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MONDAY
in 2 Sections
ADMUBRAR*.
81)6.
'v
7-1
Section 1
-
«l—/
^
*■
_
1948'
22
CT/2
Financial
Reg. TJ. S. Pat. Office
Volume
168
Number
4753
New York. N.
Price 75 Cents
Y., Monday, November 22, 1948
Copy
a
General Corporation and Investment News
RAILROAD
ABC
B.
England
operations,
coming
has
according
with
Theatre
the
INDUSTRIAL
-
Vending Corp.—New Vice-President—
Wilbur
in
PUBLIC UTILITY
-
this
Co.,
to
been
Charles
corporation,
where he
made
L.
Mr.
handled
company's theatres.—V.
Vice-President
O'Reilly,
England
was
charge
of
Prior
to
President.
of
executive
an
the development
167, p. 1477.
of
Period End. June 30—
Income from subsids.
RKO
Other
$3,547,272
income
The
company
.'covering
the
Proceeds
be 'used
will
Aluminum
filed
5
first
will
registration
bonds,
determined
with
statement
due
1978.
through
Exps.
'
The
the SEC
names
competitive
construction.—V.
168,
2001.
p.
'
of
E.
a
of
Director
Until
has
Boisseau
Inc.—Advertising Assistant—
been, appointed
".
Advertising.
recently
Mr.
Co.—V.
168,
Emmett
..
Boisseau
p.
and
inch
.
other
,
assistant
James
to
•:
was
American
executive
;. \
,
Newell-
discount
debt
of
and
from
Profit
Balance, carried
earned
Depreciation
—
Profit* from
Co.—Earnings—
Dividends
j
:
to
$2,906,738
166.984
233,204
164,241
252,917
$2,849,528
$3,581,131
$1,947,217
$2,653,821
57,976
100,444
51,662
88,416
269,218
;•
•
•
—-
investment
hai
inc.
$2,243,096
is impracticable, and for this reason
the' Chinese subsidiaries has not been
in
statement
their
of
own
consolidated
263,555
356.269
270,226
Earns,
;
29,627
1,050,000
1,375,448
$1,863,167
$1,920,086
$1,282,870
$1,364,497
202,304
„—
202,304
202,304
202,304
dividend
for
per
.690,000
1,025,270
779,929
779,929
779.929
$860,934
$937,753
$300,637
$382,264
649,941
649,941
649,941
The directors
share
and
$2.64
$1.66
usual
share
The
directors
cash,
plus
dividend
common
have
2/100ths
stock
of
»
779,929
Rayon
June 30-
Corp.
below,—V.
1948—3 Mos.
$
Prop, retirement
168,
p.
-1947
S
1,638,767
$5,467,899
for
each
171,040
income-——
5,772,933
5,095,105
public
and
other
(net)
to
457,779
public.
-
to
539,991
17,812
equity
&
of
6,885,183
Co.
income
of
Power
126,346
1,218,006
1,267,831
21,598,476
1,960,039
Inc.
2,033,491
2,107,786
87,564
Cr213,260
802,890
858,358
the
holders
complete
the
to
of
cents
record
Gas
of
30
ceftts
share
Atlantic
Electric
&
Nov.
25
of
Co.
other
Incl,
taxes
to
of
the
cents
common
amounts
Like
10.
3,825,634
-17,386,138
1947.
16,424,348
4,632,201
3,825;634
17,386,138
16,424,348
6,196
30,340
76,095
120,122
3,855,974
17,462,233
16,544,470
656,621
627,779
2,608,884
2,549,909
871,188
871,188
3,502,999
divestment
of
all
of
the
interest
of
will be
American
in
issued
383,072
t402,305
lX-1—.
in
$1,979,836
$241,007
5,214,080
5,231,194
$0.22
Nil
——
—
sale of securities of $289,544 In
$299,922 paid from net profit
1948 and $389)-
securities sold.
on
'
1948
30.
banks, $740,553; accounts and dividends receivable
accrued, $98,322;
general market securities,
at ."market
(average cost, $77,626), $96,548; investment in First York
cost,
$9,123,189), $11,003,459; investment in Lancaster
Corp. (Cost, $306,596), $387,887; investment in Electromode Corp.
(cost,
$500,000), $250,000; investment in Morris Plan Corp. of America
.
in
(book
.
(cost,
$7,632,083), $6,776,395; investment in National Industrial Credit Corp.
(cost, $2,000,000), $2,000,000; investments in securities of associated
companies
183)083;
(at
fair
value
determined
as
deferred charge,
$3,818;
total,
LIABILITIES—Accounts payable,
924;
for Federal
reserve
segregated
for
income
the
by
of
directors)^
and
expenses
$30,507;
tax,
payment
board
$4,-
$25,540,065.
accrued
thereof),
uncla'med
$106,-
taxes,
dividends
(less
$179,468;. preferred
stock
$521,408; capital surplus,
investments, $946,695; undistributed
net income,
$1,090,454; unrealized depreciation (net), $2,516,589; total,
$25,540,065.—V. 168, p. 1037,
V
($1
par),
$246,005; common stock
$25,114,661; net realized gain on
(10c
par),
stock
American Hair & Felt Co.-Earnings-
were
Gas
lieu of
9 Months Ended
Net
sales
Cost
of
Sept. 30—
1948
1947
1946
$11,874,618
$8,483,079
10,480,700
7,358,247
$6,343,724
5,589,797
$1,393,918
$1,124,832
150,227
275,404
$1,544,145
1
___:
sales
profit
and
Quotations
$1,400,236
York
Stock Exchange
New
York
Stock
Exchange
York
Curb
Exchange—
Baltimore
Boston
Stock
Stock
(Stocks)______—17
(Bonds)
29
38
Exchanges
Exchange
____38
——
_38
i
Cincinnati
Stock Exchange—.____
Stock
39
39
Exchange
Stock
Exchange
Los Angeles Stock Exchange______
Stock
40
___.._40
40
_____41
2,357,007
11,350,350
10,507,310
Exchange
Montreal Curb Exchange-Toronto
Stock
Stock
*
_48
—
Exchange—Curb
Over-the-Counter
-
and
exp.—
Section-.—45
Markets
4G
Transactions New York Stock Exchange
Transactions New York Curb Exchange-
160 S. Main Street
Bell
Stock and Bond Averages...
$934,201
$791,754
$470,143
$5.31
profit—
of
$4.24
$2.04
stock
common
642.
p.
Co.-
-Offers
to
Purchase
-
has offered
company
6%
par
to
purchase
all
outstanding shares of Its
preferred
stock tendered to it for sale by stockholders
plus unpaid accrued dividends
The offer will expire at 3:00 o'clock
p.m. (EST), Dec. 6, 1948. Holders
desirous of accepting the
company's offer must deposit their stock
at
$33
share
per
certificates
New
at
before
or
that
time
at
the
York, 55 Wall St., New York, N. Y.'
National
City
Bank
28
37
To
-
Distribute
The
directors
of the
Co.
at
company's
The
American
Cash
soon
of
is
as
of
Light
to
stock
be
paid
common
distribution
of
in
lieu
is
interest
Electric
in
8
to
Co.
common
Stock—■
stockholders
the Madison Gas
to
stock
holders
for
of
&
record
each
10
Electric
Nov.
shares
City 1
1
of
fractional
8
at
a
rate
shares
of
based
on
Madison
the
stock
of
market
as
value
time.
accordance with terms of the
plan approved by the Securities and Exchange Commission on Dec. 30,
1947.—V.
168,
p.
made
in
2002.
1
'
American Metal Finishing Co., Grand Rapids, Mich.—
Files With SEC—
St. Louis Listed and Unlisted Securities
47
Payable
_48
Foreign Exchange Rates
Combined Condition Statement of Federal
Reserve Banks.
48
Edward D. Jones & Co.
Established
48
-
Condition
Salt Lake
26
held.
that
being
Dec.
Madison
Dec.
about
&
distribution
made
stock
common
practicable after
Madison
The
be
will
share
one
Gas
authorized
common
distribution
rate
a
Madison
have
writer, DeYoung-Tornga Co., Grand Rapids, Mich. To enlarge manu¬
facturing facilities and for additional working capital.—V. 164, p. 1325.
Miscellaneous Features
Dividends Declared and
1899
of
'
The company on Nov. 3 filed a letter of notification with the SEC
for 40,000 shares of common stock ro be offered at
(par $1).
Under¬
The Course of Bank
Clearings
System Teletype SU 464
OLDEST INVESTMENT HOUSE IN
UTAH
59,553
337,672
—28
Redemption Calls and Sinking Fund Noiices„48
Light
EDWARD L. BURTON & COMPANY
Established
57,614
550,868
General Corporation & Investment News.CoverState and City Bond Offerings———
58
Specializing in
Utah Power 6-
This
$25
._42
—
—1„—_4£
—
Exchange
58,157
American Light & Traction
6% Preferred Stock—
--39
Exchange————
Stock
113,142
$867,369
551,787
tax
share
$753,927
.
39
Philadelphia Stock Exchange——
Pittsburgh Stock Exchange
Louis
-
33
Chicago Stock Exchange-
Detroit
operations—w—„
expense
net
per
168,
Page
New
exp._
income
income
Earned
—V,
oper.
income
Surplus
Stock and Bond
;
other
from
Nonoperating
dis¬
Balance
$161,298
3,128,448
BALANCE SHEET, SEPT.
31,
3,487,251
3,110,588
—...
debt
4,800
$1,531,684
—
outstanding—__—1——
share
:
tlncludes
interest
Net
Toronto
chgs.,
public
——.
common
ASSETS—Cash
and
1949, payable March
This action, It was stated,
March
City Electric Co. Scrip certificates
Montreal
4,638,297
Interest
per
on
City Electric Co., plus an
City Electric Co.
1949.
9,
„
—
period_'J_^:_'__-—^
per
on
current
Atlantic
of
record
ending
Feb.
.
quotations
of
per
dividend
Atlantic
share
American
holders
quarter
of
quarterly
a
a
.—
(special)—;—-—
''■Before net profit on
975 in
company,
of
San Francisco Stock Exchange——
4,632,201
Total
and
in
St.
in
subs.-
equity (as above).
Other
income——
count
125,813
2,421,244
& Foreign
Company Inc.-
and
30
Cleveland
Amer¬
Net
amort,
42,385
Foreign
Power
American
dividend
extra
for
shares
■^Earnings
Federal
22,270,122
'
\ 4,103
mi-
interests
ican
Exps.
35,541
.
applic.
nority
Net
599,564
538,795
Exchange adjustments on
working capital—__
Portion
15
the
of
$
6,927,432
11,803
305,034
divs;
will
to
for
20,600
tax
dividends
Common
-Earns.
$4,924,065 $21,052,116 $20,330,645
<net)__.._
deductions
Pfd.
13,082
income—-
income
to
1949
1948—12 Mos.- -1947
$
plants
—.—
Gross
Int.
an
New
1,790,071
—
of
lease
Operating
,
15,
declared
1793.
'
Other
operating
are
remittance
In This Issue
reserve
appropriations
♦
also
share
a
13,634
22.000
income
.
dividends
.^Deficit
.Total
Foreign Power Co. Inc. (& Subs.)
Subsidiaries—
(net)
and
,
dividend «of
declared
of
Bemberg Corp.—Bids for Stock—
Operating
revenues
$30,774,558 $26,867,374 117,655,922 102,721,079
Oper. exps., incl. taxes
23,503,506
20,292,739
89,640,833
75,462,866
for
declared
l/100ths
166,466
10,624
Federal
Nonoperating
American
Period End.
Preferred
Common
company's
1685.
North
Rent
for
frcm
--
quarterly
169,895
''Net income
$1.79
outstanding
com.
p.
American &
.*■
available
.,
Nov.-16
on
the
for
$366,798
,
expenses——,
sundry taxes——-—
649,941
$2.5(5
period
American
See
subsidiaries
assistance
the
reinstated
outstanding Cbrtimon stock, both payable Dec. 15 to holders of record
Dec. 1.
This brings Xotal payments this
year to $1.50 per share, as
against $1.45 in 1947 when an extra of 25 cents was paid In December.
—V. 168, p. 437.-'.;
'V1
;»
1
'
extra
dividend
168.
1577.
p.
made
.
.
$1,736,638
corporate
and
the accompanying
included in
The
financial
the Shang¬
American Colortype Co.—Declares 30-Cent Extra Div.
322,843
29,772
—
Com. shares
—V.
been
not
kre not
income,'
without
resources,
held, payable Dec.
Surplus
the financial condition of
$2,742,237
excess
profit
Common
of
subsidiaries
investment
and
franchise
cash
$3,681,575
_
&
profits taxes
Preferred
appraisal
—-
—
Management
&
Foreigii Power Co. Inc. in
subsidiaries was written off when the subsidiaries' properties,
which are located in Shanghai,-came under
Japanese control .in Dec.,
1941.
Possession of the Chinese properties was regained in the latter
part of 1945.. However, because of the unsettled economic conditioivs -'in\
Shanghai and the -continuing" instability of the Chinese currency, a
accurate
_——_2—
$347,027
19,771
$7,506,922
-
American Gas & Electric Co.—Dividends Declared—
tliv., foreign subsid.
Net
$1,874,867--$7,524,586
American
of.
$1,669,836
66,802
—*
2.434
244,217
,
$3,176,722
for
earned
r
$2,025,659
,r.
subsidiaries
Other deductions
Prov.
*■'*
"
surplukV--—;
NOTE—The
Consol.
Company
$2,111,458
from
Total
Pfd.
3,506,651-
3,508,401c.
Corp.
$3,814,335
income
received
foreign
871,183874,925
—1947—
Consol.
$3,016,512
„—
operation
Miscellaneous
Interest
1947
1948
1.-1—.—-~
——
"
operations
depreciate—
dividends
Total
Chinese
<
before
Corp.—Earnings—
!
.
....
,
expense.; v
exchange has
earnings.—V..168,
—1948-
Company
share
per
Sept. 15, this year,
2/100ths of a share
168, p. 2002.
and
and
15
June
15,
cents
25
American General
Cash
'
2,549,909
2,608,884
interco.J:
the accounts of such subsidiaries
-
with
2001.
Bank Note
Sept. 30—
656,621. >'627,779/;
•/
(incl.
amortiz.
but
9 Mos. End.
''
.
•and
reasonably
Dearborn,
'
service
a
March
of
City Electric Co. common stock were paid.—V.
9 Months Ended Sept. 30—
$3,377,571 $13,641,871 $13,563,482
chgs.,
taxes
Interest
America—Secondary Offering—The
American Airlines,
John
120,122
Provision
The stock was offered at $51.50
concession of $1.25 per share to NASD
'members.—V. 168, pp. 2001 & 1685.-'V*!
*;
'
share less
76,095
State
stock (no par)..
common
30,340
$3,553,468
- "
First Boston Corp. completed after the close of the mar¬
ket Nov.-17, a secondary distribution of 20,000 shares of
per
;
of
bidding.
-
for
Co.
a
mortgage
be
On
dividends
of Atlantic
*
Co.—Registers With SEC—
Nov.
on
$12,000,000
underwriters
shares.
quarterly
$13,565,776 $13,443,360
$3,347,231
6,196
—
income
concession
MISCELLANEOUS
-
fractional
1948—12 Mos—1947
1948—3 Mos.—1947
Total
Alabama Power
COMPANY ONLY
EARNINGS OF
in
INSURANCE
-
Statement of Member Banks
Federal Reserve System
Capital Flotations for October
of
4£
3
300 North 4th St.,
New
St.
York
Louis
1871
St. Louis 2, Missouri
Stock
Exchange
Phone
Stock
Exchange
CEntral 7600
Chicago Stock Exch.
New York Curb
Chicago Bd. of Trade
Exchange Associate.
Bell Teletype
SL 593
2
COMMERCIAL
THE
(2110)
FINANCIAL
&
CHRONICLE
Monday, November 22, 1948
—■#?*
•>
.
including
(Not
Period End. Sept. 30—
Net
sales
Cost
of
Gross
profit
$9,623,725 $11,178,802
Gen.
&
admin,
131,077
____
113,485
402,077
$240,988
$764,394
'
26,298
21,556
77,734
$842,128
Co.
-
"
107,608
4,000,000
is
338,000
^Profit
share—
per
"■Based
350,000
on
,
of
ended
the week
this
kwh.,
p.
168,
$1.22
11,
or
of
Ltd.
Corn.
168,
837,
p.
The
in
60,000
No.
blast
1
been
has
blown
inputs of subsidiaries
kwh., an increase of 24,-
furnace
at
the
last
of
year.—
its
Nov.
on
refinery
the American
while
168,
&
Bridge
in
of
average
will
Co.
Co.—October
End. Oct. 31—
structural
—V.
168, p.
1577.
Sales 4.7%
1948—Month—1947
$40,170,465
;
the
first
The
directors
made
Ncv.
on
Distributions
and
since
17
declared
payable Jan.
share,
per
1948.
15,
15,
the
1949,
regular
The
including
of
Nov.
on
company
Co.
June
dividend
of
filed
10
$150,000,000
Company
Sept.
Dec.
been
debentures,
with
statement
COMPARATIVE
Oper.
the
1,
rev.r
oper.
S
19,030.946
81,551
revenues-'—-
1948—9 Mos
17,312,877
Int.
Net
A
13,509,312
12,632,145
119,259,399
108,173,039
Works,
2,875,143
2,147,815
25.539,885
20,473,929
2,564,940
income
If
of
of
Co.
Period End. Sept. 30—
Earns,
sub.
of
•
Operation.——;,—
6,698,093
Maintenance
Prov. for
24,170
100,950
$587,018
of
41,509
34 227
$127,011
$95,693
the
name
would
own
Mass.;
acquisition
Federal
Other
80.480
v-M,200,774
adjusts.__
taxes..
Income
1,604.352
$1
It
was
tion
will
also
be
national
107,273
3,103,235
new
"■Interest
and other
ductions
stockholders,
Net
income
Net income
in
revealed
filed
to
by
list
the
and
Interest
and
of
3,682,558
debt
?
■
'-
\*'i'
•
1,190,499
1,170,586
$2,796,664
72,931
67,591
96,528'
$2,224,749
$2,358,393
$2,893,192
$3,029,475
and
.
$437,292
$244,500
$334,000
340,125
340,125
453,500
$1,773,768
$2,002,400
associates
$2,241,975
57.4c
65.5c
74.0c
ADDITIONS,
$1.50
of
share
per
record
Dec,
Nov.
on
17
the
on
stock,
common
1948, bringing
1947.
1,
the!
declared
the
extra
declared
that
it
a
dividend
year
ago
of
share
a
to
Dec.
to
1948
v
on
the
dividend
to
15
$8
of
retain
that
holders
of
earnings
of
wool
tive
dend
regular
to
augment
quarterly
the
domestic
convertible
of
$1.75
prior
per
dividend
of
preference
share
on
the
$1
supply,
stock
7%
share
per
the
and
the
cumualtive
also
declared, the former payable Dec. 15 to
1948, and the latter on Jan, 14 to holders
—V.
168,
usual
of
record
cumula¬
quarterly
preferred
holders
of
$4
stock
record
Dec.
It is estimated
$2,643,000
for
buildings,
equipment^ $7,846,000 for station equipment
.
and
betterments
been, financed
made
■
.
with-funds
.
the
first
obtained
.
(1)
from the
sale
in
August,
1948 of 75,000 shares of
ternal
the
sources
principal
item
of
depreciation.
The
is
which
-
the
.
eight
from
months
the
■
i,
and (4)
provision
from
made
for
.
.
This
year's net income, aside from the profit
ties which should be
substantial, is forecast as
Profit before deprec.
.Provisions
for
and
on
the sales of securi¬
follows:
productive devel. allowances (est.)
$590,OOo
development and depreciation——
118,000
•,(
be
It
(a)
The
for
year
before income taxes (estimated)___
Commercial
and
Financial
Chronicle
$472,000
program
its
required
is
in
order
expected,
treasury
to
however,
funds
on
carfy
that
this
out
the
hand,
program
company
(b)
funds
will
from
are
use
not
for
internal
will
as
be
may
yet
definite.
this
program
the
prinoipal items of which are the provisions made for depreciation and
amortization
(estimated
to
be
$3,725,000
and $90,500,
respectively,
during the 16 months' period ending Dec. 31, 1949) and (c) funds from
short-term
Profit
Mr.
when
and
bank
as
loans
and
(or)
from
the
sale
of
furniture and fixtures
prepaid interest, etc., $439,-
$50,000;
$366,313;
7
payable,
short-term
accounts
$2,456,900;
$125,315,000
accruals,
and
$3,878,879;
unearned
are
$2,572,865;
withheld—
$11,882,544; long-
reserves
discounts,
stock ($10 pari,
common
earned
which
(of
payable
taxes,
$10,418,240;
surplus
Santa Fe
during owner¬
Ry.- -Enlarges
Research
•;
Research,
9;
Enlarged
the expansion and enlargement of its
G.
II.' Minchin, Vice-President operating,
activities of
that department
began
on
1948.
'
NicJio.'son, .Assistant
the
to
training *and
Vice-President,' because
Operating
broad experience
been
"7
Nicholson.
The
also
appointments
.
,7'77;-'vv.
became
effective
Nov.
:
16.—V.
168, "p.
2003.
Atlantic Gulf & West Indies SS. Lines—Smaller Com¬
V
Dividend—
mon
directors
stock
common
Nov.
on
and the
declared
10
a
•
.
.
.
7.'/
..
dividend of $1
per
share
on
regular semi-annual dividend of $2.50 per share
the preferred stock, both payable Dec.
15,. out of year 1948 net
profits, to holders of record Dec. 1.
Previously,, the company paid $3
per
4
"
share
each
year on
7
the
Period End. Sept. 30—
Operating
income
"■Operating
stock
common
CONSOLIDATED
INCOME
in
December.
..
;
7
.
American
HOTE:
Union.
On
$35.00
account
of
Der
the
vear:
in
Dominion- of
fluctuations
U.
in
the
1948—3 Mos.—1947
1948*—9 Mos.-^-1947
$5,172,063
$7,711,561
A7
5,024,691
7,433,291
16,200,841
19.867,127
revenue
$147,371
$278,270
$217,403
$1,021,824
(net)____
46,959
69,756
149,344
230,441
$194,330
$348,026
$366,747
$1,252,265
13,158
21,727
45,438
72,173
taxes
$181,171
$326,299
$321,309
$1,180,092
(net)____
66,504
85,429
154,696
73,152
$247,675
$411,728
$476,005
$1,253,244
92,537
185,226
190,494
441,918
15,594
25,037
51,380
expense
sources,
additional
operating
Other
income
Gross
income
Interest
Net
expense
______
operating
$16,418,245 $20,888,951
before
(Other
profit
income
profit
Gross
profit
income
Prov.
of
minal
_____
taxea_
in
profit
int.
The
Net
taxes
income
for
Minority
before
Santiago Ter¬
Co.
6,264
profit transferred
to
earned
surplus..
'
.
7
$260,474
$759,946
principally
NOTE—Since
"the
$148,874
$210,908
differential subsidy rates for 1947 and
by the United States Maritime Com¬
differential subsidy agreement with the
New York & Cuba Mail
Steamship Co. (a wholly-owned subsidiary), no
estimate of the amount of subsidy the company will receive has been
included in the"results of operations for 1947 and 1948.—V. 168, p. 738.
1948
have
mission
not
under
been
the
securities
required.
7
"■Including overhead and depreciation.
(Representing
profit from disposition of capital assets (non-recurring).
operating
determined
operating
(Continued
'
S.
Canada.
rates
of
$38.00
exchange,
per
veer.
remittance
Other
for
Countries.
foreign
$42.00
subscriptions
per
year.
and
*
ACCOUNT
on page
7)
Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8
N. Y„ REctor 2-9570.
Herbert D, Seibert, Editor and Publisher;
William Dana Seibert, President; William D.
Riggs, Business Manager.
Published twice a week [every Thursday
(general news
and advertising
issue) with a statistical issue on Monday].
Other
offices: 135 S. La Salle St.,
Chicago' 3, 111. (Telephone State 0613); 1 Drapers' Gardens, London, E. C., England
c/o Edwards & Smith.
Copyright 1948 by William B. Dana Company.
Reentered
as
second-class matter February
25, 1942, at the post office at New York, N. Y., under the Act of March 3.. 1879. 'Subscriptions in United States, U. S. Possessions. Territories and Members of Pan(Reg.
the
on
7'
by
the company is engaged in the largest construction
history, it is expected- that • additional capitial funds
required.
Company's present plans for such future financing
in
suo-
in-
Since
•
of
assets
in
of the
properties
of Consolidated Telephone
Co.
the issuance and sale at par of 60,000 shares of the
company's common stock to its parent, General Telephone Corp., and
by the sale t<5 Provident Mutual Life Insurance Co. of Philadelphia of
$700,000 series D bonds (the proceeds from the sale of said bonds
having been used to retire a 2% demand note of Consolidated Teler
phone Co. assumed upon the acquisition).
were
Status—H. R. Milner, President, Nov.
1, said in part:
sale
of
acquisition
financed
was
net
not
announces
of
-0;:tr
M.
Net
the company's com-
\ mon stock to its parent, General Telephone Corp.,
1948.
Anglo-Canadian Oil Co. Ltd., Calgary, Alta., Canada-
1948,
central
re¬
$3,-
and $6,200,000 for
.
during
1,
for
$6,720,000
(less
subsidar.es
$4,606,878-; invest-consol.dated, at cost (50%
not
$62,677),
1948
Vcpdssessions,
non-finance
in
company
30,
repossessions
and
in railroad operations
appointed
Director
of
the Denartmcnt
of
Research
with
headquarters in Chicago, Mr. Minchin said.
J. P. Morris, now General
Assistant, mechanical department, Chicago,
is: appointed
Assistant
to
the
Operating Vice-President, succeeding
is
1947 of $6,000,000 series D bonds and 150,000
shares of its 5%
1947 series cumulative preferred stock (part of the
proceeds of both issues were used prior to 19481; (2i from the sale of
150,000 additional shares of such stock in April and August, 1948; (3)
1897.
p.
$5,176,600 and $19,458,000, respectively.
SEPT,
and
receivables
on
investments
$3,600,000;
his specialized
lias,
properties on April
November and December,
divi¬
Dec.
31,
J.
of
Co.
It
SHEET,
receivables
and; Federal
company
on
The
respectively.,.
con¬
(under provisions of longpayable, $15,566,288 is not available for cash dividends on.
reacqulsition of, capital stock), $18,590,710; increase in equity in
Nov.. 10,
7
(not
notes
said
:, :
$10,693,485,
subsidiaries
non-finance
BALANCE
losses
$130,557,000;
Department
96,700,301
major additions for-the 16 months commencing Sept,
have
1948
announcement
the
on
and
$3.44
,
of
Department—
property
$11,733,643
1,562,736
$18,590,710
-
income
net assets,
others,
or
-
■
stock.
1,041,824
share
finance
and
This
Offered—As
$16,566,288
$20,153,446
—
-j.net assets of non-finance subsidiaries not consolidated,
ship, $1,813,678; total, $220,770,816.—V. 168, p. 1898.
1139.
p.
$3,587,158
-
1948—
Atchison Topeka &
gross, property additions and betterments for the re¬
months of 1948 and for the year ending Dec. 31, 1949,
approximately
Additions
said/
The
a
$6,000,000 first mortgage
-
-
90,000
:
—
notes-payabfa, $35,OOO.OOQ;
term
1, 1978, 3%% at 102.38 and in¬
outside plant.
to
greatly increased requirements for working capital and to finance
capital expenditures for plant improvements to keep the mills of the
company modernized and up-to-date.
An extra of $2
was
paid on
Sept. 15, last.
6"''
Requirements for working capital have increased greatly because
of
the
present high level of wool
prices and manufacturing costs,
the large volume of business and the
necessity of importing a large
be
office
meet'
amount
on
follow:
bonds.
in
that
four
the
will
share,
per
stock, which was
the directors believing
omitted,
larger percentage
a
equity
loans},
term
said purposes, and in part to liquidate any short(used for said purposes) owing by the company at the
amounted to
amount to
; will
common
was
affiliated
paid-in surplus,
for
new
$3,497,158
1-
-
future
state
will be used by the company in part for the
ETC.—Gross
2,650,000
—
.•
$26,085,262;
possible
for
$
104,266,703
1948
maining
-
this time,
at
advisable
was
$2
for
details
2,283,396
■_
$1,326,578.
dealers
Nov. 1,'47
$
1,
quarterly
payable
total
compared with $10 in
The
usual
'
,
the acquisition of the Consolidated Telephone Co.
estimated
American Woolen Co.—Omits Extra Dividend—
directors
1
of
*
The
stock
common
Ltd.—Bonds
10
1,981,885
3,257,038
—
1
outstanding
reserve
additions for the year endea
1947 and for the eight months ended Aug. 31, 1948 (exclusive
(Dec.; 31,
companies.
(On 2,704,472
'
made
bank loans
date of issue of the
82.8c
interest and preferred dividends to parent
shares fo common stock.—V. 168, p. 1577.
offered Nov.
4,567,106
—
-
taxes—-
reserve for depreciation),
total, $220,770,816.
bank
present
issue of Nov. 15, Kidder, Peabody &
PURPOSE—Net proceeds
heretofore
453,500
$1,554,672
share—
per
"■Excluding
(less
—-9 Months Ended
34,471,704
Co.,
——.
1948
30,
$18,236,577
—_
_
debentures.
common
$189,222,752;
in
owned,
-612;
Righer—
.
Telephone
our
on
common
of
for
ment
construction, completion, extension and (or) improvement of its facili¬
ties and ...(or) service, in part, to reimburse its treasury for expenditures
•>
income—
their
of
Nov. 1,'47 Oct, 30,'48
37,550,817
terest. 7 Further
V
Co., Inc.;
amertiz.
new
J'
bonds series E, due Nov.
term
(Earnings
•
—
mentioned in
88,358
$329,952
.
1,200,000 shares
of
the
present
share
Reported by subsidiary store companies.—V. 168,
$2,941,117
taxes
net
'•
:•
Associated
$2,290,802.
expense
Oonsol.
'
'*
SEPT.
ENDED
—;
31
LIABILITIE&-7-Notes
be
1794.
p.
Oct. 30,'48
3,592,116
877,940
$2,151,818
L—;:
Wat. Wks.
Expenses
''
sold
Total
Am.
2,694,865
1943-——
continue
be entitled to receive four
corporation's
MOS.
9
consolidated, at cost plus subsequent increase in
^idiaries "(equivalent to
underlying book
valuesi,
corpora¬
a
exchange.—V. 168,
THE
income,
undistributed
190,8601,
:
securities
Sales
subs.
will
each
lor
400,000
__
receivables—.—
Sept. 30,
ASSETS—Cash,
Print
three
the
Stockholders
3 Months Ended
to
in
sub.
of
August,
$7,703,819
897,853
appiic.
invest,
cos.
$7,669,721
2,770,974
dividends
Arnold
and
which will
corporation
Associated Dry Goods Corp.—Sales
de¬
(net)..,.
"Preferred
stock
common
2,860,849
$5,863,607
.
per
serve
af¬
its
109,209
1,504,275
2,174,639
$5,820,645
i#---
shares
consider
spokesman fo;* the company, that if the
proposed consolidation is approved, it is* con temp1 a ted that an applica¬
1,284,906
1,593,320
the
of
Period—
Operating income
15V to
Dec.
Works, Inc.,
value.
2,800,000
.'
-
Co.—Earnings—
FOR
CONSOLIDATED
held
thiv corporation! and
corporation
new
$2,800,000
—
—_
—
surplus,
New
—
j Easthampton, Mass., and Greenville,
par
'
l
—
income
Dec.
Common
of The' Aspinook Corporation.
The re¬
and operate plants at Jewett City, Conn.;
the
of
of
Southern 'Califonva,
principal
'
'
on
net
Earnings
.
$364,957
.
1,447,302
1,343,225
80,377
.
2,371,935
taxes
114,543
127,789
S459.229',
Consolidation
Aspinook Corp, will, after the consolidation,
:
1,191,316
■
stock
parent,
31, 1949,
underwriter for the
principal amounts of the new oonds'un¬
payable and
dividends paid
Earned
:,+
Aspinook stock.
7,917,685
8,865,068
959,775
\
capitalization
common
in'
each
and other income
—
Listed—
Adams,Mass.
company's
before Dec.
—
Federal
surplus,
"■3efore
under
company
shares
1,006,956
1,003,588
plant
Cash
$479,502
the
of
expenses...
"■Consolidated
22,196
$129,921
new
ex¬
1948—12 Mos—1947
52,226
,
the
or
financing operations-..—
i
Dividends received from non-finance subsidiary
$178,520
\
to
from
■
6,013,712
1,220,847
deph & retire.
Amortization
1948—12 Mos.—1947
/•'
'
.
,
for
Income
Total
be
communities-
name
_
notes
on
Provision
,
■
The
of
$18,396,362 $17,293,382 $24,296,194 $22,828,045
—
Interest
Earned
Inc.
other
INCOME
Provision for losses
$457,303
will
is
2003.
p.
Other operating
$2,727,622
between
Io
31,
plan, 1,590 of such shares
U0.000 additional shares
share, on
per
i
2,270,313
stockholders'
at $20
Co._
Salaries
$486,0G8
of
1948.
25,
90-day
on
$800,000 had
was
respective
interest
2,764,342
consolidation
purchase
Oct, 1, (948.
issuance and .sale
ioliows:
as
&
CONSOLIDATED
590,064
of
to Oct.
up
aggregate
an
time
any
annum.
(Including Wholly-Owned Finance Subsidiaries)
stockholders
$3,250,411
on
1949
1,
at
per
of
Associates Investment
fund
$695,814
Vote
July
Wis.,
$105,751
the'proposal is approved by
will be consolidated into a
sultant
(& Subs.)—Earnings
1948—9 Mos—1947
cos.:
revenues
Life
168,
788,803
Corp.—To
stock
as
for
and
Discounts,
C.
Operating
—V.
companies;
$500,000;
$500,000;
Bankers
Wis.,
for
Corp.,
the
are
insurance
Wausau,
Appleton,
companies,, the Lawrence Print
.Lawrence,
American Water Works Co., Inc.
and
Weld
$126,293
meeting
operations
18,855,916
36,525,346 153,438,302 117,278,179
*'
v.i
.
26,153,228
2,457,224
52,550,430
—.
2'0U3.
cities
bonds
White,
first
sinking
4%
$1,500,000
following
arrangement
employees'
Kidder, Peabody & Co
Shuman; Agnew & Co._
A
Mutual
to
up
outstanding
reserved for issuance to emoloyees on or before Dec.
an
authorized
certain
taxes
deductions
special
filiated
charges..
in
Privately—
Northwestern
such
UNDERWRITERS—The
2
time
total amount outstanding as of Nov. 9, 1948 will be
proceeds from the sale of the new bonds:
110,000 ad¬
subscribed
been
new
series
1583,854 shs.
incorporated in California, March 18, 1929,
Company is engaged in the business of. providing local telephone service
838.
3 '/a%,
to
$5,000,000
BUSINESS—Company
1138.
p.
agreement
147,502,884
oper.
sold
the
to
Common Stock May Be
170,952,512
168, ,p.
under
been
income
&
Aspinook
S
taxes——
after
—V.
the
solidated)
1947
tions
Net
the
w.Lh
General Telephone
.
.
J.y48—3 Mos.—1947
(net)—:
other
expenses.—
Operating
Operating
.
...
the
to
$915,097
income
17,247,184
:.
-
,
168,"p.
$1,000,000
Insurance
Lutherans
income
168,
18,949,395
revenues—
1968
revenues
income
&
—V.
an
Operating
1948
9,
company
1,
End. Sept. 30—
Gross
171,567,127 147,949.606
614,615
446,722
65,693
the
Liability
for
operating
Other
'
~
~
$
$
,; ;
,
of Des Moines, Iowa, $500,000.
1948 the company offered its
3
expenses
Net
Net
INCOME ACCOUNT
1948—Month—1947
Period End. Sept. 30—
Uncollectible
Dee.
and for general corporate purposes.-
telephone plant;
Operating
due
day.-
a
time
under
that
1949,
were
Arkansas-Missouri Power Co.—Earnings—
Operating
registration
a
25-year
borrowed
had
barrels,
refinery
from
exceed
to
ditional shares
the right
to subscribe for one share of new
common
(par. $5) for each four
shares
of common held at
$12.50 per share, for a total of 24,000
shares. This offering-was oversubscribed by the stockholders.
Proceeds of
the
securities will be
used
to repay
bank loans and
finance company's expansion program.—V.
168. p.: 2003,
of
record
Association
On
Aug.
on
1948
due
Aid
,,
share have
per
the
None
notes, at an interest rate of 1*4%
retired
oil
barrels
113,941,500
was
through
below.—V.
Jersey)
1, 1974
of Milwaukee, Wis.
Life
1973. The
names
of the underwriters will be determined by competitive biddirtg.
Proceeds will be used for advances to subsidiary and associated com¬
panies, for the purchase of stock offered for subscription by such
companies; for extensions, additions and improvements to its own
covering
(New
March
Sept.. 20,
Period
The
Co.
sold
Employers Mutual
Registers $150,000,000 Debentures—
SEC
1948
runs
of 123,566 barrels
average
due
bonds
Insurance
Higher—V
quarterly
$9
Oil
company,
mortgage
work.
'.W
stockholders
to
the annual rate
1922..
at
of
Crude
borrow
not
derwritten
American Telephone & Telegraph Co.—Usual Dividend
$2.25
months
ten
daily.
280,312 shs,
1300,000 shs.
159,688 shS.
750,000 shs.
$20)_,i—.
(par
pected
crude
of
134,670
of
average
an
Arizona Edison Co., Inc.—Places Securities
1943—10 Mos.—1947-
V—\
production
that
Tanura,
Stock Issue Oversubscribed—
$38,345,520 $337,618,884 $314,994,515
•' •'
•
Ras
at
373,579
Standard
See
On
Stores
American
Period"
announced
.
the
do
to
amount
unsecured
Borrowings to Be Retired Following Acquisition
debentures
Sales-—
Bank
near
vr
Oil Co.—October Output—
17
stock
280,312 shs.,
310,000 shs.
t—
any___
an arrangement with Security-First National Bank of
Angeles, Bank, of America National Trust and Savings Association,
Citizens National Trust & Savings Bank--of
Los-Angeles and California
by Standard of New Jersey of 30% Stock Interest—
2003.
p.
block,
if
None
($20 pari:
"■Company, has
have
Production
Estimates range from 60 to 65 days to complete the. relining project.
The A. E. Anderson Construction Co. of Buffalo, N. Y., has the relining
contract,
solid
a
•
series,
Common
daily.
.
out
.
'
.
stock
6,700,000
6,000,000
Los
during October amounted to 14,530,550 barrels, an
468,727 barrels a day.
The company processed 4,174,776
at
Bank
Steel
(Pa.)
Donora
;
preferred
series ——r_—:—
1947 series
5%
Arabia
of
barrels
far relining after producing 2,003,500
net tons of pig iron. Blown in on Jan. 18, 1941. the furnace has been
in continuous
operation for seven years and nine months, with an
average
daily
production
approximating 700
net
tons.
The
rated
capacity is 600 net tons per day.
' '
•
—V.
practically
in
acres,
Outstanding
10,300,000
Tuture
been
is
762,
p.
company
Saudi
average
the System
week
161,
Authorized
$1,368,000
been
an
company's
has
this
Arabian American
2003.
Works
$3,000,000
program
FINANCING
PRESENT
TO
314%, due Dec. 1,: 196P.J
Unlimited
3'ML due Nov. 1, 1974—fa- Unlimited
Series D, 3 l/a%, due Nov.
], 1977—— Unlimited
Series E; due Nov. 1, 1978 (new bonds) Unlimited
"DO-day, 1%% notes__—' $5,000,000
Cumulative
handled
37)687,724 barrels, ah
The
this
EFFECT
Bonds:
4J/2%
$1.10
Ameircan Steel & Wire Co.—To Reline Furnace—
Wire
Towards
acres.
which
being
Taber.—V.
Co.—Weekly Input—
1948,
a
.
$384,198
amounted to 244,365,000
'11.30# over the corresponding
company
804,000
V.
Nov.
$425,520
outstanding.—V.
shares
American Power & Light
For
$111,621
$0.32
$180,072
$0.51
profit
a
Anglo-Canadian
monton
Net
,
company is contributing 5%.
This develop¬
through Bear Oil Co. Ltd., ori the board of
represented.
'..
■■/ ■%
During the last few days Anglo-Canadian with two. ether indepen¬
dent companies has taken under reservation from The Calgary & Ed¬
*
104,000
1
;
stock of the Alberta
the construction, of
$1,000,000.
has recently completed
cost of approximately
,
committed
which
125,199
309,000
46,923
32,486 >
138,000
tax—_
income
Ltd., which
plant, at
interest in
GIVING
*'.V
Mortg.
Series' C,
i);
,
/■'■
cap:
1st
Series B,
company
recently joined with other American and, Canadian
independent oil companies In an exploration and development program
$847,397
.-it-
deductions
Other
Federal
60%
a
salt
covering
56,053
$262,544
.
profit
are
The
ment
Total
has
company
modern
$791,344
"
$350,558
Other income
Salt
$2,413,783
1,208,743
$324,260
expenses
Operating profit
$2,375,214
355,517
1,255,879
366,565
405,347
—
current; assets
net
-'
the capital
Valley.
8,765,014
7,24$,611
$709,990
$860,684
fr. sales-
expenses
The
,
The
Selling
outstanding.
$2,080,000.,>The current dividend is 5 cents per share
while the total dividends paid to date amount, to 39 cents
per share, aggregating a total of $894,750.
' '
•
■
The company cwns of has interests in 33 producing wells in Tunner
annum,
per
1948—9 Mos.—1947
$3,043,389
2,333,399
$3,164,144
2,303,460
-
2,365,000 shares
are,
approximately
subsidiaries)
sales
1948—3 Mos.—1947
___
sales---—-'-
There
Inc.—Earnings-
American Maehine & Metals,
■
advertisements must
be
made
in New York
funds.
.
Volume
168
Number
4753
THE
The
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2111), 3
Capital Flotations in the United States During the Month of October
And for the Ten Months of the Calendar Year 1948
Corporate financing for October aggregated $647,602,184, the second largest monthly total this year, being ex¬
ceeded by the March figures of
$691,647,936.
This com¬
pares with $481,588,369 for September and
$674,870,543
for October
1947,
this
Of
month's total
$628,859,165,
sisting of 29 separate issues, aggregated $368,981,500,
56.9%
of
principal issues for the month
Shell
Caribbean
1968.
Petroleum
Co.
Armour
due
&
trust
shares of
3V2%
June
stock
common
System, Inc., for
Corporate
an
issues
1963
and
New
Capital
545,880,788
594,600,395
—
First quarter
Six
July
27
149,660,000
26
23.9»
30
45
36
15
ten
$279,162,089,
up
Total
'
present
tabulation of figures since Janu¬
a
>
MONTHS
1948,
1917 AND
July—
1
Total
$
New
$
Capital
/".<•
Total
-tl!)4f
Refunding
1,615,011,860
196,921,136 3,234,071,474
14,724,735
R858,566,823
509,380,071
483,316,787
260,700,941
156,800,417
„481,588,369
256,357,364
42,572,016
1,251,669,381
2,090.000*
239,493,152 4,485,740,855
18,743,019
134,670,053
119,204,001
253,874,054
47,616,401
271,362,410
318,978,811
129,503,023
307,169,645
436,672,668
531,164,539
188.633,528
732,416,105
314,559,864
350,651,431
793,083,035
ten
369,051,533
451,493,579
304,261,824
367,632,081
104,757,061
of
Series
171,038,753
146,341,925
317,440,678
1,291,349,461
Total
Jun
25
Jun
29
July
9
July 16
July 23
Jun
21
Jun
21
Jun
21
for
six
July 1
July 8
Jlily 15
July 22
July 29
July 1
July 1
July 1
FINANCING
907,782,367
702,592,565 1,610,374,932
674,870,543
270,684.761
554.347,159
589,877.742
1,009,294,814
G-iy49.
Tne
:
2,238,512,516
1.522.096,504 6,274,531,532
73,168,350
——„
■
•
DURING
Accepted
113,297,492
•
'
\
,
\
Price
1,551,786,186
272,781,782
Due
45,589,866.775
99.748
*0.997
99.748.
*0.997
99.748
*0.997
91
days
1,724,853,000
2,601,685,000
908 599,000
1 year
1,078,583,000
99.748
*0.997
909 689,000
1,689,397,000
1 year
99.748
*0.997
2,601 685,000 100
1,078 583,000 100
IV*
2,103,020,000
2,103 020,000 ,100
1,672, 717,063
a
for
Oct
91
Get
8
Oct
91
'
Price
Accepted
>16,106,500
a
16 100,500
100
902,136,000
900,834,000
99,717 +
Oct
91
days
1,601,346,000
Oct
91
days
1,740,640,000
Sep
20
Oct
1 year
1,256,445.000
Sep
20
Oct
1 year
1
1,365,442,000
901,204,000
99.717
1,256,445,000' 100
1,365,442,000 100
1 year
1
3,912,862.000
3,912,862,000
10-12. yrs.
Oct 1-31 Oct
12
Oct 1-31 Oct
415,277,078
years
409,335,400
for
October-.
H,166,112,478
Total
*
for
ten
months,
series,
of
on
*—___
bank
a
which
series
discount
E
have
1V4
>•;"
1963.
from
:
i
by
a
,
b
-
are
sold,
have
b
on
a
12-year
a
»
Comprised
of
-are
'
-V
C-1948,
The 4ale
of
C-1949
and
C-1950.
Series
of these bonds was discontinued
^series
D, began ,§ept,
If held to
maturity of. 3
,1,
19£3
and.
years interest
on
C'earnings about
Aug. 31.
interest
Typo of
Dated
,Total Amount
,
Security
,
six
for
Accepted
months.
1
91
each
pe-r
.
Refunding
•-
h
New
Indebtedness
8
91
day Treas. bills
July 15
91
day Treas.
July 22.
July 29
,9|
.
bills
day. Treas. bills
day Treas. bills
91
i-v
'
;
•
'
.
*
'
Co.;
•of
;
■
909,689,000
series
Ctfs.
of
indebt.—
2,601,685,000
July T
Ctfs.
of
indebt.—
July
Ctfs.
of
indebt.—
1,078;583,000
2,103,020,000
1,672,717,063
16,106,500
140,082,600
1
1
U. S. Savings bds.
Depositary bonds-*
Tax
Antic'n
notes.
Total
for
July
5
day
Treas.
bills
92
day
Treas.
bills
802,692,000
906,388,000
91
day
Treas.
bills
900,595,000
Aug 26i
92
day
Treas.
bills
Aug 20
Aug 26
92 days
1,493,468,000
1,000 376.000
U.
S.
Savings
473,493,142
: 473, 4:93,142
52,881,200
2 years
;
!*6.99')
Aug 12!
5,500.000
i;
a
Aug
;
100
2
Aug
52 ,881,200
100
*1.072
2,103,020,000-
v
/
1,828,9^6,163
4,260,000 St.
•
bds.
; 3,889,000
i
52,881,200
—
473,493,142
August
'
4,140,3:14,342
Sep
2
91
days
1,614,413,000
1,000, 566,000
99.728+ *.1.075
Sep
9
91 day?
1,001 328,000
99.728 + *1.076
Sep 16
Sep 23
Sep 30
91 days
1,100 616,000
99.726+ *1.083
91 days
1,597,589,000
1,685,103,000
1,397,986,000
1,000 796,000
99,724 + *1.092
91 days
1,410,855,000
1,102 605,000
99.720
Sep
15
iVa
3,595,374,000
3,595
Sep
1
Sep
Sep
Total
for
1
yrs.
10-12 yrs.
12 years
3years
;
374.000
41.109
:
1
1
3,610,051,000
&
Corp.;
Treas.
bills
Treas.
bills
1,001,528,000
Treas.
bills
Sep; 23
91 day Treas. bills
1,100,616,000
1,000,796,000
Sep. 30-.
Sep 15
91
bills
1,102,605,000
11/2 yr. Treas. notes
3,595,374,000
U. S. Savings bds.
Depositary notes__
411,768,940
414,768,940
3,294,500
3,294,500
100
13,8
a
P,
Sep
2
716 ,504,100
100
c
Sep
Sep-
1
•
1
Total
91
day
Tax
for
Treas.
Antic'n
notes.
September
1,000,566,000
certificates,
1949-Aug. 1, 1957.
1,
Priced
to
maturity.
yiel'd
from
Offered
1,001,528,000
1,100,616,000
:
In the
lowing
1,000,796,000
1,101,696,000
3,595,374,000
909,000
716,594,100
8,800,576,000
1,132,566,540
\>r
Brothers.
Co.
t
to
Inc.;
maturity.
R.
W,
Co.;. The
;
'
Offered
Presspnch
Illinois' Co.;
;
&
b/
Co.;
McMaster
,k;
2>/a%
Co.;
&
Co,;
Stroud
<fe
Union
Co.,
Francisco
series
C„ due
Securities
Co.
Ry.
2%%
annually
(Inc.); Blair & Co.,
Phelps, Fenn
&
&
Co.;
Burr,
(Continued
on
Corp.;
White,
Inc.
equipment
Nov.
trust
Sehoellkopf, Hutton & Pcme-
inc.;
W.
E.
Hutton
&
Co.. and
page 6)
and
the
comprehensive tables
pages
ten
we
compare
months'
on
the
the fol¬
October
figures with
those
for the corresponding periods in the four
years
year
preceding,
comparison.
thus
cer-
1949-1963.
Puxyield from 1.60%
Offered
by
Harris,
Inc.; Equitable Securities
1,
to
1,000,566,000
716,594,100
9,933,142,540
Co.
RR.
Inc.; Coffin
Reynolds & Co.
530,263,342
day
day
100
4,140,314,342
day
3 ,294,500
tRevised.
&
Louis-San
Hall
•
91
411 ,768.940
9,933,142,540
August—
■
ti'ust
214%'
according
■
&
Drexel
&
tificates,
3,889,000
91
3,294,500
716,594,100
for
Feb.
pose, purchase of equipment.
Priced
to
2.75%
according:
io
maturity.
;
52,881,200
Sep
2;
Sep'
9;
Sep'16
411,768,940
Reptember-
2.50'u
rov.
Total,
•
equipment
,
H'utzler;
i
Co.; First
Illinois Co.;
equipment
trust
certificates,
U, due annually July 1, 1949-1963.
Purpose, purchase, of equipment.. Priced to yield from 1.55% to 2.65%
according ;tp maturity.
Offered
by
Salomon
Bros,
iz
,j
,
&
The
McMaster- Hutchinso;*
series
;
906,388,000
Blair
Co.;
and Lehman
Co.; Freeman, &
Htrochinson
8p2,092,00q
RR.
Stuart
&
9,675,000 Pennsylvania
•
1
for
&
and
:
2V*%.
semi-annually
to
Ilalkey,
Otis
"
900,595,000
1,000,376,000
trtufc
Purpose,
equipment trust certificates,
series, AA, .due semi-annually April 1, 1940-Oct. 1, 1958.
Purpose, purchase of equipment;
Pricec} to yield front
..
'■>:
——
16, 106, 5Q0
140, 082, 600
Depositary bonds—
notes.
William
Inc.
•
RR.
Central
1;672, 717;063
1,000.376,000
473,493,142
Antic'n
due
Illinois
b
99.726
'
.
1.50%
905,908,000
Tax
Aug
a
3 ,889,000
Co.,
1,101,588,000
12,539,674,163 10,710,768,000
91
*'
Co.;
Freeman
&
Central
Y,
&
Corp.;
Harriman Ripley & Co.
i
equipment
1949-1963.
yield from 1.60'+
to
Offered by Kidder, PeaLee Higginscn Corp.
Purpose, purchase of equipment.
1,50Y% 'to ' 2.45according
to
*
'
Rothschild
Pollock
;
Illinois
2,601,685,000
1,078.583,000
July '1
E.
co.
^249,000
F.
L.
Michigan
Win,
908,599,000
909,689,000
2%',n
1,
to
Northern
Ry.
2^%
equipment trust certificates,
semi-annually March 1, 1949-Sept. 1, 1963.
Purpose,
of equipment.
Priced to yield from 1.375% t->
2.625% according to maturity.
Offered Vf
Halsey, Stuari?
& Co, Inc.; R. W.
Presspricli. & Co.; A. Gx Becker «& Co.,
Inc.; Gregory &' Scii, Inc.; Hornblower <fe Weeks; Otis i'i
4,234,178,775
908,599,000
Ry.
annually Nov.
equipment.
Priced
purchase
1,101,696,000
Aug 19;
;
Western
due
due
annum.
'r
1
1
'
month.
■'
1,101,696,000
1,101,588,000
905,908,000
99.745+ *0.997
3,889,000
North
&
according to maturity.
Co.; Dick & Merle-Smith;
body
f
Treasury/.notes
45,589',866,775 41,355,688,000
day Treas. bills
99.730+ *1.066
'
ity, 2 V* %■ equipment trust cei tificatos
15,
1949-1958.
Purpose, purchase of
Nov.
12,720,000 Great
^.07%.
>
c
accrues,
approximately 1.40%
.USE OF FUNDS
i
906, 388,000
'
Offered
Schoel)-
Inc., and Reynolds & Co.
2.525%
*
-
;
; 900 595.000
12 years
according toi maturity.
(Inc.); Blair & Co., Inc.;
Pomeroy,
trust
to
certificates,
Weld
99:748
equipment
semi-annually Oct. 15, 1949equipment,: Priced to yield
of
Priced
purchase. of
Comprised of separate issues designated Treasury notes of tax Series
C-194;7,
1,608,398,000
10-12 yrs.
annually
5,325,000 Chicago
.
threes Sepa¬
sold on a
and yield 2.90%; series F have a 12-year maturity,
discount b^sis, at 74, and yield 2.53%. and series G
maturity, are sold at 100. and bear 2Va % interest,
1,447,552,000
802 ,692,000
Co.
2% %
Jersey
due
2.775#
&
&
New
A,
yield from 1.55'm- "to 5.20'+, aocording to maturity.
Offered by Salomon Bros. &
Hutzler;
& Co.; Union Securities
Corp.; Stroud & Co., Inc.
i
-v;.".
;
maturity,
a
10-year
91 days
>
of
purchase
to
Hall
equipment.
„5
12,539,674,1G3
1,707,403,000
1.70(*
Harris,
due
;
i
-
Purpose,
4,200,000 Chesapeake & Ohio
discount basis at 75,
July
1
Co.
series
kopf, .Button
,
1+2
■+
c
83,369,110,298
basis,
Aug 12
Aug 1-31 Aug
•;,
5
Average rate
rate
Aug 19
1
+ n. 120
1V4
RR.
eertii'ichtesV
Drexel
6
Aug 1-31 Aug
Aug 1-31 Aug
1
'•
Aug 13
Aug
RAILROADS
$1,500,000 Central
*!.118
..
Total
Than Five Years)
1V4
a
1,258,000 100
409,335,400 100
>
91 days
92 days
5
100
415,277,078
,
1,258,000
3 years
1
)
99.717+*l.ll8
15
20
Oct
Oct 1-31 Oct
%
•
1,413,923,000
2
,140 082,600 100
140,082,600
July—_—
Aug
2,268,027,500
Long-Term Bonds and Notes (Issues Maturing Later
+ *1.114
'
-
2,164,000
20,763,463,500 18,495,436,000
—
Capital Flotations
During October, 1948
Yield
"99.71*8
1,101,319.000
22
Sep
months.
Details of New
$
1,676,128,000
Oct
Aug
July 30
days
days
Oct
Juiy
1 Va
1,672,717,063
2 years
151,323,000
Amount
Applied for
July
IV*.
1 year
July 1-31 July 1 10-12 yrs.
July 1-31 July
12 years
Total
1
July
905 908,000
91 days
July 1-31 July
Oct
July
1,101, 696,000
1,101, 588,000
•
64,264,000
153,487,000
1
1,824,567,968
:
%
1,777,999,000
1,802,239,000
r
89,223,000
Below we give complete details of the capital flota¬
October including every issue of
any kind
brought out in that month.
Yield
days' 1,655,491,000
_
+62.100,000
153,487~000
:
tions during
,
3,564,441,065 3,087,628,616 6,652,069,681
$
Total
91
91 days
333,769,000
i;
804,52. ,175
1948
'$
"""
91 days
65,715,000
sold
.343,853,111
676,193,682
86,315,940
691,223,683
Amount
Dated
_
Amount
Applied for
y
months
399,484,000
;
820,545,112
2,012,654,879 2,814,846,834 4,827,501,713
83,126,999
/■
usual tabulation:,
Amount
Due
r
8,769,000
* Comprise sales of special series certificates and notes; certificates
to Adjusted Service Certficates Fund
and Unemployed Trust Fund
and. notes to Federal Old Age and Survivors
Insurance Trust Account,
Civil
Service
Retirement
Fund, Foreign Service
Retirement
Fund,
Canal Zone
Retirement Fund, Alaska Railroad Retirement Fund, Postal
Savings System, Government Life Insurance
Fund, National Service
Life
Insurance
Fund,
Federal Deposit
Insurance
Corporation, and
Federal Savings and Loan Insurance
Corporation.
tNet retired.
472,389,142
380,544,595
Date
being redeemed with cash.
Dated
325,000,000
—
for
606,543,042
Offered
—
Total
84,068,960
The Treasury Department in October, outside of the
above, confined- its operations to the usual weekly sale of
Treasury Bills, Savings Bonds; Tax Administration Notes
and Depositary Bond$.!
;'•! ;
•
;
Offered
40,000,000
25,715,000
September
1,104,872,512 2,112,254,269 3,217,Me,781
2,744,669,555
243,118,879
for
October
75,922,920
The Secretary of the
Treasury announced on Aug. 13
that all outstanding 2% Treasury Bonds of
1948-50, dated
Dec. 8, 1939, are called for
redemption oh, Dec. 15, 1948.
There are now outstanding
$571,431,150 of these bonds.
TREASURY
100,339,500
365,000,000
34,484,000
for
392,874,893
i
1,995,393,637
Certificates of Indebtedness
our.
70.590,000
—
Total
598.947,623
$3,912,862,000 Treasury Notes of
exchanged for the new 1
% Treas¬
•
170,929,500
August
1,414,518,213 2,207,601,248
123,226,255
147,461,407
122,187,231
s
898,474,568
and
i
t'20,610,50C'
62,100,000
for
Certificates
6(15,211,295
1
STATES
120,950,U0
50,540,000
Notes
■;
392,762,791 ^682,652,434
671,103,991
859,737,519
2,757.041,391 1,278,977,625 4,036,019,016
647,602,184
*
present
20(050,000
29,929,500
September—'
450,548,250
886,102,732
25,757,281
$1,353,966,000, or Series K-1948, in the
$1,467,076,000, or Treasury Notes of Series
B-1948, in the amount of $4,092,050,000/ all maturing Oct.
1, 1948, Cash subscriptions were not received. $1,256,445,000 Treasury Certificates of Indebtedness of Series J1948, $1,365,442,000 Treasury Certificates of Indebtedness
now
575,552,000
—
Total
"
*
611,519,659 1,718,109,224
1,106,589,565
of
UNITED
97,155,000
Certificates
in the amount "of
We
672,707,000
Total
$
$
1
•'
,
Date
625,552,000
'
July—1
for
Notes
Secretary of the Treasury Snyder on Sept. 20 announced
offering, through the Federal Reserve Banks of 1
Treasury Certificates of Indebtedness of Series G-1949, !
open on an exchang.e basis, par for par, to holders of ;
Treasury Certificates of Indebtedness of .Series. J-1948,
•J
t50,000,00c
47,155,000
141,000.000
"■
'
Certificates
364,744(693
211,267(388
the
remainder
50,000,000
672,707,000
1
August—
-
926,167,815
were
$
1,256,203,000
October—
Treasury Financing in October
ury
1
1
,
Net Issued
$
18,110,653,000
k;,
i
...
,
Retired
19,366,856,000
1946:
-
Refunding
$
—:—4.752.435.028
Series B-1948
months
Notes
MY
FINANCING
$
Notes'
ary, 1946, showing the
different monthly amounts pn
corporate financing. Revisions of the 1947 and 1948 fig¬
ures may be necessary,
particularly as additional private
financing is brought to light.
six
Certincates
,
we
for
697,736,056 1,009,525,533
628,859,165
K-1948
.8,551,785,298
Issued
compared with $119,749,201 for September and $118;439,612 for October, 1947, Of the total
$273,114,973 was new
money and $6,047,116 refunding.
■
.
470,278,199
Series
825,870,478
74,817,325,000
♦INTRA-GOVERNMENT
289,889,643
Twelve months
of
10,340,242,000
83,369,110,298
44.7
311,789,477
November—
amount
11,166,112,478
—
months—
50.2
.
454,528,580
December—.——
L
October
for
1,026,560,331
1,209,097,365
quarter
for
78,214,460
319,497,872
213,807,327
83,198,079
4,246,247,703
1,258,009
409,335,400
44.2
281,117,000
Total
40.4
164,265,000
Below
415,277,078
1,258,000
409.335,400
notes-
21.5:
45
306,148,750
_
Antic'n
Total
81,225.000
247,630,000
..
Oct'
35.2,
....
—4—
Oct
376,314,120
211.666,667
<518,608,778
455,831,088
Fourth
3,912,862,000
415,277,078
Total
258.610,941
1.
1,335,442,000
indebt
274,583,073
494,655,336
October.
Tax
indebt..
of.
S.
751,977,258
624(203,944
3,037,150,338
months
11
of
Ctfs.
113,723.057 1,619,059,614
28,896,829
Nine
Savings bdSi
Depositary notes..
Ctfs.
30,923,566
139,824,303
612,638,292
Third quarter
U.
901,204,000
1,256,445,000
1,365,442,000
3,912,862,000
indebt
103,335,204
378,169,624
—
1
900,834,000
901,204,000
1,256.445,000
of
180.343,822
310,723,947
4,088,750
August
1
900,834,000
day Treas. bills
559,972,304
50,212.500,
Beptember___.
1
91
691,647,936
1,531,813,781
months
Ctfs.
14,091,516
595,307,115
quarter*
1
260,909,483
562,425,792
Second
28
367,439,374
374,080,874
June
21
97,041,541
1,505,336,557
April
179,263,000
——
New Capital
A"
902,136,000
Oct
54.5
Municipal issues for September added
con¬
$
2,590.000
1,101,319,000
902,136,000
day Treas. bills
day Treas. bills
91 day Treas. bills
1
1,223,000
Total
$
March
'33
-f1947-
Refunding!
364,849,374
1,101,319,000
91
Oct
30.4/
...
194*
$
January_.„
February——.
j
January
SUMMARY OF CORPORATE FIGURES
—
91
Oct
15
»'
142,155,000
$
7
44
Oct
Totad
,
New
Indebtedness
Oct
56.9-
146,675,000
February
(no par value) of Columbia Gas
aggregate of $12,230,000.
placed privately in October,
$
Obt:.
[
...
March
Refunding
Oct
% of
29
—
(
Accepted
$
1
I:sues
1*,
May
Apyil
Na. Of
V.
Amount
August:
July
Total Amount
Security
Dated
Oct
$368,981,500
:i__
September"
,
(N.
due
Type of
or
ten ! months
first
.
;
was
debentures
'
>
•
Month—
October ;
Co. 20-year 3%% sinking fund
debentures,
$30,000,000 Truehauf Trailer Sales, Inc. col¬
1968;
lateral
This loan which
the
up
i
J.) 4% bonds due
placed privately with
insurance companies, is alnong one of the
largest ever
negotiated in the history c>f corporate financing. Otheremissions for the month worthy of note were:
$75,000,000
Michigan Bell Telephone Co. 40-year 3Vs% debentures;
$75,000,000 Pacific Gas & Electric Co. 1st and refunding
mortgage bonds, series E 3Vs% due" 1962; $40,000,000
Oct. 1,
For
parisons with the previous months of 1948 follow:
$250,000,000
were:
total.
issues placed through the private route
to 301 for an aggregate of $2,067,140,250, or
40.2% of the corporate financing for this period.
Com¬
or
.
.
,
The
month's
year,
added
97.1% represented new money financing and $18,743,019,
or 2.9% was
refunding. Thus, the trend of financing held j
to the same
pattern for the 27th month/ showing new
money greater than refunding operations, with the ex¬
ception of May, 1947.
i
the
of
this
affording
a
five
H
W M
O
>
Q
M
O
>
r
>
o
o
a
a
§
o
a
*3
H-I
a®
H-*
to
t—1
5d
to
Total
Capit l
$
New
75,4026
136, 4813
f'lMap.nwi
Total
$
,
14,85123 17614,25 4,815,265
4,5 2,50
921,5870 2.40, 0 20,9562 54,32 90
R•efundi g 820,4 19 50 ,0 14,897608 23,901263
—
Cauit
$
New
Total
$
4,5 2,50
10,8491 1,90,0 76,058 14 30,4237
9170,123583,93.55964,8067o 1945
214,09
1,09654
28,9215 243,0147
346,251
Refundig 43,8 .40 29714,950 140,
73,168350
„
132,6450
875,0
.576,18
206,835
—
oif-1946i
M1087',2356994,4/5uj.SIUJFAtBGftnpeOaolhaebPvoridgr.cngmsdffkclyTOFFYTSUCEHINNAHVAIBERRESD
MTFOLFYACINHOUEIAVACEBRRPNDGS
Capitl 26,930
$
New
Total
$
•
9765,0 36,42 1
273,084761
20, 0 18,439612
75,92 0
Refundi g 50,672.90 257 0,
$
-194:
47,2650 49,150 369,4 761
674,80543
460,57 0 64798,620 149,76923
20, 0 4,793014
Capitl 409,280 39,248620 149,7623
$
13,64598
New
Capit l
1,52(1,0 7,301, 23
New
$
Total
XaTtv
RDeavcolnsptmrudi.
.1
Capital
579048,,13587
5,0 ,0
5,782,954
50 ,0 0
6,970, 0 27,5 948 3,801,30 28,41 73 25,94 214
8,467,046
820,4 19
$
Total
40 ,0 0
237,0
5,20 0 1,260, 0
Refundi g 19,20 17,9360
Capit l
New
$
Total
21,03 0 105,9360 8,26.0 40,0
95,0 0
1,2630
5,71 3 1,350, 0 7,2~50 157, 9 51
50 ,0 0
43,50 9,8148
25.397,423
1,50,0 1,90 , 0
40 ,0 0
12,36713 1,280, 0 7,~2 5~6O 57,13850
3,013625
58,41 048
70,0 0
4,0 0 6,419,420
Refundi g 40,253 0
$
$
Capit l
New
945,18 104,0 0
120743,,888490
29 ,950
65.403 0 1,09643
36,208.45 1,09643
40.57b0
26,930
29 ,950
48,069387 51,2769 9,748. 0
1,759,380
67115386,,4,304286
217167985,8,,4022364.11 9283144,67.,02059,1
214,953
62777543,,,908824056103
189,0453
28,970 596,3213 15,2 0 7,2576 231,4951 50,4 0
74,16 048
2 ,017 0 56,2905 10,4370 146,03975 24,05786
31,8037
6,970, 0 40,123 61 5,081,30 "5270 0 85,379 6 26,\34921
42,980671
15,20 2
1,2038 ,12
40,23 0 124,8 1 104,0 158,69.40 1,496,43 1,35 0 29 , 50 19.084,17
"
37 ,0
29,34950 19,20 0 17,92640 34,9 50 1,260.
73,168350
95.0 0
7~4 ,147 46,091 6 21,03.0 104,0
106.8471
13,0 0 12,50
30 ,0 0
30,74 0 28,1950 69,7058 20, 0 1.0 0
7^584,17
140, 0
29.14,950
945,18 104,0
6,10 , 0
12,0341
1/759,380 2,4960 1,520, 0 12,301 23
15,67031
50,67290
30 ,0 0
34,70 328,450 76,09 0 20, 0 1,0 ,0
OS
7,859380
47,1526 36,25 0 516,80
194,758
1,50 , 0 2,40 , 0
40,23 0 123,8760 93.46,0 40 .0 1,35,0 1,50 0
s
3
124,7 50 1,496.3 29,50 18,70147
"
34,70 376,514387 127,3 69 19.748, 0 1,0 0 15, 0.2
25, 0 4,0 ,0 53,2 50 18,69.420
35,069387 38,97 6 9,748 0
15,20 2
30,74 0 32,60.87 108.64 276 19,748. 0 1,0 0
15, 0 2 598,47623
659487,,407261283 CINOGSORREPNUUFPWAEIT 514980,9,58,423720089
CFGFOOORVARPEERNIGMANTT,,
notes notes notes governmt agcies&t.,Posein 89910,30744235 flgSbufrer7tmoaaoTuniccpeyindldtseyss Notes- ceopt,manufctres manufctrig 4 throaelddticinng.g,, -— Notes- . ceoptr,manufces—L manufctrig htroaeldditincngg.,, ceoptr,manufces manufctrig thraodelditnicngg.,, * ceop,manufctres manufctrig throaldeingt,-c. s62e8c,u5r9it1
Total
$
345.827,0 1,67,0 17,86125 31,94 379
Refundi g
■—1048 18.543019
$
Capitl
$
New
SOUMFARY
805,180
56,280 279,162089
250, 0
20 ,0
327,891 1,670 17.6lG25 31.94379
56,280 6,047,16
805,180
250, 0
18,74309
273,14973
628,5916
$
Total
$
—1948-
Refundi g
ACHANRDTE Capitl
New
$
20 ,0
62,407 182,350 5,(10 250, 0 350, 0 45,13 0
6,4870 6,587,20
967,0 0
43,916 89 60,930 4,106,85 30 ,0 0
1, 67,0
20 ,0
2,718, 19
2,750. 0
2, 4,180 50.68,14 62.407, 0
26,4198
'
5,920 175,380 52.860, 250. ,0 350. 0 42,16 8 57,28391
20 ,0
S67.0
20 ,0
60,930
43,71698 4,106.85 30, 0
1,67,0
60,930
59,16085 250,3 0 350, 0
48,326180
2,750, 0
6,487,0 6,78,20
2,718 9 18,743019
647,0218
2, 4,180 50,4814 5,920 60,930 57,16 085 350, 0
219,45789 250,3 0
,
45,60731
OCTBER bonadnsd bonadnsd stock boanndds stock corpate Governmt foreignLGoaaonvndt, Staes toal OFOCTBER Boands utiles aacnesdoriinduastnrdl builedntcgs, Miscelanous ShBorot-Tnaedrms utiles aacnesdoriinduastnrdl buieldtncgs, ' IntvresutmsnM,icelanous u'tiles aacnesdoriinduastnrdl1:bueildtncgs, Micelanous utiles aacnesdoriindausntridl Miscelanous corpate
scteoall,,
scteoall,,
Invtersutmsn ,
Invtersutmsnt ,
tIneBraationnkl Municpal—Stes,
scteoal,l,
scteoall,, buieldtcng.-s, Intvresutmsn ,
OF Long-termShort-temPrefsrtoecdkComstoocnk Long-termShort-er_mPrefred Long-termShort-emPrefredComstoocnk
Comstoocnk
Corp ate— Domestic- Candian- foreign—
MONTH
•
-
Other
Grand
Total
Can dian
Other Farm
*
United
•These
MONTH
Long-TermRailroads Public Iron,Equipment Motors Other
Total
Land, Rub er
Ship ing
Railroads Public Iron,Equipment Motors Other
Total
Oil
Land, Rub er
Ship ing
Stocks-
Railroads Public Iron,Equipment Motors Other
Total
Oil
Land, Rub er
Ship ing
tal—
T
o
Equipment
n>
tO
24,685 7 34,750 504,278 73,2157
New
$
-1947
L7597380
4O735",85
247685,7
46,058 27 24,05 786
a>
cr
14,85123
105,3640
<
CD
50 ,0 0
$
$
6,10 , 0
O
O-
tH
5,0 ,0
14,250 921,5870
Rme-Ifaundi g 21,570 512,9 052 10,73 0
-
3
HH
t*
—
28,470 540,6750 13,8750 74,30 0 50, 0
-1945 "
179, 0 50,250
270.8 ,0 38760, 36,5G1
$
1946-
126,093 0 42, 0 67,2 795
Si
98,7089 26,093 0 42, 0 38, 06
$
1»45 '
154,0
$.
-194
o
t—t
6,10 , 0
36,25 0 51,80
Refundi g 34.7v5,0 504,278 49,036 0
46,9806
1,2038 ,12
$
Total
42,370 61,50
618,3542
Refundi g 587,14987 19758,75 5,10 , 0 7,0 ,0
$
-194
42,370, 108,3 60
701,350 37.20 9,1526 7,0 ,0
$
t—(
Public Iron, Motors Other Land, Rub er
Ship i—ng
Total
to
CO
Total
$
2,148930 12,750 376,05340 83,1 90 59,20
Total
2 0, 0
518,70 96,038 17,90 37)l250 85.70, 0 2,51 0 1,50,0 8,2750
S
2,67938025
$21,035 356,9~207 53,68942 21,70 0 oobligatfns
'3,6127 ,692
Refundi g 1,74903274 10,75 0 247,10597 8,63,81 38,250
2,0538976
21,0350 352,190 324,67 95 7,490, 0
Capit l 39,1 726 2,0 ,0 128,9473 21,0 0
625,48 61
4,730, 0 208,95 67 14,20
5,80947 $47,9 0
639,50 671,25087 5,0 0
Total
$
74,8092"
.
New
Total
$
5,4 2,50
4,351 620 46,0 0 938,25683 213,8467 25,0 0
'" -
Refundig 3,841736 4,50 0 540.96,5 41,26 38 25,0 0
$
-1945
1,90,0 397,2 14 172,58 34
Capitl "472,630
$
New
Total
4,53821
2,0 ,0
3.0 )0 5 47,60 12 209, 0 1,750 35,0 0 10,382)0 83,50
50 ,0 0
Refundi g 1,9 235 197,03 253, 7624 153,8076 10,2890 26,509720 4)320 38,5 46
1.34,0265
50 ,0 0
$
1,4 065 1,956380 205,70
43.825,0 1,05879,52 10,4 0 286,0 15 43,06714 2,51 0 45,CO 0 4, 1975
2,16 72 1,987,50 147,360 1 10,3890 9,823,540 1,835 13
84,350 42,360 9,48750 2 0, 0 362,413.825 52,71 53 1,~50) 0 9.823.540 62,48 913
14,5914 9,26 082 29, 5)0 632.07,648 96,28452 14,850)926 234,972
1,4 7680 2,1475 4 214,3 082 32, 5)60 1,079.68 305,689.42 1,750 49,850926 1Q,382)6O 319,64729
1,346980 2,071582 203,5702 541,3.41 215,4691 10,2890 3,09720 4)?32)0 14,2784
2,0 ,0
26,05 0 357,126987 5,0 0
40 ,0
4,0 0
80,30
1,50,0 46,0 0
.
$
7,50 , 0 ~ToT,50
4,0 0
40 ,0 0
Capitl 10,80 45,1348 8,07130 3,"o~ 6o 194,0 96 5,1924 1.46,0 8,490,280 6,05)0 45,91536
$
1,50,0 1,90 , 0
Total
64,1580 1,9540, 5,79230 137^50 51,780 590, 0 18,69.0 41, 450 16,"32)0 17,46250
10,80 70,2637 10,83 0 5310,987", 538,1762 90,4671 1,460 16,84206 6,05.0 178,4950
35,12 0 38,1250 37,64 58 26,5962 109,258)60 831,907 5 38,549 3 6,502,50 12,59 30 1,34,751 12,63 81 348, 1064
Refundig 592, 0 139,6 4 34,69230 230,7682 516,7842 1.39,0 50 ,0 0 9,~23 ,0 28,349602
2,064 0
Y2,876593143,71,8563109270826454tJUSIihnNBPMcrpualEotFeGtadslvndomehwevcdbfr.kuinglfaDs^Rvo§CmIccluwyesFEOTM3FINSAVCHDO1RASR. 21,473089,637243051586
FYOE3MFTNAMIICUAVDHAN1RTCSRP.DGL
$
-1946
■
50 ,0 0
2,50,0
$
64,1580 1,57.4658 2,051962 246/758)60 1,345790 628,549.3 25,1950 53.7043 1,34,751 28/W5.81 50,928564
50,0 0
812)718
291,674 1 5,625,0 210,840 10,9750
2,140
2/719)57 2769725 31,47362
90 ,0
Capitl 1,0387.569 36,01 0 518.97,456 681.90,65
7,841,0
New
Total
39 ,0
6,7250 5,0,0
$ 3,9 56,70 760,23186 48,7216
^
Refundig 1,07342605 5,235,0 239.408 3 1,852 7 4,978,50
Capitl
S
New
Total
2,30.5 29 61,490 520,8 13 416,9 1
$
3,96873,90
521,50
~ 39 ,0 25,0 0 10T273,49
4,067,0 413.95, 428,5 64 1,20 0 " 805,180
15.20,448,77,3210364.89016995
306, 0
805,1.80
$
New
OSUMFARY
Refundi g 29,80 0 854,1735 3,0 ,0 1 ,7 15 3,945,0 4,01 0 25,0 0 6,758,15
20 ,0
1,33,5459908014
Total
$
-1947
82,10 250, 0 30, 0 20,750 2,087532 23,0 0
306, 0
6,05 ",•0 "To 75 5 59)675
19,08 02 520,6841 137,482107 3,20,0 2,0 ,0 128,056370
4,05,0 60j)0 56740,
20 ,0
New
Total
40 ,0
4,875106 8 150, 0 294,05 2,385497 5,70
!
4056,23,7205 09)326
2;,0 I — 5703, '":5-f.. 209)57
61,490 34,2791
708,930
47,213685
13,85248
2450139,857664,7192209835 13,457.98089
71,8630 389,4253 41,7362 245)9",82 902,5.67 10,86. 13,872.50 50.48 3 1,34.751 fA.OKltfi
n
1
$
509,830 1,9 56.40 73,0 0 8,160 16,30 0 76,23150 50,8 0 34,680 14,30 0 35,0 0 364,5 0
•
■.
-
10 ,0 0
2,67,0 4,067,0
1,70 , 0
Refundi g 48^716,0 058,329 6,50 0 24,697150 21,075 0 18,73 0 19,28 19
CAHANR DTE
Capit l
New
$
461, 70 1,869071 6,80 8,160 16,30 0 742,53 0 529,7 .0 15,90 0 14,30 0 35,0 0 345716 8
v
243,405,01796982
10,80
1,29 30 2)5o)5o 21,94358 149,074 10, 0 124,53 60
596,51
17,43017 6,093,40
95
10 ,0 0
2,67.0 4,067,0
1,70.0
3.0 ,0 160,93.80 3,945,0 4.01,0 25,0 0 708,930 23.68,36
29.80, 1,06387,52
-
19,83(719 19,08 2 473.1,729 137,482107 3,20 0 1,291,07 14,2 1
$
-15)48
5,10.47
213,90 2,5096 ,81 27,0 .0 10,36250 42,308. 2 1,49.3814 289.32,107 57,821i0 67,50 0 2,0 ,0 3342.76506
1,4203,37144,880625;9587759609 287944138,,6002149
IONCTGUSORNRHEPIUFPWEEAID
Capitl 183,90 1,245790 27,0 0 10,36250 20,3 0 510,9385 147,805 10,6 0 41,90 0 148,6 85
$
5,13 409 150, 0 934,80 2,405189 6,150, 0
640,8 0 76,9102
$
--
83,0 0 328,0 39,2 71 29,0 0
258,3617
Capitl 3,74062 4,0670 407,5190 410,82 96 1,20 0
40 ,0 0
35,07 0 36,01 0 85,960247 20,634 2 108745, 2 621,89065 27,543 6,502 0 9,53 93 1,34751 10,3648 316,89702
*
LFFGCOOAVRERPEINGMNATT,,? 87,,7662593431 fbSraoamtoguneicpyienldtyssSUBArhluswrdc.k
Hefundi g 234,07 298 6,439,405 17,23468
$
-15)8
213,90 2,09 63,850 27,0 0 10.36,250 23,0 62,705 15,7*0 54,621 0 6,90 0 154,92 0
50 ,0
436,0
New
26,50,645783109348,092.571196
592, 0 1,857024 40,3170 "812)718 40,9874 527.43, 1,39.0 3,21957 1,50.725 59,846 873,4518
2
6,VO. O 89,1289
$
25,0 0 10.723,497 §82,1 0 250, 0 13,0 0 531, 0 2,068 2,30 52,0 0
$
-1947
Capitl 71,863.0 30,460 21,0 1375~0 280,43592 73,21573 7,30 40,9450
127,450 714,2 93
'
"
.
S
237)50
24,8 924 2,732,08 2879 50 34,0813 34,8754 8)350926 13,42791
New
20, 0 68,570 15,2791 760, 0
Refundi g 2,184351 482. ,324 73,158 29 126,950
2,140
^816)375
10,75 0 82)01 30 12)96730 457O ,0
New
20, 0 813, 50 869,2548 760, 0
$
-1946
2 0, 0
528,170. 1,0 5982 19,8750 648.~ 2,40 95,83 90 2,51 0 46,50 0 9.823.540 106,92 8
12,750'
10, 0 750, 0
37,625 0
$
-1945
3,21 0, 38,1250 1,0 469780 754;39,64 126,950 "90 ,0 0 7,50,0 79~42,50
s
$
47,9 0 613,4750 314,210
5,42,50
Refundi g 43,8250 975,81 642 10,4 0 164,07185 43,06714 2,51 0
-194
104,2798 1,987,50 269,35740 10,3890 45,0 0 9,"823)540 18,6518
80,30
4,50 0 16,57 230 6,534,02 ~237)50 287,95 17 61,4 905 6,5070 102,8693
2 0, 0
Capit l 84,350 20,19358 7,50,0 213)05 l 42,6385 l)50)0 50.649,0
S
-194
10, 0 750,0 2,0 ,0
316,7490 1,29 30
"
57250)5 205,8 .24 149,07 4
10,80
183,90 1,4582064 27,0 0 10,36250 39,08 2 98,41. 285, 710 13,80 42,50 1.291,07 319,028 7
83 .0 0 294,321 59 ,230 160, 0 5 0, 0 875,08 907,040 648. 0 30 ,0 0 0 0, 0 0 0. 0 175, 60
8
18
84
509
2,246
980. 699.
14
35, 10,
491,
34
'
48,7160 12,53 46 6,50,0 30,79 40 21.075, 0 18,73 0 19,853
24,16873
1 7,0 762,975 09 ,230 160. 0 5 0, 0 084.598 ,83204 910.80 30 ,0 0 .0 0 ,0 290,2 5
10, 0 123,85704 819,326
78
461
2,133
15.
18
'
8
14
950 678
35
10
471
5.13,4-0t28679
3OECNT1DBER bonaontdedss stock stoc—k— bonaontdedss stock bonaonteddss — stock~- stock-—T corpate— Governm—tBank governmt-Gavcies,&♦Municptal—Se,sPosein fdInuncloodsetNQMueanwbitobc,, O3ECNTD1BER NBoteoasn—ds eccotopal,,manufctres oriesmaanunfctdrig etc htteorraludtcisn.g,, NBotoeasn-ds — eccotopal,,manufctres o,i— maanufnctdrig etc htoterraldutcisn.g,, :eccootpal,,m:anufctres oiesmaanunfcdtrig etc._ httroreauldtsicn.g,,,: I_ cceoopta,l,,manufctres:oriesamannufdctrig;etc ~;:thrtrouaelsddtiincngg.,,, s4,e87c5u1r0i6t
MONTHS Corpate— Domestic10
stock foreign—-
Long-term Short-em Pref red Com on Candi — Long-term Short-em Com on Other Long-term Short-em Piref red Com on
P1ref d
.
Total
Can dian
Interaiol foreign Loaannd Staes
Other Farm
!l
United
toal fi•gTuhreesse
Grand
Porovinfce
MONTHS Long-Term Railrods utiles ste ,lIr,on Equipment and industral buildngs, Investmn Miscelanous
10
Public
Motors Other Land, Rub er
Short-Tem Railrods Puutilbelisc ste l, Equipment Maontodrs industral
Iron,
buildngs,
Other Oil- Land,
Investmn Miscelanous
Stocks-
utiles industral buildngs, ShipingInvestmn Miscelanous Railroads utiles 6te l,Equipment and industral; buildngs, ShipingInvestmn Miscelanous corpate
Railroads Public Irsoten,l, Equipment Maotnodrs Other
otal—
Total
T
Land, Rub er
Public Iron, Motors Other Land, Rub er
Oil
G
(2114)
*125,000
(Continued from page 3)
*6 ,487,000
New
United
Co.
Bros,
'
vately.
lien & ref. mtge. bonds,, series C,
1st
Co.;
F.
E.
Hutton
Win.
Co.;
8c
,
,
PUBLIC
Edison
#;
United
Life
&
Purpose,
bank loans,
Liability
repay
Employers
Wis.; Aid
Bankers
Mutual
Association
Life Co.
*1,000,000 Arizona
of
Edison
bonds.
vately
to
Des
bank
repay
Northwestern
loans,
Mutual
States:
Assurance
Insurance
Sold
Co.
Co.;
'*2,000,000 Coleman
Gerbcr
White
8c
'.first
due
mortgage sinking fund
1,
1973.
Purpose,
privately through J. G.
3(4 c/r
Commercial
series,
Placed
poses.
&
due
Telephone
July
1,
privately
Curtis and
Stone
&
first
Co.
1978.
through
Webster
mortgage
Purpose,
Peine,
Webber,
Securities
Power
due
on
and
int.
int.
*1,000,000
j
due
by Halsey,
Telephone
Stuart & Co. inc.
Central
Sons;
Republic
Co.
&
Co.;. Eastman,
First
Boston
Corp.;
8c
First
Miller
Hilliard
&
&
Son;
The
Co.;
patrick-Pcttis
Co.;
Co.;
&
Co.
i
Kuhn,
Locb
&
Co.;
W.
Co.;
Men ill
Turben
.
Laurence M.
8c
Lynch,
Co.;
F.
Marks & Co.;
Pierce,
&
Co.;
&
Beane;
York
Ely,
due
note
'$250,000,000 Shell
Oct.
■:]
annually
($750,000).'•, con¬
Co.
of
New
'.
York.
l,440jj)00
Y.:
N.
Petroleum
Co.
Carnegie
i
America;
Co.
Corp.
Co.
(N.
J.)
4'f
bonds
Mutual
Mutual
Lite
Lii'c
Insurance
Insurance
Co.
Co.; Paine, Webber, Jackson & Curtis; R. W. Pressprich & Co.; Wm. .C. Roney 8c
Co.; John R: Schemer
Co.; Smith, Barney & Co.; F. S. Smithers & Co.; Stein
8c
,.
■->
&
Boyee; Stone & Webster Securities Corp.;
Inc.; Spencer Trask & Co.; Tucker.
Co.,
Provident
Mutual
Life
Holy
due
lion.
Stroud
200,000
& Stubbs.
"
■
*700,900 Northwestern
3(47'
Public
series
In v
1978.
'
Service
notes.
Placed
Co.
1,
PuriJO.se,
through
A.
f
Gas
C.
<S-
Ashm.un
Co.;
;
S.
Bleiohroedef,
Aspden. Robinson
Inc.;
!C.
-
&
Townsend.
&
Crouter
&
Bodine;
Detmer
&
i
1
*1,000,000
.'i -i-.
G.
C.
F.
Hutton
&
Co.;
R.
H.
Johnson
&
Minsch,
Co.
Co.;
of
Moned
&
Omaha;
Otis
&
Co.;
Mullaney,
Newburgr, Locb
Co.;
&
Wells
Co.;
&
Co.;
Alfred
Rothschild
&
Co.;
8c
10,000,000 Public Service
Co.; J.
Co.
S.
of Colorado
first mortgage
bonds, 3J/e
series due 1978:
Purpose, refunding ($5,467,200); capital
expenditures, etc.
($4,532,800).
Price,
102.C3
and
int.
Offered
by Harris,- Hall & Co.
(Inc.); Drexel & Co.*
Equitable Securities Corp.;
Hemphill, Noyes & Co.; Mer¬
rill Lynch,
Pierce, Fenner & Beane;
'
:
!
'
;
I960.
Brother* and
America.
of
promissory
•
r
Well
Co.
44
subordinated
Surveying
Co.,
retire
with
Bankers
serial
Sold
'
150,000
Co.
3%4
note
:
of
Feed
due
working
working
leans,
bonds,
series
struction
of
31A'a
program.
Halsey, Stuart
due
Moines
Des
life
Sept.
(la.)
&
Ne,v
due
Price,
Co.
Hampshire
fix—t
1978.
Purpose,
102%
and
int.
Supply
&
Sept.
capital.
Co.,
15,
Price,
*70.000
.-
Suburban
Propane Gas Corp.
clue Dec. 1, 1957.
Investment, Co.,
privately,
5(4'[
sinking
Inc.,
;
,
Purpose,
with
1
general,
'
3'
fund
i
INDUSTRIAL
OTHER
$200,000
,
Nov.
•••'
Booth
AND
1,
Offered
Co.
&
con¬
Offered
Water
1958,
privately:
1948.-
convertible
Purpose,
working
capital.
subscription by stockholders.
for
,
Bush
Terminal
pose,
general
Prudential
300,000
North
corporate
Insurance
extensions,
etc.
companies.
*1,000,000 Southern
due
Nov.
privately
Colorado
1,
to
1973,
two
Po-ver
protected
notes,
Co.
of
due Sept.
etc.
X,
Offered
•
.
1951.
for
Purpose,
pay
subscription
ferred
stocks
stocks
of
of
stated
a
no
par
par value
and
all
classes
of
at
while
par,
common
Purpose,
first
mortgage 3(4fr
finance" expansion.
insurance companies.
$300,000 Arizona
bonds
Sold
$12.50
per
holders.
up
to
Co.,
Purpose,
share.
Refsnes,
5,000
Inc.
repay
24,000
bank
Offered
for
loans,
of
common
expansion.
subscription
Ely, Beck & Co.
unsubscribed shares.
agreed
to
-
by
Electric
&
66,000
&
Co.;
Rey¬
&
Co.;
Redpath;
shares
stock
of
4.40'3
$100).
(par
Price,
Blyth
&
Ripley
$102.25
Co.,
Co.,
&
Inc.;
Inc.;
&
&
Co.;
Laurence
M.
Elworthy & Co.
4,500
shares
4(473
of
refunding
Placed
Co.
Purpose,
privately
pre¬
($200,000),
with insur¬
Co.,
Inc.;
Inc.;
shares
350,000
retire
program.
of
loan
and
bank
Price,
Dean
Merrill
$13.50
Witter
common
finance
per
share.
&
Co.; Har¬
Pierce, Fenner
Lynch,
Smithy Barney & Co.; Stone & Webster Securi¬
&
Co.;
Brush,
Slocumb
Davis,
Davies
H.
M.
Byllesbv
&
Co.
Sutro
Co.;
&
Co.;
&
Barth
J.
& Co.; Buckley Securities
Corp.;
& Co.; Irving Lundborg & Co.;
Inc.; Stern, Frank & Meyer; Bailey
Davidson;
William
D.
James
Co.;
Frank
Mejia;
McAndrcw.
&
&
Knowlton
&
Dewar
Co.
Co.
and
Southern
Colorado
par).
(no
C.
N.
Power
share
by
(no
Price,
$21.50
Offered
Gas
par).
for
for
&
34,067
(11,798)
Boettcher. & Co.;
Hutchinson
stock
White
Co.
Purpose, expansion,
to public.
Offered
unsubscribed
share.
Co.;
Whiting, Weeks <fc Stubbs; Mason Brothers;
&
Co.;
Pacific
Northwest
Co.;
Raggio
& Co.; Henry F. Swift & Co.; Wulff,
Skaggs
&
Hansen
283,598
&
Maxwell, Marshall & Co.; Mitchum, Tully & Co.;
Rpllins 8c Sons Inc.;
Sbuman,
Agnew
&
Co.;
H.
stockholders;
underwrite
&
Co.;
'
are
stock¬
Inc.;
4.6073
of
8c
Parker
Purpose,
$8
stock
Inc.;
Co.,
Stroud
program.
'7
stockholders;
Price,
Co.,
Whclen
Son
Inc.;
Witter
Corp.
Blyth' & Co.,
2,219,101 Washington
shares
Ashmun
S.
&
Corp.;
Co.;
per
PUBLIC UTILITIES
Edison
$5).
Dean
$100).
'
$10i.
Ripley
(Inc.);
and
/
Sons
preferred
pre¬
stock
Biddle,
Ncwbold's
&
Colorado
Works
stock
taken
C.
shares
63,000
Co.;
H.
($250,000).
Weeden & Co.;
/
are
Inc.;
Fitch
Auchincloss,
of
expansion
1
value
&
Securities Corp.;, Union Securities Corp.;
(par
Gas
by
Selland
(Preferred
Co.
Co,
construction
Co.;
etc.
(par
Beane;
E.
stock¬
STOCKS
Hall
Elworthy & Co.; First California Co.; SchwaWesley Hall <fe Co.; William R. Staats'Co.;
Bateman, Eichler & Co.-; Hill Richards & Co.; Hope &
Co.; Lester 8c Co.; Pacific Co. of California; Revel Miller
current
by
Co.
Water
Diego
bacher
callable
■
(Inc.); The
Curtis; E. H.
Harris,
Deane
8c
stock
riman
with
7
i.
.
&
W.
Rollins
Co.;
companies.
Offered
par.
privately
8c
Co.; iRiter'& Co, and
ferred
Pur-
cumulative
6 73
8c
Weld
"Marks
&
America.
3-year
H.
& Webster
^■450,000 Richmond
dated
notes."
2-3-year
Placed
purposes.
Co.
Mining
indebtedness,
(par
Co.
.
1
4(473
Co.
8c
Co.;
Barret,
'shale and
diV.
Offered
by
Smith,
Barney
8c
Co.;
Harriman
Reed
Butte
holders.
Buildings Co.
8c
'per
'•:■"<.
Price,
Co.;
(convertible)
company's
notes
Hughes
Co.;
El
finance
extensions,
Corp.
first mortgage 3 'r
bonds,
Purpose, refunding ($1,120,000),'
($80,000).
Sold
privately to
insurance
•
&
Inc.
Works
-
(Issues Maturing
57r-
&
Service
Stone
MISCELLANEOUS
*$667,000
by
due Sept. 1. 1978.
-
MANUFACTURING
5-year
Jackson
Anderson;
Purpose,
ties
E.)
(F,
Republic
Blair
and
Singer.
cumulative
V
1,'.
;
Central
Robert
Inc.;
Leonard &
6,600,000 Public
^
-
Co.,
Webber,
William
etc.
Forgan 8c Co.;
Janney & Co.; A. E. Masten & Co.;
Lynch; Parrish & Co.; Schmidt, Poolo
81 Scribner;
Spulec, Yeatman $5
Inc. and Warren W.'York & Co., Inc.
Co.,
■
"
Up to and Including Five Years) ;
and
Inc.;
Eastman,! Dillon
&
stock
(
Allyn
stock
common
additions,
preferred
Clark
Co.;
4,725,000 San
Short-Term Bonds and Notes
$8).
share.
ipar
Price,
Yarnall
ance
'
•*
C.
of
loans,
by .Glore,
Paine,
Inc.;
Phillips
& .Co.;
Moore,
corporate
purposes.
Placed
through F. Eberstadt 8c Co.
i
shares
bank
Offered
A.
Raflfmsperpor.
W.
&
•
Oct.
Co.,
Co.;
Sons
equipment
Ellis
&
insurance companies
$45,135,000
8c
Inc.;
Caldwell,
White,
due
stock
common
Buckley Securities Corp.; Blair F. Claybaugh & Co.; De Haven & Townsend, Crouter 8c Bodine;
Elkins, Morris &' Co.; Graham, Parsons & Co.; Green,
,
notes
Co..
Inc.;
(Sinking fund
Purpose, expansion.
Placed
Inc., '3%^
Talcott,
stock
common
(Boenning & Co.;
u
*2,500,000 (James)
of
141.490
retire
share.
per
nolds
4(473:
10-year
of
8c Co,: T. c/ Henderson &
R. Olson Co., *nd Irving J, Rice 8c
Co., Inc.
E.
construction,
Offered by Fidel'ty
int.
shares
stock (par-$100).
Purpose, purchase
facilities
as
of
construction
part
$100 per share and dividends.
Offered
by Drexel & Co.; The First Boston Corp;; Kidder, Peabody
8c Co.; Lehman Brothers; Merrill
Lynch, Pierce, Fenner &
Purpose,
and
par
&
debentures
Inc.,
1968.
Securities
mortgage
finance
8c
&
Co.:
new
T"-
"
,'
Co.
Purpose,
program.
and
through Blyth
shares
27.441
6,300,000 Pennsylvania Power & Light
100,0c
1963,
1,
Co.
stock¬
investment
subscriptions.
Co. (Inc.); Piper, Jaffray & Hopwood; J. M. Dain & Co.;
Graham, Parsons & Co.; Straus & Blosser; Woodard-
W.
Placed pri¬
Insurance
common
program.
by
selected
and
soliciting
28,500
of
subscription
Bingham, Sneidyii
Sept/
due
Corp.
in
Corp.
Power
Baird
8c
due.
computed at their offering prices.)
*1,200,000 Richmond
series A.
Co.
D.
1
from
$967,000
Service
Tail
$18.75
cumulative
capital,;
Mutual
'■
debentures
.
Co.
S5).
Co.;
noic
Boston
agents
shares
construction
for
Elwood
'
'
■
Squankum
First
as
finance
Offered
&
Co.; First Securities Co. of Chicago; E. M.
& Co.; Allison-Williams Co.; Mason, Moran &
Co.;
Peters, Writer 8c Christensen, Inc.; Stix 8c Co.; Wheelock
8c Cummins, Inc.; Harold E.
Wood & Co.; Burns, Potter
& Co., Inc.;
Holiy, Dayton & Gernon; Mullaney, Wells
privately!
notes
McCourtney-Brcckenridge
1,223,000
Adams
privately to three
\
•.
Corp.
dVz'/c.
Inc.,
bank
Massachusetts
Life
Co., Inc.
W-.
7,000,000 Public
7
.
.
notes due
purpofes. • Sold
of New York,
Inc.
expenditures.
Price, $27.50
per
subscription by common stockholders.
Milwaukee
•
Co.
dividend.
capital
for
Rollins
J Purpose,
Purpose,
vately
Phelps Fenn 8c Co.;
Pressprich
8c
Co.;
William
Blair
&
Co.;
Alex.
Brown & Sons;
First of Michigan Corp; Tho Milwaukee
Co. and Whiting, Weeks 8c
Stubbs.
R.
Edison
Otter
W.
privately
'7
Corpt
*2,500,000 Sprouse-Reitz
Salomon
Co.,
Inc.;
Strau-;s & Co.; Stubbs, Smith
&
Lombardo, Inc.; Thomas & Co.;
VanAlstyne, Noel ic Co.;
II.
C
Wainwright &
Co.;
Watling, lerchen
&
Co.;
Wheelock 8c Cummins, Inc. and
Yarnall :8c Co,;
Stokes
v
through Lehman
and
share
per
and
Purpose,
Telephone
Price,
Placed
'
8c
Walter
2,652.938
&
Brbs. & Hutzler;
Schoellkopf.
Pomeroy, Inc.; Scott, Horner '& Mason, Inc.;
Scott &
Stringfellow; Seasongood & Mayer; Shaughnessv
& Co.,
Inc.; Frank C. Shaughnessy &
Co.;, Sills, Miptoii
&
Co., Inc.; Smith, Moore & Co.; Stern Brothers 8c
Co.;
Stern, Frame 8c
Meyer;.. Stifel,' Nicolaus &
Hutton
Co.
$48
Co.,
share.
The
acted
Offered
corporate purposes.
Placedr privately
With an institutional investor throtigh Dominick & .Dom¬
inick and Clark, Dodge & Co.
Roger
S,. Palmer Co.; Patterson, Copeland & Kendall, Inc.;
Peters, Writer & Christensen, Inc.;
B.
W. Pizzini 8c
Co., Inc.; Wm. iE. Pollack & Co,, Inc.;
Raffensperger, Hughes & Co. Inc.; Rambo, Close 8c
Kerner,
Inc.; Rand & Co.; Reinboldt
&'Gardncr; Reynolds & Co.;
Julius A. Ripuci,
Inc.; Rotan, Mosle and Moreland; L. F.
per
.Purpose,
.
3%'r debenacquire equipment
to
Trader
&
pari.
750,228 Ohio
V
corporate
Mutual'Life Tnsiu'-ance
Loan
Co.;
Webber, Jackson 8c Curtis; Stone &
Corp.;
A.
C,
A1 yn *and
Co.,
Inc.;
System;
$10
Beane;
1,
National
O'Gara
Purpose,
*3,000,003 Schlumberger
Co.;
Johnson, Lane, Space and Co.,
Inc.; John B. Jcyee & Co.;
Kaiser & Co.;
Kean, Taylor & Co.; .Ketcham & Nongard;
A. M, Kiclder & Co.;
Johw Kovmcncli^Co.; Lnwsorj.
Levy &
Williams; Carl M. Locb, Rlioades &
Co.; D. A. Lomasney
& Co.; Mac kali
&
Coe; Martin,, Burns 8c Corbett, Inc.;
Marx & Co.;
Mason-Hagan, Inc.; Mason, Moran & Co.;
McMaster Hutchinson &
Co.; Wm, J. Mericka 8c Co.
Inc.;
■J
1,
Offered
trust
Purpo-iC,
,
Anderson;
E.
Detroit
of
1950-July
115,000 Physicians 8c Surgeons Apothecary .& Surgical Supply Co.,
Inc., 6'A
convertible debentures due Oct. 1, 1958.
Furpose,
corporate purposes.
Price, 100 and int.
Offered
by Marx
Co.
"
&
Herrick,
Company;
'
.-
collateral
I. 1956.
Purpose; expansion;
insurance companies.
'
Co.;
Gregory & Son, Inc.; Grimm & Co.;
& Co.;
Hallowed, Sulzberger & Co.;' Harl'ey,
Co., Inc ; Harrison & Co.; Ira
Haupt & Co.;
Wadded
&
Reed, Inc.; Hill & Co.; Hirsch &
■
Sept;
Co.;
Haas
Hayden
to
Liberty
Dreyfus & Co.; Clement A. Evans
Co., Inc.; Fauset, Steele & Co.; Foster &
Marshall;
M. M. Freeman &
Co., Inc.; Grande & Co., Inc.; Green,
&
1363.
Fruehauf
Prudential" Insurance
-
1)50-1954.
&
Ellis
1.
from
California
Co.;iFirst
(par $10).
Purpose, expansion.
Price, par.
Offered for
•subscription by stockholders.
Unsubscribed shares offered
by Florida Securities Co.
(Julius)
Garfinkel
&
Co., Inc., 3.054
loan.
Purpose,
refunding ($2,718,819); repay short-term loans and in¬
crease
working
capital
($1,081,181),
Placed
jjrivalely
with
Co.;
Broome 8c Co.," Burnham and
Co.; Burr & Co.,
Inc.; By id Brothers;
Lge. W. Carroll & Co.; City Securities
Corp.; Richard W. Clarke Corp.; Clayton Securities
Corp.;
Cohu & Co.; C. C.
Codings & Co., Inc.; S. K. Cunningham
&
Co., Inc.; Henry Dahlberg & Co.; R. L. Day & Co.;
Charles H. Drew
Jan. "1,
101 and int.
V
*2,000,000 Interstate Securities Co. 3(a'J
Stockton
DeHaven
Price,
Inc..
companies
Lerchen & Co.
Watling,
S/
&
Sales,
duo Sept.
turCij,
.
■
Gas
(no
Kalimtn
Trailer
instalment
,
Co.; A. E. Aub & Co.;
Bache & Co.; Ball, Burge &
Krc-us; Barret,. Fitch & Co.,
Inc.; J. Barth
Co.; George K. Baum & Co.; Blair 8c
Co., Inc.; J. C. Bradford & Co.; Branch, Cabell &
•
Fruehauf
*3,600,005
and
coupon
,
with .insurance
&
Jones
(par
.
Electric
Arnhold
D.
Price,
ccnstr.uc-
Lutheran Church
bonds due
MISCELLANEOUS
short-
Allyn
Purpose,
C. Zeigier & Co.
by B.
,f>
$30 009,000
Co. first and
refunding mortgage
bonds, series, R, 3(«'f, due June 1, '1982.
Purpose, retire
b$nk leans and 'finance construction
program.
' Price,
100.517 and int.
Offered by Haisey Stuart & Co.
Inc.;
Allison-Williams Co.; A. C.
Allyn and Co., Inc.;'American
Securities Corp.;
Amott, Baker 8c Co.. Inc.; Anderson-&
Sfrttdwick;
■
■
sinking
repay
Inc.
75,009,000 Pacific
•
.
Paine,
stock
Co.
Clarcy, Inc.
mortgage serial
Purpose, construction.
'
privately
-
Co.,
4(478'
10-year
195S.
'
■
„
Public
debentures due Sept.
term
•
Refsnes,
Shuinan,• Agnew
Co.;,
Co.
12,230.000 Columbia
$350,0(50
rf
,-
-
*1,300,000 Northwestern
fund
Service
Co.
first 'mortgage
bonds,
Purpose, pay judgment against
privately through A. C. Ailyn & Co.,
due
Placed
company.
'•7
1950-1958.
1.
Drive Faith Evangelical
first
T.)(i3,
<
.
June
Offered by Keenan &
Outer
,3(2'!
&
30.000 sharps of $2.50 cumu¬
path'a Purpose, finance con¬
(no
Price,
Securities
holders.
Wis., 3'/ -3(44' -3'44
Wausau,
serially
Co.
stock
BUILDINGS, ETC.
Name Parish,
notes
Co.,
Wil¬
Calif.;
Republic Co. (Inc.);
Hornblower 8c Weeks; Lee'
Higginson Corp.; Paul H. Davis & Co.; The Milwaukee Co.;
Trust Co.
of Lincoln,
Neb.: Bosworth, Sullivan &
Co.; Erush, Slocumb 8c Co.; Carter H. Harrison & Co.;
&;
Life
Insurance
Gas
&
program.
by
285,000 Florida
$150,000
Anthony &
Co.; Union Securities Corp.; G. H. Walker. &
Co.; Watling,
Lerchen 8c Co.; White, Weld &
Co., and Whiting, Weeks
7
Electric
Edward
of
Co.;
&
Bros.
Central
dealers
&
of
and
First
Sun
Co.;
Canada; Travelers Insurance
New York; New England Mutual
and
LAND,
Co.
Fenner
Witter
Dean
Allyn
.Central
...
Philadelphia through Morgan Stanley 8c Co.
Murch
C.
& Kraus; A. G. Edwards
& Co.; Estabrook &
McCbrmick
&
Co.;
Webster
"1^
due
of
of
Co.
Insurance
of
of
Northwestern
Assurance
Pacific
Burge
behwabuchor
Co.;
lative preferred
..
1968.
Insurance
Pierce,
Corp.;
A.
Pasadena
Corp.;
Smith,
Sutro & Co.; Henry Dahlberg 8c Co.; Davis,
Skaggs 8c Co.; Grimm 8c Co., and Wesley Hall & Co.
Merrill,
H.
6c
Elworthy
Kebbon,
Purpose, development of oil properties in
Hemisphere.
Sold privately to Metropolitan Life
Insurance iCo.; New York Life Insurance Co.;
Prudential
Life
(Inc.);
Moore &'Co.;
Western
u
Co.;
&
Lynch,
Securities
Co.; Walstpn,
Hoffman & Goodwin; Boswortn, Sullilivan 8c Co.; Butchey & Shcrreyd; Crowell, Wecdon 8c Co.;
Placed privately with Pacific Mutual
Insurance
Caribbean
1,
Merrill
Cook
Ball,
shares of
construction
repay
Hill Richard:. & Co.; The Milwaukee Co.;
Beck
com¬
&
Offered
(Inc.);
Inc.-;
Co.
Staats Co.;
Staats;
of
Offered by The First Boston
Republic
Newhard,
.
R.
& Sons;
through
"•
Winston & Co. '
f
Langley &
Corp.; Lehman
Maynard
Inc.;
liam
R.
Bros.
shares
300,000
Co.
Purpose),
share.
Webster
&
12,467
Power
&
par).
Co.;
Co.;'Central
OIL
McDonald-Moore &
Fencer
Moseley
S.
&
Beane; Stone
8c
New
refunding
Blyth
8c
$55,610,000
hazard Freres & Co.; Lee Higginson
Brothers; S. R. Livingstone 8c Co.; MacNaughton-Ctroenawalt & Co.:
Corp.;
bonds-
Mason
Co.
Purpose, expansion.
Price, $23
subscription by stockholders.
)
for
per
William
Co.;
&
and
Telephone
(110
$11
&
Witter
Light
stock
40.000
shares
of
dividend
convertible
etc.
Price, $28
Co., Inc.; Central Re¬
Co.
$1.40
Goodwin
$25).|
Price,
shares
expansion,
Blyth
by
Offered
'
*.
expansion program.
for
subscription by
taken up by
underwriters
see
under
pre¬
stock,
8c
&
Arizona
common
Milling Co. 15-year note due 1963.
Pur.increase
working
capital.
Sold
privately - to
Life
Mutual
C.
Co.;
of
Central
Shares of common
finance
Offered
117,3601
Telephone
Dean
(par
Price, 100 and
Inc.
instalment
Purpose,
($250,000).
to
pose,
Noycs 8c Co.; J. J. B.
Weeks; W. E. Hutton &c
Peabody & Co.;
Kirk-
&
Kidder,
Co.
stock
Co.
&
33,730
Co.
Purpose,
Water
share.
Co. Inc.; Ritcr &
Rothschild & Co.;
& Co.; Harold E.
Walker
H.
of
&
(Inc.);
loans.
serial 4 ¥2'* -5$
& Co.,
y/3,300,000
'
Corp. 10-year 4%
note.^ Purpose,capital additions, etc.
Placed privately,
4,/a$-
list
Offered
Co.
California
per
Kinder,
through
Co.,
G.
Light
$25).
share.
Inc.;
J. M.
Lemon
above).
Water
(par
mon
Barium
Corp., Ltd.,
1,
1950-1963.
(for.
issue
Co.
Co.;; Kdrkpatrick-Pottis Co.;
Marks & Co.; Merrill Lynch,
The Milwaukee Co.; Piper, Jaf-
Purpose,
Walsfcon, ;Hoffman
286,741
retire bank loans.
Insurance
$1).
stock
public
Russell-Miller
I,
,
Hemphill,
Hornblower
Illinois
8-■
sa-ns
Hall
Insurance
TP. Casse.l
&
preferred
per
serially
Co.
first .mortgage
Purpose,
(par
struction
Co.;' Estabrock & Co."; The
of
Michigan
Corp.;' Folger,
Harris.
Hayden,
;
Co.; Dominick 8c Dominick; Drexol
Dillon
Nolan Inc.; Glore, Forgan & Co.-: .Oelpwi"
Harriman Ripley 8c Co., Inc.;
Co.;
*5,000,000
■4-
Campbell, McCart.y & Co., Inc.;
(Inc.i; Clark, Dodge 8c Co.; Julien
Collins 8c Co.; Crouse 8:
&
Allyn &
p.
Co.
(Inc.);
Co.; Johnston,
Woodard-Elwood
and
Power
'cumulative
:Insurance Co.
Life
Telegraph Co. (parent).
Price, 102'A ahd
int.
Offered by Morgan Stanley 8c Co.; Robert W. Baird
& Co., Inc.; AG. Beckev &
Co., Inc.; Blvth & Co., Inc.;
8c
Ervin
Cove
struction
8c
Brown
duo
note
,
repay hank loan,
with
Mutual
Life
*1,000,009 Purex
Telephone to,
40-year 3Vh'Adebentures
1988/ Purpose, repay advances to American
15,
Iowa,
corporate purposes.
Assurance Society of the
Co.
&
Co.
Hills
ferred
general
Equitable Securities Corp. and Rowles,
Bell
Oct.
Alex.
.
Oct.
75,000,000 Michigan
.
A.
&
Co.;
series
Life
Sachs
Life
&
Black
&
Co,
shares
for
of
common
Price,
etc.
$8.50
subscription
shares
offered
Bosworth, Sullivan
at
&
to
by
$8?
Co.
Co.
Light
Co.
102,000
shares
of
common
Purpose, finance construction program.
shares; $23% for 13,654 shares.
88.346
subscription
Unsubscribed
•
expan¬
M.
Beane;
Staats
1,000.000 California
3;4'4
Co.
Offered by C.
Magnet
:
r
of
Offered
cf
R.
5.407*
of
Purpose,
Republic
Parsons' &
Peabody
&
shares
$100).
Offered by Dillon, Read &
Co.;
Central
Laurence
underwriters,
Continental
Co.
!Co,;
Fenner
5,600
Co.
(par
Price,
$15.25 .per
share; "
(stockholders; unsubscribed
Jackson
Corp.
first mortgage bonds, 412^
series
Purpose, repay balrk notes, pay balance
equipment, additions, etc.
Price, 103
purchase
Insurance
&
stock
594,383
Provident
sinking fund debentures due
($2,000,000);
working capital
Placed, privately with .institutional invesior.v
1951-1955.
due
i
Co.
due July 1, 1978.
'■v.
Henderson
110,000
''
pur¬
1
5,000 000 Interstate
3c
Peabody
bonds,
corporate,
Co.;
promissory
Purpose,
New York
including
,.i-\
Co., Inc.
•
*2,250,000 Illinois
Union
J
Co.;;
Purpose* refunding
($1,500,000).
May
Placed
3%
Inc.,
Products
1963.
Co.
Shell
Insurance
Life
through Goldman,
Mil¬
*3,500,000
Water
Life
Equitable
Co.,
„
bonds,
series
A
3% 78,
capitalize expenditures.
and
privately to Equitable
States
waukee.
*1,250,000 Illinois ."Cities
Trust
Insurance
Co.;
Graham,
Co.;'Kidder,
Wood
of the
Pacific Mutual
Life
&
Co.;
William
Society
Co.;
Benefit
Light
stock
fray & Hopwood; Rauscher, Pierce &
Co.; E. H. Rollins & Sons Inc.; L. F.
Life
Metropolitan
Yantis & Co., Inc.
1951-1963.
1,
Sold
pri¬
of
Insurance
Mutual
Mutual
through F. S.
Wis.;
with
Assurance
&
A'lisori-Williams
&
Pierce,
^
.
Massachusetts
"mortgage
expansion.
Co.;
Co.
&
Life
Life
Mutual
Pension
Union
Sept.
first
Inc.;
Loewi
Sivalls & Bryson, Inc., "iVi'lr promissory notes due
Aug. T, 1908.
Purpose, retire, bank debt, working capital.
Placed
privately with Metropolitan Life Insurance. Co.;
of
Appleton,
Loeb
Equitable
Power
preferred
Price, par and dividends.
Co.
MANUFACTURING
'
Memos,
Z
sion.
Black,
privately to
Waits'au,
Co.
of
Co.;
insurance
Shell
debentures.
Sold
Insurance
Lutherans
Inc., "3(4series
Co.,
Purpose,
for
fund
Kuhn,
by
Insurance
Trust.
sinking
expansion.
i
Hills
cumulative
-n/
by.
sinking fund debentures due
Purpoic, increase working capital.
Placed
1968.
1,
i)rivateiy
*3,000,000
!
4%
Inc.,
Onercd
Co. 20-year;3Va7"
Armour &
Sept.
'*
UTILITIES
Co.,
int.
■
INDUSTRIAL AND
OTHER
,
*$40,000,000
$62,407,000
At izon.v
and
Dain
Co., inc. and Strader, Taylor & Co.
"$1,500,000
-
101.83
&
3 () %,
Pollock
E.
'
Co.
Price,
500.000 Black
-first mortgage sink¬
Purpose, pay bank'
1968.
1,
Boettcher
1, 1973.
Purpose, pay short-term notes, capital
expenditures, etc.
Price, 100.50 and int.
Offered by
Shields
.Is Co.;- Equitable Secur. Corp.;
Harris, Hall 8c
Co.
(Inc.);
Paine,
Webber, Jackson & Curtis;
E.
II.
Rollins
&
Sons,
Inc.; William Blair & ;Co.; . Francis I,
dit
Pont
&
Co.;
Granbery,
Mnrache & Co.r Emanuel,
&
Sept.
$182,325,000
Oct.
Deetjen
Ohio
The
-
due
bonds
extensions, etc*
'
,
9,500,000 Virginian Rv.
l'und
ing
notes
Co, -3%^
Reserve Telephone
Western
373
mtge.
gen.
1973.
Pressprielv
due
Canal
&
Purpose, 'refunding.
Awarded to Salo¬
& Hutzler;
Dick & Merxe-Smifli -and R. W.
& Co. on a bid of 98.7083 and placed pri¬
'
v
'
bonds, due
mon
RR.
Jersey
by
(13,654)
''Represents issues placed privately.
stockholders
shares
at
offered
at
$21.50
per-
$23%. per
;
Volume* 168
Number
share
Co.;
The
by
Alex.
4753
COMMERCIAL
Johnston, Lemon &
Sons; Auchineloss, Parker & Redpath;
First
Brown
THE
&
Corp.;
Boston
100,000
Barton-Mansfield
lirst
Foiger, ivoiah, "ino.; ^ouowyn as Ul,.s; Mackall •& Coe;
Robinson, Rohrbaugh & Lukens and Robert C. Jones & Co.
i
STEEL,
COAL,
Mountain
Coal
€o.
shares
6,093
capital
of
mar
ylO).. Purpose, general improvements.
Price,
share.
Offered for subscription by stockholders.
*
"1
*
OTHER
'•■'$682,500
•
Mills,
corporate
pose,
privately
to
shares
Price,
purposes.
iour
company s
or
1,203,200
capital
of
18,800
$19.50
Pur¬
share.
per
Sold
par).
executives,
-
250,000 Berry
Motors,
vertible
*
-
ing
Inc.,
class B
-capital.
shares of 5%
25,000
preferred stock
Price,
Offered
par.
Underwritten
stockholders..
cumulative
(par $10).
by
Purpose,
for
1,469,218
sit.
(par
etc.
$2
,
Co.
share.
stock
ing
Inc.,
Purpose,
Offered
by
20,000
working
John
shares
capital.
Nickerson
&
of
■
363,064
shares
46,077
of
.823,1,89 Lea
Soya
Price,
■ »
Ofrered by
par.
share.
per
4stock
by
129,000
cumu¬
shares
Rubber
$1).
Corp.
Purpose,
subscribed
114,483
plant
shares
of
Price,
t340,000
par.
fori;
226,125
Purex
Corp.,
Purpose,
Ltd.,
Purpose,
f
of
share.
'
5,620
shares
development.
Eastman
Co.
&
$11.25
Price,
and
of
Bait.
Price, $64
Baltimore & Ohio RR.—Resumes Preferred Dividend—
per
&
&
'
A.
€.)
(G.
by
Blyth
shares
of
share.
17,384
shares
by
of
and
&
shares
106,250
■
of
Inc.,
32,920
Price, '$16
6,000
shares
shares
v
.
'
share;
per
&
$31%
Linen
Offered
share.
per
(par
stock
292,125
by
selling
yV/V.....
-
agents.
New
by
com-i
stock
by
297,000 Sightmaster
;
a25c).,
$3
240.300
(par
: •:
share.
Southern
'
Corp.
Purpose,
per
99,000
Oxygen,
S25).
shares
of
stock
common
Air
Inc.,
Purpose,
9,612
shares
expansion,
of
(par
working
of
volume,
y
per share.
Offered for subscription
Unsubscribed (126) shares purchased
E.
(par $1).
stock
common
by
F.
S.
17,000
Evans
Co.
&
Co.,
8,200
$35%
25c).
*
Cable
$1
■
class
•
shares
plant,
Offered
Co.
B
,yv
of
capital
stock
(par
machinery,
purchase
etc.
175,000
shares
(par
$2.25
stock
mon
ing
capital,
Simonds
Oil
lc).
shares
Co.,
Inc.,
300,000
shares
of
etc.
stock
common
Price,
$1
per
'-7
(par
share.
per
•
corporate
Offered
A
of
E.
&
'
■
$25
Rollins
6c
George
Employees' Credit
(par
Corp.
Eureka
Canadian
par
Frice,
$7.50
stock
$2
and
share
and
Inc.;
per
Biort-n
Sons,
by
20,000
by
States
1
294,000
W.
options
A.
of
class
A
United
.shares
Purpose,
of
capital
mine
stock
March
States
1,
1949.
stockholders
for
and
Films,
ferred stock
public
.1
2,493.750
Inc;,
49,000 shares of 35c cumulative pre¬
(par $5) and 19,000 shaies cf common stock
of
:
810);
(par
Price, $20 per share.
out underwriting.
Co.
per
to
; • V ;
$56,280,000 Federal
and
18.000
&
refunding.
poac,
;
Now
dated
York,
fiscal
Credit
Nov.
Co.;
stock
3,468,726
290,000
Price,
Aug.
1949.
Offered by Charles R.
par.
142,500
Dunn,
agent.
Co..' 35,000
V
7154.009
stock
,
;,y
.
1169,141
(no
pari.
Price,
Carl M. Loeb, Rhoades
American
Bank
(.par -$10);
Peabody
&
-
Note
$31,125
of
Co.,
Price,-$25.50
per
\;
share.
Offered
6,633
shares
share.
-
of
common
Offered
by
&
•
■
<
$4);
Inc.,
20,500
Price, '$21.50 per
Gardner; "Stifel. Nicolaus
Edward
D.
additional
an
to
begin
prices
advanced
in
rates
of
applied
increase
Nov.
on
are
44%;
are
to the
in
now
only
pay
now
Inter¬
freight rates
30.
and
the
that this
will
add
add
for
about
coal
increased
has
is
56
$4,000,000
Diesel
of
Higher prices
of
cost
Board
fuel
will
to
the
cents
road's
amount
to
studying
now
ton
per
annual
about
fuel
$1,000,000
steel—another
$1,236,000
principal item of railroad
the company's annual
ex¬
to
year
with
compared
the
current
the
steam
electric
other
ordered
for
locomotive
deliveries
year,
Diesel-electric unitsTor
road
have
been
freight
&
I.
H.
&
Josey
Co.;
Hutzler;
H.
M.
delivery
in
operation
it
completed
on
replaces.
1948,
40
1,500
In addition to 160 Dieseleight sleeping cars and 16
units,
included 5,636 hopper cars,
cars.
All of this equipment has been delivered
the Diesel units and the 16 passenger
cars, which are
passenger
of
except
&
Sr.
Co.;
&
Co.;
Co.;
&
Legg
&
Whiteside,
&
Carter H.
&
Inc.;
Co.;
•%•..
••
&c
Gross
Fixed
Int.
H.
R.
and
&
Co'.;
Co.;
Scott,
Wurts,
Stern,
Frank
Plate
&
Meyer,
Glass
Co.
Price,
$33
Co.;
Northwest
Marshall
&
&
and
Lester
Co.;
Net
&
F.
Hansen
shares
share.
of
by.
Swift
6c
Co,
by
&
share.
Gas
Cc.
Offered
by
California
$25).
Edison
par).
Morgan Stanley
Co.
Price, $29
10,000
Texas
(no
Co.,
&
West
Transmission
par).
Co.
6,000
&
Paper
&
par).
Price,
Co.
of
received
per
peabody •&
Of
common
Blyth
of
common
Offered
by Blyth
Fiber
Manufacturing
shares
share.
of
com¬
Offered
by
Co.
Yankee
Tile
avoid
to
Baker,
(par
$11.
Price, $5
per
5,489
37,834
43,815
$121,278
*$1,082,316
$1,089,540
7,510
113,784
27,714
49,292
51,594
446,110
466,238
$62,174 *$1,642,209
$595,588
*$271,932
road
far
possible
as
during the
Hutchins.—V.
H.
of
80,000
to
23
directors
and
the
168,
on
30
Nov.
certificates.
Bids
undue
preceding
its
for
proposed
the
issue
conflict
week,
with
other
according
Nov.
issues
coming
President
to
Curtiu
1898.
p.
Beech-Nut Packing Co.—40-Cent Extra
share
declared
16
extra
an
Dividend—
dividend
40
of
cents
per
usual
quarterly dividend of 40 cents per share on the
common
stock, par $10, both payable Dec. 27 to holders of record
Nov.
'29.
A similar extra
was
paid on Dec. 26, last year.—V. 168,
p. 1139.
Co.—Earnings—
1946
1945
$8,949,445
$8,208,718
1,200,975
1,853,996
1,273,039
1,165,755
depreciation-
299,746
253,890
.212,915
195,602
Prov. for Fed. tax. (est.)
343,000
Cr81,277
611,000
403,000
653,000
$639,456
$989,106
$523,363
320,614
291,640
291,640
Net
sales
inc.
before
for
Prov.
shares
of
Offered
1948
1947
,
billed—$14,440,254 $14,073,106
for
deprec.
contingencies
income
of
•
capital
value
share
per
and
133,760
$317,152
stock
outstanding
Earnings per share.—-
working
Whipple Jacobs,
$1.99
of
capital
reserves)
President,
$3.39
stock
was
of
as
265,300
$1.79
Sept.
30,
$1.19
1948
(excl.
$19.70.
said:
"Earnings
for the third quarter were the best
higher than in the third quarter of 1947.
"Without
share.
Nov.
trust
the
Guaranty Trust Co,, New York,
company's offices in Bangor, Me., as planned
postponed the time for opening bids to Nov. 30
the
The
from
equipment
offices
at
at
as
market
into
were
Co.-
$1,045,725
postponed
$2,160,000
than
Shares
shares
3,500
$44
*$1,120,149
1478.
has
company
be
contingency
Pulp
(no
1 677,932
$115,789
14 375,193
*$209,931
12,709
-——!—
will
Book
Virginia
1,545,875
4,114
163, p.
offering
Net
Co.
Inc.
stock
16,279,242
181,597
$1.40
Puce,
Offered by
Price, $23.75* per share.
1,560,966
°'$ 214,044
~_-
^
debs.__
A
income
Net
Gas
common-stock
stock
shares
share.
per
$1,858,352 $16,704,967 $17 ,098,851
9 Mos. End. Sept. 30—
(no
1947
1,894,002
Belden Manufacturing
129,672 shares of
slock
common
9 Mos
Gold¬
/
Electric
1948
30,373,169
29 ,996,169
175,652,009 179 ,227,807
Bangor & Aroostook RR.—Postpones Sale of Equips.—
.
Co.;
common*
Offered
Co.
preference
(par
series
"Loss.—V.
Bateman,
Henry
Wulff,
Co.)
19,448,675
income
charges
The
Co.;
17,300
per
common
Offered
Pierce, Fenner & Beane;
Weeclon &
Pacific
Maxwell,
of
share..
Coach
3,245,104
$1,849,441
—^
income
on
rather
shares
Baltimore
0'Brian>
Inc.;
per
Merrill Lynch,
Co., Inc.; Crowell,
per
revenues
Ncn-oper.
Co.;
Seais,
Co ;
George;
tKeiner,
75.000
&
purchase by the B. & O. of the
Webster Springs RR. Co. for $35,000.
19,362,478
Operating income
A.
•
$33.25
structure, if the ICC
the
3,389,983
expenses
originally.
Co.
$46,500,000.
Bodine;
Company,
&
•
..
&
&
financial
about
169,483
The
&
Walter
&
Croutcr
Harrison
Miller
Close
Price,
Brothers;
Sz
Operating
_3._^L-.
W.
Sc
its
is
1948—Month—1947
passengers
Operating
Morland;
Warren
Townsend,
approved
Takes'
Prescott, Haw-;
Morle
miles
Revenue
&
Farwoll; Chap¬
Co.;
Rotan,
the
equipment
,
Centralia
of
this
simplify
(Including
Lisle
Clement
Mackubin,
Newton
Inc.;
Inc.;
to
..
stock
Revenue
Rohr-
Brown,
Brothers;' E.
-Co.,
.
also
Period End. Sept. 30—
Metro-
Robinson,
O.
&
,
of
cost
Baltimore Transit Co.- -Earnings—
Co.;
Reinholdt
Co.;
Byrd
B.
"
Henry Herrman
Calif.;
Co.;
the
total
Territory, adjacent to this four-mile line in West Virginia is underlaid
with large coal deposits which are now
being suveyed for development.—V. 108, p. 2003.
&
Co.;
&
The
stockholders
entire
Bateman,
House
1949.
enable
The
Piper,
6c
will
expected
in
approves.
Co.;
Byliesby
Putnam
Jones
of
&
Kidder,
Kidder,
Jones
share.
&
Co.;
of
stock
common
Offered
Newhard,
by
i'
(no
Reinholdt
Cook
&
of
the
and
year
in conditions in the next 60 days earnings
at least $2,75 per share."—V. 168, p. 542.
change
any
by
Simonds & Co.
In
par).
2.
Timber
for
the
year
will be
Bell & Gossett Co.—Extra Dividend of 25 Cents—
Price, $66
'
-
•
Co.
2,000
share.
per
shares
Offered
of
by
common
Blyth &
stock
Co.,
'
'
The directors
share and
common
Co.;
Co.; I. M. Sicon & Co.; Merrill Lynch,
Pierce, Fenner & Beane.
shares
the
stock,
on
*
Represents
-/
.
-
issues placed
-
■
.
privately,
.
-
i Represents special offerings.
paid
in
—V.
167,
1948
p.
Nov., 15 declared
an
extra
-regular quarterly dividend of
both payable Dec.
extra distribution
$24,766,550,
'
service.
Co.
Anheuser-Busch.
(per
Co.
■
Clark
M.
Electric
Service
by
400,000
per
E.
RambD{
$25).
132,000 Weyerhaeuser
569.750
Co,;
Anthony
&
Cu.rtiss,
D.
Sherrerd;
Chace,
.
common
Co.
.&
&
Co., Inc.
mon
shares
■
..
&
Meeds;
Emorson
Lester
Gas
Southern
stock
! /
Portland ' Cement
&
Haven
(par .310)..
Public
&
Pur-
Issues Not Representing New Financing
.61 ,08.9,375 Alpha
De
Co.
Sachs
stock
consolidated
1,
'
$6,000,000
Prov.
1.65%
due
for
scheduled
increased cost
Equipment
Tyferle-Smith;'
Cook
Inc.;
Co.;
Edward
Co./
Mason,
dividend
.
Banks
to
the
on
White pointed out, however, that the
installation of more effi¬
facilities and equipment in th3 course of the
postwar improveprogram has effected many savings.
For instance, the railroad's
fleet of Diesel-electric locomotives is saving more than
h.p.
is
shares
■
1948,
1,
&
&
Fahcy,
Co.;
Co.;
7570.900 Pittsburgh
organisation.
public by company with-
;
.
_
have
that the railroads have
Commission
are
Material
year.
rates
increase
Mr. White reported.
An Emergency
demands of nonoperating employees.
The
Auchineloss, Parker & Redpath;
Southwest
&
Schwabaeher
Government Agency Issues
Intermediate
debentures,
^
'
_
Farm Loan
&
6c
$26.75
$2,224,180
&
by
Punv.se,
Offered
Inc.;
Co.;
&
(par
man,
Insurance
Bros.
Pacific
L.
■
Leith;
.fe
P.icifie
Eichler
Autoinobi'e
stock
prewar
a
Freight
Further
28%.
White.said that
year
Townsend, Dabney & Tyson; Boenning & Co.;
&
Dulles &
Blair
Corp.
Pioneer
common
Newhard,
Brooke," Stokes
First
Co.;
Lehman
direct by company.
360,000 Western
wage
During
Securities
Rhoades &
Ferris & Company;
Co.;
H.
Shepard
&
Horner
*
.
'fs
Dick
Loeb,
Cohu
Butcher
Co.,
Mitchell
Systems, Inc., 10,000 shares of common stock (par
50c i. Purpose, finance installations of radio and television
systems in hotels, .etc.
Price, $7 per shave.
Offered to
'
...
Tucker,
Corp.;
Bissell
Hannahs, Ballin & Lee;
United
Purpose, working capital, etc.
Price..$6
consisting of one share of each class.
Offered
1948,
a
by
subscrip-
other
equivalent
share
cient
common
Dominick
Honnold;
Robinson-Humphrey
Incorporated;
70,000 Radio
.
&
Co.;
Masten
stock
Securities
of
Peabody
Carl M.
Goodwin
Inc.;
Lukens;
Co.;
Burgess
($1
lOci.
unit,
Aetna
&
Laird,
The
&
E
Siix
development, etc.
Offered
is
per
Mr.
Drexel
Offered
Webster
Co.;
Edgar
common
consisting of five shares of capital
purchase three additional shares at
to
to
up
&
C.
CO.;
Louis* Co.;
Si
&
ley,
shares
$3.37
White estimated.
material—will
Pierce, Fenner
&
(Inc.);
Salomon
Company,
Marshall;
man
C.
residents.
Official
(par
107,357
unit
shares
Kidder,
Stone
Securities
MacDonald;
St.
Evans
Co.;
&
"We estimate these
This
year.
and
ment
share.
per
Co.;
Co.
Inc.;
Bond
Hivseh
Clucas
dividend;.
R.
currency).
per
share
per
tion
'
.
(Inc.);
Johnson
Ltd.,
&
Inc.;
Murch' &
Co.;
baugh '-Ss
$2).
Corp.,
250.000
Brothers
Hopwood;
is
Gardner;
Purpose,
general
corporate
purposes.
Price, &1.75 per share.
Offered by E. H. Rollins &
Sons,
Inc.; Bioren & Co.; Boenning & Co.;
George R. Cooley
& Co.,
Inc.; W. C. Gibson & Co., and
Taussig, Day &
Company, Inc.
805,180
Stern
H.
<Si
Co.;
&
general
Cooley & .Co, Inc.;
Co., and Taussig, Day & Company, Inc.
6c
stock
Price,
H.
Co.;
Sachs
Sons
American
politan
share.
loan,
repay
•
6,
stock
common
Offered
Merrill Lynch,
Republic
G. Edwards & Sons;
&
.V
Purpose,
pan.
purposes.
by
Boenning
Gibson
(no
this
Increased
annually.
.
,
1939,
higher.
only
then added
He
Mr.
bill.
common
'
$500,000 Employees Credit Corp. 20,000 shares $1.50
prior preferred7
series
Corp.;
Edwards,
Stroud &
A.
development,
by Si B. Cantor Co.
stock,
Co.
$34.25
Hall & Co.-uInc.);
Eichtcr
-
MISCELLANEOUS
195,009
Co.;
Co.
Co.
Purpose,
Offered
:
J.
Burke &
Britton
'•
R.
Jaffray
OIL
'7
for
stock
Passenger fare Increases this year will
revenue
annually, based on the present volume
compensation for handling U. S. mail will add
approximately $1,000,000 to B. & O. mail revenue in 1948.
3
a
com-
$4,106,085
$300,000
par¬
taxes—now
At
the meeting,
the stockholders approved the taking into direct
ownership of twi B, & O
subsidiaries—the Baltimore 6c Ohio &c
Chicago RR. Co. and the Baltimore & Ohio Southwestern RR. Co. Thi;/
Company;
Maynard
purchase of machines, •work¬
per share.
Offered by Baker,
$5
income
White explained.
preferred
since
100%
hearings
the
•:.
Price,
&
Central
Purpose,
Price,
etc.
&
Mr.
Federal
Partially offsetting this additional Income are wage increases granted
conductors, trainmen, engineers, firemen and switchmen, effective Oct.
(par
Moscley
of
$6.25
Inc.
share.
per
Electric
$201.
Rollins
Harris,
$2).
v
(par 8lt.
November
possible
early
Co.;
share.
per
that
with
net,
some
cumulative
stock
Price,
earnings, is
net
added
He
additional
some
Dom-
&
6%
of
common
plant.
100,000 Yankee Fiber Tile Manufacturing Co. 20,000 shares of
;
:
by Sterling, Grace & Co.
preference
Purpose, build and equip
O'lered by Carr &* Co.
*
'>"...•
Chemical
convertible
_
94,000
move
share:
per
393,750. Trenton
.
Corp.
Purpose,
Price,
told the stockholders on
This, he said, is $12,836,113
1947.
&
■■
,
.Standard
of
inick; W. C. Langley & Co.; F. S. Moseley & Co.; Shields
Lemon
*
94,000
Gas
Boston
Goldman,
II.
com¬
first ten
$2,800,000
Mr.
shares
75%
about
'big
(par
Corp.;
the
the
President,
$11,000,000
the
on
traffic.
of
''■
.
First
Beane;
capital.
Price,
by. stockholders.
$25
& Co.
The
enable
for
increases.
wage
on
roundly
fares
that
add
y'y
'
stock
common
by Johnston,
■
stock
'
would
$19,043,131
meeting.
period
produce
drain
Commerce
and
McKelvy & Co.
(approximately),
A.
Brake
Price,
8,562,500 Oklahoma
(par
expand manufacturing facilities.
Price;
by William E. Burnside & Co., Inc.
Offered
White,
of
The -Interstate Commerce Commission decision
of Aug. 21 granting
permanent increases in freight rates should give this
company $71,000,000 additional gross .revenue
annually on the basis of the 1948 traffic
.
-
matters
wage
income
annual
same
should
be
than
this
'
Co.
net
penditure.
par).
''■&
as
the
retroactive
share
about
more
state
Hallgarten
;
Offered
Corp.
Price
Clement
York
(no
(par $5),
Olfered
acting
will
per
aged
'
Offered
yy'%
/'
-
Service
$1).
by
i
^
1931.
describing the increased costs of railroad operations, Mr. White
said; "Increases in rates of pay for all railroad employees have aver¬
Co.
common
Offered
25,000 shares
.
Offered
122nd
for
serious
*
?•
thd preferred stock since
common."
Noyes
of
share.
per
Dodge
of
share.
per
'.:'
(par
their
by
passenger
with us."
Murphy Co. 8,000 shares of capital stock
National
at
than
offset
$4
Bacon,
stock
common
Weeks, and Clark,
Co-
stock
,
and
rate
running at the rate of 38'7
by
Co.
6s
Moore,
Mills
Price,
pending
December
tial
com¬
Offered
Co.,
share. * Off jred by Hemphill,
Parsons
$12.50).
(par
$42.50
15
greater
taxes
share.
6c
on
company earned a
months
of
1948, R. B.
"A
per
first payment on
The
&
common
Ofiered
the
to sustain its earnings.
Nov.
Allyn
on
Nov.
15
declared a dividend of $1 per share or
stock, payable Dec. 22, 1948, to holders of record Nov. 27
is
action
pany
stock
common
and
Co.
C.
53,109
Maxwell
Paper
$19).
(par $1).
share.
Offered
common
This
Roy B. White. President, said that future dividends would depend on
earnings and that he hoped the volume of business in the country
"V.
$21
Co.,.;!
&
~;x■
Funkhouser,
$7.50 per share.
1948.
In
Price,-$21.59
Price,
of
Olfered
per
directors
the preferred
(no'
Stock
Curtis.
Tool
Co.;
790,625 National Biscuit Co.
$2.80
i".;-'C;
The
.
•
per
Grabau-Buchman,
■
of
common
10,187
$21.75
Price,
pan.
Hornbtower &
Inc.
42,150 Remington Corp.
•
Price,
R.
*
20.100 shares of capital stock
construction.
by Blyth & Co.,
J.
'
•
stock
Price!
construction.
Co.
par ).
shares
Co.
Price,
Graham,
stock
Morris
&
common
common
82,209 shares taken by R.
President, at $2.55 per share.
t
of
(32,274 shares); $2.55 (82,209 shares)*
Offered for sub-;
scription by stockholders at $2.80 per share (32,274 shares
;
.
78,000
stock
William
Co.
and
$10).
Van Sickle,
25c),
Purpose, working capital.'
Kenneth Van Sickle, Inc.
(par
Offered by
(par
Inc.,
by
Offered by Emanuel, Dectjen
per
Of¬
Purpose, working capital.
Inc.
Kenneth
Soya- Products,
300,000 O'Sullivan
.
$29.50
Price, $15.25 per
Co.,
mon
...
Kansas
-
(no
49,S04
Pneumatic
(no
6c
-525,820 Manning,
improve
Production., Inc., 1,925 shares of $5
lative preferred stock-(par $95).
1
Corp.
Fabrics, * Inc.,
$5).
stock
common
common
Power
shares
share.
Jackson
Collins
Whipple
Inc.
and to
'.stock
$2.25
'
*
&
stock
Chemical
Webber,
J alien
General Corporation and
Investment News
.
Higginson Corp.
23,600
per
par).
Independent
capital
,
182,875 Kansas
"}
Lee
Inc.
Almy
(no
Paine,
&
Co.
of
Offered
Light
common
by
Price,
&
Stock
stock
Price,
Co.,
advance to subsidiary
shipping and storing facilities.
Price., $5
fered for subscription by stockholders.
97,500
shares
Co., Inc., and W'eeden Tfe'Co."
•.
Manufacturing Co. 100,000 shares of common
80cI... Purpose, acquisition of equipment, work¬
etc,
Price, $5 per share.
Offered by White
(par
230,385 TiC.M.y iiall Lamp
(par $5), Purpose,
••
$5).
221,567 Dewey
capital,
Co.
-
Helicopters,
$ll.
(par
500,000 Dynacycle
..
share.
of
Zellorbach
,
commort
share,
per
Co.
mon
per
,
of
15,000
Electric
Price, $9%
(par
.
,
plant, pay current accounts,
Offered by. Grubbs, Scott <&
to.erect
per
shares
149,750
cumulative
$100
Lanford, Inc.
Inc.
Doman-Frasie.
stock
j
Corp.
purpose,
Price,
Co.,
45,000
Candy
6','.
;
(Continued from page 2)
Gas
Motors,
Crown
by
125,000 Coffee Concentrate Corp. 125,000 shares of common stock.
Purpose, expansion of manufacturing facilities, etc. Price,
$1 per share.
Offered by Reich & Co.
299,500 Colonial
Inc.,
of
Price,
(2115)
and
work-
subscription
Gordon Weeks &
&
con¬
Crawford Sc
Offered
215,350 Crosley
.
shares
$100).
CHRONICLE
.
shares
share.
stock.
1,000
(par
Price, $9.50 per share.
Co.
Consolidated
MANUFACTURING
AND
35.000
Inc.,
$10 per
iSt'ftats
1
<
INDUSTRIAL
Rcaunit
stock
>,
Co.,
Records,
25c).
(par
ETC.
COPPER,
■
$60,930 Gauley
%
Capitol
-
IRON,
FINANCIAL
preferred 'stock
Offered by Hill,
142.500
$43,916,989
&
will
1358.
1
$1.15
per
per
share
to holders of record Nov.
of 15 cents was made
be
dividend of 25 cents
15 cents
share,
on
as
Jan. 2, this year.
against
30
cent's
per-
on
the
23.
An
The total,
in
1947.
8
(2116)
THE
Bell Telephone Co. of Pennsylvania—Earnings—
f»eriod End. Sept.
30—
$
$
$
$
revenues
Uncollectible oper. rev._
12,968,205
11,837,519
24,102
114,581,058
203,541
102,750,329
185,557
•Operating
revenues
■Operating
expenses
'Operating
taxes_
12,946,038
10,536,641
■Operating
22,167
The
in
•Net
operating
income
Net :after
p.
1,437,129
168,
J.
D.
and
Calamba
A.
1,021,504
B.
Spreckels
Estate
Sugar
operating
condition
5Q%
sold
13,804,995
13,297,474
9,583,198
1,461,073
1,001,609
charges
—V.
CHRONICLE
by
increased
Co.
shares
10,700
its
the
in
Calif.
its
at
fair
a
shares
9,963,748
this
!
holdings
months
ASSETS—Cash
price.
164,
accounts
$2,909,898;
Federal
income
1948
California Electric Power Co.—Definitive Bonds
Ready
Borne
Co.—Omits Semi-Annual Dividend—
Scrymser
Temporary first' mortgage bonds, 3%
C.
Thompson, Secretary,
15, stated: "Owing to the
31, 1948, the directors
company to omit the
Nov.
on
Wall
The company has been authorized by the Massachusetts
(Public
Utilities
to
issue
$23,000,000
3%
unsecured
dated
be
to
,will toe
sold
;Hancock
at
Nov.
Dean
and "$3,000,000 to
plant
to
go
additions
and
and
loans
The
issue
Inc.
;
$7,719,839
revenues—
Gross
rents
ry.
income-
oper.
>
54,807,910
48,841,987
6,037,077
2,336,913
petition
17,321
279,757
218,384
Judge
$310,204
$5,600,278
$4,203,562
"582,018
'Gross
income
58,786 1
$819,559
$368,990
__
288,140
271,918
—
193,754
198,012
-
_
iftentals, int., etc
'Contingent charges
707,154
$6,307,432
2,661,228
1,785,544
income
$337,665
"•.Deficit.—V.
168,
"$100,940
$1,887,611
$338,808
1795.
p.
for
•Net
profit
from
$3,408,279
$5,133,948
-96,514
profit
Jncome
before
the
73,004
i
in
in-
taxes
income
$4,112,581
$3,459,471
1,450,000
,
profit
District
Bell
the
$2,009,471
594,298
594,298
at Columbia,' S. C.,
bankruptcy under Section
South
court
of
the
Carolina
United
signed
States
$2,677,489
$3.38
$5.08
$4.51
92,928
146,969
122,892
the
order
court
company, N. Walter
H. Corry of Dillon.
Dillon,
S.
has
32,000
spindles.—V.
165,
of
directors
cash
have
and
stock
declared
a
10%
distribution
dividend
Jan.
Dec.
on
year-end
a
stock
on
10
1- to
to
dividend
the
on
holders
of
of
80
common,
holders tof
the
was
a
same
declared
as
ago.—V.
year
167,
in
1947.
record
record
stock
No
'"•
1691.
p.
'
lis
••
—
'
j}}
•
rf'jf,'"
21,731,323
$3,963,500 will be applied
cents
CONSTRUCTION
i
Nov.
25.
amount
estimated
$700,000
UHae greater
part
•construction of
loads
in
all
of
parts
of
and
substations
company's
existing.
now
CAPITALIZATION
1948
to
GIVING
to
serve
distribution
31, 1950
which ap¬
PRESENT
on
&
coll.
series
■Common
trust
due
stock
bonds—•
•
York
Newark,
1948—10 Mos.—1947
jjj
<J»
($25
—V.
stockholders
tions
in
the
and
board
of
AND
BUSINESS—Company
Was
incorporated
in
(©pgaged
jnumties
in
in
the
electric
light
and
business
power
854,896
•865,503
'
T"
"772,500
j
\
to
I__
624,082
southeastern: Massachusetts
also
and
sells
per
—$1,346,173
requirements
■=•164,000
11,647
20,137
stock__^.__
1947
*
the
of
The
Total
iaiao .owns
36.9%
of
Gas
the
&
Electric
outstanding
Co.
Eastern
common
Utilities
stock of
Fall
A
$1,421,984
$1,265,849
or
stock
The
business
rating electric
:tbe
City
of
Plymouth,
(border
energy
Brockton
Bristol
line
•standby
jpower
partment
of
integrated
lation of
to
Taunton
the
and
the
$1,257,985
480,000
'<
$2.46
$1,101,840
480,000
480,000
$2.62
all
v
the
It
also
furnishes
paid,
two
adjacent utility companies
Plymouth County Electric Co. and
to
registration
filed
Nov.
1,
such
The
288
square
miles,
Peabody &
•
dated
a
Co.—V. .168
'
*
—
Stock Issue
p.
168,
The
as
of
of
Room
2004.
*
of
offering of 319,916 shares made by the
its stockholders
pany
to
four
shares
Pursuant
Dec.
19,
of
prepay
to
1947,
held.
on
the
basis of
the
one
share for
I
:*
88,644
457,393
309.910
340.834
1,£79,000
29,000
3,925,000
$47,889
$1,145,827
.*
.
500,000
..
,
.
$2,569,628
$3,428,491
67,222
.i.
:
67,223
67,223
534.636
534,636
.!
594,040
"
$1,908,366
$2,648,421-'
-
67,222
.
712,848
.
at any
time
proceeds
$10,000,000,
-
"
part
any
1
bearing
interest
Br$553,970
to
is
the
application
!
its
$543,968
SEPT. 30,
common
be
not
—
f;
Invitation for Bids for
!
for
be
but
the purchase from it,
unissued shares of its
as
a
of
a
to
com¬
f
stock.
to corporation, at 20 North Wacker Drive,
111., prior to 11 a.m. (CST) "Nov. 18.—V. 168,
Century
Factors,
Inc.)
,1948
charges
taxes
1947
.240,000
_________
profit
.
1946
for
prepaid
$6,809,186;
$497,068
to
an
amount
exceed
to
it of
to
sale
St.
and
insurance
taxes.
Co., trustee,
Trust
&
Louis
$121,423;
total,
70 Broadway,
first collateral-trust
Division
sufficient to exhaust the
and
105
190,000
123,000
Cleveland
130,000
•
$225,2.73
$307,068
90,000
90,000
75,000
interest.—V.
166,
share
New
p.
mortgage
of $63,620,
sum
prices
at
1991.
$1.25
shrs. outstdg
share
.
of
Nov.
17
on.
a
and
$135,273
$232,068
$147,615
,198,440
198,825
198,700
dividend
regular
The
common
stock,
of
quarterly
both
Div.
60
cents
dividend
payable
Dec.
9
29.
brings
dividend
Subs.)—Earnings-
(&
3 Mos. End.
i
'
*
•
Sept. 30, '48
Profit and income before Fed.
Provision
100,000
$1.97
year-end
the
preferred
5%
the
record Nov.
declared
stock
common
share
a
holders
Co.—60£ Year-End
Graphite Bronze
on
the
on
for
Federal
$192,615
$1.13
$1.54
$1.92
'This
in
per
share
$221,880
taxes
164,587
65,891
$155,989
stock____
„
$0,37..
$0.21.
1947
$4,866,956
1,837,915
$3,029,041
$4.06
with a net profit of $723,635, or 96 cents per share
quarter in 1947.—V. 168, p. 2005.
compares
the third
i
capital
1948
$442,097
*$277,510
income
income
Earned
9 Mos. End. Sept. 30
taxes
45,000
$304,685
/
,_j
directors
The
$315,615
$394,685
surplus
com.
Hanover Bank
Central
the
Net
per
Co.
1945
$355,273
$634,685
Common dividends
Earns,
inventories,: $12,508,232; investment (net) in
(100% owned), $4,737r land, buildings, machinery,
depreciation, and .special'amortization of $11,-
$4,611,480;
reserve
Clinton Industries, Inc.
,
Balance
'
total payments in 1948 to $1.80
a
share, comparing with $2.50 a share in 1947 and $1.50 a share in
1946,
based on present
capitalization.
A year-end distribution of
$1.32 Mi a share was made on Dec. 11, last year.
While
earnings this year are expected to be substantially equal
with last year's, directors decided on a conservative dividend action
in view of the possible future need for enlarged working capital, it
was stated.—V.
168, p. 1142.
'
issuable
presented
9 Mos. End. Sept. 30—
Net
$4.54
1948
Cleveland Cincinnati Chicago & St. Louis Ry.—Tenders
The
not
'
after
(nei).
(after
bonds
Century Ribbon Mills, Inc.^—Earnings—
Com.
BALANCE SHEET,
237.616
-
Nil
LIABILITIES—Notes -payable-to
for
.:
authorized
shall
as
Chicago 6,
2158,
237,616
-
$5.26
«
$7.07
-
."York, N. Y., will, until 12.o'clock noon (EST), Nov. 26 receive tenders
states
,
inviting .bids
659,606
$5)
(Including
•
475,232
475,232
-
the
at
be .derived
to
2005.
:
stock (no par)
banks,^ $700,000; accounts payable
and
payroll,. $4,032,658;' accrued?taxes, etc., $423,105;
reserve
for
Federal taxes on incomej.$2t846v«9&; deferred income, $469,341; reserve
for possible future-invenboasyr p«?ice decline,
$1,000,000; 5% preferred
stock "(par value
$100),- $1,902;700;• common stock (par value $20),•
$9,993,520; earned surplus,.'$7,824,715; capital stock purchased for and
held
in-treasury—preferred, at par: 1,101, shares (acquired at cost
bf $108,660), $110,100, and common,-at-cost, 24,444 shares, $185,725,
Dr$295,825; total, $28,896,306.—V. 168, p. 2005.
Stockholders
Kf>y. 15. Public offering was
also V. 168, p. 1899.
~5,2(>r0"
:
$28,896,306.
provisions- of the original
issued its notes in an
t
com¬
rights expired
made at $15 a share.
See
res.
dividends
,383,463),
Central
p.
por¬
34^485
2,106,000
__
luchanan Land
proposed promissory notes, are^to bear
annum and are to be due Dec. 31,
South West Corp.
of
(par
shall
Federal
unsubscribed
248,337
450,214
532,840
—L_.
dividends
com.
ble
pursuant to acceptances
subscription offer to be made to the holders of the outstanding
the
shares
popu¬
Oversubscribed—An
the
1,654,036
296.047
2004.
p.
such
stock
departed.
represent
$7,852,892
1,914.433
560,847
.
37,499?
."
CONSOLIDATED
etc.
per
amount
of
corporation
whole,
mon
Profit
•each
2'/2%
amendment
Central &
offering of 173,814 shares of common stock (par $5) by
underwriting group headed by Harris, Hall & Co.
<2nc.) was heavily oversubscribed Nov. 16 underwriters
The shares
$2,602,539
■3,814,623
per annum.
$5,000,000
an
an
of
principal
214%
Bids
UNDERWRITER—Kidder,
tion of
banks. The
rate
Shares of Common Stock—
occasional
with
$9,815,976
t ASSETS—Cash in banks and on hand, $4,841,248; accounts receiv-
<
,
ihat; the issue
and sale of the $5,000,000 principal amount of promissory -notes w&3
approved by the P. 3. Commission-of New York by order dated Oct. 27,
the Lighting De¬
served is geographically
territory
190,016
..
______
Earnings per com. share V'
8
indebtedness.
An
141,000.
Bucyrus-Erie Co.
certain
the
facilities.
Lighting Plant and to
Hull.
approximately
.
$7,662,876
120,520
549,932
etc._"_-__
profit
.
statement-covering-303,33C shares of
1948—V. 168, p;-.1899. - • *
' " ;
few
well
as
4,260,015
____
inventory
Common
•
Elec-
a
,129,164
taxes-
•
by Central from the
proposed sale of the notes are to be used to apply to the cost of
construction, extension and improvement. of its: plant, property and
outstanding
service
of
of
of
The
consists of purchasing and gene¬
and selling it at retail in
neighboring towns in the Counties of
Norfolk.
the
Town
all
;
,1945
1946
$2,482,019
1047
■
$9,686,812
136,305
,
exps._
allowed
Preferred
(No. 7302) -filed with the SEC Nov. 10,
160,000 shares of common stock .(par $10) has been
Nov.
agreement
rate of
Associates
distributing
16
Municipal
covers
own
■
$2.75
'
share
Net
company
and
and
and
customers
service
to
of
at
1948.—V.
Blackstone, and Fall River
of Montaup Electric Co.
and
/
(& Subs.)—Earnings—
$10,914,777
selling
for
Prov.
;
was
on
and
aggregate
Light Co.- Fall River is a member of the
holding company system
England Electric System, a non-affiliated
holding company.
tCompany,
York
New
;t
164.000
$1,182,173'
subject to the right of Central to
1950,
appli¬
-uf New
capital
corporation's
under the company's retirement
1948
$10,778,472
30—
income
&
Surplus
new
stock
interest
com-
River
York
Connecticut.
New York,
Broadway,
Depreciation
•
covering
SEC
Central
Company
member of the holding company system of Eastern
which owns 97.41%
of
the outstanding
capital
company and 86.28%
of the
outstanding capital stock
Valley
New
greater
debentures due Jan. 1, 1977, may be
the Guaranty Trust Co. of New
N. Y.—V. 168, p. 940.
fund
sinking
140
profit
Interest
922,902
approved1 company's
proposal .' to "issue its
promissory notes prior to Dec. 31< 1948 in the principal amount of not
to
exceed $5,000,000,
pursuant,'to the provisions of an amendment
dated Aug. 17, 1948, to a loan agreement dated Dec.
19; >1947, between
company is a
Utilities
Associates,
3Blackstone
3%
Clark Equipment Co.
Discounts
Central New York Power Corp.—Loan
Approved;—
•
loan
stock
the
of
Manager
registration statement
and
common
ances.
of
the
nearby
for definitive debentures at.
9 Mos. End. Sept.
Admin.
$2,188,752
'V'164,000
_
common
168, p. 843.
'}. The
of Brock-
electric
of
218,376
to
507,247
$1,568,711
146,726
637,808
com.
in
in
and
divisions, who retires
168, p. 1900.
Miscellaneous .income-,..
$2,168,614
5,733-
outstdg."
personnel
field
Poughkeepsie
Regional
J.
trustee,
Gross
556,281.
$1,557,063
$1,978,247
,
Massa-
certain
in
pounds
revenue
pounds
formerly Assistant Vice-President and head of the
under the supervision of M. R. Sanborne, Vice-
Division
Temporary
1946
.'
and
as
was
and
N.
exchanged
5,103,466
.
Co.
is
total
a
-
directors thereof, subject to the restric¬
.
•
mortgage.
l&ISTORY
and
Co.—Earnings—
$1,983,981
shares
241,398 shs.
(OhusQtts March 22,1883 as Edison Electric
Illuminating Co.
top <and, in 1937, name was
changed to Brockton Edison
to
Cities Service Co.—Definitive Debentures Ready—
;
the
tine
138.873
shows
1947,
C&S
<jv.
Shs.
J978.series and bonds of any subsequently estabsf*"ies may be issued by the company-upon authorization by
•
Orleans
service
Corp.,
Spec, amort, of war facil.
income
Earnings
'$4,000,000
par)241,398 shs.
by
pension'plan.—V.
.
$8,335,609
!
north
far
President
Central Maine Power Co.—Old Registration Statement.
Withdrawn—
■
v
..
Oustanding
•
the New
inaugurated
airline
under
company's
George E. Charlton as Vice-President of.Uni¬
financing subsidiary of C.I.T. Financial
of
office
branch
Charlton
Federal
withdrawn.
*
cargo - carried-
Credit
C.I.T.
Mr.
I
V
•
1947
deductions
Sal. applic.
,
:
1978____——'
air
appointment
as
area,
'
v
6,225,757
income
Common
FINANCING
Authorized
mtge.
3%
the
year
this
1948.
and head of the company's New York Division, was announced
Nov. 17. He will direct and supervise the operations of Universal
.
1st
this
period, January-October,
10-month
international
C.I.T.'s
:
(
EFFECT TO
of
31
slightly
'
•
,
July,
only through
Cuba was available
to
July
.
<
C. I. T. Financial Corp.—New Vice-President of Unit—
I
and increasing
rebuilding and
the
;
of
of
General
;.v,
.
period, increased
*
most
Caribbean
months
The
was
Dec.
new
and
area
service
On
through
1947,
the
ten
Miller,
Corp.,
$9,272,407
accruals.-
(net)__
Preferred dividend
made, and-proposes to
been
the
strengthening of lines
1,
approximately $2,873,000 <(«f
expended through Sept. 30,
1948).
money, it is expected, will be spent for the
the
Gross
Net
has
Jan.
at
had
lines
new
from
January,
cargo
versal
•
7,004^833
deductions
income
revenue
income
Income
Electric Co.
expenditures
first,
j
the
"
PROGRAM—Company
construction
the
;
per
12, and
$10,610,477
;
Utility operating income.^
Other
purposes.
These notes were issued during the period 1945in part, to obtain funds for construction
purposes and,'in part, to
securities.of Montaup
during
,
The
'
at
•ccwporate
,am
1585.
1948
;
taxes on
Retirement reserve
first (toward payment of $2,950,000 of
promissory notes and the balance
will toe used to finance additional construction costs and for other
proximately
j
17,316,486 169,113,338 149,352,241
Sept. 30—
revenues
Federal
i
estimated
freight volume to
air
50%
$33,597.
The same period this year boosted the
and the dollar total to $48.877.—V. 168, p, 1692.
stock,
Dec.
•details follow:
proceeds
than
more
the
same-period last year, T. 'M.
and Saies. Manager, reported on Nov. 10.
gateway.
2,458,040
1,081,950
8,879,920
6,458,128
Operations for the 10 months ending Oct.
31, 1948, reflect the effect
a strike which
started April 8 and ended May. 12.—V. 168, p. 1686.
Operating
Operating
ibonris, 3% series due 1978 at 100.50 and interest. Further
PURPOSE—The net
"
Cuba, Jamaica, B. W. I., and Venezuela-through the Houston gateway.
The Houston-Caracas flight, made three times weekly,
connects in
Havana with the. daily New Orleans-Havana flight.-',
*
M.
<
1948—Month—1S47
V
•
Central Illinois Electric & Gas
.in
to
air
,
The above action brings total, declaration this year to $2 per share
cash (including 40 cents in each
of the three preceding quarters),
12 Months Ended
Bonds Offered—As mentioned
issue of Nov. 15, Kidder,
Peabody & Co., on Nov.
IU5 (Offered $4,000,000 first mortgage and collateral trust
(Our
m»kq,
by
and
Edens,
p.
'■
corporation's international
increased
of
C.,
over
2005.
p..
compared
York,
Brockton Edison Co.
•acquire
the
of "the
Profit
594,298
594,298
$4.02
111.087
The
From
Court
Nov.
on
Assistant to
jurisdiction
with
The resulting revenue for the same
50%, due to a rate slash during 1948.
the
for
t
of
President,
Hayes,
168,
Traffic
voluntary
10
2360.
p.
Cargo Increased—
later.
Period End. Oct. 31—
-W. 168, p. 1140.
iin
I
a
into
143,
Chicago & Southern Air Lines, Inc.—International Air
New
1,901,600
$3,015,463
E.
area
Court
in
Timmerman
of
at
Parrlngton,
Assistant
.
v
Sales
$2,387,581
'Capital shares outstdg—
Earns, per com. share—
©eprec. (incl. above)___
to
in
,
■Net
10,602,442
this corporation has Just filed
Caterpillar Tractor Co.—Earnings— '
299,000
)1,916,000
.
that
14
the
j.
$4,579,089
$5,230,463
j
224,000)
1,491,000(
tax—
States
payment to be made
declared
Wis. 'income tax__:_____
•Federal
Nov.
on
temporary co-trustees
as
D.
William
(1948
of
plant
which
Net
5,814,825
change
to
(J. I.) Case Co.—To Pay 10% Stock Dividend—
$4,506,084
51,192
26,812,603 249,772,213 222,325,925
JIt was disclosed that a plan of reorganization of the firm wil be
1948—12 Mos.—1947
73,033
:
31,697,920'
reorganization
District
submitted
cash
$4,039,548
oper.__
(net):—,
$
$ "
:$
27,772,554 255,587,038 232,928,367
959,951
convertible
three years.—V.
dent.—V.
'
1948—9 Mos.—1947
33.998,593
_____
voted
13 announced the appointment
President,
to
the
position of
the railroad's Public Rela¬
tions Department.
The appointment became effective Nov. 15.
W. E. Bolton, industrial comlr.issioner, has been appointed Assistant
to the President, with headquarters in Chicago.
In
his ;new
position, Mr. Bolton will retain his jurisdiction and
supervision over the Rock Island's Industrial and Agricultural depart¬
ment, in addition to such other duties as are assigned by - the Presi¬
.
.
-
authorized com¬
$1, to 2,000,000 shares, par 50
an
issue of $300,000 6%
deben¬
common
stock
at 50
cents
per
share
12
Nov.
on
Stock In¬
—
Approved—
Chicago, Rock Island & Pacific RR.—Promotions—
J.
Halsey, Stuart
Bennettsville, S. C., and W.
Representing the company in the action were Attorneys W.
Nicholson of Charlotte, N. C., and
Henry Edens ,of Columbia.
Briggs & Stratton Corp.—Earnings—
'Other income
5
be
to
Corp., Detroit, Mich.
Issue
800 000' shares, par
authorized the creation cf
Executive
97.512.
of
Research
from
and
tures
within
1899.
p.
2,300,673
George
attorney
share
1948—9 Mos.—1947
cents
offered
17
2004.
p.
appointed
The
period End. Sept. 30—
bid
a
.1948—Month—1947
_______
United
The
.•Net
Nov.
on
stock (200,000 shares of no par
$1,725,272;
total,
$9,'174,341.—V.
168,
common
surplus,
stockholders
stock
mon
Co. offered $1,500,000 first
on
"168,
Bankruptcy Act.
$4,785,580
2,661,699
1,758,122
;
Offered—
Ry.—Earnings—
•
,
j It was announced
the
in
6,353,174
'3,082,944
;
Chemical
16
•
$70,124,063 $61,637,923
282,732
112,855
may
Co.,
factoring
to
taxes, commissions (est.), $62,972;
$64,076; provision for Federal income tax,
$240,000;
creased—Debenture
Carolina Mills, Inc.—Files to Reorganize—
i
1948—9 Mos.—1947
625,837
$706,704
16
for 31As.—V.
95
expenses
Eastern
•Net
■Other income
associates
Nov.
earnings
5,703,210
(Dr>____„
bid
168,
31,483
•
1978,
Trust
.
Net
787,032
(Br)
awarded
was
earnings
Working
280,758
u.
—
(Equip. rents
dt. >fac.
5,913,862
expenses—
'Taxes
$6,939,304
1,
Bankers
739.
of
v
-V.
>QpeBfcting
■Operating
June
due
the
p.
Co.—Securities
Witter &
Period End. Sept. 30—
Boston & Maine RR.—September Earnings Higher—
'
18 Dean
Canadian Pacific
.
1948—Month—1947
and
Co.
Co.
,
fforiod End. Sept. 3C—
&
!
Company's construction program has been
stepped
up
by
sub¬
stantially increased demands lor service.
The company reports total
pperating revenues for the eight months ended Aug. 31, 1948,, of
#42,871,996.
Net
income, after operating expenses and taxes, was
#4,762,655.—V. 168, p. 1795.
..
,'i ■/.
.
Service
&
$13,000,-
$10,000,000 for
improvements.
„
at
168,
and interest.
The issue
Of the proceeds,
Aetna Life Insurance Co.
off the company's bank
series,
bonds
N. Y.—V.
mortgage 3V4% bonds, series C, due Nov. 1, 1975, at 98V2
promissory
the
pay
definitive
15,
Water
Witter
On Nov.
following amounts: $12,500,000 to John
Life Insurance Co.; $7,500,000 to Bankers Trust Co.;
Mutual
000 will
in
101.24
for
York
80,000 shares of 5.30% cumulative convertible preferred
stock, series D (par $25), at $26.50 per share.
Department
1973.
and mature Nov. 15,
1943,
15,
New
The
Boston Edison Co.—Financing Approved—
notes
exchanged
St.,
California
semi-annual dividend payable Dec. 15, 1948." Semi-annual
payments of $1 per share had been made up to and including June 15,
1948.—V. 166, p. 2100.
'customary
of
be
now
•Kenneth
reduced earnings for the 10 months ended Oct.
ih&ve decided it is to the best interests of the
trade creditors
depts.—manufacturers-
$2,000,000;
wages,
(1947),
tax
(estimated),
due
accrued
value),
$2,000,000;
p. 1141.
(banks),
payable
$172,123;
payable,
jobbers,
1578.
$1,393,880; deferred
total, $9,174,341.
LIABILITIES—Notes
2827.
p.
(1,560
$95,005;
assets,
year.
Inc.)
Factors,
and equipment (after reserve for depreciation),
ery
1948
CO,
SEPT.
SHEET,
Century
$775,285; accounts receivable, $4,228,407; cash sur¬
life
insurance,
$130,608;
inventories,
$2,530,777;
shares) at cost, $15,379; land, building, machin¬
of
stock
treasury
in
outstanding.—V.
value
render
ended
Calamba
was
reported intending to
Pampanga until such time as it could be
Calamba has a total of 250,000 $1 par common
interest
BALANCE
CONSOLIDATED
(Including
stock
12
Monday, November 22, 1948
—
June, it is indicated in reports filed with the SEC.
The Spreckels
holdings in Calamba, which is now in liquidation, amounted to 36,200
shares
by the end of June, 1948.
Calamba and the Spreckels firm
are
Joint owners of Pampanga sugar mills, which was back in partial
11,813,417 114,377,517 102,564,772
9,387,568
91,827,961
79,443,859
964,776
9,252,082
9,315,918
972,268
FINANCIAL
last
retain
!
&
Calamba
Sugar
Estate,
San
Francisco,
Spreckels Increases Stock Holdings—
1948—9 Mos.—1947
1948—Month—1947
COMMERCIAL
3,719,503
2,879,120
after charges and taxes™——
profits
Declares Extra Dividend—
.
The directors
16 declared
Nov.
on
extra dividend of 25 cents per
an
the usual quarterly dividend of 35 cents per share on thev
stock, both payable Dec. 3 to holders of record Nov. 26. This
and
share
common
.
brings the total for 1948 to $1.65 per share, as against $1.25 paid in 1947.
The usual quarterly dividend of 53 Va cents per share on the pre¬
ferred stock was also declared, payable Dec. 10 to holders of record
Nov: 26.—V.
1796.
168, p.
"
■
'
'V vY -YV."^. ;Y • ■=
■
•
•
Sept. 30—
Period End.
Subsidiary Cuwpa»i«—
Gross
revs,
and other
r
Gas
fcr
Prov.
and
_—„
•
1,605,899
203,787
422,308
5,400,458
Fed¬
1,248,252
deducts.—
119,121
income
applicable
Balance
6,345,652;
v
.19,072,096
2,021,228
125,689
:V
5,846,898
21,552,537
371,002
526,374
to
1,895,539
1,129,131
corporation;.
'i Columbia Gas
21,026,163
18,701,094
System,
and
220,490
expenses.—
Federal
other
charges
896,647
1,062,967
775,014
243,273
200,023
114,923
taxes-
■:">
693,406
other fixed
Interest and
Corisol. r.et
1,047,087
700,309
*252,469
:
(net
v\ 751,934
income—
2,807,540
3,515,257
13,347,856 *16,628,570
"'y ■'•Deficit.
•NOTE—The
subsidiaries.
its
or
Go.
has
do
statements
been
The
include
not
American
Fuel
&
Power
Co.
charter of American Fuel & Power
its former assets are held by a trustee
Act. \~ Trustees in bankruptcy have4 also
corporate
repealed
and
the Federal Bankruptcy
under
been
appointed
whose assets
for
subsidiaries,
its
except Kentucky Drilling
Co.
p. 2005.
Y YY;Y'Y'^YyY^YYc
little value.—V. 168,
of
are.
Commonwealth Edison
1
13
Nov.
Week
sales
showed
other
to
4.1 %
a
yY Y Y-ilY;"
Ended—
Nov.
13
Nov.
6
Oct.
30
Oct.
23
—V.
V,
1948
237,201,000
230,682,000
net
234,374,000
—1
—
'
—
-
213,693,000
221,373,000
Commonwealth & Southern Corp.—Declares $1.50
!
Nov.
16,
the
declared
directors
YYY
with
313,818,595
the
for
Div.
corresponding week
168, p. 2005.
:
.
;
.
;•
-'Y
(no par)
Y: ;"Y;.
■.
stock
*
Retained
66,369
500,000 shs.
—
$18,010,986 $15,862,123
$1,198,788
$996,048
2,087,026
1,912,000
2,147,000
2,536,000
2,585,500
1,317,185
;
stock
i—;
790,311
1,866,608
4.300.Q06
1,270,692
...
—
1,905,958
1,337,339
6,089,456
——
profits, unappropriated—*—..
profits, appropriated for* special
Retained
1,533,192
res.
Tbtal
$18,010,986 $15,862,123
Unfilled
orders
of
$17,100,000
at
Sept.
30 and current inquiries for
indicate capacity opera¬
the
company's various lines of mahufactui'e
tions for some months to come.-
To Redeem 10,000
Prio.r Preference Shares—
The
directors on Nov. 16 authorized the redemption on Jan. 7, next,
10,000 shares of prior preference stock at $55 per share and divi¬
dends.
Redemption will be made by lot from stock of record Nov. 26,
1943.—V. 168, p. 1359.
'
of
.
Crosley Motors, Inc.
Directors Elected—,'
Sales of Crosley
tion
will
and
service
nounced.
The
-
-
■
Sales Near 60,000—Two New
—
'Yv;,::Vr;-■;'y!':;i Y'■'
yy~"
bv the company's nationwide dealer organizar
60,000 Powel Crosley, Jr., President, on Nov. 10
at
their
annual
meeting.
The
company's
sales
cars
reach
soon
told ; stockholders
Outstanding
369,000 shs.
•
payable.
surplus
organization
Y'Y
;Y/Y',
board
of
totals
now
Y'
:
directors
than
more
800
'' 1"
■■!YY-
•'
increased
■
dealers,
he
an¬
■
to
eight with the election
of John W. Humphrey, Executive Vice-President of the Philip Carey
Manufacturing Co., New York, and Thomas C, Haydock, partner in
the firm of Haydock & Co;, local investment counsellors,
as
new
members. '
y.vX
-:'A Y';r':'
' Y.;
.u'Y*
;
was
.
Reelected
Yv.;:Authorized
:
:
-
PRESENT OFFERING
TO
EFFECT
-Y.,
:
—
preference
Common stock
Capital
the
to
w(ve
board
H.
E.
Powel
Crosley,
Combe,
James J. Heekin, John J. Rowe
Secretary).—V. 168, p. 1579. Y
(Assistant
Jr.
(Executive Vice-President
Treasurer); Lewis M. Crosley
WITH PROMOTERS—The promoters were Radiant
Corp., New York, and F. L. Jacobs Co., Detroit.
Each paid
in $5,000 cash at the time of the organization for 5,000 shares each
of the old common stock (par $1 per share).
F. L. Jacobs Co. agreed
to
supply the necessary working capital to the corporation.
After
\xk years'it stated that it was not prepared to advance the necessary
working capital.
A settlement agreement was entered into by which
the corporation received title to all tools,
jigs and dies and the
cancellation of any obligation to repay the $10,164 advanced to the
corporation by F. L. Jacobs Co., in addition to the $5,000 'paid for
Stock. 'Mutual general releases were given.
F. L. Jacobs Co. delivered
,
of
its shares
■
this
compared
GIVING
——
accounts
Prior
TRANSACTIONS
Weekly Output Increased 8.77%—
as
3,147,275
413,344
and
(President and
and Secretary)
Stanley E. Kess
;
Heater
a
1947, an increase of 27,525,063, or 8.77%.—V.
a
proceeds will be used for -corporate purposes.
Common
The
353,658
assets™---—-——.
Long-term debt
stock being presently offered is sold, the corpora¬
net amount of approximately $214,400.
All of the
CAPITALIZATION;
weekly kilowatt hour output of electric energy of subsidiaries
corporation adjusted to show general business conditions of
territory served for the week ended Nov. 11, 1948, amounted to 341,;
of
441,4u4
71,397
and other
Other liabilities
"
dividend of $1.50 per share
on the preferred stock, subject, however,
to an order of the Securities
and Exchange Commission.
The payirient is proposed to be made on
Jan; 3, IS 49, to preferred stockholders of record Dec. 10, 1948.
A distribution of $1.50 per share was made on this issue on Oct. 1,
which brought total payments in 1948 to $9 per share as compared
with $12 paid in 1947.- '
On
all
will receive
tion
.
4.1
5.1
4.2
9.7
225,632,000
3,565,718
,
LIABILITIES—
Trade
"
' </< Inc.
230,680,000
-
(net)———.
expenses
Total
.
168, p. 2005,
"
equipment
*
.
tempered rolled lime glass
PURPOSE—If
1947
■
240,200,000
Y-Y.—————Y—;
and
Investments
special type of glass used in the radiant, glass heating panels is
into which has been fused a continuous
When electric mrrent is introduced by wires
attached to tne ends of the grid the whole glass plate becomes the
heating clement.
Plates of the metallized glass heating element in a
rudimentary metal frame have been used for heating several homes in
the Knoxvilie, Tenn., area on an experimental basis for six years and
in one home in Milwaukee, Wis., during the winter of 1947.
The corporation acquired its rights to purchase and -use this beating
element for space heating in 1946 and has been engaged in engineering
work and designing of cools, jigs and dies for lis manufacture into
home heating units since that time.
The point has now been reached
where the engineering has been completed.
Necessary tools, jigs and
dies have been built and a production contract has been signed.
The heating system was tested and approved on Oct. 17, 1947, by
Underwriters Laboratories, Inc., National BOard of Fire Underwriters,
'Chicago, III
Capital is-now needed to promote and sell the corpora¬
tion's radiant glass space heating system in this country.
the
over
4,107,296
6,451,197
The
utilities,
electric
increase
7,438,513
The" corporation
Co.—Weekly Output—
for the week
corresponding week
a
year
ago.
Following are the kilowatthour output totals of the
past four weeks and percentage comparisons with 1947:
'
' :
:
excluding
ended
$1,676,642,
4,419,175
Prepaid
lvas entered into an agreement with. Blue Ridge
Glass Corp. of
Klngsport, Tenn.; an affiliated company of Corning.
Glass Wovks, whereby Blue Ridge agrees to sell to the corporation all
ita requirements of metallized g.ass heating elements and to give the
corporation certain exclusive manufacturing and sales rights in the
United:-States for space. heating devices fabricated from such glass:
heating elements.
The corporation has entered into a further con¬
tract with The Atlantic- Steel Castings Co., of Chester, Pa., for the
manufacturing and*assembling qf electric home heating panels utilizing
the metallized glass heating elements purchased from Blue Ridge and
will confine its own activities to the distribution, sales. and promotion
of. the manufactured units, .•
Y- Y
y;
Y. •' t."-
Electricity output of Commonwealth Edison Company and associated
companies,
Sent. 30.'48 Dec. 31,*47
$2,074,699
Plant
grid of aluminum alloy.
Admin,
BALANCE SHEET
'
*
'
a
Inc.—
.,,
27, 1948.
May
on
$1,664,880
$5.79
—
Inventory
Corp. and its. name was changed to the- present name
Radiant Heater
surplus—
$2,063,640
share——i——$7.40
Receivables
.
1,296,139
1,425,237
—
income—.—_
Gross'
7,767,264
7,007,820
7,984,357
income taxes
other than
eral income
Misc.
1,449,924
—
Taxes,
t
1,852,081
-—,—.
deprec.
depletion
Federal
.
7,244,597
—,—
Maintenance
(
7,543,465
purchased.-———
Operation
■ •';i
19,677,134 116,967,459 107,437,037
40,260,257
33,441^68
6,237,679
31,077,087
26,702,879
6,663,470
5,117,671*
6,827,552
1,430,211
20,967,343
income
; "$.
to
common
COMPARATIVE
in Mich¬
incorporated
was
transferred
per
ASSETS—
Cash'
,
igan Jane 13, 3948, to distribute and sell radiant gias's electric home
heating systems and has its offices at .521. Fifth Avenue, New York,
N. Y.
It was originally incorporated under the name of Irrira*lectric
1948—12 Mos.—1947
1948—3 Mos.—1947
$
$
Earnings
YY'.
BUSINESS—Corporation-
AND
HISTORY
Balance
Stock Of¬
Nov. 15 of¬
—
on
;;
.
—
.
Co., New York;
•
....
shares of common stock (no par) at $2 per
fered 149,000
•
(& Subs.) —Earnings—
Columbia Gas System, Inc.
.
Continental Radiant Glass Heating Corp.
fered—Mercer Hicks &
share.
'
Cooper-Bessemer Corp.—Earnings—
company
tricity
$25,903,448 $27,747,625
Sales
9
9 Months Ended Sept. 30—
1948 '
1947
Neksalea
$25,988,347 $20,171,005
Manufacturing costs' —.—J
19,832,300
15,306,460
Selling, general and admin, expenses-*,—
2,239,907
1,712,165
Prov. for income taxes (est.)
——
1,300,000
1,590,000
Approp. for reserve for increased cost of replac'! ing plant facilities™—
262,500
187,500
r™
On Nov. 17 announced that System output .of elec¬
(electricity generated and purchased) for the week ended Nov.\
14, 1948, amounted to 228,800,000 kwh., compared with 214,700,000
kwh. for the corresponding .week of 1947, an Increase of 6.5%. Local>
distribution of
electricity amounted to 209,400,000 kwh., compared
with 203,400,000 kwh.
for the corresponding week of last year, an
increase of 3.0%.—V.. 168, p. 2005..
:
.
..The
,1947
,1948
,
(2117)
Consolidated Edison Co. of New York, Inc.—Output—
(The) Coleman Co., Inc.—Sales and Earnings Decline
10 Months Ended Oct. 3ItNet
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4753
Volume 168
stock
to
Radiant Heater Cerp.
L.
F.
Jacobs Co.,
Crucible Steel Co. of America—Preferred Dividend—
The
15
Nov.
on
share
per
Dec.
declared
17
the
on
5%
holders of record Dec.
to
the
quarterly dividend of
preferred stock,
payable
1, but took no action on a dividend
no payment has been made since 1949.^
Snyder, Jr., Chairman, said that- although earnings this**
apparently will exceed those of 1947, the directors considered it
inadvisable to act on a common dividend.
The company last year
earned $2,064,887 or $1.12 »per common share.
#
William
P.
year
there¬
"The
fore, has no further interest in. or claim upon the corporation.
:
v
Radiant Heater Corp.; now the sole stockholder, originally obtained
for the corporation from Blue Ridge Glass Co. the right to manu¬
facture certain space heating device's with the glass heating element
ana, as exclusive sales agent for Blue Ridge, entered into a contract
with the corporation to supply its needs of the glass heating elements
Radiant Heater Corp. receives no compensation from Blue Ridge for
its services as agent, but is compensated by commissions paid by the
demands
of .plant
the*company's cash due to the increased Cost
and replacements as well as current business
upon
improvements
operations
are
interest
the company to conserve
stock at this time,"
of
the
on
such
that
the
board
considered
its
common
cash
Mr.
it
in
be
to
hot pay
and
the
best
is seeking FPC authorization to issue $1,500,000 in
short-term promissory notes, $600,000 of which will be used to renew
two 120-day notes now outstanding. In its application, company said
the outstanding promissory notes,
for $300,000 each, were executed
to the Fort Worth National Bank and the First National Bank of
Fort Worth. Community Public Service is seeking authorization from
FPC to renew these 2 '/» % interest notes at 2 V2 %, The proposed addi¬
tional short-term promissory notes for $900,000 also would have an
Interest rate of 2%%, the company added.—V. 168, p. 2005.
'
The
.
company
*
Compania Salitrera de Tarapaca y Antofagasta (Tarapaca
"Insofar
as
the plant improvement program of the
company has
completed and put into operation, the results are measuring
to the expectations of the management.
However, the major
part of the improvement program will not be finished and operating
has called for redemption as of Jan. 2, 1949, a total of
5% serial debentures due Jan. 2, 1968 (150 each of first,
second, third and fourth series) at face value. Payment will be made
either at Schroder Trust Co., 48
Wall St., New York, N. Y„ or at
the office of the company, Teatinos No. 220, Santiago, Chile.
Interest coupon No. 1 payable Jan. 2, 1949, should be detached and
presented separately for payment on or after that date.—V. 168, p. 2005.
Coniaurum Mines, Ltd.—Earnings—
;
Y
Quarter Ended Sept. 30—
milled-
Tons ore
Net income
—
operating costs—.
and
1947
1948
35,145
metals, produced—
from
Development
:
.
27,410
29,130
$247,930
$308,781
251,167
•
1946
213,980
.
$241,048
201,511
up
until
the
end
the
of
first
quarter of
Estimated. operating
$57,614
I
$33,949
1,128
profit—
revenue—
1,140
—
$39,537
Y.„Y,: 1,567
1949."—V.
168,
p.
2006,
Provision
i
—i—————————————
——
for ' taxes-
$35,090
$58,742
2,275
9,800
—
$41,104
....
10,675
$32,815
$30,429
$48,942
13,893
profit before write-offsCapital expenditures
Net
the
NOTE—In
depreciation.—-V.
foregoing
168,
figures,
no
.
267
allowance
'
:
10,061
made
been
has
for
940.
p.
commissions
Radiant
to
Heater
royalties or other moneys payable to Blue Ridge
other than the agreed price of the glass heater
Heater Corp. now cwns 220,000 shares of the common
of the corporation and will own more than 50% of the
Radiant
subject to the underwriter's option arc issued.
Basil A. Needham,
the President of Hhe corporation,
escrow
holder cf
record
50%
of
UNDERWRITING—-Corporation
with
agreement
fcr
chasers
Mercer
undertakes
underwriter
Hicks & Co.,
to
use
shares
149,000
has
his
under
the
efforts
best
the
of
into
common
the
of
which
sell
and
find
(no
of
par)
of
1
•
*Nefc
*
■January 1— yy';:y
The scrip certificates
tion
issued
29,
June
Shares
to
.p.Y-v.Y -yyyyy'y'
Become
Void
after
the
cates
will
The
of
of
agreement
the
board
of
and
the
certificates
does not
to
as
additional
9 Mos; End.
Sell.,
144,
cent
effective
date
of
per
Other
Corn Products Refining;
9 Mos. End. Sept. 30—
Profit
from
Other
income
operation—
—
income
and State
——_
taxes—
Depreciation—profit
.07 shares of The Connecticut Investment Management
a result of the termination of the contingent liability
income tax outstanding against The American Colonial
Common
1953.
have
declared
extra
dividend
share,
payable Dec. *1 to stockholders of record Nov. 20. The. usual quarterly
dividend of 25 cents, per share,
previously declared,: is payable on
,-the same date. -. Dividend^ for the' year 1948 now-amount to. $2, $he
same as paid in- 1947.—V.
167,'p. 1585.'
an
an
loss
extent
of
that
business
to
Oct. 4,'47
Oct. 6,'46
$463,793
$713,514
$43.24
$36.08
Federal
taxes,
1948
sales
$28.12
and
all
other
charges.
1947
1946
1945
$4,264,563
$6,417,156
3,526,895
2,427,602
2,900,526
228,883
$7,'745,287
223,701
567,626
$4,562,223
$1,613,260
$8,318,001
-
etc.
1
—i-..™-.-—
3,802,668
:
4
income
$3,942,619
101,873
(misc.)-Y.
"
Y
$2,939,004
59,405 Y
53,94.
82,538
1948
1947
$9,411,078 $22,979,994
2,508,040
3,294,098
1946
of
$1
$4,644,761
8,618
45,581
2,198,000
Interest expenseFed. & State inc. taxes.
.
Net
No.
for
earns,
of
-
period
per share
reported
$2,386,874
Period End. Sept. 30—
$11,919,118 $26,274,093 $11,459,083 $12,728,022
2,852,879
11,831,5i0
4,651,799
5,413,935
1,710,000
1,350,000
1,215,000
1,215,000
Federal taxes
Other
$2,992,948
$2,401,181v
$971,313
$1,003,111
659,998
659,898
659,998
$3.64
$1.47
$1.52
168,
p.
1040.
Co.—Earnings—
1948—Month—1947
$1,323,761
:Y./.' YYyY/;
i948—12 Mos.—1947
$1,176,772 $13,510,204 $11,844,898
540,487
Depreciation—
187,957
5,563,791
1,967,414
127,952
^
485,961
208,353
—
taxes
18,142
1,971,694
$3.62
separately.—V.
Operating revenues
$1,672,665
24,352
677,000
659,998
,
'
Dallas Power & Light
1945
$9,941,726 $11,662,131
1,517,357
1,065,891
-
1,649,000
capital shares™-
*Not
Co.—Earnings-—
$4,044,492
.
Operating expenses
Total
•Fed.
Approps.
directors
2,'48
$595,089
Sept. 30—■
on
Total
Earnings
Net
Consolidated Paper Co.—Extra Distribution—
The
Oct.
depreciation,
admin,
-expenses
„
offering is sold during the period the underwriting agreement is in
the number of shares which vhe underwriter may purchase
pursuant; to bonus option after said 13 months' date will be reduced
to
a
number proportional to the degree of success attained in tho
present offering.
The purchase option of the underwriter under the
escrow
agreement is nondivisible, nonassignable and nontransferable
and. in the opinion of counsel does not constitute a security.—V. 168,
■p..249. ■" Y
Y: v '
Y'
Y
YY. .'Y
apply to scrip certificates for fractional shares
due or issued to stockholders of The
or after June 1,
1943 in settlement of
p.
profit
gen.,
facil.
for
at
Preferred
——
_
replac.
curr.
Surplus
Surplus, Dec.
$5,592,283
$6,099,088
of
cost___
dividends ;
dividends
$7,356,239 $13,092,583
139,470
1,487,360
4,751,671
1,765,351
1,304,724
101,250
79,414
1,077,134
947,766
Net oper. revenuesOther income
$345,719
$283,970
$3,414,505
$3,075,386
11,028
371
Gross income——:
Int. & other deductions
$347,218
$283,970
$3,075,757
—
$2,443,671
1,290,083
6,818,809
1,290,082
1,290,086
5,682,340,
4,924,700
1,290,093
4,924,700
t$2.102,653
31—.
per
1,499
——
1,350,000
$6,120,154
t$622,503
t$115,705
24,904,048
19,256,115
11,513,643
11,162,299
Net
66,802
Transfer
to
for
surplus re¬
conting.
Y
50,177
$3,425,533
711,795
$280,416
income
serve
;*■
such
therefore
will
this, corporation
Corp. on
Corp. stock
Corp.—V.
by
Colonial
'their claim
for
the
imitated
168, p. 1142.
Gross
(Including Subsidiary Sales Companies)
1949.
1,
above
stock
voted
be
expire Jan.
American
of
terms
the
to
consequent
'
Profit from operations
months
carton
$7 pfd. stock____
Prov. for depr. & amort.
13
changes
some
Inc.—Earnings—
the
than
made
Brands has
of notification
"-''v'
for fractional shares of stock of this corpora¬
to stockholders of merging corporations
1931
consolidation dated May 12,
1931 will become null and void on Jan. 1, 1949.
Stated on the cer¬
tificates to be void after June 1, 1933 they have been extended from •
year to year by action of the directors of the corporation, the latest
extension" being to Jan. 1, 1949. No further extension of the certifi¬
.under
Margarine
deceived with
and prospectus, the 30,000 shares upon payment
share.
In the event that less than the entire public
not- earlier
and
Cutler-Hammer, Inc.—Earnings— f
;;
Management Corp., Hartford,
Fractional
for
Conn.—Scrip
Pak
are
—
per shr. on
After interest,
—V.
.
Connecticut Investment
income
Earn,
which it owns.- If the underwriter successfully
entire public offering it will be entitled to receive on
the
buyers
40 Weeks Ended—
.
the
corporation
date
bag
Cudahy Packing Co.—V. 168, p. 1142.
Cushman's Sons,
the
pur¬
.
a
plastic
a
Y
Color
The
within a period
notification and
the underwriter
underwriter has
made-no firm commitment to take any. shares and is bound only to
use its best efforts to distribute the stock being offered.>
Y
i
As a special performance
bonus Radiant Heater Corp., the sole
stockholder, has placed in escrow 30,000 shares of the common stock
completes
margarine in
carton.
prospective
corporation at a public offering price of $2 per share
of 90 days after the effective date of the letter of
prospectus covering such offering with the option to
to extend such period for an additional 60 days.
The
the
Margarine Packaging—
underwriting
an
terms
to
stock
its
Bonnet
its
common stock of Radiant
shares of its preferred stock.
entered
on
suit
T^e, Cu,dahy company alleges that Standard
Delrich E-Z
^
also
filed
Standard
,
Blue
in
*
is
against
™
its
the outstanding
of
Heater Corp., but he does not own any
company
effect,
'
*
of
payment
has
in the Federal Court In Wilmington,
Brands, Inc., asking for an injunction
to
restrain
the latter from imitating their Delrich E-Z Color Pak
Margarine carton, and for damages.
The Cudahy company was the first
company to market its mar¬
garine In the Peters plastic bag, which enables the housewife to mix
coloring matter into the margarine by kneading the bag.
For the
past two years The Cudahy' Packing Company has
nationally adver*LS
r,y r
0i newsPapers, and magazines its Delrich Margarine in
the E-Z Color Pak carton.
Recently Standard Brands started packaging
outstanding stockiof the corporation, if the entire 149,000 shares being
offered to the public are sold and the 30,000 shares it has placed in
letter
Total
no
corporation
Cudahy Packing Co.—Sues
This
Delaware,
stock (no par)
of
pronoperatir.g
advance
an
as
There are
the
$233,793
$2,713,738
86,898 Y
108,904
632,086
790,914
717,843
$1,922,824
334,935
$1,725,82$
334f93S
$1,587,889
$1,390,893.
Surplus, Sept. 30—— 522,801,395 $25,376,270 $10,891,140 $11,046,595
Earns, per shr* on
mon stock
com-
Y
$2.40
*
•
.
$4.67
$1.70
:
been
elements purchased.
;
& Antofagasta Nitrate Co.)—Partial Redemption—
The company
600 20-year
dies
and
Corp.
by
—^
dividend
a
Snyder said.
of
Community Public Service Co.—To Issue Notes—
V.
usual
convertible
the common stock on which
on
purchasers on glass heating elements purchased.
It has entered into
a
contract with the corporation under which it receives a commission
$2 per panel on the first-- 25,000 panels actually sold by the cor¬
poration and at the rate of $1 per panel thereafter.
The corporation
is not obliged
to pay this commission on any glass heater element
purchased until it has been manufactured into a panel and actually
sold.
The corporation may utilize all or part of the $25,000 to be
received from Atlantic Steel Castings Co.
for leasing the tolls, jigs
in
directors
$1.25
.
$1.90
^'Includes $770,879 in 1948, $703,860 in 1947, $550,799 in 1946, and
$783,635 in 1945 for taxes other than Federal income taxes.
tDeficit.
—V. 168, p. 1040.
Bal. to earned-surplus
$171,512
Divs. applicable) to outstanding 4l/2%
Balance
—V.
y__
168, p. 1360.
—
$146,895
pfd. stock
—
—„
S
10
COMMERCIAL
THE
(2118)
&
FINANCIAL
CHRONICLE
Monday,1 November 22, 1948-
.......
1
Detroit Edison Co.—Stock Offered—Blyth & Co., Inc.,.
conservative
acting alone and for its own account, on Nov. 16 pur¬
chased at competitive bidding from American Light &
Traction Co. 192,734 shares ($20 par) capital stock of
the company at $19,546 per share. Reoffering was made
at $20,125 per share and was immediately oversubscribed.
Othcv
bids
$19.5399
per
$19.4499
per
Bankers
the
at
sale
The
were:
First
Boston
"In the
of
debentures
to
sell
to
168,
after
income
all
official
and
profits taxes—.:
excess
38,700,000
profit
will
holders
affect
amount
to
Earnings per
shares--
common
NOTE—On
"Net
profit
Common
tEarns,
$1,716,279
202,666
$6.26
——
shares outstc'g.
pre
share-
com.
$1,416,959
*202,666
$4.79
1945
"After
charges
for
ments.—V.
and
Federal
taxes
(and
contingencies),
1143.
•'«
Period End.
Sept. 30—
1947
class
after
' t
Other
surplus—2,051,984
TEarning.s
per
share
(1,042.641
shares).—;
1,650,795
and
taxes
jBased
charges.
shares.—V.
shares
of
Blyth
&
letter
a
stock
capital
Inc.,
Co.,
holders,—V.
notification
of
159,
the
SEC
company
13,200
share.
charge
&
of
letter
a
stock
Net
sales
to
Marshall
be
with
offered
Co.;
&
Net
taxes
earnings
1948.
is
will
to
was
up
1948
the
(after pref.
stock
common
that
'
net
would
1948
cents
54
earnings
Sept.
add
approximately
above.
reported
1948
30,
of subsidiaries
in
were
oil
production,
than
125%
continuing
both
the
for
Net
Pfd.
and
Nov.
company
stock
of
certain
check
pay
Canyon
and
15' announced
for
its
of
price
purchase
by
subsidiaries
deduction
Offering
reducing
to
the
the
six
months
cents, per
common
for
the
six
reported
for
those
ended
Sept.
period
of
with
program
30,
1948
1947.
recent
plan.
directors
31 to
Employees-^-
the availability
15,000
equivalent
resulting
to
9
Oct.
and
associated
the
to
declared
a
of
last,
1,,
dividend
record
when
cents
to 52Vz
shares
asked
($100
outstanding
Consolidated Natural
of
is
common,
—V.
160, p.
Eastman
the
par)
of
Dec.
five
15.
dividends
Dec.
on
cents.—7.
Gas
agreeable
On
Nov.
on
in
1947.
April
under
(Del.)
(& Subs.)—Earnings—
1948
stock,
59,009
1,236 ,344
41,293
253,476
1,066, 578
2,663 ,111
790, 132
31,295
the
July
the
20
exceed
continue
369,740
39,996
947/0 1
435
$8,582,828
6,278
$786,560
$386,983
■■
466
$380,705
instalment
unearned
or
notes
fees!
premiums,
debts
bad
of
$1,400,749),''
certificates!—r-contra
(less
furniture
$318,017;
$553,701;
payable
(paid
income—prior
payable,
$237,062;
employee
liabilities, $421 936; 15-year Vk'/o
accounts
accrued
due
issued—contra
$11,031,237;
Sept,
(less
1,
1962,
$6,000,000;
invest¬
for redemption—contra
contingencies, $52,959; prefer¬
reserve
for
reserve
($50
par), $3,990,150; common stcck ($1 par) (issued and
495,900 shares
at $1.83Va
and
585,652 shares at $1)„
paid-in
surplus,
$2,970,415;
earned
surplus,
$2,462,652;
$51,415,550—V. 168, p. 1144.
total,
Fidelity & Deposit Co. of Maryland—To Split Stock—>
The
stockholders
stoek
each,
iwo
$20 par share
dend
the
on
Feb.
on
from
par $10
will
16
300,000
of the
vote
shares,
outstanding.
changing
on
$20
par
shares to
new
be
each,
the
authorized
600,000
to
in
issued
240.000 shares of $10
stock
par
which
be
shares,
exchange for each
It is also proposed lo pay a 25,%
remaining unissued 300,000 shares will
subject to future action by the directors
will
be
stock divi¬
outstanding.
held by
the company
stockholders.—-V.
168,
or
2007.
24,301
"
',$4,826,090
61,678
'
87,759
,
The
for
102,923
taxes
8,836
203,966
.•
1,075,719
65,983
221,727
2,471,219
988,658
company
$50
Albert
to
require.
34,479
$5,097,566
25,625
*;■
409,761
307,500
v:
1797.
First York
Nine
$445,191
______
,
$286,740
to
$4,687,805
$3,395,963
Months
Co.,
instalment
partially
of
notification
with
SEC
the
>
preferred stock and 3,015 shares
being substituted for the out¬
stock
of
the
corporation.
Underwriter,
Inc., South Bend, Ind.
contracts, make loans
retire
outstanding
Proceeds
will
dealers
and
to
loans.
Corp.—Earnings—
Ended
Sept.
30—
1948
Cash dividends
*
1947
$317,784
ea'rnc^
$373,553
110,736
34,003
$428,519
Interest
,
5%
stock
common
$3,703,463
letter
a
preferred
Securities
purchase
and
filed
9
cumulative
5%
par
no
McGann
used
individuals
$312,365
>
$50
cumulative
standing
be
Nov.
on
shares of
985
of
$4,913,848
$8,644,505
168,
Nov.
18
Exchange
The
&
Co.—Common
will
company
Light
stock'will
Co.,
be
and
paid,
24,
of
counsel
by
stock
and
the
is
stock
that
will
United
and
States
will
they
be
not
the
to
Bond
stock
believe
subject
income
tax
"
$407,555
the
week
ended
Nov.
11,
distribution
in
stock.
to
stock
and,regulations.—V.
,
(except
public
auction
Norfolk
to
75,717,000
the
over
System
a
cash
during
1948
k*,vhM
as
22,
wage
70
by
cents,
issue
100,-
dividends
11
wage
—
Nov.
29
on
the
p.
rate
is
for
some
time
in
the
future.
\
2851.
;*
1948
1947.
$2,601,048
—___
$183,403
1,943
—
$2,601,048
corporate
and
and
income
"Net
sundry
expenses.
76,519
taxes—.
6,955
2,- 55
y2
of
1%
in
$96,260;
30,
S.
at
$0.04
in
1948
and
1948
accounts
U.
and
dividends
Government
(average cost $9,035,290),
market quotations (a.verage
Lehwood
Corp.
(book
Corp.
cost
receiv¬
securities,
$9,018,530;
general
$1,195,523),
cost
Mexico;
S.
$23,388,291.
stock
gain,
A.
$551,237),
$1,192,972; investment in
$30,972), $1; deferred charge,
(cost
Financiera
$3,000;
'
unclaimed
of
$2
on
dividend
cumulative
preferred
$36,366),
(10c
(less
cash
preferred
none;
$327,614;
pan,
stock
$43 890-
contingencies'
dividends
segregated
stock
capital
($1
for
the
payment
$98,141;
par),
$14,153,345;'
surplus,
on.
Florida Power
The
$2,502,639
common
net
(net)
realized
$1 073 883-
'
W.
:
"Surplus
C.
..
"Earnings
per
share-—-
.!
'
*
!
!
'W;
.;
ASSETS—Cash
789;
in* banks,
American
ir,
vestment
SHEET,
BALANCE
.
SEPT.
$62,323;
General
30,
(book
& Service
charge, $682; total, $16,069,578.
■
.
$19,285;
$8,793,492),
(cost
$500),
de¬
convertible
preferred stock ($1 par),' $85,850;.
20c dividend preferred stock
(10c par), $25,903; common stock (10c
pan,
$483,003; .capital surplus,
$6,086,297; net realized deficit 011
$181,111;
(excess# of
appreciation
General
—V.
undistributed
net income,.$2,316,816; unrealized
amount 'at which investment in- American
Corp.-is carried over book cost), $7,193,296; total,-$16,069,578.
investments,
■
$3
1254.
168, p.
;
•
V
.
company
$
10,000
share.
;
all
*
action
the
the
on
common
made
on
announced
was
stock;
total
5,
for
of
dividend
stock.
March
on
Jan.
30
1948
each
cents
In
15,
paid
Nov.
on
that
17
the
ordinarily' payable
addition-to
June
a
15
dividend
share
of
per
share
cash
and
in
of
cash
have
taken
no
about Dec.
15 on
distributions of 15 cents > each
Sept.
Exchange
directors
15,
on
the
year,
company
one share of Longchamps, Inc.
Buffet stock held.
In
1947, a
was
Co.
Proceeds
168,
will
p.
paid.—V.
the
be
used
to
finance
company's
2007..
Nov,
will
be
used
filed
10
class
of
Underwriters
B
are
letter
a
common
Tifft
of
(no
notification
par),
Brothers
and
be
to
F.
with
the
offered
at
SEC
$16
S.
Moseley & Co.
additional working capital.—V.
124, p. 1985.,
for
stock
Nov.
8
filed
increase
Nine
statement
with
the
SEC
Months
Ended
Sept.
Management
fee
353.
p.
30—
1948
—
general
and
162,
Inc.—Earnings—
dividends
Expenses
registration
working capital.—V.
Fundamental Investors,
Cash
a
par),
used to
will be
on
shares of 4y2% cumulative non-voting first preferred
to be offered at par without underwriting. Proceeds
11,606
($100
taxes——
1947
$1,085,262
$$26,920
40,305
___
35,546
._
116,490
—
Cash
income
——
__
dividends
"Surplus
for
—J!
88,499
$928,467
$502,875
,
1
168,
p.
1144.
"Before
$336,636
net
in,
profit
1947.
912,260
t557,950
$16,207
—
period;
or
this
SEC
of
"
Exchange Buffet Corp.—Omits Common Dividend—
It
on
shares
company
covering
"Net
'
the
names
-
Fuller Brush Co., Hartford, Conn.—Registers With SEC
The
•
.
on
20c
dividend
preferred
stock
payable
1; 1949, $25,903; accounts payable, accrued expenses and taxes,
$33,621; unclaimed dividends (less—cash segregated for the payment
$25,586;
&
program.:—V.
in¬
$15,986,$500;
Jan.
thereof).,
The
Proceeds
LIABILITIES—Dividend
common
The
Forbes & Wallace, Inc., Springfield, Mass.—Files With
per
1948
cost
Corp.
bonds.
through
Corp.;
Langeley
for
-receivable,
accounts
Corp.
Planning
in
investment
7
mortgage
SEC—
profit on sale of securities of $9,474 in 1948 and $25,619
1947.
per-
.
Nil
registration statement] with
a
first
determined
$124,339
4,830,030
$0.47
outstanding—
common
net
$663,834
4,830.060
period—
for
'Common- shares
5 filed
30-year
be
will
competitive
bidding
The
following have been invited to bid for the securities: Kidder,
Peabody
& Co. and Merrill Lynch,
Pierce; Fenner & Beane (jointly); Halsey,
Stuart &
Co. Inc.;
Smith, Barney & Co.; The First Boston
187,795
1,207,511
Corp.—Registers With SEC—
Nov!
on
$8,500,000
underwriters
$63,456
631,294
—
eomcanv
covering
de
total
•!
investments, $38,902; unrealized appreciation
total, $23,388,291.—V. 163, p. 1254.,
1,125
(special)—
-
$2,400; invest¬
$40,209), $1; investment in Bell Aircraft
$2,125,021;
investment
in
Montgomery Oil
LIABILITIES—Dividend
8,484
—
at
mar¬
$1,352
(cost
$2,843,297),
construction
cents;
of
$1,581,473;
accrued,
$1,238,372
investment
(cost
...
ferred
the
banks,
SEPT,
quotations
Corp.
91,777
—..
____^—.
dividends
dividends
Common
regular
Jan.
SHEET,
of
in American Wheelabrator &
Equipment Corp. (cost
$4,400,000; investment in Baker Ice Machine Co., Inc.
4 cost $2,470,252),. $2,513,000; investment in Commercial
Controls Corp.
.(cost $1,914,646), $1,103,000;
investment in Electromode
Corp.
(cost
$87), $1; investment in Lancaster Corp. (cost $11,710),
20,504
taxes—
income
Preferred
in
ceilts
in
interest
$0.01
securities
$2,540,452),
$185,346
14,936
parent,
5o
snd
$49,375;
100,000
company's
of
ASSETS—Cash
of
payable, $98,141; accounts payable, accrued expenses and taxes
notes payable to
banks secured, $7,500,000; reserve for
Sept. 3—
__—
in
__
sale
on
BALANCE
company's premises,
*—_______
franchise
State
approximately
dividend
of
1947.—
Rochester, N. Y.—In Dissolution
on
a.m.
*—
Management
by the directors during the year.
which cash dividends declared on the commonthe
$631,982
profit
1947.
•
*' 2,883,534
3,276,139
share
common
98,178
1,638,069
_
.
stock declared
cents
of
cash), including trade name and goodwill, U. S.
accounts receivable, equipment, etc., will be sold
at
Nine Months Ended
Cash
Interest"
at Kodak
totaled
net
thereof
f'
The
1949,
dividend
per
"Before
100,000
dividend
follows:
'"Earnings
631;
increase
an
week
(special)—!—
shares! outstanding
Common
$269,668
196,282
dividends
ket securities,
subsidiaries
of
3,659
■
$181,762
dividends
Common
able
Equity Corp.—Earnings—
brought
for
quarter and the
were
input
corresponding
Place, Rochester, N. Y.—V. 163,
.
the
income
Preferred
168,
!,;!'■■.'!
patents,
"Before
declared
for
"Net
income
Corp.—Weekly Input—
the
134,227
36,614
—67,792
as
•
exchange
The
on
both
dividend
as
162,352
•
___,
Interest
less
•
1948
amounted
21.2%,
assets
Federal
stock
owning
The company
2007.
foreign
and
distribu¬
resumed.
which
permission
equiva¬
share
per
Total
Management and corporate expenses..!
State franchise and sundry taxes
in
share
one
the cash
50c
—_
record
No fractions
stockholders
this
law
'
v
of
common
of
of
only cash.
taxation
to
rate
of
holdings
stock held.
rate
Share
the
its
thereof,
receive
Dividend
approval
holders
of
the
at
lieu
in
the
to
part
common
but,
equal
All
common
1948
distribute
common
issued
which
stock.
Share
shares
be
Stock
declared," subject to
the
Commission, a dividend on
payable Dec.
company
Power
60
All
«
share,
1580.
p.
and
Share
&
on
i
per
similar
A
were
1947,
1;
<:■
earnings within the five calendar years preceding the date of
payment.
A company
official, commenting on the stock dividend, said:
"During the postwar years cash requirements for capital expansion
have
been
very heavy, and
it is anticipated that such requirements
will
1948
total, $51,415,550.
accounts,
stock
ence
$6,324,530;
for
(Investment
miscellaneous
$4,435,987),
p.
Electronic Traps, Inc.,
at
cents
1, 35 cents each; and Oct. 1, 40 cents.
also declared a
5%
stock dividend on
common
on
each
of
$0.73
30,
payable, $21,023,536; dividends
$369,285; Federal and State laxes on
1948),
certificates
ment
during 1944 through 1948.
$11,600,000 for
49,300 employees in the Western Hemisphere.
Next March's payment will
bring the total wage dividend distribution
to approximately $103,000,000.
The
wage
dividend formula is based on the total amount of cash,
For
hank,
reserve
The
71,601
—
div,
168, p.
•
;
,
.
directors
common
payable Jan.
dividend
546,503
158
this
corporation
13,245.000 kwh., or
Co., which owns East Ohio's 415,000 shares
to exchanging the preferred for common
ceive $22.50 for each $1,000 earned
stock
652.658
devel¬
of
V.
Co.—Declares 50 Cents in Cash and
Common Shares—To Pay Wage Dividend
on
directors
year
receivable
capital
118,845
$479,670
p.
will
For
to holders of record Dec. 24, 1948.
A
record-breaking wage dividend of an estimated $13,000,000 for
about 51,500 employees in the West
Hemisphere was also voted.
This
wage
dividend, largest total amount in the 37-year
history of the
plan at Kodak, will be paid next March.
Eligible employees will re¬
Last
in
subordinaced'-sinking fund notes
ment
520.899
SHEET, SEPT.
uncollected
and
$807,816;
thrift
12 Mos.—1947
Fed¬
1693.
a
1
—
Payments
and
l
The
and
(less
$1,655,181
LIABILITIES—Notes
1,
$2,034,490
$0.41
____
liquidation—contra of $4,435,987), $11,031,237;
(depreciated Value), $479,609; deferred charges,
fixtures
Oct.
3,591,588'
Electric Power & Light
quarterly
dividend of 1Vz%, or $1.50 per share, on the preferred
stock, both pay¬
able Jan. 3,
1949 to holders of record Dec. 6, 1948.
Cash dividends
declared on
the common stock, this year
total $1.60, the same rate
as
in
shares
Kodak
16,
the
for
7%
par)
$13,000,000—
share
SEC
common
($100
1861.
5% in Stock
of
reduction
473
1948.
cash
company
companies
,
Vfe
year
has
company
of
of
notes
for
rescrvo
$2,462,652
_
__
BALANCE
hand
on
discounts
and
208,360
»1,081,551
period A_
of
share
contracts, receivable
$33,014,361;
50,625
234,333
outstanding,
Total
shares
end
and
market
105.176
of
Corp.—5-Cent Dividend—
was
paid iast
additional
at
62,634
44.952
First Discount Corp., South Bend, Ind.—Files With SEC"
advised
p.
East Ohio Gas Co.—Asks SEC Permission to Issue
000 Common Shares—
The
$2,356,109
42,453
outstanding
common
ASSETS—Cash
1797,
p.
each 60 shares of Bond and Share
,is
;,'
.v
of
employees
.
stockholders
on
payment
dividends
$2.5$
$786,401
Carolina
than
the
Nov.
on
made
was
and
this
of
Bond
request
Dumont Electric
tion
$2,874,390
_____^
:
i
surplus
shares
per
$9,652,971
depl.
&
directors
2,
lent
The
com¬
Wilmington fields.—V.
166",
'
' !'!.! ;•
V^V:!!:\'"
;
payable Dec.
$2.90
6,832, 563
taxes..—
Securities
lor
eligible to
previous
$986,096
$18,707, 334
(Crt
than
surplus
Carolina
of
7
The
$1,107,301
316,523
„
168,
Dec.
1948.
2006.
P-
67,501
$801,149
costs
stock
stock
cancelling subscriptions. Directors and elected officers
subscribe. The offer expires Dec. 6, 1948.—V. 168,
or
not
amort.
The
The
are
$433,374
1,922,735
dividend
Earned
$1,053,598
de¬
Electric Bond
Sept'.
stock was set at $44.31 and Dow employees
the prospectus explaining details of the plan.
plan permits subscriptions up to one share for each $200 of
the individual employee's annual wage or salary,
payable over a year's
period by payroll deduction,
and there
are
options of paying up,
invited
were
is
104,759
other
.under
common
$1,174,801
$105,186
1948—Month—1947
income
—V.
$0.18
of
as
earnings
months
drilling
Dow Chemical Co.—Stock to
The
246,973
period,..,,-.2,38.7,852
__
dividend
Earnings
Balance fdr com. divs.
of
31,
corresponding
active
Cat
six
the
the
over
an
1048;
of
32,450
67,500
168,
income
Net
.«.!
for
14
excess
preceding fiscal year ended March
in
118,891
taxes..,325,048
beginning of
at
Common
205,431
$1,832,447
etc.)
income
1947
outstanding
".;•
30.
is
$799,243.
189,320
more
pletions
p.
which
deductions
'
$0.54
ended
company
,177,329
16,275
shares)———
(381,994
(excl.
income
and
of
shares
.
crude
$1,291,473
734,582
Federal
Adolf
to
go
505,474
..
the entire
$1,352,131
stock and surplus
com.
bonds
Income
Co."',
divs.,1
estimated
months
$121,461
$116,735
„•
opment
per
&
(exclusive of subsidiaries)——-—
Sept.
;
requirements:
revenues
Exploration
$4,990,884
905,911
on
25,353
—
income.—V.
on
preciation,
SEC
$2
income
other assets, $247,796;
share
residuals
eral
$8,723,828
"Earnings per common share
"Based
43,394'
.,
the
at
Luckhurst
Proceeds
subsidiaries)
(exclusive of
:
•
Gross income
notification
of
$1)
(par
Maxwell
Six Months Ended Sept. 30—
Net
4,105
14,952
—
per
Balance
capital
Co.,'Inc.;
State
—
Common
$1,266,125
$131,687
applicable to
Operating
Douglas Oil Co. of California—Sales and Earnings—
share
$1,308,737
•_
dividend
Operation
share.
filed
5
Nov.
on
shares
Blair
ended
$117,357
448,020*
stock?
to be offered at $27.25 per
broker,
Proceeds go to selling
York, will1 act as selling agents.
Bleiman, a stockholder.—V. 168, p. 344.
It
"424,106
______
redemption of
Taxes,
pair),
act
1445.,
New
30,
586,600
El Paso Natural Gas Co.
500'
for
Dorset Fabrics, Inc., New York—Files With SEC—
The
3,376
531,818
52,000
3,725
_______
income
Other
for
278
44,693
$127,962
Period End. Sept. 30—
;
as
(no
will
p.
with
filed
was
741
321
—!!—___Ji,
$486,533
Preference
3,333
285
—
deductions
Deprec.
8
$798,502
$978,300
315,000
Maintenance
Nov.
^
$1,494,801;
168,
,
li<ms^;j—.
Surplus adjustment deduction
,
Dominguez Oil Fields Co.—Filing With SEC—
On
301,673
_
net
income
Federal
!
1,042,641
on
and
Total
extraordinary reduction of $32,450 in prior period (see spe¬
charge).
-(-Representing that portion of premium and expenses
cial
1692.
p.
1,875,680
"After
Net
"After
$4,633 933
2,224,445
65,300
income.
oper.
Earnings
;6,357,700
5,903,109
/
■'
,v:;! !,
;■
$6.10
$5.66
$1.58
;
,
1947
$2,482,360
$978,621
charges" 'd—.167,035
Federal
year,
require¬
.
$1-97
\::.!
1948
,'i'
—___.
income
Income
1948—12 Mos.—1947
$5,268,555
165,784
44,327
income,
Net
$18,810,902
to
opera
Earned' surplus
$425,346
transferred
profit
income
Gross
and
188,114
taxes
Preferred
providing
'
Other
from
and
r
V'
In'come,
CONSOLIDATED
202,666.
dividend
A
*
'
1360.
p.
1948—Month—1947
franchises
of
Utility
1948—3 Mos.—1947
1948—9 Mos.—1947
$14,799,227 $55,878,345 $47,026,723
sales
168,
$476,309
-
Federal income taxes
on
"Net
outstanding
shares.—V.
$2.40
Doehler-Jarvis Corp.—Earnings—
Net
shares
common
335,000
$932,696
$4.92
»
$2,063,597
iertlficates——-33,638. '
30,116
expenses1,465,401
1,236,9801
Operating
have
-
$1,444,677
202,666
in
fAfter
general
168, p.
this
will
Co.^-Earnings-
——
-
Balance
$250,000
the
619,000 new
26,667
Amort,
27,705,367
1946
from
$126,000,000
28,333
tSpecial
1947
-
about
Depreciation
(& Subs.)—Earnings—
1948
that
18,569
1947,
Sept. 30—
Quarters Ended Sept! 30—
Gross" operating
income____—
Interest on investment
combine
to
resulting
21,987
Income
12 Mos. End.
shares
278,579
Gross
Dixie Cup Co.
stockholders
the
of
Maintenance
there was a change in accounting method
in that whiskey and spirits purchased since that date by a subsidiary
in the United States and remaining on hand July 31, 1948 were not
subject to "last-in first-out" inventory accounting.—V. 168, p. 249. .
13,
Aug.
all
of
approximately
Operation
$54,735,660 $43,112,502 $24,530,129
'
$6.24
$4.88
$2.72
__.
(Including; "Wholly-Owned Subsidiaries!
rate
Net
1946
30,915,263
annual
company
General
Net
enable
fractions
to
pointed out
El Paso Electric
$93,435,660 $74,027,765 $52,235,489
operating charges—
the
increase
spent
will
Subs.)—Earns
1947
1948
to
made
Period End. Sept. 30—
Fiscal Years Ended July 31-—
Profit
be
rights
Operating revenues
Distillers Corporation-Seagrams Ltd. (&
earnings.
to
declaration."
company
said,
Detroit Edison Co.
as agent for stock¬
with subscriptions or
connection
rights* in
2006.
p.
than
by the company by the end of 1948 for improving and in¬
plant facilities in the three postwar1 years.,,.,
currently has 12,380,065, shares of common stock out¬
standing and 61,145 in the treasury. The stock dividend, the official
warrants and accept subscriptions for 3 %, ■
1958
during the subscription period Nov.
additional
buy
rights.—V.
will
their
of
dividend
! The
through close of business Dec. 1, 1948. The
has also arranged with Bankers Trust Co. to act
holders
current
t—
■
creasing
due
15
dispose
been
to
rather
time
dividend.
cash
The
.
relation
in
this
at
"Arrangements
or
stock
Corp.,
amounts
1
Family Finance Corp.—Earnings-—
circumstances, the directors considered it advisable to declare
dividend
the
*
share; Coffin & Burr, Inc., and Spencer Trask & Co.,
siuire: Otis &: Co?, $18.93 per share.
Co. has been appointed New York agent of company
subscription
convertible
stock
a
Trust
transfer
to
received
"Therefore, it has been necessary to restrict cash dividends to rather
-
,
t$55,075
on
sale of securities of $364,770 in 1948 and
tExcludes
$11,223
changed
to
security
profits.
t Deficit.
NOTE—No
company
files
provision has
as
a
been made for
Federal
income
"regulated investment company."
taxes,
since
•
COMMERCIAL
•fHE
Number 4753
168
Volume
FINANCIAL
&
CHRONICLE
(2119)
II
■
30,
SEPT.
BALANCE SHEET,
1948
Glidden Go., Cleveland—Increases Cash Dividend and
.
market'quotations (cost,
on basis of spe¬
$20,120,4671, $30,249,703; cash on deposit
under custod.an agreement, $1,681,671; dividends receivable, $92,113;
"receivable for securities sold, $119,234; receivable for subscriptions to
5,010 wharcs of capital stock,
$63,990;
cash on deposit for scrip
redemption and unclaimed dividends, $2,652; total, $32,214,369.
; ..
i
cents
Hdlly Development Co.—Earnings—
Declares Payment in Stock—Sales at New High Level—
ASSETS—Investments,
cific
at
purchased,
certificates
for
shares
2,343
and
expenses
unclaimed
of
own
miscellaneous
unredeemed
$35;478;
taxes,
The
accrued
scrip and
establishment
1
•
three
of
January
corporation
pany's
buying
Angeles.—V.
continue
will
offices
in
bulk
the
Chicago,
York,
New
168, p. 2007.
:*.v
A■
of the
—V.
taxes
company
Administration
N.
Y.,
for
for the
G-E
the
former
Years
Earns,
No
Air Force
will
major
furnish
Ended
view
is
fact
expenditures
was
company
paid
575,000
feet,
square
which
of
approximately
in
the
new
hospitalization
of
plan
1
-
known
the
the
as
Pensioners
G.E.
Dec.
service
the
at
time
their
of
released
General Motors
War
the
to
to
''
Spark
C.
A.
*.
•
Co.
Nov.
Flint,
at
had
it
10
:
■
of
J;'-'
■
York
Curb
be
basis
the
on
such
of
of
share
one
common
stock
each
for
his
electric
The
H'/>,
$10
of
output
Corp.—Weekly Output—
corporation
this
the corresponding week of
over
the
for
week
last year.—V.
ended
168, p.
Period—
Nov.
kwh.,
2007.
1948
1947
$86,950
revenues
$2,353,327
$50,417
,
Period—
The
the
for
revenues.™
168,
type
"cold
Akron,
company's
are
Oct.
i
■
$2,412,477
revenue
.
1947
,
$2,156,772
figures
has
is
used
limited
is
rubber available
directors
have
authorized
the
Nov.
(not
of
a
dividend
of
25
per
and
The
"4—V.
Sept.
10,
last,
following
tworfor-one stock split-up.
a
quarterly dividend of $1.12 Va P" share on the preferred
also declared, payable Dec, 30 to holders of record Dec. 15.
usual
Was
:
168, p. 2007.
the
"
Co.—Qukrt6rly Sales Increased 36%—
Quarter Ended Sept. 30—
Sa^s
—V.
___™_
168,
p.
1481.
1
:
:
-
.
1948
$4,511,527
improved
occupancy,
to $612,911
from
rev¬
in 1948.
to $229.-
$294,102 in 1946
1948, was $911,085 against $855,276 (adjusted)
,
the
the
to
>
which
handle
General
of
and
A.
meet
b£
the
Nov.
22
Period End. Sept. 30—
F.
J.
special
Rail
Tims,
stock
the
3,049
to
up
without
provision
revoke
are
Operating
revenues
;
9,
the
168,
Maintenance
t
and
as
'*
and,
p.
has
of
sition
Federal
Other
fixed
by
of
New
holders
of
the
that
168,
said
in
by
interest
corporation
V.
date
participate
income
taxes-
order
York
first
and
-
bonds,
Net
After
1,832,364
16.776
16,776
201,316
201,316
231,283
•2,279,898
oper.
$459,042
revenues-
income
(net )
$473,213
Dr 3,098
776
$5,145,696
$.4,499,390
Dr28,£33
$499,818
$470,115
61,328
53,254
amort.zation
&
Courier.")
,
and
$4,457,118
764,569
U.
S.
District
expiration of
Court
the
leasehold 7'."
time
sinking
and
clear
Jan.
stock,
of
of
certificates
under
of
deposit
plan of reorgani¬
said debentures,
the
1936,
3,
but
shall become the property of the
and
any
all
claims' and
interests.—
1947
1946
$2,693,793
$817,742
785.000
785,000
785,000
$1.25
$3.02
$0.63
sharc_™__
common
for
depreciation, bad debts, inventory shrinkage,
charges applicable to minority interests,
tAfter
regular annual dividend requirements at -the rate of
and
the
for
share
per
1948
$1,304,978
.
outstanding
the preferred
on
shares,—V.
168,
p.
1362; "
,: .The company on Nov. 3 filed a letter of notification with the SEC
for 1,000 shares of preferred stock (par $25)
and 200 shares of com¬
mon stock
par $10). Underwriter, Mohawk Valley Investing Co., Inc.,
Utica, N. Y. The offering price is $125 for five shares of preferred
Dr42,272
$5,116,863
the
the
Household Service, Inc.—Files With SEC—
V.
Balance
per
taxes
allowing
$2.25
*2,005,305
1,519.162
1,805,159
of
as
receipts
Court
after charges and taxes.
provision
Federal
1,346,832
133,543
("Hartford
mortgage
distribution
any
said
thereon,
free
shares
tEarnings
7,443,796
2,017,730
158,727
outstanding, dividends on
Iioudaille-Hershey Corp. (& Subs.)—Earnings—
$18,851,165
8,352,662
2,201,798
235.103
stock
1043.
p.
Common
131,306
A
the
powers.
stockholders.
225
District
the
confirmed
accrued
„
154,166
taxes
Other
-
193.333
___
the
bonds,
not
zation
of
plant acquiadjustments™
corpo¬
in'
of
limiting the generality of the stock
sinking fund requirement.
Stock¬
given
preferred
about
has been
1949,
after
shall
■
1481. ?,y
169,145
Depreciation
Amort,
659,768
of the
and receipts and certificates of deposit for the same,
may surrender the same in exchange for the 5'>
sinking fund income
debentures, accrued interest thereon, and stock of the corporation,
1948—12 Mos.--1947 :
$1,805,056 $22,004,260
742,281
authorizing pur¬
stock
the
of
previously
shares
Southern
which
'•Net profit
Earnings—
$2,014,403
____
___:
common
date.
company
May
for
and
Jr.,
assignments
May.—V.
1947—Month—1947
resolution
a
of
Harry S. Bond.
The consideration
cancellation of the entire indebtedness
Nine Months Ended Sept. 30—
.
on
shares
1,953
of
Hotel Waldorf-Astoria Corp.—Exchange of Bonds—
;
•
C.
"
Statistical Department since last
will
estate
preferred
are
The
yet due to the
the industry, he
Division.
Rail will
Mr.
appointment
Comptroller,
Statistical
the
also
within
671,423
share
one
168,
of
Proceeds
common.
will
be
used
for
expansion.—
1800.
p.
Houston Oil
99,229
.V
—
__
Co.
of
Texas—Earnings—
(Including
Period End. Sept. 30-
Net
income
Preferred
$416,861
$438,490
dividend
$4,552,294
$3,$86i466
705,500
•Gross
528,000
requirements
Oper.
I-
Applicable
*:
Common
to
per
to
than
company
filed
5
a
stock
letter of
(par
notification
$1)
1947
$3,333,391
$3,184,263
2,000,749
1,557,724
5,979,922
4,644,705
$7,679,218
131,008
$1,626,539
137,863
329,902
$5,036,217
264,402
deplet.
$2,475,557
$1,764,408
$8,009,120
$5,350,619
bonds, notes, etc.
67,687
67,687
203,062
203,032
_;
971
971
2,913
2,913
and depletion..^
£36,145
413,856
1,296,741
1,231,355
retired & aband.
FederalUnc; taxes (est.)
298,030
147,417
818,404
512,281
deprec.
for sale
to
with
on
and
the
SEC
of
for
and
debt
,
int.,
discount
expense
"Deprec.
existing stock¬
—v™__
avr.il.
Amort,
Prop,
and
1,000 shares for sale to employees. Price $35 to, stock¬
Stockholders of record Nov. 15 will be given
right to subscribe in ratio of one new share for each 20 shares
helcl.
Rights expire Dec. 15.
Proceeds will be used for working capital.
the
t
Net .profit
331,715
213,295
1,202,470
78s'699
;
$1,341,001
1,098,618
$4,485,529
1,098,618
$2,012,304
outstdg-.
$921,181
1,098,618
share
$1.22
$0.83
$4.07
$2.37
shares
Earnings
Harmonic Reed Corp., Philadelphia—Files With SEC—
per com.
v
The
filed a letter of notification with
stock (par 50C)1 to be offered
'per share. The stock will be purchased by a group of less
persons as an investment and not for resale. Proceeds will be
working capital—V. 166, p. 2210.
'
'
on
company
16,667
Nov.
of
shares
5
common
.
the
at
SEC
than 12
used for
V'
i
income
—V.
Sales 23.2% Higher—
1947—3 Mos.—1947
$3,8P.4; depreciation and depletion, $1,686,290; property retired
abandoned, $942,305; Federal income taxes (estimated). $1,513 771*
-expense.
jnet profit, $5,919,319.—V. 168,
Period End. Oct. 31—
Sales
Products
Corp.,
Galion,
—V.
Ohio—Filing
With SEC—
,
p.
Chemical
Corp.—New
Tons
-Net
Director
of
of
ore
tion
with
will
the
Heyden
Heyden
of
director
headquarters
handle
a
a
sales
plant
company
the
in
and
ating costs
distribution
of
grocery
products produced
there. The plant was acquired recently when the
purchased the assets of the Rumford Chemical
'.
Aiskin
is
also
Bainbridge,
N.
President
Y.,
alty and
a
all
—___
1946
1945
1,383,610
1,378,526
$9,635,753
$6,167,302
$4.21
$3.49
$2.24
share™
1,357,913
$4,25345$
$1.54
'
shares outstanding.
2,757,973
including
Ltd.—Earnings—
1947
1948
1,396,295
$11,610,457
administration,
taxes.—V.
168,
+Afler deducting all oper¬
depreciation, depletion, ore roy¬
1482.
p.
Rumford Co.,
and
a
director
of
Hygrade Food Products Corp.—$1 "Dividend—
dividend.of
A
•
stocks,
$1
per
Plastics
share
has
been
declared
on
the
common
to holders of record Dec. 1. This is the first
last year, when a like amount was paid. The
also distributed 25 cents on Sept. 10 and 50 cents
payable Dec.
15
payment
since Dec. 15,
coqipfmy
•
American
manufacturers of casein plastic, and a
director of the Nyal Co., nation-wide distributor of pharmaceuticals
.'through franchised drug stores with headquarters in Petroit.—V. 168,
p. 2008.
'
:*;
'
Corp.,
per
on
1948—10 Mos.—1947
$3,220,853 $24,429,709 $24,161,097
'
milled,..™
earnings
•'Based
V:
elected
by
Rumford
director of this corporation, has
a newly-formed organiza¬
Rumford, near Providence, R. I., which
Vice-President and
Simon Askin,
been
$3,356,972
1694.
9 Mos. End. Sept. 30—
(10c
Proceeds
1948—Month—1947
„•
168,
Hudson Bay Mining & Smelting Co.,
8 a letter of notification was filed with the SEC for 3,000
pan common stock.
Underwriter, Van Alstyne, Noel & Co.
go
to selling stockholders.—V. 166, p. 1683.
On Nov.
shares
1145.
Howard Stores Corp.—October Sales Increased 4.2%—
t
1042.
Steel
p.
1948—9 Mos.—1947
—$20,311,986 $16,483,850 $57,407,286 $48,304,012
168, p.
from operations, $17,428,914; operating and general
including taxes (other than Federal income taxes, $7,609,412;
from
operations, $9,819,502; other income, $516,817; amount
available for interest, depreciation and depletion, $10,336,318; interest
on
bonds, notes, etc., $270,750; amortization of debt discount and
:
and
Hecht Co.—Quarterly
earnings
•expenses,
$1.50
1,098,618
EARNINGS FOR 12 MONTHS ENDING SEPT. 30, 1943
- ;
Gross
"V
_„_e_
Common
2003.
168, p.
$9,730,922
$2,344,548
Amt.
holders
also V.
1948—9 Mos.—1947
$13,659,140
exp.,
holders; $40 to employees.
See
Co.)
oper.__
from
other income
reduction of
common
Line
taxes (other
Federal
Income
expenses on
Nov.
on
shares of
5,756
$4,345,298
opers.
general
Pipe
income)
$1.65
Jnt
The
and
Horn ton
1948—3 Mos.—1947
1,909,968
Hajoca Corp., Philadelphia—Files With SEC—
for
from
earn,
including
$3,158,466
$1.67
$99,229.
^Representing that por¬
redemption of bonds which is equiva¬
resulting reduction in Federal income taxes.—V. 168, p. 2008.
tion of premium and
lent
$3,646,794
2,182,820
______
outstanding
share___^_J
,
*After extraordinary
>
stock__
common
shares
Earnings
Works.
.
;
rate
of Sept. 30,
will
There
w
Gulf States Utilities Co.
Mr.
(A. C.) Gilbert
in
as
to
Unit—
share on the common stock, payable Dec. 10 to holders of
'record Nov. 24. This compares with 15 cents per share paid on June
stock
$98,809
$150,000 was spent in making imnew fire safety regulations and
and
"Earnings
25-Cent Dividend—
payment
1946
$24,250
of
1946
keeping
holders
an¬
rubber plants now are being converted
general-purpose rubber in increasing volume
announced
capacity,
new
Hey den
The
than
more
requirements
the company of
the
and
plant,
$2,105,537
1948
1947
$51,235
$59,150
Gerber Products Co.—Declares
cents
ing
rubber"
Ohio,
Vice-President,
Newman,
J.
2007.
p.
General
Sales
,r' 1947
shown in the "Chronicle" of
for the week and year to Oct. 21, 1948 and 1947,
31 period as shown).
See V. 168, p. 1902.
operating
1948
8,
10
the
James
—Jan. 1 to Nov. 7
Week End. Nov. 7
-
1948
■
of the new
made
at
rubber
Assistants
as
Hercules
Operating
year
meet
schedules
from
-purchase
special marking, Mr. Newman said, and will
regular salvs channels.
Production of tires in
Period End. Oct. 31—
Jan. 1 to Oct. 31
10 Days End. Oct. 31
'
.>
1948
Operating
1255.
p.
.1947
$67,243
increased from $479,180 in
from beverage sales is down
as
by
ration
Auditor, will be concerned with contractual matters and also
will handle special assignments.
Mr. Tim has been acting Manager of
Georgia & Florida RE.—Operating Revenues—
.
surplus at
ihe company, in the amount of $239,746. It is also proposed
,to amend the certificate of incorporation relating to provisions govern¬
1948 amounted to 159,383,139 kwh., an increase of 11,716,377
12,
to
stockholders
chase
General
for
or
distribution
less
earned
1948
divs
1947,
31,
The
Secretary of the Budget Committee, he will continue to have an
important part in that activity. Mr. Salzer, who was formerly Assistant
75,000,
General Public Utilities
of
total*, $877,140.—V. 1G8,
Proposes Acquisition of 1,953 Common Shares—
insurance
of
maximum
a
in. excess
1930
$303;5+2;
'
company loans made, and would in¬
authorized but unissued" shares of the
company, subject to possible reduction contingent upon a reduction
or extinguishment of the loan within specified periods.—V.
168, p. 1581.
of
amount
payable on Get.
$6,463; capital stock
tax
$410,143;
,estate to
Corp.—Three New Appointments—
tSpecial charge
15, 1949 to holders of record Feb. 9, 1949. This action, it was stated,
New York Curb Exchange on a date within five days prior to the
the options by any of the optionees. The options extend for
a period of 12 months from Sept.
1, 1948, with provisions for the pay¬
ment of 95',r
of the option price by 10 year notes, and also contain
provision for repurchase by the company.
: ;
t
;
Notice has also been received from the corporation by the Exchange
that as part of a pending loan agreement with two insurance com¬
panies the company will grant, conditional upon consummation of the
loan, a transferable and divisible option to the representative of said
^insurance companies, and his assignees, to purchase common stock of
the company at $5 per share or the book value of such stock as of Sept.
30, 1948, whichever is the lesser. The amount of such optional stock
volve
Dec.
no
improved
the
ol
Interest
the
face
Surplus
.
Government-owned
Salzer
In
x''
exercise of
""shall
treads
low-temperature
corporation
F.
Manager
has
Exchange
income
surplus,
this year,
indicating that expenditures for thirst pleasure has
sharply curtailed.
It is the common experience of hotels that
beverage sales arc off from 20 to 40%.
•
;
1949.—V.
Gulf Oil
C.
approved
received notice from this cor¬
poration of the granting to the recently elected President, Vice-Presi¬
dent in charge of sales, and General Sales Manager, as part of employment contracts, of options to purchase, respectively, 50.000 shares,
15,000 shares, and 5,000 shares of the authorized but unissued com¬
mon stock
of the corporation at the closing price of such shares on
New
(at
been
.
of
the
out
turn
The
•
the
■
(Dr)
increases
rooms
■-
Officers—
General Plywood Corp.—Stock Options to
Federal
prior lo
yews
bef. pfd.
Revenue
as
Mich.,
proift,
enue
'
retirement.
announced
Plug
in
distribution,
Through
the
1946
obligations
dividend
$55,084;
$300,000; warned
•iund gold
surplus
which was
government-owned industrial plant at Milwaukee, Wis.,
operated during the war by the A. O. Smith Corp. for the production
of airplane landing and tail gear equipment. It will be used to pro¬
duce military equipment.
The property (Planeer 220>
consists of about 3Vh acres of ground,
a
five-story building, to which the government built an addition, and
other improvements. The lease is to cover a period of not more than
five years. The property originally cost the government approximately
$2,100,000.—V. 168, p. 2007.
.
12,
Nov.
on
1948
Treasury
other betterments.
228G.
p.
.
line,
man-made
new
amount
during
Corp.—Subsidiary Leases Gov't Plant
Administration
Assets
leasing
value),
.provements
dis¬
that the directors had declared
share and the usual quarterly*1 dividend
per
production
through
Operation.
The
similar
A
15.
pointed out.
hoped that the experience thus gained will enable the continuance
protection through Mutual Benefit Associations ana insured
plans."—V. 108, p. 1901,
•
while
year,
164,
1948.
15,
-
tires bear
new
small
similar
■V
50
Nov.
S.
Nine Months Ended Sept. 30—
announced
16
manufactured
regular
which
of
Wilson pointed out that the formulation
hampered by
insufficient actuarial data
The
of
10.
being
are
the
on
It is
the
Nov.
on
Passenger-car tires with
now
Hospitalization Plan and Trust,
years'
payable;
reserve .for
par.
During the past
Cold Rubber Tires Go Into Production—
cost-free
of such a plan has
which would permit
reasonable estimates of what costs might be for this older group.
Discussing the duration and purpose of the experimental plan, Mr.
Wilson
said, "It is believed that the assets of the pensioners hos¬
pitalization fund will be sufficient to operate the plan for a few veers.
of
company
record
company
providing
plan will award benefits to retired employees with 10 or more
Mr.
last
,
pen¬
plan, which is retroactive to Sept. 15, 1948, will provide bene¬
fits for more than 7,500 retired G-E employees and will afford similar
benefits for all other eligible employees
retiring during the life of
the plan
•
■ ,-v./
Established as a trust fund as a result oi the liquidation oi the
G.E. Employees Securities Corp. announced a few weeks ago. the new
been
14,
share.—V.
per
U.
■
$9,000;
"Net
v,
stock, both payable Dec. 31, 1948, to
A similar special payment was made
on Dec. 31. last year.
*
y :
v W"
The regular quarterly dividend of $1.25 per share on the $5 cumula¬
tive preferred stock was also declared, payable Dec. 31 to holders of
the new
continuous
Nov.
on
$1.35
of
record
7-
again this year
machinery,
the
cents per share, payable
anticipates
plant and
company
of
$281,592;
Hotel Bond Co., Hartford, Conn,—Earnings, Etc.—
share on the common
holders of record'Dec, 10, 1948.
500,000
for
banks,
per
The
insurance
$377,148,
stockholders
■<-
dividend
a
special dividend of $1.50
a
Iof $1
has adopted a $5,865,827 experimental
hospitalization benefits for certain
eligible pensioners, Charles E. Wilson, President, announced on Nov. 11.
employees,
be
$1.83
improvement
declared
made
nounced Nov.
field
in
-407
be
Pioneering
To
$1.60
(B. F.) Goodrich Co.—Special $1.50 Common Dividend
Adopts Experimental Insurance Plan—
insurance
the
stockholders
to
tribution
feet is factory area.
sioned
20,
that
fcr
therefore
plant,
Rand
quarter.
1948,
dates of
;v;y:.'.
approximately
squaie
*$1.71
stock outstanding.
$30,357* in second quarter
BALANCE SHEET, SEPT,, 30,
$641,410
V.v.:':r'~
the
of
.25,
shares
350,000
$0.03
capital
$(>0,000;. marketable,'securities, at cost, $12,500; accounts re¬
ceivable, $-43,623; inventories; $20,056; investment in and advances to
.Wyoming-California Petroleum Co., $108,000; oil leases (after reserve
lor depletion of $498,400),
$61,658: wells and equipment (after re>erv'3 for depreciation of $709,173 >, $282,274; prepaid expenses, $7,445;
1946
$558,893
1948
& taxes
361,'41.6
$360,098
cost )„
.to
1947
41 $600 000
81—
charges
.____.
1948
used for the production of aircraft
propellers during the war and surplus since then, is a one-story fac¬
tory building with two-story ofiicc space in front.
Total floor space
Remington
third
in
V
y
($1
on
directors
■
The
228,568
$0.72
...
Dec.
share
per
large
for, putting the plant into
alterations are planned, the company
production facilities in the plant.
Department.
$9,220,719
605,8.-14
$1.92 _
Subs.)—Estimated Earnings—
(&
Estimated.
In
Plant—
Manufacturing is expected to begin within six to nine months when
installation of-equipment and machinery is completed.
It is estimated
that peak employment at approximately 1,200 will not be reached until
sometime in
IP*"
The plant will be a part of the G-E Apparatus
Corp.
outstanding
completing plans
are
condition.
The
$37,892
total,
Net earnings after
The
plant engineers
operating
1
.1946
500 Dividend—
manufacture special equipment
to
$0.04
LIABILITIES—Accounts
Air Force.
said.
'
facilities
expansion ol
an
$0.10
ASSETS—Cash
-y^v■
163, p. 1145.
Good Humor
that it has leased from the War Assets
Remington Rand plant in Johnson City,
announces
li" "
__
and
>;'
^
673,333
$2.13
_
share™
share—
on
900,000 shares of
named in first quarter,
>>$418
*$792
$325,957
$0,03
$342,379
tBasod
1945
$26,582
27,000
27,000
326,749
349,367
$410,143
4 Includes. $29,527
all-
1946
$26,208
$12,125
330,254
$60,776
surplus-
per
""Deficit.
'v
26.
new
a
profit after
in
General Electric Co.—Leases Johnson City
Nov.
on
1947
'$39,123,
27,000
,,
27,000
surplus
.tEarnings
cash
distribution will be paid in
the- close of -the -market
1948
$$37,776
surplus Dec. 31-
Total earned
=
the stock
sale at
Net
per
Balance,
Earned
disbursed in
1943
1947
sales J.™™-^™™™-™-! $18,675,678 $16,582,468
Earned
"i
of 36
dividends
was
year ended Oct.
31, 1948 reached
further announced.—V. 168, p. 1145.
was
Nov.
The
last
cash
-..A
„
fiscal
the
it
quarry cash
slw
per
Net
'
the com¬
Minneapolis and Los
;^v :
buying
its
cents
Nine Months Ended Sept. 30—
new
of
50
Sept. 30—
earnings
paid
Dividends
the common stock,
on
Globe-Union, Inc.—Earnings— ; - -., ? j.:^
*
The
in
time high,
Falls.
t
quarterly cash dividend of- 40
a
dividend
paid regular
of
extra
An
basis
-Sales
*
.•
regional offices in
Chicago, Minneapolis and Sioux Palls, South Dakota, for this cor¬
poration as the latest step in decentralize tion of merchandising and
operational functions, was announced Nov. 13 by B. C. Gamble, Chair¬
man of the board, and P. W. Skogmo,
President.
!
The Chicago region with Daniel G. Fowle as Manager will embrace
the states serviced by the Chicago warehouse.
The Minneapolis region
to be managed by Arnold G. Kirkness will serve the areas covered by
the company's warehouses at Minneapolis and ^loorhead, Minn.
The
Sioux Falls region under Lon D. Minier as Manager will encompass
the ureas served by* the warehouses at Marshalltown, Iowa, and Sioux
next
each,
the
von
•, -
Operational Functions—
declared
12
2stock
a
January, this year.
Fractions resulting from
.
dividends,
Gamble-Skogmo, Inc.—To Decentralize Merchandizing
The
share and
per
Previously, the company
$2,652; capital stock ($2 pari, $4,813,904; par
value of 107,920 shares in treasury, J9r$215,840; capital surplus, $25,308,599; earned surplus, $574,060; unrealized net appreciation of investments, $1,129,236; total, $32,214,389.—V. 168, p. 1798.
and
directors on Nov,
9 Mos. End.
Net
both
payable Jan. 3, 1949, the cash payment to holders of reoord Nov.
24, 1948, and the stock distribution to holders of record Nov. 26, 1948.
cwnts
payable
for securities purchased, $533,789;
capital stock repurchased, $32,491;
LIABILITIES—Payable
**
in 1947
10.
op
*
April
.
.
■-
.
■
announced on Nov. 15 that the corporation has, paid
principal of its outstanding first and, refunding mortgage
convertible 6'«
bonds, series A and series B, due Jan. 1, 1949, and
now has no funded debt. See V.
168, p. 1800.
It
in
was
full
also
the
12
(2120)
Illinois Bell Telephone
Period End. Sept. 30—
Co.—Earnings—
1948—Month—1947
1947
International Paper Co.
Operating
revenues
Uncollectible
$
15,664,514
154,662,422
125,431,916
48,192
28,357
383,517
258,908
rev..
Gross
17,181,587
14,579,627
15,636,157
154,278,905
127,885,810
112,090,888
1,523,113
16,891,612
11,542,735
883,161
559,828
9,501,483
1,539,385
633,573
373,066
6,988,861
"131,422
,.-.—.
Net operating
Net
alter
income..
charges.
•Deficit.—V.
.r—.
168,
Maint,
The United
States
the
Notices
and
of
sum
of
Trust
Co.
with
bonds
deliverable
be
payment of
Jan.
to
$21,000.
acceptance
April
New
of
1949.—V.
3,
rejection
1949,
office
purchase
103,377,780 341,828,092
will
mailed
cpupons
attached
Jan.
1949,
S.
interest
3,
with
will
and
and
10,404,372
Nov.
company
Net profit
RR.—Equip. Issue Awarded—The
awarded $1,000,000 equipment trust
17
bids
for
received
2'As;
at
Harris,
the
sale
Hall
&
tBalance,
"Earns,
Months
from
—V.
168,
taxes.:
7,426
6,420
83,459
——
...
Management fees
its
Income
——'
^Before
and
net
$158,803
759,882
sale
on
of
securities
of
$101,514
in
1948
1947.
8 305,859
has
been
gains
made
since
for
the
Federal
income
has
company
tax
elected
or
on
be
to
a
"regulated investment company."
BALANCE
SHEET,
SEPT.
30,
$3,675,973; investment securities at market quota¬
(cost, $58,177,315),
$63,787,075; current receivables,
$249,631;
$67,712,678.
total,
LIABILITIES—Dividend payable, $775,054; other current
liabilities,
$124,636; net assets I represented by 3,102,029 capital shares of $5
par),
total $67,712,678.—V.- 168, p. 1255.
-
$66,812,988;
A OTE—For
possible
order.
mechanical
it
reasons
is
to arrange
companies in exact
However, they are always as near
16,716,492
45,358,851
position
4,500,000
4,000,000
capital
1,500,000
Sales
Sept. 20—
"
12,213,492
36,858,851
35,535,535
$4.66
$4.63
$12.55
$11.92
$10.16
$9.79
$3.67
$71,942
$8,148
2,680,464
"Net
$3.37
Ended
from
from the sale
owned
•
and exps.,
'
t-
■
,
Balance'
Y'I
$2,367,578
1,754,201
1,401,387
'■ %•
'
.
$2,797,968
*1,897,965
excl. taxes
Sept.
investments
in
1948
stocks.....
&
seeur.
int.
SI,073,114
(jiet)
$1,043,767
$966,191
income
for Fed.
Prov.
Other
—
0r48,000
19,644
36,497
$1,025,114
$1,063,411
$1,002,688
353,908
income
corporate
Net
income
425,265
Net
taxes.-—T—v
<
,
u
,
5,634
,
373,908
;
17,481
.,,29,8,36,.
1.
shares
"Earnings
$141,085
151,136
141,085
212,089
205,130
net
"Before
and
realized
$97,185
in
gain
1947.
—
share
common
$0.71
sale
on
tExcludes
of
securities
$7,311
A
paid from securities profits.
in
(carried
SHEET,
books
on
SEPT.
at
cost,
offered
30,
per
accounts
taxes, $1,662;
payable
payable
net
and
for
1947
unclaimed
Service Co.
$10,112;
bonds, 3*4% series due 1978
ISee
issue
awarded
was
The
were:
Nov.
15
on
101.93 and interest.
of' 101.07999.
bid
a
—
Other
Salomon
Dated
Nov.
be
1
Corp.,
Bros.
& Hutzler, 100.1997.
1948; due Nov. 1, 1978.
Interest payable
office or agency of company in New York.
Nov.
at
redeemable
requirements
at
the option of
the
company
the mortgage as supplemented as
of
May
Bonds
pursuant
or
whole
a
by
operation of
the
sinking
owns
TO1
-OFFERING
will
to
the
at
like
540,000
600,000
scription
to
$1.01
$1.02
the ratio
of one-sixth
shaie
$15) are being offered by
holders of its common stock
of
share
a
of
additional
the
of
shares
for
company
record
Nov.
stock
common
kinds
be
must
received
York
ASSETS—
.
Cash
and
—...
is
1,114.529
97,338
by
(prior
Manufacturers
to 3
(New
p.m.
Co., agent, 55 Broad
Time), Dec. 2, 1948.
'
or
....
.
„
806,134
67,257
24,407
by
the
same
and
and
acct. receiv.
(not due within Isyear)
(High speed cigar machines on 'lease—
jigs, drawings, patterns, etc..—
tPatents and development
Goodwill, licenses, etc,..——
Prepaid insurance and expenses,...
3,115
36,966
5,155,162
2,292,467
363.002
"Tools,
364,827
433,117
...
517,415
1
1
76,031
19,399
shares,
and,
the holders
the
funds
in
103,866
net
to
its
Of
of
by
109.866
in
it,
into
which
an
the
not
are
and
net
in
or
proceeds
to
".ale
of
will
provide
the
be
3978
used,
of
is
gas;
(he
168,-
at
owns
been
permanent
the
Jan.
of
shares
1,
four
Preferred
shares,
to
as
protect
the
1948.
confers
which
upon
and
shares
the
commercial
and
and
shares
Common
$1
to
personnel
and
of
the
provide
for
of
that
as
but
the
term
rather
of
is
these
one
its
168.
n.
($1
of
assist¬
in
housing and
the
agri¬
TO
to
in
which
arrangements
in
the
in
engage
subsidiaries
have
housing field.
PRESENT
FINANCING-
Outstanding
750,000 shs.
__
250.000 shs.
—
10 shs.
par)
all
and
capital,
production
intention
objectives
EFFECT
par)
series.
East,
purpose
of
specific project
GIVING
and
any
company
to operate
as
an
defined
in
the
Investment
is
it
of
Near
investment
the
expansion
par).—
shares
company
enterprises
services
countries
and
fields, including industry,
scope
(no
and
broad
in
in promoting and developing business
commodities
undertake
dividend
*
/
business
Authorized
pfd.
cent
Special
—V.
21,
any
corporation
directly or through
of the voting stock.
general
to
in
either
50%
York.
Sept.
,,
of
intention
1940;
New
engaged
activities
Israel;
various
the
of
such
or
common
so
$1)
ipar
1951
directors.
into
Delaware
business
States
of
STRUCTURE
4—
None
4,999,990 shs.
250,00c
1800.
(F. L.) Jacobs Co.—Produces Coca-Cola
Machines—
Approximately
900
of
the
1,400
Coca-Cola
bottlers
nation
throughout
the
are now using Coca-Cola
bottle vending machines
manufactured
by this company, Rex C. Jacobs, President,
announced on Nov. 10.
Two
sizes
built
pre
of
in
holds
these
machines, a postwar product of the
company
Indianapolis, Ind., plant.
A small size machine holds
vending dium and 45 in the
*re-cooi, while a large
its
at
bottles
the
144
in
the
Coca-Cola
show
vending
bottlers
size,
drum
are
estimated
an
and
using
700
Mr. Jacobs
72
both
bottlers
in
said.—V.
the
sizes
using
pre-cool.
oi
the
the
small
machines, and
size, and 500
168, p. 2008.
Months Ended Sept. 20—
sales
:
Cost of goods
Selling,
admin,
Provision
1948
for
and
expenses.—
depreciation—
$3,914,469
2,232,578
:
general
1947
$3,094,373
sold.—
2,841,135
317,849
397,956
:
40,812
40,027
.
at
profit
Commission
with
-
Total income
funds
Interest paid
improve¬
Provision
the
company's property
or
to
expenditures made for such pur¬
Net
received
by the company, from the
and sale of the
1978 series bonds, rn amount
equal to the
principal thereof will be retained by the trustee, under the
mortgage
trust, pending withdrawal by the company under the terms thereof.
—V.
$423,027
—
...j—_J—_
.
Federal
6,143
income
„'
taxes
397,843
on
common
23,561
$739,019
5,112
4,694
160,775
282,808
$263,283
$451,517
$0.66
$1.13
___
—
'
share
per
168,
$715,458
$429,170
income
Earned
issuance
—
—....
_
for
..
foreign sales, etc.—__—
on
bonds
the
on Nov. 10
cent dividend
80
Jaeger Machine Co.—Earnings—
total
series
of
in
and- production
of
concluded
$80
Net
Citj
a
York,
cash.
to engage
company,"
least
CAPTITAL
3
shares
New
shares,
follows:
United
not
Co.
in
business
State
in
using the large
to
be
of
Chicago.—V.
adjustment
actively
than
as
and
enterprises,
Within
St.,
together
portion
a
acquisition
for
part
the
stock
to
additions
treasury
the
from
sale
common
board
1954
to
Trust
development, growth
Act
business
Some
subscribed
remaining
Ave.,
from
the
1,
subject
dealings in
the
Israel
It
records
agree¬
Sioux
representing
shares
purchase
common
operations,
construction
extensions
reimburse
poses.
entire
proceeds
shares
from
the
for
ments,
the
warrants,
1S43,
Israel
the
the
of
Gioss
derived
required
if
of
has entered
of
Company
price.
PURPOSE—The
638,280
market,
lower)
...
of
lor
17,538
(at cost
Gas & Electric Co., parent,
ment
w:t'n
the company,
dated Nov. 9,
agreed to exercise the warrants received
manufactured
Inc.,
250,000
cumulative
yet
engage
management
ing
in
each
Trust
York
City
207,882
(ap¬
—_
Inventory of finished goods
whichever
$1,169,716
1,700,334
cost
1947
$1,183,965
——,
acceptances receivable (current)—
receivable —;..J—-la——;
Accounts
Notes
30
1948
Marketable "securities, at amortized
proximately market) —A
Notes
SEPT.
A
.
banks
in
SHEET,
Sioux
Fifth
incorporation
are
to
between
State
it
other
principal
commercial
particularly
.
BALANCE
State
size
sub¬
10,
for
stock
common
Co.
preferred
and
organized
not
of
enter
proposes
and
is
property
to
26
of
held, at a subscription price of $15 ner
The subscription price together with the
duly exercised warrants
share.
New
(par
the
of
STOCKHOLDERS—109,866
511
share
being
was
certificate
The
It
notice
or
COMMON5
600,000
stock
no
proposes
1
improvement fund or the maintenance
and replacement fund provisions or
by the use of proceeds of released
property at the special redemption prices, the initial
special redemp¬
tion price being 101.93% ;• plus interest in each
case.
common
&
100.303;
cn
any time
part from tune tc time prior to maturity on at least 30
days'
notice at the general redemption
prices, the initial general redemption
price being 104.93',; ; bonds will also be redeemable
480,000
154,135
corporation
:n
$611,299
256,950
corporation
Cumul.
1,
$1.11
389,310
bids
at
cumulative
per
are
rate
The
culture.
First
600,000
deprec. & amorttz. of—
"§" under balance sheet below.
*
Boston Corp.,
101.0799; Otis & Co., 100.579;
Harriman Ripley & Co., Inc.,
100,342; Kidder, Peabody & Co.. 100.3099;
Glore, Forgan & Co., 100.3097; Equitable Securities
one
"Incl.
accrued
Halsey,
$3,000,000 first mort¬
at
Stuart-
as
may
be fixed by
convertible prior to Jan.
"investment
Bonds Offered
—
of
the
,
against dilution.
Registrar—Marine Midland
total,
$11,845;
•
Nov. 17 offered
on
sale
from
1945.
date
is
conversion
and
purchased,
dividends,
the
.
3 7.2:
Co.
offices
$25
dividends
powers.
at, market
$4,213,544;
assets Sept.
outstanding——_
share.
per
f;
•
securities,
securities
from
follows;
as
revenues
holders
1948
in
30, 1.748 (based on valuing securities at
market
quotations 1—equivalent to $25.62 per share for
the 212,089
scares of $1 par value capital stock
outstanding, $5,432,988; total,
$5,456,607—V. 168, p. 2008.
'
and
stock
the
the
LIABILITIES—Accounts
approximately
to
.
operating
gross
25,000.
connection
heating
share.
$5
Preferred
at
The
in
$10,310
1948
$27,060;
the
in 13
and
1,
250,000
par)
$0.69
$144,358
and
$3,598,962),
$5,456,607.
other
of
1948
1948,
and
wholesa'e
to consumers
steam
%
with
company
The
ASSETS—Cash, $1,215,403; receivables,
quotations
360,000
$608,310
Hampton,
Grove
at
31, 1948, Sioux City Gas & Electric
beneficially 403,545 shares
<61.2% )
of
Dec.
,
(no
644
1,
outstanding——..
per
$665,572
on
Ida
gas
the
of
as
at
43,959
757
1—_
——_
capital stock....
paid
shares
income
taxes——
City,
in
non¬
carbureted
Aug.
ar.d
of
series
$185,689
$151,136
dividends
record
stock
dated
The
4,00.)
43,976
_—T—_—
Dividends
Capital
——
follows:
from
retail
Charles
gas
as.
Israel Corp. of America—Stocks Offered—
$181,680
upon
Tot'al
at
.
balance
1947
$195,869
——————I._
—
•
about
the
2.8%
natural
natural gas; 1.5%
from
from the sale of water.
of
1303.
P.
30—
—
or
——'
sale of
011
'
K
and
sells
in
gas
purchases
about
tc
"'\
•
purchased
said
period
butane-air
also
UNDERWRITER—Halsey,
$195,869
Common
and
$2,971,079
*Cost of sales
service
•
farms
rendered
1948, produced
It
-
9,250
it
the
of
part
over
1948,
gas
of
and 0.3%
of
common
trust
income
tCash
2,359,430
—
Total
Profit
$117,504
2,899,137
.....
Royalties and rentals
and
It
company
were
derived
sale
of
electricity; 14.0%
water;
to
company
($15 par).
All of said
shares are
pledged with Commercial National Bank & Trust Co. 01 Nov
York, as
trustee under Sioux City Gas & Electric Co.'s
mortgage ar.d deed of
America—Earnings—
taxes
received
1946
propane-air
Waverly
Iowa.
the
hot
2008.
p.
Iowa Public
1947
in
and
population of about
7-0%
!
■■
4,500,000
13,302,414
Stuart & Co. Inc.
Co.—Earnings1948
31,
and
produces, distributes and
Waterloo;
and
ail
CONTROL—As
shr...
com.
received
General
The
International Cigar Machinery
requirements.
July 31,
(he
7,588,867
'
•
costs
Expenses
gage
Nine Months Ended
customers
central
and
July
Co.;
also
system
company .ells' water in two municipalities
and, in
its electric business,
sells steam
and
hot. water for
consumers
in several
municipalities.
Foe the 12 months ended
cf
2,000,000
i.
not
possible.
as
79,857
north
of
The
43,124,402
v
always
alphabetical
alphabetical
about
and
communities
As
Natural Gus Co. and sells it at retail
municipalities in Iowa having a total
publicly
1948
ASSETS—Cash,
212
Northern
small
price
BALANCE
tions
western
energy
requirements during
Sioux
City Gas & Electric
in
gas
Sheldon,
14,054,469
46 373,512
43,623 ,707
€7891,624 Cr2,662,023 Crl,735 ,144 Dr3 249,110
Total
•/;.
provision
unreal.zed
or
$731,613
775,055
_——
realized
uroi'it
in
NOTE—No
realized
$869,244
——;
—.
Co.
companies.
company
earlier
"Net
Dividends
the
about
electricity.
electric
from
water
26, 520,808
15,910,790
1947
$821,493
83,516
Expenses and general
of
res.:
curr.
Months
Interest
1948
affiliated
G.426 ,780
of
energy
Independence
Investment Co. of
$960,186
30.6%
240,051
for¬
surplus
per
Dividends
Sept. 30—
dividends..„_j.———
982,158
21 .323
per com. share
(after above reserves)
Halsey, Stuart & Co. Inc.,
(Inc.), 98.76 for 2%s.—V. 168,
Ended
cash
8, 057,367
737,,198
50,000
,lEarns,
Incorporated Investors—EarningsThree
9,132 ,292
297,395
16,802,414
assets nt
'•
Income
66.6%
2,787,293
24,453 ,1G3
to
Electric
.
7, 328,863
8,278,139
of
with
&
the
in the territory served.
;/.
company for the 12 months ended July 31,
of Its electric
The
profit
Nine
(
service
8,663 ,041
3,556,234
Delaware
in
purchase, production, transmission,
electricity for light, hefit and power to con¬
serves
territory
2,781,332
2,631,460
sale
It
in
29,472 customers
23, 598,620
State
from opers.
inventory
adjustments
For repine, of
were:
Co.
29,727 ,570
8,137,818
For
May 1, 1949, to Nov. 1, 1958.
Other
this
engaged
portions
Iowa.
3,200,153
246,451
11,856
taxes
Approps. toward
interest cost to the company of about 2.528%. The certifi¬
cates are dated Nov. 1, 1948, and mature semi-annually
P- 1902.
7,903,679
incorporated
was
with
"Net
banks, led by Mercan¬
tile Commerce Bank & Trust Co. and
including First
National Bank, Boatmen's National Bank and Mississippi
Valley Trust Co., on their bid of 99.85 for 2V2S, a net
99.38
in
3, 186,547
from
group of St. Louis
a
4,084,,744
is
and
over
3,097,869
Terminal
certificates to
sumers
20, 336,283
The
Extraordinary items
Illinois
distribution
159, 349,191
ad¬
oth.
eign income
1,075,788
BUSINESS—Company
Iowa.
company
electric
taxes
Canadian
1903.
p.
1,392,965
...
Federal
187,079 ,295
27,878,,979
of
services at cost to the Sioux
City Gas
other companies outside the
system.
304,279,264
State of
...
income
against
accrued
on
together
8,149,966
expenses-
Depletion
1948,
28,
54,443,485
9,906,344
—
and
Interest
U.
Dec.
on
exuenses
ministrative
Depreciation
accepted.
trustee
the
price thereof
168,
be
be
subsequent
and
of
will
63,675,863
AND
1927.
State
The
and
Selling, general
Bonds Asked—
York,
offers
Lowest
or
1,
the
at
the
118,615,941
mate¬
repairs—
(other
than in¬
come taxes)
Outward freight and de¬
trustee, 45 Wall St., New
York, N. Y.i will not later than Dec. 27, 1948, receive proposals to sell
to it 4%
gold bonds, due April l, 1952, to an amount sufficient to ex¬
haust
102,473,579 339,336 ,418 301 957,818
904,201
2, 321,446
2,491 .674
Taxes
livery
Illinois Central RR.—Tenders of 4%
>■"
117,946,680
669,261
Total sales & oth. Inc.
Pulpwood, labor,
rials, etc.
1582.
p.
'
discts..._
income—net
21,
Company is a public utility operating wholly within
Company has a
small
subsidiary,
Nebraska
Public Service
Co., which is a gas utility operating within tl^e State
of Nebraska.
Company also has an interest in Penn-Western Service
Corp., which
is
an
approved
mutual
service
company
rendering
the
$
125,173,008
13,553,216
1,718,799
—-
and
HISTORY
March
1948—9 Mos, -1947
$
sales, less returns,
allows,
Other
Operating revenues
Operating expenses
Operating taxes.—
(& Subs.)— -Earnings—
1948—3 Mos.-r-1947
$
$
17,229,779
,
oper.
Period End. Sept. 30—
1948—9 Mos.
Mos.—1947
$
shares
_
1256.
p.
in
Total
.A...
$9,835,787
$6,385,889
LIABILITIES—
Accounts
Accrued
Deposits
liProv.
Account
3%
liabilities
conversion
payable
to
fund
;
...
affiliated
debentures
stdck,
no
par
value
1947.
1949-56)—
in
SUnder
600,000
shs.)
for
reserve
1951
irom
$335,459
of
in
Jan.
to
1,
books
"cost
of
at
between
was
■
Rufus
entitled
8316,567,
1948.
of
as
sales
Jan. 1, 1949.
Treasury tax
3,027,316
1948
$411,838
for"amortization
L.
until
This
Sept.
and
payable
of
in
and
1948
$6,385,889
$230,983
and
$1,065,894
in
30.
1948,
1948
1!After deducting
and
company,
been
entire
168,
p.
and
consisting
tions
$4,561,071
making
instalments of
recorded
amount
the
on
$8,333
com¬
charged
payable after
of
U.
S.
Period End. Sept. 30—
revenues.
ry.
from
opers.
Inc.
avail, for fixed
Net
income
—V.
168, p.
1948—Month—1947
line
for
and
1948—9 Mos.—1947
transmission
distribution
line
substation
and
of
1948,
1949.
property
additions,
distribution
total of
$25,147,777.. As additional
funds
3%
series
series
due
due
series
,
GIVING
EFFECT
TO
1976
"
pfd.
stock
"Unlimited
earnings
and
to
($.100
par)
per
chgs.
769,065 shs.
supplemented!
remainder
of
a
bank
loan,
are
dated
annum,
and
mature
serially,
one
each
1,414,994
2,468,273
65,343
1,129,439
2,145,640
preferred
1362.
$10,114,948
$9,911,188
139,530
1,973,438
3,299,806
Gross
Int.
deb,
and have
($100
par);
the
not been designated as
$420,999
$429,821
Dr815
1,102
6,779
$33,106
$422,102
$436,600
P.
Other
C.
95,991
85,167
stock-
Co., Ltd.—.
chgs. (net)1
inc.
150,416
•
f
8,410
7,097
1,611
1,044
25,139
10,580
income———
$20,926
Preference dividend requirements
$24,964
$300,972
$340,854
Net
148,739
134,053
surp.
$152,232
$206,800
shares—_
$1.13
$1.53
——
Balance applicable to common stock and
per
common
share—135,000
1583.
End. Sept. 30—
remaining
to series.
57,500
shares
Corp. (&
Subs.)—Earnings—
1948—3 Mos.- -1947
1943—9 Mos.—1947
$
Sales and
Inc.
oper.
from
Prov.
112,914,610
operations.—
19,730,131
for depr.
Interest
Fed.
inc.
Loss
on
mond,
Net
revenues
& deplet.
charges
sale
(est.)—
of
Ind.,
315,468,616 253,510,644
234.782
47,623,935
36,138.945
101,703
12,573,150
8,886,286
230,597
1,311,976
,923,000 "12,036,000
1
4,979,482
outstdg.
20.249,317
2,476,502
share
2,476 502
$3.39
$1.86
711,921
9,858,000
1,453,492
8,757,416
2,476,502
$7.73
Common
shares
per com.
unissued
"Alter
of
'
&
724,549
est.
income
giving
"5,564,000
Ham¬
real
Earnings
are
4,972.801
435,914
taxes
cumulative'
stock
$33,921
$30,947
income
on
J.
■
six
100,264
$899,119
'
128,333
331,167
-
Period
42,096
70,558
143,333
——:
42,500 shs.
aggregate principal amount but limited
by property,
provisions
of
the
mortgage, as
l%%
10,833
ac¬
Jones & Laughlin Steel
1946, are payable to Commercial National Bank & Trust
Co.
York, are each in the principal amount of
$100,000, bear inter¬
the rate of
cruals
800.000
*42.500 shs.
800.000 shs.
_
other
the
264,052
9,814
221,970
112,469
12,500
reserve
—V, .163, p.
months, beginning Dec. 24, 1948.
Interest on the notes is
payable
quarterly and payment of notes may be
anticipated at any time.
*The 42,500 shares of 3.75% cumulative
preferred stock constitute one
series
of
a
total
authorized
issue
of
100.000
shares
of
$945,329
Retirement
3,000,000
par)
evidence
1,032,557
19,377
6,792
—
3,500,000
24,
New
at
as
notes
stock
.($15
$2,005,179
1,311,950
13,693
_
__:
Earnings
$13,750,000
®
—
$800,000
cum.
Common
Taxes'
FINANCING*
Outstanding
—"
1
1978..
YNotes
3.75%
est
PRESENT
Authorized
1977—
due
and/or from the
1948—12 Mcs.—1947
$2,210,722
95,362
additions,
1351,
required, they
Subs.)—Earnings
.116,080
approximately
are
(&
1948—Month—1947
$180,233
$169,308
Dr221
1950
additions,
substation
resources, from borrowings
additional securities.
First mortgage bonds:
of
America—Earnings—
during
expenditure
11,280
Ry, operating
Net
rev.
a
tThese
1043.
the
revenues.—_
Operation
Maintenance
approximately $14,126,119 for improvements, and addi¬
electric
generating stations,
approximately
$3,863,222
for
proceeds of the sale of
28,
being
for
may be provided from cash
3',4%
Feb.
call
approximately $1,866,257 for additions to gas properties and approxi¬
mately $731,108 for miscellaneous additions.
Company's cash construc¬
tion budget contemplates the
expenditure of approximately $7,914,221 in
1943, $6 000,090 in 1949. $5,900,000 in 1950 and
$5,333,556 in
23%%
to
Period End. Aug. 31
Operating
of
transmission
June
International Rys. of Central
to
1951 to a percentage
By supplemental agree¬
Estate
plans
company of approximately $25,147,777
1951
for
the construction or
acquisition
CAPITALIZATION,
the
including the $216,667
cost ($200,000 in both years)
notes.—V.
and
EXPENDITURES—Present
the
the
expenses"
anticipation
$142,871
by
28.
monthly
has
the
in
are
made, they will be used as the basis of withdrawals
held by the trustee to the extent of 60'% of the cost or
fair
whichever is less, of the property additions of the
company.
CAPITAL
'
Patterson
Feb.
in
transaction
'• 64,347
1,200,000
•
Estate
fixed
was
•
$9,835,787
of
depreciation
ment
pany's
1,000,000
...
3,414,922
1947,
contract
a
Patterson
—'
1,200,000
the net profits of the company after taxes.
dated Sept.
15, 1918, the amount clue
of
.'
356,690
303,563
64,347
(issued
depreciation
reserve
lAfter
$1,081,854
the
305,103
121,440
4,250,000
....
for
reserve
tAfter
81,596
._.
Total
•"After
in
6,100
...
Jamaica Public Service Ltd.
additions
cash
value,
326,500
1953-60)
Earned surplus
1947.
110,344
taxes.—..-
(payable
to banks (payable
contingencies——.
for
$25,877
company.-
payable
Reserve
Com.
§$363,531
expenses*
Federal. Stale and other
sinking
Notes
accrued
contracts.:
011
for
and
machine
cigar
As
of
payable
effect
to
estimated
reduction
of
Hammond, Ind., real estate.—-V. 168, p. 1800.
16 682 733
476' 502
2
$728,000 due
'
$029
to
sale
*
Volume
168
THE
Number 4753
COMMERCIAL ; &
FINANCIAL
CHRONICLE
(2121)
13
'
Kaiser-Frazer Corp.—Purchases Steel Furnaces—
/
Edgar
Louisiana Power & Light Co.—Earnings-
F.
Kaiser, General Manager, on Nov.
17 announced that
company has entered into a contract' with the Phoenix-Apollo
this
$teel Co., tp . purchase the assets of their Phoenixville, Pa., plaint.
contract will become effective Dec. 31, 1948,
This
Kaiser
tories,
of
estimated
improvements
the
that
and
purchase
Phoenix
the
including
price
Bridge
Corp.,
inven¬
in
be
to
excess
substantial
for
portion
automotive
the
of
its
of
pig
and
use,
bartering which
Phoenixville
supply into
eliminate much
been
forced
to
do,"
K-F
enable
the
of
Mr.
turn
to
semi-finished
iron
will
have
we
will
plant
products
costly
present
stated.
Kaiser
^
mill.
The
present
finished
Present
and
plans call
the
facilities,
Mr.
David
will
head
The
past
for
with
the
output
the
the
of
steel
the
plant
is
about
direction
Manager.—V.
of
168,
of
of
Clyde
others....
oper.
revenues..
retaining
Operating
Other
expenses.
1,951,663
Gross
Intciest
Steel
fr.
ry.
to
operate
has
it
as
in
Not
the
Vice-President
'
Net
accruals.
tax
157,000
oper, income.
ry.
$1,157,010
$927,429
$9,917,047
$7,678,966
Br)„_
159,323
163,587
1,336,505
905
64,634
47,188
$757,937
$8,515,908
$6,013,487
$990,392:"-
value
par
The
Nov.
on
16
stock
common
authorized
on
approved
two-for-one
a
stock
common
proposal
a
1
increased
was
904.098 shares, and the
outstanding stock
800,000 shares.—V. 168, p. 2009.
:A',- /
to
from
from
452,049
400,000
shares
shares
>,y/ Y
Keystone Steel & Wire Co.—New Stock
Annual Dividend Basis—
25
the
16,
per share on
split three-for-one
to
AY A A
168, p.
Placed
$1
on
Nov.
50 cents
2009.
29.
Prior to the stock split regular quar¬
25 cents extra had been paid.
share and
per
'
.
directors
Nov.
26.
the
war
equals the dividend
Distributions
10
and
Sept;
A;
share.
per
year-end dividend of $2 per
Dec. 10 to stockholders of record
shareholders
17,000
reported.
June
declared
16
A, gain
of
a
stock, payable
brings to $3.50 per share total payments in 1948 to the
This
than
more
Nov.
on
the .capital
on
of
and
rate
50
for
of
cents
10%
the
1941.
John
time
D.
were
during
Biggers,
made
dividends
1947,
was
reported
President,
March
on
10,
totaled
paid
the
over
since
or
Yy'
sales
in
first
each
10, this year. In
vL AA; 'AAthan
more
The
the
$3
AY
y
first
10
Manufacturing efficiency due to large investment in new machinery
plant improvements since the war has enabled the company to
prices
for
close to prewar levels
commodities
and raw
all
168,
Lion Oil Co.
9 Mos. End.
•Net
(&
below
far
as
of
1948
ing
will
to
tain
in
585,153
charges
$4.13
$25
has acquired
15
to
7%
The
Mr.
operating
Swern
staff
will
taxes
Interest
was
the
With
SEC—
"The
company
signed
in
that, this
by
-■
■
Nov.
in
Samuel
ended
Nov.
15
approved
permitting
the
preferred stock
share).
The
part
a
preferred
13,
kwh.
the
on
On
the
2009.
p.
able
25,000
Company will
and
all
remain
other
unchanged.
executives
and
of
investors
a
(par
substitution of
value $25 per
the
of
stock
A* Period End. Oct. 31—
Railway
.
.
Attorney
of
the
&
."
Shares
Price at market.—V.
1948—Month—1947
oper.
revenue".
$1,804,314
expenses.
1,084,256
rev.
Other
$10).
are
(a)
preferred
preferred
included
in
the preferred shareholders and
of
voted
in
voted
General of
B
begun
in
favor.
in
the
the
On
favor.—V.
the
y
.
.
A
fr.
ry.
Income
837,497
15.
Nov.
Railway
*.
facil.
59,474
8,179,341
$7,222,988
$5,140,682
144,009
2,090,421
1,375,200
'
92,209
772,064
812,923
Net
~V.
income.
$450,084
$336,892
$4,360,503
$2,952,559
111,567
101,551
1,146,279
878,689
17,407
17,099
168,120
92,039
rents
ry.
168,
oper.
(net
Dr)
income.
$321,110
$218,239
$3,046,104
of
3 Mos. End.
•Net o;l
Adm.
Sept. 30—
expenses
exps.i
lease
taxes,
'leases
doneci,,
1948
;
Mr.
Leeds
Profit
Deprec,
Net
and
727,956
412,206
$1,862,292 ^ $1,187,856
80,5011 ,
75,224
$1,095,626
$671,340
79,163
251,823
.
y
.
voting
Office
of
profit
A
Earnings per share.....
action
seeks
5,
United
States
States
District
for
the
stock, of
Court
return
this
of
company,
against
in
control
Alien
with
stock
V.
the
of
the
latter,
his
of
complaint
that
the
corporation,
Department of
Light-Co,
&
belong
the
which
shares,
had been vested
Justice, pursuant
■
-AA
Y
<
,y
-
beginning
be
may
the
of
126,
heirs
A\;
,.Y.
'• v
A
■
.
Curb
York
New
out.
(New
1
'
'
the
Nov.
company on
81,250
for
Marsh
of
shares
York
"Journal
of
Commerce.")
I
'
on
to
common
be
stock.
common
allowed
Inc.,
to
The
stock
cn"
Dec.
to
will
basis
carry
''
■
(less
$1)
be
Sell.
&
adm.
expenses.
depr.
Operating
Other
profit
bonds due
next, at
1,
on
these
of
13
income
for
New Auto¬
—
top
operations was announced
,A" A'A,:
A/'
processing
YY'
-
.
the luster and "hand"
production and high-quality
improving
maintaining
this company.
by
has
through
the
Instrument
Brown
Co.—V.
168.
p.
2010.
Ste. Marie RR.—Places
Sault
St. Paul &
New Equipment Orders—
C.
placed
-—40 Weeks Elided—-
$7,987,470
to
Grout,
for
has
President,
additional
9
diesel
announced
freight
orders
that
locomotives,
2
diesel
have been
switchers,
gondolas, 250 box cars, and 20 covered hopper cars to be assigned
the
Wisconsin Central
district of
the Soo Line System.
These
orders, together with the freight cars and diesel locomotives previously
announced, complete the Soo Line's equipment program for 1949. which
consists
of
15
diesel-electric
freight locomotives,
4
1000-h.p. diesel
switchers,
A£.299,868
the
uled
i
all-steel
550
box
cars.
All
$7,755,579
Gross
income
$3,130,171
Int.
&
exp.
$2,934,303
$8,158,645
of
for
200
cars,
gondola
cars,
and
573,960
1,775,296
1,448,512
114,781
323,844
286,952
896,975
889,782
2,395,719
2,487,207
2,199
562
Cr33
11,433
$1,360,334
$1,355,219
$3,663,819
$3,821,438
151,767
153,718
381,069
384,294
/
diesel
by
delivery
1949,
the
list
quarter of
locomotives
which
at
are
$0.34
A
sched¬
the
time
have 52 diesel locomotives in service.—V. 168,
p.
Soo
1905.
interest
Minority
Minnesota
Mining
&
Manufacturing Co.
Subs.)—
(&
Earnings—
funded
on
'& State inc. taxes.
Fed.
Net
earnings...:
Divs.
pfd.
on
1948—Month/1947
Period End. Sept. 30—
sales
Net
•Cost
1948—9 Mos.—1947
$23,563,144 $79,841,184 $68,550,239
$28,201,432
22,369,448
19,332,845
$5,831,984
sales
of
shares
.
Net
profit from opers.
Other
income
$4,170,299 $15,113,688 $12,470,938
203,582
479,953
827,892
shs.
$1,208,568
$1,201,501
$3,282,730
•$3,437,145
shares outstdg.
for
707,784
707,458
707,784
707,458
share..
$1.71
$4.64
64,727,496
56,079,301
Earns,
com.
per com.
•Did
199,397
in-
not
include
capital
of
gain
-
■
$1.70
f
$771,152
'•
after
income
sulting from the redemption of marketable securities which
directly to surplus.—V. 168, p. 745.
taxes,
was
$6,031,381
$3,634,381
divs.
earned
The
on Oct. 29 filed a letter of notification with the SEC
shares of 5% first preferred stock, to be offered at par ($20h
will
ceeds
Guardian
be
used
company
as
a
for general
on
first
Corp.,
corporate
filed
date
same
5%
of
bonus to
Securities
(no
preferred
San
Francisco,
letter
a
Calif.
Pro¬
purposes.
stock,
of
to be
employees only.—V. 167, p. 850.
per
A;
notification * covering
offered
at
par
($20)
$419,517
$0.14
YY"
general
'
AA
Period End. Sept. 30—-
oper.
1948—Month—1947
$9,427,775
revenues
$8,658,549
39,459
Operating
Operating
revenues..
$9,388,316
Operating
expenses
Operating taxes
7,798.296
804,934
$82,890,144 $71,017,110
382,216
236,630
expenses
Federal
Cther
taxes
income
charges
operating
163,
p.
08,624,727 $82,507,928
7,309,920
744,541
$70,780,480
Net
68,289,659
57,015.179
Other
7,532,433
company
Co.
has
and
$785,086
$570,266
$6,685,836
$5,913,484
649,100
530,035
5,781,765
bi.ood
1,222,0 (6
98o,14^
1,098,762
::,r"
942,000
revenues...
$242,259
$173,073
A/ 42
$2,598,212
5,374
$2,427,979
10
$242,269
$173,115
$2,603,586
$2.428^997;
oper,
income.
Int.
income—
and
other
signed
Mutual
its
agreement
Life
with
Insurance
Co.
the
of
325
:
A, 82,480
821,469
776,329
$90,635
$1,652,668
period—
$1,782,117
266,856
A_A—; /.A-.'..—
$1,515,261
$1,385,812
57,769
—v.
Metropolitan
New
York
taken
needed
to
complete its natural gas
Kans.,. field to Detroit and Wisconsin. The
for
income
$184,500
stock for
the
the
pipeline
company
down
borrowings is
into operation.
start
to
million
cubic
feet
of
gas
a
one
year
day. See also V.
after
168,
the
p.
2009.
16J, p.
Y"
the
AA v.:Va';;
1695.
Life
pipeline
actually goes
Present plans call for the line to be
complete in time for the 1949-50 winter heating season and for gasto be
flowing' one .year from now. Capacity of the line now is set
for
.^018
deducts.
Pipe Line Co.—Concludes Financ¬
$12,000,000 and during 1949 is expected to
the balance of the funds provided by this 20-year loan. Amorti¬
of
=
YA
'
5,762,930
financing
from the Hugoton,
up
-
7,851,817
ing for Completion of Natural Gas Line—
use
168,
"Ay'yA A ""AyAIy:
A 80,000
retire-
•:
has
::
95,416
reserve
100,319
———y
of prop,
.
already
'Av'VAA:;Y' yy
$4,30
expenses.—Vs
1695.
Michigan Wisconsu
$66,000,000
$4.64
administrative
approp.
taxes—A:-
Deprec.
Gross
after
1.951,530 Y 1,951,530
1,951,530
$1.43
and
•
$9,058,641
$8,381,830f
Y' :y A A-v.y Y/yA'
1948—Month—1947
1948—12 Mos.—1947/
$1,335,062
$1,168,819 $15,823,507 $13,841,943
746.753
729/>4<i
9.205 wo „ 8,085.64-;
150,315
104,263
1,698,507
1,401,174
revenues.—
Operating
1948—9 Mos.—1947
33,822
rev._
$2,785,881
•
Mississippi Power & Light Co.—Earnings—
Period End. Sept. 30—
Uncollectible
_.AA
,
Michigan Bell Telephone Co.—Earnings—
Operating
$8,381,830
300,000
1,951,530
$1.81
sh._
selling,
849.
4.917,000
1,358,641
'
outstdg.
common
•Including
p.
6,235.000 "
100,000
value).
par
Earns,
$13,298,830
$15,593,641
com-
$3,534,381
Common shares
company
for 3,376
Underwriter,
$2,785,881
paid
on
stock
Mercantile Acceptance Corp. of Calif.—Files With SEC
1,588.000
taxes
income
Preferred
$4,373,881
2,397,000
"
inc.
state
&
Net
re¬
credited
taxes
come
Fed.
Amt.
zation
/Includes other Income of $244,598 in 1948, $85,181 in 1947, $458,409
in 1946 find $87,324 in 1945—V.
168, p. 1583.
'
'
'
°S4.86
earn,
Common
(net)
income before
Net
Insurance
$1,016,466-
covered
35
;
freight equipment and
new
Line System will
$3,055,447
720,047
150,616
Depreciation—.
,
$1,781,788
$1,112,632
'
$0.59 A $0.37
on
two
Minneapolis
the
112,418,171,175
85,344
.
system
while
and .other
system
made
stock.
$2,821,885
$3,044,327
Co.
ex¬
holders
Oct. 3,'48
Oct. 5,'47
Oct.-3.'48
Oct. 5,'47
$26,374,048 $21,547,379 $65,432,726 $53,586,642
21,948,432
17.537,808
53,934,858
42,942,766
1,380,789
1,187,686
3,510,398
2,888,297
-
disc'ts).
168,
electric timers, one for the steam cycle and
one for the.vacuum cycle.
These are connected to energize the vacuum
timer
as
steaming time ends.
Distribution of the system will be
the SEC
with
holdings
their
Masonite
16 Weeks Ended
bef.
been
control
fabrics
textile
output
(& Subs.)—Earnings—
A
sales
also V.
See
16
automatic
An
of
—
H.
of
distributions.
1948,
1,
trustee,
100
sales
referred to
outstanding first mortgage 4%
called'for redemption on Dec.
remaining
1950, have
interest.
The
will
stock
(par
exchange
share of
one
(The) Mead Corp.
Period—
A.'
the right
"ex-distribution."
"distribution
a
the above
of
Minneapolis-Honeywell Regulator
*
registration statement with
a
par)
Products,
eight shares for
•
and
Nov.
}
filed
5
(no
Wall
Marsh
•
on
matic Control in Textiles Announced—
Masonite Corp., Chicago, 111.—Registers With SEC—
The
'•;
k
<
immediately the full redemption price, plus inter¬
by presenting said bonds to the Bankers Trust
Wall St., New York. N. Y.
> %
On Aug. 2, last, the company had called for redemption on Dec. 1,
1948, only $2,772,000 principal amount of the first mortgage 4% bonds.
—V: 168, p. 548.
YY-AKi■:
1364.
p.
•
•
■
Exchange
Holders may obtain
est
Co.,
of
pointed
par
13,
Nov.
only
made
made
the
of
1,
100'/a
to
rep¬
in
to
stock,
common
Act
Enemy
:
!;
has
Minneapolis Gas Light Co. (Del.)—4% Bonds Called—
All
June
within the United States held by Mr. Leeds
John A. Pulvermann, Sr.,
and Edward F,
Pulvermann, German Nationals, Wilson, Frutken and Waldie, attorneys
behalf
,
.
2010.
the
it was dis¬
Leeds, Presi¬
brought by George John
declaration that the shares
a
Property,
the
.I
the following
Securities
on
that
receive both
shares
1,750
Leeds—constitute property
.
.
stockholders of
to
.
Power
capital stock held,
ruled
p.
J.—President
the
by virtue of Vesting Order No. 1186,
dated Aug. 20, 1948, it is pointed out.
According to the Vesting Order,
the vested
shares—although registered in the name of George John
Trading
The
■
1948,
$2.25.per
of
dividend
a
1,
Commission
Wisconsin
1945
$1,111,733
732,464
.
957,919
deplec.....
1946
$1,850,494
28,188
rents,
_____
$1,959,442
26,909
.abaiK'. ;
Dec.
450.
p.
Exchange
of
Committee
Not
39,122
etc.
>
305,539
-
share
to
(voting)
The
asserted
resent
—V.
—Earnings—
1947
$3,125,750
A
declared
payable
168,
Two sharer of Public Service Co. of Indiana, Inc. "new" (splitup)
common stock,
without par value, for each 15 shares of Middle
13
said
that no alien enemy has any interest in them and also seeks
injunction against the Attorney General's acquiring possession of
others, according to attorneys following the case.
Y,yAA
Net
& gas income...
were
1948, and until and including
Nov. 29, 1948, two markets for dealings in the capital stock of Middle
West will be quoted on the Exchange, that is, "distribution on" and
"ex-distribution," and that beginning Nov. 30, 1948, transactions in
an
Net
Louisiana Land & Exploration Co.
Operating
and
'•.
■
Nov.
the
$1,981,831
2009.
p.
directors
stock,
1948.—V.
corporation to effect
One
The
of the
71%
two,
1483.
p.
$13,320,023
9,788,743
(net Dr)__„
oper.
Equip, rents
$10.02
$2.00
1948,
value $10, for each four shares of Middle West capital stock held.
:
meat
Jt.
12,763,618
$6.87
30
approved the applica¬
liquidating distribution's
29, 1948, to holders of its capital stock of record, Oct. 29, 194$:
the
West
"■
•
him and
1,000 shares
1948—10 Mos.—1947
$573,101
210,500
ry.. tax accruals..
168, p. 1583.
$1,410,593 $17,011,731
$720,058
opers.
taxes.
?
(b)
offer
72%
proposal
168,
Co., Hoboken, N.
United
common
Nov.
on
dent,
being
Ry.—Earnings—
Railway oper.
Federal
the
capital
1,
Securities
of
stockholders,
Hammacher
class
The
Louisiana & Arkansas
Net
(par
at net asset value, to make avail¬
diversified investment medium having the
benefit of constant supervision
Nov.
Nov.
on
52,800
share)
cumulative
shares
tion
to
cumulative
$1.75
new
amendment
an
payment of dividends.
76%
A: Suit has been filed
registration statement with the SEC
a
capital
"well
18,608,377
Sept.
Middle West Corp.—SEC Approves Distributions—
Sues for Return of Stock—
Net
by officers of the company
to
1948,
30,
the
on
record
Registers
—
registration statement with the SEC
a
Nov. 12 filed
shares
Sept,
sharp
Loomis-Sayles Second Fund, Inc.—Registers With SEC
The company on
3,719,196
$2.63
of
-as
their
covering 34,750 shares ($1 par) capital stock, to be offered officers
arid employees without underwriting. 'Proceeds will be used for
general
corporate purposes.—V. 168, p. 1904.
offered
4,684,262
share.
assets
$20,115,114.
were
1948,
for
168.
stockholders approved the proposal relat¬
to the certificate of incorporation
affecting the
company can borrow money and eliminating cer¬
the
one,
7,942,500
'
Nov.
40,219,000
of 21.8%.—V.
10,140,287
AA
Swern,
t
filed
2
$1,467,276
■
Stores, said that Swern
large purchasing power
very
AAAA
-
on
week
with
increase
an
on
debt
President,
as
continue
the
2,505,000
$70,353,713 and current
liabilities were $21,910,123, including therein the aforesaid reserve fo>
1948 Federal
and State income
taxes, but excluding the amount ot
the dividnd declared Sept. 30,
1948, and payable Dec. 1, 1948.
'Oh
Dec. 31,
1947, current assets were $62,372,126 and current liabilities
(Ky.)—Weekly Output—
for
714,492
1,790,287
on
income——
per
1,791,364
1,291,657
289,219
taxes
—
hopper
announced
Aircraft Corp., Burbank, Cal.
■A Lockheed
Net
,
present capacities, except that
three of the preseht stockholders plan to retire
upon completion of the
transaction.—V. 168, p. 347.
covering
State
Transactions
in
and his associates and Mr.-Brightman.
policies of Swern &
continue
will
personnel
17
director of City
a
will
enjoy the advantages of
the entire City Stores Co.
of
<
Nov.
on
agreement
is also
356,532
and common
which
Markt
Net
A;-V-y •••'Y "v--A,i «yA':-•**
store.
the Trenton, store,
who
(such
stock interest in Swern & Co., leading Tren¬
a
purchase
a
Brightman,
Co.
taxes
Philadelphia—Acquires
J., "/department
pericd
compared
as
year,
Cost
.Brightman,, President,
President of
&
and Federal and State income
$4,252,176).—V. 168, p. 1483.
of
the
for
company
per
stockholders
$2.33
-.0
(N. J.) Department Store—
Harold
Mr.
to
Brothers
Nov.
Earnings
and
The
common
435,107
$4.15
On
$1,823,808
356,532
constitute
now
restrictions
basis
1945
$7.21
N.
$2,130,964
stk.
$1,012,772
share
company
$167,970
and abandoned
'
shareholders
re¬
1946
per
amounted
26,837,555
4,340,073
-
surrendered
income
cumulative
On proposal
'
$2,416,742
Earnings
ton.
545,170
Fed.
last
amendments
period
of
1947
1,170,335
Lit
$2,368,978
670,202
incorporation
of
$1.75
exchange
the
by
$4,856,321
1,170,364
Trenton
$2,801,166
presently authorized 52,800 shares of 5%
changed
shares outstdg.
1948
35,146,164
5,105,843
8,600.992
1,637,224
...
42,254
stockholders
covering
Common
•After
increase
,
A—A——$8,438,043
com.
the
published
Subs.)—Earnings-
Sept. 30—
income
and
materials,
1583.
p.
8,825,465
1,886,778
2,886
$210,224
$1, <'74,48,2
week
The preferred
and
its
18,848
$193,968
(par value
for
of the record year 1947.
:
y
High employment and peak wage rates will mean total Libbey-Owenspayrolls in excess of $40,000,000 for 1948, Mr.. Biggers said.
government.—V.
144,559
26,692,929
144,628
(net)
1694.
common
the
months
corded
$2,350,130
9,241
—...
articles
for
Ford
keep
35.001.605
deprec.,
depletion, etc. 2.
Deprec. and depletion..
Stock Ratified—
on
"-
6,742,878
8,822,949
2,516
credits
3263,953
output of this
48,882,000 kwh.,
closed
Libbey-Owens-Ford Glass Co.—$2 Year-End Dividend
The
♦
share
7,542,012
8,598,106
inc.
47,643,727
2,239,031
sales
profit
81,079,534
2.523,568
r
•
declared a regular quarterly dividend of
presently outstanding capital stock, which
1; 1948.
This dividend is payable Dec. 15
the
Oct.
to stockholders of record
terly dividends of
—V.
sales—r
gen. and adm.
from
Marion Power Shovel Co.- -Substitution of Preferred
directors
cents
was
Net
de¬
common
Nov.
of
and
69,985
other
corresponding
of
split-up the
effective Nov. 17.
basis,
to
On.
$2,791,925
2,648
Louisville Gas & Electric Co.
shares
Kendall Co.—Split-Up of Stock Ratified—
no
$207,576
84
(net>
168, p.
stock
!The stockholders
:
Dr2,173
$263,869
income....
shares
income.
s
$
.
33,330.497^ 27,971,505 106,563,460
22,208,823 " 16,903,525
64,01.9,843
....
expense
Other
Electric
1,618,291
7,294
1694.
p.
Rr47
Cost
1948—10 Mos.—1947
(net Dr)_
(net
oper.
163,
Crl4
"
———
1.
-V.
$1,413,429 $16,000,047 $11,556,966
275,000
4,425,000
2,165,000
211,000
1,658,000
1,713,000
550,000
facil. rents
-<-V.
256,958
—
and
$3,175,963 $34,320,214 $28,860,924
1,762,534
18,320,167
17,303,958
$1;864,010
cpers.
taxes...
income
rents
(net)
and
totaled
Railway
256,958
21,413
...
income.
ductions
Co.,
;
.
21,413
916,948
Sell,
income
income
operate
to
Phoenix-Apollo
MacCornack,
$3,815,673
oper.
Jt.
1,079,400
$
•
Income before
supervision.
corporation
new
a
the
1948—Month—1947
Railway
Equip,
1,230,250
allowances
Current
Railway
ry.
79,754
88,000
1694.
p.
Period End. Oct. 31—
Other
97,850
129,584
re¬
approp.
—
Balance
Federal
and
utility plant
acquisition
adjusts.
Inc. from
plant leased
Kansas City Southern Ry.—Earnings—
.
,980,378
1,992,872
1,140,430
Leaseholds
management
President
corporation.
Bridge Corp. will continue
the
rev.
141,818
1948—-9 Mos.—1947
•'
1948—3 Mos.—1947
sales, less returns
new
Phoenix
Net
Gross
taxes...
to
tons
,148,712
Amort * of
.
26,000
10,568,207
174,072
res.
Sept. 30--
s
822,116
products.
forming
present
Thompson,
under
General
monthly
semi-finished
Period End.
.
$1,636,685
949,897
Property deprec. and
The physical assets of the 268-acre
property include six open hearth
furnaces, a blooming mill, two finishing mills and a structural steel
of
IMIicI-Continent Petroleum Corp. (& Subs.)—Earnings—
1948r-(t-Month —1947
1948—12 Mos.- -1947
$1,360,663 $17,980,689 $14 734,699
,
expenses
tirement
purchase
.
taxes.:
Other
$3,600,000.
"The
Sept 30—
revehdes.A..
Operating
Operating
Federal
.
A Mr.
Period End.
a
Missouri Pacific RR.—Offers to Buy
Pursuant
Division
Guy
A.
Branch
ing/In
and
of
to
the
an
order
Eastern
of
the
Judicial
U.
S.
District
District of
266,856
Central Branch 4s
Court
Missouri
for
the
entered
Eastern
Nov.
3,
trustee for the company, will purchase all Central
Union Pacific Ry. Co. 4% first mortgage bonds now outstand¬
Thompson,
the hands of the public,'with all
after
unpaid coupons maturing on
1, 1940 attached, at a price of 80% of the principal
bonds so presented ($800 per bond).- -All bonds must be
delivered to E. G. Wagner, Treasurer for the trustee, Room 101, MisJune
amount of any
:
r
14
(2122)
souri
Pacific
Dec.
Building, St. Louis, Mo.,
Jewell
report, dated
modifications
tensive
Interstate Commerce Commission
the
of
supplemental
Missouri
noon
on
of
modified
the
Co.
Pacific RR.
and
has
filed
28, 1948, recommending
plan of reorganization for
Oct.
affiliated lines,
(The)
5
the
p.
cents,
Nov.
to
15
cents
Jn
each "of
25
Nine Months Ended Sept.
1948
30—
cents
Depreciation
Frov.
Provision
364,901
and other exp.s._.
admin,
income
for
taxes——.
._
Capital
outstanding
shares
Earnings
share
per
168,'
$3.69
—
ASSETS— Cash
receivable
473<
•
AT
SEPT.
inc.
inc.
Interest
1948
30,
receivable—non-current
notes
payable
against
Last year,
10
*
.
$9,331,708
1947
-
Amortiz.
(less
bids
4,529,343
3,502,729
465,394
repair
920,723
810,449
775,369
taxes—
$1,611,839
$1,309,838
$1,564,191
(net78,796
48;660
41,064
"
prop.,
,2;
Fed/'inc.
Fed.
inc.
$1,690,635
taxes, etc.
$1,358,498
78,681
100,000
16,345
long-term
debt
during
ether
$89,957;
payable—trade,
Federal
State
and
$1,661,092;
taxes
accounts
income,
on
New York
,
The
the
47,311
debt
disct.
&
$1,605,255
-
6s2
i:.60i)
Cr36,678
403,302
346,814
taxes
will
,
capital
earned
stock
value $20), $10,620,000; capital
$11,003,998; ' total, $31,731,874.—
(par
surplus,
*. >
be
The
20
directors
until
2...03
cents
the
stock,
common
Dec.
on
holders
made
of
record
July
on
Dec.
record
31.
A
The
the
usual
dividend
of
quarterly
cents
20
value, the quarterly
par
of
last.
8,
special
a
$1.25
holders
to
6
and
share
per
declared
16
:
All
cf
Nov.
and
29.
special
special
of like
distribution
total' for
1948
share
payment to
the
will be
Jan,
on
7
amount
The
to
the
of
Montana
Power
Oper, cxps., excl.
Federal
Co.—Earnings—
'
taxes.
iax(:l?-=—
257,814
237,391
Other
taxes..
Prop,
retirement
of
•'
3,823,475
207,154
2,300,999
125,000
1,500,000
Amort,
1,500,000
/
income
Gross
Int.
and
Net
,5
■
< net)
other
.
7:
$541,467
10,327
stock
outstanding
$115
at
1949,
of
12,
is-'a
This
of
$337,915
$547,353
80,788
the
decrease
a
Ncv.
of
ft.
cu.
kwh.
of
197,525
the
for
have
■-
12
week
28,936,000
Net
the
for
is
reported
ft.,
cu.
at
:J-.
income-
$257,127
$452,757
slock for the period—
—
week
a
below
year
*
■
—)____/
revenues
Balance
;
.
168, "p.
♦_
On
,
New
Prov-,
England
stockholders
able
for
The
and
is
957,534
of
/—
236,862,687
226,827,131
258,895,857
191.077,592
40,921,714
39,779,908.
income
2,690,712
2,772.731
29,113,842
23,038,357
charges——__
2,105,366
3,574,679
23,417,454
25,151,718.
$5,325,679
vote
Dec.
to
2
increasing the authorized
on
make
certain
a
of
amount
stock,
to
the
on
1947.—V.
157,
(The)
to $3
share,
per
March
ft.
1,420,233
Total
Prior
$4,223,795
the New York Curb Exchange on Nov. 17 approved
46,000 additional shares of 50-cent par value common stock,
together with $42,000 in cash,
are' to' be
given** in
Nevada
168,
for
all
to
/
781,467
outstanding
corporation,—V.
stock
168,
of
Jensen
taxes—/_
Manufacturing
Co.,
surplus—
_!
1,
The
Power
.tric
Co.
into
effected
New
through
tional
a
shares
for
the
England
the
of
has
Eastern
by
is
marger
England
of
application
an
an''
Power
aggregate
setts
proposed
John
P.
Brion
company's
since
has
Public
November,
been
promoted
Relations
1946.—V.
Division.
168, p.
Y.-—Publicity Assistant
to
Publicity'Assistant* in
has
He
been
with
-the
proposed
be
would
2010.
become
contracts
of
New
of
England Power.—V,
electric
168,
interest
from
SHEET,
•
securities
and
restated
income
18,200
Cr609
.
9380,598
iGeneral
amount
an
the
during
of
period
value
reserved
$2,520;
accounts
receivable
(less reserve),
(average book value),-
as
values
$5,500;
securities
to
as
securities acquired
to
stock of subsidiary
$5,500),
(cost,
$50,000;
1943
30„
cost
V
1948
deposit.
company
miscellaneous
sub¬
indicated
at
assets,
$9,602;,
B
168,
stock
common
surplus
June
1585.
p.
and
($5
scrip
unrealized appreciation
since
30,
1943,
investments.
total.
*
sales
(&
/
Earnings
p.
168,
taxes
net profit—
--hare
;
per
—V;
energy
1948
1947
$12,880,187
$12,724,151:
for income taxes—/ 2.270.094
and Canadian
Consolidated
,
Subs.)—Earnings—*
—
Prov. for Fed.
~
capital
91255,045;
$19,316,983.—•,
-
Corp.
profit bef. prov.
$5,880,508;
pari,
of
$5,127,742;,
937,113 '
income—
on
2.219,262
852,100
$1,332,976
$1,367,162
$2.09
—
$2.14
.
2011.
,
-t
Norfolk & Western Ry.—Earnings-
National Bellas Hess, Inc.—October. Results—
Period End. Oct. 31—
Sales
—V.
1948—Month—1947
$3,944,324
____
Profits
before
168,
taxes—„
1696.
p.
1948—3 Mos
$2,691,361
* 210,029
328,061
;
New England Telephone & Telegraph
-
;
Period End. Sept. 30—
1947
$8,641,314
391,121
'$
i-
;'",'•
Operating
$
'
oper.
''
,
12,321,189
27,214
$r
24,548
rev—
National Cash Register Co.—Capitalization Increased—
The
stockholders
1,628,000
proved
as
a
the
Nov.
on
shares
to
1,790.800
issuance of the
stock
dividend
at
increased
16
the
shares,
rate
ot
share
one
158,857
shares
of
standing
share
—V.
P.-
16$,
of
value,
par
of
and
248,298
shares held;
Directors.—V. 168,
Operating revenues
Operating expenses
.Operating taxes
Net
1365.
p.
—.—#■
—
■
12,296,641
168, p.
13,967,669 137,612.046
10,410,279
-
10,152.269
100,334.215
1,007,049
.7,733,917
Net
1,137,323
9,733.476
-3,375,947
376,856
719,793
5,331,030
on
Nov.
shares
of
common
to
be
15
approved
$12.50
exchanged
change
par
value,
into
four
each
presently out¬
$12.50
new
shares)
par
The
Joint
The
1365.
National
Motor
Bearing
Co., Inc.—Notes Placed Pri¬
vately—The company, it was announced Nov. 16, has
placed privately through William Blair & Co. $1,000,000
company
President
in
of
the
President
his
Fritch
'transit
Howard
Frjtcli
F.
announced
New
.
Nov.
30
President,
Nov.
York,-New
as
Haven
President
and
by
10
Laurence
F.
Hartford
&
that
time
but.that
asked
announced
as
electing
$9.75
to
half
their
through the company.
See
payable
$19.50
16.
The
a
the
on
by this company
share, Jay P. Walker,
directors
of
voted
record
fractional
made
That
to
sell
no
be
29.
entitled
of
stockholders
that
would
of Oct.
either
to
dividends
basis
Nov.
on
dividend
settlement
price
the
on
announced
Stockholders
cf
be
stock
shares
basis
cf
price h^s now been
shares
half
V.
have
the
shares
168,
p.
or
on
Oct.
IS
Oct.
23,
and
at,
would
the
also
company
will
serve
serving
mean
issued
bid
and
buy
until
Period End.
Operating
and
Connecticut.
.Maine
RR.;
Mr.
Transportation
as
a
director
large -'•portion
a
the
half
Nov".
24
shares
at
Federal
—4 Weeks Ended
Other
the
of
of
that
Nov. 6,'48
Nov. 1/47
$
$
$
21,866,863
r
of
stores
in
18,974,543 226,952,529 177/276,959
operation
1947, to 664 at Nov. 6, 1948.—V, 168,
decreased :from
p.
1696.
710
at
Nov.
23.160,092
$17,912,140
on
Cr947,707 Cr9.611.077 Crl 480,904
Dr36,124
income.
oper.
the
$3,868,951
Dr26,721
98,431
funded
debt
Drl67,023
Drl49,737
$2,704,726 $29,311,063
$25,243,307
1,193,796
1,329,522*
145,647
$3,967,382
$2,850,373 $30,504,859
155.389
Fritch
parent.
Co.
resigned
to
assume
income
Net
•
169,830
$3,811,993
Sinking & reserve funds
—appropriations
Misc. appropriations
State,
p.
and
Co.,
as
Balance
a-
-V.
As¬
$26 572,829
1,535,834
1,436,709
■
$2,680,543 $29,068,150 $25,036,995
'•
■
.
98,607
83,284
876,483
166,667
___
200,000
1,500,000
769,547
1,400.000"
of
$3,546,719
income..
$2,397,259 $26,691,667
$22,867,448
168, p. 1485.
revenues.—_
Inc.
V.
271.
•Earnings—
$2,878,694
1.740,396
.
1948—12 Mos,—1947
$2,737,662 $35,191,245 $32,207,781
bids
20.204.981
250,138
3,787,412
2.999,731
of
North
295,247
270,763
3,421,606
3,175,253
of
preferred
300,000
300,000
#3,600,000
3,699,50(3
18,626,664
re¬
appropriations.
revenue
oper.
income
34,033
Corp.
as
on
—
$4,177,246
$3,705,627
16,019
97.793
138,931
$271,366
and deducts..
$2.96,206
$4,275,039
$3,845,603
87,604
bonds
87,604
1,051.250
1,060,104
30,181
9,975
256,725
229,096
$153,681
$198,627
$2,967,064
$2,556,408
an
1
Net
income—
Dividends
applicable
—_
W.
168,
—
to
preferred
stock.
369.548
369,548
$2,597,516
$2,186,860
p,
1906.
shares
and
either
shares
an
as
of
177,398
(at
shares
stock class
common
entirety,
(b)
or
6.175
of
D
shares
91,851 shares of common stock class C
common stock class D -of
American Bemberg
class
of
of
88,853
Corp.
Rayon
B,
entirety, or-(c) all of the above-mentioned shares of both
Rayon Corp. and American Bemberg Corp, as an
Bids
neither
may
sale
The
tireties.
submitted
be
of
stock
such
corporation
will
on
any one or more of said en¬
not represent new financing
does
receive
part
any
of
the
proceeds
net
therefrom.
stock
Such
stock
is
of
was
vested -by
the Trading
offered by
the
with
the
Alien
Property Custod'an under
the. Enemy Act, as amended.
Such,
General under authority of
Attorney
said Act and said Executive Orders.
must
be
sealed
of
Alien
Property,
p.m.
(EST)
on
Office
3:30
being
bids
All
Balance
stock
C
United States of America announces
constituting an
invitation for-, sealed
him
from
American
entirety.
and
income
mtge
$280,137
6,745
class
American
the
of
prospectus
a
purchase
stock
common
and
$264,621
(net)..
of
the
for
Rayon Corp.—Bids for Stock—
General
Attorney
issuance
North
Other
Int.
the
1,636,574
r
Net
North American
The
276,430
Property.]retife;hent
serve
Service
authority
Nov. 1/47
n>
The number
(net)
rents
income
Interest
director
a
Connecticut
New Haven,—Vr 131,
1948—Month—1947
taxes
Other int.
——44 Weeks Ended
Nov. 6, '48
Sales
*
Sept. 30—.
taxes,
Gross
15.24%
Public
Operating expenses—,—.
1696.
National Tea Co., Chicago—Current Sales
Up
-
Orleans
fixed.
option
to
be
25,460,661
$19,867,012
Whitlcmorc,
and freight service
operates bus passenger
company
Rhode Island
the Boston &
to*-the President of
New
.
fractional
will
507r'~ stock
a
ry.
Total
-
^
of
2,575,406
.....
National Tank Co.—Fractional Stock DividendsSettlement
79,372,080
41.072,232
position, which becomes effective Dec—I...
new
Mi*.
of
of
was
transportation
Massachusetts,
as
sistant
4% promissory notes, due July 1, 1961.—V.
165, p. 214.
on
facil.
Net
appointment
this
45,327.673
$1,783,740
3,056,658
accruals—
tax
$2,772,299
operating income
Equipment rents (net)__ Cr1,132.776
Ry.
2010.
New'England Transportation Co.—New President—
of
120,944.312
r
4,649,935
•
the
value,
par
for
to
without
stock,
common
stock,
*
proposal
a
92,284,373
4.359,145
5.828.957
oper. revenues
ry.
Railway
,8,423,966
896,214
1948—9 Mos—1947 *
9,608,52?
86,919,126
701,934
1948—Month—1947
*
117.861,608. 103.719,039
11,869,954
after
V.
16.239.236
expenses
■—
13.468.102
operating income
charges
Net
;
Sept. 30—
revenues.:
oper.
200,393
ap¬
stock
common
10
Enameling & Stamping Co.—Split Voted—
stockholders
authorized
no
shares
for each
stock
common
oper.
Ry.
Other income
National
635,428
of
162,800 additional
the
subject to the authorization of the Board
The
authorized
Period End.
Ry.
$
118.109,906 103.319,432
:
from
$
1948—9 Mos.—1947
< •
13,495.316
revenues
Uncollectible
Co.—Earnings—
1948—Month—1947
$6,380,322
560,103
•
(contra),
value
present
June.
before that date and
$18,115,979;
30,
ol
stock
dividends
indicated
at
on
SEPT.
Certificate
preferred
A
interest
Net
of
548.;
p.
1947;
$518/144
23,000
Nine Months Ended Sept. 30—
also that contracts
of
excluded
class
Net
England Power would own
add have all the liabilities' of
all the-operating'facilities ' arid assets
the two present corporations. The application states
Eastern
Massachusetts for
purchase and sale
the
company
V.
~
.114.886 •*>.)•'>. 99,;>I4*
:
91,097,280;.
of
Noma Electric
•
New
merger,
1948
.
$580,101
4-—^——
has been
$1,965;
class
earned
addi¬
value
par
'
-■
.
representing deferred interest accrued
to "Sept. 30, 1948. but not collected.
present
Elec-
to
83,242
of
.
the
on
1947,
payable
and
accrued
expenses,
$29,122;,
dividends payable, $675; taxes pavabie cr accrued (partly estimated),
$45,705; amount due for redemption of class A preferred stock (contra),
re¬
Electric.
Following
In
LIABILITIES—Accounts
V
Massa¬
Eastern-Massachusetts
Co.. The
New
stock,
common
of
merger
Power
issuance
received
cash
1906.
p.
total, $19,316,983.
49,822
$1,664,840 in exchange for the outstanding shares of Eastern Massachu¬
,
Mutual Life Insurance Co. of N.
or
1,345,111.-
.V.
Commission
Power.
168,
1948
$34,137;
Electric—
Federal
questing authorization
•
Merge
30—
(est.
BALANCE
$1,770,291. .$1,431,350
Co.—To
in
15.
cents
50
paid.—V.
loss from sales or disposal of investments.
or
redemption
$2,520;
England
paid
June 15 and Sept.
on
was
_//I$424,292
ASSETS—Cash.
-$2,826,284
72,038
Sept.
adjustment.
gain
receivable,
/
:___
stockholders
Bay stock will be
prices prevailing
only.
Jan.
$1,614,478
-V $2,623,796
781,467
incoine__—_____
at
cash
<■
,1.096,652
$2,012,110
Ended
surplus, $0,975,665;
849.
p.
front
income
cash
income-
$21,575.24.
345,040
1,345,111
,
•
in cash
share in
per
NOTE—There
$f,401,280
266,349
937,565
—
taxes
2010.
p.
New
i
sharks,
exchange
Hudson
'*
income taxes
year's
"Before
177,436
u
$3,997,490
Association—
in
to
.15
Hudson
of
settled
expenses
Federal
income__—___
deductions
for Federal
chusetts
Governors of
for listing
which
cents
50
of
-interest,/taxes,;'-etc^^iii.:—14,9-23>;^. */.t20,140
•.
2,562,711
Electric
payable. Dec:
shares
be
income.,.—~
gross
General
1,641,601
124,288
and
$2.50
Months
Nine
12/236.358
$3,873,202
Gas
of
or
—V.
;j
Acquisition—Listing—
of
stock
Niagara Share Corp.—Earnings—
(
^ v"
1947.
<
1,910,504
2,313,433
surplus——
Operating
1273.
p.
Muter Co.—Proposed
dividend
of capital
corporation
the
year,
and 75 cents each
15
total
a
1,680.441
_____
will
date.
based
Prov
in
as
year*end
a
share
a
fractional
No
shares*
this
516,860,934
Other
com¬
the same
of
outstanding,
and
26.
record
Previously
2,060,602
—
issued
Nov.
Fractional
acquired on
Balance
year
declared
l/25th
and
.
12 Months Etided Sept. 30—:
1948
1947
income—
$2,844.398$2,995,809
and general taxcs_____:„__—220.602
169,526
declared a year-end dividend of $1
per share
quarterly dividend' of 50 cents per share on the
both payable Dec. 28 to holders of record Dec. 24.
payments this
directors
cash
Expenses
have
brings total
'
a
cu.
' 1' '
-
1,714,704
.
avail¬
stock
_
the
16
in
Total
regular
common
The
will
planned
—
2011.
stock
equip
pit. and
pro)).,
week
v,-"1,
EARNINGS OF COMPANY ONLY
key employees.
directors
the
This
It
•
4,035,600
p.
record
issued.
for
1801.
stock.
v
23,298,060
Nov.
Corp.
of
production
16,065,205
Federal* income taxes.—
for
Balance
Murray Ohio Mfg. Co.—To Increase Capitalization, &c.
The
•
.
30,155,391
sequent thereto)
mon
■
4,103,213
share
income taxes_„
for taxes other than Fed.
retirem't
$6,283,213
$5,553,665
./_■
$'
26,935,044
revenues
operating
168,
per
$27,956,866 $23,745,990
;
for
1,430,611
957,534
100.219
rev._
ago,
" v
1948
.
Other deductions from income—Subsidiaries—
$7,713,824
$6,511,199
1948—9 Mos.—1947
S
30,142.312- 297,763,827 253,461,328
85,921
901,140
565,471
•'/ Newmont Mining Co.-r-Year-End Div. in Cash & Stock
1.34'/
or
158,112,000
15.47'/
or
corresponding
12 Months Ended Sept. 30—
-:t.
1,119,965
oper.
expenses
after
—V.
divi¬
kwh.,
CONSOLIDATED INCOME ACCOUNT
'! .Total income—
»
:'
_
$
33,829,188
—
been
and
corresponding
■'
'vy° /
/; Operating income
Other income
66,754
$7,631*164
94,596
deducts.
i
33,728,969
Operating
Association—Output—
decrease
14,133,804
Frov.
$7,647,070
50,762
ACCOUNT
INCOME
194d—Month—1947
■
Operating taxes.——
this Association reports electric output
Maintenance
13,113
revenues /.
Operating
Proceeds
share
per
such
first
SEC
the
names
"Net
13,113
;
5,886
.
-V.
Nov.
Prov.
3,861
$7,580,402
,
$327,588
income—
(net)
;
'
revenues/.,) /
oper.
Other
-3.861
,
The
bidding.
of
utility plant
acquisition
adjusts.—
NeL
v.,
kwh.
output for
is
Operating
limited-term
investments
14,
Operating expenses
Power, gas and steam purchased--
2,029,866
125,000
1973.
Payment will be made at the First National
:V.
187,048,000
/
and
reserve approp.
of
due
A,
competitive
preferred
Jan.
on
ended
j
1
depict,
Amort,
by
-
3,538,107
184,753
_
week
ago.
Gas
1948—12 Mos
1947
194a—Month—1947
$1,671,956
'$1,592,858 $21,586,803 $20,275,459
461,423
797,224
6,364,953
5,543,442
3d--
revenues
•
first
of
share.
per
production
Year
This
Period End. Sept.
cent
14,536,279
below
quarterly dividend of 1(4%, or. 62% eents; per share, on
preferred stock, par $50, payable Jan. 1 to.holders
Dec. 15.—V. 168, p. 1045.
Operating*
shares
redemption
the
For
cumulative
record
cf
series
"*
'
"
Uncollectible
registration statement with
a
notes,
determined
New England Gas & Electric
/■
as
usual
5r/r
be
rates with
application
proposed
of
the
15'7
average
Bay Mining & Smelting Co., Ltd., upon each share !of Newmont Mining
was
share,
filed
9
25-year
will
schedule
a
Commission,
an
service
Operating
power company
be made
$1.20 per
for
$1,031,285
Bank, transfer agent, 45 Milk St., Boston, Mass., or at the office of the
in Saint John, New Brunswick, Canada.—V. 168, p. 253.
on
against 80 cents paid in 1947.
the
of 1
Securities—
1582.
p.
•
;
"
filed
16
Service
Public
which calls
COMPARATIVE
422,459
for
the
for
dends
dividend-of
per
$898,443
166,
charges only. This interim boost would be effective
Commission determines the need for
the general increase.
local
Net
Co., Inc.—To Pay Special Dividend—
Nov.
on
below. —V.
Nov.
on
York
1930,
Crl6,363
'=
New Brunswick Power Co.—To Redeem 1st Pfd. Stock
:
called
Mojiid Hosiery
$1,204,189
Nov.
on
$5,000,000
used
,
Telephone Co.—Seeks Rate Inprease—
company
New
to
payment of outstanding notes held by First National
Bank of Boston and to repay the
company's plant replacement fund
from which funds were borrowed for construction.—V.
,168, p. 1585.
taxes, $160,165; other
accruals^ wages, etc., $2,792,956;
against future decline in inventory prices, $1,520,000; other
reserves, $780,679;
surplus,
$637,532;
iG8, p. 1256.
company
covering
the'underwriters
$2,555,445;
v.
I
Registers With SEC—
pay¬
for
_
100,000
35,267
Cr 1,2,534
exp
construction,—
inoome
The
-
& Hutzler,
98.125 for 4s;
4Vis.—V. 168, p. Ia06. -,
Bros.
98.31
boost in rates. This would
increase revenues by approximately $49,000,000.
An immediate $25,000,000 raise was asked through a
10r/r addition
'
accrued
reserves
Inc.
Period End. Sept. 30—
;
LIABILITIES—Accounts
Co.
Sea Uiica Transit, Corp.
i
^
income
Net
Salomon
were:
&
784,267
of
re¬
731,874.
able—other,
Stuart
New York State Railways Co.—New
439,846
789,719
Federal
(after
The bonds will mature
$7,904,743 ''' $7,066,402
621,672
Interest
$668,369;
investments, $300,389; property,
plant and equip*
depreciation
of
$11,130,248),
$6,884,881; . inventory
of
parts, etc., $311,169; prepaid expenses, $^00,184; total, $31,-
serve),
received
Halsey,
*
ment
the
of
100 for interest of 3%%.
Other
and
G43.360
bef.
of
Society
1, 1973. The principal interest and service of a,
$300,000-a-year sinking fund are guaranteed by the
Pennsylvania RR.
*
'J
*
plant
//
baf.
on
Equitable
Bay RR.-^Bonds Awarded—The
Oct.
on
of
1946
5,534,114
_
bid of
of
cents
total
a
York
Assurance
United States won the
award Nov. 16 of $14,518,000 first mortgage bonds with a
1585.
p.
;
income
Net
531,000
hand, $2,560,963; notes and accounts
$4,323,624; accounts receivable—other, $144,-
$15,837,823;
both
Life
of
distribution
A
as
New
cents
Since
banks and on
in
.(lets reservesi,
inventories,
AS
SHEET
BALANCE
gains,
1948.
ago,
1948
•
10
Light Co.—Earnings—
Other interest
CONDENSED
of
$1,959,195
$5.05
1——
—
19,
this, year,
of
—_L—
taxes
Oper.
1;393,800
$2,683,239
531,000
—
Monday, November 22, 1948
3,882,580
1,395,000
—
Other
income
Net
dividend
capital
Sept. 30—
equipment
General
340,859
CHRONICLE
year-end. dividend
a
months
Edison
&
and
Nov.
three
paid.—V.
was
quarterly
realized
record
quarters
Gas
for retirement
and
25,749,647
5,087,567
•
general and
belling,
34,450,423
._
two; first
a
income
new
of
made
revenues
Maintenance
sales-————-
of
from
Operating expenses
$44,481,129 $33,326,081
Cost
declared
9
was
share,
per
Operating
64,191-'
158,992
(net)-—^
income
and other misc.
Interest
the
12 Months Ended
1947-
(net);-——-A-.—$44,322,137 $33,261,891
Sales
share
share
New Bedford
Mills, Inc.—Earnings-
Mohawk Carpet
Nov.
on
stockholders
per
2010.
p.
FINANCIAL
from ,net. investment
per
30
&
Nesbett Fund Inc.—Declares Two Dividends—
directors
share
per
taken action on
1905).—-V. 168,
yet
as
168,
COMMERCIAL
The
a
ex¬
approved by the Commis¬
July 4, 1944.
The Commission has not
supplemental report
(see details in V.
this
12 o'clock
on or before
1948.
1,
Examiner
proposed
sion
THE
Dec.
received
and
120
13,
at
the Department
Broadway,
1948.—V.
168,
New
p.
York
1802.
5,
of Justice,
N.
by
Y.,
^....
.
•
.
Volume
168
Number- 4753
THE
Northern Indiana Public Service Co.—Bonds
joint
Offered—,
underwriting group headed by Union Securities Corp.
on
Now 18 offered $11,000,000 first mortgage bonds,
3V4% series D, due Nov. 1, 1978, at 100.95%, plus accrued
at
the
-awarded
was
sale
on
bid
a
of
100.32.
.their connecting .companies*,
and with ships at sea. ..
were:
Fenner &
Beane
PURPOSE—-The
5
struction
proceeds
be
in
program
will
the
company
pany
estimates
auuitions
to
which
that
gross
$53,000,000.
this
the
be
D
and
funds
out
of
present
cash
CAPITALIZATION,
.' GIVING
EFFECT
TO
the-4company.
PRESENT
Authorized
First
mortgage
bond.s-rr.
' '
Series C, 3'/a%, due Aug.
1, 1973
Series D, 3'A'*, due Nov.
1, 1978
3 'A %
sinking
fund
debentures, due
April
15,
Preferred
5%
1968
$1001
ipar
amount
of
bonds
and,
supplemental
issuable
subject
thereto,
-subject,'however,
to
'
terms
the
first
HISTORY
Ind ana
and
of
series
restrictions
it
."
AND
any
the
on
BUSINESS—Company
under
the
Northern
doing business..' 7*
is.
of
name
became
of
the
be
Its
Service
its
Ind and,
from
the
sale
serving a
800,000
*
it
28
of
The
amounts
of
are
V"Union
series
Securities
Eastman.
&
Shields
&
Francis
bonds
agreed
' >; •;
'
Corporation
Dillon
Drexel
D
follows:
as
&
to
be
For
-4-
I.
duPont
—V. 168, p. 1906.
The
B.
150,000
Wm.
300,000
new
V.
&
Co.————
250,000
&
150,000
The
L.
R.
in
and
to
retire
some
Dempsey
&
Dick
&
Charles
Co.
250,000
Pomeroy,
Co.--a.
100,000
300,000
Drew
&
Elk-ins, Morris &
Corp
-„4
bank
&
&
The
was
Stanley ,& Co.
Dated
and
Nov.
Nov.
bid
15,
15
definitive
$1,000.
awarded
at
debentures
and
registered form
any multiple
tered
debentures
at
the
at
least
price
option
30
due Nov.-15.
or
of
agency
will
be
in
of
100.68999.
the
Interest payable
company
form
coupon
denominations
of
of
bid
a
1979.
$1,000
in
of
the
as
on
*
Co.—
F.
&
Johnson
104.375%, plus interest.
war
which
&
I
have
and
sale
clusive
of
of
the
accrued
interest
(which
and
of
outstanding advances
outstanding in the amount of
its
expenditures for
stantial amounts of
CAPITAL
31-year
1979
new
new
SECURITIES
debentures, doe
continue
EFFECT
TO
PRESENT
Nov.
revenues
oper.
$8,266,769
rev._
Operating, revenues _L^
Operating expanse?;*
Operating taxes
$8,246,397
6,137,083*'
1,059,516
sub-;
after
income
Nel
$581,557
of
record
and
beneficially
252
Company.
Aug.
of which
Omaha,
31,
1948
and
in
St.
$2,377,143
190,045'
242,411
$2,005,873
1,953,800
1,691,533'
233,615
$234,7.87
$290,343
162,643
25,349
28,482
8,204
■'
$189,728
91,318
10,211
in
stock
common
were
of
1,386,938
telephones
the
->•
Thefe
are
localities
many
and
a
few
sizable
the
company operates which are served by
non-affiliated companies.
Such non-affiliated
companies had approxi¬
mately 1,960 exchanges and some
700,000 telephones on Aug. 31, 1948.*
Company does not furnish local service in
served
the
by such
provid'ng
revenues
The
ritory
for
therefrom.
company
in
compan es
company,
toll calls
its
companies but connects with them
the handling of joint traffic and
lines.
ft
including
under
Some
toll
operates,
American
license
between
the
service
in
Telephone
po'nts
has
areas-
arrangements
the division of
po'nts
•
within
conjunction
&
the
within
non-affiliated
between
frequently
contract,
numerous
of
and
under
for
!
furnishes
which
localities
Telegraph
right
such
to
have
the
with
Co.,
ter¬
other,
which
interstate
territory routed over
companies participating in 'the*
a
cents
of
record
13,
distribution
shares
per
26.
Nov.
14 and
per share
June
$2
of
Offered—
Redeemable,
redeemed
prior
case
will
15,
1948, payable Feb. 15,
at option
less
Nov.
to
than
15,
of
in
company,
notice
at
thereafter
at
days'
30
and
1953
plus accrued dividends,
make
the
on
not
upon
application
Curb
York
New
the
for
listing
the
of
Exchange.
net proceeds will be placed in the general funds pf
used for general corporate purposes including better¬
expansion of the company's plant and facilities.
'
-
Dec.
t
,
.
-•
.
17,891
,
taxes
$151,697
6,766,192
-
61,220
bonds
3(4%
*
8,838,2.17
-
the
stock
(no
Trust
tion
par
of
no
value into
par
stock
common
has
and
changed
dated Aug.
from
1,800,000 shares, par $1 .each.
31,.
a
the
Olin Indifstries, Inc.—Issues
A
the
booklet- entitled
64-page
new
of
use
industrial
and
V
explosives,
been
In
also
addition
to
density,
distance
burden
sample
and
tables,-
calculations
handling "Don'ts."
of
holes,
company's
for'users
comparisons
of
suggestions for
field
for
the
.use
and
a
j
.
'
•
-
i
.
explosives and
booklet.
as
wire-
weight, strength and
using electric blasting
list of 63 safety and
of
the
17,447
shares
•:
of
stock remaining
Jan. 1, next, at $142
preferred
outstanding have been called for redemption on
share, which price includes $37 per share in accrued and unpaid
A similar number of preferred shares were
redeemed on'
Oct. 1, last.—V. 167, p. 2793.
per
dividends.
excess
of
500,000.
underwriters
the
amounts
preferred
new
below
named
respective
of
set
have
forth
&
Co.__—„
•
Harold. E.
168,
p.
M. Kidder & Co.i
12,000
Childress
16,000
Leedy, Wheeler & Alleman,
Inc.
14,000- -V.
168,
and
5,00o
Company.—
5,000
—
p.
1697.
•
Co.—Stassen
a
Trustee—
President of the University of Pennsylvania
Stassen,
of the State of Minnesota,
and.
has been elected a trustee.
549.
Pennroad Corp.—Declares 50-Cent Dividend—
(The)
The
an
No.-of
•
Shares.
A.
Pierce, Fen¬
former Governor
severally
below,
stock.
16,000
Beane
directors
on
Nov.
10
declared
a
dividend of
50
cents
per
share
from undistributed net income (excluding gain or loss cn investments),
payable Dec. 13 to stockholders of record Nov. 18. This compares with
40 cents paid on Dec. 15, last year, and 25 cents on Dec. 9, 1946.—
V.
1697 and 1587.
168, pp.
Philadelphia Electric Co.—Weekly Output—
-
The
electric
output
week ended Nov.
kwh.,
5,040.000
cumulative
of
Stanley & C0._—^ 32,000
&
ner
.
Pacific Portland Cement Co.—Calls Preferred Stock—
All
in
in
100,000 shares
Walker
H.
—V.
.:
The company has announced it will give field service when necessary
and will provide information on unusual
explosives .problems.—V: 167,
p." 749.
.
■
•
,
.
to limi¬
$726,000 of suc.i
Shares
.
recommended use, ' the
of explosives
and
information
bore
on
catalog
qualities,
such. useful
resistance-and
caps,
complete
a
specifications
contains
is
.purchase
Goggeshall & Hicks—
devoted to
issued by
the corporation's explosives division at East Alton, 111.
their
tExcludes
constructing,
Penn Mutual Life Insurance
t'
...
Products,"
has just
to
Merrill Lynch,
Explosives Booklet—
"Explosives
mining
period
for -a
of
served
area
Morgan
construction.—V. 168, p. 1696.
•.
therein.
No. of
registration statement with the SEC:
.•
212,244 shs.
subject
Company, operating wholly within the State of Florida, at the present,
serves' approximately 79
communities, 42 of which are incorpo¬
in the Counties of Hillsborough, Pinellas, Polk, Manatee, Sara¬
sota, Pasco, Charlotte, DeSoto, Hernando and Highlands.
Population
covering. $7,500,000 first ^mortgage bonds, due 1978.
The names of the
underwriters will be determined through competitive bidding. Proceeds
will be used to prepay notes and finance
100,000 she.
250,000 shs.
additional bonds
BUSINESS—Company
AND
The Crown
Co., Calgary, Alberta, Canada, is transfer agent.
Upon presenta¬
surrsnder of outstanding no par. value shares, the new $1oil a share for share basis.
Nov. 4 filed
of
sinking fund.
1901,
aggregate of
1,800,000
and
on
20,
purpose
agreed
shares will be issued in exchange,
The company
.
4
80,000 shs
—
contained
,
1,500,000
200,000 shs.
par)—
UNDERWRITERS—The
been
*
;
of
Oklahoma Gas & Electric Co.—Registers With SEC—
r
i
restrictions
and
held in
'
.
.
was
incorporated in Florida,
99 years.
Company was organized fo;
maintaining and operating a telephone
system consisting of toll -lines and exchanges or local distribution sys¬
tems throughout the State of Florida, either separately or in conjunc¬
tion with other companies.
Since the date of its incorporation, it has
been engaged in the conduct of the business for which it was organized.
v
letters patent issued
supplementary
authorized
'
1.
•
t$3,274,000
due
$25)—
(par
'
rated,
Ltd., Calgary, Alta., Canada^—Changes Par
"
to
•
time
'
.
series
FINANCING
Outstanding
preferred stock™
cumulative preferred
stock
HISTORY
June
$8,951,514
9,225,831
902,762
-
PRESENT
TO
due
——
bonds
"Mortgage permits the issuance
bonds
;;
series
l,
1967
-preferred stock
$1.32
49,363,108
9,539,339
$9,175,480
$891,664
$991,966
394,071
'
"V-
58,250,049
10,271,107
1,018,974
EFFECT
3Va%
1975__
1,
tations
6,016,141
'
1/125,285
<
GIVING
cumulative
$1
.
$7,926,779 $77,696,63# $67,853,961
$8,883,443
__
■—
'
l
,
SECURITIES
mortgage
Dec.
$7,948,394 $77,885,651 $68,054,139
21,615
.» 189,015
200,178
—$8,901,334
operating income -'.
charges
shares
service,
Minneapolis, St. Paul,
Duluth, approximately 28% being in Minne¬
which
if
stock
mortgage
1st
1948—9 Mos.—1947
1948—Month—1947
rev._
oper.
168, p. 1586.
1948,
.
in
in the cities of
1947,
70
March
on
2011.
p.
share, in each
Common
revenues
Pursuant
$5,122,651
...
had
company
and
Paul.
states
the
13,
of
holders
to
Authorized
1586.
p.
Okalta Oils
—*
the
approximately 44%
Des Moines
of
14
paid
cumulative dividends from Nov.
share
CAPITAL
$2,008,116
2,243
6,488
$19,393
Value—
Telegraph
all
168,
Dec.
each
in
and
r
1,250,000 si*.
$7,564,365
Dec.
Pay 70-Cent Dividend—
dividend
a
company and
ment
$2/383,631
750
after
—V.
$3,939,929 $70,228,644 $58,130,130
5,621,110
54,191,327
46.632,771*
737,232
8,472,952
6,374,758
$1,049,798
cents
On
year.
preferred
1948—9 Mos.—1947
$235,039
$19,450
Operating revenues
1946—9 Mos.—1947
charges
owns
areas
a
the
Co.—Earnings—
•
apolis
$27.15
new
income
Operating
Outstanding
921,594
525,868
6,601,446
4,598,214
is 'engaged in the business
of furnishing com¬
munication services,
mainly ' local and toll telephone
States, of Iowa,
service, in the'
Minnesota. Nebraska. North Dakota and South
Dakota.
It was
incorporated in Iowa Aug.
28, 1896 for a period of 20 years.'
Its
charter has since been
extended
from
time to time, the latest
extension being to
Aug. 28, 1958.
American Telephone &
On
a
thq
FINANCING
BUSINESS—Company
Co,*
$27.65
G.
operating
payable
quarterly thereafter.
part, at any time
or
<
250;000
150,000*
&. Co._
1948—Month—1947 "
rev._
oper.
Uncollectible
$6,955,213 $10,403,332 $58,245,665
15,284
174,688 ;
115,485
20,372
Dulles
charges—
168,
Operating
EARNINGS
1948—Month—-1947
—
150,000
and
whole
-
Ohio Bell Telephone Co.—Earnings
$60,000,000
1,250,000 shs.
declared
16
40
LISTING—Company
$291,093,
Period End. Sept. 30—
Net
—
Entitled to
1949
200,000
,
15
$60,000,000
1,400,000
Cummins,
&
chat
require
to
Co.———
&
———--
Yarnall
Operating expenses
STATEMENT OF
Net
will
Inc.—
Co.
2011.
operating
after
.~V.
which
expects
corporate
scribed.
300,000
Cum.
the
Company
*350,000
—
& Co._—
S. Yantis & Co., Inc.
F.
1.400,000
Rhoades.
.stock,
with
made.—V.
general
150,000
Wurts,
— -----
ex¬
toward
company,
for
900,000
-Inc.
..
Nov.
on
common
money
$60,240,000,
expenses)
and.
100,000
400.000
Operating revenuesOperating expenses..'—Operating taxes
the proceeds from;
American
notes
promissory
1586,
p.
Peninsular Telephone Co.—Preferred Stock
1st
\
$100)—
(par
Period End. Sept. 30-
Net
the
$70,000,000.
——
stock
Uncollectible
apply
Authorized
3 'A A
Opcrating
to
approximate
deducting
from
-construction
money.
GIVING
r_—
Common
will
after
payment
are
of.
through
year
Corp.—
&
Wheelock
revenues—'—
Uncollectible
Telephone
Company intends
debentures
C.
Weden
150,000
168,
compares
was
150,000'
Corp.—
Co.—
Wertheim
Period End. Sept. 30—
Operating
of-
regis¬
end
outstanding
Sept. 14, this
900,000
p.
1936 when
best year,
second
Wainwright & Co.
&
500,000
Cd.aL-G
the
PURPOSE—The
Net
construction expenditures since the
requiring substantial amounts of new
obtained through advances from
American
Telegraph Co., parent.
the
H.
Co._j_
Loeb,
168,
Net
been
been
ave
100,000
.150,000
Co
and
built this
Packards
Morgan Stanley & Co. and associates on Nov. 15 offered
at $26.40 per share 100,000 shares of $1.32 cumulative
preferred stock (par $25).
The issue has been oversub¬
American
Wachob-Bender
of
Ohio Associated Telephone
redeemable
PURPOSE—Company's
the
Thomas
4-—~
Co.
—•V.
prior to maturity upon
part, the initial redemption
in
or
Swiss
Co.—
&
Co.——-—_
M.
&
Sweney Cartwright & Co.
Ladenburg, Thalmann &
&
Strauss
S-.
Co.
900,000
Co.
Kidder &
Carl
Stokes
Lowber
500,060
&
Corp.
Norfolk __Li
H.
&
500,000
Co.———
Hutton
John Kormendi
date
any
whole
a
Co.__
This
200,000
The
denominations
of $100,000.
Coupon
Debentures are to be
200,000
—
Co.——t
May .15
York. '
New
Inc.
Co._
built,
were
new
directors
the
on
Co.—J
'
>
The
Co.,
J.
&
&
from Nov.
this company
.
Penick & Ford, Ltd., Inc.—To
600,000
&
Morgan,
on
excess
company
notice,
in
in
1,400,000
1
300,000
Co.—
&
Nicolaus
Walter Stokes &
R.
to principal, and in
fully
$5,000, $10,000, $1,100,000
as
$1,000,
interchangeable.
days'
being
on
$100,000, registerable
in
and
16
Stifel,
150.000
debentures
100.68999.
1948;
office
$10 000
Nov.
Staats Co.—
R.
Brothers
Stem
200,000
Hiias
13.
cars
78,483
purposes.—V.
100,000
150,000
150,000
;
quickly oversub¬
..v:v-
issue
William
Edw.
Investment
the
on
scribed.
Singer, Deane & Scribner
150,000
Haupt & Co
built by
cars
300,000
Stix
Kean, Taylor &
Nov. 17 .offered
$60,000,000 31-year 314%
at 101.375 and interest.
The issue was
150,000
500,000
C.
Co.—Output Increasing—
1,077,720
produced.
were
$17,800,000
1,400,000
400,000
E.
2011:
pvNorthwestern Bell Telephone Co.—Debentures Offered
—Halsey, Stuart & Co. Inc. and associated underwriters
150,000
Co..———
&
Co.
Hirsch
1948,
for
p.
150,000
Mayer—
Shields
100,000
Harrison
.1 J,
&
Shaughnessy & Co., Inc.
Co.,
Co.
the
The
company on Nov.
12 filed a registration statement with the>
a
SEC* covering $30,000,000 25-year sinking fund debentures.
Under"Writers are Kidder, Peabody & Co.; Merrill Lynch, Pierce, Fenner
Beane; Halsey, Stuart •& Co., Inc.
Proceeds will be used to prepay
150,000
400,000
Co.
Sills, Minton & Co., Inc.
Marshall—
5,869,383
Panhandle Eastern Pipe Line Co.—Registers With SEC
350,000
Co.——
G.
of
(Del.)—Weekly Output—
Electric output of this
company i/LT^the week ended Nov.
64,436,000 kwh., as compared with
60,417,000 kwh.
corresponding week last year, an increase of
6.7'A.—V. 168,
&
Stringfellow—
100,000
Freeman
8,394,753
19,511,785
■,
1,400,000
Green, Ellis & Anderson
by
-;,
.totaled
&
100,000
—_
Glore, Forgan &
Graham. Parsons
'
■
1,400,000
_
150,000
;
Steele & Co
First Cleveland
Corp. —L_—
loans.—
'
.
Inc.
Seasongood
1,400,000
—^
Este & Co.—
M.
Scott
25,183,544
1,345,346
& '
Chas. W. Scranton &
Securities
1,550,529
2,489,916
6,
Nov.
on
"With
•
Inc.
on
Co.
Schwabacher
Emanuel, Deetjen & Co.
H.
F.
150,000
&
Hutton
Schoellkopf,
3,022,102
Nov. 6 and a
month and three-quarters to go, the company seems certain to beat
the
1936
second-best
record
and
likely to come close to the 1937
all-time, high,"
he
said.
"This
year,
we've
already exceeded our
third-best production year, 1940, when we turned out 76,927 cars."—
V. 168, p. 1907.
,*;■
;,'V
'■■
1,400,000
__;—_—
Rothschild
L.
150,000
of
Nov.
to
109,518
80,699
350,000
land
300,000
Merle-Smith-
172,930,724
149,560,04;>
14,975,922
253,219,560
1697.
55%
1899,
;
Rotan, Mosle and More
900,000
The
offered
200,000
John Douglas & Co., Inc.
Ira
Northern States Power Co.
Company—
"
-A
operating incomecharges———
when
150.000
Robinson-Humphrey
E. H. Rollins & Sons Inc.
200,000
3,166,373
—
"Our goal is to build 5% of the industry's annual output, and we'reexpanding plans to achieve it," he declared.
T This year will be at least the second best in Packard's 49-ycar
history, Mr; Christopher predicted. The best previous year was 1937,
150,000
——
Co
&
21,127 995 202,588,979
1,999,937
25,447,037
22,948.562
—
taxes
168, p.
disclosed
900,000
Co.
500,000
Townsend,
Fauset,
finance' cortstruct
outstanding
*
.
r,
&
,
Crouter & Bonine—
Foster
1949
Co.
101,701
24,678,461
1948, are still on the road in the United States
and elsewhere, George T. Christopher, President and General Manager,
Hughes
Inc.
Co.,
6,
Co.,
&
expenses,-
Nearly
100,000
Inc.
v-L——I—-■
Raffensperger,
Day & Co.——
DeHaven
&
119,592
29,137,037
rev.L
Packard Motor Car
100,000
1,400.000
Co.—
Pollock
__
Rand
150,000
Dain
&
Fenn
E.
oper.
revenues
after
—V.
100,000
Presscott, Hawley, Shepard
& Co., Inc
100,000
M.
Net
Net.
150,000
Chris-
&
W. Pizzini & Co.,
Inc.
700,000
1,000.000
2011.
p.
—
Co.;.——
200,000.
Inc.
tenscn,
J.
;
to
fae'l.ties
168,
Co.—
&
$
200,000
—
Writer
Peters,
150.000
&
Co.-.;.
Palmer Co.
Inc.
900,000
300,000
Phelps,
1,500.000
be
,
K. Cunningham &
Co., Inc.
Henry Dahlberg & Co._
served
the principal
them, respec¬
will
200,000
,
Operating
Operating
1,400,000
—
S.
part
population of
Co.—
debenture bonds
totaling $6,000,000
Nov. 29.
Proceeds will be used
company
and
150,000
Cooley
3,163,000
new
Co.
Phili ps Co.—_
Cassell & Co., Inc.
F.
M.
J
&
100,000
Northern Natural Gas Co.—To
Sell Bonds—
,
Broome
&
2,166,000
&
Co
Northwest
Cohu
its
Company
&
Patterson,
Corp
;
Clayton Securities Corp.
of.
—
Co.—
Co.—
1947
1948—9 Mos-
254,308,979 173,628,602
1,089,419
697.87C
24,780,162
29,256,629
—i-
revenues
Operating
150,000
Otis"& Co
O'Gara
100,000
1—$3,168,000
Co—
1,400,000
■&
-Earnings—
1948—Month—1947
Sept. 30—
Uneollcctible
250,000
Copeland & \
Kendall, Inc.
Perrin, West & Winsiow,
Equitable
Uo,—
1,400,000
—
&
multiple thereof.—V. 168, p. 1802.
any
$
Operating
of
Co
Pacific
northern
by
Blair
Bradford
or
agreement
150,000
&
Roger S.
C.
Period End
400,000
150,000
the
60 'A
territory
.
purchased
Inc
Co.,
Inc.
Courts
industrial, agricultural and residential territory.
UNDERWRITERS—The names of the purchasers and
tively,
&
Co.
Newton
Alfred
Co.
is
loan
300,000
200.000
itscoperating
in. the
700,000
700,000
wnich
38of
energy,
estimated
an
counties.
&
National
C.
through
water.
2%
operates
having
in
persons
and
gas,
It
Becker
—_
2, .1912,
approximately
of .electrical
of
diversified
a
and
gas
derived
sale
sale
water.
territory
approximately
'is
the
the
of
energy,
1948.
from
revenues
from
electrical
Co
Omaha
M.
The
Pacific Telephone & Telegraph Co.-
100,000
——T-
The Milwaukee
150,000
amount
agreement
render, to be $500,000
E.
&
unused
the
on
1,400,000
The
Whipple
annum
Miller &
C.
500,000
Caldwell
'i
30,
R.
300,000
City Securities
..
of
Sept.
revenues
revenues
pf
sale
-ended
operating
-operat ng
.
and'
months
&
Company
Co.', Inc.—
Byrd Brothers 2.A
sinking
under
&
Co.
Pierce,
Beane-—-
350,000
Burr
issued,
name
Co.
W.
E.
&
1,400,000
additional
organized' Aug.
was
Public
100,000
Lynch,
Fenner
100,000
_r——
Burnham
indentures
of
The
12
Co.
Co
Stockton
company-is a public utility
operating company engaged prin¬
cipally in the production,
manufacture, purchase, supply, transmission,
distribution
Merrill
pf the commitment from the date'
permitted to become effective until the
further provides that the com¬
pany may at any time surrender its right to borrow all or any part
of the
amounts
to be
loaned, the amount repersented by such sur-•
per
Hutchinson &
J.
indenture
may
creation
Calumet Electric Co.
Indiana
150,000
would borrow $1,000,000
bearing
loan
150,000
financing.
thereof
made.
Bleich-
Co.-
notes
are
Co.l—_
borrow $3,Pittsburgh and.
facilities and.
new
agreement
multiple
the
McMaster
to
of
of
interest at the rate of
2%% per annum. The
provides for prepayment |n amounts of $500,000 or a
without premium or penalty. Provision is made for
the payment of a commitment fee computed at the rate of % of IV
sory
loans
100,000
Co.
construction
proposed loan agreement Pacific
when
Co
the
1948, $1,500,000 on Jan. 15, 1949, and $1,000,000 oh April
1949. The loans would be evidenced by Pacifies unsecured promis¬
150,000
&
finance
Trust
&
15.
300,000
Mnsten
to
Approved—-
permission
company
Bank
and Improvement of its present facilities. The loans,
Aug.
15,
1949,
will be repaid from cash to bt
on
200,000
E.
Bosworth,.Sullivan & Co.
*
the
the
National
permanent
——_—
A.
500,000
2,181.564 shs.
mortgage
thereof
Inc.
900.000
Co._
Blair
from
Mason-Hagan, Inc.
Corp.-
granted
proceeds
expansion
Nov.
15,
are
8
Mellon
mature
Under
100,000
'
George K. Baum & Co.
Stearns & Co.—-
'
in
&
Coe__
&
Minsch, Monell •& Co.—
Mullaney, Weils & Co.—
G.
the
which
and
underwritten
the
derived
Martin, Burns & Corbctt,
150,000
Bear,
211,380 shs.
271,880 Shs.
,
-
indebtedness contained in the indenture
under which the 3 '/a %
fund debentures have been
issued.
changes
&
William
211,380 shs.
3,000,000 shs.
addit.opal.bonds
certain
Aub
Bacon.
9,000,000
272,694 shs.-
:
under
the
to
E.
Redpath
257,820 shs.
f
debentures
150,000
S.
Ashnum
A.
:
the
of
underwriter
principal
—_
Auchinc.oss, Tarker
11,000,000
$9,000,000
each
—
and
S.
Bache
.
series
unlim ted,
Co.-,.-*
7. Barth & Co
fcumul. pref. stock (par $201___
Common stock
(no
part—.
is
amounts
Applegate—
A.
$45,000,000
0
of
name
Mackall
roeder, Inc.
Outstanding
0
——
stock
G.
C.
>
•
for
Nov.
from
use
on
Co.
Secur.
Arnhold
„
'4(4%
"The
Geo.
FINANCING
to
,
—^.-$11,800,000
—
„
American
earnings over
the
period,
provided from the proceeds of tne
balance, estimated at $26,000,000, will be
of
•
SEC
loan
&
Almstedt Brothers
and
resources
principal
Stuart
Allison-Williams
Dec.
be
bonds, and the
througn the sale of additional securities
obtained
to
undistributed
will
respective
Inc.
con¬
31, 1951,
be approximately
required to carry out
1, 1948
properties w.ll
the
of
the
of
is presently engaged.' Com¬
Oct.
its
provided
accruals
approximately, $11,000,000
fSeries
to
cost
Pacific Power & Light Co.—Loan
The
follows:
as
Halsey,
the
to
UNDERWRITERS—The
the
\
applied
period
made
$16,000,000
will
program
depreciat.on
for
oe
About
-
(jointlyI, 101.6129,
r
15
(2123)
500,000
with telephone systems in other countries
,
Boston
Pierce,
service have toll networks connecting the ex¬
operate and also the exchanges of other non¬
Between points witl)in and points outside the
in which it. operates the company furnishes toll service in
conjunction with other companies, principally the American company,
through widen company the company has connections for the inter•change of traffic with all other companies of the Bell System and
Halsey, Stuart & Co. Inc., 100.27999 for 3'As; The
Corp., 100.20 for 3lAs.
Bids tor 3:,4s were as iollows:
Harriman
R!pley & Co., Inc., 102.0G999; Equitable Securities Corp.,.
'101.769; Central Republic Co., Blyth & Co., Inc., and Merrill Lynch,
First
toll
they
companies.
CHRONICLE
FINANCIAL
&
•territory
received
bids
Other
of
whien
affiliated
interest.
The'issue
handling
changes
An
(
COMMERCIAL
V.
168,
13,
or
2012
pp.
of
this
and its subsidiaries for the
to 148,435,000 kwh., an increase of
corresponding week of last year.—
company
1948 amounted
3.5%, over the
and 1907.
Philco Corp.—Official Promoted—
-Ernst
Bareuther
E.
has
been
—V.
168, p.
Budget
2012.
has
Director
been
of
He
appointed Assistant Treasurer.
corporation .since October, 1946.
the
16
(2124)
THE
Peoples Drug Stores, Inc. (& Sub.)—Earnings—
-
Nine Months Ended
Net
income..
store
income—
of
sales,
store
general
and
Depreciation
32,209,789
302,595
31,332,932
250,220
29,542,107
213,016
$1,487,960
$2,121,271
193,262
income
—
$2,094,476
143,382
——
of the capital
202,411
Total
Misc.
income
charges
$2,314,532
104,037
$1,629,342
-——
to
83,666
income——
'
income for
Net
period
—
to the effective rate
Adjusted
429,000
$2.23
>
390,000
^
$3.51
$3.48
of tax for said year.
CONSOLIDATED BALANCE
BUSINESS—Company
the
SHEET AS AT SEPT.
brand
ASSETS—
1948
banks and
in
U. S.
hand.
Govt,
on
Mdse.
Merchandise
Inventories
Loans,
transit-—
in
of
.Goodwill
86,628
—
—
other
and
deferred
items
1
;
months
12
——
LIABILITIES—
Accounts
solution
sisted
Portion
of
long-term
iiabils.
Salaries
and
Accrued
taxes,
Federal
income
Accrued
Federal income
due
wages
inch
and
State
taxes
due
within
which
is- used
payable
toilet
the
year
1947— V
for
year
1948—.659,543
—i.
losses on pharm. educat. loans
retirement
reserve—I—
for
Miscellaneous
Common
losses on
poss.
rental
,Y-
'reserves
stock
15,000
V
53,186
Capital
surplus
Earned surplus
57,800
.-."378,199 '
$5)———2,145,000
—i———^
——^
:
15,000
7,792,830
Total
———_
163,
p.
i-_-—:
49,400
fixed
is
bleach,
and of the drain
EFFECT
PRESENT
TO
Authorized
promissory note
as
&
Development
V
.McNutt, •/«.
former "United
Philippine Islands and the first
the
States
Co.—
Commissioner
Ambassador
American
equal
The
company is actively engaged in opening up
properties on the Island of Mindanao, Luzon and
added.
Y
•
,
by the company's 414%
which fixed instalments are, due
on
due
Electric
output of
for
the
year,
operating
ended
with
Nov.
247,769,000
increase
an
the
week
compared
at
9.6%.—V.
of
168,
the
$1,000,000
as
Pittsburgh
served
'
-
Corning
Japp,
former
Manager of Sales
in
Pittsburgh,
this
by
'■
New
168,
York
District
with
expense
ical
currently Producing
sufficient
as
about
for
30
Midvale
alkali
producing
Division
for
truck
of
2.800
tons
daily.
Coal
with -the
Coal
of
to
Pwrto
stockholder
personal
Utility
Other
Income
Net
—,V.
sold
Net
Ohio
p.
$606,061**<.
.$72,272
.,
,
The
30,000
names
,.
>
■
the
Net
underwriters
income
on
$566,423
383,938
*
construction
NOTE—In
the
The
1948,
trust
preferred
determined
2,882
and
*,
Angeles.
*
Keller, and
B. stock
sold.
such
The
corporation
land
its
If
the
buildings
purchase
■
and
and
200.000
received
to
purchase
it
will
either
finance
by
the
^of*
•
corporation
1,200,000 shares of
as
Registrar
was
a
and
stock dividends-
corporate
The
-corporations
described "as
the
common
the;
company
received
subject
15
owns
oil. »nd
;a»
Northwest
as
to the
The
■
Oct.
Earl
the ij. .Walter
Quarter
gas
lease on a 40-acre tract
of the Southeast Quarter .of
.
-'•:•••
-
the
Vathrlandowner's royaltjr.1
the" corporation will drill
a
well
.
as
and
2007.
national
a
■
.
Jobber
■
Period End. Sept. 30—
dealer
merchandising program.—V.
•/*.";
firm
no
/commitment ' for
representation ',\is .made
that
by
is
the corporation/ It
the
the
>:■,
purchase
entire
intended
of
net
that
*-
one
:
securities
will
proceeds
well
will-be
on
,
tionr.l
cost
of
completing well
'ifnoil-^'foHri^jaS.OOO; '-bkl'altc'e'
Tq*
,-working/capital,'$152,500/-;?•,%■<».
Republic Steel Corp.—Leases Government Plant—
A
ten-year
and
its
facilities
lease
at
of the
surplus, .government-owned-blast:-furnace
Gadsden, Ala., to this'corporation-has: been executed
by War Assets Administrator
Jess Larson,
it-was-annpunced on: Nov. .8.-*
"It is' the present policy of this,
supply pig iron to the foundry industry in
the South in amounts at least equivalent to the
capacity of the gov¬
ernment-owned blast furnace at-Gadsden so
long as economic factors
permit."
'
7
'O:
• -*
'/
\ The ten-year lease runs from Jan. I, 1948, and contains options
165,
oper.
expense?—;
oper.
revenues-^;-
$108,787 '*
102,179 *:
-•
$989,445 ;t,
$847,431
»
117,737
•*4
$6,608
921,986
.1,064,942
$18^012
$67,459
to renew
*'$217,511
lease
77,782
_____
from
$84,390
old.1* inc.
444,687
37,568
$19,556
*
3,584
$80,806
C$512,146
3,110
$16,446
\
602,908
.
ton
of
ordinary
Extraord.
Extraord.
Net
income.
income
inc.
;
(Cr)
V
■'
'454.'
757
net
,
$16,900
31,000
30
$356,821
8,660
inc.
exercised
3,145
$479,480
,
"194,000
*
the
158,440
to
transferred
earned
surplus—
.
h $285,480
$8,240
$198,381
The
;."8.
Railway Express Agency, Inc.—Express Traffic Up—
Air
area
the
express
in
ported
A
the
on
total
shipments handled-through
first
similar
Nov.
of
10
1947
months of
period,
the
the
this year were
corporation's
York metropolitan
6.2%, compared with
New
up
Air
Express
Division
11.
!
984,911
.
926,850 shipments through La .Guardia and
period last
year,
Newark
it was announced.—V.
in the
168, p.
.
*;
and
lease
at
the
value
basis
of
for
sale
$3,271,097.
time within
any
had
been
furnace
has
Reserve
of
basic
on
each
of
the
coke
oven
shall
be
its
The
the first
-
restored.
,
:
,r
an
The
SEC
company
for
10,000
Gas Co., San Francisco, Calif.
V
on
shares
—
Files
:
-Nov.
10
($1
filed
par)
a
letter
capital
of
notification
stock,
to
be
with
offered
at
the
$5
share without underwriting.
Proceeds will be used to buy materiajj|,|
to^acquire* additional'oil and gas leases and to add* to working capital.;
per
—V.
comparable1
2013.
Oil &
With SEC—
re¬
shipments were dispatched through La Guardia
Field, Newark Airport and Idlewild (N. Y. International Airport) for
the domestic,- certificated - airlines
serving New York, compared with
10-month
ton
$0.94
annual capacity of 280,000 tons and is capable
basic pig iron or foundry iron. The coke oven has
annual capacity of 328,000 tons.—V. 168, p. 1908.
an
<
net
of producing either
Registrar, Farmers &, Merchants National Bank'
,
each
war by Republic Steel Corp.
with the exception of the period from
1947, to August, 1948, when the blast furnace was closed down
repairs. Operation:.was resumed Aug. 5, by Republic after the blast
furnace
$50,563
,•
on
July,
for
inc.
Net
$1.55
produced in the blast furnace and
produced in the by-product coke oven.
purchase options
may
be
eight years of the lease.
:
>
f The
Gadsden facilities were built and operated during the war for,
the
government
by Republic' Steel Corp.
Its
original cost
to
the
government was $12,113,304.
It has been operated under lease since
$353,706
49
$31,563
from
>
1,859
(charges)
income
Deducts,
"V
$477,670 i
follows:
as
iron
$8,499,323,
minimum
.
Net
production
upon
of coke
lease also contains options for the purchase of the blast furnace,
and coke-oven. In the event they are exercised, the basis for
negotia¬
tions for the purchase of the blast furnace shall be its lease value
31,689
.
additional five-year periods, the aggregate of the original'
extensions not to, exceed a total of 25 years. Rental terms
The
-
$385,395
34,^6
(
and
based
net
.
for
merchant
or
income—non¬
communication
White,-" President,--stated:
.
1948—9 Mos.—1947
>
1$99,725, :s
M.
are
i
iri
as
received, and if less than the full.
received: vill
be
expended* in the Order lifted: Organizational"':expense-and (ekponfte of
issue, $20,000; drilling first well on'llrop^rty/-'ify,dry-; $27,500/addi-'
America—Earnings—
1948—Month—1947
oper. -revenues.--
Savings Asso¬
geles, to the extent of $750,000 on a 4%% unsecured in¬
stalment promissory note. Under date of Oct.
19, 1948,
company and Pacific Mutual entered into an greement
which provides that upon the
receipt by the company of
the proceeds from the sale of the
20,100 shares of capital
V- >
tiie Peck Pool rlease at an estimated cost of
$27,500 and if
found,-.therewill be-an estimated additional cost of $25,000 to
complete the v ell;/'The proceeds will be spent dp the following manner
.
Radiomarine Corp. of
Net
.
- >
tract
vr-•
ilie
corporation to continue to
and
Total
by
on
recommendations'of
oiris
V
■
Thompson Co.
and
a term of one year or as
oil and gas is produced from the tract.
The lease is
usudl
is/
•
no
received
drilled
instalment
Inc.—rAgeacy ^Appointed—
a
directors qre:, Berkley C. Deardorf, President and
Paul R. Schworke, Secretary, Treasurer and director; William
Jr.,
director, Oklahoma * City,' Okla.;; Harry- Kadis,
offered,
nonrecurringv and; together- with the FederaFr-ineome tax)
have been exclrrded- to give aibebterjaeat^arrson of
performance.—V.,'168; p?" 1803/\":
has appointed
1948. with
Ingram,
•y As; there
687,500
operating
corporation
15,
officers and
c'jrcctor;
Greyhound
are
Place,
dated-April 12, 1948, and has
is. intended that
It
*
40,601
*$4,533,384
final
Exchange
Harry F. Suffleld;4 Petroleum
..Geologist. /*x1" :,..7
7'y\v',..y*
*
the
stock (par
wv/y/.Vu.
Co.,
v
' :""*y'
incorporated in Delaware
v.-;-* *"
is
lease
long thereafter
the
of
other
35, Township 14 North, Range 6 East, Lincoln County,.,OklaT
homa.
% The
2,325,830
,..
mortgage-
instalment /
'exploring
Section-
$3,780,831,$3,845,884:'
purposes.
.
,-V- v
$6,899,815
-
and
v;'"'
a
of
speculation.
Transfer
oil.
$6,846,517
-
land
alleys
and
V-:
:.*v-"j-
_
will
equipment,
obtain
means
at
its
of
they
capitalizatbn of 3,000,000 Shares of common stock (par lc'.
The corporation intends ta engage ih the business of
purchasing
acquiring -oil- leases or interests, therein for*the.'purpose of
'
687,500
shares
received
are
*
•
-
estimated
expenses
it. the
funds
installation
offered*
are
agent,
City, N. J,
accordance with
$4,468,331
also
'■
securities
i
.
deducting
that
will
or
have
promotional
offering at
Jersey
f
1,5(75^61
-8,446 / ;;
each
payment:for
):/■;
TrantJer
.
2,369,740;
;
-
1 cent)—
^
.
public
unissued
,
are
'
3^75,094
197,501
Gardener
in
these
funds
contemplates
and
C.
bonds, due
stock, series
Sells Note Privately—At the present
time, company is
indebted to Pacific Mutual Life Insurance
Co., Los An¬
order
3,757,202
19,357,
.
class
the building, to purchase and install
bowling alleys,
fountain, and to provide working capital.
\Z
.,1,904,054 —1,877,500
4
common
Total
.
Corp., Ltd.—Stock Offering—As mentioned in
issue of Nov. 8 Blyth & Co., Inc., on Oct. 27 offered
20,100 shares of capital stock ($1 par) at $11.25 per share.
Further details follow:
Los
the
been
zines,
$121,976
Plirex
Angeles.
have
advertising agency, effective immediately;; 4t -was.aimounced on Nov. 15.
Tentative plans indicate schedules in national, weeklies, trade maga¬
our
of Los
257,595"
the
Regent Oil Corp., Oklahoma City, Oklo. — Common
Offered—Tellier & Co., New York, are
X'-I-
.
to
remain
Stock
<-$2,164,248 $28,736,491. $26,680,077
$334,876
other
June,- 1948,
sale
This
.
V,
Trust
in
used
payments
1948—12 Mos.—1947
$551,734
Purolator Products,
$119,094
.
National
A
equipment.
97,619
117,000
Messrs.
of
stock
.
$96,508
be
shares
approximately $150,000 when
on
applicable thereto,
President, has announced that the present dividend*
policies will be continued throughout 1949.—V. 168, p. 1803
of America
158,056
offered
stock to
A
director, Now York.
Puget's
Albert Linton,
ciation,
925,000
379,900
dividends
.Balance available for
"
value.
par
the corporation.
corporation will receive, after
The
soda
$338,501
$338,288
net
-
Bank
305,000
$391,265
$526,208
3,094
184,826
revenues-
amortization
'•
$53,654
will
the
32,500
Thesa
$445,696
169,000
income
Deducts,
agent,
280,000
being
ere
>* .*
President, nnd Donald
25 cents per share
"1948—Month—1947 "
stock
A
*
-
class
752
,
class
$10,000.
capital stock of, North Coast Transportation. Co,
Corp.- Dividends of $1,5.78,000 received from the
North Coast Transportation! Co. during the 12 montbscajMtedaSept. 30,v
25,468
collateral
of
rendered
;•
,
$1,264,253
co.
J
preference
to
1946 ?,
25,754
and
$500,
be
is
$79,409
cumulative
,
share, the balance of the class
received
for
deduct.,
&
Provident Mutual Life Insurance Co. of
Philadelphia—
To Maintain Dividend Scale—
■ '
Transfer
$730,534
256,094
Net oper.
Ordinary
scale for all
$725,696
239,600
taxes
competitive
bidding. Proceeds will be used for property additions and improvements
by company and its subsidiaries.—V. 168, p. 1907.
* \
M.
<
$390,682
24,578
7,137
center,
*
shares
per
services
34,269
inc. taxes
38,814
<
for
1948,
population conservatively
a
1 Benjamin F. Keller,
II. Gardener. Vice-Pres¬
or their nominees, each purchased 5,000 shares of class B stock
1907.
p.
Other inc.
registration statement with the SEC
first mortgage
shares^($100 par)
of
with
area
Fanwood,
13.
recreation:
ident,
for
5,082
1,713,735
Prior
$79,611
$5,500,000
1977 .and
B.
an
Oct.
on
modern
a
•
at present.
13,581
•:•
6,761
133,267
J
covering
'
7,271
X: 3,819
145,833
Rut-
Co.—Registers With SEC—
a
$1
at
2,042,701
P.
filed
200,000
.<■
11,009,106
748.
9
H 7,962 \"U";
,
2,314,678
regular
27,053
Nov.
.operating
serve
North'Avenue,
-
469,007
12,200,305
Interest
said. /
$106,663
——
324
at
corporation
,
,
482,135 -•
/
and
>722,567
164,819
on
39,603
3,065
of
office
Jersey
:
3,300,649
939,833
r;
-v-
41,475
———
company on
3,895,572
1,553,706
J; 464,270
157,960
^
12,051
$103,598
,
New
a
,
'*)
'1945
890.113
1803.
1947
.
as
,
$5,764,975
$2,145)208
,
The
*
1946
$6,644,592
___—_——
:f
used
^company,
(est.),
and
at- more than 80,000.'
"
"
v
;
/
completed project which is expected to be in operation in 1949,
of
an
air-conditioned
building
containing 16
bowling
alleys, with seats for players and spectators, a snack bar and soda
."'5;
284,925
168,
Other
W.
income
current
on
mortgages
cumulative
(par 10^) at $1 per share'. ' These
as a speculation.
r
•*'
its principal
formed
was
consist
erect
"
•.
582,856
•
$630,282
income
Federal taxes
large
Chemical
to
A
The
be
product.. equip.__
for Fed.;
"
income
Potomac Edison
Y
revenues.___L
.
168,
24,461*
accruals--™
income
p.
of- the
555,999
deductions
168,
recently
Mr.-Asplundh
$725,532... :
(net)
Gross income
balance
1948
taxes—
operating
income
newest
are
stock
offered
with
purpose
will
a
Operation
-Earnings—
,
.
income
reserve
to
up
Operating
the
in ' 1917.-' Robert
affairs.—V.
deductions-—.—
revenue
the
company,"
revenues
Rico
from
State taxes
$33,201;
class
-estimated
chem-
Maintenance,
Depreciation V_
production will be shipped
incorporated
12 Months Ended Sept. 30—
Retirement
daily
and
coal
Jtorto Rico Gas & Coke Co.
Operating
Operating
1,
Puget Sound Power & Light Co.—Earnings—
':-v
ton
plant
was
majority
his
manage
I
21,008
2,570
:
Period End. Sept. 30—
reserves
•
the
Co.
President,, and
retiring
miles
45
by Pittsburgh's Columbia
where large quantities of fuel
2.800
s
Barberton
customers
about
operated
Midvale
the
to
Midvale
lbdge.
situated
Barberion, Ohio,
olam operation.
commercial
The
plant
is
at
power,
"■About 60%
by
operation
1947
:
1,612,302
—
Minority int. in sub.
—V.
mining machinery, the mine is highly,-mechanized.
A tipple,
completed, replaced one destroyed by fire late in 1947?)
The
•
4,851,433
Dividends
years. ./Equipped
A
are
/ The
named
offices
Tasplunuh, Vice-President,, --announces that this company has
acquired controlling stock interest in the Midvale Coal
Co.) an Ohio
corporation, which is being ■, liquidated.
Its
mine will
be
operated
es .the
Columbia Coal Division of Pittsburgh Plate -Glass Co.
Located near New Philadelphia, " Ohio,
the Midvale operation is a
mine
Oct.
-Fiscal Years Ended Oct. 31-
656,218
(Cr)
aband. of
on
Prov.
Pittsburgh Plate Glass Co.—Acquisition—
estimated
class
erecting
primarily for bowling, to
1149.
p.
J.,
the
ACCOUNT
2,082,227
exps..
Profit before charges.
'..
E.
deep
INCOME
'
>
are
OF
6,211,862
______
adm.
Interest .earned
last
Mgr.—
Manager, has been
the general
preceding
$7,776,430
sales——_____
of
Interest
kwh.,
headquarters at
the
due
$9,599,027
and
*■■,/
Promotion
50c
COMPANY,
N.
follows;
'*■/v
,
Aug. 31, '48
corpora¬
week
payable,
$387,667;
securities
be dufe Oct. 1, 1963.
Company *
1- beginning in 1951, an amount /■
the preceding fiscal year after - •
for
10 Mos. End.
General
p.'2012.
Corp.—.New
Promotion
Pa.—V.
instalment
STATEMENT
Selling expenses
271,463,000
*
D.
fixed
will
each Feb.
earnings
$50 000.
Cebu, the announce¬
corresponding
dividends
such
pay
net
gold and base metal
totaled
the
1948
total, $4,059,577.
for.Federal and
reserve
year,
shares
%
400,000 shs. ;'
UNDERWRITER—Blyth & Co., Inc., Los Angeles.
1
Loss
jPaul
its
of
Net: sales
1948,
for
30,
Securities
;
of
obligated to
of
%
•
companies
13,
kwh.
amount
10%
to
Cost
tion
SEPT.
AT
Rec-Hall, Inc., Fanwood, N. J.—Stock Offered—Farrell
Co.,* New York, on Nov. 16 offered 200,000
opener.;)
the company bor- *'
Co., Los Angeles,*'
unsecured instalment *'
the balance of $195,000
deducting
Pioneer Service & Engineering Co.—Output—
as
AS
Oct.
the
maximum
the
Philippine Republic, has been elected Chairman of the Board of Direc¬
tors, it * was announced on Nov.-16. -He will assist in the direction of
the company's exploration and-development of natural resources within
the Philippine Islands.
,Y';'Y: "V/,
ment
in
inclusive;
to
to
SHEET
payable due after
participating stock
(par
value $6.25), $1,660,050; class B
stock
(par value
10 cents),
$40,000; v capital
surplus,
$1,500;
earned
surplus,
$675,123;
total,
$4,059,577.—V. 168, p. 1698.
FINANCING •-/■'*
400,000 shs.
evidenced
of
will also be
High
assets, $425;
$158,000;
one
$1,000,000, on which fixed instalments will
be due as follows; $55,000 annually from Oct.
1, 1950 to Oct. 1, 1953,
both inclusive $65,000 annually from Oct)
1,*1954 to Oct. 1, 1962, both
McNutt Elected Chairman of the Board—
Paul
the
on
payable
(banks), $550,000; accounts payable
$184,135; mortgage instalments due within one year, $91,000;
salaries, wages, commissions, etc., $86,682; social security and
withholding taxes payable, $16,443; Federal and State taxes payable,
a
Outstanding;
$1,000,000
par)
instalment
date
Mutual
Finance
share
per
(trade),
company an additional $250,000.. This latter agreement*;;
that the presently outstanding note will be cancelled and a
4Mj %. instalment note will be issued by the company to Pacific
new
$15,022,244 $14,109,584
American
cents
•
2012.
Philippine
$279,178
(est.)__-—.
months
LIABILITIES—Notes
provides
-V.
income
six
of its net earnings for the preceding fiscal year after deducting-;
10%
the
6,855,910
.
the
$524,581
*43,674
201,000
fountain, and an adjoining parking area to accommodate approxi¬
mately 150 cars. • ;
.*.
•;
_• 1 ■r*'-.-.:/
date, pp to a maximum of $50,000.); '/
The company has an authorized capital of 325,009 shares of common
19, 1948, the company and Pacific Mutual agreed r
stock (par 10c) which is divided into two distinct classes, as follows:
that, immediately following the receipt by the company of the proceeds
250,000 shares of voting class A stock and 75,000 shares of voting
from the issuance of the 20,100 shares of capital stock Pacific Mutual:!,;
class B stock.
■
*
*.
\v
will lend the
to
1,950,000
-
loan
Under
*."393,787
*
49,400
85
other
$4Q,000
annually from March 1, 1950 to March ,1, 1953, both inclusive; $50*000/
annually from March 1; 1954 to March 1, 19G2, both: inclusive; the
balance of $140,000 is due March
1,; 1963.1 In addition the company
has agreed to pay each March ,!,' beginning; in. 1950) an amount equal-
.153,186
47,767
property—
.
value
(par
'
laundry
from
promissory note
156,000
704,213
15,922
158,000
;_
taxes on
for
BALANCE
loan agreement dated Feb.,
9, .1948,
Pacific Mutual Life Insurance
a
$750,000
which
376,934
921,723
•
243,188
poss.
Employees'
Reserve
351,913 '
:.
($1
^Pursuant to
r.
115,045
stock———^ 171,600
commercial
a
bowl cleaner
GIVING
instalment
stock
rowed
194,096
>
J—118,041
■
for
taxes
payable, Oct. 1—common
Long-term liabilities :( non-current
for
145,910
249,814
taxes——IS-
as
,
■••'Unsecured
,146,024
year
320,619*,
422,753
$402,267
income
,
ASSETS—Cash: $255,600; accounts receivable, $669,398; inventories,
$1,333,001; fixed assets, (after reserve for depreciation and amortiza¬
tion of $250,293),
$1,708,519; prepaid and deferred accounts, $87,634;
Aug. 31, 1948, approximately 64% of
volume of sales were of the sodium hypo¬
.
Capital
$2,120,580
accrued
income
Dividend
Res.
1
Purex
for
of sales of
V
OY
.$2,600,739
——
of
name
to
medicinal
281,994
.
payable
the
earnings
$175,776;
4515,022,244 $14,109,584
-
—
under
shipping,
expenses.^
ended Sept. 30, 1948 were equal i
outstanding class A: stock and alter
allowing for a full half year dividend requirements on the 50 cents
class A cumulative and participating
stock; net earnings remaining for
the outstanding class B stock was 40 cents
per share.
*
ended
dollar
CAPITALIZATION
Total
incorporated
was
packing,
'-$228,345
other
and State
'■■Net
swimming pools,-in the manufacture of certain food
products, by small water companies for the reduction
of bacteria count and by hospitals and sanitaria as a
general disin¬
fectant.
During that same period of time, approximately 35% of the: •
-company's gross sales were of the synthetic detergent, Trend, which: ;,;
is primarily for home use.
The remainder of approximately 1% con¬
1.
255,297
»—
new
a
1947
-
accrued
disinfectant
122,079
3,324,022
———_———"
Prepaid expenses
the
company's gross
and
100,748
112,450
4,139,464
——
etc.
(net)—
assets
80,286
6,071,949
516,390
570,754
and
incl.
operationsi-1/
profit
16%
205,902
7,131,278
$300,000,
Net
chlorite solutions, of which 62% was a 5V4% solution sold as a bleach,
disinfectant and deodorizer primarily for home
use,
and 2% was a
$3,406,214
71,708
—.—
supplies
investments,
Fixed
1947
$2,456,739
197,925
——
obligations, at cost or red. value-—
receivable, less reserve for dbtfl. aocts._
inventories, at lov.er of cost or mkt
Accts.
cost
•
"Purex."
name
During
7
30
the
Cash
plant, estimated to
less
Federal
»•
Corp. on Dec. 16, 1927, in California.
Company's name was
changed to Purex Corp., Ltd., Jan.. 10, 1930.
>
The company's principal business is the manufacture and distribution
of sodium hypochlorite solutions; a
synthetic detergent (or suds- pro¬
ducing soapless cleaner); a toilet bowl cleaner and sanitizer; and a
plumbing drain opener. The synthetic detergent is sold under the brand ^
name
"Trend," and all other products of the company are sold under
$1,357,477
390,000
*
*
sulfonation
from
Interest
Chemical
*832,002
.
($196,515) and the increase in the loan will aggreintends to use such funds towards the con¬
overhead,
selling, administrative and general
Profit
•
$4,244,713.,,. $3,240,359
825,020
845,200,-
profit
Operating
Company
a
drying tower, estimated to cost $150,000.r.
$2,296,887
107,408
839,988
$1,370,507
$958,319
outstanding.^^----/
share
Earnings per
•
587,357
—
Ehare.s
Common
*
(estimated)
taxes
income
stock
$441,515.
struction of
*■
Federal
Gross
.'
1948
;
■
sales
Net
Inc. negotiated the new agreement.
■
J PURPOSE—It is estimated that the net proceeds from the issuancegate
Other
Six Months Ended Sept. 30—-
promissory note in the amount of $1,000,000. Blyth & Co.,
'
—
Reading Tube Corp.—Earnings—
additional
$31,859,599
expenses—__
_____
Monday, November 22, 1948
$250,000.
1946
$34,000,344 $33,704,423
amortization—-.—
and
profit
Operating
CHRONICLE
stock Pacific Mutual will lend the
company an
1947
wurehse.,
oper.,
admin,
FINANCIAL
The transaction will be effected by the cancel¬
lation of the presently
outstanding note and the issuance
to Pacific Mutual of a new 4%% unsecured instalment
1948
—
Total
Cost
&
$33,504,420 $33,235,009 $31,374,508
495,924
*469,414
485,091
Sept. 30—
sales
Other store
COMMERCIAL
;
143,
P.
122..;.
.
V/ :
(Continued
vr-:. 7;
on page
54)
...
Volume
168
Number 4753
THE
'
COMMERCIAL
Stock Record
&
FINANCIAL
CHRONICLE
(2125)
New York Stock
«»
Exchange
DAILY UNIX OF PUCES
WEEKLY VOLUME OF TRADtWG
YEARLY RANGE OF SALE PRICES
FOR EVERY USTEO ISSUE
:
Range for Previous
STOCKS
Year 1347
Lowest
4 perthare
66% May
90
Jun
5%
Dec
43%
Apr
13',a May
38
May
30 % May
6
May
Dec
Range since Jan. 1
t per thare
871/2
100
NOV
I per share
$ per share
1
14
31/8 Nov
18
6% Jan
9
ACF-Brill
60
Oct
451/2 Feb
11
55% Jun
1
Acme
18%
Oct
14% Feb
11
23% May 15
46% Jan 27
Adams-Mills Corp ____^—.._No par
79% Jan
2
*39%
42
*397/a
30%
30%
31
30%
Feb
20% Nov
19
27% May 15
Air
18%
17%
1,300
38%
17%
30%
18
17%
18
17%
18%
8,400
Feb
99
112
Feb
104
Apr
12%
202
65
Nov
108
37
Feb
69
.May 18
5
80% Jun
Oct
7
75
28
34
24
109
90
22V2
Feb
36 %
Mar
8% Sep
xl71
2
96
Mar
3
xl7% Nov
198
Oct
28
Mar
39% Mar
25
Feb
1051/2 July
42% Oct
81
Mar 24
99%
35
Oct
Jan
8%
Apr
107
Dec
50%
11%
Dec
80
Dec
34% May 20
Allied
91
Nov
3% Nov
10
Jun
50
83% Feb
20
121
36
20
Jan
6%
May 21
Nov
10
52% Jun
16
10
Mar 22
American
68
Mar 22
3%%
31
Jan
771/2
Jan
58% Feb
17%
Feb
May
50
Feb
Nov
103
6'A Sep
111
3
Jun
6%
Amer
3
4%
American
92% May 14
American
Mar
3% Nov
76V4 Feb
166
Dec
196%
Sep
1631/2 Oct
18
Jun
14
36
May
54%
Feb
30% Nov
10
49% Jun
3
94
May
20% May
1053e July
115%
Jan
81
16
100% Jan
21
Oct
99
281/4
Feb
110
Feb
56
Aug
10
6
Nov
18% Mar
104% Jan
40
Nov
19
Sep
26%
Feb
Dec
24
Feb
16
5
88
Dec
38% Dec
10112
Dec
25 % May
3% May
13
Jun
16
Dec
2
Dec
86
Dec
102
Mar
48% July
110
May 18
46
6%
American
5
Jan
2
7% May 20
19% Oct 26
Feb
Feb
May
18% May
102
Dec
43
14% Mar 16
14% Sep
1% Sep
Apr 15
4% May .15
89% Jan
9
20
43% May 17
7% Jan
5
46
Jun
25
Jan
20% Feb
11
Jan
6
88
Oct
14%
Nov
30%
Feb
Jan
53
Jan
Nov
10
Apr
10% Feb
16
92
Jan
15% Jun
13% Jan
5
19
24
18% Nov
95% Feb
Jun
26% Jun
9
27
108
I per share
18% Jun
80
Dec
7%
Dec
8%
Lowest
$ per share
28%
15%
85
Dec
129%
Dec
117%
11% May
170
Dec
186
Feb
6% Oct
22
8% Jan
Feb
10
34% July
28
11% Jun
11
Feb
72% Feb
21
12% Feb
13
162% Nov
3
176
Jan
28
Apr
46% Feb
11
68
70%
Dec
July
*
Mar
158
Jan
37
Feb
28% July
29 V4 Jan
21
Jun
34
May
47%
Dec
116
May
146 Va
Feb
139
Mar 10
31
125
12% jan
12
163% Jun
Mar 19
Nov
27
'
140
13% Oct
27
18
34% Feb
Jan
35% Jun
21% Nov 10
13
Apr
4%
50
*47
1
24% Jan
41
116% Mar 15
5
May 21
131% July 15
20% May 25
10
5
20
Oct
163% July
17% Aug 18
131
Oct
1
Dec
46% Feb
14
120% Aug
115% Nov
9
60
8%
Dec
7
Feb
144
Jan
50%
Oct
Feb
95
Jun
103%
Feb
76% Mar 16
5% May
10%
Jan
Jan
4%
Apr
...
Dec
*38%
4%
69 %
42
Apr
Mar
6
51
Jan
Feb
56% July 28
21
104
Nov
16
30% Feb
11
Jun
67
Metal
Co Ltd
preferred
Molasses
News
Power
Co
1
Co
&
Light
Amer
Am
.
San'y
preferred
6%
_
Snuff
non-cum
6%
1%
.12%
13
*76
77%
7
x31 %
*125
12%
7
♦76
6%
32%
*30
126
126.
7%
7%
31%
31%
311/4
7%
Thursday
Friday
7%
6%
♦31
7%
Sales
Nov. 19
1 per share
13
13
■
Sharet
13'/B
*76
77%
77'%
6%
6%
-31%
9,300
10
6%
31%
31%
126
♦125
,
128
6%
6%
*31'A
1,200
1,900
200
6%
31%
for
the Week
1 per thare
31%
900
,
300
.
7'%
84
com....No par
75'/B
75%
14%
15
14%
15'/8
1,700
14%
15%
15
15Va
15
15%
15
15%
20,300
100
*165
167
165
5
6%
7
6%
71/B
*24%
25
*24%
25%
25
par
40
*39
52%
39%
52%
*144%
*33%
39%
35
144
;. 1—25
com:
34
34
100
..
*21%
*13%
100
*36 %
100
*18
100
_
127
100
Co
7
common. .No par
21%
22
22
22
22
221/4
13%
13%
37%.
120 %
*18%
391/4
*120
18%
150%
.
150 7/a
*13%.
37%
120'A
151%
64
*18 3
117
117
7
7
93%
*96%
94
*85
94
2iy3
10
Copper Mining
Products Co Inc
Archer-Danjels-Midland
20
.
101
50%
•
33%
22%
*9
__5
4%
.No par
24 Va
*50%
22%
10
*9
4%
25
25%
*101
50%
22%
32 J/4
33%
130
28%
13%
22%
*13%
39
121
•;
•
r
29
22%
.
310
300
130
2,200
V
3,200
121
14
300
39%
*39
800
121
400
18%
18%
18%
18%
18%
300
151%
151%
151%
151%
151%
17,700
6IV4
10,400
60%
601/2
134
134
66%
1171/4
71/4
71/4
43%
*961/4
97%
65V4
.
*117
7
60%
59%
60%
135%
134%
135%
65%
66
117%
117
7%
41%
42%
96%
*85
7
60'A
135
661/4
136%
65%
117
*117
7
7%
4,100
40 Va
17,200
96
96
97%
88'A
*82
90
*80'/a
52%
52%
54
100
7'/a
97%
52%
820
3,200
39%
40%
6%
66
117%
39%
51
6%
6%
54%
97%
90
6%
55
55
400
100
3,700
340
34%
-
34%
34%
34%
34%
34%
35
34%
35%
16,100
32%
33
33%
33
33%
33
33V2
33
33%
1,340
25%
25%
25%
25%
25%
25%
25%
25%
25%
1,600
102%
IO2V2
102%
*101%
51%
50%
-50%
231/4
23
10
4%
.
331%
*126
230
6,400
,
151'/a
53%
53%
;
%
*18%
6%
55 VB
41%
54%
147%
18%
41%
,
13%
39
121
1,100
151%- '
6%
55 Va
-
13%
39 J/4
121
6%
25
-
*120%
86
preferred
Corp
117%
.
13%
39
39%-
86
6%
6%
Co...
65
98
*81
42%
6%
&
60
71/8
40%
8
133%
117V4
14%
121
151%
65V8
6%
Oil
34
22%
14%
10
6,800
;
24
53%
128
22
40%
101
34
127
22
6%
Cable
34%
127
2,300
1451/2
•<
29
.40%
.No par
com
*33%
*125
15,809
71/8
♦40
53%
28%
18%
116%
5
Inc...
7
39%
7%
168
23%
147
28%
*96%
Andes
53%
1451/4
28%
1
20
53
146
29%
122
150%
preferred
14
52%
145
29
59%
_
7Va
23%
127
133%
common.
39%
*165
29
59%
Clayton
39%
7
23%
168
127
133%
Anderson,
7%
23%
*165
28%
38
*120
5
*125
63 %
Anderson-Prichard
-
28%
28 Va
.No par
Tobacco
127
*125
59%
16
167
1
35
*33%
133%
36Va Jun
39%
.
54
145
63%
&
7
X23 %
39%
53
144
1441/2
58%
Woolen
-
7%
25
39%
54
52%
146
*165
'
133 VB
Works
165
7
par
—100
—
167
*165
—100
18 Va Feb 11
For footnotes see
page 28.
200
83%
Co
preferred
W
102%
7%
$4 conv prior preference
Lead & Smeit
P
*100
76
Amer Zinc
A
7,700
84%
Foundries--No par
Co
.No par
14
3
19
75
preferred
60% Jun
6% May 26
102%
200
18%
84
Viscose Corp common__l4
$5 prior conv
800
*16%
18%
85
25
American
1,000
11%
17
76
."
Co
Tobacco
Water
11%
84
preferred
5%
Am
■
/
75%
American Tel & Tel Co
American
A
17
•
86
common...No par
Sumatra
American
13%
8
11%
6,100
6%
85
76%
American- Sugar Refg common
7% preferred
American
7%
24
*6
*75
-
300
3,000
85%
...
Stove
8
4%
49
23%
6 %
85
Nov. 18
7%
*31%
'100
4%
*47
24 Va
PRICES
t per share
126
*7
n
6%
*75
Nov. 17
7Vb
126
:
6%
4 Vb
'49
•
76%
-
3
34% Jun
23%
10,800
•
77 "A
33%
2
♦47
8,900
41
38%
86" ~
25%
16
4'/a
40%
*38
86
31%
Nov
39
38%
4 Va
13,700
20,100
"
6%
76%
31%
4Va Mar
38%
38%
49
2
47%
6%
39%
Wednesday
32%
46
500
600
600
1%
45%
39
24%
5%
17
15%
77'A
_
& Refg
preferred
American
7
15%
6%
77%
32%
32
7%
HIGH SALE
*16%
9
2
85%
Safety Razor..
.No
Seating Co—
Ship Building Co—— -No
American
.8
:
17
15%
1,200
2,100
;
85
33%
24
43%
5Va
600
76%
No par
Smelt
7%
7'A
AND
12%
126
*6%
*31%
11% "
4
5%
16%
.No par
preferred
7%
126
31%
*25%
Oct
45
85
*75
100
*76
6%
7
7%
'
30%
127
31%
.No par
com
6%
6%
6%
85
1 per share
77%
30%
_No par
Feb
23%
Tuesday
13
12%
*76
6%
—50
6%
*47%
Nov. 16
I per share
30 %
7
No par
$6 preferred
Amer Rad & St
*6%
Wire
39%
49
100
Nov. 15
1 per thare
Copper Mining
Apr
4Va
24%
Ld W
Anaconda
Jun
47%
*6%
Monday
Nov. 13
Anaconda
Apr
*38%
4%
'75
100 Va
100%
Saturday
Anchor Hock Glass Corp com ..12.50
$4 preferred
Mar 17
37'A
39
24
6Va
6%
103 %
*100
38% Jan
8
6%
102%
100
41% May 27
45% Jun
2
Jan
42%
7
42
2
*99%
preferred
13
16
15%
18%
10
46 % Mar
*16%
2'
18%
Feb
58% July
24% Dec
16%
15%
18%
25% Oct
11
16%
*15%
18%
30
Jun
31%
18%
•
107
31 Va
*5%
19 Va
Jan
9
32
•
5%
18%
Dec
Sep
31%
32%
18%
6%
51
98
98%
18%
May 19
5
98
11%
2
112% July 28
8% Jun 24
17
98%
*16%
10
22
98%
17%
com
38%
111% Mar
5
23%
23%
99
ii,500
1%
6%
37
49
*47
23%
10
38'A
Va
4%
49
23 Va
87%
37%
11%
9
9
Jun
8% Apr
36% Mar 17
110 %
Mar
71% July
120
11
May
i6%
38%
4%
43
7%
16%
*86 Va
33
11%
Steel
68% Jan
Nov
38%
4%
49%
17%
87%
37%
*16%
Stores
158% Jun
Nov
44
7%
*16%
17%
American
54% Mar 29
3%
*38
1
48%
42%
*?
10
500
*
-
17%
3,200
*86%
49%
54%
7% rv5.
48
38%
■...
43%
2
300
1,600
*
37%
5%
15%
1%
81
17%
*16%
American
147% Mar 17
93
7
«'
31
81
43%
16%
9
Feb
30% May
36% Dec
51 %
'
590
3,000
30%
87%
31%
17
15%
2Va
9,200
31
99
5%
*16%
15
8,500
174
17%
16%
26
Feb
May
•
2
3%
80'A
'/a
37
32
*5%
17
15
2
31%
5%
9,300
41 '/a
16%
22
82%
H%
V ">.
__^_No par
Co
—10
17
15
\
2
32%
5%
*16%
3
80
174
hi
42
17%
11%
11
174%
62
17
*16%
:__40c
32
5%
17%
11%
$5
12
Apr
68%
31%
5%
No par
American
Jun
26 %
31%
,
No par
American
149%
Dec
*86 Va
37%
98 %
3%
400
8%
21%
85
9
Oct
90
;
l
105
7%
108 %
*75
25
35% May 18
10
25% Feb
Oct
18%
7%
87%
37%
98%
,
105
<7%
21%
*11%
Amer
May 27
Oct
*86%
98%
87%
20
*107%
11%
27
46
Dec
87%
38%
37%
97%
2,000
21%
85
American
14
41*8 May
T6%
38%
i,700
108 %
*6%
~ American
27
X116%
16%
1,300
30,300
21%
*75
8
Sep
Dec
16%
3,600
"
*107 Va
*11 %
*16%
2
38
25% May
23 % Jun
17
16 Va
87%
2,600
84
42
16%
98
100
34%
'
21%
16%
98
10%
80 Va
30%
42
17%
38%
10%
34 Va
-
174'/a
*81
108 %'v
16%
*17
62%
49
4
No par
6%
95% May 14
86% May 14
16% May 21
81
Feb
41%
*16%
*86%
__20
Ice
*107%
42%
16%
10
com
21%
108'A
'
16%
16%
100
Leather
21%
107 Va
*42
49%
22%
*61%
79%
81 '
*
*22 Va
173%
31%
21%
49%
Va
62%
3%
80%
81
•
22
105%
7%
172%
30%
21 %
6%
'
81
10
com
•104
31%
42%
Par
24
16% Feb
172
21
94
39%
6%
11
81
\
93%
35
85
108 %
*16
79%
171
1,900
38'A
34%
32%
*80
*41%
10
80'/a
171
2,600
3%
49
6%
*10%
3lVa
*107%
1
■
27
3%
*44
95
11
104
100
38%
49
3%
79%
'
.
27
4
49
22 Va
35%
3%
41%
com
104
27%
♦61 Va
3%
171
800
62%,
3%
•'*
12,600
80
6%
7%
107%
preferred...—
Home Products
6
6% Feb
29
22V4
7%
79%
29
80
38
6%
7%
41 %
127
135% July
14
38
7%
171
31%
21
100
120% Oct
Oct
40
21
*
-
30
Feb
135
85
com.No par
42 %
Dec
79'/a
28%
3%
49%
99
104
*82'/a
*94
3%
169 %
American
22%
Dec
80
104
83%
700
9,400
81
95%
8%
3%
169
*80
No par
Co
3%
32 %
*
103'A
7%
*31%
conv
7%
9
34
32
3%
79%
>
No par
L.
&
8Vb
35
15% May
48% May
7%
-
103
13
6% Nov
62
1
103%
100
30
31%
82
*44
6%
34%
19
30
30%
29
*26%
4%
49%
*10%
EXCHANGE
July
6%
11
NEW YORK STOCK
Feb
142
22'/4
107 Va
com
Hawaiian SS
1
16%
136%
Power
Hide
9
9% Aug
Jun
22
38
50
35%
77%
Oct
6%
49%
*34%
12%
Feb
6%
49%
94%
35 %
77 %
Feb
17
*38
6%
34
Amer Mach & Fdy Co com— No par
3.90%
100
preferred
Amer Machine & Metals..
.No par
9
96%
38%
1,500
28%
49
34%
34
*103
10% May 27
Feb
76%
95%
20
700
182 Va
*17%
4
200
8%
82
X81
27%
4%
*44
*61 Va
21% May 24
94% Jun 10
24% Mar
27
4%
49
49%
169
$ per share
9
27
4 Va
*44
62%
13
Feb
26%
4
48
*10%
11
16%
26%
*61 Va
6% Feb
14%
82%
62%
11 '
77'A Nov
39 %
Dec
29%
82%
22%
12% Nov
Dec
>
82
•28%
22 Va
Feb
32% July
147
July
*81
83
*10%
Sep
28% May
7
6%
Jan
101
82
4.
8%
18%
3,700
95
30 %
*61 Va
No par
preferred
Highest
tper share
29 3
30%
11%
_
Dec
x25% May
127
Range since Jan.
Highest
29%
30 Va
STOCKS
Year 1947
*17%
4,200
104
182
17%
82%
*44
27 Va
104
182
28%
29 %
25%
4%
48
181
6% non-cum preferred
100
American International Corp.No par
American Investment Co of 111
1
American Locomotive common
1
3
Jun
26
70 Va
8%
31%
83
No par
American
14
*81
8%
8,100
51%
26%
*93
Va
30
i_No par
American
13
11
83
17%
61 y8
preferred series A.100
preferred
6%
30
22%
100
Co
American
5
*28
29%
No par
preferred
American
•26% May 20
8% May 21
28%
19
8%
3
51'/a
94
1,100
•
*68%
.
104%
94
180%
61 Va
1
25
Export Lines Inc
Range for Previous
Lowest
Inc
$7 2nd preferred A
106% Mar
116
Co
Cable..
$6
Jun
13
&
12
9
8%
180
*104
■
*81'/a
..._100
24
Nov
8%
1811/2
22 %
100
common
14% Jun
4
97
*10%
No par
com..
:
77% Jan
37% Jan 20
lOiA
Cp
17
Oct
55
Co
16
Apr
105
1
10
common
16
9%
26%
*95
38
Radio Corp.
Amer & Foreign
$7
70%
31%
38
6% Nov
Nov
50%
26%
31
50
42'/2 Nov
37
50%
*68%
26%
3,900
16%
71
27/a
70%
*104
8%
16'A
3
50'A
28%
37
Distilling Co.
American
*80
2%
17,500
2%
*69
26 Va
26%
*17%
37
6%
Cyanamid Co
conv
25%
50
3
*68%
71
29
*48Va
Encaustic Tiling
American European Secur
19
27
42%
x34'/a
3%%
81
71
31%
1
American
Feb
17% July
20% July
6%
Shoe
Chicle
American
3
49% May 21
Feb
12
4%%
25
26
Jan
Apr
16
Oct
Feb
251/4
9 % May
Jun
25
101%
90
94
107% Jun
29%
81
16%
*69
19
preferred.__.10C
Colortype Co
Crystal Sugar
prior preferred
10
83%
29
*15%
71
95
95%
American
14
*80
16%
2%
105
180
94%
American
3
11
115%
Jan
15
22% Jun
33'A Feb
Dec
22~s July
6
May
20% Jun
94% Feb
Dec
49
6
13
8%
31%
21
16%
100
103
27/a
*91
•
180
*28%
20%
*100%
2%
50
non-cum
Oct
7A
July
5% May
5%
28%
31%
*4
Corp class A
Chain
American
8%
2lVa
102%
2%
*104
95
180
20%
*100%
2%
102
*69
r
50%
•
26%
105
*92
28%
*44
__
Aug 23
51
*103%
8%
*68
26%
21%
42
2%
3
50 %
71
26 Va
94%
Broadcasting
American
*68
21 Va
*100
71
2%
94%
Note
Can
51
*17%
1
common—
preferred
Jan
118'A
741.2
37
7%
50%
*69
3
19
1—50
com
71
2%
31
No par
Chemical.No par
conv
Cable &
*69
50%
*17%
par
16
.
26%
No par
Co
American Car & Fdry com
7%
preferred
May 21
; 3
Feb
86% Oct
27
28
15% Nov
18Va
177
Amer
3
71
..No par
preferred
conv
71
*178% 180
__No par
Inc
Bosch
Brake
16%
95
Corp common..No
Bank
16%
105
preferred
American
15%
*25
5
Airlines
cum
9% July 28
6% Jun 24
21
Dye
Agricultural
American
May 19
14% May 14
43% May 15
9
Nov
Amer
29% July 13
70
9
9% Mar 17
34
9
15%
*91
*8%
preferred
Petroleum Corp
6i/8 Oct
2%
*103%
convertible
Amerada
21%
101 %
2%
*68
par
preferred
100
Allis-Chalmers Mfg common.No par
3%%
conv
preferred
_.10G
2
21 %
*98%
2%
50
'
1
Alpha Portland Cement
Amalgamated Leather
6% May 17
10
Stores
21%
101%
2%
2%
4%
3
31% Oct
19
Nov
Dec
Feb
3
42% May 27 '
May
~7%
Jun
21%
*08%
2%
_No par
,
Allied Mills Co
37% May 15
98
44
Co
8
19
x25
Kid
11
471/4 Sep 28
18% Mar
9
H01/4 Nov
Allied
19
Apr
Mar
30
&
Chemical
21%
101%
gtd__100
Inc
Allied
May 17
80
Feb
51
preferred..
*39
*69
1
Allegheny & West Ry 6%
Allen Industries
28% Nov
Nov
cbnv
$4.50
40
*15%
preferred A
100
prior conv preferred-No par
$2.50
*38%
2%
21
100
common..;
40
*98%
5
Allegheny Ludlum Steel Corp.No
14
21% Jan
8
common
preferred
5%%
Apr 23
11% Jun
20
Inc
4%%
May 21
May 24
No par
:
Vicksburg Ry
100
Gold Mining—10
Allegheny Corp
May 13
24% Feb
Inc
Juneau
Aldens
2
&
*38%
>
1
Reduction
Alaska
4% May 15
58% Oct 23
10
Corp
Alabama
4% May 20
21% May 21
2% Mar 15
Nov
Nov
Dec
47 A
3,800
40
30%
Dec
3% May
75 'A Dec
18%
18%
40
31%
Jan
Dec
18%
2,000
40
1031/2 Sep
36
18%
10
47%
47
31%
Feb
107 A
48
17%
Nov
9
*47
31%
48%
20 A May
18%
48%
4,300
17%
767/a
6534
18'A
x47
3%
31
Dec
1
18%
1,800
84
3%
17
Jan
50%
50
18%
68 Va
*78%
3%
30%
27 %
34 % May
49'A
18%
67%
81
16%
56
Mar
49%
18%
67%
30%
44
73
49%
17%
3 Va
Addressograph-Multigraph Corp__l0
Feb
Jan
*78%
3%
49%
17%.
1
66%
84
Admiral
Aug
5% May
Co
66 Vb
3'A
41% July 27
19l/a Nov
5
5%
46
Express
66
*78%
3%
9
102%
24% May
Adams
66%
84
3'A
10
Dec
Jun
*49%
Co_
13
2% May
25% May
30'A May
10
Steel
66 V8
*78%
3%
Nov
10
91
81
3 %
71/e Feb
26
;
66%
81
3%
28% Feb
10
30
66%
84
3%
Shares
40
Nov
29'A May
67 %
*78%
2.50
Co
for
the Week
$ per share
Fe*
2% Nov
90
*65%
No par
Motors
Sales
Nov. 19
t per share
Oct
14% Feb
May
No par
& Straus
Friday
Nov. 18
$ per share
Jan
Feb
18
Abbott Laboratories com
Thursday
Nov. 17
S per share
IOV2
Jan
May
t per share
Abraham
May 14
Wednesday
Nov. 16
40%
6%
164
t per thare
HIGH SALE PRICES
Tuesday
Nov. 15
55
3iy2
Dec
Par
78 % Oct
100
Monday
Nov. 13
63% Oct
Dec
Nov
Saturday
Feb
Dec
10%
LOW AND
STOCK
Jan
3%
90%
YORK
EXCHANGE
July
16 %
75
NEW
Highest
•
103A
110
'
25 Va
Lowest
Highest
17
4%
241/4
24%
*9
4%
24
23%
10
4%
24%
*50
22%
*9
*4%
24
103
'
♦101 Va
103
101
51%
*51%
52
52
52%
600
23 '/a
22%
23 Va
23%
8,200
10
5
24%
♦9
*4%
24%
23%
10
5
.
,
•
♦9
/
24%
101%
40
10%
*4%
4%
900
24'%
25%
5,500
'
X25
Nov
10
32% Oct
90
Feb
17
101 % Jun
25
15 Va
15%
Oct
774 Nov
10
130%
Jan
77'A Sep
30
Dec
4 Va %
Jan
Jun
55
Jan
41% Feb
10
56% Jun
110
Feb
88
Jan
29
99 % Jun
14
10% May
17%
Feb
1374
20%' 'Feb
Dec
9
Feb
5
14
Jan
Feb
2
17% Aug
9
Artloom
19
May 10
106
Dec
132%
Feb
99
Dec
134
Feb
94
Mar 12
25
Dec
34
Sep
26
Jan
5
66
May
99
Jan
11
120% Sep
X98
Dec
112
July
Feb
96
Mar
3
107% Jun
3
Feb
14% Feb
11
1-9% Jun
24
40 % May
59
Feb
45
Feb
24
23%
Jun
34%
Feb
25% Jan
6
July 14
48% Nov
1.
62
Jan
77
Sep
10
30
Feb
102
Feb
Aug
91
Feb
Feb
11
Apr
73
July
48% Aug 27
121
July
26 %
27%
2i2 % Mar
Jan
64% Apr
Sep
Oct
19
Feb
.5'/8 Nov
13
Dec
18%
Feb
12% Nov
9'
Dec
29%
Jan
7% Nov
10
19
Jan
Shares
151/4
Dec
27%
Jan
10
iy%Jan
8
7%
Feb
4% Feb
26'
7% Oct
26
Feb
35% Jan
22
46
Jun
2
12%
.
4% May
49,
Dec
xll
Nov
9%May21i
Mfg
Avco
$2.25
Corp
*14%
15%
15%
*14%
13%
13%
46%
9474
107
13 Va
13 Va
13%
14%
14%
102 %
102%
97
95 %
96
96%
96%
98
30%
30%
2974
2974
30%
3074
99%
100%
101
101%
100
*101%
101%
101%
101%
101%
20
'•<
*55
100
102
*20
23%
1,603
49 %
49 %
48 3A
49
49
49
1,900
45
46%
45%
46%
71 %
74
41%
44
71
71
71
38%
37%
38%
106%
106%
108%
106%
94
95
95
94%
20%
20
20%
so¬
56%
55
55%
55
los
103
103
*20
23
*20
5%
'5%
5%
13%
*13%
12
11%
6%
13%
8%
11%
6%
8
67a
42
43
*13%
13%
*13 74
104
8'/a
12%
12%
12%
12%
7
6%
7
100
1,600
100
1374
13 Va
1,500
8
8
12 Va
1,200
12%
674
7
26,800
*42%
7
674
*43
43%
*42
*
Ji.i—J
6
*574
8 Va
Va
23
*20
13%
8%
8
43
»
*10174
574
12%
6%
7
42
*5%
3
12%
42%
*42
5%
5 %
5%
13%
8
50
22%
*20
22%
54%
4,200
20
-
101%
101%
103
20
55
rnr\
95%
,94 74
20 Va
.
230
107
107
/ 95
20
500
20,400
37 Va
36%
3774
6,400
76
*72
107
107
20
23%
*?0
x36%
92%
20%
14
8%
12
No.par
700
15
.
37%
5%
common—3
(The)
102
15
*65
*13
8%
5
Amer
10274
102
15
5 /a
*
5c
10074
101%
•
56
56%
101% 103
55 %
102
No par
preferred
20%
8,600
10174
147/4
44%
92
2,600
101%
43%
20
190
3074
100%
100
49%
38%
107
92
98%
30 74
15
49%
Z
98 Va
3074
101%
49%
45%
73
43%
130
98%
30%
•
102
48
*68
37%
107
3,500
102
*101
*14%
15
74
37%
107
92%
*97
800
14%
14%
14%
102 Va
*101%
15%
43
14 74
*1378
14
102
;
15
102%
15
48%
48%
42
*68
37%
*106%
;
92%
180
15
102
15
*14%
*1474
1474
99
30%
"
1574
640
110
*13 Va
14%
103%
3,500
9474
94 74
108%
*14%
14%
'
.
103%
800
47%
47
47
95
18,900
80%
10774
107
15%
*102%
1474
102
774
120
8
8074
*94%
107
*1474
1574
8
46 74
9474
46
v
94%
107
13%
13%
1474
14%
102
No par
1—
conv
4674
*474
105 %
94
30%
————5
Automatic Canteen Co of
,
46
%
104%
97
common
No par
pfd ($1.20)—No par
Conv prior
Autocar Co
94%'
1474
Nichols
Austin
16% May 21
4674
10374
9474
93
80
80
12,800
25%
92
93'/a
774
80
80
80%
*80
8
7%
8
774
8
80%
4574
46
13 %
10
Corp__—
Atlas Tack
10
36 %
_
t per share
25%
2574
2574
*93
93 Va
100
Co
Atlas Powder common—
4% conv preferred
:
t
9
171%
5% May
13'
20
7%
80
2574
*93
*100%
series B—100
$3.75
—
93
104
*14%
25%
26%
93
1
....
Investment
2574
94
100
common
_
preferred
Atlas Corp
16
114
Jan
24% Jan
27 '
20
46
_No par
Inc
Goods
2nd
Preferred
8
25% May 21
99
^
Jun
99
Dry
26%
7%
104
—_5
__
25 %
93
80
*94%
Atlantic Coast Line RR
No par
Atl-G & W I SS Lines common
1
5% non-cum preferred—
—100
Atlantic Refining common
-,—25
4% conv preferred series A__100
May 22
114
9
20
Dec
-
111%
the Week
Nov.J 9
$ per share
for
Sales
Friday
Thursday
Nov. 18
$ per share
share
25 %
80
•
_No par
— _
78% Mar 5"
50% July 12
9
July
105
.
2
62
21
Sep
113%
Dec
21% May
-57
Dec
40
Apr
■
Atch Topeka & Santa Fe com__100
5% non-cum preferred—:
100
A T F Inc
10
84
Feb
Nov
Carpet Co
Associates
18%
91
*
Wednesday
Nov. 17
93
7a
774
_No par
1st preferred
7%
9
11
Jun
35
5
com
0
93
com— _No par
Co
6%
10 % May
66
Cork
Associated
May 27
111
99
Mar
Illinois
of
Arnold
16
12% Mar 16
Co
preferred conv
Constable Corp
$4
18% Jun
12% Mar 12
100
2
100
preferred—:.—— _No par
$3.75
115% July 12
Nov
103
19
Sep
&
Armstrong
11
Dec
31%
$ per
PRICES
SALE
HIGH
AND
Tuesday
Nov. 16
15
$ per share
S pefshare
com
preferred
$6 conv prior preferred
9..'.,
38%
Corp
conv
Armour
May 19
106
91'A
105
Par
,
Steel
Armco
23
Feb
109%
9% May
14
Nov.
*
Feb
37%
May
103
Monday
Saturday
Nov. 13
f per share
$ per share
$ per share
24% May
99
LOW
•
STOCK
YORK
EXCHANGE
Highest
Lowest
Highest
$ per share
NEW
Range since Jan. 1
Year 1947
,
Monday, November 22, 1948
CHRONICLE
STOCKS
Range for Previous
Lowest
FINANCIAL
&
COMMERCIAL
THE
(2126)
44
500
'/■'
43
'
/
Dec
16
May
13% Feb
11.
16% Jun
Dec
Feb
12% Feb
27
17% Jun
3
7% May
16%
Feb
10
11'% May
25%
Feb
15% Feb
11
'
13%
42%
18
*
Dec
Apr
28"
9.
59
15
37
31
Feb
Nov
1.7% Nov
12
2i*%
Jan
31
Feb
13
16%
44% May
16% Mar 31
Feb
17
15% Apr
8
Oct
14% Feb
10% May
18%
Jan
12
Nov
24%
Jan
16% Nov
106% Aug
16
103
2
39%
Feb
26
Feb
11
38% Jun
21%
22
2174
2274
22%
23%
31,600
*20%
21
21
21
20%
21
22%
39%
35 74
*21%
38%
preferred
Oil
Iron
12% Nov
10
Jan
21
103%
Feb
21% Jan
26% July
9
70% Nov
3
87% Mar 10
■_?.
Corp—
89% Nov
17
102% July
(A S)
:
I
—50
10
1
1
common——„10
Co
Home
Dec
35 %
Jan
23 Va Feb
14
30% May 24.
32%
Oct
25
Feb
17.
37% May 27
30% Feb
27
Best Foods
Bethlehem Steel
133%
Dec
Jan
125
13%
'18%
Dec
Sep
/*
;
■'
x20%
■
14
/" ' •'•
'
$ per share
28
Feb
31
3174
13
13
Feb
Feb
1-1
10% Nov
14
18%
May
10
14% Sep
5
17% May
44% July
8
24%
Oct
19% Nov
10
29% Apr
29%
Dec
45%
59
25'
10'
37% May 18'
62% Nov
12
96
Jan
12
31% Nov
3'
51
Jan
19
Feb
18
Nov
3
27% May 15
Jan
38
Feb
Dec
44% Jun
Oct
42% Feb
11
88
Jan
2
6%
Feb
Dec
Feb
;
Dec
9%
33% Mar 18
Nov
90
10'A May 18
10
71
Brewing
Feb
8
Nov
12
11% May 15-
Feb
367/a Jun
x27% Mar 17
9'
Feb'
25V8 Mar 16
34% May 18
Jan
25% Nov
13'
37% Jun
2
109%
Apr
92% Oct
4
101% Apr
27
23% Sep
17
i
15%
Dec
28%
Feb
15% Mar 16
Jun
36 74
Jan
27
95
Dec
106 %
Apr
90% Feb
13
99
20%
Dec
27%
Feb
17% Feb
14
23% Nov
9% Nov
13% May
20%
Nov
19
26
3 3 74 Aug
15
Nov
*
9
1/128 Nov
120
Sep
28
May
14%
Feb
8
Feb
20
69"
Dec
86 %
Feb
65
25% May
37%
Nov
125
Dec
80
Apr
78 lA
Feb
14 Va Nov
38%
40
Jun
15
90% Jun 21
21% May 15
■
14
43% Jun
14
May
22%
Feb
16% Mar 16
24% Jun
3
Dec
104%
Feb
81
97
Jun
80
May
100
Jun
84
Jun
95%
*
6
72
May
■
11
79
3
Jun
77
Jan
17% Jun
6.
13
3'
Burroughs Adding Machine—No par
10
10% July
1
88
Jan
Feb
108%
108
974 Mar 16
Jan
Feb
104 •
88
Mar 16-
79
76
Sep
27-
Oct
89
11
24%
Apr
34Va
Dec
2774 Mar 17
51%
Dec
Jan
52
1%
Dec
3%
Feb
'1% Mar 12
6% May
8%
Feb
5Va Nov
-
;
x55
,
Jan
105
;/
34%
17%
132 '
Oct
23
Feb
Nov
16.
974 Nov 10
Feb
10174 Nov
4
11
38
Dec
48%
Feb
38% Feb
18
Dec
25%
Feb
1474,Mar 16
9% May
33%
Nov
15%
Feb
10
Mar
4
47%
Dec
38
Mar
1
For footnotes
see
page
28.
Butte
.
: ;
'
31% May
7
15% May 21
119
Juri
2
/
c ■■'/
No.par
*
Calumet- & Heela Cops Cepper__A_5
Campbell W & C Fdy——No par
Can Dry Ginger Ale com
1.66%
$4.25 conv. prefefred.—No par
Canada Southern Ry Co—>
100
xl9%May26
Canadian Breweries Ltdj.
No par
19'/a May 14 ...Canadian Pacific Ry
25.
47% May 19
Cannon Mills
No par
44
May 14
3
•
21
!
J ;r -"
California Packing common—No par
5.% preferred __J_—i——50
Callahan Zinc-Lead
I
1
15
May 17
8V4May21
J— 5
& Zinc
Co (A M) common__..No par
participating preferred_^_100
'/;.' /'//^
15
*81 :
:100
preferred—-
Copper
Byron Jackson Co
3
.
Byers
7%
9
16
15
common
99%
*2574
•
82
3
21
94
207/a
•
80 '
"'*'14%
14%
7% \ 7% , "
*100'" 101%.,
'
,.
10
82
3
'
10%
82
3
22
•
.*
"
72
*70
75
89%
89%
*89%
93%
*90
92%
300
26%
26%
*26%
27
27
27%
1,700
27%
.27%
28%
2974
6,400
3474
28,300
.
<
35
*5374
1 74
5%
*23
1074
*23%10'A
4 *102 " 105
.•
*39% 40
* *17'
18
13Va _ 1374...
40%
6
24
10 Va
*10274 105
*3974
40
...
*17%
- 13V».
4074
1774
13%
40%
•
~
32%
3474
SALE
Nov.
88
82'A
80
3
21%
99%
26%
36
36 %
*5374, 5374
1% - 2
6
6
23
23
1074 10 Va
102% 102%
*39'/8 40
1774 1774
..13%. 13%
*40Va 41
97t
1,500
Nov. 19
the Week
18%
29
28%
14
1374
14
11
11
10 7«
11
*1374
14%
43%
*41
34
1874
1874
; 18 74
6,400
89%
34
34
*40
40
900
674
67a
6%
.100
2%
,274
274
1,500
43
■
70
874
874
874
4,200
30
3074
3074
30%
3,GOO
29
2974
8%
15%
* /•
2,900
41
*85
34
40
■?
5,700
5574- 56%
56
89%
6%
210
600
1874
4074
41
4074
33%
15Va
.3,900
63
3374
"*274
30%
29
27'A
85
19%
9%
31%
96 •
207/8
25%
63
3374
54%
28%
26%
*92%
' >19Mi
9%
* *31
*94
20%
/ 25 %
25%
63
6%
'
5.700
25'/a
2%
8%
30%
200
44
21%
3374
*87%;,
43
8%
3,600
21%
63
34'/a
6%
3,700
21%
21 Va
89%
*40
.
,
14
*1374
*41
.
54%
*2%-
600
2874
14
41
34
Shares
I per share
29
14%
for
Sales
Friday
'
IS
11
41
54
; *87%
31
*94
96
*94
2074
2074
20%
1974
>
1,800
9%
74
,*30%
12,600
95
74
9
9%
31
1,700
27 Va
19
19%
x9%
2974
27
*92%
95
19%
•
29%
*
27%
27
*92%
3,200
31 %
100
96
2b
21
1,100
..,
.
15%
15%
i
15%
15%
-
j
11,500
24,600
'
*121
121
121
*121
122
8%
8%
69
69*31% 31%
*82 V» 84%
*14% 15 . • •
37 ..
37%
18 Va
18%
*86
87 •
"
81% 82.
,
*75
80
,/
v ,14% 14%
7%
' 7Va •
100 >101
,
10'A
10%
874
874
874
69%
6974
*31%
3174
85
*37 Va
,*69
3174
*82%
*14%
.
.
97a
t per share
44
21'A
25%
63%
33%
19
*33
v
1,500
97a
29Va.',
14%
21
25 ,.
63%
A
29%
Thursday
$ per share
<
300
137
29 %
PRICES
*28%
14
11
*13%
*39
.
34 74
300
29%
*9%
Wednesday
%
-
*134%
135
29
9%
•
3474
135
29'%
•
28%
28
135
29%
33
32%
34%
34%
37%
15
*83
j •'
10
%
14%38
600
600
80%
80
•
18%
11,900
87
210
80
87
8074
80
2,200
*7974
,
14
"14%
14 Va
40
300
3174
87
37
*75
6,700
85
1474
18%
,
20
4
874
70
38
"
18%
•18
122
81%
14%
8,100
,
7%
J.
"
\
4
80
3
*21
,
99%
26%
<„
35%
53
,
174
5%
\
„
23Va
10
*102%
*39Vs
*17'/4
13 Vs
*40%
35%
5374
1%
574
2374
1074
103Va
- 40
1874
13%
41
*100
774
10 Va
10%
10
78%
78
78
,
,
3
*3 Va
v
*21
22
'
*99%
9974
99%
99%
27
2674
2674
3574
36%
35%
35%
•
1%
1%
2
5%
5%
10 Va.
10
*
'
■
103%
1,400.
53
500
•
'140
600
1,800
100
1%
2,500
5%'- .,'-574
7,400
24
24
23%.
103
,
*52
53%
*52
J
170
3%
22
*26
/
3,200
'
3
..
170
10
f
•
1,200
101%
78
80,
-3
22
99%
26 74
7%
■7%
102
100%
.
: ' /'/v.// /
35
*
5 3 74 7
2
*93
Nov. 17
100 •. 10i
10%
10Va
*80
81%
.'21%
99%
26%
.
v
Z
135
HIGH
*75
14%-A 14%
".*7%
8
3
,
21%
*99% 100%
26
26
35
4074
72
.
*86 '
-82
/ *75
54%
2
5%
24%
10%
,•
72
120% 120%
V 874
9
69% 69%
31% 32JA
*82'A 84V'2
' 15
* 15
37% 37%
' 18%
19%
,
1,800
72
,
18%
87 /
81%
3.700
13
22%
15%
15
38
<
9,000
137a
2274
13
22
*;
y
3374
13
2174
29
14 Va
11 'A
14%
44
21'/a
26
"14%
15'/a
32%
12%
21%
..
19%
9%
31%
400
12%
54%
27%
26%
95
1774
97%
21%,
41 %'
,
1,100
*16%
*9574
12%
32
*87'A
89'A
*2% >12%
\
34
34%
6%
67/a
*40
43,
8Vs
8%
30%
31
28
28%
26%
27%
*92%
95
*19%
19%
9%
974
*30% 32
"*94 /
96
20% 20%
;
5%'
AND
11
7Va
12%
17
97%
17
17
97%
29%
9%,
t. *39
43
8%
30%
12%
400
13
22
72
14%
35
*1274
50
800
16
32%
29
*
12%
12%
9*,203
34%
16
16
*15%
13%
3274
*93
$ per share
.
16
,
120
*16%
Tuesday
.-,
33%
*3174
♦3474
34
6,600
80
13
13 Va
3274
34
40
20%
*79
17
Nov. 1«
,■
12%
*31%
20%
1,200
97%
54%
18'A
87
81 Va
99.%
26%
2
*15%
41
38
80'
'
'
15%
29%
9%
54%
89Va
2%
•—
*
*34%
33%
' 32
127a
*120% 122
8%
9
69% " 69%
*31
32
83 "
83
15 A 15
1&%
*5374
33%
'
27%
25%
*93
19%
12%
*31%,
12%
*81%
32%
12
12
32
72
*88 92
26% 26%
27% 28
34%
35'/a
135
135
15
87
81 %»
;•
79 74
21%
94
207a
,
14%
37%
.14%
774
*99
101
9%
$74.
!
Bros
"
9%
*30%
*
83
18
87
'80
*75
2074
79
19Va
30
>
.
14%
*7%.
"
4%%
9
54% Sep
'
Dec
2
40Va Jun
5
9
July
35% Jun
,
:
Butler
17-
2774 July 14
15
23% Feb
Jan
preferred
,1,
1
Bush Term Bldg 7% ■" preferred—100
4% May 18
Mar 17
16
98% Jan
Oct
Sep
15% Jun
2% Mar 17
Jan
12% May
*
Bush Terminal
22%
;
-
—100
13
7Va Nov
27%
21% May
3%%
Apr
12% Feb
May
110:
preferred ____:
100
3%% conv 2nd preferred-*—100
Jan
6
,
13% May
19
4%
2074
79
19
8
14%.
*37%
21%
'79
79
*
8
83
20%
21%
*
33
1
800
18%
32
•*81%
81
*93
21'A
25%
*6%
18
32
83
81
17
42
*40
*82-
—
Dec
Dec
94% May
Jan
26
•
—
10
24%
<
Dec
Dec.
79% Feb
1100
16%
12% May
1
Mar
1
T—'.
—
A
18 Vb
33
18
33
83
12%
*34
-
18 74
32
18%
18%
33
63%
3474
40
,
4,300
15%
29%
14%
11
14%
53%
15
15Va
1/128 1/128
*120% 122
874
&
*68 Va
70
*30%
32%
—5
(The) Co common
No par
$5 preferred
L_No par
Buffalo Forge Co
1
Buff Niag El Corp 3.60%. pfd,—100
' Bullard -Co
—1—No par
Bulova Watch Co Inc—
5
Burlington Mills Corp common
1
3
100
Mar 31
*
9,300
12 Va
33%
*87'A
*2%
29%
29%
*27%
28%
2574 ; .25%
*93
95
19%
19%
' 9%
'9%
*30%
31%
*92%
94
*20%
21
1
36%
12
33,
8
*
3674
12'/a
21 Va
25
63
40
-
preferred
41
674 >674'
.
.
Budd
18
Feb
•
■'
preferred ————100
Brooklyn Union Gas
„
No par
Brown & Bigelow
1
Brown Shoe Co Inc common.—15
$3.60 preferred
No par
T/o
*
3674
12 VB
11%
64
34%
187/a * 19
41
41%
53%
53%
*87%
90
*2% i 2%
*34
36
80
36%
12%
63Va
18,%
40%
•
3%%.
Rights
;
July 12
80
„
29lA Feb
2
18%
40
*38%
37
11%
33
33
*38%
40
36%
LOW
20%
25%
40
200
*38%
32
21%
*39
25
62Va
32-
-
Corp
Bucyrus-Erie Co common:
& Oct 30
75
Aug 11
6
1
11% May 15
31%Novl2:
23%
May
•
62%
*
,
20'A
25
;
Brunswick-Balke-Collender __No par
5
Aug 11
124% July
Mar 30
102%
1
14% May
26"
t
'
24% May 17
12
Dec
9
Jan
*
12% July 26
Feb
20'A
■
;
22
12%
-20%
$ per share
42
*39
*2174.
21%
37%
*77
32%
13
1374
10%
14%
2174
21%
18 %
79
12
29
30
14/14
*10%
107a
*13%
14'%
-
^-2.50
of America—
15
Bridgeport Brass Co„.T—-—No par
Briggs• Manufacturing
No par
Briggs .& Str.atton—
No par
Bristol-Myers .Co common/.
2.50
10
31%
1
No par
*29
1,100
32%
■
% per share
-
:
10
43%
*81V8
Monday
Nov. 15
/
72%
*42'A
11%
97%,
'
.
Saturday
Nov. 13
Par
Braniff Airways Inc^
Nov
40 %
Z
—.
40
25%
120.
preferred.
Feb
Feb
.
:;//;,1'
Inc
:
1
(The)—15
Jan
6% Nov 10
26
267/a
34
34%
' *134% 137
29%
29%
*9%
10Va
,
—5
—100
Boston & Maine RR (assented)_100
Bower Roller Bearing Co—
5
25
63
Dec
1
Co
.3%%
92
*25%
26%
Stores
18%
<
*
—
13%
1
30
May
'23% May
30%
B
Borden
5% May 15
Jun
■
T
*70 Va
44
36%
32%
33%
15%
12%
16 Va
21 Va
40
72%
*4274
4
*71 *
72%
*87
91
26
26%
2674
27%
34%
35
*134% 136
*29'A
29%
9%
9%
75
21%
*38%
1,000
*70%
44
*42 %
22
7,900
71%
71%
73%
*21%
20%
31%
12%
21
43
43
18%
*93
21'A
*71
*86
Borg-Warner Corp common
May 24
42
'
t.
96
Dec
81
96
1% Aug 26
39 %
May
7
Bond
66'A July 13
Sep
3% May
32
Class
9'
24 *
55
102
38% May
37% May
88%
24% Nov
Jan
49%
May
Feb
35%
t
Jan
67
Dec
com—No par
,
16
116,
Nov
89
(Del)
.
15'
32% Mar 15
14% May
1
Black & Decker Mfg Co
No par
Blaw-Knox Co ———'—No par
Bliss (E W) Co new common
1
Bliss & Laughlin Inc__2.50
Bloomingdale Brothers-'——No par
Boeing Airplane Co_i—:
__l___
5
Bohn Aluminum & Brass—5
Bon Ami Co class A
—:__No par
2
13% Nov
Dec
41% July
1
STOCKS
36% July 15
197/a May 18
28% May
21'A
>_10
—
EXCHANGE
t per share
11
xl3
12%
5
-
NEW YORK STOCK
Highest
Jan
36
14% Jan
16 %
97%
7% preferred
L.100
Bigelow-Sanford Carpet,——No par
Birmingham Electric Co
No par
37% May 15
Lowest
$ per share
May
12% May
22
Range since Jan. 1 '
Year 1947
Lowest
Highest
,
25
27
9VaSep 29
Jan
Range for Previous
tper share
39% Oct
139% July 14
Mar 16
16 %
*
21
*71%
32
81
11%
*31
33%
15
12%
16 %
33%
15%
*93
Best & Co———
Apr
27
*32%
*15%
*12Va
$3.25 ser of 1946-No par
19%
v
32
80%
19
79
11
33
33%c
JL,
Appliances
*18
32
81 19
*77 /
.18%
.
31%
90%
19
*77
107b
*30%
.
36
11%
;
12
;_100
preferred
24%
150'
*1778
/
:_2.5o
4%% pfd——100
Cum pfd $4 div ser of 1948_No par
•
11%
Inc__1
Howell
&
Cum pfd
23/
/
5
—1
;_No par
Foods Co common—
25
conv, pfd—
—100
Beneficial Indus Loan com—
.<
42
*21%
*38%
35%
Cigars- Inc_—,
Bendix
2
3^
*71%
50
—
Co
Works
Bendix Aviation
9
Nov
28%
*
22 Va
4%%
Va.Jun 15
25%
Dec
21%
Beech
21'
Sep
771/2
27,100
Bell
20% May
93% Mar 10
Nov
1174
Beech Aircraft Corp_"
37% July 23
5.
May
17%
13
1174
Creek RR
Beech-Nut Packing Co
Belding-Heminway
Bell Aircraft Corp—
21% May
28-
12%
11%
19% Mar 22
13
1
127/a
11%
24% Jan
9
16% May
12%
11%
Beck Shoe
16
34% Apr
18%
12% May
1374
12%
11%
Bayuk
9,
2
11
32% Feb
13%
12%
12
Beaunit Mills,
Feb
39 % Mar
Jun
13%
13
11%
8
Jan
100
13%
12%
12%
21%
21%
72
43
22
39
36%
12%
8
22% May
17,
13%
12%
11%
18%
*21
*71%
42%
Ohio
Beatrice
3%%
8 % Jan
30
13%
12%
11%
18%
21
73
42%
Bath
| 2
Jan
13%
12%
11%
18%
21
Barnsdall
1-
Jan
90
Mar|i.O
Nov
79
Feb
Jan
40
45
U
10.
80% Sep
Jan
12
Dec
Mar 24
Feb
Nov
9 :
13%
12%
&
1374
2,300
13','s
4%%
43% May 15
108 y4
Dec
Dec
"Jun
Jan
20% Aug
5% May
95
14
Dec
110%
'
30%
May 14
28% Jun
62
Dec
29
Sep
24%
Dec
96%
42"
20%,Apr
Jan
22.
19%
Jun
17%
80% May 12
54%
35% Dec
83%
31'/a Jun
11.
39%
•-
8% Dec
18
10
Feb
28% Jyly
Dec
20%
13 % Feb
60
55%
May
45%
Feb
Feb
14
14
1
T). Inc—
Works
Locomotive
Baltimore
29% July 14>
16 %
Jan
:
■
-—13
Babbitt (B
Baldwin
;
167/8 July 13
69
9% May
60
Mar 16
B
:
common—_100
4% non-cum preferred—100
Bangor & Aroostook common—50
Conv
5%
preferred—
_l100
Barber Oil Corp (Delaware)—
10
Barker Brothers cojnmon,
10
3
24%
13
10
103 %
24
800
10 Va
5,500
104%
420
4
39 Va
40
40
40
70
100
*1774
18 Va
*15%
16%
13%
13%
13%
13%'
34,500
41
4174
42%
500
*4074
r
Volume
168
Number 4753
THE
COMMERCIAL
NEW
Range for Previous
11
50
14 3/i
May
5 %
102
Range since Jan.
Highest
Lowest
$ per share
Apr
Feb
U
Feb
13
Feb
48% Apr
3% Sep
100% Feb
18
27
Dec
39y4
Jan
Dec
50%
Feb
32
21%
Oct
12% Nov
12 Vb May
\
v
353/4 May
i
29Va May
6
45
Jan
132
Dec
49 %
Oct
.
73/4
158%
9 ;
34% Nov
Carolina
Clinch &
Carolina
Power
1'
9
130
Feb
5
Feb
x50
Nov
10
22
Feb
13
Case
68% May 15
Dec
130
108%
Jan
1,50
Dec
Apr*
19% May
19% Dec
xl7%
32%
97
Feb
10
105
July
Feb
11
140
&
(J
7%
100
4%
series
General
I)
Co
28
2
34% Jun
Feb
18% Oct
11
2034 Jan
5
5"U
Feb
16% Jun
21
1834 Feb
7
Jail
6:'/4 Feb
28
7y8
Dec
Dec
77Y2
12% Jun
30
7% Jun
18
38% July
8% Mar
Feb
100 % Nov
8
108
Apr
Oct
8
Jan
7% Jan
6
83
May 27
39% Nov
1'
Oct
10% Nov
3
15
May 21
lit
Jun
29
28% Apr
1
Dec
Nov
14%
20% May
19% May
100%
8
30
Oct
10
28
Jan
18
26% Jun
100% Jan
20'%
Feb
30%
Oct
54%
9% Mar 16 '
Jan
25% Mar 16
102 %
34% Nov
July
10'
763B Nov
15% Jun
90 '
10
Jan
29
Belt
334ft
4
Feb
11 •
724 Feb
11 '■»
17 34 July 14
14% May 21
12% July 13
22% July 14
15% July 13
9% Jun 30
Chio Ind &
9'A NOV 10 *
Feb
6
Jan
24
12
Jan
2
.2
Feb'
4% May
2a4 Dec
10%
Jan
7% Jan
6%
Feb
6 3/4 May
?-
15%
14%
Feb
4% Maf 16
7% Mar 16
23% May
,-,13% Nov
38%
Feb
'27%
30
Apr 15
1434 Mar
9
Feb
543/4
Feb
33%
Nov
20%
Jan
:
3434
51% May
t
56
35
July
Feb
11
26% Nov
Dec
-,J
10
25%'Feb
Dec
153/4
Feb
18
45% Jan
10%
22
10
Class
Jan
Feb
14% Feb
Jun,
Chic
Nov
7% Mar
2% Nov
3
21
44% Oct
32
>
Dec
42% Mar
31
56 %
Sep
66%
23
Nov
96
29%
Dec
Jan
111
Feb
Feb
42
23 % Feb
9Q
5
24
Co
16%
1634
16%
9%
9%
9%
9%
9%
6
5-34
534
534
23 34
23%
23%
23%
23%
7Va
7%
734
*734
7'/a
100 Va
101%
preferred
(The)
&
P
preferred
vtc
vtc
.
•
common..
'
•
May
34%
Nov
27% Mar 18
176
Jun
95
'
Jan
Nov
43%
Jun
107
Dec
27%
106
115'/a
Jun
•
71:"
Dec
A 42%
ft 14%
32
Feb
35% July
Nov
109
k
Mar
*
101
July 12
80
Jan
23% Nov
105
69 % Nov
Feb
Feb
49
Sep 23
13%-Noy 18
23.% No v
9
39% Mar
6"
34
Dec
140
Dec
89
48% Mar
154
Dec
-
91
Feb
;
Vjs
Dee
Nov
78 34
25
2.50
May 20
Cleve
Year 1947
ft
Lowest
I per share
141 ~
<
x61%
Jun
1140
65%
May
33
May
'87
May
'
56
Dec
23%
Jan
1155
1
92 %
May 20
t
4ft
Jan
105% July
Dec
61
Feb
15
Nov
22%
Oct
16
Feb
18
Oct
20%
Feb
17%
F£b
8
'■
May
21%
Dec
21%
Nov
10
Apr
-
II %
Dec
63
5
9
1
Feb
Class
1
Coca-Cola
.
2
Apr 20
22% Oct
5ft
4ft
36
May
..
Dec
20% May
v2% May
Feb
93b Nov
15
"":l'7'% July 14
3234 May 15
31% May 12
14% Jun 24
28
13% May 21
Columbia
X20% Nov
17
Jan
20% Nov
3
Oct
"
'22%
8G
10% Feb
Feb A
Maf
13
7% Sep
51/
Nov-
18
78 34 Jun
15
393/4 Aug
2834 Feb
27
37 % Apr
16
Feb
35% Feb
5
43% Jun
4ft
4
.
50
v
$4.25
Pictures .conimon^i-No par
cum
Columbian
Columbus
94
36% Jan
90'
.■
30
Apr
4% May
21
:nov
104%
Jan
Jan
Nov
V. 35%
Feb
-
29%
Feb
108% Mar
20%
Feb
15%
Jan
July 7
29% May 26
3% Oct-19
25% Sep
23
8% Feb
11
106
26
Nov
21
Mar
f
12 Vb May
Jan
30
5
1134 Mar 16
1
19%' Feb
17% Mar
30
Dec
38%
Feb
99%
Dec
114%
Feb
Feb
34 Nov
*
32% Feb
*
100
32% May
94% Dec
48
Feb
104% July
8
Sep
33% Nov
90
Oct
27
35% Jun
17
1/64 Nov
5
Consumers Power Co com—
Rights
10
42% Jan
18
99 34
-
Dec
20%
Feb
10% Mar 17
Dec
Apr
84% Mar 23
92% Sep
44 3 a
Feb
9
"
Ded
May
May
110% July
13%
Feb
55%
Dec
For footnotes
see
page
92 !
Oct
7
8 34 Nov
10
48% Mar 17
28.
1,800
40 34
403a
4034
8,600
27%
2,600
26%
2634
*17%
18%
35 Va
2634
8 34
*7834
8 34
8 34
'
;
20
19
3534
80
19%
20
2,000
3534
1.000
35%
3534
185
*165
180
85
*80
85
23%
37%
37%
107
2334
*104
105
71
42
14 Vb
37%
105
■
24%
24'A
634
-
.....
*105
141
7934
'
*80
72
*70
72
*40%
42
*40%
42%
13%
14
1334
25
6%
25
62s
25J 4
634
7%
31%
31%
3134
*80
LOW
S per
14234
62
HIGH
SALE
I
14134
62
62
80/,4
32
.14234
V
3ft
3234
89%
8934.
33%
3334'
90
90
:
35.
143
62 %
90%
1524
20%
1734
18
18
1834'
r' 1.9
19
*19
19 Va
19%
'10'
10%
10
10%
(OVa
1134
10
''V. 1134
10
10%
21
9%
10%
,
10%
213B
2034
21
10%.
"
*7%
8
*5034
60
734
*50
734
'213ft,U%
*5024
.
3034
30%'
31.2
31%
38'A
37%
*46%
143
63 Va
Sales
Shares
143
*62%
33% 2 3434
600
63%
150
89 %
•,"
•
3434
for
the Week
*1100
1
%
Friday
•
35
.4
4,900
11
*88%
90%
110
1534
16
1534
1624
2,300
1934
19%
1934
2,200
18
11
11
*10%.
21%
11 Vb
734'
1134
11
2134
2024 "21%
11%
.
.
,
18%
19
11
11.
13,000
1,900
.2
•
1,420
""
20%
-
18
19
1824
11
1134
21%
.
•18
*1834
11%4
*10lA
11%
12
12
*1014
11%
2134
2134
2034
21
'520
.
1124
450
4,900
-
1
*
.
1134
2,000
34,000
8
60
51
51%
51
5124
31%
31
31%
31
31
1,700
*38
38
8
*50%
x30%
3134
38
400
1934
19%
HVa-
X2024
.ft x21*-
*
*38
20
80'A
Nov. 10
•
89
.183®
1
if %'
60
3834
3034
19
724
734
58"
f
1724
21%
.:
2,200
15%
11
1024
213 4
21
ir
1034
18%
19%
•"*10 v4
».
»
90
20
12%
4,500
3134
2034
X1534
11
V'%
11%
2lV4
21 Va
.
18%.
34%
90 '
ft
16%
20
2,600
7
•
f per share
144
63
*1100
'
33-34
•
•
t per share
14234.
62%
*1100
••
100
5,500
141
80%
.
Nov. J 8
$ per share
14134
.62
1100
141
so
•
2424
7
3124
Thursday
"
*1100
2424
7
■'
70
14
PRICES
Nov. 17
sfiare
2534
130
42%
13%
3134
60
2,100
107
69%
140%
140%
79%
Wednesday
Nov. JO
t per share
*142
AND
2434
141
*140%
79%
S3
-Tuesday
Nov. 15
6134
141
6,400
24 %
*40%
14
624
3134
*140%
Monday
39
108
23%
*105
105
*70
14%
25
„■
■
14134
105
31%
82
•*.
23 34
71
634
*140%
107
38%
*107%
''
108
23 Vb'
42
14
-32
141
38%
*107%
23 Va
*40%
•
2434
634
31%
37%
108
23%
*69%
-
14%
31
37%
.*107%.
23 Va
23%
106
*40%
37 Va
108
*107%
.
24
*69%
2134
2034
2,900
80
*80
71
1134
280
83
18
36
3534
8'8
:
83
1634
3834
38
38 Va
37%
3724
1,400
8
8
-8
.
.
..
1,700
.
500
47 Va
47
4734
48
493/a
48
4834
49
96
48%
47%
96
4934
96
96 Va
97
97%
97%
98
98
18 34
98 34
98%
9834
780
18 Va
3 3V
18%*
18%
1834
1834
18%
18%
18%
1834
1834
1834
6,500
334
3Vb
3%
3
3
*95%
,9634
9534
25%
2534
2534
V4
334
92,500'
94*34.
95%
94%
9434
9334
94
9234
9334
1,500
25%
2634
26
2634
26
26 %
15,800
*934
934
3134
31%
*934
32
2GVB
934
25%
934
31%
31%
26
26.
4Va
43ft
2234
2234
2234
9 Vb
39
39
434
39
4%.
2134
21%
83ft
32%
934
27
*2634
27
600
32%
32%
,1,100
%
2634
*26
434
43 ft
434
43ft
4%
22%
2234
2234
2234
2234
106%
13%
106 3ft
.
"8
*13-%
14
*8%
38%
*106
9
106'A
106
106 34
1,000
13%
1334
83i
834
834
300
3834
3834
38%
3834
3,900
22%
22%
2334
1234
*1234,
1234
400
9%
2,800
9 34
30,400
14
39%
22
22 34
2134
2134
2134
12%
1234
12%
1234
12%
1234
934
10
934
9%
934
934
934
8 34
9
8%
9'A
9
9 34
9
'
3.300
12,900'
8%
*1334
;
393ft
8%
100
434
22%
•
934
934
8%
31'/a
9%
22%
12%
9 34
"
"9
9
9%
40
2134
12%
934
4%
23
13%
934
%
*26
105 34. 106%
14"
934
1
27
2234
10534
13%
*9
32%
*26%
23
10534
*1234
1
3
27
*834
„10c
3 VB
9534
4 34
.<
3
31V2
*26
par
3 34
26%
9
3 1 34
par
3
4.100
*9%
*
9
par
3
No par
—:
33
■
•
33
32%
33
1/128
10234
10234
par
*10234
103
103
VB
103 Va
33%
33%
3434
'35%
91%
91.34
*91%
preferred--—i—/.No
ft-preferred
i—;
.100
Continental Baking Co com—No
par
v
3224
l
3224
1/128
102 34
—
—No par
$5.50 preferred
May 15
Continental Can Inc common.—220
99
July 13
13% May 21
$3.75 preferred
Continental Diamond
64% Oct
Continental
Insurance
'14
14 V»
39 VB
89%
l—No par
Fibre
5
10
:
500
3,000
-
3534
*9134
1434
*14/
88
92 24
3234
32%
3234
10224
10324
103 24
103%
103-24
103%
103 %
10334
10334
104 Va
3434
35%
3434
3424
34%
34%
.
103%
3534
33
103
t
*
14%
3224
3,300
-
-
103
*9034
92 Va
•
*9034
8,600
;
r
92%
*9034
710
930*
1,700
92%
1324
14
14
14
14
88
*88
89
*88
89
10
14
88
2,100
"
3234
*93
32Va
9534
*8%
* 57
*103
93
88'A
32.34
10234
:,r,
"10234
88 34
1334
*88
_No par
40
26
:
1/128
preferred
4
17% July 13
106%
Dec
95
20
*165
1/128
$4.52
May 25
11%
44
3,000
94
1934
3934
834
*78%
17%
35%
2634
93
19 "4
85
T02 34
$4.50
5
30%
5
8 Vb
83
17%
3534
Container Corp of America com__20
10634 May 25
104% Nov 19
94
30% Feb
17%
2634
94
1934
'
8
*
27 34
93
27
26%
27%
'8
*78%
2034
6 ft
Aircraft
27
-
19%
pfd_
—100
Retail Stores Inc_;
1
Vultee
Va"
8
83
26%
'
27
•
Consolidated
40%
23,000
185
14
Consolidated Textile Co Ihc
40 3's
5434
*80
106
Consolidated
6
16% Mar 20
41%
5334
*165
*1334
of Cuba
40%
190
54Ve
,
85
*1055/s
Consol RR
40 %
4,900
,
37
185
—No par
15% July
24
98% July 26
2
48%
*35
20
16
Consolidated
Aug 27
15% May 12
10
1/128 Nov
preferred—2„
3 34
48
37
94
1934
*
3
48
■
27
1534 -.15%
1
334
47
*35
37
19%
Nov. 13
.%
3
3,
47.
*80
Grocers Corp_„ 1.3334
Consolidated Laundries Corp
5
Consolidated Natural Gas_„
15
11
28
3
734 Nov
$5
3
47
*35
1934
par
Coppermines Corp—5
Consol Edison of N Y com—No par
21
Jan
Cigar—^——No
334
9234
*3434
14%
*89
Consolidated
51
11
11
Consolidated
1,600
*165
TV 3'
-
—25
Conde Nast
200
1734
2634
42
32
series—No par
Commonwealth Edison Co—
1234
'17
85
6134
South com—No par
May 21
12% Jun
17
9
10% July
preferred
1234
1634
185
14134
.—.100
Publishing Inc
No
Congoleum-Nahn Inc__——_No
xl8%'Jun
8% Nov 18
19% Feb
$6
&
13 34
16%
1634
1C
100
*80
*1100
par
10
-
6% May 212534 July 12
107% July
6
10
38 34 Nov
Commonw lth
27
common
Solvents-j—i%:;No
32
8
103% Feb
Credit
preferred
36% July 12
3
Sep
4
Apr
3.60ft
*1234
13
*12%
20
17%
t per share
CoL——No par
& Southern Ohio Elec—10
'Commercial
29% May 14
11% May 20
28% Feb, 10
•'
40% May
17 " May
"Y
Carbon
Commercial
104
18*
Feb
54%
1
53% July 15
2
92% Nov
Feb
7
23
Jan
17% Nov 10
2% Feb. 10
1438- Jan
33%
Nov
Dec
Jan
.
335/8
1
11% May
103/4
4
123%
Nov
8% May
23% May
;
Oct
Feb
26% July
i
Dec
25%
,
48%
.115%
preferred y: W—.-No
2,500
93
8
106
*139%
2nd. preferied^^Y:100
non-cum
67
,
Columbia Broad Sy*S Incd A_i.-2.50
Class B
2.50
Columbia Gas System :Inc.i--.No par
Jan
12%
«'
_100
16%
t
87
Ry'com
66%
27%
*78%
6%
Par
1st preferred—;Z1100
non-cum
66%
20
Saturday
preferred-/——^..—20
conv
Colorado & Southern
Va
*165
2434
Mills Inc__—20
Colo Fuel <fe Iron Corp com—No
par
22
66
93 4
*2734
3434
31
Colonial
18*% July 15:
8j
66%
'
—No par
—
6,700
53
85
1
Intermit
3634
27
18
14 34
(The) common_No par
A
36
*5134
185
/
•
36
20 Va
8
1,200
35'%
92
27
3,500
36
27
*4034
„
52'A
92
40
6,500
29
*51%
37
;;
15%
39%
53
47
.
1534
39
29
'
28 34
26%
*6934
,
3
1534
39
2834
*52 34
13
*35
15%
,33%
/
53 ¥4
*19%
27%
*104
'
'
Corp_.
No par
Colgate-Falmolive-Peet com__No par
$3.50 preferred
%
No par
Collins & Aikman—No par
"1834 Jun 25
10
32%
i
Coca-Cola Co
25% May 18
26% May 21
22% Oct 23
11.
% Nov
32%
1
Dec
:
3034 May
36
1 Dec
16
8
96
11
11% Nov
2
July
45% Jan,
;V
'52
"46%
'
8%
33
'
39%
2834
54%
37
STOCK
:
.
Jan
1332
-
12% Feb 11
Feb
ft 17%
9% May
YORK
——100
EXCHANGE
63% Jun
1
31% Nov: 12
x87% Sep. 10
46
•
183-
July 13
July
12
NEW
* per share
141% Nov 12
preferred
STOCKS
ft
Highest
tper share
18
Aug
May
,16% May
8
May
2nd
cum
-
15%
38%
2834
53%
107
Cluett Peabody & Co com—No. par
7ft preferred—1--1-11
—__100
July 13
15%
'
29%
54%
37
Clopay Corp—i——_—_'li—1
147
40
28 Va
834
,32 Va
54 Vi
83
23 34
7,ft gtd—50
5
"
8%
33%
54%
>109% 107
100
Special gtd 4ft• stbck/llaft-l—150
10,600
8%
32%
'
54 VB
40%
34%
Climax Molybdenum_ft.L_No
par
Clinton Industries Incft-ft
--1
i.
1332
Co
20,000
3
*80
3634
1
10% Jan
Range since Jan. 1
191%: Nov
RR
934
33%
9%
139%
.
.
48
*165
.♦
par
5
■ft- Lowest
t per share
May
Pitts
600
9
33
8%
i.
s,
16%
8
No par
36% May 17
10
78% Sep 30
*
Highest
&
4,300
5%
*16
; *78%
17%
100
1
5,000
1034
534
16%
4034
preferred—,—100
preferred
19 34
1034
12%
*27
20
:
,19%
66%
20
2,800
534
6734
93
10,400
10
10 34
34
*1234
27
9%
19
*35%
26%
700
934
934
10%
36%
54 34
300
1,100
1034
18%
66
37
,1034
.
15,700
6
*5%
36
3
35
6
5%
37%
*19%
No par
1.
934
500
79
.79
11
20
10
2834
34%
•
.
9%
934
67
*92
Co___10
com
9%
36%
48
534
934
-
66
*35
79 34
534
9
36
3
3 5 34
*7734
6
934
*28
10%
52
36%
34%
79%
65
53%
ft
8.50
Illuminating com__No
35%
*1034
5%
*534.
5234
48%
28 34
/"•■ 9%
16%
3
9%
*27%
1034
33%..
*35
') 934
19 34
1534
■
26%
*534
32%
*46%
t
1,300
95 Va
*
35%
100
Graph Bronze Co
5ft
Range for Previous
ft
.'
2334
95
•
1034
1534
Va,
400
2334
96
18%
33
12
2634
2334
19%
15%
*16
26%
23%
*95
11
3134
16%
100
18%
15%
13%
834
*26%
10
1034
"V
11%
*8
'
26
i>v 9%
9%
31%
*12 34
1
$4.50 preferred
Cleve
47% May 19
18% Mar 22
28
Feb
non-cum
-8,100
65
25
35% Jan
9
30 % Sep
137
9
108 34 Jun
9
5ft
Cleve Elec
7
34% Apr
15
Jan
4
13 34
11%
10%
*1
2834
,.
2,000
13%
24
11%
8%
*16
2,200
133'a
*5%
15%
v
11%
13%
7934
834
34
6,100
13%
35
834
52%
3334
2134
96
"
31%
.
140
79
3234
2134
28%
5%
39%
Clark Equipment Co
£._
C C C & St Louis Ry .Co com
20
111% Jun
16
Oct
Jun
1134
*5
*77
8 34
26
34
.
5
4234 Oct
18%
8
—
July 12
88
% Feb 10
105% Jan
6
24%
Dec
176.
29
34
57
Dec
May
38.34 Aug
1834
10%
5%
28
2
Jan
% Apr 20
May 24
18
1034
5%
City Ice & Fuel——
No par
City Investing Co common5
534% preferred
100
City Stores -ft-ft-—————1-5
10
8%
10%
100
com
...
34
39
3
84
*8
102 34
78%
32
3,200
2134
*9%
10
*10134
900
.
7 34
11%
24
6
9%
,,..-g
400
24%
734
13%
79%
11%
9%
18
f
,
10
v—•—_
preferred—
834
11%
9%
*50
1
Elec
8%
;
*10%
ft
27%
—ft—2____.
&
9%
.1
preferred-—/——
Co
1034
9%
39
Jun
85-.
7
10%
1
5,900
534
*7%
*95
35%
1,500
10
2*134
.*27%
5%
16%
1134
10
*7734
5%
V
30 34
19
24
101
*77
600
8%
21%
,
28
35
79
38%
33
21
5%
27%.
17
6
*7734
5%
*50 34
26% Nov
6
77%
*5%
par
Nov
9.
11
23%
*2734
35%
101
78%
31%
*8
97
10
28
35
34
•
11,400
2134
"
26%
23
1034
*2734
35 34
No par
-
.
*9%
28 %
..7734
■
&
■
10
101
30
8%
*95
par
34%
Jan
101
11%
*26
23 %
34
*77*
*8
97
: 7
78
30%
25%
22%
*95
35
—100
preferenceft_No
Cincinnati Milling Machine
C I T Financial Corp_____
7% Mar
23%
-
33
32
10%
2534
22%
*2634
,
■
No par
May 17
July 8
15% Jan
*76%
34%
10%
97%
*9%
.100
;
com
48 34
78
77%
33
26
22%
*96
No par
No par
27
Feb
*
101
*7G%
10%
*25
*
1
:—
18
34%
.
!
100
26
Feb
101
76%
34
10%
J„40
Nov
19% Nov
Mar
734
RR Co com—No par
36% Jan
94
23%
7%
*8
No par
—
Feb
11%
23%
7%
101 %
13%
Jan
20%
23%
7%
13%
•
23
.
*22%
13%
%
Dec
16%
16%
*5%
28
4ft
*1834
5%
4b
101.34 May 26
19%
9%
13%
Gas
*18%
16%
13%
Cincinnati
19 34
5%
13%
Chrysler Corp
17
2514
934
1
Copper
25%
16%
Pac RK'CO—No par
preferred series A
—100
% ft
Chile
4,700
251 '4
9%
Chickasha Cotton Oil—
3
Jun
130
2634
25 Va
6%
Chicago Yellow Cab—;
Childs
136 V2
9 34
22
convertible
Conv
3134
100%
*5%
21%
Paul
Is
3134
136'A
6%
*100%
4,600
100%
*18%
19%'
120
54
101
9%
'
Chic Rock
3134
900
137
101
*13b*'/a
9%
—
$3
3034
54
*5%
vtc
Louis Ry Co class A__25
A
136 34
54 34
*18%
834
St
31
25
136'4
135
53 34
1934
j
Milw
2534
8,900
16%
21% May
12% May
"24%
%
41%
16%
37% May
27% May
8
May
78
137
13634
26
21%
29% Jun
9
101%
137
10 J
137
25
3%
65% Jun. 10
4.
10134
137
103
13634
1,100
4034
*18%
Chicago Pneumat Tool com„No
20
63 34 May
18
11*
30%
101%
135
53%
*
*101
21%
B
Series
19% May 27
4;% Apr
2
1
52% Feb
Oct
31 %
8 34
Chicago & Northwest
5ft preferred
2'
15% Oct
11
4%
30%
21%
\
15%
31 Va
734
41%
41
136
53 Va
13%
3434
734
19 34
—
42% Sep :'t
7234 Oct. 22
July 22
3034
136
1334
3434
734
*7%
16%
:-No par
B
A
Class
May 21
41%
3,600
1334
4034
600
35
f
900
33%
16%
Chicago Great West RR Co com_^50
5 ft
preferred—.
50
49% July 15
40
57
1
49% Mar 20
13
35
7%
54%
21%
Chic & East 111
1334 July 13
41 % July 13
2334 July 15*
13 34
3534
*7%
138'/a
—5
Chicago Corp
Dec
8%
1334
35%
150
30%
*32%
v
53%
Copper Corp
convertible
Feb*
Jan
32
2,500
108 34
3034
*18%
1
Co'vtc
series
Co
7%
12%
41%
Products——
12%
4% May
8% May
•
Ry
Pasco
Apr
July 13
40%
39 34
32
13834
25%
33%
5% May
6% May
9
7%
,
5%
108
_5
Champion Paper & Fib com—No par
$4.50 preferred
_No par
Checker Cab Mfg
__2—__
1.25
Chesapeake Corp of Virginia
__5
Chesapeake & Ohio Ry common—25
30
May 8
45% Jan " 9
35%
*7%
30%
32%
534
10934
30%
53
138
*74%
•Chain
8
3534
*10834
30 >4
138
108
25%
3.40ft pfd—100
Certain-teed
6
33
13%
'
5%
32%
33%
33 V*
110
52 34
*136
Cerro de
11
16
Feb
3334
5%
30 Vb
30%
Jersey100
Central Violeta Sugar Co
9.50
Century Ribbon Mills—
No par
14
17% Feb
90
Ga
Central NY Pr Corp
tCentral RR of New
May 24
24% Feb
Dec
V-
<
20
Feb'
j
"
.
.
10
Nov
Jan
Dec
81%
3%
12-
13
27
Jan
40%
Nov
21% Nov
Jan
.110%
Dec
10% May
23
Feb
35% Mat
21%
*109
30%
•
5%
52
*101
100
Hudson G & E Corp__No par
111 Light 4% ft pfd
100
Central
16%
9%
of
Central
12%
109
*29%
„
5%
.—20
preferred
3
96%
11% May
1
5%
8
Jun
5%
109
8
'
Dec
22%
54
7%
138
Shares
14
*5234
35%
No par
_No par
;
preferred
Central
6
4% May
11% Dec
74
13%
54
35%
100
common
Aguirre Sugar Co
Central Foundry Co
1
12
10'
Jan
10%
116
1134 Sep
5% Nov
22% Nov
14
*5234
36
30
Central
14'%
*13%
110
38%
for
the Week
14 34
13 34
No par
Sales
Nov. I!)
$ per share
54
34 Va
138%
Friday
Nov. 18
t per share
*52%
13 34
*51%
Thursday
.
*13%
*33%
7%
.
share
14%
13%
*138
'•
,_No par
preferred
Corp
22 Vb
7-% May
100%
2nd
Celotex
21%
Dec
__100
—
*109
39
$ per
54
34%
*7l/8
share
5%
30 Va
*38%
Nov. 17
*52%
3034
'
PRICES
Wednesday
*13%
30%
*35 34
.
$ per
5%
*3334
__25
SALK
1434
*13
._U^50
HIGH
16
54
534
109
*29%
AND
Tuesday
Nov.
3
T/o
25
*13%
*52%
5%
103
»
Corp—_—:—1
common.
preferred-
14
54
*5
par
Celanese Corp of Amer com
$4.75 1st preferred.!—
May 27
22% Feb
*13%
*52 34
1
Caterpillar Tractor
9
123
Feb
Monday
Nqy. 15
$ per sliqre
$ per shaie
10
Ohio Ry_
1
39% Jun
Par
Light——No
&
Conv preferred
Carriers
147% July 15
64
-j'-'
common—1
Carpenter Steel Co—4--i_——_
5
Carrier Corp c6mmon_2—__...a2_10
9
May 20
52% Jun
2
Jan
A
$3 preferred
A
Capital Airlines Inc_—.
193/4 May 21
43% Jan
8
19
6% Mar
353/4 Mar
Saturday
>
(2127)
RECORD
Nov. 13
yaV.:
class
5
28%
May
17'/4 May
x97)
Dec
CHRONICLE
LOW
STOCK
*
Admin
32
July 28
41% Jan 12
18
Feb
YORK
ft/';
Capital
Aug 26
834 Mar 22
1103/4 Nov
2
Nov
Det
''
47
STOCK
EXCHANGE
56
20
27% Jan
38
>
YORK
'
May'15
18
21
Jan
Jan
NEW
$ per share
15%
128
1
Highest
$ per share
57%
Dec
Nov
FINANCIAL
STOCKS
Year 1947
Lowest
$ per share
&
34
9
59
88
•
"
3234
*93
834
33
3234'
953ft
*93%
9
332ft
953:ft
?
5834
58%
2ft
32%
33'A
*9324
95%
*93%
924
824
9
9%
59'A
5978
60
592 a
9
92ft
9
59
50%
in CO
""
32
33
95%
32%
*94
32%
\
100
IT. 4 00
9534
9%
60
1.300
2,400
19
THE
COMMERCIAL &
Range since Jan. 1
.Year 1947
I per
12%
Dec
27%
55
Vo Jun
17%
44
Deo
Oct
Feb
24
Continental Motors
11
69% Jun
18
Continental OU of Delaware
19% Apr
16
14
9
33
Jun
x49% Mar 17
55
Feb
21% Oct
11
12% May
20% Feb
51% Dec
61
Jag
50
Feb
49.
13
10
Dec
32%
Feb
18
Nov
88% Dec
105%
Feb
88-
Nov
105%. Jua
Oct
59
15% Jun" 15
July 14
23% Oct
28.
Apr 30
88
Dec
61% Sep,
170,
75%
195
Dec
Jap
98
1
July 21.
.66% Mar 24
177'
164% Oct 18
Aug
15
97% July
Mar 19
8% Jan
2%" Dee
26-%'May
3% Sep 20
5% Jan
214 Aju?
3% Feb,
2
40%
Jan
Feb
97
Dec
107
Dec
16
Dec
30
Jan
Jan
24% Jun
9
Mar 18
46% Mar
6
$2
34% Jun
1
Crown
25.
-98
Dec
108%
Feb
91% Feb. 24
103% July 14
105% May
22% May
130 %
Oct
99% Nov
129
Jun
,1
37%
Feb
28% jun
14
96
Jan
21% Sep 28
66y2 Mar 17
78'A Jun
2
5%
34
Jan
17
Cuba
17% Aug
9
Dec
22
May
34%
Oct
26%
13% May
21 Va
Jan
12% Feb
165
165
Jan
12%
Dec
Xl6
19%
24%
177
Apr 21
80
12%
6% May
16% Nov 15
147
56
Jun
129
Mar
6%
4Va May
12% May
21%
132
Feb
18% May
122% Feb
Dec
70
113% Jan
11
17
13
Jan
27
133
30% Feb
18%
19
18%
19y8
48%
10 "
48%
Id
48%
10%
48%
48%
10%
11.
53%
52
52
52'/a
19%
*89
20
89%
52y2
19y2
*89
*52
19% -lay*.
89
89 *
*88
1
90
89y2
60
60%
169
3%
169
170
3%
3%
6%
RR
Curtis
$7
22%
18
17%
—Nopar
—5
*38%
38%
*38y4
39%
38%
38y4
25%
25.%
25%
26
26 Vb
27
' *94
>95'%'
; • 95Va
*100
101
*22%
22%
100
*69
28
28
isy8
Inc
*75
70M,
28
27%
15%
180
12%
13
13
12Va
16%
16Va
17
7%
140
*50y4
51
7%
21
138
140
50'A
7%
7%
2iy4
50'/a
7%
21%
21%
*132
2614
26%
Corp common
l
3%% pfd series A
—100
Davega Stores Corp common
2.50
19%
19'/a
19%
20 %
87
86%
86%
20
26%
27%
20
:
'
:
D
26% Sep
19
Sep 28
30% Jun
90% Nov
97
Sep
85
Oct
Dana
94% Jun 24
20% Jan
2
17% Jan
6
14% May
!
23%
13% Mar
Oct
24%
Dec
Sep
33
18% Feb
14
Jan
24% Feb
25
16
94
Jun
17
94
Jun
10
15% Jan
Aug
May
5
84
Sep 27
9% Sep
.
7
24
13% Jan
10
42
Jun
46% Jan
Dec
32% May
5% May
45 Vt Mar
10% Feb
38 % Jan
7% Feb
Preferred
Records
& Co
Inc
20%
20%
20y4
20y4
28
28
85
x27
x83%
27
83%
' *84J/2
86
*84%
86
10
8%
10
10%
50c
7%
1
20
Delaware & Hudson-—
11
13% July 12
Delaware
20
Lack
6% May
,
19%
14% Feb
Dec
20
Apr
ctfs
for
Escrow ctfs
for
July 15
% Nov
9
Nov
19
60 % Jan
9
10% Feb
11
13% May 24
26% Oct 23
57
62 V2
Oct
13% July
26% Oct
Oct
16
22
Jan
11% Nov
13
16% Jan
21 % Nov
9
28% Jun
38
47
42 y2
$0
Jan
Nov
35"% Mar 12
Feb
46
13
24%
11% May
18% Jan
13
19% Qct
40% Sep
55% Oct
14%Marl2
15%, Dec
25
' May
49
*
May
19 y«
Dec
34
Feb
Nov
13
41
Jun
47
Oct
19
56,
23
Jan
Feb
29
28% May.
39% Oct
21% Jun
47% Jan
Sep
98% Dec
76
Jap
42% July
114% Feb
91% Dec
104 'A
13
11%. Nov
45%.May
14
15
Feb
83
2
98
July 16
33A%
Feb
12% Feb 11
20
Nov
18
May 15
May 20
DunhiU
12 % Mar 11
164
197
July
129%-Aug
;
107%
Dec
Mar 18
113% Jan- 28
94
Feb 11
Sep
115% Jun
19% Mar
111% Aug 24
12% Ocf 1
$3.25 2nd
106% Oct 22
31% Jun 21
*
99% Jun
15% Jan
i
.
:
$4,50
-Highest
•
Range states Ian. I --"
Highest
Nov
14 %
Dec
51
,
42% May
163
Dec
;
42% May
18% Dec
88
.
.
•
2
10
157;
Sep 27
Feb
82
Mar
8
8%
Feb
Sep 17
5% Jan
5
Feb
16%
Feb
11
39%
3%
92
% Jun
16% Jan
106
8% Jun
16% Oct
19 %. Feb
13% Feb
11
7
10
i.66
*
Oct
21
Feb
123% Feb
11
147
-
bet
49% Feb
10
Oct
Mar
97
Feb
27
Dec
4
% Jan
5
12%
Feb
24%
.
12% Jan
2
x29% Jan 22
9% Feb 11
.
50% Feb
59
11
Sep 44
Feb
4% Oct 11
Feb
9% Nov
25% Jan
50%
Oct
13% Aug
-
Jun
3
20% July
15 % July
4%
Dec
10% Nov
32% May
X6% Dec
6
11
107
Feb
Oct
12% Feb
Apr
Mar
;
76
38
85
49
13
Dec
13%
6
55% Feb
Jan
67
Jan
17
74% Jun 14
9% Mar 18
Nov
9
27% Jun 14
17
7% May
26
9
19%
47% May
Oct
56% Jan
18
Aug .19
18
7% Mar 17
35% Nov
5
4% Nov 18
For footnotes see page 28..
Electric
1
6
9
16% Aug 27
34
104
Jan
.
8
Jun 10
6% Nov
4
16% July 12
65% July 15
68% Apr 14
9
'
Jan
14
20% May 17
11% Jan
5
49% May 3
7% Mar 30
40
100
*
4
21
»87k
*13
13%
*13
119%,
97y4
119%
*97%
114%
12oy2
98
114%
13%
—
&
Evans
Products
57%
—
1,400
20
19%
2,600
*87
88
40
*15
16
200
*14%
16
19%
20%
26%
26%
2,900
2,400
86 %
*85
290
29
29%
1,000
34%
35%
12,500
34
34
42%
...
43
2,300
1,200
8%
9%
10,000
25%
27%
4,600
46
47%
20%
20%
9,800
A
285,400
10%
1,700
23%
400
*
.
14%
1
.
-
.
25%
46
20%
19/64
60
11
19/64
10%
23%
40
12%
12%
800
22
22%
2,600
42
42
45
45
700
12%
13'A
22'%
41%
45
13
16%
13
4,700
700
16%
15%
26%
26%
48%
-
16%
15
15%
25V2
49%
12
2,800
57
57
*23
49
:
11%
800
1,900
■
270
33
11%
*49%
47%
•>•
17,300
11%
32%
32% 32%
11%
11%
49%. 50 -r ••
47 ,. 47%
*100
101
100
101%
20% 2Q7/a
*87
90
*13
14%
13
13»A
X171
172
*120
121
*97% 98%
114% 114%
13%
13%
1,500
2,300
•11%
6,900
51
2,000
•47 3/,
4,500
-
♦100%
101%
*100%
101%
1,300
20%
21%
9,900
100
90
*87
13%
*13
200
13%
13%
1,300
171%
172%
6,500
121 ;
121
98%
*98
114%
*13
12%
41%
13%
41%
13%
*33l/a
34%
*33%
iy2
1%
lVa
1V2
RR Co
:
>
50
■
1,200:
400
v
i
114%
13%
280
100
-2.50
-
*150»A
135%
50y„
13%
34 ;
1%
19%
152ya
135»/2
50ya
18%
w
*33%
,
1%
34
-
*
,
1%
,18%
18%
151% 152
*134 t 136
50% 51
•
33% 33%
1%
1%
18% 19
152
152
*133' • 138 ■
50%
50%
*15%
20%
15%
20%
*53
*43
46
*42
56
45Va
14%
20%
*53
*42
21'A
56
45%
15%
20
'56
*42
15%
20%
56
45Ve
66
66
65y2
66'A
*65
66y2
66%
667/a
13%
13%
137/a
13%
14-
14
" 10%
14%'
10%
10%
10%
14%
10%
14%
10%
14%
14%
14%
.
.,
,
14%
30
.
99
>
30'A
30%
*30
*98%
99
30'A
99
99
54%
54'A
*61 Va
06'/a
5%
13%
54l/2
*61»/a
5
5
5%
5 ya
12
12
12%
5%
13%
54
66'/a
8%
37%
5V2
5%
.
53/a
13%
I4ya
36%
*5
.
12
5%
14
54l/2
66%
5 Ve
12
83A
8%
37
8%
.
' 7%
36
37
.SVa
5
5
..
-•
•
15%
*30VB
98%
5%
13%
53%
*61%
5
*11%
30Va
98%
5%
13%
54%
66Va
5
11%
7%
8%
37'A
5
37
5
20
Shares
14 14 Va
*iy/e,.12 \
143A
14%
30y8 30ya
*98
99
5%
5%
13%
14%,
54
54y4
*61% 66%
5
5»/a
9%
10%
8%
8%
37
37
Wa
,4%
20%
14%
15
*16%
17
*
2,400
7,500
1,000
(
14%
43%
,44%
14
62%
15%
*89»/2
.
11%
,
800
31,600
100
62'/2
*15%
*96
,
.
162
162
11%
11%
*96
100
6%
6%
40% 4iy4
13% 13%
15%
*53
8%
*36»/4
*5
•
;
56
*62,/a
11%
Sates for
the Week
share.,
'
62^»: 62
15% 15%
*89% 91%
20%
11
1
3
11%
11%
* 96
100
*6%
7
41>A- 41%
xl3%
13%
'
15%
13%
5
42
-
100
7
:
*19% 20%
14% 15 •
16%, 17l/4
14y8 -14y4
43% 44y4
160
160
*52
*13'A
Co„
91%
11%
,.
v
*20%
*10%
Eversharp Inc
Ex-cell-o Corp
Exchange Buffet Corp
j
20
14% -15%
17
17
14ya - 14%
42% 44%
159% 159%
61%-. "61%
15%
16ya
*89%
91%
19%
5
10
5
7
/.*
20
15%
'*6'4% '66
5
ehare
Friday.
Nov. 19
t per
9 per share
56
46
5%
43.
*96
*6%
18%
19
*150
153
137
137
50
50
18%.
*43
13%
*89%
11%
11%
40%
13%
19%
1
Nopar
100
50
f
100
.
,
*159% 162
"*
62
,
62
^
16%
16% ;
6%
4
Bldg
42V4
91%
11%
,
15%
14y2
41
13%
*51l/a
30
*98%
share
/
Nov. IS
Nov. 17
9 per
17
*96
*6%
50
50
14%
.Thursday
Wednesday
.5
,
14l/a
,
417/a
*89%
89%
*49%
3
.
17
162
61
16%
16
100;
:_10
common
Pittsburgh
40l/a
*159%
-59
16
18%
15%
-15%
14%
137
5%■ preferred series A
Erie
.
iy2
Endicott Johnson Corp common—25
4% preferred
100
Eureka Williams Corp
14y2
153
Emerson Electric Mfg Co—-
RR
*49
12
173
120% 120%
98
98
*114% 116
■>
*13
13%
20V4
*20
17
*134
Emerson Radio & Phonograph
Empire District Electric Co—
Erie
17
<150
Natural Gas..;
Equitable Office
15%
Nopar
—
Tuesday
S per
20%
15%
.No pa*
—
5% %'conv preferred.
5% preferred
*
20
1 33%" 33%-
Elgin National Watch Co——15
El Paso
;
)
Nov. 16
I per share
162
40%
13%
^-Nopar
.-
Nov. 15
40y4
~
*11%
5
—
—
common
Monday
14
/
*96
6%
(The)-—
$7 preferred
$6 preferred—
Electric Storage Battery.
CO
15%
25'/2
^
13%
*13
*56
10%
23%
*12%
21%
41'A
45
*12%
16'A
13%
172
115
A
12%
22
41
45
12%
17
13%
172%
17,
''*15%'
—100
1
Electric Power & Light com—No par
Elliott
4,600
••r--
89%
—100
—
Elec & Mus Ind Amer shares—
'
13%
13%
46
20%
23%
15%
26
49
49%
xl2%
12'A
32%
32%
11% .11%
48% "49%;
46%.i. 47%;
*99
101%
99% .100 .
20V2 ' 21%
*87 V 90
172
133A
15%
57
'•
common—2.50
Auto-Lite
9ya
15%
25Va
15%
26
49
13
32%
12,
50%
'47%
100% v.;
100
21 y2
90
172J/a
20
*159
Electric Boat common
3
Convertible preferred———Nopar
2% May 24
23% July
preferred
Products Co
.
j.,/>99;.100 ,;
13
*13
i
-
'
preferred
i
Elastic Stop Nut Co
10
Jun
57%
Dec
47'
90
115
I per share
10
*19%
Inc—I53'a"
4%%
21
37% Jun
10
56
156%
27% May
102
May
3% Dec
4'%%
Ekco
24
19
Sep 28
'
Par
Edison Bros Stores Inc common—_1
2.
.1% Nov
14.
E
.
21
97'A
13%
Co__
Airlines
preferred
:
Eaton Manufacturing Co
12
32% Feb
24% Mar
"
6%
1
>
Jan
-
171
9% May
17%
26
Jan
Feb
;
Eastern Corp common—
17
Jan
45
63
Jun
13
19 % Nov
56
Nov
8%
175
Dec
11%: Dec
,
100
*13%
Nov. 13
14
10
59%
,
>Saturday
Eastern Stainless Steel Corp——5
Eastman Kodak Co common..
-10
Feb
139
STOCK
EXCHANGE ;
22% Jan
8
46% May 15
Jan
46% May
■
46%
*170
' 119
119%
17
39 % Nov
July
»-•
100
1,000
40,300
LOW AND HIGH SALE PRICES
10
69% Oct
65%
.
«>
50%.
*87
*97
97%
*114%. 115.
Eastern
Dec
15% Dec
12%
32%
:ll%i
.A. 49.%
32%
100
.
*12%
49
.12
^..12%
13%
169%.
*119
,
—8
!
19% May 17
98;
i
13%
25%
..
13
20%v*
13
17ya
15%
*98%. 99JA
90
169»/a
Eagle-Picher
47% Feb 26
11% Nov 18
;
*87
20% May 18
19% NOV
1
15% Nov 12
FCb
Feb
11% May
47
38 ya Feb
Feb
:
135%
10
27%
Sep
145
13% Nov
.111%
4%. May
50% May
10% May
33% May
Jan
48% July
198% Oct
109
i
20%
-*12.
•
26y2 '
46%
98%
98
^ 20
25% May 27
25%
Dec
Dec
v
Nopar
6 per share
57%; Dec
15% Aug
104.
19% Sep 20
13% Oct 11
16% Nov 18
25% Aug
24%.Apr
,
^99.,'; 100%
;
12%
45
12%
45
49
49
1
-
1
Cigar Corp
*25y2
v
49%
12
100
series—
NEW YORK
Lowest
6 per share
$ per share
Jan
16
2$
50%
.
$3.50
: ■'
19%
16%
41
16%
-
BTOTRd
Year 1947
Lowest
*15%
1*50
:51%
46%-/ 46%
50c
preferred-
Preferred
Range for. Previous
9 per share
--No par
No par
common-
International
DWG
17»A
*40%
40'%
13
31%
•12
j
series——Nopar
Duquesne Light 5% 1st pfd100
2
16y4
12%
31%
.12
—5
JWo par
preferred—
Preferred
•
22
45'A
12%
16%
\
12%.
31%
No par
Du Pont de Nern (E I)'&CO com—20
3
Jun
-
13'A
*45
12%
16'/4
25
Duplan Corp
188% July 9
124% Jun -17
116
Co
Dresser Industries
conv
12>/a
22
45%
16
——^Nopar
common"—^
15
23'A
12%
21%
41
*49
Corp—
11
23%
*45.
*12%
16
60
11
21»/a
*40
2
.*56
23
12%
23
No par
$4 preferred series Ax
90
A
11
*12
No par
Chemical
19% Nov 10
-fx
21%
40%
11%
—_-Nopar
:
Douglas Aircraft
Dow
20%
47
20%
60
10%
21'A
2
27
46
ik
*57
r
26%
•
.
20 !A
20
23%
Ltd
Dome .Mines Ltd.—
Oct
Jan
20ya
11%
25
common-
Doehler-Jarvis
-
22
106%i Jun
!6
13
25%
21V*
No par
common
Pepper Co
Dec
23
110% Sep
14
.' Feb
Feb
-
Dr.
Jup 16
50% Oct
26%
46
20%
A
60
11
,-12.50
1
A—
19
17%
Dec
10% May
14% Nov
173
May
115% Dec
92% Dec
97
class
19 ?» Feb, 24
32% Feb 20
25%
45%
20 %
A
*56
11
*23%
' 12%
21%
41
45
12%
16>A
27
46%
5
Match
12,500
27%
27'/a
8%
11%
98%
May
80
40
67% Apr 15
8%
61
Corp
Dixie Cup Co
5
2
9ya
26%
Dlvco
2
18
s
8%
*11
Apr 21
liy8 Nov 19
Feb
42>/2
46%
*22%
900
1,300
*16%
17
774
8y8
*138
139'%
50%
51'A
7%
8
21
21%
*132
140
.
*56
Distill Corp-Seagrams
19
25
>.16% May
36 y§
20% Oct
42%
9%
46
6%
partic preferredDiamond T Motor Car Co
xl9%May21
Ma? 17
42 y4
8%
1
Diamond
10
46% July 29
19% May 26
12% Nov 15
17% Dec
Jun
41 %
26%
„
3,900
80
33%
42 Va
1
Raynolds class A
'
1,900
7,500
33%
25ya
Vilbiss Co
440
27
27
15y4
15 *A
*160
180
8%
8%
74
78 %■
13
13
9%
33
Detroit-Michigan Stove Co
De
200
t
9
32%
Detroit
Devoe &
"lb
2,200
70V3
*69
1,200
32%
Detroit Hillsdale & S W RR Co..100
2
Feb
Jan
700
4,TOO
'
10%
29
34%
34
42%
45%r
Corp
700
22%
22V4
,
400
4,000
86%
9%
30
&
Steel
5,60p
10
9
20
1,300
86%
35%
34
42 »/2
'
800
2%
86%
9ya
29%
9'A
240:
86%
34%
9
6,500
86'%
10
35%
,,
90
90»/a
86%
30%
9
50
91%
86
10
35'A
9
3,800
20J/a
86 %
10
8%
30%
10
.
.3%
19%
87
16
16
20.
27
30
Rights
10
31%
20% May
35 y2 Apr
22% Mar 18
16
16
20
26%
86
10
19J/a
87
*15
*14J/a
20
26J/2
k
42
8%
20
20
87
35%
100
-
84
86
„
34%
100
com
pfd
J 82%
i *84%
,
Detroit Edison
21% May 17
9
Jan
Aug
10% May
.17%
i
Escrow
58
9
% Nov
'59
39% July 15
11
32% Mar 16
44 y4 Dec
27% Mar
27%
23V4
18»/2
32%
*41
50
20%
20%
26'A
10V4
8%
*29%
30
*31%
100
Western
&
16
16
9%
10'%
9%
29
35'A
34
42 V2
8%
34
preferred
20
*86%
*15
*14y2
20
26'A
86
87
40.
440.
3iy4 31%
*92>/2
94ya
*9%
9%
23%
23%
18%
19%
36%
36%
25%
26
*95'/a
96%
*98
102
96
34%
*29
No par
common-
34% May 24
50% Jun 24
5
16
100
series B
*86%
*15
*14y2
16
84%
Denver & Rio Grande West RR
25% May
20% Dec
.
3.75%
Decca
*15
*14%
16
1
A
Deep Rock-Oil Corp
*
,
series
Deere
16
7
100
(The)
common
3.75%
Dayton Rubber Co
2
Sep
29 % Feb
15J/2
*14y4
20
Preferred
15
13
33
*85%
50c
Dayton Pwr & Light
9
8% Sep
28 % NOV
46% Oct
38 y4 Feb
29%
5% conv preferred
Davison Chemical Corp
28% July 14
31% Aug
4
82 % Nov
23% Feb
20% Feb
45% Oct
12% Sep
31
Oct
35 y»
Dec
82% Dec
11
25
101% July
101'/a July
16y4 Jan
84
9
Feb
15
24
8
10
1,600
52
•V''
-
.
19% Aug
27%
20
49%
10%-
3%
*2%
12%
12%
*16%
17
7%
7%
140
140
*50%
50'/a
* 77/8
8
20%
21«/a
*132
140
27
27y4
140
1,300
12,800
59%
59%
*172
174
78%
*74
.
89y2
*
*26'/2
27%
15y2
15y2
*160
180
8Va
8y4
78%
3,000
53%
20%
52
19J/a
*90
71
*132
27
26%
*26
21»/a
140
*132
140
No par
„
141
50'/a
8V4
139
>
50%
21
*132
71
*12%
1274
16y2
16y2
7%
8"
*138y2 141
50y2
51
7%
8
20%
21%
8ya
774
8
138
:
7%
1
69
*74
.
16'A
25
*49 /
*10Mi
22%
26%
27
15% A5%
12%
16V3
100
22y8
*98
,*160
180
8%
8y2
8%
79 %
7%
Inc
23%
23
69
.,
180
8%
*77>/a
16%
pfd
*160
9
7%
*137
A
Cushman's Sons Inc 7%
Cutler-Hammer
37
26 V4
96'/2
102
.
79
8%
*75
16%
common
.
16
*160
36%
26
*95%
27>/2
16
1
preferred
*69
15
No par
No par
Nonpar
com
.
23
70y>
23
27%
79
13
96'/a
99%
99%
'
22%
*70
15V8
180
a%
*160
S'/a
100
^-5
*95l/a
96y2
101
22.%
71
pfd——100
*100
,
8,700
16'A
31%
.
10,800
56
2%
31%
*92y2
9%
23»A
18
Shares
'
25
53%
20%
89y2
.31%
96
9%
23%
18
18'A
*37
37y2
26
26%
*95% 96%
*98
102
18%
Prior, preferred
Class
9%
*2%
31
*92%
9%
*22%
96
<92
9%
22%
non-cum
Curtiss-Wright
96
9%
ley*
24%
54
20'%
59%,
60y2
172 , 172y4
'*3%
3%.
2%
2>A
3iy2
31*A
31
*92
*88.V2
60%
170% 170%
3%
3%
2%-
17%
—No par
Publishing
2%.
22%
preferred
Press
3%
2%'
2%
30%
55'A
90
90
(W
60 y8
23%
Cunningham Drug Stores Inc—2.50
July 2
x31% May 26
89
60 y2
17y2
Corp com
89'%
90
90
7%
55%
*49
49%
10%, 10%
52%i
53
19V*
19'/2
49%
10%
52%
19'A
60
.
167% 16,7%*
3%
3%
2Vi
.
90Va
*89
55
15%
24%
*53'/a
20Ve
20%
*49
10%
52%
19%
*88%
"v
7%
7%
57
16
25
54
19
*168
90,
60V4,
,
59%
19 V4
.
17%
preferred-
conv
Cuneo
137
21% Mar 16
18
54
*22%
preferred
4 Vz%
Aug
2
May 14
12% July 21
28 y4 Sep
1
11
18% Feb
Dec
Apr
4
July 30
61
4% Feb
*53V2
*§%
'
common—10
100
Cudahy Packing Co common——10
150
Mar 11
48
Feb
54
*48
Cuban-American Sugar
1% preferred
13% July 15
Feb
7
Feb
*53y2
9%
22%
—
Zellerbach
$4.20
17% May 18
24% Jan 13
'
<
Jun
88
54
i7»/2
$4 2nd preferred—
—NO par
Crucible Steel of Amer com—No par
13% May 21
Sep 22,
12% Nov 16
Feb
,27% Nov
Oct
11
8% Nov 18
Sep
Mar
101
Dec
155
Jan
17%
Dec
82%
2
Mar
24%
com——-2.50
preferred-.
Oct
66
—
America-
of
Crown Cork & Seal
34%
16
16%
24Va
96
9%
52% Mar
10
15%
24y2
30%
Apr
Nov
15%
24y»
30»/2
Dec
•
*15%
*92
*9«A
25
41
15%
24y2
*53y2
'
55%
16
24%
*53y2
57
24 y2
1
preferred
56%
56
7%,
S per share
7%
7%
9 per share
t per share
7%
*15%
—
common™
'
7%.
Sales for
the Week
Nov. 10
Nov. 18
Nov. 17
S per share
7%
55
Cream Of Wheat Corp (The)——2
8
7%
55
-100
3%%
26ya May 27
1714 Nov 10
36% Nov 18
t per share
7%
25
Co
Creameries
15
13
9% Nov
x21
—
Crane
39% Jun 14
98% Jun
2
94% Aug 31
6ct
22%
13
Feb
29
Mar
11%
9
54%
—.
2
4%
•4% Dec
_5
Convertible pref 5% series—-50
Cornell Dpbllier Electric Corp
1
Corn Exchange Bank $ Tr Co—-20
Corning Glass Works common—5
3%%" preferred
——100
Cum. pfd 3%% ser of 1947
100,
Corn Products Refining com.—,25
7% preferred
100
Coty Inc
—1
Coty International Corp.
—1
1
57 %
3
86
18%
22
Nov
7%
Corp.—__—14
Cooper-Bessemer Corp common—_5
$3 prior preferred
No par
Copperweld Steel Co common—5
July 12
13
1
,
,
Friday
Thursday
Wednesday
Tuesday
Nov. 16
Nov. 15
9 per ehare
Continental Steel
19% Mar
Monday
*"
Nov. 13
Par
10% Jun
42% Mar 24,
9% Nov 10
55
Saturday
"
Mar 16
14
Dec
12
19
Monday, November 22, 1948
LOW AND HIGH SALE PRICES
STOCK
EXCHANGE
t
8 per share
share
46% Feb
Oct
Feb
Apr
14% May
43
May
NEW YORK
Highest
-
Feb 27
6
Feb
55%
Apr
-
t per
share
12%
6% May
35
Lowest
Highest
9 per share
CHRONICLE
STOCKS
Ranee for Previous
Lowest
FINANCIAL
.
2,200
1.3Q0
91%
40
11%
1,700
100
*6%
6,000
14
1,900
33%
■;
200
41%
14
■
6%
40%
33%
1%'
19
400
1%
2,800
19%
10,300
154
154
*135
138
70Q
200
*50%
50%
600
15%
15%
1,200
20%
20%
1,900
56
56
*44
67%
14%
700
45%
67%
14%
4,200
1,100
11%
11%
1,300
14%
14%
1,700
*30 y8
30%
500
99
99
120
5
5
1,300
14%
15%
54
55%
*61%
5
9%
8%
37
4%
23,100
1,100
66%
5%
2,100
10%
5,200
8%
9,000
37
-
4%
1,000
900
Volume
168
COMMERCIAL
THE
Number 4753
STOCKS
*
* per ihare
Range sinc($ Jan. 1
Highest
$ per share
Lowest
,
t per share
NEW YORK STOCK
'
,
;•
Highest
EXCHANGE
60
Jan
31ft
Jan
Feb
LOW
Par
54% Jun
10
Fairbanks
33 ft Oct
28
29
Faistari
Feb
14%
Dec
167/8
14
No par
Co
11% Jun
16
Farnsworth
Feb
20
16
Oct
23
11
43
Jun
3
Fedders-Quigan Corp
Federal Mining & Smelting Co
Dec
23 ft July
16
19
14 ft
20
Dec
42ft
_
6% Nov
15
12 % May 18
Federal
20% Feb
10
31% May 14
Federated
90
Feb
9
Feb
20
,Feb
10
24% Sep
7
Felt
Jan
18% Mar 17
26ft Jun
9
Ferro Enamel Corp
59ft
Sep
Feb
61
Jun
Feb
53 ft Feb
28
69% Oct 26
Feb
11
51
18
43
59ft July 12
20
20 ft
Firth
39 ft
Oct
30
Sep
27
Feb
97 ft Oct
7
41ft
Jan
30
Feb
13
Dec
17%
Jan
13 ft Feb
18
May
24
Dec
26ft
Nov
22
Jan
10% Nov
12
8% Aug
May
Jan
25%
9
35% Feb
13
10
18
50%
Feb
22
Jan
39
Jan
Mar 16
'
Dec
Dec
Feb
26 ft
27
27'/a
27%
27%
6,100
93
*91'ft
92%
♦91
91Ya
*91
91 YB
'190
21
*21
21 %
*20%
21'ft
500
21%
*21%
22
*21%
22
300
26%
92'ft
93%
*91%
20'ft
21'ft
21'ft
21
21ft
*21%
21%
21'ft
63 ft'
100
63
44 ft
44 ft
66
66
45%
45
104%
*103
*103
65'%
44%
44%
103%
>103%
104%
100
55 ft
55 Yi
54 ft
55V4
2,100
17 ft
17 ft
18
18
800
31'ft
32
6,200
*98%
100
54%
55
55
56%
18
18
18
18
32%
13%
13 ft
13%
13%
13%
__No par
*13%
13 ft
13%
33%
*13%
13%
*13%
24% " 24%
24%
25%
Food
Food
Sep
13
Steel
Fair Stores Inc
—
Machinery & Chem
conv pfd__
3ft %
preferred
Corp
6% prior preferred
5
16% May 21
47% Oct 22
12 ft May 18
24% Jan
5'
84
Fruehauf Trailer
4%
Co
11'ft
11 %
11'ft
11 Vo
32%
33%
32
32%
88
88
88
88
84%
86
86
26%
26 ft
25%
24 ft
24
*23
11%
11%
43
24
43
42%
11%
10 Ya
11%
1,300
32
32'%
33
3,300
89
89
86%
87
%
87%
800
26%
26 ft
27%
3,100
24
90
♦23
24
*11%
12
11%
11%
1,500
*8 7ft
9
8 Yb
8 Ya
2,100
42 '/a
42%
1,400
9
43
500
3,800
26%
'12%
12
9
42%
42 %
,
25%
86%
'
87
13%
25%
;13'ft ;
89
32
42%
9
9
■11'ft
*86%
'.26%
*23
12 ft
11%
9
*8%
42 ft
*42
*23
42%
24
11%
11
20%
20 ft
21
21'ft
21
21%
21
21%
21%
22
21'ft
22 Ya
75
77
74%
100
74%
76
78
78
78
79
79
79
80
11%
11%
11%
*10%
1
common
preferred
11'ft
88
*23
4,200
13%
83ft'
8%
13 ft
25
26%
11
300
13%
13%
83ft
8%
32%
13%:
13'ft
32%
25
32%
10
32%
13%
26%
11
Sulphur Co—
—10
Froedtert Grain & Malting Co Inc_l
"13%
100
25%.
83%
1
32%
*32
24 Ya
25% " 2G
*23%
25
31%
*99
32%
'
26 ft
No par
Freeport
4
*32
32
*85
89
83%
common___10
..i_
32 %
100'ft
*26
100
———
*99
11'ft
lift
31ft
31ft
*85
100
Francisco Sugar Co
Franklin Stores Corp
May 15
lift
1
Corp„10
3 ft %
Foster-Wheeler
May 21
1—10
Corp—
100
•
T9
31%
33
13%
Power
1,700
3,900
44%
103%
17'ft
32%
66 %
45
66
45 %
54'ft
31%
31ft
67
300
104 ft
54%
•
17%
66'ft
66','4
5%
5%
44%
17%
55
5'ft
*103%
45%
104
13 ft
21
Aug
26%
27%
——7'ft
17% Mar 12
Sep 28
27
26%
Corp.
74
103 ft Mar
2,400
Florida
Jun
10
6ft
24
47% Jun 14
25% Jan
6ft
*32
12% May 24
90
6ft
32
Feb
38 ft
6'ft
32
Follansbee
10
6%
6%
32
lYlorsheim Shoe class A
27
800
6%
6%
32
" 6
24ft Feb
1.7 ft
Co———No par
12
Dec
17 ft
Florence Stove
40ft Jan
32 ft
17%
100
21% Jan
,
17'ft
6%
104%
31
17%
100
6
105
44 ft
►102 ft
54%
4,300
17%
"[ 20%
25
*17 ft
19,400
14 Yb
39%
17%
64 ft
*63
5Ya
14 ft
17%
21
1,900
*38'ft
17%
21
3,000
14%
6'ft
21
1,200
24
38%
*98
11
10
94 ft
No par
:
23 ft Feb
10
94 ft
*20 ft
*20 ft
(The) common__No par
12% Nov
Nov
27 ft
10
Carpet Co
preferred-,.
$4
Dec
Nov
27
5
.100
29'/8
24
14%
100
15ft Jun
9% Mar 17
6ft
40
29 %
38'ft
5ft
14%
*38%
*98
21
t8
e%
39%
30%
.
14%
5'ft
14%
39%
•
24
39
5%
14%
*38'ft
ft
No par
26
82 ft Nov
May
18%
(The)
Flintkote Co
Aug
110~ July
23% May
12 ft
May
77
9
14
May 27
36 ft May 26
29
lift
Aug
42% Jun
X104
15%
May
*17%
No par
40%
Jan
17 ft
com
First National Stores
14 ft Feb
110ft
*17%
39%
40%
5%
14ft
39
.—
49% Mar 16
5ft
5%
5%
1
preferred
Jan
5ft
5
Rubber
&
Shares
40
*29%
14'ft
Z
Dec
Dec
36 ft
4ft %
7
Tire
30
24%
38
Fidelity Phen Fire Ins N. Y
Firestone
29
*29%
*23%
14%
Mfg Co..
21ft
May
19 ft
107% Jun
Tarrant
62 ft
May
91
Jun
&
29%
24
40'ft
38%
4ft %, preferred
15
103% Nov
107 Va Aug
30
9
99ft Jun
29%
24
40
"14 ft
Stores' com—
Jun
99
14ft
Dcpt
the Week
share
24
39%
30
24
39'ft
No par
Truck—
Motor
40
29'ft
24
,
*38 ft
Federal-Mogul Corp
26ft
51ft May
14 ft May
24
20ft May 22
26%
.
May
46 ft May
104
Mar 11
for
Sales
Nov. 19
t per
8 per share
$ per share
$ per share
Friday
Nov. 18
Nov. 17
24
40
.
1
2
5
.___
Feb
107%
Dec
20 ft
4
28% July
Apr
97 ft
5ft Mar
24
1
Televls'n & Rad Corp—1
35 ft Feb
11
f per share
Thursday
Wednesday
Nov. 1«
30 ft
40
*29%
Corp
Brewing
42% Mar
9% May
I per share
Fajardo Sugar Co of Porto Rico__2o
28% Oct
Apr
&
Morse
May
Dec
HIGH SALE PRICES
AND
Tuesday
Nov. 15
r'
10
26j/4 Mar 17
38 ft Nov
,20
~9%
47ft May
11'ft
32
Monday
Nov. 13
...
$ per share
F
May
25 Vs
Saturday
'
21
RECORD
'
-
(2129)
'
Year 1947-
Lowest
44
CHRONICLE
STOCK
YORK
NEW
Range for Previous
FINANCIAL
&
11%
*11
*11
•11
11
11
'500
5,600
350
G
8 ft
Dec
17%
Feb
5ft May
18ft Jun
10 ft
Oct
21
Jan
6% Sep
21
10 ft May 21
Gabriel
10ft May 22
Gair
27
9
20
Jan
10
12 ft
6% Sep
17% Nov
Nov
9
12
Aug 19
39
Nov
9
48% Aug 19
;
May
17 ft
Feb
12% Feb
27
14ft May
4ft July
17 ft
22 ft
Dec
16% Nov
18
23ftJun
9%
Feb
5ft Feb
11
26ft
5
July 21'
16
9% May 20
Aug
43 ft
Feb
30
Jan
5
14 ft May
23%
Dec
17 ft Nov
10
10% May
26 ft May
16
Oct
11% Feb
13
18 ft May 15
109
Jan
99ft Mar 24
Oct
43 ft Nov 10
100% Jan
6
100
Nov
48
Apr
X101
Dec
9ft
149 ft
58ft
102
Oct
Dec
13 ft
Dec
185
Feb
July
11
Dec
18%
Jan
8
May
14%
Feb
71
Apr
37
Sep
8% Feb 28
,
146
23 ft
137
32
Apr
1
9% Mar 17
9
Nov
45
•
.
May 20!
105% Jun
4
:
Jun
3
Gamewell
Gar
Wood
General
15
July 14
82
Jun
21
4%
44% July 15
4ft
33
Dec
3
23
10
Feb
18% Sep
24
24
9
144
160
Jan
xl 25
Nov
2
Jan
Amer
28
May 27
General
Electric
Jun
87
General
Dec
103
Aug
87% Nov
Dec
■16ft Mar
May
54% July
131ft Feb
123
Dec
100
Dec
X122
Feb
9
42
42 Ya
42 Yb
42
42
14%
14%
*14%
16
*143ft
15
141/4
17%
17*;
17
17'/4
16ft
6'A
6'ft
No par
Feb
Jun
2
51%
Dec
65%
94
Dec
.13% May
107ft
18 ft
2% May
18
3,000
15'ft
15'ft
1,400
»101ft
102ft
*101%
102%
*101%
102 %
# per share
50ft Mar 16
66
Nov
1
Oct
7
125% Jun
1
93 ft Feb
119
General
Motors
28
18 ft
2ft Feb
Feb
Jan
11
Feb
Preferred
13
May 27
>4% May 21
Nov
17
15ft Jun 24
9
29
Outdoor
Gen
Nov
19"
*
$3.75
120
Sep 15
4ft Mar 11
128ft Jan
29
Gen Precision
Public
Jan
35%
Jan
23% Aug 11
30
Feb
22% Feb
110% Feb
2
10
30
3
90
17.
May 12
82 ft
108
Jan
80'
98
Feb
72
36 ft
Dec
27% Feb
105%
21
15
96ft Jun
14
25
78
Nov
10
85% Jun
41%
Nov
19% Nov
10
28
Sep
48 ft Feb
27
55ft July
7
Feb
4
Oct
113
33
Feb
71ft
Feb
Dec
Dec
xlC'
May
5Ya
Dec
94 ft Mar 11
Feb
38% Mar 17
96% Mar 18
16ft Feb 11
Jan
8%
Oct
21%
Oct
33
Jan
90
Dec
9
May
14%
Dec
37%
Feb
12
107
Dec
Mar
Nov
10
5% Feb
17
'
15 ft Aug 20
18
Feb 11
23% Nov
Feb
28
May 18
6% Oct
122
3
Nov
6
28
1
$4.50
Glidden
4'ft%
Gold
Co
(The)
conv
Goebel
& Stock
23% Jun
14
$5
$5
Dec
89
Nov
15
8
9ft Mar 16
29
Mar 27
19
Nov
Jan
132
Feb
Feb
12
5% Jan
2
8% Apr 23
Oct
20
Grand
35
Oct
22
Granite
31
May 26
99
Jun
15
14 ft
Sep
2
40
July 14
60
5
Union
Grant
3%%
$2.25
Co
Co
$
"$
pier'share
*95ft
96ft
61 Yb
4
62%
120 Yb
121'ft
95%
95 Yb
*13%
23%
1.4%
Wednesday
Nov. 16
per share
f
'
-14
•.
'•
14
23%
!... 14ft
>
23ft
%»f
-
' «
ft
M4ft
*3
9'/4
1,600
50%
503/4
1,500
x59Y4
Nov .18
I per share
60Yb
59 Yb
121Yb
121%
Friday
Thursday
■■
Nov. 17
per share
the Week
59 Yb
59%
59 'ft
121%
121Yb
121Ya
96'/s
96%
96 Ya
Shares
60'/a
121%
€0
Sales for
Nov. 19
$ per share
1 per share
13 YB
"
4%
96 Yb.
\
14%
*96"
*13%
•;
'ft
96 Yb""
14%"''.
t
24%" •'2 4 ft "ft
"ftftl3Y4Y 4
14
%V
121%
96%;
Xl33ft :-T4 ?•!..•••
96'ft
*13%' "14
40,700
24 Yb
13 Ya
14%
"
31%
3
*3
3
700
13Yb;
•
-
"i
14'/a
'3'/a
3
800
»
3,300
%■
i 3,500
T
""
700
3%
3
11%
11%
11
11 YB
11 Ya
11 Yb
11%
11'ft
23,700
19 ft
*19Yb
19Y4
19Yb
20%
20
20
19 3%
19 YB
19 Ya
19 Yb
1,300
*121
123
' 4ft
123
*121
123
*123
125
*122
4 Y4
4Yb
43/4
24Yb
25% \
24 Yb
24Yb
24 Ya
25'ft
24 Yb
24 Yh
24Yb
25
24Yb
24Y4-
125'ft
125
24'ft
124'ft
243/4
*25%
26
*101'ft
20%
125
*4Yb
24Yb
4Yb
434
;
,
124%
125%
243/4
24 YB
24 Yb
*25%
26
26
26
103
*101'ft
103
*102
104
21
•21%
21%
21
21
x
*80
82ft
*80
82'/4
*80
82%
*72
76
*72
76
*72
76
31
32
89
89
19i%
19'ft
*124
24'ft
100;
•
25
>
11 Yb
4Yb
/
24%
:
*:
11'/a
24Yb
*24'ft
*24%
par
30'ft
31
*89Yb
92
19%
*78
*49Yb
19Yb
5Yb
20 Yb
100
3 'ft
1,300
'*13%.: 14
1
■24%'
24 Ya'
:13 Ya -'
24%
*13 Y b
25
par''
1
'
3'ft
*121
11 ft
'lift
%
24%.
*118
".
22
21'ft
5'YB
122
22%
*118
122
16
16'%
16'/a
167/a
58
58'ft
58 7ft
18
24Y'b
126
125%
126
25
243/b
25'%
26
*25'%
25'ft
*80
82%
76
90'ft
19%
100
■
-
_
'
*89 YB
19%
80
'■
——
1,300
-
76
32%
91%
1
33
6,000
90 Y4
*78
100
19'%
19
5,500
80
22
22%
22%
22'ft
49 Ya
49%
50 Y b
50 3,4
800
x5'ft
•57ft
5%
5%
5'ft
1,000
*118
122
*118
*72
33 Yb
•
770
82'ft
33
♦77
50
5Yb
*80
76
19 '/a
*22%
50
122
,
80
22
21 YB
*90
327ft
19%
1,100
1,200
103
82%
♦72
31%
'102
21
21
♦80
*72
5%
104 *
*102
21
*897/a
1,700
25
*25'%
'
1,900
25
26
20%
*77
4Yb
4Y'a
-25
24 Ya
104
20 Yb
22%
1.16 Yb
60
26
125
*123
124
24 YB
*25'%
51
*5Yb
*
24 YB
4Yb
25
♦25
125
*102
80
*50
53%
.
19%-
*77
51
5Yb
ft
91
19%
22'%
♦49'ft
51
*88%
..
124%
31 Yb
31%
r
80
*77
80
122
5,500
118
118
17
17
17
16 Y%
16 Yb
16%
58'%
59
58'ft
58 Yb
593/4
30
16 'ft
59%
60 3%
3,100
*
.
*101
102'ft
*101
102
42 Yb
42%
*101%
102'ft
1013b
*18%
19%
19'ft
42'ft
57Yb
*101
43%
102
102'ft
42%
102
193%
27
145ft Jun
17
7%
1
i
_5
43
102
19Yb
5,300
"
,
*101
102%
*101
42
'
19 Yb
*27
28.
28
*24
24%
23Y4
Yb
42'%.
427ft
*100
102%
*100
103
43%
102
102
43%
*18%
183%
19
102%
100
44 %
7,000
18 Yb
102
*100
*18
300
18%
400
Green
No par
Green
(H
13% Sep
24
17 ft May 17
Greyhound
May 17
4ft%
10
Jan
5ft Mar
9
4
Corp
25% July 12
9
Jun
(The)
14
Dec
85
14 Ya
Feb
12% Nov
9
51*
Dec
44
Feb
10
58% Jun
16
5 7'ft
Apr
76 Yb
Dec
57% Feb
10
81
21
13'%
Dec
16%
Feb
7
•97
"
H
Jan
2
July 21
20% Jun. 23
Jun
18ft July
9
143/a
14% |
41
19Yb
19'%
100
*1353/4
100
**71
*34
34Y4
35
3%
6
'ft
3'%
6 'ft
6'ft
17
16%
*16Yb f
119,700
■-
800
17
200
*16%
17'%
28%
28%
28
28%
28
29'%
*29%
293%
1,300
24
24'ft
24
24'%
24'%
24 Y b
24 Y b
24%
1,400
91%
*90%
91'ft
*14%
14'ft
14%
*90;
xl2%
12%
,*33
36
91 'ft
*16%
*90%
12
•
*34
91'ft
10
12
12
12
•llYb
12%
700
36
*34
36
*34
36
91'ft
14 Yb
19 3/8
14%
14
14%
"14
14
14'%
14%
3,500
42
14%
1 42'ft
42a%
42
42%
42
42%
423%
441/2
'6,000
19%
19
19%
19
19'%
19%
19%
2,400
135Yb
136'ft
19%
136
136
136
*136
137
136
136
76
*71
76
*71
76
71
71
35
35
35
34%
35%
35 Yb
15%
14'ft
14%
*143%
136
137
*69
73
140
'
par
10Yb
1100
10
Gulf Mobile & Ohio RR com.No
par
$5 preferred
—No
par
Gulf States Utilities Co
3%
*6'%
16'ft
•
14%
*14%
:
'
*69
73
35 Yb
34 Yb
35'%
15
15
15
10
1,200
300
—
Corp
Corp
6'/a
36
*34
41
*90
-
Guantanamo Sugar common.,
1
$5 conv preferred
No par
Oil
'3
3%
12'ft
14 Yb
'
Gulf
"
63/b
90 Ya
12Yb
40 Ya
3
Aircraft
36
*90
*19%
Corp__No
preferred
Grumman
12 Y4
par
Co Inc
Common
Jun
90 Ya
3
6'ft
23Y4
No par
Bay & Western RR
9
13 ft
*90
*12'ft
*33
_1
com
3%
6 Ya
28
-
l
27
ft" 3
6 'ft
16%
u
Jan
98
3%
3
5
Prop
com
77
5
6%
6 %
100
40% Jun
9
3%
16%
.pfd—i.._No
& Die
■
17
"
No par
10
Greenfield Tap
*6
*16%
10
.
21
L)
3
1
No par
pfd
Western Sugar
preferred
Feb
100
;9%
-
HIGH SALE PRICES
Tuesday
•
Nov. 15
61'ft
new
Apr
2Q.
Monday
120%
common
Gt Northern Ry 6%
Nov
page
K Saturday
No par
preferred
conv
10
see
*
No par
com
Grayson-Robinson Stores
91
Sep
:
9%
503/4
120
No par
(W T)
Feb
For footnotes*
94
300
—10
(The)
City Steel—
8%
May
May
-
9%
50%
9%
50Y4
121 %
No par
29 ft Feb
3138 May
6 %
9%
50%
105
No par
50
Graham-Paige Motorsit
Granby Consol M S & P__
18
Dec
95
9%
50%
121 >/4
5
Gotham Hosiery
17 ft Nov
78
*90
94
*90
9%
50%
"■
105'ft
4% May
90'ft
92
*88%
9%
49
105
No par
preferred
Gt Northern Iron Ore
July
90%
92
9%
49
5,100
122
No par
Goodyear Tire & Rub
Great
9
27,8®0
39 %
105
No
com
com
15 ft May 21
92
38
38 Yb
*121
5 /
Inc..
(B F)
preferred
50% May 15
23ft Jun
1
Dec
37Yb
38Y4
128
*103
Telegraph Co__
11
14%
37 Yb
38%
121%
__l
19
70
37%
39
128
*126
105
com
com
36ft Feb
35'ft Aug
21% Mar
37Y4
38%
*88
'
preferred
12ft Jan
163%
37%
39
128
*102
Brewing Co
Sep
Oct
38
38%
*126
*121
No par
Feb
Dec
10
37 ft
38 Ya
121
10c
preferred
17
May
128
38
126
105
common
Goodrich Co
4
*126
37%
37%
126
,
121
1
Safety Razor
Brothers
Goodall-Sanford
105 ft Oct
800
*102
—5
$5 conv preference—
Glmbel
64 ft Oct
103ft Aug 11
50 ft Oct 23
20
121
_No par
preferred
24% May 17
26
20
700
20
105
—100
27 Ya Mar
59
19%
121
—10c
preferred
49 Yb
29Yb
19%
*100
:
Co
20
133
20
120
CO——1
:
34% May
Dec
19 Yb
30 Yi
i
,3
8 Yb Mar
12'ft May
23Y4 Dec
10
Aug
24
,
Nov
47 ft Mar 16
.•
3
.MarlO
July
61%
109
13 ft May
1
2
May 15
58
106
4ft%
Gillette
Nov
17% Feb
Refractories
Tire & Rubber
39ft May 21
89
Feb
Mar
Gen
3%%
Jan
124
20
*126
5,900
76%
Y/4
105
pfd—No par General Telephone Corp——20
Gen Time Instr Corp com
No par
4'ft % preferred:
100 ;
May 19
26%
i
19%
92
*121
13
Jan
'
Dec
95
ft Jan 23
15
Jun
30
Jun
99ft
Nov
101ft Oct
103
Dec
49
29ft May 18
30 ft May
6
98 ft Apr
Nov
Dec
23
20% Nov
Dec
Jun
11
132 ft Oct
Feb
81
104 ft
13
Apr
85
5% May
19%
61ft
General Shoe Corp
Gen Steel Castings$6
22 ft
19%
9%
100
12
51ft May
30
48%
No
31ft Jan
Dec
*75%
30 Yb
10
9ft
*74
120
—
15
Dec
76%
30'ft
48%
19
24% Nov
124 ft
10
93/a
*75'ft
,30
38
*88
No par
General
85
9Yb
,76%
*29'ft
'**9ft
Railway Signal com
6% preferred
Gen Realty & Utilities—
14
17% May
9 Ye
*74%
31
120%
Corp
Jan
90
9YB
76%
31
126
37%
No par
Equip Corp
Utilities
36%
23% May
9'ft
76%"
10
700
,
31.
9%
20
V
11
11
11%
19'ft
19 ft
*125
300
1,500
159
*100
Gen Public Service..——
30% Jun
6ft May 24
*11
11%
2,900
9Ya
9%
*157
159
*74
—10
Gen
May 18
11%
93/4
*157
*30%
9%
\'f: 37ft "37ft
;
9%
9%
159
100
•
47
102 Yb
76ft
Nov. 13
Cement
11
40ft
}
105
46'ft
*100 3-4
9%
*157
11%
*104
47'/4
102 Ya
30%
9%
76ft
*30
^
•
Advertising
22ft Feb
106
11
104%
46 3ft
♦IOD3/4
100
series——No par
Oct
Dec
11
No par
General'Portland
21% May.
11
1
com
Feb
95
11
9YB
103
47 y4
101%
47
101'ft
159
*157
LOW AND
Corp
25
4ft
47%
103
9YB
9%
11
No par
*■;
*100%
157
No par
preferred-
25 ft Oct
Apr
*9%
<
47
46%
101'ft
"
'$5
6%
19 ft
102'ft
45
101%
157
Par
13 ft Sep
31ft
-
*101'ft
45
102
9ft
158
No par
t per share
29 ft
Apr
'
i *157
,
50
STOCK
YORK
16ft Feb: 11
Dec
5
EXCHANGE
3% May
26%
45
*100ft
9%
No par
18 ft May
26
May
101ft
5
—100
Feb
Feb
400
17%
15%
preferred
Dec
140
31
18
15%
*30'ft
STOCKS
16ft
Oct
31
17 Ye
15'ft
preferred
Gen
May
31
18
15%
com
3%%
I'D
1
31
17 Yb
15%
100
5ft
17 ft' Jun
Dec
31
18%
15V4
No par
3
12 ft Mar 17
,
31
18
15
com
2
14
261.
31
18%
15
5
108
99%'Jun
20 ft
31
18'ft
14ft
common
"
Oct,,
125
Sep
31
17%
No par
128 ft Jun
NEW
6'/4
31
common,
10
*
*; 6 %
500
-100
25
Highest-
17
6'ft
6'ft
6%
4,200
b
17%
General Instrument Corp
conv
'ft
17 Y
14%
*30
No par /
General Mills
17
Dec
19
Mar
6
6 Ya
;;
1.66%
Co
H'19% 'Jan
13%
11%
Feb
129
*17
6ft
:—50
17
Jun
15
17 ft
6
.
6YB
18
com—1
Investors
25
Lowest
# per share
Jan
120ft
1
com
Oct
Range since Jan. 1
Highest
t per share
Inc
53
118% Feb
97
96
*14%
*17
\
No par
—;
13 ft Jun
13
Year 1947
•i
41'/4
Corp
$3.50 preferred
Range for Previous
Lowest
ni)
40%
Foods
Mar 13
1,400
4,500
40 ft
—
43
41
•
400
17
6'/4
40
preferred
31ft Mar 11
34
9
14
16 Y/4
6'ft
40
1~50
100
Feb
40 ft Feb
14
17'/4
10%
No par
Jan
10 ft
14%
10%
com
39%
43
1,900
10%
Corp.
45ft
■
41Y4
10%
preferred-—
2nd preferred
Dec
,
41 :,/4
10
General Cigar Co Inc
7%
800
Ya
10
—
May
8
10-%
10
Co
34 ft
Mar 19
10 Ya
10
Transportation
Cable
1st
conv
10%
5
;
2,900
*10%
com__
6%
7
*6 ft
*17 Ya
♦17%
6ft
7
6YB
17%
6ft
18'/a
Co
Baking
General
6Yb
6Yb
6Ya
*17%
General Bronze Corp
72 ft Sep
6 Ye
17%
6%
18
(The).
preferred
29 ft Nov
7
6%
7
6YB
6%
18
$4.25 pfd series A
$8
6%
-
6%
18 ft
$4.50 preferred —1
General
7
6%
* 17 ft
Industries
American
General
*6%
1
:—20
1
com
4ft % conv preferred
Gaylord Container Corp
Feb
Jan
Co
Gardner-Denver
47 ft
Dec
1
,—
(Robert)
preferred-.
conv
83 ft July
,
Inc
preferred
5%
1
14 ft May
(The)
Gamble-Skogmo Inc
May 12
lift July 13
159
Co
6%
30
63 ft May 15
106
Co
17Yb
6
*93
10'ft
10%
lOYb
91
91
91
18
18%
18%
17 Yb
18%
6'%
6'A
6%
6%
6%
95
'
13%
*48
*93 %
133/a
13'ft
49
48Yb
lOYb
*90
IOYb
92
IOYb
IOYb
*90
92
18
18
6%
6 3ft
95
IOYb
*90
IOYb
92
IOYb
*90
10%
92
21,800
30
18%
18%
18'ft
18 Yb
3,800
*6'%
6'ft
6%
6'%
2,900
*92 'ft
95
*93%
95
95
.
*93%
95
*93 %
14
13 Ya
14
13Yb
13Y4
13%
13Yb
13%
14 '/a
49
49Yb
49Yb
49%
493%
48'ft
49%
48
48 Ya
2,300
67Yb
x65 %
65%
65'%
65Y4
65Yb
66'ft
12,500
16Yb
xl6%
16%
16'ft
163%
.16'ft
16 Ya
7,200
—25
66%
66%
66'%
67'%
.—No par
16'ft
16'ft
16%
17
"67
•
16Yb
8,800
,22
THE
(2130)
COMMERCIAL v .&
NEW
Year 1947
Range since Jan. 1
Highest
$ per share
$ per share
, •
RECORD
Saturday
Nov. 13
.
$ per share
$ per share
STOCK
EXCHANGE
Highest
Lowest
Monday, November 22, 1948
CHRONICLE
,
Monday
N\iv. Li
' "
Thursday
Nov. 18
LOW AND HIGH SALE PRICES
STOCKS
NEW YORK STOCK
Range for Previous
Lowest
YORK
FINANCIAL
Par
'
$ per share
Sales for
the Week
Shares
Friday
Nov. IS)
$ per share
$ per share
$ per share
$ per share
.
Wednesday
Nov. 17
Tuesday
Nov. 16
■
$ per share
'
^
>
82Ml Deo
—
39
-
Jan
__
14
Jun
13
Dec
19
Dec
112
Feb
19% Feb
102%
Dec
19%
Apr
108y4 Sep
27% Dec
148%
Oct
160
28% May
6% May
75%
6
xlOlVa Feb
39%
24
Feb
Apr
May1
12
6% Feb
6% Feb
11
9%
Oct
35%
Jan
22
May
30%
Jan
90
Dec
103%
35
May
42%
X95
Dec
x20
10% Jun 11
ll%JunlO
Mar 10
,
78
Jan 27
91
Jun 25,
Feb
35% Apr, 13
42
Jan
9o%
July
23
oan
22% Nov
24
17
2
May 28
103
Oct
v/,.
Hecht Co common—
15
3%% preferred—£
-_100
Heinz (H J) Co common,*——%_25
3.65% preferred
100
Helme (G W) comihon new,.:—10
27% July 12
Apr
.' ■ ; -
'
.
\
'■
.,
-!1-'
*31*
18
*13'4
30
*21%
*83
*35
—
126
22%
29%
118
63
Feb
Mar
121
Sep
Sep
114
Jan
17
Dec
38
Oct.
20
Feb
134
Dec-
134
Sep
29%
*65
20%
10%
26
'
Jun
Jun
•
--
16
13
9
Oct
7
x9% Nov
3.7
Dec
28
2
28% May 20,
-
86% Jun 25
14% Jan
Juh
1
25% Jan
2
21VaFeb
5
29% May 20
Oct"' 5
16%'May 17
Mar
l
Jan
20%
Oct
If
25
Jan
15% Feb
3r
14
30%- Jun 28
29% Oct 25
25% Nov
12
35%
Jan
48
Jun
29% Nov
19
42% Feb
24
30
Nov
36
Dec
25
17
35% Jun
1
—
Nov
13% May
19%
Feb
18% Jun
9
44
Dec
56
Feb
32
Nov
18
46% Jan
14
28Mi Jan
•
.
,
36
Oct
27
Nov
10
34% Jan
94% Jun
2
85
•
Dec
-
11% Nov
17
105%
81
Oct- 19
Jun
38
Mar 12
Oct
25
28%
Dec
20% Feb
11
38% Jun
10
29
20% Dec,
31% May
Sep
45%
..
'37M» May
16% Jan
Feb
15% Oct
26
23
Jun
7
Howard Stores
33
31
47
Jun
9
Howe Sound Co—
3
Jan
7
May.
7% May
33
May
13% Mar
8% Sep
28
7
Mar
14% May
6
3
43Mi Feb
34% Jan
20
50
Nov
4
12% May
15% May
i
21%
Oct
13% Nov
9
22% Jun
14
30
Jan
11% Nov
19
7%
3% May
7%
,
3% Sep
Feb
—
29
19
14%'Jun 16
27
Lowest
Highest
$x
$ per
$ per share
share
30
May
39% Aug
32%
Dec
30Ve Apr 27
27% Mar 16
35% Jun
18V# May
•37% May.
64%
Dec
62% Feb
90
93
Jan
15
•
Jan
" 97
Aug
26%
7% May
*21
•
Dec
9% Feb
11
12% Jun
17
25% Jun-*9
10% Nov
18
15% Jan'28
39
10
50
Dec
Apr
'
Feb
42
Feb
59% Nov
—
180%
12% May
6% Sep
■
150
34% Mar 10
47% Nov
3
May
9% May
—
Dec
6
May
Feb
'
—
—
186%
—
11
'
-
19
8
Jan
155
1
Jan
74
Feb
9
Nov
93
3
Jun
»3V#Mar 16
5% May 20
24% Mar 16
34% Oct 23
139% July 2
Jan
2
59%
Oct
42% Mar 17
107V#
Sep
86
Dec
9
May
16
Dec
116
Feb
7 '
64% Jun
28
99
19
14
May 2Q
Feb
69% Nov
18
46% Apr
58%
Feb
52% Jan
24
64
Jun
3
37%
45
Dec
39% Mar 16
45
Jan
12
65% July 12
35
Mar 31
Jan
40% May
63% Oct
43
Mar 12-
32
40
Feb
30
Mar'
17%
Feb
17%
Feb
Jun
9% May
.9% May
19
Apr
20
'May
6%
Jun
19%
Dec
80%
Dec
39%May
.89
37
108%
Dec
26V# May 37
27%
22% Mar
1
35% Jun
Feb
104%
Sep
Oct
Oct
Dec
27% May.
86% Dec
Jan
151
39
3
14.
39% May 20
145
10
48
89% Oct 27
33% Sep 20
100% Feb 11
99
May 28
20% Feb
19
113% Jun
9
35
Oct" 28
99 Va Oct
28
106
May21
158
Jun
145
Jan
29
Feb
29% Mar 16
101%
Feb
83MiFeb
6
40%
Oct
30% Nov
3
Jun
94
Dec
22%
Feb
13% Nov 18
21
16
May
47% May
29%
Dec
58% July
18
Nov
Nov
23% Feb
9
11
98
43
-
May 11
Oct
?2
48% Mar 12
60% Jun 22
14% Mar 17
18
13% May
20% May
26%^
20% Feb 20
26'/# July 13
13%
21%
16% Nov 10
22% July 12
Jan
Oct
For footnotes see page 28.
May 22
Manufacturing Co_»
'
K
16%
93
2
14%
:
' '
Kalamazoo Stove & Furniture
'
10
3%
30%
55%
98
93
93
1%
14%
1?#
14%
1%
14%
62%
1%
14Mi
146
:
2
14%
148%
146
5%
25%
*73
3%
31
5%
148
149
31%
*138% 138
54%
97%
3%
31%
56%
34
*32%
34
7% '
*32%
93
7%
71
*56
7%
71 *
59%
72
59%
'
,
40V#
10V8
lo1/#
10%
26%
26%
26%'"-26%
30%
6*
*19%
30%
32
*138
143
-6%
6
20
*86
*45%
20
20%
86
86
86
*44%
46
46
46
*90%
36%
'913'4
*155
32
32%
32%
*84
86
31%
31%
'
.'
-
31%
1
155
xl47
148
5%
26
*73
3%
,
80
3%
x30%
31%
*137% 138
53%
7%
69%
59%
*56
950
2,500
5,000
.
4,300
19,100
180
25,800
300
,7V#.
70
59%
7
70
59%
40
4,800
90
100
2,100
1,000
40%
55%
34
9%
9%
*21
,
21%
210
1,800
9,100
19,700
*137%. 138
52%
53%
*92 ■
95%
'95%
'
2,400
28%
-167%
5%
5%
26%
27%
*73
80
*3%
3%
30%
31 Mi
167
5%
27
7V#
69%
4,100
■
147
27%
28%
28V#
*32%
10
9%
9% '
10
21%
27
33%
33
6
*138
6
6
45%
45%
91%
91%
*20%
85
38%
39
*107V8 108
*31
81%
101%
*155'/4 160
'32% 32%
*100
33%
32%
33'%
86%
*85%
86%
*85%
32%
32'%
21%
*26%
143
32%
32
1%
14%
-
*84'%
32%
2—
"11,500
3,000
94
1%
14%
•
.34
33
'
2.100
2,400
«
*32%
46
155
*92%
1%
14%
34
21
31%
2,200
100
15%
95%
1,000
15,400
: 901)
30
1,000
2,200
1,4JO
7%
14%
55%
86
101%
*7%
40
20%
160
,
7'%
15%.
55
86
*155
38
*7%
*15'
*93
1%
14%
40
*138
<
'
...
21%
21%
*10
10%
42
42%
61V#
6134
*153
158
38%
38%
18
18'%
40
*26%
6%
.
.
56
20%
*100
32
Shares
■
52%
86%
31%
101%
31%
Sales for
the Week
32%
31%
85%
98
27
27%
10%
55%
10
32 V4
*100
*106'%
91%
3^%
'30%
85%
' *96
26
27%
10
21% 21%
10%
10V#
x41% 42%
61
62
*153
158
38% 39%
17%
18
*92
*21
143
110
37
109
101%
160
10V#
91
'91 •
38
38%
*107'4 112
*90%
37%
>31
'
.
;
Nov. I!)
*32%
934
.
21
"6
5,100
11.300
700
4,700
'
700
$ per share
40
56%
34
21
*138
5%
?6Vi
80
3%
54
10%
30
'
-
Friday
'
167Mi. 168%
x53%
21
*25%
28%
169
x93
10V4
143
11%
2%
13.
10,400
1,700
47%
14%
11%
2%
13
r
-32% 32%
30
• 30%
*85 - '85%
96
96
*29% 26'%
27 V# 27 Mi
10
10
147'%
149
?1%
31%
*137'/# 138
1
21
10%
2
14%.
95
10%
10
94
56%
21%
*19%
,
*73
3%
80
7%
56%
-
5%
26
137%
*55%
7%
167
5%
137%
56V#
95
56%
*94'%
27%
.
27%
*73
3%
31%
'
3%
80
*83
"
5%
26%
27
55%
*100
v
94%
40
*
;
.
15%.. 16%
*56
86%
32%
45
9%
9%
21%
32%
32'%
9%
9%
-
55,400
900
.-
400
27
200
1,400
34
34
34
145
*138
145
'6
21%
5%
*20%
*84'%
447%
- 92
38%
*108
31%
100
*155'4
32%
35
86
36%
-13%
32%
86'%
100
700
60
100
13,500
100
7,300
13%
700
*89
160
5%
' '21%
86
44%
92
86
35%
85
45
92
38%
108% 108%
*31'
31%
*100
101 Va
*85
-
27
27
*903i
38%
*155
55%
91
42%
55
15
25
17%
•
39%
111
31%
101
160
33'%
2.^0
400
40
'400
50
7;400
■
13%
14
14
14
14
*13%
13%
*89
91
*89
91
*89
91
*89
38%..
*53
40
56
39%
*53'%
15%
91
40%
56
15%
25%
*54
15
25
17
*17
13%
13%
Kelsey Hayes Wheel conv class A-1
class B—
1
25%
*16%
25%
56
17
13%
15%
*25
17
15%
25%
17
*25
*17
41
56
"15%
25%
17%
39%
*54
15%
*25
17
f
>
•
.
15%
—
.
l£%
41
*105
■
16
60
30
'
14'%
.12
2%.
13 Ve
$ per share
*10
•
72
*138
5Mi
10%
10
46%
14
Nov. 18
■
30%
85%
96%
26%
27%
10
16%
72
*56
40%
38%
& "Co
'
.-.
60
'40%
lOVs
5%
5%
10%
2,700
900
1,000
120
900
6,100
200
1.100
-
42%
42%
Thursday
32%
16%
*7%
*71
7%
72
*16
600
7,800
1,600
•
•,
21%
10Va
43%
43-%
61
63
*153
158
38% , 39%.
17%
17%
*7%.
7%
27%
5%
*45
29%
•
10%
43Va
44%
C2%
63%
*153
158
39%'
39.%
17%
17%
*7%
7%
*10
165%
15%
preferred
21%
10%
41%
42
61 Va
62%
*153
158
38%
37%
17
17%
*7'%
7%
*21%
*9%
27%
38%
*53%
(Julius)
32%
32%
32%
30% .-30%.
30
8585
*84Va
96
96
96%
23%
27% •:
26
27
.-27% f. ■ 27%
^9% ;/10%
9%
21%
21%
21%
165%
100
non-cum
32%
30%
85
98
26%
27'a
10
27%
5%
•
32
4
12
2%
*12%
27%
30%
28%
*84
2,300
100
1,700
•
•
166%
*32%
5Vb
10Mi
13
-
21
27 Ve.
29%
16%
42%
46%
14V#
5%
46%
14%12
2%
$ per share
$ per share
*25%
,
%
.
10
46%
14%
12
2%
13
Wednesday
Nov. 17
165%
10
-
5V»
9%
•
.
' .27%
--—5
4 V/-
Kayser
13
27%
.
preferred
100
Kansas City Southern com—No par
5'%
10%
165%
Kansas City.Powef & Lt Co-*3.80%
5
>92%
146
10%
1
-
.42
*21
5<% preferred series A—_'__100
Joy
43
40%
x
100
100
Jones & LaugHlin Steel com—No par
1
May 20
2nd preferred series A.-
*16
55%
100
Joliet & Chicago RR stamped
16
%
x89
A%
ii
.
preferred
Johnsons Johnson common/—12%
,
397/#Oct23
'93'% Apr
43% Jun
^
108% Mar
3%%
39%
17%
8
72
*56
1'
Jewel Tea Co Inc com—No par
3%'% -preferred-a
—100
Johns; Manville Corp com—No par
May 11
42% Jun 11
158
138
'
Jacobs (F L) Co
—„—1
Jaeger Machine Co
—No par
Jersey Cent Pwr & Lt 4% pfd__ 100
14
9%
21
80
50c
L
$6 preferred
May 27
23% Jun
'•
14
Island Creek Coal common
May 25,
92% Jan 30
18
Jan
Dec
10
May 15
39% Feb
34% July
112
9
19% Nov
82
Jan
46%
Sep
5% Nov
24% July
53
Nov
137V# Jan 16.
104Va Feb
125'/#
Dec
25Va
13%
29
—
Aug
Dec
24%
145
158
Oct
26
*27
*137%
International Silver common—_25
V/a' preferred—,
25
International Telep'&Teleg—No par1
Foreign share ctfs
.—No par
Interstate Dept Stores——No par
Iritertype Corp — U-uN9 par'
16% Jun 24
9
32%
29%
*83%
*96
*73
3%
30%
International Shoe————No par
16%JUn24.
17% Mar
Jun
98
la
9% Nov 18
26% Feb
,
143% Jan
9% Nov
4
107% Jan 29
16
Tuesday
Nov. 16
,
Nov. 15
27 Mi
9%
*7%
11%
32 :'i
28%
85
46
29%
16%.
•
27
Int'l Rys of Cent Amer com-No par
5% preferred
100
international. Salti
Nopar:
11%
*84
45
28%
-
$ per share
26%
54%
11%
32%
28%
85
45%
29'%
32
25
*11%
2,000
200
900
-
LOW AND HIGH SALE PRICES
33
29%
85
98
*94
11%
84
45%
29%
:■&'!
Monday
.
26%
-No par
26
'*45'
28%.
16
27
-
26
'45.%
30%
*12%
i
-
:
5%
25%
*28%
10%
1,200
6,300
20
1,400
250
1,100
2,200
'
25'%
11%
33'
28%
46%
46%
14%
14%
12
12
2%' '• 2'/#
1,200
160
„
14%
25%
12%
21%
11%
*31
28'%
165
,.——100
-
.3
%
: '.
,
*:)%
10%
40% ' 40% f,
59%
60
146
———100
$4 preferred
July 22
Nov
-
12
2%
13
12%
.
.
2
14V#
International Paper Co com——15 '
1
Feb
;
14'%
12
2%
S3
r__
Preferred
14%
I6V0
.
Int'l Hydro-Electric Sys class A—25
Int'l Minerals & Chemical com___5.
4% preferred
—
,.-100
International Mining Corp
1
Int'l Nickel of Canada com-No par
9
Feb
-No par
preferred-
1r/c
'9% Jun 24
38% Jun'
36%- Feb
104
.
Interlake Iron.
11
5Va
10%
44
122%
27%
117
18%
'18%
.
400
190
«
.
.14%
12
33
28%
83
*42
1
13%
14%
25%
11%
21%
27%
31%
31%
25%
43
35
,'.
—-
-
23% '
35
*
14
44%
122%
27%
117
,18%
18%
23'
.1
1,100
14
24%
11%
*20%
*26%
30%
31%
25
*42
22%
'85%
35%
97%
10
32%
31%
25%
16'%
60
500
4,900
-5,900
80
14%
24%
13%
21
27
.
22%
*83
35%
*97
;
—
8
8%
20%
10
*30%
24%
*12
20%
27
84
.
20%
-
800
6
65
*78%
13%
21%
27%
'.. *16
■
46Ve
14%
9%
*16%
*7%
Int'l Harvester common—No par
96
'94%
.
Int'l Business Machine—No par
174% Jun
v
.
103
4%
9%
45Vs
4%
•
'.j.1 '■
*153
39
30
45
'
x34% Jun' 11
135
42%
'
'
1
*
18
76
38% May
1
27
9
Dec
42.%
21
Interehemical Corp common—5
4Va% preferred—
—100
Intercontinental Rubber——Nopar
10
Oct
11
137
42
*32%
29%
82
*96
26%
27%
*9%
,
Insuranshares Ctfs Inc——1
.
26% Sep
5% Nov
5%
-
125% Feb
23% Feb
Dec
24''
•
23% May 15
16% May 24
Oct
Dec
16%
'
Inspiration Consol Copper—20
11
10%'Feb
16%
.-
1
11% Feb
160
WA
$ per share
-100
-—No par
3% May 18
34%
3Mi
8% May
.
82%"
'45%
*82
45%
29%
45%
•
—
—-
28%
'
*
10
31%
45%
29%
12
35
28%
*5%
*64
8
8%
79Va
10
31%*
31%
25%
?
t
20%.
*78
11%
33
*28Va.
82Va
r
26
29'%
;
12
22% May
25% Dec
130% July
.
13%
24
*12
21
*26%
31%
11%
*33
11%
35
28Va
82%
•
>
■
23%
12%
20%
26%
26
31%
*25Va
25Va.
Nov. 1.3
1% Nov
—
Jun
160
11
92Va Nov 17
15% July
—
163
7
preferred
Inland-Steel Co_
1
10
6% Feb
Mar
12%
23%
*12%
20%
*11%
12'%
2%
2%
n2%; 13
common.—No par
6%
21% May 27
•
•
9%
31%
50
1,400
23%
23%
*147
152
24
24
22%
22%
*83
85%'
*35% 35%
*97
97%
22%
22%
*34%
35 »
13%
13%
44
44%
*122% 124Va
27Va
27%
117% 118
*18
18%
18%
18 Va
79%
x9%
*30%
*13%
4%/
*8%
Par
Rayon
Ingersoll-Rand
11
25
8%. Feb
-108
Industrial
3
Jun
76% Jun
Jun
.
100Mi Dec
3
15 V# Feb
Oct
17% Nov
■
56
13
Feb
14% Nov
,
May 26
20% Feb
—
'
30
-7
11% Dec
Dec
33
37'% July 12
n
"17
*85% May169
97% May 17
22
»
-30%,.Jan
July
'
-12%'Jan
•
July 13
95% Mar 16
'26-/4
—
*78
10
31%
13%
24
44%14%
Idaho Power Co—.
-20
Illinois Central RR Co common. 100
6% non-cum conv pfd ser A-100
Leased' lines'. 4%
L-i
—1100
RR stock ctfs series A
-1000
Illinois Power Co
—Nopar
Illinois Terminal RR Co—5
Indianapolis Power & Light—No par
Industria Electrica De Mex, S A—_
24
42% July 14
11
24% Jan
Dec
—
79%
800
400
*79%
82
103% 103%
8
8%
20%
14%
13%
14%
*13
65
8
8%
-43%- 44%
*122% 124Ms'
67% 27%
116
117
'17% 17%
18%
18%
10
*30%
42
I
■ ;
:
'
*
23
23%
*147
152
24
24
,*5%
6
14%,
*78
Sathi'day
•
44%
* 122%
1
17
..29%
.
"
.
14 Mi
44%
124Va
27%
118
17
19%
10
30%
13 '
<
$TOCK
EXCHANGE
35
10
30%
17
*16%
STOCKS
23%
35
28
10
30%
*82.
*44%'
:
J—_5
NEW YORK
Highest
Lowest
per share
;:■■■■
'
'
^
Range since Jan. 1
97%
.
82
*103% 104
22%
85%
36
97
22%
35
19%
-.
-
Y'earl«)47
*14%
*22%
*83
36
97
22%
*34Ms
13%
79%
28Va
.'
Range for Previous
per share
8
May 17 1
Apr
5
2% Nov .10
12% Sep
—
"«
'
t
—
Feb
22%
85%
36
\
32%
1912,000
*31'/a
18%
■
*80
*8
8%
8%.
8%
20% 21%
19%
11%
*33
t
——1
Corp
21%
18%
14%
137/#
/
,
32%
18%
14%
13%
65
*78%
25 Yb
Hudson & Manhattan common—100
5% non-cum preferred—ii—-100
Hudson Bay Min & Sm Ltd—No par
Hudson MotorCar———.—Nopar
Hunt Foods Inc_
—6.66%
Hupp Corp;
——.,—~1
Hussman Refrigerator,Co—No par
38% Mar
49
20%
*22%
*83
*35
97
*31 '/#
65
12% 12%
23%
23%
*12
12%
20
.20
25%, 25%
*31%
32
.
Houdaille-Hersliey com
—Nopar
$2.25 conv preferred!-——-—50
Household Finance conu
—Nopar
3% % preferred
—100
Houston Light & Power———No par
Houston Oil of Texas v.t'C-.J—25
'
20%
*64
>
/
.
,
*31% 33
18
18%
14% 14%
13%
13%
*79% 82
103% 104
23
23%
*147
150
*24
24%
*5%
6
27%
116%
17
Xl9%
*9%
*30
5
Hinde & DaUch Paper Co——10
Hires Co (C E) The_——i——1
Holland Furnace CO——5
Hollander (A) & Sons—i—.r—5
Holly Sugar Corp—
•10
5% conv preferred——
30
Homestake
Mining—-.
12.50
Hooker Electrochemical Co__
-5
Hilton Hotels Corp
2
12% Nov 13
31 Mi
*
—
27% Jan
Deo
33
2
9-
*14Va "14%
44% 44%
123% 123V2
27% 27%
115% 115%
23
preferred hew—25 *34%
35
Motors-*.
——Nopar
14%
14%
Hercules Powder common
Nopar ;
44%
.44Mi
5% preferred
s—--100
*121% 123
Hershey Chocolate com^
Nppar 1 •
27% 27%
$4 conv preference—'—No par
115% 115%
Hewitt-Robins IncJ——
5 »
17
17
Heyden Chemical Corp—1 ;
19V2
19 Va
3%% cum preferred
—100
*78
79%
30% Apr 10
123%'July 27
Mar 22
Nov
78
.229%-.Nov
21% May1
-14% May
17
May
128% Feb
18% Mar
—
14%
22% Apr
;
2l
25% Oct
—
/
—
Feb
.
22%
85%
36%
97%
*23
' 23%
*34%
35
'98%
23
:
,8%
(
22%
*83
*35
97%
non-cu'm
1%
65
*8
8%
Hercules
22 V*.May 21
57%"Apr
6
43% Nov 10
--
—
$5% Oct.'29'
35
NOV "1
'13 Mr'Nov-10
—
14% May
50% Sep
82 (
•
*103% 104
22%
22%
*147
150
24
24%
*&%•
6
'
—
*3114
33
18
18%
13%
14
*13
13%
*79%
82
*103% 104
22%
23%
*147
150
*24
24%
*5%
6
64%
65
8
8%
8%
8%
13% '
13%
*78
22%
85%
36%
*97%
v:
:' '
33 v
18%
*13
<
,
5
26'/a Jan
20% Oct'28
—■
,—.
*7%'Jun ' 4
Jan
5
79
11
4% May
25
Dec
—'
150% Jan 28
34% May 15
574 Sep 21
64% Nov 16
Feb
108
107
Jun 16
27%'Jun
9.
146% July 30
23% Nov 10
Jan
10%
lo
re % May 22.
xi4y# May21
89
Jan 12
10
21% Feb
Jan
100%
Dec
22V4 toe'p
y
12% Nov lo
1274 nov 10
79
Mar22
"
H
Haclcensack Water
•
—-—25
*31 •
33
Halliounon Oil Well Cementing—5
17%
17%
Hall (W F> Printing Co—*' *13%' 14,
Hamilton Watch Co com—No par
*13
13%
4% conv preferred—2—2.-Ji—100
*78
82
Hanna (M A) Co $4.25 pfd—No par
*103% 104
Harbison-Walk Refrac com—No par.
*22%
23%
6% preferred —i
—
—100 : *147
150
Hart Schaffner & Marx—10
*23%
24%
Hat Corp-of Amer class' A——
1
*5%
6
4%% preferred
——100
*60
65
Hayes Industries Inc
1
*8
8%
Hayes Mfg Ooi;p
i
,—2
8%
8%
Hazel-Atlas Glass Co
—5 20% .20%
3514001 15
10
15% Nov
Jan
87%
Feb
31
_
*89
40%
91
41
56
15%
25
17%
,
"
40%
*54
14%
*24 %
*17
11,700
3,100
600
300
.
Volume 168
COMMERCIAL
THE
Number 4753
YORK
NEW
Year 1947
$ per share
41'A May
52 ft
116%
13
607a Oct
12
51
19
Feb
11
24
Feb
92
Oct
27
20
Feb
lift Feb
19
65ft
85
Jan
63
38 ft
Oct
25
May
'90
Dec
'
34
11
89
Nov
9
32
Feb
Jan
13
Jun
59
Feb
45-ft Feb
16
5872 July
40 Vi
Apr
52%
Oct
4u% Nov
12
49
4% Feb
11
7
Feb
Dec
14
Jan
Dec
44
Jan
May
14
'
9
20%
16
57a Nov
18
17
Oct
56
557a
56%
557a
56%
56
7a
57%
57 74
58 74
42%
4274
42 ft
42%
42%
427<
43
1374
14
13%
137a
137a
4274
13%
427a
14
137a
20 7
137a
207a
20%
21
2174
207a
21
1,900
2,000
21
217a
217a
217a
22
5,300
96
97
98
98
98
977a
99
240
Corp com—No par
2nd preferred
—100
*94
96
99
*97 ft
99
m%
13
*11%
13%
*11%
13
*11 ft
13
*11 ft
*66%
67
*66%
67
*6674
67
*66%
67
3174
*90 ft
Kress
<G
Co
R)
common
56
21'A May
297a May
56%
Jun
May
Feb
'25y8 Aug 12
49ft
38
Feb
Feb
35
Mar 19
47
Feb
27
2674 May 28
Sep
14
Feb
11
Oct
42
Feb
23
101
Apr
95
-12ft
*eb
10
30ft Jun
4ft May
1% May
44ft
Jan
30% Mar
87A
Feb
3%
Feb
Dec
-
Lees
Jun 16
*57n
67a
5%
5%
6
*5%
674
500
18 ft
18 Va
18 74
18 ft
1874
18%
18%
19
18ft
1874
11%
11
1,300
No par
50
*1078
11
11%
11%
1074
11
11
11
*1074
*42 74
45
1
*26 ft
-5
35%
Tire—
& Sons Co
*42 74
44 ft
26%
23 ft
11
10%
35
3574
35 ft
50
12
Nov
15
2674 July 12
50c
2nd
pfd
Lehman
May 20
Lehn & Fink Products—
Stores
Lerner
14
50
4874
23
43
<
*9%
974
No par
207a
20 ft
46 7<
12
Libbey Owens Ford Glass—No par
Libby
McNeill
&
Libby—
7
4674
1074 Apr
874
2
Life
34 Va
34 74
Jan
82
91
Jan
8
Liggett & Myers Tobacco com—-25
74
Oct
16
33
Nov
13
874 Nov
9
Mar 12
1
,
17474 Mar 30;
47
May 14
13% Jun
Savers
7. ft'
Corp—.—•——-5
preferred
May
Lima-Hamilton
Corp
557» Mar 16
7074 May 24*
Link
Belt
Dec
2874 Feb
11
5'5 74 Jun 11
Lion
Oil
Jan
1574 Nov
15
2374 Jan
10
85
x69
Nov
1,1374 Jan
Feb
2
"147a Nov
Jun
20 74
28
577a Feb
14.
2474 Jun
13.-
■
9
11
6874 Jun
Loew's
May 21'
Oct
xl8
Nov
9
18
Feb
19
Jan
138
Nov
3
"Jun
22
23
,Nov
10
25
Nov
4
Louisville
387a Mar 16
50
May 15
Lousville
FCb
29%
Oct
20
Feb
101% Aug
26% Oct
13% May
Lorillard
7
53_
Dec
■1074
36 ft
367a
92
Mar 17
987a July 14
17
Nov
24 72 Jan
7ft
11
5
8
*45
"11
'
2,300
*22 74
23
8%
4674
45 %
*9%
47
10%
974
22
2174
4874
48
47
900
—
23
*8
22
8
46
22
45%
*9%
9ft
22
•
4874
48
8%
300
45%
45
4,100
974
500
22
22 74
2,600
48
9ft
22
7a
700
23
8%
4574
974
V4
200
23
8
48%
487a
5,200
874
8%
74
8%
8ft
87a
8ft
874
8ft
874
7,100
3474
3474
34%
3474
347a
84 Va
3474
3474
*33%
34 74
87
87%
8774
8774
88
88
87
8774
8774
877a
168
170
*36
38
*16674
.
'
*167
337a
60
35
35
9ft
*59
,
169
337a
.974
9%
8
170
974
5974
60
9%
5974
974
X
41ft
42 74
1574
16 ft
16 ft
72
70
70
69 74
1774
18
14%
15
6174
6174
62
62 74
1974
2074
20
20
2074
2074
20%
974
377a
*
270
38
97a
,
800
974
10,400
;
59 ft
59 ft
60
59
59
1,200
40 va
4174
4074
4074
3,700
16%
16%
16%
1674
177a
2,900
70
70
70
70
70 ft
17
17 74
15ft'
62 74
63 ft
2074
21
2074
'
3674
9ft
•
42
1474
.
3674
9%
1,000
1,800
''
172
70
717a
*
'
1774
*171
167a
17%
14%
170
59 V*
*41-,8
16 74
1774
170
'
4174
41
14 ft
par
75
23
23 ft
*70
,
20%
20 74
17
177a
1474
15ft
63 7a
64
20
21
177a
1774
1574
"
1574
1774
15ft
%
6374
6374
19%
19%
*1974
20 ft
2074
2074
63
500
18
1574
1
8,600
'•
18,200
65
2,800
'
(Md)
(P); Co
A__No par
j
10
common
,
-y———. 100
preferred
.7*145
Gas,& Elec Co (Ky) No par
&
Nashville50
*145
14774
20 ft
*145
147 74
147 ft
*23 7a
2374
2374
2374
40 7a
407a
40
4074
40
23%
24
2474
2474
2574
*917a
93
92
92
1874
19
18 7a
1874
*23 7a
24
7
.
2074
*145
4074
2374
(M) & Sons Inc com__1
4.747'o pfd ^series A————
100
Lukens Steel Co——.——
10
8
7a
41
Lowenstein
35% May 15.
170
*45
50
*1574
;
—No par
£orp__No
Cement
15' ,-Long Bell Lumber
307/a July
21% Sep
158
—No par
__y—
Star
Lone
4;
Inc
Jan
*58
Co.———.--No par
Co
28%
172
1074
36 74
45 74
22
4674
j
33
974
Liquid Carbonic Corp com—No par
3 ft ft
conv
preferred—.—y_ 100
Lockheed Aircraft Corp——
..1
79%
May
33
5
—
Dec
21ft
Dec
*16674
Lily Tulip Cup Corp—„—No par
10
30ft
12% May
17% Apr '
137ft Dec
86
.————.—100
35ft
..
10%
3674
8
9%
21
867a
157
Feb
11
23 7a
45
*9 74
874
3872 Jan
Feb
700
95
1074
*45
8
4378
43
—5
Corp
,.
237*
*774
8%
5674 Jun
Feb
2374
*91
11
36%
•
50
23 7a
*7%
_1
May 15
Corp
*45
9
27
237a
95
10%
*23
No par
(The)__
non-cum
10
20
2374
*91
230
2,300
3172 Mar 16
109%
23%
95
600
4,500
Cement-
Portland
191%. July
"
24
*91
1,000
38 74
374
874 Nov
10% May
*23
95
43
277a
574
457t Nov
63
23%
.
377a
2674 Jun
Apr '
24'A Aug
38
3
20
-19 ft May
78 ft Dec
27 74
3774
5ft
16 74 Feb
Oct
43
27
37
2774
3774
2774
*36
*91
700
3674
Nov
y
Aug
44
277a
37 ft
2774
11
5%
Feb
"12%
23 74
95
5%
374
25
X48
44
5%
23 74
11
2374
6
277a
95
*91
574
377a
.
11
;
45
574
36 ft
May "
;
27
5ft
5 7a
30
Dec
*42 74
43
27
*91
cumulative preferred—100
Co_—10
574
3ft
Sep
47
*36
57a
5%
12
'
43
27
357a
5%
6
3%
56 ;
Dec
5 ft
*574
*23
3
com
5 7a
6
5 74
25
17 ft
74
18 7a
3 7a
41% Feb
93
8,600
5 7a
6
574
Feb
39ft
5%
1,600
3%
Jan
58 ft
1,300
36 7a
574
50%
Dec
1,000
43%
3 7a
24
'18%
56
43%
35%
3%
Dec
10
5574
43 ft
36 ft
574
May
33'A May
55 ft
42%
36 ft
3%
10ft
96%
55
42%
367a
X36
574
38 ft
May
54 7a
41%
37%
3%
107a May 12
78
54 ft
41%
37%
5
19
169
54
417a
3 7a
19% Mar 30
Oct
53 74
41ft
5
5% Jan
45
Feb
53
417a
25
Feb
Apr
37%
52%
42%
Lehigh
Feb
59ft
37
52%
Lehigh Valley RR——_——50
Lehigh Valley Coal com—.—1
Non-cumulative
preferred——50
$3 non-cum 1st preferred—No par
9%
40%
36%
20
35ft Mar
11
4,400
•
24
4% July 12
25%
May
10
92
87i Jun
2
May
8
32
38% Oct
17a Jan
5%. Jun
29'A Mar '
3174
*90 7a
92
35
14 ft
17
31 ft
*90 7a
9
35 ft Mar
46% May
31ft
92
18 7a
&
(James)
3.857c
32
"36%
Lehigh Coal & Navigation
13 7» May 22
32 ft
92
66%
Mar 16
4ft
I
99
Rubber
Lee
32 7i
*90
.
*65 7a
4
Co
Co_——.
Lane-Wells
6
May 18
32%
92
66 %
13
*52%
.
67e
Co
Bryant common
472 7c preferred ——,
5374 May 17
32%
*90
66%
ft
,
Light
Lane
14 7a May 15
1
9-ft May
95
,
30%
9% Mar 12
92
*11
pfd—75 .fesos Mex
(The) t—.—No par
Gas
Lambert
32 74
13
*41 ft
& Co——/i———No par
(The) „————--No par
Consolid
La
*32
*90
Co—,.1—r,———10
(S S)
(S H)
Laclede
Mar 24
"ft
a
1
conv
Kroger Co
5
Apr
24
20,400
53%
Kresge
8
4
12
20
Sliqres
14
'■
preferred
No par
Koppers Co Inc coihmon—10
4 7e
preferred _i.———100
22
674 Oct
the Week
J per share
42
L
4% May
for
Sales
Nov. 19
f per share
137/a
$5 prior
3
Occ
Friday
Nov. 18
t per share
$ per share
41%
47c
»
397a Jun
45
Thursday
Nov. 17
53 7a
Kinney
37% Oct 23
1
f per share
PRICES
Wednesday
137a
Copper.
County
Kimberly-Clark
2
95 ft .»"i>
bj 7a
HIGH 8ALK
Nov. 10
41%
Kern
May 24
75
I per share
AND
Tuesday
Nov. 15
—No par
Land Co——_
5
Kennecott
20
1043A July 14
14ft Jun
2
8
29% Feb
102ft Aug
40.: Oct
Jan'
Mar
Apr
163/a Oct
23
Keystone Steel & Wire Co new No par
20
10
11% May
Jun
Monday
Nov. 13
Par
23
% Nov
Feb
Dec
103
42% Feb
13 ft Nov
27%
Saturday
(2131)
RECORD
.
$ per share
$ per share
Jan
Dec
STOCK
EXCHANGE
Lowest
41
2174
CHRONICLE
LOW
STOCK
YORK
NEW
Range since Jan. 1
Highest
Highest
t per share
FINANCIAL
STOCKS
Range for Previous
Lowest
&
2074
2,400
21
5,100
1477a
*146
149
*146
24%
24
24
*23
7a
24 ft
200
40
*23 ft
40
407a
39%
407a
8,600
2474
2474
2474
25
9274
*9174
92 ft
50
18%
*187a
18%
900
3774
*36%
3974
'24
24
92 7a
9274
18 7a
18 ft
149
*
*91
93
*17 74
18
-
ft
*91
-•
.
4,700
'
18 7a
M
34
Mar
134
Nov
36
-Jan
.--Apr
129
Oct
14
19
May
9974
Nov
152
1474 Nov
30 ft
A'41
^
Dec
4PA
11% May
16% Apr
10%
9%
18
103 7a Jun
4
157a Apr 12
2474 May 20.
9 74 Feb
Jan
520
32%
11
Oct
525
874 Mar 16
Feb
1874 Nov
574 Feb
Feb
1874 Mar 18
26
8 7a
Feb
May
16 7»
Dec
34%
Feb
10
Dec
674 Feb
15
111% July
May
34
Feb
94
Jan
Nov
Mandel
7
22
Manhattan
8
15
St
9
74 f/tt
4
74 Apr
16
1974 Jan
16
11
74 July 9
2774 May 20
Master
85
Dec
82
Dec
42
19
Nov
10
27 74 Feb
11
45
19
176
Jan
166
Oct
.
Oct
Jan
47% Apr
93
Jun
3
84
Aug
Feb
(Glenn
7
r,'o
Dept
6
93
Jun
18
777a Aug 13
97a Feb 11
85
Jan
13
$3.40
Maytag
Jan
38
127a May 15
4374 Jan 21
113
35% May
Jan
487a
110
Apr 16
2374 Nov 15
Jan
112
Year
$ per share
24
s
May
82
Jan
Mar
$3
12
24
May
46
Dec
30 7a
87
May
Dec
„
177a May
217a Dec-
S per share
tper share
■"
Co
1st
$6
McCall
88
Jan
5
10172 Jun
29
Nov
10
42% Jan
15
32
Feb
■
Feb
11
3672 May 21
2374 Mar 17
56%
Feb
4174 Nov
Jan
30
Sep
20
Feb
87
Jan
5
31
18
44
•
•
52ft May
987a Jun
2
18% Feb
11
247a Jun
9
18 ft Nov
12
24% Jan
12
10
16 7a
May
23 7a
Oct
167a Nov
Jun
105 7a
Feb
8074 Mar 24
967a Jun
Dec
2372 May 25
8
Feb
367a Feb
27
46ft May 28
257s
Jan
2074 Feb
16
25
May
16
50
May
20
2478
Jan
137a Nov
Jan
2
372 %
Mclntyre
*,
Mead
4%
Co
Mengel
11874 Nov
5
437a May
65%
Jan
447a Feb
11
47 ft
Jan
36
Mar 10
Nov
92
10
101% Nov
12% May
33
Apr
29% May
•1367a
Jun
1078 May
x.
6% May
477a May
84 7a Dec
187a Mar
487a
457i
156
Dec
Nov
Mar
157a
14%
667a
Nov
13
Feb
11
3874 Feb
35
11
Mar 16
129 7a Feb
11
Feb
8
11
Nov
9
9 7a Mar 17
2774 Jun 15
4474 Jun
30
10474 May 25
1027a Nov
10
14
42% Nov
13
56
Feb
87
15
98
May
Dec
5472 Mar 11
78
May 17
99
Dec
102 7a
Dec
987a Oct
May
15
Jan
123
37a May
11% May
May
237a
Sep
For
Oct
8
Oct
107a Mar 16
109.
10574 Jun
21
3
17_
1872 July 13
$3.50
1074
Machine
4.35%
8%
11
34
July 13
44
Jan
5
157b Jun
24
24
28.
11
Sep
15
!
2974 July
6
96
*9574
■■
14%
1974
1974
1974
20
20
207a
*20 74
20%
2074
21
1,900
37
*16372
3774
37 74
37%
3774
3774
37%
37%
38
38
2,200
167
4174
40%
41
88
88
88
87
87
*79
81
I
167
8774
81
10
•
1074:
39
11174
*16372
10 ft
10%
1074
*
10 ft
St
P
*297a
3.20%
Minn
8674
&
Moline
7%
preferred
Mohawk
Mojud
Carpet
Hosiery
Monarch
38 i
38
*31074
11174
24%
24 ft
,
A
Monday
Nov. 15
10%
*30
3074
31
>-427a
,_<18
317a
*91
,
—1
*17ft
16%
*31%
22
4272
3174
91
92 7a
*20
*18
19
16%
1674
1374
13%
*4872
14
13%
*8ft
'
9
*872
58
587*
877a
*8574
Inc
Tool
;
300
1974
100
1,900
16 7a
1674
1674
16ft
*82 7a
84 ft
827a
82 ft
*32
3474
*217a
22
13 74
1374
*49
53
*49
53
14
*1374
14
X1374
137a
9
87
1974
*8 7a
597a
*8574
*19 7a
1374
87
5974
*8574
13 ft
*32
2174
1374
*49
137a
60
34
21%
1,400
13%
2,000
49 ft
13 ft
800
87a
8ft
600
5974
5974
59 74
1,000
87
85%
86
74
600
9
2074
1974
38%
*37%
38%
38
38
3774
3774
377a
38 ft
600
"9372
9374
93
93
94
9474
9474
95
95
9574
350
102 72
10272
102 7a
*102
103
*103
103 74
1027a
1374
'
47
43
1374
1374,
47 7a
47
43
42%
135
*13374
4274
14%,
14%
4774
46
1474.
.
20
4474
47
1974
1472
1474
45 72
42 ft
43
4274
42
*13372
135
133 74
134
43%
135
72
12
12
12
127a
12 7a
137a
10 7a
10%
974
974
43
43%
10
43
43
43 ft
100
*87
88
87
87
*60
63
63 72
63 %
*99
100
99
99
__3
y
43
4274
88
*87
88
.262%
65
X62
62
9972
r
100
x99 74
99%
"
88
*103
1474
4472
13 74
1374
137a
14%
13%
*11072
1117a
*11172
55 ft
11172
55%
111 ft
55%
5%
6%
1374
14%
1374
15
45%
43
43
133 72
137
1974
103ft
133 ft
s
13%
974
974
4274
43%
19 74
*103
1474
457a
43
19 74
104
800
110
15%
3,200
4674
12,500
43
2,300
13372
40
12%
1374
3,800
10*
10
2,200
43 ft
3,700
*133
43
88
120
6174
6174
6074
61
1,200
*9874
99%
99%
100
240
*86
'
'
1
No par
1374
88
1374
*86
1374
1374
8,400
'
5774
114
*11174
57 ft
5674
6%
67a
5%
57
114
577a
*11274
114
5674
56%
5%
5%
112
112
56'
57
20
3,800
'
6
5%
67»
5%
2174
1.
21%
23
227a
22
22
23
3874
3774
2172
3774
2174
3774
23
3774
22 74
3772
100
^_20
No par
21
*18 74
137/a
1074
1.25
*20 7a
*3774
10
A..—
400
20 ft
33
*85 Va
2,300
3,900
197a
207a
*18
2174
*8 74
ft
32 7a
90
3474
5974
42
31%
*88
14
io
Mills
74
42
r
92
*49
No par
series
42
31%
*1972
*9%
No par
4174
31ft
*88
9374
vtc—No par
com_.
42%
2172
1174
com/
74
39
1174
Impl
300
*26
*93
-No par
A
120
267a
v
87
1,000
26
2174
■.
30%
26
*3174
8%
30
Shares
26%
1674
5974
t per share
30%
tor
the Week
1,100
82
*8 7a
—
1,900
9474
1674
5974
"
*37%
'
;*13374
com
30
n 1374
9
•
Sales
Nov. 19
I per share
137a
58%
Friday
Thursday
53
13%
2474
307a
82
3574
11174
247i
94
17
22
*11072
*
307a
84 ft
*21%
2474
96 ft
19
*32
11172
307a
20 ft
22
*11072
49O
30 ft
1974
36
39
1,800
*94 7a
2074
*34
2174
53
96
32
35%
*487a
30 7a
88
*82
3972
Nov. 18
317a
16%
16%
1074
24 74
88
847a
250
,
10
1072
30
*38
10 ft
30ft
*26
ft
10%
140
PRICES
3074
19
30
2,100
>,
82
4274
2074
800
87%
*8074
93
*82
*1374
*8774
32
*17 7a
42%
82
427a
20
1,600
87
87%
25
307a
42
6,200
16972
41ft
87
*86 72
31%
*88
207a
19
22
137a
—1
4272
31 ft
*166
7a
*8072
74
74, 11174
*94
96
42
82
$ per share
30%
/ 167
42
88 ft
Nov. 17
847a
*82
'
4278
3172
95
'21
*20
"
267a
*94
•
*8772
Wednesday
*
267a
100
series
SALE
74
87%
24%
$ per share
$ per share
30%
HIGH
Tuesday
*110
■.
Nov. 16
f.
267a
.10
.
Machine
38 ft
26%
—„
;
Co
*377/2
24
No par
RR
10
27
_No par
—
preferred
Mo-Kan-Texas
10745
*26
__5
Regul
Power
*80 72
107a
30 ft
3.90%
Mfg
Corp
37 74
80 ft
10
3074
_50
preferred
Minn
8674
807a
S6
*86
*20
pfd
conv
Min
88
307a
———No par
M
42%/;.
88 74
*94
58
SS
&
42 74
39
'
11174
Saturday
166
42%
1074
-*11074
2374
163
*163 74
42
38 72
24
166
'
89
,y,
*3772
I per share
■
Inc—3%
com
ioq
5774
1
preferred
Minn-Honeywell
$4
t
Co__2——2—5
Steel
3,700
14
*30
2
'
v
5774
30
pfdLlOO
series^——100
1074
;
14
94
Scott-—No par
'
'
58
No par
&
150
96
13%
Co
Edison
24%
:
5774
94
No par
7
1774
23%
2374
*95
(
-
*1674
1774
23 ft
14
common
preferred
1st
10
Feb
674
674
*1674
'
57 ft
Nov. 13
Co..——10
Co
Copper
Feb
9
1,900
4,100
14
:■
..
30
—
—
Transp
Inc
Metropolitan
$6.50
974 July 13
95
2,000
5772
1074
_No par
common:
preferred
Mission
-
23%
95
97a
2274
*1874
14
1074
1
preferred-.
Merritt-Chapman
Mesta
18
1374 Feb
Min
Co
14
347a Mar 17
page
&
73 72 Jun
Jan
see
x
1,100
974
22%
18 ft
6%
6%
17%
2374
18ft
974
2274
9
2274
56%
24
1
(The)
&
12172 Oct
4
674
*1674
4
1874
74 '
22%
100
14
*11074
*
.
Mines———5
Co
Stores
Merch
11
Feb
footnotes
:
7»
22
7
674
9
*8 74
.1
9
*874
9
56%
*37%
1
Corp
Merck
10
517a
Feb
7
18 ft
X18 74
974
2274
,_100
—„
2,700
14
10
;
Par
com—
;
87a
5672
"
.
Publishing
1st
conv
Nov
Feb
32
5%
4274 Feb
Feb
25%
25
74 Apr
13%
32% May
8
Dec
567a
Nov
,
Minn
Jan
7
974
22 74
LOW AND
•
4,500
530
7%
1074
*79
-
:
-
July 13
70%
*500
5672
*86 7a
_No par
STOCK
Minneap & St Louis Ry_
114%
*874
•
874
*1374
88
_No par
May 10
4
9
1474
14%
1474
530
774
10%
*41
par
_No per
...
Prod
16
1374
■s
1,800
1,700
10
13 ft
'*163 74
.
j—5
Petroleum
17
■
*500
8%
400
ft
1874
1874
56
—100
_Ll_No
Midland
7
15
Apr
28% Mar
1074
:
3674
Mid-Continent
May
Jun
Jun
13ft
530
96
96
*10
1374
36%
69 74
48
96
*8%
19
1874
974
2274
6%
19 %
Miami
51%
104
674
19%
1974 May 27
140
96
56
.
preferred—
Shoe
Mercantile
111% Aug
97
8%
94%
Robbins Inc~com
Melville
19% May 15
Dec
1974
9%
2274
9474
.—
6272 May 15
18ft Jun 24
97 74
2,400
*500
9
94
^-i.xNo par
pfd (1st series)
-TOO
2nd pfd (2nd series)—50
9
357a May
*8 74
94
Corp common
13
19
■32%
13%
{
8%
94
474%
28
13
1374
560
*93 ft
common—
Norris, Mfg
McQuay
Nov
177a Feb
3274
10%
100
__—.
McLellan-Stores
127a Jan
857a Nov
33
97
1674
—a—1
Porcupine
Feb
103 7a Mar
874
Corp.. _No par
f A preferred
Jan
Dec
674
_No par
-
McKesson &
1978
•
*19
1974
22
22
*16%
y_.—.
YORK
McGraw-Hill
73
83
874
_No par
conv
13% May
5074 May 8
63% July 13
9574 Jun 23
3274
18%
23%
McCrory Stores Corp
557a May
50
33%
1074
1674
—
10
33
:
1874
2374
McGraw Electric Co——
1
35 72 May 15
88%
40%
,
May 15
Feb
317a
* 18%
preference—-.-No par
cum
•
14
Oct
Feb
8 72
200
18,100
1074
77a
'V
1574
1872
16%
Corp
$ per share
Feb
25
13%
37ft
130
1474
1074
2474
EXCHANGE
Feb
257a
8ft
130
>1674
1874
16%
preferred
NEW
45%
1057a
9
136
1574
1074
*500
,
8
*37
*130
1674
1974
24
common—.
Highest
337a
1
1374
560
774
37 ft
136
1674
100
18 72
17%'
pfd
cum
Range since Jan. 1
Lowest
,/
3474
*37
*130
.
*
$3.75 cum pfd 1947 series. -No par
9
417a Jan
10774
Dec
35
r
Highest
h
•
'
f
1674
3474
*97
1074
<
^
19
STOCKS
1,947
136
1674
24
Co
Stores
Range for Previous
Lowest
13
*500
100*
10%
774
*8 "2
Co_^__—.—i_l
Chemical
$3.75 preferred
50
1087a Mar
18 72
37%
..
*130
23%
—
preferred
May
Nov
Mar 12
13 74
774
-No par
—
L)
Corp
Electric
14 74
Jun
X
*37
X
:
20
84 74 Mar 27
Martin
MasOnite
26
35% Mar 16.
Feb
97% Mar
13
*10
'•
3772
136
com—_ _N»par
Co
Martin-Parry Corp
22
Feb
-
10072
7% May
■
Noy
Nov
*97
1074
1872
/ *500 v." 560
Corp—.:— ——5
6% prior pfd—_100
Ry
Mathieson
.
69
3574
1
—_—i
preferred
10
267a
•
Midland
Marshall Field &
<
10
22
Shirt
Market
16
1037a Jun
,
3774
*130
100
1074
.18 72
.
,1—1
——^
Marine
May 20
177a Sep
47 74 Feb
497a
34%
.
107a Nov
106
337s
,
1274 Nov
190
33%
5
Oct
Dec
33 74
i
Maracaibo Oil ExplorationMarathon
Corp
....—1___1.6.25
Jan
88
1674
——50
Coal, RR Co—
Co—
Bros
24%
39% May
'
167a
4..10
—.—
Sugar
63ft
Dec
1674
Co 4(The)—4.—
Magnavox
Mahati
28
297a May 18
9.
Copper
14ft May
175-
37
136
16
(R H)
39 ft May
1874 July
,,,24% May
37
*130
5
—
Inc__u__L_x.—
"
Jan
/
20
Trucks
Mahoning
2
8»
2574 May 17
20
2274 Nov
23
147a Jun
10.
1
22% May
10
i-100
com.
-y*_—
preferred
'jo
Mack
Magma
6
Apr
10% Sep
1374 Jun
12.
Dec
7
277a
1674 July
5
'6% Nov
Feb
Forbes
&
Conine com___ _No par
474%■ pfd series A—y.—.100
.Madison
Square Garden— _No par
17
Dec
6
Macy
.
25
Jan
14
Nov
3974 May 27
<
10 74 Nov
14 7a
19% May
67a May
97%
10
■
Xl67a Feb
.1274
Dec
9
27% Jun
.
•
Feb
500
Dec
3ft
13
MacAndrews
2
Feb
,
96
1874 Aug
May
22%
Jan
2174 Mar
Jun
6
40
142
307a Mar 16
Mar
1574
Dec
455
Jan
111
27'
38
37%
38
38
38
1174
11%
lift-
lift
11%
11%
117a
1174
1174
1174
1174
1172
2,600
26
2574
257a
x2572
25^
*2474
25 74
2572
200
*2574
6
22
*3772
*24 ft
25 ft
*25
12,600
14,300
700
(2132)
THE
COMMERCIAL
Ranee for Previous
Range sine* Jan.. 1
Lowest
Highest
I per share
49Va May
45 y8 Nov
101
64%
May
112% Apr
Dec
17%
Dec
10% Nov
15
May
27%
Dec
20
Nov
6
9% May
14 %
15%
24
17
May
27%
19% May
27%
17% May
25
10
May
35
Apr
107%
Jan
Motorola
22
Co
Motor
Wheel
Jun
Mueller
16% Oct
26
14% Oct
23
16
33% Feb
16
45
107% Jan
2
112
.
Jun
Jan
2
97/a
Dec
16%
Dec
21
17
37%
Jan
44%
Feb
35
Nov
10
43
Jun
Jun
56
Jan
50 Ye Jan
23
55% Jan
5
47%
Thursday
Nov. 17
;
S per share
48
*102
*106%
111%
Friday
Nov. 18'
;
10
55%
55 Va
'
55%
46%
47%
45%
102 %
102 Va
102%
102'/a
►106%
109
107
107
108
10%
108
10%
10%
v
10%"
10%
the Week
56%
56%
57%
56
56%
11
11
10%
11%
20%
21
21
*16%
16%
1
16'A
17
17%
No par
*24%
24%
"
25
25%
5
20%
21
,«
20"
19%
1
com
10%
17%
17 Va
17 Va
17%
17%
17%
17
1
14%
15
15
15%
15
15%
14%
5
11 Va
11%
*21
11%
22
17%
22
12 %
38%
;
*109%
12
39%
25%
109Va
13%
%
12%
*12%
39%
39%
39%
*109 Va
13%
13%
110
*109%
17%
1,900
25
243/4
19%
19%
17%
17%
13%
13%
*36
37%
*36%
37%
*51
53
*51
53 Va
15
15'/a
24%
24%
19%
*12%
12%
39%
393/4
110
200
5,900
24%
1,000
*
2,100
15
8,500
400
133/4
13%
37%
36%
*50%
13
40
'
110
'•
36%
53%
12 Va
*109%
*36 Va
53%
14
13%
2,300
18%
39 Va-
«'
110
*109%
'20
20
*17%
14%
12%
393A
♦50 Va
"
8,300
18%
'
123%
14 Va
36
54
18,700
12
22
17%
173/a
>109%
36
56
11%
17%
393/a..
I
55%
1
22
-19 %
110-
*50
-
500
300
103/a
*21 Va
11%
*21%
*24%
*
12%
39 Va
f
8.200
109
10%
56 %
11%
i
17%
17 Va
19%
-■
11%
*21 %
*
*12 %
*.
47%"
*107
10 3/4
55%
15 Va
new—
25
Shares
share
47%
103- ' '103
!
20%
X20
t per
46%
104
for
Sales
Nov. 19
J per share
102 Va
*
104
10%
f per share
47%
46%
*106% '110%
10
Murphy Co. (G C) common1
4%% preferred
___100
Murray Corp of America com—10
4% preferred
50
Myers (F E) & Bros
No par
29
50 Va
47%
105
5
Co
Mfg Corp
Munsingwear Inc
2
I per share
*102
No par
Corp
Corp.:
Brass
Mullins
May 15
'
PRICES
Wednesday
;
Nov. 16
No par
Co
Products
May 27
24
9
47%
.
5
Inc
23
Feb
12% Sep
B
Lines-
&
Motor
9
HIGH SALE
Tuesday
Nov. 15
3
(John)
29% May 27
19
Monday <••
$ per thare
A__No par i
No par .
Montgomery Ward & Co
9
5
com
Utilities
Morrell
13% Nov
11 Va Feb
Nov
40%
series
Moore-McCormack
Jan
15%
preferred
Co
series
Montana-Dakota
May 21
18% Oct
22
Feb
$4
Chemical
preferred
17% May 15
19% Mar 17
16
$3.25
27
23
20% Jan
Oct
Feb
Mar
112
Dec
11 y4 Jan
Nov
Monsanto
18
65
47% Mar 16
Feb
;
Nov. 1»
.
Monday, November 22, 1948
I
6
10% Oct
9
,
Par
-61% May 17
122
May 15
18
27
105% Mar 17
LOW AND
gstsrday
-
CHRONICLE
*
1
STOCK
EXCHANGE
f per share
.
Sep
9 '/a Nov
49
NEW YORK
Highest
8 per share
$ per share
63% Feb
128% Feb
110 % May
FINANCIAL
STOCKS
Year 1947
Lowest
&
13%
2,900
14
3,200
37
37
*50%
300
53%
N
Feb
14
May
19%
19
May
21
May
30
21% Jun
20
Jan
16%
14% Mar 16
29%
Jan
8Va
Dec
9Va May
14
29
29
10% May 20
13% July 8
Feb.
8% Feb
;
16%
Feb
10
Dec
29
34%
165
Dec
26% Feb
Jun
10
Jan
Dec
15%
26%
38 *
Dec
14% May
,17% May
Jan
20 y2
Feb
6
Feb
14% May
96'
Oct
Dec /
25% May
36%
Jun
2
*21
"May 21
22% May 21
10
37 V2 Feb
11
57% Oct
19
13 Va Nov
19
15
Sep
27
20% Jun
9
85,
Oct
14
23
38
Jun
10
165
Dec
190 y4
Sep
162
Oct
16
177
Jun
Dec
167
Jan
130
Nov
4
6
Sep
20
7% Feb
2
15% Feb
11
24% Jun
10
6%
Jan
Dec
U
Apr
Jan
1%
Dec
21 y2
8%
28
Jun
Jan
26%
% Nov
19% Nov
12
95
28 y2
Jan
12% May
23%
Dec
88
Mar
100
20
NOV
20
May
13% May
24%
Feb
107
38
98
Dec
106
10
19
19% Jan
Nov
16
19
26
104
35
100
87
-Feb
Feb
10
8% Nov
10
Dec
95 V2
Dec
108%
Jan
90% Mar
35% May
22% Dec
44%
Dec
38
Jun
May
May
26
Nov
May 17
Jan
May 15
12
12% Jan
3
99
8
64
Aug 17
Feb
13% Nov
10
July 12
26% May 21
Feb
74
17
90% Jun
&
National
4%%
Natomas
Co
Neisner
19
61
Jun
6% Mar 29
15%
Nov
Sep
20% Feb
Dec
107
Mar
86y2Jan
6
10% May
16
Sep
14'/a Feb
14 % Jun
10
84 y8
27
25%
Mar 18
4%%
9
Jun
17
19% Oct
23
100%
Aug
81
Jan
2
88
•
Jun
21
23%
Nov
33%
Dec
Lowest
t per share
:
Fibre
62%. Nov
10%
Feb
8
Jan
13%
'.*15%
1,000
16%
15%
16'A
9,600
*88
31 Va
30%
167
167 Va
167 Va
168%
133
132%
132%
133%
133%
91
169
133
30%
*6%
6%
6'A
6%
6%
18 %
18%
18%
18%
18%
U
%
U
19%
20
20 Va
*20%
95%
95%
97
97%
98%
f
21 Va
21
*21
1
21
"20
31 Va
6%
133
6%
18%
19%
u
%
21%
20 Va
99
20
*20
N
Oct
16
Nov
2
3% Sep 20
10% Mar 18
Feb
81%
80%
81
81
82
82%
83%
*83
84%
340
22%
22
22 Va
21%
213/4
22
22
*22
22%
1.300
11%
11 %
11%
,.*11
11%
11
11%
11 Va
*11 Va
11%
9%
9%
9%
9%
9%
9%
9%
11%
9%
9 Va
9%
10%
17%
10%
10%
18
17%
9%
10%
10%
*14%
15
15
14%
*100%
102
101
101
*100 :,/4
*14%
10
1
32
♦89%
18 Va
17 3/4
17%
10%
10%
17%
*9%
10%
10 Va
17%
17 Va
10
900
1,000
10 Va
5.000
*14%
15
*14%
15
*14%
15
3.300
-100%
102
*1003/4
102
101%
102
*31%
32
32
90
*90
14%
102
32
*31
32
90
90
90
90
10%
~
40
32
200
91%
230
8%
8.700
8%
8%
8%
8%
8%
8%
8%
92%
*90%
92%
*90 Va
92%
92%
92%
*92%
53%
54%
55
57%
55%
56
3/4
56%
57%
5,100
14%
14%
14%
14%
*14 Va
56%
14%
56%
14%
*14%
*75
8%
*90%
53
53
14
14 Va
13%
14
1.500
8%
93
Y
77%
14
13%
14
13%
13%
13%
1
*74 '
10
13%
13 Va
75
16
16
16%
16%
16
16
15
*17
21'/a
*17
21
*17
21
*17
21
17
51
*44
50
*44
50
*44
51
*44
50
230
250
*230
250
230
70
21
250
common
preferred
non-cum
&
Harlem
Preferred
N Y
13%
13%
*77%
75
No par
Y
Y
13 %
com—100
*74
No par
Dock
RR
5%
*44
51
*44
50
*230
250
*230
$3.75
Elec &
8%
8%
8%
8%
29%
30'A
303/a
31
89%
*88 Va
89%
89%
89%
88 Va
17%
17%
17%
17 Va
17 Va
86
86
86
*16%
'
17%
.
85 Va
•1
'
85 Va
*85%
Saturday
Rycom
*25
25
-
58
21
*20%
21
*20%
1,200
16
800
8
29%
*89
17%
;'r*r
8%
5,900
30
2.800
91
230
17%
1,400
87
♦85 Va
87
80
26%
15
15%
8%
8%
8%
*82 %
♦26
15%
9%
9
203A
15
2.700
26
25
25%
25%
25%
25%
25%
1,000
58%
58
58
57%
573/4
58
58
26%
26
26
•
26%
26
26
15%
15%
15%
15%
15%
15%
15 Va
9%
8%
9Va
8%
9%
8%
20%
Va
*82 Va
83 Va
83%
83%
83 Va
10
29%
30%
30
30%
30
30%
17%
17%
17%
18%
173/4
18 Va
.
No par
No par
105 Va
105%
*105%
10
8%
8%
8%
82
82
82
27% May 17
40% Apr 24
7% May 21
._25
16%
Northwestern
Telegraph
—50
*363A
Norwalk
Tire
&
No par
*4%
4%
9
Norwich
Pharmacal
2.50
12%
123/4
*12
16
28%
*27%
Inc
common
_——,
Rubber
Co—
16 Va
37
'
823/4
82
17)5 %
105 Va
9
8%
*83
85
*26
*83
85
30%
29
17%
17%
17%
85%
29 Va
293/a
9,800
17%
18 Va
11,900
83%
84%
84 Va
105%
105%
105%
105%
8%
8%
83/4
8%
84
400
28,800
*83%
8%
84
3,600
34,200
*17%
105%
9
9
800
29%
29%
.
83
105%
%
10
84%
420
106
8%
163A
165/8
16%
16%
16%
16%
37%
37 Va
37%
37 Va
37%
a37%
*4%
4Va
*43/8
4%
*4%
4%
*4 Va
43A
12 3A
*12 Va
12%
*12
12%
12%
1,010
11,900
37%
4%
16%
16%
37
37
4%
Shares
20%
15
58 %
58%:. 58 %
16%
*37
for
the Week
15
25%
*26
Sales
203A
25%
151/4
shares
Friday
Nov. 19
I per share
20%
25%
58 %
Nov. 18
15
26
:
Thursday
$ per share
15'A
15
26'/a
50
.
preferred
preferred
2.000
*15V4
20 Va
15
Northwest Airlines
4.6%
17%
„
*15
15%
15
6 per
21
15
-100
Co—
preferred
$4.80
90
17
*86
Nov. 17
t per share
15%
*26
1
Co
Gas
Ry-
$3.60
V
8'/a
30
30
*88%
Wednesday
1
Nov. 1ft
I per share
10
Aviation
Tuesday
Nov. 15
25
>
Ry
15
4
Co
American
*20 Va
1
preferred
American
*85%'
86
Monday
J perthare
2.50
Co
Western
Adjustment
8 Va
16
80
135
,
Nov. 13
Corp
Chemical
8%
30'A
*78
134%
LOW AND HIGH SALE PRICES
STOCK
Industries
Electric
8 Va
29%
8%
78 3A
135'/a
15%
89
17%
*88%
1
Par
Noblltt-Sparks
250
78%
*134
15%
29%
100
Corp—
preferred—100 V
YORK
*230
5
134
8%
Gas
cumulative
250
79
77%
29%
—100
A
Power & Light 3.90% pfd
Shipbldg Corp partic stock
State
21
*17
Hart RR Co_100
series
77
No par
Co
N Y New Haven &
N
No par
i
78%
York
$5
N
No par
34% Jun
.
9,300
81
22%
14% Jun
•
18%
17%
22%
17 Ye Mar 20
9
33% Jan
Feb
700
82
Northern States Pwr Co (Minn)—
Jan
800
21%
City Omnibus Corp
Y
New
Pacific
13%
8,100
7,000
26.400
Central
25%
*20%
ii
21%
101%
134
Natural
45%
21%
%
99
78
Northern
Dec
20%
'
'
*20 Va
135
Northern
Jun
'''
Va
21%
99%
77%
Northern
33
%
21%
134%
14
g
700
3.100
77%
24
8% Nov
90
6%
19%
135%
36% Jun
Apr
135%
6%
19%
*11 %
100
Louis Co
St
27% Jun
19% Aug
*134%
190
6%
135%
North
19
11,300
19%
•
99
20%
30
35%
134
13% May 10
Mar 19
134%
883/a
169
134
2
Nov
'
100
34%
168
14 Va
Central
North
90
133%
6%
18 3A
99
883a
<
343/4
170
10o
13
106
91
313/4
17%
100
preferred series A
17
5
f
X170
82
.
100
^
York
6%
17% Jun
Aug 11
500
"
1,100
11
78
*88
31%
170
.
*6%
19
%
*19%
,
'
31
/
7,700
11
Feb
16
*88
91 "
30%
*131%
.
*
153/4
33%
16% Feb
18%
.
32%
82% Mar 10
Dec
16%
33%
25% Feb
12
90
15%
>
32%
Feb
6%
16 %
33 Va
Jan
103% Oct
.
53%
32%
Nov
22 %
'53%
32%
22%
Aug
55%
*33%
30%
11
21,000
74%
115%
102%
3,800
18%
33%
Dec
Dec
15%
90
1
Brake—
13% May
79%
15%
;
EXCHANGE
11
15%
18 Va
32%
28% Jan
Jun
15%
18 Va
33 Va
3
93
15%
17%
,'
31%
Norfolk &
18
Aug 24
'.15%
18%
*74
1
Feb
15%
*54
33%
Nopco
14% Mar
5,800
15%
17%
55
75
5
25
700
31%
36% Jan
55
27%
74%
17
Sep
;•
323/4
% Jan
64 % Nov
Jan
27
303/4
Noma
30%
27%
-
78%
1
33%
26%
6,500
■
33%
17% July
Dec
27%
*
30%
Aug 11
Dec
112%
167%
No par
preferred-
3,500
10 %
12%
x27
18 Va
»553A
90
*21%
common
7
10 Va
12%
10 Va
30
Nov
Dec
6%
10 Va
12%
!
33%
20% Mar
16%
'*
7
10%''
*75
25
26
7
160
2.900
30
NEW
21
39%
3,700
33%
25%~Oct
25% Jun
39%
4,500
G%
>40
,,
12%
30 Va
1
Co
30 Va
171 :
5%
33 %
53
56%
25
*89
10
fper share
4
30%
>168%
29%
Highest
8 per share
30%
169
10
*165%
;
100
Air
15
6% May
83% Dec
No par
Co
York
Range since Jan. 1
Highest
2,300
12%
I
16 %
18 Va
18 %
54
STOCKS
Year 1947
Lowest
No par
Co__
preferred
Range for Previous
$ per share
153/4
5,200
10%
37 Va
11%
Newport News Ship & Dry Dock—1
N
Dec
•'
16
'■'11%
10
*36
5%
'
7%
160
New
39% July 12
96
•53%
92%
25
255
15 %
17%
>
8%
6
19
Jan
15%
.
100
*
N Y Chic &
49% Jan
17%
53 Va
*90%
New
200
10
:
Jersey Pr & Lt Co 4% pfd
Mining Corp
Newport Industries common
18% July 12
Feb
•:
-
39%
•
..
13V4
17%
*52
New
92
290
1
com
Newmont
144
Nov
"
5%
5%
39%:
7
28 %
"• 3%
10
230
27%
-
90%
11
Jan
28%
■
32
Feb
62%
27%
:
v30%
169
5%
39 Va
10%
12%
*89%
Feb
Dec
'
10%
12%'
*31
39
52
7%
>
:
10%
90%
121
2
7%
;
12%
32
Dec
19
"16
39 3A
10 Va
•
30%
5%
11%
11,800
10'A
•
*9%
*353/4
168%-.
5%-
'
37%
U Va
<
10
30 %
16
5%
-
.
37%'
168 Va
•
5%
15%
11%
10
30 3/4
39
7%
'10%
*353/4
-12%
-
*89%
Dec
Jun
7%
•
37%
5%
38%
*31
50
23% Apr
37 Va
>
«
10
'
167% 166%
5%
-
10%
•
30%
168%
(JJ) common—No par
preferred
100
New England Elec System
20
137
27
1
7
16
.
3%%
9
9
5
12.50
Newberry Co
22
3
7
25
serial
34% Oct
Mar
'•
10
*353/4
30
5%
■
36%
27%
No par
Corp
Inc
43% Jun
11% Mar
;
*167
5%
36%
*.
-—.100
conv
11
20
167
5%
" 27%
I
Bros
4%%
16
Feb
167
No par
11
Aug
i
No par
Corp
12% Feb
26
29%
10%
common
Ref
Vulcanized
20% Feb
20%
29%
12%
Corp
Tea
32% Nov
Apr
29 Va
*103/8
10%
37 Va
Supply (The) Pa com_l_lo
Oct
19
10%
*35%
10Va
preferred
National
Feb
July
Co
Shares
Feb
July 12
10%
10 v*
37%
Service Corp__:
1
Steel Cast-No par
Lt ex-dist
No par
Steel
46%
May
10%
10
*35%
*'
&
National Sugar
18
Nov
11% May
80%
Power
cNational
National
24
98% Jan
13
Feb
6
10
10
5%
16 Va
Stamping__No par
Co
Linen
22%
18% May
80
6
Natl
2
9
liy8
17%
July
Jan
Nov
13% Feb
Mar
12
25 %
X27% Mar 12
Feb
32 Ye
5
30% May 27
15% May 26
12% Jan 26
10
,
July
Nov
32%
23
9 % Nov
Feb
Feb
28'/a
102
2
May 17
Lead
Malleable
Nehi
Jun
Dec
6%
"
5%
-
'
National
Natl
13%
6,900
*12%
j.
„
preferred A
preferred B^
Natl
94
Dec
x87%
7%
17
11
5%
preferred———No par
conv
National
16
11
13
Jan
25% Jan
9
5%
1
—:
Prod
common
$4.50
7
114% Oct
16
5%
5%
—_1
Co
Products
Dairy
Nat Enameling &
National Gypsum
21% Nov
Feb
18%
Nov
•5%
1
Inc
Co
Gas
Department Stores--,
16% Nov
80V4Nov
17%
105
1
25
81 % Mar 10
5%
No par
Distillers
New
Sep
29%
Register-.
National
Jan
y2 May
12y2 Dec
18 y2
147% Apr
6
Feb
74% May
21% May
1,000
5%
10
National
7
136
15%
21%
10
City Lines
National
96% May 19
29% Jan
National
22
Dec
24
21%
1
common-
Container
Feb
107
24
22
100
Cylinder
-
23%
•*'21%
:
National
17% Nov
,
16%
•23%
21%
Corp
Can
Cash
National
Jan
25'/a
Dec
preferred
National
National
2
14% Mar 17
Jan
23%
48%
y2 May
7%
Co
9% May 20
13% Nov
30
15%
24
21%
Biscuit
17
13% Jan
r.
15%
*23 Va
21%
National
14% Aug 23
32
16%
24%
213/4
5
28
24% Mar 17
16
24
22
*
4
Co
9% Sep 28
10% Mar 15
Oct
17%
Jun
16 Va
25%
21 Va
Battery
,9% May 21
48
15%
24 %
22
1
National Airlines
23
10
15%
24
*21V*
National
175% Jun
1
5% Nov
33 % Feb
15%
*23%
1
National Automotive Fibres Inc
National Aviation Corp_
22
162% Oct
_5
100
,
Co
8
July
32% Oct
Feb
14%
Dec
45
20
Dec
13% May
13
Jan
17% Mar 22
9
Mar 18
13%
May
7%
Feb
11
Nov
43%
187
8% May
33
Acme
10
34
Jan
National
Nov
10 % May
27,
Corp
Chatt & St Louis
5
32% Sep
24
Jan
9
Nashville
24
21
Nash-Kelvinator
25
Feb
4% Sep
..
13
*12%
17
4,700
100
100
13
400
O
27
Dec
Jan
27% Feb
10
91%
Dec
111%
Feb
92% Jan
>2
103
21-
Jun
18
Apr
35 %
Dec
26% Feb
11
43
18
Jun
Dec
15
Ohio
16% Apr
22% Feb
14
18% Jan
17
Dec
Oklahoma Gas & Elec 4%
Feb
92
Feb
8
17% May
93
Dec
7% May
86
-May
15% Sep
24
May
38
22
27%
107
13%
118
July
Mar
Feb
11
9
25
36% July 13
xl09% July 13
12% Apr 20
13
100
Jan
5
Jan
2
23
Jun
17
33%
Feb
Oppenheim
27
Jan
26
37% Jun
23
Otis
Oct
Jan
144% Nov
15
154
Jan
28 %
Feb
15% Nov
9
23
Jan
5
93
Jan
82% Nov
3
89
Feb
27
Nov
80
July
73% Jan
2
163%
51 % July 20
May
16
Sep
9% May
19
Feb
8% Nov
9
80
Oct
60% Sep
34% Feb
30
24
Jan
46%
11% Feb 27
Oct
13
15% Mar 20
29
100
29%
29 Va
29%
99
99%
*17
17%
*17
17%
*17
17%
28%
28'/a
29
293/a
29 Va
29%
29
100
97Va
97Va
98
98
99
993A
993A
6
8%
8%
9
8%
*8%
A__100
•
88 Va
89
89%
8%
9Va
90
90
90
*89
29%
.
lo
*21%
23 Ye
*21 Va
23 Va
*21%
22%
*21%
No par
28%
28%
28%
29%
29%
29%
28%
100
&
*144%
144%
144%
146
♦144
146%
*144
2.50
*15
15%
*15 Va
16
*15%
16
*
*80
85
*80
86
*80
86
*80
12.50
54
54
54%
5
*14
14 %
14 Vs
Mlg
Glass
Co
543A
54%
14%
*14%
56
15 Ye
53%
100
8%
90
146%
54
non-cum
No par
*38 %
39 Va
39
39
*38%
39
39
39
Pacific Finance Corp of Calif—10
Pacific Gas' & Electric
25
18 %
18%
*18%
18%
183/a
18%
104% Jun
147
7
Mar 18
Lighting
Corp
31
146%
*147
149
190
40
16
preferred
8
7,900
86
2nd
July 23
100
29%
*15%
63
36% Jan
22%
28%-
*80
*9
18%
*21%
16
*60
18%
390
2,100
90
86
93/4
43% May 28
21% Jun 15
5,700
"
*89
*80
62%
14%
200
90
*15%
*8%
14%
8%
16
62%
9%
146%
8%
86
64
*8%
9
29
64
9%
*89
100%
21%
66
*8%
8%
283/4
*64
10
29%
100
21%
No par
Inc
*17
22%
non-cum
common
"
31%
29
Co
Pacific
&
17 Va
17 %
Fisheries
Pacific Mills
Nov
17 Va
*17
Amer
55% July 13
130
17%
20
Coast
44 %
2ft.
25,000
preferred
47% Mar 16
page
170
31%
1st
30
Feb
96 3A
30 3.4
Pacific
Feb
see
96
31%
Pacific
Jan
168
963/4
Apr 13
Jan
For footnotes
29
*96
313A
May 27
73
62 %
27
29
96
303%
15% May 17
43%
89% Feb
29
96
32%
15
39%
Dec
*28%
953/4
31%
No par
Owens-Illinois
Dec
131
preferred
Co
Nov
129%. Jan
28%
95%
323/a
preferred
Outlet
50 %
13
*28
953/4
31%
No par
common
Outboard Marine
25% May
X89% Dec
Feb
28%
953/a
31%
Collins
Elevator
x33%
30% Mar 17
28%
95%
31 Va
preferred
(The) common
convertible
6%
283/4
*95%
pfd
common
Corp
20
Aug
*27%
convertible
88% Nov
May
Jan
Corp
4%%
Omnibus
8%
8
100
No par
Co
Feb
19 Va
10
Oliver
common
preferred
Oil
28%
84
50
4.40%
Feb
149%
68
Ohio Edison Co
14%
9%
53%
*14%
*83/4
*62%
39
*183/4
54
I43/4
9%
53%
*14%
9
53%
4,900
143A
1.000
9
50
63
*62%
63
20
-39
*38%
40
250
*18%
19%
600
31%
11,100
19%
31'A
31 %
30%
31%
313/8
31%
313/a
31%
31%
No par
*50 %
50%
50'A
50 3/4
50
50 Va
49%
49%
50%
50%
50
50%
1.900
No par
31%
31%
32'A
33
33%
33%
33 Va
33%
33%
333/4
33%
33%
1,800
933/4
933/4
94
94%
94%
94%
93%
933A
180
131%
131%
Pacific Telep & Teleg common
6%
preferred
100
100
*93
*130%
94%
132
*94
132
94%
132
.
-
♦131
134
131
131
31%
133
133
110
Volume
Number 4753
168
COMMERCIAL
THE
NEW
*l-
Ranee for Previous
Range since Jan. 1
Highest
f per share
f per share
312 May
21%
43
593/4
Jan
Lowest
3% Nov
18
6
40% Sep
Oct
21
2
Dec
7%
Feb
4% Feb
13
Dec
147/a
Feb
8% Noc
9
% Apr
Nov
46
Feb
5
66
109
Mar
92
Oct
20
100
9%
Jan
Feb
6% Feb
20
96
%
Dec
19%
Dec
37
109
2
7
20% May 27
Paramount Pictures
34% Feb
10
51
12
3% May 17
33% Jan
2
Park Utah
25 % Nov
Feb
24% Feb
11
30% Jun
Parker
Feb
Mar 16
16%
Oct
24%
Feb
10
Sep
15% Feb
28%
45%
16
15% Jan
2
Penn
__10
10%
11
11
"21% Nov
1
11%
*10%
Penn-Dixie
Cement
_7
*18%
19
7
Penn
Sand
*28
29'
14
5%
34% May
112
Jan
17 % Sep
20
26%
Feb
16% Feb
27
22 % May 24
Jan
37
18
48
101%
19
Sep
8
20% July
6
Apr 22
120
Apr
6
22%
Dec
34
85a May
13%
37
17%
4,000
Pennsylvania Salt Mfg Co com—lo
17%
*37Va
37%
22,800
37%
37%
38
38
38
40
100
39%
105%
105%
*105
39%
*105%
106
105
5
*30%
31%
*30
*30%
32
*30%
32
92
91%
92
3%%
series
conv
Peoria
&
Eastern
Milk
Co
4%%
May 19
109%
Dec
59
95% Mar
Jan
29%
Dec
13
Aug
27%
23 %
11
120 %
21
Nov
5
5
12
July 13
55
May 19
104% May 15
24% Jun 14
Brewing
85
Electric
Co
22
Nov
3
$1
21
25% Sep
115% Jun
8
Jan
9
4.4%
28
103% Jun
10
3.8%
111
8
4.3%
Oct
Jan
19
21% Oct 22
Phila
Nov
28
Jan
22
45% July
Philco
98% Mar
81
Sep
29
43%
25 % Mar 16
91
July 8
37% Nov 19
9
Dec
88
Dec
109
Feb,
Jan
6
97% Jun
Dec
101
Mar
82% Nov
16
88% Oct
7
11% Nov
10
81
Jan
93
87% Jan
22
13% Sep 13
92% Aug 31
50% Mar
July
63% July
54% Jan
21
77% Jun
12
18
12
10
14% May
30%
Apr
99 %
Dec
96%
Dec
Feb
38% July
108
Feb
96%
Dec
87
Feb
30% Feb
25
98% Apr
1
14
110
Jun
10
May
88
Dec
18%
Jan
32%
Dec
26
16
Dec
16
Dec
12% Feb
16%
102
15
7
34% Jan
103% Jan
113
5
Pitts
11
15% Jun
Mar
x83% Nov
17
93
11
July 28
10
155
Apr
Feb
16
169
July 15
12
39% Jun
1
Pittsburgh
May
10%
Nov
7% Nov
10
10
Jan
2
15
Dec
10% Feb
Jun
140
Oct
93%
Oct
84%
20 %
200
11
20
Jan
27
165
Oct
20
7%
73% Feb
28
96
Oct
22
71% Mar
Dec
15
Jan
Oct
145
Feb
9
99%
99%
99%
99%
99%
190
21
21%
21%
21%
x21 %
21%
*23
23%
21%
23%
21%
23%
9,500
23%
23%
23%
23%
*23%
24
23% "24
*107%
108 %
*107%
108 %
100
9
82% May 10
13
26% Oct 23
Jan
9
28% Jan 22
161
July 7
46% July 13
NEW YORK
I per share
$ per
14%
Jan
Apr
38
Dec
33
Jan
6
35%
Oct
29% Feb
14
46
12% Sep
12% Jan
27
16% May 20
14 % July 12
9% May 10
12% July 28
70% May 4
Jun
24
11% May
19%
Oct
12%
15%
Nov
16
Feb
6% Nov
9
11% May 18
43
Feb
24 % Nov
15
35% May 21
71%
Nov
62% Feb
16
71% Jan
May
Dec
,
Slay
15% May
85%
32%
Jan
28
18
Feb
Mar 11
Dec
102%
Feb
81
30% May
38%
Jan
32% Jan
20% Nov
51% May
27
15
10
25% Nov 10
33% Nov 19
61%
Feb
29%
Dec
x25% Feb
5
106%
Oct
109%
Jan
101% Feb
13
24%
Dec
36%
Feb
X25
11
21% May
20
Mar
24%
Dec
38%
38%
38%
40
39%
39%
Feb
20% Oct
1
9
28% May 25
94
&
86
88
88
88
88 Va
88%
270
35%
35%
35%
36 Va
36
37%
18,400
93
8989
12
90
*88 %
593/a
60%
59
14%
*11
59%
59%
*11 %
.13%
31%
*11
31%
31%
*87
115
*85
*85
88
4% %
conv
$4.75
Apr 26
39% July 6
24% Jun 25
Pub Serv
30% May 15
$1.40
53
Jan
.
5
42
May 18
108% Sep
3
33
July 12
Public
\
32
«
101
*103
12%87
31%
*11
32
57%
14
*31%
*11
32 V*
100%
♦100
115
*103
115
31%
100 Va
*103
11%
*11%
85
85
x83 %
12%
11%
83%
100 Va
♦103
12
*82
11%
86
*82
600
140
59 Va
12,400
14%
79
1,500
100 Va
115
50
:
12
1,600
84%
30
32
33%
33
33%
33 Va
33%
33%
34%
18
19
18
8(500
18%
18
18
17%
17%
3,200
*138
142%
*138
142%
*138
142%
*138
142%
160
*158
162
*157
160
*158%
160
33
32
34
33
8%
14%
*71%
*71%
19
*140
31%
15
*165
82%
72%
18% ,19%.
144
*140
31%
144
31
84
31%
32%
32%
8%
8%
8%
8%
15%
180
15
*165
85%
85
15%
180
*72%
20%
*19%
30%
«■'
*138'
30%
30%
144
~20
15%
32%
5,800
8%
9
15
9%
6,300
16'A
3,100
15 Va
180
*165
180
86
*86
87
20
144
162
32 Va
86
73 %
*19%
142 Va
*158%
32%
*165
85%
73
*138
160
32 Va
*72%
*140
142%
160
33%
8%
15
82%
73
*18%
1
*165
80%
8%
180
14%
180
80%
_100
8%
14%
*165
Saturday
Monday
*10
*72 Va
73 %
72%
19%
20%
21
*138
144
31
31
30%
510
72%
19%
10%
*10
37%
37%
37%
"39%
39%
*13%
13%
_10
13%
13%
1
com
6%
Wednesday
Nov. 10
S per share
1
Co
Tuesday
Nov. 15
# per share
*138
31%
10%
*10
20
600
144
31%
3,000
10%
*10
39
39
40
40
40
40
13%
J.3%
13%
13%
13 %
13%
13%
13%
13%
*39%
*12%
V,;:
Inc
5
com
39%
40
13 Va
*12%
13 %
13%
13 Va
13%
6%
6%
24%
24%
24%
25%
64%
64%
65
23%
22%
23%
22%
89 %
88
88%
88%
89
89
35%
*88
20
40%
35%
35%
35%
35%
35%
35%
20%
21%
21
21%
■
6%
6%
6%
24%
"64%
23 Va
22%
*10
39%
39%
Shares
10%
41%
*40
10,700
41
13
13
13%
:
for
the Week
t per share
10 Va
39%
64%
25
64%
22%
No par
Colorado
*10
39%
Sales
Nov. 19
I per share
10%
38%
Friday
Nov. 18
I per share
'
*64%
Thursday
Nov .17
$ per share
40
6%
*24%
No par
of
14%
58%
*100
,
115
11%
-
57%
91
18%
No par
Co
(The)
conv
58%
*11
*88%
31%
8%
100
Co Inc
Inc
Oil
5%
57%
60
12%
140
12%
91
*88%
83%
*11%
LOW AND HIGH SALE PRICES
13%
800
400
13,900
6%
6%
6%
6%
6%
24%
♦24%
25%
*24 Va
25%
500
64%
64 Va
65
65%
2,300
23%
22%
23
22%
23
89
89
Va
89%
90%
91%
36
35%
35%
35%
35%
21 Va
21%
21%
21 Va
65
6,600
4,000
310
.
5,500
No par
preferred
20%
21%
25%
25%
26%
25%
26 %
25%
26
26
.26%
35%
35%
35%
35%
36%
35 Va
36 Va
35
No par
•
common
21
25%
No par
com
21
No par
com
preference
Pure
91
100
83 Va
12
18
*32%
No par
preferred
Pullman
88 %
83 %
12
30
Nov. 13
Power
El & Gas
div
91
*82%
13
160
STOCK
Industries
cum
12%
29%
*138
preferred series A__50
Service
*11%
*
93
17%
No par
Procter & Gamble
Publicker
*82%", 83%
12%
*89
29%
lo
B
Pressed Steel Car
83%
101
101%
*103
11%
*88
32
*100%
115
11%
93
82%
32
101
*103
V11%
:
*12 Va
*100%
5
class
3,300
40
85
35%
83%
5
Electric
14,900
85
90
Oil Co
Co
30
20%
35%
12
Pond Creek Pocahontas—
Poor
39
300
85
9o
Plough Inc
Potomac
39
96
108
35%
12
Par
Plymouth
39
20%
120
108%
85
83%
B
20%
95 %
*107
1,300
35
*87%
Co
20
1081/4
*
,
410
35%
*11%
1
96
107 3/4
20 Va
93
par
108 %
*95%
*107
19%
*81 %
"
108 %
96
107%
26%
*87
25
*95%
*106%
20
93
—100
96
107%
20 %
*81 %
share
Sep
57
*95 %
107%
100
85
34%
EXCHANGE
10
33%
95%
107 %
100
19%
37%
*83%
108
95
*87
Pittsburgh Young & Ash pfd
(The)
Lowest
21
9
<
*52
*107
107%
19%
37%
100
Pittston Co
.Range since Jan. 1
Highest
Highest
f per share
19%
108
95
52%
100
STOCKS
Year 1947
t per share
108
*93%
*106%
preferred clkss A
100
5%% 1st ser conv prior pfd—100
Pittsburgh & West Virginia
—100
Range for Previous
Lowest
*107'A
1
com
class
1,800
21
100
Glass
preferred
2,000
14,100
21
preferred
Pittsburgh Steel Co
17%
21 Ya
5%
140
Sep
38%
Dec
100
*16%
17
21
Pittsburgh Screw & Bolt
19% May
51
Coal Co™
31% Nov
May
51
16%
.
51 %
preferred—No
Feb
17% May
51%
16%
*99%
—No par
Jan
10% May
52
*16%
52
common
Aug
171
51%
1C
100
No par
42%
Jan
55%
53
2,300
51
55
100
169
67
50
54%
51V*
new_No par
com
203
Apr
59% May
50%
53%
*17%
10o
Apr
114
50
18
100
Nov
8% May
50%
53%
r—3
Aug
7
a
53 %
5
Plate
310
11%-
99%
& St Louis RR
gtd
11%
*51%
common
32%
7%
11%
50 3
Pitts Consolidation
•
11%
42,400
101%
54
Pittsburgh Forgings Co—
.—1 1
Pitts Ft Wayne 85 Chic Ry com—100
14
11%
*100%
52%
100
163%
157
11%
%
53%
-100
165
142% Nov
11%
101
51
;
.
convertible
11%
101%
51%
36% July 15
15
11%
9'/a
25%
53%
23%
Jun
11%
100%
12%
9
*24
49%
Coke & Chem Co com—No par
$5
100 %
*10%
9%
25
No par
preferred
10
11% Feb
100%
12
9
*23%
1,500
30,400
52 %
Hosiery
C
*99%
*10 Va
*23%
200
:
n
%
50
i
Pillsbury Mills Inc
$4
99%
li!
No par
com
Phillips Jones Corp
5% preferred
Phillips Petroleum
Pitts C
90
%
r
17
preferred
3.60% series preferred
8
90
-
340
52 %
4%
13
91
700
32%
105
48%
preferred series A
Phoenix
32%
9%
99%
17%
*104%
31%
12%
9 %
104 Va
17
Philip Morris & Co Ltd common—5
Sep
Oct
Mar 16
Corp
*10%
9%
25
104 Va
90%
•IS
*23%
110
31%
%
13
9%
*39%
105%
25
110
48%
Reading Coal & Iron
3%%
3
85
Jan
*10%
9%
♦109%
No par
common
preference
&
%
110
51%
preferred
Jun
14
*109%
1
—
preferred-;
preferred
20
div
92
•IS12%
9
.-*23%
110
.—25
preferred
Jan
91
25
Jun
11%
—
104
35%
Dec
11%
5
No par
$6 preferred
Jan
16%
Jan
99%
Inc
Philadelphia Co 6%
103% Sep
Dec
*98%
Co
Co
&
Aug
109% Aug
10% May
21
100
92
*11
9
25
*109%
31%
%
12%
87/a
*23%
Corp of America
(Chas)
Phila
*10%
110
106
92
3<j.
No par
preferred
Pfizer
92
92
100
*109%
_—33%c
Phelps-Dodge Corp
Feb
Feb
110
.||
Ry Co
Pfeiffer
111%
95
100
common
2
Dec
Dec
pfd—i
Peoples Drug Stores Inc
Peoples Gas Light & Coke
Rights
14% Feb
97%
21%
A
Pepsi-Cola Co
40% Feb
400
3,900
29
17%
Pet
47
*28
*109%
17%
5
50
20%
29
17%
7
Jan
20
'
♦28
17%
6
Dec
20
19%
29
17%
20% May
24% Jan
Mar
19%
19%
*28
17%
Oct
59
19%
29
17%
18
62%
11
17%
Petroleum
48%
11
17%
17% Jun 21
Dec
10%
17%
11
Apr
8,200
10%
18
9% Feb
May
46%
11
17%
Dec
36%
49%
28%
46%
17%
30% Jan
20% May 15
64% July 12
28 %
40 %
17%
12
Jun
28%
46
17%
4
104
28 V*
46
17%
9
28
28%
45%
17%
9
98% Oct
28 %
2,700
1,500
17%
8% Nov
Jan
600
13%
17%
24 % Nov
34% July
May
300
7%
13%
8
17%
17
21
26%
7%
13%
17%
10
21
19%
*28
*26
13%
17%
10va Feb
Oct
19%
29
*28
*7%
*109%
RR
86% Feb
112 Oct
*11
8
13%
13%
50
Light Co
Pennsylvania
Feb
99
19
11%
*7%
*101
102%
No par
Penn Power &
Nov
23
Corp com__No par
preferred
*10%
X26
8
*101
100
22
45% Jan
Glass
Feb
22
27%
%
51%
May
26
*26%
45%
Jan
6
26
27 %
28
22
30
26%
*26%
45%
Dec
Nov
4,100
28%
Dec
55%
2,800
45
May
Jun
400
2 Va
25 Va
28%
10
Dec
42%
2 %
25%
29
22
81%
42%
2 V*
25%
45
28% Sep
45%
43%
2 %
25%
2'/a
25 %
44%
109% Oct
Feb
*42%
2 Ve
25%
2%
25%
29
Jan
103
42%
2%
25%
2%
25%
No par
Apr
Sep
42
2Va
25%
No par
36
118%
"30
Penney (J C) Co
Co
21
20,600
1
Corp
*20%
21%
49% Jun
Coke
8,200
21
102%
16
&
7%
21 Va
27
Coal
230
7%
42%
*41
13%
Enterprises
95%
21%
7%
&
*20%
95%
7%
7%
21
2,700
95%
21%
13%
Transportation
Mines
7 %
3,700
21 %
7%
Patino
*94
102%
13%
Parmelee
58
41%
20%
*101
7%
18
15 V*
♦57
4
20%
13%
117
Dec
*20 %
13
Dec
111
*26%
No par
2%
25%
21
101
20%
42
7%
27%
7%
Sep
Oct
2%
25%
2.50
101
7%
13
29
*
1
No par
Co
*93 %
*7%
X107
15 %
Mines
;
Proof
95
5
38 % Feb
Apr
Consolidated
*14%
57%
95 %
57%
*39%
15 V*
57%
57
94
20%
41
*14%
56
100%
41
15%
*14%
19 %
l
22,500
15%
100%
20 %
8%
94
*20%
102
8 Va
58 %
21%
20
8%
57%
*20%
*100%
8%
*14%
21%
1
8%
15 %
7%
100
16,300
8%
7%
Inc—T
4%
8%
7%
*20%
4%
8%
7%
7
No par
4%
8%
*93%
56
2,100
4%.
4%
Penick & Fordi
48%
Feb
*14%
3%
41%
4%
15%
Shares
3%
4%
93%
the Week
I per share
41%
4%
7
May 17
10% Jun
Feb
8%
Sales for
41 Va
42%
55%
preferred
Parke Davis & Co
Rust
4%
3%
4
41%
Jan
10
24
28 % Nov
9
11
4%
8%
3%
Friday
>
i per share
I per share
4
37
6% Mar 16
15% May
Nov
13 % May
18
May 21
convertible
Jan
38 Va
Sept
38% May
38
4%
8
25
Nov. 19
i-
Nov. 18
41%
93%
Park & Tilford Inc
Jun
4%
41
41%
55%
com
2
14%
Dec
7
105
Inc
41%
*14%
Paraffine
Cos
41
Transp—5
&
11% Jun 21
11
2
41
3%
Thursday
Nov. 17
t per share
4
4
Wednesday
v
Nov. 16
I per share
4
j
Tuesday
Nov. 15
4%
8%
28
May 27
Monday
,_2%
Corp
11
34%
8% May
3234
10
No par
Petrol
Jan
Jan
*3%
1
12
11
(2133)
RECORD
Nov. 13
■
I per share
Panhandle East Pipe L com__No par
4% preferred
100
Panhandle Prod & Refining
1
Oct
May 17
43
Dec
28 V* May
Car
18% Feb
Jan
4%
Dec
e
97
Jan
53%
Sept
331
July
32%
Nov
Motor
American Airways
21% Jun 21
July
55
Dec
%
Packard
Pan-American
Jan
.'
<•
Pacific Tin Consolidated Corp
Pacific Western Oil Corp_
Pan
00
5
Saturday
■
Par
11% May 21.
40\4
May
6
62% May 21
5% May 17
13 % Mar 16
18
CHRONICLE
LOW AND HIGH SALE PRICES
EXCHANGE
$ per share
8%
13
STOCK
NEW YORK STOCK
'
r
Highest
1 per share
Feb
7
YORK
FINANCIAL
STOCKS
Year 1947
Lowest
&
35 %
33%
35
29%
30%
10,500
30%
29%
30%
29%
29%
29%
29%
29%
30 Va
28,100
106 %
106 %
106'A
♦106 %
106%
106%
106%
1,000
28%
28%
28%
29 Va
*21 Va
21%
21
21
;
.—
Purity Bakeries Corp
100
107
No par
25% May 25
Radio Corp of America com—No par
29%
107
*28
29
21
21
*106
28%
*27%
Quaker State Oil Refining Corp__10
15
107
x35
*20%
21%
<
106
1
i
28
23
♦20
21
26 Va
27%
*20
7,800
26%
11,200
28
1,000
21
200
R
10%
71'2 May
68% Dec
8%
7% Feb 20
Dec
Feb
63% Feb
11
75% May 27
Jan
6% Oct
7
11% May 19
105% Mar
89
Nov
10
98% Jun
4
Sep
30
34% Jun
18
Dec
22% Feb
20
x36
Feb
31
41
Feb
28
17% May
32
32%
38%
Dec
Nov
9% May
28
35
20
27% July 12
36% Feb
31
July
18%
Oct
11
Jan
16% Feb
39
Dec
96
July 28
22% July
48% July
16% May
33
17
80%
28% May
37
Jun
15%
Dec
94%
Feb
May
Feb
108%. Mar
16%
Feb
,
May 17'.
24
45
Apr 27
Feb
16
39
Jun
10% Feb
24
15% May 27
101
Jan
21
106
11% Feb
11
18
Nov
2
16
May 21
1st
$3.50
preferred
No par
Radio-Keith-Orpheum
Ralston Purina Co 3%%
Raybestos-Manhattan
1
—
Rayonier
$2
pfd
4%
Reis
(Robt)
preferred
Inc
14%
Nov
29%
Feb
21
Oct
6
25% May 21
Reliable
Dec
17%
Feb
9
Nov
3
13% May 24
62
Dec.
84% Feb
55
Nov
10
66
Reliance Mfg Co common
Conv pfd 3%% series
9% Nov
17
15% May 21
12%
Dec
96
Nov
24%
Jan
4% May
3% Dec
9%
"
17
Aug
102
14% Jan
Aug
7
4
Jan
94
Nov
6
33%
Oct
15% Nov
19
29% Jan
7
9%
Jan
6% Feb
10
13% May
8
8%
Feb
2% Oct
13
5 % May 20
6% Oct
15
11% May 21
22% Feb
11
99
Aug 24
Dec
15%
Feb
22% May
30%
Feb
Dec
113%
May
Jan
5
111% July 14
May
24%
Feb
15% Feb
10
21% May 15
Apr
82% Feb
17
101%
14
91
Dec
110
For footnotes see
page
103
28.
33% Oct
102
Oct
23
21
$1.25
div
prior
Stores
preference
Motors
11%
12%
70
70
70
89%
89%
7%
7%
45,000
600
7%
7%
90
*90 Va
91 Va
100
*21%
29%
200
13,700
*28
30
*28%
29%
28 Va
28%
*29%
29%
29
29
29
29%
29%
29%
28%
29%
27%
28%
23
28
32%
32 Va
32 Va
1,200
23
23
2,900
*28%
30
89
89
*89%
91
90
32%
32 Va
32%
32%
32%
32%
32%
32%
32%
50
21%
217/s
22%
22%
23
23%
23
23 %
22%
23
50
*42%
42
42 Va
50
.
43%
42%
43%
*42
43
*42%
*42
37%
*35%
37 %
*36%
37%
*36 Va
37%
♦36%
37%
*37
37%
*11
12%
*11
12%
*11%
12%
*11%
.12 V2
12%
12 Va
*11%
13
100
*103
2,900
42%
*35%
5
106
*12%
13%
Inc
10
9%
No par
*21%
23%
5
Corp
Remington-Rand common
$4.50 preferred
Reo
11%
70
7%.
*104
13%
108
13%
106
13%
106
*104
13%
13%
9%
43
106
13%
105
13%
105
13%
=■104
13%
400
100
106
30
13%
2,900
500
& Co—
Dec
13
11%
69%
7%
89%
;—50c
10%
9% Oct
11%
69
7%.
25
20% May
12%
11%
69%
7%
*87
:
common
non-cura 1st
Bros
11%
69%
7%
11
1
4% non-cum 2nd preferred
Real Silk Ho^ery common
7% preferred
Reeves
7%
100
Inc common
Co
11%
68%
7%
11%
69
*67%
No par
preferred
Reading
11%
68%
7%
11
,
*9%
10%
_100
—50c
;
25
1
*55
10%
*88
16%
9%.
'
56
10%
93
16%
9%
*21
*9%
*55
10%
*88
16%
9%
23
10
57%
10%
93
16%
*
9%
*21
9%
*55
10%
*88
16%*
*9%
9%
*9%
23
21%
21%
*21%
10
*9%
10
57%
10%
93
16%
*55
9%
*88
15%
57%
10%
92
16%
10
*55
9%
9%
*9%
9%
23
*21 %
22%
100
10
*9%
10
400
57%
9%
*83
92
16
16
*55
9%
*?8
57%
10%
22,400
92
15%
15%
3,400
Republic Aviation
Corp—
1
7%
7%
7%
8%
8
8%
8
8 %
8 Va
8Va
8%
8%
5,700
Republic
common
50c
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2,100
preferred
10
*6%
6%
6%
6%
6%
6%
6%
6%
6%
6 Va
6%
6%
3,200
30,900
$1
Pictures
convertible
Republic
Steel Corp com
No par
6% .conv prior pfd series A
100
Revere Copper & Brass com—No par
5%%
preferred
100
28%
*104
16%
*98%
29
28%
106
105
17
17
100%
*98%
29%
105
17%
100 %
29%
30%
29%
29%
x27%
27%
28 %
*104%
106%
*104%
106 Va
*104%
106 %
106 Va
106 Va
16%
16%
16%
17 Va
*99
17%
100
16%
100
17
100
100
28
100
*99
200
17
100
3,500
/
30
NEW
Range since Jan. .1
Year 1947
Lowest
.Highest
t per share
6%
Dec
11%
Feb
19 %
Jun
39
Jan
90
May
124
Jan
9
May
16%
Feb
36% May
44'%
Feb
34 % Nov
50%
Dec
5
Nov
104% Jan
Mar 19
'.92
41'A Jan
10
May
.45
Nov
19
50
Jan
Feb
80
Oct
14
94
Jun
25%
Feb
18% Nov
10
24% May 18
13%
Jan
18%
Dec
31
Feb
5
51/8
5%
22'A
22%
22%
*102
103%
*101%
15% Mar
17
42% May
68%
26 'A
Feb
Dec
26%
*19%
20
5
9% Nov
July 12
.23%
Oct
,4%%
27% May 27
,72
Jan
Royal
6
Ruppert
26i% July
17% Oct
107% Sep
55'%
Jan
39% Feb
24
61% Jun
9
St-Joseph Lead—1—
12%
Jan
8% Feb
11
16% July
6
St L-San- F Ry Co com v t c__No par
5% May
;
19
May
37%
Dec
Dec
68'A
Dec
60%
Dec
11
139% May 28
29
Jun
12
Oct
8
Feb
13
80
Dec
98% July
Safeway Stores
5%
48% May 15
2
Jan
*,
v58
9
2
16'
Jun
Jan
67
Dec
113
,
32% Feb
18
66
57
21% Jan
21'
;,79
101
Preferred
5%
St
13% May 27
series
5%
A
13%
Nov
83 %
Dec
17%
6%
11
44
Apr
t c—100
3.35%
Co
preferred
Dec
16%
8 % May 15
14% Jun ,1
9% Mar 16
94
Feb
26
Dec
30%
Apr
5% Mar 17'
Feb
Feb
Jan
110
26
Nov
30
Feb
104
Jan
9
36% Jun
*
19%
19 'A
18%
19
3,200
58
59%
10%
60
61
59
60
59'A
59%
10%
10%
10%
10%
10
10
17'A
17%'
109
109%
10%
17%
171/4
109
10%
41%
-
110
50%
&
9
9%
9'A
85
*84%
85
9'A
9'A
85
9%
84'/2
34%
9
Oct
11
46% Oct
22
Sharon
Jan
17% Feb
11
27% Jun
10
Feb
68
25
14'%
Dec
21%
Feb
11%
Dec
22
9%
2
9
13% Oct
20
15
Shell
Feb
Mar
5% Nov
10
Feb
9
.35% Mar 13
39
Apr
14
May
18%
Dec
15
Mar
117%
Dec
92% Feb
23
Oct
65
15
<
Feb
18
10
,84
39%
,29% May
87%
Dec
23%
Dec
Oct
25 % Oct
23
3
39'/2 Jun
18
90
19
29%:Nov 10'
81
,102%
Jun
351/2
Jan
17
17%
Dec
14% Feb ,11
5 %
Feb
3% Nov .12
8%
Jan
5% Mar
Nov
54%
Apr
14% May
22%
Jan
56
Jan
36% Mar 17
42%
Dec
36% Nov
341/2
Jan
Sep
491
•.
13% Mar
;
96
t
3 % May
5%
42
Oct;
40'%
Nov
27
Dec
22
.July
34%
.39 r
9
9
' Jun
16
5
May 17
8% Oct
.
17
22
451/2 Aug
7
•
■
104% Jun 14 '
4
Feb
Jun
July
Jun
23
5-
xll% Nov
Apr
98
26
12
Nov
52
37 % May
9
Sep 29
Nov
13
13
29
29%
27,800
par
49%
48%
300
/
*43%
*38
90
*88
89%
38%
*87 34
83%
*131/4
13%
13%
13%
13 '/a
13 %
13%
13%
13%
13%
13 '/B
13%
100
*81%
83
81%
81%
*81%
83%
*82%
84%
t c__No par
19%
19%
20%
20 %
20%
20%
20%
20%
v
A—
100
.58
1
*58
58
17
No par
'
58
58%
88
*57%
58%
17
171/8■
17
'
17
*1.7
39
38%
39
*37%
*7%
7%
71/2
7%
38 'A
38%
38%
39'A
39%
40
11%
;li%
11%
ii'%
11%
11%
1
8
*5%
1
JNo par
*5%
6
11%
*98 %
26%
36%
27%
28%
60
6
Oct
22 1
16% Jan
.9
8
43% May 24
,68
15
42% Jan
15
78
*76%
78
14
GliJ:
No par
*10
10%
A)'Pen
1
11
50
58% Feb
20
"70
July 12
73
Jan
69 *
Aug
11
Oct
13
%
9
Jun 23
6
—
Range since Jan. 1
Lowest
*35
_No par
22
.—15
.
*114
5%
31
preferred
.1100
—
„i
Solvay American Corp .4%
Amer Gold
South
Caroliria
5% "
E
preferred
5%%
.
&
Co
G
16%
pfd_l100
50
21
25%
25%
*30%
32
31%
31%
31
31%
31%
*82
83%
*90%
91
16%:
3%
3,200
7%
77a
8.
5,300
45%
45%
*43
45 %
53%
53%
55
55%
400
12%
12%
12%
12%
12%
2,900
41'/2
42%
42%
42%
43
42%
42 %
1,900
38%
*36.%
38%
*36%
13%
40 %
41
41%
*38%
'27%
___No par
50%
51%
common-_No par
41%
41'A?
61%
62
*61%
*69%
71
69%
■
28
?
27%
27%
27,%'
'28'A
37%
50%
51%.
51%
52'/a
41%
41%
42%
62
61%
61%
69%
69
69%
*
51
61 %
*69
Saturday
Monday
Tuesday..
!
70%.
2,300
28%
8,400
517A
52%
19,609
41 %
407
,61 % V
61
*69"
70%
*69
EXCHANGE
:
Nov. 15
.Nov. 13
»
,
,>
Nov. 16
1
42
7,300
62
a
62
/,
1,100
70%
80
Friday
Thursday
Wednesday
.
•
•,...••
300
28
23
51%
.40%
,
'
33%
27%
28%
SALE PRICES
LOW AND HIGH
STOCK- 1
42;
61'At
,
*36%
200
27%
.
51%
51%
41%
.
.
38%
27%
28 %
411/4
.
400
55%
55 %
*12 %
27
48,000
97%
46
46
*53%
12%
28%
T7%
12%
*45'A
54%
12%
37
17
*54'/2
46
*52%
23'A
400
*45%
*45
27%
50
450
.17%
3%
7%
36%
.
17%
*96%
.7%
27%
32%
93%'
93%
'
3%
7%
27%
*82
83%
17
7%
28%
2,200
97%
7%
non-cum preferred/——100
Mobile & Ohio stock tr ctfs_„100
,
NEW YORK
.
7%
28
31%
16%
97'
.7%
27%.
25
7.50
1,700
3034
7%
17'A
7%
'
1,100
25%
31%
-
3%
54
4,200
21%
17
3%
46
115%
21
93
3%
'12%
200
43,400
; 25%
17
3%
*44"
2,800
36%
23
97
16%
97
'
98
2,500
2,000
25%
93
3%
37
"
17'A,
*94%
92
T7'A
3%
98
5%
*35
21
*82
.'82%
%
*17
3%
*36%
Co—
91
17 'A
*95%
41
Railway
91
17
17%
82 %
83%
91
*17
.3%
*40'A
5%
*82
'
*20%
98 %
South Porto Rico Sugar com_No par
8%
preferred—
25
Southern
114%
25%
12'A
Edison
114%
9,800
4%
27
22%
20%
*52%
Southern .Califpryiia
35%
22%
26
5
preferred—
Greyhound Lines
35%
22Va
21%
17%
"5%
36
25%
,17%
.39%
,4'A
26
1_50
conv
Southeastern
5%
1,300
;i4
33%
26%
21
17
*13
4%
33/b
.
13%
39
114
1,100
10
26%
21
16%
*95
com_4.50
—
..
97;!
4%
116
3.300
r
23'A
79
22%
115
38
37%
23%
10
5%
100
4,000
*71i%
26%
,
3,200
27%,
79
38
25%
r-
:91%
17
Platinum——1
&
>
83%
*82.
Socony Vacuum Oil Co.inC———_15
*21
•
5%
*34
37 'A
*13
.
4%
26%
.22%
116
'
5%
4'A
26%
36
115
*
•
-
1
23%
22%
13%
101
27%
23%
10
38%
11
*991/2
37%
10
200
6'A
,"*5%
XlO'8
,
28%
*76%
.
'
23%
23%
'
'A
11%
28
78
37%
6
-
•
*99% .101
37%
23%
27'A
*34
;
•
31
*90'A
_i—100
Smith & iCorona Typewriters-No par
37%
4%
27
,
28 3 a
*76%
5'/2
4%
.
117
*115'/2
25 %
Smith (A) & Sons Carpet Co com__20
5%
•
>
35%
25%
11%
*13
22%;.
20 34 '20%
*5%
133A
35%
—20
5%
11%
38*/B
22'/8
—10
(AO) Corp_—
2,300
35%
35%
115
700
25.400
11%
*12%
.22 %
,
7%
40'A
11%
10
4
7%
39%
10%
4%,,
7'%,
11%/-
*10
27 A $.{»
26%
'".,7%
39%
78
5%
4%
4%
27
Sloss-Sheffield Steel & Iron
Highest,
\
5
5%
4%
%
*26
2,800
58%
11%
*76'A
37%
2,700
39
39V-.
14
36%
17%
38
11%
10%
*12%
14
36 34
*5%
5
,_No par
—
,
STOCKS
•
•
36 %
.No par
Co
Range for Previous
Highest
*12%
15
Co—
Oil
Southern .Pacific
43% Feb
33% Feb
Feb
'
*76'A
62% July
Dec
Jan
Year 1947
231/2
Southern Natural Gas-Co___A
9
77
Lowest
23
10%
'17%
39%
.28
38'A
«
30% July
50 %
81
37%
23
30% July 12
27
50%
Nov
;
*22%
25% Mar 16
Apr
57% May
37%
23
20% Feb
28 %• Feb
May
28
36%
*221/4
No par
.
8
58
17%
38
%
*99% ,101
.No par
37
800
58%
17%
37
'
5%
,100
28
28%
3,900
11%
12
100
100
*7%
10
21%
20%
39%
-11
6
11%
11%
*98%
27%
*5%
6
11%
11%
100
7%
10
2,300
,,84%
*83
20%
58%
38%
5
84%
20%
17%
38%
49
*33
58 %
17
5
J
49
38%
-
38%
—No par
Co__
49
*48'A
_No par
South
2,500
*87%
49%
—
preferred
.220
,
13%
29 'A
Smith
31/2 %
85
*■_
*"84
;
13 '/a
29
88
Col.
4.20%
.85
13
29%
88%
Skelly
351/2 Jun
'
13
*87%
21
9
*84
20
14.600
.9'A
49
Sinclair Oil Corp
11
85
9%
9%
88%
8
Feb
91/a
28%
King Coalition Mines-
Oil
9 %
88
21
Jun
%
*87
Jan
160
41
41%
*87%
Simonds Saw & Steel—
:
3,900
41%
*48%
Simmons
44/
41%
41%.
88
321/4 Jun
11-
9,200
88%
May 15
24% Nov
May
Silver
.71/2 May 18
36
11%
12%
Corf) of America—-•-1—1
Sheraton
5
,7% Jan-
5
26% Nov
Feb
'51
4% Feb
Jan
6%
41 ;
10%
28%
common^
(Frank
Union
11%
7,000
28'A
pref series A—
SheafferAW
46% Jun
12
Dec
6% May
4
Apr
27% May
Shattuck
15% Jan
;28% Feb 11
Feb
35%
24'% May
9% Nov 19
10%
*87
Corpi—
conv
3,400
:i2%
Gas
Sharp & Dohine
82
$3.50
50%
12%
'
40%
33%
Dec
Apr 21
400
50%
17%
109%:
28%
—
&
May
78
17%
llO'A
50
11%
"
41
17%
*109%
49
*87%
Co
preferred
Steel
1,000
12%
Serve! Inc commoih
18
Feb
900
10%
10 %
49%
10%
421%
60%
*59
88'A
series
70
24% May
17%
;1093A
11%
41 %
42
17%
110%
x49
50%
11
11%
17%
109 %
17%
109%
50%
50
.41%
.41%
*59%
'
10%
27'A
1:
Oil
20
89%
Refrigerator
Shamrock
19%
12%
Seiberling Rubber Co
2
20'%
49%
of Del—
Co
Roebuck
$4.50
SO 'A
.26%
_r
Seagrave Corp
31
20%
0,800
12%
Finance Co—
16%
Dec
19%
*47%
Oil
preferred
Sears
19%
*87%
Seaboard
Seeger
6,800
*87'A
Seaboard
4
400
24'A
100
14
25
26'A
26 %
pfd___•
20% Jun
8'/a Oct
26%
24
No par
_i
3.65%
59% May r6
5%
10%
26
24%
26
*25
26
(The) cominon__5
preferred
Mfg Co
Scranton ,E!ec
10%
26
5
.Paper Co common——NO
$3.40
scovill
12% July 12
10'A
3 0%
24
10%
1.75
19
.431/8 Nov
10%
94
Seaboard Air Line com
Mar 25
10%
113
11
5
3,500
10%
10%
10%
113
26% July 6
62% Jun '7
31% Feb.
5
10% Apr 29
300
5 'A
*91
10
.
15,300
20%
5 Vb
94
Feb
Feb
27%
*19%
5%
.113
15%. Feb
Feb
26%
19%
5%
*112
35% Feb
10%
27
19%
5'A
'*91
Feb
16%
26%
19%
5%
94
Nov
,40% July
27
19%
5%
113
19%
10'% May
20%
12
Oct : 7
13% Feb
26%
19%
*91
55
Oct
101
87
79
Feb
28
5
*107
43'A ,Dec
Dec
5% May
30% May
11
24
Nov
98 % Mar
Mar
23
9
.7
15"% Jun
23
24%
Jan
26%
*19%
26%
10%
pfd 4.401% series Ai—,™*_100
Arms' Corp
__5
Scott
May 27
3
Jan
18%
U1/4 May
39% May
51
95
27%
70
24%
;17%
Savage
93% Apr
2,400
9,600
24
*25%
50
Schenley'Distillers Corp
39% Mar 10
1,700
19%
94
151% Aug 24
Nov
5
t88
88 'A Feb 13
84
18%
113
35% May 21
f
84
18%
*91
5
Sep
84
18%
-44%
*107
10
Jan
83
19
46
93
18
49%
45
84
18%
*44%
110
Feb
103%
45
84
19
*91
8% Feb
102% July
46/
83%
19
110
25% Mar
Dec
46
33%
19%
93
Feb
Dec
46
110
Jan
Dec
200
36?a-
*90
11%
90
36 %
*107
55%
92
36%
1-000
6%'
Co__'_100
7% May
40 y*
"6%
*25
50
Regis Paper Co common—1st
36
6%
6%
preferred———_100
non-cum
23% May
91% May 20
36%
2,400
-
24%
*109
v
:
13,700
5'A
23%
102
6%
36%
46
5
10%
26
——5
—:—_10o
Louis Southwestern Ry
St
16
Jun
_•_
26%
"22%
lu
common
preferred
-6%
"
1
102
58
5
114% Mar
Jun
40
*6%
36%
5%
23 Va'
102
102
'
*9%
No par
Dec
108
6%
3b'A
103
23%
19
Dec
x20
*101%
Jpe. share
5%.
23
23%
22'%
1
(The%
5 %
22%
23
*25%
2
(Jacob)
'18%
10%
25
;
Typewriter
*Ruberoid Co
May 28
,18%
9
preferred
conv
Ronson Art Metal Wks Inc
U
*10
5%
22%
101%
Shares
"
5%
101%
6%
36
5
Corp,
$ per share
for
the Week
Nov.
(Nov.,J 8"
$ per share
22%
5%
23
Sales
Friday
Thursday
Nov. 17;
19'%
*19
*4%
Oil
Company
Roan
29% July 12
8
Mar 16
t'54 % Jan 22
Oct
17%
2G%
—No par
Ritter
Oct
24%
Sep
_____No par
Antelope Copper Mines__"
Robertshaw-Fulton Controls com__l
Richfield
15
5%
23
*.
103
Wednesday
84
84
19%
21
12
46
84
18%
Jun
7% May 21
19% Feb 14
19%
*82
;
_
3.60%
6%
35%
*44%
6%
35%
%
*44
1
Jun
Nov
20%
Dec
10
____100
28
5
'
35%
series
49
17
4% Sep 29
-
6%
Manufacturing Co
Preferred
15% Jan 26
6% Feb
18
Common
Rheem
19% Nov
*
10% Mar
com
PRICES
SALE
HIGH
,S per share
5%
*22
1
Apr
ft per share
2.5U
No par
8
Dec
AND
Tuesday
Nov. 16
»
.
convertible.preferred
100
Reynolds Spring
'
1
Reynolds (R J) Tob class B—10
2
LOW
-
Nov. 15
$ per share
5%%
,11% May 26
6% Nov. 1-6
19
Sep
Monday
,Nov. 13
Par
Reynolds Metals Co
5
85
55/a
Saturday
•
»
(Rexali Drug Inc
8
May 15
291/2 Apr 22
9
45
23% May
RECORD
»
STOCK
YORK
EXCHANGE
«
Sper share
9
•
19% Nov
NEW
Highest
,
$ per share
$ per share
104
STOCK
STOCKS
Range for Previous
Lowest
YORK
7
"
.Nov. 17
•
Sales
Nov. 1!)
Nov. 1H
-
for
the Week
*
.$ per share
;$.per share
15
"20%
May
Feb
14% Nov
4
tper share
20% May 20
9
"
7%
Feb
May
14%
Jan
Dec
93%
Jan
Sep
31'/a July
.63
Aug 25
)22 % Nov 13
29%: Jan
2
24%
,20% Feb 20
30% Jun
18
4 % May
8
73
S per share
.
23%
•16% May;
Oct
17'A (Feb
Feb
May
8
5
Dec
;1,3% May
18%
27
Nov
99
Nov
112%
37%
Jan
Dec
102
5
$5.5o preferred—_'—
95
Nov
12
x21% Nov 10
79% Oct
18% Nov 10
Feb
86
89
May
125
Feb
50% Mar
63
July
18
Feb
11
97% Feb 27
104
Jan
29
29% Jun
3
91% Jun
10
27 3a May: 15
109% Oct
22
121
Oct
22
73
Jun
15
53
Jun
Dec
*62
23
23%
23%
23%
26%
27
26%
27%
8%
8%
8%
Conv
$4
$4.50
prefer-red
preferred——
$3.50
Brands
$7
preferred
16
Standard
Oil
of
Standard
Oil
of
35
Jun
14
Standard
Oil of Ohio
Jan
89
97% Jun
11
3%%
Indiana
New
_25
Jersey-
Feb
11% Feb JO
15% Oct 23
41%
Jun
49
Feb
38
Feb
11
43% May 11
37
May
47
-Oct
37
Feb
16
41% May 26
Starrett Co (The) L..S——"
12
May
1
34
Dec
88
Dec
30%
Nov
13% May
14% May
19%
Jun
-10% May
16
May
10% May
105
July
•51
May
114
Dec
7%
Jan
18
Jan
49
Jan
•11% -Mar
8% May
17% May
101%
Jan
15% May 21
Sterchi
39% Jun
8
97
7
3%%
25% Nov 13
36% May 21.
Stevens
12% Feb 11
Feb
10
Jun
Bros* Stores'
16% May 26
Stewart-Warner
Oct
-10% Nov
10
18
Jan
2
Stokley-Van
21%
Jan
24
20
Jan
8
17
Feb
25%
Feb
16% Mar
15%
Feb
109%
Apr
75% Mar
125
12%
.Oct
45%
160
May
24%
May
47
21%
For footnotes see
Oct
46
Oct
20
50% Mar 19
113% Jan 31
9% Feb
Sep
11
45
7
981/2 May 25
70% Jun
9
120
July
1
15% May 24
21 % Jun
9
26% Jun
21
9% Mar
.18% Feb
140
Feb
1
11
<14
Mar
1
page 28.
8% Nov
43-
July 13
11% Mar 31
28'A JUn
235
Jun
9
17
&
1
19%
99
99
106%
107%
61
40'A
40
£7%
J2 %
♦
V
*
.
109
113
112%
113
40
10
15,700
40%
22,300
73 Vs
30,700
27
11,200
39%
73%
73%
73%
'26%
27
'26%
27%
26%
j
92
*91 'A
92%
92%
*93
12%
412%
'12%
12%
12%
12%
*40
38 %
37%
37%
*37%
13
92
12%
13
*40
.41
13'%
13
13
34'A
x33%
*87
*12%
34'A
9T
91
34'A
400
2,300
*40
40 %
300
39
*37%
39
300
12%
*12%
40 '
"37%
12%
34%
33%
*87
90
'
12%
33%
*87
90
13%
900
34
*90
5,900
,
.
5,600
12%
12%
12%
12%
2,600
11'
ll'/e
11
11
2,000
16%
16%
*15%
16%
15%
15%
4,200
.23%
20,400
7%
2,200
26%
26%
.
26%
12%
11
26
26%
13'A*
33%
*87
73
40
41
37% ."37%
39
34%
12%
40%
100
2,300
64
-72%
12%
25%
40
13,000
111%
62%
40%
91%
25%
111%
62%
27%
"
12% '• 12%
62%
62%
39%
62%
1,310
*20%
102
74%
*91
:25%
20%
*101
800
82
82
-
73 '/a
91%
*87
20%
102
x26%
40
12%
.'20%
*99V2
62%
*90%
91
20%'
104
i". 39%
40
34%
82%
82%
81
19%
*103
109%
61%
28
*87
_15
.74%
*108
f *r
40%
34%
.
40%
27%
91%
61%
73%
-
81
20
97%
73%
'12%
5
Co Inc
81
19 Vs
*94%
22
26'/a
26%
26'A
*
Corp
Camp
_5
—
Inc
common...
5% ,prior preferred—"11_
Stone
&
Webster
Studebaker Corp
;___i__'
(The).
1
:10%
-
No par
*15%
1
common
No par
—
Biscuits
Inc"
Sunshine Mining Co
Superheater Cp (Tire)
7%
Superior
Oil
Superior
Steel
of
7%
94
673A
.68
*115
1;17
11'A
,
*18
11%
18'A
,
19%
19%.
^——12.50
r_J
23 Vu
*90
.
Class A 4%% pfdi„_r_100
Sunray Oil Corp common
1
4%% -preferred series A_T_—25
4%% preferred series ,B_T
25
Sunshine
15%
'
22%,
,
Chemical Corp common—1
1
$4.50 series. A preferred——No par •
Co
.16%
*16
20
Sun
Sdn Oil
10%
38 'A
_T„10c *
^
9%
22
t—N.o par
California-.—^—25
155..
,38'A
11'A
19% Jun
9
44% Jun
14
Sutherland
16% Jan
19
Sweets Co
Corp'—.
r__50
..Faperu Co—____10
of America (The )__4.l62/3
..
.14%'
*38
8%
'
16'/8
16
16
16
16
15%
15%
16
16%
15%
16%
>15%
15%
23
23%
23%
23%
23%
23%
23
7%
7%
94
*90
67%
67%
*115
117
11 %
11%
7%
*90
68
*115
11%
7%
94
68%
118
11%
/
7%
.
7%
*90
,
-
70
*116
11%
7%
7%
*90
94
70
.24
11%
7%
*90
r
70
69 3A
117%
23
'
94
*18 Vs
69%
*116%
117%
11%
11%
69%
117%
*116
1,000
11%
11%
18%
2,300
18,400
18
18%
18
18 «/8
18 % '
18%
1,900
19%
20%
19%
20%
19%
20
1
'19%
19%
19%
20
6,400
39
39
38%
38 3A
39
39%
39%
39 %
39%
39%
1,900
9%
9%
10 %
x9%
9%
22%
22%
22%
22%
221/3,
10
•9%
22
155
11%
'16%"
2.2
,
12%
13
12%
11'A
11
155'A
155%
159
159
18
150
13
155
9%
9%
22
23
150
'
.Feb 11
37% Nov 17
Oct
11% Jan
1
9
Dec
Mar
18% July
29% Jun
19% Nov 40
34% Mar 2
13% Mar
,24%
6
7% Nov 10
92
>
Sep
Jan
-
(J P)
7,300
80%
*37%
preferred—100
Oct
Feb
.15% Sep
11% Jan
Inc__:
610
22%
80%
*40
50
common—-
96%
22
95%
22%
12%
1
xommon
preferred
Sterling Drug Inc
88
24%
13
Jan
convertible
19%
36%
1
36
14%
Spring
32% Mar J2
.18
32% May
6
4%
Steel
96
95%
22
*90%
No par
Standard
96%
22%
96%
22%
27%
preferred series AlL——100
171/a
*95%
95%
39%
10 *
10% May
23
22 >/8
.73%.
25
common
22%
951/2
96%
4,500
23%
22%
61%
4,500
*23 'A
23
106
120
.16%
23 V8
23
95%
60%
66%
23
,161/2
22%
*93%
No par
66%
16%
-
95%
106
No par
California
66%
16%
23
80%
" 8%
16 '/a
22%
19
3,100
8%
16%
18%
18%
2,400
27%
8%
;27„
8%
,16%
16%
82
23
*66'/a
22%
18%'
68
22%
.27'A
.
67
23
*80%
1
par
*62
.
27%
23
23
66 '/a
16'A
*67
95
,_No par
68
1.000
2,209
5%
671%
67%
•8%:
22%
No par
pref—No
preferred—
.15%
%:5
4%
*5
8%
t16%
*22'A
-
com—_No par
preferred
Standard Oil of
1
*15
5
5%
Shares
87/a
*66'A-
68
16%
No par
Inc
Standard G ,<fe E Co :$4
prior
prior
*66 %
■
—__1—5
D Co
Standard
$6
No par
8%
8%
it per share
15%
-
':5
*5
*62
68
*62
68
24
92% Jun ,15
104% Mar
5%
26%,
13
14
5
5
*5
68
15 %
;'
*
'
5%
25%
36% Feb
Oct
*62
*4%
23%
•*'
"68
5%
15%
*15%
15%
5
5
5
25%
69% Feb 11
24% Feb 27
105
15%
15
4%
22%
27
July
15
*4%
25%
54% Jan
31% Aug
Jan
*62
5%
22%
44% July
Mar
.5
;
S per share
-J per share
"
5
*4%
No par
/
& Sons
80
37% May
15%
S per share
1
Kellogg
Sqitibb (E R) & Sons-common-
2
*15
S per share
Spdrry Corp'-(The)_L—1—1—^
1
Spiegel Inc common.—.1
^—2
Spencer
29% Jan
21% Aug 19
Jan
94
Jan
Square
Aug
63
-
23% May 15
36%
23%
73
Spalding (AG) & Bros Inc.-.—:—1
Sparks WithingtonJ— ul
—No par
1—___i
1
Spear & Co common
,15%. Feb 16'
Feb
114%
-•
25
May 14
May
83
-;17% May
7% Jun
8% May 27
May 15
81
■
,
14
Feb
Dec
9
t per thare
Par
>
;
74
451/2 Jan
23%
Feb 26
Nov
,
/ 7% Mar 16
61 % Mar 17
90%
68%
;
.
'
,150
,15
39%
*14%
15
*14%
14%
14%
14%
*37%
39%
*38
39%
37%
37%
38
38
8%
8%
8%
9
9'A
8%
8%
9
14%
.15
9 1/8
9%
23%
145
10%
3,600
24
4,600
155
1,800
14%
15
*37%
39
9%
9 %
1,100
200
•
1,800
Volume
Number 4753
168
THE
COMMERCIAL,&
NEW
"Lowest
$ per share
Highest
'
LOW AND
37%
Jan
29% Sep' 27
36^/8
Jan
27
Swift
&
Dec
27:/4
Jan
11
12
22
Jan
8
Swift
International
Dec
28'/a
Fed
17% Feb 27
26
Jun
3
Sylvania Elec Prod Inc
79%
Dec
104 V* Mar
91
5% May
10% Feb
80% Apr 21
4% Mar 12
'
10
May
Feb
14
3% May
13% May
7%
Nov
Aug 13
7% May 18
'
9% Mar 16
11% May 21
5% Jun 28
Talcott Inc
19% May 27
Tennessee
53%
Sep
68% July.
52% Feb
*T0Vb
Jan
24
15% "Nov 10
Dec
14
67*
Jun
58%
41
-
Jan
343/4
Jan
13%
12%
Dec
41
•
•
10
Oct
Aug
Jan
May
Dec
,1
>
20
18
59%
* May
94
Jan'
106
*'
85
1
4
Feb
;
21%
Feb
17
44
Mar 16
22%. Jan
May
20%
Nov
7%
Feb
112%
95'/a Jaiu
Feb
15%
Dec
Dec
Dec
'
Jan
38%
Jan
Dec
104
Dec
16
Feb
Nov
51%. Feb
9% May
17%
Oct
Steel
(The)_i
Co
$3.50
$3.75
7
Co
Dec
15%'July
*
58%
9-% May
<
25 % May
15%
45
Roller
Jan,
32% Jan
Dec
91%
115
Dec
106%
27% Feb
Bearing___
Mar
12
103
Sep
Oct
91."
Jan
■
conv
preferred—
Coach
9
Jun
Dec
;i04
Jun,
80
Nov
4
Apr
27
Dec
21% Feb
11
38% July
10
96Va
30
May
38%
Feb
Nov
90
45% Sep 27
31% Jan 26
7
r
20
79%
Jan
24
.
July"
102
25%
Dec
15%
2'2%
Dec
110
Sep
Carbon--"
10
19
110% Jun v 3'
19% Apr-- 2
Dec
28%
120%
24%
Nov,
28% .Jun
35
Dec
27% Feb 20
26%
33%
NOV;
29
,
9% Nov 19;
Apr*.
Apr
3%
'50
Dec
2%
Dec
41
Dec
8%
Feb
83
Oil
California--
of
Pacific RR
Tank
Co
65%
Feb
Dec
'
95
15% Jan
,
Feb
36 % Nov
5
/
•
Nov
55
7
Jan
26
9
May 27
60 Va Nov
15
11% May
82 % Apr
19%
Oct,
16% Feb
13
28% Jun
33
Jan
37% Jan 21
46% Jun
11
20
59% July
24% Jan
20 Va NOV
19%
Dec
12% May
12% Nov 10
48
Feb
Feb .10
22
Lines
$
per
share
91
Dec
23%
106
12% May
86
7%
171
13 %
Dec
37
•
.15% Feb
92% Feb
166% Oct
33%
Janr
Feb
35
Gas
Merch
39
Dec
127%
Fruit
51% July
Dec
81
Feb
61
% May
80
Dec
150
xl7%
Nov
23
38
Dec
5
Jan
8
Jan
163%
9%
Feb
3%
3%
22%
Nov,
12
7
17% Feb
37
Nov
52
Feb
23%
Dec
Dec
192
13%
Dec
•29%
Dec
91 Vb
Feb
Mar
May" 20
6% May 21
12% May 26
4
6=
8
98% Jun'
■
6% Jun
9
15
23;
<
Sep 22
34
Jan1 21
16
Feb
20
4
1
19
Feb
56%
Nov
24
19% Jan
42%
150
13
Jun
17
Mar 16
10% Jun
11
Feb
23% June 8
Feb
17i
6
7%'Sep 28f
49
Nov
15
170
M&y 22
15% May 21
70
44%
3,600
10 3 8
10%
10%
10%
10%
IOVb
10%
IOT'b
10'A
10%
10%
10 %
1'8V» "
18%
18%
18%
*18V4
18 %
7Vb
7 Va
7'A
17 Vb
7%
98 34
99%
99
15'A
15 Va
15'A
19%
20
,19%
7
98'/4
'32%
99
14 Vb,
.
*98Va
14%
16
19%
19,
19
,
22
Feb
14% Feb
18%
Feb
10% Nov 17
Dec
21% Feb
12% May
20%
Jaii
26%
Dec
39
Feb
84
Nov
94%
Feb
85 %
Nov
94,
For footnotes
Jan
see
16
12
% July 19
X20V4 Nov 10
86
86
page 28.
10
May 20
27% Oct
*.
>
3A
'
——-—5
U
U
U
,No par
13 %
32%
32%
*32'A
34
*32
*97 VA
99 Va
*97 Va
99
5 Vb
5 Vb
5 Vb
26
7
7
7
13
9%
29
*2b
*5
26
26
7
7
*25
*90
7
7
9%
10
47'.
46%
47
46'/a
47
13%
13%
13%
13%
13 Va
13%
29%
103 Vb
29%
37 VB
37%
*
10
47
*90
95-
*81
82 Va
-29%
'
81%
29%,
30
29 Vb
82%
82
85%
46% ...46%
46
46%
35
343/4
35%
35%
24%
24%
*106
24 Vb
25
24%
108
10Va
106
11%
*65
106
*65
'
20 Vb
*20
8%
29:
32
2%
35
U S
2%
2 Va
29
%
1
S
106
6'/4
*5%
*60%
39%
39
*39%
50 Va-
50VB
20 3
20%
127/b
t;
b
par
r
I per share
'■
95
16 %
/"
41%
6
62
*5%
171
9
'
*27
-
63
21%
40
39 VB
39 VB
*39%
51%
20%
12%
Thursday
*7%
10
*5
9
*43
*83Va
41 %
common——_I0
;.
8%
*56
26
26
27
*85
87
129
J 39%
! 67
_10o
133%
39 \A
39%.
:
66%
No par
18
,73%
73%
133 VB
fl8
38
—25
*88
—No par
United Wall Paper Inc common—2
4% conv preferred
-50
3%
38%'
[24Vb
16%
*20 Va
8%
preferred———
Universal
4%%
Pictures
Co
Inc
100
com—_1
preferred
100
*154
r
8V4
I
5
8 %
16
15 %
-3%
Vanadium
Corp of America
No par
19%
3%
3%
*251
87
42
; 130% /
40
"
65%
3%
5%
5%
20 Va
154
153
8Va
50
,
8%
20%
153
-
-50%
51
'*86
90
13
95
JUli
4
5%-
non-cum
T34%
135
'
18%
*38%
9'Va. V.
9VB (
3%
(
20%
20 V4
20%
*86
'
*86
20%
4,000
40
4%
4%
400
9'A
9%.
9%
9%
2,100
*88
89
88
88
.
3%
3%
28 Va (
16%
*24Va
28 Va
27
17,
17
500
27
*16%
17
: 16%
5 Va- •:
*20 Va
440
5
5%
21
155
8%
8 VB
k
5%
3%
6
*20%
5%
21
8%
*154
8%
8%
3,800
100
700
5%
*21
157
*154
3%
2,900
21'A
,
400
157
30/
8%
51
20 3/4.
20%,
■•
*50
50%
49 Va
*
5.300
51
10%
20%
20%
10%
-10%
21
21%
*23
23%
*12%
13
13
13
2,400
21%
20%
21%
2,200
•
11
11%
*23
23%
13
20%
20%:
20%
21
21
*86
89
*86
89
*86
89
*86
90
*86
90
*86
90
*86
89
-
90
-
1.800
24
12%'
901
,
10%
V
*23
r123/4
*86
230
■'
20%
12%.
90
-
2,509
18%
18%
3%
(
400
41,000
135 >A
135
39'A
<*25
.
3,000
73 VB
*4%
89
470
*
66
72 VB
-40
6,000
•-
40
*65 Va
72%
18'A
*50
12 7/b
preferred^.———100
Feb
39%
6(1/
39'A
,
,
42
128
4V8
■:
^55
,
8%
12%
90
20%
41%
127
72'A
<
100
7,200
88
39V4 ; 391/4
18 Vb
1,500
26%
•
12%
*86
*86
39 Va'
18
f
3.%
10%
L—2.50
.87
X4LV4
41'%
x 128 Va., 128'/a
•
*65%,
'
134%
*38%.
28'/a
16 VB
20%
49
-
23%
com_100
5
66
73
*88
10%
Co—
;
9
26
87
42%,
39 %
88
x23'/a
Pacific Ry
&
Co__6J/a
*12 Va
*8
26%
"71%'
9%
16%
4%
8%
,■
11%
Shreve
May 28
24%
S
4%
243'4
Chemical.
94
Vertientes-Camaguey Sugar
*11 %
—10
*8
*45%'
'
24A'A
Vicks
21
;--2-50
—
3,700
26 Vb
r
12
"Vick
6
Feb
Inc
13%
47
134%
24% '
29 % Jan
Co
13%
56
7
20%
Raalte
13 VB
26 Vi
130
19%
ii •
Van
Co
800
2,100
46 Va
5'
'/a
2,600
5 VB
19'/4
*54 Va
38%
88c
17
154.
19%
Norman
26
*5
19
55
.*
is
:
20 Va
I
50
Van
•
19VB
46
67 ;j
73%"
383 ^
9
28
*17:
i 8'A
May 17
26% May 21
15% May 21
5 Ve
1,600
18%.
55
*85%
40-
*478
89
*24;,%
.
156
49 Va
:■-*
;9'%
*83
21%
.
38%
4%
9%
'
16%
Universal Laboratories Inc.———1
Universal Leaf Tobacco com_No par
18
4%
3%
*24%
1
*4%
25%
263/B
100
9%
69
•
89
I
174
9
*67%
'
9%
1
*170 Va
/
45
,134,%
.<434
18
5%
;
134.%
'
>
38
,*4%
9'A
"
2,100
57
26%
130%
74
800
101 %
13%
*
V*
'
130
30
16%
45
%
4J
12,000
94%
*55
87
42%
67
73
Shares
22%
100%
8%
69
5
13%
*7%
.
44%.;
27%
39%
*66'%
19
13'A
58
"
*85
129%
the Week
16 3/4
102
26
5 Vb-
..
22%
'93
16%
8%
26%
5%-:
22 VB
**93
*67 Va
'
19'%
^
,4L%. 42%
Sales- fnr
tper share
172,/. 172
9%_
69
26%
8%
44',/b.
-4''
72%
172
*8%
*67 Va'.
13%
27
*65 %
*170%
,
20
*7%
59
*38%
101%
5Va
5'%v
45
50
102%'
27 •%
3%
,
*7%
No par
,
26%
*56
129%
16%
70
*44%
41 Vb
16%.
8%
67 %
59
| 87
93
*101 Va
-
•
171
8%
*
"
25%
21%
94%
16 3 4
-v
44%
*56
22 Va
*93
27V+
27
5
■••'
9 %.
70
1.600
11,700
Nov. 19
t per share
'
-
10,400
13
Friday
Nov. IS
share
tper
21%
103
171
53
20%
'
TQ3
171
28
;
Nov. 17
17
' *
52
300
-
PRICES
Wednesday
22 5/8
.17
•oqt,
130
2,400
40
*20%
12%
/ 21%
102%
200
,
21%
12%
„
600.
-
63
20%
etf
36,100
5%
62
20%
51Vb
17
*67%
6
62
Va
20%
'
'
41%
51%
94%
*167
•T
9:
70
*41'%
5%
13 Vb
*93
V*
41%
20%
SALE
14,200
2%
34
93
100
2%
12%
HIGH
■
3
43
20%
tper share
•22-%'
32
2%
43
13 Vb
AND
1,600
4,200
2%
'
800
8%
*28%
20%
17
16%
21%
35%
'51%-
Nov. Iflh
500
200
21V4
'
*39
50
15,700
8%
3 Vb
41%
20%
93
100
67 Va
5
21%
21
32
2%
10%
35
44%
•
2%
*61
'-Tuesday1.,'^
t per share
•
22
21%
%
3
*43-
14,300
63
50%
-13
Now. 15
Nov. 13
20 Va
2,400
a
105
9%
63
20%
13
Monday/
Saturday
Va
43%
,
*5%
40
13
3
-
*28
41%
21
50%
20%
2%
62
20%
20 Va
21
3
*43
'
6%'
13%
Universal-Cyclops Steel Corp
Vb
105
10%
65
31%
60%
50%
108
10Va
*61Vb
*28%
20%
13%
preferred—
25 3
8%
19Va
123
Stockyards Corp——.—.—1
United Stores $4.20 non-c 2d pfd—5
conv
24%
35%
39
*20%|
t
United
$6
24%
8%
60Va
13%
preferred
34%
34%
42
13 %
non-cum
34%
8%
19%
Smelting Ref & Min com—5o
7%
2,100
35 Va
35%
2%
42
13V4
——
7,800
46%
*105
10%
66
20%
'
common——-:—!_1
com
15,600
85%
46 VB
24%
106
IOVb
*63
43
2%.
19%
Co
29%
83%
*8%
19'%
*128%
Tobacco
28
83%
46%
34 Va
39 Va,'
preferred—--100
>1%
29%
83
*34%
24%
3 Vb
43
41%
*4%;
62 Va
2%
1
'
-
40
46 VB
32 Vb
*28%
2%
41%
6%
*60
—
43
-
2%
41%
*5 Va
2
2%
Vb/
5/200
36,200
29
;
8%
'
U
30
~70
35 34
19%
Corp common
preferred—
103 %
82%
42%
20%
*8%
19%
preferred-—
39 %
103 J%
95
35
11
19%
Steel
,.38%
104
*82%
35"
65
35
•
32
*42
2%
i*4i
—
i,V/o
29 %
39'%
103 %
*90
25
20%-
8%
35%
-
*29
.-
43
t*42
Pipe & Foundry20
10
Playing Card CoS Plywood Corp common——1
3%% pfd series A_
,
L__100
U S
2,500
827b
85
108
19VB
preferred—1
600
2,000
13%
*82%
46
'
9%
47'%
13 %
29%
38%
*
9%
46 3/!«
82%
83%
10%
20%
8%
34%
i
*29:
common_'L__No par ;■
1st
40
2,100
95
46
65
Ve,
-66
No par
non-cum
500
7 Va
*90
35%
*106
11
10%.
66
*19%
Par
%.•
class A
Co
200
95
82
30
80%
47 VB
93/4
29-
VB
103 %
*90
81%-
81
-v*34%.
38
103 V4
95
*9%
29%
38 V8
104
*90
9%
29%
38 VB
103 Va
•
9%
29 3 4
38 Vb
*
104
82 !
29 Vb
S
S -Rubber
300
74
"25
7 Va
13%
95
,*80%
v
Machinery 'com—1_5
Co
13.100
5 Va
25
48%
Va
29
37%
.
common
conv
5,400
V
34
99 Vn
5 Va
*25
LOW
'
STOCK
:
Co
800
110
20
*97%
7
104 Va
——1
Inc
S
8%
;
&
Lines
5,900
17,700
.
"15%
98 VB
26
47
28%
—.L_5
preferred
Leather
S
S
8,900
•
90
5%
•
5%
{
13% May
14%
Va
32%
98 Vb-
*25
9%
8%
Foreign Securities_i;L_No
4 V2 "/o
U
:i
Apr 21
87% Oct 23
140% Jun
5
100
4,900
.44'/a
11%
98%
STOCKS
Partic
19,100
183i
14 Va
37 Vb
com__30c
;
Mfrs
YORK
Hoffman
S
23 Vi
10%
19 VB
12%
33%
Cos
Co
Gypsum Co
10
100
,.
45
7%.
103 VB
*
$4.5o
S
.23
;
44%
7.%
48 Va
*167
U
May
7
49% May 15
137% Jan 13
72
10
3%. Nov
■<<
Feb
Feb
11%
88
&
S
,
1,000
'
44 V8
7%
"
23 Va
29%
x44%
IOVb
7
*28%,
45 VB
10'%
9%
Corp__No par
A
&
•
29%
2,500
3%
19%
*18%
5'A
3 Va
102 VB
18%
34"'
>
103
3%
48
88 %
19'A
11%
98 Vb
22%,
*87
*3%
*28%
22%
*102Vt
-
,
9%
48,
88 Vb
*102 V4
10%
19%
*8 Va
48'A
1,100
19
18%
14%
9%
160
4.200
•
103
11%
18%
8%
20%
*87
3%
*102 'A
8Vb
20%
v
48
30
22 Va-
;
*8%
48
3%
8%
20 V*
18 VA
10%
14 Va
39%
430
18'A
45'A
98%
*38 Va
6
18 '/a
45 Va
%
1,600
8tA
88%
*28%
■
;
45
7'
6%
201/4
Va
9%
48
*87
18%.
26 Va
*12
.a—100
U
July 12
July 9
58 Vb Jun
8'A
20
*8%
23%
18%
48 Va
,
l_20
94
8% Fed 11
22
'.7
37% May 21
11 -
8'A
.
102V4' 103
13,%
98
400
Va
39%
<
I8V4
*.
13'A
*38 Va
3%
22%
*13 Vb
39%
Va
29 %
23%
103
*102'i
6%
27%
13'A
6%
20 Vb-
48
3%
6%
2 7.'A
VA
§'/4
'
88 Va
*28 Va
.,
6 Va
27%
13
'
.29%
8V2:.
9
6»A
1,300
27%
■
.
6%
20 Va
*87
28
28
*5Va
100
9% May 20
6
•
*8%
47%
47%
87"
*97%
r
Stofes
■"» ,*•
7CU
9
58
4'/2 Mar 16
Jan
Dec
Va
87
*32
6%
4% %> preferred——.100
U S Industrial Chemicalsi_L_No par
53 %
14
13'4
6'A.
I
39%
20 V8
47
6 VA
•
6V4.
•;
18%
*93
2
13
Oct
,10%
20
8 Va—
5%
U
4
16
Jan
Feb
Dec
May
*38%
20
32%
1st preferred-—L——No par
U S Freight Co
LTui—___iNo par
2
8Vb
5%
>.
5
129 % Mar 16
Jun
4% May
8
*8
98 VB
„T0
U
Jun
8%'Jan
27.
12 %•,
109%
16
39 3A
38
6,'A
14 Va
:
-No par
Corp
4
17% May 14
42,%-Jan
67% Mafl7 *
Feb"
Dec
Jun
6rA
277/b
'.C '.
76
19
65% Oct
'
U
9
Jan
39
.
:'//.'■
24% May 15
113% Jun ". 9
179
18
26
125% Mar 19
48%, Feb
■
,
-
36
38% Feb
Mar
96%
x33%. Dec
11
Jun
21%, Jan
87
Dec
133
Sep
25 % Feb
Feb
67
101
20
39 % Feb
Jan
165
38% May
6%
20
.
.
7
*25
;—100
Improvement Co
NEW
,
32% May.J.5
49
-
103% July
60 V* Feb-
Dec
"
*5 VB
EXCHANGE
$ per share
-
6 V»
"21 'A
*13 VB
1
:
13.'A
•
HV2 Sep 27
7% Mar 30
73." Feb
Dec
40%
Oct
•
11.'
.
18% Nov 18
Apr
46%
Dec
Vb May
92
5
*
Oct
10
Oct
25% Nov
Nov •
24 %
May
46%
23
Feb
393a
Dec
/
32%
Engineering & Foundry—L_5
United
Highest
}■
8% Nov.,: 5•:
68
9% Oct
1
Jan
9Va
Feb
Feb
5% May
Jan
,,89
Oct
53%
,
16%
...Jan
94
Dec
25%
16% Feb >27
196% Mar
Dec
'71%
Oct
107%
Dec
6%
*97 %
•
,No par
Carton
Co
Electric, Coal
United
United
since Jan. 1 *
13 Va
18%/
18 VB
Corp common——1
preferred—^——100
United
-
t per share
20%
May
2,800
*
'
preference
United Dyewood
58% May 17;.
Range
Lowest
per share
[
6 Va
27,7/a,
*27'A
'
Highest.
15% May
6JA
13%
•'
preferred—
lOo
Corp common—1
,.
Year 1947
:
«:
Cig-Whelan
United
*
2,600
98 •
.*14
common-—10
Fastener
Range for Previou*
Lowest
Inc
&
Carbon
23
May 24
21% May 26
9
•.'
.
preferred
$3
•'
15%
12
6Vb
$3.50 convertible
3
43 %
.May
44% Jan
1
Board
Unite
>
15'A
10%
98
No par
Biscuit Co——
United
47% May 20
15 %
45 V4
<10 Va
United
5
15%
12
25
Car— ——I—!
United-Carr
3% May 15
13
4% Feb
...
Jan
Feb
July
15%
18%
*46 Va
United
J
5% July 15
5
11
40
36
Air
United
1
15%
10 %
Corp common
5
convertible preferred-,—100
4%"%
2
15Vb
103
*17%-
Aircraft
United
25
10
15%
22%
%!
—50
pom
'
5%
■
15%
3%
preferred———50
non-cum
United
22
23 % Oct
2% Feb
53% Mar
10%
90% Mar
22
42'
Jan
Dec
21
2% Nov 10
Jan
4%
Dec
5 %
i
Sep
Jan
8 Va Nov
Jan
63
19
,
(>.600
15%
45 Va
No par
Union
t
12
18 Vs'
par
series
4%
30% May 19
Dec
',75
102
No par
$3.50
Union
Feb
%8% Sep
*
.'No par
Union
2
&
pfd $4.50 ser__No
series
1
41% Jun
48 Va
11%
29
22 Vb
5
Preferred
8
Nov
105
!
—1
Co—
$3.70
6
51% July
40 VB
*47-%.
12
46%
3%
1
Preferred
•>
39 V8
47
88 Vb
*27%
No par
Rubber
•
"16% May
46 Va
At Paper—-—ilNo par
Un El Co of Mo
8
10,400
40
/////
—
&
Carbide
1
Jun
85
.'r
Asbestos
Bag
/
40
*
11,400
11%
9
*87
—50
__
Corp
•Union
98
Feb,'
Underwood
Union
No,par
(The)——.
43% Nov
110
39%
40
"
-No par
Cq
39% May 26
>
19,200
~
Union
28
3,400
22%
47
19 %
*8%'
i
prior
Udylite Corp
15
65%
21 %
38%
SV4
*19Vi
No pgr
preferred——__No par
Twin
15
16%
65 %
21%
15%
12
40
8
5
—-
City Rap.Transit com
5%. c«nv prior preferred
1
16 Vb
65
21%
48%
6 Va
*39
No par
$1.50
2
16
64
21%
11%
13 VB
6%
_No par
$4.50
16 Vb Jun
11
37 % Nov
105
12
16%
63%
20%
*46%'
'
6-%
—5
Twin
59 % Jun
15%
62%
*
1
;
-
Trunk-Tract Coal Co_—
20th 'Century
Fox; Film com
5
16%
63
21 %
39%
^
27%
13 Vb
Corp 'common.
_1
preferred—
1
No par
$6
21
14% Jan
3
23,900
12 %•
6%
Tri-Contincntal
It
9% Mar 16
37% Oct
;
_No par
L
;
10
com
Transue & Williams Steel
8% May 27
Mar 16
54 %
49Va
27%
Corp
_2
Transcont'l & Western Air Inc'--„5
100% Jun
9% Nov
Feb
com_ _No par
Axle—
u
12
43% May
53 3-v
11%
6%
Transamerica
It
27
10
54
*47 Va
!
100
-
preferred
Detroit
Timken
5
4
53%
"
preferred—L— _No par
cum
Timken
10% May 15
107% July 22
19% Aug1 5
25% Mar 31
17
300
53%
16 %
Va
27%
_No par
com_
300
48
G%
13 VB'
1
10%
<"4
12 3 4
*27 V«
__15
Tide'Water Associated Oil
•
1
—
*10%
4%
4,300
53%
'
preferred
Thompson-Starrett
May 21
36% Jan
6% Nov
' "—50
10%
*4:
380
5%
46
%
;
Transit Corp. -No. par
4%
15
10
Jun
preferied
conv
*10%
4%
5 %
15%
15%
1
Avenue
10%
*4
'
common1—
22 %< Mar 11
5
5%"Mar
div
Third
4* •'
Jan
92
$2'/a
Co
Thomas
Nov
24
'
6
13% Jan
17.% July 30
32
Jun
7
30
Nov
Thermoid
10%
5%
11%
48
12
_No par
;
23% Apr
12% Mar 16
*
93
11
96
Jan
48
5
5% Feb
55
18
15% Nov
:
Fair
84
■
85
5%,
12'A
*46%
50c
: .No par
preferred-.
conv
83%
5%
55 %
"*
Thompson (J R)__
Thompson Products
104% July 12
23% May 27
A
13
10% Nov
15%. Nov
34% Aug
2
10% Nov
'
'A Jan
100
—
common.'...
8
32 Va Jun
Mar 17
53% Oct
Pacific, Ry. Co—.
9
31 Va NOV1
13
<108%
The
59% May 26
95'A Jun; 16
6
19 Vb Feb
.
Jun
-
Thatcher Glass Mfg Co common5
$2.40 conv preference
:_No par
19
10Va Jan:
19Vb Mat 16
5% May
r
Feb
Feb
14
2L%
24:
13/4 Mar 11
10% May
13% May
12%
Apr 30
j.
4<j
15*38 May
40.% May
99
13 Vb Apr
Feb
.25%* Oct
Dec
Sep 29
39% Feb< 11
Mar
7'A
/"'30%:
May '
Nov-15
$1.25
84
5%
,53%
40%
^
84
4,800
4,800
39
Inc
6,200
30%
4%
39
&
22%
17%
37
Texas
21%
Trust—
ctfs_
'
Textron
21%
21%
*83%'
16%
62%
May 22
7,900
21%
4%
'
\: T20%
share
11 VB
20%
16%
16%
Pacific Land
11
16%
20%
Sub
29%
11%
16%
('2%
new
30
II
16%
16%
Oil
&
29%
11%
16%
19%
Sulphur
30
16%i
61%
7
5
55%
„-4%
•
tper share
lo¬
Week
e
Sharks
11
10 XL
*10
—
4 %
20
39
7% Oct:
54%.
10%
61%
8
19
m
19%
9
Oct
15 %
th
29%
.5%
61 %
% May 21
10% May: 15
47% Jan- 9
'
*4 VB
15%
Sales
Nov. J 9
85
10
14'/a Jan
6% Nov. 10
10%
4%
15 %
Friday
'
I per share
22
1&
No par
15
15
10 VB
*4VB
Nov. 18
$ per short
'30%
11%
*83
•
5%
-_5
1-——_----25
—
*9%
85
5%
Gulf
46 V4 Jan
16%- Feb
3% May
Nov
*83
5%
—/—5
Corp
Corp*
85
*83%.
5%
1
Pacific Coal
10
Feb
24%
f
.
85
1
6
24'
.-No par
Texas
12Vb Apr
Feb'
14%
5
10
21 %
Texas
26
48% May 13
653/4 May 24
20% May 24
Mar 11
21%
16%
27 Vb Nov112
60'A- Feb
*
38
•
Feb
13%
Sep
.
Feb
17%. Feb
-
9% May
-45
i Dec
il6%
15Vb Nov
59 Vz-
May
6%
11
Dec
21%
Dec
12
453/4 Feb
Dec
197/b
•'*'
Feb
15V4
Dec
20%
54%
25
58%
Dec
18 %
11%
29%
•
16
13
10
11%
54
10
Feb
30-
11 %
Gulf' Producing—1
Feb
29
29%
11%
Co
Nov
Dec
29 %
20%
Texas
Texas
153/4
29%
11%
Thursday
Nov. 17
share
20%
Texas
47
Nov
t per
15
25% May' 8
71% July 12
19
46% May
$ per share
25
(James)--—_——-9'
Telautograph
Nov. 16
com ,_No par
Ltd
$4 preferredT__
Symington Gould Corp—
11
3% Feb
Nov. 15
% per share *
Par
Co——
14 % Mar. 16
Jan
20% Aug.
"
.
ritit'ES
Wednesday
saijb
Tuesday
xttunnaj
Nov. 13
,
Jun
llinn
•
EXCHANGE
$ per share
18%
(2135)
RECORD
■'Vww~veTorir
Highest
$ per share
20%
30%
STOCK
CHRONICLE
STOQKS
Raniea¥ri?H*V*0US
Lowest
t per share
YORK
FINANCIAL
-
1,600
500
>
27
.28
COMMERCIAL
THE
(2136)
YORK
NEW
FINANCIAL
&
STOCK
CHRONICLE
Monday,, November ,22, 1943
RECORD
""
y,:
.
SITV.pBirva.
Lowest
Lowest
Highest
Highest
■
EXCHANGE
t
$ per share
69
33
Nov
17
48 % Jun
Oct
29
96% Apr
23
Nov
112
Feb
11
19
18% May 15
93
Oct
18
% NOV
Jan
6
117% Jun
19
Jun
2
3/64 Nov
Dec
109
Feb
121
Virginia
14
16% Nov
107 '%
34%
Dec
45
Feb
31
Nov
Dec
40
Jan
29%. Nov
5
39
34>/2
—100
9
Nov. 18
,
i
•
Nov. 19,
„
.
for
Sales
Friday
the Week
$5
33
34
33
33
33
87
*85
87
*85
87
9
9
98 »/2
993/2
*98
100
Xl4%
14%
pfd
98%
99 3/a
15%
14%
*111
100
15'/2
Ry Co common—
25
preferred
.—■——25
Visking Corp (The)—
5
Vulcan Detinning Co common
20
7% preferred
20
Apr 26
Oct
38
Feb
25% Nov
13
33%
Nov.
27% Nov
3
,30
Aug
33%
Oct
29
Apr
15
32%, Jan 13
57
Apr
75%
Feb
57% Aug
16
66
Jan
2
Wabash
17
15% Jan
8
Waldorf System
5
900
14%
13,300
3/64
457,000
*111 3/2
112 '/2
840
3/64
,
111 »/2
112
112 »/2
112 3/2
*111
18'/4
*17
18'%
*17
18 3/4
16 »/2
17
32
32
*32
33
*31
32
31
31
303/s
30%
30%
30%
30
30'/2
27
27
*17
253/2
25%
25»A
30 «/4
30
25%
25%
30%
25%
26'A, 26%
17 '
163/4
18%
303/a
130
600
32
*31.
30 '/a
30 3/2
1,600
27%
1,800
.
27%
v
*27
28'/2
*27
28 »/a
*27%
28 >/a
*27'/4
28'/2
31
*30%
31
*30%
31
*30%
31
*30%
31
10
58
58
58%
*57
60
*57
60
*58
60
200
*27
28 '%
*30%
28%
31
*26
—.
100'/a
14'/a
14%
32
6%
Dec
111
112
99%
A
14%
i«
3,500
9'%
100
*99
14%
8%
87/b
*17%
Virginian
30
*110'%
112
14%
8%
*31
25
1,500
33
*85
87
'
153/4
—100
preferred
Shares
share
9'/»
33%
*85
32
Va Iron Coal & Coke 4%
$ per
t per share
9'/8
*33%
9 3/4
9
9>/B
98%
lOo
Co com_—10
& Pwr
*85
87
34»/2
87
34>/2
34'/2
*85
com—No par
—
partic preferred
Elec
131
32% Jan
.
t per share
~>tper share
f per share
I per share
16
38% May 11
34% May 3
18
-3iya
23
preferred
dlv
•6%
124% July 12
14% Nov
Nov
16%
3'/2%
Va-Carolina Chemical
14% July 13
7% Mar 16
Nov
Par
Victor Chemical Works common—5
24
85
10%
May
14
I per share*
Nov
50%
Dec
5'% May
(
I per share
104% May
35'% May
85
Thursday
I
*
I per share
Nov. 17
Nov. 16
Nov. 15
Nov. IS
-
Wednesday
Monday•»
—gafttrSiy'
YORK
NEW
Range since Jan. 1
Year 1947
.
? ....
Range for Previous
31
W
13%
297/8
t
100
17%
Apr
36%
Apr
xl8% Mar 17
Jan
Feb
19%
Feb
-
10% Mar 12
106% Mar
Dec
105
29
13%
x83 % Mar 12
Dec
88%
July
35% Jun
11
100 % Apr.
24%
xl7'% May
i
7% May
<10%
Feb
x30
Feb
109
Dec
:
13% Nov
Jan
8% Feb
4%
Ward
Co
Dec
-
21
May
19%
May 22
Nov
10
32
Jan
2
Warren
343/4 May 14
Warren
Petroleum
23%
Feb
17% Feb
Sep
26%
Feb
17
-
Dec
41
Feb
5%
Dec
12%
Jan
17% May
"20
30
Nov
83% May
Feb
21% May
.
90'
34%
Jan
Sep
Dec
Nov
121%
103%
Dec
xl 13% Apr
Jan
112%
2
Wayne
Pump Co_
5
2
$4
1
Dec
1161/4 Aug
7%
113
Jun
9
25
107
Jun
18
223/4 Oct 20
West
■
4
109
*109
series B
Virginia Coal & Coke-
100
*1101
Western
Auto
Western
36% May 21
26%
Sep
16% Nov
15
26
27% May
381/4
Oct
32
Nov
18
39% Jun
62
Mar
72% Jan
May 19
14
31
Dec
23% Nov
10
333/4 Jun
9
Dec
105
Aug
85% Feb
11
953/4 Apr
23
101'/2 Jun
11
40 3/4 Jun
Jan
28% Nov
12
76
Dec
5
53V8
106% July
18
18
105
*102'%
1
*5%
6
5'/a
6
361%
10
Co__
Supply
10'/a
Ry conu
100
pfd—
—100
2nd
non-cum
*24
36 «/4
371/4
10 3/2
37%
15»%
81'%
•
'■V
29'%
81'%
4'%
1,100
29%
13,500
82
*81
81'%
23
23'%
15'%
15'%
15%
23%
15'%
15%
109
116
■* 116
110
110
*109
106
106'%
*101
106%
103
18%
18%
41
40'%
105
*103'%
103
51/2
37%
37%
800
40
5%
3,800
5%
37%
1,900
105'%
105
5%
371/2
19
41
18%
:
5%
310
41
40%
105
51/4
40
106%
*101
18%
18%
M0'%
330
109%
106%
103
.*101
7,400
7,400
116
115'%
*109
106%
•
109
*108
109%.
*102'%
■
430
81'%
23 »/a
*108
38
37%
:
23'%
22%
109
5%
2,000
*4 3/8
29'/a
116
40'%
•700
15'%
*15%
4%
*115
105
400
18'%
*18
'
400
173%
v
15
•
5,900
24%
30'%*
4%
29%
:
3,200
21'%
17'%
15'%
15'%
4»%
29«%
18
26'%
*24
1.400
38
37%
10%
103/2
11%
113/2
12%
12%
13%
13 »/b
13%
20,700
29
10'/a
*25
29
*17%
*108
5%
Inc
Lines
18'%
Jan
37
Mar 16
577/8 Oct
29
29
30
30%
31
33
31%
31%
1,100
Dec
Mar 18
92
Jan
273A Jan
7
34
Feb
23
Feb
20
19% May
91/2 May
29%
Feb
15% Nov
9
17%
Feb
9% Feb
27
84
July
90
Feb
29% May
51/2 May
34
Feb
12%
Dec
6% May
X53
Aug
27% Feb
26
Feb
11
9
271/2
*27
6% Mar 17
12
51
9
11% Nov
19
881/2
Dec
99
Jan
75
Oct
29
88% Jan
16
Jun
20
Nov
15%
Dec
19
Nov
15
145% May
Mar 30
19
Jan
Feb
10
18
Jun
xl38
Jan
33 '/a
33 3/4
33 '/2
321/4
33 %
32 »/8
32%
32
32'%
24%
25
4
25
900
27'%
27%
*65'%
68
200
16%
17
6,800
32
32'%
7.200
24
24%
33,200
89
,
89
*88
90
*88
90
100
993%
99%
*97'%
99
*97'%
99'%
100
12.50
*28
30
29'/a
30 3/2
29%
30%
x28'%
28%
*28'%
29 %
600
*106
110
Instrument
Elec
Motor
1_
Co
Machine
Sewing
No pai
Oil
Willys-Overland
$4.50
—20
Motors
Wilson-Jones
Wisconsin
Co
Dec
28
Feb
~5
373/4 Oct
22
Woodward
Iron
42% Nov
19
49% Jun
14
Woolworth
(F
94%
Apr
63
10
*79
*15'%
10
Co——
15%
—10
Co
W)
19
47%
45%
46%
47
46%
47i%
86
86
86%
86%
*86%
87'%
86'%
86'%
251/a
*24'/2
25%
*24%
25%
*24%
25'%
16
16%
16%
16%
16%
16%
16%
16%
4.200
4,500
47
10
'
*120
10'A
54%
31
10%
10%
10%
8 3/8
7%
56%
56'%
57i/2
58
11%
12
11%
11%
80
79
79
80%
79%
79'%
79
79
*15
15%
15%
*122
*77
16
16'A
16
15'%
8
60
1?'%
10,700
400
11%
*78
7,600
400
80
15'%
15'%
151%
500
15%
16
*125'%
128
34'%
*33'%
34'%
1.300
42%
42%
8,400
4,100
16
*125'%
125'%
3,400
127'%
16
16
125-'%
127
*122
15'%
15%
151/4
*15
16'%
127
8
34
34
34'%
34'%
35
35
34%
34%
*33'%"
43%
10
7%
58
12
11%
30
100
10%
*58'%
7%
7%
7%
*55'%
12'%
151/4
31
10%
170
54%
*30'%
19
8
11%
15%
*53%
30%
19
193/a
57
7%
*56
11%
127
54%
30%
5,100
19'%
*53%
30%
19
10%
10
18%
54%
10%
19%
*30'A
31
*53%
*30%.
19%
*53%
191/4
55
*301/4
101/4
*24»/2
16 »/2
*53i/2
.
110
*105
110
*105
110
70
47
25%
18%
:
31 %
8
__100
*105
110
*105
24i%
24%
,«•
86
16%
56
,
24'%
V-
47%
*241/2
,
54
*30 «/4
77/«
com
1
Feb
18%
54
,
11%
10
Pwr
110
47
16
*54'/4
Co
El
preferred
6%
15%
_1
No par
.-
30'/a
85%
25
No par
common
$4.25 preferred
13
*24'%
No par
com
pfd series A
conv
Wilson & Co Inc
24%
"
5
Co——
*105
46%
86
1
com
preference
Wilcox
46%
*28'/2
*851/2
1
preference
conv
35
May
17
27%
*971%
53
Dec
16%
90
$4
10
17
171/4
*88
Prior
8
15
66'%
16%
*97 Va
21
125% Nov
661/2
171%
89 »/4
173/a May 17
Mar
65%
*; 173/8
98
657/a May 15
Oct
65%
17
24'/4
May 27
Feb
Oct
673%
16'/2
98
21
13%
27'/a
*65%
17
88
White
17
271/8
/
98
1
64%
Sep
28
673/8
90%
8
10% May
*33'/8
No par
12 '%
27'/2
*65 3/2
24 3/8
July 30
193/8 Jun
17
273/2
67
26 3/2
24
227/8 July
31'/2 Nov
*651/2
*971/4
White
126
v
263/2
100
3.
*89
243/4 May 26
2
No par
com
A
Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com——No par
$5 conv prior pref
—No par
White Dental Mfg (The SS)
20
5
26% May
RR
series
100
Weston
22
83
May
Pacific
20
31,800
20%
17'%
4%
;
18 '/a
40'%
41 »/8
*102'%
Westinghouse Air Brake
Westinghouse Electric com
3'%% pfd series A
3.80% pfd series B
July 21
115
80
Oct
101% Mar
62i/2 Mar
31%
18
40%
17'%
;
10%
25
24 %
17%
1,600
94
,
10%
20%
24%
103
*101
105
Western Union Teleg class A_No par
9
91% Feb
11
55
Nov
43
103
41'%
Preferred
15
22y2 May
Oct
18
23%
20'%
106
105'%
*102'%
41%
23
21%
24'%
*93
10
*
May
135
*17%
105%
100
—
Maryland
Western
17
51%
—5
*101
23'%
18
15'%
Pulp & Paper com_ _No par
preferred
22% Mar 12
90
31
105'%
103
4%%
10%
15%
110
Power
94%
10%
600
..
15%
,15%
15'/a
*93»/4
10%
*23
•.
23'%
15%
,
' 93'/2
*17'%
<
22%
.
15%
15
,
9 3/4
10%
20%
80%
*108
16'% July
42%
90
80%
109
463/4 May 20
Dec
Dec
81
109
14
Dec
30
80%
O'/a
9%
*24
4'/«
100
34% Feb
65
94%
81%
preferred
25% Nov
15
109
Jan
26 %
88
80%
—
,
933/2
,
116
Air
6
29
*115
Western
10
4%
28'%
*108
10% May 18
Oct
4'/a
28'%
106
4%
15'%
4%
27%
15%
17
9
3,600
<
4'%
*105'%
38% July 12
93/2
16'%
15%
15
*4
116
5% Nov
Feb
15%
15
109
Jan
7%. Mar 17
9%
•
18 «%
14%
11
32%
18'%
109
15
9% May
18'%
*115
51% Jun
Dec
18'%
15%
1103/2 Jun
Dec
."18'/a
116
14
.
3,600
17'%
109
20
9%
17'%
*115
25
751/2
17%
100
43/2%
243/4
*101 >/2
24%
-
'
*108
38% Feb
100% Feb
May
17%
*17%
pfd
West Va
233/2
24'/«
100
Oct
.
23%-. 23%
21%
24%
27%
preferred
4.20%
1013/2
9'/a
24
21'%
24'%
_No par
Jan
10%
23'%
21%
24'%
22'%
47
5% May
38% May
22'%
20'%
22
16% Apr
Dec
22'%
24
22
113
32% May
105
22'%
21
15
A
West Penn
1013/2
10 «/8
27%
.
103 3/2
92%-
9%
22
preferred
6%
•
103 3/2
x23»/2
15 3/8
92%
10
1
Sugar Corp_^__
Elec Co—:—_—_No par
Penn
Class
20.
3
15
933/2
15
_No par
preferred
Indies
West
4
105% Nov
conv
West
119% Jun 22
111% Oct
15
*92%
"9%
2.50
1—5
n
Oil & Snowdrift com
30%
30 3/4
9%
24
._1
—
Inc—_
Tobacco
Webster
Wesson
Jun
9%
22'%
1
*18
Knitting
100% Oct
106%
-3
133/a
303/4
243/4-24%
20'%
._No par
Corp
13'/a
30%
9%
15
9%
V
13%
30'%
*101'/2
93'/4
14%
*. *92
5
Mills—— ——5
Wayne
114
15
103% Mar 29
Jail
93/2
13%
30
13%
103
*1013/a
500
13%
13%
30
30
•
7
193/4 July
13
104% Mar 16
117% Mar
112%
9'/4
Pictures—
Bros
Sep
26% May 21
3
13% Feb
105
9%
9%
■,
o17
63/4 May 24
10
19% Mar
24%
___5
34% Aug
86V2 Jan
27
Nov
•
30% Jan
10
X80
24%
,_No par
,22
10
4V8 Nov
26
..24'/a
24
20% May 28
16
Mar 16
14%
103»/2
3
27 % Aug
5
20% Jan-
Jan
27
*101 »/2
,_No par
Foundry & Pipe
10
22
36% Nov
.
Dec
30'/4
103 >/2
preferred----———-100
3
9% Nov
Feb
18%
30%
*101»/2
Baking Co common—„——1
53/2 %
Warner
xl9% Nov
12
30 '/2
No par
2
Jun
58%
*13%
13%
13%
*30
'—
14
101
*13%
*13%
—100
common
(Hiram) G & W
Walworth
58,3/2
-No par
No par
preferred
Walker
27% May 21
13% May 24
-16% July 13
11
Co
Walgreen
4
Aug 26
*58
100
preferred
4'%%
RR
43%
43%
43%
43%
437%
42%
43%
42%
43
10,200
80
Worthington Pump &
25% May 15
14% Nov
Dec
•75
83
Dec
53
Dec
62
Nov
8
May
81 »/2 Feb
69% Nov
19
94
Feb
80
19
Feb
100
9
Nov
58
Jan
5
60% Mar 19
70 % Mar
18%
33% Aug
10% May
45
May 17
963/4 July 28
69
July 15
11% Jun
21
24% Nov
16
34% Jan
2
10% Feb
Jan
16%
27
16% May 24
Feb
50% Mar
Dec
4
9
8
Feb
37%
'
Mar
38% Mar 13
48
/.May 25
Machinery common
-No par
Prior pfd 4'%% series—,—
106
Prior pfd 4%% conv series—100
Wright Aeronautical, ..^^No par
Wrigley (Wm) Jr (Del)
Nopai
Wyandotte Worsted Co_
3
Yale
&
York
Towne
25
1
Mfg Co
common"
Corp
4'/2%
;
14% May
23%
Oct
15% Feb
21
24
Oct
23
53% May
83
Oct
65% Feb
27
89% Oct
28
Youngstown Sheet & Tube—_No pai
15
31%
Feb
14
Nov
9
May
14% May
5% Jun
25
*Bid
asked
19% Feb
11
Jan
3% Nov
12
prices* no sales
Special sales.' wd When distributed,
,
■
and
July
10%
on
x
*19% May 27
35
July 12
6% May 19
,
,
14%
15%
*63%
65
*69'%
72
*69
85
85
83
*65«%
83}
84%
66l
65'A. 66;
93/4
9'A
66
24%
24'%
*9
*24i%
V *69,
9'%
24%
67
24%
7
9'%
9'%
12'%
12'%
39
20'%
♦19'%
21
75'
774%
75%
75
76'%
*19'%
14'%
-14%
153/4
15%
Zenith
No par
24%
24%
24%
25'%
25%
this day.; tin receivership.
HEX
$40
liquidating
dividend
paid
15
64'%
69'%
71
*83
8(W * 85
3%
4
May
10.
a
3%
4
4
"J
24%
24%
12%
,12'%.
39'%
39'%
19%
9
2,100
24%
1,400
12%
12%
1,700
10'%
16'%
25'%
26%
26'%
28
4
490
13,200
16%
E
73'%
16%
2,000
28'%
16'%-!
20.'%
"72'%,
*
39%,
20'%
72%
"
1,400
*39 ,«
29 '
4
66
24'%
24%
.'39'%
71%
i
80
110
9
12%.a 2%
20
4
80
85'%
66
8%
7
73
3%
,
delivery.-c Name
Deferred
8%
16'%
26%
3%
Corp_
:
93%
9
x71'3%
16-
Corp„_
14'%
63
65%.-. 65%
s 67;
19%*
20%
14'%
Radio
-
24%
v
39
*38
No pai
Products
fc *>
*38%,
24%
12
39
11%
12
39
Youngstown Steel Door„
Zonite
^85- >
j*65'%
*
*38
*19'%
15
'
„
*11'%
174%
*63
<f69/:v72---
;
r
65
14%
15
65
*63
65
*63
72!
14%
15%
15
15%
65
*69)
-
preferred
_I—__1
50
Young (L A) Spring & Wire_No Par
.
14%
*63:
28%
6,900
*3%.
300
4
changed from National Bond. & Share Corp.
3,100
rCash sale.
Ex-dividend.
Transactions at the New York Stock Exchange
Traasactieas at the Nan York Curb Exchange
Daily, Weekly and Yearly
Daily, Weakly and Yearly
-
Stocks,
Number of
Week Ended Nov. 19, 1948
Saturday
__
Shares
378,540
.
Monday
1.02C,720
Tuesday
1.061.940
Railroad
and Miscel.
...
:
Foreign
Bonds
$1.076,COO
Bonds
Int'l
United States
Government
Bank
Bonds
Bond
Bonds
tStocks
Total
Sales
-
$2,000
133,000
3 608,000
3,149,200
^
$25,000
Corporate
$4,000
$36,000
104,000
211,825
•
195,200
Government
Domestic
83,375
Saturday
Foreign
Foreign
of
$1,125,000
15,000
$1,C00
Bonds (Par Value)
(Number
Shares)
Week Ended Nov. 19,1948
$47,000
3,459,000
2,954.000
•
25,000
9,000
Total
$65,000
138,000
229,510
202,000
8,000
11,000
221,000
210,655
,149,000
46,000
11,000
206,000
Thursday
168,010
134,000
18,000
12,000
164,000
Friday
230,855
93,000
6,000
15,000
114,000
1,134,230
$707,000
$139,000
$62,000
$908,000
'
Tuesday—
2,980,000
217,920
4,000
3,201,920
_
992,660
_
2,655,000
160,000
10,060
2,625,000
5,214,120
___
1
Wednesday
974.740
—
Total
2,960,500
779,520
Wednesday
Thursday
Friday
2.554.000
$15,678,000
396,500
$1,149,620
;_v
10,000
$25,000
Week Ended Nov. 19
$17,000
•
$16,869,620
—
—
Total—
Jan. 1 to Nov. 19
Week Ended Nov. 19
V
1948
Stocks—No. of shares
5,214,120
1947
1948
1947
4,960,570
267,137,332
221,819,512
$ 17,000
—
U. 8. Government
International Bank
,
$1,000
$1,222,000
$3,111,000
25,000
203.000
3,889^000
20,936,000
Foreign
Railroad & Industrial-
Total
Jan. 1 to Nov. 19
1948
1947
1,388,990
66,838,851
64,453,244
$1,322,000
163,000
$44,699,000
$73,079,000
139,000
7,816,000
7,070,000
62,000
4,000
1,626,000
484,000
$908,000
$1,489,000
$54,141,000
$80,633,000
1,134,230
Stocks—No. of shares
Bonds
194 7
1948
1
,
r
Bonds
1,149,620
2,031,000
73,589,660
68.989,520
15,678,000
23,493,100
837,347,800
$25,728,100
$916,048,460
$914,371,920
Foreign government
821,335,400
$16,869,620
$707,000
k
Foreign corporate
Total
—
—
Number 4753
168
Volume
THE
COMMERCIAL & FINANCIAL
Bond Record
the
week,
"and
are
Interest"—except for Income and
and when outside of
The italic letters
in
the
the
regular weekly range
column headed
shown
are
"Interest
defaulted
Period"
•
Range for Previous
Range since Jan. 1
Highest
Lowest
104.35
Sep
106.6
106.4
Dec
NEW
Highest
108.21
Feb
105.1
Sep
20
112.6
Feb
107.4
Sep
17
108.28 May 17
106.18 July
108.16 Deo
Treasury
Treasury
Treasury
Treasury
105.28 Mar lo
111.23 Sep
106.13 July
108.16
Dec
Feb
102.22 Feb
Feb
~2
30
102.22 Feb
•
104.14 Sep
104.24 July
104.23 Feb
101.27
104.18
Dec
Deo
Dec
i.'
30
20
101.11 Jan
~7
101.19 Jun 14
100.24 Mar 13
101.19 Jun
14
100.25 Jan
7
101.7
Apr
104.4
'
102.23 Sep
Sep
Jan
100.23 Jan
28
100.26 Apr
2
104.10 May
100-23 Sep
17
100.24 Sep
10
101.24 Deo
104.16
Apr
100.16 Sep
10
101.12 Jun
101
Deo
103.20
Apr
100.7
13
108.17
Jun
106.17
Jun
103.10
Apr
102.26 May 25
100.7 Oct
4
Dec
Deo
Oct
105.18 Sep
101.14 Sep
102.6
Sep
102.24 May
100
Mar
100
Deo
102.24 May
100
Mar
10
4
2
1
100.23 Jun
10
102.13 July 13
100.4
May
100.2
3
Feb
102.13
Apr
103.12
101.12
Dee
102.6
26
100.21 Oct
100.31 Sep
10
101.13 Mar 22
Apr
May
July
102.23
Apr
101.20
Deo
102.25
102.SO
Apr
101.23
Dee
16
103.1
Apr
Apr
101.14 Apr
103.2
Jan
100.31 Sep
27
101.18 July 13
100.30 Sep
27
101.26 July
103.4
July
106.36
101.8
Apr
Oct
100.7
Oct
4
101.19 July 13
100.16 Apr
14
Dee
103
18
Deo
103.4
•Bid
94.10 Jan
and asked
price.
15
94.14 Jan
July
July
15
No
sales
transacted
this
Low
New
Period
Transit Unification Issue—
2% Corporate Stock
J-D
104'A
Nov.
Low
High
*102.9
102.12
*102.9
102.12
*102.9"
102.12
*102.9
102.12
1C4 21
*104.28
104.31
*104.29
105
*104.28
104.31
*104.28
104.31
107-27
*107.30
108.2
*107.28
108
*107.26
107.30
*107.26
107.30
1951-1954
*103.28
103.31
*103.28
103.31
*103.28
103.31
*103.28
103.31
*103.28
103.31
*103.23
108.6
*108.6
108.10
*108.6
108.10
*108.6
108.10
*108.4
108.8
*108.4
108.8
108.16
*108.16
108.20
*108.16
108.20
*108.16
108.20
*108.14
108.18
*108.14
108.18
109.2
*109.4
109.8
*109.4
*109.2
109.6
1949-1953
*109
109.4
*109
101.22
*101.19
101.22
*101.19
101.22
*101.19
101.22
*101.18
101.21
*101.18
101.12
*102.17
102.20
*102.17
102.20
Vis™—.—___1952-1954
*101.19
101.22
*101.19
101.22
102.21
102.21
it)2.24
*102.18
*102.22
*102.18
*102.23
102.25
*101.25
101.27
*102.25
-1956-1958
102.27
*102.24
102.26
*102.23
102.25
*103.12
103.14
*103.15
103.17
*103.13
103.15
-1962-1967
*101.12
—
2%s—
4
109.8
*103.18
103.20
*103.16
103.18
*103.14
101.14
*101.17
101.19
*101.19
101.21
*101.18
101.20
*101.17
*101.2
101.4
*101.8
101.10
*101.11
,_Jun 1964-1969
101.13
*101.10 101.12
*101.9
*100.25
100.27
*100.28
100.30
*100.30
101
*100.29
100.31
*100.29
*100.29
100.31
*100.28
100.30
*100.28
2%s
2%s_.
.—-1963-1968
2%s
103.16
*101.16
*100.29
100.31
100.30
*100.28
100.30
2%s
Dec 1964-1969
*100.24
100.26
*100.27
100.29
1965-1970
*100.24
100.26
2%s
*100.27
100.29
*100.28
100.30
*100.27
100.29
*100.27
100.29
*100.26
100.28
1966-1971
*100.17
100.19
*100.21
100.23
*100.23
Jun 1967-1972
100.25
*100.22
100.24
*100.22
100.24
*100.21
100.23
*100.9
100.11
*100.11
100.13
*100.13
*100.12
100.14
*100.11'
100.13
*100.10
100.12
Sep 1967-1972
100.15
*101.24
101.26
*101.25
101.27
100.11
100.11
2y2s
2 %s~;
*101.18
101.20
Dec 1967-1972
*101.22
101.24
*100.19
100.21
*100.17
100.19
100.10
100.10
*100.13
100.15
*100.12
100.14
*100.11
100.13
*100.10
100.12
1951-1953
*102.31
103.2
*102.31. 103.2
*103
103.3
*103.3
*103.2.
102.5
*101.27
103.5
*103.2
1952-1955
101.29
*101.29
101.31
*101.30
102
103.6 ■;
101.31
*101.28
101.29
1954-1956
101;30
*101.27
*104.4
2%s
104.8
*104.8
104.12
*104.8
104.12
*104.8
104.12
*104.8
104.12
*104.10
104.14
1956-1959
*101.31
102.1
*102.3
102.5
*102.6
102.8
*102.6
102.8
*102.4
102.6
*102.2
102.4
2'As
Jun 1959-1962
*100
2'As
1D0.2
*100
100.2
*100.1
Dec 1959-1962
100.3
*100
100.2
*100
100.2
*100
100.2
100
100
*100.1
Dec 1948-1950
100.3
*100
100.2
*100
*100.2
100.4
*100.2
100.4
*100.1
100.3
*100.1
100.3
*100.1
*100.16
100.18
*100.16
100.18
*100.15
100.17
*100.15
100.17
*100.14
2%s
2'As
:
—
2 Vis
2%s
2s
._Jun 1949-1951
.
*101.29
7
*100
*100
100.2
*100.1
100.3
100.16
*100.14
100.16
Sep 1949-1951
*f00.20
100.22
*100.20
100.22
Dec 1949-1951
*100.20
100.22
*100.19
100.21
*100.19
100.21
100.25
*100.23
100.25
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.23
100.25
*100.28
100.30
*100.28
100.30
*100.29
100.31
*100.29
100.31
♦100.28
100.30
*100.28
100.30
*101
101.2
*101.1
101.3
*101.1
101.3
*101.1
101.3
*101
101.2
*101
101.2
*101.2
1C1.4
*101.3
101.5
*101.4
101.6
*101.3
101.5 '
*101.3
101.5
*101.2
101.4
*100.31
101.1
*101
101.2
*101.3
101.5
*101.3
101.5 '<
*101.2
101.4"
*101.2
101.4
*101.1
*101.4
101.6
101.4'
Sep 1950-1952
1951-1953
-1951-1955
Jun 1952-1954
Dec 1952-1954
*101.2
101.4
*101.5
101.7
*101.3
101.5
*101.2
101.4
*101.3
101.5
*101.6
101.8
*101.5
101.7
*101.4
101.7
*101.3
101.5
103.6
*103.2
103.6
*103.2
103.6
*103.2
103.6
*103.2
103.6
*103.4
103.8
1950
Bank
101.3
*101.2
*103.2
*100.6
100.8
*100.7
100.9
*100.9
100.11
*100.8
100.10
*100.8
100.10
*100.8
100.10
97.16
*97.4
97.16
*97.4
97.16
97.16
97.16
*97.8
97.10
*97.10
97.24
'97.20
97.20
97.22
97.24
•
redemption Dec.
15
at
*97
100
FOR
*97.4
97.12
*97.8
97.24
a
Odd lot
WEEK
97.10
transaction,
ENDED
r
NOVEMBER
Bonds
Range Since
Sold
January 1
No.
High
Low
1033! 104%
113
Registered
bond
BONDS
100'/2
Interest
,
Period
%
Week's Range.
or Friday's
Friday
J.astv,
Low
3%s Series No. 14
J-D
3%s Series No. 15
J-D
33As Series No. 16
107
Foreign Securities
J-D
17-
60%
58
52
60
57%
;
51%
1
58
2
51%
60
5
53 %
59
59
J-D
*58
60
J-D
J-D
33As Series'No.
■
Teletype
NY 1-1693
..
Canada
Foreign Govt.
&
AGtd
sink
fund
—
—
6s
1948
Akershus (King of Norway)
§AAntioquia
(Dept)
1947
coll
SAChile
F -A
A-O
4s
1968
1945
s
f
5 A External
s
f 7s series C
1945
gAExternal
f 7s series D
1945
AExternal
s
f 7s
A External
sec
AExternal
sec
AAntwerp
Australia
series
f 7s
s
2d
1957
A-O
external 5s
(Commonw'lth) 5s
-1958
of '25-1955
10-year 3'As
1956
10-year 3'As
1957
40%
40
31'A
40
40%
31
40
33%
A-O
1957
31%
*32
J-J
series—1957
f 7s 3rd series
s
(City)
1st
1945
33%
33%
J-J
series B
92%
75
32'A
33%
2
31%
32'A
J-J
100%
F-A
13
31%
1
31%
89
4
73
100'A 101
61
'97
'1
31%
91
26
87%
90
91
91
18
87%
20-year 3'/2s
*1967
J-D
20-year 3'/2s
1966
86j/8
86%
J-D
5
15-year 3%s
1962
85'A
85'A
86%
F-A
21
85%
85%
86
22
83 %
101
7
99%
Belgium external 6%s_.—
External
s
External
s
jABrazil
(U
f
f
—1949
6s
7s__———'
1955
S of)
,——1955
external 8s
1941
M-S
101
J-J
J-D
V 109%
J-D
tint reduced to 3.5%)——1978
s f 6'/2s of
1926^~'-1957
AExternal
s
3.375%)
f 6'/2s of
46,%..
A-O
1979
*60
Stamped pursuant to Plan A
(Int reduced to 3.375%)
A7s
(Central Ry)
J-D
1957
1927—
A-O
1979
A-O
1952
45%
.1
3.5%)
1978
—.v:'
J-D
J-D
J-D
e58
J-D
3%s. Series No. 8
.
J-D
—
^
-
!
33As Series No. 10—
J-D
3%s Series No. 11_
33As Series No. 12
—v33As Series No. 13—*———
.—
-
1
1
see
page 33.
'
J-D
7':
a
59'
59
60
*58
--
59
59
*58
26%
27%
6
18%
27%
M-S
M^S
27
.j-
27
'
*28
/ -l
.3
'
26%
J-D
*28
27
A-O
26%
M-N
-
*28
M-N
-
27
M-S
,
,
--
4
27
—
*26%
J-D
*2%
48
60%
52
28
20
28
18
27%
27
„
27
18%
27%
19%
8
28
—
•
■,
'
32'
-.772
15%- ;
—
27%
27%
18
27%
18
—
18
19
4
27 %
27
—
27%
17%
27
.5%
SECURITIES
56
t
62%
4
\
HARL MARKS & HO. INC.
"7
foreign securities specialists
'
52
64%
1
65
1
*
53
54
65
'
,
49%
60
48
59
56%
59
i
50 Broad
St., New York 4, N. Y.
Telephone HAnover 2-0050
27%
27%
FIRM TRADING MARKETS
63
28
20%
—
*27%'
M-S
19%
28
-27%
18'/a
*28
A-O
-
26%
18%
21%
27
*28
J-D
1
26%
■
J-D
•
—
*28
26%
-
22%
■
•26%
20%
2
23
27%
v
J-D
FOREIGN
61
65
*58
■
28
For Financial Institutions
61
51
3
58
*
J-D
61
46 y8
2
59
58
48%
■
J-D
J-D
59
*59
'
20%
A-O
1960
—1951
1
•
-
——,—1960,^
5s
23
61%
18
e58
•
27%
28
j
49%
49
4
.
e58% e58%
—
49
4
58%
J-D
38
6
59
57
62
37%
61,
58
49%
54
49%'
7s
assented
28
18%
M-N
1962
1962
(Hukuang Ry)
28
2
M-N
1961
assented
Munic
28%
18%
19 %
7
27
•
—1957
assented
Cons
191/4 I
__
27
26%
27
-
-
,,—1961
—1961
27%
10
28%
26%
■
:—1957-
—
50
.' 28
18%
3
62%
37%
—
58
•••
J-D
'
47%
59
3%s Series No. 6
For footnotes
1
57
33As Series No. 7
.
62
A 7s
AChinese
—
——
26%
49%
50'/8
--
18
J-D
——
No. 4___
3%s Series No. 5
33As Series No. 9
65
45
7
62%
37%
3
43%
*42%
—
J-D
33As Series No. 3—
3%s Series
A-O
50
45%
J-D
—
1
49%
A 6s
19
■
•
,
*28
A-O
-1963
AGuaranteed sink fund 6s
62
37%
»
___1962
——1963
105%
37 %
J-J
Sep 1961
?
105
103'%
7
27%
27
103%
p
J-J
lj,—Sep 1961
6s__——1962
Mortgage Bank 6%s
A6s
114%
8
F-A
AGuaranteed sink fund 6s___—1961
109
50%
46%
assented
A6%s assented
Q9
107%
6s_
ASinklng fund 6%s
104%
105
-
assented
F-A
Jan 1961
102'/♦
13
26%
A-O
A-O
Feb 1961
102
99
31
——
101 Ya
94
'
A6%s assented
90'%
92
1
72
*46%
—
funding bonds of 1931 due__1951
Stamped pursuant to Plan A
33As Series No. 2
AChile
93%
85%
4
62
—
5%
(Int reduced to 3.375%)
1979
External $ bonds of 1944 (Plan B) —
3%s Series No. 1
45%
*60
—
Stamped pursuant to Plan A
(Int reduced to
A6s
-I960
•—1960
Jan 1961
f
94%
4
.1
.
103% 103%
•
60
•
105% 105%
.
Feb 1961
.
s
"!
98
ioi y4101%
103%
•
52% >59
97%
*28
M-N
AExternal sinking fund 6s
94
97%
M-N
sinking fund 6s~
AChilean
A-O
Stamped pursuant to Plan A
(Int reduced to
105'A 105%
109'% 109%
40%
99%
*97%
F-A
7s__—1942
assented
A 6s
MS
■
--
*41
:
assented
;
-
J-J
48
60
*58
*58
58
54
*58
J-D
1942
AExternal sinking fund
A6s assented
103
85
*61
Stamped pursuant to Plan A
AExternal
AExtl
40%
33%
90%
J-D
A 6s
38%
33'%
89
J-D
33%
33%
J-D
J-J
sinking fund 6s-
ARy external
60
60
A-O
sinking fund 6s
A6s
48
55
1960
f
s
assented
AExtl
40%
33%
A-O
A6s
6
J-D
assented
AExternal
65
65%
75
J-J
s
7s
§ A 7s
64
60
*32
J-J
§ A External
60%
*61'
MS
A
7s
*61
60%
50
10
12
1954
(City) 8s
(Rep) External
61
59
1950
4s
54%
„
57
1957
A Carlsbad
(Colombia) —
—
59
•-
of)
60
60%
57
1961
(Dominion
''
~
■
"__1958
25-year 3%s
Municipal
JAGtd sink fund 6s
•:
:
-
(City) s f 5s
Sinking fund gold 5s_—
Sinking fund gold 6s
51%
47%
58
—J-D
Brisbane
60
1
14
J-D
3%s Series No. 30-———
-i
Exchange
51%
60
57
60%
60
J-D
28—i——
!
—
60
52
5
59
*58
59
47'%
44
—
.
57%
57%
„58,
J-D
l
'3%s Series No. 29_
-
59
61%
*58%
J-D
* J-D
.
High
9
59
33As Series No. 26
Low
59
*58 '
3%s Series No. 25
Range Since
January 1
58
J-D
—
•
No.
57
J-D
-43%s Series No, 27—__-l--:
i' r>
"
Sold
High
J-D
-
1
3%s Series No. 24—__—
-i
4,000
21,000
Bonds
Bid & Asked
Sale Price
High
v1
97.16
97.19
97.19
transaction.
New York Stock Exchange
33As Series No. 23
Broadway, New York
—
19
Range
Friday's
—
for
3%s Series No. 21
Agricultural Mtge Bank
-X
1
::i ■,
1953-1955
33As Series No. 22
York Stock
5,000
*100.19*100.21
*100.23
33As Series No. 20—1
120
7,000
:
100.2
100.2
100.3
Mar 1950-1952
3%s Series No.
Members New
i;f
101.10
100.31
:::
101.18
*101.8
101.19
,101.11
2y2s
3%s Series No. 18
REctor 2-2300
.!(
109.4
*101.19
-1950-1952
2%s
Bid & Asked
Wertheim & Co.
5,000
103.31
*108.2
.*..1956-1959
3%s Series No. 19
Tele phone
Bonds<f)
High
102.12
2
Week's
the Weak
Nov. 19
18
Lew
Sales far
Friday
Thursday
High
107.27
:!
.—1980
Low
High
♦1C2.9
for
City
Low
Nov. 17
*104.28
2%s
Low
York
Hirh
HIGH BALE PRICES
Wednesday
102.12
*108.12
or
Tuesday
Nov. 16
104.31
*108.30
Last
the year.
107.30
1960-1965
Sale Price
lor
*102.9
-1958-1963
Friday
Interest
transactions of
only
*107.26
RANGE
BONDS
New York Stock
Exchange
Low
the
range
point.
Nov. 15
High
are
the
*104.28
2%s
fCalled
a
LOW AND
Reconstruction & Development
10-year 2%s
1957
25-year 3s
,_1972
day
range, unless they
sales in oomputing
such
;■
Monday
Nov. 13
2%s
98.30 May 17
99.30 May 17
week's
1949-1952
International
>1
the
is taken of
1955-1960
Treasury
2s
Treasury 2s
Treasury 2s
Treasury 2s
Treasury 2s
Treasury 2s
Treasury l'/2s
101.26 May 18
32d of
more
account
mature.
1951-1955
Treasury 2s
Treasury 2s
Treasury
2s
Treasury 2s
26
or
No
bonds
Saturday
STOCK
23As_,
2%s
tTreasury
100.21 Oct
one
disregarded in
are
occur.
the
27/8s
Treasury
Treasury
11
they
when
3s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
100.27 May 2l
102.26 May 24
163.4
which
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
2
'
101.7
in
month
Treasury
Treasury
May
104.12
104.24 July
YORK
29
yearly
■
delivery sales
3%s
Treasury
102.23 Sep
100.7
week
the
ease
Treasury
11*4.8
May
101.24
daferred
EXCHANGE
Feb
101.26
each
and
the
GOVERNMENT BONDS
Year 1947
104.12
in
in
Flgwre* after decimal point
represent
Lowest
114.8
Cash
footnote
indicate
weekly
-
bonds.
in'a
(2137)
New York Stock Exchange
«»
raroAV'
NOTICE—Prices
CHRONICLE
Teletype NY 1-971
7%
(2138)
THE
NEW
CHRONICLE
FINANCIAL
COMMERCIAL
YORK
BOND
Monday, November 22, 1948
RECORD
'
RANGE FOR
Friday
BONDS
Week's Range
or
Friday's
Interest
New York Stock Exchange
•
Last
Period
Sale Price
Bid & Asked
Low
Colombia
A 6s
of
1928,,
1927
§AColombia
| A Sinking
f ASinking
Copenhagen
A-0
Jan 1961
external
f
s
$
Mtge Bank 6 Vis
fund 7s of
69
J- J
bonds,,,,,:—1970
37
A-O
F-A
External
of)
loan
5s of
4%s
4,/2s external
1914—-1949
series
debt-
C
AExternal
sink
fund
AExternal
sink
fund
3%-4-4VaS
43
External
44
External
conversion-——„. .1979
8
.
44
82
53%
6
79
12%
18
External
20-year extl 6s
gold 5%s_,—.
External
gold
El
Salvador
4s
-
extl
f
f
3s
extl
Greek
Government—
A 7s
part
part
19
59
54 Va
82
J-J
7c.
7s
-■
-
A
(US)
3 Vis
5%
5 Va
50
100,
1
15%
V
15%
*24%
'
-
,:
*
27%
fund
extl
261
4
27%
8
,
26%
*6%
*32
J-D
7%
4%
J-J
6
J-J
reduced
<Rep of)
2008
24%
2008
external
A-O
'
A-O
4%
5
1963
6 Va
AExternal sink
Series
K
Ref
30%
,,
19%
31
30
33
22%
26 Va
2006
Janeiro (City of)
8s_—,.1946
Stamped pursuant to Plan A
Pgh
(Int
pursuant
reduced
to
to
1
89 Vi
97%
82%
12
68%
94%
80%
5
67%
(Int
A6s
pursuant
to
78
4
66%
9€
79 Va
1
73
*
external
(Int
sink
A 7s
reduced
fund
external
Stamped
(Int
-
7s
1967
77
93
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1950
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1956
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29
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II
series
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4
1960
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1968
?
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1958
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1952
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v
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1945
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1945
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1960
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95
65
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74 3 i
Credit Consortium for
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.
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1964
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.1978
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—
Italian
.
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121
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70
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Jan 1, 1976
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105
*106
A-O
AEstonia
French
A
10214
101 %
1962
$
s
s
JanuarjV %
No.
1937)-
A Venetian Provinces 7s
107'/a
—1955
4Vis
(Republic of)
3'/is extl
-
3Vis
99%
1
107% 107 Vi
J-J
„1942
•
,
-1964
6s__—
bond of
($
3%-41/8-41'\1s extl conv
.,4-4%-4%s. extl readjustment—
.
102%
—
*99
107 %
•
gADenmark
Range Since
Sold
High.
M-N
readjustment—_— 1979
58
12
13
*102 51
F-A
F-A
-I960.
73%
75
41
72 Vi
68
12 Vi
J-D
1946
8s—
41
71%
M-S
1949
_1977
:
Sinking fund 5Vas__
1953
Czechoslovakia (State)—
Stamped assented (int reduced
to 6%)
extended to-—
1960
extl
41 Vi
—
67
M-N
(Republic)
45
69
*41 Vi
M-N
Bonds
■
Low
3G
*41 Vi
J-D
Range
Friday's
or
Bid & Asked
High
69 %
19
37%
*41 Vi
M-N
1947
Sale Price
New York Stock Exchange
"
1946
fund 7s of 1927-
(Republic
1
69%
36 Vi
,,1947
1926
(City) 5s--_—
:—1952
25-year gold 4V2s—
,,__,_1953
ACosta Rica (Rep of) 7s,__L——1951
Cuba
Low
Last
Period
"
January 1
No.
69
*69
A-O
Week's
Interest
BONDS
Range Since
gAUruguay
.—Oct 1961
;
]»..
Friday
Bonds
Sold
High
NOVEMBER
ENDED
(Republic of)—
AGs of
3s
WEEK
<
Champion Paper & Fibre deb 3s__4l965
Chesapeake & Ohio Ry—
General gold 4%s_
,,1992
Ref & Impt M 3Vis series D
,1996
Ref & impt m 3 Vis series E
1996
R & A Div 1st cons gold 4s
,1989
2d consol gold 4sJ
1989
J-J
m-s
98
119 Va
m-n
.
9 7'/a
F-A
98%
3,4
98%
119% 119%
99
109
95
104%
99
19
95
106
J-J
114
114
3
114
117'%
J-J
*__
110%
109 Va
HOVa
97'%
S7'%
.
Volume
168
Number 4753
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
31
NEW YORK BOND RECORD
RANGE
Friday
'
■
BONDS
.
New York Stock
Sale Price
Bid & Asked
Ot,
Period
NOVEMBER
19
Week's Range
Interest
*/'*
Exchange
FOlt WEEK'ENDED
Bonds
January t
No.
Low
High
Week's Range
Friday
Range Sine*
Sold
o
Low
,;\,A BONDS
.
Interest
New York Stock Exchange
Period
Last
.
or
Sale Price
Low
Chicago Burlington & Quincy RR—
.'General
1st
&
lit
&
1958
—
ref
&
1st
4s
4 %s
series
AGen
.1st
B________1977
ref mtge 3Vas__
ref mtge 27/aS
Chicago. & Eastern
111
inc
mtge
mtge 3%s
110% 110%
P-A
97%
5s
1997
;
B
J- J
„_1985
451/a
1st
*75
111
75 Va
10
55%
61'A
21
54 Va
48
49%
32
39 Va
55%
93 '/b
&
Paul
A____Jan 2003
118% 119
High
__
M-S
58%
103'/2
103
*• 1021/4
22
__
102
63
102%
50 Va
M-S
deposit_a.____^__^
104
100
__
53 Va" 59%
,
66
55%
M-N
62
102 Va
105
103
'103% 105
J- J
49 34
103
*
98=%
—
88'A
J-J
100% 1013 a
96
A__Jan 1 2019
99%
Apr
67'/4
67%
69
50
65%
Apr
55
54%
55 Va
77
53 Va
61%
4%s
Jan 1 1999
B
Apr
1989
&
61
59%
J- J
90
J- J
A.Jan 2019
ser
Chicago St L <fc New Orleans
5s
106
Apr
91
90%
,
Memphis Div
1st
*100
J-D
101
1951
gold 4s
J-D
1951
J-D
Chic Terre Haute & S'eastern
Ry—
1st & ref M 2%-41/4S__l_.
1994
2%-4'As
Union
*101Va
J-J
1994
78
78
J-J
*70%
3%s
West'n
series
P
V
—
■
14'
91%
128
__
94
71%
.
100
.
101
1
B
3
81%
86
971'u
98%
6
97%
101
7
1952
J-J
119% 119%
1976
D
J-J
1973
series
J-J
116
110
110
110
109'A
112
13
116
123%
3
110
117%
116
__
101
100
—
102
mtge. 3%s
ser
N____
~___1990
J-J
•=•88%
90
87%
Gen
mtge
31/as
ser
0___'_
:_2000
J-J
."88v4
90
88
98-
Gen
mtge'
2%s
ser
P
^^___1982
J-J
84%
mtge
2%s
ser
2010
J-J
74
mtge
2'/4S
ser
L_1961
J-J
Bay & West deb
Debentures ctfS' B
A
•
3
78
91
74
—
80
J-J
J-J
104
104
105
10
MS
104%
104% 105
25
102
A-O
*98%
J-J
*99
104
3
*100% 101 Va
—
101 Va
106%
99%
102 '/a
102'A
—
105%
106%
'
.
■{
ctfs
A___
Gulf
Mobile &
&
Gen
1st
Ohio
ref' 4s
ref 3%s
B_._
Util
1st mortgage
72%
74
10
70
82
95
74,
A-O
•
92%
74
8%
5
95%
91%
■=
4
9
74
63
.
12
6 %
7
100%
1013'4 101%
__1975
J -J
97%
J-J
76
L__
D_____"_"_
inc 4s ser B
Collateral trust 3%s
States
82%
4-
A____lJuly 2015
ser
seris
Gen mtge
Gulf
ii
11%
■
102%
RR— :
series
mtge .inc 5s
&
84%
95
Feb
L__1959
99 Va
84
i
Feb
:
Greyhound Corp 3s debs
1st
78
75
R_
A Green
105
100
1975
lst.& ref 4 %s series D_1
series
4%s
85 %
Af-N
1st mtge 2%s_1965
Co—
85%
Gen
•101%' 107%
,
J-J
103
101
Gen
'
1952
104
5'/2s
General
94
1963
_
4s
Co
Ry
(B F)
Northern
General
89
1962
_
conv
•=•
J-D
M-S
;__1969
General 5s series C_
.
1963
G
ser
Indiana
Goodrich
70 Va
Station—
mtge 2%s
5s____1949
cons
inc debs
Great
58
-
•
105% 106
1951
Gold 3%s;
Berg Co
Realty & Utilities Corp—
conv
Gen
206
61%
Pacific
4%s
conv
A4s
75
Jan 1 2044
RR—
ser
General
106
Pac
B
ser
Gas & Elec of
93
1994
&
J-J
Ry—
4s series A____>_______1994
mtge
'
1956
A
ser
inc
Jan 1983
Southern 4s
mtge conv inc
&
103
J-D
Francisco Sugar coll trust 6s___—.1956
67
A__
ser
Chicago Rock Island
1st
Low
80
fel
mtge 3s ser
Chic
January 1
Vo.
90%
75 Va
J- J
inc ser
conv
1st mtge
Range Since
Sold
120 Va
79
ot
Af-N
1961
_1959
A_r.J_______1974
& ref 5s series
ACertificates
80
5;
17
mtge 4%s inc
Income
71%
.
85%
Gen
Chicago
79'
A 1st
51 Va
84%
4%s
AGen
34
21
J-J
St
1st mtge
99 =
J- J
A
Chicago & North Western Ry—
1st
Firestone Tire & Rub 3s debs_;
JFlorida East Coast 1st 4'/2SlT.;
100%
91
Af-N
mtge 4s
2nd
93
11
1988
mtge 4%s inc
Milw
1st
.
109%
13
/A ;
High
Bonds
112
112
1982
Chicago Indiana
Chic
95
•
mtge 4'/2s^_i—Jan 1 2038
inc
mtge 4s
A2d
a*'— '
43, 45 Va
Af-N
108
'
'
97%
94%'
«,
Chicago Ind & Louisville Ry—
A
8
*110% 111 Va
F-A
1970
Chicago & Erie 1st gold 5sL
•Chicago Gt West 1st 4s series
..AGen
1985
___
110'/2
F-A
RR—
conv
ser
J-J
Friday's
Bid & Asked
High
1st
M
1969.
J.Jan 2044
;
97%
2
76
76
1
<■
60
•.
A-O
1978
68%
61
172
80
92 Va
100
66%'
56 Va
•=•94
J-J
Af-N
Vz"
'
101
93
99
60
Apr
1968
2%s_,____1976
3s__
97%
>
A-O
97
~2
94%
9
97
93
93%
97%
noi
93%
-S.
■
).
Cine Gas & Elec
.
1st mtge 2%s
1st mortgage 2%s
Cincinnati Union Terminal—.
__1978
.
1st
mtge gtd 3%s series E
1969
F-A
1st
mtge 2%s
1974
F-A
G
ser
City
Ice
City
;
Investing Co 4s
Cleve
&
Fuel
2%s
debs^
Cin
Chic
&
gold
General
5s
Ref &
Cin
St
Cleveland
Div
1st
*91
81
J-D
*_-'
91%
1993
trust
J-J
1991
J-J
4s___1990
Electric Ilium 3sT
mortgage
Cleveland
J-D
1977
(stamped modified)!____
Columbia
Gas
&
Elec
3>/8s
Sou
Columbus
Toledo
&
Conn River Pwr
ref
A-O
A-O
Baking
1st
___1977
&
ref
AIncome
Morris
1972
2%s
1968
1st
mtge
Denver
&
1966
!
1
&
107%
extended
*89%
*50%
52
38%
39%
83
83 %
33 %•
;
Salt
*
97
98
100% 1001/2
95
17
1973
Af-N
86
86
1
Af-N
63
62
63
Af-N
6-J
66%
67%
37
99 V*
1031/4
1973
80%
88%
13
A-O
54
68
59
54%
68%
1
:
100% 100 Va
J-D
--
;v
•/i'.A-'
100 Va
=
—
—
'
1993
J-J
CO
84%
CO
103
—
;v
'•
.
80
4
Apr
65%
63%
65%
int)__j____..1993
J-J
J-D
79
79
MS
*108
V
I
101%
51%
78
M-S
80
-
—
93
70%
-a
J-D
104%
;;
>*75
1
97 Va ;■
*96'A
.104% 105 Va
J-D
1995
-
-
*71 Va
Af-N
103% 103%
M-S
debs.
83%
J-J
1977
75
84
82%
95%
.
.
J-D
.1937
/•
Va1".
*95%
96 '/2
47%
47%
47%
F-A
99.
98
99
5s____1956
•
.
...7;.
■
••'
12
__
1
21 y
96
81
71
106%
86
96
98%
38
49%
96%
100%.
•=■1111/8 111%
110
112%
•=T42
141
156 »/2
102
1970
M-S
105
105
1965
A-O
•=•101
1965
A-O
'=•
stamped-.
Erie Railroad Co—
inc 4%s
A:
ser
1
t
cons
cons
Ohio
For
Div
ser
1st
mtge
footnotes
see
104%
Jan 2015
E>'
J-J
1964
A-O
1990
J-J
G______2000
23
__
69
3s_^
*100
84%
82%
101% 101%
J-J
5s
100
J-J
101%
" J-J
101
97
•='101%
F-A
1951
N O—
&
94%
83
88%
87%
30
81%
83
83
6
77
88%
100
100
5
95
101%
Ry
4s
A
ser
J-D
1st
Northern
94%
series
6s
A
*100% 102
J-D
*__
J-/
July 1952t
BJ
--
74%
76
24 %
26%
213
66\'i
68
30'
67
68
73
65%
74
A-O
J-J
1st gold 5s series C
__1____1956
§Alnternat Hydro-:Elec deb 6s_^
_1944
Int Rys Cent Amer 1st 5s B
__1972
A
68
66
15
72
26%
J-J
1956
68
A-O
■;
•
M-N
Jamestown Frankl & Clear
Jst 4s__1959
Jersey Central Pow & Lt 2%s
.__19,76
•
page. 33,
85%
52'/a
JtD
73%
Af-S
96%
73
76
20.
43%
48%
71%
50
71%
67 Va
60
*96% 102
96 %
w
99
73
83
95%
'40
75
102
-
96%
1.
98%
K
A-O
Kansas
J-D
*97%
J-D
*99%
1st gtd gold 4s__1990
City Power & Light 2%s__1976
1st mortgage 2%s
___2_1978
1st
City
Southern Ry
1st
mtge 4s
1st mtge
ser A;
3%s series B
Kansas City
,11975
Terminal Ry
4%s
101%
A-O
.
102
2%s____1974
94%
"
__
5
105
A-O
98%
99
98
Va
■V—'
97%
100%
99%
-v."
__
101% 102%
100
101%
96%
.
97%
103
104%
99%
4
97
100%
10.9
1
109
114 Va
*45
J-J
99
109
J-J
50
J-J
*100%
J-J
1961
95
101% 101%
*__
J-D
Kentucky Central gold 4s_l______1987.
Kentucky & Indiana Term 4%s
1961
Stamped
^
_______1961
—j.
•*93
A-O
3s__1950
:
,l______1968
__
*108
50
44
100 Va
97
—
_
_
112 Va
112%
'
unguaranteed
1961
h___
Kings County El L & P 6s
_1997
Koppers Co 1st mtge 3s
1964/
tAKreuger & Toll 5s ctfs________1959
*07
—
100
J-J
101
98
97 '
A-O
t
176
169
A-O
Af-S
Laclede Gas Light 4%s conv debs_ll963
Lakeffont Dock & RR Terminal—
1st
mtge s f
Lake
Sh
3%s
& Mich
3%s registered
Lautaro
A 1st
Nitrate
ser
A__l
1%
8
99%
103 %
12
l3-
10
111%
102
I991i
J-D
*94%
96
88 Va
98
.' J-D
*88%
93
82%
90
_1975
Dec
90%
90%
2
81%
92
1
_1970
A-O
95
95
7
90
1
1954
F-A
13
95
,11964
F-A
Ltd—
mtge income reg
Coal & Navigation
mtge 3%s
104% 105
J-D
_1997
J_'_
Co
Af-S
!_1963
Sou gold 3%S_
;
:
Co—;
ser A
Lehigh Valley Coal Co—
5s stamped
1
5s stamped
5s stamped
1
1974
106%
4s
95%
95'.%
100 %
98%
100 %
84
96
95%
82%
95
66 %
60
71%
70
67
75
27
39%
38%
96
11
•
Lemgh
105%
100
F-A
105%
100
F-A
Lehigh Val Harbor Term gtd 5s
1954
Lehigh Valley Ry Co NY 4%s ext_1950
Valley RR—
stamped modified
95
registered
4%s stamped modified—
4%s registered'
81
86%
5s
991/4
85 V*
90
93%
102
100
—
100 %
RR—
A_"______lj_l____i952
73%
85
101
86%
93
■=•951/2
103
101
93%
64
■=•80
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--•
J-D
5
M-S
;
J-D
39
MS
102
__
__
_1963
95
J-J
1
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*102%
.«
C___l____1963
69
86
101%
__
A.Ljl____1963
ser
95
■=•841/4
101
97
101% 101%
series
Great
series
103
95%
•=•100
series
4%s
series
99'A
__
•='100
J-J
J-J
1st" 6s
104'A
F-„4
3%s___1951
108 Va
89%
77
46
104'%
F-A
L
84%
98 Va
1951"
1st-gold 4sl
102 Va
104 %
1951
2
7. /,
10
103 Va
1951
gold 3s_-
67%
1953
II
J-J
100
148
3V<ts..f:__i___i971
mtge 2s ser
'=•103 %
1951
3s
J-D
__l_
4s
mtge 3V4S
1st
gold
5s
101 %
105% 105%
F-A
101%
105
1st 5s
mtge 3vas ser
mtge 3'/8s ser
102%
101
101%
M-N
gold 4s____1950
Indianapolis Union Ry Co—
Ref & Imp 2%s" ser
C_____
_1986
Lehigh
M-N
El
1st cons
102Va
95
M-N
98%
76
J-J
1995
1st cons
98 Va
105%
68%
58'/a
J-J
Ed El 111 (NY) 1st .cons gold 5s
Elgin Joliet & Eastern Ry 3%s
Gen- mtge
2.
1950
gold
& Term
Indiana 111 & Iowa
S F
5-
103 Va
105%
100
104V4
104%
310
77
-1976
S'western
98
100
llOVa
100 Va
•v"-'
-1958
,
66 Ve
107%
12
'
101% 101%
-1961
&
8
J-J
2.-1952
70
J-J
Plain
-1995
Paso
99 Va
104 %
97
*
1st
2
104
1970
A
100%
102 % 102%
1966
1st
mtge 4s
JInternational
102
100 Va
__
103%
100%
__
101%
102
fixed
East Tenn Va & Ga Div
*
1031/2
89
i
dc-bs
2.35s
•=•101%
M-N
ij-.
Terminal
Kansas
3s__.
—
ref
ref
102 Va
102
Kanawha & Mich
!
1982
Chemical
36%
(4%%
(3%
1st
A 1st
37%
991/2
93%
Joint
100
A-O
r_1955
Chic St
84
IO31/2
A-O
1970
Dow
80'A ;
95'/2
J-D
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Lake
mtge
J-J
-
gold 4s__ft_^_^__1953
1st
AAdjustment
IIO31/4
"TOO
West RR—■
A
Div
and
94 V2
100 Va
Af-S
3%s____i_
4%s
42%
'
J- J
1966
conv
•
31%
May 1 2042
1 % ' contingent
3s
55%
34%
Af-N
contingent int)
&
94'/a
33%
36'/a
A-O
3 VaS-—^-. 1977
mtge ser
Income
101%
45
A
36'/2
*31 Va
1963
fixed
mtge ser A 13%
\% contingent int)
—1
Denver
101%
37Va
•'
Cent
95%
1952
_i_
Western Lines
111
Illinois
48
2
29%
\_.:___1951
3,%s __J_L
Springfield Div 1st gold
110%
102
8
34%
d34'/2
J-D
;
a
68
17 Va
150
■=•103.
A-O
1961
Gold
K*
&
97%
8 = '
57 Va
1955
5s
Div
ref
88
;jr....
1st
AIncome
j-j
Co—
C
Light
Grande
Omaha
1st
96
91
105%
102%
J-D
3%s__L__j___195L
Bridge gold 4s
1st
div
ser
tr
Cairo
103%
lOOVi
102'A
1993
RR
95%
gold 4s
trust
Debenture
100
106
296
2
J-D
1965
95 VB
36
*100
96%
100%
99% 100 Va
J-J
1975
9
101 % 101%
100
99
92%
21
23%
96%
103
70'
95%
98
88
59
J-J
'
1978
sterling%_'
trust
Refunding
101 Va
division
coll
3s
Collateral
107%
31
J-J
i_Tl______1965
4s
96% -■
J-D
.
B__
94%
107 >A 107%
J-J
___1978
West
104 »/a
94
43
..
96%
127 Va
94
■
1
1951
lines
104%
95
.
95Va
96
J-D
&
gold
Purchased
107
104%
101
94
M-N
1942
ser
101
10
101% 102
M-S.
1965-
4-6s_____
Rio
94%
A-O
2%s___1975
3Vbs—
Western
Power
94%
M-N
debs__
Essex
&
*__
95
J-D
1st 5%s
5s
106%
104 Va
7
132
57%
21
4s
102%
--
105% 105%
J-D
1963
mtge due__
Tr
Delaware
105%
A-O
____1972
1st mtge 23/4s
M
1st
Registered
1977
:_
Gas
*104 Ve
M-S
3s
&
98%
15
A;
94%
j
7.
22%
Louisville Div & Term gold 3'/2s_1953
A-O
1982
3s
Lack
58%
—
5
103
A-O
1
4s
St Louis Div
F-A
__1965
D
Ry
& Hudson
106%
gold
Refunding
York—
B____
receipts
Lack &
■";A
102'/a 102%
J-J
1961
A__.
ser
Ry 3%s
Deere &r Co 2%s debs
Delaware
44%
66
101% 102%
94%
93 %
103
F-A
Telep 2%s series A___1981
Collateral
J-D
3%s
New
ser
Union
Delaware
102 Va
F-A
1978
series A deposit rets
__1946
§ A6s series B deposit receipts___1946
mortgage
25
*__
,§A7%s
Dayton Pr & Lt
107 %
Va' 104%
F-A
4s
§ A Deposit receipts
2
A Cuba RR 1st 5s
gold -l__________1952
SADeposit
96
1955
extl
mtge
Northern
108%
100%
40
:"=,''V
46
Bell
5s
gold 3 V2S—___•
Extended 1st gold
108 Va
1st mtge
Steel
44%'
Af-N
104
10
V
102'A 103'A
1st
103%
of
Natural
SACuba
5
104
Corp
series
Crucible
'"
107%
106% 107
•
101
debentures
Continental
>107%
A-O
93'A
M-N
1957
1st
4
mtge 2%s ser C___
Coll
1st mtge 3s series B
Illinois Central RR—
101%
104% 104% ,7 ';-••••=• 2
3s
1st
Illinois
101%
95
income
Litchfield
mtge 2%s
Consumers Power
"37
/
102V4 102%
ref
Y
104%
101'/a
;
M-S
N
Edison
Consolidated
••
Il'
1.'
.
.
A-O
ref
conv
>100% 100%
__
J-D
1962
,_1949
94%'
106
AAdj
Co—
mtge 2%s
ref
*101 %
93
117
!
92
102 Va
17
94%
ni7V8 119
94%
70
1970
1st <fc
N
103% 104
.
1973
3%s
1st <fc
1st
59 Va
84Va
12
__
99%'
El
f 3%s A__
s
Consolidated. Cigar
Consolidated
Dayton
67
94%
J-J
777/8
•
Ry & L 1st & ref 4%s__J___195l
3s
65%
*86
Af-S
J-J
Feb 1957
97
74
1976
Hudson Coal 1st s f 5s series A
Hudson Co Gas 1st gold 5s
Hudson & Manhattan 1st 5s A
68
—
A-O
1980
debs
mtge 3s series L
&
.
M-S
1st
1st mtge 3s series
1st
82
97
1971
Ohio
Commonwealth Edison
&
78
1—J.
debentures '
Columbus &
1st
93
82
70 Va
F-A
_
Conn
__'
J-D
mtge 5%s series A—
1972
1st mtge 5s series B_>.._:L1
.__1973
i.
1st mtge 4%s series C_iI.L___
1977
Colorado & Southern Ry^
•
1st
91
.
68%
JrJ
1982
1st
3V<s
Hocking Valley Ry 1st 4v2s_r_____1999
Household Finance Corp 2%s_l___1970
Pittsburgh RR—
Series D 3%s gtd
1950
Cleve Short Line 1st gtd 4Vas_____1961
Cleveland Union Terminals Co—
4%s
101%
103'A
69%
M-N
___1970
3s________,__..
*99%
H
Hackensack Water; 1st mtge 2%s
-96%
:
95
*80
1st 4s_
coll
"I
97'A
J-D
1_
Div
—
109
Ry—
B
Mich
OO
106%
1993
Louis
,
__
J-D
impt 4 'As series E_1
Wab &
Louis
1st
series
97%
••A—
_1961
4s_L_____
St
97 \\
96%'
__
___1966
debs„__
General
*108%
99%
78
95 Va
inn
stamped
modified
66 %
J-J
1
.—2003
Af-N
:
2003
Af-N
2003
*68
Af-N
2003
Af-N
;
?.
2003
8 6'A
Lehigh Valley Terminal Ry ext 5s_1951
96%
Lexington & Eastern Ry 1st'5s
Liggett & Myers Tobacco 5s
mo
*92
.
Af-N
-A-O
1965
A-O
35%
*39
41%
39%
e
43%
70
•
108
37%
135
26%
45
41%
54
42 Va
70
108
44
71
122%
108
25
5
_.
1
30
42%
29%
44 Va
*120
A-O
1951
36%
40
36%
47
67
78
120
121 Va
107%
111%
!
32
(2140)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
-
-
■
. -
ft Monday, November 22/1948=
-
NEW YORK BOND RECORD
RANGE
BONDS
•
I;
•
Interest
••'
New York Stock Exchange
•
--Period1
Last
or
Sale Price
1962
1949
No.
High
Low
J-D
Long Island unified
4s__
Guaranteed ref gold 4s
1949
stamped
Lorillard (P> Co deb 5s
1951
3s debentures
Louisville Gas Si Elec 3 Vis
1st Si
ref mtge
107 %
F-A
1963
100
Prior
102 Ya
100 »/8
102
5
107 »/a
110%
Ref
&
10
100%
102%
Ref
&
2
105 %
108 Y*
Ref &
107 »/2 108
A-O
102'A 102%
1966
M-S
106% 107
Last
Week's Range
or Friday's
Period
Sale Price
Bid & Asked
4s
,
3s
M-8
1997
Q-J
1997
lien
Q-F
Range Since
Sold
January 1
No.
Loic
*;_
High
23
99
107%
96 %
103
67
60%
68
60
65'ft
86 %
94%
100
60%
62%
Q-A
60
60
60
2
2047
2047
J-J
86%
86'ft
88
34
93
93'/a
J-J
93%
94
1975
M-S
2047
impt 4Vis series A^.
impt 5s series C
impt- 5s series D
trust
104
61%
4Vis
■
J-J
1st &
ref
3%s series F
2003
10
87
101%
Northern
1st Si
ref M
2 %s
2003
A-O
79
79%
25
77
89%
(Minn)
1st
r
Bonds
2047
3s
registered
Coll
High
103% 104
Q-J
Jan 1 2047
4s__
registered
General
Louisville & Nashville RR—
\
*
Pacific Railway—
lien
101A
100 »/8
15
100 ft
ft 100 ft
1978
3s
34
Northern
8
100 ft
100A
100ft
■
Interest
Low
99%
Jf-8
-
/.ft :
'
BONDS' *
ft.' New York Stock Exchange
■
107
18
Jf-8
;
19
High
107
Jf-S
1949
4s
NOVEMBER
"
Range Since
January 1
Sold
M-N
1952
ENDED
Friday
Bonds
Friday's
Bid & Asked
Low
tittle Miami gen 4s series A
A Lombard
Electric 7s series A
FOR WEEK
Week's Range
Friday
ref
3 %s
2003
A-O
95
96
34
95
96
1st
mtge 2%s__
1975
1980
Jf-8
*93%
92 Vi
96 Va
1st
mtge
4978
1955
Jf-N
*101%
1977
A-O
10
100
92
11
101% 102'ft
92%
100%
67
99 Va
104 %
J-J
Cine Div 4s_;
93%
A-O
gold 3s_
93 %
101%
&
St Louis
M
M
Div
Atl Knox &
2d
series
G
H___
scr
A-O
89'/a
89'/a
99'A
108%
__
States
(Wise)
HI
Power Co—
,
mtge 2%s—
1st
1974
3s__
1st mtge 2%s
F-A
95 %
96%
97
97%
99
*98% 101%
95 %
99
95%
20
98
M
Macy (R H) Si Co 2%s debs_
Maine Central RR
1st
mtge
&
RR
4s
con
Manati Sugar
Manila
4 Vis
__1972
B
ser
M-N
A_____1960
ser
1954
4s
*97'
M-N
*__
J -J
Metrop Wat Sew Si Drain 5 Vis
Michigan Central—
1950
A-O
1951
M-S
*100%
1952
Jf-N
*101%
Jack Lans Si Sag
3Vis
1st gold 3 Vis
Ref
&
hnpt
4Vis
series
C
Paul
___1979
102
19
;
99%
97
—
*__
Jf-S
*__
A-O
100
100
Mo Kansas Si Texas 1st 4s
1990
J-J
..
86
84%
J-J
51%
J-D
72%
51%
„
86
& ref
1st
Si
/
66
52
101%
-
Prior
lien
40-year
Prior
49%
57%
27
68%
&
Pacific
79
A Cum
adjust
^Missouri
A 1st
General
A
1st
Si
J-J
80
J-J
63 Vi
J-J
RR
A
Jan 1967
____1975
Jf-S
Tel
69 '/a
61%
71%
68
3
47
80
Pennsylvania-Central Airlines—
87
22
71%
90
46%
445
30%
Paducan
200
71%
90%
18%
31%
Jf-S
1978
M-N
86
Vi
85%
87
1949
Jf-N
28%
27%
28%
1980
A-O
86
87
197
71%
F-A
86%
86
87
-
214
71%
90%
M-S
63
63
64'/a
8
85'/a
87
59
386
gold 5s
series
H
I
series
1st gtd gold 4s
1991
Monongahela Ry 3'As series B
Morrell (John) & Co 3s debs
Si
Essex
1st
gtd
86
Vs
1966
3Vis
F-A
M-N
*101
2000
1955
Constr M 5s series A
Constr M 4Vis series B
Mountain States Tel & Tel 2%s
3 Vis debentures-
56
J-D
M-N
1955
55%
73 Vi
78%
34
54%
7
68'/a
73
A-O
74
26
64%
6
88%
5s
Newark
1st gtd
3s
Tel
4 Vis
Si
series
Jersey Bell
N
Junction
J
New
Jersey
&
Light 3s
93%
Gen
;oo% 104%
deb
4s
5s
A
5s
A
4 Vis
4s
5Vis
series
Cons
4s
Ref
&
Ref
Si
Central
series
mtge
105%
76
99%
108'/a
41
104'ft
100
100 %
43
94
103%
J-J
100
100
100%
23
94
103'ft
A-O
100%
100
100 %
84
97%
100'ft
J-J
83
83 %
10
78'ft
A-O
60%
60 %
1
59'ft
14'A
14'ft
1
14%
Mich
J-D
*97'ft 101%
96%
99
Jf-N
100'/a
101
J-7)
J-D
101'ft 102
j|-N
116% 116'ft
A-O
J-J
F-A
*101
102
99%
103
A-O
1st
N
mtge 3s
103
91
Dock
1st
N
Y
Lack
4 Vis
N
Y New
1st
Si
93%
A-O
68
A-O
75
1997
J-J
82'A
-1997
J-J
F-A
F-A
99%
Harlem
1st
tAN Y
River
&
Hartford
N Y Si
N
Y
1st cons
Elec
Gas
&
N
Y
Telephone
60
232
66%
76
1st
87
73
84
83
16
79%
88%
76
82%
62
69%
61
65%
Pittston Co
60
68
Potomac
57%
64
—
64
31
—
60
"3
62%
60
99%
1
99%
4
n
mtge 4%s series B
1st
gen
1st
gen
12
98
*100
71
71
Jf-N
*78
81
ft,
,
11
110%
103
15
99
84'ft
—
99
89'ft
103'ft
Elec
I
1st
mortgage 3s
1
Terminal
ref
4s
&
ref
ref
mtge
103%
100'ft
103'ft
93
A-O
91'ft
A-O
107%
F-A
93
1
79%
93
91'ft
91%
1
81%
93
92
J-D
92
1
79 Va
93
1
107%
117
107% 107%
*100%-"—'
J-J
J-J
105
1983
*99 '/a
101%
106'ft
99
J-J
99%
»
105
*__
—
Jf-S
105
90
100
*98
90
107%
105 Va
108'ft
1972
2037
Jf-N
102% 102'ft
101'ft
105'ft
J-J
*__
2037
J-D
1964
mtge 5s
Si
100 Va
6
F-A
1956
mtge 3s
1st
2
100% 100'ft
J-D
J-J
Service Elec Si Gas 3V4S—,.1968
&
100% 100%
100%
1977
mortgage 3'As
1st
100%
A-O
J-D
1964
1st mtge 3'As—1966
Pwr
J-J
—1977
„
5%s inc debs
8s
J-J
*106
144
142
145
220
210
216 'ft
77
76%
85
Quaker Oats 2%s deb.
A-2022
99
100
70'/a
5
—
110'/a
100
97
100%
Jf-N
111
103
99%
107
107
*88%
M-N
1974
5s series C
4%s series D„
1st
99%
100
1958
1959
1st mtge 4%s series C
1960
Pitts Youngstown & Ashtabula Ry—
1st gen 5s series B
1962
*109ift
1973
J-J
66
Vi
65%'
67%
329
60%
43'/a
42%
44%
629
31
99'ft
99%
86%
12
87
98%
100%
75%
May
52%
Jf-N
M-S
1955
J-D
gtd 4s
*103
10'/a
Jf-S
72
7%
5
62
3
96%
97%
60%
61'ft
A-O
1977
J-J
4_
J-J
106'ft 106%
1943
-—1982
61'A
J-J
F-A
*40%
*__'
F-A
22'A
Jf-N
J-J
2014
A-O
Norfolk Si Western Ry 1st gold 4s_1996
Northern Central gen Si ref 5s__
1974
97
53
51 Vi
23'A
95%'
94%
102
100%
95'/a
102
,
,
•
52%
40
mtge
4%-s series D
3%s series H
3%s series I—
Gen mtge 3'As series J
tARut-Canadian 4s stamped
t§ARutland RR 4%s stamped
93%
1
101%
99%
101%
Saguenay
106%
109'A
St
5
4Vis series A
1974
92%
57
49
A-O
127% 127%
13
127
M-S
*—
M-S
110
1977
1967
1967
1969
1949
1941
1971
123%
*._
M-S
M-S
M-S
*107%
M-S
*106%
M-S
104%
J-J
11
108'/a
107'ft
104
106
10
9%
J-J
107'ft
107'ft
__
„
104%
104
•'
7%
13 '
11%
7'ft
15%
98%
92%
129
109%
Adir
3s series
1st
A—
gold 5s
gold 6s
Rocky Mt Si P 5s stamped
St Louis-San Francisco Ry Co—
1st mtge 4s series A
116
105
Power
Lawr Si
St L
108
1996
—1996
1955
1997
A2nd mtge inc 4'/2s ser A—Jan2022
33.
93'ft
102%
105
2d
83
83%
101
78%
10
107'/a 107%
92'/a
87
Jf-N
Corp—
mtge
17
100% 100%
Elec
mtge
Gen
Si
Jf-N
29
73%
77Va
Gen
97
107%
12%
Gas
Gen
69
97
30
11
Rochester
98%
105
32
40
7'ft
60'ft
4
"9
Reading Co 1st & ref 3%s ser D—1995
Revere Copper Si Brass 3%s
1960
13%
95%
15
__
R
103
11
4'ft
1993
Ry Co—
inc
page
98%
10%
5
1963
23As
conv
see
1965
;
82%
.
M-S
ref
debentures
3%s
75%
1973
1966
Si
A-O
68 'ft
63%
109
Pittsburgh Consolidation Coal—
91
82%
96% 101
3Vis
-For footnotes
A-O
1975
'.series E
1st mtge 4%s series A
62%
F-A
Gen
96 %
87%
J-J
mtge 5s
97%
Public
June 1992
gold 5s
23As ser D
Southern
1975
5s series B
3%s
70%
80%
106%
113%
3
—
105'ft 105%
J-D
mtge
Providence
1981
.AGen
1970
mtge
97%
4s
1st 3'As
Power
._1964
series A
5s
Gen
91
1978
Norfolk
*113'ft
gtd 4%s series J
mtge
Gen
92%
84%
102
1103 ft
105% 105%
Jf-N
Gen
91
ser E_
Falls
--
99
Pgh Cine Chic & St Louis RR—
90%
85
34
94'ft
*113%
81%
series F
Niagara
94%
34
F-A
92%
-2007
ser
1st
Ref mtge 3Vis
Ref mtge 3s
93%
78%
20
96'ft
.*103%
4
'
86
102
F-A
98%
IN Y Susquehanna & Western RR—
§ A 1st refunding 5s
1937
§A2d gold 4Vis
x—
1937
§ AGeneral gold 5s
1940
§ATerminal
92%
80
100%
Cons
94%
80%
3
Af-N
92%
Light 1st mtge 23As__1975
Putnam
State
81
56
"
11%
53
*103
J-D
1957
13%
101%
95
J-D
1953
£td 4s series G
99%
101%
101
101%
Cons gtd'4s series.H—^-x___1960
Cons gtd 4%s series I
..1963
*86
L'.
N Y Steam Corp
'f
61 '/a
63'ft
¥-A
8%
11'ft
*8%
,
Cons
107%
104
,100%
*90%
1954
& West ref
deposit
9%
9 %
Chester—
Port
AGeneral 4s
N Y Power &
-
•<
RR—
___1
4s
Ont
~6
ft
J-D
series A
mtge 4s ser A
mtge conv inc 4'As
A Gen
95
of
137
*61
J-J
&
101
102'ft
_
A-O
__2043
4s
9%
Cons gtd 4s series F
;.i
>.
102%
98
—
Certificates
A-O
—w_.
Haven
A
Phillips Petroleum 2%s debs
1964
Pittsburg Bessemer Si L Erie 27/8s„ 1996
Pgh Cine Chic Si St Louis Ry—
63%
*77
J-J
ref
Si
103%
73%
63%
Jf-N
B_
25
101%
1986
F-A
98%
J-J
1980
1951
7
1937
1975
2043
100
99%
1st
2000
100
F-A
67
%
F-A
1998
100
96%
1978
61%
F-A
:1998
102
97
3
2%s
Pittsburgh Steel 1st mtge 4%s
il958
Pittsburgh & West Virginia Ry—
2013
1998
98%
35
ref
— —
100%
36
&
1st s f 4s
97%
98'ft
1st
t§APhilippine Ry
108'ft
2
98
118%
102
110
100'ft
115%
1967
118
104'ft
98%
98 %
J-D
1st
v
113'ft
104%
25
104% 105%
98
—1981
2
—
113%
*110
98
1974
23As
1
--
62
gold 3Vis_—
West
series
103%
100
2%s
ref
6
92%
86
2013
Mtge 4s series A
Mtge 4s series B
96%
98'/a
ref
&
91
*90%
A-O
gold 4s
N Y & Harlem
89%
25%
100'ft
23As
&
1st
103
90%
F-A
B
16
111%
M-N
ref
1st
105%
99%
102% 103
F-A
__:_1998
ser
97
107%
106
103
104%
96%
117
M-N
Si
102%
*100%
F-A
1998
Connecting RR 27/8s
Y
2%s
101%
•
F
ser
ref
Si
19
85
Jf-8
J-J
1st
coll tr 4%s
100'/a
_
gold 3Vis__
registered
*
97
112
Philadelphia Electric Co—
Co—
New York Chicago & St Louis—
Ref mtge 3'As ser E_;
N Y
J-D
105
deposit
Cent coll
3Vis
60%
Apr
1971
102%
B
series
Pittsb Coke Si Chem 1st mtge 3%s_1964
3Vis
100'/a
107
J-J
11
84%
—
97%
104
J-J
103% 104'ft
1954
3Vis
101%
100
F-A
A-O
1956
3Vis registered
Lake Shore coll gold
3Vis registered
5
99% 100
103'/a
97%
107%
1961
Philadelphia Co
N Y Central & Hudson River RR—
General
7
104%
1977
103%
deposit
impt 4Vis series A
impt 5s series C„_
102'ft
102%
98%
49
106 %
& Wash RR Co-
102
91
A
102%
A-O
1974
Bait
6
84%
deposit
RR
35%
2
98%
F-A
102'ft 102'ft
1950
A—
49
98%
Jf-S
Ry—
D
Certificates ,of
New York
.
46%
*100
J-D
1974
"
of
99
104
102'ft
J-D
ser D
J-D
deposit
of
series
98%
104
100 il
/ 45%.
Jf-N
1980
Marquette Ry 3%s
5s
1953
>
17
99
104 %
•103% 103%
45%
A-O
A-O
Apr 1990
gold 4%s series C
1954
of
C
Certificates
A 1st
*.
*
*10032
1985
General
1952
B
series
Certificates
A 1st
A
series
98 %
98 %
1960
General
*98'ft
Certificates
106'ft
J-D
F
91%
86
*104%
A
104%
39
ext
100%
98
J-J
A 1st
90%
101%
94
99%
1952
series
3 Vis
Eastern
&
A Income
Phila
-
.*80
98 Vi
J -J
A 1st
98%
5
31
*93%
115%
3'As
mtge
Peoria
97
J-D
Ref Si Imp 4Vis series A
New Orleans Term 1st gtd
Mexico
93%
99 %
101% 102%
•
1984
47
,
New Orleans Great Nor 5s A
1983
New Orleans & Northeastern
RR—
JNew Orleans Texas Si
96%
115
series E
4'As
98%
1974
4s
90
1981
1986
Telephone 3 Vis
gtd 1st 4s
RR
Power
30
1968
1988
debentures
New
99%
92'%
1965
1952
B
95%
115%
A
1948
5s A
79
F-A
D
1961
Tel
98
97%
A-O
B
series
1982
Consol
New England
103
93 Va
.I960
1954
1st gold 4s__1_
Gas cons 5s
103
98%
>
r
-1952
1967
Supply 2%s debs
Nauguutuck RR
103%
98
83
96%
Jf-S
Peoria & Pekin Union Ry 5%s
National
98%
33
91 %
M-S
Pere
F-A
22
99 %
1965
series
series
mtge
Conv
75
91
4Vis
4'As
Gen
N
Nashville Chattanooga & St Louis—
1st mtge 3s ser B
1980
National Dairy Products
2%s debs_1970
3s debentures
1970
National Steel Corp 1st
mtge 3s_I_1965
104'/a
96 %
J-J
1975
General
83%
*100
trust ctfs
sinking fund 4%s
General
60%
90%
Jf-N
1978
57
1955
income debentures—1960
General
102%
99%
78'A
M-N
1986
104
98% 100
97'A
M- 8
5s_1949
cons
mtge 3s
Cons
104
101%
f gold 4%s
s
,3s s f debentures
Pennsylvania RR—
68%
61%
*103',i
1958
1st.
4s series E
1st
'
ref
ref 5s
108%
98%
98%
•>93%
A-O
Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power & Light Co—
90%
1981
&
106
'
Vis conv
Gtd
90%
72
1977
A__
111
&
Paterson Si Passaic G & E
51%-
F
Si
97%
Pennsylvania Co—
84%
G
A 1st
98%
105
99% 101 %
ii-
A-O
,.1983
61
series
A 1st
102
6
98'b
-t.
J-D
1978
debentures
71%
10
series
Moh'k & Malone
Morris
3 Vis
28
44%
86%
10
25
101
■- 100
100%
■
J-D
1987
L.
1
106
106
100% 101%
100%
J-D
1986
I
31
5s
ser
debentures
debentures
63'/a
5s
gold 5Vis
debs.—
80
ref
AConv
2%s
Tel
&
1981
1980
1985
85%
45%
J-D
:
J-D
Q
debentures
A 3
4s
J-D
._1979
Vi
J-D
l_1977
'
65'/a
Co—
86%
,
J-D
—1974
s
—
67'/a
F-A
2
15
.
104%
J-D
1971
'/a
62
A-O
„1965
78'/a
A-O
1966
.
64%
Si ref
A 1st
!
"
_1978
D
series
5s
Pacific
i
H
1962
1962
series
& ref 5s series A
A
V,
A____
series
4Vis
93%
103Va
2%s series P
ref
3Vis
RR—
series
5s
4s
lien
2
15
FrA
1960
:
& ref 13s series N
1st Si ref 2%s series
93%
84
52
72%
96
.,96
103%, 104 'ft
1975
series K__
3s
3'As
71%
<
93%
1st & ref 3s series M
,1st
,2%s
Missouri-Kansas-Texas
983a
2
„1970
3 Vis series I
ref
;lst & ref 3s series L
101%
98%
3
12
94 %
A
ser
,1st & ref 3s series J
1st
Jan 1991
Jan 1971
•1st
100'A
51
30
99'/a
94%
Pacific Gas Si Electric Co—
87%
101%
60
100'/a
Oregon-Washington RR 3^
106%
96
102%
*56'/a
A-O
99
A-O
1948
-
101
80
-100'A
15
M-S
4s
1st mtge 3s
2%s
101
103%
V,
1st mtge 4Vis inc ser A
A Gen
mtge 4s inc ser A
[
7
19
J-J
—1974
1975
guaranteed
mtge
Oklahoma Gas & Electric 2%s
A'', 99
__
*104'A 106 '■
Jf-S
1st
,100%400%
102%
—
__
81
SAlst
Ohio Edison
102%
98%
~8
'
Jf-S
98%'
98
1
99% 100'A
81
70
94%
>
91%
70
-:
96
tOgdensburg & Lake Champlain Ry—
75%
98
84%
87
102
*99
100
J-J
Si Mfg 2%s
1967
Sault Ste Marie—
<fe
94%
96
Jf-N
Minnesota Miping
St
;
J-D
Michigan Cons Gas 1st mtge 3Vis_1969
1st mtge 2% s
1969
1st mtge 3%s
1969
t§AMidland of N J 1st ext 5s
..1940
Minn
»
67
94%
70
May Dept Stores .2%s debs____.___i972
Corp 1st mtgfe 3s_______^__1960
Metropolitan Edison 1st mtge 2%s_1974
Mead
101%
97%
12
72%
100
*85'A
Jf-N
1959
100'/a
-70'/a
•
J-D
4s sink fund__Feb 1 1957
(Southern Lines)
*99
J -JO
'•ft
100%
*96% " 97%
96
J-J
*70
80
70
A-O
*83
86
75%
85
J-J
*97
98'ft
100
J-J
82%
82%
82%
116
80
May
59%
56%
59%
240
51%
79'/a
,
89%
65 %
Volume .168
THE COMMERCIAL
Number 4753
&
FINANCIAL
CHRONICLE
(2141)
33
NEW YORK BOND RECORD
RANGE
Friday
7"BONDS
:
Interest
1
Period
New York Stock Exchange
„
iNov 1989
J-J
Geh & ref gold 5s series A_i—_J990
J 'J
ihc
bond
ctfs
St Paul & Duluth 1st
Sold
High
Low
No.
98 3A
■*84
86%
80%
iepy»
89%
103
A-O
"101% 101%
"127
100
J-J
99% 100%
8
98%
102'/a
61'%
74%
9
92%
97
2.9
92%
96%
3
28 Vb
56 Ve
20
97 V4
101%
69
68
70
94'A
94
94'A
Shell
A-O
94%-
95
t§ ASilesian-Amer Corp coll tr 7S—1941
F-A
31
31%
Skelly Oil 2%s debs
Socony-Vacuum Oil 2%s
South & Nor Ala- RR gtd Ss
1965
J-J
99% 100
1976
J-D
93%
45
1963
A-O
,
1
^1979
Gold
4%s
4 %s..
—
93
5
91%
97
5
95%
100%
ioo
101
94%
94
Af-N'
Af-N
91%
J-D
89%
87%
99
71
91'A
.
J-J
1961
J-J
5s_____1994
J-J
6'As series A
1956
Memphis Div 1st gold 5s
a—1996
St LOuis Div 1st gold 4s
1—„1951
Southwestern Bell Tel 2%s debs___1985
93
A-O
—.
gen
„
97%
10
108
110%
14
97%
95%
1
73
108
110
25
110%
27
102% 102%
J-J
{"5
21
102%
A-O
94%
95%
Af-N
"102
ASpokane Internat 1st gold 4%s_i2013
Standard Oil of Calif 2%s debs—1966
Apr
Af-N
"101% 102'A4
Standard Oil
deb 2%s—_1971
(N J)
Sunray Oil Corp 2%s debs
&
2%s
Co 2%s
J-J
1973
"
(Hiram), G& W2%s debs_1966
Walworth Co conv. debentures 3'Asa 1976
-
97
110
108%
113 »A
109
102%
104%
93'A
97%
46%
50
102 %
"95% -97%
96%'
92%
100
95'A
98%
100%
"100
5'As
100 %
Baking Co—
debs
(subordinated).,.
1970
1st ref gtd gold 3'%s_^.2000
Washington Terminal 2%s ser A—1970
Westchester Ltg 5s Stpd: gtd.
_1950
Gen mtge
3'As
.>—.—1967
West
Shore
J-J
"114%
A-O
•»'' '-<*■' '
97
*104
104%
114%
__
1 97
M-N
A-O
1970
3%s series C_
1990
Pacific-Missouri
Term RR of New
96
A-O
2000
gold 5s
104 %
95%
J-D
Gen & ref M 3%s series E—____1985
Texas
£0%
4
32
Registered
Western
89%
26
~
90%
57
122%
—
99
116'A
96% 101
103%
106
Telegraph Co—
estate 4'As
Union
Oil
Union
2%s
22
88%
69
74
47'A
42%
47%
J-D
"100%
•__
Af-S
;
__
"100%
Af-S
Union
Pacific
t Wisconsin
Ref
102 »A
298
67
85
796
•
.
37%
_1
5
-
2%s
mtge
106% 107
1976
10
97%
"80%
97%
F-A
Af-S
103
103
95
89%
89%
89%
90%
;
.53
103
47%
"98
100
.60 %
4
A Certificates
55%
101
106% 109
105% 107%
106 Va 109
59
69%
107% 107%
61%
125
60
52
57%
99% 100
*■
4
60%
*
61
97
101%
-
99% 103%
1
18
95
101%
47
85%
74
88% 102
80%
94%
99'A 101%
96%
99 y«
84
5
100% 100%
97%
2
,99% 100'A
136
97'A
100
101U
2
94'A
103%
94'A
95%
1
93'A
100'A
•
')
96
103'/a
111'A
113 %
64
77'/a
70
75
19%
45'A
40 »A
72%
74%
55
39'A
40
32
93%
93%
"*3
93
104'% 104'%
1
103
.74
J-J
J-J
,
___■
100'A
94
101'A
8
114
J-J
1949
1023A
99
2
94 »A
95%
J-D
deposit—
102
94'A
101II 101
Ry—
of
67%
101%
99%
99%
101 'A
85'A
Af-N
^—1960
.
101% 101%
•
.
101%
M-N
M-S
J-J
J-J
107%
98
59%
107%
:J-J
_1958
3s
85
35
,"106% 107
"107% 107%
99%
1949
s
99'A
97%
94'/a
104% 104%
J
M-S
1
'<
^
100
,"51
60
.1992
1st 4s
Central
Wisconsin
Public
39'A
Af-N
30
Certificates of deposit
Electric Power 2%s
—
Wisconsin
1976
J-D
3Y4S
1971
J-J
Power 2%s
1976
J-J
Service
104%
96 Ya
105
included
not included
3
101%
101
101
99%
5
96%
101...
99%
8
96%
102%
89
89%
19
87%
the
94,
the
impaired
by
; V'";/
maturity.
not
sale
V
under Section 77 of
tCompanies reported as being in bankruptcy, receivership, or reorganized
Bankruptcy Act, or securities assumed by such companies.
"Friday's bid and asked prices; no sales being transacted during current
A Bonds
94
in the
§ Negotiability
103%
99%
in
92 %
94
delivery sale not included in the year's range,
d Ex-interest, e Odd-lot sale
year's range, n Under-the-rule sale not Included in the year's range, r Cash
year's range, y Ex-coupon.
Deferred
109%
100
105%
11
103
97%
-85
90'A
99
98%
,
75%
3
97'A
"97%
83 %
74
81%.,
.;?75.;,h.79'A..
,
May
§ASu & Du div & term 1st 4s___1936
:
series
100%
97% 101
5100% 101%
96
101'A 101%
J-J
.__
92'%
64%
■*:
98%
"96%
J-D
C—___.1991
*
107
Af-N
1970
RR—
10
(
>
§Alst general 4s___—
,
a
A-O
1967
debentures—
27/as
93%
102% 102%
98'A
99
__
98%
Af-N
1975
deb—_
101%
"94%
102
4
,V
73
A-O
1971
debentures
94%
A-O
127%
94%
-v
J-J
1968
Calif 3s
of
3%s
10
M-S
J-J
1st mortgage
Yonkers Elec Lt &
trust 23As
100 &
109
103
3
96%
Wilson & Co
U
of Mo
99 »A
1
99'A
103
Wheeling Steel 3'As series C__.
1970
1st mtge 3'As series D_—___—,_1967
100'A
92 »A
121%
100'A
101 >A 102
"
Co
107
15
93
A-O
1950
—1951
30-year 5s
—-I960
Westinghpuse El & Mfg 2%s——1951
2%s debentures
—-____197I
A
J-D
Tri-Continental Corp 27As debsj___1961
.
S6
Af-S
Funding & real
25-year gold 5s
Pacific—
Orleans 3%s__ 1974
1st ref 4s
—I960
AAdj income 5s___
___—Jan I960
Tol St. Ohio Cent ref & impt 33As
1960
Trenton Gas & Elec 1st gold 5s
1949
1st mtge & coll
3s debentures
103
112%
99%
.
,
Western Maryland 1st mtge 4s_—-1952
Western Pacific 4'As inc A—_Jan 2014
Winston-Salem S B
96
*
J-J
Third Ave Ry
Union Electric
101%
'
3'As series B
1st
99%
—
103
J-D
J-D
J-J
:
;M-S
„
guaranteed-—2361
2361
4s
1st
Gen & ref M 2%s series A
Orleans RR—
Pacific
94 y«
96
F-A
F-A
:
West Penn Power 3,'As series I.—1966
Wheeling & Lake Erie RR 4s_
imp M 4s series C
l_a__2019
Ref & imp 2%s series D_
1985
Texas Corp 3s deb_____
1965
St
105%
93
A-O
Warren RR
105%
57ya
97
•
'
98
91%
105
100'A
94%
"96
M-N
Ref St
1st & ref M
105
105%
107% 107%
Af-N
Ward
94 %
120
Terminal RR AsSn of St Louis—
Texas
105
Af-N
—
1st & ref M
,
97'A
""101%
A-O
Af-S
J-J
A-O
2.65s conv debentures ___—_—-1973
& New
97
"97%
Af-S
Af-S
—
Texas
79
"104
"105
Apr
Apr
Apr
M-N
Walker
'84%
90
111%
102%
54
94%
J-J
,,
103%
"51%
-F-A
1966
_1972
.
debs
debentures
3
—
F-A
Af-N
Gen mtge ino 4 'As series B—Jart 1991,
1st mtge 3*As series B___—_1971
%
103 %
"106'A
J-J
89
76%
93
_i____l983
Swift
82
Gen mtge 4s inc series, A—-Jan 1981
102
80
111% 111%
A-O
•:
SO
81
99
95
5
Wabash RR Co—
95%
84%
100
77%
A-O
debentures-
93%
High
96
90%
93%
W
104
94
95'A
92%
84
1956
3 %s
93%
Af-S -
Virginia.Electric & Power Co—
1st St ref mtge 2%s series E____1975
1st & ref mtge 3e series F____—1978
3'As conv debentures—
1963
Va Iron' Coal St Coke 1st gold 5s__1049
Va St Southwest 1st gtd 5s
2003
1st cons 5s
1958
Virginian Ry 3s series B
1995
•*.
_____^1956
St
'7
84%
78%
"99% 101-
—
98% 102%
63
J-J
1st mtge 2'As series G
1st cons gold
& gen 4s series A
Devel St gen 6s series A
18
80
—1996
Devel
92
99 y«
1986
Southern Ry
92
96%
97
Jf-S
1969
2% s series E_
99 3A
93
'
—A—1981
1st mtge 2%s series F__
Devel
.
124
98%
J-J
_1994
___
———
,
5
A—1955
B————1957
Cons s f 4s series
96
91%
122
J-J
San Pr.Term 1st mtg 3%s ser Aa1975
Southern Pacific RR Co—
1st mtge
94%
F-A
_1987
(Oregon Lines) A—___1977
Gold
94
J-J
1985
^
-j—*.
Indiana Ry 2%s—
Pacific Co—
1st 4%$
Low
A-O
Af-N
99
Vandalia RR cons g 4s series
Co—
debentures
Southern
January 1
High
99
127'/a
97
J-J
Southern
Range Since
Sold
No.
.
J-D
2%s debentures
Bonds
Friday's
102%
127
""
(Jos E) & Sons 2V^s_—1966
Union OH 2%s debs
—_1971
2%s
or
Bid & Asked
A-O
—1966
U S" Rubber 2%sdebs———11976
2%s debentures
1967
Universal Pictures 3% s debs———1959
93
M -N
1st mtgfe 4s series A—
—1996
AGen mtge4%s series A—__Jan 2016
debentures
-
Low
109
99%
Week's Range
Last
Sale Price
Nigh
102'A 102%
Seagram
3s
New York Stock Exchange
Janaary 1
Wterest
Period
* '
J-D
Paul, Union Dept 3V«s B__i_
Scioto V & N E 1st gtd 4s
Seaboard Air Line1 RR Co—
Southern Bell Tel & Tel
'BONDS
Range Since
Bonids
United Biscuit 2%s debs_
gold 4s_1968
1971
.1989
cons
19
Friday
"
Sale Price .'Bid A Asked
M-N
4s
Friday's
or
Low
Louis-Southwestern Ry—
1st ,4s bond certificates-———1989
2d
St
Last-
.i
.
St
'
.
NOVEMBER
FOR WEEK ENDED
" Week's Range
selling
i
flat.
week*
;
;
*
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
footnote
a
in
In the
and
the
deferred
week
in
delivery sales
which
following extensive list
AND
YEARLY
RECORD
disregarded in the week's range unless they are the only transactions of the week, and when selling outside the regular
taken of such sales in computing the range for the year.
are
they occur.
weekly range are shown
No. account is
complete record of the transactions on the New York Curb Exchange for the week beginning on Saturday,
It is compiled from daily reports of the Curb Exchange itself, and is intended to include every security,
dealings have occurred during the current year.
furnish
we
a
Nov. 13, and ending the current Friday, Nov. 19.
whether stock
or
bond, in which
any
'•
Friday
STOCKS—
Last
New York Curb Exchange
Sale Price
Par
ACF-Brill
Motors
Acme
Aluminum
Acme
Wire
Adam
Hat
Co
warrants—
Alloys
1
10
Inc
Aero
Supply Mfg
Agnew Surpass Shoe Stores—
Ainsworth
Mfg common—
Air Associates Inc (N J)
Investors
Air
l
♦
Air-Way
Alabama
Great
Alles
&
Allied
Southern
Power
Airlines
Fisher
4.20 %
pfd
100
Nov
31%
Jan
Corp„
America
6'%
$3.75 cumulative preferred
Aluminum Goods Mfg
Aluminum Ltd
6%
91%
6%
300
101% 101%
6%
10
91%
91%
3%
*
17
25
3%
_
1,600
3
100
17%
51%
54
92%
51%
93
300
6,100
American
American
Class
Beverage
Book
Cities
:_1
Apr
5%
Feb
Feb
79
87
Jan
2%
9%
Apr
3% May
1
common
i
page 37.
•
1%
3% May
Feb
40
Nov
Jan
31%
675
30'%
35%
150
35
NOV
43'%
Jan
16%
16'%
200
15'/a
Nov
21%
Jun
American
27
27
27
250
26'% Nov
32'%
Jan
American
19%
19%
20%
14%
15
Rubber
Co
Laundry Mach—
20
Light & Trac common—25
preferred
—25
American Mfg Co common—
—25
American Maracaibo Co
1
30%
,
5,400
6 c/o
Jan
38
80o
Feb
22
Oct
30'% July
14'% Nov
33
Nov
18
Jun
15%
Feb
7
11%
11%
100
11% NOV
13
41%
41'%
100
38
4%
4
4
6,900
3
Jun
8% May
American
Oct
1%
1%
1%
94
Sep
4% May
23%
23%
23%
175
23%
23%
24'%
Republics
10
Seal-Kap commoni
2
Amer Superpower Corp common
10c
$6 series preferred—
——*
American Thread 5% preferred—
9
American Writing Paper common
5
21%
21%
22%
3,800
3,600
%
"%
Jun
6%
American
Oct
American
Nov
15%
Nov
22%
Apr
Nov
22
Jan
50
Feb1
89% Aug
22
2,200
36
69
Jun
98
May
Mar
26
51
Jan
23%
Nov
36
Jan
23'%
Nov
36 '/a
Jan
13
Jan
Anchor Post Products—
Jun
Angerman Co Inc common
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
Angostura-Wupperman
1
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4% % pfd
3%
%
Oct
% Mar
Nov
2% Aug
2% Jan
90
Jan
6%
6%
16%
17%
250
5,600
31
Feb
100
107
Sep
5 Va Mar
16% Mar
7'%
Jun
19% May
41%
Nov
113% May
Argus
Inc
—
Arkansas Natural Gas common.
Common class A non-voting
6%
preferred
—£1
1
1
100
1% May
60'%
350
42 V*
Feb
72
Oct
4%
200
4%
Apr
5
Jan
5'%
5'/a
200
5
Nov
9
Jan
5%
Nov
8%
Jan
8
200
5%
Feb
8'/4
Sep
575
13'%
Sep
2%
Oct
59
14%
'14%
2%
19'A Jun
4
Jan
1
2%
100
lO'/a ' 10%
1,000
8'A Feb
101'/a 102
4
4%
2%
10%
150
98 V* Jan
108% May
600
3% Nov
6% May
6'/«
4,800
—•
i>%
U"4
b'/a
9,y00
—10
10%
10%
10%
1,100
*
27'/a May
5% Jun
8
5%
1
1% Aug
/
4%
59
2
56
18% Mar
Oct
Nov
Mar
36%
37%
110 ^ 110
1,100
class A
B
Oct
Mar
5,800
Class
Co—
Potash & Chem
American
May
1
1% Nov
37
com—2
41%
4
74
•
new
"
*
*
Meter
7
1,000
2,200
Metal Products
American
105
3
7'%
48
_100
B
see
Oct
Jun
& Light—
American Gas $1 Electric com___—_ 10
•4% % preferred —J.
100
For footnotes
25%
49
250
;__l
common
Co
Power
American Fork & Hoe
25'%
48
.
*
♦
Nov
14%
12%
•
common
common
Nov-,
High
Low
1,000
2%
30%
Hard
4'A Nov
3
—100
American Bantam Car Co class A
American
6% Aug
100
*
Aluminum Industries
1%. Nov
2%
Range Since January!
High
35%
American
9%
6'%
2%
Shares
1
preferred^
convertible preferred
convertible
$2.50
Apr
500
10c
1
for Week
25
$2
Oct
3'% Mar
10
American General Corp common
Range
of Prices
Low
Par
Sales
Week's
•
1
common
36
900
2
__1
Investing
3% May
5% Mar
7'%
1%
Last
Sale Price
High
4% Mar
100
2%
1
common
of
2%
30
5
36
Allied ; Products
(Mich) common—___5
Altofer Bros common.—
•___;
•
Aluminum Co
2,700
32'%
6'%
—50
Inc
Internat
2%
2%
Sep
6% Aug
1
(
1'%
200
10
3
Low
•
9%
—
Friday
STOCKS—
New York Curb Exchange
V
Range Since January 1
1%
32
'
19
Sales
Shares
High
'1%
NOVEMBER
for Week
2
common-
preferred
Electric Appliance
Alaska
of Prices
5
5
Convertible
Alabama
2%
32
1
RANGE FOR WEEK ENDED
Week's
Range
Low
1%
common
Stores
,,:V
6
5%
12%
Apr
4%
Feb
8% May
4'%
Feb
8% May
10% Jan.
10% May
THE
COMMERCIAL
NEW
YORK
RANGE
Friday
STOCKS—
New
York
Curb
Week's
Last
Kxchamgs
•
IT 50
Ashland Oil & Refining Co..r
Atlantic Coast Fisheries—.
Atlantic Coast Line Co
Automatic
Steel
%
II—1
Ayrshire Collieries Corp
%
18%.
3 '/a
14
Jun
Colonial Sand
Feb
23
Jun
6
23 Va
24%
4%
4%
8%
81/4
8%
8%
Feb
3%
21%
Nov
100
4%
Oct
7% May
32
6%
300
6%
16%" July
Consol
25
50
24%
Feb
26
17 Va
Consolidated
17'/a
July
18
600
15%
Feb
27
Jun
Feb1
9%
Consolidated
Apr
57
58%
-1
45
Feb
66%
66%
Sep
8
Nov
14
Jan
Jan
11
#Jan
Coro
5%
5'/a
5%
8,800
17%
17%
17%
50
5%
6 y«
1,000
Jan
7% May
10%
400
10
Nov
5%
100
5
Nov
15 Va May
7
May,
10
10
common
5%
11%
1%
.
12
1%
II2 5
common
4% Mar
8'
15'
11% Nov
600
1,150
■)"
8
v
18
*
—.
common—
27
17
1%: Jan
com_*
7%
1
common
3%
•
•
28
Bourjola Inc
Brazilian Traction
Light
Power
•
•
1,000/
Class B_
Brown Forman
1,900
130*:
150
10
10 Vb
10
Z21%
107%
3%
400
200
24
30
70
650
17
23
16%
16
5%
7%
,100
16%
2,000
*
5%
6
3%
3%
1%
100
1%
7
—
300
1
—
"
'
■
•'
Nov
%
5%
20 VB
100
'%
A
•
1
10
Brown Rubber Co
common
(E L) Co common
Bruck Mills Ltd class
B
150
20
1,700
10
4%
4%,
:• -
23
•
5VB
9
1,100
9%
21
700
23
700
Buckeye Pipe
LineBunker Hill ft Sullivan
Burd Piston
Ring Co
•
2.60
11V4
21%
11%'
2,600
20%
21%
2,500
1
Burma Corp Amer
dep rct»_
12 %o
Butler (PH) common
1%
2%
Cable Electric
Products common
Cables ft Wireless—
Nov
pfd
4%
4'A
100
£1
3% Frt
1%
5
Oct
6%
1
Calif Cotton Mills Co
California Electric Power.
Wat
10% July
10*
6%
;
3?
&%
4
iviar
1,300
2%
2%
1,400
2
Nov
19 V*
19%
325
18
Jan
Canadian Industrial Alcohol—
Class A
voting
Feb
10%
100
43
Kennedy Inc
Carman ft Co
Carnation Co corifrnon
Carolina Power &
ILY.5 0
*
Light $5 pfd—.
1%
39
8%
3
41%
3
41%
1%
1,700
43
200
8%
100
3
400
44%
290
•
Biscuit Co—...—Ill
"5%
Distillers Co Ltd—
I
3%
1,100
Casco Products common
Castle (AM) & CO—
Catalin Corp of
America—
£1
100
4%
4%
200
4%
5%
*—
Central Maine Power Co—
3.50% preferred
100
Central Ohio Steel
Products—
—i
CentraL Power &
Light 4% pfd_— 100
Central ft South West
Corp—5
Rights- w i
»—;
fCentral States Elec 6%
preferred- .100
7% preferred——
—
Conv pfd opt div
ser—
Charls Corp common
Cherry-Burrell
common
Chesebrough Mfg common
Chicago Rivet ft Mach
Chicago ft Southern Air Lines
Voting trust ctfs-
Draper
8%
East
4% May
20
3%
Feb
Jun
Feb
Mar
57
10
6
53
Jun
6%
Jan
Va*
200
1,200
84
July
Juxi
Nov
21% Jun
Feb
5
.
86V2
Sep;
Sep
21
July
3%
Feb
7V«
Feb
Jun
May
21% May
14 Va May,
5% Apr
8% Jan
200
10% July
14% Nov
13
jan
325
57%
25%
Jan
500
54
70
Jan
177/B
18
Jan
55
16%
17%
6 V\
1%
150
6 Va
6%
l'/s
—10
447/8'
43%
46%.
13%
13%
300
;
1,100
2,000
Apr
15% Aug
5Ve Jan
5 Va Jan
43,300
% Feb
31% Feb
200
11'A Mar
—10
15%
2%
16
1
1%
2
4
8%
8%
400
36%
37 Va
400
3%
550
600
7,000'
14 V»
11
May
Apr
Feb
19
4
24
Jan
Feb
4'/a
2,200
37%
Feb
Nov
6 Va
Aug
2 >4
Sep
3%
Nov,.
Oct
35%
300
11'A
1,100
5% Mar
9% Aug
3VB '
*
<
1:100
v
3Va •"
,
23
2,800
*iAn '•!'! .*
a:'' I."
' /
■
76%7^
Nov
Sep
Apr
Oct
19
9 v Mar
11%
28%
Jun,
14
Jun
4 Vb
."18%
11%
Aug
5%
.
•V
140
2% May
Feb
.1,300
24 V*
8% July
12%
Nov
15%
1,500
•9%. *9%'
•
_
16%
:
Aug
Feb
3,000
77/b
Jan:
Oct
Jun
11%
Sep
15
8
8
V
400
7%
Oct
12 Va
2%'
2%
2%
1,300
2 Vb
Nov
3%
21% Mar
13%
14
300
11 Va
Feb
,
Jan;,;,.
Jun
Jun
29
Feb
~9 Va
May
.16% May
t
65%!
64%
64 %
575'
U% May r
791/4 May^r
Nov
35%
Nov
40
Jun
•
Assn
72%
Nov
83
May
£1
•
6Va
Oct
8
Jan
11 '/*
July
14'
Jan
3%
Nov
12%
Sep
:37/b
1
"4%
1,000
*
i
common—
4V2
4%
81
75
,
5'A May
16%
Jun
80
•
72
3.400
47/B
3Va
7
Feb
May
••
,
81
225
76
Mar
Va
75
925
65
V* Mar
83
May
49
preferred
Nov
58
Jan
2%
3%
65 Va
65 Va
55'%
57
12%
13
59 Va
12%
10%
2% Mar
1,300
:'
88 Va July
25
4'A May A.
May
57
Feb
88
300
53%
Feb
8l Va May
300
10% July
61%
550
50
13 Vb
1,500
11%
34,900
v.
shares of beneficial lnt
12%
135%
Option
11%
135 V* 135 V*
5%
"3V4
Inc
EmpirT District Electric 6% pfd—
Empire Millwork Corp__;
Derrick
ft
96
14
Aug
Feb
63 Va
8%
Feb
14% May <
9'A
Feb
37/B
3%
10
1,500
Oct
,,
50
87%
6%
92
300
6%
11
351/4'
35
7
1%
.
July 1
14% May "
3% Jun ?
Sep
Jan
98
Feb
Feb
8%
15%
Oct
Feb
2% July
.200
,; 35
Nov
5
Nov
\h
'.1%
■
1
FairchHd Camera ft Instrument-.
.—l
1
15%:
4
14-
3%
.
'
—10
(Phlla)
_10o
—
g2 div cum^preferred
(MH) Co—
6c to $1 Stores—
..Ford Motor Co Ltd—
,16%" ■
4 V*'V"
9%*
»A'
10
10% '
57 ./V
2V2*-'2%
2,400
-
30 % May
Jan
29
17,000
3%
9%
Sep
46 "
'
200
1
Jan
15J/a
Jan
T
90
■
July k
5% May;*
Jan
8.000
57
"2%
Apr
Sep
9%
:
45V» Jun
8% May
3% Jan
20%
"%
30.
Nov
Apr '
Oct
3% May
61 Va
-
38%
Apr
IB
Apr
Flshman
-
Amer
14% Mar
.—1
dep rets ord reg—————£1
3%'
Ford1 Motor of Canada—
Class A non-voting
'
.
.1
5%' ,j4
1,100
21%;
1.200
Class B votingFord Motor of France—
Amer dep rets bearer
%
-
Franklin Simon* ft Co Inc
4%%
Fuller
.1.28
Brewing
conv
5 Va May
,
10
10
10 Va
400
8V2
700
8.V2
Jan
23V4
Jan
35
Aug
.
100
%
Nov
2
Jan
7%
10
6%
Feb
10 Va
Nov
19
Sep
9-
Oct
Sep
Jan'
Nov
8%
—50
26%
26V4-
26%
500
25
Mar
32"
Juti
8
8%
8%.
87/b
800
8
Nov
'12%
Jan
10%'
11V2
2,500
'15%
Jun
;
Co
10
16%
1
common :
preferred
(Geo A)
3% Aug
1,200
,
10
1
Fort' Pitt Brewing Co—;
Fox (Peter)
*.v
18 Va
21%
Jun
Jun
Garrett
51
Gatlneau Power Co
July
7% Jan
Feb
15
3%
Feb
8
July
July
5%
Corp common
common.
preferred
Gellman Mfg Co common—
General Alloys Co
_2
11%' *
,
Jan
Feb
1,600
20,400
6,400
;
5 Va
5
Fatrchild Engine ft Airplane
Fafsteel MetallurgicalFirst York Corp common-
"1%
T%
V/2
16%- Jun V
Oct 1
150 V*
Feb
2 Vb Mar
2,500
.
Feb
1
96%
%
126
1,000
Equipment
Equity Corp common
*3 convertible preferred^
Esquire Inc—
Eureka Corp Ltd
Eureka Pipe Line common
Fire Association
11%
3Va
Electrographic Corp common
Electromaster
50
5%
11'A
warrants
10% Jan
7%
4%
Jan
57/b
34
Jun
1% Feb
1% Feb
7% Mar
14
6
~4%'
7% May
7% May
1% Jun
66% Jun
Feb
9y8
—1
-
Jan
77/b
l'A
20
7%
15%
57%
1
1
7'/a
38% May
8% Jan
7%
6
Clinchfleld Coal Corp common
Club Aluminum Products Co
Cockshutt Plow Co common
4
_
.
Sep
J»n
14%
_•
5
Sep
1%
5V8* Sep
10
8
4
10
11% Oct
3/64 Nov
6
8
Oct
8%: Feb
54
-2.50
Controller Co
Clarostat Mfg Co
Development ordinary
Jan*
4%' Nov
10
—10
Sep
Sep
4% Aug
4% Sep
20
3%
75
900
"8%
•
15%
■'
II*
\
Jan
110%
8
IV*
.
Electric Bond ft Share common
—8
Electric Power ft Light $7 2d pfd i L •
Jan
Nov
Jan
65
3%
•15%
•
$5 pfd shares of beneficial lnt—
Easy Washing Machine class B:—
Apr
Nov
8
Oct
10
Gas ft Fuel
Com
Jun
Sep
Oct
1/64
17Va
400
•'
-•
——
preferred series A
$6 preferred series B
Eastern Sugar Associates—
July
2% July
3
65
—10
Clark
Claude Neon Inc common
Clayton St Lambert Mfg
175
.
145
19% May
106,800
6
3
10%
$7
Oct
90
9
35
130
8 %
May
17% Aug
73 Vb
3/64
•
8
11%
4% % prior preferred
18
82%' Apr
8%
*
•
'
Apr
15% Nov
1/64
-
Jun
M«.j
200
9
Jan
8
8% Aug
t> V»
185
1/64'
Jan
11.Va May
Jan
15!
—10
—
i
2V2
12%
-100
1
Corp
Ap*
76
23,400
V,: 13% Mar
•
11%
15%
107/b
100
Jun
104 V*
6% Sep
.
30
SI
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
Durham Hosiery class B common
Duro Test Corp common_r.*.
Duval Tsxas Sulphur..
73%
10'A
14
57/b
1
Duke Power Co—
15%
10%
100% Mar
,20% May
4V2 Mar
27/B'
1
Driver Harris Co
75
-100
—
Chief Consolidated
Mining
Cities Service common—
City Auto Stamping—
City & Suburban Homes
8,500
100
AprV
35t
Apr
16% Mar
-
.
3
26
£1
Sep
Feb
.100
—
1929—
Century Electric Co common
Cessna Aircraft Co
common
Chamberlin Co of America
5%
10*
Dominion Steel ft Cosl class B
Dominion Tar ft Chem Co Ltd
Dominion Textile Co Ltd common
12% May
31
—1
80
'»■
-
Jan-
3%
13%
Feb
1%
5
-•
:
dep' rets ord regDobeckmun Co common—t —
Domestic Ctedit Corp class A
Dominion Bridge Co Ltd
17% Jun
1 % May
9
10
5
16% Sep
3% May
Nov
5,900
102
35
*
'
Emsco
-2s ea
9
1% Mar
'
Jun
9% May
Jun
.
Feb
2%
Jan
Jun
Jun ;
10%
Feb/
100:
18%
14
Eastern States Corp
3
1%
700
Eastern Malleable Iron
41 %
53 V*
13% Mar
250
:
47/b
Feb
5% Mar
5 Vb
f,
1
■v*.'"- Amer
Oct
1%
Jun
Oct
6 '/4
.
L'L <■
1
H Diana StoresCorp common
Jun
108 %
~3%
400
,29
102 >'
10
Deyoe ft Rsynolda class B.
Aug
8%
97/b
56 Va May
Nov
,
ms
1%
29
8
K
com
25
35
Apr
May
6
15 Va May
Feb
2%
,
...17;
50c
ft ManufacturingIron Foundry
Detroit Gray
Amer
dep rets A ord
Amer dep rets B ord
Carter (J W) Co
common
new
20
139%
1%
1
1,700
5%
.
2%
418%
—8
Detroit Steel Products.
5% Oct:
8
—100
3
—-100
Feb
xl4Va Mar
10%
Class B
.r'
Mar
37 Va
35
Mfg class A common
debenture—
22% May
16% Apr
v
non-voting—;
Canadian Industries Ltd—
7 %
preferred-,
Canadian Marconi
Capital City Products
Carey Baxter St
Inc
Detroit Gasket
Feb
12 V4 May,
Nov
6%
7%
3%
12%
300
8%
/
1%
2.80
i,
.*"1
24%
Feb
7%
1
Callite Tungsten
Corp
1
Camden Fire
Insurance——
8
Canada Bread Co Ltd
•
Canada Cement Co Ltd
fcommon.
8%% preference
—20
Canadian Canners Ltd
common.
Convertible
preferred
4%
46
Jan
11%
Jan
10,000
.a4Va ,15
"2%
2%- JUfi
% Oct
1%' Oct
3,200
2Bo
-
Jan
13'/a
..
5%
I
i.
27% May
5% July
12
May
4% Nov,
10% Mar
16"
Mar
11,300
}\' 3'A
3,700
1
•
July'
Apr
.^4% £ep
"7
Feb
13*
%
BUrry Biscuit Corp_
7%
~5%
—2.60
July
V*
2%> Jan
23% Sep
Jan
21
Va Mav
150
43%
18
10c
Sep
•
1
common
—
Jun'
18
1% Sep
21%
41 Vb
7%-
•
Day Mines Inc—
Dayton Rubber Co class A——
Dejay Stores common
12%
n%
17% May
4,200
3
n!
1
13% Jan
1%
1
2.50
42%
8
common
Oct
21%
„
—1
(Md)
Davidson-Brothers
Oct
10%
11%
Feb
D
23% Aug
22
_•
Distillers
Junior pfd
Nov
'
Feb'
15% Mar
500
7
48%'
2%
%
8%
300
6:
Jan
Oct
Jan
% May
x8% Nov
900 ;
3
-1
!
8%
1%
600
*4 Va:
13%
46%
(ord reg)—£1
Davenport Hosiery Mills-
11% Mar
8%
1%
6%
5
Petrol
Derby Oil Co
—
1
50
1
\
2,200
8%
4 Vb
13%
^.1
Nov
t-
10s
8%
4 VB
May
IX
14%
£1
1,000
27/b
15%
40
Feb
Mar
-U
19% May
9% Jan
14%' Apr'
£1
2,300
%
July
1
dep receipts
Tobacco
2%
11%,
%
1
•
A
Curtis Lighting Inc common
Curtis Mfg Co (Mo)
Dennison
20%
1V2
11
Aug
Nov
5 Va
Jun
30
ix t>V
13% Mar
900
13%'' 131/2
■
2%
11%
11V* Aug
49
112%
Oct
11%
Jan1'
70
72% Feb
2% Mar
2,100
Jun
114 V2 May
107
Jun
:
z21
700
12%
8%
Sep
Sep
30
1
Petroleum—
Cuban
May-
10% May
50
Oct
22
13%
4 Va
Nov
-
Jan
9% May
14 % Aug
6% Nov
25
7%
18
Oct
30
..
8% Jan
% Feb
1,000
'
1 Va
Crown Cork Internat'l "A" partic—
Crown Drug Co common
25c
Crystal Oil Refining common
*
$6 preferred
10
Ciih«T) Atlantic Sugar common
;—8
5% preferred.-^
100
13% Sep
6% Nov
-ft May
97
1,850
•
12 VB
*
Brewing Co
Crosley Motors Inc
Crowley Mllner ft Co
28% Sep
5% May
107
1,100
21%
104 Va 107%
—5c
Jan
10%
NOV
6% Feb
60 % Nov
•
Croft
Apr
7%
;v
71
—
Bruce
Colon
61%
99'A
-*
Cent
Oct
39
25 Vb Mar
*98
-
1
—1
convertible preferred
Creole
Jan
Jan
2% Feb
17
•
reg
I
25
1,200'
7%
60 V*
98
1
Car-Na-Var Corp
class
Va May
iV Jan
107% 108
I
/
*
8
10
Reynolds common
American
3%' Apr
6% Mar
71
•
British Celanese Ltd—
Amer dep rets ord
reg
British Columbia Power
class
<
1,000
13,600
28 Va
7
60%
100
Cosden Petroleum common;
Nov
6,900
18
:
Co
ser
4
28 Va
7
——•
7%
100
•
British American
Tobacco—
Amer dep rets ord
bearer;
4 Amer
dep rets ord
Conv pfd opt div
33%
id
Courtaulds Ltd—
19
•
Co
Ltd—
3%
Crown
25
1
Brlllo Mfg Co
common
Class ALw
Carreras
Feb
3%
29%
3%
Oct
3%
fV*
<
•
St
12
3
100
Breeze Corp common
Bridgeport Gas Light Co
Carr-Consolidated
400
39
30
7%
12
i—1
common
Calamba Sugar Estate
32%
Nov
800
]
5%V prior cum pfd
Borne, Bcrymser Co
American dep rets
5%
Oct
"32%
35%
e
Blauper's pommon-—
BlUe Ridge
Corp common
cum
27
"
Blrdsboro Steel
Fdry St Mach Co
OH
7>A
;
Jun
31
British-American
Feb
ft Smelt Ltd
Aug
7%
Feb
5%
1,000:
1%
36 %
36
1
common
Oil
3%
Utilities
Gas
Mining
preferred
5%
Convertible preferred
Bridgeport
12,20Q
-_100
Inc
$1
•
6%
Benrus Watch Co Inc
Benson St Hedges
Co
'4%
'*
Liquidating Corp
Corroon Si
10%
(A S), Shoe Corp
Bellanca Aircraft
common—;
(H C)
Feb
4%
1
Cooper Brewing Co common
Copper Range Co
Cornucopia Gold Mines
Sep
Jan
1,400
1,300
Beck
Bohack
7 Vb
28
Continental Fdy & Machine Co
34
Basic Refractories Inc
Baumarm (L) & Co common
Blumenthal (S) St Co
Nov
Cook Paint ft Varnish Co_:
.SO
Corp-i
Barlow St Seelig
Mfg—
a 81.20
convertible A common—
Inc
4%
Consolidated Royalty Oil
...
Sickford's
4,000
"
American shares
Barium Steel
Canada
4%
Machinery—
1956-
series B preferred
preferred series C
,
25
58
If, preferred
Baldwin Rubber Co
common
Banco de los Andes—
Bell Tel of
4%
warrants—
4%%
4%
Continental
,
9
4%
4%
1
Consol G E L P Bait common
May
Apr
B
Beau-Brummel Ties
Southern
St
Compo Shoe
10 V* Mar
Babcock A Wilcox Co
Baldwin Locomotive—
Nov
Community Public Service.
25
S
5%
.-.
Jun
to
High
1,600
1
Inc
Apr
Feb
1,500
Hotel
4%
ext
'
5%
28
NOV
Vtc
Low
5%
Manufacturing Co
64 Va
Mar
Bangs Since January 1
High
5%
Stone Co
St
Commonwealth
Shares
—1
Airlines;
Commodore
^
20
2% Mar
52
II,600
;
Jan
Va
8
28
com
Aug
6%
125
4%
Lou>
Colorado Fuel ft Iron warrants
12%
1,200'
53
4»/a
"III
Nov
300
52%
4%
Inc
9
725
3%
60
Exehsngs
of Prices
?
Par
Colonial
Sales
for Week
Range
Bale Fries
High
Feb
200
;
Last
112
I,200
2,500*
16%
*
Products
6
Week's
Friday
Terk Cvrb
115% Aug
1948
19
STOCKS—
Range Sine* January 1
Colt's
6
•
Automatic Voting Machine
Avery (B F) ft Sons common:
6% preferred—
9'/a
17 Va
,,
16%
£1
40
Monday, November 22,
i
EXCHANGE
END^D NOVEMBfeR
FOR WEEK
Low
113
9
171/4
Shares
High
113
9%
I
Associated Electric Industries—
American dep rets reg
Associated Laundries of AmericaAssociated Tel & Tel class A
Atlas Corp warrants
Atlas Plywood
Corp
Low
113
CURB
CHRONICLE
for Week
*f Prioee
Par
Arkansas Power ft Light $7 pfd_*
Equipment Corp
Aro
FINANCIAL
Sales
Bang*
Bale FrI#*
&
9'
Feb
13%
Nov
17Va July
84
Feb
923,x July
6%
Nov
10%
1%
Nov
Apr
3% May
•
THE COMMERCIAL &
Number 4753
168
Volume
CURB
NEW YORK
RANGE
Last
Exchange
New-York C«rb
M."
8ale Fviee
EXCHANGE
NOVEMBER
ENDED
ID
Share*
Range Bin— fa— ■ if
High
3%
4
com—1
25
General Builders Supply Corp,
6 % conv preferred
Low
-
.-•»
Par
.
4
Low
.
,w
1,700
■«..
'
5%
22% Oct
:
1
6
1
General Finance Corp common—
_
'I.
.3
27
Feb
2%
.
"I
II. '
1
40
3%
"4
luu
>
:
I
..
50
-
——*
—
25%
2414
——•
Glenmore Distilleries class B_—
1
Inc_—
26
•;
•
11%
12%
,"J3
'
13
—5
4,100
18%
Le
Tourneau
Godchaux Sugars class
Class-
--1
Lionel
Jan
■
27
_
Goodman
Mfg Co.
50
Gorham Inc clasa-A
!
Graham-Paige ^Motors 5%
pfd__23:
conv
Grand Rapid* Varnish—.——
Gray- Mfg. Co.—..
1
.■
Great Atlantic ft Pacific Tea-*.
Ron-voting
•
27
300
^
-63»%.v^
.—35'/
-
.
/ 97
-
13%
'
8
-
: 97%
/8%'
ft' -97Vsr
13%*-13% ft
.,
9%
6%
Nov
1,900
25
23% Aug
28
22
200
19% Aug
18% Feb
2S
„<V
'f ♦'+*/'
(28% Jan
t.
.
80%- -Get«i HRi: •.
:-
•
Jan
..%'May
■.
\ ."
•
'
;•
,,36yir;No.ViMMw4414«Jan
.'Sep
-;i
<>-1-70] ->1^074A
100:
ft
Apr
4,300
10%
Nov
12%
12%
14%
7%
700
23%
100
21%
4,600
7%
21%
.16
20%
_1
9%
~
69
*
___10
Haimncrmtlt Papers.,
New.
5
common
Hartford Electric Lignt
Hartford Rayon common
—.23
—1
-36%
18
18
50V8
v
36%
18
2%
„
30
800
50 Vb
.i
.49%
2%
190
lOOf
2%,
500
_•
Helena Rubinstein
Clasc
•):
f"
__25c
l%% preferred w w
preferred w w__
k Co
Feb
14% July
10
100
Si
Apr
11% Jan
11% May
98% Apr
Sep
9% Fab
96
6%
1,000
5%
Sep
42%
42%
42%
50
42 V*
Nov
85%
Jan
—o
9%
9%
1,600
7% July
11%
3%
3%
200
3
•
28%
28%
300
4'% May
32y4 Oct
91.'
100
.
Aug
,'68
10
75
Jun
7% Apr
Mar
24
Feb
16%
Nov
*
39% Aug
,C
20% Apr
44% Jan
139
•
30%
31%
475
105 Va
5
Refining
Mfg Co,
148
Sep
30 y8 Sep
100
common
73
Jan
"
35y4
Jan
110%
Jan
Jun
Jun
19% May
73%
Nov
74%
13,600
5
2%
2%
2%
200
Hussman Refrigerator $2.25 pfd.;
Common stock warrants
•
41%
41%
41%
25
Huyler's
1
"3%
~3%
100
3%
Apr
Sep
7%
42%
Jan
Lock
Si
common
1st conv preferred.,
Hydro-Electric Securities
Hygrade Food Products
x65
Feb
2%
4
1
22%
22%
100
22%
600
16
Jan
Jun
Feb
20
Jun
4% May
44
Nov
2%
18 %
•
5
88
Nov
41% Mar
3% May
Jan
Feb
25
Aug
Apr
26
Feb
24% Jun
20
Feb
18
Feb
26% Jan
24% May
10
July
7% Mar
775
19%
3,700
13%
500
'
Mar
73
■
Apr
66
12%
Nov
.
7%
100
ii%
12%
500
112
Apr
18 %
Jun
9
Aug
>
9%
;
600
37
300
3
"1%
"l%
34%
37y4
36%
38
30
30
2,300
1,600
375
25
9%
10 Va
900
16%
16 %
16 Va
1,400
1%
1%
2 Vb
1,200
A Scott Corp—
prrterred
A
Mesabl
Co.
Iron
110
—
1
...
Metal Textile Corp common—
Participating preferred
110
4%
4%
5
6
8
8
1%
1%
1V4
6%
.....
7.
7 ^
t c__
3 Mi
Nov
8%
Feb
1,800
7
20% Oct
6V4 May
Nov
Nov
1
Jan
22% Mar
42
July
36%
44%
NOV
15 Va
25%
Sep
111
Feb
3%
Zinc
Co
common
-
•
«
9%
Amer
11
9
900
Nov
16%
Jan
dep rets registered—____£1
Imperial Oil (Canada) coupon.
•
Registered
Imperial Tobacco of Canada.;
5
Imperial Tobacco of Great Britain
k Ireland
Nov
8'/a
Feb
16%
17%
15.300
11% Mar
17%
Oct
16%
17
3,000
11% Mar
17%
Oct
11%
12%
1,900
12 y4
July
3%
16%
12%
"
International
International
Cigar Machinery
Hydro-Electric—
Preferred $3.50 series
International Petroleum
Registered
89
coupon
shares
51
common
Oct
50
88
July
1,150
11%
*
11
xlO%
11%
*
10%
10%
11%
6M1 May
5
Feb
110%
Oct
"15
Feb
Nov
59
Oct
Sep
24
Apr
9 Vb Mar
14
Jutt
7% Mar
10% May
7%
6 Vb
Nov
Sep
10
Feb
32%
Feb
8%
Oct
Apr
7%
Feb
15 y«
Nov
5%
Oct
19
14,100
12%
Nov-
6%
500
400
600
2Mi May
1
21,200
18,400
5%
9%
11%
1
13%
11%
5%
Ex-distribution
.
6
Midland Oil Corp $1 conv pfd
Midland
Steel Products—
Oil
Midwest
18%
-60s
Abrasive)
.10
Co
Midwest Piping & Supply common..
IIIi
Mid-West Refineries
Wohl Co
Miller
19%
900
3%
3%.
3%
300
400
19%
"2%
19%
20
19%..
20
50
3
3,000
8
800
2%
_50c
7%
-50
common
convertible preferred
33%
33%
50
8%
9%
4,800
*
Mining Corp of Canada——
Minnesota Power A Light 5% pfd_ 100'
Missouri Public Service common—
"9%
Oct
28
18%
Nov
25 %
3% Aug
5
Feb
25
25
1
Molybdenum Corp
1
Monogram Pictures common
Monongahela Power Co—
.100
4.40% cum pfd
>100
4.80% cum pfd series B
Monroe Loan Society com class A. —.1
Montgomery Ward A Co class A.. I—-•
0
Moody Investors partic pfd
..10c
Morris Plan Corp of America
7
Jan
5
6% May
May
10% Sep
35
Jan
Mar
;-Mar
23% Mar
\>
10%
Nov
2,000
Jan
2% May
13 Vb Nov
9Vx Mar
1 %
1%
1%
1,100
1%
Feb
Irjon Fireman Mfg voting trust ctfs...*1
Irving Air Chute
1
Italian Superpower Corp com cl A
•
15 Vb
15%
15%
500
15%
Nov
4%
600
3%
Nov
700
V!»
Nov
4'%
4
1°(V
Tel
97%
25
2%
2%
100
167
172! 4
410
162
Aug
30
30 Va
75
30
Nov
1
Jefferson Lake Sulphur Co
Jim Brown Stores common
2% May
20 % May
7%
1%
8c
Apr
&
700
3%
Nov
5%
500
4%
Feb
8% Aug
9%
3%
*
Co
Feb
17%
31%
32
200
26%
Jan
34%
40
24
25
500
23
Sep
27%
27%
300
25
July
400
10% Aug
10% Oct
24%
11%
11
...10
8%
-toe
Jan
1
common
National
Bellas
National
1
Breweries commbn—
Hess
common
300
9
8
Fuel
National
5
12%
4%
100
11
1,300
5
3%
32 VB
3%
3%
32%
220
10%
10 %
4,800
5,400
10%
Gas.—,
1
11%
11
11%
n%
iVA
12
National Radiator Co
1
Kennedy's
pfd.,
4%
Feb
9%
Jun
200
4%
Sep
6%
Jun
20%
16%
Apr
Jan
(Walter)
14 JA
A Co
I
Kimberly-Clark Corp—
4%% preferred
100
Kings County Lighting 1% pfd B... 100
5%
preferred D
100
King Seeley Corp
1
Kingston Products...
1
Kirby Petroleum
—1
Kirkland Lake G M Co Ltd;
1
Klein
(D Emil) Co common
Kleinert (IB) Rubber Co
Knott Corp common....
Kobacker
...
1
Stores
see
20,500
8Vb
Feb
10
122%
Aug
11% Mar
17% May
13%
17
__
14 %
100
6%
6%
400
6% Aug
300
9
10%
11
•
Jan
99%
44
44%
90
17
3
17%
600
2%
12%
12%
1
1
11
3
1
Apr
Feb
-i'I(
11
,
15%
126
9%
107%
60
Jan
48 %
19%
2%
Nov
2,100
11%
Nov
1
4,100
100
Nov
Jan
700
7
14
Mar
Nov
16
Apr
Jun
7V4
7%
300
13%
100
6%
13
Apr
Feb
Jun
24%
9% May
17%
Jan
Jan
6% May
4% July
29>/b Mar
37% Oct
Feb
10%
Nov
37% Jun
12 V4 Jan
11
Nov
16 y4 July
Oct
11V4
Nov
May
16
17%
Feb
10% May
11% Feb
22% Jun
Va
8%
500
8 Va
200
8%
15
3%
Mar
3 Vb
3v-4
1.500
3
Nov
2%
8,000
2
2%
Nov
4% May
3% Jun
Jan
13% Aor
2
Sep
9%
9%
100
R%
15%
15%
200
13%
Feb
4 Va
Feb
590
79%
Nov
96
300
2%
Nov
6
7
Nov
100
82%
79%
1
Co
2%
2%
7
83
2%
7 Va
7
800
17% Aug
7%
Oct
May
•
Jan
12Vb July
68%
67 %
Jan
72% July
J
8%
8 Vb
8%
9,000
6
Feb
10% May
Park Mining Co
New Process Co common
1
1%
1%
1,700
1%
Nov
convertible preferred
:-.
New
Y
Sep
15%
nov,
20
25
4%%
Y Auction
Jun
Sep
2% Mar
New Mexico & Arizona Land—.
New Jersey Zinc.,
N
11
20%
J-
13%
New England Tel & T61___
Haven Clock & Watch
N
l^j Jan
1.700
•
New
Jun
Sep
Oct
class A
Mur Co
45a
8 Va
5
5
Corp
(Herman)
Nov
12%
*
10
_1
Mar
4% May
20%
'
..i
Jan
Nov
12% May
12% Mar
37%
900
13%
*
page 37.
Oct
45%
—"
—1
Wrowlrisr On
For footnotes
■
9
126
14%
11
30o
Neptune Meter common
—
•
•
•
1
National Union Radio
Nestle Le
8%
14% May
11% Aug'
7% Mar
8
10
National Transit common
126
---
—8
Inc
Key Co common
Kidde
co
100
Aug
33% May
13 y4 Jan
NOV
12
4
National Rubber
Nelson
Kansas Gas Si Electric 1%
Kawneer Co
July
27
33 V4
•
25
preferred
7%
12%
10
Corp
Inc
300
K
Kalser-Frazer Corp
Nov
115
N
Nachman
Namm's
5
—
97% Mar
103 % 104
32.50
Muskogee Co common
Muter Company common
5 V,
—
.4% May
Apr
12%
«
5
~
Feb
Jun
3Vb May
178% Jun
40 V2 Jun
800
....
5
—
--
Feb
13%
8
Vernon-Woodberry Mills.
Machinery
National Steel Car Ltd
•
•
Kokenge
4 Vb
'5%
-
2%
13%
I100
Tel
Murray Ohio Mfg Co
Apr
4
:_1
Preference
Julian
5 %
87
900
Mfg & Stores common
1
National Pressure Cooker common..—2
4%
Jun
89
97%
National
-.1
96V2
103 Mi
87
•
National Mallinson Fabrics—;
Jesnnette Glass Co common
Nov
96% Aug
88%
17
Mar
1
Royalty
Mt
States
Oct
1,600
3,600
—10
Producers
Mountain States Power common
Mountain
-
Jun
7%
.3%
4
Jan
27
8%
7
3
3%
Jan
104
'
6%
6% Mar
2% Feb
7%
172
Jun
5
Mar
30%
May
Apr
22% July
Feb
2
3%
250
Apr
24
18
13%
96
400
Jan
Apr
23
$2 non-cum dividend shares
Midvale Co common...
Mid-West
Oct
6
13%
10 Va July
Jun
,
300
11%
Jan
Apr
Jun
9% Mar
17,100
Jun
60
Jan
100
2,000
29%
11%
12
Distribution-on
Muskegon Piston Ring common
600
1
Mar
Nov
50
200
11
1
96
Jan
11 '
'lOO
51
13%
92%
100
x22%
♦
International Utilities
8
•
shs
Jan
100
89
11%
10
Safety Razor B__
8%
102% 105
.50
International Products
International
89
105
•
International Metal Industries A
9%
July
7% Jun
Feb
M^*1* West Corn—
Mountain
8-'%
£1
Indianapolis Pwr k Light 4% pfd__100
Insurance Co of North America
10
Investors
■
Jun
10%
5>* Nov
108
Jan,
3 % Mar
Jan
1
Apr
30ya Aug
12% Mar
July
9% Feb
29
5% Feb
7 Va
~7%
-May
8
1% Mar
300
28%
—:
Apr
May
13
13 % Mar
3
Nov'
39% Set)
3% Feb
Middle States Petroleum class A v t
v
28
43
Mlcromatic Hone Corp..
Class B
100
50
6
Michigan Sugar Co common
preferred
5VB
110
.2§e
—.15
Michigan Bumper Corp
Michigan Steel Tube
8%
Apr
May
\
5Vb
6%%
21
6%
i%
Co
.
Merrltt Chapman
16% Jun
2%
9%
Menaseo Mfg Co_«—
Mead Johnson it
17% Mar
Feb
34
10
28
28
3
A*
-.1
5% Feb
Sep
11
12
.16
...
Illinois
Jun
Jan
23%
Feb
15
r
Imperial Chemical Industries—
Jan
Oct
Sep
lv-
% Mar
49
44
7%
11%
$2.50 preferred
McKee. (A G) & Ce class B__.
McWUliams Dredging
...
Jan
Hurd
Jan
May
700
64%
4
MeCSanahan Oil Co oommon——
McCord Corp common^
—
Nov
l
....
Inc
(Harvey)
12
8% Nov
74
common
preferred
Oil
11% May
74
.10
Horn k Hardart Baking Co
Horn k Hardart common-.:
Humble
10
w
IB'/a .-Jan
•
(Geo A)
•»%; A»g
"
95
Border's Inc
**
575
...__1
common
Hollinger Consolidated G M
Holly Stores Inc
Holophane Co common
Hubbell
900
8%
Feb
74
100
& Co class A-
Hormel
12%
10
.100
7% May
Mar
8-
10;
4%
Henry Holt A Co
500
.•
8V2
__3
,
10% Nov
900
9,
12 Vb
12%
6%
500
11%
8%
•-
Heller Co common
Hoe (R)
x9
11
;
*
2% May
V
•
11
110
5# convertible preferred.
>
Nov
'
8%
ll,'
:_8
common
A
Nov
5
_.L
Heara Dept Stores common..
Hecla Mining Co
:
*
18
56%"Jan'!«
4% July
-
2%- Nov
1% Now-
Harvard Brewing Cte^
—1
Corp of America n non-vot com—1
Hat
Hathaway Bakeries Inc—...
Baseltine Corp.——*.—
.1
Nov
48% NOV
Sep
7%
9,500
13
19%
Mangel Storei common
_1
Mkntsehewits (The R) Co......—:—•
Mapes Consolidated Mfg Co.
—<—*
Marconi International Marino
Communication Co Ltd:
41
'
.''47 ^-'-Atug''
Mar-;;
'
18
v
p-^pafcMay
: 8% Oct
30
%
18%
63
64
McAleer Mfg Co common.
5% Sep1-'.
.3% 'Feb'.--'
700"
15% Oct
July
M
H
6%.
Aug
25
71%
ft
ft
71
400
10
Massiy Harris common—...—.
..t
'
22
23%
...
Lamp Co.
Hamilton Brldga Co Ltd.
Oct
24
22%
'
23%
Marlon Power Shovel...—
Hall
Jan
May
11
1,000
'■ljm.
Jan
25
15 Vb Mar
500
May
lVa
(
M'-1-3%:i^toVfe^sPia;3%<Nov;"''-.I-
•
12,500
14%
Mains' Public Service Co.—_——10
600
ft
21
-. -ct
•"
;.ip
-
400
v,
-
Nov
20
-
^
-,50.:-,:'-Mar».tvvL^.eg%f-Gct-• ' <;
*
-70
8%
11%
20%
May
,
f
10
200
*
Mackintosh-Hemphlll Co
,
.
10%
Feb
9%
9%
Va
Jan
Jun
28
6
elass A.
Groceterias
Oct
10% May
6%
1
Lone Star Gas Co. (Texas).....
Longines-Wittnauer Watch Co_
Long Island Lighting Co—
Common ctfs of dep.
1% preferred A ctfs of dep
64) preferred M ctfs of dep.—
Louisiana Land k Exploration.
Louisiana Power It light $6 pfd...
Lynch Corp
el.3% Jan
i-l.I^Ml2.%-114 jvI-V
137' *^136%. 137. /w ■
37%/
*.36-%' :373/:V'f-v
'■
Gypsum Lime k Alabastine.
-
__'I'r-v,...Jl,%-.'ll.%.r.;.
100ft *« -«llv.-.wnnov.''i>r. "ct&tof* jan;I
: 7%, -7V2- .-v ;-„m20q 1.- r e% Mar
7% --,;:- '7%7%</ *.y 1)000•, \r^hMas .*-y»ofili4% Mey 4
Jan
J
—
Class B
••
__
Grocery Stores Products common_.25c
Gulf 8tates UtlUtlea $4.40 pfd—100
22»/a Feb
-50
-
stock——
•
7 V 1st- preferred—:.,—
_r_—100;
common
<
r,
"
;.Great "Northern Paper.,——;
2y8 Nov
'...
£3%
6%
_
SI
..1
Corp common
Loblaw
--21% Jan
r
6,100
NovS
*.%%?:%<■ <t %'}..*■ ft
/--i-ift, 52%Nov>"
.'III IS'-''li%:>!&%•:>; ■;-.100 '.c;-v .:.■&%/.8epbvfc
Gorham -Mfg 'eonutton.-—10.
Feb
500
i^'35%' Aug
»dflt/y.-sep^ r.^wmfcsiai*',
-
$440 prior preferred..
—*
Goldfleld Consolidated Mines. _L——1?,,
11 y8
8%
25%
Upton (Thos J) Inc $% preferred—IS
Lit Brothers common
*
12% Aug.-/: f, > 15% Jun
-
A__——*
Nov
Nov
20%
22
Locke Steel Chain.
Gobel (Adolf) Inc common——
6%
6%
6%
1
Inc—l—
(RG)
Line Material Co
;a»''y;'-Jnn.v
/35%Oct
Jaxr.
-10% Nov
1,100
i> 500
13
Realty common
Leonard OH Development——
Sep
12-..
Apr':
21%Feb
4,200
24%
2214
Nov
1,100
25%
>^-S
S
Lefcourt
83% Jun
29'
.
Apr
5%
Jan
11
Glen Alden Coal—
5%
8%
8
.1
1
•
Machine—
University
17 y4 May
Sep
100
%
B
La Salle Extension
lit1 .Jan
% .URt^Veb
2%.Mar
16
Class
Lanston Monotype
Mar
x9
liar
110
1,300
.18
18
Nov
Apr
.5%, Jan
Feb
2% Nov
i
50.
112 %
'1%
Laker Foundry-ft Machine—
Lamson Corp ol Delaware
Lagendorf United Bakeries cl A
13
5%
8
8%
—1
—
j-
■
5%
■
1,600
6,200
3%
.IlilVa
Apr
100%
'8s.;-. -iFeb-
Gladding McBean k Co.——a
23
Gleaner Harvester Corp_^——2.50
Globe-Union
1,000
1% "4
-
-
—#
common..—.
Co—
40
Lake snore Mines Ltd
9
96% Nov
'*•
it preferred—
Giant Yellowknife Gold Mines
Gilchrist
37%
Company
Apparel Inc
..Jan
8
...»
xl08% Jun
Georgia Power $6 preferred-.-
Gilbert (A C)
II
preferred—*
Public Service $6
2,400
,,6%
.-,6
■
7% Jan
,-10
-•
General Outdoor Adv 6% pfd——100
General Phoenix Corp
—1
General Plywood Corp common
5uc
6% preferred series A__
General Fireprooflnsr common
"General
$
——1
Laclede-Chiisty
L'Aiglon
9% May
7% Oct
6-> Sep
—£1
ord reg
High
Low
Jun
1
General Electric Co Ltd—
Amer dep rets
Bang# Sine* Jaaaary 1
Jun
27%
3% Nov
Skaree
High
Low
Far
Wifk •;-
■
fer Week
efPrlees
Sale Frlee
Yerk Curb Kxehaaga
New
>
4
Range
Last
STOCKS—
■
-
*
■
Week's
Friday
for Week
el Pxleer
*
WEEK
FOR
(2143)
CHRONICLE
Sales
Week's
Range
Friday
STOCKS—
*
FINANCIAL
N
N
&
Co
Y
Shipbuilding
:
,
Nineteen
Hundred
17%
1
100
100
97%
Corp class B
Jun
July
Jan
100
100
27
Feb
32
11%
150
11
Nov
15
Feb
17
17%
300
14 Va
Fftb
IP
May
6%
Nov
9
10%
May
5
8
7
Jun
7%
23.100
99%
1,475
Feb
105
Jun
97%
410
X92%
Apr
117
Jan
ft
—•
Niles-Bement-Pond
10%
11
1
preferred..
Class B optional warrants
Niagara Share Corp class B com
2vb
88
28 %
9
28%
10
10
Niagara Hudson Power common
5% 1st preferred
'
2d
Feb
Mar
9
Corp—
Founders shares
5%
75
*
Rosario
Merchandise
Y
59 Va
•
common
Honduras
2,400
69
%
5,300
9%
2,100
Jun
Jan
1
9%
%
8%
9
2,000
8%
Nov
7
97%
97
9%
9
8%
22
22%
300
92
12
Feb
May
11% July
12% May
Nov
23 y4
35
(2144)
THE
COMMERCIAL
NEW
YORK
RANGE
Friday
STOCKS—
New
York
Curb
Week's
Rang*
Share*
Low
__5
North
Amerjdtn Utility
North
Central
Northeast
North
Texas
Securities-'
RR
Oil
40
42 Va
40
43
2
2
200
—
16 %
15%
16%
2%
2 %
pfd_100
w d
*
100
Feb
100
8%
101
\8%
1%
15
Securities
48
Jun
Beeman
Oct
4
Feb
97 Va
Seloy
Brass
Co
class
B
common
1
!
Distillery
Oliver United Filters class B
Omar Inc
O'okiep Copper Co Ltd
Overseas
102 %
Oct
Allotment
«.£.
certificates
7
Feb
lb%
13%
Oct
Nov
22 %
Jan
Semler
B)
(R
Sentinel
Inc
Radio
Corp class B
Leather
Bhawinigan Water & Power
Feb
39%
Jun
800
30%
3,900
5
2%
July
Shattuck Denn Mining
Nov
48
9%
Sherwin-Williams
4%
•
Oct
preferred
900
14 %
Sep
Sherwin-Williams of
17'%
Jan
Shoe Corp of America class A
Bick's Breweries Ltd
15
400
33%
33%
34
30
30%
28
30 Va
•
103%
preferred"!
Pacific Power &
Light 5%
Pacific Public Service
com
$1.30 1st preferred—
pfd
Jan
7%
25
Aug
Fab
13
May
500
6%
Feb
1.500
Bilex Co
32%
Jun
300
29
Feb
91
Parker
Pen
Patchogue
Patlcan
Peninsular
Ltd
Mills
Telephone
common
1,000
1,000
42%
43
Polaris Mining Co
Powdrell & Alexander
5% Mar
8
3
Nov
6%
100
1%
Nov
103%
350
4%
1,100
3%
99 Va
300
43%
600
4%
39
3%
55
650
11.
11
100
»% Mar
4,200
4%
4%
9%
9%
100
23%
23%
100
8%
6%
,<
"
2%-
2
2%
.v
2
xG9
17%
17
500
2
Aug
3,400
2
Feb
700
Xll :
75%
1,320
18
>■
1,000
8%
4
10
2.50
Oct
-
5%
5%
1,100
3%
4
1C%
1,400
10Va
Nov
9% Mar
39
39
41
Feb
75%
Jan
18 %
6%
15
Jun
Apr
May
15
Oct
Jan
Feb
44 %
May
Feb
8%
Apr
97%
Oct
7%
7%
1,000
6%
ll%
9%
Feb
16
1%
May
3,400
1%
Jan
3
Jun
7%
Nov
11
May
Jun
10%
1
1
1
•
%
9%
9»/4
9%
100
»
_
100
91
Light—
92%
'
ii
prior
•
com"!!>
common
5
94
22
-21%
100
.<
90%
Nov
90
Jan
99
95
225
225>i7
preferred
100
Quebec Power Co
21% -No?
30
50
100
11% July
6% Sep
14
6 %
143
—11111.
14%
Jun
8%
option warrant®Railway & Light Securities-
Voting common
Railway & Utility Investment
Rath Packing Co
common
89
650
143 %
60
14%
175
"Ho
Raytheon
79
139%
' 12
Mar
x96
Jun
Nov
152
July
Mar
15% Aug
—6.25
Rio
Grande
(Texas
Valley
Corp)
Gas
t
v
Amer
-.8
Russeks Fifth Ave
Ryan Aeronautical
Ryan Consolidated
Ryerson & Haynes
Mar
800
18
1%
18%
5%
Jun
Nov
900
.,
450
5%
Oct
19% Mar
9%
85
88
27
27
2%
1,400
2%
5,000
110
300
5%
Jun
—
8%
4%
33%
IV,
1
33
9%
Nov
1%
Sep
3%
Nov
26%
18
2%
1%
85
23
Nov
32
& Co
Inc
new
common—1
4% May
Samson
Bavoy
United
Oil
Inc
Bayre & Fisher
Schulte
For
ID
A)
Corp
49
Jan
Nov
Mar
2% May
93
37%
Mar
1,300
8% Nov
13%
Jun
100
2,100
17
Jan
1,100
x7%
Nov
11%
Apr
675
14 %
Jan
24 Va
Oct
100
10
21
10.%
3% Aug
Jan
5%
43
11%
Sep
Oct
Jun
5 %
5 Va
100
3%
Jan
5%
7%
5%
Apr
700
5%
Nov
5
11%
5
100
Brick
Inc
footnotes
Co
2%
l
common
see
10%
1
"lie
page
37k
1
7%
18%
8%
4% Mar
1%
31%
Feb
41% May
28 % Apr
;;
9
2%
2%
-
25 %
Jan
10
% July
Feb
48 Va
Jun
2%
Nov
4%
Jan
4%
Nov
7% May
1 Va May
%
Oct
8%
Feb
13
Aug
; 400
19% Mar
26%
2Vi Mar
3%
Jun
17%
9%
—
28%
200
Feb
11% May
30%
m*m
30 %
J
Sep
100
2%
17
Feb
36
700
23
t
1
22% May
100
9%
23
'
Jan
4%
13
ii!
-
9
pmm
July
29 Va
400
400
'
29 »/4
200
■
37%
»
Nov
Mar
2,900
25%
Feb
30
Aug
5,700
1%
Jan
3
May
1%
17
—
2
19 3/4
Nov
,
»<
2% May
1% Mar
'
Feb
'
109% 114
:mm
6%
7
300
3%
33/b
3%
800
2%
1
•
3% Aug
2% Oct
2%
100
1,200
23/4
Nov
100
52%
Feb
72
24%
24
17%
250
22
Feb
27%
18
200
15% Mar
6%
Oct
8% May
5% Apr
3%
66%
1
122
0% Aug
67%
3
67%
'
Feb
102
20
7
3% May
6%
Jan
Oct
i
Jun
23 % July
8%
Jan
1
1 Va
1
Va
1%
2,400
%
Feb
2V«
Jan
—1
43/4
4%
5%
1,700
4%
Nov
7% May
■mm
■
'mm'
mm.
12
mm
1
1
—
13
10%
Nov
12
250
Nov
15%
Jun
200
13
Nov
1%
Apr
11%
900
10%
Nov
15%
Jan
20 Va
Jau
1
V
_
•
1
/;
12%
12%
13%
1,150
12%
Nov
33 Va
32%
33%
650
27Va
Jan
5%
Nov
—
15
~25c
5%
•
mil
5%
100
15%
600
2%
.
i»
3
\
13% Mar
12;
11
11
100
27%
28
.1,400
75
,
37
Oct
7
Jan
17% May
•
2% Mar
600
12.
—
—1
•
27Vs
4
common-
pfd
100
common
*-.
10
,
/
123
3%
Feb
Jun
Apr
i.
'.V..
.:
1
12
Nov
16
118V4 July
124
10%
1,100
May
31%
Jan
May
123
123
10
17
300
17
Oct
19 Va
Jun
16%
16%
100
16
Feb
21
Jan
10%
10%
800
10
Va Nov
15
May
14%
5
14%"'
100
11% Mar
16%
10%
—1
Jan
18May
-
'
1
Stocks
*
-
10% Feb
27Va Nov
17
1
Realty
.
12%
'Hy
y*.;
■
11%
5
& -Construction
5%
•
dep rets ord regis
dep rets def regis.
Amer
55
55
7%
49 % Mar
40
Feb
57%
Oct
7 Va
Aug
Apr
20
7%
Nov
2,700
18%
7%
9%
10%
25,400
2%
2%
800
2%
3
3
700
1%
2
3,100
2,300
Oct
56%
200
51%
Nov
66
July
2%
2%
1,400
2'/4
Nov
5
Jun
Toledo Edison 4%% pfd—
Tonopah Mining of Nevada.
.100
881/2
1
%
Trans
—1
4%
Lux
common
Corp.
Tri-Continental
Trunz
warrants
lOo
convertible
2%
2%
26%
Va
<;.
.Nov
%
400
99%
;
6%
|1% Feb'
3,000
Jun
1% May
Nov
4% Aug
200
•
2%
88
250
'%,.
4%
Jan
Apr
4% May
25
26%
Nov
31
May
5
5
200
4%
Sep
9
Jan
9%
9%
300
8%
Oct
12
Jan
IVa
Oct
3%
3
33fl
1,700
3
Nov
7%
6%
7%
1,200
5% Mar
6%
6%
200
com
preferred
26% <
U
'
Ulen Realization
Unexcelled
Chemical
of
6%
Jan
Gas
Union Oil Co
$3.75
•
pfd series A
Stock Yards
United
Aircraft
United
Chemicals
United
Corp
of Omaha
United
Products
com
Light
Milk
87%
Nov
20
52%
Nov
3
Nov
3%
3
•
2,600
•
'
l7ff
38% Mar
—
6%
Jun
Apr
8 %
Jan
7%
Nov
.•
A
30
'
—
—10
17%
17
7
20%
20% X21 %
18
—
16
3,500
;
•
'
mm
—«.
5% July
Jun
70
Feb
% May
36% May
20% July
Feb
17%
——
—
Jan
Jan
'
Feb
233/4
14 «/4
11,300
•
common
97%
62
Sep
17,100
*
-
Nov
30
Jan
24
Sep
25%
Jan
Oct
Molasses Co Ltd—
dep
rets ord
regis
^kmrnrnm
*
mm'
mm
—
—
—
—
5V| May
5% May
'
Profit
&
Canal
Sharing
M
United
U S
Apr
U S Foil Co class B
Shoe
Preferred
_____
Specialities
Air
common- —25
_
S
and
$5
1st
__
International
preferred
with
warrants.
51%
54
38%
38%
80
1 %
1%
400
3,925
1%
1
14%
•
Sep
Nov
10%
Jan
51%
Nov
62%
Apr
3%
14
3%
75
38
Sep
8
1
IOC
—
Securities.
51%
Nav
%
500
mm
25
common
Conditioning Corp
%
%
10
_
Machinery
mm
%
243%
6%
-
25c
com
preferred
Jan
U
400
54
mm
Railways
&
Products
NJ RR
United
3Va
90
"fir
Preferred
United
Apr
87%
•
Corp
United Gas Corp common
United
—
.500
common
Elastic
United
6
54
90
-100
warrants
Jun
Jan
-4
23/4
-
of California—
Aug
3Va
•
—
Union Investment Co
31/4
4% May
5
Corp
Canada
12V4
3%
_10o
Corp
23%
Feb
88
88
263/4
Sep
Nov
Urn
Inc
1% Mar
Nov
l3/a
U
53%
2%
Nov
1%
Nov
56%
Aug
3
43/4
-8S
_20
Shipyard Corp
Royalty Corp
Toklan
9%
1%
—£1
.700
Todd
10%
3,100
2
"3
23%
mm,
—
200
•
Tishman
Apr
l_i
common
(Del)
23%
—
3%
5
new
Tivoli Brewing Co
Tobacco &. Allied
Apr
4%
8
10%
19%
25
4%
mm
common
Union
5%
7%
5
May
26%
.
3
""
Light 1%
Co
United
Lawrence Corp Ltd
conv
pfd (new)
Bait Dome Oil Co
28
1,900
1,400
1mm'
common
Amer
1st
900
27%
4%
•
Power &
United
St
27
27
37%
Jan
5%
1
;
Jun
Oct
27
mm
Jun
May
24%
x7%
x20Va
-T.23
Petroleum
26%
1
common
>
6% July
47
Jan
;; •* is
„
26 %
1
.
103/4 May
*
-
Thor Corporation
Tllo Roofing Inc
Union
10
'
r
Oct
—£1
5
Jan
Feb
7%
26% July
5% Jan
3%
24% Mar-
87%
«
common
55
.7,900
3%
2%
1
Co
Jun
1.000
1%
18%
5
common
Jan
37
21%
2
11—1
Co
(The) Corp common
Royalite Oil Co Ltd
31
200
1
Inc—
Rowe
Sep
30% Mar
200
5%
Co—
_
Rotary Electric Steel
6%
~2%
dep rets for ord reg
Corp common
Field
5%
—111
Cable
Roosevelt
27
27
3%
—1
Rochester Gas & Elec 4~%
pfd F__! -100
Roeser & Pendleton Inc
commonRolls Royce Ltd—
Rome
20% Jun
^1% May
5%
111
■
c
3% May
14% Mar
% Feb
20%
—11111
Co—11__1
&
Engineering
*
6%
Nov
33 Vi
1%
Corp
TungrSol Lamp Works
Reed Roller Bit Co
Regal Shoe Co
Rels
(Robert) &
Reliance Electric
1% NOV
50
17%
27
7,600
52
17%
27
3%
900
mm
1
Taggart Corp common
Tampa Electric Co common
■
»
.
Manufacturing common—lis
Reading Tube Corp class A—
Rice Stix Dry Goods
Richmond Radiator-
1%.
•
"
200
41
mm
Drug common
Superior Portland Cement, Inc___
Superior Tool b Die Co
Swan Finch Oil Corp
Amer
1%
1
Raymond Concrete Pile
common
$3 convertible preferred
3%
3%
40%
5
July
4% May.
3'% Nov
Tobacco Security Trust Co Ltd—
1%
in
A
700
Jan
Feb
R
Aadio-Keith-Orpheum
3,600
mm
10
Corp
Technicolor
6%
Oct
6,000
83/8
Aug
1,000
12%
86%
3/4
1%
X3>/4
8%
14 Va Mar
July
99%
6 %
87
Apr
Feb
•
Co common
Thew Shovel
common
8%
mm■
"III
Sun Ray
Texas
Quaker. Oats
25 Va
2,600
27
1
B.
Stlnnes (Hugo) Corp
Stop & Shop Tnc
(S)
25
9%
—
1
—
Stroock
Oct
29% Aug
27%
1%
mm
■
-
10
Sterling Aluminum Products
Sterling Brewers Inc
ISterling Engine Co.
Sterling Inc
Sunbeam
Jan
94
]
•
(J B)
4
Sep
35%
•
Co
July
8%
3
Stein
Stetson
mm
3%
2.78
.
May
3
'
4%
common
Nov
270
88
mm
'
'
mm*
■
mm
•
&
—r
8% May
19%
Mar
'
1
Steel Co of Canada.
(A)
225
'
—
(The)
360
*
Co
373/4 Aug
Nov
i i
121,'2
12%
111111 lllO
Oct
Starrett
232 Va
X227
403/4
5
Standard Tube class B_
Oct
B
—
25
J
(Ky)
class
May
6% Mar'
19%
83/8
25
Co
Products
Jun
Jan
35
100
•
preferred
Jan
14 Va
11%
1%
25
Standard-Thomson Corp
Oct
21%
37
150
$7
Jan
87
3.9
Common
Standard
17 Va
Apr
27%
25
preferred
Oil
Apr
22 % May
Nov
1,700
19%
•
_
Corp
108 Va
Apr
4%
200
7%
19%
9%
Standard Power & Light com
Mar
8%
America
preferred-:
Standard
Mar
13%
Jan
10%
10%
•
Colorado—""
Co
Jan
~2II
V4 Mar
12%
11111111125c
common
Feb
37% July
58% Feb
1
—
Manufacturing
Jan
Jun
4
mm
■
7
10
preferred
Dredging
Jun
r
$1.60 convertible preferred- >.-20
Standard Forgings Corp
1
Oct
9%
%
»
X69%
Prosperity Co
Pyle-Natlonal
Pyrene
11%
29 Va
2%
2
11%
f
•
&
Standard
July
76
Jan
-
1
preferences
Convertible
Jan
6
Feb
11%
'
7
50
preferred
Puget Sound Pulp & Timber
Jan
July
*
'
12.50
^
Oct
17
12% Mar
29
preferred
Oct
May
223/B
Nov
3%
Standard Brewing Co
Standard Cap & Seal common
Jan
70
11% May
Feb
22
100
4%% -cumulative
Feb
~4%
54
183A
mm
mm'
—1
Spencer 8hoe Corp
...
Producers Corp of Nevada
$3
5%
3% Mar
4%
48
400
mm
mm
_
Btahl-Meyer Inc
Jan
13
Feb
12% Feb
-
.—1
__
preference
Southern Pipe Line
Jun
600
4
Feb
16
'''
cum
cum
57%
Edison—
conv
4.32%
2%
300
1,100
'
•
preferred
Southland Royalty
6% May
54%
.
Line
California
conv
1,000
20'/a
"4%
X227%
£ 1
—
common.
Pipe
2%
15%
153/4 May
JNOV
104
19%
.100
common
4.56%
Jan
108 %
Pa
IOV4 Mar
12 l/4
—
mm
7%
_
_
4.88%
Jun
Nov
54
11
common!—1— ~2~50
Puget Sound Power
Oct
Oil
original
4.48%
Vat Oct
4%
Nov
Mar
54%
•
common
class B—
Providence Gas
Public Service of
49
26% May
5,700
H»
Co
of
Nov
Nov.
1,820
.40%
•
1st preferred
Inc
Jun
42
600
12%
'mi*
«
_
Corp—
Penn
5 %
13%
—
•\
_•
Manufacturing Co—
Southern
Jun
1% May
57
—,
—100
Coast Corp
Aug
Jan
4
NOV
—
Illi
Manufacturing common
Bouthwest
Jun
4
1%
4%
50o
common
Corp of Canada
113
5%
Feb
%
14%
57
mil
South
24% May
Feb
Nov
Nov
P/4
Publications—
common
Paper Mills
South
May
3%
102
41%
31
_7%
3
1%
.2.50
1111IIH J
Erie~RRl"~50
Pleasant Valley Wine Co
Pneumatic Scale common
Nov
2%
350
Nov
22
~7
7%
•
shares
common
Pittsburgh Bess & Lake
Pittsburgh <fc Lake Erie
Pittsburgh Metallurgical
16
Boss
2%
700
700
11%
preferred
Boonton^
Oct
14% Aug
19 Va
Sep
4,700
%
19%
•
(Howard)
§Solar
Jun
Jun
3%
—
13
Solar Aircraft Co
Oct
4%
Nov
Mar
19%
SO
2 50
1
common
Piper Aircraft Corp
PItney-Bowes Inc_
Metals
17%
3 %
3%
Johnson Ltd Amer
Pioneer Gold Mines Ltd
Pressed
16
~2% ~3%
16%
100
"
Pinchin
Lambert
600
3%
_
Corjf—
i
,Tire & Rubber common
Philadelphia Co common
Phillips Packing Co.
11111111
&
22%
11
(Mass)20
Perfect Circle
Prentice-Hall
19%
•
—
6%
Pratt
19%
——1_1
Penn Water <k
Power Co
Pep Boys (The)
Pepperell Mfg Co
Power
9%
Sep
34
2% Sep
12,300
28
warrants—
Penn Gas <fc Elec class A
common
Penn Power &
Light 4%% pfd
Penn Traffic Co
Governor
41,600
•
$1 cumulative preferred
Feb
4 %
10%
.1—2
Pennroad Corp common
Penn-Dixie Cement
Pierce
23%
3 %
10%
—•
d
w
Smith
25% July
Jun
85
87%
3%
•
common
J.80%
July
17%.
4%
,
8
Plymouth
Co
97
Mar
10%
—
R~eel__!!!!llll~Hi
&
Jan
Jun
23
"Ill-
Co
Parkersburg Rig
106%
12% Mar
•
Page-Hersey Tubes common—III—III*
-
Apr
32% July
Mar
101
100
Feb
273/a
75% Mar
•
Singer Manufacturing Co
Singer Manufacturing Co Ltd
Amer dep rets ord regis
Bioux City Gas & Elec Co—
36
•
Pancoastal Oil (CA) v t c_
Pantapec Oil (CA) Amer sh
Paramount Motors Corp
74
150
Feb
3%
2%
>
10% May
230
103% 104
80
13%
2,050
43/4 May
~2%
—
Simpson's Ltd class B_
Is! pfdl_—II21
Jan
20%
1% Mar
•
Canada
$3 convertible preferred-
7%
Jan
24%
14
-100
Oct
Nov
Simplicity Pattern
7%
2 3/4
Nov
20%
—25
common
12%
7%
Nov
15%
—B
14%
1
g
13/b
200
13
*
8
4,600
12,300
33/a
1
Feb
Jun
3
19
1
Sheller Mfg Co
1%
19%
Nov
16
•
common
Jan
22%
1%
Oct
Jun
%
Jun
8
16
200
Jun
3 %
1% Mar
2%
"3
1
common
Simmons-Boardman
Pacific Can Co common
Pacific Gas <fc Elec
6%
5%%
1st preferred
Pacific Lighting $5
1%
Control
109 Va
l
16%
78
1
Corp
Safety
Nov
20%
400
__
Jan
•
2
—
33
9%
22
15%
20%
101
36
Feb
2%
—25
90
9 Va
10%
"l%
200
34
34
600
1%
16
8,200
'9%
Feb
20
16
stock
stook
prior
27
1%
llll
common
High
700
19
•
ri—
Inc
Low
29
•20
1
Co_.
Industries
Range Since January 1
High
28 Va
—
Amer shares
Securities
Low
•
Inc—
$5.50
Seton
36
l
Shares
llll
1
38%
39%
102% 102%
•
18
for Week
♦
' 1%
1%
100
t,
Range
of Prices
28%
Corp General
Shoe
Sales
Last
common
Convertible
O
Ohio
Co
Bros
Selected
-Jan
9%
Week's
Friday
Sal* Price
Segal Lock & Hardware
Sep
103
7% Nov
2,700
1,900
16%
'15%
__
97
May
21% May
3% Mar
Sep
Jan
9,300
12
Steel
Jun
Mar
2%
150
3%
11
50c
Ohio Power 4%%
preferred
Oklahoma Natural Gas
Old Polndexter
k,
Yor£ Curb Exchange
Scullin
48 Va
90
11%
•
common
.
.
Par
Serrlck
Corp
,
Manufacturing
Sentry
Ogden
</
.
Scovill
Mar
33
r-:. 1,800
New
1% May
8% Oct
33 Va Mar
700
2%
—
1
6%
500
1
Nortnrop Aircraft Inc
Novadel-Agene Corp
19
...
High
% Mar
300
50
.Northern Indiana Pub Serv 57»
Northern States Power (Minn)
1,800
5,400
43
5
Co—.
7%
42 %
•
Airlines
Penn
'
1
STOCKS—
Low
U
7%
7%
•
,,
NOVEMBER
Range Btnee January 1
High
%
North Amer Light & Power common__l
North American
Rayon class A
•
Class B common
Monday, November 22, 1948
for Week
ef Price*
CHRONICLE
EXCHANGE
ENDED
,»
Last
Mines.
CURB
WEEK
,
Par
Nlpisslng
FINANCIAL
Bale*
SwtoPrio*
Exchange
FOR
&
■
36
Nov
1%
Nov
14%
2,000
11%
Feb
334
3,900
1%
Feb
25
70%
Feb
75
250
2
41%
13
3%
July
Jan
Jan
July
Jun
19% May
5Vs May
86
May
CHRONICLE
THE UOMMERaAL Iz 'FINANCIAL
Number 4753
Volume 168
CURB
YORK
NEW
EXCHANGE
WEEK ENDED NOVEMBER
FOR
RANGE
10
jmm
York
Curb
Bale*
Ksb(I
fer Week
Last
STOCKS—
New
of Prices
Bale Fries
Exchange
«
Low
Par
U S Radiator common
1
U 9 Rubber
1
Reclaiming Co
1,500
13A
400
2%
l3/4
1%'
2%
35
36
.
Low
(Irs
300
8%
3
Jan
45
2l/a
2%
2%
2,100
21%
22 %
1,500
19% Mar
26
with Nov 1
1968
11850
Kansas Power 6* Light 3,% s
McCord Corp deb 4%s
Midland
22% May
Valley
J«A
15%
—
Venezuelan
6Va
*
.4
—
1
Petroleum
Venezuela, Syndicate Inc^
6%
6
3
*
70
67
10
3,300
3%
1,100
Jan
10%
12% July
Jun
5%
.6% Feb:
2 3,4; Nov
100
13
Jun
$101Val03%
A-O
4%s_——1967
M-S
$62>4 64
104 ya 104%
$106
107%
Hydro-Electric
Waltt & Bond Inc——
11 cum
Waltham
Ward
Watch
Co
\
1
Wentworth
Manufacturing-
West
Utilities
Texas
•
Westmoreland Coal
Whitman
(Wm)
600
148
25
preferred w w
Winnipeg Elec common.
2
—
1
Woodley Petroleum
M-S
113
A-O
"101
3s—.1965
M-f
10
May
Apr
25%
18 ¥2
Jan
Oct
Jan
Spalding
Oct
16%
Jan
AStarrett Corp lnc
Jun
24%
200
6% Feb
11
6%
100
6%
Nov
11%
Feb
12% Mar
10
10
25
5%
1,200
16%
225
25%
25%
300
17
30
05
300
18
18%
1,100
18
13
Btlnnes
A7-4s
May
Ternl
6%
5s—
trust—
"ill ~1%
"in
8,800
F-A
(Hugo) Industries—
2nd stamped
Oct
i 1940
A6%s with Aug
Curb
Period
■
*
Last
Oct
or
Friday's
Low
Appalachian Elec Power SMiS—— .1970
Associated
St Tel
Assoc Tei
97%
I
—
,
1
Bold
Low
16
102%
98%
20
1
64
-I960
3
-1998
99%
18*
4
3-D
A-O
16%
18
6
16%
28%
33%
33%
25
M-f
-1954
L
J-D
100%
M-S
92
Jan I960
M-S
104.
106
1958
A-O
104%
104
104%
23
103
looy*
K-Q
106 %
106% 106 %
26
105%, 107%,
Debenture 5s__
—1969
19.77
Debenture 3s—
Consol. Gas El Lt & Pwr (Bait)
1st ref mtge-3s ser
lrt^ret mtge- 2.%$ ser Q_
1st ref 2%s- series
2%'s conv debs.
Consolidated Gas.
71
82%
99%
3
85%
288
104% 104 %
U
A
v:.
J-J
$98 "
A-O
1962
Jf-M
98%
5
lit,
A 1st mtge
Bastern
Gas &
Fuel
Elmlra Water Lt
7s——
86
108
102%
108%
117
120
$112
A-O
103%
111%
„
_19«8
3%»_.
A RR 5s
1936
n-n
May
or Friday's
Bid A Asked
5%s
42%
Mr!
61
42%
28%
8,7%
-24%
A6%8 ex Nov 1 1947 coupon—1962
High
65%
61%
62%
5
31
39%
m v:—
v,)60
6V2S
33%
33%
M-JV
$68
73
F-4
$66%
74
1952
stamped
-
6%
J-J
68
'?
6
">•<£
%''
M-f
12%
■
12%.
M-ff
J-D
25
25
1051
33%
33%
^..1947
...1947
AMortgage Bank of Chile 6s——1931
Mortgage Bank of Denmark 5e—--1972
JB-H
; 4-O
"i J-D
J-D
7s
stamped—
*
Mortgage Bank of Bogota—
A7s (issue of May .192.7)
A7» (issue of Oct. 192.7)
112%
$12
■
»■->
24
-
IB
5
;
la;,*24
30
2
31
Peru
101% 101%
100%
102%.
(Republic of ) —
Is-to 2%s (ser ABODE)
1997
Rio-de Janeiro stamped (Plan A)
Interest reduced to 2.%
—2012
$102% 103%
102%
103%
ARussian
Finland Residential Mtge Bank—
stamped —*
1981
Grand Trunk Western Ry 4s_——1950
Green Mountain Power 3 %s—1901;
5s
—1958
Guantanamo & Western 6s
J-J
•
J-J}
49
$58%
J-J.
38
60%
M-Jf
J-R
$30
—__l_1857
M
International Power-Sec—
1976
-
—
A6%s (Dec 1 1941 coup)
61
56
105% 105%
1981.
1955
Indianapolis Power &*Lt 3%s_
A6%s. series-. C—
48%
M-f
11
103%
-
106%
v
•
32%
$26%
17%
44
$41 %
$61
65
series E
A 7s
A 7s
(Aug
——_—•
series F_-——:
A 7s
34
1941 coupon)—.—1957
30%
17
1952
W
32%
31
17%
$26%
31
__
34%
17%
:
31
17%
1
32%
35%
16%
5
31
32%
(July 1941 couppn) —.1852,
Interstate Power.COr—,
•-(.:•
ADebenture escrow ctfs..
34
•
$26%
—
*No par
Odd-lot
value,
a
transaction
61
61
14
62%
:
31
-55%
Below
on
are
J-J
:.
-1921
3-D
M-f
J-J
"wl.y
Exchange
as
Date
Rail¬
Util¬
trials
*
and bonds
compiled by Dow, Jones & Co.
-r-Bonds-
Indus¬
roads
ities
10
Total
Second
10
65
Indus¬
Grade
Grade
Util¬
40
Stocks
trials
Rails
Ralls
ities
Bonds
Total
10
First
101.29
98.24
Nov.
13
174.32
53.72
32.88
63.89
100.39
101.71
89.55
Nov.
15———
176.01
54.34
33.10
64.51
100.52
101.82
89.56
101.35
98.31
98.44
Nov.
176.20
16
Nov.
18
Nov.
1.0
33.16
64.72
100.62
101.91
89.69
101.55
176.07
17
Nov.
54.85
—
—'
14%
14
14%
59
13%
15%
$21%
22%
2%
2%
2%
23
*3*
2Vi
2%
2%
39
2%
24
-3%
8%
.
75
15
•,
27
"n-v," non-voting stock; "v t c," voting trust certificates;
whtA Issued; "ww." with:warrants;"**;" without warranta,
,r
10
20
.'
29
•
Stocks30
28
Deferred delivery transaction (not Included in year's range).
d Re-Interest.,
(not included In-year's range),
t Rr-distrlbutlon.
g Ex-stock dir.
h«x-
the daily closing averages of representative stocks
the New York Stock
$26%
J<J
Stock and Bond Averages
listed
81
»
tive; f'conv," convertible; "M,"> mortgage;
J-i
25
1
—1919
6%s
44%
V NO
$25
principal.
n Under-the-ruU transaction (not Included In. year's., ranjroi
rTransactloa ([or sesh
(not Included in year's range), xEx-dividend,
yEx-rights,
zEx-liquldatlng dividend.
$Frlday's bid and asked prices; no sales being transacted during current week.
A Bonds being traded f lat.
IReported in receivership.
Abbreviations used above—"cod," certificates of deposit; "cons/' consolidated; "cum," cumula¬
33
'
A 7s
Government
A5%»
60
39%
$41%
'
Parana stamped (Plan A)
1
Interest reduced to 2y«s——2008.
31
8
0:q
:t
5
Ircole. Marelli
24%
64%
78
't*i'/''
>■
85
110,.
__
Lom
$61
*
103%*
$112%
High
'
City (Peru) 6%s stamped_195l
Maranhao stamped (Plan A)
Interest reduced to 2y8s—
2008
46%
98%
Elec Mfg Co—
A6%s with Nov 1 1940 coupon—1952
No.
61%
J-D
1951
A External
115
98%,
w
Range Since
January 1
Sold
J-J
!955
5s
100%
85%
Bonds
$61
109
61
61
98% 104
A-O
1948:
External
AMedellin
U---1995,
1892'
4s ser B__—
72
106
6
Week's Range
Last
Bale Price
April 1946
Jan 1947
Danzig Port & Waterways—
101
Division—
mtge 4s-ser A__
6
26
108
102% 102%
Period
Valley 7s
Danish Cons Municipal Loan-
-106%
96%
6
98
98
102,
97%
103% 103%
83 Vi
108
$119%
Interest
A Lima
—1984
J
P-A
ACauca
—
mtge 4%5—-
of- N
83
Bogota (see- Mortgage Bank of)
88%
78
..
27%
108
J-D
Exchgnga
Curb
20-year 7s.
A20^year
.
Dalaware Lack & Western RR—
Lackawanna
-1960
—1959
5s
External
.—
City)
97
92
84%
85%
J-D
—..1981
R
(Bait
J-J
81
—
—1969/
—1976
P——
17
104% 105
18
8
Agricultural Mortgage Bank (Col)—
1954
88
•91
25%
Union—
BONDS
New York
87%
87%
38
103%,
107
108
A-O
Friday
168
102%
98%
12
19
101
......
J-J
Debenture 5s—
-2030
111
155
100%
28
$12
Foreign Governments & Municipalities
107%
109
8
165
100
30
,.
1948
redeemed)
Cities* Service 5s_
Gen
;
$155
"
30%
'
$101
J-D
LOW
I Central States Electric Corp—
A5s (20% redeemed)
a5%.s< (20%
-'-a
75
16
106%
......
108% 108%
Q-r
-1970
122
$12
5s
Traction
Penn
103%
96
103%
$105% 106
J-D
6s
104
63
—
High
,
2%s
Steel
Edispn
96%
114%
18
-1956
1947 coupon
Hotel—
Income debs
A 5s
108
Telephone of Canada—
Boston
106%
1
Bange Since
January 1
NO.
102% 102%
Jf-N
J-J
Bende
-
105%
101
3
122
$62
100%
7
-
98%
98%
.1956
1940 coupon
with Dec 1
A7s ex Dec
2% May
Nov
104% 104%
98
J-J
.1955
3J/4S
5s series C
Bethlehem
•
J-D
-1964
deb 5Vis A
Atlantic City Electric
Bell
_1953
4y2s
Electric
High
103% 103%
103%
88
United Electric Service Co—
Jan
6s conv • f debentures
Bid A Asked
Bale Price
1
120
1985
coupon
9%
Week's Range
Friday
Intereet
Exchange
100% 100'/a
101
101%
J-J
—1946
22%
Nov
Western Newspaper
BONDS
J
A-O
A6%s ex Aug 1 1947 coupon- .1955
1948
United Electric Co of N J 4s
14
West
York
,105%.
101
—
2
A-O
Washington Water Power 3%s— .1984
New
—
105 V*
103
'
•
—
114
101%
Hydro-Electric Co—
West Penn Electric
•I11'
60
97%
101%
,
103% 103%
M-S
—1946
stamped...
Waldorf-Astoria
1%
t
101
113
•
Corp—
Jan
102% July
'
Nov
Feb
9%
3rd
"2
113
*104%
103%
J-3
1980
1960
—1966
5s
(Hugo)
A7-4s
Jan
28%
Jan
9%
,103%
99%
7% May
Feb
97%
9%
9%
(A G)
collateral
Stlnnes
May
19
Jan
97%
—
.
3% Feb
14
98
-
(Calif)—
Gas
Jun
A 7s
•
Counties
1st mtge 3s——...
1971,
Southwestern Gas A Elec 3%s——1970
10%
5
I*
34 °
150% 160
"1003i 101%
F-A
•4-O
Mar
17% Mar
16
■
106
19
1
103 y8104 y»
J-J
1975
Gas 3 %s--—.1970
Southern
£1
preference
Wright Hargreaves Ltd
—1
Southern California
33
5s
6%
Edison
1st & ref M 3s ser B—_,——__1973
May
29% July
40% July
Ltd—
A^ierican deposit receipts
California
3%s series A.
161
900
10
—
pfd.IIII100
Lt A Pow 6s B_
11955
mtge.3s_—_—1951
115%
100
6%
■;!
105%
103
17
Ban Joaquin
10%
•
Pwr & Lt 4 y2 %
Industries Inc—
21
150% 153
Apr
Southern
Feb
.
150%
"99%
20
150
J-J
M-N
19%
'
103%
—
Safe Harbor Water Power Corp 3s_l981
19
'
28
100% 100%
6s
:I.-W I;/'-
92%
82%,
1
—
_
Bcullin Steel lnc
Jap,
2%
10%
7
108
103%
$12
4-0
2%-May
.
.
92%
$25
-I860.
14
1
104%
100
is
103% 103%
$io4y8105 y*
3-3
50-year 6% debs
.1996
Queens Borough Gas & Electric— ■
• r
5%s series A
——11965
7% July
140
150
-36
20%
1
Wisconsin
-
„;
•
IIIIII1
—_
156
35
«
common
(F W)
1%
20%
91%
91%
3-D
Jan
6%
% Nov
2%Mar
-1% Feb
25% Mar
—5
5%
Woolworth
1%
2
800
«%M»r
,
—
•2%. Jan
13
111
10
(The) Corp:
Williams (R C) & Co—
WiUson Products Inc_.^
Woodall
2,200
156
1
1
Wickes
Brothers
2%
47/»
-
10
—
& Co
Wichita River Oil Corp
Wilson
4%
July
1% Apr
«% Mar
100
2%
20
Weyenberg Shoe: Mfg-
Feb'
8
700
9
4%
i%
.
Western Maryland Ry 7%. lstpfd—100
Western Tablet & Stationery com
•
Westmoreland Inc—
"l%
-
3% May
11% July
110% Feb
1% NOV
'
1.28
preferred-
$6
100
2%
i
Corp—
9%
9
Baking Co warrants—
Wajner Aircraft
200
~1%
i%
1
;
1%
106
30
j
Co—
1947 coupon
1
102%. 106
104
107%
101%, 104,
$100% 101%
j-jr
67
58
~i
-Public Service Elec & Gas Co—
9%"
—;:
- .
1
preferred
A 6y2s ex Oct
1%
Wagner Baking '.votingtrust ctfa>e*t,-*
1% preferredt.——
100
,
105% 105 »/a
i-O
1940 coupon__1960
A6%s with Oct 1
•
25
109%'
103%
101%
—
$102% 104
J-D
4-0
1st mtge 3a——1964
Pennsylvania Water & Power 3%s_1964
3%s
1976
Piedmont
,
17
10T
——
*-4
Park. Lexington
18%-May
W
Waco Aircraft Ce_
28%
15%
104%, 1Q4%
...I860
to
England Power 5%s
—-1961
N Y A Westchester Ltg 4s
2004
Ohio Power 1st mtge 8%s
-1965
Ist mtge 3s
—~—1971
Jan
98
Sep
6%
3
13
10
5% Nov
600
6%,
70
*
.
13
»0
Vogt Manufacturing.
6
5
109
.$108
New
.
20
■
15%
15%
,$103
RR—
Milwaukee Gas & Light
.1
High
16
28
**, $12
J-J
Extended at .4%
Valspar Corp common
Inconvertible, preferred-
Low
*
J-J
Jan
3%
Range Since
January 1,
Sold
No.
High
$25
.1952
.1952"
1940 coupon
1947 coupon
Jan
29
2% Nov
22%
A 7s
Altallan Superpower 6s
-.1961
Kansas Electric Power 2%s——1980
July
23%. Oct
22% Nov
27%
•
Sugar
Iftah. Power ALlghfrcanunon
23%
700
10
1.
Universal Products-Co common-
Utab-Ideho
.Bonds
Friday's
er
Bid Jk Asked
Hydro-Electric Co—•
A7s ex Nov 1
3% May
19 % Mar
——
Isarco
Sep
Apr
Sep
35
Week's Rang*
falaPrlea
Low
Nov
1 %
2%
300
36
Period
Exchange
Curb
High
.
„
6% Nov
York
New
Bang* Blase Jaaaary 1
Last
.Interest
BONDS
Shares
.
High
6%
63/s
United Stores Corp xom_
—_50o
Universal Consolidated Oil new cbm__i0
Universal' Insurance-.10
Priiaf
WMk '•/
Friday
37
(2140)
54.46
33.00
64.53
100.61
101.94
89.56
101.60
98.43
176.07
54.39
33.10
64.54
100.73
102.10
89.73
101.71
98.57
176.98
54.93
33.11
64,90
100.75
102.03
89.79
101.68
98.56
38
(214fi>
T"WTr»
oah /rnranoiAL
-0~,
xitivt_a_^tcit a
T.._/^xxTvo»Tiox_ia
Monday, November 22, 194.8
MOTHER STOCK EXCHANGES
RANGE
Baltimore Stock
Week's
Range
Baltimore
5%
Transit
Sale Frice
of Prices
1st
Low
*
Co
preferred
vtc
common
14 %
_L_
Mount
Vernon-Woodberry
New
14'/2
45
13%
Jan
16%
Cities
Jan
3.00
130
2
Mar
5
15'A
101
12
160
1
X217
May
July
2
219
Service
Co
219
Sep
Coleman
Jan
310
(The)
U
8
Marine
Bank..
24
Apr '
5%
Consumers
Domestic
Oct
24
160
53
53
44
51%
Jan
46%
48%
254
44%
Feb
52%
43
50
„_—
Fidelity & Guaranty.!
Western
National
50
Bank
48%
20
pfd
112%
Transit
4s_.
Co
1975
48%
43%
118
42
Jan
45% July
48%
1975
.
48%
52
23%
Jun
Boston Stock
52
$7,500
Oct
Flour
Mills
Drive
Fox
Brewing
54%
43
Jun
68
Jun
77
Corp
of
(Peter)
(The)
of Prices
Low
Amer Agricultural. Chemical——
Sugar
Tel
American
&
_*
Copper1—
Bigelow-Sanford Carpet 6%
Son
&
Boston
&
Stamped
Corp
4%%
43
Safety
Co
Razor
Bros
37%
19%
40 Ye
National
General
Aug
17%
259
i
Kennecott
Mar
36%
127%
Feb
Sep
21%
380
32
Feb
555
:t
13%
30
Feb
5%
250
18
Feb
34
105
46'A
74
Nov
31%
79%
15
Feb
64 %
79
Racing
83
60%
Sep
22
730
19
Aug
26%
55
31%
32
215
54%
56%
43.15
43.15
37%
38%
1,983
33
31%
33%
752
4
445
11
.
•
26%
Feb
Feb
12%
420
3 ye
Jan
4%
394
42%
Feb
60%
13
134
,
40
12%
31%
Nov
63
Feb
71
20
28%
Feb
43%
45
45
•'
25
20
100
2.50
—-50
41% Mar
"
54
8%
100
7%
Sep
13%
16%
220
14%
Nov
21%
8%
4,120
8'A
Nov
81%
79%
82%
730
79
Nov
31c
31c
31c
300
30c
Oct
17%
17%
18
12%'
96
Jan
20
Sep
11% May
51
51
Sep
64 Va
85c
Feb
6%
5%
5%
105
*
14 %
,_*
Association.
Inc
Torrington Co
*
Union
5
Drill..
United Fruit Co_.—_—
•
..25
com
preferred
25
10%
400
28
750
19 V«
5%
ioo
5%
Sep
35%
200
15%
153
11% Mar
50
11'A Feb
17 %
85
10
85
34%
35%
36%
37
53
50%
53%
52
54
38%
38%
38%
320
65
3,888
775
220
13'%: Feb
16%
South
May
34%
85
41
35%. Mar
42
X41 %.
28
Sep
40 '%
43%
307
13%.
172
13 Vk
Nov
15%
24%
412
24
Nov
33%
Feb
49 'A
&
1
common
Castings.—.
Week's
for Week
Co
capital
18'A
5
5
12
100
of Prices
Low
151%
5
17%
4%
Shares
Range Since January 1
High
18'A
5
Low
1,100
600
7%
3%
Feb
High
19'/a
Feb
6 %
Nov
May
12
12 %
250
9%
Feb
12% May
18
700
17y8
Nov
26%
Jun
Mar
158%
Jun
151 % 151%
7%
8
1,400
800
148
7%
Nov
15
May
2% May
1%
1,900
1%
Nov
5
5%
200
4%
Nov
3%
100
3'A
Aug
4%
6%
7
Apr
800
4%
Feb
7%
Oct
common
1
—
Manufacturing Corp
1%
3
1%
Jan
18
10
Oct
14%
15
200
Bgndix Aviation
14%
Nov
.5
32
100
31
Nov
20'/a
36%
Jan
32
9
2,400
7%
1,050
9'/a Mar
5
—....
Berghoff
Brewing Corp..
Mfg Co capital.
Butler
Bros
Central 111
Cent
&
S
Util
Rights w i
Cherry Burrell
14%
__10
capital
—2*%
10
Corp
common
1
footnotes
--
1%
1
&
Pac
page
vtc.
46.
*
14%
10
11%
50
2274
2374
450
10
10'A
500
150
50
1%
200
1074
600
1/64
1/32
12,600
15%
9%
17a
10%
5
common
see
2374
1/64
——
Corp
7%
14
17%
50
50c
common
17%
11%
*
(new*
Chicago Corp common
Chicago Milw St Paul
For
7%
1
common
Secur
W
17%
1
;
Corp—
Bruce Co (EL) com
Jan
11% July
200
6
Feb
12%
Nov
19%
900
8%
Nov
10%
Apr
16
Nov
21'A
Jan
9
51
Jun
52
Nov
Jun
..
.
150
44%
Jan
74%
300
22%
Mar
297a May
9%
"
300
12
.
9'/a Aug
500
25%
Feb
15%
6
400
13
7%
2,900
6
.
13%
34
Nov
25%
22
50
Oct
Apr
15
Feb
30
May
4'A May
300
'
4834
50
Jan
127V
Feb
12%
100
4%
Jan
Jan
9
7% Mar
474 July
Nov
6474 May
12% Nov
,12% Nov
34
34
50
20
29
30
200
26
—*
22
22 %
200
19%
32 '/a Mar
37'A
Mar
35
Feb
Jan
May
24%
Nov
!
/
25
8%
1,300
7%
22
10
class A
Jan
100
13%
10
7% May
250
%/
13%
87'a
20
6%
1,350
13%
13
%
177a
10
May
10
May
Jan
19'% Oct
700
2474 May
12%
50
17%
50
7% Mar
7,400
22
21'A
Nov
A.
100
Jan
1
13%
13<1V
U
0
_i
15%
50
16
93/4
Nov
Apr
13% May
Nov
13%
50
Sep
62
Nov
34
97V Mar
Oct
15'A
2274
Feb
Feb
15
23%:
1.100
15%
6%
2.74
1
7
400
67V
%
new
i
■"".77V Mar
14
May
Jun
2% Mar
1,000
x37%
.450
x67V Oct
cumul
.2
pfd
pr
29%
30
1,300
297ii-Sep
55
400
52% Feb
66%
Jun
1.350
2Q% Nov
37
Jan
44
48
Jan
43
Oct
100
'
21%
22%
J44 '"-45%:;
39 Vo
"37%
727V
!
-"v 72i.;,
.40%
24 %
0
«
-
'
.
-
''
-
277/» Mar»
39%
2,600
10%
73%
%
13
Nov
,
68
"1,800
300
10'A
15
.»
*
'
10%
147i
1874 May '
867a Oct
24%'-No.v
33,%
Jun
18
10%
no%,
■:-•
Mar'
80
85
Jun
900
1 85
107 V
Sep
July
367* Jan
Mar
37% Nov
10% Nov
300;
>
36'A
10
210
24%-:247V
85
10%'""'
capitil'-l————._*
10
r
Jan
,
-..50
15
1
10%
;
250
Feb
Nov
1174
114'}
12'% July
Jan
Jan
16%
Oct
«
1
San
Ry
eomi""
700
67V
Oct
600
12%
Feb
16Ya May
200
30%
Feb
41
25%
Nov
33%
333/a
25%
25%
w
,
•
34
25
—
347V
200
92% Mar
30%
*.
47V May
9 %
Jun
May
323V May
118%
Aug
Feb
3974
Oct
13%
13%
650
13
Nov
13%
13%
1
(The)
2% Mar
200
.100
Products
System Inc
6%
15%
50
new
Co
200
6%
15
—__10
Steel Corp.—
Atchison Topeko & Santa Fe
common
2% "3
6%
...——1
Copper Mining——
&. St
Armco
Gas
Jan
537V
22%
*
Anaconda
Certaln-teed
Jun
9%
1,650
30
(new)—*
Radiator
Steel
53
10%
54»/«
common._^Yra'AA.---2
Pacific
37a
Feb
10
-
Alleghany Corp
American Air Lines, Inc..
Bethlehem
Jan
Aug
'
Canadian
Jun
8%
29
32%
25
—:
Stocks—
32
Nov
32%
25
Bankshafes -common
Mach
Feb
10'A
com
common—u
Indust
14'A July
fcv-V
stock—
Inc
Oct
3474 July
Feb
Mar
24%
400
274;.40%
Jan
Mar
6
100
874'
274
39%
200
A.
25
8%
40
common
Tool
26
11%
.25
American
13%
200
13
Nov
187V Jun
197» May
11
•
11%
117a
900
10%
Feb
1474
Jun
1
-
15 y8
Continental Motors
Curtiss-Wright
Farnsworth
—
...
Television & Radio
7%
7%
7%
500
6%
Feb
10%
Jun
*
8
7%
8
2,000
4%
Jan
5% Mar
123/s July
10Ya July
31% Mar
42% May
11%
14'A July
574 Jan
—1 V
General Electric Co..
.*
38
700
1
3
3%
200
Laclede
4
5%
5'4
1,500
-
Gas
Light
Nash-Kelvinator
New
York
Jun
Pan
RR
:
capital...
Packard Motor Car
Jun
American
Amer
32
Nov
Pullman
15%
25%
Jan
Pure
Co
Pictures
Inc
new
com
Co
Oct
Oil
5
16
16
100
•
133/4
13%
200
12%
4%
4%
600
2%
8%
8%
207V
21%
300
8%
9%
1,700
(The) common
of America common
9%
974
800
9%
Nov.
14% May
Radio
8'A
87/a
200
7%
Feb
13
Radio-Keith-Orpheum
Corp
1
21%
33%
9
*7"
*
1
Feb
1474 Mar
300
Inc
Co
Nov
474 Feb
147V Mar
10
Airways Corp.^-.^..—
Pepsi-Cola
11%
3
Nov
•
Corp
Central
North
July
37%
5
Sep
Apr
2% May
38
General Public Utility Corp..
Graham-Paige Motors
8% Feb
1/64 Nov
Nov
Nov
10%
400
450
2474
v,
-SaUe- St Corp..•„j.—_•
Paramount
1%
43
'
Stores
Columbia
Feb
200
67'a
•
—20
capital—
—10 A
SStetri.common—".•
-Woodall
35 \
15 '
July
Nov
27%,
2
common—
Corp
Jan
11
32
13(4
L'
Oct
30
•
22
22 3A
5
;
}
12%
_•
capital
Apr
27
..1
;
common
Works
27
82
GO
common.—.
•
Sep
113
1,400
11%
40
.common..,
97
11'/a May
94% Jun
250
II
39%
common
(.The)
South
32%
May
Nov
Nov
20
1
11%
%
6%
100
22
Feb
87
7,309
87%
32%
r*
v
V
6%
•
commdn..
Container
200
]%
'
capital
Clothes
Corp
6%
87%
common
Ind
92
%
1
capital
C.o
Lathe
of
92
ic
—
16% Feb
Jan
8
Barlow & Seelig class A conv
Belden Mfg Co common
J)
14%
Jan
1,900
,
Corp...:
Inc
Unlisted
17%
_*
...
common
(E
5
0%
Corp
Brand
Yates-Amer
Sales
Range
;—*
common
common
Wi
Nov
0
Union Carbide.>2£--Carb; capital
United Air Lines"Inc.—..
Jun %
3%
Sons
Jun
7%
55
'
11%
'8%
class B
Prod
Trane Co
Jun
38%
3
&
.
9%
12
common.
Oil
208
Jan
24
4
(George
9'%
Jun
2'% May
8%
11 %
*
common
Texas rCo.;(The)—_
Apr
Asbestos Mfg Co common..
Athey Products Corp capital—
Brach
Nov
34%
10%
:
capital
Sundstrand Mach
Apr
13%
Sale Price
8'A
93 %
54%
v
23%
1
Swift-.&>C.a. capital
58% May
62%
Nov
Automatic
Borg
54%
July
2374 Mar
Sep
10
....
Stockyards capital
Corp
Sunbeam
Jan
48%. Feb
52
24%
Par
Blnks
8
51
5
Dredging
Stone
May
13%
STOCKS—
Avco
1
42
26%
6%
14%
51
common
RR
16% May
Mar
200
16
common.—
Standard
May
Sep
12 %
Corp
Last
Washer
6%
8%
16
common..
>
Feb
Jan
May
4,05C
8
10%
12%
Standard
.
Friday
Co
7%
12 %•
Cummings
Bend
Spiegel
May
Chicago Slock Exchange
&
12%
360
——.,10
Switch
Roebuck
Society
•
Armour
12%
9%
1,100
1
Westlnghouse Electrfc"fcJMfg'com__12%
Tel
1%
10%
11
preferred..
Louis Nat
Wieboldt
&
50
28%
27%
10%
vtc.
Co
Sinclair Oil
Sep
....—•
inc
Electric
Tel
1
28 %
6
Oats
-Wisconsin
American
"l
■
7
Car-common."
Shellmar
iay» July
13
52%
10
Bearing
5%
common
f
5
Feb
57
.
Nov
20%
4%
Signode Steel Strap
7% Mar
15%
1
Co
Nov
85
*
prior
Serrick
May
15%
com..——
preferred—
Machinery
5>/a
22 y8
13 '.V
,
Suburban Elec Securities
Ball
2%
30%
,
56%
.
Schwitzer
Jan
2.50
Allied Laboratories
50%
100
10%
5
Steel
St
Oct
2 %
Aetna
40
2%
f
Co
Electric
Sears
Apr
Oct
————.
Aluminum
2%
5
Bancorp common.
Coal
Jun
Nov
9
'."V*
common
Car
12
17
•
Quaker
May
Feb
Corp
9'A Mar
850
350
•
—
Jan
1
Admiral
200
18%
10%
——*
Peoples Gas Lt & Coke
Rights wi
Jun
8%
3%
Advanced
10%.
Oct
17'A
•
Pressed
Jun
15%.
8%
16 %
Westlnghouse
10'A
_®
Standard
Pennsylvania
Jan
'
8%
16
\
5%
Sep
1,018
Waldorf System
19
18% May
Nov
10%
common
Co
Manufacturing
Penn
Oct
1,000
Rubber
16% May
14'A
Co
American
Peabody
Mar
16
1,363
8
100
700
Oct
36%'
1
System
Tel—...
Oak
Oct
57%
*
Assn—
National
39 % May
Feb
1%
6%
Nov
17%
30%
common
common..
Corp
Northwest
Jun
28
61
61
Chemical
North
42% May
4%
53%
Mfg
Sep
May
49'% Oct
15
20
'
common
13
18
Products.—*___1
Inc
13
387V May
10%
common
Co
Food
Hart
Nachman
59% July
46.35
31% Mar
6%
U
&
r-
49% Mar
38.90
1%
Shoe
Chem
Monroe
Oct
6%
United
&
39
Feb
Nov
14%
_1
...
Montgomery Ward &
Jan
35
36%
——100
Mining
Twist
Lt
8%
20%
common....x
.
200
Jan
774 May
Oct
6574
Feb
28
30%
common
Co
-7%
400
500
42%
19%
Nov
50% Mar
*
com
common
Libby
Printing
1,050
8%
Nov
6%
Jun
17%
10
prior preferred..1—
$1
79% May
19%
25
2nd
&
10
250
Jun
16% May
9% Jan
Nov
100
Tool
>
Univ'
6%
50
6%
110
Feb
Sep
13
150
42%
,—25
Corp capital
Ex-distribution,
j.
Sep
10
$4
Ext
200
10%
1
'
821
3%
1
capital
v
55
: May
40
3
cap.
Middle West
Aug
4
9 %
38
—5
Webster
■'
Modine
Feb
Feb
2%
*
pfd
Electric
Tel ;&
200
100
*
Folding Machine
Rexall Drug Co..
&
Salle
Miller &
Jun
Reece
Stone
new
common.
Products
Mickelberry's
Sep
Qulncy Mining Co.——
Shawmut
Co
Marshall Field
May
66%
—15
5r/r
3
*
Nksh-Kelvinator
Pennsylvania RR
Co
Nov
33
15
1
common
common
Bartlett
Brick
Lindsay
Jun
8 %
66%
i
*
Corp
Mergenthaler Linotype
Butte
common
common.
3'As preferred
51% Aug
*
Chemical
England
La
Mar
66%
32
Nov-
29% May
Feb
2%
8%
•
Brew
x34%
1,700
•
Dk
Corp
10
400
10
*
common
common..
&
Leath & Co common..
Oct
44
3
—1
'
—
Copper
England
(G)
Werner
Lincoln
18%
43
79%
*
Copper
Narragansett
Jan
Aug
July
31
InternatlonaL'HttPvektarihew common.*
Katz Drug Co common..
1
Kellogg Switchboard common.
♦
Oct
28
5%
H)
Dr
Warrants
43 % May
Nov
44
•
Stores.
Maine Central RR
39
23
62
10'A
:
19%
5%
Loew's Boston Theatre.....——25
Mathiesori
(W
Indiana .Steel
Jun
340
15%
Gillette Safety Razor Co
Royale
Jun
10
•
6'A
•
Illinois: Celltral RR common
Jun
21%
21%
61
Assoc.*
Electric.
63%
7
59%
*
Independent- Rheumatic
Jun
135
Feb
115
3,090
525
61
ICo
Capital Corp
General
Feb
Associates—
Fuel
Group
Jun
32
25
2%
10
GO
1
common
common
common
_
Feb
120
995
20
15
100
North
120%
100
1st preferred series A
Eastern Steamship Lines Inc.—
New
30%
Massachusetts Street Ry—
Employers
Co
Lakes
'
*
6%
New
Jun
57 " July
25
19%.
36%
5
65%
3,700
13%
1%
common:
Refrigerator
Illinois
Oct
Jun
52%
36% Mar
120
119
100
Isle
39%
158%
20%
100
____
Common
First
Nov
680
35
17%
Nov
36%
289
,
"
37%
147% Mar
,
KK—
prior preferred
Eastern
120
20
100
&
Gas
427V
33 Va
37%
—*
Service
Eastern
120
100
Prop Trust
Providence RR
<fc
39%
104
99
1
Libby McNeil
Calumet & Hecla—
Cities
120
25
Personal
Boston
91
3,827
19%
100
1
Traveler
prior preferred
Boston
39%
Railway—
Maine
&■
38'/a
__
•
:
Boston Herald
7%
100
RR ...*
Albany
Elevated
Boston
pfd
Inc..
Boston Edison _._7— >
Boston
I50
—
Feb
39
"
2%
10
Hupp Corp
High
39
6%
common
Hein
Low
37%
3974
52%
100
13%
common
Heileman
Range Since January 1
26'A
5
Inc
Auto
Corp
Hibb. Spencer
Shares
1507V 15174
J
1517a
Woolen*
Anaconda
Bird
100
.100
Oct
500
,
27
10
America
Hammond Instrument Co
High
37Ya
Refining...
Tel
15'A
99
Corp
Gillette
for Week
27
25%
:
26
98
Motors
Goldblatt
Sales
Range
27
*
Finance
Gibson
Jan
Exchange
Week's
Last
American
115'A
Nov
'•
1
General
Jan
45
1,000.
*
Friday
American
High
July
12%
44%' 45%'
50
Corp class A
Paper
July
(new).
ireferred
Credit
Eddy
Great
Sale Price
110
300
54%
Co—
Jun
28
Gossard
Par
53%
36
200
12%
44%.
,.—25
Goodyear Tire & Rubber
STOCKS—
Low
112% 113'%
54%
5
:
common
General
5s series A
Range Since January 1
High
1'2.%
10
Inc
Edison
BONDS—
Baltimore
Low
•—
common
Co
Commonwealth
Cumulative
5
conV
Four-Wheel
National
Shares
Jan
138
Apr
Sep
23
40
Mills—
common
for Week
of Prices
Chicago Yellow Cab Co Inc capital
*
Chrvsier
Corp
(new)
2%
High
10
219
Chicago Towel Co
Range Since January 1
Low
100
Maryland & Pa RR—
Sales
Range
Sale Price
Par
Shares
157% 160
._10o
Week's
Last
3.00
20
of America class A
Friday
15'A
100
Finance Co
19
STOCKS—
High
14'/2
*
vtc
Fidelity & Deposit Co_
NOVEMBER
for Week
Par
Corporation
ENDED
Sales
Last
Arundel
WEEK
Exchange
Friday
STOCKS—
FOR
•-
29%
12"
7%
11'A
2974
12
"
7%
7%
200
4'A
8%
Feb
Nov.
18% Mar
85/«
Nov
427V July
x25% Feb
1,000
6
183/a July
16%
Jan
5% May
1174 May
26% Mav
23'%
Jan
45
Jun
Ya
42
May
Feb
8
100
S% May
Jun
21 %
15
Jun
Oct
11% May
•Volume
168- Number
fc
COMMERCIAL
THE
4753
FINANCIAL
OTHER STOCK
Week's
Range
Shares
Friday
/>■';.'■
Republic
Steel
Rexall Drug
Schenley
Corp
Standard
■*
common.
Gil
Inc
Oil
United
&
—
High
Feb
Oct
33%
Nov
-
26%
Sep
Feb
23
69 %
Feb
91
11%
—
7% July
32% July
14%
2,100
;
12%
1
12%
100
1
23%
23
23%
400
1
Corp
11%
11%
11%
400
2%
•
common
'
1,600
2%
*
.
Co
5
V;
17%
__25
Spring
Corp
Wilson
200
-
23
—
16%
17
800
r
51-4
—
._15
Corp common
Sunray
11)
Feb
15% May
Jun
Jun
'
Steel
Studebaker
Co
of N J
Low
29%
5Va
1%
Corp
NOVEMBER
Range Since January I
High
28 Va
28 %
2%
Socony Vacuum
Oil
Low
Par
Inc
Distillers
Standard
V%..•
EXCHANGES
ENDED
for Week
of Prices
11%
700'
12
9%
Feb
■>%
15% May
">•»/„ Mqv
T>b
xll%
Jun
29
16% Mar,-.
Nov
••
17% May
Detroit Stock
Cincinnati Stock Exchange
.
Range
of Prices
Par
Laundrv
Mach
Low
STOCKS—
Shares
Low
High
26%
27 %
265
26%
3 Va
3 %
456
3%
Nov
Burger
Cincinnati
17
23%
26%
*
17
75
17
20
18
247
23
Feb
Allen Electric
American
Jan
23
Prod
&
Elec
8.50
common
Nov
iiyya
Jun
Cincinnati Street
Cine
&
Sub
25
Bell
Cincinnati
Warehouse___v
6%
50
Tel
Tobacco
.76%
Consumer's
'
tpf
"
2,128
5
53
73
Mar
81
Jan
Davidson
12
30
-Nov
30
Nov
Detroit
&
.12
Cincinnati Union Stock Yard—__
Co
''
6%
30
12
26
Jan
Detroit
common
Edison
<
8%
May
10Va
Jan
13
Apr
;
.
Drug common-
*
v
7%
7%
in
2014
20 Va
20%
105
45
46 V
19
41%
42%
248
90
90'
*
20 Va
20 7
___1
Gibson
Art
Hobart
Mfg Co
13 V*
13%
L
•
__
100
7
Apr
Nov
25% May
Little
Miami
L__
gtd
*
_l.__-.__50
Lunkenheimer
Magnavox
19
214
45
Nov
306
16% May
Procter
Rapid
Co
&
U
S
Gamble
ciass
»
B-___
:
Electrotype
Western
Allied
__L
Bank
Unlisted
7%
<■
Playing Card
64%
65
•
i
_
V 7%
11
n
10
;
Feb
48%
10
90
Nov
98
90
«
40%
20Va
Nov
10
Feb
8
4f<0
7'%
190
62 V8
Feb
6%
100
21
32%
483
32%
7%
300
Stores
*
Rolling Mill
Chesapeake
&
Service
Cities
City
Ice
&
Columbia
12
5
50
•v
151%
Ohio
25
7%
400
31%
'
'...
302
25
457a
Gar
Ale
Industries
Jun
A
266,017
%
3%
10%
25%
16
Motors
16
Aug
Graham
Paige
Nov
Hoskins
Manufacturing
9%
25%
37 Va May
Nov
32%
common
158%
Jun
45%
65%
17
26%
Nov
32 %
10%
Feb
14%
Jun
2 %
Feb
3%
Jun
4%
Feb
12 Va
July
Feb
31% May
7%
7%
105
*
26%
27%
125
n%
"
:
•
21
Motor
Kresge
Jun
419
____1
1
*
37%
37%
40
10
59%
62 %
113
39 %
29%
53
31
31%
50
27 Va
Feb
42 %
17%
17%
200
16%
Feb
8%
Nov
25%
Feb
Feb
3%
6%
200
6%
Nov
12
May
Nov
1
% May
Feb
9% May
100
____<•
50
17%
'
33140
75c
29%
Corp
• v.
:
Brands
Masco
Parke
52%
59%
489
5
600
100
4
2%
3
32
42 %
6%
14%
14%
U
*
Steel
S
46 % May
Mar
5%
Jan
Nov
15%
Jun
Nov
8%
Jun
17 %
1%
614
200
14%
Nov
2214
Jun.
310
8%
Feb
15
Jan
100
12%
Feb
19
Jun
1%
17%
150
250
704
33%
Feb
.37%
Jan
300
2%
Sep
3%
Jan
1%
Aug
2Va May
.
8%-
1%
3
3
1%
700
1
1%
1%
1%
1,500
114 July
2
Jan
3%
3%
3%
93
3%
Jan
5
May
2
2%
2%
2%
200
2%
Feb
3Va
Jun
•
25%
25%
Nov
33%
Jan
30
Jun
Stamping
1%
l7/a May
1% Mar
50
common
common,
1%
2514
25%
1,677
2%
26%
2614
100
1
4%
4%
300
37/a
Oct
2
4
4
100
3 %
July
6
1,300
—
Rustproof common
Rickel
___*.
Metal Products
Wi
(H
Raisin
common
common
Paper
Sheilcr
5%
5
Scotten-Dillon
Jun
9%
10
30 %
205
lo
11
11
25% Mar
14
14
300
1
2%
2%
18%
18%
100
11%
100
Feb
15
Jan
22%
42
22
Oct
29
Jun
Union
74%
78
69%
Feb
92%
Jun
U
27%
17
25'/a Mar
35 Va
25
45 %
73 Ha
158
Jan
8%
Nov
Jan
Feb
2%
12
Oct
16%
Oct
3%
9%
Jan
23%
Jun
12
Nov
17% Mar
Jan
54% May
72%
24%
Jan
4
Jun
45%
7%
Udylite
S
Corporation
Investment
Radiator
24%
24%
Feb
67% Mar
87%
33
Nov
6%
100
6%
200
6%
Nov
1
common
Jun
200
6%
6%
1%
.1%
600
1%
Feb
6
Apr
6% July
7% Sep
J.2% May
_
i
-
Oct
24%
40
9%
l
4
1
common
common
Aircraft
9%
6 Va
Feb
8'/a
12
100
5
73 %
73
____12.5o
5%
100
1
Manufacturing
Superior Tool & Die,
26 Va
•
.
_•
Electric
Nov
17%
8%
1
Oil
Davis
Warner
Westinghouse
Jan
Nov
Oct
45%
74
—10
__2_
B.._
Oct
8%
6%
13
135
65%
Sep
37%
<8%
1
f
6%
36
common..
Abrasive
Peninsular
Jun
65%
34%
.
Mar
50Va Mar
11 Vb
25
(Ohio)
Oil
Oct
Jur.
Mar
2%
j 200
14
14
10
oemmon
Feb
4%
5%
1
Products
Screw
McClanahan
5%
4%
1
S)
900
5%
1'
Stamping
National
59%
•
common
1
(S
Mid-West
22 Va
"
(N J)
70c
200
6%
Timken-Detroit Axle
9%
Oil
R
16
41 % May
"
.
Car
!
Co
Lansing
22'/a May
23% Jan
Register
Pepsi-Cola
Timkcn
May
20 Va
2 Va
6
6%
1
com
Kinsel Drug
Jun
35
Electric
Standard
26
Nov
6,358
70c
70c
2%
Motors
King-Seeley
Jan
Feb
Electric
Kaiser-Frazer
Oct
Mar
Nov
2%
Motors
Oil
22% Mar
200
3%
1
57
32%
11%
Stores
Standard
374 July
13% July
1
Corp
Brewing common
River
Radio
A N°v
Apr
100
1
Jan
'
Standard
Nov
32
2%
10 Va Mar
150
/
Nov
3%
10
common
Geril.v-Michigan
35
26%
Pennsylvania RR
Pure
5'%
6%
1
Goebel
76
2%
•
Oil
Jun
21%
3%
37/a
1
common
Wood
Parker
Ohio
674
Nov
10%
•
common
15
Jan
148
312
10 7 a
Gas
Cash
Truck
Motor
General
Jan
'
26 Va
________
National
Mar
23
1
Hudson
27
248
35 Va
'44
45 %
<■
Curtiss-Wright
General
Jun
4
20
100
1074
1
Jan
8
V 7% Nov
,•
65
26 %
150% 1513^
,
lo
;
Fuel
& Southern.—______*
General
10%
210
13,598
Oct
•■
71%
Jan
25»/4
25%
100
Tel
Department
Jun
4%
6
19/64
1
1
1
Friars
Jan
14V2
Nov
31%
10
Commonwealth
Fed
Jan
10 Va
20 Ha
6
1
Corporation
Federal
Aug
'
&
34%
4%
,
Howell
Tel
Nov
20%
20%
20
>
Feb
23
Mar
6 % Mar
•' ;.•••
5
Electromaster
Oct
29
J an
229
56
.7%
714
65 la
11
<
56
8
American
Feb
22
Detroit Steel Corp
July
Stocks—
American
12%
Jan
58
21
'5
Randall
1,105
'
V
:
19
Jun
1% May
17% Jun
1 %
7%
Divco
Kroger
10
common
Jan
Nov
Sep
11%
200
32s'a
•
Nav
Detroit Gray Iron
Detroit-Michigan Stove
8% Mar
19%
1
22
1
Cleveland
274
26 Va
%
14 %
-
High
Feb
100
14%
x
Bros
Rights
Dow
Engle-Picner
2%
200
•
Motors
77%
5%
LOW
2%
12
1%
10
Range Since January 1
1
Power
30
76
25
2%
12
•
com
Shares
High
1
Burroughs Adding Machine
Consolidated
Paper
Apr
26%
'
2%
2
com
common
Continental
Gas
new
Low
'
,
1
common
Metal
Brown-McLaren
4% May
Feb
27 Va
32 %
Nov
23 Va
Par
High
Nov
1
Brewing
Champion Paper & Fibre
Sale Price
I
Range Since January 1
20
Balcrank
for Week
Sales
Sale Price
STOCKS—
Sales
Range
of Prices
Friday
for Week
".V
Exchange
Week's
Last
Week's
Last
Friday
'■■■
American
(2147)
Sales
Last
Sale Price
STOCKS—
WEEK
FOR
RANGE
CHRONICLE
Nov
Los
Angeles Stock Exchange
Week's
Sales
Last
Range
for Week
Bale Price
of Prices
Friday
1
Cleveland Stock
Last
STOCKS—
Exchange
Week's
Friday
Sale Price
American
Tel
& Tel
Mfg
Electric
Apex
^Chesapeake &
100
(Un)
Low
1
10%
10%
35%
35%
*
2714
Low
368
27%
100
255
158%
Blue
Oil
10
common
Consol
16%
Corp
Oil
Corp___
■_____
2
1
Low
8%
Feb
12%
34%
Nov
Broadway Dept Store
Apr
45%
Nov
33
Jan
*
Byron Jackson Co
21V2
Feb
28%
Jun
60c
1,300
52%c
Feb
77%
Jan
15%
16%
3,225
10%
Feb
16%
6%
7
7%
6%
10%
10%
Nov
13%
9%
2,860
Feb
67/a
306
7
7%
8
Nov
15
45
10%
26'
Feb
34 Va
Feb
1,410
a26% a26%
4
___________
Jun
70
55c
-
27
High
7%
4% Sep
645
5'/a
a21% a21%
__
55c
20o
Chica
Range Since January 1
High
Low
5
1
•_
Co
Diamond
Boha
Jun
^
1
Company
Shares
Oct
Aug
Jan
Jan
July
"
•
.
Basin
High
147% Mar
Bros
Barnhart-Morrow
Range Since January 1
High
25
■;
„
Shares
151 % 15114
common J
Ohio.
City Ice & Fuel
Barker
for Week
of Prices
Par
Par
Petroleum
Bandini
Sales
Range'.
•
STOCKS—
40
Jun
■
.
Cleveland
'
$4.50
Cliffs
Iron
CQmmonJ.
16
16%
3,852
12%
Feb
77%
77%
55
73%
Sep
81%
•
•
•Cleveland Electric Ulumin
16%
100
3714
37%
445
34%
Feb
42%
.1
preferred
com
18
:
:
]
Oct
Certain-teed
Chrysler
.Clary
Apr
Colorado
Oct
Fuel
35
13%
53%'
54%,
597
53%
Nov
*
Products
5%
'5%
1,088
5 Va
Nov
•
18 Va
18 1/b
210
2.50
Iron
&
al3%
1
Corp.
Corp
Multiplier Corp
common
54%
a
13%
12% Mar
?
;•
Cleveland Graphite Bronze
Consolidated
Natural
._1
Gas
(Un)
a23 % a 23%
125
23 %
Nov
34%
Apr
.15
(Un)
a38% a39%
V 34
3814
Nov
51
Jan
]
—
Douglas Aircraft Co
Eaton
Manufacturing
61 Va
Electric Controller
Erie Railroad
*
:
-
•
61 %
50
47%
Feb
69%
Oct
85
85
(Un)
85 %
43
78
Feb
92 Va
14 Va
50
37%
37%
275
9%
Feb
16 %
July
i
Dresser
Industries, Inc.
(Un)
common
General Motors common
Glidden Co
r-
■
'
__J
IIIo
(Un)
1.
(Un.}
•
•
—
1
43
May
a59% a62Vs"
170
50% Mar
66
Nov
a20,% a22%
«
x
:
;.
■
common______l
"31% Mar
257
19%
28
May
Nov
Goodyear" Tire & Rubber
♦
(M
A) *4%%
/:
«
cum
/VV
a58%.a58%
common, —J*
Greif Bros Cooperage class A__i
'Hanna
,
11%
12
5
47% Mar
64%
55
a42% a43
--
pfd_—
38% Mar
50 %
!
McKee
G)
(A
•
}*
10
.s
•
___4 '
Brick
;n Y Central RR,(.Un )—.
14%
Feb
103
Brass
class
B_
1°
Packer., Corp
•:5%
12%
*
(Unj__
:
Richman Bros
*
30
120
30
1,729
t
30
4%
'235
25
514
1,070
13%
104
a38% a38 %
Nov
Apr
104
Jan
36
common
Thompson Products Inc
U 8 Steel
common
Van
Iron
Dorn
com.:
(Un)
Works_
all % all 14
-^For footnotes
see
page 46.
10
30
"
154
42 %
2774
647
a47% a48 "4
45
490
-
a73!%
'43
10%
10%
145
.a.7.5%
20
39%
Nov
15
Feb
.24%
15%
Jan
35
.1 4% Mar
12%
33
42
a75
10
L 32
27%
a73
1__
Youngstown Sheet & Tube
y
:
29% Mar
"'"11%
5
'
Standard Oil of Ohio
31%
..,100
36%
a2774 a30
•
'•••
12%
36%
.Radio Corp of America (Un)
Republic Steel
12%
30:
34%
a32 % a33 %
•11%
12%
11%
;i3%
.
•
■.Ohio
34%
-34 Va
class B_—_
fMetropolitan Paving
Ltd
class
Oil
Co
A
Farrisworfeh
Radio
&
Tele
Motors
General
Corp
1
*
Co
&
Oct
21 %
Nov
49
Aug
5
50%
Feb
61
Mar
21%
210
20
Nov
30 Va
12%
1274
240
12 Va
NOV
14%
65c 67 %c
2,800
300
300
301
100
5%
5%
5%
62 Va
62'/a
Feb
60c
Feb
295
1.254
572
5% Mar
51
Mar
24%
24%
100
24
Feb
42%
24%
Goodyear Tire & Rubber Co common—*
Oct
Hancock Oil Co
614
7%
22%
,41
24%
Feb
39%
7
65%
:36%
Feb
Feb
Jun
Nov
Oct
Development
Hudson
Hunt^
Motor
Foods
Inc
common——6.66%
Jade Oil
Petroleum
33VaC
—10c
County
42%
286
39
Mar
100
115
960
90
Nov
Lane-Wells
,59% May
87% Oct
12
89%
10
.Nov
al2
10%
10
4
14'/a
1,700
14c
14%
8%
Jan
5% Aug
Jun
17 Va
Nov
14c
Oct
July
18% Mar
Jun
,1.70 Jun
34c
Feb
8%
8%
655
8 Va
Feb
15
Jan
42%
42%
1.255
41%
Nov
51
Apr
Apr
10c
a26% a27%
1.25
1.20
;
!
.404
1.7%
l7/a
l7/a
2 Va
700
—;i
1.25
1.20
1.30
12,500
1
3%
3
3 %
608
7%
7%
100
j,
—,1
w.
1
Corporation Utd
.1
,1
n—.
10
3
48,450
—
14c
24c
11%
18c
■ut-
11%
205
•2.95
3%
26,095
al8% al8%
7)
Jan
1.10 Mar
2,274
,1
Petroleum
20 Va
60
1.25
17%
17'/a
Corp
^
Nordon
131
8%
1
Merchants
Nov
48%
42%
1
Co
Petroleum Co__—
Lockheed Aircraft
65%
,36% July
22%
97>/2c .Feb
6,700
19c
Jun
Oct
12
4,680
1.20
Jan
11%
Nov
Sep
1.4
165
11%
10%
Jan
1.55
1,300
1,245
all% al2Va
1.10.
19c
150
10
4%
14%
Jan
Mar
1
Co
May
Nov
4
95c
320
Jun
5
i
Corp
Land
10
10c
—
Co
Kaiser-Frazer
.Lincoln
Corp
115
14 Va
—
Independent Exploration Co
Jntercoast
5
?7 ' Jun
Apr
.
5
1
Co
Co
Car
Jun
33%
Feb
Feb
Mar
Sep
Jan
15
Feb
,Feb
Jun
18% July
48
Jan
.67% Mar
Oct
May
*
A com—.
.Hilton Hotels Corp
Kern
Jan
.
July
class
Oct
150
21 Va
comnion_____10
Corp
McBean
Oct
8%
21%
21%
4
1
Farmers & Merchants Nat'l Bank—100
Holly
Steamship _'_L_
Jones,& Laughlin SteeJ (Un)
Kelley Island Lime & Trans2__
Apr
Oct
11%
490
al03Vaal03%
Interlake
liLamson & Sessions
Corp
Gladding
,
Goodrich (B F)
Products
Electrical
Sep
a497/a a4974
*
50c
Inc
5%
495
7%
6%
,22%
-
Oct
-14 Va
.Exeter
General Electric
714
.Consol Engineering Corp
1
Consolidated Liquidating Corp com—•
20 y« May
65 % Jun
i
14%
V
1
1
V&
95c
Jan
"•
30
1.60 July
24%
Jun
'
Jan
July
3% Mar
1.55
July
Jan
5
Jun
6 Va Mar
9
May
24c
Jun
3
11c
Nov
Feb
13% May
3% Nov
15% Mar
'21% Jun
6%
1.95
Fpb
39
40
(2148)
■
THE
•
COMMERCIAL
&
'
CHRONICLE
FINANCIAL
Monday, November 22, 1948
OTHER STOCK EXCHANGES
RANGE
Week's
Friday
Last
Gas
6%
1st
5%%
5%
Elec
&
pfd_
*
Puget Sound Pulp &
Republic
Co
Rheem
Rice
Petroleum
Oil &
Oil
Co
Stores
Seaboard
_
Finance
Security
Oil
50
23%
22
Nov
Mar
3%
Sep
5%
600
5
55
Sep
al9
141
20
Nov
90c
2,700
60c
Nov
87 %c
70c
27%
26%
28
2,596
5'A
5%
325
5%.
15%
17%
245
17
17
1,774
a38% a40%
607
49 Va
165
46
a37% a38%
155
28%
49
—'
—25C
9c
9c
164
170
28c
34c
Nov
1.30 May
49
Jun
7
Mar
2,108
20% May
Apr
20%
Jun
32%
3,400
23
7% May
21%
15%
195
34c
Jun
Jun
Nov
Feb
42%
Mar
Feb
Oct
9c
Feb
122
52 Va May
44-/a
22c
215
Jun
May
Oct
25C
Sep
55c
Mar
15%
.
Railway
Standard
Brands
Standard
Oil
17
Feb
23 Va
42
41%
42
322
35%
Feb
47
a22 % a22%
125
22 %
Sep
28%
Jun
Mar
52 Va
Jun
*
—
25
a40
a39% a40%
365
38
25
a73%
a72% a74%
264
71%
Webster
&
Studebaker
Swift
&
J)
0
Inc
convertible
4.32%
cumulative
com.._25
-25
Feb
32%
Jun
25
25
*
Texas
Company
Texas
Gulf
Tide
Sulphur
Co
Oil Co
Associated
Water
Tri-Continental
Union
Carbide
Union
Pacific
Fox
—
of
Universal
Van
de
United
Railroad
Aircraft
July
24% May
22% Jan
28%
26%
Nov
32%
32%
100
32%
Feb
34%
860
44%
Feb
Air
United
Corporation
U
S
Lines
Rubber
Warner
5
?
Inc
Jan
72%
Feb
62%
1,740
11%
11%
1,342
19%
11%
Inc_5
19%
300
9%
i- 19% Nov
25%
29%
29%
90
72%
36
36
r
10%
5%
"lO
_
III
—!
30
23%
Bros
Pictures
Inc
Co
2%
Nov
Ltd
Co
17
Nov
Sep
13%
Jan
13% July
20% May
21%
2,272
Feb
38% July
Nov
10
90
93
Feb
86%
36%
1,357
35
Nov
44 V2
July
10%
100
10%
Nov
12% Mar
5%
161
5%
Nov
10
May
100
2%
2%
12c
12c.
2%
Nov
1,000
8c
May
200
1.15
70c
Feb
4
% May
!
&
Mfg
Tel
Co___
Corp
4,000
2c
Mar
5c
Jan
4C
NOV
8c
2Ta
2%
133
1'
a6%
a6%
50
48
Fe
Santa
64
Baltimore
Ohio
&
Aviation
Bethlehem
RR
120
41
Nov
46%
Sep
a35
416
32
Feb
40%
Tel
Tel
&
Company
100
:___
27%
Nov
7%
•
280
8
Bankers
Securities
6Vr
Works
,__J
Aug
7%
Nov
a37% a38 Va
80
37%
Sep
7
760
4%
Feb
540
10%
Feb
10
27%
Feb
7
11%
11%
.
11%
a31 Va a31 Va
34%
34%
Service
15
May
117% July
49% July
7%
Oct
Commercial
System
Solvents
Commonwealth
&
80
55
55
220
8%
a8 %
80
1NOV
13%
Curtis
Publishing
Power
A
_.
47
Jan
65
Feb
10
Mar
19
51
Nov
61
1,310
33
Mar
63%
Jun
10%
46 Va
a26»/8
11 %
605
al8% al8%
10
a26% a26%
lo%
14%
Jun
Apr
27%
Jun
25%
198
Feb
24
Sep
28% May
3% Oct
3%
3%
1,166
a22%
a22%
a23
222
9 Va
9
9%
550
8%
Nov
j.
7%
7%
7%
785
6%
Feb
10
3
2% Feb2i.yB Mar
5
a56 Va
__5
26
(The)
»
8
common—^
1
7%
a55 a56%
24%
Jun
50
85
Mar
69
26
530
25%
Nov
33
8
762
7 Va
Feb
13
7%
8
600
4%
Feb
12% July
a20% a20%
10
Feb
26%
26.
l
5
10%
a
20
50
all
9% Feb
•
37%
37%
595
•
38%
38%
345
«>1%
Feb
11%
11%
349
ll%
Nov
58%
58'%
155
51%
3%
Corp..
Utilities
F)
Corp
Co
•
„—_t'
Graham-Paige Motors Corp
1
3%
Great
*
a43%
Ry Co preferred
Greyhound Corporation
Illinois
Central
Int'l Nickel
Co
International
Kennecott
Libby
of
Tel
&
Light
McNeil &
Loew's
Canada—
.
3iy8
a55
a56
130
10 %
&
York
Oil
Packard
Pan
Paramount
42%
7
8%
8%
270
15
15
115
al3%
Corp
10
•
Car
a42%
Airways
Phelps
Dodge
Pure
Radio
Oil
_
_
•
General
Motors
Brothers
Coal
Steel
Paper
Regis
Seaboard
Oil
Co
of
"9
Nov
19%
National
Power
5
!
Del—,
&
Light
for Week
Low
22%
151%
150% 151%
'•
see
page
Apr
13
21%
High
Nov
27%
Apr
147% Mar
585
1,795
1583/4
Jun
12%
13
90
12%
Feb
17
73
'
'
73
50
66%
Nov
74%
*'
9
210
87/a
53%
54%
Jun
8Va
16%
453
59%
62
%
2,511
19%
19%
10%
59%
r.
11%
7%
883
•
10%
lis/, May
65Va
Mar
7
1,463
50%
523A
670
15%
Apr
Feb
Feb
8
279
49%
Jun
13% July
18% May
Jan
15% Mar
Sep
56%
50% Mar
65%
179
17 3A
Feb
25 % May
201
'
—
—
93/a
Oct
13
May
A
Oct
1
May
49%
10
Philco
Corp
Public
Service
$1.40
•
Oct
El
preference
8%
Oct
20 Va
5% Mar
July
17%
18
966
17%
17%
17%
18
4.101
16%
10
39%
39 Va
39%
114
Oct
48 %
•
21%
20%
21%
4,201
20%
Nov
24%
Jun
*
23%
23%
23%
835
21%
Feb
25
Mar
597
28
18
II—3
Gas
&
'A
6%
50
.
Sep
Feb
36%
22 % May
Apr
com
Jan
45% July
«
21%
20%
21%
961
20%
Nov
•
common
div
is
■
6%
1
common-
Reading Co
26%
25%
26%
344
25%
Nov
23% July
28% July
22 V8
23 %
39%
37%
39%
Oil
United
Corp
Gas
16%
Feb
27% July
49%
178
39 % Mar
50% May
67%
70 Va
371
50% Mar
70 V3
2%
2%
1,550
20%
20%
20%
901
21
21%
210
34%
36
23 Va
1.
'
Co
United
389
47%
69%
.50
common
■
Sun
W
'
'
'
1
-13%
Improvement
Westmoreland
Inc
Westmoreland
Coal
10
21
-20
__
—
3% May
23 % Mav
24
20% July
80
Jun
Feb
Nov
2
20 Va
Feb
39% July
Mar
32
Pittsburgh Stock Exchange
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Friday
Allegheny
Natural
Blaw-Knox
Clark
Steel
Ludlum
Arkansas
(D
*
pfd—10
6%
Shares
Range Since January 1
27
90
25
10%
49
10
'A May
14Va
14%
10-5
13
Mar
UVa
5
12
9
Aug
660
9
9
*
Electric
&
High
Feb
10%
Co—
Gas
Low
High.
26%
10%
*
Co
L)
Columbia
Co
Gas
Low
Par
Duquesne
63 Va May
a
—
A.1
Feb
15%
16 V«
295
15 VB Mar
18
270
17%
Nov
13%
683
12%:Mar
8%
9%
15%
'
-
1,525
Nov
331
15%
8%
21%
Jun
Pitt
Brewing..
Joy
33%
11
Jun
Mar
19% May
11'A
12
Jan
12
614
12
IOV4
Feb
14%
Jun
150
10%
11%
Nov
12
Nov
Fuel
Brewing
Pittsburgh
Oil
35%
66
31%
21
21%
235
18%
22 Va
703
11% Mar
2%
2%
250
—5
2%
2%
32%
34 Va
~9%
1
*
*
36
1,000
33%
1,269
24%
200
39%
10
Feb
24%
6,500
Jan
2Vi Aug
Mar
32 Va
24%
24V4
12%
32'A
32%
12.50
12%
12%
lie
34
Steel
Alloys, Steel
Westinghouse Air Brake
10c
10c
Nov
Apr
6
52%
Nov
7%
155
9'A
8'A
Nov
Mar
31%
Aug
237/8 May
24V2
1% Mar
170
1
Vanadium
30
1,010
10
*
Spring
21/2
510
331/2
2%
May
36%
Feb
21%
Sep
27
Nov
21%
35%
Mining
Electric
Westinghouse
Corp
St. Louis Stock
Friday
Jnn
Jan
19c
May
11% Mar
15
Jan
33
10
Apr
38
Aug
Nov
391/2
Jun
NOV
33
Jun
5
Alee
Co
common
American
Inv
common
fe
Tel__
100
Coca-Cola Bottling
Electric
General
Shoe
Nov
40%
Feb
5 3/8 May
8%
515
'8%
Nov
11% May
20%
470
18%
Feb
26 Va
17%
156
16%
Feb
21% May
8%
Nov
22
Brew
—__1
common
(Un)
common
•
(Un)
High
19
19
151
r
Va
13
150Va
25
24%
38
593/8
62%
30
60
406
,.
26
19
Jan
155%
Get
Nov
25
100
High
Nov
225
37%
„
25
247
24 Va
__
Low
19
17
25
—10
Range Since January 1
,
151%
16%
17
151%
Shares
15
Jun
31
May
27
Feb
31% Mar
51
Jan
Sep
Nov
42% May
Nov
Mar
66 Va
16% Jan
Feb
Low
19
1
Motors common
4V«
for Week
_1
Tel
S
General
15 %
Range
of Prices
,
Par
A
General
26%
Sales
Last
Falstaff
760
Exchange
Week's
Sale Price
STOCKS—
18 3/8 Julv
150
! 132%
20
9
a
9%.
1,710
290
41% Mar
a34%
135
36 V,
692
25%
a 35%
30 Va
Nov
Feb
Jun
Jan
57
May
49% May
44
May
982
8
Feb
15
Jan
7%
300
7VB
Nov
11
2%
2%
210
2%
Nov
12
30
564
22%
Feb
9Va
202
9%
Nov
a29
60
a37% a37%
15
a26%
26
45%
Feb
Sep
May
5% May
33%
Oct
13% May'
32% Apr
55%
Jun
1
common
Griesedieck-Western
1
Brew
Huttig S & D common...
May
7%
11%
9 Va
.
34%
10%
Feb
33
Gas—
&
13% May
8%
.
21%
pfd—
$3.50
Pittsburgh Plate Glass
Pittsburgh Screw & Bolt Corp_
Standard
10
10
5
Fireprooflng Corp
Toy
10%
23 Va
22 Va
'_1
—
Sunply
Pittsburgh
San
7% Mar
10%
23%
—
*
10
Co
Gas
Star
Mountain
Nat
com
•
10
Manufacturing
Lone
_1
:
Refractories
Harbison Walker
22% May
4V2
a31%
27%
5
—1.75
Brewing new common—
Apr
48%
29%
12
-J-
__
46.
Range Since January 1
Low
A
22%
24%
24%
31%
Jan
6
63
62
63
240
36
May
68
Aug
39
40
55
33
Mar
42%
Jun
J02
102
5
Preferred
100
Shoe
*
common-
Key common
Laclede-Christy common
Laclede
**e"er
St
Gas
Louis
Scullin
*
common
Public
Steel
5
4
common.
"Blanke
Service
class
common
Sears Roebuck fe Co
Stix-Baer
Yvagner
&
Fuller
Electric,
40
24%
Nov
.Nov
102
14V4 Aug
24
Jan
22%
30
Mar
A
.—50
•
•
common
common—...
5
15
102
3
14%
16
130
,23%
22%
23Va
44
40%
39%
403/8
306
39% Mar
6%
Hyde Park Brewing common
4
Hydraulic Pressed Brick preferred—50
International
25Va
6%
100
6% NOV
__
5'A
5Vs
5%)
18
18
5
__
19%
19%-
y
5%
19%
1,400
__
'
Nov
Jan
8V4 May
47
•
^V/a
6V2 May
1)j
1,
5
18
16
May
.
on,/4
100
-
13
*.__y
7
Aug
125
47%'
45 V2
4% Apr
56
360
jA'%
•
__
NOV
A
?
j
__
ft*
footnotes
Shares
High
21%
...
'
,,For
Jun
Sales
Range
0
Corp
Pennsylvania Power & Light
Pennsylvania RR
Pennsylvania Salt Mfg com
Philadelphia Electric common
$1 dlv preference common
Apr
8%
a51% a54'/s
a34%
50c
!__.I
Schenle.v Distillers Corp
Nov
15
245
al7%
*
Co
11% May
49 Va
Oct
31% Mar
—
•
Corp
Feb
Sep
Week's
10
Navigation
&
6% May
10% Apr
'
1
__
Jun
33
7Va
44%
of Prices
10
Corp
Jun
60%
4%
—11*
Company
Corp of America
Radio-Keith-Orpheum Corp
Republic Pictures Corp
Republic
15%
a31%
25
;
St
16%
Feb
13%
33 Va
Corporation
Inc
Nov
13
8%
—50
_
Nov
Oct
31% Mar
15%
1
_'.
Nov
55
a44
7%
July
26
8%
_
Inc
Nov
105
a8%
a42%
9%
17'A
24%
'
Oct
50
•
Co
33 %
Jun
13%
•
HI—1
Jan
62
18
Inc___
Oct
5%
Apr
•
RR—
Aviation
Pennsylvania Railroad Co
Pullman
430
It Va
American
a56
_5
62%
a55% a56%
—18
_•
July
a31% a32%
._
Corp—
15
Feb
10
395
500
Pictures
Pepsi-Cola Co
53
400
Company
American
2o % Mar
57
Inc
Jun
Nov
32
5%
Central
Motor
:t
10
_!
Oct
40
38
5%
North American Co
Ohio
470
350
24%'
13% Mav
55%
Libby_
Jun
Feb
*
Prod
American
455
42%
Aug
in
4
Robibns
Distillers
31'%
Feb
Nov-
16 %
Jun
July
48
■■
•
Nash-Kelvinator
New
25
15
Montgomery Ward & Co Inc
North
170
a
3 Va
Mar
Jun
%
37% Mar
Tel Corp
Corp—
Magnavox Company
Nat
25
*
Inc
McKesson
100
10% al0%
32
Co
Copper
Gas
3
Co
Paper Co
International
Laclede
RR
3%
a43% a43%
a30 % a30%
Northern
Jun
7%
General
(B
10%
17'A
16% Mar
•
General Electric Co
Public
14
May
24% May
10%
__
Apr
1
Corp
—
Goodrich
49'A May
•
May
70
*
Electric Bond & Share Co_
General
Feb
Il3%
Light
Battery
11% May
8%
*
(Del)
Publishing Co
Curtiss-Wright Corp
Foods
38%
f.4Ve
Juiy
491
44%
41
25
Corp
Y):
(N
Zellerbach Corp
A
313
Co
&
Storage
42% July
13%
•
Company
Co
Curtis
Class
42%
Oct
39 Va Mar
a53% a54 Va
a54y8
10
Corp
Continental Oil Co
42%
42%
•
■
Corp
Vultee Aircraft
Crown
Apr
3% May
—2%
Corp
28% Mar
a41% a41%
*
Southern
Edison
Continental Motors
July
19
Feb
—50
—
Company
Chrysler
Fort
Consol
30
Nov
2V8
37% Jun
39%
2u ',8
a41%
25
Inc
Commonwealth Edisoft
Consolidated
Feb
10%
600
16% July
30% Mar
115
a
31% May
710
a20 % a21%
*
Company
Gas
23 V8
130
2%
Corp—
partic preferred
Budd
Oct
69
34 Va
a21%
5
(The)
Canadian Pacific Ry Co-!
Caterpillar Tractor Co
Cities
75
10%
2%
13
STOCKS—
Columbia
a25
10%
__
-
Jan
15
(The)
'
91
5
—
•
58
al00%al02%
5
Borg-Warner Corp
Budd Company
a24%
„,
100
Locomotive
Jun
371
a33%
a34%
3
Corp
Boeing Airplane Co
Borden
Co
65
May
157% May
65%
a
25
Corp
Steel
Mar
39% a40 Va
65%
40'/a
Ry__100
(Del)
Mar
148 V# Mar
1,361
10
16y8 May
100
5
&
41% May
Oct
a25% a26Vs
a
.10
_
Nov
6%
4% May
12% Mar
33
a52% a52%
,151 Vi 151 %
Nov
29%
.
75
457
15% .15%
65%
2%
200
3
a28% a29%
15%
14
*
Refining Co
Mfg Corporation
Bendix
—
Oct
Aug
Apr
100
_
Atlantic
Avco
92%
»
Baldwin
Gimbel
4,000
a28%
(111).
.
Nov
'
American
Lehigh
4c
Co
Corp
Co
83
Par
Jan
2%c
.1
Topeka
205
Sale Price
American Stores
Apr
4c
1
Copper Mining Co
Atchison
85
Last
1.80
2%c
-.1
Armour
83
Friday
17c
10c
Airlines
Steel
43
Philadelphia Stock Exchange
Oct
.
25c
Co—___
American Woolen Co
Armco
Nov
.
10
20% May
67% Mar
1.10
American Radiator & Stand San Corp.*
American Smelt & Refg Co
•
Anaconda
37 Va
Oct
Stocks—
&
691
5
W)
(F
Jun
1,236
'
1
Corp
Tel
39 Va
Western
Electric
Viscose
Apr
37%
10
Co
Pennroad
American
Oct
25%
Feb
Sep
10%
50
73%
Bakers
Inc
Mining
American
9%
Nov
Jan
11%
2,686
90
72%
•
Co
Imperial Development
American
Nov
Jan
17
75
al0% al0%
'
—.
725.
„
10%
10%
6'
Oil
12
11%
—
Cons Chollar C & S Mng Co
Allis-Chalmers
6%
187/a
1
15% May
52
61
—
Unlisted
842
1,170
_10
(Del)
62% July
55
51%
'
—
Alaska Juneau Gold Mng Co,
10
Calumet Gold Mines Co
—10c
Alleghany
7%
19%
29% July
10%
Corp
Jun
7
1,174
al5%,al5%
Air
July
18%
Woolworth
26%
18
11% Mar
84%
50
Co_
Corp
United
Delaware
Gold
32
30% July
Mining Stocks—
Zenda
68% July
Feb
28
1,296
11%
common—._25
—
Steel
Air Lines
Feb
19%
May
1,050
—2
Western
&
Kamp's (H D)
Western
49%
Mar
23%
—
California
Consol
Jun
55
665
26
26%
-25
Corporation
States
66%
25
27%
50c
Prefered class A
United
Feb
1,020
23%
—
—1
Textron, Inc common
$1.25 conv cum ;
of
53 Va
—
STOCKS—
Oil
Jan
565
1,654
•
Calif
Sunray Oil Corp common
4%% class B preferred
Union
Jun
36%
28
26%
w—<
California Gas 6 pfd cl A_ 125
•
boutnern
Pacific
Company
Transcontinental
29 Va
26%
27
*'
Southern
Transamerica
Feb
30% Mar
—
•
Co
17
150
__
*
Carbon
&
20
205
a
a61% aKl%
23%
23%
—
*
Corp
Twentieth-Century
53%
10
15%
85 Va July
Feb
15%
a
—
Union Telegraph Co—__ >'
17%
Westinghouse Electric Corp —_____12%-v "
*■"24%
Willys-Overland Motors Inc
1
A_
a7%
23%
_25
preferred
pref
Jun
May
a22% a 23%
a29% a29 %
53% 54'%
—
a23Va
__1
Corp
Company
26 %
Ltd
Co
15
(N
Co
High
16%
*
27%
*
___'
Low
17
1,579
(Ind)
Co
Oil
Range Since January 1
High
15
Co_
Co
Inc
Standard
Low
Shares
Nov
2,100
22%
1
9c
170
•
Jan
17%
39%
6%
4% Feb
17%
a
32
Oil
Socony-Vacuum
Southern
Par
Sales
for Week
July
28% Aug
Nov
18%
30
4.43%
Co
47% Mar
100
5%
a
—.
—
15
A
July
,
Stone
1
Corp_
Oil
897
22
985
cumulative
Standard
50%
3,096
<■
NOV
22
6%
__
Corp
conv
27%
23%
Co
4.88%
4.56%
32
•
5
Calif Edison
Southern
28% Mar
26%
23
1
Signal Petroleum Co of Cal
Sinclair
161
5%
*
Company
Signal Oil
1
1
Corp
& Gas Co class
Jan
725
23
_
Trading
Sierra
35%
29%
22
1
_
Mai-
33
Jan
■
;•
Friday
Week's
•
Last
.Range
Sale Price
of Prices
STOCKS—
High
36
26 Va
5%
__
Scars Roebuck & Co_
30% Mar
26%
1
Inc
Shell Union Oil
300
2.50
Richfield
Oil Corp
common
Ryan Aeronautical Company
Safeway
33%
.1
common.
Gas Co
Manufacturing Co
Ranch
33%
.
Inc
Drug
33%
*
Timber Co
Rexall
1,680
25
-
Pacific Lighting Corp common"
Reserve
Low
31%
29%
—
19
Range Since January 1
High
31%
!
1st
NOVEMBER
,i■■
Shares
31%
—25
preferred
1st preferred
redeemable
Low
25
common—
ENDED
Sales
of Prices
Par
Pacific
WEEK
Range
Bale Price
STOCKS—
FOR
Feb
21%
/-
-s.
Feb
Oct
•'
17 V2 May
I
Volume-168-Number 4753
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
"
NOVEMBER
19
_7_
,
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
Friday
STOCKS—
PACIFIC COAST SECURITIES
*
Johns-Manville
Corp
Kaiser-Frazer
Dean Witter
•„
New York Stock
&
Go.
.
Marchant
HONOLULU
-
-
Meier
San Francisco Stock
Exchange
Friday
STOCKS—
Week's
Range
M
for Week
Sale Price
American
(Un)
Airlines
American
&
American
par
-
of Prices
Factors
Foreign
Low
*
Inc
(Un)__
Power
Ltd
42
43
717
Radiator
a21
"
2
20
19%
Shares
Range Since January I
Low
J
&
M
&
M
14%.
Anaconda
Anglo
Co
Arkansas
Nat
120
21%
90
Sep
—
6%
Oct
2
100
1 %
20
300
19%
1
Gas
10
cl
Nov
May
a
a
& Santa
Top
Fe
Baldwin
Locomotive
Bank of California N
Barnsdall
Oil
Co
40
National
51%
16% May
Cons
Auto
39%
-
May
10%
10%
10%
580
10%
Nov
19>A
Jun
13 V*
33 V*
13%
850
13
Oct
17%
Jan
25%
25 %
25 Va
220
25
May
26%
Jan
1.90
1.90
2.10
825
22C
23c
1,300
18c
19c
20c
4,500
19c
*
_
1
(Un)
_
-
—
.
—
10c
__
•
(Un):—
—
dorp
•
16
10%
10%
17%
5
1
Prod
'
v.
,
.
•
(Un)
North
North
American
Mar
57% Aug
Feb
32%
23
7%
Calamba
420
7%
5
Pac
Oahu
t292
"
■
299
Oil
Occidental
15%
15%
33%
33%
33%
34%
Ohio
Oil
Co
Feb
7%
Nov
Pacific
Coast
Finance
17%
Jun
Pac
Feb
Mar
360
Oliver
Sep
May
11%
Jan
100
15
34%
13%
366
1,600
12,439
(Un)
Gas
1st
5%%
•11%
9%
300
8%
Jan
18 V* July
13% May
15
Feb
17
67
30
JUn
4%
Jun
24 Va
34
Nov
7
100
7
4,675
36 %
935
28
Nov
Feb
52
" Feb
Feb
8%
Jun
3%
Apr
7
Nov
13%
13%
1,035
10
235
40
40
a54 Ve
a31%
1.50
40
a52% a54%
10 Ve
274
a31 a31%
1.50
35
54
Nov
May
19% May
preferred.
Pacific
395
•35
..
rl-
100
a8%
•
1st
Service
preferred
Pacific
Tel
Packard
45
8%
Gas Co
Motor
Consolidated
Vultee
Continental Motors
Creameries
of
11% July
a32% a33%
53%
54 '/a
a43%
a46
23%
23%
194
28
Sep
18
18%
315
13Ve Mar
22%
Oct
18% al9Va
25
17% Apr
10 Ve Feb
20% July
23%
a
18%
*
a
11%
—
•
26'A
25%
'•
,
35%
32%
1,128
,
Oct
37
(Un)
*
15
Aircraft.;
v
a22%
65 %
Jun
62% July
20 % Mar
3%
100
2%
25%
Sep
115
14% July
Feb
301
42
3%
38
38% Mar
a22% a22%
140
21
48
Mar
a38 Va a39%
__
92
45
Sep
1
'"
■
8
_1
Zellerbach Corp common
Curtis Publishing Co (Un)__
Curtiss-Wright Corp (Un)
7%
Pan
American
Co
(Un)
com
Airways
Paramount Pictures
Di
;
Class
B
9%
5
26
Oct
May
July
25
Jun
49%
7%
8
470
8
Nov
16% Mar
100
7%
Jan
10 Va
9%
500
2,089
27
9%
25 Ve
Sep
13
Jun
Jan
Nov
34%
100
7%
Feb
13
7%
8
2,010
4%
Feb
77c
77c
1,000
12 Va
—
Chemical
Dumbarton
Eastman
El
A common_5
Co
Kodak
Dorado
Oil
Emporium
Co
12%
170
77/a-
:
10
Co
of
N
J
(Un)
Co
Kleiser
&
General Electric
General
General
Cum
Golden
4%
(Un)
Corp
preferred
Oil
Co
Rayonier
(Un)
Co Ltd
(B F)
Goodyear
Tire
Graham-Paige
Great
North
Greyhound
Hawaiian
Holly
—
__ ■
37%
Ry
(Un)_
61%
non-cum
pfd
(Un)_*
Jun
12% July
12%
Hudson
—,
Motor
Oil
S
Stores
Mauricio
San
Shasta
Idaho
Power
a44 %
of
International Tel & Tel
IXL
Co
Inc
Co
Shell
Union
Signal
Oil
(Un)
Mar
35%
30 3
30%
438
25%
26%
3,115
50
50%
853
53
56
996
141
141%
189
26%
54
—
page 46.
a
a
16C
16
25%
Jun
Jan
Apr
32
29Ve Mar
July
27%
Nov
24%
Sep
94
20%
Oct
61
Jan
Jan
141'A
Feb
12%
33
,55 Va July
Mar
115
858
»94
47
188
23 Va
24%
17%
Oct
26
Jun
22% Mar
104%
Feb
90
Nov
Jun
4%
400
4%
Feb
5% May
8%
235
8%
Nov
11% May
a20% a21%
140
18 %
Feb
26 V* May
269
17
4%
8%
17%
May
Feb
22
8%
17%
Nov
5>2
55 V*
260
Feb
75%
Jan
Jun
10
30
10
Aug
15 Va
Feb
22 %
2,310
21%
Nov
29%
Aug
a35 Va
a36
60
42'A
Oct
49 % May
a29% a30%
70
26'A
Feb
42'A May
11%
11%
315
8
Feb
15
Jun
9%
9%
100
6% July
11
Nov
100
50%
50%
290
28 V*
28%
150
-
__
*
*
9%
„
10
P Iff
22%
Feb
Oct
55
May
Jun
35
34%
32 Va
32 %
255
31%
Feb
30'A
537
22%
Feb
33 Va
18%
19
572
18%
Nov
24
Jun
Oct
May
27%
426
15%
22'A
22%
600
15'A
Feb
26%
Oct
26
26%
430
26
Nov
34%
May'
5
5 Vb
500
Jan
7%
26%
__
.
:
13%
13%'
13%
5
—...
34
29%
—
1
r
58%
«
10
22%
4'A
9c
8c
Jan
13 Va
35,100
39%
381
8%
8%
70
48%
Aug
21
8c
Nov
32%
Feb
-
21c
42
„
Oct
8
Jun
Apr
18% May
Oct
17'/a
635
al7'/a!al7%
8c
39%
Oil..
—15
.15%
May
;
Jun
Oct
Jan
12
Mar
Southern
4.56%
Southern
Oct
Sperry
1,800
1
Sep
15% Oct
16
Jun
42%
Mar
Jun
Brands
Standard
Oil
Standard
Oil
<fc_Co
Feb
7% May
31% Mar
42%
35
Feb
40 %
Jun
51
Mar
65%
Nov
Oct
Nov
23
Jun
12
Nov
20 %
Jun
100
61
Nov
72%
53
55
Apr
48%
Oct
Apr
39% Mar
Union
Carbide
Union
Oil
Union
3"
10 Va
Nov
Mar
Feb
977
4
775
6
103
16%
Feb
1.60 Jan
5
5%
Co
&
of
May
13% May
22
Apr
Nov
.5% Aug
10% May
65
170
52%
Feb
78
14%
495
14%
Nov
22%
1.60
2.25
a32 %
33 %c
10%
a32Va a32%
20,792
75
1.60
Nov
May
2.85
Jun
Jun
*
30
25
Mar
32
10
120
11
Nov
16%
Jun
46c
100
46c
Nov
92o
Jun
a9%
"—
1,660
31% May
8% Oct
35
11%
a30% a31%
10%
a9%
>
46c
a
a23 Ve a23%
120
25
a26% a26%
70
26%
26%
—
_l.__.25
a
25 VB Mar
30%
Jun
Nov
28%
28Va
Jan
110
24% May
26 %" May
28
Jun
29% July
23
27
27%
550
26%
Nov
32'A
50
32%
Nov
52 Ve
51'A
52'A
1,200
1
25%
25%
234
34%
Jan
Sep
44
Feb
62% July
22
Feb
30%
Jun
a22 % a22%
r_*
•
J
15
22%
Sep
29
Jun
63%
4,003
54%
Jan
73
Jun
25
(Un)
Feb
90%
63%
73%
60%
69%
Jun
73%
420
23%
_
23%
450
16%
Feb
28% May
29%
a 29%
12
31 lA
Sep
36 V*
73%
1
a
Jan
West
Carbon
Air
United
S
Steel
Victor
(Un)
Inc.
Consolidated
Sugar
Bros
Preferred
Western
17'A
Jan
10%
150
10%
Nov
21'A Mar
42% July
38% July
a37% a39%
315
38
Sep
30
30
1,110
21%
Feb
14
200
13%
Nov
—
20
24%
3
23'A
Feb
30 Va May
10%
Nov
19
a
24%
a
10%
10%
552
2%
2%
2,300
2 Va Mar
•
73 Va
73%
404
68V2 Mar
87'/a
Oct
36
36
266
36
Nov
45 Va
July
2.50
100
NOV
3%
Jan
325
10
10Va
5
10%
10
10%
1,270
1
80c
69c
80c
3,110
(Un)
6%
5%
2.50
7%
9%
31c
Feb
113/4
Nov
14
Mar
4%
Feb
10
20
19%
Feb
24% May
Mar
.22% May
17
120
16
a65% a65%
25
a._
al7 al7Va
56
24%
729
Stores
Jun
2,538
preferred— —100
17
50c
Union
RR
Jun
May
6 '/a
Telegraph
(Un)
—*
Elec Corp (Un)—,12%
Pacific
1.80
a23 % a23 %
———1
Department
Western
Apr
.3% May
2.50
1
(Un)
Sugar
Jan
5
1
Pictures
Westinghouse
Jun
13%
10
'
(Un)
(Un)—
Indies
Jun
32%
Nov
1
Oil
Co
66 %
Feb
10%
10
:
(Un)——
Equipment Co
Warner
West
5
Feb
19%
6,640
13%
a39%
25
Corp common
Universal
•
52%
1,778
10%
10'A
5
12%
_—
Corp of Del
U
(Un)
com
Corp
Lines
Air.—
667
23%
10'A
10%
54%!
22%
10
2
:
Aircraft
54 %
25
com
Calif
United
Jan
48
14%
—
May
a27%
32 'A
Westates Petroleum com
17%
(Un)_*>
&
Sugar
Utah-Idaho
'
40
34
Corp
Transcontinental
Jan
50
190
Nov
25
United
6,413
364
25%
397
Texas
Jan
22
885
1,860
28
26
a27%
27
N
Transamerica
Nov
.
26%
(Un)—
Company (Un)
Tide Water Ass'd Oil
Jan
14
-
25%
(Un)__*
com
(Un)
Jun
16%
3%
Jun
ft Jan
145
a42% a44 Va
23
(Un)
Jun
34% Mar
356
Feb
32%
of
Co
Studebaker Corp
46%
3
1,525
44
4,312
14%
Calif
11%
100
10%
Inc
21 %
920
3
17%
25
of
Co
Jun
16 Va
42%
17 Va
•
Nov
1,465
62'/a
17 Va
:
%
5
Jun
pfd (Un)_25
1
5 Va Mar
110
37%
32'A
Pacific Co
Corp
14 %
60
Oct
Feb
6%
Southern Calif Gas Co
100
2,472
Jun
Feb
15
—,
4,500
16
16.:
5%
46%
220
122
1,074
44
Nov
9% Feb
30
30Vb Mar
70
23
preference
conv
Oct
5%
Mar
425
170
22%
15
preferred
preferred
50
13%
39
:
164
23
A__
5
Calif Edison Co
4.88%
Feb
39
39
39
170
•:
class
Co
_*/
—:——25
Gas
&
Soundview Pulp Co
Feb
17
P2
see
6% May
33
(Un):—
Sep
13
2.25
J"
Sep
2,958
1,738
26 V*
Corp (Un),
Socony-Vacuum Oil
(Un)
4%
3%
(Un)__l
Canada
4%
5%
5
33%
"(Un)"—-*
Oil
Western
■
Mining Co
For footnotes
Mar
15%
10%
20
Nickel
Nov
21%
—*
preferred
65
Independent Exploration
International
12
'
Co
Jun
15
33 %
—
Mining
Water
34%
6
Corp
41%
Feb
33%
•
& W Fine Foods Inc—
Safeway
Apr
17
Co
Feb
10%
36%
_i
Ryan Aeronautical
Jan
4
Mines
27 Va
1,225
21%
a21%
1
]
Corp
4.48%
62
3
Car
585
14%
22
(Un>
Bros
Conv
12
__
Corp
Maryland
32'A
Apr
15 % Mar
—25
Feb
1.00
a59% a59%
44
Pineapple Co Ltd.
Idaho
68c
58%
common—
20
May
61
a59%
Development
Oil
50c
16%
—
Holly Oil Co (Un)
Honolulu
Nov
July
14%
■
___1
Corp
Nov
1
I
•,
Inc
Richfield
19
35
37%
a37% a38%
15
100
Motors
33c
30% Mar
*
Riverside Cement Co class A
Roos
31%
1,755
a32% a32'/a
6%
6%
59%
•
common
%
5%
37%
•
Co common (Un) ____«■
& Rubber (Un)
•
2.45
100
58'A
:
Preferred
25 Va Mar
93
14%
15%
*
preferred
Goodrich
Nov
4,805
33c
25
50
*
Republic Steel Corp
110
all all'A
35%
%
10
*
Jan
3.50
3%
33%
Rheem Manufacturing Co.....
350
5%
a40 a44%
5%
*
common
1,598
13%
■■
2%
Corp
Paint
State
1
17%
7,616
J
'Un)
Corp of America (Un)
Railway Equip & Realty common
Swift
__10
(Un)
Corp
Food
Co
General Motors
Va
14%
1
common
27
Sep
18%
8%
Radio
Standard
a44
1
Radio
100
28%
5%
35%
20
&
12 Va
27
a46% a47%
all'A
Machinery & Chemical
Foster
__
5%
*
Eureka Corp Ltd
Food
■
(Un)__—5
Ewa Plantation Co
Tele
10
*
new
Capwell Co
Farnsworth
.
15
Share
12 Va
—
•
(Un)__
Works
&
(Un)_
common
Bridge
Electric Bond
__
5
Dominguez Oil Fields
Dow
2
cl
Feb
9%
Apr
7%
-
25%
7%
1
common
17'A
31%
•
Phillips Petroleum Co cap.
——___*
Pig'n Whistle conv prior pfd
7%
Puget Sound Pulp & Timber...
•
4.32%
Abbey Co
Giorgio Fruit Corp
Jun
125
350
a
31%
•
(Un)
Pennsylvania RR Co
Pepsi' Ccla Co (Un)
Sinclair
____*
Cypress
July
'
1
Inc
Crown
69
/
Sep
Nov
Feb
53%
24
26'A
42
—
120
410
■
11%
3
25
A——*
(Un)
Amer
Aug
Feb
18%
..
.—100
com
(Un)
Sep
Jan
a33%
•
(Un)____
85
32%
10%
17%
al8%
Sears, Roebuck & Co
Consolidated
Jun
Mar
120
31%;
*
—_*
Pure
Jun
1.95
Nov
common. J.
'
Tel
&
(Un)
844 Ve
10
(Un)
a8%
25
—100
Pullman Inc
44%
Nov
pfd
(Un)
Public
38
Sep
Apr
5
-
25
common
•
Portland Cement com (Un)__10
45% May
68% May
Nov
68c
'Sep
15
; 30% Nov
3,412
35
40% Jun
Mar
50%
200
1.15
2.50
Y
v
13%
14%
5
25
25
Preferred
—
of N
10
A 10
.
31%
*
preferred
1st
Jun
May
7
12
20
Consolidated Edison Co
55
•3
(Un) _________10
Pacific
Oct
43%
100
•
class
'
76%
•'
Jan
10 Ve
a
...
1
common..^
1st
Sep
53
common
Ind
i
al5%-al5%
15%
Corp
Pac—
Commonwealth & Southern
Corp
lighting
16 Ve Mar
10 Ve
25
Commonwealth Edison
22% May
Nov
Feb
8%
.20,
Aggregates
Electric
&
redeemable
25
430
53
3%
Chem
40%
10
26%
7
1
Preferred
Nov
17%
33c
5%
Feb
5%
y,
•
Clorox Chemical Co
a
(Un)—i_100
Pacific
39 %
Feb
34%
6
25
!
728
.
9 Va
—
:•
'
26
•
(Un)
Jun
Jun
13% July
12%
55
(Un)
19% Mar
Oct
3
10 %
voting trust ctfs_
Gas System
Jun
20
21%
Feb
8%
i5o
65
Oct
38
% Mar
6 Va
20
Preferred
Colorado Fuel & Iron
30
90
Ry
Jun
16%
26%' Feb
1%
voting trust ctfs
Chrysler Corp
Cities Service Co (Un)
v
Feb
330
10
Cons
United Filters class B
6%
July
42
11
1
&
r;
14%
15% Mar
950
76 %
(Un)
4%
38
3.00
(Un)--*
(Un)
Paul
48 Vb Mar
320
160
f
9%
pfd_100
:
2
12% Mar
180
a21% a21%
(Un)
(Un >__10
5% %
Co
Mav
230
10
Tractor Co_
Celanese Corp of America
Eureka Mining Co
St
May
May
•
al2% al2%
*
Chesapeake & Ohio Ry
Jun
51c
Nov
13%
Petroleum"
9
50
....
a40% a40%
(Un)
Oil
Pacific
24
20
a36% a36%
2.85
.__
Ale
1
(Un)
common
Invest
Sugar Co Ltd
Oceanic
16% July
2.95
Caterpillar
Consolidated
Sep
Northern
Sep
10%
___2%
Corp pfd
Co
American
Feb
175
12 »/8
10%
Co
Trad
39c
Mar
9 Va
,
5%
100
292
.
'
5
Central
Columbia
"T
940
*
Ginger
Milk
.
7
6%
12%
__i
& Co common
Common
119%
•
al2% al2%
IL
•
Pacific Ry
(J I)
V
440
50
Dry
Canadian
Feb
20
May
'
5%
15
Cement
17%
17%
^
Pacific
5%
33'/he
Preferred
Canada
89%
76
al9% a20%
"
•
*
_20c
(Un)
75
Jan
15
7% Nov
150
al00%al01%
2
Sugar
California
al00%:
100
<Un)_
3 Vb Mar
Jan
1.15
40 % May
Nov
13
(Un)
Aviation
American
Jun
27%
___.100
Sullivan
16%- July
31
Mar
13%
•
__
Jun
Preferred
&
Feb
9%
24
118
a57
17 %
16
a
55%
17 'A
a56:
1
—10
(Un)
(Un)
American
Mas
31
Byron Jackson Co
Calaveras
North
70
37
3
A
RR
67
313
100
(Un)
Hill
36% July
32% Mar
24
(Un)_
Lode
Distillers
Central
155
Feb
938
(Un)
Holdings Corp
50
33%
Jun
May
'
Y
Jan
50%
41
Bishop Oil Co
Borden Co
20
199
Fibres
148 % Mar
33%
(Un)
Corp
24%
Nov
1,257
—1
:
Co
Mother
National
North
5
Appliances
Bethlehem Steel
Chicago
1,506
2.50
;
Home
Case
130
150% 150%
a65 % a65%
12% Mar
275'a
(Un)
Aviation
Bendix
Bunker
435
a65%
(Un)__#
(Un)
Oil
Bendix
Blair
15%
39%
(Un).
Baltimore & Ohio RR
Basin
15%
a53% a54%
33%
.
Avco
15 V*
•
Corp
(Un)
Imperial Diesel Engine
Mfg Corp (Un)
Atlas
Nov
Feb
15
14%
24%
Jan
50
A
36
14
170
Mar
4
27
Sep
20
Bank
Corp
32
15
215
10
Co
Montgomery Ward & Co
N
a53%
14
(Un)__
National
Feb
Apr
1
Nash-Kelvinator
26% May
i,
i'-
Atchison
Atlas
(Un)_
Copper Mining (Un)
California
51
24%
5
—
Morrison-Kndusen Co"
High
;
&
American Woolen
NOV
41%
59% July
'
(Un)
(Un)__
Viscose Corp
Jan
Feb
15%
a
a33Ve
a
Machine
Mfg Co
Mindanao
High
a20% a21%
a6%
a6%
1
Stan San (Un)
•
American Smelting & Refining (Un)—*
American Tel <te Tel Co (Un>
100
American
Jun
15
18
14%
al3%
common
Calculating
Frank Co Inc
&
a
—
Amer
Feb
43
'
High
42%
Sep
8%
33%
18
18
—
Navigation
Menasco
'
.'
410
34
Sales
Last
Co
57
42%
•
(Glenn L)
Matson
Reduction
655
57
—1
(Un)
Macy ft Co. (R H)
Mqgnavox Co-
Teletype NY 1-579
LOS ANGELES
-
Aircraft Corp
Inc
Martin
Air
8%
33%
Loew's
STREET, NEW YORK 5, N. Y.
Telephone BArclay 7-4300
SAN FRANCISCO
Low
50
8%
8%
•
(Un)__„
Range Since January 1
High
a38% a38%
_1
County Land Company.—— —-5
Lockheed
_
WALL
(Un)
San Francisco Stock Exchange
Exchange
Los Angeles Stook Exchange
and other principal Security and Commodity
Exchanges
14
*
Corp
Kennecott Copper Corp
Kern
LOW
Par
MEMBERS
.
Exchange
Honolulu Stock
+
" (2149)
EXCHANGES
WEEK ENDED
FOR
" "
CHRONICLE
24%
18%
24 %
a—
Oct
Nov
Jun
...
24% May
33Va
Jun
Jun
Jun
July
Willys-Overland Motors
Woolwort.h
(F
Yellow Cab Co
Preferred
W)
(Un)—
(Un)
common
—...—
42%
42%
1
7%
25
23%
8
Nov
11% May
Nov
49
Jun
11
Jan
27%
Feb
8
-
150
43%
8
1
10
300
7%
250
7
Oct
23%
150
23
Nov
42%
41
42
(2150)'
THE
COMMERCIAL
CANADIAN
RANGE
FINANCIAL
LISTED
WEEK
ENDED
CHRONICLE
Monday, November 22, 1948
MARKETS
NOVEMBER
19
V.V.
Friday ;
Exchange
Week's
Sales
Last
,
Montreal Stock
Canadian
FOR
&
Range
for Week
Sale Price
of Prices
•
STOCKS—
Par
Week's
Last
Range
Sale Price
Abltlbl Power &
Paper
Low
•
common
$1.50 preferred
15%
20
$2.50 preferred
Acadia-Atlantic Sugar
—20
100
—
pfd
5%
15%
20
Agnew-Surpass Shoe
Montreal
Shares
Range Since January 1
High
Low
157/8
38%
38%
38%
100
102
100%
102
200
__
9%
9%
51
50%
52
1,060
57%
57%
58%
625
;*
17% Mar
36% Mar
39
102
33% Mar
56%
4% pfd—
Amalgamated Electric Corp —!
Anglo Canadian Tel Co 4%% pfd
Argus
Corp
4 % %
Ltd
25
25%
25%
185
8%
8%
75
45
45
20
6%
6%
750
71
71
50
—
•
common
preferred
Asbestos
25%
*
50
6%
100
Corp
__
•
27
24
44
25%
13
Sep
49
7%
5% Mar
Oct
65
1%
Feb
80
Bell
class
A
*
Telephone
Brazilian
Light
27
558
24% Mar
567
17% Mar
22%
43%
3,369
44
Oct
British
Amer Bank
British
American
43%
19
19
Co___
Note
Oil
43%
*
British
Forest
Products
2,236
50
Oct
19
1,651
20%
Feb
25
24
Jan
4'/2 May
27
2,060
3%
3%
6,770
British
Columbia
Class
Power
B
Corp
___!.
A__*
cl
Building Products
5%
277
35 %
35%
35%
24%
13
156
5%
__
*
220
3
17%
415
__
__*
26%
3
17
...
__
♦
_
26%
__
*
—
class A
Feb
27%
2% Mar
16%
5
20
Sep
28%
6%
Feb
36
Cement
$1.30
6%
preferred
Canada
23
28'%
10
common
Power
Steamship
*
Corp
•
common
preferred—
2nd
July
Canadian
5%
-
Bronze
preferred
Celanese
105
90
92
39
39
39%
*
common
preferred
—
200
1,160
20% Mar
common
Mar
34
Oct
Steel
11% Mar
15
12% Mar
7%
Twin
10
856
2,418
33
33
33
320
49
35
23 %
80
9%
19%
35
23 %
__
9%
10
Nov
10
Feb
10 %
32
25
10
131%
Mar
23
Sep
9% Nov
Jan
37% May
26
Jan
10%
s
Jan
West
Weston
Zellers
common..*
preferred
10
Jan
Jan
Royal,
27%
150
23
Feb
28
Jan
90
30
________
100
preferred
100
___»
Hamilton
*
165
Mar
170
98
May
105
Oct
29
16%
16%
125
16
17
16% Mar
19% May
18% May
285
14% Mar
15%
125
11%
15%
16
440
15% Mar
24
24%
135
19
Mar
25
Nov
84
84
25
84
Nov
91
July
17%
17%
104% 104%
109% 109%,
2%
2%
125
91
5
225
•
16%
Jan
17%
Jun
18% May
Oct
20
Jan
Sep
108
Apr
ill
Oct
2
Sep
4
Jan
15
276
14
18
101
Apr
50
50
Jan
16%
16
16%
450
13
Mar
9
g%
9
276
6%
Feb
31%
31
32
570
23%
Feb
*
—
Indust
Acceptance
5preferred •_
46
46
46%
85
56%
54%
56%
3,683
44
43%
Feb
17%
105
52%
17
Jun
Jun
Oct
May
9% May
35%
Sep
Mar
49
July
Jan
60
Nov
20
Nov
Intercolonial
Coal
Corp
preferred
International
—100
_
common
International Bronze
6%
common—*
-.100
common
—_
Nickel
of
—25
Canada.
*
International Paper common—_:___15
$4 preferred
—•
International Petroleum Co Ltd.
*
International
International
Jamaica
Labatt
Lake
7%
Power
Limited
of
the
Ser
common
(John)
Woods
Ltd
MacKinnon
MacMillan
Class
Structural
class
25%
385
6%
6%
5
6%
Jan
22%
22%
490
20%
Oct
25
Sep
99%
99%
20
__
__
36%
59%
__
12%
Corp
Ltd
Mitchell
com__
99%
Oct
103
25
May
25
1
22
Jan
34
Jun
9
200
8
Sep
13
Jan
20%
20%
270
20
Sop
27
Jan
36%
37%
5,242
29% Mar
59
62%
6,522
46
Mar
101% 101%
8
95
Mar
13%
12,114
11
Mar
47
47
50
39
12%:
39%
70%
Jun
Jun
16%
Jun
53
Jun
10% Mar
14%
Nov
11% Mar
14
Jan
25%
Jun
*
—
160
__
14
_
______*
20%
24
25
240
23
26%
26%
221
25
155
160
22
14
Mar
Mar
Oct
32%
Jan
page
46.
44
863
1,898
20% Mar
24%
865
44 % Mar
49
22
Mar
27
3
144
Feb
155
12
Mar
16%
Nov
16%
275
11% Mar
16 %
Nov
May
21
6%
83;
81%
^
81%
Feb
82
Mar
83
6
v
Nov
5
17
1,375
175
24%
24%
r.^;\.-!.vr'i--'19V8
16%
Jan
9
May
.
8% May
Nov
140
24
18%
Mar
175
Nov
230
100
31
2,476
20%
175
40
146
34%
Apr
.35*
25
Nov
27%
Oct
17% Aug
25
,
Nov
28
•<
Feb
39%
Sep
31 Va May
4
22% Mar
19%
>
Jan
-*-165
Mar
250
.
Sep
7%
5% Mar
,23%
__25
159
Aug
100
16% '
40
5%
850
175
common____„_J_____*,^;-r
Nov
67
72
8
,U>,28%vO^28%
',24%
Jan
204
pfd—_1l_100
-
97..
6%
common^.-^MMcta'v3Q%> :V 30%i
Jun
Nov
250
Worts__^__M_^*
*
.
.7 %
7 ;
17
__U.—____*
83
8% May
159
7
Jun
21.
45
82
Apr
20
6%
159
•
Feb
Feb
V5% Mar
82%
*
6%
159
„
17%
_..16%
1,115
.
83
'
.,80%
'
6%
798
.110
18
6%
-
81%
common
Sep
Oct
July
40
J
preferred—_ 100
&
Nov
48
1,175
25
__1
31% July
24%
18,■.
——
10
;'20
-i^s-;20
10
'>23%
23 Va
_._______10 >v-^26%
jt
10
36
26%
STOCKS—
20
26 Va
-*25
—10
155
20
May
21,
Jun
32%
Nov
45
May
27% July
29
May
Jun
652
23 Va
.
35 % *
25'%
21
Aug
25
Feb
1,890
36
720
25%
3,253
36 '
>>:
'
36
.
.
21Va
Jan
23 Va
Nov
28
Jan
33% Aug
23 y* Mar
25%
Jan
32
95
37%
38
Jan
Sep
Feb
Steels
Atlas
Bathurst
57o
Brand
British
Columbia
Clifss
——
Sep
23%
Jun
13%
Jun
6%
Jan
10
Mai-
4
4
Mar
12
159
161 v
Oct
163
Jan
12
Apr
17%
Oct
35c
Aug
1.00
Jan
2
13%
Sep
16%
Jun
176
11%
Apr
360
17
•
A
13
Apr
1,370
11
17
75
70c
1,200
■
Jan
15
5
G5c
n:
High
9
13
•:
10%
Vancouver 115
of
13 Va.
7'/a
16
Co
100
Jan
Oct"
106
Inter Inv
Ti-ust
Canadian
5 '/o
Pr
&
Paper
cumulative
7%
Inv
Ltd
11%
Feb
15%
Feb
23
Oct
20
44
Apr
50
Jan
50
18% Mar
25
Jari
47%
47%
47V4
19%
19'%
19%
Ltd
preferred
17
17
17
748
'• 23%
24V4
1,301
78
78
78
20
-M
;
3%
—
Lumber
Cassidy's Limited
T'lo preferred
•—
$
■■
—2
_______—
—
52
'
100
112
•i":
Mar
1%
4%
Feb
3
Apr
2% May
,,5,525
8
Mar
14
Jun
60
Oct
Feb
199
•
13Q
3 Va
Apr
38
Feb
Catelli
Food
Chateo Steel
Products
Ltd
Prod
prefererd..— .10
Chateau-Gai
Claude
8%
Neon
General
Alcohols
Consolidated
Consolidated
Consolidated
7
1
7
Sep
8
350
9
Feb
11
July
5
Mar
Sep
Nov
21%
21%
540
13%
18%
13
13%
4,061
18%
18%
160
16
Feb
21% May
34
34
34
215
34
Feb
38
Nov
16% Mav
May
7
.
10%
100
Sec
cl
55
*
common
Standard
6%:
67/a
—5
.
53
.
May
14
108
Nov
130
.
37
25
26
Feb
37
Oct
7
Nov
8
Jun
.11%
Oct
7
25
10 %
200
55
9
35c
7% Mar
25
35c
46%
3%
Feb
7%
Sen
125
.
6%
Apr
9%
Sep,
July
35C
20
16
Mar
16
'16
5
19%
19%
19%
4,290
36
35
37
875
9
Feb
7%'
7'%
210
7%
Anr
_
65
Apr
60c
Jun
17
•
Ltd
David
&
Corp
Textile
(R
Frc-re
•
Ltd
Mills
*
L)
Limltce
class
.50
A
Dominion
Engineering Works Ltd
Oilcloth
Dominion
Woollens
Donnacona
East
Paper
Kootenay Pr
Aircraft
7%
—
Dominion
Fairchild
-
*
com
&
&
Co
7%
Ltd
Worsteds.
Ltd
*
•
21%
>
38
8%
July
JVIay
Oct
Feb
Feb
32
41
42
565
33%
Feb
43% May
33
38 %
500
33
Feb
39%
Jun
14
14
14 Va
865
10% Mar
18%
Jun
20%
20%
21
2,187
19%
Oct
23% May
Aug
29
32
.
_
.
14% Mar
Aug
38%
*
*
Linoleum
■
Jan
260
6%
__
-
Jan-
12
110
7
*
A
Nov
325
13
9
—*
Paper
Apr
10
Advt—
Ltd
Prefered
Crain
7
V
*
—
Div
37
«
Ltd
preferred
Apr
10
Ltd
Wines
common
Oct
4% May
114
13
110
0
Jun
July
20% Mar
42
•v'
Nov
10
50
52
Jun
Jan
78
2
110
4
52
III
.
,
133
133
3%,
3%
♦
12;
52
18
24%
Jan
1.45
236
2%
.
Feb
19% Mar
50
12
.
14
14% May'
61 %
100
5i;.
■
,
3 %
1.75
2%
"
52
100
Co
common
2%
—
Canadian Westinghouse Co Ltd
July
23%
*
common
_____
Canadian Western
16
9%
'
24'/a
«
com
preferred
Vickers
Canadian
Oct
Jan
Jun
485
*
corn-
6 V'8
575
•
Ltd
188
115
12 Va.
$
Co__^____
78 Va Mar
22^4
• ;
Rand
3% Mar
115
1.75
25
21%
Nov
105
3,245
Aug
12%
—
Canadian
153
153
4%
105 106 Va
Jun
8%
134'A May
22%
4
Canadian Industries common
'
*
14%
Feb
4 % Mar
12%
—
& Dock Co Ltd—
Investments Ltd
Ingersol
74
'r 22%
«.
Malting Co Ltd
Gen
6
160
153
4%
•
1
Canadian Dredge
Canadian
6
115
4)2
153
1
Sugar
13
6
-
100
Ltd
Dominion
&
:—
-
Oct
9% Mar
13
113
♦
common
Hosiery
Butterfly
Canada
t
A_
1
Company
Canada
cl
13%
•—
Preferred
Jan
Mar
Ltd
—
Pulp & Paper com
Preferred
Brown
14
Nov
Packers
—
22
16
class
400 •"
160
.
-10%
.
*
B
Columbia
5
19%
Ltd
20
12%
161
»
com
120
Distillers
&
32
200
Low
350
5
prefered.— 100
7 %
Hosiery
Millen
&
Brewers
12%
Range Since January 1
High
12
*
B—
class
Paper
preferred
14
160
&
Belding-Corticelli
Belgium Glove &
22
7%
-Shares
19
*
Ltd
Power
Apr
20%
Low
5
Anglo-Nfld Development Co Ltd.
160
7%
Sales
of Prices
11%
Oct
20%
Funds
Week's
Sate Price
Par
155
♦
i-ee
85 %
Montreal Curb Market
33
»
(Robert)
Nov
80
Aug
40'/a Aug
•
1
Commercial
21%
___*
24
316
July
110
*
common
100
_
106
225
10
Oil
iootnotes
Nov
12
26%
25
83
20Va
.
6%
>
7% July
13%
A—
Molson Breweries Ltd
For
14%
25% May
13
B
Massey-Harris
McColl-Frontenac
24% Mar
8%
__
_
__
Mailman
•
12
__—__—25
Steel
25%
__
12
____*
Export
Jan
13
*
—
preferred
Bros
Mar
12
47
100
Lewis
14
3,941
*
common.—*
preferred
Legare 6%
15,679
*
Corp
Ltd
20
14%
5
—
Utilities
Public
19%
13"%
*
___
__
19%
14%
25%
24%
10
Canadian
Ltd
Imperial Tobacco of Canada common_5
4%
preferred
25
6% preferred
£1
Sep
Jan
100
107%
15
*
15%
16%
,
_•-/>-,
July
15
103
Mining & Smelting__
Oil
21
•
<
May
52%
•
Aug
16
Jan
25
101
Bridge
Aug
12
Last
52%
Howard Smith Paper common
___•
$2 preferred
—50
Hudson Bay
Imperial
___*
,_
7 %
Sep
27
1,620
24'%
16%
Co
11
Nov
.147
Friday
25
15
102 % "May
Nov
23
•
147
Canadian
103
inc
Nov
8%
410
Oct
July
16%
__
27% May
52%
pfd
100%
15'/a
18
200
__24%
_•
i
22% Mar
.100
______
com___*
100
120
__
115
46 %-:
23%
25
2%
14'% May
Feb
Jun
1927—50
Alabastine
*
5%
preferred
Goodyear Tire 4%
Gypsum Lime
&
Canada
,.
British
common
50
Mar
168
__
—100
________—_„_*
Nov
24%
23
99%
__
8
46 *46%
%24% '
25
25
__
•
10%
15% Mar
362
r; 43% *:
43%.-
1
com
24%
168
__
655
287
9
Jun
99%
15%
13
24%
19% May
26% Jan
16
•
common
Wares
of
Oct
17%
82%
•
38
__
*
17%
,
35
5
Players Canada Corp
Foundation Co of Canada
Steel
■
Corp
13% May
Famous
preferred
1
Jan
Feb
__
Jan
July
15
Feb
11
*
68
100
14%
15
Feb
5,772
1
54% Mar
9%
14
12
20
Feb
Nov
"
23 %
32%
175
11%
__
11
Apr
Jun
%
93 Va Mar
9
1,217
„
12
__
47
150
102 102%
•
Toronto
•
168
Feb
540
23
22% July
100
37
May
8
102
com
Nova Scotia
26
Feb
Eddy Paper Co class A preferred
Electrolux Corp
<.
Enamel & Heating Products
Ltd
Feb
Nov
20
100
30
l,li5
98%V
1
;
8
235
•
Bakeries
100
__L
23
21%
_____
67
149
Jan
17 Va
__
9
preferred
.:
1
21%
pfd
preferred
Montreal
5
21%
Paper
Oct
Jun
18%
Banks—
8
23%
:
60%
135
12 %
•
23%
__
Sep
Nov
60
93%
.
25
27
__
22
39 Va
16
58
*■
23%
24
24%
•
15%
60
25
8
17
15%
98%
preferred _—28%
24
37
1,180
___*
Commerce
34%
45%
preferred.
Canadienne
37
135
6'So
22% May
16%
Feb
Feb
45
certificates
Limited
33% May
21% Jun
34%
15%
29
5%
16
17
245
225
45%
___100
J
16% Mar
37
20%
39%
6
•
common.
Electric
27
34%
Aug
25
———
Winnipeg
727
*
Nov
44%
19
preferred—
(George):
Wilsils Ltd
340
25
19%
Jan
38%
•
•
Kootenay Pr 7%
21
„
Mar
25
140
common
Co—v
Walker Gooderham
31
„
Sep
16
300
61%
99
Cotton
20%
•
May
475
6%
30
Feb
Nov
28 Va
42%
19
Canada common
Steel
19%
Feb
58
171
19%
'-20%
39
,
City
20%
—
common
Paper
Tobacco
31
3,560
Mar
18%
.20%
l
Brothers
20%
—20
Donnacona Paper 4%%
General
of
Wabasso
Nov
38%
Mar
33
j
Nov
16% Aug
91% Mar
43
Jan
42%
__
61
preferred
United
21% May
128
Oct
49
Press
Co
Tooke
Jan
525
7,062
13%
25%
Jan
140
:/5%. preferred
14% May
14% Oct
16%
10
35
_____
Power
Mar
10
May
14%
__—*
class B___
Chemical
&
Dominion Textile
10
22%
162 Va
common
Williams
25
,____
preferred
5%%
1,085
33
Jun
May
10
•
preferred
Tuckett
14
__
Corp
4%
•
„—
General
13
12%
13
26
Sep
530
_____
Southam
Jun
36
Sep
2,295
•
Canada Power
Standard Chemical common
Aug
47
15%
__
_•
7% preferred
Dominion Steel & Coal
Dominion Stores Ltd
5%
23
Jan
12%
Dominion Foundries & Steel—
Gatlneau
Mar
44
124%
Bridge
Gair Co
21
75
128
*
Dominion Coal 6% preferred
Dominion Dairies common....
Dryden
120
45
26% Mar
-r
Mar
56
61% "
Southern
Aug
12%
__*
Seagrams
Dominion
7%
40
12%
—*
Tar
35% Mar
l
21%
10 Va
170
•
common
Voting trust
Nov
•
B
Distillers
Red
95
5
Leather Co Ltd class A
Dominion
Feb
16
>
20
Glass
Dominion Glass
58
30
18
100
24%
•
preferred
I'/O
Jun
14
25
Smelting
18%
355
■'
410
170
100
Sicks. Breweries
Jun
476
•
Mining &
Oct
15
12%
33
Railway
105
Mar
31 %
12 %
*
Apr
9% Mar
15
V.586
10
22%
21%
23%
__:
Paper
Sherwin
Sep
22
30
__
__*
48
22
__
•
>
Crown Cork & Seal Co—_______
5%
101
Feb
45
L_
—*
Cardy Corp Ltd class A
Cockshutt Plow
Class
1
105
90
__
Consumers
34
826
Class B
Davis
105
126
310
Canadian Locomotive
Consolidated
47
13%
25
Companies
Jan
16%
25
Pacific
Oct
Jun
23%
13%
series
Canadian
15
42
17% Mar
15%
series
Oil
Mar
35% Mar
47
<•*
_1
Power
Series A
Jan
94
•
common
Nov
11
525
%__
11
22%
21%
22%
•
__100
preferred
Shawinigan Water & Power
Nov
18
2,907
13%
$1.00
Canadian
14
25
37
15%
common
Canadian Foreign Investment
Canadian Ind Alcohol class A
14% Aug
12
21 »A
•
$1.75
Canadian Cottons
50
20
—
Canadian
430
18
11
11
*
'41% Mar
54%
preferred
1st
Mar
Apr
Canada
2nd
207%
47
—100
Canadian Car & Foundry common
Class A
Aug
13%
21%
*
common
Nov
30
9
45%
Co
of
Lawrence
24
36%
__
•
St
14% Mar
.
235
com
1
Lawrence Flour Mills
27
30
%
:_
preferred
326
9%
44
common
River
Lawrence
1st
502
9
14
50
Canadian Breweries
Ltd
St
Oct
25
__
44
•
Saguenay Power 4%%
29 %
Jan
L,_
Sep
23%
18
J ah
•
Sep
28
__
45
Provincial Transport
23
Jan
Mar
Tubes
Corp
Quebec
23%
__
10
___
Northern
Canada
5%
•
20
common
preferred
Canada Iron Foundries
37
i*
4% .preferred
St
Canada
1,163
100
Sep
3%
Nov
Oct
39'%
-4-4.-':>*
Development
Rolland
Bruck Mills $1.20 partic
Class B
Sep
39
common..-,
Price Bros & Co Ltd
27% May
2"% Mar
26%
3%
•■,.
Oct
39
•
Products
preferred
Powell
May
26%
*
Feb
44
_•
Light, Heat & Power
Power
Jan
24%
16
50
Apr
Electric Rwys
Placer
22% May
Feb
17
16%
24
24
i__25
Columbia
19%
16%
__
common——*
Preferred
Sep
43
Jun
♦
Ltd
Mills
Steel
Penmans
Sep
:*
Flour
Page-Hersey
29% May
22
Power
&
45
Jan
26%
25
Trac
27
19%
30
Corp—
Ottawa
Jan
21%
__
50
40
178
.
preferred
6%
Bathurst Power Si Paper
comtnuu
Ottawa
Feb
50
__
Feb
25
Mines
Ontario
Nov
Nov
Mar
.
42
Car
Jun
Feb
8%
14
& Chemical pfd—5
Steel
Noranda
Oct
65%
1
Feb
43
38
6,750
40
preferred
Ogilvie
Ltd
Aluminum Co of Can
6,034
19%
40
Niagara Wire Weaving
Oct
High
39.65
17%
100
—_
National Drug
Nov
9V<
7% Mar
Low
39%
19%
_____40
National
Apr
Jan
100
Breweries
7%
High
39.60
—*
Tramways
National
Low
2i>
:
Telegraph
Montreal
19% May
21
May
20
2,950
preferred
Locomotive
Montreal
High
12% Mar
1,134
20%
•
Aluminium
Montreal Cottons
for Week
,
19%
*
Algoma Steel
Sales
of Prices
Par
Range Since January 1
Funds
Friday
STOCKS—
Shares
32
pfd____i_-__ 100
28
28
—5
1.00
1.00
30
75
'75.
260
.
25
80c
Mar
2%
Jan
Oct
Jan
-
t
-Volume-168
Number
4753
THE
COMMERC1AL; & FINANCIAL
CANADIAN
RANGE
Friday
Week's
Last
of Prices
Par
+
Fanny Farmer Candy Shops Inc
Federal Grain
Low
1
*
Co
class
A
7
Fleet
Manufacturing Ltd—
Ford
Motor
Fraser
Co
ol
Canada
Great
Lakes
Class
A
'
Paper Co
Ltd
preferred
Halifax Insurance 00——_
:
Power
&
Paper
Leaf. Milling Co Ltd
Maritime Teleg & Tel com—
"Rights" when',
Massey-Harris
McColl-Frontenac Oil 47c
Melchers
6 '/<?
Distilleries
preferred
Mica
Moore
&
Ltd
Corporation
Nova
Scotia Lt
&
Co_.
Pr
common
Russell
Co
Industries
Standard
Invest
Clay
Corporations
United
Westeel
Products
•Western
Grain
Wilson Ltd
Windsor
Woods
(J C)
Hotel
12%
85c
-925
20
Apr
20
Oct
10%
17
1,260
65%
13
15
17
Mar
107
125
11
7 00
.
Feb
Mines
Band-Ore
base
Gold
Metals
Beaulieu
Bob's
Ltd
Yellowknne
Lake
Bonvilb
Gold
47
10
630
111
28
14
14
20
Gold
Mines
Bouscadillac Gold
23%
480
17
13 %
21
21
Ltd———
50
1.00
8%
Cournor
Detta
Dome
Nickel
Donalda
East
Gold
45
Feb
Atlas
7c
16c 17 %c
50O
3c
8,500
Mar
7VaC May
12c
12c
60
6c
1.000
6c
57c 6312C
65.800
12c
1,900
8c
6c
8Vac
8V2C
6V2C
7c
1,500
8c
4,100
Apr
Aug
Mar
Oct
5c
Oct
500
3c
196,300
3c
8V2C
14c.
2V2c May
Aug
Aug
8 Vac
Ltd
1.85
51c
200
15c 15 %C
Mines
10
%c
Ltd—
Jan
12c
6,100
Oct
22c
Jan
Boycon
Bralorne
Mines
Brand
Millen
51c
2,500
43c
Aug
14%
100
Brazilian Traction
Brewis Red Lake
14 %
12 %c
12 Vac
1.55
1.55
200
3.00
3.00
3.20
6,200
14c
4,000
Nov
Nov
1.09
Feb
30 VaC
Jun
16c
1.40
72c
65c
80c
39,300
55c
10c
10c
10c
47,000
10c
1.000
2c
.-1
Gold
Bollinger
Mines
Cons
Hudson-Rand
Jack Lake
Jack
Mines
Waite
Mines
Mines
Ltd
Ltd—
Mining Co
Joliet-Quebec
Mines
Lfd
Mining
Lake
Rowan
Lake
Shore
Explor
&
Mines
Ltd-,-
Mines
Lingman
Lake
Lingside
Louvicourt
Malartic
Mines
Gold
New
Cons
O'Brien
Mining
Gold
Pen-Rey
Pitt
Mining
East
Labrador
Quebec
Manganese
Dome
Gold
Rochette Gold
San
Antonio
Santiago
Sheep
Gold
Creek
Gold
Stadacona
Sullivan
Teck
Asbestos
Westville
6c
Feb
20c
Oct
58c
Burlington Steel
Nov
Burns & Co class A
1.60
Jan
13c
Feb
Dom
Calgary
14% Mar
Consol
38c
Canada Bread class
57,000
Nov
1.45
Jan
Canada
76c
95c
24,500
1.55
200
50%
375
82c
7,100
2.30
3,300
5,450
80c'
2.19
July
1.55
50%
::
Nov
Nov
•80c
Canada
Permanent
Jan
Canada
SS
1,000
7,500
10c
May
20c
4Vsc Mar
9c
Nov
1,000
1.35
100
60c
75c
9,900
1.35
57c
Nov
Mar
89c
20,000
6c
Oct
65c
2C
Sep
6c
13c
500
8c
Jun
17c
15c 16 %c
42,200
7c
Oct
17c
May
Oct
17c
Mar
13c
13c
16 Vac
17c
3,500
1.56,
1.56
200
2.30
3,225
40c
40c
500
51c
7c
1.01 Mar
1.45 Mar
35c
67c
52c
4,152
50c
Mar
1.47
6,600
99c
Mar
100
95c
1.93
810,100
1.35
3c
3c
3c
1
3c
3 Ve C
3 Vac
500
May
Oil
&
Homestead
Co
Lid,
Dev
Oil
Co
New
Pacalta
Okalta
Oils
Royalite
For
Oils
Co
—*
Ltd—
Ltd—.
1
15c
op,
12J/8
12 %c
Ltd
Co
o.bO
■
1
aq
♦
Ltd
footnotes
Ltd
_
14.000
16,000
see
page
46.
3 5Q
6.500
7,500
14
2c
&
preferred
Cable
I
Vac
-5.80
17c
2c
200
3
225
28c
31c
65,000
16c
Feb
35c
May
30c
31c
3,500
25c
July
37c
Jan
17
17
25
20 Va
Sep
La.
'
.•
18c
1.60
1.55
16c
2.08
16c
83,600
3.75
General
Ice
11c
■> 05
12 Va
5,350
12VaC 12 %c
16,950
8c
200
75c
24
7c
24%
12.850
4,000
1,240
1.25
5.20
5c
16
Jun
Alco
Jun
Malartic
8 'to
Cos
preferred
5 7c
Feb
12%
Nov
32Vac
Apr
Canadian
1.82
May
July
Feb
16c
27
Feb
Oct
6Vac Aug
25c
Jan
36
295
28%
Feb
36
Nov
5c
2,200
3 Va c
July
5%c
Apr
7,500
11
21
Apr
31 Va
13%
Feb
21
July
Sep
7%
7%
9
Jun
7c
275
7c
4,300
Feb
7% Aug
—
—
common
——
4%
Tire
Railway
Corp
Canadian Utilities preferred
Canadian Wallpaper class A__
Cariboo Gold
Jan
15
7c
Aug
15c
.60
14%
Jan
16%
Nov
5.95
4.590
3.65
Feb
7.60
May
8c
8%c
16%
5.60
9 VaC
20,200
6c
Feb
18c
45c
44c
52c
12,200
34c
Mar
65c
2.20
2.30
900
50%
50%
20
22%
27%
45
48
48 Va
23%
27%
48%
20
324
2.15
50
Apr
Mar
68 Va
14% Mar
24%
27
29
43 %
Nov
Apr
53 Va
Jan
9%
70
9
Sep
11%
Jan
55
33
Sep
38
Apr
16%
16
16%
60
15% Mar
18
Jan
185
186
34
180
Sep
201%
14
13%
14
525
11
Mar
14%
Oct
36%
36%
85
35
Feb
42
Jun
5
20
Nov
5
.70
Jan
23% July
85
Jun
78%
78 Va
78%
Jan
26
23%
•1,080
20%
21%
1.591
17% Mar
24
Jan
18
325
16% Mar
22
May
25%
~
40
17%
21%
26
23%
23%
25%
25
23
Apr
28
Jun
1U
21% Mar
31
21
23%
July
Jun
Nov
'
aL
■
25%
13%
13%
200
Mar
147/8
Jun
16
16%
520
15 Va
Apr
18 Va
Jun
90 Va
91%
40
56%
Feb
95
Nov
39
39
125
34%
18%
90%
39
20
80
9
•
—
210
210
13
13
1
*
9
Feb
16
Mar
Mar
40
Oct
25%
Jan
12%
Jun
200
8
210
250
205
Sep
260
Jan
13%'
140
13
Nov
14
Va Jan
350
10
Mar
14
Oct
.-
12%
12%
33
;
12%
100
11% Mar
14
Oct
33
310
21
34
Oct
65c
.
100
65c
14
;
14
13
31%
-
*
14%
1,300
64c
131
11
•140
*—
140
Mar
Aug
Mar
140
25
16%
102
50
99% Mar
84
84
145
102
100
—100
84
45
84
15%
1.10
.
160
98%
16
*
12,994
24
98%
98%
16%
23 Va
—*
1
Nov
July
33'/a
20
100
Jan
Jan
9%
20
•
Jun
3.00 Mar
33%
20
_*
Feb
16%
5.70
•
voting
— —
July
May
10c
355
7c
——50
A__
Jan
Nov
425
7%
—«
Mar
2.25
30c
265
20
common
"A"
Locortiotive
Oil
2.40
13%
—
class
Jan
99c
7
2.20
3.50 May
32c
July
1.25 July
6c
Aug
17%
*
Class B
preferred
preferred
Canadian Pacific
Jan
Nov
15c
Sep
30%
•
Electric
Machine
Canadian Indus
Canadian
16%
Sep
Sep
13
—
Canadian
3%
29
25
Canadian
May
7.50 May
Apr
2
"
Canadian
34c
14%
27%
17
20
common
Nov
Feb
Apr
Jan
5c
20
Celanese
Nov
Jan
4% May
11%
24%
29
•
A
3c
4VaC Jan
48,700
•
Oct
Mar
13%
•
common
2.60
July
25c
3
9c
10
Preferred
Jan
2,200
2,200
0
Commerce
Oct
9c
18c
1.75
25
A
Jan
Jan
2,550
.
35%
*
—
class
Canadian Dredge
Canadian Food Products
1.60 Mar
19c
54
1.45
of
Canners
Class
86%
30c
100
Breweries
Canadian
135
Jun
80
0
Bank
Oct
25
27 % May
99
Jan
440
50
3.25 Mar
Nov
2%c Aug
II Va
7c
24%
Mortgage
B
Apr
8c
Feb
Jan
13
•
1st
preferred
Canadian Car common
Apr
Aug
20
23%
26%
•
common—
Canadian
.
28c 31 Vac
5.80
1.45
*
———♦
3 05
29 %C
*
*
Exploration
Oil
•»
*
Corp,.
Co Ltd—
Omnitrans
Wire
Nov
4c
885
410
J
26
20
A—
Sep
2.36
34c
3.25
50c
2.36
—1
1.64
Apr
1.35
%c
Varnish
Class
1,000
24%
Feb
Feb
22% May
12%
*
(-
Canadian
2.15
40c
3
class
Lines
Canada
Canadian
Feb
26
•
Canada
Jan
5%c
27%
17
1.00
12%
3
Jan
2,000
24
26%
.50
B
Preferred
Feb
7C, 9%c
5VaC- 5 VaC
Packers
Class
Jan
1.35
Canada
Feb
1,915
11
Sep
3%
•
Nov
2.17
preferred
Power
3.15
10c
1.35
1
Canada Malting Canada
Northern
Jan
1.50 Mar
A
%
Nov
1.55
19%
6.50 July
20c
1
Preferred
2.30
1.55 Mar
400
5%C
24%
26%
*
—
common--
1.18
10c
5c
Cement
Mar
'3.13
5c
Lake
May
2.36
1-
Jan
Red
Feb
Mar
3.00
51c
Ltd—
1.90
1.95
65
1.50
i—1
Ltd
40c
-
1,170
65c
"
1
50c
1.55
17,500
6.90
18%
*
-
38c
50 %
4 Vac
60c
19 Va
*
Flon
38c
85c
preferred
Oils
Campbell
1
Ltd—,
Gaspe Oil Ventures Ltd
Oil
Flin
Calmont
,
1
Ltd——
Jan
1
Edmonton
Feb
1
Calgary & Edmonton Corp Ltd
Home
&
Callinan
Feb
1
.
6c
3c
6.75
V
—
*
Calaer Bousquet •
Caldwell Linen 2nd
Canadian
Oil
A
Aug
I6V2C
Sep
6. /5
♦
—
class
5c
50c
3c
4 %c
Feb
7.65
Burrard
8c
1
Jun
*
-
Class B
14% Mar
50c
7C,
57c
•
Jun
60c
Sep
5c
Aug
1
16c
•
May
*
8,000
1
3c
Ltd——50c
Ltd
Anglo-Canadian
Lake
3c
5c
20c
Bunker Hill
Oil Stocks-
British
Red
Building Products
28c
*
—l:
Mines
Oct
10 Va July
Buffalo
500
_—____—1
Ltd-.
Mines
Mines
Mines
4c
6c
Nov
Feb
5,500
—_—1
:
Jan
18C
•—fn
2,000
50%
Oct
17c
1
Jan
Jan
21
*
Buffadison Gold
Nov
Feb
Mar
♦
A
6c
1
Corp
Gold
Malartic
25
3.10
Ltd-———
Mines
Mines
Vinray
1,200
10%
80c
Mines Ltd_
Hughes Gold
United
6%C
%:
1
Ltd,—
Vilbona
1.27
4.45 Mar
4c
—i—*
Mines Ltd,—
Mines (1944) Ltd—
Cons
200
400
Mines Ltd——1
Gold
Jun
1.27
30c
2.20
Development:
Mines,—
Co
Nov
Mar
12
6.00
10
1
—
Mines
Mines
Sherritt-Gordon
Siscoe
25c
150
6%c
6%C
1
Ltd,—
Mines
Mines
15c
5,800
1.27;
1
Ltd
Co Ltd
Quebec
Crest
2,000
48c
'
Preston
Red
15c
12'/4
Oct
16c
lie
Aug'
Aug
£0c
28c
-v
18% May
Jan
13
;
Oct
5 Va'
Oct
10c
1
class
30c
——_5
,.
Ltd
Mines
2%c
44c
7—1
Ltd
Ltd
Mines
Gold
Gold
Jun
Mills
4c
_
Ltd—
Mines
Corp
Jun
4c
Bruck
1
Ltd,—
Mines
Nov
8.50
13c
Va Mar
*
A
Broulan Porcupine
6c
-
Dredging Ltd—u
Calumet
Normetal
Ltd
Fields
Mclntyre-Porcupine
Nechi
5,000
Ltd——1
Ltd
Goldfields
Macdonald
10c
6,803
4
100
*
75()
18Vac
20,800
1
660
100
5,600
44
89%
L
Jan
Jan
Jan
5
3
6c
Oct
24c
Sep
89
Oil
20c
22
Oct
25c
*
Dominion
Mar
42Vb
•
class
A
B
1
Mines
Mines
Power
17
7Vac
3%
1
1
Gold
Gold
Columbia
Class
Aug
Nov
%
Canadian
15c
—1
Lebtl Oro Mines Ltd
British
17
15
15c
*
Ankerite
5.80
_1
Ltd—
Jun
Feb
Jan
Nov
13c
100
Buffalo
12 %:
Ltd—1
Co
Packers
1.56
23%c
pfd
Products
Buffalo
45c
Kerr Addison Gold Mines Ltd.1
Kirkland Lake Gold Mining Co Ltd- —1
Labrador
Columbia
Columbia
Sep
15c
1
:
British
British
Feb
38 Va
69c
14c
•
Nov
4c * 4VaC
1
—
Forest
Feb
Sep
Mar
20
25
15c
1
—
common—
;
10 VaC
334
50
37%
Aug
9c
Jan
19%
1
Nov
12
32
Nov
20
1
Aug
5c
33
215
181,980
Oct
9c
28
1
3c
10c
246
36
65c
Feb
29c
.
Feo
13 VaC 14 %C
13 Vac
4.00
July
24c
,1
15c
5c
36
5c
Sep
Jan
*
4,COO
llVa
,
25
■
58c
Via C
Nov
5
•3.500
1-
—
175
140
Light & Pwr com__*
Oil
3,000
Sep
16c
8%c Mar
9c
26%
4,220
8
.*
Electric
2.95
8,000
5c
10c
5
Ltd
11,425
7c
43^4
150
—1
Gold
Gold
21c 21 VeC
43
•
Jan
24c
4,300
9 Vac
5c
Oct
3.10
8%c
4,500
8V2C
25c
43 Va
65,000
10,000
16c
Apr
Sep
21%
A_
1.95
6V4C Mar
Feb
15c
36
1
3 V4C
12c 14 VaC
90
8c
4,700
2.95
60c
25
7 Va C
12c
1,590
17,150
18c
15
3c
1
—1
Ltd
American
12 Va.
22
—
Columbia
5%c
12c 12 ViaC
—
3.50
Nov
12%
15
—
B
class
Preferred
British
5c
Sep
1V2C July
Nov
♦
4c
3c
75c
—*
15c
1
1
Nov
Sep
35%
C%c
I-—1
Ltd—
Mar
33c
36
2c
_1
Ltd
Sep
Aug
1.65 Mar
British
British
27,400
26%
——
Nov
4Vac
23 Va Mar
70c
»
Oct
50c
62c
7c
'
Apr
I2V2C Mar
Nov
21V8C
*
A
Mines
15c
500
Feb
27c
1
16 %c
500
Jan
12c
Mar
26%
;
Apr
50c
A
class
Oct
May
16%c
Nov
4c
10
;
Sons
13c
72c
July
98,020
10
Pershing
&
5c
2,0o0
20c
1
class
6%c
500
1
Mines Ltd
33,710
5 '/aC
15c
10
class
1,000
14C
22c
Ltd
Nov
Mining——,
Gold
Bordulac
10c
1
Mines
Jun
35c
Kirkland Gold
L
Biltmore Hats class A preferred
Bobjo Mines Ltd
Jun
Jan
39c.
Nov
Bidgood
May
22c
Ltd:
Gold
Nov
74c
13 %c
50c
—_1
Formaque Gold Mines Ltd
1.85
Bevcoui't
Mar
14 V»
_i—1
Ltd—
Nov
Nov
Jun
15c
Oct
16c
-
Yellowknife
&
Mar
22c
1
Ltd
1.85
-
6c
Nov
51c
Nov
20c
12c
Telephone
5c
1
Ltd
Jan
75c
Mar
9,140
2.95
Power
'Bertram
10c
♦
——
Bell
Mar
1,000
51c
*
Ltd
Nov
5c
6c
Jan
19,800
12%
Scotia
Innes
18,500
14c
1
—
59c
11c
Ltd
Heva
Bathurst
&
5c
10 Vac 10 Vac
1—1
_
Mines
Nov
12c
Mines
Mines
14c
20c
5,500
83
8c
;
Toronto
Metals
10c
10 %c
—1
—
of
Base
550
8c
Oct
7% May
Oct
25c
1
Nova
Bates
Sep
Mines
Gofdvue
Bank
of
Feb
5% Mar
65%
16c
Montreal--;
5c
1
Ltd
8c
Gold
Lake
Jun
of
5c
21c
.
9c 11 Vac
;
Bank
5%c Feb
Oct
Jan
20c
Bankfield Consolidated
33c
6 VaC Mar
60
Feb
31c
Nov
6%C
—
Gold
Bank
9c
23c
Bagamac Mines
Jan
6c
12
65c
16c
Sep
17%c Jan
22c
Nov
July
5%c
68 %c
Nov
3c
4 Vac
11% c
Nov
3%c July
200
51c
15c
—1
Ltd—
Mines
500
8,000
1.85
Ltd —1
—
Mines
8C
8V2C 10 %c
.—2
—
Mines
Ltd
Ltd
8c
Aunor
Apr
Jun
7c
(1937).
Yellowknife
Aubelle
Mines
Jan
26c
Jun
Mines
Mines
12c
Nov
9.20
8.25
7c
rights—u—
Aumaque Gold
Beaulieu
Aug
El
Goldale
Nov
Nov
3.50
1
Hardware
Sep
Gold
Goldora
Ashdown
Ashley Gold & Oil
30
1.25
NOV
65Vac
1
40
2c
Mines
Malartic
Found
Nov
29c
Oct
30c
1
35%
Eldona
Fontana
July
38
Gold
Mines
18c
Mines
Gold
Sol
Arjon
Armistice
Apr
445
72
Jan
20c
Quebec
4,700
Ltd
Sullivan
Last
Jun
Jun
6%
41 Vac
8c
4,000
71
20c
Nov
15%
24
Athona
16c
Ltd —1
72
—
Oct
Jan
Feb
1.35 Mar
1,000
6%
25%
38c
49c
21,000
10c
Jan
Jun
22 V4C
2,000
9 ViaC
13 Vac 15 Vac
14c
100
—
4c
8c
•
Atlantic Oil
93,200
Lake
Mines
Duiama
Warrants
Astoria
59c
Mines
Red
Mines
Duvay
Preferred
Jan
4c
8%c
1
-
500
10c
*
1
—
common
Jun
Ltd ——t.———1
Red Lake
Dickenson
1
Nov
5,500
Mines
•
Gold
12%
5c
Mining Co Ltd
Denison
345
16%
2 VaC
Explorations
8.75
Oct
51c
Cadillac
8.70
Apr
Mar
2 Vac
Mines
3.70
9
8c
Bcattie
67,285
50c
55c
Central
350.750
•
Mar
10c
42,200
65c
3.50
12
2%c
Consol
18c
60c
3.05
100
1
Gold
44 % Mar
24
63,981
3.45
700
60c
Ltd
735
140
18c
60 VaC
Corp
13c
Jun
58%
25%
;
Nov
«B%
57 Via
29c
Sep
26c
Apr
25 Via
Oil
Mines
9%
87 %c Jan
87
58
10c
Apr
33% Mar
25%
•
May
'23
3
Oct
Nov
8c'
Sep
10 %c
Lead
Canadian
Argus
'
Jun
Sep
24%
103
July
Vac May
1
29c
19
45c
7%
25
15 %c
Aquarius Porcupine
Oct
Sep
Sep
pfd
29c
115
Jan
1
Consul
Cortez
47
•
Apr
5c
334
15 %c
942
3c
Ltd—
52
39
16 Va
10,800
50%
*
12%
7c
*
Mines
Willians
Larder
16%
35%
9c
4VaC
51
35 Va Jan
97
Mines
of Canada
14
16%
_1
4c
•
Apex Consol Resources
27'/a Mar
5c
-
Gold
Mines
Cochenour
Co
Jan
Nov
3c
—
i
Anglo-Huronian
11% July
Feb
1
—
55c
14c
VaC
*
25
Mar
——1
Ltd
Ltd
Corp
Mining
common-:
Ansley
Feb •'
37c
94
37%
1.00
1
1,000
5,008
Ltd
Feb
Feb
104
9,748
37%
1.00
1
Ltd
Mines
Candego Gold Mines
.Cartier-Malartic
Cheskirk
Ltd-
67c
23c 25%c
23c
-
111
Jun
14
23
*
199
65c
Cons
Oct
22
42c
1
Mines
Mines
Bouzan Gold Mines
Century
Ltd
2,000
9%
1
Area
18%
——1
Mines
Mining Corp Ltd
6 Vac
9
Yellowknife
Anglo
17% May
10% May
111
—1
6%c
9%
May
13%
41c
1
.
6 Vac
Nepheline
Anacon
Stocks—
Mines Ltd
80
Jan
111
Steel
12%
i
370
American
Apr
3%
10
41c
*
15
23
103
4
Amalgamated
Sep
19%
47
•
38%
23
100 Via
American
27% May
75% Apr
Mar
23
Yellowknife
Pacific
Aluminum
Jan
48
15
—
Ltd
Alger Gold Mines Ltd
Aubellc
1.10
Feb
*
Athona
13%
200
18%
*
38%
18
100%
&
Aluminium
5% May
Feb
Oct
6
11
*
—
Manufacturing Co Ltd
Mining
Apr
10% May
21% May
1,230
38%
High
12% Mar
805
20
May
94
4% Mar
262
23%
-
Ltd—
30
NOV
74
6
100
Ltd—
Co
250
23%
Mar
15%
19 Va
_•
A
Gold
Algoma
1,315
15
—
•.
Alger
5
1001
B
Alberta
Nov
19%
pfd——100
Ltd-—-
Akaitcho
Jun
90c
111
*
class
Aug
21
Nov
16%
*
Ltd
Securities Ltd
15
Nov
75c
5
*
Products
United
Oct
17
91%
V
6','e
10%
125
Agnew
Loio
15%
20
-20
_
Range Since January 1
High
15%
Oil—^
Surpass
270
25
Low
.100
Gas
75 c
1S%
0
—
Co
44
Acme
May
May
17 Vt
22%
___*
Ltd
Southern Canada Power
Southmont
19
Mar
36
Shares
-20
Preferred
May
74
i_
Ltd
Jan
for Week
•
.
$2.50 preferred
Acaaia-Atlantic class
Jun
4
preferred
155
12%
85c '1.10
22%
Corp of Can 61st pfd—100
Quebec Pulp & Paper 7 % pfd
100
Quebec Tel Corp class A
*
Grain
12 Va
$1.50
Jan
15%
Jan
Sales
Range
of Prices
Par
Abitibi Power &
Paper common
135
12%
Power
Reliance
268
45
Sep
2%
205
1.00
5
/—
10
50
1/5
-
Ltd
Jun
92
——
i—
Service Stores
Nov
27
-
10
Paper
62%
91%
921
%
STOCKS—
Jun
20%
Jan
Week's
Last
Jan
Feb
41
200
Friday
Bale Price
Oct
27
Feb
26%
.100
9
3%
Jan
%
75c
75c
Jan
Sep
16
50
Exchange
Canadian Funds
Jan
42%
264
•
49
40
11
17
10
.——J—10:
Ltd
Orange Crush Ltd
Paul
39
10
1
common
—
Ontario
16%
4
4,331';
10
3 %
11
pfd_..20
——
Canada
ox
Minnesota
10
Toronto Stock
High
36'/a Mar
10a
42
le %
16%
*
.
pfd_
Ltd
42
0
,
—
as, and if
6%7e
conv
Co
2
21
3 Vi¬
Co..-'—
Maple
5,400
1,400
•.
"■
j.-.
Low
80
10
——
Hydro-Electric Secur Corp..
Lowney Co Ltd (Walter M)__
MacLaren
61%
*
——*
19
Range Since January 1
38
7%
2 %
2%
25%
26
59% : 62 V4
17%
17%
2'/a
25%
1
com—
:
•
A—_»
MARKETS
NOVEMBER
fcr Week
Shares
7%'
♦<
.
class
Companies
,
High
37%
LISTED
WEEK ENDED
(2151)
Sales
Range
Sale Frice
STOCKS'
FOR
CHRONICLE
1.10
Nov
Nov
88c
Feb
15
Jan
150
Jun
103
Jun
90
May
12% Mar
21%
23 Va
Nov
26%
Jan
25
98 Va Mar
103%
Jan
16
50
16
1.10
700
Nov
1.00 Aug
19
2.65
Jun
Jun
Jan
43
44
(2152)
THE
COMMERCIAL
&
CANADIAN
RANGE
Friday,
1
FOR
LISTED
WEEK
CHRONICLE
FINANCIAL
ENDED
Monday, November 22, 11)48
MARKETS
NOVEMBER
15)
Sales
Week's
Friday
Last
Range
Sale Price
;
of Prices
,
STOCKS—
Par
Shares
Central Leduc
;
__
Low
Range Since January 1
Patricia
1,033
1.18
1.09
1.20
15,800
1.15
*
Central
1.56
1.06
1.17
9,975
15C
17c
21,800
7c
2,000
^—1
Oil
Centra)
High
1.52
15C
Castle-Trethewey
Porcupine
Gold
Mines—
Centremaque Gold
Chatco
Steel
1
—
_____1
•
1
7c
'
11%
common
Preferred
Low
11%
'
11%
7%
41c
1.80
33c
Mar
5c
Aug
Great
Cheskirk
Chimo
54c
52c
58c
11,500
A
Great
Feb
Feb
8c
8%c
70,650
4c
2.30
2.25
2.65
Mines
Gold
2.20
9,356
75 c?
Mar
Mar
12 %c
Circle
Bar
Citralam
Knitting
4,400
7c
1,675
79c
Oils
Cochonour
30c
July
1.14
Oct
*
common
Greening
Willans
Oct
Nov
Lead
Gunnar
Coin
r
___:
1.25
10%
Feb
May
Mines
Colomac
Swayze
8
50
Jan
Hard
5c
30,500
Aug
6c
Nov
32c
12,700
13 %c Aug
34c
1
1.85
1.81
2.02
14,550
1.72 July
12%
12%
Nov
8
2c
2.45
Jan
*
13%
17
Feb
10
1,760
Aug
16c
1,200
16c
July
27c
Feb
6c
6% c
7,000
5c
Mar
9c
65c
65c
1,000
46c
Apr
75c
Oct
1.45
1.45
1,000
72c
80C
3,032
11%
11
11%
295
45c
42c
55c
30,250
42c
5£c
55c
60c
2,725
55c
5
__u_—-i—
•
Mines—
Consolidated Duquesne
_2
__
1
—_
Rock
Harker
Consolidated Homestead Oil
Consumers
Conwest
'
*.
14 %C
—5
100
Cosmos
Imperial
125
1.40
1.51
Sep
65c
Apr
10
Oct
;
July
1.10 Jun
16%
Jan
Nov
85c
Jan
Aug
70c
Craig
Bit
365
Croinor
1.35
1.35
1.47
19,850
»
'31
*
1—1
Davies
Leather
Oils
a
<■
A
__
.
Dexter
Red
Dominion
9c 10 %c
32c
_
Steel
Steel
1.05
1.15
1.05
1,200
9%c 11 %c
Coal
21c
1.60
Apr
Nov
Jan
com
class
20 %c
28c
49c
15 %c
Oct
July
48c
Feb
Oct
43c
July
82c
Jan
23c
Sep
64c
Jan
20%
1,095
16%
Feb
22% May
28c
Oct
65c
Jan
13%
Nov
23% Mar
Sep
Feb
40c
10,700
14%
3,555
25%
460
20%
80
16
Apr
22
10
6
10
Nov
14 *
27
24
385
27%
12
8%
12
2,115
5%
5%
5%
400
44
44
50
16%
17
22
1,310
:
24%
6
Feb
19% May
•
26%
100
22% Mai-
27(4 May
130
19% Mar
22% Aug
Feb
13% May
18% Jun
22
145
11
11%
14
14'/*
300
52c
48c
55c
29,475
10% Mar
48c
Nov
22 %c
20c 23 %c
122,000
17c
13 %c
11 %c 14%c
140,450
4c
Amphi
10c
9c
38c
27,000
36c
38q
78c
5,750
55e
1,500
18 %c
Nov
1,635
13% Mar
Jun
16c
Nov
Jun
33c
Jan
•'lie
Nov
Feb
50c
7c
26c
8,100
May
2,08 Feb
'*
,■)•.
1..60
1.54
1.75
17,200
1.33 Aug
—1
i
3.00
2.95
3.20
10,880
1.64 Mar
3.50
••
"
Sullivan
Eastern
Mines—
Steel
»
Elder
7%
7%
7%
735
6%
Sep
10
19%
a
19%
19 %
25
15%
Feb
19
Oct
30c
4(5O
30,750
24c
July
74C
Jan
55c
Mar
Mines
Eldona
Gold
El
Gold
Sol
Mines
74c
Corp
Famous
Players
Fanny Farmer Candy
Federal
Grain
Shops
—
a
Motor
.
***"**''
class
A—
■
25%
Heath
Frobisher
Exploration
Power
1.95
a
104
5%%
Steel
-100
__
Hedley
1
Preferred
Wares
a
common..
15
_
Giant Yellowknife Gold Mines
65c
1,000
325
11%
100
2%
Gold
Mar,
14C-
115
Sep,
25C
7%
11
7c
1,280
9c
3,000
62
75
11% July
12% Sep
Mar
'
1.95
2.11
13,772
17%
125
103%
110
3%
Sep
21
7C
45
Nov
65c
Jan
Feb
27
May
Apr
15c
Jam
Feb
62
Nov
1.30 Mar
2.29
Feb
Mines
20
Sep
12o
101
Sep
109',2
110
20
107
Mar
2%
400
2
Sep
15
15
55
14
Mar
•
110
111
Jun
4.55
102
5
4.90
99
Apr
/
5.801
2.90 Mar
7c
*'
8 %c
2,961
6%C Aug
3%c
10,500
3%
Nov
17
Goldcrest
106%
Jun
Jan
&
Aug
69c
74c
24,500
52c
Mar
83c
39c
38c
43c
29,100
38c
Nov
15c
17c
3,500
lie
Apr
19c
Golden
Manitou
11c
lie 11
7,600
8%c
Goldora
Mines
Goldvue
Mines
Goodfish
1
_
__
4c
8c
8c
2.66-
_
2.60
6c
2o
1.09
Nov
Jan
%c
1
500
2%c
Oct
7c
2,000
5c
Jun
16c
Jan
30c
30c
31c
2,900
30c
Nov
95c
Jan
10c
10c
11c
14,700
10c
Mar
24%c
65c
65c
67c
7,000
50c
Mar
75c
May
7c
7c
7c
4,000
5c
Sep
.9c
Sep
9%c
10c
6,000
Aug
15c
Jan
20
20
100
Mar
20% July
11%
11%
5
;
Gordon Mackav class A
For footnotes see page 46.
—50
*
_
11%
*
Hosco Gold
12c
Mines
5%c
8.50
5.35
12%
9c
Feb
35,600
12c
Nov
42c
Jun
15,500
18c
Mar
36C
NOV
60
NOV
21c
30c
34c
Hudson Bay Mining & SmeltingHugh Malartic
•
56%
54%
56%
1,160
1
6%c
5%c
6%c
133,900
115% 115%
15
Bank
10
28
Imperial Oil
1
(
Impe-rial Tobacco of Canada ordinary_5
Preferred
preferred
Lake
Gold
&
Inspiration
14
1
20
25,814
14
1,435
340
25%
132
6%c
7,250
6
International
Coal
International
Metals
i
Coke_
&
9
9
100
1
36c
39c
2,400
38c
38c
100
100
—1
preferred—,
38c
100
International
Nickel
*
36%.
36%
Petroleum
*
12%
12%
1
47c
46c
Mountain
Jacknife
common
Mines
—50c
Jacola
Mines
Joburke
Gold
Quebec Mines
Kayrand Mining
1
Kenville
Nov
11
May
29% Mar
16,634
52,900
1.00
100
5%c
12,800
15c
4,500
4c
9,000
15,000
39,700
55c
Jan
39c
Jan
102%
Jan
39%
11
Mar
Mar
84c
Jun
16 Va
40c
Jun
May
90c
Oct
1.45
3 %c
Oct
7c
8c
Aug
21c
l'/a
Nov
4c
12 %C
Nov
58c
Feb
25c
Mar
59c
Nov
Jun
Feb
Jan
Oct
Nov
42c
47c
5%c
6c
6,000
4c
Oct
14c
22c 27 %c
39,616
15c
July
37c
Oct
Oct
50c
Jan
1
6c
23 %c
—1
Gold
10c
45c
♦
7c
'
Mines
Kelore
Aug
8% Apr
Jun
12 % C 15 %C
12 %C
Joliet
4c
Jan
7% July
25% Oct
24% Mar
32c
15c
.lUi,
——
Nov
14%
Apr
98% Mar
9'Ac
Jack Waite Mining
'20
Mar
6%
July
4c
4%c
NOV
34c
1.00
Gold
28
3,367
53c
Co
Oct
Apr
15
13%
Uranium
1
116
50
37%
International
International
7%c Nov
Mar
12
6%
Nov
Jan
23%
6c
6c
.
Mining
111
14%
Jan
Jun
2c
25
25%
Co_
225
43%
6%
14%
—25
(John)
Inglis
28
19%
19%
£l
Nov
13
Feb
Oct
17 %c
100
Feb
4c
18c
_______
Jun
Jan
6,700
31c
common
18
3,145
%
6%c
1
Huron & Erie
7c
.
18,130
11 % c 12 %c
1
1
Indian
Jan
May
Sep
1.04
4c
Howey Gold
4 '/e
12c
15c
1
Kerr-Addison
KIrkland
6%c
7c
7,000
.
1
Golden
Gate—
12
12
12%
2,505
_1
*
14c
14c
19c
156,850
40c
40c
500
Kirkland-Hudson
1
Kirkland
1
Krkland
Labatt
Lake
(John)
Labrador Mining &
Laguerre
Exploration
1.32
12c
13c
3,000
*
Ltd
1.18
1
Townsile
25
25
150
1.20
1
Gold
4%c
Dufault
Mines—:
Lake
Fortune
Shore
Mines.*..
Lake
Wasa
Mining—
of
—1
Gold
7%c
Jun
1
1.18
11c
Jan
Jun
Nov
23
19c
Jan
25%
Mar
6.00
1.19
19,505
38c
Jun
Mar
3%c
3%c
12,500
2c
Feb
10%
10%
•2,975
10%
Nov
30c
33c
2,800
25c
May
26%
26'%
80
2,185
500
4.10 Mar
7.75
.
2%c May
La Luz Mines
!_
2.25
Larder
"U"
•
^
2.25
1
5c
1
Laura Secord
14% Mar
1
Oro
Mines
Oil
Leduc-West
2,500
Sep
7%c
Feb
6c
3,000
3c
Jun
11c
Jan
4'/2c
8,000
3c
Aug
8c
Jan
17%
Jan
14%
195
4c
4%c
55,000
3c
12
Mar
2%c July
5%c Aug
85c
90c
8,400
1.08
1.10
3,725
1.08
Nov
6c
6c
1,500
6c
Nov
7c
8c
6,000
6c
25c
25c
31c
23.800
25c
__
68c
75c
6,645
67c
31%
30%
31%
885
26 % Mar
31
29
29
180
24%
Apr
30
Oct
A _______——11%
Goldfields
1
39c
11%
11%
100
11%
Sep
13%
Jan
1.50
Feb
<—~1
______
__
*
class
*
A—_
*
:
Louvicourt
Lunward Gold
1———
_
Yellowknife
1
11c
1.80
1
—
—.
Gold
class
Export
B
Gold
76c
12%c
11 %c
32c
1
Mines
A
*
9
—
Lake
81 %c
1
1
Mines
Mines—
.1
76c
10
'
—
2.15
51c
Fields.
1.19 May
1.25
July
July
38c
1.50
10c
July
;, 20c.
6c
Aug
25c
10,310
1.80
40c
Nov
3.00
1.95
Jan
Feb
Nov
Jan
95c
26,514
15c
59,800
6c
Aug
15c
Nqv
52,200
29c
Nov
40c
Oct
76c
July
84c
11,000
10
10
375
9
7%
7%
410
4% Mar
2.15
76c
Nov
1.54
Feb
2.25
12,075
2.15
32c
19,000
12%c
24,165
1.50
3c
3c
5c
262,500
Eastern
*
Leaf
Milling
——♦
11
11
11 %
324
—1
5 %c
2%c
6 %c
9,000
9c
2c
Feb
3.15
,
July
Sep
Jah
40c
Apr
Feb
1.95 Jan
6%C NOV
Sep
11
Jan
9%
Oct
1.65
11
Nov
25c
1.52
Manitoba &
Maralgo Mines
Feb
Jah
32c 38%c
1.60
__•
Jan
59c
1
Nov
1,000
Jun
14c
88,600
22c.
1.95
Jan
16c
Sep
1
1
Magnet Consol
l"
Mar
60c
38,650
10%c IOV2C
15c
1.83
Lake
River
Gold
38c
*
—,
MacDonald
Red
—
.
—■—1
.
Mines
Macfie Red
Malartic
Feb
21 % May
6c
B
Class
,.
.,
85c
Groceterias
MacMillan
Feb
6.95
"
,r;
1.08
Long Lac
Macho
3.00
Aug
1
—■
_———
London Hosiery class
Lynx
i
5%c
14%
4c
Lingman Lake Gold Mines——_—__1
Class
16% Mar
..
Jan
Jun
*
Ltd-—
Mines
Gold
Lexindin Gold
Little
5.40 July
50
v
__1
Gold
Lencourt
860
I "J
7.0c
30
,
4c
4%c
3
Lebel
700
5.50
18%.
Oct
May
5c
.—1
—
1.95
2.50
5.50
Jan
1.36
Nov'
18%
__
__
Mines
26%
4%c
—t
Lapa Cadillac
Lapaska Mines
__
•
__
—_______
Lamaque
Gold
Lang & Sons
30c
.
common——*'.:
Jan
6%c
.
—1
Milling
Woods
Jan
1.78
.
Apr
3%c
/
Jan
22c
60c
5.65
10%
15
Oct
Nov
1.10
1.10
-—__
_
10,830
•
11%
32c
3%c
__
1
Lake
1
Gold
Marcus
Martin-McNeely __j
Massey-Harris common
Oct
17c
Nov
McCabe
1,500
3c
Oct
7%c
Feb
McColl-Frontenac
7c
July
14c
Apr
•2.70
9,600
1.95 Mar
6 %C'
2.500
4%c Aug
2.80
16c
Aug
15
Oct
2%c Nov
Sep
6%c Nov
1,100
100
108
90
100
Nov
120
Nov
52%
52%
48
49
Feb
53
Oct
10%
10%
100
10
May
11
Nov
Sep
2c
Aug
9c
25 %c
-
10c
5,000
4%c
4%c
5c
3,000
•
21%
21%
22
1,780
16
26%
27
236
24
—*
8%
8%
9
375
—*
13%
12%
13%
919
—
91
91
10
3c.,
Nov
.
31c
Jan
6c
Mar
Mar
23%
Mar
.
30
7% July
9% Mar,
Oct
90
Oct
16
May
100
July
16c
Nov
50
Nov
66
Mar
34c
29c
34c
10,212
29c'
Nov
,75c
Jan
1
——:
16c
50
16c
50%
8%c
3c 10%c
219,600
l%c
Oct
10%c
Nov
—1
13c
13c 13%c
8,579
8c
Jun
29c
Jan
18c
Jan
—
52
2,000
.
1,915
9c
9%
Oct
May
0
—5
Porcupine
Gold
—
Oct
8c
—1
McDougall-Segur
McLellan
3%c
Sep
9 %c
1
—100*
Jan
2,500
3c
A—
common
McKenzie Red Lake
20,000
8%c
class
Grain
Preferred
Feb
5c
—.
.—20
July
Jan
4%c Mar
McMarmac
Red
Lake
McWatters Gold
100
Preferred
Aug
5%c July
1
5.300
4c* '
3 %c
12c
_•
Mar
65c
1
9%c
12c 14 %C
4c
_
_
Mining
5c
5,825
7%c
Yellowknife
Mclntyre
•
Porcupine
2,600
14,400
Jun
May
4c
Goldhawk
7c
10c
70c
Sep
13%
4c
Dauch
Imperial
35c
July
% Mar
Jan
Feb
72c
^
_
9
Aug
7%c
Oil
Homer
Maple
6.10
14c
15c
Gold
Arrow
12c
Nov
3c
9% May
7%c
Mines
Oct
Jan
4%c Nov"
_
Golden
7c
6C
6% Mar
9c
,
l
Preferred
Goldale
130
Apr
_____1
—
MacLeod-Cockshutt
16%
1
I
6,700
12
3.20 May
17 % May
Apr
26c
Jun
37c
Sep
l%c
370
68c
9c
Highwood Sarcee
Macassa
«
Oil
3 %c
7,000
24c
68c
Highbridge Mining
Loblaw
May
Jun
3c
Lake Gold
1,500
9
11%
—
12
1
Nov
Feb
O
26
102
_
Globe
85
'
2,400
4.55
1
1
Lake
God's
2,400
~
9%
102
__
Gillies
Glenora
w
1
Mascot
Gold
Heva
Madsen
Bakeries
General
185
34
2%
preferred
General
115
25
5.05 May
18% May
Oct
17%
*
common
5c
2 %c
8%
8%
*
Gold
Leitch
Jan
9c
a
Jan
9%
62
Gold
July
47 %
100
11%
_
4.55
Jan
3% May
390
65c
Nov
Jun
Mar
8
5o
21
15% Mar
38
112.
25c
960
15%
..«",5c_
»
91c
1.54
Nov
Oct
3.60 Mar
f»%
*
__
Fraser Cos
Gatineau
,Vt
_
«
Manufacturing
Francoeur
112
8c
19
May
5,510
2%
__
common
Fittings Ltd class A
4.85
37 '/a
.
Products
100,310
8
—_i~
Petroleum
1.78
15%
38
100
Federal Kirkland
Fibre
15%
nil
100
4.25
•
com
Preferred
Federated
4.30
•
■
17,100
91c
1 00
•
308,150
11c
19%
G5c
0
Falconbridge Nickel
82c
8c
19%
9c
Empire Brass class A..
Eureka
Jan
31c
■.
Easy Washing Machine
5c
2%c
0
Jun
5
1.15
Nov
20c
Mines
Lake
30 %c
nil
East Malartic Mines
Feb
5%c Mar
2,000
9c 10%fc
9c
*
Oil
13% May
Mar
16%
,.
Lake
Aug
1
Oil—C.
1.10
Jan
Duvay Gold Mines
Jan
21% Mar
23%
Jun
44% May
Jun
13%
1
435
12
—1
12% May
5% July
Mar
46
24%
14%
__^_„
Gold Mines Ltd
Jan
Feb
22
12
Jun
May
40
23%
*
28
3% Mar
24%
—
27
Mar
Nov
20%
Mar
16
1
Headway Red Lake
Island
10
—
17
Mar
20c
21,950
22,700
20
__11
common
45c
6,500
53c
13%
common
Woollens
Mar
25c 26 %c
10
B__ —25
Mines
5c
20,800
33c
23%
,'
Nov
26% July
Oct
Nov
24%
•
Chemical
'i.f
38c
Jan
10c
43,300
12 %c 15 %c
;
19
1
___
•
Mar
21%
10c
*
Dominion Textile
10c
48,800
19 %c
<■
Investment
&
Tar &
1
37c
21c
Mai-
130
25
..
common
&
7c
9,000
51,000
50e
Stores
•,
May
Apr
44
Dominion
,'
19C
6c
24
—
Crest
55
Oct
25 %c
preferred
Scottish
East Leduc
Jan
13%
Dominion
East
42
3,900
*'
Foundry
East
60
8c
-Zio
Coal
Dominion
53
20 %c
Magnesium
Donaida
52%
2
Dominion
Dulama
Mai-
21c
Ltd—
Dominion Fabrics
Preferred
Nov
90c
1
Dominion Bank
Dominion
35c
Nov
23%
_
Mining
Preferred
July
12 %c
Seagrams
Dominion
18c
38c
19 %c
1
_
Lake
Distillers
Dominion
6% May
4% Mar
200
10,100
1
Lake
Mines
Jan
23%
Yellowknife
Dome
Nov
22c
,
Mines
Discovery
Diversified
31
Nov
18,275
1.05
Red
Jan
10c
20 %c
*
Lake
Dickenson
25
240
40c
35c
,
_
—i.
|
Detta Red
Nov
8c
______
class
Nickel
Jan
35c
—_1
Delnite Mines
Denison
1.60
Mar
70c
1,500
5%
154
38c
9c
Ltd
4
60c
55c
1
Home
22c.
Mines
Petroleum
Davis
Decalta
2,500
13 %c
Gold
Hollinger Consol
53
Patricia
100
85c
55c
Gold
Nov
38c
Crow's Nest Coal
D'Aragon
31
12c
5%
Pershing
Crowshore
30
10c
Mines
4%
82c
16%
Gold
Jun
3% Mar
Mar
145
17% c
Apr
18 Vac
;
Gold
32c
Oct
2%
500
151
_
common
Crestaurum
4%
85c
.1
131%
91% Mar
2,026
2%
150
Mining
Mills
9
Sep
Jun
lie
69,600
128
2 %"''
151
•
Exploration
Cournor
14c 17 %c
127%
2%
Gas
10
•
__.
Carpets
Ilasaga
Hinde
P
Consolidated Mining & Smelting
Consolidated Press class B_—
143
10
1
Highland-Bell
Bakeries
Bcattle
10
/
Nov
0
Coniagas Mines
16c
1
Consolidated
40% Mar
Nov
8
_l
Consolidated
180
10c
_1
Bridge
Harding
28c
Petroleum
Mines
;
Gold
4%c
Yellowknife
Coniaurum
42%
*.
1
Halcrow
Hamilton
5c
.
Commonwealth
42
High
Sep
15% Mar
1
Gold
28c
—„
Plow
Lake
325
Gypsum Lime & Alabastine
Harricana
Cockshutt
17%
•
Mines
*
<l
_
17%
.«
Wire
Guayana
„1
Malartic
Coastal
13c
1.10
*
500
*
Saddlery
Halliwell
12% c
—
Chromium
Low
15c
3.00 Mar
Jun
Range Since January 1
High
15c
Sep
8%
West
Low
Shares
l
Paper common
preferred—
Jan
16c
Nov
30c
8%C
Mines
Chesterville
Ford
for Week
Par
Bousquet __1
Lakes
Gulf
Chemical Research
;
■
Graham
Jan
13 %
11% Nov
7
Nov
1.40
1.05 Mar
185
Jun
1.30
July
13c
STOCKS—
High
1.20 Mar
300
7
&
:
.
Fleet
Sales
Range
of Prices
for Week
'
East
Week's
Last
Sale Price
'
Mercury
Mid-Continent
Milton
__:
Mills
Brick
Gold
*
•
Oil
—
-21%.
8c
8c
2,000
20%- 21%
395
15% Mar
21% Nov
11c
Jan
3
Jan
7c
-
Oct
*
6%c
6%c
7%c
32,100
5%c Mar
*
160
140
170
5,945
1.15 Aug
THE
Number 4753
168
Voltime
COMMERCIAL
&
CANADIAN
RANGE
Week's
Range
Shares
Friday
Low
Par
Mining
♦
Corp
Model
Oils
Moneta
Low
High
11c 11 %C
High
11%
6.10 Mar
11,875
STOCKS—
Breweries
22c
Mar
51c
Nov
40c
40c
45c
13,310
28c
Mar
54c
May
17%
19%
2,850
14
May
73
75%
255
65
Feb
76
Apr
Silver
26%
26%
65
25
Mar
27
Jun
Silverwood Dairies class
'
19%
Voting
25
Mosher
Long Lac
Mylamaque Mines
1
_
10c
10c
1
_
9%C
10c
5,000
8c
Oct
15c
8c
Oct
37c
Class
B
11%
55
10% May
14%
35
13% May
16
Jan
10
10
Apr
17
Nov
Apr
17
Nov
34
Jan
17
17
17
20
49C
43c
54c
67,900
26%
110
Sewer Pipe
class
A
26
*
10
18c
Jun
13
National
I
Trust
•
Neilsons
New
22%
10
28
•
1.95
100
103
1
5c
...
Negus Mines
(Wm)
preferred
;
Bidlamaque
6.85
470
May
Feb
Calumet
New
Jason
New
Marion
Mines—
22%
28
Mar
25 '/a Mar
190
28
103
7,175
103
Feb
24
500
100%
Apr
Nov
30
2.99
1
Newnorth
Gold
2.08
16c
4%C
2.30
54c
54c
*
1
Gold
55c-
58o
91.050
30c
Sep
38c
33 %c
40c
45,850
20c
July
48c
Jan
9%
10
986.
9% July
12%
Jan
7
7
148
7
Oct
11%
Feb
96
96
20
96
Nov
99% May
28%
7
Norzone
New
New
Nib
1
—_
Pacalta
18
Oils
103 %
Siscoe
•
27%
28%
305
24
22%
24
665
18
Mar
98%
98%
99
85
96
Mar
Vac
41c
41c
45c
16,140
34c
Mar
55c
1
Malartic
Co
(N)
20 %c
20 %c
23c
6,200
25
50
20
common
25
Springer Sturgeon
*
Stadacona
•
Mines
Standard Chemical
Preferred
Feb
59c
75c
2.30 Nov
Mar
31%c July
60c
9,850
6c
15%c Aug
31c
3c
35,500
7c
Aug
18c
1
;
21c
104,800
12c 13 'Ac
12c
Jun
81,125
7c
Sep
33c
Noranda
_5
_
3,000
15c
Oct
46c
Standard
8c
10c
53,400
Mar
10c
4c
Jan
Steel
Nov
Corp
Norgold Mines
Normetal
:
class
6%
Oil
Co
Steep
of
Canada
Rock
Sturgeon
Iron
19%
O'Leary
22c
1.04
100
*
River
Gold
Sullivan
1.50 May
Apr
Cons
Mar
58
Nov
Surl
Aug
24c
Jan
14c
4,200
Oct
24c
July
Taku
4c
May
'
Ontario
Exploration
Red
Lake
Nov
Tech-Hughes
7%c
90,000
4c
July
10c
Jan
42c
3,080
38c
Aug
55c
Jan
1.25
100
6%c
38c
,
July
3.15
1.75 Mar
1.00 Sep
23c
25c
2,000
4c
5%c
18,000
7
7
200
3% Mar
1.50
1.50
1.65
,15,593
1.40 Mar
14c
Apr
48c
2c
Aug
Ostilake
Mines
42c
41c
42c
6,500
40c
Aug
8%
1.59
5,200
92c
Jan
16c
11,000.
10c
Mar
3c
July
5c
July
<
Nov
1.45
16c 18 %c
3%c
4c
8.500
6%c
7%c
36,300
119% 119%
5
6%c
6
6
7c
.117
240
,7c
65c
1
Pacific
(Eastern!
Pacific
Petroleum
1,250
Apr
3%
.
65c
15c
1
2.20
Thurbois
Toburn
Hershey Tubes
Porcupine Mines
Pandora
90c
Tcrbrit
Gold
69c
15c 16 %c
•
26,700
50c
6,500
Mar
147/aC July
6c
500
4c
Apr
67,350
80c
Mar
25c
12c
30c
105,800
12c
Nov
'
39
0
24c
.
Jan
16c
Union
Sep
7%c
95c
95c
1
'
\
Jan
123
15
Sep
Sep
Feb
82
Nov
5 %
Oct
5%c
5%c
38%
39
"380
1.07
8,020
6c
67
1.53
Nov
2.40
Jan
500
15c
Nov
21c
Sep
13c
68,450
3c
Oct
15c
Nov
1.30
1.45
6,406
99c
Mar
8c
Nov
9c
1,600
1.20
10,175
3fc
31c
35c
4,800
5%
5%
5%
40
2.45
2.32
2.45
11,100
26c
6,700
■"
26%
__
1.12
Jan
Jan
1.99
Jan
Sep
61c
Jan
23% Mar
29%
Jun
25c
180
26%
2.05
19c
Nov
4'/a Aug
5'A
Jan
Nov
3.50
Jan
19c
Oct
49c
2.32
*
2lc
21c
1
5 Vic
5 Vac
6C
22,000
5c
July
21C
Jan
46c
46c
50c
2,615
46c
Nov
80c
Jun
5%c
Oct
12%c
Jan
79c
July
1.08
6c
July
Feb
Mines
82c
_1
8c
1,000
86c
^
12,500
class
8%c
10c
1,800
58%
58 %
58'A
150
•
89c
80c
1.03
349,400
*
Finance
9
A___——*
Resources
Gas
Class
1.15
9'/a
42%
Oct
12c
Apr
~
Oct
1.03
Nov
60
Feb
35c
Mar
A
90
B
24 %
450
49'/a
—23%.
___.
49'/a
75
10
Jan
9c
1,581
23'A
_____—.—
7'A Aug
3,660
9'Ac
30%
1
Fuel
United
Class
B
class
A
preferred
preferred--*—_
—50
25
_____—*
Hill—.
12c
Jun
30%
Nov
Feb
25
Jun
Apr
50
Nov
Nov
29
Apr
16'
45%
17'.
17
17
2.15
2.38
165
13'/2 Mar
32,548
1.15 Mar
4,000
2.40
7%c July
18
;
Oct
' 2.40 Nov
Jan
Oils
70c
Feb
United
11c
Feb
United
Steel
Upper
Canada
*
14 %c 14
•
%c
7
1,270
1.30
1.28
1.50
14,430
•
Mines—,—,—_y.
J5c
5'/a Mar
7
—_1
5.60
5.60
6.00
2,771
__.
_r
2.60 Nov
30c
8
9c
30%
Mining
1.28
Jan
8% May
Nov
2.35
5.15 Mar
7.20
Jan
Nov
Ltd
28
Feb
39%
Jan
Viceroy
95c
Nov
1.55
Jan
Vulcan .Oils
1,000
4c
Aug
7Vic
5%c
6c
9,000
4c
Aug
8c
Mar
Waite
4c
4C
5,500
May
5c
Mar
Mfg
Walker
2c
8c
1
Jan
10%
1
10'A
34c
9%
50
30c
—*
——
___—
3,800
34c
Feb
Apr
11
July
Sep
22c
36c
May
Jan
Amulet
—*
(G &
9.40
8.95
9.40
•
:
(Hiram)
Wekusko Consol
•
Malartic
1
28%
28%
29'/a
9c
9'AC
W')__
Piccadilly
Pickle
3c
1
1
PorcupineGold
Crow
3c
3c
4.60
9,883
24
3,640
33c
3,750
33c
Jun
46c
Jan
West
25,000
10c
Mar
20c
Feb
Westeel
Products
Weston
(Geo)
65c
65c
14c
10 %c
15c
1
1.86
1.80
1.95
1,500
I %c July
64c
Nov
82c
Feb
4c
1,950
155,899
Aug
16 %c
Feb
s1.80 Aug
3,007
Jan
Mines
Pioneer
_L_
Gold
Porcupine
1
Gold-.
Reef
Powell
Power
Gold
1,075
37
2.30 Aug
37c
70c.
73c
3,300
1,000
East
Dome
Flour
50
Jan
47%
Nov
88c
Jan
9.85
Oct
Mar
31% May
Aug
19 %c Mar
Feb
Aug
15%
390
II
Feb
17% May
12%,
12%
12%
715
10%
Feb
17%. May
1
1.25
1.36
8,580
1
common
1.30
6%C
6%c
1,000
10%
10%
100
1.25
Nov
8%c Mar
11
___;
_j.
{
Reeves
v
'/
Richmac
33,700
82c
37c
•
••
"
40c
15
15%
4,590
,':?%
100
87/s
Sep
2.85
3.00
725
1.02
Feb
5'Ac
8,100
4c
*
2,500
3,500
"•1
73C
__.
Gold
..15%
U
Macdonald
-
74c
80c
1
Mining
Quinte Milk class A—
Quemont
Gold
500
60c
80c *
5c
,
-Queenston Gold
t
Reno-
36c
60c
I,
1.
6 %c
(1936)
9%c
•.
8c
10c
Jan
Oct
Apr
9%:
Labrador
Quebec-Mapitou
2.10
5c
9
36c
.
30c
at
.
'*
Silk
Robinson
(Little)
Roche
Long
Rochette
A
*
——
Sep
Mar
48c
Jun
55c. Mar
90c
Gold
1
1
:
90c
4,300
,.35c
Nov
*86c
10% Mar
9%
.10
9c
1st
5c
Sep
13c
Yellowknife
9c
Oct
28c
2nd
preferred
29
50
28
Sep
33%
8
Mar
11%
SeR
8%c 15 %c
100,500
3Vic
Oct
Apr
17c
May
Aug
52c
Oct
3,000
9c
16,400
23c
25%
25%-, 25%
935
18c
23% Mar
25%
Nov
Jan
25
4,000
Feb
27%
11c
5,500
5c
Sep
16c
Mar
6c
6c
9c
43,500
5c
Mar
23c
Jan
•
19
18%
19
340
Feb
19%
1
10c 10 %c
4,100
Jun
10 %c
Nov
preferred
100
*
'
Class
class
Scythes
-
16
13
5c
102
102 102 %
10
101
Feb
49
23
23%
125
23
Nov
1
new
15
15
50
14
Oct
83
83
44
44
45
Aug
42% Aug
3.45
3.25
3.45
5,425
3.00 Aug
99
1
Mines Ltd
1
85
25
1
________—'___
& Co common
Rouyn Ltd—
6%c
7c
1,500
*
U
15%
15%
110
16
1
40
Vic
16
15 %
*
———"■
.—
Shea's
Sheep
Mines
class
15%
60
40c
42c
32,800
500
A__50c
11%
24
24%
301
12c
24%
12c
600
■11%
11 %
75
see
page 46.
50c
1.59
1.50
1.59
4,250
1
Gordon
For footnotes
•
1
;
Winnipeg Brewery
Creek Gold
Sherritt
5c
1,500
120
10
10c
Apr
lie
Mar
32% Oct
18c
20c
1,500
18c,
Aug
40c
Feb
1
63%c
66c
Mines
5c
Oct
8c
Mar
2.08
127%
Nov
2.90
Jan.
Jan
Jan
12,740
55c
Aug
81c
May
8c
8,400
3c
Oct
10c
Nov
6%
50
3
3%
150
6c
——*
3%C
117
%
62c
,
Girl
<<
6
__
*
TerMito Stock
5%,. Aug
8'A Jan
2
4%
'/a
Nov
Jan
Exchange-Curb Section
Funds
Canadian
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Friday
LOW
Par
Andian
Asbestos
Corp
::—
British Columbia
Brown
*
National
Co
—1
Preferred
Shares
Range Since January 1
Low
High
8%
27
—
Pulp & Paper com__•
common
8 Va
27
26%
Oct
Canada
and Dominion Sugar
Canada
Vinegars
103%
Sep
•
Jan
125
Sep
May
25
72
Mar
135
Jun
120
120
120
4%
4%
6'/a
3,200
105
106
155
22%
510
Canadian
Vickers
12%
13
100
23%
24
145
.
—*
51%
49%
51%
——100
133
131
133
common
—__:
.
22%
•
Industries
3%
80
Feb
6Vb
Jan
Mar
115 Ya
Jun
355
95
k
15%
10
Apr
Mar
•19% Mar
20%
126
3%
Apr
Oct
Feb
2
3%
3%
*
5
—*
Canadian Western Lumber
1.27
1.30
275
19%
19%
19%
1.865
14% Mar
4*. 200
33 %c Mar
3%
<
10
30
*
___
Canadian
High
Apr
25
100
4%
100
26% Aug
15% Sep
Canadian
80
85
Aug
Disher
48
Sep
Dominion
4.35
Westinghouse
Copper
Coast
Consolidated
6c
14
14
14
38c
Paper
2.17
2.13
2.29
24,742
20%
4,665
23
Oct
14
July
24%
Jan
59%
Oct
192
Oci.
4% May
Steel
10
*
common—
53
47c
47c
53
51c
30
39
1.00
Mar
Sep
2% May
———*
6
6
50
*
30
30%
275
27
Feb
37%
2^%
Bridge
*
53
2.25
Nov
Apr
21% May
60c
Jan
6
Nov
3 3'A May
Feb
Oilcloth
Oct
17c
Jan
Donnacona
Jun
15%
Nov
Foothills
Hayes
16%
Jan
15%
67 %c
Feb
Feb
24%
Oct
20c
&
50
36
Mar
39
Jun
21
Linoleum
Paper
21
50
20
Oct
23'A
Jan
3.60
3.75
1,65!)
Jun
4.10
Jan
—*
Oil
•
3.70
2.60
*
27
27
50
20
Feb
34
——*
20
20
125
20
Nov
22'/a
70%
Apr
Nov
Mar
Feb
May
Jun
9c July
98c
1
Oil
Steel
Humberstone
International
Shawlnlgan Water & Power
Shawkey
Feb
18c
B
Dalhousie
new
A
Aug
5,165
York Knitting class A
Dominion
Scarfe
2,968
'
new—,
Bridge
Senator
5,000 '
31
Nov
_____
Sannorm Mines
Sarnia
2,000
7%c
2.10
Jun
50
common
Gold
7%C
7c
*
Feb
9%c
St Lawrence Paper—
1st preferred new
San Antonio
7%c
__
—1—1
Bear
Yankee
Ymir
May
5c
Jan
Feb
2.20
Jan
24%
Corp—
preferred
preferred
6C
20%
Jan
12c
120
Mines
Yellorex
Mar
2.08
Wright-Hargreaves
Preferred
2nd
5c
30%
_.r_
■
1
Jan
-
10c
Ryanor Mining
Saguenay Power
4,000
30%
——-—
(Alex & James)
Feb
24%
—
St Lawrence
8c
7'Ac
101%
preferred-—100
Gold
Winora
•
~3.35 Nov
—1
1
Roybar chibougamau
Rupununi Mines
Industries
Apr
Jan
10%
40c
97%
16%-Nov
Apr
45c
43c
120
Augl
8,200
Mar
29
13 %c 13 %c
Co
Royal Bank
Royalite Oil '
Russell
9%c
99%
Feb-
52c
10%
29
____*
common
Lac___—
Oils
Roxana
class
Nov
28
-
:
1
—
May
38%
Feb
24%
98
;7%c
—1
Wingait Gold
Winnipeg Electric common
STOCKS—
Riverside
»■
«':■
<
10C
Feb
22
500
38%
,98%
1
___——
(Winchester Larder
Wood
15%
10
c
Mills
-
Oct
26%
412
7%C
37
24%
38
100
Wiltsey-Coghlan
6c
405
7%c
•
—___—*
Jan
72
Mar
15%
Quebec Gold
Quebec
Feb
56c
Feb
50c
65c 65 %c
3.50
July
1
Purdy Mica Mines-—
Puuity
-3,300
45%
•
Metals
Preston
1,350
41c
45
1
Corp
Pressed
2.60
37c
45%
1
certificates
trust
2.55
37c
•
Rouyn
Voting
2.55
1
River
«
_i—
common—:
Preferred
.
2.30
Malartic
"'1
Powell
9c
6,000
May
33c
1:
Mines
-1
______—
10c 10 %C
33c
1
Gold
Perron
i
94c
Feb
15c
*__1
Mines-
United Corp class
1
Paymaster Cons Mines
Pen-Rey Gold Mines
f'•
Apr
Nov
"
L
Partanen
'
4
13%
12c
*
Silver
1
1
21% May
1
Transcontinental
Feb
2.60
Mines
Malartic
Jan
% May
15c
8c
Mines
Traders
May
18 %c
6c
.
May
8
1.84 May
Aug
6c
2.23
Cadillac
Paramaque
Parbec
Ltd
__
1.12
Tombill Gold
Jan
2.60
*
Pamour
8 Va
97
58c
155
1.12
Gold
Ventures
Page
Jan
Oct
17 % Mar
15,085
1.33
Thompson-Lundmark Gold Mines
Jan
10%
—
Rights
Oct
68c
12Vic
•
___
Oct
Oct
__1
.;
Jan
5%c Nov
1.55
1
82
1.60
Tamblyn Ltd common
Taylor Pearson common
1
Mines
81
1.53
*
Nov
2c
4,000
United" Keno
Oslsko
82
1.55
.
8 %c
Gold
11c
•
___,
Lake
Apr
May
Feb
4%
420
1
Jun
4c
—50
Jan
1.62
5% Mar
100
1
Mines
4c
1.25
1
Loan
Orange Crush
Orlac
Gold
River
Union
Omnitrans
Mines
Inlet
1.50 Mar
1
;
Jun
30
Mar
80
7,400
14
1
19,244
*
.
5
67c
14
50c
Sylvanite
43
•
Gold
5
58c
14
1
Contact
10 '/a c
2,200
12,000
_•
Malartic
Omega
100
1
!
Towagmac Exploration
Oils
19%
75
•
common
75,500
1
Ogama-Rocklund
531
*
Mines
4c
38c
1
49c
Jun
.
39c
Mar
1.18 Mar
25
8%
1
3.15
7%C
l
O'Brien Gold Mines
Okalta
A
Gold
Bros
4c
•
common
7
83%
♦
Olsen
2.97
1
:
Nov
25
2,866
5%
*
7%c 10 V2c
_*
Mines
Mines
Star
3.10
1
Canada
Northland
4c
•
Northern Empire
North Inca Gold
North
18c
1
31
26
Nov
1.32
Mar
4c
358,000
1.20
56%
11c 14 %c
_1
__
Mines
Norseman Mines
Northern
1.20
,54%
21c
—
Mining
Gold
1.16
11c
t—__.
Nordon
Norpick
96c
56%
Malartic
20 %c
<0
83%
5%
;
Radio
Starratt
Jan
_-*•<-
^
Mines
Norbenite
53c
3,6
Mar
Apr
19c
1.08
Nipissing Mines
1.50
52c
100
Preferred
Jan
28c
8c
Mines
1.45
1.45
•
common
'___.
Sudbury
Nicholson
.
24
Sep
Nov
17 %c
17 %c
1
Feb
101V2
1
Gold
Sladen
Jun
6c
2%c Mar
51,800
17,053
16c 16 Vac
4%C
13c
Rouyn Merger
Yellowknife
70c
100
•
Stedman
New
8.50
Feb
1.91 Mar
30
5c
5c*
26% May
18% Mar
35
2.07
1.95,
2.20
1
July
9%
Standard Paving common
New
6»50
56c
pfd—100
Simp,son's Ltd class A__.
Slater
Car
Nov
16
Nov
54c
Dairies
Preferred
"
Steel
16%
11% Mar
•
Class B
16%
25c
National
11 % Mar
200
1
Western
16%
J
National
535
16
Mar
Petroleum
National
High
16%
16
*
11%
16%
*
k.
A
Class B
Feb
3,800
Mining
Miller Mines
1-4%
5
_____*
Hosiery class A
Low
16%
16
Nov
Silverwood
National Drug preferred
National Grocers common
Range Since January 1
High
16%
certificates.
Sigma Mines (Quebec)
Sllanco
Preferred
trust
Low
Shares
6.75
4,100
74
for Week
•
common-
51c
19%
Sales
Range
of Prices
Par
Slck's
Oct
46c
Locomotive
Week's
Last
Sale Price
Friday
Range Since January 1
51c
Moore Corp common
National
19
-.1
Porcupine
Montreal
11 %C
45
MARKETS
NOVEMBER
1
____
(2153)
for Week
of Prices
ENDED
CHRONICLE
Sales
Last
Sale Price
STOCKS—
LISTED
WEEK
FOR
FINANCIAL
Feb
11% July
Minnesota
Oil
&
Shoe
Paper
Ontario
common
*
59 %
59
62%
4,410
46
Mar
Paper
*
23
22%
23'A
1,605
20
Feb
4'Ac
Selections
Mar
1.60
Nov
Pend
1.43 Mar
3.20
Apr
Temiskaming Mining
Oreille
5.90
28
JurT
May
4%c
1,100
3C
May
6 %c
Jan
85
6.20
6,520
2.25
Feb
6.50
Nov
7'AC
7%C
2,COO
6c
Sep
8c.
Jan
5
46
(2154)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, November 22, 1948
OVER-THE-COUNTER SECURITIES
Quotations for Friday
November ID
Investing Companies
Mutual Funds—
Aeronautical
Affiliated
Amerex
Par
Sescuritles
Fund
1
Inc
Business
4.07
Automobile
Bid
le
3.25
Federal Land Bank Bonds—
3.59
3.48
3.84
3.05
8%
9%
Electrical Equipment shares-lo
General Industries shares
lo
7.20
7.78
Home
Axe-Houghton Fund B
8
1
1
14.39
4%
2%
15.64
Beneficial
.*
1
x91.29
18.75
95.09
10c
8
7.82
15.75
1
16.20
4.10
30.49
32.79
1%I Oct.
3.37
series
2
A
Fund
Inc
Blair
Corp
Holdings Corp
Bond
Inv Tr of
Boston
Fund
America
Inc_
Bowling Green Fund Inc
Street
Broad
Corp
Invest
(
20.27
7.83
Ltd
Fund
Century
1
Ltd
Fund
Inv
1
Trust
Shares
98
98.12
100.24
•
—_
'rl%s
98
'
Jan.
1%S
3.71
4.17
7.24
13.59
13.05
14.01
1
8.52
9.21
'Petroleum
Steel
Invest Fund
Nation-Wlde
22,
National
Bond
Inc
1949—_
Stock
Corp__
1
Priced
Bond
Preferred
Income
Stock
6.68
6.34
Dollar
Maturity—
6.54
Int. Rate
Bid
Maturity-—
7.15
Certificates
IJan.
l, 1949.
JApril 1, 1950.
1%% 100.0014
.0124
—1%% 100.0725
.0994
3.89
10
First Mutual Trust Fund
1
Fundamental Investors Inc—.—2
Firsts Boston
Corp
Fundamental
Trust
General
100.0015
V.0125
1949
100.0068
.0224
26
5.20
1
43.21
Apr.
tl%S
June
1
Stocks
6.32
5.98
5.72
6.27
—1
9.42
1,
1949
99.9637
.9758
100.0151
1949-
1,
.0321
10.32
1
7.88
stock
supply
9.01
bond
8.64
10.11
1108
1
series
10.55
11.19
Industry
1
Diversified Investment Fund.!
Diversified preferred stock—1
5.28
9.87
1
7.36
7.98
Electricial
5.81
lc
shares
.9837
U%s
6.55
1
Diversified
6.21
4.86
lo
Building shares
.0179
.0346
99.9733
15.13
i
Building
6.86
5.72
lc
»1°
100.0097
100.0131
3.66
14.11
l,
tl%s Jply
Oct.
6.39
,3.77
3.35
1949
1, 1949
1, 1949
Inc—
Chemical
-lc
shares
5.85
3.45
1
Bank
5.32.
4.96
York
Corporate
shares
Chemical
Mar.
tl%S
5.53
Aviation
46.46
Securities—
Agricultural shares
Aviation
*1%
3.55
Automobile
6.53
Group
Automobile
4.80
5.06
Agriculture—
14.81
5.66
—1
4.39
3.25
New
5.78
13.51
General Investors Trust
l
1
Selected Group Series
_1
Low Priced Com Stock
Series 1
New
England Fund
1
Ask
1949
1,
1.93
1.77
24
shares A—2
Corp—
Capital
25.33
23.43
Fund Inc.l
Industrial
Financial
16.36
3.72
Bid
-
1,
tl%s Feb.
'
Industrial Stock Series
25.28
15.30
20o
®
Equity Fund Inc_
Fidelity Fund Inc
23.64
—1
Indebtedness—
of
tlVaS Jan.
1
Series
119
Price
Ask
Treasury Notes—
6.93
1
Series
117 %
.1981
U. S. Certificates of Indebtedness
7.30
1
Series
Series
Speculative
—1
Fund
Fund
100.6
Other Issuet
Security Series—
series
Low
Baton A Howard—
.Balanced
100.4
,100.3
1949
15,
Panama Canal 3s
Securities—
Balanced Fund
National Investors
1.52
1.38
,
100.1
July
Sept.
Stock Series
25c
100.4
1
14.86
l
Ask
100.3
100.1
12.09
1
Bid
100
—
26.72
11.18
1949.
1949
7.93
24.72
^1
15.
4.52
Mass Investors 2d Fund
20,
Apr.
4.60
4.10
shares.—
.
Dividend Shares
point
a
Banks—
1%S
4.09
shares
lc
shares
lc
Manhattan Bond Fund Ino-.lOo
Mass Investors Trust
l
Loan
1.65s
*
101.4
Home
3.78
lc
5.15
Fund
3.43
1, 1955-1953
99.28
92.20
<
Federal
99.20
"
—
2%s Feb.
4.05
lo
17.03
13.92
1
12.86
2,830
Christiana
Securities com—100 x2,730
150
Preferred
100
145
5.90
Commonwealth .investment——1
5.43
15.10
Delaware
Fund
1
13.82
Chemical
32nds of
more
or
Ask
4.16
Paper
Mutual
Bullock
Canadian
4.04
3.67-
None-Ferrous Metals
5
V/2
3.66
3.77
Furnishings shares—lc
Bid
1, 1950-1948—
1, 1952-1950
1, 1953-19511
1%8 May
1 %s Jan.
17.76
Standard
Shares
Axe-Houghton
one
rt.
shares
1
Associated
©ilstocks
Figures after decimal point represent
Ask
Business Equipment shares.lc
Drug shares
lc
4.01
3.66
Par
Managed Funds—
24%
22%
Obligations Of Government Agencies
Mutual Funds—
5.03
3.72
1
Shares
Ask
4.58
1VV
10
Holding Corp
American
Bid
6.31
••Insurance
10.91
11.96
10.29
11.28
10.01
P;-- > —*
Dated
1.55%
3-T-48
13-
1-48
bl.55
1.30%
1.55%
7-
1-48
4-
1-49
1.55%
4-
bl.55
1-48
1-
3-49
1.40%
bl.55
1.55%
8-
2-48
5-
2-49
1.55%
5-
1-48
2-
bl.55
1.40%
1-49
bl.55
1.30%
1,35%
1.65%
1.55%
6-
1-48
3-1-48
bl.55
1.35%
1.65%
Due
'.
Bid
Ask
Rate
10.97
equipment..—1
7.61
10.33
'9.34
9-
Bid
Ask
1-48
6-
1-49
bl.65
1.50%
1-48
10-
1.65%
Due
7-
1-49
bl.65
1.55%
1-49
bl.65
1.55%
11-
1-48
8-
11.32
.1
Dated
8,34
—1
stock
federal Intermediate Credit .Bank Debentures
Rate'
10.24
Machinery
9.35
10.13
lc
4.42
4.80
1
9.22
Fully Administered shares—lc
7.00
7.59
Metals
1
8.75
9.59
General bond shares
lc
lo
Institutional bond shares—lc
Investing Company, shares, lc
7.47
8.10
Oils
1
15.48
16.96
Industrial Machinery shares
6.GO
7.16
Pacific
Coast Invest Fund
1
10.76
11.79
9.31
9.77
Public
Utility
7.21
7.82
Railroad
5.69
6.18
Electrical Equipment shares lc
Food
shares
shares——.—lc
Priced
Low
RR Equipment shares.
Railroad stock shares
lo
lo
lc
lc
lc
lc
Steel
lc
shares
Merchandising
shares
Mining
Petroleum
shares
Railroad Bond
shares
Plan
Income
Tobacco
'Z
2.64
Petroleum
3.81
4.15
Putnam
<fc
Republic
Russell
4.08
4.63
5.03
Scudder, Stevens & Clark
Fund Inc
!
1
Investors
1.66
lo
lc
72c
Insurance Group shares
lc
98c
Stock
lc
12.33
13.51
1
25.60
•27.82
Bond
of
Group
America
8.07
7.36
1.09
Boston—1
xG.89
13.78
(Investment
Bonds)
State
Street
Co
Trusteed Industry Shares
Union Bond Fund series A
Series B
;
Series
49
73c
26o
'
28.57
27.31
United
Income
Fund
25.36
16.31
17.80
10.02
Whitehall
(Income pfd Stocks)—,_1
K-2 (Appreciation pfd Stks)_l
15.66
S-l
23.24
17,08
20.08
17.44.*
Shares—
'
9.08
9.87
9.48
9.29
1
16,50
18.01
15.56
16.71.
Co____I
14.56
84
(Appreciation comStks)_l
(Low Priced com Stks)—1
Knickerbocker Fund!
1
11.33
B-4
4.50
Loemls Sayies Mutual
92.96
94.86
Series
Loemis Sayies
44.09
44.99
Series 1956
Unit Type Trusts—
Diversified
12.37
4.92
5.11
4.66
York
Aetna
Aetna
Surety
Insurance...
10
Bid
Trustee
10
81%
47
52
M
4--/.—
60
Alliance
American
Automobile..
10
,
2. 99
.
6.47
Independence Trust Sharea—1
7.45
American
Casualty
American
Equitable
2.12
1955—p»n.il
1
Home
Insur Co of North America
2.42
American of Newark.:
2%
American Re-Insurance
American Reserve
American Surety.,
Automobile
20
A
Massachusetts
Trust
Co
—:
99
28
29%
103%
*
107
38
%'•
42
10
Fire
37
81
National
*13 J/4
141/4
44%
46 %
preferred.B
21%
22%
0
Assur
27
-
29
28
0
!_4
:
Causalty (Detroit)—10 '
National
62%
59%
30
6%
National
Union
5
New
Hampshire
Fire
27%
29%
40.
New
.0
13%
15%
2.50
22%
24%
40
10
82
86
Northern
Continental Casualty—
10
Ornm * Forster Inc——10
53
55
32
34
General
Life
York
North
Fire
12.50
-
Fire—
Pacific
33%
Pacific
Indemnity Co
6
V
'
\
-
•
10
31%'
63
66
56
60
13
Title Guarantee
33%
United
States
10»
56
60
Reinsurance Corp
10
75
78
Republic
13%
>
20
100
Ask
1 ,275
265
2T4
28
30
15%
16%
.420
47
49%
51%
201
207
12%
37%
39%
25
A
82 %
85%
Tru*t_17%
38%
40%
67
71
25
& Trust
12
Trust
100
9%
10%
525
555
105
Security Issues
Ask
•
100'A,
•
•
:$1-M>0
r
;
10%
Par
Oil
A
Refining
Michigan Bell
Tel "i3YaS____1988
Narragansett
Elec
New England-
Powqr 3ss.i_iii.1978
100%'
&*;>
1978 .100%;
^7-7".' ■':..
*
Ohio
Power
'
)
r
11
•
■
f
-.
1
•
England Gas A Elec—•
4'/a °/o preferred
102% *
1978
101%
102%
N Y State Electric A
ser R^1982
101 Va
101%
Okla Gas A El 514%
4.50%
3%s
101%
Penna
>
Pub
1978
West. Peun Power 3s
101%'
102%
;
1978
101 %!.
102
3s
Power
1978
101%
18%
H9»/4
87
89
&
Lt
:
4.60%
IR
100
pfd_100
4.40%_100
(Indiana)—
J)
101
85
88
'
—100
(Colorado)
Reynolds
100
pfd
3.50% , preferred
Public ^Service of New
102 J/4
'
Pow
Ser
Public Service
95 J/2
98
■•
Gas—
preferred
94%
•
i
New
102 Va
Diego,Gas & El 3s
Wlsc-Michigan
'
101 J/4
Paoiflc Pwr & Light 3%s—197T
-100%.,
San
,
Kansas City Power A Light—
-4V%pre{erred
100
Kentucky Utilities 4%% pfd-ioo
3%Sil979
3s__
Pac Gas A Elec
f,
pfd.100
L
101%
f '
Ask
23 %
Laboratories
(Alari/B)
5'/o convertible preferred—.20
.
10 0 %
■'•••
Bell Tei
101%
Bid
22%
*"
preferred
cony
Dii Mont
*
100
Stocks—
Ashland
Florida Pow A Lt 4»%%
49
Providence-Washington
Fire
83%
100
10
Preferred Accident
io
20
Co_
Inc
York Trust
Nat'l Bank
Sterling National
3//;
94%
-V
7
79'%
_25
Employees Group Assoc
Employers Reinsurance.
Federal
.
Fidelity 4k Deposit of Md
Co
Public
81
99%,
Voy£ ^ LS t% ___1978
43
85
River'
Connecticut
1973-
36
2
Amsterdam Casualty
34
10
Fire..
47
Northeastern
5
4
29
61'A
-j-io
——
P>
City Bank-i*.
f
31%''
12
Cudahy P*ck4j9f:2%s.—.—1967
Northwestern
27
45
20%
Fire
New
54%
'
Recent
■■
*
10
Fire
19%
.4
^
Camden
(J
24%
.
Bid
7%
59%
Beeton
&
10
Bid
1,215
100 1,380
25
45
Trust
Morgan
77
.
.100
100
Manufacturers
40
23%
.100
Irving Trust
Kings County Trust
Lawyers Trust
•
41%
52%
,<
Bank
Industrial Bank of Commerce.lO
87
'
38
10
Fiduciary Trust
National
National
50
Federation Bank A
Trust
-V
39%
18
30%
42
33% > 35%
10.
Exchange Bank feTrustiSO
Louisiana
I
Merchants & Mfrs
16%
Par
103
.
,
84
•
—20
Arkansas Pow ALt 3%s
Ask
10
Bonding
Merchant
14%
25
10
Shippers.:
Convertible
20%
28
10
10
25
25
—,
$1.05
11
common
$2.1Q Prior preferred
New
Bankers
Bid
10
Jersey Insurance of N Y
22%
!
Guaranty^ Trust
2.44
0
49%
18%
12%
First
327
1
54
9 Va
5
Casualty.9
Ask
'25%
3.39
Par
42 %
5
Assur
American Fidelity Sc
1.08%
North Amer Trust Shares—
64
.
21%
4
1.08%
bl.15
40
Empire Trust
Sharea—
E
Series
Maryland Casualty
American
b 1.15
1949-.
312
Hanover Bank A Trust 20
Chase National Bank
15
Chemical Bank A Trust
10
Commercial National Bank A
Corn
Ask
77%
10
Life
Agricultural
1949—
17,
City Banks & Trust Cos.
Bonds—
Si
10,
Feb.
lo
'Wi.%, Vt
Casualty
Feb.
1.06%
loo
Insurance Companies
Par
1.03%
1.03%
1949
23%
100
Central
3.69
3.40
22.56
27.52
Fund—*
Second Fynd—10
1.08%,
20,
Bid
Manhattan Co__10
Continental Bank A Trust
20.68
13.35
:
the
Brooklyn Trust
1
Inc
Investment
25.23
Stks)_l
Stocks)
of
Bank of New
Bankers Trust
5.92
1
Fund
1
common
1.08%
1.08%
bl.14
7.29
Street Investing Corp
Wisconsin
18.56
18.59
I
Wellington Fund
,9.18
com
bl.13
bl.13
3,
Par
Bank
1
1
1
(Quality
(Income
1949_
Feb.
bl.13
81c
1
C
1
B-2
Jan.
Jan. 27, "1949_.
1.02%
bl.12
T
New York
78c
46
Union Preferred Stock Fund—
(Low Priced Bonds)
K-I
70c
10c
Inc
6.46
5.90
1
Investment Corp.*
(Speculative
Bds)—_1
1.00%
bl.12
1948
20%
Inves
B-3
Bonds)
Ask
1.06%
bl.12
1948_
16,
1949_.
13,
11.20
Investors
B-4
(Medium Grade
-bl.12
9,
Jan.
'
Wall
B-2
Bid
bl.13
-
0.90%
0.98%
--
19 %
Union Common Stock Fund
1
48.35
10.35
7.56
13.47
Keystone Custodian Funds—
B-l
•
Ask
bl.ll
bl.12
26,
80c
Investors Management Fund—1
Investment Trust of
2.75
»■
1948
2, 1948—
23, 1948
Dec. 30, 1948—:
Jan.
6, .1949
1_
27.48
Shareholders Trust of Boston—1
Standard
Ltd—
Aviation Group shares
Bank Group shares
Co
2.51
25.56
Selected Amer Shares
Sovereign
and
1
1
Fund
Berg Fund Inc
Bid
.
Nov.
Dec.
14.43
4.52
4.19
22.53
Investment
Dec.
6.92
25
1
5.00
1.62
Shares
15.52
0
Fund
5.37
20.84
Institutional
Dec.
Trading
(Geo)
4.44
4.60
-3
Investors
8.90
10.78
Dec.
2.42
4.94
Inc
Fund
6.31
9.84
-
8.00
7.38
Foundation Fund—_10c
Incorporated
5.82
1
equipment
5.93
5.31
8.12
Railroad
5.41
7.54
5.70
United States Treasury Bills
A'/U
1
lo
shares
Utility
10.10
—1
1
lc
shares..
Tobacco
Howe
shares
6.95
5.25
/Merchandising
103%
V?
104 %
104
105%
103%
102
104»/a
103
...
,
nv*
81%
14
14%
100
Mexico_7
Tobacco—
14%
-
Assn
of
Phila—
Fireman's Fund of Frisco
Firemen's of Newark..
General Reinsurance Corp
Glens
Olobe
Falls
5
10
5
4k
Republic
..6
Globe 4k Rutgers Fire com—15
ted
preferred1:.—
Great American
15
Phoenix
21%-
20%
(N Y)_.
(Texas)
.
St Paul Fire & Marine
Seaboard Surity...
3%
31%
'4.50 %
86%
...
2
5
10
27
29
12%
75
10
48
30%
44 'A
46%
23
27
Standard Accident
10
29%
31%
72
76
30 %
32
28%
30%
10
115
Hartford
10
32
,
118
34
U
S
U S
_—
Fidelity & Guaranty Co
100
615
Odd
change.
640
x
Guarantee
Fire
2
47%
49%
4
Fire
Westchester
a
lot
included-in
sale
(not included in.year's
range),
range),
f Flat
year's
n Admitted
to
56
73
77
35%
37%
11%
dividend,
y
Ex-interest,
to
N^--Y. Curb,
b Big yield price,
price,
k Admitted
r Cash sales
Trading privileges,
Ex-rights. H Ex-stock dividend.
•
2V4
d Deferred delivery sales
to
listing
on
(h(jt included in year's
Ufitlisted
12.
1%
wd When
delivered,
N> Y. Stock
range),
(not
Ex¬
t Ex-stock
wi When
Issued,
:
59
10
Ex
e
trading
dividemL... (Un) Admitted
Travelers
100%
93
_i
61
28%
10
5
99%
78
5%
10
10
100
Tennessee 'Gas Transm's'n Co—
4J/i% preferred
100
Texas Eastern Transmission
•
Tucker Corp "A"
33%
Security (New Haven)
Springfield Fire & Marine
-40%
'
preferred
4
11
44%
10
U S
83%
10
158
Hanover Fire—
Hartford Fire...
Steamboiler
_10
5
....
2.50
•No
par
dividend paid
value,
on
tin
May
default.
10.
tThese
bonds
are
subject to
•
,
all
Federal
taxes.
£Ex
$40
cash
/
Volume
168
Number 4753
THE! COMMERCIAL
&
FINANCIAL
CHRONICLE
(2155)
Week Ended Nov. 13
THE COURSE OF BANK CLEARINGS
Bank
clearings this
week
will
Preliminary figures compiled by
increase
an
based
us,
all
cities
of
the
United
States
a
ago.
year
Third
telegraphic advices from the chief
upon
from
with
compared
cities of the country, indicate that for the week ended
for
1948
which
it
is
possible
obtain
to
At
this
"there
center
is
gain
a
for
the
week
ended
Friday
of
Reserve
1,171,890
1948
1,395,982
1,081,856
3.8
823,677
577,875
—13.0
2,707,664
2,131,661
7.9
824,000,000
706,000,000
2,700,136
3,530 370
—23.5
Scranton
$7,853,599,846
0.6
735,419,244
691,711,239
6.3
1,083,000,000
4.6
562,200,284
Kansas city
539.946.646
4.1
San Franc!;,CO
8.3
9.4
Baltimore
319,155,911
+ 20.0
403,447.830
Cleveland
381,986,000
309,583,151
6,952,803
cities,
Fifth
240,315,195
+
+
2.3
2,843,899.965
+
5.1
$15,459,577,848
$14,972,347,968
+
3.3
Federal
890,270,231
Complete and exact details for
in
issue of next week.
our
ends
the
835,991,649
+
6,297,550
270,520,669
735,227,624
—.
Reserve
766,336,233
covered
we
the
elaborate
able
are
to
detailed
in
week
same
1947.
Outside
of
12.7%, in the Boston Reserve District of 5.2%
District of 8.0%.
of
District
3.0%,
and
by 0.6%.
the
in
Reserve
District
there
a
is
decrease
increase of 3.6%
In
;V
.
St.
the
Louis
of
Reserve
register
0.4%
but
in
furnish
we
a
summary
Week Ended Nov. 13
Reserve
Districts
York
4th
Cleveland
Bth
Richmond
6th
8th
10,190,000
8,100,000
119,560,248
92,980,680
City
■"*
Inc.
$
Dec. %
—12.7
858,166,770
766,336,233
—
4.1
398,215,885
1.1
+
+
0.6
3.0
880,774,043
4
"
500,821,865
503,113,859
—
0.5
111
York
cities
+
9.8
"'
is
an
'+
3.6
383,748,568
0.4
—
695,029,043
0.5
+
13,003,957,979
—
*
We
add
now
our
6,676,559,092
—
1.7
'■
i'V
detailed statement showing
13 for four years:-
Nov.
'
:rt
I
;
:
.
(Borings
,V
V..""
'
^
I
Massachusetts—Boston
Fall River—
.
..
Hew Bedford-
*
V.
;
\V.
-
"
New Haven—
;
v ,"
,
New Hampshire—Manchester—
-
TOtal (12 Cities)
.
Binghamton
—.
Buffalo——
Inc.
New-York—
Rochester
.
Syracuse
>
Newark——;
753,494,641
4,440,212
3,443,791
12,838,440
12,537,098
3,216,007
%
—
—
—
X
9.8
41,072,047
3.7
52,296,296
3,652,054
5.6
23,876,831
.
2,265,582
18,423,551
3.2
II,817,363
5.6
1,109,711
887,030
2.8
688,082,732
586,899,761
+ 28.9
3,646,248
3,693,015
2.4
—
+
—
+
8,013,357
11,271,805
8,253,994
5,153,347
4,560,380
+ 13.0
4,259,493
3,814,459
3,461,813
+ 10.2
3,259,222
2,771,637
3,154,081
936,735,301
965,469,212
3.0
880,774,043
732,602,445
2.0
—
(16
cities)
253,900,000
259,200,000
128,518,731
115,902,621
116,531,797
125,596,328
1,871,337
500,821,865
„
——
.
216,400,000
194,600,000
+ 10.9
97,299,684
79,188,192
7.2
89,908,004
75,629,337
2,414,910
—22.5
1,552,696
1,617,000
503,113,859
0.5
405,160,384
351,034,529
—
—
Federal
Reserve
District—Minneapolis—
8,727,757
7,675,628
277,388,201
255,628,589
95,316,048
85,482,986
—
-
+ 13.7
7,423,230
6,854,005
8.5
235,159,862
+ 11.5
74,790,439
179,837,823
57,263,763
+
1,693,232
5,503,381
409,969,729
373,300,176
+
9.8
337,589,136
258,628,840
+
3.3
—-
+ 22.5
—
6,329,750
4,684,880
5,101,945,264
Total (7 cities)
.
'/
Tenth
Federal
Reserve
District—Kaana*
Nebraska—Fremont
—.
City—
444,677
*545,000
.,
Hastings-
430,329
.
534,964
+
363,061
275,239
1.9
398,344
3.7
5,973,168
361,049
4,690,816
7.0
95,116,956
78,369,442
3.4
2.3
4,722,409
8,746,777
254,856,270
5.5
10,131,224
.
Lincoln
'
or
.
6,543,256
1945
,
%
~
117,496,563
109,837,082
—
+
5,826,939
6,034,632
11,595,724
10,434,928
290,647,029
10,670,195
3,448,710
284,211,200
1,936,602
+ 78.1
1,589,127
1,983,356
1,980,321
+. 0.2
1,851,232
1,433,131
1,400,277
449,201,449
433,481,958
3.6
383,748,568
301,819,019
Kansas—Topeka
Wichita—
$
St. Joseph
1,187,517
676,677
6,791,208
——
Omaha
1948-
1,831,182
11,290,692
—
+11.1
+
—
,
3,460,786
7,252,992
197,586,179
—6,989,108
862,902
—
5,553,158
•
Colorado—Colorado Springs
Pueblo
—12.6
5,184,675
<
,
,
Total (10 cities)
Eleventh
7,479,547
7.6 ;
20,441,545
17,225,459
:
—20.6
8,286,461
5.8
24,455,700
Galveston
17,928,600
+10.4
1,210,470
999,301
—
—
'
5.2
498,915,211
\
•
-
'7,277,980
19,530,283
3,058,122
+ 35.3
—
6.9
'1,704,083
2,024,719
83,517,814
Federal
Reserve
6,327,398,887
—12.9
6,369,807,485
5,782,086,445
20,227,858
—rl4.3
19,010,144
14,522,901
12,496,222
—14.0
10,583,206
10,755,091
+ 19.7
8,961,792
728,707
14.7;;
718,252
1.4
-
8,376,971
-
6,574,627,127
—12.7
+
21.3
4,696,000
3,529,000
+ 22.6
2,762,740
2,504,228
9,919,384
+
5.0
8,730,298
6,962,829
282,401,232
0.4
239,060,300
188,533,066
4.7
90,779,684
92,109,348
97,093,884
4,220,023
140,641,080
51,260,300
-
49,957,464
10,422,530
10,059,242
8,523,838
San Jose
365,953,743
10,402,030
—
8,435,101
363,707,396
Pasadena
San Francisco'
<
92,77(^,616
3,523,809
—
11,012,535
+
3,988,362
0.1
99,335,937
73,342,758
+
2.6
41,508,026
32,125,614
+
3.6
+
1.1
7,673,751
5,770,429
0.6
367,413,789
10,993,621
309,503,754
2,741,741
6,759,461
—
—
—
5.5
8,468,166
—
Stockton
Total (10 cites)
.
4,295,397
3,856,938
+
11.4
3,530,028
8,839,499
Santa Barbara
3,576,268
—16.5
8,122,301
+
8.8
8,528,792
+
8,368,083
8,952,653
698,534,347
695,029,043
0.5
642,220,156
543,250,109
12,072,905,867
—
13,003,957,979
7.2
12,503^780,748
10,884,031,709
6,563,063,003
6,676,559,092
1.7
6,133,973,263
5,101,945,264
7,943,856
'■
630,086
38,718,388
-
4,962,000
3,117,561
140,465,664
-
Grand
Total
(111
cities)
Outside New York
—11.6
—
20,039,044
District—law Francisco—
California—Long Beach
1,360,651
50,447,414
151,209,000
23,669,303
281,410,278
Oregon—Portland
Utah—Salt Lake City
1,016,021
1,805,755
41,769,038
4,288,965
193,045,000
6,019,000
3,821,368
'
—
Total (6 cities)
64,450,937
~
4.S
36,912,875
6,156,959
0.8
7.8
10,418,294
—
Wichita Falls
Louisiana—Shreveport
Yakima
7,250,653
2,565,254
—20.9
49,765,454
+ 15.1
—
—
.
*
—17.3
+
29,515,770
436,594,783
24,974,750
1,711,933
—
228,389,000
■
84,103,637
2,399,935
6,497,517
226,458,039
27,214,028
i
Dallas
3,898,653
Fort Worth
—
+
Reserve District—DbIIb*-—
Federal
Texas—Austin
Washington—Seattle
2,289,360
5,740,826,020
1,161,291
!
41,422,767
6,610,403,003
5,963,030,163
1—
31,944,156
48,036,080
♦Estimated.
tNot
Total (12 cities)
13,867,942
1,226,774
$
7,335,121
1.1
835,499
—
Northern New Jersey-
28,361,433
13,429,579
37,558,000
4,776,766
+ 20.9
12,879,481
^—++—
Connecticut—Stamfords———
New Jersey—Montclair—
26,777,789
:
._
4,220,139
50,635,000
8,678,750
+ 18.2
759,584
17,341,260
—
;
•3,853,126
.
5,348,465
3.9
—
10,493,601
10,743,585
'
54,855,948
3,710,655
Helena
374,910,236
5,509,842,864
.
49,501,767
A
4.3
+ 15.4
—
5,847,510
2,791,756
-422,358,025
•
•
6,333,938
54,885,000
"4,023,929
3,027,917
4.4
-^-
510,941,607
1,354,588
Jamestown—
6,063,778
52,748,000
6,746,751
12,664,622
-
'878,979
,7,261,336
:
3,522,817
1,011,133
1,303,025
69,587,496
6,031,135
5.8
3,449,036
11,279,055
2,846,733
-
I,466,388
9,244,534
+ 15.1
1,776,108
23,732,000
26,426,825
2.4
—
7,873,571
Federal Reserve District—New Yarfc—
York—Albany———
6,159,720
732,408,868
Twelfth
New
+ 23.7
—16.1
1,402,383
11,243,198
5,168,681
4,311,204
543,250,109
-
Second
1,734,823
10,971,378
3,649,448
4,268,083
22,304,348
•
453,483,018
District—Chicago—
St. Paul
1,827,053
"
1
Reserve
Minnesota—Duluth
6,016,913
484,578,976
-
i
552,905,569
9,643,840
1,796,935
>
0.6
+
3,438,080
6,629,350
1,439,043
97,568,344
4,962,202
—17.8
'
361,528
114,524,425
Montana—Billings
—11.7
8,960,101
4,836,624
459,986
0.2
North Dakota—Fargo...
2,128,598
22,357,800
—.
Federal
Total (4 cities)
'
Rhode Island—Providence—
6,214,948
5.0
South Dakota—Aberdeen
7,519,860
:
5.4
188,533,066
6,637,093
20,613,245
64,759,868
301,819,019
—13.1
*
4,854,216
Oorinecticut—Hartford—-—i.-—.
75,613,182
—
607,633,863
Illinois—Qulncy
258,628,840
1,750,000
-
Worcester—
'r
V
._
Springfield
2,663,221
54,349,324
+
544,089
Minneapolis
—12.3
1,843,403
751,019
3,021,305
3,407,793
68,416,126
101,468,161
611,285,596
4,011.227
9.9
10.5
6,862,676
101,243,052
11,809,975
6.6
+
—
87,972,487
.
•
4.1
—
73,480,220
7,229,955
_
Tennessee—Memphis
10,884,031,709
Dec. %
427,760,663
2,178,689
—.
-
—
78,744,951
_
.
14,108,744
732,602,445
1,962.902
409,124,249,;
Lowell
68,645,722 "
Kentucky—Louisville..
351,034,529
4,795,011
-
167,700,000
.
Missouri—Kansas City
4,207.492
46,412,829
211,800,000
453,483,018
„
6,133,973,263
A
Week Ended Nov. 13
1947
''
1,706,029
-
Portland
54,349,138
4.1
+
Eighth Federal Reserve District—St. Leal*—
First Federal Reserve District—BotUn—"
Maine—Bangor
..
Missouri—St. Louis
12,503,780,748
',
'!
1948
^
7.8
+ :13.0
^
_
_
Total
the figures for each city for the
.
5
.
at—
;
■
15,581,622
246,500,000
•
•
week ended
14,363,923
324,057,648
642,220,156
7.2
6,563,063,003
v
+
256,500,000
Springfield
599,897,974
239,060,300
282,401,232
12,072,905,867
■>'
324,057,648
Decatur
731,100,115
.
337,589,136
433,481,958
-
698,534,347
City
"
373,300,176
281,410,276
388,306,194
Sioux City
Ninth
449,201,449
-
-
"
10
-
New
"
l.l
_
Illinois—Bloomington
5,963,030,163
<
405,160,384
"
398,215,885
Iowa—Cedar Rapids
$
552,905,569
—
6
57,326,122
District—Atlanta—
Terre Haute
436,594,783
1388,306,194*-
607,633,863
10
161,133,247
67,634,678
Wisconsin—Milwaukee
1945
.'v706,531,414
965,469,212
—
Reserve
South Bend
loss
a
mV-V.
6,610,403,003
8.0
409,969,729
2,781,763
185,^88,744
Rockford
498,915,211
—
"
3,246,910
3.9
4.2
66,482,220
Peoria
$
5.2
—
611,285,596
"7
4.2
Indiana—Fort Wayne
District
1946
or
936,735,301
7.
3,250,620
66,697.452
Indianapolis—
there
•
i
893,407,784
"
1,735,836
195,212,116
4.729,351
Seventh
Minneapolis
Reserve District
('
510,941,607
7^5,227,624
2,285,614
CLEARINGS
-
402,753,010
599,897,974
0.7
Chicago
821,561,674
"
706,531,414
2.0
Michigan—Ann Arbor
Grand Rapids
Lansing
by 4.1%,
Reserve
"
City
-
Outside
Dallas
"
Francisco
Total
the
16
—
San
the
in
-10
Louis-—,.-—
Kansas
In
but
6,574,627,127
—6
—
Chicago
11th Dallas
12th
7
—
Minneapolis
10th
smaller
are
5,740,826,020
"
4.1
9.3
Des Moines
0.5%,
1947
484,578,976-
"
—-——11
Atlanta
St.
Cities
12
Jrd Philadelphia
8th
$
I—12
230,124,905
3,388,457
Total (10 cities)
larger by 1.1% and in the Atlanta
of
'■
BANK
1948
1st Boston
New
OF
237,074,642
—
4,013,037
Mobile
Philadelphia Reserve
totals
by Federal Reserve Districts:
/ .[
SUMMARY
7th
Kansas
/V
...
2nd
District
the
2,866,480
4,260,392
5.9
—
63,873,035
Louisiana—New Orleans
and in the San Francisco Reserve District of 0.5%.
the/following
Federal
are
Federal
Alabama—Birmingham.
We group the cities
in the
and
gain of 9.8%;
a
6,069,308
2,828,832
Macon
the week
—
In the-Chicago Reserve District the totals record
totals
3,321,988
loss of 1.7%, the bank
a
12.9%.
In the Cleveland Reserve District the
but in the Richmond Reserve District the totals
Reserve
24,123,500
+
11,347,000
Augusta
according to the Federal Reserve Districts in which they are located and from this
it appears that in New York District
(including this city) the totals show a decline
of
1.2
0.2
—13.3
—
402,753,010
Florida—Jacksonville-
7.2%,,the aggregate of clear¬
decrease of
a
18,505,300
4,608,653
202,814,516
Georgia—Atlanta
present further below
we
this city there was
clearings at this center having recorded
215,683,434
118,879.865
Nashville
ings for the whole country having amounted td $12,072,905,867 against
$13,003,957,979
in the
30,336,400
3,092,228
Columbia—Washington
Mississippi—Vicksburg
decrease of
a
the week
as
has to be estimated.
cases
give final and complete results for the week previous
was
123,848,810
276,367,373
11,576,000
Tennessee—Knoxville
statement, however, which
ended Nov. 13., For that week there
Sixth
by the foregoing will appear
today, inasmuch
Accordingly, in the above the last day of the week in all
In
153,196,827
4.6
—
118,008,774
Total (6 cities)
not available at time of going to press.
are
6,377,776
0.1
—
District—Rlehmeai—
Maryland—Baltimore
3.4
We cannot furnish them
Saturday and the Saturday figures
2,608,377
—14.7
3,889,598
Virginia—Huntington
6.5
+
week
8,150.292
254,657,845
Richmond
$16,340,848,079 $15,808,339,617
Total all cities for week.
731,100,115
5,460,827
Virginia—Norfolk
District of
day
858,166,770
3,880,801
9.8
$12,120,448,003
2,987,775,623
cities, five days
one
8.0
—
153,628,261
South Carolina—Charleston
Total all
All
4,864,951
293,513,463
I
Total (7 cities)
West
!
6,667,500
0.2
263.806,170
Z
4,986,912
6.7
—
0.1
—
$12,471,802,225
...
7,541,240
153,535,071
Pennsylvania—Pittsburgh
383,129,001
7.3
280,027,477
30,712,800
Youngstown
331,900,000
Pittsburgh
4,148,614
—
893,407,784
Mansfield
319,845,015
329,300,000
—19.7
8,125 ,474
—
—
Reserve District—Cleveland-
Columbus
346.250,289
2,127,023
4,603 ,265
6,463 ,321
Ohio—Canton
360.300.000
St. Louis
4,050,232
2,587,834
6,030,810
Cleveland
Boston
2,135,952
4,524,132
7,532,023
Cincinnati
1,133.000,000
Philadelphia
902,487
2,688,271
821,561,674
Federal
714,645
9.8
5,228 ,098
3,695,564
Fourth
—
2,944 ,824
York
1947
+
6.4
4,713,294
2,754,910
Wllkes-Barre
$7,902,343,347
Chicago
Other cities, five days--,
+ 28.1
—20.9
788,000,000
Total (11 cities)
;
915, 000
New Jersey—Trenton
Week Ended Nov. 20
%
1,090, 793
Delaware—Wilmington.
New York
1945
$
1,073, 768
3,432, 871
856,000, 000
2,985,912
Philadelphia
Reading
Clearings—Returns by Telegraph
1946
'
862,473
Lancaster
Our
or
Dec. %
1,114,662
Bethlehem
comparative summary for the week follows:
Ten cities, five days
.,Inc.
District—Philadelphia-
Chester
weekly
0.6%.
Federal
Pennsylvania— Altoona.
Saturday, Nov. 20 clearings
clearings will be 3.4% above those of the corresponding week last year. Our prelim¬
inary total stands at $16,349,848,079 against $15,808,339,617 for the same week in
1947.
1947
«•"
I
show
47
included
4Not
available.
in
totals.
48
(2156)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, November 22, 1948
PARTIAL
Foreign Exchange Rates
Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies
daily
the Secretary of the Treasury the buying rate for cable transfers on the different countries of the world
We
give below a record for the week just passed:
*
"
'
Algoma
5%
to
FOREIGN
EXCHANGE
RATES
CERTIFIED
NOV.
,
RESERVE
FEDERAL
BY
12,
1948
TO
NOV.
BANK
TO
TREASURY
UNDER
TARIFF
ACT
OF
Terminals, Ltd.—
mortgage deb. stock and
1st
Maine
and
Noon
Buying
for
Rate
Cable
Power
In New
1930
York
General
Hanna
Money
Steel
Nov. 13
Argentina, peso—
For
■
"regular','
Nov. 15
*
products
Nov. 16
S
.297735*
NOV. 17
'.297733*
For
"non-regular"
For certain
Australia,
products—
industrial
Belgium,
.251247*
.200006*
Closed
3.212313
1st
.022850
.022850
.022850
.022850
.022350
.054400
.C54406
.054406
.054406
.054406
1.000000
1.000000
1.000000
1.000000
1.000000
.925267
.924921
Riverside
-
Free
.927500
koruna
Denmark, krone
England,
France
pound
sterling
.924375
.020060
.020060
.020060
.208535
.200535
.208535
4.031367
4.031484
4.031484
4.031484
Closed
Union
.004671*
.004671*
.003176*
—
.004671*
.003178*
.003180*
.003180*
Club,
G.)
1st
&
Co.
of
mtge.
Bros.
Film
.301678
.301678
.301678
.301678
.004671*
-
A.
P.
W.
6%
r
convertible
.145010
.145028
Appalachian Power Co., 6%
.375725
.375725
Butte
1.000000
1.000000
l.OOOCOO
1.000000
.925000
Union
of
South
Uruguay,
Uruguay,
Uruguay,
Uruguay,
.922812
.922201
3.991542
3.991542
.201580
.201580
.091324
.278228
.278228
.233629
.233629
Closed
4.007500
4.007500
4.007500
.658300*t
.650300*)
.658300*)
.588223*t
.588223*)
.588223*)
.561799*t
.561799*)
.561799*)
.561799*)
.—
.531909*t
.531909*)
.531909*)
.531909*)
thousands
of
4.007500
.(•'+•'•>
:
fund
for
F.
'
r;"
19,999
+
+
$
1,634,258*
3,054
627,249
22,342,677
55,493
16,945
+
260,700
Industrial loans-
9,765
8,152
282,153
advances
and
decreased
6%
44,249
decreased
973
1
-
:i
862
..+Y
;
r",'
4,941.444
!
6.033,819
798,200
——
11.156,309
—
—
—
—
—
35,800
86,000
—
7 ,959,480
1948
1
,182,086
+ 10.
365,198
—
25,400
515,300
67,179
Assets—
Loans
Investments—total
and
Commercial,
Total
U.
S. Govt.' securities-
22,929,772
—214.379
loans
707,832
Loans
Total
loans
Due from
F.
R.
and
Notes of
other
—259,623
789,834
49
banks
136,385
items—
3,733.910
premises
Other
23,212.898
foreign banks
Uncollected
Bank
securities—
•f-
8,822
5,021
426,657
32.236
+
13
+
5,220
152,945
Total
assets———
—
.50,436,199
+ 730,912
+
notes—
24,639,861
—
+
91,784
—
431,315
Deposits:
Member
bank—reserve
acct.
19,952,523
U. S. Treasurer—gen.
Foreign
acct.
1,550,887
+
"7,731
+
30.694
471,726
+
37.334
+
66,704
—
90,896
Other.
428,980
Total
deposits—.
capital
zerves,
note
31,511
+
785,058
12,418
49.659,484
361
+
2,890 505
+
8,278
+
724,424
+
2,874,917
200,124
:
+
8
27.543
accounts
100,859
+
5,562
+
448.189
8,366
+
+
6,480
88
+
55,092
+730.912
+
Contingent
liability
purchased
respondents
Commitments
for
315
S.
make
0.1%
42
—
129
—
200
banks
.
10
7
+
669
58
+
55
237
:
—
loans
:
Government
7
478
-
loans
—
13
3,874
—_
securities—total
—
+
3
15
notes
bonds
24,787
securities
Reserve
with
in
Reserve
Banks
+
—
38
—
Federal
+
7
4,196
—
14,584
37
2,208
—
51
850
—
42
vault—;
Balances with domestic banks
+
—
—
258
indus¬
6.104
U.
Government
321
46,928
482
Class
B
j
7%
6,215
of the
statement of weekly reporting
Federal
Reserve
System
in
member
leading cities
shows the following principal changes for the week end¬
ed Nov. 10: Increases of $168,000,000 in
commercial, in¬
dustrial, and agricultural loans apd $321,000,000 in de¬
mand deposits
adjusted, and a decrease of $124,000,000 in
United
States Government deposits.
275
Colortype
Extra
347
industrial, and agricultural loans in¬
creased in nearly all
districts; the principal increases
were $65,000,000 in New York
City and $46,000,000 in the
San
and
Francisco
purchasing
District.
or
Loans
carrying
other securities
to
United
brokers
States
and
dealers
Government
increased
$49,000,000 in New York
City and $50,000,000 at all reporting member banks.
Export
American
Fork
Hoe
75C
27
18
31
7
221
and
deposit accounts,
U.
S.
Govt,
4 V1V0
Holdings of Treasury bills increased $49,000,000 in the
Chicago District, $47,000,000 in the San Francisco Dis¬
trict, and $76,000,000 at all reporting member banks, and
&
Hair
&
1948,
individual loan
items
reported
are
deduction
of valuation reserves, instead of
Year-ago figures have been adjusted to
net
a
as
gross
Home
American
before
(quar.)
preferred
American
La
gross,
Stock
previ¬
basis.
American
Co.
Redemption Galls and Sinking Fund
($16
Below will be
preferred
and
found
including those
called
list of
a
common
corporate bonds, notes,
stocks
called
under
for
redemption,
fund provisions.
for
sinking
redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
The date indicates the
7%
Smelting
OF
TENDER
Ashland
Date
Page
Light & Traction Co.,
preferred stock—Dec
6
Buildings Co., 1st mtge. bds., due I960—Dec
1
ClevMand, Cincinnati, Chicago 8: St. Louis Ry.—
St. Louis Division
1st collateral
trust
mtge. bds.-—Nov 26
Compania Salitrera do Tarapaca y Antofagasta—
Income bonds, series A to N, inclusive—
-—Dec
2
Illinois, Central RR., 4% gold, bonds, due 1952—-—-Dec 27
Bush Terminal
Missouri Pacific
1st
National
RR.
mortgage
Union
Central
Branch
Union
Mortgage
4%
(unattached
Transportation
mortgage 3%-G%
to
due
bonds)
Jan
1
543
—Jan
1954
l
548
series A,
due
2039—Dec
13
2012
&
Belknap
1
12-
2
12-15
11-30
l-lo
12-31
12-15
11-30
1-
3
12-20
1-
3
12-20
12-14
12-
1
12-20
12-
8
12-17
12-
1
12-
11-26
div.)
shares
held.
—
Corp..
$1
8
12.-15
35c
1-
35c
1-3
3
12-
1
12-
3
12-3
3
12-
3
12-15
1-15
12-15
$1.50
(quar.)
11-
$2.25
(quar.)—_
$1.75
$1.25
.
12-15
$1
12-15
1-14
t20c
12-15
25c
6
12-
1*
12-
1*
l2-3i*
12-
3
1-3
12-20
1-
12-20
3
27'/2c
preferred
G%
Gear
(quar.)
pfd. (quar.)
conv.
Refining,
common
preferred
Inc.
11-19
1-
2
1
12-15
11-29
12-10
11-22
50c
12-10
12-
40c
(quar.).
11-29
12-15
20c
Inc..
(year-end)
12-15
30c
12-
1
11-20
12-
1
11-20
12-
1
11-20
40c
...
(quar.)
4IV4C
1
25c
12-10
12+ 1
2%
12-1C
12-
$1
dividend
12-22
11-27
1
RR.—
preferred
Ties,
Packing
(resumed)
Inc
12V2c
(quar.)
:
Hardware
1
30c
(quar.)
Ohio
12-
12-1
12-
7J/2c
(quar.)....
com.
12-15
12-15
5GV4C
(quar.)
Industries,
Works, Inc.,
preferred
Beech-Nut
1
12-
3
50c
Co.,
Beau -Brummell
12-
3
1-
Electric
(quar.)
4V2%
Extra
Co.—
bds.,
Co.
non-cum.
1-3
12-1
25c
(initial)
(stock
—
&
3
1-
$1.73
Picture
Baltimore
Corp.—
Co.
(quar.)
Extra
1
10
Mcchine
Foods,
1
75c
Corp., Ltd.—..
Mfg. Co., com
(increased).
Motion
$1.65
1
1-
$1.75
Voting
B/G
12-
$1.50
common
Automatic
2005
12-15
50c
——
Co.
each
Co.,
convertible
Automotive
Ry.—
Dec
20-yojr collateral trust bonds, series A,
Consol.
Pac.
bonds
Mfg.
1'
$1.25
—.
Oil &
12-
$1.12 W
—_
(year-end)_
(quar.)
Associated
1899
Stcck
Special interest notes
Philadelphia
$1.20
12-15
30c
(quar.)
Equipment.
Artrraft
NOTICE
Company and Issue—
Woolen
preferred
Er-tra
Aro
12-15
50c
Sugar Refining, 7% pfd. (quar.).
Surety Co. TN. Y.)
(s-a)_
i—.
Telephone & Telegraph (quar.)
Electrical
Apex
Apex
12-31
56c
——————
National
1
12-
87V7C
(yeo,r-cnd)_
Gas
Finance
Co.
preferred
Andian
;
—
V $4 convertible prior preferred
7%
12-
30c
—
Assurance
Traction
par)
American
1
12-15
12-15
12-20
,
Fomitc—
National
American.
12-
30c
—-
Madison
Stores
Extra
12-15
20%
&
of
American
12-20
$1.50
dividend
American
,
12-20
2
$1
(quar.)—.
France
Light
2
1-
$1.25
(quar.)
common
Steamship
Fire
share
One
11
1-2
37V2C
Co., com.
Felt,
American-Hawaiian
20,594
12-20
2
$1.75
—,
-
.'
2nd
$6
accounts,
week
1-
,
A
Inc.
Common
except
12-15
12-20
$2.25
(quar,)—.
preferred
preferred
American
2
1-2
25c
.——
Lines,
convertible
11-30
1-
25c
;
—
——
3 % 'a
American
1405
12-10
75c
Co.—
—
371
205
interbank
4%
50c
25c
quar.)—.
287
9,252
1
1
11-30
Co.—
(increased
Year-end
1
1
12-
—
Cyanamid
1212-
-
—'
—
———
12-10
1
12-22
—
Co.
12-15
25c
—
American
12-
2
1-
12-10
—
(quar.)
12-
2
1-
12-15
preferred
(quar.)—
i
Cigarette & Cigar, com. (qu,ar.)_
preferred
2
1-
$1
non-cura.
6%
22
Holiert
80c
(quar.)
———
Extra
2,404
American
Commercial,
for
—-—
American
27
When
Payable of Ree.
$1.12',2
(quar.)——
(quar.)—1.—
Extra
1C
—
preferred
■
-
$5
—
—
124
Foreign banks
demand
6%
common,
when
v.
———„—,——_
Bem'ocrg,
4V2 0
preferred (s-at,
American Car & Foundry
657
604
are:
v.!
Association.--
_j
American
banks
week
fouar.)
XZIVzC
preferred (guar.)-,
}62»/rC
Works, Ltd. (interim) —J25c
1,473
Borrowings
table in
'
this
Share
14,903
deposits-.
second
a
in the week
—-
Common
deposits adjusted
deposits, except Government
167.
§Vol.
.
Ltd.—
Paper Co.,
Extra
1,647
Notices
condition
&
Packers
American
4,515
1,441
Condition Statement of Member Banks
with
preferred
American
Demand
165.
1149
1260
-
previously announced, but
Company
American
1.174
follow
we
announced
Amalgamated Leather,
Liabilities—
to
tVol.
166.
prior
Extra
9
0.9%
1.858
trial loans
The
Then
Allied
cor¬
—
tVol.
Alleghany-Ludltim Steel, common (year-end)
$4.50
preferred
(quar.)
Mills, Inc
—J.
66
4 028
securities
•(■Beginning June 30,
+
92
397-
bills
on
foreign
-
to
obligations
1,658
Debits
issue.
.
Glove
Alaska
purchasing or carrying:
Government obligations
1149
Anytime
show the dividends
dividends
01.50
4.420
S.
this
1
1
are
week.
we
Power
*2.50
Acme
Treasury
i.e.,
49.12;
1,363
51
Cash
due 1951—
Per
for
ously reported.
combined
+
securities
Dec
■
grouped in two separate tables. In the
bring together all the dividends announced the
Name of
2,944,025
gUIt?' teftificate reto deposit and F. R.
liabilities
168
76
S.
in
1803
Dec
/
Investment News Department"
Abitibi
pur¬
2,454
U.
Ontario^—
declared.-
1,933
33,319
Other
in
1907
1
Dec
which have not yet been paid. Further details and rec¬
ord of past dividend payments in
many cases are given
under the company name in our "General
2,107
—
1
'
we
which
carrying:
Government
estate
during
50.436,19y
+
+
+
§1591
1
Dec
—
2,559
136
Treasury bills
Treasury certificates of indebtedness
424,005
—
for
12004
Anytime
of Colorado, 3% debs., due 1962.
Episcopal Corp. for the Diocese of
mortgage 5s,
current
agricultural
and
dealers
Interbank demand deposits:
Domestic banks
Total liabilities & cap. accts.
Batlb *5T'
+
3 133.C85
2,885,003
Accounts—
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Other
48,837
+
and
Time
liabilities——.
Capital
—
22,444,110
Deferred availability items
Other liab., inch accrued divs.
Total
5,343
S.
—
Co-
debenture bonds, due 2024——Jim
Co., preferred stock
^_Jan
—
Other
Reserve
or
S.
Loans to
U.
Liabilities—
Federal
industrial,
loans
U.
2,944,025
2010
Power
Co.
Catholic
The
137
15,583
Other
Real
1st
Corporation
25,112
brokers
Other
Other
959
217,344
——
assets-
U.
4%
164.
first
1947
149
1
1257
first
and
24 863
—
to
chasing
46
+ 948,775
62,378
—
Loans—gross)—
1692
1901
A, due 1954—Jan
1
preferred stock—
Jan 14
(in millions of dollars)
Loans—net
1
1
DIVIDENDS
Nov. 3,
1948
Bills
12142
—Any time
Pennsylvania Avenue Corp.mortgage S% income bonds——
Dividends
Dec. (—) Since
Nov. 12,
Nov. 10,
'.-
12410
Cement
•Announcement
Inc. ( + ) or
469
—
1477
due 2024—July
1
1951
= -Any time
A,
due
So.
IVol.
the assets and liabilities of reporting
of
summary
5s.
Electric
6%
Portland
General
member banks follows:
U. S. Govt, securities:
Notes
series
mtge.
mortgage bonds, dated Dec. 1, 1939—
and 4% note issue, dated Dec.
1, 1936
Tennessee Coal, Iron & RR. Co.—
*
'
Certificates
debs.,
1st
3Va%
deposits adjusted increased $194,000,000 in
City, $111,000,000 in the Chicago District, and
$321,000,000 at all reporting member banks, and de¬
creased $51,000,000 in the Cleveland District and $43,000,000 in the Boston District.
United States Govern¬
ment deposits decreased in nearly all districts.
Demand
deposits credited to domestic banks decreased $76,000,000
in New York City and increased in most of the other
districts; the net increase at all reporting member banks
was $27,000,000.
A
Co.,
Jan
bonds, due 1949
money
Power Co.,
1st
$38,000,000.
Paga
1
1955—
Light, Heat &
bonds, due 1949
110
Holdings of
83,333
—
Acceptances purchased
Bonds
due
Co.,
Gas
Purchase
.531909*)
$67,000,000 in New York City.
securities"
''other
1 578,765
:
cash
Discounts
1947
R.
.
Total gold ctf. reserves
Other
$
22,215,428
Nov. 19,
1948
$
certificates———
or
since
NoV. 10,
17,
1943
1
F,
&
Pacific
Demand
dollars)
Increase
i
CALLED
Power
Ohio
New York
decrease (—■)
Nov.
notes
ISSUE
York
Roman
Reserve Ranks Combined
Redemption
1406
7
Mortgage Corp.—
collateral trust bonds, series
Public Service
Statement of Condition of the 12 Federal
"
22
Dec
Weight Corp.—
Alexandria
Assets—
Nov
stock
pfd.
Brunswick
4 %
Gold
1487
New
tApplication depends upon type of merchandise.
(In
1908
1
Union
20-year
.561799*)
"
1803
1
Dec
New
.538223*)
——
Sash
National
.658300*)
.588223*1
——
—
———
.233629
.233629
Power
1st mortgage
.091324
.273228
Electric
National
.040321
.040325
.658300*t
—
—
rate.
.091324
.278228
4.007500
pound,
—
.091324
.233629
^
..
•Nominal
.921875
.201580
"
.040312
.040315
26
I960-—Dec
Country Life Press Corp., 6% preferred stock
—Dec
Denver & Salt Lake Ry.—
1st mortgage 4%
bonds, series A, due 1950
—Jan
Minneapolis Gas Light Co., 1st mtge, 4s, due 1950
Dec,
3.991542
.201580
.091324
„
peso——
.921875
3.S91542
'
.278223
—
peso
peso
Closed
.040312
Africa,
peso
Nov
due
,
.375766
.201580
548
1907
debentures
bonds,
5%
series
.145010
3.9S1542
1
1
Date
notes,
.145010
—
1950-——Dec
Paper Co., Inc.—
l.OOCOOO
.
1801
—Dec
'
:
2009
1
bonds, due 1950
.375811
Newfoundland, dollar—
New Zealand,
pound—
Norway, krone
Portugal, escudo—
Spain, peseta
_—J
Sweden, krona_
Switzerland, franc—
15
1961
due
Corp. prior
Ltd.—
Canada,
mortgage 4VzVe
4%
Inc.,
.145010
—
1800
Dec
Dec
due
i960
Ry.—
.375616
..
1693
1
Company and Issue—
.003178*
.301G78
.
India, Dominion of, rupee.
Mexico, peso—
1
Netherlands,
guilder
Official
debentures,
series, due
1st mtge. 4s,
ENTIRE
_
1799
1
4.031484
.004671*
'
1
Dec
3%%
Century-Fox
Gas
1st
(Metropolitan), franc—
Official
Free
(A.
Twentieth
.020C60
.208535
Northern
Golf
Spalding
.924375
.020000
.208535
Czechoslovakia,
&
mortgage
_Dec
bonds-
bends, due 1966
Poli-New England Theatres, Inc.—
1st mortgage
bonds, due 1958
3.212313
dollar—
Official
5%
foreign
Minneapolis Gas Light Co.,
3.212313
franc
Canada,
Co.,
4% jbonds,
Piedmont
3.212313
o
1977———Dec
bonds, series A, due
Drug Stores
RR.,
*
1797
Cq.—
.200000*
.200000*
.200000*
Midi
,
1899
1
2
Corp., 1st mortgage
$4.25 preferred stock
Terminal
mortgage 3%,%
Mading
""
1477
1959—Dec 31
debentures—Nov 26
stock—-j—Jan
7
Corp., 15-year 3'/a%
prior preference
Corp.,
Co.,
Fagt
'
■
due
Co.—
.261247*
'.251247*
.251247*
.200000*
3.212313
1st
s
.297733*
v1
cruzeiro
Brazil,
...
.251247*
products——
pound
Nov. 18
t
.297733*--'
...
'
'
'
$
S
.297733*
.
'
.
bonds,
Castings
(M. A.)
Jacksonville
Nov. 12
,
mortgage bds., series P, 3 V* %, due 1977-Dec
Compania Salitrera de Tarapaca y Antofagasta—
20-yenr 5%
serial debentures, due
1968
Jan
Consolidated Giocers
Transfers
in -United States
Value
.
gen.
Cooper-Bessemer
Country and Monetary Unit
m
Data
Central
1st
Central
1948.^INCLUSIVE
18,
REDEMPTION
Company and Issue—
-
^
&
Mfg...
•
12-13
11-30
40c
12-27
11-29
40c
12-27
11-29
15C
12-
1L12
1
Volume
THE
Number 4753
168
Gossett
&
Extra
••*/_
Birdsboro
Share
y,
-
(qunr.)___
Co.
__i.*'
Foundry'&
Year-end
12-
Name of Company
1
y
El
11-23
$4.50
preferred
(quar.)i—vElectric Bond & Share (stock dividend) —
Machine—
25c
12-15
11-30
$1.06'A
12-12
11-30
3
12-15
—
One
4.25 %
preferred
Aluminum
Boml'Investment
C'nits
Boss
Manufacturing
Boston
Ground
interest
'>
(s-a)*—
1212-
$1.25
11-20
1
Real
Boston
Estate
Wharf
Trust
(quar.)
Co.-.
50c
.**
—
1
11-22
12-
1
1
12-30
12-
12-
25c
(quar.)
11-20
1
British
5%
prior
pref.
6% 1 convertible
&
< quar. )„
v.—
Ltd.—
deposit
-
receipts
Ink
Co.
Flour
8
Fort
12-
1
11-20
Frontier
12-
7
11-26
Fruit
3/10c
11-22
10-22
Gatineau
$1
12-17
11-26
5%
12-20'
12-10
Telephone & Telegraph (quar.)—--
Case
I.)
Company,
Corp. of America
Catelli
Food
(year-encii
5%- preferred
12-11
1
11-15
11-15
15c
Detroit 'Warehouse-
Central
Illinois
Light,
pfd.
Gibson
11-19
Gillette
11-30
11-19
1
11-15
1-
3
12-17
"4%-
I-
1-15
2
Glidden
12-20
12-10
12-20
11-29
12-20
11-29
Golden
12-
1
11-20
Good
$1.37J/3
12-31
12-11
Goodrich
$71.70
12-15
11-22
3
12-20
75c
1-
$1.75
(quar.)
Stock
■
""AVi'h
—
11-20
Lockheed
12-31
12-
1
12-
3
1-
32-
20c
_
12-
3
Lorillard
11-26
12-15
—--
Co.
(quar.)
,11-19
$1.25
12-10
11-26
50c
12-15
12-
18c
12-15
11-30
12-30
12-
37'AC
12T-31
12-10
25c
12-23
12-
1
11-20
Louisville
11-20
$1.75
1-
5
Magma
12-
1
Magor
Car
12-10
11-24
Maple
Leaf
1-10
12-15
Maxwell, Ltd.
12-10
11-24
Maytag Company
+30c
1-
2
12-
1
1-
2
12-
1
$$1.38
1-
2
12-
1
$3
12-
8
11-26
r_
4
Gardens,
12-
11-30
12-15
11-30
25C
12-15
11-26
2 5c
12-20
$25c
1-17
12-
11-30
Meredith
1-
2
12-22
25c
12-
1
11-24
Publishing
12-
10-20
Midland
1
Minnesota
1
Missouri
Public
Birmingham
12-10
12-
Oil
Corp.,
Power
15c
12-27
12-10
Mobile
&
62 'Ac
—
1-25
12-16
Mojud
5
12-16
>
75c
1-
$1.25
2-1
>
I-
12-1-4
25c
$1
&
Co.,
/
5%
preferred
3
11-26
56'Ac
1-
3
11-24
t5c
1-
3
12-10
Narragansett Racing
50c
11-20
11-15
National
Automotive
$1
12-31
12-10
National
Cash
Company, common-——
•
12-31
$1.50
——————————'
1-
$1.25
(quar.)
•
/ Year-end
12-10
12-24
12-
-A-—
$1.50
12-20
$1.25
1-
12-18
National
Fire
10-29
12-
12-28
12-24
12-28
$1
12-24
25c
II-18
11-26
12-24
50c
12-
2
12-31
1-15.
-
12-
6
10%
12-20
12'AO
12-15
11-27
1-2
12-15
1-
.—————,—**.**.
'
■■
$1
*—
(Hartford)-—
Co.
Insurance
12-17
20c
(initial).-
1
3
1-
50c
Inc.———
com,
12-15
,
12-17
$1.1834
Fibres -(extra)
new
2
12-31
7
1-
11-5
75c
3
12-15
80c
12-10
11-29
20C
12-10
11-29
50c
12-17
3
1-
1
11-29
.
15c
.*■—
dividend
Stock
6
3
6
1.
12-
1-
20c
———
Register,
12-
12-
62 "a C
1
11-15:
$2
>
tquar.)*—*—.
Association,
11-19
.12-.
1
20c
pfd-.(s-a).
4%
National City Lines, common——
>• $4 preferred A ~(quar.)_*—*
11-26
(quar.)A__
12-
30c
434%
12-17
3
75c
1
12-15
(quar.)
Company, com. (year-end).
preferred (quar.)..
Murray Ohio Mfg. Co. (quar.) —.J
—
1-
..
12-
25c
—
tG. C.)
11-24
_ _
$5c
55c
iquar.)
Co
3
3
11-20
1
(quar.)
(H. A.)
Montgomery
12-
12-
■i':> Special A———*•—
3
11-30
2%.
-A
RR.,
12-24
$1.62'A
"v
common
1-
—
75C
3
3
12-10
1-13
•>;/.
pfd.
conv.
12-
12-
<
25c
—...
Light Co.
40c
(increased quar.)
City Steel
(ye-ar-eiid)
Corp. (year-end)——Giiautanamo Sugar, $5 preferred
9
Service,..-—***—
Hosiery
—^2
„
9
12-
.*>
—
11-20
1
12-10
$1
—
Meyer (H. H.) Packing Co.—
6»A% preferred (quar.).
Mica Co. of Canada, Ltd.—
1
11-30
>12-
(quar.).———.r
12-
1
11-
"/ 2%
$1.25
Co.
Linotype
Mergenthaler
50c
(quar.)^
•
...
I
12-
12-22
12-31
$30c
"'425c
25c
16% participating preferred (s-a)..*—
Merchant^ Refrigerating Co., class A (quar.)
Class B
./
A
3
12-
12-15
62','aC
(quar.),—...
3
I-
12-30
'
,
preferred
25c
——
12-10
12-
11-15
1
12-15
25c
(quar.)—————....
:
—i—•
12-10
75C
12-
$121/2 c
40c
2
1
12-15
12-15
—
Ltd.—.—,—....——-
McCprd Corp., $2.50' preferred
Melchers Distillers, Ltd.—
1
$4
—
'..1
1
2
2
30c
....
......
(quar.)
Extra
Murphy
ccnvertible
Co
Corp.
i
35c
3712C
—
—
Copper
12-
12-15
(s-a>—
—...
$1.50
————
dividend)
Mortgage
1-15
Corp.—;
dividend
Title
Extra
■
3
2
12-
12-23
$2
—i...—
(quar.)—
1
12-
12-23
50c
1
12-10
2
1-
$1.75
—
A-—
(quar.).^-—--
preferred (quar.)
;
Angeles Invesimeni Co.
Los
12-15
——
1
12-10
——
7Vo
:
11-29
$1
—-t--
12-
'
Corp..———
(quar.)
(P.)
20c
—
(quarJ_—__
preferred
12-31
12-10
1
50c
(increased)
Corp.
Aircraft
$1.25
(quar.)_
common
preferred,
F.)
1-31
$2
3
12-
'
12-15
—
Grinnell
12-15
1-3
$1
Lima-Hamilton
12-10
12-15
Granite
preferred (quar.)_^.^—^=_^—
New Orleans & Texas Pacific
11410
$2.50
Manitou
Extra
Cincinnati,
12-10
$2.50'
Mines, Ltd.—Humor' Corp.
lyear^end)
$5
11-30
$$1.25
Co.,'Ltd.,
(quar.)
dividend
(B.
$25c
12'Ac
Life Insurance Co. of Virginia^^^
——
Liggett & Myers Tobacco, 7% pfd. (quar.).
Lily-Tulip Cup Corp. (increased quar.)——.
11-17
30c
preferred——
(cash
11-24
15c
1
62'Ac
—.--S-—
Common
12-15
1
12-15
common-'——
Loom, Inc.,
stock
11-25
40c
Brothers, Ltd
—
Aa—
Libbey-Owens-Ford Glass (year-end)——
(N. Y.) (quar.)—
Life & Casualty Insurance Co. of Tenn.—
$15c
A
12-
12-15
—
Liberty Fabrics
Company—
II-15
,fc
11-30
12-
(yeor-endi-
Extra
1
50c
(year-end )_a
B
$5 preferred (quar.)
Gisholt Machine Co. (quar.)
Electric-Co;
&
12-10
(quar.)
12-15
$1
Lewis
30c
$1.25
20c
Refrigerator- Co. (quar.)
Safety Razor, common (quar.)
12-
■•(V •: 75c
7%- preferred (quar.),,:.;*...**..*-:**;..*—
87'AC
1
75c
RR.-V Iquar.) Y-ii-sA'i-l.A.—Company, $5.50 preferred (quar.) _<_*
class
(quar.)
Waterworks
ooc
Chestnut1 Hill
12-
--
Extra
-
11-19
•
Securities,■«common
6
11-30
,40c
Co.
preferred
11-30
Chesebrough Mfg. Co.,(quar.
Cincinnati Gas
5%
12-
'
12-15
Inc.—
Paper
Power
Common
)37c
Light & Power, comi-(quar.)__
3.6%.. preferred
Iquar.
Central Steel & Wire Co.,-6%- pfd. iquar.).*
Christiana
12-
S1.12V3
(quar.
12-31
Georgia-Carolina Brick & Tiie (quar.)_—
tsoc
Central Ohio
Chiids
12-20
Co.u_^—_••
4'A-%
partic,
convertible
150c
(s-a)■■
Central
5%
1
(s-a
*>LAZ.->A*A'.
the
General
1-2
Products, Ltd;,- common
••> Extra'
1-31
25c
(year-end)
Gaylord Container Corp.—
Gemmer • Manufacturing Co., class B——i—
$3 preferred
(quar.)
;
General Plywood Corp—
'
12-10
12-
— —
$50c
(quar.)—
A
America,
preferred
12-12
12-
2
Co.
11-24'
$1.50
,
12-15
Ltd.—
class
Corrugated
non-cum.
11-25
30c
$1.75
:
of
Power
of
2
1-
10%
132Ac
7% pieferred (qua-r.)//^^;.*.Castleberry's'Food Co.; common,*:.-*5 % preferred <quar:):_^/___.:_-——
Catalin
Mills
Wayne
12-10
80c
•
4
.i
12-15
12-18
$2
(year-end)_ ;
common
dividend
11-30
1-
$1
Canada, Permanent Mortgage, Ltd.—.
Carolina
12-21
75c
preferred (quar.)
Gauley Mountain Coal Co.
12-10
1- 3
■V:-
3
12-15
50c
*_„_
——_——■
11-24
3
Salt
Locw's, Inc.
—
5 'A %
75c
(quar.)—
Year-end:
Stores,
non-cum.
8
12-
$3
*_*__.-//,*/
California Water Service (quar,)—.
Campbell, Wyant & Cannon Foundry Co.— •
(J.
5%
12-
12-23
Calaveras Land & Timber.-—————
1
1-
Stores
participating
25c
5
12-
12-
50c
Z——— -1—-
—i
Fitzsimmons
$1.25
•>--/•
•
pfd.—v——
12-24
25c
*___
•
at Baltimore, class
of America
B
12-23
—-
Leslie
Co.—
Stores
(quar.)—.
National
50c
;
Inc.—'.
Co.,
Wireless,
Stock
11-22
Shoe
Curme
Co.
Class
25c
American
California
Finance
12-31
1
&
preferred
5%
—
Rubber
Cable
1-15
12-
37 Vic
Brooklyn Telegraph & Messenger Co. (quar.)
Brown
11-29
Inc.—
preferred
Co.
Motor
Extra
5Vo
11-29
2Vii Vo
12-13
3
,
Payable of Rec
10c
Kingston' Products Corp. (s-a).——!—
Kinney Mfg. Co., $6 nou-cuin preferred^——
Lanett Bleachery & Dye Works————
Light
Coach
First
——
Store
12-15
12-15
——
&
1-
40
Holders
When
Per
Share
Name of Company
.
11-22
12-15
$1.12'A,
&
Feltman
Ltd.—
Co.,
Ry.
(s-a)
Broadway Department
Brockway
(quar.)—
Electric
Columbia
25c
$1.10
Briggs & Stratton Coip.
Power
Carolina
of
Holdert
Payable of Rco.
40c
(quar.)
com.
11-22
$1.50
——
Boyertown Burial Casket Co.
12-
(Texas),
(2157)
$10c
11-20
1
$2
Boston
Erie
11-15
11-24
$1
Trust
Co.
Heating Products, Ltd.
Co., new com. (initial quar.)/.—
Erie & Pittsburgh RR., 7 'h
guaranteed—
Essex
Company (s-a)
—
Fabricon Products, Inc.——
—
Falconbridge Nickel Mines, Ltd,7—
11-19
1
12-
$2
$1.50
(year-end)—
Co. (s-a)_*Z~—
Co.
Rent
share
Enamel
America—
of
Trust
1-
25c
Brass_-__*.*--**--~~-"---
oeneficial
of
,_*■—„***>*"
(quar.)
&
Electric
common
for each 60 shares held
Electrographic Coip.
(quar.)
Emporium
Capwell
Co.———--———
Black, Sivalls & Bryscn, Inc.—
Bohn
Paso
Share
*.
11-23
1
25c
,_**___
____—1—...
Steel
12-
When
Per
Payable of Rec.
15c
CHRONICLE
FINANCIAL
&
Holder$
Whtn
Per
Name of, Company
1
.
Bell
COMMERCIAL
'
6
Gulf
Insurance
Co.
$1.25
preferred
3-
1
>2-15
5%
;
(quar.
Gulf
Power
$6
$1.25
6-
1
5-15
$1.25
9-
If
8-15
f
preferred (quan)_—,_——^—A_—
; 5%. preferred (quar. Y—i*——
5% preferred (quar.)
.-sU-—;A',
Cities
Service
*
/
Cleveland- Graphite Bronze;
11-27
Hallnor
12-
1
12-
3
Hammond
25c
12-15
12-
3
$1.12 Vs
12-15
12-
3
12-
9
12-
9
Hart
11-29
12-10
11-26
,
$1
Bottling Co. (Chicago) (year-end)
4 V* Vo
:
Radio
Columbia
5Qc
Co.,
Baking
Battery
Extra
$3
*iU.Zi
Commonwealth
.
s
$6
11-26
12-23
Hazel tine
Corp.
12-15
12-
1
Heileman
(G)
1
Life
Insurance
Co.
Southern—i
12-15
12-
12-31
12-21
12-31
12-21
•
Common/(quar.)
12-15
11-30
Home
>
$1.50
i
1-3
'
.
"$4.50
/ 4% / preferred •( qu a rv lif.
Community: Public Service^—
>
Conde
Cone
Nash
12-
1
%
11-19
»•.
:?
11-19-'"
11-19
12-15
12-
1
II-24
Notional
25c
12-10
11-20
National
12-10
*11-24
12-15
12-
,
Mining
2nd
conv.
1-
National
11
National
/
(quar.>™-^^.:w^_;_v;_-
12-
1
.
2
12-
12-
1
12-
1
$175c
-
3-
1-
2
12-
12'Ac
Insurance
Accident
&
Tcnn.
12-
1
11-20
Co.
(quar.)
iquar.)
Co.
Malleable
1-14
12-18
12-
12-
1
11-19
11-30
10-29
——
Castings
Steel
&
2bc
$1,10
Lock
12-15
National
Oats
National
Tank
1-
2
12-11
New
2
12-11
New
12-
New
Park
30c
dividend)——*'
Cahunet Mines, Ltd. (initial)
—A—
England Telephone & Telegraph,,—
3
Co
—
—
Mining
Co.,————
75c
1-
3
12-23
N.
$0
12-
1
11-17
25c
II-24
12-
50c
12-15
11-30
343/ec
12-15
30c
1-15
1
1-
Mining
Bay
11-30
/"
,
each
5
Smelting
&
held).
share
-
75c
12-21
25c
12-31
12-20
.
preferred
common
> /
12-17
12-7"
12-
Nineteen
1
12-
1
11-15
1-
3
'12-15
11-29
12-15
12-
12-10
11-30
$2
'
iquar.)—
'•
37'Ac
,
82 l/2c
"
(initial)
(quar.)—/_—
>->■'
-
25c
12-28
12-2
12-20
,
12-
Noranda
'
8
North
American
hClass
North River
•
3114 c
11-30
11-20
:;;*> 35c
12-15
12-1
■
4'A:%
-•
(Wis.)—
•
•
2
2
11-30
11-25
12-10
12-20
;
12-20
*
*
$1
12-13-
25c
412-10-
12-20
30c -
•
12-
3
11-20
1
12-
2
12-20
12-14
12-1
2 2'Ac
(quar.)/!-/—*.
convertible preferretl
b'/opreferred
■>.
:
-
com.'/-
1-
75c
(year-end),'/—4
Co.- (quar.)
Public Service Co.,
"
1-3
'■*•1- 2;'"
•
Insuiance
Northern-States Powder
12-15
r
75C
A——
1
12-10
25c
.*—r.————j
Northern "Indiana
——
class
Rayon,
North Central Texas Oil Co.
^
4;
B
$$1
Ltd. (interim)—
Co.,.A———__
Mines,
American
North
12i-20 > 12-jav.f*I
90c
Coip.—'
Paper
12-13
15c
50c
-'
Hundred Corp.
11-26
45c
.
(quar.).
Co.
11-26
93 lie
—
Niles-Bement-Pond-
50c
(Brooklyn, N. Y.)
/
12-15
—■—
(quar.)
common
12-1C
3
12-15
50c
for
common
preferred (quar.)**———
Newport News Shipping & Dry Dock Co.—
f Year-end /———i~—'---*'
'
Co.
i-
$1.50
'
——*
Electric Corp.,
Newport
11-30
2
II-24
Hudson
334%
1-
12-H
12-15
Chicago ft St. Louis RR.—
•
of Canada, Ltd.—
E
1-
12-31
50
6%
11-15
12-15
1-14 •>Y
$10c
3
$1.25
——
preferred A (accum.)—--Newmont Mining
Corp.
(year-end)
Stock dividend - <l/25th
share of
Y.
50%
(stock
Co.
I-' 5
Co.—
•U2-15
25c
3
$30c
3
12-15
$1
—
5% preferred -A A quar. )i
HussmansRefrigerator (extra)—_
Hydro-Electric Securities Corp.—
11-17
1-
$1
.
.
1-
410c
■
Pulp -&
Life
"J Naslivillc,
•
Hudson
Ltd.—
(increased quar.)
Class B
12-30 ?i 12-20"
-$l;i2'A'prefeired (quar.)
Horner (Fran k W,),[ Ltd
;A412'A,C^ AlAO/'i 12- 1
class';A' (quae.)
Houston Oil Co. (Texirs-)i2^>>2'22>AlAr---r---'12-28 i' 12-10'
3
Mifls,
Hosiery
!"• 3
UOc
$25c
Guaranty
Company,
>Extra
>
$20c
'
AVxVo
11-24
25c
(ZZ
Z>
Power-^^'a-iisi-~
Consolidated Coal-Co.
12-
1*
50c.
Mills- Corp. -(year-end
&
"47c
Products
National Food
'
Publications ? (quar*)L>A:—_*—_ :
Connecticut Eight
12-
30c
$1
//————-A;
8
Electrochemical Co.—
Hoover
rA«——A
Extra
■■■■•■
Title
Hooker
12-10
approval of SEC.
(Phila.)— I - "".
z_i_B
3
12-
pfd." <quar.)i—
Appliances———-—
Safety
Homestake
•>"
12-
2
Quarterly
Holophane Company
■
Above payment subject to
-
2
1-
1
Hmde & Dauch Paper Co.
15c
-
1-
$20c
_i—_
-15c
-
(acctihl;)._r-4f^-^—.it'ii--
preferred
.
t50c
(quar.
Brewing
Hendry (C. J.) Co., 5'A%
(Ky.)—*
;
Commonwealth; Title Co.
;
preferred
non-cum.
Highway
.
Quarterly
Commonwealth
'
12-10
25c
••
8
—
Hatliaway Mfg. Co.
(year-end)
Haverty Furniture Co. (quar.)
C.)—/
—
,'-Extra
,
11-26
20c
Title
Semi-r nnual,
12-
420c
11-26
25c
2
(quar.)—
3
3
1-
Ltd._—l—_AA_^_Z_/_Zi.
Co.,
3
1-
$20c
i_
Hartman'Tobacco, $4 pfd.
12-
53 VeC
8
,
Paper Co. (initial)
Instrument Co. (quar.)
12-
68 Ac
(quar.)——_
Co.,* common (special) —/:_<■
12-
25c
Led
Mines,
35c
pfd.
$2.75
preferred- (special
Insurance (Wash., D.
partic.
Columbia
-
common
preferred1 (quar.
Collins
,
Company;
2
v
t30c
AiA^A—A
25c
Colpmari' (The)
1-
(s-a)/-——A—i-A'-A, A /
12-20
Harding Carpets, Ltd—
—A
•
.:• Extra
——Z-A'
,
11-29
60c
$1.25
-
3
,
Hammermill
12-15
preferred Aquar.)—.:.:,———_—*:*—*
11-19
I-
—_
common
^.A—
—
12-14
.
11-24
30c
$1.50
(A"a)/_^-_—-jZ/l'A-wZiATAA,
.Extra
12-20
(year-end)
com.
Ltd.,
(extra)——A—
(quar.)
'
$1 preferred
$1
-
5%-
'.
11-27
.(Dallas)
pfd.
—
25c
-
f
1
Coca-Com
Brass Co.,
Extra
11-15
12-20
Hahn
Co,
30C
.-
City Auto -Stamping cY———
Cleveland-Cliffs. Iron Co., common (quar.) _•
Extra ' ___JA—
$4.50
preferred' (quav.)i__—:—---w-.—c_
;
12-1-
EOc
$1.25
(quar.) i,U.~-a-
Co., ,common
Year-end
i
-
12-
12-19-
$4
Ry.,f common A:^—
.'- 5Vo
11-20
•
•
$1.25
(quar.)
'
-•
Year-and
——•—•__•
Consolidated-Grooers
j -5%
I,*.,—
;
Corp.r -common
1
•;>"
(quar.)
12-35
11-22
11-12
25c
-
Continental Steel
I'
12-31v
12-15
12"
;
Copperwekl
Steel- Co.,
(quar.) __aV
common
1-
75c
30c
Year-end
•
Leased lines A'/i>" guaranteed
Indiana Gas & Water (quar.)
1
12-
12-10
12-30
12- 1
12-11
12-1
11-13
Northwestern
5'A%
(s-a)
"30c
—„—
preferred
.'4%%
Co.—
1
11-10
12-13
1-
3
v
Cornell-Dubilierr Electric
l
62(/2C
12-10
••: $1.25"
Cosden
Cow
PetcoleuDx Corp.,
Gulch
Oil
Steel
Crucible
12-1
J1-26-
1-15
.
pfd.
$2.50
(accum..)-
America—
of
12-20
12-15
12-
2c
5%
12-20
12- 4
(s-al-i.
Co.
Co.
12-10
12-10
v
'
$1.06(4
preferred
B
(quar.)
Industrial Wire Cloth Products Corp.
-
(quar.)
:
10c
11-30
11-30
w
common—-
-
20c
$1.31'A
Corp,-,
{.$5.25' preferred--A: (quar.)
3
/'"Extra
Iron
International
6'A
20c
A__2>—A---—----AA.V—2A-
Interlake
Co.
(yea 1 -end) ———_.:_2„
Bronze
partic.
r-5.%.v convertible
-
preferred
Cuban Tobacco,
.5% preferred (accum.)——
Industries,-Inc.-— ■ - >V
,i 50c-convertible, preferred-A t quar.)_^l_—
Cutler-Hammer,. Inc. (quar,)^__'
12-
12-17
$2.50
1
12-
12-15
$1.25
(quar.
2
Curtis (Helene)
,
Extra
-
fv-y,
Minerals
90c
$37'Ac
(quar.)
Chemicals
&
Chemical
Corp. ' (quar.)
(quar.)A-^-A-A--—u/
B'Gosli,
•
(quar.)
Inc.,
—
11-26
12-10
11-26
International Staple
& Machine-————
12-31
12-10
Investment
Rock Oil Corp
Packing, 4)1>%
Boston
10c
12-18
11-27
12-
2
Jahn
12-
1
Jamaica
12-
1
7%
preferred
A
12-16
7Vo
preferred
B
(quar.)——
(quar.)—
5%
4 preferred
C
(quar.)
50c
$1.12 V2
12-15
2 be
12-15
75c
1- 5
—
pfd.
(quar.)
W
Delaware
...
Fund, Inc. (quar.)
Detroit & Canada Tunnel Corp, ,(irrcg.)>__C
Detroit Gray Iron Foundry Co.
(resumed) j.)- >'->
Detroit;Mortgage & Realty- (quar.)
Devoe
&
Class
Diana
—
class
A
Corp. (increased quar.)
Giorgio Fruit Corp., S3 preferred t s-a)
Draper Corp.; (year-end)
—'
Stores
Di
,
.
,
.
Pont.fE.
I.)
de Nemours
& Co.—
12-
1
4% %
Bradstreet,
Pacific Gamble
.
&
Johns-Manville
11-27"
Johnson & Johnson,
12-15
15c
11-29
2
12-16
1-
Fuel
12-17
11-20
12-13
11-29
$3.75
12-14
11-22
87'Ac
1-25
1-10
1-25
1-10
12-16
$1.12'A
^
$1.12'A
(quar.)
10c
(accum.)
(quar.).
Vo
preferred
:
*
(accum.)
preferred
Drug
$4.50
Kellogg
Co.,
Kendall
2
f
Kodak
Stock
6%
Co.,
dividend
preferred
(year-end) J.
common
1-
50c
5%
i
(quar.)...
>$1.50
;
3
6
1-22
Paper
Corp.
(year-ond)—•
$5
1-
3
12-
6
12-
?
'
Edi son
Bros.
St ores,
common
(qua r.)_V_ t11T
I'. 37'Ac
12-13
11-30
of
"V/4%
El
participating
Dorado
Oil
preferred
(quar.)
Works
$1.06 'A'
35 c
1-
1 •
12-14
12-20
11-27
11-22
12c
11-29
11-16
12-
1
1-
3
11-30
1-
3
3
3
1-
3
11-30
12-10
11-29
xl'A%
/
1-
5
80c
12-10
$1
Industries,
preferred
common
Kimberly-Clark
■>;
Extra
4Vo
46
Corp., 'common
2T,,
.
(quar,)
—_
—
(qitar.)—:r,__——„;j—;—
2nd'preferred (quar.)——
11-15
12-15
$45c
1-
2
11-6
12-
7
12-15
was
preferred
Co.
preferred
12-10
1-
Co.,
common
Electric
Powdreil
&
Pratt
4
Food
Power
Alexander,
Co.
25c
1-
12-10
3
3
.
12-10
1
3
12-
1
12-
4
11-20
East
'
Estate
•
!'»■ Extra
Silk
Real
.
Extra.
$1.12'A
1-
3
12-10
7%
$1
1-
3
12-10
5%
Title
Insurance
(s-a)—
Mills,
12-
11-26
11-12
11-26
11-12
12-27
12-
3
12-15
12-
1
12-
1
11-20
1-15
12-15
$l'Ac
Mines,
'**_•_—*_/
Hosiery
11-26
12-10
$2.50
iquar.)
Dome
12-11
25c
iquar.)——
11-29,
1-
12-
1-
22 'Ac
(quar.)—
Inc.
12-15
35c
12-15
3
5c
A*——
Real
11-22
,
11-26
1-
25c
(quar.)
Potomac
12-17
9
12-31
2'AC
Plywood, Inc.
11-22
-
12-
$1.50
Co
11-15
1
11-26
75c
11-15
2
9
Co.—
12-1
1
1-
1
12-11
12-
$1.50
;
12-: 1
12-
11-22
12-
1
$1.25
-
Coal
Ltd,—_____/_*
Public Electric Light, 6% preferred (accum.)
Publicker Industries. Inc., $4.75 pfd. iquar.)
Quebec Manitou Mines, Ltd.—
A'——
Ritybostos-ManhaUan,
Inc.
(year-end)--*—
12-
12-21
1-
8 7'Ac
—
(quar.)*
——
Metallurgical
Pittsburgh
Preston
25c
1
50c
(quar.)——
iquar.),,—
Consolidation
quarterly
11-27
12-
11-30
12-
$1.12'A
iquar.)
12.-15
12-20
11-26
12-15
25c
——u—
———
11-27
3
12-14
eoc
(quar.),—
(quar.)
(quar.)
(quar.)
Pittsburgh
11-15
1-
12-10
,$1.12%;
"Yoc
$1.12'A
75c
&
preferred
ton, D. C.)
quar.)__
75c
$2.50
each
25c.
common—
tquar.)____
11-19
11-22
2
———
6'Ac
—
1
1-
Philadelphia, Cermantown & Norristown RR.
11-30
2
Dividend
30c
A
12-
; 12- 4
$37.
12-15
$1
(initial quar.)_
37'Ac
A"25C
;
(year-end) ————
Mfg. Co.——————-
common
(Chas.)
3'A%
Wire—
(initial
preferred
conv,
1-
50c
*50c
—
O'l
$1.12'A
2
12-15
25c
(quar.)
(quar.)__
Keystone Steel &
4V2V0
Ltd.
•11-19
Ltd.
preferred
Increased
:
1
Extra
11-30
12'Ac
for
Co.
17.—*
Philadelphia Company, $5 preferred
Co.—
Company, new com.
conv,
Pfizer
11-S0
12-10
'
12-31
__2-2
12-
"50c
Co.—
held.
Nov.
4'A%
Co.,
Line
Production
on
Salt
Corp.,
Milk
4 'A %
2-1-
20c
Perfex
Pet
11-30
1
35c
u..
Pennsylvania
>
Pipe
Panhandle
of
be
paid
Penick & Ford,
11-30
1-
Eastern
Hugotcn
shore
11-30
1-
of
to
11-20
$25c
2-
common——
Canada,
.
"
1
1-14
2-—
preferred
12-24
12-15
,$1.20
New
Eddy
6
12-
'
7*
12-
1
quarterly
Extra
$4.50
12-15
12-
12-
12-20
87'Ac
(quar)—*—
11-19
ing the stock dividend of one-half share
12-22
2-
quar.)
12-15
1
Temporary restraining order has been is¬
sued enjoining the company from pay-
A
$1
(quar.)
common
Company,
Kerr-McGee
Eastman
"
6
95c
(accum.)j
preferred
Kelvinator
12-15
l~
$i.50
—
Katz
11-24
12-15
12-18
"12-
—
Extra
2
"
(quar.)_
2
B
City Public Service
Increased
■
6
Kansas
12-16
1-
$1
—.
preferred
(year-end)
2nd pfd. A
Refining
1
Joy Manufacturing Co.-(increased
11-30
12-27
$1.12'A:-
—
—
4%
Oil
2
1-
-
Associates—-
pieferred
preferred
Johnson
12-10
25c
_______
preferred
12-30
80c
2nd
4%
Corp.
3
Ltd. ••(year-end)A-tiw?
Tubes,
12-15
xJ'A'A
(quar.)—;_1_—
preferred D
11-27
3
12-10
1-
u_
Panhandle
xl?4 Vo
—
(quar.)
12-18
10c
>
?
12-
——
Co.
"•
X+$1.75
(quar.)
Robinson
'lY-30
5c
—„—_
12-31
50c
'*/"• 15c
Portland Cement, 6%-% ••preferred-—
Pacolet Mfg. Co., common (quor.)————
5%
preferred (s-a)
12-15
1-15
10c
Engraving
Service, Ltd., com.
3
5%
,
Products.—j——
prior
Public
1-
"
4V2 Vo
6%
5%
Oilier
(quar.)
Fund,' Inc.————2——
1-
"
—
Co
Dun
Eastern. Gas
12-15
75c
Dumbarton .Bridge
Dunn-, Steel
lc
$1.50
Co.
Common (year-end)
$3.50 * preferred
(quar.)
$4.50 ' preferred (quar.)
&
11-26
$1.50
_
du
12-16
&
Selective
50c
(quar.
i
Driver-Harris
15c
Investors
of
.250
Raynclds,
B
.
'
I—Pacific
$1.25
———
Trust
Z—
51
5%
12-10
12-17
•
$1.10
(quar.)
common
$1.25
■-A Vo' preferred (quar.) __^.22-———2„
Internntiohal Railways of Central America—
27'Ac
.
$1.12 'A
11-15
—
(quar.)"**
—$1.50 preferred
12-14
Page-Hershcy
50c
quar.) —2———_
40c
V
Deerficld
11-15
1
Common,)increased
9oc
Day Mines, Inc.__
Deep
12-
11-15
1
.
Corp.—
preferred (accum.)—1_22_2—___—_
International Salt Co. (year-end)
■
r-—
Davison
12'Ac
1
12-
Co.,' common-...,;//■■'•■
preferred
Oshkosh
•
\
11-15
12-
-
4.40%
Powders, Ltd.—
preferred
International
.
1
$1.3114
12-13
12-
Water, class A (quar.)—2—
5%: preferred A (qiuir.)22„2_—2_2_
4'A%
'
> 1-3
12-10
2oc
Indianapolis
1
12-1
12-10
$1.50
*±^-±Li.i-A-i--15^convertible 'preferred- (quar,-)^—
12-
——ZA-—Z—_
'
Year-end
; '12'Ac
——-———-—A.——
(quar.)
preferred
Edison
Ohio
Public- Service
(reduced)
(Common
r
12-20
5
1
1-2
AA/$i>
-
12-15
2-
J25c
—
50c
Rendering.'Co._*l>z*i*',—Z.—,A;; (•,
5% preferred B .(s-a)_—
Hygrade Food. Products (year-end)
Illinois Central RR.— »/
12-15
•12-31
$1.25
preferred, (
Consolioated
25c
Co.
J——
$1.1834
1
11-19
12-15
11-30
12-
$2c
1-
3
12-10
$1
1-
3
11-30
$3
12-31
12-21
(Washing¬
;*—-
$4
—
common
$1.50
.
3
(quar.)
—
——-i-—.
preferred iquar.),—*—.—-—
prior preferred A (quar.)
12-31
12-21
15c
12-15
11-29
40c
,12-15
1-1-29
$1.75
1-
2
12-11
§1.25
1-
2
12-11
50
When
Per
Share
Name of Company
keeves Bros., Inc.
(quar.)___ —
1-
—
Rice
Insurance
Ranch
Riegel
Oil
Silk
Robertson
(Phila.)
Co._
Corp.
Paper
Riverside
Co.
(s-a)
50c
______
Art
Rotary
Electric
Metal
Works
e
11-22
12-10
11-22
12-10
Russell
St.
Co.
Mfg.
12-10
12-
8
25c
12-11
12-
4.40%
San
1st
Remedial
(s-a)
Seatrain Lines,
Seegcr
—:
Inc.
(quar.)
Co
Shattuck-Denn
75c
_
5%
Corp.,
preferred
Pacific
Southern
Southland
Southwestern
Common
5%
3
3
12-10
12-3
12-10
i2-10
$1.25
12-20
11-29
$1
—_4_
12-15
quar.)
States
1-
3
12-15
(s-a).!
Telephone
1
11-20
12-
1
12-
1
11-20
12-
1
11-20
1
12-
Co.
L
pfd. (s-a)
1
(quar.)—
Allied
Finance
5%
Co., common
(quar,)_
preferred
Laboratories,
Allied
Stores
preferred
Allis-Chalmers
3V4%
Alpha
Portland
Aluminum
$3.75
Aluminum
Co.
Standard
Co.—
of
Oil
(quarj—
Kentucky
State Loan
Class
6%
& Finance
3
&
(quar.)
Storkiine
Furniture
Standard
Milling
Stonecutter
Extra
11-30
Aluminium, Ltd.
25c
12-15
12-
1
12-15
12-
1
12-15
12-
12-15
11-29
25c
11-29
11-20
25c
12-20
—
12-10
Oil
(stock
Co.
15c
dividend)
1-15
10c
12-10
414 %
4Va%
I-
3
11-19
1-
3
12-20
10%
12-30
11-30
1-15
1-
x
26 i'B C
1-
28(40
1-
2
2
12-
1212-
1
Swift
&
Talcott
(quar.)
1
50c
____
(quar.)____,
Company
12-15
11-26
12-15
11-26
40c
—
*,
1-
1
12-
1
*
Inc.,
(quar.)
common
4'/a%
preferred (quar.)
___■
Taylor & Fenn, 4.32% preferred
15c
preferred
conv.
Telluride
Corp.
12-15
1-
27c
2
12-15
1-
2
Tex-O-Kan
Flour
11-13
3c
12-15
12-
12-16
12-
Extra
Mills, 4V'2%
pfd.
(quar.)_
■
•
12-16
1212-
11-30
Sub
i
75c
12-15
(year-end)
Certificates of
Time,
_
Title
Title Insurance
Toklan
(St.
& Trust
Royalty
Corp.
Louis)—
Co.
(Los
12-15
11-24
12-10
12-
35c
Elevators, Ltd._
Oil & Gas (quar.)__
11-30
(increased
(s-a)___
12-
20c
____
•
1
11-25
12-
$1.75
1
11-24
12-
1
11-24
12-15
20c
Twentieth
Century-Fox
Common
$4.50
$1.50
Film
preferred
Corp.
Asbestos
(year-end)
&> Rubber
!
Extra
(quar.)_______
—
Co.
_____
(quar.)
—_
;
Union
Sugar
Union
Trusteed
(quar.)__^_
Funds,
12-
1
12-15
12-
37>/2c
12-23
12-10
$1.50
25c
1-
3
50c
.1
1-3
12-10
12-
1
11-26
12-10
12-
1
Inc.—
Bond
Fund
"A"_____
19c
12-20
12-10
Bond
Fund
"B"__
19c
12-20
mon
Bond
Fund
Union
Fieferred
Union
Union
Common
Wire
United
9c
Share
Stock Func!—__
Rope Corp. (quar.)
Corp. (year-end)
Aircraft
United
Board
United
Chemicals,
&
Carton
Corporation,
United
Dyewood Corp.
United
Fruit
N.
Co.
$3
pfd.
7%
Tobacco
Co.t common
non-cum.
Trust
Universal
Utah
&
(N.
&
Valspar Corp.,
$4
conv.
(quar.)
;
12-
12-20
$2
12-14
11-20
45c
12-15
11-29
12-15
11-29
(increased)
Carpet Mills
common
(year-end)—
12-15
11-30
1-
■iOc
(quar,)—_
3
32-10
1-
40c
3
11-30
12-
6
11-19
(s-a)—
$2
12-
1
11-20
si.37 y2
(quar.)
12-
1
11-20
25c
(s-a>_
$2
12-10
.2-
11-26
1
1-17
Virginia Electric & Power (quar.
30c
12-11
11-12
Visking Corp.
50c
12-15
12-6
75c
12-15
12-
Wabash-Harrison Corp. (s-a)
Wabasso Cotton Co., Ltd., new
Waite Amulet Mines, Ltd.___
Warner
Bros.
Warren
C
Motor
Co.
Fund,
Jersey
6%
class
B
(quar.)_
62yac
(quar.)
Pulp &
25c
(vear-end)
40c
(s-a)
$1.50
(quar.)——
Inc.
11-24
12-
3
1
1-14
12-20
12-10
1-
3
12-29
12-
1
12-13
12-
1
II-15
25c
1-
3
1- <S
12-15
,75c
1-
5
11-26
1-
5
American
dividend
Electric
extra
stock
Atlantic
75c
12-27
12-
1
11-24
12-
1
11-24
20c
1-15
1-.2
25c
12-31
12-15
30c
12-31
12-15
12-24,
12-
1
11-18'
12-
1
11-18.
1-15-49
-">T:'>'$1.50
11-30
-
preferred
(quar.)—.-,
.
Show,
&
Class
of
Seelig Mfg.,
3
12-10,
A
(quar.)
.
Oil
1-4-49
$25c
12-15
12-15
(quar.)—
•
;
Co.
(quar.)
Iron
Works-
(resumed)
'
Bathurst Power & Paper Co.,
Class
A
(quar.)
Beaunit
*
Mills, Inc.,
11-30
11-18,
1
11-18
12-4
11-15.
12-
11-15,
4
>11-29
11-30./
'
'
•
1
11-
12-
1
11-15
3.
„
2-
1
A
(quar.)
25c
1-
3
Class
A
(quar.)_____i.—_L_—_______—
25c
4-
1
3-10,
25c
7-
2
6-10
$1.40
preferred
12-1
11-19
$1.40
prefeired
30c
25c
12-15
,1- 5
11-30
12-22
$1.40
&
2/lop : of
;
American
preferred
Investment
Machine
American
Metal
Co
of
&
American
Meter
American
National
Beneficial
Corp.,
Fine
4Vt %
2-
j'-'i
'
...
-r/-,1
10c
.
10-29
10-29
10-29
M-24"
11-159
12-
Bloch
Blumenthal
50c
Ampco Metal,
Anchor
Post
Co.
(quar.)——:
Inc., 6% conv.
Products—
pfd.
'
Arts
Arcade
—-—_—
participating
Participating
Corp.
Brown
1-21
(cash
dividend)
(quar.)
•
11- 5
12-23
•
,50c
11-26
1,
12-15
11-20V
12-12
11-30,
25c
Bruck
11-
12-14
11-15,
12-14
11-15,
1>
12-17
12-10
12-
11-24»
11 -26
Rubber
1
10-29
50c
tquar.)-
preferred
t
tquar.)—___
Power
.
(quar,)
B
class
13
1-
3
12-
7,
1-
3
12-
lt
$1.10
(quar.)-
12-
1
11-
9
25c
12-13
11-22»
$1.50
30c
90c
(quar.)
11-30
10-31,
12-
1-14>
11-15
12-31
12-27 ;
12-15
1.1-15:
12-15
11-15
12 V2C
12-
1
11-15;
10c
12-
1
11-15
3.30c
$7%c
____—
y
11-15
1
1-31
12-10
50c
93%c
(initial)
A
10-22
11-15)
1
1-15
234375
pfd.
—/—
Co.
12-15
12-
$25c
—
(initial)
Mfg.
—
(qugr.)._^____^-——__
—__
Brunswick-Balke-Collender. Co.—
Common
$5
Buck
11-12
11-12
11-12
11-12
Creek
Buckeye
(quar.)—
Oil
Co.
Line
Pipe
Budd
Company
12-15
Buell
Die
(s-a)__
*
pfd.
1 ;
2
30c
12-
1
20c
$1.25
.
$5 prior
12-
1-
12-15
11-19/
12-
11-16
$1.25
:
Co.—
(The)
.
■
(year-end K—$1.50
preferred
>
1
40c
(quar.)_
Ltd.,
Mills,
11-20)
1
tSI
(quar.)—__—__
common
12-
12-
SOc
933/ic
—
(quar.)
Co.,
11-15v
11-15
12-15
Ltd.
Co.,
——
—
common
/
11-26
11-26
$3
com.
!____
Company, common
preferred (quar.)
Class
11-15
16c
L.)
11-12
:
1
$1.06%
25c
25c
15c
—
preferred
(E.
12-18
12- 1,
v
$1.50
Light &
Bigelow,
Brunner
12-18
,
1
.n:;75c V12- 1
j6Vic ,,12ri !•
>
1
(quar.i_
$1.20
Shoe
Bruce
12- 1
25c
..''
II->5
12-
11-15
—-
preferred
(s-a)
Traction
&
Brown
11-5
12-20
ia_r,42-23
(quar.)
prefereed
(quar.)
12-
12-1
r
,11-15
■
(quar.)___—_
6%
Hose &
preferred
$3.60
12-10
$1
1
(quar.)_
3%% preferred (quar.)
Brooklyn Borough Gas, 4.40%
3%%
25c "12-
i.
1
12-
12-15
_____
Extra
(quar.)
preferred (s-a)
12-
$1.50
25c
/.
84
Common
11-10
12- 6
common
Sem'-annual
Mills—
Common
11-15,
$1.50
$1.25
—
Bristol-Myers Co., common
(interim)——
3%%
participating preferred (quar.)—
British-American Oil Co., Ltd.—
,
.12-1
10c
Ltd.—
Archer-Daniels Midland" Co.
Arden Farms Co., common
Argo Oil
1-31-49
415c
i '
'
5%
Corp.
Cotton
11-10
11-20
11.50
11-15
1
Company
Inc.
Inc.,
Brazilian
11-30
12- 1
12- 1
.
Ordinary
(interim)
Anheuser-Busch, Inc.
Applied
12-15
25c
(quar.)
Anglo-Iranian Oil Co.,
1
12-
—
&
(S.)
preferred
6%
A
12-
60c
Special
6%
Bowser,
11-30
30c
(s-a)
6% prior preferred (quar.)
Anglo-Canadian Telephone Co.—
Class
12-15
.
11-8
11-5
75c
Extra
3,
)
Light,
Tobacco,
Fund,
Boston Woven
11-24
11-23
11-30
Bros.
Boston
11-12
11-19
60c
common
(increased)-—
12-21
60c
-
Company
—1.——
12- 1
50c
Steel
12-21
1
'
preferred
11-5
12- 6
12-10
,
1
12-
1
1-
.
quar.)
!
Mquar.)__———______
&
12-
%1_
11-"8
Blaw-Knox
11-30
11-30
$1
—.
Smelting & Refining,
Tobacco
Power
3
11-18
1
Foundries
Hills
1
1-
$1
'
12-
50c
.
__________
(quar.)
Co.
12-20/'
60c
$1.75
i
:—
(quar.)
1-1-49
50c
;—
12-
12-
$1
11-19
$1.35
12-24
$1.75
1
11-26
11-30
12- 1
12- 1
12-15
12y2c
11-19
12-
1
50c
—
1
12-
Special
7% preferred
(quar.)
1-14^
12-
$1.05-
,
(quar.)__
11-15>
35c
.
preferred
$4.20
y
1
American
ll-lo
1-31
(quar.)
5.40% preferred (initial quar,.)———!
Black Sivalls & Bryson, 4.25% pfd. (quar.)
Blauner's
(Phila.)-,« com. (increased quar.)_
12-
American
H-16)
1
11-29
11-19
11-19
1
12-10
12-24
Co
1
12-
30c
25c
Shipbuilding
12-
(quar.)
Common
American
6%
Year-end
—
11-15
$3
Son/ 5% preferred (quar.) —A.—
Birmingham Wafer Work,V 6% pfd. (quar.)_
11-15
-12-
$3
Co
1
Bira- &
Black
$1
,,
11-30,
11-30
12-
___—
common
Co.
(increased
12- 1
25c
$1.50
Corp.,
Extra
12- 1
12-18
11-15
12-15
12-20
American
Common
12-15
25c
$1.75
$1.25
Seating
-11-30.
49
$1.06 V\
$1.75
— .—
(quar,)__!
Bigelow-Sanford Carpet—
11-12
1-3-
$$1.75
12'/2C
i—-'
12-15;
20c
i
(quar.)
(quar.)—
Manufacturing
Extra
11-15*
1
-(year-end)
Spinning
Blaek-Clawson
37y2c
(quar.).
(bi-monthly)
7% pfd. (;quar.)__
Lines 5% pfd. (quar.)
&
Standard
Sanitary—
Safety Razor Corp.
/ 11-17
preferred -<s-a)_—___
$6
Steel
75c
(s-a)
Co.
American
com.
$1
20c
,
American
6-10
$1.1""'
12- 1
30c
(quar.)j./___u. / $$1.50«> 1-3-49
(quar.)
Works
preferred
Bibb
12- 1
12- 1
12- 1
12-15
$3
Iron
preferred
7%
3
12-10
12- 1
75c
'75c
(irreg.)
12-
preferred
Bethlehem
Finance—
Radiator
3-10
2
Bessemer Limestone & Cemem—
£?x>4%
2- 9
1- 3
50c
62y2c
Paper Goods,
American
12-10.
1
Extra
9
:/:•
(s-a)
News
American
3
7-
(quar.)_________-i
common
(quar.)
'
3-15
■.
(quar.)_
common
1-
4-
Co.,
Belmont
a
Co.______
preferred
American
Howell
11-10
for
Foundry
Ltd.,
(quar.)__
Co.,
preferred
&
Berkshire
(quar.)__
Illinois
of
3bc-
5uc
preferred
'2-9
Corp. of Delaware—
prior
Ltd,,
,
35c
(qu$u\)_
Co.
12-15
.
—
Convertible
,.7%
Bell
a
(montnly)
Common
Mfg.
I-10.
12-10
35c
__.
Belding-Corticelli,
11-10
3-15
Co.
pfd.
(quar.)
——--v-r.
^
(quar.)—V.
Extra
__k
non-cum.
/
(quar.).-
3-15
.,
$1.18%
pfd.
Belden
<
Vv't'
'
25c
Insulator
12-15
—
^____
pfd.
(s-a)
common
preferred (qusr.)___
Beck (A. S.) Shoe Corp.
4%% -preferred
'(quar.)
com-
1/100
Electric
6%
./
A
Co.,
1- 3
(quar.)
Leather,
Class
11-10
;
common for
-LZ*2±L~
dividend
;
*
12-15
25c
:
a
of
1
V
•
12-
50c
50c
;
11-12
12-15
$1
Ltd.-^' '• %: 4
$37Wc
(quar.)>
11-30/
1
12-
50c
25c
$1
\
,n___
12-22*
4
12-
40c
30c
...Extra
.
12-10>
1-
$1
(irreg.)____
com.
3,
I- 3
3
20c
Ltd.
Canada,
12-
1-
of
Bastian-Blessingri Co." /(year-end)•
Bath
1-20
;
11-22
s.
11-15
11-26
12-17
$12 V2c
Barlow
1J- 5
"11-15
40c
$1.75
Co.
'.*11-15,
1
12-
21c
:
Guaranty
1
12-14,
.
12-1
•
25c
(American shares)—_
Extra
^Tl- 5
•
11-24!l
1-2-49
83/4C
-'<> 5c
15c
_L~
(quar.):
common
Mortgage
Co.
12-31;
11-15-
■/Class
Extra
(quar.)
.12-20
.
11-19
1
"
&
Machine
5c
11-25
5c
Co..*--—__—_______
11-25
11-15
11-26
11-15
11-15
•
"
Extra
Stock
50c
dividend
200%
Corp., Ltd., common (quar.)
4%%
convertible
preference
Arkansas
Class
Natural
Steel
&
Gas,
common.....
Stock
.
conv.
preferred
preferred
(quar.)__
(J. H.)
(cash
dividend)
preferred
12-15
Forge
Co.
Bullock
Fund,
Ltd.
Bullock's,
Bulolo
(quar.),
12-
1
11- 8
12-15
12-1
12-15
12-
1
"25c
' 3%
12- 1
11-15
" 12-20
11-15
1-1-49
12-10
1-1-49
Gold
Bunker
Hill
(year-end)-i(rreg )
(quar.)
Dredging,
&
———
Ltd.
Sullivan
—___
(interim)
Mining
&
:
$1.30
50c
50c
$$1
,
11-23
11-15
12-
1
II-12
12-
3
11-15
12-
1
12-
1
Concen¬
trating
11-12
11-12
11-12
Co.
(quar.)
__!—'
Extra
Mfg.
(F.)
_________
25c
—_—————
25c
:
,
Tl-
3
11-
3
11-27
75c
Co
.
10-30
.
Extra
3%%
common
12- 1
11-
50c
12-
1
11-
12-
1
11-
1
87V2c
$1
12-
1
11-
1
: 12-1
41-
1
12-10
11-
I'¬
ll-
1
37'/2c
(quar.)__2
—
—
87y2c
12-10
Burlington Mills,
(quar,)
_______
convertible 2nd preferred (quar.)__
preferred
,
1
1 "
12-10
12- 1
Ltd.—
(quar.)
Inc.
12-10
12-13.
$60c
(quar.)
Buffalo
11-15
1- 2
40c
(irreg.)
Associated Dry Goods, common
6%
1st preferred
(quar.)
2nd
-12-29
'.-50c
$1:50/
$15c
Hardware Co.,
B
,v
—
_______
1
93%c
(quar.)
Class
11-
^,,,.^.$1
dividend
A
10-29
10-29
11- 1
11-30
Extra
Burkart
(quar-.)
Carpet Co.
12-,1;/
12^1
11-30
15c
(quar.)
Corp.__
Co., $6
Class
7%
.11-12
20c
_*
Armstrong Cork Co., common....
$4 preferred (quar.)
$3.75
.
11-12
*'
.'JSC
si'-$1.12Va
A
preferred
Armco
12-15
12-15
20c
Argus
Ashdown
_■
8
com-
1/100
12-16
75c
Ccrp.
Co., common (quar.)—
.6/4 class A preferred (quar.)
12-16
25c
(quar.)
Extra
Electric
12-27
1-
Beaver. Lumber.
dividend—25c
City
held—
American Ice Co. 6%
Artloom
(quar.)
25c
12'/2c
$1.12'/2
$1.50
11-22
11-19
11-19
_
Co.
cash
dividend)
(stock
Hide
American
11-26
6 8 Vic
Works
of
held—
stock
City
of
12-15
50c
(s-a)_-
;
.____
Extra
Whiting
"12-11
25c
Light & Telephone Co.,
Machine
2/100
share
American Home Products
$3
11-15
—I
(quar.)
common
Barber-Ellis
"•>.2-'
City Electric Co.
General Corp., $2
preferred
(quar.)
preferred
(quar.)
6%
11-15,
1
(quar.)..
preferred (quar.)
America,
11-24
12-
(quar.)
&
11-15
l!
Steel-
Los Andes
Bond
11-20'
1
11-24
dividend—^
cash
dividend)
preferred
Armour
Paper
Wheeling & Lake Erie Ry.
Wico
2-
5
4%
Bankers
5
11-24
common___»v__»
$2.50
6%
Special
Extra
Whitin
75c
1-
1
& Seashore RR.—
special guaranteed
West Virginia
Western
1-3
12-10
25c
_____
Inc.
$?.5c
$50c
(year-end)_
Wellington
West
(initial)-
-Pictures, Inc._
Brothers,
Class
Waukesha
com.
■
de
12-
12-
12-15
12-10
$1
,
;
$2.20
common
9
43 %c
(year-end)—
(quar.,)___
Co.
3
Banco
AX-2C
8c
preferred
Radio
preferred
i^-lo
12y2c
tquar.).
American
12-22
1-10
$8.75
preferred
1
1-14
(quar.)—
$5.50 prior preferrd
12-
12-
(year-end)
Valley Mould <fc Iron,
2
11-29
12-23
Y.)
Light
Mohawk
1-
7
1
$1.75
Co.
Products
lower
Utica
Car.al
preferred
Co.
12-
12-15
12-
$2.50
(year-end
S.
12-15
50c
&
Co.
7%
U.
(accum.)—_
(quar.
ItR.
S
U
11-30
75c
tquar.).,
pfd.
Lumber
J.
12-10
12-15
40c
S
U
32-20
31
25c
Inc.
United
..United
_4\
convertible
6%
11-10'
11-29
12- 1
12-1
(special)
Co.,
quarterly
share
43A%
12-10
Porcelain
11-10
1
12-
11-22
12-10
Atlantic City Electric Co.
for each
share
held—
each
12-10
12-20
15c
;
12-20
32c
20c
Fund
(irreg.)
(quar.)"—
common
1
12-
$12'/2c
25c
25c
20c
_
(quar.)
prexerred
1
12-
tioc
(quar.)
11-10'
12-
12y2c
(quar.)
of
Common
12-10
Union
l'/o
11-16
50c
Cc.
Co.—
American President
Union
Union
Stock
share
$6
Corp.,
Baltimore
RfMliC.j.LW!
50c
—
_—
share held
each
1
12-10
D.
V.
4>/a%- prior
11-10
1
25c
(monthly)
Comeries
12-
25c
l
(quar.)
Tiling
Electric
&
each
Atlantic
6%
B.
Mills
11-26
11-15"
25c
common
America
of
Corp.
Products
12-18.
12-10
11-30
$5c
12- 1
;../5Cr
Inc.
1
25c
—
Co;
12-23
$1.12 y2
(quar.l
Allied
Aysmre
11-19
11-15
1 '$1.25
—_——
Growers,
American
50c
preferred
convertible
Underwood
.11-30
12- 1
12- 1
87y2c
.12-45
Hoe
extra
Common
11-30
12-10
Corp.—
(quar.)
prior
12-10
20c
Co., Ltd.,
Co.
Manufacturing
Avondale
11- 3
11-22
11-20
Atlantic
for
Common
$3
11-22'
12-31
:
Canteen
Avon
11-10
11-18
11-2<K>
Co.
(stock
of
./Common
11-30
35c
quar.)__
Extra
Union
11-22
12-15
12- 6
12-10
12- 1
6c
$1
quarterly
share
11-1.9
1
12-20
$15c
T_
Troy & Greenbush RR. Association
Truax-Traei*'Coal
11-30
12-
5c
Gas
Common
3
50c
»
Angeles)—
(s-a)
Toronto
Trico
$130
$2.25
Service
(quar.)
Barnsdall
& Socket
&
Fruit
American
11-24
interest (year-end)__
prop,
Inc.
(year-end
Insurance Corp.
Fork
American
11-29
12-15
12-15
12 Vic
American
:
37 y2c
•
25c
Express
11-29
$1.30
___■_
shares
12- 1
4c
Co.
Forging
11-15
12-15
$25c
Extra
'
1
(Year-end)
Encaustic
American
Texas Pacific Land Trust—
-
Chicle
A
Avco
12-10
(quar/)^•■«!' > 30c
(quar.)
1"
11-22
—
Electric
Class
Automatic
11-20
1-
Shares
Co.
American
1
75c
Co.
12-
12-15
Bancroft
(Joseph) & Sons
(quar.)
Bangor Hydro-Electric, common (quar.)
7% preferred (quar.)
12-10
Extra
1
1-11
$1.12 Vi
Can
American
1
'25c
Board
Business
American
.
—
Box
American
Auto
Corp.—
(quar.)
1
12-15
50c
(quar.)
Baltimore
preferred "(accum.)
preferred
12-
$2.50
Mines, Ltd.__
Autocar Co., 5%
series A ccnv. pfd. (quar.)
5%
series
B
conv.
preferred quar.)—__
5%
convertible preferred C
(quar.)..
12- 2
11-22
11-15
Special
1
30c
a
Sulphur
Gulf
American
American
12-11
1
25c
Texas
prior
Common
$12y2c
.
convertible
20c
1
12-
—„—_•
Extra
Beverage
4%
12-15
12-
$25c
(quar.)__.___
_
American
mon
Power, 6% "2nd preferred -(s-a)
Tennessee
12-15
12.31
5 6 Vic
___
(quar.)——
Taylor, Pearson & Carson (Canada), Ltd.—
Common ___!
5%
12t31
25c
(James),
Co.
American Automobile Insurance Co.
1
25c
Co.
Paper
Arch
3
25c
—
preferred series A (quar.)_
convertible pfd. series B
(quar.) '
Sutherland
1-15
$1.25
(quar.)
(quar.)
common
American
Ccrp.
Gold
12-23
12- 5
15c
$50c
70c
preferred (quar.)_
(year-end)
' • "yurr'^' .•
12-15
$1
6%
:
3V2%
11-19"
$i
50c
(quar.)
"
,
11-19
(quar.)
(year-end)
Co.
Building
Holding Corp. (s-a)___
Airlines,
11-19
,___—
Strawbridge & Clothier, $5 preferred
Amerex
Tack
Company,
.____
(quar.)
American
12-10
10c
15c
Sun
1
—
(quar.)
i—:—
Sunray Oil Corp.,
11-25
75c
—_•—:—
—
11-30
12-15
11-25
37 Vic
.
Co.
(quar.)—,—
class A
Mills,
—
■
Class B
*
;
(year-end)
Webster, Inc.
12-15
25c
class A
—_——•___
preferred
Stone
Corp.,
-
12-15
35c
v,
__
Extra
12-15
1
12-1
30c
preferred
Powder
Atlas
of
Canada, Ltd.—
<4%
preferred (quar.)_____
Aluminum Industries, Inc.
(quar.)
i7y2c
_____
—
,
Atlas
4
Co.—
Balfour
,12-10
12-
„
11-12
56'/4C
Engine
Baldwin
$1.25
tquar.
12-13
11-15
■
A
11-10
12-14
12-20
11-15
(irreg.)
Cement
Diesel
11-15
Ship
Steam
40c
81'Ac
______
(quar.)_—!_
of America, common
Co.
preferred
Imperial
Series
11-20
11-15
11-20
12-16
11-27
12-24
10-29
12-10
50c
93%c
(quar.)
common
preferred
Atlas
12-
12-13
$1.12 y2
25c
75c
$1
•
(quai\)___.
Mfg.,
convertible
common.—-
Indies
West
&
12-14
$1
(quar.)_,
11-10
—__—
(quar.)
common
t
Railroad,
11-22
$2
Conn,_
.
11-20
12-10'
„
10-29
25c
Lines, common (reduced)
5%
non-cum.
preferred. (s-a)__—______
Atlantic;.'Refining
(quar,)——-r———>—
Extra -iiffl.,
_i
1
Holders
12-15
1- 3
12-15
12- 1
12- 1
12-11
1-10
12-15
12-31
12- 1
1- 3
1
Co., common (quar,)-/.—.
prexerj'ed
Gulf
10-29'
12-
$2
of
Co.
Line
1
RR
11-24
11-24
12-28
1-20
"12- 1
(quar.)-
Inc.
Corp.,
65c
Carbon
$1
50c.
25c
$1.25
H5c
$1.05
40c
25c
———
30c
Speer
Coast
4 Vii %
Payable of Rec.
$$1.25
$25c
7'/2c
$2.50
$50c
—
(quar.)
(quar.)
common
Line
11-21
12-
...——---
Point
West
Coast
Atlantic
Aunor
Addressograph-Multigraph Corp. (quar.)
Aetna Standard Engineering Co., common..
5%
preferred
(quar.).—
Agnew Surpass Shoe Stores, Ltd. (increased)
Alabama Jt-ower Co., 4.20% pfd.
(quar.).
11-15
25c
—
When
Corp
Atlanta Gas Light
1
Ltd.—
—
preferential
Corp.,
preferred (s-a)
Works, Ltd., $1
Steel
11-20
25c
——
_—__
12-
25c
—
(quar.)
(quar.)
imrtic
Glove
4%
30c
25c
/■
i
(quar.)
Sugar Refineries,
Allied
$1.25
sinking
A
Electric
Acme
11-30
Co.—
Investment
(increased
Southwestern
1-
3
12-20
50c
———___—
preferred (quar.)
fund preferred
5 %
1-
$$1.25
(quar.)——
.preferred
$1
1-
Electric—•
Si
preferred
11-30
&
Atlantic
1
12-
Share
Company
preferred
Class
Acme
2
12-10
$15c
(increased).—
(quar.)—
Co
Gas
1-
J $ 1.75
,
Iron
&
Co.
Royalty
Southwestern
5%
(qua r.)
Steel
5%
11-30
5%
—
12-
1- 3
Products
(quar.)___
11-21
12-21
$1.50
r
12-21
$1.44
(accum.)
(accurp-).
Atlanta
give the dividends announced in previous
Atlantic
Acme
preferred (quar.)
Slverwood Dairies, Ltd., class A———
Silverwood Western Dairies, Ltd.—
5 %
Acadia
11-20
12-
$1.35
-——
Sloss-Sheffield
1
12-15
$1.25
7 %
12-15
Per
Name of
$1.68
preferred
Athey
The list does not include divi¬
dends announced this week, these being given in the
preceding table.
'
11-30
12-31
Canada—
of
25c
-
Holders
Payable of ReC.
i
•
$2
weeks and not yet paid.
12-10
1-15
25c
preferred (quar.)
Shephard-Niles Crane & Hoist Corp.—
Co.
11-24
12-20
$1.25
common
Year-end
6
10c
1st
Sherwin-Williams
3
12-13
t2c
Mining
—
Mfg.
12-
12-29
12-
25c
————
(year-end)
Sheep Creek Gold Mines, Ltd. (increased)
Shenango Valley Water, 5%' pfd. (quar.) —
Shelter
2
12-20
12VaC
——
.
25c
Below we
Telegraph—
&
preferred
Atlantic
11-30
Association,
Loan
—
Refrigerator
1-
$1.10
(quar.)
series A
preferred
Francisco
Ltd.
-
12-15
c
Regis Paper Co.—
Telephone
Atchisa»i, Topeka & Santa Fe Ry
12- 1
11-30
11-20
11-26
12- 1
1
37'/a
(quar.)_—
Co
J
Steel Door
Share
of Company
7%
1P-24
1- 2
$15c
12-15
,75c,. 12-10
35c
12- 1
$3y2c1-3
25c
12-15
Extra
Co.-,———,
(Conn.)
$1.12y2
—
Extra
12-15
Name
Associated
12- 1
12- 1
6%
$1.25 "
&
Youngstowu
12-20
50c
Steel__..__
Manuiaccunng
Co.
12-15
12-15
30c
When
Per
Holdat
Puyaole of Rec,
Share
com,.
(year-end)
Hirsch,. Inc., 7% pfd. (quar.)—
Wright-Hargreaves Mines, Ltd. (reduced)__
Winters
$1.70
Ruud
*'
1
s-a.)
5
12-
12-10
12-20
(initial
preferred
conv.
Wilson-Jones
12-15
30c
5%
"
Machine Co.,
Gibbs Sewing
&
1
11-25
12-
Willcox
Willys-Overland Motors, Inc.—"
$4.50
preieired
(quai>)__.
Wilson (J. C.), Ltd.
(quul\)__*_;
11-19
50c
(quar.)
Name of Company
3*
12-
$1
Ronson
12-
$$i
Mills, Ltd,, class B
H.) Company (quar.)
(H.
2
12-10
30c
(quar.)
3"
12-15
2c
—_—*_
,___
12-
1-
25c
Reliance
2
When
Per
Holders
Payable of Rec.
25c
Monday, November 22, 1948
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(2158)
40c
$1.50
$1.75
12-
1
12-1
3V2%
4%
preferred
(quar.)
Burroughs, Adding-Machine
Burton
Dixie
Corp.
Year-end
Butler
Brothers,
15c
(quar.)—
50c
(quar.)__
'—_____
4'/2%
pfd.
—
(quar.)
55c^
$1.12'/a
12-1
11-19
12-
1
11-19
12-
1
11-
.
•
3 '
Volume
Number 4753
168
THE
Per
Name of Company
Butler
Share
\ .'
butterfly
Hosiery,
$1.75
12-15
______
435c
12-15
12-15
(A.
M.)
12-23
12-
6
25c
12-23
12-
6
11-22
10-22
11-19
11-12
(s-a)
Company
_______—_
—_
Extra
Cable
,
Wireless
(Holding),
preferred
(s-a)____
&
5724
(Jotton
California
California
Camden
Mills
Electric
Power
Forge Co.,
convertib.e
5 y2 '/(i
Canada
Cement
Canada
Crushed
Extra.
Stone,
$4.25
Flooring,
Foundries
Ltd.
1
11-19
1-
1
12-15
$32 72c
12-20
11-19
Columbian
JlOc
$lOc
12-20
12-
1
Columbus
1- 3
12-
1
$31.74c
1-
3
12-
8
tl5c
1-
3
12-
8
tlOc
1- 3
12-
8
$25c
_______
A
B
(annual)
Making
8"
1-. 2
12-
8"
1-
12-17
137V2C
$$1.50
—
12-15
12-17
12-15
12-
1
1.
$15c
12-
1
.Extra
.r
Canaciian Car
Common
&
tinitial)e.-_W4^*-vl
Ltd.
Lid.
(quar.K_.^___-_x_...>
—!
class
preferred
120c
.
i.
Food
Products,
(Class
A
,4724
preferred
Ltd.,
'
_(quar.)__.
Foreign
Quarterly
Class
Oil
Cos.*
Canadian
Ltd. Mqunr.)
12- 6
11-
Boxes, Ltd.^—
Steel
Caterpillar
Arizona
preferred
$1.12 V2
Public
preferred
«fe
South
Common
4
.
12-
1
11-15
11-30
12*17
'
»
(quar.)_'.
12-18
12-
12-18
Co.
15c
________
(quar.)
12-15
12-
12-15'
.
$1.12va
(irreg.)
Chesapeake & Ohio Ry.,
common
(quar.)-—
preferred
Rock
8/;:
(quar.)
Nest
I'crster,
&
Forster
v
*
Coal
Pass
&
Crum
'
.
77*
Cuban
Sugar,
Co.
12-
pr&ferred
75c
Corp.
Sons,
1-
•
7
Power &
Deere
&
Co.,
12-15
11-27
12-15
11-27
Delaware
Floor
75c
12-30
12-10
Delaware
&
75c
12-30
12-10
Delaware
$1.25
12-31
12-10
Del
12-
25c
Light,
1-14-49
1
7 7*
preferred
(cash
Delaware
,
&
Monte-
Co.
Properties
Co.
of
9-
8
'<"
'4% preferred (quar.)_—____—44^
City of Paris Dry Goods Co., common (s-a)_
7"%
1st preferred
(quar.)
City Water Co. of Chattanooga—.
of
a
share
held).
Pittsburgh RR.—
guaranteed
(quar"')__.
&
special
guaranteed
Industries
Aluminum
Coca-Cola
A
Coca-Cola
Class
Cochran
A
of
11-10
3
12-24
47*
2-10
Dixie
-
Foil
—.
Common
Common
87y2c
11-29
Doernbecher
11-29
Dominguez
11-15
Common
1-1-49
(now
on
(quar.)
.
12-
quarterly basis)
11-16
Federal
Ferro
12-16
11-5
12-15
12-1
1
11-10
5 7*
..
Mfg. Co
Oil Fields
11 -24
11-24
'12-15
12-
1
$1
12-15
12-
1
12-15
12-
Co.,
Steel
B
Coal
12-1
$1
&
Common
12-
20c
6-1-49
5-
2
Gair
3
12-
11-13
1
11-20
11-29
Common
11-30
11-18
$4.25
12-
1
11-15
40c
11-15
10-25
12-
1
11-12
12-23
11-15
35c
11-20
11-
6
40c
12-15
12-
)
77*
(quar.)
preferred
A
preferred
General Industries Co.,
Mills,
General
Motors
1
1
Inc.,
1-.
3
12-10
1
11-15
12-
1
11-15
General Tire
15c
12-10
11-26
Gerber
12-
1
11-19
15c
12-10
11-30
25c
common-
11-30
11-17
Corp.,
$1.25
12-15
12-
12-
11-13
1
(quar.)
1
<
Godman
"
Co.
(II.
$30c
11-25
$25c
2-1-49
1-
7
Golden
$$1.25
2-1-49
1-
7
Goodall-Sanford,
10-29
Goebel
Brewing
4%
$62'/2C
1
11-15
12-16
12-
11-16
Ltd.—
(quar )
Co.,
$3772C
•
12-15
11-18
Ltd.—
(quar.);
preferred
(quar.)2122
$ 25c
2-1-49
$25c
________
1-3-49
1-
3
Ltd.,..(quar.)
Dorset Fabrics; • Inc.'' (year-end)
Douglas Aircraft "{Increased)
Bros.',
Industries.
Ltd.
(quar.)
—
$25c
10c
$5
-15c
12-
1
11-16
l
11-15
12-
3
12-20
12-10
12-
11-15
1
/
12-29
12-
8
1-
5
$1.0674
2-
1
12-
1
11-12
12-
1
11-20
11-25
11-10
11-25
11-10
12-11
11-23
$1.75
5 4
preferred
pfd.
common
2
(quar.)
(quar.)
$1.25
84%c
(year-end)__
$2
$1.25
933ic
(quar.)__^
1-
3
12-28
12-
1
12-10
12-17
12-17
11-10*
11-18
2-
1
2-
1
1-10
12-11
11-19
1-10
26c
25c
12-10
11-19
$37
2
12-10
425c
11-30
11-19
25c
12-10
$1.1273
12-30
12-15
25c
11-30
11-26
10c
11-30
11-15
25c
$1
1-
12-15
11-24
—
12-
3
Co.
64
preferred
(quar.)_
(quar.)
12-15
12-
3
$2c
Co.,
12-
1
11-
8
3772c
12-
1
11-20
Ltd.,
Inc.,
12-11
11-19
5c
com.
pfd.
(quar.)
(quar.)
(quar.)
Goodyear Tire & Rubber,
common (quar.)
$5 convertible preferred (quar.)
Goodyear Tire & Rubber Co. of Canada—
Reduced
Macka.v Stores, Ltd., class A (quar.)
(quar.)_
B
Extra
12-11
12-31
12-13
3772c
12-
1
11-15
$1
44
$1
12-
1
11-15
$1
$1.25
12-15
11-15
12-15
11-15
$50c
Co.,
preferred
Class
12-
12-20
20c
State
Gordon
12-10
11-16
12-
$1
Extra
Ltd.—
1
11-15
$2.50
Ltd
C.)
1- 3
12-
11-15
'
20c
common
______
Oil
11-15
i
$1.75
_________
Oncreased).
4727*
preferred
(quar.)___:
Gerrard (S. A.) Company, preferred
(s-a)_
Gerity-Michigan Corp.
(quar.)
Girdler
(The) Corp. (quar.)
Globe
l
1
1
25c
Rubber Co.
Products,
Extra
Ltd.—
&
12-
1212-
75c
Advertising, common..;
General Precision Equipment;
General Steel
Castings, $6 pfd. (accum.)
12-
11- 5
25c
Outdoor
10c
5
11-20
30c
$5 preferred (quar.)
$3.75 preferred (quar.)___
General
5
11-
11-5
$$1.
common
3%7*
Corp.,
11-
11-26
50c
(quar.)
(quar.)
General
1
11-26
75c
__
(s-a)
12-24
11-19
1
11-20
75c
A
Fireproofing Co.,
15c
.
(year-end)
Cigar Co., 74
11-26
11-19
11-20
25c
>
series
11-12
12-
1
1
12-
12-1
$1
(quar.)
1
12-20
1212-
12 7ac
common
12-
$1
12-15
12-15
5674c
(quar.)
12-
25c
25c
.
1
12-29
$25c
(quai.l.
Co.,
12-10
1-15
11-10
1
10c
conv. pfd. (quar.)
(increased)
Co.
12-
40c
371/aC
—__
67*
12-
Canada, Ltd.—
Works
preferred
General
12-
25c
pfd. (quar.)
General Dry Batteries,
Inc._
General Finance Corp.—
47* convertible preferred C (s-a)
12-23
11-24
11-24
12-15
$25c
Trailer
12-20
12-1
12-10
12-10
6272c
________
—
12-31
12-10
$1272C
12-15
11-15
$127zc
12-15
11-19
11-15
$1272c
12-15
11-15
$2.50
12-15
12-
12-1
Gorham
Dover
(quar.)
General America Corp. (quar.)__
General American
Transportation—
General
11-20
$1.127a
Garrett
$25c
Ltd.
1
.
(quar.)
Corp.,
Chemical
1
3
12-
60c
(accum.)
&
Tar
2-
(quar.)__
(quar.)
Industries
35c
.
pfd.
Ltd., 47* pfd. (quar.)
(Robert)
Company, 6 7*
pfd.
Corp.
12-
12-6
1
$1
Co.,
1-
11-15
1
57^
Co.
preferred
1-
1
1-
$25c
20c
(special)
Stores,
11-
11-10
(quar.)
Investments,
Dominion
1
12-
4'4
15c
;___
(quar.)
Dominion
12-
35c
Ltd.
1
3-1-49
Fruehauf
12-
12-
50c
(quar.)
Bridge
Frontier
$$1.25
1
20c
11-17
:,
12-
$25c
dividend)
Sulphur
11-10
11-15*
11-15
$25c
Pitt
11-10
11-15*
1
1
50c
____
Extra
$1
(quar.)
preferred
Dominion
Donohue
(quar.)
_________
12-
1
1212-
$30c
B
12-
v
Anglo Investment
Dominion-Scottish
5 7*
(cash
A
12-
12-
1
11-15*
/25c
Co.
Extra
Class
1
1
25c
dividend
Mineral
3 4
—
5c
12-
1
11-23
Manufacturing
Gossard
(H.
Co.
(year-end)
1
11-15
12-10
11-24
11-
12-
11-15
1
3
W.)
Co.
(quar.)____
Hosiery Co.
(extra)
35c
12-
1
11- 5
35c
Extra
Gotham
1
1212-
t
$1.25
(s-a)
Freeport
11-20
1-1-49
40c
1
12-
12-10
U
25c
nreferred
Class
12-10
$1
Franklin Simon Co., 4727*
(resumed)
12-
1
Stcck
Gair
11-15
$1
Connell Dredge* & Dock
11-17
,
12-1
Stores,. Inc.—
Common
25c
.-
Co.,
1
12-31
Fair
$2.50
Fort
$1.1272
:
—
62y2C
12-15
1-10
1
12-
—
11-17
/
.12-15
12-15
11-
933/4c
(quar.)___
$3
12-15
Extra
$1.75
$15
12y2C
12-
15c
(quar.)
preferred
(quar.)_
Class
—
12-
—___„—____,—
Ltd.
12-16
1
Extra
•
12-3
12-22
:
57*
preferred
(quar.)
Fishman (M. H.) Co. (quar.)__
12-
80c
„
Bridge,
57*
12-
(s-a)
(s-a)
Corp., $2 preferred <s-a»
Carpet Co., common
(quar.)
15c
Malting
1-3-49^
12-10
common
common
Ford Motor Co. of
(quar.)
(quar.)
Common
-
B
45c
(quar.)_
Dominion
11-16
15c
35ok,-12-20
-.$20c
York
11-12
(quar.)_-
common,.
Dominion
11-10
40c
Class
Foote
$371/20
;.w-•
12-16
3
12-10
(quar.)
(quar.)
preferred
12-1
>•
A
1
11-29
12-15
1-2-49
12-
1-1-49
11-
11-12
$2.50
107*
__i__
of
12-10
12-
4
8
11-30
12-20
Corp
dividend
1-1-49
11-15
4
1111-
____
1
75c
11-26
11-10
11-
11-20
12-
Food
11-15
12-1
11-20
11-30
Products
Class
11-15
1
11-15
11-30
11-30
11-15
:
12-
1
12-43^
(quar.)
(stock dividend);
12-17
1
12-21
12-
12-13
25c
_____
Works
II-31
3
11-15
11-17
1-3-49
1
1
12-10
50c
12-
12-
12-10
$1.75
12-
1
10-29
$1.25
15c
—
$4 preferred (quar.)
Florida Power & Light 4727*
12-
12-
1
40c
Corp.
Flintkote Company, common
Extra
;—
40c
12-31
12-
12-10
12-17
$1.75
1-1-49
3iy4c
Canada, Ltd.__^
Tire & Rubber, 4>/27* pfd. (quar.)
First Security Corp of Ogden
(Utah) —
8
1-25-49!
1
2
12-17
1
12-
12-
if-
12-
11-15
12-31
Fitz Simmons &
2
11-20
1
—5c
Fittings, Ltd., class A
12-
1
12-15
12-
Co.
(quar.)
(quar.)__
11-12
1-2-49
12-
25c
.___
Insurance
_____
11-12
8
12-15
37l/2c
Firestone
11-
3
$1
preferred
Enamel
Cash
11-12*
11-19
11-12*
1-
3-16
Screw
Fibre
$1.25
(quar..)
Life
—^
11-12
Firth
1,
11-29
50c
12-10
Federal-Mogul
'
12-
4
12-31
1
Co.
Pepper
12-1-
62y2c
(quar.)
II-30
12-31
Sl.OGVi
12-
11-22
Extra
12-13
11-19
1
12-10
1,
Y;,- common
(quar.)
Company
20c
(year-end)_
(s-a)
a
12-10 <;
<
$1
(s-a)
Co,
6
3
12-10
12-
50c
Rico
___
11-29-
12.y2C
Plow
8
12-
11-29
12-24
4-1-49
conv.
11-22
__
(quar.),.—
Dobeckmun
59c.
$1.50
common
11-
12-15.
12-24
60c
$2.50
12-
:
2O0
Special
Cockshutt
A
12-15
$1.12.V»
(irreg.7
pojn.
11-15
I-2-49
11-19
12-4
1-24
Enterprises, Inc.—
$1.25
8
1
12-17
12-20
Company (quar.183/»c
Shops, Inc. (quar.)
15c
—
Federal
11-
12-
70c
B.)
12-
(initial)—
common
Houses, Inc.
124 1
40c<
;
,—
Co.,
Dobbs
Dominion '&
—.
—
preferred
Corp.,
>
common
Corp.
12-14
Extra
12-14
12-28
1
30c
Co.
preferred
Cup< Co;,
12-15
$1.25
-
•
(s-a
(s-a)
12-28
,12-
10c
(year-end)
(quar.)_
Dr.
—_
11-19
6
50c
(
$1
Co.
Inc.
12-15
104
12-
4
25c
(quar.)
Bake
7,11-12
—2
Co.
(Kansas)
Match
Dictaphone
1
1-
com¬
(quar.)—
Products
Internat'l
Coj
Walt,
12-
50c
6
(year-end)
Traders
$1.05
(quar):
Stock: Yard
Edison
Class
;—
.Company,
class
Oil
Diamond
11-10
___________
Year-end
54
De
-
2-15-49
12-1
(quar.)____
(monthly)-
Monthly
•
Clorox Chemical Co.
•
$1
$3.50
$1.75
dividend) Tquar.)—
share
Federal
$2
Extra
—
7%
,
11-15
11-10
$1.25
—
$3
12-14
12-1
Co.—
preferred
(quar.);
Clearing Macbino Corp.
(quar.)___
Cleveland Electric Illuminating Co.—
$4.50 preferred CquaRfa-.;
Club
$1
(quar.)
'54
4 4
11-' 9
11-26
Derby
Union
Detroit
35c
—
common
preferred
11-10
11-20
75c
(1/10
11-15
1
50c
Derby Gas & Electric Corp.
12 ]/2c
12-
$9.51
$$1.50
—
N;
10-14-49
each
1'2-
1
,
—
Mfg; Go-.v, class A
25c
for
Quarterly
Farquhar (A.
25C
(quar.)
7 4
dividend
11-12
1
—_
Inc.
Denver
(cash
11-12
11-29
6
A
8
Common
11-29
75c
&
(Syracuse)
12-
(quar.)____;
class
8
(quar.)
I
12-22
15c.
(quar.)_
Porto
93%c
RR.
Products,
Dentists'', Supply
8
Brook
Hudson
Rayon,
Dennison
-
Bound
3-
preferred
Farmers
$12.25
—
6-
Equipment
Fansteel
11-12
$1
dividend)
7-15-49
(quar.)—;
Milling Machine,
11-15
12-15
$1.50
pfd. iquar.)_—
(irreg.)
Slock'dividend
25c
Corp.
1
$1.50
(quar.)
25c 4-15-49
Company
Copper Co
12-
12-
(quar.)
(quar.)
(quar..)_—4—
—
1212-
$1
pfd. A (quar.)__
Corp.
(quar.)
Metallurgical Corp
10c
(quar.)
common
(quar.)—______T
Chiksan
11-15
11-29
i25c
____—
Common
"
1
$$1.25
——
(irreg.)
(quar.)—
Dejay Stores, Inc.
11-19
12-
11-13
12-15
12-15
10c
(s-a)_.
Co.
of
J
(quarj
common
11-27>V>
25c
11-24
75c
Liquidating
Falstaff
Brewing
$1.75
:
11-20
<
21c
75o
1-2-49
25c
12-30
'4 11-15
(quar.)_
7 4
&
12-15
First
pfd.
Morse
3
25c
_____—___—
Door
preferred A
3%7*- -preferred
1
(quar.)
11-15
$1
Extra
12-
25c
-Tirreg,)
Inc.,
3%7*
4
ccm._:*'">
12-15
28c
(quar.)
common
Fajardo Sugar Co.
$17i/2C
Dayton
„
12-
RR.,
pfd.
(irreg.
$4 prior
(L. ; A;) • Company
tWDwis Leather Tlo.iTLtd., class- A
12-15-
'•
(quar.)_^
Fairbanks
75C
(quar.)
57*
Co.,
"(accum.)
Curtiss-Wright
7
1
11-15
25c
—
12-15
Corp.—#
common
(Mo.)
Publishing
$7
»
11-15<
3
1
$1.25
Co.
Gregg,
11-26*
50c
(s-a)_
_
(quar.)__
(quar.)____
preferred
11-26*
12-22
$15c
,•
(quar.)_____—.—_______
Sugar,
Atlantic
Mfg.
Ltd.
Co.,
preferred
87*
preferred
..Curtis
.
11-10
1-13
&
$1
-
11-18-
,1-
3
12-
&
Insurance
Coe
25C
—
Securities,.
Cuban-Alirerican
11-22- '**/
2-
-
3
12-
1-2-49
$1.02Va
(The)
$1.13
(quar.)
____________
(quar.)
(quar,)_
common
(quar.)
12-15
40c
..
(quar.)
prefemed .(quar.)
Co.,
Electric
12-15,
1- 3
12-
Oil, common
Fair
40c
preferred
Crow's
12-15
1
District
Derrick
Faber
12-15
Zellerbach
75c
Pacific
&
11-19
I-
(quar.)
preferred
—_
(quar.).'
5
11-
1
12-31
93 %C
Darling
1
Gas
convertible
12-
11-19*
11-10
i2-
$3
11-20
12-
12-
12-
12-
1-2-49
5
15c
>
(quar.)
Erie & Pittsburgh RR., 57*
12-15
Crum
1-
11-24
8
75c
Excelsior
12-16
Gtrshman'S
1-2-49
11-
1
15c
5
11-
IOC
Dahllstrotn ^-Metallic
'
12-
65c
25c
(quar.) _____
(irreg.)
11-10
1
__
Equipment—
44
convertible
preferred
(quar.)
Equity Corp., 20c preferred (s-a)
$1
30c
—__
Common
Clinton
11-20
50C
54
Island
Cotton
iCommon
Cleveland
50c
b
Co.
Drug
-i
12-17
(monthly)
(year-end)
preferred
Emsco
12-1U
11-15
25c
-
*
12-10
1-3-49
12-
—25c
—:
Sepecial
•5%. preferred series A
Chicago Yellow Cab Co
mon
11-20
1-3-49
28 !/aC
11-10
$5c
.Stock dividend
Stock
11-
50c
$1,121/2
(quar.)_
11-24
75c
—_
Extra
•
10-29
11-24
11-24
20c
Hill
Railroad
(quar.)
Chicago Corp.; $3 conv. pfd. (quar.)
Chicago Rivet & Machine (quar.)444______
!5'A
11-30
8
12-10
12-
(quar.)—87V2c
Chestnut
Clark
57*
(quar.)__
Oorp.-_u.-_
■
50c
——_—
r31/*Vt: convertible preferred
Chesterville Mines. Ltd...:
•
11-30
(quur.)^_—_
common
3^4-4
Petroleum
25c
(quar.)___________—15c
,
Chrysler
12-15
$50c
Corp.-, ccmmoi)___
$4 convertible 2nd preferred (quar.)______
12-; 1
1-1-49
—____—_4_$l,121/a
pfd. (s-a )___4:
$3.50
Corpotation
Cincinnati
Empire
62y2c
(quar.)
40c
—
A
Candy *Co.
Chile
11-
11-10
90c
r$2
8
11-26
Empire & Bay State Telegraph Co.—
44
guaranteed
(quar.)
12-
11-26
93%c
Company,
Curtis
(quar.)-—,
Chapman Valve Mfg. Co., V/o
.
11-15
&
40c
ild— ______.—a
Wood"- Products"
Crown
12-8
15c
preferred
Chickasha
12-
$ 12c
$1.13
& Sexton, 4V2V0 conv. pfd.
Crompton'-*&%.Knowles' Loom Works
>11-15
35c
12-10
$25c
(quar.i
preferred (quar.)—
Walker Dry Goods
Drug Co., 84 preferred
$50c
—_
preferred -(quar.)____—
Crown Cork':& Seal Co.,-Inc., common.
-
25c
11-10
11-
$1.50
4.257*
11-20
Ely
(quar.)—«.
6%
lL-30<"-: 11- 3
1
12- 1
11-24
$l5c
Emerson
Co., (quar.)______
Co,,- common
preferred
$4.20
12-
11-10
$1.50
$1.75
common
Watch
preferred
12-15
21/2 7*
11-10
20c
(accum.)
Co.
Corp.
Natural
11-15
-i'
com.
Paso
4.104
1-
____
—a
El
12-
______
(quar.)
1
(quar.)-.—___
—
preferred
12-
$1
(quar.)
(quar.)
-Cribben
•
■
12-1
' 11-16
1
1
45c
(quar.)
Co
National
$30c
—
11-15
12-31
1212-
75c
Year-end
$16y4c
(quar.)_
(quar.)
Co.,a.common
15c
Chicago
11-20
—
"4
Champion Paper & Fiber, common___„44.
.
11-15
,
—
prior
Charis
11-10
1
90c
Corp.
Belt Co._
Chase
1
12-
Products—
Aircraft
,$4.50
12-
;85c.
>.V
Extra
,
10-15
12-
prior preferred" )quar.)__—__—
Crown
-•
Mills
$3/75
Creole
$1
(quar.)_
Extra
Chain
jix-15
$1
25c
—_
__
11-10
4 30c
;
Ribbon
1
25c
—__u
(quar.)-
Certain-Teed
12-
27%o-
—:____'rru
West
Special
4'/2 '/t
Elgin
11-15
12-31
Coty International Corp;' (irreg.)
Courtauids, Ltd., ordinary 4interim—____
11-15
-
*;•>*' 4
Service—
(quar.)
Power Corp.—
Y.
11-30
$1.25
(increased)
'
Cessna
Electrolux
11-18
1
Corer; Inc.(quar.)\l 1
_—
~Z2.
Corrugated Paper Box,'Ltd., comuiorj__,^^__
54- preferred
(quar.)
i___^—
9-
75c
—
preferred r (quar.)
Light & Power—
Centurv
12-10
12-17
12-
15c
50c
3
11-
11-10
25c
25c
____
11- 9
3
11-20
21c
50c
1
12-
1-
11-23
11-10
$7.50
-
(quar.)
Corp
Boat
Cornell
^
-
11-23
12-18
12-15
$l'/2c
Co.,
Nut
Africa__
Paper
of America,
Corp.
preferred
$3
11-23
Steel
Stop
Electric
40c
75c
VC—
Central Steel & Wire.
•
Ltd.
Paint <&Warnish,
Extra
75c •'*
12-31
11-20
$1.75
—
Monthly
11-30
Crane
common
Ohio
Central
&
Continental ©hrCor;'444
11-15
1
Edgewater
12-15
7; Continental Casualty Co.-(Chicago)
Power—
preferred
N.
12-
11-19
20c
—
(accum.)
$1.50
Co.,"Ltd.i":60c muss A (quar.)____
eooper-Bessemer Corp;}- common (quar.)
$3 prior
preferred (quar.)
Copper Range Co;_'_^_
:
12-
12-10
Co.—
Water
Corp., $6 pfd. A
Auto-Lite
11-12
1
l$1.75
(quar.)
Illinois
Common
12-
12-22
12-15
11-19
Railway—
Products, Ltd
Eddy Paper Co., Ltd., class A
Electric
11-12
1
1
$1
Steel
11-30
1
12-10
States
12-15
Cooksville
'
12-10
><17'/he
Co.,
•
.
3
12-
50c
_____
(quar.)
Foundry
"
1-
(quur.)„_
Ltd.
$1.50
(quar.)
preferred
$2:50
Can
11-15
~*
Oil
preferred A
$7
Eastern
Elastic
—
Assurance
11-19
1
Company
50c
11-20
12-
137c
_______________—
(quar.)—_—_i__
Light &
12-
Eastern
11-12
(s-a)
Power
Continental
'<«.
(quar.)
preferred
3.604
1-30
Leduc
$1
47*
10-15
4
11-15
12-15
Mills, Ltd., common____
Continental
11-25:
11-26
1$1
Co.______
Tractor
Common
3.404
Gas
Cook-
.
Ltd.—
Co.,
12-10
1-3-49
11-18
.
1- 3
12-< 1
i
_—_
,
Container
11-15
12-15
t37y2c
(quar.
Cloth Mfg.
1
12-10
4$1
_—_
Central
East
30c
12-
$20ct. 11-15
.
Pirie, Scott & Co.; 4 V2 4 pfd. (quar.)
Cossidy's, Ltd., 74
prelcrred (quar. I
Catawissa RR., 54
1st preferred (s-a)
;§7* 2nd preferred (s-a)
______
Central
1
$$1
Co. ,(quat\)__
$4.50'preferred -(quar.)
$4152 preferred -(quar.)
.
5
120c
(yeur-endi
preferred
(quar.)
Carpenter
47*
Co.,.
5
11-
6
$15c
—____
A
Wire
Central
Consumers
2
12-
12c
Carson,
57*
12-
12-15
150c
(quar.)
Wirebound
class
$1.10
12-15
inc.^—
Soutli
Water
Power
150c
1
1-
5c
(irreg.)
_____
Picher
11-15
preferred ds-a)
:OohsohdaCed
"
Consumers
•-
(quar.)
Eagle
11-15
7"Consolidated'•'•TWeatfes,• Ltd;;-elaes A
/>•
11-30-
,*
preferred
1
___________
1
[Common
(
5%
12-8 ;■
12-
77*
12-
(quar.)
Extra
1-
»
12-
12-31
50c
Ltd.—
(accum)
Interuiban
12-15
40c
Industries,
Utilities
Glass,
3
Louis &
_____
Paper
Consumers
—_______
preferred
Central
Consolidated
llt30
Gold
Common
■1
•'
.<!
11-30
1-
St.
preferred
(quar.)
Manufacturing Co.
(quar.)^—
Y.)
(N.
East
3
Securities,
(annual).
-Fields- of
Gold
1
Canadian Silk Products, $1.50 cl. A (quan7-_
$37 %c
Canadian Tire Corp.,
4
130c *'
Canadian Western"-Natural Gas Co., Ltd.-4,4 -
Central
Consolidated
1
1-1-49
16c
$1
Eaton
A (extra)—______
(extra) ___________
B
1-
Investment Trust,
(accum.1_~_—1$1.25
preferred
Malartic
Canadian
$1.50
class
1-
Mines, Ltd:_
Canadian Motor Lamp Co., Ltd., (quar.)
Capital
Co.
ConsoiidatedM*aundries Corp.
11-15
120c
3
$62 V2C
3treet
B
1-
.
Inc.
class A
12-10
preference
Consolidated -.Gas
^
11-15
175c
——
54
$1.50
partic.
Common
Ltd.—
Corp.,
11-
preferred
1-15
3
30c
Goods,
12-15
International
Canadian
4%
m$1
$$1.1-2%
Investment
B
Ltd.,
preferred
Edison
Chemical
125c
—
Machine, Ltd., class A (quar.)
Industrial Alcohol, Ltd., class A_
Canadian
non-cum.
$2.50
Consolidated
11C3/4C
common___t;.
1
1
8
1
12-
Massachusetts
07*
6
1
12-
1
11-15
12-
12-31
12-
Class
3
——
Chemicals,
Hosiery Mills,
B
(irreg.)
67*
Consolidated.Press, Ltd.,-class A (quar.)
Canadian Ice
Canadian
Standard
consolidated-Natural
12-1
1
12-
Conso.idated Textile
(quar.)'
Canadian
Diversified
Consolidated
i ,10-29 '
.12-31'-
12-
12-
$3c
8
$25c.
12-20
$1.50
12-
125c
11-13
56 74 0
10-29
.
11-20
—
pfd.
6 7*
10-29...
4'
Durham
iquar.i-
(quar.)
11-22
—2i.---.2-... 125c
Canadian
Co.
12-31
(quar/):
11-19
&
75c
11-22
$1 preferred' (quar.——r.i_____
12-10
Plastics
3 7 Vic
120c
Extra
Durex
$$1.50
125c
Canadian-FEirbonks-Morse.' Ltd.
Dunlop Tire & Rubber
1st
preference
(s-a)
11-19
East
—
$$1.75
$43%c
(quar.)
11-19
(Toronto)—
___•_
(quar.)_
Ltd., com.
11-15
1
1-
"
11-15
11-22
1
3
3
12-
1-15
(qua*.)—
(quar.)
12-
12-15
$1
^—
12-
1-
272 4
81'Ac
Corp.—
Bradstreet
&
1-15
—
preferred
4 4
Hdldert
Payable of Rec.
25c
"
11-30
•
Dun
8
$1.25
Ltd.—
River Power,
Ltd,,
-•
12-15-j
120c,«1t3-49
150c vs
1
Electric
2c
(quar.)_
(year-eud)__
A
Celanese,
Mines,
Consolidated
;
.v
—_
Extra
$1.75
>
<
.
Foundry Co., Ltd.—
(quar,)__
Convertible
Canadian
;
_______
Bakeries,
Breweries,
12-
11-
(quar.)
Corporation,
50c
(quar.)___
Inc.
Power
11-15
Canadian
1
•
—_______
Coniaurum
11-15
12-
12-
25c
;
Connecticut
11-15
—
Drug Co.
Dravo
50c
(s-a)-
Year-end
11-15
12-15
Dow
dlv.)
•———--—
25c
Transportation
Congoleum-Nairn,
11-26
t50c
—_
11-15
dividend
preferred A (quar.)—,
$3.25 2nd prelcrred (quar.)—
50c
pfd.
$5
Quarterly
11-26
450c
(quar.)_.
11-20
1
Shearing & Stamping Co.—
Connecticut
_
Canadian
,
2
12-
3
1
12-
3772c
(quar.)it__—
Consolidated Mines (irreg.)
Confederation Life Association
8
Safeway, Ltd., 472 7* pfd. (quar.)___: $$1,1272
Vinegars, Ltd. (increased)
-4
120c
Canada
,
11-10
$15c
1
Canada
1
$l.G67i
___
co.
12-, 9,;
12-
Conestoga
Ltd.—
(quar.)
Class
*,
12-
■_
12-
25c
—
Increased quarterly
3
(initial)—
B
(quar.)__
Co.
Commonwealth' Telephone,
11-
11-20
When
Share
(cash
common
51
'
1- 3
common—15c
1
Co.,
$4
Dumont
——
Commercial
12-
Stock
11-19
11-20
45c
& Elevator (quar.)
Broadcasting System, inc., mass A
B
Rexall
1
1
of Company
Chemical
Dow
Corp.—
preferred
Carbon
1212-
62 72 c
—
(quar.)
Per
Name
12-14
2dc
T
Milling
Columbia
Class
$20c
—_
Forgings,
Colorado
„
Holden
12-31
50c
Co,
Iron
When
(2159)
Payable of Rec.
50c
(quar.
Power
&
convertible
5%
$5c
—
—1—-—
Sugar," Ltd.-:
Extra
,
12-
(quar.)
(quar.)
Ltd.class
Class
Canada
15c
(quar.)]—1
&
Fuel
'
87:/2o
(quar.
common..—
(quar.)__
(quar.)
Central
15c
(quar,)_l__
prefcried
Canada
Canada
,
$1.30 pfd.
Ale,
preferred
Colorado
343/eC
—r_.v-_t
Ginger
Dry
•
5%
Corp.
Inc.,
preferred
—
Ltd., common iquar.)__
convertible, preferred (quar.)
Dominion
4%
______
(quar.)
Canners,
&
Canada
Aikman
Colonial Stores,
12-15
12- 1
—.—-—;
Participating
.54 1st preferred
*,
Participating
Collins Si
"*
Colorado
(quar.)___—-
Ltd.,
Cdlgate-Palmolivo-Peet Co., $3.50 pfd.
>
,
.
preferred
.
uon-cum.
Canada
Ltd.—
common
Co.,
.
Canadian
>60c
,■
.
1
Share
.Name of Company
„.
,
11-15
25c
•
11-15
J 15c
23A%
(quar.)__—_—15c
Ltd.
Extra
12-
CHRONICLE
Per
Payable of Rec.
(quar.).__
preferred
7 4
Co.;
FINANCIAL
Holdert
;.—
Water
Byers
When
&
COMMERCIAL
12-
1
11-
50c
12-15 *
12-
5
1
.
fi
52
(2160)
THE
Per
\
Share
Name of Company
Gruflex,
Inc., common
preferred
5 %
(increased)
30c
—
$2.50
.
Gralton
*25c
& Co., Ltd., class A tquar.)
.Consolidated
Mining,
Smelting
Power
Co., Ltd., common—
Granby
Union
Company
(quar.)**
Grayson Robinson, Inc.—
(stock
Great
American
Great
Atlantic
.
7%
Extra
Great
Paper
I
*_*_
Western
7%
(N,
Tea
11-19
11-25
12-
11-15
1
11-26
11-
12-15
—
1
11-12-
12-
1
12-
1
11-19
1
(increased)Co.,
Mobile
&
***_,*•**
——_
(quar.)
—
$5
preferred
$5
(quar.)
preferred
$5
Oil
of
(cash
Gulf
shares
States
$4.40
Group
(quar.)
11-24
International
Utilities
Co,
Steel
_v-,
ll-i2
11-12
preferred
Kansas-Nebraska
Stock
11-26
11-12
Kentucky
.07
11-26
11-12
Kern County
.025
Brothers
11-12
11-12
11-26
11-12
12-
1
11-15
12-30
Land Co.
$5
Mill
prior
Co., Ltd.——
Hamilton W'atch Co., common
(quar.)
4% convertible preferred (quar.)
$1.50
preferred
1
11-15
Klein
12-
1
11-15
Knickerbocker
12-
1
11-15
Beneficial
—
t22y2c
12-10
12-
11-10
1
(D.
12-15
Class
Co.,
B
11-23
Common
11-20
4%
$1.12 V2
(quar.)
1-3-49
12-14-
$1.06V4
1-3-49
—
12-
1
11-15
12-
1
Harbor
50c
12-
1
12-
1
11-15
$1.06 V4
12-
1
11-15
Plywood
Corp.
Class
A
class
and
"B"
-
Co.
20c
—
(quar.)
Co.
17VaC
40c
(quar.>*___*____
in
B
class B
for
each
(stock
stock
six
Hazel-Atlas
11-12
1-20
12-
1-
1
11-12
11-30
12-15
12-
1
Cement
Corp.
25c
12-
1
11-20
11-26
11-25
30c
—
25c
$1
—
Hershc-y Chocolate Corp.
(extra).
Hewitt-Robins, Inc.
(quar.)
30c
__!_*
50c
25c
25c
common—*_•«_***__
3Va% preferred (quar.)—
Heywood-Wakefield Co., common
5% preferred B (quar.)
1-
12-17"
..
(Chas.
Corp.,
common
preferred
$1
1
(Henry)
Home
Oil
$4.25
Hardart
Light
Howard
&
Stores
4% %
A
(quar.)
Extra
Y.) —
(quar.)—.
Power (increased)
Lansing
6%
conv.
Idaho
preferred
Power
Illinois
Ordinary shares
Imperial Oil, Ltd.
12-21
Lee
(H.
(quar.)
11-20
1
11-20
12-
112-
of
Co.,
11-
4
7%
2
Lindsay
11-10
Lionel
12-
bond
International
12-
1
11-
6
12-10
11-10
11-29
11-15
12-
1
'
12-
1
r
$1.25
11-15
12-20
12-30
Loblaw
Class
37'/2C
12-
1
II-18
11-20
—_
11-20
11-
1*
12-
8
10-
12-
1
11-15
12-31
11-29
11-
8 v"
1
11-
1
$1
12-
1
11-10
12-
1
11-10
12-
$1.75
$1
(quar.)
1
11-20
12-
1
11-20
12-
1
11-20
12-10
12-
1
11-
8
12-
1
11-
8
12-
1
11-15
20c
11-22
10-30
11-26
10-30
$1
Special
12-10
1-28-49
15c
__4
12 Vac
1
12-
1
6
11- 3
11- 3
RR.
11-30"
15c
11-30
11-10
11-30
11-10
25c
(quar.)
12-15
12-
1
11-15
8 7 Vic
*
12-
1
11-15
12-10
11-24
Co.—
$1.10
$1.10
50C
(quar.)
&0c
(quar)
Inc.
(quar.)
____*_*„*
20c
3-10-49
2-24
12-10
11-24
3-10-49
12-
1
2-24
11-
5
Groceterias,Ltd.—
A
(quar.)
}25c
B
(quar.)*_
12-
1
11-
2
1
11-
2
$25c
Lumber
Co.
(Md.)
(accum.)—
Lumber Co.
(Mo.)
Coal
&
1
11-
2
12-
1
11-
2
$1.60
12-
1
11-12
$1
12-
1
11-
—
A
Long-Bell
12-
J12 V2C
class
Lorain
12-
——
-
3
Dock—
convertible
62 Vic
1-2-49
12-20
5%
convertible
62ViC
4-1-49
3-20
Taylor,
Louisville
&
Lowenstein
4V4%
preferred (quar.)
preferred (quar.)
6% 1st pfd. (quar.)
Nashville
(M.)
preferred
fir
A
RR.
$1.50
(quar.)
8c
M.
Si M.
1-
11-23
1-
1-3
<
1-1-49
12-20
1-15
12-15
11-
1
*25c
*
(s-a)
65c
_
12-15
$3
1-3-49
12-
4
11-15
4c
If
each
share
11-29
10-11
10-11
1-2-49
12-20
37V2c
—*
*
scries
25c
participating preferred
Participating (irreg.)
12-17
MacLaren
&
(irreg.)
Paper
(quar.)*.
1-
3
12-
1
12-20
11-20
12-11
11-20
25c
12-15
11-26
iy4c
12-15
Pipe Line,
Co.,
.
(quar.)
common
(quar.)
common
P.)
& Storage,
Paper
2
12-
1
11-1V*
$1
12-
1
11-10
$1.^2V2
—
12-
1
11-10
80c
1
12-
1
$43c
12-15
11-15,
12-16
12-
2
2
J$1.50
(quar.)***.
Company
12-
1
1
11-15
12-15
12-
11-30
11-20
11-
11-30
11-15
50c
12-20
12-10
40c
12-10.
11-17
40c
12-10
25c
Development—
12-15
20c
12-20
25c
12-20
12-
Fuel
Mountain
Producers
Supply
12-
3
lc
(year-end)*—.
6
12- .6
•*'.
lc
*
1
11-17 /
%
~
,
Quarterly
Mountain
1
$2
1—*_*
Extra
12-
3t
6
11-15
,
,11-15
30c
12-
—
35c
12-45."
35c
12-15
20c
62'/2c
12-15
11-30
12-15
,11-30
37V'2c
12-. 1
11-15
40c
12-20
50c
1-2
,
11-15
Brewing Co., com. (s-a)_
participating preferred (s-a)__
(s-a)
:
Extra
Muehleback
5%
.
s,
11-15
12-
50c
*—•__*__
&
12-16
12-
37'/2c
—*_**
(s-a)_*
*
Mining
,
1
12-
12-10
20c
(quar.)
Oil
12-
12-10
$1.75
t95c
Special
Diablo
12-10
$1.75
$1.25
Lines
,
12-15
Ltd.—
w*
Inc.
11-30
.11-18
50c
_*_*_**__*
Co., common
Mills
Corp.™.
—*
11-30
3
1-
Wheel Corp. (quar.)_-*____**_*_—_*
Motorola,
1-
87'/2c
commtn*
Morrison-Knudsen
Products
1-3
12-1
50c
;
&
11-26
( 12-31
-11-27
f$1.12'/2
—;
preferred—.**
(J.
9
l-l 0
12-20
f25c
(quar.)**
comma;
(quar.)
__—
Moore-McCormack
12-
;il-15
$1
—
1st
11-15.,,
12-15
50c
Tool**—
Refrigerating
1,;
12-15; ,,l^i5
f25c
Ltd
Ltd.,
Knitting,
Machine
,12-
t25c
|25c
Mills—
11,-26
1'.,. 11-15
12-
$1.25
^
—
61
^
25c
(quar.)**"**—*
Co.,.Ltd.—
(Geo.)
Murphy (G. C.) Company (quar.)
Murray Corp. of America—
Common
"(increased
—
preferred (quar.)—
Muskegon Motor Specialties, $2 cl. A (quar.)
Muskegon Piston Ring Co.*—
Chemical, 6%
Mutual
Telephone
4.80%
Nashville
Co.
50c
preferred
National
Automotive
Biscuit
Co.,
12-20
1-2-49
12-20
Inc.
11-26
11-1.5
National
Cash
$50c
11-30
11-
6
National
Casket Co.,
J25C
1-3-49
11-
6
National
Container Corp.
Special
11-23 '
1.-11-10
11-23
11-
9
;
.
62V2c
12-
1
11-13
25c
12-
1
11-10
40c
1-14-49
12- 7 '
40c
1-14-49
12- 7
11-30
11- 9*
(quar.)—
*
(preferred
12-
Co.
.—
common
1-2-49
11-26
12-16
'
12-12
,
$1
12-10.,
$1.75
Fibres,
75c
12-15
50c
,»
11-16
12-28
12c
,
12-20
'
Ry
Dehydrating & Milling
(quar.)
•
1
25c
preferred A
Louis
12-
11-15
!
$1.50
preferred (quar.)
(Hawaii)—
(quar.)
Chattanooga & St.
Co.*
11-15
'
quar.)
4%
20c
Co.
11-24
30c
-
(quar.)—***—*—
25c
Co.
9-20
12-10
$1
—*———*
Moore-Handley Hardware
5% preferred (quar.
7%
6-20
50c
(quar.)**
(quar.)*
Common
5%
3-20
7-2-49
10-2-49
50c
preference B (quar.)__*—
preferred A (s-a).
Montana Flour Mills, common (quar;)
7%
1st preferred
(quar.)
'7% 2nd preferred (quar.)**
;
Montreal
Cottons,
Ltd.,
7%
pfd.
(quar.)
Mount
4-2-49
25c
convertible
Extra
6-20
25c
A
$3.25
Motor
12-20
11-20
preferred
Mosinee
1-2-49
Louis
Brewery,
Morgan
9-20
25c
Chemical Co., $3.50 pfd. (quar.)****Monsanto Chemical Co., common (quar.)—
5%
10-2-49
12-11
Carpet
Montreal
7-2-49
37'/2c
—*
Monroe
$4
3-20
37V2c
—
60c
(Robert)
4Va%
12-20
4-2-49
12-
Utilities
Monarch
12-20
1-2-49
37'/2c
*
1-2-49
12'/2c
quar.)*
(increased)
B
National
$1.50
10-29,
for
proposed,
as
(increased
com.
12-20
Alfalfa
12-10
12-10
10-29
is
i
National
y2c
11-15
11-15
Light Co.
Acme
25c
;
12-15
12-15
held
preferred
& St.
National
Publications
Power
12-15
..**_.
12-15
y2c
MacFadden
50c
11-29,
shares,
Mutual
Consolidated
Mackintosh-Hemphill
12-17
12-13
$1.06
Extra
12-17
3
12-27
7
11-17
88C
(quar.)_„
Lowney (Walter M.), Ltd
J.
1
Sons—
Ludlow Manufacturing & Sales
Lynchburg & Abingdon Telegraph Co. (s-a)
M.
12-
11-16
__J
20c
shares
Inc.,
preferred
Motor
Common
.
37'/2c
12-
11-22
11-
45c
Guaranteed
Long-Bell
11-22
5%
Co. -.(quar. >
1
11-20
5%
12-
$1.50
group
12-
11-22
75c
Extra
11-16
6
1 *
12-
65C
(quar.)*
Groceterias,
Class
10-25
75c
dividend
—'
—
Soecial
Loblaw
75c
Machines—
/
(quar )—;
Chemical
Original capital
OMglnal capital
Special Guaranteed
11-15
25c
Cellucotton
Extra
two
preferred
Monarch
-
11-10
1
11-27"
1
11-15
Year-end
30c
common—
(quar.)
Corp.
12-
1
12-
Ry. (year-end)—50c
Mining & Manufacturing—
•
Molson's
8
12-
11-27"
12-22
12-22
.
approval.
two
conv.
Mohawk
11-10
12-15
11- 1
1
12-15
prior
5%
$1
(quar.)_
common
Little Miami
6
11-
1
25c
Liquid Caibonic Corp., common
3V2 %
preferred (quar.)
11-12
11-15
7
12-
11-15
12-10,/
50c
Extra
$1.30
11-12
TlOc
group
dividend
International
(s-a)
11-30
11-
1
12-
5c
(year-end)
Inc.,
12-
5:
11-19
1
1
—*—,
(quar.)
Mitchell
11-20
$1.75
(quar.)*
Co.
60c
$1.20
**********
shares
15
Hart,
Class
1
12-
1
12- 3
12-3-
2
12-
each four shares held**—__
or
into
fij
Missouri
&
$1
Oil
SEC
for
Missouri-Kansas
11-15
75C
:
11-10
t37y2c
(quar..)
(year-end)!
Business
Co.
12-
11-
1
11-30
50c
(quar.)
Tobacco,
&
12-15
12-
11-20
12-
12-10
_i.
(s-a)*____*:
common
1-
^
.12-10
1-2
5c
(quar.)
$4
1
35c
^
1
1
12-
$1
(quar.)
(increased)
12-13
125c
aviation
Light
Co.,
to
Common
11-26
12-15
37 V2c
12-10
12-13
12-13
2-5
1-3-49
(year-end)
^
—
Minnesota
1
37 V2c
50c
12-
1
$1
11-10
$1.25
Shares,
Myers
preferred
1
11-
2
1
$2.25
Extra
11-19
12-
11-20
60c
Petroleum, class B
Oil
3.20%
11-15
11-30'
1
15c
common****
(irreg.)
year-end 1
Minneapolis
11-24
12-
11-20.
12-
,
!
Co.—
preferred (quar.)
$1
prior
preferred
(quar.)—
$1 prior preferred (quar.)
$1
prior preferred
(quar.)
Minneapolis-Honeywell Regulator—
Common
(quar.)——
11-15
40c
,
12-
Lord &
Year-end
Institutional
Corp.
Stores,
11-26
Ltd.—
.*
Co.
&
12-28
3%
(increased)
Steel
Ltd._
(s-a)__
(quar.)
Cement
Liggett
12-
1
12-15
.***;
Gas
(quar.)
$1
8
50c
(s-a>———_„
$4 pfd.
A
Common
12-10
12-
common
Petroleum
Common
11-18
$1
1
12-
Consolidated
Common
11-15
17c
Sons (quar.)
Navigation
&
&
11-19
Lion
1
12-20
12-
81V4c
,
Company
Savers
11-20
12-
120c
(quar.)
Libby, McNeil & Libby
1
11-
50c
Shops,
Cement
Life
12-10
1
7V2C
(year-end)_
Extra
12-
12-
11-22
11-15
1
2-15-49
15c
$1.18%
Corp.,
,
10-30
25c
•
split
11-15
25c
12-
11-22
:
97'/2c
$1.083/i
each
11-15
1
25C
Refineries,
Inc
Lexington Water, 7% pfd.
Canada, Ltd,—
Color
D.i
Lincoln
55c
1
12-
-
Leonard
11-10
12-
12-15
11-15
$1.62 Va
(irreg.)**
preferred (quar.)
share of Wisonsir. Power &
Miller
11-15
35c
(quar.)—
Leather
Portland
11-24
12-15
$1.75
12-22
common
1
118c
2
One share of Public Service Co. of Indiana
1
11-
(quar.)
11-26
1
11-
1
50C
(year-end)
Inc.
Coal
12-15
1
(year-end)
(R. G.), Inc.,
(James)
Lehigh
Lehigh
12-15
12-
1
1-
12-15
12-
common
11-19
12-
12-
25c
•♦12-10
States
One
12-15
J $ 1.75
50c
62'/2c
—
15c
Subject
11-10
12-10
(extra)
12-17
1
*25c
(s-a)
participating preferred
Rayon Corp. quar.)
Ingersoll-Rand Co.
(quar.)„
Special
12-11
12-31
11- 9
11-9
^
preferred (s-a)—
Participating
11-15
11-30
11- 9
preferred (s-a)
(quar.)
8%
9
$1
Tourneau
$4
Extra
Stock
11-15
15C
_
$1.50
&
1
11-26
1
1
Middle West Corp. (liquidating distributions)
7
20c
Extra
Lees
$0.1498
$12 V2c
Industrial
Stock
I-18
n'oc
Common
Cash
1
12-
45c
____
Interim
Inland
12-
11-
12-
12-
35c
Extra
12-22
I
(quar.)
(A. C.)
1-28-49
12-
12-28
'12- 1
$1.25
Portland
12y2c
(interim).
&
11-10
$5c
Lawrence
Industries-
Imperial Tobacco Co.
Imperial Varnish
11-10
1
*_,._*
Lawrence
12-31
25c
(quar.)—
(quar.)
Chemical
Inc.
Co.
Candy
Fabrics,
$1.25
—
common
Co.
Zinc
Imperial
Ltd.
11-18
12»/2c
Co.,
1
12-
35c
tsi
•
pfd.
12-
(quar.)—.
11-26
$1.06 y4
_
(quar.)
Huttig Sash & Door Co., 5%
Hydraulic Press Mfg. Co.—
11-19
$1.20
—
1
Lea
10c
A
11-19
12-10
1
50c
common
Special
(interim)
12-10
10c
*
shares
Stamping Co.
Secord
37y2c
Extra
preferred
12-17
12-10
$1.12 V2
Lanjton Monotype Machine Co. (quar.)
Link-Belt
(quar.)
Oil & Refining Co
Foods, Inc., com. (quar.)
5% preferred (quar.)
12-17
1-2-49
140c
Inc.
Co.
11-16
$1.25
__
(quar.)
Humble
11-15
1-2-49
12-
$1.75
Midwest
11-15
50c
Laura
t$l
Car
11-25
11-30
$1
11-18
30c
—
Motor
15c
1
3
12-15
60c
Mid-West Abrasive Co.*
4
37 V2c
11-29
;
1
$1.06%
com.
12-
Middle
Milling Co., Ltd.—
H.),
Bryant,
$2
com,„i...
Hunt
5%
(M.
11-26
12-22
12-15
.-12.1
(N.
Corp.,
12-14
50c
Machine
&
Machine
25c
preferred (quar.)
Co.
(quar.)*
;
Bay Mining & Smelting (quar.)
Hudson
conv.
11-15
25c
*
Sound
Hudson
5%
1
$1
—!
Co.,
10-30
10c
1-
15c
(quar.)
(quar.)***
Mid-Continental
12-14
11-20
1
11- 1
12-
$1.06'/4
preferred (quar.)*.
Mickelberry's Food Products,
$2.40
preferred
(quar.)
A.—
Mines,
Lakey Foundry
Lane-Wells
.
(quar.)
Co.
preferred
Houston
Howe
class
$1
_
preferred
&
5%
Co.,
Corp.—
Electrochemical
Hooker
Horn
&
12-24
11-
1
12-15
1-15-49
(quar.)__.
43/4%
3-22
17c
!
(quar.)*
2nd preferred
11-26
87yac
Oil
4-1-49
11-24
12-
1-3-49
Edison Co., 3.90% pfd. (quar.)
preferred (initial quar. )_**_*__*___
4.35%
12-22
11-15
11-15
11-15
:*» —
Thermit
preferred
Michigan
11-30
1-2-49
(quar.)
12-
._
.
!_**_
Co.—
Honolulu
12-10
37y2C
(quar.)™
preferred
11-15
50c
.
S.
Woods
5%
Landis
25c
E.)
(year-end)
preferred
(quar.)
11-10
1
11-30
$1'
t50V4c
t$1.00y2
(quar.)
Metropolitan
12-10
11-26
1
1
12-15
(quar.)**
fy
Class
7% preferred (quar.)_—
Lake Shore Mines, Ltd. (quar.)*****
Lake Superior District Power, common—*—
Lamston
25c
—
(quar.)—
Common
Holt
the
25c
(quar.)--,
Company (quar.)*
Hollingsworth & Whitney Co.—
$4
Dufault
of
Le
—
Hotels
convertible
Hires
Lake
32c
_
Monthly
12-27
50c
La France Industries, 4% pfd.
Laciede-Christy Co. (quar.)
11-15'*
12-
11-26
25C
(quar.)
preferred
25c
—
Monthly
4%
American
11-22
37V'2c
;
Co.
&
Consolidada
12-15
Hibbard, Spencer, Bartlett & Co.—
Hilton
La
12-
1
1-
12-20
11-15"
3
12-10
12-15
—
Mfg., 4V2 % preferred A (quar.)
Kroger Company, common (irreg.)
Lane
—
Monthly
II.)
Metal
1212-
-
$1
Co., 5%
Corp.,
11-15
85c
Ltd.
common
participating
Participating
7%
25c
(irreg.)
Kroehler
11-16
50c
—
;
(extra)
Corp;,
11-15
50c
,(quar.)__
_
Hercules Steel Products Corp.—
6% convertible preferred B (quar.)—
Heyden Chemical
(S.
Common
10-22
10c
(quar.)
Co.—
11-15
3
Textile
11-15'
1
$25c
(quar.)
$3.25
12-30
3
quar.)
(quar.)
(S. S.)- Co. (quar.)
Kress
6
12-10
11-22
———
Glass
Mining
Hercules
1
of
—
Hathaway Bakeries" (quar.)
Lithographing Co.—
Hawaiian Pineapple Co., Ltd.
3
Metal
1
preferred
Kresge
dividend)
share
held)
(one
shares
12-
12-
1
1
933/4c
preferred (quar.)
Merritt-Chapman & Scott Corp.—
6 Va %
preferred (quar.)
Messenger Corp.
11-15
25c
Company
(increased
Lake
Havana
Kecla
12-
America—
of
Payable
$1.50
Corp.—
Wholesale
Chemical
Hat
50c
(quar.)
Haishaw
1
11-15
___
Harrison
12-
75c
11-15
(M. A.)
Co., $4.25 pfd. (quar.)
Harbison-Walker Refractories, common
preferred
12-
12-
1212-
common—
common
preferred
12-23
(quar.)__—
Ltd.,
(quar.)
Stores,
12- 1
11-15
12- 1
75c
7%
11-30
37yac
series
second
11-24
12-15
12-10
12-23
93%c
(quar.)
Dredging
(quar.)___
Corporation, common
preferred
11-20
12-10
50c
(increased)
Robbins,
preferred
$2
11-30
12-10
$2.50
12-14
50c
Hanna
6%-
12-15
12-10
Co.,
12-15
J2V2c
Ltd
(ycar-tncli
com.
Mines,
Meadville Telephone
2
$1.25
Fund—■
interest
Si
t25c
$1.75
Mines,
1947)
(quar.)**^
Oil
11-13
12-
60c
(series
Porcupine
4y4%
12-19
15c
11-15
$2
•
Corp.,
Corporation
Mclntyre
Mead
11-12
1-
11-15
11-30
1
50c
.
(resumed)
McWilliams
11-12
1
75c
12-15
12-10
———
(quar.)—
class A (quar.)
1
50c
$1
(quar.)—
preferred
Oil
25c
50c
25c
preferred
41/4%
12-
12-22
$4
Creamery Co., common
60c preferred (quar.)
Koehring Company
Koppers Company, Inc.—
—
11-23
4
25c
._*
preferred (s-a)
(quar.)_
Ernil)
—
common)
3
12-
1-31-49
$1.18%
(quar.)***___
(quar.)
Kirby Petroleum Co.
(year-end)
Kirsch Company,
$1.50 preferred
25c
4%%
Hancock
(old
Co.
Paper
(quar.)
Knudson
Cotton
Hammermill
pfd.
preferred
12-
12-20
12-
25c
(quar.)_
25c
37 V2 C
1
10%
50c
12-16
Co.—
1-
12-15
preferred
$4
3
1
(quar.)
preferred
Mercantile
Kilburn
11-26
12-
12-
King-Seeley Corp., 5% conv. pfd. (quar.)**
Kinney (G. R.) Co., Inc., common—
11-26
5
10-29
11-15
12-
10c
Consolidated
Chemical
McKesson
11-30
1-
11-29
Corp.__
preferred
..
12- 6
(quar.)*
Asph-iit
Co.
1-3-49
t
Extra
,
_*—;
Keystone Pipe & Supply, 5%
75c
—*****
Quarterly
Hamilton
$1
:
Gas—
11-12
10%
(quar.)—
Well Cementing
Halliburton Oil
Light, 4% pfd. (quar.)
(quar.)
11-12
85c
——
dividend)—
(quar.)
Stores
15c
Utilities, 4%%
25c
Hale
11-30
12-14
Electric
11-10
12-20
$1.75
*****^*
*
Insur.
1- 3
11-19
a2Vi%
(quar.)
McCord
11-19„
30c
Glass
Massey Harris, Ltd.
$3.40
12-15
$1.25
11-26
.03
11-24
65c
—
Communica-
(quar.)___*_*.
$3.75
12-14
_*
*.
Marine
5c
Plate
McColl-Frontenac
12-31
(increased)
11-26
.10
11-19
12-10
11-12
.06
11-15
50c
(quar.
1-15-49
12- 1
11-30
35c
$1.25
—
May Department Stores, common
$3.75
preferred
(quar.)
11-10
12-10
Corp.
7%
20c
.07
.005
1
1
12-15
$1.06V4
35c
—
Realization
Mathieson
$1.25
1.
.08
.015
12-
12-
International
Matachewan
12-15
5c
.08
11-12
1
17c
11-12
11-26
1
25c
12-10
11-22
11-22
Co.,
Mastic
1
12-
30c
.
Company
i
t'
Kayser (Julius) & Company (quar.)*
Kent-Moore Organization, Inc. (quar.)_____
11-12
11-26
1212-
12-15
11-15
11-30
12-10
(quar.)**—t.—
preferred
Shirt Co.
(quar.)
Corp., common—
preferred (quar.)___*
Master
12-15
12-15
;
Company—
Massachusetts
12-15
(quar.)
Natural
dividend
11-26
.04
11-12
11-15"
12-15
(Thei
convertible
Masonite
1
$1
Co.
Mar-Tex
1
11-13
—25c
(irreg.)
Ltd., ordinary (interim)*—*—
Marion Power Shovel Co., 7% pfd. (accum.)
12-
45c
(quar.).
Parchment Co.
&
tions
12-
12-31
.*
;**,
common
R.)
5%
1
12-31
Kawneer
11-26
.025
(s-a)
(stock
3.80%
A
Vegetable
.09
.06
:
Co.
preferred
.10
.075
——
;
—-
"5%
.02
.14
12-
J75C 1-15-49
.**_*—.***—!
Laughlin Steel,
(P.
Marconi
11-12
1
30c
(qua<\)____
common
.*
&
.03
.055
—
dividend
11-12
11-26
.08
Stock
Corporation
Cash
11-26
11-26
.11
.01
Water
Kansas City Power &
Extra
Jones
11-12
.05
Equipment
Hackensack
Kalamazoo
11-12
11-12
.03
—
———•
Hajoca
11-12
11-26
11-26
——-_u—.09
Tobacco
11-28
11-26
.08
.07
.*.——
Bond
Utilities
11-12
.08
—
Merchandising
Petroleum
11-12
.14
12-20
12-
40c
(quar.)
(increased
11-26
.06
r._——
:
Supply,
11-26
.12
.015
11-19
$1.25
(interim)
—
—
Johnson
&
11-12
.11
Bond
Water
preferred
Johnson
11-26
>14
11-19
12-15
11-13
12- 6
11-30 '
12-10 .
Marathon
25c
—
(increased)—.
.09
.106
—:
(quar.)
Manufacturing (quar.)**
Mines, Ltd..—-.!.
Jaeger Machine Co.
$5
11-12-,
11-19
12-15
25C
(quar.)___
Mountain
.10
.025
.075
Machinery
Railroad
11-19
Fireman
.15
.09
—
_*.,
Bond
Railroad
Island
.08
.005
.15
...
Railroad
Iron
11-19
12-)o
12-15
12- 6
25c
40c
(quar.)*——
Manhattan
11-22
$1
Foundation, Ltd.—
convertible preferred (quar.)
Southern Utilities
(Del.)
%
Co.
4V»%
11-22
12-20
$1.50
Corp.
C.)
Corp.
Extra
Investment
.14
.075
Administered
Mining
7
12-20
60c
.13
.02
.14
:
;—
Equipment
Priced
12-
(quar.)
(The), com.
(quar.)
preferred
.11
.11
Food
Low
3
Year-end
Jamaica
Building
Investing
1-
|40c
25c
25c
(R.
Mallory
7
,Wlicn
Holder4
Payable of Rcc.
12 '/ic
—L'-.
—
Mahon
5
12-
J$1.12'/a
Interstate Natural Gas., Inc
intertype
Corp.
11-19
Regular Extra Total
.11
11-26
.11
Institutional
11-
3
Per
,
Share
Square Garden
Maltine
Co
Company
prior
12-15
Inc.—
„
ludustrial
5 %
Iowa
30c
$1.10
.11
General
Interstate
6
quar.)
Aviation
Fully
1
1-
.
.
I
_**_•_*
Madison
$1
6-10
11-19
12-15
12-
12-10
2
1-15-49
$1
Paper, common
7
3-10
12-15
$1.75
Canada, Ltd.***
3
1-
10-30
1-15-49
*
.
Macwhyte Company (quar.)
Extra
.
.___
of
1-
shr.
——
Class
Chemical
Co.
12-
6-30-49
12-31
35c
$1
International
12-22
(increased
com.
Agricultural
Electrical
(quar.)
Nickel
Silver
Sulphur common for each
Automobile
preferred
International
12-10
held)-
Securities,
30c
140c
11-15
7oc
dividend) (quar.)
dividend (One
Utilities,
preferred
4V2%
International
.
Name 0) Company
11-30
Ltd.—
—
12-10
12-28
Holders
440c
j.
Industries,
11-10
11-15
$1.25
year-end stock
Texas
65
Gulf
*.
Corp.
Special
(quar.)
Metal
(quar.)
3
12-20
$1.25
preferred
Gulf
A
1-
12-10
$1.25 3-30-49
Brewery
Ohio,
preferred
preferred
(quar.)
International Products Corp.
12-20
Gulf
7%
Class
11-19
$2
40c
$1.75
30c
75c
r
(quar.)*
common
When
Monday, November 22, 1948
Payable of Rec.
12-10
20c
—
$4
(quar.)
Western
Machinery
11-12
12-
.
30c
Cigar
Educational
Puuiisning 00.—
$3.50
preferred
(accum.)
International Harvester Co., common (quar.)
11-19
12-
Share
CHRONICLE
international
8
50c
common-
*■-*-*!
Tap & Die Corp.
Griesedieck
Name of Company
International
11-18
12-15
10c
$1
$1.75
(quar.)*
Y.)
Co.,
(quar.)———
Sugar
preferred
Greenfield
1
12-15
Co.—
Ry.
Non-cum. preferred
Great
12-
80c
Pacific
(quar.)__
Northern
11-19
1
International
5%
Indemnity
Groat Northern
—
dividend)
&
preferred
t50c
25c
Per
Payable of Reo.
12-
FINANCIAL
&
Holders
&
Grand
Common
When
COMMERCIAL
.
(quar.)*!
Register Co.
(year-end)*——
$7 preferred
(quar.)—
(quar.)**.
—
,
1
12-20
12- 6 1
$1.75
12-31
12-15
30c
12-10
11-15/
50c
'
Volume
168
Number 4753
THE
Ncnne of
Company
"
Share
\
Common
(cash
dividend)
Stock dividend
each
4%%
100
preferred (quar.)
Dairy Products
National
National
Discount
—
common
$1.07
—
1
11-
8
30C
(quar.)_
12-
preferred
National
(quar.)
Chemical
Drug
Co.
of
2nd
non-cum.
$12 %C
National
preferred
Rubber
Standard
National Tank
National
Transit
Natomas
Co.,
preferred
Neisner
Bros.,
Inc.
5 %
pfd.
3
1
12-10
12-
11-
11-26
(quar.)
12-15
____T_
Mur
Jersey
New
Method
New
York
Zinc
I-
12-
5
11-30
12-
1
$1
I-
2
N.
Air
Brake
(s-a)
$1
Co.
12-10
12-10
12-
1
10-20
12-
1
11-15
11-19
Founders
New
stock
York
3%%
11-25
11-25
Stocks,
Bank Stock
7%
12-10
Placer
11-25
11-
5
Stock
15c
11-25
11-
5
7c
11-25
11-
5
12c
11-25
11-
II-25
11-
11-25
Poor
Extra
5
11-
5
11-
5
Porter
11-
5
Portland
11-
5
Machinery
Industry
Series-!
11-25
11-25
:
&
11-
1
11-10
$1
1 -15-49
12-13
$1.50
A
Transit
1-
1
5
5
5
32c
■11-25
11-
5
6c
II-25
11-
5
Power
Railroad Series
10c
11-25
11-
5
13c
11-25
11-
5
Price
$5
Co.
of
River
Extra
Bros.
11-
5
5
Public
Diversified
19c
11-25
11-
5
18c
Diversified
Pacific
Preferred
Coa'st
Newberry
iJ.
Stock
Investment
Co
J.)
Fund
Niagara
Niagara
Lower
Nopco Chemical Co., 4 %
Norfolk
Western
&
Mining
American
North
(interim)
Car
Indiana
for
12-10
11-30
12-
1
12-20
12-
6
$25c
_______
12-
12-20
11-
11-26
2%c
12-
1
11-19
Class
12-
1
11-19
North
Finance
American
Cash
common
dividend
Service
$1.40
11-29
T-
Pennsylvania RR.
.
(Geo.)
for
new
Oklahoma
Northwest
12-16
12-23
12-16
Quaker
State
I-15
12-27
Quebec
each
share
of
Co.
pfd.
&
Gas
Norwich
Leather
Pharmacal
Co.
11-15
11-26
11-12
11-10
11-26
11-10
12-
1
11-11
12-10
11-16
12-10
common
12-
1
12-
1
Oil
Common
12-15
12-
(quar.)—
$$1.75
12-
1
10-27
$25c
1-
3
11-24
55c
12-
1
11-15
20c
(quar.)
_
.
Ohio Associated Telephone. $2.20 pfd.
Ohio Match Co., common
(quar.)
'
3V2%
of
pfd.
Oil
Power
4%%
Co.,
Ohio River Sand,
Ohio
$4.50
preferred
A
Seamless
Coal
Ben
Olin
Republic
25c
12-14
11- 5
12-14
11-
5
Stock
$1.12%
12-
1
11-
5
6%
—
$1.75
12-
1
11-15
12-15
—
preferred A
(quar.)
15c
—
Marine
Pacific
&
American
$5
Pacific
Clay
Pacific
II-30
11-19
12-31
12-20
11-10
11-10
Riegel
Corp.
(quar.)
Eastern
(cash
Pipe
12-20
Riley
12-
1
11-
Rio
1-
1
12-15
12-10
11-30
3 7 Vic
90c
12-
II-25
11-
12-
1
12-15
15c
12-15
40c
—
(quar.)
11-15
$1.50
1
12-
1
v
1
12-
1
4%
$1
12-15
12-
11-26
11-
Rock
1
$1
5
dividend)
75c
12-15
$1
1-2-49
12-16
5%
50c
11-29
11-15
Rolland
62 Vic
12-
1
11-20
25c
12-
1
11-20
4%
12-
1
11-20
$1.06 Vi
12-
1
11-20
Co.
Common
Stock
$4.25
dividend)
Rowe
(quar.)
dividend
preferred
(quar.)
Consolidated
Interim
7%
(cash
Gold
—_—
Dredging,
—
Manufacturing Co.,
preferred (quar.)—
;
common—
Peabody Coal Co., common (quar.)
5% prior preferred (quar.)—
—
Royal Crown
5%
$15c
11-24
11-
$20c
12-15
11-30
$35c
12-15
11-30
20c
12-
1
11-
1
31 Vic
12-
1
11-
1
2
Royalties
Ruppert
12-15
1-3-49
12-
9
30c
11-24
15c"
2-1-49
11-10
1-15
2-1-49
50c
12-15
12-
12-21
11-22
12-21
11-22
4%
12-21
11-22
_
3
1-
1
12-10
50c
12-
1
11-10
(quar.)_
—
90c
96c
40c
$1.12%
1-
1
1-
1
Co., Ltd.,
Extra
Co.,
(Lousville,
Ky.)
Ltd.
4(4%
preferred
(A.
Gas
1
$3.50
12-15
12-
1
Standard
Brands,
preferred
Cap
&
Inc.,
Co.,
preferred
1
11-15
Standard
Oil
Co.
Oil
Co.
12-
1
11-15
Standard
Oil
Co.
Dredging
Cash
Common
Stock
12-10
12-29
12-15
Standard
12-15
11-22
Standard
12-
11-17
33A%
(cash
of
11- 5
12-
1
11-
1
12-
1
11-
1
12-
1
11- 1
12-13
11-29
11-15
12-15
12-15
11-15
12-15
12-
40c
1-14-49
(quar.)
4
1-12
:
(quar.)
•
12-
1
1
1
11-3.5
12-23
11-30
37 %c
12-15
12-
12-15
12-
10c
12-15
11-29
$1.50
12-15
12-
8
8
6
$1.37%
12-
1
11-35
$1.37%
12-
1
11-35
12-10
11-12
50c
$1.12%
12-15
12-
40c
11-22
11-12
25c
12-13
11-24
$1
2-1-49
$1
2-1-49
1
1-17
1-17
40c
;
12-
6
11-26
40c
(quar.)__
12-
6
11-26
93c
12-20
12-10
(Detroit)—■
12-
3
:11-22
50c
12-15
11-15
87 %c
12-15
12- 1
12-
1
IMS
%
(quar.)
(quar.)
40c
common—!
UOc
Co.
$1.60 pfd.
(quar.)—
12-
1
10-29
$1.25
12-
1
10-29
$1
+
1-
1
12-20
iDel.)
(quar.)
40c
12-
1
11-20
20c
(quar.)
11-27
11-10
11-27
New
—
(quar.)
11-10
$1
12-10
11-10
50c
12-10
11-10
$1
Indiana
12-
9
10-22
12-
9
10-22
Jersey—
dividend)
Steel
Inc.
(quar.)—z
Equipment
2%
12-10
11-18
1-14
12-24
933Ac
Mfg.
11-18
Co.—
State Fuel Supply
Stecher-Traung Lithograph, 5%
11-15
Sterling
11-15
12-14
12-
20c
pfd.
12-10
60c
&
12-
25c
common
Phosphate
12-10
11-20
$1.25
12-31
12-15
1
11-18
Acid
(quar.)
Inc.
12-10
25c
Spring Co.,
11-15
Drug,
50c
—
A
Wholesale
Works,
(quar.)—
(quar.)
(quar.)
50c
3
Sterling,
Inc.
$1.12%
1-3-49
12-10
Stern &
Stern
11-22
Stix
11-30
Stonega
Baer
&
(stock
Textile.
Fuller
Coke
dividend)
&
4'/a%
pfd. (quar.)___
(quar.)
Coal
(quar.)
12-
1
11-18
25c
Extra
11-19
2
Ml -30
2%%
of
Railway
Quarterly
11-18
12-15
11-12
11-18
$1
dividend
1
12-
1
1
10c
Calif,
of
preferred
12-10
50C
12-
12-
20c
Corp.,
Standard
5c
20c
3
Standard Oil Co. of Ohio—
12-20
1
11-35
$1.25
dividend
12-
12-
11-15
50c
dividend
Stock
12-15
12-
12-
11-30
20c
1-1-49
$50c
12-31
11-30
81%c
Extra
12-15
1
11-20
50c
Ltd.,
Standard-Coosa-Thatcher
12-.
1
11-
11-10
30 %c
(quar.)
|25c
12-15
5
12-10
11-20
75c
common
Co.
convertible preferied
Standard Chemical
Standard
12-15
5
30c
common
Standard Forgings Corp.
1-1-49
1
11-
60c
(quar.)
Seal Corp.—
4
1-1-49
12-10
12-20
3 6 (Ac
4
11-15
11-
11-1
31 yAc
(quar.)
Insurance
4
1
1
1
6c
(quar.)
12-
11-19
11-10
12-
26 %C
;
12-
12-
12-10
12-
$1.12%
common
;
12-
6
11-10
10c
(quar.)
12-15
1
12-24
12-10
100
1
A
12-15
12-
1-3-49
25c
Co.,
12-15
12-
each
—_!
Co.,
Co.
25c
1
for
(irreg.)
-
$1.60
12-10
12-1
Paper—•
(quar.)
Mfg.
Accident
Standard
12-
11-12
12-15
25c
Co.,
common
preferred (quar.)
preferred
6
20c
11-15
12-17
$3
Quarterly
12-
11-17
12-1
50c
Lines
Insurance
series
E.)
Extra
12-
12 (4c
pfd. (quar.)
Ryerson & Haynes (irreg.)____
Sabine Royalty Corp. (quar.)
11-15
97(4c*
1
12 %c
preferred
11-15
—
:
11-23
12-
(quar.)
Life
$4
12-15
37 %C
(o-a)_
12-14
Co.—
(increased quar.)——
$4
10 %
(quar.)
11-23
$1.50
50c
Spiegel, Inc., $4.50 preferred (quar.)
Sports Products, Inc. (s-a)__
Squibb (E. R.) & Sons, common
12-15
1214c
Management
11-15
12-14
(quar.)
convertible
$1.25
_*
11-18
12-15
.
Spear & Co., $5.50 1st pfd. (quar.)
$5.50 2nd preferred (quar.)
Spencer Kellogg & Sons (quar.)__
t$1.06'A
(quar.)_
12-15
$1.50
Withington
50c
pfd.
11-15
$1.60
——
Sparks
12-10
20c
$1.50
11-30
(quar.)___
Sovereign Investors
Spalding (A. G.) Brothers
$3.75
$1.25
dividend)
11- 3
Railway
Standard
30c
(quar.)
1
$$1.12V4
non-cum.
50c
25c
pfd.
3
12-
dividend)
(quar.)
California Edison
Common
12-10
$1.25
4(4%
11-
$$1.25
.
<quar.)_—
Works
Standard
—
6
1
$1.05
shares
$1
:
12-
12-
$2.50
Products
37 %c
(quar.)_
11-29
$30c
—
87 >4 c
(cash
Greyhound
Southern
5%
(quar.)_
11-29
12-10
12-17
2%
Natural
20c
(quar.)
12-10
(s-a)_——
common
Southern
12-10
11-15
11- 5
25c
(quar.)—
preferred
$1
(initial)—,
A
(two
4 J/4%
11-26
12-14
5
5
12-10
2c
(quar.)
11-16
12-22
1111-
$2.50
—
Water
12-
2c
11- 5
12-10
$1
;
preferred
50c
—
(quar.)
11-18
12-10
25c
—
Oil
preferred
12-15
1
1
12-10
50c
(quar.)
California
4%
Staley
—
*
1-15
$1.50
.
12 %c
Bottling
11-15
11-15
9
—
A
(Jacob)
■v
$1.12%
F
(quar.)
Oil
1
25c
&
Inc.,
1
12-
50c
;__
8'Ac
preferred
Royalite
1
1-
12-
—
(quar.)—
Roxy Theatre,
Common
Ltd.—
—
Ltd.,
,
Corp.
12-
1-3-49
(quar.)
common
Brothers, Inc. Jquar.")
Rotary Electric Steel (stcck
Parkersburg Rig & Reel—
A
•;4.88%
6%
(quar.)——
(quar.)
Corp. (quar.)
Paper
12-
(quar.)
Southwestern Public Service—
Common (increased quar.)
11-30
25c
Roos
Rust-Proof
Paton
87 %C
(quar.)
prior preferred (quar.)_
(quar.)
Parker
Pato
(quar.)
—
preferred
(quar.)
25c
62V2c
com.
(quar.)
preferred
(quar.)_
Southwestern Electric Service (quar.)
25c
5%
Co.
Pen
25c
—
A
Manufacturing Co._
&
Company, com.
preferred (quar.)__
preferred
Parker
12-10
;____
Advance Bag &
Southwestern
:
preferred
12-10
12-20
11-12
1
15c
Rockwood
11-26
12-
quar.)_
common
5%
(quar.)
11-15
m
______
Rockwell
Line—
12-17
1
.»
shares
Ages
2
$400
'•
Myers, Inc., common
participating preferred
of
112-
11-18
Co. Ltd., class A
Rochester Gas & Electric Corp.—
11-15
12-20
$2.50
Southern
10-18
11-29
A
Little
11-30
35c
preferred
Southern
11-26
9
&
Robinson
1 !
12-15
11-25
2
!
(initial)
4(4%
1 '
1-
Participating
11-24
.11-30
12-
11*
•j.
12-
Valley Gas
(year-end)
Antelope Copper Mines, Ltd.—
Robbins
12-15
50c
Grande
American
J. 11-15
50c
Lathe-
Southern
$1.183A
(quar.)
Corp. (irreg.)
Stoker
Roan
11-15
50c
California
1
45c
Co.—of
3
12-15
1
___!
Bend
5%
(quar.)__
Corp., common
Textile
3
12-15
& Sons Carpet Co.—
Chemical
Southeastern
11*15;
tquar.)_
Co.
preferred
1-
$1.25
Fisheries
Products
Mills
12-10
112-
$1
Corp.,
12-31
25c
(quar.)
dividend
3
25c
class
preferred
12-10
-
50c
!
preferred
12-10
$$3
'
$1.50
i
l
tquart)_____
(increased
preferred
Oil
35C
12-
11-15
1-
59^80
(quar.)
11-15
12-1
...
11-15
11-26
(quar.)
________
Socony-Vacuum
South
12- 2
11-26
iquar.$1
$1.25 convertible preferred A (quar.)
Soundview Pulp Co. (quar.)____—_•
5
37 %c
—
Manufacturing Co.,
Richfield
$1.12 Va
pfd.
(quar.)
(quar.)
Corp.,
preferred
4V2%
Rheem
$25c
Palestine Economic Corp. (quar.)—...
•
11-10
$4
Mfg. Co. (irreg.)
preferred (quar.)
Finance
4%
4.50%
11-20
1-1-49
60c
-
—y.
Supply Co., Ltd.—
Paper,
Common
11-15
$50c
(quar.)——-
common
Oxford
Panhandle
1
11-
1
10-18
1-2-49
40c
com. (qua,i\>
(quar.)——
preferred
Sonotone
11-5
$1.25.
,
1
(quar.)—
Revere Copper & Brass, common
(increased)
Reynolds (R. J.) Tobacco Cc.—
3.60%
preferred (quai.)___,
!
3
(quar.)
Electric,
Co
held)
11-17
12-1
12-
11-15
$50c
(quar.)
(irreg.)
(Alexander)
Stock
1
40c
dividend
prior
$1
/
(quar.)
12-
12-
Steel
Extra
15c
———
common
A
56 Vic
—
Participating convertible preferred (quar.)
Ontario & Quebec Ry.
(s-a)—;
Oswego Falls Corp., 4 %% preferred (quar.)
Otter Tail Power (Minn.), common
$3.60 preferred quar.)
Pacific
6% preferred B
Republic Petroleum
5-31
—
Beauty
Outboard
2-28
$50c
Corp.,
Extra
preferred (quar.)
preferred (accum.)
Corp
preferred
Ontario
11-30
(irreg.)
$2.23
Industries,
4%
Oliver
7%
Tube
Ohrbach's. Inc.,
Old
12-20
3-21-49
—
12-
*25c
Co. (111.), common (quar.)
preferred (quar.)
Rand, Inc., common
preferred (quar.)
$1.40
(quar.)—
Company
i 2-31
12-10
1
11-25
10c
A
(quar.)
class
preferred
3(4%
11-15
35c
(quar.)
1st
6%
Smith
11-15
1
25c
Mfg.
40c
Ohio
Ohio
1
12-
(quar.)
convertible
6-20-49
—
—_—
12-
12-
$30c
&
Solventhol
(year-end)
(quar.)—
Ltd.
.,.!.
11-15
87%c
Boston
(quar.)_
25c
25c
._
Common
■
v':.
15c
Republic Insurance Co.
(Texas)
Republic Investors Fund, Inc.
6%
series
(quar.)—
Oil
4.20%
(quar.)
(quar.)_—___,
non-cum.
25c
Common
11-15
ll-24i
11-24
(quar.)___
common
Inc. (quar.)
Sloane-Blabon Corp.—
1
Remington
1
Co.
Skilsaw,
,12- 1
Refining Corp.."
Co.,
preferred
Reliance
11-12
Oak
Manufacturing Co. (quar.(_.
Ogilvie Flour Mills, Ltd., 7% pfd.
4%
11-12
$$1
pfd. (quar.)
6
11-15
(quar.)_.
Owl Stores,
434% nfd. A
Regent Knitting Mills, Ltd.—
$1.60 non-cum. pfd. (quar.)
Reliance Grain Co., Ltd..—
11-16
$$1.50
—
6%
12-
50c
Red
11-26
25c
Nova Scotia Light & Power,
4%
preferred
(quar.)
Skelly
12-16
1
11-24
12-15
'
preferred
Reading Co.,
15c
(quar.)—
Pen
City Gas &
3.90% preferred
of
Rayonier, Inc., $2 pfd. (o.uar,)_
Ray-O-Vac Company
(quar.)_____
70c
(year-end)-.
1
stock
!
12-27
55c
Special
Northwestern
12-
1
11-18
12-15
12-15
11-23
Extra
(quar.)
11-18
1
2
12-
1
$1
preferred
A.)
Sioux
Co.—
I-15
12-
1-
12-
12-
11-15
12-15
!
Company
Common
held).
share
a
capital
11-25
$1
Ml-19
Indiana
of
held
Fund
Power
50c
Gas
Bancorporation
11-19
1
$1.10
11-18
Co.—
Simpsons, Ltd., 4V2 % preferred (quar.)_
-Singer Manufacturing Co. (quar.)
"Extra
com.—
1
12-15
;
Sons, Ltd., common—
preferred (quar.)—,■
12-
$1.06%
3%%
Quaker Oats Co., 6%
12-23
10c
Northeastern
Northern
B
12-31
$1.25
quar.)—__
$1
(quar.)
Water Co., $4 preferred (quar.)
11-15
11-15
12-
1-3-49
(Wm.)
Brewery (quar.)—
Simonds Saw & Steel Co..(irreg.)
12-15
1
12-1
15c
Simon
11-15
1
1
12-
50c
—
(H.)
5%
12-
$1.12(4
Power
&
Royalties,
$$2
—
15C
Co.
1
$65c
tquar.)_
15c
North
5
12-
$35c
preference common
Extra
Putnam
(quar.)—.
11-
12-15
(s-a)___—
share
on
convertible
20c
Refractories
Signal
,11-15
12-
35c
(quar.)
87%C
American
1
11-15
I
22c
(quar.)
(year-end)
(quar.)—.
Extra
Colorado—
Purity Bakeries Corp.
12-21
3
11-15
12-
50c
Corp.—
80c prior preferred
North
pfd.
Electric
dividend
Oil
5%
11-29
12-10
A
—
Simmons
HOC
.(interim)!
Water
Company,
12-10
5Cc
class
of
B
11-19
25c
(quar.)
(6/100ths
&
Pure
50c
(quar.)
common
<quar.)_—
each
Public
11-10
Class
Simon
11-10
25c
Extra
1
12-10
25c
__i„———
11-12
12-
11-10
25c
(quar.)
preferred
1
12-15
12-1
12-
12-10
$10c
(quar.)
(quar.)
Corp.
12-
10c
12-15
12-15
Investment
common
Steel
Strapping Co.,
5% preferred
(quar.)
Signal Oil & Gas Co., class A
5*
11-15
12-10
$i0c
Signode-
5*
12-15
1
20c
Extra
11-20
11-
12-
12-31
$20c
common
Products,
11-26
37 %c
:__
11-12
50c
Corp.,
Gas
Inc.
8
2
1-5-49
1-17*
40c
(quar.)
Co., 4% pfd.
America, class A
Shuron Optical Co.
(quar.)—
Shoe
11-12
12-
11-29*
50c
s
quar.)..
Sherwin-Williams
11-19
12-20
(quar.)
Co.
dividend
Pullman,
12-10
(quar.)
conv.
redeemable
25c
Indiana,
(3/100
share
11-10
12-
12-10
5c
2%
of
11-22
8C
$18c
$2.50
Extra
11-20
5.0c
(quar.)
(initial
1
$1
1
(quar.)_
(quar.)
Co.
12-10
75c
—
12-
12-13
$31(40
preferred
preference
preferred
Shellmar
11-17
12 %c
of
Water
&
Stock
$1
A (quar.)
(quar.)
ser.
common
preferred
Gas
11-26
11-15
12-15
11-15
!„____
Inc.,
4%
.11-15
!_
preferred
Co.
dividend
1
25c
Corp.—
$2; convertible
Stock
12-10
150c
Extra;; ————1—.
Normetal
5
11-29
90c
Sheaf fer! IW.
-
11-16
12-15
$1.75
.
(quar.)
4%
preferred
12-
37 %c
(quar,)-———
pfd.
Ry.,
11-
11-25
1
(quar.)—
Common
11-16
1
B
15c
5 %
Co.,
Service
50c
class B (irreg.)
(increased quar.)
Corp.,
Corp.
5
Public
50c
& Dry Dock Co.
Bridge
Arch
Share
Electric
Noma
11-
12-
—_
Canada
preferred
4.40%
5
11-25
$25c
(quar.)
Corp.,
434%
__
Ltd.
Co.,
Service
4%%
5
11-
23c
—
——
Newport News Shipbuilding
11-
11-25
22c
Fund-—_
11-25
8c
of
&
Prosperity
11-
—
1
12-
■
5c
America
Co.,
Corp.
11-25
—.
11-12
———
11-25
Fund
1
International
Railway
Shawinigan Water
11-15
8
12-
$1
____
17c
Investment
1
(increased
Sharon
11-24
12-
$1.37%
_
—
18c
Diversified Industry SharesCorporate Bond Series——!——:
12-15
$1
$3.12%
25c
Potash
Tobacco Industry Series————
—
2-
12-
common
preferred
$4.50
11-19*
Prentice-Hall)' Inc.
Steel
Co.
Canadian
Servel,
12-20
1
(Mass.)—
Co.
11-
Powell
3
12-
Extra
•
1-
$1.25
Co.
Steel
11-
Equipment Industry Series_jL
Industry Series—
&
Extra
11-29
53 %c
___
Inc.
11-
Railroad
85c
—
Ltd.,
Class
Ry.—
dividend)
preference
K.),
II-25
——
62'/ac
91V4c
$1
50c
class
(H.
11-25
——
com.
participating
$1
11-29
12-13
(resumed)—
____
B__
11-25
—•——
quar.)_
40c
Serrick
5
15c
(quar.)
Ashtabula
Ltd.
—
Industry Series
Public Utility Industry Series——_
•
1
12-
(quan)_
17c
—_
—;
Oil
:
12-
$2
(cash
21c
Metals Series
,4
11-12*
50c
1
(quar.)___
(increased quar.)
preferred
-Participating
Security Banknote Co.,
11-12*
75c
(quar.)
Co.
25c
Merchandising Series
.
1
1
,
(quar.)
class
Portsmouth
5c
11c
'
1212-
J;
11-
—
$3.65
Co., Ltd.,
Roebuck
4%
11-15
20c
common^
___—
Co.,
11-25
—1—____—
Co.,
Extra
Co.,
11-15
1
91'Ac
Water,
___;
&
11-25
Insurance Stock Series——
1
12-
&
Second
•
15c
Inc.
12c
Government Bond Series
'
11-22
12-
7c
Extra
Sears
11-22
25C
Mfg.
Extra
11-19
12-31
Co
Co.—
5%
preferred (quar.)
Beaboard Air Line. 5%
Seaboard Oil Co. (Del.)
11-26
12-13
12-31
_
Extra
5
18c
_—
Brick
.
Scovill
Scythes
11-26
12-10
25c
(quar.)
com.
Fisher
:Scott Paper Co., common
(Increased
$3.40
preferred
x
(quar.)
11-20
12-10
30c
(quar.)
dividend
20c
——
12-10
$1
(quar.)
Oil
Plywood,
5
20c
1
35c
.
Materials
Electrical Equipment Industry Series
Series-
7-18
30c
(quar.)
Development,
Food
Industry
4-18
8-1-49
$1
Youngstown
Plymouth
—
5-1-49
27(4c
$1
preferred
12-10
1-2-49
14c
Building Supply Industry Series
Chemical Industry Series
27(4c
(quar.)
__
1-1-49
—_.
(quar.)
A
11-12
Plastics
Series
A
preferred
11-19
933Ac
Industry Series
preferred
5(4%
11-10
$1.12%
_1
1-18
5V4%
12-
Pittsburgh & West Virginia Ry.
Corp.—■
11-15
5
12-22
1
11-22
Pittsburgh
12-
11-
11-22
1-15
12-
25c
Liquidating
11-15
10-25
2-1-49
35c
5%%
1st prior preferred (quar.)
Pittsburgh Terminal Realization Corp.—
11-15
75c
(quar.)
Inc.—
Agricultural Industry Series
Automobile Industry Series—
Aviation
75C
lquar.)_
preferred
York
Gas
&
—
——
(s-a)
(s-a)
Electric
preferred
$4.50
New
(voting)
State
11-30
27V4c
12-10
common
11-5
10c
Ltd
(quar.)
$1.50
___
Y.
Shipbuilding Corp.—
Participating stock (non-voting)
&
Syndicate,
A
$1.75
4% %
preferred (quar.)
■
Pittsburgh Coke & Chemical, $5 pfd. (quar.)
Pittsburgh & Lake Erie RR. (irreg.).—
•Pittsburgh Plate Glass Co. (year-end)
Pittsburgh Steel, 5% preferred A (accum.)
11-19
30c
.
Sayre
Mining
1
preferred
Year-end
7
50c
Corp.
Arabian
1
12-
5%%
30c
Inc.,
11-28
12-
10c
11-10
11-12
preferred
12-15
15c
11-15
12-10
$4
11-10
1
30c
Suburban
1
1
(quar.)
preferred
8
11-19
12-
$1.28
San Francisco Ry.—
preferred A (quar.)
Regis Paper Co. (quar.)
Extra
7
Co.,
12-
12-10
$1.50
(quar.)
5%
Saudi
7
preferred
pfd.
12-
12-
Inc.
(increased)
6%
12-
12-
Paul,
$1
Louis
Co.
Schwitzer-Cummins
Phillips Petroleum Co. (quar.)
Pillsbury Mills, common (quar.)_.
11-19
50c
Finance
Water,
6t.
11-12
1
12-
Lead
Joseph
57c
12-15
$3.65
11-19
12-
Joseph
11-24
1-1-49
$1.75
12-15
Philadelphia
6
11-30
St.
12-10
11-10
11-10
75c
______
11-19
12-15
12-
12-20
25c
11-30
$3.50
—
1
12-15
40c
11-30
Pitney-Bowes,
Cordage, 7% pfd. (s-a)
Jersey Power & Light, 4 % pfd, (quar.)
St.
_
—
11-30
12-15
5C
Bedford
New
12-15
15C
(accum.)_———
i
1
20c
$1
Co.—
participating class
1
12-
11-10
20c
10c
11-
Philadelphia Suburban Transportation—
Quarterly
11-27
1
12-
25c
1
12-15
(quar.)
Philadelphia Bourse
Philadelphia Electric
11-27
f$1.25
(quar.)
Company
Extra
11-17
12-15
$3.50
!_____—
12-
Mulliken Corp.
(quar.)
Company (quar.)
Brewing Co
Phelps Dodge Corp. (quar.)
5
$1
(quar.)_*
$1.10
,____
Pfeii'fer
11-15
$1
_
1
Year-end
11-16
1
11-
50c
Peter
10-29
12-
I-
11-18
1
Holders
11-24
$$1.06
pfd. (quar.)
53
Payable of Rec.
50o
Saguenay Power Co., Ltd., 4V<%
12-13
When
Share
(quar.)
Extra
0
12-
Extra
12-15
11-30
50c
Corp
Inc.——
Fund,
Year-end
New
12-10
15c
(initial)
(Herman)
Nestle-Le
New
12-15
12-22
20c
Nesbett
$2
1-3-49
2-
Pettibone
12-15
37'/a c
—
Extra
Nelson
1-3-49
12-18
Pfaudler
12-15
50c
_
Ltd.,
1-3-49
50%
common
(s-a)
(Wm.),
Permutit
3
11-22
Shops
St.
...
12-
12-15
1-49
2-15-49
50c
Gas Light & Coke
L_
Machine & Gear Co., 7% pfd. (quar.)
Metals Corp.
(increased quar.)_
11-18
1-2-49
25c
(quar.)
preferred
Perkins
Per
Name of Company
'
92 %c
,
Permanente
$1.25
Company
Neilson
8
1
25c
-
30c
Peoples
8
12-
15c
—
(s-a)
Naumkeag Steam Cotton (year-end)
Nazareth Cement Co., common (year-end)
7%
12-
12-15
$1.12%
(quar.)
common
new
12-15
12-
J15C
(quar.)
(stock dividend)
Company,
11-22
$1.75
(quar.)
A
Co.
Co.
Tea
1
$1.12'/a
(quar.)
class A (quar.)
Machinery
National
12-
$2.50
Service, common
4%% preferred (quar.)
:
5% preferred (quar.)
National
11-12
•1.50
Linen
National
1
Payable of Rec.
«2%C 1
(quar.)
Pennsylvania Exchange Bank (N. Y.) (s-a)_
Pennsylvania State Water, $7 pfd. (quar.)_
Pennsylvania Telephone Corp.—
$2.25
5% non-cum. 1st preferred
National Gypsum Co., $4.50 pfd.
National Hosiery Mills, Ltd.,
National Lead Co., 7% pfd.
12-
tl5c
.—
(quar.)
Corp..
Extra
Panada,
Ltd., common (quar.)
Convertible preferred (quar.)„____
National Erie
Corp.
3%
11-30
(2161)-
Holders
Saco-Lowell
4.40% preferred B (quar.)
Pennsylvania Engineering Corp
11-30
$1.25
1
—
&
12-10
12-10
Share
(yeav-end),
Pennsylvania Electric Co.—
3.70% preferred C (quar.)
11-30
12-10
80C
5%
Company
preferred
Pennroad
11-19
12-10
45C
common
8
$1
(quar.)
Corp.,
11-
When
Telephone Co.—
Common
8
for
!__
held)
11-
12-10
(quar.)
(Two shares of
shares
Peninsular
12-10
CHRONICLE
.
Name of
■
20c
FINANCIAL
Per
Payable of Rec.
j.
National Cylinder Gas Co.—
&
Holders
When
Per
COMMERCIAL
12-
1
11-18
5%
12-31
12-15
57c
1-2-49
12-17
25c
12-10
11-39
12-
11-11
$1
I
!!*.
54
(2162)
THE
Stuart
(D.
Class
Sun
class A
Oil, Ltd.—
A.)
A
Sun Oil
participating
Co.,
Co.,
preferred
Sunshine
preferred
common
(quar.)—
Die
4%
2nd
Oil,
Warren
1
11-15
Wellman.
Warren
$3
(Northam)
convertible
Engineering
12-23
11-19
Wentworth
5c
11-26
11-15
Wesson
11-26
11-15
(quar.)____
37 %c
12-
1
11-15
._
10c
12-
1
11-15
(quar.)__
Inc.,
Indies
(quar.)
Sugar
7%
1st
11-30*
West Ohio Gas Co.
(quar.),
Wpst Virginia Coal & Coke (Increased quar.)
1
11-15
Westeel
12-
1
5
Extra
1
Products,
Ltd.
11-
(accuin.)
7%
&
11-15
50c
12-
11-29
11-
8*
Western Condensing
11-29
11-
8*
Western
27c
12-15
12-
1
<7%
12-15
11-15
Common
$1.75
12-
11-12
(initial
pfd.
(quar.)_
5%
common
quar.)
11-10
12-
3
12-
3
11-10
$30c
12-
1
11-15
25c
12-
1
12-
1
25c
.
Textn?rMiirsrud::::::::::::::ii-.:--:Thew Shovel
Co,, common
—.—
25c
7%
preferred (quar.)—,,
12-15
$1.75
—
.
11-15
Western
5%
1
12-15
1-49
3-15
3%%
6-25-49
6-15
3.80%
$1.50
12-15
12-
Thompson Products, Inc., com. (year-end)—
4% preferred (quar.)—
Water Associated Oil (quar.)_
Tila Roofing Co.
iquar.)..
Timken
Roller
Bearing
Increased
Tlvoli
lirrcg.)
quarterly
Brewing
Co.
Edison
4%%
Toledo
Treesweet Products
Co.
Tudor
208
Lamp
Common
Uarco,
75C
12-
4
11-19
1-
3
12-
Union
Tank
Car Co,
Aircraft
iquar./
_
.—_
preferred (quar,).
4% % preferred (quar.).
United Amusement l'j., Llu., cntss A
Air
11-20
5%
1
12-1
11-
9
1
50c
3-1-49
■.
Lines,
Co.,
preferred
5%
11-17
6%
11-19
1
11-15
1
11-15
1
11-20
Woods
11-30
11-15
Artists'
United
Theatre
preferred
5%
Woolworth
(F.
—
(F.
W.),
12-15
12-
United
Carbon
United
25c
Co.
Corporations,
Electric
United
class
4%%
50c
12-10
11-24
4%%
f 25c
11-30
10-30
25c
12-10
11-24
Wright
12-10
11-24
Wrigley
75c
12-10
11-17
(quar.)
J75C
1-3-49
12-10
(s-a)
65c
12-18
11-24
12-18
11-24
Ltd.,
class
(quar )
B
.
(quar.)
preferred
Improvement
stock for
common
41c
7%
6.36%
United
Merchants &
United
Molasses
Facific
53c
53c
Ltd.
50c
50c
(quar.),
(interim).
Co.
——
(quar.)—_
6%
prior yimerreti
Jr.,
Worsted
—
Mfg.* Co.
Co.—
-
.
& Tube
books
closed
not
in Canadian funds, tax
15%; resident tax 7%,
1-2-49.
U.
Funds,
less
this
in
60
declared,
cumula¬
payable
Jan.
,
sales
Subs.)-*-
,
1948—Month—1947
$3,156,492
1948—10 Mos.—19471'
,
$2,995,275
$27,247,967
$24,381,607
Registration Statement Withdrawn—
The
registration
1948
and
par)
was
statement
(No.
7612)
filed
;
with
covering 25,000 shares of cumulative
withdrawn Nov. 9.—V. 168, p. 1590.
Silver
the
SEC
preferred
June'28,
stock
(no
'
Crescent, Inc., Kellogg, Idaho—Files With SEC
The company on Oct. 30 filed a letter of notification with
the SEC
for 550,000 shares of assessable stock, to be offered at 18c
per share.
Underwriters are R. L. Kmaeio & Co.,
Inc., and Hachez & Brown,
Inc.. Spokane, Wash.
Proceeds will be used for mining opcrat'ons..
25c
25c
10c
$1
12-15
11-30
25c
■
1-20
In
15%
with
its
present financing
program,
the company
offered to its stockholders 71.362 shares of common stock,
rights which expired on Nov, 8. The offering was heavily over¬
11-13
Service
6-31
12-20
12-10
subscribed.
1-20
4-20
7-20
11-19
1-3
also
owns
majority
a
168,
p.
V.
interest
Iowa
Public
The
company
1,349,200
Nov.
on
shares
non-assessable
reclaimed
of
filed
12
letter
a
non-assessable
stock,
Proceeds
bucket
will
line
be'used
to
dredging
of
notification
stock.
common
treasury stock and
to be sold at 12%
writing.
11-10
Leasing Co., Inc., Spokane, Wash.
SEC—:
complete
20,000
shares
cents
of
unit
per
purchase
outfit
with
SEC
shares
iron-assessable
without under¬
incidental
itG,
the
145,200
interest
one-quarter
and
testing and operating placer claims.—V.
Jamaica income tax.
the
in
2014.
Corp., N. Y. City—Transfer Agent
South Fork Mining &
—Files With
of
Canadian non-residents' tax,
deductible at the source.
Non¬
See
The Colonial Trust Co., New
York, N. Y., has been appointed transfer
agent for 1,000 shares class "A" preferred stock, 6,500 shares class "BP
preferred stock and 8,000 shares of common stock.
11-19
dividend.
.Company
Co.
625 Madison Avenue
2-28
37%c 1-31-49
37'/2c 4-30-4937%c 7-30-49
"
$1
12-15
collateral trust bonds, 3% series, due in 1978,
an additional issue.
The price was 99y2.
connection
under
3-15-49
Privately
recently
2-19
11-13
6-15-49
$1
Sioux City Gas & Electric Co.—Bonds Placed
—The
12-20
British income tax.
30%
also
was
,
11-10
1-2-49
S.
for
fPayable
xLess
$100,
par
1804.
5%
comprising
—-
tPayable
11-10
stock;
p.
Period End. Oct. 31—
for
1
168,
the
gage and
11-15
12-
preferred
per
11-15
•
-
62 %c
and
11-20
11-20
(quar.),,——___
Extra
$1
.—
preferred
Youngstown J3heet
Less
quarterly dividend of $1.25
Shoe Corp. of America
(& Wholly-Owned
October Sales Up— 1
>.
;> >
Retail
14
against
as
1947.
11-15
10c
12-15
a
on
record
12- 1
11-30
12- 1
12- 1
'" l-f 3
2- 1
3- 1
11-29
H-29
$5
-
(quar.)
:. "•>
11-15
11-16
1948.
share
of
June
13,
for
$1
-
share
per
$2.50
12- 1
15c
;
-
Tile
1
1
cents
holders
company, it was announced Nov. 10, has sold to
the New York Life Insurance
Co., $1,000,000 first mort¬
—
1-3-49
12-
25
to
March
on
of
of
15
12- 1
10c
-
resident tax
total
a
Dec.
made
was
making
dividend
a
payable
12- 1
(quar.)!
1
$1,
11-5
(quar.)
Co.
preferred
12-
first
declared
12-15
12-15
—_
convertible
11-20
main¬
$1.12%
$1.12%
'
convertible
$1.75
Co.. 45c conv. pfd. (s-a)„
U. S. Finishing Co., common (quar.)
3
*
—■—
r—
6%
11-15
future
12-20
•.*"
12-15
12-20
space
possible
12-8
(s-a>_—
1-3-49
12-13
for
area
12-24
(quar.),—
(quar.)'____—.—
11-30
parking
11-10
(monthly)
25c
i-—-----—50c
preferred
$5
25c
of
1
Corp
convertible
10%
usual
10
par
payment
year,
in
1949 —V.
11-18
12-
Co.
—
"■Transfer
faciiit/es,
explained.
25c
(quar.)_
6%
6%
12-15
1,
11-17
pre-
11-18
1
ft.
sq.
Nov.
stock,
similar
this
11-15
12-
50c
11-15
12-
1
f40c
1
1-3-49
office
1-10
Ltd.—
for
receipts
Mfg., 5%
Cab
operations
by these two dis¬
and
10c
Canada,
(quar.)
——
22 %c
U S Casualty
25c
11-15
12-
t50c
12-
12-
11-30
12-17
25c
31 %c
prior preferred
preferred (quar.)__
(Win.),
Fibre
Yellow
58 %c
Manufacturers
Co.,
Insurance
(quar.)
12-16
58 %c
(monthly)
(monthly)—!—
11-30
Common
—
preferred
United
deposit
Common
American
(monthly)
(monthly)
—
pfd.
prior
prior
of
Aeronautical
Yankee
of
rate
pfd. (monthly)
preferred (monthly)—.
prior
6%
of
held.
preferred
preferred
6.36%. prior
6%
share
1/50
Traction
&
prior
prior
the
12-15
Ltd.—
Monthly
Monthly
be
at
$1.20
—_—___
Co.
Special
shares held.)
issued but
50
not
distributed
each
for
Light
7%
be
each
will
shares
will
cash
tive
11-30
Wysong & Niles Co., common—
(One share
Fractional
12-15
(quar.)
convertible
Extra
Light & Railways Co., common—
of American Light & Traction
$1.12%
Worthington Pump & Machinery Corp., com.
Monthly
Wyandotte
A
13,
paid
11-15
11- 3
Ltd
Co.,
branch
covered
3%
Corp.
prior
*
1-15
1
1
(s-a)
Worumbo
,
Corp.
A
Gas
United
11-16
iquar.)—,
Investments, Ltd.—
Fuel
6%
United
1
(quar.)
United Electric Coal Cos.
United
12-
—
1-31
—
Co.
W.)
Wool worth
ferred
30.
The
11-15
12-
—___L
20,000
on
common
cents
11- 3
12-
common
Governor
American
Nov.
11-15
1
12-
90c
preferred
Wool
11-16
12-31
12-31
$1.50
___—
(quar.)___
11-15
1
11-15
50c
25c
(quar.)
Atlanta
Manufacturing Corp.—Regular Dividends—
directors
the
Sept.
11-30
12- 1
common..:.—28c
(quar.)
11-15
1
series)
Light,
11-15
12-
12-10
$2.50
common.
(quar.)_,
&
11-30
25c
Shelter
11-22
11-30
20c
Extra
20c
(s-a)______
and
areas
warehousing
now handled
by the Atlanta branch, the corporation still
district sales office in Jacksonville.—V.
168, p. 1908.
a
The
on
11-15
1
11-30
Inc.—
America—
of
tricts is
11-15
■
12-
$1.25
Circuit,
(quar.)—
Co.
1
62%c
Manufacturing
25c
Biscuit
United
additional
an
tains
12-13
convertible
Combing
and
11-22
Power,
larger
The
11-20 >^11-10
1
$50c
$50c
1
12-
30c
1
(1897
Power
Woodward
5%
12-
70cf>
25c
preferred
for
Atlanta branch services
Sharp & Dohme customers in Georgia),
Florida, South Carolina, eastern Tennessee and northeastern Alabama.
Although all distribution for both the Jacksonville and Atlanta dis¬
1-28
»
of-Jacksonville
need
expansion.
11-15
30c
(quar.),,^
the
;EJmer W. Metzger, Manager of Domestic Branches,
The new. branch contains approximately 20,000 sq. ft. of floor
11-22
2-15
1-
$50c
Extra
1
12- 6
10c
,
12-
preferred
Woodall Industries,
12-
12-
$1.60
.
office.
11-22
$1.12%
(quar.)
(year-end)
current
.....
,*
8
12-10
branch
consolidation
created
11-8
Inc.-(quar.—,—
4.80%
12-
11-
1
50c
—
of
group
construction.
completed in the one-story brick building
Atlanta, plus increased sales in the
tricts,
11- 8
12-
$1.06%
preferred
$1.25
1
12- 1
(year-end),_—50c
preferred
4%%
12-
,
(quar.)
Electric
$1.12%
t50c
Corp.
(s-a)__
preferred
3.60%
12-10
12-
25c
common
non-cum.
in
11-15
95c
Winnipeg Electric Co., common..:
Wisconsin
65c
11-8
common
preferred
Brothers
Wisconsin
3-19
.11-27
&
$4.25
11-16
12-18
12-
10c
Corp.—
convertible
5%
United
Wilson
62 %c " 1-3-49
93%c
(quar.)
Wilson
11-26
12-
%c
62 %C
A
Products, Inc.
11-11
11-15
12- 1
—
Willson
11-15
12-15
,'87%c
Oil
(Consider II.),
1
$1
——
Special
1
12-
12-16
11- 5
—
Company, common iquar,),
Wilkes-Barre Lace tilfg. (quar.)—
12-10
12-
$1.06% ;
$1.25'
12
12-15
1-3-49
11-15
12-15
25c
—
(Geo.), Ltd.. 4%%- preferred
Wilcox
2
California—
of
preferred
United
(quar.)
com
(irrcg.)_,,,,—____________—
Co.
12-30
35c
$1V:
(accum.)
(quar.)
Inc.
Oil
$3.75
pfd.
$6
common——
LaSalle Street Corp.,
South
Union
(quar.),-,--,——
Works,
Weyerhaeuser Timber Co.
12 % c
(quar.)
Forging (year-end)
Unit,
Ninth
City
Tung-Sol
Weston
5
Willett
(quar.)
pfd.
1
11-
Co.—
—______—_________
Transue & Williams Steel
Instrument
12-
tl5c
_—
fr Construction
Realty
Electrical
12-15
11-26
$1.25
15c
50c
(quar.),-,.—
(quar.)—
B
12-
1
F.nal alterations have been
2- 1
i
12- 4
(quar.)
-
A
12-15
$1
___
Tishman
(quar,)
___
preferred
preferred
Weston
75c 2-15-49
*1
2-1R-*0
$3.50
12-14
(quar.)
common
25c
——
pfd.
conv.
and
last
April, and stocks of the company's pharmaceutical and
biological products have been transferred to the new location from the
Corp.—
Stationery
a
retire
tions.
Recent
40c
Tide
former Atlanta
——
Extra
1-49
4-
1
11- 5*
—
authorized
to
to
step in the,/corporation's Integration and expansion program
completed Nov. 15 when its new' Atlanta, Gal, brancn began opera¬
11-20
$7
used
improvements
new
of an
sold
be
be
Sharp & Dohme, Inc,—New Atlanta Branch Open—
leased
Year-end
1-
50c
and
to
are
Another
was
11-15
11-30
(quar.)
6%
inventories
to
debentures
proceeds
816.
p.
12- 1
12-16
Alabama
Westinghouse Electric,
50c
common
&
Utilities,
165,
consider approval
will
29
3%%
net
1
Co.
Westinghouse Air Brake
11-15
12-
Tablet
preferred
50c
M.lls,
Tip Top Tailors, Ltd.
—V.
Nov.
15-year
The
for
11-25
(quar.V
A
debt,
(quar.75c
25c
Co.
RR.
firms.
12-15
Co.___\
Railway of
Western
Common
Cotton
12-
on
$2,000,000
4$1
(quar.)
preferred
Common
Thomaston
11-15
12- 1
12-11
17 %C >12-20 ^
12^4
50c> ;
12-13
11-30
,;t5Dc
12-15 ' >11-25
:
_______
12- 1
12-11
Ry.— ,
preferred (accum.),.
1st
of
insurance
Maryland
Western
50c
Hew
Western Auto Supply
Western Pacific
1
Oil—
Coal
(quar.)
__
25c
<,
Water Works,
Pacific
Texas
(s-a)—
12-15
$1.95
(quur.)____—
preferred
Haute
—
Corp.
stockholders
issue
-
Taylor & Fenn Co., 4.32% cum. lna. (quar.)
Telephone Bond &: Share jCo.—
Terre
$1
75c
75c
preferred
15c
—.
cuiuinoiL.u,»-T.,„i...»-,-,-
Inc.
11-24
above.
Scruggs-Vandervoort-Barney, Inc.—Plans to Place De¬
The
bank
12-
1-3-49
1.11-22
Extra
50c
Talon,
Tampax,
12 %c
(irreg.)
Co..
Mfg. Co. (quar.)__.._
Snowdrift Co., Inc.—
Sehenley Distillers Corp.
bentures Privately—r
11-16
11-15*
11-12
11- 1
12- 1
12- 1
Oil &
25c
r;
Sehenley Industries, Inc.—Proposed New Name—
See
Jl-13
11-13
1
1
75c
20c
55c
—
75c
$1%C
—
10-30
$4
West
1212-
-
(quar.)
(quar.),.—
Corp.
Holders
When
35c
$1.13
.
Corp.—
preferred
Petroleum
15c
Transit Corp.Corporation
Taggart
11-15
12-
37 %c
Sylvanite Gold Mines, Ltd
Symington-Gould Carp.
Syracuse
11-12
11-24
__—-
preferred
6 %
1
common
Monday, November 22, 1948
Payable of Rec.
Share
,
C.)
Company,
preferred
(quar.)
1
12-
5c
(quar.)_
preferred
(S.
12-
25c
5c
Swan-Finch
Warren
12-15
$20c
__
i qaar.9
w.
&
1
$4.50
iquar.)
Mining
Superior Tool
11-
12-.1
CHRONICLE
FINANCIAL
-
Per
Name of Company
Payable of Rec.
$75c
(s-a)'
iquar J,—_
common
Ray Drug
6%
Sfyare
Ltd.
Screw,
&
Holders
When
Per
Name of Company
Stowell
COMMERCIAL
in
a
equipment ior
163.
p.
^
*
$4: preferred
7%
(quar.)
preferred
S Guarantee
U
.
(quar.)
—
Co
—
Gypsum
7 %
preferred
U. S.
S.
) qua v. I
„
12-
3
12-23
12-
3.
12-31
12-
8
12-24
50c
12-
1-
3
12-
$1.06%
1
11-19
62 %C
(quar.)
common
preferred
(s-a)
22 %C
S.
Pipe & Foundry Cc. (quar.)
U. S. Playing Card Co. (quar.)
12-14
1-
3
U S
Potash
8,
Printing
5%
U.
Co.
(Continued from
11-30
&
preferred
S.
Rubber
11-30*
8%
Lithograph,
1st
non-cum.
Steel
7%
Corp.,
preferred
Stockyards
Universal
Extra
Consolidated
—
Pictures
4%%
12-
—V.
12- 1
2
11-22
12-
12-10
11-
5
11-20
11-
1
$12%C
12-30
12-15
12-
11-15
Oil
5%
Van
—
common
—
Raalte
Componv.
Inc.
11-10
(year-encl)
1
11-15
executive
1
11-15
V.
$2%c
12-
3
1—__
.
Walker
Company
Warner k
(quar.)
12-21
12-
1
12-
2
11-18
Federal
Provision
5c
11-24
11-
40c
12-
1
11-12
12-15
12-
12-
1
12-
$31 %c
30c
1
has
joined
Vice-President
the
in
is
and
company
charge
of
Oil
to
oil
crude
be
Co.
in
elected
an
a
procurement.—
Works—Earnings—
1948
1947
$1,419,362
$1,361,777
663,455
629,227
183,508
—-—--—
expenses-!—!
taxes
for
—
118,824
'$453,575
.
income
Nonoperating
4,176
—
156,438.666
124,tfOC 595
14,759,209
13,447,872
127,089.307
107,724,303
1,045,924
16,313,092
448,314
13,036,267
62,482
0,251,397
before
deductions
11-19
11-12
Interest
11-20
Miscellaneous interest
12-11
11-12
Amort,
12-20
3
12-17
1-14
6-2-49
8-1-49
Balance
$457,751
$447,395
102,973
of
bond
77
—______—
premiums, discounts and
10,096,043
7-15
12-11
Cr3,127
Crl,649
$357,694
exps.
—v—
preferred stock-_______
.
.
$345,128
35,626
35,626
12-15
11-15
11-20
available
p.
1804.
for
>.
common
stock.——
$322,068
$309,502
50c
12-15
11-19
25C
11-24
11-10
stockholders
will
vote
Dec,
9
on
changing
the
name
nroductS/—V.
168.
p.
1404.
the basis of
on
sharp
one
The subscription period ex¬
pires Nov. 30. Any unsubscribed shares will be purchased
by the underwriting group.
Sale of Bonds Privately—The
company on Nov. 17 an¬
nounced the sale, through Harris, Hall & Co.
(Inc.), of
$1,000,000 first mortgage bonds, 3% series due
1978, to
the Aetna-Life Insurance Co. and Provident
Mutual Life
Insurance Co. of ^Philadelphia.
The issue was sold at
99.02 and interest.
■
» >
1
:
•
•
preferred shares
Tl;e
of
0.6
convertible
Transfer
of
agent
for
this
for
'
'
.
PURPOSE—The
net
'
the
for
sale
its
of
first
•
to
common
banks
of
of
will
in
the
$2,150,000.
net
dends
the
Other
(1)
to
of
funds
expected
by
for
required
the
on
the
due,
proceeds
1978
are
net
of
payment
$800,000,
program
of
estimated
Net
proceeds, ranging
$2,665,175 'as to aril
of
and
for
company
principal of
{,21
1849
ip
to
pay
the-
in
financing said
to
be
notes
part
estimated
con¬
available
from
namely, provisions for depreciation of not less
income available for surplus alter provisions for
tban
company's preferred
hand.'
The
used
amount
^
sale
arc
sources,
$300,000,
on
be
the
construction
total
maximum
a
the
stock
$1,562,087 to $1,593,475.
mortgage bonds, 3%. sqries
estimated
to
5%%
,
.
from
company
to
-costs
basic
a
"
'
"
.
the
additional
at'$971,700.
These
minimum of $2,533,787
these. securities
'
.
California Trust Cp.
Los An¬
stock, Baltimore' National Bank
estimated
owing
.shares at
preferred share
.
from
a
common
each
stock,
"
proceeds
stock and the
amount varying from
an
share
common
preferred
now
into
convertible
preferred
agent
Baltimore, Md.
at
are
one.common
series, subject to adjustment.
Transfer
internal
of
corporation to Sehenley Industries, Inc. It was stated that a sub¬
stantial portion of the business of the company is now in other than
HicMUpd
shares at $36 a share
common
struction* program are
Sehenley Distillers Corp.—To Change Name—
The
.
for each three shares held.
amount
11-10
3,084,694
k
the
«
11-15
20C
168,
6,286,239
I/.,,",.
.
,
.
of
Balance
—V.
1,237,543
,
-
In addition, the company is
offering to its stockholders
of record Nov. 16 rights to subscribe to
20,925 additional
from
income
Net
Dividends on
1590.
p.
.
Southern California Water Co.—Stocks
Offered—An
underwriting group headed by Harris, Hall & Co. (Inc-)
Smith, Polian & Co., on Nov, 17 publicly offered
36,000 preferred shares of 5^2% convertible series (par
$25) at $26.50 a share.
103,839
211
_____———
first mortgage bonds
on
4-15
11-12
168,
.1,069,521
and
10,331
11-30
1-
—V.
geles.
1
2-1-49
40c
14,942,110
110,190
$437,064
—
income
operating
1
1
18,416,943
rate
Net
12-
12-
381,888
__
125,038,478
185,296
——
income_i
on
depreciation
11-30
Worts, Ltd.—
Sun
11-15
20c
_,
•
company,
8
$1
Co.—
Operating
1
37 %c
—
parent
with
associated
years
the
1048.
San Jose Water
11-12
37 %C
:
by
over
12 Months Ended Sept. 30—
12-
$1.25
_—
several
Operating revenues
12-10
37 %C
(quar.)
been -taken
has
for
capacity,
and
168, p.
$1,25
62 %C
iquar.)
*
Swasey
1-2-49
$1
(quar.)
(H.)-Gooderhum &
Increased
1
11-27
10c
—
u
6%
< (quar.)
6%
preferred
(qnar.)_j
Vogt Manufacturing Corp.
^alker &
common
(quar.)
Walgreen Co., common
4% preferred (quar.)
1
12-
7
30c
(quar.)—
Electric & Power,
$5
preferred
(quar.)
Virginian Railway, common
12-
12-
$1
J12C
—
Virginia
preferred
preferred
9 Months -
-
—
11-12
12-20
12-20
$1
Virginia Coal & Iron—
Virginia Dare Stores, class A (irreg.)
Virginia Dare. Ltd.. 5% preferred iquar.)
6%
Boulder,
12-
75c
;
Ltd
Co.
subsidiaries
these
12-
62 %c
Steel
(quar.)
Chemical
3 Months
-
of
1
15c
iquar.)
Viceroy Mfg. Co..
' ;
earnings after taxes and charges.—
22 %c
Vapor Heating Corp., 5% preferred (quar.),
Venezuela Syndicate,
Inc.
(irreg.)
__
Vick
Period Ended Sept. 30, 1948— >
Net
Earnings per com share, after pref.
director
pr el erred
Verney Corp.
(& Subs.)—Earnings-
11-10
11-26
576,248
••
11-15
4
11-15
$1.06%
.
(quar.)
prior
Vanadium-Alloys
1948—9 Mos.—1947
$43,956,595 $125,950,776 $130,233,694
168, p. 1368.
John
(quar.)
preferred
Co.,
1948—3 Mos.—1947
$43,633,531
-
11-26
50c
(quar.),,,
(quar.)
Inc.—
(quar.)
Knitting
-
12-
40c
48,355
i
rev._
operating income
Net after charges—„!_
$354,1027/ $782,841
divs——$2.85
$6.57
The company points out that these earnings include? non-recurring
profits equal to $1.51 per share arising from the sale of certain leases
and equipment and reflect,
likewise, certain non-recurring expenses
relating to the dissolution as of Oct.
31 of its three subsidiaries,
Roosevelt Oil Co., Simrall Corp. and C. L. Maguire, Inc. The business
1
20c
Utica
:
25c
—
Upper Canada Mines. Ltd
Upson-Walton
-
Roosevelt Oil & Refining Corp.
11-22
56 %c
Winding Co.—
90c convertible
Period End. Sept. 30—
12-15
12-10
12-10
6*,231
oper.
Net
11-15
1-
1
$1.75
;
(year-end)—
Co.
Co.,
preferred
Universal
12-15
$2
—
Insurance
Universal
Sales
$1.25
pfd. (quar.)
(quar.)
Ltd
Corp.
Universal
12-16
$1
157,014.914
Operating taxes.1,988,213
50c
(quar.)
CoriL
Steel
United
_____
preferred-—
common
United
12-16
1-1-49
62 %c
common-,
U S Spring Ai Bumper Co.. 4%%
U. 8.
1-1-49
$2.50
common.
12-20
45c
(quar.)
Co.,
1948—9 Mos.—19471
14,990,465
____
16)
page
1948—Month—1947
_
.18,471,174
( Operating revenues
Operating expenses.
Rexall Drug, Inc.—Quarterly Sales Lower—
50c
(irreg.)
revenues
Co.—Earnings—
12-17
$1
U.
Operating
Investment News
70C
—
Corporation and
Uncollectible
8
12-
General
8
$1.75
-—
Machinery Corp.—
preferred
(quar.),
Lines,
4%%
U.
(quar.),,.
common
Hoffman
4%%
U.
Co.,
12-23
75C
$1.50
6.
35c
—
Special
U.
Southern Bell Telephone & Telegraph
Period End. Sept. 30—
proceeds
■
and
.
to the
common
shares, and
cash
company
from
divi¬
now
x
.
the
abovo
mentioned
notes
have
:
Volume
been
during
its
will
and
'
168
1948
Number 4753
be used by
of
it to finance in
part the cost, to the company
completion,
construction,
THE
-
;
extension
improvement
or
The
GIVING
EFFECT
PRESENT
TO
FINANCING
Authorized
First
mortgage
due
(Revolving
PIci..shs.
credit
5%'%
issued
32,000 shs.
,
series
and
as
to
Bank
on
but
which
under
March
before
or
and Savings
Bank.
$1,000,006
first
bonds.
mortgage
3%>
series
due
between-
1949,
lime
outstanding
including
bv
Dec.
and
be
to
1948,
31,
available
the
borrowings
revolving credit; notes'expressed
1S50
at
(interest
3%
per
2-Vi%
at
The
per
to
annum
to
March
including March
and
and at 5%
per
31,
The
All
issued
notes
the
under
Joan
will
agreement
be
CONSTRUCTION
struction
program
oxclnsivo
of
PROGRAM—Company
estimated
will
be
for
the
balance,
! HISTORY
AND
31,
Co.
Southern
by
of
real 'estate
within
ail
on
as
California
On
Water
mercial
and
and
in
industrial
all
supplies
one
In
operating
1948,
but
12,
and
others
the
m
name
in
States
and
was
of
shares
the
of
agreed
of
names
the
stock
the
sells
12
changed
which
ice.
months
it
Of
to
Sept.
Polian
stock
'■
underwriters
and
Bill Richards
Lester
&
and
&
Wi.liam
R.
—V.
168, p.
by
each
underwriter,
Co
Per-
3,600
3,600
'
*
this
for
company
week
ended
Nov.
2,597,000
13,
kwh.
17.4%.—V.
1948—Month—1947
Iraq
The
'
for
168,
p.
old
.and
of
debt
4,742.615
62,810
789,812
755,088
7,200
152,900
86,400
86,400
.
(
865,025
1
$160,830debt*
$161,062
256,450
oil
on
1,813
of
yet
of
food
any
and
is
from
3,203
Cr 3,152
168,
of
$136,673
$1,799,865
34,358
$106,655
$102,315
chemists
to
of
the
as
protein
in
Suits
Co.
Arabian
other
as
involving
American
result
a
of
shareholders
month
next
said,
that
litigation
these
of
30%
a
the
Operating
revenues—
Uncollectible
oper.
$4,163,063
the
stock
that
Eastern
.is
acquisition
planning
needed
Hemisphere
Iraq
of
Arabian
the
the
pro¬
Marshall
Plan
markets.
be
used
to
retire
Ltd,
1928
...
to
ail
parties,
agreement.
provisions
the
which
it
available
Petroleum
V.
//'
included
solely
of
N&t
operating
income
charges—____
—V.
p.
.
licld
of
to
Tripoli
IPC
and
168,
$151,444
As
and
oil
the
expansion
also
and
of
in
stock
ownership.
The
purchase from
right
of
excess
to
the
requirements
of
a
(
426,275
part
intends
line
other
from
one
Kirkuk
to
Construction
between
construct
Mediterranean.
chare
Nov.
3,886,626
drrtffctors
the
on
23.
A
'per share
.
on
Nov.
capital
18
declared
stock,
;
Its
research
new
a
Kirkuk
to
payable
quarterly
Dec.
20
dividend of
to
holders
is
pipe
line,
with
a
being constructed
also
proceeding
on
Tripoli.
The
Iraq
and
pipe line between
stockholders will share
proportion
Corp.—New
for
their
to
Southern Ry.—Estimated
,
Period—
Nov.
and
per
and
testing
improvement of
—
$
6,321,079
earnings
—V.- 168, p. 2053.
1947
$
record
which $1
be
Net
Nov.
on
shares
shares of
of
filed
5
a
letter of
cumulative
75c
stack
common
in
the
set
up
for
the
ones.
Massachu¬
$1),
with
stock
The
used
the
SEC
par)
(no
and
preferred
$5.?5 per share.
for additional working capital.—V. 168, p. 156.
sales
common,
6,304,029
Allan
J
*
will
1
4
'
'
Operating
revenues
Uncollectible
oper.
1948—Month—1947
'
19,716,144
1947
$
$ "
278,734,637 248,439,806
rev-
65,975
-•
'
61,268
598,940
137,026,618
348,977
of
paid
creditors
full.
in
is
confirmed
the
on
do
168,
claims
with
not
by the court,
dollar.—V.
whole
Those
or
larger
the
accept
would
be
paid
1735.
p.
Nov.
on
15
announced
W.
Lundstrum, inventor
Heating Research,
the
of
device,
and other key
H,
W.
personnel,
Milner,
have joined
organization.
marketing 'and other operations of the newly acquired
be integrated with the South
Wind Division of StewartIndianapolis, Ind., Mr. Knowlson said/
less returns,
INCOME
Cost
of
sales,
selling
expenses
and
ACCOUNT
1948
allowances
1947
1946
and
$55,993,599 $56,926,546 $40,587,686
——
admin.
.
*51,123,635
™
52,993,603
37,934,637
$4,869,964
_
Operating
Other
profit—
and
*
share.
per
$2,653,049
Dr91,115
Cr245,797
2,406,843
1,902,977
1,225,551
$1,938,851
$1,673,295
$2.02
$1.49
$1.31
——
other
inc. taxes.
Net profit for period—
Earnings
$3,932,943
Crl46,609
$2,609,725
(net)——
expenses
for Fed.
—
—
Including provisions
Sales
of $619,607 for depreciation and
$500,000
relating to inventories, reserves, etc.
adjustments
for
the
third
quarter
of
1948
were
$18,124,114,
1947
third-quarter sales of $16,748,250.
Commenting on third-quarter sales, which
the
previous
quarter
Chairman, said
plants
of
lowered
the
that
quarters of
increases
of
the
1943,
the
James
annual
had
company
earnings in
third
S.
vacation
cut
Knowlson,
period
shipments
the
...
per
the
was
$7,564,126
650,860
253,247
266,000
266,000
share—*,—.*—$2.45
common
first
44
pay
all
The
and
third-round
two
wage
»
of
in
banks
$810,332),
end
SEPT.
30,
1948
on
hand, $9,991,631; receivables (less
Inventories, priced at lower of cost
$9,737,840;
(first-iu,
first-out) or market (less reserve of $1,945,000 for
possible
inventory price declines), $12,036,199; U. S. Government securi¬
cost), $3,186,207; deferred receivables, etc.
(including officers'
employees' stock purchase accounts of
$241,195), $613,183; sup¬
plies and prepaid expenses, etc., $636,179;' ulant and
eouipment, stated
principally at cost (less reserves of
$10,678,435), $6,944,710; patents,
licenses and goodwill, $1;
total, $42,945,950.
ties
(at
and
LIABILITIES—Accounts
provision
for
Federal
contracts
war
applied
in
(less
payable
and
other
$4,798,850
payment
and
accrued
liabilities,
taxes
for
income
U.
S.
and
Treasury
$9,046,992;
adjustment
notes, tax
accumulated
(5.962
since
shares
at
Dec.
$5
31,
1933,
$11,606,141;
share), Dr%29,810;
per
less
total,
1949/
of
series, to be
contingencies,
capital stock
(hereof),
$5,196,999; reseives for
$3,180,996; reserves for product
guarantee, $1,000,000;
($5 par value), $6,502,910; capital
surplus, $6,439,722; earned
surplus
treasury
stock
$42,945,950:—V.
168,
Sun
Oil Co.—To Pay 10% Common
Stock Dividend—
Francis S. Mcllhenny,
Secretary-Treasurer, on Nov. 16 announced
that
the
directors
had
declared
10%
a
stock
dividend
stock, payable Dec. 30 to holders of record Nov.
terly dividend of 25 cents per share in cash,
payable
A
the
Dec.
10%
to
15
stock
holders
stock.—V.
common
of
distribution
record
the
on
The
common
usual
quar¬
declared,
is
Nov.-24.
also
was
168,
30.
previously
made
on
Jan.
this
30,
year
on
1626.
p.
Sunray Oil Corp.—Drilling Operations SuccessfulC.
of
the
company's
drilling
operations
in
Texas
pletions
ahead
well
are
drilling
else¬
and
unusually successful during the first 10 months of this
Wright, President, announced on Nov. 15.
Oil well com¬
H.
the
of
1947
program
and
continued
a
active
for the remainder of
program
increased
the year will be reflected in the
Davenport-State wildcat in Starr
The
reserves.
company's
completion of
County, Texas, and
lease, on a 140C-acre
a
new
well, Sunray's Slick Estate
wholly-owned block offsetting the Davenportproperty, promises increase of reserve potential in the pool.
To serve its catalytic
cracking refinery at Duncan, Okla., the corpo¬
ration now completing more than 25 miles
of crude oil
gathering lines
extending into Stephens and Garvin Counties, Okla.
Sunray is now
running approximately 34,500 barrels of crude daily to stills at its
three
refineries.
This
is
approximately equivalent
to
its
net
crude
oil
State
production.
At
the
current
processed
of
rate
of
Sunray refinery runs to stills, the total
more than
double that processed in 1947,
statement by F. L. Martin, Executive Vice-President and
company's division.—V. 168, p. 2014.
at
year's end will
a
the
Superior Oil Co. of California—Borrows from Banks—
The
will
at
mature
—V.
Authority to Pay
Securities
dividends
17
168,
the
filing
of
an
application
and
on
Exchange Commission for authority to declare
the $6 and $7 prior preference stocks on which
payments have been made since 1933.—V.
168,
p.
1259.
2%
a
Oct.
borrowed
interest
1,
1956,
from
rate.
will be
*
^Alter
proceeds
banks
of
general
the
the
of
sum
loan,
corporate
which
purposes.
(& Subs.)—Earnings—
July 31—
per
common
deducting
1947
$1,342,477
$1.69
and
taxes—
—
t$2.75
share
$173,000
for
the
company's
share
on
the
number
shares
(Based
company.
1948
$824,126
.
profit after charges
Earnings
of
group
for
1260.
p.
Years Ended
*Net
a
The
used
Susquehanna Mills, Inc.
of
of
losses
of
presently
an
out¬
standing.
Sales
authorized
has
company
$6,000,000
$0.95
Nov.
on
'
no
and'
in
future
mand
and
weeks
period.
in
cents.
reserve
quarter
directors
the
President
two
quarter, as compared with the first
CONSOLIDATED BALANCE SHEET,
1947
$9,768,802
—
*
with
those
became
case
ASSETS—Cash
Preference Dividends—
The
over
under
the
during
1948, reflected both lower shipments
which
of
8.2%
up
11.7%
were
for
effective in the third quarter, he said.
194.7, the third-quarter earnings in 1948 declined
as
compared
to
earnings in
the first
two
quarters
of
the
year.
Earnings for first/second and third quarters in 1948 were 70
cent's,
75 cents and 57
cents, while in 1947 they were 57
cents, 48 cents
As
according to
1948
Standard Gas & Electric Co.—Seeks
1948—9 MoS.—1947
$
'
$
16,538,567 166,993,355
be
choice of settlement
it
discounts
be
Proceeds
of 1948 sales amounted to $3,608,000, in the
second quarter ended Juno 30,
$3,183,783, and in the third quarter
ended Sept. 30, $2,977,019.
In the corresponding periods of the pre¬
ceding year the-sales figures were $2,493,942, $2,909,264 and $2,160,920.
The backlog of orders at the present time is slightly in excess of
$9,000,000, Roy W. Clansky, President, stated.—V. 168, p. 1150.
Southwestern Bell Telephone Co.—Earnings—
"Period End. Sept. 30—
would
no
will
affiliated
*
proposal, unsecured
less
Forcings Corp.—Earnings—
profit after charges and taxes™™-™-™™
Common shares (par $1) outstanding.***.—
In
'
new
or
known
the
company's
present
of
notification
preferred
(par
Net
Jan. 1 to Nov. 7
1948
year,
by this corporation of physical assets, patents and trade¬
Research Corp., Anderson, Ind., pioducers of the
Gas
Heater, a convection type space heater which burns.
Kirkuk
has
laboratory
its
new
Nine Months Ended Sept. 30—
Earnings—
1948
'Gross
the
it
18
laboratory are engineers
Technology.—V. 168, p. 1735.
of
company
Earnings
Gross
Week End. Nov. 7
,
Sales,
holdings.—
Laboratory
planning,
range
announced
—.
;
pro¬
one
payments.'
informed by various creditors and counsel
will accept the modified arrange¬
CONSOLIDATED
year,
Research
chemical,
products
the
long
Division
physical,
to
12,300
:. Standard
of
payment was-made on Sept. 20, prior to
paid each quarter.—V. 168, p. 1945.'
for
monthly
Knowlson, President and Chairman,
Progress
offered at $15 per share and the
>
$1.25
it
Act,
creditors
12
Heating.
head
head
Quarterly Dividend—
a
Bankruptcy
in
creditors
Nine Months Ended
Sept. 30—
Haifa.
30-inch
All
in
program
program
of new
Institute
20,000
1,353,084
similar
was
of
Manufacturing
Consultants
will
Southern Pacific Co.—$1.25
Tie
J73.580.
„■
Federal
debts
Production,
pipe lines with
extending from the
Standard Factors Corp., New York—Files With
SEQ—
$2,020,204
1590.
the
with
12-inch
program, adopted prior to the recent
the availability of materials;
provides
on
Haifa.
pipe
Eastern.
development
2,018,205
$4,666,627
these
the
$100
make
S.
of
business
p.
dependent
the
Clifford
for
$521,034
of
that
the
general unsecured
meet
arrangement If
basis of 30 cents
Warner at
the
elimination
claimed
presently has two
capacity of 84,000 barrels a day,
present
The
Net after
by
arrangement
an
where has been
1948—9 Mos.—1947
3,611,307
to
said.
and
,
consisted
This
was
Co.
expansion
168, p. 2014.
*
$1,297,330
Co.—Earnings—
168,959
of
for
stated.
the Stewart-Warner
loan..
stockholders.
Kirkuk
$3,422,385 $36,566,324 $29,514,430
3,101,982
28,288,390
25,476,021
"
affirmed
and
the
the
proposed
this amended
out
carry
creditors
for
with
"certain
manufactured, natural or bottled gas. More than 5,000 units have been'
produced and installed during the last two
heating seasons, Mr. Knowl¬
in
the
of
16-inch
setts
Operating
revenues—
$4,154,665
Operating expenses3,252,078
Operating taxes ——.>•» 381,553
to
Counsel
negotiating
with
Stewart-Warner Corp.—Acquisition—
interest
further
to
for
company in
proportion to their
also grants to each stockholder the
combined
company
and the
■
$3,427,262 $36,632,940 $29,559,500
4,877
66,616
45,070
8,398
rev._
Jr.,
been
and
the
or
Raichle,
has
petitioned
11
to
terms
James
recent
development—settlement
the
and
long-term
oil
Standard-Thomson
1948—Month—1947
in
the purchase
Settled—
*
Southern New England Telephone
unsecured
company.
necessary
by
first
to
creditors
who
the
Prov.
1945.
Period End. Sept. 30—
the
Co.
funds
accepted
Chapter
was
the petition
Under
'V >'
1..
known
increasing production substantially.
A 16-inch
capacity of approximately 100,000 barrels a day, is
412,296
$1,387,569
the
is
petitioner has been
various
ment,"
of
for
$1,709,626
412,296
its
of
which has been
or
of
Prank G.
by
payments
it
property
which it is
1404.
p.
that
announced
permit
stockholders
Iraq
The
14,179
34.358
"Your
for
the
to
portion
a
com-
derivative
has
J.)
other
Kirkuk
1,773
$141,013
J__
p.
important
own,
the
Settlement
148
preferred stock
168,
its
flavor
actions
Investments.
(N.
The
252,450
Cr3,901
______—
Balance
•
and
new
of
Interest
settlement,: satisfactory
Jrom
cost
•r-V,
$3.75
holders
to
prevented Standard
fvonv acquiring a stock interest in Arabian American.
stockholders in the Iraq Petroleum Co. will continue to
receive
such
$1,978,028
180
which
(owned
and
the .other
>
v"i
and
another
Divs.
a
acquire early
East
stockholders
Co.
All
783,148
*
)'
defer
to
after
sales
(New Jersey)—Two
legal
will
Middle
restrictive
011
1,036,155
$2,054,975
21,038
23,538
discount
it
between
income
the
on
20
'
produced
Stock
Petroleum
of
settlement
! 1,038,931'
deductions
Net
Dec.
whether
the
4,091,762
taxes— j
expense
Other
is
the
is
Nov*-l7
on
two
liberalization
$8,730,581
339,328
claims
company,
five-year notes,
stock
Corporation
company
posed
Saf-Aire
share
per
Ottoman
10
a
Amort,
cents
payable
glutamic acid
It
Co.
stock—will
Corp.
The
7,200
139,259
sition, adjustments
t Gross income
Int. on long-term
same
Fnglish
1948—12 MOS.—1947
61,358
General taxes ——;)
income
the
Empire.
Last year legal actions were instituted in the
courts to resolve doubts which arose after World War II as
the 1928 contract, known as the "Red Line"
agreement
.was still binding on the participants or had been
dissolved.
the
2014.
319.165
the
under
This
year.
is
On July 31, 1928
the five stockholders signed an agreement to work
logcthe.* in exploring the oil resources within most of the area of the
1948,
$9,577,759
depreciationof plant acqui-
Federal
last
8,
which
Iraq Petroleum Co. are the Near East Develop¬
jointly by Standard Oil Co. (N. J.) and SoccnyVacuum Oil
Co.); the Anglo-Saxon Petroleum Co., Ltd.;
Compagnie
Francaisc des Pctrolcs;
D'Arcy
Exploration Co., Ltd.; and
Partici¬
ment
$723,301
for
Amort.
93
American, the purchase payment will
$687,812
Operating expenses—
Prov.
1948,
Pending settlement of the IPC suits, an agreement was reached with
American
in
March,
1947,
whereby Standard Oil HN, J.)
guaranteed
$76,500,000
of
bank
borrowings
by
Arabian
American.
With acquisition by Standard Oil Co.
(N.
J.)
of stock
in
Arabian
Southern Indiana Gas & Electric Co.
—Earnings—
revenue
When
*
•
the
the
"
creditors
Arabian
10
Inc.—
the
countries
10
Durst,
1945.
company
duction
10
Period End. Sept. 30—
.
of
production."—V.
30%
of
v
10
Co.—
raise
it
Court.
•
Co.,
of
10
&
to
if
arrangement,
marks
flavor
no
in Arabian American Oil Co.
It was anticipated, it was
25
3.600
of
by this
cash,
in
Engine
Finance
underwriters"
40-
wheat.
or,
Oil
Petroleum
25%
3,600
___
totaled
3,050,000
kwh.,
as
compared
with
corresponding week last year, an increase of
Gross
Dec.
on
year
./.-■/
glutamate.
glutamate
pations
*
of
I
It
ago.
has
salt of
'
of Com.
3,600
of
the
declared,
intensifying
the
Acquire
The
centage
™
_
1
output
is
Sterling
amended
dividend
extra
10
in
15%
preferred
submitted
said
year-end
Southern Colorado Power Co.—Weekly Output—
Electric
weeks
soybeans
American
9,000
.
;
paid
was
for
dividend
was*also-
or
Oil Co.—
as
are
v.",:
.
.*
year-end
a
'
in
To
the-
California™.**™™.,™™™,™-...™*.™
Staats
Wagenseller
share
per
which
Standard
•'*v •.//•''/'■/•.//,
;
petition,
dollar
and
the
Reconstruction
on
declared
in
amounted
announcement added: "Production of glutamate in the United
will be increased by about 1,500,000
pounds a year when the
Staley plant is operated at capacity, and the United States will
new
percentage of
to the exercise
Co9,000
Co.™
Pacific Co. of
31,
common
settlement
Nov.
regular
.{-„,>«#•'
two
protein
corn,
lead
the
pursuant
Co.
&
stock
Aug.
the
on
in cash
company,
vears
of
sale
year ending
preferred
and
The
The
30,
Pfd.
Smith.
further
fiscal
current
the
States
total
Shares
&
designed
for
proposed .on
cents
2—25%
quarterly dividend of 40 cents per
stock, .both payable Dec. 6 to holders of record
quarterly
monosodium
serves,
its
ended
for
purchased
-
Hail
Any
is
fiscal
four
10-
settlement
several
subscribed
be
to
:1
the
preferred
new
not
follows:-
Harris,
$2
stock
Dec.
Glutamate
31.1'fy was derived from the sale
7.1%, Irom the sale of electric
approximately 1.8%, from the sale of ice.
or
common
warrants
for
and
1952.
the
approximately
UNDERWRITERS—The
number
additional
communities
manufactures
$2,383,755
or
$42,040,
and
the
year-end extra
of
enhancing
Water
approximately
or
9
the
added.
Cali¬
irrigation purposes.
Company is engaged
public utility in the distribution of electric
it
of
revenues
$169,366,
increase in capitalization
for
a
Barstow
$2,172,349,
water,
energy
as
smaller
the
this
public utility engaged principally in
supplying water for domestic, com¬
Company
also furnishes fire hydrant
the
1—30
$16.75
authorized
$21,500,000 and
the
through
plan
was
3—100%
increasing
on
expansion
of
1947.
usual
plant
Co.
of
water
11
the
Nov.
common
opened
,,pany
of
American
1336,
at
Glutamate;-whioh enhances the taste of almost any kind of food, is
being,manufactured here in a new $2,500,000 plalit which
of
use.
few
a
some
community
energy.
(if
Dec.
offered
revised
receivership since February. In a petition submitted to Federal Court
at
Buffalo, N. Y.,
the company proposed that creditors have the
choice of settling claims on the basis of:
^
New Plant in Operation—
con¬
$2,150,000,-
incorporated
of
be
*
Jan.
1951
end
and
similar
total
paid in
The
properties.
was
A
a
record
company is an operating
business
of
producing and
service
of
other
the
on
share
preference
total, approximately $270,000
the city of Los Angeles, and
BUSINESS—Company
1929, under the name
The
the
in
this
the
Staley Mfg. Co.—Extra Dividend—
the
26.
makes
retired
capital
a
estimated
an
subdividers
Of
with
son
planned
costing
properties
California.
of
1949
$210,000.
on
$1,880,000,
or
Dec.
Service
year
advances
amount
expended
fornia
the
has
for
exhaust
directors
on
Nov.
after
following the completion of the present financing.
'
not
per
share
1949,,
annum
burrowed an aggregate of $800,000
under this loan agreement; for which it has issued and there are now
outstanding
revolving credit notes in that principal amount.
No.
additional borrowings under this loan •agreement will be made by the
company.
will
balance of
(lie
pjrgsent authorized.—V. 168, p. 1259.
at
cents
31,
has
company
vote
needs
and
now,
(A. E.)
one
any
up
before
or
on
statement
claims
to and
be /evidenced
company
thereunder
to-mature
thereafter to maturity,
annum
maturity).
the
to
pqs&ible
will
stock
company entered into a loan agreement dated March 5, 1948,'
California Bank, Los Angeles, Calif., ana Harris Trust & Savings
Bank, Chicago, for a line of credit not exceeding $1,000,000 at,
will
ci\du'g,'AUg. 31, 1949, 1950,
1978.
The
,
with
stock
The
2146,'2316.
stated that the proposed
to *.coY£a;
FINANCING—Company has entered into agreements' dated
Nov. 5,
1948, Willi Aetna Lite1 Insurance Co. and Provident Mutual
Lite Insurance Co. of Philadelphia for the sale' to those two institu¬
of
capital.
pp.
stockholders
was
^
OTHER
tions
registration
a
preferred stock, par $100, from $11,5017,000 to
authorized common stock, par $1, from 1,500,000 shares to
2,500,000
shares*,. Stockholders of record Nov. 22, 1948, wi.l be entitled to vote.
The company now has outstanding $9,500,000 of
preferred stock and
approximately 1,237,000 shares of common stock.
83,699.8 shs.
amount,
indenture
Harris Trust
working
share.—V. ' 166,
The
36,000 shs,
,*•.
principal
(Maturing
law.
by
and
filed
12
Southwestern^ Public Service Co.—To Increase Stock—
32,000 shs.
i'_^—300,000 shs:
limited
be
may
California
increase
32,000 shs.
30,000 shs.
$25/
Nov.
on
53
Sterling Engine Co., Buffalo, N. Y.—Revised Plan—
A
None
32,000 shs.
——
M_
(par
per
100,000 shs.
specified
limit -as to
aggregate
the restrictive provisions- of
the
to
1950,
series:
in
——J,
shares
fpbje'ct
31,
issuable
convertible
♦Without
to
$1,000,000 ?
.cprapany
(2163)
creditors
33,880 shares
(no pari
common
stock.
Underwriters
Schneider, Bernet & Hickman; G. H. Walker & Co.; Dcwar, Robert¬
&
Pancoast; Underwood, Neuhaus & Co.
Proceeds will be used
son
$5,100,000
——1,000,000
" '
Texas—Regis¬
covering
are
*
$1,000,000.
series™,
(Jonnnon
SEC
Outstanding
"
*
noccs.i-
series
4%
:
19(/7
1978—-—..
(oar-$25),
4%%
•
bonds——*.
due
series,
3% - acrier,
CHRONICLE
ters With
facilities.
'
CAPITALIZATION,
FINANCIAL
Southwestern'Investment Co., Amarillo,
SEC—
■
.
of
COMMERCIAL'&
for
for
the
quarter ending Oct. 31, 1948, exceed $5,000,000.
"De¬
products continues to be strong," said Godfrey H.
Conze,
letter accompanying the annual report to stockholders.
our
President, in
"We
estimate
share
that
for the
consolidated
loss of
operating
of
share
per
a
net
affiliated
an
quarter."—V.
168,
p.
earnings,
company,
after
will
providing
exceed
80
for
cents
1841.
•
Operating revenues
19,650.169
Operating expenses
15,487,826
Operating taxas-^—„: '2,155.453
—
—
Net
Net
—V.
operating income
after charges.
168, p.
16,477.299 166,394,415
13,846,506 136,155,390
1,599,300
17,313,091
136,677 641
15,575,707
2,006,890,
1,031,293
12,925,934
11,642 984
1,545,868
851,033
9,35.9,5G0
9 480A84
1625.
1
Sutherland Paper Co.—Extra
Stanolind Pipe Line Co.—Negotiates Bank Loans—
109 458 950
The
company
has
arranged
to
borrow
$15,000,000
from
The
Guar¬
anty Trust Co. of New York on or before Dec. 31, 1948, with $10,000,000 to be repaid in 1949 and $5,000,000 in 1950.
The loan will carry
an
by
interest
the
rate
Standard
of
Oil
214%
Co.
per
annum.
(Indiana),
the
Payment
will
parent.—V.
be .guaranteed
166,
p.
60.
The
share
directors
and
outstanding
to
holders
last.
on
15
declared
an
Dividend of 25 Cents—
extra, dividend of 25 cents
regular quarterly dividend of 50
344,000 shares of common stock,
of
record
Payments for
same* as
Nov.
the
rfor
Nov.
the
1947.—V.
26.
year
168,
Like
1948
p.
amounts
will
2053.
amount
c^jits per share
both
were
payable
paid
on
on
Dec.
per-
the
15
Sept. 15,
to $2.50 per share
the
56
Twin Coach
&
Co., Trenton, N. J.—New Interests—
Swern
COMMERCIAL & FINANCIAL
THE
(2164)
above.—V. 165, p. 3175.
See Lit Brothers
Net
5 filed a letter of notification with
stock (par $.l),'to be offered at
share.
Underwriter, Griffin & Vaden, Inc., Raleigh, N. C,
will be used for purchase of additional machinery, to defray
Cf sales promotion and for working capital.—V. 167, P. 1512.
The company
Nov.
on
I
'
.
'
the SEC
$1.75 per
Proceeds
the costs
4
r
directors have declared
dividend of 30 cents per share om the common
stock, both payable Dec. 16 to holders of record Dec* 1, A further
extra dividend of 25 cents has also been declared, payable Jan. 11,
and the usual quarterly
1949, to stockholders of record Dec. 1,
Jan.
on
194a.—V. 167, p. 1150.
9;
Texas Gulf
•'Pursuant
call
its
to
dated
tenders
for
1
,V
*
'
Oct.
the
15,
Unexcelled
Corp.- -Files With SEC—Rights
Chemical
to Stockholders—
salfes.
Selling
Month
1948—
————
sales
of
—
$2,876,327
Gross
General
COMPARATIVE INCOME ACCOUNT
Net
profit
$380,411
$70,043
1
sales—_____—...—
on
—-U_—_—
expense
,
and administrative
operating
Other
$14,705,182 $13,800,220- $11 ,173,711
9.020,801
8,401,495
6,763,282
Profit before dcprec., etc
—
140,023
195,135
164,265
Depreciation
437,891
496,490
407,131
Amortization
•
100,000
100,000
100,000
3Resei*ve ior contingencies
2,277,000
2,126,000
.1,842,000
Federal and foveign income taxes..
37,775
income
21,072
profit
and
Provision
outstanding—
Capital 'shares
Earnings
^
$6,065,887
$5,483,870
3,840,000
3,840,000
for
Research
3,840,000
■
42,007
$13,776
2,960
3,950
•$431,769
1,708
Cr2,155
$1.58
moving
expense..
...
contingencies..—....
and
_______
9,929
_____
development
expense,:
:
;
-i—
————.,
66,592
„
T
„
income
on
provision for Federal taxes
minority interest
and
$7,289
>$567,539
„
NOTE—No
provision has been made for Federal taxes on 1948 income
nor
has any effect been given to refund of taxes under carry-back
provisions of the Internal Revenue Code, since such taxes or refunds
will be influenced by conditions obtaining during the remaining months
1948.
of.
Sept. 25,-48 Sept. 27,'47
Earnings applicable to minority interests.provision for contingencies.^—
———.
$6,130,000
151,000
1,000,000
$5,048,000
$4,979,000
taxes——
shares' outstanding, end of period
^Earnings
shave.————i—
common
per
0After allowing for preferred
Consolidated
$4,048,000
1,132,631
$4.14
1,097,207
first
$3.51
9 Months Ended Sepu
sales
Net
—
Total
Cost
of
20—
income
—
128,260
15,665
33,397
$72,593,864 $69,492,599 $42,998,906
59,886,100
57,795,177
40,507,169
———--
__
Company
26, 1948,
affiliated
1948
1947.
1946
$72,560,467 $69,476,934 $42,870,646
1——
,
-
products sold
development,
expenses-
Interest
expense
•
6,340,118
87,971
—-—--
—
5,093,142
5,487,932
137,278
stock
861.
.
LIABILITIES—Notes
$184,221;
Federal
.
.
hand,
on
.
$329,436;
' *
;
retirement
premium
Canadian exchange
income
*
Miscellaneous
Reserve
356.765
66,741
doubtful
for
for
106,697
231,355
85.874
Cr89,157
——
other deductions...._
108,162
41,800
accounts.....
Fed. and Canadian inc. taxes
Reserve
Net
Income
Net
*
-
.
to banks, $220,000; accounts payable,
income, $347,380; other accrued taxes,
payable
taxes
on
2,234,824
(neti
general contingencies..
2,386,080 Cr2,348,890
Crl,151,000
—_
$3,621,345
$3,327,103
835,283 ; :, 726.101
Net profit.______—...—2__„—.
Provision: for depreciation—,—i:
Common
dividends
Union Gas Co. of Canada, Ltd.—Partial
dividends
295,924
327,823
have
$6.93
Higher—
SHEET,
SEPT.
revenue plane miles, 13%
in September.—V. 168,
\ 5,194,420
\l%
\
less than
has
dividend
of
share
each
under October of last year and
p.
payable, trade, payrolls, and miscellaneous,
$3,762,600; est. accruals for rebates, taxes, rent, and sundry items)
$3,570,979; Federal and Canadian taxes on income, $3,462,155; promis¬
sory notes payable to banks maturing in five equal annual instalments
beginning Feb. 1, 1950 $5,000,000; 4% cumulative preferred capital
stock, (par value $100 per share). $9,650,300: common stock, without
par
value
(issued
and
outstanding
437,297
shares),
$10,109,470;
capital surplus. $330,952; earned surplus, $17,110,176; total, $52,996,632
p.
.1.
552.
50
declared
been
stock
common
shares
of common
of
on
the
11
American
has
received
notice
that
Bankers
New York, N. Y.t transfer agent for the common stock of
Light & Rys. Co., will honor requests received by it at or
before the close of business on Nov. 24, 1948; from banks, brokers and
Trust
Co.,
certificates for said stock registered in their
18, 1948, as to the denomina¬
stock of American Light St Traction
Co.
and cash in lieu of fractional shares thereof which they will
require for payment of the above dividend to their customers based
companies holding
trust
at
names
the close
of
business on. Nov.
tions of certificates for the common
their individual holdings of the
aboye^stock.—V. 168, P. 1406.
United New Jersey RR< & Canal
.
1946
1945
$11,177,441
$9,144,682
2,421,380
$1,194,357
$4,168,578
2,421,380
per share..—
$4.62
provision for depreciation,
charges.—V. 168, p. 1188.
♦After
Transcontinental
&
Western
nancing—
2,421.380
$3.78
estimated
2,421,380
$0.49
taxes
$1.72
•
and
all
other
Air, Inc.—Discusses Fi¬
1,753,656
$2,887,657
$233,506
$1,316,534
$1,465,368
$0.24
share
$0.20
$2.51
$2.44
*
,
common
made
stock to its stockholders on a
at
a
168, p. 1842.
subsequent
meeting
of
pro-rata basis.
the
1,422,289
of
stock
1736.
Bank
National
stock,
no
'
been
has
value,
par
and
proportionate share of any cash which may be available'
hands of the trustee of New York State Railways Co. in excess
expenses and other allowances including any amount
a
securities.
The
capital, reserves for replacements, etc.
Nov 15;
fixed as the date for delivery of cash and the
Chase
National
Bank
the
of
Veeder-Root Inc. (&
of
Subs.)—Earnings—
Jan. 1 to
Operating profit
Provisions
Federal
City
New
York
Street, New York, N. Y., Is distributing agent.
for
Jan. 1 to
Aug.15,'48 Aug. 10,'47 Aug. 11/46
$1,344,905
$2,324,688. $1,170,322
160,000
130,000
150,000
438,642
834,249
380*177
...
contingencies
•
Jan. 1 to
...
income taxes...
Net
I—
profit
Dividends
paid
Balance,
$746,263
payable.
surplus
CONSOLIDATED
S.
Govt,
obligations
;
Total
in
.
4
!
(neti
assets
Invests,
board,
Mr.
200,000
$738,539
$440,145
...._
„
SHEET
3,482,151
484,806
2,783,239
448,344
17,695
17,695
208,203
$9,358,418
$9,294,926
$6,613,140
$43,392
i..;
$194,529
$119,485
foreign subsid. cos., cost
..
$640,145
Aug. 15/48 Aug. 10/47 Aug. 11/46
$1,903,852
$1,159,474
$955,447
803,120
809,631
1,001,494
672,159
1,217,267
700,233
1,993,835
2,859,276
1,780,182
Notes and accounts receivable
Fixed assets
621,900
BALANCE
ASSETS—
Cash
U.
$1,360,439
414,600
$331,663
and
—
1,664,807
302,774
LIABILITIES—
Current
accounts
payable..^...
Dividend payable
Reserve for contingencies
Accruals and
res.
L__„
(misc.i.
130,000
150,955
506,789
5,182)500
328,252
43,130
2,591,250
2,500,000
3,821)571
Accrued taxes
832,411
4,832,647
2,920,939
$9,353,418
$9,294,926
$6,613,140
....
•Capital stock
Capital surplus
Earned
207,300
1~60,000
...
surplus
—
701,334
Represented
Co.—Bds. Authorized
in
1948 by 414,600
no
par
shares.—V. 168, p. 389.
Vertientes-Camaguey Sugar Co.
of
Cuba—Earnings
Fiscal Year Ended Sept. 30—
Profifc
tEarnlngs
—
—
per
1948
1947
—$$4,090,012
————
share.
^
$5,082,486"
$4(25
$5>2s
•After
deducting all expenses, provision for depreciation, and profits:
on 962,614 shares
vof capital stock outstanding. Included!
in this years profit before taxes is
$99,341, which represents, net ad¬
justments of prior years' operations.
In 1947, such net
adjustments
taxes.
tBased
amounted
to
J
$882,086.
NOTE—The
of
to
1,714,536
company's properties produced in 1948
bags (330 English lbs, each) of raw
equivalent
sugar,
equivalent
approximately .283,000 short tons, representing'an- increase
over
this
eut*
the
of
18%'
the^ previous year's production of 1,450,564
production is
bags.
Included ht
lbs., (approximately 53 009
1,060,619
bags of 100
tonsVof
refined
sugar.
Centrals Vertientes
and
Estrella
recorded
the highest
production in their histories.
The yield of sugar per
ton of cane ground was 12.90%
as compared
with 12.89%
the pre¬
ceding year, • ■
s
...
v
,.»^lilip Rosenberg, President in his report to the
stockholders/stated*
PaAuthorlty
than^nyi947
Oct
on
28
granted to the Pennsylvania RR to assume obligation
lessee and guarantor, in respect of the above-described
sell them at 98.7083 and interest: the proceeds to be
was
SU8ar prices this year were lower
and liability, as
and
bonds
used for its
to
corporate purposes.—V. 168, p.
1735,
.
Co. In The City of New
York—Passes Quarter Billion Mark in Insurance in
F0rCe_lncreases Capital Stock—Rights to Shareholders
United States Life Insurance
directors on Nov.
In
17
growth of the company, the stockholders approved an in*
crease
of its capital stock from $500,000 to $1,000,000.
The total
number
of
authorized shares were -simultaneously increased from
125 000
to 250,000.
The par value of the new capital stock will
remain at $4 per share, and stockholders-of record as of Nov; 1, 1948,
will be- given the. privilege of - subscribing for the new issue propor¬
tionately on the basis of the number of shares held at that time.
E. J. Moorhead, a Vice-President, has been elected Executive VicePresident.—V. 168, p. 1946.
with
the
United States Vanadium
Corp.—To Purchase Uranium
Ores from Independent Miners—
Grand
this
Colorado, Nov. 15-r—The Rifle, Colorado, plant, of
will offer to purchase uranium-bearing ores whicn
Junction,
corporation
Vick Chemical Co.
3 Months Ended
Sales
(&
Subs.)—^Earnings
Sept. 30—
1948
1947
1946
—$12,169,011 $11,413,649 $12,611,498
Profit after all charges
11,937,449
1,814,668
2,368,820
Federal, State and foreign tax prov.
1,458,430
1,237,595
,1,734,756
Number of common shares
1,417,050
1,419.950
1,419,950
Earned per share
$1.37
$1.28
$1,67
—V. 168, p. 1736.
—
announced that the company's total insur¬
had passed the quarter million mark and its paid
health premium income exceeded $1,000,000. Coincident
force
and
,
Warren Lee Pierson, Chairman, on Nov. 12,-announced that the
directors have authorized its officers to explore the
possibility of offer¬
be
1,172,486
$2,975,871
1,659,337
Although the financial results of the past year were among the best
in company s history, operations were
adversely affected bv the re¬
quirement, of a Cuban Government decree, that the company' maintain
the same high level of wages and salaries as
were paid
in fie nre-
accident
1947
Earnings
will
93,454
$233,506
authorized the company to issue not exceeding
$6 487,000 general mortgage 3% bonds, to be issued and delivered to
the
Pennsylvania RR. in payment for a like aggregate amount of
general-mortgage 3% bonds, due March 1, 1984, owned by that comICC
The
ance
1948
Capital shs. outstanding
report
105,386
$284,482
Period-
stock of United Light & Rys. Co. held, to
July 27, and Oct. 21, last.
The New York Curb Exchange
The
Pierson said.—V;
$4,641,313
Chase
Broad
stock at the rate of
Light & Traction Co. for
—Official Promoted—
,
Bearing Co. (& Subs.)—Earnings—
9 Mos. End. Sept. 30—
♦Net profit
A
$4,148,357
common
stock
common
/
ing shares of its
30,281
$326,960
1627.
payable on Dec. 16, 1948, to holders of record Nov. 18, 1948, with
cash
to be paid in lieu of fractional shares of American Light &
Traction Co. common stock at the rate of 41 cents for each l/50th of a
share of said stock. A similar stock distribution was made on April 19,
on
LIABILITIES—Accounts
168,
28,537
$389,868
The plan provided in part that the holders of Utica & Mohawk
Valley Ry. 40-year 4V2% first mortgage bonds due 1941 would receive
in exchange for each $1,060 principal
amount, the following securities
of Utica# Transit Corp.: $300 of income
notes, 15 shares of common
United Light & Railways Co.—Dividend in Stock—
A
510,904
ASSETS-^-Cash, $5,242)311; notes and acceptances and trade accounts
receivable
(after
reserves
of
$158,114 >,
$9,473,281;
inventories,
at
lower of cost or replacement market, less allowances for obsolescence,
$18,920,791;' miscellaneous investments and receivables, $533,697; prop¬
erty, plant, and equipment
(after reserves for. depreciation and
amortisation of $9,767,8451. $17,387,534; patents and licenses (at cost,
less amortization), $344,139;' prepaid insurance, royalties, and otherdeferred charges, $1,094,879; total, $52,996,632.
Timken Roller
2,603
Total
1948
30,
1
$4,119,820^ $4,611,032
$324,357
2,500
$284,482
168, p.
Other
corporation continued to chalk up large gains in air mail,
freight and express tonnage during October but revenue plane and
passenger miles were below 1947 levels, according to estimated figures
released today by Harold Crary, Vice-President of traffic and sales:'
In the month; United flew 931,000 mail ton miles, up 25%
from
October, 1947, and 11%
above September, 1948. Air freight totaled
1,894,920 ton miles, up 20%
from October of last year but 1%
beiow September. Air express, totaling 708,000 ton miles, was up 15%
from
October,
1947, and 11%
from September. Revenue passenger
miles totaled 115,887,400 in October,
11% below October, 1947, and
7%
below September.
During October, United's 147 Mainliners and Cargoliners covered
$1.05
$7.62.
BALANCE
CONSOLIDATED
1948—12 Mos.—1947
$387,368
called for redemption
been
United Air Lines, Inc.—October Tonnage
308,772
Earnings per common share
—V.
Subs,)—Earnings—
appointed transfer agent of
of this corporation which
was
recently organized to take over the Utica System of the New York
State Railways Co. under'a plan of reorganization dated April 28,
1947, as amended. The Utica lines were acquired on May 1, .1948. -
Redemption—
on Dec. 7, next, $250,000 of
bonds due 1950 at 101 and interest. Payment will
be made at The Canadian Bank of Commerce in Halifax,-Saint John,
Quebec,
Montreal,
Ottawa,
Toronto,
Chatham, Winnipeg, Regina,
Calgary and Vancouver, Canada.—V. 168, p. 2054.
251,959
546.621
a---——-—
$0.38
Utica Transit Corp.—New Securities
Ready—
first mortgage
4Vs%
$710,744
290,789
——_—-—-
473,211
1,187,990
(net)....
deductions
The
•
revenues..
income
common
—V.
1946
$3,662,153
$1,440,353 $17,990,891 $16,385,368
1,115,996
13,871,071
11,774,337
1,181,589
Balance-
United
Preferred
$1,568,957
revenues
oper.
be
plan
.
Mr,.
-Earnings
1947
$3,776,493
150,139
1,207,990
$0.10
1948—Mohth—1947
deductions—
Other income
.-"Jt "1
miscellaneous accrued liabilities, $47,470; reserve for contin¬
$86,600; reserve for vacation payrolls, $4,508; capital stock
(par value $5), $1,302,365; earned deficit, Dr$228,969; capital surplus,
$941,752; total, $2,916,861.—V. 167, p. 2366.
Y
>
''
one
22,130
—-
——
Employees
rev.
new
39,90.9
Exp. reissuance of additional capital
.
oper.
;
Nil
—
engineering,
and administrative
Celling,
and
Rifle,
tLoss.—V. 168, p. 890.
and taxes.
necessary for working
1948 was subsequently
banks and
in
This
(& Subs.)—Earnings—
,
-
—
Other income
■
Colorado
rail to
of reorganization
accounts receivable,
$400,711; U. S. Gov¬
securities, $2,000; claims receivable from U. S. Government,
$11,757; inventories, $1,107,592; investments, $49,170; land, buildings
and equipment (after reserves of $1,366,112), $859,776;
patents and
patent claims, less amortization, $2,178; insurance and other prepay¬
ments, $47,628; real estate not used in business, $106,612; total, $2,916,ASSETS—Cash
1548 amounted
sales, as
$75,954,600, excluding intercompany and interdivisional
compared with $89,567,000 for the first nine months of 1947.
The operations of Dorset Fabrics, Inc., and the LOnsdale
are reflected in the above figures through Feb. 28 and June
respectively, the dates on which these companies ceased to be
with Textron Incorporated.—V. 16&, p. 1841.
Thompson Products, Inc.
—
i--
Utah Power & Light Co. (&
Inventories
nine months of
1948
$2,169,926
t45,490
1,206,190
—
Period End. Sept. 30—
Total
.
.
to
by
(& Domestic Subs.)
outstanding
(after reserve for doubtful accounts of $67,563),
1,000,000
dividends.
the
for
sales
net
!
shares
ernment
There
Common
western
ship
to
gencies,
(& Subs.) —Earnings—
Textron Incorporated
Nine Months Ended—
•
economical
Sept. 30-—
•After charges
in the
CONSOLIDATED BALANCE SHEET AS OF SEPT. 30, 1948
$11,534;
profit after charges and
railroad in
the
near
it
Earnings per common share
35,100
•LOSS.
in
than
rates
lower
find
-
profit
Common
16,447
7,702
25
•——.
...
Net income before
$1.43
$1.11
July 1, 1948, depreciation tind amortization charges have
at
sales
the
preceding periods.
Had they re¬
mained the same, the company reports, earnings for the quarter ended
Sept. 30", 1948, would have been equal to $1.55 per share.
During the quarter ended Sept. 30, 1948, the company supplied
approximately 75%
of the sulphur required by Sulphur Export Cor¬
poration for its sales made abroad, resulting in higher earnings for
the company than would have been the case had it supplied the usual
50%,
Present indications are that the company will supply Sulphur
Export Corp. with more than half of its tonnage for the remainder
Of 1948.
.' ■
"
•
Current assets as of Sept. 30, 1948, including cash and U. S. Gov¬
ernment obligations of $43,402,276, amounted to $50,726,703.
This does
mot
include
inventories of sulphur above ground or materials and
supplies,
Current liabilities
including provision for current taxes
of
$10,954,019, amounted tc' $11,683,658.
Reserve for contingencies
amounted to $3,575,676.
Earned surplus on Sept. 30, 1948, was $43,402,930.—V. 168, p. 1735.
■ ■ % I.' ■
(.
made
situated
•$473,776
2,580
$4,249,886
share———-r—:
per
Beginning
Ijeen
$11,196
profit-—
expense
Miscellaneous
--
3 months End.
Not
408,772'
—————
plant
Interest
—
pTOfit---4------i--------
in the Colorado Plateau district,
plants
may
Earnings, per
Total
Idle
——.—~
1
Leahy said.
445,415
;
expense.—.
income
—
Net
Utah
Dividends
1946
1947
1948
and
sales
sulphur
this time the only ores processed< at the
company-owned mines.
contract,
new
Gross income
.
from
uranium
the
Uranium mines
eastern
2,495,916
'
rev.
other
9 Months
$341,623
271,580
Period Ended Sept. 30,
Net
determined."
misc.
Up to
9.
production at the. Rifle plant is
expected to be stepped up immediately and may perhaps be doubled,
Phillip C. Leahy, Grand Junction Area Manager of the AEC, added.
This plant, located on the
Denver & Rio Grande Western RR„ 63 "
miles
northeast
of
Grand
Junction, serves an area
remote from
of
result
a
Oper.
CONSOLIDATED STATEMENT OF INCOME
Cost
the
Three Months Ended Sept. 30—
Nov.
on
plant have been from
As
"Net
letter of notification with the Securi¬
covering 52,095 shares of additional
capital stock, which are being offered to stockholders of record Nov. 16/
1948 at par ($5 per share) in the ratio of one new share for each
five shares held. Rights will expire Dec. 16, 1948.
In lieu-of fractional
shares, scrip certificates will be issued.
The net proceeds are -to be
used as additional working capital.
aforesaid shares were purchased from Gulf Oil Corp.
"As stated in the call for tendqrs, the shares so purchased by the
company will be held in its treasury until their final disposition is
Gross
announced
Rifle
1299.
The company on Nov. 8 filed a
and Exchange Commission
purchased 500,000 shares of its capital stock at a price ol $55 a share,
the
total
purchase price thus aggregating $27,500,000," Walter H.
Aldridge, President stated on Nov. 15. He added: "The quoted market
price of such shares exceeded $55 a share throughout the period 'for submission of tenders and accordingly no stockholder of the company,
other than Gulf Oil Corp., effected a sale of shares under the terms
of the company's offer to purchase stock at such price and corisequently all
the
ties
has
company
P.
to
the
United Wallpaper, Inc.
(Inc.)—Stock Purchased—
Sulphur Co.
Taylor, Secretary and Treasurer, added:
30, 1948, is attributable
fact'that one of our coach plants and the service
division were shut down from Sept. 1 to Oct. 7, 1948, due to a strike.
"We
expect fourth quarter operations to be profitable."—V. 168,
p.
A similar extra was paid1
1948.
.
tax liability provided
"The loss for the three months ended Sept.
largely
extra dividend of 25 cents per share'
an
in the
profit earned earlier in the year.
tBased on 472,500 shares
of common stock outstanding after provision for dividends on preferred
stock,
$ After Federal income tax provision of $372,800.
''
'
$745,992
$1,51
of $37,000
reduction
a
to the Rifle process, from Independent, miners under
of a new three-year contract between the company. and
U/S.15 Atomic Energy Commission, the Commission's office here *
amenable
provisions
1948—9 Mos.—1947
$$593,573 $1,564,694
.
$1.05
$3.10
against
Edward
r
_
after
♦Net. loss
Corp.-—Declares Two Extra Dividends—
Tennessee
The
'A1"
,
*$71,200
Nil
profit-after taxes..:
per com. share
tEarns.
Taylor Food Co., Raleigh, N. C.—Files With SEC—
for 53,000 shares of common
* 1948—3 Mos.—1947
.
Monday, November 22, 1948
are
Co.—Earnings Fall Off—
End! Sept. 30—
Period
CHRONICLE
Virginia Electric & Power Co.—-Common Stock Offei
—Instalment Payments Feature
Financing—The compa
Nov. 16 offered to holders of its common
stock, rights
purchase an aggregate of 739,128; additional comir
shares (par $10) at $14.25 per share. .The
offering is 1
ing made on the basis of one new share for each fc
shares held of record Nov. 12 last with the
right to si
scribe expiring on Dec. 1,1948.
Stone & Webster Seci
ities Corp. heads an investment
banking group und
writing the offering,
'
Stockholders
stock
March
exercising their subscription rights may pay for
purchased in three equal instalments, payable Dec
1
I1
1, 1949, and June 1, 1949, -with interest onpartial
' '
-
Volume 168
be
to
allowed
scribers
•with
at
the
cash
adjustment
during
the
Webster
Planters
At
of
6 %.'
&
time
dividends
for
agents
Service
Bank
the
rate
instalment
The subscription
&'
annual
THE
In
the
alternative, sub¬
make immediate full payment at the time of subscription
may
a
allowed
Number 4753
of
Federal
49
Co.,
900
subscribing
received
'
St.,
East
St.,
Richmond,
Fed.
State-
and
Va.
Divs.
each
wade
subscriber
pursuant
order
3:30
the
to
must
be
m.
(EST)
p.
primary
delivered
Dec.
to
1,
FINANCIAL
CHRONICLE
subscription
of
one
right and
the
the
subscription
divs.
from
&
foreign
subs.
received
&
from
■>$251,968
sub.
$2,204,528
$972,344
19,256
8,959
$2,223,784
$981,303
868,000
E'st.
$1,355,784
$626,303
289,659
239,659
289,659
sub—
net proceeds will be used to
provide for
expenditures, either directly, or if deemed desirable at
indirectly by prepayment of part of the notes issued to
provide funds for construction purposes.
_——
refund—
tax
profit for
the
NOTE—Based
construc¬
companies,
time,
banks
taxes-—
for
period
to
period
ended
net
earnings of
Aug.
which
31,
$4.68
not
1948
for
000,000.
earnings
progress
the
the
in
the
of
the
contemplated
securities in
the
to
*
Power
a
Commission
this
station
end
of
the
proceeds
for
units
with
license
of
70,000 kw.
sometime
installed
not
are
in
1952.
the
construction,
kw.
220,000
additions
to
and
load demands
applied
11
sites
the Federal
capacity
expected
The
from
of
for.
The
customers
kw.
3Va%
conv.
Notes
1 a<
Note
%;
due
due
April
to
secure
One
Preferred
div.
stock
pfd
efficient
more
PRESENT
in
stock
in
1909.
at
11,452,400
Oper.
of
and
series)—
par):
Virginia,
portion
of
east
miles.
square
served
food
of
central
and
in
an
West
and
289,471 shs.
Gross
2,956,529 shs.
Interest
The
in
comprising
Virginia,
tobacco
related
North
in
of
the
all,
stone
and
and
a
ities
art
in
the
textiles
The
SEC
other
*
electric
For
the
revenues
12
months
ended
from
Of
Virginia,. 7%
the
in
Webster
&
Corp.-
North
A.
G.
&
Branch,
C.
Cabell
&
Drexel
First
Estabrook- &
The
First
Folger,
.
and
&
1.4
Kiddeb,
.8
GId'rfcrTWgan
W.
Ac
*
"
Co.—_—
income
.8
.
in
1947
&
&
Co
Scott,
&
Graham," PaT&'dns & Co.—1.4
HarrriTnan Ripley & Co.,
Union
Whiting,
—
par)
the basis
on
Underwriters
Co.
of
of
York
Lincoln,
and
loan
Exploration,
j
part
(&
Gen.
and
admin.
$4,820,051
147,559
$681,756
142,081
with
statement
—
for
$351,071
•
-
"Income
duces
72,545
15,965
8,388
8,600
25,396
38,238
31,721
110.847
87,138
239
6,517
income
(est.)
16,500
21,200
107,500
-V.
168, p.
$31,744
50,200
$159,640
$*3,704
1628.
Waterloo, Cedar Falls & Northern RR.—Split-Up—
The Interstate Commerce Commission has
split
its common
The
stock
on.
a
3-for-l
authorized the
basis.
the
presently
mon having no
par value, but
p. 1736.,
outstanding
a
stated
56,830
value
of
shares
$30
of
share.—V,
a
com¬
157,505
954,369
1,320,631
88,225
1,517,871
173,945
109,891
915,840.
826,963
$929,524
-
'1, i
'
Power
week
output
ended
of
$851,760
Nov.
10.21%
over
.■Week of
1947.—V.
the
13,
1948
output
168,
p.
properties
totaled
of
113,868,000
of
103,292,000
2054.
kwh.
•
this
140,214
$830,566 w
'
$711,546"
49.426
kwh.,
•
'
13,816
6,173
161,604
87,731
144,138
122,062
1,261
—
taxes_
549.855
—
invent, values
457,668
150,000
150,000
1,181,246
1,181,246
643,889
—
;
stock
643,889
2,278,128
(38,7993% shares
at
1,579,988
Drl34,916"
cost)—
Drl34,916
$56257166
—
for depreciation
167, p. 986.
reserve
of
products
for
sold
balance
of
and
of
$1,913,293 in
1948
$4,290,851
and
$1,816,909
FOR
YEARS
ENDED
—
of
reserve
for
restored
plants
JULY
31
1948
1947
$43,714,808 $34,721,921
38,107,681
31,347,356
to
administrative
postwar
re¬
income-
Cr50,000
expenses—
1,211,072
1,020,214
$4,396,055
Balance
Other
income
$2,404,350
740,677
I-:".' 926,487 ;;
•
$794,314
"'
1,111,130
:•
Net
524,958
479,365
402,581
$2,494,617
37,385"'106,753
test.1,500,000
$2,944,755
326,174
"45,640
90,267
$4,892,299
——_
Total
* 580,301 *
476,073 '
$4,161,584
496,244
—
Interest and miscellaneous other deductions— '
United States income taxes
income
taxes
:(est.)_—r
profit
_j:
dividends
Earnings
^Reconversion
* '
,'j"
in
costs
income
$1,440,105
204,329
408,658
i.J_ '
included
expenses
$7.41
for
745,000
4 202,759
324,959 !
.$3,02.9,955
paid—
share—
per
*
taxes
from
$795,371
accrued
are
taxable
on
income
income
for
such
to
to date.
a
$422,501
consolidated
net
an
loss
of
extent
greater
sions ior depreciation,
The de¬
basis.
subsidiary companies
no
NOTES—Operations of the
$1,940,431
$2,647,873.
return
'.
$3.52
the year ended
July 31,
taxes, exceeded $50,000.
'
accrual
$240,000
is
general mortgage 4,/2%
purposes.—V.
corporate
,' ;•
on
was
Provision for
tAmount available for contingent charges,
on
subsidiaries, except for provi¬
consolidated at par of exchange.
Net
this
basis amounted to $448,033, of which
paid as dividends to the parent company.
depreciation of property, plant, and equipment for the
year ended July 31, 1948 amounted to
$479,926, as against $425,117 in
the preceding year.
.
—
re¬
than
Canadian
have been
profit of the subsidiaries
In¬
168,
CONSOLIDATED BALANCE SHEET,
.
9 Months Ended
of
Sept. 30—
Selling,
1948
-
..
JULY 31,
1948
1946
1947
$843,637
158,593
$608,032
$541,119
4,319
23,329
$57,002
$612,350
28,600
exps.—
2,259,969
461
admin, and general
248,000
tion
$3,455,578
2,653,144
677,610
$56,541
——
$3,938,786
628,503
__________
sales
$2,952,491; Dominion of Canada bonds (at-cost and
interest), $202,297; trade .accounts receivable ■< after reserves of
$100,000), $4,113,217; refundable Federal income taxes and renegotia¬
accrued
rebates
(estimated), $174,204; inventories—at lower of cost (firstmethod) or market, $5,464,390; miscellaneous notes and
receivable, $28,385; postwar refund of Canadian excess profits
first-out
in,
accounts
654,491
taxes—estimated,
profit
from
operations
property,
•-
income
(net)
Net
Prov.
profit——;———
for
Penn.
and
Fed.
■
inc. taxes
Reserve for contingencies—
1
■
^
~-
p-V-i.
$28,402
/•
Earnings
share——_
per
$314,350
$1.11
V*. "» $2.04
;
•
$327,380
"After
"
$2.13
crued
(after
bad
debt
of
in bank),
30,
$39,508),
LIABILITIES—Accounts
payable (regular), $168,078; accounts pay¬
(miscellaneous); $6,456; accrued salaries and wages, $32,071; other
accrued expenses, $18,900; miscellaneous taxes, $15,406;.. Federal and
State income taxes, $180,111; common stock, $162,632; capital surplus,
$999,928; earned surplus, $1,468,297; less capital stock held in treasury
(8,840 shares), Dr$32,685; total', $3,019,194.—V. 168, p. 1189.
for the
increase of
corresponding
l/rn.
from
employees,
for
reserves
goodwill,
$9,049;
depreciation of
$1; "deferred
charges,
accounts
payable, $1,539,849; accrued salaries,
and amounts withheld*therefrom, $1,060,142; ac¬
than taxes on income, $351,079; miscellaneous
other
stock, without
treasury),
treasury
par value (issued 412,500 shares, including 3,842 shares
$5,587,500; earned surplus, $9,856,968; less capital stock
shares at cost), Dr$147,533; total, $20,191,297.
(3,842
NOTE—The
$288,724; notes receivable, $1,845;
Inventories, $973,243; cash value life insurance, $136,823; plant, prop¬
erty and equipment (after depreciation reserves of $540,547), $1,309,106; prepaid expenses and deferred charges, $25,950; total, $3,019,194.
reserve
and
$69,226; U. S. and Canadian taxes on income (esti¬
mated), $1,734,067; reserve for compensation insurance, $50,000; capital!
1948
$283,504; accounts receivable
receivable
(after
patents
expenses,
in
SHEET, SEPT.
(on hand and
accounts
equipment
$20,101,297.
bonuses
taxes,
in
discounts, returns and allowance.
ASSETS—Cash
total,
and
wages,
accrued
profit
and
$6,848,805:
LIABILITIES—Trade
$564,448
237,068
50,000
$21,135;
plant,
$3,799,063),
solidated
change
on
of
accounts
above
equipment
at
which
of
thq Canadian subsidiaries have been
exchange, except for property, plant,
of
par
have
prevailing
been
when
included
such
assets
on
were
the
basis
acquired.
of
the
rate
July
At
of
con¬
and
ex¬
1948,
a United States dollar
basis, the subsidiaries had net current assets
$1,274,265, and other assets, principally property, plant, and equip¬
ment.
of
£551.061.—V.
168.
a.
31,
590.
able
Period End. Sept. 30—
Operating
Oper.
&
expenses
taxes
$4,097,160
3.825,550
3,207,643
Youse Co., Inc., Reading, Pa.—Stock Offered—
offering oi 57,000 shares of common stock (par $2)
was
at
1948—12 Mos.—1947
1
$18,356,204 $16,186,035
14,590,412
12,350,407
made by
Suplee, Yeatman & Co., Inc., Philadelphia,
per share on Nov 18. Of the shares offered, 12,000
being sold on behalf of the company and 45,000 on
$7%
are
Co.—Earnings—
1948—3 Mos.—1947
$4,683,567
revenues
(E. S.)
An
behalf of stockholders.
Company
tive
parts
conducts
and
wholesale
a
accessories,
merchandising
supplying automobile
business
dealers,
in
automo¬
repair
shops,
gasoline service stations, fleet operators and garages in central-eastern
oper
Other
income
income
$858,017
$3,765,791
$3,835,627
17,728
(net)
$889,517
28,900
61,807
70,288
Pennsylvania.
After
giving
capitalization
an
the
income
97,893
income
$3,685,511 i*-$2,864,454fr;
82,768
$880,012
is? necessary
Gross
companv
for
Fed.
sales
"Credit
$3,290,941
$4,426,188
Willson Products, Inc.—Earnings—
Net
Co.—Weekly Output—
electric
the
$195,750
49,557
for
income——.
—
Selling
1
-
168.
K..
West Penn Electric
Federal
Federal
1947.—V.
Cost
$5,612,480
Wisconsin Power & Light
company
was
given permission to
issue
$1,704,900
of
new
stock consisting of 170,490 shares of
$10 par value each to be
for
74,594
$4,290,851
,
company to
common
exchanged
1,107,718
i__.
CONSOLIDATED EARNINGS
24,280,984
1946.
P.
.'■1
$24,700
a_
deductions
surplus
"After
$34,223,931 $29693,464
$7,814,268
BALANCE
"
profit
"24,816
953,650
$189,954
—
Total
Net
26,409,663
i.e., capital fund, interest requirements
come
bonds, sinking fund and other
25,800
Deprec. and depletion-
Net
45,668
25,749
advances
for
Treasury
1948—9 Mos.—1947
23,194
State
27,423
(L. A.) Young Spring & Wire Corp.- —Annual
Report—
2,753,490
—
taxable
shown
74,831
and
subsid.
the State of
92;500
than
.
$1,207,381
"
7,508
26,110
taxes
817,217'
1,562,593
$5,325,166
Earned surplus
five
each
121,279
1Net income
duction
i.
90,860
Fed.
365,600
—_
Res. for possible future decline in
Capital stock ($5 par value)—
Capital
.8
$599,414
3,042
365,000
or
____
1947, less applicable reduction in
5.0
Stubbs_
&
7,953
expenses-
$447,313
1,160,950
cost
Canadian
x
1947
$613,544
—
average
deposited with
payroll
Customers'
Subs.)—Earnings—
98,938
"Gross sales
23,314
Miscellaneous
(net)
of
Sundry accrued liabilities—
offered
3,125,139
income
Cost
8,653
interest
'('<<«,
1948
security taxes
salaries, wages, and commissions.,^
Accrued
the
$1,694,912
113,623
;
172,778
H
SHEET, JUNE 30
social
Taxes—other
and
C,
530,485
income
income
Corp.-— j. 5.0
28,282
Bond
lower
$580,464
197,453
"
Net
exps._
than
150,000
$895,593
_
Employees'
in
■
62,514
.
in¬
—
Total
(Inc.) and Theused to pay a
construction costs.—V.
of
$3,960,871
41,755
1.4
inc.
Taxes—other
in
457,668
LIABILITIES—
share
1948—Month—1947
charges
—5.0
16,398
expenses^.
receivable
____
Accounts payable
Dividend payable
151,456
7;
Fixed
research &
engineering
decline
4,668
,,
76,054
.
liquidation,
$829,315
$608,426
additional
finance
to
(net
Co._—1.4
"1948—9 Mos.—1947
$132,040
l
future
5,193
2,711
549,855
"Land, buildings,, machinery and' equipment,—
$287,323;
1948—3 Mos.—1947
5,164
____
surtax————
ASSETS—Cash,
Virginia Iron, Coal & Coke Co.—Earnings
$144,201
tax„_
and
Deferred charges
Harris, Hall & Co.
Neb.
Proceeds will be
42,886
Net
income
tax
wholly-owned
174,857
registration
one
in
$783,283
are
deductions
p; "2054.
Period End. Sept. 30—
9,318
1,932,282
2,012
—
a
Misc.
Other
Total
$1,269,825
demand
securities
Provision
filed
498,030
1,576
...
the
(at
1,940
mortgage 30-year bonds, series
common -stock.
The stock will be
Ry.
Co
Weeks
dividend
and
$827,303
———
10
tax .accruals—
&
White, Weld & Co.—'
_
5.0
,
($25
bank
&
Securities
642,790
expenses
9,155
accounts
and
New
Mason,
Stringfelfow—____
Scott
3,827,224
$1,5307952
...
process of
Cash
Cash
1.4
.
Smith, Barney
Spencer Trask
$5,585,923
—
3.313,571
,
789.
Total
2.3
:___
—
5.0
administrative
possible
$781,343
first
operating ^revenues
Other
.8
Horner .&
and
Canadian
5.0
—_
Co.']
5.0
.8
Nov.
on
Net ry. oper.
Co5.0
Coe_
—
&
for
3,778,290
—-
and
1947
1948
values
hand
on
Notes
$4,140,874
dividends—J—i-
for
$2,500,000
held.
rents
.8
01ds_:—I—Lir
available
operating income
Equip, and joint facility!
.
Mason-Hagan, Inc.
—_1.2 ':
Mitchum, Tully & Co
1.4
Paine, Webber, Jackson
/
Curtis
and
privilege
deductions
"ASSETS—J
and
/
from
$7,099,293
converting assets of Canadian subsid.
Investment
1948
——_
taxes
i-;
All other ry. tax accruals '
.8 7
Go..8
.8
Inc
"__
$1,303,928
$4,559,633
.
obligations
Payroll tax accruals——
1.4
&
Riter
on
conversion
per¬
Brothers
1.4
extensions
deposits——
United States Govt,
obligations—at cost
follows:
as
Langley & Co.—
2.3
Higginson Corp.—2.3
■
168,
-V
Mackall
5.0
'
Cash
-Weeks——— 2,3
Lemon
Goodwyri
Inc.
295,625
$1,331,401
—_
Net rev. from ry. opers.
Corp, of Norfolk
Gpldmari, Sachs & Co.__
_V.
.
the
Lehman
.,2.3
;
Corp
&
for
prov.
Ry. operating expenses.
derived
the
and
are
&
plant
finance
,
C.
Lee
.8
from
was
Virginia.
Peabody
"
&
431,712*
$949,157
Sept. 30—
$1,000,000
bank
retire
borrowed
4,942,238
BALANCE
175,465
preferred stock
on
shares
p.
Ry_
67%
1.4
Inc——
Co.,
$1,599,553
Period End. Sept. 30—
operating
6%
91%.
Stone
Co.__
Co.—
Nolan
Galleher
$1,763,113
Western Pacific RR. Co.
Hall & Co. (Inc.)— 1.4 ;>
Haydcn,
Co.—.. 2.3
&
$1,132,691
183,534
—
other
company
"Income
underwriters
Harris,
to
to
funds
.
total
of
loss
(Including Sacramento Northern Ry. and Tidewater Southern Ry. Co.)
with
purchased by each
Johnston,
Co., Inc.__
Boston
$1,247,324
•
the
$1,260,669
Inventories
(iucl.
Trust
168,
communities
:
replace
Bal. of net inc. transferred to earned
surplus
Dividends declared
Light & Telephone Co., Inc.—Earnings—
and
current
facil¬
,
West
5.0
Co'.——
Eastman,; Dillon
.
in
that
.8
Dickson &
S.
the
in
Investment
Davenport
R.
2%
HornblowGr
•&, Co., Inc._„
Burr/Inc
&
94%
revenues,
.8
_
Co
&
1,414,030
.income—
shares
territory
maintained
■
business,
—__
Sullivan
1,630,405
$1,071,859
stockholders
to
29,700
Company's
..
2.3
Inc.'
Cassell
F.
Coffin
'
be
8.3%
Co.
&
Blyth & Co., Inc.:.
Bosworth,
to
.-%•
Strudwlck.:
Becker
'
1948,
and
of
names
stock
Secur;.
30,
electric
operating
Carolina
__—
Anderson
Sept.
the
electric
centage of unsubscribed
Btone
located
is
1,000 inhabitants.
interconnections are
'
derived
was
estimated
than
and
' UNDERWRITERS—The
'
It "is
utilities;
business.
gas
1,008,500
deducts.—
covering
"47,206
small
(including
pulp, wood
and trunks
and
paper
clay products,
utility systems.
by the company
interconnected
1,163,940
—
approved
_____
Appropriated
51,170
$185;523
$539,674
part
a
approximately
ships,
chemicals,
other
six
population served
population of more
with
in
and
57,820
$132,708
Registers With SEC—
electric energy at retail in
1,063 communities
territory with an estimated aggregate population of
1,809,000.
Company sells, for resale, electric energy to 12 municipal
systems serving a total estimated population of
55,000, 13 electric
cooperatives
32,600
$124,191
income
income
Net
sells
company
37,920
revenues
Dividends
Virginia
greater
Carolina
manufactured
products,
products,
the
shipping,
income
and
surrounding
•
42,000
$83,384
__
has
$1,000,000
1954;
to
'
Wisconsin
739,128 shs.
incorporated
was
area
products
products, metals and machinery,
and bags.
and
42,000
———
289,491 shs.
northeastern
major
tobacco
are
rayon),
wholesale
The
31.500
operating income———--———
Nonoperating income—.——
2,000,000
______
due
$150,000
goods, sold
Federal normal, income
Wisconsin income tax
19,274
Not
maximum
section
a
31,500
__
16,315
25,054
500,000 shs
-
of
Sundry
income
exps.
6,000,000 shs.
par
—_
BUSINESS—Company
at
384,111
'
depreciation)——-!——'
Company is engaged in the business of generating and pur¬
electric energy ana transmitting, distributing and selling it
<reta.il
372,491
Nine Months Ended
amount
but
issuance
limited
by the
requirements of the mortgage. $100,000,000 authorized
by stockholders
(subject-to
increase).
"Excludes $2,000,000 held
in
treasury
and
$3,000,000 pledged for the $3,000,000 secured note.
chasing
288,464
21,182
166, p. 2466.
11,452,400
subscribed^
AND
285,349
Western
5,200,000
(cumul.), $100
bonds,
of
market)
t$59,000,000
2,000,000
mortgage
balance
sales
Net
Fed¬
income
Net
5,000,000
Common
HISTORY
774,900
income
Total
Operating
—_
the
Total______—__,
$1,456,978
773,302
3,000,000
($10
to
$1,403,375
Gross, income
Outstanding
5,200,000
must
first
1948—12 Mos.—1947
576,308
Nonoperating
operation.
3,000,000
Utilities
Balance
$1,069,378
taxes on income.
10,000,000
.
Public
of
Proceeds from the sale will be employed as follows:
and
Other
581,182
Operating
FINANCING
5,000 000
stock
as
Net
Cost
meet
to
Department
of $2,150,000 mortgage bonds for a term not
Competitive bidding will determine the interest
be approved
by the State Department of Public
Yates-American Machine Co.—Annual Report—
33,008
$81,468
1948—9 Mos.—1947
depreciation
10,000,000
1,- 1963—-
Common
"Unlimited
62,387
$122,772
1299.
income-
share
$48,460
Rys. Co.—Earnings-
than
official
upon
additional
1856.
p.
years.
off
ventory
steam
facilities
gas
for
Fed.
and
____
(issuable
stock,
$60,385
$1,040,517
on
$8,
one
157,
company
20
which
pay
notes;
location
the
value
par
the basis of
held.—V.
company's replacement reserve
improvements.—V. 166, p. 2605.
expenses
taxes
Prov.
Engi¬
of
stock,
on
the
1946
revenues
other
eral
Federal
a
Army
1950—~_J_
2%, due
1%%,' due 1949
2%,, due 1949__i
Notes
Taxes,
units
-V.
TO
1978
1949-1956
(secured)
Note
$5
debs,
1,
Penn
Operating
Operating
of
the hydro units
completed and in operation until
$44,000,000 is the estimated cost
of
and
by
*lst &; ref. mtge. bonds (issuable in
series):*
Series E 2% /c
due March 1, 1975— $64,000,000
3%, due March
168, p.
Period End. Sept. 30
units planned
under
Authorized
F
to
Selling,
West
the
is
steam
proposed
Government.
60,000
be
to
balance
new
recommended
CAPITALIZATION, GIVING EFFECT
Series
Issuance
$36,000,000
of
of hydro
replacements of electric and
of
the
the Roanoke River
on
recently
of
one
development by
an
rate,
as
72,977
——
Maintenance
future
1951
station
new
is
are
$206,531
"Loss.—V.
be
installed in existing plants and 70,000 kw.
neers
*
of
$80,000,000 estimated
lor installation in
the
will
receipt
cost
subsidiary
outstanding and listed shares of com¬
authority to add to the list 139,125
common
Years Ended June 30—
stock.
to be
of
an
common
the
above,
the
Utilities.
months'
1947
$133,554
Total
program,
a
porilon
of
financed through the issuance
amountwhich may aggregate $60,000,000.
assumes
Of
of
Brazilian
construction
expenditures
estimate
estimated
•
English subsidiary
the
1949
additional
for
of
nine
Massachusetts
by
exceeding
subsidiary
for
included
issue
expended
was
years
construction
of additional
the
expenditures
estimated
are
$20,500,000
estimate
This
construction
with
$1,
notice of issuance and distribution
said stock lor each two shares
$2.16
foreign
from
those companies
are
presently
"new"
of
Worcester Gas Light Co.—Offering—
Nil
received
information
upon
the
of
value
par
shares
of
follows:
to be $29,000,000,
of which approx¬
through Sept. 30, 1948; and the
through 1951, inclusive, is about $80,Company estimates that, based upon the present level of
and
costs
and
current
expectations as
to
the
probable
imately
Kuch
PROGRAM—The
stock,
additional
Cr63,000
Capital shs. outstdg..
Earnings per share
before
the
income
income
1948
company
mon
The
Net
1948.
PURPOSE—The
Fed.
Federal
shares
of
355,000
"$108,418
Brazilian
">$171,418
Estimated
-
tion
CONSTRUCTION
number
80,550
English
Committee on Securities of the New lork Curb
Exchange on
9 approved the listing of
278,250 shares of "new" common stock,
value $8, upon official notice ol' issuance in substitution for a like
par
——
from
57
The
1946
charges
tax
received
1947
Nov.
Total
subscription
agents
(2165)
Woodley Petroleum Co.—To Change Par Value, Etc.—
1948
31—1-
credits
pursuant
aiso
may
all
income
Divids.
to the primary subscription
subscribe, at the same price, for any
additional
number
of
shares
he
may
wish,
subject,
to
allotment.
Subscriptions pursuant to this additional subscription privilege may
be made only on the
subscription order by which a subscription is
right,
Months Ended Aug.
except
Bajik, New York; Stone
Mass.;
&
Wayne Pump Co.—Earnings
9
interest,,
Profit—after
Boston,
Main
and
"
Chase National
are:
Corp.,
Trust
be
to
period.
COMMERCIAL
Int.
&
income
other
______
$875,745
$918,417
$3,827,599
$3,905,915
deductions
287,230
277,047
1,136,048
1,065,278
$588,515
•
-'
$641,371
$2,691,550
$2,840,637
company
senior
the
Net
Net
-V.
indome
168,;
p.
1842J
U'.
-
;
to
sales
From
the
opening a
effect
will
has
for
no
to
this
financing,
consist
of 121,477%
outstanding funded
'
common.
the
year
company's
1947
.
the
company's
shares
debt,
of
nor
common
any
outstanding
stock.
class
of
The
stock
*
%,
totaled $1,882,667.
offering the proceeds will be used to
new branch store in Lancaster, Pa.—V. 168, p. 1406.
pay
for
58
<2166)
THE
.
COMMERCIAL
&
FINANCIAL
CHRONICLE
•
Monday,- November 22; 1948
STATE AND CITY DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
California
(State of)
Offering — The
Bond
Dec.
on
3.
An
issue
1,125,000
2, 1911, in $1,000 de¬
nominations, Nos. 29, 62, 104, 339,
340, 377, 407, 447, 458, 539, 556, 643,
668 and 720, have been drawn by
of
lot and will be redeemed
2,
1949,
upon
Treasurer's
office,
or
at
holder's option,
at the National
City Bank
of
New
York, the
Project
Agricultural
Improvement and Power Dist.,
Arizona
State's fiscal agent.
Call—Daniel
Treasurer, announces
for redemption on Jan. 1,
Fallbrook
the call
variously numbered bonds
gating as follows:
1, 1937
and due
Bond
Jan.
on
1 from
the
ized
Dated
due
and
Jan.
Jan.
on
1,
1939
1
from
1
9—v.
awarded
100.034,
000
date
the
interest
of
thereon
redemption;
cipal
amount
event exceed
the
principal
bonds
of
amount
a
$349,000 23/4s, due
bonds
are
County
sealed
on
Dec.
dated Dec.
(P. O.
DST)
bids
until
10
receive
a.m.
(Calif.
Dec. 1 for the purchase
on
building bonds. Dated
$15,000
Feb.
will
Clerk,
000.
W. G.
to
1964
rates
Sharp,
1949.
Denomination $1,Due $1,000 on Feb. 1 from
1950
—
of
interest
1,
inclusive.
to
be
Rate
or
expressed
in a multiple of 44 of 1%.
A cer¬
County Clerk, will receive sealed
tified check for 10% of the bid is
a.m. (Calif. DST) on
*
Nov. 23 for the purchase of $46,- ! required.
bids until 10
000
exceed
to
not
interest
5%
$1,000.
Due
Dec.
1
Bond
1
follows;
Sale—The
partment
of
$9,000,000 DeWater
and Power
$3,000 from 1949 to
I electric
plant revenue bonds of
inclusive, and $4,000 in 1963. 1948 offered
on
Nov. 17—v. 168,
Principal and interest (J-D) pay¬
i
p. 2055—were awarded to a syn¬
able at the County Treasurer's of¬
dicate composed of Lehman Bros.,
fice. Bidders to name a single rate
Halsey, Stuart & Co., Blair & Co.,
of interest, expressed in the mul¬
Inc., Phelps, Fenn & Co., Gold¬
tiple of 44 of 1%. Delivery and
man, Sachs & Co., Paine, Webber,
payment of bonds will be made in
Jackson & Curtis, Hallgarten &
the office of the Board of Super¬
Co., Hemphill, Noyes & Co.; F. S.
visors. A certified check for 3%
of the amount of the bonds bid for, Mosele.y & Co., B. J. Van Ingen &
Co., Stone & Webster Securities
payable to the Chairman of the
Corp.,
Eastman,
Dillon
& Co.,
Board of Supervisors, is required.
Estabrook & Co., Dick & MerleBurlingame, Calif.
Smith, Eldredge & Co., E. H. Rol¬
Bond Sale—The $155,000 gen¬ lins & Sons, Kean, Taylor & Co.,
as
Mark
about
West
Union
School
Nov.
1962
.
,
1
District,
Sale—An issue
to
was
Blyth
1949
to
1954
lj
Dec.
on
to
from
3s.
Due
on
Dec.
from
1
obligation
Nov.
15—v.
awarded to
bonds
168,
p.
the Bank
of America
National Trust & Savings Associa¬
tion, of San Francisco, at a price
of 100.076, a net interest cost of
about
2.10%,
l3/4s, due
on
as
follows:
$21,000
Jan. 15 from 1950 to
1952
inclusive; $89,000 2s, due
Jan.
15
from
1953
to
1964
sive, and $45,000 2y4s, due
15
from
1965
The bonds
are
to
1969
on
inclu¬
on
Jan.
inclusive.
dated Jan. 15, 1949.
Second high bid of par for $70,000
l%s and $85,000
of
about
2.13%,
2y4s,
was
a
net cost
by
made
Kaiser & Co., of San Francisco.
1
1
'
York, Field Richards & Co. of
Cleveland, E. M. Newton & Co. of
Boston, Pacific Northwest Co. of
Seattle, G. C, Haas & Co. and
Hannahs,
bonds
dated
are
Dec.
1,
1948. Denomination $1,000. Princi¬
Ballin
made by the California
$1,125,000 5s.
1949 to
Due
on
Nov. 1 from
1953 inclusive.
225,000 IV2S. Due Nov. 1, 1954.
450,000 l%s.
Due on Nov. 1,
1955 and 1956.
Due on Nov. 1
1957 to 1959 inclusive.
675,000 2s.
from
due
on
1953
in¬
1949
to
fol¬
inclusive;
and
$650,000
Nov.
1
from
1,
l%s,
1961
to
due
1968
plant
at
cost
of
par,' a
follows:
as
dis¬
sewage
bonds
interest
1.74%,
Bank,
about
$75,000
l%s, due Nov. 1, 1954 and
1955; $400,000 l3/4s, due on
Nov.
from
1
clusive;
1956 to
$350,000
1958
in¬
11
15
for
a.m.
the
(Cal. DST) on Dec.
purchase of $100,000
interest coupon
not to exceed 5%
registered acquisition and
or
struction
bonds.
Dated
con¬
June
15,
1947. Denom. $1,000. Due $20,000
on
June 15 from 1963 to
1967 incl.
Principal? and interest'(J-D) pay¬
able
at
the
County Treasurer's
office. A certified check for $5,000,
payable
to
order
of
the
County
Treasurer,
is
retired.
Legality to be approved by Or-
MeCormick
&
Nov.
on
1
following
of Phoenix, and William R.
Compton & Co., of New York.
The group bid for the bonds as
follows:
x 'v
:
.
municipal auditorium
bonds at a price of 100.02, a
net
1.78%,
&
follows:
as
on
about
$250,000
Nov. 1 from 1949
bonds
general obli¬
the
City
the
of
and
County of Denver and shall be
payable from general ad valorem
limitation
without
taxes
rate
of
amount, provided, however,
the
Municipal
Auditorium
bonds and the Municipal Stadium
bonds shall also be payable from
or
that
the
net
derived
be
to
revenues
from the
operation of the Munici¬
pal Auditorium and the Municipal
Stadium to the extent provided in
the ordinance authorizing their is¬
V'\
suance.
■■■vX
Jefferson County
■
'
School District
(P. O. Wheatridge),
No. 8
Colorado
vv.'V'
Sale
Bond
The
—
\
$348,000 gen¬
oblgation building bonds of¬
on Nov. 15—v. 168, p. 2056—
eral
fered
awarded
of
posed
Kansas
erts
to
Stern
a
group
&
Bros.
com¬
of
Co.,
City, Sidlo, Simons, Rob¬
Co., Garrett-Bromfield &
&
Co., and Walter & Co., all of Den¬
ver, on a bid based on a net in¬
terest
of
cost
bonds
are
mature
Oct.
1, 1948 and
Oct. 1 from 1949 to 1966
on
inclusive.
The
2.61%.
about
dated
Bonds
thereafter
maturing in 1959
numerical
redeemable
are
order,
on
and ac¬
composed
of Boettcher & Co., Otis & Co.,
Coughlin & Co., Peters, Writer &
Christensen, was second high bid¬
der, naming a net cost basis of
crued interest.
2.64%.
■
at
■;
.
Colo.
Trinidad,
f
Sale—The $1,800,000
Bond
tric
par
A group
light
and
bonds offered
revenue
power
16—v.
Nov.
on
elec¬
168,
1947—were awarded to a syn¬
p.
dicate composed of
Paine, Webber,
Curtis,
of Chicago;
Braun, Bosworth & Co., Inc.; Cen¬
tral
Republic
Co.,
of Chicago;
Eisen
&
Waeckerle,
of
Lucas,
Kansas City, and Seasongood &
Mayer, of Cincinnati, on a bid re¬
flecting a net interest cost of
about 3.29%. The bonds are dated
Jackson
&
Dec. 1, 1948, and mature on Dec. 1
from 1949 to 1963 incl.
Callable
Dec.
on
1, 1958,
on
or
any
subse¬
quent interest payment date.
^
CONNECTICUT
Groton, Conn.
$525,000 water
bonds offered on Nov. 16—v. 168,
Bond
2056
p.
Sale—The
awarded
were
—7
Securities
Union
Corp.,
to
and
the
the
Equitable Securities Corp., both
of New York, jointly, as 2s, at a
price of 101.818, .a basis of about
1.80%. Dated Dec. 1, 1948 and due
.
on
Dec.
1
from
1949 to
1968 incl.
inclusive; $50,000 23/4s,
1,
1954; $600,000
l3/4s, due on Nov. 1, 1955 to
1958 inclusive; $300,000 IV2S,
due Nov. 1, 1959 and 1960; and
$800,000 l3/4s, due on Nov. 1
101.69 for ,2s
was made by F. S. Moseley & Co.,
and R. D. White & Co., in joint
Florida
History bonds at
of
100.03,
a
of
composed of J. P.
Co., Inc.,
Guaranty
both of New York,
about
1.75%,
75,000
000
Second
1953
IV2S, due
„
as
Nov. 1 from
inclusive; and
on
1960
$120,000
l%s, due
on
Nov. 1
from 1961 to 1968 inclusive.
All
dated
tions
terest
of the
Nov.
high bid of
,
account. i::i:
FLORIDA
(P.
price
follows:
due on Nov. l,
inclusive; $155,-
1954> to
,
a
net interest cost
3V2S,
1949 to
Co., of Philadelphia,
Co., of New York,
Philadelphia National Bank, of
Philadelphia, Bear, Stearns &Co.,
Laidlaw & Co., Coffin & Burr,
Dominick & Dominick, B. J.-Van
Ingen & Co., all of New York,
Schoellkopf, Hutton /& Pomeroy,
of Buffalo, Wood, Struthers & Co.,
of
Nov.
tural
syndicate
&
gation
350,000 Colorado Museum of Na¬
follows:
Drexel
constitute
from 1961 to 1968 inclusive.
Bond
eral
Co.,
cost
to 1953
Coloradb
Trust
interest
3V2S, due
(City and County of),
&
.
.
$2,000,000
\
A
of
Co.,
COLORADO
as
Kebbon,
Chicago,
Schmidt, Poole & Co., of Phila¬
delphia, Robinson-Humphrey Co.,
of Atlanta,
Kenneth A. Ellis &
due
Sale—The $8,100,000 gen¬
obligation bonds offered Nov.
17—v. 168, p. 1629—were awarded
Denver,
both
All of said bonds
date thereafter.
shall
Oct. 1, 1958, or on any subsequent
interest payment date, in inverse
Co., Martin, Burns
Corbett,
rick, Dahlquist, Neff & Herrington, of San Francisco.
Denver
of
&
to
and
Sale-^The
Christensen,
day of Nov.,
1960:
$2,350,000
general
obligation
ing bonds. Dated Oct. 1, 1948. De¬
bonds offered at the same time
Due Oct. 1, as
were awarded to a syndicate com¬
follows: $1,000 from 1949 to 1953
posed of Halsey, Stuart & Co.,
inclusive, and $2,000 from 1954 to
Continuental •: Illinois
,National
1968 inclusive. Principal and in¬
Bank
& Trust
Co., of Chicago,
terest
(A-O)
payable -at
the
Kidder, Peabody & Co., Union
County Treasurer's office. Bidders
Securities
Corp.,
both of
New
to name the rate or rates of inter¬
York, Braun, Bosworth & Co., Inc.,
est, expressed in the multiple of
Barr Bros. & Co., Bacon, Steven¬
y4 of 1%.
A certified check for
son & Co.. 'Hornblower &
Weeks,
$1,000, payable to the Chairman
E. H. Rollins & Sons, all of New
of the Board of Supervisors, is re¬
York, Central Republic TCo., of
quired. Legality to be determined
Chicago, Geo. B. Gibbons & Co.,
by the successful bidder.
Inc., R. S. Dickson & Co., Adams,
West Sacramento Sanitary Dist.,
McEntee & Co., C. F. Childs &
Yolo County (P. O. West
Co., G. H. Walker & Co., W. H.
Morton & Co., all of New York,
Sacramento), Calif.*
Bond Offering—Martin R. Peter¬
Otis & Co.,
of Cleveland, Ohio
son,
Secretary of the Sanitary Co. of Columbus, Peters, Writer &
un¬
1959,, shall
redemption at the
option of the City and County of
Denver on the first day of Nov.,
1958, or on any interest payment
first
subject
and
nomination $1,000.
Board will receive sealed bids
New
due
from 1961 to 1968 inclusive.
Additional
of
Bank
l%s,
Nov. 1, 1959 and
$825,000 l3/4s, due
,
National
Chase
were
municipal
City
County of Denver, or at the
and
$300,000
1959 and
3 V2 s, due on Nov. 1 from 1949
to
1953
inclusive;
$100,000
Elementary Sch. Dist.,
Mateo County (P. O.
Shields
Lee
group
as
3V2S,
Nov.
net
Montara
follows:
&
interest
1.78%,
due
posal
of Los Angeles.
Morgan
The
York.
from
1,750,000
pal and interest (J-D) payable at
the County Treasurer's office. Sec¬
ond high bid of 100.07 for all 3s
both of
paid a
price of 10.001, a net interest cost
of about 2.54%, for the bonds as
New
about
$160,000
1
stadium
net
a
inclusive.
Wm. E. Pollock & Co. all of. New
offered
2055—were
par,
1958
on
1955 to 1968 inclusive.
was
at
1960,
;
.
57,000
on
1968 inclusive.
l%s,
I
inclusive.
due
clusive; $120,000 l%s, due on
Nov: 1, 1954 and 1955; $270,000 l3/4s, due on Nov. 1, 1956
follows:
Due
1961 to
of
Nov.
&
$24,000 23/4s.
1958 in¬
1959 and. 1960, and
l3/4s, due on Nov.
municipal
lows:
Co., Inc., of San
Francisco, at a price of 100.045, a
net interest cost of about 2.97%,
as
from
cost
Nov.
on
1956 to
$400,000 l%s,
1,
bonds
of $81,000
awarded
from
1,500,000
»
eral
of
cost
$1,120,000
County (P. O.
Santa Rosa), Calif.
Bond
1
clusive
Sonoma
til
Los Angeles, Calif.
,
building bonds. Dated Dec. 1, 1948.
Denomination
of
cost
made
San
Offering—Thomas L. Gar¬
County
ner,
Calif.
Offering
price
a
interest
Nov.
and $3,600,000 2%S, or a
interest
2.58%,
by a syndicate headed
by Harriman Ripley & Co., Inc.
District
Lakeport), Calif.
Bond
*
Bond
at
net
a
about
County Clerk, will receive sealed
4%,
of
par,
of
bids until 10 a.m. (Calif. DST) on
Dec. 7 for the purchase, of $35,000
not to exceed 5% interest build¬
sold
Lake
such
$2,500,000 public library bonds at
000 2V2S
date
of
School
Lakeport Union School District,
of
be
Redwood City), Calif.- *
Bond Offering—W. H. Augustus,
All of the
Angeles
County (P. O. Los Angeles),
■
Dec. 15
on
15, 1948.
Alameda Sch. Dist. Los
V;. ■r
and
15 from 1955 to 1973 inclusive.
CALIFORNIA
■
inclusive,
Eureka
and
called.
so
15 from
& Co., of Detroit, and Rand
Co., of New York, was awarded
$5,750,000 bonds, as follows:
the
&
$675,000 5s, $450,000 34&S, $1,575,000 l3/4s, $1,350,000 2y4s, $1,350,-
the
on
a net interest cost of
2.757%,
as
follows:
$86,000 3s, due on Dec. 15
from 1949 to 1954 inclusive,
for each year or
unexpired from
no
Dec.
or
100.071,
thereof
shall it be less than 2^2%
follows: $63,-
as
on
1954
on
about
redemption to
the fixed maturity date of said
bonds so called. However, such pre¬
nor
due
bonds
the date of call for
mium shall in
price of
a
maturing
York, at the option of the holder.
All bonds maturing on and after
Second high bid of 100.14 for
call.
from 1955 to 1973 inclusive.
435,000
premium of 44 of 1% of the prin¬
fraction
2.759%,
to
at
net interest cost of
$262,000 23/4s, due
to
plus
a
3s,
J 949
on any
accrued
of
1,
York, Merrill, Turben &
Co* of Cleveland, Jones B. Shan¬
New
1.79%, as follows: $310,000, 31/2S, due on Nov. 1 from
1949
to
1953
incl.;, $180,000
17/8S, due on Nov. 1, 1954 and
1955;J $490,000 l3/4s, due on
depending
The
trict bonds sold
interest pay¬
ment date,
on
or
after Nov. 1,
1960, in inverse numerical order
at the principal amount thereof
and
Bank
Nov.
fice of
thereafter, at varying premi¬
ums
•
.
about
and after Nov. 1, 1961
City,
the
to
$325,000 Eureka High School Dis¬
subject to call for redemption,
whole or in part, at the option
of the
awarded
follows:
1957, $7,000 in 1958 to
1961, $8,000 in 1962 to 1964, $9,000
in 1965, and $5,000 in 1966.
Bonds
as a
Nov. 9—v. 168, p. 1843
Savings
Association, of San Francisco, and
Associates, the only bidders, as
1954 to
are
and
Oct..
Sale—The $760,000 bonds
dated
1, 1954, are subject to
prior redemption on Nov. 1, 1951
America National Trust &
1, 1948. Due Nov. 1, as fol¬
lows: $5,000 in 1950 to 1953, $6,000
on
and
1
Nov.
author¬
on
on Nov.
1988 inclusive.
are
those
1948
after
15
on
—were
Nov.
maturing
bonds
the Treasurer of the
Haupt & Co., both of New
York, J. C. Bradford & Co., of
Nashville, J. G. White & Co., Inc.,
non
1
Nov.
on
Ira
of
1
inclusive.
Due
1984 to
school bonds
Bond
Co., of Phoenix, the only bidder,
as
4s, at a price of par.
Dated
in
held
offered
168,
p.
1737—were
Kirby L. Vidrine &
to
election
the
at
1955
Willcox, Ariz.
V
$133,000 coupon
revenue
bonds
offered < on
Nov.
were
County School District
(P. O. Eureka), Calif.
Bond Sale—The
gas
These bonds
Humboldt
to 1964 inclusive.
The
school
$225,000
of
26.
to 1964 inclusive.
4s.
purchase
bonds.
262,000 4V4S. Dated June 1, 1938
and due on July 1 from 1949
650,000
The Clerk of
—
ceive sealed bids until Dec. 20 for
1950
to 1964 inclusive.
,
Offering
Due
2%s.
from
was
the Board of Supervisors will re¬
2M>s.
Nov.
on
1963
to
from 1964 to 1983 inclusive.
net
Calif*
aggre¬
$360,000 4V4s.
Union High Sch. Dist.,
Diego (P. O. San Diego),
San
1949, of
Dated Oct.
:
Dis¬
Boone,
trict
Jan.
on
presentation at the
Due
1960
4,500,000
Jan.
State
Bond
2y4s.
from
Treasurer, announces that
$14,000 4% India Basin bonds,
ARIZONA
River
900,000
Johnson,
dated
State
$50,000 State Teacher's College at
LiVingston bonds.
Salt
of)
State
The State Board of Education will
sell at public auction at 10 a.m.
(CST)
(State
Bond Call—Charles G.
Alabama
•
Improvement
series
road
and
—
bridge
offered
on
•—were
awarded
of
par,
Commission
O. Tallahassee), Fla.
The
$3,600,000
18
Palm
Beach
County
Bond- Sale
revenue
bonds
Nov. 10—v. 168, p. 1844
to
a
as
3 V4s, at a price
syndicate1 composed
of B. J. Van Ingen &
Co., of New
York, John Nuveen & Co.* A. C.
Allyn & Co., Welsh,. Davis & Co.,
all of Chicago, Stranahan, Harris
$8,100,000 bonds are
1, 1948.
Denomina¬
&
Principal and in¬
payable at the of¬
of
$1,000.
(M-N)
Co., Inc., of Toleda, Blair. &
Co., Inc., Robinson-Humphrey Co.,
Atlanta,
Leedy,
Wheeler
&
Volume
168
Alleman
of
Cook
Number 4753
Co.,
&
Orlando, Thomas M.
Sullivan, Nelson &
Goss, both
Paul
of
West
Frederick
York,
Clyde
Palm
&
C.
Co,,
of
Pierce
Jacksonville,
Beach,
Palm
of
&
New
Corp., of
Emerson
Co.,
"Sims
Beach,
Cook
&
Herbert
Co., of New
York,
J.
and
Min¬
Allison-Williams
Co.,
of
neapolis.
The
bonds
are
dated
Oct. 1, 1948 and
mature, on Oct.
1
from
1949 to
cepted
made
bid
Sale
16
time
were
awarded
to
road
same
Welsh,
&
Co., of Chicago, and
Sullivan, Nelson & Goss, of West
Beach, jointly, at a price of
Palm
par,
net
a
'8.029%,
interest
cost
follows:
as
of
about
$285,000
as
3.10s, due on Dec. 1 from 1949 to
4958 incl., and
$315,000 as 3s, due
on
Dec.
1
Bonds
from
maturing
thereafter
4958
1959 to
or
in
incl.
1958
and
Dec.
on
1,
any subsequent inter¬
est
payment
bid
of
3.05s
1968
callable
are
on
date.
100.161
was
Second
for
the
redeemable
Bosworth, Sullivan & Co., of Den¬
Town
ver,
Ketcham & Nongard, of'Chi¬
Ryan, Sutherland & Co., of
Toledo, Lucas, Eisen & Waeckerle,
date after issuance in inverse
cago,
merical.
of
miums:
high
bonds
as
of
water
second
York, Lee W. Carroll &
Co., of Newark, Wm. C. Seufferle
&
Co., of Cincinnati, and McDougal & Condon, of Chicago.
Cook
son,
ceive
The
$53,000
certificates,
revenue
issue
of
price
a
of
100.175,
a
basis of about 3.48%.
Dated Oct. 1
1948, and due on Oct. 1 from 1950
to 1976 incl;
Second high bid of
97.92
was
made
by Stranahan
'Harris & Co., Inc.
georgia
cient
Augusta, Ga.
Bowl
proximately
Council,
will
receive
until
a.m.
Thomas
—
sealed
bids
11
D.
Dec. 7 for the purchase
$1,850,000
bonds,
at
a
11
divided
as
$375,000 airport bonds.
100,000 fire protection bonds.
225,000
sewerage
improvement
''
150,000
■■■■
■
a.m.
and
recreation
bonds.
500,000 Street improvement
bonds.
500,000 hospital bonds.
These bonds
•
of
illinois
..
Chicago Sanitary District, III.
Bowl Sale — The $13,625,000
.
series
12
fered
construction
Nov.
were
18—v.
awarded
bonds
168,
to
a
of¬
1947—
p.
Chicago, Harris Trust
&
Sav¬
of
tional
Dec.
and
about
date.
2.32%
The
to
bonds
at
the
are
a
the
following:
Glore, Forgan & Co., White, Weld
& Co., both of New
York, John
Nuveen & Co., of
Chicago, Harris,
Hall & Co., California Bank of
Los Angeles, City National Bank
& Trust Co., Detmer &
Co., Amer¬
ican
National Bank
F. S. Yantis &
&
Co.,
Co., all of Chicago,
&
Cummins, of Des
Moines, Paui K. Davis & Co., of
Chicago, Coffin & Burr, Donald
MacKinnon &
Co.; J. G. White &
Co., Inc., all of New York, Na¬
tional
City Bank, McDonald &
Co., both of Cleveland, Paul Fred¬
erick & Co., of New York,
Demp-
sey
&
Co., of Chicago, Newhard,
Co., of St. Louis, Barcus,
&
Kindred &
•
Co., of Chicago, Fran-
eis I. duPont &
Co., of New York,
Fahey, Clark & Co.;
.
Also,
both
liams
merce
Merrill
Turben
&
Co.,
of
Cleveland, Allison-Wil¬
Co., of Minneapolis, Com¬
Trust
Co., of Kansas City,
were
—
syndicate composed
Trust
John Nuveen & Co.,
National Bank & Trust
Co.,
Kansas
City, Martin, Burns & Cor-
bett, and W. H. Morton
& Co.
Libertyville Elementary Sch. Disl.
No. 70 (P. O.
Libertyville), III.
Bond
Offering
Constance
—
Baldwin/Secretary
M.
of the
Board
Education, will receive
of
sealed
bids
until
30 for the
8 p.m.
(CST) on Nov.
purchase of $496,000 not
exceed
school
3Vz%
interest
coupon
Dated Dec.
building bonds.
at
the
option of the
interest payment
any
nu¬
at
face
value,
together with the following pre¬
order,
if
8%
redeemed
on
or
before
July 1, 1953; 6% if re¬
deemed after July 1, 1953, and on
or before July 1,
1958; 4% if re¬
deemed after July
1, 1958 and on
July 1, 1963; 2% if re¬
after July
1, 1963, and
before
or
deemed
prior
to
maturity;
in
plus
each
accrued interest to date fixed
case
1951
to
1961
to
to
1954
incl.; $25,000,
inch; $30,000 from
incl., and $35,000
1960
1964
1965 to 1968 incl. Rate of
interest to be expressed in a mul¬
tiple of i/4 of 1%.
A certified
check
for
$10,000,
payable
to
order of the District
Treasurer, is
required. Legality to be approved
by Chapman & Cutler, of Chicago.
Rank, Griffith. Bidders
single rate of interest,
expressed in the multiple of *4
name
of
a
1%.
Said
bonds
will
be
de¬
livered five days after notice stat¬
ing that-the bonds are ready for
delivery at the Gary National
Bank, Griffith.
A certified check
for $2,000 payable to the Town, is
required. Legality to be approved
by Ross, McCord/Ice & Miller, of
Indianapolis.
Lawrence
County (P. O. Bedford),
ton,
1844
p.
awarded
were
—
Northern Trust Co., of
2s, at
a
about
the
to
Chicago,
as
price of 100.416, a basis of
1.958%.
The
bonds
are
bid of 102.08 for 2V4S was made
by Harriman Ripley & Co., Inc.,
and Hayden, Miller & Co., jointly.
New Haven,
Bond Sale—The
Clerk,
will
—
awarded
1948
p.
were
—
of
were
Oct. 28.
originally of¬
Bond
Offering
Albert
—
Troyer, City Controller,
ceive
bids
sealed
E
will
until
2
re¬
p.m.
1, 1948. Denom. $1,000. Due $200,000 on July 1 from 1953 to 1957
incl. Bidder to
single rate
of interest, expressed in a multi¬
ple of /a of 1%. Interest J-J. A
certified
check
Offering—M.
County
sealed
Auditor,
bids
Nov.
on
26
until
for
1956
for
$10,000, pay¬
City, is re¬
Legality to be approved
by Ross, McCord, Ice & Miller, of
Indianapolis.
able
to
order of the
quired.
L.
Bottom,
will
10
the
receive
a.m.
Bond
inclusive, and $2,000
the
awarded
Iowa-Des
$90,000
Nov.
Moines
4
' National
high bid of 100.076 for 2s
by Halsey, Stuart &
Co., Inc., Chicago.
Baxter
Independent
'
construction
Oct.
on
22
Sch.
District,
Iowa
Sold—An
Bonds
500
of
$14,sold
was
to
authorized at
tember.-' "/ •'
an
election
in
'
Albert
—
bids
29
until
for
sewer
5
the
p.m.
(CST)
purchase of
on
(CST)
4%
of
on
Dec. 7 for the pur¬
not to exceed
$90,000
interest water works
revenue
coupon bonds. Dated
Aug. 1, 1948.
Denomination $1,000.
Due Jan. 1,
as
follows: $2,000 from 1950 to
1954
inclusive; $3,000
from 1955 to
condi-
so
only
paid
check
principal amount of
the
Bank
Si
Trust
Co.,
1948.
Due Nov.
from
$15,000
dated
are
1,
1950
585,000 2%s.
to
1959
Nov.
8
168,
v.
—
to
the
Sch.
houfee bonds offered
100.02 for
Beh
was
made by a
Denomina¬
Nov.
on
$1,000, one for $974. Due
1, as follows: $14,974 in
1949, and $15,000 from 1950 to
Nov.
school
15-^—
1958 inclusive.
1,147,940.39 curb and gutter, pav¬
ing and sewer bonds. Denomi¬
nation
940.39
in 1949, and $115,000
from 1950 to 1958 inclusive.
Dated
$38,000 general
bonds offered
1948.
Due
May
1,
Nov.
1,
1948.
Principal
and interest (M-N) payable at the
State Fiscal Agency, Topeka. Debvery will be made at any bank in
the City .on or before Dec. 28,
public auction on Nov. 10—v.
168, p. 1948—were purchased by
the Union Bank Si Trust
Co., of
Ottumwa, as l%s, at a price of
100.052, a basis of about 1.732%.
$1,000, one for $940.39,
1, as follows: $112,-
Due Nov.
at
1,
IV2S
Sale consisted of:
168, p. 2056—were awarded to
the Farmers & Merchants Bank of
Nov.
in¬
$1,297,914.39 in¬
$149,974 park bonds.
v.
Dated
and
Corp., Merrill
Lynch, Pierce, Fenner & Beane,
Hallgarten & -Co., and Prescott,
Wright, Snyder & Co.
were
Dist.,
$26,000
bridge
1
1969
tion
Sale—The
obligation
Feb.
on
1965 to
group composed of Lehman Bros.,
Union
Securities
•Iowa
Bond
from
Glore,
Forgan & Co., of New York, as
l%s, at a price of 100.74, a basis
of about 1.48%.
Second high bid
Co., of Des Moines, the only bid¬
der, as 5s, at a price of par.
Consolidated
1 and
ternal improvement bonds Offered
on Nov. 16 were awarded to
$12,500
—
Feb.
Wichita, Kan.
of
1844
p.
Due
1
Bond Sale—The
incl.
Carleton D.
on
clusive.
1,
improvement bonds offered
awarded
Due
585,000 3s.
Humboldt, Iowa
street
1959 in¬
clusive.
Principal and interest payable at
the City Treasurer's office.
Legal¬
ity to be approved by Chapman &
Cutler, of Chicago.
Bond Sale—The issue of
Feb. 1 and
to
Aug. 1 from 1960 to 1964 in¬
1956
1957
from
on
clusive.
follows: $5,incl., and
as
to
Due
Aug. 1 from 1955
of
Nov.
follows:
clusive.
Aug.
bonds
as
585,000 2ViS.
Moines.
The
bear
Due on Feb. 1 and
Aug. 1 from 1950 to 1954 in¬
made by the Iowa-Des Moines
Des
or a net
about 2.76%, for
interest rates
of
to
$580,000 2V4s.
Cummins,
of Des Moines, and
Paine, Webber,
Jackson
&
Curtis, of
Chicago,
jointly, as l3/4s, at a price of
100.62, a basis of about 1.664%.
Second high bid of 100.53 for 13/4S
National
Kansas,
Co., both
group
was
the
the bonds and
for
cost
issue
awarded to Wheelock &
was
of
price of 100.006,
and mature
Dodge, Iowa
Bond Sale—The issue of $80,000
bridge bonds offered Nov. 16 was
Co.,
The
bidder
a
interest
he bonds bid for.
Fort
Securities
Wichita.
1948,
.
at the expense of the
chaser.
Printed
bonds
pur¬
together
with the approving opinion
will
$9,000 in
1950 and I he furnished 'by the purchaser.
1951, and $10,000 in 1952 and 1953. Legality to be approved by StinPrincipal
and
interest
(M-N) son, Mag,. Thomson, McEvers &
payable at the City Treasurer's Fizzell of Kansas City.
i
follows:
as
office.
Legality
approved
by
Chapman & Cutler, of Chicago.
Second
high
bid
of
100.039
kentucky
for
l%s was made by Wheelock
Cummins, of Des Moines.
McCracken
&
Bond
3% street improvement bonds
sold
.Bond Sale
—
Hali bonds offered
168,
ioolfnnn
$825,000
mu'
The
1948—were
p
Nov
on
r<-+
City
17-v.
awarded
to
Glore Forgan &
Co., of New Yoik,
Whipple & Co., of Chicago, jointly, as 1.60s, at a price
of 100.261, a net interest cost of
and Bacon
about
1.57%.
due
and
Dec.
semi-annually
1
clusive.
100.50
Dated Nov.
from
1950
Second
for
l3As
1,
on
to
June 1
1968 in¬
high
was
1948
bid
made
of
by
a
group composed of Northern Trust
water
system
ibonds.
/
?ux
o
the
Garri¬
Board
of
bids until 2 p.m. (CST) on Nov.
23 for the purchase of $172,000 4%
was
c.
.1
of
Commissioners will receive sealed
Nov. 15 to the Persia Sav-
on
Offering—Ray G.
Secretary
son,
ings Bank.
County,
Lone
Oak
(P. O. Paducah), Ky.
Water Dist.
Dated
,1
1 nomination
revenue
coupon
Nov.
1, 1948.
DeDue Nov. 1, as
1,000.
follows:
$1 000 in 1953 and 1954;
$2 000 from 1955 to 195? inclusive;
$3,000 from 1958 to 1960 inclusive;
$4 900 from 1961 to 1964 inclusive;
$5 000
«ive.
sive;
000
frQm
1965
$fi.000 in
$6,000 in
from
to
196?
inclu_
1968 and 1969: $7
1968 and 1969; $7,to ,1972 inclusive;
-
1970
$8,000 from 1973 to 1975 inclusive;
$9,000 from 1976 to 1978 inclusive;
and $40,000 in 1979.
Bonds ma¬
turing in 1959 to 1979, will be sub¬
ject to redemption as a whole or
from
time to time in
option
of
the
part, at the
Commissioners
in
their
inverse numerical order, on
29
until
for
sewer
5
Iowa
the
(CST)
purchase of
p.m.
lows:
Bond
$1,000.
Due
Peter¬
sealed
on
Nov.
168,
v.
the
1,
p.
$193,000
Nov.
con-
15—
2056—were awarded to
Iowa-Des
Moines
Davenport, jointly,
National
as
fol¬
$10,000 in 1950 to 1961, and
$15,000 in 1962 to 1968.
Bonds
maturing on and after Nov. 1,
at
a
price of
101.98.
on
Dated Nov. 1, 1948 and due
Nov. 1, from 1952 to 1962 incl.
$225,000
Denomina¬
Nov.
Sale—The
struction bonds offered
kansas
bonds.
Dated Nov. 1, 1948.
tion
Storm Lake Indep. Sch. Dist., Iowa
Nov.
1,
1958,
payment
date
Shawneemission Rural High School
District (P.
O. Merriam), Kan.
Bond Sale—An issue of $2,335,000 series of
1948 school bonds
was
awarded
on
Nov. 9 to
a
syn-
or
on
any
thereafter
and
accrued
interest.
and
interest
(M-N)
interest
at
102
Principal
payable
a
the Peoples National Bank, Paducah.
Bank & Trust Co., of Des Moines,
and
the
White-Phillips Co., of
'
Bluffs,
Bond Offering—Albert E.
Offering—Adolph C. Pen¬
ning, Town Clerk-Treasurer, will
son/City Clerk, will receive
bids
Nov.
$225,000
bonds.
Bond
7:30
E.
Peterson, City Clerk, will receive
i
chase
for 3% of the
be
certified
a
Co., Chicago, William Blair & Co.,
Chicago, and First of Michigan
1;
Corp., Detroit.
Bluffs, Iowa
.Offering
Council
until
must
Chicago,
Sep¬
-
Council
Bond
Griffith, Ind.
bids
bids
of
-
for,
County Commissioners, is re¬
quired.
Legality to be approved
by Ross, McCord, lee & Miller, of
Indianapolis.
Cutler,
Enclose
and
issue
bonds
Shaw, McDermott
& Co., of Des Moines, as 2%s, at
a price of 100.013. The bonds were
payable to order of the Board of
p.m.
to
made
Interest J-J.
A certified
check for 3% of the bonds bid
sealed
all
Si
Persia, Iowa
1, 1957.
receive
and
tioned.
Bank & Trust Co., of Des Moines,
of
Jan.
Corp., Estes, Snyder Si
Co., Seltsam Si Co., all of Topeka,
First
Bonds Sold—An issue of $10,000
Sale Details—The
bonds
sewer
(CST)
purchase
Securities
and the Small-Millburn
Algcna, Iowa
was
$35,000 not to exceed 4% interest
jail bonds of 1948.
Dated Dec. 1,
1948.
Denomination $1,000.
Due
as
follows: $2,000 July
1, 1950;
$2,000 Jan. 1 and July 1 from 1951
to
a
Second
County (P. O.
Princeton), Ind.
Bond
name
previously noted in v. 168, p.
2056, were sold as 2s, at a price
of 100.083, a basis of about 1.985%.
Gibson
fa-
most
specifying the
Burlington, at a price of 101.53.
Second
high bid of 101.48 was
made by the White-Phillips Co.,
Second high bid of 100.23 for 23/4s
of Davenport.
was made by R. S. Jackson & Co
Ottumwa, Iowa
South Bend, Ind.
Bond Sale—The
as
indiana
bids
of
»
-
the
upon
or
Chapman
Oakville
the
Co., Commerce Trust Co.,
K. Baum Si Co., Barret,
Co., Lucas, Eisen & Waeckerle, Soden-Zfahner Co., Burke &
MacDonald, all of Kansas City,
George
Fitch
Treasurer's
"owest interest rate. The
City will
furnish the approving opinion of
Ind.
Peoples
State
Bank of New Haven, as 2s, at
price of par. Dated Oct. 1, 1948
and due semi-annually from July
1, 1950 to Jan. 1, 1960 inclusive
(CST)
$200,000 general obligation bonds.
bonds
made
$20,000 fire de¬
168,
v.
to
receive
purchase
on
be
vorable bid
Stan¬
sealed bids until 7:30
p.m.
Nov. 22 for the
on
will
&
or better, and all' John
Nuveen & Co., of
Chicago,
things being equal, awards Beecroft, Cole &
Co., Columbian
other
partment equipment bonds offered
Nov. 15
City
Bros.
Bids should be made on
the basis of not less than
par and
dated
Dec.
1, 1948 and mature
semi-annually from July 1, 1950
to July 1, 1967 incl. Second high
the
59
composed of the City Na¬
Bank & Trust
Co., Stern
tional
accrued interest
iowa'
Offering—Harvey
City
at
dicate
office.
000
Bond Sale—The $350,000 hospi¬
tal bonds offered Nov. 10—v. 168,
Pana, III.
Bond
payable
National
to
(2167)
1959, are optional for redemption
prior to maturity on Nov. 1, 1958,
or on
any interest payment date
thereafter.
Principal and interest
for redemption.
Principal and in¬
terest (J-J) payable at the Gary
(CST) on Dec. 1 for the purchase
1, 1948. Denom. $1,000. Due Jan. 1,
vof $1,000,000 not to exceed
4%
as follows:
$6,000 in 1950; $20,000 interest sewer bonds. Dated Nov.
Trust
.Wheelock
Cook
1844
p.
on
op¬
Other members of the underwrit¬
are
offered
Chicago,
dated
1, 1948, mature Jan. 1, 1968
optional on Jan. 1, as
$730,000 from 1951 to
incl., and $855,000 in 1968.
group
168,
a
cou¬
Oct. 1 from 1950 to 1967 inclu¬
Second high bid of 101.159
for 2s was made
by a group com¬
posed of the First National Bank
are
ing
bonds
All bonds
Indiana
on
follows:
1967
75
on
CHRONICLE
$4,000 from 1960 to
and $5,000 from
inclusive.
1973
sive.
fered
cost
until
Wells & Co., of
Chicago, as 2s, at
price of 101.59, a basis of about
I.83%. Dated Oct. 1, 1948 and due
These
2%s,
net' interest
a
firm
26.
a
price
100.537,
ap¬
Co., Chicago,
Smith, Barney & Co., of New
York, Marine Trust Co., of Buf¬
falo, Weeden & Co., and Mullaney,
ings Bank, and Continental Il¬
linois National Bank & Trust
Co.,
both of Chicago,
as
of
v.
—
syndicate
headed by the Northern Trust
Co.,
Chicago, First National/'Bank
of
of
the
from
Oct. 20.
on
suffi¬
available
remain
Nov.
Northern
1955
authorized at
were
must
on
building
from
the election held
exhaust
$993,000
awarded to
to
park
in
Evanston School District No.
(P. O. Evanston), III.
Bond Sale—The
follows:
bonds.
to
1936
re¬
inclusive,
1965 to
a.m.
purchase of such bonds
price not exceeding par.
Tenders
City
Offering
Beckum, Clerk of
on
amount
11
of series A
for -the
of
(EST)
sealed tenders until
(CST) on Nov. 28
funding bonds of
Nov. 16
16—v.
^Chicago, at
•of
County (P. O. Chicago), III.
Wanteds—Louis E. Nel¬
County Treasurer, will re¬
Tenders
pon
Fla.
1948, offered on
168, p. 1737—were
awarded to
Welsh, Davis & Co., of
Nov.
New
$1,620,000
County (P.. O.
—
3Y2%
E. Wood
&
Corp., jointly.
Clearwater),
Certificate, Sale
Harold
&
made
Pinellas
City,
Securities
by Stranahan,
'Harris & Co.,
Inc., and Clyde C.
Pierce
Kansas
dianapolis, M. B. Vick & Co., of
Chicago, Herbert J. Sims & Co.,
Columbia County
revenue bonds offered at the
Davis
1964
Bank of Memphis,
Sattley & Co./of Detroit,
Seasongood & Mayer, of Cincin¬
nati, Kalman & Co., of St. Paul,
V.
$600,000
The
—
1959 inclusive:
H.
offer
only
ac¬
bonds.
Additional
First ^National
Co., of St. Paul, Blewer, Heitner
Glynn, of St. Louis, Channer
Co., of Chicago, Raffensperger,
Hughes
&
Co.,
of In¬
incl. The
the
was
for the
series
1968
FINANCIAL
&
COMMERCIAL
THE
.
East
niiiQi ANA
Baton
No. 9
Rouge Sewerage Dist.
(P. O. Baton Rouge), La.
Bond Offering—L. Paul Amiss,
Secretary of the Parish Police
Jury, will receive sealed bids un¬
til 7 p.m. (CST) on Dec. 14 for
the purchase of $204,000
not to
exceed
4%
interest
sewer
bonds.
Dated Dec. 31, 1948. Interest J-D.
Denom. $1,000. Due Dec., 31, as
i^pafv^
60
w*<
KmvmtM&H'V'twmtmfiwm**mattKm'ii***
**«
«
*
^
...
(2168)
follows:
$4000
$5,000 in
1958
THE
in
1949
and 1950,
1957, $6,000 in
$7,000 in 1964 to
1951
to
to
1963,
1967, $8,000 in 1968 to 1972, $9,000
in 1973 to
1975, and $10,000 in
1976 to 1978. Payable from taxes
to
be
levied
to rate
as
ble
without
amount"
or
limitation
all taxa¬
on
property in the District. The
bonds
will
bidder
to
interest
which
rates
awarded
offering
accrued
net
be
cost
and
specifying
in
the
the
to
the
par
pay
and
result
interest
to
lowest
Shawmut
Bank of Boston, under
Ropes, Gray, Best, Coolidge & Rugg, of Boston.
Great
at any
or
the
rate
Nov.
10
awarded
was
to
Whiting,
Stubbs, of Boston, as 2s,
price of 100.669, a basis of
about 1.92%.
Second high bid of
at
a
100.33
for 2s
made by
was
Smith,
Barney & Co.
District
Holyoke,
Bond
Joseph
Treasurer, will
ceive
sealed
(EST)
on
to
name
interest.
A
certified
City
Nov.
until
24
due
May
Bank
the
for
Township Sch. Dist. No. 4
school
1,
right is
all bids.
1949
to
incl., and $16,000 in
1952. Principal and interest pay¬
Chicago,
100.045, a
Dated
reserved to
reject any
or
A
Denom.
$1,000. Due
$17,000 from
follows:
1951
certifed
check
on
a
solvent
bank for not less than $2,100, pay¬
able
able to the Treasurer of the Police
approved
by
Jury,
Palmer
Dodge, of Boston, > :
must
<
r
.
of
1
(P.
Sub-Road
Road
District
road bonds
sold
was
No.
&
Bond
$100,000
Corp.,
of
Scharff & Jones, and Glas & Co.,
both of New Orleans, on a bid re¬
flecting a net interest cost of
Storey,
be
to
Thorndike,
,
(State of )
Nov.
syn¬
Lot
loan,
1941,
1947
Chapter 714
of" 1941,
Acts
of
1947,. Chapter
bonds. Due $80,-
incl.
f
1,400,000
Boston
Harbor
ties
loan, 1945
Chapter 619),
&
Facili¬
(Acts of 1945,
coupon bonds.
Co., Goldman, Sachs & Co., both
York, Stranahan, Harris &
Due
$70,000
Dec.
1,
from
Co., Inc., of Toledo, Braun, Bos1949 to 1968 incl.
worth & Co.,
Inc., Hornblower & Item 2—
1
Weeks, Reynolds & Co.,' Merrill.
$3,090,000 Metropolitan Water
Lynch, Pierce, Fenner & Beane,
District—Water Use Develop¬
R. S. Dickson & Co., Wm. E. Pol¬
ment
loan
(Acts
of" 1945,
lock & Co., all of New York, Mil¬
Chapter 587,
waukee
Acts
Oct.
1.88%,
4s.
Due
Nov.
on
1
1950 to 1973 inclusive.
lVas. Due
to 1958 inclusive,
500,000 public
bonds
1
1949 to
1
Due
on
1968
in¬
from
as
1949
2s. Due
to
1978
2s.
Due
on
Dec.
1
from 1949 to 1968 inclusive.
All of the bonds
1,
Second
1948.
are
dated Dec.
high
bid
of
102.363 for $1,350,000 5s,
$1,200,000
1V2S and $1,450,000 2s, was made
by a syndicate headed by Lehman
Bros, of New York City.
Essex
Offering—James D. Bent-
ley, County Treasurer, will receive
sealed bids untli 11 a.m. (EST) on
Nov.
23
for
the
purchase
of
$34,000 tuberculosis hospital main¬
Denominations
$25,000, $5,000 and $4,000. Due
April 1, 1949.
25,000 industrial farm loan notes.
Denomination
Feb.
the
at
the
Due
or
at
National
Bank,
the holder's
option,
National
Bank
on or
of
Boston.
Bank
of
Bos¬
about Nov. 24, 1948, and
validity
1,
thereof
as
by
1948.
to
genuineness
the
National
The
lows: $2,000 from
1977 inclusive.
bonds.
1,
as
fol¬
1949
interest payment date
or
after
accrued
of 3%
Feb.
on
1,
1959, at par and
interest plus a permium
if redeemed
prior to
Feb. 1, 1961; 2V2% if redeemed on
or
prior to Feb. 1, 1973; V2% if
redeemed
1976.
No
School
Sale
bonds
after
single rate
in
lot,
a
multiple of V4
a
or
to
amount
the
bid
for
Treasurer
ceiver-General
of
pay¬
and
the
Re¬
Common¬
North
Attleborough, Mass.
Bond
Offering
August R.
Funke, Town Treasurer, will re¬
ceive
(EST)
—
sealed
bids
until
noon
Nov. 22 for the purchase
of $360,000 coupon
bonds, divided
as
on
follows:
$300,000
Savings
expressed
of
1%.
the
on
or
for
of
Toledo,
in
of
rate
a
the
l%s', at
as
building,
1948
bonds.-
Dec.
1 from
Act
$20,000
Due
1949
to
1963
of
Dec.
on
1
from
All of the bonds
1,
1948.
Principal
Bank
$1,000.
semi-annual
in¬
at the Second Na¬
of
Boston.
Legality
by Ropes, Gray, Best,
Coolidge & Rugg, of Boston.
approved
Salem
Housing Authority, Mass.
Sale—The issue of $70,000
notes offered on Nov. 15—v. 168,
p.
2057—was awarded to the Na¬
tional
Shawmut
at 0.91%
$5.
on
Bank
interest, plus
Dated
Nov.
May 18,
highest
0.90%.
a
18,
1949.
ond National Bank of
of
Boston,
multiple of V4
printed at
of Vtlie
Miller,
Village.
Canfieid,
Stone of Detroit.
v
A
Paddock
&
"~Bond
bids
until
Nov. 22 for
not
Holt,
receive sealed
7:30
p.m.
(EST)
on
the purchase of $200,-
to .exceed
&
inclusive.
Bonds maturing
July 1, 1954 may be
called for redemption at the op¬
tion of the City, in inverse nu¬
or
after
merical
order,
1953, at
par
on
interest
or
and
premiums
bond
any
after July 1,
accrued interest
on
as
follows:
On
prior to July 1, 1958, $20; on each
bond called for redemption after
July 1, 1958, but on or prior to
July 1, 1961, $15; on each bond
called for redemption after July
1, 1961, but on or prior to July 1
1964, $10; on each bond called for
redemption after July 1, 1964, but
on or prior to July
1, 1967, $5. No
premium shall be paid on bonds
called for redemption after July
1, 1967.
Principal and interest
(J-J)
payable at the Michigan
National
Bank,
Grand
Rapids.
expressed
or
of
rates
in
interest
to
be
the
multiple of lA
printed bonds to¬
gether with the approving opinion
will be paid by the City.
A cer¬
of
1%.
1.89%,
was
of
composed
Inc., A. G
The
tified check for
$7,500, payable to
exceed
Sale
several
certificates
fered
of
Nov.
on
$14,050
indebtedness
1—v.
168,
of¬
1739—
p.
taken
by local banks, as
3V2S, at a price of par. This was
the only bid for the certificates,
were
which
are
follows:
as
cates.
1950
Due
Jan.
on
1959
to
certifi¬
extension
sewer
from
2
inclusive.
tificates.
Due
on
Jan.
2 from
1950 to 1959 inclusive.
1948.
at
Principal and in¬
terest (J-D) payable in semi-an¬
nual instalments during a period
20
of
street
$35,000
Ashmun Co.
Minne¬
a price
basis of about 1.533%.
Dec. 1,
1948 and due on
100.757,
Dated
1
Dec.
of
13/4S, at
as
a
from
1949
Second
to
high
1955
inclu¬
of
100.02
bid
made by the North-¬
National Bank of Min¬
1.80s
was
neapolis.
Itasca
No.
County Common Sch. Dist.
6 (P. O. Deer River),
Minn.
Bond
Sale—The
from the date
years
issued.
they will be in the amount of $900
each. The sum of $900 of the said
serial bonds will become payable
on Dec.
10, 1949, and the sum of
$900 will become payable on the
same
day each year thereafter
until all of such bonds are paid.
The
bonds will
be redeemable
in
full at any time after 10 years.
A
certified check for $1,800, payable
the
to
District
These
are
fered
for
Clerk, is required.
the bonds
sale
originally of¬
30, and
June
on
Aug. I.¬
Garfield
County (P.
Jordan), Mont.
Offering
Board
O.
G.
—
Gurnett,
of
County Commis¬
receive sealed bids
will
10
a.m.
(MST) on Dec. 17
purchase of $130,000 not
to
exceed
6%
interest hospital
bonds. Dated Jan. 1, 1949. Amorti¬
the
for
zation
bonds
choice
will
serial
and
be
first
the
bonds
the
sec¬
ond choice of the Board. If amort¬
ization bonds
entire
sold and
are
issue
may
single bond,
one
several
bonds,
or
issued,
be put into
divided into
the Board may
as
the time of
both principal and interest
be payable in semi-annual in¬
at
upon
sale,
to
during a period of 20
from the date of issue. If
years
'
t
$130,000 fund¬
bonds offered on Nov. 9—
168, p. 1949—were awarded to
composed of C. S. Ash¬
mun Co. of Minneapolis, Shaugh¬
nessy
&
Co.
of St.
Paul
and
George H. Herreid of Deer River,
bonds
will
they
equipment bonds offered on Nov.
15—v. 168, p. 2057—were awarded
to Shaughnessy & Co. of St. Paul,
C. S.
upon
If serial bonds are issued and sold
serial
Benson, Minn.
Sale—The
of
Board
stallments
Each issue is dated Nov. 1,
Bond
the
as
determine
may
determine
4,230 water main extension cer¬
and
sold
are
the time of sale.
the
$9,820
bonds
bonds
Trustees
until
The
—
sec¬
issued, the entire issue may be put
into a single bond or divided into
sioners,
Alexandria, Minn.
be. the
ond choice of the School Board. If
Clerk
Certificate
improvement
serial bonds will
and
Bond
MINNESOTA
of
interest
6%
bonds. Dated Dec. 10, 1948. Amor¬
tization bonds will be first choice
Co.
issued
are
in
be
the
sold
and
amount
of
$6,500 each and $6,500 will* be
payable on Jan. 1, 1950, and a like
amount on the same day of each
year thereafter, until all of such
bonds are paid. The bonds will be
redeemable in full
Jan.-l, 1954,
due date
maturity. The
bonds will be sold for par and
lowest interest rate to be desig¬
nated by the bidders. A 'certified
check for $1,000, payable to the
said Clerk, is required.
and
on
Silver
on
payment
any
thereafter
before
Bow County
No.
School District
(P. O. Butte), Mont.
1
Bond Offering — Margaret A.
Leary, Clerk of the Board of Trus¬
ing
tees, will receive sealed bids until
v.
8
a.
as
group
3V4S,
at
of
basis
price of
a
about
Nov.
1,
from
1950 to
1948
102.059,
3.045%.
and due
on
a
Dated
Feb.
1968 inclusive.
1
Sec¬
ond
high bid of 100.10 for $105,000
$25,000 3!4s was made by
J. M. Dain & Co. of Minneapolis.
3s
and
called'for
redemption
on
or
prior to July 1, 1955, $25;
on each bond
called for redemp¬
tion after July 1, 1955, but on or
for
Co., Hornblower
and Jones B. Shannon
Weeks,
&
Power
bonds.
Clerk, will receive sealed
(MST) on Dec. 8
the purchase of $18,000 not to
bids until 2 p.m.
&
interest
July 1, 1948. Denomination
$1,000.
Due July 1, as follows:
$10,000. from 1952 to 1962 inclu¬
sive, and $15,000 from 1963 to
1948
Boston, next
a rate of
bidder, named
3V2%
Dated
1968
Sec¬
will
Mortgage
Electric
System Revenue coupon
on
15
Oct.
Becker & Co., G. F. Childs & Co.,
western
Offering—Norman
Clerk,
Rate
and
about
group
Julien Collins
sive.
;
Marshall, Mich.
City
on
Halsey, Stuart & Co.,
for
premium
The Sec¬
of
a
apolis, jointly,
plus
dated Dec.
Denomination
and
terest payable
tional
are
cost
by
and
each
inclusive.
terest
made
value of the bonds, payable
to the Village Treasurer, is re¬
quired. Legality to be approved
on
Due $5,000
1949 to 1960
mature
1953 inclusive.
to
certified check for 2% of the total
in¬
clusive.
60,000 school bonds.
and
1949
Fenton.
par
by
price of
a
dated Nov.
are
high bid of 100.022 for $1,110,000 2s and $390,000 l%s, a net in¬
of interest
will be
Bonds
expense
15—v.
net interest cost of about
a
1948
redemption
Bank
name
$1,500,000
Nov.
& Co., ail of De¬
troit, and Ryan, Sutherland & Co.,
1, 1976. Principal and
(F-A)
payable
at
the
payment date
school
The
—
offered
Donald-Moore
Feb.
interest
Mich.
District,
Paine, Webber, Jackson & Curtis,
of Chicago, H. V. Sattley & Co.,
Watling, Lerchen & Co., and Mc¬
or
called
bonds
on
on
inclu¬
168, p. 2057—were awarded to a
syndicate composed of the First of
Michigan Corp., of Detroit, Stran¬
ahan, Harris & Co., Inc., Toledo,
prior to Feb. 1,
premium shall be paid
on
1953
to
District
amortization
school
Bonds
lage, in inverse numerical order,
"any
are
1953 to 1959 in¬
maturing in
1960 to 1977 may be called for re¬
demption at the option of the Vil¬
on
Savings
bonds
sive.
clusive; $3,000 in 1960 to 1965 in¬
clusive; *$4,000 from 1966 to 1971
inclusive and $5,000 from 1972 to
least
at
Nov.
on
Denomina¬
Feb.
awarded
ond
interest water sup¬
Due
Special
&
Offering—Lily M. Emery,
Bond
1, 1948 and mature
from
15
from
revenue coupon
Sept.
$1,000.
000
of
will be certified
by Ber¬
of Benton
First
due
and
years
issue, - if
given to
is
each item in
on
the
of
The notes will be delivered at the
Shawmut
of
p.mL (EST)
tion
1/10 of 1%. A certified check for
National
ton,
of
call
is
Note
23, 1948. Payable at
Merchants
Salem,
$25,000.
10, 1949.
Dated Nov.
date
the
any
Dec. 1, 1948. Denom. $1,-
expressed
dis¬
of $59,000 notes, divided as
follows:
notes.
in¬
bid
Inc.,
Dated
days before the call date.
of interest
count
tenance
the
holders
Dated
County (P. O. Salem), Mass.
Note
on
interest
000. Bidders to name a
300,000 construction of buildings
as
1, 1970. The
called
wealth, is required.
inclusive.
bonds
be
which
on
the
able
150,000 sewerage bonds
Dec.
registered
Due Dec.
notice of
'
90
clusive.
on
1953
x
2s.
Midland.
dated Nov.
15,
exceed 4%
2%
from
to
high
Linden, Mich.
State
payable thereon, after 5
constfuetion-
as
$103,000
B
fully
may
from
1,000,000 permanent housing'for
Dec.
date
as
Due op Dec. 1
veterans bonds
538),
bonds.
,
from 1949 to 1958 inclusive.
of
State
100.068,
Bidder to
bonds
j
ways
lV2s.
as
Due
1, from 1949 to 1978 incl.
ter
Dec. 1 from 1949
on
Chapter- 549),
Sinking Fund Refinanc¬
ing loan (Acts of 1943, Chap¬
from
700,000 voting machine bonds
by
$860,000
$1,350,000 municipal relief bonds
as
1946,
bonds.
Lot
follows:
as
amended
as
Item 3—
of St. Louis, at
price of 101.559, a net interest
cost of about
of
coupon
Edwards & Sons,
si
Bank
Nov.
1949—were
p.
Chemical
1.729%. The bonds
Securities,
ply system
'
.
,000 Dec. 1, from 1949 to 1968
of New
neapolis, Chace, Whiteside, War¬
ren & Sears, of
Boston, and A. G.
the
100.033 for 2V2s was made
to
A
Item 1—
composed of Phelps, Fenn
Co., of Milwaukee, Mc¬
Donald & Co., of Cleveland, C. C.
Collings & Co., of Philadelphia,
Schwabacher & Co., of San Fran¬
cisco, C. S. Ashmun Co., of Min¬
1949
Second
purchase of $86,000 not
168,
a
from
1
clusive.
22 for the
$4,000,000
1948—were awarded to
dicate
168,
v.
to
Harbor.
follows:
as
(Acts
16—v.
March
divided
532), coupon
The
—
Securities Co., of
2V2S, at a price of
basis of about 2.477%.
Sept. 1, 1948 and due on
as
8
Boston, Mass.
on
Channer
bids until
and
Sales
9
awarded
Bond Offering—Decola Jepson,
Village Clerk j will receive sealed
MASSACHUSETTS
Bond
Nov.
on
1949—were
p.
tis, Treasurer and Receiver-Gen¬
eral, "will receive sealed bids until
noon
(EST) on Dec. 2 for the
purchase
of
$6,950,000
bonds,
Facilities
bonds offered
the
to
offered
bonds
168,
coupon
Cur*-
Offering—Laurence
$1,600,000 Boston Harbor Terminal
3.23%.
p.
National
Legality
Massachusetts
4
Equitable
Nashville;
Securities
Merchants
Boston.
Sale—The $33,000
Bond
MONTANA
Fergus County, Roy High School
District No. 74 (P. O.
'«
Sale—The $18,000
rien
District
Nov. 16 to
on
group composed of the
of
•
O. Rayville), La.
Bond Sale—An issue of
a
bid.
>»/•';
■'
Richland Parish
No.
each
accompany
*'
>
the
at
Bank
Bond
Midland
(P. O. Benton Harbor), Mich.
pur¬
'
Midland, Mich.
Bond
Benton
Stone
Assessment District No. 2 sanitary
sewer
bonds offered on Nov. 10
re¬
noon
—v.
as
National
Spring¬
&
Roy), Mont.
A
MICHIGAN
Dec.
without cost to him. The
the
Safe-Deposit & Trust Co.,
in joint account,
submitted the
second high bid of 0.91%, plus $5
premium.
>
y
Dec.
1948.
The
and
Paddock
of Detroit.
Bankers
field
bidder
1,
1949.
18,
Shawmut
nished
successful
the
Co., of New York City, at
0.895% interest, plus a premium of
$11.
Dated Nov. > 18, 1948 and
chase of $67,000 coupon municipal
relief bonds, Act of 1947. Dated
the
to
Canfieid,
ler,
Trust
transcript and the ap¬
proving opinion of Chapman &
Cutler, of Chicago, will be fur¬
to
City Treasurer, is required.
Legality to be approved by Mil¬
Sale—The $1,100,000 notes
offered Nov. 15—v. 168, p. 2057—
awarded
Mondajr, November 22, 1948
the
Authority,
Note
E.
—
bids
Housing
CHRONICLE
,
Mass.
Offering
Lucey,
of
$102,000
FINANCIAL
Massachusetts
were
Weeks &
Bidders
rates
or
Mass.
municipal building bonds offered
bank specified by
purchaser.
the
Barrington,
Note Sale—The issue of
&
Springfield
advice of
after the deduction of premium.
Payable at the Parish Treasurer's
office
COMMERCIAL
p.m. (MST) on Dec. 13 for the
purchase of $200,000 not to ex¬
ceed 6% interest building bonds.
Dated Jan. 1, 1948.
Amortization
bonds "will be
the first choice and
bonds
serial
choice
of
will
the
amortization
bonds
one
into
several
of
single
Trustees
Bond
Sale—The $800,000 school
Nov. 16—v. 168, p.
2057—Were awarded to a group
bonds offered
headed by John Nuveen & Co., of
Chicago, at a net interest cost
basis of about 2.84%. Dated Dec.
1, 1948, and due
to
on
1968 incl.
be put
divided
may
or
bonds, as the Board
determine upon
sale, both principal
instalments
annual
of
riod
School District, Miss.
1949
f If
and
and interest to be payable in semi¬
Greenville Municipal Separate
,
bond
sold
may
at the time of
MISSISSIPPI
Board,
are
issued, the entire issue
into
second
the
be
School
issue.
issued
are
and
sold, they will be in the de¬
nomination of $1,000 each; the sum
of $10,000 of the second instalment
of
the
payable
sum
of
able
March 1 from
•.
during a pe¬
the date of
20 years from
If serial bonds
on
serial
on
bonds
Jan. 1,
will
become
1950, and the
$10,000 will become pay¬
the same day each year
thereafter until all of such bonds
Lauderdale
County (P.
Ripley), Miss.
Bond
Sale—The
$50,000
O.
school
bonds offered at public auction on
Nov.
16—v.
168, p.
1740—were
awarded to the
are
paid.
amortization
be
The
or
redeemable
bonds,
whether
serial bonds, will
in
full
10
from the date of issue and
years
on
any
interest due date thereafter, prior
to their maturity. Interest J-J. A
Hermitage Securi¬
Nashville, as 2V4S, at a certified check for $10,000 payable
price of 100.27, a basis of about to the above Clerk, is required.
2.15%.
Dated Dec. 1, 1948, and These bonds were authorized by
due. $10,000 on Dec. 1 from 1949 to the District at an election held on,
1953 incl.
April 5, 1947.
ties Co., of
.
Volume
168
Number 4753
THE
NEBRASKA
Morris Plains School
Saline County Sch. Diet. No.
(P.
O.
District, N. J.
Bond Sale—The $125,000 school
63
bonds
Western), Neb.
168,
Bond
Superior
about
Kinkead
A.
1948, and due
1968
Johnson
as
custodial
for
the
two
bi-State bridge involved in the
transaction whereby the
recentlycreated
bridges
commission
quired the structures
of
and
ac¬
disposed
314%
banking syndicate—v. 168,
/The litigation
pertaining
New
New
Jersey Governor
Alfred
E.
Driscoll who had signed a bill
creating the Delaware River Port
Authority for the
express purpose
of
acquiring the two spans.
The
bond syndicate, it is
understood,
has not
yet delivered the bonds
as
to investors, although orders have
been in hand for the entire issue.
Continued litigation with
respect
to the transaction is
Interest Payment
The
Board
Dec.
1,
of
1948,
holders
of
Warrants—
on
Liquidation
will
be
record
an¬
due
payable
of
as
to
Nov.
1
Bidder to
Lakewood
Township (P.
Lakewood), N. J.
Offering
on
to
inclu¬
1960
name
a
Delivery of these bonds
the
at
bonds
Dec.
8,
1948.
George Garon,
—
Clerk,
O.
will
sealed bids until 8 p.m.
A
payable
to
check
for
Robert
C.
or
1,
Due
Denomination $1,000.
$5,000 Dec.
1, from 1952 to 1959
Principal and interest
(J-D) payable at the Peoples Na¬
tional Bank, Lakewood. The ap¬
proving opinion will be furnished
the purchaser without charge!
A
inclusive.
check
for
$800, payable
composed
Inc.,
100.279,
Dated
Nov.
sive.
Hendrick-
1950
awarded
were
—
Nov. 16
of
Oct.
15
1948
and
due
ceive
until
9
re¬
p.m.
(EST) on Dec. 6 for the purchase
of $38,000 not to exceed 6% in¬
terest
coupon or registered gen¬
improvement bonds. Dated
Dec. 1, 1948. Denom. $1,000. Due
Dec." 1, as follows:
$6,000- from
eral
1949 to 1951
1952
incl., and $5,000 from
1955 incl. Principal and
(J-D)
payable
at
the
to
interest
First
National
Iron
Bank,
of
Sale—The
Nov.
on
16—v.
awarded
to
168,
Ira
p.
2057—were
Haupt
&
Co.,
price
New
York, as 2s, at a
100.119, a basis of about
The bonds
are
of
of
1.98%.
dated Nov.
1, 1948,
and mature $8,000 on Nov. 1 from
1949 to 1966 incl. Second high bid
of 100.059 for 2s was made
by B. J.
Van Ingen & Co., Inc., New York.
NEW
Sale—The
offered Nov.
were
16—v.
168,
p.
Corp., of New York, as
l%s, at a price of 100.048, a basis
$126,000
school
$78,00Q
bonds;
$171,000
emergency
housing,
$50,000 housing bonds.
1966
A.
Dec.
on
incl.
100.32 for
was
dated Dec.
are
mature
made
G.
1
$343,000
water;
All of
1,
1948, and
from
Second
high
$766,000 bonds
by
Becker
Dougherty
Dunn & Co,
&
Treasurer,
a group
&
1949
to
bid
of
1.80s
as
composed of
Co.; A. Webster
Co.,
and
Mackey,
i
2.27%.
The
bpnds
will
re¬
Co., of Norwich, until
2 p.m. (EST) on Dec. 1 for the
purchase of $1,000 not to exceed
5% interest bonds of
Dec.
1,
1948.
Dec.
1
1948. Dated
Denom.
$200.
Due
from 1949 to 1953 incl.
Principal and interest (J-D) pay¬
able at the Bainbridge office of
the above-mentioned
a
'
Union
No.
6
Free
bank.
School
District
(P. O. Derby), N. Y.
Co.,
made
was
after
building bonds offered
168,
p.
the Marine
2s, at
about
dated
a
on
Nov.
9
1846—was awarded to
Trust
Co., of Buffalo,
price of 100.128, a basis
1.95%.
The
bonds
Sept. 1, 1948 and mature
are
on
Second high bid of 100.02 for 2.10s
made by the Manufacturers &
was
Traders Trust
Co., of Buffalo.
No.
1 (P. O.
Bond
sealed bids until 3
p.m. (EST)
Nov. 23 for the purchase of
on
$45,-
000 not to exceed 5% interest bus
garage, 1948, coupon or registered
bonds.
Dated Nov. 1, 1948.
De¬
nominations $1,000 and $500.
Due
$2,500 Nov. 1, from 1949 to 1966
inclusive.
Principal and interest
(M-N) payable at the Genesee
ford,
of¬
an
pro¬
The
for
of Buffalo,
and
Trust
Roosevelt
&
New
Hartford,
(P. O.
Y.
Hartford), N.
Offering
—
Robert
Thomas,
Town
Supervisor,
sealed
(EST)
purchase of
p.m.
bids
until
Nov.
on
$143,000
J..
will
12:30
29
for
the
not
to
ex¬
1,
follows:
as
$7,000 from 1950 to
1966 incl., and $8,000 from 1967 to
1969 incl. Bidder to
rate
of
interest,
multiple
of
single
expressed in a
or
name
1/10
a
of
Co.
of
Oneida.
bonds
are
are
payable in the first instance from
levied
property in the
district, but if not paid therefrom,
then
all
on
of
the
Town's
taxable
N.
exceed
Offering—A.
Ray Cornwill receive
not
to
exceed
2*4%
$2,000
$3,000
from
$2,500
in
1953,
1954
incl.;
to
1958
from
Principal
and
payable at the
1949
interest
and
incl.
(M-N)
,
Chase:
1,
to
multiple of
1/10 of 1%. Delivery of the
or
bonds
will
cessful
be
bidder
Treasurer's
1948.
chaser
be
may
the
for
delivered
consent
Treasurer.
21,
A
pur¬
of
the
certified
$510,
payable to the
District, is required.
Legality to be approved by Reed,
Hoyt & Washburn of New York
City.
order
of the
Wilson,
Newfane,
Cambria
No.
1
Central
Porter
and
Sch. Dist.
( P.O. Wilson),
New
York
Bond Sale—The $260,000 build¬
ing bonds offered Nov. 16—v. 168,
p.
2058—were awarded to Chas. E.
Weigold
&
Co.,
and
George
B.
Gibbons & Co., Inc., both of New
York, jointly,
as 2.10s, at a price
basis of about 2.06%.
Dec. 1, 1948 and due on
Traders Trust Co., of Buffalo.
(EST)
17, 1948.
Due $21,153,000 June 17,
$12,663,000 July 18, 1949. Bid¬
to
name
interest.
The
the
rate
notes
or
rates
of
will
be pay¬
able at the Chemical Bank & Trust
Company,
high
New
York
City.
For
prompt payment of the principal
and interest on said notes the full
a
bid of
100.71
for
made by the Manufacturers &
NORTH CAROLINA
Offering—W.
E.
Easter-
ling, Secretary of Local Govern¬
ment
Commission, will receive
sealed
bids
at
Raleigh,
until .11
000
to
his
office
in
(EST) on
Nov. 23 for the purchase of $928,not
coupon
a.m.
exceed
6%
bonds, divided
as
issue
awarded
on
Citizens
Bank
Smithfield.
Jackson
bond
$750,000 water and electric light
bonds. Due June 1, as follows:
$10,000
from
1951
to
1959
bal¬
to
&
9
Co.,
of
(P.
O.
Sylvc),
Carolina
issue
of
$40,000
sold
was
First
Trust Co.,
2.30%
First
six months.
the
to
was
the
Trust
in
County
$12,000
notes
anticipation notes
Bank
at
9
&
Due
Sale—An
Nov.
on
Nov.
North
-
Note
Citizens
of Smithfield,
interest.
Due
months.
in
-
f
six
,
Laurinburg, N. Cj
Note
Sale—An
bond
issue
anticipation
1.272%
Nov.
on
Bank
of
$81,000
notes
9
of
the
to
was
First
Henderson,
interest.
Due
at
in
six
months.
Maiden, N. C.
Bond Offering—W.
E. Easterling, Secretary of the Local Gov¬
ernment
sealed
Commission, will receive
bids
Raleigh
000
not
coupon
at
his
11
a.m.
until
Nov. 23 for
office
in
(EST) on
the purchase of $125,-
to
exceed
6%
bonds, divided
as
interest
follows:
$100,000 water and sewer bonds
(consolidation of $31,500 for
water and $68,500 for sanitary
sewer). Due June 1, as fol¬
lows:
$2,000 from 1951 to
1958 inch; $4,000 in 1959, and
$5,000 from 1960 to 1975 incl.
25,000 street bonds. Due June 1,
as follows:
$3,000 in 1950; $2,000 in 1951 and 1952, and $3,000 from
1953
to
All of the bonds
are
1958 inch
dated Dec.
1,
1948.
Principal and interest
(J-J) payable in New York City.
Registerable as to principal only.
A separate bid for each issue is
required. Rate or rates of interest
be
1/4
of
expressed in a multiple of
1%N A certified check for
$2,500,
payable
State
Treasurer,
order of the
is
required.
Legality to be approved by Mit¬
chell & Pershing, of New York
City.
interest
follows:
the
of
anticipation
to
Albermarble, N. C.
Bond
on Nov.
of $33,816,000
temporary loan notes. Dated Dec.
ders
was
York
for the purchase
and
100.36,
Dated
City Housing Authority,
p.m.
Sale—An
National
Dec:
purchaser's
are
County (P. O. Manteo), N. C.
District
the
on
of
bonds
total authorized issue of
a
awarded
Legality
to
be
approved
by
Vandewater, Sykes, Heckler &
Galloway, of New York City.
1
of
suc¬
the
specified by the
as
with
District
to
at
office,
Bonds
elsewhere
check
made
place
revenue
to be expressed in the
V4
at
These
National
2.20s
until
1948,
interest to
about Dec.
$2,400, payable to order of the
State Treasurer is required.
interest
for $500. Due Nov.
one
follows:
rates of
or
for
Sec¬
bids
Principal and inter¬
payable in New York
1%. Delivery on
or
ond
Offering—Thomas F. Farrell, Chairman, will receive sealed
build¬
bonds. Dated
coupon
Legality
to
be
ap¬
proved by Mitchell & Pershing, of
New York City. A certified check
registered
1948. Denom.
coupon
Dec. 1 from 1949 to 1968 incl.
Note
$120,000 not to
interest school
incl.
Note
certified check for $2,860, payable
to order of the Town, is
required.
23
1972
Dare
of
New
6%
$1,000,000.
Y.
property will be subject to taxa¬
tion to provide for payment
of
both
principal and interest.
A
York
Easter-
sealed bids at his office in Raleigh
until 11 a.m.
(EST) on Nov. 23
ance
five
District Clerk,
$1,000,
1%.
Bonds
E.
ling, Secretary of Local Govern¬
ment
Commission, will receive
15,
sealed bids until 3 p.m. .(EST) on
29 for the purchase of
$25,-
Principal and interest (M-S)
pay¬
able at the New Hartford branch
of the Oneida National Bank &
Carolina
Offering—W.
Bank, New York. Rate of interest
Washington Mills
Water District Extension
Bond
choice.
program
Nov.
500
of
Cross, of New York,.jointly.
New
Geneseo, Groveland, Sparta and
West Sparta Central Sch. Dist.
Bond
by the
Traders
County (P. O. Morganton),
est
^0-year terms and will be
1952
taxes
Bond Sale—The issue of
$15,000
—v.
Newark.
Victor),
1978
&
Burke
to
re¬
School District No. 1 (P. O.
as
2.40s
Legality to be approved by Reed,
Hoyt & Washburn, of New York
City.
1, 1947. Denom. $1,000, Due
May 1, as follows: $5,000 in 1953
and
1954; $10,000 from 1955 to
1958 inch, and' $5,000 from 1959
agency
needed
five-year improvement
bonds. Dated Nov. 1,
for
certified
check for $18,560, payable to the
State
Treasurer,
is
required.
or
construction
100.54
place of
multiple of 'A
Co., both of New York, as 2.40s,
a
price of 100.765, a basis of
about 2.34%. Dated Aug. 1, 1948,
and due on Aug. 1 from 1949 to
Manufacturers
at
A
of
&
bid
made
choice.
be expressed in the
at
high
Rate
(M-N)
City. Rate
callable
group composed
Second
City.
Nov.
17,
Authority,
bi-State
vide half of the funds
Co., of Buffalo;
Co., Inc., and R. D. White
incl.
livery will be
ing, series D
Di¬
fering of $7,000,000 bonds to
Marine Trust
Blair &
Trust
Evans
the
to
rates of interest to be
expressed
the multiple of V4 of 1%. De¬
in
for the purchase of
years
from
of
George B. Gibbons & Co., Inc., date of issue.
Chas. E. Weigold & Co., and Sage,
Victor, Farmington, East BloomRutty & Co., of Rochester.
field and Perinton Central
by
1948. Denom. $1,000. Due March
Bain¬
Trust
on
that
Nov.
on
Executive
Port
1951
the next few months with
high bid of 100.18 for 2.30s
made
bridge office of the National Bank
the
at
Dallas
Tobin,
payable in New York
or
North
Convention of
from
1965 to 1968 inch
Sec¬
Security Traders As¬
the
$5,000
equip¬
1, as
June
Dated Dec. 1, 1948. Denom. $1,000. Principal and interest
(J-D)
1
Authority, N. Y.
Due
plans to enter the market within
be
&
bids
York
at
of
vealed
are
ceed 5% interest coupon or regis¬
tered water bonds. Dated Sept. 1,
sealed
Geneseo), N. Y.
Offering — Gilbert
K.
the
Broad, District Clerk, will receive
and
rector
to
receive
Kin¬
Sale consisted of:
improvements;
bonds
O.
Dated
Nov.
on
inclusive.
Annual
J.
Pork
Bond
(P.
1950— Sept. 1 from 1949 to 1953 inclusive.
awarded to the Union Secu¬
rities
of about 1.74%.
District
ceive
of
$768,000 boncfe
sociation
Austin
at.
YORK
Bainbridge Fire District
1953
the National
a
New
as
Montclair, N. J.
to
the
a
the
Orange, N. J.
$144,000 gen¬
improvement bonds offered
eral
-
Bond
before
York
was
West
due
high bid of
Port of New
from
Bond
Morristown. A certified check for
$760, payable to order of the
Borough, is required. Legality to
be approved by
Hawkins, Dela¬
field & Wood, of New York
City.
& Co.,
Security
1949 to 1968 inclu¬
Kenmore, N. Y.
Bond Sale—The $380,000 surface
high bid of 100.135
made by a group drainage
system
bonds
offered
composed of J. S. Rippel & Co., Nov.
17—v.
168, p. 1950—were
Coffin & Burr, Inc., and F. R. Cole awarded to a
group composed of
ney,
bids
sealed
Devine
v.
—
about
was
on
& Co.
price of 100.16,
1.445%.
and
to
Second
2.30s
high¬
100.07 for 1Vgs was
made by Francis I. duPont &
Co.,
New York.
group
Second
ark, jointly, as 2.30s, at a price of
100.26, a basis of about 2.268%.
15,
1949
ond
a
about
1948
dated Nov. 1, 1948 and miature on
Nov. 1 from 1949 to 1973 inclusive.
Fidelity Union Trust Co., and Van
Oct.
of
1,
from
registered school bonds offered
awarded
the
to
Bainbridge), N. Y.
E.
J.
&
$34,500
Tilney & Co., of New
l^s, at
as
basis
bonds.
purchasers
Y.
motor vehicle bonds offered
Nov. 16—v. 168, p. 2058—were
York,
a
100.26
of C.
high bid of
made
was
Sale—The
Nov.
inclu¬
bid of
made by a
Oct. 15 from 1949
way
on
on
1978
high
was
Haupt
to
due
1.60s
awarded to
2.377%.
and
for
Bond
Bond Sale—The $515,000 coupon
or
Sale—The $281,000 school
on Nov. 15—v. 168,
Bond Offering—Walter B.
Reginald
Robinson, Borough Clerk, will
1948
1949
Second
2.40s
of about
1,
from
Second
incl.
group
&
basis
a
Nov.
1
on
1953
&
&
New
Deventer Bros., Inc., both of New¬
Mendham, N. J.
—
as
about
Ossining, N.
168, p. 1950 — were
syndicate composed
Delafield & Wood, of New York of E. H. Rollins &
Sons, Inc., Cof¬
City.
fin & Burr, Inc., and Dominick &
Dominick, all of New York, as
New Providence School District,
2.30s, at a price of 100.288, a basis
New Jersey
Wood, of New York
Offering
Loeb
price of 100.07, a basis
1.47%.
Dated Oct.
15,
a
-
and
inch; $10,000 from 1957
inch; $5,000 from 1961
1964 inch, and $12,000 from
to
as
by the
Marine Trust Co., of Buffalo.
Co.,
Co., and NewCo., all of New
2.40s,
at
a
price
of
Sherwood
burger,
York,
White
16
—
State Treasurer, is required.
Legality to be approved by State
Attorney General and Hawkins,
City,
Bond
G.
J.
Nov.
.
son,
Township, is required. Le¬
gality to be approved by Hawkins,
&
of
offered
1967.
alarm
to 1960
2058—were awarded
p.
Due
1956
con¬
Tilney & Co., of New York,
100.13
a
bonds
1168,
to
^
York
2058—were awarded to
p.
to the
Delafield
13)^
ment
bonds.
$5,000
1956 inch; $5,000
1966 and
fire
61
follows:
as
follows:
$35,000
1948, and due
Bond Sale—The 467,000 build¬
ing bonds offered Nov. 19—v. 168,
$28,000,
certified
on
2%% general refunding coupon
registered bonds.
Dated June
(P. O. Rochester
in
138,000
Bond
Irondequoit Union Free Sch. Dist.
Financing
Scheduled
No. 4 (P. O. Rochester 12),
During the course of his address
5, 1946.
receive
(EST)
1
Co., and
Trust Co., Rochester.
authorized at the gen¬
were
to
IV2S, at
New
Ira
These
,
struction
—v.
City.
composed
Company,
25
South
Street, New York City,
about
or
No.
Sale—The
station
from 1951 to
Wynantskill), N. Y.
Vandewater,
Galloway of
&
,
Greenbush Common School
District No. 4 (P. O.
Bond
Greece Central School District
for
office of the
eral election held of Nov.
Nov. 26 for the purchase of
$40,000
certified
1951
First-Mechanics National Bank of
sive.
1941.
from
Heckler
11
single rate
of interest, expressed in the mul¬
tiple of Vs or 1/20 of 1%. Princi¬
pal and interest payable at the
for
+
Bond
until
July 1, 1948. De¬
$1,000. Due $140,000
nomination
Dated
15
last.
Township
bids
Dated
July
p.
interest funding warrants
on
bonds.
Bond
that semi-annual interest
nounces
sealed
by
40,000 fire
June
1,
be
North
of
(EST) on Nov. 30 for the
purchase of $1,400,000 emergency
housing, series D, Act of 1946
likely.
Lee, N. J.
approved
New York
Offering-—Christopher El¬
issuing Officials,
receive
Delivery
10, 1948.
A certified
$900, payable to the
is required. Legality to
District,
Sykes,
bonds offered
Fort
will
(2169)
credit of the Authority
pledged.
Legality to be
approved by Caldwell, Marshall,
Trimble & Mitchell, of New York.
for
be
J.
and
Dec.
Secretary
William
resulted
in
large measure
from opposition to the transaction
about
by R. H.
Herbert
Signature
1846.
to the
Bidder to name the
interest, expressed in a
of
check
of
Jersey (State of)
will be made
p.
deal
by
made
was
&
Trenton.
issue of $12,400,000 3% and
serial and term bonds to a
an
high bid
Co., and
Co., jointly.
Sims
Dec.
1,
Dec. 1 from 1949
Second
sive.
Sr., of Jersey City,
faith
Co., Geneso.
rate
p.
a.m.
Litigation—
receiver
Dated
on
incl.
100.16 for 2.15s
will
Judge Robert V.
Nov. 15 named Mark
on
Sullivan,
1.98%.
lin,
Court
Sale
Trust
York, or at such other place as
may be agreed with the purchaser
Bond
Bridge
&
multiple of 1/10 of 1%.
to
NEW JERSEY
Jersey
Bank
of the bonds will be made at New
of
100.428 for 3V4S was made
by Rob¬
ert E. Schweser Co.
Burlington County Bridge Com¬
mission (P. O. 'Mount
Holly),
168,
National
CHRONICLE
as
purchased by the Nebraska
State Bank, of Western, as
3V4S, at
a price of
100.571, a basis of about
3.126%. Due Jan. 1, 1969; optional
1, 1954. Second high offer of
16—v.
& Co., Inc., of New York,
2s, at a price of 100.089, a basis
were
Jan.
Nov.
FINANCIAL
1950—were awarded to B. J. Van
1846—
p.
offered
Valley
&
Ingen
Bond Sale—The $35,000
gymna¬
sium bonds offered at
public auc¬
tion on Nov. 5—v.
New
COMMERCIAL
Bond
to
Statesville, N. C.
Offering—W. E.
Easter-
ling, Secretary of the Local Gov¬
ernment Commission, will receive
•
incl.;
1963
$15,000 from 1960 to
incl., and $25,000 from
1964 to
1987 incl.
sealed
Raleigh
bids
at
until
11
his
office
in
a.m.
(EST)
on
Nov. 23 for the purchase of
000
not
to
exceed
6%
$330,interest*
62
(2170)
series
B
general
water
pon
1946.
THE
bonds.
Dated
cou¬
of
The bonds
Nov. 2 general election.
$4,000
from
interest' to
1949
to
be
expressed
1%. Prin¬
a multiple of
xk of
cipal and interest (J-D)
payable
in New York City. A certified
check for $6,600, payable to order
the
State
Treasurer,, is
re¬
quired. Legality to be approved
by Mitchell & Pershing, of New
York City.
NORTH DAKOTA
building
Nov.
bonds
Village School
District, Ohio.
Bond
Offering—B. A. ""Daven¬
port, Clerk of the Board of Edu¬
cation,
until
15—v.
168.
to
awarded
the
on
1950—were
p.
Bank
of
North
Dakota, of Bismarck, as 2V2S, at a
price of 100.16,. a basis of about
2.478%.
due
Dated
Jan.
on
inclusive.
Nov.
1, from
Bonds
on
1948
1968
after
that
on
subsequent
any
and
1951 to
maturing
1959 will be callable
or
1,
date,
interest
made by Piper Jaf-
fray & Hopwood.
Bond
interest
H.
Fiedler,
City Auditor, will receive sealed
bids until 8 p.m. (CST) on Nov.
26 for the purchase of $57,000 not
to exceed 5% interest, municipal
light plant revenue bonds. Due
July 1, as follows: $1,200 in 1949,
$2,400 in 1950 to 1972, and $600
in 1973. Redeemable at the option
of the City, at any interest pay¬
ing date from and after July 1,
1949.
The
City will furnish a
transcript of
the
bond
proceed¬
ings and the executed bonds. The
bonds
are
Revenue
issued
Bond
Law
Chapter 40-35
kota
of
Revised
close
pursuant
certified
a
draft for 2%
bonds
Nov.
Sale
awarded
to
bank
or
of
Hinsch
3s, at
&
price
a
100.555,a basis of about 2.94%.
Dated Oct.
1, 1948 and due on
Dec. 1 from 1950 to 1969 inclusive.
Second high bid
of 100.476 for 3s
made by Pohl
was
& Co., of Cin¬
cinnati.
Campbell City School District,
; ,/'■
Ohio
the
general
by
election
bid of
by
on
Dated- Dec.
15,
Dec. 15 from 1950
Second
high
for 2%s was made
Richards
&: Co.,
of
Cleveland.
Falls
of
under
Ohio
Sale—The
$75,000
build¬
ing bonds offered Nov. 17—v. 168,
1950—were awarded to Braun,
Bosworth & Co., Inc., of Toledo,
as 2.40s,
at a price of 100.279, a
basis of about 2.37%.
Dated Nov.
p^
15, 1948 and due $3,000
ond
1950
to
on
Nov. 15
1974; inclusive.
Sec¬
bid of 101.64 for 2%s
was made
by the Weil, Roth, &
Irving Co., of Cincinnati,
Greenwich Local School District,
Ohio,
Offering
receive
—
A.
sealed
bids
until
(EST) .on Dec. 6 for 1 he pur¬
chase of $30,000 not to exceed 4%
interest
construction
and
im¬
noon
provement
1949.
on
bonds.
Denom.
Dated
$1 000,
May 1 and Nov,
land
Due
1
&
& Co.
Jan.
the
Board
of
the
at
.
Education.
En¬
certified check for $2,200,
a
OKLAHOMA
Blackwell
Bond
to 1964 incl. Interest M-N. A cer¬
tified check for $1,000 payable to
Offering—Glenna
E. Mit¬
chell, District Clerk, will receive
bids until 7 p.m. (PST) on
$550,-
sealed
Nov. 23 for the purchase of
000.
to
not;
school
exceed
5%
interest
Dated Jan.
bonds.
Denomination
$1,000.
1,
1949.
Jan.
Due
School District,
Offering
Okla.
L, A. Burk-
—
$238,000
from
building,
bonds.
1951
to
for
2 %
of
and
$25,000
Due
1959
$13,000 in 1960.
repair
inclusive, and
A certified check
the
amount
quired. These bonds
bid
re¬
author¬
were
ized'at the election held
is
Nov. 9;
on
to
the
Board
Crescent Sch.
Bond
of
Educa¬
tion.
Mogadore, Ohio
2058—were
p.
net
a
Clerk,
bids until
will
(EST)
noon
on
awarded
to
R.
cost of
inclusive.
Oklahoma
E.
M.
City,
bidder, named
1951
Nov. 29
purchase of $7,500 3%
improvement bonds. Dated
Clerk of the Board
est J-D. A certified check for
$100,
payable to the Village, is required.
to
1967
1968.
inclusive
A
the
of
and
certified
$4,000
check
bid
amount
These
is
improvement
1, 1948.
De¬
nomination $2,000, $1,000 and $500.
Due Oct. 1, as follows: 500 in
1950;
$1,000 in 1951 and 1952; $2,000 in
bonds
in
for, 2%
required.
authorized
were
the election held on
Eufaula School
tion, will receive sealed bids until
(EST) on Dec. 3 for the pur¬
Bond
Clerk
Offering
of
will5
the
(CST)
District, Okla.
Jay Pipkins,
of
bids
Education,
until
8
p.m.
Nov. 22 for the purchase
on
of
$25,000 building, repair, equip¬
and
improvement, bonds.
Due $3,000 from 1951 to 1957 in¬
ment
expressed in the multiple of
of
1%.
Interest A-O.
A certified
for
"$150,
payable to the
Board of Education, is required.
Legality to be approved by Squire,
Sandefs & Dempsey of Cleveland:
Bond Offering
George F.
—
Koontz, Clerk of the Board of Ed¬
ucation, will receive sealed bids
(EST)
noon
Dec.
on
1,
of $560,000 2%
bonds.,
coupon
for
con¬
Dated
Dec.
1, 1948. Denomination $1,000.
$28,000 Nov. 1,. from 1950 to
1969 inclusive.
Principal and in¬
terest (M-N) payable at the legal
Due
rates
Bidders to
name
the rate
of interest expressed
$5,600,
A
certified
payable
Board
for
of
Education, is required.
Legality
be approved by
Squire, San¬
ders & Dempsey, of Cleveland.
to
South
Bond
Sale—The
Nov.
8—v.
awarded to
$70,500
bonds
The
1951
street
offered
Ponca
No.
*
Bond Sale—The issue of
school
168,
lows:
'
Nov.
12—v.
1948
and
due
mature
$2,000 from
Citv. School
Okla.
District,
$375,000 build¬
equipment) bonds
ing, repair and
offered Nov.
15—v.
awarded
were
Trust
Qo.i
168,
the
to
the
and
p.
on
12,000
City National
Bank & Trust Co., both of Kansas
about
2.38%.
The
bid
a
re¬
cost
bonds
of
mature
serially from 1950 to 1968 incl.
Pottawatomie
County (P.
Shawnee), Okla.;
'
Bond
Offering
County
until
Clerk,
Nov.
$154,000
23
for- the
Due
Dec.
O.
from 1957 to
The
par
for 3s.
follows:
$15,000 from 1950 to 1959 inclu¬
sive, and $4,000 in 1960. These
authorized at the gen¬
eral election on Nov. 2.
were
Bond*
People's Utility
(Pi O. Newport), Ore.
Sale—The
bonds
enue
lack
$300,000
offered
received
of
Nov.
Mayer.
about
1948
Toledo,
Sale—The
improvement
16—v.
Ohio
$190,000 street
bonds
168,
p.
offered
and
from
on
1847-^-were
ject
1951
to
verse
on
3.315%.
due
to
serially
1970
prior
rev¬
Jan.
Jan.
inclusive.
1,
1
Sub¬
redemption, in in¬
order, beginning
1953.
numerical
Jan. 1,
on
The
occasion
official
concern
bankers
of
and
among
the
effect
age pension proposal approved by
the electorate, at the Nov. 2 elec¬
It
subsequently
was
indi¬
cated that considerable doubt pre¬
in legal
circles as to the
vails
1950 to 1958 inclusive.
is
,
PENNSYLVANIA
Abing.ton Township School Districtn
(P. O. Abington), Pa.
Bond
Offering
Frederick W."
—
Hill,
Secretary Board of School
Directors, will receive sealed bids
until
Jan.
11
$975,000
for
the
election
Nov.
on
and
im-
-
,
These
bonds.
authorized
were
purchase of
construction
provement
bonds-
the
general:,
at
2.
Carnegie,
Pa.
Bond Offering — The Borough
Secretary will receive sealed bids
Dec.
$150,000
2
for
the
purchase of
general
coupon
;
obliga¬
Duryea, Pa.
Offering — John A, \
Kramer, Borough Secretary, will ;
Bond
(EST)
bids
sealed
until
8
p.m.
Dec. 3 for the purchase
on
»
of $50,000 not to exceed
ment
4V2% in- ;
refunding and judg- i
funding bonds;
1948.
Due
Dated Dec.
15,.
;
$1,000.'
Denomination
Dec.
follows: $3,000
1950 to 4965 inclusive, and
from
as
$2,000 in 1966.
Bidder to
name a
1
single rate of interest, expressed !
in a multiple of Vi of 1%. Interest >
J-D.
A certified check for 2% of
.
the
bonds, payable to order of the
Borough Treasurer, is required.
Legality, to . be
approved
by
Townsend,
Elliott
&
Munson,
-
of
Philadelphia.
Erie
constitutionality of the measure as
approved. In any event, the State
Bond
School
Offering
District
District, , Pa.
—
C. A. Sapper,
>
Secretary,
bond issue and will receive sealed
will
receive
sealed bids until 8 p.m. (EST) on:;
bids
for
Dec. 8 for the purchase of
a.m.
(PST)
re-offering the $2,000,000
now
the
obligations
Dec. 7.
on
until
10
Details of
$250,000-;
refunding coupon bonds.
Dated;
1,1949. Denomination $1,000.,;
Due Jan.
1, as follows: $15,000-.
offering follow and, in this
connection, attention is directed to
Jan.
the
from
the
of
fact
that
change
a
with
in
the
the
exception
date
of
the
1, 1948 to Jan. 1,
1949, the provisions
the
are
same
as.those contained, in the first ofr
fering notice;
Dated
tion
Jan.
-
1,
,
,
1949.
Denomina¬
less than .$1,000
not
each,"
as
the successful bidder shall specify.
Due April 1, 1960, subject to oprtional
redemption
the
by
State,
date
thereafter
upon
30
days'
prior published notice of proposed
redemption.
Rate of interest to
be in multiples of *4 of 1
! The
bonds will be delivered complete,
without cost to the successful bid¬
or
at such banking
1951
$14,000
requested to include in his bid
a
statement of the total interest cost
and
effective
interest
aggregate
upon
the
State
bid
bonds
are
provided his
pay,
and
none
be
of" the
called prior to the final
maturity date thereof.
will
based
interest cost that
is; accepted
will
rate
issued
under
Article XIa of the
Constitution of
bidder will be fur¬
Sayre
of Portland, approving
validity of the bonds/ Princi¬
and
interest
payable
Treasurer's
will
be
the
inclusive,
to
and
at
office:
direct
the
The
negoti¬
able
,
payable
to
the District, ' is
re-. quired. Legality to be approved by
Townsend, Elliott & Munson,. of >
Philadelphia..,
,
1
..
St.
•
.
Bond Sale
sanitary
bonds
Marys,
—
Pa.
r
The $15,000 2V4%* ;
system extension-,
Nov, 12—y. 168, p; >
sewage
offered
1847—were
awarded-*
Straub
to:,
made
by Fauset, Steele & CO;
Springfield
;
r
Township
(P. O.
Pa, ."
Springfield),
Bonds
Not Sold—The township
rejected the bids submitted for the
$100,000
funding;, and
bonds
ment
168, p/1951.
Nov.
offered
Nov.
The bo.nds
16—v.
dated
are
1, 1948, and mature
from 1949 to 1968 incl.
on
Nov. 1
*.
•
Strasburg School District, Pa.
Bond Offering—E. Day
Ressler,
Secretary of the Board of School
Directors, will receive sealed .bids
until'
for
8
the
(EST)
p.m.
purchase
provement bonds.
1948.
Dec.
"
Nov.
on
of
30
$25,000- im¬
Dated Dec. 15,
Denomination: $1,000.
Due
,15,, as follows,: $1,000 'from
1950 to
1954,inclusive, and $2,000
from 1955 to 1964. inclusive.
Registerable as to principal
only. .Bid-
est
of
Vg. of, l%.
A
certified
check for
2% of the bonds, payable to order
the
District
y:
.
Treasurer,
>
{
i
;
•
•
improve--:
der to name a single rate of in¬
terest, expressed in a multiple of
thereon, if any, to the bidder
,
Bros.,, of St, Marys,5 at a fprice of:
100.73. Dated Nov. 1, 1948 and due 3
serially over a period of 10 years.;.
Second, highVbid. of-" 100.41; \ya$
general obligation bonds of
the State, and will be sold at not
less than $95, for each $100
par
value thereof and aecrued inter¬
,
r
inclu¬
1967
The bonds
State, and Chapter 403, Ore¬
Laws, 1945, as amended, and
State
1962
1963
name the rate oft;
interest, expressed in the multi- •
pie of Vs- of 1%. A certified check
for 2% of the amount of the bonds*
authority of
nished the unqualified legal opin¬
ion of Winfree, McCuiloch, Shuler
&
to
from
sive. Bidders to
in numerical order, or in their en^
the successful
16—v.
awarded
Dated
to
5.
that
the State's economy of an old-
bonds
&
circles
investment
on
of
100.752 for 3s
Seasongood
in
market
pal
by
were
on
attributed
was
Blyth & Co.. Inc., of Portland, as
3V4S, at a price of 99.28, a basis
made
—
Nov.
on
tenders
,
$5,000 6s. Due Dec. 1, 1949.
46,000 2%s. Due on Dec. 1 from
15,
were
2.80%,
follows:
ceed 2% interest coupon veterans'
welfare bonds for which no bids
Second high bid of
1742
net interest cost of about
as
terest coupon
the
p.
a
making another attempt to market
the issue of $2,000,000 not to ex¬
gon
Lincoln
District
(State of)
Bonds Re-Offered—The State is
the
OREGON
Central
Blyth & Co
Inc., of Portland, at a price of par,
receive
Oregon
•
to
tion bonds.
1959 inclusive.
of Washington was
highest bidder, offering
next
awarded
was
„
improvement
as
1
State
the
12
until
Jan.
on
•
Pendleton, Ore,>
Bond.Sale—The issue of $51,000
improvement bonds offered Nov.
.
purchase of
V
$4,000
the'
in¬
upon
aggregate
the bonds payable to the Director
of Veterans' Affairs.
institution in Portland, as the bid¬
der. shall name.
Each bidder is
Gann,
receive bids
will
Due
der, at Salem,
Lelah
—
school,
bonds.
3s.
tirety, on April 1, 1954, and upon
1951— any . semi-annual interest paying
Commerce
City, in joint account on
flecting a \ net interest
Jan. 1
on
from 1950 to 1956 inclusive.
interest
upon
terest cost upon the issue /com¬
puted "to the final maturity date of
the
issue.
Enclose ' a
certified
check for. 3% of the par value of
fol¬
as
.
$28,000 2%s. Due $4,000
to
Nov.
offered
N. Tripp Co.,-of Portland,
168r
Bond
bonds
$40,000
1951—was awarded to Chas.
p.
Nov. 1 from 1950 to 1969 inclusive.
was
County School District
(P. O. Portland), Ore.
28
bonds from Dec.
Bond Sale—The
Cleveland, as 3s, at' a price of
101.313, a basis of about 2.858%.
1,
4
$10,000
1955. inclusive.
on
168,
p.
1847—were
Field, Richards & Co.,
Dated' Sept.
bonds
to
bonds
Amherst, Ohio
improvement
Okla.
fire department equipment bonds
offered Nov. 16 was awarded to
the Small-Milburn Co.
in the
check
the
to
Mollis,
Bond Sale—The issue of
or
multiple of *4 or 1%. The printed
bonds together with the approving
opinion will be furnished by the
District.
Multnomah
tion.
-—
Board
receive
at
Oct. 19.
1953; $1,000 in 1954 and 1955; $2,000
ip 1.956; $1,000 in 1957 and clusive, and $4,000 in 1958. A cer¬
1958, and $2,000 in 1959. Bidders tified check for 2% of the amount
to name rate or rates of interest, bid is required.
„■
until
of Portland.
net rate of 2.13%.
a
of
based
agency of the
York
City. A cer¬
is required.
Legality to be approved by Winfree, McCuiloch, Shuler & Sayre
Clohessy,
high
the
check
in New
State
second
Cushing School District, Okla.
Bond Offering—W. A. Giorda,
of Education,
Dec. 1, 1949.
Denomination $750.
will receive until 7 p.m.
Due
(CST)
$750 Dec. 1, from 1950 to
on
Nov. 22 for the purchase of
1959 inclusive.
Bidders to name
$140,000 building; and improve¬
rate or rates of
interest^expressed
Due $8,000 from 1951
in the multiple of % of 1%. Inter¬ ment bonds.
for
street
at the i iscal
or
J.
2.09%.
$11,000! annually from
1958
of
interest
rates
bonds,
as
tified check for $5,000
Edwards, Inc., of Oklahoma City,
to
Lutz, Vil¬
receive sealed
Dist.^ Okla.
$88,000 build¬
ing bonds offered Nov. 16—v. T68,
Due
Bond Offering—L. G.
Sale—The
offering the lowest effective rate
or
000 in
fice
halter, Clerk of Board of Educa¬
tion, will receive bids until 8 p.m.
(CST) on Nov. 29 for the purchase
ah
lage
Sale —The
$93,000
improvement bonds offered
expense
1,
1950
Bond
&
be furnished
$1,000
from
County Sch. Dist. No. 5
(P. O. Ashland), Ore.
1,!
-
Additional
of
R.
Dove,
Clerk of the Board of Education,
will
issu¬
supervision of Squire,
Dempsey, of Cleve¬
whose
approving opinion
high
Bond
470.
the
the
Sanders
tion.
'
from
2,
The
of the bonds have been taken
ance
of
Nov.
depository of the Board of Educa¬
Township Local Sch. Dist.,
Bond
au¬
Salem Citv School District, Ohio
101.29
Field,
the
on
2,106 to
looking to
vote
a
proceedings
struction,
inclusive.
under
The
the bonds authorized at
the purchase
197b
worth
of
Co., Inc.; Braun,,, Bos¬
Co., and Ryan, Suther¬
equipment
are
of
1948 and due
&
by a
Stranahan,
Monday, November 22, 1948
Jackson
basis
a
Second high bid
composed
group
Harris
These
Bond Sale—The $334,000 build¬
to-
1950 to 1954 incl.
of
ing bonds offered Nov. 15—v. 168,
p. 1846—were awarded to Assel,
Kreimer & Co., of
Cincinnati, as
2%$ at a price of "101.39/ a. basis
about 2.61%.
price of-100.16,
a
of 100.068 for lV^s was made
noon
1951—were
Charles A.
as
issued
are
delivery.
chase of $12,500 3%
bonds.
Dated Dec.
p.
y/2sy at
hill, Clerk of the Board of Educa¬
in
—
Co., of Cincinnati,
of
En¬
check
168,
of bid and accrued
date
Da¬
improvement bonds offered
12—v.
to
1943.
Bainbridge, Ohio
The $15,000 water
Bond
works
CHRONICLE
of about 1.46%. Dated Dec. 1, 1948,
and due $38,000 on Dec. 1 from
the
North
of
OHIO
4
the
state
Nankin Local School District, Ohio
Bond Offering — W, W. Barn-
the bid.
of
must
tp the
contained
the
Code
as-
thority of the Uniform Bond Act.
close
Offering—W.
FINANCIAL
awarded to Roose & Co., of Toledo,
and accrued
par
bids
gross amount
payable
Cavalier, TV: Dak,/
than
All
number of bonds bid for and
land,
was
bids
noon
not less
will
for 3.40s
sealed
&
follows: $48,000 in 1952; $49,1953; $51,000 in 1954; $52,000 in 1955; $54,000 in 1956; $55,Interest M-N. Dated Dec. 1, 1948,. sewer
000 in 1957; $57,000 in 1958; $59,Denom. $1,000. Due $4,000 May 1, at the same time were awarded to
and $5,000 Nov. 1, 1950 to 1969; the Ohio Co. of Columbus, as IVjS) 000 in 1959; $62,000 in I960;;, and
and $5,000 May and Nov. 1, 1970 at a price
of 100.22, a basis of $63,000 in 1961. All bonds matur¬
Dated Dec. 1, 1948, ing on or after Jan. 1, 1955, are
to
1973: Bidders may bid for a about 1.44%.
and due on Dec. 1 from 1950 to subject to call and redemption at
different
rate
of
interest
in
Second
high bid of par on Jan. 1, 1955, or on any in¬
multiples of Vt of 1%. Principal 1954^ incl.
1 Ws
paying
date
thereafter.
was
made
and interest payable at the
by terest
Old 100.152 for
Principal and interest (J-J) pay¬
Phoenix Bank, Medina. The bonds Roose & Co., of Toledo.
able at the County Treasurer's of¬
will be sold to the highest bidder
terest.
high bid of 100.18
receive
(EST) on Dec. 6 for
the
purchase
of
$220,000
3%
building and equipment bonds.
payment date, to inverse numeri¬
cal order, at par and accrued in¬
Second
will
interest.
offered
authorized at the
were
Medina Exempted
at
Bottineau, N. Dak.
Bond Sale—The $63,000 munici¬
pal
District, is required,
1,
1,
in
of
the
Dec.
1951 incl.-; $6,000 in 1952 and
1953;
$4,000, 1954; $6,000 1955- $4,000,
1956; $6,000, '1957; $16,000 from
1958 to 1963 incl:; $15,000 from
1964 to
1971
incl., and $10,000
from. 1972 to 1978 incl: Registerable as to principal only. Rate or
rates
order of
$1,000. Due Dec.
Denom.
follows:
as
obligation
COMMERCIAL
..
is.
1
"
f
re')
;
Volume 168
quired.
Legality to be approved
by Townsend, Elliott & Munson,
of Philadelphia.
SOUTH CAROLINA
Greenville School District, S. C.
Bond Offering
J. B, League*
Chairman of the Board of Trus¬
tees, will receive sealed bids until
11 a.m. (EST) on Dec. 1 for the
purchase of $1*500.000 not to ex¬
ceed 6%
interest school coupon
bonds.
Dated
nomination
Jan.
2, 1949.
De¬
Due $75,000
$1,000.
Jan. 2 from 1950 to 1969 inclusive.
Principal and interest (J-J)
1
pay-
able at the Central Hanover Bank
& Trust
to
Co., New York. Bidders
the rate or rates of in-
name
j terest, expressed in the multiple
<?f Vs or 1/10 of 1 %. The success¬
ful bidder will. be. furnished the
,
approving opinion without charge.
Deljivery of the bonds will be
in Greenville, or in New
;York City, at the option of the
purchaser, on or about Jan. 2,
11949. A certified check for $10,000,
mayable to the District, is required.
Legality to be approved by Reed,
:Hoyt & Washburn, of New York
City.
*imade
Mcncks
Bond
000
C.
Corner, S.
Sale—The
Nov.
Varnedoe,
16
awarded
was
Chisholm
Savannah
Co.
&
Courts
and
Co.
&
to
of
of
Atlanta, jointly.
SOUTH DAKOTA
kelman, Town Clerk, will receive
sealed bids until 8 p.m. (CST) on
Nov. 22 for the purchase of $5,000
3%
water
works
Dec. 1, 1948.
bonds.
Dated
Denominational,000.
Due Dec. 1, 1953, optional on any
interest payment date.
Principal
and interest (J-D) payable at a
bank to be designated by the pur¬
chaser. A certified check for 10%
of
bid. payable to the Town Treas¬
urer, is required.
Pierre, $. Dak.
Bond Offering—J. W. Ihli,
City
Auditor, will receive sealed and
oral bids until 8 p.m. (CST) on
Nov. 30 for the purchase of $320,000 not to exceed
3% interest
bonds, divided as follows:
1957
from
to
incl.;
1960
$10,000 from
196i to 1964
incl.; $5,000 in 1965, and $6,000 from 1966 to 1968 incl.
Due Dec.
bonds.
prevention
fire
120,000
1, as follows: $5,000
to 1964 incl,, and
1949
from
$10,000 from 1965 to 1968 incl.
50,000 street improvement bonds.
Due Dec. 1, as follows: $2,000
from 1949 to 1958 incl., and
$3,000 from 1959 to 1968 incl.
Dec.
Dated
f
v
Bond Offering — J. M. Taylor,
County Judge, will receive sealed
bids until 11 a.m. (CST) on Dec.
1,
1948.
purchase of $65,000 not
3% interest highway
bonds.
Dated Nov. 1, 1948.
Due
Nov. 1, as follows: $2,000 in 1949
to 1953, $4,000 in 1954 to 1958, and
$7,000 in 1959 to 1963. Said bonds
shall be general obligations of the
County and principal a id interest
thereon will be payable at the
office
of
the
County Trustee.
interest
any
'.thereafter.
(J-D)
,
ddte
date
and accrued interest on said
and
bank
payable
or
name
est and
fered.
with
payment
at
any
suitable
trust company designated
the rate
or
Bidder
rates of inter¬
the premium,
if
any,
of¬
The printed bonds together
the
legal opinion will be
furnished by the city. A certified
check for 2% of the amount bid
for is
bonds will
These
issued
be
sub¬
required.
000 in 1967 and 1968.
All of the bonds
are
dated-Dec.
Interest J-D. Denomina¬
tion $1,000.
All of said bonds ma¬
turing in 1959 to 1968, are op¬
tional on and after Dec. 1, 1958, at
par and accrued interest.
Prin¬
cipal and interest payable at the
Mercantile National Bank, Dallas.
1, 1948.
ject to the approving opinion of
These
bonds authorised
at
the
Chapman & Cutler of Chicago,
election held on Oct. 26; consti¬
which opinion together with the
tute direct and general obliga¬
completed
bonds - will be fur¬
tions of the entire City, payable
nished to the
successful bidder
The successful bid¬
without cost.
der will be required to
deposit a
$1,300, pay¬
able to the County Trustee.
certified
check
for
Sparta, Tenn.
from
ad
valorem
taxes
levied
against all taxable property lo¬
cated therein, within the limits
prescribed by law.
Legality ap¬
proved by McCall, Parkhurst &
Crowe, of Dallas.
Bond Sale—The
$100,000 bridge
Sequin Indep. Sch. Dist., Texas
right-of-way
bonds
offered
on
Bond Sale—An issue of $218,000
Nov.
16—v.
168, p. 1848—were
awarded to a group composed of coupon school house bonds was
awarded on Nov. 12 to an account
the Temple Securities Corp.; Jack
M. Bass & Co., and the Cumber¬ composed of Rowles-Winston &
Co.,
and Eddleman-Pollok
Co.,
land Securities Corp.
v all of Nash¬
both of
Houston, at a price of par
net in¬
terest cost of about 3.31%. Dated plus a premium of $226.82, equal
to 100.104, or a net interest cost of
Sept. 1, 1948, and due on Sept. 1
2.884%, as follows:
from 1951 to 1971 incl.
ville,
on a
bid reflecting
a
$137,000 2%s. Due on Nov. 15, as
follows: $5,000 from 1949 to
1952 inclusive;
$6,000, 1953;
Sullivan County
Blountville),
(P. O.
Tenn.
Bond Sale—The
$1,100,000 cou¬
bonds offered Nov. 15—v.
168, p. 1634—were awarded to a
syndicate composed of Equitable
pon
Securities
Corp.,
of
Nashville,
&
Co.,
Chicago,
Harrison; of Cincinnati^
& Gibson, of Nashville,,
Bankers Trust Co., of
John
Nuveen
Breed
&
Webster
Fidelity
Knoxville,
Union
Planters
Na¬
tional Bank & Trust Co., of Mem¬
phis, Jack M. Bass & Co., Her¬
mitage Securities Corp., and the
Temple Securities Corp., all of
Nashville, at a price of 100.023, a
net
as
interest cost
of
about 2.42%,
follows:
$1,000,000 school bonds for $750,1 from
1957
to
1959 inclusive, and
$250,000 2V4s, due on Nov. 1,
These bonds were
$5,000, 1954; $6,000, 1955 and
1956; $7,000, 1957 to 1960 in¬
clusive; $6,000, 1961; $7,000,
1962; $8,000, 1963; $7,000, 1964
to 1966 inclusive; and $8,000
on
July
Dated Jan. 1,1949. Rate or rates
of interest to be expressed in the
or 1/10th of 1%.
requested to bid on
non-callable bonds. Separate bids York. A certified check for 2%
will be received for water works, of the bonds bid for, payable to
sewer and airport bonds.
A certi¬ order of the State, is required.
fied check for 2% of the principal Legality to be approved by Cald¬
amount of bonds bid,"payable to well, Marshall, Trimble & Mit¬
the city, is. required. Legality to chell, of New York City.
be approved by Vinson,. Elkins,
Weems & Francis, of
Houston.
*
WASHINGTON
Any bid may provide that the pur¬
Clark County School District No. 48
chase of the bonds shall be subject
(P. Q, Vancouver), Wash.
to the unqualified approving opin¬
Bonds Sold—An issue of $8,000
ion as to legality by the pur¬
2V4% school bonds has been sold
chaser's
attorneys, the
cost of
which shall be paid by the pur¬ to the State of Washington, at a
Bidders
are
price of par.
chaser.
Colfax, Wash.
Wharton
County (P. O.
Wharton), Texas
Bond Offering
Bond
based
If
interest
on
rate
pon
or
registered
bonds offered Nov.
16—v.
168, p.
lorem
taxes
on
district's
Net Int.
Cost
Dallas Union Trust Co.
_2.9133%
Roanoke,
Bond
Roe &
2.9176%
Dittmar & Co. and
about 2.94%.
and
due
on
Dated Dec.
Dec.
1
from
1, 1948
1949
to
197i inclusive.
Fabens
Indep.
District,
T exas
Bond Sale—The $115,000 school
bonds offered Nov.
15 —
house
Company,
Rotan,Mosle&Moreland
as
follows:
from
15
1950 to
1958 inclu¬
Second high bid of par for
2.15s
was^made
by the
State of
Washington.
WISCONSIN
Grant
(P. O.
Wis.
County
Lancaster),
Bond
Offering
Alonzo
Aupperle, County Clerk, will receive
sealed
bids
—
until
11
a.m.
(CST)
purchase of
$1,100,000 not to exceed 5% in¬
terest non-taxable highway im¬
provement, series E bonds. Dated
June T, 1946. Denom. $1,000. Due
May 1, as follows: $75,000 from
1953 to 1965 incl., and $125,000
in
1966. Principal and interest
(M-N)
payable at - the County
Nov.
on
26
the
tor
WYOMING
will receive
(EST) on
Dec. 1 for the purchase of $1,100,000
permanent
public
im¬
provement coupon or registered
bonds, divided as follows:
incl.
& Son____ 2.93865%
1954 to
1978
incl.
Dated Dec,
1, 1948. Denom. $1,000. Principal and interest pay¬
able at the City Treasurer's office,
the
multiple of %. of 1 %. The
printed bonds together with' the
approving opinion will be fur¬
nished by the City. Delivery of
a
bonds
the
successful
facturers
and
Emerson, Roche & Dunn
2.9521%
Rauscher, Pierce &
100,000 airport.
Trust
Manufacturers
Company, New York City, at the
option of the holder. Bidder to
name a rate of interest expressed
Dewar, Robertson&
Pancoast
Bond Offering
Town
will
made
be
bidder
at
the
the
to
Manu¬
Trust
Company, New
York City. A certified check for
$22,000, payable to the. City, is
required. Legality to be approved
by Wood, King and Dawson, of
New York City.
West
Virginia
Offering
addressed
the
1
(State
—
to
exceed
interest water ex¬
Jan. 1, from 1959 to 1968 inclusive.
time after Jan. 1,
in inverse numerical order.
1959,
Principal and interest
(J-J) pay¬
able at the Stock Growers Nationr
al Bank, Cheyenne, or at other
satisfactory place suggested by the
purchaser. The printed bonds to¬
gether with the legal opinion will
be furnished by the Town. Legal¬
ity to be approved by some marr
ket
bond attorney. These bonds
authorized
were
election held
Park
Governor
to
Bond
fully registered, bonds of $1,000
and $5,000 denom. Due $80,000 on
Dec. 1, from 1949 to
1973 incl.
expressed in
a
of
interest
the
2.
general
Sch. Dist.
Wyo.
Offering—C. W. Richard,
Superintendent
Schools,
of
will
bids until Jan. 10 for the
receive
purchase
of
$125,000
building
bonds.
New
to
be
multiple of y4 of
Price
3V4%
Paid
headed
price
(Province
The
fund
offered
by
of)
$5,500,000
debentures
a
syndicate
by the Dominion Securi-i
Corp.,
of
viously noted
were
—
sinking
publicly
ties
BRUNSWICK
Brunswick
Clarence
Dated Dec. 1, 1948. Coupon bonds
in $1,000 denom., convertible into
rates
at
Nov.
on
County Powell
(P. O. Powell),
NEW
bids
p.m. (EST) on Nov. 23 for
purchase of $2,000,000 not to
4% interest road bonds.
or
4%
tension bonds. Dated Jan. 1, 1949.
Denomination $1,000.
Due $4,000
of)
Sealed
exceed
Rate
sealed
CANADA
W. Meadows will be received un¬
til
J. P. Costlow,
until 5 p.m. (MST) on Nov.
23 for the purchase of $40,000 not
WEST VIRGINIA
Bond
—
will receive
Clerk,
bids
Callable at any
500,000 series C bonds. Due Dec.
1, as follows: $15,000 from
1949 to 1953 incl., and $17,000
at
Lush, Wyo.
Clerk,
$600,000 series B bonds. Due $20,000 Dec. 1, from 1949 to 1978
in
2.92216%
Fridley & Hess and
Dallos Rupe
v.
Antonio,
Dec.
sive.
Moor¬
K.
sealed bids until npon
Central Investment Co.
School
Banjc
Spokane, as 2s, at a price of
100.208, a basis of about 1.96%.,
Dated Dec. 15, 1948 and due on
Va.
Offering—M.
City
man,
or
Russ & Co. and
First Southwest Co
of San Antonio on a bid
flecting a net interest cost
of
of
taxable
from
1848—were awarded to Dittmar &
re¬
awarded to the Old National
the
property
Bidder—
$125,000 cou¬
school house
—
,
County A. & M. Consol.
Indep. School District (P. O.
Sale—The
The $60,000 gen¬
obligation bonds offered on
Nov.
15—v.
168, p. 2060—were
rates.
or
Sale
eral
Irving Moore,
Jr., County Judge, will receive
sealed bids until 10 a.m. (CST) on
Nov. 24 for the purchase of $3,250,000 road, series of 1948 bonds.
Dated Dec. 10, 1948. Due March
10, as follows:: $200,000 in 1950;
$215,000 from 1951 to 1960 inclu¬
sive; $100,000 from 1961 to 1968
inclusive, and $100,000 Dec. 10,
1968.
The bonds are optional at
par and accrued interest 10 years
from their date and on apy in¬
terest paying date. Alternate bids
will be received for the purchase
of one-half of these. bonds, with
one-half the respective amounts
maturing on each maturity date,,
except for the years 1951 to 1960;
$107,000 will mature on each odd
numbered year and $108^000 on
each even numbered year.
Com¬
petitive bids will be
received
—
Brazos
College Station ), Texas
1%. Principal and interest (J-D)
payable at the State Treasurer's
oftice, ■ or at holder's option, at
the National City Bank of New
multiple of l/8th
tenders:
Bond
62
—
Co. and
168, p. 1848—were awarded to
authorized at the election held on
Dittmar
&
2.9615%
Co.,
and
Emerson, First of Texas Corp.
Oct. 19. Legality to be approved
Roche & Co., both of San Antonio, Edward T. Volz & Co.
by Faegre & Benson, of Minne¬
jointly, at a price of 10.136, a net Columbian Sec. Corp. and
apolis.
interest cost of about 3.28%, as R. J. Edward, Inc
2.9788%
follows: $104,000 3y4s, due on Dec.
R. K. Dunbar & Co. and
TENNESSEE
10 from
1949 to 1976 inclusive,
Giles County (P. O. Pulaski),
and $11,000 3V2S, due on Dec. 10, McClung & Knickerbocker 3.027 %
Tenn.
1977
and
1978.
The bonds are Moroney, Beissner & Co.
3.0451%
Bond Sale—The issue of $250,- callable in 10 years and are dated
Waco, Texas
000 series of 1948 hospital bonds Dec. 10, 1948.
Bond
offered on Nov. 10 was awarded
Offering—R. C. Hoppe,
Rockdale, -Texas
to the Equitable Securities Corp.,
City Manager, will receive sealed
and Webster & Gibson, both of
until
Bonds Sold—An issue of $120,- bids
7:30 p.m.
(CST) on
Nashville, jointly, at a price of 000 water works and sewer im¬ Dec. 7 for the purchase of $1,300,100.016, a net interest cost of about provement and extension bonds 000 bonds, divided as follows:
2.17%, as follows: $30,000 as 21/4s. was
purchased
re c.ently
by $800,000 water works, rev. bonds.
due on July X from 1949 to 1951
Rauscher, Pierce & Co.,' of San
400,000 sewer improvement.
inclusive; $100,000 2s, due
(2X71)
County sells
the entire
$3,250,000 bonds, they will not be
eligible for purchase by the State Treasurer's office. Bidder to name
Board of Education, but if it sells a
single rate of interest in a
from 1967 to 1969 inclusive.
only one-half these authorized multiple of y4 or 1/10 of 1%. The
81,000 3s. Due Nov. 15, as fol- bonds, that half will be eligible purchaser is to furnish the printed
lows: $9,000 .in 1970; $10,000 for. purchase by the State Board bonds at his own expense.
These
of Education, if the interest rate
from 1971 to 1975 inclusive,
bonds are the last portion of a
Delivery con¬ total authorized issue of $2,100,and $11,000 in 1976 and 1977. is 2 V2 % or more.
templated within 60 days from 000, which total issue matures
All of the bonds are dated Nov.
date of sale.
A certified check $150,000 May 1, from 1953 to 1966
15, 1948.
Denomination $1,000. for 2% is
required. These bonds incl. A certified check for $25,000,
Principal and interest (M-N) pay¬ were authorized at the
general payable to the County Treasurer,
able at the Mercantile National
election held on Nov. 2. Legality is required.
Legality to be ap¬
Bank of Dallas. First coupon pay¬
to be approved by some recog¬
proved by Chapman & Cutler, of
able Nov. 15, 1949.
The bonds are nized market
attorney.
Chicago, and Attorney-General of
direct and general obligations of
the State.
the district, payable from ad va¬
VIRGINIA
within the limits pre¬
scribed by law, and were author¬
1960.
ized by the voters at an election
100,000 road bonds, series of 1948, on
March 11, 1947.
Legality to
were sold as 2y4s.
Due Nov.
be approved by Dumas, Huguenin
l, 1956.
■
■,
& Boothman, of Dallas. The un¬
All of the bonds are dated Nov.
derwriters, Rowles-Winston & Co.,
1, 1956.
Although the First Na¬ and Eddleman-Pollok Co., made
tional Bank of Memphis, and As¬
public re-offering of the bonds at
sociates, bid on a 2.39% net in¬ prices to yield from 1.25% to
terest cost basis, the offer was
2.90%, according to maturity. The
disqualified.
following is a list of the unsuc¬
cessful bidders and the respective
net interest cost provided in the
TEXAS
Principal and interest Co.,
by the successful bidder.
to
exceed
to
(maturing after Dec. 1, 1958, shall
»be subject to redemption at par
*
from 1960 to 1963 inclusive.
43,000 3s. Due on Dec. 1, as fol¬
lows: $6,000 in 1964; $8,000,
1965; $9,000 in 1966, and $10,-
6 for the
bohds
All
32,000 2%s. Due $8,000 on Dec. 1
-
000 2%s, due on Nov.
$150,000 water works bonds. Due
Dec. 1, as follows: $5,000 from
1949 to 1951 incl; $6,000 in
1952; $7,000 in 1953 and 1954;
$8,000 in 1955 and 1956; $9,000
FINANCIAL CHRONICLE
1 from 1952 to 1958 inclusive, and $45,000 3s. Due on Dec. 1, as fol¬
lows: $1,000 in 1950; $3,000 in
$120,000 2y4s, due on July 1 from,
in 1951 and 1952; $4,000, 1953
1959 to 1964 inclusive.
to 1955 inclusive; $5,000, 1956,
Marshall County (P. O.
and $7,000 from 1957 to 1959
Lewisburg), Tenn.
inclusive.
Corsica, S. Dak.
Offering—-Fred H. Breu-
Bond
&
COMMERCIAL
,
of
issue
$20,improvement bonds of¬
sewer
fered
TOE
Number 4753
Toronto,
in
v.
as
168,
pre¬
p.
1952*
purchased by the group at
of
3.509%.
97,
a
basis
of
a
about
"H
C4
THE
(2172)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, November 22, 1948
li
BELIEVE fTOR MOT
HOPE-HAS AN
INTELLIGENT
says
'
IDEA!
CROSBY
ceos&yy
Folks, this is fantastic, but old Hope has a great
idea. He thinks everybody ought to
give U. S.
Savings Bonds for Christmas presents!
Hope:
■.
'Thanks for the kind words, son. But-no
ladies and
kidding,
gentlemen, those Bonds are sensational.
They're appropriate for anyone on your list. On
Christmas morning,
nothing looks better in a
stocking—except maybe Dorothy Lamour.
crosey:
Old Ski Nose is correct. And don't forget how easy
it is
or
to
buy bonds—you can get 'em at any bank
post office.
hope :
How
about
*
it, Mr.
and
Mrs. America? This
Christmas let's all give U. S.
Savings Bonds!
U.S. SAVINGS BONDS
Contributed
by this magazine in co-operation with the Magazine Publishers of
America
as a
public service.
@FedFRASER