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NOV 1 7
BUS. ADM
1947
MONDAY
LIBRARY
Reg. U. S. Pat. Office
Volume
166
Number 4647
New
\
RAILROAD
PUBLIC UTILITY
-
Airline Foods Corp.—Earnings—
~
EARNINGS
Consolidated
Net
YEAR
FOR
York, N. Y., Monday, November 17, 1947
INDUSTRIAL
-
American
JUNE
ENDED
Co.
Cladmetals
—
INSURANCE
■
Offered
Stock
—
Mercer
sales
$23,498,063
income.
287,993
1,000,000 shares ($1 par) common stock.
being offered as a speculation.
The shares
are
If
all
of
the
subsidiaries
seven
for the entire
year
have
to
referred
had
above
been
owned
follows:
been
as
Net
the comparable figures would
1947,
income
The
$28,954,242
607,211
that
states
company
the
at
the
of
close
fiscal
the
year,
cor¬
porate structure was simplified by merging the property and opera¬
tions of 10 active subsidiaries into the parent company and continuing
their
operations
V. 165,
of the
divisions
as
economies
effect
and
tax
This simplification will
company.
savings in the operations of the
company.—
3273.
p.
transfer
HISTORY
pany is
"Clad
Effective
Nor.
1
Wilputte Coke Oven
merged into its parent, and will operate as
no
change in personnel.—V. 166, p. 1885.
on
Corp.,
division
a
Allied
of
was
with
760 shares of
| price of $25.50
share. The shares are of new issue
in connection with the expansion of its
V.
per
Jby the
company
business.-
#
is
Company
channels
the
of
in the
United
italization
of
shares
Net
will
of
such
the
consist
after
of
products for
shares,
$2,140,000
of
RESULTS FOR
the Chicago
on
Stock
Exchange.
reported at $622,000 for the full year
months ended Sept.
30, 1947.-
were
for
nine
the
NINE MONTHS
ENDED
SEPT.
Earnings
—V.
1945
$1,014,006
$462,458
$347,003
share
per
166,
1946
taxes
after
$4.06
$1.85
$1.39
to
sary
Industries,
Inc.—Stock
in
venture.
commercial
common
designation
metals
for
covered
cladding
Joseph
this
part
Kinney has
States, and
to
use
to
which
this
of
operate
process,
to
under
invented
was
patent
No
assigned
but
the
two
the
and
has been
patent
company,
are
Kinney Process
been
developed
has
issued
patent application has been
one
in
the
United
stockholders
in
increase
an
the
at
applications, which Mr.
pending in the United
allowed in
Dividend—Future
Kinney Process and
cooking utensils which hav<e been labricated from these sheets^
"V.
\
~
stock
"Amount
to
■
be
2,000,000 shs.
no
outstanding if all securities being registered
are
Mill Soon
dividend,
pany's
present
and
and
obtained
$6
sold.
second
each
announced
at
p.
to
on
Nov.
make
12
only
Carnegie, Pa.
in
a
that the first rolling mill plant, de¬
cladmetals, is being readied for this
plant 800 feet long by 125 feet wide.
1678.
later
plan
80,000
offered
from
such
expansion
for
a
the
of
to
100,000
sale,
sale
if
would
program.—V.
to
company
shares
market
166,
p.
which
to
take
100%
a
will
be
Inc.—Files
recapitalization plan
Plan
specified
as
plan
provides
and
get
first
$7
new
debentures
receive
owners
that
shares
2.125
$100
preferred
common
and
1.5
three-eighths share
held,
and for present common
share for each 50 now held.—V,
of
new
by
without
of
indebtedness
and
Proceeds
for
will
used
be
general corporate
to
for
receive
one
1469.
p.
Nov. 7 filed a letter of notification
shares ($1 pari common to be offered at
underwriting.
get
first
common;
common
will
owners
166,
owners
share;
per
shares
^Vith
with
company
30,000
$10
SEC
the
SEC
share
per
discharge
portion
a
purposes.—V. ,166,
1250.
p.
•
i
The company
asked
the
plan
for
SEC
in
tA
letter signed by H. L. Aller, President, on Nov. 7
its consideration of the company's present
its preferred stock and settlement of certain
a
to
suspend
retirement
claims.
of
-
The
plan,
&
,
;,
„
*£.
>
t;
•
filed jointly
Share
Co.,
on
Power's subsidiaries.
Such
have
that
at
materially
Mr.
^
Aller
time,
but
now
that
because
not
""
"American
'
\
-
"feasible under market conditions
are
changed."
added
"
if
<,
sales, Mr, Aller wrote, were
existing"
"market
'
-
conditions
* .•
-
is
Power
proceeding to formulate
a
new over-all plan
to deal with its problems under the Holding Com¬
pany Act which can be carried out under present conditions.
This
plan will be filed just as soon as the studies on which the plan must
be based can be completed."
Weekly Input Increased 8.99%—
the
8.99%
week ended Nov. 6 the System inputs of subsidiaries of this
amounted to 218,433,000 kwh., an increase of 18,022,000 kwh.,
over the corresponding week of 1946.—V. 166, P.
1885.
American Smelting & Refining
Stock Divi¬
Co.—20%
dend, Etc.—
Dec.
directors
of
to
23
have
$1.50
declared
share
per
holders
of
record
stock
dividend
common
stock,
20%
a
the
on
Dec.
and
of
cash
a
both
distribution
cash
A
5.
payable
cents,
50
previously declared, is payable on Nov. 28 to holders of record Nov. 7.
payments, together with 50 cents each paid on Feb. 28, May 31
and Aug. 22, and $1.50 paid on Sept. 24, makes a total of $5 per
share in cash for the year 1947, as compared with a total of $3 in
1946.—V. 166, p. 1250.
In This Issue
under¬
Funds
care
of
the
com¬
1250.
Co.
Stock and Bond Quotations
American Telephone & Telegraph Co.—Large Number
1947
1946
$
$
155,099,434
130,127,684
1,073,369
551,687
601,755
sales
income
524,075
Total
of
20,266
income
156,794,824
selling,
admin,
and
131,719,367
108,870,137
and
depletion
4,942,248
Provision for Fed.
and foreign
taxes
on
income
4,000,000
4,400,000
$6,191,005
712,613
555,666
5,581,958
5,635,339
outstanding
2,737,526
2,737,526
share
$2.04
$2.07
preference and
applicable to
Common
shares
Earnings
per
"Includes
1,688,114
$6,294,571
income
on
783,769
2,175,000
income
6,335,853
964,854
and process development
expenses___
charges on funded and other debt
Employees' pension funds
Interest
3,450,489
8,447,542
Research
Dividends
*515.921
129,970,609
sold, and
expenses
Depreciation
common
preferred stocks__
common
profit of $458,792
rate to parity.
stock
arising from increase in Canadian offi¬
exchange
NOTE—The
24
29
Curb
Exchange
Stock
Baltimore
Boston
Exchange
13
33
Stock Exchange
33
net
income above does not include the
equity in the
undistributed net income of associated
companies (49% or 50% owned).
Including such equity, the net income applicable to common stock
would be increased to $7,199,544 in
1947 and $7,177,124 -in 1946.—
V. 166, p. 1678.
Chicago Stock Exchange
34
Cincinnati
(net)
products
general
New York Stock Exchange (Stocks)
New York Stock Exchange (Bonds)
New York
(& Subs.)—Earnings—
Dividends, interest and discounts
Royalties, licenses and service charges
cial
Co.,
Power
its
American Investment Co. of Illinois—Files
The
The
stock
warrant.
conditions
used
be
declare
9 Months Ended Sept. 30—
Net
the
owners
preferred
dividend
American Cyanamid
Net
Foreign
debentures
common
for
or
Page
Cost
redemption
stocks.
share
new
For
Ready—
especially
&
has amended
amended,
new
preferred
DC-6s.-
Other
New York, N. Y.,
1349.
These
the
is
written
Net
have been called for redemption
share ai d dividends.
Payment will
per
by SEC—
company
meeting held on Nov. 10 approved
common stock
from 100,000 to 500,000
par
$52.50
by American Power and its parent, Electric
Sept. 6, 1946, provided for the sale, at com¬
petitive r bidding, of blocks.,, of common stocks, of certain of American
"Outstanding
1,241,212 shs.
shares.
It
As
$110
Bond
ik
vcapitalization
{par
the
APPLICATION OF PROCEEDS—The proceeds of the
present offering
to the company will amount to
approximately $1,110,000 if all the
shares being offered
are
sold.
It is the intention of the
company
to apply these proceeds to the
purchase of machinery and equipment
necessary
for commercial operations,
adapting the company's plant
to the proposed
operations, purchasing inventory, payment of existing
166,
at
166, p.
company
common
The
—V.
1947
the Manufacturers Trust Co.,
American Power & Light Co.—Working on New Plan
company believes that it can manufacture and fabricate Stain¬
Clad Copper sheets under the
Kinney Process and it basis its
belief in part on the pilot samples of Stainless Steel Clad
Copper sheets
which
have been manufactured under the
was
shares of serial class A stock, optional
(which is entitled to cumulative annual divi¬
1936
the SEC in the Commission's findings and opinion of Nov. 4.
The amendment calls for .increasing participation of the public first
preferred stockholders at the expense of the second preierred and
Canada.
special
a
of
by
States
Financing Planned—
The
The
has not yet been acquired, and the
large part of the proceeds of the present
a
less
It
of
American
Asked
or
is
intends
metals
Common
31,
at
agent.—V.
purpose.
Kinney, Jr.
any
Dec.
be made
operations
to
proposes
for
or
bonded
metals
commercial
company
Aluminum
of
company
signed
657.
P.
Manufacturers'
outstanding
the rate of $2.75 per share)
obligations and for working capital.
30
1947
Profits
the
clothed
in animals.
use
the company's outstanding cap¬
of long term debt and 261,290
new
taxes
$1,014,000
and sale through ethical
pharmaceutical products for
disease, being the largest producer
the
Is
by other metals, the two metals
joined together.
The purpose of such
utilize particular qualities and charac¬
teristics of
each
metal and to compensate
for some partcular dis¬
advantage of one with an advantage of the other.
The company nas acquired a
plant, two rolling mills and a cladding
machine press.
The majority of the machinery and equipment neces¬
manufacture
stock, listed
common
and
1946
biological and
treatment
States of
profits
the
of
lines
and
issuance
Upon
in
engaged
broad
prevention
stock (no par) at a public offering
common
untried
is
inseparably
combinations
on
Allied Laboratories, Inc.—Stock Offered — Goldman,
Sachs & Co. announced the distribution Nov. 14 of 11,-
and
metals"
are
being
The
subsidiary,
a
stock
common
the
series
dends at
AND
new
a
company
Corp.—Merges Unit—
the
for
of
dividend
•
offering
Allied Chemical & Dye
agent
BUSINESS—Company was incorporated in Penn¬
sylvania July 3, 1945, for the purpose of engaging in the business of
manufacturing and fabricating clad metals.
The company has not
as
yet gone into commercial production, and has not acquired the
majority of the equipment it will need to go into production. Com¬
which
sales
Net
ended June 30,
The
Trust Co., New York, and the registrar is Colonial Trust Co., New York.
MISCELLANEOUS
-
All
on
'
The above figures include the earnings of seven subsidiaries acquired
during the fiscal year from the dates of acquisition only.
These seven
subsidiaries were acquired as of the following dates: David G. Evans
Coffee Co., Sept. 30, ,1946; Sodus Canning Co., July 9, 1946; Empire
Biscuit
Co., James A. Harper Supply Co.
and Chevy Chase Co.,
Nov. 30, 1946; Smithfield's Pure Food Co., Inc., March 31, 1947; Henri
Foods, Inc., April 30, 1947.
Copy
a
American Cities Power & Light Corp.—Stock Called—
Hicks & Co. publicly offered Nov. 7 at $1.50 per share,
1947
30,
Price 75 Cents
34
Cleveland
Stock
Stock
Exchange
Exchange
34
Detroit Stock Exchange
35
Philadelphia Stock Exchange
Pittsburgh Stock Exchange
36
80 BROAD
number
Bell
ments
the
1-573
could
basic
of
The
payroll
by
who
subscribe
rate
24
—delivery,
Stock and Bond Averages
33
making
conditions,
the
make
huge
of
$100
had
for
with
pay,
six
deductions
six
in
months'
for
share
one
limit of
a
De¬
service
each
full
50 shares.
and
in
V.
arrangements include
of facsimile signatures
York
but
.it
Stock
is
in
a
held,
have
facilitate
166,
p.
the
on
arrange¬
reduction
delivery
and
company
agreed
marked
of
the
in
the
rights,
1782.)
provision for use,
under certain
indorsements.
Under the rules
for
Exchange,
rights
so
indorsed
will
not
be
a
understood
deliveries
rights
Firms
result
required
offering
handling the rights issued
right to subscribe for $100
shares
Exchange
to
in
the
31
each
expected
(See
involved
Oct.
of
for
Stock
of
are
New
the
task
holders
at
transfers
new
42
24
of
the
giving
Street.
Over-the-Counter Markets
among
"good
a
the Exchange will not object to firms
themselves.
The Telephone company will
transfer" under the arrangements.
Complicating the transactions for Wall Street firms, but actually
simplifying the business for Telephone stockholders, is the fact that
Reserve Banks
4, N. Y.
Teletype:. NY
begin
employees
eligible to participate, except officers of the company.
employee
which
Transactions New York Stock Exchange
Transactions New York Curb Exchange
Condition
NEW YORK
to
are
System
annual
Association
in
the
company
will issue only
fractional warrants separately.
41
2-2600
the
41
46
STREET
10,
39
Foreign Exchange Rates
Combined Condition Statement of Federal
HAnover
shares
Bell
debentures
Toronib Stock Exchange—Curb Section
Dividends Declared and Payable
Compan y
the
were
his
Recognizing
38
MUNICIPAL
Established 1922
31
eligible
Montreal Curb Exchange
Toronto Stock Exchange
State and
DEPARTMENT
signified
Simplifies Process of Handling Rights to Holders—
of
Municipal Bonds
Telephone:
Aug.
on
$500 of
Nov.
City Bond Offerings
50
Redemption Calls and Sinking Fund Notices_45
The Course of Bank Clearings
43
&
regular
Each
36
General Corporation & Investment News_Cover
FLORIDA & NEW JERSEY
qAllen
All
The
IN
Nov.
on
the
cember.
37
Exchange
of
for
payments
Montreal
Stock
have
terms
2,800,000 shares authorized for this purpose. The per cent participation
is higher than in previous plans for a like period of subscription.
Employees had until Oct. 31 to elect to purchase stock. Instalment
San Francisco Stock Exchange
Miscellaneous Features
SPECIALIST
7 announced that over 250,000 Bell System
their intention of buying its capital stock
Employees' Stock Plan.
Tabulation
of
purchase forms received by the company in New
York from all
parts of the country shows that about 46% of the
eligible employees have signed to purchase more than 50%
of the
company
under
36
36
St. Louis Stock Exchange
Employees Offer to Buy Stock Under Stock Plan.
The
employees
35
Los Angeles Stock Exchange
of
Federal
41
Statement
Reserve
of Member
System—
Banks of
Association
company
with
to
has
check
a
before
that
Dec.
"This
of
agreed
dated
date,
Stock
to
Dec.
single
warrants,
instead
of
full
and
that the
accept warrants from financial
institutions
15, expiration date of the offer, at any time
and that
Exchange
such
checks
Firms
also
reports
will be subject
to
recall up
12.
will
enable
to
their rights and charge
their customers at a more convenient time, thus making it possible
to avoid the usual last-minute
rush and also give the company a
more even distribution of work,"
the Association states.
the
firms
process
The company has arranged
to have Bankers Trust Co., 16 Wall
Street, New York, N. Y., act as agent for the purchase and sale of
rights for the benefit of such stockholders as desire to use the
services.
45
Bell
System Opens New York-Boston Radio Relay—
The Bell System's radio relay system between New York and Boston
opened for experimental telephone and television use on Nov. 13, with
2
in New York, Boston and Washington.
by the new facility between New York
Washington.
the new system, radio microwaves are beamed .between New
Boston via seven hilltop relay stations.—V. 166, p. 1885.
ceremonies were linked
and by cable to
Boston
In
•
and
Co., Inc.—October
Angerman
—V.
Yorx
1947—9 Mos.—1946
$5,219,526 $5,434,789
$676,947
Atlas Powder Co.—New
W.
G.
a
'47
Nov. 1,
companies
—V.
166,
-
—9 Mos. Ended
Nov. 1, '47 Oct. 26,
Ended
Oct. 26, '46
store
subsid.
bv
Sales
$34,471,729 $34,211,264
Offered—
Ltd.—Bonds
Co.,
each
and interest.
issue
The
awarded Nov. 12 on a
Jackson & Curtis,
was
Webber,
Paine,
were:
$3 each, four new shares having been issued
par share owned.
The stockholders approved
bid of 101.089. Other bids
Stone & Webster Securities
Tully & Co., 101.602 for 3'As; Halsey, Stuart &
Co.
3'As.
The company failed to receive any bids for the 150,000 shares ot
new preferred
stock (par $20) offered for sale at the same time, due,
It is said, to the poor market conditions for preferred issues.
PURPOSE—The net proceeds will be used by the company in part
to liquidate short-term bank loans owing by the company to SecurityFirst National Bank, Los Angeles, Bank of America National Trust &
Savings Association, and Citizens National Trust & Savings Bank;
Los Angeles, and in part to reimburse its treasury for expenditures
and Mitchum,
Inc., 100.0969 for
Corp.
$1
10.—V. 166,
capitalization on Nov.
in
Kidder, Peabody & Co., and Shuman,
Agnew & Co. on Nov. 13 offered $6,000,000 first mort¬
gage bonds, series D, 3x/8%, due Nov. 1, 1977, at 101.86
Operating
to 568,703
in exchange
this change
made
for capital purposes,
including the
and
acquisition of the
Co. in 1946,
to the com¬
Exchange, acquired from Conosolidated Telephone
in part to finance future additions and betterments
Downey
pany's properties.
BETTERMENTS—Gross property. additions and
betterments for the year ended Dec. 31, 1946 (exclusive of the acquisi¬
tion
of the
Downey Exchange)
and for the eight months ended
Aug. 31, 1947, amounted to $4,735,466 and $6,768,264, respectively.
It
as
estimated that gross additions and betterments for the last four
months of 1947 and for the year ending Dec. 31, 1948, will be $4,366,000
and $15,380,000, respectively.
It is estimated that the major addi¬
tions for the 16 months commencing Sept.
1, 1947, will be $2,500,000
for buildings, $5,100,000 for central office/equipment, $6,600,000 for
station equipment and $4,300,000 for outside plant.
Additions and betterments made during 1947 have been financed for
the most part by the short-term bank loans which aggregated $2,500,000
on
Oct. 31, 1947
(and currently aggregate $3,250,000), and by the
sale of 150,000
shares of common stock to the company's parent,
AND
ADDITIONS
Telephone Corp., at an aggregate price
estimated that the balance of the proceeds of
bonds, after payment of the bank loans in the
General
of $3,000,000. It ,is
the sale of the new
amount of $3,250,000
outstanding, will provide funds for property additions and betterments
through January, 1948.
The company proposes, as soon as practicable,
to issue and sell the new preferred stock and it is expected that the
net proceeds which may be received by the company as the result of
such sale will be used by the company for the same purposes as the
proceeds of the sale of the new bonds.
is engaged in the largest construction
its history, it is expected that additional capital funds will
The company's present plans for such future financing
required in order to carry out this program are not
expected, however, to use (a) treasury funds on hand,
internal sources, the principal items of which are the
for
depreciation and amortization and undistributed
{c) funds from the sale of additional securities when
net
program in
Since the company
be required.
as may be
yet definite. It is
(b) funds from
provisions made
earnings and
and as required.
GIVING
CAPITALIZATION,
Series
C,
D,
Series
Cumulative
ISSUE
Outstanding
$1,368,000
10,300,000
6,000,000
Authorized
1, 1969—
3(4%, due Nov. 1, 1974___
3(4%, due'Nov. 1, 1977_—
preferred stock ($20 par)—
3'A%, due Dec.
B,
Series
EFFECT TO THIS
bonds—
First mortgage
Unlimited
Unlimited
Unlimited
p.
1782.-
principal amount.
The company has selected Bankers Trust Co.,
Y. the trustee under the Toledo-Cincinnati
-
mortgage,
.refunding
as
California.
provides toll service, over .its own lines exclusively,
Huntington Beach and Westminster, between Malibu Beach
Monica, between Santa Monica and West Los Angeles, between
Beach and Tustin, between San Bernardino, Crestline and Lake
-head, and between all of its exchanges located in Santa
County.
Toll service to other points in and out of California
vided by. connection with the Bell System through the lines of
Telephone & Telegraph Co.
The
company's sole subsidiary, San Joaquin Associated
between
and Santa
Laguna
Arrow¬
Barbara
is pro¬
Pacific
'
Telephone
Co., operates, without competition, local telephone systems in Strathmore, Fowler,
Lindsay and Reedley, all of which are located in the
central part of California.
This subsidiary also owns and operates a
toll line between Reedley and General Grant National Park,
Calif.,
affording toll service to a number of intermediate small communities.
Toll service to other points in and out of California is provided by
connection with the Bell System through lines of Pacific Telephone &
share
166,
The
16 Wall,St., New
York,
$102
is planning the issuance
equioment trust certificates.—V. 166,
will
it
to
—V. 166, p.
2,800,000
Central
Hanover
&
Co.—Registrar—
Bank & Trust Co., New
York, N. Y., has been
stock, $10 par
West Indies SS. Lines <&
^
Subs.)—
Earnings—
Period End. Sept. 30—
Operating
Net
oper.
income
Other
1947—3 Mos.—1946
$7,711,561
revenue
1947—9 Mos.—1946
$3,759,605 $20,888,951
7,433,291
•Operating expenses
revenue—
(net)
3,780,240
19,867,127
$278,270
69,756
t$20,635
$8,104,579
7,345,336
$1,021,824
230,441
93,798
$759,243
278,207
Interest
Net
expense
oper.
profit
Gross
Net
$73,163
28,011
$1,252,265
72,173
$1,037,450
73,527
(net)
$326,299
$45,152
$1,180,092
$963,923
85,430
taxes__
215,020
73,152
2,006,760
-
for
taxes:
income
taxes-
profit
*Including overhead
principally
recurring).
.
resenting
$411,729
185,226
$260,172
18,193
$1,253,244
$2,970,684
441,918 /-
339,497
$811,326 $2,631,187
and depreciation. tNet operating deficit.
fRepprofit from disposition of capital assets (non¬
$226,502
$241,979
$100,000,
of
sum
1947
, 1946
$4,484,536 $4,267,670
2,383,100
2,383,100
"Earnings per common share
$1.77
$1.74
"After preferred dividend requirements.—V. 166, p. 1042.
Sept. 30—
income
outstanding
(The) Bond Fund of Boston,
1945
$3,393,156
2,000,000
$1.56
Trust
trustee,
Co.,
prices
exceeding
not
sufficient
amount
delivered
must' be
on
N. Y.,
sale to
April 1,'
sale,
interest to the date of
and
105
exhaust
to
will
rejection
or
York,
Wall Street, New
One
Dec. 1, 1947, receive bids for the
50-year sinking fund gold bonds due
including
mortgage
166,
the
Notice
$231,641.
of
sum
be mailed on Dec, 2, 1947, and
Dec. 5, 1947.—V. 166, p. 1575.
or
accepted
Subs.),.Chicago—Sales Decline—
1947—10 Mos.—1946
1947—Month—1S46
California Packing Corp.—New
Inc.—Net Assets—
Division
Seegelken,
E.
Oliver
$
$
$
17,109,370
112,552,362 132,748,857
1679.
p.
director.—V.
Sales
Director
Manager,
elected
been
has
to Sept. 30, net assets increased from about $170,000 to $531,226,
the present figure in excess of $650,000.
At the close of the
period on Sept. 30, there were 43,780 shares in the hands
of investors, of which approximately 23,770 had been purchased by
-fiduciaries and by charitable, welfare,
educational and similar insti¬
tutions. Net asset value on Sept. 30 was $8.33 per share, which com¬
and associates
& Co.
Witter
—Dean
Offered
Nov. 6 offered
on
15,652 shares of common stock (par $25) at
year
with
a
165, p. 334.
California Water Service Co.—Common Stock
to shareholders, the corporation states
public offering of its shares on June 9 of this
initial
exceed
will be
to
165, p. 2795.
15,736,610
—V.
its first semi-annual report
the
not
prices
at
Payment for debentures accepted
interest.
1947.—V.
Sales
(& Subs.)—Earnings
$32,875 per
share.
semi-annual
with $8.50 per share on April 21, 1947, the
in the initial offering prospectus.
pares
.'
estimated
date of the financial
statements
been
has
Sanders &
net
of
San
earnings for
"The
reason
management fee," the report states, "is to insure
early growth of the Fund that shareholders will
1947
—V.
166,
Common Dividend and
Share—
Jan.
Nov.
on
declared
7
40
101,000 shs.
bonds
on
the
be
may
issued
Co.—Increases
Capacity—James
Total
1944
$4,306,609
2,856,531
$3,930,637
2,462,802
$3,643,465
2,251,333
$1,450,078
13,410
11,894
$1,467,834
27,571"
$1,397,081
12,860
$302,683
$1,461,973
443,505
$1,495,405
494,130
$1,409",942
274,159
expenses.__
oper.
revenue
Other
,
said in part:
II the company had 350,000
it has 560,000 kilowatts. In
Station of the largest turbo¬
will have aproximately 650,000
generating capacity.—V. 166, p. 1046.
1945
$3,178,240
2,288,967
$889,273
oper.
Net
income.
—
deductions
Income
Fed.
1947 this company
of
normal and
Federal
1944
of
Refund
201,000
tax__
excess
Crl04,649
profits ' tax
.
$439,814
income
Net
"And
expense
reduction
in and
distribution
This
1947.
will be paid in
is
being paid from long-term
will be determined on Dec. 9.
capital gains.
Stockholders
stock unless they elect to receive cash, j
- /
have also fixed Dec. 9, 1947, as the record date for
to receive a
cash dividend payable on Dec.
directors
stockholders
entitled
24, 1947, from the ordinary income of the corporation. • The
this dividend will be determined by the directors on Dec. 9,
will amount to
it is estimated that it
Payments
24,
last year,
April 1, July 1 and Oct.
the corporation paid a
share
Broad & Walnut Corp.
1,
cash dividend of 28
share from ordinary income and a special
out of capital gains, tht latter payable in
holder's option.—V. 166, p. 1886.
cents per
amount of
1947, and
approximately 24 cents per share.
of 18 cents each were made on
this year.
On Dec.
The
bondholders
Ritz-Carlton
dividend pf $1.38
stock or in cash,
!
at
took
(Ritz-Carlton Hotel), Phila.—
large Philadelphia, Pa., hotels—
and Walnut Streets and the Sylvania at
over
Broad
two
Juniper Streets—at public auction on Nov. 5. ••••
Blasband, who represented the bondholders' protective com¬
mittees of both hotels in the purchase, bid $1,250,000 for the Sylvania
Hotel and $1,100,000 for the Ritz-Carlton Hotel. •
;
-*■
'
Locust
and
Alfred
The
Real
$511,114
$504,683
bonds equal to resulting
$696,467
of redemption of series B
refund of Federal taxes on
income.
UNDERWRITERS—The names of the principal
of shares' of additional common stock
number
chased
by each are as'
:
No. of Shs.
Shs.
6,262
Elworthy & Co
4,695
Witter & Co
—V. 166,
underwriters and the
severally to be pur¬
follows:
No. of
Dean
194,000
77,000
322,000
188,709
surtax
prof.
exc.
510,259
517,809
premium
Schwabacher & Co
—____
3,130
1,565
1886.
p.
directors
The actual amount thereof
the
•
1946
Operating revenues
■"Portion
Street Investing Corp.—To Pay Special Div.—
have declared a special distribution out of realized
capital gains, payable Dec. 24, 1947, to, stockholders of record Dec. 9,
per
1946 (AUDITED)
Calendar Years
8 Mos. End.
V.
with the installation at Edgar
generator in New England the company
kilowatts of
issued provide that addi¬
amounts subject to legal
of the indenture.
;
were
unlimited
INCOME ACCOUNT,
SUMMARY OF
the following dividends:
cents each; and Oct. 1,
generating
1949,
in
regulation and the restrictive provisions
dividend action,
Edison
21,
these bonds
which
under
"Indenture
tional
None
210,000 shs.
240,000 shs.
Aug. 31/47
Toner, President, on Nov. 1
Oct.
480,000
•
139,000 shs.
139,000 shs.
Total income
On
$12,782,000
$540,000
pfd. stk.. series D, R, F .and G-„_
Common stock
(par $25)
C. S. Davis, President, said:
"Directors believed that the continuing high volume of Borg-Warner's
Sales, which are double those of 1946 and more than three times the
dollar
volume
of
preware years,
justified a more liberal return to
stockholders than could safely be paid during
the uncertainties of
war
and the reconversion periods."—V. 166, p. 18&3.
Boston
1947-55
due
series C (par $25)
stk.,
.
Commenting
Outstanding
due
Cum.
a
the common stock received
cents; April and July 1, 50
1947,
2,
65-cents.
series C,
bonds,
(1.4%-2.2% ),
pfd.
cum.
1947.
During
On
PROPOSED FINANCING
EFFECT TO
1975
1,
notes
4.4%,
quarterly dividend of 75 cents
per share and a special dividend of $1 per share on the common stock,
and
the
usual quarterly dividend
of 87(/2 cents per share on the
preferred stock, all payable Jan. 2, 1948, to holders of record Dec.
10,
improvements in
extensions and
for additions,
business.
GIVING
*
Special of $1 per
directors
3(4%
mtge.
Nov.
Serial
The
of
Authorized
First
Borg-Warner Corp.—Increases
Declares
used
course
CAPITALIZATION,
1575.
p.
ordinary
deposits advanced by subdividers or con¬
and of
partially restoring the
extensions,
line
finance
capital
working
1947—Montn—1946
1947—10 Mos.—1946
$8,355,125
$8,013,589 $62,667,092 $57,196,882
Period End. Oct. 31—
Sales
the costs of the company's
to
refunding
of
loans,
to
sumers
.
proceeds
net
bank
the
Inc.—October Sales Up 4.3%—
Bond Stores,
$900,000
538,500.
is
use the net proceeds from the sale
stock in partial repayment of bank
(borrowed from American Trust Co,,
be received by the company from the sale of
$1,500,000 series C bonds (advertised for sale by competitive bidding
Nov.
18)
will be used for the purposes of repaying the balance of
during the period of
not be penalized by
35 public utility
railroads.—V. 165, p. 3162.
common
Jose, Calif.) obtained to defray in part
construction work.
The
relatively small size."
30 lists investments in
portfolio on Sept.
issues, 10 industrials and 22
of
served
area
intends to
of
amount
the
in
the
of
shares
15,652
the
loans
the principal underwriter for the shares, resulting in
the SVfe months amounting to 12 cents per Share.
for this assumption of expenses and waiving of the
Co.,
population
PURPOSE—Company
that during this accounting period the management
waived and all operating expenses assumed by Vance,
The report notes
fee
Company is a
21, 1946.
COMPANY—Incorporated in California Dec.
.public utility water company serving water in or to 31 cities and com¬
munities and adjacent territory, all in the State of California.
The
Hotel Sold at Auction—
be¬
profit before in-
•cqme
Prov.
profit
income
fore
tOther
$348,026
21,727
income
debentures due 1965 to an
it of 6%
to
the
Period End. Oct. 31—
.
Nine Months Ended
at
Gross
and
until noon of Nov. 17
amount
Providence, R. I., will
of
sale
Butler Brothers (&
1475.
Common shares
The
Gulf
Atlantic
the
$
The
appointed registrar for 1,000,000 shares of common
value, initial issue 802,553 shares.—V. 166, p. 754.
$0.59
Racing Association of Pawtucket, R. I.—
and
to
at
an
$3,930,950
Broad
Atlanta Gas Light
The
$0.75
Blyth & Co., Inc
1678.
309,488
$651,172
*
24,
Irving
first
acceptance
A year before the start of World War
kilowatts of generating capacity.
Today,
$400,000
$960,66'0
508,344
tax
shares
exhaust
share
up
of
.1960,
tenance.
Shuman, Agnew & Co.
$1,330,587
;
income
Bush Terminal Buildings Co.—Tenders—
1947—Month—1946
1947—10 Mos.—1946
$3,641,031 $35,120,624 $30,491,361
'
Beneficial Industrial Loan Corp.
from
$912,274
48,386
Corp.—October Sales 8% Higher-
(A. S.) Beck Shoe
period End. Oct. 31—
Salesj._i______
p.
40,731
TrUst Co.
for
to
Nqv.
on
The
166,
1945 !
$5,028,747
4,116,473,
1947
other
755.
bids
per
made
UNDERWRITERS—The name of each principal underwriter for the
bonds and the respective principal amounts of the new bonds
underwritten are as follows:
$2,800,000
of
holders
to
$5,752,328
4,462,472
operating income
charges
other
1.094,456
on
p.
sufficient
subscriber.
White, Weld & Co
Kidder, Peabody & Co.
30
Dec.
$822,243
Union
receive
served by it.
Under this arrangement, vehicles
of subscribers to this service are
connected by radio to the wire telephone network of the company and
thus may receive the same telephone service as any wire telephone
new
payable
^
bonds
tric
through the
3%%-
1679.
p.
and
Federal
Burrillville
added 50,000 kilowatts of new elec¬
capacity, when the third turbo-generator at Mystic
Station in Everett was officially placed in operation.
The first unit
at Mystic went into service in November, 1943, and the second unit
in September, 1945. Each is a modern 50,000-kilowatt turbo-generator,
designed to operate at a high degree of fuel economy, thus helping to
absorb some of the increasing costs of fuel, labor, taxes and main¬
Telegraph Co.
Telephone service to automobiles, busses and trucks
use of radio is being initiated by the company in territory
the
Tenders—
Bankers Indemnity Insurance Co.—New Official—
Eugene M. Cook has been named Assistant Treasurer.
He holds the
same
position with the fire companies of The American Insurance
Group.—V. 165, p. 1723.
In
This
share on
per
$1,289,856
for
Per
the
southern
cents
etc
income,
•—V.
1783.
that
30.
that company
reported
was
$5,000,000 • additional
"The
'
Company
p.
it
7
Nov.
some
bond
280,312 shs.
280,312 shs.
*1947
series
150,000 shs.
150,000 shs.
Future series, if any
319,688 shs.
None
Common stock (par $20)
750,000 shs.
448,854 shs.
♦No contract has been made for the issue or sale of these shares
.and such shares are not being presently offered.
BUSINESS—Company was incorporated in California March 18, 1929.
Company is engaged in the business of providing, without competition,
local
telephone service in certain cities and other communities in
93%
income
Net
Equipment—
To Finance
of
Net
record
payable this
or
June
Sept. 30—
and
Total
/
Division first lien and
its agent to make the exchange.
N.
having invested in a fund of
series
4»/2%
of
declared,
also
166,
expenses
Provision
—V.
paid
&
-
heretofore
cents
share
of
to holders of
12
share
Balance
Interest
Ohio RR.—Notice of Exchange—
It is announced that Nov.
24, 1947 has been determined as the
exchange date of Toledo-Cincinnati Division first lien and refunding
mortgage 4% bonds, series A for the Toledo-Cincinnati Division first
lien and refunding mortgage 4% bonds, series D, due July 1,
1985.
After the excxhange date the old Toledo bonds and interest coupons
appurtenant thereto maturing after that date shall evidence only the
right to obtain in exchange therefore Toledo bonds of series D of like
Baltimore
On
dividend
was
30.-—V.
Transportation
amendment with the Secretary
authorized common stock from
(142,177 shares outstanding)
300,000 shares of $1 par value
shares, par
Telephone
Corp.—Capitalization Increased—
corporation on Nov. 12 filed an
of State at Dover, Del., changing the
White, Weld & Co.;
25
Buckeye Pipe Line Co. (& Subs.)—Earnings—
The
$96,700,326 $96,175,085
of
of 50 cents having been disbursed on
total of $1 per share paid in 1946.
quarterly
Nov.
total of $1.75 per
a
25
cents per
dividend
extra
an
a
stock
preferred
record
declared
quarterly1 dividend
stock, both payable Dec.
makes
with
usual
The
1885.
p.
Ayreshire Collieries
'46
for
Associated
regular
9 Months Ended
1251.
P.
166,
Corp.—Quarterly Sales Higher—
Quarter
directors
the
extra
an
compares
Vice-President—
the
This
12.
year,
General Manager of the company's Explosives Depart¬
member of the board of directors, has aLo been elected
Vice-President.—V.
Associated Dry Goods
A
°.n
Nov.
1470.
28,
Frome,
and
ment
1782.
166, p.
12, 1945.—V. 166, p.
and on Dec.
year,
Sales Rose 5.5%—
1947—Month—1946
$641,365
Period End. Oct. 31—
Sales
5%
and
share
per
common
share on the
Oct.
On
on Nov. 12 declared a dividend of $3 per share on
stock and the usual semi-annual dividend,of $2.50 per
non-cumulative preferred stock, both payable Dec. 15
to holders of record Dec. 1, out of net profits for the year 1947.
The common dividend is at the same rate as paid on Dec. 12, last
directors
The
the
,
__
(E. L.) Bruce Co.—Extra 25-Cent Dividend—
$3 Common Dividend—
To Pay
The
and
ceremonies
simultaneous
Monday, November 17, 1947
CHRONICLE
THE COMMERCIAL & FINANCIAL
(1990)
v
Sylvania,
Estate
15
Trust
stories, high with 400 rooms, was sold
Philadelphia, Pa., successor. trustee
Co.,
and the 210-room Ritz was sold .for
Title Bank & Trust Co., Philadelphia, Pa., trustee under ' a
trust mortgage.—V. 129, p. 2232.
$1,500,000
bond
issue,
for the
under) a
the Land
$2,500,000
Insurance Association — Stockholders
92,466 Shares—The stockholders sub¬
scribed for 92,466 shares of the 100,000 shares of capital
stock (par $5) which were recently offered for sub¬
scription at $17 per share. The unsubscribed shares
(7,534) are being offered at $19Vs per share by Butcher
Fire
Camden
for
Subscribe
.r
& Sherrerd.
shares of capital stock to stock¬
Oct. 22/ in the ratio of one new
held, at $17 per share. Rights
(EST)" on Nov. 6, 1947.
j •
Association offered 100,000
holders of record at 3 p.m.
(EST)
share
for
each four shares then
The
expired
at
3
p.m.
agent:
Transfer
Street,
PURPOSE —The
in
the
Registrar:
purpose
volume
past ten
The
Association.
trebled
Fire
Camden
Camden, N. J.
Is
of
Association, 434 Federal
Camden Trust Co., Camden, N.J.
of the
Insurance
to increase the capital funds
business of the Association has
years—premiums written in 1938
almost
were over
1946 over $12,500,000 and for the first six months of
1947 were at an annual, rate of over $15,000,000—with a consequent
increase in unearned ^premium reserve.
;
.
Of the proceeds, $5 per share, or $500,000, will be credited to its
capital stock account and the balance of $1,148,000, or $11.48 per
share, after deducting, the estimated expenses of the issuance of the
stock of $52,000,
Will be credited to surplus. The net proceeds pf
$5,500,000,
in
,
Associa¬
froin
$1,648,000 will'be added initially to its general funds and the
tion intends
to invest all or substantially all of these funds
time to time in securities recommended by its finance and investment
Volume
Number 4647
166
THE
and
committee
eligible for investment by fire and marine
under the laws of the State of New Jersey.
companies
insurance
Cessna Aircraft
On
GIVING
EFFECT
TO
PRESENT
*
stock
Assumes
eubscr.bed
($5
par)
the
that
to
DIVIDENDS—Cash
have
been
100,000
dividends
paid each
shares
of
purchased
or
the
on
500,000 shs.
Since
1934
of
the
by Court
Association
dividends
have
asking
a
review
in
AND
BUSINESS- The
business
organized,
1841,
The
of
as
the
by
special
Camden
Association
Act
Mutual
the
of
Insurance
is
New
continuation
a
Jersey
of
Legislature,
Association.
By
views
sity
in
Was
Jersey
force,
its
as
changed to
In
1900,
the
last
amount
credited
was
Association
The
to
capital
35th
has
the
$105,730
Association's
$105,730
been
to
to
made
that
The
since
stock
fire
and
44th
'ts
inception
in
and
operated
of
as
such
shall
V.
1G6,
the
of
be
not
&
shares
subscribed
of
by
of
exercise
subscription
the
State
in
the
directors
to
Dec.
&
declared
dividend
a
stock, payable Dec.
l,
the
—V.
company's
Bankers
Trust
for
1947,
Trading
tor
.
this
of
Corp.,
the
has
the
preferred
16 Wall
Co.,
of
sale,
which
purchase of
166,
Dividend
—
of
of
$1
share
per
of
on
stock
such
made
preferred
stock
New
to
available
stock
the
to
share
360,000
on
company
covering
/The
160,000
will
for
be
will
common
holders
Nov.
on
<te
letters
to
be
$0.69
view
to
as
the
for
each
Court
"to
take
common
695.219
make
a
its
166, p.
by
of
adv.
$1.74
from
subsidiaries
Unit
sales
the
for
of
railroad
Attorney
the
first
General
profits
Est.
nine
basis
held
Stiefel,
&
share
of
new
President,
has
to
&■
that
the
$
390,648
319,520
772,784
600,594,962 665,845,075
515,471,174
576,026,419
and the
large inventory on hand to sustain
delay the annual audit.
of
gier share,
Mr.
these
facts,
payable Jan.
the directors declared
9,
1948
to
stockholders
Stiefel
added. Hereafter, when dividends
in January, April, July and October.
distributions of 50 cents each were made this
5bo
this
37,357,808
for
dividend
of
record
of
1,287,000
23,COO,000
Regular
year
March
on
1,
10,292,645
29,460,848
30,703,094
log
of
we
have
units
orders
of
able
support
this
creased
volume
which
approp.!_
13,072,533
shown
are
of
the
of
15,539,998
with
the
corporation
automotive
19,909,974
U.
The
S.
of
District
Oct.
first
funds
to
[bonds,
plan,
last
and
three
its
in
years
subsidiaries
products.
to
to
do
ever
before.
maximum
inventory
of
Foreign
The
Accounts
to
and
more
back¬
which
District
first
lien
the
of
gold
unpaid
thereon
provides
acts
Delaware
to
up
that
Good
necessary
of
any
receive
payment of
should forward
filed
(less
to
employees
possession of
such funds shall
lien
or
assigns,
with
principal
respect
and
222,550
244,328
7,598,653
8,684,564
31,635,003
32,128,463
108,044
38,044
owned foreign subs.
113,224,104
subs (at cost)
the
15
companies
he
added.—V.
Opev.
2,358,685
3,517,946
(less
reserves)
payrolls
2.358,685
4,336,432
Misc.
1947—4 Wks.—1946
and
Treasury
(par $2.50
stock
8,532,873
5,093,853
46,147,393
less
before
Steel
on
&
Wire
Dr666.215
of
profits
from
25,958,106
266,754,607 235,198,262
454,131,644 390,495.357
for
class
&
The
appointment
Division
of
of
Chrysler Airtemp Unit—
W.
Chrysler Corp.
C.
Newberg
was
President.
Mr.
Newberg succeeds D. A
business for himself.—V. 166, p.
into
as
announced
President
on
A
Nov.
Russell,
6
of
10 declared a dividend of 60 cents
per share on
stock, payable Dec. 10 to holders of record Nov. 25.
This
with dividends of 15 cents each paid on April 10 and
Aug. 11,
-this year.
In 1946, the company also paid a total of 90 cents
per
.•share.—V. 164, p. 1079.
tfche
common
who
has
Airtemp
T.
Keller,
retired
to
Chesapeake & Ohio Ry.—Reports Record
Carloadings
The
-With
established
company
a
total
of
.connections,
234,640
cars
an
all-time
loaded
on
carloading
its
own
line
record
and
in
received
from
Robert
.compared with
a
J. Bowman, President,
announced Nov.
8.
This
previous high of 232,543 cars set in May of this
year.
Previously, the company announced that during October it had
•shattered existing coal loading records on three
successive
days in
ithe week ended Oct. 31 and in the same week also
handled the highest
:number of daily revenue carloads of
freight in the company's history.
—V.
166.
The
p.
1887.
Commercial
Air
freight flown by this corporation during the seven months from
through Oct. 29 totaled 946,879 pounds,
according to Gerald J.
Keller, Cargo Traffic and Sales Manager.
Totals for the first 29 days of October were the
highest since the
corporation began cargo operations in August, 1946, and
more
than
twice
Financial
as
high
During
the poundage flown in July of this year.
October, the company flew more than 200,000
merchandise
Havana.
in
Central
of
the
The
next
Keller
release
South
America
by
connecting
airlines
capital.
of
$184,807
30-day period
180,197 pounds.
said
of
two
reductions
DC-3s
in
was
$8 169 247
2,515,000
l',79o',000
3,145,009
$3,660,860
$3,997,532
$3,234 247
($3,660,860
$3,997,532
$4,271,261
1,717,352
1 717 352
1 717 35>
$2.13
$2.33
i
1,037 014
period
B
shares
of
outstand.
1947
radio
for
of
station
possible
color
•
television
from
F'ederal
facilities
and
of
thereon.
tA
result
as
petition
of
for
$113,269
(&
denial
1947—9 Mos —1946
$1,741,370 $10,157,860
ex¬
$4,763 869
1,238,900
649,000
3,940,300
1.755,209
$2,079,410
$1,092,370
$6,217,560
$0.79
$3,008,669
$0.41
$2.36
$1.14
sliare___
per
'"On
2,636,878 shares
of
Commonwealth
The
of
weekly
this
834.824
served
as
The
vote
compared
on
approving
&
Gas
166, P.
of
operating
out
September,
when
cargo
output
to
week
Corp.—Weekly Output—
of
electric
energy
shown
general
business
ended
Nov.
6,
with
282,034,099 for
32,800,725 or 11.63%.
1947,
the
of
subsidiaries
conditions
amounted
to
corresponding
On
account
of
the
Co.
at
a
special
the
of
sale
the
meeting to be held
the corporation to
by
capital
stock
of
South
on
Dec.
South
Carolina
In
the
rates
of
exchange,
remittance for
foreign
-
in
will
17
Carolina
Power
1887.
Co.
Coniaurum Mines
Ltd.—EarningsQuarter Ended Sept. 30—
Tons
Net
ore
1947
i
from
and
metals
operating-
operating
Non-operating
revenue
I
produced
costs
$2-1,048
27,410
213,980
profit
on
sale
201,511
$33,949
profit
and
1946
29,130
$247,930
milled
income
Development
$39,537
of
securities
1,140
1,567
$35,090
$*1,104
Total
for
taxes
2,275
10,675-
traffic
Net
personnel
reserved
late
in
exclusively for
1946—coupled
cargo
with
flights—were
profit before write-offs
Capital
expenditures
—V.
166,
p.
$32,815
I
'267
852.
<0,429
0,064
Chronicle
fluctuations
of
314
week
Sale of South Carolina
Power Stock—
stockholders
on
the
stock.—V. 166, p. 665.
Southern
hour
adjusted
for
increase of
an
&
kilowatt
corporation
common
(Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park
Place, New York 8, N. Y., REctor 2-9570.
Herbert D. Seibert, Editor and
William Dana Seibert, President;
William D. Riggs, Business Manager.
Publisher;
Published twice a week
[every Thursday
(general news and
advertising
issue)
with
a
statistical
Issue
on
offices: 135 S. La Salle St., Chicago 3, 111.
Monday].
Other
(Telephone: State 0613); 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith.
Copyright 1947 by William B. Dana
Company.
its second-class matter February 25, 1942, at the post office at
Reente;^
New York, N. Y., under the Act of M arch 3,
1879.
Subscriptions in United States, U. S. Possessions, Territories and Members
American Union, $35.00 per year; in Dominion of
of Pan*
Canada, $38.00 per vear.
Other Countries, $42.00 per year.
MOTH:
by
commercial
representing
the transfer
Subs.)—Earnings
1947—3 Mos.—1946
$3,318,310
taxes
$2.49
write-off
thereto) was offset by
contingencies.—V. 166, p. 1887.
for
reserve
profit
Earnings
taxes
'
deducting $350,009
attributable
taxes__
income
profits
Net
*
Fed.
after
deducting
Period End. Sept. 30—
bef.
WBT
Federal
Commercial Solvents Corp.
Provision
best
to
pounds
consignees throughout the Valley States area and to
Many of the shipments across the Gulf were flown
and
Cuban
amounted
Mr,
to
279,017
Communications Commission
uutnorizatior.
(after
Estimated
as
Cuba.
to
the
and
Southern Air Lines, Inc.—Air
Cargo Ton¬
Aoril
October
617,594-
$6,512,532
television
Electric
1887.
New High—
nage at
7 855 044-
344,934
operations
reduction
—V.
Chicago &
$6,233,515
taxes
disposal
To Vote
the
by K.
Co.—60-Cent Dividend—
Nov.
19 818 413
26,797'796
$5,945,860
taxes
share
per
the
Federal
color
1946,
New President of
18,248,499
32,084,780
9,654,557/
614,673
$7,958,084
211,163
deductions
gain
income
$184,807
the
Dr666,215
25,953,106
Total
now
.compares
919,314
taxes
excess
territory
be
39 Wks. Ended
Sept. 28,'46 Sept. 29,'43
2,285,000
misc.
contingency provision
22,421,875
shares)
surplus
99,431,677
2,758,922
cease
go
Central
19,891,439
36,576,869
11,568,325
amort
Feaeral
income
Earnings
20,912,177
22,421,875
share)
a
Capital surplus
Earned
838,170
expenses
(estimated)—
(266,486
$
130,091,809
$74,556,873 $66,836,024 $63 046 931
$5,600,926
\
The directors
etc
of goods sold
admin,
expenses
depre.
income
Net
77,980,206
1,132,296
4,060,025
income
$
Oct. 4,'47
profit
income,
Net
3,583,290
reserves
Capital stock
equivalent
1947—10 Mos.—1946
$
9,847,910
cost
and
for
Income
i
79,790,683
insurance, taxes, and other
on
an
1476.
p.
of
records,
and
gen.
Gross
85,335,615
subsidiaries
taxes
Operating
166,
ended
& agency
comm., record
allowances and discounts
exps.
cess
and
maintain
1576.
lines,
disct.
106,310,174
92,113,169
assets
thereto.
interest
of
which
weeks
p.
From
454,131,644 390,495,357
Federal
;
such
shall
five
Selling,
&
thereof
2,458,422
with
Co..
Development Co., Ltd,—Production—
166,
Comb,
reserves"
equip,
payable
Bottling
Chairman
12,413,063
Profit
.Accrued
Coca-Cola
consolidation of 15 companies
drink in the Middle West.
Columbia Broadcasting System, Inc.
(& Subs.)—Earns.
32,260,000
charges
Accounts
an
amended.
secure
or
unpaid
has
York,
Salle
a
soft
company,
new
Extraordinary
1
Accounts
•
deposit, holders
their bonds, with Jan. 1, 1945 and
.-subsequent maturing interest coupons attached, to The Chase National
Bank of the City of New
York, 11 Broad Street, New York 15, N. Y.—
"V. 166, p. 363.
.on
sale
purchase
other
&
to
expan¬
Colonial Stores, Inc.—Current Sales
Increased 26%—
$
from
Total
16, 1944 shall expire.
holders of said bonds will
to
claim
as
the
SHEET
will
Deferred
1784.
Dec.
the
1950, or their rights to
Ogden Corp., its successors
free
resulting
reservesi
and
plant
used
its
107,171,764
shipments
car
(less
Investments
when
the
rights of
bonds, 5 »/2 % series due
principal amount of said
17,
funds
p.
La
as
the
was
55,287,679
taxes
for
for
receivable
Property,
Light Corp.—Plan Approved
the
pay
166,
BALANCE
cost)
Investm's in wholly owned foreign
and
materials to
raw
New
Period End. Oct. 25—
subsidiaries
8,043,996
against
Inventories
operation
profit-wise."—V.
year
approving the plan,
provision for the time
interest
all
and
such
order
than
the
Federal
CONSOLIDATED
(at
Bonds
be
in
company
made
was
company,
Federal
years'
deposit
on
the
166, p. 1048.
operates
petroleum concessions
in
Western
Lake Maracaibo, announces
that its production
Nov.
3, 1947 amounted to 429,468
barrels,
compared with 360,116 barrels in the four
weeks ended Sept. 29, 194-7
and 349,537 barrels in the
four
weeks ended
Sept. 1, 1947—V
16G
p
1476.
*
'
for
LIABILITIES—
&
for
to
amended,
determine
In
makes
mortgage
prior to Dec.
entitled
an
1947
sufficient
as
required
iunds
hoists
continuing
satisfactory
Court
28,
together with
The
•.and
very
amendment
1953,
ibe
a
States Power
dated
[holders
and
to
accumulate
This
13,980,623
1940.
Accounts receiv. from wholly
his¬
Further, costs have been reduced through in¬
by
installation
of
plant
improvements, all of
and
to
Central
The
bodies
points
to
prior
by
adequate
Venezuela, southwest
Sept. 30, '47 Dec. 31, '46
Savings
Drafts
operation.
point
opinion
both
hand
on
been
S.
cash
In
individual
a
new
corporation,
formation on Nov. 7
stockholders
in
Provision
carry-backs
U.
June
Sept. 2.
discussing the company's outlook, Mr. Stiefel said:
company is doing the greatest volume of business in its
tory; not only dollar value-wise, but we have been
shipping
incurred
for other purposes.—V.
Brownlee,
more
talent,
(incl. in 1947
of
1680.
p.
would
indebtedness
-■
will
"This
of
returns,
$
quarterly ,cash
3 and
.
838,782
47,873.089
securities
166,
Co.—Arranges Financ'jsf
has
40 Wks. End.
145,607,338
Refunds
program.—V.
Gross income from sale of
facilities,
Cash
1947,
they
construction
and
President, 'said the
"to eliminate
duplicate operating expenses*
development of the territories served
by the.
corporations and safeguard further the
potential earnings
operating efficiency of the affiliated
units."
and
to
in
Co.—Registers
a
constituent
14,400,000
deprec.
consolidated
mortgage bends
$61,172, at prices not
Illuminating
filed
$
ASSETS—
cents
26,
Dec.
declared,
are
for
Sales
ace't-
sale
trust
of
applied to the California P. U.
Commission for'
$900,000 first mortgage 3%
bonds, due 1980, to
Insurance Co. of New York.
Proceeds
its
M.
—V.
COMPARATIVE
opera¬
50
W.
38,609,858
exp.
anct
sum
2543.
for
of
..pecial
Marketable
a
paid
increased
—
431,755,221
37,186,779
165, p.
bottling and merchandising the
Colon
514,698,390
ment
of the
company has considered a change in dividend payment
because the present schedule does not permit the board sufficient
time to review the annual report before
determining proper dividend
action.
He
pointed out that the substantial volume of business this
Ry.
Louis
se.l
Life
s
665,525,555
12
collateral
the
9,800,000
principal activity
were
manage¬
used
unsecured
announced
now
exc.
carried
manufacture
up
Coca-Cola Co.—15 Units
Consolidated—
1940
562,467,321
surplus
amort,
the
the
stockholders
$
COO,204,314
34,700,000
inc.
prov.
com¬
1679.
Co.—Changes Div. Date—
notified
be
t°
Officers
prior
&-
reserve
earned
com-
cargo
trustee, 70 Broadway, New1947, receive bids for the
20,
first
exhaust
Electric
Nov.
on
prog-ram and
interest
exc.
of
prof,
dates
view
etire
Time
"Net
"After
new
p.
1941
to
interest.—V.
Subsidiaries)
852,038,004
stock¬
of
166,
S.
Nov.
on
Division
(O.)
company
Mutual
serv.,
taxes
restored
bonds.
one-tenth
and
held.—V.
Central Ohio Steel Products
In
The
$5,000,000 was
equipment. After
P,
share
will
authority
STATEMENT
1946
taxes
the
one-half
of
U.
St.
&
Co.,
Coast Counties Gas & Electric
special
income
the
of
airborne
the
of
51,340,836
inc.
of
of
registration statement with thecovering $20,000,000 35-year first
mortgage bonds.
The names
underwriters
will
be
determined
by
competitive
bidding.
oi
DeSoto
5,000,000
reconversion
series
names
and
Trust
SEC—
Proceeds
months
1,009,614
_i
recovery
Portion
pounds
Chicago
&
buildings &
Federal
ago.
1680.
noon
Louis
sufficient
105
Former
INCOME
owned
541,974
—
cover
of
the coming Christmas rush
high, and might push C&S
pounds flown since inaugural
new
1,519,326
p.
Bank
until
St.
amount
With
of
subs,
sell.,
years'
with
bonds,
The
will
of
exceed
operation
Dodge,
Plymouth,
appropriation
1947
int. exp
deprec.
1351.
statement
mortgage
common.
An
wholly
income
forgn.
to
that
a
months
166,
Cincinnati,
Cleveland
def-
registered their qpposition
reorganization plan at a hear¬
CONSOLIDATED
all
sales—
&
to
number of
carried
Hanover
Y.,
it
an
to
have
Igoe
989,400,342
eng.,
Approp.
Est.
competitive bidding for the
6%
preferred and common
to
share
share
pan
N.
to
to
is
vehicles.
NOTE—Comparisons
will
sale
final action
no
to
990,951,929
Admin.,
Co.—Hearing—
general
($10
the
on
preferred
each
tion
York,
neces¬
l
Sept. 30—
equipment
registration
a
and
offered
subscription
for
/year
The- Central
oT^,lie combany
SEC
Judge
and
consolidated
Cost
627.103
($162,900 in 1947).—V. 166, p. 1579.
filed
first
determined
mon
L.
Cleveland,
Rock
incorporated in the State.
C. K.
General of Texas, presented his argu¬
opposition was presented in the form
$989,400,342.
miscell.
from
in
Tenders—
to
as
the
1887.
Total
$5,576,406
shares
shares
smon
G.
railroad
sales
Int.
Co.—Registers With SEC—
10
$4,000,000
and
mndcrwriters
the
$
Net
1946
subsidiary of Middle West Corp.—V.
a
Central Maine Power
1977,
such
are
reconsider
Louisiana's
166, p.
profits
due
its
express
Louisiana
Attorney
(Including
The company's application to sell $10,000,000 of first
mortgage bonds,
due 1977, at competitive bidding will be heard
by the SEC Nov 24.
SEC
to
insure
$200,000
1947
Central Illinois Public Service
The
debtor"
was
9 Mos. End.
figures
fifteen
had
1947.—V.
consolidation
not
Sept. 30—
29,
confident
was
com¬
special depreciation of buildings and
appropriation, net profit carried to earned surplus for
$47,873,089.
This is 4.84% of sales, and is comparable
(with an average net
profit of. 5.48% earned during the five prewar
years, 1937-1941.
Divs.
cAfter charges and Federal taxes
<
the
cover
Investment
250,631J
Company is
of
the Rock Island
corporation
period
the
mark
ice
sen
company
Oct.
he
million
tho
prices tendered.
'
,
and
were
to
two
making. this
up
$4,723,688
per
to
and asks
and
the
while
were
submit
Y.,
bankers
lowest
profit
Earnings
Texas
COMPARATIVE
N.
York,
Manopla
to
the
at
invited
are
Street,
sales
Net
by
1947
made
12 to holders of record Nov.
Carpenter Steel Co.—Earnings—
3 Months Ended
/'Net
are,"
now
Assistant
court
1947
earljf th's yeat.
of 163,486 pounds In
December, 1946
to
pounds the following month.
"But for
high
a
48,215
December's
the
The
sion
1148.
p.
correspondence between
petition without asking the Commission
of its present position."
State.—V.
Caribbean Sugar Co.—Tenders of Stock
Sought—
to
recent
Commission
unless
telegrams
that
of
for
warrants.
50 cents per share paid on March 21, June 12
this year, and brings total payments in 1947 to $2.50 per
as compared with $2.25 in 1946.—V. 166, p. 755.
tenders
to
3
freight business
we've
said
swell
tion
Court
application
plan.
the
States of
ment
10,
Holders
.
Supreme
Chrysler Corp.--Quarterly Report—
the outstanding capital
25. This compares with
share,
S.
an
and Chrysler passenger cars and
Dodge trucks for the first nine months
12,
and Sept.
this
Richards,
Increased—
Nov.
U.
is
views,
on
Sales
Campbell, Wyant & Cannon Foundry Co.
On
the
denying
ing before Federal Judge Michael L. Igoe.
The objection is based,
on
state laws forbidding
in
Keller
the
to
condition
the
the consummation of
1679.
p.
with
order
of
air
operations."
cargo
Mr.
Oppose Consummation—
Sherrerd, Philadelphia, has agreed to
capital stock offered to stockholders
for
of
states,
statement
The
to
total
of
UNDERWRITER-Butcher
as
petition
a
from
low
months,
in
topped
our
best
1946
performance by am
of nearly 30,000 pounds per month, despite a
greatly reduced
freight staff and the lack of any flying
equipment reserved for
would
for changes in
nite
company, and presently is engaged in the following classes of insurance
business:
(1)
fire
and
allied
lines;
(2i
motor
vehicle;
(31
inland
marine;
(4i
av'ation;
(5>
ocean
marine and" (6)
reinsurance.
purchase
air
Ry.—Asks Rehearing
the Commission's opinion,
in
reorganization
action
independent
an
filed
affects
it
as
mission's
time,
companies
respect
Pacific
&
the plan to meet changed economic conditions, the
apparently due to a reluctance to interfere with
court processes.
The petition says a procedural question "should not
stand in the way of tnis court's ascertaining
exactly wnat tne Com¬
$1,800,000
insurance
has
desirable,
petition
account.
among
two
decline
average
The Commission was asked to give its definitive
question as to whether the "material changes in the
Reluctance
par
name
$200,000,
since
$2,000,000.
written
premiums
Association
from
nave
$1,500,000
surplus
ranks
respect
of
net
admitted
assets.
issued
was
1881,
capital stock was sold for cash from time
$1,100,000 in excess of its par value, which
produced
In
increased
its
from
additional
there
3,
past
rapid
a
ICC.
the
on
it
Island
title.
was
in
1925
which
Feb.
On
present
capital
in
of
stock.
increases
being
par value of
to time
and
The
its
its
additional
result
a
capital
all-time
an
Reorganization Review—
on
the
situation
Act
Wiums
of
Rock Island
rehearing of its recent
the reorganization.
and
make
value
notification
common,
petition makes reference
pany
a
in
special
par)
company
The
Legislature approved on March 1, 1870, the Asso¬
ciation was changed from a mutual to a stock company, each
policy¬
holder becoming a stockholder in proportion to the amount of
pie-
New
($1
(1991)
responsible for
Totals skidded
over
paid at the rate of $1 per share annually by regular semi-annual
payments
of
50
cents
each
in
May
and
November.
Tne
shares
offered did not participate in the dividend
payable Nov. 1, 1947.
HISTORY
Co.—Filing With SEC—
letter of
a
Chicago
The
since
CHRONICLE
the
of
been
year
FINANCIAL
100%
capital stock are either
the underwriter.
by
capital stock
1874.
dent
'"Outstanding
500,000 shs.
entire
stockholders
by
3
25,600 shares
FINANCING
Authorized
Capital
Nov.
&
was filed with the SEC
covering
being offered by D. L. Wallace, Presi¬
company.
The
stock will be so'ld at market through
Dempsey-Tegeler and Co., Los Angeles.—V. 164, p. 553.
■
CAPITALIZATION
COMMERCIAL
„
.
subscriptions and advertisements must be made In New York funds.
a
I
J
1
'H
_
!
ill#*
1
■
B9f
4
The
166,
company
construction
additional
the
1887.
p.
filed
CHRONICLE
end
Nov.
on
7
which
program
generating,
of
166,
Federal's
Southern
a
involves
transmission
1949—V.
Monday, November 17, 1947
of
Co.—Registers With SEC—
registration statement with the SEC
covering $10,000,000 first mortgage coll. trust bonds, due 1977.
The
names
of
the
underwriters
will be
determined
through competitive
bidd.ng.
Proceeds would be used in connection with the company's
that System output of electricity
(electricity generated and purchased) for the week ended Nov. 9, 1947,
amounted to 223,800,000 kwh.,
compared with 203,000,000 kwh. for
the cox're::ponding week of 1946, an increase of 10.2%
Local distribu¬
tion of electricity amounted to 204,400,000 kwh., compared with 189,900,000 kwh, for the corresponding week of last year, an increase
7.6%.—V.
FINANCIAL
&
Delaware Power & Light
Consolidated Edison Co. of New York, Inc.—Output—
The company on Nov. 12 announced
Of
COMMERCIAL
THE
(1992)
outlay
an
of
of
to
$30,000,000
facilities up
over
distribution
and
If,
the
pressed
tributed
held
.078
and
of
belief
that
share
a
0.65 of
interveners'
shares
of
Southern
Natural
Gas
and
share of Scranton-Spring Brook.
a
claims
not
are
of
limited,
the
Scranton-Spring
Firemen's Insurance Co.,
company
Brook
.immediately
might be reduced from 0.65
for each share of Federal held.—V.
165, p. 2413.
1888.
p.
stock
Production
however,
to
to
0.5
ex¬
be
of
dis¬
share
a
Newark—Registers With SEC
The
Dictaphone Corp.—Declares $1.25 Dividend—
Consolidated Vultee Aircraft Corp.—New Models—
William
Klenke,
H.
Sales Manager of the Stinson Divi¬
General
Jr.,
for
gross
22%
of 554
longer range
In
Stinson
and
Stinson
the
''Basically, the
types that were
-planes," Klenke
The
is
The
have
speed
cruising
a
of
m.p.h.
130
83%
at
of
The
Oct.
special charge of $137,500 for provision for increased cost
*After
plant
replacing
B.
B.
of
orders
board
the
9 Mos. End. Sept.
further an¬
compared
10
Nov.
on
$20,107,000
were
Nov.
on
With¬
Statement
April 30, last, with the SEC and
stock
(par $1) was withdrawn
filed
statement
shares of
166, p. 1785.
34,963
Prov.
1,
for
Outside
The
for
Nov.
on
company
shares
1,000
without
($5
capital.—V.
1G4,
fled
5
SEC—
1944
$3,973,798
2,264,662
1945
$3,623,669
I
1,756,009
450,941
582 755
603.976
letter
a
qf' notification with the SEC
offered at $30 a share
for additional working
Proceeds
48,000
to holders of record
16,120
be
mailed
which
of
the
1,687,930
$1,240,808
$1,122,845
$1,197,564
$1,447,210
340,019
443,078
465,413
666,896
$1,580,827
$1,565,924
$1,662,977
$2,114,106
$0.81
$0.80
$0.85
Crosley Motors, Inc.—To Expand Plant Capacity—
To
..
consistently increasing consumer demand, this corporation
is beginning 'immediately an expansion program to increase its Cin¬
cinnati, Ohio, engine plant facilities by 21%, and its final assembly
Sept.
V.
initial
facturing
The
focilities
to
Cincinnati
166,
At
about
plant
is
128,000
Earnings
—V.
166,
166,
120
cars
day
a
June
1,
15
of
cents
7'/2
stock,
and
to
1946,
each
cents
share
per
payable
Dec.
1
including
directors
Dec.
stock,
usual
15
to
160
day,
a
he
stock,
common
similar
extra
The
1947
1946
added.
$1.50
M.
The
Crown Drug Co.—October Sales Lower—
223,743
223,743
$0.79
declared
payable
of
Dec.
10
made
was
dividend
extra
an
dividend
quarterly
1947—Month—1946
on
of
holders
to
$1,263,094
$1,222,777
—V.
166,
Curtis Publishing Co.
each
operating revenue
Earnings before Fed. and State taxes
for
State
income
record
of
Nov.
10,
income
1,657,950
153,822
New
198,615
tax
issue
$2,997,265
taxes
first
ready
now
4,809,037
at
the
the
1947
year
to
York,
—V.
earnmgs
announced
12.—V.
Nov.
on
166,
1786.
p.
3'/4%
bonds,
due
series
1961,
in exchange for temporary bonds of that
Farmers Trust Co., trustee, 22 William St.,
165, p. 2925.
1947—Month—1946
Sales
$6,382,136
166,
1947,
at
which
class
$20 50
they
has been
should
A
shares of
stock
such
share.
per
received
are
absorbed.
surrender
the
to
Tenders
until
Stockholders
srch
authorized
the
shares
amount
of
Period End. Sept. 30—
1947—10 Mos.—1946
$5,541,941 $57,138,380 $53,053,147
all
New
York
Net
CI.
Stock
Exchange
attention
directs
to
the
fact
after
that
&
'■Loss.
10-4-47
$199,164
$463,793
•—V.
interest,
166,
a
$12.08
$28.12
$43.24
10605,000
loss
$211,113
$922,503
$245,374
405,000
405,000
405,000
405,000
$0.46
$2.10
$0.43
depreciation.
Federal
taxes,
and
all
other
for
The
charges.
the
Subs.)—Earnings—
6 Months Ended Sept. 30—
Net
figures
do
Provision
from
for
1945
$10,796,881
profit
the
three
$9,415,840
927,131
1,112,346
425,511
months
have
and
income
taxes
355,299
income
Common
Earned
per
"After
1946,
$686,835
$51,463
242,400
202,000
share
$2.36
charging
$19,632:
$50,000.—V.
for
1945,
166,
depreciation
and
$2.83
amortization:
flncludes
$20,220.
Corp.,
operation
of
which
Edison-
of
the
company
Sept.
of
1947,
30,
of
$82,987
$108,775.
by
products, including
166,
plan
a
operations
created
and
sale
automotive
of
magnetos
spark
with
division
plugs
which
will
other
and
the Edison
that of
auto¬
lead-acid
1049.
p.
L.
Pureed,
has
been
formerly
appointed
fall
to
highest
Auto
(Canada),
sales
in
166,
week
corporation
16.5%
or
ended
amounted
over
Nov.
Controller
Controller
to
6
The
directors have
common
and
declared
voting
a
dividend
of
20
cents per share on
the
stocks, payable Dec. 10 to holders
of record Nov. 17.
This payment brings the total distribution for the
year to $1 per share, four quarterly payments of 20 cents each having
already been made. In 1946, only one payment—60 cents per share—
was
In
made
on
April
announcing
consolidated
s°les
common
authorized
Ekco
of
Products
the System
63,230,000 kwh.,
an
1888.
been
history
to
sales
the
consolidate
due
of
Transportation Corp.
American
the year-end
for
the
dividend, company officials stated that
1947
will
reach an all-time
satisfactory earnings are
indicated despite constantly increasing operating costs.—V. 166, p. 1048.
high
of
approximately
year
$26,000,000
and
probably
that
to
the
SEC
Nov.
7
common
of
Shares
sold
and
The
are
shares
of
Southern
of
these
the
companies
proceeds
company
sustained
Southern
Production
by
used
Natural
Co.,
not
Gas
Co.
Gamble
that
and
to
the
courts,
stockholders
will
1946.
Preferred
—
banking group headed by Kuhn, Loeb & Co. on Nov. 6
150,00 shares of $4.25 preferred stock, series A
(cumulative no par).
The stock was priced to the public
at $98 per share plus accrued dividends.
Further details
follow:
LISTING—Corporation
series
A
agreed
has
preferred stock
the New
on
Equipment
EFFECT
GIVING
PRESENT
TO
FINANCING
Serial
notes
Serial
stock
Gen.
of
(cumul.)
$100
(no
2,340,000
American
pari,
stated
250,000 shs.
share
per
stock,
series
(par $5)
stock
1,166,000
2,600,000
(2%)
Co.
pfd.
*Of
3,498,000
(2%)
notes
Outstanding
$21,671,000
*$40,950,000
certificates
trust
the
list
to make application to
York Stock Exchange.
A
1,500,000 shs.
150,000 shs.
1,077,392 shs.
an addi¬
or about Dec. 1, 1947,
the annual maturities lor each of
the
years
1948
to 1952, inclusive, and $3,761,250 beyond 1952.
No
other equipment
trust certificates of any of the above series may
the
tional
authorized
$5,036,250 of
amount
series 42
of
certificates,
equipment trust
be issued on
will
resulting in increases of $255,000 in
be
issued.
trust
interest
total
the
requirements
and
certificate
at
annual
serial
rate
of
part
to
since
on
the $25,177,000 of equipment
outstanding as of Sept. 30, 1947,
(approximately $14,258,850)
will be used in
which corporation has borrowed from banks
$5,700,000
repay
Dec.
notes
$572,125.
31,
3946, for working capital purposes.
The balance will
be initially added to working capital.
Unexpended appropriations for
the construction of rolling stock amount to approximately $15,250,000,
of
which
approximately
$13,650,000
will
be
financed
from
funds
under
balance
the
the
of
corporation's equipment trusts, series 41 and 42,
approximately $1,600,000 will be financed from
no
additional
or
While
rolling stock
appropriations have as yet been made for
plant improvements and extensions, it
for
is
presently anticipated .that such appropriations will be made. It is
impossible at this time to estimate the amount of such appropriations,
but
such
and
hence
series
A
appropriations may be provided for out of working capital
indirectly out of part of the proceeds from the sale of the
preferred stock, or, in respect of rolling stock, may be
in part by equipment trust obligations.
OF
EARNINGS
6 Mos. End.
June 30, '47
Total gross
Cost
Years Ended Dec. 31
1946
1945
of
$26,054,198 $29,522,299 $38,564,361 $44,345,896
20,349,604
36,379,838
39,514,045
44,408,241
income
products sold
Operating
Other
1944
income—
$46,403,802 $65,902,137 $78,078,406 $88,754,137
&
:
•
>
40,775,721
61,860,144
72,387,402
$5,628,081
$4,041,993
$5,691,004 $11,120,015
502,564
2,255,253
$6,130,645
profit
income
____
$6,297,246
__
765,022
common
Total income
1,279,558
77,6^4,122
498,820
Other
deductions
Federal
$6,970,562 $11,618,835
276,013
622,015
608,539
695,252
2,243,810
2,076,361
3,416,139
8,218,363
$3,510,822
$3,598,870
$2,945,884
$2,705,220
taxes
Inc.
distributed
Stores,
Limited
1,
a
stockholders
to pav Federal's liabilities.
if cjaims of interveners are
stated
seasonal
offered
expenses
liquidation plan
calling for distribution of the bulk of corporation's holdings of 794,054
common
shares of Scranton-Spring Brook Water Service
Co., 765,022
shares
l.
submitted
promise
sales
delayed
1682.
p.
Services
increase of 8,958,000 kwh.,
over
has
weather
(California)
Stores and
MacLeod's
as Gamble-Skogmo,
Inc. Nov.
166,
input of subsidiaries of this
16.66%
unified
were
Detrola
Co.—V.
the corresponding week last year.—V. 166, p.
corporation
for
20,953
1946
increased
1947
November-December
company's
SUMMARY
International
of
Federal Water & Gas Corp.—Liquidation Plan—
The
the
498,862
to
exchange
in
Dennison Manufacturing Co.—Year-End Dividend—
"A"
as
Stock Offered—As mentioned in our issue of Nov. 10 a
Gross
the
the
change
to
$1,
par
issued
"Unseasonable
date.
to
the
Supply
which
of
said,
President,
holiday buying."
figures
for
1946
financed
Electric Power & Light Corp.—Weekly Input—
For
house
well
stock and
17,380 shares of S3
which are outstanding.—V. 166,
ot
months
ten
Manufacturing
of
and
as
1946.
for
available
whereby it will take over
of its subsidiary, EdisonThese operations, combined with others,
newly
manufacture
be
eliminate
to
none
proposal
a
shares,
249,431
preferred
working capital.
1477.
p.
$1^964;
income
1383.
p.
the
$0.21
1947,
extraordinary
period
Ekco Products Co.—New Controller—
6,416
242,300
outstand.ng
the
literature
engineering
1947
first
and
approved
owned.
conducted
storage batteries.—V.
$571,832
shares
ended
tax credit
selling
a
be
combine
$3,288,755
t57,879
operations
Federal
reflect
subsidiary
Subsidiary—
stockholders
Robert
Net
not
unconsolidated
an
manufacturing
motive
1946
1947
sales
"Net
,
sales
approved
voted
stock,
PURPOSE—Proceeds
above
will
(&
also
credit.
Splitdorf Corp., 90.4%
Davega Stores Corp.
the
Skogmo,
the
The
estimated carry-back
an
12
from
Sales
&
carry-back
Corp.,
$2.50
payable
1727.
p.
October—
of
W.
were
ITax
To Merger
1253.
p.
net
after
pfd.
stock
!:'After
*359,626
681,154
$713,514
$7.85
$7
1,603,657
90.4%, which had a net loss for the first nine months of 1947
of $130,608 after an estimated tax
carry-back credit of $198,775, and
10-4-46
10-5-46
$129,442
per sh. on
*76,887
10288,000
outstdg.
class A
NOTE—The
—40 Weeks Ended—■
10-4-47
Earn,
1947—9 Mos.—1946
$4,650,092 $19,892,427 $13,494,075
owns
—12 Weeks Ended—
stock
preferred
for
Common
$263,489
shs.
the
on
company since January, 1940,
corporation's
public
relations
publicity,
of the new shares to
shares outstanding.
convertible
4%
value
115,680
per
the
included
165,
Nov.
on
two
193,668
$4.25
379,169
B shares
Cushman's Sons, Inc.—Earnings—
income
of
same
be
subsidiaries)
$0.59
B
Splitdorf
Period—
charges
profit
A
Earnings
Exchange contracts in the class A stock made for settlement after Dec.
2, 1947, will not afford purchasers the opportunity to take advantage
of the offer. Thus, on Dec.
1, 2 and 3, 1947, transactions made for
the purpose of tendering stock should be for "cash."—V. 166, p. 1888.
*Net
all
Income taxes
tenders.
The
$6,046,665
Profit
of tender
wholly-owned
1947—3 Mos.—1946
Sales
to Bank of
the Manhattan Company, New York, N. Y., before the close of business
on Dec.
3, 1947. The corporation reserves the right to reject any or
form
a
to
in
similar
A
$14,076,002 $13,964,688
Pfd.
$10,250,000
1.
of
15
5%
Gamble-Skogmo, Inc.—October Sales Higher—
Edison, Inc.—Earnings—
(Including
desiring to tender any of their shares
and/or
$5,
Aerocoach
(Thomas A.)
the right to tender up to
corporation on or before Dec. 3,
will be accepted in the order in
being offered
are
stock
share
per
Authorized
Curtiss-Wright Corp.—Right to Tender Stock—
Holders of
500,000
of
Fuller Co.—Split-Up and Change in Par
common
the
Month
1477.
p.
cents
Stores, Inc.—October Sales Up 15.1%—
Period End. Oct. 31—
—V.
dividend
last year.
30,
62'/a
advertising,
duties
previous
CAPITALIZATION
166, p. 1253.
dividend
payable Dec.
extra
Sales
delivery
Edison Bros.
Net
of
of
General
Bank
Y.—V.
N.
Dec.
on
Director
of
stockholders
—V.
a new plant at Clark,
Nev., equipped
to produce tailor-made grades of diatomaceous
mortgage sinking fund
for
City
quartely
$1,
par
holders of record Dec.
to
dividend
equipment.—V.
Western
Eastern New York Power Corp.—Definitive Bonds—
6,880,607
$6,145,102
147&.
to
fossilized
Definitive
are
on
2413.
p.
$6,175,844
regular
year-end
a
24
the
stock,
with the
unfavorable
remains of a microscopic plant deposited during
T. C. Carter, V:ce-President in charge of insulation
2,644,000
income
on
of
and
earth,
$4,037,991
Federal
for
the
diatomaceous
made
was
165,
par $15, has also been declared,
record Dec. 1.—V. 166, p. 1787.
charge
par
The
the
26. A
on
pre-historic times,
1947
1946
$93,507,828 $71,779,865
Gross
Reserve
earth,
(& Subs.)—Earnings—
Nine Months Ended Sept. 30—
Reserve
1947—10 Mos.—1946
$11,783,875 $12,010,953
1477.
p.
cash
1947—10 Mos.—1946
$707,063
appointed
His
shares,
share
per
share
per
last.
dividend for
Sept.
cents
15
cents
30
and
Sales
in
stock,
of
stockholders
P.
completed
processes
share
per
West, who has been
of
Sales
has
company
period during
expire at the close
$0.36
declarations
with the latest
and
1,
made
was
quarterly
in
authorized
Completes New Plant—
Period End. Oct. 31—
cents
common
payable Dec.
holders
been
design
79,980
224,643
bring total
share, compared with $1 paid in 1946.-
per
The
will
1946; none since.:—V.
declared
12
Dec.
preferred
to
division
$2,273,893
176,840
$1.12
both
oa
1945
$2,935,454
253,493
payment
current
will
Foster Wheeler Corp.—Director of Public Relations—
has
p.
taxes
have
25
27,
the
on
record
distribution
shares
regular
1947.
19,
election
1947—Month—1946
Nov.
on
share
per
of
The
1577.
directors
the
Dec.
fractional shares
No
1478.
p.
cents
stock
made.—
were
Eagle-Picher Co.—Extra Distribution of 15 Cents—
The
stock
payable
Food Fair Stores, Inc.—Year-End Extra in Stock—
The
the
1781.
p.
From
15.
distributions
share
p.
of
Dec.
on
their
$724,769
—V.
140
and
from
rate
166,
stock
common
1947.
distribution
stock
(George A.)
$4,140,646
per
common
Value Approved—
Corp.—Earnings—
after
10,
Sales
1253.
p.
of
common
Capital shares outstanding
production.
production
—V.
Nov.
of
sales
profits
enlarging
the
166,
dividend
a
shares
Fiscal Years Ended July 31—
Net
feet.
square
producing
now
declared
5
quarterly
Test
Net
Marion, Ind., the company will add 17,000 square feet of floor
to its present 180,000, and by installing longer assembly lines
its paint, body trim and press departments, will lift
space
and
into
stock.—V.
1681.
p.
Duro
engines a day, Mr.
Crosley declared, but expects to achieve a volume of 240 engines a
day with increased second shift operations after the new facilities are
brought
capital
outstanding
record
of
1947,
2,
Nov.
on
the
on
share of
a
stockholders,
1947.
Nov.
on
exercise
may
Period End. Oct. 31—
convertible
Ind., by 40%, it was announced on Nov. 12 by
Powel Crosley, Jr., Pi evident.
By taking over a Crosley-owned four-story building adjacent to its
present Ciuc nnati factory, the company will add 22,520 square feet
of floor space to its present facilities for production of the new fourcylinder "Cobra" engine, which powers Crosley Cars and trucks, it
was
stated.
The new addition
will bring Crosley's Cincinnati manu¬
Marion,
at
shares of
345,000
holders
to
meet
plant
the
19,
of
by
$1.09
income
directors
The
Nov.
stockholders
Dec.
on
common
The
on
to
stockholders
business
cumulative
Dumont Electric Corp.—Halves Dividend—
2406.
p.
as
issued and settlement with respect thereto wiT be made in cash
the basis of 50 cents per share for each one-fifth share .issuable.
Dividend notices and forms for election of cash or stock are
62,622
51,901
profit
1,946,668
capital
be
27,000
13,633
taxes_
expense
profit
-On
company's
749.036
76,000
1946
$4,060,096
1947
$4,191,280
-Earnings per share
capital stock to be
will be used
par)
underwriting.
Net
to
dividend
elected
1947,
organs.
Cowles Co., Inc., Cayuga, N. Y.—Files With
added
one-fifth
be
23,
held,
a
or
share
John
Operating
declared
12
cash
may
in
each
common
and
deprec
Non-operating
Nov.
for
holders
2,447,631
income
lor
be
Corp.—Larger Common Dividend—
on
share
per
will
(M. H.) Fishman Co., Inc.—October Sales 2.5% Higher
30—
oper.
explor.
Reserved
1,
cents
Proceeds
1682.
p.
common
Ltd.—Earnings—
production
Development,
166,
directors
50
An
28.—V.
Bullion
of
1947. Government-owned facilities and
other capital assets were purchased and paid for in the amount of
$834,390. Bank loans were liquidated and
working capital was in¬
creased $942,000 in the nine months' period."—V. 166, p. 1887.
Jan.
on
announced
11
publicly.
expected
general costs
Chairman
"unfilled
that
$14,007,000
Nov.
Detroit—Registration
Dome Mines,
facilities.
Williams,
nounced
with
offered
First York
of
10
1,664,880
$5.79
profit after charges and taxes
Earns, per com. sh. after prov. for divid. on prior pref. stk.
3
June
$1,500,000 15-year 4% sinking fund debentures
due Oct. 1, 1962, were offered Nov. 13 by Central Re¬
public Co. (Inc.) and A. C. Allyn & Co., Inc., at 100%
and accrued interest.—V. 166, p. 1681.
$20,171,000
"■Net
a
issue of
1947
-
follows: March 1,
year-end of $1.-
as
2,
Dodge Manufacturing Coijp.—Debentures Offered—An
Cooper-Bessemer Corp.—Sales and Earnings—
sales
Dec.
1453.
p.
registration
covering
is
RESULTS FOR NINE MONTHS ENDED SEPT. 30,
surplus.—V.
drawn—
utility
Stinson
be
to
pounds and will use Edo Model No. 2425 floats. For
the Stinsons are also available as ski-planes.
currently producing nine aircraft a day—five days a
week. Due to public demand, 90% of production will be Stinson Flying
Station
Wagons,
according to the announcement.—V.
166, p. 1887.
triple
paid
were
and
each;
on
Corp.,
of 2,500
weight
Net
165,
Divco
Flying Station Wagons and Stinson Voyagers are
float-equipped seaplanes. As such they will have a gross
as
cents
25
corporation
years.—V.
Stinson
new
available
4,
the acquisition of the
Dictaphone Co., Ltd., London, Eng., as a wholly owned subsidiary. The
latter company has served as distributor for Dictaphone products, in¬
cluding the telephone recorder in the British Isles for more than 40
5,GOO feet.
at
power
•'
aircraft
1948
dividends
common
Sept.
This
use."
'
will
and
The
priced at $5,889 f.a.f. (fly-away-factory)
Plying Station Wagon at $5,989 f.a.f.
1948 Flying Station Wagon and Voyager are the same
produced in 1947 when Stinson out-sold all other
explained. "Over 3,700 postwar Stinsons are now in
Voyager
three
Acquires English Subsidiary—
less.
The
1946,
and
high
Wagon
of $1.25 per share has been declared on the
payable Dec. 2 to holders of record Nov. 21.
In
preceding quarters, a distribution of 25 cents was
dividend
stock,
the
of
made.
weight of 2 400 pounds, an empty weight of 1,294; therefore,
useful load of 1,106 pounds.
The Stinson Flying Station
as a tux go landplane has a useful loa d of only three pounds
a
year-end
eacn
miles, the Stinson Voyager has
Built
a
the
A
.
common
Stinson Plying Station
useful load and lowest
today (Nov. 16) announces lor 1948 the
Wagon and Stinson Voyager, with the highest
list price of any four-place airplane.
sion,
company on Nov.
12 filed a registration
statement with the
covering 120,402 shares
($5
par)
common.
Underwriter, Blyth
& Co., Inc., New York.
Shares initially will be offered to stockholders
on
basis of two shares for each 31 shares held.
Unsubscribed shares
SEC
receive
for
may
limited
each
be
and
share
Net
profit
HISTORY
in.-
business
AND
for
BUSINESS1—Corporation
45
years;
The
and
successor
to
predecessors have been,
a
company
originally:
Volume
166
THE
Number 4647
COMMERCIAL
organized to operate
The
court
tion
but
dismissed
an
violations of
a small number of refrigerator cars, the corpora¬
now owns and
operates a fleet of over 54,000 freight cars and,
addition, owns manufacturing plants at East Chicago, Ind., Masury
and
Petroleum, Ohio, and Milwaukee, operates bulk liquid storage
terminals at the deepwater ports of New
Orleans, New York, Corpus
Christi and Houston and operates
freight car repair shops at strategic
points throughout the United States, The business of the corporation
and its subsidiaries is divided into service
functions and manufacturing
162,
corporation
and
owns
railroad freight cars
in
the
operates
the
private
largest
of
fleet
with district branch offices
and
repair plants located throughout the country.
The major part
of the fleet consists of cars built
by the corporation and the remainder
lias
been acquired
from various shippers
to whom the corporation
furnishes
The
27 %
under
cars
corporation's
of
the
total
than
more
100
commodities.
petroleum,
tation
of
different
Tank
cars
which comprises approximately
cars,
tank
in
cars
types,
United
designed
each
furnished
are
the
of
as
many
190
as
to
for
the
bulk
oh,
the
company,
government
A
such
have
increased numbers of specialized cars such as those lined
lead, nickel, aluminum and other protective materials
transportation of chemicals, explosives, acids and other cor¬
lading, cars for edible products and cars equipped with heater
with
rubber,
rosive
for
slow-flowing
easily-frozen
UNDERWRITERS—The
of
shares
to
be
names, of
purchased
by
The
for
and
the
Shares
12,000
Kebbon. McCormick & Co.__ 4,000
Co
C.
Allyn & Co., Inc
Bacon, Whipple & Co
Bear, Stearns & Co
A.
G.
Becker .&
Blair
&
Co.,
William
Blyth
Alex
4,000
W.
4,000
4,500
Inc
Peabody & Co
Kirkpatrick-Pettis Co.
Lee
C.
Higginson
2,000
&
Co._
2,500
Langley & Co
Lehman
Corp
4,000
Brothers
1,500
Laurence
Inc
5,000
2,000
Merrill
5,000
McDonald
Sons
Co.,
Brown
Kidder,
1,500
3,500
Inc
Blair
&
Co.
4,000
&
Central Republic Co.
(Inc.)_ 4,000
Marks
M.
Co.__
&
1,500
& Company
2,000
Lynch, Pierce, Fen-
&
ner
Beane
4,000
Clark, Dodge & Co
4,000
Maynard
Julien Collins & Co
1,500
Newhard, Cook & Co
The
First
Boston
Corp
5,000
R.
H.
Murch
W.
First
1,000
Pressprich
Reynolds & Co
5,000
E. H.
Goldman, Sachs & Co
Hallgarten & Co
5,000
Rotan,
4,000
Smith,
Barney
Harriman
5.000
Stroud
&
l,"50o
Spencer
of Michigan Corp
Glore, Forgan & Co
Hayden,
Ripley & Co., Inc.
Miller
&
Co
&
&
Co.__
1,000
Co
2,500
2,000
Rollins & Sons Inc
and
Mosle
&
7,500
2,000
Co
4,000
4,000
G.
4,000
White, Weld & Co
The
5,000
1,500
Dean
2,500
1,000
Wurts,
Johnston,
—V.
Company
Lemon
166,
&
Co
H.
Walker
Witter
&
&
Dulles
Co
2,000
Co
&
Co
1,000
1880.
p.
General Finance, Inc., Concordia, Kan.—Files With SEC
for
company
$100,000
be
used
Nov.
on
of
Underwriter,
5 %
to
J.
off
pay
filed
5
Long
of
notification
notes,
to be
Co., Abilene,
&
mortgage
letter
a
debenture
Robert
indebtedness
sold
with
the
face
at
amount.
Kansas.
and
for
General
Motors Corp.—October
Production
with
of
States
167,608
the
Of
passenger
and
SEC
in September.
vehicles produced
in
trucks.
the
47,381
has
GM
produced
States
and
184,688
was
Car
trucks
were
For
on
of
1,557,347
137,307
months
passenger
to date,
the United
year
in
Canada.
BY
GM
will
$5
be
Conversion
12 months.—V.
or
used
preferred
creation
mine
for
Period End. Oct. 31—
all
new
stock
of
assumption
or
time
record
Trucks
61,988
267,228
32.657
260,110
207.139
21,692
180,745
93,614
17,419
_
.
566,639
36,511
..
Buick
Cadillac
CMC
158,982
77,224
24,354
224,169
4,246
4,550
46,480
19,978
7,397
5,718
48,252
23,227
when
1946
the
684
&
194
4,524
1,721
109,909
Coach-
-
Trucks
6,308
_
4,248
49,619
23,094
2,789
_
Nov.
2,762
17,827
"14,253
-V.
184,688
166,
172,030
immediately
1,557,347
tne
record
in
the
turned out on
the
the 25,000,-
company
recent,
war
25,0u0,uuu
wnen
pany's plants had been converted to the manufacture of
ranging
10
Operating
from
vehicle
anti-tank
tires
month
a
to
guns
for
Graham-Paige
1946
1945
1944
$5,275,918
$1,307,942
The
corporation
17.79'/,
owns
its
of
also
tional
to date.—V.
rototiller
models.
be
farm
in
One
166,
$1,118,518
Misc.
$1,135,516
has
market
sold
since
of
the
will
be
and
be
have
production
offering,
will
be
used
to
pay
off
bank
Net
264,518
from
246,882
235,727
months
been
the
1946,
year
seven
higher,
prospectus
the
to
in
implements
rototiller
of this year
24,932
tax
—V.
166,
3,601
3,78,000
767,000
592,000
$610,802
$520,228
$132,789
of
which
addi¬
will
and
have
the
for
feet.
and
April of 1946.
the prospectus covering
to
capital
seven
the
figure
reveals.
of
months
of
the
will
about
par),
5,127,410
4%
interest
$0.80
$0.02
$0.12
1254.
General Public Utilities
1947
electric
output
this
for
the
week
ended
ihares
has
been
sold."
for
the
first
Sales
of
farm
implements,
of
the
sales
of
$8,263,610
for
the
first
$5,346,511 for dll of 1946. Export
sales
in
1946,
and
of
The
common.
debentures have
rose
company's
been
to
of
14%
outstanding
assumed
as
to
7,
146,747,696 kwh„ an increase of 16,679,373
kwh.,
the corresponding week of last
year.—V. 166, p. 1890.
over
or
all
the
company,
a
states.
prospectus
company
James
oil
1947—10 Mos.—1946
$3,579,662
$40,081,654
The
directors
the
on
$6
dividend
lieu
In
jstock
p.
series),
of
at
stock.
have
declared
cumulative
Nov.
($10
filed
4
pari
letter
a
common
of
be
to
notification
offered
at
with
the
par.
Dec.
1,
stockholders,
rate
of
at
44/1000 of
amounts
regular
quarterly dividend of $1.50
preferred
stock
(optional
stock
1947, to holders of record Nov. 19.
Chiles,
T.
and
gas
rnVflltiPQ
o'per.
Proceeds
will
be
used
Kansas.—V.
166,
p.
158.
Denver.
leases
in
for
were
their
option,
share
one
disbursed
in
for
may
each
preceding
receive
share
common
of
preferred
quarters.—V.
166,
Sept. 27,'47 Sept. 28/46
1683.
$16,410,460 $13,760,362
sold
13,101,862
$60,529,974 $56,767,521
10,665,744
48,807,336
754,654
42,964,269
761,551
4,019,725
3,771,207
$1,974,544
$7,948,259
32,801
39,118
139,860
$9,270,494
121,926
or
Georgia & Florida RR.
Period—
Operating Revenues—
10 Davs End. Oct. 31
Prov.
—Jen. 1 to Oct. 31
—V.
1946
1947
1946
$65,499
$2,115,295
$2,004,437
Net
1890.
EEC
of
company
Nov.
on
filed
7
a
registration
covering
$10,000,000 30-year first
the .underwriters will be determined
expected
that
the
time
for
presentation
and
11 a.m. (EST), Dec. 9.
Proceeds will be
pany's construction program.—V. 166, p. 1683.
opening
used
to
with
of
U. S. District Judge
man
of the
Judge
and
It
a
the
It
is
proposals
finance
company,
Welsh also
officers
other
was
alleged
^illegally and in,
suit
to
compel
Arthur
O.
on
com¬
in
Nov.
962,873
189,970
1,329,997
1,854,173
16,412,629
3,611,493
3,582,032
17,155,748
4.276.208
4,396,060
3.552.209
4,318,842
3,994.023
2,184,321
2,915,500
1,577,500
3,204,974
1,264,712
1947
directors
suit
violation
of
of
that
the
the
Mr.
company.
Rosenlund
Securities
(net)
445
charges
(net>__
Cr4,224
40,241
Cr52,393
85,378
Cr58,143
799,000
701,910
3,024,320
paid,
Annual
Exchange
Act
the
stock
of
1934.
be
$1,364,145
$4,982,644
$5,192,433
651,614
651,614
2,173,045
4,018,283
2,172.045
2,606,454
2,172.045
materials
$2.29
taxes
C—Income
1,003,647
1,100,049
1,397,711
1,403,342
2,416,523
1,940,262
before
taxes.
E—Net income.
charges
the
011
$6,000,000
15-year
27/a%
debentures
$172,500.
The
and
is
a
Delaware corporation,
successor
1943, to Heydcn Chemical Corp. (N. Y.).
31,
corporation and
sale
of
and
uses,
the
stock
of
of
The
and
$369,056
affiliated
sale
in
corporation
of
&
the
by
and
form
corporation
its
for
resale
in
In
heavy chemicals., and an invest¬
Corp.,
a
non-consolidated
plastics.
casein
subsidiaries
its
the
anti-biotics.
Plastics
produces
and
and
of
$3,57 7,854
in
the
Corp., which is engaged
Chemical
certain
American
which
company
Potash
by
engaged in the manufacture
for industrial and medicinal
pharmaceuticals
an
investment
has
American
are
chemicals
drugs,
corporation
production
ment
subsidiaries
organic
certain
the
common
its
synthetic
of
addition,
sell approximately
190 chem¬
drug sundries.
Items purchased
and
subsidiaries
first
nine
in
finished
months
of
semi-finished
or
1947
accounted
for
approximately 12% of consolidated net dollar sales.
The principal industries
consuming the corporation's products are
engaged
in
the manufacture of
synthetic resins, plastics, synthetic
adhesives,
paper
products,
dyestuffs,
textiles,
medicines,
pharma¬
ceuticals, paints, varnishes,
lacquers and other coating
compounds,
foods, confectionery and miscellaneous organic chemicals.
The cor¬
56%
estimates
of
sold
for
its
total
that
and
sundries
during
consolidated
industrial
ceutical
31%
uses,
miscellaneous
sold
the
to
drug
the
net
of
first
half
dollar
of
sales
and
uses
13%
1947
approximately
consisted
chemicals sold
sold
term
directly
contracts
to
as
to
of
of
A.
G.
however,
&
Co.
&
the
$850,000
Co.-
400,000
Co
Merrill
to
subsidiaries
orders
to
or
monthly
Riter
400,000
Hornblower
&
Co._
revi¬
Weeks
&
&
ties
400,000
&
$400,000
Beane
400,000
Co.___
50,000
Barney
&
Co._-
400,000
Corp
400,000
Union Securities
Wertheim
Co.
'
Stone & Weboter Securi¬
300,000
Kidder, Peabody & Co._
Ladenburg, Thalmann &
principal
follows:
Lynch, Pierce,
Smith,
50,000
the
and
as
Brothers
Fenner
Ripley & Co.,
Herrman
are
Lehman
400,000
Inc.
400,000
—V.
its
current
underwriters
purchased by each
Inc.
Dillon &
Forgan
Harriman
of
names
of debentures to be
Eastman,
Henry
to
subject
are
prices.
Becker
Glore,
cither
pursuant
which,
UNDERWRITERS—The
amount
chemicals
medicinal, pharma¬
pharmaceutical and drug
trade.
customers
most
of
for
Substantially all the products of the corporation and
are
&
Corp.—
400,000
Co
300,000
Kuhn, Loeb & Co
450,000
166, p. 1788.
NOTE-—For
mechanical reasons it is not always
to arrange companies
in exact alphabetical
However, they are always as near alphabetical
position as possible.
possible
order.
Holly Stores, Inc.—October Sales Increased 4.4%—r
Sales
■>
—V.
166,
1947—Month—1946
$861,212
....
1947—6 Mos.—1946
$824,585
$4,913,303
$4,180,036
105E
p.
;
T ;
'
Howell Electric Motors Co.—To Be Listed—
Detroit
shares
of
nounced
Stock
this
Exchange
company's
Nov.
on
10.—V.
directors
improvement
a
$1
has
approved
value
par
166, p.
At
the
the
listing
of
stock,
common
it
199,236
an¬
was
855.
properly
or
Moore,
counsel
and
The
Port
the
merger
of
New
in
the
company's
of
the
of
to
interest
than
its
bonds,
involving
condition
and
properties.
asking
appointment
Jersey,
has
two-part
been
of
a
Col.
program,
retained
Hugh
A.
disposal
of
announced.
investigate
and
recommend
properties,
both,
or
either
York Authority is reported to have shown interest
properties in connection with the fuller utilization
the
on
5%
it
and
acquired
operates.
now
diverted
company
adjustment
$6,000,000 which should have
said
of
New
non-operating
consolidation.
Airport, which
charged that: "the
suit
as
the
of
or
or
Newark
The
plan
financial
its
bondholders
Governor
board,
operating
lease,
sale,
of
of
trustee.
authorized
is
railroad's
by
junior
former
negotiator
Chairman
Moore
payable
by
and
disposal
charging mismanagement and diversion
as
interest was fi.ed in the New York
suit
operating
two-part
a
operating
possible
a
Court
an
Harry
Mr.
the
time,
Supreme
announced
12
company's
determine
same
moneys
as
Nov.
on
the
of
to
survey
various
bonds
distributed
securities
properly
moneys
income
been
including
pay¬
using
by
more
the holders
among
large
amounts
bonds."
own
moved to dismiss the complaint on the ground that
"it appears on the face of the complaint that the court has no juris¬
diction."—V. 166, p. 1890.
company
$0.63
Hussman
and
other
maintenance
and
operating
cost.—V.
1962, at 100 and int.
1, 1947; due Nov. 1, 1962.
Interest payable May 1 and
Entitled to a sinking fund, beginning Nov. 1, 1950, sufficient
1950,
with annual reductions in such price thereafter, and
for the sinking fund at 100, in
each case with accrued
Trustee, Chase National Bank, New York.
the
net
proceeds
(estimated,
$5,835,438),
$2,000,000
$6,347,477
$2,608,695 $11,813,832
after charges
309.938
per
com.
on
mated.—V.
1,185,250
t$0.49
$2.94
share.
common
166,
242,428
$0.76
taxes
"'■Based
1947—9 Mos.—1946
1947—3 Mos.—1946
$3,599,394
Net earns,
and
repairs,
labor,
166, p. 855.
Refrigerator Co.—Earnings—
Period End. Sept. 30—
Sales
♦Earn,
purchased,
Nov.
PURPOSE—Of
foreign taxes.
interest
operations.
j
j-
$612,324
772,903
BUSINESS—Corporation
$2.39
$0.59
2,172,045
50% of the debentures prior to maturity.
Redeemable at the
option of the corporation at any time in whole or in part by lot on 30
days' notice, otherwise than for the sinking fund, at 102 y2% prior to
1,
from
$146,186
taxes
to retire
Nov.
B—Profit
merger on March
Heydeu Chemical
Co.—Debentures
Offered—A.
G.
Becker & Co. and associates on Nov. 13 offered
$6,000,000
interest.
sales.
D—U. S. and
will
18,927,999
16,264,539
mos.)—
A—Net
4,202,880
$1,286,882
inc.
redeemable
acquired
(9
The
profit
1.
E
D
2,954,222
of
55,250
dividends
royalties
Nov.
12
Rosenlund, Chair¬
to return 17,500 shares of stock to the company.
a
petition for ouster of Mr. Rosenlund
the
Cash
$9,392,420
property retired
for Fed.
Dated
dismissed
and
$8,088,119
doubtful accts.
15-yr. 27/8% debentures, due Nov.
George A. Welsh at Philadelphia, Pa.,
stockholders'
$2,013,662
names
Germantown Fire Insurance Co.—Suit Dismissed—
dismissed
$3,126,568
contingencies
"'Including
statement
mortgage bonds.
The
by competitive bidding.
will be
income
Capital shares outstdg._
Earnings per snare
Georgia Power Co.—Registers With SEC—
The
dividends.
(est.) "
$52,950
revenues.
166, p.
and
—
1947
Operating
operating profit
sold
INCOME
2,333,644
able
Miscell.
NET
C
3,250,444
Kelly,
nnd
$2,093,767
on
B
1,108,802
2,540,582
A.
190,001
and
AND
.
A
5,212,409
receiver
930,072
Prov. for
exchange of stock of predecessor
SALES
9,548,606
14,212,220
of
(& Subs.)—Earnings—
190,054
Loss
NET
1939
develop¬
1,024,777
Total
None
$758,510
Years Ended
revenue^
goods
Interest
for
$877,666
The
SEC
Under¬
depreciation.-
Gross
reserved
Hudson & Manhattan RR.
To Investigate Possible
Disposal of Properties—Holders File Suit—
convertible
payable
cash,
the
Like
the
Cash—
or
90,000 shs.
60,000 shs.
$31,126,282
Sept. 27,*47 Sept. 28,'46
lpc
of
675,000
90,000 shs.
3,750,000 shs. *1,191,572.5 shs.
CONSOLIDATED
State
for
A
$4,614,012
$167,264,678 $161,247,384
1947—Month—1946
Hazel-Atlas Glass Co.
*Cost
series
—
on
shares
3,160
Prov
ISSUE
Outstanding
$6,000,000
1947—10 Mos—1946
Great Western Oil Co., Denver—Files With SEC—
cq
THIS
200,000 shs.
stock,
companies.
of
1578.
p.
caustic
Calendar
1683.
$4,899,496
other
TO
$6,000,000
150,000
pfd.
Period End. Oct. 31—
1947—Month—1946
Sales
166,
to
the
Grant Co.—October Sales Increased 1.85%—
p.
order
auto¬
event
in
Grayson-Robinson Stores, Inc.—October Sales Up—
of
1962__
stock
"■Including 4,690 shares
agree¬
However,
debentures
.
$20,425,687 $20,055,641
writer,
1,
(no par)
Common stock ($1 par)
$8,-
Sell., gen. and adm. exp.
General Shareholdings Corp.—Div. in Stock
due Nov.
($100 par)
cum.
pfd.
principal,
expenses by
Kaiser-Frazer under the
Graham-Paige _scld its automotive assets to the
contingent liability on these
Kaiser-Frazer.—y. 166, p:i 1787.
by
31,
for
the
incidental
which
166,
TVTpf
to
stock
3>/2%
Second
the
7.8%
Period—
Corp.—Weekly Output—
corporation
Nov.
amounted
12.8%,
of
Pfd.
The
for
in
the
manufacturing
company
July
for
months
of
convertible
and
by
mobile
ended
$11,513,576
income
Net
3 Mos. Ended
The
194365
debs.,
Mortgage note
the
company
ended July 31, 1947.
financing, capitalization of Graham-Paige
consist of 1,343 shares of 5% cumulative preferred stock A
72,299 shares of 5% convertible preferred stock ($25 par),
seven
($50
524,000
the
obtained
was
Co.
Authorized
sion
was
to
accounted
completion
Motors
Manhattan
CAPITALIZATION, GIVING EFFECT
15-year 27/8%
other
five
domestic
the
in
York,
two
approximately
working
1947 compared with
constituted
Upon
which
amount
the
organic chemicals.
poration
in
$200,389
$1.02
share
com.
p.
states,
sales
The
374.000
profit
per
and
producing
$204,288, but these earnings would have
prospectus, "had it not been for losses
indirectly from the automotive business of the
sales
ment
Net
Earnings
to
plant
inches,
of
the
prospectus
according
months
seven
230,384
in¬
inc.
Fed.
of¬
Kaiser-Frazer.
addition
rototiliers
according
add
Graham-Paige for
$12,306,185, exceeding
were
entire
of
capital.
icals, exclusive of pharmaceuticals
development of
eight
cut
began
of
to
Bank
chlorine,
and
loans.
sales
to
40,000
some
and
a
of
in
company's
small
a
reduced
will
and
$1,026,374
(net*
for
materials
war
1578.
p.
farm
stock
the
at
engineering
these
can
tractor-drawn
company
—V.
$1,170,042
58,622
deduc.
come
$1,026,374
$1,307,942
Amortization, etc.
Prov.
were
Offered—An
distributes
common
machine
the
of
that
cut
and
outstanding
prospectus, Graham-Paige,
engaged
variable
a
bank loan hi that
a
from
working
for
soda
in
Corp.—Stock
manufactures
the
to the
standard
Pa., is
3,178,076
16,998
income
tires
aircraft.
the year
Motors
Period End. Oct. 31—
$1,170,042
1946,
additional
Approximately $1,300,000 will be
expansion of the facilities at the Princeton p.iant for the
production of anti-biotics
(including streptomycin).
Such expansion
has recently been started and it is
expected that it will be completed
in the Spring of 1948.
The balance of the proceeds will be used for
additional working capital and may be used in
part to expand ..plant
facilities at Memphis, Tenn., for the manufacture of
used
$4,204,450
4,105,875
$4,824,462
3,705,944
income
Total
31,
fering of 233,320 shares of the common stock (par $1)
was made Nov. 13, after the close of the New York Stock
Exchange, by Allen & Co.
The stock was priced at $5%
per share, the closing price on the Exchange.
—V.
1947
profit
Dec.
Producing its 25-millionth tire of the current year in 10 months and
days, Goodyear has approximated a schedule of 2 V2 -million motor
Sales
4,646,201
Expenses
Other
manufacture
by Goodyear in the span of 12 months and 12 days
during 1945 and 1946, setting an outstanding example of postwar con¬
version to peacetime production. During the
war many of
the com¬
Period End. Oct. 31—
$5,954,143
revenues
debt.
400-millionth
following
(W. T.)
3 Mos. End. Sept. 30—
funded
837,387
General Outdoor Advertising Co.,
Inc.—Earnings—
Operating
vote
manufactured
1889.
p.
will
14
was
produced.
prior to establishment of the current record
accomplished when 25,000,000 tires were produced in a 12-month
period of 1928 and 1929. This accomplishment was almost equalled
Jefault
Total
165,
Outstanding production
ment
Canada—
Passenger
SEC
without
used to prepay
December,
provide
was
and
-
Coaches
of
17,844
27.063
_
Truck
Trucks
CM
1947—10 Mos. —1946
58,011
20,283
_
Fontiac
Oldsmobile
SEC
the
share
additional
of
production
vehicles, the
tires for motor
directly or
corporation,
which has
DIVISIONS
1947—Month —1946
1190.
p.
with
of
the
development.—V.
*
Chevrolet—Passenger
165,
of
Output Record Established—
a
resulting
PRODUCTION
for
war
made.
production line of its Plant No. 2 at Akron* Ohio, Nov. 11
000th tire made by its world wide factory organization since
Proceeds
the
in
compared
were
this
of
trucks
and
cars
the
pneumatic
1947,
October,
passenger
the
of
approving
The
Motors
October,
is
in
1941
holders
The
will
Construction—
in
aluminum
be
Debt—
capital.
working
General
units
ten
Proceeds
shares,
by
value"
Co.,
will
production
will be
1937
will
Proceeds
units
total
and
cars
and
cars
Canada
plant,
which
Cement
Goodyear Tire & Rubber Co., Akron, O.—To Increase
foreign
United
property.
Carolina Giant
used during the
Nov. 5 fiied a letter of notification
of stock to be sold at 50 cents a
on
shares
According
The
fair
the
5
(1993)
Year—
1,000
Co
&
S. C.,
Philbrick,
A.
by the WAA
$602,000 from
4,000
Moreland
Company Inc
Trask
Harleyville,
John
negotiated
3167.
2,000
Hemphill, Noyes & Co
Hornblower & Weeks
Illinois
company
Establishing
Shares
A.
the
from
number
No. of
at
$666,815,
was
subsidiary,
operate
550,000
p.
follows:
No. of
Kuhn, Loeb &
placed upon
New Tire
underwriters
as
plant
for
two bids, one of them for
they did not meet the "minimum
because
owned
underwriting.
commodities.
the
are
each
Rosenlund.—
Mr.
Golconda Mines, Inc., Denver, Colo.—Files With
the
coils
to
Ancor
price
sale
factory is expected take 11
its customers
for
wholly
The
oxide
required tank car transportation has grown substantially over
period of years and in consequence the corporation is furnishing to
*
with
Co.—Buys Gov't Plant—
the
alumina
different
acid,
collusion
Administration
southern
transpor¬
liquid and liquefiable products,
diverse items as gasoline, asphalt, tallow, cottonseed
alcohol,
molasses, turpentine, glue, paint, ink, smokeless
powder, pickles and wine. The number of products for which shippers
including
being in
rejected
agency
the
certain specific
shippers in the
for
leased
or
food, chemical and other industries
includes
States,
of
purchased
Assets
announced.
that
formed
tank
of
War
President,
contract.
fleet
number
as
"lacking in morality and ethics,"
ground the plaintiffs failed to show
Judge Welsh also absolved
14 officers
the
on
charges
has
company
the
after
CHRONICLE
methods
case
Giant Portland Cement
from
United States,
of
FINANCIAL
1513.
p.
The
operations.
The
the
his
the securities law.
directors
and
V.
criticized
&
stock
outstanding
as
of
Sept.
30,
547,290
$1.28
fEsti-
1947.
1579.
p.
Hydraulic Press Mfg. Co.—Tucker Chairman—
Walter
ceeding
G.
H.
board,
Dr.
Tucker
lowing
Paul
17
C.
Tucker
has
been
elected
Chairman
of
the
board,
suc¬
Toulmin Jr., who recently resigned as Chairman of
and
General
Manager.
This
action
returns
A.
the
President
to
the
years
as
responsibilities
he
carried
from
1933
to
1945,
folr
President.
Vice-President in charge of sales, will
assume active direction of operations as Executive Vice-President-and
General
Manager.
Warren R. Tucker, who has been
President of
the Commonwealth Engineering Co., has been elected to fill the new
Popcock,
formerly
post of Vice-President in charge of engineering research.
the election of a President was taken.—V. 166, p. 1890.
on
No
action
a
THE
(1994)
■
Period End.
revenues
Federal
45 842,747
expenses
Operating
Operating
1947—12 Mos—1946
$
$
39,372,331 166,820,532 153,418.973
33,802,952 147,833,753 127,305,351
1947—3 Mos.—1946
$
Sept. 30—
40,671.848
income
tOther taxes
*Cr918,000*tC)l,143,390*Cr2,176,200
3,660,261
15,754,904
14,628,065
172,610
texes__
4,063,737
;
The
for
company
875
will
offered
be
There
at
$47.50
dividend
stock
a
as
of
investment
and
share
a.
holders
to
of
and
consumer
will
Proceeds
agreements.
commercial and
in
The
164,
loans.—V.
Nov.
on
therewith.—V.
nection
166,
Net
934.552
53,333
Url54,242
P?'412,318
987,885
2,672,876
4,250,947
10,667,384
644,823
502,145
2,131,009
1,631,140
343,062
2,170,731
2,119,938
9,036,244
974,983
operating income
income
(net)
Other
4,663,265
2,437,485
4,387,461
10,156,187
,
Facific
below.—V.
RR.
166,
I11
income
Total
deductions
Interest
October,
income
income
ftate,
V.
__
631,926
266,754
2,267,523
1,119,943
$0.18
$1.34
$1.13
$5.56
provision
for
tax
refunds,
tIncludes Social Security,
and ether taxes, except amounts charged construction.—»
local
166,
__
_
share__
per
♦Reflects
;
_
_
deficit
Balance
Wet
_
___
_
1480.
p.
'
;.jp.
•
.
On
William
12
Nov.
plans
company
to
finance
cate
be
managed
will
Odell,
R.
public
a
months"
jointly
securities
The
Forgan &
of
program.
Glore,
by
disclosed that the
in the "next few
underwriting syndi¬
Co.; Harris, Hall &
Treasurer,
Jr.,
offering
expansion
its
(Inc.), and William Blair & Co. Although no decision has been
rqached as to the type or amount, the bankers and the company
were
reported planning a debenture issue, and $85,000,000 was ad¬
vanced
as
the
most
likely amount.
Company's expansion program,
involves
the
expenditures of $100,000,000
to $150,000,000.—V.
166,
Co.
an
invest¬
Minerals & Chemical Corp.—$12,000,000
Privately—The corporation, it was an¬
nounced Nov. 12 has arranged for a $12,000,000 17-year
3V4% loan from the Prudential Insurance Company of
Placed
Loan
will
v/iil be added to working
balance will be reserved for plant expansion.—V. 166,
expire
group
America.
No
shares
payments of principal are required until
of
as
Nov.
the
of
will
money
used
be
to
retire
$6,625,000 bank loan,
capital and the
p. 1891.
a
$2,000,000
Two-for-One Split—
on
stock.
outstanding
stock split of
to holders of
of common
This will increase the number
126,000.—V. 166, p. 1481.
1947.
19,
to
Inc.—October Sales Increased 11.1%—
31—
1947—Month—1946
1947—Mos.—1946
$4,569,216
$4,113,059 $41,315,888 $37,290,893
Lane Bryant,
Period End. Oct.
Part
Up 19.5%—
1947—10 Mos.—1946
$2,384,025 $2,097,764
1947—Month—1946
$285,907
$239,262
Nov. 12 approved a two-for-one
The additional shares will be issued
stockholders
common
record
1952.
approximately
Nov. 19.
on
1581.
p.
Stockholders Approve
The
the
$
112,696,486
12,751,037 116,496,191
(M. H.) Lamston, Inc.—October Sales
International
headed by Blyth & Co., Inc., is
underwriting an offering by the company to holders of
its common stock whereby the stockholders of record
INTov. 5 may subscribe to 214,451 additional shares of
common stock at $22 per share at the rate of one share
for each four shares held.
The subscription warrants
banking
166,
Period End. Oct. 31—
Stock Of¬
Indianapolis Power & Light Co.—Common
10
fered—As mentioned in our issue of Nov.
ment
—V.
as
Mos—1946
$
$
$
12,618,869
Sales
in operation,
166, -p. 1480.
1947—10
1947—Month—1946
Sales
1684.
p.
(S. II.)
period End. Oct. 31—
186,770,023
1% Lower-
Kress & Co.—October Sales
'
Net
•
Dividends
the company had 697 stores
in the same month last year.—V.
1947,
compared with 699
Co.—Proposed New Financing
International Harvester
$
$
21,776,801 198,929,121
23,417,608
-
1891.
p.
$
$
Sales
Missouri
Sales 7.5% Higher—
1947—10 Mos.—1946
1947—Month—1946
Payments
Northern RR.—Interest
International-Great
Dr2,994,373
See
1685.
p.
(S. S.) Kresge Co.—October
828.
Period End. Oct. 31—
13,661,757
2,827,118
Manufacturers
it is acquiring
announced
12
Berkley Heights, N. J.., producer of plastic moulding
compounds, and will issue 10,400 shares of its common stock in con¬
for
used
be
p.
company
Chemical Corp. of
are to be issued
preference shares.
shares
275
common
underwriting
no
are
Inc.—Expansion—
Koppers Co.,
With SEC—
Nov. 7 filed a letter of notification with the SEC
cumulative preference stock, of which 600 shares
on
shares
17, 1947
Monday, November
CHRONICLE
FINANCIAL
&
Industrial Credit Co., Cleveland—Files
Co.—Earnings-
Illinois Bell Telephone
COMMERCIAL
Net sales
—V.
166,
1581.
p.
'
OFFERING
its
of
ers
the
rate
at
of
Subscriptions
York
New
33
La
N.
3:00
at
5
p.m.
Rights
expire at 3
will
(EST)
p.m.
at
Cum.
stocks
asset value
Oct.
31,
150,000 shs.
1,072,253 shs.
1,500,000 shs.
jeacli April
matur¬
1, 1948 to 1952, inclusive, and $1,000,000
1 and Oct.
ing on April 1, 1953.
tOn Oct. 9. 1947, company filed with the SEC
# registration statement covering 50,000 shares
(par $100) cumulative
preferred stock. Company intends to negotiate in the near future for
the sale of such new cumulative preferred stock to underwriters but
110
commitment for the purchase thereof has been made.
of
shares
stock, (estimated $4,224,644), will be applied toward
the company's construction program estimated to call for
of
expenditures of $35,200,000 over a four-year period beginning Jan. 1,
■1947.
It is intended that the balance of funds necessary to finance
fiucli construction program will be obtained from the company's treas¬
notes
is
The
corporation
the
sale
presently
the
and from the sale of bonds,
priority over the securities now offered
common stock.
In this connection it
additional
of
will
company's
obtained
be
cumulative
new
the
from
50,000 shares
the
of
sale
ball
operating
Operating
ACCOUNT
Net
expenses
Depreciation
of
adj.
acquis,
other
Cost
of
goods
1.802.810
1,713,157
Gross
2,300,000
2,225,000
.1
1,275,000
2,825,000
1,275,000
3,100,000
$4,558,228
$4,560,347
$3,618,452
$3,590,682
377,596
263,917
24.263
22;315
$4,824,264
$3,642,715
income
1,463,044
1,521.371
1,530,382
tax_
~
(net)
$3,437,146
$2,121,344
$3,361,220
AND
is
in
engaged
production,
the
was
distribution
and
sale
of
Co.
the
consolidated
sidiaries
for
approximately
department,
July
31,
to
and
was
the
rural
The
total population
tIncome
•Interest
Fed.
building
from
Of
and
rentals.
of the area
customers,
these
129.665
are
classi¬
is estimated to be approximately 500,000. Of this total, it
is in Indianapolis and surround¬
ing towns and villages, and the remaining 16.8% is in rural areas.
several
the
of
underwriters
and
•
the
stock now offered but not purchased
upon exercise of subscription warrants which the underwriters respec¬
agreed
ha\e
Co., Inc
Harriman Ripley &
of
common
purchase
to
as
Hornblower
Kidder,
Co._
&
Co
-
G.
Becker
When
tations
the
for
of
be
firms
166, p.
of
the
invited
asked
equivalent
1947—9 Mos.—1946
$
89.724,549
67,518,906
253,510,644
173,620*398
7,487,242
36,138,945
16,819,004
3,101,703
2,954,980
8,886,286
7,519,539
230,597
263,546
711,921
738,205
2,923,000
1,316,000
9,858,000
2.452,000
4,979,482
2,952,716
16,682,738
*6,109.260
2,476,502
2,476,502
2,476,502
2,476,502
$6.29
$2.02
depl.
&
(est.)—
share
per
$4,000,000
income
from
$1.04
$1.86
transferring
approximate
in
prior
the
of
cost
from
for
reserve
to
years 1
contingencies
income
January-February,
to
account
166,
(ap¬
cover
steel
1946,
strike.
1891.
p.
merce,
P.
according to
a
said
in
an
talk
merger
is
deal
now
closer
than
administration
of
The
The
Chicago
Journal
declined
the
Chicago
Journal
members
of
the
of
disclose
event
of
Com¬
morning
Mr.
would
published
share
Page
the
of
merger
a
right
negotia¬
be
contem-
John
by
its
change
no
D.
ownership.—
639.
p.
Corp.- -To Add
Kaiser-Frazer
Second Shift
a
to
Pro-
duction Line—
As
at
step toward
a
the immediate goal of producing 1,000 cars a day
Edgar F. Kaiser, Vice-President and General
announced that the company will add a second
production line in the body-in-white, paint, trim and final
Willow
Manager,
Mich.,
Run,
on
its
to
Nov.
17
mitments
to
that
realize
corporation
now
scheduled
the
shift
afternoon
workers
The
to
addition,
ferred
output,
would
be
Mr.
limited
to the second line
employees to its roll
shift, Mr. Kaiser
certain trained personnel from the day shift will
corporation
Frazer's
in
increase
production
material
sufficient
has
assembly
1.50
will add
assemble
cars
afternoon
1.2C0
on
shift.
new
the
new
The
workers
will
com¬
Kaiser
on
additional
to
the
Willow
Run
employment
Kalamazoo (Mich.)
common
July
share.
of
Sept.
30,
166,
Last year,
15.
there
1891.
1947,
p.
were
1,170,335
common
Logansport Distilling Co., Inc.—Common
shares out-*
Stockholders
Offered 16y2 a Share—
Hirscn,
President, on Nov.
12 announced that Schenley
Distillers Corp.
has made an offer to purchase all the outstanding
common
stock of Logansport at I6V2 a share.—V. 166, p. 1581.
Adolpn
Electric
output
41,165,000
totaled
of this
kwh.,
corresponding week last
(Ky.)—Weekly Output-
the week ended Nov. 8, 1947,.
with 32,260,000 kwh. for the
increase of 2.7.6% .—V. 166, p. 1891.
for
compared
company
as
year,
an
Inc.—Preferred Stock Offered—
banking syndi-,
cate headed by Kebbon, McCormick & Co., on Oct. 30
offered 20,000 shares of 5% cumulative preferred stock
(par $50) at $51.25.
Further details follow:
Lyon Metal Products,
As mentioned
in our issue of Nov. 10 a
PROPOSAL—Company
EXCHANGE
offer 2d
to
the
holders
of
its
preferred stock the right to exchange such shares
5% cumulative preferred shares 011 the basis of two 5%
cumulative
preferred shares plus $10 in cash for each share ot
6%
cumulative preferred stock.
The total of two 5% cumulative pre¬
ferred shares taken at
the public offering price
($51.25 per share)
cumulative
15,764
plus
cash
the
payment
of
exclusive of accrued
($112.50
$10 is equal to the redemption price
dividends) of one" share of 6% cumula¬
preferred stock.
The holders of 6% cumulative preferred stock
accepting the exchange offer will also receive cash representing the
excess
of the accumulated and unpaid dividends to Feb.
1, 1948 on
6%
cumulative nieferred stock so surrendered
and exchanged oveR
the
dividends
which will have accrued
from date of issuance to
Feb.
On
Nov.
shares
of
5
a
letter
common
to
15,000.—V.
swell
166,
a
being
sold
was
by
filed
the
with the SEC
trustees
of
the
for 2,359
estate
of
Mich.
(G. R.) Kinney Co., Inc.—October Sales Decline—
Period End. Oct. 31—
1947—Month—1946
$2,622,000
Sales
166,
p.
1480.
per annum, payable quarterly on Feb.. May,
Redeemable, other than for sinking fund, at $52.50
Nov. 1, 1951,
in each case.
Entitled in voluntary liquidation to foregoing redemption prices.
Ay
a
sinking fund, company required to set aside out of net .profits,
after dividends on cumulative preferred shares,
on or before April 1
of
each
year,commencing 1949, annual amounts, which shall bo
cumulative,
equal to
3%<
of the aggregate par value of greatest)
number of shares of this series issued at any time prior to close ot
preceding calendar year.
Redeemable for sinking fund at $51.75 peR
shave
through
Nov.
1,
1949, and $51.25 thereafter; plus accrued,
unpaid dividends in each ease.
Transfer agent, Harris Trust and
Savings Bank, Chicago.
Registrar, Northern Trust Co., Chicago.
CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING
of
issue,
1947—10 Mos.—1S46
$2,643,000 $23,311,000 $23,631;000
of 5%:
rate
at
and Nov.
1.
share through Nov.
1949, $52 thereafter through
And $5i.75
thereafter; plus accrued, unpaid dividends
per
Authorized
Cumulative
preferred shares
stock
Common
($10
*20,000 shs,
99,525 shs,
200,000 shs.
pari
preferred shares
preferred shares and were
of 20,000 shares.
cumulative
5'-
"The
amount
constitute the initial series
authorized on Oct. 28, 1947
SUMMARY OF INCOME STATEMENTS
Net Profit
Net Sales
$415,941
U41.121
313,682
575,850
1,978,780
2,064,090
836,832
779,824
1,030,803
564,625
810,679
3,050,145
:
4,363,872
5,987,799
13,333,819
14,678,202
1
13,689,306
13,740,405
10,784,867
9,687,219
mos.)
Income Taxes
$95,284
Income Taxes
$5,743,751
Years:
(3
Federal
Before Federal
Calendar
1947
Outstanding
30,000 shs.
($50 par)
series
1940
L. Gilkey,
deceased.
The shares will be offered at $22.50
share
through Paine, Webber, Jackson & Curtis, Grand Rapids,
—V.
v, ill call for redemption on Feb. 1, 1S48 any 6%
cumula¬
preferred stock not exchanged pursuant to the exchange offer,
at $112.50
per share
and accumulated and unpaid dividends to the
redemption date.
The
5%
preferred is entitled to dividends, cumulative from date,
the
George
preferred shares delivered in
at 2 p.m. (CST), on Nov. 10,
of Aurora was appointed by
cumulative
its exchange agent.
as
company
cumulative
—
5%
Company
in
1891.
the
tive
of
Kaiserp.
on
one
of hourly
said.
In
be trans¬
Paper Co.—Files With SEC
of notification
stock
new
nearly
1940
1,
exchange.
The exchange offer expired
194'/.
The
Merchants National Bank
more
to
as
1.50
Preferred-
bid
and
standing.—V.
5%
assembly divisions.
Revealing, that this
3.50
to
split-up
15
reestablishes
split in the
cents per share on Oct. 15. Prior
company paid 50 cents each on
the common stock received $1.55
payment was 37'/a
011
July 18, the
previous
the
Aug.
but
been,"
ever
paper
family
added:
years,
details
of
Commerse -is
Ames
which
several
it's
than
to
the
in
for
on
completion
that
dispatch,
Press
going
say
Chicago
and
159,
to
been
He
to
Ames,
Associated
has
interview.
an
other
.plated.
V.
Manager of
7 said that negotiations are under way for a possible
Chicago business daily with The New York Journal- of
and
that
"they are hotter now than they've ever been
of the
Commerce
in
Business
Page,
Nov.
on
merger
8.50
by
194378256
The
the
Journal of Commerce Corp., N. Y.—Merger Discussed
8.50
&
rate
for
11,234,782
revenues
opers
Inc.
Hutton
payable Dec. 19 to holders of record Dec. 1.
This
which prevailed prior to a recent two-for-one
both
G %
$
shares
com.
Henry Herrman & Co.__
recently
was
Subs.)—Earnings-
.tAfter deducting all expenses incident thereto.—V.
Co.
preferred
1890.
income
s
& Co.,
registration becomes effective, it is planned to send invi¬
preferred stock bids to approximately the same list of'14
underwriting
Stock.—V.
will
shares
(&
1947—3 Mos.—1946
line initially. It will be extended
materials become available, he said.
the company for underwriting
stock which it plans to issue and
sell to the public.
An amendment to the registration statement to
provide for this competitive bidding has been filed with the SEC.
Sale of preferred
stock either by bidding or negotiation has been
authorized by the Indiana P. S. Commission.
bids
net
being $994,158
as
LaughJin Steel Corp.
taxes
"After
Inc
Boynton & Co., Inc.
H. F.
11.33
Competitive
report
1947,
1256.
p.
8.50%
Pomeroy,
11.33
To Seek Competitive Bids on
the .additional
$4.13
30,
June
Inc.
Republic
Schoellkopf,
Webster Securi¬
Corp.
ended
Co.,
&
(Inc.)
11.33
11.33
Weeks
Peabody
&
ties
&
&
Allyn
Central
11.33
Noyes
C.
A.
Co.,
Inc.
Hemphill,
shares
common
period
share.—V. 166,
explained
follows:
A.
are
11.35'
Blyth. &
282,803
$451,517
397,843
on
charges
Earned
shift
shares
taxes
on
tive
"subsidiary
of
23,561
served by the company and its utility
•.is estimated that approximately 83.2%
names
income
income
tions,
its utility subsidiary rendered
Indianapolis and adjacent vil¬
and
customers in
areas.
etc
.'
depr.
inc.
Net
31,
domestic, 20.154 as commercial and industrial, 14 as municipal
street lighting, and one as an electric company.
At the end of the
heating season (May 31, 1947), steam service was rendered to 1,048
•customers in Indianapolis in an area cf approximately 4.2 square miles.
percentage
317I849
4o!o27
4^94
Federal
from
for
"This
company
UNDERWRITERS—The
!_
cents per share and
the common stock,
50
37 Va
of
Extra
Common Div. and Votes
quarterly dividend of
cents per share
regular
a
dividend
Louisville Gas & Electric Co.
Sales and oper.
before,"
July
as
Stone
1947
$
its sub¬
0.27%;
149,834
fied
tively
30.
,
Jones &
1947 totaling $19,937,023,
derived
from the electric departments,
department, about 0.08% irom the water
ended
the steam
about
1947
service
towns
lages,
90.75%
from
and
of the company
operating revenue
months
the "12
about 8.90%
At
SEPT.
$739,019
Period End. Sept. 30—
Philip
has two wholly- owned subsidiaries, Mooresville Public
and Electric Building Co., Inc.
declared
the
$2.01
1053.
p.
extra
As
ENDED
expenses
the company's annual
per
steam
company
taxes
1946
$134,097
$4.16
and
share
common
Lion Oil Co.—Increases
per
MONTHS
general
sales,
seven-month
the
in
heating and general industrial purposes.
electric
THREE
$715,458
income
$2.50
$2,082,615
incorporated in Indiana
Oct. 27, 1926 for a term of 50 years.
Company is a public utility
•operating in and about the City of Indianapolis, Ind., and engaged
principally in the generation, distribution and sale of electric energy.
BUSINESS—Company
charges
after
per
166,
had
to
2,841,135
foreign
on
for
propriated
HISTORY
Of
Pro¬
1256.
p.
sold
paid
to
No.
Service
166,
income
reported
$3,612,997
1,448,678
profits
excess
The
units.—V.
profit
Total
1,601,735
taxes--
—V.
1947
$262,539
Ended Sept. 30—
income
an
depreciation
for
Commissions
Prov.
for
bearing
and
$3,914,469
Provision
For
$4,935,824
income
also
ball
1944
1,945,974
Operating income
It
FOR
Selling, administrative and
Fed.
than
-income
Other
mark in
Vice-President
6.
sales
Earned per share
1945
$19,937,023 $18,582,788 $18,370,612 $18,279,836
7,769,893
6,730,449
5,876,570
5,667,853
1,468,112
1,432,981
1,265,171
1.251,244
1,678.888
1,615,273
1,581.334
1,577,394
215,928
215,928
215,928
215,928
revenue
Maintenance
"Fed.
Stupp,
C.
Nov.
Jaeger Machine Co.—Earnings—
INCOME
Net
-Calendar Years-
Chemical Co.—Earnings—
Lindsay Light &
9 Months
April
Interest
1946
July 31, '47
Federal
monthly
500,000
on
EARNINGS
OF
12 Mos. End.
Amort,
Reber
bearing division manufactured 203,698
Provision
Taxes,
the
October,
announced
The total October output of 511,907 completed and tested bearings
25,000 per working day—surpassed by 87,980 the previous
monthly high of 423,927 established in August, and more than doubled
the
production
of
seven
months
ago.
Last March
the
company's
of
stock.
preferred
SUMMARY
Tctal
exceeded
during
Manager,
—almost
bal¬
$5,000,000 of such
approximately
that
contemplated
funds
of
duction
revenues
other securities having
or
from
ance
operating
annual
from
ury,
<ir
New Ball
—
common
cost
,the
proceeds from the sale of the 214,451 additional
net
PURPOSE—The
i
1481.
p.
Bearing Production Record—
production
limited
but
amount
Precision Industries, Inc.
Heintz
&
1947—Month—1946
1947—9 Mos.—1946
$9,071,941
$7,998,867 $75,073,737 $69,745,347
31—
'
166,
—V.
Net
Jack
100,000 shs.
par)
to
as
Sales
Earned
by the requirements of the
instrument under which such securities are issued.
t$20G,000 maturing
♦Unlimited
Month Ago—
a
Sales 13.4% Higher—•
Stores Corp.—October
Feribd End. Oct
1S47,
1580.
150,000 shs.
stock
preferred
(no
Higher Than
net
at
p.
1947—44 Wks.—1946
$9,001,406 *$8,697,000
"Approximate.—V. 165, p. 2137.
1891.
p.
3,000,000
(par $100)
preferred stock
cumulative
Common
2,000,000
sales
Net
per common share of this company, outstanding
based upon the balance sheet on that date, with
securities
owned
adjusted to- market prices, was $27.42, compared
with $26.63 on Sept. 30, 1947, and $28.83 on Oct. 31, 1946 —V. 166,
$32,000,000
-Unlimited
—
stock
cumulative
New
•
"Unlimited
$3,000,000
preferred
1947—9 Mos.—1946
$4,847,973 $43,966,801 $37,082,547
Lerner
as
1970
due
series
3%
1970)
1,
166,
The
Outstanding
series due 1970
bonds,
"
4%
—V.
Value
FINANCING
PRESENT
TO
Authorized
May
notes
$5,601,970
Investment Co. of America, Los Angeles, Calif.—Asset
EFFECT
GIVING
Mtge. bonds, 3 V4 %
(due May 1, 1970)
(due
1947—Month—1946
Period End. Oct. 31—
Sales
9.4% Higher—
1947—4 Wks.—1946
$916,193
*$837,500
Period End. Nov. 1—
the
CAPITALIZATION
t2%
Interstate Department Stores, Inc.—October Sales—
Street, Chicago.
Salle
Mtge.
19.
Nov.
on
payable at Manufacturers Trust Co., 55 Broad Street,
office af American National Bank & Trust Co.,
are
1st
1st
Leath & Co.—Current Sales
to 214,451 shares of common stock at
share of such common stack for each four shares of
held.
or
Nov.
to the hold¬
(EST) rights
share
$22, per
one
stock
common
record
stock of
common
subscribe
to
STOCKHOLDERS—Company is offering
TO
8,464,897
Net Profit
$320,657
U41.121
258,042
361,067"
680,275
556,645
301,832
256,824,
299,806
353,626.
55,640
214,783
1,298,505
1,507,445
585,000
523,000
731,000
211,000
308,058
502,621.
fLoss.
The
annual
dividend
requirement
on
the
preferred shares now offered will be $50,000.
20,000
5%
cumulative
PURPOSE—Company
proposes
Outstanding 7,882 shares of 67*
time, without consent of the banks, is $30,000,000; "funded
defined to mean indebtedness maturing one year or more
from the date of its creation.
Accordingly, after the issuance of the
debentures now offered, the amount available under the credit agree¬
ment for borrowing will be limited to $10,000,000 less the amount of
any other funded debt of the corporation and its subsidiaries.
tE£Cludes 3,339 shares held in treasury.
at; any one
debt" being
net
lative
of 5 7c
AND
HISTORY
BUSINESS—Company
incorporated
was
.PURPOSE-'—The net proceeds ($19,517,210) are to be applied in part
the payment of $7,400,000 of notes payable now outstanding under
the revoking credit agreement.
The remainder will be "added to the
general fuilds of the corporation.
While it is not possible to make
specific allocation, such funds, together with additional funds which
may result from depreciation accruals and undistributed earnings, will
be
used for the , corporation's improvement and expansion program
and for the carrying of increased receivables and inventories which
may
be
necessary
in connection with expanded operations.
It is
estimated that the corporation's presently contemplated improvement
lo
of delivery
stock will be deposited in trust ax time
cumulative preferred shares to the underwriters.
preferred
Illinois
in
of the merger of Lyon Metallic' -Manu¬
and Durand Steel Locker Co. of Chicago
Heights, 111.
These companies had been pioneers in the production
of steel lockers, shelving, storage cabinets, and other steel products,
and their businesses were largely complementary to one another.
June
16,
1928,
'The
Wide
as
result
a
of Aurora,. 111.,
facturing Co.
sells
and
■manufactures
company
in
diversified market a
a
the
of fabricated steel products, including products for man¬
plants, warehouses, shops, retail stores, offices, schools,
range
ufacturing
'HISTORY-
,
^
"
about 25%, kitchen cabinets and ironing tables about 20%, and
remaining products the balance.
Manufacturing operations
are
conducted at two plants, one in
Aurora, 111., where the executive offices are located, and the other
ment
the
principal materials purchased by the
its products are sheet, strip and
angle
and enamel and lacquer.
Cartons
apd lumber for packaging of products are also purchased by the
company.
The
manufacturing operations may" be briefly described
as
sheet
metal
fabrication,
including* for
most products shearing,
forming, notching,. welding, assembling and finishing.
in
Chicago
Heights,
111.
The
for the manufacture of
steel, hardware and fittings
company
UNDERWRITERS—The
,
the
he
purchased
each
by
are
principal underwriters and
cumulative preferred shares to
the
of
names
unexchanged
of
percentage
5%
a
McCormick
the
Farwell,
Chapman
by
the
Ames,
Emerich
Bosworth,
G.
R.
Sc
Sullivan
Wortman
Friedman,
«—V.
a
20
15
15
store
Company
&
&
&
5
Lesser
1892.
p.
is
in
the
branch
in
and
1944,
and
McCrory Stores Corp.—October Sales 4.08% Higher—
Co.
in
October,
the
1947,
the
month
same
1947—10 Mos.—1946
1947—Month—1946
operated
company
last
year.—V.
of
$7,132,096 $66,381,098 $62,543,202
$7,423,053
In
166,
200
stores,
its
&
Net
after
1947
sales
Federal
1945
1946
will
$82,258,439 $82,187,029
digs,,
$71,646,335
3.103,271
3,952,655
3,834,030
1,235,869
Fed.
except
income
1,565,525
2,141.605
taxes
taxes
Earnings
•—V.
$1,872,402
$1.38
share
common
per
floor
City,
are
the
principal
tively
Sales
—V.
166,
J.
1845.
in
ment
covering
for
Hayden,
principal
the
are
Proceeds
Becker &
G.
term
for
ing
general
is
price
An
o,f
the
machinery
ings,
164.
be
volume
will
The
added
be
the
buildings
ft
do
business
on
a
which
are
cash,
500,000
Lazard
900,000
Co
Carl
100,000
Forgan
Harriman
Fenner
&
and
&
F.
Rothschild & Co.__
300,000
Brothers
&
300,000
&
600,000
600,000
Co
900,000
White,
Whiting, Weeks & Stubbs
Operating
build¬
facilities.
Weld & Co
issue
our
of
Nov.
10
Other
150,000
Corp.—Earnings-
The
Gioss
$60,394
$252,404
$167,514
19.627
14,337
63,698
50,013
1, 1972.
$76,982
operations
income
$46,057
$188,706
$117,501
12,048
10,345
18,350
579,722
$58,105
$199,051
$135,851
1.8,565
23,687
64,095
69,459
11,000
8,500
26,000
LISTING—Corporation
due
in
will
thereafter
and
or
Nov.
and
on
Nov.
before
or
1,
and
2970;
before
at
100%;
etc.
$50,157
_
_
Prov.
for
Fed. inc.
amount
1961,
1952
to
on
1.
in
$25,918
$108,956
$55,892
396,000
396.000
396,000
396,000
_
taxes
and
CAPITALIZATION
GIVING
EFFECT
November
on
$800,000
TO
in
—V.
A
payable
co-transfer
a
The
Outstanding
Middle
The
for
Cumul.
pfd.
stock,
A,
stock
$100
par
value__
"
500,000 shs.
Edwin
Madison
President
of
the
to
contingent
7 that
Nov.
96,406
Alleii,
former
corporation,
Oct.
this
be
at
the
1948,
of
Nov.
and
of
Co.,
Irving
to
the
until Nov.
H/a%
in
per
the
1948,
30 days' prior notice,
credit, such borrowings
by
The
borrow
to
Co.
and
1,
be
of the
banks
a
Any
of
the
corporation.
commitment
National
Co.,
Bank
amount
up
to
the
evidenced
o-f
of
City
shares of
notes
1%%
the
amount
annum
amount
time
at
corporation
the
pays
of
years
p.
on
Nov.
of
2
the
in
board
Rye,
and
former
N. Y.
He was
death.—V. 166,
1892.
old
gnd
was
a
director
the
at
time
of
his
9 Months Ended Sept. 30—
dividends
and
Miscellaneous
1946
1947
sales
Iqterest
$38,831,410 $18,636,523
111,755
42,527
received
47,919
income
Cost,
selling and
Provision
for
other
administration
31,333,430
140,446
expenses
depreciation
deductions
shall be based
Earned
Of
the
revolving
Nov.
like
credit
agreement,
the
the
credit.
aggregate
Under the
amount
of
terms
funded
the
24
its
to
filed
7
the
1
on
531
income
3,057,200
—V.
$4,459,476
profit
ner
166,
p.
common
1892.
either
of
use
of
Co.
its
to
letter
a
stock.
common
act
to
as
company
is
With
Illinois—Files
notification
of
Proceeds
property.—V.
will
152,
with
used
be
SEC
the
for
addi¬
1596.
p.
Year Ago—
a
1947—5 Wks.—1946
struction
SEC
will
outstanding
of
sell
no
1947—10 Mos.—1946
$1,781,000 $15,456,000 $15,456,000
hold
additional
hearing
a
shares
550.000
shares.
par
program.—V.
to
165,
Reclassify Stock—
company's proposal
on
($10
Following
common
par)
to
into
common
a
reclassification, company
funds to finance its con¬
supply
1457.
p.
Court
action
corporation
to
into
the
prevent
Oil
Simmy
former President of
Oil Corp.
Mr. Skelly filed suit in U.
Mission
and
Corp.
in
U.
recently
Corp.
Skelly,
District
S.
share
Court
for
Court
stockholders Dec.
for
6
.defendants
as
Dockweiler
and
Getty
Pacific
and
The
actions
Pacific
the
to
in
the
trust, J. Paul
of Mission
Getty
meeting
a
approving
the merger.
Angeles suit were Thomas A. J.
Getty, 2d, as trustee,s and J. Paul
Western.
designed to
are
and
vote
of
Western
Nev., against
California at
Los
Franklin
George
Western
Western
the purpose
Reno,
Southern
Angeles against trustees of the Sarah C.
and Pacific Western Oil Corp., to prevent
4
Pacific
of
at
of this
by W. G.
merger
Nov.
on
and
Corp.
District
S.
announced
instituted
was
Mission
Getty
prevent the Getty
through
Mission
it
owned
166,
from
Pacific
by
1686.
p.
interests, who control
Mission,
control
stock
proposed" merger.—V.
is
it
causing
Western
Pacific
in
favor
be
made
•
beginning
Wall
23
Nov.
17
Street,
lb)
due
1,
mortgage 5%
refunding
Interest
due
May
gold
If)
due
Northern
RR.
first
15,232,117
126_,255
25,192
1,280,500
—
$2.29
$2,067,609
$0.82
1940
1,
on
series F,
Nov.
1, 1939 on
due 1978;
clue
will
Incorporated,
the
first
and
the
first
and
1977;
first and refunding
the
first
and
1939 and Feb. 1, 1940 on
gold bonds, series I, due 1981;
the
and Oct.
series H,
1,
1939
on
1
and
July
1,
.1939
30-year
mortgage
refunding
due 1980;
1,
5'.
Jan.
due
Co.,
the
1
Aug.
mortgage
Interest
Feb.
bonds,
series G,
bonds,
gold
5%
&
bonds, series A, due 1965;
and March 1, 1940 on
and
bonds,
Interest due April
Inteiest
payments
P. Morgan
1939
gold
1
interest
J.
and
1S39
gold
Sept.
of
Y.:
N.
1,
Aug.
due
following
office
York,
mortgage 5%
Interest
(ci
the
the
at
New
Interest
(a)
refunding
RR.—Interest Payments-
that
announced
the
011
gold
6%
first
and
International-Great
bonds,
series
A,
due
1952;
Interest
due
due
Northern
Great
1956;
1
Jan.
first
RR.
and
July
1,
1939
5%
30-year
mortgage
the
on
gold
International-
bonds,
series
B,
and
Interest
due
Jan.
1
and
the
International-Great
Nor hern RR. first mortgage 5'gold bonds, series C, due 1956.
The New York Stock Exchange on Nov.
10 directed that the above
be
July
ex-interest 5 7
quoted
continue
shall
be
to
dealt
in
on
1,
19.39
Nov.
on
and that
1947;
17,
the bonds
"flat."-
Hearings Postponed—
The
the
ICC
to Jan. 27, hearings on
ICC said the delay was
Nov. 7, from Nov. 18
plan for the road.
The
postponed
reorganization
requested by numerous interested parties.
The hearing was ordered for taking evidence on
of
Court
the
approved
Commission
The
Appeals
at
St.
Paul
plan
set
Sales
modification of the
1944, but the Eighth
last September.—
aside
Co., Inc.—Oct. Sales Up
1947—Month—1946
127,143,899
—V.
in
it
1790.
166, p.
Montgomery Ward &
166,
13.4%
1947—9 Mos.—1946
$
$
$
112,154,993 888,652,285 744,941,857
1483.
p.
Mount
Vernon-Woodberry
Mills, Inc.
—
To Redeem
Debentures—
The
20 at $102.50 and
interest its entire $2,372,400 outstanding 20-year 47c debentures (sub¬
ordinated), due Jan. 1, 1966. Payment will be made at the Mercantile
has called
company
Trust
for redemption on Dec.
Md.
of
determining the redemption price of scrip
will be considered as bearing interest at 4 % per
annum, payable semi-annually June 20 and Dec. 20 of each year, the
corporation stated..
After
retirement of
the debentures, the company's
capitalization
Baltimore,
Co.,
For
the
will
purpose
they
limited
be
to
preferred and common stock.
31 there were outstanding 35,460
shares of 6.75%
preferred stock; 2,192 shares of old 7% cu¬
which had been unexchanged under the re¬
capitalization plan of Nov. 15, 1945, and 80,080 shares of $20-par
common
stock.—V.
157, p.
1363.
of
As
last
Dec.
prior
cumulative)
preferred stock
(G. C.) Murphy Co.—October
Saies
In
same
October,
number
1947,
as
in
Sales 11.18% Higher—
19-17—Month—1946 ' 1947—10 Mos.—1946$10,496,471
$9,441,311 $87,833,635 $83,017,212
the company had 209 stores
October, 1946.—V. 166, p. 1483.
in
operation, the
'
(The)
Net
head¬
company's
continue
1686.
amount
plans
52,623
$38,991,083 $18,731,673
Provision for Federal and state taxes
of
of
Period End. Oct. 31—
Total
Sundry
will
Minnesota Power & Light Co.—To
On
mulative
Maytag Company—Earnings—
Net
York,
for the
New
co-registrar
The
City
and
$1,785,000
166, p.
(57c
V4 % per annum on the aver¬
daily unused portion of the credit, and may at any time reduce'
the amount of the credit in which case the commitment fee thereafter
the reduced amount
securities.
Kansas
Telephone
replacements
reclassify
age
on
of
registrar
Nov.
on
shares
and
—V.
maturing
per
principal
any
75
York.
New
$20,000,000
maximum
by
of
notes may be prepaid at
Under this agreement the
commission
credit
Borrowings thereunder are
90-day notes bearing interest
corporation may on Nov. 1,
1953,
semi-annually.
revolving
a
Trust
aggregate
corporation.
1,
annum.
into
bearing interest at the rate
requiring amortization payments of 5% of
option
the
credit
upon
such
on
available
evidenced,
rate
Trust
entered
Bank of the Manhattan
agreement
made
was
to
corporation
Bankers
York,
New
Under
the
.1946,
with
agreement
Bank.
24,
and
Miles Shoes, Inc.—Sales Close to
reserves.
(Inc.)—Obituary—
Chairman
died
"
""On
Broadway,
140
agent
1582.
p.
Period End. Oct. 31—
Mathieson Alkali Works
+1,719,354 shs.
2,500,000 shs.
and
agent
166,
States
certificates,
pari
York,
airline's
Period End. Nov. 1—
1945
subscription warrants which expired Nov. 6. The re¬
maining 3,594 shares has been purchased and sold by an
underwriting group headed by Geyer & Co. Inc. Fur¬
ther details in V. 166, p. 1482.
165,600 shs.
(no
New
City, Mo.
Bank
Sales
$1,532,438
company's capital stock, out of a total offering of
100,000 shares, had been sold through the exercise of
$20,000,000
4V4%
Series
of
co-transfer
the
Kansas
company
13,125
tions
the
None
20,000,000
1946
$2,191,804
additions
and
taxes
for
announced
company
.
SEC—
2279.
P.
1947—9 Mos.—1946
individuals
of
National
optional.—V.
V.
1947
Massachusetts Bonding & Insurance Co.—Stock Sold—
25-year 2% %
-Common
First
Circuit
of
each
principal
$20,000,000
sinking fund debentures,
due Nov.
1,
1972
Capital Stock—
$0.14
$1,669,718
providing
165,
the
on
2547.
p.
$9,651,900 $77,304,000 $71,499,300
$
FINANCING
PRESENT
$0.27
$0.06
profits
^After
1
$0.12
shaie
1152.
9 Mos. Ended Sept. 30—
"Net
165,
made, J. W. Miller, President, explained, to
residing in the East in accomplishing
was
and
transfers
The
plan.
$600,000
aggregate
Authorized
♦Notes
p.
166,
Marine Raneorporation (& Subs.)—Earnings—
amount of debentures in eaeh of the years 1962 to 1971, inclusive; at
100 %
of the principal amount
plus accrued interest in every case.
Debentures may be surrendered by the corporation in lieu of cash.
.
per
-V.
1,
Nov.
retire
to
„
outstand.
snares
Earnings
1950;
100%%
and on
before
income
of
before
or
1962;
1,
or
sufficient
debentures
of
1,
thereafter
on
thereafter
on
No.
plus interest.
case
cash
inclusive,
and
l00'/a%
and
Nov.
101 ¥2%
before Nov.
or
1965;
every
in
before
1953;
Net
list
Exchange.
Stock
or
1,
to
Co.
appointed
quarters are in
bonds
holes, leases forfeited,
Fur¬
efforts
best
thereafter
thereafter
amount
the
102
Nov.
on
Nov.
100%%
FUND—An
York
New
at
its
use
101 %%
thereafter and
or
to
before
1956;
aggregate principal
years
the
011
or
1,
1968;
thereafter
SINKING
on
Nov.
101%
1859;
1,
thereafter
agreed
redeemable
and
before
has
course
be
101%%
on
dealers
quicker
10,500
dry
depletion,
arrearages
share.—V.
1947—Month—1946
Trust
been
appointment
assist
ther details follow:
Debentures
has
refunding
$96,609
taxes
income
Deprec.,
declared,
per
1685.
p.
Guaranty
Y.,
(hi
banking syndicate
a
just
$2.25
stock.
1947—9 Mos.—1946
"
2,740
from
to
Mid-Continent Airlines, Inc.—Co-Transfer Agent—
The
N.
Id)
1947—3 Mos.—1946
—
income
Oper. exps. & gen.
Offered—As
Debentures
—
sinking fund debentures, due Nov.
debentures
166,
mortgage 5 7
Maracaibo Oil Exploration
30
dividend
the
$9,673,900
—V.
mortgage
Period End. Sept
notes.
Mercantile Stores, Inc.—October Sales Slightly Higher
(e)
new
of
will amount
Period End. Oct. 31—
150,000
Co.-_
&
Co
Wertheim
1892.
p.
stock
Missouri Pacific
900,000
160,
4%
serial
1946.
28,
payment
"A"
Sales
600,000
1,200,000
&
Co.,
Inc.
headed by Lehman Brothers and Goldman Sachs & Co.
on Nov. 6 offered at 99 V2 and interest $20,000,000 25-year
the
Dec.
•After
class
Pierce,
600,000
Co.
&
Co
Ripley
prior
The directors have declared a dividend of 25 cents per share on the
class. "A" stock, par $10, on account of accumula¬
tions, payable Dec. 27 to holders of record Dec. 17. A similar payment
was made on March 29, June 30 and Sept.
30, this year, and on July 1
of
Co._
Sutro
•
900,000
Beane
&
Stanley
Stern
500,000
300,000
Co.
respec¬
Rhoades
Lynch,
L.
&
refinance
to
600,000
Merrill
100,000
Domin:ck__
Co
&
Loeb,
Morgan
Co
the
900,000
1,200,000
Co.;.
Co.
100,000
&
and
property
50-cent cumulative
Named
Freres
M.
&
100,000
Co
underwriters
the
Kidder, Peabody &
Kuhn, Loeb & Co
200,000
&
Profit
in
mentioned
Declares 25-Cent Class A Dividend—
(j.)
Macy & Co., Inc.
mentioned
to
by
above
follows:
as
900,000
&
and
Hayden, Stone & Co.$600,000
Hemphill, Noyes & Co._
600,000
2,200,000
Inc.
underwriters
several
the
Co
HaLgarten
new
of
rearrangement
was
Los
of
300,000
Deetjen
Ruhf,
for
announced on Nov. 7 that this company has exercised its
purchase from Sydney Corp. the land and building now
the Megowen-Educator Food Co.
The company has issued to local banks a $500,000 3%
five-year
note, due serially, the proceeds being used in part to acquire the
a
department store.
Torrey
&
spending
years
changes,
model
for
and
as
leading store 'in
children's apparel.
store building which
the
to
acquired
was
a
and
subsidiaries
purchase
Co._
Inc
Collins
otter¬
T.
plans
three
or
C.
costs,
the company
two
next
tooling
new
existing
higher
and
disclosed
also
in
1881,
desirable largely because
is considered
business
of
by
debentures
Co
Dominick
to
maximum
proposed
in
operates
general
a
$2 200,000
Emanuel,
$4.000 000
working
of
payment
to
balance
purposes.
Ruhf
Mr.
of
applied
The
"It
used
2693.
p.
(R. H.)
2%%
Co..
&
—V.
equipment,
and
a
share.
$10,000,000
renovation
—V.
Co.
SEC
the
to
&
Co.
Bradford
Glore,
will
working capital
stated.
estimated
sale
&
loans.
corporate
per
in
expanded
President,
an
pubiic
Stone
sale
bank
$57
increase
&
C.
of
Co..
Courts
registration state¬
of 150,000 shares of unissued
and
Adamex Securities
Corp.
the
with
a
women's
500,000
&
Burnham
Sale of 150,000 Unissued
underwriters.
the
from
short
capital
filed
13
It
addition
an
into
names
Co
Julien
Nov.
proposed
a
stock.
common
&
Cohu
on
established
1947.
operated
agreed
Sachs
Stearns &
J.
company
which
principally
expansion
store?
A.
Stock Shares—
The
became
addition
An
Goods Co.,
Brothers
Barth
Biyth
Mack Trucks, Inc.—Proposes
Refunds 4% Serial Notes—
option
Mission Corp.—Skelly Seeks to Block Merger—
prepared
Bear,
1481.
p.
have
Bache
1.2%—
$33,336,169
$4,136,876 $33,447,836
$4,185,027
It
construction
subsidiary
selling
amounts
Lehman
1947—9 Mos.—1946
1947—Month—1946
—
1866.
leading department
a
wholly owned subsidiary
to
its present building is
will
approximately double
Calif.,
Acquires Property-
—
both
at
Francisco,
San
Mo.,
of its
Goldman,
McLellan Stores Co.—October Sales Increased
.
Megowen-Educator Food Co.
space.
be'ng
of
in
of
Taylor Dry
permit
All
165, p. 2779.
Period End. Oct. 31
stockholders at a special meeting held on Nov. 10 approved m
Plan
for employees of this company
and certain of Its
subsidiaries who have at least five years' service.—V. 166, p. 373.
It also
branch
in
Ga.
charge and instalment basis.
$1,692,425
$0.91
$2,387,430
$1.02
profit
Island,
Ga.,
1946.
Another
acquired
C.,
until recently known as O'Connor, Moffatt
was
UNDERWRITERS—The
Net
Augusta,
and
Macon
S.
Sea
in
course
owned
Plans
Quarter End. Sept. 30—
Net
at
construction
founded in
was
present
Kansas
Rohbins, Inc. (& Subs.)—Earnings—
operates
the
wholly
McKesson
shop
of
course
corporation
in
•John
1481.
p.
the
now
199
against
as
It
which
store
Period End. Oct. 31—
in
stores
Columbia,
fashion
small
Macy's San Francisco
Sales
New
Columbus, Ga.
The
Lasalle &
Koch
Co., organized
in
1865 and now a wholly
owned subsidiary, became affiliated with the corporation in
1923. Its
principal store in Toledo, Ohio, is the largest in that city, and it
also opeiates small branch stoves at Bowling Green and Tiffin, Ohio.
Additional branch stores are planned for Findlay and Sandusky, Ohio.
10
Co
Brokaw
166,
in
operates
Co., Inc
Macy's
and
lessor,
acquired
35
Co
&
of
name
Mead Corp.—Employees' Retirement Plan Voted—
The
New
H. Macy & Co.,
business founded
York.
The
corporation and five wholly owned subsidiaries are engaged
primarily in the department store business.
The
types of merchandise sold by these stores include generally
men's,
women's
and
children's
wear,
furniture, home furnishings,
housewares and various other goods embracing principally the medium
to
higher price lines.
Macy's
New
York
operates
the
principal
store,
Macy's-Herald
Square, which has been in its present location since 1902. It establisted Mary's-Paikchester in 1941 and
Macy's-Jamaica in September
1947 as branch stores and has acquired sites for the erection of addi¬
tional branch store* in White Plains and Brooklyn, N. Y.
L. Bamberger & Co., founded in 1892, is a wholly owned subsidiary
in which the corporation acquired a controlling interest in 1929. The
Newark
store operated
by this company is the largest department
stoie
in
New Jeisey
and tho East orange, N. J., store is a small
houseware appliance -store.
This company intends to erect a branch
department 'store on a site recently acquired in Morristown, N. J.
.Davidson-Paxon Co., now a wholly owned subsidiary which became
affiliated with the corporation in 1925, was founded in 1885. It operates
a
leading store in Atlanta, Ga., which is presently being enlarged
under
Co
&
in
incorporated
was
by Rowland H. Macy in 1858.,
'The department store operations of the corporation, as distinguished
from
its
overall
corporate operations, in New York are conducted
%
Kebbon,
BUSINESS—Corporation
AND
May '28, 1915, succeeding to the business of R.
partnership, conducting a general department store
York
7
Retirement
.
follows:
as
nexr.
obtained
clubs, and homes.
: * Its major products include steel lockers of many types sold to fac¬
tories, schools, institutions, and clubs; storage shelving adaptable to
the storage of materials,
supplies, and merchandise of many kinds;
filing cabinets and storage cabinets for office use;
folding chairs
for public
seating purposes;
shdp equipment; kitchen cabinets and
ifoning tables for homes, apartments, and institutions; and display
units and equipment for chain stores and independent retailers.
/ The group of products known as shop equipment includes shop *
desks, stools, work benches, tool boxes, tool stands, material hand¬
ling boxes, conveyors, bar racks, and tool storage equipment.
Since
the
end
of
the
war,
sales of lockers and
shelving have
accounted
for about 25%
of the company's total sales, shop equip¬
churches,
require approximately $25,000,000 during
five years.
If required, additional funds are expected to be
through additional financing.
expansion program will
and
(1995)
outstanding
corporation and its subsidiaries may have
which the
cfebt
to effect the retirement of all of its
cumulative preferred stock (par $100).
proceeds received by the company from the sale of all 5%
cumulative preferred shares not exchanged will be used
(a) for the
redemption on Feb: 1, 1948 of all unexchanged shares of 6%. cumu¬
lative preferred stock and (b) to the extent of any balance remaining,
as an addition to working capital.
It is estimated that such remain¬
ing balance will not exceed $80,000 after deduction of expenses to
joe borne by the company.
;
Funds sufficient for the redemption of all unexchanged 6%
cumu¬
The
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
Number 4647
Volume 166
The
of
Nashville Corp.—Transfer
Jersey
Agents—
York, N. Y., has been appointed
stock, and The First National Bank
City has been appointed co-transfer agent.—V. 166, p. 1893.
Schroder
transfer
agent
Trust
for
the
Co.,
New
common
8
out over
corporation sent out more
than 70,000 pounds of mail orders through the U. S. Post Office.
This volume completely filled 1,887 mail bags and represents a new
record for his firm, George Marks, President, stated.
He added that
losr some time now tnis firms "soft line merchandise" mail order
business has been running between 60,000
and 70,000 pounds every
single day the week before last, the
a
166,
day.—V.
1686.
p.
W0.2W.270
all
for
Provision
Net
sources
$7,545,688 $1,315,739
subsidiary companies and branches,
profit
profits of foreign
and maintenance.
•Excluding
branches not included: 1947, Algerian, Bel¬
gian, Czechoslovakian, French, German, Hungarian, Japanese, Jugo¬
slavian and Netherlands and, in 1946, in addition to foregoing, Chinese,
Portuguese, Spanish and Swiss.—V. 166, p. 1893.
the
company
North
Henry
American
be
White
North
All
special distribution out of realized
capital gains, payable Dec. 23, 1947, to stockholders of record Dec. 9,
1947.
This distribution is being paid from capital gains.
The actual
amount thereof will be determined on Dec. 9.
Stockholders will be
paid in stock unless they elect to receive cash.
The directors have also fixed Dec. 9, 1947, as the record date for
stockholders entitled to receive a cash dividend payable on Dec. 23,
1947, from the ordinary income of the corporation.
The amount of
this dividend will be determined by the directors on Dec. 9, 1947, and
it- is
estimated that it will amount
to approximately 22 cents per
share.
A
cash
distribution of 17 cents per share was made on
July 19, this year.
Payments during 1946 were as follows: July 20, 12 cents; and Dec. 23,
18 cents, plus a special of 41 cents.—V. 166, p. 668.
declared
have
a
period End. Sept. 30—
•Profit
from
income
and
and
bond
3,574,312
other
taxes
tBased
194>6
942,857
4,220,000
13,515,000
9,345,000
of
shown
2.230,642
in
amounting
those
the
t$2.80
selling
sales,
Subject
and
The
to
Due
710
of
in
166.
stores,
166,
on
the
four
compared
weeks
with
to
$231,-
similar period of
The
year
Nov.
1, 1947, had in
corresponding period
the
in
1947
week
$8,699,681
$2.16
of
Nov.
This
of
the
7,
is
$1.81
146,678,000
a.
year
Association—Output—
Association
kwh.
of
for
reports
1,437,815
the
electric
Dec.
128,000
Nov.
of
7
ended
Nov.
53,723,000
of
for
166,
47.425,000
is
kwh.,
output
10.21%
Or
corresponding
reported
ft.,
cu.
ft.,
for
the
1947
cu.
of
15
cents
holders
of
Capital
10,
share
per
Nov.
17.
and
Sept.
week
at
175,068,000
19.36%
or
above
is
ft.
reported
take
stock
a
dividend
shares
of
1.
Dec.
Oil
of
to
cost,
to
oil
oil
includes
Nu-Enamel
of
this
Dec.
Corp.
also
Corp.,
corporation
properties
1,979,940
decided
not
but to conserve working
three 15-cent cash dividends
year
15
and
shares
and
about
oil
in
enough
cash
to
capital.
far
so
further
The com¬
pay
in
in
stockholders
District
used
by
Birnbaum
N.
have
Chicago,
to develop
and
damages" and
M.
the
to Nu-Enamel
made,
Corp. charge
111., that six of
in
Lutterman.
suit
a
the
privately-owned
J.
7.85%
or
corresponding
above
month
production
a
of
oil
The
filed
firm's
lands.
Period End. June 30—
Long
suit
asked
return of profits, officials are
stockholders.—V. 166, p. 1893.
tons
blister
The
directors
non-assented
Dec.
on
record
made
15,
Dec.
of
and
1947.
the
An
share
per
on
on
Profit
on
Jan.
15,
2,
paid
the
on
164,
25
604,166,
both
to
per
for
cents
share
1,
stock,
an
U.
order
S.
to
retire
the
income
bond
issue
on
1947—3 Mos.—1946
been
District
1947,
a
clearing
signed
by
Judge George H. Moore at St. Louis, Mo.
provides for payment of $2,354,000 on the income bonds
on Dec.
1, representing principal and interest at 5% from Oct. 1
date of the last previous interest
payment.
The bonds, which orig¬
inally called for interest only as earned, matured on Oct.
1,
1935
The
and
order
since
then
interest
had
accumulated
at
5%.
With
the
prospective
income
bond
retirement,
the
company
no
longer will have any default in principal or interest of its
obligations.
—V. 166, p. 1893.
V.
1947—Month—1946
Sales
—V.
$10,009,117
166,
50
On
share
28.
Nov.
on
With
Sept.
15,
compared
12,
the
declared
a
1947—10 Mos.—1946
year-end
dividend
of
$1
per
the
capital stock, payable Dec. 12 to holders of record Nov.
payments of 50 cents each made on March 15, June 14 and
the
total this
year
will amount to $2.50 per share, as
with
$1.50
in
1946 —V.
165,
2548.
p.
On
$216,844
$1,884,068
of
outstanding
per
share
1,021,056
1,021,056
1,021,056
1,021,056
$0.62
$0.21
$1.85
$0.96
on
Nov.
10
stated
at
the
New
York
Public
Service
Commission
hearing on the company's petition for
authority to consolidate its three principal operating companies into
a,, single operating
system, that upon consummation of the consoli¬
dation electric rate reductions amounting to $1,000,000
annually would
be
put
Mr.
into effect.
Machold
he previously
stated
that,
although
testified will not be
the
realized
savings
concerning
immediately
upon
which
the
originally
renewals
matured
May
on
development
pending
166,
and
plan
1
of
a
1894.
p.
took
12
action
no
another
on
dividend
on
A payment of 15 cents per share was made on April
the company paid $1 per share on April 13 and.
is
the
at
directors'
meeting
to
be
26.-
of
instead
the
Exchange
data
be
to
announced
7
stockholders
of
second
occasioned
was
and
certain
Nov.
on
meeting
change
by
will
need
held
on
1948,
the
Tuesday
The
past.
meet rules of the Secu¬
solicitation which require
to
proxy
the
in
the
in
as
in
second
the
on
April,
time
for
Commission
presented
beginning
that,
be
Tuesday of
annual
report.-
Receives New Passenger Cars—
It
just
was
recently
announced
livery from
American
to be known
cars
Car
&
that
Foundry
the
as
this
Co.
Trail
railroad
of
a
is
accepting
series
new
Blazer Coaches.—V.
of
21
de¬
pas¬
166, p. 1894.
Peoples Drug Stores, Inc.—October Sales Up—
Period End. Oct. 31—
1947—Month—1946
Sales
$3,909,045
The
1947—10 Mos.—1946
$3,773,607 $37,175,811 $35,143,741
corporation
in
in October,
1947 operated 136 stores, as
corresponding month last year.—V. 166, p. 1583.
the
the
rate
from
against
con-
Ry.—Earnings—
1947—3 Mos.—1946
1947—9 Mos.—1946
revenues
$1,265,460
$1,162,513
$3,932,555
Operating
expenses
1,254,083
1,074,956
3,389.277
3,142,195-
from ry. oper.
$11,377
$87,557
$543,278
$154,943:
accruals-
23,552
48,284
261.730
106,726
Equip. & joint fac. rents
66,659
52,535
189,744
English
currency,
equals
£1
$90,211
$100,819
$451,474
$255,968
178,834
113,262
91.804
1101,025
10,984
10,974
34,416
29,917
1$67,850
t$2,288
$126,220
1$71,108
Net
the
payment
declared
stock,
common
distribution
similar
A
rev.
•Railway
tax
$3,297,138
the
on
a
Dec.
made
stock
on
since
of 35 cents
holders of record
l to
Sept. 1, last, which was
1943.—V. 166, p. 1521.
ry.
Other
quarterly dividend
payable
was
common
149,242-
$4.00.—
Total
the directors
5,
on
17.
first
Eastern
Period End. Sept. 30—
1583.
share
Nov.
income—
oper.
income
Total
income
Miscell.
Total
deductions
fixed
Net
2,281
2,097
6,437
6,066
61,973
56,082
159.144
168,976
$132,104
$60,467
$39,361
$246,150
Cr58,600
Cr32,599
2,957
Crl26,799
charges
deficit
Pacific Gas & Electric
Co.—Secondary Distribution—
Blyth & Co., Inc., on Nov. 12 made a secondary offering
of 50,190 shares of common stock (par $25) at $37V2 per
share. Dealers' discount 60 cents.—V. 166, p. 1687.
directors
the
on
This
each
the
were
Pan
This
If
at
the
to
common
10
dividend
of
holders
to
25
cents
of
record
per
Petroleum
an
controlled
option
to
stockholder
$25
&
Nov.
24.
25 cents
Transport Co.—Acquires
of
D.
Petroleum
Root
Oil
Standard
from
P.
Co.
Hamilton,
Co.,
132,000
is
The option expires Dec. 19.
exercised, Pan American plans
stockholders
shares
of
the
outstanding.—V.
Root
166,
company
p.
Co. Inc. headed
(Indiana), has
President and
shares of Root
The
company's
its
coal.
in
the
1583.
p.
corporation
offered
nolly,
Foreign
bid
of
high bidder for
was
American
to
$203,769
with
the
first
German
industry, Major General
Commissioner, announced
Liquidation
down
payment of
5%
reparations
Donald
H.
Nov.
on
Con¬
The
6.
from
was
Henry J. Kaiser,
President of the company, who if awarded the
factory, plans to bring
the dismantled aluminum-foil plant to the United States for use here.
Award of the plant to the corporation, in accordance with the Sur-*
plus
Act,
to
as
of
is
contingent
whether
bid
The
the contract
from
not
or
upon
the
the
sale
decision
violates
specifies payment of
and the
of
the
the
remaining 50%
Attorney
anti-trust
additional
an
45%
General
anti-cartel
or
the signing
on
before the property
is shipped
Germany.
Other bidders for the
plant, which
declared available for removal,
was
to make the same
which has 336,045
954.
Germany by the Allied Control Authority in Berlin and awarded,
S. Government by
the Inter-Allied Reparations Agency, were
Rolling Mill with a bid of $125,000 and the Reynolds
Metals Corp. with a bid of $100,101.—V.
162, p. 2823.
the
U.
the
Standard
group
Peter Paul, Inc., Naugatuck, Conn.—Files With SEC—
The
for
company
11,955
$25
will
be
used
Nov.
on
shares
share
a
to
(no
for
filed
6
par)
present
letter
a
of
notification
with
the
SECI
to
be offered for subscription at
without underwriting.
Proceeds
and working capital.—V. 166, p. 1791.
common,
stockholders,
expansion
from
The
modernizing
additional
166,
Permanente Metals Corp.—Bids for Reparations Plant
the .financing are to be applied largely to the
construction program necessitated by increasing demands
proceeds
taxes
from
which on Nov. 13 offered $12,500,000 first mortgage sinking fund bonds, series A, 4%,
due Oct. 1, 1962, at 100% and accrued interest.
a
inc.
tDeficit.—V.
laws.
share.
a
option
other
by
purchase
Fed.
plant
share
Root Petroleum Stock—
company,
principal
Dec.
a
only payment this year. In 1946, distributions of
made on Jan. 4 and Aug. 30.—V. 166, p. 1791.
on
acquired
declared
11
payable
American
Option
offer
stock,
capital
is
Nov.
on
•Incl.
This
Pan American Airways Corp.—25-Cent Dividend—
The
The
President,
Nov.
on
company
May
$984,556
mine
program
of
and
three
coal
includes
existing
reserves,
two
additional
modern
Philadelphia Electric Co.—Weekly Output—
Illinois
large mines, acquisition of an
improvement of subsidiary
and
properties.
Rate Reduction—
Machold,
debt
short
York a further extension
$4,000,000 bank debt, it was
New
its
Operating
$636,712
Nov.
mines,
J.
1055.
Changes Annual Meeting Date—
The
Net
for
Niagara Hudson Power Corp.- -Consolidation to Effect
Earle
share
per
banking group headed by the<
the
of
of
share on July 30.
expected to be taken
per
Nov.
Peoria &
taxes
$9,768,991 $85,880,104 $83,830,273
Corp.—Year-End Dividend of $1—
directors
City
1
extension.—V.
1946,
action
on
annual
Peabody Coal Co.—Bonds Offered—Halsey, Stuart &
Newmont Mining
In
cents
No
held
1484.
p.
cents
40
deprec., de¬
and
166, p.
stock
(J. J.) Newberry Co.—October Sales 2.5%
HigherPeriod End. Oct. 31—
directors
last.
1947—12 Mos.- -1946
14,596
NOTE—Conversion
of
was
2695.
has
to
capital stock.
134
15,860
after
Shares
New Orleans, Texas & Mexico
Ry.—Bond Retirement
Ordered by Court—
An
the
Nov.
The
5.
subject
longer-term
15,
alleged
3,578
payable
holders
Jan.
on
preferred
p.
25
share
per
former
cents
while
of
2)
$3
the
1948,
of
last,
issue.—V.
of
stock,
of
from
Nov.
on
been
a
in
4,627
pletion
per
(No.
dividend
a
distribution
Dec.
was
that
dividend
a
and
preferred
latter
initial
stock
common
$21
declared
stock
cumulative
all accumulations
up
1
common
$3
1947,
1,
the
on
dividend
the
on
Nov.
on
share
166, p.
secured from
nas
Bank
months
the
was
pro¬
duced
New England Lime Co.—25-Cent Common Dividend—
the
National
reported
has
lor
officials
Suit
ft.,
ago.—V.
year
of
Accounting—
Nu-Enamel
in
facilities
its
accounting,
to
of
Court
1945.—V.
10,
senger
states.
five
Dec.
on
corporation
three
to
Pacific Finance Corp. of California—35-Cent Dividend
per
The
Chase
rities
1947.
bring total assets of the oil concern
$1,500,000.
The oil properties include various fractional
38
producing oil wells and seven producing gas wells
leases
dividend
a
Pennsylvania-Central Airlines Corp.—Bank Loan—
of
Nu-Enamel
Stockholders Sue Officials of Fund
ft.
cu.
cu.
cents
declared
12
a
production
651.553,000
50
Nov.
on
undistributed net income, payable Dec. 15 to stockholders
20. This compares with 25 cents paid on Dec. 9, 1946,
Nov.
Pennsylvania RR.—Omits Dividend—
share
one
Nu-Enamel
The
Nu-Enamel's
over
Nu-Enamel
Earnings
at
directors
record
1791.
1893.
P;
(The) Pennroad Corp.—Declares Larger Dividend—
The
10,
166, p.
10
June
paid.—V.
Pay Dividend in Stock of Subs.
declared
6
to
of
$
$
65,890,638 582,358,850 512,369,741
1583.
p.
from ordinary
the
1893.
p.
record
was
for each
10
holders of record
June
$
$
75,563,064
166,
1947—10 Mos.—1946
1947—Month—1946
Sales
1947,
8,
kwh.
12.2%.—V.
dividend
a
Corp.
to
has distributed
S.
Stevenson,
Penney Co.—October Sales Increased 14.7%—
(J. C.)
O'okiep Copper Co., Ltd.—Earnings—
week
28,390,000
October,
Oil
15
last
dividends
of
in
of
cu.
week
with
increase
declared
5
Nov.
on
directors
Prior
filed
ago.
outpuut
increase
an
an
payable Dec. 10 to
was made on
March
pany
had
ft.
cu.
the month
Gas
the
compared
as
year,
Nov.
cash
478,887
for the corresponding week a year ago.
October, 1947, the Association reports electric out¬
put of 67,498.384
kwh.
This is
an
increase
of
5,881,515 kwh.
or
9.3.5% above production of 61,616,869 kwh for the
corresponding month
For
the company announced.
par
stock, the same number of shares as Nu-Enamel Corp.
outstanding.
After payment of the stock dividend, Nu-Enamel
will hold 90%
of the stock in the oil corporation.
and
A.
(Del.)—Weekly Output—
1946, a total of 95 cents
formed
The
John
100-year history, the total insurance in,
crossed the $2,500,000,000 mark, it was
President.
During the
first 10
has
company
by
Period End. Oct. 31-
special meeting of stock¬
to issue 83,333 shares
24,
$0.92
increase
an
14,077,805
the
for
In
Nu-Enamel
has
its
of 1947, insurance in force gained approximately $136,957,000.
marking its centennial year, the company in the last 100 years'
Now
proposal
stock,
directors
payable
was
in
has paid out more than $1,700,000,000 in benefits to American families,
the announcement said.—V. 166, p. 1522.
The
up
1,112,117
ended
increase
an
the
a
for
company
Nu-Enamel Corp.—To
Two
kwh.
output
is
this
of
payment
interests
1945
1946
$9,539,051
930,423
share
common
announced
months
time
first
this
in
force
of
on
capital
this year.
ago.
Gas
on
adjourned to Nov.
was
output
similar
A
$177,276,959 $126,119,000
Co.—Earnings—
taxes
production
This
proxies,
vote
to
1893.
directors
the
on
1484.
15,515,620
above
6
Corp. will transfer to the Nu-Enamel
Oil all of its oil properties, which are carried at $1,300,000 to $1,400,000
New England Gas &' Electric
of
stock.
Stock¬
notified of a
been
Norwich Pharmacal Co.—Declares 15-Cent Dividend—
U.
the
have
Co.—Insurance in Force
High—
the
For
25-cent
$12,040,447
Net income after
For
preferred
of
Corp.
Corp.
1947—44 Wks—1946
1582.
p.
sales
per
Nov.
stock
operations.
Sales 42.2% Higher
ended
704
the
1054.
p.
$13,345,390
National Vulcanized Fibre
p.
at New
Inc.—Meeting Again Off—
sufficient
of
for
totaled
60,278,000 kwh.,
corresponding week last
and all
2,230,842
amounted
1947
sales
ever
Nine months Ended Sept. 30—
Earnings
lack
a
166, p.
or
—V. 166,
•
the
of
called
The
1947—4 Wks—1946
during
company
year.—V.
Net
shares
30,000
Reinsurance
Headquartel-s and manufacturing plants are maintained in Brooklyn,
Y., and a branch is located in St. Louis, Mo.—V. 165, p. 2803.
preferred
preferred
expenses
tBased
separately.
mcnths
nine
$18,974,543
operation
$$6.25
t$8.92
general
National Tea Co., Chgo.—Current
Sales..
N.
period
materials.
raw
Penn Mutual Life Insurance
approval of the stockholders and of the Insurance
State of New York, the issue will be a $4 nonof a $10 par value per share and a redemption
price and liquidation price of $100 per share.—V. 159, p. 878.
of
first
of $60,954,748
Period End. Nov. 1—
Hast
Star
a
major position in the medicinal
manufactures and distributes a broad
company
the
to
cumulative
shares.
$170,581,161.—'V
to
$13,941,320
$6,254,976 $19,903,655
f$3 05
cost
increase
this
The
medicinal
of
field.
surance
942,857
share
on
NOTE—Sales
an
55
throughout
field.
purpose
Department
on
except
expenses
935,909,
6,032,247
7,918,172
314,285
$6,802,840
com.
deducting
shares.
trustee,
Co.,
Nov. 12 announced that this company-
on
occupied
line
and
5,140,000
•Alter
Trust
the
Corp.'s
Penick, Jr., President,
B.
completed arrangements to acquire the New York Quinine & Chem¬
Works, Inc.
F. Eberstadt & Co., Inc., New York, N. Y., invest- '
ment bankers, arranged the transaction.
Established in 1885, the New York Quinine & Chemical Works has
ical
1257.
p.
which
utilities,
public
(S. B.) Penick & Co.—Acquisition—
S.
of
income
Net profit
Earnings per
North
Northern States Power Co.
314,285
Fed.
for
166,
discount
expense
Prov.
Y.—V.
to be held on Dec. 8, 1947 to act upon the proposal.
of this issue is to provide additional surplus funds to
steadily increasing needs of the North Star Reinsurance
clientele for enlarged underwriting facilities in the fire rein¬
The
—V.
$42,279,684 $30,261,424
2,266,347
Manufacturers
the
special meeting,
meet
1947—9 Mos.—1946
$15,831,437 $13,055,608
at
of
$3,000,000,
of
Electric
depletion.
and
Interest,
made
other
certain
has
corporation, an affiliate of General Reinsurance
authorized the Issuance and sale to General Reinsurance
have
for
interest
dividends
Deprec.
will
Called
Refractories Co.—Debentures
Northeast Airlines,
(& Subs.)—Earnings-
1947 -3 Mos.—1946
be
will
Corp.
and
oper.
from
Proceeds
and
companies
1688.
166, p.
the SEC
with
share through
90 cents a
Baltimore, Md., as underwriters.
and development of mining lease.
Street, New York, N.
holders
Steel Corp.
notification
of
of
group
chemical
Corp.,
of
National
letter
v
purchase coal under contracts extending to 1958, largely on a costplus basis.
In the last fiscal year in excess of 50% of the com¬
pany's tonnage was sold under these contracts.
It also sells sub¬
stantial amounts of coal to railroads, Industrial customers,
and at
retail through
subsidiaries in Chicago, St. Louis and Minneapolis.—
Co., Baltimore—Files With SEC
offered at
tons.
of Illinois.
in the State
properties are largely
During the fiscal year ending April 30, 1947 company sold over
14 million tons of coal.
Its largest customers are the Commonwealth
V.
outstanding 6J/2% extended debentures due Jan. 1, 1959,
called for redemption on Jan. 1, 1948, at 100 and interest.
been
holders
These
—V.
1484.
p.
Nov. 6,
liquidation of
Wilmington,
The directors of the
$1,332,627 $10,673,043 $11,278,138
$999,060
166,
at
Court
North Star Reinsurance Corp.—Sells Preferred—
1947—10 Mos.—1946
1947—Month—1946
Period End. Oct. 31—
—V.
District
Off—
National Shirt Shops of Delaware, Inc.—Sales
Sales
Oil
American
the
have
&
Co.,
payment
used for
Broad
Special Dividend—
S.
and enforcing the plan of
ordered by the SEC.—V. 165, p. 1791.
as
The company on Nov,. 7 filed a
for 25,000 shares of common to be
Payment
directors
Approves
lands
have
Company and its subsidiaries as- of April 30, 1947 owned
having an estimated 821 million recoverable tons of coal and
under lease lands having
an
estimated 19 million recoverable
Edison
*
and
National Investors Corp.—To Pay
The
the
North American Light & Power Co.—Court
after depreciation
NOTE—Companies
that
added
$1,800,000 principal amount of 2V4%
debentures, due 1951, of Buffalo Niagara Electric Corp., the remain¬
ing balance of an original issue of $7,200,000, have been called for
redemption and will be paid off on Dec. 1, 1947.—V. 166, p. 1893.
1 621 035
bzi.uja
*f 219349
6,219,349
taxes
income
period of years.
a
Machold
Judge Paul Leahy in U.
signed an order approving
(& Subs.)—Earnings—
totted*,t.»ofrom
Mr.
Monday, November 17, 1947
CHRONICLE
SEC Order—
National Cash Register Co.
•Profit
& FINANCIAL
summation of the consolidation, he was confident they could be worked
Inc.—Record Mail Orders—
National Bellas Hess,
In
COMMERCIAL
THE
(1996)
The
week
of
V.
electric
ended
7,976,000
output
Nov.
8,
kwh.,
of
1947
this
and
company
amounted
5.9%,
or
to
its
subsidiaries
143,088,000
the
over
kwh.,
corresponding
an
week
for
the
increase
1946.—
of
166, p. 1894.
first
mortgage bonds are to be secured by an indenture which,
opinion of counsel,
will constitute a first lien, subject to
Philadelphia
permissible
encumbrances,
upon
land, unmined coal,
coal rights,
mining machinery and equipment owned by the company.
In addi¬
tion, all outstanding shares and evidence of indebtedness of certain
subsidiaries will be pledged.
The bonds will have the benefit of a
fixed
sinking
fund
designed
to
retire
$9,600,000
bonds
prior to
maturity and a contingent sinking fund based upon- earnings which
may retire an additional $250,000 annually beginning in 1950.
The
Philadelphia,
the
cf
Transportation
Fidelity-Philadelphia
sale
to
Pa.,
it
as
consolidated
will
of
an
exceed their face
amount
until
Jan.
mortgage
to
to
sufficient
Trust
to
1,
noon
1948,
3%-6%
on
trustee,
Dec.
for
the
166, p.
135
series
sum
of
1360. *
So.
1947,
15,
account
bonds,
exhaust
amount —V.
Co.—Tenders
Co.,
of
A,
Sought—
Broad
receive
the
Street,
bids for
sinking fund,
due Jan.
1,
2039,
$150,043, at prices nofcr
,
Volume 166
Number 4647-
THE
Piedmont & Northern Ry.—Partial
Redemption—
There
of
the
been
have
called
for
redemption
Dec.
on
1,
for
next,
PURCHASERS—The
account
sinking fund, $31,000
of first mortgage bonds, 33/4% series due
1966, at 100 and interest. Payment will be made at the Guar¬
anty Trust Co. of New York, trustee, 140 Broadway, New York, N. Y.
Dec.
1,
V.
160,
respective
by
it
1947—3 Mos.—1946
Stroud
-"Net
$
50,331,757
196,623,041
132,839,949
6,268,240
5,005,813
21,071,104
13,168,435
$0.70
$0.56
$2.36
share
per
'•'After
all
charges
&
bonds
and
(Ore.)
Federal
and
State
income
taxes.—V.
after
Car
Hutzler
and
issue of Nov. 10 Salomon Bros. &
our
Stroud
&
Co., Inc., on Nov. 5 offered $6,000,000 first mortgage bonds, 3V2 % series due 1977, at
103 and interest.
Dated
Nov.
1,
due
1947;
Nov.
1977.
Principal payable at office
or
agency of the company in New York, and interest (M & N) payable
at said office or agency or at option of
holders at office or agency
of the
company in Chicago. 111.
Co., Inc.
(&
1947
operating public
approximately 2,300
Oregon.
in
Electric
part
tion.
is
presently
land
a
Power
future
near
will
possibility
of
the
under
1945
$666,235
,:'$585,235
but
tc
it
be
will
of
withdraw
to
the
on
mnds
corporate
will
but
also
the
on
such
be
zation
of
before
the
of
the
the
basis
balance
of
The
the
of
the
Administra¬
Dated
and
of
and
the
to
Port¬
in
the
there
is
provisions
1935.
of
such
of
such
sums
deposit
additions
withdrawn
so
and
will
from
for
will
the
become
available
be
time
period
part
for
gen¬
for
1947
contemplates
the
expenditure
$3,656,000
in addition
to
amounts
expended prior
Capital expenditures for 1948 cannot yet be esti¬
expenditures may be approximately $7,500,000.
Cash
in
the
company's
end.of
amount
in
company
of
$4,600,000
connection
which
parent,
is
with
to
the
Bonds
not
ft
expected
become
to
effective
expenditures,
for
company
will
appears
to
be
the
in
met
probable,
obtain
financing
of
be
may
being 2%'<
will
together with
period,
the
including
other
cash
payments
of
far
so
however,
lurther
consist
equity
made
that
the
will
company
find
funds
in
financing,
from
time
part
of
the
although
to
issuance
temporary
of
bonds
bank
and
borrowings
TO
PRESENT
tieasury
time
on
of
mortgage
bonds
Outstanding
'Unlimited
3'/a '/
series
due
series' due
1977
2"„
bank
stock
"Subject
in
Company
.all
the
the
6,000,000
500,000 shs.
terms
July
1,
the
toward
of
the
indenture
of
of
of
mortgage
$200,000
making
through
and
deed
prepayments
July
at
13,
of
in
be
station
additional
latter
the
with
1951,
With
period
The
number
for
the
shares
of
the
stock
new
presently outstanding common
be required for the purposes of
may
1,000,000
of
shares)
without,
of
however,
to
revenues
stock
the
is
plan
increase
any
in
EARNINGS
—
1945
of
the
at
$15,167,735 $14,842,466 $13,440,299
6,003,884
5,170,428
4,839,679
1,005,813
1,096,830
818,468
754,164
730,768
1,936,1.32
1.584,526
1,485.210
Fed¬
operating
income
$5,455,760
$6,236,518
approximately
the
to
of
180,694
285,611
283,827
$5,029,015
$5,636,454
$6,522,129
future
before Fed.
HISTORY
467,992
438,564
394,720
358,311
$4,561,023
In
of
$5,197,890
$6,127,409
latter's
hill Electric
the
time
investments in
Co.
Subsequently,
same
and
in
it
two
1938,
the
•electric
utility properties of
.& Power
Co., respectively,
•expanded by the extension
Mt.
;and
to
•of all
As
secured
of
of
'located
the
the
in
District
•entered
Clark
by
only 44
suburban
close
No.
franchises
not
1
of
the
of
and
$5,491,690
Clark
U.
S.
•of
for
their
these
book
to
Court
was
value
for
the
.•average
12
of
months
168,407
ended
customers
Aug.
30,
of
and
also
has
of
by
decree
the
of
that
90%
territory.
properties
Public
Utility
appropriation
Western
District
of
award
of $801,000
$100,000 in excess
expenditures incurred in
approximately
plus
the
31,
1947,
the
company served an
residential customers
including 150,054
rural)
utilizing electricity for one or more purposes
including lighting, cooking, refrigeration, water
heating, and house
V heating; 41 large industrial customers in
various industries;
16,902
l
•commercial and other industrial establishments,
including retail estab| lishments of all types, hotels, laundries, gasoline filling stations, manu\ facturers both large and small, utilizing electricity for
lighting, refriger¬
ation, air conditioning and general power
purposes;
1,404, municipal
"lighting and other public authority customers; 5 other electric
utilities
sandiQiae urban and interurban electric
railway.
■<urban
April
a
to
up
scheduled
1,
and
and
is
and
by
and
next
1947-1951,
the
present
and
are
this
forecasts
and
entered
into
fee
of
under
money
of
the
cancel
the
agreement
1/16
of
1%
of
the
thereunder shall
per
mature
The
annum.
credit
bonds
now
15-yr 2:%%
4 %
7,
notes,
1947
pfd.
3 >4%
1,
1.
PRESENT
matur.
to
Dec.
stock
stock
"The
196-1,
•5
$18,000,000
1,520,000
1,102,000
Co.,
the
is
and
Sept.
step
in
the
erties
Duringthe
not
To
Service
Indiana
Co.
Sept.
6,
1941,
as
of
Indiana, Central
Co., Terre Haute Electric
Power
Corp.
utility
(effective
Sept.
company
of
is
the
common
for
Indiana,Gas
1945,
located
sold
in
the
State
of
now
standing,
routes
air
shipping
inauguration of
the
United
in
the
States
West
and
services,
interna¬
points served
Indies,
Central
extend from New
York
Lima,
Panama,
and
Antofagasta
Peru
and
and Wash¬
in
and
27
key
shipments
points.—V. 166, p. 1895.
quotations
as
of
Oct.
31, 1947,
its outstanding securities
of
coverage
cony,
this
company
follows:
as
bond
$2,544.9ij
preferred
share
($50
par)
151.52
share
25.36
1523.
p.
Inc.—Earnings1947
1946
$
130,233,694
123.309,861
260,034
2.487,626
3,501,120
3,501,126
profit-,
$0.07
$0.71
charges and tax adjustments.—V. ICS,
Robertsliaw-Fulton
706.
p.
The
directors
Nov.
Controls
Co.—Initial
Dividends—
11
declared an initial
quarterly dividend o£
cents per share on the common stock and
an
initial dividend of
19/24 cents per share on the 434 %" cumulative convertible
preferred
stock, both payable Jan. 1 to holders of record Dec. 10, 1947. The
on
15
pre¬
dividend
covers
two-month
a
period.—V.
166,
1895.
p.
company
250,000
Nov.
on
shares of
capital
underwriting.
165,
filed
7
letter
a
stock,
Proceeds
to
will
of
Dayton, Nev.—Files
notification
offered at
be
be
used
for
50
with
the
cents
mining
a
SEC*
share,
operations.
816.
p.
Rome Cable Corp.—Earnings—
Period End. Sept. 30—
"Net
1,
1945)
and
the
as
principal
&
Water
Co.,
Inc.
(a
in
is
lieu
distribution
of
are
under
program
a
company
being
cash
to
which
distributed
dividends
be
to
and
the
into
$237,426
$554,263
$0.44
$0.58
$1.35
$470,91*
$1.16
"After
depreciation and all charges including Federal taxes.
allowing for dividends 011 4% preferred from date of issuance
and
1946
The
for
stated
are
above
the
same
six
on
stock
figures do
months
basis
items
stated
as
ended
nor have
extraordinary moving
respectively, against which
excluded
number
not include
period
peri»,d in 1946,
of
distribution June
for
of
1947.
profit amounting
copper
Sept.
1 After
July I,
outstanding
shares
common
4,
30,
there been
1947
and
incurred
a
to $87,311
$77,887
deducted $65,900
expenses
for
and
net
after
during
the
periods,'
two
provided in prior years. These?
adjusting for applicable ir.corn<>
EARNINGS
Net
STATEMENT FOR
earnings
Reserve
12
MONTHS ENDING
SEPT.
^
1947
20,
"$1,439,46*
transferred
(consisting of copper profits of $309,423
transferred to
reserve,
less $113,085
for extraordinary
moving expenses charged to reserve provided therefor in
com¬
shares
prior
i
years)
196,338
sold
277,500r shares of common stock
570,948
shares
of
the
reclassified
tho
$53,006
was
reserve
are
taxes.
com¬
the
any
by the company.
the
contemplated distribution, the common stock of
company was reclassified in September 1946 into shares
stock
(par $10).
In such reclassification the then out¬
same
1947—6 Mos.—1946
$186,489
share__
subsidiary).
remaining
ice
manufacturing plants,
Huntington, Noblesville, West Baden and
disposed of to non-affiliated interests.
engaged
Indiana
1947—3 Mos.—1946
earnings
(Earned per
facilitate
Indiana
common
airline's
"After provisions for all
the
in
shareholders in
such
the
Capital shares outstanding—
Earnings per share
Indiana
otherwise
or
Public
international
announced
Airways
3V4 %
following 100 %
operating
prop¬
Indiana), and related assets, and its ice property
to
December
needed
the
of
in
Ind.,
were
stock
mon
Public
Indiana
company's program to
limit
its
operations to
electric
the company sold all of its gas and water
utility
company
The
of
Power
public
1945
(ail located
Sheridan,
of
incorporated in
was
entirely that of producing, purchasing, transmitting,
selling electricity as a public utility.
17,
publf&
ol
&
1,07,922 shs.
is
distributing and
On
a
of
1895.
p.
150.000 shs.
Northern
Dresser
charge
Director
166,
—
"Net
bonds
Co.,
and
company
its business
4
Havana,
cumulative
without
300,000 shs.
2,000,000 shs.
consolidation
Power
Inc.,
The
Rexall Drug,
—V.
issuable under the first mortgage indenture
unlimited, and, subject to the terms thereof and the indentures
supplemental thereto, additional bonds of
any series may be issued.
of
in
been
Nine Months Ended Sept. 30—
is
result
has
I
for
par)
of
per
1584.
p.
.
The
from
incl.__
cents
With SEC—
15,000,000
11,072,000
$100)
He
1945.—V.
Rochester Consolidated Mines Co.,
($48,000,000
(
'62
15
Outstanding
series
(no
amount
May 1,
serially
7.
(par
cumulative
Common
due
166,
Vice-President
June,
its
of
Nov.
trust
166,
ferred
FINANCING
1977-_ j
Nov.
of
19
1975__)
due
debs.,
conv.
unsec.
Deo.
Cuntul,
due Sept.
common
1,
has
company
bends—
3ts%,
Personnel.—V.
service between
market
upon
4%
April
and, upon the
offered, proposes to
Authorized
3(4'',
dividend
credit
agreement.
TO
capacity
on
to
PIA
to
Per
bank
agreement
G
credit
C.,
Per
—V.
seven
of
extra
an
Division.
since
International
collateral
payment
amount
the
express
Per
under
with
for
of
elected
Victor
division
con¬
with
company
provides
been
RCA
the
reports net asset
respect"
to
company,
the
scries
said
the
166,
for
Railway & Light Securities Co.—Asset Value—
Sales
agreement
provides
credit
with
150,000
8,
immediately, the
agency
said, REA
offices
throughout
the
country
are
authorized
to
accept
Based
company
that the
respect
Co., Inc.
Effective
cities
normal
subject to many
conditions
and
costs
credit
a
agreement
Such
with
1.000,000*
companies served by»this corpora?
1947, totaled 248,481,000 kwh., as
the corresponding week la.,t
year,
p. 1895.
Nov.
Director
has
the
for
D.
destined
necessarily
program
provides that any loans
bear interest at 2'/
sale
the
Yantis &
Santiago, Chile.
in
facilities
expectation
and
growth,
years
financing
1947,
any
by
West
for
America.
ington,
requirements
including
estimated
are
Estimates
few
K.
air
South
at
during
installed
general
construction
S.
100,000
1.000,000
ConiDany
operating
directors declared
named
Peruvian
$6,572,000, of which $1,929,000
Total
shall
mortgage
by
the
kilowatts
be
F.
fr
J. Sager, Assistant
Treasurer, has been elected Treasurer.
Dunn, Jr., Personnel Manager of the National
Broadcasting
been
corporation
tional
for the five-year
period can be
becoming available through oper¬
the period, and funds derived from
bonds.
commitment
and
to
the
5,
increasing
boiler
completion
Shields
Communications, Inc.—Official Promoted—
has
this
The
funds
during
with'
and
40,000
for
kilowatts
period
It
hand,
requirements
borrowed
Ind.
increased
1,000,COO
Railway Express Agency, Inc.—Peruvian Agreements-
gen¬
generating
completion
unit' of
system
at
1947.
replacements,
G
the
1,
the
for
scheduled
distribution
five-year
$12,000,000.
quarterly
First
Balance
(
Sl.243,32G^
"Equals
dividend
$3.59
per
share
requirements
of
stock
common
the
after
allowance
the
for
time- the
(no
par)
converted
were
stock.
common
At
thereof.
HISTORY
central
areas.
AND
and
is
territory
BUSINESS—Company operates
southern
located
served
in.
70-
in
portions of Indiana, furnishing
of
the
92
counties
in
the
the
north
electric
state.
a
residential, agricultural and widely diversified
with ho one industry accounting for more than
company's
total
electric
The
revenues.
mining
of
central,
service
The
coal,
of
Aug.
31,
1947, the
sale
to
tions,
one
is
60
37
12
cities,
areas.
municipal
company
towns
th&
utilities,
systems belonging
street railway system.
service
26
to
All
supplied electric service to 265,284
unicorporated communities and
and
Electric
8
rural
other
was
also
electric
electric
electricity
supplied at whole¬
membership corpora¬
utility companies and
supplied
cycle, -alternating current.
The company's electric
system is directly
electric systems of
Indianapolis Power &
by
the
cumulative
convertible
preferred
375.
Romec Pump Co., Elyria,
G.—Files With SEC—
The
for
company
39,700
without
and
for
Nov.
on
shares
(500
filed
7
par)
letter
a
common,
to
underwriting.
Proceeds will
working capital.—V. 151, p.
of
be
Root Petroleum
notification
be
offered
used
for
at
with
$2.75
the
a
reduction
SEC
share,
of
debfe
256.
Co.—Option
•See Pan American Petroleum
&
on
Stock Sold—
Transport Co. above.—V.
166,
59.
p.
Rose's 5,10 & 25-Cent Stores, Inc.—October Sales—
Period* End. Oct. 31—
1947—Month—1946
Sales
—V.
$1,394,741
166,
p.
Safeway Stores, Inc.—Current Sales Up 40.6%—
1947—4 Wks.—1946
s
Sales
the
2,401
Light Co., Lousville Gas &
Electric Co., Cincinnati Gas &
Electric Co., Indiana & Michigan Electric
Co., Northern Indiana Public Service
Co., Indiana Service Corp., Cen¬
tral
Illinois-. Public Service Co.
(an
affiliated company)
and other
utility companies operating within the State of Indiana and states
contiguous thereto.
Substantial quantities of electric
energy are sold
week
corporation
stores
of
last
in
during
operation,
year.—V.
the
four
compared
166, p.
1947—44 Wks.—1946
$
91,879,005
company
with
1947—10 Mos.—1P46
$1,283,050 $11,258,165 $10,727,25*
1523.
Period End. Nov. 1—
The
interconnected
4%
milling
products,
the
transportation
of
and the quarrying and
milling of stone are among the more
important. industries served by the
company.
of
p.
industrial
5%
the
petroleum
As
166,
cn
in
territory
of steel, the manufacture of
automobiles and automobile
accessories,
the manufacture of structural
aluminum shapes,
cement, metal prod¬
ucts.
rubber
products
and
paper
customers in
623
fn adjacent rural
stock.—V.
the
company supplied the Indiana company with additional
capital of $290,524 for which the
company received 29,052 addiitonai
shares of the reclassified common stock.
At Dec. 31,
1946, the com¬
pany's investment in capital stock of the Indiana
company consisted
of 600,000 shares which was
$287,152 less than the cost
also
areas
so
than
more
operating
were
Light
farm
company's
over
Yam¬
1941, the
Butte
company
condemnation
•defending the condemnation proceedings.
For
a
Dec.
and
its
1
all
subsidiaries.
communities
the
taken
were
The
but
within
parent
subsidiaries
rural
small
194.6,
other
on
Co.
The
towns,
10,
County pursuant
District
and
into
other
homes
Wash.,
properties
depreciated
lines
and
Jan.
"Washington, Southern Division.
received
its
farm
1939,
Electric
its
subsidiaries
three
owned
acquired.
serve
cities
business
County,
Hood
from
utility
and
wholly
27,
were
of
Co.)
five
Feb.
On
acquired
operating
Molalla Electric
April,
rmerged into the company.
serves
also
and
10C.000
Co
and
Relations
requirements
on
series
connection
com¬
electric
electric
Noblesville,
factors
terminate
AND
At
Dresser
new
a
near
including general
economic
availability of labdi" and materials.
pany's
BUSINESS—Company was incorporated in 1930 for
the purpose
of
acquiring and operating all of the electric
utility.,
jproperties then owned by its parent
company, Portland Electric Power
•Co.
(Ore.),
originally
incorporated
as
Portland
Railway, Light &
Co.
the
during
uncertain
the
company
business
struction
$5,850,001
res.
taxes
deprec.
on
of
of
40,000
of
generating unit
generating station, the
its
at
Station
is
of
$52,000,000.
nsw
the
sale
and
Nov.
relations
electric
&
Patterson, Copeland &
Kendall, Inc.
Phelps, Fenn & Co
Radio Corp. of America—New
Vice-President—
construction
plans
the
ended
216,339,000 kwh.
(esti¬
required
major
Aug.
construction
ations
unit
and
cash
Rochester
income
has
Co.,
additional
generating
Station
the
renewals
aforesaid
$5,565,174
189,995
Otis
Engineering & Service Corp.—Output—
of
week
with
Ashton
carrying
as
its
construction
an
River
are
initial
to
utility service,
$4,839,020
Alfred
300,000
-Frederick
the
to
proceeds
company
the
RCA
of
substation, and other facilities, the
projects is estimated at $33,393,000,
expended prior to Aug. 1, 1947.
During the
June 1946 to the end of 1951,
expenditures for
to
met
with
White
have been estimated,
prior
company "for
extensions,
at
now
the
in
Ross & Co.—
O'Gara & Co
case.
amount
up
100,000
500,000
Mullaney,
the usual
quarterly dividend of 00 cents per share on
the»
stock, both payable Dec. 1 to holders of record Nov.
17.
This
makes a total of $2.55 for the
year 1947, as against $3.10 in 1346.—
V. 166, p. 1792.
was
improvements
The
766,146
Other income, net
It
of
completing
facilities
Station
these
company
1944
2,212,794
than
income
the
company,
$150,000
Co
Milwaukee Co
common
transmission,
of
$1,105,000
expended
Indiana
Calendar Years
1946
802,562
other
related
of
Edwardsport
extending from
the
a
OF
$16,087,797
Depreciation
Power
each
the
to
expended
the
of
construction
the
on
COMPANY—Company
1,282,072
•of
costs
Edwardsport
additional
be
capital.
6,951,349
Bal.
the
has
by
On
share
like
reimbursement
equal
remainder
applied
boiler
An
ol
was
its
Noblesville-
cost
which
G.
Maintenance
Interest
The
be
future
the
the
at
an
F,
Operation
Gross
bonds,
construction
at
1948.
proposed-
1950,
Series
as
the
located
of
Series
12 Mos. End
-
the
the-Dresser
part
all
Aug. 31, '47
Operating
Net
will
and
unit
the
SUMMARY
eral
projects.
additional
-
be
of
number
stated
of
to
of
exchange
such
Taxes,
G
that
PROGRAM—Present
for
station,
amount
pari.
(approximately
the
of
series
is
as
in
&
prini
by them;
Purity Bakeries Corp.—Extra Dividend of 15 Cents—
the
sinking fund
redemption premium
the
purchased
at
at
to
be
Mason, Moran
The
500,000
output
lor
to
9
named,
the
1895.
increase of 14.9%.—V.
an
redemption
being 4% %
of
upon
Co
p.
compared
optional
fund
above
and
Martin. Burns &
Corbett,
Inc.
/
1.000,000*
1,000,000
Public Utility
company
of
of the plan of reorganization for Portland
Electric
(parent company 1, the authorized common stock of
Portland
Electric
Co.
is
to
be
increased
from
500,000
to
1,500,000*
(no
issued
to
the
of
40,000 kilowatts
erating
166,
Electric
New
whole
a
the
redeemable
fund
proceeds
in
or
as
at
be
apply
1955.
time
any
Inc
Merle-Smith
John
provide
installation
(Under provisions
■shares
sale
$11,064,735)
aggregate
the
Burr,
Illinois
—V.
1
of
plus accrued interest
to
the
Chicago,
premium
also
May
on
option
notice
will
appioximately $4,000,000)
payment
issuance
Power Co.
•General
of
in
the
redemption
CAPITALIZATION GIVING EFFECT
instalments
&
&
The
Further
payable
maturity
at
published
bonds
proposes
amount
CONSTRUCTION
pany
not
236,819 shs.
loan, or of 10'7
or
any
multiple
unpaid
instalments, together with
interest thereon, and
any such prepayments are to be applied
to each of the instalments thereafter
becoming due.
of
ratably
headed
group
program.
1945.
privilege
principal
thereof
accrued
at
at
1952,
+3,200,000
pari
semi-annual
has
$34,000,000
loan
(no
to
dated
tDue
deys'
the
to
time
the principal amount;
such
the
available
1975
3 % '
trust
a
101.625%,
company
prior
to
optional
major construction
credit
10-year
10
Interest
1977.
of
agency
participating banks, which
FINANCING
Authorized
-"(•Capital
30
initial
of
(estimated
time.
CAPITALIZATION GIVING EFFECT
r,
1,
redeemable
PURPOSE—Company
its
date
First
Nov.
from, time
amount;
major
these
the
through the issuance of secu¬
rities in 1948, the amount of
which will
depend on factors not yet
ascertainable but which might be
$3,000,000.
Company expects that
part
Bonds Offered—
—
at
through operation of ihe sinking
redemption premiums, the initial sinking
aggregate
end
It
necessary
in
6
notice
of
on
£>uch
or
be
than
the
principal
reorgani¬
of
1947.
that
dividends,
1948.
the
olfice
part
less
premiums,
due
1947;
the
follows;
as
Equitable Securities Corp. 1,000,000
of Michigan Corp.
350,000
Graham, Parsons & Co.
750,000
Gregory & Son, Inc
750,000
Harris, Hall & Co. (Inc.) 1,000,000
tion
will
in
or
dividends
pay
plan
as
possible out of the funds
hand, as augmented by the proceeds from the sale
of
the
additional bonds when withdrawn from
deposit with the trustee and
by cash expected to be derived from
earnings and from charges to
income for depreciation and other
non-cash items prior
to
the
of
Nov.
made
was
1,
at
1
time
any
mated
Out
Nov.
Nov.
York.
operates
company
$6,049,860.
property
company
program
the
It is expected
requirements of
now
bonds
capacity-at
required
stock
current
and
compnay
subsidiary
the
of
purposes.
construction
mated
State
is
of
will
be
deposited immediately with
the
trustee
Company intends
to
withdraw
approximately
deposit on the basis
of> property additions made
during the period from March 31, 1945 to Aug. 31;
approximately
Sept. 1, 1947.
to
to
amount
area
company
subject
of
an
the
Portland
of
Holding Company Act
in
the
a
that
be
to
Company
in
Power
the
is
Dick
$1,555,722
1055.
by Halsey, Stuart & Co. Inc., received the award on Nov.
3 of $15,000,000 first
mortgage bonds, series G 3Vs %, due
Nov.'1, 1977, on its bid of 101.0799%.
Public offering
such
general
The
which
expected
cease
by
Bonneville
in
subsidiary
a
subsequent to Aug. 31, 1947.
eral
generated
the
Company
is
then
proceeds
thereafter
the
1944
$904,135
are
Halsey, Stuart & Co. Inc._$3,000,000
A. C. Allyn &
Co., Inc._
750,000
Auchincloss, Parker &
Redpath
500,000
Subs.)—Earnings—
1946
Public Service Co. of Indiana, Inc.
mentioned in our issue of Nov.
of
of
some
agreed
respectively,
mortgage.
of
company
time
of
part
1930.
service
counties
seven
territory
725,000.
will
Utility
1947, and expects
to
in
25,
electric
$6,000,000
the
$3,500,000
by the
at
Co.,
it
PURPOSE—Net
proceeds
in
the
cease
that
Public
is
of
estimated
Electric
miles
principally from
population
July
Oregon
with,
First
1,
furnishing
square
energy
purchased,
The
in
utility,
exchanged
or
PURCHASERS—The names of the several
purchasers
cipal amounts of (he series G bonds
Coffin
taxes
upon
COMPANY—Incorporated
an
from,
utilities.
details follow:
Further details follow:
purchased
purchased
chgs.
166, p.
(1997)
to,
1,500,000
Sept. 30—
"Loss.—V.
166,
General Electric Co.—Bonds Offered
•—As mentioned in
be
the
$4,500,000
As
Portland
to
and
Hutzler
Steel
profit
and
1055.
p.
additional
underwriter
$1.48
income
Earnings
the
of
principal
1895.
p.
9 Mos. End'.
Net
$
67,075,872
sales
&
166,
Pressed
s
each
CHRONICLE
Company Inc
1947—9 Mos.—1946
$
Net
amount
follows:
as
FINANCIAL
of
principal
are
Bros.
Pittsburgh Plate Glass Co. (& Subs.)—Earnings—
Period End. Sept. 30—
&
name
Salomon
—V.
50.
p.
COMMERCIAL
$
65,354,639
weeks
with
ended
2,418
s
930,970,101
in
Noffc.
1,
690,252,21*.
18*7
had
ih'iP^correspt ading
1584.
Schenley Distillers Corp.—Offer to Logansport Stock¬
holders—
See
Logansport Distilling Co.,
Inc., above.—V.
166, p.
1895.
.
£
10
1523.
p.
Security Banknote Co. (Pa.), Phlia.—Merger Approved
this cor¬
poration with and into its wholly owned subsidiary, Security Bank¬
note Co. of Delaware, which would be the surviving corporation.
The
The
stockholders
6
Nov.
on
effective
15,
Nov.
value preferred stock of the Delaware
company in exchange for each of the 141,082 shares
($5 par) com¬
mon stock of the Pennsylvania
corporation, which included 900 shares
held in the latter's treasury.—V. 158, p. 94.
cumulative
$1
dividend
$1
and
Nov.
on
usual
the
declared
11
dividend of
quarterly
dividend
extra
an
PURPOSE—The
cents per
40
of
cents per share
40
the
on
stock, both payable Dec. 8 to holders of record Nov. 28. This
brings the total in 1947 to $2 per share.
Payments during 1946 were as follows: March 6 and June 5, 50
cents each;
July 1, 100%
in stocks; Sept. 6, 30 cents; and Dec. 9,
30
cents, plus an extra of 70 cents.—V. 166, p. 707.
par
Standard
(Ohio)—Stock Sold—The company
a new issue of 584,117 shares
Co.
Oil
Nov. 7 that of
announced
offered to stockholders, 565,96.8% of the total, had been subscribed
through the exercise of rights. The remaining 18,655
shares were bought by an underwriting group headed
by F. S. Moseley & Co. and have been sold privately.
See also V. 166, p. 1932.
of
stock (par $10)
common
462
shares,
or
Signode Steel Strapping Co.—Earnings—
1947
$201,439
$0.46
1946
$137,454
$0.29
1947
$9,452,311
1,139,444
57,011
1946
$6,410,118
442,456
426,750
181,300
$655,683
$261,156
$4.94
$0.44
Three Months Ended Sept. 30—
Net earnings after
taxes and charges
Earnings per common share
Nine Months Ended Sept. 30—
and
Sales
operating
revenue
Earnings
before Federal income tax
Development project, abandoned in third
for Federal
Provision
quar.
tax
income
Earnings
Earned
per
Earned
per
On
share of preferred stock
share of common stock
15,
Aug.
ferred
1,715 stockholders owned 51,873 shares
shares of common stock.—V. 166, p.
1947,
and
stock
Stanolind Oil & Gas Co.—New
of
pre¬
Donald
Dr.
intendent,
Chemical
handle
all
Immediate
be
Nov.
and marketing in the field of chemicals.
concern the large
amounts of chemicals which
problems
gas.—V.
1
stock
166, p.
holders
to
of
the
record
of
Nov.
five-cent
a
last
five
dividend
The
17.
increase
quarterly
the
on
common
distributed
40-cent
rate
166,
the
over
p.
Sladen Malartic Mines,
following is
current year,
with
shs.
Earns,
$0.83
$1.01
$2.65
"After
all
and provision for Federal and foreign
taxes ($7,009,212 for the nine months ended Sept. 30, 1947).
the
V.
figures
comparative
the
for
previous
quarters
48,672
53,680
Mar. 31,
1947
57,305
$144,128
$171,978
3.20
3.14
2,938
3.47
2.98
28,193
862,495
867,138
milled
Total income
Recovery
ton
per
Operating
cost
Operating
Net
Nov.
On
$199,100
2.96
3.41
Quarter Ended—
ton
per
"22,077
profit
8'52,895
assets
current
"Loss.—V.
June 30,
1947
165,
.
2457.
p.
used to retire short-term notes in the amount of approx¬
imately $500,000 and the balance will be used for net
working capital and capital improvements.
Socony-Vacuum Oil Co., Inc.—15-Cent Extra Div.—
directors
Nov
and Sept.
declared
5
dividend
extra
an
regular
quarterly dividend of
capital stock, both payable
Payments of 20 cents each
14.
15, last,
distributions
Nov.
on
the
outstanding
of
and
25
of 25
made
Dec.
15
cents per
per
share on
holders of
15 to
made on
were
June
14
1947.
Last year,
Sept.
14
and
15,
March
on
of
cents
20
March
cents on
were
one
cents
the
been
NINE
FOR
15,
SEPT.
ENDED
MONTHS
30
earnings
Earnings per share
NOTE—The
of
F.
the
above
Floyd
D.
said
on
radio
introduced
models
duiing
great
so
deliveries
and
Masters,
the
at
first
166,
net
-
profits
the Standard
include
the
corporation's
Oil
Standard-Vacuum
in
Co.
Oil
Co.,
not
do
(New Jersey).—V.
jointly
SEC
covering
cumulative
$100).
of
month
this corpora¬
of
that
sales
introduced
running behind
corporation's Radio
offered
that
of
the
Oil
44,747
50%
owned
interest
second
Dillon
&
The
heads
Co.
Oil
of
the
extent
the
cash
The
stock
of
Its
$12.50
shareholders
by
company
of
par
4y2%
new
preferred
Sunray's
of
prior
outstanding
will
merger
the
will
sell
The
Sunray.
and
also
of
each
series A,
depending
of
be
upon
Water
There
Associated
1,923,447 shares of Tide Water
pursuant
to> a
were
request
company
stockholders
offer "all or., such part of their respective shares
par), as they are interested in selling at such price as they
deem proper."
The offer expired November 7.
($12.50
may
The
had
company
planned
purchase
to
not
more
than
200,000
funds,
will
■stock,
to
July 1,
each
share
no
six
4 V* %
of
converted
be
will
out¬
into
into
in
change
Oil
Co.,
owned
now
$25
at
sale
Tide
the
of
bank
10-year
of
Water
its
outstanding
Southern Colorado Power
Electric
totaled
output
of
this
2,56'8,000 kwh.,
amounted
to
16,099,498
sponding week last
for the week ended Nov. 8,
with 2,259,000 kwh. for the
company
year,
14.6%.—V.
increase of
an
166, p.
of
will
acquire
and
11,254,000 barrels
1946
1947,
corre¬
1896.
the
1946
The
certificates,
received
City.
is
company
series
before
Proceeds
gram.—V.
asking for bids
W, maturing Dec.
will
166, p.
$14,500,000
first
which
equipment
be
24.
at
applied
1,
Room
1948-57.
2117,
toward
a
bids
All
trust
must
be
165 Broadway, New York
$21,785,790
equipment
pro¬
1828.
10 Days
Period—
(est.)
Jan. 1 to Oct. 31
1946
$8,603,818
1947
1947
—V.
majority
10,576,000
1947
recently
reiinery
$1,275,000
interest,
in
the
total
a
5,579,881
1947
$
5,812,037
9 Months Ended Sent. 30—
now
all
charges and
outstanding.
tEased
1946
1945
$1,518,228
$1,183,452
t$2.01
Federal
on
Standard Oil Co. of
Period End. Sept. 30—
t$1.10
f$2.67
taxes.
459,160
tBased
shares
in
on
1,377,480
1345.—V.
166,
shares
p.
1524.
1947—3 Mos.—1946
Gross
operating income 140,322,873
Operating charges
99.142.609
Deprec., depl. & amortiz.
11,160,169
recent
eight months
of
this
year.
of
oil
7.672,000
Assets
in
the
first
War
at
Administration
price
a
balance
of
being
the
$5,100,000
1947—9 Mos—1946
$
$
payable
in
oil
of
and
about
1,446,000,000
Mcf.
Corp.
Offered—A
Chemical
of Houston.
Sale of Bonds
99,946,740 372,542,941 263,599,148
to
Bank
Trust
&
Co..
New
York,
and
City
Registrars: Central Hanover Bank & Trust
National
First
Bank
in
Houston.
Privately—Simultaneously with the sale
the
80,283,710
51,117,471
"1,742,872
950,663
1,005,614
6,745,979
Aetna
31,091,811
21.940,378
82,977,245
debt
255,431
203,981
732,665
58,869,064
678,606
Prov. for Fed. taxes (est.)
5,100,000
15,700,000
9,200,000
70,227,745
260,118,483
183,599,399
10,079,503
32,140,748
28,882,278
30,020,095
first
John
income
4,000,000
Life
Insurance
Hancock
$2,500,000
Co
Mutual
Life
Insurance
Co
5,500,000
Massachusetts Mutual
Life
Insurance
Co
2,000,000
Metropolitan
The Mutual
Life
Insurance
Life Insurance
36,000,000
Co
Co.
of
New
New
25,736,389
Net
income per
"Excludes
sjhare_.
dividend
of
,ju$1.98
$11,117,365
17,736,397
,
66,544,580
$5.12
.f.:i$l;37
revived
48,990,458
in
March,
$3.77
from
Arabian American' Oil Co., less provision
oF'$667,000 for Federal income
,&ax thereon, or a net of $10,450,365. ' Thi&!amount will be included in
the company's annual statement of income !for 1947.—V.
166, p. 1396.
,
1947,
England Mutual Life
Insurance
New
York
The
Northwestern
York
5,500,000
Co
Life
Insurance
The Penn Mutual
Mutual
Life
the
cost
Life Assurance Co.
The
Travelers
Insurance
at the time
simultaneously pay
company
will
FINANCING
TO
Life
Insurance
period,
total
the
Co.
of
of
America
Canada
Co
of
$120,000,000
4,600,000 shs.
shares
250,000
from
such
of
needed
ties
(no
par)
offered represents
shares
be
to
into
entered
such
issued
1,050,000
and
bank
a
loan
sold
by
agreement
to $10,-
up
1949.
30,
additional
as
The
work
be
may
continued
the
If
of
the
lines
the
on
in
necessary
operation
$21,500,000
system to
is
and
the
that
at
the
delivery
represents
cost
opinion
the
of
the
of
capacity
estimated
re¬
under
that
as
the
funds
much
as
from
under
the
provide
required
opinion
which
the
first
option,
service
complete
to
the
of
the
sale of
term
Us
under
the
under
one
amount
if exercised
in
both
options,
construction
bank
new
will
and
1949,
together
after
full,
the
for
be
may
estimated
be
may
which
as
the
with
to
proceeds
set
forth
the
construction
the
sinking
facilities
of
fund
to
payments
due
bonds.
REVENUES AND EXPENSES—Company
transportation and sale of natural gas in interstate
subject
working
net
manner
ESTIMATED
therefore
the
the
the
company can borrow under
provide the cash required for
to
(including
supply) and
of
on
in
operations
the
sufficient
program
sources
from
applying
stock
common
funds
be
of
have
will
bonds
loan
during such period
the
both
or
called
program
the funds available
company,
company
the
construction
obtain
service
maximum
all in 1948, and the cost of providing service
option, if exercised in full, may be as much as
1949.
Accordingly, if the maximum additional capac¬
above, and the additional
the
provision
which facili¬
the
during the period prior to the end
capital
supply,
$30,500,000.
the
In
the
to
$3,000,000
a
gas
later.
or
provide
to
up
increase
for
natural
1950
$3,000,000,
second
$6,000,000, all in
ity is required to
total
required
to
except
of
until
delivery capacity of its pipe line
than 433,000 Mcf of natural gas per day. The
company
the cost of the equipment and construction
required to
for service
much
1949,
sources
options
have
more
estimates
provide
will
new
constructed
company
it
of
end
obtain
be
consolidated
thereby,
as
the
to
to
the
regulatory
Commission, which has jurisdiction over
the rates
is
engaged
in
and
commerce
the
of
powers
Power
be charged
to
Federal
by the
company.
The FPC has made
the
company
the
or
cisions,
the FPC
companies to be
natural
determination
no
allowable
has
original
to the
the
most
annual
plus
return
the
rate
original
base
cost
to
construction
433,000
the
as
it
of
Mcf
of
and
which
expenses
after
the
are
working
company
after
but before interest charges)
and
that
the
proposed
additional
rate
Estimates
applicable
the
to
facilities
to
efficient
an
on
basis
by the company
first
period
of
of
assure
will
revenues
12
months
delivery capacity of 433,000 Mcf per day is available, assum¬
operates at a load factor of
95'%, would result in a
system
return
annual
rate
of
annum
than
accordance
such
return
6%
of
the
amount
an
be
of
used
base
FPC
that
on
were
and
rate
if
base.
by at least $1 500 000 per
$169,000,000 previously mentioned.
to
value
a
be
acquired
which
useful
or
rate
the
of
annum
exceed
properties
and
the
if
decisions
per
6%
the
on
allowed
recent
to
would
of
certain
in
would
with
limited
were
return
a
Moreover,
ment,
de¬
presently planned delivery capacity
that
at
gas
expenses,
company .estimates
the completion of its
provide
to
deliveries
for
natural
a
operating
taxes
on
the
approximately $169,000,000.
recent
The
property
reach
day
per
continuation
its
to
program
In
allowance
involving
(after
determined.
so
thereon.
base for
the
reasonable
case
depreciation and provision for income
on
return
rate
proper
base of other
natural-gas
property used or useful in
first devoting such property to that
6%
of
the
rate
of
a
recent
to
as
of
the
cost
person
depreciation,
in
rate
determined
the
service
gas
in
the
natural
the
from
Govern¬
cannot
company
now-
operations.
Com¬
pany is unable to state the effect which
any determination by the FPC
with respect to rate base or
allowable rate of return will have UDon
its earnings.
*
company
natural
station
gas
gas
expects
per
facilities
to be delivering
approximately 265 000 Mcf
day prior to Dec. 1, 1947. As additional compressor
installed
the
system delivery capacity will pro¬
gressively increase and is scheduled to reach the
presently planned
delivery capacity of 433,000 Mcf per day by Aug. 1, 1948. Certain of
the company's
buyers are required to construct certain facilities in
order
to
take
company.
are
the
full
quantities
Company's
contracted
and
revenues
delivery capacity of 433,000 Mcf
marily on the rate at which the
and
certain of
Based
has
computed,
sales
gas
without
allowance
each
construction
in
accordance
customer
and
would
that
assumes
433,000
(which
95%
Mcf per
ing contracts
takes
under
is
existing
the
of
the
the
portion
day which
will
be
sold
contract
contracts
for
increased
the
rates
provisions
of
gas
the
unable
repre¬
day,
per
the
the
re¬
of
provided
terms
is
at
rate
the
not
an
at
sale
a
of
of
its
annum.
the
of
100%
gas
for
rate
load
of
sale
The
total
committed
average
contract
the
from
of
required
sales
to
be
contracts
to
taken
and
95%
26.94
average
paid
the
of
natural
the
gas
figure also
cents
per
factor established
an
(or
in
of
latter
delivery capacity of
delivery under exist¬
1,040 BTU per cubic foot in the Appalachian
area).
the contract customers of the
company should take
amounts
company
no
scheduled.
as
therein, but
possible adverse regulatory action, and
assuming
to it,
that the revenue
approximately $41,700,000 per
be
be
with
the
at
available
gas
program of the
the company makes
will
delivery capacity of 433,000 Mcf
contracts
for
be purchased from the
prior to the time the
is reached, will depend pri¬
day
capacity
planned
to
expenses,
per
its buyers progresses and
the delivery
the
on
company
that
that
be
3,500,000
to
that approximately two-thirds of the
to complete this program will be needed prior to
that most of the balance of such amount will
and
prior
not
may
under
2,500,000
$1)
(par
outstanding com¬
shares
(no
par).
The
to be outstanding upon
1,050,000
estimates
required
taken)
36,000,000
amount
shares of
150,000
now
has
facilities
1948
should
2,000,000
.
the
into
stock
to Nov.
company
amount
end
18,000,000
5,000,000
Co
Co
Outstanding
maining cost of purchasing and installing the facilities and completing
the other conversion work,
assuming the company is not required to
provide service under the consolidated options.
Although contingencies
may
arise which would extend the construction work over a longer
1,500,000
Co
-
Insurance
The Prudential Insurance
Sun
con¬
FUNDS
additional
spective
276,627
income
long-term
time
any
sentations
and
for
REQUIRED FOR CONSTRUCTION PROGRAM
•—Company estimates that, in addition to approximately $3,500,000
which it will have spent
by the time it acquires title to the Inch Lines*
it will need a total of
approximately $21,500,000 to bring the delivery
capacity of the lines up to 433,000 Mcf of natural gas per day and to
of
2,024,259
on
at
The
above.
stockholder.
York,
the
EFFECT
3,550,000
LOAN—Company
ADDITIONAL
and
19,639,492
Int.
000,000
10
banking syndicate headed by Dillon, Read & Co. Inc. on
Nov. 12 offered 3,564,000 shares of common stock (no
par) at $9.50 per share.
The issue was oversubscribed.
Of the shares offered 3,550,000 are being sold on behalf
of the company and 14,000 shares on behalf of a selling
Co., New
be
will
available
series
stock
the
determine, will not be
$
to
company
increased
and
common
with
approximately 226,000,000 barrels
of natural gas.—V. 166, p. 1828.
agents:
or
requirements.
6,000,000 shs.
was
common
Furthermore,
Bank
pay,
$3,399,649,
be
corporate
bonds
GIVING
par)
of
the
of
together
BANK
be
of
Walnut
will
to
company.
of
845,825
Total
the
of
barrels.
the
from
and
completed.
&
and
other
such
reclassified
shares
sale
shares,
an
225,891
___
income
misc.
the
(no
were
allowed
study
Broad
and
par)
by independent engineers shows that the combined
Sunray and Pacific Western were about 202,192,651
barrels of crude oil, 17,708,748 barrels of condensate and other liquids,
and
598,650,000 Mcf.
of
natural gas.
Skelly has net reserves of
See
out¬
all
amount
used
approximately
funds
general
return
company
shares
return
reserves
to
will be
may at any one time be outstanding under the mort¬
to $300,000,000.
tOn Nov. 7, 1947 the authorized capital
in
National
'
Operating income
the
stock
less
underwriters of the common stock $120,000,000
mortgage pipe line bonds, 3J/2% series due 1962
were sold
privately through Dillon Read & Co. Inc. to
the following institutions:
Other
which
of
the
Transfer
California—Earnings—
$
Dividends
bonds
gage is limited
and
first
Sylvania Hotel, Philadelphia—Sold at Auction—
1947
share
to
(no
determined
S
$2,769,342
profit
"After
stock
capital,
the
for
1946
$
247,018,369 234,134,510
Square D Co.—Earnings—
Earnings per common
tCommon
ing the
higher
been
as
States
"Inch
$120,000,000
service,
and
crude
of
Duncan, Okla.,
been
paid, the
has
used
be
United
of the
the
price
principal
at
$828,351
1962
eight
first
barrels
acquired
near
purchase
repay
mtge. pipe line bonds 3V2%
due
Skelly Oil Co., in which
produced 13,598,000 barrels
barrels,
barrels.
Texas Eastern Transmission Corp.—Stock
•Net
a
Jan. 1 to Nov. 7
1946
S
earnings (est.)-.
166, p. 1828.
1946
$8,023,789 $241,206,332 $228,554,629
7 Days End. Nov. 7
Gross
10,812,336
a
at
capital
agreed
instalments.
This plant when rearranged for peacetime
operations will have a crude oil throughput capacity of approximately
18,000 barrels daily.
A six-inch oil and products pipe line to the
refinery at Allen, Okia., a distance of approximately 93 miles, has
net
End. Oct. 31
1947
earnings
with
equal annual
A
Southern Ry.—Gross Earnings—
Gross
has
recently
Nov.
noon
on
was
Skelly processed
eight months of
Beckett
Equipment Issue—
on
together
from the sale of the
company's general
Sunray processed about 3,540,000 barrels of crude oil and in
eight months of 1947 about 3,060,000 bariels.
In
1946
Sunray
Southern Pacific Co.—Bids
1947
to
pay
Authorized
the
from
used to purchase shares of Pacific Western capital
$20,000,000 Sunray^s 20-year 27/s% debentures, due
1033/4, dnd: to repay $9,000,000 1%% promissory note.
crude oil production of Sunray
and Pacific Western for
1946
year
In
registered
proceeds
cash
be
months
1828.
Co.—Weekly Output—
compared
as
166, p.
loan,
redeem
in
stock.—V.
common
securities
and
Sunray
shares of
the
on
amounting
company's
working
CAPITALIZATION
share,
per
by Pacific Western and
1966, at
Combined
the
to
1
stock
common
the
to
total purchase price is
$143,127,000, of which $5,100,000 has
paid, $5,000,000 in the form of U. S. Treasury Bonds. The Gov¬
"1st
is
from
used
the company
acquires title and the
$143,027,000 to the Government.
share
one
converted
will be
Sunray
Sunray.
stock.
by
capital
of
$100);
(par
will
outstanding
of
of
filed
Pacific Western accept
made by Sunray.
be
Sunray
Mission
of
Pacific
number
be
will
250,000,
of
to
of
in Sunray's ownership of approximately 59%
Skelly Oil Co. Upon conclusion of the merger
of
Tide
to
rate
Eastman,
merger
outstanding shares
converted into 7/10ths of
and
common
result
stock
common
Sunray
stock,
(par
dividend
that
stock
preferred
the
of
issue
1947
amendment.
which
which is
stock
common,
into
112,500
be
preferred
capital
of
Sunray
share
The
prior
share
of
of
the
proposed
issued,
provides
will
and
by
stockholders
share
per
the
Corp.
be
minority
$68
filed
with
Mission
to
be
with
new
a
series
underwriters.
of
between
vary
which
of
will
group
merger agreement
of Pacific Western
$14,000,000
stock
common
the
for facilities
statement
and
stock,
debentures
the
connection
and
debentures
preferred
stock
preferred
will
to
offer
standing
of
a
in
Corp.
second
of
rate
registration
a
20-year
second
preferred
financing is
amendment,
the
166, p. 1724.
Co.—44,747 Shares Tendered—
shares
balance,
to
ernment
the
1932.
p.
tiled
12
$40,000,000
convertible
The
the
Nov.
on
will
"The
been
be
Proceeds
South Penn
The
finance
Mission.
A-total
(4)
added
such
Co.
are
the
of
by
radios were
present
Manager
Sales
Nov. 8.—V.
company
be
due
estimated
company to assure the
on
an
efficient
basis.
new
been
balance
amount
struction,
&
Sunray Oil Corp.—Registers With SEC—
The
one
$66,000,000 $36,000,000
$2.12
$1.12
(est.)
earnings
An
Chair¬
Becker
G.
5,000
for
board
Vars,
A.
Corp.—Orders Exceed Deliveries—
for
exhausted
cumulative
1946
1947
Consolidated net
Share
demand
has
the SEC
with
Addison
through
of
market
at
inventory built up in September before the
shares
RESULTS
With
in¬
an
1946.—
2804.
p.
approximately
to
stock
and
permitting the company under certain conditions to borrow
$98,448,582,
were
filed
was
behalf
on
sold
be
165,
fall
this
tion
has
shares
14.
Dec.
stock,
will
Stewart-Warner
Western
the
notification
letter of
a
Consumer
orders,
with institutions pur¬
chasing them for investment $1,000,000 3V2 % serial notes.
Dated Oct. b, 1947; due Oct. 1, 1967. Proceeds will be
record
1947
of
Smith Lumber Co.—Notes Placed Privately—
(W. T.)
and
months
nine
the $90,850,993 for the comparable period of
common
agent.—V.
as
Marx & Co. have placed privately
The
5
of
Stock
man.
Division,
share
first
over
amounting
bonds
reim¬
burse the company on account of
payments made since Aug. 31, 1947*
for legal
and engineering
fees and other expenditures in connection
with
organization, interim financing, clearing and acquiring titles,
proceedings incident to obtaining necessary governmental permits, and
plannng the construction program; and
income
1932.
p.
shares
Sept. 30,
1947
$2.96
Sterling Engine Co. Buffalo, N. Y.—Files With SEC—
of
year:
Tons
166,
the third quarter of the
for
the
the
will
$8,350,000 will be used to
standing notes of the company;
4,600,000
la47—9 Mos.—1946
$3,918,546 $10,313,693 $11,439,207
3,747,667
3,764,248
3,747,667
sh
charges
for
(net)
(2)
mon
com.
of 8.4'%
the
principal
(& Subs.)—Earnings—
$3,230,455
3,764,248
outstdg
per
Sales
Ltd.—Earnings, Etc.-—
operations
of
report
a
Government
of
$11,124,258 $10,524,902
1947—3 Mos.—1946
profit
Com.
proceeds,
of
"Additional bonds in one or more series (other than the 3%% series
due 1962) may be issued under the
mortgage securing the bonds sub¬
ject to the restrictions contained therein.
The total
1725.
p.
net
sale
Lines";"
stock
Period End. Sept. 30—
Net
crease
The
$1,311,261
$1,257,747
166,
from
1947—10 Mos.—1946
1947—Month--1946
sales
—V.
gasoline
of
Sales Higher—
Sterchi Bros. Stores, Inc.—October
1724.
periods.—V.
synthesis
the
1620.
Period End. Oct. 31—
Net
Co.—Dividend Increased—
6,
represents
each
in
in
by-products
as
the
$138,027,000
6,000,000
the directors declared a quarterly dividend of 45 cents
per share on
the common stock and the usual quarterly dividend
of 97 Vs cents per share on the 3.90%
preferred stock, both payable
Dec.
(1)
development
956.
367,600
Sioux City Gas & Electric
the staff of this company as Super¬
Department.
He was formerly Director
U. S. Industrial Chemicals, Inc.
Department has been created by Stanolind
total
from
of
Sterling Drug, Inc.
On
Appointment—
joined
Products
Products
produced
natural
has
Development
Chemical
The
to
Zink
G.
Technical
of
will
$12.64
$1.52
$150,605,000
follows:
(3)
the consolidation of
approved
1947.
The merger argreement, among other things, provided for the issu¬
ance
of two shares of $2 par value common stock and one share of
became
merger
directors
The
share
Monday, November 17, 1947
common
1,462,171,609 1,189,148,986
171,577,953
205,979,263
166,
$
$
$
$
Sales
1947—9 Mos.—1946
1947—Month—1946
CHRONICLE
FINANCIAL
&
(A. E.) Staley Mfg. Co.—Extra Distribution—
Sears, Roebuck & Co.—October Sales 20% Higher—
Period End. Oct. 31—
—V.
COMMERCIAL
THE
(1998)
in
Mcf
the
heating value of
In
the
event
that
only the minimum
for, whether or not
event
that
the
company
sell any of the
remaining gas available at the
planned delivery capacity, the revenue from the sale of natural
would be approximately $32,000,000 per annum.
above
gas
The
from
company estimates
the lease of certain
that it will receive non-operating revenues
properties. Revenues presently derived from
Volume 166
covering
leases
ehort-term
portion
a
of
properties
such
the
at
are
the cost of
gas purchased for resale, compressor station power and fuel, and other
usual pipe line and compressor station operating and maintenance ex¬
penses, taxes other than income taxes, and administrative and other
general expenses.
On the basis of the above delivery capacity of 433,000 Mcf per day and assuming the above 95% load factor, the company
estimates
that
total operating expenses
(excluding depreciation, in¬
terest charges, income taxes and provision for unusual contingencies
such
as
loss due to pipe line ruptures)
would amount to approxi¬
mately 49% of its revenue from the sale of natural gas. Assuming the
above-mentioned
minimum sales
of
gas,
the company estimates the
lotal operating expenses would be approximately 47%
of revenue from
the sale of natural gas.
Included in such estimated operating expenses
are
allowances for the cost of gas purchased for resale,
amounting
to $9,780,000 and $6,980,000, respectively.
The company has computed
this cost at 7.6 cents per Mcf, being the weighted average of the cost
of gas during the first
five years under its gas purchase contracts.
Certain of such purchase contracts provide for reservations of gas for
other purposes and provide for increased cost of gas after the first
five
to provide for depreciation at a rate of 3%
depreciable
months
12
(without
available
tion)
and
shown
after
per annum
account.
plant
shown
estimates
The
of
above
the
intended
are
allowance
apply to the first period
to
capacity of 433,000 Mcf per day is
possible adverse regulatory rate ac¬
delivery
for
not intended to apply to any later period. The estimates
not reflect the effect on revenues or expenses if the
are
above
do
required to provide service under one or both of the consolidatd options;
but the company has made studies which indicate
that if such service is provided in full, the excess of revenues over
Earnings
operating expenses would be greater than indicated above.
may be adversely affected by, among other things, adverse changes in
economic conditions, increases in the cost of purchased gas or in other
operating expenses, or a reduction in the sales price of gas or changes
is
company
in
the
terms
invitation
such
of
sales.
bids
and
letter
the
with
intent,
terms
the
the
the
of
WAA
paid $100,000
bid, $1,000,000 at the
time it accepted the letter of intent and $4,000,000 at the time it took
possession of the Inch Lines under the interim lease.
These payments
aggregating $5,100,000 are on deposit with the Government and will
be applied against the purchase price of $143,127,000.
the
to
for
Government
period,
other
to
AND
sell
of
time
the
at
submitted
it
company
its
officers
E.
director;
J.
Herbert
Holley
UNDERWRITERS—The
the
stock,
common
the
to purchase,
agreed
In
per
000
per
from
annum
Manu¬
construction loan at
up to $3,000,portion of the cost of the interim
for
arranged
company
from Manufacturers Trust
made available
was
3%
at
notes),
subordinated
6%
station
finance
to
construction
a
a
whereby
Co.,
was incorporated in Delaware Jan. 30, 1947.
submitted a bid for the purchase from the
"Big Inch" and "Little Big Inch" War Emer¬
BUSINESS—Corporation
In
the
February,
U. S.
Company
the
127,000,
In
on
accepted,
title
to
the
time
be
with
lines
the
of
for
used
with
the
all
related
successful
letter
a
facilities
bidder,
intent
of
and
which
and
properties.
issued,
WAA
provides
the
for
and
pur¬
Inch Lines by the company.
The purchase price is $143,which the company has made payments totaling $5,100,000
accordance
the
together
designated
was
company
chase of
the
of
Lines,
Pipe
gency
the
company
Government
the
letter
intent.
of
The
will
company
acquire
paying
the balance due on the purchase price at
it of the securities now offered. The lines will
transportation and sale of natural gas at wholesale.
by
sale by
the
The
Big Inch line consists primarily of a 24-inch transmission line
extending approximately 1,254 miles from Longview, Texas, to Phoenixville, Pa., approximately 22 miles northwest of Philadelphia, and two
20-inch
phia
lateral
lines,
and
area
the
Inch
extending from Phoenixville to the Philadel¬
Phoenixville to the Linden, N. J. area,
one
other
from
miles southwest of New York City.
The Little Big
consists primarily of a 20-inch transmission line extending
approximately
line
12
approximately 1,479 miles from Beaumont, Texas to the Linden,
for
transmission
The
area.
most
the
part
lines
on
connect
Ark.,
Little
Rock,
right-of-way
common
a
Little
at
from
(N. J.I
and
run
Rock
to
Phoenixville.
The
for
S.
Lines
and
during World War II
products by the
petroleum
about
140,000
cubic
thousand
operation
the
operating without
to the Appalachian
commenced
company
temporary lease,
the lines were
facilities and had a delivery capacity
compressor
of
the
used
and
petroleum
of
When
the
under
area
constructed
were
transportation
Government.
lines
feet
of
(Mcf)
natural
of
gas
per
The company has since installed certain compressor facilities and
day.
expects
to
Dec.
approximately
delivering
be
Mcf
1947.
1.
265,000
433,000 Mcf of natural gas per day by
serve
the Appalachian and Philadelphia
Since
JLines
day
per
prior
to
Company is proceeding to install additionaj compressor
designed to increase the delivery capacity of the lines to
facilities
May
the
1947,
1,
under
Aug.
principally
1948,
1,
to
areas.
has been in possession of the Inch
company
lease from Reconstruction Finance Corp.
and has been operating a substantial portion of the properties for the
transmission and sale of natural gas.
During the period of operation
under this interim lease,
the company has been purchasing natural
temporary
a
gas under interim contracts and
allocation
tion,
of
of
the
issued
orders
distribution
in
has been selling gas in accordance with
the FPC
by
the
to
Appalachian
companies for, with
At
area.
about
or
one
the
excep¬
time
that
are
of
shares
Read & Co. Inc.—
Abercrombie
A. C. Allyn & Co.
Auchincloss,
50,000
title to the*Inch Lines, the interim arrangements
purchase and sale of gas will terminate and the company will
purchase and sell natural gas under contracts.
M.
In
all
of
Mcf.
of
sales
its
for
has
company
433,000
its
been
requirements,
after
station
the
on
allowing
fuel,
the
on
and
intends
requirements.
gas
daily
gas
contracts,
compressor
purchasing
natural
natural
the
In
to
for
company
line
to
basis
losses
estimates
continue
order
measurement
purchase
gas
basis
measurement
ditions
382.000
at
un'ess
chase
the
contracts
total
Mcf.
certain
meets
company
provide
day.
per
the
company,
price
increases.
the
upon
50,000
Laurence
&
Marks
M.
Mason-Hagan,
A.
10,000
L. A.,
Leary
&
Co
&
Inc.
Co
5,000
20,000
—
&
7,50o
Co._
Co
Mead,
50,000
30,000
—
pur¬
with
daily
quantity of 311,700 Mcf., computed on the basis of a
total daily purchase requirement of the company of 382,000 Mcf.
Cer¬
tain of the contracts provide, subject to the terms stated, additional
daily deliveries to be made at the option of the company so that,
including such optional quantities, the purchase contracts provide the
a
company
with a maximum total quantity of 480,730 Mcf. per day
computed on the same basis.
The actual daily quantities delivered to
the company will depend on, among other things, the sellers' ability to
deliver gas in
the quantities specified in their respective contracts,
to the
pursuant
The
terms and provisions thereof.
has entered into seven 20-year
company
which
provide,
capacity
of
its
subject
pipe
lines
to the buyers constructing
of
approximately
company's
of
value
follows:
Corp.;
65,000
.
the
in
|o
417.000
estimate
150,000
Miller & Co
Pierce,
Fenner
&
Co.
increases
in
the
delivery
certain
contracts,
subject further
facilities, for the -sale of a maximum
of
natural
Mcf.
to
gas
units
subsidiaries
gas
will
per
have
[BTU]
of
day
an
per
Columbia
(based
average
cubic
50,000
Merrill, Turben & Co
40,000
Metropolitan St. Louis Co.
Inc
& Co.,
Blyth & Co.,
75,000
The
and
Co
7,500
Milwaukee
Minsch,
15,000
5,000
Co
Monell
15,000
&
Gas
the
on
&
as
Electric
1,040
of
and
77,000
BTU
of natural gas at the expected heating
cubic foot) to The Philadelphia Gas Works
Electric Co., which companies distribute manu¬
Philadelphia
factured
Mcf.
per
in the Philadelphia area.
The
comparable
aggregate
minimum amount of gas which must be taken by the buyers under
these contracts (or paid for, whether or not taken) is approximately
293,500 Mcf. per day for the first five years, and 312,750 Mcf. per
gas
thereafter.
The maximum and minimum quantities referred to
above do not give effect to any increases under the various option
7,500
Moore, Leonard & Lynch_
10,000
H.
5,000
Moroney,
10,000
F.
J.
Boynton & Co., Inc.
C.
Bradford & Co
Burton
&
Co.,
E.
W.
Clark
Richard
Courts
M.
Co
20,000
The Ohio Co
20,000
Otis
30,000
Corp._
Davenport
Paul
H.
&
R.
S.
10,000
12,000
Peters,
Inc.
10,000
10,000
Putnam
10,000
Riter
Eddleman-Pollock
&
Co
contained
in
the
respective
contracts.
The
contract
with
30,000
Rothschild &
L.
Rowles &
12,000
Russ
Fauset, Steele & Co
5,000
Salomon
7,500
Schneider,
The
First
First
Corp.
Cleveland Corp.
Securities Co.
of
D.
French
& Co
Goodwin
Graham,
&
Parsons &
Scott
&
Co.
F.
40,000
& Lord
S.
Smithers
William
20,000
Co
Stein
4,000
Lazard
Lee
Freres
Inc
15,000
Co
7,500
Corp
10,000
Anthony
5,000
total
quantity
to be
delivered
initially being
approx¬
per day, and the company has been further ordered,
Western Air,
be
to
are
Common,
Dann
&
selling
10,000
Walker
Chas. ,B.
&
& Co
50.000
Co
50,000
White &
Co
20,000
White, Weld & Co<v.„-
this
Wisconsin Co..
Other
Yarnall
Dulles
&
&
10,000
Co
Co
15,000
shares
the
3,564,000
indicated,
and
company
The
selling
stock,
of
approximately
stockholder
which
99.61%
approximately
14,000
from
0.39%
owns
shares
INCOME, 4 MONTHS ENDED
gas
total
a
are
included
AUG.
31,
sales
1,079,898
'1
for
Federal
taxes
posed
all
then
was
stock at $10
shares
73,999
FORMA
to
BALANCE
proposed
SHEET,
financing
and
AUG.
31,
1947
in
whole
agreed
of
Jan.
until
have
of
were
11,
In
Co.
paid to
to
stock
the
1947
persons
corporation
its
shares
holders
filed
stock
capital
the
of
no
Thereafter
share.
certificate of
incor¬
1,000,000
shares
stock
of
to
The out¬
shares for each one
to
par
ratio
of the 30,000
170
any
sold.
be
per
amended
an
from
at
to
$10
at
authorized
of
exchanged
was
and
owners
contemplated
were
10c
10
par.
stock.
of
Sept.
waiver of dividend agreement, that no
paid upon any of their 70,000 shares
to
the total of $10 per share
a
as
various
the
share
treas¬
shares of
30,000
or
increased
On
the
of
dividends
and
old
by
time
poration and
standing stock
sale
the
declared
which
sold
changed
for
30,
agreed
the holders of 700,000 shares
1947,
not
outstanding
the
of
sell,
to
prior to Sept. 30, 1948, in whole or in part,
held by them; and further agreed, by a waiver of
dividend agreement, that no dividends should be declared or paid
upon
any of
the stock
any of
their 700,000 shares of stock until such time
$1 per share shall have been paid to the
total
of
of
of the
any
On Sept.
000
296,016
30,
shares of
of
sum
$50
sold in
the
the
capital
stock of
by
her
S.
Cantor
holders
and
for sale.
offered
holder
and
owner
granted
Co.,
of the
the
to
cent
one
697,-
of
in consideration
corporation,
B.
dividends to the
as
owners
being
a
S. B.
share
of the capital stock of Transgulf Corp.
being made by S. B. Cantor Co., pursuant to
underwriting agreement; the option is to be exercised
the
she
South,- the
to
each
full
upon
stock presently
Doris Long
shares
300
offering
terms of
only
shares of
two-year option to purchase from her at
a
for
the
purpose
1947,
paid
Cantor Co.,
200 shares
now
now
compliance
has
with
aside
set
the
197,344
Securities
shares
of
Act
1933.
of
stock
this
For
being subject
as
to
option.
PURPOSE—To
carry
and expand business generally.
on
COMPANY—Corporation
BUSINESS
sets
AND
consisting
Humble
in
Oil
Field
they provide
requiring
the
this stock
issue
of
Harris
being drilled
are
County, Texas.
under
up
contract
a
the
of
The
for
additional
working
has the full
company
oil
future
of
as¬
properties
in
producing prop¬
T. Mack & Co.,
W.
capital
use
with
concern
These
with
backlog of development
a
use
issue.
incorporated in Delaware Dec. 31, 1946.
was
PROPERTY—Company is a going
part, of an interest in producing
without
income
be
to
the
provided by
proceeds of this
for developing values and
production on its other leases and on
properties.
Wherever possible it will be the policy of the company
new
leases based
reports and
on
firms
is
recommendations of
employed
actively
by
the
engaged
recognized
for that
special
company
in
negotiating
drilling agreements or other trades in connection with the leases owned
by the company, and in dealing for new leases.—V. 166, p. 1621.
Tung--Sol Lamp Works, Inc.—Clears Up Arrearages—
dividend
stock,
of
payable
arrearages
40
cents
Dec.
the
on
July 1 and Nov. 1,
share has
per
to holders
1
issue.
of
been
record
Distributions
1947. —V.
163,
of
declared
each
cents
the
on
This
18.
Nov.
20
preferred
clears up
all
made
on
were
1525.
p.
Union Bag & Paper
of
products
Delivery,
and
selling,
gen.
Corp.—Earnings—
1947—3 Mos.—1946
$15,927,941
sold-.
1947—9 Mos.—1946
$11,679,282 $46,025,458 $32,317,042
7,759,937
25,631,340
21,346,290
9,013,590
admin.
.
1,811,000
expenses
1,725,753
$2,193,592 $15,123,727
51,665
113,552
$6,222,024
41,048
profit
4,748,728
$5,144,399
Operating
Other
5,270,391
$2,245,257 $15,223,279
$6,360,724
$5,103,351
income
138,700
65,516
for
for
Net
299,854
182,125
815.000
5,600,000
190,000
78,000
550,000
2,315,000
210,000
$3,043,883
$1,295,664
$8,787,425
$3,643,599
$2.39
$1.02
$6.91
$2.87
taxes-
income
Earns,
56,593
1,845,000
Fed. inc.
other
per
share..
com.
acquisition
Inch
of
NOTE—Charges
amounted
Sept.
to
30,
against
293,176
1947
and
income
for
depreciation,
depletion,
etc.,
respectively, for the quarters ended
and $257,937,
1946.
the
For
nine
months
plant,
and equipment,
Lines)
On Nov.
capital
at
cost
$144,698,308
for
paym't of certain obligations incurred
31, 1947 and before acquisition of Inch Lines..
receivable
and
the directors declared
12,
stock,
extra of
The
share,
1,064,509
6,105
239,063
like
both
as
current
liabilities
credits
surplus
Total
166, p. 1828.
was
Dec.
an
paid
9
on
to
extra
April
of
dividend
50
cents
holders
of
15, June 14
of
per
25
cents
per
share on the
Dec.
1, an
record
payment
against
$1.30
brings
paid
total
in
distributions
12,
and Sept.
in
1947
to
this
$3
per
1946.-
Registers With SEC—
The
SEC
company
covering
Stanley
on
Proceeds
$30,325,000
120,000,000
1,181,485
570,000
764,692
.$152,841,177
,
LI*
basis
will
Nov.
on
211,861
Morgan
paper
LIABILITIES—
stock
(4,600,000 shares, no par)
mortgage pipe line bonds, 3V2% series
payable
amount
current
holders
$152,841,177
Common
these
30,
550
.
26,872
Total
Sept.
year.
2,747,520
supplies
debits
ended
charges totaled $823,634 in 1947 and $789,406 in 1946.-
share and the regular quarterly dividend
Prepayments
-V.
1947,
be
stock
Sept.
made
such
been
shares
On
7,
should
stock
shall
in
or
on
dividends
4,058,250
Earned
Oil
Declares Extra Dividend—
—
deposit
Deferred
Trans-Gulf
of
a share and on Jan. 7, 1947, the owners of the 70,000
capital stock agreed not to sell prior to Feb. 1, 1948,
part any of the stock held by them.
They further
issued
of
reserved
Deferred
officers
$838,691
—
Cash
Material
and
County, Texas.
gomery
ury
Prov.
$764,692
effect
Accounts
stockholders
an
*Includes charges for renegotiation of war contracts.
deductions
Special
the
of
with
organized
was
consideration of the issuance to them of the stock of Transgulf Corp.,
they paid to Transgulf Corp. $2,500 and caused to be assigned to Trans¬
gulf Corp. three leases covering 145 acres of land in the Humble Oil
Field in Harris County, Texas, with two producing oil wells thereon;
a one-half interest
in a 520-acre lease, known as the Drummet Lease,
in Harris County, Texas, and a lease on 1,460 acres of land in Mont¬
Prov.
43,026
income
after Aug.
Regis¬
Agent, The Marine Midland Trust Co. of New York.
authorized
capital of 100,000 of capital stock (no pari.
Of this stock, 70,000
shares
were
issued as follows:
To
Dudley Pritchett South, Sr., 100
shares; Dudley Pritchett South. Jr., 100 shares; Dudley Crawford Jarvis,
100 shares; to Mrs. Doris L. South, 69,700 shares.
These parties com¬
17,092
income-
$795,666
PRO
Cash
-
,
Cantor Co. is
Offered—S. B.
CAPITALIZATION—Corporation
468,682
income
on
.
income
Property,
Transfer
480,668
profit
income
ASSETS
1726.
P.
116,622
than
Federal
(Giving
166,
1,041,388
Provision
Net
38,147,746
trar, Corporation Office, 79 Wall St., New York.
Cost
$3,991,990
resale
Taxes—other
Income
70.32
60,989,334
13,282,008
Period End. Sept. 30—
Net sales
1947
Maintenance
Total
75.78
19,891,093
13,120,691
of
8,028
Operation
Gross
72.32
20,511,703
offering 296,016 shares of capital* stock (par 100) at $1
per share.
The shares are offered as a speculation.
A
Total
rental
Other
63.68
11,745,047
5,000
$4,000,018
for
$0.90
16,422,799
113,124,000 324,899,000
20,586,535
factor—
miles
miles
ton
$0.64
5,380,315
$0.49
5,543,983
geophysical
revenue
purchased
Line
$8,068,299 $23,450,468
98,798,000 112,977,000
management
10.000
& Co
Woodard-Elwood & Co
revenues—natural
Nil
5,498,501
miles
and
Harold E. Wood
Wurts,
of
common
share—_
The
50,000
75,000
stockholder.
gas
$884,125
purpose.
offering.
Operating
$630,131
geologists
20.0Q0
.
40,000
OF
$484,201
to select its
Dean Witter & Co.—_
75,000
number
STATEMENT
324,791
*$230,208
(loss)
15..000
Whiting, Weeks & Stubbs-
10,000
Co
of
$1,208,916
116,811
7,5,000
The
75,000
Corp
shares
17,500
in
$746,943
(Dr)_
Transgulf Corp.—Stock
and
Co.
G. H.
5,000
from
3rd Qtr.
54,014
*Loss.—V.
Vietor,
60,000
purchased
Total for
September
$538,215
ton
Revenue
the
Co
the
Inc.—Earnings—
August
153,966
Passenger load
erties
10,000
Brothers
NOTE—Of
and
1946.—
*$76,242
per
Available
40,000
&
10,000
Meeds
&
Higginson
&
American
Wertheim
Langley & Co
Lehman
during
income
plane
50,000
25,000
Peabody & Co
&
5
22,241,551
passenger miles
this
Texas National Corp
5,000
Bissell
C.
compares
March
7,321,355
income
profit
75,000
Stroud & Co.
7,500
Kalb, Voorhis & Co
''Kalman & Co., Inc
Kidder,
paid
was
share,
per
This
on
7,489,480
Revenue
Co.—
Co., Inc.
W.
7,500
Corp.
Johnson, Lane, Space and
Laird,
15,000
10,000
Stone & Webster Securities
50,000
Johnson, Lemon & Co—
1st
Midwest, the
&
Revenue
50,000
E. Hutton & Co
&
Net
Milton R. Underwood & Co.
Weeks
Richards
$1.25
20.
each
7,430,716
income
10,000
Son
Janney & Co
Kay,
Boyce
5,000
Tucker,
W.
35,000
Co
&
7,500
&
7,500
12,000
Co.—
Stix
20,000
Richards & Co
Hornblower
&
&
3,000
Henry Herrman & Co
75,000
Stern Brothers & Co
50,000
Sutro
&
40,000
Staats Co
R.
Bros.
Swiss
Hilliard
Co
&
Smith, Moore & Co
6,500
Henry Investm'ts
B.
5,000
5,000
5,000
7,500
J.
&
Sk.all, Joseph, Miller & Co.
Smith, Barney & Co
60,000
J.
Bernet
20,000
15,000
15,000
25,000
Hill
Hutzler.
60,000
Hemphill, Noyes & Co
Total
imately 6,000 Mcf.
share
per
of
Nov.
cents
expenses
oper.
Net
15,000
&
Shuman, Agnew & Co
Singer, Deane & Scribner
75,000
Hallgarten & Co
Hallowell, Sulzberger & Co.
Hawley, Shepard & Co., Inc.
Hayden, Miller & Co
Louis B.
7,500
Bros.
Shields & Co
5,000
Co
Granbery, Marache
C-rubbs,
60,000
Inc
Schwabacher
15,000
Goldman, Sachs & Co
H.
Co
Co
Co.,
5,000
10,000
Fridley & Hess
R.
&
4,000
Southwest Co
Foster & Marshall
R.
F.
Hickman
Chicago
First
& Sons
50,000
10,000
specified
the
50
$8,027,695
shares
Inc._
15,000
Securities
Net
4,000
E. H. Rollins
Fahey, Clark & Co
Equitable
50,000
Robinson-Humphrey
Rotan Mosle and Moreland
7,500
20,000
Elworthy & Co
&
Gardner
&
Co.
12,000
Co
Co., Inc
7,500
40,000
The
duPont & Co.—
Co
&
Rauscher, Pierce & Co. Inc.
60,000
Dominick
Co
4,000
Reinholdt
7,500
40,000
Elwell
4,000
Pitman & Co
10,000
Dominick &
Consolidated
contains two options by which the buyers can elect at
intervals to purchase additional quantities of natural gas
totaling up to 75,000 Mcf. per day.
Tire company has been ordered by
the FPC to contract to sell
natural gas to four companies distributing gas in certain areas in
$1.87 Vz
dividend
record
$7,354,474
Provision
Inc.
Phillips Investm't Co.
Piper, Jaffray & Hopwood
»
Co.,
5,000
Chris-
&
J. R.
15,000
10,000
&
Inc
Writer
tensen,
25,000
I.
50,000
Paul & Co.,
2,500
Co
Co
Jackson &
Curtis
7,500
Dittmar & Co
&
Webber,
10,000
Davis &
Francis
Northwest
Paine,
20,000
Co
Dickson
Co
Pacific Co. of California--
7,500
10,000
Co
&
7,500
Pacific
20,000
Clarke
&
2,500
Newhard, Cook & Co
5,000
20,000
Co
Dain
15,000
Co
W. H. Newbold's Son & Co.
Curtiss, House & Co
J.
50,000
Murch & Co.
&
15,000
& Co
&
W.
&
Maynard H.
Neuhaus
15,000
Inc
Chaplin & Co
V. Christie
Co._
Moseley & Co
7,500
2,500
Byllesby & Co. (Inc.)
B.
F. S.
5,000
Branch, Cabell & Co
Brush, Slocumb & Co
Beissner &
day
provisions
of
of
and
1621.
Non-oper.
7,500
Co
Bosworth, Sullivan & Co._
heating
foot),
total
A
cash
a
5,
Month of
75,000
in
thermal
Sept.
on
Transcontinental
5,OOo
Beane
contracts,
125,000 Mcf. to subsidiaries of Consolidated Natural Gas Co.;
Mcf. to three other companies which distribute natural gas
Appalachian area; and 800,000 therms per day (equivalent
approximately
value
Mcf.
sales
gas
necessary
and,
certain
that its natural
British
1,040
the
to
1947.
declared
stockholders
Merrill Lynch,
Inc
Blair
Boettcher
McDonald
35,000
Becker & Co.
G.
&
5,000
Bear, Stearns & Co
A.
Mas ten
Mathey & Co
7,500
Bateman, Eichler & Co
Co.
5,000
Maxwell, Marshall
Barrow,
E.
15,000
&
Inc.
15,000
Gas
The
stated,
terms
5,
166, p.
Operating
Rhoades
30,000
25,000
providing
specified
in
its
purchase
Company has entered into pur¬
chase contracts, varying in term from five to 20 years, some of which
are
subject to earlier termination by the seller under certain con¬
contracts,
June
to
paid
severally
has
specified
and
its
to
deliver
5
revenue
No. of Shs.
Loeb,
Baker, Weeks & Harden—
Ball, Burge & Kraus
the
purchase
cents
Operating
Co.
Baker, Watts & Co
the
The
Dec.
75
V.
have
directors
payable
of
Mackubin, Legg & Co
35,00o
Corp.
Parker
&
20,000
Inc.—.
Securities
American
each
Name—
Carl
164,000
Co.
&
which
underwriters
the company acquires
for
Timken Roller Bearing Co.—$1.25 Distribution—
with
follows:
as
principal
Hayden, Stone & Co
Inch
the
U.
the
11
follows:
as
Lovett
Drexel
program.
per
of
R. Cunningham, Vice-President;
Treasurer, Houston, Texas.
No. of Shs.
Pancoast
the
1947,
annum
compressor
$4,000,000
by
E.
names
Dillon,
Co,
Trust
April,
5%
additional
an
(evidenced
Inc.
company
Chairman
and
number
are
Name—
borrowed
Co.
gas
names
July
and
facturers
&
the
and
Secretary
Davis, Skaggs & Co
Dewar, Robertson &
Read
provide initial working capital,
to
natural
(1999)
The
of
director;
Poe,
Frensley,
Dillon,
and
of
OFFICERS—The
board; R. H.
Har¬
and President; Chas. I. Francis, director and VicePresident; Orville S. Carpenter, director, Comptroller, Assistant Sec¬
retary and Assistant Treasurer; Herman Brown, director; E. DeGolyer,
and
$5,100,000
Mcf.
CHRONICLE
director
grove,
Dallas Union Trust Co
the
obtain
23,500
to
up
director
Brown,
the
company sold for cash 150,000 shares of common stock at $1 per share,
borrowed an aggregate of $1,350,000 from certain of its stockholders
To
FINANCIAL
EXECUTIVE
executive
R.
George
to
&
companies.
and
directors
H, M.
"accordance
FINANCING—In
INTERIM
limited
a
DIRECTORS
Redpath
the jurisdiction of the PPC with
subject to
proposes,
company
the
of
operations.
years'
The
respect thereto,
of
operating expenses consist principally
company's
for
day
rate of approximately $360,000 per annum.
The
COMMERCIAL
THE
Number 4647
be
&
of
filed
York.
share
to finance
166,
a
(no
New
one
used
business.—V.
12
shares
Co.,
p.
registration statement with the
capital stock.
Underwriter,
par)
for
new
Shares
each
will
six
be
held
construction.
offered
of
to
record
Business:
stock¬
Dec.
1.
Bag and
1260.
Union Trusteed Funds, Inc.—To Reduce Capitalization
on
Dec. 11 will vote on apprdvfhg a proposal to
Sept. 30, *1947) the capital of this Corporation from
$1,048,637, ,such reductfqn of $3.07^32 to be brought
about by the retirement of( 307,632 shares of capital stock (consisting
of 15,133 shares of the class designated Union Bond Fund "A," 29,300
shares of the class designated Union Bond Fund "B," 122,898 shares
The
reduce
stockholders
(as
$1,356,269
of
to
12
THE
(2000)
of
the
COMPANY
class
designated as Union Bond Fund "C," 65,965 shares of
the class designated Union Preferred Stock Fund, and 74,336 shares
•of the class designated Union Common Stock Fund), of the par value
of $i per share, previously purchased by the corporation.
The stockholders will also vote on approving a management agree¬
ment with Lord, Abbett & Co., Inc., to replace the existing agreement
between
the company
zations
Fastener
Corp.—Declares Larger
Quar¬
On
Nov.
7
.share
and
declared
directors
extra
an
of
cents per
60
quarterly dividend of 50 cents per share on the common
payable Dec. 10 to holders of record Nov. 28. Previously,
the company paid regular quartely dividends of 30 cents each on this
issue.
An extra of 30 cents was also paid on Dec. 10, last year.—V. 166,
stock,
both
1525.
p.
will
of
member
a
as
member
a
of
board
the
and
directors
as
committee.
executive
Gordon
of
Donald
has
maintenance
succeed
to
Carpenter
Mr.
as
United States
under
was
Plywood Corp.—Plans Larger Plant—
Cal., near Red¬
ding, of "the largest ponderosa and sugar pine plywood plant in the
country," Lawrence Ottinger, President, announced recently.
The plywood plant and a small sawmill will cost $2,000,000.
They
'will
be built
by United
State Plywood with
the Harbor Plywood
Corporation having
the option to participate.
These concerns an¬
nounced recently they had
acquired more than 1,000,000,000 feet of
timber, largely ponderosa and sugar pine, covering 60,000 acres in
are
Anderson
"The
of
area
construction
for
way
Shasta
at Anderson,
plant," Mr.
Ottinger said, "will employ 300 persons,
and will have a capacity of 6,000,000 feet a month
•of ponderosa and sugar p.ine plywood."—V. 166, p. 1934.
new
•exclusive of loggers,
the
aid
of many
use
"and
supervises
for
retail
ment
the
Steel Corp.—Number of Stockholders—
Holdings of common stock of this corporation in 10 Eastern States
Sept. 30. 1947, totaled 3,911,305 shares, exclusive of shares held in
York brokers'
names,
comparing with 3,855.809 shares a year
before, the corporation announced on Nov. 10.
Holdings of preferred
stock by others than brokers In
10 Eastern States totaled 2,458,068
•shares, against 2,467,495 shares on Sept. 30, 1946.
either
are
application
sold
to
of
by
the
products
destroy
buildings,
people
congregate.
certain
of
the
company
insect pests,
many
institutions
Except
in
company's main
West
Street,
owned
Long
and
1,
City
goods,
held
brokers'
in
in
names
New
York
State
shares on Sept. 39, 1947, comparing with 802,186 shares a
before.
Preferred stock in brokers' names in New York State
totaled
48,825
shares,
against 52,313 a year before.
stock in States, other than 10
•Holdings of common
Eastern States,
including the District of Columbia and the Territories, totaled
'3,613,314 shares on Sept. 30, 1947, comparing with 3,585,302 shares a
'year before.
Preferred holdings in the same areas on Sept. 30, 19'47,
totaled 1,047,295 shares, against 1,030,486 at Sept. 30, 1946.
and
A'
of
total
of
shares
422,671
foreign countries
of
Sept.
stock
common
owned
was
by
residents
1947, comparing with 459,955 shares
a
year before, while foreign holdings of preferred stock on that date
totaled 48,623 shares, against 52,517 on Sept. 30, 1946.—V. 166, p. 1829.
on
30,
operated
and
The
of
plant
a
in
insecticides.
its
Y.
N.
A
or
to
and
the
the
business
sidiaries
its
suppliers
EARNINGS
Gross
sales—less
■Cost of
PERIOD
and
returns
MAY
1947-JULY
1,
31,
Of
by
G%
the
at
of
and
administrative
2%%
f.
s.
Cum.
dobs.,
pfd.
stock
•Provision
in
the
(50c
with
EFFECT
the
shares
sale
of
1,
1961
the
Provision
Net
Fed.
for
profit
tax
stock
retired Jan.
excludes
added
to
shares
of
receivable
of
installment
for
deposit
sales
and
of
50,000 shares
$450,000
incurred
business
covered
by
$146,728), $1,399,309; merchandise inventories,
of
sales,
€92.
of
Federal
income
tax
unrealized
on
taxable
$210,615;
income,
•stock
(par $1), $300,000; capital surplus, $485,344;
€281,634; total, $1,851,692 —V. 166, pp. 1397, 1621.
Other
$1.60
&
stock, payable Dec. 1
each
cents
made
were
March
on
1,
June
paid in the
and
2
and
estimated
expenses.
proceeds
of
The
balance
will
Burr
entire
shares
cash
net
of
$5
proceeds
preferred
stock
Inc.,
Sept.
1,
this
166,
A
year.
p.
1946
1945
$11,451,743
5,265,307
158,181
121.128
93,005
exp.
4,559.971
5,573,757
5,456,428
5,001,544
12,936
20,528
9,861
12,444
$842,785
$978,934
$1,079,441
175,210
172,421
73,450
63,277
$661,208
$1,015,207
$1,052,385
$1,142,719
36,950
67,146
134,928
328,225
132,509
132.633
46,941
525,403
$572,893
$259,544
$290,440
$397,704
1,
1946
have declared
the
and
ended
from
share
per
Aug.
30,
stock
Walgreen Co.—October Sales 1.1% Higher—
Nov.
on
shares
62,500
1947—Month—1946
$
—V.
of
1947—10 Mos.—1946
$
12,831,279
Sales
12,698,402
and
$
$
124,302,643
116,884,673
166, p. 1526.
no
of
50-cent
value
par
exchange for
stock, 15,000
shares
of
of
new
record
1 voted
to
$100
par
of
cumulative
each
(D. C.)
Gas Light Co.
Nov.
24.
change the authorized capitaliza¬
value 5% cumulative preferred
company
Nov.
on
registration
statement
with
the
covering 85,000 shares
(no
pan
common
to
be
offered
subscription to common stockholders.
The offering has not been
un¬
a
SEC
•
derwritten.
struction
The
for
This
sion
be
added
to
general
funds
for
current
on
or
each
before
five
is
of
for
3
will
be
1947
to
additional
one
approval
of
the
166, p.
Public
have
shs.
The
•of
1347
shares
shares to be issued in
held.
Of
the
new
preferred
been
issued
been
output
of
Water
the
Co.—Weekly Output—
electric,
Works &
properties
Electric
this
of
Co., Inc.)
given
the right
share
of
Western Auto Supply Co.
to
Sales
common
Utilities
Commis¬
per
$155,358
$234,174
$896,990
297,998
303,998
com.
trustee
and
in
other
$0.51
company reports
was due mainly
of
166, p.
$0.78
$2.95
$2.22
that
to
three-week
a
material.—V.
decline in income for the third quarter
the fact that sales for that period were off
in July for vacation, and lack of
shutdown
1397.
totaled
than
offered
12,500 shares of $5 cumulative preferred stock
(no par) and 75,000 shares of common stock (par 500).
The preferred stock was priced at $100 per share and the
common at $14 per share.
Selling stockholders will re¬
ceive the proceeds from the sale of 10,000 shares of
preferred stock and 50,000 shares of the common. Fur¬
Dividends
on
terly March.
or
•
in
part
(previously
company
to
$5,776,000,
ended Oct.
15.3%
over
the
gain
a
of
8";
over
the
June,
at
to $5,135,000,
of 7.7%.
8.4%,
up
19.5%,
up
166, p.
and
wholesale
sales
were
1829.
Bonds
letter of notification with the SEC
for 10,000 shares of 5%
cumulative preferred, to be offered at $28.50
a
share.' Underwriters—The First Trust
Co.
of Lincoln,
Neb.,
and
company
Harris,
sion
Hall
of
&
plant
on
Co.
Nov.
6
filed
for
Chicago.
Proceeds
facilities.—V. 166, p. 610.
will
$5
cumulalive
September
and
preferred
December.
stock
are
payable
Redeemable
as
a
quar¬
whole
any
dated
be
1,
1948
Nov.
(Inc.i,
Dec.
to
1,
Dec.
1947
and
to
are
1952.—V.
1,
to yield from 1.0%
bids,
were
1,
was
will be
used
for
and
1957.
1967,
oQOor
before Sept.
plus in each
case
1,
1967,
accrued
and $100 if
redeemed
after
dividends.
Transfer'agent. Trust Co. of North America, New York.
•SRublic National Bank & Trust Co. of New York,
Registrar,
Harris, Hall &
Dec. 1, 1947 and
Issued
under
the
of
sale
each
without
from
of
the
short-term
on
pre¬
the
to
,
the
Nov.
166,
12
coupon,
Inc.,
Co.
Nov.
4
($100 part
Interest
1977.
at
or
will
agencies
of
redeemable
be
payable
to
Chicago
maturity,
through the operation of
sinking
a
of
banks
to
at
time
at
were
plus
due
notes
betterments,
and
the
Dec.
1,
the
to
loans
the
payable
are
a
were
semi-annually
from
and
used
were
a
1947.
Sept.,
of
properties
finance
to
the
com¬
pany.
1947-1949
PROPOSED
FINANCING—Company
during a three-year period
betterments, and extensions
approximately
to
its
expects
$18,000,000
properties
and
spend
to
additions,
for
those
of
its
wholly
subsidiary, Menominee & Marinette Light & Traction Co.
In
addition, approximately $1,500,000 will be required for the purchase
capital stock of a company organized for the development of two
hydro-electric
power
sites.
Of
the
total
$19,500,000,
expenditures
of
the
period
to
and
is
expected
these
Jan.
for
and
that
expected
and
be
of
will
approvals
secured
the
be
available
amortization,
short-term
1948
bank
of
from
1947,
approximated
during
balance
the
$3,750,000, $6,750,-
loans
regulatory
obtain
funds
result
a
in
1949.
charge's
financing.
the
bid
of
received
at
Salomon
the
In
from
1948
the
public.
sale
financing, the 1948 construction
financed, in part, by short-term bank
GIVING
EFFECT
TO
PRESENT
FINANCING
Authorized
mtge. bonds. 3'/4%
bonds,
mtge.
1977,
due
ser.
series
clue
1971
Nov.
1,
3%.
stock,
Common
*
5%
ser.
(cumul.,
($10
stock
pan
amount
pressed
Outstanding
$25,250,000
0
$100
4,000.000
authorized
200.000 shs.
132,000 shs.
2,000,000 shs.
1,200,000 shs.
pan
under
the
indenture
is
unlimited
in
plan.—V.
166,
1,
p.
letter
of
notification
ex¬
amount.
HISTORY
AND
BUSINESS—Comnany
incorporated
was
Gas
Oshkosh
as
Light Co. in Wisconsin July
17.
1883, and adopted
the name
Public Service
Corp. on Sept. 20,
1922.
Company is an
operating public utility company engaged principally in the
produc¬
tion,
transmission, distribution and sale of electricity, and in the
production, distribution and sale of gas.
Company also is engaged
Wisconsin
to
small
a
sale
of
extent
Light
&
.and
and
Traction
contiguous
operating
electric
For
operations,
and
customers.
also
is
and
12
in
to
4.9'f
108,736
company
269
wholesale
from
and
oper.
revenues...
Operation
the
State
of
Marinette
utility
com¬
service
31,
in
1947,
and
electric
118,124
retail
45,597
customers
electric
service
gas
Marinette
consolidated
operations, 13.8%
transportation operations.
bus
and
to
19
gas
cus¬
and
5 228
50,825
retail
gas
elec¬
communities,
communities.
OF
EARNINGS
12 Mos. End.
Total
public
subsidiary combined furnish
to 9
energy
and
the
&
electric
customers
9,388
of
gas
July
from
electric
communities,
electric
operating
ended
81.3%
subsidiary lias
making a total
The
service
Marinette, Wis., Menominee, Mich,,
the
service
an
manufactured
months
derived
and
has
company
customers,
and
were
transportation
are
wholly within
subsidiary,
Menominee
one
service
the
bus
operations
which
territory,
revenues
gas
gas
tric
Co..
Menominee.
from
furnishing
Company's
Company
has
furnishing
pany
in
steam.
Wisconsin.
Years Ended Dec. 31
.
July 31, '47
1946
1945
1944
$15,351,482 $14,449,080 $13,027,877 $12,267,170
7,052,952
6,157,621
4.700,854
4
334^287
Maintenance
929,737
835,865
761,608
Depreciation
633,493
1,561,006
1,494,440
1,401,150
1 362 237
1.606,935
1,479,500
1,369,600
L350 600
197,995
201.500
985,835
945,000
Taxes
(other
Fed.
than
inc.)
income taxes
income
taxes...
profits
excess
221,000
216000
685,000
756 000
1,075,000
tax.
792,000
Net
operating
Other
income
$2,822 553
$3,017,022
$3,335,154
$2,813,665
269,473
187,593
82,314
49]99'1
$3,286,495
$3,522,747
$2,895,979
$2 872 544
income
income
income
Net
deductions
1,054,070
1,019,282
1,090,653
1,107^893
$2,232,425
Income
$2,503,465
$1,805,326
$1,764,631
Upon
terest
consummation
requirements
and
(F.
of
on
the
sale
long-term
of
the
debt
bonds,
be
the
annual
$940,625.—V
W.)
Woolworth
Co.—Oct.
Increased
51,970,299
in¬
no
11
10.7%
1947—10 Mos—1946
«
$
$
46,963,814 435,696,420 413,013,536
1527.
p.
Sales
1947—Month—1946
$
166,
166
'
Period End. Oct. 31—
—V.
new
will
1829.
They
&
Bros.
June
Is
of
Pending the
permanent
temporarily
CAPITALIZATION
First
Yosemite Portland Cement
Hutzler,
The
^
semi-annually
it
other
sale.
to
$11,000,000
borrowings.
Sales
Three
99.419.
earn¬
Subject
authorities,
to
required
of
undistributed
$6,000,000
stock
common
the
cf
as
from
permanent
will
company
the sale of
from
31,
$8,500,000
become
and
the
consummation
program
will
some
to
that
July
to
expenditures
will approximate
approximately
depreciation
from
1947,
that
1949
respectively.
necessary
planned
1,
estimated
expenditures
obtaining
is
is
it
during 1948 and
$6,000,000
income
ings,
from
and
and
1947
1934
99.04.
Philadelphia
1948-Dec.
1934.
directors
preferred
holders
with
the
SEC
through officers of the company,
Proceeds will be used for business expansion.—V. 163, p. 3463.
common,
Such
company.
July,
and
1947,
extensions
of
May,
general
$5,000,000 of
the
which
option
in
.sufficient
of
payment
made
any
V/2'.c
the
presently outstanding,
$5,000,000
on
stock,
common
effect
Equipment Issue
1829.
99.63791;
(Inc.),
office
at
in
company
prior
year
additional
loans
premium
Gross
mature
p.
on
maturing
filed
mort¬
and
Nov. 7 at
coupon
interest
company
bank
additions,
Winged Cargo, Inc., Philadelphia—Files With SEC—
The company
for 2,000 shares
old
Further details follow:
1,
like notice
upon
of
1
accrued
have
stock
of
E.
T.
expected
quarter
record
V.
161,
Wylie,
that
of
p.
Nov.
a
Corp.—Liquidating Div.—.
liquidating
rate
of
12.
Previous
50
dividend
(No.
4)
on
the
cents
a
share, payable Nov. 17 t*o
disbursements aggregate $6.75 &
Secretary, reports that, barring the unforeseen, it is
final liquidating dividend will be
paid in the first
at the rate of approximately 25 cents a share.—
J n't.
the
1948'
51.
declared
at-the
share.
at par.
the
90',;
expan¬
to 2.05%, according to maturity.
awarded
each naming a 2%
Halsey, Stuart <fc Co.
Dated
of
or
beginning 1948 at the principal amount
plus the sinking fund redemption pre¬
The
initial
regular redemption premium
is
3.75%
and the
sinking fund redemption premium is 0.78%
of the principal
from
Wheeling & Lake Erie Ry.—Equip. Trusts Offered—
.99.51;
holders
shares,
common.
for
purposes, as a whole or in part on any date
days' published notice at the principal amount thereof
interest
plus the regular redemption premiums.
Bonds
and
.funds
Harriman Ripley & Co., Inc., on Nov. 13 offered $3,940,000.1%% equipment trust certificates, series O, at prices
issue
the
PURPOSE—Corporation intends, simultaneously with the sale of the
$4,000,000 first mortgage bonds, series due Nov. 1, 1977, now offered,
to
apply the net proceeds from their sale, together with $1,000,000
has issued invitations for bids to be considered Nov. 18
l3'i%
equipment
trust
certificates.
The
certificates
company
$3,000,000
June
to
a
Western Maryland Ry.—Asks Bids on
The
Re¬
sinking fund
redeemable
on
thereof
State
rdeemed
thereafter and
Nov.
Milwaukee,
the
31, 1947, sales aggregated $97,545,000,
corresponding period last year.
Retail
$53,276,000,
gain of 10.6% .—V.
a
increase
an
Western Light & Telephone Co. Inc.—Files With SEC
The
time on at least 30 days' notice at $105 per share
,if redeemed on or before Sept. 1, 1957 and $102.50 per share if
redeemed thereafter; and redeemable
by the sinking fund at $102.50
per share if
redeemed on or before Sept. 1,
1957, $101 if
Sept. 1,
in
due
(Mo.)—October Sales—
$10,911,000,
totaled
months
of
amounted
The
ther details follow:
,
1947;
York.
accrued
be
fund
tomers,
for the week ended Nov. 8,
Retail sales amounted
year.
sales
a
at least 30
upon
Total
West Disinfecting Co.—Stocks Offered—As mentioned
in our issue of Nov. 10, Coffin &
Burr, Inc., on Nov. 7
.
New
Federal
297,998
sh
last
10
increase
$44,269,000,
$683,659
303.998
outstdg
the
For
sales
1947—9 Mos—1946
October
for
month
wholesale
and
1526.
1947—3 Mos.—1946
profit
because
500,000
totaled
same
Columbia.—V.
Period End. Sept. 30—
Com.
share
and
104,348,000 kwh., an increase of 7.71% over the output
of 96,886,000 for the corresponding week of 1946.—V. 166, p. 1934.
an
Net
the
of
1,
con¬
held.
subject
the District
19
Dec.
shares
Dec.
Wayne Knitting Mills (& Subs.)—Earnings—
Earns,
Nov.
The
American
to
119,500
of
10%,
or
SUMMARY
stockholders of record
offering
of
will
for
allocated
be
basis
shares,
program.
common
subscribe
stock
Proceeds
common
shares
designated $5 preferred stock, 12,500
in exchange,
share for share, for
preferred stock.—V. 166, p. 1934.
which
West Penn Electric
filed
7
new
common
par
have
stock
preferred
20,000
to
Registers With
—
Power
The
t
$2
shares
serial
stock, four
common
outstanding 5%
Washington
SEC—Rights to Subscribe—
.
will
the
on
13,280
Dated
"The
quarterly dividend of 25 cents
and an Initial quarterly
$5 cumulative preferred stock,
62,500 shares of $2 par value common stock
par
shares
common
and
100.75% and accrued interest.
1947.
50 cents,
par
the
on
to holders
1
initial
an
stock,
common
$1.25
at
the successful bidder Nov. 5 for
$4,000,000 first
First
taxes—.
The stockholders
tion
and
bonds, due Nov. 1, 1977, naming a 3%
bidding 100.2099%.
Reoffering was made
671,444
Canadian
on
new
one
dale,
Approves
gage
48,200
220,554
commencing Dec.
of
Co.—SEC
Canadian
directors
to
that
on
202.
Wisconsin Public Service Corp. — Bonds Offered—As
our issue of Nov. 10
Halsey, Stuart & Co. Inc.
It
Dividends—Capitaliza¬
Changed—Common Stock Split—
dividend
subscribe
p.
stated in
was
1944
$12,363,102
accts.
both payable Dec.
1829.
to
held
166,
of
for the Commission was directed to
apply to an appropriate
District Court for an order to enforce the
plan.
The company is
a
subsidiary of Eastern Minnesota Power Corp., which owns all its
common
stock.—V. 166, p. 1194.
000,
$485,998
and
share
rights
shares
share.—V.
the
the New
record
on
stockholders
S.
of
135,484
profit
The
1948
eight
registration
to
Counsel
U.
Pfd.
per
per
Hydro-Electric
reclassified
$3,000,000,
Years Ended Nov. 30—
"
Period End. Oct. 31—
The
ferred
preferred
for
.
profits
"Period
29,
each
share,
under
SEC
during
Boston.
5,796.748
deductions
Net
Jan.
$12
registration
owned
the
10,000
4,814,076
income
excess
effective
to
its listing
and
exchanges, to offer
for
of
Rights—■
24.
par).
to
purchase
net
the
Co.
25,000
Initial Common and Preferred
1946.—V.
year
company
4,165,488
income taxes
capital
has been declared on the common
to holders of record Nov. 18.
Distributions of 60
total of $2.50 per share was
the
stock
such
Lano
Period End.
profit
and
subject
Nov.
approved,
Nov. 6, the proposed reclassification of com¬
pany's outstanding securities, consisting of 11,953
preferred and 10,552
common
shares into a single class of 132,800 common shares ($12
surplus,
earned
share
per
The
bonds
Federal
Van Raalte Co., Inc.—Declares $1.60 Dividend—
of
by
stock.
common
sold
income
tion
dividend
held
disc'ts.
for doubtful
Total
payable,
$125,526;
notes
payable—bank,
-€400,000; notes payable—others, $20,600; accruals (expenses and cur¬
rent taxes), $21,224;
employees* surety deposits, $6,749; reserve for
A
goods
Gross
Accounts
—
debentures
finance
$9,359,878 $11,409,329
Federal
LIABILITIES
less
Prov.
$323,398; sun¬
total, $1,851,-
after
of
to
the
cf
remaining
'
Other
dry debtors, $10,157, fixed assets (depreciated), $14,919;
of
preferred
$533,045,
the
69,424
hand, $103,909; accounts
lease contracts (after 're¬
on
15,000 shs.
275,000 shs.
1948 with funds
1,
received
$5
be
loans
and
Deprec. & amortiz
Sell., gen. & adra.
SHEET, JULY 31, 1947
demand
$51,000
be
to
working capital.
stockholders will receive
sale
stock
record
and
business
such
Issue
year-end dividend of $1 per
a
of
amount.
the
selling
the
proceeds
will
bank
assets
of
voted,
stock
Wisconsin
initial
CONSOLIDATED INCOME STATEMENT
$113,271
BALANCE
on
voted
classifying Stocks—
mium.
*$1,319,000
15,000 shs.
also
2,500
etc.
income
taxable
period
for
ASSETS—Cash
serve
unrealiz.
on
of
FINANCING
500,000 shs.
to be
approximately
use
40,819
income
sub¬
77%
in
stock-
cash
of
it
$450,000
working
be
owned
Outstanding
$1,370,000
issuable
and
net
by
will
off
of
borrowings
common
Company
pay
manu¬
treasury.
Gross
debts
bad
its wholly
approximately
PRESENT
TO
par t
trustee
close
share
will
par),
preferred
stock
PURPOSE—The
from
other
20,000 shs.
deposited
12,448
for
and
representing
"Excludes $130,000 of debentures
$211,066
$223,515
from
manufactured, approximately 53% were
City plant, 21 r'c at the plant oper¬
at
the General Paper Co. Inc. plant,
and 4% at the Chicago plant.
Jan.
197,934
income
12
Act
Boston
subscription price
Island
GIVING
(no
cumulative
Common
the
at
also
Securities
and
and
plant
due
deodorants
Chicago.
manufacture certain
purchased
series
$5
Cost
Total
1910,
plant in
new
a
Authorized
407,398
income
in
16%
UNDERWRITER—Coffin
profit from sales
Co.—Dividend—To
Nov.
on
directors
York
so
Long
Co.,
Canadian
is
Aug. 30, '47
Net
(Other
manufactures
it
company
products
products
the
at
Lano
CAPITALIZATION,
and
expenses
established
under exclusive agency arrangements.
purchased are manufactured to conform
established specifications and requirements.
1946
(after giving "effect to the acquisition
$816,399
goods sold and selling expenses
(General
replenish¬
sold
the Lano Co.),
the
the
The
so
manufactured
sales.
ated
1947
allowances
of
the
located at 42-16
are
plant,
is completing
remainder
or
products
company's own
the fiscal year
the
of
which
in
company
the
of
from
Specialty Corp.—Earnings—
numbers
equipment,
constant
its wholly owned subsidiaries
and
products
facturers
Many
Chicago,
The
company
The
United Utilities &
whose
the
factories,
Montreal, Canada, by West Disinfectant
Co., Ltd., a wholly owned subsidiary.
Another wholly owned sub¬
sidiary, General Paper Co., Inc., has a plant near Coatesville, Pa.,
which
is being
rebuilt.
Since
1943, the
company
has owned
and
numbered
•755,962
year
directors
in
operated
New
stock
similar
principal office
plant and
Island
and
in maintaining
hotels,
large
where
and
dispensers
products are consumable
ment produces a repeat business.
equip¬
customers
and assist
homes, schools,
places
and
for
its
to
intended
not
similar
and
products of the company.
are
designed to combat
services
cleanliness
products
its
loaned
or
of the
use
and
of
Dispensers
public.
the exclusive
public
is
insecticides and special
certain occupational diseases.
towels,
paper
prevention
healthful conditions and
on
Common
The
of its products, installs appropriate equipment therefor
the
distribution
intended for
are
materials,
in
include dispensers and other equipment for the proper use
commodities, including soap dispensers, deodorizing appliances,
cabinets and similar equipment.
company
renders service to its customers in connection with
manufactured
United States
Wilson Jones
sanitation
towel
During
County.
of
also
such
The
elected a director, a member of
executive committee, and Executive Vice-President.—V. 166, p. 413.
Plans
the
of
to
company's
elected
been
also
Armstrong
distribution
Monday, November 17, 1947
organi¬
Federal
Vice-President.
Gen.
the
serve
the
S.
Frederic
First
to
oldest
floor
company's
spread of disease,
continue
the
Such
The
United States Pipe & Foundry Co.—New 1st V.-P.—
W. T. Coleman Carpenter has resigned as first Vice-President, but
of
one
payable Dec. 4 to stockholders
The
dividend
a
the
BUSINESS—Company is
in the manufacture and
CHRONICLE
products, which number more than 500 items, include
major classifications, special cleaners, disinfectants
(regular and
odorless), kotex (in vending machines only), deodorants, liquid soap,
paper
terly Dividend and Extra of 60 Cents—■
FINANCIAL
as
They
United-Carr
&
AND
engaged
products.
products
166, p. 1828.
and Fund Management, Inc.—V.
COMMERCIAL
Volume 166
Number 4647
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2001)
York Stock
«»
Exchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF YRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
LOW
Saturday
Monday
Nov. 8
1
Ncv
ptr share
*72'%
95
*7%
59
71'%
*80
774
59
SALE
PRICES
Wednesday
Nov. 12
0 per share
72'%
I per share
*71 '/a
7274
*80
95
7%
59
59'A
$ per share
95
7'%
•
Sales for
Friday
Nov. 14
72%
*80
774
STOCKS
Thursday
Nov. 13
$ per share
72
95
*7'%
59
HIGH
Nov. 11
I per share
73
*£'0
AND
Tuesday
10
*80
7174
1,300
7'A
*58%
591/2
500
16%
171/4
1,900
*58%
59
17%
17%
17'%
17%
1774
1674
17
49'A
*48%
49%
*48'%
49%
*48%
49%
*48%
38'A
*3774
38'A
37%
37%
36'%
36'%
*36%
37
7%
7%
8'/a
8'%
8'%
874
2774
27'/a
2774
1,900
491/4
*37%
2774
28
27'%
106
♦100
106
*100
4%
4%
4%
474
*18%
18'%
18'A
18'%
*92
95
3%
39
*92
3'A
3974
*68
39
70
32
32
*9074
12%
*187
94
3%
32%
93
90%
12%
4 Va
19
93
*90
3%
3'A
3974
38'%
39
38'%
40%
9,600
70
70
71
71'%
75
1,600
31
32'%
30%
3174
31
31%
4,200
9074
12'/a
•91
12'%
188'A
191'A
2074
95
*90'A
95
12'A
190%
191
21
*20'A
21
1274
34%
34'A
34
34
34
34
31%
31%
31%
3274
31%
31%
*9974
9974
*99%
9974
*98 7a
99
38
37i%
38
ARMISTICE
3874
39
9674
95
96
DAY
95%
96
32%
7%
7
54%
86%
X99
*50
32 %
7
67
87
87
*49%
49%
49%
49 %
8'/a
8%
8%
87 a
51
30'%
10
43% Apr 19
13% May 19
Oct
—1
18% Oct
38
27
55
Jan
16
19
40% Oct
10% Feb
6
15
38% Feb
1
33
104
74%
11%
Admiral
*40
86'%
87
49%
4974
8
Jan
3074 Nov
13
48% Feb
18
38
Jan
6174 May
Allen
Industries
4%
3'A%
6%
convertible
Amerada
Amer
74%
7474
73
73
72'%
74
300
12
11%
11%
11%
11'%
11%
11'A
500
40%
41'A
1,500
Amer
109'A
109'A
700
4%
41'%
*109%
4%
4%
474
474
87'/a
8574
86'%
177
177
*44
175
177
175
44%
*103%
24
44'/a
44 %
106 %
*102%
104 Va
24
107
*49%
50
49%
21
*20%
*20'/a
*94
107
20%
*94
42%
42%
109%
110
109%
*29 %
30
29%
*4%
*4%
5
474
176
474
85'%
83'%
177
441%
44%
43i%
105'/a
105'%
*104'%
106
24
2374
23%
23'%
24
106'%
49%
♦49'%
107
*106
43%
107
4274
*106
Amer
American
177
176
4,500
450
43'%
106 'A
2,700
1%
Amer
*106
107
110
21
400
American
Colortype
20%
20 y8
1,400
20'%
2074
20%
20%
94
94
92'%
92'%
4274
4374
4274
43%
109%
109%
108%
31
4%
4%
109
30'%
31%
4%
474
*91
93
30
3,600
American
Distilling
American
Encaustic
15%
15%
15%
*15%
1574
200
18 74
18%
18%
18%
18%
1,600
20,400
99
99 %
98%
11%
974
974
*83%
85 %
*8374
84%
♦83'%
38%
3774
3774
3774
*7%
774
24%
8%
*93
8
55
*53
24%
X24
247a
24%
*8%
8%
*93
100
274
2%
274
99%
103%
100%
101 %
9'/a
874
9%
28,100
8%
%
12%
12'%
14%
*14%
14%
14%
14'%
14%
14%
800
20%
20%
20 '/4
20%
19 %
20
1974
20%
6,700
113
112%
112%
113
113
113
LOW
AND
HIGH
Monday
Tuesday
Nov. 8
Nov. 10
Nov. 11
t per share
22%
*94
• per share
22%
22%
*94
96
9%
9
2774
28
*132
135
10%
*33
135
10'%
33'%
33%
10%
10'A
101%
101%
*101%
*92'A
93%
92%
14 3/4
14%
14%
177%
177'%
32%
10
32%
101
*19%
19%
*39 'A
*10%
40
69
19%
*39'A
69'A
156%
*34 'A
*135
6874
157
158
92'%
147a
*135
135
*10
96
9'/a
28
135
10%
34
93/4
10
103
92
143%
*177
32 3/4
X32'%
101
1174
19'%
40
10%
19
*39%
69'%
159
343A
34%
140
*273,4
2274
102 '/a
101
101
11
9%
*33%
102
182
32 %
101
*10%
34
10'%
*177
I per share
DAY
68
157
34%
9274
15
182
3274
101'%
1074
Friday
I per share
1 per share
22'%
*93
22%
95'%
*9
9'A
2774
28
9%
102
9274
9274
143A
1074
lii
155%
155%
155
1%
lii
69
*68
69
69
69
140
141
140
57%
*119
*101'A
*90'/a
6%
65%
34%
34'%
*69%
67%
67%
*155
157
31%
34%
139
139
10674
*52%
18%
*11
90
800
29%
4174
6%
1 1*6
69%
American
News
92
32'A
1,100
974
17,100
10174
1,500
$6
1,900
$5
21,000
182
3174
30
1074
9,600
100%
100
32'%
Power
320
American
4'%%
67%
155
155
34
34'A
*138
142
2874
Am
660
700
Smelt
&
American
30
6%
preferred
Refg
common__No par
106 3
4
53%
19
*11
*5%
5'%
*5%
5%
37%.,
38%
38%
*52'%
13
*11
see
*104
19
page 24.
*5
3774
Apr
23
9% May 17
May 19
18% May 19
110% Jun
4
75
Sep
11%
Feb
13%
Oct
23%
Jun
55
Jun
8
0
Sep
37% Sep
X34% Jan
10
31%
Dec
10% Jan
24
8%
99%
Jan
174
69'%
70%
144
300
13
Oct
153%
153
fs
l)7o
25,400
228,900
68%
6874
400
69%
69 74
3,300
142'%
142%
710
57'A
1,900
1
57
57
56%
119
119
*118%
119
Foundries—No par
No par
No par
Co
28
9% Sep
16%
5
11% Mar
15'%
10
2274
44%
116
Jan
111
8
6%
*63
6%
68
94
7
*62
3474
69%
6774
68%
67
391%
*38%
39
3874
*104
53%
*52'%
19'/a
18%
*11
106
*104
7 %
class
5%
37%
5
37'%
Jan
90
May 19
117'% Feb
21
8874
Jan
com
1
7
1274
Nov
23
Feb
8
173 74
Nov
186
Feb
7
2 7'A
Jan
109'% Feb
24
95 V*
Feb
42% Aug
108% July
974 Aug 25
15'AMay 20
16% Feb
10
Dec
20
223A Feb
4
19
8ep
33'%
Aug
Feb
34
42'% Oct
15
33
8eo
52
Apr
6974 Nov
7
73%
Jan
99
Jun
27
48'% May 19
14
172
May 19
40
Nov
Oct
31
2574 May 19
23'A Jun 10
21
Jun
3
July 17
62
Apr
15
61 Va Apr
19
140
Nov
7
41'% May 17
xl 1674 Oct
12
10
May 19
26'% Jan
Feb
8
2774
Nov
50'/a
25 V«
Dec
43
24
Sep
38% July
20
7
2
24
Oct
17474 Feb
4
2 A Oct 29
82'% Feb
5
8474 Feb
5
5'/a
38
500
1,300
A
P
W
Products
Co
Inc
Archer-Daniels-Midland
15974 Nov
Feb
Apr
200% Jun
99'% May
Oct
100% May
Sep
174
July
May
Oct
78
Sep
121
13%
Oct
29'%
Jan
28%
7074
Jun
Jun
Jun
16
5 0 74 Oct
20
May 23
68'% Jun
5
110'A Feb
13
100%
Dec
182'%
Jun
103'% Feb
13
87'%
Dec
105%
Nov
1074 Jan
69% Apr
6
1
90
574 May 19
62
May
2
30% May 19
107
7
Sep
15%
64
Dec
90
35
Oct
51%
Feb
60'%
Jan
4l
Sep
4
33
Sep
11174 Mar 10
108
Jan
Dec
Oct
30
4674 Jan
16
5874 July
7
43 V*
Jan
1474 Apr
12
Sep
15
20'% July 24
15%
Oct
15
16
Jan 29
1374
Sep
374 Jun
17
6% Feb
21
4%
Nov
Apr 29
39'% Oct
15
5
Feb
May
76'A
10
No par
Apr
Oct
21%
20
Feb
73
48%
Anderson,
Mining
58'A
158
11674
300
Copper
Sep
12074 Aug 12
1874 Feb
8
51
Andes
38% Oct
138
172
150
14
12%
Jan
16374 July 23
58'% Jan
3
15
Corp
160
22
45% Jan
Co
Apr
37
3874 Nov
&
50'%
2874 July 24
No par
Oil
Dec
191
6
Wire &
Clayton
34%
Sep
Oct
Jan
Anchor Hock Glass Corp com__12.50
$4 preferred
No par
Anderson-Prichard
45%
165
158
Anaconda
2,800
1474
5
530
106
x
Mar
600
Cable
Jun
Oct
67'%
50
Apr
22'%
Feb
38%
25
60
133% Aug
123'% Aug
17
21
42
Mar 5
71% Oct 29
$5 prior conv preferred
Jun
July
1774 July
37'% Feb
Jan
2474 May 19
19
No par
163
186
176
Copper Mining
19 '/a
*5'%
Sep
Sep
Anaconda
53
37'%
prior preference
Zinc Lead & Smelt
Oct
97'A
14974 Jun
com—No par
common__No par
100
Dec
34%
100
Elec
43%
10 Ve
146'% Feb
100
Jun
Oct
21
May 17
Corp common—14
Jun
25'A
11
39'A Feb 24
1674 Feb 24
May 19
25
45 'A Mar
106'A
129'% Feb
11% May 19
Highest
I per share
Nov
6
34
25
7
100
19
5%
Amer
&
Jan
13374
July 17
14% Feb
116
100
Woolen
Jun
May
2374
32'% July 17
13,300
52'%
37%
Wks
Wtr
119
Jun
1274 Nov
3
147
Oct
98
15
Nov
30
common
21'%
2
Jan
1574 Feb
99
18'% Oct
preferred
American
Nov
May
Year 1946
$ per share
65'%
19
*10'%
1,400
Am
28'% May 27
9'/a May 19
283/8 Sep
101
100
B
American Viscose
Sep
Lowest
35'A
53'%
13
16,600
14,700
25
x25T4 May 19
new__5
preferred
5%
19
Sep
1A Nov 13
Tobacco
Common
100
10
9
29'A Jan
X45
Jan
Rights
American
Nov
May
1874 Mar
14% Nov
100
„
Tobacco
American Tel & Tel Co
6%
18% Jun
94% Apr
139
Sumatra
35%
118
30% Feb
$ per share
100
Preferred
American
129% May
44'/a Apr
118
Sep
7
106% Mar
$ per share
preferred
American Sugar Refg common
15374
.
28% Aug
14% Jan
17% Nov
5% Oct
Highest
33
200
35'A
13
May 16
12
25
42%
345/a
106
2274 July 30
common
Preferred
183%
16
May 21
5
Conv
*52%
Jan
No par
Stores
500
38%
49
155
Steel
600
68%
37
No par
Stove
American
95'A
39'%
Nov
5%
17% July 28
13
100
American
200
July
41 Va
20% July 15
21
10
American
19%
Jun
6
9
Oct
100
200
132
Jan
7
10
Nov
No par
com
1,400
101'%
37%
For footnotes
Mill
1,600
19%
Apr
32'%
108
Jan
Sep
10
No par
25
*41
Feb
34'A
6% Feb
46
jun
129
com—No par
2874
*131
6~ct
15
16 %
1
No par
No par
Snuff
101'%
*105
13
Ltd com_No par
Light
non-cum
96'%
69'%
118 % Oct
13
100
101'%
69%
18%
100
Preferred
*93'%
7
1
No par
23
19%
Jan
Range for Previous
25
41%
150
48% July 28
Lowest
Building Co
101'%
3574
Feb
104% Stp
Range Since January 1
Co
&
conv
101%
*38 3/4
53
1
Co
Rolling
17%
68
1
100
Amer Rad & St San'y com
Preferred
47%
7
3% May 19
6
preferred
Amer
17'%
3474
25 % May 19
90
preferred
15%
CO
"
4674
*63
13
100
Molasses
17%
Ve
108% Nov
1
preferred
47%
67
Sep
Dec
7
42
100
23
131
152%
69'%
347%
97'%
Nov
10
25
131
69%
95
Mar 12
92 % Nov
100
com
23%
*19
143'%
95
4
102
xl9% Sep
10
preferred
American
17%
34%
39
*105
29'%
70
101%
24
13
5
STOCK
American Metals Co
46 5%
7
12
17%
20'%
Sep
100
YORK
cum
17%
93
7
19
10
Co
Machine & Metals
48'%
*63
69%
*38%
10 %
Amer
177a
102 %
26% Feb
40 74
5
100
common
9,300
57%
6
Aug
56
No par
68'A
119
Feb
8
40
Seating Co
15474
110
47% Oct
EXCHANGE
92%
974
O H-4
NEW
47
7
105% July 18
preferred
17%
93
7
65'A
7%
4674
*101%
132'% Mar
Nov
preferred
Locomotive
16%
93%
72% May
Oct
21'%
Safety Razor
144
57 %
Nov
96'%
No par
common
American
69'%
*118'%
42
American International Corp
American Invest Co of 111
46
45'%
102
57'%
Ice
non-cum
Amer Ship
ifir
*68
1
Jan
American
142 %
119
119
17
17
44%
69%
141
*57%
57'%
119%
153%
1)6
69 %
210'% Mar
Jan
110
25
155%
106'%
Dec
Jan
500
*23
*68
Oct
63
3,400
19%
79
184
Oct
1974
4174
1
12
44%
10%
132
Mar
8
50
39%
251/s
4174
99
10
preferred
1974
2374
131'%
131
15
101
10'%
25
*19
130
*177
32%
100'%
*23
19'%
7
27
3.90%
2,900
15
32
23%
42 %
Nov
28% Feb
1,600
2774
182
*177
25 '/a
131'%
175
115'A Jan
Amer Mach & Fdy Co com___No par
27%
32%
9%
22'%
500
33
33
102
2934
*19
Feb
Jan
Par
9%
10%
25%
*41%
17%
1274
American
95
10
283/4
*130'%
Oct
Shares
9%
133
*233/a
19%
*93
10
23%
42'%
22 'A
133
25%
132
574
55%
39
29%
8
Oct
Sales for
*23
29
7% Feb
5%
19'%
3474
374 May 19
82% Sep 23
5
39'%
139%
12
14
*19
*34i%
110% Nov
9% Oct
SS
& Leather
*39'%
6874
Apr
30
10874 Oct
42% Apr
Hawaiian
conv
19
159
64'%
July 29
5% May 19
6%
the Week
*25
19%
200
Nov. 14
29%
*41%
12%
Oct
STOCKS
Thursday
29
*130
12%
36%
Oct
40
139%
140
113
12%
Nov. 13
Nov. 12
ARMISTICE
10'A
*12%
3
Sep
PRICES
Wednesday
*93
9%
27%
*132
BALE
22%
96
*9%
10%
0 per share
22%
27 3/4
%
113
113
f«turday
12'%
Feb
No par
American Hide
500
*112
127a
Jan
50
18
6%
*14%
30
May 21
American Home Products
14%
Nov
90
American
12%
12'%
100
1,000
20%
5
7
6,900
20%
Jun
17% Feb
1
preferred
American
100
*14%
*12%
88'%
101 % Feb
8%
8%
O^'
3
24"%
2474
72 %
79% Oct
200
*93
7
$6
1,300
8'/a
Jun
77% Jan
July 15
May 19
May 19
8
774
24%
45'A
6% Feb
53'%
100
Dec
Oct
y
25% Feb
774
8'/a
Apr
74%
25%
115% Jan
53%
24%
1974
67% Nov
7
6
800
*93
Nov
Mar 26
13
600
8 74
Apr
11
3774
2474
11
91'% May
53'% Jun
2% Jun
87%
100
1174 Apr
75
Sep
37% Nov
874 Nov
3774
*
23
89% Sep
87
774
64%
50% Oct
Oct
Oct
Foreign Power com__No par
preferred
No par
$7 2nd preferred A
No par
38
55
.
Jan
$7
8774
7'74
July 24
Sep
6%
44
80
Amer &
37%
*53%
90
May 21
Inc
87
8 %
*93
Lines
377i
55
73
Mar
7
34% May 16
20
86
8'/4
100
Export
3974 May
12'A Apr
3
9
20% May 21
American European Secur
American
2,200
874
10%
8
*51%
77a
54
2%
99
98
11%
*37%
54
3
27a
25
36
Tiling
18%
23
Apr
94
Co
300
*15%
Jan
8% Feb
100
Crystal Sugar com
prior preferred
American Cyanamid Co com
3%% preferred series A
32%
1874
July
62% May
NOV
95%
No par
4%%
1,900
15%
Nov
91% Nov
31
10
H 0 CO uV" >5
18%
30%
63% May
108
27
196% Sep
547a Feb
Co
108%
18%
Nov
100
10,000
5
Jan
99%
14
No par
42%
*4%
6
9974 Oct
No par
com
Inc
42%
31
Jan
39
14
25
American
20%
Jun
29'%
29% Sep
31% Nov
7% Nov
1
preferred
21
*18%
11%
Corp
preferred
conv
July
Dec
1«%
105% July 28
42% Oct 14
51
36
Chicle Co
*15'%
*98%
5%
14
35
Jan
113
212%
20% May 19
100
Pdry
7
36% Oct
39% Mar
Oct
Oct"
154
22% Feb
16
No par
com
Cable
&
American
437'a
3
&
non-cum
26
91%
5
63% Nov
100
Chain
Jun
12
July 24
2474 May 19
5% May 19
9
common
500
21
2%
Co
Radio
American Car
100
1,500
30% May 19
91
1
Preferred
24
*231/4
&
Can
14
67
preferred
Cable
16
Jan
1
Corp
Shoe
cum
Jan
98% Nov
50
Bosch
Brake
2,600
15%
3
American
30
10
common
preferred
85
15%
2%
6%
18
May 17
29% May 17
104
Apr
12% Nov
Aug
'
196
May 20
3%
Feb
103
100
preferred
Note
Oct
102% Aug 11
5% Feb
4
46
1
50
common
conv
49
21
5
cum
49
21
29'%
3%%
49'A
21
29'%
American Airlines
American Bank
com
Corp
No par
Chemical_No par
49
21
110
4%
Petroleum
49'%
96
20'/a
96
42
474
85
107
23%
*106%
20 %
176
41'%
110
No par
preferred
Agricultural
747/a
86 %
25
No par
Amalgam Leather Co Inc
800
4%
10
11
preferred____100
Alpha Portland Cement
900
86 7 a
90% Nov
164
100
conv
56
1
5
cum
2% May 19
25% May 19
No par
new
Dye
Allis-Chalmers Mfg common
21%
86 %
&
preferred
64
4%
Inc
Allied Chemical
7%
4174
Dec
Allegheny Ludlum Steel Corp_No par
Alleg & West Ry 6% gtd
100
21'%
110'A
90%
Mar
135
Jan
63'%
41
51% May
Oct
8'A
8%
HO'/a
12%
Nov
82
65'%
41%
Sep
25
69'A
21'%
110
5
2
Oct
21'%
40%
8
Oct
22
109%
18
52%
65
110
Feb
6% Feb
31% Jan
29% Oct
22
8'%
Apr
8
65
X65
Feb
59%
14
_
1,100
1,500
28,400
20%
Feb
1,200
50
Nov
Nov
4,000
87
Jan
44
93'%
50
Jun
75
3874
600
68%
41%
13
92%
_
Feb
Jan
Sep
8% Dec
Jan
37%
1,200
24%
8
300
6%
44'/a
10
May
24%
Jan
6,800
30'%
10
Feb
x50
92
98'A
51
Oct
preferred
100
Allegheny Corp common
1
5%% preferred A
100
$2.50 prior conv preferred-No par
Allied Mills Co Inc
No par
Allied Stores Corp common—No par
6%
F-b
13%
7
Allied Kid Co
30'%
112
30%
Dec
May
19
Nov
common
700
*50
Aug 27
Apr 14
29
20
91
169
4
Inc
31%
674
104
NOV
18
22
40%
*109%
100
8
5
65
74%
No par
May
30% May
6
May
27 '/a Sep
60
7
$ per share
10
Aldens
65
*11%
1
Inc
Alabama & Vicksburg Ry
Alaska Juneau Gold Mining
22
74 %
No par
Corp.
Air Reduction
22%
12
Corp
Addressograph-Multigraph Corp__lO
34'/a
51
July 28
Co
Acme Steel
31'A
98'A
3074
674
110
t>i% Apr
105% Oct
Adams Express
33%
*20%
4
7
10% Feb
94%
*50
874
1,500
1,000
Jun
87% Jan
Highest
S per share
Sper share
6% May 21
100
86'A
8'/a
90
Co
21
50 %
49%
Motors
Year 1946
Lowest
2.50
65
65
*21%
*
12'%
190'%
8774
*86
ACF-Brill
66% May 20
38
38
7%
*50
com
99'%
x94'/a
30'%
X30'%
7
54%
20
12%
190'%
31'A
*20%
95
*90'A
12'/4
191'%
12%
190
34%
32%
12,600
39
32 'A
No par
No par
Abbott Laboratories
t per share
4%%
374
3%
70
31%
*6%
600
70
*34%
*50
3,200
93
374
2074
*31%
4'A
4
19
2074
37%
2,800
6,900
106
*100
19
*20
*9574
27'%
*90
93
3%
106
4
"27%
19
19
*90
3%
27'%
Range Since January 1
Lowest
Highest
Par
Adams-Millis
200
874
8
39'A
*68'%
190
474
8'%
27 '/a
*100
106
4'/a
19
8
Range for Previous
STOCK
Abraham & Straus
95
17%
-
YORK
EXCHANGE
Shares
7%
7%
*48'A
*100
59%
774
71'/a
NEW
the Week
30
Jan
May
62% May
xll4'% Mar
x64'% July
27% May
24%
Feb
1074
Feb
41%
Dec
13
14
Monday, November 17, 1947
THE COMMERCIAL & FINANCIAL CHRONICLE
(2002)
.
YORK
NEW
LOW
Nov
Nov. 8
.
SALE
HIGH
the Week
J per share
f per share
t per
share
13%
14%
14%
14%
13%
14%
13%
13%
141/a
108'/2
107%
107%
108
49%
49%
49%
49
49%
49
49
48 %
48%
99%
99'%
98%
98%
98%
99%
98%
99
99
99
15
15
151/B
15%
15
15
15%
15%
15%
15%
13%
*14%
*111
113
111
107
108
106%
107
1071/2
15%
*15
107
18,100
230
100
$3.75
Arnold
Constable
*15
15%
15
15
15
15
1,200
Artloom
15%
15%
15
15%
2,200
Associated
15%
xllO
110
108
108
106%
X105
105
105%
106%
*104%
106 %
107
107
6%
1st
120
1%
2d
291%
29
29
28%
29
28%
281/4
28%
28%
801/4
80%
80%
80
80%
79%
801/4
79 %
80%
3,400
101 %
101%
101%
101%
New
1,100
80
1,200
♦102%
15%
102
1021/2
15%
15%
102%
15%
102
101%
15%
*50
51
*50
50%
X49
30
*28%
30
*28%
75
*70%
75
*701%
76
35%
*23
96%
23i/4
*113%
*24
115
*24
7
*14%
15
*20
23 %
65%
7
♦14%
96
*113i/4
27%
7
109
96%
*23
65%
*65
109%
96%
110
*96%
36%
109%
36%
*36
110
20%
19%
.
110
900
Atlantic
*28%
30
300
Atl G & W
76
*71
74%
110
47%
34%
35%
110
110
1,800
35%
5%
4,600
410
110
4%
96%
23'/4
23
23
23
23 %
1,600
651%
64%
113%
7
113%
X261/4
27'/a
26%
7
15
•14%
19%
*23%
7
7
15
65%
114
19%
*14%
19
19%
64%
65%
*112
114
1,280
4%
27
100
Atlas
700
Austin
27
*23%
7
7%
15
*14%
15
19%
*19%
19%
7 Va
171/a
*16%
17%
17 %
17%
1,600
5%
5%
5%
5%
5%
10,800
41%
40%
40%
41
41
15%
15%
15%
14%
15%
1,000
Babbitt
15%
15%
35%
15%
15%
15%
7,900
Baldwin
11%
11%
11
11%
10%
11%
16%
16%
16%
16
16%
15%
17
3,700
13%
14
14
13%
13%
13%
14
500
66
*65
66
*65
66
47%
*46%
47%
*46%
47%
17i/4
5%
5%
*40%
41%
40%
40%
♦15%
15%
*15%
15%
15%
15%
15%
15%
15%
11%
11%
11%
11%
♦16%
16%
16%
*13%
14%
13%
*64%
66%
46%
46%
ARMISTICE
DAY
41
500
Av«"
Aug
30
32%
Jun
4
124% Dec
153
May
4
132% Feb
134
Feb
125
148
May
121
May
125
Jun
Dec
34
Sep
2
May 19
99
Jan
2
78
May 28
112
Feb 10
Oct
Oct
29% May
40V2 May 17
59
Feb
13
45
Sep
83
23% Jun
4
34% Feb
15
Jan
22
77
31% Apr
15
15
13
105
100
25
62
107 V2 Jan
95% Nov
100
21% May 19
57
Apr 18
113% Nov 12
No par
22% Mar 11
common—L—No par
5% May 16
Corp
No par
5c
Canteen
Co
Amer—5
of
Corp fThf» common.—3
conv preferred—
No par
Mfg
$2.25
Nov
Oct
Co
5%
171/a
5%
Oct
17
36% May
Dec
12
13
No par
prior pfd ($1.20)
Xl6%
17%
28% Nov 13
common—1
common
Nichols
Conv
18%
66
5
Automatic
4
May
Feb
100
preferred--
Tack
Autocar
Jan
17% Feb 13
20% Feb 13
July
65
112%
NOV
100
preference series A__100
$3.75 series B
100
6onv
1,700
19
102
Sep
15
Corp
Alias
130
17
13S
Sep
18% Feb
preferred
Refining common
Powder
460
114
Feb
18% May
Sep
42%
No par
RR
I <88 Lines
conv
Atlas
65
65%
96
23
114
96%
Line
Coast
Preferred
95%
110
10%
112
7
10% May 19
non-cum
Atlantio
96%
5%
*17
47%
29%
35
36V4
351%
48
*71
15
22
Jan
10
Inc
F
28%
29
*70%
T
47%
49
♦28%
A
15
14%
10
com—100
100
Fe
preferred
14%
15%
Sep
55
$ per share
Co—
Investment
common
5%
14
10% May 19
14
May 17
107
Nov 14
xl05
Nov 12
100
100
Topeka & Santa
Atch
15% Oct 21
130% Jan 24
preferred
preferred
Associates
*29
9% May 19
1031/2 Sep
8
38% Jun 10
9B'/2 Nov 10
5
Highest
t per share
5
No par
common—_1
Goods
Dry
$ per share
Lowest
No par
No par
No par
com
Corp
Corp
70
111
Illinois
of
preferred
Cork Co com
preferred
$6 conv prior
Armstrong
151%
15
Xl5i/a
Co
&
Armour
1,300
1,700
Highest
$ per share
Par
15%
*15
15%
107
108
Year 1946
Lowest
EXCHANGE
Shares
49%
108
Range for Previous
Range Since January 1
STOCK
YORK
NEW
Sales for
Nov. 14
.*.T.
*
STOCKS
Friday
Nov. 13
Thursday
Nov. 12
t per share
'
\
RECORD
PRICES
Wednesday
Nov. 11
10
$ per share
• per share
AND
Tuesday
Monday
Satnrday
STOCK
'
Jun
26%
Dec
49% May
Mar 29
68
Dec
94
39% July 8
113% Sep 22
31
Nov
105
Nov
Aug
May
51% May
130'/a
Jun
34%
Apr
8
26% July 24
22'% Oct
97%
Jan
July 28
X53%
Nov
duly
9
114
Nov
27 % Jan
30
25
Sep
*0%
Aug
12% Feb
10
10%
Nov
25%
Jun
16%
73
121
.
135
Jun
18% Feb
18
Sep
23% July
Nov
13
29% Jan
29
18
Nov
37%
Jan
xl6% Nov
12
27% Jan
27
15%
Oct
32%
Aug
4% May 19
7% Feb
8
6%
Nov
14%
Feb
Oct
83%
Feb
13% May 19
19
May 16
49
Feb
13% May 27
16
41
May
14% Nov
39
8
B
66
*45%
24%
*24%
50 %
24%
*50
25
24"%
50%
25
25
*65
46%
25
25
11,100
10
66
46 %
200
800
25
50%
Bangor
Aroostook
&
5%
Conv.
Barker
'50
50%
32%
33
x31 %
32 %
31 %
3 2'/a
4,200
Barnsdall
13
13
12%
12%
12%
12%
12%
12%
*12%
12%
1,000
Bath
23%
23%
*23%
23%
23%
24
23%
23%
23 %
23%
1,500
Bayuk Cigars
42
42
41
41
*40
41
95
95
95
95
92
92
19%
19%
19%
19%
19%
*43
45
43
43
*95
97
*95
97
19%
*99
19%
99%
7%
19%
*19%
99%
19%
99%
*98
100
8
34
31%
31%
32
31%
16%
16%
16%
16%
34
*31%
*16%
.
7%
*31%
7%
33%
33%
32%
16 %
31%
32%
31%
31%
3,100
16 %
16 %
700
13%
13%
13 %
24%
X23 %
23'/8
16%
♦100
103
*101%
31%
31%
24%
25%
25%
103
16 %
13%
13 %
24%
32
70
7%
*32%
23
104
*102
99
7%
13 Va
13
*22 %
*98
99
30
500
*32%
8
7%
•32
,
*98
300
13%
12%
13
22%
22%
22%
*22
*100
31%
31%
32
25
25%
25
*100
103
31%
31%
25%
24%
3,000
__
_
_
4,300
25%
16,000
25%
1,500
12%
Oct
30
69
66
Sep
88%
Jun
36%
Apr
64%
25%
Dec
41 %
Aug
Jun
55% Jan
18
Nov
6
May 19
50
Feb
27
54% Jan
9
48%
Oct
57
May
15
34% Nov
5
21
Sep
31
May
xl2% Sep
17
19% Feb
8
18%
Dec
39%
Feb
24
Feb
7
21%
Oct
24%
Nov
62
18
25
preferred
41
Nov
13
Jan
2
100
92
Nov
14
110% Jan
31
2.50
common
18
Sep
12
20% Aug
99% Nov
10
108 % Feb
Packing
Belding-Heminway
12
Jan
2
104
Feb
40
Feb
17
11
Nov
30 % Jun
6
May Ifi
No par
1
10
10% May 21
16% May 19
100
Iuj
5
preferred
Aviation
28
33%c
Bendix Home App Inc com
7
7
*82
90
*26%
27
*26%
27
26%
26%
26
26 %
25%
25%
1,700
Best
&
Co
1
30%
31
30 %
30%
30%
30%
30 %
30 %
3,600
Best
Foods
1
19% Apr
96 %
97%
12,200
138%
138%
600
98 %
♦138
98%
141
*61%
15%
63
15%
98
*139%
*62
15%
140
AND
HIGH
Saturday
Monday
Tuesday
Nov. 8
Nov. 10
Nov. 11
I per share
62%
61
61
15%
15
15
SALE
31
17
*34%
19%
I per share
•30%
I per Share
16%
16%
31%
31%
32
551/2
♦55%
700
15%
2,400
32%
3,700
17'/4
*16%
171/2
17%
17%
36
*34%
37%
*34%
37'/2
20
18 %
19 %
18%
19
4,800
32%
35%
31
32%
30
31
6,100
95
95
96
96
95
95
60
36
19%
19%
36
96%
351/2
29%
15%
32
17%
17%
*34%
*95
29%
15%
32
55%
&
Bliss
500
100
Airplane
Boeing
Co
Ami
51%
*50%
511%
50%
501%
51
51
51
51%
100
27%
27'%
27%
27%
27%
27 %
27%
27%
2,200
Bond
43%
43%
43%
44
43'%
44
43%
43%
3,900
Borden
52i/4
531/4
53'/a
53%
52
53%
5,200
96
*3%
4
*3%
*35%
38
*36%
*94
4
38%
8%
8%
DAY
♦3%
38
43 %
43 3
4
531/2
94%
*94V8
4
3%
3%
*31/2
3%
100
Boston
&
37%
*361/4
371/2
100
Bower
8%
200
8%
8%
8%
871/8
*83
87%
851/8
85 %
12%
12%
12
12 %
12
12
3,000
*33%
33%
33%
33%
33%
33%
33
33%
33
33 %
2,700
29%
32%
*101%
171/4
*33
29%
32%
102
17%
34
29%
901/a
29 3 4
8%
*81
29%
33%
34
33%
*101i/2
102
♦1011/2
17%
*33»/2
17%
34
17%
X33
8%
29%
33%
29%
x33
*101%
102
30
33%
102
30
32%
*101
19
18%
18%
18-%
19
19%
19%
19%
*122%
124 Va
*122%
37%
92
37%
*90
*18%
18%
*18'%
*33%
33 %
33%
19%
19%
37%
92
19
33%
19%
20
98
98
124%
11%
37%
♦90
♦18%
33%
90%
8,600
75%
37
90'%
10
200
1,800
300
18 %
300
Bullard
33 %
900
Bulova
7,100
80
91%
88
*85
88
*85
88
15%
7%
83
20
15%
15%
*7%
7%
82'%
82%
15
7%
82%
15%
5,600
7%
800
82 %
140
2,600
121/4
12%
12%
12%
12%
12%
12%
12%
12%
*94%
95%
94%
94%
93%
94
93
93%
180
3%
3%
3%
*3%
3%
3%
3%
3%
*18V2
19%
*18%
19%
18%
19%
18%
19%
80Q
1,500
*101%
102%
*101%
102'%
101%
102
19
19%
101 %
IOI1/2
*101%
101 %
40
26
251/4
25'A
24%
25»/4
*24%
25%
400
31%
31%
31%
31
31
31%
31%
53
*521/2
Apr
Oct
30%
Feb
18%
Oct
33 %
Jun
41
Apr 26
14
May 17
28% May 9
56% Oct
10
37%
Sep
58
Jun
Oct
6
16
14
41% July 23
34
Nov
24 % Oct
15
18
Dec
18
Sep
11
42
Oct
8
101
Sep
20
67
Jan
9
52
Oct
35% Feb
7
27%
Nov
50% Oct
25
May 19
.'
No par
1
100
No par
Inc—
^5
100
No par
1
Terminal
preferred--100
10
common
100
5
4%% 3preferred
Copper.& Zinc^.—■
Butte
Co (A M) common
Participating preferred
Jackson Co
Byers
Byron
No par
100
No par
Mar
Jan
Apr
69% July
48 % May
57%
Apr
61%
Jun
42%
Sep
Oct
15
36
Nov
Sep
10
99
Dec
3% May 19
6% Feb
3
4%
Sep
11%
Jan
May 20
Sep
8
39% Feb
1
30%
Dec
35%
Dec
13% Feb
21
12
Dec
34%
Jan
3
72
Jan
95
Dec
100
5
100
35
73%
112
55
37% May 19
94
Nov
5
15
18"% Aug
66% May
102
38% May 21
5
100
15
No par
No par
No par
2.50
100
No par
May
15%
10
Feb
5
2.50
46
10
33% Oct
Jan
1
Highest
t per share
36
Jan
x20% Feb
59
common-'—No par
Bldg 7%
Mar
25
May 21
12% May 19
18% May 19
116
'
Bros
Nov
14
common
preferred
Burroughs Adding Mach
Butler
31
26
No par
Co
Bush Term
share
Sep
Burlington Mills Corp common—1
4% preferred
3
100
3%% conv 2nd preferred
100
Bush
share
Nov
No par
Co
83%
Year 1946
$ per share
14% May 19
common
El Corp $3.60 pfd
Watch
$ per
$ per
Lowest
Highest
95
Co
Co
Forge
168
"Nov
30
3%%
951%
3%
Co
Deo
53
5
(absented)
preferred
18%
12%
*25
$5
Buffalo
Buff Niag
33
*3%
26
2.50
No par
preferred
(The)
18 %
*941/4
*25
Budd
33
19%
Inc
Co
Bucyrus-Erie Co
7%
preferred
18%
19%
7%
$3.60
32%
95%
151/8
-1
No par
Bruns-Balke-Collender
19
19%
83
Shoe
33%
95%
*86
7%
*36
91 %
11%
124
*891/4
88
15%
x73 %
35%
9J. %
4,800
96%
*86
83
76%
X35V4
4
91%
88
7%
11
19 3
96%
*86
15
500
*89%
*89'/a
*82
100
23'%
91%
93
7%
102 %
*22%
201/4
*89%
15%
76%
11%
102 %
97%
93
83%
11
103%
97
98
7%
77
37%
92
*101%
20
*971/2
15%
4
11%
*891/B
*82
102 3
•122%
♦76%
No par
3%%
Brown
18%
*90
Lowest
Brewing Corp of America
Bridgeport Brass Co
Briggs Manufacturing
Briggs '& Stratton
Bristol-Myers Co common
1,000
23
*37%
1,600
Braniff
Nov
143
No par
Bearing
Airways Inc
32
23
11%
900
33 %
RR
32
23 %
77
30 »/4
102
Maine
32%
22%
123
400
cum
Aug
52 % May
31% July
114% July
Range Since January 1
—15
32 %
102%
11%
2,600
3%%
112 %
Range for Previous
Corp common
preferred
33
23%
77
23
common
3,400
103%
123
Inc
17%
*22%
11%
18% Jan
No par
No par
92
5
17
*102%
77
46% May 20
14 % May 19
36% May
3
A
17%
22%
124%
27
Feb
Brass
&
17
103%
11%
85%
Jan
66
STOCK
I71/2
22%
76%
3
150
preferred
Brooklyn Union Gas
*102%
*123
101% Nov
Co
Roller
*36
96
12%
*81
76% May 19
136 % May 19
(The)
Co
52%
12%
8%
Feb
No par
94 %
12%
901/2
22
B
Stores
53%
12%
*8%
*81
Class
96
38
29
Co
class
Borg-Warner
94'%
53'A
32% Oct
common
Aluminum
Bohn
Bon
27%
*94
19
preferred
Bliss & Laughlin Inc
Bloomingdale Brothers
*50%
ARMISTICE
Sep
Dec
29% Nov
conv
*27%
941/4
24%
06%
No par
Co
Apr
12
7
Co
W)
Jan
21
Decker Mfg Co
'E
$2.25
Jan
58
35 V? Jan
Par
Black
37
112
Oct
Oct 28
EXCHANGE
Blaw-Knox
Apr
28% May
35% Jan
Oct
25% May 17
Carpet
YORK
30%
Dec
100
Electric
NEW
28%
17
Shares
36
*16%
36
96%
9 per share
*55%
*55%
361/2
Bales for
Nov
16%
com—No par
(Del)
Bigelow-Sanford
Birmingham
15%
102
28% Jan
preferred
the Week
55%
55%
*95
x
30%
Friday
15 %
30
30%
16'%
*36
200
1,600
31%
30%
16
31
19%
61%
14%
Nov. It
Nov. 13
30%
19%
14%
Thursday
Nov. 12
17
*551/4
*60
1%
25% Nov
Oct
103% Feb
pfd $3,25 ser of 1946.No par
Bethlehem Steel
9
STOCKS
Wednesday
15%
-31
15%
,
17% Sep
15
21'/a May 20
com—No par
Loan
Indus
PRICES
31
31
98
139%
15
15%
t per share
97%
139%
*61
63
LOW
I per share
99 %
140%
98%
99
141
6
10
39 % Feb
25%
30 %
18% Jan
24% Nov
106% Aug
•84
30 %
14
2
.25%
Cum
18% Oct
May 17
Jan
90
Beneficial
Mar
39% Mar 31
25%
90
110
5% May 27
31% May 16
*82
25%
118% July
10
Aircraft Corp
&;Howell Co common
May
Nov
1
Co
73
111
50
88
*84
Sep
15
100
RR
24%
25%
46%
7
25%
90
28% July 28
May
20% Apr
24%
25%
Feb
Jan
46
*25%
*84
13
60
Jun
pfd—;
Beech-Nut
Bendix
16 % Feb
18
Corp
Aircraft
Creek
4% %
32 y4
9% May 19
No par
Inc
Beech
Bell
Jan
1
Corp_<
Co
Mills,
Beech
Bell
47%
5
conv
cum
Beck Shoe 4%%
300
Jan
Oct
50
Inc
Foods
3%%
Beaunit
30%
18%
10
common
Co
Works
Iron
Beatrice
1,400
103
Oil
Jan
Oct
25% Feb
50
common
preferred
4%%
33%
7%
*32%
7%
*32
*50
38%
11
11% May 17
100
Corp (Delaware)-10
Brothers
50%
33
Nov
16% Feb
preferred
Barber Asphalt
32%
17%
24% Feb
7% May 17
100
preferred
33
•50
13
common
6
100
Works
Ohio
&
32%
*50
1
Inc
Locomotive
Baltimore
4%
T)
(B
32
8
85
12
30
23%
32%
102
17
Oct
Nov
May
May
Nov
Nov
Nov
25% Jun
10
13
17
19
8
7
13
11
49% Jan
96
Jan
18% Feb
27
13% Sep
20%
11
30%
Oct
53%
Jan
31% Feb
10
23
Oct
42%
Jun
Jan
2
109% Apr
3
105
Nov
28% Feb
5
25
Oct
36% Jan
7
63
106% Apr
10
27% Feb.
13% May 19
120
Jan
2
9'
May 19
72% Jan 15
25% May 20
90% Nov 14
14% May 19
26
May 14
14
May 19
9"5%Jan 2
80
May 19
84
Jun 4
12% May 19
6
May 19
72
Jun 6
11% May 19
93%
3%
13%
94%
19
13
17
19
22
May 19
Nov
May
May
May
107% Aug
40'% Feb
101% Oct 20
20% Sep
9
30
35%
31%
103
Jan
70
115
38%
Feb
May
Apr
Apr
Sep
45% May
Oct
110% Mar
20%
Or*.
36%
14
14
Sep
25% May
30
7
120
Jan
14% Feb
86% Feb
18
20% Oct
124
Sep
3
130
Apr
Feb
9%
Oct
22%
Jun
70%
Oct
99
Jun
37% Nov
7
25%
Oct
45% Feb
102% Apr
11
96%
Deo
108% Mar
23% Feb
18
18% NOV
46%
38% Feb
10
33
Nov
59% May
22% Feb
17
16%
Oct
26"% July
104% Feb
15
95%
Dec
111
Mar 12
84%
Dec
97
Dec
119% May
102% Aug
13
Nov
100
95% Jan
6
16% Oct
23
9% Feb.
8
Jan
22
24% Feb
7
108% Jan.
4
88
6
Feb.10
22% Oct 23
104
Jan
3
6% NOV
75
Oct
20% Nov
105
4%
Sep
Oct
15
Oct
99
Oct
21%
15%
98
Jun
Mar
Jun
Jan
May
39% May
May
110
9% Jan
35 %
Feb
112% July
6
19% NOV
40
32% Sep
18
27% Dec
53
Oct
47%
Apr
58
Apr
27% Oct
May
C
30%
30%
30%
53
1,100
*52
*52
California Packing common—No par
2
2
2
2%
2
9
2
2%
2'/8
2%
7%
7%
7%
7%
7%
7%
3,500
Callahan
7%
7%
7%
7%
3,700
Calumet & Hecla Cons
Campbell W & C Fdy
Can Dry Ginger Ale com
*31%
15%
*117
15%
31%
15%
*117
32
*52%
30%
15%
15%
119%
*117%
46
*44%
*19 %
19%
*19%
19%
•19%
11%
11%
10%
11%
10%
70
53
31
*52%
30 %
30 %
30 %
53
46
44 %
30%
1,100
15%
15%
15
15%
5,700
117%
117
117'/a
290
44 %
*43%
44%
*43%
44 "2
10
19%
19%
19%
19%
19%
300
Canadian
11
10%
10%
10%
11
18,100
Canadian
34%
34%
34
100
*34%
36
34%
34
•12%
13%
*12%
14
*12 %
14
12%
*12%
14
•55%
56%
•55%
56
*55%
56
56
*55%
56
For footnotes see page
24.
1,000
100
—50
preferred
5%
117%
15%
121
70
*44%
<
32%
122
53
Zinc-Lead
Copper
1
5
No par
1.66%
No par
Capada Southern Ry Co—___-100
$4.25
Cannon
New
preferred
Breweries Ltd
Pacific
Ry—
Mills
•_
Capital Admin class A
$3
preferred A
No par
-—25
No par
No Par
common—1
10
24% Apr 28
52
Sep 30
2
May 14
6% May 19
21% May 19
12% May 13
116
Mar 15
42% July 1
18% Sep 29
9% May 17
56
Jan 17
32% Nov 13
11
Apr 14
50
May 26
Jan
29
3% Feb
8
8% Feb
x55
34% Oct
7%
Feb
Oct
12%
Jan
Oct
40% May
3
Sep
1
6%
22
20%
18
July
Feb
10
113
Nov
147
May
48% Feb
18
43
Oct
58
Jan
25% Feb
20
24
Dec
25%
Deo
15% Feb
13
11%
Oct
22%
Feb
51% NOV
73%
Apr
12%
21% May
17% Feb; 10
132
78
Aug 22
12
12% NOV
34% Nov
14% Feb
1
57% Feb
18
50
Oct
Oct
59% May
Volume
166
Number 4647
THE
LOW
AND
HIGH
Saturday
Monday
Tuesday
Nov. 8
Nov. 10
SALE
Nov. 11
t
per
106
$
share
106
i:'30%
per
*105
31
share
t
per
share
108
30%
FINANCIAL
CHRONICLE
per
Friday
share
$ per share
104
104
Sales for
Nov. 14
Nov. 13
the Week
$ per share
104
104
NEW
104
90
Carolina
Clinch
Carolina
Power
30%
31
301/4
2,200
in
332
iff
1/128
a'»
1/128
1/128
22,600
40%
411/4
4IV4
40%
41%
39%
59%
1,100
17%
Rights
Carpenter
17%
l7'/4
17%
17%
16%
17%
17%
17%
17%
4,400
42
Carrier
42
42
42
42
42
42
42
41%
42
7%
43
142 %
*
7%
43
7 Vb
42 7
142 VB
B
142%
7%
7%
43'/a
*142
57%
57%
57%
58
25%
25%
25%
*104%
139
27%
7%
43 Va
143
25%
30%
1
*7%
44%
7%
43%
141%
57 %
30
73/4
43
142%
X56V2
30%
56
25%
253/4
2434
105
104%
105
104%
104%
*104%
139
139
139
138
138
7%
*140
563/4
300
3,500
142
56%
25%
800
43%
42%
142
70
56%
25
1,600
25%
11,500
105
104%
104%
500
137
137
137
137
140
27%
271/2
277a
27V4
27%
26%
27Vb
27 VB
27%
20%
20%
20 VB
20%
*20'/a
20%
20%
20%
20%
18%
19
19%
19
19
1,900
20 Vb
700
18%
19%
18%
18%
8%
8%
3,100
8%
8a/4
8%
8%
8%
8%
8%
3
8%
8
2,000
8 Va
8%
8
8
8
8%
8
8%
2,100
•*110
*80
110%
*110
111
83
*81
83
8
8
8
*7%
13%
19
13%
*131/2
*110
111
"'81 %
72
133%
*110
83
8
13%
111
*81%
8
13%
110
83
13%
110
*81%
8
*7%
8
13%
50
83
Case
Corp
1,200
13%
900
Ry
100
Light
&
Co
100
Co
104
30
General
Co
I)
12
128
$ per share
Jan
9
112
Sep
Nov
14
39%, Jan
2
13
•f\ Nov
14
50% Feb
7
21 % Oct
14
Oct
15
347» Nov
Corp
7% Feb
8
1
6
__25
common
100
Corp common
preferred
May 23
49 V* May 19
156
No par
of
Jersey
Sugar Co
Violeta
61%
Oct
Nov
5474 Nov
27% Oct 22
6
Apr 28
Dec
Jan
34
Jan
60
Feb
10%
Jsn
55
Jun
183
Jan
81% May
18% Nov
23%
Sep
1047a
Sep
1097a
Jan
138
Oct
1617a
Jan
32% Feb 24
22%
Jan
387a
21% Feb 14
227o Feb 19
20
Sep
Sep
29
Jan
July 17
18'/a Jun
6
7% May 19
8
Nov
5
'
110
Nov
8
82
ser_100
New
Sep
20
20
Corp pfd 3.40%
13
39
19% May 19
Central Hudson G & E Corp„No par
Central 111 Lt 4 V2V0 preferred
100
RR
May
39%
153
8
10872 Jan
Nov
Deo
317« Nov
7
Feb
64
137
Aguirre Association—No par
Central Foundry Co
_1
Pi
158% Jan
387a
6%
45% Oct 21
17 V* May 19
104 % Nov 14
Central
tCentral
13
138
Celanese Corp of Amer com__No par
$4.75 1st preferred
___No par
77c 2nd preferred
100
Celotex
Jan
29>/2 May 19
No par
137
13% Nov
45
Highest
$ per share
1
12'/a May 19
35 % May 19
50
Preferred
Central
Year 1946
$ per share
39% Nov
10
series
Caterpillar Tractor
5%'
Nov
5
common
47a
&
(J
Ohio
S per share
Lowest
1/128 Nov
Preferred
Carriers
&
Steel
Cent NY
8%
13%
Range Since January 1
Highest
Lowest
Par
40 VP
1
Range for Previous
STOCK
Shares
id
i
YORK
EXCHANGE
40%
i'«
40
(2003)
STOCKS
Thursday
Nov. 12
104
31
&
PRICES
Wednesday
$
COMMERCIAL
Nov
7
4'/2 May 19
100
12'% Aug 21
9.50
20
Jun
23
July
14 7b Jan
2
87a
Oct
17%
Apr
1072 Jan
2
9
Sep
13%
Jan
4
110%
116
Feb
9672 Apr 15
12% Jan 31
Jun
87a
116
Dec
89
102% July
23% Jan
Sep
Jan
16% Oct 27
*10
11
25
25
25'/4
25%
Century Ribbon Mills
24%
25%
No par
972 Sep 25
U
24
Dec
24
243/4
22%
233/4
17%
6,700
Cerro
17%
18
18 7s
6
18 VB
17%
22% Nov 14
3574 Mar
18
No par
31%
17%
Sep
5174
17%
17%
3,500
Certain-teed
1
11% May 19
2174 Jan
2
14%
Jan
25% July
237a
Nov
*27
*23%
*105%
12Va
*29
*10
28
11
*27
*10
23i/4
12%
ARMISTICE
23%
DAY
105%
23%
106
27%
105%
12%
30
11
*263i
X23
*10
271/a
11
27
27
231/a
105%
22%
*105%
106
12'/a
12'A
12%
*12
29%
*29
30
43%
43'/4
431/4
44
93 '/a
93 %
93%
93 74
*92
4 %
4%
4'%
4',2
4
8%
8'/4
8 '/B
8 %
8
8%
8%
8 Va
8%
8 V2
27%
23
100
23
105%
121/a
29 Va
11
*26%
23
105%
30
*29
*10
1,200
105%
12
150
43/8
4VB
4%
*4%
4%
1,700
8V4
7%
73%
7%
7%
1,700
8%
8%
8%
t%
8%
6,300
*5 Va
5%
1,000
5%
5%
5 Vb
5 %
5VB
5VB
5'/a
10%
10%
10%
10 %
10%
43%
7,900
92
400
10%
10%
IOV2
10%
5%
1,000
5%
5%
5'/4
51/4
5%
5%
*5%
3 V4
5%
3%
*31/4
3%
1,500
3%
3'/4
*3 VB
3%
7%
3%
3%
8
1,000
8%
11,300
*5%
*
7%
8
8
8'/B
7%
8
8
*29V4
29%
29
29%
29 VB
29V4
29
29VB
29
29%
15%
15%
15%
3,600
1572
15%
15%
15%
15%
15%
15%
5,100
39'/B
39'/4
39%
39%
♦36V4
37%
35 %
36
x35Va
31'/a
35 Vb
31%
31 Va
31%
2,300
31 1/4
31%
30%
31
301/4
30%
2,500
57%
56
56
Jan
57a
Oct
5 %
preferred
50
Chic Ind & Louis Ry Co cl A—25
8% May 19
15% Feb
7
1174
4% May 19
2% May 21
6% May 19
107a Jan
30
6% Feb
4
14% Feb
8
>_100
23% May 19
38% Feb
7
No par
14 '/4 May 17
35Vb Nov 14
27% Feb 21
53% Feb
13
Sep
Sep
Sep
347a Sep
20 y2 Jan
32% Oct
15
17
July 23
Class
St
Paul &
P vtc__No par
com
5%
preferred
:
100
Chicago Pneumat Tool com—No par
*11%
I2V4
*17
17%
100
Chickasha
4%
1,200
tChilds Co
26%
26%
106
46%
*33
16 1/4
31%
26%
26 %
105
26
*34
37
60%
3/4
104 VB
24 Vb
24 7B
231/2
23 Va
4 6 V4
46V4
4674
4534
46'/4
33 %
*33
9'/4
33%
*9»/4
86
*84
16%
*16 VB
31%
33'/4
97/B
31%
16'/a
32
23'/4
600
46%
44
44%
3,200
33
32'A
32%
800
9%
300
9%
93b
*84
16 »/4
31
16'%
3P/4
*9%
86
*84
161/8
*30%
86
16 VB
31%
189
*165
189
*165
189
*165
189
95
95
95
95
95
*90
100
*90
39%
109%
401/4
*108%
40
*108 Va
109'%
*32 "4
33
33
*106%
108
106
77
77
*75
*44
45%
16 Va
*38%
37%
*141V4
33
33
33
*106%
32 3
108
76%
76%
45
*45
16''4
17%
108
*75
45
16%
32 3 4
4
*106%
45 72
109%
39%
393/4
1091/a
109%
60
331/4
2,300
4,700
16 3
32%
*106%
108
78
*74
*45
47
16%
171/4
4,800
38'/a
x38 %
38 Va
38
38
38%
381/2
500
37%
37%
37%
37Va
371/2
37 ac
37%
37%
37%
2,200
142%
30
143
*1411/4
143
*1411/4
Monday
t per share
189
*188
62 3
63%
HIGH
Nov. 11
t per share
188
AND
Tuesday
Nov. 10
4
63
44
44
*95
96
943 4
28%
28
28
19%
43%
63
441/4
9434
27 V4
19%
$ per share
*1300
943'4
27%
20
20
43'%
•
*95
26%
*191/2
188%
63
187%
187%
400
62%
62%
220
*1300
_
44
43%
43%
96%
95
95
27
x26'%
20
20
20
700
2,300
4,400
100
26%
1,400
15%
16
15%
16
15%
15%
1534
16
18%
18%
18 'A
181/4
183/8
18%
17%
1,7%
18
1834
*10%
11
1,200
11%
11
11
11
*10%
11%
*10%
11 %
40
*11'%
11%
11%
11%
220
*10%
11 Vb
11
11%
12
*1034
25'/4
25V4
*25 Vs
*243/4
25%
11
25
12
11 %
12
*36%
37%
38
38
*14'A
14%
14»/4
14 74
11%
*73%
42'A
4674
46%
1021/4
233/8
23'%
237a
37a
3
3%
♦11%
23%
23%
23 '/4
53/8
22
105
187s
171%
11%
32'%
53/8
223/4
105
173/4
514
17'%
17'%
14%
*1472
34%
*101
14
96%
*96
963/4
13%
14 74
14
141/4
*9572
967a
*96
96%
13%
'
97%
34%
102%
343%
35
101%
*99
95'%
34%
*97
95'%
353%
101
74
105
*11%
11%
*95%
900
1174
223/4
*96
11,000
17%
11%
413%
27
11%
2,300
22%
41%
1,700
26%
11%
108'%
33,600
23'%
41%
36,000
5%
22%
14i%
3,200
3%
22%
23'%
35'%
23%
109
5%
22 %
110
3
213/4
22%
14%
44
5%
105
11
41
7%
Coca-Cola
Class
Co
(The)
1
50
A
Corp
Colgate-Palmolive-Peet com
$3.50
Collins
Colonial
Colo Fuel
5%
& Iron
cum
Colorado
4<7o
conv
>°z
4%
52%
105
17%
.
1,200
3,100
11%
300
53%
3,400
11%
11%
6.800
22%
22%
1,800
53
14-%
14%
14%
14%
1,300
34
34
33
33%
1,800
101
41'%
*96
13%
109
41%
9 6 3/4
14'/4
95
95
343/4
35 y4
*97
101
109%
40%
*96
13%
*94%
34%
*98%
1093/4
42
280
Jan
10872 Mar
Jan
106
23
101
Jan
22
997a
16
57
Feb
18
5674
Feb
62
24% Feb
3
19%
Dec
44 72
Sep
141% Nov
10
13
154
6
Feb
7
1527-
$ per share
141
X6IV2 Jun
97
35%
$6
w
May 19
33
94% Nov
26
par
18
12
167b May 19
8
49
48%
49
48%
*16
241/4
49
48
49
16%
16
16
24%
24%
52%
51%
51%
52
52
52'%
*51 a/4
14
14
14
14
13%
13%
13%
13%
13%
14
*46%
48
477a
477a
46
46
*45'%
46
46 V2
46%
14'%
143%
14'%
14'%
14'%
1472
2.000
55%
56%
53
56
553%
56%
390
230
Oct
22
Oct
23%
15%
Oct
24%
Feb
12% Nov
41
Jan
17 74 Feb
11
167a Feb
4
13
39
Jan
Sep
Jan
30% May 28
6
3274 Nov
48
7
20
Dec
78%
Deo
14
39% Aug
2272 Feb
Nov
3
Sep
29
86
Mar 21
39% Apr 28
50
Feb
13
367a
36
487a Oct
23
367a
3
1037a
.
May 19
101'% Oct
31
—25
108% Nov 14
26% Nov 14
Publishing Inc
No par
8 % May 16
11572 Feb
26% July
4
Jan
7
2
123% Jan 29
19
Apr
Oct
50%
Aug
Oct
Dec
59%
Jun
Nov
2% Jan
111
33% Jan
2
Sep
2974 Sep
14% Jan
2
1274 Nov
„No par
23% May 19
32% Nov
14
247a Nov
3572 Feb
11
33
No par
30
Apr 14
47/b May 19
21% Nov 14
Nq par
104% Nov 13
$5
Y
com
preferred
Consolidated
Grocers
Feb
7
57a
Oct
3
24%
Oct
10874 Mar 26
1057a Sep
123
5%
132
367e
657a May
10% Feb
36
109%
11% May 21
20V2 Feb 13
1774
11
Apr 29
40% May 19
157a Feb
10
13% Nov
23%
5472 Jan
2
42%
60
1
10% July 30
Consol RR of Cuba 6%
ipfd
Consolidated Retail Stores Inc
100
1
Consumers Power Co com—-No
par
$4.50 preferred
Nopar
30
33
14
20
common
preferred
Nopar
97
5
Nov
9
Nov
5
44
1
5
Jan
167a
Sep
47
Jan
Nov
32
Aug
xffl
11472 Feb
109
10i
Continental Motors
Continental Oil of Delaware.
Continental Steel Corp
Apr
May
Deo
38% Feb
Nov 12
33%
17
Jan
17
May 19
12% May 19
Feb
Jan
25% July
14% Nov
17% Mar
Feb
Sep
40% May
5
Sep
Jan
Jun
18%
15
Jan
July
32 y4 May
1.33%
Corp
Consolidated Laundries Corp
Consolidated Natural Gas
,
Consolidated Vultee Aircraft
Inc
Oct
29 72 Feb
7
Apr
36% May
106 7»
Cigar
No par
Consolidated Coppermines Corp
5
N
Jan
2074 Feb 10
17 74-Feb
4
Jan
Nopar
Edison
of
Jun
14
5
147/a
18
87a Sep
18
101% Nov
56
1074
Aug
22% Oct 23
12% Oct 14
Apr
2 % May 19
Congoleum-Nairn Inc
$3.75
143/a
637a
110
10
29
56
Oct
Jan
Co
Edison
60% July
Deo
37
Jan
Sep
143/4
4274 Feb
X99
38
Nov 13
56%
10
47
34
230
Feb
Feb
69% May
47
95
1,600
46
Deo
200
Oct
Continental Can
200
56
105% July 25
6174
Highest
$ per share
1274 Oct
13% May 27
5,600
11
May 22
Jan
2
Oct
277a Nov
Continental Baking Co
com—Nopar
$5.50 preferred
No par
2,000
6572 Jan
1155
130
28
19
2,900
400
6
lo
Apr
32 % May 19
6,300
19174 Nov
$ per share
32% Jan 21
,
Container Corp of America
com__i2o
4% cumulative preferred
100
101
243%
May 44
$ per share
3272 Jan
Insurance
48 74
May 17
Lowest
23
Consolidated
Consol
May
8
May 20
22% Apr 16
2.50
Diamond Fibre
874
Aug 25
20 Vo May 19
preferred series
Commonwealth
165
Jun
_2.50
,.100
11,200
9
May 17
com—No par
8%
8%
7
No par
South
&
8'%
9
10
May 21
common—No par
Commercial Solvents
Conde Nast
May 19
1140
preferred
Commonw'th
Ft I
367a May
60%
No par
preferred
cum
Jan
Apr
Ju /
Year 1946
Range Since January 1
Lowest
Highest
20
Co
8 3/4
8%
1137a
Nopar
Continental
page 24.
Sep
Jun
Oct
No par
Electric
Continental
see
109
106
Oct
2,600
9 6 34
14%
$3.60
&
1,000
For footnotes
3
45
preferred—100
2,900
14%
Mar
75
15% May 19
2nd
non-rum
11%
•56
4
35% July 28
24%
Columbia Broad Sys Inc cl A
Class B
50%
51%
115V2 Feb
109
9% May'15
11%
*51%
Jan
10
preferred—100
50%
1674
Feb
108
Nov
1st
non-cum
11%
25
205
Jan
3972 Nov
common—100
511/4
2434
Sep
105
39% Mar 12
preferred
11%
*16
28
4872 Mar
Corp com—No
Southern
May
27
May 21
5
51
15 %
10
Jan
43% Jun
Jun
Inc
12'%
24 74
4
27 y4 Jun
No par
51'%
15%
107% Oct
No par
Aikman
Mills
22
106
Nopar
preferred
&
4472 May
33% Oct 20
95
32
No par
Internat
12
24
26
37
NO par
51
16i/4
18
Feb
387a July
5874 Apr
Range for Previous
11%
247s
20% Feb
Dec
114
1787a
STOCK
50%
52 74
May 19
Mar
1
11%
24'/a
37
94
No par
com
50Vs
*15%
par
50
11%
48%
May 19
Jun
No par
51%
48%
23
85
loo
gtd
11%
9
28
100
com
50%
9
387» May
Jan
12% May 19
Par
$4.25
22%
22
104%
52
417a
157a Nov
Inc
Pictures
78
200
117a
34%
40%
4,600
12 Va
109
*74
31%
53 74
*41
1087a Mar
stock
YORK
Carbon
32%
12
15
Dec
EXCHANGE
Columbia
31%
52 Va
35
Oct
88%
100
Columbia
32 %
*11 74
109%
Sep
97a
6
Preferred
1,000
32'%
12
35
Co
Peabody & Co
1,500
32'%
53
10972
27%
10
20
Ry Co
Industries
Gas
32 VB
12
35%
3
11% Feb
Co
4%
Columbia
*31%
52%
109 74
27,500
23%
3'%
123/a
14%
20
1,900
500
23 %
109%
53
*35
11%
25
25%
101'%
*52%
109%
34 y4 Nov
Oct
84
590
45 %
*12
22%
25
*24%
1021/4
31'%
11%
27 y4 May 20
8
May 19
:5
loo
2,300
4a
102 '/4
*31%
18 VB
No par
45
46%
102%
53/8
18%
Oct
102
46
1021/4
3174
17'/a
367a
70
574
223%
30
w__No par
3174
105
48 V2 Jan
Columbus & Southern Ohio Elec„10
Commercial Credit common
—10
78
41%
32
22'%
37 Vz May 19
1,500
40 3/4
30%
*104%
No par
40%
*74
27%
22 %
Nov
143/a
11
105Va
Deo
21
37%
26%
22%
108
18
14'%
31
♦104%
20
Feb
common
RR
NEW
307a
6
Feb
28
37
78
21% Sep
29% Jan
14'%
417a
36
111
No par
gtd
674
1
23
Apr 14
100
Pitts
77a Mar
21 Va May 21
38
11
53/a
25
104
21
10
Co
14 '/a
27%
31%
8.50
com
37%
11
3072
May
38'%
27'%
11%
53
14%
11%
27 VB
11%
30%
Sep
66% Oct 21
14 %
27%
27V4
42% Mar 17
9
33
38
3
11%
Jan
Sep
56Vb Sep
11%
108%
27V4
15
11%
3
110
257s July
Deo
12
1093/4
*109 74
2574
Oct
1134
3
109%
Deo
14
121%
109%
109Vb
113/4
12
41
102 y*
5%
25%
*74
46%
*31
25%
25
78
102 V4
30 '/4
10%
25'%
25'%
42
*461/4
3
10 3/8
25'/4
42
*101%
*23Va
1134
251/8
*25
*74
78
421/4
11%
*10%
74
25
25
*11 3/8
Jan
14
18
Illuminating com—No
Coca-Cola
16
ll3/a
Jan
11
Shares
15%
*10%
597a
Feb
5
the Week
*187%
623/4
ARMISTICE
Elec
&
Molybdenum
Sales for
Nov. 14
$ per share
189
Friday
Nov. 13
DAY
.44'%
*141
Dec
STOCKS
Thursday
$ per share
62 %
95
*271/4
141 %
Cluett
Jan
45
15% Feb
preferred
Clinton
37%
1
17
Graph Bronze Co. (The)
preferred
&
Feb
Nov
6
100
PRICES
Nov. 12
*1,300
*43%
20%
141%
Wednesday
188 %
*1,300
__
SALE
143
Gas
Cleve Elec
Special
Jan
76%
13
25
Equipment
Climax
Jan
437a
4y2 Oct
preferred
Cleve
30
17
82%
15%
11% Nov
preferred
$4.50
1172
30%
15 y4 Jan
City Stores
5%
Feb
1174 July
387a Jan
10
2.50
City Ice & Fuel
City Investing Co
Clev
15% July
Oct
No par
Preferred
5%
33%
Sep
56
Oil
Cincinnati Milling Machine
C I T Financial Corp
90
78
47
4
Cincinnati
Clark
16
Oct
7
3%
5iy4Mayl9
No par
Chrysler Corp
110
38 V2
1 per share
201/4
40
50
3 V2 Apr
No par
Cotton
C C C & St Louis
100
"
LOW
*63
*10834
600
189
•
38%
Nov. 8
*1,300
39%
109%
77
16%
Saturday
188
40%
108%
106%
*45
16 %
40
1,100
31%
*165
*90
preferred
Chicago Yellow Cab
5»/2%
16%
.
*30%
*165
40
100,
23 %
33
86
16 Vb
5,200
104
24
91/4
*84
*101
27,100
26%
26%
105
convertible
Chile Copper Co
61%
441/2
33i/4
9 %
86
37
60%
26%
*23Va
*102
*34
60%
26%
104 VB
24 VB
9%
*84
*101
37
$3
92% Nov 13
No par
Series A preferred vtc
•4%
24
!
Co
No par
Chic Milw
17%
26%
.
RR
Chicago & Northwest
4%
*101
!
111
B
17%
62
Apr
25% May
667/a Jun
1
4%
*34
Oct
8% Feb
17%
x61
ivrar
48%
Jan
*17
63 74
17%
2
147? July
1774 Jan
17%
62%
28
187a
*17
*341/2
30 '% Oct
54% Jan
26 7e
17%
63
3
10
23
Oct
12
62%
Jan
4iy2 Jun
Jan
Oct
12
100
32
Nov
12V4
*41/2
Oct
77a
58
*4%
12 7a
Oct
114
9%
*55%
4%
13
Jan
2574
Sep
~4%
*11%
36
207b Feb
43
21% Nov
105
9% Oct 21
12 74
434
23
12% Jan 29
57 "a
5
10
6y2 May 19
4'% May 17
*55'%
36
Feb
Chicago Corp (The)
l
Chicago Great West RR Co com—50
*11%
*4%
Oct 20
Jan
10272 July 25
7% Feb
3
12 1/4
*34
30
27
110% Jan
May
14
East
55'/4
*17
18
5% May ,19
&
Class A
55»/4
200
.
19% May 21
103% Jun
4
IOV2 May 10
14% Feb
40
Chic
*11%
*55i%
20 7a May 19
par
Chesapeake Corp of Virginia
5
Chesapeake & Ohio Ry common
25
3V2V0 convertible preferred
100
92%
*5 VB
No par
100
30
43%
'A
10%
$4.50
1.25
43%
•
Co
Champion Paper & Fib com—No
Checker Cab Mfg
92
43%
Products
No par
44 VB
*90
Belt
Copper
preferred
92%
4334
Chain
Pasco
800
12
*29
de
May 17
May 20
6% May 19
35
Apr
14
19% Feb
48
Feb
24
10472 July 31
20% Feb 10
10672 Apr
9
44% Feb
8
35% Sep
12%
101
337a
Feb
Sep
Sep
115% Mar
547a
22
Apr
July'
109 Vb
Jan
53%
Jun
110% July 30
13 74 Feb
7
1037a Nov
5474 Feb
3
467a Nov
63
Jan
12% Feb
8
10
24
Jan
5074 Oct 23
Feb
19
87a Nov
Oct
113% Mar
18%
Feb
33%
Oct
49% May
15
Nov
X23 % May
14
147b May 19
19
Cooper-Bessemer Corp com
No par
$3 prior preferred
Nopar
Copperweld Steel Co common
5
12% Apr 14
2772 Oct 23
1374 Nov
30%
Feb
43
5272 Oct
8
4674
Dec
56
Jan
17% Oct
6
127a
Oct
237a
Feb
Oct
60
27%
Apr
Jan
6772
Jan
Convertible pref 5% series
Cornell-Dublier Electric Corp
50
Corn
20
Exchange Bank & Tr
Co
1
May 16
12% Jun 27
46
Oct
17
55
Feb
5
12% May 17
20% Feb 13
52
61
Anr
14
Jan
7
50
X1274 Nov
52
Sep
n
16
COMMERCIAL
THE
(2004)
LOW
Monday
Saturday
1 per share
23
23
♦98%
100
100%
65
65'/a
♦174
176
$
per
22%
share
HIGH
*98-%
64%
t per share
$
per
100%
♦100
*98%
100%
100 5/a
65%
65%
share
65%
175
175
5%
5%
5%
5%
5%
5%
*3Va
3'A
3
3%
3
3'A
34%
34%
35%
35%
35%
CO
Nov. 14
the Week
$ per share
$ per share
*98%
653/8
176
53/4
*3
*100%
101 Va
100
100%
100
13%
13%
13%
13
13%
12
24
24
24%
24%
40%
41
40
40
102
*45
48
32%
*45
32%
103
*101%
123
*122%
176
35%
11%
24 Va
800
39
393/4
1,700
333/8
*46%
32-/4
33 Va
2,600
102%
100
123
123
*102'/a
102'A
127
*122%
124
25%
25%
72
73
73%
74
74
73
29
29
30
30
31
*30
31
17
17
17
17
17%
17
17
*165
180
15
180
*165
15
15
15'A
95
91%
*88
*17%
18%
17%
17%
*17'A
*26%
27 >/4
27
27
91%
97
*91%
10
*63%
9%
145%
145 Va
65
*63
20%
20%
20%
137
*131
20%
20%
*27
•23
23%
23
23
*90%
91
91
22
21
5%
31
50
Cuba
17
3,100
*29%
16%
*165
143/4
15
*90
95
15
2,600
97
100
17'/4
17'A
11 Va
17%
300
*25%
26%
*25%
26V2
500
9%
143
10
9%
143
140%
3,200
10
140%
60
62%
62%
*62%
623A
200
5%
5%
5%
5%
8,300
20%
9,600
20%
*131
20%
20 %
136
*131
6%
100
RR
Cuneo Press Inc
28
Sep
35%
32
Oct
62
47
Deo
54%
Feb
40%
Apr
5
Oct
10
preferred
preferred
Curtiss-Wright common
91% Oct 30
16% May 14
No par
No par
$7
Prior
1
24%
6%
113%
56
4%
Oct
May
Jan
Jun
May
1
pfd
Cutler-Hammer Inc_
12% May 21
129
Feb 18
18 % May 17
No par
263A
263/4
1,300
ARMISTICE
22%
23
22 %
22%
22'A
22%
1,900
DAY
901/4
90'A
90%
90%
150
21
21
21
21
*20%
21%
300
Davega Stores Corp N Y
23'A
23
23
23
400
Davison
25
.
Sep
29
Deo
88% Deo
7
Nov 3
Feb
5
Nov 10
Mar 1
Feb
8
20% Nov
Sep
110
Jan 29
19% Feb
27%
12V*
145 %
70
6%
Oct
103
34% Oct 21
21% Jan >2
165
Jan
7
17% Sep 18
101
Mar 12
29
19
10
6
.20
100
-
Sons Inc 7%
96
7
14% Nov 14
Cunningham Drug Stores Inc—2.50
Pub Co (The)
com
No par
26 3/4
23%
Not
Jan
9
45% Oct 20
22
May 20
13"% May 19
165 ' Jan
7
Curtis
26%
21
70% Nov
5
preferred
Class A
101
Mar
4%
30
Apr 29
100
Cudahy Packing Co com new
Cuahman's
137
Apr
Jan
Jun
16
10
10
preferred
4%%
7%
49%
107
14
100
preferred
Cuban-American Sugar common—10
7%
180
Oct
Oct
13
130 Ve Oct 16
37V* Feb 13
100
Deo
75%
210% Mar
31
40% Feb
105 % May 19
22% May 19
No par
Amer com__No par
39% May
109% Aug
14%
52% Mar 27
34% Oct 16
108% Feb 24
preferred
26%
91
*21
180
700
Deo
t per share
7% Nov
9
4
100% Oct 24
preferred
2nd
$4
Crucible Steel of
2,200
73%
Deo
*185%
8% Jan
4% Jan
5
No par
25
Oct
58% May
75% Jan
7
Aug 15
"31% May 19
47
Jun
2
com
26%
27'A
27'A
20%
137
♦131
*88
5%
£>%
137
*26%
63
63
53A
14%
10'A
145
145
65
5%
5%
5%
*131
9%
10%
147
9%
*142
18
26%
26%
*165
20
25%
23% Sep
2
25%
101%
195
Nov 12
11% Nov
No par
$4.20 preferred
25%
73
Sep 15
Highest
$ per share
No par
preferred
Zellerbach Corp
Crown
*72%
25%
72
15'A
48
82%
102%
25 Va
Crown
100
1
America
of
Wheat Corp (The)
Cork & Seal com
7
6
Lowest
32% Feb 19
105% Feb 6
105% Jun 20
8
26'A May 19
100
preferred
3%%
Cream of
Nov
5
Jun
2% Aug
25
common
Creameries
$2
3 j Va
102 Va
♦124
*46
48
25%
180
2,000
233/4
102%
124
*15%
12'A
39%
25%
*165
1,000
100
Co
Nov 14
Oct 29
Oct 29
174
1
1
International Corp
Coty
Crane
$ per share
21%
100
100%
61%
25
100
Preferred
1,700
24
48
Corn
Coty Inc
4,000
39%
25%
17
2,400
5%
23%
25%
*29%
90
40%
33'A
preferred
pfd 3%% ser of 1947
Products Refining com
3%
*95
123/4
5
100
100
common
3Vx%
353/a
*3
34%
100
2,400
653A
176
5%
53/4
Glass Works
Corning
Highest
$ per share
Par
Cum
24Va
*45
102%
♦121
./
65%
65%
177
20
40
32%
*102%
100%
*24
48
323/4
4,300
100
*98%
3'/a
35 Va
13%
♦101
215/a
*98%
100 S/8
Year 1946
Lowest
EXCHANGE
Shares
22'A
2234
100%
22%
*100
Range for Previous
Range Since January 1
STOCK
YORK
NEW
Sales for
Nov. 13
23
22%
23
176
176
STOCKS
Friday
Thursday
Nov. 12
100
100
SALE PRICES
Wednesday
Nov. 11
Nov. 10
Nov. 8
♦98%
AND
Tuesday
Monday, November 17, 1947
record
stock
york
new
CHRONICLE
& FINANCIAL
Oct
22
17% Oct
110% Aug
Jan
Jan
Feb
150
Apr
54% Feb
115% July
110%
46%
Jan
28%
Jan
160
Jan
165
Jan
95
Oct
106
Mar
16% Not
24% July
10
Not
2~6~
103
Oct
146%
Feb
60
Sep
76%
Apr
Oct
12%
5%
Jan
Feb
34% Feb
17% Oct
Oct
145
July
25% dto
6
45
May
98 V*
128
132
Apr 23
10% Feb 1
D
*23
*90
90%
23
Dana
1
Corp common
Cum
3%%
pfd
series
Chemical
100
A
5
1
(The)
Corp
19% Aug 20
26% Sep
18
90'A Nov
12
96% Jun
26
91% Deo
14% May 20
16% Jan 16
23% Oct
29
17
24% Oct
23
16% Not
31% May
35% Jan
6
Sep
36% July
16%
Not
34%
Apr
17
Not
22%
Dec
53 %
Jun
23%
23
*29%
30 'A
30
30
29%
30%
29%
30'A
x29 %
29%
7
x29% Nov
*95%
96 %
96'A
96%
96%
96%
97
97
x97
97
100
Preferred 3.75%
series A
100
95 % Nov
7
97
Preferred 3.75%
series B
100
97
Oct
31
101% July 24
23% Feb 11
Nov
May
34
101% July 29
10
Not
*22%
97%
*96
97%
*96
*96
x97
97%
1,200
Dayton Pwr & Light common
*96
97%
*13%
14%
13%
13%
13%
13%
13%
13%
13'A
13%
2,700
Dayton Rubber Co
50c
12 Va
12 Va
12 Ve
12%
12
12%
11%
12
11%
11%
2,200
Decca Records
50c
11
Sep
39%
40%
40
41
39'A
40%
*39i%
39%
40
40%
2,600
Deep Rock
1
33
Aug
4,600
Deere
No par
31
14
39%
42%
23
*39%
40
7%
7%
7%
43
43%
42 'A
43
42
43
33%
33%
33%
33%
33%
33%
400
40
39'A
39%
39'A
39 "A
39
39
600
Delaware
&
7%
7%
7%
7%
5,600
Delaware
Lack
7%
7%
7i%
22 'A
11%
11%
11%
12
12
11%
12
11%
11%
37
37%
37%
38%
37%
38'%
37%
37%
22%
22%
62
*57
22'/a
Detroit-Michigan Stove Co
25%
251.,
26
26
1,400
Detroit Steel Corp
26 %
25%
26
26
26
*57
67
45
16%
16%
16%
16%
16%
*16%
17
400
De
26
26%
26 Va
26'%
25%
26%
*25
25%
900
Devoe 8:
40'A
40%
41'%
41 %
42
42%
1,100
x40%
%
44%
44
44
44
20 %
*20
21
19%
4i
20-
20
42%
*43%
44
20
19%'
44i%
500
15%
15%
15%
15 'A
15%
15%
15%
151/4
15%
10,600
17%
17%
171/a
17%
17'A
17'A
17V4
500
17a4
*17'/a
*36'A
38
*36
37
*54
55%
55
55
37
54%
36
38
54%
*36
54'%
54%
*36
54%
6%
37%
54%
400
.
110
Match
Distill
24'A
24
24'A
1,700
37
37 %
37
37%
2,500
Doehler-Jarvis
19%
18%
18%
18%
19
4,900
Dome
50%
51%
49%
50'A
4
49
48%
49
3,800
Douglas
38%
5,400
Dow
500
$4
51'/4
39%
104
39 %
39%
102 »/2
101%
*19'A
19%
19%
*87
90%
*86%
12%
*12
12%
*16V4
1861/2
123%
124%
1011%
19%
19%
90
*86'A
90
*123%
19%
*861/4
104
98%
19%
90
99%
1,400
19 %
100
19%
2,800
*86'A
3%%
89
conv
900
*16
16%
2,000
Duplan Corp
187
1871/4
2,200
Du
124%
123%
123%
122'A
123%
120
120
100%
99%
100%
99%
1121/2
112%
112%
112%
*14%
15%
14%
14%
14%
LOW
AND
HIGH
Saturday
Monday
Tuesday
Nov. 8
Nov. 10
SALE
Nov. 11
per
share
I per share
99%
113
14%
98
98%
98
98
113%
*1.12
113
70
15
700
14%
14%
14%
S per share
Jan
Jan
Apr
14% Mar 24
Oct
Oct
28
60
Oct
77
Feb
10% May 19
17Vz Jan
3
16
Oct
29
62 '/2
Oct
13% July
100
5
the Week
$ per share
I per share
—
16%
Deo
19%
15%
Oct
24
Aug
23%
Sep
39 % May
Jan
17
34%
Oct
60 Va
Apr
42
Sep
50
Aug
16%
Oct
34'A
317/a Feb
35% Apr
47
S
43'A Oct
2
50
Jan
25
Jan
2
24% Feb
13
11% Mav 19
16
Oct
6
25
May 19
18'A Jan
2
19i/2 Oct
15
49
May 22
36% Sep
8
May 27
Nov 14
Nov 13
110% Sep 12
14% May 20
Jan
July
30
—
Apr
18
28%
Not
52
55% Oct
30
48%
Sep
62%
Feb
JO
25%
Not
48
37% May
Jun
Mar
39% Oct
23
X23%
Sep
21 % Jun
18
16'A
Deo
Jan
7
63%
Not
108% Mar
111%
Deo
118
76
29%
42% July 24
114V2 Feb
15% Oct 28
14% Nov
40% Sep
34
103'A Nov 13
98% Nov 14
173
120
98
—
—
2
14
Feb
___
IO41/4 Oct 22
30
15%
Oct
98 V4 Feb
19
91
Oct
19
Feb
10
15
Oct
17% Nov
Jun
___
—— —
Jan
12
33%
116
Apr
41% May
July
8
161
Oct
227
Jun
129 'A Aug
4
124
Deo
133
July
107'A Sep
3
„
115V2 Jun
9
112%
Oct
3
13%
Sep
197
19 Va Mar
_____
mmmm
116%
21
Feb
May
Range for Previous
Year 1946
Range Since January 1
STOCK
NEW YORK
Sales for
Nov. 14
Thursday
—
23
90
Nov
5
10% May 19
No par
1st pfd
DWG
—
Jan
22V» Jan
No par
—
26% Oct
22
20% May 14
15
7
Dec
May 16
No par
(new)
20
STOCKS
Friday
Nov. 13
Nov. 12
16 %
14
Pont de Nem (E I) & Co com—20
Duquesne Light 5%
Cigar Corp
Oct
100
1
Preferred $3.50 series
1,100
6%
50c
preferred
PRICES
Wednesday
No par
common
Preferred $4.50 series
600
*112
No par
International
Dunhill
12%
16'%
12'A
15
common
Industries
187'%
12%
Co
$3.25 2nd preferred
Dresser
186%
Xl6
No par
5
Corp
Chemical
188
17%
No par
No par
preferred series A
16%
12%
12%
37%
*103'A
186%
*121/4
*99%
$
100
39%
103'A
17%
12%
187
'111%
$ per share
38
103 %
188%
16 %
16%
186%
103 %
101
101%
19%
102'A
39%
103%
39%
104
104
Mines
S
10% Feb
23
2
1
Co
Pepper
50 Va
1
45'A May 27
24'A
38%
19
42'A July
Sep
4
No par
24%
37%
Oct
Aug
59
Aircraft
241/4
19%
Dec
33%
25'a
44
23% Nov
8
28% May ly
16'A May 14
24%
37%
19
31%
6
27Va Mar 25
No par
24%
37%
19%
23
20
45 % Mar
10
Ltd
23%
37%
39
6% May 19
18
A
233/b
46% Oct
38% Feb
25% May 19
2
Cup .Co common
Class
22
22'4 Nov
Ltd
Corp-Seagrams
37',4
104
25
Divco Corp.
Dixie
32% Oct
Co
Car
Motor
T
*18%
*50%
No par
common
partic preferred
Diamond
Dr.
8'A
1
5
12.50
Raynolds class A
Diamond
300
20
1
Co
Vilbiss
16%
16%
26
*17%
Detroit Hillsdale & S W RR Co__100
1,100
26
*44
3,900
121/4
12%
40%
22'A
12'A
12'A
*40
22'%
20
12%
12%
*25 %
22%
100
100
*121/4
12%
*16 V2
22'/«
31
5% May 19
pfd
for
11
45% Oct
32% May 19
com
for
67
12%
15 %
ctfs
*57
12%
*19%
ctfs
20% Feb
8
May 17
RR
West
Edison
Detroit
29
50
Western
&
Grande
67
*57
62
*59
22'A
Rio
&
Escrow
1,600
22 Va
20
12% Sep 25
100
Hudson
Escrow
2,600
37 'A
37
common
Preferred
Denver
*11%
Co
&
44
33
42%
34 Va
42%
*33
Inc
Oil Corp
28
Lowest
Lowest
EXCHANGE
Par
Shares
Highest
f per share
S per share
Sper share
Highest
$ per
share
E
22%
23
23
23%
ARMISTICE
23%
23%
23
1.800
171/a
17V2
17
17%
DAY
16%
17%
16%
16%
16%
17
11,700
Eastern
Airlines Inc
17%
18
17V2
18'A
17%
18
17%
17%
17%
18%
3,100
Eastern
Stainless Steel
44%
44 %
44%
44%
45%
6,100
Eastman
44
180
186
*53%
98
15%
105
20'/a
*97%
15%
15%
107
*170
54%
20 Va
20%
*97%
53%
54
*20'A
180
180
98
19%
20%
20
20%
1,500
97%
*96
97%
15%
2,400
15%
<105
6'/a
5%
53%
2'A
16%
13'/2
2%
2%
16%
16%
159
151 %
146
150
2'A
5%
54
15%
*104
15%
106
15%
*104
5%
5%
5%
52%
53%
52J/4
54
Electric Auto-Lite
Electric
2%
16%
12%
13
13
13
1,700
36
*34
37
300
2%
16%
159
159
*156
157%
*145
150
*145
150
54
55
55
551/4
2%
16%
158
*145
1,900
Elec & Mus Ind Amer shares
Electric Power & Light com„No par
500
147%
146 Va
146 Va
100
54%
55%
*55
56
17%
17%
16%
16%
*16
16%
57%
59
59
58
58%
57%
57%
*151/4
15%
15%
15%
15%
15%
14%
14%
15
15
*17%
18%
18%
18%
19
19
*18
18%
18%
13%
14 %
*13%
141/4
13%
14
*13%
13%
*13%
32%
32%
*32
33'/2
33
33
32%
32%
32%
r2%
106
2%
104'%
104
1-2%
9
*50
51
*60
*60
*9%
10
9%
20
20
19%
13'A
*44%
*10%
103
1031/4
*103
1041%
*103
Electric
900
El
Natural
18%
13%
200
32%
500
Empire District Electric Co
10
Endicott Johnson Corp common—25
104%
100
4%
2%
r2%
2%
2,800
tEquitable
8%
8%
8%
8%
3,300
Erie
X49V4
491/4
49%
49%
49'A
49'A
500
*60
66
10
19%
9%
*201/4
*58
64%
RR
100
Office Bldg
common
No par
No par
5%
preferred series A
Erie & Pittsburgh RR Co
*9%
10%
*9%
10
300
2OV4
20'A
19%
19%
500
Evans
Williams Corp
Eureka
21
9%
Co
Phonograph
preferred
r2%
66
9'A May 19
May 19
13% Sep 29
27 V4 May 17
102
May 7
2% Jan 2
8% May 14
47% May 19
64% Oct
1
7% May 17
Electric Mfg
Radio
8%
*60
4
5
Emerson
Emerson
2%
100
50
5
13'A
12%
13
12%
12%
12%
12%
4,300
Eversharp
Inc
1
44%
45
45
44%
44%
44%
44%
700
Ex-Cell-O
Corp
3
*10V4
10%
10'/4
10 'A
*10
11 Va
200
52%
1,800
Exchange
May 19
12% May 17
32 Va May 19
7
May 12
13
44%
11%
13
18
13V4
*10Va
47
5
Products Co
46
11%
8
Jan
3
16V4 Oct 31
800
8%
Sep
ll'A May 19
152
May 20
137
May 26
46% May 20
1,300
r2%
9
10% May 19
33% May 29
15
No par
Gas
&
Oct 21
4% May 19
50Va May 17
3
Storage Battery
Elgin National Watch Co
Paso
15 Va Aug 29
106
2
._No par
No par
300
66
*50
66
2%
1,000
preferred
$6 preferred$7
50%
8%
9
No par
5,200
2>A
58%
*1041/2
3
common
Convertible preferred
17
16%
16 %
*
Boat
5
(The)
157
*2
58%
*16%
Stop Nut Co
157
2%
17
17%
*
5
100
1
158
57%
54%
96% Oct 17
preferred
Elastic
36
100
Ekco Products Co common
1,665
13%
180
Nov 10
42% May 17
19
May 17
preferred
2,600
5
Inc common... \
Edison Bros Stores
4%%
Nov
100
4
common
cumulative preferred
Eaton Manufacturing Co
4V» %
19% Jan 16
16
17 % Nov 10
42% May 17
Kodak Co
52%
6
1
5
10
Corp
6%
106
*16%
*53%
700
37%
13%
*36
16%
15%
107
53%
10
Eagle-Picher Co
20
541/4
361/4
10
97%
*5%
13%
44%
175
97%
53%
36
54
166 %
20%
6 l 'a
13%
54
*
54%
54 %
37%
180
54%
*5%
12%
44'A
44%
*170
20%
*53%
*35
44'A
23
23%
*97%
15%
107
*105
180
23%
Buffet Corp
2.50
25% Aug 18
241/4
61
48%
198 Va
57
25 Va
Apr
3
Jan
July
Oct
Feb
Feb
30
23
21
11
7
109
Feb 4
27 Va Feb 17
111% Feb 15
8% Feb 18
65% Feb 13
16% Feb
5
39 Va Jan 10
3% Jan 14
19% Feb 8
171
July 24
156 Va Feb 24
19
Sep
16%
Nov
30'A Jan
196
Nov
39
Oct
23%
Deo
101
17%
106 Va
Oct
Oct
Nov
30% May
31 Va May
61
Jun
209
Aug
71
Feb
40% May
112
277/a
114
Aug
Dec
Feb
6'A Nov
16%
50%
Oct
80 Va
Feb
12%
Deo
35%
Apr
34%
Oct
48% Jan
3'A
Dec
7%
Jan
Jan
Oct
29% May
138
Sep
180% May
128
Sep
167
57% Oct 3
24% Mar 19
59% Oct 2
40
Oct
56%
Jun
44%
Sep"
61%
Jun
16% Oct 28
21% Feb
6
19 Va Jan
8
38
Apr 2
11%
Not
30 Va
Feb
17%
Deo
43% Mar
17
Not
21%
104
Sep
107
Mar 24
4% May 5
12% Feb 3
67
Feb 3
85
Mar 25
13% Feb 8
24% Feb
7
13%
2'A Jun
111
July
Oct
Jaii
5% Jan
Oct
23 Va
48
Oct
93
90
Oct
95
Jan
10
Oct
22%
Jen
15%
Oct
33%
Apr
Apr
9%
Jan
Jan
25 Va Jan
7
21% Not
58%
50% Oct
18
34% Oct
63% Jan
13 Va Aug
6
Oct
11% Jun
7
F
♦53%
541/4
52
53%
521/4
52%
52%
52%
52%
*30%
31
30%
30%
X30%
30%
30%
30%
30%
30%
800
8%
7%
8%
7%
7%
7%
7%
13,800
8 Va
8%
♦39%
8
41
40%
19%
*19%
19%
19
12 Va
11%
11%
12
23%
♦102%
For
23%
1C3
footnotes
23%
23%
102
103
see
page 24.
Va
40
40%
*39%
40%
500
19
19
*18%
19%
200
Federal-Mogul Corp
12
11%
11%
11%
11%
800
Federal
23%
4,900
231/4
23%
23V8
231/4
103%
103%
102%
103%
23'A
102
102
1,160
No par
Fajardo Sugar Co of Porto Rico__2o
Farnsworth Televis'n & Rad Corp„1
Federal Mining & Smelting Co
2
19%
40%
*40
40 %
•19 Va
♦11%
Fairbanks Morse & Co—
5
Motor Truck
Federated Dept Stores com
4*A%
convertible
preferred
No par
No par
100
May 19
25 Ye Jan 16
4% May 19
32
May 16
18'A Sep 29
9% May 19
19
Apr 18
xlOl
Oct 17
44
47% NOT
88
1
21%
Sep
36% Feb
9% Feb
7
42% Mar 7
23'A July 14
14% Feb
8
28% July 23
107% Jun 12
7%
Deo
19% Jan
60
Jan 30
31% feb
May
35
Oct
54%
Feb
10%
Oct
21%
Jun
21
Not
104
Sep
34% Aug
Feb
108
Volume 166
I
■
Number 4647
■
THE
|
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2005)
■
■
NEW
LOW
AND
HIGH
Saturday
Monday
Tuesday
Nov. 8
Nov. 10
SALE
Nov. 11
$ per share
t per share
Wednesday
Nov. Vi
t per share
$ per share
21%
21%
21%
21%
22%
21%
22 Va
22
22%
22
22
*54%
50%
55
*59
*16%
35%
'102
17
*35%
14 %
*22
31
22
Perro
500
Fidelity Phen Fire Ins N
Firestone Tire & Rubber
105%
*105
105%
100
•105
106
59%
*105
60
60
60
60
60
600
First
16%
16%
16%
16%
16'/a
900
36 %
36%
*36%
36%
2,400
102'/a
35%
14%
15
♦22
31 %
23 %
31
31%
*102
104
*35%
14%
*22
*102
36
35%
14%
23 Va
30%
104
31%
35%
14%
14%
*22
60
400
4,000
23%
4,000
Follansbee
80%
700
*95
97
97
97
97
97
97
26
26%
26%
26%
25 %
25%
26
25 %
26%
•25%
1,100
25%
*25 V*
25 %
25%
25 V*
150
14 Va
14
14
14%
14%
97 %
14%
14 V*
*95 Va
14
*79
80
1,500
*40%
41
41
41
X40 %
40%
41
*12%
13
41V*
12%
13
40%
40%
1,000
13 Va
13 Va
12%
13 V*
*12%
13%
900
20 %
20%
20 Va
20%
84
84
83%
84
Oct
70
Feb
51
Nov
83%
A'pr
Dec
109 Va
Jan
20 Va
20%
20
20 Va
xl9%
20
84
♦82
No par
Food Fair Stores Inc
12
79 %
14%
49
7%
A
4,000
11%
79 Va
♦96
Power Corp
Florsheim Shoe class
12 Va
12 Va
81
*25%
2b
21
No par
Florida
32
12
80
.
59% Feb
61
No par
12
11%
80
26%
26% Jan
46% May 27
42%Jun
5
100
Co
31%
11%
79
82
83%
X82%
83
8,500
130
Steel
Corp
lo
1
Food Machinery Corp
3%% cum conv pid
10
100
Foster-Wheeler Corp common
10
6% prior preferred
25
Francisco Sugar Co
No par
Freeport Sulphur Co
10
Froedtert Grain & Malting Co Inc.l
Fruehauf Trailer Co common
1
4%
preferred
cum
Highest
$ per share
20 % May 20
25
(The) Carpet Co
No par
Flintkote Co (The) common—No par
$4 preferred
No par
Florence Stove
$ per share
20% May 17
Firth
36%
35 Va
23%
Y
com
preferred
National Stores
36%
102 Va
$ per share
10
Corp
4%%
Xl6%
$ per share
Lowest
1
700
2,200
Enamel
Year 1916
HigTicst
5
Co
54%
14%
31
25%
Mfg
50%
11%
14 %
Tarrant
50
79
26%
&
54%
*77%
*25%
Pelt
51%
36
*22
31
11 "2
22
800
50%
♦53%
Lowest
Par
*53 %
36%
14%
23 Va
21%
Range Since January 1
Shares
54%
102
*35%
14 %
21%
Range for Previous
STOCK
51%
16%
36%
101
36%
21%
1 per share
YORK
EXCHANGE
54
60
16%
35%
21%
NEW
the Week
51
106
59%
103%
21%
Sales for
Nov. 14
$ per share
21%
Friday
51%
50%
106
59%
RECORD
54%
54%
50%
106
STOCK
STOCKS
Thursday
Nov. 13
21%
T05
YORK
PRICES
100
104
Sep 16
51,/2May2o
26% Feb
Feb
10
4
107% Aug
7
62% Oct 23
19%
105%
Sep
34 % Mar
52
Nov
14% May 27
21 % Jan
2a
16
Nov
2b '/a
July
24
39% Oct
15
25%
Oct
Jun
110% Feb
25
46%
115
41% Jan
J
33%
Oct
57
Apr
17% Jan
0
24
Aug 28
33% Oct 14
16%
Sep
20%
Jun
20 Va
Oct
29
Jun
ll1/*
Jan
21%
May 17
15% Feb
13
12%
Oct
23% May
69% May 17
94% Jan
7
May 19
Nov 10
101
30
May 19
14'A Nov 10
18
May 29
14% Jan
9
Nov
96
13
7
19'A May 17
110
Nov
16
8
13
Feb
Apr
19% Nov
49%
15
25%
Sep
28
Feb
25% Jan
6
60% Feb 10
20%
Sep
35%
Jan
45%
Sep
61
Jun
26% Jan
19% Sep
Sep
loo
Jan
13
12% May 20
36% May 19
82
71
Sep
July 24
29% Feb
23% May 23
127/a Jun
105
70'/a May
22
Jan
18
39
Jan
2
103% Mar 10
Jan
27% May
16
Nov
28%
NOV
48
Jun
09
Sep
112
July
G
*9%
9%
*9%
9 '/a
ARMISTICE
9%
9%
9%
9%
9%
9%
500
9%
9%
9%
9%
5%
*19%
19%
9%
*19%
19%
9%
9%
19%
3,600
19%
*14%
*19%
19%
15
*14%
15
*19%
19%
14'%
*19 %
14%
20
14'/a
19%
14%
14'/a
800
Co
Gair Co
Inc
100
14%
Gabriel
6
6%
*30%
22%
*15
107%
9%
•19%
6 Va
*30%
22%
DAY
19%
6
31%
15
22%
15 Va
*103%
52%
52%
10%
10%
10%
15
107%
52
10%
*175
180
*177
13 %
*12%
11%
11%
11%
80
80
*42%
*26
80
26%
*148'%
150
10%
•175
26 Va
35 Va
39
39 %
97%
96 Va
96 'a
13%
13%
13%
*127 %
48 Va
13
59
Gaylord
2,200
General
American
2,400
General
Amer
10%
2,700
General
10
$8
2,800
General
Cable
80
80 %
80
80
470
4%
1st
42%
42 Va
42%
43
400
4%
conv
26%
25%
26
35%
38%
39 Va
96
•94
13%
48
127
59 Va
58%
59%
58%
125%
125 %
125%
125%
99%
99%
99%
8
900
7%
38%
39
*94%
96
100
14
3,200
General
47%
1,000
General
14%
48
14
47%
General
126%
127
390
112
110%
110 Va
200
58%
19,900
58%
58%
125 V*
124%
125
Motors
Preferred
16
16%
1,000
15%
15%
16
16
16
16 Va
19
19 %
19
19
18%
19
16
18%
15%
16
18%
1,500
General
16
16 %
16
15%
16
2,200
Gen
Gen
Public
14,600
Gen
Public
700
Gen
*127
25%
*25%
129%
4%
2%
13%
2%
13%
13%
14
13%
14
25
127
2%
13%
25 %
127
25 %
24 Va
24 Va
24
24
•125
4%
4%
4%
26 %
26 %
*26%
26%
31
31
*113
30%
115
*30 Va
*26
31
*25 Va
*82
25 Va
25 %
97
85 Va
*81
85%
Saturday
Monday
Nov. 8
Nov.
per
share
27%
27%
*96 Va
22%
*93
97
48 %
28%
General
30
30
30%
30 Va
900
General
113
30%
*101
113
30%
27
85%
102%
*81
30%
*26%
25 7%
*101
113
30%
27
25%
97
*81
121
96
22%
6%
55 Va
100 Va
46
*121
55 V4
4
101'a
*100
46
Va
22%
96
105%
20 %
20%
*33%
*106
Friday
t per share
f per share
28%
5,800
*96%
96%
96%
96%
200
22%
22%
4,300
22%
*93
22%
95
*93
95
26%
27
99'
*11 %
*32 %
34
16'a
37%
*23%
*141
58 Va
100 %
100%
46%
45
105%
105%
105''2
*20 Va
20%
19%
20 %
6%
8
6%
x6
34%
*33%
6%
6%
99 %
16%
Co
Gold
Stock
10c
No par
pid
No par
20
com—No par
5
com
57%
57%
3,900
Goodrich
44%
105
20 Va
102
45%
106
20 Va
100
5,200
1,100
600
$5
$5
conv
Gotham
1,600
300
Grand
Granite
5%
41,800
18%
700
26%
26 V8
26%
26%
26%
3,100
99 %
99%
99'/a
30
a
*98
Union
Grant
—.5
common
City
15%
2 600
Gt
Nothern
37%
3,200
Gt
22 Va
3,!)0C
144
*11
11%
*31%
31%
a
144
*144
146 %
600
$2.25
20
cum
600
Green
15 Va
*15%
16
15%
15 %
260
Greenfield
*63%
68
Oct
160
140
Feb
20
*28%
6%
11 %
100 3
4
29
6 %
11%
8
4%
Oct
11%
Feb
20
20%
Oct
26%
Jun
26
27
30% Jan
23
29
Jan
47
Jun
19
132
July
May
101% Apr
29% Sep
19% Apr
101
Oct
124% Jan
29
101
Oct
19
35"% Jan
2
32
Nov
49% May
14
30
1
24%
Oct
46%
3
106
21% May 27
Feb
Apr 15
40% Feb 11
250
28%
28%
400
Grumman
6%
6 %
800
30
Feb
6
5% May 21
103
share
42%
22 to
Jan
102 to
Deo
108'
100
Apr
May
7
Jan
6
Oct
20
25% Nov
13
7
Sep
Apr
Oct
106
36%
Oct
66 Va
Jan
53
Deo
58
May
Nov
27
Nov
47% May
49
Jun
6
71% Feb
11
59%
Nov
88%
100% Nov
12
July 23
41% Jun
9
104% Jun
105
"
Sep
107
Mar
50 to
Nov
77
Apr
Aug
4
105 to
Sep
10
19%
Nov
43
8% Oct
24
5 Va
Oct
16
Jan
5to
Oct
12 Va
Jan
May 19
5% Oct
Jun
1
9
2
31
2
May
No par
100
Apr
1007/a
21
Jan
Nov
RR
Jan
24
98
corn
Jan
109
12% May 19
25% May 28
5
8%
151%
14
31
100
61% Feb
Nov
13% May 13
3
Nov
106
67/a
1
2
Mar 28
13
Apr 18
34% May 21
22% Jun 25
141% Oct
59
31
May 12
29% Oct
7
Corp__No par
15% Oct
24
8% Mar 27
41
Jan
2
21% Oct
33
107
Jan
Mar
30% Mar
12%
Oct
10
28
Nov
5
101
Nov
113%
Jan
Feb
54% May
27 Va
Feb
40 Va
Jun
112
Feb
14% Feb
10
12%
Deo
13%
Dec
37% Feb
18
33%
Dec
35
Dec
17
Sep
30
Dec
21
Feb
49% Feb
3
40%
Oct
64
Jun
27% Mar
5
22 Va
Nov
34%
Jan
188 Va
Apr
163% Jan
70
Feb
13%
27
158
Oct
5
55
Oct
79
Feb
20%
Deo
20%
Dec
35% Aug 22
21 % Mar
5
9
11% Oct
18
100
29
105% Feb
27
102%
Oct
1
17
May 27
32% Oct
14
23 Va
Dec
52%
Apr
1
8% Jan
10
6%
Oct
13%
Jan
93
No par
4% May 14
78
May 17
6% May 19
31% May 21
49
25
11%
7,000
44 V2
44 Va
44'/a
300
73%
72%
73 %
3,600
57% Apr
14
74% Nov
8
14%
14%
9,400
No par
14% Oct
27
16% Sep
12
39
common
Gulf Oil Corp
Gulf States Utilities
14%
Mar 31
No par
90
10%
No par
Gulf Mobile & Ohio RR
$5
51% May
5
10
1
Sugar
preferred
90
14%
17% May 19
32
105% Jan 20
Highest
$ per
100
11
73%
14
$ per share
116
Corp
91
44%
$ per share
Lowest
No par
Aircraft
10%
74
Sep
Sep
Oct
(The) —
91
44
104%
06
6
preferred
conv
Jan
15
5
pfd
11%
73%
$ per share
No par
93
$5
118
102%
29
common
Guantanamo
60
Jun
Year 1916
Highest
No par
Common
4%%
Feb
60
Oct
1
Steel
Corp
26,000
111
Feb
No par
Tap & Die
11%
Apr
Oct
32% Nov
105
Feb
Co Inc
100 %
100
Apr
6% Feb
29% Oct
33
Motors
Ry
137
Jan
May
No par
com
& Western
Greyhound
14%
48
124
No par
conv
(H L)
14%
Nov
13
100
Bay
32
44
14%
24%
May 14
Preferred
Green
31
44
14%
8
7%
22
100
No par
68
11
14%
23% May
21% Nov
10
Co
No par
30%
100
74
Oct
17
pfd
*63%
11%
73%
Oct
14%
58
Prop__.No par
*30%
100%
74%
2%
6
50
6%
31
107/a
8
Nov
Ore
68
♦91
3
8
16% Jan
31% Feb
May 19
No par
Iron
15%
11%
Jan
Feb
Feb
24
Great Western Sugar com
30%
11
10%
11
32 Va
*63%
*100
*43
40%
Feb
4% Feb
93 % Nov
1
F)
Co
Northern
22%
11
*31%
11%
Va
Apr
34
50
preferred
Grayson-Robinson Stores
15%
83
29
No par
Co
(WT)
37%
88
Dec
Nov
No par
com
3%%
16 %
6%
Oct
95% Oct
Granby Consol M S & P
22 7
29
Dec
IB
80%
3% May 17
18% May 19
23 % May 19
Inc
(B
Graham-Paige
37%
6%
125
No par
preferred
15%
29
14
2% May 16
12% May 19
19
May 19
No par
com
Hosiery
37%
4
101%
Lowest
preferred
6
5%
*18%
6%
132
103
Range Since January 1
Goodyear Tire & Rub com—No par
35
4
Co
22%
6%
Oct
Nov
Range for Previous
STOCK
Telegraph
Goodall-Sanford
6,
100%
6%
47%
7
Brewing Co
&
1,000
Jan
124Va
26
preferred
conv
Jan
123
11
19% Nov
No par
New
4%%
135%
Sep
Mar 25
15% Nov
1
Corp
(The)
Jun
Deo
114
65% Feb
129
6
Nov
No Par
Glidden
~64%~Aug
42
126
6
16
100
Brothers
6
11 Va
44
14%
Gimbel
Apr
Feb
19% Jan
100
YORK
40%
3
54% July 11
131%; Feb 25
107% Sep
5
preferred
16%
29'
16 % Mar
Xl22
27%
156
Aug 21
3
Co
com
Safety Razor
conv
(1
100%
95
73 3 4
$5
23%
29
Feb
103
13% May 20
18% Oct 20
Par
Gillette
38%
16%
66%
No par
EXCHANGE
6 1
11 "4
29
10
NEW
23
*15%
Oct
5
25 %
*34
147 %
39%
Feb
5%
100 3 4
10%
124
18 "a
*142
9
98
37%
31
Feb
45% Jan
1
33%
68
52
Nov
23 Va
*30%
Apr
Deo
84
16 V8
145
182
33%
100
*31%
23
3
14
Oct
3
preferred
16%
145
517/8 Jan
124% Nov
7
22
32%
37%
23%
6
8
99
Corp
Co
Jun
Apr
Feb
Jan
25'/a
31
11
9
Apr
Jan
108
Goebel
18%
32%
37% Oct
28 %
39% Feb
8
16
37 %
*42%
300
337
11
May 19
Nov
1,400
34
99%
33
160
24
32
13
97
11 Va
*63%
^88
6%
18%
*98
Nov
100
*31 Va
16 %
*6 %
54
7,000
26 %
26 %
31
11%
6%
25 %
13%
19
68
*28%
*52%
*100%
45%
Xl05 %
*30 3
*100
102
20 %
*63 %
*15%
*100%
25
*121
25 %
57%
x45 %
13
preferred
11%
146
a
124
25%
58 %
*■93
2
%
25%
19
11%
6
57%
26
*98
*121
52%
25%
6 5
*33%
18%
6%
26
r>'4
35
13%
52 Va
6%
46%
9
200
5
10
$4.50 preferred
400
25 %
56 %
6%
6 %
24%
52'/a
124
Deo
10
Shares
28%
6%
♦121
*170
Jun
Corp—No par
Corp
Rubber
the Week
28 %
52%
%
1
4%%
Sales for
Nov. 14
106%
20%
6%
25 %
July
3%%
28 Va
101 Va
46%
105%
6
24%
.
124
*25%
55 s
6%
52%
6%
26
6%
24%
52 "2
54
124
*25 Va
30
Apr
Apr
185
Dec
149% Nov
preferred
Gen Tire &
14%
47% Aug
1
$6
Instr
Sep
Sep
Oct
Corp
Cast
10%
x35%
10c
Telephone
Time
l i
STOCKS
Thursday
Nov. 13
29
*93
24
_
6%
Steel
General
Gen
Apr
13% Fee
109
47% Feb
Utilities
Shoe
71 %
Deo
8
Refractories
4%%
2,400
85%
__
_
Gen
Cement
Equip
&
Sep
No par
common
Utilities
Realty
48
Sep
com
__
'•
*52%
200
102 %
x25%
*96
85 %
140
1,300
Gen
17
37
Service
PRICES
96 %
96
400
97
28%.
DAY
6%
2,800
25%
f per share
22%
*93
48%
per share
110
4%
27%
97
Nov. 12
ARMISTICE
96%
22 "4
96
1
129
43/4
Deo
58% Oct
13%
16%
1
series
Portland
104
90% Aug
Corp
Signal
preferred
*26%
26%
Wednesday
Nov. 11
*96 "2
22%
SALE
Tuesday
10
f per share
28%
HIGH
129
4%
2%
27
97
•81
AND
128
4%
2%
27
*26%
102%
26%
♦96
LOW
1
27
•101
26
97
30 Va
27
102 %
97
97
113
30 Va
27
*101
127
2%
113
30 %
113
30 %
*26%
102%
4%
27
30
113
30%
27
*101
128'/a
4%
27
31
113
16
2%
9
Sep
No par
Corp
Adv
20
Deo
No par
com
Railway
*25%
2%
13%
Outdoor
Oct
Jan
8%
No par
Precision
1,200
3
13%
Gen
21% July
16
109
74%
com—No par
preferred
$3.75
Nov
May
11
110
$5
16
67% May
24
May
83'A July 16
100
General
8
17
Deo
May 19
126% Mar 14
1,200
22% Nov
Jan
Deo
7%
Apr 28
100
16%
3
168
Mar 5
11% Jun 16
No par
19%
13%
48
Apr 17
9% Oct 16
common
*18%
16
Mar 12
preferred
3%% conv preferred
1,000
29%
Sep
38
8
5%
99%
17
71
No par
Instrument
*15%
.
10% May 19
105
96% Nov 10
11
May 19
43
May 19
Mills
Jan
50
Co
Corp
preferred
99%
100
Inc
Foods
$3.50
26
No par
com
100
3,400
14% NOV
7
18% Jan
14% Feb
preferred
38'/a
3
4
5
preferred
Co
Apr
*17% Feb
10%
100
Corp
Electric
Jan
21
8
5
Corp
General
11%
Sep
20
5
19,600
15% May
18%
9% Feb
com—1
preferred
General Cigar
35%
127 %
*110%
x58%
99 7
25%
149
35%
96 %
38 %
47%
128
*147
35 %
13%
114
25%
149
35
*94
14
48
*147
Sep
Oct
2
20 % Oct
100
2nd
23
Jan
43% Feb
No par
43 %
17
10% Oct
14% May 17
common—1.66%
Investors
preferred
80 %
12% May 24
17% Feb
21
4% July 22
26% Aug
4
14'A May 21
50
Baking
173
9
12
1
com
Transportation
Bronze
150
Inc
$4.50 preferred
52%
9% Sep
5% May 17
18% Jun
No par
Container
15
106
General
•127%
99%
5,900
100
•110 Va
125%
22%
11%
128
100
10%
173
Co
preferred
12%
114
126
10%
178
52
No par
Industries
conv
11%
127%
100
14%
*103
Wood
4%%
12%
*110%
*125
Gar
100
11%
128
59%
15
.20
Gardner-Denver
2,600
12%
111
111
10%
1,100
6
11%
35 Va
48
48
52 %
1
com
(The)
*12%
•147
35
39
48 %
107 %
51%
Co
12%
*26
150
35%
39
13%
14%
*103%
22
Gamewell
80
35 %
*96 %
22%
*173
20%
1
common
(Robert)
32
5%
107%
10%
19%
*31
(The)
preferred
♦43
80
*146%
22
6
32
6%
11%
43 Va
26
22%
180
*12%
12
*43
43%
19%
5%
*31
15 Va
52
13'/a
19%
31%
52%
♦103%
180
*12%
6
31%
22%
52
20
6
31%
22%
15%
*103%
9%
preferred
Co
July 29
Oct
July 16
14% Feb
80
Nov
111
108
Apr
Jan
3
9%
Sep
30 V*
July 22
31%
Oct
78%
56%
Sep
78
May
11
35
Nov
40 Ve
May
4
15
Oct
24
Aug
17%
Oct
26%
Jan
Jap
Jan
H
*35%
36%
*35%
15%
15%
15%
*15
*97%
*106 Va
25
99
107 V2
*35%
36%
15%
15%
15 Va
15%
15%
2.100
15
15
14%
14%
xl4%
14%
900
98
x97 %
98
230
97 %
98%
98%
98
*106%
107 Va
Xl06%
106 %
*106
*24%
150
154
25
24%
150
*32%
33%
*7%
8
*7%
*83
85%
83
*32%
*150
33 Va
32%
8
7%
83
*8 %
8 %
8Va
8%
8'/a
♦80
8%
8%
8 '/a
26 Va
26 Va
•26 to
25%
25%
25%
x7%
94
*92
36%
*92
36%
37
105 Va
*104
For footnotes
see
94
page 24.
32%
7%
84
24%
*150
31%
7%
*80
24%
154
32
7%
84
*106
24%
*150
31%
*7%
*80
7%
7%
*7%
8%
7%
8'/a
7%
26%
j
8
26 %
25%
/
*92
37
105 Va
25
154
107%
*35
8%
263/a
♦24%
*104
37
15%
96%
25%
*150
♦36
15%
15%
*15
15 Va
37
36%
•
h-* O
26
26
25%
*25%
26
94
*92
94
36%
105%
36%
*103
36
Hackensack
107 Va
300
24%
1,000
154
10
Water
Hall
Printing Co
(W
F)
Hamilton
4%
Watch
preferred
Schaffner
500
Hart,
200
Hat Corp of
8
800
4%%
!
&
100
Marx
10
Amer class A—
preferred
3,300
Hayes Industries Inc
Hayes Mfg Corp
26
26%
1,100
Hazel-Atlas
25%
26
600
Hecht
*92
94
36%
37
37
900
Heinz
104%
104
104
50
Co
3%%
1
cum
Co
14
19
Jan
22
10
112
Feb
4
Apr
15
19% Apr
17
108% Sep
26% Oct
148 % Oct
30
160
104
28% May 19
6% May 19
83
Nov
10
May 19
4% May 19
25 % May 16
6
Jan
19 % Feb
Jan
103
Oct
119
12
105%
Jan
109%
15
20 Va
Sep
27
151%
Nov
Apr
Aug
60% May
6
10% Feb
3
8
Oct
16%
7
99
Sep
106%
Feb
8
8
NOV
20%
Apr
9% Oct
24
5%
NOV
15%
Jan
35% Jan
8
29%
Oct
36
Dec
51
May
12
22
May 21
30% Jan
2
93
35
Nov
5
May 16
103% Apr
42% Feb
14
100
104
Nov
108
5
Nov
170
39% Jan
15
:
33
Apr
34% May
100% Apr
100
25
common
preferred
30
25
Co
common
J)
16
Jun
2
preferred
(H
3.65%
Glass
1
100
7%
Apr
14
96% Nov
(M A) Co $4.25 pfd—No par
Harbison-Walk Refrac com—No par
6%
33
xl4% Nov
100
Hanna
7%
10
5
No par
com
preferred
conv
31%
84
25
Co
13
July 14
28%
101
41%
103
Nov
Nov
Dec
Dee
Jan
Jan
109% Mar
44
Dec
<05y* Deo
17
18
(2006) '
COMMERCIAL
THE
NEW
LOW
AND
HIGH
Saturday
Monday
Tuesday
Nov. 8
Nov. 10
Nov. 11
t per share
$ per share
*53%
55
53%
143%
145
*143%
19
18%
18%
54%
$ per share
55
*18
55
55%
129% 131
*33%
33%
118% 121
25%
25%
12%
12%
31%
*28%
28%
24%
24%
18
20 Va
Nov. 12
Nov. 13
t per share
$ per share
*52
*52
300
54
(G W)
144%
*143%
144%
170
*17%
18%
*17%
18%
100
Hercules
53%
2,000
Hercules
541/2
129%
53
118%
*129V4
130
"VJV/q
119
118%
<27/a
•<3i/,
120%
28
26
52%
53%
130
33
33
26
27 Va
120
*26%
28
121/4
*48
30%
Apr
29
134
123
Nov
146%
Jan
100
120
Hires
290
27%
2,300
12%
2,600
28 Va
X28%
29%
28%
29
*28'ft
28%
800
24%
25
24%
24%
*24%
25
24%
24%
2,300
18
17%
18
*171/4
17%
*17'%
17%
200
20
1,500
preferred:
Hershey Chocolate new
$4 conv preferred!
Co
(Del)
(A)
& Sons
Hollander
20%
20%
21
21%
20%
42%
42%
41%
42%
40%
41%
41%
2,600
18
18
18
18%
17%
17%
17%
17%
1,200
Houdaille-Hershey
*48
49
*48
49
48 Va
48%
48%
48%
200
31%
31
311/4
30%
31%
1 ft
1%
rl%
lft
98%
*96%
98%
23%
23%
41
41
23V4
40%
40%
23%
*40%
23%
24
1
rl%
5,900
.
97
*40 V4
23Va
ft
120,300
97
rl%
96%
96 3/4
110
41
40%
40%
400
23%
23%
24
1ft
4,900
Household
Common
of
24%
24%
24%
*23Va
24%
24%
23%
24%
600
35%
*35Va
35%
34%
35
34
34%
900
Howe
4%
5%
51/4
4%
5
4'%
11,200
10%
10%
11%
35%
36
36
5
*10 Va
10%
11
Corp
ARMISTICE
33%
33%
33
33%
32
33%
2,300
Idaho Power Co
DAY
25%
25%
24%
25%
24%
25%
8,400
Illinois Cfentral RR Co common--100
58%
58%
58
58
58%
58 %
300
*96%
98
*96%
98
*22
22%
*22
22 %
*9%
9%
9%
9%
9%
22%
22%
22%
22%
22%
ft
ft
ft
ft
ft
127
127
127
*127
128%
*170
174
niO
174
*170
174
40%
40%
x39%
*16%
16%
16%
16%
16 Va
6%
7
*45
47
*102
104
6%
6%
47
103%
3%
3%
13%
103%
3%
13%
13%
*210
217
88%
89
216
174
89
103
103
*99
551%
101
*991/4
11%
89
110%
*109%
53
53
*40 Va
41%
60
*35
35%
28%
*134
57
57%
100 Va
11%
111
53%
42
29%
134%
*991/4
11%
111
*52
4
56%
100%
421/4
*59
31%
83
*334
29%
11%
1103/4
*59
31%
134%
*11%
6%
3,600
603/4
12V4
111
1,200
Inspiration
7%
*6%
7%
100
46 Va
900
Interchemical
87%
31%
*78
*212
Corp
28%
*134
31%
1,220
1,900
32 5/8
2,300
28%
29%
*134
56 3/8
57 Ta
11%
99 Va
11%
11%
llOVa
Harvester
6,900
7%
83
110 Va
1
110
—
4
*33%
4
100 Va
*99
*35
353/4
35 3/4
—
—
200
29 Va
19,500
134%
—
57 Va
14,600
99%
200
11%
3,200
110%
150
No par
100
4%
preferred:
International
100
Mining Corp
Nickel of Canada
Int'l
1
com__No par
Preferred
100
International
Paper
Co
15
com
preferred
$4
No par
Int'l Rys of Cent Amer com—No par
5%
preferred
100
*52
53 3/4
100
International Salt
*41%
42%
42
42
500
International
59
58%
58%
300
International Silver
36 %
100
593 4
59
353/4
*35
*52%
*35
36 %
53%
7 %
No par
Shoe
No par
11%
12%
17,400
12
*12%
12 %
1,200
Foreign
*22%
23
22%
22%
*22%
*22
22%
200
Interstate
27
*26%
27%
400
Intertype Corp—__
300
Island
*22
22%
26%
*26%
27%
61
HIGH
61
*147
153
SALE
Monday
Tuesday
Wednesday
Nov. 8
Nov. 10
Nov. It
Nov. 13
8%
8%
I per share
8%
8%
*22%
22 Va
22 %
22%
*92%
94 %
93
94%
45
45
*44
45%
I per share
ARMISTICE
DAY
t per share
8%
9
*21%
22 Va
*94
95
44%
44%
100
99%
*43%
44
43%
43%
43 Va
43%
*117%
122 Va
*117 Va
121%
*117
121%
27
27
*103
106
*150
26%
26%
*103
106
*150
33%
34
93%
93 Va
36%
36%
*99 Va
*26
*103
*150
34 Va
34
*93
94
37%
36%
61
61
*147
153
Dept
Creek
33%
*92
37 %
101
26%
106
_
34
93%
37%
192% Apr 29
9
108
Mar 21
Bales for
the Week
t per share
$ per share
%
44%
100
42%
*116
9%
13
9%
2,600
21%
21%
300
Jaeger Machine Co common—No par
94
120
Jersey Cent Pwr & Lt 4%
44
44
*98
100
50
43
43
43
2,500
44
Va
*115
121%
400
121 Va
*26
27
*26
106
*103
106
*150
33%
*92
37%
3%%
300
34%
93%
93
93
38%
37%
38%
7,100
200
4,800
preferred
66%
Nov
102
Jun
175%
Dec
202
Apr
6%
Oct
15 Va
Apr
Jun
22 % May 19
34 % Oct
22
27
Sep
45
83 % Nov
96
Jan
29
90%
Dec
101
5% Feb
8
4%
Oct
30
36% Feb
8
9
136% Apr
2
38% May 19
59% Oct
22
5
3 % May 17
27% Sep
130 %
July
99% Nov
9
14
May 19
104% May 16
46% Apr 23
37% Jan
2
26
28 Va
133
38%
Oct
Aug
Sep
107% Sep
16
Feb
95%
Oct
18
11 %
Nov
Feb
20
101 Va
Sep
116
12
58% Feb
44
5
Aug 25
28
Feb
7
Aug
11% Feb
42%
148
55%
113
Feb
Feb
Dec
Aug
26 Va May
125
July
Sep
70% July
36
Oct
49%
Jan
39%
Nov
60 Va
Aug
37
Dec
42 Va
Aug
52%
31%
Feb
9% May 17
17% Feb
11
14%
Nov
9% May 17
17% Feb
11
14%
Nov
31%
Feb
26% Feb
11
23 %
Dec
50
Apr
26% Aug 19
20%
Deo
34 Va July
14
38% May 20
143% Jan
2
61
Nov
12
158
Aug
1
39 Va
141
Dec
50
Aug
Deo
163
Jun
Year 1946
Lowest
100
Highest
$ per share
$ per share
6V2 Jun
lo
21% Sep
25
92 % Nov
7
39% May 20
99%-Nov
37
100
Johnson
Feb
Feb
Jun
12
No par
110
common
12 %
100
Jones &
5%
No par
common
Corp com
2nd preferred series A
Joliet &
33%
pfd_100
preferred
Johnson &
4%
*140
34
Co Inc
cumulative
3%%
27
*103
Jewel Tea
—1
Co
Johns Manville
250
11
July 14
Lowest
94
100
Jan
10% Feb
95
Range Since January 1
22
1)
195
186% Jun
May 17
Par
(F
May
13%
20 Va
13
20
Shares
Jacobs
112
13
Apr
95
9%
May
Oct
225 % Feb
Feb
11% May
Dec
40
EXCHANGE
9Va
22%
Jun
59
5%
Jun
NEW YORK STOCK
Nov. 11
94
Aug
44%
Range for Previous
Friday
*21
Aug
Jun
190
10%
Feb
STOCKS
Thursday
105
Jun
11
7
32
l
35% Nov
Jan
54
15 % July 24
63% Oct
1
Sep
22%
151%
Jan
6
19
common
Jan
May 19
70
No par
Coal
Jan
May
163% Nov
No par
Stores
preferred
$6
12
8
Jan
May 19
Telep & Teleg—No par
ctfs
No par
Nov. 13
*98%
100
62
153
*60 Va
*147
102% Nov
8 % Feb
50
40 %
share
PRICES
Saturday
9 per share
27%
% Sep 30
42
July 17
25
12
23
6
35% May 17
17
25
common
preferred
International
11%
12
AND
Sep
No par
common
12%
LOW
Sep
7%
1
Hydro-Electric Sys class A„25
Int'l Mining & Chem common
5
12%
60%
13'A
Preferred
12%
153
33%
13
Int'l
12
60 %
21
17% Feb
.May 19
12%
*147
Oct
12% May 19
20
% May 19
12%
62
168% Mar
9
12%
153
18
3
12%
147
July 29
Apr 19
180% Feb
33
100
12%
*60%
174
No par
12%
26%
Oct
Rubber
12%
27
Sep
116
No par
*12%
27
36
21
com
53%
42
Sep
22
No par
Machine
Int'l
88 3/4
*78
134%
5534
11%
47% Oct
X35 % May 20
No par
Business
164%
14
36
5
Sep
136% Oct
Iron
Int'l
313/4
7%
ft Nov
23
May 27
l
preferred
200
7%
88
164
88 Va
165
83
*3%
214
6
12% Jan
A
Insuranshares Ctfs Inc
46%
4 % %
25
107
S
Consol Copper
42
*52
*58%
Mex,
Inland Steel Co
16%
30% Jan
No par
De
preferred
16%
7
100
Electrica
Industrial Rayon
Ingersoll-Rand common
212%
*78
3%
55%
Industria
22 % Nov
ft Nov.
1
Rights
212%
215
31%
55%
16 Va
Interlake
83
28%
Oct
Intercontinental
7%
*134
6%
3,400
163%
29%
134%
10% July 17
1,500
73/4
29
7% May 19
3 3/a
167%
*134
5
13%
7%
3%
37%
*3%
165%
3%
99 Va
Oct
13%
7%
3%
Sep
14%
3%
167%
*78
87
25% July 24
13%
166%
31 %
97
16
16'A
100
Apr
21
Jan
40
103
Jan
Aug 22
7
Jan
40
103
85
Feb
15
39%
103
7%
83%
—
45% Jan
Oct
63 % Oct
93
3%
167%
*30%
500
44%
Oct
41
30
37% May 21
100
1334
7%
*78
Apr
Sep
18 Va
23
39 % Aug
18 % May 19
100
4%
3%
87%
31%
May 19
7% Feb
1000
lines
47%
*6%
47
167%
7%
*30%
1
30
Jan
RR stock ctfs series A
Leased
13%
*210
Jun
20
3%
216
10%
preferred series A
13%
3%
14
88%
*170
16%
7%
102%
*127%
174
16%
48 Va
500
1,900
128
40%
*6%
15%
*170
39%
47%
47
Jun
Sep
*15%
*125%
40%
34 % Mar
49%
5%
169,000
46%
45% May
B
ft
130
Jan
3% May 20
iVu
46
25
Oct
ft
15%,
Feb
Jan
Dec
11%
Sep
ft
15%
3
Oct
ft
47
July
60%
12%
14%
Indianapolis Power & Light—No par
46%
47
Oct
33
3,900
128
Oct
5
25%
22%
15%
24%
Jun
3
22%
47
Apr
2
22%
15%
3G
15
22 %
46%
111%
Oct
21% Oct
9%
15%
May 14
Deo
30% Oct
28
13% Mar
Jun
14 %
5
35%
30
22%
46%
33
Feb
7% Feb
Sep
99%
3
26 % July 24
Feb
Apr
27
43% Feb
Illinois Terminal RR Co
15%
Jan
28%
52%
12% May 19
2,500
46%
56
Oct
Nov
15 % May 23
9%
15%
Sep
12%
46'
6.66%
9%
47
34%
1
No par
Ltd—No par
Car
Inc
9%
*46 %
13
1
Motor
9%
*15%
40%
10
Jun
7% May 16
Hupp
—
48
100
preferred
2,800
98
35% Jan 23
29
4 3/4
23%
34% May
38% Mar 28
4%
*22
Sep
31% May 19
3
May 19
4%
*96%
22
20% May 19
4%
96%
96%/
*22
25
1
4%
24
98
Jan
5
4%
6%
25
common—100
Foods
58%
May 19
May
30
Hudson Bay Min & Sm
25%
17
25
c
Hunt
33%
40
29
Hudson
25
Dec
117« Oct
2,000
33%
18
105 % Sep
45% Jun
3,400
*58
Jun
20
5
9,400
33%
Apr
20% Oct
6
19'%
*33%
37%
May 28
1ft Nov
34
4%
May
41%
Oct
14 Va
37% May 21
16% Jan 16
21%
34
34%
39% May
*43
21%. Sep
96% Nov
18%
4%
23%
t
v
Oct
Nov
22%
6
21%
19Va
X22
2
Oct
Corp
non-cum
12
31% Jan
36
19%
4%
*22
5%
x29Va Nov
26
11
21%
4%
*96%
1,800
10
21
19
34
19%
22
58%
11
22% Apr 17
21% May 20
22
4
Sep
3
Feb
Feb
21%
19%
21%
25
*10
10%
29% Jan
100
Manhattan
&
32
19% Feb
Co:
Sound
Hudson
13 % July
11
56
19%
35
19%
22%
25
4%
5
23
Jun
15
22V4
X34%
19%
22 Va
*58
*24
Sep
26
19
—
Texas
Howard Stores
35%
4%
20
10% Jun
No par
com
rights
Oil
Houston
Oct
46%
46% Apr
28 % Jan
preferred
3%%
118
Feb
13% May
Houston Light & Power——No par
35%
*35%
No par
12.50
No'par
50
com
Finance
35%
10 Va
5
^
preferred
$2.25
24%
4
1
5
The
E)
(C
Furnace
Holland
Holly Sugar Corp
Homestake Mining
*96%
Apr
Sep 25
Sep
5
28%
1ft
Jan
72%
38
31
98%
Jan
Aug
38%
30
*29%
1ft
90
192
32% Oct
12
*96%
*40%
Oct
Dee
17% Nov
-100
com,_Nopar
No par
Hewitt-Robins
Inc
5
Hilton Hotels Corp
5
Hinde & Dauch Paper Co__T
10
800
32%
30
31
5
169%
139
11%
30%
8
Jan
30
30%
61
22
130
21
30%
29
Jan
22% Feb
14% May 17
Highest
$ per share
Mar 21
21
49%
165
Jan
63
18
18
3
11
•
134
5%
42'/a
*42
July
143% Oct
68
9
12%
41
No par
52 Va
$ per share
12
31%
20
preferred
Motors
$ per share
50 % Sep
12
%
25
100
common
non-cum
$ per share
Lowest
129% Nov
30
*30
12%
7%
Highest
Powder common_T—No par
130
31
12%
Helme
*143%
18%
1291/4
119
*30
Par
54%
Year 1946
Lowest
EXCHANGE
Shares
$ per share
54
Range Since January 1
STOCK
NEW YORK
Sales for
the Week
143%
54V4
Range lor Previous
STOCKS
Friday
Nov. 14
Thursday
53%
131
26
Wednesday
*18
33%
118%
RECORD
STOCK
143%
531/4
145
33
YORK
PRICES
*17%
*30
*17
*129V4
SALE
Monday, November 17, 1947
CHRONICLE
& FINANCIAL
Jun
13% Feb
14
53
Jan
4
2
10
104 Va Sep
46% Oct
Deo
45%
Dec
24 Va
Nov
108
Jan
July
59 Va May
16
Oct
29
125'/a Oct
16
111
Sep
153
Apr
109
May
115%
Feb
140
May 19
24% Sep
106
Mar
150
34% July 28
31
112
Jan
11
par
27~% May" 17
39
Feb
8
92% Nov
5
101% Feb
l
Joy Manufacturing Co
100
2
2
25 Va Jan
3
Jun
4
100
preference series A_
8%
Sper share
24 Va July 28
104% Feb
100
Chicago RR stamped
Laughlin Steel com—No
Highest
t per share
53%
Feb
Feb
31%
Nov
18
99
Sep
108
May
40% Oct
20
18 %
Oct
34
Apr
22% Feb
10
17%
Oct
36
May
K
*17%
17%
17%
17%
13 Va
18%
18%
18%
18
*99%
100%
*98%
100%
*98%
100%
*99
100%
18
-
600
Kalamazoo
Kansas
*100
101
20%
20%
21
21
21 Va
21%
*48
50 Va
*47
50%
49%
50
*17%
17%
*17%
17%
17%
17%
*24
24%
24%
24%
*24
*19
19%
19
19
*18%
47%
47 Va
46%
47 Va
24
24
108%
108%
*14%
15 Va
*76
77%
34
34 Va
49
47%
47%
*46
48%
19 Va
15
11 %
48 Va
48%
48%
*108 Va
108%
108 Va
*14%
15
*76
77
14%
*76
34%
*45%
24
107%
108%
35
.
20,000
300
107%
200
4%
200
Kinney
15
77
34
2,000
99 Va
99
99 Va
70
39%
x39Va
39 Va
3,100
Kresge
*49%
50 Va
50
50%
50%
49
49 Va
49 Va
49 Va
1,300
Kress
49%
49%
49%
49%
50%
49 Va
50
5%
*10%
5%
5%
5%
5
5%
5
900
5 Va
8,700
10%
10%
10%
10%
10%
10%
1,000
La
24%
24%
24%
24 3 8
24 %
24 Va
2,200
Lambert
xll%
12 V8
11%
11%
11 %
11 Va
53
*51
12 Va
*12
*51
53
*51
*44
44 Va
44%
44%
44%
44%
44%
*26%
27
26%
26%
*26%
26 V2
26%
*96
97%
97%
96%
96%
*95
54
*51
*96
54
*51
•
1,100
54
Lees
97%
*96
97%
70
10 Va
10%
10%
10%
10%
10 Va
10%
2,600
37%
37%
37%
37 Va
37%
36%
37 Va
2,200
5%
5 Va
5%
5Va
5Va
5Va
5 Va
700
2
2 Va
2-
2 Va
3,700
2'%
2 Va
2%
*25
40
*25
40
*19%
20%
*19%
20%
2%
*25
19%
2%
40
19%
*25
19%
40
*25
40
19%
*18%
19 Va
*6%
6%
6%
*6%
46%
46%
46%
46%
46
46%
45%
46 Va
45%
46%
*12%
12%
*12%
12%
12%
12%
12 Va
12 Va
12
12
*6%
For footnotes see
7
page 24.
*6%
6%
6%
7
200
100
1,500
1,000
Jan
55
2IV4
Nov
30% Aug
104% May 19
116% Feb
13
_
Light Co
pfd
Feb
7
15%
Feb
29
Jun
Jan
6
82
Dec
100
Aug
Jun
38 Va Oct
Oct
46
102 % Aug
5
96
Dec
101
40
Oct
22
33
Nov
59
Feb
4
43
52% Oct
21
43%
Sep
Oct
45
Jun
3
40 Va Apr
29
No par
50
common
preferred
—-5
Rubber & Tire
(James)
3.85%
& Sons Co com——_3
Lehigh Portland Cement
Lehigh Valley RR
_
Coal com
Non-cumulative preferred
50
$3 non-cum 1st preferred—No par
50c non-cum 2nd pfd
No par
Lehman Corp (The)—
l
Lehn & Fink Prod Corp__
5
Lehigh
Valley
+
26 Va
May 19
95% July 14
25
No par
4
Dec
20
85
17
Jan
No par
108 Va
11% May 20
34
75 Pesos Mex
(The)
108%. Dec
Apr
May
65% Jun
16
4% May 19
10% Nov
7
23% Sep 29
9%May2o
30% Jun 10
4% May 17
1% May 19
200
*5 Va
60 %
32Ye
13
10
—25
--50
No par
26%
10%
Sep
13
27% Feb
Lehigh Coal & Navigation Co
*26 Va
36%
Co
2
49 Va Feb
100
Lee
5 Va
Co
41
52 % Jan
15
39
Apr
22% Jan
cumulative preferred
700
10%
Gas
100
10
(The)
Bryant
4%%
44 %
37%
&
ser„
..
17% Oct
16
41% May 17
10
May 20
49% Jun 19
38
May 15
21%'May 19
96
Oct 31
Lane
44%
*5
H)
Consolid 6%
44%
26%
37
*2%
Laclede
10%
25
*11%
*10%
(S
10
_
2
No par
(S S) Co
12%
24%
1
No par
_
Cumulative preferred 4'.b
Kroger Co
par
100
_
(G R) Co common—.
Koppers Co Inc common
99 Va
39%
No par
__
Co__ No
Corp
2nd preferred-
conv
99%
50
..
com— No par
Kimberly-Clark
40
*49 Va
Copper
$5 prior preferred
34%
1
_
Keystone Steel & Wire
2,300
*76
B
Kennecott
24%
*14 Va
14%
77
48%
47
99 Va
5 Va
Jan
8
21% Oct
39 %
10%
Jan
26% Feb
13% Jan
98%
25
34%
30
20% May 17
Class
40
5%
Feb
Sep
Nov
Kelsey Hayes Wheel conv class A—1
19
98 Va
25
Jun
26 Va
300
*24
39%
*10%
Jun
67
400
19
14%
49%
40 Va
Dec
19
24%
108%
*50
Oct
Sep
15
24%
*24
*18%
35 %
18%
5
100
preferred
—
45
Kayser (Julius) & Co
non-cum
1
24
11
600
May 17
47% May 19
13% May 19
28 % Feb
600
17%
4%
-
58% July 24
2,000
48%
24
35%
ti-
21%
47
35
5
17%
23%
34%
16
108% Mar
48%
39 Va
99 Va
% Oct 29
21
39%
*98%
14
101
17%
*45 Va
14 Va
10
_
48%
23%
*76
_
21
19%
47
Stove & Furniture
Lt Co100
preferred
Kansas City Southern com—.No par
City Power &
3.8%
48%
24%
49%
—
21
77%
108%
*46
—
*17%
23%
24
23%
—
.
__
14% May 19
5% Jun 17
38VaMayl9
12
Aug 18
7
14
44
16
Feb
3
Jan
9
Jan 31
14% Feb
8
Feb
8
56% Feb 13
30% Feb
4
101
Apr
2
12'A Feb 13
44% Jan 9
8% Feb
7
3% Feb 11
56
Feb 13
Feb 11
FJ) 10
Jan
6
65 ya May
5%
Sep
11%
Dec
14%
38
Sep
68
9%
13% :NOV
20%
52
Dec
102%
49
Sep
Jan
Oct
May
Sep
Apr
82
Apr
10% Nov
17%
Jan
34%
55% May
Sep
6%. Sep
2% Oct
49%
—
25%
9%
50%
24
Sep
45% May
62% May
Jan
18 Va
Nov
17 Va
Jan
5%
Jan
64
Apr
38% May
6%
Oct
15%. Apr
41%
Oct
65%
21%
Oct
33
Jun
May
Volume 166
.Number 4647
THE
COMMERCIAL & FINANCIAL CHRONICLE
NEW
LOW
Saturday
Monday
Nov. 8
I
AND
HIGH
SALE
Tuesday
Nov. 10
Nov. 15}
20%
*19%
20 %
53%
19%
19%
53%
*54
54%
54'%
55
9%
9%
35%
35%
*87%
175
43
89
11
9 per share
19%
'
*54%
*43
35%
36'/a
36 Va
89%
03%
88%
89
90
88
172%
9 Va
171
171
170
172
*43
45
44
*43
44
10%
10%
10%
58 Va
58 %
58 %
33%
32
33%
21%
22
*84
12%
x21%
89
12%
21%
x84
*
84
123/4
12 V2
123/4
400
172
100
6,100
58%
1,400
Link
Belt
33
5,700
Lion
Oil
21%
2i V4
87
84
^21%
jP. 84%
,
700
|
19%
12%
12
19%
%
12%
Va
193/4
193/a
19%
19%
20
19%
20
68'/a
69 Va
69
69 Va
69%
24%
693/4
68%
69%
23%
23%
23%
23%
23
23%
18%
18 %
18 »
160
*23%
42 '%
18
158
42%
41j/4
2 0 '/a
Va
99 Va
21'/2
21%
22%
*38
39
*38
39
138
*135
*
*105%
12%
*19
*12%
*435
56 y8
40%
41%
40%
41
2,600
25%
26
25%
26
2,100
Lowenstein
99
99
99
99
140
21%
21%
Va
22%
107
38%
*135
38%
138
21%
22%
58
353/4
35 V4
35%
35%
35'%
106%
12%
4%%
19%
19%
9
5
5
21
18 3%
19%
19'%
700
12%
*12%
12%
500
14%
26V4
100
16
500
9%
*435
11%
*4%
5
20%
21
7
15
15
26%
26%
100
101
15
26%
101
16
15%
7 Va
V4
25%
101
15%
15
15%
19"4
20
20
20'/a
19 '/2
19%
55%
55 Va
55 »/2
X55 %
23%
55%
23 Va
33%
33%
*180
44%
24 V4
33 %
44
25 Va
33 Va
182 Va
*180
3/4
34
25
33%
182%
X43 %
44%
*180
*43%
25%
33%
182'/a
44
103
Maracaibo
Marathon
Marine
600
Market
St
3,300
4 y4 (:'o
253/a
42%
43%
7%
1,400
X89
91
*88
91
112%
♦111
41%
42
28 %
*98
99
27%
112%
*111
42
*88
%
112'/a
41%
413/4
12%
12'%
45
45
*111
41%
28
28
28
*28
*98
99
*97
98
97
41
40''a
*40
27%
27%
*28
28
52
52
52
34
34
98
98
19%
*25
41
41
28
281%
51%
52
34%
98
21
*40
%
34
*97
*19%
24%
90
12
52
34%
34%
98%
*95%
*95
19%
19%
25%
24%
19%
*27%
51%
19 %
12%
12%
*43 Va
112%
41%
28i%
98
*111
45
May
42
28
28'%
97
41
40%
28
*27%
51%
34%
19
Dept
40
4,900
1,000
1
30
3%%
McGraw-Hill
51%
800
34%
35%
1,400
98
100
19%
500
Mclntyre
$4
McLellan
*24
25
*24
25%
300
*21%
21%
*21%
22
400
931/4
93 %
*93 Va
93%
120
*44
45'%
100
23%
3,700
Melville
19%
1,800
Mengel
*46
46%
45%
451/2
23
23%
23 i%
23%
23 J8
23%
19%
19%
19 %
19". j
19 1/8
65
61
62 »/2
64
*61%
16i%
44
15%
*43
*48
49
*48
*95
97
*94%
42%
104
42%
103
48
*45
16
16%
44%
*43
49
*94
103%
Monday
Nov. 8
share
1612
16%
43 "2
43 3 4
Nov. 10
$
per
16%
43 %
3812
37%
142%
*141 %
14%
9
57%
*96%
99
*64
64%
12%
14%
8%
AND
HIGH
Tuesday
I
per
share
17
433'4
39
15%
15
8%
57%
99
share
17
43%
39
142 '/2
15%
*8%
9'%
56%
58
*96'/a
per
*141%
16%
*43
48
19%
63
161 \
43%
19%
*62
63
15%
56'/a
Thursday
Friday
17
43
17
43%
39'%
39'%
1413.,
141%
14%
8%
57
1434
8%
57
17
43 %
43
39
3,400
39
142 34
1434
8 ■?
2.200
4
57
142 34
13
12%
*119%
48
4%
11%
28%
11'%
10%
*28'/a
28%
*28 '/a
28 3%
*28'/a
60
121
33 %
61'%
%
121 '/a
56'%
57'%
33
60%
*121
60%
124
14%
*37%
60%
120
12%.
121
49%
4%
14'/a
38
11
28 34
60'/a
120%
12 %
*119%
49
4'%
Monarch
$3.25
57%
9,300
32'%
32%
10,600
65'/a
700
$2.50
*24 3%
25%
600
Morrell
14%
2,500
24%
24%
24%
24'%
2434
21%
*2334
24'%
*2334
*21%
21%
21%
21%
*21%
21%
21%
19'%
*14%
15%
15 Va
15'%
36%
15'%
15%
36%
36%
36'/a
36%
363/a
112
14
42
57
*110'%
13%
112
Montgomery
100% Aug 25
97 % Mar 11'
103
93% Deo
Motorola
3
9%
Oct
17
Jun
Jan
4
45%
Sep
65
May
113
Jan
4
111
Jun
118
Mar
48% Jan 2i
42
Sep
71
Apr
33% Feb 21
25
Oct
43
May
Deo
122
Apt
May
Apr
56% Feb
8
Jan
6
105% Feb
20
44
25% Feb
102 %
30
23%
44
19
19
1,400
Mueller
23%
233%
24
3,100
Mullins
15'/a
*110'%
108
15 3%
37%
112
*105
15%
37
*110'%
108
10
15%
1,400
Impl
21
20
31% Feb
8
22
Oct
36
Jun
23 % Oct
28
18%
Sep
30%
Apr
105% Feb
11
Sep
107%
37
1,300
112
133%
13%
13 3%
14
3,300
42
41
41
*40%
42
100
55
55
55
55
*54
56
200
$7
Nov
103
35%
Apr
Aug
Aug
Jun
Feb
8
61
Nov
105 Va
Jun
13% May 20
41
Mar 21
19% Jan
28
43 % May 19
94
Nov
5
50
73
47% Jan
30
3
36%
10
54
Sep
3
97
Deo
47 % Jan
30
111% Aug 18
39%
104
Apr
Oct
Nov
113 Va
Apr
$ per share
12% May 19
33
Apr 30
29% May 19
136'% Jun 18
18'/a Mar
5
$ per share
Highest
$ per share
Oct
18%
Oct
21
31V2
Feb
42 '/8 Feb
.
4
32
Nov
45% May
62 Va Jan
6
140
48
156
Mar
lOYa
Oct
173
Feb
July
12
10%
Nov
14%
14% Feb
24
9%
Oct
26% Mar
47'% May 27
66 >/2 Jan
7
Oct
68%
114% Feb
25
105%
Dec
29
40%
Apr
100
Nov
7
51 % Apr
16
98
1
7
104
com
May 19
Jan
13
28% Mar 11
No par
3% May 19
100
11% May 19
32% May 19
1.25
8
No par
A
8
49 % May 17
110% May 16
49
May 19
No par
Co
May 19
23% Sep
5
com_
No par
68
Sep
14% Oct
123
129
Mar
Sep
44
May
8
Feb
preferred
52
Jan
70
Apr
11%
Dec
23% July
13% Feb
14
Feb
17
32
1
35
100
common
May 29
Apr 14
108
Mar 26
conv
10
'
50
No par
45
Apr
64
Deo
28 V2
Deo
63% Feb
3
43 %
Sep
128V2 Feb
4
UlVa
Sep
135 Va
57 Ye
Dec
104 Va May
64% Feb
34% Oct
67
Oct
14% Nov
27 '/a Oct
10
Jan
Oct
Dec
27% Feb
103'% May 26
17%
19
42
17% May 19
14% May 19
_5
>
5% Oct
7
2,
27% Oct
No par
■„
3
25% Feb
51V2 Jan
May 19
19% May 19
.
18% May
Sep
28
17
1
Deo
100
26 V2 July
1
60
14
20%
5
-
B
Oct
Apr
119% July
20
52% May 19
24
May 16
9% May 19
3
8 Va
Deo
Oct
10
Jan
8.
45
56% Oct
50
com
Co
4%%
preferred
Murray Corp of America
47c
preferred
Myers (F E) & Bros
Lowest
15% Nov
i__
Lines
class
62 Va
77
May
110% July
61'/a Jun
Year 1946
Highest
$ per share
20
&
32% July
Sep
65% Jan
103 % Mar
14
35% May 21
102% Oct
18% Deo
10% May 19
6% May 19
A
series
Munsingwear Inc
Murphy Co (G C)
Jan
Jun
108% Mar
35 Va
3
Co
Deo
Oct
No par
Brass
Mfg
69
56%
Sep
39% Nov
102
18
Corp
Corp
Wheel
19
48 Va
3
Products
Motor
46 %
Sep
Sep
6
com
Inc
Motor
400
Nov
97
14% Nov
24% Jan
No par
400
NOV
70
May
112% May
May 19
55% May 17
& Co
21%
Deo
38% May
204%
No par
preferred
(John)
Jan
45% Nov
50
10
10
Inc
Ward
cum
19
*37
Co
25
8.
11
9
Jun
20
Nov
30 Va
Apr
50 Va
Sep
62
Jan
15%
Oct
34%
Jan
19
Oct
1
—.
3
20.
3
36
May
Mar 28
20
107V2 Mar 14
14'% Sep
102
22%
Jun
Oct
109%
Feb
15% Nov
13
13'% Sep
27 Va
Aug
40% Feb
10
32%
Oct
49
108 Va
Jun
93%
Oct
112
Jan
29.
114'%
May
Jan
9% May 17
37% Jan
2
I5V2 Feb
11
44% Feb
13
33% Nov
55%
Feb
50 Va Jun
56
29
50
70
Jun
10
Jan
Dec
22
Jan
N
17
17
17'%
23%
23 %
23'%
17 Va
17%
17
17'%
23'/a
*23
22%
22%
*22%
17
173%
23
10,500
20
Nash-Kelvinator
Nashville
Corp
Chatt &
26'%
26 Va
26'/a
11
26'%
26'%
11'%
26'%
26'%
1,300
National Acme
10%
11
11 Vb
11 Va
10%
11
11 '/a
10%
10%
10%
3,400
National Airlines-
11'%
11'%
12%
11%
12%
11%
123%
11%
11'%
13
1,600
13'%
National Automotive
12%
12%
123%
12%
2,200
National
32
_5
Louis
*31 Va
32
*31%
32%
175
26%
*9%
9%
42 Va
42%
*31'%
32
31%
31%
32
31%
32
3134
323%
32
"165%
175
*165 Va
*25
26'%
9'%
9%
9%
9%
14%
14%
143%
see
page 24.
26'%
*165'%
*25'%
32'%
173%
26'%
31'%
*166
400
32
3,800
173
Corp
National Battery Co
National
7%
*25'%
26'%
9%
9%
2,800
Biscuit
Co
Nat-Bond
&
Share
41%
3/8
9%
3,000
9'%
9'%
9'%
9'%
1,600
Nat
14%
14'%
143%
14'%
14%
11,100
9
9%
42
93%
41
9%
42
41
National
Can
City Lines Inc
National
Container
May 19
19% Feb
7
13
Oct
25%
Jan
May 24
29% Feb
13
23
Oct
52 Va
Jan
May 19
30
6
27
Sep
6
14% Nov
41% May
34% Jan
Jan
10% Nov 12
16 V2 Jan
Inc—1
9'% May 19
IOV2 May 19
14
24
33
-5
4
Jan
13
10
27
Jan
13
100
common
preferred
X14>%
9%
41'%
9 %
175
35
14
19
21
1
Fibres
Aviation
Corp
Corp
National Cash Register
9 %
42%
42
14%
footnotes
*25'%
*34%
Co
100
1
St
26 %
11 Va
For
25
Lowest
com
Moore-McCormack
22%
*105
RR
26
*25
Feb
24% Sep
195
16
No par
11 VB
*165
8
Range Since January 1
vtc
Chemical Co
24
*41
14'%
49% Feb
NOV
10
preferred
56%
24'%
23
57 %
pfd_100
Machine Tool
Monsanto
65'/a
*21%
*55
800
3234
26
Power
Hosiery
64
*24%
57
121
Mojud
56%
108
3
Jan
26%
Corp
5,900
14 V8
13%
Moline
64
19
Apr
1
$6.50 preferredMission
60%
60
120%
14'%
*41
15,100
100
14%
13%
Minn
150
52
32'%
23
Feb
Jun
75
Oct
No par
1,200
14%
42'%
4,200
121
65 Va
*105
45 Va
30%
Sep
13
34 % Nov
106
Sep
Oct
48
Oct
pfd series A
conv
10 Va
25
*110'%
3.20%
27%
14'%
183%
25% Nov
31
12%
No par
Minn Min & Mfg
57%
24 3'8
2
43 Va
100
10%
24%
112
12%
230
1,100
33%
107%
6
23
Sep
20'A
No par
A
x27%
14'%
18 3%
Jan
Apr
112% Mar
Xl09
5
Ry
M
Mo-Kan-Texas
14 V8
24
9
7
No par
7% preferred series
Mohawk Carpet Mills
14%
107%
57%
Feb
pfd
SS
Jan
20%
25% Jan
com
St Louis
&
Feb
Oct
Range for Previous
Minn-Honeywell Regul
St
*63
*24%
Prod
1st
U%
May 20
Petroleum
Steel
cum
500
66
18 %
8%
2,900
25
24%
Mid-Continent
Midland
2,300
66%
107%
60
Jan
8
Sep
7% Deo
Nov
190
13
5
4%
25
24 v4
3Va
11%
24% Oct
5
STOCK
15%
65'/a
*106%
Jan
46% May
Jun
Copper
56%
57
YORK
37%
14%
*37
25
Va
26%
30%
63% Jan
6
Par
32
34
Oct
Nov
8
34
14
Nov
12 Va
26
44
50
3.90%
1,800
57%
50'%
60%
May 17
Nov
Apr
13
111% July
17% May 20
24% Sep
9
16% May 19
88% Jun 23
No par
&
118 "2
121
800
Aug
16%
15% Nov
5
Nov
EXCHANGE
Miami
Sep
626
34% Feb
46% May 9
30% May 19
3%
Co
P
49 %
56 %
Nov
Nov
98
5
Edison
NEW
Jun
Oct
8%
20
common
Minn
118%
121%
620
1
preferred
Minneap
50
15 Va
Nov
1
1
Inc
1,600
119
38
Co
5,400
64 %
14%
*17 Va
1
9
98
38
Apr
50
15
98
60*%
Inc
111%
17
7
Shares
17
64
56 %
Co
cum
the Week
$ per share
64 34
121%
$3.50
Sales for
Nov. 14
$ per share
98'
DAY
600
Oct
29
8% Feb
16
10
106%
STOCKS
98
4%
5% Oct
27% Feb
Feb
No par
Transp
Metropolitan
64
49'/a
14
45% Oct
Co
May
17%
32
1
Jan
65
30 Va May
107% Feb
:
Jun
76%
37% Nov
Deo
4
90
5
42% May
160
Oct
Sep
18
86
18
Bep
Deo
38 Va
Sep
Mar 14
com
32
140
13%
14>/a Feb
Nov
Mesta Machine Co
65
15
&
130
98
4'/a
Merck
103%
28 VB
12%
Jan
16 %
May 17
preferred
Stores
Min
102%
98
ARMISTICE
&
103'%
*64
4%
Mercantile
Merch
102 '/2
15'/a
X25%
30%
12 Va
32% Feb
97
common
200
12:%
4%
1st
900
U%
17
Sep
1
455
39'/a May 19
90% Nov
6
100
(The)
49
64'%
4%
Co
conv
42%
12%
12%
5%
94
38 "2
*23%
Feb
6
May 26
Corp
48 %
14%
13%
14
Jan
72 %
43% May
108
July
1
35
preferred
Shoe
42 %
11'/a
*41
Deo
32%
18% Aug
24
preferred
2nd
94
64
120
4%%
48 %
%
x48 %
3,900
43%
Inc
Mc-Quay Norris Mfg
Corp common
42 %
37%
*55
97
2
24
Mines
Stores. Co
96
11%
*110%
Nov
Jun
Jan
Aug
15% Feb
I8y4 July 23
24% May 27
No par
42%
*94
38%
18%
16%
*43
110
Nov. 13
Nov. 12
$
43%
V2
104
*61
11%
14%
35
31%
197
24% Sep
45% Oct
20 Va
Jan
Apr
May
21% Mar
17
100
Mead
4r/o
Mar 28
1
Robbins
PRICES
10%
38 Va
421/2
Wednesday
Nov. 11
share
142
SALE
48i%
96
42%
103
161%
43%
48 %
96
42%
LOW
Saturday
%
23%
111
No par
Co
preferred
24%
23
&
7
Jun
1
Co
Pub
Porcupine
McKesson
21%
19%
Electric
21
12% Jan
180
5
Corp com
preferred
conv
McGraw
931%
47%
14
Oct
41% Jan
35 % May 19
500
'/a
%
1
100
pfd-
5
Apr 21
May 17
14
No par
Stores
300
51%
39% Aug
14% May 19
39'% May 17
Cprp
McCrory
21%
65'/a
101% Aug 22
26% Oct 14
108% Mar 20
cum
28
19%
1
common
Nov
No par
93
32%
7
60
1st
McCall
93
*24%
Deo
Aug
45%
Nov
160
14
152
$6
600
21'%
23
*
x20
Feb
20
100
No par
com
Oct
No par
93%
*14%
120
17% Oct
3
29% Oct
Mar 12
preferred—
21%
*38
53
64
29
Jan
29% Jan 31
31
$3
300
93%
*4%
7
7% May 19
42
Jun
6
22
49 %
28% Oct 24
172
May 14
Jan
5
21% Jan
14
,
No par
Co
Stores
40%
*96
%
Electric
*21%
119
94
79% Feb
9
May 19
22% May 19
$3.75 preferred
No par
$3.75 cum pfd 1947 series—No par
$3.40 cum pfd
No par
Maytag Co common
No par
112%
*41'%
*95
98
100
preferred
*93
12 %
Jan
3% Jan
No par
Co
Master
89
43
L)
Mathieson Alkali Wks
10
80
12 V*
(Glenn
1,500
110
*27%
*
4
109% Feb
19% May 28
6% May 20
100
6,200
91 Va
43
pfd
preferred
33 '/a
180
92 %
' a
Jan
Apr
41
1
com..
25%
33%
180
*90%
12%
Co
Martin
*91
14 %
43%
9% May 19
24V4 Sep
4
par
5
Martin-Parry Corp
Masonite Corp.i
90 3/4
44
&
600
91%
12
Ry
3,100
90'%
*8
23% Nov
Deo
6
6.25
2,700
91%
*43
50
Corp
6% prior
15'%
91%
*87
Co
Exploration-
56
x90 '/a
13
Oil
20
91 3/4
57%
Feb
9
Deo
11% May 19
16% Apr 14
12Va May 13
455
Jun 17
5
19%
*55
*91
*38
6~6~
Oct
18%
1
15
91
*141 %
65%
43
14
25% Nov
101
1
Corp
Marshall Field
190
91
per
37% Deo
41% May 19
30Va May 19
10
Midland
*90%
*
Jan
May
30% Jan
13% May 17
No par
No
2,400
X91
t
Aug 29
99
97
100
Garden
RR
7,900
91%
*103
210 Va Mar
13
34
Co
2,100
'
*91
89
A
Bros
91'%
42 %
102
Deo
20
135
Manhattan Shirt
*90%
45%
Square
Mandel
15%
26 %
26
55%
16%
Sep
12% Oct
17%'May 19
No par
No par
Magma Copper
Magnavox Co (The)
400
5 %
*101
15%
Madison
300
7%
15
24
*42%
83
183
Feb
10
com
com
series
Mahoning Coal
20%
26
pfd
Sugar
7'/a
101
Co Inc
Manati
5
56
*60%
2
Feb
100
2,400
20%
7'%
20%
19%
37%
20
23'% Nov
10
Forbes
11%
25%
21'/a
&
25%
11%
26'/2
7 Va
4'%%
1,200
9
*25%
4%
200
500
9
26
15%
44%
12
9'/a
24
182%
101
11%
21
15
26 Va
100
9%
*55
*46
Oct
27
40
,100
preferred
Macy (R H)
12
12
73/a
6 r/0
2,300
101
*20
24 %
A
Mack Trucks Inc
12'/a
*435
105
25'/a
20 3/4
7%
7%
15%
*33%
series
Apr
28%
May
60% July 14
33% Nov 10
12
156 5/4 Nov
com__l
Co
MacAndrews
10
18%
12%
500
4%
20%
7%
40 %
Steel
35
34%
Va
5
100
12%
19%
*435
26 %
41%
pfd
3,800
12
12%
500
*26
*111
& Sons Inc
56%
105
19
13
*435
39
135
55%
13
*12%
26'%
12%
(M)
cum
Lukens
2,600
107
*103
12%
*38
135
55%
*12%
15%
39%
138
59%
9
5
*38%
*135
56%
*104
19%
13
DAY
35%
12%
500
ARMISTICE
56%
*26
*43%
10
99
*9
*87
No par
Co common
26
*11
33%
(P)
Jan
15 Va
6
14
Aug 8
58% May 19
12% May 19
17% Apr 16
7%
98 V2
9
*44%
Lorillard
60
800
12
*180
Long Bell Lumber A
3,500
24
*11%
16
2,300
18 Va
*23%
12
26%
22%
156%
74 Va
Oct
19
No par
23 %
56%
35%
9
*99 %
Corp
Nov
Nov
10
10% May 17
1
,
No par
po l/0
*11%
*20%
x84
43
3
X48
24% Aug 25
19% May 17
100
Inc
Lone Star Cement
Apr
44 Va
10
191% July 25
13
10% Oct
No par
com
24%
41%
21%
138
*35%
22%
18
156%
96% Jan
Highest
I per share
21% Nov
11
May 19
Nov
$ per share
M
*135
55%
18 Va
158
28
47
preferred
100
Louisville Gas & Electric A__No
par
Louisville & Nashville
50
23 3/4
25%
99
18'/a
158
Loew's
2,100
40% Oct
25
33% May 27
No par
No par
preferred
Lockheed Aircraft
Corp
4,900
Apr
170
25%
42%
26
100
158
Co
Co
3%%
12,800
59% Feb
78
41 %
24
*25%
18%
*156
23%
*98%
21%
18 Vb
158
23%
300
8
25
_No par
No par
Liquid Carbonic Corp
'*
r
12%
19
69%
"158
„_5
Feb
29% Mar 15
7
com
Lowest
May 17
46% May 21
8
May 16
100
58%
10%
$ per share
17
No par
Preferred
32%
10%
Highest
$ per share
No par
Liggett & Myers Tobacco
220
44
*43
69%
24
1,200
■
Year 1946
Lowest
Lily Tulip Cup Corp
Lima-Hamilton Corp
10%
ij. 74
*84%
9,700
.
58%
58%
31%
91
12%
9%
*170%
.
Range Since January 1
Lerner Stores Corp
Libbey Owens Ford Glass
Libby McNeill & Libby
Life Saver,9 Corp
32
lO'/a
58'/2
32%
*85
9
Range for Previous
STOCK
Par
700
35%
YORK
EXCHANGE
1,800
9%
10%
22
19%
54%
363/a
58%
32
19%
9%
9
NEW
Shares
54
*35 V2
33
*58
*21%
the Week
9 per share
193/4
533/4
Sales for
Nov. 14
36%
89 %
171'/a
43
10%
t per share
Friday
9 %
*35%
89
>172%
9
Thursday
Nov. 13
,
*19%
> per share
RECORD
STOCKS
Wednesday
Nov. 11
share
per share
STOCK
PRICES
per
1
YORK
19
(2007)
170
Nov
7
No par
10
No par
1
Co
1
2IV2 Jun 10
8% May 19
33
May 19
8% Jun 16
13% Aug 4
10
Feb
7
16% Feb
21
13 Va
Dec
20% May
28% Jan
Oct
20
20%
Oct
34%
34% Feb
187
15
Jun
27
26 J/2 Feb
13
13% Feb
7
42V2Nov
8
14% Jan
7
15 V2 Oct
15
25%
180
Sep
Oct
Apr
37% May
Nov
205%
22 Va
Oct
32%
9Va
Nov
21%
Feb
31
Nov
45 Va
Jan
13
Oct
24% Aug
Apr
Apr
.
20
(2008)
COMMERCIAL
THE
NEW
LOW
AND
HIGH
Saturday
Monday
Tuesday
Nov. 8
Nov. 10
Nov. 11
I per share
$ per
share
I per share
SALE
&
YORK
FINANCIAL
STOCK
CHRONICLE
RECORD
PRICES
STOCKS
Wednesday
Thursday
Nov. 12
Nov. 13
$ per share
Monday, November 17, 1947
$ per share
Friday
Sales for
Nov. 14
the Week
$ per share
14 »/4
14%
14%
14%
14%
14%
14%
14%
14%
29%
Range for Previous
STOCK
YORK
NEW
Range Since January 1
EXCHANGE
Par
Shares
National
14%
3,300
29%
29%
29%
29%
29%
29%
29%
29%
29%
5,100
National
17%
17%
Cylinder Gas Co
Dairy Products
17
17%
17
17%
17%
17%
17%
17%
3,400
National
20%
20%
Dept Stores
20%
20%
20%
20%
20%
20%
20%
20%
9,500
National
Distillers
*43
45
20
*43%
20%
*99
100
33%
19%
1C0
*171
33%
172%
*144
147
33%
172
7%
7%
7%
18%
18'A
1
45
*43
19%
19%
33%
33%
42%
19%
19%
100
100
100
33%
34
1
19%
33%
43%
200
19%
4,600
101%
70
33%
4,600
Nat
Enam
$4.50
173
173
171
173
150
7%
147
*143
145
143
143
20
6%
8
7%
7%
*7%
17%
1
18%
18%
1
1%
90%
90
90%
90%
25%
26%
*26
26%
*26%
20%
20%
*96
96%
*96
25%
*24%
20%
25%
21%
96
96%
*24%
1
96
X24%
8
18%
1 %
2,000
800
1
Lead
Nat
Mai
1%
8,100
Natl
90%
4,000
27
26%
26%
800
20%
20%
12,100
96
96
&
National
20%
96
25%
*24%
14
*13%
200
4%%
14
*13%
14
13%
13%
*13%
14
100
Natl
12
11%
11%
11%
11%
11%
11%
11%
11%
600
20
19%
19%
19%
19%
19%
19%
19%
19%
1,400
*15%
16%
29%
*99
100 %
*99
*15%
16
*106%
107
107
*28%
102
*99%
98
16
16%
*106%
28%
28%
101
*99%
98
*16
101
16%
*106%
25'%
28%
*99%
107
28%
101
16
*106%
*29
*99 %
99
99
99
41%
42%
41%
42
41%
42%
2,300
Newmont
26%
25%
26%
25%
26
25%
26
1,600
Newport Industries
94%
94%
94%
94%
24%
36
25%
x24%
x41
41
13%
13%
36%
*123
124
15%
34%
123
16%
13%
36%
33%
123
16%
*121
17%
*20 %
22%
*20%
22%
*50
55
*50
55
*230
245
*230
*93
94%
120
25
24%
25'/a
2,200
42
41
41
13%
13%
*93
13%
13%
34
122
15%
96
24%
*40%
24%
42
13%
13%
25
42
33%
34
121
121
15%
16%
15%
34
120%
15%
15,700
36%
24,000
N
Chic & St
*20
245
DAY
22
*19
22%
*19
22%
*50
55
*50
55
*50
245
*230
245
*230
245
N
N
*15%
16%
16%
16
16%
97%
96
96
96
96
14%
14%
14%
94%
*96%
16
94
16
15%
16%
*95
96 %
96
96
*12%
13
13
13%
15%
Xl3%
94%
*94%
*23
13%
94%
*94%
94%
23%
23%
*35%
36%
*24
24%
24
24
*35'/a
36%
36
36%
*60%
61
60%
61
60
61%
58 %
60
*27
27%
27
27
26%
26%
26%
26%
25%
25%
25%
24
36%
36%
pfd__100
10
1
common
common
preferred
non-cum
Harlem RR
Hav
Co
& Hart
RR
series
5%
No par
50
100
Shipbldg Corp partic stock
25%
25 %
8%
25%
8%
*87%
89
8%
*87%
8%
8
89
24%
*87%
25
8%
8
8%
Light 3.90%
Elec
&
New
North
American
North
American
*87%
90
30%
30
30%
29%
29%
3,500
19 %
19
19%
7,000
92
91
91%
230
89
30%
19%
19%
19%
19%
19
*90
90%
90
90
90
91%
*91
13
12%
13
12%
13%
21%
21%
21%
21%
21%
21%
21
21%
*36%
37%
36%
37%
37
37
36%
37
7%
*6%
7%
*6%
7
*6%
13%
13%
*13%
14
*13%
10
Adjustment
Northern
*21%
22
*36%
37%
*6%
7 %
*13%.
14
33
33
*105
*32%
*19%
14
12%
12%
12%
5,100
.
20
33%
32%
32%
*32%
33%
105%
105 %
105%
105%
105%
105%
230
26%
26%
26%
26%
26%
26%
27%
7,500
19%
19
19V4
19%
*19%
19%
300
3,200
*19
32%
105
32%
23 >A
23 "4
23%
23%
23%
23 %
23%
102'/a
102%
102%
*102 Va
102%
102
102 %
101 %
101%
9%
10%
11%
10'A
10%
10
10%
*9%
102
102%
103%
*19
20%
30%
*147
100
26'A
105
26%
*102%
*102
250
7%
14
30%
150
11
*102%
*19
103
*102%
20'A
30%
*147
*19
30%
103
19%
30%
150
24
*147
23%
*19
150
20
30%
30%
24
*148 %
30 %
151
*100
*19
30%
*148%
500
70
10
7,500
102
50
19%
30%
22%
*21
22%
*21
22%
*21%
22
21%
21%
87%
*84%
87%
*84%
87%
*84%
87%
*84%
1,800
75 %
75%
74%
74%
75%
75
LOW
Saturday
Monday
Nov. 8
$
per
$
per
share
AND
HIGH
SALE
Nov. 12
per
share
100
10
25%
Dec
Mar 18
22% Oct
29
28% Nov
98% Nov
98
Nov
6
6
10
35% May 20
24 % May 21
94% Nov 10
i73/a Jun
9
May 19
11% May 19
19
Apr 19
53
May 23
245
Nov
6
15% Nov
13
96
Northwest
100
18% Feb
107
38
106
17
10
July 25
Feb
13
Mar 11
1,100
Friday
Feb
Sep
101% July
38
Apr
25
Jan
16%
Sep
Deo
15
Feb
32%
Jan
22
Sep
Deo
109% Aug
Nov
43% May
103% NOV
110% May
106
104
25%
Deo
113
Oct
Oct
50
Apr
7
27
45
Jun
3
109 %
7
42% July 14
32% Feb
10%
102
Feb
95%
Sep
Oct
26
Oct
20
18%
Nov
34%
Apr
46% Feb
10
36%
Oct
69 %
Jan
3
13%
Oct
35%
Jan
26
Sep
22% Feb
37% Oct 29
124
Sep
20% Feb
26
Aug
62% Jan
290
79
Jun
61% May
135
Jun
4
Sep
16% Deo
1
21%
Oct
41% May
S
63%
Oct
76
May
278
Jun
325
Feb
102
Deo
113% Mar
3
Feb
20
25% Sep
37%
Feb
17
Nov
16
93% Oct 30
Mar
1
Sep 29
11% Nov
28%
Feb
41%
Sep
72% May
23%
Oct
9%
Deo
100% Aug 19
13
25% Oct
20
Oct
2
53% Jan
16
57% Nov
14
64% Nov
5
25
26% Nov
12
30% Sep
10
22% Oct
10
33% Jan
7
6% May 16
10% Feb
17
1
Co
50
20
100
Airlines
8
19
13% May 19
111
Jan
39% Apr
16% Feb
117
May
115% Jan 11
30% Nov
8
36
Jan
22% Feb
f
16%
Oct
6
102% Feb
17
96%
Deo
104%
Nov
2
Jan
(Minn)—
No par
Inc
87% Sep
28% Sep
17
common__10
89
Nov
11
Aug 20
19% Aug 20
22% Apr
25% Oct
18%
Nov
56%
25
Northwestern
Telegraph
50
33
44
Oct
55%
Tire
&
Rubber
No par
45% Jan
2
13% Feb 11
9
NOV
19% May
Norwich
Pharmacal
18% Feb
16%
Deo
28
Sep
4.6%
Ohio
cumulative preferred
Edison
4.40%
Ohio
Co common
8
100
No par
Corp
4%%
&
Elec
4%
pfd
preferred
(The) common
Corp
convertible
Otis
Elevator
preferred
100
6
A__100
10
No par
common
preferred
Outboard
20
No par
common
convertible
Omnibus
8%
2.50
Co
Oklohoma Gas
Oliver
Co
preferred
Oil
100
Marine
&
Mfg
2.50
Co
No par
Owens-Illinois
Sales for
Nov. 14
the Week
$ per share
1 per share
Thursday
2%
1% Aug
30%
108'/a Jan
107
Co
pfd $3.60 series
Outlet
Nov. 13
$ per share
28 % Jan
Glass
Co
12.50
Jun
12
6% May 16
12% Oct
2
31 % Apr 15
103'A Oct
3
38
6
6
Jan
9
30%
111% Feb
18
108%
Jun
21
Apr 14
27% Nov
6
19%
Feb
19
Nov
22
21
Sep
12
173A May 17
July 23
15
18% Nov
Feb
17
99%
13% Feb
4
Feb
6
*113
Sep
30
28% Feb
18
25
Dec
May 19
33% Feb
18
26
Oct
149'A Oct 24
163% Jan
28% Feb
18
158
Sep
97
Jun
7% May
86
May
15% Sep
24
11
7
7
19% May 15
84
Aug 28
70% July
1
26% Oct
107
118
NEW
YORK
Oct
Jan
May
37% Nov
112
Jan
29% July
Jun
22%
36
Jun
xl 19 %
Jan
17%
Jan
10% Nov
120
Feb
51% May
39% Feb
8
19%
Deo
180% May
35
Jun
4
86%
Oct
111% May
93
Jan
80
July 25
STOCKS
Wednesday
Nov. 11
$
75
Sep
10
Aviation.
Central Ry
PRICES
Tuesday
Nov. 10
share
76
76
75
10% May 21
preferred new
Northern Pacific Ry
6%
87%
*74%
2
21
100
Oppenheim Collins
152
*21
*84%
1% Jan
10% Aug
41%
Norwalk
3,900
*19'A
105%
26%
*6%
*13'/2
12%
6% Nov
Oct
20%
94% Oct
1
Northern Natural Gas Co new
Cum
7
31
Ry—
Northern States Pwr Co
13
Jan
25
5,500
30%
pfd__100
common
11,900
19%
88
34
8 Va
30%
Apr
Jan
8% Apr
28
Corp—
4
Western
25%
19
173
l
Aug 19
74% May 26
21% May 17
12% May 19
23% Nov
&
24%
8
Oct
16
Nopco Chemical Co
400
89
X149
14
Jan
Noblitt-Sparks Industries new__2.50
26%
89
Gas
$3.75 cumulative preferred
*26%
30%
30%
&
State
Norfolk
6,400
28
Nov
16% May 20
Jan
Apr
Co-
A
Y
300
167
143
No par
Dock
com
Y
300
July
80
Louis Co
N
36
59
1
No par
700
24
57%
100
No par
Power
24
*35%
207
13% May 29
105
Feb 13
Y
80
Dec
1
N
94%
178
18% Oct
50
94%
15
_
24% Feb
N
14%
*94
Jun
190 'A Sep
Oct
100
New
40%
31
170
York
Y
108%
27
100
Y &
33 %
Oct
9
107
18% May 19
Brake
Air
Preferred
8,800
Oct
Sep
16%
35% Jan
No par
$5
31% NOV
102%
preferred series A
New
28
2
City Omnibus Corp
Y
Y
45% Oct
25% Jan
32% Aug
67% Jan
15
32% May 19
12
May 17
18% May 19
6%
55
*230
ARMISTICE
York
13%
N
19% NOV
24 % May
York Central
300
Apr
Jun
3
14% NOV
4%%
preferred
Newport News Ship & Dry Dock
New
5,300
34%
42% May
Mining Corp
New
15%
Aug
45%
Nov
Feb
6
25% May 20
6%
23
Sep
15%
106% Mar
1
Jersey Pr&Lt Co 4%
300
121
Nov
Oct
30
6
Oct
Inc common
42
95
99
15
3
38
No par
26%
42
30% May 26
14% May 19
21
Jan
20% Jan
23% Oct
No par
*41%
24%
May 19
17% Feb
Nov
Co
Co
26%
*41 %
May 19
May 19
NOV
Corp
New
May 16
Highest
f per share
11%
Neisner Bros
30
13%
27%
14%
17%
S per share
21%
4% % conv serial preferred
100
Newberry Co (J J) common—No par
3%% preferred
100
101
$ per share
89
500
30
$ per share
Lowest
Sep
4
29% Jan 24
17% Feb 10
13% Jun 13
900
16
107
Highest
20% May 20
13'A May 19
11% Jan
3
10
41%
*97
10
100
Vulcanized Fibre
Nehi
No par
Co
41%
98
25
Corp
*26%
*94%
*96
107
1
No par
No par
ex-dist
Lt
Tea
Natomas
*28%
Corp
Co
preferred
*13%
*106%
100
100
Cast
<3z
10
common
Service
Steel
National
*11%
20
1
No par
A
B
Stl
Power
No par
com
National Sugar Ref Co
Natl Supply (The) Pa com
80
25%
Co
National Linen
90%
96
*24%
7%
18%
No par
preferred
preferred
preferred
90%
20%
25
7%
18%
Prod
Stamping
conv
National
172
18%
&
1
No par
5
National Gypsum Co
172
89%
20%
34
*42 %
*100
*143
89%
20%
19%
147
26
89%
*25
43
100
172
*142%
18%
1
45
100
Year 1946
Lowest
69% Nov
100
Apr
Range for Previous
STOCK
Range Since January 1
EXCHANGE
■Lowest
Shares
Par
Year 1946
Lowest
Highest
$ per share
$ per
Sper share
share
Highest
I per share
P
*14%
15
*14%
15
ARMISTICE
*14
15
*14
15
DAY
*70
72
*70
72
*40%
42
40
37%
37%
37%
38
*55%
56%
55%
56%
36
36
36
41%
*14%
15
*14
15
70%
5>/a
9%
9%
9%
9%
*15%
16%
*15%
16%
53%
103
53%
53%
54%
103%
*102%
103 Va
7
7
*70
105
71
107%
6%
*70
22
.
22
107%
42
2%
*
7
71
*105
42%
21%
*41%
2%
Va
Va
230
4,600
Pacific Gas & Electric—
56%
300
Pacific
35%
36%
35%
35 %
36
36%
1,000
Pacific
Mills
95%
*94%
95%
94%
95
290
Pacific
Telep & Teleg common—100
*147 Va
149
150
6%
4%
4 %
4 %
4 Va
4 Va
48
49%
48 %
51%
51%
59%
5
5 Va
4%
5Va
4%
4%
9 %
9%
9%
9%
25,100
*15%
16%
15%
15%
100
53%
102
6%
*68
*105
55
103
7
70
107%
53%
*102
54%
103
6%
6%
70
*68
*105
107%
22%
22%
22%
22 Va
42
42
537/a
102
6%
70
*105
22 Va
22%
41%
42
42
2%
2%
34%
35 %
347'a
35 %
34%
30 Va
*29%
30%
*29%
30%
*29%
8
8
10
10
10
10
35%
35%
36
36
36
44 Va
43%
44 Va
44
443/a
6%
107%
22%
35'A
7
500
2%
30
*6%
72
41%
35
*44
370
5,100
2%
35 Va
8 Va
8
9%
8
9%
7%
7%
7%
2,900
7
2%
30%
Va
54
102
2%
35
8
Pacific
Packard
9%
2%
35
Pan
Western
Motor
American
4%
Paraffine
convertible
1
1,800
Parke
Consolidated Mines
Davis
7%
1,200
Parmelee
9%
9%
1,100
Patino Mines & Enterprises
36%
300
44
44%
43%
43%
4,400
Penney
2,200
Penn-Central
Transportation
Penick & Ford
%
6%
6%
6%
*13%
14%
137/a
13%
900
Penn
18%
18%
*18%
18%
800
Penn-Dixie
*33
34%
33
33
*33
34%
100
Penn
*110
111%
*110
111%
*110
111%
19%
19%
19%
19%
193/4
19%
19%
19%
19%
16%
16%
17
16%
17
16%
16%
16%
17
46
46
46
46
46%
45 3
4
45%
114%
114%
*54
115%
*44
114%
10
5,300
38,900
45%
400
114%
320
Coal
5
Corp
Corp
Co
Cement
5%-
preferred
& Light Co
Power
Pennsylvania RR
Pennsylvania Salt Mfg Co com—10
3 %s series A preferred
100
*53%
54%
53%
53%
200
Peoples Drug Stores Inc
88%
87%
87%
86
86%
900
11%
*9%
11%
*9%
11%
Peoples G L & Coke (Chic)——100
Peoria & Eastern Ry Co
100
*105
*10%
107
17
107
*105
26%
32%
*105
27%
32%
107
26 Va
*32%
*105
26 %
32%
107
10%
10%
10%
10%
Xl6%
16%
16%
16%
25%
32%
*105
10%
10%
10%
10%
47%
47%
47 Va
47%
47%
47%
47%
48
48
45
45%
45%
46'A
45%
46%
45%
46%
45%
52
>102
52
102%
For footnotes
52%
101%
see
52%
102
page 24.
52%
101%
54
101%
52%
*101%
53'A
102
*16
26%
16,100
32%
300
107
Pet Milk Co
4%%
10%
3.000
16%
300
48'%
2,000
*46 %
15,300
52%
52%
910
♦101%
102%
220
2nd
common
preferred
Petroleum Corp of
America
Pfelffer Brewing Co
Pfizer
(Chas)
& Co Inc
Phelps-Dodge Corp
Philadelphia Co 6% preferred
$6
5
33%c
Pepsi-Cola Co
preferred
19
28%
Oct
48
Apr
Aug 25
Nov 13
129% Jan
Feb
168
2
122%
Oct
160'A
8
164
Dec
181% July
Feb
13
5
Oct
11%
Feb
59% Oct
Apr
3% May 16
21% Jan 10
7
No par
100
5
No par
1
25
50
No par
Mar
Jun
20
18 %
NOV
34%
7% Feb 13
14% Feb 21
5%
Oct
12%
11%
Dec
27
Jan
May 13
18
July 18
13
Oct
20%
Apr
40'A Jan 13
102
Nov 12
5% Jan 13
55
Nov
37%
Jan
56%
Apr
109
4% Sep
4
9% Nov
6
13
58 % Jun
lo
105
Nov
20% Sep
5
12
Mar 24
9% Feb
7
79% Feb
IB
109
July
8
100
4%
66
105%
Deo
111
Feb
Apr
Dec
14%
Jan
Sep
90%
Apr
May
Oct
110
9
32% Jan
2
27%
Oct
39% July
Sep
8
2% May 17
63% Jan
4% Jan
4
62
Nov
82
6
3%
Sep
Jan
9
35%
Jan
Oct
48% May
35 % Aug
37
34% Mf».y 7
28% May 20
7% Sen 24
8% May 19
32% Sep
11
43
34% Feb 21
26
14% Feb 11
15% Mar 31
12
11%
Nov 13
May 19
Jun
5
May 19
24% Jan 16
23
May 13
105
Feb
5
8% May 17
13% Jun
9
37
May 14
36% Apr 14
52
Nov
3
x98% May 28
7%
Apr
Jan
Oct
22"%
Deo
24*%
Jan
7
48% Feb 11
40% Nov
67%
Jun
15% Jan
12%
Dec
45%
Jan
6%
Oct
16%
Feb
38
4
16% Oct 20
27
22
55
Apr 16
Jan 29
6
Jan 21
Feb
S
34% July 28
34
Jan
17% Sep
28% Feb
110
Jan
20%
Sep
Sep
37% Nov
25
30% Jan
37% Aug
115% July
27%
Jan
47%
Feb
61%
Deo
2
101% Feb 13
22
Jun
Apr
3
*9%
26%
39% Feb
6
*87%
32%
Jun
May 19
Jan
10%
26%
Jun
67%
26% Feb
51% Jan
118% Sep
55
32%
47%
Sep
117
88%
*16%
48
Oct
54%
Nov 13
May 13
*9%
16%
Dec
36%
11
May 20
May 17
50
*54
26%
24
18
107%
18%
16'A
38
114'A
47
81%
6
100
*86%
33
17
43% Jan
62% Jan
3
36
10%
16%
46% Oct
3
Apr
Sep 25
No par
10%
10
Jan
34% Jun
54
25%
91
148
29
55
26%
July
86% Mar
24% Feb
89%
*32%
25 %
13% May 19
1
*9%
54
Deo
NOV
7
89
54
12"%
49
10
Glass Sand Corp com__No par
Penn
Jan
1
17
Sep 24
38% May 27
6% July 1
7
Apr 15
No par
Airlines
Coke
&
No par
No par
(J C) Co
6%
*114%
2.50
*35%
18%
115
No par
Co
Parker Rust Proof Co
14%
*114%
&
9%
19%
1
1
6%
115%
Inc
Utah
30%
16%
100
& Tilford Inc
18%
115%
preferred
Park
14%
*45
common__No par
Park
6%
14%
34%
100
1
Refining
Pictures
Paramount
18%
110
2%
Transp—5
600
14%
*33
&
3,100
18 Va
110
&
Inc
Cos
18%
35%
Airways Corp
Petrol
Prod
14%
110
No par
36 Va
6
10
Corp
preferred
Panhandle
18%
*32
Oil
Car
*36
*9%
100
1
Panhandle East Pipe L com__No par
14%
*108%
No par
Pan-American
4%
16,700
No par
Consolidated Corp
Pacific Tin
17,400
16%
25
Corp
preferred-.
28,800
%
9
Lighting
5
*15%
*30
*34%
2,200
19%
Feb
Oct
24
40
37%
148
Oct
19
No par
40
37>/a
148
16
80
50
*55%
149
May 28
9% May 19
Jan 16
10
10
No par
56%
42
2 Va
5
common
40
*148
5
Co
1st
37%
95
5%
Pacific Coast
56%
95%
5%
20
40
149%
4 Va
50
70
Pacific Amer Fisheries Inc
37
94%
51
200
14
56%
*148%
4%
*68%
15
40%
36
49
70 Va
68' %
14
38
94%
4%
*
*14%
40
149%
49%
14%
37%
*55%
94%
4%
14 %
preferred non-cum
2nd preferred non-cum
149%
48
72
14%
*14
4
108% Jun
2
11% July 28
43
Jan
68
86% Nov
115
14
Oct
21%
Sep
28% Sep
105%
Sep
8% Deo
May
Apr
51% Jan
40%
Jan
43% Mar
109
14%
Mar
Apr
8
13
Apr
2
35%
Jan
80
May
46% Nov 12
59
Mar 20
109% Aug 5
29%
Sep
X48
May
18
Oct
62% Jan
51%
107
Deo
Dec
16%
Feb
76% Jail
117%
Jan
Volume 166
Number 4647
THE COMMERCIAL &
NEW
LOW
AND
HIGH
Saturday
Monday
Tuesday
Nov. 8
Nov. 10
SALE
Nov. 11
I per share
1 per share
23%
23%
23%
27%
*27'A
27%
♦114
114%
*113
103
*102'A
23%
103
14%
14%
31%
14%
32
90%
27
27 %
*95%
27%
23%
27
27%
preferred
100
114
Nov
6
3.8%
preferred
100
102
Nov
5
14%
33
14'/a
31%
90
90
27%
27%
27%
7,100
96%
30 Va
♦30
31
*30
31
90
*88%
90
*88%
90
58
13 Va
13%
*11%
12%
*13%
34%
34%
34%
34%
102%
102%
*101%
102'/a
34%
♦101%
58
*90
94
29%
29%
21%
*20%
29%
21%
*21
15%
*145
168
•145
168
167
167
167
9'A
39%
9'A
12%
9'A
12%
*81%
83
*80
82 %
♦80
82
*12%
*140
34'A
33%
33%
33%
11 Va
*10%
11 Va
•10%
25%
25%
35
*34%
35
16'A
16%
10%
10%
10%
10%
38
*37
11
DAY
25%
34%
ARMISTICE
16'A
33%
25
34%
X16
9%
9%
2,400
12 Va
12 »/a
2,100
84%
87
80
83
*77'A
12 %
13
12%
*140
155
32%
*140
400
33'/a
2,400
24%
10%
24 Va
1,800
35
*34
32'A
10%
24%
24%
32
11
*10%
35
35
100
700
15%
15%
15%
15 Va
800
10%
10%
10%
10'A
10%
3,300
36
37
*35 Va
36%
•37
38%
69%
69%
70
69
69%
24
68%
69 %
68 Vi
69
24%
23%
24
23%
24%
23%
24%
24%
24%
92
300
3,000
4,200
1st
101
Jan
16%
Dec
41
Jan
10
No par
No par
100
100
prior pfd—100
100
100
12
Jun
10
18
108
10
91
May 16
Sep 23
18 % Jan
2
17% May 19
Dec
30
42% Feb
1
30
9% Oct
23
7%
14% Oct
15
9%
7
May 19
8% May 19
114
Apr 22
59% May 17
67
Jan
13
10% May 19;
171
Publicker Industries
25
Oct
27%
Feb
16
Feb
13
llVa
Nov
43
Feb
17
38
Dec
63%
Feb
3
53
Oct
71%
Apr
50
No par
Inc
5
com
May 17
34
May 19
57
May 20
15% May 17
104%
630
$5
111
550
6%
preferred
100
118%
119
520
103% Apr *24
109% May 14
7%
preferred
preferred
100
117
May 28
100
127
Jan
54%
25%
24%
108
25 Va
♦106%
♦106 "2
29
29
*23%
108
29%
23%
•106%
29 Va
23%
108
29
29%
108
*106%
x28 %
23%
54%
54%
24%
25
*106%
1,900
108
28
28
8,300
1,800
preferred
Co
of
No par
Colorado—20
Corp of N J com__No par
preferred
No par
Pub Serv Elec & Gas pfd $5__No
par
Pullman Inc
No par
Pure Oil (The) common
No par
5%
Nov
Oct
110%
54 %
200
Sep
111%
54%
Nov
14%
106
25
200
20%
120
54%
23
27
111
54%
Jan
22
119
25'A
200
Jun
Jan
19 % Oct
9
122
54 Va
34%
Oct
11% May 17
1
112%
24%
12%
No par
com
106
%
7
29% Aug
X110
25
17% Feb
Feb
May
Oct
Xl05%
25
92
19
X120
8%
68% Dec
30
111
270
18
96%
35% Oct
122%
113
84% Sep
Nov
26% Oct
110'A
113
59
19% May 19
122
113
11
141
21
121%
*112%
93% Oct
Oct
22
110%
112%
103
31%
121
112%
1
Oct
110%
112%
Feb
Oct
Nov
106 aA
112%
Jan
22%
13
106'A
54
Jan
14
Oct
12%
106 %
112%
48%
Dec
28
106'A
54 '/a
Sep
28
33%
112%
Mar
38"% Oct
91
240
'
14 Va Jan
91
135
140
Feb
May
210
Sep 22
Apr 19
33%
135
Feb
May
202
Nov
33%
136
xl6Va
July
21%
135%
10
Feb
:
26 %
197
91
136%
26% Feb
106
200
21%
Xl35%
Nov
2
32% Apr 21
34
136 Va
17%
Jan
21%
136
Dec
15
Aug 22
33%
138
89%
30 Va Oct
157/a
203
21%
105
Feb
Sep
169
33%
105 %
7%
Dec
May
1
91'A
138
102
Oct~23
Mar 29
1G%
36
110
136
1
4%% preerred series A
Procter & Gamble
Cerv
Sep
5
Pressed Steel Car Co Inc
Pub
Sep
Oct
7
21%
21'A
29 Va
102 Va
Aug
33%
20%
19
Nov
91
21%
Feb
165
Pond Creek Pocahontas
Poor & Co class B
cum
38% July 24
165
10
Service
1
123
May 15
17% May 16
(The)
Feb
__
1
$4.75
Aug
July 25
63% July 14
30% Apr 28
102 % Oct 20
5
Public
106%
Jan
Plough Inc
Plymouth Oil Co
200
Dec
Nov
21%
3,400
9,400
96%
73%
33%
34
8
Feb
92
91%
Jun
49
50% Mar 15
21%
■
Jan
112
Mar
17
33%
•91
71
Dec
36
1
Pittsburgh & West Virginia
Pittsburgh Young & Ash pfd
Pittston Co
Sep
89
100
conv
6
33%
104%
Oct
No par
ser
Feb
Dec
25
common
preferred class B
preferred class A
5%
Sep
18
109
20%
C & St Louis
5%%
155
69%
*91%
700
Jan
102
84
5
Pittsburgh Plate Glass Co
Pittsburgh Screw & Bolt
Pittsburgh Steel Co com
80
Feb
47
Dec
93
Hosiery
preferred
1%
16
10%
38'/a
4,000
19%
Dec
89
31% July 17
RR
100
Chem Co com__No par
convertible preferred
No par
1%
Oct
July
May
25
10
95 % Nov
11%
34
122
20%
21
98 Va Mar 17
43% Jan
30% May
Dec
Dec
Jan
Pittsburgh Forgings Co
1
Pitts Ft Wayne & Chic Ry com_-100
80
38 Va
37%
85~
12%
25%
100
33% Oct
Sep
27%
116
109 Va Aug 12
16 % Oct 15
Highest
I per share
Apr 29
Pitts Consolidation Coal Co
*130
13
25 %
20%
165
Nov
29% Jan 21
120% Aug 12
247%
21
No par
preferred
$5
96
2
81
Pitts Coke &
100
2,600
168
*163%
9%
*77%
155
20%
♦145
12 Va
80
•10%
16'%
29%
9%
$4
Pitts C
93
11%
83
•145
3,700
29%
*130
•12%
155
50
15%
16
27% Jan
$ per share
100
Phillips Petroleum
Pillsbury Mills Inc
102 Va
15%
100
Jan
May 23
26% May 19
Lowest
No par
preferred
500
92%
39
cumulative
34%
165 Va
*77%
13
12,200
5
100
Phoenix
168
*81'A
Va
5%
89
common
series
preferred
Phillips Jones Corp com
_
21
100
preferred
3.60
10% May 19
3
Philip Mori is & Co Ltd
4%
1
common
preferred series A
100
29%
X38%
9%
12%
•135
83 %
155
39%
400
Reading Coal & Iron
Corn
15
94
21
165
39%
12'/a
13
16
*145
167
58'A
57%
......
90
29%
29%
*20%
*81 Va
30'A
90
57%
94%
9%
30
*88'A
58%
*90
39%
27 Va
&
33/4%
200
95 Va
*135
♦37
Philco
20
*93
94%
12%
*34%
8,200
90
*95
93
♦135
*33%
Phila
32 Vi
31%
*88
3,800
95%
93
39%
*140
14%
96%
16%
9'A
14%
*93
15%
168%
*12%
31%
90%
16
168
*12
14%
27%
15%
22
3
4.4%
*95
103
263/4 Jan
30
100
95%
♦90
6
103
96%
34%
No par
common
23%Jun
114
15%
29 %
$1 preference
No par
common
*112
27%
14
Co
$ per share
*102'A
*93
*102%
•
39%
1,900
Electric
Highest
t per share
Par
Phila
Year 1946
Lowest
103
*90
58%
Range Since January 1
114
*95
34 Va
103
♦165%
27 Va
5,200
95 Va
*13%
*145
27
Range for Previous
STOCK
103
93 %
29%
23%
YORK
EXCHANGE
Shares
96
57%
34%
*21
23%
NEW
114
*29%
14
*93
23%
*88 V*
*13%
15%
I per share
96
58
*34
tper share
27 Va
*93
90
57%
*102 Va
♦95
the Week
21 Va
95%
29%
29%
*88%
Sales for
Nov. 14
103
32
90 Va
RECORD
114
14%
33
*90
97%
*93
114
*102'A
14%
3 2'A
*90
23%
27%
114%
*102%
Friday
Nov. 13
$ per share
(2009)
STOCKS
Thursday
Nov. 12
23%
*27 %
STOCK
PRICES
Wednesday
t per share
YORK
FINANCIAL CHRONICLE
conv
preferred
Purity Bakeries Corp
100
No par
71'/a Nov
32% Jan
2
Nov 10
102 % Feb
13
30% May 19
20% Nov 14
38% Jan
2
25 Va Feb
21
91
2
110% Jun 24
51% May 19
21% May 19
106% Oct
6
25
May 19
111
Aug
5
120 % July 17
130
Aug 18
32
Dec
31
17%
May
May
July
105 Va
41
Oct
307/8
Jun
103
Sep
115%
Jan
108
Sep
126
Jan
146% July
114% Feb
9
8
112
61% Feb
3
36% Feb
Feb
67
Sep
114% Aug
119% Ji n
28% July 25
109 Va Jan 17
30
Nov
98%
Jun
July
1397/a May
Nov
117%
Feb
Sep
47%
150
69 Va
Jan
19% Feb
Jan
287/a May
115% Jun
107
Oct
30
Sep
38%
19%
Feb
25% Aug
4
Feb
Q
23%
•23%
23%
*23%
23%
*23'A
23%
100
Quaker State Oil Refining Corp__10
20
Mar 14
24
Oct
29
R
8%
♦70
99%
*34
28 5
8%
8%
9%
9
8%
70
70
69%
70
11
10%
11
11
11
99%
99%
98
98
*97
35
*34
99%
35 Va
a
*34
35
*34
36%
36%
36%
36 Va
36%
36'A
36%
17%
42
33
14%
14 %
105
*100
13%
121
25%
*24%
12'A
12%
70
♦68'A
14%
14%
18
33
105
13%
13 V4
121 %
25%
24 7
12 %
*68
14%
31%
31%
*95 Va
31'A
LOW
AND
HIGH
Monday
Nov. 10
Nov. 11
%
7%
4%
7%
4%
11
11
11 Va
11'A
27
27 "4
27 Va
20 Va
*101
111%
20 'A
102
7
19%
*101
7%
23%
23 %
*102 Va
104 %
*10%
*110%
I per share
U'A
*10%
7%
4'A
27%
110'/a
20%
♦101
21%
Reading Co
*14%
14%
13'A
121%
122
*24%
14%
300
■
121%
121
1,000
230
247/s
400
11%
11%
11%
600
32'A
*67%
31%
5,600
Hosiery
1,800
7
7%
23 %
23%
102
♦10%
preferred
1 per share
7%
4
7%
Friday
Sales for
Nov. 14
the Week
$ per share
7%
7%
3,300
4%
3,400
1,400
Va
4 Va
10%
10%
10 7
27
26 Va
27%
15,500
*109%
111%
NEW
*109%
111%
20%
20%
99%
6%
22%
100
7
23
100
a
20%
*99
6%
22%
101
11
20%
3,200
101 Va
$1
6%
7
24
19,100
%
101
3,600
5%%
400
40%
39%
40
40
40 Va
7,400
5%%
96
Nov
YORK
450
1,600
1,800
*62%
63
*20
20%
45 3/8
6%
63
45%
*20'A
45%
20 Va
10 Va
10%
10%
10 Va
*26
26%
6%
6%
6%
500
19%
19%
19%
1,500
500
8
73/4
30
10%
92 Va
63%
63
63 %
900
Ruberoid
19%
19%
19%
19%
19%
300
92%
453A
8
10%
92%
21%
21%
112%
112%
1123/4
9
9
9%
45 Va
22
451/2
45%
91
21%
*112
9
91
7%
45%
*90%
92
130
21%
21%
21%
3,000
111%
112%
210
9%
9%
9%
33%
33%
35%
2,200
21,100
46
*44%
46
400
97
*97
97 %
97%
*96%
97%
*96
963/4
*93
96%
*14 %
14%
14%
14%
14
14%
14
14%
14%
14%
*92 %
94
*92 Ys
94
93
93
*15
98%
94
*93
12 Va
103 Va
*102
26%
26%
27
35 Va
35%
24
*12
*102
*93
97»/4
97%
*96
97%
36
3,100
50
Paper Co common
1st pfd 4.40% series A
Safeway Stores common
5%
preferred
Apr
33 % Oct
15
20
Oct
34 7%
July
Year 1946
Highest
$ per share
$ per share
4% May 19
4% Nov 12
Lowest
$ per share
9% Jan
7
8% Feb
15% Feb
22% May 19
110
Sep 30
14
May 19
30"% Feb
21
113% May 28
24% Feb 16
1
10
100
1
No par
No par
90
May
9
May
36% May
45
May
110
Highest
$ per share
247/a
Apr
Dec
17%
Feb
Oct
21%
24
Va
Oct
407/a
107 Va
Oct
118
Sep
Sep
31% May
110% Jan
4
107/a Nov
Nov
13%
3
13
7%
7
18
Sep
97
9 %
Oct
Feb
Feb
Apr
18Va May
Jan
45'/a
136
Jan
19
16% Feb
12%
Nov
28%
Feb
20
44% Feb
36%
Sep
46%
Jun
29
50
Feb
43
Feb
50% July
97% Nov
10
104
Feb
100
Nov
19
14
25% Feb
19
Dec
38
13% Jan 16
23% May 16
17% Aug
12%
Oct
20% May
25
Oct
44
Oct
13%
Feb
30%
Jun
Apr
31
Feb
108%
5% Sep
9
10 % Mar 31
2
18% Nov
7
20
Oct
19% Sep
4
24Va Oct
21
17
Oct
42% May 19
187/a May 19
68% Oct
20
40V2
Sep
65
26% Feb
21
21%
Oct
34%
45
Sep
64
Feb
Jun
Apr
7
No par
5
100
5
6%
May
Jan
%
37%
36%
37%
16,200
123%
121%
12%
12%
12%
7%
7%
7¥4
73/»
1,800
1,400
2,000
8
12 Va
8
*
12 Va
121/a
103%
*1011%
104
*101%
27 3/4
29 Va
28%
29
28%
28%
35%
35%
35%
35%
35%
O
121/4
xll%
11%
104
34% May
Jan
Paper Co common
No par
$3.40 cum preferred
No par
Scovill Mfg Co 3.65% cum pfd__100
Scranton Elec Co (The) common—5
41% Mar 14
49 V8 Jan
7
42
Oct
Aug
July
2
100
Scott
Seeger Refrigerator Co
Seiberling Rubber Co
Servel Inc
common
Sharon
Shamrock Oil & Gas
24
23
23
23
23
X23 %
23%
79
•75
79
*75
79
*75
79
200
16 %
16%
$3.50
16%"
*16
16%
900
Shattuck
Steel
Corp
Sharpe & Dohme
14
90
Nov
Jun
114 Va Mar
1
103% Sep
3
102 % July
12
18 Va Jan
26
98% Mar
9
116
61
Mar
Dec
110%
Jun
9534
Dec
102 %
Nov
20
3
—
^
11 % May 19
39% May 17
24% Feb
13
17%
Sep
37%
Feb
13
42
Sep
773A
Feb
23
Mar 8
5% May 17
35% Oct
23
23
Oct
39 %
Apr
10 Va Feb
6
Nov
17%
Feb
No par
30 Va May 19
40 3A July 14
Apr
No par
5
1
Nov
49%
10
16 Va Feb
8
10%
Nov
30
16 Vt Feb
11
13%
Nov
23% May
22% July
12 3/8
Oct
10% May 19
No par
common
No par
No par
No par
6'A
Jan
Oct
101% Nov
7
20% Apr 15
1
55
7% Oct
11
1
pref series A
(Frank G)
conv
96% May
96% Jan
17
No par
$4.50 preferred
18,800
2,700
2,600
xll0% Jun
5
Sears Roebuck & Co
79
16
Nov
18
16%
16%
22
100
79%
Va
98 Va July 24
26% July 17
Nov
24
16
_
53
Seagrave Corp
12 Va
—
2
Seaboard Oil Co of Del
6
22
55 3A Jan
1,000
*6
Dec
Oct
23% May 17
34
6%
Dec
33
12
1.75
3.35% cumulative preferred
100
Seaboard Air Line com v t c__No
par
5% preferred series A
100
*6
123%
Dec
%
Nov
1,300
3 6 7/8
Dec
30
Sep
1,400
Va
30
11%
8
93/4
15%
6
90% Oct
20 Va May 19
May
2
Aug
110%
46%
37%
30
2
12 y» Jan
4
15
*331%
Jun
9
65 Va Jan
33
8
46%
33%
9
11 Va Feb
14%
*33%
Jun
5% May 19
May 19
7 % May 19
46
33%
40
18
5
100
Savage Arms Corp
Schenley Distillers Corp
*16Va
105%
Sep
10
St Regis
*79
24.
Oct
24%
5
Joseph Lead
35%
23%
For footnotes see page
100
105 %
14%
35%
28
80
96%
37%
12 Va
103%
(The)
May
2
1
Royal Typewriter
Co
27% May
Jan
28
44%
1
8
101
Jan
15
*6
12%
8
Dec
124
44%
33%
6%
12%
Nov
27
15
1
37%
12
102
14'/a
74
7
44%
Va
34
8
94
971/4
10,"700
1121%
*96%
8
13
18
Feb
Aug 11
2
10%
*44%
12 7
24 Va Jan
12
8
84 % Feb
17
8
10
7%
*97
8
Apr
Jan
10%
45%
12%
45 %
Apr
10
45%
3.7%
Dec
11% Feb
St L-San F Ry Co com v t c—No par
Preferred series A 5%
100
46
*6
26%
39
St
46
6%
13
17% Feb
9
7,100
32%
37%
Jan
15
1,800
46 'A
*6
125 %
13
5,600
33 Va
37%
Sep
6% Sep
9
32%
15
76%
19% Jun
32
32%
44
Oct
16
99% Nov
29
32 Va
43%
16%
No par
30
32 %
34
100
29%
7%
30%
213/4
15 %
series
Ruppert (Jacob)
1123/4
34
No par
preferred—100
Ritter Company
Roan Antelope Copper Mines
Ronson Art Metal Wks Inc
63%
9%
45
112%
Dec
2.50
com
Corp
63
21%
33%
10
100
3.60%
Oil
23%
113%
*14%
50c
com
Manufacturing Co
Richfield
23%
*9%
*43 Va
Rheem
23%
21%
97
1
lo
*23%
*112%
*45
15%
6%
45%
30%
31%
22
15 3/4
19%
23%
Nov
Sep
12%
S
>
7%
30%
9
21%
15%
6%
Xl9%
46
7%
30 %
*92
22%
27
19%
62
*7%
92 %
15%
6%
63
30 %
♦92
22
*26
19%
23%
15
99
Lowest
prior pfd series A
Preferred
19
1
4
108% Mar
Range Since January 1
preferred
Common
100
23%
18% Feb
Apr
Range for Previous
STOCK
Reynolds Spring
Reynolds (R J) Tob class B„
50
19
14
25
convertible
97
*6%
Oct
Sep 24
Rexall Drug Inc
Reynolds Metals Co
50
23%
Apr
9% May 17
96
14
preferred
*9*5
7
31
Revere Copper & Brass com__No
par
220
10 %
conv
50
18%
Jan
50c
Republic Steel Corp
97
24
46 %
l
convertible
50
18%
Oct
100
Republic Aviation Corp
Republic Pictures common
*95
*23 Va
36%
Par
10
10%
15%
6
EXCHANGE
100
26%
4 Va
11
27
Nov
series
Shares
11
22%
33
common
Reo Motors Inc
97
15%
5o
5
preferred
*95%
22%
Jun
common
pfd 3 % %
97'A
*26
Feb
53%
29 Va Feb
97'A
16%
Sep
Sep
33%
40
20% May 21
11% Sep
4
68% Oct 11
97%
22 Va
39
48 % July 25
39
July 14
No par
*97%
27
Nov
16%
3
No par
50
15%
32'/a
22% July 25
Mar
Reliance Mfg Co common
*49%
22%
14
May
41
135% Oct
40
*26
33
May 17
50
16%
Sep
85
39%
22%
17%
100
49%
27
15
16% May 17
(Robt) & Co 1st pfd
Reliable Stores Corp
39%
16 V8
30% Oct
38 Va Feb
Reis
49 %
22%
Feb
11
49 Va
*26%
*6%
Feb
49%
STOCKS
Thursday
11%
•
112'/a
16% Feb
$4.50
Apr
Dec
Dec
50
100
Remington-Rand
Jan
32
May 16
39 %
40
100%
19
10
35% Jun
9
Nov
Feb
41
11
200
32
105% Mar 1
50c
Conv
14%
97
12
Reeves Bros Inc
69
14%
*95
Silk
Nov
9
50
preferred
Preferred
13%
24%
69
Real
105
13%
25%
11%,
*67%
14%
*100
98
28% May 19
17% May 19
1
common
2nd
105
7% May 19
25
1st
13
100
No par
common
non-cum
*100
pfd
preferred
non-cum
99%
102
102
11%
$2
4%
Nov. 13
11 Va
110%
7 Va
Rayonier Inc
PRICES
11
23%
Ralston Purina Co 3%%
1
Raybestos Manhattan
4%
31%
27
102
28 Va
100
31 Va
7%
102
96 Va Mar
Oct
300
14%
4 Va
21
Dec
15'/a
43
96
$ per share
DAY
76%
2
35
14%
ARMISTICE
4
15% Jan
*33
96
Nov. 12
111%
7
23%
102
70
Wednesday
27 Va
*110 %
12%
80% Feb
*40
96
7%
4'A
25
800
7
22
10% May 21
33%
14%
SALE
Tuesday
Nov. 8
7%
13%
17%
10% Feb
69% Oct
Radio-Keith-Orpheum
43
31 Va
31'A
• per share
105
122
17'A
13,500
1,800
Radio Corp of America com—No par
$3.50 conv 1st preferred
No par
33%
96
97
Saturday
$ per share
14%
18
17'A
*40
14V4
'
97%
b
*11%
~
43%
33
14%
•100
121
70
18
*40%
14%
*13%
121
14%
40
35
29%
42
800
16,900
100
35
33
43,400
99
29
34 Va
*96
*97
35
45%
12%
99
29%
*17%
♦68
11
29%
*42
*24%
70%
10%
30%
*33
*13
9%
70 Va
11%
29%
18
121
9
70
30 'A
29
18
*100
*69%
36'A
29
36 %
*14%
9'A
11
♦36
4
9%
70 %
10%
24%
18
75
16
May 19
May 19
Jun
3
May 10
16% Feb
3
35%
Jan
7
29 Va Nov
12
17Va
40% Oct
20
110
105
Dec
Oct
24%
Jan
113% May
32V2 Apr
23%
Oct
40%
33% Jan
6
23
Jan
39% May
Feb
19
77
Jan
91 Va
21% Feb
18
17%
Sep
82
Feb
May
26% Apr
21
•)/:
22
COMMERCIAL
THE
(2010)
NEW
YORK
Monday, November 17, 1947
CHRONICLE
& FINANCIAL
RECORD
STOCK
Range for Previous
STOCKS
Saturday
Nov. 8
Tuesday
Nov. 10
*13
$ per
share
* per share
*13%
14
share
14 »/4
*12%
13%
131/4
30
30%
6,600
Shell
7%
2,500
Sheraton
30 %
30(4
30(4
30 Va
30%
30
30%
*7%
7%
7%
7%
7%
7%
7
71/4
4 (a
*45
36(4
36 %
46
36%
*441/4
45
100
45
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
11,100
96
95
96
95
95
94V4
95
941/4
95%
1,700
20%
2OV4
2OV4
19%
20
*20
20%
20%
55%
55%
*55
56
36%
36%
37
12
Coalition Mines
No par
Co
Simonds Saw & Steel
Sinclair Oil Corp
39
14
No par
No par
15
20
700
Sloss-Sheffield Steel & Iron
*55%
57
200
65
20
Oil, Co
Skelly
*19%
15
37
36%
97
96%
96%
96
961/4
*95(4
96V2 "
951/4
95(4
320
*96%
27%
27%
27
27(4
*26%
27%
26%
26%
500
Smith & Corona Typewriter__No par
*27%
28
Xl6%
16%
16%
16%
16%
16%
45,800
3%
3%
3%
3%
3%
3%
3%
"2,000
5%
61/4
6%
6(4
6V4
61/8
6 ('2
3,600
lfi%
3%
3%
6%
6%
6%
17
16%
17
3%
55%
55%
56%
*55%
37V»
37%
36%
37%
2,100
37
Corp
(AO)
Socony Vacuum Oil Co Inc
South Ampr Gold & Platinum
.4
South Carolina E & G Co com__7.50
5%
10%
19'/4
19 Vt
19
19%
19
18%
19
1,700
41
41(4
40%
411/4
41
41
41
42
3,000
*41
41
40%
40%
40%
41V4
30
30%
"41
xl8%
48
*45
47
23%
2,200
Southern
9,000
Southern
30Va
23%
23%
24
23%
24
22%
23%
43%
43%
44
43%
44Va
43
43%
35%
35%
35%
36
X34%
25%
34
34'/4
33%
34%
3,200
64
x62
62
60
61
58%
59 V2
1,800
30
30%
64
62
62
17%
18Va
*5%
5%
51/4
51/4
*8
9%
*8%
DAY
17%
17%
72
*17(4
17%
17%
17%
5%
*5%
5(4
*5»/4
*8 «/4
9(4
*8(4
600
5 Va
9
9%
*81/4
*73%
76
*731/2
75
75
75
75
75%
*74
40
*68
5%
ARMISTICE
91/4
17%
17%
43
72
"68
72
*68
68
68
70
*69
*23%
76
28%
28%
*28%
281/4
27%
27%
27%
28(4
700
28%
21Va
22
21%
221/4
21
2IV2
211/4
21%
4,100
10%
10%
10'A
10%
101/4
10%
10
10(4
10
IOV4
6,200
76
76
76
75(4
27
93%
29V4
99
100
26%
X25V4
25%
93
*91
93
*91
*101
103 %
*113
114
25%
991/2
25V4
25%
12,200
92%
24%
25%
24%
251/2
11,200
1001/2
1,500
111
25%
93
111
X60%
6IV4
60%
40
40%
40
40'4
40%
401/2
76%
76%
77%
771/4
77%
27%
27%
27%
28
27%
28
*99
103
45%
*42%
44%
*421/2
44%
*42
*15%
161/4
16%
16V»
16
400
7,200
of
103
2
No par
Standard Oil of Indiana
25
Standard
50% Mar 11
25
Standard Oil
16,700
13%
14
13%
13%
45
45
*44%
45
*42
43%
*42
43%
*15%
16
*15%
15%
38%
38%
38%
39
39%
39 %
*95(4
96%
95%
95%
*94%
961/4
*32
4%
300
38%
1,700
961/8
100
31 "2
of New Jersey
5
31%
32(4
31%
32
31%
32
*311/2
2,400
15V4
15%
15%
15Va
15Va
14%
15
14%
15
1,900
Stewart-Warner Corp
5
20Va
20
20 Va
20
20
191/2
19%
1,000
*20%
20%
•20%
20%
*20%
20%
*20%
20%
Stokley-Van Camp Inc common...1
5% prior preferred
20
14%
*13%
141/4
14%
14%
14% May 19
19(4 Jun
3
10(4 May 19
16
May 19
*14%
20
*122'/a
124
10%
*21 %
571/4
19%
11%
*105
56%
121 ('2
11%
122 Va
IOV4
10%
10
101/4
37
38%
37
37%
36%
36%
211/4
21%
21%
22
126 (2
*127
128
18%
18
18
*42
42%
*42
43
*19Va
9%
9%
9%
20 %
18
*42Va
19%
*19(4
201/4
33%
33%
33%
34%
33%
23%
23%
231/4
23V4
X22%
22
126%
18
43
19%
9%
22
125%
*17(4
*42
19
11%
*105
56%
57
1221/2
9%
20
20
1061/2
10'A
*18
130
11%
122%
9%
*127
20%
1061/2
10%
123
*122(4
39i/4
9%
*55%
56
56
10%
*38%
11%
♦105
1061/2
*105
56
*55
xl9%
11%
11%
11%
106%
20%
2OV4
201/4
11%
*105
13%
14%
14Va
H1/2
91/2
22
125%
18
v
1121%
10
10 Vt
*4%
181/4
*17%
10(4
58%
100
Sutherland
Co
Sweets Co of America
(Thet__4.i6%
Co
34%
33%
34
33%
33%
2,400
22%
22%
22 %
22%
3,100
2,300
Sylvania Elcc Prod Inc com_.No
93%
170
6 Va
2,400
$4
9 per share
*10(4
*10(4
Friday
the Week
9 per share
*4%
17(2
17 %
57%
57%
14,100
57%
10%
5
41%
41%
41%
43
28%
28%
28%
29 (4
28%
28%
*14%
15%
*14%
15%
*14%
15%
*10%
22%
10(4
10 1/2
10%
*10%
10 (4
50(4
501/4
50%
50 (4
*50(4
51
11%
10%
10%
10(4
11%
22%
96%
4%
4Va
22(4
22%
22%
22 sa
Texas
&
10%
22%
500
30
15,700
1,400
31
10%
10 %
100
49%
49%
49%
49%
49V2
900
96%
*96%
97%
96%
96%
*96%
97%
60
1,100
4 Va
4 Va
*26
11
4(4
28
22%
22%
22%
23
22%
23Va
98%
•
22%
Pacific Land
...
98%
98 Va
98(4
97%
*10%
*4
*26%
22%
4%
28
23(4
4(4
41/8
*26(4
271/4
22%
23%
Pacific
*16 3 4
17V4
500
6%
6%
6%
6%
6%
6%
6%
6%
6%
1,700
107%
107 Va
107V4
107(4
1071/4
106%
106%
106%
106%
120
30
29%
29%
29%
291/z
*291/2
25 Vt
25(4
25%
25%
25%
25%
25%
25(4
25%
9,000
35%
35%
35%
35%
1,800
37%
35 %
36(4
*98
98%
98(4
98(4
*8%
9
*8%
*'36%
8%
35%
98%
*98
8%
8
36
15%
36%
36
36
15(4
37 Vt
*15(4
8%
35%
*98
15%
15%
15%
341/4
*15(4
30
93%
8
35
15%
29%
*98
*8(4
*33
15%
29 34
500
98%
100
8%
500
34
15%
230
1,100
110
Sep
Apr
124% Aug
117
7%
Oct
May
78%
14
Jun
May
42%
Sep
56% Aug
10%
Oct
24
17%
Oct
102
Oct
Apr
35% May
160
May
7
19 Va
Nov
23
5
38
Jan
55%
Apr
31
13%
Sep
21
Aug
28
2
31
Sep
41%
Feb
25%
Nov
36%
Jan
19 %
Nov
41
101
7%
Nov
Nov
Dec
Feb
109 % Aug
16%
Jan
Year 1946
Lowest
$ per share
9 per share
14
May 16
Feb
17
17% July 28
58
July 24
Highest
$ per share
19% May
9% Mar
60%
Oct
32%
14 Va
Oct
26% May
35
Sep
65
Sep
Sep
18
15
Sep
30% May
28
5
Jan 13
58% Feb
18
13
Sep
8
21% Feb
18
13%
43
Nov
5
59% Feb
13
47
12
May 19
9% May 19
17% Feb
13
July
Sep
21
44% Oct
41
18
46%
29 % Nov
25
No par
100
com_.No par
No par
Tide Water Associated Oil com.—lo
3.500
16%
Sep
13
1
preferred
13
16%
Nov
61%
16
—50
com
preferred
Thompson-Starrett Co
13
16%
)
4%
13(4
16%
24% May
12%
Jun
Jun
May
Sep
61% July
177/a
Feb
10
38
Detroit.
16
Apr
103%
15% Jan
No par
preferred
(J R)
Products
Roller
15%
Feb
23
Thompson
Thompson
$3.75
15%
38% July
Feb
Timken
*15 Va
Oct
18% Nov
Timken
*36 %
18 Va
39% May
Dec
320
2,000
23%
Jun
1,700
14%
Oct
70
2,700
14%
25 Vt
14%
20%
17%
14%
Jan
Oct
52
14%
Oct
Dec
21
Oct
17%
14%
*29%
13%
20%
Sep
51(2
13%
26% May
May
10
18(4
14%
109% Aug
48
51%
13 Va
Oct
5
51 Vt
15(4
*106%
102 %
26% Aug
15
98V4
13%
63
13
17%
14%
Jan
14% Feb
I8V4
13(4
*6%
41(4
60 % Feb
51%
14%
Jun
137/a Feb
98(4
131/4
53%
16%
Sep
Oct
26
18
14%
Jun
37
21% Jan
100
common
conv
50%
13%
56
6% Aug 21
16% Jan
4
Co
div
$2(4
18%
12%
Feb
Nov
Third Avenue Transit Corp—No par
Thomas Steel Co (The)
1
1
Thermoid
50(2
99
Jan
37%
28% Feb 13
104(4 Mar 11
10(4 Feb
7
46% May 27
.No par
18 Va
99
Co
The Fair
50
98%
July
30
25
1
$2.40 conv preferred
18%
50
78% May
108%
Oct
10
Trust
Ry
50%
*17%
No par
Thatcher Glass Mfg Co common...5
$3.50 cum
16,200
Dec
49% May
11
Highest
10
1
Texas
49%
*10%
11
29
*27
29
10 Vt
10(4
Producing
Texas
40
Nov
20% Mar
23
$ per share
9
5,100
2,500
Feb
61%
Oct
Lowest
Corp
12,000
49%
10 %
*49
97%
4%
*26 %
12 Va
22%
*
11
49%
*96%
15(4
10 Va
22%
*48%
*14%
51%
11%
*10%
15%
10 Va
51
10 %
13%
*49%
10%
*49%
37
59% Aug
13
42%
48
Apr
Range Since January 1
Gulf Sulphur
Pacific Coal & Oil
46%
149%
10% Jan
28%
*47
Oct
Feb
Jan
42(4
*13('4
Apr
78
42%
Dec
Jun
42 Va
*45
135%
68% Aug
*42%
13%
Oct
13
42%
*14%
70
Feb
42%
48%
60% May
Range for Previous
STOCK
(James)
Gulf
47
Oct
52
Texas
13(4
99%
20%
687/a July 28
Texas
*47
55
Dec
26
2,400
*45
Nov
53% Sep
2,100
13%
May
34%
25
16
48V2
Mar
(The)
Texas Co
57(4
46%
May
116
25%
15%
*47
55
Oct
Sep
57
13%
Feb
Dec
15%
48
Apr
Sep
98 %
2
6
14
27(4 Jan
24%
15%
33%
107%
Jan
57 (4
13 %
Apr
6%
15%
48
Apr
109 %
15
7
37% Jan
Jan
39%
Sep
2
5
Jan
40%
Nov
14%
56%
13%
Dec
14 %
84%
11%
15%
13%
18%
9
57
49
July
15
15%
:
May
104
100(4
2
91% Oct 23
5% May 19
1
27
Sep
29
11
7
14
2
Jl..
Jan
Oct
Nov
7% Jan
5674
*45
Jan
13 Ye
5%
11%
92
8
7
13
14
15
7
4
5
2
20 Va Aug
16
46%
Apr
3% May 16
57%
*45
30%
13% May 20
57 Va
46%
Nor
4
5
Tennessee
4%
17 »/a
57%
YORK
Telautograph
700
4%
17%
15%
13%
16%
Feb
5
Talcott Inc
400
10%
4%
18 Vt
58 Va
*48
Feb
Feb
Feb
Jan
Dec
Corp
200
10%
4%
16
*45
96
9
Nopar
Corp
Par
57
28
Oct
30% Jun
20% May 19
EXCHANGE
58 (a
28 (4
73
21(4 Oct
2
par
Shares
18(4
58%
NEW
Sales for
Nov. 14
• per share
10%
Jun
Aug 26
STOCKS
Thursday
Nov. 13
Nov. 12
90%
21% Sep
preferred—
Gould
Jun
Oct
24% Feb
47
Mar
May 19
14(4 Jan
25
Symington
Jun
65
64%
132
May 19
36
Swift International Ltd
22
56%
*28 Va
13
10
600
23
Wednesday
58
__5o
19 Va
6
70
Sep
24% Oct
8% May 19
42
&
33% May
Oct
33
45% Jan
13% Mar
32% May 27
17% May 20
101% Jan 13
Corp
Paper
11
10c
19
*15%
58
12.50
10
Nopar
25
.
(The)
of California
HIGH SALE PRICES
ARMISTICE
DAY
5
18(4
17%
Inc
Co
Jan
7% Jan
42
6%
5
118
100
cumi
Swiit
6 Va
1 per share
May 26
19
21%
Nov. 11
July 28
51
42%
*92%
Tuesday
105
1
Superior Steel
Jan
38%
2
8
24% Oct
8
21% Jan
3
17
Feb
3
25% Feb 11
15% Feb
3
109% Apr 17
75% Mar 24
125
Oct 21
12% Sep 18
10 Va May 19
1
Corp
Superior Oil
37%
22%
8
19(4 Feb
No par
(4(4%
pfd
Oil
500
6V8
11
Sunray
400
21%
*4%
16,200
18%
92%
*10%
'
126%
6(4
share
101/4
A
*18
21(4
1 per
122%
Class
13
Nopar
Co common
125
921/4
> per share
120
31(4 Nov
15
1
common
Superheater Co
21%
Nov. 10
Sun Oil
Sunshine Mining
93V4
Nov. 8
600
Sunshine Biscuits
21%
LOW AND
.
2,800
92%
Monday
(The)
Corp
1,400
21%
Saturday
Chemical
2,500
93%
61/4
Sun
9%
21 Va
6Va
Studebaker Corp
$4.50 series A preferred
56%
9%
93%
6V4
3,200
21V2
37%
21%
6(4
10,500
11%
—
No par
21
93'/2
21
*92(4
20(4
106 Va
Nov
Nov
4
36% Oct
13(4 May 17
20 Va
Stone & Webster
83
49
Jan
104(4 Mar
x35% May 13
95% Nov 12
5
20
1,500
Dec
39% July
18
321/4
20%
62%
Jun
Sep
May 20
15 Va
*20%
9
30
12
Inc
8% May
Dec
59%
1
100
Co
Sep
7%
Sep
May 17
3
20
&
May,
18%
Dec
37
41(4 Jun
Stevens
P)
July
48
48%
17VaFfcD
49
Feb
47
Oct
preferred
108
Oct
4%
9
Dec
Sep
13%
20%
105
10% May 19
50
Sterling Drug Inc common
(J
99
29%
31% Auer 19
3
100(4 Nov
common...1
preferred
Sterchi Bros Stores Inc
3(4%
Mar 17
63
23%.Jan
100
L S
Jun
22%
Nopar
Spring
(The)
37(4 May 19
common—.10
series A
convertible
Starrett Co
*94%
X38%
39%
96V4
100
35% May
3674 Jan
2
114% Feb 18
125
Feb 19
63
July 24
44(4 July 21
80
July 24
May 17
16,400
45%
May 19
Nov
8
Nov 10
Nov 12
Nov
6
89
11,000
Steel
Nov
July
Oct
Feb
Feb
Feb
Jan
112(4 Feb 11
37(4 Jan
6
102
Aug 14
..-Nopar
27%
Standard
Nov 10
Sep
8
May 19
May 19
May 20
May 17
75
3,300
35%
Jan
20%
7%
14(4
9354
31(4
24%
17(4
90(4
18%
45(4
81
401/4
13%
Jan
Feb
Jun
May
81
10
No par
27%
preferred
91
64(4 Apr
17(4 May 16
74%
3%%
Nov
93-
--—Nopar
40
102
Nov
75
27%
*99
3% May 20
5% Oct
6
2374
16%
8
71(4
13%
27
99
x25%
75(4
103
1
15
May 17
4(4 May 19
6
May 19
40%
*100
Oct
68
com_—Nopar
Ohio
Feb
42
50(4 Jan
77.
Feb
California..No par
of
27 V2
47V4Peo
27%
Oil
65%
Sep
28 (4 Feb
1
1
$6 prior preferred
$7 prior preferred
Oil
20%
Jan
14
May 19
57% May 19
Standard G & E Co $4 pref—No par
Standard
20
19
14
28
No par
Inc
Oct
54
23
22
July 29
34(4 Apr 19
Sons
preferred
15
Oct 22
62% Oct 20
39V2 Oct 28
102% Jun 30
35 Va Jan
6
17
July 11
5(4 Feb
8
8% Jan
9
19
Mar 15
20
7
x74%
*95
38%
Brands
61
Feb 21
Jun
7
Square D Cc
5
Squibb (E R) & Sons Common
1
$4 preferred
No par
Standard
56%
Jan
8
7
Jan
34(4 Jan
^No par
1
Spiegel Inc common—
Conv $4.50 preferred
$3.50 cum
60%
16
•44%
*44%
60
44%
13%
14
45%
*44%
99%
*91Vi
100%
100
2,500
.
520
111
76%
14
2,900
1011/4
40
13%
29%
60Va
62
13%
17(4
29%
110%
61%
*100
17V4
30
101
O CO vW *
61 %
103
17%
29(4
112%
61%
*99
17%
100%
112%
1131/4
113'/4
•
*91(4
25%
•101
103
*101
100 V2
24%
26
24%
26
25%
17%
28%
74%
75Va
17Va
99
1
100%
26%
75Va
17%
27%
26
*99
*91
75%
171/4
27%
75Va
17%
150
75
Spencer Kellogg &
Sperry Corp (The)
Nov
38%
6% Feb
41
51
41(4 Nov
1
Wifhington
Sparks
33
1674 July 28
101 '/a Nov
3
14
19
22
10
& Bros Inc
(A G)
14%
100
ctfs
tr
17% July
Oct
100
Spear & Co common
$5.50
preferred
21%
27%
Spalding
700
21%
27
Mobile & Ohio'stock
Dec
5%
30
No car
preferred
non-cum
8
40(4 Nov 13
common__No par
310
*28'/a
*16%
5%
Railway
share
43%
22% Jan
7
56
Jan 18
7.50
Natural Gas Co
ver
Feb
27%
25
Southern
t
10
25
Southern Pacific'Co—
30(4
23%
43%
*30%
.Feb
14% May 28
37(4 May 19
5
8% preferred (new)
California Edison
300
1,900
43%
30
41%
301/8
*40%
30 Va
Highest
$ per share
34
July 17
9% Feb 17
19
19
46(4 Oct 30
South Porto Rico Sugar com..No par
41%
40%
"
50
41
; 19%
*45
48
♦45
22
13% Mar 14
15
preferred
Southeastern Greyhound Lines
47(4
*45
48
*45
May
May
Apr
May
Apr
May
May
38
May
29% May
95(4 Nov
24 % July
10
Smith (A) &Sons Carpet Co com.. 20
3Vz% cumulative preferred-—100
Smith
Year 1946
Lowest
$ per share
Jun 20
24 %
6%
4
27%
15
1
5
Oil
Silver King
Simmons
96
1
Co
Pen
Corp of America
1,700
36%
A)
Union
4,500
4
4
36%
36%
45
46
7%
4Va
36(4
37
*45
46
*45
4
4%
4%
36%
4
4
4
(W
Sheaffer
131/4
30%
*36 Va
100
13%
*12%
$ per share
Pur
Shares
t per share
$per share
EXCHANGE
the Week
Nov. 14
Nov. 13
I per
share
t per
Nov. 13
Range Since January 1
Lowest
Highest
STOCK
YORK
NEW^
Sales for
Friday
Thursday
Wednesday
Nov. It
Monday
preferred
Nopar
'
49% Sep
Sep
May
96% Oct
3% May
20
May
18
15
19
22
17
19
May 19
97(4 Nov
12
16% Feb
21
11
59% Jan
30
24% Oct
106
Mar 10
7% Feb
3
39% Feu
1
25% Oct 20
108 % Feb
24
9%
16
14%
38 %
102
5%
32
Oct
Oct
21% May
69% Jun
112%
Jun
Oct
13%
Jan
Oct
68.
Jan
Oct
17% Nov
99% Nov
24% Apr
112
5
15% May 19
21% Feb
4
16% Oct
26%
Jul
Nopar
40(4 May 13
53% Oct
20
38%
Oct
66 %
Jan\
tTransamerica Corp
2
10(4 May 17
15% Jan
3
13 Va
Oct
21% May)
Transcont'l & Western Air Inc
5
13(4 May 17
22% Jan
6
18%
Dec
71
19% Feb
3
14
Dec
33%
7% Feb
7
Oct
12%
112% Feb
20
15% May 19
30% Oct
24
16
Sep
22%
25
38% Jan
6
37%
Oct
63% Maj
48
Jan
6
46% Nov
30
104
Jun
27
102%
Dec
7(4 May 13
16
Feb
11
11%
Oct
14
51% Feb
18
43%
Dec
0% M!ay 19
17% Oct
14
11 Va
Nov
Jan
80% May
23% Apr
Axle
Bearing
Transue & Williams Steel
Tri-Continental.
$6
Corp
No.par
common
preferred
Truax-Traer
1
No par
Corp
No par
20th Century Fox Film com..No.par
$1.50
preferred
$4.50
prior preferred
Twin
No par
..No par
City Rap Transit com_.No par
5%
Twin
conv
prior preferred
Coach
Co
—50
1
14
May 13
5% May 19
101
Jun
Sep
2
8
34% Aug 21
95(4 Oct
33
Nov
.
5%
105
Sep
Jan
Feb/
Jar
Ma)i
114
79
Maj
Ma]
106%
%
Jaj
Ipr
Apr
U
*12%
12%
12%
12%
12(4
12%
12%
12%
12%
12%
800
*54
55
54(4
54(4
54%
54%
54%
55
55 %
55%
1,100
11%
11%
11%
11(4
11(4
11%
11%
11(4
11%
700
33(4
32%
33
32 Va
32%
32
32%
32%
331
11%
32%
103 Vt
112
104
113
99
*92
95
24
24
143 Vt
143 Vt
100%
*98
*34%
For
35 %
footnotes
*93%
23%
"98%
98
34(4
see
93
95
24(4
143(4
143
34 Va
oaee
105
112(4
*94
99
*94
104
111(4
103%
*112(4
103%
112
*94
?4.
a.
24
142%
98
*33%
99
93
24%
143
104%
105
112
112
*93%
91
24
141
98%
98
34%
X33
98%
91
24(4
141
104(4
104%
111%
112
*93%
*91
24 Va
140
8,600
5,600
370
Udylite
Corp
Underwood
Bag & Paper
Union Carbide & Carbon
Un El Co of Mo
1
2
Sep
15% Jan
7
25
49
9% May 17
12
Nov
No par
25% May 19
89% Jan 15
37% Oct
16
23
Jan
39
May
110% July 11
88
Sep
125
Apr
Mar 31
111
Jun
30
104
Jun ;6
24 % July 24
106
Feb
111
Jan
Oct
96
Dec
107%
Jun
29,
May
152% Oct
20
110
Oct
168%
Feb
26
102%
Oct
120 V* Mar
38% Feb
10
Sep
42% Jan
No, par
series
Nopar
series——No par
111% Nov
12
Nov
1
99
92 %
20
91
Nov
13
24 Va
3,500
Union Oil of California
.—25
20
Apr
1,300
Union Pacific RR Co common.—100
120
Apr
14
15
97% Nov
14
141
98%
97%
9 714
l,10l)
33
33
33%
700
Preferred
4%
Union
$3.50
non-cum
Tank
preferred
Car.
15% July 23
43% May 19
5
pfd $4.50 ser__No par
$3.70
12% July
No par
Union
Preferred
98%
(The)
Corp
Union Asbestos & Rubber Co
100
Nopar
30
May 21
58 % Feb
115
106% Sep
111
20% NOV
32
115%
^
{
Feb
i
Volume
166
Number 4647
THE
LOW
AND
HIGH
Saturday
Monday
Tuesday
Nov. 8
Nov. 10
$
per
share
21%
*
SALE
Nov. 11
22
103%
$ per share
109
19
21%
107%
19%
*102%
19'/a
104
103
$ per
share
per
21%
107%
XlOG %
19%
18%
102 %
share
S per share
22
21%
106%
105%
105%
*105%
107%
19'a
18%
19
100
102'%
99 %
23%
23%
24'/a
23 %
X32%
32%
32
33
33
*31%
4%
4%
*61 %
62
2%
2'"a
2%
2
45
45 %
*71/2
44 7
8
B
7%
86%
86
4%
33
*31%
14
Biscuit Co
-No par
18% Sep
9
24 V'4 Nov
No par
28% Jun
10
32%
2%
2%
24,500
44%
44V2
447/8
44%
44%
2,500
*4%
*61 Va
62
'
*7
8
86 »/2
*86
17%
16%
16%
16%
16%
*16%
37%
37%
*37%
38%
371/2
37%
56%
55V4
23%
23%
551%
56
56
56
57
23%
23%
23%
23%
86%
23%
161/8
*107
16%
I6V4
108
16
16
16
16%
19%
20%
20%
*107
20%
100
100
*17'/a
*100
18%
105
105
*179
17%
183
15%
*78
15%
80
39%
105'%
*179
15%
*78
»
39%
38%
16%
108
101
*17%
8%
16%
16
16
16
78
78
*78
39%
38%
39%
8
*37
*42
43
43
U
80
8%
8
161/4
2,700
*35%
37 %
500
21%
21%
6,200
*9%
43
37
21%
9%
9%
9%
*9%
9%
100
44
x42%
44
43
43
*51 »/2
52%
51%
511/2
*50
52
*50
52
29%
29%
291/4
29%
30
30
*29%
30%
29%
98%
98%
98'%
98%
97 %
97%
*97%
45%
46%
46'%
*51%
*133
53
137
*45%
133
46
46%
133
*421/4
*97
ARMISTICE
DAY
98%
45%
*131
46 %
134
45%
46
45%
451%
45%
*131
47
71%
69%
69%
69%
69%
74%
751/a
75
75%
73%
75%
*140%
141 »/2
142
19%
142
19%
19
19%
42
*41
41
41
*7
7%
11%
*101
7%
11%
11%
102
6
V2
*40
19
*5%
941/2
*170
17
*67%
141
*101
6%
6%
*70
71
19
18%
19
41'%
41
41%
*6%
7%
6%
11%
11
102
11 1/4
6%
11
6%
6
42%
*40
42%
*40
19
*18
19%
*18
19'%
*18
19
5%
*5%
95'/2
5%
*5%
94
93
93
*170
178
*170
175
17
17
17
16%
17 %
16%
68%
67%
68
*66%
66%
66 /a
6%
No par
No par
S
Rubber
8%
U
S
Co
Steel
4%
2,200
120
4y4 %
Oct
12%
Oct
Oct
16
19% Feb
21
9%
Sep
23% Oct
20
Apr
Aug
22
Jan
15% July
Oct
32% May
Jan
28
101
Nov
109% July
18
13
Nov
May 19
107% Feb
11
93
Sep
132
Nov
196% Mar 29
Deo
X205
7
6
14% Sep 11
77
Aug 26
38% Nov 10
106
187%
6
26
Feb
15
90
53 % Feb
13
9% Oct
22
33% Jan
94
Feb
Sep
37% Nov
6% Sep
29%
Feb
May
Sep
47%
Apr
98% Aug
62
May
10
9
Dec
46% Oct 20
35
Nov
60% May
73
Feb
19
59
Jan
2
Sep
Dec
84
39
Sep
48% Nov
106
Nov
187
35
49% May 24
23% May 19
97% Nov 13
May 19'
40% Jun
131
5
Nov 14
38 % May 17
68
May 19
61% May 19
140
May 19
14
3
l
2d
non-c
pfd—5
No par
preferred
Pictures
15%
30%
HOT
20% Oct
Nov
12% May 19
18% Nov
2
50
1
1
preferred——-
Universal
187/a
10
Universal Leaf Tobacco com—No par
16%
Jan
53% Aug
7
Universal Laboratories Inc
661/2
56
Oct
12%
9'/*Jan
170
*651/2
Feb
Deo
41%
25% Aug
11'/a July
700
66%
21%
34%
59% July 25
24 % Jan
6
71% Mar
44
5V2
16%
Nov
2
Jan
Universal-Cvclops Steel Corp
8%
2
14
Sep
200
175
Jan
19% Oct
13 5/
92%
92%
Jun
16% Aug
105% Aug
25
18 %
*168
7 Vb
66% July
Deo
104%
40% Nov
Paper Inc common
conv
Oct
Oct
8%
17
25
preferred'
cum
3%
44
10
5
No par
Corp
United Wall
31
12
—No par
7,300
4% Jan
53% Mar 27
May
17% Apr
89
Sep
24
50
preferred
Stockyards
conv
40
Dec
24% Oct
100
6
42%
$6
Oct
Oct
78
39% Nov
lo
U S Tobacco Co_
United
8
22
100
com
common-:
non-cum
10
10'
16 Vi Jan
100
Preferred
1%
Nov
Jan
5% May 19
25% Jan
3
50
Corp
23%
6%
Jan
1
19% Feb
10
preferred
Smelting Ref & Min
S
Jan
Jan
64%
110'% Apr
20
Preferred
U
Nov
10
common
1st
non-cum
37%
119
19%
l
A
series A
pfd
cum
United Stores $4.20
51/2
95
common
class
common
3,300
100
18%
175
580
Co
conv
101%
5%
17
ft92V2
*163
70
*40
5%
5%
5%
94
178
4,900
11
10%
42 %
6'A
19
42
*98
6%
*40
1,000
6%
102
42%
141 %
18%
11
*99
102
102
21,100
*41
6%
6%
74 %
140%
141
1401/4
U
200
73%
74%
5
Jan
Deo
Highest
$ per share
20
10% Feb
95
101
17
15% May 19
100
86
100
Playing Card Co
Plywood Corp common
3% %
12
178
No par
preferred
U S Pipe & Foundry
300
1,400
*40%
19
7,000
Corp
14
20% Sep 23
12% May 17
104% Jun
20
4%%
90
45%
Leather
S
46
Machine
May 17
44% Jan
100
common
preferred
Lines Co
S
71%
73 %
S
U
131
131
No par
Co
Hoffman
Partic &
U
*45'%
No par
Industrial Chemicals
U S
100
45%
*69
142
200
99
45
134
45%
'
*69
S
2,300
301%
No par
preferred
4V4%
U
37
21%
10
preferred
Gypsum
1,900
38%
21%
1
100
Foreign Securities
S
U S
21%
9%
U
13%
com
Freight Co
3,000
7%
&
S
7 r/o
10
39%
7%
8%
70
81
39Va
S
Improvement Co
Paperboard
$4.50
1,900
178
38'%
U
No par
preferred
United
40
105V4
22
5%
U
105'%
38%
33
200
178
21%
111/4 May 20
5
Engineering & Foundry
Nov
5
Oct
8% Feb
83
16%
43% Jan
5
181/2
178
8%
*9%
3,000
100
104%
16
100
13
United
*17%
178
22
9%
20%
19%
100
1C4%
39V4
Preferred
2% May 19
United Electric Coal Cos
United Merch & Mfrs Inc
1051%
*78
6'/»May2a
78% May 22
50
180
16'A
44% Nov
2,800
1,000
10
1
1
Corp
34
33
4% May 16
5
Dyewood
6,400
17
26% Jan 15
55% Jun
United
16%
*16%
97 % Nov
United Corp common
$3 preference
23%
105
39%
preferred— ^_100
United Gas
107
17%
100
United Fruit Co
180
80
$3.50 convertible
7.800
16%
20%
preferred
56
106%
101
17 %
cumulative
10
common
300
1051%
38%
*9%
1,700
Inc
United-Carr Fastener Corp___No par
United Cig-Whelan Stores com—30c
50
16%
Lines
38
183
8%
8'A
86 V4
16%
*37
16%
*100
18%
100
16%
20
*100
17%
%
Air
4 % 7p
120
107 %
16 %
20'/a
101
161/2
20%
*37%
21%
16%
*107
16 V4
85%
17
55 %
23%
16%
4,500
2%
4%
62
38'A
108'%
200
4%
321%
2%
55%
2
United
2%
23%
5
United Carbon Co
4%
*7
Sep
700
*61'/a
7%
110
1,500
4%
*7
100
14
2,300
United
$ per share
Oct
32
61 %
*86
preferred
Lowest
25
22%
44%
7%
convertible
16% May 19
103% Jan 15
18% Nov 14
98%
32
2%
86
5%
$ per share
5
Aircraft Corp common
$ per share
97%
32%
Year 1946
Highest
28% Apr
120% Apr
*371/2
*16'/a
300
9,100
41/2
45
Range Since January 1
Lowest
Par
United
Co
100
Inc
23
Range for Previous
STOCK
19
*16%
*107
4,500
61%
7/8
YORK
EXCHANGE
x22%
32 %
32
NEW
18%
23%
33'/a
Gl'/a
(2011)
Shares
21%
23 '/a
4'/2
*86
$ per share
21'/a
32%
61 %
the Week
21 '/a
23
*31
CHRONICLE
STOCKS
Sales for
Nov. 14
Nov. 13
33%
23
*33'
FINANCIAL
Friday
Thursday
Nov. I'J
22%
103
&
PRICES
Wednesday
$
COMMERCIAL
Apr
36%
103 % July 24
60% Feb
11
Feb
11
165
144
51% July 28
81
Feb
28
79% Feb
8
150
23
19
142
.11
Oct
80
Apr s t
Feb H
Feb
Sep
89
Feb
97% Feb
Deo
Feb
166
20% Nov
29%
Jan
Nov
65'/a
Jun
9%
Jan
20%
Apr
47
5
Jan
13
8
Jan
13
12% Feb
21
7%
Oct
Jan 27
109 % Jun
18
100%
NOV
10% Jan
30
7
41
Sep
Sep
54
18%
Dec
27% Feb
102
8 '/a Oct
10
4%
Sep
11% July
14
40V'4 Nov
5
52
Feb
17
May 17
22
Feb
7
11% Feb
10
8
Dec
102% Sep
8
91
Nov
110%
15%
15%
15%
*15%
161/4
15%
15%
15%
15%
900
Vanadium
*15'%
16
15%
15%
*15
15%
*15%
15%
15%
187
May
200%
Apr
49%
Jan
4% May 20
79% May 17
165
May 20
192
Mar
1
15V4 Sep
9
29% Feb
3
25
13
91 Ya Feb
13
77%
Deo
15%
400
Van
Norman
*36%
36%
37%
371/2
383
39
391/2
X37%
37%
700
Van
Raalte Co
15%
15%
15
15
15 V8
31 Va
15
*30
15
31%
*30
38%
8
7
17%
Apr
101
Apr
151/4
'
31'/a
X30%
30'%
*30
-
15
30 %
*80
87
*80
87
*80
87
*80
87
*80
92
*87
92
*87
92
*87
92
*87
15
15 Ve
Oct
25%
Apr
41
Feb
13
35
Nov
58 %
Vertientes-Camaguey Sugar Co__6%
12'/4 May 19
20% Jan
2
15%
Sep
Apr
Jun
Vick Chemical Co
28
Sep
15
39
Feb
6
30
Oct
26'4
51%
Vicks Shreve & Pacific Ry com__ 100
57c non-cum preferred
10o
Victor Chemical Works common
5
85
Oct
8
3,000
87
*87
Feb
187/e Feb
30% May 17
800
30'%
39'
14% May 21
10
200
15
Not
2.50
91
*471/4
48
48
*98
99
*98
*95%
*8%
*100
15%
97
*95%
8%
8%
103 %
*100
15%
116
*115
122
15%
116
*36%
*31%
35%
*31%
*31%
48'/a
*47%
48
99
*98
97
*95 Va
8%
•
*100
15%
115
*115
122
*115
32%
32 %
36'%
8%
104
15 %
117
37 %
97
8%
104
116
37 %
V2
99
37%
15%
48%
98
*951/0
33
15%
115%
115%
115%
129
120
37%
32%
32V2
37%
37%
$ per share
115V2
115%
6,300
230
*118
125
90
37
37
500
32%
800
34%
1,400
33%
33
*31%
33
*31%
$ per share
1514
32'%
33'
SALE
15
3%%
cumulative
Nov. VI
preferred
100
partic preferred
100
Virginia Elec & Pwr Co com—No par
$5
Va
preferred
Iron Coal
6%
pfd
77o
86
Oct
2
35% May 19
97
Oct 17
95% Oct
class A
cumulative
Oct
113
Nov
115
Feb
53
May
49% Aug 18
104% May 14
97% Oct
Nov
.
13
$ per share
i per share
*64%
66'%
*63%
15%
15 %
x33%
33%
Friday
Sales for
Nov. 14
the Week
$ per share
NEW
YORK
36%
100
Sep
Dec
May
108% Aug
21
10% Oct
9
5%
Dec
12_%
9
63%
Sep
99% July
15
Sep
22
16% Oct
23
Nov
12
121
Aug 25
35% Oct
Jan
Dec
12~3~%
121
Oct
1
80
Jan
105
14
45
Feb
21
40
Dec
53
17
40
37
Sep
32% Nov
45 %
Jan
52
Apr
Feb
5
32
Oct
Jan
17
31
Oct
10
38
Feb
17
31% Oct
21
33
117%
Apr
Apr
July
Aug 13
20
30
Aug 21
33% Oct
31
STOCKS
Thursday
Apr
83%
91%
108 % Oct
20
preferred
Jan
20
13
94% Feb
94
May 19
85
5
common
Feb
5'/a May 19
115
25
(The)
Detinning Co
31.
22
69
10o
25
common
preferred
Visking Corp
13V4 May 17
100
Coke 5%
&
Virginian Ry Co
PRICES
Wednesday
2.50
div
Vulcan
—
Inc
3%% preferred 2nd series
100
Va-Carolina Chemical com
No par
6%
34
*31%
Nov. 11
2,000
*32
33
Tuesday
8%
104
32 %
*32
Nov. 10
96%
8%
*100
33%
33
Monday
*95%
10
35%
37
*311/2
Nov. 8
48
98%
35%
*36%
33
36 %
48
*97'%
32%
36 %
*31%
Saturday
1 per share
8%
104
15
*31%
33
96%
8%
*109
122
37%
32 %
48
98
Co
Range for Previous
STOCK
Range Since January 1
EXCHANGE
Year 1946
Lowest
Shares
Par
Highest
$ per share
$ per share
Lowest
$ per share
Highest
$ per share
W
*64
66 %
*64%
66%
ARMISTICE
*15%
15%
*15 '/a
15%
DAY
*32%
33%
33%
33%
*102%
104'%
*102
*21.1/4
21%
21
21%
21%
21 %
10%
10%
10%
IOV4
101/4
10 'A
II1/2
*94'%
14
11%
95
11%
*94
104
11%
95
*102
11%
*94
104
11%
95
15
65%
*63'%
65
15
*15
15%
400
33%
1,200
*33'%
33%
33%
103%
103%
■
Wabash RR
*102'%
103%
50
211%
21%
1,000
Walker
10'A
10%
10%
1,700
Walworth
11'/4
11 1/4
IIV4
11%
1,600
Ward
Warner
*94
95
*94
95
13%
14%
14
14
13%
14
13%
30
13%
30
9,900
29%
30 %
30
30%
31
31%
900
47'/4
3,300
*46%
46%
116%
116%
46%
116
46%
X46%
47%
46%
46'%
46%
116 %
Xll6%
118%
1171/4
117%
116%
*221/4
22%
22%
22%
*22%
22'%
211%
19%
221/4
19%
21%
19%
19%
19%
19%
*191/4
*24%
19%
25%
19V4
*241%
25%
241%
25
*24%
25
*32%
33%
*32i%
33%
32%
32%
*32
33
6 %
6 %
6
*6 %
6%
6'/4
6%
6%
*24'%
32
6
4%
common
preferred
1
(Hiram)
G & W.
1
common
preferred:
Bros
100
No par
No par
Co
Baking Co.
5 % %
14
100
No par
No par
Co
21%
30%
*30
preferred
Walgreen
10%
*21
4 %%
Waldorf System
100
Pictures
5
Warren Foundry & Pipe
Warren Petroleum Corp
57
Apr 16
13 % Apr 21
29% Apr 30
103
Oct
18
xl7% May 14
7% May 19
11
May 21
19% Feb
13
Jun
xll% Mar
18% July
107% Feb
Oct
23% Aug
50
Jan
18%
Jan
39
Dec
Oct
28
25%
Dec
35 % Mar
Waukesha Motor Co_
100
Wayne
120
27
Jan
7
22
5
17% May 20
23% Feb
8
5
20
Sep 30
30% May 23
26% Feb
18
41
Feb
4
5
Oct
20'/a
28
400
Inc
29%
Oct
48% Oct
25
1
Nov
Nov
32
:
23%
9%
16%
13
Knitting Mills
Wayne Pump Co.
105
22
21% Nov
Webster Tobacco
3
7
600
2,700
Mar
7
13% Feb
29
800
61/4
111
July 17
24% Jan
33% Oct
9
19%
Apr
109
18% Feb
Sep
'
Apr
106% Mar
99
21%
Jun
54
9
preferred
100
Washington Gas Light Co—No par
conv
Feb
23%
Dec
23
Jan 13
cum
86
Oct
33%
May 14
31
3%%
Sep
15%
11
94% Sep
21
1,340
18
25
36% Feb
13% Sep
.No par
com
5
118
75% Feb
17% Jan
60
6
May
37% Jan
83% May
21% May
110'% Jan
100
Sep
20
Sep
20%
Oct
29%
Sep
31
Sep
47%
Jan
Sep
Sep
Sep
Sep
16%
Apr
431/2 July
89 Va Aug
17
12% Jan
7
9%
16
52V* Nov
14
31%
22
90
Feb
4
85'/a
34%
Feb
49
49
481/2
50
50%
*85
51 Va
51%
87
86%
86%
52V4
13,200
86'%
86
*26%
86%
*86%
86%
200
26%
26%
26%
26%
27 Va
26%
*1101/2
26'%
26%
111%
*110%
2,500
West
Indies
111%
111'%
111
Apr
111
116
*110 %
111%
40
West
*114%
116
Penn
108
115
Sep
119
115
114%
Aug
115
*109
109%
114%
114%
*109
109%
160
7%
preferred
100
121% Jan
14
115
Jan
122%
Feb
108%
109
108
3
113% May 14
2
34% Jan
117% Mar 11
45
111%
*114%
109
*112
108 Va
113%
*112%
108'%
140
6%
113'/2
preferred——
100
105
14
106
113
*113
6
112% Jan
113
Sep
117% Aug
43%
43%
West Penn Power 4.%% pfd
West Va Pulp Sc. Paper com
100
111% Oct
9'
116% Aug 19
113%
Oct
*43
119% May
53'/4 Jua
44
*43
109%
*7
109%
*107%
7%
*431/4
44
7%
43%
109
7%
43%
501/4
X86
*107%
7
43%
51%
43%
109
43
*107%
26'%
114%
43%
108%
*113
43
107%
7Va
7
7
6%
44'%
X44
44
43 7/8
115
10
43
500
107%
7
■
6%
-
6
20
19%
19%
29
28
28
*28%
29
77
75
75
*71
73%
21%
221/4
22%
22%
23 Vs
22%
22'%
X35%
36V4
36
36V4
35'%
36
27%
28'A
27
27%
27%
27%
*75
21%
36%
'/8
*5%
36%
6
36%
27%
28
28
27%
28
96
96
95
*98%
99
*33%
34%
*31%
32%
89
891/4
*69
73%
101
*100
48
48%
96%
97
*28%
29%
25'/a
25%
13%
*91
13%
92%
*32
33%
9%
*98%
34'A
*31
891/4
*68
100
48%
96'/a
*28
23%
12%
*91
*32
9%
9%
95
99%
34'A
32%
89%
72
6%
6
6%
19%
20
20'A
27%
*95
*71
61/8
27%
27
27 y4
900
73%
*71
73%
200
-
4,300
6,000
14,500
96%
95
95'/a
95%
96
120
99%
98
99%
98%
99
900
33%
33'%
32%
33
32
32
600
32%
31%
31%
100
89
*68
preferred
89
73
*31
87%
*67
89
73
100%
101 %
48%
48'%
49i%
47 Va
48
47
Oct
14
32% Nov
113
Jan
27
lliy4 Sep
Auto Supply Co
10
Maryland1 Ry com—_I00
38% May 19
7% Dec
10'% Jan
75% Jan
2nd
Pacific
Preferred
RR
series
pfd
100
No par
com
A
100
67
5%
Jan
May 16
7% Feb
9% May 17
27
Nov 14
21% Oct
14
42 % Feb
27
Sep
Sep
Sep
71
Oct
4
74
Jun
11
90
Mar 29
116 V4
35
Apr J
Jan/
90% May
13 '/a Jan
32%
Jan
56%
Jun
101
A.:?
Western Union Teleg class A-No
par
Westinghouse Air Brake
No par
17
May 19
27'/4Mayl9
26% Sep
17
Oct
53%
Jan
38 % Oct
22
26%
Oct
41%
Jua
Westinghouse Electric com
3%% cum pfd series A
22% May 19
93
Jan
2
30% July 28
21%
Nov*
39%
Jan
91
Dec
95
Dec
39
May
3.80%
Weston
pfd. series
cum
Elec
12%
—100
105
Instrument
Aug 20
18%
106% July 21
-100
98
Nov
13
12.50
B
101%
88
*68
89
500
73
Common
32
Nov
14
55
26
May 14
87% Nov 13
62% Mar 27
99
May 2
36
$3.75
No par
preferred
No par
Wheeling Sc L Erie Ry
100 Va
100 Va
160
47%
47%
2,400
97
97
5%%
conv
com
*96%
97
*96%
97
28%
28%
*27 %
28%
*27%
281/2
100
24%
23%
24'%
23%
24%
23%
23%
3,300
Motor
12%
White
12%
12%
12%
12%
12%
2,000
White
Sewing Machine
92%
*91
92%
*91
50
92%
$5
32%
32'%
*3:.%
32%
*31%
32%
100
9%
9%
9%
9Va
9%
9 Va
91/4
2,300
100
100
No par
prior prcf
.No par
(The S S)
20
White Dental Mfg
$4
32%
conv
com
preferred:
Wheeling Steel Corp
96%
*91
14
5% May 19
29%
13%
32 % May 19
107% Nov
29
Jan 24
631/4 Jua
Westvaco Chlorine Prod32'%
100%
92%
May
19
1
non-cum
Western
No par
100
Western
99%
*31
Sugar Corp
1
1
Electric class A__No par
Western
4%
No par
No par
900
1,300
22Va
4%%
com
preferred;:
900
21%
22 Va
conv
Western Air Lines Inc
21
100%
For footnotes see page 24.
6'/8
19%
$4
800
43%
*5%
*19 '/a
29
20
,
Wesson Oil & Snowdr
conv
Prior
Wilcox
Co
preferred
preferred
Oil
Co
1
com
1
No par
20
5
Aug
1
98
Nov
75
Oct
27
63
Aug
72
Jan
103
Feb
13
100
Oct
106
Jan
102% July 18
May 19
.53'/a Oct 21
94
May 23
26% May 19
1017/a Mar 31
31
107%
Jan
36 Ve
NOV
62% M?7
107% Jul/
90 %
Nov
Feb
7
27 Va
Feb
44
19% May 19
297/a Feb
8
21% Nov
44
9% May 19
84
July 31
29% May 13
5% May 17
17% Feb
1
liy4
Nov
23% Ju'y
90
Feb
3
81%
Sep
105
34
Feb
13
30
Nov
36
9% Oct
20
Oct
12%
34
5%
t
July 4
22
Nov
66% Nov
Corp of America—No par
j
Jan
7
16
V
*15%
,
Jan
128
5% Nov
100
com
preferred
Apr
Dec
39%
Oct
65 Va
48% Feb 21
Jan
84%
40% Oct
x72
Mar 27
Feb
100
13% Jan
May
Jan
Jul/
May
Jan
v
5
;
i
24
COMMERCIAL
THE
(2012)
& FINANCIAL
CHRONICLE
Monday, November 17, 1947
NEW YORK STOCK RECORD
LOW
$
$ per share
S per
share
per
STOCKS
PRICES
SALE
$ per
$ per share
9 Mi
9%
9 Ma
9%
61%
61 Ma
61 Ma
61
15 Ma
15%
15%
15%
93
19
*18 Ma
■137
144
*91%
93
*91%
19
33
47%
59
47%
47%
59
*47 Ma
33
59
59
*82
82
90
*88
*66
69
*65
*65 Ma
67
Wilson & Co Inc
1,000
32 Ma
800
Woodward
Iron
46%
47
5,400
Woolworth
(P W)
46%
47 Ma
57
57
*82
83
*82
83
10
88
*87
89 Ma
*86 Ma
89 Ma
10
69
65
65
*64
68
10
65%
65%
64%
65 Ma
64%
64%
10 Ma
10
10
10
10
35 Ma
35%
35%
36
36 Mi
600
12 Mi
2,000
DAY
35%
36
12 Ma
12 Ma
12 Mi
12%
12
*43%
44 Ma
42%
11%
43
Prior
800
Yale
&
York
400
4
Towne
Corp
Ma %
20 Ma
20%
*20 Mi
21%
20%
20 Ma
900
78
77 Ma
78
77
78 Me
76%
77%
77 Mi
78 Mi
6,400
*18M4
18%
18
18 Mi
18
18 Mi
*xl7%
18
17%
17%
800
20 Ma
203/4
19 Ma
20 Mi
19%
20
19%
19%
*19 Mi
19%
2,100
Zenith
Radio
6%
6%
6 Ma
6%
6%
6%
6%
6%
6%
2,700
Zonite
Products
78
99
Jan
28
27
145 Mi May 19
10
32
Nov
14
43
May 19
48% May 19
conv
100
82
Oct
30
10o
84
Jun
9
No par
57
Oct
29
No par
63
5
8
series
25
1
50
.—No par
Young Spring & Wire
Youngstown Sheet & Tube.—No
Youngstown Steel Door
95%
19% Mar 18
17
No par
par
—No par
Sep 10
May 17
33 Ma Aug 28
263/a
Sep
12 Ma
23
Oct
Mfg Co
21%
Oct
Jun
preferred
21
17
16
(new)
$ per share
Nov
9
21
33
Nov
53
Feb
Feb
52
May
433/4 Sep
45
62% May
47
Sep
74
84%
Sep
100
Apr
Sep
75 Mi Dec
59% Oct
103
May
87%
8
6
18% Feb
Feb
Jun
34
I
70 Ma Mar
213/4
160
68% Feb 13
Feb
Oct
Mar
94% Apr
3
100
Feb 20
80
101
Sep
15 Ma
July
July
142
10
13 V*
10
Aug
Feb
106
82 Ma
Apr
25%
Deo
Jun
33
Oct
61% July
13 Mi
Nov
27 Vi
15%
Oct
35 Ma
20
57%
Sep
21
Jan
)t
Nov
31
Jan
19Ms
Deo
42%
Jan
Sep
14%
Apr
3
10 Me May 19
16% Feb 11
41
May 19
50 Ma Mar 31
14% May 19
53% May, 17
23% Oct 23
83
Oct
15
21% Feb
May 17
Jan
643/4 Oct 24
135
common
cum
91% Oct 29
11
100
pfd
Co
pfd 4 Ma%
21 Ma
*20%
6%
Wright Aeronautical
Wrigley (Wm) Jr (Del)
Wyandotte Worsted Co
1,500
43
*42
Co
10
Sper share
13 V2 Feb
Highest
$ per share
10
Co
Worthington P & M (Del)
Prior pfd 4Ma% series
900
58 Ma
57 Ma
12
44 Ma
12%
44
32
83
10% May 19
10
32
58
51 Mi Sep
No par
No par
Wisconsin El Pow
6% May 17
No par
com
144
32%
*43 Ma
12%
44
$4.50 conv pfd series A
Lowest
Highest
$ per share
1
com
$4.2£ preferred
19 Ma
19%
Motors
*137
47 Ma
ARMISTICE
10 Mi
Willys-Overland
92%
*91%
19 Mi
144
10
65 Ma
10 Ma
Lowest
Wilson-Jones Co
92%
*137
*65
65 M2
36
6,700
47 Ma
68 Ma
36
500
15 Ma
32%
90
*35 Ma
61 Mi
15 Mi
88
83
*88
.
60 Mi
15 Ma
57%
*81 Ma
10 Mi
CO Ma
7,900
32%
82
10 %
9 Mi
18%
19
144
*137
144
9 Ma
*91%
93
18%
19
*137
9 Mi
Year 1946
Range Since January 1
Par
xl5Mi
61
15%
Range for Previous
STOCK
YORK
EXCHANGE
Shares
$ per share
share
NEW
60%
9%
15%
the Week
9 Ma
9%
*60 Ma
*91%
Sales for
Nov. 14
Nov. 13
Nov. 12
share
Friday
Thursday
Wednesday
Nov. 11
Nov. 10
Nov. 8
HIGH
Tuesday
Monday
Saturday
AND
Jan
•.«.
—- —
Jan
83% May
'
Z
*Bid
asked prices;
and
r.o
6%
delivery,
a Deferred
Jin receivership,
sales on this day.
stock,
n New
r Cash
sale,
s
Corp
14% May 19
Corp
Special sales,
—__
wd When
5% Jun
1
distributed,
5
25
July
Ex-dividends,
x
7
9
10% Jan 31
Ex-rights.
y
Transactions at the New York Stook Exchange
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Shares
Week Ended Nov. 14, 1947
united States
Total
Bank
Government
Bond
Bonds
Bonds
Sales
Int'l
Railroad
Stocks,
Number of
Foreign
and Miscel.
Bonds
Bonds
$26,000
3,881,000
254,020
723,370
$1,318,000
3,518,000
896,250
789,811
781,060
4,803,000
352,000
130,000
5,285,000
4,499,000
263,000
79,000
4,841,000
4,459,000
261,000
726,000
5,446,000
Saturday
Monday
$14,000
347,000
Wednesday
Thursday
Friday
$18,597,000
3,444,511
Total
Jan. 1
Week Ended Nov. 14
Stocks—No. of shares
$68,000
$28,000
66,958,520
17,872,900
797,842,300
265,660
1,082,555
the
are
week,
outside
when
and
The
italic
"and
letters
the
LOW
Nov. 10
Low
*104.9
Low
High
regular weekly range are shown in a
"Interest Period" indicate
column headed
104.11
*104.9
AND
HIGH
SALE
in each case
Low
High
Thursday
Nov. 13
Nov. 12
Low
*104.9
104.11
Low
High
High
one
Salon for
Friday
Nov. 14
Low
th* Week
104.11
*104.8
104.10
*104.8
104.10
106.26
*106.23
106.25
106.28
*106.26
106.28
-•■106.26
106.28
110.9
*110.6
110.8
*109.31
110.1
*109.23
109.25
*109.21
*100.20
100.22
*100.19
100.21
*100.22
100.24
100.23
*105.18
105.20
*105.18
105.20
*105.18
105.20
*105.17
105.19
*105.16
105.18
*110.30
111
*110.29
110.31
♦110.21
110.23
*110.13
110.15
*110.11
111.31
*111.21
111.15
—
110.13
112
*111.29
111.23
*111.13
*111.11
113.11
*113.7
113.9
*113
113.2
*112.23
112.25
*112.21
112.23
101.13
*101.11
101.13
*101.11
101.13
*101.11
101.13
*101.10
101.12
103.1
*102.31
103.1
—
111.13
*113.9
*101.11
*102.31
103.1
*102.31
103.1
*102.31
103.1
*102.31
*103.29
103.31
*103.29
103.31
*103.29
103.31
*103.29
103.31
*103.29
103.31
*103.31
104.1
*103.31
104.1
*103.28
103.30
*103.24
103.26
*103.25
103.27
*105.26
105.28
*105.26
105.28
*105.20
105.22
*105.13
105.15
*105.14
or
more
*103.5
103.7
*103.2
103.4
*102.30
103
*102.26
102.28
*102.27
*102.19
102.21
*102.19
102.21
*102.11
102.13
*102.6
102.8
*102.7
102.9
*102.8
102.10
*102.5
102.7
*102
102.2
*101.29
101.31
*101.29
101.31
102.5
102.5
*102.7
102.9
ARMISTICE
*101.31
102.1
*101.28
101.30
*101.28
101.30
*102.5
102.7
DAY
*101.30
102
*101.26
101.28
*101.28
102.3
*101.28
101.30
*101.25
101.27
*101.27
101
*100.26
100.28
—
102.29
32d
of
NEW
a
—
YORK
3 Mas
Treasury 3s
Treasury 2%s
101.30
2,000
101.29
20,000
Treasury
Treasury
101.2
*104.25
104.27
*104.10
104.12
*104.12
104.14
Treasury 2%s
*101.8
101.10
*101.7
101.9
*101
101.2
*100.30
101
*100.31
101.1
*104.10
104.12
*104.10
104.12
*104.10
104.12
*104.8
104.10
*104.7
104.9
103.1
*102.28
102.30
2M2S
2 Mas
*102.31
103.1
*106.8
106.10
*106.7
106.9
*106.1
106.3
*105.27
105.29
*105.27
105.29
*104.5
104.7
*104.4
104.6
*103.31
104.1
*103.22
103.24
*103.24
102.26
2M2S
Treasury 2MiS
Treasury 2MjS
Treasury 2M4S
Treasury 2M*s
*100.25
100.27
*100.23
100.25
*100.15
100.17
*100.13
100.15
*100.13
100.15
Treasury 2 M»s
Treasury
102.5
Nov
1966-1971
102.3
102.11
Jan
107.9
Apr
Nov
7
104.15 Apr
12
102.11
Jan
107.10
Apr
14
103.20 Apr
9
101.16
Jan
106.15
105.17 Jun
2
105.17 Jun
2
106.28
Apr
109.15
Feb
Dec. 1967-1972
1951-1953
1952-1955
1954-1956
1956-1959
101.24 Oct
28
103.19 Apr
10
101.15
Jan
106.16
Apr
106.15 Aug
106.15
Aug
Treasury 2s
Treasury
2s
101.15
Treasury
2s
March 1950-1952
101.8
*101.6
101.8
*101.6
101.8
Treasury
2s
*101.7
101.9
*101.7
101.9
*101.6
101.8
*101.5
101.7
*101.6
101.8
Treasury 2s
Sept. 1950-1952
1951-1953
Treasury 2s
1951-1955
Treasury 2s
June 1952-1954
Treasury 2s
Dqc. 1952-1954
Treasury 2s
1953-1955
Treasury l%s
1948
Treasury IM2S
1950
International Bank for
Reconstruction & Development
101.21
*101.17
101.19
*101.16
101.18
*101.17
101.19
Treasury 2s
101.28
*101.24
101.26
*101.23
101.25
*101.24
101.26
Treasury
102.2
*101.30
102
*101.26
104.10
*104.7
104.9
*104.1
104.3
*103.27
103.29
*103.27
100.16
*100.14
100.16
*100.13
100.15
*100.14
100.16
*(100.13
100.15
100.19
*100.17
100.19
*100.16
100.18
*100.15
100.17
*100.15
100.17
103.29
98.24
98.24
98.24
98.15
98.15
98.8
98.10
98
98 10
755,000
99
98.22
98.22
98.24
98.28
98.20
98.20
98.18
98.24
194,000
day.
a Odd
No
sales
transacted this
lot
transaction,
r Registered
bond
transaction.
2s
10-year
25-year
Jan
Apr
102.12 Oct
101.11
*101.6
*101.26
107.27 Apr
Apr
101.14
101.8
*102
105.22 May
Apr
*101.13
*101.6
101.29
104.24 July 14
107.19
*101.12
101.8
102.4
Jan
Jun
Jan
*101.9
*101.6
♦102.2
Jan
107.5
108.4
Jun
102.22
101.14
2s
*101.27
107.15
105.29 Aug
108.4
13
101.13
*100.10
Treasury
*100.14
106.16 May
104.4
101.10
100.12
100.12
*100.17
Apr
8
*101.12
*100.10
*104.8
106
Apr
Nov
*101.11
100.12
I__
J__
106
102.5
*101.8
*100.10
102
Feb~21
Dec. 1964-1969
1965-1970
101.15
100.13
101.29
104.12
107.4
101.14
*100.11
*101.30
Feb~21
107.9
101.11
100.13
*101.27
Feb
104.12
Jan
*101.13
*100.11
102
118.23
Nov-
*101.12
2s
101.28
118.15 Mar
103
*101.9
2M4S
Treasury
*101.30
May 14
104.7
101.12
Treasury
100.4
*101.26
114.8
14
101.16
100.15
*100.3
101.31
Nov
Nov
May 14
30
101.14
*100.13
100.4
102.3
113.3
113.3
114.8
104.23 Feb
*101.10
100.15
*100.3
*101.29
Feb
Apr
104.18 Apr
*101.14
*100.13
100.4
*102.1
109.22
115.23
2
*101.12
100.17
*100.3
102.6
Deo
106.13 July 24
2
101.12
*100.15
100.4
102.2
107.5
113.12 Aug
106.13 July 24
Jan
101.14
100.25
*100.3
*102.4
Deo
104.14 Sep
101.17
*100.23
100.4
*102
102.12
104.4
*101.12
100.27
102.3
Jan
Dec
1962-1967
1963-1968
June 1964-1969
*101.15
*100.25
*100.3
102.7
115.26
102.11
104.24 July 14
June 1959-1962
Dec. 1959-1962
1947
March 1948-1950
Dec. 1948-1950
June 1949-1951
Sept. 1949-1951
Dec. 1949-1951
*102.1
112.21 Aug
4
102.6
June 1967-1972
Treasury 2M2S
105.6
*102.5
3
Feb
112.6
Sept. 1967-1972
*101
*105.4
101.30
Feb
Feb
22
101.8
1956-1958
105.4
*101.28
111.18
1952-1954
*105.2
101.28
Jun
1950-1952
Treasury 2M>s
102.27
110.3
July 24
2%s
2M2S
Treasury 2M2S
Treasury 2M2S
Treasury 2 M2S
*100.30
*102.25
4
111.23 Sep
2M2S
101.9
102.26
108.21 Feb
1951-1955
1955-1960
2M2S
102.5
*102.24
21
3
Treasury
Highest
Feb
106.6
107.20 Oct
Treasury
6,000
—
Year 1946
Lowest
Highest
30
Treasury
102.7
price.
$72,317,000
104.25 Sep
Treasury
—
—
102.5
acked
$79,144,000
1949-1952
1958-1963
1960-1963
1948
1949-1953
2M>s
*101.7
and
$1,710,000
Range for Previous
2%s
2%s
Treasury
Treasury
*102.5
♦Bid
468.000
Lowest
1948-1951
1951-1954
1956-1959
101.10
"98.4
10,603,000
480,000
Range Since January 1
STOCK
Treasury 2%3
Treasury 2%s
Treasury 2%s
102.3
*101.19
$61,246,000
0,907,000
10,000
point.
EXCHANGE
*101.8
101.22
$71,757,000
203.000
7.000
GOVERNMENT BONDS
Treasury
—
105.16
*101.20
$1,497,000
376,000
YEARLY
-
Treasury
109.23
100.23
*100.21
*101.10
124 699,773
$1,320,000
Bonds (S)
High
*110.7
*102.31
14
1946
63,064,254
the month when the bonds mature.
*106.26
*111.30
to No".
1947
1,252,830
$937,000
Total
WEEKLY
-
*106.24
*100.21
Jin. 1
V
1946
1.082,555
shares
PRICES
Wednesday
Nov. 11
High
$1,320,000
Cash and deferred delivery sales are disregarded In the week's range, unless they are the only transactions of
footnote in the week in which they occur. No account is taken of such sales in computing the range for the year.
Tuesday
Monday
Nov. H
$7,000
Foreign corporate
Figures after decimal point represent
Saturday
$376,000
interest"—except for income and defaulted bonds.
of the
in
$937,000
354.000
New York Stock Exchange
«»
FRIDAY
NOTICE—Prices
271,000
Foreign government
$888,643,820 $1,192,440,900
Bond Record
318 000
1,000
Bonds
1,102,820,700
$19,229,900
2,000
41,000
1947
70,945,200
$20,852,000
Total
19,000
229,000
Domestic
1,289,000
18,597,000
Railroad & Industrial
297,000
-
Week Ended Nov. 14
20,733 000
1,278,000
Foreign
163,000
248,135
$18,675,000
$3,110,000
949,000
130,000
191,000
Holiday
Stocks—No. of
U. 8. Government
177,000
1946
Bonds
International Bank
307,000
196,355
323,273,755
216,858,942
4,890,210
Total
$70 000
$4,000
to Nov. 14
1947
1946
1947
.Foreign
Corporate
$23,000
276,055
Total
3,444,511
$43,000
$20,852,000
$28,000
$949,000
$1,278,000
96,350
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
Holiday
Tuesday
Bonds (Par Value)
Foreign
Government
Domestic
Shares>
Week Ended Nov. 14, 1947
$1,399,000
2,000
$55,000
Stocks
(Number
2M*s
3s
1957
1972
10
104.10 May
9
Apr
108.17 Aug
105.17 Feb
7
105.18 Sep
8
108.17 Aug
104.22
Sep
107.14
Apr
104.16
Apr
102.6
Sep 30
102.24 May 14
100.29 Jan
102.5
Jan
102.24 May
101.4
Jan
104.7
Apr
102
Apr
102
Apr
102.8
Dec
102.8
Dec
103.9
Jan
103.9
Jan
103.7
Jan
103.22
Feb
6
102.12 Apr
102.12 Apr
102
July
102.6
102.4
8
9
May 27
July 22
102.23 Apr
9
102.16
Oct
104.3
102.23 Apr 24
102.25 Apr
12
102.20
Oct
104.14
102.30 Apr
103.1
24
Mar
Jan
Apr 26
103.13 May
103.13 May
104 26
Feb
13
103.2
Jan
24
102.14 Nov
102.28 July 21
103.4
July 21
102.22 NOV
104.29
Feb
101.14 May
loT.31
Mar
101.3
102.17 Mar
102.28 Jun
100.30 Apr
9
101.2
Jan
100.26 Oct
20
101.8
Apr 26
29
Nov
14
102.00 July 15
98.18 Nov
14
103.4
98
July 15
Sep
THE
Volume 166,. Number 4647
COMMERCIAL
NEW
YORK
RANGE
York
Last
Period
Exchange
Stock
FOR
WEEK
Sale Price
or
Friday's
Sold
Low
No.
High
J-D
105
ft
RECORD
NOVEMBER
14
113
105 ft 106%
105 ft
BONDS
New
York
Stock
Interest
Sale Price
Week's Range
Last
Period
Exchange
or
Friday's
Bid & Asked
High
New York City
.1960
ENDING
Range Since
January 1
Low
High
Bonds
Sold
No.
Range Since
January 1
Low
Copenhagen (City) 5s
25-year gold 4'As
Transit Unification Issue—
Corporate Stock
BOND
(2013)
Friday
Bonds
Bid & A.->Ked
Low
3%
FINANCIAL CHRONICLE
Week's Range
Friday
Interest
BONDS
New
&
114'/a
1952
JrD
82%
83%
42
79
1953
M-N
78
79'A
20
78
ACosta
1951
M-N
17'A
18 'A
11
16
1949
M-S
*102%
Rica
(Rep of) 7s
(Republic of) 5s of
External loan 4'As
Cuba
1914
83%
High
97'%
96'A
20'A
102%
102'A
100%
104'A
111%
116'%
1949
F-A
4%s external debt
1977
J-D
Sinking fund 5'As
1953
J-J
*106'%
104%
107'A
A-O
*110
115
U2%
115'A
A-O
*110
115
111'A
115'A
A-0
85
85
96'A
98%
100% 100%
114
114
s
ACzechoslovakia
(Rep of) 8s ser A_1951
ASinking fund 8s series B
1952
Stamped assented (int reduced
to 6%) extended to
1960
lADenmark 20-year extl 6s
Foreign Securities
1942
6s
gold
El Salvador
4s extl
Wertheim & Co.
T elephone
Members
REctor 2-2300
120
98%
1955
F-A
92%
90%
92%
29
81%
102'A
A-O
83'%
83'%
85
34
75'%
101%
62
102
f $
NY
York
J-J
*54'A
J-J
*43'A
J-J
*36
40
36
48
1967
J-J
*15'%
20
14
35
1949
MS
98
105
AEstonla
1-1693
f $
(Republic of)
Republic
7s
extl 7s
*99
Agricultural Mtge Bank (Colombia)-
part paid
1964
1968
paid
Akershus
(King of Norway)
5 AExternal
s
f
I AExternal
s
AExternal
sec
AExternal
sec
*64
M-S
91
91
*41
47
1945
series C
7s
series__1957
A-O
f
7s
2d
91
25'A
__
41'A
2
25
26'A
3
42
7%
9
7%
16%
7%
7%
8%
7
15%
41'A
41%
41'A
6
*78
88
M-N
*__
103
AJugoslavla (State Mtge Bk) 7s
1957
A-O
AMedellin
1954
J-D
45
19'A
45
41'%
1
30
98
103
J-J
102%
102'% 102%
71
99'A
Ass'td
§AMexico
Ass'td
F-A
1957
J-D
1967
J-D
1966
J-D
93'A
45
90
93%
94%
28
92'A
102
93
93%
33
91%
90%
6
87%
91'A
89%
91
42
89%
Ass'td
F-A
90
90
91 %
23
88
M-S
104
104
104'%
11
102
107'A
106
f
6s
1955
J-J
106
106
106 'A
13
External
s
f
7s
1955
J-D
115%
115 % 115'%
3
S
of)
1941
J-D
external
8s
107%
(Int reduced to 3.5%)
f
s
6"As of
*66'/a
56
70
1978
J-D
53
53
541
A-0
66
66
67
10
44
(Int reduced to 3.375%)
f 6'As of
s
55
1979
A-0
A-0
54
66
54
51
66
66
4
43 ya
63
55
73'A
A-0
53
54
44
63
1952
J-D
68
68
56
70
Stamped pursuant to Plan A
(Int reduced to 3.5%)
1978
J-D
53'A
53 'A
53%
53
53
44
agree_1968
5,
1945
1942,
1913
Nov
agree, 1963
assent
M-N
9
II
J-J
8%
8
*6
Q-J
__
Q-J
16'A
18%
11%
<«
-I
J-J
9%
9%
15%
11%
11%
11%
7%
6'A
_...
J-D
12
45
«...
*12%
J-J
*6%
10
J-J
J-J
*9 %
1933
J-J
J-J
9%
*12'A
1942, agree_1963
5,
29
*11%
14
«...
11%
12%
33
40'A
(State)—
6'As
f
s
reduced
1958
ASec external
s
2.125%)
to
M-S
*26
2008
f 6'As
1959
29
M-S
26
*27
26
26'A
29
33 'A
35%
40'A
27
26
(Int reduced to 2.125%)
43
61
2008
3%s
1957
M-N
33
Norway (Kingdom of) 4'As
1956
1965
1963
92
A-O
F-A
94%
92'A
2
92
106
90
91
10
91
105%
89'A
105%
M-S
fund 4'As
94'A
External
sink fund extl loan
3%s
s
1957
external
f
Municipal Bank extl s f 5s
Oslo (City) sink fund 4'As
'90
97%
89
88
46
93 %
89
J-D
1955
94'A
89
10
94
100
100
100
4
99
105
96
104
A-O
1970
41
A-O
♦
__
96
__
98'A
Panama
A-0
1
61
61
61%
61
61
61
61 %
61%
33As Series No. 2
33As Series No. 3
33As Series No. 4
13
65%
65%
61
2
55'A
65%
61
1
55%
65%
4
55%
65%
*60
73
3%s Series No. 7
*66 %
_
_
67
5
66%
83%
79
1
78%
83 »A
67
4
33As Series No. 11
*60
62
66%
61%
33As Series No. 16
*60
*60
62
33As Series No.
*60
61
3%s Series No. 19
61
62
62'A
55%
62
18
63
55
--
61%
57
__
__
-
33As Series No. 17
62%
56'%
__
*60
83%
55
61%
62'%
55'A
»A
55%
APeru
(Rep
external
of)
1959
7s
f 6s 2d ser
s
__
100
99
99%
3
*105%
105%
*31
37
*23%
—
M-S
1961
fAPoland (Rep of) gold 6s
A4%s assented
AStabilization
A4%s
30
102%
101
105%
32%
40
24%
—
36
—
16%
—
17'
4
16
22
1940
s
f
16%
16%
16%
33
15
21%
A-0
16%
16%
16%
47
15
21%
19
21
A-O
*8'A
1958
fund
gold 8s
A-O
*8'A
1947
7s_
assented
AExternal sink
J-D
A-O
*16%
1968
loan
A-O
8%
1950
A4%s assented
*11
J-J
1963
J-J
1961
APorto
J-D
62%
AExternal loan
1966
62'A
62
33As Series No. 20
*60
62
55
*60
62
54%
62
7'As
Stamped pursuant to Plan A
(Int reduced to 2.25%)
9
—
*36
21
29'A
7%
21%
10
12
10
9
—
7%
—
33
24%
21
38
.■
2006
*28
—
—
J-J
—
*36
29
29
—
*27
31
*36%
—
43
—
33
32
39%
25
33
34
41
26
35%
61
33As Series No. 21
.■
8
16%
*7%
2tf01
61%
55
3
99 %
—
M-S
Alegre (City of) 8s
Stamped pursuant'to Plan A
(Int reduced to 2.375%)
55
61'%
*100% 102
—
85
79
2
2008
(Int reduced to 2.125%)
ANat loan extl
67
*60
M-N
Stamped pursuant to Plan A
ANat loan extl s f 6s 1st ser____1960
67
*60
7s
69%
33As Series No. 10
*60
M-S
(State of)
65
33As Series No. 9
3%s Series No. 12
1947
fAPernambuco
66%
72
33As Series No. 14
J-D
M-S
55%
64%
*66%
3%s Series No. 13
1963
1994
1967
65
33As Series No. 5
33As Series No. 6
3%s Series No. 8
(Republic)—
AStamped assented 5s
Stamp mod 3'As ext to
Ext sec ref 3'As series B
funding bonds of 1931 due__1951
Stamped pursuant to Plan A
(Int reduced to 3.375%)
1979
External $ bonds of 1944 (Plan B)—
33As Series No. 1
(Kingdom)
59'A
6%
3%s Series No. 15
1954
1942,
5,
Nov
external
(Int
4s
1979
(Int reduced to 3.375%)
(Central Ry)
agree_1963
5%
1
—
73'A
Stamped pursuant to Plan A
A 7s
1945
1942,
45
Stamped pursuant to Flan A
Netherlands
1957
1927
£__1945
1899
5,
Nov
to
Geraes
A Sec
60
7
Stamped pursuant to Plan A
AExternal
agree_1968
1899
6'A
6'A
*41
Stamped pursuant to Plan A
1957
1926
to
AAss'td
116
Stamped pursuant to Plan A
AExternal
to
Ass'td
lfinas
s
(U
5s of
Nov
§ATreasury 6s of
109
External
IA Brazil
100'/a
105
99%
1949
6'As
1942,
5s of
§AAssenting 4s of 1910
101
1962
Belgium external
to
5,
extl
AAssenting 4s of 1904
95
90%
__
1943
to Nov.
(US)
§ A Assenting
109%
18'A
6'As
(Colombia)
§A4'As assented
45
45
101% 102%
1956
74'A
104
Mexican Irrigation—
102%
3"As
3%s
A-O
1960
f 5s
s
45%
21
"l
41%
1960
Irish Free State extl
46
105%
24
41 %
53%
79
J-D
10-year 3 "As
20-year 3"As
20-year 3"/2S
15-year
1
81
61
41'A
A-0
f 7s 3rd series_..1957
79
78
41'A
*41
J-J
A-0
(City) external 5s
1958
Australia (Commonw'lth) 5s of '25-1955
*64
41'A
J-J
1945
AAntwerp
10-year
B
J-J
1945
1st series
s
s
r
J-J
1957
f 7s
s
A-O
1945
f 7s series D
AExternal
F-A
19C8
4s
f AAntioquia (Dept) coll 7s A
f AExternal s f 7s series B
103'A
62
39%
7%
HeMngfors (City) ext 6'As
1947
1948
6s
53
—
Government—
part
A 6s
6s
102
Jan 1,1976
s
Foreign Govt. & Municipal
fund
101
(Republic of)—
A 7s
sink
1
100%
Jan 1,1976
Jan 1,1976
Greek
§AGtd sink lund
102
83%
3s extl s
T eletype
French
AGtd
70
3%s extl s f $
New York Stock Exchange
Broadway, New
90'A
J-J
1962
5'As
4'As
gold
85
1942
(called bonds)
External
External
...
33As Series No. 22
*60
62
3%s Series No. 23
*60
62
3%s Series No. 24
*60
3%s Series No. 25
33As Series No. 26
*60
*60
54'%
_
62
54%
__
_
62%
60
62
57%
63
63
54%
__
62
33As Series No. 27
*60
33As Series No. 28
*60
56%
33As Series No. 29
*60
55
62
33As Series No. 30
*60
54 7%
62
Brisbane
(City)
f
s
5s
1957
Sinking fund gold 5s
Sinking fund gold 6s
Buenos
3%
Aires
Canada
f $
s
(Dominion
25-year
96
102
96
104
101% 102
10
100
*100
92'A
1023A
100%
sinking
105'A
105
105 %
40
104
109%
104%
104% 104 %
13
104%
110%
J-J
*65'%
72
1942
fund
M-N
M-N
1960
A-O
22%
1960
f 7s
A-O
21%
21%
23
Feb 1961
6s
assented
s
A-0
J-J
1942
s
§A7s assented
A6s
5
32
1954
AExternal sinking fund 6s
A6s
assented
A 6s
100
100
I960
4s
(City) 8s
§AChile (Rep) External
ARy external
J-J
100
1961
of)
3'As
ACarlsbad
AExtl
62
—
bonds
AExternal sinking
A 6s assented
F-A
1961
J-J
Jan
assented
AExtl sinking fund
A 6s assented
1961
1961
23
23
1
21%
3
19
27%
22%
22%
1
20%
27%
37
19%
27%
20%
*21
J-J
22
—
21%
18%
22 %
*21
22
8
22
5
Sep 1961
M-S
1961
MS
22
21 %
22 'A
16
1962
A-O
22%
22%
22%
1
1962
A-0
22
22
22%
60
fund 6s
AExternal sinking fund 6s
A6s assented
—
1963
M-N
1963
M-N
1957
J-D
1957
J-D
1961
J-D
1961
J-D
1961
A-O
—
1961
A-O
—
1962
M-N
1962
M-N
*21
—
21%
*21
21%
26%
28
18%
■
__
Sep
6s
82
21
—
F-A
Feb
Jan
f 6s
64
27%
20%
28%
18%
Mortgage Bank
6'As
A6%s assented
2001
F-A
2012
F-A
26
26%
1946
Stamped pursuant to Plan A
(Int reduced to 2% )
A-O
1953
(Int reduced to 2.375%)
AExternal sec
6'As
A-0
36
27'%
ASinking fund 63As
A63As
assented
AGuaranteed sink fund 6s
A6s'
assented
AGuaranteed sink fund 6s
A6s
assented
AChilean Cons
itlunic
7s
i960
Colombia
A 6s
Of
(Hukuang
(Republic
Ry)
5s
19%
3s external
J-D
--
*19
—
19'A
—
—
(State of)
Rio Grande do Sul
§A8s
extl loan
of
—
18%
—
26'A
19%
25%
26
17%
15
27
19%
__
17%
10%
f $ bonds
1970
5 A Colombia Mtge Bank 6'As
§ ASinking fund 7s of 1926
5 ASinking fund 7s of 1927
For footnotes see page
A-0
J-J
29".
A-O
1947
27
M-N
47%
6
—
25%
17'/a
25%
7%
16%
1947
F-A
78
78
8
72
30
37'A
external
loan
of
1926
26
26
Stamped pursuant to Plan A
(Int reduced to 2.25%)
A7s municipal loan
Stamped pursuant to Plan A
(Int reduced to 2.25%)
Paulo (City) 8s
Stamped pursuant to Plan A
(Int reduced to 2.375%)
ASan
A6%s extl secured
s
f
J-D
2012
J-D
M-N
*34'A
2004
1967
J-D
*34%
26%
28
2004
1952
--
26%
__
28
23
31
31
39
24%
32
33
39
25
31%
41
35
42
35%
M-N
2001
1957
27'%
37
Stamped pursuant to Plan A
(Int reduced to 2% )
40
31%
42
36 'A
M-N
2012
24%
41
Financial Institutions
FOREIGN
SECURITIES
FIRM TRADING
MARKETS
CARL_MARKS & pp. INC.
1
72
90
47%
49
42
41%
62%
42
53
50
54%
48
50
SPECIALISTS
90
76
*46
—
35
32%
1968
27
76
A-O
1946
78
40%
27
26
17%
19'A
18%
*7%
34
27%
27
2i
4
__
18%
36
1966
Stamped pursuant to Plan A
(Int reduced to 2%)
A7s
1999
23%
17%
__
20
35
27
27%
19%
20
39'A
25'A
—
—
1921
Stamped pursuant to Plan A
(Int reduced to 2.5%)
A6a external sink fund gold
27%
__
19%
31
32%
—
FOREIGN SECURITIES
Oct 1961
Jan 1961
-
s
M-S
1951
—
35
6
26%
19
2
19 %
*33 %
28 %
25%
of)—
1928—
ACS of 1927
M-S
i960
A 7s assented
AChinese
—
19 %
28%
27%
21
22%
_
—
—
Stamped pursuant to Plan A
For
AChile
—
28 %
18'A
8
__
22 3%
A-0
27%
19'A
__
1946
8s
62'%
98
J-D
1984
of)
100
F-A
1950
(Province
external
M-S
1958
55%
(City of)
de Janeiro
$ ARio
*46
*46
__
54
—
_
__
...
50 Broad SI.. New York 4,
Telephone flAnover 2-0050
N. Y.
Teletype NY 1-971
25
26
COMMERCIAL & FINANCIAL
THE
(2014)
NEW
YORK
RANGE
FOR
WEEK
BOND
ENDING
CHRONICLE
Monday, November 17, 1947
RECORD
NOVEMBER
14
Friday
Friday
BONDS
Interest
Last
New York Stock Exchange
Period
Sale Price
Friday's
or
Bid & Asked
Low
lASan Paulo
».
1936
(State) 8s
*
Stamped pursuant to Plan A
tint reduced 2.5%)
1999
Stamped pursuant to Plan A
(Int reduced 2.5%)
*36%
J-J
1950
A8s external
*46
J-J
J-J
46
High
January 1
NO.
Low
46
68
48
64%
46
67
ARef
42
65
48
56%
ARef & gen 5s series C
AChatt Div pur money gold
§ A Mobile Div 1st gold 5s
42
M-S
*39
49
J-J
*33'/a
46
*38
48
...
2004
1968
J-J
42'/a
59
40
—
2012
1940
f 7s.
*33%
A-0
35
*83
A-0
88
33
—
91%
A-0
*73%
75%
A8s secured
external
1962
M-N
5%
6%
4
A 7s series B
sec
extl
1962
M-N
5%
5%
12
extl 7s
1958
J-D
*12
19
1958
J-D
8
8
2
1957
J-J
94
12
Serbs Croats & Slovenes
■
ASilesia (Prov of)
A4%s assented
Sydney County Council 3Vis
§AUruguay (Republic) extl
f
1978
93
93
1946
F-A
fund
6s
1960
M-N
*120
sink
fund
6s
1964
M-N
—
4%
107/a
13
26
6
8s
bonds of
($
1937)
140
93
101%
121
1978
JtD
F-A
96%
88
88
1958
F-A
*9%
16
1958
F-A
conv
(City), external
7s
A4y2s assented
*82
Af-N
89
89%
6
•
7
11
—
—
2
6
RAILROAD AND INDUSTRIAL
Adams Express coll tr gold 4s
Alabama Great Southern 3y4S
:H. Alabama Power 1st mtge 3%s
100%
100
93
2d consol
5%
17%
J-J
J5
2030
Af-S
American Telephone & Telegraph Co.—
2%s debentures
1980
2%s debentures
1975
2%s
debentures
2%s
conv
.debentures
23/4S
1961
debentures
2%s
i
1986
debentures
1982.
3s
85
100
101'A
106
108 Va
General 4s
4'%s
series
mtge 3%s
1997
Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series A
AGen
inc
100
105'/a 107
1,387
105%
119%
95
17
93 'A
101%
75
2
Q-J
1968
A-0
Atchison
Topeka & Santa
A
1st mtge 4s inc
A2d mtge
96 Va
102'A
108
112%
I995
Charlotte
July 1 1995
July 1 1995
Ry—
Air
A-0
Nov
101%
102
106 '/a
84
Chic
Milw
St
95
971/4
mtge
Paul
4s
mortgage 33/4S
Atlantic Coast 1st cons 4s
General
unified
121
51
M-N
120
132
116
110%
—
—
118
110
— —
2nd
inc
mtge
1st
119%
102%
107
Gold
102
102
104%
29
102
107%
1st
1964
J-D
102
101'A 103%
51
101 Va
111'A
Income
1948
J-J
1948
J-J
1966
J-J
19%
*98%
4
1
28
&
47%
30'A
103%
4s
July 1 1948
1st
mtge 5%
Fixed
at
S'western
1
A-O
79
81%
41
79
101
bonds
&
(fixed int at 3V2% )
Conv 4%s income
1950
Feb 1 2010
A-O
J-J
82%
71'/a
69 %
84
40
71%
25
82%
101
69%
89
147
35
Jan 1 2044
4%s__Jan 1 1999
due Dec 11993
Series
K
dueMarl 200o
due Mar 1 1996
due Dec 11993
Ref
4s
series
ref
57
91
54
74
57
56
57
30
51%
73%
Ref
Af-S
56%
57
57
31
52
73%
J-D
66
67
67 %
41
60
84%
M-N
79%
79%
84%
12
79%
97
J-J
7 7'/a
77%
77 Va
11
77%
96
18
90
1951
A-O
Telephone of Pa 5s series C—1960
Beneficial Indus Loan 2y2S debs
1961
A-O
1st
3%s
Bell
Bethlehem Steel
mtge
2%s
Cons
mtge
2%s
Boston
1st
ser
I
ser
J
1970
J-J
1976
M-N
1967
mtge
series II
5s
1955
91%
92
123 % 123 %
*97
—
98%
98 %
98%
9914
99%
--
_
<
M-N
1961
A-O
1960
Alnc mtge 4V2S ser A
___July 1970
Bklyn Union El 1st gold 5s
1950
Bklyn Union Gas 4s debentures
1969
mtge 2%s
1976
Rochester
Stamped
3%
& Pgh
modified
—
98%
90%
100
17
—
123 Va
129
95%
100'A
99%
47
1
98%
103%
99
103'A
08%
J-J
M-N
F-A
*101 Va
*
80%
101
—
_
——
92 Va
100'A
96%
104
to May
81%
40
79%
91%
50%
51%
22
42
66
*104
coll
1947)
Af-N
due
1957
Af-N
102% 102%
Consolidated
Term
Bldgs 5s gtd
Calif Oregon
Canadian
3s
J-J
A-O
1976
58%
96%
82%
80%
93'A
76
85
J-J
J-J
4y2s
A-0
2
gold
5s
1969
J-J
Guaranteed
gold
5s
1970
Guaranteed
gold
43/4s
1955
J-J
Guaranteed
gold
4y2s
1956
105%
gold
41/2s
1951
F-A
Oct
Pac Ry 4% deb stk
perpetualCarolina CUnchfield & Ohio 4s
1965
F-A
M-S
88
56 Va
15%
106
2
101
42 Va
12%
63
27%
105
101
100
11
77
11
101%
107%
100'A
5
99
106 %
24
103
108 %
103 %
5
103
107%
99
*25 %
1975
24 3A
85
23
85
34%
24%
__
*25%
34%
85%
60
105 Va
113 %
100
11
100%
111
100% 101%
*111
F-A
F-A
J-p
J-D
*98% 101%
105'/a
97
97
99
81 %
81%
81
88
80
80
J-D
CO O
10
80
%
98 Va
70
73
65 %
82%
64'A
80%
*98%
J-D
J-J
1991
M-N
F-A
A-O
1972
1973
1977
A-O
A-O
A-O
modified)
1980
M-N
3'/8S
debs—1971
68%
s
M-N
J-J
1948
1950
1961
68%
M-S
A-O
M-S
F-A
4s
4s
98
66 3
J-J
1990
1st
3s
3'%s
gtd:
gtd
4%s
Cleveland Union Terminals Co—
1st gtd
Line
1st mtge
5%s series A
5s series B
1st mtge
4'%s series C
Colorado
a
__
87
104
87%
7
104
105 Va
38
98%
86%
96%
104
109 %
102%
5100%
104
«■-_
103%
103%
104
*_-
101%
100%
108%
109
104%
104% 105
43
104%
100%
100% 102
21
100 Va
32
99
107 '/a
106%
99
101%
51
99%
Southern Ry—
&
(stamped
4'%s
Gas
Columbus
&
Columbus
102%
Elec
&
gold 4s__ 1948
Ohio El 3'As
1970
1st extl
H V
Sou
&
1st mtge
1955
1st extl 4s
Commonwealth Edison
103%
51%
17
44%
102% 103 %
30
102 3 4
106 7
102
103 %
106%
110%
114
114
*102
106 % 106 %
*__
114
104
104%
Co—
1977,
3s series L
104
F-A
1951
107%
*106''2
J-J
1961
F-A
Corp 3'As
1965
Consolidated Edison of New York—
A-O
& L 1st & ref 4%s
Pwr s f 3%s A
Conn Ry
Conn
River
Cigar
96
103'A
3'%s
104
1953
1982
1977
1972
2%s ser A
mtge 2%s ser B^
1st & ref mtge 2%s ser C
debentures
ref
&
mtge
1st & ref
58
en 00 V-J 03"
43
55%
72
Consumers
38
11
25
39
Crucible
91%
105'/a 105%
98%
~7
3
90'
105
103%
97
106 V*
104
103%
5
—
63%
a
104
109%
108 Va
13
--
108%
*105% 107%
*._
104%
102% 102'A
105%
—
108
102%
104%
3
102 Va
104%
98 Va
93%
5
98 %
103%
95%
95%
5
95%
101
99%
102 %
J-J
M-S
A-O
J-D
99%
6
99%
100
102
103%
100% 101%
30
100%
106%
4
113%
120%
108% 109%
5
108%
113%
no9% 110%
112%
112% 112%
109%
106
106
114'%
106'A
"9
99%
72
107 %
8
112%
119%
112%
8
*112 % 112%
3s
debs
mtge
receipts
ACuba RR 1st 5s gold
ADeposit
ser
ser
B
98%
107%
98%
107
F-A
1965
A-O
*„
102
65%
102
102 %
119%
106
94%
107
102'%
i960
F-A
*~
1948
J-D
*68%
73'%
63'%
15
M-S
J-J
M-N
JD
100%
104
*__
1952
receipts
deposit rets
98%
*52
54
98% 101%
49'/8
63%
1
39
81%
1
76%
37
17
32
44%
38
33
10
36
46
*37
38
J-D
J-D
42%
36%
J-J
42%
81%
42 %
—-
1946
—1946
A deposit rets
100%
*__
—-
113
15
113% 113%
108%
1st
38
36
45%
104%
52'A
■86%
107
991/2
2%s—1975
mtge
1965
3'/as——1966
§ACuba Northern Ry 1st 5%s
1942
Baking
101'
106
103 34
103%
100
1st
Power
Steel
112%
D
Dayton Pr & Lt 1st mtge 2%s
1975
Dayton Union Ry 3'As series B—1965
debs
1965
Delaware & Hudson 4s extended—1963
A-O
Deere
&
Co
2%s
Delaware, Lack & West RR Co—
N Y Lack & Western div
1st & ref M 5s ser C
107
AIncome
110
Morris
78
102
105%
102'%
106
81
61
100
A-0
Coll
1981
78 %
29
103% 103%
A-O
A-O
M-N
A-O
1970
Div
99
Carthage & Adirondack Ry—
29.
66 Va
488
97
101% 101%
99
103%
103
&
tr
Delaware
4-6s
&
Light
M-N
100'4
90 %
90%
11
100
103%
103 %
13
100 Va
105
44
90'A
99
--
82'%
77
90
M"-N
79%
79%
1
M-N
50 %
50%
11
42 3A
54%
55%
45
49
62%
102
109%
78
89%
May 1 2042
3s——-1973
Denver & Rio Grande West
ser A (3% fixed
contingent int)
55%
*100% 102
A-0
—
58%
RR—"
1st mtge
1%
100%
100'4 101%
1993
mtge due
Essex division
Power
*103%
J-D
1973
"
Can
page
76
76
J-J
1977
4
*
A-O
Guaranteed
see
14%
101
M-S
1993
40
90
J-D
For footnotes
—
62
4
89
322
88%
55 3
60
14%
—
88 3'a
53%
1943
E
99%
*98% 101
J-J
Guaranteed
Celotex Corp 3'As debs
ACent Branch U P 1st gold 4s
*84%
%
1952
2%s
96 %
M-N
1962
1957
gtd 5s A
Ry—
1st mtge gtd 4s
Celanese Corp 3s debs
86
86
1962
tr gold
Ilium
3'%s
37
J-D
1974
cons
Guaranteed gold
99
*80
B
C
Short
Continental
1960
Power 3 '/as
National
;'97%
J-J
J-J
1993
coll
1st
Elec
ADeposit
Canada Southern
J-D
1951
4s
conv
series
D
A6s
Power 1st
M-N
J-D
J-D
1963
,—1963
99
—
A-O
1955
5s
Elec
I960
4s
4'%s
Series
Cleve
A7'%s
California
101%
1951
96 Va
96%
A-O
1952
5s
Bush Terminal 1st 4s
Bush
83 Va
97%
__
at
1934
1
61
60
__1994
1st mtge
Mich
&
Wab
Consolidated
fBurlington Cedar Rap & Nor—
§ A 1st &
107
%
96%
80 %
50%
—
M-S
J-J
*100%
Ry—
(interest
%
61 ••
Cleveland & Pittsburgh RR—
1st
Buffalo Niagara El 1st mtge 2%s__1975
Buffalo
83%
64'/a
M-S
series D
series
5s
Columbus & Tol
mtge 4%s series JJ__
mtge 4s series RR
,
68'A
49
""""
M-S
5s series AC
1st
Gen
*91
& Maine RR—
mtge
Cin
gold
impt
Columbia
1st
1st
Af-N
91
91
—
Corp—
Cons
105%
19
47
53
2%s ser G
1st mtge
J-J
Extension
61%
102%
'0
1952
2%-4%s
M
St L Div
J-J
Creek
&
Cleveland
1951
Beech
Apr
1
53 %
68
Union Terminal—
General
Af-S
1959
4s
52'%
—
1961
56
1980
stamped
Apr
52%
A-O
City Investing Co 4s debs
57
1951
4s
68
'A
68
J-J
1969
1974
1966
J-D
Bangor & Aroostook RR—
Con
'A
Apr
1934
series A__"
Series
A
29
102% 104
103
1988
!
deposit
4s
mtge gtd 3%s series E
44%
Pgh Lake Erie & West Va
Toledo Cinn div ref 4s A
45%
99
1994
of
1st gold 4s
4%s
1st mtge
43%
Ref & gen mtge 6% (2%% fixed
and 3%% contingent interest) —
J
66 Va
32
1951
ref
General
G
Series
53
49%
87
Cleve Cin Chic & St Louis Ry—
Series
M
*52
3
8
—
J-J
2%-4'As.
43%
May
140
59
Ref & gen mtge 5% (2% fixed
and 3% contingent interest) —
Series
J-J
City Ice & Fuel 2%s debs
1948
118%
Ry—
:
Cine Gas & Elec
1st
July 1
mtge 5%
1st
88 %
"3
1989
gold
4'%s
ref
Cincinnati
(interest
4%)
Div
%
J-J
§ADebentures 5s part paid
1957
t AChoctaw Okla & &Gulf cons 5s__1952
80%
44 3A
71
72
118% 118%
J-J
1956
8f AChilds Co deb 5s part paid
B
Baltimore & Ohio RR—
mtge
*71%
25
70
RR—
Chicago Union Station—
1st mtge 3%s series F
1st mtge 2%s ser G
1st
1st
100%
34
32
33
37
P___
Chic & West'n Indiana
Stamped modified
104
94%
96
41
99 3A
99 %
115%
98%
J-J
3'%s
M-S
19 3
114%
112'A
Chic Terre Haute & S'eastern Ry—
July 1952
___
109
3
98 %
36%
1983
2003
Pac
inc
conv
Memphis Div
10
7
34
98 %
88
A Conv gold 4'%s _:
Chicago St L & New Orleans 5s
2
a
109
112% 113
56%
A
Western
ACertificates
102% 102%
32 3
109
109
45
1994
ser
&
ser
§ A Refunding
102%
32
124
JChicago Rock Isld & Pacific Ry—
M-N
4y2s A
124
10
mtge 3s ser B
1963
Atlantic & Danville Ry 1st 4s
Second mortgage 4s
Atlantic Refining 2%s debs
124
55
A
ser
Chicago & North
95%
Line
1st
!•
120
120%
132
*-_
105 Va
Fe—
Adjustment gold 4s
Stamped 4s
&
—
—
124
54
A
ser
4'%s inc
§ASecured
General 4s
Atlanta
*96
—
84
107'A
124
Chicago Ind & Louisville Ry—
AGeneral 4s
84
84
107
103%
54
conv
102%
143%
103%
12
J-J
mtge 4'%s inc ser A__Jan 1 2019
102
130
27
131 'A
-Jan 1 2038
4'%s
mtge
4'%s
101%
34
103% 104
78 '/a
Gen
102 %
104%
55
100%
A-0
101
80
90%
A-O
103
78%
81
1995
Arbor 1st gold 4s
A P W Products Co 5s
107
51%
39
79%
91%
1969
Ann
99%
45
J-J
90'A
68
30
99%
M-N
90%
146
105%
1988
J-J
1,864
103%
103 % 104
M-N
1st
97%
21
1982
Chicago Ind & Sou 50-year 4s
102 'A
108
130
104
J-J
1985
mtge
103%
110%
102
F-A
103'A
96 Va
33
21
*100
F-A
1970
94%
108
36%
24'A
102% 102%
99%
J-J
1985
2%s
Chicago & Eastern 111 RR—
93%
96'A
40
24
27
*44
F-A
106
103%
102 %
J-J
119
101 %
41
24%
103% 103'/a
A-O
1977
B
a
J-D
25%
5
_
1958
ref
96 7
J-D
109%
108
23
31%
Chicago Burlington & Quincy RR—
95'A
1987
3
27
32 Va
*26
J-J
94%
93%
J-J
1989
93 Va
93'A
20
_
31 Va
J-J
94%
105%
108% 108%
_
31%
31%
F-A
93 'A
J-D
108%
J-J
M-N
F-A
A-O
18%
M-S
A-O
1962
debentures
109'A
88
52
*14%
66'/a
108%
100
1957
23As conv debs
Amer Tobacco Co deb 3s
106%
104
106% 107 Va
106 %
J-J
17'A
42%
57
1996
inc conv 5s
1st mtge 3%s ser B
1972
*85
7%
8
*51
A-O
17%
8
--
8
J-D
1996
ref mtge
105
M-S
67%
1992
gold 4s
&
101A
A -O
39
gold 4s__„__1989
cons
1st
104
,.t
1st
21 Va
100%
1956
24
11
7%
A
Chesapeake & Ohio Ry—
General gold 4'%s
Ref & impt mtge 3'%s D
Ref & impt M 3'%s series E
18
*104%
Allis-Chalmers Mfg 2s debs
Amer & Foreign Pow deb 5s
50
*9
&
ref
*100%
/.
ref gtd
series
&
M-N
2
1974
3s
to Aug 1
RR
&
Af-S
104
48%
F-A
ref
&
1st
COMPANIES
107% 107 s. a
48%
1949)
1974
Banking Co
5s stamp
(partial redemption)__1942
Champion Paper & Fibre deb 3s—1965
1st
5 A Central
1st
1967
*100
M-N
F-A
90
1948
A-0
102%
gold 4s_1949
102
: ;
Albany & Susquehanna RR 4%s__1975
|f Alleghany & Western 1st gtd 4s__1998
Power
1st
84%
U
.74
High
79
1987
York
New
AGen
i;
1987
registered
Central
100
85
96%
J-J
62
86'A
83 %
91%
4-4%-4 %s extl readjustment—__1978
3%s extl readjustment
1984
External conversion
89%
Low
18
1987
'
89J
Af-N
A Warsaw
A4s
R & A Div
—
readjustment
S%-4V0*4&s extl
130
__
1979
1979
External
■
January 1
No.
20%
*120
334.4.41/38
A
—
10%
*120
sink
AExternal
rl
\'ti
80%
5
Range Since
Sold
89
A-O
4s
i(4'A%
AExternal
I
65%
—
(Kingdom)—
High
88Va
A-0
A5s registered
55
85
Bonds
Friday's
89
1959
B,
4s__1951
1946
Light 3'%s
1966
J gen gold 5s
1987
Central Pacific
Stamped pursuant to Plan A
(Int reduced to 3.5%)
or
Bid & Asked
F-A
Nov 1945
1945
,1959
5s
5'%s series
gen
JACentral of N
60
^
f!:
&
AGeneral
(Int reduced to 2% )
Week's Range
tCentral of Georgia Ry—
41
*36
Sale Price
Low
46
J-/
Last
Period
Stock Exchange
High
Stamped pursuant to Plan A
s
York
Central Illinois
Stamped pursuant to Plan A
tint reduced to 2.25%)
fASecured
New
§ A 1st mtge 5s
§AConsol gold
1956
A6s extl dollar loan
Interest
BONDS
Range Sinco
Sold
—
—
1999
A7s extl water loan
Bonds
1993
J-J
79%
79%
79%
33
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4647
Volume 166
NEW
YORK
RANGE
Friday
Interest
York Stock Exchange
New
Sale Price
or
Friday's
Bid & Asked
Low
Denver &
mtge
Denver
2018
1966
1970
3s
----19°^
gold 4s 1995
Detroit & Mackinac 1st lien
a
1995
Term; & Tunnel 4,/2S_-_---196l
& Iron ton RR 2%s ser B—1976
Second
Detroit,
Det Tol
gold 4s
49
49 Vi
Apr
Low
50%
58
38%
York Stock
MS
104 3
J-D
4
7
1
106'A
109
104% 104%
19
104%
13
99%
J-D
*67%
*55
63
M-N
103'A 103'A
0
36'A
J-3
36%
50 Va
1
86
97
69
62%
70 Vi
J-D
J-J
Ed El 111
1st cons gold 5s—-1995
(NY)
100
73%
1st
stamped..
5s
Erie
Railroad
Gen
94%
97%
37
32
30%
1st
E
mtge 3Vbs ser P
cons
1st
cons
1st
cons
Ohio
3 Vis
mtge
G
ser
mtge 2s ser H
Div
103
M-S
A-O
*102
A-O
2015
1964
1990
2000
r1953
1971
A
inc 4Vis series
mtge
*
37%
114
152
103
104%
102%
102%
*—
184%
180
187
102% 102%
101
105%
Lake Sh & Mich Sou gold 3Vis
1997
J-D
1997
J-D
1st
mtge 3V*S—
64
83%
84 V8
registered
Lautaro
;
J-3
84'%
J-3
*
M-S
81
59'A
99%
102%
83%
94%
8
84 %
99%
M-S
—
—
""
84 Vi
99%
103
A 1st
3s deb
1961
M-N
1st 4Vis
1959
J-D
Tire & Rub
&
ref
of
103
*102
&
5s
94
100'A
105%
97
1964
5s
r- a
1974
sink fund 5s
40
103
Leh Val Harbor Term gtd 5s
1954
Lehigh Valley Ry Co NY 4Vis ext-1950
Lehigh Valley RR—
4s stamped modified
.2003
4s registered
2003
4Vis stamped modified
2003
4 Vis registered
2003
5s stamped modified
2003
M-S
1956
M-~N
49
49
deposit
Francisco Sugar coll trust 6s
50%
21
49 Va
12
Little Miami gen 4s
Long Island unified 4s
Guaranteed ref gold 4s
49 Va
101%
*102'/a 103 Vi
72%
65%
106
4s
Co deb 5s
(P)
Louisville
Gas
Louisville &
1st
A4s
(E F)
1st
Co
Northern
General
5s
MS
*84
85'A
M-N
98
98 '/4
Ry Co—
series B
5Vis
General
__1952
J-D
J-3
115
114% 115
0
J-3
1976
J-J
Gen
mtge 3Vis ser N
1990
J-J
98%
0
115%
15
Gen
mtge 3 '/as ser O
2000
J-3
*93 Va
85
mtge 2%s ser P
1982
J-3
89 Va
89'A
Gen
mtge
2%s ser Q
J-3
Gen
mtge 2 Vis ser R
2010
1961
A Green
A
Debentures
Mobile
ctfs
1959
.
1st &
Gen
Gulf
55
~8%
"l
100% 100 Va
2
8%
A-O
62
G2'%
4
58
65 '/a
65%
66
3
65
82
M-N
31%
31%
33%
28%
30%
M-N
33%
1969
ref 3%s series D
98 %
104%
104'A
89»/a
98%
91
91%
99
65
7'A
100
..1976
96%
17
96
68 %
69
27
6 7'A
95
95
12
95
53 Vi
54%
78
52'A
~
98'A
101%
Household
Hudson
Coal
1st
Corp
f
s
5s series
a
Manhattan
&
1st
Adj income 5s
80
123
20
128 '/a
111%
116
118
111% 112%
M-N
118
100 %. 100%
1017/a 102%
100% 104
100% 100%1
100 3/4
M-S
M-S
M-S
*110 %
F-A
102
110%
__
104
115%
102
106
105%
107%
101 Vi
108%
12
91
98'A
10
96
103 Vi
M-N
111
112 Vi
1960
J-D
102
*
103
107%
—
101% 102 Vi
A-O
28
*110',4 118
72%
1
97%
84
8
81%
78 '/4
M-N
11
98
83
83
M-N
73
98
73
J-D
78'A
1
78'A
66%
99
98
j-j
77%
102
93
80
100'A
101%
J-D
100% 101'A
M-N
*100
A-O
*100%
M-N
06'/a
101%
1st
2%s
{§AMidland of N J 1st
1969
1940
mtge
17
103%
100 »A
106'/a
102'/a
98%
102
__
99 'a
Va
3
99%
83
99
J-J
83
ext 5s
4 Vis
mtge
4
99'/a
80
M-N
1957
F-A
60
56
60
163
48%
A-O
18
16%
18%
323
13%
85 %
85%
106 %
86
38
106%
49
79
106%
Jan 1971
inc ser A
104
95
J-J
1951
J-J
*103
—1951
J-J
*101%
1-100
987a rlOO
28
98%
*88 Vi
J-J
43%
55
100%
58%
46%
47'A
25
43
58%
74
74
74%
44
69%
95%
76 Vi
_
ACum
adjust 5s series A—Jan 1967
{Missouri Pacific RR Co—
A-O
53
63'A
A 1st
76%
23%
AGeneral
1965
1975
1977
1978
r-A
4%s
B—
series
ref 5s series A
&
4s
ref 5s series F
&
& ref 5s series G
&
A 1st
105%
.
D__
&
22
79
66
76'/a
--
lien
97
46%
RR—
series A
series
4s
88%
89
J-J
J-J
109%
111
J-D
J-J
lien 5s
A Conv
1981
54%
54%
A-O
J-J
90
106%
99%
1978
Prior
J-D
15
M-S
1962
102'A
1962
97
107% 107'A
107%
1962
Prior
40-year
96%
__
MS
Minn <St Paul & Sault Ste Marie—
140%
*96
2%s series A
127%
111%
M-S
A 1st
Telep
67
*121
A-O
1951
A 1st
Bell
10
1955
4s
A 1st
Illinois
52%
68%
91
gold 3%s
& impt 4Vis series C
102%
J-J
A
5s
39
68
11952
1979
Michigan Cons Gas 1st mtge 3%s_1969
1st
96%
1970
A
43
96%
C^tral—
Jack Lans & Sag 3%s
131'A
*119
Hudson Co Gas 1st gold 5s
Hudson
*96% 102%
J-J
2%s
43
41'%
91
& coll 4s ser B
Missouri-Kansas Texas
M-S
Feb 1957
Finance
457/a
32%
39 %
39 Vi
M4f
96
mtge 4s inc ser A—L.Jan 1991
Mo Kansas & Texas 1st 4s
.1990
1949
Hocking Valley Ry 1st 4 Vis
31
72%
98 'A
M-N
105%
H
2%s.„1978
1999
36
34%
M-S
AGen
1st mtge
27
35%
Michigan
1st
Hackensack Water
1
33%
*30 "2
M
1st mtge
9%
104'A
95
A-O
2044
mtge inc 4s ser B
Util 1st M 2%s
30 %
42%
39%
74
A-O
1954
Manati Sugar 4s sink fund__Feb 11957
AManila RR (Southern Lines) 4s._1959
May Dept Stores 2%s debs
1972
Mead Corp 1st mtge 3s
1966
Metropolitan Edison 1st mtge 27/8S_1974
Metrop Wat Sew & Drain 5Vis—1950
68'
J-J
76
62'%
1-j
2003
2003
1980
series F
G
gold 3s
Maine Central RR 4Vis ser A
S6
J-J
2015
87
r-A
117%
54
1973
States
3%s
M 2%s ser
129
Ref
mtge inc 5s series A
M
ref
ref
133'A
RR
1st & ref 4s series B
Gen
91%
82
Nashville RR—
114%
81»A
81'A
*62
Feb
B
Ohio
&
91%
J-3
Feb
Bay & West deb ctfs A
Greyhound Corp 3s debs
Gulf
*80
5
84
*1
85
101 Va
95%
95%
Gen
82
__
103 '/a
62
98%
87
~3
M-S
117
__
87
83
85 Vi
1966
Elec 3%s
Atl Knox & Cine Div
86%
.98
101%
101%
83%
A-O
128 Vi
8
128%
1973
C
77
34
—
—
—
General 4Vis series D
series
&
1st &
105%
&
St Louis Div 2d
1969
mtge
Grays Point Term 1st gtd 5S
Great
104
23/4S_1965
1947
debs__
inc
conv
Goodrich
*103%
J-D
101%
99%
1963
debentures
3s
Gas & Elec of Berg Co cons 5s
.1949
General Realty & Utilities Corp—
series A
stamped
Lorillard
91%
101%
100%
__
*83 %
M
A-O
105%
96
__
85%
1951
1962
1949
1949
1949
1951
Tobacco 5s
103'A
49
6
':'S'5%
A-O
102%
75%
*99 % 100
1974
;
Myers
99%
6
97
,;,99%
M
1964
stamped
103%
96
91
96
1954
sink fund
ref
a-o
91
94
93%
91
1970
stamped
1st &
Dee
..1954
sink fund 5s
ref
100'A
1037/a
49'A
.1974
series A
5s
ACertificates
103
37/a
•
5s stamped
Liggett &
{Florida East Coast
1%
94
"91
1975
mtge income reg
Lehigh Valley; Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s—..1963
Firestone
1%
y-
Nitrate Co Ltd—
1st & ref
1st
112%
19
99%
1%
M-S
E
3%s
105% 113
44
63 %
*
83%
112%
A-O
106'A
—
68%
112%
—
A-O
155
2
106 Vi
High
108
J-J
121
4
115
63%
A-0
53
106'A
1961
unguaranteed
5s
J-3
Low
50
106%
'•"112%
Range Since
January 1
70
Co—
1st cons mtge 3 Vis ser
No.
1997
1964
1958
101 Va
150
i._lS65
5s
Sold
Kings County El L & P 6s
Koppers Co 1st mtge 3s
{AKreuger & Toll 5s ctfs
55
97
114
103
1965
El Paso & S'western
MO
J-J
110%
86
114
1970
Elgin Joliet & East Ry 3Vis
High
Bonds
100
22
*145
J-J
Friday's
J-J
.1961
Plain
A 1st
M -N
or
Bid & Asked
J-J
1961
,
-
Lehigh Coal & Navigation Co—
S F mtge 3 Vis scr A
Lehigh Valley Coal Co—East Tenn Va & Ga Div 1st 5s—t.1956
Sale Price
109%
99 Va
99 %
99%
M-S
Week's Range
Last
Period
Exchange
Low
59 Vi
69'A
69
MS
At! gold 5s__1937
*§ADul Sou Shore &
Interest
BONDS
New
High
107% 107%
J-J
1961
2.35s debs
Chemical
Dow
14
Stamped
■
-1993
series H
Gen & ref 2%s series I
ref
&
No.
Range Since
January 1
4%s
fixed
(3%
mtge
contingent int)
Detroit Edison 3 %s series G
1%
Gen
Sold
Lake—
Salt
&
Income
High
-
contingent int)
RECORD
Kentucky & Indiana Term 4Vis—-1961
A (4%%
ser
BOND
ENDING NOVEMBER
Friday
Bonds
(cont)—
Grande West
Rio
A Income
WEEK
Week's Range
Last
Period
BONDS
FOR
(2015)
67
i'j
10
71
_
.53
76 Vi
—
—
48
82%
78%
41
62 V*
85
35'A
658
77 %
77%
79'A
104
77%
77%
79
33%
a
22'A
22 Vi
M-N
33
23%
129
—1949
1980
A-O
77
77
78 %
21
1981
r-A
77
77
79'A
122
gold 4s—1991
M-S
62
62
63 Vi
1966
F-A
*__
104%
M-N
102
102
gold 5 Vis ser A
ref gold 5s series H
ref 5s series I
85%
86%
49
M-S
33 7
96
61
54 Va
M-N
M-S
75
69%
18%
39%
62%
85
63
84%
15%
32
63
84%
62%
85
Illinois Central RR—
1st
gold
1st gold
4s
3Vis
Extended
1st
1st
gold
3s
Collateral
gold 3Vis
sterling
trust
Refunding
1951
1951
M-S
1952
gold 4s
4s
A-O
A-O
1955
1952
trust
1953
5s
40-year
gold 4s
1955
F- A
1950
Bridge gold 4s
Litchfield Div 1st gold 3s
71
96
38
%
96 A
96
94%
#
M-N
1966
4%s
Cairo
99 Va
94%
M-N
Refunding
95%
96'i
J-J
Collateral
101%
__
96
M-N
Purchased lines 3Vis
102
__
J-D
104'A 105
77
77
77%
1951
J-J
J-J
99%
99%
F -A
97
97
St Louis Div & Term gold
Gold 3 Vis
J-J
Springfield Div
Western
Lines
1st
1st
gold
1951
1951
3 Vis
Joint
1st
1st
&
ref
*97%
J-J
F-A
1st ref
4 Vis
102
102
101 Vi
9
98
100
4
96
100
__
97
97
98%
2
—
101%
100
99
103%
101%
87 %
89 %
22
81'A
987/a
82'A
11
73
92%
Indiana 111 & Iowa
1950
J-J
—
1st gold 4s
Indianapolis Union Ry Co—
Ref & Imp 2Vis ser C
„1988
{International Great Northern RR—
6s series A
Adjustment 6s series A
1952
July 1952
gold 5s series C
B
77%
95%
—
1
—
—
—
70
85%
95
101%
99%
1017/a
97 Va
98
43
65%
57%
57%
59
38
20%
A-O
20
20%
56
14%
1956
J-J
53
53
5
40 Vi
53
53
5
42
59%
68 Va
68%
28
102% 102%
2
1944
A-O
1972
M-N
68'A
"
68
54
53
54 '4
68
53
63
68%
68 VA
68%
10
65
74
M-N
62 'A
62 >A
64 %
22
59
68
94 Va
98%
*
M-S
.1986
Products 2%s debs.1970
National Steel Corp 1st mtge 3s__1965
National Supply 2%s debs
1967
ANaugatuck RR 1st gold 4s
1954
Newark Consol Gas cons 5s
1948
New England Tel & Tel 5s A
1952
1st gtd 4 Vis series B
—1961
N J Junction RR gtd 1st 4s
—1980
New Jersey Power & Light 3s
1974
New Orleans Great Nor 5s A
1983
New Orleans & Northeastern RR—
Ref & Imp 4 Vis series A
1952
New Orleans Term 1st gtd 4s
1953
{New Orleans Texas &f Mexico Ry—
§ANon-cum inc 5s series A
1935
ACertificates of deposit——r
J-D
1st mtge
A 1st 5s
105
3s ser B
of
ACertificates
of
92
99%
103
J
1959
J-D
70%
70%
71
11
70 Vi
Jersey Central Pow & St 27/sS
1976
M-S
97%
96%
97%
9
96%
Jones &
1961
J-J
102Vi 102 Vi
4
102
93
105%
104%
105%
105% 105 'A
*__
1954
Cons
4s
&
&
series
3Vis
registered—
Lake Shore coll gold 3Vis
.1976
1st mtge 4s ser A__
Kansas City Terminal Ry 2%s
Kentucky Central gold 4s
For footnotes see page 29.
J-D
.1950
A-O
103%
.1975
A-O
97%
.1974
A-O
.1987
J-J
'100%
97%
97 Vi
99
104
3
11
105
100%
__
103% 103%
*__
100
105%
103%
104%
97%
105
100 %
105%
122
123Vi
3%s
registered
Mich Cent coll gold
3Vis
registered
New York Chicago & St Louis—
Ref mtge 3%s ser E
3 Vis
1st
mtge
3s
ser
F
99 Vi
14
105 Va
99%
104'A
106%
101
101
106%
109'A
119%
124%
103%
109
1
101
105
9
——
■» —
101 34 101%
1
102
106
J-J
102%
102 Vs 102%
19
101
106%
A-O
105%
103% 105%
102
102
J-J
104%
98 Vi
97
*__
98'A
*__
102
93 %
F-A
78 Vi
78%
—
99'A
106
80
83%
99
99 Va
30
81%
83
99
A-O
100
87
96
101%
95%
97%
51
94
79
95
86
106%
86
101'A
90%
102
105%
102
102%
*86
—
90%
—
61%
81%
1998
F-A
Vi
93
T2013
2013
A-O
68%
67 Vi
69
164
64 Vi
82%
A-O
76
76
76%
116
72 3A
92 Va
82 Va
A
impt 4Vis series A
impt 5s series C
General mtge 3%s
*—
101'/a
101%
J-J
New York Central RR Co—
Ref
99 3 4
90
—
1956
92
103
99
*103% 104%
M-S
F-A
series D—,
of deposit
1st 5Vis series A.
ACertificates of deposit
37
103 Vi
119% 119%
M-N
F-A
1958
4Vis
Ref
11
104 Va
98%
J-D
J-D
3
92
99% 100
*103%
62%
N Y Central & Hudson River RR—
K
A-O
93%
*90
M-N
A-O
deposit
92
103
J-D
deposit
A 1st 5s series C___——_—
A 1st
A-O
1954
series B
ACertificates
—
106
997/a
James Frankl & Clear 1st 4s
.1990
78
106
103%
Chattanooga & St Louis—
National Dairy
A
102'A
60
104 Vi
100'A
J-D
ACertificates
Laughlin Steel 3 Vis
.
4
M-N
F-A
59%
J-J
SAInternat Hydro-Elec deb 6s
.
N
Nashville
30
1956
Int
Rys Cent Amer 1st 5s B
97%
*100% 103
$
J-D
J-J
77%
3
—
84%
100%
82
*96 Va
1958
2000
1955
Constr M 4Vis series B
—1955
Mountain States Tel & Tel 2%s—1986
108%
98%
88'%
—
Monongahela Ry 3%s series B
& Co 3s debs
Morris & Essex 1st gtd 3%s
Constr M 5s series A
106
67'A
82
3-D
series
98%
106 Va
3-D
J-J
5s
102
Moh'k & Malone 1st gtd
Morrell (John)
100%
3-D
1970
A 1st
100%
89
1963
mtge 4s ser D
A 1st
93%
1963
1963
A
101'A
O—
series A
series C
Illinois Terminal Ry 4s ser A
A 1st
99%
71
93%
*98
102
*100
ref 5s
36
——
Registered
111 Cent and Chic St L & N
52
__
J-J
1951
1951
gold 4s
102
98%
18
*106% 109
Louisville Div & Term gold 3Vis_1953
Omaha Div 1st gold 3s
1951
3s
3
99%
105
101%
62
64
96
8
80 %
78 %
94
F-A
66%
67%
8
66
81%
F-A
60 'A
60 Va
1
731/4
74 Va
€3
63
12
62%
77
1997
1997
1998
-1998
1998
1998
J-J
80%
J-J
*73%
.1980
J-D
1986
A-O
F-A
r-A
63
*60
92%
*88
80
66%
57
92%
92 Vi
89
89
72'A
101%
97%
27
28
THE COMMERCIAL & FINANCIAL CHRONICLE
(2016)
NEW
YORK
RANGE
Friday
Interest
New
Stock Exchange
York
Last
Period
BONDS
Sale Price
N Y
Friday's
or
Bid & Asked
*93'A
A-O
F-A
Cormecting RE 2%s ser B—1973
Dock 1st gold 4s
1951
N Y & Harlem gold 3%s
2000
Mtge 4s series A
2043
Y
1
2043
4s series A—.-1973
Mtge 4s series B
N Y
Lack
&
West
4%s series B
1973
JN Y New Haven & Harford RR—
§ A Collateral
A Debenture
1st
&
ref
A Gen
*101
66
4s
Jf-N
72%
mtge
U-N
2007
A
4s ser
14
BONDS
~9'A
Interest
101%
99
103
110
Aplttston Co 5%s inc deb
Potomac El Pwr 1st M 3%s
—1964
J-J
1966
J -J
1st mortgage 3'As
1977
66
80
J A Providence
4s
Terminal
72%
73
6
68'A
85%
36
53%
83
1968
1st & ref mtge 3s
1st & ref mtge 5s
73
1st & ref mtge 8s
9%
9%
46
9
Week's Range
or
Friday's
Bid & Asked
High
100'A 100'A
*105%
1972
2037
2037
Bonds
Sold
No.
1
J-J
64%
60%
64%
946
60 %
27%
29%
574
27%
98%
98%
98%
8
97%
104%
101%
107%
113
113
113
113
14
10
*90
100
J-J
*~
108
106
106
J-J
*140
164
162
J-D
*225
164%
237
242
Jf-N
17
108'A
111
108%
38%
Jf-N
High
98%
70
27%
Low
Jf-S
20%
May
Range Since
January 1
106%
__
Jf-N
1956
Public Service El & Gas 3%s
100 '/4
F-A
1957
J A Providence Securities 4s
4
Sale Price
Low
110%
103
112%
i
Last
Period
Stock Exchange
High
92%
21
New York
72
A-O
mtge conv inc 4'/2 s ser A_2022
Low
66
1940
6s
No.
103
66
RECORD
NOVEMBER
January 1
103
*—
J-J
Jf-N
ENDING
Range Sinee
Sold
*101
...
BOND
Friday
Bonds
94
J-J
1957
trust
High
99'A 100'/a
Jf-N
WEEK
Week's Range
Low
N
FOR
Monday, November 17, 1947
t A Harlem River & Port Chester—
1st
1954
4s
M-S
9
8%
9
14
8
1955
J-D
4'A
4%
4%
48
3
Light 1st mtge 2%s_1975
Jf-S
98%
99'A
8
JAN Y Ont & West ref 4s„_June 1992
A
General
4s_
N Y Power &
N
Y
&
Putnam
N Y
State
N
Steam
Y
1st
Elec
gtd 4s—1993
cons
1977
2%s
Gas
&
61
A-O
J-J
1963
JN Y Susquehanna & Western RR—
§ 1st refunding 5s
1937
§ A2d gold 41/2s
1937
—
J-J
61
'
-
J-J
1st 3 %s
Corp
Y
Telephone* 2%s
D
——
6
40
*__
—
34
83
83
5
J-J
98'%
99
13
—
—
~9
J-J
*14%
16%
9
9%
98%
59
103%
107
9%
166
43
f
98%
9
17%
92
101%
20%
Reading Co 1st & ref 3%s ser D—1995
Revere Copper & Brass 3 Vis
1960
Rochester Gas & Elec Corp—
Gen mtge 4Vis series D
1977
Gen mtge 3%s series H
1967
Gen mtge 3%s series I
1967
Gen m.tge 3'As series J
_1969
J§AR I Ark & Louis 1st 4%s
1934
j A Rut-Canadian
J§ a Rutland
1966
US
—
3
108% 108%
107%
lien
1997
1997
3s
A-O
41
128%
A-O
41
40
us
49
6
124
122%
—
33%
—
128
128
99%
Q -J
99% 101%
108
110
108%
110
us
*93%
99%
us
58'A
58%
—
3s
1971
M-S
_
1996
J-J
*__
1996
Power
Saguenay
A-O
*__
1958
J-J
A
ser
1st gold 5s
& Adir
*__
Q-J
63%
103%
99
109 Va
8
64'A
60%
1st
76%
72%
92
92
19
90%
101
2047
J-J
93
96
6
92%
104
2047
J-J
92
92
95
19
92
103%
Coll trust 4Vis
Northern States Power Co—
_1975
US
98%
98%
99%
75
98%
103%
*60'%
61
65
mtge 4s ser A
2nd
A
5t
& P 5s stpd
1974
.
1997
mtge inc 4 Vis
1st
4s
ser
A 2d
102
F-A
May
98'A
A-O
1977
A-O
4
102
98'A
98%
—
bond
inc
4s
bond
13
—
98
104%
98'A
101%
JSt
104%
98%
ctfs
Paul & Kansas
§AShort
1989
Nov 1989
1990
Line
City—
gtd 4%s
RR
82
U-N
guaranteed 4s
Ohio Edison 1st mtge 3s
1948
J-J
1974
US
1975
A-O
1975
F-A
A_1960
A-O
2%s
Oklahoma Gas & Electric 23/4S
Oregon-Washington RR 3s
ser
11%
11%
12
101% 101%
96%
96%
95%
103%
96%
12
10
19
10
101%
107%
10
96%
103'A
5
95%
103
44
103 %
95"%
103% 104'A
106%
I
J
1968
J-D
1st
&
ref
3s
series
1970
J-D
1st
&
ref
3s
series
K
1971
J-D
1st
&
ref
3s
series
L
1974
*108'A
102% 103%
*103
J-D
101%
1st
&
ref
3s
series
M
1979
J-D
101'A
1st
&
ref
3s
series
N
1977
J-D
1st
&
ref
2%s
series
P
1981
J-D
1985
J-D
2%s
Tel
2%s
debs
debentures
Paducah & 111 1st
1986
f gold
s
94%
J-J
5s_1949
cons
28
109
101%
108'A
109%
101% 102
22
101'A 101%
54
101'A
101
A-O
1955
4 Vis
Paterson & Passaic G & E
—
108%
102'A
—
104%
*97
&
—
12
101
101
99%
94%
97%
—
-
Jf-S
95
98
101%
96
14
12
*104
94%
97
109
109%
109%
104
104%
103%
104
103% 103%
3
104
103%
106%
Pennsylvania-Central Airlines—
A3Vis
inc debs
conv
Pennsylvania
Gtd
4s
series
E
trust
Glass
Pennsylvania
Power
1st
ctfs
Sand
&
„1952
3V2s
Light
1960
f
41
41
43
53
Jf-N
101% 101%
J-D
103 3
a
103%
104%
A-O
99%
21
99%
105
1948
Cons
Jf-N
101 iV
101 &
101%
9
101392
sinking
General
4Vis
General
General
Gen
4'As
mtge
Conv
Gen
deb
K-N
101 3°2
101 392
101%
3
101 392
113% 113%
7
110
100
&
Pere
3'/8s
Eastern
D
99% 100'A
99% 100
61
Bait
4s
83
90
78
105
47
25
1998
J-J
100
J-J
62
Line
Union
RR
2%s
series
93 'A
52
92
118%
92 %
33
91%
118'A
A-O
97
97
99'A
77
97
103%
J-J
77 3A
773
78%
11
77
101
A-O
D
1980
60%
Apr
Jf-S
ser
debs
tr
1977
4'As
17%
60%
16%
18
100% 101%
F-A
J-J
1961
*110
-
J-D
U-N
1974
106
J-D
1937
j-jr
1964
FA
Pittsburg Bessemer & L Erie 27/8s__l996
Pgh Cine Chicago & St Louis Ry—
2%s
ref
23As
A
Certificates
of
f
s
4s
100%
1949
Cons
4s
series
P
1953
Cons
gtd
4s
series
G
IIl957
I_1960
IIl963
I
Cons
gtd 4'/2s series J
1964
Pgh Cine Chicago & St Louis RR—
Gen mtge 5s series A
1970
1st mtge 4Vis series B
1941
f§ASilesian-Am Corp coll tr 7s
A-O
F-A
Skelly Oil 2%s debs
1968
1976
101'A
5s
series
11'%
100% 101%
100
102% 102%
*106
15
16
14
14%
8
—
9
11%
}-* O O
104%
99
100%
102'A
102%
115%
112
121%
118
*—
108
112
112
Jf-N
*~
114
102
101% 102
A-O
102
101% 102
A-O
*88
89
3
—
28
101%
101%
1979
debentures
debentures
1985
debentures
1987
Indiana
Pacific
1st 4Vis
1994
Ry 23As
99%
40
93
55
99%
99%
18
94%
96
62
*124
99%
94%
98
103%
100%
126
126
A
1977
1969
Gold 4%s
Gold
1981
4 Vis
1st
San Fr Term
Pacific
Southern
1st
mtge 2%s
1st mtge
1st
mtg3%s serA_1978
RR
ser
1988
1996
1981
1994
1956
1956
1956
1998
1951
gold 5s
Devel & gen 4s series A
Devel & gen 6s series A
Devel & gen 6Vis series A
Memphis Div 1st gold 5s
Ry
F-A
101
95
St
Louis
1st
cons
1st
Div
101
95%
95
*96%
6
101
109'A
14
95
104%
99
J-J
103%
97'%
83
83
—
10
81
jr-s
100%
Jf-N
92%
91%
92%
64
Jf-N
91'/a
90%
91%
47
J-D
100'/a 100%
—
—
86%
J-J
81
J-J
81
115%
J-J
—
97
90%
8 3'A
8 3'A
100
102%
98'%
100
104
112%
A-O
3
92
93
24
— —
Apr
—
—
91
103'A
13
103
116'A
109
98
*49
65
94%
95'A
14
117
103
105
105%
97
104%
45%
56%
16
102%
106'/a
38
94%
*100
J-J
121
108%
*102
94%
J-J
.
128
47
102% 102%
F-A
89'A
114'%
84
97
J-J
94%
94%
104%
*108%
J-J
87
80 %•
91%
110'A 112'%
104
A-O
__
92
115% 116%
92
A-O
1966
1973
Sunray Oil Corp 2%s debs
Co 2%s debs
81%
*
J-J
1971
deb 2%s
(N J)
—
7
Co—
E
2%s series F
mtge 2'As ser G
Southern
101
J-J
J-J
Co—
(Oregon Lines)
Swift &
99%
101
•
103%
100
100
103%
DO
Terminal RR Assn of St Louis—
M 4s ser C
2%s series D
Texas Corp 3s deb
Texas & New Orleans RR—
1st & ref M 3'As ser B
1st & ref M 3%s ser C
Texas & Pacific 1st gold 5s
Gen & ref M 3%s ser E
Texas Pacific-Missouri Pacific—
Term RR of New Orl 3%s
Ref & imp
Ref & imp
2019
1988
1968
II!
J-J
120
105%
84
A-O
96
96
9 6'A
5
A-O
95%
95%
96
1974
J-D
130
J-D
97
130
96'%
97%
101% 101%
8
6
129
101
101
105
Jf-N
J-J
1st ref 4s
1960
AAdj income 5s
Jan 1960
Tol & Ohio Cent ref & Impt 33As__ 1960
Trenton Gas & Elec 1st gold 5s—1949
Tri-Continental Corp 2%e debs_-1981
120
*
105
A-O
1970
1990
2000
1988
106%
104%
96
107%
103%
92%
130
991/4
137%
16
96%
105
2
101%
104
J-J
85'A
84
87%
97
A-O
64
58%
65%
1,320
41
70
J-D
99%
99'% 100
5
96
100%
104
105%
MS
*103%
US
97%
—
97%
79 V4
97%
100%
102
u
Electric
Union
1st
of Mo 3%s
tr 2%s
Calif 3s deb
mtge & coll
Oil
Union
of
debentures
23As
1971
1978
1967
—1970
109% 110
10
109%
112%
A-O
100
100
100%
10
100
104'A
J-J
102'A
102'A 102'A
2
102
105%
Jf-N
99'A
99'A
10
99'A
100'A 101'A
J-D
12
100'A
104%
Pacific RR—
Union
debentures—
2%s
Ref
Co
mtge 2%s series
C
1978
1991
1968
U S
1976
2%s debentures
1967
Universal Pictures 3%s debs———1959
debs
Rubber 2%s debs
United Biscuit 2%s
F-A
90
MS
91%
24
90
106%
98%
A-O
*99% 102
99%
103'A
Jf-N
*__
93%
93 Vt
100%
97%
98%
100%
98%
98%
102%
98%
103 Vi
Vandalia RR cons g 4s Berles A—1955
F-A
—
1957
Jf-N
Cons
U-N
J -J
J-D
*102% 104
102
102
103
103
103
J-D
J-D
*75%
*103% 104%
A-O
Jf-S
127%
87
102%
104
100'A
104
102%
105%
102%
105%
s
f
4s
series B
Virginia Electric & Power Co—
1st & ref mtge 23As ser E
1978
Va Iron Coal & Coke 1st gold 5s__1949
Va & Southwest 1st gtd 5s
2003
1st
cons
98%
75
75'A
75'A
73
75%
73
109%
99%
.
98%
107%
109% 109%
104%
100'A
111
99
99%
98
106
99%
*97
A-O
Jf-N
91%
99
99
*99% 100
Jf-S
99%
106%
91%
75 %
*99
Jf-S
1998
109'A
108
*105
107
J-J
1958
5s
Virginian Ry 3s ser B
81
92
J-D
*101'A 102%
101%
103
F-A
*115
115
117
J-D
*115
1977
40
125 '/a
5
—
1974
29.
76%
95%
94'%
94 'A
119%
F-A
1948
C
101%
58 >A
25
Southern Bell Tel & Tel Co—
105
1962
41/<»s series D
For footnotes see
page
12%
F-A
A-O
B
99%
120
*39%
A-O
105'A
100'A
1958
A
102
64'A
95%
94'A
94'A
J-D
1963
100%
60%
J-J
Socony-Vacuum Oil 2Vis
South & Nor Ala RR gtd 5s
105%
99%
3
106
A-O
gen
100%
16
106
i960
een
16
107
1959
1st
100% 100%
107%
Youngstown & Ashtabula Ry
series
130%
105%
110
1st mtge 4'/2s series C
series
99%
*—
1st mtge 4Vis series B
5s
108ya
10
1950
mtge 4 Vis series A
4s
105
37
Jf-N
Pittsburgh & West Virginia Ry
gen
126%
J-D
Plttsb Coke & Chem 1st
mtge 3%s_1964
Pittsburgh Consolidation Coal—
3'/2s debentures
1965
Pittsburgh Steel 1st mtge 4'/2s
1950
gen
120
1975
mtge 5s series B
Gen mtge 3%s ser E
1st
114%
1975
Gen
1st
130
12'A
J-D
1st
105
99'% 100%
F-A
gtd
Pitts
106%
100%
123%
*10'%
Cons gtd 3%s series E
1st
106
90
100'A 100%
deposit
Phillips Petroleum 2%s debs
Cons gtd 4s series H
Cons gtd 4'/2s series
39
105'% 106
J-D
ref
&
75%
12%
99 '/8 100
U-N
ig8i
&
59
121'A
J -J
1971
Il967
1st
4
35
*106'A 106%
Co—
23As
47
106%
95%
100
J-D
1971
Third Ave Ry
1974
J§APhilippine Ry 1st
"
92
91V
F-A
2%s
1st
125%
92'%
1974
B
Philadelphia Co coll
Philadelphia Electric
ref
102
92'%
5'As
5s
&
75
Co-
RR
32%
105'A
126%
129
Co—
& Sons 2%s debs_1960
Oil
45%
*127
122%
102%
118%
A-O
1960
Ry
gold 4'/2s series C
1st
102
96%
J-J
Apr 1990
& Wash
ref
102%
180
1985
ext
Union
104%
3
103%
98%
1952
F
ser
General
&
J-D
97'A
106%
1984
E
General
1st
97%
99%
1981
series
Marquette Ry 3%s
Phila
F-A
J-D
1968
B
4s
Pekin
&
i960
1965
A
3'As
A Income
Peoria
4%s
series
4'As
mtge
Peoria
fund
series
series
5s
dollar
57%
100'A
102%
104
1948
4s
stamoed
92'A
44
2016
Air
Standard Oil
A-O
79%
37%
93%
Jf-N
108
102%
309
412
88%
ASpokane Internat 1st gold 4%s__2013
Standard Oil of Calif 2%s debs—1966
101%
1
82
50'A
92'A
A-O
1975
gold
sterl
80
88%
gold 4s
Southwestern Bell Tel 2%s debs—-1985
10
Pennsylvania RR—
4s
90
92
100'A
97
92'A
67
1965
debentures
Consol
41
Co—
mtge 3s
s
A-O
Co—
Pennsylvania
3s
I960
105%
88%
mtge 4s ser A
Southern
Pacific Gas & Electric Co—
series
81%
88
J-J
U-N
Southern
3Vis
98%
__
A-O
2%s
Tel
15%
81%
48'A
F-A
2%s
Pacific
8
J-J
1941
3s
ref
13'%
12
J-D
1971
Paul
Shell
JOgdensburg <fe Lake Champlain Ry—
&
60%
8
109
*100
1989
Union Depot 3%s B
Scioto V & N E 1st gtd 4s
St
Seagram (Jos E)
A 1st
*108%
50
AGen mtge 4 Vis ser A
1973
1st
1st
8%
41
*100
J-J
2022
A
Ry—
certificates
AGen & ref gold 5s series A
Seaboard
mtge
8%
7
2
Louis-Southwestern
St Paul & Duluth 1st cons gold 4s_1908
1st mtge 2%s
1st mtge 23/4s
(Wise) 1st mtge 2%s
1st
8
St Louis-San Francisco Ry Co—
40
99
62'A
J-J
(Minn)
*128
US
99'%
US
J-J
99%
2047
&
M -a
J-J
35
impt 4%s series A
impt 5s series C
impt 5s series D
Ref
105
1949
gold 6s
St L Rocky Mt
Q-F
&
91
102
126%
Q-A
Ref
91%
103'A
136%
2047
&
91
*102
48%
127
126%
128% 128%
*__
US
Jan 1 2047
registered
Ref
91
Jf-N
1941
2d
registered
3s
stpd
4s
Jf-N
4%s stamped
RR
109
St Lawr
Northern Pacific Railway—
Prior lien 4s
4s
103%
Ry Co—
AGen mtge 5s conv inc
2014
Norfolk & Western Ry 1st gold 4s_1996
North Central gen & ref 5s
1974
Gen & ref 4Vis series A
1974
General
99%
77
103'A
105
83
99%
104%
—
Jf-N
99%
—
5%
29'A
F-A
1946
Niagara Palls Power 3%s
Southern
*36%
F-A
—
105'A 105%
1943
1982
5s
ser
J§AN Y West & Bost 1st 4%s
Norfolk
99
5
63
*—
1940
§AGeneral gold 5s
§ A Terminal 1st gold
N
105'A
.1964
Quaker Oats 2%s deb.
14
J-D
*118%
-
w
Wabash RR Co—
Gen mtge 4s inc ser A.
Gen mtge inc 4 Vis ser
1st mtge 3Vis
ser
B—
Jan 1981
Apr
1991
Apr
1971
Apr
82
82
78%
.
10
78%
82
*78
12
80
80
94
78%
92%
95 %
102%
~
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4647
Volume 166
(2017)
NEW
YORK
RANGE
FOR
WEEK
BOND
ENDING
RECORD
NOVEMBER
'
14
Friday
Interest
Last
Period
BONDS
York Stock Exchange
New
Sale Price
Bonds
Range Since
Sold
January 1
No.
Friday's
or
Low
Bid & Asked
Low
High
(Hiram) G & W 2%s debs_1966
M-N
*96
97%
Walworth Co conv debentures 3%s_1976
M-N
*—
93
Walker
—
98
100%
100
Ward
Baking Co—
5%s debs (subordinated)
1970
Warren RR 1st ref gtd gold 3%s„2000
Washington Central Ry 1st 4s
1948
Washington Terminal 25/8S ser A__1970
Westchester Ltg 5s stpd gtd
1950
Gen mtge 3'As
1967
West Penn
1966
3%s series I
Power
Western
Maryland
Western
Pacific
1952
1st 4s
4Vis
inc
A—2014
ser
81
105% 106%
A-0
F-A
Q-M
F-A
J-D
15
*105% 106%
J-D
A-0
Last
Period
1st mortgage 3s
Winston-Salem S B 1st 4s
{Wisconsin Central Ry
§ A 1st general 4s
A Certificates of
deposit
§ASu & Du div & term 1st 4s
A Certificates
of
113%
Wisconsin
Electric
Wisconsin
Public
105%
107 %
106%
Sale Price
or
Friday's
A-O
J-J
103'A
Bonds
Bid & Asked
Range Since
January 1
Sold
High
No.
103'A 103%
Low
29
—
1940
J-J
67%
67'A
68%
1936
Af-N
19 ¥2
19 ¥2
20%
46
60
Power
2%s
1976
J-D
Service
3%s
1971
J-J
24%
18
—
97%
75%
15%
16
*19
82%
66
—
deposit
High
102% 105%
116% 118%
'115
21
97%
2
97%
105 'A 105'A
1
103%
106%
101'A
1958
1960
109%
98%
—
*101% 101 %
May
Week's Range
Interest
Exchange
Wilson & Co
109%
18
98% 100%
Stock
Low
103
53
10714 108
99
60
101%
99
•
109% 109%
J-J
107%
50
100%
—
102%
109%
105%
5
52
52
*100%
York
High
94
—
—
Friday
BONDS
New
102
109%
106
Western Union Telegrkph Co—
30-year
2361
2361
1949
1992
Westinghouse El & Mfg 2 Vis
Shore
1st
guaranteed
4s
Registered
Wheeling & Lake Erie RR 4s
Gen & ref M 2%s series A
Wheeling Steel 3'As series C
1st
3%s
mtge
M-S
J-J
1971
2%s debentures
West
D
ser
76
98%
97%
J-D
1970
1967
5s
98'A
M-N
M-S
J-J
J-J
M-S
M-S
Af-S
M-N
1950
1951
I960
1951
Funding & real estate 4 Vis
25-year gold 5s_,
79%
98%
94
94
94%
58
76%
89
90%
92
75
93%
101% 101%
5
Yonkers Elec Lt & Power 2%s
1970
j-j
97%
—
95%
89
100%
103
99 %
103
99%
4
%
60 ¥2
62 ¥2
54
57
59%
59%
60
20
55%
72%
1
104%
100
102'/a
104% 104%
99
76%
98
98%
3
98
98%
60
98
101%
97
„
exchange
the
{Companies reported as being in
bankruptcy, receivership
or securities assumed by such
Bankruptcy Act,
106
98
98'
J
delivery sale not Included In the
year's range
TTn/,^
•«»»»"
d Ex-interest,
e Odd-lot sale not
Included in the year's range,
n Under-the-rule —'
"
1 y Ex-coupon. 6 not ^Ihded In the year's range. rCash sale
not, included in the year's range,
^Negotiability impaired by maturity. {The price repreeented
Is the dollar Quotation per 200pound unit of bonds. Accrued interest payable at the
106%
99%
60
97%
^Deferred
101%
ABiffisemVllatf5ked
rate
or
compaB
Prl<:eS; D° !<"eS be"'s transactc'li
of
I
$4 8484
reorganized under
etl 11I"ler
£
77 of
Section
" 01
■
current week.
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
footnote
a
the
in
AND
YEARLY
RECORD
delivery sales are disregarded in the week's range unless they are the only transactions of the week, and when
selling outside the regular weeklv
which they occur. No account is taken of such sales in computing the range for the year.
deferred
and
week
in
range
are
shown
In the
following extensive list we furnish a complete record of the transactions on the New York Curb Exchange for the week
beginning on Saturday
Nov. 8, and ending the present Friday, Nov. 14.
It is compiled from the daily reports of the Curb Exchange itself, and is intended to include every security,
whether stock or bond, in which any dealings have occurred during the current year.
RANGE
Week's
Friday
York
Curb
Exchange
Range
Motors
Acme
Shares
Low
Acme
Wire
Adam
Hat
1
common
Co
Alloys
1
Inc
Aeronautical Products Inc
Supply Mfg capital stock
Agnew Surpass Shoe Stores
1
Ainsworth Mfg common
Associates
Investors
"7
Inc
(N J)
I
Alabama
Power
Fisher
&
Ltd
34
Oct
200
7Vb
Oct
Barlow
Sep
3%
Feb
Nov
2
5,900
Oct
July
1% Sep
Refractories
Bauman
12%
Feb
Beau-Brummel
Beck
Bellanca
Aircraft
5%
Jan
Bell
of
Sep
9
Jan
Benrus
Watch
4%
Jan
7
Oct
Benson
&
Jun
92
Mar
108
Jan
98
99%
250
98
Nov
3%
300
3
May
6% Aug
4% Oct
5%
11%
&
Jan
Bickford's
Inc
13
Jan
25
Feb
Blue
48% May
95% Nov
80
Jan
Blum
97
Feb
Blumenthal
22
22%
400
19
Apr
22%
Oct
Bohack
27%
30%
300
18
Jan
32%
Sep
7%
195%
Feb
5
Feb
450
161% May
Bantam
American
Car
Co
1
2 % May
Beverage common
1
American Book Co
2%
3,300
2%
400
Class
A
25
B
1
6%
*
19%
19
36
36
37
American
&
Gas & Electric
4% %
$2
Hoe
General
convertible
$2,50
American
Hard
American
preferred
Rubber
Laundry
American
l
Co
25
1
Metal
Products
American
Meter
Co
American
Potash
Co
A
(S)
(H C)
&
Superpower Corp
41 %
5,400
50
2%
300
43
150
20
%
20%
20
%
200
32 %
33
16
17%
3,800
"3%
"3%
2,100
25
16%
25
300
200
common
Products
Borne,
Arkansas Natural Gas
Aro
Light $7 pfd
Equipment Corp
'
Refining Co
dep rets reg
Associated Tel & Tel class A
Line
New
Oct
32% July
17% July
Feb
Amer
Bruce
(E L)
Bruck
Silk
Co
18%
18%
18%
1,800
23%
Jan
Burma
3%
3%
6%
Feb
1%
Jan
5
9%
10
1,900
7%
8
400
6
6%
6 ¥0
100
5%
1
-100
I
~9~%
__
5%
109%
3%
10
1,000
109% 110%
6
__
600
6'A
210
800
5%
5%
1,700
5%
5%
4,700
10%
10%
11
400
10%
9%
Jan
Apr
7%
Jan
Jan
May
5%
Feb
Callite
7%
Jan
11%
Oct
Camden
108%
Oct
May
3% May
3% May
10%
Jan
Jun
24
July
114% Mar
8%
Feb
6% July
6% July
11% July
114
Mar
Canadian
Class
A
Class
B
1,000
8%
Nov
11% May
1% Jan
Canadian
11% July
9% Feb
Canadian
% May
4% Jan
5 %
Nov
63
July
7
Feb
Carman
37
Feb
Carnation
9
Jan
Carolina
7%
Feb
Carr-Consol
500
5
Nov
5% May
10% May
16
Feb
24 %
Jan
27
Jan
1
common
31%
Feb
73
Oct
15
Nov
16
Nov
3
15
16
700
55%
55%
Baldwin Locomotive—
preferred
For footnotes see page
i
33.
30
1,100
10%
Nov
5%
500
t
57%
800
37% May
39%
4
Jun
37
20
Feb
Feb
~8%
17
17
8 %
100
17
300
Jan
5%
Oct
22%
~8%
Jun
26%
Jan
6 %
May
10%
Jan
14% July
22
Feb
33
Jan
36
Feb
18%
Oct
25
Jan
12
Oct
21%
Jan
12%
13
13
100
3
1,000
2 ¥2
Oct
20%
Feb
2,200
4%
Feb
19 %
19%
200
'
8
7%
8%
1,600
43 %
42
500
2%
Oct
22%
43%
Oct
27% Mar
% May
2% Mar
1
15% May
5% May
23% July
9
Feb
32
Jun
47
Jan
25
Feb
26'A
Feb
11%
11%
400
10%
Jun
12%
Feb
17%
18
900
15'A May
19% Mar
13%
13%
100
10% May
16
%
lir
11,000
%
Nov
1% Mar
2%
2%
3%
6,200
2%
Nov
7
_
13%
—
_
—
12% May
Nov
61
42%
Oct
Jan
3%
3%
100
Oct
Feb
13'A Aug
3% Jun
4%
2% July
6% Jan
3% Mar
1
7%
7%
7%
1,100
7%
3
3
3%
1,200
2% May
18%
200
5
Ltd
Carreras
18%
18
Co
Nov
Mar
Jan
5%
Feb
Oct
23% Mar
% Oct
20
Jan
20
Jan
26
May
26
May
•
18
Nov
18
Nov
22
May
22
May
•
|
Alcohol—
13
•
.
12%
13
300
•
1%
*
42 %
1
9%
1%
Jan
15
Jan
*
Light $5 pfd
Co
165
% May
Sep
3
Jan
45
Mar
9
1,200
325
51
9 %
1,100
6%
Jan
Oct
70
43%
Jan
52
Oct
Nov
119
July
Nov
20
Jan
52
33%
114'
•
"7
~7%
1
10%
10%
•
6%
1
Jun
Nov
1
1%
43%
6%
37
2.50
common
Biscuit
15%
150
1
new
9% May
9% May
Ltd—
100
&
8
10
*
common
Power
Nov
•
preferred
Co
&
,
10%
7%
Feb
Oct
8,400
7
Sep
3
Apr
100
9
Apr
11
Mar
800
6
May
9
30
7%
May
43%
Feb
May
17%
Feb
Ltd—
Amer dep
Carter
Apr
20
common
rets B ord
(J W)
Co
Casco Products
-
common
common
(A M) & Co
1%
2s 6d
7
10
Catalin Corp of America
Central Maine Power Co—
B
•
11%
5%
21%
1
Carey Baxter & Kennedy Inc
Castle
Babcock & Wilcox Co
10%
5%
1
Marconi
Apr
3% May
200
Jan
£l
preferred
24% May
5
common
Corp
77o
1,200
6%
pfd
Capital City Products
3.600
5%
Co
Industries
"5%
5
Jan
22%
50c
common
voting
non-voting
32
6%
17%
Nov
25c
Power
Industrial
50
5%
Nov
16%
140
~\6
Convertible
Feb
Nov
31%
13%
1,700
%
Canners Ltd
14%
9% May
25
& Sons
Canadian
14%
31%
200
17 %
12 %c
preference
Jan
~5»/8
preferred
6%%
10%
5%
Apr
Jan
Apr
13%
rets
Corp
Canada Cement Co Ltd
1,300
1,900
15
55
132
1
Insurance
Bread
Canada
5,300
5%
Nov
May
Feb
Jan
27%
Rights w i
12%
5%
116
14%
2.50
Estate
Electric
Fire
14%
5%
9%
Jun
16%
•
rets 5%
Tungsten
12
03^
7%
Jan
Jan
•
Products
dep
Sugar
California
14%
OO
4
May
Wireless—
American
12
8%
Ltd
Amer dep
Electric
Cables &
14%
♦
100
11%
Oct
May
110%
•
3
24% Mar
11%
Feb
3 %
4%
Oct
7% May
6% May
Feb
Calamba
9%
5%
i
63
Jan
13%
1
Ring Co
Corp
16%
3%
9%
5%
1
Nov
May
Mills
Piston
Cable
8
*
2.50
%
4% Aug
7% Jan
2%
26
1
Burry Biscuit Corp
Butler (P H) common
42
Sep
16%
5
common
common
Burd
300
%
124
•
Brown Forman Distillers
Brown Rubber Co
Feb
15,800
Jun
1
13%
•
43%
1
35%
•
10c
Class B
900
1
7%
dep rets ord reg
British Columbia Power class A
34%
"5
Feb
May
Celanese Ltd—
34 %
1
F)
Jan
British
34'A
%
Oct
23
37% May
£1
Feb
"5
500
26
124
£1
43
%
Feb
Apr
American Tobacco—
Buckeye Pipe Line
5
9%
9%
—
124
dep rets ord bearer
Jun
Nov
Jan
180 %
16
4,200
dep rets ord reg
Feb
3%
13%
*
Bunker Hill & Sullivan
1.100
Jan
3%
Jan
Jan
29% May
16% May
10%
Amer
37%
May
13%
Amer
Oct
50
Voting Machine
Collieries
British
24 %
4%
Oct
8% Mar
23
11
10,800
*
Co
Sep
*
(B
Jan
Nov
Apr
~3%
Jan
29% May
May
%
May
16
2 %
Jun
Nov
1,500
*
Oil
25%
Automatic
6%
21%
10%
"3
*
common
48%
Automatic Products
Ayrshire
51
Co
Jan
•
Co
Atlas Corp warrants
Atlas Plywood Corp
Avery
49
Feb
9%
23,000
*
A
British-American
Jan
£i
Atlantic Coast Fisheries
Coast
3%
Mfg
Class
Feb
15
1
Associated Laundries of America
Atlantic
Jan
32
10
Power &
American
1%
35
Associated Electric Industries—
,
Jan
7%
Brillo
43%
%
~3%
1
Jan
113
"l
9%
1
common
Aeronautical
50
•
common
class A non-voting
&
13%
Sep
Corp
200
1
preferred
Oil
Nov
Apr
2% May
41% Nov
Breeze
Brewster
Light & Power
48
£1
Co
Appalachian Elec Pwr 4%% pfd
Argus Inc
Ashland
36
110%
Feb
•
Traction
Nov
23
7%
20 ¥2
15%
25
Inc
Brazilian
35%
l
dep rets ord reg
Arkansas
May
100
*
Bridgeport Gas Light Co
Bridgeport Oil Co
53
"l
—
100
47%
4
1 '/a
•
common
common
35'%
2
common
Angostura-Wupperman
Apex-Elec Manufacturing
6%
17
14%
*
preferred
Writing Paper
Common
Mar
4% May
% Nov
28%
"5%
Anglo-Iranian Oil Co Ltd—
Amer
50
43%
10c
com
$6 series preferred
Co Inc
May
Co
Co
preferred.
Scrymser Co
35%
•
•
Post
3% Mar
90
Jan
May
% May
31
18
1
1st
2
class
Republics
Angerman
Jan
19%
May
1% July
400
1
Corp common
(Philip) & Co Inc
10
Chem
American Thread 5%
Anchor
41%
*
&
B
American
550
112%
2%
2
American Seal-Kap common
Amer
38,600
25
common
American
American
l'ff
25
Mfg Co
American Maracaibo Co
Class
3,200
20%
%
20
25
common
preferred
American
350
6%
1
Mach
Light & Trac
~2
53
%
112
100
10c
a
6 %
%
10
Corp common
preferred
convertible
6%
common
preferred
American
52 s
Foreign Power warrants
Fork &
American
Nov
Light—
Class
American
2
70
--
100
Cities Power &
American
2 %
2 ('a
2%
May
16
3
Ridge
Oct
6%
5 %
600
1
common
common
96%
169
200
2%
18
Birdsboro Steel Fdry & Mach Co com_*
22 ¥2
165
17%
"~9% _9%
1
Blauner's
96 %
165
17 %
•
Feb
105%
500
16
136
1
Aug
57
1,000
6 %
6%
2
*
Furniture
Bourjois
American
Inc
common
5
58
3,100
100
Apr
3% May
6
17%
1
23
58
%
17%
Feb
11
July
9
1
Jan
20
•
common
25
17
100
preferred
Gay
20
•
common
6%
15
—
20,600
13
Jun
100
Mfg
Co
Hedges
Convertible
Berkey
~6¥a
High
9% May
1
common
common
Canada
3'/4
98
~5%
300
1
Shoe Corp
(A S)
700
81
17%
1
common
Ties
Feb
Feb
Tel
6%
5
common
Inc
& Co
(L)
1,100
280
1
$1.20 convertible A
Feb
41/4
Low
11%
Seelig Mfg—
4%
81'A
3%
&
Range Sine© January l
High
11%
8
Corp
6'A
3%
3%
Steel
15
38
Shares
Low
1
shares
American
3%
10% May
Sales
for Week
Andes—
los
*
Industries
Aluminium
Banco de
Aug
82
*
common
preferred
Goods
7%
1
America
cumulative
1.000
6 %
•
$3.75
13%
1
common
Aluminum
Feb
Barium
84
1
Aluminum
12%
Feb
100
pfd
common
of
2%
Range
of Prices
Par
Baldwin Rubber Co common
11%
50
Inc
Co
500
"l%
~V/a
3 ¥2
Altorfer
Co
2%
7%
~7%
6%
5
Bros
2
3
Allied Internat Investing Corp
Allied Products
(Mich) common
Aluminum
100
13%
3
Appliance
4.20%
Alles
3%
High
Jan
Week's
Last
Sale Price
York
5%
Basic
10
preferred
Airlines
6% May
31
50c
Alabama Great Southern
Alaska
900
2
preferred
Aireon Mfg Corp common..
Electric
--
~7%
2'A
%
10
common
60c convertible
Jan
New
•
Convertible
Air-Way
1,400
May
4% Aug
3%
"7
5
Air
5
3
23
1
Aero
Friday
Low
300
10
Stores
Air
3 ¥2
4%
--
14
STOCKS—
Curb Exchange
,
Range Since January l
High
3
warrants
Aluminum
NOVEMBER
for Week
of Prices
Par
ACF-Brill
ENDING
Sales
Last
Sale Price
STOCKS—
New
WEEK
FOR
1
3.50% preferred
Central Ohio Steel Products
100
Central Power & Light 4% pfd—
Central & South West Corp
100
*
1
11
10%
11%
1,900
19%
19%
19%
200
9 %
85
9%
9%
"9%
19,800
Oct
15% May
95%
Oct
8% May
96%
Jan
Feb
21'A July
102
11%
Jan
Feb
29
30
THE COMMERCIAL & FINANCIAL CHRONICLE
(2018)
RANGE
Friday
Last
STOCKS—
New York
Sale Price
Exchange
Curb
Par
SCentral States Elec 6%
preferred—100
1%
preferred
100
Conv pfd opt div ser
100
Conv pfd opt div ser 1929
100
Century Electric Co common
10
Cessna
Aircraft
Chamberlin
Charis
Co
America
of
Co
1
5
common
10
5
Corp common
Cherry-Burrell
common—,
Chesvebrough Mfg
^Chicago Rivet & Mach
Chicago & &Southern Air Lines
trust ctfs
Voting
Chief
Consolidated
Mining
SChilds Co preferred
Cities Service
14 %
3%
46
500
800
4%
Jan
July
27%
Oct
Fedders-Quigan
14
Feb
Fire
Oct
6
7
1
1%
119% 122
Association
Oct
Jan
450
14
May
18%
Oct
200
6
Nov
7%
Oct
400
6
Nov
7%
Oct
1,300
1
May
40
93
May
8,500
13%
500
9%
100
4
—
16
100
2%
2%
100
2
2
%
6,000
11%
100
11%
143
135
150
145
7%
__
7%
100
148
Jan
Jan
41
Oct
10% May
8% May
15
Feb
13% May
1% Sep
19
23%
1% May
97/a Jan
66%
Jan
6% Aug
11%
Jan
Feb
B
Class
Plow
Co
Colonial
•
9%
ordinary
Manufacturing Co
Vtc
ext
to
$3
4%%
4%
E L
Amer dep
Cook
B
preferred
15%
Feb
Franklin Simon & Co Inc
Co
&
Varnish
11%
200
12-
1,700
69%
70%
69
1,200
4%%
dep
25%
Jan
3% May
i\»
Aug
28
Nov
7
Feb
36% July
5% Aug
■fW Jan
34% Jan
Co
10%
Jan
Apr
% May
34% Jun
2
Jan
43
Feb
68% May
83%
Jan
112
60
114
112
Nov
118%
Jan
Nov
110%
Jan
1
8%
8%
8%
1,900
5
75%
71 %
75%
1,275
x7% May
63% May
10
2%
2%
2%
300
2% May
31%
30%
35%
13,900
14%
2%
1
•
(Geo A) Co
14%
14%
700
38%
Cork
Drug
A
21%
Apr
7%
Jun
2%
Oct
15
Nov
3% Aug
2%
3
3,300
14
300
10% May
19%
Feb
38%
38%
100
26
May
41%
1,000
Nov
3%
x95/a
x93/4
400
j>g
1,900
8% July
% May
11
%
11%
1,400
9% May
15%
Feb
3%
7,300
2%
Nov
4%
Jan
800
11 %
Jun
3
3
preferred
50
9%
13
13
51/.
(ord
reg)
13
5%
5
1%
Aug
Feb
Jan
3,300
50
48
200
£1
3% May
36
14% Aug
5%
Nov
Jan
50%
Nov
Nov
7%
Jan
37%
25%
Jan
1
i3/a
13/.
jx-
1,900
1%
Oct
2%
Feb
•
9
9
9
200
7%
Sep
14%
Feb
6%
6%
6%
500
6% May
10%
Feb
5%
5%
5%
800
4
May
6%
Feb
16%
16%
100
16
Oct
5
HI
~i
"5
(Md)
*
common
Mfg
Co
36
2,500
Feb
__
4
100
2%
2%
100
20%
5,500
18%
Apr
Sep
30
104%
Oct
107
17
Jan
8
Feb
3% May
1% Apr
21
20%
—
197/a
105
105
•
common
5% May
2.5o
(Moj
20
Oct
4
10
I~I_5
100
Lighting Inc
34%
7% May
;•
Sugar
Curtis
„
25c
preferred
Curtis
35
151/4
3
15%
50
Davidson
2.50
Brothers Inc
1
Dayton Rubber Co class
Dejay Stores common
Dennison
8%
Mfg class A
A
35
10% May
50c
5
common
debenture
Derby Oil
Co
common
Gasket
Detroit
Gray
Iron
Steel
8
Products
Detroit
&
Diana
Stores
Amer
&
Manufacturing.
Foundry
Raynolds
Distillers
Co
B
Gellman
Corp class A
l
—
20
11%
ll7/a
1,400
17%
2%
18
20
2%
700
20
1,500
300
__
6%
6%
5%
preferred
conv
6%
900
~25
Steel & Coal B
*
Power
4
_
5,400
—
13%
13%
13%
89%
89
90
Co
71%
71%
711/4
2,000
10
Co
50
125
—
83
82
83%
i
Amer dep
General Finance Corp
£1
common
__
8%
8%
•
400
•
100
—
1
Sulphur
& Fuel Assn
prior
•
common
preferred
—
14 %
100
Malleable
3%
150
Iron
States Corp
preferred series A
•
6%
Feb
3%
Oct
39
26%
18%
Oct
Jan
Jan
Oct
10
•
preferred series A
5%
General Flreproofing
common
$6
preferred series
•
Com
of
Apr
16% Sep
18% Aug
20%
Feb
19
18
19
21 %i
—
21%
50
1%
800
"9
8%
—
—
8%
3%
14%
14%
300
1,700
350
beneficial int
1
1%
23
Oct
Sep
3
Mar
x30% x30%
300
Jun
10%
Jan
Sep
7%
20
IVb
31%
Feb
Sep
14%
Feb
38%
12%
Feb
Feb
29
Feb
11%
Oct
Feb
29%
8%
600
Sep
6% May
25
25 %
450
16% May
10%
10%
800
1%
8%
—
10%
~8%
8
%
6% May
2%
3
100
1
preferred—♦
General Shareholdings Corp com
1
$6 convertible preferred
•
Georgia Power $6 preferred
•
$5 preferred
*
4 %
4 %
4%
4
May
9%
Oct
2
Mayj
3%
Jan
3% May
6%
Jan
1,100
24
24
100
22
Apr
32%
Jan
10 %
—
~7%
~7%
8%
~7%
1,200
8%
8
Aug
14
350
Jan
May
7% July
Gilbert
*
(A C) common
34%
300
35
18 %
100
9%
Co
*
Gladding McBcan & Co
Gleaner Harvester Corp—
Alden
Glen
2.50
*
1
5
Coal
Glenmore Distilleries class B
Globe-Union
Gobel
Inc
1
(Adolf) Inc common
35
Nov
109
May
100
18%
Nov
89
Jan
3%
98
3%
300
3
May
97%
98%
400
89
Mar
99 %
Sep
115 % Mar
Jan
Goodman Mfg Co
Gorham Inc class A
Gorham
Mfg
common
Graham-Paige Motors $5 conv
Grand Rapids
10
pfd—25
1
Varnish
Gray Mfg Co
Great Atlantic & Pacific Tea—
Non-voting
7%
Great
common
stock
1st preferred
Northern Paper
5
25
Grocery Stores Products common—25c
Gulf States Utilities $4.40 pfd
100
Lamp Co new common
5
Feb
12%
Feb
*
Hammermill Paper
10
Hartford Electric Light
25
Hartford Rayon common
1
Harvard Brewing Co
1
Hat Corp of America B non-vot com—1
Hathaway Bakeries Inc
1
Hazeltine Corp
•
155
May
Oct
16
Feb
110%
Apr
Sep
Apr
3%
Feb
Hamilton
7% Jan
Dept Stores common
Mining Co
Rubinstein
Feb
19
Feb
Hecla
19%
Feb
Helena
2% May
33% Jan
4%
Oct
33%
Feb
Heller Co common
17%
Feb
25%
Jun
preferred w w
4% preferred w w
Henry Holt & Co common
Heyden Chemical common
Hoe
(R) & Co class A
Hollinger Consolidated G M
Holly Stores Inc
10% May
22% Oct
Sep
May
May
94
Feb
79
Jan
48
Feb
Nov
106
Apr
is Nov
1%
Oct
7%
Sep
May
4% May
11% May
12
10% May
18% Feb
3%
4
90
50
81
78
400
49
59
3%
3%
1,600
25
3,000
2% May
May
35%
64 %
65 %
175
May
Class A
5%%
Holophane Co common
Horder's
Inc
& Co common
Hardart Baking Co
Horn & Hardart common
6%
Feb
Hormel
15%
Jan
(Geo A)
Horn &
Jan
1% May
40
May
May
4%
Jan
97%
Jan
80%
Oct
57
Nov
4%
Oct
82
Oct
77%
Oct
11%
12%
Nov
14%
22%
200
23
19%
19%
20
1,800
14%
12%
14%
5,200
14%
14 %
100
"3%
3%
4
1,100
54 %
75
42% May
60%
12%
12
12%
2,000
6% May
12%
5
12%
12%
12%
16,200
8% May
17%
Jan
•
143%
Jan
Sep
29%
Apr
18%
Jan
25
16
Jun
22 %
Oct
14%
Nov
17
Jan
9% May
Oct
13
100
36
30
~~U
"u "%
3% May
5%
Jan
Jun
61%
Jan
36
Nov
25% May
Sep
104%
Jun
% May
6,900
1%
Jan
44
To
To
10
100
65
63%
66
400
7%
~8%
800
22
19
19
8 %
100
7%
200
8%
225
103
102
45
9%
9%
Apr
7% May
47% May
9% May
51% Aug
15%
Jan
66
Oct
25 %
Oct
9'%
Feb
7
May
8
Sep
14
Feb
95% May
112
July
40
133%
Jun
45 %
150
39%
Jan
10
800
xl36% xl38%
45
Feb
9% July
145
Apr
47
July
15%
Jan
102 %
Nov
114%
Feb
9%
Oct
15%
Feb
8%
—
"5%
5
25c
*
*
2
—
1
10
5
150
39
100
Nov
9%
Nov
_4%
2%
--
2
Huyler's common
1st
preferred
Hydro-Electric Securities
Hygrade Food Products
1
1
•
5
Apr
Oct
Feb
400
2 % May
5
%
200
2%
4 Vb
Oct
9
7%
~8%
400
13%
14 %
300
8%
8%
8%
700
8%
900
10%
10 %
10 7
12
12 Vb
12%
10%
12 %
10
10
98
a
%
76
10
50
12
600
Apr
17%
Feb
Jun
12%
Feb
Sep
% May
14% Mar
25
16
13%
Jan
Jan
Feb
99%
20
98%
Nov
107
Jan
78
30
76
Nov
85
Mar
9%
200
20%
1,600
54 %
~9%
9
Feb
Feb
July
9 %
May
Oct
'
20%
55
9%
20%
13
150
Feb
May
~8
13%
8
Feb
70 %
8
4 3
9 Vb
9%
4%
5
250
1,600
400
8% Aug
15%
19% May
X35%
49
Mar
7% May
4% Apr
57
Feb
Feb
Aug
10%
Feb
6%
Feb
Jan
28
Nov
20
Jun
23
Aug
37
Jan
44
Oct
150
Oct
181
Feb
34% May
43
Feb
23%
•
preferred
(Harvey) Inc
Humble Oil & Refining
Hurd Lock & Mfg Co
5
Hussman Refrigerator Co common—•
$2.25 preferred
*
Common stock warrants—;
May
8%
40
6% May
1
*
•
*
•
100
5
5% May
28
55%
100
100
1
38%
6
153
37%
36%
110
153
37%
110%
36%
68%
38%
68
69
4%
.4%
30
250
20
xlll
Nov
450
28
Apr
2,100
300
55% Apr
4% Oct
116% July
38%
Oct
72% Aug
9%
Feb
"9
~8%
14
9
1,300
500
Sep
'14%
Oct
4?
Aug
5% Jun
IV* May
47%
Feb
15
Feb
37% May
13%
51%
Feb
37/a
Feb
Jan
12%
27
27
Feb
100
21
Oct
May
49%
May
31% July
2%
27
10%
Oct
Electric
Aug
Jun
Oct
•
Feb
54%
17%
27%
—
22 %
Jun
13%
Sep
54
Easy Washing .Machine B
Oct
6% Mar
52% May
Bridge Co Ltd
Nov
82
250
4% May
H
11%
39
19%
*
10%
21
76%
100
13%
•
100
Hall
11%
67
4%
18'%
18%
Oct
Oct
4%
4%
99
1
50
*
Oct
Oct
Aug
110%
36
prior preferred.
$4.50
Feb
111%
48
Class B.
25%
100
4%
Godchaux Sugars class
Goldfield Consolidated Mines
Feb
Jan
24
200
18%
100
*
*
Preferred
Jan
9%
6
xl03% July
35
—1
Giant Yellowknife Gold Mines
Feb
2,600
300
_9%
2%
pfd
Jan
Feb
50
64%
20% July
100
Jan
19%
77%
•
B
Jan
8%
1
1
9
25
23
23
$6
8
14
Sugar Associates—
shares
6%
800
5%'
Corp
General Public Service
38
Sep
2% May
17% Aug
59
77%
25
$7
Eastern
Eastern
4% Oct
43 %
19%
38
May
10%
88%
100
preferred
Eastern
1,100
Jan
104%
1
common
5%
4%%
5%
40
ADr
£1
rets ord reg
Hubbell
6%
25
Ltd—
Amer dep rets ord reg
Durham Hosiery class B
Duro Test Corp common
East Gas
41%
Nov
Apr
6% May
9% May
—
Dunlop Rubber Co
Texas
200
•
Corp
Driver Harris
3%
113^
Jan
41%
Electric Co Ltd—
General
17%
11%
3%
41%
15
Aug
May
6%
32
9%
2%
•
•
Duval
200
Feb
Nov
93
1
*
1
25
Mfg Co common
General Alloys Co
Hearn
Bridge Co Ltd
w
7
__
1
Draper
Rights
7
£i
common
Dominion Tar & Chem Co Ltd
Dominion Textile Co Ltd
Duke
50
Ltd
Credit
Dominion
1
50c
dep rets ord reg
Dominion
35
•
common
400
35
1
10
class
Corp
Dobeckmun Co
Domestic
11%
"7% "73/3
100
Detroit
Devoe
28
~~
II
_I
Jan
3%
100
preferred
5%
Gypsum Lime & Alabastine
Davenport Hosiery Mills
64
Sep
Aug
1% May
*
Gatineau Power Co common
Gilchrist
47/a
50
14
45
8,100
Feb
3
%
1
Crystal Oil Refining common
$6 preferred
Cuban Tobacco
2
common
General Plywood
93/4
•
International A
Co common
Atlantic
Corp
General Outdoor Adv 6%
3
%
11
130
3%
G
Garrett
Feb
•
Brewing Co
Crosley Motors Inc
Crowley Milner & Co
Crown
1
Jan
3% July
35% Nov
50
Croft
Crown
1
9%
13%
—
1
receipts
Petrol
5o
preferred
Stores
Franklin
85%
1
com
Petroleum
Crown Cent
conv
1
July
7
107
112%
4,000
12
48
Feb
8
Ltd—
American
5%
7%
%
1
common
convertible
Courtaulds
Cuban
7%
%
•
Petroleum
Creole
7%
lOc
Car-Na-Var Corp
Fdy & Machine Co
Reynolds
preferred class
5%
28 %
May
Jan
Feb
7
Aug
4% May
3% May
22%
Feb
11,300
50
1
1.25
(Peter) Brewing
4%
*
&
Cosden
600
^
100
Coro Inc
$1
51/3
A-
28%
100
C
Cooper Brewing Co class A
Copper Range Co
Cornucopia Gold Mines
Corroon
850
A
•
common
series
Textile
Paint
35%
34%
5
__
rets bearer
Pitt Brewing Co
Fox
13%
Oct
Nov
2%
1%
Fort
Nov
4'A
21
Ford Motor of France—
General Builders Supply Corp
Consolidated Steel Corp common
Continental
3,500
•
common
Consolidated Gas Utilities
Consolidated Mining & Smelt Ltd
Consolidated Royalty Oil
Continental
5%
1
Bait
preferred
Consolidated
5
•
F
series
50O
25
preferred
Consol G
6"%
warrants—
1956
Coke Secur
&
1,400
6%
35%
l
Community Public Service
Compo Shoe Machinery—
Conn Gas
3
7%
25
Southern
9%
6%
1
Commodore Hotel Inc
&
100
800
3%
7%
1
Colorado Fuel & Iron warrants
Commonwealth
9%
5!4
Airlines
Colonial Sand & Stone Co
Colt's
9 %
3%
common
Development
•
*
non-voting
voting
Class A
Fuller
Colon
11%
47%
3
Oct
13%
30%
1,500
13%
11%
7% May
2
May
Apr
12% May
100
18
Jan
Oct
9,100
13%
£1
dep rets ord reg
Ford Motor of Canada-
Jan
Jan
800
4%
to $1 Stores.
Amer
3%
9%
12%
Ford Motor Co Ltd—
3%
166
High
Low
29
13%
1
$2
5c
3%
29
47%
div cum preferred—
Fishman (M H) Co—
1% Mar
Range Since January 1
High
29
I._L—IlOo
First York Corp common—
77%
11%
3%
—1
III
Corp
(Phila)—
27%
38%
16
1
+.
*
Mar
12%
2
Cockshutt
i
70
37%
9%
11%
Fairchlld Camera & Inst Co
Fairchild Engine & Airplane
Falstaff
150
—
•
Jun
Brewing—
Fansteel Metallurgical
Jan
19% May
71%
18%
6%
70
17%
6
38
100
Nov
11%
__
Co
15%
18
1
Corp
Oct
100
10
Mfg
Feb
12
300
Low
Jun
23%
12%
Shares
F
22%
2%
for Week
Jun
83
Range
of Prices
Par
High
24%
Sales
Last
Sale Price
Exchange
Curb
May
12
Apr
12% May
25%
5
common
Products
290
12%
1
Clinchfield Coal
Low
11% May
York
New
Range Since January 1
375
--
1
Club Alum
15
3%
Week's
Friday
—
Clarostat Mfg Co
Claude Neon Inc
Lambert
14 %
14
NOVEMBER
STOCKS—
3%
25%
Clark Controller Co
&
18 %
74
ENDING
Sales
Shares
High
17%
71
WEEK
for Week
10
common
City Auto Stamping
City & Suburban Homes
Clayton
of Prices
Low
17%
74
10
—
4_
18%
•
6
*
6
1
1
100
119%
common
Week's
Rang:©
FOR
EXCHANGE
CURB
YORK
NEW
Monday, November 17, 1947
$5 pfd
shares of
Bond
beneficial
& Share
int
common
Electric Power & Light 2d pfd
A
l
Option warrants
Electrographic Corp
1
Electromaster
Inc
1
common
10
Elliott Co
5%
4%,
preferred
$3
convertible
Eureka
Eureka
preferred
For footnotes
19%
j
10
common
see
page
33.
2% fcfay
7%
26%
Feb
Oct
4%
Feb
19%
20
1,100
24%
Sep
47
100
43% Aug
50
1%
30
12
400
1%
1,000
100
8%
Nov
Jan
3*
~8% "9
300
3%
3/ff
6,400
27%
27%
50
13%
Mar
Jan
Oct
1% Aug
Jun
2%
Jan
53%
Jan
6
12
Feb
43%
9
111
May
1?? May
27%
Nov
27%
150
•
Imperial Chemical Industries—
_£1
Amer dep rets registered
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
Jan
2% Aug
15% May
100
convertible preferred
Illinois Zinc Co common.
17
11%
5%
Sep
100
100
11%
10c
1
May
155
200
l
Inc
Corp Ltd
Pipe Line
600
Illinois Power Co common
115
3
25%
3
100
5
5
25%
180
11%
47
II
50
Empire District Electric 5% pfd
Emsco Derrick & Equipment
Equity Corp common
Esquire
143 % 149
1,200
3%
Oct
30%
Apr
27%
277/a
2,900
25
55 Vb
55 Vb
55%
400
55
12%
12%
12%
350
11%
11%
n%
3,600
11%
11%
200
May
12% Sep
6
10%
64
Feb
6%
Apr
i4ya
Feb
14
Feb
Feb
10% May
10%
350
Jan
21% Mar
Oct
14%
10%
Oct
21%
Apr
Jan
JE1
12%
12'/a
12%
99%
99
99%
98
Oct
111
Indianapolis Pwr & Light 4% pfd_. ,100
-10
Insurance Co of North America
•
International Cigar Machine
International Hydro-Electric—
_50
Preferred $3.50 series—
International Metal Industries A—
93%
92
94
350
85%
Sep
Oct
100 V* Mar
68%
69
700
45% May
&
Ireland
30
14%
—
—
25
Apr
21
Apr
Jan
71%
Oct
29
Jan
Number 4647
Volume 166
(2019)
NEW
YORK
RANGE FOR
Friday
East
STOCKS—
York
New
Sale Price
Exchange
Curb
Par
International Petroleum
coupon
shares
Registered
Week's
Range
shs—*
*
10%
Shares
Low
Utilities
5
400
10%
Oct
15%
Feb
Mountain
3,200
11%
Apr
18%
Nov
Murray Ohio Mfg Co
Oct
5%
Feb
Muskegon Piston Ring common
9% May
13%
Jan
Muskogee Co
30
1%
107/s
11%
Sep
15%
2,400
100
8
8
8
1
1%
1%
1%
5%
1
*
A
8
5%
800
5%
Nov
1
Sep
16% May
4% Sep
2,100
% NOV
States Tel
& Tel
common
1
10%
10%
111/2
400
1
5%
5%
5%
1,100
—1
Class A preferred
Julian & Kokenge Co
2%
2V4
2%
3,000
9% Aug
3% Jun
1% Sep
*
common
1%
Jan
8%
8%
9
1,300
5%
*
Sep
24% Jan
common
Hess common
Kansas Gas & Electric 7%
pfd
16 %
52,300
100
5
122% July
Kawneer Co
*
16%
16%
100
Kennedy's Inc
Key Co common
5
17
17
17
200
*
10%
10
10%
900
5
10%
10%
10%
300
Kidde
(Walter) & Co
Mav
15% Aug
15
May
6% May
3% May
preferred
Kings County Lighting 7%
5% preferred D
King Seeley Corp
Kingston Products
Kirby Petroleum-'
(D Emil)
Co
108
July
56% Jun
100
45
15%
1
15%
15%
1,300
1
4%
4%
1
14%
141/4
14%
1U
Oct
12% May
2,000
1%
3,700
1
5
4
2,400
National
30
Jun
18%
Oct
125% Feb
26% Mar
26
Jan
10% Nov
Feb
14%
111% Feb
87% Feb
69
Jan
17%
Sep
National
Jan
7%
Feb
ui
15
Oct
1% Jan
14% Oct
17
—
17
1
Krueger Brewing Co_
-1
17
—
20
Aug
26 %
Sep
1,000
'/a
17
Apr
7% May
200
*8
8
lil July
25% Feb
15% May
50
common.
Kobacker Stores
13% May
Neptune Meter common
Corp
England Tel & Tel
Watch Co
4%% convertible preferred
New Jersey Zinc
New Mexico & Arizona Land
New Park Mining Co
New
New Haven Clock &
New Process Co common
10% Jan
18
Jan
Honduras ROsario
&
N Y Merchandise
N Y
Lake
Shore
Mines
5
Ltd—:
1
Lakey Foundry & Machine
Lamson Corp of Delaware
Lane
Wells
Co
Langerdorf
1
class
Class. B
Monotype Machine
La Salle Ext University
Lefcourt Realty common
Oil
Lionel
400
23%
24%
800
29
(Thos J)
5%
l
10
Inc 6%
Groceterias
A
Star
Chain-!
~1
~1
18%
Xl8
20%
%
20
22 %
10
10%
25%
44%
Jan
Mar
Oct
1,900
19% Apr
26% Aug
8% May
600
50
60,800
7,600
x2l
11
1 a
Jun
26% Feb
11%
26
Ohio
Brass
Ohio
Power 4%%
4,300
% Sep
49% Nov
16%
16%
16%
6,400
Jan
109% May
15% Jan
600
6%
Nov
11%
90
17%
200
Uo
lMi Jan
Marion
McAleer
5%
convertible
McCord
$2,50
&
A
Metal
Textile
Sep
19y2 Nov
Jan
Omar Inc
16% July
113
Jan
20
7
Oct
21% Aug
Pacific Gas & Elec 6%
Class
B
1st preferred
Lighting $5 preferred
pfd
5%%
55
Jan
5
Mar
1st
$1.30
Page-Hersey Tubes common
Pan American Airways warrants
1,000
13%
100
100
5% Nov
6% Aug
Parker
8% Aug
Parkersburg Rig & Reel
2,400
7% Aug
13% Jan
28
38% May
8% May
45
July
24
33%
Jan
7
Feb
Pennroad Corp common
3%
Jan
Penn-Dixie
42
25
10%
11
1,900
28
26%
28
500
6%
1%
18%
1 %
May
10%
Oct
20%
Feb
t
Oct
Peninsular Telephone common
$1 cumulative preferred
21% July
8% July
Penn
111% May
6% Jan
Penn
Traffic
Penn
Water & Power Co
100
5
1,800
108% Sep
3% May
4%
4
4'
2
400
7%
7%
7%
300
9%
9%
100
2'A
2%
1,900
7% Sep
1% May
0
May
8% May
19
500
3
May
43%
10 %
300
9
93
700
t c__l
1
non-cum
Sep
50
Jan
5% May
8
Oct
6%
Jan
Co
*
common-
Oil
20%
21%
300
4%
—
15%
4%
700
15%
15%
14,300
10 %
10%
25
31
22
31
450
24
22
250
50c
Co
10
Midwest Piping & Supply common
Mid-West Refineries
Penn
16
Feb
Feb
3% Aug
12% Feb
14% Feb
21% Oct
4% %
Co
*
15%
1
15%
15%
255
1
CM tv
1
50c
common
convertible
preferred
P
&
Missouri Public
Molybdenum
L
5%
Service
*
pfd
*2%
7%
_2%
8
1,500
1,100
—
"7
—
"7
%
300
100
common
Corp___
Monogram Pictures
7%
50
Mining Corp of Canada
Minnesota
;
*
1
3% Apr
12% May
1
7%
4
4
73/4
400
4%
4,700
1
2%
2%
2%
700
Montana
5
12%
12 %
12%
500
Montgomery Ward A
*
175%
174 % 175%
220
Investors partic pfd
Morris Plan Corp of America
*
common
Society A
Dakota Utilities
Moody
Mountain
Light 4%%
Power &
pfd_
City Copper
common
Producers
For footnotes see page
10c
4%
5c
%
lo
33.
1,000
10%
4%"
%
xl0%
1% Jan
10% Feb
15% Feb
Jan
4%
600
%
13,700
11%
14% Aug
Jan
2
2,100
li'e
16%
17%
1,600
11
7%
7%
4,000
6% May
20% Jan
11% Feb
250
155 % May
189% Nov
1
Hi
187% 188
Aug
May
42 %
100
32
Apr
44
Sep
41 %
41%
500
30%
Apr
43
Sep
14%
3%
5%
Jan
1,200
10
Mar
14 %
Nov
3,000
3
Nov
7%
Jan
104
25
41
Feb
101% Jun
Nov
104
110
7%
23
Jan
23
1,300
30% May
46% Feb
1,900
5% Aug
9% Mar
700
1%
7%
8%
23%
38%
41
1,200
21
Apr
1%
37%
200
38
109% 110%
32
120
32%
6%
5%
900
1% May
38
Oct
Nov
116
Mar
37%
4% May
Oct
2,600
Sep
12%
Circle
common
9%
Sep
7%
Jun
12%
Feb
8
25
25
*
100
11
2,400
100
—
6%
16%
Apr
32
—
8%
8%
34% 35%
31% 32 %
102
102
25%
—
25%
1*0
32
200
1,800
1,400
70
34% Nov
41% Mar
31%
Nov
38 % Mar
101%
Oct
Oct
105
Aug
Feb
15
Mar
200
B
Johnson Ltd
Pinchin
Amer
27% Mar
24%
Jun
3%
Jan
Sep
16,700
11
Jan
30 Va
150
29
May
52%
Feb
18%
19
600
13% May
19 V*
59%
90
July
July
•
25
Pitney-Bowes Inc
Feb
Pneumatic
12%
Jan
16% Nov
Polaris
13% May
1% May
17%
9%
38
6% May
102% Sep
1,200
common
Powdrell
6% May
81% May
Scale
Jan
8Y4 Feb
Power
Corp
common
of Canada common
1st preferred
Pratt & Lambert Co
10
Jan
Prentice-Hall
106
Mar
May
30
Mar
6% May
3
May
2% July
11
Feb
5% Feb
3%
Jan
15% Jan
194
41%
July
Sep
5%
Jan
Sep
2%
Jan
sye Aug
liy4
%
Mining Co
& Alexander
Feb
Feb
Nov
Pressed
__
25
6
6%
Producers
50c
4%%
2
50
50
5
1
Jan
40%
Jun
51 %
Jan
Nov
28%
Jan
5%
6
80
Jan
May
2% May
6%
6%
6
54
57
4%
700
5%
577/a
58%
5%
500
6%
Oct
Apr
53% May
1,150
5%
2,300
400
Nov
40
Apr
11
—
25c
2.50
Mar
6
Aug
1
•
•
Gas
7% Feb
11%
4%
7%
69
9%
Oct
Apr
10%
10%
300
10 %
Nov
21%
25%
25%
300
14%
Jan
27
~3
~2%
3
2%
1,200
200
25
41
xl3
41
41
59
9%
2 Ve
10
Xl3
41
2% May
1,300
2%
61%
1,720
9 Va
400
9 Va
49 %
,
8
5
5
500
May
Feb
Nov
46 % May
Apr
61% Nov
May
"4%
"4%
800
3% May
13'A
13 Va
13%
600
10% May
8% May
73%
43
73%
150
73%
20o
72
13%
12%
13%
1,500
lVa
12%
—
43
1%
12%
—
•
1%
12%
3,200
200
—
Feb
Jan
"4%
__
~4
Feb
July
6%
14% May
35
13'A Feb
14%
4% May
94%
12% Mar
Oct
'
—
Jan
60 %
10%
—
Oct
Jan
14
~6
9% May
Feb
Feb
114% July
~6
*
100
1
15% Feb
25
50
150
10,000
10
•
•
Corp of Nevada
Public Service
45
25
6%
6%
107%
54
common
Prosperity Co class B
Providence
45
25
6
6%
100
of America
Inc
Metals
9%
""
*
1
Jun
4%
Apr
10 %
—
1
33
July
8%
12% Jan
30
10
shares
Apr
12
Jan
Sep
V<s Nov
29,600
105
Oct
25
24%
as
Pioneer Gold Mines Ltd
Oct
Nov
Oct
102 %
34%
12
•
Pierce Governor common
21 %
31% May
3% Apr
Jan
Feb
13%
11
*
-*
Philadelphia Co common
Phillips Packing Co
Nov
174
8% Feb
16
12%
2.50
Corp
& Rubber
Pharis Tire
31
Apr
Jan
Nov
1
20
Jun
11%
2% Jan
Jan
31
109%
29%
13%
*
(The)
Pepperell Mfg Co
25%
Jan
31% Feb
Jun
2.50
Co
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common
Pleasant Valley Wine Co
7%
24
.[7%
Monroe Loan
Mountain
Elec class A common
Pep Boys
<6%
Miller Wohl
12%
122% July
8V2 May
9% May
400
11%
Apr
% May
2,600
9%
Cement warrants
Gas &
3%
—
*
Mid-West Abrasive
Midwest
4
10%
Products—
dividend shares
u
9%
Jan
124
97%
13 %
Piper Aircraft Corp common
*
Midvale
2'A
10 %
Midland Oil Corp $1 conv pfd
$2
110
%
15% Sep
10% Jan
Oct
18
1
3,500
4%
5
Steel
7% May
104
530
121
Jun
10
200
1
*
Patchogue Plymouth Mills
1%
4%
Middle West Corp—
Ex-distribution
Midland
300
12,200
Feb
47% Jan
21% Jan
5
Co
Pen
5% May
.1
v
9%
105%
Jan
10%
Jun
Pantepec Oil of Venezuela Amer shrs—
Motors Corp
1
500
II
*
c
9
104
32%
6%
Paramount
6%
1
Apr
15Ve May
4% Apr
2.50
Nov
May
Feb
15
251/2
42
11
10
v
1st pfd
5%
1
Middle States Petroleum class A
13
3
1
Securities
Overseas
Sep
7
May
11% May
15
Corp
30%
800
82
July
10 %
x24
Aug
400
13%
14
3
38
O'okiep Copper Co Ltd Amer shares
Perfect
Micromatic Hone
2% Jau
2% Nov
*
*
25c
Preferred
1% May
11
preferred
3
6
Participating preferred
900
12 %
38 Mi July
.
1
Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co
Jan
6%
*
100
Corp
Jan
67%
1
82%
Pacific Public Service
*
preferred
15%
Oct
*
Jun
1
Messabi Iron Co
57
42%
1
B
25%
5
common
Jan
15
1
15
Gas
Oliver United Filters
Jun
*
Merritt Chapman & Scott
Warrants
6% 7c
Natural
Old Poindexter Distillery
Jan
23%
1
Memphis Natural Gas
Menasco Mfg Co
Jan
8%
3% May
1,800
9%
1%
Pacific Power & Light 5%
*
Co
120%
31%
120
109%
Pacific
10
Dredging
Mead Johnson
105
121
•
100
Jan
x24%
Jan
NOV
4
30%
105
50c
B common
preferred
Jan
*
18% July
May
Apr
88 %
•
4%
10
Feb
13
10%
10%
20%
13%
Sep
4,000
61%
1%
12%
Apr
10%
Feb
5
6% Jau
4% Jun
500
60%
%
Oct
*
Corp common
preferred
McWilliams
200
1
preferred
170
6
1%
5
13
10
common
90
88%
12% Xl3%
•
common
Mfg Co
500
14
£i
Power Shovel
Massey Harris
class
Co
90
Marine
Ltd
Feb
5
9%
1
100
100
*
Co
International
19%
5%
Ve
Mapes Consolidated Mfg Co
Communication
19%
14
1
Manischewitz
19%
4
May
13
14%
•
Pacific Can Co common
63
9
300
100
4%
30%
1
Ogden Corp common
Jan
450
5
300
Feb
11%
52%
111
9%
15%
24
Jan
7% May
49 %
17%
May
Mar
Jan
Nov
60
111
14% Julv
Oct
14
Feb
31
29
Nov
49%
Manati Sugar Co warrants
Mangel Stores common
Marconi
Northrop Aircraft Inc
Novadel-Agene Corp
16%
175
17%
Oct
10% May
17% Oct
2
6
18%
89% Jan
7% May
5
Northeast Airlines
1
North Penn RR Co
50
Northern Indiana Pub Serv 5% pfd_100
Northern States Power Class A
25
21%
61
111
May
Jan
July
15
21% May
9
Oct
70
Central Texas Oil
Oklahoma
10
common
5% May
Jan
16%
400
id
13
Juu
15%
32% Jan
60
Co
(The B)
B
Northern
M
Public Service
preferred
Class
Jan
Jan
16%
%
Mackintosh-Hemphill Co
Maine
$6
12
20
21%
1%
Apr
2,000
1%
1
May
29
25%
Long Island Lighting Co—
Common ctfs of dep
43
May
3%
5
5
Mines
Noma Electric
North American Utility Securities
Sep
12
8%
Jun
12
10%
Oct
13% May
20%
2
61 %
1
•
Nipissing
Jan
25% July
23 Mi Bep
1
Lynch Corp
20
25
1
*
1
7
1,200
45
3%
6
—
Nineteen Hundred Corp B
Jun
100
xl8
16 %
Louisiana Power & Light $6 pfd
*
1
Apr
2
200
Aug
8
4% Feb
Jan
Oct
35%
10
887/a
100
41%
Sep
Apr
2 % May
2,000
6
187 Ve
Jan
16% Oct
5Va
15%
-
*
1
Oct
11 »/4 May
9%
—
•
•
16
21%
1
3%
Jan
1,200
1
preferred A ctfs of dep
6% preferred B ctfs of dep
Louisiana Land & Exploration
37/e
30
44
15
Corp common
Longines-Wittnauer Watch Co
~4
North Amer Light & Power common—1
7
10
Gas
13 %
"3%
North American Rayon class A
100
»
Logansport Distilling Co
12%
Jan
10%
17%
1%
18
*
class
—
34
24%
100
~3%
9% Jun
24% Nov
5 Mi
«
Steel
800
Jan
100
preferred___25
Class B
1,000
Nov
10%
5
common
18
10%
15j/8
5%
200
38%
16%
7%
5%
8,600
13%
10%
29
25
Feb
24%
10% May
Shipbuilding Corp—
Founders shares
Niagara Hudson Power common
5% 1st preferred
5% 2d preferred
Class B optional warrants
12%
25
Corp
Brothers
Lone
8%
*
(R G) Inc
Lipton
Locke
2,500
17% July
15% Feb
8% Oct
12%
38%
21% May
23%
1
Material Co
Loblaw
8%
8
A__*
5
Development
Le Tourneau
Lit
700
7%
5
Prior preferred
Line
May
11 Mi May
5% Apr
5% May
•
Lanston
Leonard
11% xl2%
8
29
1
Bakeries
11%
—5
common
United
12
12%
18
•
10
10
N Y Auction Co common
N Y
10
10%
•
(Herman)
Niagara Share Corp class B com
Niles-Bement-Pond
Laclede-Christy Clay Products
Mar
138%
14% July
12% July
2,800
38%
38%
5
5
Nestle Le Mur Co class A
Nelson
Feb
6
19ya
-1
common
10
Knott Corp
40
100
pfd B
Kirkland Lake G M Co Ltd
Klein
108
108
100
37
43
1
Mfg & Stores common
1
Pressure Cooker common
2
Radiator Co
4
Rubber Machinery
*
Steel Car Ltd
—*
Transit common
1
Union Radio
—30c
National
Kimberly-Clark Corp—
4%%
Sep
18% May
12% July
200
3%
38%
—
12%
18
Jan
200
6%
3%
13%
1
National Mallinson Fabrics
6% Feb
15
6%
_
3%
National Fuel Gas
Jan
National
15 %
900
25
Feb
7%
National
15%
14%
15
_
*
preferred
22%
K
1
98
—
•
-1
Corp
Inc
National
Corp
High
Jan
N
Nachman
National
Kaiser-Frazer
60
14%
14%
7% Feb
7%
Co
30
Jan
National Bellas
Glass
400
103%
102
103 %
*
2.50
10
National Breweries common
Jefferson Lake Sulphur Co
Jim Brown Stores common
LOW
31
30%
22% Feb
Namm's
Jeannette
Range Since January 1
High
Jan
5,500
10 Mi
trust ctfs—*
Irving Air Chute
Shares
Low
*
100
Mountain States Power common
18 %
*
Italian Superpower
Feb
10%
Interstate Power $7 preferred
Royalty
Sales
for Week
of Prices
Par
10%
11%
Range
Sale Price
Exchange
Curb
High
10%
Investors
Fireman Mfg voting
York
New
Range Since January 1
High
*
International
Week'#
Last
Friday
STOCKS—
1%
Safety Razor B
Iron
14
17 %
17%
International
common
NOVEMBER
10%
--
10
International Products
EXCHANGE
ENDING
Sales
for Week
of Prices
Low
CURB
WEEK
Sep
May
Oct
9% May
1 % May
11%
Feb
7%
Jan
17
6%
Feb
Jan
19% Feb
13% Feb
96%
Oct
48
Feb
85
Mar
13% Nov
2%
Feb
Jan
11%
Sep
17%
8%
Apr
10% Oct
of Colorado—
cumulative
preferred
Puget Sound Power & Light—
$5 prior preferred
Puget Sound Pulp & Timber
Pyle-National Co common.
Pyrene Manufacturing—
100
•
*
8
10
100% Nov
103'A Sep
xl00% 100%
225
99% 101%
100%
125
99%
Nov
25%
Jan
45
Apr
14% Feb
May
11% Feb
42%
42%
42%
500
13
12%
13%
300
9%
300
8
8
8
110%
Jan
Oct
31
32
THE
(2020)
COMMERCIAL
NEW
YORK
RANGE
Week's
Friday
Exchange
Curb
York
FOR
CURB
WEEK
Range
Shares
Low
NOVEMBER
Friday
High
Low
•
Power
90 %
150%
Co
90%
220
20
85
May
96
150%
Nov
170
15
*
May
Jan
Feb
18%
Feb
Railway
&
Tishman
Tivoli
2%
11,800
.10
A.
17%
17%
325
-1
10
2% May
31
36 Va
54'4>
__
31
36%
54 %
10
8%
7,700
8%
-5
8'4
10
Petroleum
100
rets ord
Lux
Feb
Tri-Continental
Oct
Trunz
Jan
Tung-Sol
51
Feb
55 %
Sep
6% May
13%
24%
300
22
May
32%
Jan
4%
4%
600
3% May
6%
Feb
1,500
40
22%
20%
100
7%
22 7
a
2,700
18,500
*
1% May
Nov
97
Mar
Co
*
12
100
1
Petroleum
11
Oct
80c
2%
Feb
32
Aug
3%
Apr
6 %
Jan
227/s
NOV
Apr
24%
Feb
Apr
10% July
3% May
~7
5%
1
Samson
United
9 %
10,600
5%
400
5
Sep
3%
18%
Feb
14
6%
Apr
Feb
11
6%
Oct
Investment
Oil
Union
Co
nfd
14%
13%
15 %
2,700
7% May
16%
Oct
41 %
40%
43
3,200
27% May
44%
Oct
11%
11%
12%
25c
Stock
*
Bchulte
common
"2%
(D A) Inc
common
Steel
Co
32
25
common
*
Securities Corp General
Seeman Bros Inc
United
Corp
United
Industries Inc
Convertible stock
Sentinel
Sentry
&
Milk
Preferred
Amer
dep
NJ
Profit
Leather
Silex Co
4%
Products
Universal
Feb
Utah-Idaho
4%
Jan
2
Apr
3%
May
21%
90 % July
92
July
~5%
"5%
~5%
500
1
2%
2%
2%
600
1
1 %
5
1
25
500
Canada
5 Va May
2 Va May
13%
Jan
4%
Feb
2
Feb
1
Apr
Jan
13% Aug
100
11%
Jun
14
2%
2%
17'4
14
*>
O
17 %
12%
12 %
70 Va
__
70%
700
2% May
17% Nov
73
24
14
Sep
•
67%
11%
11%
11%
11%
125
*
10
Apr
May
4%
preferred
~8%
%
~3%
115% July
27
13
17
Feb
Oct
Feb
Utah
Sep
39%
Jan
6%
Apr
9%
Oct
530
250%
Nov
4%
4 Vb
500
3'/a
Sep
5%
Sep
102%
9%
10%
1,800
250'4 260
—
98
*
1
Manufacturing Co
24
10%
Apr
7% May
3% Sep
312
Jan
Apr
Apr
25%
Oct
15%
Jan
1
common
4
4
1
4%
4'/a
4 "4
1,700
2% Mar
4%
Sep
1
Corp
8%
8Va
8%
2,200
5
9
Feb
4'4
400
May
8%
Feb
4%
4%
100
12.50
36
35 %
36%
3,200
27
May
36%
Nov
10
29
29
29%
70
27
Jun
35%
Feb
1
Southwest Pa Pipe Line
3 '4 May
7
Jan
Southern
California Edison—
5% original preferred
4.48% conv preference
4.32% cum preferred
Southern Pipe Line
Standard
39
—
25
5
29%
1,400
28%
Nov
33 % July
25%
600
25%
Nov
29 %
4%
200
3% Aug
16% Jan
31 %
34
34
2,500
5Va
5%
100
6%
6%
100
6 %
12
400
3%
1,600
18%
xi9
25 %
3%
10
common
13%
23 '4
12 %
Forgings Corp
(Ky)
19%
350
10%
10'4
29%
29 Va
29 V2
1%
10
Light
Preferred
1%
2
115% 115 Ve
—
Products
10,400
Steel
Stein
(The)
(A)
&
Co
(J.
B.)
Jan
common
25%
36
3
Nov
May
200
9%
Sep
2,800
27%
Jun
&
35
1% May
1% Oct
100
May
4
$4
3%
130
Feb
Sep
12%
Feb
255
3
Sep
4%
Feb
400
4% May
9%
Feb
62 Va
50
25'/a
200
61
Sep
Venezuela
Vogt
Co
Waitt
Apr
293%
Feb
3 Va
42
60
Sep
71'/a
300
2,900
11
20%
20'4
20%
550
2%
2%
2%
300
100
85
10
.
85
85 %
15
14%
15
2%
__
5
..
*
common
8% May
49% July
14% Feb
May
23%
Jan
May
20%
Nov
2
May
3%
Feb
82
Jan
89%
Apr
10% May
18%
Feb
600
2%
Apr
15
1,400
3%
2%
Nov
40%
10 V8
15%
10
Feb
13% Mar
60
2,550
Jan
9%
50c
_
41
2%
3%
Oct
3%
Oct
Feb
600
41
40%
2'/a
Jun
1,000
26'/a
Apr
41
Oct
19% July
,
23
Jan
__
29
4
29-%
22 %
250
32% Mar
May
3
May
1,000
21
May
900
8
May
10
22 %
21%
23
2,400
4
3%
1
preferred
77%
Feb
17% May
27 Va
Feb
Jun
29%
Feb
8%
s5o
6%
Jan
8%
Oct
2%
2,300
2%
Sep
5%
Feb
10'/8
2,400
7
May
13%
Feb
11% May
17%
Jan
2%
Jan
14'4
500
1
1 '4
1,200
13% May
18
Sep
23%
23%
50
20
Feb
32
1,150
26
May
May
32
31%
7
Jun
17
%
17%
225
3%
600
1%
3%
15%
15%
16
$2
pfd
cum
Ward
94
May
126% Mar
Oct
7% May
Warner
3 Va
400
1
...
30
....
Co..
4%
Jan
22% Mar
5%
12%
Feb
350
1
Corp
Utilities
$6
1.25
Maryland Ry 7%
Western
Tablet
&
Westmoreland
Weyenberg
Wichita
Inc
(Wm)
River
Williams
C)
(R
Willson
Elec
Wisconsin
Woodail
P
L
Woodley
w
25
_
_
Nov
12'/a
Feb
8%
Feb
2%
Feb
550
2%
2%
2%
100
1 Va May
8%
8%
800
17%
17%
2,800
30%
30 "a
100
May
25
May
Jun
18
18
18
Jan
14
50
17%
Jun
13
Oct
113 '/a Mar
18'/a
Oct
155
Oct
32
Mar
37% July
27
Sep
Oct
18
Apr
19
28'4
Nov
Oct
21
17%
17%
200
11%
Sep
20 %
Jan
13%
13%
25
13%
Nov
19%
Jan
5%
13%
5%
300
5%
Sep
8%
Jan
Feb
May
17
17%
200
16%
Sep
21%
16
17
16%
200
11% May
17Va
Oct
Nov
108%
Feb
May
16%
Feb
9%
Jun
12 %
July
9%
Sep
14%
Jan
2% May
3'4
Feb
106
2
1
Jan
26
100
_.
Feb
8%
105
18
9 Va
6 '/a May
111
14
11%
14%
200
11
11%
1,300
2 %
3,900
.
11
Ltd—
(F W)
American
May
6
3% May
3,500
8%
Feb
27
14
100
6%
4%
__
pfd.
Inc.
Apr
Feb
6
*
_
4%%
Feb
5%
4
17%
Jan
Apr
6%
1
_
3%
13%
113%
2'/a Aug
300
__
1
Petroleum
Woolworth
16
%
*
.
_
common
&
10
Co
w
2
1
Inc
Industries
6 7c
5s
receipts
deposit
preference
Wright
_
__
£ 1
_
•
Ltd
Hargreaves
...
—
„
2
j7G
2%
1
Nov
12% May
3% jun
12%* Apr
Friday
BONDS
York
New
Curb
Interest
Amer Writing Paper 6s
Appalachian Elec Power 3'As
Appalachian Power deb 6s
Associated
35% Aug
10
July
20%
Jan
4%
Jan
16% Nov
series
5s
Bethlehem
§Central
Service
11% May
19%
12%
20%
Feb
May
Oct
Feb
115
119'4
100% 101%
26
100%
103 %
100% 101%
19
100'4
105%
j-j
2
106%
108'/a
J-D
118
101 %
1948
J-J
84%
1954
M-S
Jan 1966
M-S
1958
5s._
1969
..1977
87
104 %
84
84%
44
85%
87
88
&
(Bait)
Pwr
mtge
ref
mtge 2%s ser
2%s series R
106
64
(Bait
16
103 Va
105%
104%
106%
82%
93%
84%
1
84%
92%
106%
27
105%
7
100%
105% 106'4
82%
85
106
J-D
J-J
1981
mtge 4%s
Lack & Western
N
ser
J
A-O
M-N
1954
—
A-0
1993
r_1993
M-N
56%
8
55
May
27 %
27%
27'4
1
25
99
99
99
1
99
100% 101
A
99%
1100% 101
107%
107
71
107
—
108%
116%
•
109
106%
105%
114'%
■
1115
120
119%
RR—
Division—
mtge 4s ser B
Gas & Fuel 3%s
106
14
103% 104%
105%
1969
1976
Q
City)
94%
103%
297
104
M-Q
83
93%
64
—
3s ser r
1st mtge 4s
115%
165
101 %
1962
ref
ref
of
10
104% 104%
84%
Lt
1st
Eastern
36
A-O
J-J
Registered
Lackawanna
180
110%
165
1
111
101% 102%
Corp—
5s
El
111
1:165
111
Q-F
Electric
5
118
106% 107
J-D
5s
A 1st
111%
101%
J-J
1970
Delaware
122
High
102%
106%
13
101
3s
Gen
Low
m-N
Debenture
Gas
January 1
No.
j-j
Debentures
Consol
Range Since
Sold
106% 107'4
1998
States
Debenture
Bonds
100%
High
J 10 1 372
6s
(10%
redeemed)
A5%s
(10%
redeemed)
Cities
J-J
J-D
2%s
A5s
Oct
Jan
Friday's
1964
C
Steel
Edison
Boston
Feb
Apr
or
Bid & Asked
1953
A
5%s
City Electric 3%s
Telephone of Canada—
10%
8%
Week's Range
1955
4%s
deb
Tel
&
1961
1970
2024
Atlantic
Bell
34 V4
117
Sale Price
1960
Electric
Tel
Jan
8%
Last
Period
Exchange
Low
10% May
4,500
Jun
8% May
10
__
1
common
preferred
Winnipeg
*
.
.
&
Brothers
29 '/4 May
20
Feb
110
2%
15'/2
__
#
Corp..
Products
300
100
July
100
9%
20
..
Co
Oil
~2%
com
_.
.
&
%
__
1st pfd. .100
.
MIg
Shoe
Whitman
5
Stationery
Coal
Westmoreland
3,800
12'%
4
14
1%
"9
*
preferred.
Coal & Coke
Western
10 >/4
117% 117%
Feb
Sep
4
Manufacturing
14%
400
2%
11%
1
Texas
32%
14%
3
100
_
Virginia
10%
14%
3%
trust ctfs ext.*
West
13
14%
1,700
•
Wentvvorth
32%
50c
6%
_
_
Watch
2%s conv debs
Consolidated Gas
12%
6 3a
20c
Inc
Aircraft
10%
__
6%
Baking Co warrants..
14%
2
11%
110
1
•
Co
Bond
32 »/2
100
10%
110
5
Syndicate Inc
&
1
7%
Oct
May
1 %
13%
1
_
.
*
page 33.
63%
40%
common.. ..10
Wagner Baking voting
TZc
preferred..
*
For footnotes see
62%
9%
*
Petroleum
Aircraft
Taggart Corp common
Tampa Electric Co common
pfd
7% Mar
W
Waco
Technicolor Inc
Light 7%
—
200
„
14
*
Manufacturing
Assoc
T
&
Feb
5
_
warrants.
_
1st
Power
62%
1
__
Oil..
1st
T^xas
28
10
Feb
3 <4
25c
10
Texon Oil & Land Co
Apr
248
1%
__
25
—
common
convertible
Venezuelan
Feb
14
.:
32
Textron Inc
Oct
24
—
1
.
Light
32% Mar
3,000
2%
22
common
—
26
4% July
17% Mar
8%
& Co common
Corp
_
Apr
Feb
23%
Nov
5%
"8Vs
"2%
Stroock
Sunbeam Corp
Sun Ray Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
Feb
16%
Jan
12
14%
"l
Oil
Jan
25
—
(Hugo) Corp
Stop & Shop Inc
Swan Finch
9
Feb
62%
62 '/a
Stinnes
(S)
Nov
2%
Oct
8%
5%
—
common
Co
34
l>/8
Corp
Sterling Aluminum Products
Sterling Brewers Inc
Sterling Engine Co
Sterling
Inc..
Stetson
8% Mar
May
4% May
8%
of Canada
Co
27%
1%
21% July
13% Feb
Co
Standard Tube class B
Starrett
4 %
Jun
1%
8
2.78
20
Aug
4%
5 1
preferred
46
25'4
25 '4
10
Co
Sep
28%
25
Common class B
Standard
19'/a May
May
V
5 7c
25
Oil
Power &
Oct
4,600
__
""l
common
Valspar Corp
Wilson
Standard
18%
23 %
1%
25c
__
_
Sugar
Power
Waltham
900
100
Paper Mills
Standard
Apr
—
100
_.
.
West
Solar Aircraft Co
Solar
convertible
14%
29
Feb
36%
255
Dredging Corp
1.200
___
__
Feb
73
200
1,000
•
£ 1
$1.60
il Jan
45% Mar
200
17%
Jan
9% May
Oct
100
106% May
22% Oct
100
Standard
Aug
39%
14% Mar
--
*
common
1%
Jun
8%
--
*
Co
Standard Cap & Seal common
Convertible preferred
Jan
7%
40
22
22
Feb
May
♦
Royalty
% May
A$r
62
Feb
13
78
Amer dep rets ord
regis
Sioux City Gas & Elec Co—
Southland
26,000
f(T
iff
Jun
Mar
Feb
50
1
Spencer Shoe Corp
Stahl-Meyer
Inc
Standard
Brewing
Apr
Jun
2% May
26
.
Reclaiming Co
Stores
Jan
80%
South Coast Corp common
South Penn Oil common
Rubber
21%
Publications—
Manufacturing
S
May
1,650
preferred
(Howard)
U
2% May
24
7
104%
*
Securities.
Insurance
3,500
8
Sonotone
Universal
2'/a
1
Boss
Feb
18'4
—
Simplicity Pattern common
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
3.90%
13%
83%
common
convertible
Smith
May
100
Simmons-Boardman
$3
Consolidated
May
Nov
17 Vb
10
with
United
19
Jan
92%
__
X39
7
common
Universal
2 %
preferred
Sherwin-Williams of
Sick's Breweries Ltd
Radiator
Sep
83%
common
new
preferred
1st
S
Jan
17'4
Shattuck Denn Mining
Shawinigan Water & Power
Sheller Mfg Co
4%
$5
U
Jan
2%
common
Sherwin-Williams
_
common
International
6'4
50
1,700
_
_
37%
20 Va
3%
%
...
_
37%
20 Va
Feb
9%
5% May
«...
125
3%
10
United Specialties common
U S Foil Co class B
Apr
2% Aug
11'4
6
56
common- ..25
Machinery
Jun
1
Corp
Shoe
3%
17
___
Feb
Sep
7% May
94 %
3 3a
—
_
29%
100
_
3%
2% Aug
92%
—
__
.
_
preferred
and
8
800
*
Sharing
Graphite
May
500
2,000
.50c
common...
Canal..
&
RR
S
26
2%
100
...
ord regis—
rets
United
1,100
600
Feb
7%
_____
4,600
12,700
12%
United Molasses Co Ltd—
Oct
3 Va
Oct
7%
2%
—
Railways
4
2%
Feb
Oct
8%
7
—
com
common
33
18
7%
*
S
Feb
2%
Jan
32%
7%
_
—
Products
U
17%
Inc
Radio
18
2%
3 Va
1% May
Jun
7%
*
Light
U
1
25
Safety Control
Corp class B
Serrick
Seton
B)
2%
2%
4% Mar
4% May
2%
_
Corp
United
Feb
6%
700
Jan
July
1,100
Va
7'/a
_
_
Omaha
of
United
Nov
3
12%
800
Jan
2%
1,400
10
..
common.
Corp
5%
—5
common
prior stock
Allotment certificates
(R
X9%
*
warrants
Elastic
12%
3 Va May
12
*
$5.50
Semler
~7
5
__
Products
Gas
Jan
1'% May
12%
2%
2%
~7
*
United
May
100
33%
*
Jan
X9%
_
_
700
33
1
Selected
3%
1%
10c
_
A
Chemicals
6%
900
33
1
Segal Lock & Hardware
Selby Shoe Co
4%
30
3%
1
Manufacturing
Scullin
~2%
4%
~2%
Oct
May
*
Co
Yards
Aircraft
United
2 '4
1
Schiff Co
Scovill
25,300
1
Sayre & Fisher Brick Co
102%
12%
105
Calif—
of
series
Preferred
*
common
Nov
"7
Corp.
Canada.
of
Gas
$3.75
Mar
50
(Del)
99%
—
Corp.
Chemicals
Union
Feb
1
Corp
Savoy Oil Inc
125
63 %
U
United
pref
May
July
27
Unexcelled
10%
conv
warrants
Lamp
Realization
Ulen
107% Mar
14% July
7% Oct
15
12
1.25
Oct
79
99% X100
8'/a Mar
15!/2
6%
10
Lawrence Corp Ltd
100
Works
convertible preferred
United
11%
1
140
Inc
Union
1%
99%
25
11%
100
93
7% July
Jan
Apr
Jun
8
Sep
24%
11%
"l%
5%
49
Jan
24 '4
5
80
Jan
24%
1%
100
91%
91%
Corp
31%
2
Oct
19
Apr
7
54
--
.
4%%
38%
>
23%
97
12
7
~1%
regis
pt'd.i
Edison
United
Class A $2
1,000
17
Oct
54
—
reg
27% May
29% May
18% May
5'% Sep
Royalite Oil Co Ltd
St
17%
17
__
Stocks
1 %
£l
6alt Dome Oil Co
Jan
3 % May
14% May
400
*
common
22%
400
150
1
Ryerson & Haynes
12% May
700
500
5
Ryan Aeronautical
Ryan Consolidated
300
4
6 %
1
common
14%
1%
23 Va
Co
Russeks Fifth Ave
14%
3%
23
100
Rotary Electric Steel Co
Oct
14%
1 Va
21%
Roosevelt Field Inc
Root
22%
Security Trust Co Ltd—■
dep
Union
dep rets for ord reg
Cable Corp common
Nov
4
23
Valley Gas Co—
(Texas Corp) v t c
Amer
19
1 Va
Grande
Rome
600
Trans
4 %
pfd F
45
19%
Feb
*
Rochester Gas & Elec 4%
Roeser & Pendleton Inc
Rolls Royce Ltd—
Jan
19
19%
22
Rice Stix Dry Goods
Richmond Radiator
Rio
33
19 %
Toledo
5
22
High
150
Jan
•
6%
Low
44'/a
Construction—_
&
Range Since January l
High
43%
5%
Apr
1% May
31
*
Low
44%
Tonopah Mining of Nevada
15%
__
*
$3 convertible preferred.
Shares
Co
Allied
&
dep rets def
Todd Shipyards Corp
2%
for Week
5
~
common
Realty
Brewing
Tobacco
Sales
Range
of Prices
5
common
Amer
Light Securities—
Voting common
Railway & Utility Investment
Co
Corporation
Roofing Inc
Amer
2%
Week's
Last
Sale Price
Exchange
Par
Shovel
Tobacco
R
:s_
Curb
High
Tilo
150% 150%
90'a
100
common
preferred
York
New
Thor
6%
14
STOCKS—
Range Since January l
Thew
Quebec
Monday, November 17, 1947
EXCHANGE
ENDING
for Week
of Prices
Par
Quaker Oats
CHRONICLE
FINANCIAL
Sales
Last
Sale Price
STOCKS—
New
&
'
1965
J-J
56%
57%
68%
36%
106
Volume 166
THE
Number 4647
COMMERCIAL
NEW
Curb
Exchange
Last
Finland
5s
1956
M-S
1961
Residential
Bonds
Friday's
or
Bid & Asked
Period
Low
Elmira Water Lt & RR 5s
WEEK
FOR
ENDING
(2021)
EXCHANGE
NOVEMBER
14
M-S
t__
Range Since
Sold
Low
Foreign Governments & Municipalities
January 1
No.
High
High
120
84
55
—
124
63
1120% 121
65
BONDS
Mtge Bank—
standard
AGeneral
CHRONICLE
Week's Range
Friday
Interest
BONDS
York
CURB
YORK
RANGE
New
& FINANCIAL
69
Rayon Co 6s ser A
Grand Trunk Western Ry. 4s
Green Mountain Power 3%s
1948
1950
J-D
$63
J-J
103% 103%
1
103'/8
1963
J-D
103 'A 103%
6
103
106'/a
Guantanamo & Western 6s
1958
J-J
New York
Curb
Week's Range
Friday
Exchange
Interest
Last
Period
Sale Price
or
Hygrade Food 6s
6s
series
lien
1949
A-O
1949
A-O
&. ref
$104
—
103%
107%
103%
4
104
104%
68
104%
Mortgage
Bank
A
20-year 7s
A20-year 7s
Bogota (see Mortgage Bank
ACauca Valley 7s
Danish
Cons
Municipal
(Col)
April 1946
A-O
Jan 1947
1948
J-D
2
102%
104
103 % 103%
8
103
105%
External
5'/aS
1955
104'A 104%
5
104'A 108%
External
5s
1953
F-A
$27
F-A
$27
1955
-
1957
33
—
-
29 '/a
series F
30
——
42
J-J
$27
1952
1957
Debenture 6s.
100
J-J
100
J-J
1963
J-J
$20
Kansas Electric Power 3'/2s—
1966
J-D
bt 104 %
Kansas
1969
J-J
*ff09
&
Light 3'/as
McCord Corp deb 4Vis
Midland Valley RR—
Extended at
4%
67 3A
1956
F-A
1963
A-O
67%
42
Maranhao
stamped
Interest
AMedellin
(Plan
reduced
7s
to
2'As
58
103
Milwaukee Gas & Light 4%s
1967
M-S
New
3'As
1961
M-N
Ltg 4s
2004
J-D
103
1968
AO
106'A
1971
A-O
1964
J-J
England Power
N Y & Westchester
Ohio Power 1st mtge
1st
Park
3'As
mtge 3s
Lexington 1st mtge 3s
Pennsylvania Water & Power 3 'As_ 1964
3'As
6"/o
San
perpetual
106'A 106%
103% 103 %
.
90
2008
104
53
65
Parana
Interest
de
ARussian
Counties
39
106
Gas
Spalding (A G)
103%
107
2
92
77
•No
g
3'As
AStarrett Corp inc 5s
5s collateral trust
(Hugo)
A7-4s
3rd
Stinnes
United
Electric Co
A5s
Wash
146
146
148
6
146
105
105
1
104%
106
$102
108'A
M-S
J116'A 119
116
A-O
,100
1965
M-S
A-O
J-J
+
1970
F-A
$105
M-N
102
A-O
+112
116
A-O
Penn
1
105%
1960
108
105'A
1
25
37
1
24%
32
3%
3%
161
2
6
3%
3%
3%
176
2
6
A Bonds
asked prices;
and
e Odd-lot
d Ex-interest,
x Ex-dividend,
Cash- sale,
r
sale,
f Ex-distributian.
y Ex-rights.
sales being transacted during current week.
no
traded flat.
being
Abbreviations
above—-"cod," certificates of deposit;
used
1959
F-A
"cons," consolidated;
"cum," cumula¬
"conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates;
when issued; "w w," with warrants; "x w." without warrants.
tive;
"w i,"
ICS
102
101
104 Va
89%
Stock and Bond Averages
117
68
71
Below
75
are
the daily closing
31
2
7
107
2
-Bonds10
30
106'A
63
'A
82
110
108
20
Indus-
47 '2
103%
10
77
1081 'a 108%
of representative stocks ana bona*
compiled by Dov/, Jones & Co.
47%
28
3
averages
the New York Stock Exchange as
on
-Stocks-
31
31
77
J-D
Rail-
NOV.
8
Nov.
10
Nov.
10
Grade
Grade
Utilt-
trials
Rails
Rails
ties
104.53
88.08
103.93
104.37
87.91
103.74
9.9.44
87.69
103.55
99.33
47.59
181.49
182.21
34.73
64.11
101.84
47.59
11
-
Btocks
tles
roads
trials
Date—
10
Becond
Indus-
65
Util-
First
10
Total
IB
34.65
64.25
101.75
rouu
40
99.60
'
1120%
122
Nov.
102Ji
102% 102%
13
105%
NOV.
—Holiday
Holiday
12
101%
—
108
115'/a
107
105'A
Nov.
107
14
Union—
debentures
f
28
26
~3%
sale,
Under-the-rule sale,
1051/2
103% 103%
A-O
Newspaper
28
107 3A
102
102
28
J-D
5s
98%
107%
1*03 >2
31
28
M-S
1964
2030
Traction
25%
81%
—
121'/2
42
+6834
J-D
1954
West
s
1949
4s
89
100'A
106'/a 106 %
A-O
5s
Electric
conv
J
18
108'A
97'A
103:14 104'/2
104'A
J-J
3'As
Power
Penn
6s
delivery
Deferred
^Friday's bid
Hotel—
West
Western
N
53
—
J-D
a
170
105
1940
debs
income
Water
of
52
46 %
$80
--
J-J
n
(Hugo)
Waldorf-Astoria
46%
1
4
26
1919
value,
109
M-N
1946
Industries—
A7-4s 2nd stamped
1
46 3
J-J
2012
Corp—•
stamped
46:%
46%
$20%
__
A)
6'As
Government
par
listed
Stinnes
(Plan
Ex-stock dividend,
108
107 %
1950
Elec
&
5s
2'As
2%
to
—-
3s
47
109
10
104%
1970
3'As
(Calif)
30
18%
104
5
19C6
Gas
Gas
to
stamped
reduced
A5'As
51
1989
California
Southern
~3
M-N
1947
1921
104 3A
M-N
3s
reduced
Janeiro
Interest
107%
105%
1951
Edison
34
43
29
stamped (Plan A)
102%
A-O
1952
3s
28
42
46%
M-S
111
107% 107%
105
—
14
94
21
$27
J-D
101%
92
1971
Southern
Southwestern
1972
& Electric—•
California
mtge
2
"l
88%
gReported in receivership.
Harbor Water Power Corp 3s_1981
Joaquin Lt & Pwr 6s B
1952
1st
103%
103
92
J-J
certificates—
Scullin Steel inc mtge
Southern
'
14
--
J-D
of New Jersey—
Queens Borough Gas
5'/2s series A
Safe
3
20
A-O
1931
105%
103%
103
--
105
2
$107
J-D
1970
Public Service
1947
102
„
59
58
3
88
14
M-N
J-D
AMortgage- Bank of Chile 6s
109
$102 »A 103
96
87
--
1951
94
Rio
to
81
86
2008
stamped—
42%
102y8
104%
'A 109%
45
$__
—
M-S
30
-
42
A)
Mortgage Bank of Bogota—
A7s (issue of May 1927)
A 7s
(issue of Oct. 1927)
98%
8
69
30
76%
22
—
$~
65
53
100%
1952
Altalian Superpower 6s
Power
41
J-J
Mortgage Bans of Denmark 5s
Interstate Power 5s
78
65%
8
—
&
Waterways—
A External 6%s stamped
1952
ALima City (Peru)
6%s stamped_1958
42
28%
—
42
32
34%
--
High
66%
41
28%
1952
(July 1941 coupon)
43
30
-
34
1957
(Aug 1941 coupon)
41
M-N
104'A
J-D
Low
Loan—
10232 102%
103%
Port
January I
No.
75
$68
—
M-N
1955
series E
$68
J-J
F-A
Danzig
Range Since
Sold
of)
J-J
Sec—
Bonds
High
—
1970
A6V2S (Dec 1 1941 coup)
A7s
56%
—
Agricultural
1963
A6%s series C
A 7s
—
Low
1950
5s
International Power
A7S
59
104
Jan
Indianapolis Power & Lt 3'As
A7s
$56 %
Jan
A
ser
B
Indiana Service 5s
1st
103 3 A
-
Friday's
Bid & Asked
105%
-
101.64
104.46
47.19
34.55
180.00
46.56
34.32
63.36
101.41
104.36
86.91
103.3J
9Jft9
180.05
46.79
34.20
63.41
101.09
104.28
87.09
103.34
98.95
181.04
63.84
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
14
NOVEMBER
Friday
Baltimore Stock
.
Friday
Week's
Last
STOCKS—
Sale Price
Par
Arundel
Corporation
Baltimore
5%
*
Transit Co
1st
preferred
*
15
__
100
Fidelity & Deposit Co
Maryland & Pa RR
20'A
20
vtc+,
147'A
for Week
Shares
Low
l'c
1.10
6.75%
20
North
U
preferred
prior
American
S Fidelity
Western
Oil
100
Co
25c
& Guaranty
National
50
Bank
__
105
1.00
44%
20
Shares
Low
14%
15%
,869
14%
Nov
25%
4'A
582
3%
Nov
9%
Jan
20%
20'A
5
19 %
Aug
44 %
Jan
147% 149
73
143
Oct
160
Jan
1.10
1.10
15
1.00
Sep
1.75
Street
Mass
57%
1.00
59
50
105
105
16
1.00
Jan
59
105
Nov
45
44
43
244
39% Mav
46%
Jan
43
8
41% July
45
National
251
12% May
6% May
18
93
8%
Feb
60
23%
40%
Oct
Stores
Safety
70%
70%
70%
Nov
93 'A
Jan
91
92
40
85
Sep
124%
Jan
22%
23%
20
20
Aug
47
Jan
28
28
28
30
25
Apr
30'A
Oct
60 %
59%
60 %
190
51% May
62-a
Oct
35%
34%
35 3'4
1,738
31% May
40
Feb
28%
23'A May
32% Mar
70%
27 %
28%
428
7%
7%
10
10
Co
19%
BONDS—
Atlantic
5%
Coast
ctfs
of
Line
of
Isle
Conn—
indebtedness
__
112
112
$900
112
Apr
112
Button
Royale
Machine
Hole
5s
Transit Co
series
debs
__
__
76'A
76'A
85
85
•
Copper
102% 102%
1966
2%
Jan
Feb
Aug
Cement
47%
49 3
a
427
4
Sep
41% May
51%
Jan
Feb
71
July
90'/2
Feb
Lone
•
68 "a
69%
68
58% May
78'
83
Aug
98
Feb
Mergenthaler Linotype
"
58 %
59 %
98
43 % May
62
Oct
1
12
12%
175
12
21
Feb
4,200
100
Sep
103
Aug
Star
England
Friday
Week's
Last
STOCKS—
Sale Price
Par
Butte
Pacific
&
B
17
17'A
140
14% May
19%
Feb
20
13'A
13'A
13%
2,583
13'A
Nov
13%
Nov
100
88 %
88%
90
440
88 %
Nov
2.50
64c
63c
66c
350
% Aug
1%
36
36%
70
26% May
30%
Oct
16%
17%
1,642
16%
26%
Feb
4%
Fpb
11%
Feb
5
Tel
Nov
System
Tel
Mining
Mills
•
Pennsylvania RR
50
16%
121
Nov
Sales
Jan
Jan
'
Range
Shares
25
Rexall Drug,
Range Since January 1
High
Low
High
Shawmut
Inc
Assn
4
4
200
2.50
Quincy Mining Co
for Week
of Prices
Low
Assn
Electric
England
North
Boston Stock Exchange
Racing
Nash-Kelvinator
New
Agricultural Chemical
Sugar Refining
100
4
9,000
New
American
3%
10'
22%
18 'A Mar
13,000
Mills Inc—
fsubordinated)
3
15
Copper—
200
20
Sep
Narragansett
1975
1975
Mt Vernon-Woodberry
4%
4s
A
Co
7%
Apr
Keiinecott
Baltimore
6
1
Razor
Bakeries
Int'l
Jan
22%
—*
Assoc
Electric
Hathaway
Jan
a
•
series A
Employers Group
Gillette
July
•
preferred adjustment
General
Feb
5
7'A
Feb
Jun
39%
Jun
38 'A
100
100
100
preferred class B
Oct
35c
16 7
2
•
1st pfd
6%
First
1.10
100
16%
20% May
7'A
Nov
Aug
37.
100
28
Ry—
6%
Apr
266
3
371'a
•
Service
Eastern
33
3
5
Trust
Prop
Calumet & Hecla
Clues
]
High
10
Personal
Boston
Low
30
100
100
Feb
3%
Range Since Jannary
High
RR—■
prior preferred
preferred stamped
6%
High
Mount Vernon-Woodberry Mills—
Common
& Maine
Boston
Range Since January 1
High
5%
100
for Week
of Prices
Par
Range
Sales
Range
Sale Price
STOCKS—
Sales
of Prices
Low
Week's
Last
Exchange
7
7
75
•
14%
14%
60
2% May
6%
Sep
13% Aug
15% Mar
American
Rights
Tel
Tel
&
•
.>100
wi
Woolen
•
Anaconda
Copper
50
Boston & Albany
Eoston Elevated
RR
Ry
1
100
stamped
49%
50
34% May
50%
Oct
41%
5
34% May
44%
•
14%
14%
100
10% May
17%
Feb
•
39
39%
45
32% May
42%
Aug
2,319
Oct
Co
—
117
19%
149%
Jun
174%
Feb
United
Fruit Co
1%
163.026
l'A
Nov
2,'a
Oct
United
Shoe
44 %
47%
160
26%
Jan
Oct
U
S
Rubber
35
285
31
42% Mar
U
S
Smelting
117
119
98
117
152% 155%
19'A
19%
444
18'A
May
Jun
Sep
51
135
20%
Jan
Boston Herald Traveler Corp..
For footnotes see page 42-
25
•
42%
42
26%
26%
Refin
Vermont & Mass Ry
&
common
Mng
57%
44%
Jan
59% July
63 3
4
525
60
Sep
71%
45%
46%
135
40%
Jun
60%
Co
Co
F»b
50
46%
46%
70
38% May
50%
Feb
25
55 5
100
145
*
15
145
5
140
May
146
Apr
July
Sep
System
(S D)
Inc
43%
853
39% May
50%
Jan
Warren
28
160
25%
37%
Jan
Westinghouse Electric Corp
Sep
55 %
62%
•
Machinery
Waldorf
Boston Edison
8
62%
10
4,006
l'A
34
153%
1%
American
49'/a
41%
—
100
Stone & Webster Inc
Torrington
American
Co
25
13%
Apr
15
*
12%
15%
28
15
40
13% July
27%
28
454
22% May
17%
Jan
18
Apr
30'A July
33
34
THE
(2022)
COMMERCIAL
&
FINANCIAL CHRONICLE
Monday, November 17, 1947
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
NOVEMBER
14
Friday
Last
Range
of Prices
Shares
Steel
Acme
Co
Corp
Admiral
Ball
Aetna
Castings
Aluminum
Advanced
Bearing
common
Laboratories
ed
American
Tel
common
Tel
&
capital
Co
Armour &
Asbestos
400
4'A
700
25%
1
4
3
Mfg' Co
10
common
Wi
(George
1
1
22
—
—
13
Jan
59 V*
Nov
6% May
3% Sep
10 %
Feb
10
15
600
12
32
300
26
50
Feb
Rolling Mill
35
35
100
97 Va
97 Va
100
97%
Bethlehem Steel
*
11%
26 %
Nov
Certain-teed
1
155 Va
1,100
150
Jun
174%
Feb
Columbia Gas
1ft
Hi
30,300
13%
14%
25%
153
50
9%
1A Nov
7%
2Oct
Products
Convertible
preferred'
9% May
15%
Oct
300
3%
1%
100
13%
Sep
General
4
4%
150
3% Aug
5%
Feb
Util
W
38
350
28
Apr
39%
Oct
Co
Nash-Kelvinator
York
X21%
22%
450
18%
Aug
New
13%
13%
250
12% Sep
14%
Feb
North
12%
13
550
11% May
17%
Apr
11
350
61
50
40
Mar
150
35
Jun
16%
Apr
43
43%
20
12%
12%
600
7
7%
1,700
2
2
50
600
13%
13
500
9%
900
(The)
8%
8%
500
63%
63%
63%
100
450
60%
61%
500
34%
34%
34%
50
26%
26%
27%
4,600
28
27%
28
50
5
37
•
25
common
6%
2%
5
Inc
Edison
7
*
Co
commonwealth
8%
*
Chicago & South Air Lines
Chrysler Corp common (new)
Coleman
9%
1
Chicago Corp common
Convertible preferred
12%
May
12%
Feb
Jun
6%
Feb
4%
Oct
7%
8%
400
5% May
8%
Nov
35%
35%
35%
900
32
May
393A
Feb
5%
3
May
8
RR
5%
6%
2,500
4
5%
5%
300
—a
17 Va
17%
•
Corp
Central
—
_
13%
13 %
13%
--
25 %
4%
4%
9%
9 5/8
200
22%
22 V*
22%
200
26
26
26
25
25
Oct
Apr
6%
Feb
700
14'A May
Feb
400
12% May
19%
22%
25%
100
24%
Jun
33%
Jan
5 Va
3,500
4%
Sep
7%
Feb
9%
4%
Feb
Feb
20
50c
common
Jan
May
1
Radio
8c
Graham-Paige Motors
T.nrlPrto! OAS
Light
Electric
23 Va
American
9% May
11% May
13% Feb
Pan
Motnr
21
•
rr«r
Corp
Pictures Inc
Paramount
Jan
45
:iio
Amer Airways
Nov
61
capital
Co
Pepsl-Cola Co
Feb
Pure
-2%
23%
Jan
Co
Nov
7
1V* May
1
com.
.33%
(The)
•
common
—
Nov
14 %
Feb
22
Nov
31
Jan
200
25
Jan
100
21% May
33 % July
28% July
Feb
20
Oil
new
2%
Feb
Apr
10% July
6% May
Jun
65 V* Mar
.
9%
8%
9 Va
.
10%
27
500
23
16%
17
700
Feb
15%. Feb
Sep
26%
—
10%
7% May
1,100
1
•
30%
13% Mar
May
Feb
15% Mar
8% May
•
.
Radio-Keith-Orpheum
Republic Steel Corp common
12
60%
9%
Oct
Socony Vacuum Oil Co Inc
—15
Standard
S
&
500
Nov
203A
Feb
7%
1% May
7% Oct
rnmm
~9V*
__ii
5%
97 Va
10
600
Nov
May
•
Television
Farnsworth
~5%
*
Radio Corp of America common
Cent
Mar
42
7
12%
11%
i~i
1,090
12%
2
Feb
Feb
12
97%
«
Electric
&
Motors
Continental
2
2
10%
1
s
Central 111 Secur Corp common
May
May
Feb
Jan
Feb
17
41%
31 % Mav
15
Jan
26%
61
common—1
Biscuit
Carr-Consolidated
3%
3%
5%
2% May
14%
Anaconda Copper Mining
Packard
5
12%
Burton-Dixie Corp
Butler Bros common
High
Low
400
32
•
_
17
11
37%
•
(E LY common
Co
__
10
Corp
capital
(E J)
—
—
•
Berghoff Brewing Corp
Binks Manufacturing Co capital
Brach & Sons
14%
——
Range Since January 1
High
II10
750
4
11
153%
Corp
American Radiator & St San cornAmerican
46
Low
1
Curtiss-Wrlght
5
Co common.
Mfg Co common
Bastian-Blessing Co common
Bruce
100
8%
li5s
Athey Products Corp capital
Automatic Washer common
Borg
59 V*
IV2
wi
Rights
Beiden
59 V*
1
5
*
*
100
Shares
Stocks—
Alleghany
High
LOW
10
common
common
Unlisted
Range Since January 1
High
Low
Par
for Week
of Prices
Par
(or Week
Sale Price
STOCKS—
Range
Sale Price
STOCKS—
Sales
Week'a
Last
Sales
Week's
Friday
Chicago Stock Exchange
OH
—25
Standard
fituftl Spring
of
22% Mar
38
Oct
Wilson
26%
33%
20 V8
20%
Mar
10 Va
10
10'A
Feb
23/4
2%
100
May
24%
Jan
12%
Sep
2% May
10% May
1,000
17
16
400
•
common
July
79% July
11% May
-r —
20 Vb
Sunray
66%
64
__
1
—1
1
Corp
Oil Corp
United Corp
Feb
Oct
J
N
Studebaker
17
4'A
Jan
Feb
Jan
Aug
5
56%
9%
Sep
Nov
__
Ar.
C.n
2%
7%
•
common
—
--
—
—
Oct
17
Consumers Co—
Common
Cumul
(new)
preferred
Doehler-Jarvis
Mills
flour
Corp
Credit
Domestic
(new)
Corp class
America
of
Four-Wheel
Drive
Fox
Brewing
(Peter)
16%
16%
500
10%
200
23
23
243A
150
*
.sard
uj
Co
common
H)
(W
*
Lakes Dr & Dk common
Great
9
——
—
—
13%
Feb
9% May
19 V2
Sep
4%
100
50%
Jan
55
Aug
300
52
Jan
65
Feb
9%
9
2,050
28%
28%
100
10%
200
16%
18%
50
16%
17%
500
6%
Apr
23% May
Jun
10
16 %
May
16% May
9%
Nov
31%
Feb
(G)
h*-ueinan
u
Corp common
Brewing Co« capital
Corp (new)
Hibb Spencer Bartlett common
323/4
18
64
16
Si Fibre
Paper
22
Oct
Churngold
20
Jan
Cincinnati Gas
25
300
17
Apr
25
Oct
Cinicnnati Street
253/8
200
19% May
26
Oct
Cincinnati
10%
10%
350
10%
Sep
15
64
65 Va
20
56
Apr
70
Feb
21%
22
270
20
Jun
x24
Jan
—
45
16
30
19% May
11
26%
Power
$6
preferred
Jim Brown Stores Inc
Katz
common
Co common
Switchboard common
Drug
Ke.logg
0
4%
12%
47/s
200
12%
12%
150
102
Nov
445
7
Aug
14%
Feb
244
71
Jun
99%
Jan
55
25 Va
July
10
"
116
116
25'A
20
Jan
6
115
Jan
100
24
Jan
32%
30
35
29
Nov
30
Nov
62%
63
45
53
Jun
69
Jan
23%
22%
22%
*
25
116
25
30
11% May
17%
Jan
Gibson Art
*
30
62%
25
49%
4934
Lunkenheimer
*
28
28
28
5%
5%
59
68 V*
70 Va
536
56% May
19
22%
Nov
16,200
A
Nov
May
Feb
23%
Nov
1
9
9
250
Jan
P
9
9
10
7%
Sep
24%
Jan
2%
2%
250
1%
Sep
6%
Jan
U
S
11% May
15%
Oct
U
S
10
•
Pumps
Randall
8%
8%
6
20%
13
8%
6
100
1,100
150
5 %
May
71
17
Jun
29
&
•
G
class
*
Playing Card
Printing
6
6
May
11
Apr
21%
100
16
10
300
*
to <73
26%
26%
400
50
50
4 5'A
47 V*
41/4%
m
ddle
Miller
$i
Corp capital
Hart
&
Minneapolis
Modine
May
25
common
Baneom
Northwest
common
common
Standard
invest
Util
common
pfd
lien
pr
preferred
Bush Shoe
Nunn
Oak
Co
51% Aug
53
Jan
20%
42
Manufacturing
common
B
common
Switch
Elec
Pennsylvania
Process
Ruth
Co
Packing
(new)
100
100
22 % May
34%
Feb
70
99% Nov
110 %
9%
24%
Feb
10
1,300
common
14%
15 Va
150
13% May
19
18%
18%
18 Va
100
16
Jun
21
22%
23
200
common
17% May
July
July
23 V* Oct
34% Aug
48
Jun
1,200
21
26%
Feb
170% 174
20
150
May
190
160
10
148
Jan
180
Nov
Jan
10%
Feb
9%
24
160
150
17%
17%
30
1
5
8%
8%
950
6%
1,750
6%
5%
17%
Apr
7% Apr
5% Apr
16%
105
106
70
93
Apr
21
——
10
21
100
21
Jun
700
16%
16%
17
11%
2%
—
—
11%
5%
5%
50
100
Nov
110
241/2
26%
Jan
Feb
Feb
American
Tel & Tel
Cummins
Roebuck
Sears
Serrick Corp
&
capital
Co
capital
class B
Corp
common
Prod
Sneilinar
common
Signode Steel Strap common
Sinclair
Oil Corp
Firestone
Tire &
General
Motors
30%
Feb
Apr
Co
373/4
200
Jun
29%
18 Va
Oct
Co
22%
12
8%
Jan
401/2 July
131/2
Oct
13
13
100
32%
33%
800
35
14%
150
10
Mar
151/4
Oct
15%
15%
200
14
May
16% July
x24 % Mar
Sp.egel
Inc
Louis
*
Forgings common
_1
R^Anderd
Oil of Ind capital
25
Stone
Container
Corp
common
common
1
Furniture
Sunbeam
Corp
common
9%
Feb
23% May
34.1/2
10
10%
400
30%
30%
30%
30
Trane
203
©
Co
So La
Union
L
5
2
Corp
(The)
common
Salle St Corp
0
Carbide & Carb capital—
a reel
common
Wieboldt Stores Inc
WiKi-unsin
common
Bankshares
Yates-Amer
Mach
common
—
—
9%
•
For footnotes see page
42.
280
27 V*
Jun
52% a52%
1
40 V*
May
(Un)—
com
Feb
35% July
54%
Jan
57
Feb
15
42% May
79
70
65
July
79%
Oct
8%
a8%
50
12%
Feb
21- V*
100
8% May
18% Jan
29%
Feb
50
42'A
Jun
61
Feb
a93/a
80
9V8
Sep
17%!
35 Va
130
Feb
32
May
39%
Feb
a58%
a 59
V*
25
51%
Jan
55%
Feb
a24%
a 25%
50
24
Nov
25'A
Nov
20
49
Jun
71%
Feb
60
41%
Jun.
61%
Feb
375
17'A
Oct
23
Feb
Mar
20
July
15 Va
July
36 V2
Feb
35 Va
--
(B F)
*' '
common
a5534 a553A
a46 Va a46 V*
17%
Gray Drug Stores
<>
173/4
17%
15
15
al3% al3%
•
Steamship
Machine
15
if
(Un)
Interlake Iron
33
33
__
a22%
Feb
Feb
Kelley
17% Mar
Aug
Lamson
50
33/4
100
3
10%
200
9%
40%
15
9%
10%
May
Sep
200
37% May
100
14
1,100
9%
May
Nov
17%
150
15% May
31%
31%
50
26% May
—
—
-
_
Steel (Un)
Laughlin
&
Jones
17%
19%
40
Jaeger
21
17 VA
-
__
—
*
a 22'/a
75
50
13
9% May
40
31
Jun
30
19
May
24% July
4% July
Feb
13%
44
July
McKee
(A G)
National Tile & Mfg.
Y
Central
Feb
N
Nov
Ohio
Feb
Packer.
Sep
Pennsylvania RR
33%
Brass
r
33%
—
^9
16%
Feb
250
9
Jan
14%
Oct
23
23
50
23
Nov
26
5%
Corp
a,
'>
34%
300
31
May
150
14
May
23% Feb
33%
34
500
21
May
35%
Oct
,.
r-
47%
54
Feb
-
—
Richman Bros
47%
565
4%
2%
Standard Oil of Ohio common— —*-10
8%
Jun
4',A Jan
Jun
13%
140
12
May
7
31
Jan
32
140
30
May
17%
138
16%
Nov
32
al6%
a
Oct
Feb
22%
38
Feb
Oct
35% Mar
.
.
26%
Feb
37% Jan
19%
3
13%
370
a37 V* a37'A
„
50
(Un)
5%
3
-•
....
■>
class B__.
33%
•73%
18
70
47%
Nov
100
89% Jan
74
400
62
May
18
50
16
Jun
23%
11
Jun
9% May
104% 1047/a
11%
Feb
150
13'A
—
——.1
RR (Un)
19
x22
4
Metropolitan Paving Bricks
IO1/2
39
27% May
11% July
12%
13%
23
class B-
new
10
12%
—10
& Sessions
a33% a33%
13 V*
Island Lime & Trans
19%
33%
•'
*
•
44%
a9%
10
5
(Un)
Harbauer Co
38
33/4
15
40%
*
-5
capital
Mar
a51 V* a51 V*
—
..1
(Un)
common
common
fciiS"1
Reliance Electric & Eng
Thor
37
21'A
Goodyear Tire & Rubber
Apr
8% May
30
10%
19%
—
*
25
Get
50
Feb
10
common
capital stock
& Co
6% May
150
5
Corp
Storkline
Swut
100
28%
20
1
Common
Standard
Stewart-Warner
6%
27%
2
common
Nat
Stockyards capital
Standard Dredging preferredSt
6%
27%
1
5
X)ct
85%
77
25
_
Nov
15Va
July
Oct
14 Va
Goodrich
Interlake
Society Brand Clothes common
South; Eend Lathe Works capital
.
_
...
_
:Oct
34%
27'A May
Feb
h
Oct
May
30% May
(Un)
Jan
2
Nov
11'A July
a
1
Rubber (Un)
1%
Feb
174%
80
CO CO
a54% a54Vs
4
_
25
1,035
5%
34 Va
3%
310
14%
81 Va
a
—
9
-
Electric
General
941/2
37%
13.
*
Rubber
33 Va
14%
a
High
Nov
22% July
149% Jun
a32% a33 Va
1
_
Range Since January 1
a40% a40%
•
corn-
.
Gabriel
32
50
15%
Apr
Jun
May
100
1,389
81%
(Un)
Apr
May
17%
1%
14%
L
Mfg
Railroad
Erie
276
a33VB
_
Electric Controller
61%
85
29
*
*
__
Consolidated Natural Gas (Un)__
6
28
17%
32%
_
common..
Electric Illumin.
Cleveland
14
600
28%
37%
—
Iron
Mar
120
1
•
1
*
__
_
Cliffs
preferred
4% May
30%
5%
Cleveland
Eaton
10
1%
*
& Fuel.
City Ice
$4.50
300
--
5
11
90
300
*
Elec Co common
Schwitzer
52
LOW
3%
153% 153 %
100
__
Shares
24% a24%
a
—
Glidden
Sangamo
(Un)
Rights
Faultless
Sep
Feb
5%
__
! 30%
Home
Cleveland Graphite Bronze (Un)
90
*
Jun
High
3%
1
Products (Un)
American
Jan
38%
23
Low
50<r
Akron Brass Mfg
Feb
23
37%
23
160
Feb
for Week
Range
of Prices
Par
Feb
37%
8%
*
10
common
13 % Mar
15%
23
71%
Sales
Week's
Friday
Sale Price
stocks—
Aug
13% July
8% May
17%
1
common
(The)
Corp
Qv.a'ter Oats Co
10
-—•
50
capital
(The)
(The)
Co
class A—-
RR
Perfect Circle
fcot.er
10
1
—*
100
oreferred
Fer.n
9%
Nov
38
40
July
Jan
1,300
2%
common
Peub.dy Coal Co class
15%
Nov
Cleveland Stock Exchange
Mar
153/4
99% 100
15%
vtc
common
Brew
Mfg
National
7%
Inc
preferred
prior
M-»it
100
5
preferred
West
Oct
6'A
50
15
Last
common
Feb
6'A
71
Jan
3%
46
10
•
B
Feb
8
513/8
Co
Nov
28
Apr
Jan
100
500
41%
9
6% May
18
9%
51%
9
8% May
20 Va
39%
&
23 Va
50
Feb
13
1
•
21%
Field
Oct
Oct
%
*
1
41%
Ma-shall
Feb
52%
40'A May
198
Feb
117
43/4 July
68%
100
100
A
21%
preferred
Aug
104
9
81
80
*
213/4
7
1
*
*
$3.50
110%
103
8%
79 %
102
8%
50
Gallaher Drug
223/s
*
Llnd.ay Lt & Chem common
Jan
Feb
Feb
A
common
.juj
Feb
26%
21''A
29%
7%
21%
McNeill & Libby common
Lincoln Printing Co common
L
25
Jun
4%
22%
21%
—
5
Salle Ext Univ common
La
Leath & Co
232
Sep
Jun
8%
68
11
102
2
Telephone
Eagle-Plcher
Early & Daniel
National
Products Common
Steel
Jun
Feb
Mar
10%
--
Indiana
Mar
23%
26%
100
24
Rights
Interstate
20
28
21%
11
8.50
common
25
1
_I0
com—•
Indianapolis Pow & Lt common
Feb
May
22%
22%
Formica
Hupp Corp common
i..muis Brick CO
capital
T
dependent Pneumatic Tool
37'A
29% May
17
21%
*
•
0
Champion
1
*
Border's Inc common
17
1.'
High
Low
22%
8
10
3
25
Werner
n
Range Since January
High
16%
20
Laundry Mach
Brewing
Burger
Low
Shares
Feb
16
American
Baldwin
Preferred
Harnischfeger
Range
of Prices
Par
52%
Sales
for Week
Last
Sale Price
STOCKS—
Feb
31
Week's
Friday
19% July
11% Feb
583/4
10%
Cincinnati Stock Exchange
Oct
52%
18%
_*
common
Oct
58%
52%
10
1
*
Inc
Sep
2% May
10
Gillette Safety Razor common
Sep
41
39
100
16%
Goldblatt
28
Apr
3%
10
5
v»c*ieral Motors Corp common
Gibson Refrigerator Co common
May
25
200
IV*
common
25
30% May
38%
5
10
Inc
Auto
General Amer Transp common
Bros
30
40
37
3%
1
A
430
40
11%
11%
1,700
13%
13%
100
108% July
79% Feb
Republic Steel
S
Steel
common
Dorn Iron
Van
131/2
Jan
White
15 Va
July
100
__
■
■
225
14% May
22% May
30%
Feb
711
44
Oct
54'%
Feb
27%
508
23%
Jan
31% Aug
*w-
a74%
13%
:a
15
75'A
103
38
May
61% May,
14
205
10
a23% a23%
Motor
I..
e..
24%. Sep
27 Va
46
a49% a493/8
common
(Un)
Works
Youngstown Sheet Si Tube
23
44%
27%
-44%
Thompson Products
U
Jan
23
27'/a
-
■»
(Un)
10
a78 Va a78 '/a
25
Jun
19% May
53% May
59%
73%
Jan
Feb
20% Feb
29% Feb
83
Oct
Volume
THE
Number 4647
166
& FINANCIAL CHRONICLE
COMMERCIAL
(2023)
35
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
14
NOVEMBER
Week's
Friday
Sales
Last
Range
for Week
Bale Frlea
STOCKS—
of Prices
Shares
Low
Par
Watling, Lerchen & Co.
Merchants
York
New
Exchange
Curb
Associate
a9 %
a9 '/4
60
1
1
18c
18c
5,000
7%
7%
104
1
1.95
2.20
53,598
Oil Co
Pacific Finance Corp common
Pacific Gas & Elec common
DETROIT
Ford Building
6%
1st
Rexall
Drug,
Exchange
Week's
Range
Sale Price
of Prices
Par
Aeronautical
Oct
Jun
5%
Feb
12% May
16%
23
23
225
19
300
6% May
200
6%
8%
7%
7%
Aug
May
Apr
3%
Apr
55%
55%
205
54
Apr
62 %
Feb
a507/a a58 %
185
25
Feb
57%
Oct
650
9
Jan
22%
6%
Oct
7%
635
85C
14,850
52 Vic May
21% Sep
Oct
11%
Feb
85c
Nov
16%
106
14
Jan
17% Aug
21%
135
21%
Jan
257a July
a 15% a
•
21%
a37 a37%
110
31% May
40% July
48
May
26% Mar
59
12,500
10c
Sep
23c
65c
6,000
45c
July
15%
15%
677
10
10%
500
30
30%
1,599
25 %
25%
292
29 %
29%
481
25
35%
35%
178
•
43%
43%
•
60 %
60%
10 %
10%
2,120
7%
Jan
62% July
12% Sep
90
11%
Jun
19%
10% May
Jun
15%
Jan
20%
Feb
30
15
52%
52%
23
30%
30%
150
25c
14c
18c
1
•
of Calif
Sinclair Oil Corp
115
1
Bros
Jan
41%
25
25
3%
200
9
42
Nov
57 %c
1
1,000
3%
1
Jun
7
Corp
3%
3%
Jan
34%
1
Trading
15%
2
13%
34%
•
3%
3%
520
5
15%
3%
Nov
457
60c
common
1
Consolidated Paper
Continental Motors
Davidson
Corp
Signal Petroleum Co
1
Adding Machine
Feb
2.20
July
July
33
Oct
High
Low
High
Jan
1,145
21%
Security Company
Shell Union Oil Corp
Sierra
1.10
9%
37
21
Sears Roebuck & Co
Range Since January 1
Aug
5% May
20%
1
*
10
Product*
Electric
Allen
Burroughs
Low
Share*
Jan
31c
34%
1
2.50
Safeway Stores Inc
Sale*
for Week
Last
14%
Jan
37
10
Inc
Oil
Richfield
Detroit Stock
Mar
Sep
12c
•
Oil Co
Ranch
9 %
95c
34%
10
Republic Petroleum Co common
Rice
High
Mar
25
Oil Corp
Western
Pacific
Telephone: Randolph 5530
20
48c
25
preferred
Pacific Lighting Corp common
STOCKS—
12,500
1
Oceanic
Chicago Stock Exchange
Friday
Low
90c
Lines Inc
National City
Northrop Aircraft Inc
Stock Exchange
Detroit
Range Since January l
High
85c
1
Co
Nordon Corporation Ltd
Members
New York Stock
Petroleum
Oct
23
Aircraft
Solar
Co
14
.
May
7% Aug
1.35
Apr
16% Aug
137/a
Jan
Nov
34%
Jan
25%
Nov
29%
Jun
29
Oct
32% July
3o%
Nov
39% Mar
673
35
Apr
496
51% Mar
Nov
Feb
12%
4.32 %
6%
Jan
51%
5%
200
common
20
22 %
22%
22%
3,417
22% Nov
1
12 %
12%
12%
401
10% May
2% Sep
13%
July
4%
Feb
9% May
Jun
14%
Calif Gas
So
6%
Co
preferred
30
27% Mar
Detroit-Michigan Stove
preferred
preferred
4.48%
Jan
8
Calif Edison Co Ltd com—25
Southern
Detroit & Cleveland
Detroit Edison
Navigation
5
1
Eiectromasier,
Inc.
Federal
Truck
*
Gar
11%
100
4%
5%
200
4
1 Va
1 Va
1%
400
1%
Oct
19%
19%
19%
100
19 Ve
Nov
Feb
5% Jan
2%
Feb
230
5
July
9%
Feb
17%
17%
200
12
May
17%
Nov
7%
7%
100
7
Jun
9%
Jan
10
General
class
B
Finance
59 Va
59 '/'a
221
6
Motors
6
Gerity-Michigan Corp
1
8%
8%
7,597
Goebel
1
1
6%
6%
325
Brewing
Graham-Paige
5%
6%
5%
475
52% Jan
Jan
6
5% May
65 y4 Aug
50c
Inc
Textron
Transamerica
&
Bearing
Union
Oil
United
California
of
States
Universal
24%
28
28
940
18
100
19
19%
525
15%
16%
475
King-Seeley
1
1
15%
15%
400
13% May
2%
2%
815
39%
39%
250
*
Car
19%
Drug
Kresge Co (S S)
2%
10
3%
Wines
Motor Products
National
1%
1
common
*
-
Stamping
2
2%
3%
550
1%
1%
6,658
24%
2
common
3 %
3%
Lansing Stamping
LaSalle
McClanahan Oil
24 %
200
2%
2%
500
3,085
1% May
35
Jan
Oct
3
2% May
75c
May
18%
Apr
2%
Oct
18%
21%
Oct
18
Oct
15%
Nov
2% Feb
Oct
40
Gold
Juneau
Gold
Unlisted
20
May
24% July
169
63 %
May
79 %
Feb
40%
790
23% May
41%
Oct
Co
Mng
10
10c
4%
4%
100
4
May
4c
4 Vise
1,500
4c
July
8c
Mar
4c
5c
14,000
4c
Nov
12c
Jun
1
1.05
1.05
100
25c
Co
Co
—
Mng Co'
G & S
5c
5c
5,000
8
15
Parke
Rust-Proof
Amer
American
Armour
Atchison
27 y4
Oct
Atlantic
3%
4% Sep
7%
Feb
4
6%
Jan
41%
Jan
35 Va
523
34%
30
100
28% May
6
4,675
Nov
Rickel
Raisin
River
11% May
16% Feb
118
51%
Apr
70
153 155%
2,483
150%
Jun
173
Jan
1%
9,621
1
% Nov
2
j'5 Oct
a34% a357a
165
42
Mar
Oil
3 % May
6
Nov
Cities
750
3%
Nov
4%
Jan
9'%
9%
325
7%
Jan
9%
9%
9%
220
7% Jun
7%
300
6
7
■
1
12%
12%
875
0
12
12
130
1
Corporation
Udylite
Service
Ry
Radiator
S
common
Aircraft
Warner
14%
15
300
Apr
11%
10
Corp
•
Southern Corp
&
Jan
Consolidated
Edison
Co
Consolidated
Vultee
Aircraft
Jan
15
July
10
May
14
May
18%
Feb
(N
2%
2%
2%
450
1% May
3
2'%
2%
2%
600
2
2% Jan
Jan
Oct
Week's
Last
(Del)
Co
Barker
Bros Corp
Barnhart-Morrow
Basin
LOW
al%
1
Electric
High
LOW
1 %
25
1%
Sep
5%
1,500
3%
Jan
6%
Apr
27
100
187a May
55c
55c
600
50c
Sep
12%
6,145
5
Jan
127a
25
25
Feb
1.00 Jun
Nov
Bond
Share
&
Electric
Foods
California
Packing
Corp
Products
Chrysler Corp
_
__
Sep
2%
Northern
Ry
Co
pfd
Co
Tel
Tel Corp
&
Kennecott
Canada
of
Corp
Creameries of America, Inc
.
Feb
11%
11%
4,095
12%
12%
1,200
Products Corp
_
Emsco Derrick & Equipment Co
Exeter Oil Co Ltd class A_
Farnsworth
Tele
Fitzslmmons
&
Stores
6%
11
McNeill
Libby
Magna vox
Libby
&
New York
& Co,
Inc
...
(The)
...
General Motors Corp common—
13
15% July
North
Feb
American
State
Golden
Co
Ltd
21
25 % May
29% Mar
29%
Nov
Packard
12% May
207/a
Jan
Pan
60%
63%
205
56% Sep
66%
18%
165
17% May
20
Feb
29 Va
35
4,465
21% May
35
Nov
11%
13%
777
11% May
23%
Jan
Phelps Dodge Corp
49%
62
50
a50
4
4
14
14%
305
5
12
12
100
a
13
87a
49c
60c
4,800
7%
8%
375
1
10%
10%
350
10%
10%
500
52%
55 c
Motor
Jun
15%
12% July
Oct
5% May
10
May
Apr
Jan
Aug
2.05
Feb
Jan
9%
Jan
Pure
Holly Development Co
7% May
11% Oct
Republic Steel Corp
33% Mar
Standard Oil Co
45%
500
42%
Jun
58% Mar
Stone
Jan
65
Feb
May
34
12%
a
19
485
11% Sep
95c
1.10
a
600
19'/a
225
May
13% May
12% Oct
1.35
21%
21%
1.00
1.00
1,400
Oct
3,730
15% May
65c
Jan
5
May
29
1.15
Standard Oil Co
&
Swift &
Texas
Oct
Union
Oct
United
16
24%
210
1.45
8,340
Lockheed Aircraft Corp
1
12%
12%
120
11
May
19
Jan
100
270
270
22
260
Jan
270
May
1
80c
85c
800
1
H -i- ■vCO
1%
2,965
For footnotes see page
42.
Feb
Nov
10% May
16%
Jan
357a
349
33
May
39%
Feb
39
350
38%
Sep
42%
Jan
133/4
255
13%
Sep
14%
Oct
54
49%
3
Jun
65% Mar
6%
900
May
8
Oct
a377a a377/a
40
38% May
42
July
Jan
%
20
28%
Sep
36
12%
12%
108
9%
Sep
17%
Feb
48 %
48 %
464
43%
Apr
48%
Nov
8%
9%
9'/a
160
19%
19%
325
al2% al2s/a
3
a56% a577/a
47
1374
—-
1374
235
Jun
10%
Feb
19% Aug
17% Aug
25%
Jan
51%
62%
Apr
18% Aug
12
May
Feb
Jun
10% Feb
Oct
32% Feb
a8
a8 %
105
7%
247a
25%
646
23%
267a
—
22% Feb
267a
150
21% May
27%
Oct
47/a
260
4%
Sep
7% Feb
325
9%
Nov
9%
22%
22%
235
22%
Nov
167a
17
731
16%
Nov
26%
Feb
26
26
100
26
Nov
26
Nov
46%
467a
360
37%
Apr
46%
Nov
Oct
60%'
Feb
1 f
15%
1.15
70c
—
*
•
a54 a54%
53
253/a
110
97a
395
27
27
270
22% Apr
7% May
23% May
1674
—
120
25%
9
__
17
672
14
30%
Nov
Jan
28% July
10% Feb
15
Inc
mmmm
Mar
30% Feb
17% Aug
Feb
a34% a34%
50
30%
Jun
47
25 Va
190
25%
Nov
31 Va May
a40 a40%
183
37% May
25%
44
July
(Ind)
25
(N J)
18
Jan
24% Nov
Oct
1.70 July
May
1% Apr
—
a75% a777a
25
Webster Inc
*
1
25
Co
ui
n
•-
mm
.
83
78% July
65%
Feb,
13%
Sep
15%
Jan
16% May
25%
Feb
al4% al4%
50
20
20 %
723
34
34%
195
33% Sep
37% Jan
60% May
95c
3%
577a
—10
mm
577a
320
53% Sep
23%
23%
200
18% May
al0378al047/8
25
Company
48
93%
25% Oct
Jan
1.25
Co—
Oct
6%
20%
Jan
217a
15%
Manufacturing
50 Va
Jun
Feb
24%
Menasco
Jun
May
4y8
13
133/4
a29 % a29
—
*
NOV
10c
_
25
41%
9%
*
21%
.6.66%
Investment Co
Oct
47/a
Brands
26
335
Company
3"% Jan
25
17% Apr
12% Feb
9%
Railway Company
100
1
Oil
—
— mm
Standard
215
1
Angeles
2% May
Oct
12% Sep
V
29
10c
Los
al23/a al23/a
53/4
—
*
!S
Socony-Vacuum Oil Co
21%
Co
Mascot
90
130
a58% a58 %
*
Tide Water Assoc Oil
Petroleum
15% Feb
40%
1
of America
58%
1.00
l
Lincoln
Oct
50
33%
25
Co
Company
Corp
21%
ll7/a
*
Inc common
Sep
54
39
—
Inc
Oil
Radio
Feb
14%
Pullman
45%
5
Petroleum Corp
Kaiser-Frazer Corp
Lane-Wells Company
35
a5%
357a
—
•
Co
Pennsylvania Railroad
Cola Co
28%
..
Hudson Motor Car Co
Foods
—
*
Car
949
58%
O
Intercoast
a49
a5%
a20 % a20 %
*
American Airways
Studebaker Corp
Hunt
a48%
1
Pepsi
__
Hotels Corp
43%
Oct
18%
Goodyear Tire & Rubber Co common..*
Hilton
1,600
May
10
Ohio Oil Company
19% May
100
$
..
3%
7
•
Co
881
10
Gladding McBean & Co
May
9% May
10
Southern
Corp
Garrett
Jan
10
a83/a
•
North American Aviation Inc
Jan
Apr
17%
1
__
24
a83/8
—
1
Central RR
29%
a31% a31%
1
Corp.
A.
10
50
Nov
*
Company
17%
__
2
Radio
class
..
a38
May
•
7
Loew's Inc
28%
»
*
Douglas Aircraft Co Inc
Electrical
100
11%
all3/4 all%
11
*
Copper Corp
_.I
Steel
75
22
*
Paramount Pictures Inc
Consolidated
Jan
190
1
Nickel
20
__
96
40% May
46% Mar
197
•
International
2.50
_
May
50
22
*
—
Co
1
pfd__
78
3
*
F)
(B
*
__
Colorado Fuel & Iron Corp
263
a43
Feb
9%
*
—
_
Oct
a9674 a99 %
11%
5
Co
Co
20
common
_
Corp
_
1
6% May
*
Investment Corp
Cetrain-teed
125
294
1
Broadway Dept Store
Central
1
7%
1
__
30%
a38
1
Corp
Montgomery Ward
1
7%
& Gay Furniture Co
Blue Diamond Corp
Bolsa Chica Oil Corp
Mar
Jan
5%
a
11%
1
*
Berkey
22
22
*
Great
for Week
High
5%
10
common
Consolidated
Oil Co
25
11%
—
1
Class A
Graham-Paige Motors Corp
Sale*
Range
50c
Company
Petroleum
a33
a527a a53%
--
5
Oil
Curtiss-Wright Corp common
International
Par
Mfg Corp
Oct
34
11%
Goodrich
Angeles Stock Exchange
Friday
bancuni
Jan
38
a36
a437/a
•
1
General
_
15% Oct
97
a35 5/a
1
General Public Utilities Corp
Aireon
May
71% M(iy
32 % Apr
•
Y)
Continental Motors Corp
General
Los
10
Jan
11
1
Products
Screw
Wayne
__
10
Electric
&
7% July
1
common
31 % May
a3278
—
25
Co—
Co
Gas
Continental
U
Distributors
Shirt
United
58
132
Oct
1
Brewing
5
Pacific
Columbia
Commonwealth
Tivoli
*
15
al4
a795/a a807a
al37/a
5
Co
Borg-Warner Corp
3%
5%
3%
2
Scotten-Dillon
ft
Oct
Nov
33% Mar
3%
1
Paper
9%
460
5
Bethlehem Steel Corp
Borden Company (The)
5
Products
common
Nov
450
Topeka & Santa Fe Ry__100
Refining Co
(The)
25
10
W)
(H
8
8
15 %
50
Copper Mining Co
Co (111)
&
Canadian
Peninsular Metal
Sep
Apr
100
35
Apr
6c
a67% a69%
wl
Anaconda
278
30
2.00
1
Co..
Tel & Tel Co
Rights
Oct
4%
30
Feb
Apr
•
1
Smelting & Refining
Feb
5%
2 %
Feb
100
Airlines
1%
4%
*
Davis
Parker
1.00
2%c
6%
Stocks-
American
6%
5%
Jun
1,166
Feb
1
Mining
Development Co Ltd
Imperial
3% July
•
Car
94
lo%
Oct
1
Motor
Chemical
79
Mining Stocks—
Barnsdall
Park
2,364
15%
39
V!
Packard
a
a73% a75 y4
American Radiator & Stand San Corp.*
Kinsel
13%
14%
94-
25
0
Cardinal
Nov
1
Motor
13
a
Feb
47
10
Black Mammoth Cons Mng
28
13%
common
Corp
Alaska
Oct
Kaiser-Frazer common
Hudson
#
al4Va al4%
2
Air Inc..5
Co
Oil
Feb
Jun
22 %
18'
10
common
Steel
Cons
9% Sep
8
Apr
13% May
5% Apr
Houdaille-Hershey
Corporation
Transcontinental & Western
Cons Chollar
Ball
Hoover
Calif
6%
Jun
3
Company
32 % Mar
1
1
Manufacturing
General
Pacific
Southern
Standard Oil Co of
Sunray Oil Corp
*
Industries
Wood
11%
4%
1
Fruehauf Trailer common
11%
1
common
Ale
Gemmer
700
3
1
Motor
Frankenmuth Brew
Friars
3
3
Oct.
Jan
Jan
Carbide & Carbon Corp
Air
Lines
10
Western Union Teleg Co class
Westlnghouse Electric Corp
Woolworth Co (F W)
mm
A
50
19
537
Sep
2% May
27% Mar
2%
90
43% May
59
14
200
a22%
a23
13%
NOV
Jan
4% Jan
Feb
18% Feb
mm
26
Oct
67
17%
a28 a28%
*
12%
10
al9
a45s/a a46%
13%
5
Warner Bros Pictures Inc
106% Oct
2%
1
(Del)
U
Jan
al9
10
Inc
United Corporation
S Rubber Co
.*
65
22% May
30% July
a4674 a463/4
20
44% May
50
Feb
_
36
THE
(2024)
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
FOR
WEEK
CHRONICLE
EXCHANGES
ENDING
NOVEMBER
14
San Francisco Stock
Philadelphia Stock Exchange
Week's
Last
Range
Sales
for Week
Sale Price
of Prices
Shares
Friday
STOCKS—
Low
Par
•
25 %
100
153%
American Stores
& Tel
American Tel
Last
Range Since January
Low
745
152% 155%
1,556
149 7/a
Jun
42,862
1%
Nov
111
23
287a July
17474 Feb
May
2 A
Oct
v
13
t c
15%
15%
95
15
Nov
"
Wks
11%
11%
50
9
May
60%
Budd Co
24'A
Feb
667a
Oct
Manufacturing
Alaska
Anglo
Calif
Curtis
2%
•
com
new
Publishing Co
Delaware Power & Light
60%
441
10%
372
17%
13 %
63
9%
18%
56%
Sep
6% May
1,374
17%
12 J/4
Feb
24%
Nov
Gold
National
Bank of
California
Storage
General
Motors
•
10
Battery
Corp
55%
55%
93
58%
59%
573
Lehigh Coal & Navigation
Lehigh Valley RR
National
&
Power
10
10
10
—50
Light
10%
~~7a
*
244
Calaveras
Cement
Feb
California
Art Tile
Cotton
California
Packing
320
6%
57a
% Aug
19%
16%
16%
6%
8%
Jan
1%
Jan
Jan
7%
50
18% May
22%
Jan
17%
3,867
16%
27
Feb
457a
50
38% May
51%
Jan
23%
10
23 ¥a
•
(1
preference common
4.4% preferred
•
267a
100
Philco Corp common
24
22%
27%
5%
Nov
3,513
267a
27 ¥a
11374 114
317a
31%
50
1
17%
17 ¥a
Corp
12%
•
45%
686
26%
12
327a
common
Dome
Scott
Oil
Paper
Sun Oil Co
•
Transit Investmt Corp 6%
113%
Oct
29 %
Jan
July
120
Nov
Aug
125
21
Jan
18
185
17
May
13
350
7% May
13
Eureka
Columbia
Co
Corp
46%
164
41% Mar
49
United
Gas
240
240
10
Coal
557a
557a
33
37a
4%
2,494
274
274
274
350
33%
Oct
Consol
50% May
3% Jan
74%
Feb
5
Corp
2% May
4%
Feb
24
796
20
Sep
24%
105
26 %
Jun
37% July
Week's
10%
Oct
12%
Nov
3,604
4%
Jun
7%
NOV
25
25
252
20 % Aug
27
Oct
7%
7%
300
6% Mar
8
Mar
-1
—
37a
Range
Columbia
Shares
Low
•
31%
10%
&
Gas
Electric
a56%
•
Range Slnee January
High
Low
124
32%
10%
5
16 Va
79
13% May
75
10
May
447
24
Jun
11%
12
35
36 %
_
31
Nov
10%
Apr
$3
Dow
System
A__2%
cl
a25%
Edison
Fireproofing
Ind
class
Pittsburgh
San
Plate
Apr
26%
21%
21
21%
266
17%
Jan
21%
Nov
14%
14%
300
12%
Sep
16%
Jan
5%
5%
220
5%
Oct
10%
__
53
3%
7% May
100
53 %
3%
53
149
2%
10 J/4
Jan
Sep
5
Feb
Jun
50
39%
39%
85
1%
—
1%
50
1
16c
16c
17c
1
—
43 %
43%
225
34 ¥a
Apr
11%
11%
175
11'A
Nov
17%
Feb
11%
11%
13%
2,480
23 %
Jan
32%
11 % May
25 ¥a Apr
34 ¥4
Oct
13%
13%
14
35%
35%
32%
67
Jan
Apr
42%
1% Aug
8,100
10c
346
Feb
2
Jan
5
5
29c
Sep
Feb
27%
59
28
27% May
22% May
Edward D. Jones
Established
300 North
39
Oct
common
4th St., St. Louis 2,
16%
154
16
32
Jan
a64%
a65
5
60
July
80
Mar
8%
8%
a37% a39%
490
6
May
11
Feb
57
38
Aug
417a July
23
—
41%
41%
230
Jan
41%
Oct
39%
3 A
40%
1,020
32% May
49¥4
Jan
3%
3 %
2,300
2.30 Aug
37a
Oct
22%
22 %
22%
110
17% May
7%
8%
1,603
Bell
15
5
•
34%
Feb
35¥a
Jan
*
11%
11
11 %
•
24
Greyhound Corp
Hale
Bros
Inc
Stores
Pineapple Co Ltd—,
Oil
Car
Range
of Prices
Shares
Low
Hunt
Foods
Idaho
Inc
9% July
Oct
110
20%
Oct
29
Feb
596
17%
Apr
2574
Feb
95c
1.05
1.05
200
50%
50%
232
39%
19%
19 %
130
14
21
21
135
a31% a32%
1.05
11%
Feb
24
6.66%
Power
-20
Co
Mining
Co
Kalser-Frazer
327a
33%
—
12
12%
35
35%
58%
58%
58%
40
39
40
5
35
1
common
Bak class
May
Apr
1.35
52
Jan
July
21%
Oct
15% May
29
Jan
145
33%
Nov
37¥a
Feb
600
70c
Feb
May
♦
Co
•
1
4
1.45
5,605
5 % May
18%
22%
190
20% May
30
38% July
107a Apr
37
40
33% Mar
a9 %
80
60
8% May
10¥a May
37
*
Macy (R H) & Co
Magnavox Co
Jun
74
al2% al2%
a9%
1
Lyons-Magnus class B
75c
16
22%
10
7
Marchant
common
Calculating Machine
5
Mfg Co common
1
10
Morrison Knudsen
American
1
common
a9%
a3%
40
3
a34% a35%
125
33
a3%
a34%
May
al2% al2%
82
Aug
12% May
"33
33
33%
650
29 ¥4
1.10
1.10
1.25
3,350
1.10
Nov
15
15%
1,055
12 ¥4
Apr
all % all %
70
15
all%
12
Com_-100
10%
Sep
230
10 %
24
9% May
20
4%
Oct
Jan
Feb
38
Feb
177a
Sep
Feb
40 % Mar
374
17
Jan
Nov
13%
Jun
Oct
14
Feb
78%
Feb
38
Oct
76%
76%
20
70
% May
36%
37
715
24
May
40c
40c
40c
700
25c
Petroleum
1
Filters class A
*
28%
28%
205
28%
0
11%
11%
220
10
8%
8%
B
Can
Coast
Co
5
1st
Oct
60c
Nov
31% July
Mar
Feb
13
Jan
12%
Jan
7¥4
Jun
5%
5%
846
5%
Nov
9'A
Feb
25
37%
37%
38
2,480
34 ¥4
Jun
42%
Jan
25
_
34%
34%
35
2,111
34%
Nov
41% Mar
5
Aggregates
1st preferred
1st
124
Feb
Jan
10
37
100
Cons
14
11%
10
preferred
Oil
12
10 %
•
Investment
American
$5
SL 593
a31 % a31 %
30
32 %
Nov
38%
Feb
29%
29%
226
29%
Nov
35%
Apr
55%
25
25
preferred
preferred
Lighting Corp common
preferred
Public
Service
55%
331
54
Apr
6274
Feb
•
*
common
Range Since January l
LOW
Hiah
Oct
7%
80
26%
Jun
36 Va
Rayonier
CO rf* io^
42
101 ¥4
Oct
13%
490
12 %
Feb
95
96
327
92
148
148
Co's
10
a56 %
148
10
a50% a58%
75
71
71%
665
15%
15%
30
15%
57%
58%
671
•
42
43
805
*
Co
com
71%
Nov
Feb
Feb
15% July
129
Jan
162 %
Aug
57
Oct
May
78
Feb
Sep
18
Nov
567a
Oct
63% July
25%
Feb
45
Oct
11
29
11
150
11
Nov
27%
Jan
60
130
58%
Nov
93
Jan
29
58%
1
common
65
Aug
105
58%
15
10o
Incorp
26%
100
*
common
Preferred
Jan
102
13%
100
Preferred
6%
101%
*
100
Puget Sound Pulp & Timber
Railway Equip & Realty Ltd
29%
1,101
18% May
27%
Nov
a36 % a36 %
25
175
35%
Jan
38%
Feb
22%
620
19%
Apr
25%
Jan
80
12
Nov
15
Nov
220
60
511
32
May
39%
51%
Jan
65%
36
Nov
40
Manufacturing Co
Richfield
21%
1
Corp
•
common
16
16
326
1
Oil
Bros
35
35%
78
14% May
Sep
31
Feb
17
July
47
Jan
Feb
Feb
NOV
S
and
Fine Foods
W
Inc
10
Safeway Stores Inc common
145
May
35
NOV
15
24%
Jan
29
31
31
Sep
31
80
25%
Oct
44
41%
42
188
37%
Jan
44
Sep
Soundview
NoV
Southern
18%
21%
440
IOC
11c
30,500
36%
37%
845
307a May
a30% a30 %
95
25% May
lie
333
15 ¥3 May
207a May
9c
May
2174 July
26% July
20c
Jan
Feb
41%
18%
21%
18%
5
10 pesos
Roebuck & Co capital
35
27
25
Sears,
Shell Union Oil common
—
10'A
10%
20
6% May
10%
4.32%
5
75c
15 'A
15%
0
B
Libby McNeill & Libby
Aircraft Corp
27
4
100
a317a
P2
Corp
United
Salt
Leslie
common
Philippine Long Dist Tel
Phillips Petroleum Co
High
35%
•
*
McQuay-Norris
995
28%
21
24
*
Co
Pacific
7600
Teletype
50
32%
•
16%
—
163A
5
20
common
540
•
1
Corp
Motor
20%
20%
*
Development
Honolulu
Signal Oil
Steel
Jan
Feb
Nov
common
San Mauricio Mining
Laclede
65 %
May
5%%
Exchange
Week's
10
common
62% Jan
May
Pacific
___3
common
783
58%
19
Roos
Gas
59
58%
Feb
6% July
26
Rheem
Laclede
71% May
4 ¥4 Jan
9274
525
20
Pacific
Sales
for Week
Par
Laclede-Christy
60
6
335
Missouri
Last
Key common
9%
a79% a81 %
6
10
common
25% Aug
May
2,790
6%
Sale Price
STOCKS—
common
__
2
common
5
29
Pacific
CEntral
Friday
International Shoe
—
23%
Paraffine
•
__
Phone
St. Louis Stock
Huttig S & D common,
Hyde Park Brewing common
Hyydraulic P Brick preferred
May
16%
—
10
Corp
Service
Pacific Gas & Elec Co common
Exchange
(Un)
Jan
Oliver Utd
Co.
&
Chicago Board of Trade
Exchange Associate
Brew (new)
32
16%
common—1
Preferred
common
Sep
20
Radio
&
Pacific Western Oil Corp
Griesedieck-Western
16%
20
5 Vc
General Motors common (Un)
100
1
Pac Tel & Tel common
General Electric
16%
Occidental
1871
Exchange
common
Oct
16%
__
Jan
28%
Members
Brewing
130
20%
Class
Columbia
108
May
30% July
St. Louis Listed and Unlisted Securities
common
Oct
107
29
5%%
common
101
33
20
North
Shoe
211
20%
North
Bldg & Equipt
1,214
5
•
Natomas Company
Brown
33 Va
102 102 %
121% 121 %
33
*
National Auto Fibres
Bank
Oct
Jan
17%
11% May
126
36%
—
•
12.50
Stock
44
•
Menasco
Curb
29% July
32¥4 Jan
Feb
„
10
Louis
Oct
Oct
Mining
York
28'A
Feb
•
Holly
19%
Standard Steel Spring
St.
25% Sep
Oct
Jan
19 ¥4
Gladding McBean & Co
Oct
90
1
New
50
185
66
30
Golden State Co Ltd common
Nov
700
<!
Chicago Stock Exch.
56% Sep
20'A Apr
17% Apr
11%
Co
Tele
Linen
12%
9%
5
Stock
60
J
Co
Co
Machinery
36%
24%
*
York
395
465
*
*
Mfg
Plantation
Hawaiian
8%
common
New
Feb
1.65 Aug
61%
41%
Feb
24%
Corp
Westinghouse Air Brake
Westinghouse Electric Corp
63
Jan
1
•
Oct
9%
Co
Toy
Oct
50'A May
57c
A
•
Feb
24%
10
Glass
55
2,900
common
Lockheed
Renner
1.45
a27 a27%
El Dorado Oil Works
Langendorf
Pittsburgh Brewing
$3.50 preferred
32%
22%
—25
a37%
IXL
National
Jan
Apr
247a
60%
15
11%
•
Mountain Fuel Supply
1,335
6% Mar
3'A Aug
11
21%
102%
Chemical
20
1
Gas
31%
Oct
Sep
al7% al7%
a25,/a a25Vii
—
al7%
preferred
cum
48%
10
Harbison
Star
7
1.40
2.50
General Paint Corp
i
High
31
10%
—
10
Pitt Brewing
Walker Refractories
Port
2% May
a55% a57%
1.40
—20
Zellerbach Corp common
Hudson
Lone
3%
530
31
~
•
Di Giorgio Fruit Corp class A com
Class B common
Food
xl5~a
*
Devonian Oil
100
100
9
for Week
of Prices
10
pfd
6%
Co
37a
2.80
9
——
*
—3'%
General Motors Corp
Sale Price
Par
Natural Gas
Oct
250
7%
common__l
preferred
Galland
Sales
Last
Blaw-Knox
Jan
260
12%
Jan
3574
Pittsburgh Stock Exchange
Arkansas
Jun
6%
Preferred
2nd
Ewa
Alleghany Ludlum Steel
192
2.80
common-
—
Chemical
Farnsworth
STOCKS—
Jan
12
12%
__
_
common
Cons Vultee Air Corp
of Amer Inc
Apr
237a
Friday
36
7
5
Creameries
22% July
35%
24
20
Feb
28% Apr
6% May
12%
Emporium Capwell Co common
Eureka
Corp
Improvement
Westmoreland
Jan
6'A
Jan
1
1
13%
common
334
<■
common
class B
Mills
Broadcast
Doernbecher
United
87a
——
Mining Co
Chrysler Corp
Nov
CO
1
part pfd—.23
8%
-
_
Colorado Fuel & Iron preferred
Crown
Salt
8%
5
Apr
Jan
3
Reading Co
498
_
Caterpillar Tractor Co
Commonwealth
Philadelphia Electric Co common
32
Sep
20c
Clorox Chemical Co
Pennsylvania RR
Pennsylvania Salt Mfg common
31%
High
l¥a
4
Feb
197a
1,345
1,614
45 ¥a
Pennsylvania Power & Light-
100
Feb
12
Central
Pennroad Corp
4%
31%
-100
_
Oct
1
7s
47a
♦
Co
6574
9% May
4 % May
50
2.50
Natl Assn
__
57%
40
Low
al¥»
Jan
Jan
5
5
Range Since January 1
High
al%
2
51% Jan
47
PA
-.20
—
Oil Co
Jackson
California
58%
Shares
Low
a
10
.
-
Bank
Oil
Bishop
Byron
Calamba Sugar
Electric
Co
Mng
Diesel Engine
Imp
Basin
Chrysler Corp
Juneau
-50c
Corp
Feb
15
Sales
for Week
of Prices
Par
Aireon
Atlas
Locomotive
Range
Sale Price
STOCKS—
l
High
25%
1%
Exchange
Week's
Friday
High
24%
Rights w i
Baldwin
Monday, November 17, 1947
30
1674
50
5'A
600
31
110
12
4%
Jun
Jun
21
Jan
24%
Sep
17% July
7
31
Feb
Nov
10
24%
24%
13
(Un)
25
25%
25%
25
23%
Oct
St Louis Public Service class A
50
6%
7%
164
6%
Nov
Sep
Conv
*
36%
15
a30%
*
5
121
121
100
33%
34
2,585
25%
28%
25%
28 ¥4
35%
35%
42%
44%
21
84%
Jan
129
27% Aug
35
Oct
326
25%
Nov
29%
Jun
333
287a
Nov
327a July
260
35%
Oct
40 % Mar
380
35
Apr
47
21'A
360
17%
Jun
24%
Oct
10% alO%
10
978 May
15%
Jan
Oct
Calif Edison—
preferred
preferred
So Calif Gas
Southern
121
33'A
25%
& Gas class A_
Pulp Co
40% July
3374 July
Co
prefererd ser A
25
25
•
43%
1
2
Pacific Co
21%
Feb
34% Mar
North
American
common
common
Feb
Sperry Corp
33%
Jan
Spiegel Inc common
10%
Jan
37
*
61%
62
1,159
51'A Mar
6274 July
Super Mold Corp
10
20%
203A
413
18% Aug
32
Tide Water Associated Oil
10
22%
22 3A
492
18% May
10% May
25%
Oct
15 %
Jan
14 ¥4
18
Oct
Standard
Securities
Investment
*
common
Stix-Baer & Fuller common
Wagner Electric
For footnotes see page
.
5
18
common
42.
a
6%
34
34
34
75
32
13%
13%
13%
440
13% May
55
54%
56%'
410
33
May
18
Jan
56% Nov
Oil
Transamerica
Co of
Cal
Corp
Transcontinental & Western Air
2
13
127a
13%
7,100
5
14%
14%
147a
320
w
Jun
Feb
.Volume 166
Number 4647
THE COMMERCIAL & FINANCIAL CHRONICLE
(2025)
OTHER STOCK EXCHANGES
RANGE
Friday
Week's
Last
STOCKS—
Par
Union
Oil
Union
Co
of
Calif
25
Sugar
United
Air
U S Steel
12%
Lines
Universal
„10
common
Corp
Corp
•
Consolidated
Oil
Wells
West
Agricultural Co
Western
Pacific
Unlisted
100
18% Aug
23%
18%
775
18%
28%
Apr
75%
75%
291
62
41
39
41
1,702
8%
8%
9
495
34>/2
34 %
100
303
25
1
RR
__
300
__
a27
a27
Jan
41%
Oct
Aug
a27
8
11%
Jan
27%
330
Idaho
65
23
Sep
34%
32
July
39%
Jan
12
625
27]/2
300
3%
3%
440
3
2%
2%
100
2%
97/a
9
Kennecott
Loew's
M
Corp
&
1
Foreign Power
„
0
American Power & Light
__
May
5%
Feb
Monolith
Jun
6%
Feb
Montgomery Ward & Co
*
9%
San
•
al5%
16%
American
Smelting
Refining
•
American
Std
Feb
&
100
9% May
170
11% May
68%
634
53% May
Tel & Tel Co
100
Rights wi
American
Viscose
Corp
Co
Copper
Argonaut
153 % 155%
153%
1 ;'g
American Woolen
Anaconda
68Va
__
14
&
Mining
Co
151
1
25
a__
May
{'«
Portland
&
Co
(111)
Atchison
Topeka
Corp
Atlas
Avco
5
Santa
&
Fe
100
Locomotive
Baltimore
Bendix
& Ohio
Aviation
a23
3
Nash-Kelvinator Corp
National Distillers Prod
174%
Feb
N
2
a
——
—
Central
Y
13
RR
North
American
Aviation
North
—
American
Co
Oct
Feb
Northern
3%
2,312
Jun
3%
Feb
Ohio
Co
__
Mav
110
69
May
96%
79
23
Oct
25% July
225
11 %
11%
250
a31% a31%
110
__
0
10
15%
Oil
& Gay Furniture
Bethlehem
Steel
Co
1
4% May
15% Nov
7% May
Oct
15%
Blair & Co Inc caDital
Borden
Co
Bunker
Hill
I
Sullivan
1%
300
97%
376
4
4y4
Onomea
133
50
__
2%
—
24%
Feb
2%
Canada
Dry
Trading Corp com..4
Ginger
Ale
1%
Canadian
Pacific Railway
Chesapeake & Ohio RR
Cities Service Co
98%
Oct
Apr
5%
Gas &
Elect
Columbia
River
10
40%
Jun
18%
Oct
a37%
Packard
•
Southern
Consolidated
Co
Natural
of
Gas
Y
N
__
Co
—
1
Continental Oil Co
5
Crucible
Curtis
Steel Co
(Del)
of
Publishing
America
Co
14%
__
4
54%
26
Jan
39%
Dumbarton
Eastman
Bridge
Kodak
Apr
12%
66
12
100
10'/a
70
300
45
Mar
70
Goodrich
(B
Corp
F)
26%
Co
Goodyear Tire &
common
Rubber
3%
Graham-Paige Motors
1
common
22%
1,545
a52% a52%
53
22
22
Nov
29%
44%
Jun
49
7
So
Sep
Feb
9
250
May
12%
a48% a48%
50
38%
Apr
49%
50
24'/a
Jun
36%
12
Cal
alO
70
a5%
100
7V'8 May
4 Va May
27
28
700
5y4
5%
100
21% May
28
6%
4% July
Texas
$1.50
«
43 %
10% May
16
35%
1,044
32% May
39%
$2.50
-
preferred
_
39%
5%
preferred
.
..
..
a57% a58%
75
46
46
200
5%
6
1,060
__
5%
a39
60
Sep
Corp
Co
of
Corp Ltd
Argus
4% %
Can
4%
pfd
_
...
Jun
Shares
Low
common
_
_
3,710
3,400
39 %
39 %
39 %
20
19%
20
1C0
100
102
67
55
53
58%
7,572
a
Bathurst
Bell
Pow
&
•
Pap class A
Telephone
Brazilian
British
Light &
American
Bank
Columbia
British
Class
*
Power
Note
Forest
Columbia
British
Bruck
100
Trac
Power
Products-
Canada Cement
a
common
Canada
preferred
Forgings class
Canada
Northern
100
Canada Safeway Ltd 4%%
Canada Steamship
5%
*
Power Corp
pfd
100
a
common
Canadian
a
Breweries
Bronze common
Canadian Car &
Foundry
Canadian
$1.7'5
Celanese
Canadian
_
Foreign
Ind
•
common
series
Canadian
25
_
*
Investment
Alcohol
class
a
A
Locomotive
Canadian
Oil
•
Companies
Canadian Pacific
25
Railway
*
Plow
Consolidated
Consumers
l_
_
Mining & Smelting-
a
Glass
For footnotes see page
5
42,
2014
20 %
100
20%
Nov
19%
19%
470
13
Jan
20
121 % 122%
110
106
Jan
125
Sep
Feb
15
21%
Sep
July
5%
5
842
4%
Oct
15
30%
Jan
4%
Jan
26%
Feb
345
9 Va
a22
15
21%
a2%
a2%
40
16%
1,164
9%
25
25
245
Feb
Nov
Sep
2% May
9%
a22
2%
a
Feb
7%
Sep
33% July
Oct
54
Nov
46%
Mar
58
28% July
21% May
27 %
27%
370
23
May
30%
Feb
40
40
110
40
Nov
40 %
Aug
18%
18%
200
14% May
19
Nov
18%
15
16% July
15%
130
14
May
4
17
977
14
Mar
30
752
30
Nov
34 Va
25%
25%
385
25 %
Nov
35
77%
77%
300
63% Mar
16 3
25%
—23
Feb
10%
7% May
30
15%
a
16%
—23
a
1
20%
20 %
20%
325
16% May
—25
57%
57%
58 %
681
53%
a21 % a21%
5
_
60
Sep
17
2%
2%
506
May
2% May
4
1
—■
4
950
3
—
a!4 a 14 %
8
60
„1
42c
45c
1,400
5 Va
5%
17
July
Feb
Mar
78% Aug
,
Feb
24%
64% July
Oct
24'%
4Va
Jan
May
4%
Jan
Sep
18%
Jun
13%
3,835
Life
Coast
Insurance
Lines
Air
Western
_5
_
1
Inc
Sep
Western
Feb
8%
Oct
Westinghouse Electric Corp com— 12%
Woolworth (F W) common
—10
FOR
LISTED
WEEK
ENDING
Union
Telegraph
class
A_
13%
25c
60c
Feb
July
Distillers
17'a
Jan
23 %
Jan
a46% a47%
225
Week's
36
43%
Jun
225
19%
Coal
for Week
Shares
Dominion
5%
Low
19%
*
6%
Dairies
common
32
25
preferred
17
4
9%
—
35
preferred
July
100
22%
Oct
23% Mar
Dominion
77e
1834
32
16%
Range Since January 1
Low
High
19 V2
4.080
14 Va May
33
170
30 %
280
14
9%
17
10
28%
28%
29%
Sep
Mar
High
20%
Oct
37
Feb
17%
Nov
Dominion
Nov
106
Feb
Jan
59
294
8%
Aug
11
Feb
30
28%
Oct
32
Jan
Jan
29%
25
28
July
33
*
35
35
36
275
35
Oct
42
—
36%
36%
30
3G
Jan
38% May
25
18
16%
18%
8,686
common—*
25%
550
*
—
23%
—
*
Steel
&
common
_
Oct
Voting
Feb
Red
Steel
& Coal
class
B
Chemical
&
Tar
ctfs
85
Oct
98
Feb
New
common
26
May
30%
Feb
7 %
preferred
22%
22%
200
19
May
23%
Feb
Donnacona Paper 4% %
172
171
173
782
165
Oct
Feb
Dryden
20%
20%
21
2,339
20
May
Jan
Eddy
6% May
27%
9%
191
23%
Feb
trust
prefererd
Dominion
19%
125
3%
37/a
5,470
25%
26
60
3Va
1,775
Nov
3'/4
Apr
4%
29 y4
Jan
Famous
Feb
Gatineau
27%
25%
25%
175
20
Aug
30%
31%
770
28
May
17
18%
245
29
300
26 %
96
10
10%
400
20
2%
Jun
23% May
3 V4
Enamel
&
13%
13%
1,115
40%
40%
415
100
class
Co
110'/a
12 '%
i
100
*
20
1
4
pfd
pfd
A
Corp
Heating Products
Players
Power
175
25%
25%
25%
22
25%
22%
107%
12%
114
13
4.682
175
175
25
102% 102%
25
115
2,320
125
18 %
Jan
Feb
25%
Nov
30% May
22
Nov
26
Feb
25%
Nov
30
May
92
Jan
12%
114
Nov
Nov
13
Nov
175
Nov
185
Jun
100 Va
Nov
106% May
32
33%
2,463
17
Jan
33%
19
19%
130
19
Oct
21
Jan
17%
18%
535
15% May
18%
Nov
10%
32%
19%
17%
11
375
18%
590
i&%
18%
*
20
19%
—100
109%
•
Canada
4 Va
•
16%
15%
105
105
40
52%
52 %
52%
65
15%
15%
1,045
•
Corp
com
29
Jan
32%
Feb
General Bakeries Ltd
General Steel Wares common
5%
preferred
May
23%
Jan
28%
Nov
31%
Jun
25
Jan
26%
Jan
Goodyear
8% July
100
Oct
11%
Jan
Gypsum Lime
103%
Nov
Jun
11%
Jan
16'A Aug
19%
Feb
20 %
July
7
20
203
17
Apr
109 109%
107
109
Feb
4 %
4 %
100
16%
350
3% May
111% May
5 Vis Jan
preferred
13
Aug
17%
40 y4
Nov
50
Feb
Mar
24
24'%
4,007
22%
Sep
27
Feb
38
38
105
38
Nov
45
Mar
13%
13
13%
1,275
12
May
14%
Feb
16%
16%
16%
115
Sep
19%
Holt
4%
Tire
pfd
1927
Bridge
Renfrew
1%
*
Paper
$2.00 preferred
—
common
*
50
7%
7%
52
105
52 Va
18%
108%
Feb
55 VA
Jan
May
16 %
Jan
Jan
13
6% May
9%
Feb
Nov
100
100
preferred
Smith
Howard
inc
& Alabastine
100
50
*
14%
Sep
Apr
Oct
Nov
5%
Hamilton
13%
12% May
Feb
Nov
25
3
28%
•
common
w
Paper
19%
31
26%
Textile
Paper
Electrolux
19%
—
Nov
220
—
20
Foundries
Glass
preferred
10
103% 103%
May
Sep
Feb
105
Bridge
Dominion
Feb
44
Oct
25
30% July
52 V4 Jan
Sales
Range
of Prices
•
Seagrams
Dominion
High
Apr
8%
20
27%
Last
22
14%
May
178
22% a22%
Sale Price
STOCKS—
Range Since January 1
6 %
NOV
May
12
5%
14
135
18%
140
May
MARKETS
NOVEMBER
645
22%
49
6%
3 %
27%
a
27%
a47
14
6%
—
6%
*
60%
21%
30%
100
50
100
Nov
100
30 %
49
30%
450
24
July
32
Oct
49%
105
49
Nov
53 %
Feb
1,525
40%
Apr
45%
Feb
2,390
12%
Jan
15 %
July
13%
Jan
15%
Apr
Nov
Jan
24%
16 y4
Hudson
Smelting
Bay Mining &
Imperial Oil Ltd
*
—♦
59%
59%
59%
346
56
Apr
67%
Feb
Imperial Tobacco of Canada common_5
4%
preferred
25
38
38
38%
250
38
Nov
42 V2
Jan
Industrial
40
Nov
39%
39%
40
150
30
Apr
Accep
15%
16
1,100
15%
16
510
29
29
32
15
15
14%
13%
11%
11%
11%
50
90%
90
96'%
5,200
41
14%
41
11% May
17%
Apr
17%
Oct
3,485
Jan
14%
Apr
Sep
37
500
18%
Jan
A
*
__
44
43%
45
14%
14
14%
13%
13%
25%
36%
2%
14%
25%
36%
2%
1,210
30
50
25%
__
2%
100
common
—
30
405
360
25%
Nov
25 %
40
30%
Jan
40%
2%
20
Oct
3
Oct
Oct
Jun
30
Oct
Nov
26
Jan
Oct
11%
22%
class
Corp
Rights
Intercolonial Coal
16
15%
15
a
Class B
Canadian
Cockshutt
a
,..20
Jun
618
*
A
common
7%
•41
common-
9%
10
—
_
_
27%
___
Class A
20
9%
55%
14% May
17% May
40%
preferred
Canadian
12%
___1
Petroleum
Preferred
86 %
--
12%
—
9
—5
86
10%
6%
20
Co
7%
29
Jun
•
Delaware
27%
27 %
»—» 00
4
a54% a54%
Corp—
of
Sugar
Oct
a
A
300
Jan
•
Mar
•
5%
Oct
27%
Nov
Inc
25
28
Am*
5%
•
192
—
Mills
Feb
24
37% May
_
_
215
3%
Feb
300
•
class
1,220
*
B
Silk
Building Products
$1.30
a
Feb
22%
27
—
211
Corp class A_*
10%
32%
26 %
*
25%
25 %
3
Co
210
25%
.100
Feb
Oct
25%
Jun
Low
19
_
preferred
Asbestos Corp
Oct
22
May
34
16 %
Aug
High
21%
*
23%
May
7
23%
190
3% May
of Prices
210
70
475
43
for Week
18
25
100
155
46%
Warner Bros Pictures
Jan
Dominion
Aluminum
8%
25 %
26%
50%
Range
•
1601
16%
Corp common
Aircraft
Westates
47% July
Sales
21%
•
13%
19% al9%
a
27
Par
Week's
21 %
Aluminium Ltd
13%
Friday
2o
Algoma Steel common
Feb
360
46
common
Brands
Exchange
18%
-100
_
Jan
19 Va
120
4
26%
America
United
Aug
a38%
•
Sugar A
2.50
May
17% May
12
May
17%
203
a
16%
Company common
Dominion
Acadia-Atlantic
Sep
14
Feb
64
Feb
39%
35%
__
20
preferred
50c
8%
19%
*
United
Feb
50
80
a38%
Par
_
970
Jun
%
Nov
al2% al2y2
Sale Price
_
Apr
69c
25%
a
—
Ltd
Studebaker
Feb
6%
a44% a44%
Last
com
6
50
-25
__50
Standard Oil Co of N J
Feb
a9%
a5%
Friday
Paper
7
315
17%
a
1
_„1
Canadian Funds
&
7% Mar
7
a
33 %o
Cement Co
Ed
Standard
Feb
9
Montreal Stock
Power
Feb
23c
Oct
a25'/e a25V8
RANGE
Abltibi
38% July
57
7
20 %
al7%
.2.50
common
Socony-Vacuum Oil
Feb
CANADIAN
STOCKS—
2,800
15c
57
—
Mines
Inc
Riverside
Jan
al2'%
•
common
Feb
•
Republic Steel Corp common
Reynolds Tobacco class B
Aug
2% May
a57%
4
26%
Sep
May
19%
common
Corp
Corp of
West
Food
Oct
33
122%
Sinclair Oil Corp
21% May
__
•
General
17
50
23c
68c
10
Pure Oil Co common.
Radio
Nov
40
__
General Electric Co
—
-
Airways
Cons
Dodge
Pullman
16% July
2,300
»
5
-
Pennsylvania RR Co
Oct
Nov
3
__
10
Co
Electric Bond & Share Co
1,365
a
100
Cement common-
Pepsi Cola Co
Oct
15%
a38
3
__
•
17%
.10
Corp
Pictures
Utah
Utah-Idaho
Dominguez Oil Co
17 Va
a34 % a34%
57
20
Co
Motor
American
Park
Jan
100
a23% a23%
__
1
Feb
Feb
42% May
__
__
*
Curtiss-Wright Corp
9% May
310
12
22
,15
Continental Motors Corp
540
a44
3
•
Feb
—20
.
-
Paramount
Jan
15%
70
__
•
&
Edison
45c
10%
a37%
__
Commonwealth
Consolidated
Nov
a43
»
Commercial Solvents
25c
10%
__
*
Packers
100
Oct
44%
Sep
Feb
Jun
15%
__
10%
25
common
Columbia
25
25c
25c
__
_
Finance
Phelps
California Pacific
41
25%
22c
-
Preferred
Jan
Apr
May
3%
— —
*
Pacific Portland
Feb
Sep
40%
15
Feb
1
16
_100
cap
Sugar Co
Paciifc
Feb
16%
May
84 %
5,239
a43% a43%
al7% al77/a
4'/a
15
«_
&
1%
__
Feb
a44
Nov
Jan
7%
38 %
28
97%
__
•
common
Jan
17%
28 %
49%
10
common
—
Sugar Co
Pan
Berkey
Feb
36%
2.55
355
113
Jun
1
__
Pacific Railway
15%
3%
Sep
9% May
700
12%
19'A Aug
—
41%
357
Feb
43%
•
capital
50%
5%
__
100
common
Corp
RR
28% May
5%
7
Oct
31% May
a227% a23%
Jun
340
*
249
a79% a80y8
5%
Jan
4
NOV
350
5c
City Copper
500
50
8%
19 %
17%
a
a48
al4% al4y4
__
5
Manufacturing
Baldwin
__
Feb
48 %
pfd -10
8 7o
Nov
71
Olaa
Armour
Cement
34%
2.80
Sep
5
19 %
1
__
3%
__
4Va
48 %
18
Inc
cons
5
Nov
___
M
&
34%
__
5
2,165
15,751
Robbins
&
M
a46%
__
50
1 \h
a56% a56%
__
•
com
Mining
1,%
29%
Feb
17
9%
al4% al5'/a
J
Mountain
American Radiator &
High
19% May
1% July
29
a
a44
•
Navigation Co
McKesson
American
605
Aug
Oct
2.70
29
—
29%
175
all%
•
13 %
4%
2.55
all%
•
Copper Corp
10
4%
a.—
•
Nov
27%
•
Co
Tel
200
a6%
——
•
Canada
Co
&
Inc
Matson
•
Tel
LOW
29%
3%
a6Va
3%
—
l
Corp
Nickel
Apr
Securities—
Alleghany
Mines
Johns-Manville Corp
Jan
50
12
__
—
1
Mary
High
25
_
1
International
Jan
a27% a27%
__
l
Air Reduction Co
_____
~
Feb
37%
Jun
282% May
27%
*
common
78%
B
Holly Oil Co
Hupp Corp
Oct
May
24%
Class
*
A
*
International
100
common
Hobbs Battery Co class
Apr
Nov
Low
Par
High
24 % July
Apr
18%
__
20
Fargo Bank & U T
20
21 Va
1
Indies Sugar
Yellow Cab Co
LOW
910
21%
18%
14
Range Since January 1
High
24 '/8
10
Victor Equipment Co
Waialua
Shares
24
—
NOVEMBER
for Week
Low
24 Va
ENDING
Sales
Range
of Prices
Sale Price
WEEK
FOR
4^875
80
11 y2 May
11
15%
Feb
International
6%
Bronze
common
International
19
19
19
315
18%
25
preferred
International
*
Nickel
of
Paper
common
Nov
14%
Feb
International
Petroleum
78% May
39% Oct
96%
Nov
International
Power
43
Feb
International
Utilities
Canada
Co
Ltd
32
32
32
55
32
Oct
38 %
Jan
•
33%
33%
34
3,298
32
Sep
37%
Feb
41
May
15
61%
4
13%
*
Corp
5
—
12%
60
63
8,341
13
13%
55
1,845
55
80
39
12
12%
1,149
10
12%
Sep
Sep
May
63%
Oct
16%
Feb
57
Oct
13 %
Feb
37,
38
(2026)
THE
COMMERCIAL
& FINANCIAL
CANADIAN
RANGE
Friday
Week'*
Last
Rang*
of Price*
Share*
Par
Jamaica Public Service Ltd
Labatt Limited (John)
Lake of the Woods common
7%
•
com
•
Low
13
100
13%
24%
33
Low
250
23% May
14%
Oc t
26 y2 Mar
33
25
32
Nov
36
Jan
80
172
Feb
175
Mar
*
Secord
3
18
18
18
70
Bros
•
15
15
15%
525
__
50
19 y2
Apr
21%
17
Nov
21
Jan
16%
Feb
14% Sep
Feb
Massey-Harris
*
17%
17
17%
835
14% May
21%
McColl-Frontenac Oil
Mitchell (Robert)
*
25%
25
25%
730
23%
Jan
30
July
*
15%
15%
55
13%
Jun
20
Feb
Molson's
Breweries
*
15%
38 %
35
3A%
Jan
Montreal
Cottons
40 ya July
14
Feb
Montreal
Locomotive
*
Works
Tramways
National
Breweries
National
Drug
Steel
National
Trust
100
Car
13%
350
33
14
18%
4,255
14%
Sep
22%
50
50
91
49%
Jun
50% July
33
34
24
Ltd
48
12 'A
12 y4
12 %
125
*
23
22 y4
23%
1,185
27
27
49%
49%
50%
47
10
Noranda Mines Ltd
*
Feb
17%
50
5
pfd
Corp
Co
38 %
•
common
Chemical
&
National
13%:
•
40
Montreal
38
48
734
7%
Flour
Mills
12% Mar
31
Jan
Feb
40
Jan
42
Apr
12
Oct
13%
Feb
21% Sep
26%
Feb
Nov
27
53
Jan
27
42
48
May
Ontario
Steel
Electric
Ottawa
Lt
5%
Ht
Rwys
&
725
181
181
181
50
*
new
Power
27 V2
21%
21 y2
21 y2
•
Products
Ottawa
27
100
preferred
27%
20
preferred
Dominion
13
12%
13
973
23%
21%
23%
13,616
150
Worsteds
Donnacona Paper Co Ltd
Eastern
•
Fenmans Ltd
Foreign Pow Sec 6%
Fraser Companies
Sep
May
5
102%
Feb
32
32%
63
63
63 %
35
63
Nov
40 y2
40%
41
680
34
Jan
Power Corp of Canada
Price Bros & Co Ltd common
•
Quebec
Power
Rolland
St
Paper 4 % %
St
A
preferred
Corporation
14%
440
67
68 y2
2,538
100
100
2
•
50
Flour
Mills
St Lawrence Paper
6%
Shawinigan
&
Water
7%
pfd
Southern
Jun
25
18%
391
49%
50
460
151
151
10
137
137
139
965
21%
21%
22 y4
5,247
•
48%
48%
15%
preferred
102 %
•
28
50
30% May
151
116
Jan
21%
Oct
Feb
20%
104
Jan
Mar
19%
Oct
50'/a
164
140
Oct
25%
Jan
12%
102 y2
16
8Va
8
8 %
1,155
96
96
97 y2
55
Apr
Nov
Mar
96
7%
Sep
Sep
16
Oct
15
Oct
105
Mar
18%
Sep
9%
Feb
Nov
104
Feb
May
*
79 y4
79
79 y4
362
75
Oct
82
preferred
25
80
80
80%
50
78
Oct
89
Jan
Tooke Brothers
*
8
8
50
8
Nov
9
Jun
190
Jun
7%
Tuckett
Twin
common
__
Tobacco
7%
preferred
100
Steel
Corp
Viau Bisciut 5%
Wabasso Cotton
•
preferred
175
175
175
25
175
Nov
8%
City
United
8%
9%
210
8
May
8%
8%
8Va
100
101
1,575
101
1
'1 % May
100
Mar
15%
Feb
10
Feb
102
78
78
78
75
•
26%
26 '/a
26 y2
110
Western Grocers Ltd
21% May
28%
Oct
*
26
25
26
135
25
37
Feb
Wilsils Ltd
Sep
*
21
21
75
20% May
23
Mar
20%
21%
2,190
100
100
10
35
35
500
&
Winnipeg
Electric
preferred
5%
Zellers Limited
6%
Worts
•
common
100
common
21
__
*
preferred
25
28 %
28%
__
80
72
13
Apr
Jan
97%
81
Feb
21%
27%
Class
101
May
38
Feb
Jan
29
Feb
Banks—
10
Commerce
21%
21%
21%
814
19%
10
23%
23
23%
980
Montreal
10
27%
27%
28Va
Nova Scotia
4,104
10
36%
37 %
601
34
24%
24%
5,240
22
Royal
10
__
24%
Sep
Jan
24
7
7
5
6
Oct
12%
Jan
54
55%.
2,054
42
May
55 %
Nov
100
105
105
105
20
18%
18%
600
May
13% May
45
175
44% Nov
17
17
25
460
1
Melchers
6%
Aug
class
19%
Oct
,47%
Jun
19%
Feb
10% Aug
15
Oct
25
27
Apr
28
Feb
3
100
3
Oct
150
7%
Oct
9
9
27%'
11
12%
12%
11
40
25
25
9%
28'%
Feb
14 %
July
13
900
11
Jun
44
150
40
Jan
9%
9%
390
9% Nov
Oct
Oct
6%
Nov
14%
Feb
31%
Feb
100
25
pfd__20
27%
27%
5
100
100
100
50
98
Oct
6%
6 %
4
4
Apr
12
Aug
preferred
6%
Jun
46
May
27% Oct
6%
14%
*
Oct
9%
14%
common
Jan
13
12%
»
pfd
Feb
Jan
43%
•
4%
Jan
9%
6%
6%
11
104
Jan
9%
Aug
10
Ontario
&
Oct
113
27
27%
Paper
Ltd
Oct
14%
A__
Export class A
Distilleries
Feb
14
2
&
(H R)
Minnesota
Paper
Corporation
Ltd—
13
13
13
154
5
Co
Montreal Refrlg & Storage Ltd com
1st preferred
Moore
17
Jan
47/a
27
pfd
B
23%
23%
23%
895
15% May
24%
Oct
*
18%
18%
18%
6
13%
Jan
18%
Nov
30
29%
29 %
29%
6
2^ %
Feb
30
July
•
14%
Jan
76
76
85
65% May
76
Nov
Mount Royal Hotel Co Ltd
•
15%
15 %
50
10%
Jan
17
Apr
Mount
Ltd
*
10%
10%
10%
125
9 %
May
common
•
19%
19%
19%
80
19%
Royal Rice Mills
Nova
Scotia
6%
Lt
&
Pr
preferred
100
112
112
5
10%
Oct
Oct
21
Aug
108% May
112
Apr
14% Mar
Nuclear Enterprises Ltd
*
14
14
14
190
11
May
Orange Crush Ltd
•
14 %
14%
14%
220
13
Oct
22
Jan
2o
32
32
32
50
32
Nov
33
Sep
•
15
15
15
100
56
56
10
Paton
Paul
Mfg 7%
preferred
Service Stores Ltd
Power Corp
Purity
6%
Flour
N C part 2nd
Mills
Co
Ltd
pfd
50
11%
14% Aug
55
Jan
21%
Jan
60
Jan
11%
11%
200
Nov
14% May
40
52
52
50
52
Nov
54 %
Quebec Pulp & Paper 7% red pfd--100
Quebec Tel & Power Corp class A
0
23
23
35
19
May
10%
10%
10
%
8
1,050
Preferred
Rands
_
__
Service
Reitman
Russell
Stores
Ltd
5%
10
com
____
__
*
—
preferred
_20
Industries Ltd
•
Sangamo Co Ltd
Southern
Standard
7%
18%
Pr
Invest
Co
6
181/4
18%
14
14%
10%
—
10%
25
200
11%
8%
Jan
4
Apr
18
Oct
12% May
300
10
117
116
117
34
116
39c
38c
40c
71,376
6
6
25
15%
_•
Canada
Southmont
6%
pfd
Ltd
100
Paving & Materials Ltd
United Distillers of Canada
Westeel
*
22
Feb
Ltd
—
•
Co Ltd
Windsor
Ltd
Hotel
15%
*
Products Ltd
Western Grain
Jan
Apr
Jan
24c
5%
Oct
Jun
30
Jan
10%
Nov
9% Aug
18 %
15
NOV
July
11% Mar
123
43c
Jan
May
7% July
29
*
—
15%
50
14
July
25
28
29
200
23
May
29%
1.00
—*
1.00
50
1.00 May
2 >8
Jan
10
10
69
14 %
Jan
1.49
Jan
10
Nov
Jan
Sep
Mining Stocks—
Akaitcho
Arno
Yellowknife
Gold
Mines
1
Gold
Quebec
Aubelle Mines
Mines
Ltd
Ltd
1.00
3%c
3%c
3%c
3,100
1
Mining
1.00
*
Ltd
Mines
Ashley
Astoria
Canadienne
Ltd
McColl-Frontenac Oil 4%
Oct
Jan
May
35
May
20
July
•
Walker Gooderham
2
1,145
3% May
61
3
A
Maple Leaf Milling Co Ltd
Masesy-Harris Co 6%% conv
Oct
May
7,350
24
18%
_!
Power
MacMilian
Oct
Nov
30 % Mar
12 y4 Mar
10
15%
68%
103
Jun
615
290
Nov
25
290
18
Jan
JaJn
41
50%
15
18
33
71
Nov
15%
102% 102 %
Sep
48 y4
loo
5% preferred
Steel Co of Canada
Sep
15%
18
•
common
525
9% May
14%
100
Power
49'/a
28
*
Standard Chemical
Aug
101
103
17
__
Nov
18
103
18 %
10% May
50% May
100
465
•
com
common
Canada
18 %
100
Power
preferred
50
Sherwin Williams of Canada common-*
Voting trust
Simpsons Ltd 4 % %
18
pfd__100
Series A 4%
Sicks Breweries
18%
100
common
preferred
Lawrence
14%
68
100
•
Lawrence
Class
14%
•
100
27% July
103%
3%
Lambert
MacLaren
21
18
3
23.
8% May
^
(Can)
Nov
21%
Oct
Feb
•
preferred.
Paints
May
18
15
Oct
14
class
16
16
Sep
49
45
Sep
640
2
280
10
Prod
preferred
Jan
850
51
Hydro-Electric Securities Corp
Internat
12
2%
55
Ltd
Co
Nov
11%
24
red pfd
190
*
4%
Paper
Felt
Jan
23%
49
3%
Halifax Insurance Company—
Hubbard
Feb
15
2%
preferred
Hendershot
High
40
11%
class A
Jan
20
65
A
Apr
11% May
14% May
51
Goodyear Tire & Rubber of Can
Great Lakes Paper: Co Ltd com
Class
36
2%
Ford Motor Co of Canada
180
102% 102%
32
Ltd-
Products
Aircraft Limited
Jan
Powell River Co-
common
Steel
Fairchild
Fanny Farmer Candy Shops Inc
Fleet Mfg & Aircraft.
(Alfred) Inc
Lowney Co Ltd (Walter M)
17%
Low
20
Woollens, &
Range Since January 1
High
40
29
20
100
Page-Hersey Tubes
130
Low
39%
.
16%
*
common
Share*
40
Oct
26%
for Week
P
Nov
Aug
40
2,014
•
common
Sales
Range
of Price*
Dominion Square Corp
5%
Ogilvie
Week's
Sale Price
STOCKS—
1
173 174%
20
20
173
Lewis
common
14
High
11% Jan
Laura
Montreal Telegraph
MARKETS
NOVEMBER
Last
80
*
Lang & Sons Ltd (John A)
Ltd
ENDING
Friday
Range Sine* January
High
13
24%
„
*
preferred
LISTED
WEEK
Monday, November 17, 1947
Sale*
for Week
sal* PrlM
STOCKS—
FOR
CHRONICLE
16c
16c
17c
12,500
12 %c 12 %c
1,000
_1
_1
_
21%
Sep
23%
Apr
July
28 y4
Nov
39
Jan
Beatrice Red Lake Gold
Jan
Beaulieu
—
18c
300
18c
500
16C
21,000
9%c 11 %c
6,000
1.00 July
3c
Feb
Aug
7c
Oct
26c
Sep
July
23c
Jan
12 %c
Jun
30c
Jan
11 %c
Nov
44c
Jan
12 %c
10c
Nov
25%
—
Apr
25
Band-Ore
Eob's
BONDS—
Gold
Ltd
Mines
Yellowknife
Gold Mines
Lake
Bouscadillac
Gold
1
Mines
1
11
1
34c
34c
38c
2,500
1
26c
21c
32c
825
Ltd
Ltd
Mines
12c
Ltd
Ltd—_
Mines
Jun
17 % c
Oct
Jun
89c
Sep
5c
Sep
70c
Oct
11c
5c
27 %c
Power
3%
notes
1949
50
50
Jan
50
50%
Feb
5c
5c
5c
1,500
5c
Apr
1
2%c
2 %c
2%c
1,000
2c
Sep
_*
53c
50c
53c
146
48c
1
4c
4c
4c
500
4c
July
8c
Sep
Centremaque Gold Mines Ltd
Century Mining Corp Ltd
$10,000
1
Cartler-Malartlc Gold Mines Ltd
Montreal
1
20c
20c
1,500
15c
Apr
28c
Feb
1
13c
13c
2,000
10c
Oct
44c
9%c
9%c
1,000
9c
Aug
52c
Jan
8%c
87/aC
1,000
8c
Aug
16 %c
Apr
19c 20 %c
20,400
Brazil Gold & Diamond Mine Corp
Candego
Montreal Curb Market
_
Cheskirk Mines Ltd
Canadian Fund*
Friday
Week'*
Rang*
Last
STOCKS—
Sale Prio*
Par
Acme
Glove
Works
Atlas
Steels
Limited
Auto
Fabrics
Glove
Ltd
&
Brand & Millen
British
&
Ltd
Dist
class
of
B
*
Ltd
American Oil
Co
Columbia
Columbia Pulp
Ltd
Ltd
Packers
A
Co
Ltd
Industries
&
Marconi
cumulative
*
Co
23%
—
Products
15%
15%
5
23
23%
710
14
14
40
1
Eldona Gold
Fontana
Feb
43
155
111%
108%
113
835
14
14
14%
200
16%
Sep
Jan
23% May
63
Jan
30
Feb
Nov
Nov
94
94
5
94
Nov
22%
23
740
21
Jan
25
8
Nov
1.75
Feb
12%
Jan
2%
Jan
3%
Feb
13
13
10
25
25
25
Apr
30%
Feb
30
30
60
26
Jan
36
Apr
135
145
145
10
3%
7,200
*
5
A
2% Aug
—
3%
Oct
Feb
41
18
38
17
129
5
235
3%
Apr
7
5% July
7
50
6%
Feb
7%
35
35c
35c
17
16
16
16
1
Nov
Oct
Feb
Jan
Oct
65c
Feb
Jan
17
Feb
20%
15,241
com—*
12
11
12
425
14% May
8% Jan
85c
85c
100
65c
God's
Class
*
Dominion
Engineering Works Ltd
Oilcloth
&
For footnotes see
Linoleum
page 42.
25
*
B
Dominion
7%
*
Co
*
——
40
25
30%
186
7
7%
1,101
40%
41
127
40
150
39
Lake
Gold
Oct
22 %
Aug
4% Mar
35
Aug
36% Apr
Mines
Jan
24
125
18%
74c
Jan
Aug
2.74 May
25
Sep
1.60
Jan
4.65
Jan
2.60
Aug
1.31
1.29
1.35
2,400
28c
34c
34c
37c
7,000
25c
Feb
56c
Sep
6c
6c
6c
6,500
6c
May
16c
Jan
1
—
Ltd
Mines
Jack
20 %
Nov
12
Nov
2%
30%
7%
48
Ltd
Gold
Hudson-Rand
21c
20 %c
23c
11,000
19c
Aug
92c
Feb
6c
6c
6 %c
270
4%C NOV
1.08
1.08
200
80c
—*
-
Mines
-
—1
Ltd
July
Labrador
1
Apr
4,000
18c
May
45c
Sep
32c
500
25c
July
95c
Feb
570
12%
Sep
15c
9.50 May
50c
15c
334
10c
May
28c
6C
12,500
5c
Jan
50c
300
33c
May
May
13c
50c
90c
Jan
5.90
5.90
6.00
15%
15%
15%
100
9c
9c
1,000
7%c Jun
1.35 Aug
2.27 July
Macdonald
__
200
Mines Ltd
1.62
1.60
1.62
300
—1
2.60
2.50
2.60
6,700
5
1
65%
63
65%
152
1.10
1.09
1.13
12,300
1
Mclntyre-Porcupine Mines Ltd
Nechi Con* Dredging
Gold
1
1
Ltd
Mines
-
May
11%
_1
-
Feb
1.99
11%
Mining & Explor Co Ltd—1
Lingslde Gold Mine*
Louvicourt Goldfields
3.55 May
137/s
56
1.01
Jan
7.40
16%
22c
Feb
Aug
Jun
Feb
3.55
Feb
4.80
Jan
Mar
66%
Sep
Oct
1.20
Feb
2.60
2.55
2.60
800
11c
12c
4.100
9c
May
Quebec Manganese
—•
Quebec Yellowknife Gold Mines Ltd—1
61c
51c
1.80
8,058
51c
Nov
15C
12c
15c
19,500
7c
Santiago
15c
12c 15%c
13,100
12c
40c
May
73c
Oct
5.35
Feb
Pitt
Gold
Mining Co
-
Ltd
Mine*
—
Senator-Rouyn Ltd
1
Sherritt-Gordon
Silver
50c
——
1
Gold
Mines
Westville
Mines
Ltd
1944 Ltd
Mines
_
Oct
Feb
1.80
Nov
Oct
25c
Mar
May
34 %c
Feb
—
66c
66c
1,400
3.00
2.99
3.00
1.825
45c
41c
45c
6,600
350
Oct
50c
Oct
8%c
8 %c
1,000
7c
Sep
19c
Jan
5,815
50c
May
78c
1
•
Sullivan Con* Mine* Ltd
Vinray Malartlc
2.75
18c
1
Ltd
Miller Mines
Soma-Duvernay
1.82 May
1
Mines
—
_
1
•
—
73c
Wiltsey-Coghlan Mines Ltd
1
—
71c
73c
2.10
2.10
6,000
10 %c
14c
82,700
5c
2.10
12%c
1
—
5c
12c
2.10 Jan
1.70 May
2.80
Jan
Jan
Aug
20c
5.000
4%c NOV
14c
Feb
12c
1,000
10c
14 %c
Jan
12c 13 %c
61c
Jun
5c
July
July
Stock*—
Nov
Consol Homestead OU
Oct
Dalhousie
Jan
Gaspe Oil Ventures Ltd
Home Oil Co Ltd
42% May
35c
97/sC
5%c
1
-
Lake Shore Mines Ltd
O'Brien
31c
May
32c
11%
1
Lake Mines Ltd
Joliet-Quebec Mine* Ltd—
Oil
David & Frere Limitee class A
25 %c
1
Formaque Gold Mines Ltd
Found Lake Gold
Stadacona
Jan
15 %
19%
—
47
140
35c
20%
•
155
135
*
Nov
1
—
-
41
•
Cub Aircraft Corp Ltd
Feb
'/a
135
*
Preferred
consolidated Paper Corp Ltd
Mar
14
4%
*
preferred
class
41
__
9c
1
-
_
Nov
May
9% Jan
May
3%
2,000
1
Ltd
113
67
20
145
Ltd
1
12
3%
Mines Ltd
Mines
Mines
1
__
—
Jan
9c
500
Hollinger Consolidated Gold
50
331
39C
1,200
Goldvue
25
2%
May
1.20
Heva Gold Mines Ltd
290
2%
19c
3.50
Oct
12% Aug
99 % May
—
500
3.50
Jan
320
71
25c
1.18
Nov
12
350
Jan
25c
23%
7
27
8
Feb
25c
3.50
80
12
2%
60c
Nov
1.18
171
26
2
Oct
10c
9c
—
14%c
23%
May
20%
8
Gold
Feb
500
*
May
2% May
309
8
Sol
Nov
10c
1
—
—
Jan
54c
10c
1
Ltd
Sullivan Mines
Nov
Jan
1
__
East
El
16
__
20 %c
1
Ltd
Mines
Don aid a Mines
Oct
27
185
50%
Dome
Ltd
Nickel Mines Ltd—
Denison
Jun
Oct
21,905
50
1
Jan
13% May
7
26
Cournor Mining Co
3.00
22
79
50%
1
15
Feb
159
21
1
—
1
12%
17
78
21
Feb
Apr
159
21
Mar
25
100
common
Ltd
Oct
Oct
7
15 %
6%
2
Canadian Westinghouse Co
Cassidy's Limited 7% preferred
Mills
Sep
12%
160
12% Mar
159
100
Textile
Nov
♦
preferred
Sec
9
1.00
Sep
*
Canadian Western Lumber Co
Standard
5%
150
11% Mar
May
1.75 May
10% Sep
•
•
class A
common
Commercial Alcohols Ltd
Jan
9% Aug
6%
•
100
preferred
Vickers Ltd
—
8
High
22%
Company
Silk
Consolidated
5
100
Power
Canadian
Div
30
common
Canadian
Consol
1,500
15
*
preferred
Canadian Light
8%
1.25
15
*
com
Canadian Power & Paper Inv com
T/o
100
1.05
—
•
Canadian Dredge & Dock Co
Food Products Ltd
5%
10
1.05
1
Canadian
Canadian
3
1
Canada & Dominion Sugar
Canada Malting Co Ltd
Canadian
25
150
10
100
Butterfly Hosiery
red
6%
150
& Paper com—*
common
Preferred
4%%
6%
10
100
Company
3,135
150
•
class
Preferred
Brown
125
12%
*
*
Vancouver
British
9%
12%
•
common
A
British
LOW
9
12%
Ltd
Mines
Consol Central Cadillac Gold Mines
Cortez Exploration* Ltd
Range Since January 1
High
100
common
Hosiery
Brandram-Henderson
Brewers
*
•
Products
Belding-Corticelli
Belgium
Ltd
Low
Share*
_1
—
Yellowknife
Colomac
Sale*
f*r Week
of Price*
—
—
Jan
7c
Oil
Co
Co Ltd
Ltd
•
12 %c
38,000
12c
*
40c
40c
40c
1,000
35c
Jan
75c
1
75c
75c 77 %c
9,200
40c
May
92 %C
Oct
•
4.35
2.94 Jan
4.75
July
4.30
4.35
750
Sep
Jun
Volume 166
Number 4647
THE COMMERCIAL
& FINANCIAL
CHRONICLE
(2027)
CANADIAN
RANGE
Toronto Stock
FOR
LISTED
WEEK
ENDING
MARKETS
NOVEMBER
14
Friday
stocks—
Abitibi
Power
& Paper
$1.50
preferred
$2.50 preferred
Apex
Cons
Aquarius
Larder
Mines
—
-
-
A
Athona
Mar
25
Oct
32c
NOV
ll'c
11c
1,000
7%C Oct
1.42
1.50
5,500
97c
8.50
8.60
1,011
_
_
6%c Jan
14o
Sep
37c
Oct
70C
7%C
7 %c
500
6c
May
13 %C
Jan
14
of
Nova
11 %c
11 %c
12c
12%
13
15c
15c
1,000
Quebec
_
Jan
Sep
May
11c
class
class
28%
Nov
37%
200
33
Aug
37%
10c
130
16,975
23
60c
66c
50
33c
38c
c
35c
71,800
8.00
8.00
19%
Jun
173
66c
5
25
61c
60c
64c
—
12,500
23 %c
1
-
22 %c
25c
11,838
21
21
20
—
*
13%
__
1
15c
class A
6.75 July
Oct
23% Feb
910
42
89c
Oct
90c
4
Jan
6
60c
Aug
16c
Mar
20% May
t31c
23%
10%
11%
1,810
125
300
2,710
10
May
LOO
Oct
40
5%
25%
26 %
230
25%
Nov
2%
2%
*
•
preferred
Porcupine
-
_
—
1
32c
—-1
Gold
Lake
3Vs
&
Co
B
Calgary
&
Flin
Oils
Campbell
Canada
4% 7c
Class
Canada
_
Lake
_
common
Power
35c
Feb
50c
Jan
May
1.55
FeD
5,500
20c
31%
150
5c
5c
500
12
20
11
Jun
27
25
22
July
12
May
17%
12c
Aug
33c
Feb
17%
17 %
10
14c
2,200
28
4c
Nov
May
Oct
2.45
2.60
7%c
7,000
5%c
Sep
38c
40c
5,300
24c
Jan
2.90
2.95
800
Breweries
Commerce
12c
July
Oct
22c
21c
25c
13,100
9c
Aug
30c
13c
1,500
8c
Jan
27c
26%
40
26
Oct
31
Mar
10
Oct
14
Mar
Dairies
preferred
500
1,200
9c
1,600
53 %c
57c
7,800
36c
May
85c
Feb
75c
Sep
51c
2,500
30c
May
1.14
4,500
87c
May
72c
76c
21,900
44c
Aug
98c
18%
19 %
980
14
May
20%
Oct
1.25
12,020
Aug
1.40
Nov
23%
24
1,930
18
Jan
25%
26%
27
Sep
80
25
Apr
29%
Jan
16
16
25
13% May
17%
Nov
9
9
6
8
Sep
29%
30
405
27
May
common
1
B
7,050
1.70 Jan
2.3G
Jan
Preferred
Woollens
Gold
Mines Ltd
Canadian Food Products
Class
A
Preferred
common-
East
Crest
Oil
_
_
East
Malartlc
26%
26%
27%
630
23 %
22%
22%
22%
25
13
12%
13
90
1.17
1.14
1.25
16,800
19
735
29
29
65
East
Sullivan
Canadian Industrial
Steel
Economic
Apr
Eddy
27
Jan
Elder
2.70 July
17%c Feb
73c
3.50
class
Alcohol,
com
El Sol
Gold
Mines
6%
6%c
7 %c
Feb
23%
29
2,000
115
50
Oct
62
Feb
Feb
3.55
5,000
2.70 May
4.75
Jan
10%
11%
2,590
8% May
11%
Jan
14%
15
325
11
—
39
—
80c
1.30
35c
39
19
19'A
30
56,625
28c
May
38c
59,500
20c
Apr
16%
4.50
4.25
4.50
Preferred
19
51
100
99%
18
16
48
50
25
*
6
6
6
8
Sep
13 %
13%
10
Sep
17
Feb
40%
40%
41
215
Ford
49% Mar
24 %
241/4
Foundation
50
24
Oct
25
Oct
23
19
Apr
23%
Oct
Frobisher
2,070
May
23%
5%
class
Co
Power
preferred
8
8
Sep
7%
8
20
7
Feb
10
Mar
3
3%
6,085
2
Aug
5
Feb
14
14
14
785
9
Aug
14%
Oct
24
24'A
1,400
19%
Jan
24'A
Nov
20'A
26% May
General
20
Jun
26
Jan
85
General Steel Wares
25
Sep
24
35
Oct
26
Jan
54
55
100
47% May
55
Feb
2.40
2.60
2,720
2.05 May
3.25
Jan
•
19%
19'A
19'A
25
16%
20
Aug
21
29%
21 %
65
20
Oct
26
Jan
109
4'A
Jan
Bakeries
Yellowknife
Gillies
13 %
145
11% May
15
Feb
16%'
Glenora
225
16
19%
Feb
59
Globe
45
55
67%
common
Gold
Mines
•
Gold
1
6.15
1
Lake
13
59
May
24
55
—
*
22% Sen
515
26
Sep
22%
2.55
100
2,431
21
16 %
19c
1
Oil
__
1
38
God's
45
37
Nov
43
Feb
26%
27
395
Goldale
18
May
30
11%
12
195
10
May
Jan
16
15%
16%
Gold
Golden
Arrow
Golden
Manltou
•
1.06
17c
109 109'/a
Lake
90
16
Jun
20
Feb
94
94
25
94
Nov
100
260
100
260
Nov
275
Mav
Gold
Eagle
1
Mines
19%o
109
Nov
111% May
4»A
385
3 %
Jun
5'A
Jan
15%
100
14%
Aug
18'A
Feb
6.10
6.20
7,566
18c 19 %c
3%c
4c
50c 53 %c
5.40 May
7.15 Mar
23c
10c
July
3c
28,100
4,600
July
9c
Feb
42c
Sep
71c
Aug
Sep
1.09
27,800
17,800
57c
Jan
17c 18'Ac
2,000
16c
July
22c
Feb
3,500
11c
July
32c
Aug
1.01
19%c
23c
...
1.98 Mar
1
6c
5c
6c
6,700
4%c July
23c
Jan
1
15 %c
15c
17c
9,500
13c
50c
Jan
1
2.19
2.01
2.19
3,963
17c
16 %c
18c
20,398
8c
10%c 12 %c
5,500
7c
Jan
260
Gold
Mines
65
Apr
4%
15%
Feb
12
50c
1
Feb
38
26 %
Goldcrest
6% Mar
Feb
Nov
•
common
24 Va
59
1,000
6%
May
8
*
24
4
May
11c
3%
*
25%
16%
1,290
2
134
Feb
Jan
Jan
•
A
Exploration
20%
Giant
May
9%
7%
Mar
Nov
Sep
5c
19%
67
100
common
Canada
Gatineau
21
Oct
Oct
*
Fraser Cos
89
23 %
Aug
*
13%
23
95
Sep
10
Mfg & Aircraft
Fleury-Bissell preferred
10
4%
500
Fleet
7%< Aug
Feb
524
100
Fittings Ltd
100
5.50
1,160
6%c
Apr
8%
Oct
3.90
5
98
Jan
8%
Jan
19
6%c
Preferred
Sep
4.70
51 %
6%c
common
60c
25%
5
1
Feb
2.60 Aug
Oct
48%
Federal Kirkland
1.36
1.96 July
3,475
—
Jan
1.36
205
•
Sep
21
1.26
19,824
common
40
Oct
Aug
•
15% Aug
19
60c
33c
July
37% July
75
17,288
20
Nickel
Oct
80c
4.30
18
Oct
14'A
75c
19
12
40
Jan
3.45
3.95
of
57c
3.55
19
200
12%
28%c Sep
2.45
4.30
Sep
Jun
Jan
12 %c
1
Products
Jan
Jun
Jan
•
Corp
Grain
1.58
1.50 May
Eureka
Falconbridge
90c
Feb
17,150
English Electric class A
Mar
8%
5c
1.62
2.02
31% July
Jan
26 %c Mar
15
1.90
July
16
—
page 42.
72c
Feb
Nov
26% May
1.99
1
188
15%
July
25,600
70,000
1
Gold Mines
8
a
11c
13cl5%c
41c46%c
I
110
A—•
Oct
43c
20
400
94
May
60c
15%c
25
A
Mines
199
16%
17c
9,500
68c
•
Investment
Paper
10%
.100
53,100
25c28%c
70c
•
Machine
16%
_-50
Locomotive
see
50%
38.
May
May
277/a
Jan
1
Mines
Easy Washing
12%
16% May
Nov
Nov
11
Fibre
18%
May
22 %
64c
26c
4.75 Feb
Famous
29
20
Feb
1
Mines
10
_
_
45
18
10
*
198
*
_
—
Electric
Aug
6%
1,300
1
16%
*
40
12% May
43
•
198
_
Feb
*
Amphi Mines
10%
*
_
Feb
4%
-1
Duquesne Mining Co
Duvay Gold Mines
16%
-25
Dredge
27%
Jun
17%
Aug
20
Jun
3
300
17
1
_
22
485
43
*
a
_
9%
100
3%
25
Players
Fanny Farmer Candy Shops
.
_
_
Oct
23%
1
pfd
Feb
Jan
3%
•
Chemical
33%
Feb
77/a
3%
*
&
11
Jan
8
50
class
Federal
—
70c
1.70
23%
*
common
Jun
a
common
9
1
Preferred
& Coal
Feb
43c
*
Dominion Scottish Invest
Steel
Feb
1.10
*
Magnesium
Malting
2.44
26c
43c
Apr
24 V8
1.60 May
8c
July
1.14
Mar
common
57c
25
Dominion Foundry & Steel
Eastern
Oct
Jun
11
common
Dominion
32% Feb
7%c Feb
Apr
1.80
75
25%
A
11
Feb
2%
9c
•105
23%
12c
26%
Jan
43c
1.70
Nov
•
preferred
12c
20%
1.50
10%
Nov
•
Jan
60c
5
10
Jan
55c
3,300
69
—
38c
Oct
85c
100
—
July
24c
70c
25
___25
20c
1,000
70c
30
50
7,500
May
100
preferred
For footnotes
Dominion
Bldona
7 Vac
B
Canadian Canners common
General
Coal
*
-
Jan
1
Bank
23
.
Nov
30 %
69c
Nov
—
Bank
Celanese
Dominion
-loo
_
1.90
Julv
2,800
Nov
48 Vic Feb
Jan
Oct
26
1
Diversified Mining
Dome Mines Ltd
East
Aug
Apr
174%
16,100
5
*
Canadian
Canadian
100
Nov
20c
71
_
Varnish preferred
& Cable class
Canadian
Oct
Aug
13
1.10
100
_
Wire
Canadian
99
27c
34c
97
95c
71
__
Canadian
Class
Dexter Red Lake Mines
Dickenson Red Lake
Dulama
Feb
17c
1
Nov
4,100
50%
Mortgage
_
of
Lake
3%
Jun
Sep
1
Mines
29%
3i»c
Feb
1.05
61c
I
Nickel
Detta Red
21
19c
100
Canadian Bakeries
Canadian
Jan
2.95
*
Preferred
Canadian Car
2,300
18 %
Canadian S S Lines
Conv
10
32c
July
19c
_
82c
Jan
1.00
5
Packers class B
Permenant
1st
100
2
15c
♦
Canada
Canada
29c
*
Mines
Denison
Dominion
23c
__
20
__
Canada
Canada
A
Donalda Mines
38c
_
Malting
Northern
28c
100
—
Canada
30c
29c
Oct
Feb
17c
_
-
_
Canada
10
-50
common
preferred
Cement
93,540
*
Feb
20c
2.45
1
-
preferred
Preferred
100
30c
13c
-1
1.90
26%
*
class
Jan
27
-1
-
-
1.60
147
7%
2.00 Sep
1.56 Jan
•
B
16
2.50 Apr
15c May
1
-
—
—
Bread
B
15,500
Oct
30
*
Flon
Red
4,224
16c
13%
12
_
106
Feb
1
Petroleum
Leather
Class
Tar
80C
17%
156
Oct
15
1
Stores
8,200
*
154
26c
1
Dominion
4,500
—
78-% May
11'A Nov
30c
•
Mines
Dominion
18c
_
Edmonton
Callinan
3 %
15c
♦
_
1.87
100
1
Mills
Mining
Jan
♦%
1.20
_
A
—
Calder-Bousquet
Calmont
*
12c
3,310
1
Imperial
Feb
27
2.85
•
class
-
Jan
22c
1
155
4,500
97
11%
26%
100
14c
89%
Jan
1.12
Hill
Class
24
2.50
—
Burns
May
1.15
*
Mines
Mines
Burlington Steel
20
2.65
*
_
Products
Bunker
15c
.100
_
-
Gold
Canadian
Building
Gas
12 %c
Oct
11%
__
96 %
27
13% Mar
Oct
26
B
Red
•
16%
Apr
Feb
3% May
Buffalo
Oil
A
10
Aug
Jan
21% Oct
Oil
Oct
1.15
17c
130
B
Jan
19c
24
10 %c
3,170
Dominion
65c
3,500
1.19
Nov
5,225
*
21,300
•
Aug
14
A__
90c
21c
•
1.35 Feb
5C
3%
class
82c
19c
July
6c
3%
Power
100
90c
20o
74c
1,000
9c
13%
Buffalo
Homestead
Exploration
Dominion
A—_«
18%
2
19 %
3,000
8c
14
Ankerite
Consolidated
1.40 May
1.10 May
1
Mines
1
Oct
3%
Buffalo
—•
Beattie
Central Cadillac
Dominion
•
class
Jan
Oct
Sep
Feb
23 %
Forest
35c
6
6
2
16%
21 %
Packers
Nov
Discovery Yellowknife
30c
22%
Columbia
7c
Distillers Seagrams common
Oct
20%
Columbia
31,500
Jan
Jan
%
British
9%c
7%c
Feb
10
23
British
Sep
140
115
•
Oil
Nov
.Tun
160
20%
American
Mar
9.75 Mar
191
60c
British
Buffadison
Bakeries
Consolidated
Davies
5,000
7c
8c
11
Feb
9
18
Consolidated
Davis
14
7c
*
51c
July
39% Jan
15c 15 Vac
1
_
Aug
165
r.
May
8
600
Jun
Jun
11
200
Jan
Feb
8%
30c
600
230
3.45
20
6
40
Jan
2.20 Apr
14%c Feb
200
1.60
Dominion
3
preferred
36
800
5
—
May
26 %c May
794
66c
50c
200
170%
172
*
common
7%c Jan
40,000
40
Jun
35
35
40
61 %
1
B
A
38
10c 10 %c
22%
Jau
430
1.30
Croinor Pershing Mines
Crowshore Patricia Gold
Cub Aircraft
Oct
2.10 May
6
Feb
4.30
61c
9
1.55
Crestaurum
25 %
55
1.25
Oct
1,345
37
1,100
8
1.60
Sep
28
27%
2.82
1.30
9%
Jan
2.75
*
Cosmos
19c
May
Jan
32c
1
Cournor
Sep
Jan
5c
5
Sep
8c
37%
National
Apr
3,000
75c
6,000
Coniaurum Mines
5%
8%c
760
5%c
Jan
33c
9
*
8%c
1.05, .1.10
Aug
Sep
11%
32c
0
35c
21c
30c
79%c Jan
32c
Mining & Smelting
Nov
3,000
COniagas Mines
5.20
7%
241
37c
8
2.75
1
Jun
30
3.15
5c
*
Yellowknife.
3.90 May
7%
Sep
May
8%c Sep
2.60 May
12
preferred
Conwest
7%
27%
Term
Jan
4%
7
11%
Press class
Jun
15c
30c
Nov
1
Lake
Collingwoocl
Colomac
5,900
Jan
48c
12
Consolidated
8 %c
100
Ltd
Rubber
Coin
3.10
19c
July
Aug
2.20
•
Consoliadted
Brazilian Traction Light & Pwr com—*
British
1
76c
66
1.05
•
20c
3,350
*
Broulan
Gold
common
Consumers
5 %
•
Class
Willans
Dunlop
18C
36c
1
38c
Mar
Brand
British
Cochenour
Cochrane
3.15
1
35c
16C
1
Columbia
5,000
12% Nov
6,100
Bralorne Mines Ltd
Class
10c
1
Feb
4.50
1
& Millen
9c
13c
105
Delnite
Pershing
British
Feb
61,800
1,600
Aug
Feb
48C
44c
8%
May
9
lie
JL.45 Mar
55c
23 %o Jan
24c
1
Bonville Gcid
Boycon
15 Vi
27c
23c
1
Canada
Corp
Mines
8c
45C
3.00
1.10 May
1.23 Oct
8%
Malartlc
Feb
Feb
2.00 May
50 %c
Cltralam
Apr
900
18c
*
Pec
26%
2,050
37,785
55c
Chlmo Gold Mines
15%
1.30
8%
Chromium
18%
Nov
2.00
*
-1
Sep
Sep
11 % May
23%
2.80
1
Jan
24c
Gold
Ribbon
1.03
Jan
13
i
High
90c
1.75
Chateau-Gai Wines
Mines
May
1.30
1.97
Chemical Research
Chesmrk
390
5>/4
*
River
Bobjo
May
2.76
1
8%c Jun
4.30
—
Apr
6c
6,200
—
Bidgood Kirkland Gold'
Blue
1
9,800
4.45
•
—
of
Sons
1
May
33c
*
Yellowknife
Hats
16c
13
135
520
1
Consolidated
30c
10
_
Bear Exploration & Radium
Beatty Bros
&
14c
May
9% Feb
30c
60 %c
3,139
25
Central Patricia Gold Mines
D'Aragon Mines
Mining
Telephone
41c
24,935
15c
10
Toronto
Biltmore
13,700
12,150
4,100
10
-
Scotia
Bathurst Power class A
Bevcourt
13%
50c
6% May
10%c May
-1
Montreal
of
Berens
45 %c
12c 12 %c
—
1,30 Feb
1
Bank
Bertram
500
12 %c
*
Bankfield Consolidated
Belleterre
275
16c
135
3
Bank
Bell
7%.
72,700
16c
Aug,
15
14%
Castle-Trethewey
Conduits
7%
14
—
Beaulieu
60c
15
13%
23%
1
Central Porcupine
Centremaque Gold
Range Since January
Low
8,800
14%
Cariboo Gold
Feb
5,000
88c
23%
9.65 Sep
1,000
45 %c
1
Metals
Mar
1.90 July
2,000
-
A
19c
Jan
38c
16c 17 %c
Bagamac Mines
Jun>
1.90
75c
31c
common-
Jan
8.45
Oct
27% Feb
15
High
85c
•
A
59% Nov
220
7%c
16c
1
Gold
Electric
Feb
37c
7%
1
-1
-
Jan
66c
—
Shares
Low
88c
25
class
Cockshutt Plow
-1
_
9% Sep
1.50
32c
7%c
—
—
Aumaque Gold Mines
of
80,100
1
Aubelle Mines Ltd
Base
44c
Feb
7%c
Mining
Yellowknife
Bank
32c
107
75c
Atlas Steel
Class
Jan
188
16 %c
Mines
Aunor
21
230
325
10
—
Quebec
Auto
4,490
12%
Astoria
Atlas
59
11c
*
class
53
Railway
Wirebound
Chesterville Mines
212
1
Hardware
Oct
25%
-1
—
Aug
IOC
50
1.45
*
common
Oct
90c
40,100
209
1
-
9
3,100
16c
8.60
1
_
9%
25%
35c
«
__
Gold
Nov
1.00
12c
55
•
Armistice
Ashdown
100
210
1
—
Oil'
Resources
Ashley
Feb
Jun
Pacific
Canadian
•
33 Va Mar
25%
—
Porcupine
Corp
22
Oct
1.00
1
—
Gold Mines
Arjon
130
14c
»
Mines
Argus
100 102 %
100
100
pfd
Anglo Rouyn Mines
Area
55
43%
19 %
3,305
55
20
•
Steel common
Aluminium Ltd common—
Canadian
39
21% Feb
14% May
17% May
36% July
9%
Algoma
Anglo
21%
39
1
American Yellowknife
1,810
19%
1
Aluminum of Canada
18%
21'/a
_
Yellowknife
Anglo-Huronian
18%
High
common
Canadian
Range Since January 1
Low
19%
100
-
Shares
•
Canadian Oil Cos
High
21%
*
Alger Gold Mlnea
Amalgamated
18 Va
20
Agnew-Surpass
Akaitcho
of Prices
20
Acadia-Atlantic class A
Preferred
for Week
Low
•
common
Canadian Malartlc
Sales
Range
Sale Price
Par
Sales
for Week
of Prices
Par
Week's
Last
Range
Bale Prioe
STOCKS—
Canadian Fonda
Friday
Week's
Last
Exchange
15%
16
555
30
31
810
11% May
22% Aug
17 Va
Oct
Goldhawk
37%
Jan
Goldora
Mines
Mines..
Porcupine
Mines
•
1
10%c
2.00
Aug
3.30
Jan
Aug
74c
Jan
May
20c
Sep
Oct
39
4(J
THE
(2023)
COMMERCIAL
&
LISTED
CANADIAN
RANGE
Last
Range
Shares
Low
19,000
17c
May
1
4c
4c
4 Va c
2,000
4c
Nov
&
class
Co
—
A
preferred
1.00
Mills
95
July
Jan
Mid-Continent
52
Oct
55 V4
Jan
Milton
10 Va
Oct
12
15
19 V4 May
1,000
10 %c May
4,347
13 'A May
44 Va
44'/a
45'A
1,844
44
20
5
110
31c31'%c
1,000
90c
1.00
37,337
15
15 Va
563
5 V2 c
6c
2,500
4
113
Oil
7c
1.00
15%
Va
Sep
4
Jun
29c
Nov
21Va
17c
19'A
47Va
Feb
July
Oct
Modem
2%
3c
3c
4,000
7V2
3c
...
Bridge
906';
13
7 '%
250
35c
37c
6,600
class
A.
Harding
10V2
Carpets
10c
Gold
Harker
Gold Mines
iiarncana
IOV2
10 a
4
10c 15 Vac
9 Va
9c
_
c
585
2,700
3,700
Jan
Nov
1.00
Headway Red Lake.
Heath
16 V2
Jau
10c
Jan
2c
May
6
May
33c
Oct
9% May
9 V4C May
May
7,000
75c
3,500
7c
31c
Long
Mylamaque
9'A
Feb
65c
Jan
12
Apr
18c
2IV2C
Feb
National
Homer
National
May
Oct
35c
Feb
New
Jan
New
2,500
9c
1.00
2,100
95c
Aug
33c
31,450
24c
July
1.40
97c
Feb
58c
2,200
46c
Aug
89c
8c
8'Ac
5,000
8c
May
18c
Jan
Jan
18c
10c
9V2C
1,000
8c
ll'A
11 Va
3,330
9.50 May
4.20
4.45
3,900
2.75
2,030
15
Oct
75%
76'%
815
65
May
26
26 VB
350
25 V2
3%
3'%
20
15c
15c
1,700
12 VaC
Oct
25c
Jan
28c
30c
1,500
15c
May
37c
Jan
—
—
29c
common
Jan
47
...
-
A
Petroleum
25
20c
2.27
Bidlamaque
Hudson
Hugh
&
20'/i
paid
12
12
25
20c
20c
500
23'%
335
2.17
2.35
16,950
10,500
12%
July
Sep
2,500
74c
Oct
40c
22,600
30c
May
4iC
4%c
2,000
4
Aug
22c
35c
57,300
22c
Nov
Gold
Norzone
25c
__
Yellowknife
Nicholson
8 %c
Mines
—
32c
7,700
44%
1,875
Normetal Mining
Norpick Gold Mines
112
10
21 Vi
213'4
18
May
47c
Feb
Jan
45%
Feb
13c
July
Jan
Oct
19% July
22
Mar
North
Inca
Jan
Gold
North Star
Oil
'A
50
25
Apr
30
14
14 >4
5,796
12'%
Jan
Int'l
280
13'%
Jan
15'% Mar
7 Va
7'A
250
7'/a
Nov
25%
25%
25%
965
25%
Nov
25%
Nov
9
25
8
Sep
10 Va
9
50
8
Apr
11
Jan
Metal
class
51c
2,200
18%
50
18'%
27'A
27
O'Brien
International
8% Mar
Jellicoe
31 'A
May
17c
Jan
Oct
13c
Jan
6,800
42
1,700
25c
4c
3,000
3
1.55
1.62
6,060
20c
22c
21,100
13c
Oct
44c
10C
1,000
7c
May
16c
38c 39 '%c
17,500
24c
1,000
5c
Aug
July
Nov
5c
1.32 May
Jan
Aug
5
5
200
2.45
2.60
10,400
3Va
Jun
Kenville
6c
6c
6 Vac
3,948
6c
Oct
10'Ac
13c
52,0'00
7c
May
14%
Crush
85c
Feb
Orenada
Gold
26
Apr
Orlac
32
Nov
38'%
Feb
36c
Jun
42c
Mar
Osulake
Aug
Red
Osisko
Lake
16'%
Feb
90c
Jan
Pamour Porcupine Mines Ltd
Jan
Pandora
965
74c
36,750
1.50
100
7c
18c
44c
48c
12'%
35c
3,000
6'%c
c
2,000
2'%c
19c
38,700
2'%
Sep
July
1.35 July
14c
Sep
1.68
15c
Jan
Kirkland
53c
Page
Hershey
Tubes
Paramaque
Mines
Sep
Parbec
Feb
Paymaster Cons Mines.
5,000
5c
9c
Feb
33c
July
60c
Jun
33c
May
95c
11c
12c
10,000
Nov
6'Ac Aug
24c
24
31
35
43,200
21c
35c
50c
15,200
25c
Oct
May
^Aug
Jan
Lake
Shore
Lake
Wasa
7c
1,000
5'Ac May
15c
Jun
8c
2,000
8c
Nov
65c
Feb
90c
90c
100
84c
Jan
31'/2
32 %
270
27 '% July
1.80
1.95
29,490
9c
3,000
7c
Pioneer
41
565
14
13 %
14
1.015
9% May
2.20
2.25
3,255
1.32 May
15 Va
15 V8
25
Pressed
Jan
Preston
45
6.00
3,300
5 %c
6c
4,700
5c
Oct
61c
Aug
Feb
48c
50c
2,600
35c
May
86c
Jan
16'%
46c
2.25
32c
River
Jun
24%
July
3.40 May
Metals
East Dome-
Oct
26'% Mar
7.50
Proprietary
Mines
Mica
Purity
Flour
Quebec
Gold
Manitou
Queenston
Mines
17c
1,000
12%c
Oct
33c
Jan
Quemont
1,192
13%
Jan
16%
Jun
Quinte Milk
85c
86c
4,650
81c
Sep
1.25
Jan
Regcourt
8c
—
A
Jan
Renabie
Textiles
20
125
7c
7c
9c
18,800
6c
Oct
13c
Jan
Richmac
Gold
21C
20c
25c
20,000
20c
Nov
50c
Jan
Riverside
Silk
7'Ac
11,000
4c
May
lb%
6 'Ac
17c
Jan
17%
17%
315
Aug
21'A
Feb
Robinson
3c
3 %c
5,161
2'Ac May
4 %c
Feb
Roche
49c
49c
5,500
39c
55c
Sep
1.34
4,150
Jan
Rouyn
21c
Gold
23c
3,500
18 %
11 Vac 11'Ac
3,000
10c
72c
6,400
63c
1.75
5,600
11 Vac
Lingman Lake Gold Mines
67c
Little Long Lac Gold Mines Ltd.
Loblaw Groceterias class A
Class B
1.66
30 'A
311
4
Mines.
Mines
Feb
Roybar
Jan
Rupinuni
Jan
Russell
1.65
23c
200
10c
12c
4,500
7,150
3.30
3.55
18,835
2.50
2.65
11,852
15c
12%c
15c
9,700
1.76
1.66
1.76
8,430
9%
9%
9%
530
Class
Mines.
A
B
6'%
6'%
6'%
1,220
3.60
3.50
3.60
3,850
35c
31c
35c
2,600
1.98
2.06
18,325
2 Vac
2'%c
3,000
1.35 Aug
16c
9c
May
July
Aug
15%
16'%
2,550
13 Va May
21'%
Jan
9%
9%
247
10
Sep
15c
17c
5,900
3.00
3.00
100
8%
50
14c
14c
3.000
24c
25c
7,000
21c
Nov
47c
31
33
80
31
Nov
38
Mar
45
45'%
55
40
47
Jan
Va
8%
3.05 May
2.25 July
11c
Aug
1.30 May
9 'A
5'%
8
common.
7c
—
Gold
Mines
27c
Sep
Co
51c
12%
Feb
St Lawrence
St
Jan
San
Feb
Sannorm
Feb
Sarnia
2.25
10
Corp
Red
Lake
Gold
Magnet Consolidated
Mines.
Gold
Sep
6'%
Oct
3.95
Jan
Malartic Gold Fields
2.00
Manitoba & Eastern
—
May
1.50 May
2c
Oct
56c
Maple Leaf Milling
Marcus
Gold
38c
14 Va
14'%
365
ll'A May
4%c
14'%
Mines
5 'Ac
1.000
4'%c Aug
common
4,200
37c
38c
40c
common
McKenzle Red Lake
McMarmac
Red
Lake
For footnotes see
Apr
3,000
5c
Aug
Feb
Feb
10 Va May
12c
Feb
May
16c
Aug
Nov
58c
Feb
33,100
25c
51c
59c
22,500
30c
24%
7,855
22 V4
Apr
25
Jan
12'%
17%
120
12'%
Nov
21
Jun
45c
1.03
Jan
3,000
10c
Nov
132,050
25c
Oct
38c
120
11'%
Apr
15
July
5
103'%
Nov
106
Feb
9'A
Jan
18%
Oct
32'A May
50'%
Oct
103% 103'%
Mines
10
Ltd
136
4.70
—
Ltd
17
30
48%
49'%
275
136
139
4.65
4.80
5.986
24c
13,500
65
14
14
16
67c
21,900
21%
65c
~
Creek
Gold
2.45
Feb
Sheep
Feb
Sherrltt-Goraon
Feb
10 %c July
Breweries
Voting
Sigma
trust
Mines
Nov
1.15
117
Apr
3.25 May
140
4.80
Jun
Sep
Oct
Nov
16c
May
30c
Oct
11
May
14
Oct
22
230
48%
63c
48%
10
31c
May
21% Aug
Nov
48%
75c
Sep
25'%
Jan
50
Sep
950
14'% May
21%
Feb
Silver
225
27%
Oct
32
Feb
Silverwood
26
25'%
26
880
23%
Jan
30'A July
66'%
63%
66'%
625
54
Jan
67%
63c
65c
3,905
50o
Mines
common
1.65
Jan
Feb
1.05
1,909
2.95
3'.10
10,830
2.06
Jan
15%
16
935
12%
14%
370
12
Apr
May
15'%
Nov
8.90
8.90
100
8.75 Aug
10'A
Feb
53c
Feb
1.05
ctfs
(Quebec)
—
1.00 May
5.35
1.02
3.10
15%
14%
Gold
16
Oct
Jan
17'%
31c
30c
35c
8,420
20c
page 42.
May
15c
July
27%
65c
Gold.
McWatters Gold
6%
May
17
Preferred
Miller
Class
17 Vac
20c
4,600
47'%c May
30c
94c
Mines
Dairies
48c
135,120
12%
12%
289
11%
A
•
Western
40c
12%
11%
11%
9
99
99
10
45 %c
class
B
Silverwood
Mclntyre Porcupine Mines..
Jan
5c
20'Ac
Gold
Senator Rouyn
17Va
17%
Preferred
McColl Frontenac On
7c
Feb
14c
—
Bridge
27%
Massey-Harris
10
37c
Mines
5'Ac
147/8
3.75 Mar
Oct
14 'A
10
Paper preferred
Antonio
Sicks'
Maralgo
Jan
8'A
Sep
2.80 May
30c
12c
29c
Feb
2.20
14
Shawinigan Water & Power..
Madsen
12c
25c
80c
13c
common.
preferred
Lawrence
4.20 Mar
4.85
40
1,500
Oct
31c
—
Saguenay Power preferred
Jan
Jan
39c
Va
15c
July
13c
common
39c
A
8
8c
7c
8
32c
Mines
Industries
Class
Feb
Jan
1.20
—
28c
3.60
1.15
1.20
24c
Chibougamau
2.40
31'%
Jun
May
A
Royalite Oil
1.45 May
50c
24%
Oils
33%
2.55
Gold
1.32 Mar
Jan-
1,000
July
Royal Bank
Jun
Macfie Red Lake
MacLeod-Cockshutt
Roxana
Jan
Jun
MacDonald Mines
MacMillan Export class
Sep
28
21c
3.45
28c
34c
26%
1.60
—
Nov
Sep
May
Jan
55
64c
Mfg common
Merger
20c
Nov
45
(1936)
(Little)
250
30
23c
_.
Gold.
1.40
Sep
8%
Long Lac
378
29%
1.65
Goldfields
Gold
Yellowknife
Macassa
1.75
30%
—
Louvlcourt
Lunward
Lynx
66c
Jun
64c
7c
51
60c
A
Rochette Gold
1.30
Robertson
30
Sep
2,966
73
6 %c
Sep
Sen
15'/2
39,000
__
class
class
3 %c
1,000
Feb
1.04
—
Gold
Reno
17 '4
Lencourt Gold
Lexindin
May
8c
52
12%
1.00
Mines
Renfrew
1.16
Oct
80c
15c
Junv
1.34
2.45
1.00
...
Gold
7.25
Ltd
14
Sep
Nov
16
class
4.50
Mines,
41
1.00
.
Mining
Feb
22
Jan
90c
Mines
Sep
8c
52
64c
preferred
Gold
15%
Sep
33'/a
Jun
Sep
15
19
4.40 May
40
24
23
May
40 V2
5.85
Apr
3.25
Feb
Nov
5-90
10c
1,300
Feb
3.30
50c
17,600
Jan
3.90
2.30 May
55c
30c
May
3,987
17c
45c
25c
1.33
2.67
July
Oct
6,055
14c
2.60
7c
May
12,700
12 Va Mar
2,000
17c
5.70
Leitch Gold
Jan
36,900
11c
27c
45,050
—
29c
19c
10c
5,500
2.80
Oil
7'Ac Aug
17 V2C
14,900
700
Leduc-West
Jan
Jun
18c
550
Cand;
12c
57c
41c
6.85
Mines..
Oct
July
18c
3.75
"U"
6c
42c
39c
6.65
Secord
Jan
1.500
3.75
3.50
Larder
23'Ac
Oct
39.700
18c
6.85
Laura
Aug
Jan
Feb
7c
6c
2.65
Gold.—
3.75
Lebel Oro Mines
9c
1.99
20c
40c
16
19%
2,000
33'/2
Reef
Lamaque Gold
Lang & Sons
Cadillac
c
May
May
Jan
1.21 July
Peninsular
86c
Lapaska Mines
9%
6c
Feb
44c 5OV2C
11c
.
Gold
La Luz Mines
Lapa
c
1.18
2.26
Porcupine
2.03
15 V4
9%
18c
Porcupine
17c
Mining-
Nov
5OV2C
Pen-Rey Gold Mines
Piccadilly
15%
Mines.
95c
Porcupine
1.95
Rowan
Lake
Mines
May
Malartic
Quebec
Lake Default
July
45c
Jan
48c
Laguerre Gold Mines
81c
224,650
23
Mar
6c
Exploration.
66,700
95c
May
55c
19 Vac 21'%c
25c
Mining &
1.23
80c
13
Jan
26
20c
(John)
1.03
9:,/4C
5c
Purdy
Labatt
Labrador
Feb
Cadillac
55c
26,466
39c
2.03
Towhsite
Feb
70c
7c
Nov
24%
Gate
Lake
18 '/2c
Aug
.
July
,13,750
8c
45c
33c
15'%
Kirkland Golden
July
20c
9c
12%
9c
5,300
1.90
Petroleum
195
8,000
24c
32 V4
(Eastern)
Pacific
14%
13c 17 Vac
8c
Pacific
Jan
13%
Jan
July
21c
Pacalta Oils
Jan
63c
c
90c
Aug
37%
1.50
19c
25'/a
93c
33%
__
Jan
1.15
Mines
Mines
104%
Powell
Kirkland
Feb
13c
Oct
35c
Kerr-Addison
6
23c
Lake
Nov
12c
Gold
An:
Jan
Oct
13c
Nov
46c
35c
_
Feb
48c
10c
Apr
Gold
Mar
25 >A
Gold
Feb
1.77
1,110
3,100
32
50c
Mining
Jan
2.35 July
70c
76c
26
Kelvinator
Kelwren
Jan
2.05
40c
65c
Pickle Crow Gold Mines.
Kayrand
Jan
Jan
9
2.75
70c
102
44c
.
54
83c
1.80 May
46c
Jun
66c
60
7c
Ltd
Jan
Sep
5c
70c
525
Mines
Mines.
70c
Feb
6c
Oils
4,207
2 Vac
Mines
9'A
500
Okalta
4
18c
Quebec
Jan
2,500
Ogama-Rockland
34
Mines
Mines
Joburke
Joliet
1,600
102 102 V
Jacknife Gold
Jason
50
40c
7c
50
Jan
1.45
65c
9c
5
33%
72c
Mines
121/2 c
5 %c
2 56
Mines
13'A
Petroleum
Mountain
Jacola
32
38'%c
30
common
Feb
2.55 Mar
38c
common..
Gold
33'%
10
Co
International Uranium
Island
32
A
Nickel
Jun
26 V2
8c
5c
Omnitrans Exploration
—
Preferred
Apr
40c
Apr
9
2
International
Jan
15'% July
14
common
Preferred
Jan
12 Va
50%
(1940).
13%
—
International Coal & Coke
May
19 '/a
3c
38c
Mines
51c
Powders
Sep
13
9%c
14'A
Mining
Int'l Bronze
48
49
__
Norseman Mines
Orange
Inspiration
4'A
20C
18%
Ingersoll Machine class A.
Inglis (John > & Co
Aug
5'%c
Omega
i
Nov
27 '%
1.62
13%
2 7'A
£
preferred
Feb
77
38c
Mines
9
Preferred
Feb
22'/a
4c
49%
Malartic
Northland
4%
Jan
72c
Jan
May
115
107%
4c
18
4.80 July
43%
4c
Sep
1.82 May
1.04
30V4C
2,000
22
7'Ac
New
Nib
I7V2C May
7c
Noranda Mines
4c
Jan
35c
Norgolrl Mines
29c
Nov
97c
Sep
40
8%
Oct
July
7c
Nov
112
Imperial Bank
10
Imperial Oil
*
Imperial Tobacco of Canada ordinary_5
10
46
37c
15c
100
common
15'A
40
97c
65c
100
Erie
50
11'%
Mines
6VaC Aug
4C
Malartic
Huron
125
15'%
Gold...
24V2C Aug
44
Bay Mining & Smelting
47
15%
Marlon
5,500
32c
Howey Gold
Oct
Calumet
145,100
.
May
Sep
3 Va May
22 %
class
8c
8c
45c
15 Vj
11%
common
Negus Mines
New
2IV2 May
18'%
Lac
60c
8c
415
17'A
Mar
53c
Mines
20
76
Mines
Hosiery
Norbenite
Gold
Jan
Feb
55c
9 V2 c
Yellowknife
Hosco
10.50
43c
—
Feb
111'8
Mines
7.90 May
19 V2 Aug
140
Class B
1.45
4.20
Gold
Oil
1,700
2,900
2
Breweries
National
15c
8c
Hoiiinger Consolidated
Jan
8.50
Jun
16
—
Home
3%
Apr
57c
Highridge Mining
Highwood Sarcee
14'/2c
Oct
47/ac Mar
Newnorth
Highland-Bell
Apr
1.75
50c
Corp common
preferred
Morrison Brass
Aug
29C
13c 14 Vac
Mascot
Gold Mines—
Heva
1.00
8'Ac
97c
Gold
Hedley
94c
8c
1.00
5V2C
4,890
17 'A
Montreal Locomotive
4%
Apr
10,500
2 Va
Nov
May
4V2C Jun
7c
7c
High
J.20 Mar
19
16
—
National Steel Car
Hasaga Gold
Nov
Nov
46c
16
Porcupine
—
35c
Mines.
8c
Low
1.00
16
2%
20
Knitting
Moneta
National Grocers
Gold
Rock
Hard
125
Jun
5 Va Mar
57c
Containers
Monarch
Mosher
Swayze
900
16'A
8.45
Brick
Moore
Gypsum, Lime & Alabastine
1.00
Range Since January 1
High
1.00
Sep
18%
31 VaC
Guayana
Hamilton
Mercury
15
12'/aC 12 Vac
5
Gunnar Gold
Halliv/ell Gold
Feb
5
Low
16
Mentor Exploration
150
18
20
o
Greening Wire
Halcrow
Shares
Par
Sep
325
18
»:«
A
Paper common.
*
Class
lie
for Week
of Prices
Mining Corp
0
Lakes
High
4Gc
a
106
52 1
10%
Sales
Range
Sale Price
STOCKS—
11
105
52%
*
Grandoro Mines
Great
105
52 Va
common
Mackay class A.
Grafton
Low
High
34c
Preferred
Gordon
Week's
Last
31c
*
■Goudyear Tire
II
Friday
31 Vfec
Gocdfish Mining
MARKETS
NOVEMBER
Range Since January l
1
Mines
ENDING
Monday, November 17, 1947
for Week
of Prices
Par
Goldvue
WEEK
CHRONICLE
Sales
Week's
Friday
Sale Price
STOCKS—
FOR
FINANCIAL
Dairies
pfd_. .10
—
24'Ac
Sep
ll'A May
13% July
Jan
12
Oct
99
Nov
100
Jun
24'%
Jun
6V2
Sep
Feb
Simpson's Ltd class A
May
62c
Feb
20c
Feb
Preferred
27
27
27
225
23
23'%
505
103
101%
103
65
Class B
ll%c May
100
19% May
101V2
Nov
32%
Jan
29
Jan
106'% Mar
,;4
Volume
Number 4647
166
THE
COMMERCIAL
&. FINANCIAL
CANADIAN
RANGE
Week's
Friday
Shares
Sladen
Malartic Mines
folater
Co
(N)
Low
49c
6,915
Low
i
44c
40c
44c
28
28
28 %
Feb
Westeel
33%
Springer Sturgeon
Stadacona Mines (1944)
•
*
'20
19
19%
95
1.41
1.45
1.47
10,100
91c
May
73c
7,300
50c
May
70c
73c
17
Apr
Malartic
Mines
Oct
•
3
8
8
675
7
May
96
96
96%
75
96
Nov
Low
Range Since January
High
Low
Class
14c
common
14c
1,700
28
28%
595
25
*
26
75
34%
35 %
185
371/4
37 y4
70
28%
•
Preferred
Oct
1.48
78c
100
com
Preferred
Shares
*
Products
100
A
35
*
„
14c
Feb
9%
105
(George)
common
•
_
Preferred
27%
100
' Nov
23c
Jan
23% May
27 Va
28
102
103
29'A
Sep
23
Nov
38'A
Feb
33 Vs
Oct
36
Jan
35
30
12c
12c
3,700
__
1
High
Oct
39% Mar
Jan
Weston
Standard Chemical
for Week
Jan
Aug
Nov
West
Western Grocers
*
Sales
Range
of Prices
Par
Apr
54c
36c
68c
Nov
28
55
Southern Co
Week's
Sale Price
STOCKS—
High
43c
9,101
20
common
14
Last
Range Since January 1
High
49c
4J.
MARKETS
NOVEMBER
for Week
1
Gold
ENDING
Friday
Range
of Prices
Par
Slscoe
LISTED
WEEK
(2029)
Sales
Last
Sale Price
STOCKS—
FOR
CHRONICLE
230
26'A Sep
102
31
Feb
108
Nov
Jan
Standard
Paving
Preferred
Radio
Starratt
Olsen
Steel Co
•
A
Gold
of Canada
Steep
6
425
20
20
75
*
1
_
5
5'A
92c
5 % May
19
500
84c
90c
8,650
*
common
Rock
79'A
35
80'A
60
16c
2,000
2.20
2.20
2.32
3,070
Nov
78
15c
8
iO'/2c
10%c 12 %c
9,000
10c
July
29c
Jan
1
10 %c
IOV2C
11c
4,500
10c
Aug
21c
Apr
Preferred
Jan
River
Gold
1
Sullivan Cons Mines
2.05
2.15
2,000
19c
19c
1,000
2.20
2.15
2.20
1,650
68c
68 c
1,000
*
26'A
27
50
common
L
(Pearson)
2.15
»
Preferred
Taylor
4%c
52
52%
65
ioy2c
1
Wool
5
2.65
Combing
Wright-Hargreaves
27c
Mar
10c
Jan
1.70 May
2.85
31c
May
oy2c ioy2c
23
3.15
1,265
Ymir
Mines
Yankee
1
23c
Girl
23c
9c
York Knitting common
Theatre
Properties
Toronto Stock
Feb
26
Feb
28%
51%
Oct
54
5'A
Jun
Thurbois
Mines
6%
3.20 Mav
4.25
Jun
1.35
1.40
Jan
5%
50
4.00
4.00
4.05
2,290
1.35
1.35
1.35
400
5
5
100
48c
47c
49c
12,550
1
Tip Top Canners class A
*
19c
16c 20 %c
1.00
Tip Top Tailors
»
18
Toburn
Gold
1
70c
Tonibill
Gold
0
Nov
4
35c
Sep
5
Oct
Nov
65c
9 %
Nov
Corp
Toronto
18
18
iiO
17%
Oct
80c
4,540
68c
Nov
18c
18c
1,000
16c
13%
12 %
12%
525
11
172
172
30
170
*
General Trusts
8%
8%
8%
25
10
10
10%
175
12c
13c
3,100
70c
8,600
21
Iron
Class
Works
100
common
A
Towagmac Exploration
Transcontinental
1
Gas
Resources
•
Co
Union
Mining
United
Corp
United
Fuel
•
70c
70c
Co
Class
B
United
Upper
1
class B
class
A
12c
*
preferred
Canada
Feb
30c
2G
77
77
78
65
43
1
6%
6%
7'A
10,220
3
111%
109% 112%
820
Sep
13%
Dominion
&
Canadian
Vickers
Western
180
Oct
12
Jan
9%
Oct
12%
Feb
Canadian
30c
Feb
Consolidated
10V4c May
Ventures.
Ltd
May
1.10
Feb
Dominion
833
8c
21c
Jan
Dominion
Textile
May
18%
25
17'% May
47
47
40
42%
15'/a
17
595
21
8%
8%
2,480
2.47
2.36
2.50
13,825
Feb
5% May
Virginia Dare preferred
4,430
12c
1,000
25
Feb
International
2.65
Jan
Langley's
12
Walker
22c
iG
&
24
24
25
Nov
25%
Jan
4.70
2,602
4.20 May
4.95
Wckusko Consol
For
footnotes
26 %
26%
2,865
21% May
9%
10
275
27c 28 %C
8,600
1
see
page
Paper
2 V2
41
130
37 V* Aug
50
20%
12,205
14% May
a
1,300
4.55
27c
Nov
42c
32
32%
50
30%
Nov
37
Feb
114
65
92
Jan
114
Nov
14% May
23
Nov
23
2.70
*
22
Jun
72c
23
1,320
2.65
2.70
850
Jan
?.00
Jun
26V2
205
20
Jun
30
Feb
7,200
41
May
4u
Nov
1.90
62
59%
49
49
10
23 %
23%
23%
680
27
27
27
25
2.30
2.40
600
67%
67'A
10
100
•
Jan
25%
__
•
32c
63
63%
Oct
(
Jan
(
15% May
24%
*
Oct
26%
Nov
30
Feb
24
28 %
Pend
Oreille
1
Bros
*
7
Jun
20c
10
Southmount
Oct
Aug
Nov
50c
Invest
40c
*
Petroleum ord
Mining
*
Temiskaming
1
Consol
40c
40c
51%
51%
1.75
Sep
10c
7,500
1.10
1.10
1,000
10c
—
3.40
52% May
50
10c
—
1
Yukon
Mar
—
—
1,710
23c
Jan
47%
68
Jan
42c
Oct
July
52
May
12c
6%c May
1.05
Jan
Nov
Jan
1.45
Jan
Statement of Condition of the 12 Federal
Reserve Banks Combined
certifies daily
thousands
(In
of
dollars)
We
Increase ( + ) or
Decrease (—) Since
RATES
CERTIFIED
BY
7,
FEDERAL
1947
TO
RESERVE
BANK
NOVEMBER
13,
TO
1947,
TREASURY
INCLUSIVE
UNDER
TARIFF
ACT
OF
1930
Monetary
Unit
Rate
Value
for
In
Cable
Transfers
In
New
York
certificates
a
I
Nov. 10
Nov. 11
Nov. 12
t
Nov. 13
$
.251247*
.
$
.297733*
$
.297733*
Free
for
R.
F.
gold
.297733*
251247*
.251247*
ctf.
21,190,712
reserves
Other cash
Closed
3.210136
.022834
Brazil, cruzeiro
Day
3.210136
Industrial
+
—
3,056,744
ioo,m
S.
.022821
.022814
.054406
23
+
818
1,006
purchased
+
—
363
+
1,006
12 593
7,108,805
—269,710
+
61,000
970,500
+ 111.200
Bonds
F.
737,690
+
30,000
—
67 510
loans
from
R.
20.626
+
13,234,574
Total
1.000000
2,956,563
225,348
Notes
Due
1.000000
+
+
—
32 014
securities:
Govt,
Certificates
Canada, dollar—
1.000000
98,476
+
—
1,940
Total U. S. Govt,
Free
24
428.994
advances
loans
Acceptances
U.
3.211466
.054406
Armistice
.054406
Official
98,500
+
—
246,444
and
Bills
Australia, pound
Belgian, franc
679,542
United States Money
Nov. f!
Official
20,511,170
fund
13,
$
notes
Discounts
Argentina, peso—
1946
$
Total
Nov. 7
Nov.
1947
1947
Redemption
Buying
Nov. 5,
12,
Assets
L
Gold
Noon
and
Mar
42.
NOVEMBER
Country
Feb
20%
39
Nov.
EXCHANGE
Jan
O-t
3%
Aug
record for the week just passed:
FOREIGN
3
155
Jun
130% Mar
112
Paper
Secretary of the Treasury the buying rate for cable transfers in the different countries of the world.
a
1.75
10
2,500
41 %c
common
Ontario
61
Pursuant to the requirements of Section 522 of the Tariff Act of
1930, the Federal Reserve Bank
give below
300
143
3%
197
__
*
Foreign Exchange Rates
to the
2%
143
3%
Feb
*
W>
common
Feb
23% May
113
*
Ltd preferred
Supertest
Ltd
Jan
25%
Oct
32%
Ogilvie Flour common
Mar
4.55
*
(Hiram)
Waterous
15 '/4
Jan
20 V*
Feb
Aug
*
Amulet
Sep
21
41
Price
Waite
12%
35
*
t
10
7.25 Aug
10c
45
*
Hayes Steel
2.00 May
7.50
155
2V'a
20%
*
common
Foothills
Nov
7% May
12c
Nov
14
—
•
Dor.r.acona Paper
Oil
Feb
49'%
8%
7.35
113
67% May
Feb
17'
Apr
15 y2
12c
May
Nov
23
3%
*
Bridge
12c
7.50
7'/8
22
2%
2
Oil
10%
•
Oct
80
23
__
100
Lumber
Paper
8 % May
1
Mines
Feb
?\
13%
__
1
preferred
Westinghouse
Minnesota
Vicour
20%
__
*
common
Marconi
Canadian
Jan
Nov
1
Mines
*
*
Industries
8%
•
Canada
High
Oct
May
Nov
25
Steel
Sugar
Vinegars
Canadian
Jan
18 %
50
preferred
Low
30
Pulp & Paper com—*
Mar
1.40
410
12c
Range Since January 1
High
26
Preferred
Aug
58c
Low
26
common
9%
9%
9%
Shares
100
Columbia
Dalhousie
Union
for Week
26
Canadian
Toronto
Mar
16y2 Mar
41
Brown
Feb
10% Aug
68c
•
__i
Jun
19c
Oct
Sales
Range
of Prices
Par
Asbestos
British
600
Week's
Last
Sale Price
STOCKS—
Nov
62c
Sep
*
Elevators
30c
Nov
Canadian Funds
Canada
Toronto
May
9c
Exchange-Curb Section
Aug
May
16c
62,800
10
9%
9%
19c
13'/a
Jan
5%
•
500
Jan
7,200
350
Jan
3.40
Jan
510
5y4
*
Thompson-Lundmark Gold Mines
Aug
25%
Jan
220
1
Mines
Oil
20c
Oct
Mar
2.75
Oct
5
Gold
Canadian
23c
9%c
15%
July
2.70 May
15 V*
9c
*
Oct
101
May
19
Aug
21%
Oct
7c
115
3.10
3.15
Friday
Teck-Hughes
Texas
1,500
23
•
20c
13'A Jan
96
Feb
Sep
1.98 May
7'Ac May
3,455
99 V2
Winora Gold
62c
*
common
21 y8
96 %
Jan
May
19c
20 V2
98
Jan
Jun
17c
2,000
1
River Gold
Ltd
1,000
5%C
50c
Sylvanite Gold Mines
Tamblyn
22c
5c
1
Surf Inlet Consol Gold
Taku
22c
1
20%
83
22%c Mar
Yellorex
Sturgeon
Sudbury Contact
*
100
common
__
89%
Oct
Aug
1.75
Jan
1.06
Sep
10c
1
Wingait Gold
Winnipeg Electric
Feb
__
Feb
May
74%
80
16c
1
Iron Mines
79
80
*
Mining
8
23
Apr
5
55c
25
Preferred
Steeloy
6
*
com
class
1
Winchester Larder
Standard
Wiltsey-Coghlan Mines
Apr
and
foreign
notes
of
securities-
22,051,569
securities-
22,483,509
banks
other
.896953
.896484
.896250
Uncollected
.569800*
.569800*
.569800*
Bank
Czechoslovakia, koruna
.020060
.020060
.020060
Denmark, krone
.208635
.208635
.208635
4.028671
.008404
+
—
—
93,7 97
145,402
15,703
1.632,127
+ 157,498
95
banks
Federal Reserve notes
103,860
—
16 481
4.030390
.008405
—1,668,120
—
Deposits:
Colombia, peso
England, pound sterling
France
4.030625
Closed
4.028750
Armistice
items
2,659,037
premises
Other
assets
Total
61,255
assets
.008407
.008407
Day
India (British), rupee
.301754
.301754
.301754
Mexico, peso
.205733
205750
.205750
Netherlands, guilder
.377682
.377682
.377608
24,585,740
16.838,792
U. S. Treasurer—gen.
Foreign
acct.
1,223.521
1.000000
Closed
1.000000
1.000000
.894375
__
.893958
3.223000
Armistice
.201580
.040057
.040079
.091324
.091324
.091324
.278257
.278250
.278250
Spain, Peseta
Sweden, krona
+
646.306
179 253
availability items
liab., incl. accrued divs.
—
27,860
+
55,500
^
84,91)3
19,012,352
deposits
Other
liabilities
Day
+
75 991
+
1,132,314
2,453,896
+
147.617
+
265,184
337
f
20,030
46,072,018
.233628
4.007500
.233628
Armistice
.233628
4.007500
4.007500
Capital Accounts—
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other capital accounts
Uruguay, peso-
note
.658300*
.562040*
Day
.658300*
.562040*
.658300*
.562040*
194,030
439,823
27,455
44,794
Total liabilities & cap. accts.
Ratio
of
serves,
580.279
—
+ 383.876
+
5,413
+
1,168.813
3.224333
.201580
.039907
Closed
+ 297 124
116,52)3
+
507,003
Total
3.223000
.201595
Portugal, escudo
Switzerland, franc
+
—248.773
.893750
Norway, krone
Controlled
1.208 5*2
—
443,036
Deferred
Official
Union of South Africa, pound
42,364
acct.
Total
Newfoundland, dollar-
Zealand, pound
2.932
+ 386 442
bank—reserve
Member
Other
New
+
46,778,120
Liabilities-
(Metropolitan) franc
Free
+ 156,610
33,208
46,778,120
178
+
9,097
+
+
81,453
+
+
2.388
+ 386,442
—
+
27
50,909
i.sfe
1,208,502
gold certificate re¬
to deposit and F. R.
purchased
combined
liability on
for foreign
trial loans
to
make
0.1%
+
22
2*73
7,176
—
51
1,382
48.6Vo
5.8pr
bills
cor¬
respondents
Commitments
+
3,046
liabilities
Contingent
indus¬
!
42
(2030)
THE
COMMERCIAL & FINANCIAL CHRONICLE
Monday, November 17, 1947
OVER-THE-COUNTER MARKETS
Quotations
for
Friday,
November
14
Investing Companies
Mutual
Funds—
Securities
Aeronautical
Affiliated
Amerex
5.44
1%
3.93
1
4.30
3214
30%
10
Holding Corp
American Business Shares
3.76
4.12
Par
Automobile
2
8 %
9
Fund
Axe-Houghton
Fund
Inc
7.49
8.10
Drug
B
15.31
16.64
&
Bond
Electrical
shares
102.62
Industries
Boston Fund
4.28
4.41
4.37
6
Home Furnishings shares
4.39
Non-Ferrous
3.81
Paper shares
4.57
Canadian
Petroleum
4.44
19.63
Chemical
8.19
18.29
17.47
19.14
1
3.95
5.05
*
28.23
1
13.65
Fund
Christiana
Securities
com—100 2,960
Preferred
100
Commonwealth
Metals
Steel
shares
shares
Fund
Delaware
Dividend
4.55
7.25
7.95
1
-25.25
27.30
Mass Investors 2d Fund
1
11.35
30.35
Mutual Invest Fund Inc
10
14.77
Nation-Wide
Common
145
5.76
shares
National Investors
6.26
1
15.19
16.43
1.44
1.58
Low
Priced
Income
1
Fund
Stock Fund
24.07
Boston
Corp
Fundamental
Investors
Trust
General
Capital
General
Speculative
16.14
Industrial
1.88
30 %
2.06
32 %
5.14
5.73
2
13.61
14.92
A—2
5.75
•
42.07
5.32
10
39%
41%
Jersey Insurance of N Y
25
63
19
21
Prior
4.93
American
33 %
36
Convertible
Maryland
Automobile
4
3.22
Stocks
3.60
American Casualty
5.70
American
Equitable
6.17
6.91
American
Fidelity & Casualty_5
3.77
4.21
American
of
3.68
Series
4.16
American Re-Insurance
American
Inc—
14.70
15.76
10.00
10.96
6.47
7.08
7.76
9.66
10.59
9.04
9.91
■
5
Newark
8%
14%
16
Merchant
11
12%
Merch
2%
Reserve
9%
Chemical
10.16
10.60
11.25
&
Camden
5.27
Diversified Investment Fund
11.69
12.81
City of
X8.45
9.16
11.66
Connecticut
6.99
Diversified preferred stock
Diversified
Industry
10.64
X6.44
10.91
11.96
Electrical
Equipment
X10.06
10.90
X5.40
5.86
Insurance
X7.21
7.82
X7.32
7.94
Machinery
Merchandising
Administered
General
bond
Industrial
shares—
shares
9.57
8.02
Metals
X9.25
9.71
Oils
Investing
X7.16
7.97
Pacific
Coast Invest Fund
X6.27
6.80
Public
Utility
X7.55
8.19
X5.ll
5.55
X7.09
7.69
Steel
X2.35
2.57
Tobacco
X4.26
10.49
7.88
X7.39
Institutional bond shares
11.51
8.64
4.63
Low
Machinery shares—
shares
Price
Merchandise
Mining
shares
shares
Petroleum
Railroad
RR
——
shares
shares
Bond
Equipment shares
Railroad
Sleel
stock
shares
Utility
29
31%
2
27 %
29%
5%
New
Brunswick
10
19
21
72%
New
Hampshire Fire
10
43
45%
67%
New York Fire
18
19%
Northern
Common
10.28
11.27
General Reinsurance Corp
Gibraltar Fire & Marine
Republic Invest Fund
Russell Berg Fund Inc
Scudder, Stevens & Clark
1.65
1.70
5
22.02
23.81
Investors
Fund
Inc
Selected
Institutional
7.64
Group shares
Group shares
Insurance
76c
92c
Group shares
Stock and
Bond
8.37
84c
1.02
13.26
27.30
13.88
Keystone Custodian Funds—
Series B-l
27.64
28.90
Series B-2
23.37
25.50
Series B-3
16.26
17.75
of
Newark
17
47%
49%
28
31
2nd
50.54
50.54
1113
12.04
Hartford
1
6.42
73c
46.50
70%
73%
25
97%
•101%
10
47%
50%'
10
79
83
Pacific
Fire
Facific
Indemnity
29 %
Preferred
71
Providence-Washington
47
50
146
151
Reinsurance Corp
47
50
Republic
89 %
93 %
Revere
11%
17.82
C
5.92
20%
Si Paul Fire & Marine
26%
Seaboard
15
17
Security
39 %
41%
7 %
8 %
15
21
1
9.40
Sprgfld Fire
17.20
28.09
14.77
11.72
12.79
North
4.37
4.77
Series
5.07
5.66
7.84
of
New
York
100
Fire
Travelers
100
555
570
28%
U
S
Fidelity & Guaranty Co
2
44
46
26 %
U
S
Fire
4
47
107%
U
S
Guarantee
10
Steamboiler
Inspect_10
32
Westchester
35
Recent
Unit Type Trusts—
Arkansas
Diversified
Series
Trustee
27as__ -1977
97
98
96%
1982
99%
6.55
2.31
2.63
1977
100%
101
97%
98%
99
993/4
97%
$.1.90
Detroit Edison
1955
1
3.40
1
2.77
23/4s
Light
Duquesne
Trust Shares-
Central Hanover Bank & Trust 20
Ask
351
Trust
Bid
100
National
Power
23/4s
Lt
&
3s— -1977
160
210
263
14%
96
36%
10
41%
43%
20
10
39%
41%
14%
Exchange Bank & Trust_20
55'A
71
75
10
17
20
Public NatT Bank & Trust.
17%
Sterling
10
37
70
39
Commercial National Bank &
Trust
Co
Continental Bank & Trust
Empire Trust
Federation
Bank
&
Trust
Fiduciary Trust
First
„
National
Bank
100
100 1,250
1,470
25
Manufacturers Trust Co
50
15%
10o
57 %
New
48%
20
Morgan (J P) & Co Inc
National City Bank
York
United
States
50%
247
15%
1,520
51%
New
39%
Land
Bank
Bonds—
Bid
Ask
1,
1950-1948
100.2
100.6
1%S May 1,
l%s Jan. 1,
1952-1950
99.2
l%s
^
Oct.
97
3.70%
preferred
Pitney Bowes 4%%
Public Service
12
Trust
l%s Apr. 15, 1948
1%S Sept. 15, 1948
1953-1951
99.22
8%
100
605
102.16
102.24
.Pennsylvania Electric 23/4s^ -1976
Philadelphia El Pwr 25/aS— -1975
Service
Public
3.50
95
98
54%
50
56
preferred
1st
Co
95%
101
102
8
4%%
Toledo
Edison
27as
Co
—
99
1977
Container
Tennessee
993/4
Tucker
25
preferred
Seaboard
1977
83/4
99
(Colo)—
mtge
84
x80
97
97
100
4%%
Gas
"A"
253/4.
6
63/B
100
94
943/4
1
5
5 %
l
Transmsn
preferred
Corp
24%
"A"
Co.—
74
9%
Bates
Bid
Treasury Bills
quoted are for discount at purchase
Ask
100.2
99 30
100.2
Treasury bills—
Bid
20,
1947
b0.78
0.65%
1947
January 8,
28,
b0.80
0.72%
January
December
1961
123%
125
4, 1947
December
11,
December
December
January
b0.83
25,
2,
January
0.76%
January
0.76%
February
b0.85
0.78%
b0.85
1947
1948
0.75%
b0.84
b0.84
1947
18, 1947
1948
15,
1948
Ask
b0.86
0.81%
b0.87
Ask
Bid
November
November
Other Issues
;
■
:
100
pfd
(Indiana)—
635
99 30
"
Panama Canal 3s
f—
99 %
92
103'%
United States
99.30
2%s Feb. i, 1955-1953
98 %
1023/4
102%
90
Electric—■
97%
-1987
101 %
100
41
25
Federal Home Loan Banks-
99.10
100
Service—
97%
-1977
50
90%
39
52
102
preferred
Pennsylvania
41 %
87%
50%
Robertshaw-Fltn Controls com-1
27as
12%
48%
•
95%
—
Ask
94
pfd_100 xlOO%
preferred
Public
3.90%
102
Bid
92
:•
1976
Obligations Of Government Agencies
Federal
67%
33%
England Gas & Elec—
4%%
100
1015/a
preferred
$2 preferred
27as— -1980
Pacific Pwr & Light 3%s
Pacific Tel & Tel 3%s
52%
253
__25
Trust
National—
Title Guarantee & Trust
1,310
175
190
254
10
99
England Tel & Tel 3s_1982
Pacific Gas & Elec
100
93
_15
Chemical Bank & Trust
1977
Par
Kentucky Utilities 4%%
Ask
100
Guaranty Trust
Irving Trust
Kings County Trust
Lawyers Trust
34%
Chase National Bank
Corn
New
Par
Fulton
Grace
39%
108
50
31
2.50
Stocks—
7.50
•
Ohio Public Service 23/4s
103
Fire
64%
Birmingham Elec $4.20 pfd__100
Connecticut Light & Power—
100
Firestone Tire & Rub 2%s_ _1972
2.50
Amer
1967
Cudahy Packing 2%s
Shares-
E
City Banks & Trust Cos.
37%
100
10
Security Issues
Ask
Bid
Pow & Lt
Kentuckv Utilities 3s
336
10
Trust
32%
84
Ohio
Brooklyn
44%
30
24%
103
•Florida
Bank
42
8.59
Series 1956_,
Bankers Trust
10
10
Standard Accident
-
16.30
Independence Trust Shares
25%
26
26%
Bonds—
13.53
Bid
51%
24
80
18.79
15.16
1
25.75
23%
71
49
10
& Marine
68
10
Haven
5
9.59
1
____1
Whitehall Fund Inc
World Investment Trust
S-2
10
12%
Surety
New
6.47
Wall Street
Investing Corp
Wellington Fund
S-l
Par
20
25
15
21.94
Series
Co
5
28%
18
8.11
20.07
Series
Manhattan
4
26%
49.50
7.41
22.94
the
2
12%
19
5
32%
10
24%
5
com
30%
10
-
Fire
10
.
43/8
10
( N Y)
(Texas)
(Paul)
3%
19.48
B
21.03
of
5
21.85
Series
Series K-2
Bsnk
Accident
85c
21.19
9.69
New York
Co
81c
76c
Union Common Stock Fund B_1
Union Preferred Stock Fund—1
19.11
1
7%
12.50
7.03
10c
8.88
Fund
25
6 %
lo
Hartford
Investors
17.52
Series S-4
23%
5
10
American
2%
Series B-4
Knickerbocker
2.50
68
5
Rutgers Fire
preferred
Great
27%
5
Fire_
&
•
new
Scries K-l
Series S-3
ll3/4
River
Northeastern
10
Hanover
Series
29.67
13.57
Group shares
27.90
10%
10
Falls Fire
vGlobe
3.35
25.95
State Street Investment
Corp.*
Trusteed Industry Shares
25c
Union Bond Fund series A_
14.53
10
Invest Management Fund Ine__l
Investment Co of America
3.05
1
Standard Utilities
Securities Ltd—
Aviation
Bank
Phila
Globe & Republic
15.94
1
Amer Shares
Sovereign
of
Assn
Fireman's Fd of San iFran
Glens
5.42
10c
Incorporated
Firemen's
Franklin
14.82
5
72
20
7.61
4.47
15
69
10
8.89
20
5%
4%
10
5.33
5
Casualty
46
4%
63%
Federal
8.11
l
Amsterdam
2
69 %
•
6.94
Fund
43
5
Employees Group
Employers Reinsurance
4.86
Trading
2874
National .Liberty
National Union Fire
Phoenix
Railroad equipment
&
26%
National Fire
10
Railroad
(Geo)
(Detroit)
18%
10
Fidelity & Deposit of Md
Petroleum
Inc
Casualty
Fire
X4.99
,
Continental
Crum & Forster Inc
6.48
Putnam
6%
10
lo
Casualty
58%
10
Life
15.59
5.39
29%
28%
5%
34 %
16%
10
General
11.92
x4.ll
shares
shares
Income Foundation Fund
York
New
5.91
4.33
27%
26%
4
56 %
5
14.23
X4.96
:
5
5
Y
N
25
10.88
X3.98
shares
Tobacco
137a
31%
10.21
10.50
21 %
Assur
Mfrs Fire
National
North
shares
8i61
51%
20 %
2%
Fire
Building shares
9.32
12%
49%
5
18%
28
lo
Shippers
Chemical
7.86
1
10
common
preferred
Fire
&
16%
11.13
Corporate bond series
Fully
37
10
Eankers
6.75
stock
95
34
10
Boston
7.81
equipment
92
25
Baltimore American
X6.22
Electrical
24%
10
New
X7.20
shares
Ask
23
Massachusetts Bonding
26
10
American Surety
Automobile
Automobile
X4.85
Casualty
preferred
:5
7.09
Building supply
shares
Bid
20
America
66
10
Agricultural shares
Food
61%
5
North
American Alliance
Bank stock
Aviation shares
Par
Co of
Agricultural
5.13
Stock
Aviation
Group Securities—
Insur
7.09
Automobile
5.71
Home
44%
8.08
7.49
Agriculture
45.24
1
Corp
Investors Trust
York
80 %
42
7.31
Selected Group Series
New
Ask
77%
10
6.44
Series
Series
Low Priced Com Stock Series.
New England Fund
1
6.63
Inc
shares
6.81
Bid
10
Surety
Life
Aetna
Stock Series
26.11
Par
Aetna Casual &
Aetna Insurance
Series
15.09
10.59
1
Series
25.73
24.15
10
5
Mutual Trust Fund
First
•Fundamental
27%
60
15.18
4.45
Bond
*
Financial Industrial Fund Inc lc
First
Corp
Stock
1
Fidelity Fund Inc
26%
100
Insurance Companies
14.58
9.80
.1
National Security Series—
Bond
series
Howard—
Balanced
13.89
13.58
Securities—
Balanced
Preferred
Eaton &
preferred
12.27
25c
Shares
5%
5.01
10c
Manhattan Bond Fund Inc—
3(060
144
1
Invest
82
-
21.28
8.18
•Century Shares Trust
80%
4.89
99.71
16.92
Fund Ltd
Inv
Ask
5.04
95.72
10c
Bullock Fund Ltd
2019
4%s
•
4.20
Inc—5
Co
Bid
Commbn
4.84
4%
1
Invest
Stocks—
101%
4.82
5%
5
Inc
Street
income
101%
4.86
Mass Investors Trust
Broad
Ask
Chicago Rock Island & Pacific—
1994
Conv
4.62
4
*
Bowling Green Fund Inc
1st 4s
4.03
1
of America
Tr
Bid
and if issued)
Chicago Rock Island & Pacific—
4.19
shares
Bonds-—*
as
48.77
3.65
Equipment shares—
(When,
Ask
1
Corp
Co
Inv
3.88
Equipment
shares
General
Beneficial
•Blair
shares
Business
1
5
Shares series A__,
Bid
Keystone Custodian Funds (Cont)—
Loomis Sayles Mutual Fund
*
100.57
Loomis Sayles Second Fund—10
47.79
Managed Funds—
Associated Standard Oilstocks
Axe-Houghton
Reorganization Rails
Ask
4.95
1
Inc
Fund
Bid
Par
0.82%
0.79%
February
22,
b0.87
0.83 %
29,
1948
b0.88
0.84%
5,
1948
b0.90
0.86%
b0.92
0.88%
13,
1948
1948
Quotations For U. S. Treasury Notes
Figures after
Maturity—
♦Sept.
15,
tOct.
1,
t%s
t%s
Feb.
Ask
1948
1%% 100.4182
.4347
1% 100.0071
.0244
of
Dollar Price 109Plus
Bid
Ask
Indebtedness—
Dec.
1, 1947
t%s Jan. 1, 1948
t%s Mar.
point represent
Bid
1948.
Maturity—
Certificates
-
decimal
Int. Rate
one
or
more
32ds of
a
Maturity-
point
Dollar Price 100 Plus
Certificates of Indebtedness—
t%S Apr. 1, 1948
t%s June 1, 1948
t%S July 1, 1948 Series F___
t%s July 1, 1948 Series G
t%s July 1, 1948 Series H
Bid
Ask
100.0038
99.9792
.9900
99.9641
.9827
99.9646
99.9650
Is
Oct.
1, 1948 Series J
100.0075
.0248
100.0018
.0102
Is
Oct.
1,
100.0082
100.0027
.0255
.0113
1948 Series K
sale
(not
in year's
included
in
i When issued,
(not Included In year's
range).
range),
year's
eEx-interest.
.range),
bBid yield price,
I Flat price,
tEx-stock
d Deferred delivery sales
kRemoved to Stock
dividend.
(Un) Unlisted
Exchange.
issue.
(not
rCash sales
wdWhen
delivered.:
.9835
.0184
1948
1, 1948
1,
Odd lot
included
.9831
100.0142
100.0109
.0258
a
.0149
w
•No
dividend.
par
x
value,
Ex-dividend,
tin
default.
y
Ex-rights.
tThese bonds
_
,
are
subject to
all Federal taxes.
lEx-liquidatlng
Volume
166
Number 4647
THE
THE
Bank
with
clearings this week show
a
year
Preliminary
ago.
COURSE
increase
an
compared
figures compiled by us,
based upon telegraphic advices from the chief
cities of
the country, indicate that for the week
ended
Saturday,
Nov.
15, clearings from all 'cities of the United States
from which it is possible to obtain
weekly clearings will
be 5.3% above those for the
corresponding week last
: Our
year.
preliminary totals
stand
against $12,508,481,328 for the
this
center
of 25.3%.
there
is
at
$13,170,101,952
week
same
in
1946.
At
gain for the week ended Friday
a
COMMERCIAL & FINANCIAL
Our comparative summary for the week fol¬
lows:
BY
In
the
1947
1946
elaborate
ended Nov. 8. For
Boston-
$5,047,877,288
Kansas City
St. Louis
+
+ 33.8
427,760,663
_
547,314,608
640,000,000
349,512,666
+ 22.4
231,754,680
_
208,937,379
+ 10.9
259,200,000
San Francisco
216,400,000
+ 19.8
270,169,000
Baltimore—
189,552,032
+ 42.7
211,118,314
+ 39.0
195,212,116
.
284,136,000
293,513,462
Cleveland
145,381,123
+ 34.3
—
4.9
$9,723,355,677
$7,840,229,810
+ 24.0
2,689,996,916
2,343,402,715
+ 14.8
Other cities, five days
Total all cities, five days_
756,749,359
Total all cities for week—
Our usual
the
on
having recorded
York
2,324,848,803
following
Exchange
is
+
5.3
appended.
The
results for October and the ten months of 1947 and 1946
follow:
Description—
Stock, number of
Month of October
1947
shares
Ten Months
1946
28,634,629
1947
1946
209,647,700
30,383,870
Int'l
Bank
For
U. S.
bds._
bds._
govt.
219,000
bonds__
2d
12 cities
12
Philadelphia
St.
310,056,371
3,072,000
"
961,216,926
4
"
486,744,255
7
"
10
"
384,868,521
463,906,743
6
"
265,063,337
10
Francisco
"
732*689,418
•
112 cities
■
following:
1946
1945
1944
No. Shares
51,510,197
34,052,745
38,995,195
32,612,585
17,811,394
17,100,772
19,336,900
25,663,765
27,492,243
Quarter
No. Shares
No. Shares
66,651,580 111,266,707
99,100.023
20,619,550
31,426,715
28,270,442
13,846,590
20,615,786
32,024,018
41,310,246
District
has
to
its
credit
Month of October—
58,718,076
83,553,396
Months
125,369,656
194^820,103
July
September
3rd
Quarter
Nine
14
Philadelphia
"
an
increase
250,064,307
308,064,390
+ 31.7
176,612,641
+ 20.9
534,711,601
enlarge its totals by 20.1%, the
St. Louis Reserve District
by 25.3% and the Minneapolis
Reserve District by 34.5%.
In the Kansas City Reserve
District there is a gain of
23.8%, in the Dallas Reserve
District of 34.6%, and in the San
Francisco Reserve
District of 16.8%.
v
of
1946
16
Cleveland
"
17
S
2,547,825,017
"
2,345,984,025
31,155,509,453
3,792,644,226
3,237,775,493
1,830,914,155
2,696,389,136
3,768,051,738
1,992,716,611
Richmond
8
"
Atlanta
16
"
Chicago
2,907,553,845
31
"
St.
7
"
6,307,300,669
2,402,630,562
9th
11
2,277,119,466
"
3,595,433,318
5,252,649,596
1,917,068,337
1,502,900,657
2,283,503,440
1,691,667,959
3,079,478,641
67,965,059,068
36,011,364,670
Minneapolis
City
"
19
Louis
16
"
2,021,315,268
15
10th Kansas
11th Dallas
12th San Francisco
"
2,826,555,544
184 Cities
of
of bank
October
BANK
CLEARINGS
(000,000
omitted)
AT
Inc.
or
1945
Dec. %
1,914 ,717,269
+
6.2
29,812 947,248
+
11.8
3,062 ,471,348
2,630 976,947
+ 16.4
8.8
+
+
7.8
1,423 452,839
2,000 006,841
+
20.1
25,134,916
15,945,982
2d
64,918,607
4,115, 761,444
+ 25.3
1,445, 584,058
+ 34.5
1,198, 442,094
1,795, 235,655
+ 23.8
1,299, 385,229
2,500 ,588,328
60,786,485,118
+ 11.8
53,199,569,300
45,534,784,226
30,603,870,483
+ 17.7
24,159,436,405
22,903,971,522
+
the
ten
months
1946
1945
^
New
York_
Chicago
Boston
—
___
Philadelphia
St.
Louis—
PittsburghSan
Fran-
LEADING
CITIES
$
IN
14
Philadelphia
4th
16
"
37,318,467,271
17
Cleveland
ended
Richmond
33,662,541,145
8
"
Atlanta
16,927,225,363
16
"
7th
Chicago
25,228,147,582
31
"
8th
St. Louis
7
«'
16
"
54,510,675,293
18,681,132,547
15,171,179,418
15
"
11
"
12th San Francisco
with
««
5th
11th Dallas
17,533,817
$
1947
18,704,419,567
19
"
30,480,648,408
9th
Minneapolis
10th Kansas City
OCTOBER
1946
$
1945
Total
$
$
1944
Outside N.
Y.
_
CincinnatiKansas Cy.
Cleveland
_
Minneapolis
NCW
OCln's
30,182 29,040 22,630 296,210 303,171 271,495
232,568
2,920
2,298
2,140
29,984
26,069
22,309
21,080
1,978
1,634
1,448
18,931
17,704
15,985
14,927
4,029
3,611
2,931
2,712
35,501
32,970
28,555
27,005
1,246
1,026
799
760
10,504
9,176
7,976
7,701
1,253
1,093
986
1,060
11,245
10,619
10,931
11,132
1,773
1,675
1,419
1,291
16,006
14,911
12,858
12,115
932
828
666
620
8,255
7,585 ' 6,916
6,501
763
645
501
473
6,810
5,825
5,220
4,762
1,451
1,174
928
849
12,693 .10,478
9,052
8,359
The
2,145
1,368
1,175
912
t)56
12,170
1,396
1,029
840
677
10,242
555
568
406
409
10,260
,
8,435
'
9,583
.
6,709
9,285
6,092
1,363
1,101
1,497
4,722
14,551
12,397
3,821
14,198
421
342
16,003
301
4,465
3,811
Omaha
3,323
569
463
3,079
371
321
4,835
3,873
.,3,287
3,120
83
-75
1,046
Providefice_
113
110
;
4,555
.
955
803
3,776
733
Milwaukee-
248
213
148
144
2,230
1,933
1,587
Buffalo
368
1,546
309
268
281
3,357
2,791
2,785
2,840
St.
Paul
Denver
400
299
227
213
3,240
2,658
2,129
492
—
402
317
265
3,990
3,454
2,668
2,034
2,440
1,271
Indianapolis
225
197
142
128
2,013
1,684
1,366
Richmond-
625
605
461
406-
4,880
4,393
3,693
Memphis
617
448-
290
300
3,512
2,832
2,025
3,357
1,942
512
421
356
378
4,366
3,841
3,995
3,826
140
121
1,973
1,595
1,250
1,179
70
.66
872
,713
-687
Seattle
—
—
Salt Lake C
245
190
Hartford—
107
92
^
To. 27 Citsother Cities
Total
59,062 53,437 47,676 40,521
8,903
7,349.
5,523
5,013
.
998.
following compilation
7.5
1.8
+
1944
$
8.1
$
18,601,355,497
279,562,060,296
29,826,829,778
28,138,487,341
13,272,029,765
18,860,147,657
43,221,559,499
13,447,544,983
9,887,497,967
16,808,906,661
12,161,692,207
23,701,805,957
+13.7
+10.0
+11.6
+16.7
+16.9
+21.9
+21.6
+21.9
+12.9
17,362 790 496
240,250,019 396
28 249 709 011
27',471853',143
12,171,176 255
17 643 700202
43,359
634'486
12 841 011 251
9 098 238853
15,609'38l'89l
11 006 770 364
22,418i327|914
603,793,858,950
covers
572,399,059,^27
+
5.5
507,489,917,608
457,482,613,262
269,227,260,339
+14.2
235,994,398,450
224,914,257,651
'75,064
63,552
MONTHLY CLEARINGS
$
January
—
-
1946
Inc. 50
$
Dec. %
Total 1st Quarter
60,325,652,392
+
4.2
49,800,343,979
+
8.9
62,915,079,631
February
March
57,592,838,206
+
9.2
1947
Clearings Outside New York
■
1946
Inc. 50
$
$
Dec. %
31,303,485,434
27,176,824,239
31,216,513,455
20,715,645,414
23,154,014,919
26,591,372,184
+17.2
+ 17.4
+ 17.4
179,964,341,400
Quarter
Total 6 months
July
August
September
Total 3rd Quarter
7.3
89,696,823,128
76,461,032,517
+ 17.3
+
1.7
+
3.4
25,779,113,057
+15.4
+
7.5
29,753,982,335
30.015.420.225
29.808.360.226
26,297,777,710
26,507,504,386
+ 14.1
169,844,064,176
+
4.2
89,577,762,786
78,584,395,153
+ 14.0
+ 12.5
-
356,929,336,112
337,562,898,753
+
5.7
179,274,585,914
155,045,427,670
61,916,214,979
—
61,831,796,515
+
0.1
56,071,247,297
56,541,596,472
55,676,282,669
0.8
9.9
9.4
28,013,784,302
28,156,311,119
+
5.5
+
30,783,616,386
29,692,341,068
31,821,385,156
+
+
27,407,866,765
+ 16.1
60,912,001,494
178,899,463,770
174,049,675,656
+
2.8
92,297,342,610
511,612,574,409
+
4.7
271,571,928,524
238,623,389,856
67,965,059,068
-
+ 15.6
83,577,962,186
535,828,799,882
_
October
Total 10 Months
+
56,858,841,344
56,313,780,526
56,671,442,306
176,964,994,712
June
167,718,834,577
57,831,649,500
58,201,284,059
60,932,061,153
April
May
Total 2nd
Clearings, Total All
62,831,178,535
54,218,083,234
48,122
36,011 30,603 24,159 22,903 307,583 269,227 235,994 224,914
1947
Total 9 months
-52,257
the clearings by months since Jan.
1, 1947 and 1946.
—
Months—
528,729 508,847 455,232 409,360
all— 67,965 60,786 53,199 45,534 603,793 572,399 507,489 457,482
OUt. N.Y.C,
+
—
Ten Months
1945
3,494
514
—
or
Dec. %
31,953
1,669
—
Ten Months
Inc.
307,583,293,194
-
$
Louisville—
Detroit
24,207,709,733
184 cities
,
city
.
Baltimore
20,934,363,874
311,938,644,074
34,533,150,006
29,598,773,385
15,385,975,239
22,607,760,762
46,726,254,795
15,979,580,904
12,447,217,985
19,915,873,466
15,342,049,574
26,989,415,463
306,388,687,912
Jan. to Oct. 31
1944
$
22,513,024,711
"
in the ten months for four
years:
Ten Months
1946
6th
"35376^147
30,383,870
New York
3d
66,826,195
14 cities
1,697,873,841
23,418,988,431
2,830,948,334
2,706,816,461
1,259,161,243
1,865,932,574
4,275,303,617
1,379,114,689
998,570,814
1,605,407,007
1,154,420,705
2,342,246,510
34.6
$
Federal Reserve Districts
Boston
$
8.6
showing clearings by Federal Reserve Districts
1st
1944
$
+
+ 16.8
1947
28,219,705
Month of October
1947
Y. City
Ten Months
20,752,920
clearings at leading cities for the
and
N.
We append another table
21,714,249
181,013,071 279,672,501 267,530,924 196,261,532
course
Outside
19,977,030
October in each of the four years is shown
below.
:
328,198,161
+ 22.3
15.4%, the Richmond Reserve District of 8.8% and the
Atlanta Reserve District of 7.8%.
The Chicago Reserve
District has managed to
33,079,030,297
4,239,526,733
200,704,729 131,342,925
84,852,398
28,634,629
month
<
707,733,831
+ 21.7
7,080,015,442
t
14 cities
New York
4th
43,450,216
55,643,415
Months
The
,
458,722,083
26.0
3,505,086,153
6th
20,595,100
16,017,170
October
.
7.5
+
4,831,955,542
5th
20,807,082
25,472,787
14,153,458
August
;
300,695,675
+
+ 19.4
10,639,669,894
1947
Federal Reserve Districts
Boston
2d
68,787,721
Quarter
Six
.
8.4
17,228,380
37,712,751
101,604,706
17,482,740
30,409,809
21,716,872
2nd
.
642,096,530
533,734,337
+
+ 12.3
6.2%, in the Boston Reserve District of 8.6% and in
Philadelphia Reserve District of 11.8%.
The Cleve¬
62,555,204
April
t
+ 10.9
+ 14.7
+ 17.3
the
Total
May
June
$
5,703,095,556
27,643,038
February
5,975,053,288
298,650,672
3,690,609,350
473,809,708
441,664,879
236,510,813
340,422,555
463,726,133
238,661,284
169,089,695
229,080,024
117,090,137
380,700,192
11,873,724,183
We also furnish today a
summary of the clearings for
month of October.
For that month there was an
increase for the entire
body of clearing houses of 11.8%,
the 1947 aggregate of
clearings having been $67,965,059,068, and the 1946 aggregate $60,786,485,118.
In the New
York Reserve District the totals
record an improvement
Reserve
8.0
+
$
6,690,887,884
the
of
1944
423,983,050
13,332,038,289
Outside N. Y. City
8th
1944
23„556,803
23,757,877
March
r
605,700,315
7th
of
No. Shares
January
1st
"
11th Dallas
18,576,500
$851,845,820 $1,141,493,900
Exchange for the ten months
1947
412,984,863
17
Minneapolis
10th Kansas City
68,142,200
391,500
to 1947 is indicated in the
736,110,067
"
10
-
1945
+ 20.0
27,482,600
56,325,920
$105,990,200 $112,737,800
Stock
807,988,038
"
Louis
or
Dec. %
495,025,323
6,370,092,854
728,298,384
641,618,711
380,975,401
563,466,104
804,958,663
386,449,558
316,174,082
379,255,327
201,318,519
606,091,257
6,880,533,051
"
9 th
$764,965,300 $1,054,775,200
The volume of transactions in share
properties on the
York
"
Inc.
$
6
Total
CLEARINGS
1946
7
—
5th Richmond
6th Atlanta
Chicago
BANK
594,232,755
11
-
4th Cleveland
7th
OF
t
New York
3rd
3d
New
by Federal Reserve Districts.
1947
1st
Total
summary
Week Ended Nov. 8—
land
$95,245,600 $106,488,300
9,365,600
1,260,000
5,858,000
bds._
govt.
a
Federal Reserve Districts
1st Boston
,
Bonds—
RR. & misc. bds._
we furnish
SUMMARY
—67.5
$13,170,101,952 $12,508,481,328
Stock
increase of 7.6%. We group
an
+ 21.9
monthly detailed statement of transactions
New
city there
17.3%, the bank clearings at this
increase of
an
12th San
$12,413,352,593 $10,183,632,525
All cities, one day
8.4% and in the Atlanta Reserve District
by 7.5%. The
Chicago Reserve District records a gain of 19.4%, the
St. Louis Reserve District of
26.0% and the Minneapolis
Reserve District of 21.7%. In the Kansas
City Reserve
District the totals
register an expansion of 22.3%, in
the Dallas Reserve District of
31.7% and in the San
Francisco Reserve District of 20.9%.
increase of
an
183 in the same week in 1946. Outside of this-
was
8th
Ten cities, five days
was
12.3%, the aggregate of clearings for the whole country
having amounted to $13,332,038,289, against $11,873,724,-
8.1
270,520,669
Pittsburgh-
there
+ 25.3
591,826,200
______
that week
Cent
856,000,000
_
(including this city) the totals
8.0%, in the Boston Reserve District
20.0% and in the Philadelphia Reserve District of
10.9%. In the Cleveland Reserve District the totals are
larger by 14.7%, in the Richmond Reserve District
by
of
detailed statement, however, which
we are able to give the final
complete results for the week previous—the week
and
according to the Federal Reserve Districts in
they are located and from this it appears that in
the New York District
show an increase of
TELEGRAPH
$6,327,398,887
ChicagoPhiladelphia
which
present further below
Per
Week Ended Nov. 15—
the cities
today, in as much as the week
ends 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.
we
43
CLEARINGS
We cannot furnish them
In the
New York
BANK
(2031)
Complete and exact details for the week covered by
the foregoing will appear in our issue of next week.
center
CLEARINGS—RETURNS
OF
CHRONICLE
60,786,485,118
003,793,858,950
572,399,059,527
+ 11.8
+
5.5
36,011,364,670
30,603,870,483
307,583,293,194
269,227,260,339
+ 10.4
.
+ 13.8
+ 17.7
+ 14.2
44
THE
(2032)
We
add
now
our
&'FINANCIAL
COMMERCIAL
CHRONICLE
Monday, November 17, 1947
each city for the month of October and the week ended Nov. 8 for four
detailed statement showing the figures for
-Jan. 1 to Oct. 31-
-Month of October-
1947
First Federal
Inc. or
1947
1946
Inc. or
1947
1946
$
Clearings at—
$
Dec. %
$
$
Dec. %
$
$
Portland
22,507,480
2,145,178,620
9,989,494
Holyoke
4,380.430
Lowell
4,470,306
9,826,635
107,020,871
46,727,908
Conn.—Hartford
New Haven
11,118,000
113,189,000
6,285,431
Waterbury
R. I.—Providence
N. H.—Manchester
2,547,825,017
(14 cities)
Second Federal Reserve District—New
Binghamton
Buffalo
,.
Jamestown
New York
Rochester
51,721,728
Syracuse
10,766,934
56,175,366
3,252,634
190,489,725
226,416,928
Utica
Conn.—Stamford
J.—Montclair
Newark
Northern N. J
Oranges
33,079,030,297
(14 Cities)
Third Federal
Lancaster
3,908,879
6,126,144
Lebanon
Norristown
4,029,000,000
12,903,778
Philadelphia
Reading
22,266,378
14,890,891
18,848,674
1,571,528
6,486,914
Scranton
Wilkes-Barre
York
Du Bois
Hazleton
Del.—Wilmington
J.—Trenton
^
(16 Cities)
Fourth Federal Reserve
1944
$
33,526,295
15.9
32,231,853
28,740,240
+
12.1
1,008,837
U~43,059
9.2
76,544,531
2.6
2,000,803
2,016,823
290,630,968
74,577,443
259,479,254
+
6.4
+
12.0
8,290,839
7,926,584
8.0
207,350,293
188,144,625
+ 10.2
5,949,797
+ 15.7
872,370,811
+ 14.5
26,470,221
+ 13.6
998,547,770
402,358,497
4,434,849
19,486,181
370,396,633
+
8.6
11,014,994
8,908,997
+
7.0
105,149,600
96,546,700
+
2.7
1,046,146,600
955,959,200
+
9.4
26,177",300
+ 31.7
55,998,847
45,845,003
+
22.1
8.6
22,513,024,711
20,934,363,874
+
7.5
18,183,484
4.6
+
1,044,921
+
675,429
6.4
3,682,632
2,663,763
+ 20.0
363,645,572
257,735,759
6.4
1,489,015
880,562
"—11.7
533,842
"~3~i5~,123
+
8.9
+
+
—
0.8
1,352,215
+
4.6
6,062,057
3,690,597
+ 34.2
3,664,479
2,350,946
+ 35.8
15,876,572
11,279,753
+ 23.6
6,625,784
4,528,064
21,654,300
+ 20.9
19,163,000
1,371,699
1,722,294
—20.4
842,961
12,889,300
481,092
594,232,r. 55
495,025,323
+ 20.0
423,983,050
298,650,672
16,117,386
2,731,673
62,823,206
1,303,825
1,528,544
+ 12.8
1,160,279
765 677,860
85,046,901
+ 16.7
+ 26.0
115 ,148,806
99 ,171,797
+ 16.1
2,900,775
+ 19.0
3,357, 352,937
62, 439,239
2,791 934,406
+ 20.3
53, 863,975
+ 15.9
83,551,501
1,544,155
1,664,835
6,641,150,405
8.4
+
6,540,038
7,294,311
30,182,614,635
74,380,213
44,215,534
9,211,835
52,600,859
988, 080,162
+ 29.0
+ 12.0
76, 802,969
64, 151,898
5.9
+ 10.8
296,210 565,756
738, 096,765
303,171, 799,188
667, 991,624
+ 17.0
466 756,213
392, 566,697
+ 18.9
+ 16.9
92 829,138
77 ,388,011
6.8
463 132.413
419 147,154
+
3.2
28 251,756
+
+ 12.8
1,664 630,053
+ 16.1
+ 19.9
3,151,819
168,852,510
194,992,032
6,411,108
27, 664,564
1,463, 109,225
2,057, 199,291
67 402.414
1,886, 469,237
57, 708,438
6.2
306,388,687,912
311,938,644,074
+
31,155,509,453
+ 19.7
2.3
—
17,894,131
11,533,824
6,170,628,627
16,130,117
10,655,155
+ 10.5
10,~694~962
10,868~981
2.1
+ 10.5
+
3,381,318
1,983,211
1,365,070
50,662,073
39,460,000
+ 18.4
898,546
834,896
+ 20.0
+
16,344,358
6.2
+ 33.0
+
+
8.9
1,509,882
+
7.6
5,807,714,352
721,686
3,574,929,289
+ 10.9
14,469,678
8,623,854
8.2
6,732,169
4,649,175
—~ 1.6
8j70~385
6,94i~489
+
914,546
931,807
1.9
571,553
+ 13.8
44,374,494
35,669,310
+ 24.4
9.0
28,593,741
323,525
20,168,006
46,125,939
40,704,223
+ 13.3
37,203,340
29,211,042
6,880,533,051
6,370,092,854
8.0
5,975,053,288
3,690,609,350
+
—
+ 16.8
1.8
—
+
.
6.0
49,994,000
41,986,860
+ 19.1
1,524,973
1,206,075
+ 26.4
829,336
0.8
39,785,902
38,478,513
+
3.4
1,038,559
808,786
+ 28.4
695,990
662,182
+ 26.8
46,379,146
36,165,765
+ 28.2
1,006,584
841,362
+ 19.6
660,340
561,505
+ 15.3
200,438,032
178,419,145
+
+ 11.4
131,906,421
3~1~4T,743
2,868,847
~+~~9~5
i,9~3~5~409
1,3~99~407
770,000,000
698,000,000
2,307,507
4,111,156
+ 10.3
619,000,000
462,000,000
+ 29.1
1,878,628
957,773
+ 14.8
3,293,866
2,477,979
2,157,274
+ 17.5
1,885,014
1,213,898
3,407,737
+ 13.9
2,077,334
1,459,859
—
—
12.3
38,138,289
111,884,153
34,325,252
+ 17.9
0.4
+ 26.8
54,938,105
42,115,355
+ 30.4
+ 11.6
35,501,000,000
32,970,000,000
—
+ 11.1
+
7.7
+ 14.5
119,403,820
102,866,002
+ 16.1
2,979,230
+ 22.2
192,562,413
+ 12.3
4,718,572
+
49.7
101,074,968
171,475,553
85,024,672
18.9
+
21-1
169,341,296
2,534,252
3,881,289
+
+
110,859,256
+ 52.8
7.0
13,841,607
11,810,631
+ 17.2
+ 18.3
52,374,104
47,987,378
+
9.1
+ 16.0
320,919,243
293,803,471
+
9.2
9,149,470
7,734,741
+ 18.3
7.0
5,520,695
286,369,925
255,948,000
+ 11.9
8,013,366
4,854,899
+ 65.1
4,319,918
2,~49~3~700
+ 11.8
37,318,467,271
34,533,150,006
8.1
807,988,038
728,298,384
+ 10.9
642,096,530
473,809,703
+
+
......
24,528,321
Cleveland
Columbus
Hamilton
Lorain
Mansfield
Toledo
Pa.—Beaver County
Greensburg
Pittsburgh
Erie
+ 16.7
3,974,113
5,825, 971,066
+ 16.9
159,709,083
139,547,043
+ 14.4
106,308,907
3,240,792
80,370,294
12,170, 912,279
10,260, 600,107
+ 18.6
281,438,200
241,086,412
+ 16.7
188,529,449
158,760,593
29,220,900
24,989,200
+ 16.9
17,284,500
12,582,200
276, 893,083
+ 30.6
1,115 430,100
934 646,700
+ 19.3
+ 16.0
62 103,424
47 739,753
+ 30.1
+ 19.2
39 120,627
30 941,385
+ 26.4
+ 16.3
172 722,350
141 153,966
+ 22.4
3,328,081
3,597,591
7.5
2,820,191
—12.1
251 779,118
222 225,898
2,373,303
29,118,893
+ 13.3
5,661,831
7,387,851
—23.4
4,195,674
+ 27.3
168 ,667,627
134 ,360,037
3,838,721
15,135.342
+ 25.5
57,231,038
+
17.1
602 ,927,512
514 ,638,375
+ 17.2
250,359,640
219,531,605
+ 14.0
210,621,503
180,498,971
736,110,067
641,618,711
+ 14.7
533,734,337
441,664,879
23 ,791,135
19 ,057,160
+ 18.1
15 778,475
14.7
11,245 670,733
13 ,590,222
10,619 622,779
17,583,275
19,881,225
+ 18.6
187 992,164
158 288,731
187 833,117
168 945,474
—
+ 18.8
5.2
+ 11.2
+ 16.4
+
2,033,828
1,613,432
+
1,093,464,391
30.6
+
+ 24.3
+ 16.1
+
5.9
12,962,828
+ 22.4
166 163,966
142 ,746,794
17,725,706
16,642,821
+
6.5
163 841,493
141 ,678,606
+ 15.6
3,768,051,738
3,237,775,493
+-16.4
33,662,541,145
29,598,773,385
+ 13.7
15,866,765
cities)
5,478,609
3,731,381
16,208,747
20,915,076
Ky.—Lexington
W. Va.—Wheeling
6,392,332
6,195,396
20,845,977
Oil City
+ 24.4
6,810, 913,937
16.4
+
100,689,600
19,267,017
66,998,651
2.655,883
1,905,651
1,253,950,385
Newark
222, 566,332
+ 13.3
1,175,013,439
25,589,431
Youngstown
+ 16.1
645,741,536
28,474,520
763,772,757
1,368,101,815
131,504,300
7,183,805
4,447,652
18,846,347
Cincinnati
Federal Reserve
583,405
District—Cleveland-
Ohio—Canton
District—Richmond—
10,231,058
Va.—Norfolk
Richmond
S. C.—Charleston
Columbia
+ 22.4
42,574,000
12,527,458
51,689,000
625,185,575
15,456.502
29,214,006
932,600,998
4,563,047
W. Va.—Huntington
+ 21.4
433,569,000
354,685,000
+
22.2
10,612,000
9,929,000
+
3.2
4,880,615,887
4,393,9)2,025
+
11.1
121,278,074
123,896,455
+
6.6
123,297,681
+
+
3.3
255,308,374
229,426,431
+ 11.3
+ 12.6
7,585,106,453
605,967.868
14,504,270
23,287,791
828,330,839
105,927,138
92,378,159
135,477,175
+ 14.7
9.9
2,980,213
2,330,198
g># c.—Washington
•
2,891,662
+ 22.0
2,444,428
+ 15.2
146,736,641
109,037,713
+
9.1
51,220,456
(8 Cities)
31,612,167
+
8.4
300,695,675
236,510,813
Federal Reserve District-
+ 25.5
+
8.1
2,820,209,417
2,575,290,770
+
9.5
74,233,537
68.027,622
1,830,914,155
+
8.8
16,927,225,363
15,385,975,239
+
10.0
412,984,863^
380,975,401
31,878,720
+ 27.2
-Atlanta—
564 ,463,015
65,707,005
Nashville
57,810,653
+ 13.7
664,127,216
15.427,461
12,639,665
310,277,462
Tenn.—Knoxville
274,159,358
+ 13.2
2,633,620,994
2,151 247,643
+ 22.4
63,210,348
931,300,000
17,899,304
+
9.7
8,842,500,000
7,913 000,000
+
11.7
213,300,000
56,952,141
200,400,000
+
10.1
1,021,900,000
Pa .—Atlanta
Augusta
+ 17.7
165,159,546
147 919,506
+ 11.7
4,074,314
4,252,248
3.0
160,924,061
133 515,028
14.6
130,676,021
111 172,792
+ 17.5
3,051+271
2,919.346
+
7.0
3,178,660,545
2,918 015,015
3.9
70,710,231
66,823,370
22,306,637
396,484,318
+
7.6
225,017,770
203 585,141
446,826,060
+
12.7
3,552,518,319
3,104 735,172
14.4
8+701" 2 40
28,837,913
25,145.224
+
14.7
264,865,660
224 744,972
+ 17.9
7,065,709
18.457,390
16,502.594
+ 11.8
141,212,060
114 901,974
—
15,565,000
+ 11.0
155,570,000
144 ,515,000
+
15,041,446
320,788,696
23,996,279
Tampa
Ala.—Birmingham
Mobile
Montgomery
Miss.—Hattiesburg-
11,434,758
+
43,552,033
30,749,334
8.9
168,200,000
124,600.000
2,434,028
4.2
2,891,153
"+""478
2,5057513
1,622,581
5.8
53,582,465
37,064,515
80,254,780
"+11.8
73772+371
54,966,932
6,045,149
+ 16.9
4,604,953
4,465,837
+ 34.4
—
+
+ 10.5
+
10,298,367
+ 11.0
+ 22.9
17,284,000
Fla.—Jacksonville
—
19,193,128
13,120,736
299,806,893
18,612,702
Macon
+ 22.1
+
+ 20.5
+
19,704,166
Columbus
6,004,000
90.682,066
173,900,464
297,382,096
3,636,233
£85,415
7,702,000
2.1
3,527,448
321,480,025
8.8
1,910,084
6.9
200,353,591
8,255,584,691
40,533,681
+
+ 27.9
+
—
87,124,005
1,747,503
1,992,716,611
Md.—Baltimore
Frederick
Sixth
38,862,436
+
+
3,792,644,226
22,765,393
15,057,083
Harrisburg
Total
1.5
+
4,239,526,733
Chester
Fifth
419,227,982
2,451,325
1,830,386
4,222,543
+
36,502,187
34,413,834
4,616,489
4,885,796
(17
2,607,521
+ 13.8
5,617,580
4,654,068
3,852,020
19,742,365
13,521,771
3,923,464
4,831,394
3,611,000,000
11,265.219
18,214,972
9,947,152
15,488,880
1,468,104
5,483,415
31,458,822
32,175,000
5,282,765
Bethlehem
Total
$
Reserve District—Philadelphia—
F*.—Altoona
Total
502,934,241
10,354,845
309,842,813
7,688,342
1
Total
1945
York—
7,08G,384
8,172,286
31,953,694,398
82,410,046
Elmira
6.9
+ 13.8
—
2,345,984,025
99,248.206
13,048,503
368,858,757
N. Y.—Albany
+
64,717,609
+ 10.7
4,771,799
24,546,784
Worcester
17,704,738,233
73,641,509
64,889,768
92,487,458
41,130,872
10,387,100
110,211,600
33,739,806
Springfield
4.3
18,931,742,583
71,857,014
181,962,210
+
8,998,261
31,700,646
22,726,421
New Bedford
+
8,4
+ 12.3
3,927,979
.
174,432,060
1,914,541
4.491,962
+ 11.8
1,978,245,630
8,935,753
4,448,652
Fall River
N.
+ 10.9
7,973,415
20,038,439
8.844,252
Mass.—Boston
If.
lnc. or
Dec. %
Reserve District—Boston—
Me.-—Bangor
Total
years:
-Week Ended November 8-
1946
7.7
35,633,807
30,384,327
+ 17.3
319,312,193
254 335,859
Meridian
6,827,808
6,323,526
+
8.0
54,727,151
50 934,781
+
Vicksburg
2,615,950
1,807,140
+
44.3'
17,065,313
14 710,742
+ 16.0
597,218
444,266
461,357
2.4
4,722,190,733
4,555 ,964,122
321,354
555,043,161
568,580,298
3.6
133,555,473
132,735,139
+
0.6
97,766,675
73,899,607
2,907,553,845
2,696,389,136
7.8
25,228,147,582
22,607,760,762
+ 11.6
605,700,315
563,466,104
+
7.5
458,722,083
340,422,555
1,469,258
1,129,346
+ 30.1
709,312
468,840
Jackson
Orleans
La.—New
(16 cities)
Total
—
Seventh Federal Reserve
—
+
64,420,214
47,467,858
+ 35.7
1,363.757,405
+ 22.4
14,551,190,096
12,397,902,692
+ 17.4
14,212,851
+ 36.5
154,914,346
128,298,326
+ 20.1
394,876,325
7,096,415
Grand Rapids
Jackson
Lansing
Muskegon
Bay City
Ind.—Ft. Wayne
+ 52.3
6,146,312
9,363.357
Flint
+ 13.7
333,993,642
+ 18.2
9.3
59,310,080
51,976,023
+ 24.5
247,727.592
197,625,703
+ 25.4
9,124,847
+ 22.7
99,486,327
+ 18.0
61,860,393
82,340,971
53,458,196
38,231,718
+
5,765,530
6,354,660
3,990,880
57798,786
+2T77224
2,35+221
+ 15.7
218,846,676
414,411,923
5,646,350
5796+573
+ 23.4
332,325,052
+ 24.7
14.2
2,013,844,991
1,684,367,267
+ 19.6
487762,000
45,845,000
+ 27.6
227,683,713
178,149,742
+ 27.8
5,375,497
54,018,716
15,698,773
+ 20.9
549,988,013
486,429,109
+ 13.1
13,958,628
+ 17.4
140,788,182
+ 15.5
248,290,899
4,738,748
213,159,972
3,535,159
+ 16.5
162,637,773
2,230,781,061
5+405",145
4578~8~2",597
7,269,854
6,275,134
1,174,049
26,171,764
49,604,827
Haute
Wis.—Madison
18,427,073
+ 27.7
20,498,272
197,589,034
Milwaukee
Oshkosh
Sheboygan
Watertown
.
Manitowoc
-
Rapids
Moines
Sioux City
Ames
-
HI.—Aurora
Bloomington
Chicago
—
Decatur
Peoria
Rockford
Springfield
Sterling
Total
7,828,719
5766+146
+ 20.8
6,014,603
107433~,566
+ 14.1
22,257,822
225,624,390
26,606,326
65,312,838
Gary
Indianapolis
South Bend
Des
7.4
1,669.293.440
19,401,275
43,482,039
6,302,159
27,714,315
11,199,860
Detroit
Iowa—Cedar
+
District—Chicago—
Mich.—Ann Arbor
Terre
'
+ 25.5
(31 cities)
1,336,349
3,293,087
17,724,859
129,149,361
64,788,547
2,303,232
5,757,596
4,966,583
3,494,994,926
26,040,164
49,814,063
20,779,703
40,208,886
20,851.548
+
*
175,803,181
+ 24.5
39,182,472
1,933,629,817
31,041,089
+ 15.4
+ 34.0
15.9
68,507,964
60,272,793
+13.8
+65+023
2,524,939
8.7
37740+000
22790+000
4,248,975
+ 26.5
12,156,491
+14.8
3,542,144
11,363,317
7,962,147
"+3275
3775337313
26790+722
+
3,887,976
+ 13.7
+
+ 13.8
+ 26.2
12,334,866
10,628,653
7.5
31,355,069
14,751,781
+ 20.2
151,901,178
27,502,872
122,905,119
+ 23.6
+ 17.9
2,482,408
1,159,399,238
918,532,455
+ 26.2
3,861,130
32,098,736
3,933,992
109,541,788
26,778,654
+ 31.6
566,263,597
13,653,172
1,901,399
12,428,018
11,894,271
1,802,924
+ 27.7
18,121,390
421,649,901
15,420,476
+ 34.3
19,090,541
49,215,249
8,360,373
5,796,259
5,130,571
+ 12.2
+ 19.4
+
53,881,543
48,500,812
45,139,745
4,875,704
37,723,895
+ 23.3
1,198,063
995,362
+ 20.4
3,063,534
*
2,920,685,841
27,001,337
18,615,106
1,837,514
43,240,611
17,680,723
15,549,339
1,589,563
6,307,300,669
5,252,649,596
+
1.9
+
16.1
+ 14.0
+17.5
29,984,818,754
134,749,301
26,069,897,427
+ 15.0
769,478
735,988,519
781,813
615,192,168
[+19.6
3.6
113,731,431
+ 18.5
653,141,014
433,360,497
348,825,462
+ 24.2
3,702,735
12,800,930
4,215,356
9,732,885
—12.2
+ 15.2
357,452,885
3,463,212
+ 17.5
197,920,347
144,582,579
151,591,824
113,552,068
+ 30.6
3,813,743
3,386,308
3,673,442
3,692,146
961,216,926
804,958,663
+ 19.7
—
+ 19.7
+ 27.3
+ 15.6
15,816,163
13,283,824
54,510,675,293
46,726,254,795
+ 16.7
3.8
—
8.3
4,222,311
7,014,238
1,781,262
2,103,322
.+19.4
.707,733,831
463,726,133
+ 31.5
+ 19.1
+ 20.1
!+
4,852,045
8,287,774
2,748,894
Volume
166
Number 4647
THE
COMMERCIAL
-Month of October-
Clearings at—
&
FINANCIAL CHRONICLE
(2033)
-Jan. 1 to Oct. 31•
1947
1946
Inc. or
1947
$
$
Dec. %
»
1946"
Inc.
$
or
1947
Dec. %
Week Ended November 7
1946
Inc.
*
or
1945
Dec. %
1944
$
»
Eighth Federal Reserve District—St. Louis—
Mo.—St.
Louis
1,246,633,672
10,427,933
Cape Girardeau
Independence
Ninth
2,832,857,069
+
24.0
14,289,243
JL0,915,099
+ 30.9
+ 23.6
78,312,243
56,611,932
+ 38.3
2,4~30~131
1~632~920
+ 48.8
ue'oTo'o
178+003
15,979,580,904
+ 16.9
486,744,255
386,449,558
+ 26.0
328,198,161
238,661,284
3.1
+ 21.2
7,057,595
173,792,844
5,973,885
118,478,122
+ 22.1
53r393~823
33,~644,266
1,'917,068,337
+ 25.3
18,681,132,547
30 ,143,337
+ 12.4
258.716.211
234, 507,829
+ 10.3
+ 35.7
10.242,247,806
8,855,968
8,435, 783,442
8,590,798
+ 21.4
4 ,470,026
+ 20.3
43,931,151
267,550,786
39, 571,646
+ 11.0
220,778,422
299 ,050,022
+ 34.0
3,240,901,383
2,658, 410,559
+ 21.9
82~335,533
67^4257(349
87268,003
57447,313
"+57.8
4764*7,271
2777,096
37402,989
27884/329
"+18.0
17969,377
l737l",636
47474,341
5739(7,692
"+32.0
2/7717863
1,665,869
97980,901
77657,179
"+70.3
67457,534
57662,821
384,868,521
316,174,082
+ 21.7
250,064,307
169,089,695
4,269,657
3 436,992
+ 24.2
36,243,393
29, 446,038
1,183,017
1 008,733
+ 23.1
+ 17.3
39,636,591
26 ,022,284
9,366,213
258,292,598
7, 741,362
196, 400,703
3 ,725,000
4,794,000
+ 28.7
37,124,000
30, 934,000
+ 20.0
4 ,255,502
+ 46.6
41,560,713
31, 576,787
+ 29.5
138,955,518
103, 254,763
+ 34.6
+ 34.0
224,248,661
23,850,259
17 ,796,776
2
3,164,159
167, 217,842
+ 34.1
203,622
+ 43.6
28,505,991
20,027,671
15,588,729
15 588,225
20, 093,087
+ 41.9
+ 28.5
133,487,458
104, 835,389
+ 27.3
12,,285,933
+ 26.9
114,423,350
85, 789,597
45,909,109
+ 33.4
38, 655,811
+ 18.8
348.502.212
292, 071,653
2,855,842
1 760,860
+ 19.3
+ 62.2
14,672,760
9 ,583,288
+ 53.1
2,021,315,268
1,502,900,657
+ 34.5
15,171,179,418
12,447,217,985
+ 21.9
Falls
„
(16 cities)
Federal
,
+ 31.6
13, 474,689
Reserve District—Kansas
City
2,362,970
1,655,024
+ 42.8
18,139,975
12,943,886
+ 40.1
307295,733
24,452,414
+ 23.9
474,035
♦550,000
220, 436,334
477,950
569,845,640
274,427,586
+ 24.5
463,939,481
+ 22.8
6,377,930
4,835,028,734
22,986,438
3,873, 604,445
5,815,687
+ 24.8
124,944,762
98,149,233
Kans.—Manhattan.
2,503.171
525,803
9.8
455.030
219,475
+ 15.1
3,414,075
+ 27.3
367.031
4,971,408
82,163,640
62,368,366
2,870,305
—
9.7
+
263,415
2,043,068
+ 22.5
1,817,892
17 523,805
+ 31/2
1,384,928
+ 31.3
13,969,746
30,884,753
11 549,989
24,827,789
+ 21.0
+ 24.4
265,816,589
211 413,391
+ 25.7
37,508,552
+ 44.7
7,250,968
372, 826,000
5,447,566
+ 33.1
+ 24.4
3,787,849
11,837,617
9,329,810
+ 26.9
6,823,775
6,363,957
'
Parsons
Topeka
Wichita
54,292,429
Mo.—Joplin
463,880,196
6,351,528
1.3
60,259,301
57, 232,873
1,174,932,483
+ 23.5
12,693,689,071
51,147,715
City
Joseph
6,268,800
1,451,249,225
Kansas
10,478 962,909
+ 21.1
40,344,287
+ 26.8
441,941,823
319 908,483
297733,545
247r212~943
+ 38.1
"+2~(X2
11,609,809
199,9277164
146,~2947796
9,554,664
+ 21.5
6,800,353
5,556,140
Carthage
+
5.3
+
1,332,569
1,237,051
7.7
14,600,294
116,516,411
12, 588,952
+ 16.0
88,628,414
+ 31.5
967,988,317
7,971,782
Okla.—Tuisa
742 ,162,877
+ 30.4
6,981,568
+ 14.2
76,599,366
69 ,685,285
Colo.—Colorado Springs.
Denver
+
9.9
+
492,433.142
Total
(15 cities)
Eleventh
Federal
402,909,599
+ 22.2
3,990,640,809
1,935,878
3,454 015,253
1,523,915
+ 27.0
+ 15.5
1,384,664
855,400
7,550,584
Pueblo
6,389,982
+18/2
67,748,488
61 ,018,984
+ 11.0
1~892,199
1/217*756
"+55.4
17383,476
~~8~7~4~,095
24,207,709,733
19,915,873,466
+ 21.6
463,906,743
379,255,327
+ 22.3
308,064,390
229,080,024
2,826,555,544
2,283,503,440
+ 23.8
Reserve District—Dallas—
Texas—Austin,.
28,988,822
+ 11.4
11,565,504
+ 34.5
131,729,407
99,115,395
+ 32.9
733,753,767
+ 44.3
8,578,382,733
7,052,477,824
74,535,426
+ 21.6
+ 22.5
750,158,356
_
DallasPaso
623,017,084
+ 20.4
+ 24.8
1,031,592,566
211,524,000
820,885,296
177/247,000
+ 25.7
+ 28.7
27/135,323
26/762",764
"+3L1
+ 19.3
19~3~4~6~,837
7,168,222,607
5,908,000
12/103^685
+ 29.1
5,849,771,100
4,664,000
+ 26.7
+ 22.5
3,541,000
2,200,000
4,719,448
+ 10.7
53,413,455
43,685,189
11,349,483
+
+ 32.7
119,330,579
97,568,663
4,722,659
+ 22.3
+ 16.4
37207,716
27588,376
"+*23.9
+ 20.5
2,378,744
1~3~03,110
+ 17.0
41,528,778
346,810,469
34,473,065
36,915,053
300,853,603
+ 15.3
97740,171
87788,877
"T1O.8
67l37,200
5*129,671
18,704,419,567
15,342,049,574
+ 21.9
265,063,337
201,318,519
+ 31.7
176,612,641
117,090,137
+ 18.0
84,584,042
8.9
3,546,686
63,792,542
2,260,031
15,057,417
(11
cities)
2,277,119,466
Federal Reserve District—San
1,691,667,959
+ 34.6
6,340,310
Portland
14,605,868
+ 39.4
6,655,000
660,542.882
^da.—Boise-.
Ore.—Eugene
5,996,530
20,204,146
8,652,000
-
421,353,127
19,592.655
20,363,458
Yakima
5.7
+
54,338,411
4,366,390,692
165,458,268
3,841,503,432
155,106,531
+
6.7
168,478,598
81,282,000
132,567,669
60,317,000
+
27.1
+ 30.0
4,614,067,832
3,594,433,873
+ 21.6
3.0
—
50,965,914
Ariz.—Phoenix
419,006,877
+ 57.6
12,274,536
+ 20.9
102,740,975
88,061,468
+ 28.3
1,973,451,559
557,864,194
1,595,652,100
+ 23.7
474,038,578
+
21,126,717
23,653,593
+ 39.4
42,531,682
41,461,286
+
19,440,905
22,010,564
33,174,140
30,915,024
9,424,854
9,616,331
29,441,781
Modesto
Pasadena
Riverside
Francisco
1,773,922,580
Jose
4.9
155,878,677
(184
Outside New York
+
160,711,207
315,320,956
144,463,355
+
7.3
2.0
—
+
5.9
—
2.1
37,945,439
+
3,079,478,641
7.7
000
269,227,260,339
the
following
principal
$154,000,000 in com¬
mercial, industrial, and agricultural loans, decreases of
$210,000,000 in holdings of United States Government
obligations and $319,000,000 in demand deposits ad¬
justed, and an increase of $341,000,000 in demand de¬
posits credited to domestic banks.'
Commercial,
industrial,
Dallas
purchasing
nearly
all
District.
A
or
carrying
Government
securities
and
other
decreased
dealers
than
deposits
adjusted
$31,000,000
in
the
$299,000,000 in
District,
Philadelphia
District,
and
$51,000,000 in the San Francisco District. United
deposits credited to domestic banks increased in
all districts.
Borrowings decreased $60,000,000 in the Chicago Dis¬
trict, $19,000,000 in the San Francisco District, $17,000,-
and
606,091,257
+ 20.9
534,711,601
380,700,192
11,873,724,183
+ 12.3
10,639,669,894
7,080,015,442
6,690,887,884
5,703,095,556
+ 17.3
4,831,955,542
3,505,086,153
$91,000,000
at
all
$21,000,000 in
S.
Inc. (+) or
and
and
for
obligations
S.
124
—
1,143
+
122
+
3,803
+
154
+
3,059
7
—
500
—
102
—
9
474
—
486
—
6
10
—
515
+•
8
+
15
+
993
246
+
59
+
12
3,325
notes
bonds
19
+
755
—
52
+
200
3,924
—
108
—
3,157
2,349
indebtedness
+
717
bills
—
69
—
2,615
+
19
+
36
+
Federal
Reserve
Banks
822
Bush
banks
2,402
120
+
—
42
+
12
+
50
+
98
+
Liabilities-
U.
S.
deposits adjusted
deposits, except Govt
Government deposits
47,452
Debits
to
demand
interbank
and
during week
—
319
10
+
+
1,174
+
123
—
10,005
Interbank demand deposits:
Domestic banks
Foreign banks
Borrowings
—
14,531
-
+
341
+
1,391
S.
accounts
Govt,
—
23
—
91
—
179
+
277
deposit
652
4
77
except
accounts,
20,331
J
..
Page
Dec
31
17
Dec
1
*
Dec
1
•
Chicago & St. Louis Ry.—
1st mtge. collat. trust mtge. bonds Nov
de Tarapaca y Antofagasta—
20
6 7o
debs,
Terminal
Buildings Co., 1st mtge.
Sugar Co., preferred stock
Cleveland,
clue
1965
1469
*
Cincinnati,
St. Louis Division
Compania
Salitrera
bds., due
Non-interest
bearing bonds, series A to
Curtiss-Wright Corp., class A stock
N,
1st mtge. inc.
Philadelphia Transportation Co.—
Consol mortgage 3% -6% bonds, series
1960
inclusive_Nov 20
Dec
1887
3
♦
6s, due 1949 Nov 19
National Sash Weight Corp.
1893
A,
due
2039
Dec
15
■
•
PARTIAL REDEMPTION
Company and Issue—
Algoma Central Terminals.
1st mtge. 5% deb. stock
Ltd.—
3 V2 %
Date
and
bonds
due
1959
Page
Dec
31
1349
Nov
26
1785
Corp., collateral trust 4s, due 1956
Dec
1
Gerrard (S. A.) Co., preferred stock
Nov 29
Hanna (M. A.) Co., $4.25 preferred stock
Dec
1
Metropolitan Ice Co., 1% 1st mtge. bonds, due 1954—Jan
1
1888
Horn
Midi RR.
;
U.
1,361
2,536
stock
Nov
Association
Caribbean
Elk
Demand
Time
Racing
common
Consolidated Grocers Corp.,
12,429
774
domestic
OF TENDER
Date
Corp.,
303
4,234
Cash in vault
with
given in the "Chronicle."
NOTICES
General
323
—
30,992
Other securities
with
number gives the location in
page
were
Company and Issue—
Burrillville
—
3,331
loans
of
which the details
American
462
loans
Balances
—
399
securities
certificates
a
The date indicates the
redemption or last date for mak¬
pur¬
securities
estate
list
of corporate
bonds, notes,
and common stocks called for
redemption,
including those called under sinking fund provisions.
agricultural
dealers
Government
Other
U.
1946
22,694
Loans to banks
Other
Nov. 6,
1947
64,910
Other loans for purchasing or carrying:
U. S. Government obligations
Treasury
Treasury
Treasury
Oct. 29,
carrying:
or
Other
Real
Notices
preferred
dollars)
13,971
industrial,
brokers
chasing
U.
Redemption Galls and Sinking Fund
Below will be found
millions of
4,732,803
732,689,418
of the assets and liabilities of reporting
loans
to
—
ing tenders, and the
Commercial
Loans
11,696,872
13,332,038,289
5.5
+ 14.2
increased
Aisets—
Loans and
in¬
Government deposits increased
$123,000,000. De¬
+ 10.3
Dec. (—) Since
$102,000,000.
Cleveland
7,410,701
2,011,916
7,936,797
3,309,970
6,584,950
1947
Reserve
decreased
City, $44,000,000 in the
and
217,294,000
8,315,350
+ 25.5
Nov. 5,
United
000,000, respectively. Holdings of "other securities" de¬
creased $36,000,000.
York
summary
for
Holdings of Treasury bills decreased $53,000,000 in
New York City and $52,000,000 at all
reporting member
banks, and increased $22,000,000 in the San Francisco
District. Holdings of
Treasury certificates of indebtededness and Treasury notes decreased
$108,000,000 and $69,-
Demand
District,
Investments—total
Loans--total
brokers
securities
Louis
(In
and
to
St.
member banks,
321,571,538
1.6
3,603,751
member banks follows:
districts,
Loans
the
+12.9
361,235,885
the Cleveland District.
agricultural loans in¬
the principal increases
being $90,000,000. in New York City and $13,000,000 in
in
in
3,503,248
8,754,471
+ 12.9
+
9,174,552
6,383,348
4,523,044
+ 16.1
26,989,415,463
6,607,776
+ 15.3
6,868,167
_
407,884,000
11,514,823
+ 13.5
572,399,059,527
—
+ 19.9
_
+ 12.3
295,641,659
307,583,293,194
7,915,553
7.3
+
397,902,177
30,480,648,408
reporting
System
ended November 5: An increase of
...
8,326,446
4.6
141,513,215
603,793,858,950
+ 17.7
9,987,498
7.0
+
14,911,527,791
•Estimated.
reporting member
in leading cities
changes for the week
21,512,776
3.3
+
89,241,866
343,285,423
+ 11.8
30,603,870,483
294,765,407
16,006,823,851
451,603,015
158,925,161
+ 16.8
60,786,485,118
The condition statement of
weekly
banks of the Federal Reserve
49,007,623
30,978,447
—
93,363,589
+ 15.6
Condition Statement of Member Banks
62,829,494
+ 32.9
+ 11.2
•
—11.7
52,496,346
36,011,364,670
+ 60.9
38,835,490
+ 21.3
380,422,009
15,658,017
67,965,059,068
79,082,909
51,606,530
——
1,675,413,366
3,595,433,318
cities)
127,230,082
+ 59.5
185,412,742
392,997,895
40,858,717
(19 cities)
—
>
248,562,068
224,982,714
2.6
51,381,393
,
Stockton
+ 28.4
+ 20.1
18,096,551
„
Santa Barbara
4,234,037
+ 17.7
58,163,816
28,409,705
-
Berkeley
Long Beach
84,270,903
+ 16.7
190.922,058
60,997,300
Calif.—Bakersfield
___
99,418,286
3,855,131
+ 34.8
14.845,526
Salt Lake City
creased
6.6
+
+ 13.7
245,000,674
Utah—Ogden
States
22.3
Francisco—
512,416.205
Seattle
creased
2,106,671
9i704_77666
20,190,000
Wash.—Bellingham
Shows
4,268,860
14679407666
98,802,458
Texarkana
Grand Total
+ 11.8
"+34.0
669,084,414
_
La.—Shreveport.
Total
6,277,502
1587297,000
43,202,930
_
Falls
Twelfth
7,020,127
212~0~5~2~,66O
5,495.201
Arthur
Total
+ 11.8
5,225,891
__
-
Wichita
242,955,355
25,988,000
123,338,310
„
__
Houston
271,726,617
863,990,346
Worth
Galveston
26,029,747
15,550,627
1,058,976,722
91,305,200
Beaumont--
mand
+ 31.5
6,237,933
Falls
+
+ 21.0
+ 52.3
17,452/219
Omaha
States
77,233,878
400,848,659
Lincoln
and
+ 37.2
1,029 ,022,845
Hastings
New
+ 12.4
5,376,224
Neb.—Fremont
the
56,733,864
48,343,417
3,512,170,903
+ 24.4
+ 17.3
11,976,632
33,887,412
Helena
Ban
74,504,283
17.2
+ 37.6
1,601,125
8,032,182
79,289,689
13,458,486
1,396,233,787
Lewistown
San
"77.7
448,931,439
■Huron
Port
91,406,569
87,010,069
+
92,970,618
Reserve District—Minneapolis—
Mont.—Billings
Ft.
107,550,864
119,363,260
3,811,475,690
Grand Forks
Minot
El
132,400,000
4,465,610,708-
2,402,630,562
B. D.—Aberdeen
St.
175,100,000
+ 22.0
'
Fergus Falls
D.—Fargo
Tenth
+ 24.7
+ 17.6
Winona
Total
206,400,000
+ 16.0
1.301,532
1,992,084
Paul
Great
257,400,000
8,986,536
Rochester
Sioux
+ 14.5
421,396,546
9,930,646
Minneapolis
N.
9,176.454,793
617,849,134
Minn.—Duluth
St.
10,504,320,346
1,531.054
(7 cities)
Federal
+ 21.4
514,236,039
Ky. —Louisville
Tenn.—Memphis-^
111.—Jacksonville
Quincy
Total
1,026,818,977
45
debentures
Coal
Co.,
4%
bonds, foreign series,
due
1960
&
Northern
1892
-Dec
1
1790
Corp., 1st mtge. 6% inc. bds. Dec
Ry., 1st mtge. 3%s, due 1966j._Dec
1
1894
110 So. Pennsylvania Ave.
Piedmont
1683
1579
Pittsburgh Steel Co.—
1st mtge. bonds, il/2%
series, due 1950
1st mtge. bonds, series
B, 4(4 9/, due 1950
1st mtge. bonds, series
C, 4(4%, due 1950
1
*
Dec
1
1894
^_Dec
1
1894
Dec
1
1894
46
THE
(2034)
Company and Issue—
Poli-New
1st
Date
Spalding
G.)
(A.
& Bros.,
1792
Dec
debentures
1259
1
Canadian
7%
P.
IV.
Paper
Co.,
American
Cities
Power
Serial
class
American
6%
1st
mtge.
Buffalo
&
stock,
ref.
Jan
1
1350
1936 Dec 31
1885
Jan
Dec
1
1886
Detroit
Edison
1st mtge. 5s, due 1951—Anytime
General
1960
Co.,
Stock
and
ref.
mtge.
Home
Co.,
G%
(Joseph)
Service
1st
lien
ref.
l'ef.
Gas
lien
1st &
Electric
& ref.
Terminal
6%
ext.
A, due 1951
ser.
1
1356
mtge. bonds,
bonds, due 1967
Jan
A, B and C, due 1967—Jan
1
1891
1
6%
preferred stock
junior preferred
7%
Mount
Vernon-Woodberry Mills,
20-year 4%
debentures, due
Amsterdam
New
Gas
1st consolidated
1685
—Nov 20
1790
Inc.—
*2004
mortgage 5s, due 1948
Niagara Falls Hotel Corp., 4ft %
mtge. bonds due 1950—Jan
Refractories Co.,
debs, due
6ft %
1959
*2004
1687
1
Jan
1960, and 5s,
due
1968
1
Dec
Crown
due
♦Announcement in
1953
this
issue,
.6%
prior
Industries,
B
HVol.
165.
1894
(extra).
Products
Mfg.
Delaware
Bound
&
preferred
Disston
1
995
11-25
1-15
12-19
15c
11-15
11-
11-15
11-
8
25C
Brothers,
Co.,
Co.
in the week when
Abitibi
Company
Power
$1.50
&
Paper
preferred
$2.50
Share
prior preferred
Alaska
Packers
Association
Allis-Chalmers
3ft %
(quar.)
Mfg.,
convertible
12-
(quar.)
2
12-
10
1212-
2*
1
8IV4C
5
30c
14
50c
10
1
12-10
common
4 ft % pfd. (initial)
Consolidated (quar.)
—
Chicle
Co.
70c
American
Cities
Power
of
rate
of
American & Foreign
preferred
American
Fruit
3.90%
Machine &
Post
Co.
Gulf
Lines,
$5
A
First
York
■Auto
Steels,
Common
Class
A
One
each
share
held
preferred
Bros.,
Belden
Manufacturing
Ltd.
Co.
Inc.,
&
City
&
Mfg.
12-19
2
12-19
12-17
11-17
12-15
12-
25c
3-15
12-
12-
1
1
1
2-20
11-13
11-13
12-12
11-29
12-15
12-
5
12-15
12-
5
12-15
12-
5
12-15
12-
5
12-
1
12-10
12-
1
11-19
1
12-
12-
1
11-15
5
-
10c
12-15
12-
1
12-24
12-
1
12-15
12-
1
81 ftc
12-15
12-
1
26c
12-13
11-24
12-13
11-24
12-13
(quar.)
11-24
12-13
11-24
1
12-11
7 ftc
1-
75c
pfd.
conv.
(quar.)
12-
stock
Co.
1
1
11-20
Grafton
12-
1
Great
12-15
12-
1
Griggs
2-
2
12-
(initial
common
preferred
—
Corp.
(year-end)
-
3
2
12-
5
1-
2
12-
5
56 ftc
quar.)
(quar.)
12-
1-
1-
2
12-
5
11-14
11-
7
50C
Ltd.—
* 12 ft C
&
Co..
12-15
11-15
*12 ftc
12-15
11-15
12-15
11-15
* 25c
(quar.)
class
Paper
(quar.)
Cooper
&
(quar.)
Co.
(quar.)
12-15
11-25
12-
1
11-20
12-
1
11-20.
35c
A
50c
40c
Ltd.,
Northern
12-
1
11-20
(quar.)
$50
12-27
12-
1
1-16
Group No.
2
Oil
Corp.
(quar.i
IOC
12-27
12-
1
holders
11-29
11-14
12-
1
11-21
12-
1
11-21
1212-
of
date
record
last
payable and
dates
5
And
have
the
date
read
official
Nov.
26,
payable
not
the
Shares
11-26
11-14
11-26
11-14
7c
Automobile
11-14
11-26
11-14
1-
12-15
11-17
Aviation
Shares
5c
11-26
11-14
12-
11-17
Building
Shares
6c
11-26
11-14
12-
11-13
Chemical
Shares
7c
11-26
11-14
11-14
Extra
1-
12-15
Extra
1-
12-15
Electrical
12-
11-20
Extra
87'2c
12-
11-14
Brass
(reduced)
25c
(quar.)
$1
Oil
Co.
Products,
Bullock's, Inc.
quar.)
5
2
Industrial
12-10
2
12-10
1-
2
12-10
12-
1
11-20
12-15
11-17
$1.10
12-
1
12-
1
11-20
1-
(quar.)
2
12-
50c
1
12-
1
30c
2-
1
12-13
Ltd.
(quar.)
Railroad
11-25
Railroad
1
Railroad
12-
1
Steel
12-15
11-15
$5oc
Extra——
^
12-15
11-15
$15c
12-
(quar.)
A
11-14
11-26
11-14
11-26
11-14
11-26
11-14
11-26
11-14
11-26
11-14
11-26
11-14
11-26
11-14
11-26
11-14
5c
6c
Shares
Shares
Shares
Extra
11-14
11-26
11-14
11-26
11-14
11-26
11-14
4c
Stock
11-14
11-26
6c
Equipment
11-14
11-26
6C
Shares
11-26
3c
2c
Bond
11-26
11-14
Tobacco
Shares
4c
11-26
11-14
Utilities
Shares
3c
11-26
11-14
11-14
Extra
115c
Canadian-Tire, I*td.
11-14
11-26
6C
Shares
Extra
12-
J50c
5R
Vinegary,Ltd. (quar.)
11-26
lftc
Petroleum
12-12
2
11-14
9c
12-20
1-
11-26
6 ftc
Shares
Extra
J 10c
Malting Co.
11-14
6c
Extra
*roc
(quar.)
11-26
10c
Extra
1-24
12-20
30c
11-17
11-14
4c
Shares
Shares
Extra
1
11-26
9c
Companies
Priced
Mining
11-14
7 ftc
Extra
11-12
30c
$35c
11-14
11-26
9 ftc
Investing
$1
Stone,
Shares
11-26
7c
Merchandising Shares
(quar.i
11-14
9c
Shares
Machinery Shares
Institutional
Low
11-14
5 ftc
Extra
1-
*25c
Extra
—
Bond
11-
1-
11-14
11-26
7c
General
1-2
11-26
4 ftc
Shares
•
1-16
$1
(quar.)
Crushed
Extra.,
Administered
Extra
5
25c
Year-end
Canada
11-
87ftc
Speoial
1
Campbell Wyant & Cannon Foundry Co.—
Canada
Fully
12-15
11-12
75c
___
(irreg.)
Ltd.
(Los Angeles)
Brothers
2
11-26
11-26
6c
Shares
Shares
50c
3ft '/c
preferred (quar.)
Boyertown Burial Casket (reduced quar.)
British American Bank Note (quar.)
Brooklyn Borough Gas Co.—
4.40%
preferred (quar.)
Creek
1-
11-12
5c
11 ftc
8 ftc
Equipment
20c
W.)
Corp. (quar.)
Borg-Warner, common (increased
Special
Building
11-30
12-
11-14
Guantanamo
*25c
12-
11-20
Gulf
$i5c
12-
11-20
States
$4.40
11-24
12-15
11-24
12-15
12-
a
12-15
12-
1
12-15
12-
1
12-15
12-
2
12-
1
11-19
10c
(extra)
(increased quar.)
12-12
11-28
60c
12-10
11-28
60c
12-10
11-28
5c
II-15
11-
7
Extra
5c
11-15
11-
7
Quarterly
5c
2-14
2-
6
15c
12-15
12-
5
12 ftc
12-15
11-30
Extra
K.
W.
Battery
Co.
(quar.)
Vegetable Parchment Co.
Katz
Co.,
Drug
$4.50
Kents
(quar.)
Restaurant
5 ft %
&
preferred
$1.12 ft
Baking—
Mill
Corp.,
$2.50
One
Lee
(M.
D.)
Co.,
1
11-15
12-10
11-28
5
12-15
11-29
12-15
11-24
12-11
11-18
25C
(irreg.)
common
12-15
12-
5
25c
H.),
Inc.
Inc.
dividend)
(stock
share
1-
2
12-20
62 ftC
(quar.)
Co.,
11-
12-
10c
additional share for each
(H.
11-15
25C
(increased)
(s-a)
(irreg.)
preferred
Lamston
$1.37ft
(extra)
Sessions
&
Common
12-15
25c
Corp.
Co.
2
$1.183/4
$4
common
Products
(S. S.)
Lamson
pfd.
(quar.)
King-Seeley
Kingston
Kresge
1-
;
1
(initial quar.)
(quar.)
Kentucky Utilities, 4%%
Kilburn
(quar.)
(quar.)
common
preferred
1-
2
12-20
—
held-
100%
(quar.i
11-19
25c
12-
5
11-20
30c
1-
2
12-23
5c
1-
2
12-23
B
30c
1-
2
12-23
Extra
5c
1-
2
12-23
30c
12-
1
11-20
$1.75
12-
1
11-20
Liberty
Loan
Corp.,
class
A
Extra
Class
Lincoln
7%
Stores,
common
preferred
Line
Material
Stock
Lock
Joint
(cash dividend)
(J*
Pipe
Common
(quar.)
(quar.)
Co.
dividend
share of
(resumed)
(increased
monthly)
-
$2
10-31
10-21
-
$2
11-29
11-19
$2
12-31
12-20
$1.50
12-15
12-
14c
11-15
11-10
10 ftc
Service,
11-15
11-10
class A
(quar.)
Inc.
Copper
Manhattan
quar.)
12 ft c
$2.25
12-18
11-25
25c
12-15
11-26
35c
12-
1
11-21
1-
2
11-21
Co.
Shirt
(quar.)
Co.
(quar.)
Extra
35c
Co.
Megowen-Educator
class
A
&
Food
Transportation
Thermit
partic. pfd.
(quar.)
(quar.)
common
—
(quar.)
Michigan Associated Telephone Corp.—■
6 %
preferred (quar.)
$4
(increased
Utilities
5%
Nashua
National
Life
Accident
(J.
Tail
Paper
Insurance
11-15
121-
1
11-15
2
12-20
12-20
11-28
12-10
12-15
11-27
12-19
12-
11-14
11-
*25c
Co.
11-20
I-2
12-15
$1
(Minn.)
1
50c
(quar.)
(quar.)
12-12
11-29
12-10
11-26
$1
12-15
11-28
$1
12-
11-17
1
20c
12-20
$1
12-31
12-20
$5
12-
1
11-20
12-
1
—
12-10
11-30
90c
12-
11-15
40c
11-10
11-
5
$7.50
11-10
11-
5
25c
12-10
11-24
11-15
$1.20
(year-end)
(quar.)
Manufacturing
Extra
12-
1
7
.A
<•
Corp.
Power
11-21
Co.—
Co
J.)
preferred
Pacelot
1
50c
Co.
Corp.
Mining
Common
$3.60
11-29
11-29
12-
$2;50
(increased)
(year-end)
Northeastern
Water
Co.,
$4
pfd.
(quar.)
Old Poindexter Distillery, Inc
Olin Industries, Inc., 4% pfd. A (quar.)
Oregon-American Lumber
Otter
12-12
12-12
12 ftc
Steel
12-15
35C
—
Quarterly
Newberry
11-30
12- 6
30c
Coated
&
National-Standard
National
8
40c
Corp.
&
2
12-15
*25c
(quar.i
(quar.)
Gummed
1-
12-
$1.25
class A
Muskegon Piston Ring
Nash-Kelvinator
1
25c
(quar.)
Corp.
12-10
50C
(quar.)
common
preferred (quar.)
Containers, Ltd.,
Ltd.
11-19
12-
12-22
47c
quar.)
Co.,
12-10
1
12-10
$1.25
(initial quar.)
preferred
12-
35C
20c
Valley Canning Co., class B
preferred (quar.)
Minnesota Mining & Mfg. Co.—
5%
Common
12-29
81 ftc
$1.50
Minnesota
Missouri
11-25
12-27
2
$1.75
Corp.,
preferred
12-10
1-
Co.—
Quarterly
Metal Textile Corp., $3.25
&
11-25
Co.—
(accum.)
Miners
11-29
12-10
25c
(quar.)
12-15
60c
50c
Electric
1-20
67 ftc
Master
7%
11-10
*25c
Gardens, Ltd. (interim)
Massey-Harris, Ltd.
(quar.)
Metal
11-15
*25c
Leaf
50c
5
(year-end)
preferred
Trucks,
Magma
(quar.)
(quar.)
Convertible
Mack
11-17
11-17
Co.—
(monthly)
(monthly)
Ludlow Mfg. & Sales Co.
Preferred
12-17
12-17
Common
Lyons Finance
15c
common)
Common
(quar.)
—
(resumed)
Corp.
Airways
1
Co.
50c
(quar.)
Co
Gold
12-
1
62 ftc
12-
1
11-24
*20c
Pen
Rust-Proof
Consolidated
12-
8
11-17
Dredging, Ltd.—
Products
Metal
5c
4c
Sugar
Co.,
$5
pfd.
Utilities, common
preferred (quar.)
-
1-
11-14
2
12-18
25C
12-15
11-20
$1.10
12-15
11-20
$1.25
(quar.)
(initial)
11-26
Pennroad
(irreg.)
Corp.
Pennsylvania Exchange Bank (N. Y.)
Pfizer (Chas.), common (quar.)
(s-a)-
Extra
preferred
Dodge
Philadelphia
Preferred
5 ft %
Pressed
Utilities
Metals
America,
(R.
&
Myers,
Controls,
com.
preferred
11-21
12-
11-2G»
1
12-15
11-24
12-10
11-17
12-
2
11-20
12-20
11-21
12-
_
11-15
II-15
12-15
1-' 2
12-12
90C
1-
2
12-10
15C
r-
2
12-10
$0.1979
(initial)
(initial)
11-20
12-10
25c
50c
—
1
1-
2
12-10
12-15
12- 5
11.
5
i-2-» ,i
Inc.—
all
$3.50
$3.62 ft
Ltd.
5
12-
5
12-15
12-
I
17 ftc
Oil,
1-
12-15
20C
(quar.)
(increased quar.)
1-15
37 ftc
arrears)
Corp.
12-15
12-
1
12-
11-15
*50c
(s-a)
1
Co.
50c
Co., class A (s-a)
Seaboard Oil Co. (Del.)
(extra)
Dohme,
Inc
Singer Manufacturing Co.
..............
(quar.)
—
12-10
11-21
11-
1
#-15
50c
1-15
12-31
25c
(quar.)
Fruit
12-10
25c
Joseph Lead
&
11-20
11-28
2 ftc
(initial)
Extra
Extra
12-12
25c
Inc
Extra
Seaboard
11-26
133/4C
(quar.)
participating preferred
Industries
Royalite
12-10
11-26
12-10
5c
—
clears
12-31
12-10
5c
participating preferred (accum.)
participating preferred (This pay¬
ment
Sharp
9
$1
J.) Tobacco, 3.60% pfd. (quar.)
.convertible
Robbins
St.
11-25
Corp.—
(New Mexico)
Robertshaw-Fulton
$1.50
11-25
5
$4
(Pittsburgh)
(quar.)
Inc., $2 preferred (quar.)
Reynolds
Ross
5
$1.25
Rayonier,
$1.50
12-
12-
12-
$1
Mfg.
of
Service Co.
$1.50
12-19
50c
Bourse
convertible preferred
434%
40c
11-22
80c
Phillips-Jones Corp.
Pittsburgh Coke & Chemical—
$5 preferred
(quar.)
Pittsburgh & Lake Erie RR. Co. (irreg.)
Pittsburgh Plate Glass Co. (year-end)
Plastics Materials Corp.
(quar.)
Polaris Mining Co
Rand's
11-22
11-20
87 ftc
(quar.)
Corp.—
Extra
Public
3
$1
3ft %
Phelps
3
12-
12-15
50c
Corp
12-
40c
75c
Peninsular
11-26
7c
-
8c
6c
Shares
Extra
Food
11-17
12-15
3
10c
$1.25
(quar.)
1
$1
Co
14.)
12-
15c
preferred
Manufacturing
11-28
12-
tlfto
Engraving
Johnson
12-15
12-10
75c
(interim)
Interim
15c
Mfg
&
11-14
2
20c
Ltd.
(year-end)
Utilities
oilier
Johnson
Pato
30c
1
(quar.)
&
Parker
$50c
Co.
Southern
1
1-
10C
Gas
12-
25c
Coke,
Extra
Parker
pub¬
1
11-
$2
Corp.
Pan-American
incorrectly
were
Nov.
The
the
meeting date, not the hold¬
record.
should
(The
week.
the
was
Agricultural
5*
5*
of
reported
Inc.
Intertype
Newmont
Corp.
ers
2
12-10
35c
Oil
11-22
$1.12ft
12-15
1
11-22
1-
2
Group No.
12-15
12-26
12-15
1
12-15
50c
2
1-
25c
Extra
12-15
1-
*12 ftc
B
12-15
11-19
$1.50
Extra
12-
1
"
.
convertible
Class
12-
$1.50
11-25
11-12
—
(quar.)
Natural
Motor Wheel
50c
new
Extra
Interstate
Molsons
of
(quar.i
Gordon Mackay Stores,
Class A
(quar.i
12-
11-15
$1.25
11-28
12-31
share
preferred
$6
&
Modern
(quar.i
Co.,
Machine
Humor
1
dividend
44/1000th
or
Good
12-
1
Corp.
Corp.—
(Optional
stock
12-
1
37 ftc
(quar.)
Lines)
Extra
1-
11-20
12-
12ftc
Extra
Maple
12-10
62 ftc
6%
12-15
12-15
-l
(George
Extra'
1
12-22
15c
Aluminum
Canada
1-
1-15
Bell, Inc
Bunte
12-22
12-10
(quar.)
5%
Extra
Buck
(quar.)
preferred
$5
15c
Son,
Border
Borg
5
12 ftc
Birmingham Gas Co., $3.50 prior pfd. (quar.)
Bohn
2
1-
30c
Hardware
Gossett
&:
1-
20c
Extra
Blue
Co.,
Cash
Glidden Co.,
Extra
Belknap
Bird
&
preferred
Gisholt
(quar.)
1-
25c
B.)
11-25
$1.12'/2
(quar.)
11-14
25c
11-25
_l__
Beatly
Bell &
$6
;
for
Corp. common (irreg.)
prior preferred (quar.)
Manufacturing Co.. common
$0.5488
25c
(D.
(quar.)"
A
pfd.
(Leased
Paper
Joy
11-20
1
12-10
60c
International
Iowa
1
12-
40c
6%
RR.
Coal
Merchants
Extra
lished
D.
4%%
12-31
—
stock
11-26
$1.12%
quar.)
B
America
$2.50
common
11-26
12-10
11-28
Shareholdings
*i5c
of
12-10
12-23
Canada,
General
$12 Vac
share
1
* 30c
Extra
Class
Group Securities,
dividend)
12-
stock)
or
preferred (quar.)
class A
of
pfd.
12-
87 ftc
$1
Mfg.,
Central
International
11-25
12-10
5 %
General
*25c
(stock
12-15
1
Corp.—
Co.
12-15
(initial)
Co.
12-
stock
(quar.)
1
Steamship
(quar.)
11-15
$1
dividend
convertible
25c
(s-a)
1
12-16
Co.—
(initial
dividend)
Machinery
30c
4ft %
Bates
Light
(cash
Motor
Fuller
12-
1
—
(s-a)
1
12ftc
Indies
2-13
Stores—
preferred
3 ft %
cash
common
A
12-
Service, Ltd.—
extra
V.
$2.50
Food
&
preferred
Common
Ford
of
class
Power
Fair
12-15
Ltd
Electric
Auto-So'er
B.
Food
(optional
share
Ltd.,
12-
37ftc
West
1-16
2-27
$1
Corp.
Vs
or
$3
&
(Utah)
-
11-19
97ftc
preferred
12-
1-30
$3
(s-a 1
4ft %
(quar.)
11-29
12-15
$3
(quar.)
1 s-a)
B
15
25c
(quar.)
12-10
$2
$ 1.50
common-
_
-
10
3IV4C
Foundry Co.,
11-29
$2
class A
America,
Georgia Power
(quar.)
11-19
$1.25
■15
68%c
,
(resumed)
Co.
(quar.)
common
common
non-cum.
Atlas
of
Class
11-10
Illinois—
of
12-10
1
28c
t
B
series.)
Milling (quar.)
Refining Co. (quar.)
Ashland Oil &
Atlantic
Inc.
Co.
Products
Farms
stock-
(quar.)
Apex Smelting Co.
Arcady
B
2
12-10
25c
$1.75
(quar.)
preferred
Anchor
class
Power, $6 pfd. (accum.)
Growers,
preferred
American
of
(accum.)
American Investment
5%
Equipment
Security Corp. of Ogden
&
share
a
1-
12-
80c
(quar.i
(s-a)
Class
11-17*
Light Corp.—
$2.75 class A (Optional dividend series) of
1936.
Payable in cash or stock at the
$7
&
50c
(quar.)
Extra
11-21
20c
(year-end)
50c
American
11-21
2
50c
Extra
First
11-20
93?4C
Co.
of America,
(quar.)
Holding Corp. (s-at
preferred
2
12-
30c
Extra
1
23
■
12-
$1.25
Class
1
$8
(quar.)
Aluminum
Amerex
Holdera
40c
(quar.)—..
preferred
Alloy Cast Steel Co.
$3.75
*62ftc
(year-end)
common
2
11-15
20c
(quar.)
Electric Co.
Derrick
Finance
Payable of Rec.
■
1
25C
Gas,
Corp.
Stock
$37 Va
12-
*25c
(quar.)
(irreg.)
(The)
Co., Ltd.—>
(quar.)
11-12
20c
4 V2 '/
When
11-20
15C
(quar.)
Products
Florida
are:
Per
50c
15c
(increased)
Co.
Company
50c
week
11-18
,
75c
(monthly)
Chemicals
&
Natural
Fittings,
this
11-18
1
$1.25
Extra
declared.
announced
1
12-
25C
(quar.)__
(quar.i
Ltd.
Inc.
Empire District
Corporation
dividends
11-18
12-
,
93 3/4C
15c
Paso
Electric
ord of past dividend payments in many cases are
given
under the company name in our "General
Name of
11-18
1
93 3/4c
Extra
we
The
11-17
11-28
12-
$1
RR.
1
25c
(quar.)
Bridge Co.
5%
Kalamazoo
12-
30c
45c
.
25c
Co.
Gas,
5
11-15
32c
guaranteed
(s-a l
International Cigar Machinery
8
11-28
15c
Eagle-Picher
Fair
11-28
12-15
(quar.)
Fields
Plastics
Essex
1
12-10
(quar.)
Oil
Dumbarton
Durez
grouped in two separate tables. In the
bring together all the dividends announced the
12-15
15C
Emsco
12-
1
15c
Durirom
164.
12-15
$1
Monthly
are
Investment News Department"
11-15
12-
$1
Extra
Dominguez
1260
Then we follow with a second table in
show Ihe dividends previously
announced, but
which have not yet been paid. Further details and rec¬
and
12-15
12-15
Co.—
Brook
Mfg.
11-25
20c
(quar.)
& Sons
Co.
11-24
12-15
$1.31 ft
(quar.)
(Henry)
Pepper
12-10
(quar.)-
Company
A.)
1
&
12-
12-23
11-25
$1.75
I-
11-26
2
25c
I_
(irreg.)
4 %
common
& Light, common
preferred A (quar.)
preferred B (quar.)
3%'c
1792
current week.
which
Illinois
11-10
Monthly
DIVIDENDS
we
Press
11-29
11-20
Jahn
Power
33/4%
Electrolux
first
Hydraulic
12-15
$1
Special
Dividends
Oil
Inc.—
(extra)
preferred
(L.
Dayton
El
tVol.
Hiawatha
11-29
25c
-
2
Jan
11-29
12-15
12-15
75c
25c
3 ft %
preferred A (quar.)
Heywood-Wakefield Co., common
5% preferred B
12-15
25c
(s-a)
(quar.)
Electric,
preferred
A
Overall
1
Puget Sound Pulp & Timber Co., 6% preferred stock
Jan
(Hamilton), Ltd., 1st mortgage 5s___Jan
Welsbach Engineering & Management Corp.—
Theatre Properties
Collateral trust 5s,
class
Wood
Donohue
5'/2s, due
mortgage
7
10c
-
Cornell
*
Peoples Gas Co.—
1st
Inc.
Chemical
Doernbecher
1
11-25
50c
Service
Transportation
Common
Dr.
&
American
Public
Cornell-Dubilier
4%
mortgage
North
(quar.)
1
$1 participating preference class A
*2004
Gas
Co.
Extra
Co.—
Any time
York
1st
11-
10c
Supply Co. of N. Y. (quar.)
Dictaphone Corp., common (year-end)
Dec 20
1966
12-26
12-10
25c
(quar.)
Dentists
Electric Light, Heat & Power Co.—
5% bonds, due 1948
Anytime
Purchase money 4% bonds, due 1949
Any time
New
(year-end)
Year-end
1685
Dec 31
preferred^stock
Inc., $2.50
9
11-15
60c
11-24
1891
Nov 20
—V-
stock
1-
50c
25c
(quar.)
Holdera
12-12
$1
Haverty Furniture Co. (quar.)
Heyden Chemical Corp. common
11-20
Darling
Moore-McCormack Lines,
Products
Extra
ser.
3
12-
Co.—
Kentucky Utilities Co.—
12-
12-12
1890
Dec
2
12-10
$5.25 series
bds.,
1-
12-20
Consolidated
1890
Hartman Tobacco Co., $4 prior
pref.
$3 non-cum. preference (quar.)
2c
1579
1
3
50c
1354
1
12-
25c
1
Feb
11-17
2
5%
Congoleum-Nairn,
Jan
1
1-
payment
When
Payable 0/ Ree.
50c
12-
Columbia
Co.—
mtge. 50-year 5%
gen.
&
stock
preferred
(This
Company
Carbon
Share
Corp
:1:20c
(accum.)
dividend
Conestoga
1965_Dec
due
Gas
*$5.25
(quar.)
Machine
1148
Nov 17
bonds, series A, due 1950
5% bonds, due 1963
mtge.
&
collat.
Jacksonville
bonds,
mtge.
1st
1965—
Name of Company
Hamilton
Clayton & Lambert Mfg
Clayton Silver Mines
Corp.—
mtge. 5%
&
Interstate
1885
Per
Payable of Ree.
Heat
(quar.)
Wire
Dec 15
due
series F,
4s,
3ft%
&
1951
Monday, November 17, 1947
H older t
12 ftc
Community
Co.,
1st
due
Co.—
Duquesne Light
Indiana
debs.,
2 'a %
Corp.,
1957
Light
Extra
12142
due
Power
&
1885
1
1
1948
due
Steel
Co.
Chiksan
Electric
&
Ohio
Soya
Steel
Chicago Rivet &
1
bonds,
When
*$1.75
pref.
preferred
(quar.)
Central
Jan
due
5%
bonds,
51/
Central
Gas
arrears)
Central
Dec
debentures,
mtge.
Niagara
Electric
Ref.
notes
Light Corp.—
optional dividend series of
Stores Corp. of Pa.—
convertible
lien
1st
oonv.
&
CHRONICLE
Share
Natural
preferred
clears
Page
City Gas Co.—
1st
Butte
Inc.,
Department
"t v4% -6'r
Atlantic
A
Date
Company
Western
& Power, Ltd., 4%
Cassidy's, Ltd., 7%
ENTIRE ISSUE CALLED
Company and Issue—
A.
FINANCIAL
Per
Name oj
England Theatres, Inc.—
bonds, due 1953
mortgage
&
Page
Nov 24
COMMERCIAL
12 ftc
11-21
11-28.
; 11-18
$1.50
12-12
,41-21
$1.50
12-12 q U-21
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4647
Volume 166
When
Per
Name
Smith
of Company
(T.
L.)
Soundview
(s-a)
(quar.)
(quar.)
Accident Insurance Co.
(Detroit)
Quarterly
Stedman
Bros.,
Stratton
&
Sunshine
Mining
Telluride
Texas
Ltd.
Power, 6%
Pacific
Sub-share
2nd pfd.
Land
dividend
Tilo
Oil
!___
12-
11-15
10%
1
(quar.)
6-
12-12
12- 9
12-
12-
12-
25c
1
11-24*
1
9
Extra
Fastener
Corp
Extra
United
Fuel
A
preferred
Merchants
&
Manufacturers,
11-14
11-28
11-14
11-28
11-14
12-10
11-28
12-10
11-28
12-10
11-14
1-
2
12-
1
12-23
12-
5
7%
Astor
12-
5
12-31
12-24
1212-
8
$1
8
U. S. Rubber Co.,
12-
8
Atlantic
Universal
$1
common
preferred
1st
Products
Co.
$6
Westeel
Ltd.
Extra
Weyerhaeuser Timber Co.
Willson
Products,
&
Co.,
common
$4.25
preferred
Wilson-Jones Co.
Co., 4%%
Combing Corp.
Increased
preferied (quar.)
Canada, Ltd.—
15c
12-26
12-12
40c
93%c
56'/iC
12- 1
Canadian
12-15'
11-10
12- 1
12- 1
11-21
4'/2 %
12-
1
11-21
Canadian
12-
1
11-21
Quarterly
40c
$1.50
$1.75
12-
1
11-14
Extra
12-
1
11-14
Canadian
12-
1
Gold
Aunor
Ltd.
Mines,
(interim)
Autocar
11-20
5%
series
B
convertible
series
C
conv.
Co., 5%
series A
12-15
11-25
Automatic
Canteen
12-16
11-26
Automatic
11-15
11-
12-15
11-24
Avco
12-15
11-24
Avon
12-
9
12-10
11-25
11-29
12-
1
11-17
1-
1
12-15
Baltimore
12- 4
11-24
Porcelain
12-20
&
Bankers
give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
we
dends announced this
week, these being given in the
preceding table.
&
1
11-15
1
11-20
Carpenter
1
11-20
Carson
1-2-48
11-28
Catawissa
Barlow
&
$1.20
Per
Name of
T.
Company
50c
Acadia-Atlantic Sugar Refineries,
Class
5%
preferential
A
partic.
Seelig
class
4$1.25
12-15
11-20
Corp.,
(quar.)7'/2c
12-15
11-20
12-15
11-20
$2.50
450c
12-1
12- 1
11-15
$1
common
preferred (s-a)
Works, Ltd.,
Steel
Co.
pfd.
$1
(s-a)
Co.
(quar.)
Allied Stores
413c
Corp.,
Industries,
American
12-12
1-20-48
12-18
12-
11-14
12-
1
11-20
12-
l
11-20
12-10
11-15
425c
(irreg.)_—
Insurance
12- 1
11- 0
25c
12-15
11-22
4$2
Inc.
12- 5
11-
12-
l
11-17
11-28
11-17
87%c
$1
Co.
1
11-15
4c
(quar.)
American Fork & Hoe Co., common
American Furniture Mart,
11-20
11- 5
11c
11-20
11-
35c
12-15
12- 5
$1.25
75c
$1.50
12-15
12-15
12- 5
12- 8
1-2-48
12-15
12'/2c
30c
$6 pfd.
(s-a)
American Gas & El. (cash dividend) (quar.)
Stock dividend (2/100ths share of Atlan¬
$3
25c
tic
City Electric Co., common)
preferred (quar.)
American General Corp., $3 pfd. (quar.)___
4%%
(quar.)
preferred
Hydraulics,
Products
Corp.
Inc.
Increased
American
Manufacturing
Co.
6%
Metal
preferred
American
7%
(quar.)
-
American Meter Co
American
Paper
preferred
.
Ltd.,
(quar.)
Co.,
common
Goods Co.—
(quar.)..
American Potash & Chemical Corp., class A
Class
1
4'/4%
(quar.)
Inc.
Ltd.,
12-
1
11-18
12-15
11-12
1-2-48
12-
1
I
11-12
1211-
4
7
12- 1
11- 7
12- 1
11-7
75c
12-12
11-26*
10c
12-
11-14*
1
2c
11-25
11-15
$3
12-15
11-10
Corp.,
Fine
12-15
12-
1
12- 5
11-14
25c
50c
12-31
12-31
12-13*
$1
12-15
11-20
12-19*
„
12-
1
11-15
Central New
12-12
11-28
1-6-48
12-26
$6
preferred
3.40%
(quar.)
(quar.)_
conv. pfd.
Corp.—
(quar.)
(quar.)
preferred
Light & Power Co.—
preferred
Century Electric Co.
Century
1
12-15
12-
1
12-
1
11-17
Cessna
12-
1
11-17
Chain
12- 6
11-17
Champion Paper & Fibre, common (quar.)__
$4.50 preferred (quar.)
Chapman Valve Mfg., 7% pfd. (s-a)
Ribbon
(stock
Mills
prior
Chestnut
12- 1
11-
Chicago
12- 1
11-15
12- l
11-14
preference
(quar.)
(year-end)
Co.
(quar.)
Carpet, common
(irreg.)
(quar.)
& Light Co., com. (quar.)
_
(quar.)
Hill
Railroad
Corp.,
1
11-18
1
11-15
12-12
12-
2
12-
1
12-
12-15
12-15
1
1-1-48
12-19
12-
5
11-25
11-25
11-19
25c
12-10
11-14
$1.12%
$3.50
1-2-48
12- 5
12-'1
11-2!
11-15
12-
4
11-28
75c
preference
$3
1
75c
(quar.)
12-
12-
1
11-15
12-
$2.50
1
11-14
25c
12-15
12-1
25c
12-
1
11-29
25c 1-15-48
12- 5
3- 9
11-15
11-
1
Common
(quar.)
25c
7-15-48
75c
11-21
11-
$1
12-12
11-1*
$2
2-1-48
$2
8-1-48
7-17
35c
12-1
11-18
Chicago
Yellow
Chlckasha
12- 1
11-15
Chile
12-
1
11-15
Chrysler
12-
1
11-15
Cincinnati
1-31-48
1-15
12- 1
11-20
12-
4%
1
11-20
12- 1
11-20
Cab
Cotton
Co.
Oil,
(quar.)
common
(quar.)
Copper Co
Corp.
(increased
quar.)
Railroad
Inter-Terminal
preferred
(s-a)
preferred
(s-a)
Milling Machine, common
4%
preferred (quar.)
City Ice & Fuel Co. (increased quar.)
$1
62'/2c
1-2-48
12-
1-2-48
12-21
1-2-48
$1
$1.50
12- 1
12- 1
12-21.
11-15
11-15
City of Paris Dry Goods—
7%
1st preferred
(quar.)
Clearing Machine Corp., new com. (initial).
Cleveland Electric Illuminating Co., common
$4.50
preferred
(quar.)
Cleveland & Pittsburgh RR.—
4%
guaranteed
(quar.)
7%
guaranteed
(quar.)
30c
$1.05
12-1
11-20
Clinchfield
12-
11-20
Clinton
1-1-48
12-
1
1
12-15
11-10
5
$1.06'/4
12-12
12-
25c
12-15
11-17
1
Coca-Cola
Woven
Hose
(quar.)_
Special
11-17
1
11-14
11-20
10-31
11-25
11-14
11-14
Co.,
Coca-Cola
50c
Common
Brewing
Corp. of America (quar.)
Bristol-Myers Co. (reduced)
participating
preferred
British-American
Oil,
British
Forest
Columbia
Ltd.
(quar.)
(quar.)
30c
12- 1
11-20
4$1
62'/2c
12- 1
10-10
Collins
12-10
11-25
12-2
11-17
Colonial Mills, Inc. (stock dividend)
Colonial Stores, Inc., common
(increased).
1- 2
12-
4
Initial
Co.,
common
preferred
(E.
L.)
Co.,
common
11-20
12-
2
11-20
30c
12-
1
11-14
90c
(quar.)
(quar.)
12-15
12- 2
25c
Shoe
2-2-48
50c
Co
Motor
Extra
1-31-48
1-15
12-12
11-12
25c
(quar.)
Extra
25c
Silk
Mills,
Extra
11-12
12-30
11-30
430c
(quar.)
Ltd
12-12
93%c
12-15
11-17
430c
preferred
12-15
11-17
(year-end)
25c
$1.50
12- 1
12- 1
11-20
11-20
11.78
12-18
12- 8
Budd Company,
Buell
preferred
Buckeye
$1
12-15
$1.25
(quar.)
Pipe Line
preferred
1-2-48
12-
1
12-20
Corp.
5%
Milling
$3
Iron,
preferred
Columbia
Class
&
B
Extra
Forge
Co.
(year-end)
preferred
Connecticut
Coniaurum
1
12-15
12-
1
12-15
12-
1
12-31
12-10
12-
1
11-18
5%
50c
11-24
12- 1
12- 1
12- 1
12-31
25c
12-
1
11-19
11-20
11-29
11-15
12- 1
11-6
37%c
1212-
1
1
11-15
11-15
60c
60c
12-5
12- 5
11-21
11-21
45c
(quar.)
(quar.)
Co.'—
Co.
Mines,
Ltd.
6%
pfd.
12-15
11-19
12- 1
11-18
Consolidated
Laundries
5c
11-25
11-15
Consolidated
Natural
11-25
11-15
Consolidated
Paper
$1.55
11-28
11-17
(N.
Edison
11-15
11-15
11-20
9-38
1-2-48
12- 5
Y.)
—
12-15
11-7
12-
40d!
(quar.)
Co. (s-a)
25c
1
11-15
$1
11-17
10-15
(quar.)
25c
12-1
11-20
12-
11-20
Gas
Co.
1
12- 1
Ltd.—
.=-•
$1.25
11-15
12-
t25c
(interim)
Bakeries of Canada
Quarterly
(quar.)—
$1.50
+2c
(quar.)
12- 1
56 %c
(quar.)
Power
River Power,
Consolidated
Extra
1
12-
$1.25
(year-end)
(year-endI
Telephone
Consolidated
(quar.)„
1
12-
12-15
25c
(quar.)
(quar.)
20c
Co
$5 prior preferred
Machine
12-
12-15
25c
quar.)
5c
Die
11-15
12-1»
12-15
Elevator Co.—
Commonwealth
$5
11-10
12- 1
1-1-48
Broadcasting System—
A
Class
11-19
5
75c
Co.
common
preferred
&
(increased
Common
11-10
1
12-
50c
Power
&
convertible
Colorado
(quar.)
(quar.)
Central
Fuel
Connecticut
Brunswick-Balke-Collender Co.—
Common
4%
Colorado
1
12-
Co.—
(quar.)
Aikman
Colorado
415c
Brockway
Colgate-Palmolive-Peet
preferred
12-
87%c
(s-a)
12-
A
50c
87%c
$3
Class
12-20
93%c 1-15-48
425c
1-2-48
11-20
12-15
Corp.—
1-2-48
Products, Ltd.—
12-15
1-1-48
$20.65
International
(year-end)
&
50c
$1.12%
$1.50
(s-a)
(quar.)
Common
$3.50
$1 75 3-16-48 2-10-4*
40c
12- 1
11-15
75c
class A
$3
50c
9
11-19
12-19
Inc.
40c
Bearing
Bowser, Inc., $1.20 preferred (quar.)
Brazilian Traction Light & Power, Ltd. (s-a)
1
^2-31
25c
(quar.)
$4
Roller
12-
1-17
20c
20r
Corp.
Extra
16c
Rubber Co.
&
12-15
12-
3
$2
Coal
Industries,
Monthly
Monthly
15c
Inc
6- 9
Co.—
Cincinnati
25c
Boston
Buffalo
12-
25c 4-15-48
&
Boston
12- 1
7
$1.25
11-14
20c
50c
(quar.)
Co.
(Sidney) & Co.,
Fund, Inc. (quar.)
12-15
7
11-
1
(quar.)
50c
Year-end
$1
11-
1
12-
20c
$1.75
Blumenthal
1
1
12-
Common
$1.50
Bryson, Inc.—
4'/4% preferred (quar.)
Blaw-Knox Co.
(increased)
12-
12-
11-29
$1.25
Power
Sivalls
12-15
15c
11-29
11-29
4%
(quar.)
preferred
12- 1
9-30
1-2-48
$3
Corp., common
preferred
12-15
I
25c
Quarterly
35c
(s-a)
Associates—
quar.)
(quar.)
Steel
Hills
37'/2c
12-
1-2-48
1-2-48
$1
Bigelow-Sanford
3%%
8
11-15
$1.12%
Co
5% preferred A v. t. c. (irreg.)
Chicago South Shore & South Bend RR.—
11-17
8
11-
11-29
Corp.—
(quar.)
Chicago & North Western Railway Co.—
11-17
11-
11-22
15c
Corp.
11- 4
1
Products
Aircraft
Belt
12- 1
1-2-48
11-15
1
11-22
150
Certain-Teed
4
12-1
12-
2 W
dividend)
(quar.)
Extra
11-17
10-31
12-10
12-
11-19
11-11
11-20
$1.12'/2
85c
11-5
6
11-15
(quar.)
12-
12-
11-15
1
Power
12- 3
11-25
11-IB
1
12-
27 %C
Light & Power, com.
York
12-1
12-
50c
(extra)
$1
Brown
1
Ohio
3.6%
Cement—
&
Manufacturing
3%%
12-10
75c
Foundry Co., 5%
$1.06%
preferred
preferred
Bower
1-2-48
12'/2c
(quar.)
(quar.)
(initial
preferred
$4.20
9-30
12-
75c
12-15
12-
11-14
1
11-20
1-2-48
25c
Extra
$5
Associates
preferred
Central
4$1.50
(quar.)
common
Limestone
Bethlehem
Bruck
Central
$1.18%
12-
42c
437Vac
t$1.75
Spinning
convertible
Bruce
11-15
30c
Extra
Bessemer
Black
$1.10
1
50c
common
$3.60
75c
(quar.)_
(quar.)
common
Co.
preferred
New
Black
12- 9
12-
50c
(quar.)
5
4$1
Berkshire
Bibb
Arizona
1-2-48
437'/2c
(quar.)
Beneficial
7%
Aguire
30c
37'/2c
B
$4 preferred A
75c
11-20
12-
12-15
$1.183/4
25c
Extra
1
12-15
50c
(quar.)
(monthly).
(monthly)
American Ice Co., 6% non-cum. pfd. (irreg.)
American Insulator Corp. of Delaware—
•Convertible prior preferred (s-a)
American Investment Co. (Illinois) —
Home
American
12-
5
Co.—
6% convertible preferred
American
12-
62'/2c
$2 preferred (quar.)
American Hide & Leather
Mills,
& Howell Co.,
4%
Central
Charis
Extra
$5
11-14
412'/2c
preferred
6%
20c
Shares
7
(St.
Special
American Chain & Cable, common (quar.)_
5% preferred (quar.)
American Felt Co., common (quar.)
6% preferred (quar.)
American Forging & Socket (quar.)
$2.60
1
15c
Automobile
(quar.)
Business
12-27
35c
Ltd.,
(quar.)
American
Airlines, Inc.—
3%% convertible preferred (quar.)
Louis)
11-10
$1.25
Aluminum
American Arch Co.
10-31
75c
(quar.)__
Alpha Portland Cement (year-end)
Aluminium Co. of Canada, Ltd.—
4% preferred (quar.)
American
Bell
1
11-25
$1
common
4% preferred (quar.)
Allis (Louis) Co. (quar.)
Extra
Aluminum
12-
20c
(s-a)
11-29
25c
Extra
25c
Allied Finance Co.
Allied Laboratories
11-14
60c
-
12-
75o
25c
(quar.)
Co.
Belding-Heminway
Agnew-Surpass Shoe Stores—
New common (initial)
11-15
4'/2 %
Shoe Corp. 4%% pfd.
Manufacturing Co. (quar.)
7%
issue
1st
20c
Co.
Belding-Corticelli,
11-29
(quar.)
30c
Extra
11-21
12-15
Oil
1
1-5-48
Co.—
1
Co.—
(A. S.)
Belden
Railroad
pfd.
50c
Mfg.
5
11-
50c
Co., 4'/2%
11-29
11-15
1
12-
1
75c
(extra)
(interim)
&
prfeerred (s-a)
5%
2nd issue preferred
(s-a)
Caterpillar Tractor Co. (quar.)
$1
11-
12-
12V2c
425c
(quar.)
Extra
Beaunit
11-21
12-12
15c
(quar.)
Engineering
12-12
25c
Standard
Barnsdall
Beck
5%
of
(quar.)
Ltd.
12-
87 %c
Co.
Scott
25c
Guaranty
I
1-5-48
$1.06%
(initial)
Central
(quar.)
A
Extra
11-20
12-
Steel
Pirie
5c
(year-end)
Bathurst Power & Paper, Ltd.—
Class A (increased quar.)
12-10
11-15
7c
(irreg.)
Bastian-Blessing
1
1-2-48
Extra
:
11-
425c
(quar.)
Extra
Aetna
11-20
Ltd.—
(quar.)
Acme Glove
Acme
Holdere
Payable of Rec.
2>/2c
preferred
Acme Electric
5%
When
Share
Inc
F.,
1
(quar.)
&
% %
$1.25
Extra
Common
A.
12-
8%c
1-1-48
437VaC
12-
4
15c
Inc.
Canada,
12-13
12- 5
(quar.)
12-
Corp
of
1-2-48
Ltd.—
Boxes,
12-
Preferred
Carman
11-14
Steel—
Shippers,
Asphalt
Barber-Ellis
4$2
420c
1
2
Trust,
425c
Barber
12-
Capwell Sullivan & Furth Oak—
20c
Mortgage
1-2-48
4$1.25
25c
America
Below
class
20c
Bond
Bankers
12- 2
(accum.)
25c
preferred
(quar.)
Show, common (quar.)
Radio
11-28
1-2-48
Gold Mines, Ltd. (s-a)—
Products, class A (quar.)
41'Ac
preferred (quar.)
Bancroft (Joseph) <fe Sons
12-24
1-5
preferred
Company, new com
preferred (quar.)
Carpenter Paper Co., common
convertible
7%
5%
Investment
$1
Baltimore
11-28
4$2.12
International
11-14
Mills
(monthly)
Building, Inc. (quar.)
Balfour
11-28
10-29
475c
Extra
Canadian
11-10
Products
1-1-48
450c
11-14
Extra
Allied
11-14
450c
1
20c
1
+$2.12
1
(quar.)
11-14
12-
1-1-48
(s-a)
12- 1
12- 1
America
of
1
1-1-48
(s-a)
B
12-
Works, common (quar.)
preferred (quar.)
Manufacturing Corp. (increased)
12-
Ltd.—
Co.,
12-
Avondale
1-10
A
Alcohol
45c
25c
10-29
11-22
Ltd.—
Corp.,
25c
(quar.)
11-28
11-22
4$ 1.12'/a
25c
preferred
11-30
1-2-48
418%c
(quar.)
Extra
Ltd..
12-15
425c
(quar.)
com.
(quar.)
convertible
$1.65
Ltd.,
(quar.)
pfd.
preferred
conv.
Gear
15c
20c
Class
12-
10-31
Co., Ltd.
Electric, Ltd. (quai\)
Machine, Ltd., class A (quar.)
Industrial
A
11-20
440c
quar.
1
12-15
12-10
420o
Canadian Malartic
6%
Zeigler Coal & Coke
Canadian
$1.50
12-
11-15
4$2
450c
General
Canadian Ice
11-15
12-15
1
(quar.)
com.
Investment
11-28
(s-a)
(year-end)
(quar.)
12-15
12-19
12-
.
1
Class
Co.
12-15
1-15-48
4$1
Foreign
50c
Tack
11-28
425c
Wirebound
Atlas
12-17
1-26-48
4$ 1.12Va
(quar.)
Canadian
12- 5
11-28
(quar.)
preference
11-14
12- 1
12-10*
12-15
425c
Ltd.,
Products,
11-25
12-15
11-25
A
12-
12-15
$1.50
Ry
Class
Food
12-10
40c
2
1- 2
425c
$1
Co.
1
1-
Extra
Co.—
(Conn.)
12-
4$1.75
Canadian Fairbanks-Morse
Silk
Co.
420c
(quar.)
Safeway,
10-31
10c
11-15
11-20
ll-lO
12-10*
Ltd.—
Co.,
Canadian Car & Foundry,
Class A (quar.)
(quar.)
10-16
12- 1
12-20
415c
Canadian
Powder
1
preferred
Canada
11-24
4$1.50
Power
12-16
Atlas
12-
11-10
1,1-15
12-15
15c
$1.06%
(quar.)
11-21
1
$1.12%
1
11-15
437'/2c
12-30
12-
of
12-
B
Northern
Common
7%
3
12-15
Forgings, Ltd.—
1-25
10-31
(s-a)
Fe
11-18
11-
11-17
15c
(quar.)
(interim)
12-15
12-20
$1
11-10
A
37'/2c
Refining
$1.25
$1.06'/4
(quar.)
(year-end)
Wisconsin
Wool
(year-end)
Inc
12- 1
Class
11-10
Series
25c
(s-a)
1-14-48
Canada Foundries &
56%c
Atlas
11-20
5
Canada
11-20
1- 2
11-19
1
1
432'/2c
(quar.)
(quar.)
Atlantic
12-
$1.25
20c
(quar.)
Class
11-20
preferred
Imperial Diesel EngineA preferred
(quar.)
11-28
12-
450c
pfd.
6%
12-19
12- 1
12- 1
$4.25
11-14
25c
Corp.,
Products,
Wilson
Santa
Line
450c
Utilities
12-23
12-
2%%
12- 1
(quar.)
$1.50
preferred (quar.)
Condensing Co
Western
A
Railroad
5%
Western
12- 1
12-19
10-31
1
(s-a)
11-14
12-15
Washington Water Power Co.—
12-15
12-23
4
10-31
12-10
(Holding), Ltd.—
preference
12-12
12-12
5
11- 7
11-15
10c
&
50c
(quar.)
11-10
11-
1
12-10
435c
Electric Power
(quar.)
Cement, Ltd., $1.30 pref. (quar.)___
Canada & Dominion Sugar (quar.)
Canada Dry Ginger Ale, common
12- 5
12-
12-
California
12- 8
11-4
415c
5'/2 %
12- 1
11-4
12-
Extra
11-14
1
12-1
$2.14
25c
common
$1
Mills
Extra
1-21
4
12-
$1.12'/a
(quar.)_._
2-2-48
12- 1
12- 1
(quar.)
Line
Coast
40c
(quar.)
Wamsutta
11-20
12-12
49c
1
12- 1
5
11-
45c
$2
Atlantic
1
12-
1
30c
(increased quar.)
Corp.
$1
11-21
f31'/4c
12-20
4
12-
5
15c
7'/2c
410c
4$1.12'/a
(s-a)
Topeka
Coast
Common
11-21
1-5
12-
11-10
75c
12'/2c
quar.)
preferred (quar.)
Corp., class
B
$1.20
(year-end)
Manufacturing, Ltd. (quar.)
Dare, Ltd., 5% pfd. (quar.)
Electric & Power, $5 pfd. (quar.)__
Corp., class A iquar.)
B
Class
8
$2
(quar.)
1
11-
87'/2c
87V2c
(quar.)
Ltd., 4'/2% pfd. (quar.)„
Canada Wire & Cable, class A (interim)
Canadian Breweries, Ltd.
(quar.)
(quar.)
Goods,
preferred
Atchison
2
1-
common
(increased
Dry
2nd
12-23
$1.75
(quar.)
12-
50c
(quar.)
Financial
50c
(quar.)
Extra
(quar.)__
20c
Corp.
1st
6%
12-12
Co,
Brothers, 4'/2% preferred
Butler Mfg. Co. 6% pfd.___
Butterfly Hosiery Co. (s-a)
10c
$1
$3
25c
25c
$1
(quar.)—
(s-a)
Co.,
(quar.)
Machine
Butler
30c
Corp
Farms
Associated
25c
11-10
415c
5%
(irreg.)
Co.
preferred
Canada
Extra
12-10
Inc.—
35c
Inc.
partic. preferred
Participating
50c
U. S. Gypsum Co., common
Class
11-28
475c
(quar.)
Special
Viceroy
Virginia
Virginia
Visking
Arts
Artloom
Quarterly
U. S. Guarantee Co
preferred
—
2nd
1
1
15c
Cable & Wireless
Argus, Inc., common
Argus Corporation Ltd. com. (quar.)
4%% conv. preference (quar.)
Arkansas Natural Gas Corp., 6% pfd. (quar.)
Armstrong Cork Co., common
$3.75
preferred
(quar.)
Aro Equipment Corp., 4%%
pfd. (quar.)
Ltd.—
Investments,
class
United
Corp.
11-29
11-14
75c
(s-a)
12-15
11-28
50c
Ltd., class A
20c
$50c
J50c
(quar.)
1
30c
(quar.)
Corp
preferred
Arden
12-
$1.50 1-31-48
25c
11-28
(s-a)
(quar.)
Year-end
75c
75c
Special
Special
$3
1
$50c
Corp.
(s-a)
Elastic
6%
Archer-Daniels-Midland
1
1
*50c
United
National
6%
1120
12-
6-15
$1.75
50c
(year-end)
Corp.
United-Carr
Inc.,
preferred
1111-
12-
$1
(quar.)
Extra
Products—
preferred
Arcade Cotton Mills Co., common
12-
preferred
11-5
11-25
25c
(irreg.)
Co.
12-1
50c
25c
Mfg.
Burroughs Adding
25c
(initial)
preferred
11-28
& Paper Corp.
B
Writing Paper
12-10
60c
Class
B
75c
12-15
3'/2 %
11-15
12-1
37»/2c
(F.)
Burton-Dixie
Anheuser-Busch,
$1.75
convertible
12-19
11-25
$1.75
3*/2%
5
1-2-48
(quar.)___
common
12-
12%c
4%
12-
53'/aC
Co.,
(quar.)
12-15
(s-a)
11-7
12-23
11-22
Concen¬
&
Extra
Co.—
Bottle
(quar.)
12-27
(quar.)
11-28
$1.50
3
5
10c
Co.
11-
5
Post
Applied
11-18
12-
25c
Products
$1
50c
Anglo-Canadian Telephone Co.—
Class A
(quar.)
Anglo-Iranian Oil Co., Ltd. (interim)
1
Burlington Mills Corp., common
Mining
(quar.)
Extra
11-28
prior
Andian
Extra
8%
11-15
6%
11-20
12-
Metal,
Ancnor
12-10
12-23
Co
United Amusement Corp.,
7%
12- 1
$1
12-15
(quar.)
Co.
Union Wire Rope
6%
11-24
11-24
30c
Semi-annual
Union Bag
Extra
12-15
12-15
Burkart
' 12-22
Tobacco
American
—
quar.)
Troy & Greenbush RR. Association
Underwood
12- 1
$90
Transue & Williams Steel Forging Corp.—
Year-end
Treesweet
12-15
11-14
50c
Common
11-21
11-21
20%
preferred
4%%
Ampco
(Del.)
Co.
(increased
Land
&
Roofing
12-20
90c
dividend
Stock
Texon
American
Trust—
Texas Public Service
Cash
American
11-26
1
12-15
$1.75
Thermos
11-24
12-15
1
12-
Sullivan
&
Holdere
Payable of Ree.
12'/2c
50c
Foundries
Steel
12-
Hill
12- 5
trating Co.
47
40c
12-
5
When
Share
(year-end)
12-31
dividend
1st
12- 5
1- 2
Bunker
Ltd.
12-31
preferred
Stock
7%
Company
Fund.
20c
$1.75
Rolling
American
3c
(s-a)
(year-end)
proprietary interest
of
12-10
10c
(quar.)
certificates
Certificates
11-28
75c
(quar.)
Co.
8
12-28
36'Ac
415c
(quar.)
Terstegge
12-
Per
Name of
Bullock
20c
American
—
Holdere
Payable of Reo.
Santiary—
(quar.)
Mill Co
American Seating Co.
(year-end)
American Ship Building Co
American Smelting & Refining, common
Common (year-end cash dividend)
11-28
12-
When
Share
Standard
&
Special
7%
preferred
11-10
12- 8
93c
Telephone
Extra
preferred
11-20
40c
25c
27c
Sports Products. Inc. (.s-a>
Staley (A. E.) Mfg. Co., common
Standard
1
25c
12-31
12-31
11-15
37%c
Company
Radiator
Common
12- 5
12-5
11-5
11-15
40c
States
Southwestern
$3.75
11-30
40c
preferred (quar.)
preferred
Southern Spring Bed (quar.)
Orginal
4.32%
Name of
American
11-22
11-17
11-30
75c
(increased quar.)
Edison Co.—
Pulp Co.
Per
Holiere
Payable of Ree.
25c
California
Southern
Share
Co
(2035)
$1
1
48
THE
(2036)
Per
Name of
Company
Consolidated
5%
preferred
Consolidated
Consumers
Power
Co.,
preferred
Container
&
(quar.)
common
(Chicago)
(quar.)
-
Continental
Can
Co.,
preferred
$3.75
Cont.nental
(year-end)—
common
(quar.)
Casualty
(Chicago)
Co.
(quar.)
Extra
Paint
prior
Cooeland
Co to,
Inc.
Corrugated
quar.j
Co
Common
(quar,)
preferred
Drug Co.
Crown
Zellerbach
Forster
&
preferred
Cuban-American
(quar.)
(s-a)
Mfg.
Co.
Publishing
&
Ltd., class A (quar.)
Oil Corp
-
common
preferred
Delaware
&
Hudson
Rayon
Mfg.
Co.,
A
(final)
common
(quar.)
-
Inc.
House,
Doehler-Jarvis
(quar.)
(increased
quar.)
Extra
&
Dominion
preference
Dominion
(accum.)
Ltd.
(increased)
Chemical, Ltd.—
Stores,
Tar
Dominion
&
Common
voting
preferred
certificates
(quar.)
(quar.)
Aircraft
Douglas
trust
Chemical
(irreg.)
Co.
Co.,
common
preferred A (quar.)
2nd preferred (quar.)
$3.25
Drug
Co.
Corp.,
(quar.)
preferred
4%
(quar.)
Drewry's, Ltd.,
U. S. A., Inc
Eelectric Corp.
(reduced)
Dumont
Bradstreet
(quar.)
-
Massachusetts
Eastern
Street
Sugar Associates, $5 pfd.
Manufacturing Co.
(quar.)
Eddy Paper Co., Ltd.,
Dorado Oil
of
Simon
4y2 %
&
Precision
12- 1
11-13
General
Tire
12- 2
12-31
11- 8
1-2-48
1-2-48
11-24
12-18
12-17
11- 7
Works
(accum.)
(quar.)
class A
(quar.)
series C (s-a)
preferred A (s-a)
Mills, Inc., 5% preferred
General
Motors
Corp., common
$5 preferred (quar.)
(S. A.)
Gilbert
Corp.
Natural
Paso
4.10%
Gas,
preferred
Electric
Auto-Lite
Electric
Bond
common
(quar.)
Oil
Goebel
(resumed)
Company
(resumed)
Walker Dry Goods
r—
Drug Co., 8% preferred (quar.)—_
Empire &■ Bay State Telegraph Co.—•
4% guaranteed (quar.)
Empire District Electric, 5% pfd. (quar.)__
Emsco
Derrick & Equipment
(quar.)
Ely &
Equity Corp., $3 conv. preferred (accum.)—
20c
preferred (s-a)
Railroad Co., 5.% preferred (quar.)—
Eureka Pipe Line Co. (irreg.)
Erie
Fairbanks
Gregg,
Morse
&
common (quar.)
Co.
(irreg.)
Metallurgical
&
Traders
Co.
(quar.)
Mfg. & Engineering Corp.
Federal
Mogul
Screw
Works
(quar.)—
Corjjr,
Federal
Enamel
11-21
Interstate
5%
11-25
11-25
11-10
12-
11-10*
1
12-10
2-2-48
11-10
6%
5
11-19
Jantzen
12-15
11-25
5%
11-28
11-18
Jewel
11-29
11-25
Jones
$1
11-15
10-31
5%
12-15
12-
1
12-15
12-
1
12-30
12-20
12-
tl'Ac
(s-a)
Co.
(quar.)
Co.,
6%
5c
:
5c
C.)
(H.
preferred
(quar.)_
37 %c
1-
5
Gossard
12- 1
11-14
11-29
12-10
11-10
"-IO
11-10
12- 1
11-28
11- 3
11-20
convertible
$5
Gorham
preferred
W.)
Co.
Power
Grand
Union
Janet's
11-25
11-20
11-10
preferred
12-15
11-15
10-31
12- 1
11- B
1- 5
(N.
Y.)
Gulf
Oil
12- 1
11-13
Hackensack
12-24
12-24
12-17
1-2-48
12- 1
12-26
10-15
10-15
11-26
Hajoca
12-10
11-15
12-12
12-26
12-12
Hamilton Watch
Water
Co.
Hamilton
4%
Co.,
$$1.25
$30c
$38c
12- 1
11-25
12- 5
11-14
10-31
11- 5
$87y2c
±25c
$$1.25
12- 1
2-2-48
2-2-48
11-15
Hancock
12-31
12-31
12- 1
12-15
11-10
11-17
$25c
2-2-48
$25c
2-2-48
$25c 1-2-48
$2.50
11-24
25c 1-15-48
$1 1-15-48
81'Ac 1-15-48
15c
12- 1
50c
1- 1
15c
12-10
7V2c
12- 1
30c
12-10
1- 2
1- 2
12- 1
11-10
1- 2
1- 2
1- 2
1
11-15
7%
1
11-10
Lane
12-15
12-15
11-18
25c
12-10
11-25
3-10-48
2-25
Co.,
11-15
11-
12-
1
11-15
Laura
12-
1
11-15
Lawrence
12-
1
11-15
12-
1
11-15
$1.06'A
(quar.)
Refractories,
(quar.)_
com.
(quar.)__
50c
12-12
12-
12-
1
11-15
12-
1
11-13
common
12-23
12-12
12-12
&
Wholesale
11-20
12-22
11-22
Harshaw
Chemical
Hartman
Tobacco
Haskelite
Mfg.
11-15
11-20
Hathaway Bakeries,
Havana
Co.
Electric
Co.,
Lewis
McNeill
Life
12-15
12-
5
Liggett
12-15
12-
5
&
conv.
Myers
Tobacco
12-15
12-
1
Lindsay
1-
5
Lion
12-12
12-
1
12-
11-20
Light & Chemical
(increased
Corporation
Little
30c
1-2-48
$1.50
25c
50c
$15c
$1.25
75c
$25c
12-15
12-12
1-2-48
12- 1
11-20
11-25
12-15
12-15
12- 1
11-28
12-19
11-15
10-25
11- 5
11-17
11-3
Hendershot
12-15
12-15
12-26
11- 3
11- 3
Hobart
12- 8
Holland
11-28
11-14
Extra
Hotels
4%
Holt
Co.
Furnace
12-
Honolulu
12-15
11-13*
12-15
12-31
11-28
1-2-48
(Henry),
&
5%
$1
12- 1
$1.25
12- 1
$1 1-25-48
$1.25
12- 1
10c 1-1-48
$1.25
12- 1
50c
12- 1
50c
12- 1
Howard
Stores
Co.
(N.
Y.)
Hudson
Bay
Hudson
Motor
Humble
Oil
Hunt
11-28
11-14
5%
8
11-28
11-15
$2.50
$2.50
1-2-48
4-1-48
12-16
3-16
12-10
11-20
7%c
11-28
11-14
12-10
11-28
12-15
12- 1
12- 5
Corp.,
preferred
Howell Ele-ctric
11-
common
11-20
Loblaw
1
11-20
Lock Joint
12-
1
11-15
Lone
37 %c
12-
1
11-15
Long-Bell
Mining
&
Groceterias,
&
Inc.
Pipe Co.,,8%
Star
Gas
Co.
Lumber
$4 class A
(quar.)
preferred
(quar.)__
(accum.)
&
(W.
Nashville. RR.
M.),
M.
12-10
11-20
Ltd.
MacLaren. Power
12-
11-14
Macwhyte
$75c
10c
1
Extra
Mahon
12-15
11-14
11-
6
11-10
1 It 15
5%
50c
11-30
11-15
11-15
tion
Extra
4'A%
(quar.)
preferred
International
Co.,
Mastic
11-20
11-
3*
12-
8
10-
9
$25c
12-
1
$10c
12-31
pfd.
cisco)
Fund
Indemnity
Co.
(quar.)
(San
Corp.
Asphalt
$3.75
preferred
11-18
Maytag
11-18
1
11-18
75c
12-15
11-15
$1.50 convertible
partic.
preferred
(quar.)
$37 %C
12-
1
11-18
1*
1*
11-29
11-14
11-29
11-14
12-
1
11-15
12-
1
11-15*
12-10
3-10-48
12-
1
11-21
2-2$
2-23
11-
'
t*
12-
1
11- 4*
12-
1
11-
4*
12-
1
11-
4*
12-
1
11-7
1-2-48
12-22
12-
8
11-21
12-1
11-1$*
12-
1
11-
12-
1
11-17-
12-12
1-15-48
1
11-3
12-15-
11-15
1-2-48
12-15
12-12
10-14
11-25
11-
5
U-14
11-15
11-14
12-5
11-14\
11-28
11-14
12-10
11-30
1-15
1-
3^
11-21
u-10'
11-20
10-31^
1-2-48
12-
5
12-28
10-31
12.15
12*1"
25c
11-29
11-17-
12-15
rc
'
t5c
(quar.)___
75c
•'
12-
1
-
n.20
12-1
1(K23'
11-15*
85c
1
11-15
]2.
t
n.15-
933Ac
series
12-
933/4C
(quar.)_
1947
11-29
12-5
50c
(year-end)
Company
1
8
12-
2%%
12-
1
11-15
Mc'Brine
(L. M.) Co., Ltd., pfd. (s-a)—
McClatchy Newspaper, 7% preferred (quar.)
McColl-Frontenac Oil, Ltd.
(interim)
25c-
i2.l5
12-
50c.
•
Extra
12-
1112-
$1.25
May Department Stores, common
$3,40
preferred
(quar.)i
11-14
12-
11-20
12-19
12-19
Communica¬
(interim)
Matachewan Consolidated Mines, Ltd.—
mterirn
L
preferred
$20c
1
25o
(quar.)
Corp.
$3.75
$ 15c
Extra
Fran¬
11-12
$1.06'A
(quar.)_
___
Firemen's
l
$1
Marine
Ltd.,
Masonite
3%
11-12
12-
25c
(quar;)
(quar.)
12-
3*
1
30c
(irreg.)
11-15
10-27
11-
12-
$50c
Marathon Corp. com.
12-20
11-
1
25c
conv.
1
11-20
11-10
12-
12%c
12-20
11-20
12-31
11-28
15c
(increased)
12-30
5
1-31-48
11-3
$3
%c
(s-a)
(quar.)
$1
15c
quar.
Co.
Paper
$1.25
15c
(quar.)
&
Company
ordinary
Mar-Tex Realization,Corp
12-
Co.
Square Garden Corp. (quar.)
C.) & Co., new common (initial)
Marconi
12-
12'/2C
11-15
$17%c
(quar.)
Consolidated:
Company,
Manati Sugar Co.
11-30
45c
(quar.)
& M.
Maltine
12-10
1
1
88c
(R.
$1
12 %C
11-10.
12-
$1.50.
:
Madison
25c
(quar.)
M.
11-14
12-
1
&
12-
5
1
37 %c
Mackintosh-Hemphill
11-14
5
12-
$1.20
(quar.)
Co.
11-10
1
1
12-
$1.85
Lunkenheimer
12-
11-15
12-
—
Lowney
12-
11-10,
25c
(Md.)
1
12-20
1
$2
(quar.)
Corp.
3
1
12-
20c
"B"
12-
J.
12-22'-
$25c
"A"
12-30
1
1
12-31
f25c
both
Louisville
12-
12-
$12%c
(quar.)
on
11-21
15c
Imperial Chemical Industries, Ltd.—
Ordinary (interim)
Imperial Oil, Ltd.. (s-a)
Imperial Tobacco Co. of Canada, Ltd
Imperial Varnish & Color Co., Ltd.—
Increased
(quar.)
Extra
11-
12-15
1
12-15
Ltd.—
11-21
$1.06'A
,
(extra)
&
common
Co.,
11-26
1
7
12-
75c
12-15
50c
Co.
(quar.)
Co.,
12-
50c
Smelting
(quar.)
Refining Co
Co.
25c
:
Long-Bell Lumber Co.. (Mo.) (year-end)
Lord & Taylor, 6%
1st preferred (quar.)
37 %c
(quar.)
5% preference series A (quar.)
Huttig Sash & Door, 5% pfd. (quar.)__
Hydraulic Pressed Brick, $6 pfd. (accum.).
Zinc
5
75c
—
Power
5
12-
$1.25
Car
preference
12-
(quar.)
$1.06'A
Extra
Illinois
1
12-
12-20
11-
50c
Lynchburg & Abingdon Telegraph
(quar.)
Motors
Foods, Inc., common
Idaho
12-
—
!
11- 7
12- 5
11-15
11-14
11-15
11- 4
11-14
12-22
Hardart
Extra
4'A %
B
12-20
11-19
1
12-15
50c
30c
(quar.)
(quar.)
(Joseph) Co., 6% preferred
Houston Lighting & Power (quar.)
12-31
A
Class
1-20
40C
11-29
12-
$1 10 3*10-48
$1.25
A
Home
11-28
11-28
35c
class
non-cum.
Corp.
preferred
11-20
11-15
12- 1
12-16
12- 1
$1
Oil
(year-end)
Electrochemical, common
$4.25 preferred (quar.)
Horn
Class
12-16
30c
Hooker
25c
25c
50c
11-18
12-26
60c
10-30
5
11-28
1-30-48
50c
class A (quar.)_
(increased quar.)
Co.
Groceterias
25c
(quar.)
Co.
Belt
25c
Manufacturing Co.,
12-22
25c
Corp.
E.)
Link
25c
Corp., common (quar.)
preference (quar.)
(Chas.
11-20
40c
(quar.)
25c
convertible
Hires
11-28
4r
25c
(quar.)
(quar.)
12-15
11-15
2
50c
(quar.)
,
Loblaw
—
Hilton
guaranteed
Special guaranteed
Original capital
11-14
12-17
12-
11-26
RR.—
Special
12-15
25c
Hibbard-Spencer-Bartlett & Co.—
Monthly
Monthly
Monthly
Miami
12-12*
1-2-48
12-
87%c
Liquid Carbonic Corp., common
3%%
preferred (quar.)
25c
11-26
12-11
25c
11-15
$25c
11-14
50c
(quar.)
11-15*
(irreg.)
1
12-15
12-15
$1
1
10-21
Ltd.
12-
2'
25c
(irreg.)
12-15
(quar.)
11-24:
$25c
quar.i
11-25
Co.
11-24
8
30c
Co.
11-15
Paper Products,
Hewitt-Robins, Inc.
(quar.)
11-
8
12-
37 %c
Oil
25c
Mining
1
12-
31'Ac
(quar.)_
Extra
50c
(quar.)
12-
15
50c
(quar.)
75c
Co.
11-3
$1.70
Hayes
Glass
1
$1
(irreg.)
12-15
11-17
Hazel-Atlas
il
12-
$3
(quar.)
Libby (year-end)
&
Corp.
11-20
(accum.)
11-15
1
37%c
pfd.
12-31
11-28
preferred
1
12-
$1
Extra
Pineapple, Ltd. (year-end)
Industries, Inc. (resumed)
12-
$20c
iquar.)
(s-a)
12-10
1st
9.30
35c
Ltd.
Co.
5c
6%
11-15'
17c
Extra
Lionel
12-15
V
$1
Savers
1-15-48
1
11-10
J75c
(accum.)
Brothers, Ltd.
Libby
12-12
25c
(quar.)
Shops,
5%
12-12
25c
Inc.
11-10
25c
Cement
12-23
Utilities—
&
11-
11-19
11-29
50c
Candy
12-23
12 %c
(resumed)
11-15
25c
quar.
Portland
Electric
37 %c
(quar.)
Co
Corp.
12-22;'
11-10
1
15c
(quar.)
12 %c
Co
11-10
12-
$$1.75
(year-end)
(quar.)
$1.25
Extra
1
12-29
$40c
Machine
5c
Harrison
11-18'
12-
30c
$1.25
preferred (quar.)
preferred (quar.)
2nd
12-11
$1
Leland
12-23
6
3
11-15
11-15
Ltd.—
(James) & Sons Co. (quar.)
Lehigh Coal & Navigation
Lehigh Portland Cement (quar.)
15c
(quar.)
1-
12-
11-25
5c
Lees
1-20-48
12-13
1
11-28
$i8c
Lawyers Title Insurance. 6% preferred (s-a)
Le Tourneau (R. G.),
Inc., $4 pfd. (quar.)_
2
10-31
$1.25
Milling,
Inc.
Secord
40c
Corp.,
(interim)
(quar.)
Co.
Increased
$1.50
Extra
Ltd.
Extra
$1.60
(year-end)
common
12-
11-20
$0.2134
pfd. shares
Products
Langley's Ltd., 7% conv. pfd.
Lansing Stamping Co. (irreg.)
Lanston Monotype Machine—
1
12-23
50c
50c
(quar.)
Mines,
Bryant,
50c
A
11-10
35c
American
A.,
Clay
Foundry
75c
class
11-15
12-10.
11-25
15c
Extra
Co.—
quar.)
(irreg.)
S.
12-15
$1.20
Extra
11-18
$1
(irreg.)
common
Woods
Lane-Wells
25c
(quar.)
11-15
15c
12-
Lakey
11-20.
12-26
$1.21%
(quar.)
preferred
(quar.)
$22 %c
(quar.)
preferred A (quar.)
Common
11-15
(quar.)
4'/2%
(quar.)
the
25c
A.)
Harnischfeger
5%
12-
1
50o
Co
preferred
of
11-10
(Calif.),
preferred
5%
11-15
25c
preferred
6%
1
Common
1
(quar.)
(M.
$4.25
12-
11-20
12-
500
Dufault
5%
12-31
12-15
10c
Shore Mines, Ltd. (quar.)
Superior District Power Co.—■
Lake
2-
I.
15c
Lake
11-15
1-
11-20
37'/2c
Lake
1
Extra
Hanna
(quar.)
11-21
12-
Extra
B
common
11-21
&
Consolidada
12-
(quar.)
Co.
Co.,
12-22
H.)
Laclede-Christy
11-17
12-1
11-20
16c
(quar.)
1-2-48
1
12-15
1-15-48
5%
dividend)
(irreg.)
12-
25c
Oil
(stock
series
12-18
(S.
t7c
(quar.)
Class
Creamery
preferred
25c
Instrument
preferred
interest
11-10
1
11-14
25c
12-10
12
1
$1.25
(quar.)
Kroger Company,
Kysor Heater Co.
12-
4
12-
3c
common
11-13
50%
4
30C
(quar.)
1
1
12-12
1212-
e'Ac
common
Co.
12-
11-
12-20
1-5-48
1-1-48
$0.8152
(quar.)
Kroehler Mfg. Co.,
1
i
5c
(quar.)
(increased
6%
Industries,
Manufacturing
Kress
12-
11-25
1
$1.0557
11-13
75c
common
Common
Oil
(final)
11-20
X200
11-
12-
11-25
25c
(quar.)
1
85c
—
dividend)
preferred
Common
Co.
12-
5
U-18
95c
Koehring Co. (increased quar.)
Kresge (S. S.) Co. (quar.)
Lake
(s-a)
Ltd.
convertible
Hammond
(quar.)
preferred
(interim)
Ltd.
Cotton,
60c
3
12-10
Light—
75c
(stock
Inc.
Stores,
11-
I
11-10
1
50c
$1.25
(quar.)
Mines,
11-14
I
12-
12-
$1.25
12-15
50c
Bros.
1
11-24
12-
12-15
25c
Beneficial
La
Extra
Hale
Hallnor
&
(D. Emil)
& Co.
Knickerbocker Fund—
Co.—
Brewery
Corporation
dividend
Power
preferred
(Julius) &
Knudsen
12-
12-15
12-15
60c
common
(quar.)
$1.50
preferred
(increased)
a2 %%
a2 % %
25c
62 %c
12 %c
37%c
City
A
$1
(initial)
Corp.
Co.
Laughlin; Steel,
Klein
—
Co., common
Special
Gypsum Lime & Alabastine (Canada)—
Quarterly
Cash
6
1-15-48
11'Ac
(quar.)
50c
Tea
Co.,
Western
common
pfd.
Extra
6
11-
1
1
12-15
12-15'
$1.25
45c
(quar.)
(quar.)
$1.75
Pacific
Ry.
Shops,
Kinney (G. R.) Co.,
$5 prior preferred
11-19
t30c
(quar.)
Northern
New
11-
12-
10c
Great
12-2J
12-
12-1
12-31
12-31
40c
A
preferred
$1.20
&
Quarterly
&
Keystone
1
11-10*
30c
Extra
11-14
12-
$2.50
Tea
Kayser
11-14
50 c
AWrican Indemnity Co.
Great
12-15
12-15
11-12
12-12
1
25c
(quar.)
Kerr-McGee
12-15
1
12-
Knitting. Mills—
3.80%
8
35c
(quar.)
Apparel
preferred
Kansas
11-20
12-
1-10-48
$75c
(quar.)
common
11-19
12-
11-24
30c
(quar.)
11-22
1
12-10
93%c
preference
Service,
12-
12-
11-14
11-14
$1.25
12-12
12-31
11-14
1
1
22 %c
(interim)
Kentucky Utilities, 6% preferred
7% junior preferred (final)
1
1
12-
12-
Ltd.—
11-22
$1
Co
Great Atlantic &
Co., common
preferred (quar.)
Foundation,
11-15
35c
Granby
(The)
1
$1.25
Inc., 5% preferred (s-a)
Consolidated
Mining
Smelting
Co., Ltd. (s-a)
(quar.)
12-12
$2.50
(quar.)
com.
(irreg.)
Extra
Graflex,
11-17
12-2S
$1
37 %c
(quar.)
Manufacturing Co.
(H.
(quar.)
Corp.
Mfg. Co. (quar.)
Machine Co. (increased)
12-12
12-
50c
_
Fireman
2-2-48
11-20
$1.50
Utilities
preferred
Jaeger
11-201
12-20
f25c
Corp
Silver
convertible
Iron
u.15:
1
12-20
$1
Public
$3.75
12-15
12-
$2
prior
Iowa
11-13
1-
Products
International
15c
12- 2
183/4C
-
B.)
11-28
12-15
1-15-48
Ltd.—•
Year-end
1
25c
(s-a)
Brick
Goodyear Tire & Rubber Co.,
(Syracuse,
Ins.
(quar.)
Quarterly
(A.
11-13
12-
25c
11-15
11- 1
11- 1
12- 8
12-20
25c
50c
Corp
Life
Y.)
Farquhar
12-
25C
(quar.)
12- 1
$1
Farjardo Sugar Co. of Porto Rico
Farmers
International
11-13
10-31
1-15-48
Ltd.—
Year-end
11-18
25C
State Co., Ltd., 4%
pfd.
Goodall-Sanford, Inc.
(quar.)
$15c
25c
(irreg.)
-
Fansteel
11-14
1
25c
(quar.)
C<p., Ltd.
Extra
50O
Ltd.
Falstaff Brewing Corp.. (quar.)
Nickel Mines,
Extra
1
1
11-20
12-31
$25c
12-
75c
Company, preferred
Mfg. Co
Brewing
75c
Corp.
Emerson
Falconbridge
International
$1.25
Extra
25c
Co
Elliott
Coe* &
11-15
$1
common
Golden
12- 1
$1.02%
(quar.)
Share
&
1
12-
1
10-31
|40c
International Petroleum Co.,
Bearer
(s-a)
25c
Equipment
Shale
Canada,
11-14
12-
843Ac
(quar.)
Bennett
&
of
11-10
75c
Gerrard
Co.
1
12-15
10-31.
$1.75
11-18
933Ac
(quar.)
Advertising,
Rubber
&
(quar.)__
com.
(quar.)
Nickel
11-30
11-30
12-10
|40c
Investment
$4 preferred
12- 5
11-17
12- 1
12- 1
12-18
12- 1
preferred
12-
12-
3
$1
Quarterly
15c
5%
1-1-48
12- 1
$37%c
$17 %c
50c
25c
50c
50c
100%
60c
dividend
Stock
International
12-22
$1.75
(quar.)
General
Globe
11-29
12 %c
Inc
Cigar, 7% preferred
General
Dry Batteries
General Finance Corp.—
Outdoor
12-15
Co.,
Special
$1
(quar.)
Bottlers,
General
preferred
11-24
25c
*
11-14
Publishing—
Registered
(quar.)
$3.75
11-24
56 %C
common
Co.,
preferred
12-10
1-2-48
62 %c
(quar.)
Freeport Sulphur Co.
Trailer
Preferred (accum.)
International Harvester
(quar.)
Extra
preferred
1
$1
11-20
Co.—
convertible
n- 3
12-
30c
Educational
1
25c
(quar.)
1
25c
Machines
12-
$0.0231
(irreg.)
receipts
Works
11-
i2-
$1.50
shares
Business
International
100%
dividend)
(stock
12-12
1
20c
bond
11-20
France—
deposit
Bridge
Franklin
Hecla
Extra
Ferro
Co.
General
Railway—
preferred A (quar.)
*
Eastern Steamship Lines, Inc., com. (quar.)
$2 convertible preferred
(quar.)
Eastern Steel Products, Ltd. (quar.)
1st
Federal
Motor
11-13
Ltd.—
Co.,
(stock dividend)
Duplan Corp.
N.
Ford
Pitt
shares
and
1
$1
Corp.
11-10
12-
$110
(year-end)
Shares, Ltd.—
12-
7%
11-14
1
1-2-48
$1.5,0
Co.
50c
(quar.)
(quar.)
Machinery
American
Stock
1
12-
20c
$1.25
Hawaiian
-
Tire & Rubber Goods
preference (s-a)
1st
Faber
preferred
Food
Fort
Aviation
12-
Ji.50
Steel
17 %C
Year-end
(quar.)
(quar.)
International
Ltd.—
preferred
(quar.)
Flintkote
Company, common
$4
Co.
50c
Stores,
7%
A
(quar.)
Special
Inland
Institutional
& Dock Co.—
Co., class
A
Holdert
Payable of Rec.
25c
$62y2c
4%
Extra
Dunlop
Dredge
Water
preferred
When
Share
Water
25c
Harbison-Walker
(quar.)
Common
El
$1
$1.25
$1.60
Stores—
$1
__T
Fitzsimmoi.s
$75c
$37V2C
preferred (quar.)
Bridge Co., Ltd. (quar.)
Dominion Coal,
Ltd., 6% pfd. (accum.)—
Dominion Envelopes & Cartons Ltd.
(West¬
ern!,
7%
preferred (quar.)
Dominion Malting Co., Ltd., com.
(quar.)—
0preferred
(quar.)
Dominion-Scottish Investments, Ltd.—
5%
El
Resumed
12-16
Ltd.—
Anglo Investment Corp.,
Dominion
Eaton
Simons & Cohnell
37 %c
Co
Co.,
Cup
Class
Eastern
Fitz
50C
Match
Special
4*
11-15
to
5c
&
Ingersoll-Rand
11-15
1
Co.
H.)
12- 1
$4 1-15-48
(s-a)
Co., Ltd., ordinary
Distn.ers
5%
1
12-
Griesedieck
(quar.)
Tunnel
River
12-
25c
4%
$5
35c
25c
6O0
(accum.)
(quar.)
(irreg.)
common
preferred
25c
Extra
General
11-15
5%
Quarterly
(M.
Company
Gas
Indianapolis
5
11-14*
11-14*
(quar.)
11-10
10-29
12- 1
11-17
11- 8
11-14
11- 7*
11-21*
12- 5
11-29
12-
11-14*
11-10
12-17
1
1
J}"1®
$1.75
& Electric Corp.
Gas
&
40c
1
1
7%
certificates for preferred
Diamond
Dun
12- 1
12-1
12- 1
12-30
12-15
12- 1
11-18
11-29
11-29
Western RR.—
Grande
Rio
&
Dravo
*25c
$$1.25
17 ho
a2%'%
933Ac
28'/sc
$1
4%c
20c
Co.,
Derby: Oil Co.,
Dow
11-17
11-14
50c
$1.50
class A
Co. (quar.)
class A (extra)
Dentist's Supply Co. of N. Y.
1%
preferred (quar.)
Detroit
12-lo
12-15
11-18
15c
$1
(quar.)
Co.
Dempster Mill Mfg.
Escrow
1-2-48
35c
(quar.)
Products
Floor
Delaware
Dennison
11-29
1-2-48
12-15
11-14
11-14
11-14
12-13
12-
^
(quar.)
Co.,
Delaware
11-29
11-29
quar.)
12-
1-1-48
12-
11-14
1-2-48
$1
B
Rock
$4
11-25*
12-15*
11-14
$1.13
$1.75
30c
Extra
$1
12-15
75c
prior preferred (quar.)
7% preferred (quar.)_
Metal Door Co.
(year-end)
Leather Co.,
Class
Dow
12-15
1-2-48
12- 1
$1
30C
12-
Godman
Sons,
Dahistrom
5%
50c
93%c
40c
Co.—
($3 cum.)
Cushman's
Dixie
12-15
(s-a)
(increased
11-15
5c
Fishman
Per
Name of
Payable of Rec.
$1.25
Glen-Gerry
5% preferred (quar.)
(Missouri)
(year-end)
Curtis
Dobbs
12-22
$1.75
Atlantic Sugar,
0,.
30c
$1.12%
preferred
common
preferred
Girdler
(year-end)
common
Derby
12-15
$1.05
$1
t$1.50
$2
(quar.)
Sugar Co.—
Cuban
Denver
12-31
Corp.—
8% preferred (quar.)
Securities Corp.—
& Forster,
7%
30c
Holderi
„
(quar.)
$2
Corp.,
When
Monday, November 17, 1947
Indiana
Extra
11-20
5
preferred
General
(s-at
preferred (quar.)
$4 coixvertible 2nd preferred
Crows Nest Pass Coal Co., Ltd.
$4.20
Deere
11-
50c
10c
(quar.)
Crown
Deep
11-5
11-20
Ltd.—
Box Co.,
preferred (quar.)
Cory Corporation
(quar.)
Courtaulds, Ltd.
(interim)
Crane Co., 3%%
preferred (quar.)
Cribben & Sexton, 4% % preferred (quar.)__
Crompton & Knowles Loom Works
Crown Capital Corp., class A (quar.)
Crown Cork & Seal Co., Inc., common
Davis
11-20
12- 1
4%%
CHRONICLE
Co.—
Fruehauf
(quar.)
Paper
5%
$4
5%
25c
40c
(increased
preferred A (quar.)
Refrigeration Corp
Range
Curtis
12-12
75c
10c
(extra)
Extra
Copper
7%
1-2-48
$1.50
25c
preferred (quar.)
4%%
Co.,
Varnish
&
Common
Crum
Carpet Co.,
3c
Continental Gin
Crura
York
Firth
40c
Co.
Extra
$2
First
10-29
11- 7
50c
common
(quar.i
Continental Assurance
$3
11-12
11-29
11-20
$1
of America,
preferred
Cook
11-27
50c
Corp
bxtra
*,"><
12- 1
Share
Rubber
&
50c
(quar.)
11-15
Company
Tire
t50c
50c
$1.12%
Paper Co
(quar.)
FINANCIAL
Per
Name of
$50c
Power
&
Holdert
Firestone
(quar.)
Water
When
Payable of Rec.
Ltd.—
Mills,
Glass, Ltd.
Consumers
$4,50
Share
Textile
COMMERCIAL
12-15
12*
$50c
433/4C~
$50c
1-1-48!
1
12-1$^
ll-30>
11-20
12-1
11-15
9———
THE
Number 4647
yolume 166
COMMERCIAL
&
FINANCIAL
CHRONICLE
4*
(2037)
n
mrni
When
Per
'
Name of
McCord
Company
Share
Common
Mclntyre
62'Ac
(quar.)
*'
(increased)
Porcupine
Year-end
McKesson
Mines,
2nd
preferred
Motor
Car
Public
Co.,
Railroad
12-
1
11-
4
12-
1
11-
3
12-
1
11-
3
62'/2c
1-
2
12-15
Steel
12-
1
11-15
pfd.
(quar.)
1-15-48
11-20
97'/ac
1-2-48
Industry Series-
Diversified
1
11-20
Diversified
1
11-15
12-
1
11-
3c
12-
1
11-18
11-14
15c
12-15
11-14
Pacific
Coast
Newmarket
Noranda
$1
prior
preferred
$1
$1
prior
prior
preferred
preferred
$1
prior preferred
&
New
9-20
1-2-48
12-20
4-2-48
3-20
25c
7-2-48
6-20
Power,
25c
10-2-48
9-20
Potomac
50c
(quar.)
A
80c
12-10
12-
1
11-20
will
(in
share
12-
1
11-20
12-
1
11-20
proval
12-
1
11-20
Cash
$1.50
12-
1
11-20
preferred
Mission Corp.
Tool
Works, Ltd.
Carpet Mills
Monarch Machine Tool
Chemical
Monsanto
pfd.
series
$3.50
pfd.
(quar.)
Co., common
A (s-at
(quar.)
1st
___
Finance
Brewing Co.,
1
11-15
1
11-15
12-16
11-28
11-30
11-14
convertible
Mutual Chemical
A
Ohio
Power
11-17
Ohio
River
12-15
11-14
Ohio
12-15
11-14
Oils
of
Automotive
Biscuit
Co.,
preferred
National
Cash
Co.,
Common
Stock
(cash
each
4'A%
dividend
quar.)
(15/1000
held)
share
of
share
a
$5
Erie
non-cum.
1st
3%
non-cum.
2nd
National Gypsum
National Hosiery
National
Lead
National
Linen
Tea
Co.
of
7*
5
Palestine
Panhandle
Eastern
12-10
11-15
Common
11-
5*
11-19
12-
1
11-12
1
11-12
Peabody
7%
preferred
Peninsular
12-
11-18
A
(quar.)
$1.75
12-15
11-24
(quar.)
15c
1-2-48
12-15
1-2-48
12-15
$1.25
1-2-48
12-15
Co., common
(s-a)
Brothers
Peck
2
com.
(quar.)
25c
12-
1
11-14
25c
12-22
12-12
25c
11-29
11-14
50c
12-
11-
1
7
$1
__
Corp
11-21
11-12
75c
12-15
11-28
$3.50
(year-end)
(quar.)
(Herman)
2
12-
$1.12'/a
Corp.,
Co.,
Cement
12-
12-13
5
12-15
11-28
12-15
11-29
20c
Extra
20c
Mur
Bedford
Co.,
class
Cordage,
A
12-
5
12-15
12-
1
1'
New England
Co.,
Lime
Co.,
(irreg.)
preferred
class A
(irreg.)
___
1
11-
1
1
11-
1
1212-
$1
11-25
25c
common
12-15
11-14
12-
1
12-
1
$3
12-10
11-20
5c
Brake
1-2-48
$1
Jersey Zinc Co. (irreg.)
Park Mining Co.
(irreg.)
New York Air
1
$3.50
(s-a)
Rayon
12-
50c
preferred
Bedford
11-29
11-
50c
common
Class B
York
1-5-48
15C
(accum.)
12-15
25c
12-13
11-22
12-
11-14
50c
1
Corp.—
(voting)
stock
Participating stock
75c
11-24
11-14
75c
(non-voting)
11-24
11-14
New- York
Stocks, Inc.—
Agricultural Industry Series
Special
Automobile
Industry
Series
Industry
Series
Industry
5
11-
5
11-25
11-
11-
5
11-25
11-
5
4c
11-25
11-
11-25
11-
5
11-25
11-
Stock
Series
Series
Series
:j„l
Special
.
&
12-
12-23
12-12
12-23
12-12
11-20
11-10
11-29
11-18
11-29
11-
8
12-
11-
1
1
11-21
12-10
1-2-48
11-25
11-
12-
11-15
1
1
12-
12-15
3
12-22
11-
3
12-22
11-
3
$4
12-22
11-
12-
11-17
1
3
12-15
12-
1
$1
11-25
11-
5
12-15
11-28
$1
1-2-48
12-16
50c
12-19
11-28
25c
common
12-
11-20
1
12-
1
$1.06'A
12-
1
11-20
ft-15
11-29
$35c
-
11-20
3.70%
Co
Perfex
Peter
Paul,
(quar.)
11-15
12-15
4-
1
92'Ac
12-
1
$1.10
12-
5
3-15
2-5-J8
12-
1
11-
1
11-
1
12-22
$1.37'A
Inc
Corp.
(quar.)
(The)
Company
Brewing Co. (quar.)
,
1
11-22
12-
1
11-21
$1.75
12-
1
11-20
12-10
11-19
30c
(quar.)__
12-
12-
$1.12'A
(quar.)
pfd.
7%
12-15
$1
30c
Gear,
1-15-48
$2
(quar.)__
common
11-20
11-10
5
11-20
25c
12- 1
12- 5
25c
Electric,
12-
30c
12-31
12-
1
25c
12-31
12-
1
25c
common
-
preferred
(quar.)
Philadelphia Suburban Transportation—
Quarterly
5
11-15
11-15
12-
1
11-15
25c
Suburban
Water,
(quar.)
preferred
common—,.
12-
1
11-15
20c
12-
1
11-12
Johnson
&
American
deposit
Bowes, Inc.,
(quar.).
.
91'Ac
12-
1
11-12
$1.25
10-31
10-20
75c
11-29
11-
50c
„
Phillips-Jones Corp., 5% preferred
Phillips Petroleum Co.
(quar.)
Pillsbury Mills, common (quar.)
$4 preferred
(quar.)
12-
11-12
1
7
1-15-48
1-
2
Extra
preferred
(quar.)
11-
12-12
11-15
12-12
11-15
53'Ac
(quar.)
12-15
15c
10c
common
1-2-48
12-20
7'A%
7
preferred
(s-a)
$1.50
12-
$1.37'/2
12-
1
11-14
$1.37'A
12-
1
11-14
62'Ac
12-
1
11-14
$1.75
12-
1
11-20
50c
12-
5
11-10
1
11-15
prior preferred
ment
1st series
(this pay¬
clears
all arrears)
preferred series A (quar.)
preferred series A (initial)
5'A%
5%
prior
5
11-
5
Pittston
11-25
11-
5
Plymouth
11-25
11-
5
11-25
11-
5
11-25
11-
5
11-25
11-
5
Stock
Poor
&
(initial)
Oil
Co.
(cash
dividend)
Extra
Pure
class
A
11-25
11-
5
11-25
11-
5
Potash
11-25
11-
5
Power
lie
t111-25
11-
5
6;%
1st
5c
11-25
11-
5
6%
non-cum.
Co.
of
Corp. of Canada, Ltd., com. (interim)
preferred
(quar.)
partic.
preferred
(quar.)
11- 5*
12-19
11-
12-
1
11-15
12-
1
11-15
37'Ac
(quar.)
12-19
12-
1
11-15
35c
preference
25c
50c
America
12-31
11-2®
$1.75
12-31
11-2®
30c
60c
15c
1-1-48
12- 1
12- 1
preferred—
Oil
Co.,
,
Putnam
(quar.)
common
preferred
(George)
Quaker
Oats
Quebec
Power
Fund
Co.,
Co.
(quar.)
(quar.)
Oil Refining (year-end)
Stores, Ltd. (irreg.)
Company (quar.)
Co., 4% non-cum.
Fair
Company
1st
11-29
11-25
12-15
12-15
12- 1
12-11
12-15
12-15
50c
(quar.)
40c
30c
$1.18%
(quar.)__
35c
Regent Knitting Mills, Ltd.—
$1.60 non-cum. preferred (quar.)
Mfg. Co., common (quar.)
3'A% convertible preferred (quar.)
Remington Rand, Inc., common
$4.50
preferred
(quar.)
Republic Investors Fund, Inc.—
Corp.
Rochester
4%
Gas
5 %
class A (quar.)
Co.,
(quar.)
(quar.)
series A preferred (quar.)
prior preference (quar.)
Brothers, Inc. (quar.)
Roxy Theatre, Inc., $1.50 preferred
Rqyal Crown Bottling Co. (Ky.) —
(quar.)
(quar.)
preferred
(quar.)
(Jacob),
common
preferred (quar.)
Royalty Corp
Saco-Lowell Shops
(irreg.)
St. Regis Paper Co.
(resumed
quar.)
11-25
12-20
12- 1
12-15
11-2®
12- 1
12-17
11-1#
11-2®
12- 1
11-1#
37'Ac
12- 1
12-1
1-2-48
1-2-48
1-2-48
12-20
12- 1
12-1®
12-1®
12-1®
12-1#
11-1®
12- 1
12- 1
12- 1
11-15
11-1®
11-1®
1
11-15
12-
1-2-48
12-15
11-25
12- 1
preferred
Roebuck
&
Co.
12-20
12-12
2-1-48
9l'Ac
$19c
$31'Ac
(quar.)
Seaboard Oil Co. of Delaware
12-
50c
85c
Co., common (quar.)
preferred (quar.)
Scovill
Manufacturing Co.—
$3.65
preferred
(quar.)
Scythes & Co., Ltd., common (quar.)
12- 1
12-1
12- 1
12-15
25c
(quar.)
1
11-1®
11-1®
12-1#
11-3#
11-1#
11- ®
11- 1
12-15
11-2®*
1-16*
11-1*
11-1®
11-1#
12- S
11-1#
25c
Second
International
Canadian
Ltd.,
12- 1
12- 1
11-1*
11-1*
B
A
15c
Extra
Inc.,
(year-end)
common
preferred
(quar.)
Shawinigan Water & Power Co.—
$4.50
(quar.)
12-
1
11-15
11-25
12-15
11-2®
30c
$1.12'A
(quar.)
!
(quar.)
12-15
12-15
12-10
1-2-48
11-1#
12-1®
$30c
class
22c
25c
15c
Corp.,
Sheaffer
11-1#
$10c
$5c
partic. preference (quar.)
Participating
Seismograph Service Corp. (quar.)
Class
12-10
Investment,
4%
Serrick
12-10
75c
(quar.)
Extra
11-25
11-1®
11-15
11-25
Co.
Pen
(quar.)
Shenango Valley Water, 5%
Sherwin-Williams
Co.,
Oil & Gas Co.,
pfd. (quar.)
pfd.
4%
(quar.)
(quar.)
class A
11-25
11-15
$1.25
$1
50c
12- 1
12- 1
12-10
11-2®
11-15
11-2®
B
Signode Steel
Strapping,
preferred (quar.)
(William)
common
(quar.)
Brewery
11-2®
11-2®
12-10
11-2®
12-1
12- 1
11-29
11-1®
11-1®
11-15
$30c
$$1.25
12- 1
11- 3
11- 3
$1.10
Extra
12-10
20c
62'Ac
2c
(quar.)
12-10
50c
$1.50
Extra
Class
11-25
$1.50
A.)
10c
30c
(W.
Extra
Simon
2-2-48
2-2-48
Associates,
Paper
Signal
1-1®
1-1®
11-1#
12-1#
11-1®
15c
15c
30c
12'Ac
25c
40c
$1.12'A
25c
$25c
•
750
Loan
$3.40
Servel,
12- #
12- &
10c
Remedial
Francisco
Sears
1-2-48
1-2-48
$1.12'A
50c
$2.50
15c
Extra
5%
11- S
11-1#
12- ®
25c
Year-end
4'A %
Sabine
San
12- 1
12- 1
1-1-48
30c
$1.25
$1.25
$1.25
50c
(quar.)
common
5%
5%
$40c
12'Ac
12'Ac
25c
(increased)
com.
Roos
Ruppert
.
25c
$1.12'A
(quar.)
F
preferred
Common
11-15
Electric—
&
preferred
Rockwood &
vM- 2
$1
Manufacturing Co.,
preferred (quar.)
Oil
'
12-1#
12- 11
11- ®
10-1®
11-2#
11-3#
11-151
11-2(1
12- 1
12- %
$2- 1 %
11- ®
25c
87'Ac
-
6% preferred A (quar.)
6% preferred B (quar.)
Republic Insurance Co. (Texas) (quar.)
Republic Petroleum Co., common
Revere Copper & Brass, common
4'A %
11- •
12-15
25c
pfd.
Reliance
Rheem
1
1-1-48
$1.50
$25c
70c
$12'Ac
(irreg.)
preferred
6%
1
12-
$1.25
35c
(quar.)
Service
Richfield
12-
25c
50c
—
convertible
—=
11-1*9
11-1®
11- •
12-15
11-1®
$$1.12'A
12-15
11-1*
1
11-1®
11-1®
11-1#
Simon (Franklin) & Co. (see Franklin Simon)
Simon
5%
(H.)
&
Sons., Ltd.,
preferred (quar.)
Simonds
Saw
Steel
&
common
Co.
Simpson's Ltd., 4'A% preferred
Sioux City Gas & Electric—
Common
(increased quar.)
preferred
$3.90
of
shares
(quar.)
45c
97'Ac
$1.25
(quar.)
Skelly Oil Co. (year-end)
Skilsaw, Inc. (stock dividend)
Two
(quar.)>
(extra)
Corp.,
Sloss-Sheffield
Steel
pfd.
6%
Iron
&
A (s-a)
(irreg.)
Smith
& Sons,
preferred
common
(T. L.)
(quar.)
Co., 6%
pfd.
conv.
Socony-Vacuum Oil Co.
(quar.)—
(quar.>
Solventol
Corp.,
(resumed)
Products
Chemical
70c
11-20
12-2*
11-1#
11-1#
35c
12-10
12-10
11-1*
87'Ac
15c
20c
12- 1
11-30
12-15
10-3k
11-22
11-1*
12-15
11-1*
7c
11-20
11-1#
12-19
11-1#
5c
11-1#
60c
40c
12-31
11-28
12- 1
12- 5
11-14
11-1®
12- 1
11-1®
25c
Greyhound Liues (quar.)
Bag & Paper—
12-19
31'Ac
$1.12'/2
convertible preferred A (quar.)
Bend Lathe Works (quar.)
Southeastern
Advance
preferred
(quar.)
California
preferred
Southern
6%
k
10c
(quar.)
common
Extra
$1.25
4'A%
1
12-
15c
Extra
South
12-
12-12
1-2-48
$3
05c
(Alexander)
(quar.)
12-12
30c
quar.)
Extra
3'A lo
12-17
200%
(initial
common
Smith
12- 1
share
each
held
New
12-
1
—
for
common
12-
Canada
partic
Water
Co.—
Power
Co.,
12- 1
11-2#
$$1.50 1-15-48
(quar.)
12-1#
12- 1
Ltd.—
(quar.)
preferred
Southern
Natural
Co
37'Ac
12-12
Southern
25c
.
11-1#
$1.25
——
Extra
5%
4%
2%
Extra
$1.50
(quar.).
Dividend
Co., class B
12-15
Jersey—
preferred (quar.)
7%
preferred (quar.)
Puget Sound Pulp & Timber, 6%
Purity Bakeries Corp. (quar.)
Railway Co., common (quar.)
preferred (quar.)
75c
$1.25
12-15
12-15
11-15
20c
12-15
12- &
20c
12-15
12-15
5%
12-
1
11-15
$30c
$$1.50
12-31
1-15-48
$75c
1-15-48
11-21
12-19
12-19
5*
Gas
non-cum.
Southwestern
Co.
11-1#
50c
87'Ac
New
$5
Southern
Pittsburgh Steel Co.—
5'A%
of
Public Service Electric & Gas—
Southern
Pittsburgh Bessemer & Lake Erie RR.—
6%
11-1#
12-15
a
for
preferred (quar.)
$5 preferred (quar.)
6%
preferred (monthly)
Sonotone
$1
Co., Ltd.—
receipts (interim)
11-1#
12-15
$1.25
of
Co.
(quar.)
Sloane-Blabon
25c
Extra
Philadelphia
11-1#
12-15
$1.75
l/20th
Water
&
(quar.)
Corp.
preferred
5%
preferred
&
Muliken
Philadelphia
Pitney
1
12-20
25c 2-15-48
Extra
$3.65
12-
1-1-48
50c
4'A%
Machine
Pettibone
Pfeiffer
2
50c
(quar.)
Corp.,
Pfaudler
2
1-
50c
Telephone Corp.,
preferred
Perkins
1-
1-12-48
15c
(quar
com.
preferred B (quar.)
Gas Light & Coke Co
4'A %
11-29
1-12-48
$1
(accum.)
preferred C
4.40%
Peoples
Peoples
12-15
$0.2083
prior preferred
Co.,
preferred
Common
$20c
new
11-1®
1
$2
Gas
Semi-annual
75c
Reel,
1
12-
Indiana—
dividend)
7%
5
$3.75
(quar.)
Wilcox
8c
___
12-15
60c
(quar.)
Co.,
13c
___
6
50c
20C
:
Special
Merchandising
11-15
Co.—
11-25
5c
Machinery Industry Series
11-
1
35c
Pittsburgh Youngstown & Ashtabula' Ry.—7 %
preferred (quar.)
4c
Series
1
12-
$1
7C
Bond
11-12
12-
$1.25
9c
Industry Series
Special
Government
12-15
$1.12'A
(quar.)
8c
Series
11-12
75c
&
8%
11-1#
12-
of
12- 1
12- 1
held.
Service
Scott
(resumed)
26c
Equipment Industry
12-20
12-15
5
6C
!
Series
1-2-48
$$3
(initial quar.)
(irreg.)
Line
3 'A %
11-29
1
$1.06'A
5%
$1
$1
preferred
(quar.)
Pennsylvania Electric Co.—
5
11-25
18c
Industry
Special
Insurance
11-
6c
Special
Electrical
11-25
11-25
3c
Series
Special
Chemical
5
10c
Series.
Supply
5
11-
5c
•
Stock
Building
11-
11-25
7c
Special
Aviation
11-25
14c
12-13
15c
(quar.)
Telephone
Common
4'A%
10c
11-15
50c
Extra
Pinchin
Shipbuilding
Founders
Stow
$1
1
12-25
75c
(quar.)
Rig
Coal
12-13
12-
12-
12-10
Pipe
Pictures
preferred
$1.50
1-1-48
10-27
25c
(quar.)
preferred
(quar.)
12-
$ 15c
1
75c
Corp
preferred
7%
1
11-26
12-
$5.25
__
Common
$1.12'/a
1-2-48
Manufacturing Co., Ltd.—
$2.50
preferred
1
$1.12'/2
Year-end
$4.25
Patort
6%
common
(quar.)
Machinery Co
National
Terminals
Corp
Natomas Company
Naumkeag Steam Cotton
(year-end)
Nestle-Le
preferred
Paramount
5*
11-
1
12-10
1
12-
$1.25
(quar.i
Economic
Parkersburg
12-
12-
12-15
$25c
$$1.75
(quar.)__
(quar.)
Mills
$15c
(quar.)
preferred
Corp.
12-
Canada-
Rubber
Nazareth
Finance
12-15
12-10
11-10
1
25c
pfd.
share
12-
1-1-48
Colorado—
Robinson, Little & Co., Ltd.,
(s-a)
common
11-
45c
(quar.)
Service
preferred
$5
12-31
5*
12-
20c
partic. 1st preferred (irreg.)
partic. 2nd pfd. (resumed).
12-20
11-
11-10
for
(irreg.)
Mfg. Co.
preferred
Co.,
11-28
12-10
11-17
12- 1
tax
&
Pacific
$1.07
Co., $4.50 pfd. (quar.)
Mills, Ltd. (quar.)
preferred
National
Paper,
Coast
Pacific
l'/a%
preferred
Co.,
Marine
non-cum.
12-
12-9
Corp.—
5%
Metal
$4
1-15-48
1-15-48
9
12-10
Ltd. (increased) —
shillings or 74c after
four
African
non-cum
$12'/aC
Convertible preferred
National
Pacific
11-10
1
for
Common
4'A%
11-12
12-
20c
(quar.)
Drug & Chemical
National
12-18
11-25
4%
preferred (quar.)
Dairy Products
National
12-26
Oxford
30c
(quar.)
Corp.
(quar.)
Co.
Co.,
of
50c
(quar.)
(Del.)
dividend
National
Copper
$1.75
Corp.
Cylinder Gas—
Co.
Quebec Ry.
$1.75
(year-end)
$7 preferred
Container
National
&
South
40c
(quar.)
(quar.)
Register
National Casket
Tube
Orpheum
Building Co
Oswego Falls Corp., 4'/a%
40c
common
preferred
Co.
1
$$2
(quar.)
Indiana
—
Co., 4'A% preferred (quar.)
Sand, 7% preferred (accum.)
payment
15c
Fibres
Extra
National
A
$1.50
Co
11-15
12- 1
25c
Seamless
Outboard
America—
11-10
75c
O-O'Kiep
9
11-25
$33c
&
50c
Acme
National
National
12-
11-10
40c
Ontario
11-15
3
11-20
11-25
55c
11-29
1
12-
12-10
12-10
Co.—
12-15
12-19
12-29
$$1.50
common
11-29
12-
1-15-48
15c
(quar.)
12-15
11-14
12-12
12-15
12-15
25c
(quar.)
National
Oil
1-2-48
12-15
11-26
$1.12'/2
dividend)
each
Public
of
(stock
of
(s-a)
Quaker State
Service—
25c
1
11-20
$1
Industries, Inc., common
75c participating preferred
Old Ben Coal Corp
Olin
Industries, Inc
Oliver Corp.
(year-end)
12-
12-10
25c
(s-a)
11-15
50c
(quar.)
Co.
preferred
Food
Oil
11-15
1-2-48
11-12
1-2-48
held
Co.,
convertible
$5
8
37'/a C
12-10
ap¬
Extra
3
11-29
11-30
per
(quar.)
Telephone
preferred
Leather
3
11-29
11-24
11-14
per
(quar.)
Associated
Ohio
12-
12-15
1
12-
40c
Co.
Nu-Enamel
shares
preferred
12-
40c
$2
Bank
7%
12-
12-15
12-10
12-15
15c
30c
(quar.)
$17
(Subject to
Manufacturing Co. (quar.)
Ogilvie Flour Mills, Ltd., common
Ohio
62 '/a C
B
$19.75
Oak
$2.20
12-31
20c
Extra
New
12-
12-
30c
(s-a)
common
Murphy (G. C.) Co. (quar.)
Murray Corp. of America
Muskegon Motor Specialties Co.—
New
20c
+50c
share
pfd.
(quar.)
Red Owl Stores, 4%% pfd. A
Regina Corp.
(ineg.)
(quar.)
(stock
of
10
10c
participating preferred (s-a)
Participating
Manufacturing com. class
$3
2
11-30
Co:
4%
Reed-Prentice Corp.
(quar.)
Corp.
share
each
30c
(s-a)
5%
New
12-
4%
30c
Supply
Mullins
7%
12-16
12-10
cash
Pharmacal
Nu-Enamel
2
25c
Extra
New
12-
11-15
common
and
Common
12-
75c
preferred
Reading
Co.
(quar.)
Light & Power, Ltd.—
preference (quar.)
preferred
(initial)
Ohio
(quar.)
Producers
New
11-14
12-16
$2
Extra
Muehlebach
Neisner
12-15
Public
preferred
lc
Mountain
Nelson
11-14
5
3
1
Scotia
lc
Fuel
7%
12-15
62'/a C
Extra
5%
6%
1
$1.25
(increased).
Quarterly
7%
11-10
12-
Mining & Development—
Mountain
6%
Nova
$$1.50
(quar.)
Corp.
Mount Diablo Oil
Norwich
11-10
1
1112-
12-
20c
4'A%
One
Inc.—
preferred
Co.
&
12-13
12-
$30c
convertible
P.)
1-2-48
87'/aC
11-25
12-17
Service
4 'A %
Public Service
Reading
Special
11-18
5
Ltd.,
Holdem
Payable of Reek
70c
1
Public
When
share
(quar.)
common
Brothers,
Ray-O-Vac
Bancorporation
Northwestern
11-28
1
$43c
preferred (quar.)
Moore-McCormack Lines,
Motor
12-15
9
Ltd.—
preferred
(J.
1-2-48
$ 12C
(quar.)
5%
$2.50
Insurance
12-
5
11-
12-22
Railroad
River
50c
(annual)
(annual)
Moore Handley Hardware, com.
Morgan
Penn
North
Northwest
$1.62'/a
Refrigerating & Storage,
Common
North
11-28
12-
11-
11-25
of
Refractories
11-28
50c
Montreal Cottons, Ltd., common
7%
preferred (quar.)
5%
American
50c
11-25
25c
12-16
11-15
of
rate
stock).
12-16
12-15
5
SEC.)
$12'/aC
(quar.)
(quar.)
Co.,
Chemical
Montreal
North
5
11-
Company
Hall, Inc.,
preferred
Rand
dividend
25C
75C
common
B
$3.25
the
11-
11-25
each
shares,
stock
l'Ac
Missouri-Kansas Pipe Line,
Monroe
Potomac
for
American
the
at
11-25
divi¬
shares
21
common
fractional
Wisconsin
of
and
Power
of
paid
of
$1.25
$1.27'/a
$1.37'/a
(quar.)
(quar.)
5
Electric
Wisconsin
of
North
of
lieu
of
preferred (quar.)
$5.10 1st preferred (quar.)
preferred
Electric
be
11-
75c
$1
(liquidating stock
stock,
common
share
5%
Co.
shares
shares
held
—
Railway Co.—
quar.)
(initial
American
dend). 19'A
11-25
11-25
$1
$50c
•
Extra
North
100
Co.-r-
preferred ser.
(Del.)
10-2-48
5'A%
6%
Western
common
25c
Minneapolis-Honeywell Regulator
Common (quar.)
1
Minneapolis Gas Light Co.
Norfolk
5
$50c
preferred A (quar.)
(interim)
Mines
25c
(quar.)
(quar.)
(quar.)
(quar.)
convertible
6-20
5
11-
50c
Nopco Chemical Co., 4%
12-20
3-20
11-
11-25
85c
:
11-14
7-2-48
5
13c
(year-end)
Co.
11-14
25c
Common
Modern
Investment
Mfg.
12-15
4-2-48
5
11-
11-25
12c
Stock
;
12-15
25C
11-
11-25
4c
Preferred
$3
Price
5
11-25
Per
v„
Name of
5
7c
Series—;
1-2-48
25c
:
Common
5
1111-
8c
Newport News Shipbuilding & Dry Dock Co.
Niagara Lower Arch Bridge Co., Ltd. (quar.)
Extra
______—1
i
4c
common
11-
11-25
18c
25c
(s-a)
11-25
11-25
10c
Fund—
12c
;
5
5
7c
Series
Special
1
1111-
9c
12-
12-15
11-25
11-25
9c
Industry Shares
Bond
$2
(s-a)
common
preferred
Mohawk
Series
i.
Investment
Special
Corporate
12-
45c
Extra-
Class
Industry
35c
'
5
4c
$1.18%
(year-end)
5
10c
11-10
4
1111-
6c
Industry
Equipment
Diversified
12-
11-25
11-25
2c
Special
5
1-
5
18c
Special
Railroad
11-
6c
Series
Series
Tobacco
25C
Co
Miller & Hart, Inc.,
Common
3.20%
2
50c
Petroleum
Extra
8%
2
1-
11-25
12c
-
Utility Industry
Special
Special
Co
Abrasive
Oil
12-
7c
Public
$1.62'/2
(s-a)___
(quar.)
Service (quar.)
Mid-Continental
Mid-West
12-15
1-15-48
When Holdera
Payable of Rec.
Prentice
Industry Series—w
Special
;
1
1
share
oil
50c
preferred
Michigan
Midwest
11-
11-
Company
Stocks, Inc.—(Continued)
50c
Metropolitan Edison Co., 3.90%
Michigan Consolidated Gas—
43A %
12-
Per
J
Name of
New York
$1.06'A
Telephone
pfd.
Merritt-Chapman & Scott Corp.—
6'A% preferred A (quar.)
Messenger Corp.
Meteor
11-18*
$1
(quar.)
Co., 5%
Meadville
11-28
60c
(quar.)
common
$4 preferred (quar.)
Mead Corp., common (irreg.)_
4 'A %
preferred (quar.)
4%
12-19
1
$$1.00'/a
Robbins,
12-30
1-2-48
$50'Ac
Ltd.______
J,
&
30c
..
Payable of Rec.
"
Corp. $2.50 preferred
Holder»
Increased
Electric
Service
(irreg.)
quarterly
Southwestern Life Insurance
(Dallas)
—
35c 1-15-48
Quarterly
Southwestern
Common
Public
(A. G.) & Bros, (s-a)
Sparks-Withington, 6% conv. pfd. <quar.)_
Spear & Co., $5.50 1st preferred (quar.)—
$5.50 2nd preferred
(quar.)
Spencer Kellogg & Sons (quar.)
Spalding
1-13
40c
12- 1
11-15
50c
$1.50
$1.37'/2
$1.37'A
40c
12-15
12-15
12- 1
12- 1
12-10
12- a
Service-
(increased quar.)
12- 5
11-1®
11-1T
11-15
-
When
Per
Name
Ltd.,
Chemical Co.,
$1
12-10
12-10
Standard
Silica
Standard
Stoker
Supply
Fuel
Stein
(A.)
Sterchi
(quar.)
Inc. (quar.)
Sterling Electric Motors, common
Sterling, Inc., 4xk % preferred (quar.)
Sterling Motor Truck
Stewarf-Warner Corp. (s-a)
a-
12- 1
prior
(s-a)
Studebaker
Corp.
Co.
(quar.)
Oil
Sun
(cash dividend)-
Sunray Oil Corp., common
Stock dividend
1-2-48
11-20
1-2-48
12- 1
12- 1
Die
&
6%
—
11-17
1-2-48
12- 1
12-15
11-28
Telecom
Corp.
Gas
Southeastern
Texas
(quar.)
Coal
Pacific
50c
31 Vic
12-31
1-1-48
(s-a)
(year-end)
$1.25 convertible preferred (quar.)
Inc.,
Textron,
Thermatomic
common
Carbon,
Mills
Thomaston
preferred
$5
Quarterly
Associated
Water
Roller
Timken
Tivoli
Brewing
Edison
Toledo
Toronto
4(4%
Co.,
pfd.
Ltd.
(quar.)
(quar.)
Coal
Truax-Traer
common
(initial
S.
quar.)
Sale—The
Bond
offered
bonds
p.
&
sewer
166,
1830—were purchased by Blyth
Co., of San Francisco. These
bonds
were
authorized at
tion held in November,
elec¬
an
1946.
No. 4
Bond
000
Water Works Dist.
(P. O. Fresno), Calif.
Sale—An issue of $76,-
water works bonds
chased
recently
America
the
by
National
was
pur¬
Bank
Trust
of
Sav¬
&
ings Association, of San Francisco,
as
4s, at a price of 100.26. The
bonds
are
due from
1951
to
1969
11-21
12-10
U.
mitted
Bond
will
be
preferred
City
bids
by Frances C.
Clerk, until 7:30
Nov. 18 for the purchase
of $30,000 not to exceed 4% fire
equipment bonds. Dated Dec. 1,
on
p.m.
Denomination
1947.
$3,000
1957
Insurance
held
$1,000.
Pictures,
preferred
Utica
Knitting
prior
5%
Van
on
Dec.
1,
from
1948
Raalte
of
interest to
B
are
the
bonds
be
bid.
authorized
Virginia
Co.,
Coal
the
election on April 9, 1946. Princi¬
pal and interest (J-D) payable at
the City Treasurer's office.
The
tified check for 3%
bid
for, payable to
required.
of the bonds
the
City, is
1
11-15
12-
1
11-15
Western
12-15
Westinghouse
4-1-48
3-15
Westinghouse
7-1-48
12-22
11-
11-26
11-15
I
11-17
12-
$1.75
$1
11-15
1-30-48
1-2-48
12-16
50c
1-2-48
1-2-48
6%
Woodall
Co.
Woodward
Governor
Manufacturing
11-
7
Woolworth
(F.W.)
11-
7
Woolworth
(F.
11-20
11-
3
12-
40c
5
11-10
1
11-14
$1.06(6
12-
1
11-15
12 %C
12-
1
11-
75C
1-1-48
1-1-48
62«/2C
preferred
•
(Rudolph)
4
11-20
12-
1
11-10
3%
12-
8
11-3
50c
12-
1
Cab
12-
1
11-15
12-
1
11-15
1-2-48
12- 1
11-20
1
11-14
Co.
Common
11-14
6%
convertible
preferred
convertible
preferred
6%
convertible
preferred
12-10
12-
1
11-15
1
12-
1
11-20
3T/2C
(quar.)
2-2-48
1
1-24
1-20
4-20
7-20
Cement,
37V2C
(quar.)
pfd.
(liquidating
7-31-48
11-12
11-17
50c
$1
12-15
11-19
$1
Tube Co
&
Extra
x
11-14
12-12
11-15
$1
12-15
11-15
15C
11-20
11-10
Less
30 %
•Transfer
in
JPayable
in
Worts—
11-21
a
Less
tax
Jamaica
books
tPayable
resident
12-15
Portland
Youngstown Sheet
7-15
1
$37'/2C
2-1-48
37(4c
1-31-48
37(4c 4-30-48
(quar.)
(quar.)
1-2-48
11-19
4-15
12-
40c
(quar.)
Yosemite
1-15
20c
>
-
11-14
11-14
(quar.)
11-14
$1
Iron Co
11-29
11-29
25c
11-18
12-
11-24
10c
(quar.)
2
12-
12-
Co.—
1
30c
U.
income
not
S.
closed
Funds,
Canadian
15%;
British
this
dividend,
15%
Canadian non-residents'
tax
less
funds,
resident
income
tax.
for
deductible
the
at
tax.
source.
Non¬
7%.
tax
tax..
City Department
PROPOSALS AND NEGOTIATIONS
County Treasury or at any of the
county's fiscal agencies in New
York City, as regards the Pasa¬
elec¬
to 1975
dena
Principal and interest (J-D)
be
City bonds.
sold
less than par
Each
bid
only and at not
and accrued interest.
shall
ap¬
$100,000
for the
be
said
amount
of
rate
interest,
of
The bonds will
cash
for
bonds at
and
A
for
certified
a
sum
of
The bonds
sealed
elec¬
an
in
check
for, pay¬
able to the order of the Chairman
of the Board of
Supervisors, must
every bid.
to
cisco
Herrington of San Fran¬
will
furnished
be
cessful bidder.
A
the
certified
suc¬
check
for
$5,000, payable to order of the
City Treasurer, is required.
Pleasant Hill School District (P. O.
Martinez), Contra Costa
School
a.m.
on
the
O.
G.
A.
Peque-
receive
will
10
a.m.
on
Nov.
$25,000
exceed 5% interest building,
purchase
Dated Dec.
bonds.
of
Inter¬
1, 1947.
est J-D. Denomination $1,000. Due.
1, as follows: $2,000 in 1948
Dec.
and $1,000 in 1960. The
be sold for cash only
1959,
will
bonds
and
not less than
at
interest to
crued
and ac¬
par
the
date of de¬
Each bid must state that
and accrued
interest to the date of delivery,
livery.
the bidder offers par
separately the premium,
and state
Los
—
(P.
Calif.
Clerk,
bids until
for
17
not to
are
1954 to
bids
County
December,
1946.
The
general obligations of
the city and the approving legal
opinion of Orrick, Dahlquist, Neff,
bonds
Offering
Bond
pay¬
part of the issue of
District
Riverside),
gnat,
are
Thermal Union
County,
School
interest.
able at the City Treasurer's office.
tion
not less than 3% of the
accompany
rate
single
bid for
cashier's
amount of the bonds bid
one
Brown &
a
any
rejected.
or
than
more
Riverside
Bidder may name
$1,551,000 authorized at
for varying rates of in¬
or
incl.; $55,000 in 1976, and
$56,000 in 1977.
entire
less than the entire amount of said
terest will be
25, by Earl Lippold, County
if
offered for the bonds bid
for, and the rate of interest said
bonds shall bear.
Principal and:
any,
—
Clerk, for the purchase of the fol¬
lowing bonds
aggregating
$375,-
000:
$75,000
Azusa
School
District
bonds. Dated Dec. 1, 1947. Due
on
Dec.
in
1948; $5,000 from Dec.
1,
as
follows:
$2,000
1,
1965, all incl.
300,000 Pasadena
City
Junior
College District bonds. Due
Oct.
1, as follows: $50,000
1948; $15,000 in 1949 to 1952;
on
District bonds.
election held
and interest
Modesto, Calif.
Treasurer's
on
Oct. 14.
No
tified
bids
payable
bid
check
County
the
at
Enclose
for 5%
a
cer-
of the bonds
for, payable to the Chairman
Supervisors.
Board of
Santa Clara
Valley Water Con¬
(P. O.
servation District
San
Plans
Principal
payable at the County
office.
interest
Treasurer's office.
Jose),
New
Calif.
Sale
—
Jean
Worcester, District Secretary, in¬
forms us that the
district con¬
for
City
Clerk,
at the County Treasury as regards
templates the sale of the mam
Gailfus, less than
par and accrued interest
block of a $2,500,000 bond issue
receive sealed will be considered. The
approving
early in 1948. On Nov. 4 an issue
bids until 11 a.m. (PST) on Nov.
19 for the purchase of $991,000 not opinion of Orrick, Dahlquist, Neff, of $150,000 water works bonds was
to exceed 5% interest, coupon or Brown
&
Herrington,
of
San awarded to the First National
registered, series B municipal im¬ Francisco, will be furnished. A Bank of San Jose, as %s, at a
price of 100.123, a basis of about
provement bonds. Dated Dec. 15,
certified check
for 5%
of the
0.66%.
Dated Nov. 1, 1947 and
1947.
Denomination $1,000.
Due
bid for,
payable to the due on Nov. 1 in 1948 and 1949—
Dec. 15, as follows: $30,000 from bonds
the Azusa bonds, and at both the
1948
to
$10,000, 1953 to 1956, and $15,000 from 1957 to 1966, all inch
All
bonds
are
dated
Oct.
1,
1946.
Denomination $1,000.
and
-
11-15
50c
$2.50
10c
Yellow
12-
25c
1
12-17
12-
50c
Co
12-
$1.75
quar.)
(quar.)
quar.
election
10
12-
t50c
(quar.)
Extra
12-22
$1.60
Co.,
sub¬
Sealed
12- 1
11-15
11-15
11-17
s-a)
1949 to 1953, and $4,000 from
—
12-15
11-29
fquar.)
County, Calif.
Angeles County Sch. Districts
Bond Offering — Sealed bids
(P. O. Los Angeles), Calif.
will be received by W. T. Paasch,
Bonds
Voted
The
following County Clerk, until 11 a.m. on
bonds were voted at elections held Nov. 17 for the purchase of $47,recently: $275,000 Paramount El¬ 000 not to exceed 5% interest
ementary School District bonds; building bonds.
Dated Dec. 1,
$12,000 Sulphur Springs School 1947. Interest J-D. Denomination
District bonds; $12,000 Elizabeth $1,000. Due on Dec. 1, as follows:
Lake School District bonds; $47,- $2,000 from 1948 to 1957, and $3,000 Keppel Union School District 000 from 1958 to 1966 incl. These
bonds,
and
$35,000
Bloomfield are the bonds authorized at the
Offering
(quar.)
Ltd.
1-15
$1.12(4
25c
31 '4c
&
Wyandotte Worsted
12-30
1-2-48
11-5
11-17
1
1
12-
1-31-48
25c
6%
&
12-
$1.50
25c
11-29
1
12-31
25c
90c
$4c
25c
12-30
9
12-
$1
75c
class B
(Hiram)
Gooderham
11-15
11-17
11-17-
Wurlitzer
56V«c
preferred
11-20
12-
$$2.50
common
_
prior
11-20
12-31
Co
Co.
W.)
12-13
12-24
$50c
(s-a)
Co.,
12-26
12-24
Wright-Hargreaves Mines, Ltd.
(quar.)
Wrigley (Wm.), Jr. Co. (monthly)
3
11-10
1
25c
(interim.)
com.
Extra
5%
-
11-14 *
.
25c
Co., Ltd.—
6%
preference registered (s-a)
Worumbo Mfg. Co.,
common
11-15
11-25
12-
12-
$10
preferred
Woods
5-1-48
&
convertible
12-15
12-10
(quar.)
(increased
35c
(irreg.)
11-18
25c
11-24
12-10
12- 1
Light, 4(4 % pfd. (quar.)
Industries, Inc., common (quar.)
12-10
Steel
preferred
5%
1-15
50c
(quar.)„ $$1.12(6
Wisconsin Power &
11-15
$1.25
(year-end)
Inc.
&
12-16
1
11-10
11-10
t20c 1-31-48
pfd.
Electric Power Co.,
preferred (quar.)
preferred (quar.)
$1.25
(increased)
4(4%
preferred
non-cum.
11-15
12-
1
1
Mfg
1
1-1-48
11-10
12-
common
Instrument
Co.,
1
8-2-48
voters
Lace
Electric
12-
56(4c
1
12-
3.60%
12-16
12- 1
11-14
11-10
12-
(quar.)
12-
37 %c
Calif.
of
5%
12-18
12-15
95c
Wisconsin
3
1-2-48
87(40
Products
50c
—
37 %c
Increased
the
Winnipeg
1-15
2- 1
2- 1
12- b
25c
Co.
Wilkes-Barre
12-17
12-
11-15
»
Ltd.,
(George), Ltd.
-
11-17
1
$1.50
25c
Extra
1-15
12-15
50C
Manufacturing Corp
Walgreen Co., com. (quar.)
an
Electrical
Weston
11-19
1-30-48
22(6c
(quar.)
2
2-15
2-15
12-12
$1.25
(quar.)
(quar.)
Paper Co.
(quar.)
an
Paper,
Whitaker
1
(quar.)
will be
Westminster
12-15
12-
preferred
Walker
preferred A
3.80% preferred B
1-2-48
50c
t
11-24*12- 2
25c
3(4%
Chlorine
$1.50
(quar.)_
11-24*"
Stationery
(quar.)
Brake (year-end)
Electric Corp.. common
Extra
6
5
12-
&
Westvaco
62 (6 c
preferred
12-
$7
Air
12-15
preferred
Walker
Tablet
White-Motor
(irreg.)
11-15
11-28
75c
$1.25
$2
(quar.)
preferred
1-2-48
$1.06(4
Vogt
at
6-15
12-19
6%
4%
Pacific RR., common
preferred A quar.)
J
Western Railway of Alabama
1-2-48
t»%
be received until
Nov.
approving opinion of O'Melveny
& Myers, of Los Angeles, will be
furnished the purchaser. No bid
for less than par and accrued in¬
terest will be considered. A cer¬
12-
$114.25
(quar.)
12-
12- 1
12-11
12- 1
50c
75c
5%
$1.75
1 quar
Virginian Railway, 6%
Angeles County Sch. Dists.
(P. O. Los Angeles), Calif.
These
at
11-15
(initial)
common
preferred
Chemical
Los
be
of interest to
11-21
1
62V6c
414%
Corporation
Verney
the issuance
water system bonds.
to
Rate
28
12-20
12-
22v2c
(s-a)
12-12
Virginia Coal & Cdke (irreg.)
Auto- Supply Co.
(quar.)
Maryland Railway—
7%
1st
preferred
(accuin.)
$3.50
com.
s-a)
Western
10%
Vapor Car Heating Co.—
7% preferred (quar.)
Vick
(increased
Western
Co
Co.,
Vanadium-Alloys
proved
Due
incl.
Oct.
7
$1.25
Canada Mines, Ltd. (interim)
Upper Michigan Power & Light—
6% preferred A (quar.)
Voted—At
on
7
11-21
$1.25
(irreg.)
11-14
West
11-
11-
5%
preferred (s-a)
12- 1
12- 1
12- 1
12-12
$1.50
quar.)
& Seashore RR. Co.—
special guaranteed (s-a)
12-20
50C
pfd. (quar.)_
(increased quar.)
Oil
$1
25c
$1.25
75c
Inc.—
Jersey
11-18
Inc.—
(quar.)
bonds,
Bonds
6%
53c
Upper
voters
La Hahra,
West
75c
Consolidated
55c
l2Vic
93%c
(initial quar.)
com.
(initial
Sugar
Co.,
Western
414%
Stockyards Corp.
high
school,
and
$500,000
elementary school bonds.
in multiples of % of 1 %. Only one
rate
the
10-31
11-24
11-18
(quar.)
common
Universal
tion to be held next Jan. 20: $773,-
will
received
Wendell,
to
11-29
-
11-15
11-17 11-14*"
11-14*11-12
II- 1
(quar.)_
Extra
Weston
Bumper,
Corp.,
Special
United
Indies
12-10
58 %c
quar.)
Universal
11-28
$1,273,000,
West
50c
common
(quar.)
S. Steel
7%
preferred
$25c
B
(quar.)
conv.
(increased
Spring &
following construction bonds
totaling
$5
65C
preferred
4V2%
preferred (quar.)
Disinfecting Co.,
$5
West
$2
S.
Bond Election—The issuance of
the
Bond
Beach, Calif.
Offering — Sealed
11-14
Snowdrift
&
$1.25
Co., common
preferred
5%
U.
11-20
11- 5
12- 1
inclusive.
Hermosa
12-10
50c
Printing & Lithograph,
000
Fresno County
11-18
Extra
Orange County, Calif.
6—v.
1
Extra
U. S.
Laguna Beach Unified School
District (P. O. Santa Ana),
$45,000
Nov.
on
12-
Oil
$1.75
Insurance
Playing Card Co.
BOND
Clovis, Calif.
11-18
(quar.)
(quar.)
Ltd. (interim)
State and
CALIFORNIA
11-14
1
50c
Lines,
S.
U.
11- 7
11-20
11-10
11-14
11-20
100%
25c
dividend)
(stock
Co.
11-10
1
(s-a)
partic. non-cum, class A
Participating
Common
3-15
6-15
5
1
1
1
tlOc
Extra
New
12- 1
12121212-
$1.25
25c
$1.06(4
tlOc
(year-end)
Co
Elevators,
U.
11-25
12-15
30c
quar.)
(increased
Oil
Bearing
Leather
S.
$4
12- 5
12- 1
1-1-48
4-1-48
50c 6-25-48
$2.50
50c
50c
(s-a)—
(quar.)
Quarterly
Tide
11-30
12-15
$1
Oil
&
Railway
Pacific
&
preferred
preferred
S. Casualty Co., 45c
S. Finishing Co.—
U.
12-13
11-15
11-10
12- 1
12- 1
11-10
11-10
12-12
12- 5
12-15
12- 1
12- 1
12-31
Extra
Texas
class
preferred (clears all arrears)
7%
preferred
(quar.)
$4 convertible preferred (quar.)
U. S. Hoffman Machinery Corp.—
414% participating preferred (quar.)
11-15
11- 5
1-2-48
12- 1
2 V2C
50c
SI
Extra
Texas
1
1212-
Cos
7%
11- 7*
$12V2c
10c
7%c
(quar.)
12-
25c
(quar.)
Pacific
U.
11-14
12- 2
11- 7*
11-28
preferred
Molasses,
U.
11-14
11-15
11-15
11-28
t25c
convertible preferred
5%
Wesson
(quar.)
United
(Canada) —
Ltd.
preferred
5%
11-15
12- 1
12- 1
12- 1
(interim)
Common
11-17
25c
Ltd.,
Coal
United
10- 1
Extra
Taylor Pearson & Carson,
11-17
(quar.)
Universal
(quar.)
Inc.
Tampax,
Co.
United Merchants & Manufacturers,
11-14
11-25
10- 1
t2c
75c
50c
12V2c
2nd preferred (quar.)
Swift International, Ltd. (quar.)
4%
Sylvanite Gold Mines, Ltd
Syracuse Transit Corp
Talon, Inc., common
1
1
Railways—
prior preferred (monthly)
6.36%
prior preferred (monthly)
6% prior preferred (monthly)
11-10
11-28
12-15
11-17
5c
37*/2c
10c
40c
(quar.)
pfd. (quar.)
Co.
Swan-Pinch Oil Corp.,
11-19
1212-
$1.12%
$1.25
(quar.)__
(quar.)
12- 5
11-15
12- 1
12- 1
12- 1
11-23
11-22
75c
20c
(quar.)
12-10
United Light &
12-20
10-31
12-20
30c
Tool
Superior
Electric
5%
preference
Petroleum
Warren
50c
preferred
United Gas Improvement
Extra
11- 8
25c
10%
25c
$1
$75c
25c
25c
25c
5%
Stock dividend
preferred (quar.)
Stohega Coke & Coal (quar.)
Stowell Screw Co., Ltd., class A
4xk %
Corporations,
5%
$1.13
75c
convertible
$3
1-5-48
12- 1
12- 1
25c
(quar.)_
50C
93%C
United Engineering & Foundry,
12-20
11-26
12-29
11-18
12-31
12-17
11-28
11- 8
25c
Extra
Stokely Van Camp, Inc.—
Common (cash dividend)
5%
Lines,
United
11-19
11-20
12-10
12-26
1-9
12-11
1-10-48
12- 1
$1
25c
50c
50c
10c 1-10-48
57c 1-2-48
25c
12-24
25c
12- 1
_—
Extra
Sterling Drug,
11-15
Payable o1 Bee.
37V2C
(quar.)
common
Corp., common
preferred (quar.)
Wellman
Engineering Co
Wentworth Mfg. Co. (quar.)
(quar.)
Carbon
12- 1
12-10
12-10
20c
—
Co. (year-end)
Stores, Inc. (quar.)
&
Bros.
12-10
80c
20c
15%
11-18
12-10
(quar.)
United
12-15
11-12
Co.,
33A%
7%
(cash dividend)
Co.
Engineering
Products
A
Car
United
Acid Wks.—
Stock dividend
Steel
preferred
Air
7%
1
12-
11-25
1-2-48
California—
United Aircraft Corp., 5% conv. pfd.
United Biscuit Co.. (quar.)
11-28
12- 1
50c
Co
Quarterly
State
of
Co.
Tank
United
ll'll
D.)
preferred (quar.)
Warren (Northam)
Corp.—
50c
$3.75
J2"31
of
A
Standard Wholesale Phosphate &
40c
30c
17 %C
(quar.)
Extra
11-10
11-10
(S.
Share
Pictures
$4.50
all arrears
& Rubber Co.
Warren
7
11-
1
Brothers
Holdert
When
Per
Name of Company
25C
Oil
Union
11-14
Ohio, common
(quar.)
Corp. (extra)
Co.
Oil
preferred
3%%
12-15
37%c
12-15
93%C 1-15-48
12>/2c
1- 2
of New Jersey
Standard Oil Co.
11-28
85c
(quar.)
of Indiana
Union
12-
$1
Extra
Extra
Standard
1-2-48
12- 1
40c
20c
payment clears
Company
Holdert
This
Uarco
11-15
10-31
10-31
12-20
11-20
11-10
12- 1
-
Co.
12- 1
37%c
25C
$2
Quarterly
Standard Oil
Union Asbestos
12- 1
When
Payable of Rec.
Warner
11-14
12- 1
$$1.25
preferred
(quar.)—
Standard-Coosa-Thatcher
Standard Dredging Corp., $1.60 pfd. (quar.)
Standard Porgings Corp.
(quar.)
Standard Oil Co. of California (Del.) —
Share
Monday, November 17, 1947
Inc.—
6%
preferred
(accum.)
Tung-Sol Lamp Works, 80c preference.
40c
5%
Company
City Ninth Unit,
12- 1
12-15
11-26
1-15
tlOc
CHRONICLE
Per
Name of
Tudor
12-15
12-15
$1
50c
87(/2c
(quar.).
com.
FINANCIAL
12-15
1-5-48
12-12
2-2-48
$1.121/2
*3c
25c
(quar.)
preference
convertible
$1.60
&
Holdert
Share Payable of Bee.
of Company
Spiegel, Inc., 4(6% preferred (quar.)
Springer Sturgeon Gold Mines (initial)
Squibb (E. R.) & Sons, common
$1 preferred (quar.)
Standard Brands, common (quar.)
$3.50
preferred (quar.)
Standard Cap & Seal Corp.—
Standard
COMMERCIAL
THE
(2038)
50
Principal
semi-annual interest payable
Bond Offering—Rex E,
1967
will
incl.;
$35,000,
1968
County Treasurer, is required.
v
166
n.
1935.
Volume 166
San Diego County, Lakeside Union
Sch. Dist. (P. O. San Diego),
Calif.
Bonds
Bond
man,
Voted—At
Oct.
on
proved
the
17
the
the
election
voters
issuance
of
ap¬
$27,000
construction bonds.
San
Mateo
County,
South
San
Francisco Unified School District
(P. O. Redwood City), Calif.
Voted—At the general
Bonds
Election
Nov. 4 the voters ap¬
issuance of $1,500,000
on
proved the
construction bonds.
Stanislaus County, Riverbank Sch.
Dist. (P. O. Modesto), Calif.
Bond Sale—The $101,000 build¬
ing
bonds offered on Nov. 10
—-v. 166, p. 1830—were purchased
by the Bank of America National
Trust
&
Savings Association, of
San
Francisco,
at
a
price
of
100.048, a net interest cost of
3.164%, as follows: $54,000 as 3s,
maturing $4,000 on Dec. 1, 1948;
$3,000 from 1949 to 1958; $5,000
from 1959 to 1962, and $47,000 as
314s, maturing
Dec. 1, $5,000
1969, and $4,000
1972, incl.
Dated
Dec. 15, 1947.
Interest J-D. The
next highest bidder was Blyth &
Co., for $101,000 as 3%s, at 100.10.
from
1963
1970
on
to
from
to
Sutter Creek, Calif.
Bonds Voted—At the election
to be held
18 the voters
Nov.
on
will consider the issuance of $18,000 fire truck purchase bonds.
FLORIDA
Broward
County Special Tax
School Districts Nos. 4 and
5
(P.O. Fort Lauderdale),
Florida
Bond
Offering
Ulric
—
J.
Ben¬
nett,
Secretary, Board of Public
Instruction,
will receive sealed
bids until 2 p.m. on Dec. 10 for the
purchase of $1,500,000 not to ex¬
ceed
3V2%
interest
bonds.
ing coupon
1947.
school build¬
Dated Dec. 15,
Interest J-J.
$1,000. Due
$55,000 in
Denomination
Dec. 15,
on
1948 and
In 1950 and
follows:
as
1949, $60,000
1951, $65,000 in 1952
to 1954, $70,000 in 1955 and
$75,000 in
1956,
1958, $80,000
1957 and
in 1959 to 1961,
$85,000 in 1962 and
1963, $90,000 in 1964 and 1965,
$95,000 in 1966, and $100,000 in
1967.
If
1958 to
bonds maturing in
sold to bear in¬
any
1967,
terest at
are
rate
a
greater than 2.99%
the
bonds
bearing
such greater rate shall be callable
per
annum,
for
redemption
the
Board
order
in
at the option,
inverse
of
numerical
Dec. 15,
1957, and on any
interest payment date thereafter.
Principal and interest payable at
the
on
Chase
City.
No
National
bid
for
Bank,
less
New
than
par
and accrued interest will be enter¬
tained.
The
approving opinion of
& Cutler, of Chicago,
Chapman
will
furnished
be
A certified
the
check
for
of
the
principal amount, payable to the
Board of Public Instruction, is re¬
quired. These are the bonds au¬
thorized
Oct.
at
election
an
held
on
28.
Clerk,
Board
Commissioners,
sealed
purchase of $285,000 not to exceed
5%
interest
causeway
revenue
registered bonds. Dated
March 1, 1947. Interest M-S. De¬
nomination $1,000. Due on March
1, 1971. The bonds will be sub¬
ject to redemption prior to their
maturity at the option of the
County, either (a) in part from
coupon or
bids
of
will
until
10
County
receive
a.m.
Dec.
on
to
the
home
1,
purchase of $95,000 not
exceed
3%
bonds.
coupon
1946.
interest
county
Dated
Interest J-J.
July
Denomina¬
tion $1,000. Due $5,000 on July 1,
from 1948 to 1966 inclusive. Prin¬
cipal and interest payable in New
York City.
Bidders to name the
rate of interest in
Of
1%,
each
bid
multiples of
may
name
rate for part of the bonds and
one
an¬
other rate for the balance, but no
bid
may
name
more
than
two
rates, and each bidder must spe¬
cify in his bid the amount of the
bonds of each
rate.
No
bids
for
be
considered.
The
approv¬
ing opinion of Mitchell & Persh¬
ing,
of New
furnished
York
the
City,
will
purchaser.
bonds will be delivered at
a
be
The
place
of purchaser's choice, on or about
Dec,
for
19,
1947.
A certified
check
payable to the Clerk,
County Commissioners,
is required.
$1,900
Board
of
name
the
bonds
shall
interest
of
rate
bear
interest
bear
bonds
than
a
xk of 1%. If
multiple of 1/10 or
the
the
in
expressed
at
bonds
payment date not earlier
1, 1947, at the princi¬
pal amount thereof and accrued
interest together with a premium
of one-fourth of one percentum
0/4 of 1%)
of such principal
amount for each 12 months' period
between
thereof
fraction
or
and the
date of such redemption
of
date
the
the
interest
2.99%
at
or
before
maturity. Rate of interest
multiples of *4 of 1%.
Principal and interest payable at
be
to
the
in
Miami
First
Beach
National
Bank, Miami Beach, the Chemical
Bank & Trust Co., New York City,
the
at
or
&
Trust
Florida
National
Co., Miami.
Bank
No bids for
less than par and accrued interest
will be considered.
The purchaser
will
with
be
furnished
the
ap¬
proving opinion of Mitchell &
Pershing, of New York City. The
bonds
will
be
delivered
on
or
about Dec. 20, 1947, at the Florida
National
Bank
&
Trust
Co.,
000
A certified check for $5,-
payable to
proving opinion of Caldwell, Mar¬
shall, Trimble & Mitchell, of New
York City. A certified check for
$16,060 payable to the Board of
Public
Instruction, is required.
These bonds are part of an issue
cial
District
School
Tax
certificates.
1947.
Interest M-N.
bidder
Nov.
on
incl.
1968
to
Due
Nov.
on
1,
Nov.
follows: $5,000 in 1949; $10,-
as
000
from
1950
to
1952; $15,000
from 1953 to 1959; $20,000 from
1960 to 1962; $25,000 from 1963 to
1966, and $20,000 in 1967. Certi¬
ficates maturing
subject
whole
Nov.
in
or
1,
verse
all
to
1, 1967,
redemption
part by the City
1952,
payment
Nov.
on
on
or
date
any
thereafter,
in
No.
1
The
next
highest
the Commerce Union
was
97.25.
Sale—The
Additional
interest
in in¬
numerical order if less than
redeemed, at the following
percentages of the principal
are
amount
thereof, together with
ac¬
crued interest to date of redemp¬
tion: 101% in Nov. 1, 1952 or on
any
interest payment date there¬
after
until Nov.
Nov.
1,
1957,
payment
1, 1957; 100% on
or
date
on
any
thereafter.
interest
Issued
subject to the approval as to
legality by Giles J. Paterson, of
Jacksonville.
bonds
16
a
O ffering
Bond
will
p.m.
the
until
2
purchase
coupon
Interest
follows:
bonds.
M-N.
of
receive
on
sealed
Nov. 25 for
$803,000
school
bonds
are
Sept. 1,
at the Atlantic
of
West
National Bank
any
redemption on
payment date not
interest
earlier than
Sept.
be
provided for that purpose, or in
part, when selected by lot, from
moneys in the sinking fund for
said
bonds,
at
the
principal
from
of
amount
which
moneys
any
the
bonds
may
to
be
re¬
deemed, together with the interest
accrued thereon to the date fixed
for their
mium
of
redemption, plus a pre¬
4% of such principal
March
1,
1955,
thereafter
March
and
on
or
prior to
3%
if
on
or
redeemed
prior to
2%
if
redeemed
on
or
if
than
and
1%
to
if
on
prior
redeemed
prior to
March 1, 1959, and without pre¬
1957,
1,
thereafter
less
in
3 950, at the
1,
option of the City, either in whole
mium
$43,000
The bonds
Palm Beach.
will be subject to
Due
May 1, as
1952, $45,000
office.
No
Received
received
were
sewer revenue
for
No
—
the
bids
$2,500,000
certificates offered
Nov. 12—v. 166, p. 1831.
Issue to Be Sold in Blocks—The
on
sale
in
will
small
be
offered
amounts
for
beginning
ILLINOIS
sidered.
Flynn, County Clerk, will receive
sealed bids until 10
18
for the
a.m.
(CST)
on
purchase of $2,-
349,000 judgment funding of 1947
coupon bonds. Dated Nov. 1, 1947.
Denomination $1,000. Due on Nov.
1, 1952. $1,880,000 optional at par
and accrued interest in numerical
order
follows: $470,000 May 1,
1952, or on any interest
payment
dates
thereafter.
The
1949
as
to
bonds
may be
registered as to
principal only.
Principal and in¬
terest
payable
at
the
County
Treasurer's
office.
Bidders
shall
specify the rate of interest (one
rate for the entire issue) in multi¬
ples of % of 1%.
The printed
bonds and the approving opinion
of Chapman & Cutler, of Chicago,
for
less
be
than
par
con¬
A certified check for 2%
of the amount of bonds
the
payable to
City, is required.
St.
Joseph
County (P. O.
Bend), Ind.
Offering
Nicholas
—
A.
Muszer, County Auditor, will
ceive
bids
sealed
until
10
re¬
a.m.
(CST) on Dec. 17 for the purchase
of $400,000 not to exceed 3% in¬
terest, second series, tuberculosis
hospital bonds of 1947. Dated Dec.
1, 1947. Denomination $1,000. Due
follows: $5,000 July
1, 1948;
$5,000 Jan. 1, and $20,000 July 1,
as
and July 1
incl.; $25,000
Jan. 1 and July 1 from 1953 to
1957 incl. Bidder to name a single
rate of interest, expressed in a
multiple of Va of 1%. Interest
payable J-J. The bonds are direct
obligations of the county, payable
from
unlimited
taxes, and the
approving legal opinion of Ross,
McCord, Ice & Miller of Indian¬
apolis will be furnished the suc¬
1949;
Cook County (P. O. Chicago), III.
Bond
Offering — Michael J.
Nov.
bid
and accrued interest will be
South
Savannah, Ga.
Bids
shall
Principal
and
interest
payable at the County Treasurer's
Bond
No
interest
of
named.
GEORGIA
election
1950
Jan.
$20,000
from
cessful
to
1
1952
bidder.
A
certified
check
for 3% of the bonds bid for, pay¬
able
the
of
order
to
of
Board
Commissioners,
County
quired.
is
re¬
Wayne Township School Township
(P. O. Indianapolis), Ind.
Bond Sale—The $50,000 build¬
bonds offered
ing
Nov.
011
7—v.
1831—were purchased by
Frank E. Hailstone & Co., of Cin¬
166,
p.
or
redeemed
all
of
thereafter.
the
If
outstanding
bonds shall be redeemed,
the
Nov. 4 the voters ap¬
on
proved
the
issuance
of
par¬
IOWA
$250,000
Scott County (P. O.
Illinois
Bond Sale—The
road
$250,000 county
construction
ized
at
Nov.
4
the
author¬
bonds
election on
purchased by Fran-
general
were
&
Winchester),
21As.
Interest M-N. Due on Nov. 1, as
follows: $14,000 in 1949 and 1950;
$15,000 in 1951 and 1952; $16,000
from 1953 to 1955; $17,000 from
1956 to 1958; $18,000 in 1959 and
1960, and $19,000 from 1961 to
1963, all inclusive.
coeur
Co., of Chicago,
School District No. 68
District
(P. O. Bennett), Iowa
Bonds Voted—The Secretary of
the Board of Education reports
that the voters
approved by a
wide margin on Nov. 6 the pro¬
posal to issue $50,000 construction
bonds.
as
West View
Winnebago County,
School
Cons.
Bennett
county road construction bonds.
(P. O.
Rockford), III.
Cedar Falls Indep. Sch. Dist., lowct
Bond Sale Details—In connec¬
tion with
the
of
the
$80,000
Is, at 100.10,
reported in
as
basis of 0.935%, as
Nov. 3 issue—v. 166, p. 1831—
we learn that the bonds were sold
a
our
the
to
Cedar
Falls Trust &
Sav¬
ings Bank, and the First National
Bank, both of Cedar Falls, jointly.
Dated Nov.
$225,construction bonds was sold
sale
construction bonds
1, 1947. Interest M-N.
Bonds Sold—An issue of
000
13.
School Town¬
ship (P. O. Centerville), Ind.
Offering—Roy M. Harris,
Bond
Trustee,
Township
sealed
bils until
10
will
receive
on
a.m.
Nov.
purchase of $12,000 not
exceed
4%
interest
school
19 for the
to
building
1947.
bonds.
Nov.
Dated
Interest J-J.
<3
Cherokee, Iowa
Bond Sale—The $80,000 street
improvement bonds offered
on
Nov.
10—v.
166, p.
1935—were
purchased by the Iowa-Des
Moines
INDIANA
Center Township
facilities
Inter¬
1962. The
registerable as to prin¬
Due
cipal alone. Principal and interest
payable at the Central Hanover
Bank & Trust Co., New York City,
Dated May 1, 1946.
on
A certified check for
$7,000 payable to the City, is re¬
quired.
Dated Sept. 1, 1947.
M-S.
est
docking
3V4%
$350,000
bonds.
County Special Tax Sch. Dist. March 1, 1953,
No. 1 (P. O. Fort Myers), Fla.
thereafter
and
bids
Keith R.
—
Chinn, City Manager, will receive
sealed bids until 3:30 p.m. (EST)
on
Nov. 24 for the purchase of
Lee
Instruction,
bid for
no
recently. These are the bonds au¬
thorized at the election on June
Fla.
West Palm Beach,
amount if redeemed
Bond Offering — E. P. Greene,
County Superintendent of Public
entertained.
$150,000
Tax School District No.
offered on Nov. 6—v.
Special
or
011
and
of 1%, and not more than
rate
6—v.
Bank, Nashville, Herbert J. Sims
& Co., and Associates, for 3s, at
Offered—
Dated
interest,
less than all of the bonds will be
Va
51
will • be furnished the purchaser. cinnati,
as
IV2S, at a price of
166, A certified check for
$100,000 pay¬ 101.102, a basis of 1.326%. Dated
p.
1528—were purchased by the able to the
Oct.
1, 1947. Interest J-J. Due
County Treasurer, is
Florida National Bank, and the
serially on July 1, from 1948 to
required.
Clyde C. Pierce Corp., both of
1960 inclusive.
Approved as to
Jacksonville, jointly, as 3s, at a Scott County (P. O. Winchester), legality by Ross, McCord, Ice &
III.
price of 98.253, a basis of 3.159%.
Miller, of Indianapolis.
Bonds Voted—At
the
Due serially on Oct. 1, from 1950
general
offered
bonds
The
enue
accrued
chaser will be furnished with ap¬
—
Publicly
purchase the bonds at the high¬
price, not less than par and
est
Nov. 14.
the
Clyde C. Pierce Corp., of
Jacksonville, is offering for in¬
vestment $500,000 3% stadium rev¬
to
certificates
payable at the National City
Bank, New York City. The pur¬
Clerk, Board
Commissioners, is re¬
Certificates
one
less, all of the said bonds shall be
non-callable.
Principal and in¬
166, p. 1528—were purchased by
syndicate composed of B. J. Van
Ingen & Co., of New York, John
of County
Nuveen & Co., of Chicago, Stranquired.
ahan, Harris & Co., Inc., of Toledo,
Escambia County School Districts Crummer Co., Leedy, Wheeler &
Alleman, both of Orlando, and
(P. O. Pensacola), Fla.
Bonds Sold
The following Welsh, Davis & Co., of Chicago,
as 3s, at a price of 95.65, a basis
school
bonds
authorized
at
an
of 3.448%. Due serially from 1950
election held on Nov. 2 have been
to
1957 incl. The next highest
sold: $50,000 School District No.
bidder was the Commerce Union
26 bonds; $25,000 School District
Bank, Nashville, Herbert J. Sims
No. 4 bonds.
& Co., & Associates, for 3s, at
95.00.
Jacksonville, Fla.
Miami.
of
be selected by lot. The bonds will
be awarded to the bidder offering
terest
maturity thereof, or
(b) in whole, from any moneys
which may be made available for
such purpose, on any date not
earlier than March 1, 1951, at the of $1,000,000 originally offered for
principal amount thereof and ac¬ sale on Sept. 3, 1946.
crued
interest
together with a
Palm Beach County (P. O.
premium of 6% if redeemed on or
West Palm Beach), Fla.
prior to March, 1, 1955, 5% if re¬
Bond Election—It is stated by
deemed thereafter and on or prior
R. B. McKee, Executive Secretary,
to March 1, 3958, 4% if redeemed
that an election is scheduled for
thereafter
and
on
or
prior to
Dec. 16, to have the voters pass
March 1, 1961, 3% if redeemed
on the issuance of $200,000 bonds,
thereafter
and
on
or
prior to
to be used for the construction of
March 1, 1964, 2%
if redeemed
a bridge across the Inland Water¬
thereafter
and
on
or
prior to
way in the Delray Beach District.
March
1, 1967, 1% if redeemed
thereafter
and
on
01*
prior to Polk County School Districts, Fla.
March 1, 1970, and without pre¬
Bond Sale—The $600,000 Spe¬
mium if redeemed thereafter and
ticular bonds to be redeemed will
2.99%, the
bear
(2039)
more
terest
Bonds
less than par and accrued interest
Will
in
$58,000
1961,
1962, $59,000 in 1963, $62,000 in
1964, $63,000 in 1965, and $66,000
in 1966. Bidders are required to
than March
in the Causeway Revenue
Sinking Fund, on any in¬
moneys
are
2 for
in
$57,000
1960,
bonds maturing
in 1957 to 1966, shall be subject
to redemption on May 1, 1956, or
on
any
interest payment
date
thereafter, prior to maturity, at
par plus accrued interest.
If the
1,
Dade County (P. O. Miami), Fla.
Bond Offering—E. B. Leatherman,
Commissioners, will receive sealed
bids until 10 a.m on Dec. 9 for the
purchaser.
2%
CHRONICLE
FINANCIAL
&
in 1953 and 1954, $48,000 in 1955
County (P. O. Miami), Fla.
Offering—E. B. Leather- and 1956, $50,000 in 1957, $52,000
Clerk, Board of
County in 1958, $53,000 in 1959, $54,000 in
Dade
•
held
COMMERCIAL
THE
Number 4647
Co.,
Des
for
2s, at 101.041.
Dakota
$10,000
Well
multiples of V\ of 1%, and not
more than one rate shall be named
Due in
1958.
Jan.
in
by each bidder. No bids for less
than par and accrued interest. The
approving
opinion
of
Ross,
McCord, Ice & Miller, of Indiana¬
polis, will be furnished the pur¬
chaser. A certified check for $500
payable to the School Township,
is required.
Indianapolis, Ind.
City
receive sealed
bids until 10 a.m. (CST) on Nov.
21 for the purchase of $225,000 not
to exceed 4% interest, bridge fiipt
issue of 1947 coupon bonds. Dated
Nov. 1, 1947.
Interest J-J. De¬
nomination $1,000.
Due on Jan.
1, as follows: $16,000 in 1950, and
$11,000 from 1951 to 1969 incl.
Bond Offering—C. S. Ober,
Controller,
will
Rate of interest to be in
multiples
City, Iowa
Bond Offering—Sealed bids will
be
and
Trust
as
incl. The next highest bidder was
Paine, Webber, Jackson & Curtis,
Due $500 on July 1, 1948,
and July 1, from 1949
to 1960 incl. Rate of interest to be
$500.
&
Bank
Moines,
2s, at a
price of 101.063, a basis of 1.924%.
Dated Nov. 1, 1947. Interest M-N.
Due serially from
1959 to 1967
1,
Denomination
National
of
received
until Nov.
the Town
by
17 for
Clerk
of
the purchase
Construction bonds.
These
are
voted at the election
the bonds
Oct 30.
on
Dawson, Iowa
Bond Sale
The $7,500 bonds
—
offered
Nov. 10—v.
on
purchased
—were
166,
by
1936
p.
the
State
Bank, of Perry, the only bidder.
KANSAS
Allen County (P. O. Iola), Kan.
Bonds Voted—At the general
election
on
Nov. 4 the voters ap¬
proved the issuance of
county hospital bonds.
Ptains
School
District
$275,000
(P.
O.
Plains), Kan.
Bond Purchase Contract
Superintendent
of
the
—
The
Board
of
Education reports that the SmallMilburn Co., of
tracted
to
Wichita, has con¬
im¬
purchase $125,000
provement bonds.
52
THE
(2040)
COMMERCIAL
FINANCIAL
&
CHRONICLE
;
Owensboro, Ky.
Voted—The proposal to
Salina, Kan.
Bond
r
Offering
Charles
—
Banker, City Clerk,
receive
will
Bonds
E.
sealed bids until 7:30 p.m. on Nov.
i7 for the purchase of $475,000
general improvement series SI40
bonds. Dated Dec. 1, 1946.
$1,000.
Due $24,4)00, Feb. and Aug. 1, 1949 to 1957,
and $24,000 Feb. and $19,000 Aug.
i, 1953.
Proposals will be re¬
ceived on bonds boaiing such rate
■coupon
$400,000 airport construction
was approved by the voters
at the general election on Nov. 4,
according to E. J. Rhodes, City
Clerk.
rates of interest
as may be spe¬
by the bidders, provided,
liowever, that not more than two
cified
different
rates
shall
be
specified
rate shall
in any bid, and the same
apply
to
all
bonds
of
the
same
maturity. Interest rate shall be
an
expected that the
bonds
will
be
for
ready
delivery on or about
Delivery of said
bonds will be made in Topeka,
Kansas City, Wichita or Salina, at
Dec.
20,
1947.
a
certified
office.
check
for
Enclose
2%
the
of
total amount bid.
Kansas
Bond
Election—At
election
an
io be held
on Nov.
17 the voters
will consider the issuance of $50,-
OQO county
Scottsville, Ky.
Bonds Not Voted—At the
did
not
Bonds
election
on
proved
the
Winchester, Ky.
Sale—An issue of
Bond
LOUISIANA
Call
the
P.
the
general
of
$80,000
.memorial hospital bonds.
the
the
general
Nov. 4 the voters ap¬
issuance
of
$100,000
'Casey County (P. O. Liberty), Ky.
Voted—At
•election
proved
the
general
Nov. 4 the voters ap¬
on
the
Bond
issuance
of
$100,000
county hospital bonds.
not
the
gen¬
issuance
of
Voted—At
did
not
the
approve
gen¬
issuance
$2,100,000
municipal
plant bonds.
power
the
Nov. 4 the voters
on
light
of
and
Kentucky (State of)
Proposal
For
New
State
Con¬
stitution Defeated—At the general
flection
Nov. 4, the voters re¬
on
jected by referendum
for
a
•though
voted
effect
the
Larue
the
is
vote
of
larger cities
has
early
the
to
have
on
court
house
Boston,
the
of
and
basis
Voted—At
the
general
Nov. 4 the voters ap¬
on
the issuance
liospital bonds.
proved
of
$100,000
Bonds Voted
the First National Bank of Boston.
proved
storm
—
At
the
the
general
issuance
sewer
favorable
opinion of Ropes,
Gray, Best, Coolidge & Ruggs, of
of $100,000
improvement bonds.
chaser.
was
election
on
proved
the
street
—
At the
on
general
At the general
Nov. 4 the voters ap-,
issuance
inclusive.
1957
of
flood wall bonds.
Oct.
$275,000
bonds.
water
from
Dated
1948
Oct.
to
Due
1957
District
(P. O.
by
Joshua
1947.
1,
The
$20,-
incl.
Interest
legal
opinion
of
Thorndike,
Palmer
&
Storey,
Dodge,
of
nished
the
Boston, will be fur¬
purchaser. The next
highest bidder was Halsey, Stuart
&
Co.,
First
Goldman, Sachs &
Michigan
Corp.,
Co.,
and
of
Hornblower & Weeks, jointly, for
lV4s, at 100.31.
will
Offering
be
—
received
bids
Sealed
by
Homer
R.
City Comptroller, until
(EST) on Nov. 26 for the
a.m.
purchase of $6,329,000 not to ex¬
ceed
4%
revenue
interest, Detroit
coupon
transit
bonds. Dated Feb.
1947. Interest F-A. Denomina¬
1,
tion
$1,000. Due on Feb. 1, as
$63,000 in 1948; $137,000
in
Dec. 1, 1947. Denomination $1,000,
1952; $814,000 from
1953 to
one
for $500. Due on Dec. 1, as 1955; $771,000 in 1956, and $729,000 from
1957 to 1960, all incl.
follows:
$5,500
in
1948;
$5,000
from 1949 to 1955, and $4,000 from Bonds numbered from 5,887 to 21,1956 to 1962 incl. Bidders to name 000, both incl., shall be callable
for redemption at the option of
rate of interest in multiples of lU
of 1%. Principal and interest pay¬ the City, in inverse order of their
able at the First National Bank of maturities, with the bonds within
Boston. The favorable opinion of any maturity to be selected by lot,
Storey,
Thorndike,
Palmer
& on Feb. 1, 1950, and on any in¬
Dodge, of Boston, as to the valid¬ terest date thereafter, with ac¬
ity of the bonds, will be furnished crued interest to date of redemp¬
tion at prices shown below:
the purchaser. No bids for less
than par and accrued interest will
be considered. Bonds will be de¬
livered
about
to
the
Dec.
purchaser
1,
in
Feb. 1, 1950
Feb. 1, 1952
Feb. 1, 1952
Feb. 1, 1954
Boston, against
of
Feb. 1, 1954
Boston
Feb. 1,11956
awarded
to
Whiting,
Weeks & Stubbs, of Boston, as
l3As, at a price of 101.07, a basis
about
1947.
Dated
Denomination
$6,000
1962
1.591%.
Nov.
on
inclusive.
semi-annual
Day
$1,000.
from
Due
1948
to
Principal
and
payable at
Co., Boston. The
be prepared
under the
supervision of and certified
genuineness
1,
interest
Trust
will
1
Nov.
by
the
as
Director
to
of
Accounts, Department of Corpora¬
tions
and
Second
l%s
Trust
Taxation
was
of
Massachu¬
high bid of
made
b,y
101.02
the
Day
Feb. 1, 1960
to the redemption date,
Bond
Sale—The $119,000 water
offered on Nov. 10 were
purchased by Whiting, Weeks &
Stubbs, of Boston, as l%s, at
101.279, a basis of 1.322%. Dated
Nov. 1, 1947. Interest M-N. Due
■
on
Nov. 1, as follows:
$8,000 from
be
cation
in financial
by
Rate
of
interest
be
to
in
of 1%.
delivered
or
in
ment
of
amount
posal
and
and
accrued
in
Chicago,
upon
approval at
election to be held
an
Nov. 25.
on
South
St.
Paul, Minn.
Voted—At
Bonds
election
the
proved
the
general
Nov. 4 the voters ap¬
on
$145,000
of
issuance
MISSOURI
issuance
bonds
was
of
Boonville, Mo.
ap¬
Voted—At
Bonds
election
the
general
Nov. 4 the voters ap¬
on
proved the issuance of $150,000
system improvement bonds,
sewer
Ypsilanti
Township (P. O.
Ypsilanti), Mich.
Caruthersville, Mo.
Sale—The $635,000 water
supply and sewerage system rev¬
bonds
enue
offered
purchased
Nov.
on
election
1947.
Interest M-S.
date
on
inverse
after
or
order
of
Sept.
1,
Sedalia, Mo.
Bond Sale—An issue of
Due
Sept. 1, as follows: $14,000 in 1951
to 1955, $18,000 in 1956 to
1960,
$22,000 in 1961 to 1965, $26,000 in
1966 to
1970, $32,000 in 1971 to
1975, $36,000 in 1976, and $39,000
in 1977.
Bonds are subject to re¬
demption on any interest payment
000
(bonds
value thereof and
plus premiums as
follows: $25 on each bond called
for redemption on or prior to Sept.
at
prior to
1,
Sept.
Co.,
Eisen
&
City,
as
serially
prior to
on
or
Sept.
1,
called
bond
thereafter but
on
1967, $10 on
redemption
for
or
prior to Sept.
1, 1970, $7.50 on each bond called
for redemption thereafter but on
or prior to Sept; 1, 1973 and $5 on
each bond called for redemption
but
thereafter
prior to Sept. 1,
1977
(unless any such premium
shall be greater than the interest
to accrue on any bond between
the redemption date
and stated
maturity of the bond, in which
event the premium for such bond
shall be the amount of interest so
to
accrue). Thirty days' notice of
a
paper
circulated in the
of its
State which carries, as part
registered bonds, 30 days' notice
shall be given by mail to the reg¬
istered address. Principal and in¬
terest
Bros.,
Stern
Soden-Zahner
syn¬
Co.,
Co.,
&
and
Lucas,
Wackerle, all of Kansas
Interest M-S. Due
March 1, from 1949 to
2s.
on
1967 inclusive.
Ste.
bonds
payable at the Detroit Trust
Co., Detroit.
Genevieve, Mo.
$15,000 bridge
purchased recently
Sale—The
Bond
■
were
by
Henry
F.
Rozier,
of
Ste.
Genevieve, at par, as l^s, and 2s.
Dated Oct. 1,
1947. Due from 1948
incl. Approved
as
to
legality by Charles & Trauernicht,
to
1967,
of
St.
Louis.
MONTANA
1961, $15 on
redemption
prior to Sept.
1, 1964, $12.50 on each bond called
for redemption thereafter but on
each
a
Co., City National Bank &
Trust
for
called
bond
thereafter but
or
by
par
redemption thereafter but on
or
prior to Sept. 1, 1955, $20 on
each bond called for redemption
thereafter but on or prior to Sept.
1, 1958, $17.50 on each bond called
for redemption thereafter but on
each
was
election
an
18
dicate composed of the Commerce
accrued interest
or
to
Nov.
on
$1,295,-
bonds
park
subject
held
be
Trust
within any maturity to be selected
by lot)
and
sewer
purchased
to
1951, in
maturity
general
the
Nov. 4 the voters ap¬
on
proved the issuance of $575,000
sanitary sewer system and water
works improvement bonds.
10
by
Stranahan,
Harris & Co., Inc., of
Toledo, and
Associates, as 3%s, at a price of
92.70, a basis of 4.327%.
Dated
1,
Voted—At
Bonds
Bond
?
Glendive, Mont.
issue
Sale—An
Bond
000 21/2%
of
$100,-
water system bonds was
purchased recently by
a syndicate
of J. M. Dain & Co.,
Piper, Jaffray & Hopwood, Kal¬
man & Co., Allison-Williams Co.,
all of Minneapolis. Interest J-D,
composed
Due
Jan.
on
1, from 1949 to 1968
in
inclusive, callable
the
are
1953. These
authorized
bonds
election held
at
an
April 7, 1947.
on
NEBRASKA
Cozad School
District, Neb.
Bonds Voted—At
tion
voters
held
be
to
special elec¬
Nov.
consider
will
of $85,000
a
on
the
the
19
issuance
construction bonds.
Omaha, Neb.
Bond Sale—The
offered
following bonds
166, p. 1832
Nov. 7—v.
on
purchased by
a syndicate
of the First National
Bank, of Chicago, City National
Bank & Trust Co., of Kansas City,
—were
composed
National
Co.
of
and
1.10s,
100.0327, a net interest cost of
1.0934%, as follows:
Omaha,
Greenway Co., of Omaha,
as
at
MINNESOTA
Bond
New
upon
price
payment
interest
to
pro¬
of
date
par
of
delivery. Certified check for 2%
of
the
total
par
value of the
bonds, payable to the City Treas¬
urer, is required. These are part
of the $8,634,000 bonds
of
offered
on
100.555,
as
follows:
$11,000
sewer
warrants.
serially from
1949 to
water
main
certificates.
Due
serially from 1949 to
was
120,000 iire
series
1,
1947.
Due
011
1952.
1,
of
engine
house,
bonds.'
1947
1947. Due
1,
on
-
2nd
Dated
Dec. 1,
1952.
arterial
series
Nov.
of
highways
1947
1, 1947. Due
on
2nd
Dated
bonds.
Nov. 1,
100,000 port and terminal series
Benson, Minn.
000
Nov.
1952.
1955 inclusive.
Sale—An
Nov.
119,000
inclusive.
Bond
Dated
Dec.
Due
1957
7,000
pay¬
in
$18,000 were
purchased recently by the Annadale State Bank, as
l3/4s, at a
York
named
totaling
equip¬
department
ment 2nd series of 1947 bonds.
Offering —The following
certificates
fire
$150,000
Annadale, Minn.
of Detroit in said cities. The bonds
be
$250,000 construction bonds
will be submitted to the voters for
report.
by publi¬
in
Principal
and interest payable at the office
of the City Treasurer, or at the
option of the holder, at the banks
in
the
City of New York and
Chicago, which are at the time
of payment acting as the official
fiscal agency banks of the City
multiples of
proposal to
Election —A
Bond
issue
newspapers
City and Chicago, and
registered holders of these
bonds.
Elementary Sch. Dist»
(P. O. Richfield), Minn.
proved by the voters at the gen¬
on Nov.
4, according
New York
City,
Hamilton, Mass.
sewer
regular service, notices of sale of
municipal bonds, and in case of
shall
redemption
Richfield
Shores, Mich.
Voted—The
$200,000
the
by
water tower construction bonds.
lication in
given not less than 30 days prior
will
Co., Boston.
for
until Nov.
Nov. 4 election.
Clair
City Clerk,
19 for the purchase of
received
$50,000 hospital bonds.
proved by a wide margin the pro¬
posal calling for the issuance of
$130,000 water works bonds at the
St.
bids wilS
Bond Offering—Sealed
be
redemption will be given by pub¬
Notice of the call of any of the
bonds
City Electrical Department.
Mount Pleasant, Mich.
Voted—The City Man¬
states that the voters ap¬
102.
101.50
101.
100.50
Feb. 1, 1959
Feb. 1, 1959
on
Bonds
103.
102.50
Feb. 1, 1956
Feb. 1, 1958
Feb. 1, 1958
funds.
Water Notes Sold—The issue of
was
Price
or
on
the
at
$90,000 water notes offered Nov.
10
Redemption
Before
First
1947,
Bank
follows:
On and After
tal
City, Mich.
$25,000 public
Sale—The
Bonds
Sale—The
Bond
highest bidder was H.
V. Sattley & Co., for
3%s, at a
price of par.
ager
Falls, Minn.
$80,000 hospi¬
bonds authorized at an election
June 4 were purchased by the
Granite
bid
for
Detroit, Mich.
Bond
10
Crowell,
only
1, 1953, $22.50 on each bond called
MICHIGAN
Marson,
District
bonds
the
Water
received
for
Maysville, Ky.
election
Due
1948
on
Principal and interest pay¬
able at the First National Bank of
highest
Bond Offering—Sealed bids will
be
improvement bonds.
—
next
Boston, for Is, at 100.106.
Nov. 4 the voters ap¬
issuance of
$40,000
Bonds Voted
proved
The
bidder
the National Rockland Bank,
setts.
London, Ky.
Bonds Voted
bonds.
1, from
sewerage
$82,000
Boston, as to the validity of the
bonds, to be furnished the pur¬
notes
Nov. 4 the voters ap¬
on
Oct. 1,
$13,000 in 1948 and
1949, and $12,000 in 1950 and 1951.
Principal and interest payable at
the
Lexington, Ky.
•election
on
follows:
of
Leitchfield, Ky.
Bonds
Is, at a price of 100.109,
of 0.95%. Dated Oct. 1,
as
1947. Interest A-O. Due
gen¬
issuance
bonds,
1947
Dudley, Mass.
$25,009 jail bonds.
election
$820,000
Boston.
payment
Nov. 4 the voters
the
a
the
rejected:*
next
were
Stubbs, Of
National
County (P. O. Hodgensville), Ky.
approve
$75,000
in
been
'90s,
understood
Bonds Not Voted—At
not
the
proposal.
eral election
•slid
Al-
replacing
which
since
Sailed
the
favor
constitution
arural
of
some
in
proposal
a
State Constitution.
new
7,
as
iy4S,
at
basis of 1.17%, as fol¬
lows:
000
Clerk, until 8 p.m. on Nov.
18
for
the
purchase of $68,500
water main coupon bonds. Dated
Henderson, Ky.
Bonds Not
100.385,
York, jointly, pur¬
$1,020,000 bonds of¬
Nov.
on
by Whiting, Weeks &
5
The
Sept.
South Dennis), Mass.
the
$400,000 county hospital bonds.
eral election
the
which
building bonds offered on Nov. 10
—v. 166, p. 1936—were
purchased
by McDonald-Moore & Co., of
Detroit, as 3%s, at a price of
100.1023, a basis of 3.746%. Dated
Nov. 1, 1947.
Interest M-N. Due
serially from 1950 to 1962 incl.
to
A-O.
of
act
Nov.
on
Dennis
Nov. 4 the voters
on
approve
New
munic¬
bonds of¬
purchased
of
Bonds Not Voted—At
eral election
of
fered
Sale—The $50,000
relief
fered
Harding County (P. O.
Elizabethtown), Ky.
rdid
ler,
chased
for
was
Garden
Bank, and Salomon Bros. & Hutz-
were
ipal
The
county hospital bonds.
Bonds
the
house bonds bear¬
ing Nos. 307, 306, 305, 304, 303,
302, 301, 300, 299, 298, 297, 296,
295, 294, 293, 292, 291, 290, 289, 288,
287, 286, 285, 284, 283, 282 and 281.
a
Ky.
proved
of
that
Jan. 1, court
on
as
Voted—At
Secretary of
Liquidation, City
City will redeem
Phillips,
Board
22,
Bond
Sale—The Chase National
Bond
by
stated
Beverly, Mass.
issuance
on
is
It
—
Oct.
received
eral election
Worcester, Mass.
New Orleans, La.
Bond
Horace
13—v.
Nov.
166, p. 1936—were purchased by
Halsey, Stuart & Co., and the First
of Michigan Corp., of New York,
jointly, as l%s, at a price of
101.0899, a basis of 1.626%. Dated
Dec. 1, 1947.
Interest J-D. Due
serially on Dec. 1, from 1948 to
1957 inclusive.
Approved as to
legality
by
Storey,
Thorndike,
Palmer & Dodge, of Boston. The
next highest bidder was Harriman
Ripley & Co., Inc.; Kidder, Peabody & Co.; Estabrook & Co., and
R. L. Day & Co., jointly, as l%s,
at a price of 100.86.
200,000
4Caldwell County (P. O. Princeton),
Bonds
$10,000
municipal water plant bonds was
purchased on Oct. 20 by the Com¬
mercial
Deposit Bank, of Win¬
chester, at 103.00.
city
$430,000
on
to
Nov. 4 the voters ap¬
election
of
Sale —The
Bond
hall bonds offered
MASSACHUSETTS
(P. O. Scottsville),
Ky.
Voted—At
gen¬
issuance
$55,000 water system bonds.
hospital bonds.
County
the
approve
KENTUCKY
Allen
sewer
eral election on Nov. 4 the voters
Debt,
Stevens County (P. Q. Hugoton),
$460,000
Mass.
Lynn,
_
cipal and interest payable at the
Treasurer's
that
stated
system bonds was approved by a
large majority of the voters at
the Nov. 4 general election.
the option of the purchaser. Prin¬
State
is
the issuance of the
even
multiple of Vs of 1%. No
bids of less than par and accrued
interest will be considered. It is
Company, for 1V2S, at 101.255.
Richmond, Ky.
Voted—It
to
1961, incl., and $7,000 in
to legality by
Storey,
Thorndike,
Palmer
&
Dodge, of Boston. Principal and
interest payable at the Day Trust
Company, Boston. The next high¬
est
bidder
was
the
Day Trust
bonds
Bonds
.
1962.. Approved as
issue
Denomination
or
1948
.
1947
Monday, November 17,
'
issue
of
of
$200,-
1947
1947.
bonds.
Due
on
Dated
Dec.
electric
plant revenue bonds
purchased
recently
by
a
syndicate composed of Juran &
Moody, Kalman & Co., both of
St.
Paul, and Allison-Williams
Co., of Minneapolis,^? 2s, ,and
50,000
fire
1,
department
ment
series
Dated
Oct.
of
1947
Dec.
1,
1952.
equip*
bonds.
1, 1947. Due Oct,
1, 1952. -v
50,000 ^arterial
series"of
highway
1947;* bonds.
3rd
Dated
Volume
Number 4647
166
Dec.
1947. Due
1,
1,
Dec.
on
THE, COMMERCIAL & FINANCIAL CHRONICLE
1952.
40,000 arterial highway aex-ies Of
1947.bonus. Dated Oct. 1,1947.
Due on Oct. 1, 1952.
40,000 fire engine house series
of
1947
bonds.
1947. Due
30,000
Dated
Dec.
1,
police
1947.
Due
in 1951 and 1952.
on
bonds.
1947
10,000
crosing
bonds.
1947. Due
series
Oct.
Dated
Oct. 1,
on
grade
1947
tional
1,
issue
s.n
of
$50,000
Bond
held
Dec.
on
9
Date
School
of
Sale
election
the
10
Nov.
our
1937
has
—
166,
changed
terest
p.
bonds
taken by the
of
166,
$803,000
are
of
p.
described
$613,000
Due
190,060
A
2.56%.
as
on
Nov.
payable
1947.
for
$801,000 as 2%s.
was
a
bid
of
1, in
City.
offered
166,000
53,000
$2,200, payable to the city, is
required.
NEW MEXICO
Santa Fe County,
Santa Fe
Municipal Sch. Dist.,
Sale—The
bonds offered
1937—were
$400,000 school
11—v. 166,
purchased
by
der
was
Boettcher & Co.; Bos¬
worth, Sullivan & Co., and Peters,
Writer & Christensen, for l%s, at
100.156.
Cheektowaga Union Free Sch. Dist.
No. 3 (P. O. Buffalo 21), N. Y.
Sealed
—
will be received by John
coupon
registered
or
bonds.
Dated
terest M-N.
Due
Nov.
on
bids
Seyferth,
building
1947. In¬
1,
Denomination $1,000.
May 1,
1948
to
of 1946 bonds.
sewer
of
1947
series
A
Warrensburg, N. Y.
Bond Offering—Sealed bids will
received until 2 p.m.
be
(EST),
Nov. 20, by Lee R.
Orton, Town
on
Supervisor,
for
$20,000
registered town
(serial), 1947 bonds.
the
i
storehouse
Interest rate is not to exceed
5%>
must be
payable M-S 15. Each bid
all
tor
of
the
bonds
of
of
Marion
Jamestown,
H.
that
the
l/10th
of
1%.
Bids
a
must
be
for
Sept. 15, 1947. Due $2,000 from
Sept. 15, 1948 to 1957, incl. Prin¬
cipal and interest payable at the
Emerson
National
Bank
in
War¬
Lynbrook (Village of), N. Y.
Offering—Sealed bids will
The approving opinion
of Vandewater, Sykes &
Heckler,
of New York, will be furnished to
received
the purchaser without cost
on
Nov.
certified
until 3 p.m.
(EST),
19, by Bonno Ries, Vil¬
lage Treasurer, for the purchase
of
$84,000 coupon or registered
general improvement (serial)
bonds, 1947. Interest rate is not
to exceed 4%, payable J-J.
In¬
terest
rate
is
to
multiple of
be
stated
in
a
l/10th of 1%, at
or
not less than par and accrued in¬
terest. Principal and interest pay¬
able
the
at
Bank
&
Lynbrook
Trust
Co.,
1947.
Due
Dated Dec.
July
on
1,
fol¬
as
$9,000 in 1948; $11,000 in
1951; $12,000, 1952, and
$6,000 in 1953 to 1957. Each bid
to
must be for
state
all
of
single
a
therefor.
the bonds
rate
of
and
interest
The
approving opinion
Vandewater, Sykes & Heckler,
of New York, will be furnished to
the purchaser without cost. A cer¬
of
tified
the
check
order
for
of
$1,680, drawn to
the
Village of Lyn¬
brook, must accompany the bid.
New York City Housing Authority,
New York
Note
will
Offering
Sealed
—
der of the Town of
must accompany
or¬
Warrensburg,
the bid.
Walertown, N. Y.
Bonds Voted—At a meeting held
recently the City Council voted to
issue
$190,000
memorial
stadium
bonds.
Westfield,
National
Lynbrook.
Denomination $1,000.
A $400
check, drawn to the
Sale
Bond
addition
—
N.
Y.
The $14,000 sewer
bonds offered
on
Nov. 5
166, p. 1834—were purchased
by the Manufacturers and Traders*
—v.
Trust Co., of
a
Buffalo,
price of 100.11,
Dated
on
Nov.
Due serially
1, from 1948 to 1952 in¬
Nov.
clusive.
the
was
as 1.40s, at
basis of 1.36%.
a
1, 1947.
The next highest bidder
Union
Trust
Co.,
of
Jamestown, for lV2s, at 100.11.
Williston Park, N. Y.
Bond
The
Issuance
Contemplated—»
village
is contemplating the
issuance of the following bonds:
$25,000 fire apparatus bonds, and
$14,000 parking field site purchase
bonds.
bids
received
be
all
the
of
bonds.
Prin¬
—
and accrued interest will
par
Floral Park
(Village of), N. Y.
be
Bond Offering—Sealed bids will
be
received
Nov.
entertained.
formation
until 2 p.m. (EST),
19, by Edward C. Ullmann, Village Treasurer, for the
purchase of $21,000 coupon or
registered general improvement
will
further
in¬
N. Y. C.
(serial), 1947 bonds. Interest rate
is not to exceed 5%, payable M-N.
Each bid must be for all of the
For
apply to the Chairman
the
New
York
City Housing
East 42nd Street,
122
South Nyack, N. Y.
Bond
Offering
be
Sealed
—
received
by
G.
bids
Hillard
Ross, Village Clerk', until 3:30
p.m.
Nov.
pressed
pon
or
and
Dec.
1,
and
state
of
Authority,
single
a
therefor.
of
rate
Rate to
be
ex¬
in a multiple of V\ or
l/10th of 1%, at not less than par
accrued interest.
Denomina¬
tion
on
registered bonds.
Dated
1947. Interest J-D.
De¬
of the
issuing units of the follow¬
ing refunding or funding bonds,
all dated July 1, 1936:
Buncombe County.
Buncombe County Series 2.
City of Asheville General.
City of Asheville Series 2.
City of Asheville Water.
Asheville Local Tax School Dis¬
trict.
Biltmore
Special
School
Tax
District.
Iiaw
Creek Special
School Tax
District.
Oakley Special School Tax Dis¬
Dated Nov. 1, 1947.
Nov. 1, in 1948 to
1951, and $5,000 in 1952. Princi¬
pal and interest payable at the
nomination
$1,000. Due on Dec.
follows: $5,000 from 1948
to 1952; $2,000 from 1953 to
1956,
and $1,000 in 1957.
Rate of in¬
trict.
1,
Valley Springs
Taxing District.
equipment bonds shall be in de¬
First
nominations of $500 each.
terest to be in multiples of V4 or
1/10 of 1% and must be the same
District.
of
for all of the bonds.
trict.
Nov.
1,
1947.
interest
Denominations $1,000 each,
1947 series
bonds
sewer
A, the housing and
Due
on
Nov. 1, as follows: $60,500 in 1948;
$73,000
in
$72,000
in
1949;
1951;
$74,000
in
1950;
$70,000
in
1952;
$45,000 in 1953 and 1954; $50,000
1955 to 1957; $10,000 from
1958 to 1963, and $5,000 in
1954,
from
all
inclusive.
be
in
Rate
of
interest
to
multiples of
%
or
1/20
Due
of
1%, and must be the
same
$1,000.
$4,000
National
son,
New
South
Bond
1833
p.
New York City, that the bonds
Hall &
Wood, of
are
legally binding obliga¬
City. A certified check
$13,090 payable to the City, is
required. >
tions of the
for
—
syndicate
at
a
on
were
$21,400
Nov.
composed
of
Dated
terest A-O.
Oct.
Due
Bank
as
serially
on
chaser
l%s,
In¬
Oct.
1, from 1948 to 1954 inclusive. The
Bond
Offering—Albert J.
Rig-
gins, City Clerk, will receive seal¬
next
highest bidder
was
Co., for 1.40s, at 100.225.
at
Delafield
City,
2%
on
be
the
Nyack
Nyack.
The
delivered
the
&
at
Co.,
office
of
the
pur¬
Hawkins,
Wood, of New York
about
or
Dec.
10,
1947.
the
of
amount
of
bonds
for, payable to the Village, is
quired.
bid
re¬
Tilney &
Venable
Special
Special
School
School
Tax
Weaverville Public School Dis¬
Wood fin
Special
School
Tax
District.
Beaverdam
Water
Sewer
and
District.
Caney
Valley
Sanitary
Sewei
District.
Fairview
Sanitary
Sewer
Dis¬
trict.
Hazel
Ward
Water and
Water¬
shed District.
Skyland
Sanitary
Sewer
Dis¬
Buncombe
Water
and
trict.
South
Watershed District.
Spring Valley, N. Y.
Bond Sale—The $22,000
paratus
bonds
offered
on
Swannanoa
fire
ap¬
Nov.
6
166, p. 1729—were purchased
by the State Bank of Albany, as
—v.
IV4S, at
of
yVoodbury, N. J.
Trust
a
basis of
a
1, 1947.
payable
&
bonds will
Vostal,
Co., of New York,
price of 100.142,
1.213%.
166,
purchased by
interest
Principal and
approving opinion of Haw¬
kins, Delafield & Wood, of New
York City will be furnished the
purchaser. A certified check for
water
6—v.
as
The
York
Sale—The
bonds offered
will be furnished with the
opinion
of Hawkins, Delafield &
valid and
Trust Co.
Huntington),
New
Co., Pater¬
at the Bankers Trust Co.,
York City.
The purchaser
&
Huntington, South Huntington
Water District (P. O.
for all
or
Bank
Floral
Principal and inter¬
est payable at the First Paterson
National Bank & Trust
on
Park.
The approving
opinion of Vandewater, Sykes &
Heckler, of New York, will be
furnished to the purchaser with¬
out cost.
A $420 certified check,
payable to the order of the Vil¬
lage of Floral Park, must accom¬
pany the bid.
of the bonds.
i
state
rensburg.
21 for the purchase of
$34,000 not to exceed 4% interest
street improvement of 1947 cou¬
of
bridge bonds.
Due on
1, as follows: $9,000 from
to 1957, and $10,000 from
and
by Thomas F.
NORTH CAROLINA
Farrell,
Chairman,
until
noon
Buncombe County (P. O. Ashe(EST) on Nov. 19 for the purchase
cipal and interest to be payable
ville), TV. C.
of
$11,121,000
temporary
loan
at the Manufacturers and Traders
Bond Tenders Invited
It is
notes
(Issue XXXVIII).
Dated
Trust Co., Buffalo. The bonds will
stated by Curtis Bynum, Secre¬
Dec. 17, 1947.
Due $7,687,000 on
be delivered at New York City,
June 17, 1948 and $3,434,000 on tary of the Sinking Fund Commis¬
or at such other place as
may be
sioners, that pursuant to provi¬
Dec. 17, 1948. The notes will be
agreed with the purchaser about
sions of the respective bond orders
Dec. 1, 1947. The approving opin¬ payable at the Chemical Bank &
and ordinances authorizing then
Trust Co., New York City.
The
ion
of
Vandewater,
&
Sykes
issuance, tenders will be received
Heckler, of New York City, will approving opinion of Caldwell, by the Sinking Fund Commission
be furnished the purchaser. A cer¬ Marshall, Trimble and Mitchell, of
until Nov. 25, at noon, for pur¬
New York City, will be furnished
tified check for $13,900 payable
chase by the respective sinking
the purchaser.
No bids for less
to the District, is required.
funds, in the name and on behalf
than
for
same
bonds
except bond No. 1, of
$26,000
of
coupon or
bonds are valid and
binding obli¬
gations of the Village.
A certi¬
fied check for $300 payable to the
Village, is required.
Fisher,
opinion
interest
Dated
$37,000
purchase
not less than par and accrued in¬
terest. Denomination $1,000. Dated
the
lows:
YORK
Offering
Prin¬
ice of
p.
with
1949
Bond
bonds.
a
single rate of interest therefor,
expressed in a multiple of V4 or
1,
NEW
the
the
Bond
the
Northern Trust Co., of Chicago,
and Lucas, Eisen & Wackerle, of
Kansas City, jointly, as 13/4S, at
100.30, a basis of 1.716%. Dated
July 1, 1947. Interest J-J.
Due
serially on July 1, from 1948 to
1961, incl. The next highest bid¬
p.
of
be
Co., for 1.30s, at
100.024.
be
Nov.
on
all
must
ney &
53
cipal and interest payable at the
Bank of Jamestown, Jamestown.
The purchaser will be furnished
*
Mex.
N.
and
9,500 equipment bonds.
a.m.
incl.
the
1%,
47,500 housing bonds.
33,000 library of 1947 bonds.
29,000 sewer of 1947 bonds.
in 1948, and
$11,000 from 1949 to 1967, incl.
1948
improvement
bonds.
M-N.
1958 to 1967, both incl.
with
on
street
sewer
47,500
235,000 port terminal and airport
bonds. Due on Dec. 1, as fol¬
'[
Nov. 26 for the
bonds.
school bonds.
Due on
Dec. 1, as follows: $40,000 in
1948, and $27,000 from 1949
to 1967, incl.
Dec.
on
103,000 street and fire apparatus
553,000
190,000
a.m.
bonds.
$1,046,000 equipment bonds. Due
on Dec. 1, as follows:
$250,000
in
1948;
$195,000
in
1949;
$200,000 in 1950 and 1951, and
$201,000 in 1952.
967,000 building, reconstruction
and
equipment bonds.
Due
on Dec. 1, as follows:
$96,000
in 1948; $103,000 in 1949, and
$96,000 from 1950 to 1957, incl.
744,000 public library bonds. Due
on Dec. 1, as follows:
$38,000
in 1948; $36,000 in 1949; $38,000 in 1950; $39,000 in 1951;
lows:
will receive sealed bids
1947 bonds.
follows:
1952, and
166,
by Bo-
interest coupon or registered
bonds, as follows:
$166,000 street improvement series
(EST) on Nov. 25 for the purchase
$3,827,000 not to exceed 6% in¬
terest coupon or registered bonds,
in
5—v.
6%
of
$38,000
Nov.
on
purchase of $654,000 not to exceed
phy, Director of the Department
Finance, will re¬
from 1953 to 1967,
York City
Paterson, N. J.
Offering—Miss Esther R.
Finance,
of Revenue and
as
New
1728—were purchased
until 11:15
for
Newark, N. J.
Bond Offering—Vincent J. Mur¬
11
City
at the
or
Trust
Co.,
New
A certified check for
Wood of
Bond
Third best
until
for
Na¬
Branch
Marks, Acting Clerk of Board of
reoffered
the
above bonds for general invest¬
ment at prices to yield from 1.00%
to 2.75%, according to maturity.
bids
Rutherford
Lyndhurst
1, from 1948 to 1958 inclusive.
Interest
purchasers
sealed
the
1, Lyndhurst,
Bonds Offered for Investment—
ceive
same
Woodbury.
furnished
a
as
$802,000 as 2%s, entered by a
group headed by B. J. Van Ingen
Co., of New York.
The
name
land, Saffin & Co., of New York,
IV2S, at
100.08, a basis of
1.484%. Dated Nov. 1, 1947'.
In¬
terest M-N.
Due serially on Nov.
series
100.389
to
Dec. 1, from
on
of
Co.,
The purchaser will be
$695,000 not to exceed 5% interest
p.
Second best bid
was submitted by a group headed
Iby Braun, Bosworth & Co., Inc.,
and associates, an offer of 100.55
offer
Bidder
at
M-N.
1,
Nov.
on
$1,000. Due $3,000
1/10
& Trust
subsequent in¬
any
street improvement bonds. Dated
Dec. 1, 1947. Interest J-D. Denom.
First National Bank
as follows: $20*,000
1958, and $25,000
County (P. O. Toms River), from 1959 to 1977 incl. Rate of
New Jersey
interest to be in multiples of %
Bond Sale—The $33,000 garage
or
1/10 pf 1%, and must be the
1948 to 1957.
Dated
on
Bank,
bonds
Nov.
Prin¬
Ocean
follows:
Due
bonds.
bonds.
District Clerk, until 3 p.m. (EST)
on
Nov. 19 for the purchase of
The issues
building,
the
of
Nov. 17 for the purchase of $15,000
not
to
exceed
5%
interest
1948 to 1952 inclusive.
Rate of
interest to be in multiples of V4 or
from
series A bonds.
Nov. 1, 1948 to 1976.
hospital
p.m.
maturing from
are callable, at
incl.
date.
field &
water,
on
will
8
$800, payable to order of the
borough, is required. Legality to
be approved by Hawkins, Dela-
was
successful bidders—
about
all
York
Bacon, Stevenson & Co., R. W.
Pressprich & Co., both of New
York, and Rand & Co., of Newark,
as 2.60s,
at a price of 100.33, a
basis
1%,
Bank-Farmers
offered
12—v.
Nov.
until
the
Bonds
or
payable
No.
Bond Sale—Of the $805,000 cou¬
on
Clerk,
bids
for
1955
tional
total
25
B.
single rate of interest, expressed
in a multiple of Vsth or l/20th of
1%. Principal and interest (M-N)
from
NEW JERSEY
1833—a
Borough
incl.
1, 1952,
Jersey City, N. J.
registered
of
Robert
—
and accrued interest,
par
Nov. 17 to Nov. 24.
pon or
for sale
opinion
or
1953 to
The
—
for
same
multiples of % or
and must be the
Lakewood, N. Y. >
Bond Offering — Carl R. Heyburg, Village Clerk, will receive
sealed bids until 1 p.m. (EST) on
cipal and interest payable at the
Bond
sealed
Nov.
1955
Neb.
issue—v.
been
of
all
registered emergency
housing
bonds.
Dated
Nov.
1,
1947.
Denomination
$1,000. Due
$5,000 on Nov. 1 from 1948 to
date of sale of the $225,000 school
bonds notice of which appeared
in
a
1%,
and
Offering
coupon
voters
District,
Changed
for
same
the
of
purchase of
$40,000 not to exceed 6% interest
•will consider the issuance of $5,€00 airport bonds.
Stanton
l/20th
or
the
Arlington, N. J.
Galloway,
Rushville, Neb.
be
V4
be
North
on
to
of
Hoyt
receive
an
of
$76,540, payable to the
city, is required.
construction
Election—At
l/20th
check for
bonds.
Bond
and
annum
Washburn, of
New York City, that the bonds
are valid and
legally binding ob¬
ligations of the city. A certified
25
Nov.
Denomina¬
for
per
interest must be in
of
must
Reed,
Bender Corp., of Omaha, has.con¬
tracted to purchase subject to an
on
M-N.
The purchaser will be
rate
and
Ravenna School District, Neb.
Sale — The Wachob-
held
Interest
with
interest
multiple
Bond
be
1947.
tion $1,000. Due $10,000 on Nov. 1,
from 1948 to 1958, incl.
Rate of
opinion of
Hawkins, Delafield & Wood, of
New York City, that the bonds are
valid and legally binding obliga¬
tions of the city. A certified check
the
par.
to
of, $1.10,000 not to
interest funding of
1947 coupon bonds. Dated Nov. 1,
6%
furnished
1,
Dated
the Na¬
Bank, Newark. Bid¬
required to submit the
are
of
purchase
exceed
the bonds.
of
Dec.
ders
Dec. 1, 1952.
on
payable at
State
rate
1952.
series
The
next highest bidder was
Glore, Forgan & Co., California
Bank, Los Angeles, and White,
Weld & Co., jointly, for 1.10s, at
election
interest
ed bids until 8 p.m. on Nov. 25 for
the
interest to be in
Dated Dec. 1, 1947. Interest J-D.
Denomination
$1,000.
Principal
and
equipment
1947. Due
,
1,
1, 1952.
22,000
of
Nov.
..
1, 1952.
series of 1947 bonds.
sewer
Dec.
Dated
Nov.
on
.
59,000 Newark trade school bldg.
bonds. Due on Dec. 1, as fol¬
lows:
$11,000 in 1948, and
$12,000 from 1949 to 1952, incl.
33,000 storm sewer bonds. Due
on Dec.
1, as follows:"" $7,000
from 1943 to 1950, and $6,000
(2041)
a
Woodfin
Sewer
ally from
The next
1948 to
on
Dec.
1952
highest bidder
1, seri¬
inclusive.
was
Til¬
Sewes-
Sanitary
Water
and
Burke
County (P. O.
Morganton), N. C.
price of 100.076, a basis
Dated Dec.
1, 1947.
Due
and
District.
1.223%.
Interest J-D.
Water
District.
Bond
will
be
(EST)
on
Offering
received
—
Sealed bids
until
11
a.m.
Nov. 18, by W. E. East-
54
(2042)
Secretary of the Local
Commission, at his
office in Raleigh, for the purchase
of $350,000 coupon school build¬
ing, Series A bonds. Denom. $1,000. Dated Nov. 1, 1947.
Due on
May 1, as follows: $6,000 in 1949
to 1952, $8,000 in 1953, $12,000 in
1954 to 1972, and $15,000 in 1973
to 1978, inclusive, without option
of prior payment.
Principal and
interest (M-N)
payable in New
York
City.
General
obligation
Government
registerable as to princi¬
Delivery on or about
12, at place of purchaser's
bonds,
pal alone.
Dec.
East
Ohio
Berea,
erling,
on Nov. 6—v. 166, p. 1531
purchased by Fahey, Clark
Co., of Cleveland, as 2V4S, at a
price of 100.871, a basis of 2.153%,
&
clusive.
each
of
must
for
bid
be
Each
bonds of
rate
rate.
con¬
secutive maturities. No bid of less
than par and
Oct.
1,
1947.
Interest
Bloomville
election
proved
Sch
Ohio
Dist.,
Voted—At
the
general
Nov. 4 the voters ap¬
on
the
issuance
$125,000
of
construction bonds.
Bradner, Ohio
Bonds
form to be
a
on
must
be
accom¬
certified
check
upon
an
incorporated bank or
trust company, payable uncondi¬
tionally to the order of the State
by
Voted—At the
on
a
public
$50,000
gen¬
did not approve the issuance of
$15,000 fire station bonds.
Brecksville, Ohio
the gen¬
did not approve the issuance of
$50,000 site purchase and village
hall building bonds.
Sale—The $12,000 water
improvement bonds offered
Nov. 7—v. 166, p. 1834—were
(P. O. Berea), Ohio
The approving opinion of
Village Clerk, will receive sealed
tenders until noon on Dec. 1, of
City, will be furnished the pur¬
refunding
chaser.
1938.
water system
of $25,000
issuance
bonds.
Election—At
Bond
held
be
to
Campbell, Ohio
did
an
election
not
$345,000
1, from 1949 to 1968 incl.
The
approving opinion of Peck, Shaf¬
fer & Williams, of Cincinnati, will
be furnished the purchaser.
of $1,plant bonds; $300,sewer bonds: $105,000
will consider the issuance
on
the gen¬
Nov. 4 the voters
the issuance of
various bonds.
approve
Carrollton, Ohio
power
NORTH DAKOTA
Bonds
Berthold
District, N. Dak.
School
Bond Offering
will
Education,
of
Board
Clerk
Harry White,
—
sealed bids until Nov.
receive
24
purchase of $20,000 not to
exceed
3%
interest
building
bonds.
These are the bonds au¬
thorized at the election held on
for the
Nov. 24.
Due in 10 years.
Bonds
bonds
is
Voted—The
sewage
said to
of
plant
been
ap¬
proved by the voters at a recent
election.
Antwerp,
elect'o
i
on
—
Ohio
At the general
Board of Education
disposal bonds.
Voted—At
on
general
the
Nov. 4 the voters ap¬
proved the issuance
building bonds.
$215,000
of
Offering —J.
C.
Wells,
$100,000
3%
sanitary
sewer
system
bonds.
Dated Dec. 1, 1947. Interest A-O.
Denomination $1,000. Due on Oct.
1, as follows: $5,000 from 1949
purchase
of
bid for
interest in a
to 1938 incl. Bidders may
differert
rates
Voted—At
of
the
on
Chester
$625,000
of
proved the issuance
hospital bonds.
District
did not approve the issuance of
$50,000 construction bonds.
(P. O.
Coshocton), Ohio
Bonds
Not Voted—At the gen¬
eral election on Nov. 4 the voters
not
approve
did
not
on
the gen¬
Nov. 4 the voters
approve
the
issuance of
$100,000 grandstand bonds.
Crest on
Bonds
not
School District,
Not Voted—At
on
Ohio
the
gen¬
Nov. 4 the voters
approve
the issuance of
$160,000 construction bonds.
Dalton School District, Ohio
Bonds
election
proved
Voted—At
on
the
the
of
$265,000
The
did
building bonds was
approved by the voters by a count
of 863 to 131, at the election held
on Nov.
4, according to the ClerkBoard
of
the
$550,000
were
a
Voted—It
is
construction
eral election
North
Bonds
that
did
did
not
the
bids until
Nov. 29 for the
noon on
purchase of $25,000 3% fire sta¬
tion, equipment
building
bonds.
authorized
at
the
primary
May 7, 1946. No bids
on
for less than par and accrued in¬
terest
will be considered. A
tified
check
to
the
cer¬
for
$1,000 payable
Treasurer, is re¬
Village
quired.
Grover
Hill, Ohio
Bonds Voted
election
At the general
—
Nov. 4 the voters ap¬
on
proved the issuance of $5,000 fire
engine bonds.
At
—
the
general
proved the issuance of $10,000 site
purchase and building bonds.
Ohio
Harrison,
Bonds Voted
At the general
Nov. 4 the voters ap¬
election
on
proved
—
the
issuance of $60,000
It is expected that
the bonds will be placed on the
market about May 15, 1948.
bonds.
Voted—At
on
proved
the
the
general
Nov. 4 the voters ap¬
of
issuance
$70,000
Jefferson
Township (P, O. Jeffersonville), Ohio
Offering — A. R. Davis,
sealed
Trustees, will
until
bids
noon
re¬
18
Dated
bonds.
Dec. 1,
1947. Interest J-D. Denom. $1,000.
and $500. Due $2,500 on Dec. 1,
apparatus
to
as
Voting
On
Ohio
the results of the
and
Norwalk
did
not
$90,000
processed
and
Danbury Twp. School District
(P. O. Marblehead), Ohio
Bonds Voted—The Clerk of the
com¬
■
,
When the bonds
are
not
sold, they must mature serially over a period
Consequently, the maturities of the bonds
exceeding 15 years.
will be quite desirable. The bonds will also
certainly be of high
quality. Finally, the bonds will also enjoy a wide marketability. We
imagine every bank in Ohio will manage to buy some of these bonds.
Now, aside from these state bonds, there were not very many
Ohio
the
of
bonds
voted
amounts
seem
Ohio
also
Tuesday
on
in
voted
to bear out
our
recent
—
at least not in comparison with
since 1943. This result would
years,
recent indications that the peak of
subdivisions has
passed.
quite
Let
hopeful that the supply
or 1943, in which years
$828,000, respectively.
voting bonds
hope so. However, we are
will not dry up to the mere
the voters approved only $795,us
Total bonds of Ohio subdivisions submitted
at the general elec¬
$38,500,000. As of this writing we
have unofficial reports on the outcome of $33,868,000 of such bonds,
of which $19,374,000 are reported approved and $14,494,000 were
turned down. These figures show 57% approved, which compares
with 94% approved in 1944, 75% in 1945 and 74.6% in 1946.
When reports are all in, we estimate that some $23,500,000 bonds
will have been approved last Tuesday.
tion this year amounted to
some
RECORD OF VOTING ON BOND ISSUES IN RECENT YEARS
(Figures for 1935-46 from Ohio Municipal Advisory Council)
Amount Submitted
Year
1935
1942
1944
1943
——
1945
—
of
general hospital bonds.
Actually, the peak of voting bonds
At
the
$480,000
date
of sale of the $20,586.46 sewer im¬
provement bonds notice of which
appeared in our Nov. 10 issue—
v.*166, p. 1938—has been changed
from Nov. 11 to Nov. 21.
—
9,324,546
8,616,163 •
795,100
828,000
53,724,164
80,038,948
90,814,638
46,500,000 est.
72,268,615
seems
to have been
at
the
primary election in May, 1946, as shown by the following figures for
amounts submitted and approved:
Lebanon, Ohio
Date—The
Approved
$15,525,640
7,385,794 •
10,600,272
24,452,095
5,485,750
31,681,178
73,730,9 1 7
34,325,014
35,819,546
29,644,963
6,384,600
7,798,500
57,102,664
106,177,378
121,813,875
1939
(P. O. fronton),
Amount
$41,727,670
15,564,036
1936
of
Board
issuance
Offering
following
bonds.
1947
New
Issues—The
bonds
1946
the
.
bonds.
of)
Bond
general
proved
athletic
.
even begun. Consequently, the State may
bonds for maybe six months, as by that time it
some $30,000,000 without having sold any
1940
—
gen¬
the issuance of
field
site
and
payments
not need to sell any
1941
Ohio
Voted
the
four months before the applications and records of veterans could be
for
$100, payable to the
Trustees, is required,
Bonds
approve,
stadium
election on Nov. 4 the voters ap¬
construction bonds.
Voted—At
eral election oh Nov. 4 the voters
available. Furthermore, the State is to pay $1,000,000 per month from
miscellaneous revenues. It seems quite likely that it will be some
check
Lawrence County
$25,000
The talk seems to be that it will be a few months before any of
$300,000,000 State of Ohio bonus bonds will be issued, and very
possibly all of this authorized amount will never be issued. The
Legislature has already appropriated $25,000,000 toward payment Of
the bonus, from funds now on hand, and this amount is
immediately
and accrued in¬
certified
A
of
recent
1937
terest.
issuance
City School District, Ohio
Bonds Not
local
1938
multiples of V4 of
bonds will be sold at
The
Nov. 4 the voters ap¬
the
terest to be in
1%.
'
At the general
—
general election, in regard to
by the voters, are taken
of the "Municipal Letter," published by
J. A. White & Co., Union Central Building,
Cincinnati, 2:
from 1949 to 1952 incl. Rate of in-,
not less than par
School District,
on
for the purchase of $10,000 not to exceed 3% interest fire
Nov.
ments
On
the approval of the state
from the Nov. 7th issue
000 and
construction bonds.
Bond
on
the
Ohio (State
Report
trickle of 1942
Howard School District, Ohio
election
Local
construction bonds.
Bonds Not Voted—At the gen¬
eral election on Nov. 4 the voters
Nov. 4 the voters ap¬
on
the issuance of
and sewer
water
will have available in cash
Ohio
Voted
Bonds
election
Lima
proved
recreation
Medina County (P. O. Medina),
Ohio
the
storm,
election
issuance of
different rate of interest in mul¬
are
Nov. 4 the voters
on
approve
Bonds Voted
and municipal
Dated
Oct.
1, did not approve the issuance of
1947. Interest A-O. Denom. $1,000.
$180,000 jail and equipment bonds.
Due $1,000 on Oct. 1, from 1949
to 1973 incl. Bidders may bid a
tiples of y4 of 1%. These
gen¬
Ohio
bonds.
George F.
Village Clerk, will receive sealed
—
>
the
gen¬
Nov. 4 the voters
memorial
Voted—At
construction bonds.
North
Voted—At the
approve
not
$70,000
Massillon, Ohio
$175,000
Canton, Ohio
Not
eral election
bonds
election.
on
gen¬
Nov. 4 the voters
on
not approve the issuance of
$15,000 fire truck purchase bonds.
by the voters by
wide margin at the Nov. 4 gen¬
eral election
of
did
approved
Bonds Not
Nov. 4 the voters
approve
North Baltimore, Ohio
Voted—At the
Edu¬
stated
School District, Ohio
the gen¬
on
Bonds Not
(P. O. Maple Heights), Ohio
Offering
Bond
not
Maple Heights City School Dis'rict
Bonds
flood
Nov. 5—v.
the issuance
$212,000 construction bonds.
issuance of
$350,000
Groveport, Ohio
general
Nov. 4 the voters ap¬
issuance
the issuance of
$100,000 village hall bonds.
ceive
Not Voted—At
—
on
Not Voted—At
Bonds
eral election
(P. O. Lowellville), Ohio
the
bonds offered
New London
Bonds Voted
eral
Geneva-on-the-Lake, Ohio
Clerk Board of
Coshocton County
101.26.
Bonds
Bonds
Local School
multiple of Vt of 1%. The opinion Board of Education reports that
of Scuire, Sanders & Dempsey, at the Nov. 4 election the voters
of Cleveland, will be furnished approved by more than two-tothe purchaser together with the one the issuance of the following
printed bonds. A certified check not to exceed 2^ % bonds totaling
for $l,f 00 payable to the Village, $285,000:
$265,000
construction,
and $20,000 equipment bonds.
is required.
states that at
general election the proposal
to
issue
$400,000
construction
bonds
carried by a margin of
5,233 to 2,142.
sewer
general
Nov. 4 the voters ap¬
eral election
Village Clerk, will receive sealed
bids until noon on Nov. 28 for
the
election
did
Barnssville, Ohio
Bonds
Clinton,
East
Union,
Franklin, Wayne and Wooster
Joint Township Hospital Dis~
trict (P. O. Wooster),
eral election
Arlington Local Sch. Dist., Ohio
election
the
The
Lowellville Local School District
the
Chester,
Nov. 4 the voters ap¬
proved the issuance of $30,000
sanitary sewer system and sewage
Bends
At
(P. O, Wooster), Ohio
Bonds Not Voted—At the gen¬
eral election on Nov. 4 the voters
OHIO
Bords Voted
—
on
Ohio
issuance
disposal
have
election
Bonds
Rugby, N. Dak.
$127,000
Voted
Not
Nov. 4 the
voters did not approve the issu¬
ance of $60,000 site purchase and
library bonds.
general
inclusive.
Bonds Voted—The Clerk of the
Hamilton Local School Dis.rict,
Cheviot, Ohio
1962
Findlay City School District (P. O. Treasurer of the
cation.
Findlay), Ohio
election
Bond Sale—The
$60,000 munici¬
pal building bonds offered on
000 storm
Nov.
10—v.
166, p. 1730—were
water system bonds, and $20,000 purchased by J. A. White & Co.,
of Cincinnati, as 2V4S, at a price
sanitary sewer bonds.
of
101.781, a basis of 2.001%.
Pitt County Drainage District No. 7
Dated Nov. 1, 1947. Interest M-N.
(P. O. Greensville), N. C.
Due serially from 1948 to 1967,
No Bids Received — No bids
incl. The next highest bidder was
were received for the purchase of
Stranahan, Harris & Co., Inc., for
the $50,000
5% drainage bonds
2i/4s, at 101.173.
offered on Nov. 12.
175.000
to
$199,500
Nov. 1, 1947. Interest M-N.
Due
serially from 1949 to 1979 inclu¬
sive. The next highest bidder was
Pohl & Co., for 23/4s, at 101.111.
highest bidder was J. A.
& Co., for 2V4S, at a price
on
bonds
2 the voters
Dec.
on
1,
Bonds Not Voted—At
eral election
Kinston, N. C.
July
dated
$67,000.
voters approved the
the
10
bonds,
The bonds will be purchased
the extent of approximately
to
election on
Bonds Voted—At an
Nov.
next
White
of
did
Brook Park
Mitchell and Pershing, New York
Fuquay Springs, N. C.
price of 100.10, a basis of
1.985%. Dated Dec. 1, 1947. Inter¬
est J-D.
Due $1,000 on Dec.
1,
a
1948
of
166, p. 1730—were purchased by
Stranahan, Harris & Co., Inc., of
Toledo, as 2Mjs, at a price of
101.286, a basis of 2.477%. Dated
Kachelmacher Estate, of Logan, as
2s, at
from
Bond
Tenders Invited—C. D. Murray,
$7,000.
Ohio
Englewood,
eral election on Nov. 4 the voters
Carolina for
of North
Treasurer
the issuance of
library building
bonds.
Nov. 4 the voters
Bonds Not Voted—At
and
furnished
panied
Not
eral election
accrued interest will
must be
approve
Ohio"
general
New Boston, Ohio
Sale—The $100,000
Bond
wall
improvement bonds
purchased recently by the
was
At the
—
Nov. 4 the voters ap¬
proved the issuance
construction bonds.
works
water
on
Ohio
Logan,
Not
not
the issuance of
approve
School District,
Voted
election
Bond .Sale—An issue of $15,000
Voted—At the gen¬
eral election on Nov. 4 the voters
Bonds
Bonds
gen¬
Nov. 4 the voters
$100,000 swimming pool bonds.
of Cincinnati.
Bonds
not
did
purchased by J. A. White & Co.,
Dated Oct. 1, 1947.
Interest J-D. Due serially on Dec.
J-D.
be entertained.
Bids
the issuance of
works
clusive.
than four
rates, and each bidder must spe¬
cify in his bid the amount of
bonds
Nov. 4 the voters
on
Milford
Voted—At the
eral election on
$145,000 construction bonds.
25,000 fire apparatus bonds. Due
serially from 1949 to 1958 in¬
bid may name more
no
Bonds Not
Voted—At the gen¬
approve
Monday, November 17, 1947
Lochland, Ohio
Dist.,
Ohio
sive.
ceeding 6% in multiples of V\ of
1%. Each bid may name one rate
part of the bonds (having the
earliest maturities), and another
rate or rates for the balance, but
not
did
80,000 incinerator bonds. Due se¬
rially from 1949 to 1958 inclu¬
the interest rate
for
Not
CHRONICLE
East Palestine, Ohio
$200,000 water works bonds. Due
serially from 1949 to 1973 in¬
Dated
requested to name
or rates, not ex¬
are
did
Sch.
Local
Elyria),
O.
eral election
follows;
choice.
Bidders
Bonds
offered
—were
FINANCIAL
Carlisle
(P.
Bond Sale—The $305,000 bonds
as
&
COMMERCIAL
THE
11/1/46 to 5/7/46-,
$73,350,667
48,463,208
1/1/47 to .8/31/47
33,803,493
9/1/47 to-11/5/47—_—----- 38,500,000
5/8/46 to 12/31/46
.
$65,168,330 "
25,646,308
23,679,993
23,500,000 est.
Authority to submit bond issues at special elections expired
Aug. 31, 1947. Authority for such special elections
;
■
:/.■■■
■
i
•
was
on
contained in
Volume
COMMERCIAL
THE
Number 4647
166
296, a temporary measure which expired 8/31/47, and
refused to extend it beyond such date. Consequently,
Ohio bond issues must now be submitted only at the regular election
Bill
Senate
Union
school buildings that have been condemned
destroyed by fire. Hence, we look for practically no further Ohio
bond authorizations until November of 1948.
or
Ohio
Wellsville, City School District,
(State of)
Ohio
Soldiers' Bonus Bonds Approved
—At the
general election held on
Nov. 4 the voters approved the
constitutional amendment which
exceed.
1-15
$300,000,000
serial
bonds
ment.
o*
to
eral election
offered
on
purchased
did
not
the issuance
approve
Sale—The $180,000
of
$20,000 water works bonds.
not
the issuance
approve
Salem, Ohio
City
of
the voters at the Nov. 4
by
a
inclusive.
eral election
not
did
the issuance
OKLAHOMA
of
Newkirk, Okla.
Bond Offering—Lucille M. Wal¬
the
Voted—At
general
Nov. 4 the voters
on
approved the issuance of $10 000
fire truck
and equipment
pur¬
sealed bids until 7 p.m. on
as
and
tension
proved the issuance of the $173,000 construction bonds, according
to the Clerk to the Board of Edu¬
5,000 fire department, equipment
and improvement bonds. Due
$1,000 from 1950 to 1953, and
$1,600 in 1954.
gen¬
Nov. 4 the voters
on
[did not approve the issuance
$144,500 construction bonds.
of
(P. O.
■Union Local School District
Mil ford
Center), Ohio
Bonds Voted — At the general
election
on
These
The bonds will be awarded to the
the lowest rate of
interest and agreeing to pay par
and accrued interest.
A certified
bidder offering
check for 2%
is
Wadsworth
City School District
(P. O. Wadsworth), Ohio
Bonds Voted—1The Superintend¬
ent of Schools states that the is¬
site purand equip¬
ment bonds was approved by the
'voters on Nov. 4, by a count of
•2,036 to 740.
•
of
the
$480,000
Wapakoneta, Ohio
Bonds
! did not
Voted—At
Not
election'
the gen¬
Nov. 4 the voters
on
approve
the
issuance
of
$70,000 incinerator equipment and
.building bonds.
t
eral election
not
Nov. 4 the voters
on
the issuance
$75,000 construction bonds.
approve
of
Bond
Offeriiig
—
D.
are
at
election
an
1
Bidder to
name
expressed in
•
1%>.
a
Interest
rate
of
interest,
A
—
Oct.
on
21.
$900 in 1963.
At the Nov.
4
sewer
issuance
bonds.
Sale
Bond
tion
Details—In connec¬
with the sale of the $165,000
to
Davis, of Tulsa, at a net
Evan L.
our
bonds
system
works
water
1731—we
1.38%,
27
Oct.
as
reported
Bonds Not Voted—At the
'
gen¬
Marple Township School District
(P. O. Broomall), Pa.
Bond Sale
The $200,000 im¬
provement bonds offered on Nov.
5—v. 166, p. 1731—were purchased
by Blair & Co., Inc., and Dolphin
& Co., of Philadelphia, jointly, as
l%s, at 100.6465, a basis of 1.547%.
Dated Nov. 1, 1947. Interest M-N.
Due serially on Nov. 1, from 1948
—
City
as
Is,
maturing
on
Nov.
1,
1950; $20,000 as lVss, maturing on
Nov. 1, 1951; $40,000 as 114s, ma¬
turing $20,000 on Nov. 1, in 1952
and 1953; $20,000 as l%s, matur¬
Frank J. Tie-
—
Controller,
sealed
until
bids
Dec. 4 for the
000 refunding
will
noon
re¬
on
both inclusive.
Bonds become
1
were
29,
1947.
Bids
must
be
on
form which may be obtained upon
application to the Mayor's office.
A
certified
par
check
for
2% of the
value of the amount of bands
bid for, is required.
Rankin
School
District, Pa.
Bond Sale—The $59,000 school
bonds offered
1731
p.
Fauset,
burgh,
a
—
on
purchased
by
Co., of Pitts¬
price of 101.60
were
Steele
as
Nov. 10—v. 166,
2s, at
&
a
basis of 1.836%*
The bonds
are
an
election held
Sept. 23.
on
on
Oct. 1 in
Due
Oct.
on
1,
as
follows:
$4,000 in 1951 and
$7,000 from 1952 to 1960 incl.
50,000 2%s. Due on Oct. 1, as
follows:
$7,000 from 1961 to
incl.; $9,000 in 1964, and
$10:000 in 1965 and 1966,
The bonds
are dated Oct. 1,1947
maturing in 1951 and
those
and
Bond Sale—The
est
serially
Interest M-S.
Sept. 1, from 1948
on
1967, incl. Principal and inter¬
payable at the City Treasurer's
office.
Decatur-
ville), Tenn.
Sold—The proposed
Bonds Not
Nov.
on
6
of
$100,000
county school bonds was cancelled
owing to the institution of litiga¬
tion in the courts contesting the *
validity of the issue. A new of¬
fering will be made when the le¬
gality of the bonds has been com¬
pletely determined.
TEXAS
Abilene, Texas
Bond Sale—The $800,000 school
bonds offered Nov. 10—v. 166, p.
J. L. Wright &
extension
age
Nov. 10
—
v.
$160,000 sewer¬
bonds
166,
offered
1835
p.
—
on
were
as
Co., San Antonio;
Co., Chicago,
and
Ranson-Davidson Co., of Wichita,
at a price of 100.1958, a net in¬
terest cost of about 3.078%, as fol¬
York
lows:
bonds offered
on
1731—were
$1,500,000 road
Nov. 10—v<.
166,
purchased
by a
syndicate composed of the Harris
p.
Due on April 1 from
$151,000 2s.
1956 incl.
1949 to
234s.
112,000
1957 to
144,000 3s.
Due
to
1962
Due April 1 from
1961 incl.
to
1967
The
1.947
incl.
on
dated Novv 1,
maturing in 196*4
are
those
and thereafter will
par
April 1 from
incl.
1974
bonds
and
April 1 from
on
1966
393,000 3V4S. Due
be
callable, at
and accrued interest, on April
1, 1963 or on any subsequent in¬
York), S. C. terest payment date.
County (P. O.
Bond Sale—The
&
Dempsey
follows: $76,000 as
Trust
& Savings Bank, of Chi¬
Goldman, Sachs & Co., of
York, Trust Co. of Georgia,
of Atlanta, F. W. Craigie & Co.,
of Richmond,
Seasongood &
Mayer, of Cincinnati, and Varne¬
doe, Chisholm & Co., of Savannah,
at 100.177, a net interest cost of
Additional
Award
the
offered
The
—
000 water works and
sewer
$700,bonds
day
were
awarded to a syndicate composed
of Braun, Bosworth & Co., Inc.,
cago,
same
and
New
both
about 2.423%, divided as follows:
$525,000
as 2s, maturing on Nov.
1, $40,000 from 1949 to 1953;
$50,000 in 1954 and 1955: $75,-
000 from
1958; $750,000 as 21/as, maturing $75,000
1959 to 1968, and $225,000 as
2.60s, maturing $75,000 from
1969 to J 971, all inclusive.
Dated
Nov.
1, 1947. Principal
(M-N) payable at the
Chase National Bank, New York
City. The next highest bidder was
and interest
the
Northern
Stranahan, Harris & Co., Inc.,
of Toledo; Crummer & Co.,
Inc. of Texas, of Dallas; McClung
&
Knickerbocker,
01
Houston,
City National Bank & Trust Co.,
of Kansas City; Dittmar & Co., of
San Antonio, and Stubbs, Smith
& Lombardo, of Birmingham, at
a price
of 100.02, a net interest
cost of about
from
Trust
Co., Chicago,
Co., Braun,
Bosworth & Co., Inc., First of
Michigan Corp., Johnson, Lane,
Space & Co., Citizens and South¬
Robinson-Humphrey
445,000
1949 to
SV4S.
from
The
1947
3.13%,
Due
2%s.
$255,000
1956 to
Due
1
April
1
incl.
dated
Nov.
maturing in
and thereafter will be
par
April
incl.
on
1971
are
those
follows:
on
1963
1964 to
bonds
and
as
1,
1964
callable, at
and accrued interest, on April
1, 1963
or
on
any
subsequent in¬
terest payment date.
Bexar County (P. O.
Texas
Sale
Bond
San Antonio),
Details—In
connec¬
tion with the sale of the $1,175,000
county hospital and county home
Atlanta, and for the aged bonds to the syndi¬
G. H. Crawford & Co., jointly, for cate headed by the Provident Sav¬
$525,000, 2s; $600,000, 2V2s, and ings Bank & Trust Co., of Cincin¬
$375,000, 2%s, at a price of par.
nati, at a net interest cost of 2.73%,
Bonds Offered for Investment— for $210,000 as 2V2S, and $965,000
ern
National
Bank,
the above bonds for general sub¬
from Federal income taxes under
successful
bidders
reoffered
scription at prices to yield from
1.10% to 2.60%, according to ma¬
turity. They are interest exempt
present laws.
23/4s, as reported in our Nov. 3
issue—v. 166, p. 1835—we learn
as
that
the
price
of
bonds
were
100.022.
sold
for
Dated Oct.
Interest A-O. The bonds
1947.
a
15,
are
approved as to legality by Chap¬
man & Cutler, of Chicago.
OREGON
Wilkinsburg, Pa.
Gervais, Ore.
Bond
Sale—The
$250,000
Bosque County (P. O. Meridian),
SOUTH DAKOTA
im¬
Texas
$5,000 fire hall provement bonds offered on Nov.
general election the voters approved by a wide margin the pro- bonds offered on Nov. 5 were pur¬ 10 were purchased by Blair & Co..
chased by the First National Bank, Inc., as
posal to issue $202,500 cohstruer
l3/4s, at a price of 101.08,
tion. bonds,. . reports the Cle$c- of Portland. Dated Nov. 1, 1947. a basis of 1.635%. Dated Nov.
1,
Treasurer of the Board of Educa¬ Interest M-N. Due $500 from 1948 1947. Interest M-N. Due on Nov.
issuance of $20,000
electric light system improvement
tion.
revenue
to
a
The
at 101.21.
Due
are optional on Oct. 1,
1835—were awarded to a syndi¬
price of 104, and there¬ cate composed of John Nuveen &
after on a decreasing premium
Co., Chicago; Stern Bros. & Co.,
scale. Interest payable A-O. The Kansas
City; /yiison-Williams Co.;
bonds are solely revenue obliga¬
Minneapolis, Columbian Securities
tions and have been approved as
Corp. of Texas, of San Antonio;
to legality by Huger Sinkler of Dallas Union Trust
Co., Dallas;
Charleston.
First of Michigan Corp., Detroit;
1950, at
1, 1947. Interest J-D.
serially from 1949 to 1968,
incl. Approved as to legality by
Burgwin, Churchill & Ruffin, of
Pittsburgh. The next highest bid¬
Co., Inc., for 2s,
Dated Sept. 1, 1947.
thereafter
Due
Blair &
purchased by the Equitable Secu¬
rities Corp., and the Nashville Se¬
curities Co., of Nashville, jointly.
1963
dated Nov.
was
$193,000 water
Decatur County (P. O.
der
authorized at
issuance
Nov. 10—v. 166, p. 1731—were
A
1949 and 1950.
re¬
deemable Jan. 1, 1948. Settlement
must be made before 3 p.m. on
Sale—The
offering
Due $4,000
67,000 2V2s.
purchase of $4,950,bonds. Dated Dec.
.
.
12
is required.
$8,000 4s.
29, 1947. Due on July 1, as fol¬
lows: $250,000 from 1949 to 1963,
and $240,000 from 1964 to 1968,
166, p.
that the bonds
learn
Nov.
Craigie & Co., of
Richmond, and Frost, Read & Co.,
of Charleston, jointly, at a price of
100.084, a net interest cost of
2V4S, matur¬
eral election on Nov. 4 the voters
ing on Nov. 1, $5,000 from 1948 to
did not approve the issuance of
1958; $7,000 from 1959 to 1961;
$2,000,000 community center war $36,000 as 2V2S, maturing $7,000
memorial bonds.
from 1962 to 1965; $8,000 in 1966,
and $48,000 as 2%s, maturing $8,Lancaster Township School District
000 from 1967 to 1972, all incl.
(P. O. Lancaster), Pa.
Dated Nov. 1, 1947. Interest M-N.
Bonds
Voted—At
the
general
The approving opinion of Huger
election on Nov. 4 the voters ap¬
Sinkler, of Charleston, will be
proved the issuance of $175,000
furnished the purchaser.
construction bonds.
issue—v.
sold at par, as follows: $20,-
offered
awarded to F. W.
purchased by Varnedoe, Chisholm
& Co., of Savannah, at a price of
par, a net interest cost of 2.55%,
(P. O.
Lancaster), Pa.
Bond Sale—The
!
$60,000
of
Lancaster County
Dec.
Vinita, Okla.
1955 to 1957 incl. The bonds were
Wayne Local School District (P. O.
Waynesville), Ohio
Voted
held
certified
check for $1,000, payable to order
of the Village, is required;
Bonds
authorized
bonds
lk of
•
.
10
ing on Nov. 1, 1954, and $60,000
as IV2S, maturing on Nov. 1, from
multiple of
M-S.
water
Nov.
$700 from 1950 to 1962, and
Due
000
Nov. 19
purchase of $9,047.65water
bonds. Dated Aug.. 1, 1947. Due
Sept. 1, as follows: $949.65 in 1949
and $900 from 1950 to 1958 incl.
•
the
These
sealed bids until
for the
on
by the Pawnee
National Bank, Pawnee, as 4V2S.
were
'
sanitary
ceive
purchased
Hook,-Village Clerk, will receive
noon on
bonds offered
Sale—The
bonds
nue
general
Nov. 4 the voters ap¬
consider the
municipal airport bonds.
TENNESSEE
on
Laurens, S. C.
the
At
—
Bond Offering
Okla.
Sale—The $10,000
Bond
works
in
Ernest
road
Ralston,
interest cost of
Waterville, Ohio
on
the
mann,
Warsaw School District, Ohio
Not Voted—At the gen¬
'
election
inclusive.
1969
Bonds
-did
Voted
special
Cookeville, Tenn.
Bond
Ingram, Pa.
Bonds
purchased by the First
Securities Co.,
Inc., of Wichita,
Evan L. Davis, of Tulsa, and Asso¬ to 1967 incl.
ciates, at a net interest cost of
Philadelphia, Pa.
2.80%. Due $40,000 from 1950 to
were
eral
O.
were
construction
chase,
Sale—The
bridge bonds offered on Nov.
and
12
suance
County (P.
Shawnee), Okla.
$800,000
Pottawatomie
Bond
$85,821
of
of the amount bid,
required.
Nov. 4 the voters ap-
.proved the issuance
building bonds.
the bonds authorized
are
general election on Nov. 4
at the
Voted—At the
Not
Bonds
Co., for l%s, at 100.479.
improvement
and $2,000 in 1961.
electric light extension
bonds. Due $2,000 from 1950
to 1956, and $1,000 in 1957.'
.Terrace Park Local School District,
eral election
&
to 1960,
cation.
Ohio
ex¬
15,000
Nov. 4 the voters ap¬
Halsey, Stuart &
was
improvement bonds offered on
Nov. 7—v. 166, p. 1731—were pur¬
chased by Halsey, Stuart & Co., as
IV4S, at 100.205, a basis of 1.219%.
Dated Nov. 1, 1947. Interest M-N.
Due serially on Nov. 1, from 1949
to 1962 inclusive. The next high¬
est bidder was Harriman Ripley
$3,000 from 1950
Due
bonds.
Springfield Local School District
(P. O. Amsterdam), Ohio
Bonds Voted—At the
general
works repair,
water
$35,000
bidder
will
a
Dec. 2 the
on
works improvement bonds offered
SOUTH CAROLINA
certified check for 5% of the bid
proved
follows:
voters
of $38,000
At
—
election to be held
100.349.
Scribner, Arthurs, Lestrange &
Klima, and Kay, Richards & Co.,
all of Pittsburgh, as l%s, at a
est
Springs, S. Dak.
Election
purchaser. The next
highest bidder was Halsey, Stuart
& Co., for 1 %s, at a price of
about 2.649%, as follows:
be
furnished
the
purchaser.
Nov. 19
purchase of $55,600 bonds,
for the
chase bonds.
on
syndicate
a
furnished the
composed of E. H. Rollins & Sons,
of Philadelphia, Singer, Deane &
receive
will
Clerk,
City
ker,
Shreve, Ohio
election
of $197,000
issuance
construction bonds.
bonds.
election held
Nov. 4 the voters ap¬
proved the
gen¬
$300,000 storm and sanitary sewer
Bonds
on
Nov. 4 the voters
on
approve
by
purchased
Wilkinsburg.
Bank,
The opinion of Burgwin, Churchill
& Ruffin, of Pittsburgh, will be
Harrisburg, Pa.
Bond Sale—The $300,000 sewer
(P. O. Delta), Ohio
Bonds Voted — At the general
election
Voted—At the
1835—
Nov. 5—v. 166, p.
on
Wilkinsburg
Hot
Bond
Camden, S. C.
$125,000 com¬
bined'public utility system reve¬
Bellevue, Pa.
$300,000 recrea¬
tion center construction bonds of¬
were
1965, and $12,000 in 1966. Prin¬
cipal and interest payable at the
Bond
Bond Sale—The
Township Local Sch. Dist.
York
election,
count of 1,917 to 933.
Bonds Not
July 1, from 1948 to 1953 incl.
J-D.
Shelby, Ohio
■
First
Co., and Moore, Leonard & Lynch,
Interest jointly, for V/ss, at 100.169.
1947.
15,
June
Dated
that the $200,900 storm
bonds were approved by
gtates
sewer
the
ported in our Oct. 27 issue—v. 166,
p. 1731—we learn that the bonds
were
sold as IV2S, at 100.119, a
basis of 1.462%.
Dated July 1,
1947. Interest J-J. Due serially on
fered
15, from 1948 to 1957
Dec.
on
Clerk
Voted—The
Bonds
to
bonds
to J. A. price of 101.391, a basis of 1.751%.
Cincinnati, as Dated Dec. 1, 1947. Interest J-D.
IV2S, at a price of 101.10, a Due serially on Dec. 1, from 1948
basis of 1.275%. Due serially to 1977 inclusive. The next high¬
$400,000 county hospital bonds.
"
construction
National Bank of Portland, as re¬
White & Co., of
Voted—At the gen¬
eral election on Nov. 4 the voters
did
sale of the $30,000
tion .with the
(2043) ,55
to
bonds
street
90,000
Ottawa), Ohio
Bonds Not
follows:
1972 inclusive.
1948 to
County (P. O.
Putnam
bonds
Nov. 21—v. 166, p. 1939
as
connec¬
PENNSYLVANIA
$90,000 sewer bonds to the Clinton
County Bank & Trust Co., of
Wilmington, as 2s, at a price
of 10.2.111, a basis of 1.79%.
Due serially on Dec. 15, from
Nov. 4 the voters
on
of
issuance
Wilmington, Ohio
Bond
of
veterans
Voted—At the gen¬
Not
Bonds
the
pay¬
Peninsula, Ohio
(
on
approve
Details—In
Sale
Bond
$380,000 construction bonds.
World War II.
.
not
—were
^nus
q
did
year
the
finance
to
eral election
of not to
issuance
the
authorizes
the gen¬
Nov. 4 the voters
Bonds Not Voted—At
CHRONICLE
County School District No. S
(P. O. Union), Ore.
the Legislature
in November, except for
FINANCIAL
&
to 1957 inclusive.
1,
as
follows:
$14,000 from 1949
Faith, S. Dak.
Bonds Voted—At a special elec¬
tion
held
on
Oct.
approved the
bonds.
28
the
voters
Sold—An issue of $240,000 road bonds is reported to have
Bonds
purchased by R. A. Under¬
of Dallas, subject to
been
wood & Co.,
result
Dec.
of
2.
election
to be held
on
56
Bowie County (P. O. Boston), Tex.
Bonds Not Voted—At the elec¬
tion
Oct. 25 the voters did not
on
will
road
purchase
principal
the issuance of $300,000
improvement bonds.
Cleburne, Texas
Bond Sale—An issue of $125,000
system series 1947 bonds
purchased
recently
by
Rauscher, Pierce & Co., of Dallas,
as 234s. Dated Aug. 1, 1947. Legal¬
sewer
ivas
ity
approved
Park-
McCall,
by
liurst & Crowe, of Dallas.
Dallas, Tex.
Bond
to
Election—At
held
be
election
an
the
2
Dec.
on
voters
will consider the issuance of $11,-
-©00,000 water and sanitary sewer
bonds.
revenue
and local units signified date on or after Nov. 1,1952. Prin¬
approval to the issuance of cipal and interest payable at the
more than $1,000,000,000 in bonds
County Treasurer's office; Bidders
for Veterans' Bonus and for vari¬ are requested to state in their bids
$750,000 water works improve¬
ous types of public improvements.
the lowest rate of interest and
ment bonds. Due on Nov. 1,'
Herewith we list the major issues premium, if any, or the lowest
as
follows: $22,000 in 1948;
which were ratified or rejected at rate of interest at par, at which
$15,000 in 1949; $8,000 in 1950;
the ballot boxes:
the
bidder
will
purchase
the
$15,000 in 1951; $16,000 in
bonds. The approving opinion of
Issues Approved
1952; $15,000 in 1953; $19,000
Burcham & Blair, of Spokane; will
$400,000,000 New York State—
in 1954 and 1955; $20,000 in
be furnished the purchaser.
Veterans' Bonus.
A
1956; $22,000 in 1957 and 1958;
300,000,000 Ohio—Veterans' Bo¬ certified check for 5% of the bid
$23,000 in 1959 and 1960; $26,is required.
nus.
000 in 1961; $22,000 in 1962;
135,000,000 New York State —
$20,000 in 1963; $26,000 in
WISCONSIN
Housing Aid.
1964; $63,000 in 1965; $60,000
87,050,000 San Francisco, Cal.
Whitefish Bay School District
in 1966, $74,000 in 1967; $61,'
(City and County)—Various.
000 in 1968; $76,000 in 1969,
(P. O. Milwaukee), Wis.
Bonds Voted—At
41,561,000 Kansas City, Mo.—
the general
and $83,000 in 1970.
General
Improvements
and election on Nov. 4 the voters ap¬
200,000 sewer improvement
Airport Revenue.
proved the issuance of $987,000
bonds. Due on Nov. 1, as fol¬
1961, $110,000 in 1962 and 1963, Manager, until 4 p.m. on Nov. 18
$115,000 in 1964 and 1965, and for the purchase of $1,260,000 cou¬
$120,000 in 1966 and 1967. No bid pon bonds as follows:
approve
be
to
offering
considered
t
less than the
entire
amount of the bonds
and all bidders are requested to
submit
alternate
proposals
(1)
with all bonds maturing after Dec.
1, 1957, optional for redemption
prior to maturity on Dec. 1, 1957,
and on any interest payment date
thereafter; and (2) with all bonds
maturing after Dec. 1, 1962, op¬
tional for redemption prior to ma¬
Dec. 1, 1962, and on any
payment date thereafter;
each of such alternate pro¬
turity
on
interest
and
posals shall show the total net in¬
terest cost to the County to be
computed to the ultimate matur¬
Ector County (P.
T exas
O. Odessa),^
Stoker,
Dec.
1, 1957, or on any inter¬
payment
date
thereafter.
Principal and interest payable at
the State Treasurer's office. These
are
the bonds authorized at the
©n
est
election held
on
be
interest to
Rate of
*/4
July 26.
in multiples of
No bids for less than par
of 1%.
and accrued interest >vill be con¬
of
Dallas,
sidered. The approving opinion
Huguenin, of
the purchaser.
A certified check for $6,000 pay¬
able to the County Judge, is re¬
Dumas
&
will
furnished
be
quired.
Elkhart
Indep.
School
District,
each
Dallas.
Sale—An issue of $36,000
refunding bonds was pur¬
recently
by
Ernest
L.
"Brown, Jr., of Houston.
Dated
Oct. 10, 1947. Interest A-O. Due
•on Oct. 10, as follows:
$7,000 from
1948 to 1950, and $5,000 from 1951
to 1953, incl. Principal and inter¬
est payable at the City National
Bank, Houston. Approved as to
legality by Vinson, Elkins, Weems
& Francis, of Houston.
2%%
thorized at the election on
Oct. 11,
by a vote of 1,608 to 292.
pal and interest payable
County Treasurer's office,
Princi¬
at the
and at
Granbury, Texas
Voted—The City Secre¬
Bonds
tary states that the $50,000 various
bonds were approved by
purpose
voters at the Nov. 4
election
count of 152 to 71. Due in
1954 to 1965, optional in 1953.
a
$140,000
various bonds has been purchased
recently by McClung & Knicker¬
bocker, of Houston, at a net in¬
Offering
—
W.
W.
Pat
Kent, County Judge, will receive
bids until
sealed
10
a.m.
on
Dec.
1, for the purchase of $2,000,000
not
exceed
to
4%
interest
im¬
(P. O. Cotulla),
The Board
terly dividend
Texas
of Directors
has
declared
a
quar¬
of $1.50 per share and an
extra
12,
of
1947
to stockholders of record at
on November 21, 1947,
the close
business
D.
November
12,
H.
ALEXANDER,
1947.
Secretary.
1968 to
from
1950
to
1970.
both in¬
1970,
Rejected — All bids re¬
$300,000 not to ex¬
road bonds were
multiples
to
are
of
V4%
that the
Split interest
bear.
involving
rates
than three
each issue of
more
on
bonds will not be considered. Bids
be submitted
may
on
"all
none"
or
basis
rejected.
Principal and interest payable at
the First National Bank, Midland.
The approving opinion of the At¬
torney-General of the State, and
of McCall, Parkhurst & Crowe, of
Dallas, will be furnished the pur¬
Voted —At
Bonds
held
election
an
voters
the
1
Nov.
on
ap¬
bonds.
revenue
School District,
Texas
Sale
Bond
election
—
A
each issue separately.
certified check for 2%
for,
payable
quired.
San
at an
recently were pur¬
chased by a syndicate composed of
the First of Texas Corp., of San
Antonio, Dallas Union Trust Co.,
of Dallas, and William N. Edwards
Fort Worth, as 2V4S, and
Due serially from 1948 to
& Co., of
12,000,000 Cook Co., 111.—Various.
4,000,000 Winston-Salem, N. C.—
Water System.
3,750,000 Sacramento-Yolo Port
District, Cal.—Terminal Fa¬
to
the
City,
is
Bond
ous.
to
be
held
Dec.
on
Sewer.
1,506,000 Chillicothe, Ohio—City
School District.
will consider the issuance
Revenue.
000,000
sewer
$6,-
1962 inclusive.
Bond
Election—At
be held
on
3,000,000 Scranton, Pa.—Various.
2,000,000 Stark Co., Ohio—Court
will consider the issuance
street improvement
000
of $50,-
bonds.
election
to be held on Dec. 2 the voters
will consider the issuance of $4,Election—At
Bond
an
Indep. School District,
the
Bond Offering—George H.
receive
school
These
the
Wells,
Schools,
will
sealed bids until Nov.
the
for
of
purchase
bonds.
are
Due
in
19
$750,000
of
30
years.
the bonds authorized at
general
as
to
made
election
on
Nov.
from vehicular facilities of
enues
Texas
4.
legality by Elkins, Weems &
Francis, of Houston.
Port
of New York
Authority
for the 12 months ending
1947
were
same
enues
period in
from
Washington
Sept. 30,
above
12%
over
the
1946, while rev¬
Port's
George
the
Bridge
showed
an
18.8% increase.
Triborough Bridge revenue for
the
first
six
months
nearly 23% above the
of
1947 was
same
period
in 1946.
In many instances revenues are
running from 30% to 100% in ex¬
cess of the original revenue esti¬
mates
by
engineers.
In
1946
Triborough Bridge Authority rev¬
enues
were
18.8%
above engi¬
neers'
estimates
and
based
on
half-year figures should be 35%
above
estimates
for
—
Site
1947.
The
Lake
Washington
Toll
Bridge in 1946 had revenues 108%
in excess of engineers' estimates.
Craven Co., N. C.
School Building.
1,500,000 Youngstown, Ohio
War Memorial Bldg.
1,500,000
1,250,000 St. Joseph, Mo.
Memorial Building.
1,000,000 Utica, N. Y.
—
—
—
—
Midland, Texas
Bond Offering—Sealed
be received
Major
bids will
by R. C. Hoppe, City
Bond
Issues
Approved
and Rejected—At the recent gen¬
eral election voters in numerous
interest
5%
Oct. 1, as follows: $5,to 1951, and $10,-
on
1949
000 from 1952 to
No
sive.
bids
accrued
1956, both inclu-*
for
less
interest.
than par
Principal
payable at the office
County Treasurer.
The
the
of
approving opinion of Pershing,
Bosworth, Dick & Dawson, of
Denver, will be furnished the
purchaser.
A certified check for
10% of the bid is required.
i
CANADA
Canada (Dominion of)
Bills
Treasury
Sold—An
issue
Treasury Bills was
sold on Nov. 6, at an average
yield of 0.408%. Dated Nov. 7f
1947. Due on Feb. 6, 1948.
of $75,000,000
War
P
COLUMBIA
BRITISH
Vancouver, B. C.
Debentures Publicly Offered—
College
Construction.
syndicate composed of Fairclough & Co., Cochran, Murray &
A
VIRGINIA
Arlington County (P. O. Arling¬
ton), V a.
Bonds Voted
At the general
election
on
Nov. 4 the voters ap¬
the
of
issuance
$600,000
WASHINGTON
County, Washougal School
District No. 12 (P. O.
Clark
Vancouver), Wash.
Offering — Eva Burgett,
Bond
will
Treasurer,
receive
on Nov.
of $60,000
school bonds. Denom. $1,000.
bids
sealed
the
for
until 2
p.m.
purchase
No.
Dayton School
2
(P.
O.
Dayton), Wash.
Bond Offering—Sealed bids will
be received
by the County Treas¬
p.m. on Nov. 19 for
purchase of $220,000 not to ex¬
ceed 3% interest school coupon
bonds.
Dated Nov. 1, 1947. De¬
until 8
urer
the
The bonds will
period of 20 years after
date and will be amortized an^
mature and will be payable serial¬
nomination $1,000.
run
for
both of Toronto, Pemberton.
of Vancouver, Nesbitf,
Thomson & Co., McTaggart, Han-*
naford, Birks & Gordon, both of
Montreal, Western City Co., of
Vancouver, Tanner & Co., of Cal¬
gary, Anderson & Co., Burns Bros.
& Denton, and the Bankers Bond
Corp., all of Toronto, is offering
$2,859,000 debentures, as follows;
Co.,
&
Son,
$1,948,000
Due
follows:
$105,000
may
be in excess of any legal or
limitations) during
constitutional
the life of the bonds.
Bidders
are
requested to submit bids (1) for
all of the bonds without any right
for redemption, and (2) for all of
the bonds reserving the right to
redeem any or all of the bonds
maturing according to their terms
on and after five years from date
of issue in
the inverse
order of
their
numbering,
highest
num
bers first, such redemption to be
exercised on any interest payment
on
Nov.
1,
as
1958;
$108,000 in 1959; $111,000 in
1960; $115,000 in 1961; $118,000 in 1962; $122,000 in 1963;
$125,000 in 1964; $129,000 in
1965; $133,000 in 1966; $136,000 in 1967; $140,000 in 1968;
$145,000 in 1969; $149,000 in
1970; $153,000 in 1971, and
$159,000 in 1972.
485,000 2%% improvement
bonds. Due on Nov. 1, as fol¬
lows: $92,000 in 1953; $94,000
in 1954; $97,000 in 1955; $100,000 in 1956, and $102,000 in
in
1957.
improvement
on Nov. 1, as fol¬
lows: $81,000 in 1948; $83,000
in 1949; $85,000 in 1950; $87,000 in 1951, and $90,000 in
426,000
2V2%
bonds. Due
ly, commencing at the end of the
second year after said date of the
bonds and in such annual amounts
(as nearly as practicable) as will,
together with interest on the out¬
standing bonds of the issue, be
met and paid by equal annual tax
levies (which annual tax levies,
which were duly authorized at the
election held on Sept. 30, 1947,
de¬
improvement
3%
bentures.
a
'
-
000. Due
Pur¬
1,500,000 Cincinnati, Ohio,—Zoo¬
logical Garden.
District
10% to 25%, according to a survey
purchase of $65,-
exceed
to
not
building coupon bonds. Dated Oct.
1, 1947. Interest A-O. Denom. $1,-
Ohio
Liverpool,
District
Columbia County,
Bridge Revenue Bonds Surveyed
Reports from various publiclyowned toll bridges show that rev¬
enues throughout the
country in
1947 are exceeding 1946 by from
by Tripp & Co., Inc., 40 Wall
Street, New York 5, N. Y. Rev¬
291,000 various bonds.
Superintendent
STATES
United States
Nov. 29 for the
chase and Construction.
17
UNITED
East
School
County
election
an
Schockley, District Clerk, will re¬
ceive sealed bids until 8 p.m. on
House Construction.
1,665,000
by the City Secretary
until Nov. 21 for the purchase of
Nov. 22 the voters
—
ous.
bonds.
Llane, Tex.
to
Mich.
4,023,500 Jackson Co., Mo.—Vari¬
Strawn, Texas
Bond Offering—Sealed bids will
be received
'
WYOMING
and interest
$8,000,000 Wayne Co.,
City-County Bldg.
$34,000 water works bonds.
2V2S.
recrea¬
bonds.
Big Horn County School District
N6. 1 (P.O. Byron), Wyo.
Bond
Offering — James T,
and
Defeated
Issues
voters
of
gymnasium and
center
000 from
1,300,000 Great Falls, Mont. —
Sanitary and Storm Sewer
incinerator bonds.
the
9
Storm
—
election
an
tion
000
1,950,000 Warren, Ohio
—
re¬
Antonio, Texas
Election—At
Construction.
cilities
2,096,000 Jackson Co., Mo.—Vari¬
proved
The $75,000 con¬
bonds authorized
held
chaser.
on
of the par value of the bonds bid
Little field Indep.
struction
or
memorial
Sewer Construction,
clusive.
ceed 4% interest
Liberty, Texas
39,000,000 Chicago, 111.—Various.
30,000,000 Detroit, Mich.—Storm
,
fol¬
80,000 public building bonds. Due
on Nov.
1, as follows: $3,000
from 1948 to 1959, and $4,000
coupon
ceived for the
unlimited
dividend of $1.50 per share payable on December
000 in
rate
tax bonds.
Bidders to name the rate of inter¬
Dated Dec. 1, 1947. Interest J-D.
est the bonds are to bear.
Due on Dec. 1, as follows: $80,000
in 1948, $85,000 in 1949 to 1951,
Menard, Texas
$90,000 in 1952 and 1953, $95,000
Bond Sale—An issue of $20,000
in 1954 to 1956, $100,000 in 1957
2%% water works system bonds
to
1959, $105,000 in
1960 and
was purchased recently by B. V.
Christie & Co., of Houston. Dated
DIVIDEND NOTICE
Sept. 1, 1947. Interest M-S. Due
$2,000 on Sept. 1, from 1948 to
1957, incl. Principal and interest
The Singer Manufacturing
payable at the Devans State Bank,
Company
Menard. The bonds are approved
provement
Nov. 1, as
on
$5,000 in 1948 to 1962,
$10,000 in 1963 and 1964, $15,000 in 1965 to 1967, and $20,-
bonds
Lufkin
(P.O. Beaumont), Texas
Due
lows:
in
La Salle County
Jefferson County Drainage Dist.
Bond
improvement
banking
or
quired.
terest cost of 2.70%.
No. 6
1970.
institution as
30,000 storm sewer bonds. Due
mutually agreed upon between
on
Oct. 1, as follows: $1,000
the purchasers and the Commis¬
from 1948 to 1963, and $2,000
sioners' Court of the County.
De¬
from 1964 to 1970, both inclu¬
livery of the bonds will be made
sive.
within 60 days from the date of
Dated Nov. 1, 1947. Denomina¬
sale, with no expense to the suc¬
tion $1,000.
Bonds maturing on
cessful bidder, at Austin. No bids
and after Nov. 1, 1963, are to be
for less than par and accrued in¬
terest. The approving opinion of optional on Nov. 1, 1962, or any
interest payment date thereafter,
Chapman & Cutler, of Chicago,
and will be callable at par and
will be furnished the purchaser.
accrued interest.
Bidders are to
A certified check for $20,000 pay¬
name the rate or rates of interest,
able to the County Judge, is re¬
bank
Lubbock, Tex.
Huntsville, Texas
Bond Sale—An issue of
1968 to
street
bonds.
option of the purchaser at any
the
chased
by
two
000 in
200,000
all
and
rates,
the issuance of $229,000
electric light and power system
Freeport, Texas
the
on
bid
proved
Bond
$5,000 in 1948 to 1962,
$10,000 in 1963 and 1964, $15.000 in 1965 to 1967, and $20,-
interest
rates shall be expressed in mul¬
tiples of J/4 of 1%. These bonds
are part of the $4,000,000 issue au¬
interest
Bids
improvement
bonds was purchased recently by
Rauscher, Pierce & Co., of Dallas,
as 3s,
and 3V2S. Dated Sept. 15,
194 7.
Legality
approved
by
JVIcCall, Parkhurst & Crowe, of
and
construction
cost
alternate
or
stricted to bid not more than
Texas
Sale—An issue of $45,000
Bond
proposal
submitted and all bidders are re¬
States
their
lows:
ity of the bonds. Bach hid shall
show the total net interest
Bond Offering—Raymon
County Judge, will receive sealed
bids until 2 p.m. on Nov. 17 for
the purchase of $300,000 not to
exceed
3%
interest
hospital
bonds.
Dated Dec. 1, 1947.
In¬
terest J-D. Denomination $1,000.
Due on Dec. 1, as follows: $13,000
in 1948 and 1949; $14,000 in 1950
and 1951; $15,000 in 1952 and 1953;
$16,000 from 1954 to 1956, and
$56,000 from 1957 to 1959 incluaive. Subject to prior redemption
Monday, November 17, 1947
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(2044)
1952.
Nov.
1,
1947.
interest
Principal and interest pay¬
able at Victoria, Vancouver, Ed¬
monton,
Winnipeg, Toronto^
Montreal or Halifax. Approved as
Dated
M-N.
to
6
legality by Manning, Mortimer
Kennedy, of Toronto. These
debentures
7
and
were
offered
on
all bids received were
Oct*
re¬
jected.
ONTARIO
Fort William, Ont.
Bonds
Sold — It is
reported
that
$764,000 2Vz% improvement
were purchased recently by
bonds
the Dominion Securities Corp.,
Toronto;'Due
on
to 1962;: Interest
of
194$
payable M-N.
Nov. I, in
@FedFRASER