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'i

ftOM.

■.

UBfcASY

MONDAY

Reg. V. 8. Pat Office

Volume

168

Number 4755

New

Price 75 Cents

York, N. Y., Monday, November 29, 1948

Copy

a

GeneralCorporationandlnvestmentNews
RAILROAD

Steel

Acme

Co.—Secondary

PUBLIC UTILITY

-

Offering—A

secondary
(par $10)
was
effected Nov. 23 by^F. S. Moseley & Co., A. G.
Becker & Co. and Blyth & Co., Inc., at $47yg per share.
Dealer's discount $1.50.—V. 168, p. 2001.

Nine Months Ended Sept.

dividends

Cash

in

Dividends

1948

30—
—

—

Interest
The

company Is inviting sealed, written proposals for the purchase
of 812,000,000 first mortgage bonds. Such proposals are to be
presented to the company, at the office of the service company,

from

1,707

bank

on

for

Provision

Commonwealth

5, N.

Southern

&

Y., before 11 a.m.

Corp.

(EST)

(New

York),

Dec. 7.—V.

York

New

A

dividends-.

B

1948—3 Mos.—1947

'•

$ *
Total

.ProV.

Fed.

for

Consol.

$'

,j"

'

'

94,823,317

85,028,675

190,150,813

2,348,299

8,432,421

•Before
in

171,755,258

1947.

i

435,291

!

$208,261

SHEET, SEPT.

30,

*730,000

3,200,000

*1,480,000

1,618,299

5,232,321

4.685,703

investments,

2,062.722

2,073,907

2,062.722

$0.69

$0.95

$2.08

$2.34

book

average

of

July 31—

1948
$

Total net sales

before

Profit

Prov.

for

LIABILITIES—Note

the

23,064,181

21,712,325

taxes

on

income

*8,894,179

*8,205,000

amounts

payable

13,507,325

13,981,728

$6.46

$6.16

$6.32

(Sept.

bank,

to

profit-

Code

1947;

The

basis

on

follows:

as

$1,570,000

'taxes

Federal

of

carry-back

$420,000

the

for

income

on

six

provisions
three

the

for

and

after

is

twelve

,

permit

of

Ohio
It

ended

1948.

due

1948

30,

market

2003.

p.

quota¬

American Power & Light

April

1950,

1,

(& Subs.)—Earnings—-

1S48

1947

$2,300,000;

income-—_ $16,865,374 $12,019,603

$8,468,558

$6,530,506

gecphvsical, geo¬
logical & admin, exps.,
rentals,

taxes,

6.657,771

.

Operating

provision

for

For

taxes,

par), $2,504,110; capital surplus, $4,838,930;
to April 30, 1933), $9,393,210; total, $19,-

income

Income

000

—

—-

4,799,864

$10,207,603

3,398,412

$7,219,73.9

260,751

242,478

—

income

$10,468,354

Intang. drilling:
velop.

and

Issuable

2,382,957

$5,070,146
132,524

full

shares

300,000
of

stock

Co.

:

of

500,000

Period

authorized

for

company

\ '.

.

and

unissued

details

in

V,

authorized
in

order

common

to

168,

conversion

of

preference

shares.

2002.

p,

$7,462,217

Profit :* on

au¬

•

American Light &

Traction Co.—Secondary

'

Distribu¬

tion—Morgan Stanley & Co. completed Nov. 18 a second¬
ary distribution of 25,000 shares of common stock (par
$25) at $197/g per share, with a dealer concession of 65b
a share.—V.
168, p. 2109.

3,602,514

2,485,284

$2,717,386

$1,427,366

$3.64

$2.45

$1.72

was

October,

announced

Waiter

and

Nov.

on

that

ton

carried

Airfreight

broke

alone

records

for

high

the

month

carriage
in

of

cargo

Vice

of

in

mail,

with

compared

October

American
reached

President

September,

ft

3,450,679
1947.

Airlines

ton

These

overseas

charge

and

express

of

sales,

Airfreight

miles

figures

in

was

Air

In

express

to

September

exclusive

are

October.

in

Air

mail

rose

from

736,644

ton

miles

September to 773,364 last month.
The

,

jumped nearly 50,000 ton mnes, from 479,289 in Septem¬

526,764

fleet

to

DC-4

70

North

and

Airfreighters
planes

cargo

American

Century—Fox

&

Foreign

Film

to
to

stations.—V.

Corp.

below.—V.

Power Co.

Curb

U.

S.

supplement

bring
168,

air
p.

its

cargo

2109.

168,

p.

Stock

--13

——24

Earns,

Exchange

Pittsburgh
St. Louis
San

Stock

Inc.—Reorganization

Montreal

Stock

Exchange

Montreal

Curb

Exchange

to

the

U. S.

Court of Appeals,

recently gave sanction

SEC.—V.

168.

on

or

to

Markets

this

'

Established

State and City

Light

The Course

No

Stock

of Bank

Declared

& COMPANY

$60

24

Exchange

24
33

*

OLDEST

INVESTMENT




p.,

declared

extra

an

dividend

distribution

made

was

of

the

on

cents per

75

stock

common

'

915.

Buy Stock—

has

appropriated $100,000 for the purpose of pur¬
shares of its preference stock for cancellation and
,

.

fill

tenders

in

per

the

and

mail

and

shares

of

The

will

be

of

such

stock

preference

transmittal

National

Bank

Jersey

considered

by said
Tenders made

have

been

unless

agent
at

the

blank
of

City,
made

and

Jersey

N.

forward

City,

it

agent

52

and

—44

Payable

Rates-

_44

;

the

on

such

a

transmittal

at or before 3:00 p.m. (EST).
lowest prices (but not exceeding

will be accepted up to an amount sufficient to exhaust
appropriated,
provided,
however,
that
the corporation
right, in its discretion, to reject all tenders.

asset

value,

the

basis

for

the

of

of the close of business on Nov. 18, 1948,
market values, of the securities owned,

as

on

of

cost

outstanding
$63.50

of

selling

preference
share.

per

such
stock
The

securities,
of

total

the

applicable

to

168,

Federal

Reserve

SU 464

HOUSE IN

'

■

UTAH

I

'I

'

' Z

'• "

::

'

I
t*

ry

System———:
'

.

„

t

\..

St. Louis Listed and Unlisted Securities
Edward D. Jones & Co.

<•

,

.

'

"

• •

^

'

/.

Members
New

St.

"

'
„

.

1871

300 North 4th St., St. Louis 2, Missouri

—44
*

each

corporation was ap¬
of the preference

of liquidation of the corporation was, as of Nov. 1, 1948,
share plus $99.50 of dividend arrears, or a total of $199,50.
p. 1138.
.

Established

44

com¬

after

claim

in case
per

Statement of Federal
—

by
foi

J.

share)

deduction
share

the

Exchange Place,

received,

funds

reserves

puted

execute

to The First

1

1948.

30,

—V.

Condition Statement of Member Banks of

Salt Lake City 1

System Teletype

income, etc.

Clearings————43

Banks

•

Bell

24

No, extra

tenders

blank

Section——41
-42.

-

Offerings-—

Bond

Exchange

Reserve

1899

„

Nov.

cn

166,

purpose,

Nov.

Redemption Calls and Sinking Fund Notices--44

Combined Condition
"

taxes on

from

$100

Foreign

S. Main Street

depletion,
,

for cash,

registered

Miscellaneous Features

Dividends

160

depreciation,

General Corporation & Investment News_Cover

Specializing in

EDWARD L. BURTON

$8,59

the
holders
thereof
at
prices not to exceed $60 per
prices shall include all accrued and unpaid dividends
such stock.
Holders of preference stock who desire to tender all
part of their holdings of such stock for purchase by the corporation

stock

Boston. Federal Judge John D. Clifford,
It had been approved by the

Utah Power <5*

2.

proximately

the plan.

$3.41

which

should

—39

Exchange

Stock and Bond Averages—

2109.

p.

taxes,

corporation

invited

were

Jr.,

1

share

12,220,652

$9,838,094 $25,215,885

quarterly dividend of 50 cents per share on the
together with the regular quarterly dividend of $1.50
the preferred stock, all payable Jan. 3 to holders of

on

Dec.

1948.—V.

share,

38

Exchange

Transactions New York

4,036,892

(est.)

usual

Accordingly,

—36
36

Transactions New York Curb Exchange

Appeals from the Federal District Court's approval of reorganization
filed at Portland, Me., Nov. 12. The action will take the case

the

stock,

chasing,

37
38

Over-the-Counter

income

American Superpower Corp.—Offers to

36

Exchange

Toronto Stock Exchange—Curb

Appealed—

directors

and

The

--35

Exchange——

Stock

on

1

corporate

share

per

in

-35

Stock Exchange

Stock

taxes

--35

;

Stock Exchange—

Francisco

foreign

retirement.

Stock

241,440
3,339,567
356,287»

1,087,070

—-

-

85,180

..

168, p. 1138.

35

—.

Exchange

Detroit Stock Exchange

Philadelphia

taxes

smelting, refining and manufacturing plants, from sales
metals, by-products and manufactured products, and from treatment
metals of others, before deducting administrative and general ex¬

34

Stock Exchange

Los Angeles

,

337,733" ;V 751,10"

—

—

per common

34

Stock

business

new

-34

-

_.

Cleveland

expenses-

exam.,

156,781

$16,535,813 $44,973,055
998,724
2,848,117

_

—

3,0*72,901

mines,

record

29

Exchange

Cincinnati

—

income

share

(Bonds)

Chicago Stock Exchange

Toronto

437.

and

Net

The

(Stocks)

Exchange

Stock

,

Broadcasting Co., Inc.—Control Sought—

Twentieth

American

14

passenger

than

more

American
See

using

combination

of

service

is

company

York

Baltimore

mine

etc.

399,780
V

>4.

,

1,463,^95
Drl3,642

152,121

common

Exchange

routes.

new

a

New

__L,

general

research,

Depreciation

Quotations

Stock Exchange

Stock

;

,

Depletion

penses,

Page

Boston

in

peak of 2,474,690 ton miles
in
October, an increase of more than a quarter-million ton miles over
September.
Airfreight shipments totalled 5,394,660 pounds.
ber

•

9 Months

American Snuff Co.—Declares 75-Cent Extra Dividend

Stock and Bond

New York

15.

aggregate

miles

on

its

record

a

Assistant

the

miles,

ton

3,082.915

of cargo

again

following

Sternberg,

3,774,818

year.

$41,343,593

,145,260

income,

Corporate taxes, state income & franchise

—V.

$0.90

3 Months
consolidated--

—

for

Exps.

2,793,219

$3,859,703

Airlines, Inc.—Breaks Cargo Records—

corporation

announced

last

of

$14,940,199
not

investments

Administrative and

of

$4,220,585

4,734,375

1948—

-

Total

*Of

1037.

p.

;

subsidiaries

praise. charges

Jess

73,036'

$5,202,670

Sept. 30,

from

shares

provide-for

employees, as well as
preferred and

cumulative

New York

during

week

corresponding

Interest, dividends from others & misc.

from,

$4,147,549

$5,733,979

American
This

the

over

Smelting & Refining Co. (& Subs.)—Earns.

Ended

Dividends

'

stock

In This Issue

income

168,

Nov. 18, 1948 the System input of subsidiaries
amounted to 250,697,000 kwh., an increase of 24,645,-

*Earnings

in order to
stock ot The

shares,

,

executives

but

to

the

increase

to

this

voted to increase ,the
shares to 2,500,000 shares,

de¬

Earnings per share—
—V.

Co.—Weekly Input—

ended

or
10.90%,
168, p. 2110.

American

Illinois—Merger, Etc.—

voted

23

atiso

to

thorized

from

deprec.,

costs,

depl. & leases aband.
and
expired
Net

week

company

kwh.,

—V.

of

Total

the

this

of

'investigations,

1945

1946

Oper.,

Other

$34,309;

expenses,

Nov.

on

exchange

Finance
was

1,800,000
,

See

Amerada Petroleum Corp.
3 Mos. End. Sept; 30—

an

•.

.

t

lease

unfavorably

required

summer

adjustments before full scale production of soda ash
achieved, it- appears unlikely that earnings from the new
will be realized to any appreciable extent during 1948.—V,. 168,

1133.

p.

stock

months

months

July 31. 1347. and $620,821 for the twelve months ended July 31,
168, p. 937.
* .'■

etc.

($1

of

warm

be

plaht

(subsequent

168,

stockholders

preference
estimated

refundable

Revenue

31,

____

share

for

amounts

oper.

accrued

American Investment Co. of

net

—V.

Gross

and

loss

the

of

16,500,000

14,170,002

surplus

086,183.—V.

30,481,728

prevision

June

earned

payable

class B stock

$15,623;

income

common

Internal

ended

-

on

Fed.

per

deducting

$

•

377,515,045 315,125,568

taxes

Consolidated

*The

$

410,594,631

accounts-

«

Fed.

est.

Earnings

1946

1947

affected
to maintain
months, with
production in the period,'?, they added.
quarter "were found
schedule equipment

on

production

necessary

can

'

12 Months Ended

third

of

stockholders
were, also
informed that
the
addition to
the
plant and the construction of the new soda ash plant at Trona,
Calif., have been completed. . They added,- however,
that because

tions—$17,792,670), $16,776,670; total, $19,086,183.

at

rate

The

1948

2,073,907

outstanding
Earnings per com. share

1

;

stockholders,

power

1,300,000

Com. shares

to

the

for

higher

resultant

a

1948 and $660,734

in

and taxes.

Peter Colefax,

failure to obtain

the

the

7 '

7

•

$0.17

•

sales of securities of $494,732

on

and

Earnings

by

2,901,940

$0.08

,

$67,058

2,505,110

——

2,161,294

...

157,329

—.

period-:

profit

$659,678

'

charges

235,625

.

B. R. Armour; Chairman of the
President, said that while sales and pro¬
duction for the nine-month period this year were ahead of the corre¬
sponding period last year, "lower earnings continued to reflect the
company's inability to recover in its prices all of the incerased costs
it has had to absorb, particularly labor and fuel oil costs."

41,300

$208,261

„

statement

a

board,

ASSETS—Cash, $490,041; U. S. Government securities—at cost (Sept.
30, 1948 market quotations—$1,499,685), $1,499,470; dividends and'ac¬
counts
receivable
and
interest- accrued,
$89,196; due from brokers
for securities sold, $45,806; receivable in settlement of suit, $185,000;

6,165,703

*

'
__

$3,460,208

After

In

59,063

...

11,000

,

;

—^

BALANCE

profit-

net

.

$

taxes

income

on

1948—6 Mos.—1947

*

;

outstanding—
•Earnings per class B share.

taxes

Fed.

est.

on

$

3,461,294

before

income

on

.

sales.___I

net

Profit

'

tax

shares

Class.B

(&Subs.)—Earnings—

Period End. July^l—

48,938
income

dividends-

*Surplus

Allied Stores Corp.

76,467

,

1,

Class

168, p. 2109.

109,208

*

11,843

1948—9 Mos.—1947
$3,138,762 $10,598,112
$9,824,328
419,546
1,177,560.
1,521,603

1948—3 Mos.—1947

sales

*Net income

$836,509

loan

Federal

inebme

Class

Pine St.,

20

L

:

-

it

*Net

192,984

$377,407

1_

Net

$631,681

—

Expenses

Period End. Sept. 30—

51.688,

Total

MISCELLANEOUS

*

American Potash # Chemical Corp.—Earnings—

1947

'

$324,012

—

securities, priced at mkt. quots

Interest

Alabama Power Co.—Invitation for Bonds—

INSURANCE

-

American Cities Power & Light Corp.—Earnings—

..

distribution of 20,000 shares of common stock

INDUSTRIAL

-

York Stock Exchange

Louis

Stock

Exchange
Chicago Bd. of Trade
York Curb Exchange Associate

Chicago Stock Zxsh.
New

Phone
CEntral 7600
Bell Teletype
8L 593

2

(2222)

THE

Appalachian Electric Power Co.—To Call Stock—
The
will

stock

be

ing

closed

of

shares

3.

books

1,

4.50^

the

of

close

the

Dec,

for

business

for

1948,

the

of

said

which

series

Nov.

23,

1948,

Issued

been

open¬

Over

by lot
number

of the maximum

and

(Calif.)

out¬

The

that

company

covering

and

300

offered

in

of

stoc'x

outstanding

for

$5,0001.

(par

The

(par

common

shares
S10»,

are

that

or

these

to erect plywood mill.

directors

The

cents

share,

per

dividend

rate, by

share. There

regular

a

with

Quarterly Pay't
dividend

quarterly

extra

an

dividend

of

25

48')

of

12',2

craft
In

share.

the

on

sent

date

letter

that

this

extended

be

may

the

14

program

Government

slightly

overhead,

of

Aircraft

Corp.,

Tool

etc.,

balance

nary

the

in

the

made

that

types

by

to
purchase
made."

are

There

Is

"Our

customers

investment,

for

and

repre¬

to

complete

a

airplane

other

no

presented

of

$1

Dec.

shave

per

recently

was

declared

to holders of record Dec.

15

the

on

See

1.

V.

the

at

payment

Co.,

New

at

York, N.

C.

Y.,

and

3,

1.

In

Corp.,

The

directors

of

10

cents

declared

dividend of

10

Dec.

a

payable

$1,

par

like amount

A

have

stock,

holders

15

to

cents

to

paid on Aug. 13, this year, while in
paid on Dec, 13,—V. 168, p. 1794.

was

was

share

Dec.

1947 an

year.—V.

initial

167,

p. 2359. •

for

the

The

in

corporation

notice

a

of

holders

the

the

of

first

A

Co.,

Havemeyer Construction Co.,

for,

Inc., and certificates of deposit

was

of

reorganized in

New

for

each

the

in 1938.

York

assumed

were

U.

8.

Beacon

by

&

Court

for

District

Holders of series

A

Midway

there¬

the

bonds

Corp.,

Southern

—V.

of

$75,000,000

reported

barrier

to

President

the

Nov.

on

this

to

of

Dutra

Government

to

the

of

to

Nov.

on

net

on

quarterly

had

share

$1,000 in principal amount of did bonds, an income bond of
Corp., the new corporation formed in that reorganization,

ordinarily payable
par
value. Regular

$15

Sept,

made

been

loan

Brazil

the

entitled

receive,

crust certificate for
of

$1,000 due Feb. I, 1958 and a voting trust
of its capital stock.
Holders of series B bonds
for each $1,000 in principal amount, a voting

10 shares

to

10 shares of

stock.

Holders of bonds

or

certificates

This

by writing to Manufacturers Trust Co.,
Street, New York, N. Y.
'•
►'

Beaver

will

"On

after March

or

trict Court

for

bonds

1949, the corporation will apply to the Dis¬
fixing a date after which the holders of old
of deposit will 110 longer be permitted
to ex¬

certificates

and

for

10

and

*

new

securities."—-V.

157, p.

other

On

Jan.

2,

stock

—V.

168,

at

will

9 Mos. End.

Net

Sept. 30—

1940

Earnings

t$2,099,641

$1,565,588

1,531,334

437,524

437,524

outstdg.
share

per

♦Adjusted
^Includes

$2.61

—

to give

effect

$507,508

net

Bendix Home

of

to

sales

on

194G

$2.37

the 3"2-for-l

pioi'it

1945

'-$1.37

stock split in
securities.—V.

of

Following

payable

the

dividend

a

Dec.

the

1947,

rate

same

20

the

♦$1.02

1948—3 Mos.—1947

this

date

2115.

but

p.

62V2

of

$10,706,702 $21,252,993
7,737,720
15,330,859

sales

of

last

$40,525,835 $59,707,078
30,569,152
41,725,952

of

qiade

record

of

In

1,256,809

2,435,568

$1,692,173

$3,486,566

4,698,577

1048 to

5,945,813

Operating profit
Purchase discount
other

income

Gross

94,118

the

114,480

'»

290,662

280,985

cents

$1,786,291

expense

$3,601,046

$5,548,768 $12,316,298
4,174'
58,254

14,957

—_

Prov. for Federal income
tax
*

be

share

cents
of

March

and

31

distribution

a

Dec.

paid in

value

per

at

15

of

share

per

share

of

holders of

to

1,788,000

Jt

record

31,

5,131,000

$3,756,594

ipA|ll»Jfv03

$7,127,044

$2.02

*

-

$3.55

and

$6.81

the

stock,

depreclat,

amortization

163,

and

of

$273,452

$815,525

Dec.

Serial

notes

of

stock

dividends,
in

.Interest. '

in

—

_

1948

the

cents

—-

$849,323

249,767

84,270

is

make

Expenses

;

bank

on

paid

when

quax-ter

three

share

per

31.

totaled

1948

capital stock

total

a

consists

178,204

of

was

Dec.

1948

actual

the

of

$10,067,000,
$16.79.—V.

and

168,

the

of

25

in

share

per

1947.—V.

Prov.

Preferred

$803,020

dividends

Common,

$787,128

Per

210,000

dividends

♦Surplus

for period
shares outstanding

♦Earnings per
♦Before

NOTE

therefore

on

sale

securities

of

files

provision

as

has

"regulated

a

been

made

BALANCE SHEET,

for

$1,027,123
*

investment
Federal

SEPT.

30,

Witter

&

&

and

accounts

receivable

company"

per

share

167,

for
p.

interest

accrued,

'

'

quotations—$5,600,209), $5,600,008;
and

$119,208;

■

the

current

year,

$6,444,475

$5,752,328

$5,028,747

4,936,776

4,462,472

4,116,473

$1,289,856

$912,274

40,731

LIABILITIES—-Note

payable and

$28,986;

common

payable
accrued

to

bank,

expenses,

stock

due

Oct., 1,

$72,846-

($1 par>,
$7,489.483(sub*e«uent to 060
31
total, $22,402,254.—V. 168, p. 1140.
'

166.758:

earned

surplus




1953

$1,330,587

$960,660

603,318

508,344

309,488

tax.

$822,243

$651,172

$0.85

$0.75

$0.59

1,094,456 shares.

on

-

for

taxes

canitarsir^s
1932)

$10

444

domestic,

Dec.

I, 1963.

168,

p.

1926.

21,

operating
Californ

29

under
com¬

a

communities.

The

pur'f cation,

storage,

industrial,

serving

and

105.775

over-all

an

from

revenues

PREFERRED

and

in¬

1948.

and

the

53.2',),

and

public

all

metered

total

of

137,292

during

sources

the

by

the

of

series

as

12
>

.

SHARES—The

number

each,

resi¬

of

names

the

follows:-

are

D

preferred

shares

;

_

———

&

32,000

__

Co.___—

UNDERWRITING

OF

163.

;

16.000

—

8,000

__

SERIES

.

24.000

____

C

BONDS—Dean

Witter

&

Co.,

San

2116.

p.

California Electric Power Co. (&
Subs.)—-Earnings—
(Mexican

Operating

subsidiaries

Maintenance

Federal
Other

are-

not

consolidated

1948—3 Mos. —1947

revenues

$2,597,306
169,412

1

herein)

J 948—12 Mos.—1947

$2 ,291,336

$9,412.9:19

$8,225,72'

671,203

647,10;

1 ,070.176

4,237,022

3,534,46'

213,420

218,666

903.060

850,67.)

de.prec.__

income

taxes,

149,374

1,121,158

,

fur

taxes

-

255,264

183,220

268,348

:

240,231.

Net

operating

♦Other

revenue

663,634

659,83:

1.043.033

917,55:

$569,704

-$423,619

$1,890,047

20,753

31,393

116,582

159,950

$590,462

income

.

$461,012

$2,006,629

$1,776,040

(net.i„_

&

income

$1,616,090

Net

oth.

inc.

deduct.

130,574

107,089

493,043

447,017

—1

$459,888

$353,923

$1,513,586

$1,329,023

income

♦Includes

following

dividend

from

amounts:

Sept.

30,

ended Sept.

year

unconsolidated

Quarter

1947.
30,

ended

S30.000;

Mexican

Sept.

year,

30,

ended

1947, $143,887.—V. 168,

subsidiaries

1948,

Sept.

$18,642;

30.

1948,

in

2116.

p.

Capital City Products Co.—To
Split-Up Stock—
The

stockholders
stock

shares

of

$5

exchanged

for

on

from

Nov.

30

125,000

value,

par
two

new

will

vote

shares,

each

on

increasing

without

•

the

value,

par

share

present

shales,

the

quarter

$107,906;

-

authorized

to

200,000

outstanding

;

to

be

'

-

Corp.—Loan

Placed

Privately—The

privately with Prudential In¬
Company of America $10,000,000 3V2% notes, due
Proceeds will be added to working
capital.
1358.

and associates

from

$2,200 000;

provision

31,

other

gathering,

was

Co

48,386

$928,561

As mentioned in

dividends

receivable in settlement of suit,
*aA ^Vf\ge
(Sci>t- 30> 1948 market quota¬
22,713,204), $14,586,46o; total; $22,402,254,

accounts

in

two

noted

be

anticipated

California

in

owning

to

will

protection.

company

-Earnings1946

California Water Service

»

cost

due

and Dec.

systems

for

transactions

the

to

the
and

14.9and

1948
Net

sales

Net

profit

Number

—V.

after

of

Earnings

157, p.

taxcs__

shares

per

1,166,390

outstanding——

''

1947

$23,316,981

_•

_______

1946

$21,276,324 $15,221,498
1,702,377
749,739

99,600

99.600

99 600

$11.71

share

$17.09

$7.53

128.

;

Sisnon- faS«S!! S°/d' *192>476;
tions—

Oct.

conver¬

1140.

$1,531,879

—I

Burlington Mills

and

taxes.

securities—at

1948,

consumers,

Co

Francisco.—V.

Operation

$1,507,699

...

income

168, p. 643.

—V.

income

the

percentages

effect

utility,

water

stock,

Inc

Co..

Elworthy &

,

1947

etc

for. Federal Income

surance

and

a

reserved

upon

No. of Shs.

Dean

liquidating

company jn October placed

$0.03
1948

1948

fa^mSE^n~jQ4«h'mJVr5?9'°98i ?' S\Goveniment
30, 1948 market

/Sept.

7,489,483

in

that

legal

f5.3'A.
issuance of

EARNINGS FOR YEARS ENDED AUGUST 31
r

+$171,820

SO.11

of

tDeficit.

Company
no

share

common

profit

.t2,079,690 in 1947.

$803,020
7,489,483

.

1.

wholesale

purchased

Blyth

748,948

Common

provides

subject to

indenture.

1948, were $5,023,238..

underwriters
to

80

24,180

—

income,

share

—V,

the

When

.

giving

supply

fire

OF

severally

indi¬

with

1948

-

44,156
Net

income

31,

principal

together

cents

+80,000 shs.

amounts

of

preferred

incorporated

operating

Aug.

23.7')

production,

the

commercial
Gross

be

.

210,000 shs.

issued

subsequent issuance

1.8'/),

public

of

for

UNDERWRITING

common

♦Net

sale

and

ended

•

139,000 shS.

101,000 shs.

were

unlimited

for

Sept.

was

the

1948,

consumers.

24,

1140.

p.

420,000-

declara¬

year

compared

Outstanding
$14,282,000

139,000 shs.

corresponding

water

of

31,

Schwabacher

payment

quarters

for

extra dividend

an

$2.25

share

per

Total-———

169,776

39,937

1111,11111

loun

Interest

FINANCING

$480,000

provisions

before

water

uses,

and

months

gains divi¬
on

the

selling

and

Aug.

ended
Balance

$1,001,060

PRESENT

stock, series D.
JUpon
shares there will be initially

surplus,

25.1',),

namfe

and

At

of

quarterly dividend of 50 cents per Share on the common
payable
Dec.
23
to
holders
of
record
Dec.
8.
These

both

are

funds

additional

shares.

operating

an

corporate

dential

Of

r

67,467

$1,021,162

—
—

Interest

capital

was

date

the

fourth

first

Transp. and other operating income
Operating exps. and other charges.

1947

$725,046

_

of

+500,000 shs.

in

stock

surplus between

business

stated

has

and

and

munities

Int.

46,349

Total

A

cash

or

1948,

14,

estimated

for
84

9 Months Ended Sept. 30—

securities, priced at mkt. quots—

TO

bonds

constituted

completed

are

20.4')

Gross

Corp.—Earnings—

Nine Months Ended Sept. 30—
Cash

Dividends

directors

of

cash.

Buckeye Pipe Line Co. (& Subs.)
Blue Ridge

issuance

outstanding bonds
constituted
54.6%
of
company's long term
funded debt,
capital stock

the
•

Company

16.

$610,123

1898.

p.

the

usual

compared with $3

$254,650

—

sources

program

of

1948,

BUSINESS—Company

cents

Brockway Motor. Co., Inc.—25-Cent Extra Dividend—

dividends

♦After
—V,

A '*

share—*-

•>«</*

$1.13

|

per

board

receive

stock

in

The directors have-declared
*

Earnings

the
from1

$2,183,493

internal

preferred

preferred

Provision

—

from

balance

the

C__

these-

preferred

D

Aug.

crease

30,

preferred

the

on

D

Period End. Sept. 30—

Oct;

by

1948-55

restrictive

pet-

June

1947.

assets

includes

due

series

issued

be

may

the

scries

common

3.

24,
1948 substantially all
during .the year. The exact amount

Dec.

The

paid

about

for

expended

be

may

1949

The

E, F, and G

common

24,

record

made.

54
total

a

Net

income

Interest

will

cates

1948.

$649,230.

construction

1949

;

of

of

C,

due

which

series

1.3'),

the special
distribution noted above, it is presently
the ordinary dividend to* be paid for the fourth
quarter
about 30 cents per share
payable in cash on Dec.

holders of

with

$5,258,106 $12,035,313

and

to

for

EFFECT

series

ser. D,

under

to

that

the

'.

shares

On

'

amount

tion
„■

the

stockholders, elect to

addition

estimated

the

permit

fixed- capital

available

provided

stock,

convertible

80.000

sion

share

cents

when 25

year,

on

per

Dec.

on

realized

per

which

$515,000.

stock

and

its

policy

distributing

cents

that

to

banks at Dec. 31,
was

to

0

pfd.

per

including

cents

15

year.

will

expenses

50

year

sums

banks and

from

estimated

$25)—

(par

bonds

73,120

stock

cents

and

to

up

quarterly

capital

for

dend

company"

capital expenditures and
and have approximately

additions

the

of

be

(1.5tf -2.2'.) ),

♦Indenture

is

cash), unless

the

sufficient

be

.

cumul.

Common

loan.

will not be determined until Dec.
14, 1948, trie record
determining stockholders entitled to receive the distribution,
presently estimated at something like 55 cents per share out¬
standing.
Distribution will
be made
in
stock
(fractional shares in

1947.

168,

fixed

to

approximately

at

Authorized

distribution

capital gains

totaled

depositors-

sources
consisting
amortization '(esti¬

and

presently

finance

funds

cost

bonds,

1975

notes

Cumul. pf. stock,

about

distribution

March,

1948—9 Mos.—1947

3elling, gen. and admin.

net

of

have
by

1948,

year

internal

will

estimate

GIVING

cumulative

the

the

holders

to

paid

as

company

established

its

intention

This

probably

Capital stock

be

1899.

its

Appliances, Inc.-r-Earnings—

Period End. Sept. 30—
Net sales
Cost

1947

$3,626,327

1,531,334

shares

the

hand and in
Dec.-. 31, 1947

plus any

The

the

3 'A r!<

1,

Serial

Broad Street Investing Corp.—Estimated Dividends—

$3,589,186

income

'Capital

(& Subs.)—Earnings—

estimated

'

mtge.

Nov,

-

irrigat'on

Beech-Nut Packing Co.

on

gross

approximately

CAPITALIZATION

total

quarterly

p.

capital

advanced

Gross •-additions

distribution

securities..

,

dividend of $1.37
also declared, payable Dec. 31

was

ordi¬

years

for

toward

required

-

usual

The

1047.

disbursed,

is

this

of

at

of

accessories.

apply

estimated

legislative

a

company's

on

time

some

declared

share.

per

order

an

change them for

1947.

1,

was

and

It

end

deposits.

$987,360

4.40')

removed

was

the

declare

to

Dec.

js the first payment since Sept. 30, last

share

the

recent

during

current-borrowings

from

banks

in

$3,580,944.

is

transmission

above

22

stock;

common

fixed

funds

for

loans,

estimate

,

approved

distributions

3276.

p.

directors on'Nov,

the

on

working

in

mains, new service connections and
wells, tanks and pumping plants, $119,680 for
purification-facilities, and the balance of $290,411 relates to various
categories such as real
estate,
miscellaneous structures, equipment

Bridgeport Brass Co.—15-Cent Common Dividend—
The

deposit may exchange them

45

1949

surplus.

principal amount of

certificate for
are

increase

are

securities

the

to

the

not

about

or

regularly

1948.—V." 165,

10,

restoring

of

improvements

from

bank

us

and

extension

meters,

is, nearing

proceeds

properties.

guarantee

decided

20

of

District

1948

of

$625,000 of cash

present

additional

directors

sale

depreciation

capital.

sales

repay

to

for

Brewing Corp. of America—Omits Dividend—
The

the

to

from

derived

provided

the

hand

year

Beacon Hotel
in

to

on

line

168, p. 2004.

dividend

which

from

purpose

rapid

expenditures

funds

been

obligations

The

Zurich, Lausanne,

company

The

22.

consummation

when

ago

proceeds

agreements.

provisions for

working

iegulat'on

entitled to receive

are

last

weeks

au<homing

certificates of deposit may soon become valueless,
and should be exchanged
without delay for bonds of Beacon Hotel
Corp., which have substantial value.
The bonds of Havemeyer Con¬
Inc.

loan

was

two

said:

Co.

pay

act

"These bonds and

struction

Bank

it

for expansion and improvement

The

5%*# sinking fund gold bond certificates, series A, and first .mortgage
junior participation 6'A ') sinking fund gold bond certificates, series B,
of

World

used

to

net

*

completion,

mortgage

sale

and

additions

gross

capital

from

$600,000

be

must

1st

Hotel
Corp.
(Ilavemeyer Construction
Inc.), N. Y. City—Exchange of Securities—

have

Cash

income

trust

bonds

Brazilian Traction, Light & Power Co., Ltd.—Loan—
Beaeon

the

expenditures

extension

the

reducing

other

Jay R. Benton, President, announces that the company will con¬
tinue its present dividend scale through 1949.
$404,000 has been set
aside to provide for the dividends to be paid
policyholders the coming

1.

the

approximately $476,000 lor the calendar year 19481 and funds
by depositors pursuant to line extension- agreements. "The
required to finance the remainder of the -capital expenditures

date

to

the

on

record

line

available

company

/

168, p. 2110.

per

of

from

mated at

to -

Switzerland; or of Banque
de Paris et
des Pays-Bas,
Switzerland, with all unmatured coupons attached except the
coupon
maturing nr» April 1, 1949, which may be retained by tn<"
holder.—V. 166, p. 2207.
!
.
i
|

Bayway Terminal Corp.—10-Cent Dividend—

proceeds

advanced

Boston Mutual Life Insurance Co.—Dividend Scale—

common

had

funds

builds

Geneva,

common

and

including
to

financing

has

of J.
Henry Schroder & Co.,
England;, or of Chemical Bank

of Credit Suisse,

or

10,713

by

principally of

the

to

1948,

Drawn

to

net

the

extensions

capital for the full calendar year

delivered

collateral

thereof.

offices

E.

Jan.

on

mortgage
value

the

London,

St.,

redemption

5#

con¬

$4,032,000.

by

for

face

is

common

subject

population cf the communities served by the company has made-,

pursuant

Geneva,

or

deposit about 22,000 shares,"
dividend

Trull

&

for

Leadenhall

145

called

£59,000 of

and

for

proceeds

additions,

Inc.

Boeing

be

the

use

EXPENDITURES—The

$2,841,969,

Corp.,
Goodyear Air¬
in -"which
they

can

D.

is

or
desirable, substantial capital expendtiures for additions
replacements to enable the company to extend its various systems
and to increase their service capacities During the period from Jan.
1.
1948, to Aug. 31, 1948, the number of consumers served* has in¬

than

Machine

sections

series

shares of

rate

business.

Air¬

transported

are

the

which

and

163, p. 1140.

been

fund,
series A,

bonds,

letter
also
said:
"We
are
informed
by our customers that
Stone, a director of the company, and associates own about
52,000 shares of common stock. They have agreed with the purchasers

stock payable

have

retirement

states;

the

net

for
of

Co.,

Aviation

&

Inc.,

work

of

others

joined

ate

Gear

Mills,

bonds

Rohr

Inc.,

stock

rate of Q.914

necessary

would-re¬

Airplane

Bendix

as

Bros.

General

handling

are

they

result

Force.—V.

Foote

Co.,

C

Series

such

of

used

course

CAPITAL

developmental,

Aircraft,

Swallow

and

concerns

Co.,

assemblies

where

Northrop

Co.

well-known

Manufacturing

The

with

$1,500,000

capital

receive

more

that

contracts

tooling,

7 ')

will

parts

residue of

preferred

an'initial

preferred "stock,

to defray a
port-on of the company's 1948 capital expenditures; con¬
sisting principally cf the construction of "additions, extensions and
improvements in the ordinary course cf business, and will u<e the

(Kansas),

In addition

Bolivia Railway Co.—Partial Redemption—

Robert G.

A

purchased

of

the

the

proceeds

The

i

from

Aeronautical

such

plants

Air

of

creased

Division,

itself
the

days.

stockholders

common

ofter

representations

to

Wichita,

subcontract

a

of

of the 80,000 series D preferred shares to
repay bank loans totaling
$2,270,000 (borrowed from'American Trust Co;, San Jose, Calif. $1,520,000; Crocker First National Eank of San Francisco, $750,000), obtained"

percentage
of
subcontracting
done
Superfortresses were produced-at
alone represents over 34')
of the total

to

convertible

share

PURPOSE—Company intends to

B-29

producers

cumulati

each

adjustment.

companies participating in the Boeing sub¬
CurtJss-Wright Corp.. Douglas Aircraft-Co.,. Inc.,

Pneumatic

Fireman

craft

expire at 3 p.m, on Dec. 10, 1948.
$75,000
are
deposited, the
purchasers reserve the
to accept all shares deposited, or to huy not less.than
pro rata basis.
If less than 60,000 shares are deposited,

a

final

The

and

in

for

and

manufac¬

than

either

75,000

of

those

The offer will

more

right

charge

the

manufacturing,

are

Ryan

addition,

Boeing

Air

subcontractors

to

in

(Wash.)

resulted

pointed

value

among

specialize.

Trust

Co., 55 Broad
St.,
New
York,
N. Y„
acting as agent lor unnamed clients, has offered to purchase between
60,000 shares and 75,000 shares of Agwi's common stock at 347.50
If

has

when

while

lor

program

Corp.,

Iron

Purchase Agwi Stock—

per

work

exceed

dollar

from

company

costs.

Cleveland

Manufacturers

the

Consolldated-Vultee

as

Atlantic Gulf & West Indies SS. Lines—Offer Made to
The

this

to

Vice-President

Seattle

5.3')

stock

Stratojels are involved.
Mr. Lauden
themselves will
be
acsembe!d
and
ds*

in

Lauden

Boeing

Included

cents per share, placing

The'

vertible into &ma£»on m-ck at

diverted

be

Monday, November 29, 1948

of

B-47

airplanes
plants

value,
Mr.

the

at

other

contract

the annual payment on
compared with a previous rate of $2 per
1.041,824 common shares outstanding—V. 168, p. 2110.

are

of

and

value common stock, both payable Dec. 27
6. This action increased the regular quarterly

share,

10').

main

cents

par

Dec.

basis of $2.50 per

a

together

the $10

on

holders of record

to

declared

22

Nov.

on

share,

per

One-Half

statement, Mr. Lauden disclosed that 325
B-50D
Superfortresses,
B-54
Superfortresses,

years

war

contract

nearly

62Mi

wiil

plants.

total

Associates Investment Co.—Increases

Over

this

probably

the

CHRONICLE

Subcontracting
contract price that will be diverted to other manufacturers.
to
this suppliers of
raw material
will receive more than

an

as

will

during

be

to

Proceeds will be used to retire outstanding common and

balance

pay notes;

filed a registration statement with the
cumulative preferred stock (par 8101

15

shares 8%.

common

exchange

sale.

outright

Nov,

on

100,000

shares

funds

while

by

Boeing
magnitude of

the

Divert

allotted

money

Stratofreighters, and

added

livered

SEC—
3EC

the

In commenting on
airplanes,
including

Co.—Registers With

Timber Products

of

procurement

C-97A

Areata

Co.—Will

suppliers, F. P. Laudan,
turing, revealed Nov. 17.

time, such shares to be called for redemption on
168, p. 41.

FINANCIAL

Procurement Funds—

one-half

Force

&

other

any one

1949.—-V.

Airplane

Air Force

stoek

the

to

selecting

of

purpose

heretofore

have

Boeing

cumulative- preferred

representing In the aggregate 2')-

standing at
Jan.

from

business

certificates
of

transfer

COMMERCIAL

55
ia2*

'' $10'444'182'

cumulative

on

Co.
Securities Offered—
issue of Nov. 22 Dean Witter & Co.
Nov. 17 offered 80,000 shares of 5.30%
—

our

convertible

$25); at $26.50

per

Dean Witter &

preferred
share.

Co."also offered

stock,
on

series

Nov.

18

D

(par

$1,500,000

first'mortgage. 3V4% bonds, series, C, due Nov. 1, 1975,
at 98 V2 and interest. Further details
follow;
1

The

latter

issue

was

awarded

Nov?.

Stuart & Co. Inc. bid 95 for 3'As.

16

on

a

bid

of

97.512.

Halsey,

Carpenter Steel Co.—Dedicates New Research Lab.—
Tire

new

erate

research

the

laboratory at Reading,

Pa.,

built

to

further accel¬

company's development of specialty steels for
industry, has
just beer dedicated to those
employees who served in the armd forces
during World War II, it was announced on Nov. 20.—V.
168, p. 1899.

Central Maine Power Co.—Old
Registration Statement

Withdrawn—

.

?
•

The
1947

registration

and

withdrawn

covering
from

statement

160,000

registration

covering 303,330 shares

was

(No.

shares
Nov^

•

-

7302)
of
15.

filed

common

A

new

with

the

stock

SEC

(par

registration

filed with the SEC, Nov.

Nov.

$10)

10,
was

statement

1—V. 168, p. 2116.

.

Volume-168

Number 4755

THE

Central Indiana Gas Co:—Earnings—
'

_

'

..

"

_

offered

.

,n._

*3&l4 W

'

as

subscribed

not

are

Amort,

of tUil.

Utility

*'Other

Lehman Brothers

14* 469

561^20

acovis~~adfust

onerntin<»

income

150 000

125 000

Lazard Freres & Co
Bache & Co.,

*

9155 288

8609 560

lit'bS
■'

m 638

met

'

-

Gross

386,947

149 025

ai.-ninh

nlant

income

447,507

IS4' 986

proats taxes

excess

reserve

income

$747,207

105 ,>72

94 389

_

1
Net

income

*

*

'

467,836

34,650

—V.

168

*

*

40 519

i

'

•

'

'

,

:

Ceiltial

&

oOUtll'

c>

West

,

.

,

,

.24

J®
"eight equipment, and $28,876,175 is for
Company hopes to, reduce its commitment for

.54-

^

A.

corp.—Stockholders

.74

Becker & Co.

4.29"

Marks- & Co._

7.63

Inc.-:.

Laurence M.

'

2.54

C. Miller & Co.

Northwest Co.—
Piper, Jaffmy &bHopwoodL

1.04

Prescott, HaWlsy,
& Co., Inc.

L. F. Rothschild & Co

Farwell, Chapman & Go.—

.54

Hallowell; Sulzberger & Co.

.24

Httyden, Stone & Co.____j._

2.54

at

the

rate

Of

one

pire at 3

18.

(EST)

p.m.

The

iiled

which

with

ject

the

SEC

underwriters

subject

not

or

warrants,

shares

operative

became

when

the

effective,

'

.

registration

is

being

offer

may

to

sell

and

warrants

underwriting of

18

to

Freres.

banking

a

otherwise,

underwriting

awarded

was

headed

group

winning

The

offering

an

Lehman

by

Pp£d Ih^ock

bid

compensation

of

39

at

cents

and

32,801

bids

and

were

compensation of
less

follows:

as

Harriman

Ripley

62

compensation

98.402

Net

•

operating income
income

53.9

M.

cents

Co.,

Inc.,

(jointly)

Loeb,

Smith,

$10.25

Rhoades &

share.

a

LISTING—Compariy Intend, to make application
Erchange for the listing of its common stock
PTlRPOdP
Prmnonv
PURPOSE-Company

ized

from

the

(n^nric
intends

sale

of

the

of

two

of

stock

common

onr.iv

tw
to

iho

$10

;
inc.

gross

the

to

'

York

New

•

v.

t

be

to

Power

&

Light

Co.

2'r

2'Vr

due

and

3rk

note.i

serial

semi-annually

1959, & $1,375,000

unsecured,

to

July 1,

on

Jan.

debt

of

Funded

debt

of

*

*

*

.

SSSSc'SbM
DIVIDENDS

and

pany

ON

American

dividends of 35
company

COMMON

Public

Service

Co;

on

the

of

merger

Feb.

1947,

20

cents
of

per-share
record

also

was

Nov.

on

declared,

1948.

3,

Nov.

30,

will

not

to

respect of the shares of common stock now offered as such
will not be issued until after the record date for such
dividend.

Central

effective
Public

South

&

Feb.

1947;

3,

Service

West

Co.,

Utilities

its

Co.

subsidiary

morged

By

the

the company was changed to Central
itself docs not own or operate

and

uti

the

outstanding

ity

shares of

Power

(Okla.);
O01

The

13

served

Gas

&

subsidiaries

the

of

(Texas) ;
Electric

are

furnish

in

electric

in

in

communities'"

743

109

counties

utility

in

to

service

add-

Texas,

rural

counties

49

in

water,
No

of

revenues

7.49%

the

from

subsidiaries

the

sale

of

and

changes In
ducted by the Company

12

the

and the

subsidiaries

months
one

months

ended
ice

consists

ended

Jurte

June

property

'*GONSTRUCTTrtisr

30,

1948,

approximately

of

at Houston,
•

Texas,

pB/tfufAM

nF

now

Among

the

Norfolk,

con-

r

except
subject

mmRTDTAtJTF®)

The

any

of the company is

to

prineip

miles

of

operated

operated

under

road

operated,

listing

at

.

line

from

Phoebus

Toledo

to

into

track.

important

citie.7-

Newport Newsy and
and

Huntington;

Ashland,

served"

and

the

in

be

and

il95I

on

the New

York

Stock

district

are

D.

and

other

SG6,228,006

facilities.

Of

said

tor additional

F^^GSE To reimbuise company s trea. ury,

in pai fc,

mn

corporate purpose*.

,

$104,000,000,

it

•«

,n^-<rpr

hi

i

thl

^t imn.ini

of

RfHUhutlap'r^?
Jl£
i^ii i/^iriii
r

rnn nnn

r

onrf

iifnm

mn

from

thp

for

1047

from
of

Dec.

1947,

additional

to- May,

1948,

securities

approximately
the

of

-.f

hv

by

1

the

"a'n

i

i

^Vfi'nnn nnn^niarpJit^'nvia^inai amount of bonds sold
aggregate principal amnmahotfrtJtw
the-sale

ri1-

subsidi-

$33,500,000

subsidiaries

during-the
year
period, and the balance ..through retained earnings andvisions for depreciation and amortization
during the.period.
UNDERWRITERS—The

erally agreed
«

The

to

purchase,

Commercial

William

names

Dana

and

in

underwriters

who

have

the percentages indicated opposite

Financial

Seibert,

the

of

/

*

th^.rqU eC<? fUf

$28,000,000
aries

t

brLS

n

^
nrnrppricS?nii itninriiri

hv

Chronicle

(Reg.

U.

S.

from

;

135

(NOTE:. Ob

S.

La

account

President;

Salle

of




hn««

fn,.

f01 1

1

niirno<u>«-

-)»p

oho«*n

aq

no

their

Patent

Office)
Business

-

B.

Dana

&

fniiow^'

Pisscn-cr
Wmiinmenf

Freeman

«Ss

fluctuations•

ui

the

rates

ui

exenange,

per

year.

remittance

Other
itu

19,370,866

100,000

<S: Co.

500,000

Son,

CoL

Co.

Place,

New

Co.x

&

Illinois

auvertisements

must

be

500,000

Hughes

200,000

_

300,000
100;000
^

200,000

_

r>~W"

fa»?(?vruv

1

fWjW
2,OOOiOOO

'

l.OOuiOuO'
r

20O;OUO

10^,Ow
100,000

1,000)000
100)000
150,000
250,009
500,000

Sills, Minton & Co., Inc.
Singer, Deane & Scribner
F. S. Smithers & Co.—,

700,000

Co.

Johnson &

h.

' '

&

—

300,000

Oo.___

150,000
200,000

Co.-l

&

Co., Ihc.„:_

TaylbP & Co:—Nongard'___

Sterri Brothers & Co.—
Nicolaus & Co.,
*nc—
Stix & Co.----—-------

300)000

Walter Stokes & Co.__
Strader, Taylor & Co.,

iuu,uw

Stifel,

Inc.

1288,889
Jw.uoo

100-,000

—

150,000
500,000
150,000

il--

W48-Mo.ith-.1947

profits taxes

railv?rtuxeS
faS

othVr
Nef

*'*

ipebme-

'Earns

—

oLoic

pe'-

com

LUU1,

oo

i?i

nan

DATE
17G

258T23 375

19,793,598
14,603,981

19;C46,242
16,336",252
37,159,734
31,129,919

asn 4R5

•

2 454,280

2.070,020
1 773 267

1 474 649
4 859 286

."I*
share

100,000
200,000
150;000

1948-10 MOA-1947

;

z,

-excess

■

goner

100"'08^

700,000

F. S. Yantls & Co., Inc.
Yarnall & Co

EARNINGS FOR OCTOBER AND YEAR TO

-

g="STx

4,006;481

39,801,367

3)072,536

3,299,847

27,155,793
$3.40

$0.39

$0.42
v

'

$3:91

'Calculated' oiv number of shares outstanding at end of respective
Chesapeake & Ohio and Pere Marquette, and

periods after merger of

Total

York

2,000,000

Co

____

„

after allowing for preferred dividend

Park

.

Co.

L* ™ Boinscniia « co,
Salomon Bros. & Hutzler
Schoellkopf Hutton &
Pomeroy, Inc.
—_—
Scott. Horner & Mason,
Inc—1—Scott & Stringfellow—_
Seasongood & Maye»_—
Shaughnessy & Co. Inc.
Shields & Co—,
Robert Showers

100,900

—

&

&

Townsend,. Dabney &
Tyscrn
Weeden & Co., Inc
Wyatt, Neal & Wag-

i

•

Pressprich

Rotan, Mosle and More-

350,000
700,000

Anderson
Iuc.__

&

t

requirements.

NOTE—There Is included iri'October, 1948; a deduction of $936,300
representing accrual for one-seventh of possible deficiency in income
and excess profits taxes for the years 1939-1945, and interest thereon

8,

N.

Y.,

made

in

New

REctor

2-9570.

$42.00 per year.
auu

Co.,

500 00a

Stroud & Co., Inc
FOOO.OOO
Thomas & Co
.
250,000E. W. Thomas and Co-.
150)000-

Kefttv,

$9,666,547 $39;123,210

«uimciii<uvii«

100,000
100,000

KetclW

8,934,296- 51,947,802

Countries,

ruieign

»•

2__

St.,

the

Co.,

100,000

Co.-

and'

Kalman

$12,549,735

23,642,640

25

&

Mai'Shall^-^.

•

Fretaht

Publishers,

250,000

Co,

Ss'

Kaiser

"

Fnuinment

Company^

200,000

100,000

Co.-

100,000

W.

400,000

:

Inc"

Rand & Co.
Reinholdfc & Gardner!_
Th« Robinson-Humphrey

150,000
2.O00.UOO

&'

*'

Raffensperger
& Co^ Inc

G. C, Haas & Co.____v150,000
Hallowed' Sulzberger &
Co.* —:.
—
100;000
Harris,. Hail & Co. (Inc.) 1,000,000

pu.

.

$47,542,062 $31,914,601

Total

William

200,000
•

on

$'23 899 422

months)

Evans

^ **>

Ro^dwav

months)_ZI_

'

—

M.

The

Prnnertv

]q47

500 000

Co.

pollock

'

Hayden, Stone & Co
1,000,000
HiU J? Co.250,000
Kenneth B. Hill & Co.
100,000

Vnife deb^iisif jjss
.

""
"

inc.,

liin-f^oi ^nV' nViHnf (hi

,

150,000
100 000

_

Hirsch-

sev-

William D. Riggs,
Chicago 3, 111. (Telephone State
*_ as second-class matter February 25, 1942, at the post office at
American Union, $35.00 per year;
in Dominion of Canada, $38.00
offices:

Ti\-%>nriuii.au

A.

Harrison-&

1

rniortlStiou and.Titter dadTofe

aforesaid.

100 000

Co.

.

The company is presently engaged in an extraordinary program, of
expanding and improving its transportation facilities and rolling stock.

four
pro-

as

Tov/nsend

Graham, Ftirfeons

tions of •"'S,904.624, alter deducting the amount of indebtedness of such
subsidiary or aifiliated companies assumed at the time ot the acqulsition of their properties

Co"

&

&

Greeir, Ellis

for l)U1'l»oses other than refunding of outstanding- indebtedness since
iMancc cf the series A bonds, dated Oct. 1, 1928, under the

but btfore dal«clatlon a,id

In'c

Futnam

700,000!

Graefe

.r

ratu-f-iiients

looooo

O'Gara

tens'en, Inc.'
w p^zini &

B

ouu.uuj
-00,000

100,009"

m".

refunding'and improving mortgage. During the period Sept. I, 1928
(the most reccnt date to wbich additions and betterments have been

estimated

Dav

nno

peters, Writer & Chris-

~~

200,009
150,000

trammiLSn!
is

L

Foster

„

ix

Inc

Patterson, Copeland
Kendall, Inc.

Prescott," Wrig"ht7sn"ider

Ferris

for large

.

y,n

Cc\

-inn nnn

-inc.

-,rn

100,000

Sl'S ^ "25°S

100.000
150,000

Chapman & Co.Faustt, Steele & Co.^

*aniv'' m-n,1." nrnrinri< ^ thri^inp
if.lviiPri^tA
^o lri
Tv^ii/
nf° n!L ^
1^
I
fTti iSSLrif .^5
nnn

fo

100,000

Favwcll,.

-

i5o';ooo
150,000
loe.ooo

iso.ooo
Mnn^ll

'

*

in d

Corpl,

'
,.Q„f

500,000

yym.- g.

Clement

Exchange Act of 1934 and for their
{n

Co.

___

100,000

Emanuel, Dcetjen & Co.
Equitable Securities

of the

500,000

Rhoades

150,000
200,000

R.- S: Dickson <fe Co., Inc;
Charles H. Drew & Co.

and Chir

made for the registration

.

Loeb

100.000

Gregory

duly

■.

Ci'dutcv & Bodine—

Exchange.

°<s
hv

&

M.

Alfred

Dick & Merle-Smith

Columbus and

Kentucky,

& Co,:

Dfempsey & Co..„

G\;

'I
electric generating capacity and
distribv.tion

31

Minsch

R(

ADDITIONS & BETTERMENTS—Company has not issued any bonds

first

,

Whibnm'rfm""

Becker & Co.

naa

iSSUed' sIliC0'Aug'* 3lV 1943

.

Co-

I

177'46^"

vani

-T——

fl $1^-00000
S13'-°°'00®-

Jvjoray « 00, __
genty uamoeigCo.__

of

all

Washington,

Louisville,

19,770.440
195

^b0.000Jl

Clifton

from

Chesapeake

the

Virginia;

$100)--

"■

R.

owned,

are

Substantially

West Virginia; Cincinnati;

Lexington
'"
will

by

Richmond,

(par

Ciplfirr & Buir Ihc..r—■.

track.

single

stock

xnorni

two oper-

located

miles

Richmond

is-double

is

mileage

1,208;35(>

r7

...

amount

00OOO&

^<S^0M

Marx & Co—
Mason-Hagan, Inc.
Mason, Moran & co.__
Mimous Martin & C0._

DtHavert

ftH<ied to caso- veiking capital and used loi- the company s piop

'

.—3:™

Carl

.

d

-

suh«irfi«HeB.

$l2 500 000

.

pres-

0 1 res

Cttl Secmuties Corp.,____
Clayton Securities Corp,

of

option

eight

lease,

ormDruau*'

exclusive

000^ inpS?d'Jan 1 194?-d1
of which
wS expended ia tiS'

upprLimately

,

Phillips Co.____
£ F._Cassell & Co., Inc.

the ICC.

all

2,755

c

9,a

.

interest payment

divided

mileage,

road

effect to

s

—

Burnham and Co._-~2.__

1,

the

3 125

giving

Laird, Bissell & Meeds_

A. G.

■es'SSE^f^Sth^SSthe
matdy $104 000

.

Bnemi

,

.

as

authorization by

to

scries H bonds under the Securities

others.

to

0:1

1948,

Geo. G: Anplegne__—loo oo^
C S. Ashmun Co
I89'808
.ai* r~
*

nfforc^__

Redeemable

$10,000.

oi

subject

property

LISTING—Application

revenues

$3,821,600,

leased

are

this

main

Toledo, Ohio;
cago, Illinois.

are

multiple

Cincinnati-and

Charleston

gross

PnnJc

i-egistprable

form,

31,

B^lscy, Stuart & Co. Inc.$3,750,000

.

'

coupon

n

stock

common

chase are as follows:

$5,348,644

The llhes extend generally from- the-coal-fields of Southern West Virginia, Western Virginia,
Eastern-Kentucky;-,and Southern Ohio, east to Tidewater at Hampton
- Roads
and north and west to the Great Lukes at Toledo-and Chicago.

U948,

30

The

of

which

in

any

the remaining owned

of

contemplated,

of

Of

arc

sale

are

be

sale

SECURITY*—The

sale

businesses

will

and

the

the

<tdn nnn nnn

N

Adams & Peek
250,000
AJlison-Williams Co.100,000

'

$10,000 and

the-

character of

general

nv

5^

aggregated

"0

rrSnpal

in the

;

$5,408,279

$1,000, and in fully registered form in denom. of $1,000,

from

of approximately 3484,000,
and-except the sale by Central Power & Light Co. for about $344,900
of its 4ce property in San Antonio,
Texas, now leased to others, and
the possible sale, by that subsidiary of all or -a portion of Its remaining ice properties, which produced gross revenues for the 12
of

of

from

produced

the

Bondi

denom.

0.84^

the sale by the subsidiaries of their water properties
to divestment orders of. the SEC and? which
for

1,

lines.

.

major

rtk{«

debt °
'

—$204,256,009

" 250:000

derived

was

ice,

6,932

"

Aug.

1,000.000

Forge'to

.

approximately
142,600
square* miles
with
an'
population.-of approximately 1-,9921000:
The electric utility "

electricity,

5,365

'

the

,

,

,

on"

.

miles are operated unour
contract, and 353 miles are operated under trackage lights.
Of the
mileage owned, 1,496 miles are main lines and 1,259 miles are- branch

properties of the subsidiaries constitute an<• -interconnected and iritfgrated public utility system, and the SEC has so determined hy
order in integration
proceedings* under that Act.
"
v-In rtic 12 Months ended June 30, 1948,. about 91.60^ of'the- total
operating

'm',530

$5

1, 1948. Principal and semi-annual interest. June 1 and
pv/able at officV or agency of company in New York and"

United States.

comprise

estimated

curtm-

n

cumulative convertible preferred
(bar $25)__r__„

971*356'

2,438

'

"

.

on

Premium

Dec.

district

adjacent

Oklahoma,
The. areas

Arkansas, and three parishes-iri Louisiana.

•

...

mt,

oi

amoiutvledtt»

Common stock

Chesapeake District and the Pere Marquette Dierefunding and improvement mortgage extends
only-to properties comprising the Chesapeake dislrict. The Chesapeake.•

approximately
areas

3Vi'.n

5,097"

.

atirg districts, the
trict." The lien of

follows:

as

and

com-

of stock, of

Mortgage bands

$5,966,259

« >•

*

nJ

n'nn

Inc.

,

electric

West Texas Utilities

Del.)

(

"

'

560 °or

Equipment trutt obligation.....

______'

-

'h^OI

$753,691

of

Conoitionnl sales agieemeUts

>S5 970 296

income__

,

,

5l',491

_

ISSUANCE

Public Service-Co. of Oklahoma
Co.

1

nine-miltes

located

counties

of

1

customers

thereto

names

Light CO.

subsidiaries

521,650

so

and

Southwestern

(Texas).

rendering

3'/a%

Corp.

^

.

3,967

-

'

fund; upon at least 30 davs" nublished notice

.

SUBSIDIARIES—The
Central

in

company's

Alleghany

Mortgage bonds-——

date beginning Dec. 1, 1S49, the initial redemption prices being 103% V
anfl lOX'/afr, respectively, of the principal amount, plus accrued intercsfc- Eo'^s will be legal investments for savings banks in California,
Connecticut, Massachusetts, New Hampshire, New Jersey, New York-,
0hlc- Pennsylvania (savings banks other than those organized under
special act of "the general assembly), Rhcac Islafid, and Vermont.

Company
Compaity owns
four principal public

mainly

engaged

service.

the

the

'

company, in whole or in part, on any date prior to maturity upon at
least 30 clays" published notice and, through operation of the sinking

merger

name

newly

a

stock

of

MniLin

?

CAPITALIZATION outstanding

112 Mias.

$o,966,259'

842

^

• •

'

$5,000,

West Corp.

stock- of

common

companies

operating,

utility

South

the

of

tv.,*

^1

Bramhall, Barbour &
_.C<HInc-AStockton Broome & Co.

physical properties.

any

all

and

registered holders

1,795.

IS^m^TcS± -2.JSSS

in

American

company,

company

of

and

stock,

of

preferred

$30^O00 and at. Aug. Ji, 194% was
the tothl litndmi debt And Miiinm»nV
ht 6 Jlnnual Interest
™ )0™! fU"dc?f,'!,ebt a ld equipment obligations amounted
^1^790' or-8 3? ^ AUg* 31'
WSre

,

$129

J>lAb

■

oiifi.'

p

Chicago

shares

of

agreement

holding

into

was

$879,122

•_

income
168

Dec.

COMPANY—Company is a public utility holding company and is
registered as a'holding company under the Public Utility Holding
Company Act of 1935, It was incorporated in Delaware July 31, 1925,
as

stocks of ®ub- consol.

lurtin-i

ent offering:
$146

-

$0.44

andTdmtaiTtl'atiVe

Dated

payable

in

93,665

was

3%% COUpoil.

com-

common

be

stock

convertible
■

number

• The issue was awarded Nov. 23 on a bid ot 98.65, a net
interest cost of 3.96%. Blyth & Co., Inc., bid 93.05 for a

semi-annual

payable

isf48; the

&

the common stock of.the

dividend

This

due March 1, 198Q.
Under tbs
in addition to assuming Pere
issue to Pere Marquette stockholders,

to

Alleghany corp., through ownership

Wf!■.

char-e''-

'

20 cents per share was paid on Aug.

of

bonds,

company,

"^mortgage 3%% bonds, series H, due Dee. 1, 1973 at
100 75 Sild interest

*

1947, and'Feb. 28, 1948; and a quarterly dividend
31, 1948".
A quarterly dividend

of

holders

$0.51

a*

^

the

in

share were paid

cents per

Aug; 30,

on

STOCK—Since

into? the

of Nov.

4,567,019.

A banking syndicate headed by Halsey, Stuart & Co, Tnc.
on
Nov. 24 offered $40,000,000 refunding and improve-

SS ,h.

3.%%

074 onn

Chesapeake & Ohio Ry.—$40,000,000 Bonds Ofteipd

111,608.000

.

8;

flEnnn «S n!l

*h

964

\

'

consolidated——-

merged

was

commioa

194s'-V're

'

$0 44

$0 51

other than Federal

Net

4,000,000

subsidiaries,

Corn-

as

*~~™777 ~~T7~T7r

of

income

—

t7,259,606 ;;hs.

company

(Mioh.l,

outstanding shares, 211,429.4 shares

mrnTTrfrrtw

nim«.

———

5,215,083

—~~

•

$4,000,000

stock
(par $5f
*8,000,000 she.'
Company & Subsidiaries, consolidated—

'

shares

011 com*

V

$4,000,000

1959—

the

oy3ied 597,234 shares, or_ 7.6*. Ofthe outfranding

109,341

„

Taxes,

1,

Common
Funded

,

Genera!

.

,

of

subJect t0 certain condi"

$3'353'597 $2'8B0'284 $9,055,111 $8,o03,280

.

EFPECT

ta° lREST TAVT
Authoiuzed
Outstanding

$125,000

~fhare"o"n

ov-tii

'

GIVING

Ry,

r

82,439

1,140,154

«

in

Company-—

equipment.

'2? j
•l?*
Z
^
H
?iiLVtPri 544
nJi nC0^ied
Jgg
J«t.eigated $«44 074 009 at Dec^. 31. 1937. amouided,ta ;
—mhe> total miblieiv heiri- fiin/tori \
nfi
$33f788,350, or I®- *
$12,965,9.53
totaiI
J?SL t ' ^nn iS noo
t 'S

!
,S'N™"T
EARNINGS COMPANY ONLY|
Period Ended Sept. 30, 1J48—
3 Mos.
9 Mos.

other

•themSmUt?inafe'nn ?hS( &construction program. P»rpbse;.of assisting
51f ^ Co" for *he
them
financing their
™ZATI0N

goo noo

Div

i

real-

purchase of additional-

Central

their

of

ized colltroi

98,402

—'—r*

1,365,685

'cbmrnorT stock
common stock

that Exchange.

on

not

the

to

subsidiaries,

r

share

a

Marquette

the

merger,

common

17,

.74 ^

84,020,438 $14,870,194 $13,075,299

$4,719,282
—

Earninc"C°per

&

less

'•••/

apply the net proceeds
stcck

common

its

Co.,
'

Stock

Barney
share

a

Pere

lative convertible preferred

4,570,989
6,246,000-

5,165.915
7,212,300

33,733

29,674
:

Gross income

Deduct, from

less

131,202

.

84,689,608 ,$3,986,705 $14,787,755

(net)—

share.

a

&

Co.,-Inc.

Carl

cents;

of

Blyth

&

pnny's

5;367,720
4,971,225

5,617,493

1,246,655
2,182,500

.

Other

Co.

of

As of.Septt

«fil

1,350,997
2,208,400

Lazard

share

a

651,059,938

passenger

passenger equipment
estimated cost of 71

of

issue oi 3%rw
cumulative
312,2-i2*2 shares of common stock.

1.04

6,665,477

1,145;897
1,199,516

1,635,772
1,470,728.

competitive-bidding

Brothers

the

incorporated under the laws
is-qualified to do business

-created

.74

'

acquisition- adjusts,—

Other

?10 25

at

agreement

.

Stern Brothers & Co

Tax, oth. than Fed. inc.
Federal income taxes—

when-issued

a

is
and

States

1S47,

G,

iri- conversion

Stlfel, Nicolaus & Co., Inc?

.Maintenance —i—V—1
Depreciation .—
Amortization of,.plant

state-

underwritten

on

Inc?

June

the

Marquette's obligations, agreed

2.54
4:29

—
—

representing

'

consolidated' mot ®count

'

The

Inc.

eroy,

in

ing, of :ts iirsi mortgage
.24-

4.29

One?th^E?evcw:'30~ $ic98^L^n4699597 $59 963 009^52'777 6U:
8K«oS
"JSBS loS

■

stock;-either subholders Of subscription

by

or

Shcpard'

Shields
Company
Sills, Mintdn- & Company,

'

common

subscription

prior

through exercise of

basis.

Nov.

10

by Lehman Brothers- and Lazard Freres & Co.
the underwriting privilege at competitive bidding,
unsubsedbed shares.
Prior
to
expiration of
the

The group, awarded
will
purchase any

offer,

•

became

the

Headed

a. group

each

Dec. 3... Subscriptions are payCo., New York, or Illinois Stock

Co., Chicago.

offering,

ment

by

for

The subscription offer will 'ex-

on

able at Bankers Trust
Transfer

share

new

On

Schoellkopf, Hutton & Pom-

share

held of record Nov.

Vn

1947

1948,

company; which thereupon acquired all the assets of Pere Marquette
rhd'assumed all of its obligations, including $49,173,000 then outstattd-

1.04

.54

Goldman, Sachs &,Co.——
7:63
Hallgarten &> Co.1—2.54

ciihccriHA'

tn

R.

.54

.54

.First .Southwest.Co—.54

tViirV viciht

&

Pacific

2.54

,

1.04

W.

1

31,

Aug.

as
a
foreign
Illinois, Indiana, Kentucky, Michigan,
Ohio,, and. West Virginia^ and also in the District of Columbia and the
Province of Ontario; Cdnada.

corporation

.54

E.

$8,000,000,

Virginia

iponweafth. of

1.04'

McDonald <fe Co.—_—-

.54

of

omount

COMPANY-—Company

104

Deing- Ottered tne llgnt to suoscribe to b.J»,b0o
Shares Of additional common stock (par $5) at
$10.per

;

4.29

.——

June

to

H,mts which it is seeking, to dispose of to other railroads; Buyers have
dln*dyr been secured for 33 of these units, estimated to cost $4,225,000.

2.04-

4.29

Corp,_____

Mackubin. Le0™* <te Cn.L_L_

g-tQ 864

offaraH

& Co;

Higginson

Loewi & Co

common

heioc

are

Kidder

Lee

R* L. Day. & Co

I

Ottered

Rights—Underwritten—Holders Of corporation's
stock
StOCK

M.

Kidder, Peabody & Co-.

.54

to

r

Jenks, Kirkland & Co

Davis, Skaggs & Co.

r,vc

prior

subsequent

1.04
1.04

Central Republic Co. (Inc.)
"___
JuMeti Collins & Co._^_—

'

-

...

Marquette Ry.

Edward D. Jones & Co;

.74"

CohiP & Co

.

Pere

sllfS™ 07whicr»%°^ 65?t to?' r„3fte<1 M
fi«-l.U9.m °f *hieta fc4_»,.037 is lor roadway property,

.74-

1.04

G.

bj-

2.04

n.—

Co._

J. C. Bradford & Co

_

Cn„lu

&

Blair & Co., Inc

$468 475

740

p

"

.

NOTE?—Expenditures
are excluded,

***"■£,
.24-

an

a

7.63

A.

'

;

'

includes

Fed
tax savings from
filing of consolidated returns—

Whipple

i

Hill Richards & Co

Baternan, Eichler & Co.__
Bear, Stearns & Co._f

197 119

$652 819

common stock now1
exercise of subscription1

the

upon

10.00 ^-The Illinois Co.

Barrow, Leary & Co

$665,594-

!

$672 640
'

__

.

(2223)-

The estimated amount of expenditures

Robert W. Baird & Co., Inc.
Ball. Burge & Kraus

131 056
■

$777 913

~

Income deductions

Bacon,

8533 938'

1

for

Perce,)'aS
10.00

.

491,958

I

Retirement

CHRONICLE

warrants are as follows:

$4 261 589

S1S15 268

deductions::::;:

Operating revenue
Federal inc. and

08*363

$5

FINANCIAL

&

respective names, such ot the 659.606 shares of

-

Ooeraar" revSue^

COMMERCIAL

York

funds.

Herbert D. Seibert, Editor and Publlshdri-

4

THE

(2224)

to Dec, 31,

1947. less potential income tax saving cn such interest. The
income before making this deduction was $4,008,836, equal to 51

net

cents

Share

per

the

on

stock.

common

The

corresponding

deduction

for. the period

to Oct. 31, 1948 was $4,631,500, and the net income for
before such deduction was $31,837,295, or $4.00 per share
the common stock.—V. 168, p. 1900.

the

The

in

No

>

Cit-Con Oil Corp.—$30,000,000 Bonds Placed

*~The

it

company,

Privately

announced Nov. 22, has placed

was

privately with Metropolitan Life Insurance Co. and Mu¬
Life Insurance Company of New York $30,000,000
first mortgage 3% sinking fund bonds, dated Nov. 1,1948,
and due Nov. 1, 1958.
The Guaranty Trust do. of New York has been appointed trustee,

tual

registrar and paying
The

proceeds

Lake

at

will

Charles,

for the

agent

used

be

which

La.,

construct

to

is expected

is

company

Continental
and

loan

65%

owned

by

Co.

The.e

two

Oil

have

also

plant.—V. 166,

agreed

take

to

Service

Cities

35%

by

guaranteed

-

various

certain

the

of

by

objections

30

plans

by

subject

is

of

An

the

Judge

A

Leahy,

Paul

of

the

Nov.

holder

C.

Net

Months

to its proper

in

On

who had been
an
executive
formation in
1929, died on

analyst,

corporation

since

N. Y., at the

its

York,

N.

Robert

of 62.—V. 168, p. 2117.

age

Er.ded Sept.

In

18

$3(.

(about

letter

a

shares

of

notification

of

stock

common

Underwriter,

selling stockholder.—V,

Cohu

168,

$1)

Co.,

&

filed

was

(par

with

be

to

&

1948

New

Months Ended Sept.

12

Net

1946

$1,343,531

♦Based

$2,027,077

$2,576,936

V.

1$1.34

♦$2.01

(& Subs.)—Earns.

1948

30—

all

The

$7,995,471

$8,594,271

349,433

295,860

230,578

$9,638,546

$8,291,331

$8,824,850

1,570,458

1,426,199

income

deductions

Total

Balance,

Earnings
♦As

surplus

per

months

litigation

shcrc_—

common

recorded

three

the

on

of

books

consolidated

period

$2.66

the last

the

by

Include

to

the

for

preferred dividends amounted

July, 1947, rate
released
earnings,

such

$7,275,644, which after
of common stock,

was

to §2.64 per share

NOTE—A

special one-month reduction in regular electric rates, made
in July, 1947, as a part of the same rate litigation settlement, reduced
earnings approximately 45 cents per common shares In the 12-month
period ended Sept. 30, 1947.—V. 168, p. 1039.
is

shares outstanding.
168, p. 1142.

common

par

tBased

30,

The

truly

install

new

168,

for

the

corresponding

week

of

1.8%.—V.

p.

Consolidated Grocers
Weeks

12

kwh.,

with

compared

week

last year,

of

567,775

867,492

on

share

V.

shares

periods

with

those

basis

and

parent

of

outstanding

the

after

allowance

subsidiary

new

company

that

so

in the future.—V.

Period End. Sept. 30—

will

results

168,

income-—..

oper.

for

Net

Pope, "and this acquisition, together with existing
pits owned by Colonial, will make the company independent of
supplies

of

sand

and

gravel

for

an

estimated

of

period

over

♦Costs,

be

on

The

Deplet.,

produce

deprec.,

leases

plant, Mr.

latest

in

Pope

mddern

1,500,000

added,

sand

cubic

completed

this year, and represents
equipment.
It has a capacity to
sand and gravel per year.—V. 168,

was

yards

of

'

—V.

$

'

$

Effective

NoV."

15,

Co., McKeesport,

Columbia

Radiator

Co.

Pa.—New Name

39,086,546
2,914,843

9,687,485

5,543,512

13,440,270

income

Profit

011

of

McKeesport,

Pa.,

an¬

8,543,573
12,557,295

11,569,053

56,985,261

31,962,461

5,133

(net)

sale

and

taxes

nounced

17,786,677

income
of

88,281

888,174

788,518

43,524

1_

Drl4,573

Dr202,430

Dr155,753

assets

225,963

——'

1,243,887

income

State

(est.)_

castings.
According to Cliarles Chaclwick, Vice-President and General Manager,
company feels that there is a great need for a production
gray
iron foundry in the Pittsburgh district
specializing in gray iron castings
for the automotive, farm
equipment, refrigeration, and consumer pro¬
*•

Shrs,

4,900,000

3,150,000

-August Rossetti has recently been

appointed

Plant Manager

15,800,000

8,950,000

stockholders

of

it

a

will

receive

plan,
in

heater

stock.

heater

In

exchange
The

stockholders

for

75.13%

each

forth

share

of

Combustion

held

three

Engineering

shares

of

Super¬

income.

The

during the above periods

4,747,155

$8.68

$5.24

taxes
in

not included

arts

in

respect thereto are not
of such taxes paid

amounts

were

follows:

as

1948—9 Months—1947

Capital
(net

$26,756,115
financial

£nd

its

No,

balance

$35,939,914 $31,•325,876

"'In

Oct.

31

shares

exchange

in

other

the

surviving

senior

corporation.

There

will

like

a

be

number

funded

no

"As

securities.

Mr.

and

The

directors

of
Combustion Engineering1 Co./ Inc.; declared
an
dividend of $4 per share on the
capital stock, payable on Dec.
24, 1948, to holders of record Dec. 2, 1948. This
compares
with $3
per share paid in.%947.—V. 167, p. 432.

Shearing

9 Months Ended July 31—
Profit before income taxes

Income
Net

Stamping

Co.

;

$1,224,296

440,984

'489^363

p.

$734,933

241 832

241 832

$2.82

oustanding

share

per

$3 04

—

564.

Anderson
is

reserves

securities

former
"In

Nov.

20

showed

ago.

Following
and percentage

a

are

5%

increase

the

kwh.

comparisons

with

to

make

20

Nov.

for
the

Parts

of

been

at

Sept.

a

27,817,400

Hamilton

6

and

Manufacturers

Oct.

30

168, p. 2117.

the

week

week

past

com¬

ended
a

four

year

weeks

1947

c/c Inc,

a

30,

377

crude

1948

Bids
at

25

will be

North

pro¬

168, p.

the

Trust

'^The weekly kilowatt hcur
,

in
'

1947,

Seabrook

of

225,632,000
221,373,000

4.2

Plan

Corp.—Weekly Output—
energy

or

this

company.

the

Bundy

on

Nov.

22,

Operating
Operating

by

St.

on

Farms

revenues

Prov.

for

of subsidiaries

7.56%.

State

expenses

and

purchd..

gas

the

a

corporation.

^(^nsummation
u

pliance with

1947.

preceded

by a number of
terminate proceedings

ol .consummatl°n, would
C°?!mif!un in 1940 8eekin® Commonwealth's
Section 11 of the
Act.




Dec.

15

out

This

makes

and

to

/

dividend

a

cumulative

$7

will

$35.50

of

$1

share

per

stock,

on

payable

earned

surplus accumu¬
this class of stock

share

per

reduce

per

of

preferred

arrearages

6%

the

on

share.

reported earnings for the 12 months period ended
share, this may seem like slow progress, but the
position does not justify more.
other companies, present
high costs mean that the

in

plant

the

levels, they

past

are

new

and

do

equipment

not

provide

and

for

which

depreciation
being based on

since,

Insufficient.

now

capital, this increased demand for cash must
While the board of tiustecs would like

dividend

shares

on

share

of

-

$4

be

to

,

effective
of

Nov.

Nov.

30.

value

par

22

approved a proposal to change the
of
common
stock, $4 par value," into
stock, $2 par value, each presently out*
exchanged for two new shares, the change to

shares

common?

The

stock,

company

of

has

now

which

4,439

outstanding

shares

896,260

held

are

stockholders

168,

p.

Co.—Bids

for

the

to

50,000

from

consideration

to

without

increase

the

100,000,

which

stockholder

any

total

number

be

may

having

shares.-

in

of

the

shares

issued

for

&

pre-emptive

any

,

has

company

purchased from the War Assets Administration
plant in Saginaw. Mich., for $782,123.
During the

the

company operated the war
present lessee.—V.168, p. 1580.

directors

per

share

Dec.

10.

surplus

industrial

plant

and

was

-

Nov.

on

23

declared

year-end

a

dividend

of

50

cents

the

on

common
stock, payable Dec. 20 to holders of record
brings dividend payments in 1948 to a total of $1.50
(including the regular quarterly dividend of 25 cents

This

share

able

of

voted

Electric Boat Co.—Year-End Dividend of
50 Cents—

2117.

Purchase

stock

also

Buys Saginaw, Mich. Plant—

Dec.

made

in

6

to

pay¬

holders

1947.—V.

of

168,

p.

record

Nov.

19).

No

year-end

payment

was

846.

Nov.

due

1978.

Ohio.—V.

22

Farms
label

For

to

11

168,

(EST), Nov. 30,

a.m.

voted

Co.,

in

to

change

order

to

the

name

give closer

of

frozen

food

of

this

identifica¬

Is

being

1948—12 Mos.—1947

694,258

1,053,080

1,025,084

938,307

1,355,759

1,195,198

1,085,546

1,490.907

901,118
1,255,524
1,451,869

300,639

Erie
The

230,455

201,539

taxes..

345,019

285,840

478,365

382,069

$2,199,136

$1,825,517

$2,748,108

$2,444,655

224,885

154,307

301,694

217,084

t

Net

Other

oper.

revenues-

income

income

$2,424,021

$1,979,824

$3,049,802

$2,661 739

601,312

353,545

-693,999

19.6%,

■

com¬

income

Preferred

dividends

Common

Earned

—V.

for

coin.

$1,626,279

$2,355,803

$2,187,594

345,000

252,500

4—258,750

shares
per

stk.

$1,563,959

outstdg.
1,162,600
shave— —$1.35

168, p, 1360.

the System input of subsidiaries
75,619,000
kwh..
an
increase
of
the corresponding week of last year.—
to

will

receive

bids

up

to

Dec.

8

for

the

purchase

of

10 equal annua!
instalments. No bid for less than 99% will be
considered. The proceeds
will be used
to
finance about 80%
of the cost of new equipment.

168,

Ero

2007.

p.

Manufacturing Co. (& Subs.)—Earnings—

Years Ended August 31—

profit

charges and taxes
Earnings per share on 350,000 shares of

1947

700,219

$2.54

after

$7,426,881

889,803

sales

Net

1948

$8,684,539

Net

$2.00

com¬

stock

mon

—V.

168,

p.

1580.

Electric Bond &
Period End.

Sept. 30—

Total

interest
dividends

Other

income

Share

Co.—Earnings—

1948—3 Mos.—1947

$522,500
407,563

$522,500
492,265

438

212,500.

Federal

$930,501
income

$1,413,779
1,162,600
-;$1.22
:
'

$2,010,803
1,162,600'

$1,935,094

1948—12 Mos.—1947

$2,085,000

$2,082,500

3,736,596

438

2,294,111
1,750

$1,015,203

$4,380,861

$5,820,846

350,235

.

,

-

-W:

Sl.«6
•

'•

expenses

Net

income

surplus

1,750

93,553

78,576

25,251
179,164

(axes

Interest

22,606

97.455

°o!730

227,236

770,700

1 017,41o

111,563

429,632

270,302

$527,533

$575,222

$2,732,839

$4,006,177

1,162.600

$1.73.

taxes

105,000

Other
Other

Balance

over

Corp.—Weekly Input—
19-18

474,145

$1,822,709

deductions

18,

RR.—Equipment Trust Issue—

company

Total
Gross

or

Nov.

amounted

267,261

taxes—.

local

er.ded

Subs.)—Earnings—

1948—9 Mos.—1947

787,231

week

corporation

$4,850,000 of equipment trust certificates to mature in

$13,078,652 $11,199,430 $17,165,165 $14,805,411
3,632,412
3,173,246
4,848,070
4,218,755
3,664,117
2,995,177
4,890,238
3,884,160

taxes-

the

this

12,359,000 kwh.,
V. 168, p. 2118.

1901.

p.

name.

of

Electric Power & Light

for the purchase from it of $15,000,000

Daytbn,

depreciation-

Federal

Income

plan of reorganization filed by the
was

6%

1948

$36.50

Total

of this plan, which

declared

the

worn-out

manufacturing

Automotive

845.

p.

the company up

__

income

and

Net

approved

$11.61

Manufacturing Co.—Split-Up of Stock Voted—

common

Tubing Co.

of

Approved by SEC—

The SEC

$16.78

$22.76

per

aside

right to such

—V.

Federal

electric

168,

Delaware Power & Light Co. (&

5.1

of

io

stockholders

The

a

distributed pres¬
ently throughout the northeastern United States.—V. 168, p. 44.

Power

corporation adjusted to show general business conditions of
tl}e wfek endei N°v. 18, 1948, amounted to
11 increase of with 315.204,627 for the corresponding week
compared
an
23,823,044

Maine

Maintenance

output

$4,343,073

for (he

2,500,000

to

and

of

Co.

of, Detroit.—V.

Light

company's brand

4.1

Southern

&

received

stockholders

to

Other

&

1,108,729

$6,277,466

pfd. stock.

directors

authorized'. l.OOO.QOO

1142.

Deerfield Packing Corp.—Change in Name Voted—

230,680,000

230,682,000

1,108,729

$8,514,154

stock

faster

Eaton

cash

oil

amounted

of

director

Treasurer

Corp. below.—V.

The company is inviting bids,
first mortgage bonds, series A,

5.0

'

Commonwealth

Gas

Power

240,200,000

—V.

be

per

Dayton

231,586,000

237.201,000

1,108,729

pfd.

of

of

additional

Bonds—

243,189,000

..

4,/8%

on

progress in paying arrearages, the board is clear that
of more than $1 per share at this time
would
best interests of any of the Association's
shuteiiclders.,"
The directors also declared a
dividend of $1.50 per share on account
of accumulations on the
6% cumulative preferred stock and the
regu¬
lar quarterly dividend of
$1.12Vs per share 011 the 4>/a% prior prefer¬
ence
stock, both payable Jan. 1, 1S49 to holders of record
Dec.
15,
1948 out of earned
surplus accumulated after Dec. 31, 1947.—V. 168
p. 2006.
on

24,237,292

392

in

earlier.—V.

year

elected

the Detroit

Period End. Sept. 30—

1948

13

—

of

$5,451,808

largely from' earnings.

standing

Cumberland Gas Corp.—Control Acquired—
See

The

associated

corresponding

totals

$7,386,195

President, states:

most

cost

The

tion

1947:

Week Ended—
NOV.
NOV.

the

over

output

1,825,674

$9,622,883

the absence of

met

war,

has

corporation to Seabrook

Commonwealth Edison
Co.—Weekly Output—
and

3,998,866

1,856,670

during

cash

set

be

shares

162

President

director

a

Aviation

The

Electricity output of Commonwealth Edison Co.
panies, excluding sales to other electric
utilities,

5,124,826

1,843,916

1947

$682,261

shares

3SS

Subs.)—

$1,123,245
;

profit

Earnings

(&

1948

taxes

Capital
—v.

&

5,272,005

from

$22.76

replacements

annual

Commercial

1946

31,

face

of

become

142

Government

Anderson

Detroit,

Subs.)—Earnings—

2,087,223

the

Lee,

with

The

of

(&

pceds much more cash than fcrmerly for inventories
working capital. Furthermore, a large amount of cash is
required

20,705,554

Crucible Steel Co. of America—New Director—

of

debt

to

$13,363,571

of 6%

Association

28,153,472

8,275,471

$39,669,740, compared with $24,233,458

W.

per

22

Arrearages Reduced—

stock

the

Association's

-

Wendell

cents

treasury.

drilled

and

25

1947

_j

18,

Halfdan

24,720,106

barrels of 42 gallons each,
fIncludes equity
by controlled companies not consolidated.

Cash

of

4,393,260

received

preferred

30,192,636

9,717,770

wells

dividends

stocks,^payable Dec.

$18,760,951

record

set

prod.

—'

of

company

or

initial

1253.

4,233,758

holders

9,863,386

1

8,895,756

the

complete

the

is

'

(bbls.)_

that

a

elected who
required."—

depletion—!—

and

after Dec.
have

7,543,321

10,060,879

refined

(bbls.)

concerning

subsidiaries

1948—9 Mos:—1947H

$12,360,123 $14,105,602

—

imperative

$20,972,562

taxes—

to

27

will

The

'-1948--3 Mos.r^-1947

.

of

:

income

on

,

production

♦Sales

of

$24,541,130

information

consolidated

,

bbls.)
runs

by

cancelled.

oil

♦Refinery

bonds

be

expenditures

t*Crude

mortgage

also

and

company

Period End. Sept. 30—

♦In

The minority stockholders will receive in
exchange for their 38,487
shares 115,461 shares of stock* of
the new company. Holders of the
862,855 outstanding shares of Superheater Co.- stock
(not
including
122,350 treasury shares) will receive in

statistical

the

of

$9,731,437

,

duced

shares)
stock interest of Super¬
together with $4,188,000 of first
Superheater
will
be
cancelled.
All
inter¬
would

24,889,113

4,823,458

$1.84

.

ekcise

gasoline

below:

(116,243

accounts

operating

gross

operations

Engineering,

sheet

and

1948—3 Months—1947

Combustion
held

4,747,155

$2.68

„

.

oil

$10,174,582

this

minority

State

NOTE—Certain

Engineering-Super¬
heater, Inc., will have an authorized capitalization of
1,200,000 shares
of stock, of which 978,316 shares will be
outstanding.
the

in

accrued)

pro¬

company and of Superheater Co. will on
Dec. 22 vote on
approving a plan of merger of the two companies,
which,? if.'ratified, will become effective on Dec, 31. The resultant
corporation, which will be known as Combustion

Under

4,823,458

41,871,005

'

which gives

program

Combustion Engineering Co.,
Inc.—Merger Proposed—
The

and

operating charges and the amounts collected
included

day.

"

30-

8,718,724

is

1948

arrearages

not

the

and

Sept,

c6m. share—

per

♦Federal

(or

company is completing a modernization
duction capacity of 200 tons a

12,935,334

—

outstdg.

Earns,

the

duction industries.

income

it

possible, and that

as

common

p.

income-

requirements

Nov.

i

Net

Petit

168, p. 2006.

lated

161,469,064

163,926,130 108,405,735

5,242,499

income

Fed.

the chftngo of its corporate name to Columbia
Foundry Co.
The company "alto announced its intention to withdraw
entirely from
the heating boiler and radiator business and
devote its entire facilities
to the manufacture of production
gray iron

B

168,

of

surr'd
3,413,051

Net oper.

are

Raymond

R.

C.

the

declared

Dec.

$

59,113,954 244,039,146

58,751,772

Inc.;

stockholders, be
management
so
urgently

class

1—V.

income

On

retirmts.__

and

Dividend

*

20

and

account

ly48—9 Mos.—1947

developm't costs

Intang.

Other

Columbia Foundry

for

Earned per share

recon¬

extraction

p. 740.

Nov.
A

Bstance applic. to 6%

consoli¬

a

and

taxes, oper.
admin, expenses

20 years."

the

of

prior preference stock—

(& Subs.)—Earnings—

85,193,999

holders

Inc.;

Co.,

1797.

p.

1948—3 Mos.—1947
$

Gross

preferred
&

Diebold,

believe

soon

Interest and debt discount

$1.47

-

Mr.

"We
as

capable

Dec.

consolidated

Dividend

reports

the

of

be shown

can

Continental Oil Co.

Generoso

cutside

record

Depreciation

1,321,729

less than one month of the period reported on above,
corporation operated as a subsidiary, Rosenberg Bros. & Co. - The
figures reported do not Include the opera tions of such subsidiary.'

Accounting

John

1692.

Provision

NOTE—For

has purchased

£and

of

on

class

Dividend

Pope, President, on Nov. 22 announced that this company
the New York Trap Rock Corp.'s sand bank, plant and
dock propel ties located at Roslyn, L. I., N. Y. "The property contains
approximately
25,000.000
to
30,000,000
cubic
yards
of
sand
and

added:

12 Months Ended Oct. 31—

Colonial Sand & Stone Co., Inc.—Acquires Plant—

gravel," said

the

168, p.

Total

preferred dividend requirements.

dated

is

increase

an

612,376
$0.66

$0.61

common

the

York

of

this

ciled

common

The company's $1 par common stock was admitted to
dealings on the
York Curb Exchange at the opening of business on Nov. 22.—

$26,437,348 $27,818,499 $31,878,356

—

W.

Treasurer

Eastern Gas & Fuel Associates

profit

♦Based

for

committee

New

Sept. 18,'48 Sept. 20, 47 Sept. 21/46
-

♦Earnings per common

only

the

Duraloy Co.—Admitted to Dealings on Exchange—

226,700,000

Corp.—Earnings—

Ended—

Sales
Net

of

DuMont Laboratories, Inc.—Initial Divs.—

directors
on

holders

of

the corresponding
2117.

for

168,

representing

Warren

representative
and

(Allen B.)

and

234,900,000

to

and to enlist stock¬

February.

941.

p.

The

announced that System output of elec¬
purchased) for the week ended Nov.

24

generated

amounted

in

formed

one

22

the

J. Young, of F. J. Young & Co., Inc.
stockholders, the committee said that from Jan. 1,
1948, the company had an operating loss "of over

letter

board,

on

1947, an increase of 3.6%. Local
distribution of electricity amounted to 212,300,000 kwh., compared with

$7,334,726

reflect earnings for

released

were

Adjusted

income

net

$2.98

ay.d docs not

which

1946

settlement.

♦$8,865,132
$2.46

$8,068,088

:

Nov.

on

(electricity

1948,

kwh

1,490,123

revenues

company

tricity

209,100,000 kwh.
Gross

•

no

of

and

directors be removed

new

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

1946

1947

$9,289,114

operating revenues.,

non-operating

share

1,005,894

on

meeting

of

Nov.

cn

restore

to

*$2.56

$700,000."

share

21,

Total

taxes

per

earning power"
of

numbers"

company

steps

Fred

and

Sept.

present

1,075,000

$4,371,436
1,794,500

1,005,582 common shares outstanding.—V.

Total operating revenues
$59,697,134 $50,426,509 $43,843,244
Operating expenses and taxes—....
50,408,021
42,431,038
35,594,271

Net

after

this

Chairman

1947.

members

Harned

H.

Co.,

to

1947

892,500

♦Earnings

to

go

940.

p.

Cleveland Electric Illuminating Co.

-

market

and

"substantial

of

immediate

outgrowth

November,

letter to

$3,102,077

Taxes

covering

at

Proceeds

York.

New

SEC

the

offered

take

annual

next

an

Vice-President

a

1948

-

Y.

V.

Koontz,

$2,241,031

30—

earnings before taxes

*

Nov.

21,650

$2.10

Sloane, trustee of Thomas Alva Edison Foundation, Inc., and mem¬
ber of the executive committee, National Committee on
Housing, Inc.,
while its Secretary is Harry A. Frothingham
of 50 Broadway, New

will

SEC—

is

"to

status

the

at

representing

stockholders

common

formation

committee

shareholders

Conde Nast Publications Inc.—Earnings—
Nine

Co., Inc., Brooklyn, N. Y.—Filing With

$2,235,230

$2.09

E.

financial

Watt,
this

of

at Scarsdale,

1947

$2,273,470

charges

,

committee

and

its

support

This

Sutro

the lubricating

production of

21

independent

preferred

company

of an en¬
has been
Federal District

hearing

court

share

2006.

announced

issuance

the

to

District Court.

S.

168,

1948

and

taxes

(W. L.) Douglas Shoe Co.—Stockholders' Committee—

the plan raised by
and option war¬
reorganization sub¬

to

stock

common

alternative

plan

U.

a

Dec.

p.

Death of Arthur C. Watt—

368.

p.

Clarostat Mfg.

—V.

holders of
have

the

Commission found,

the

after

per

the

Co.

have

companies

the

and

accorded

is

which,

income

Earnings

Court at Wilmington, Del.

Arthur

Co.—Earnings—

6 Months Ended June 30—

Net

security holders.

order
for

reorganization

warrants,

Commonwealth's

rejected

Consummation
down

the

over-ruled

of

by these

assistant

The

the

and

forcement

lubricating oil plant
completed by October,

a

be

to

holders

mitted

set

in

option
value.

Commission

rants,

issue.

1949.

of

recognizable

The

Diamond Alkali

through

participation

certain

Monday, November 29, 1948

for

Commonwealth's
no

CHRONICLE

provides

exchange

tribution

FINANCIAL

&

for the dissolution and complete liquidation of
the retirement of its outstanding preferred
certain portfolio, securities and cash, and the dis¬
the remaining assets to the common stockholders.

plan

Commonwealth

period

on

COMMERCIAL

to

436 227

earned

Volume

168

THE

Number 4755

COMPARATIVE

ASSETS—

BALANCE

stock

SEPT. 30
1948 '

SHEET,

,

Securities

Foreign

&

Advances—Ledger Value:

Foreign

and

Power

Co.

warrants-

Co.

debs,

Notes

Cuban

1

Inc.

option

229,952,489 229,952,489
30,000,000
30,000,000

.

;

Electric

6%

due

19,500,000

19,500,000

1948—

to expire on Dec. 31,

was

FINANCIAL

CHRONICLE

1948, unless that privilege was extended

Less

279,452,489 279,452,489

investment

Foreign
United

200,000,000 200,000,000

reserve

Utilities—net

ledger

Stocks

and

option

mkt.

upon

warrants

quots.

$78,002,200

at

and

States

based

1948

was

1947

30,

was

104,685,354 105,288,273

-

1

reserve

Utilities—net

30,063,558 ' 30,588,782

advances—net..

privilege of exchange of this 1945 scrip also expires on March 31, 1950
(or, in the case of the preferred scrip, on the redemption of the pre¬
stock prior to March 31,
1950, if that, should occur).
Neither class of scrip certificates is listed on the New York Stock
Exchange, but both classes are bought and sold in the over-the-counter
market. Scrip holders desiring to sell their scrip certificates or to buy
others to complete a full share may consult either their own brokers
or
one
of the fdllowing firms,
which deal in the scrip certificates:
McDonnell & Co., or Josephthal & Co., both of 120 Broadway, New
York 5, N. Y., and both members of the New York Stock Exchange.
Scrip certificates which have been combined to aggregate at least

S.

interest

Associate

69,604

;

Divs.

on

200

stock

Common
Notes

Notes

($5

l3-*%, due Feb. 25, 1949
134%, due Feb. 25, 1949

interest—bank

Accrued

26,251,788
25,500,000

24,000,000
361,703

—;

506,204

843,903

•Prof,

29,250

62,485,109
9,103,160

40,833

U.

fr.

S.

29,25o

$1,242,131

$1,772,032
121,606

786,768

notes

on

Federal

l_

90.000

tax

income

$1,893,638

,

taxes

——

—

contingency
Earned surplus since Jan. 1, 1945

Capital adjustment

and

reserve.—

270,065

To Distribute Subsidiary Stock—

$3,732,969
268,931

stock

$780,414

$1,049,400

$3,464,038

1,779,888

1,779,888
$0.59

1,779,888
$1.95

Profit

be paid

the SEC for

has asked

company

the rate of 50 cents

at

a

The

profit of

Gair

—

-

Maintenance

March

on

for

Retirement

General

accruals

res.

taxes

—

612

79,012
146,616
63,185

151,064
76,000
151,947
55,922

155,734

6,333

6,672

9,730

15,710

-

P.

14,169

13.801

:

;a

taxes—

<7r3,392

operating income
Non-oper. income (net)

*$5,507
6,885

$736
3,195

$96,102
72,675

$51,023
81,285

$1,378

$3,931
925

$168,777
29,391

$132,303

Federal

income

*

1, • 1948,

income

Deducts,

—

4,718

inc.

from gross

the

quarter.

4Loss.—V;

Months

TNet

Ended

$1.88

stockholders

The
snd

plan

Inc.—V.

Quigan,

Pressed
of Federal Machine.

Snyder, Jr., Chairman of the board and President of

John I,

Co., Inc., has been elected a director
a director of Cory Corp., Chicago.—V.

Car

is

He also

agreement

an

of Frank J.

this corporation
; "
'

with

& Welder Co.—New Director—

Federal Machine

Steel

will consider voting upon

20

Dec.

on

consolidation
168, p. 1041.
of

30,000

•Based upon 656,049

(and

in

stock......

common

1948.

1948.

type American-made

1947

"

'

1943

,1

shares
per

^208,940
!;

provision

of

$275,000

Nil

Western

arrears.—V.

Brewery

is

the

lor

sales

first

Inventories

of

as

1948.

1,

months

nine

the corresponding

for

at Jan.

the

period of

Sept. 30,

understood' that

be

week

continued

In

as

168,

Grande

purchased

certificates

in the

division

Trust

has

been

appointed

7,158 shares of common stock (no par) was made on
the New York Stock Exchange Nov. 23 by Reynolds &

of

Co., New York, at $17.75 per shares The issue was-over¬
subscribed in the elapsed time of 26 minutes.1 Commis--

sion, 60 cents.—V. 168, p. 545.

*

.

26,

was sold by a group

comprises

field.

of

61,400

Maracaibo

acres

and

than

oil

•Crude

INCOME

was

offering of 26,960 shares of class A stock (no par)
Brothers and Bacon, Whip¬

The stock, priced at $13% per share, was over¬
subscribed.—V. 168, p. 45.

been purchased

higher than
amount

Gross

operating

Operating

Net

-

and

in

interest

Net

Divs.

$4,735,582
368,840

profit
on

pfd".

4' t

Divs. on 4lz%

stock
pfd.

911,967
1,215,956

253,128
447,385
426,446

$2.39

Earnings per com. share
assets

Current

liabilities

$24,814,648,

are

assets

Current

receivable,

Cash,

of:

consist

and

$30,346,943;
prepaid taxes,
insurance
$495,607; total current assets, $67,183,727.

other

expenses,

previous
over

i

,

effect

current

with

the

the

addition
reflect

assets

and

$30,000,000

long-term

new

much

a

current

sales
more

liabilities

period

same

since June

fund

made

financing
favorable
than

plan

at

4,800,000

taxes

foreign

23.000,000

Income taxes,,

enjoyed.

bine

77,124.470

The

which

240

towns

Alco-GE

an

will

be

•

4,500-hp.
plant in

placed

Pacific

RR.

in the

Union

completed

East.

in

next

company
the

extended

has

common

.changed-, for

st-ock

full. shares

scrip

of

to March 31, 1950,
certificates mav be

common

stock.

locomotiues

Months

and

Ended

It

the

period

track

unit, began
Pa.

tests

on

be obtained.—V.

can

Sept.

168,

p.

ex-

were

—V.

and

12

Chicago, 111.

Gas

on

7,408,500

Net

6,329,600

$2,902,100

$2,142,300

14,300

£>r38,000

have

inc.

taxes

$4,922,200

$2,864,100

profit

12,

after

shares
per

—V,

$2,194,000

taxes

1,871,000

1,089,000

.834,000

$3,051,200
1,007,303

$1,775,1,00

p.

165,

electric

25-cent

$1.36

1948.

to

of

this

for

company

161,989,329

kwh.,

Georgia Power Co.—Bids

The
this

an

the

week

increase

to

exchanging

them

for

common

on

Bonds—

company,
at the office of the service
& Southern Corp. (New York), 20 Pine St.,

the

Commonwealth

N. Y.f before noon

(EST)

Nov. 30.—V.

and

allowances

168,

p.

&

2119.

v-

were

$4,511,52?

in

%"

.■■:z
.'*«

1

oh

share

record

of

1948

168, p.

per

Dec.

3.

40 cents each on
will total $5 per

and

10,

$3

the

This
March
share,

1902.

1948

and

taxes

1947

$646,679
4,920.000

J

1946

;

$904,509
4,920.000
$0.18

$647,104
4,920.000
$0.13

Ltd.—To Pay 25-Cent Dividend*—"^"*

for

1948

per

been

declared on the

10,

of 20 cents per share was paid

iii 1947.

dividend^ by
period of one year," five divi¬
$924,000, or $1.05 per share.
•<
/

50 cents

amounting to

capital

record Nov. 10.
Including 'the
last, this brings the-total for

of

March

.since 1930 when,

paid

has

holders

A total
of

share

to
on

per

share ie the largest

within

President,

on

a

Oct. 30, said in part:'

•

the

in

31

the

wells

on

production

production,
of

12

other

the

has a financial
located In Turner

company

wells,

all

Valley.
The

,

;

$8,337,447

cents

.

1948^-9 Mos.^-,1947

$3,333,391 $11,384,210

25

Turner

company's net production in Turner Valley for the

present year

previous year's production by over 10%;
controls practically, all of the undeveloped proven oil
reserves
In Turner Valley* excepting such reserves as have recently
been established- by Royalite Oil. Co. by deepening former- produetng

should

.

total

Besides

168. p. 2007.

1948—3 Mos.—1947

less discts,,;

of

$0.13

payable Dec. 15
payment made

interest

company,
New York

(A. C.) Gilbert Co.—Sales Continue Higher—
sales,

was

holders

to

outstanding

of

company

The

Period End; Oct. 31—

a

Valley, three wells have recently completed drilling and
are
now
on
production.
Two new wells, No, 34 Is drilling, and No. 35, which is rigging,up.
should bo drilling within the
next 30 days.
They are both located
north of the No. 33 well, making them the most northerly wellk in
Turner Valley.
.
In

of

inviting sealed, written proposals for the purchase from
$12,000,000 first mortgage
bonds. Such proposals are to be

of

13

Sept.

share

Jas. R. Lowery,

Company is
it

dividend

a

Payments

charges

this year to $880,000.

dends

output

controlled ,*by

corporation,
it

2278.

dividend

stock,

" 1,001,514

$1.77

A

$1,360,000

1,001,514

$3.03

share

amounted

declared

stock, payable Dec.
with $1.20 paid on

June

Capital

ended Nov. 19,
12,608.046 kwh.,
8.4%, over the corresponding week of last year.—V. 168, p. 2119.

The
1948

acquisition,

51,700

(net)

i

per

this

Co.. has acquired

The

6 Months Ended June 30—

1946

$3,471,900

$4,907,900

of capital shares

that

20

Gas Corp.

Hollinger Consolidated Gold Mines, Ltd.—Earnings—-

1947

Income

for Fed.

Nov,

Service

Corp.

compared with $3.20 in 1947.—V.

as

General Public Utilities Corp.—Weekly Output—

—V.




called

Public

directors

compares

168, p. 1361.-

certificates

of

•

for $10,000

announced

was

common

2119.

8,983,700

Federal

for

profit

Net

within

and

2119.

p.

serial

5%

(M. A.) Hanna Co.—To Pay $3 Dividend—

-Earnings1948

30-

(or deductions)

bef. prov.

Inc.

Provision

originally issued on Dec. 20, 1946, in connection with the payment of
the company's 6%
stock dividend. As the legend at the ton of these

privilege

been

interest

Cumberland

The

,

$13,891,600 $10,310,600

Other incohie

.

combined

These-certificates

produced In Kuwait.—V. 168,

majority of the~Vtock
stated, should pfcr*
mit a greater Integration of the activities of the three companies ;ffl
West Virginia, Ohio and Kentucky, involving production, transmission
and distribution of natural gas.—V. 168, p. 1145.
' •

of

Erie,

,

expenses

'

the

and

Earnings

Gross

indicates,

share of oil

North LaSalle St.,

operation on a demonstration
spring, after preliminary tests

„

income, from operations

5,

March 1, 1950—

9,076,202
$4.68

$6.80

Hamilton Gas Corp.—Controls Cumberland

turbine-electric locomotive to be built and operated in

States,

sales

Cost

or

Gair Co., Inc.—Common Stock Scrip—Certi¬

42.510,375

11,345,250

for redemption on nec.
15, next, $20,000
sinking fund bonds dated Dec. 15. 1942 At
principal amount due 1949 and at 101
and interest for $10,000 principal amount due 1950. Payment will jbe
made at the American National Bank & Trust Co. of Chicago, trustee,

ornamental fixtures, and 5,600
transformers, controls, and allied equip¬

General Portland Cement Co.

presented

-

covering

program

have

mortgage

100 V2

have

(Robert)

9,000*000

4,552,711

share

per

There

first

Turbine-Electric Locomotive Built—

Gas

powered

Nine
Net

loans

ficates Exchangeable to

5

Haggard & Marcusson Co. (Ill,)—Partial Redemption-

American Locomotive and General Electric com¬
panies pointed out that lengthy factory and road tests must be con¬
ducted before any real indications cf the ultimate success of gas tur¬

ratio

has

4,590,444

2,820,000

*

6,615,601

outstanding,,,,,

shares

•Includes 50%

Spokesmen for the

into

company

1,158,834

2,189,028
5,000,000

...

provision

income

and

Earnings

2,000

were

the General Electric

the

by

have been

1943

30,
put

applied $9,000,000 in October to reduction of outstanding
through sale of customers' paper.
Present bank loan bal¬
ance
of $5,000,000 will be liquidated in the near future.
The sales
outlook
for our
industry is generally favorable, with a satisfactory
backlog of orders on hand."—V. 168, p. 1798.
"We

bank

basis

available

current

the

the

of

64,632,364

—;

Federal

33

purchase

locomotives

The

payable

working capital has increased
In

will

recently

hithertofore

15

Earnings

company's

the

first gas

United

Number

and

year

the

between

the
Nov.

Harry C.

comparison

in

value)

4,146,846

118,729.099

a.

trust

Southeastern

reduction

$1,000,000.

through

Notes

expenses,

60,485,518

the issue.

for

Utility—

-

"There has been an inventory

stated:

President,
(dollar

18%

of:

accrued

modernization

ment

the over-all financial outlook of the company,

Concerning

Fruehauf,
of

consist

and

payable

32,699,685

113,757,394
4,971,705

Compensation
State

93,185,203

42,016,073

etc

Income

Home Oil Co.,

to banks, $14,000,000^
$6,902,700; Federal taxes on
income, $3,911,948; total current liabilities, $24,814,648.
liabilities

Current

Accounts

$

155,773,467

w__!

amortization,

income

Pension

:

68,094,958

/■■''..'hi

instalment equipment
receivable, $12,591,239; inven¬

tories,

■

529,641.107 357.582,205

Income

depletion,

Interest

$4,631,123;

accounts

$19,118,815;

..J",-,
V *
1947 '

77,815,428

income

Total

Stale.

pendant luminaires, as well as

$2.59

of Sept. 30, 19481, $67,183,727.
Current
with a working capital of $42,369,079.

(as

are

893,603
1,191,742
$2.66

905,848
1,216,028

$3.59

stock
shs. (par$li

common

on

notes

„

conv.

.

No. of com.

\

$1,358,136

$3,458,473
188,889

$3,275,977
373,060

stock
Divs

4,412,246
3,054,110

5,578,127
2,119,654

5,283,619
2,007,642

7,523,920
2,788,338

—

(est.)

Fed. taxes on inc.

lighting

the

in

Included

deprec. and

Profit after

cities

The

1945
$48,717,575

reported

1948
....

income

operating

OthOr

$700,000 worth of G. E. "white way" equipment hasthe Public Service Co. of Indiana as a part of its

street

Alco-GE

* 1948
1947
1946
$64,646,587 $62,568,254 $51,978,425

Sept. 30—

sales

La ,Paz

are

ACCOUNT

June 30—

(bbls.)

Depreciation,

cumulative

$4.25

located

the

tract

$

by

$2,000,000

Fruehauf Trailer Co.—Earnings—
9 Mos. End.

of

of Venezuelan
leases

t

made Nov. 22 by Lehman

ple & Co.

Net

shares

of

between

Two

CONSOLIDATED

Capital

4,500

Gcneral EIectric Co.—Purchases Made by
Approximately

ary

of

.

Offering—A second¬

Co.—Secondary

Shoe

Florsheim

total

a

1

-

.

Co., the Gulf Oil Corp's Vehezuelan subsidiary,
assets of Orinoco Oil Co., another Venezuelan
Oil Co. held a 75% interest. The remaining

northwest

Mara

6 Months Ended

preferred
stock, series A were called for redemption on Dec. 31, 1948 at $100
per share plus dividends of 70.83 cents per share accrued from: Nov. 1,
1948 to Dec; 31*'1948,—V. 168, p. 2007v> -Ji
•
(i.
■m1: .
1 ■(".v , ' '
Nov.

Western

the

property

inventory

Partial Redemption—
•On

Association

Expands—

Net income

Co.—Special Offering—A special offering

Firth Carpet

oh'oV

available

Griesedieck

producing wells 011 the
to be currently flowing about 325 barrels daily.-

aggregate

trustee

Oil

miles

25
and

area

Transport"Mon

Co.

be

Breweries

of

shares r'dr

common

will

Park

1902.

p.

all

Orinoco

about

Corp.—Equipment
Trust Certificates Placed Privately—The company has
sold privately $6,480,000 2%%-3%% equipment trust cer¬
tificates (authorized issue $12,960,000) series 44. Certifi¬
cates are payable quarterly, with final installment due
Nov. 1, 1968. The issue was sold to two insurance com¬
panies and three banks through Kuhn, Loeb & Co.
Manufacturers

Ilfc—-

investors.

the third quarter.—V. 168, p. 742.

American

/

Belleville,

new

plan,

Hyde

separate

a

for

the

under

December.

25%, also acquired by Mene Grande,

$859,737
$1.31

higher

18%

approximately

increase

no

were' 7%

1808.

in which Pure

1947.

1948 are

There has been

1948

of

p.

•

Western, issuable
first

company

losses).
Net

167,

Co.,

,

—

pqssible

for

537,933

4,879^831
$0.10

share

tDisregarding preferred

,

1947

$11,950,967

5,127,410

_

outstanding

commpn

Brewerey.—V.

tAfter provision for Federal

shares outstanding.

after

.

,

pointed out that early patents covering processes
the longer-wearing Jow-tempcrature rubber were issued to

$3,075,449

It

will

has

$1,413,377
$2.15

$1,414,904
$2.16

share......

•Earnings per common

represents

Goodrich before the

Mene

73,500

tons

expected to be
tons of all types of manV
•
;

375,000

in

com¬

rubber

which

The

164, p. 1719.

The
cold

of

1949."

Griesedieck

1946
$859,737

"1947
$1,461,794
48,417

$1,488,404

General

Fedders-Quigan Corp.—To Vote on Consolidation—

Approximately
new

13.

tons

the

about

1948

Good¬

plan of merger between this company and Hyde Park Breweries
Association, Inc., St. Louis, Mo., which was approved by the stddk-}
holders of both companies on Nov. 17, became effective on
NovV-20]

(& Subs.)—Earnings—
30—

requirements

of Inventories during

163, p. 1581.

Sept.

F.

The

consolidated

a

on

Nov.

on

183,000

manufactured

were

has authorized B.

production of "cold rubber" from
the plant It operates for the gov¬

Merger Effective—

dividends.

subsidiary.

its

of

profit

Preferred dividend

$124,443

$2.11

—

and

Gardner-Denver Co.

7,865

$139,386

$3,006

*$3,340

income

Net

is

1948

at

Gulf Oil Corp.—Venezuela Unit

Nine

those

Earnings per share capital stock

for

the

Texas, William S. Richaidsen, chemical

the

of

Griesedieck

942.

taxes

Gross

Ltd.

$4,080,587
1,779,888
$2.29

which the company owns 60%,
1948, and operated at a profit
This Is not reflected in the above statement.—V. 168,

Net profit for
Net

Canada

Neches,

announced

profit

Cartons

1948—12 Mos.—1947
$1,826,930
$1,503,114
1,286,282
1,017,157

1948—Month—1947
$131,491
$113,290
104,203
81,711

Operating revenues

as

in

^Earnings

NOTE—Southern Paperboard Corp., of
mill operations as of July 1,

Fall River Gas Works Co.—Earnings—

Operation

Co.

Corporation

double

Richardson

Common

and includes the consolidated earnings of Dominion Envelope &
(Western) Ltd., which first became a wholly owned subsidiary

basis,

commenced

Period End. Sept.30—

$0.44

provision for Dominion taxes and preferred

'

rubber has been so great
concentrating our energies on changing over production
possible," he said. !'We expect the changeover to be com¬

•Loss,

,

$3.23

Sept. 30, .1948 Includes

sales

com¬

share

per com.

•After

See also V. 168, p. 2118.

share.

applic. to

mon

Fiuance

to

6 Months Ended June 30-—

260,056

1

$26.69

$3.28

are

Net

$4,340,643

89,644

Earns,

permission to distribute to its
common stockholders as a dividend 72,612 shares
of common stock of
the Carolina Power & Light Co.
The distribution is to be made on the
basis ol 1 60 of a share of Carolina common 'for each share of Bond
and Share
common.
The dividend would be payable on
Dec. 21 to
stockholders of record on Dec. 2In lieu of fractional shares, cash will
The

$1,139,044

dividends

$7,513,639

$27.07

$4.95

,

Graham-Paige Motors Corp. (& Subs.)—Earnings-^

233,984

89,644

profit

$7,617,903

$38.94

•

war and that these
patents and other knowlthe company gained from extensive research were turned
government-sponsored patent pool.
•
Most of the increased output of the new
rubber, he said, will go
into tire treads. It will also have many industrial
apnlications, includ¬
ing conveyor belting and heavy-duty hose.—V. 168', p. 2119.

2,354,000

$870,058

124,498,854 124,616,924

Total

we

Net

Net

Preferred

Port

rubber

edge

526,056

,

1,877,000

677,000'

at

making

$6,928,627

$5,880,034

77,594

466,000

,

8,668,346

$10,960,048

tons annually

one-sixth

soon

for

$6,402,571

$5,093,266

183,876

r

Qo.

30,000

President,

Mr.

565,694

Common shares outstdg.

Accrued

as

Can¬

,l_r

$1,426,058

Interest

to

pany

B. P.

opers.

Gair Co.

of

,Ltd.

6,391,238

and

—

Reconstruction

ernment

of

Total

43,385
727,278

62,477,218
10,523,409

loans—

stock

income

taxes

Chemical

15,000

into

ada

26,251,788

payable

pfd.

subsidiary

'

',

par)

payable—banks,
payable—banks,

Accounts

124,498,854 124,616,924

.-.

——

.V':

"*

The

rich

1,218
Prof.

Total

'LIABILITIES--

9,750

9,750

312

300

:

305,030

8,403,551

domestic

profit

"Demand for the

201,844

237,969

1946

•

459,524

(B. F.) Goodrich Co.—To Incr. Cold-Rubber Output—

pleted

for depreciation—

1947

NOTE—Net income for the nine months ended
the earnings of The Toni Co.—V. 163, p. 1145.

6,997,515

1.983.626

1948

$20,006,637 $14,468,666 $16,487,017

Amount earned per prefeience share
Amount earned per common share,,

made

5,823,405
700,889

1,489,900

(& Subs.)—Earnings—

30—

income

Net

5

643,038

and

excess

before deductions

Prov.

1,470

-

-

Foreign

1948—9 M;.s.—1947

$10,896,078 $10,395,822 $34,424,099 $33,745,042

Sept.

Depreciation

that

below

Ended

produced next year.

ACCOUNT

INCOME

Months

Profit from operations—!,-.:

nearly

customers

662,500

312

-

assets

charges—prepayments

New York 15, N. Y.,

1948—3 Mos.—1947

(U. S.)
Profit

602,500

,

to

sales

Net

shown

—*

-

current

CONSOLIDATED

69,104

75,309

:

sent, preferably by registered mail, to the Manu¬

Period End. Sept. 30—

receivable—

companies

Others.
Deferred

12,052,319

bonds

receivable

Accrued

1,790,000

12,383,312

Government

Accounts

Other

and

full share may be

one

facturers Trust Co., scrip agent, 55 Broad Street,
which will issue full share certificates.

111,306,047 111,831,271

1,790,000

securities

banks

in

74,699,491

74,621,796

value-.

ledger

Services, Inc

Investment
U.

30,

Sept.
^

Less investment

Cash

lvalue

Sept.

at

$77,364,800)
United
JEbasco

79,452,489

79,452,489

value

States Utilities—

Gillette Safety Razor Co.
Nine

also has another class of scrip certificates outstanding
made up of certificates for one-half shares of preferred and common
stock, which were issued in 1945 to holders of the 40-year 6% income
notes who exchanged their notes for shares of
preferred and common
stock.
As
the legend
at the top of these certificates indicates, the

ferred
Total

(2225)

•

The company

$

Utilities-

American
Stocks

and

&

by the company.

1947
'

$
Invest.

COMMERCIAL

exceed

the

company

wells in the: .Valley;>
The coippany is-the^first to have completed the drilling of
a
quarter section (160 acres> in the Leduc area.

on

eight-wells

THE

(2226)

C

quarter sections

other

Two

the company,
wells have

L>y

sections, and

developed

the Lcduc area are being

in

one

producing wells in the Leduc area.
It is expected to have another four wells placed on production
Ledue during the present year.
<
At jx recent jsaie of government lands in thi Leduc-Woodbend
ing the

total to

Period End. Sept. 30—

these quarter
well has been completed en the other quarter, bring¬
in

$2,204,155

1,328.203
217,048

263,744

101,630

Utility

,

Other

income

accruals

12,500

10,833

145,000

$37,467

$412,275

$425,477

14,674

2,051

13,726

10,535

(net)

Gross

income

Income

issued

originally

were

$39,518

$426,000

10,222

8,514

; 122,839

Lake Superior District Power-Co.—Earnings—
Period End. Sept.

-

Operating

&

.

„

$1,041,336

$900,079
696,519

3,335,969

$203,560

5628.4('0

9,392

32.565

taxes

9o,470

$31,004

$363,161

Netr

$103,010 '

income—._

opcr.

income

9,097

met)—

$33,194

'

'

'.

G.CoS

135,381

,149,805

income

per

to

stock and surplus,

common

$153,357

2120.

iuco'ue

Net

$l.5i

.255,915

$310,876

$145,919

$38,946

-$676,517
*♦-

—V

.

290,088

-

$204,221

-

$1.14*

share—135,000 shares

common

67,032

'

73,361

$932,333

$660,964

$212,951

$112,108

L

Jnt, and other deducts.-

Balance applic.
p.

$893,186
39,647
■«

Preference dividend requirements-'-..

168,

168,

,

'

r.

"v*-

848.

p.

1

,

*

Retail

Chicago,

its

Nov.

continue

and

Net

as

member

a

stock,

common

payable

Jan.

of record

to holders

22.—V.

Nov.

Net sales and other
enues

Cost

—

of

Interest

82,559,387

bonds

on

serial

Federal

income

taxes,

for

been

purchase

income

Net

4,799,900

2,150,000

1,600,000

2,150,000

7,661,133
4,899,315

''Before

6.070,295
4,899,315

22,669,526
4,899,315

Total

>$1.56

$5.06

August,

the

1948,

and

issued

company

sold

to .reimburse

since

Dec.

31„

the

seven

Profit

Fed.

8.

inc.

&

taxes

of

13,510,800

2,506,712

to

$7.03

shares

to

2,506,712 shares—V, .168,

company has purchased

next

Spring

of

—V.

168,

33-acre

a

$6,79

$8,000,000

an

2,506,712

stock

a

shares

split-up

increased

was

of

have

stock

Nov.

on

at

voted

in

start

to

and

Nov.

cents

dividend

Dec.

18

of

to

30

including

$1

declared

a

the

common

stock,

of

on

share

per

of

30,

40

Ware,

common

directors

holders

Sept.

tributions
Louis

the

share

per

sales

_

—

cents

on

the

income

lor

taxes

plant.

dividend

usual

the

Port,

of

war

management
believes
that as earnings
be increased "so long as there are

such

a

.course

substantiated
to

the

unsound,"

his

effect

that

dividends later

Action

statement

at

stockholders

"in

the

present

of

the

the

increase,
no

in

board

Nov.

on

annual mieeting

might

expect

calendar

a

which

of

modest

year."—V.

168, p.

also

The

directors

cumulative

have

declared

preferred

a

dividend

said,

produced

Total
Admin,

&

sales

on

of

misc.

income

capital

assets

Net

for

for

204,874

$6,615,861
453,127

487;

Common

per common
on

share.!..!!!
common

stock

—V, 168, p. 943.




at

accumulated

was

it was stated.
shipments

and

in

period

same

the

previous

the

third

This

quarter.

was

of

quarter

by

ascribed

shipments

glm-s

projected

by

be

may

model

affected

changes,

somewhat

Biggers

Mr.

the

in

indicated.—•

(&

t

.

Subs.)—Earnings—
1947

1943

$1,444,324
income

taxes.-

233,727

1_..'

——

—

$950,694

331,898

—

income* taxes-—„——

T24.4S4

shares

88,511

$207,404

$150,216

153,407

153.407

$1.35

$0.98

-—■

—

outstanding

...

share

common

3,558,092

6,957,775

6,025,208

view

348,124

381.789

326,320

$255,249

$2,289,744

1,953

884

21,003

$276,258

number

shares

of

of

$1

p:r

stock

commm

15,964

$1,138,869

limited

which remain outstanding and not owned by S Ivrvley
Carp, or its affi ia.tes, (he New York Curb Exchange removed
issue from listing at
the opening of business on Nov. 13.
The

this

340,650

$1,137,985

the

of

tlii.-> -company

DistiPers

$2,305,708

had

action
—V.

167,

been

approved by

Corp.—karnings-

Period End. Sept. 30—

440,900

105,100

Sales

2,046,112

ping

and

Sell,

'

—

1948—9 Mos.—1947 '■

1948—3 Mos.—1947

$15,293,095

—

$13,570,142 $39,369,314

$34,433,467

"Manufacturing & ship-

re¬

Cr78,557

the Securities and Exchange Commission.

254.

p.

admin,

&

Deprec,

L.

■

9,490,419

and

expense

8.480.484

24,868,699

21,545.698

1,151,858

costs

1,173,161

3,360,756

3,113,866

$411,003

$697,969

depletion.-

464.S53

485,361

$4,185,965

$249,716

$259,596

1,050,000

1,050,000

1,050,000

1,050.000

$0.39

$0.66

$0.24

$0.25

$927,297;

accounts

Operating profit

$3,430,636

1,390,468

1,410,142

trade

accounts

■

receivable

Miscellaneous income

for

than

reserves

-

Net

.•

taxes on income of the current and prior years—esti-;
notes payable to banks ($100,000 payab'e semi-ah-.
March 3 and Sept. 3), $400,000; common stock ( par value $1

$494,960;
on

share), $1,050,000;
capital
$2,097,285; total, $5,851;4G4.—V.

surplus,

per

168,

$1,420,245;

earned

the

to

surplus,

661,282

616,457

$5,227,615

$4,536,519

value

fixed

the. South

;Kinney+Coastal Oil Co.—Earnings—
EARNINGS
Net

FOR

THE

SIX

MONTHS

3 Mcs. End.

ENDED

JUNE

1948

30,

income

Capital

Earnings

$0.04

i__„_

*

1257.

p.

3,639,595,

—_

share

per

167,

outstanding

than

assets
the

exchange

time

the
of

depletion
of

peso

except

based

acquisition.

Cuban

one

is

equals

as

the

on

The

Cuban

U.

one

S.

*

Wholly

v

Subsidiaries)-

Owned

1948

1947

1945

1945

$7,179,754

$5,778,762

$3,096,839

$1,325,810

792,478

558,620

312,055

238,487

486,101

373,201

284,739

8,379

1,584

1.288

9.782

2,292,159

1,865,413

935,853

t528,225

$3,600,637

deduct,iens

$2,979,945

$1,562,904

"$266,2,11

-

—

—

State

&

companies

rates,

which

,

Depreciation
Fed.

income

other accounts.

or

American, .subsid'ary

average

and

at

par

Sept. 30—

before

Interest

for

provision

Federal

647.

p.

Depletion

$162,851

shares

at- the

depreciation

figured .at
168,

$4.18

$5.51

tlncluding

.tother

.

of

figured

are

S1.97

sold,

charged directly to. costs
outstanding.

are

results

of

$2.40

contingencies,

shares

948,597

are

245,163
$1,869,888

Long-Bell Lumber Co.—Earnings—

1363.

p.

which

above

dollar.—V.

1,459,075

2,194,559

248,808

and

for

resu.ts
\

1.502,249

2,719.882

purchased, cement

of

provision

dollar

529,249
921.071

share

per

cost

taxes

on

i

•

•

548,511
1,210,134

charges-

NOTE—The
included

insurance

,

$8,806,610

(other

accounts

and

$ Based

accounts payable, $209,115; salaries,'wages and
accrued, $73,192; accrued payroll-taxe^ and taxes, etc.,.
employees, $23,812; Federal excise taxes accrued, $24,-

Federal

nually

profit

doubtful
taxes

382,849

•

$2,276,094

"Including
-

361,637
$10,111,028

taxes--

profit

JNct

-t

meted,

taxes

income

tMiscellaneous
•

134,735

$3,565,371

Federal)

Federal

from

compensation

97,582

-

tProv.

1943
(after

$8,423,761

$4,283,547

„

Total

of

$9,749,391

inc.

taxes

283,107

„

$3,768,485
180,321

$4,130,903

La Consolidada,

NOTE—All

800,000

$3,178,308

$1,518,496

113,710

113,710

rate

The
half

113,710

$3,064,597

1,187,730

'593,865

$3.83

$5.16

$2.37

2,494,232

1,781.594

1,039,263

$74,692

"After taxes

the

and

,

(&-Subs.)—Earnings-

1948—3 Mos.—1947

"Net loss

476,340
S96.247

Profit

A.

Period End. June 30—

389,821

618,222

816,204

$4,555,340

shares outstanding

Earnings

Dividends declared

property

Logansport Distilling Co., Inc.—Stock Off List-

$666;

„

of

but

,

before

figures
4.85

company

year

and

stock

below

safety

profit

Profit

250,000

requirements!!!

facilities

new

$1.38

for

reserve

165, p. 75.

in

of

conting.

workmen's

-1946

961,425

1,550,000

special

a

2121.

p.

Earnmgs per

accrued, $8,694; State and
local taxes accrued, $43,353; royalties accrued, $5,656; interest accrued,

.

$4,669,050

common

stock¬

to

LIABILITIES—Trade

the

879,985

2,325,000

3

$1,004,439; goodwill (excess of cost of investment in subsidiary over
underlying- net assets acquired), $668,444: patents (at cost, less amor¬
tization), $70,680; deferred tool and die expense, $39,838; prepaid
insurance, taxes, etc., $21,788; total, $5,851,464.
.•

182,097

contingencies—

dividend

Balance

187,088
255,780

567,815

expenses

profit

Preferred

$6,410,987

$9,403,276

general

Taxes, other than Fed. inc. taxes
Prov. for depletion and depreciation
Prov. for Federal taxes on
income
Provision

1947

cost of

year,

(Including

$8,960,408

.

income
and

on

a

periods,

1945

share

per

doubtful

—V.

operations

royalties,

Profit

share

1947

though, production

before

Net

—V.

income

to

withheld

5,741,972
6.169,114
5,138 298
$34,016,505 $25,117,507 $17,868,864
25,056,097
18,706,520
14,100,379

_

Cost of sales

Income from

costs

commissions

1903.

Subs.)—Earnings—
1948

was

.

168, pp. 1903'and 2120.

9 Months Ended Sept. 30—

Int.,

per

.

stock,

Island Creek Coal Co. (&
coal

$1.25

.

was

Aug. 16 and Nov. 15.
OS against $8.75 for 1947.'—V.

Tonnages of
Gross .sales

of

and

excessive

slightly

sales

,

payable Dec. 15 to holders of record
paid this year on Feb. 16, May 15, July 15
Payments for 1948 will total $7.50 per share!

A like amount

2,551,068

$1.02

that there is a continuing heavy flow of orders
glass and that, while .polished p.ate glass also is in good
dealer stocks are reported nearing effective inventory. levels.

.Federal

out¬

it

$23,857), $772,356; inventories (at lower of
cost or market), $2,335,592; accounts receivable from
employees, $1,181;
insurance deposits, $6,848; deposit on purchase
contract, $3,000; prop¬
erty, plant and equipment (after reserves for depreciation of $6,92,429 >,

corporation
increase in

International Rys. of Central
America—$1,25 Dividend

Dec. 6.

$3,524,878

2,554.296

$3.42

gain so far in 1948 from the volume in the

a

quarter

168,

Net

$9,588,169

278,067

ASSETS—Cash,
for

of

render

he

18,

the

$2,616,681

2,555,206

$3.83

,

Biggers reported

Common

payable Dec.

CONSOLIDATED BALANCE SHEET, SEPT. 30,

the

meeting

dividends

factors

$8,727,826

2.552,735

.

*

1948.

*

should

and

$10,

par

1946

profit

.

increase

annual

1948

$2 million

Automotive

Co.,

$689,070

for

produc.

•Net

stock.

the

recent

$9,737,417

—

.

last

income

reserve

return

stock, both payable
28, 1947 to and
leguiar quarterly dis¬

upon

2,347,081

of

quarterly

March

common

4,509.772

1,603.775

*

$4,139,661

profit

Fed.

Earnings

dividend,

4,774,734

6 Months Ended June 30—

.

'

"

5,608,370
6,936,206

window

-Frofit

authorized

1945

.

Liberty Fabrics of N. Y., Inc.

1947

Capita] shares outstdg—

on

the

dividend,

16,

;

and

of

1946

$8,995,191 $10,381,731

7,697,712

6,619,720

expenses

the

year,

Mr.

divi¬

Insurance

$750,000,

the

of

Kayser-

$7,544,982

(est.)

From

share

per

to

sessions/'--

activity

1949

1947

1948

sales, res'ch

profit

rate

for

by

to

stated

costly

replacements

at

8Mexican

have

pesos

t$447,232

been
the

that

strike

in

results

January,

Negras

tax.

from

hearth

at

net

profit

$10,208,646

ill

'*$1,444,370

Earnings
affected

were

extensive

open

The
to

currency

•

for

equipment

repairs

steel-making

delayed deliveries of equipment for needed repairs.—V. 167,

1948

plaht,

p.

2688.

period

deducting $136,290

forett fire losses,

flucludes

profits

excess

taxes.

tS867,876

tProfit.

Maxican
J

operating

Piedras

$396,715

dividend

converted

dollar.

for

After

1948—6 Mos.—1947

$1.50

in

(he

nine

months

against $8,960,201

as

1945.

per

the

for

1947

per

1.007,801

share

tively,—V.

were

163,

$5.13,

in

Sept. 30.

1947,

1948

$3,518,805

amounted

the

and

in

$0.78

and

For

$4.50

amounted

in

and

1946

„

.

share

quarter

shares.

enr'ed

.

.

common

1.991,130 shares of capital stock of
owns

to

$1.81

which
in

1948

quarter,

the

1946

the

Long-B 'il Lumber Corp.

nine-months'

$1.76

in

1948,

quarter,

periods

based

the

1947 and

on

earnings

1946,

respec¬

p. .1801.

La Cooperative Federee de Quebec—Bonds Called—

$1,404,785
593,865

All

Oct.

1,

of

1,

next,

branch

the

outstanding 2'i, 2\'zr:>, 2ri

1949 to Oct.

at
of

101
the

1,

1964,

and interest.

Canadian

have

Payment

National

and

3Mif'c

been called
Bank

bonds

due

serially

for redemption on

will

be

in

the

made

at

Province

any

of

April
office or

Quebec,

Louisville• Gas <& Electric Co.
Electric output
totaled

-

Sales,

Biggers, President, to the usual two week; vacation shutdown
July of all glass plants, except for certain necessary operations.

V.
nor

for, the

Carpet

"work

conferences/ will-be

$24,104,850 $21,272,402

Lone £tar Cement
Prov.

preferred

President, in commenting
pointed out that at the

$0.50

increase

stock

(netL-..

10.

made

$368,683

$0.43

$691,023

4'i

company

$303,837

$0.55

of

Charge

D.

437

1948

the

the

to

Nov,

—

Operating

Fairfax

construction

quarterly
the

$406,794

in

&

taxes

were

in

358,535

-

and Western—

1801.

Sept. 30 —

devel.

both

last

52,345

287,858

meeting in oqe

single

a

will start with a New
Eastern .and Metropolitan

the Winter Market ,in- January.
will hold a separate- sales-session

the. -organization

168, p.

income

1948

$780,030

1,379

72,595

296,625

5,202,401

expenses

stockholders he had indicated that on
t^he basis of earnings of the
corporation for the first quarter Of the current fiscal
year, dt was esti¬
mated that the
earnings for the year would be at least as good as
■during the past year and possibly somewhat better.
He stated that
the

66,661

$725,669

scheduled

4he

prepare

Sales show

$713,359

from

subassembly

and

1946

$6,241,548

—

Dec.

on

record

1948,

regular

the

1947

from

Vice-President

McFarland,

replacement
companies;)

73,588

$600,000

25'3

a

noon,

per

record

of

company

divisions—Southern, Central,

carpet

Capital shrs. outstdg,,,.Earned per share-,
In

$652,031

taxes

from

cents

.....

division

H.

uexn.,

Net

167,

Selling, admin, and gen.

International Minerals & Chemcial Corp.—Ups Div.-—
On

mines.—V.

22.

voted

record

conversion

60

business consists

Canadian

figures do not include the earnings, of,
Julius
Kayser
(Aust.)
Pty., Ltd.,
or
108, p. 1694.

Operating profit

laud

tract, of

depot

parts

'

■

conference

programs,

Dec.. 15-16. for its

prior to

to

Federal

England.—V.

capital

10

•

Chicago just

manufacturing

and

$742,281

...

Cost, of goods sold

743,

p.

company's
to

subsidiary

•

lrom

of

*

of

holders

15 -to

.

hand-knitting

announced

Gen.

have

to

97,753

9 Mos. End. Sept. 30—

Net

1800.

p.

which it plans

on

"

$803,19G

Internationa! Harvester Co.—Plans Kansas Plant—
The

Whitehall

understood

1948

—

above

dividend'

Dec.

1949.

John

Canadian

initial

an

payable

Libbey-Owens-Ford Glass Co.—Earnings—

Kingston Products Corp. (& Subs.)-^-Earnings—

1,145,926

on

and

directors

Other

^district of Kansas City, Kan.,

purchased
is

60,915

stockholders

The

$7,773,539

$9.16

share

a

has

21,544,300

" 1,432,407

outstanding at Sept. 30, 1948. As the result of
Feb. 6,
1948, the number of outstanding shares
1,432,407

wholly-owned

share-..-.

per

announced

$13,115,986

1,432,407
"$12,29

$8.45

equivalent

was

9,011.500

Fed.

standing

1945

$22,127,486 $29,320,839

11,410,500

$21,185,583 $17,610,802

—

profit

Subs.)—-

holders

per share—_

net

(&

1946

$34,696,383 $29,021,302

capital shares—_

"The

Corp.

1948

in-

—

Net profit
No.

Earnings

Canadian

—

Ltd.

The

Machines

1948

it

Kentucky. Central Life .&■ Accident
Anchorage, Ky.—-25% Stock Dividend—

647.

Business

Can.

taxes

come

168, p.

Sept. 30—

before

D.

the

income..

received

Bondor,

expenditures made

part for capital

in

company

1946.—V.

International
9 Mos. End.

of

mining equipment

—_

NOTE—The

companies for investment purposes $20,000,000 of its series
mortgage 3'/r bonds due Aug. 1, 1978.
The proceeds will be

first

used

portion

various

income

dends

to

in

Joseph

Tota!

2.024

for

Net

insurance
H

of

gross

Earnings

deducting amount appropriated for reserve for contingencies.

NOTE—In

later

2,518
4,3il

demand,

$4.44

share—

has

it

Ontario.
disclosed, but

-

Depreciation

16,241,583
4,899.315

$2,00

.'_—•.

per

not

Interest

Shares outstanding
earns,

sale

(Including

Prov;

"Net

announced

Gait,

was

sales

divisional

three

in

Lees

other

22

Quarter Ended Sep/ 30—
Gross income from operations^

5,550,000

6,271,200

348,344

other

meet

The

$2,926

•

(Julius) Kayser & Co.—rEarnings—

1,062,552
13,930,300

1,133,760
15,620,165

___

$3,50)
2

$750,000.

substantial

the

S

$

The

.

2789.

O.ihyr income

_

price

than

more

of

res.

contingencies

562

net

The

and

441,697

Appropriation
for

2,159,608

notes

piofits & losses)

its annual

several

.to

pity meeting _ou
carpet divisions. "

83,488

635

securities..

company
on
Nov.
Machine & Tools, Ltd. of

79,482,682 280.769,682 224,247,824
64,509.801'232,361,705 .181,221,117
2,154,341
6,334,526
6,242,272

101,243,025

—

$4,144

.

„„„

2,723 ~

sales-of

The

rev¬

talce...,

city,

1948—9 Mos.—1947

1948—3 Mos.—1947
$
$

Deprec. and depletion--

from

p.

.York

company,—V.

A

Sept. 30—

of security

stock,
252.

Lees & Sons.—Sales Conferences-

9 Mos. End.

1903.

168, p.

V

on

p.

Period End.

...

,

profit

163,

changing

-Earnings—

Joy Manufacturing Co.—Acquires Canadian Firm—

Subs.)—Earnings-

•Inland Steel Co. (&

1

(excl.

5.—V,

declared

X

Sept 30/48 June 30/48

-

pjofit

have

" %

■

.

.

common

(James)

designed

16, 1948. Mr. Rivitz said this form of extra
adopted i« order to conserve cash which will be

10

Dec.

weeks

four

asset
value per share declined - from $27.23 on June 30,
on Sept, 30, 1948, and latter figure also
compares with
Sept. 30, 1947.
At Sept. 30, 1343,. the authorized
capital stock was 200,000 shares,
par $1 each, of which 13,617 shares were
outstanding,—V. 168, p. 1482.

to

1949

12,

the

the

1948, to $25.23

Dec.

Dec.

for

*

directors
on

$25.55

holders of record
payment had been
required lor future
expansion plans. No extra distribution in stock or in cash was made
during 1948. Regular quarterly cash payments of 75 cents per share
are
also being paid on
the common stock, the next to be payable
the

sales

1890.

p.

........

The

commivtee.

the executive

of

During, the last 22 years as president, Mr. Rivitz presided as Chairman
without official designation.
The directors on Nov. 23 declared an extra dividend of 5'/c
in stock
on

retail

Dividends payable

will become President on
1/to succeed Hiram S. Rivitz, who will officially become Chairman
board

the

The
share

will

Net

?Hayden B. Kline, Executive Vice-President,
the

168,

Nov/1, '47

105,620,70^

Wis.—Initial

Laboratories, Inc., Milwaukee,

Dividendr—

-

than any previous four week period in

Months Ended—.

Income

Dividend to Be Paid—
Jan.

that

announced

1943 were higher

Nov. G; '43

10,968,733 127,417,030

(The) Johnston Mutual Fund, Inch

Expenses

of

6,

history,—V.

Three

Corp.—New President, etc.—5% Stk.

Industrial Rayon

Nov. 1, '4T*

12,680,524

corporation

ended

be elected

will

Corp.,

gales

The

President of International
Minerals &
a director of the Illinois Central RR.
Co. at a meeting of the board of directors on Nov. 30.
He wi.l succeed
James Norris, President of the Norris Grain Co.
•
In addition to being a director of International and affiliated com¬
panies Mr. Ware is a director of the First National Bank of Chicago
and of United States Gypsum Co,—V. 168, p, 2120.
,
of

Ware

-—44 Weeks Ended—

4 weeks Ended—t~
Nov. 1, '48

Director-

Illinois'Central RR.—.Ware to Become
Louis

Chemical

Lakeside

Jewel Tea Co., Inc.—Current Sales Rose 15.6%—

Co. above.—V. .162, p. 246.

Brewery

Grie/edioek Western

/.

Association, Inc.—Merged—

Hyde -Park Breweries
,See

~

$3,472,318
2 579.132

$3,964,369

93P.626

_

/

1948—l2Mos.~1347

1948—3 Mos,—1047

30—

revenues.

expenses

Other

Net income

~"V.

dated Oct.

bonds

these

.

$339,602

deductions

■Earnings

of

$1,000,000

1947.

$436,072

$43,415

-

r

there
1,

128,750

$28,742

Canada.

Oprr.
•

of those bonds,

payment on April 1, 1949, will be set
J.13 St. Peter St., AJuebec,

deposited in The Sun Trust Ltd.,

149,022

1,684

income.-

res.

oper.

and

monies for the redemption

redemption

surrendered-for

not

are

aside

1,051,292

18,720
12,523

required

which

$2,018,284

89,118

c

Retirement

acquired two parcels of .160 acres each which should bo
developed during the coming year.
•
It is the policy of the board to bid on further lands when released
by the government in either the Leduc-Woodbend area or m the Red
water area, the most recent discoveryThe company holds considerable acreage In other areas in Alberta,
near which some of the largest oil companies jn America arc carrying
on'drilling operations. There is considerable promise that one or more
of these drilling opera (dons may prove additional structures in 'Alberta
even within the next few months.
•
The company's revenue for the first eight months of this year -shows
an increase of more
than $1,000,000 over a similar period last year.
—V. 153, p. 1600.
.

$138,661

13,798

...

Taxes

the company

/

1948—12 Mos.—1947

$162,094

revenues

Operation
Maintenance

Monday,-November 29, 1948
The

(& Subs.)—rEarnings—

1948—Month—1947

105,311

Operating

J1

CHRONICLE

FINANCIAL

&

Jamaica Public Service Ltd.

■

„

,

placed on production on one of

been

Two

COMMERCIAL

46.627,000

of

this

kwh„

corresponding week last

company
as

for

compared

year,

an

(Ky.)—Weekly Outputthe

week-ended

with

increase of

Nov.

34.508,000

35.1',/V.

kwh;

168,

20,

1948,

for—the
p.

2121.

Volume

168

Corp.—Earnings—

Lumber

Long-Bell

3 Mos. End. Sept. 30—
Loss

before

1948

$2,975

—-—

——

income

on

(Cri_

237

Operating

111

84

—V.

period

168,

$2,739

$2,886

1801.

p.

$1,067,175

$954,436

$1,421,017

829,413

558,119

1,166,993

747,333

stockholders

authorizing

of

business)
borrow

to

not

Federal

Financing Approved—
rsolution

rescind

to

voted

23

Other

Dec.

oi

Gross

and

1364

The

interest.

and authorized an agreement
Mutual Life Insurance Co. at
is to be repaid in ten years.

Penn

This

Fed.

taxes

all

Fed.

taxes

298.401

of

shs.

outstand.ng

per

share

"After
.

for

$1.46
other

taxes

all

for

reserves

Sept.

and

of

$5,202,577,
state

foreign

income

taxes

the

same

and

other

last

and

at

year

were

date

in

$12,out,200

postwar

The

taxes.

$9,093,121

168,

pendent
The

Corp.—To

has

than

embarked

double

its

integration of

channel

prerequisites for

a

pits,

building

ingot

from

plant

in

v

completely

on

this

site

hot

integrated

mill

the

War

will

by

facilities

so

furnaces

with

carbon

the

that

steel

of electric

finishing

facilities.

We

have

electric

new

a

at

Government

construction
will

we

the

next.

June

have

Indiana

month.

per

The

additional

of

Melting

in

investment

capacity

in this

this

loan

stainless

steel

expansion

customers

be

met

100

form

of

has

been

indebtedness

established

might

As

satisfactory

have

been

The

mortgage

and

,

attained.

no

able

lor

sold in tins

be

loan.

to

freight

on

to

freight

on

reflected

be

the

reduction

of

finished

in

steel

both

area

with

New

Federal

recalled
the

of

of

the

of

The

recovery

Royalty

Cold

Eastern

Metal

royalties

Agreement

District

Process

alleged

dated

the lower Court

the

1584.

reversed

The

in

Net

April
the

means

30,

McLouth

under

the

in

oi

the

of

counsel

event

of

it

is

of

the

Affirmance of the decision
substantial amounts of royalty

unlikely

this

by Cold Metal to

appeal

an

that

reflected

Revenue

decision

will

N.

Bureau

financial

future

has

allowed

statements.—V.

the

Mack

the United States

company's

claim

for

Net

income

Prov.

:

Sept. 30—

1948

sales

lor

before

for

prov.

Federal

and

Fed.

income

Canadian

5,066,140

taxes

2,007,000

taxes

income

1948,

income

Federal

income

(•Earnings per
Amount

paid

transferred

share

in

of

to

in

selling

including $680,572

ex-dividend

total,

payable

$1

Oct.

(average

*_/*'

and

1947

4,735,000

$5,265,883
1,941,338

cost

books,

per

subject

based

are

and

audit

to

the

on

payable
repurchase of

total, $212,139,601.

of

the

168,

p.

July

1,

1972

Mos. End. Sept. 30—

Net
+

inc.

aft.

Federal

ehg.s.

year-end

as

taxes

"On

a

securities.

of

capital

non-recurring
In

addition

stock,

profit
the

to

-

$1.84-

$1.66

rhares

408,000

(Includes
of

$752,779

$676,864

—*

of

above

par

$255,405

$0.63

1945

+$832,503
-

$0.96

Net

$330,288

duction.

profit

for

After

from

month.—V.

this

168,

Premium

$10.

Maine &

New Brunswick Electrical Power Co., Ltd.—
1948

Sept. 30—

inc. &

GrosS" income

*'

deductions

_

*

113,026

64,643

56,400

35,601

31,452

$80,394

(net*

143,902

29,968

38,421

Utiktv operating income**:

Income

$133,400

$133,293

3,637

3,139

$83,021

$137,037

$136,432

23,070

56,644

*

Net income

__1

radio

production

will

general

have

assimi¬

1948

1947

$22,919

$28,634.

3,132
income

2,233

5,146

fee

5,623

461

643

$14,181

$20,12-3

14,414

taxes

—

15,013

...

*

;

profit on sale of investments of $11,590 in 1948 and $27,010
BALANCE

at

market,

dividends

SHEET, SEPT. 30,

owned

$645,686;

cash

and

in

receivable, $1,761;

LIABILITIES—Accrued
accrued

distribution

income

tax,

$461;

security

$3,096;

006.—V.

custodian (cost $603,102>
custodian, $19,492; accrued
charges, $67; total, $667,006.

deferred

$1,016;

expenses,

1948

by

of

redemptions

payable,

$495;

payable Oct.

15. 1948, $4,703; reserve for Federal
capital stock ($1 par), $47,026; paid-in surplus,
profit ancl loss account, £)r$104,562; undistributed

unrealized

168, p.

held

hands

appreciation

of

assets, $42,584; total, $667,-

1585.

National Biscuit Co.—Secondary

Offering-^A second¬

distribution of 18,000 shares of

ary

effected Nov. 19 at $30%

was

Moseley & Co.

common
per

stock

(par

share, by F. S.

Dealers discount, 750.—V. 168,

1801;

p.

V. 167, p. 2791..

1945

1946

1947

$96,808

$170,380

"18,557

10,875

39,435

103,223

Dr706

Dr377,503

454,555

Drl,364

$267,465

taxes)

"$19,263

"$366,628

$493,990

National Fireproofing Corp.—Earnings—
Period End. Sept. 30—
sales

Net

1948—9 Mos.—1947

1948—3 Mos.—1947

$7,031,988 "$6,343,034

$2,564,882
2,256,397

"$2,604,300
"2,261,433

6,160,031

"5,507,009

$308,484

$342,867

$871,956

$836,024

16,836

6,160

38,037

71,109

$325,320

—

taxes**

j 7,250

118,549

128,713

40,672

"$12,013

"$248,079

$365,277

Operating profit

$101,859

$61,187

income

(Estimated

the

refund

carry-back

of

prior

provisions

years'

income

internal

the

of

taxes

revenue

Other

miscell,

V.

$349,027

$909,994

$907,134

.

income-

directors

cents

per

Previous

share

have

share,

declared

payable

payments

quarterly.—V.

Dec.

a

20

this

year

167,

p.

31—

•

for

1,483,855

11,888,791

9,856,454

$73,980

$110,997

$959,513

$1,965,643

Net

profit-;

185,000

188,000

1,295,000

1,316,000

$111,020

$77,003

$335,487

($649,643

cf

annual

*

int.

Purchased

deficit

"On

bonds

and

is dependent

debenture

stock, including those payments of
available income.
(Profit.—V. 168, p. 1695.

upon

Period End. Sept. 30—

1948

1948—3 Mos.—1947

$135,075

$230,188

$358,411

retiremi

Net
Other

12 Mos.—1547

$2,536,529

564,209

474.862

2,127,088

$10C,647

$409,441

$557,401

Drb

140

140

282

$106,787

$409,581

$557 683

27,363

27,476

112,671

1946

515,117

430,223

1,455,141

1,152,457

1,055,670

163.782

110,481

89,191

387,816

343.835

235.794,
143 887

*****

nts,. depletion
*

165,877

146,799

170,870

101,300

76,800

$559,997

I

taxes

$531,849

income

18,669

$418,368

70,005

86,950

$481,377

$526,280

$331,413

$1.08

$1.18

$0.74

(net)**'

income

Net

64,545

$596,394

91,289

income******,

$363,953
54,409

$572,666

operating

income

ineon1,e

204,195

(net)—*

•

$2,495,833

752.783

taxes

Total

$2,306,074
1,748,674

$103 729

income

oper.

income

1C47

$2,901,839

*—-*._*..

«.***,

for

(& Subs.)—Earnings—
1948

$3,656,266

—

*

Federal income

Gross

$581,509

taxes,.

&

expenses

$112,299

amortization

Net

$667,938

*

95,749

175,242

which

$102,724

revenues

95,730
153,458

gas

expenses

and

Michigan Gas & Electric Co.—Earnings—
Operating

31,916
84,401

revenues

Maintenance

General
Net

31,910
74,866

taxes*

—_

operating

Provision

and sinking fund chgs.

61,129
216,604

9 Months Ended Sept, 30—

Total

Other

income

oper.

179,858
250,758

National Gas & Electric Corp.

1948—7 Mos.—1947
$1,594,852 $12,848,304 $11,822,097

1,684,410

Net

income

20,244

77,391

(& Subs,)—Earnings*

incl. depree.

exps.

16,830

89,416

depL
conv.

"Does not include construction department operations.
(Including
operating, selling,' administrative, and general expenses, but not in¬
cluding provision for depreciation and depletion.—V. 168, p. 946.

1948—Month—1947

$1,758,390

Oper.

&

cum.

income debentures

in Canadian Currency)'

(Expressed
Period End. July

depr.

5 75

quarterly

2032.

Mexican Light & Power Co., Ltd.

for

on

Prov.

dividend of 15.'
to stockholders of record Dec. 9,
have been at the rate, of 10 cents
regular

_*

deducts., incl idle
pit. exp., dev. exp., etc.

Int.

Melal Forming Corp.—Dividend Rate Increased—
The

income

Other
.

Prov.

745.

p.

Total

resulting
code

Gross

Int.

and

Net
—V.

income

other di ducts.*

•

—V.

deductions

1

_*_

166, p. 2689.

$76,362

income

168, p.

848.

$79,311

National Investors Corp.—Estimated Dividends—

•

Following
$353,488

$296,910

its

,

—V. 168, p. 848.




$60,182

$113,967

$79,788

during the year. The exact amount of this
be determined until Dec. 14, 1948, the record,
stockholders entitled to receive the distribution,
presently estimated at something like 45 cents per share out¬

for

is

standing.

1948

Operating revenues
Federal

and State

$20,823,042
15,474,014

"

Operating expenses and taxes
taxes

on

*****

cash i,

last

—-k—

—

Gross

income

*'—

deductions

—

,Net income

_*_*_*

168,"p. 2010/

—

—

29

cents

—-

,—-—

be

made

elect

per -share

addition

to

that

the

the

special

ordinary

to

in stock (fractional shares
receive cash. A capital

in stock or. cash was paid on

in

Dec. 23,

distribution
dividend

to

noted

above, it is presently
for the second half

be paid

24 cents per share payable in cash on Dec.
24, 1948 to holders of record Dec.
14, 1948, the date when actual
declaration will be made. The estimated second-half payment together
year

will amount to about

$4,140,055
1,166,212

with

the

17

cents

about

41

cents

of

1947.

—V.

Distribution will
stockholders

of

$3,722,028
418,027

*

Non-operating income

Income

pot

year.

In

estimated

Operating income

realized

will

determining

unless

dividend

1.627,000

:

income

of

capital gains

but

Monongahela Power Co. (& Subs.)—Earnings—
CONSOLIDATED EARNINGS FOR 12 MONTHS ENDED SEPT. 30,

established policy the board of directors has stated,
distributing on Dec. 24, 1948 substantially all of 'the

its

intention

net

distribution

...

$334,171

186,733

profits taxes

$377,547

22,839

excess

Retirement reserve accruals

Other income

1946

$335,519

*

*

Operating revenue deductions**
Dominion

1947

2,626

Operat ng revenues

Motorola's

in

radio

in

1947.

date

12 Months Ended

by

its

Price

was

1364.

p.

for

;**

Earnings per share***—

$20,058 resulting from the sale
profit", the company received in

estimated

deducting
source

of

one

(before

income

"Loss.
lfom

Oper.

Plan adjustments on its 1944 pro¬
Federal income taxes the net
approximately $254,288..
During the nine months ended Sept, 30, 1948, the company produced
26,494,803 pounds of copper. The smelter was closed down throughout
August lor overhaul aha repairs, resulting in an operating loss, for the
May

facilities

of

expansion

30—

*

"Before
in

opers.

income

Federal

The

Dividends

follows:

1948

transactions

factory.

facilities

;

income

Other

194(3

1947

and

"Earnings per share.

"Net

I

reports

111,

only

production have been
In addition to the reap¬

Motorola will for the first time supply auto radios
to the auto manufacturers, with the sets being manufactured
Chicago factory.—V. 168, p. 1695.

Expenses

43

1.494,668 shares presently

1948

Quincy,

manufactured

the

set

are

1695.

liquidation

radio

extension

factory

new

being

factory,

video

purchase,

the

debentures at The
Exchange Place,

York,

New

of

main

and

space

for

a

income,

City

television

Mutual Investment Fund, Inc.—Earnings—

•'

Magma Copper Co.—Earnings—
"9

of

Chicago,

ASSETS—Securities

$2,432,760;

1948,

$3.53

adjustments.
outstanding
as a
result of the sale in December, 1947 of 150,000 additional shares
and
the split-up 2-to-i
voted by stockholders on April 28, 1948, of
the 747,334 shares then outstanding.—V.
168, p. 744.
reserves

figures

Motorola's

in

currently

arc

facilities

Nine Months Ended Sept.

divi¬

$36,804

income

Fed,

"Accrual

"After

(These

at

$212,139,601.
25,

$209,549,256;

par),

]

10,000,883

2,242,003

stock

common

dividends*

company's

(Cost of products sold**
Net

over

1949

1948

30,

J

$3,059,140
$2.04

surplus

in

Management

taxes.

Gross earns, from opers.
"Net

this

gain-on other profit
loss

auto

in

gain

and Its combination console

its consolette

Income—dividends, etc.
and

company,"

to

directly

and

1

1

the

additional

,

Bank

$89,545,552 $90,623,415

'*__—

for

SHEET, "SEPT.

Sept. 30-

1948.

168, p. 450.

Trucks, Inc.—Earnings—

9 Months Ended

made

investment

market quotations,

-

from

set,

receivers

Provision for Federal

revenues

and

per

Net

been

sold, $26,794;

Y.—V.

trustees

television and

in

,over-all

great extent the additional production Schedule called for by
the recent purchase of inventory and certain assets of the Car Radio
Division of the International Dctrcla Corp., Detroit.
As a result of

$14,843

in

be

profits taxes in the amount of $380,000 which will be

excess

in

$192,708

sinking
fund debentures
due
delivery in exchange for temporary

for

definite

a

for

1934.

saving

2,036,907

late

.

It is

1940

terms

•

Court.

Internal

relief from

has

after depreciation

will

1946.

Michigan in

sued

due

be

to

of

Co.

2,432,760

2% %

income

Net

168,
opinion

Supreme

"regulated

as

stocks

on

National

York,

Total

payments.
In

liles

while

provided

Merchants & Miners Transportation Co.—Earnings—

the

Court

that

of

television

shifts' in

kind,

$10)

respect

earnings of the comoany whether or not the steel
industry returns to the basing point system.
.
On Oct. 4- the Sixth Circu.t Court of Appeals rendered a favorable
opinion in the company's royalty litigation upholding the decision of
the

$2,051,750

;_*_-■

*

two

May Department Stores Co.—Definitive Debs. Ready—

Chase

w.th respect

This competitive advantage

products.

76,389

$2,470,635

of
investments,
$70,823;
payable
for
employees' Federal taxes withheld, $1,259; provision
security taxes, $388; net assets (equivalent to $24.98 per

available

increases, however,

for

models."

$35,110;

Definitive

steel

table-model

screen

receiver

their

manufacture and

materials for steel

raw

large

$672,187;

debt

A

the

lork

tele¬

in our estimation, will be,
therefore, we are planning

sales;

Stcllncr, Vice-President in charge ef home radios and'
receivers, has just announced that Motorola's 50,000th VT71
produced.
"Tne comparative shortage
of 10-inch cathode*
ray tubes," he said, "has hampered full-scale production of Motorola's,

been established at

"

88,457

■

p.

,

products to
substantial freight advan¬

give the company a
large mills located outside of this

tage over the

1947

77,713

investments

on

will
Cor¬

With

$40,000,00 worth of

of

radios,

set

of

time.

some

been

portionment

1947.

—V.

their

finished

will

area

will
Its

June,

$37,875

loss

8,388,828 shares of

remaining*

Finance

home

of

television

we

for

the present-

H.

buildings

purchases

168,

reoeiveis

television,

our

availability

filling

television

next

98,325

sha e for

v

of

in

.

__*x._

net

investments

social

for

by

the

with

able to approach

include marketing

volume

volume.

Walter

$2,216,596

period***.

declared

shares,

interested

"-•<

production

is

work

the

.

;

LIABILITIES—Dividend

the

of

The

affected

smaller

Hilp,

&

"1948

—

provision

3 Mos. End.

the

of

by

•

*_*_

for

The

for

cost

completed

be

___

realized

Negotlat ons are being completed with scrap dealers for an adequate
supply of raw material for the company's new electric furnaces.
Utili¬
scrap

to

:

gain of $381,551 in

zation

local

Barrett

cost
for
Federal
income
tax
purposes,
$169,957,690),
$201,625,911; U. S. ti'easury bills due Oct. 7, 1948 at cost plus discount
earned, $2,9.19,502; cash in banks, demand deposits, $7,487,395; receiv¬

the

by

plans for 1949
sets.

Motorola's

of

stepped up

commensurate

television

part

is

program.

will net be

we

production
this year."

its

$167,22.),147;

be subject to

suitable

maximum

to

of

$2,646,672

ASSETS—Investments at

which, it is believed, can be
one of the usual stipu¬

future dividends

earnings

Calif.,

Sept.*30—

BALANCE

be expected

lenders requires that

after

of

estimated

„__•*_*_

related

indebtedness

notes...

"Our

165,.

office

Income

electirc

repayment

Reconstruction

ten-year 4first

a

difficulty.

mortgage
the

Ukiali,

at

expected

compensation

therefore

Occober, 1945, to finance Us.
The funds required for the new

from

Motorola

Vice-President in charge

out,

"Although.we have

maximum

a

tubes,

for

pointed

feci.

300

NOTE—Company

of

to

ray

a

construction

for

contract

:■

expenses

"Before

is estimated

First,

production

demand

Both

disclosed.—V,

not

was

continued:

cathode

this

Spring Co. of New York.

price

the

p.ant

The

building,

to

"Surplus

in

second

borrowed

program

the

approval

ten-year-4"r.

being

the

thout

w

lations of

awarded

•

by

is

in

The

that

announced

manuiacturing unit, tempering plant and warehouse.
length wi 1 be 1,000 leet, with the width varying from approx¬

Dividends

pur¬

tons

operation

being obtained from two sources.
making ava lable $8,000,000,
wh ch

are

ev.denced

retirement

program.

has

manufacturing

dends

and

60-ton

program

completed

company

secured

it

Merrill

23

the

"Net

furnace

30,000

are

$10,500,000

poration

the

year

which

Nov.

on

has

Other

for

of

term

President,

$900,000.

Trustees'

will commence in

operations

will be

plant
new

four

approximately

of

Mr. Galvin

i

Harbor,

furnaces

completion

upon

capacity

complete

year.

ten-year

undertaking

appointment, the Prestdent
organizational, and expansion

set

one-story

net

a

for 2Va years assistant to Elmer Wavering,
Motorola's auto radio division.

of

$2.36

$0.45

„_*_

the

co-founder of Galvin Manufacturing Co., forerunner
Robert W. Ga'vin has been a director since 1945 and

was

Motorola, Inc.

The

Three Months Ended
Total income

at $18,500,000.
In

of

$353,601

,

Massachusetts Investors Trust—Earnings-

tne
The plant whicn
furnaces, soaking

mill.

Administration

the

for

combined

a

ingots

and

middle of

$67,628

which

building, of frame construction, 92 by 40 feet,
being erected under a separate contract, which went to Frank M.
Crane, of Ukiah.—V. 168, pp. 2121 and 347.

the Detroit

of land on

steel

consist

and

Assets

constructed

doubled

January

$242,176

V. Galvin, President,
on Nov. 20 announced the
appointment
his son,-Robert W, Galvin, to the post of Executive Vice-President
has been vacant since 1944, following the death of Joseph E.

of

is

longer be de¬

no

685,010
$0.31

$0.48

*

1686.

Motorola

A

-

Ind.,
during the latter, stages of the war which is being dismantled and
moved to Trenton.
The melting capacity of this plant is being more
than

70,609

materials.

raw

our

tract

210-acre

a

will

that we

so

$210,431

698,800

*,

*****

Motorola, Inc.—New Executive Vice-President—

$424,210

107,850

shares)

Francisco.

which

program

$333,424

wa-s

Wolfson,

factory

house

Trenton, Mich., which contains all of

mill,

blooming

chased

$175,478

52,945

$79,837

E.

of

overall

<• for

also result in

will

capacity and

facilities

has purchased

$18,500,000

1948—8 Mos.—1947

$54,868
*****

outstanding
share

radio

"The

corresponding
and $5,485,244

brought

major expansion

a

the large steel companies for

upon

company

are

Spend

on

present

our

River deep-water

we

$295,121

87,405

*___

corporation

San

excess
»

Ex¬
pansion—Output to Be Doubled—Program Financed by
Customers and RFC—Donald B. McLouth, President, in
a letter to stockholders dated Oct. 21 said jn part:
company

166,

vision

This

648.

p.

McLouth-"Steel

complete

$167,242

(150,000

hardboaru

fixed assets
the corresponding date

expansion have

plant

compared w.ui $9;t49,oOO on

as

year.—V.

more

224,896

168, p. 1364.

imately

•Investments

will

$199,314

130,440

Masonite Corp.—To Build New Plant—

•

rfespect.vely.

This

$45,038

147,479

shares

somewhat

other

for

current assets were $10,518,101, against
including reserves for Federal and

1948

30,

1 abilities

figures

,

$147,642

1317.

of

NOTE—At

to

p.

company has acquired the E. R.
lirms make automobile
springs.

purposes.

last

—V.

108,248

income

Howard

$2,552,763
522,998
84.83

$1,572,209
610,165
$2,58

522,998

610,165

80.70

providing

current

132,588

sition—

$763,330

$424,509

profit

Profit

Cr20.302

Maremont Automotive Products, Inc.,
Chicago—Acqui¬

p.

No.

101,732

$58,993

_*___:

deductions

stock

—V.

1948—9 Mos.—1947
$26,470,707 $24,843,1244
I,lv9,i87
2,544,769
4,0b8,61:j
436,457
972,560
1,515,847

722,910

for

per

Earns, pgr share of cap.

1948—3 Mos.—1947
$8,767,285
$8,380,883

be.ore

Net

Earnings

Galvin, who
Net

loan

(& Subs.)—Earnings—

sp.ies

Prov.

Capital

95,851

new

Period End. Sept. 30—
Profit

94,897

1147.

McCall Corp.
Net

115,668
113,820

nothing to $4,000,000;

trom

$4,000,000-from

proceeds will be used to pay off $3,500,000 of short-term bank
and the remainder
will be added to working
capital.—V. 168,

notes

72,667
74,276

Cr710

income

Income

net

pp.

91,446

income*

oper.

income

7

Paul

to increase tne
incurred in ordinary course

that

than

$78,259

88,034

income taxes-

1948—Month—1947

taxes

30,

indebtedness of $5,500,000;

mortgage

than .3%'.®

more

The

Nov.

on

indebtedness, (other

authorized

accruals

res.

taxes

Utility

1920,

Period End. Aug. 31—
Net before after income

-

Lukens Steel Co.—Private
The

(2227)
Mississippi Valley Barge Line Co.—Earnings—

1948—12 Mos.—1947

$1,269,983

Retirement

$2,620

$2,348

1948—9 Mos.—1947

revenues

General

Loss for

CHRONICLE

Operating expenses

4

*-,-*—

175

_

Period End. Sept. 30-

$2,727
■

COMMERCIALFINANCIAL

Maine Public Service Co.-—Earnings—

1945

1946
$2,432

194V

S3,060

interest.*—

Interest
Taxes

THE

4755

Number

$2,973,843

Net

paid for the first-half of the year indicates a total
per share for 1948 compared with 39 cents paid In

.

assets

value per

at

Oct.

31,

1948

$17,237,000, and
$9.11.-

totaled

share outstanding was

the net asset

THE

8- (2228)
INCOME STATEMENT

COMPARATIVE

Nine

Months

Ended

$518,620

68,185

5,237

4,225

$529,430

$446,209

328,031

299,992

$201,339
1,902,394
$0.28

$146,217
1,804,673
$0.25

30—

_.

,_

-

Expenses
General taxes

;

income

"Net

_

_—

-

_

dividends

The

directors

CHRONICLE'

FINANCIAL

&

New York Air Brake

1947

1948
$605,961

71,294

Sept.

Cash dividends

COMMERCIAL

amounted to

Co.—$1 Special Dividend—

the same

for 1947,—V.

as

declared

23

special

a

stockholders, Herbert C. Freeman, President, explains that the reduction in corporate net income for both periods was
due to the fact that during the preceding 12 months and three months
have

which

Capital shares outstanding.

Earnings

share___

per

'Before

$117,189

realized

net

gain

of $628,356

Investments

on

The

either

BALANCE

SEPT.

SHEET,

$13,338,000.—V.

at

$13,095,-

U.

income

8.

Net

ry.

Net

taxes

income

income—.

oper.

466,957
1,046,248
896,690

1,765,975

—

5.2%

payable,
$8,008;
accrued
taxes,
$12,413;
$10,558; net assets applicable to 1,902,394 outstand¬

'Includes

V.

168,

(equivalent to $8.60 per share), $16,370,286;
total, $16,401,264.—V. 168. p. 1257.

adjustment

of

railroad

history.

last

Nov.

declared

the directors

19,

year-end extra

a

New York Power &

Federal

per share and the regular quarterly dividend of $1 per share on the
capital stock, both payable Dec. 14 to holders of record Nov. 30. This
brings total payments in 1948 to $5 per share, as against $4 In 1947.
In addition,
holders

stock dividend Was declared, payable Dec,
30, 1948.—V. 1C8, p. 1801.

10%

a

record

of

Nov.

Other

Other

inch

diameter.

in

discussing

operation

the

the

of

1948

in

and

said

and

Net

tube3

The company will expend
and equipment, for the

Hatboro

The
Ihtee

Hatboro

plant,

and

in

with

services.—V.

of

area

an

is

&

70,000

equipped

with

fh<8

with

hew

a

together

company,

both

bon

11

share

new

a

share

with

Nos.

coupons

will receive

the
and

certificate

frs.

of

with

(attached, of Nestle Alimentana Co.

December, 1947, the corporation
adopted the name of the latter.

*Tfte

new

the

shares,

the former

like

Stock

Swiss

Exchange

Co.,

If

100 par value,

Nestle Alimentana

new

Co.

Net

and

Nestle

Alimentana

will

(8.

A.)

New

Unilac

Nestle

and its

Alimentana

branches.—V.

166, p.

946,236

$1,015,055

2,023

$933,932

shares

at

717.432

20,

767,225

reported
1947

30.

revenues

above

the

for

City

the

corporation's

the

ended

year

New

York

system

in

of

distribution

Sept,

acquired

30,

by

Flatbu^h,

1948.

which

of

15,803,329

ended

kwh.

Nov.

Gas
01

is

output

22,758,000

for the

19,

is

This

production of 15,833,303

Period End.'

Operating

Sept. 30—

1948—9 Mos.—1947

and

income

Canadian

N.

State
taxes

corresponding week

Operating

71,943,328

8,228,200

10,995,200

451,820

434,01G

604,235

613,985

chge.

1,421,455

1,319,268

<1,906,592

1,820,563

13,039,762

12,122,985

17,088,421

16,002,176

Crll6,728

Crl23,885

Crl31,587

Crl50.G93

reserve

income

income

Gross

19,116,824

21,178,443

Dr33,829

Dr48,808

13,712

131,169

16,356,134

19,068,016

25,696,798

4,111,223

4,616,623

21,192,155
5,662,242

2,157,015

2,157,015

2,876,020

J———
_____

25,565,629

this Association reports electric output
of 29,974 kwh., or 0.19%
below
the corresponding week a wear ago.

T2Lfonths Ended

year

a

6,536,383

from

pthefr deductions
company

2,383,567

$4,102,100
174,596

from

Federal

return

income—subsidiaries—_
income—Assoc.
Income

taxes

from

filing

of

to

1,593,057-

Other

*Of

taxes

other

deductions from

Provision

for

Federal

separate

552,939

$1,650,672

taxes

taxes

(on

1 238 844

basis

income
income

184,190

80,899

—V.

i68,

p.

filing of consol. tax return

$1,719,381

in June

and

close

of

^1,530,558

2122.

and

who

J-a£

t€02.

stockholders of record Nov. *19.

will total -$4.25
.

•

;.

75

.

/

per

share,

•




&$

against $4.50 in
'

record

share,

.

,

-

168
-

and

surplus

(pro forma).

INCOME

Expenses
Other

STATEMENTS

Sept. 30, 1948—

"Before

♦After

133,030

$11,085,950 $13,161,047

_—_—

:

886.276

886,276

490,000

600,000

76,437

bank

loan

1

notes—

76,437

30,740

—

30,740

I

•

■

Pro

forma net Income
per

♦Giving
Co.

Power

Co.,

30,

before

the

Power

&

North

liquidation

income

common

American

of

Included

is

for

.'+$1.35

Light

North

&

Power

American

the

Light
ended

quarter

Light Co.

Securities

slocks

common

in

order

such

on

has

it

to

the

of

the

Power

&

certain

technical

these

companies

approved
common

by

did

the

that

in

dividends

Sept.
Securities
the

last

for

the

and

Co.

1948.

and

for

declare

not

30.

Hie

Exchange
of 1948
fourth

quarter

third and

1948.

•

EARNINGS

-

Light

requirements

ended

quarter

intention

companies will declare

quarters

meet

returns,
for

been

is

Kansas

of

Pending the disposition of an application
-Exchange Commission to reclassify their

tax

stocks

now

and

stocks

and

consolidated

of

application

u."

$1.12

to

dividend

no

$9,602,497 $11,567,594

_

liquidation of

on

dividends

the

the

effect

1948

the

filing

to

giving

—

share

common

effect

tAfter

Sept.

OF

NORTH

AMERICAN

1948—3 Mos.—1947

Income dividends ___2—
Interest

Total

income

Federal

Int.

.

$2,852,931

CO.

1948—12 Mos.—1947

$3,964,462 $12,795,452 $18,477,614

39,190

29,065

133,030

77,869

$2,892,121

_______

$3,993,527

$12,928,482

313,555,483

172,681

886.276

1,176,012

180,000

573,000

702,000

38,433

94,593

196,707

8,586

tax

225,288

123,000

18,774

income

15,233

39,310

484,197

$3,534,573 $11,335,303

$15,996,567

taxes

bank loan

on

Net

2,424,025

10,109.868

CO.)

133,030

—

income tax

on

$1.85

(NORTH AMERICAN

$10,952,920 $13,028,017

taxes

Interest

$15,877,757

1

share_

income

notes

$2,569,080

_____

Earns, per com.

13,380,370

—V. 168,

share—

*

$0.30

$0.41

$1.32

$1.87

1802.

p.

for

.

the

The

.

first

ten

months

required

to

finance

company is inviting bids for the purchase from it of 56.000,000
debentures, dated Nov. 1, 1948, due May 1. 1966-69.
be received by the company, in care of Messrs. Pam, Hurd
& Reichmann,
231 South LaSalle St., Chicago 4, 111., up to 11 a.m.
(CST), Nov. 29.—V. 168, p. 2123.

serial

Bids will

working

Northern States Power Co.
dividends

December,
last

An

making

year,

$1

of

1947.

a

each

total

on

June

of 25

extra

cents

$2.25

of

for

Electric

totaled

purchased

the

of

in

that

to

Cedar

In

1941

time

Rapids,

commenting

anticipated

this company

kwh.

(Del.)—Weekly Output—

for

compared

as

corresponding week last year,

an

the

Period End.

interest

executive

Operatfng

Sept. 30—

the

week ended

with

62,031,000

increase of 6.8%.—V.

(Minn.)

1948- -9 Mos.—1947

revenues—

Operation

$50,292 199

(&

Nov.

20,

kwh.

'

1948,

for

the

168. p. 2123.

Subs.)—Earns.

1948—12 Mos.—1947

Cave,

N.

Y.,

has

four

Hagerstown,

plants

Md.;

located

at

Berkley,

and

$45,351,840 $66,674,162 $60,126,708

until
he

Northwest

Sept. 30,

Linseed

1947,

connected

was

Co.,

when

with

Minneapolis,

he

sold

Honeymead

the

its

as

company.

Products

Co.,

22,238 390

17,972,798

29,793,590

Maintenance

3,029 867

2,764,730

4,089,398

4,815 ,000

4.398,750

6,281,250

5.723,750

5,722 165

5,015,009

7,565,742

6.640,734

4,553 ,425

4.693,950

5,867,175

6,384,050

506,775

601,525

724,075

$9,999,828 $12,475,483

$13,365,591

(other than

Taxes

Federal

income

inc.)

taxes

income taxes

State

487 000

23.728,959

3,559,549

Iowa.
on

his

no

changes in

Co.,

members

he

Net

the present management of North American

Other

new

connection,

Mr.

Andreas

said

that

operating
income

income

$9,446,352

(net)

209,650

191,190

283,662

263,171

Co.

Cohu

&

of

the

New

York

Stock

Exchange,

handled

transaction.
-

•

Income

COMPARATIVE

EARNINGS

STATEMENT
1946

$705,908

$235,965

$154,525

American

Speeds Expansion—

depletion
tLoss.—V,

and

interest,

168, p.

Co.—Company

t$232,127

allowing

for

1366.

deductions

divs. and

Net

minor-

42,153

Pfd.

income

divs., $3.60 series—
divs., $4.80 series

(issued
Common

Nets

$10,191,017 $12,759,145 S13.628.762
2,329,081
2,802,135
3,158,590
3.690,564
42,153

56,205

56,205

$7,284,765
742,500

$7,346,728

$9,544,349

$9,881,992

742,500

990,000

990,000

1945
Pfd.

but

$9,656,001

ity interest

1948

depreciation,

•_

-

1948

profit

taxes,

income

Gross

Subsid.

♦Net

of

Northern States Power Co.

controlling

Chairman

output

66,267,000

$1.32

Share—

—V.

'

For the 12 months ended Sept. 30, 1948, corporate: net
income of the

Aug.,

19481—

dividends

168, p.

117,333

117,333

4,644,933

.•

4,222,666

6,052,489

5.622,667

1696,

company amounted to

Northwestern Belt Telepltone Co.—Registrar—*

pared

Payments

1947—V

cash

Nov. 18 was elected
director.
The company

Howes

operated

from

North

cents

slock, payable Dec.- 24 to holders of
C0.mp^ny,:^i!L pay * divid^d of $1 per
ccnts^ to

i

piUs & special of 50
lb -1948

of

for

on
a

Y.;

Andreas

♦After

dividend

operations

recently

profits on bonds purchased.

year-end

2,475,345

Depreciation

.

Nfew Jersey Zinc Co.—75-Cent
Year-End Dividend—
a

dividends

common

common

The-Guaranty Trust Co.

$11,335,000, equal to $L32 a common share,-com¬
with corporate net income of $13,997:000, or $1.87 a common
share, for the 12 months ended Sent. 30. 1947.
Corporate net income for the three- months ended Sept. 30, 1948
>•

,

--

and

paying agent for

due

Nov.

15,

•

an

1973.—V.

of New

York

has

4

been- appointed, registrar

issue of $60,000,000 31-year 3&%r debentures,
168,

p.

2123.

,

4.734,592

.

subsidiaries—

,

1359.

p.

27,682

$1,753,938

N<:*- 24 declared

10,116,359

semi-annual

12 Mos. End. Sept. 30—

surplus

'

-

2,424,025
'

i

W. Va.

$1,502,877

34,558

need

paid

Andreas,

N.

Cement

105,849

company's

the

compny,

committee

Prior

1947

$3,006,809

218,357
797 447

inc.

had

at

166,

M.

this

the

to

paid

President
1948

Fed.

1.840,199

184,003

Income

Federal

North American Cement Co.—New Control—

Mr.

$2,841,033

than

return)

^Tgjet income from
—
Credit resulting
balance

also

Albert

EARNINGS OF COMPANY ONLY

and

480,000

year, the directors have decided not to take any
on
the dividends ordinarily payable on or about
was
taken in view of the uncertainties that lie

increased

and

year,

Catskill,

12 Months. Ended Oct. 31—
Total income

Expenses

this

in

$1,967,643

$21,431,498

$23,271,697

________—^

Total

capital improvements.

company

1947.—V.

$1,097,733

488,748

surplus—*.

step

and

was

consolidated

indome tax return

time

the

inevntories

1 238 844

1,462,597

this

and

25,

the

fiscal

This

at

24.

ahead

(separate

basis)

-

8,269,877

reviewing
current

action

347,062

$1,478,896

resulting

fealance

After
of the

$4,276,696

257,333
797,447

only

.Net income
Credit

1,872,899

$3,996,273

deductions

J_„

168, p. S46.

The

Tdtal income

1,818,019
-

i

•

,

1.818,019
*

Nonquitt Mills Co.—Omits Dividend—

1,663,476

1,719,045
2,581,092

121,171

Other income

for

2,071,949

>

10,050,127

reserves

Northern Natural Gas Co.—Bids for Bonds—

1,480,541

Dec.

Operating income

Provision

—V.

16,284,395

120,000

Hudson

___—

-

9,898,828

Income dividends
Interest

12,513,957

1,725,292

$3,875,103

______

PfbV. for retirements of prop.,
plant, and equip.
PfbV. for taxes other than Fed. Income taxes—

360,000

1947

16,247,387
__

12,653,893

stk.

Corp.

—

revenues

PRO FORMA

Otlwr

,

$28,219,868 $24,016,538

j.

Afaintenance

Othet

Niagara

Balance

and steam purchased

gas

of

pfd.

on

•*

1948

12,294,378

subsid.—

a

requir.

l_

—

.

in¬

net

ACCOUNT

expenses

PoWer,

Div.

Power

revenues

Operating

by

come

10,087,696

of

3.266,610
8,748,397

—

taxes

Expenses

income

'

ago.

INCOME

Oct. 31—

Operating

Net

Reservation

j

61,961,064

,
—

Period End. Sept. 20—

.

___

1948

revenues

Balance for

2,876,020

—

income

STATEMENT

30,

income

Commission

16,389,963

___

requiremts. on pfd.
stocks of subsids.

Association—Output—

for

CONSOLIDATED

operating

Missouri

87,400,007

8,449,000

taxes.

water

SEPT.

__.

Interest charges (net)
Preferred dividends of

&

54,128,899

appropriation

Other

126,790,188

6,389,500

—

Emerg. diversion

Zurich,

136,274,311

95,447,107

$

65,140,605

____

taxes

income

Y.

Other

Mcnt-

$

maintenance

depreciation

Federal

•

reported at 189,019,000 cu. ft.,
This is a decrease
ft. or 10.75% below production of
211,777,000 cu. ft.

cu.

Net

Earnings

1948—12 Mo?.—1947

Sj>

102,716,377

revenues

Operation,

decrease

a

kwh.

the

operating

amounting
to
$864,281
are
included
In
the
consolidated
reported for the year ended Sept, 30, 1947.—V. 168, p. 849.

Income deductions

week

of

As

condemnation

for

Niagara Hudson Power Corp. (& Subs.)—Earnings

are

INCOME

ENDED

$257,450

Div.

Ftfr the

CONSOLIDATED
MONTHS

income

for

Non-operating

759,628

$171,707

acquired

revenues

2313.

New England Gas & Electric

Provisions

resulting from operating loss carry-back

1.948

.

Sept, 30 approximated $12,912,000-

on

—.

12 Months Ended

July

This represents the company's only
Bank balances and short-term

$120,356,524

expenses

Maintenance

1947.
of

*

re¬

bringing

quarter,

revenues

Earnings per

June

and

Banque Cantonale de

FORMA

third

the

further

Other deductions

$20,174

within

well

are

were

$1,017,078

$134,386
of

Co., ;

Power

131,900

Dr7,304

deductions

•

near

(Including North American Light & Power Co. and Subsidiaries)
Operating
Operating

19,322

75,500

$851,819

—_r—_"

credit

Kansas

101,343

89,513-

_

$

Fribourg, Fribourg, and its agencies; Du Pasquier,
Co., Neuchatel, Darier & Co., Geneva.

93,994

18,882

property in the City
by condemnation and earnings from such
property ceased on passing of title.
Operating revenues of the Nor¬
wich property amounting to $70,280 are included in the consolidated

and

shares

bonds held

Appropriations for depreciation

*38,926

—

during

Taxes, other than income taxes

„

&

of

half

the

stock.

common

161,770
242, T98

$762,306

was

only be good delivery
by the corresponding

accompanied

its

to

381,065

Crl,605

income

revenues

shares,

senior

152.194
220,000

,

Light

American Co.

North

$195,000

389,018

,.

9,895

-

corporation's

acquired

<

American

in

Co.

.

of

145,000

-

,

taxes-

Norwich

of

following

de

new

1,392,681

Light

companies through 1949

our

327,848

taxes..;—

——

'Includes

Bank
Corp., London, England; Credit Commercial de France,
France; and In Switzerland at: Credit Suisse, Zurich, add its
branches; Socicte de Banque Suisse, Basle and its branches; Union de
Bantjues Suisses, Zurich, and its branches; Banque Cantonale
Vaudoise,
Lausanne, and its agencies; Banque Cantonale de Berne, Berne, and its
branthes; Banque Cantonale Zougoise, Zoug, and its branches; Banque

Also

$3,443,728

1,374,942

162,400

earnings

Income

Parts,

fnollift &

$3,270,765

1,008,163

first

the

in

furnished to The
&

American Co., depending upon whether this is done
liquidation of Light & Power.
The requirements

amount

PRO

1946

$2,520,412

income

Total

Swiss

l'Etat

1947

65,875

income

Other

together with

11

the

Government

■

Missouri

of

Power

North

parent.

the total to $1,757,000 on Sept. 30.

Gross

of

Unilac, Inc. shares will
be issued upon delivery of the old stock at
any of the following banks:
Guaranty Trust Co. of New York, N. Y.; Credit Suisse, New York
agency, New York; Swiss Bank Corp., New York agency, New York;

de

1948

taxes

stock

Federal

A.).

Uiiilac, Inc. shares bearing the same numbers.
also ready for exchange for the old shares.
the

Nos,

(& Sub.)—Earnings—

taxes

NOTE—As

value

par

Co.

Missouri

capital of all of

in

.

,

security

for

100

duced

$5,890,132

$4,871,746

.

—

Capital

have

ability to finance."

..

taxes—.

Excise

Ltd. —Name

frs.

of

coupons

(S,

Til

on

$4,726,371

_

Social

corresponding bon d'amortissement,
following attached, the shareholders

certificate

d'amortissement, both

2663.

Depreciation

is set on
sewer and gus

power,

Holding
Ranged—Exchange of Shares—
old

$3,804,138

property

-

Coal Company
third quarter of

the

after

or

senior

their

their

North

the

by

or

for

1,477,341

,

feet,

square

Anglo-Swiss

In exchange for each

1,429,179

_

Real

and

8.1%

were

Kentucky
over the

equity capital will be
and

Co.

by

either

future,

$7,367,472

1,091,448

Operating revenues
Operation

Net

Nestle

$e,310,525

1,064,892

industry."

our

completely
167, p. 1047.

acies

,$5,817,819

____

income

Maintenance

company

leading position

a

$4,869,030

—

Years Ended Sept. 30—

iiifeUf tubes, including receiving tubes, television tubes, special purpose
tubes and cathode ray tubas.
Coupled with the continued expansion of
our Electronic research division,
this new plant will enable us to lorge

to

Dr26,883

deductions

p.

customers

assure

Electric

Union

of

additional

Light

—12

"Acquisition of this plant," Mr. Meinken continued, "marks another
the company's planned expansion program.
When this unit
ift full operation, the company will produce a completely rounded

.:hekd

$4,895,913.

New York Water Service Corp.

r-ttfp in
is

Drl5,487

3,392,935

___

Income

—V.' 166,

estimate

an

the

Dr32,739

2.172,060

ahd

capital

of more than two million sets next year, he
would turn out approximately 200,000 tubes in
upwards of 500,000 tubes the following year.

that

Drll,953

2,341.000

income

Income

plant, Mr. Meinken
pointed out that the corporation will use straight-line exhaust methods
lot jiroduetion of all its tubes, including the 10 Inch, 12 inch and 16
inch sizes.
Based on an indicated production of 800,000 television sets

1949

$7,382,960

1,813,000

plant

$1,500,000 for the installation of machinery
production of these tubes, Mr, Meinken said.
in

4,530,787

$6,343,664

23,377,290

taxes—

income

Gross

Meinkcn, President, announces the purchase of a
in Natboro, Pa., for the production of all types of cathode ray

including 20

to

programs

Outstanding bank leans of the

C.

u|> to and

3,107,559
$5,829,772

14,230,649

Some

Power

19,239,635
2,886.000
4,122,083

17,533.737

before

17 to

companies

operating

stock

1949.

$33,630,678

deprec.

&

taxes

utility

expansion

common

194e—12 Mos.—1947

$25,508,980 $36,429,741

$27,635,585

Operating income

National Union Radio Corp.—Acquires Plant—
Kenneth

na'.nt.

Oper.,

$1

an

continued aggressively with
their service areas of adequate
demands for electric power." Mr.
Freeman states.
"North American proposes, subject to approval of the
Securities and Exchange Commission, to invest $5,000,000 in additional

Light Corp.—Earnings—

1948— 9 Mos.—1947

Operating revenues
of

industrial

of coal by West
increase of 14.3%

Sales

1,729,718 tons,

capacity to meet steadily increasing

Period End. Sept. 30—

dividend

present

year.

their

ing shares of capital stock

National Steel Corp.—Extra in Cash and Stock—

of electricity by

sales

quarter

and

commercial

to

respectively.

,

totaled

1906.

p,

Pro forma corporate earnings, on the
$1.35 a common share.

or

companies totaled 1.4 billion kilowatt hours, an Increase of
a year ago and an all-time record for any quarter in their
Sales of electricity to residential users were 10.5'higher,

sales

while

2.7%

tax.—

Insurance

unemployment

12

RECORD—Third

SET

over

"Our

Liabilities—Accounts

the

for

basis, were $11,568,000,

operating

3,843,563
4,511,355
8,061,871
6,342,702

7,306,500
*3.984,754
13,879,751
12,656,029

484,500

396,631
1,764,562

accruals.

tax

ry.

1,240,500

„

liquidation of Light & Power,
pro
North American Co. and present
months ended Sept. 30, 1948 was $15,878,000,
pending

the

to

equal to $1.85 a common share.

$8,446,067 $90,756,932 $75,556,207

$9,833,944

income

receivable for securities sold, $56,769; receivable for capital stock sold,
«li,730; total, $16,401,264.

Oft

effect

subsidiaries

168,

1948—10 Mos.—1947

1948—Month—1947

Period End. Oct. 31—

(cost

Other

expenses,

estimated

equipment

Light &

American

forma" consolidated net income of The

York, Chicago & St. Louis RR.—Earnings—

023), $15,718,045; cash in banks, $560,716; dividends receivable, $54,004;

accrued

of

cost

Giving

the purchase of
asked to name
will finance up

same

New

1948

30,

market value

securities—at

in

for

9

SALES

Gross

ASSETS—Investments

Dec.

to

up

15-year

or

the

bids

certificates. Bidders are
serial maturities. Proceeds

trust

distribution to stockholders.
No
Power Company is included in

for the most part by
North

from

foregoing results.

the

1365.

p.

NOTE—No provision has been made for Federal income tax because
fhte corporation has elected to be taxed as a regulated investment
Odinpany.

of

RR.—Equipment Trust Issue—

receive

equipment

10-year

75%

to

1947.

in

will

company

$9,720,000

and

1948

In

New York Central

since

Act,

Company

,

American derived income from substantial investments
been disposed of under the Public Utility Holding

North

periods

168, p. 1696.

income

♦Surplus for period

share, compared with $3,535,000, or

$2,569,000, or 30c .a

41lnahisareportyetor

dividend of 50 cents
per share
on
the no par value common stock, payable Dec. 17 to
holders of
record
Dec.
3.
Including the regular quarterly payment
of 50 cents per share, previously declared, payable Dec. 1 to holders
of record Nov. 15, dividends for 1948 will amount to $3.50 per share,
Nov.

on

Monday, November 29, 1948-

-

t

Volume

16#

Number 4755

Northwestern

Public

Period End. Sept. 30—

Operating

Net

in

$4,632,665

4,461,296

3,790,770

$191,706

Other income

$149,434

$918,359

$841,894

61

123

274

1.109

—

securities,

"Gross

income

and

other

-V.

108,

$149,557

$918,633

43,320

169,770

$106,237

$748,863

$670,877

tized

Period End. Sept. 30—

Reserve

for

<& Subs.)- -Earnings—

1948—3

Mos.—1947

$1,467,287

$542,337

236,336

126,481

594,648

219,937

8349,060

$183,679

$872,639

746.

p.

796,287

796,287

$

796,287

Gross

operating

Provision

$0.44

$0.23

$1.10

$0.41

oper.

deprec.

revenue

Prov,

Amortiz.

of pit:
adjustments

income

Amortiz.

of

642,753

__T)

(3,731,091

diset.,

Bond

interest

'Special

4,844.432

$701,503

$9,460,353

$9,680,416

163,772

$2,018,440

The

379,939

65,464

'

Dividends

372.462

Cr220,303

class

B

•31,651

•

Cr772

.

$509,174

§501,852

80,538

80,538

$421,3.13

stock—*—

of

declared

payable
cents

Dec.

to

17

Nov.

paid

dividend

a

holders

and

1

COMPARATIVE
Period End. Sept. 30—

966,469

$6,242,163

B

in

outf.tdg...

of

on

Earns,

per

el.

A

share-

per

cl.

B

thare.

After

current

charges

assets

after

and

$2

of

3.

With

May

on

share,

per

the

1

and

now

1948—12 Mos.—1947

$676,772

56,300
198,891

198,891

$2.88

'
'

$0.67

*•

198,891
■

$16.19

$12.02

•

$4.01

B

Current liabilities

$3,145,506,

'•■After

34,595,441

10,533,720

1948,

$1,509,291,

were

of

to

3-0

1948

"

1.

shared outstandings......
A and B share..

Months

'

Interest

102,218

—V.

Ended

Sept.

30—

144,

$1.35

p.

460.

-

•

.

.

in

mortgage
York,

1947

$99,908

19.760

sales

of securities based,

Nov.. 23

106,593

10,305

12,203

$118,506

$140,338

Balance

to

8,430,857 '

>.

8,430,855

•Includes

income

ort

Capital shares outHtandingi_-__ii__j__.i.
''Earnings per share—.J—I—*!—net

profit

sale

on

of

'-141,151

——;

fofr directois' compensation,

'

*

141,151

contingent

provision

$0.35"

—

1

NOTE—Company files
fore

as '-regulated investment company" and
provision has been made for Federal income taxes.

no

BALANCE
ASSETS—Cash
and

interest),

$11,413;

SHEET,

(including $17,500

$28,037:

securities

$2,442,801; prepaid

SEPT.

interest

(cost

$2,474,666)

expenses,

LIABILITIES—Collateral

$339;

loans

30,

there¬

1948

1802.

and

at

debentures

dividends

quoted

receivable,
market value,

total, $2,482,641.
payable

(quoted

\

market

value

of

securities

pledged, $587,750$116,000; .due. for securities bought but
not received,
$7,514; sundry accounts payable and accrued expenses
(including $17,500 matured debentures and interest),-$19,386; reserve'

for

directors'

compensation

for

1947,

$16,195; contingent reserve for
$10,305; note obligation payable to
bank, due April 1, 1949, $700,000; net* assets applicable to outstanding
capital shares (141,151 shares outstanding at net asset value of $11.43
per share), $1,613,241; total, $2,482,641.—V. 168, p. 1586.
directors'

compensation

for

1948,

Pacific Lighting Corp.. (& Subs.)—Earnings—
12Mos.End. Sept. 30—
Gross

expenses

Taxe3

for

Net

-8,131,719

7,882,580

(net).—_

«.-

debt-

2,200,930-

interest

of

I

exp.

on

Net

net

to

Lighting
on

Divs.

on

=>

divs.'.

subsidiary...;.

Applicable,
Divs.

-

N,

1

*

'

GWrs

Rental

'

INCOME

ACCOUNT

1948'

'

'

$15,812,290 $15,398,336
12.472,401
11,749,513

other deductions

(net)

$3,643,879
1,979,488

$1,449,431

p.

1

.

Court, Wilmington,

Del.,

on

share

com.

three
as

.

1,418,748

V.

for

168, p.

the

cumulative

$1.32

preferred

$1,075,722
429,498

been

stock.

See

.

sole

offering

certificates
Nov.

$9,664,636

$7,370,440

1,337,374

1,337,362

1,337,370

$8,068,862

$8,327,274

$6,033,070

1.000,000

1,000,000

1,000,000

1,000,000

4,825,893

4,825.893

to

in

months

ended

contrasted wit h

Certificates

$2,501,381
$4.55

are

to

gross

the

revenue*

totaled

three

sales

in

Operating

therms—

Federal

enced during these three, months.-, On the other hand, with
of

an

anvincrease
was

increase

are

a

in

in

the

reflection "of
maintenance

favorable for

field
the
in

construction

cost

these
and




of

the

repairs.

to

Philadelphia

the

under

mature
are

by

under

issued

guaranteed

endorsement

mately

an

by

for

3,828,100

18,385,50d

9.831,100

55,702,772

25,700,15^

$3.18

$2.06

1948—2 Mos.—1947

from

the

of

week

line

Co.

Net

r

;

5.048.473

451,411

1,273,000

•

81,932

424,769

2,819,348

10.207,084

1,667,487

"'242,331

964,203

854.161

715,100

2,422,447

2,309,836

512,562

546.322

3,373,692'

2,939,414

$1,069,840

income

$1,279,472

$1,334,393
-

u_.

P.

"Earnings

per

share—J_

"On 656,000 shares of

NOTE—As
of

$1,404,731
779,935 '
583,067

Co.-

$554 458

-

'• 836,472 '
•

$7,041,022

income

$911,664

District

2,443,954

...

1,672,655

-

Subs.)—Earnings
1948—9 Mos—1947
8

-

.

$

•

49,530,229 168,596,950 144,297,858

46,749,085

42,409,026 139,559,245 125,333,149(
258,122
1,128,760
825,488

:

547,847

—

-

and

1,105,735

974,839

*3,462,750

180,688

145,943

469,338

'

est,

99,957

taxes

40,925.

2,965,655
459,881

112,978

63,791

011

4,257,555

per

2,237,421

9,222,316

5,640,725

6,527,949

3,463,953

14,641,563

1,080,144

741,840

3,200,452

"9,009,170
2,225,490

5,447,804

2,722,113

11,441,111

6,917,722

.2,160,319

2,119,997

2,160,319

2,119,997

$3.02

$1.63

$6.78

$4.25

share
of

,

$7.01
,

.

•

company

sales'

AA—A

01a

disposal

from

properties.—V,

(& Subs.)—Earnings—
1948

'

1947

1,474,676

$12,598,514

$9,558,952

$7,038*042

7,897,673

6,852,955

$4,700,841

——

operations—.
;

$2,705,997

5,276,867:

$1,761,175

_j.

14,907

6,470

$4,715,748

Administrative and general expenses
Taxes, other than Fed: income taxes

$2,712,467

195,543

146,715

245,354

203,288

163,487

239,276

240,058

204,020

1,440,000

750,000

425,00(t

Prov. for depletion and
depreciation
taxes

on

income-

contingencieSA—_

Net

profit

Dividends

^

declared

Capital- shares -outstanding-;— _'_
•Earnings per share—
_

V.

ig$,

p.

948.

_

.

.

.

6,088

$1,767,263
139,072

•

125,000

,

and its' other customers

'

1946

1,712,306

-

Prov, for Federal
Provision for

j

163,

_"_1A_A—_

Total- ihcome
^

of

1,707,084
.

Interest income

$7.49,*.

past reporting practice the. statements
only the accounts cf Peoples Gas Light
Corp., Ogdeii Gas Co., and Universal Gas
Pipeline Co., a wholly-owned subsidiary not
to- the

profit

of „s.ales_.,

Income

from

gas

$134,044

1367.

*. Cost

$4,916,596^

reflect

consolidated, sells natural

for

(&

gen.

deductions

7 Gross

690,280

Chicago-By-Products
Chicago

holdings

49,414,445 168,113,558 143,927,926
115,784
483,392
369,932

0.

$6,589,251

$A59$,068!

$0.85
.-$1.30
capital stock outstanding.

departure

a

consolidated

Co.,

entire

Net profit after taxes

197,686

9 Months Ended Sept. 30—
Tonnage of coal produced-—

'

A—'.

in.

oper.,

deprec.

."Exclusive

$5,898,964

$6,204,550

215,259

264,554

deductions

sold,

——a

for

Earnings

2,209,677,

777,133

income'

and

included

2012.

$

59,271,131

inc.

for depletion

Mific.

1,329|946

2,268,220

taxes—

Net

not

59,468,817

and misc.

Surplus for period
Capital shares outstdg._

477,118

tax—__

Income

royalties.

Net profit
Common dividends

'270.169

—

p.

paid
other

or

of 1948 includes approxi¬

Coal Co.

8,52 4 648

utility tax_

income

ahd

Interest

732,131

Prop, and misc.

Gross

168,

are

company's

1948—3 Mos.—1947'

amortization

549.751

___

the

oil

subsidiaries

revs.,

admin, .and

expense
w

Prov.

756,073

'

income

gasoline,

1,208,139

Federal

Operating

sell.,

Prov'.

1,233.101

„A_—_

income

oper.

Cost of goods

4,295,004

3,488,508

C

•

Int., divs.

1

435,169

Depreciation
pub.

"

CrlOl.013

produced
Operation
Maintenance

.

of

$5.20
and

Engineering: Co.—Weekly Output—

the

,

1,101,690

purchd.

gas

sales,

rentals

RR.;

1,485,173

f

;

oven

-

sale

4,939,890
.

ended

income

'

of

Oil and Gas
Corp.

$

,

r

$9.21

Oil Company and its

Pittsburgh Consolidation

1948—9 Moii.—1947

,

sales

.on

6,045.255

taxes collected

or

for the third quarter

profit

'

,

4,984,950

Governments

stock of Shamrock

output

25,613,154

10,246,458

inter-company business

State

2,500,000

31,379,863

5,443,100

Period End. Sep(. 3.0—

Prov.

'

9,230,952

146,303,310

operating companies served by this corporaNov. 20, 1948, totaled
274,679,000 kwh., as
compared
with
24G,616,000 kwh.,
for
the
corresponding week last
year, an increase of 11.4%,—V.
1.68, P. 2124.

payment

Pennsylvania

the

the

19,221,490
6,045,551

Pioneer Service &

agreement

to

as

while

.V

53,118,995 220,706,473
1,225,000
3,500,000

10,274,445

A

$3,056,000

Eiectric

Y

.

and

further

H

f

approximately $2,204,000.—V.

tion

160,019,453 .128,502,263 525,450,015 444,310,205
f $9,243,366
$8,446,935 $33,853,904 $30,$02,891

revenues

•

1948—9 Mos.—1947

.

Company and its subsidiaries
consolidated earnings
figures above.

was

Plan)
are
each Ndv.

$529,000

annually
be

unconditionally

gas
purch. Ir.
Chicago District Pipe-

excep¬

gas in California, the other
demands on the System and
three months when the weather

greater

1,500,000

and

of common

Natural

.

tion

to

months

same

Total charges for .operating
expenses, taxes, and depreciation
$18,629,814 for the quarter ended Sept.. 1948, as compared
with $14,441,135 for the .same quarter in 1947.
The gross revenues
for the quarter, are h reflection of-the-fcrarm weather
normally experi¬

contingencies

for

IV.^°rTEA^i'?sAincome

the
cer¬

(Including Subsidiaries Other Than Chicago District Pipcpline Co.)

1947.

totaled

expenses

be

Period End. Sept. 30—<

$3.13

1948,

issued

are

1948,

year

r'

Total

Peoples Gas Light & Coke Co.—Earnings—

$207,177

$4.39

Sept.,

syn¬

Mullaney, Wells & Co.

certificates

of principal ahd
dividends
—V. 168, p. 2012.
r

Other

$2,242,969

$15,737,874 for

and

settle¬

1943

77,649,505 329,674,608 209,953,721

81,129,321

^0w^CiS'-TriEarningAof Wasatch

dated Nov. 1, 1948, which will provide for the is$(iance Of
$15,900,000
principal amount of certificates to be secured by new stnndard-gau'ge
railroad equipment estimated to cost not less than $19,875,000.

4,825,893

$3,527,375
V"
$4.45

stk.

be

.(to

1948
These

Gas

5,067,187

-

1,

1948

years

possible

Subs.)—Earnings—

3 Mos.~1947

sold,

of. West Edmond Oil

Nov, 23 of $7,935,000 2V'2%-equipment trust

1949-1903.

30,

the

for

$

gei>, taxes
and ,'int

Does not include

(Inc.); Otis & Co.; Phelps, Fenn & Co.; L. F. Rothschild
Co.; First of Michigan Corp.; Freeman & Co.; Wm. E.
Pollock & Co., Inc.; William Blair & Co.; R. L.
Day &
Co.;. Hayden, Miller & Co.; The Illinois Co.; McMaster>

Coke

$9,406,236

and
cxps.

&

60,813

'5,540

of" products

Average shares outstdg.
Earnings per share—._

appointed

'

117,508,356

iNet" profit

Other members of the offering group are R. W. Pressprich & Co.; A. G. Becker & Co. Inc.; Equitable Securi¬
Corp.; Gregory & Son, Inc:; Harris, Hall & Co.

The

for

include

1948

costs and retirements
Prov, for Fed. inc. taxes

ties

1,

liabilities

Deplet., deprec., develop.

tificates, series V, on a bid of 99.0399. The issue was
immediately reoffered (subject to ICC authorization) at
prices to yield from 1.50% to 2.80%, according to ma¬
turity. 1
" ■ A • : V. A
'
;
-

dated

period ended Sept.

tax

company's- nrovisions

taxes

income

Prov.

2123.

Hutchinson & Co.; "and

$213,053

1942

$2.50

has
.

income

of

months

income

The

1

64(5,000

$2.46

Y.,

nine

company's
final.

170.00Q

$346,054

.

1947

and

429,498

N.

245,000

be transferred to balance of
income in the
rcpiainc.er Will be retained in part for unsettled

oper.

637,700

Pennsylvania RR.—Equipment Trusts Offered—A
dicate headed by
Halsey, Stuart & Co. Inc. won

15,398
•

Pacific

surplus

$19,322,596

11,733
Cr52,014
-

the

227,331

1,932,233

.

$2,217,000 applicable to the years
1942, 1943 and 1944. "With tax liabilities for 1943 end
1944
settled,"
it .has been-determined-that
approximately $1,000,000 of this amount

1947

$1,055,398

York,

F.

2,602,353.

63,445

1,965,515

_______

Phillips Petroleum Co. (&

$1,721,722

—

Co., New

2,535,155

—

-I—,

(

Period End. Sept. 30

Peninsular Telephone Co.—Registrar Appointed—

Illinois

stock—

on

Fol'. the

'■

30,127

Corp.^—A" $8,594,562

com.

-

of

Co'st

('

1948

$1,693,098

outstanding,——.
share—!

Trust

_i

claims relating t6 the
and in
part as applicable to future charges.
During the
adjustments reflecting reduction in
provisions for Federal
and State, taxes for
prior years resulted in increasing the balance
of
fneome carried to surplus for that
year by $288,205.
In order to avoid
distortions cf comparisons these
transactions have not been reflected
in; this ,statement,—-'V. 168, p. 2012.-

until

common

*

became

assessments

155.

Bankers

446,600

$5,145,023

can

-.

per

$4,698,303

.I——$3,973,061

A_

r__.

year

profit
shares

1947

445,685

taxesA_i_i__.

NOTE—During the
1944

■

Leahy of the U. S. District

A-

of--leased' lines;_^i_.

ments

2,136,836

$1,664,391

before-Federal iincome- taxes—_—
Federal incomfe taxes-!

Gas

(8,743,772

income

.

$3,586,267

1,318,611

9 Months Ended June 30—*

168,

1948

-r__

Bttlance

$3,552,875
33,392

$1,959,20.7

.'

Earnings

Subs.)—Earnings

$3,527,376

Provlsioii for ineoine

10,336,573

Dr4,944

$3,340,818

—V.

(&

income

$13,889,'44$

$3,648,823

929

r

1946

"

$3,339,889

;,.■•

Co.

$49,380,308 $46,197,523
45,852,932 -41,499,160

Miscellaneous deductions
Interest on funded debt

•;

1947

Profit

342,127

1,403,755

397,660

$10,931,930
1,337,368

pfd. stock'— i

Balance

20,749

160,083

debt;

before

1,566,419

55,005

.72,000

l_
$99,271
$182,911
income from terminal building.—V.
168, p. 948.
•"

gross

Operating

"Gross

$8,4oi,645

255,860

&

prem.

funded

inc.
of

213,550

•

19,451,579
7,904,790

$12,997,655 $10,586,203 $11,028,108

funded

on

113,387

chgd. to coastr., Cr

Amort,

in

8,767,784

income

Interest
Other

14,549,359

revenue—$12,884,268 $10*372,662 $10,772,248

income

Total

Per

1945

14,172,066

retirements

opef.

Other

Divs.

1946

--

14,897,261

Prov.

Int.

1947

-

$94,028,355 $74,891,516 $65,061,854 $65,113,698
55,479,022
42,215,077' 31,857,667
29,355,684

oper.- revenue....

Operating

-1948

-

8,438

72,000

Noh-opeiating income

_

deposit for matured

on

accrued

owned

$0.32

"

-

12,183

Philadelphia Transportation

Parker Rust-Proof Co.- -Earnings—

award

investments-and

stock.
stock;.

Nine1 Months Ended
Sept. 30—
Operating revenues
1
Operatirig expenses and taxes

arising from

series, due July 1; 1977, are
Guaranty Trust Co. Of New York,
Y„ in exchange for outstanding tem¬

deductions——_

•

$263,349

surplus

4,470,426

p.

2,129
177,964

;

$183,458

-----

25,423,829

the

:

income —A—'

24,796,746

-3,539,257

takes

86,601

3,336*

the

revenues-

extended

registrar

73,829

___r

89,995

124,928

common

Dec. 1 a temporary restraining order enjoining
this company from paying its stockholders a dividend of
810,000-shares
of. capital stock of
Hugoton Production Co.- (Kansas).
The order had

The

cost

——

,78.649
$530,043

expense

preferred

3,397,972

income

$45,943

Contingent provision lor directors' compensation

on

charges
and

12,522,'548

<net)_

Judge Paul

20,108
33,854

17,127

*

a-

;

98,591

taxes

on

12,326,632

'

168,"p. 2123.

2,362*
$451,395

$401,718

income^

Dividends

bonds, 3'Aft-

at

Sept. 30—

revenue

Common

1948

.

...

general taxes—_

Net profit from

'■Before

116,601

$303,12(7

Dividends'on

8,510,742

Federal

COMPARATIVE

operating

Net

$86,859

.

..

.

expenses

income

110,114-

2,543

.

1

gross

year

102,218

-'

—

$49,973

Net

482,999

105,317
136,017

;

5,881,532

14,409,737
;

Net -income

$133,224

investments

Expenses and

489,509

u

10,201,948

1947

$295,024
$2.88

w

charges and Federal taxes'.—V.

from

1,488,336

_

!_

26,318,451

revenues

Interest and

were

Overseas Securities Co., Inc.—Earnings
Nine

!

9,798,695
.

—_—.

Income

1947

$2,651,fe02

1,669,563

A!

diScbunt

Net

originally" been issued on Nov. 13.
A hearing on the
application for a preliminary injunction had been
'scheduled for Nov. 23 but was postponed to Dec. 1.—V.
168, p. 2123.

!'

Co.—Earnings
1948

$2,706,077

41,507,309

,

$2.83

30,

ratio

a

class

per

Debt

Panhandle Eastern Pipe Line Co.—Stay Extended—
Sept,

of

as

isA-J

and

Earnings

Transportation

Sept. 30—

-

earnings

Interest

■>

stock..;.

delivery'

.

Gross

for'taxes.

reserves

6 Months Ended June 30—

profit

36,852,171

other

•

reductions

for

f

Net

56,300

Osgood Co.—Earnings—

Class A

to

first

ready

Operating
Operating

com¬

$911,754

reserve

deducting

Dec.

each

the

on

167, p. 2364.

■"Net

442,715

refunding operations, etc.—V. 168,

.

56,300

$4,654,797 including $1,210,940 cash.
resulting in net current, assets of
—V.

revenue-

Net

ACCOUNT

$1.03

*

Subtirbail

"Other income

41,064,594

303,868

___

•12 Months End.

$162,195.

$'4.34

Current

34,291,573

431,397

1

common

Other income

198,891

Earns.

share

per

record

cents

1948

56.300

cutstdg.J*.

fhrs.

$1

of

25

INCOME

$244,584.

shrs.

A

Class

Philadelphia

Pacific PeWer & Light €6.—Definitive Bonds
Ready—

966.469

$6,315,808

.

1948-1-3 Mos.—1947

"Net profit
Class

36,420,774

discount. &

Broadway, New
porary bonds.- *

2, this makes total payments
with $1.50 in 1947.

pared

electric-output of this company for the week ended Nov,
20,
to
151,076,000 kwh.," an increase of 5,300*000 kwh.'
the
corresponding week of last year.—V, 168, p, 2123'.

amounted

31,404,729

35,093,661-

'*

;

•

Nine Moxitfis Ended

65,918,834

35,641,937

accounts

3.6ipover

Gross

25,419,056

i—

140

have

50

87,197,875

Th:j

the

clearly prrtray

1697.

p.

Otper charges

-22,983,167

Li

c.

&

"Equivalent
bond

$7,20^632

.$7,282,277;

1602.

stock,

dividend

Aug.

.

$

22,473,390

Balance surplus
31,623

Cr35,C32

directors

$

104,922,363

Net income transferred to
surplus
Dividends on preferred stock

Oliver United Filters, Inc.—$1 Class B Dividend—;

-

investment.

because

more

Operating taxes
;
Depreeiatioh '——I A—!

exps._

revenues

charges

Definitive
p.

or

2,033,858

$428,636

168,

1948

j

Income

•

Balance
—V.

will

3,183.792

171,740

expense...

pid.

on

operating

Gross income

966.720

$676,905

...

debtl

income

Divs.

622,577

966,720

(4,702,461

deductions

Net

The

,

'1946

amortiz.

and

income deductions

80,560

taxes.:.}

debt

and

prem.

gen.

Miscellaneous income

19 48—12 Mos.—-1947.

.

80,560
:

Gross income.
Int. on' long-term

Other

,

$3,470,208 $45.422,liG 541,714,617
22,989,585.> 19,716,187
2,026,428,'. 3,787,152
,•
278,416
304,073
3,571,905
3,323,070

acquis.

taxes

Federal

Net

-1948—.Month—1947

depreciation..

General

its

on

consolidated

Philadelphia Electric Cfr.^Weekly Output—

$3,730,720

i

expenses

fcr

168,

T6tal

Co,—Earnings—

Period End. Sept, ,30—

for

and

(inci. Federal income taxes—

Taxes

Operating

'

not

exclusion

198,910,188 180,114,552 163,805,213

revenues

Maintenance,

"

r,

Ohio Edison
Gross

1947

-

rate' of .'l'eturh

are

their

Operatirig expense
Maintenance

1948

$322,400

796,287

:

"share—

per

168,

stock,,

that

subsjoiuxv

—V.

Pacific Gas & Electric Co. (& Subs.)
Sept. 30—

opinion

-

Capital shares outstand.

Earnings

$9,837,362; U. S.

premium and expense on funded debt, $1,186,856; retirement '
$107,292,704; insurance and miscellaneous reserves, $6,354,075;
surplus, $29,274,235; total, $335,765,249.—V. 168, p. 549.

12 Months Ended

—V,

preferred

fixed

a

subsidiary

9

company is of
the resulra
.of operation of the company and its como'idakd
subsidiaries Separate
statements .of income are included in this
letter for tnis
the

1948—9 MOS.—1947 "

$310,160

Fed. laxes_

Net earnings

dividend

cost,* plus

of.' this

issues

net

earned

$585,396

T_

cash,

bond

of

reserves,

Norwich Pharmacal Co.
Operating profit

trustee

$20,000,000;
commbn
stock, $42,806,964;. preferred capital stock of subsidiary, $22,287,350;
minority interest in common stock and surplus of subsidiary, $2,021;
funded debt, $82,515,000; accounts
payable, $7,555,649; accf'Ucd interest
on
funded
debt, $410,541; taxes accrued and payable, $13,264,098;
dividends payable, $584,314; customers'
deposits-, $2,231,442; unamOr-

172,127

$138,792

$296,923,400; investments

on

(2229)

at

.

certificates ($8,000,000 face value), $7,999,980; accounts and **
(receivable; $5,896,671; gas in storage, $934)873; materials ahd
supplies, $6,136,049; deferred charges, $2,736,464; total, $335,765,249."

1696.

p.

1948

Treasury

$843,004

52.975

-Net income

SEPT. 30,

deposit with
construction, $4,742,274;

flew

CHRONICLE

notes

$191,767

deducts.-

funds

$558,177;

to be released'for

LIABILITIES—$5

Int.

FINANCIAL

BALANCE SHEET,
properties and franchises,

ASSETS—Plant

1948—12 Mos—1947

$5,379,655

1,098,855

taxes-

&

CONSOLIDATED

$1,031,912
882,478

income

oper.

COMMERCIAL

Co.—Earnings—

1948—3 Mos.—1947

$1,290,561

revenues

Oper. exps. and

Service

THE

$2,595,575

$1,372,406

1,018,452

848,710

339,484

339.484

,339,484

$7.65

$4.04

$2.09

'

•

$710,684.
339.484.

company,

Pittsburgh Forgings Co.—6% Stock Distribution—
The

declared

have

directors

G%

a

dividend

stock

date,

usual

the

and

quarterly cash dividend of 25 cents per share on the capital stock,
payable Dec. 29 to holders of record Dec. 10- In each of /the
three preceding quarters,
a cash distribution of 25 cents per share
ttlftdc.

in stock was disbursed.

50%

of

a

due

$220,250), $30,000,000 will be applied to the retirement,
basis, in advance of maturity, of an equal principal
the company's 2%-2'/4%
bank loans made Sept. 10, 1948,

of

balance of the proceeds will be added

The

the

of

loss)

struction

——.

CONSTRUCTION

19, said:
"On Aug. 20 of this year I pointed out that car building operations
were on a loss basis that would continue until orders taken in 1947 had
been completed, and that the Domestic Appliance Division had been
operated at a loss from its inception.
John

Snyder, Jr., Chairman of the board,

J.

on Nov.

to

showed

Division

operating

net

a

loss

net operating loss.

"As

of

Sept. 30,
as

1948.

of Nov.

showed

we

19 have been

net working capital

a

reduced to $1,793,630.

Of

of

Our

In this con¬

nection

we are now discussing with our banks a refunding of the pres¬
loan, with provision for an additional amount to provide for larger
operations beginning after the year-end.
:
"Our car building operations continue to show an improvement, costwise, and this improvement will continue.
The result of our efforts in
this direction will, of course, be reflected to a
degree in fourth quarter
operations, and to an even larger extent next year. Based on our pres¬
ent order book, which now takes us to May, 1949, and taking into ac¬

ent

.

count the downward trend of

our

established

costs

so

far this year,

it

now appears

that anticipated profits on the new orders we have secured
satisfactory.
Such anticipated profits will be tax free, due to
the application of the carry-forward losses noted
earlier, to the extent
will

"of.

be

approximately $1,500,000."—V. 168,

1587.

p.

'

Public Service Co. of Colorado
9 Months Ended

-

Sepc„30—
operating revenues

Gross

Operating

expenses
and repairs

for

1947

1946

replacements,...

1,580,273

1,149,281

than

1,713,845

taxes,,.

1,884,114
2,526,216

•1,120,611

operating revenue,,,,,.

$4,984,065

$5,459,630

172,170

123,835

Net
Other

for

income

income

$53,333,000
that

construction

income

Interest

,,Amortiz.

debt-.

funded

on

of

debt

tgpecial charge
'Miscellaneous

discount

Net

1

"After

f

'

000's

& Co.—_

1,500

E. W. & R. C.

1,500

Mullaney,

&

Co.,

250

W.

lOo

Homer

100
250

Alfred

Broome

Burnham

$2,965,361

and

Co.,

Co.

&

Co

Iiic,_—

to

debt

unamortized

•

discount

<

Byrd Brothers

Public

?

Service

Company

tion Nov. 19 of 5,000

share.—V. 168,

per

Securities

Corp...

250
1,000
600

Burr,

R.

Co

&

&

outstanding

notes

notes)

funds

as

of

and

to

standing

at

required

Nov.

company
borrow such

but

annum,

rate,—V.

it

168,

Public

«

meet

its

fund3

has

at

The company

in

other

1, 1948,
believes that

The
t to
:

$6,275,000.

are

program

order
cash

interest

an

rate

commitment from

no

The

to

its

issue

such

construction

had

company

out¬

short-term .notes aggregating $2,100,000.
under present conditions it will be
able

2012.

p.

proposes

continue

to

needs.

not

of

exceeding 2 Ms %

bank

any

as

to

the

per
interest

.

Service

Co.

of

North

Carolina,

Inc.—Partial

Redemption—

Fauset,

will

be

York,

called for redemption as of Dec.
l,.next, $15 000
sinking fund debentures due 1951 at 102 and interset. Payment
made

N.

at

the

Y.—V.

Colonial

167,

Trust

Co.,

trustee,

57

William

St.,

250

Co., Inc..

Reynolds

400

The

Steel

&

.

Corp.

C.

Haas

;

Co

&

Hill

&

Co.—

Hirsch

&

Period End. Sept. 30—

Net

1948—3 Mos.—1947

revenues—

$5,027,086

expenses—

3,785,151

operating income
income (net)—

Other

Gross

$1,241,935

$1,101,681

12,997

28,238

•

income

$1,254,932

Deducts, from gross inc.
Net

-V.

1948—12 Mos.—1947

$4,141,831 $17,578,430 $15,951,201
3,040,150
14,018,239
12,619,338

$1,129,919

-240,086

income

$3,560,191
30,456

-$3,590,646
176,884. i
893,090

■;

$1,014,846

$953,035

$3,331,864
48,464
$3 380,327

695,903

$1,697,557

$2,684,424

168, p. 2012.

by Halsey, Stuart & Co.

Inc.

Nov. 23 offered $50,000,000 3%
due 1963 at 101.209 and interest.
on

The

issue

.received

at

was

the

22

on

a

bid

of

R.

of

and

Nov.

Nov.

office

of

company,

bids

Corp.,

Stanley & Co.,. 100.6799 for 3s;
100.53999 for 3s; Kuhn, Loeb & Co., 100.409

1.

1,

due

H.

Johnson

Ketcham

&

D.

&

Both

Chase

in

principal

National

Newark,

N.

and

Bank,
J.

1,

1963.

interest

New

York,

Interest

payable May 1at principal trust
at office or agency of

payable
or

debentures.

Any. such

of

A.

payment

may

be

made

each

in whole

year,

following
$1,000,000

or

in

part

The
not

debentures

less

than

30

will

be

days'

subject to redemption prior to maturity,
notice, (a) at the election of

published




on

the

loss

&

Edw.

600

&

Sons

1,500

J.

400

Inc.

also

been

record

'

■

1948—3 Mos.-^-1947

<-

^

*' *

-

*•'*'

r

1948—9 Mos.—1947

»•

'

•

•"

■ H

■

7 •

-

8,253,569

7,638,318

27,326,319

>1,181,509

1,053,950

3,4ei,723

3,321,371

$1,075,435

exps.

$1,488,537

$4,698,872

$5,065,946

—_

59,210

depletion-

40,062

207,650

169,167

$4,906,522

387,403

1,083,034

$5,235,113
1,231,269

329,636.

tax—

22,969,000

$1,528,649

„

$1,134,645
17,300

:45,600

104,300

114,975

292,250

395,311

1,406,500

1,393,936

$495,459

$700,334

$2,312,688

$2,355,933

927,305

927,305

927,305

$0.75

$2.49

$2.54

tax_„_

aband.

of

139,000

outstdg.

927,305

share

$0.53
1G8,

1258,

p.

1948

1947

1946

from

railway— $11,582,875 $10,633,709
railway—
2,680,096
2,523,857
oper. income
1,368,944
1,200,761
Jan.

1945

'.

$9,244,130

$8,478,198

1,898,674

733.851

'•>

964,909

852,754

1—

from

railway
107,643,320
Net from railway
23,486,016Net ry. oper. Income—
11,771,764
—V. 168, p. 1908.

95,635,886

83,620,703

92,811,216

21,729,715
10,062,012

13,802,890

22,784,826

5,868,829-

11,336,335

Reo Motors, Inc.—No Further Dividends This Year—•
Plans Expenditure of Several Million Dollars for Expan¬

sion—
The

of

| The

168,

150

next
of

board

meeting

30

June

31,

Jan.

on

that

announces

which

it

necessitates

not

further

further

no

for

dividends

would

dividend consideration

1949.

and

program

.in

only

and

Sept.

paid

30,

dividends

and

extra of 50 cents, or a
against $3 per share in 1947.
a
development program under

15

as

has

the .expenditure of several, npllkm
aifects its line/of -trucks but also

-diversification: of

2013.-

p.

that

during the year 1948,

1949
This

decided

22

March

on

each,

company

will-result

250

The

March

$2.37'/a

for

way

in

cents

of

■dollars.
>

Nov.

on

company

62Va

total

100

Co.il—

Staats

held

be

The

1,500

V.'V;

directors

paid this /year.

will

1,500

Stokes

Stokes

&

Strauss

S.

&

Co.

:

its

lawn

mower;-division.

«W

-

-

1

'

150

Co.—...
Co..

Stubbs, Smith &

200

&:

The

Co.—J,——.

E. W. Thomas and
G.

H.

Walker

Weeden

200

&

&

300

Co

200

Co.—..

Co.,

750
750

Inc..

Wheelock <fc Cummins. Inc.
Harold E. Wood & Co

100
100

150

Wurts, Dulles & Co
Wyatt, Neal & Waggoner..

600

200

—Registers With SEC—

Lombardo,
100

Thomas

Robinson Plywood & Timber Co., Everett, Washington

200

750

.

Co.—

SEC

company

GIVING

stock

F.

S.

EFFECT

(no

Yantis

&

150

Nov.

TO

stockholders.
from

one-half

58 shs.

$5,800

of

Fortson,

Wash.

-Earns.
1946

$804,454

$741,765

$713,162

383,414

333,661

301,822

55,484

36,133

35,112

45,000

45,000

41,873

78,800

75,777

20,293

18,882

3,313

4,056

3,851

59,100

63,000

67,300

$159,051

$165,255

$173,033

Dr 98

1

20

$158,953

$165,256

$173,053

36,750

——

taxes

taxes

security

taxes-

Capital

stock

Federal

income

72,476
'

taxes

18,325
Cr630

taxes

t *50,000,000

$65,000,000
:

the

1947

—

property

Excise

SUnlimited

with

1948

;

Real

*51,743,800

Conifer Timber Co.,

revenues

Depreciation

.

26,000,000
50,000,000

series due 1968—...

of

Sept. 30—

Social

—

stock

the

Maintenance

499,942 shs.

statement

Rochester & Lake Ontario Water Service Corp.

Operation

6,059,173 shs.) *146,205,800
20,000,000 shs.f

par)

registration

sale of the 105,000 shares will be added to working capital,
about $275,000 may be advanced to a new subsidiary to be
by it in making part payment of the option purchase price ef

Operating

^Outstanding

a

offered

the

used

200

Co., Inc.—

PRESENT. FINANCING

filed

17

<$l" par) common stock, of which 105.000
by company, and 166.025 shares by 15 selling
Underwriter, Blyth & Co., Inc. The company's proceeds
be

to

are

except

100

$15,645,650

1966

on

covering 271,025 shares

shares

200

First and ref. mtge. bonds:
3 Ya% series due 1965—

due

"

has

holders of

to

10

Reading Co.—Earnings—

be

Co

&

t

series

per

record
share,

$10,510,513 $10,220,855 $35,506,015 $31,356,407

_„-

October—

Gross

ry.

&

Lowber

Walter

pledged)

3»A%

cents per share

10

payable Jan.

stock,

——

per

Net

CP., Inc..;' ,100
Deane & Scribrter.- ' * 400
R.

and

stock (no par)—
Prior lien bonds (excludes

3»/4%

cents

of
per.
-

dividend of

•Net of related tax recoveries.—V.

1,000

200

com.

10

1947.

depletion

on

Earnings

100

($100 par) 7% cum. pfd. stk.
as to
series.—.

pref.

of

250

Co

Lomasney & Co.—

div.

dividend

extra

an

168, p.-2124.

gen.

profit
Capital shares

100

Singer,

1,500

Common

26,000,000
10,000,000

15,000.000

15,000,000

series

3%

8%

series due 1972———_——
series due 2037

*9,201,000

5%

series due 2037

*8,455,500

**18,195,600

50,000,000

Net

earnings

Other

7,537,800

18,195,600

income

—

50,000,000

6%

due

1970———

—.

15,000,000

—

!

:

deb. bonds due 1998
deb. bonds due

Unsecured

1%%

■;

1963-

bank

:

-

loans

10,

1948,

•Outstanding
Service

6,665,090
version

due

Sept.

of

value

par

7,462,900

-

18,000,000

stock

additional

shares

the $1.40

of

dividend

further

Interest

—V.

-

common

bonds

except

shares

stock

are

common

or

of

of

for
$1.40

stocks

provided

in

the

for

On

Nov.
and

con¬

stock.

ithe

by the terms of the first and

first

and

trustee

and

cancelled

and

On

Sept.

be

reissued,

$5,000,000 remain nominally issued.

**OutstandIng or issuable
interest-bearing certificates

in

perpetual

of New Jersey.

-

directors

regular

stock,

an

extra

dividend

of

dividend

30

cents

payable Dec. 20 to holders of
40 cents was paid and on

of
per

$1.70

share

record Dec.

June

12

an

per
on

10.

extra

With

cents.

cents
per

declared

quarterly

both

11, an extra of
each

share,

these payments and the three quarterly dividends
previously paid this year, the total for 1948 will be
with $2.25 in 1947.—V. 168, p. 51.

compared

(The) Ruberoid Co.—10% Stock Distribution—
The
$1.50

directors
per

The
per

22

to

Nov,
a

declared

23

10%

holders

stock
of

in lieu of fractional

cash

share,

on

share and

Dec.

payable
be issued

exchange for scrip or for 6%

of Public Service Corp.

20

30

$3.50

the

16

the

common

of

refunding mortgage.

cannot

receive bids for the purchase of $8,500,000 sinking
1963 up to 11 a.m. (EST) Dec. 6, at Room 1922,
York.—V. 168, p. 2013.
'•

Street, New

share

reserved

additional $15,000,000 of this series have been authenticated
delivered to the company
by the trustee, of which $10,000,000 have
to. the

$135,970

Ronson Art Metal Works, Inc.—Extra Dividend—

stock;

ttAn

surrendered

545

$128,429

of

dividend

common

company will
debentures due

Broad

15

of

as

212

168, p. 748.

fund

*The

and

36,750

173
250

etc

income

The

20,000,000

$51,743,800 prior lien bonds outstanding mature as follows;
$5,880,000 on Dec. 1, 1948, $34,382,800 in 1949. $9,298,000 in
1953,
$1,652,000 in 1954, $157,000 in 1955 and $374,000 in 1962.
§Unlimited

36,750

36

(Cr)

construct.

18,000,000

50,000,000

5.507,146

of

to

interest,

473

$122,640

charged

Rochester Telephone Corp.—Bids on Debentures—

preference

issuance

long-term debt—

on

Interest

Miscellaneous

principal amount.

and

"

Total

Net

or
issuable in
exchange for scrip
Corp. of New Jersey; 6,059,173 shares

common

tClosed for

or

15,000,000

10

2

—

UStated value,
Public

and

>

dated

June 15, 1948, and due March
15,
1949
——
Unsecured 2%-2y4% bank loans dated

and

,,

the

m*.

sub.'s plant

&
:

Authorized

been

redemption

•'/,

Reports,

1588.

(exel;; of

income

Year Ended

yprice.-;•

;i

from,
River.

r-

Co

CAPITALIZATION,

by delivery of debentures to the trustee not later than 40 days prior
sinking fund instalment due date at the sinking fund redemption
price thereof. Sinking fund money is to be applied to the redemption
.oil Nov.-l,pf debentures at the then applicable sinking-fund
to the

and

Gross

refunding mortgage.

the

prices,

of Census

from

Inc.

William

Nongard——.

Kormendi

preference
Nov.

Company is required to pay to the trustee on Oct. 25
commencing in 1949. an amount sufficient to retire on
Nov. 1, at the applicable
sinking fund redemption
of

Other

Delaware

stock, payable Dec. 15 to holders
dividends for 1948 to 50 cents

Sept. 30—

income

"Est.

100

Co

Shaughnessy

Nor¬

Johnson, Lane, Space
Co.,. Inc.
Kean, Taylor & Co

1950

100.68.

Morgan

3s.

Dated
•

Nov.

were:

State

Kerner,

100

Sept.

19*48;

^The First Boston
for

awarded
sale

debenture bonds

the

larger

southwest

600

Hughes
&

Rothschild

Stix

folk

3%

Public Service Electric & Gas Co.—Debentures
Offered
—A banking syndicate headed

Deprec,

600

3%
♦

at

Bureau

168, p.

declared

income

Federal

1,500

Inc.
Co,, Inc.

Schmertz & Co.,

300

—

Corp.

&

200

Co,——

Investment

in

saiesr

Income

Total

Net

Schmidt, Poole & Co
Scott, Horner & Mason, Inc.

150

Co.—

F.
C.

Unclassified

Operating
Operating

the

extends

total

common

profits

From

Co.—'..

Rollins

H.

R.

100

—.

$1.40

Oklahoma—Earnings—

Other

Robinscn-Humphrey

L.

1,500

Hannahs, Ballin & Lee—_
Harris, Hall & Co. (Inc.)
Ira Haupt & Co.—
Hayden, Stone & Co

Pfd. stk.

Public Service Co. of

Gross

400
E.

Greeri, Ellis & Anderson—
450
Gregory & Son, Inc..—1,000
G.

the

deprec. and
Sell., adm. &

100

600

New

291.

p.

States

of

Hudson River,

100

Bodine—
&

paid

as

sales-

of

250

f'r

,

.

&

have

common

regular quarterly

31,

Cost

1,500

Co.,

&

same

company

150

Co

&

Raffensperger,
.Co.,'Inc.
Rambo,
Close

300

200

Co....;

Dickson

S.

John

There- have been

.

of 5%

$162,406,734

250

Townsend,

<fc

&

Co.

Co.,

&

Fenn

Pollock

Putnam

150

...

Equitable Securities
Este & Co._—

Public Service Co^ of New Hampshire—Tq Issue Notes

short-term

at the
Camden

and

United

N©& isiilss i€Xcl ~of 'iiit/tJi*'""1 ^

Co.,

—

Pizzini

W.

Wm. E.

Charles H. Drew & Co.—250
Dreyfus & Co...
200

..

lea®t $4,000,000 from permanent financing, whichever41 shall (first
occur,
short-term notes, i.e.; notes
having a maturity of nine months or
less, up to a maximum amount (together with all other

New

Quaker State Oil Refining Corp. (& Subs.)—Earnings

<fc Christen-

Inc.

sen,

.

Inc.——

&

Detmer

a

The -company has asked 1 SEC;
permission!' to issue: r on renew from
time to time until Sopth.30,
1949,or until it ;shflli:rJiave ireceived 'at-

State,

above.—V.

brings

Period End.

100

Co.——

&

Palmer

S.

B.

Co

&

Henry Dahlberg & Co.—..

i

•

of

1825.

as

of

amount

200

Co.—.

&

Phelps,

Clark

DeHaven

1907.

O'Go.ra

the

This

1948.—V.

100

300

W.

Courts

and

secondary distribu¬
shares (no par) at $21.50

common

p.

early

as

Service

Co.

incorporated

30, 1948, $116,513,675, or about 72%,
operations and $45,893,059, or about

Trenton

Corp.

on

450

Co..
&

Oil

Dec.

1,500

Co.—.

&

O'Connell

Roger

—300

—

C. C. Collings and
Co., Inc.
& Co

of Indiana, Inc.—Secondary

Offering—Blyth & Co., Inc., made

Wells

E.

.

&

Miller & Co.

Peters, Writer

Crouter
'

Martin

Newbold's Son &

H.

Otis

1,000

...

Cooley

2012.

the

of

Net

Beane—__....

Republic Co. (Inc.)
1,000
City Securities Corp.15o

Coffin

credit, made

June

electric

1940

declared

'

_

Central

Clayton

p.

to

the

directors

The

:

Pierce, Fen-

Inc.

special

168,

&

ner

Inc.^

Moran

Milhous,

GOO

C. Bradford & Co.—

income

(contra

to

on

6.

the
:

150

Mason,

Branch, Cabell & Co.—

298,828

as

its

part

State

the

The

$100

McMaster Hutchinson & Co.

a

debentures

Coe

Merrill Lynch,

J.

taxes

expense).—V,

&

100

state

1

Mackall

Blair

$3,264,189

extraordinary reduction of $869,203 included
tBelng equivalent to reduction in Federal and

charge.
•

Public

were

from its gas operations.
served by the company includes most
populous sections of New Jersey and

more

Gulf

Dec.

000's

10o

Ashmun

S.

resulting from4 claiming as a deduction for tax purposes $2,175,225
<.of<cost of redemption
and
unamortized
debt- discount and expense
relating to first mortgage bonds 3%% series and 4%- sinking fund

"

predecessors

derived

jiortheastern

share

Omitted

Stockton

$2,929,946

$3,344,181

between

United Electric

and

Purolator Products, Inc.—Declares Extra Dividend—

100

Burr

510,000

common...

consolidated
Co.

Pure Oil Co.—Sells Interest in Venezeula Unit—

•

Bear, Stearns & Co.——

58,372

$3,333,227
403,281

and

merger

ended

from

territory
and

See

severally agreed

Company
Auchincloss, Parker & Redpath

-

pfd. stk.

on

for

have

Arthurs, Lestrange & Klima

1,286,871
138,561

62,982

$3,854,181

available

below

named

the respective amounts set opposite their names:

Halsey, Stuart & Co. Inc.$ll,350
Allison-Williams Company.
10o

$4,747,996

134,106

56,633

1950,

population of the area now served with both electricity and gas
approximately 2,877,000, that of the area served with electricity
alone
was
approximately 373,000, and that of the area served with,
gas alone was approximately 182,000.
—V. 168, p. 2012.

$314,000 $53,333,000

Omitted

869,203

.

——

.Provision for dividends
.Balance

179,998

exp,
■

-

1 ■r
income

: » ■*

and

—

charges

$5,583,466
1,183,946

in

total

between

expended

C.

$5,156,235
1,065,423

—_

were

According

.

purchase

———

Gross

of

months

12

across

of

program' as

be

will

$23,284,000

;

141,989

Provision

income),.

th«
Co¬

an

1882 and some of its gas predecessors

derived

the

1,539,000

.

$4,606,006

(other

1949, $983,000

the company is perpetual.
company's operating revenues in the

the

cities

16,975,000
$314,000

$34,475,000 $18,544,000

the

UNDERWRITERS—Underwriters
to

1,302,148
1,477,340
2,078,857

Taxes

627,000

stock.

,

$24,283,653 $20,829,115 $18,290,613
12,147,239
10,167,466
7,945,616
1,161,745
1,218,279
880,645

Maintenance
Provision

(& Subs.)—Earnings—

1948

of

Service

charter of

the

The

July 31, 1948, it is
July 31
and
Dec. 31, 1948, and the major portion of the balance of $30,049,000
will be expended during the year 1949.
The principal items in this
construction
program
are
the
new
Sewaren
generating
station on
which approximately $16,650,000
remained to be expended, and im¬
provements at the Camden coke plant on which approximately $3,850,000 remained to be expended as of July 31, 1948.
As of Nov.
1, 1948, estimated additions to the above construction
program, to be .authorized in 1949, amounted to $46,900,000.
The financing of this program is being provided for in part from
reserves
and -earnings
and in part from the proceeds of $50,000,000
2%-2 (4%
bank loans made 8ept. 10, 1948, due Sept; 10,
1950, and
from a portion of the proceeds of the debentures.
Further financing
will be necessary to provide part of the funds necessary to complete
the projects
covered by the construction program,
to repay on or
before maturity the remaining $38,000,000 of bank loans, and to pay
at maturity
$40,262,800 prior lien bonds that mature on or before
Nov. 1, 1949.- Such financing may be in the form, of securities senior
to the debentures and may be undertaken in part in the near future.
In the summer of 1948 the
company offered 200,000 shares of its
preferred stock
($100
par)
for
sale
at competitive bidding.
No
acceptable
bid
was
received.
Company
has
not
yet
determined
whether or not to proceed with the offering of shares of its preferred

In

position

6,788,000

598,000

production,

Public Service Gas

were

5,204,000

10,187,000
—

Total

we

bank loans

$5,204,000

the

as

Of

439,000

plant-

in

agreement

early

for

$29,176,000

439,000

plant
plant—

estimated

of

$7,182,416, after taking account of bank loans totaling $2,993,630.

Public

wAs

showed a book loss of $1,217,489 resulting from the dis¬
the Domestic Appliance Division assets.
Fortunately, we
will be able to carry this loss forward, on an income basis, to apply
as a tax credit against next year's earnings,
'
'
'
position

capitalization

of

operating public utility
purchase, distribution and sal®

Co.,

Total

Common

CjiRS'

f

BUSINESS—Company is

primarily

28%,

RiftptHe ""

$18,486,000 $10,690,000

Distribution
General

an

The

of July 31, 1948, the present con¬
additions and replacements) authorized
to approximately $53,333,000, applicable

Storage plant—

-and its subsidiaries, exclusive of the Domestic Appliance

mately $440,000 resulting from carry-back of a

addition,

plant

Transmission

the

debt

matures in

as

follows:

as
1

1948, the Domestic Appliance
of $826,224 after a tax credit.

$3,678,000

Some of the company's electric

*

Division, showed a net operating loss for the same period of $211,286
after a tax credit, which loss is materially less than we had expected
earlier in the year. The company and its subsidiaries, therefore, showed
a
total net operating loss of $1,037,510 after a tax credit of approxi¬

f

to

PROGRAM—As

uncompleted,
plant classifications

Production

of which

AND

Electric

to

company

(property
amounted

program

and

"For the nine months through Sept. 30,

The company

resources

include

not

long-term

Jersey.

to the

reimburse it for expenditures made
under its construction program for additions and replacements to its
utility plant and to provide for future similar expenditures.

1948

does

The

outstanding in the hands of the public amounted

electric energy and manufactured gas in the State of New
Jersey.
The company was incorporated in New Jersey July
25, 1924, pursuant

rata

Sept. 10, 1950.

cash

HISTORY

at

pro

amount

►

to $10,575,100,

engaged

on

Transport

$450,000 in 1951, $36,000 in 1954 and $5,428,100 in 1990.

estimated

In 1947, $1.32'/2

tabulation

Subsidiaries.

ordinated

the

of

1947
1946
1M5
tNet loss
$1,037,510
"$666,235
$585,235
*$904,135
•Net profit.
tAfter charges and taxes (in 1948 after a tax credit of
approximately $440,000 resulting from carry-back of a net operating

,

company's

proceeds from the sale of the debentures,
($50,340,000 exclusive of accrued interest and before deducting expenses

(& Subs.)—Earnings—

Pressed Steel Car Co., Inc.
9 Mos. End. Sept. 30—

Monday, November 29, 1948
NOTE—Above

or in part on any interest payment
prices, the initial price being 104.21 and
operation of the sinking fund, on Nov. 1 of
fund redemption prices,, the initial price being

interest.

PURPOSE—Out

155.

share in cash was also paid.—V. 168, p.

CHRONICLE

redemption

(b)

by
at sinking

year,
101.15 and

FINANCIAL

&

whole at any time

a

and

each

•1

Dec. 30, last year,

On

per

as

at regular

interest,

both

"WSS

COMMERCIAL

THE

(2230)

10

as

dividends

paid

a

year-end

dividend

record

on

Dec.

3.

dividend of
stock, both
certificates will

cash

the. capital

Scrip

shares.
or

payable

this

compared with $2.75 in 1947.—V.

year

will

total

168, p. 2013.

$3.25

>

Gross

1948—
1

income

The

3 Months
9 Months
$3,328,999 $10,051,231

r

—

900,049

stockholders—int. in subsid. cos.

$1,613,351
6,973

_

$1,606,378

1,226,450
709,157

provisions..:. $1,167,318
250,645
Sinking fund provision for St. Lawrence Corp.
125,040

$2,054,138
250,645
125,040

Income taxes

Net

2,513,400

—

profit after taxes

Minority com.

at

Mills pfd. stock-

on

St.

Lawrence Paper

tDivs.

on

St.

Lawrence Corp. pfd. stock

tNet

sinking fund

profit before

Sinking fund prov. for St. Lawrence Paper Mills

$791,633
shares

profit

non-recurring

♦Including

Other

form

revision

of

Other
Fed.

$2.40
cumulative
second
preferred
stock
of St. Lawrence Paper Mills Co., Ltd., and 264,401 shares of $2 cum.
conv.
pfd. stock and 256.271 shares of 75-cent cum. 2nd pfd. stock
St.

of

Lawrence

Corp., Ltd.
The St. Lawrence Paper Mills Co., Ltd.
at the close of the period 514,675 shares of com¬

tEqual
third

which

(of

to $2

quarter,

period.

513,168

share

per

and

to

St. Lawrence Corp.,

on

to $3.53

per

Lawrence Corp., Ltd.

owned by St.

were

cumulative
Provision

1948.—V. 168,

V

the

months

This

20.

ov.

An

extra

cents

in

*

dividend
to

30

1,504,000

1,844,950

$2,009,489

$2,240,055

$946,468

—1,043,700

1,043,700

1,093.400

695,800

$4.04

$1.50

$1.90

share.

$4.67

account

on

outstanding

by

cents per share

Dec.

of

paid
was

25

1947

and

65

&

of

cash

BALANCE

inventories

of

also

declared,

and

Current

Seaboard Air .Line
equipment
to

is

company

trust certificates,

mature

Bids

RR.—Bids

requesting

serially

in

15

bids

1946.—V.

series

equal

annual

351.

p.

Dec.

Dominion

U.

not in

in

common

SEPT.

excess

Packing

Corp.

Sharon Steel Corp.
Period End. Sept. 30—

Gross

income

and

excess

of

cost

purchase
dated

Sept. 30—

revenues

profits

interest

Other

income

Real

—:

_

of

Total

income

.

—

Jan,

1,

Issue—

$646,178

$593,971

229,440

197,332

38,770

37,562

70,000

70,000
87,732

16,758

15.936

14,750

3,967

4,852

4,263

$187,009

$183,085

1949,- and

*

755

1

9

$187,764

196,108

$183,086
195,552

$182,341
195,571

$8,344

.....

$12,465

deductions

.——

loss

168,

Weekly Output—

Prov.

476,516

334,764

465,302

depl. &

329,567

102.072

95,394

Amort,

52,573,661

972U05
2,036,051

830,019
35.02460.590

22,949

151,709

taxes.

1,861,000

883,000

4,238,000

3,133,000

$2,83G,500

$1,371,186

$6,614,231

outstdg..—

617,242

617,242

617,242

617,242

share.

$4.60

$2.22

$10.72

$7.71

of

1,318,603

amort.

utility

income

-

679,473

•

33,899. .i

Federal

&

state

Net

profit
shares

Com.

Earned
—V.

—

com.

per

1,915,028

' '

619,516

1,730,000

$3,923,863
$2,867,608
602,821 "
552,357

earnings

Other Income
Net

the

Shell Pipe Line

p.

1948—3 Mos.—1947
$575,183

1948—9 Mos.—1947

$707,696

$2,044,952

$1,737,989

paid by the corporation In these periode.—V.

were

1828.

135,585

1,507,802 ; 1,208,180
2,642,491 h 2,657,599

The

SEC

Quarter Ended July 31—

166,

income

,,

etc..:

1947

profit

Nov.

101,445

$727,019

$357,551

' $309,728

1,544.537

1,544,537

1,544,537

Earnings per common share..

$0.45

$0.21

$4,292,453

$3,549,607

168,

912,630

Pacific

Power

opcr.

income

1,536,805

27,037

22,386

310,463

305,175
194,407

198,390

30 950

19.847

3:-.8.644

294,941

21,000

38.700

302,113

298,666

income

$85,773

$86,952

$825,877

$754,253

(net)..

1,416

nm

7,471

4.295

$87,189

$86,893

$333,349

$758,549

19.604

11,553

167,035

110.371

Income

....

deductions

Preferred

15.773

16,868

___

....

income

Net

$3,384,247

accruals

t«.xes

Gross

1948—12 Mos.—1947

$3,818,897
1,843,409

...

amortization

Income

$323,934
140,235

Federal income taxes

Utility

$

$67,585

dividend

254,666,793

Roofing Co.—Earnings Good—De¬

Regular Dividends—Now Has

Million Dol¬

10 Months

$75,341

$666,314

requirements

$648,177

210,000

12 Months
Ended

Ended

earnings

after

charges

Dec.

$772,929

$589,817

and taxes—

31,'47

dividends of 31(4 cents per share on the pre"
ferred stock and 25 cents per share on the common stock have been
declared,! both payable Jan. 2 to holders of record Dec. 20, 1948. The
common
stock received four quarterly distributions of 25 cents each
during the current calendar year.
It is also announced that the company now has available through
its regular banking channels an aggregate total of over $1,000,000 in
normal unsecured credit.
As a result, the company does not plan to
continue after the end of the year, the present factoring arrangement
by which it obtains assistance in carrying its extensive accounts requarterly

usual

C6ivstbl6

Earnings
—P.

168,

applic, to
per
p.

com.

common

stock and

surplus

share—226,584

shares.._

$438,177

$2.01

$1.03

1734.

company's

sharp,

per

stockholders

on

Nov.

30

will

vote

capitalization from 300,000 shares of
shares of no par value class

no

B

on

par

changing
value

stock

to

the

class A

3,000,000

Operating

stock

Engineering
1735.

p.

K

of

presently




outstanding.—V.

168,

'

statement

registration

a

common

New

stock

.

with. the

.

$1)l Underwriter,

(par

will reimburse
company'^ organization

Proceeds

York.

purposes.

'

'

x

$802,448
'

39,451

77,513

taxes
income

—V.

income

44,000

'

582,681
817,382
686,OOq

682,112

70,498
40,000

'

"800.410
486,000

"

$97,716
1,448

Income

deductions

$110,658
1,762

$1,308,633
19,420

$1,484,490
42,938

$99,163

(net)_

$112,421

$1,328*053
77,240
$1,250,813
$2.09

$1,527,434
42,32»
$1,485,107
$2.48

*

16,620

—

4,050

$82,543

— —

income

168,

51,118

.

72,729
taxes.— '

Utility oper. income—

Gross

47,407

accruals

amortization—

Other

1948—12 Mos.—1947
$9,356,346 - $7,941,606
5,610.334
3,987,550
468,856
383,497

1948—Month—1947 ;
$684,958
471,033
365.276

'

„—_

reserve

and

$108,370

shares

2053.

p.

Steel Co.— Common Stock¬

Taylor-Wharton Iron &
of

Holders

stock

common

Wjiland

of

•>

notified that
buyers, desire to acquire" not

this

company

and Joseph

are

being

H. Hoodin, as
outstanding shares of this stock at a price of $34.75
amount equal to 10 cents per share to cover the
cost of the Ne# York State and Federal transfer tax stamps.' Subject
to. certain: conditions, the buyers; will be required
to purchase^ the
shares df a rbininlum of 56,668 shares is tendered. ' ' < t
^ W.i ■
In a letter* addressed to the common' stockholders the buyers state
less, than

56,668

share,

less

an

the present intention of the buyers to continue the busi¬
company in the event this offer is consummated.
pWsons having no connection with the directors or officers
of the company have indicated their willingness td accept this offer
and their intention to deposit approximately 20,000 shares with' the
is

the

-

there has been deposited
of New York, 11 Broad
Street, New York, N. Y., designated as agent for the buyers undei
this offer, irrevocable letters of credit issued by the First National
Bank,
Cincinnati,
Ohio,
aggregating $2,030,000 covering
the total
purchase for 56,668 shares at the rate of $34.75 per share plus an
additional amount equal to $1 per share payable at the closing date
to
brokers or dealers in securities who are members of
the NASD,

Electric Co.—Earnings1948—12 Mos.—1947
$3,836,435 $3,275,442 $13,237,132
2,633,981
2,281,434
9,451,4.01
8,234,0

and taxes

operating income
Other income (net)

$1,202,454

$994,008

7,220

13,093

income

$1,209,674
205,554

$997,115

$3,799,023
845,530

$1,004,120

$852,951

$3,064,674
19,025

$3,785,930

3,107

Gross

Int.

St

Net

deductions

other
Income

-V, 168,

p.

1945.

the

"For

the

whose

National

efforts

with this

—

,

$3,083,699
686,487

who desire

$2,397,212

shall

to accept the

been deposited

have

in

Con¬

offer may deposit

Directors Turn Down Offer—
Hanks, President of the company, and all other membersi' of
directors, in a letter to stockholders, announced on Nov". 23
have turned down the offer of $34.25 a share made by a
Cincinnati group for two-thirds of the company's stock.
Mr. .Hanks
and the members of the board represent owners of about 20% of the
R.

G.

the board of
that

they

outstanding

shares.

The consolidated net current assets alone amounted to
of

as

$34.71 a share

Oct.

1> and on the same date the book value was more
share, Mr. Hanks pointed out, adding that the offer

than

was
Joseph H. Hoodin, the prospective pur¬
chasers, for an unidentified group."--V. 168, P- 1405.

$60.33

a

"made

by Fred Weiland

and

Telephone Bond & Share Co.—Earnings—
Nine

Months

Net

Sept.

on

and taxes

for

73,106

and

dividend

347,087
29,828
$262,620

expense.

100,807

paid

surplu3 for period
BALANCE

$639,535

29,656

—>—

—

discount

345,188

$314,596

debt

preferred

Balance

.

$689,439

of

income

first

$712,641

76,211

—

debentures

Amortization

1947

1948

30—

$765,650

expenses

earnings

interest

7%

Ended

income

Operating

—

SHEET,

SEPT.

30,

100,807

$213,789

$161,813

1948

deferred charges, $382,-^
cash in banks, $729,708;'
interest receivable, $31,469.; dividends receiv¬

ASSETS—Investments (at cost),

$18,071,858;

320; due from subsidiary companies, $570,922;

deposits,

$5,122;

able, $4,371; total, $19,795,769.
LIABILITIES—7%
first
preferred
1

$4,917,400;

$2,953,493

shares

any

offer.

their stock
with the agent up to the close of business on Jan. 4, 1949 or such
later
date designed in writing by the buyers to the agent (but in
no event subsequent to the close of business on Jan.
17, 1949)."

special

144,164

of acquiring said shares,
Bank of the City

purpose

Chase

through
nection

1948—3 Mos.—1947

and

shares

$5 par value class A stock and 1,000,000 shares of $5 par value class B
stock.
It is proposed to issue six shares of the new stock in
exchange
for
each
class A
or
class
B
share

1804.

revenues^,

exps.

Net

authorized

t,

„

2163.

p.

Maintenance——

Net

Period End. Sept. 30—

Oper.

100,000

p.

of

Inc.,

Co.,

revenues

Operation

210,000

$456,314

Signal Oil & Gas Co.—Plans 6-for-l Split-Up—
The

filed

18

shares

&

Period End. Sept. 30—

Operating

Total

liabilities and overhead expenses have reached a
new low," James W. Mclntire,
Executive Vice-President and Treasurer,
stated
"Our program this -year to reduce costs and develop a tightly
controlled and
flexible operation have been most successful.
This,
together with an aggressively developing sales program, Places us in
a
very favorable position for 1949," he said.—V. 168, pp. 1735, 1404.

"The'

Southwestern Gas &
Balance

to $1.60

1948
„

1, 1963.—V. 168,

"Stockholders

lar Credit—

The

157,282

reserve

1947
$

1948

$

$0.18

,

Earnings—

$349,511

Ooeration

Other

Co

1948—Month—1947

Operating revenues

and

1947

6,226,987 284,989,326

2163.

p.

Southern States Iron

Net

General

6,254,689

.

Oct. 31,*48

Period End. Sept. 30—

Retir.

25 cents

previously paid

1947.

Nov.

on

Burnside

"it

$2,962,561

656.

Miirtenr.ncc

in

Tampa Electric Co.—Earnings—

of

$4,462,237

$208,283

2,155

outstanding

shares

Sierra

quarterly dividend of 50 cents
cents
per sharte Dec.
24 to

35

company

Privately—Harris,
Hall & Co. (Inc.) on Nov. 23 announced the private
placement of $2,500,000 3.10% serial notes for the com¬
pany.
The notes are due semi-annually Nov. 1, 1954 to

ness

1946

$355,396

;

-r~.

Sutherland Paper Co.—Notes Placed

that

$5,451,987
1,159,534

1948

earnings

clares Higher

p.

a

of

The

2.

for moneys used in connection with
acquisition of certain properties; corporate

182,356

1150.

168, p.

—V.'

1948

real

estate,

-Earnings—.

$531,595

charges and Fed. taxes

from

167,

paid in

company

E.

$4,279,8^1

Southern Ry.- -Estimated Gross Earnings—
Week End. Nov. 14
" Jan. 1 to Nov. 14
Period—•

Gross

195,424

after

Profit

^-V.

dividend

brings total payments

covering 999,993

223,670

$3,419,965
457,404

deducts.

$

Profit

Common

'■

,

Surety Oil Co., Ltd.—Registers With SEC—

$5,228,317

$3,865,136

oth.

.

Sheraton Corp. of America (& Subs.)-

Net

declared

22

Dec.

Fred

661,548

$4,526,684

income

Gross

Interest &

—V.

Corp.—Earnings—

...

dividends

..

"Certain

Net

Period End. Sept. 30—
income

..

quarter.

action

as

,,

;

agent.

168, p. 889.

No

Nov.

extra

record

each

,

Proposed Consolidation With Combustion
Co., Inc.—See that company above.—V. 168,

with

Net

-

an

of

above

same

per

; 68,977

■

$

Co.-»~beclares Larger and Extra Divs.—*

332,848
993,775
1,856,668

135,583
771,308

,"

income

1947-

*

holders Offered $34.75 per Share—

'

adjusts.—^

acquisition
.

<

290,000,000 203,000,000
'
$10.25
$7.£3

5,377,955
4,833,054

1,905,568

1,312,065

plant

; ."foxes, other than inc.—

1948

*

_

on

and

share

The

$21,675,545

$4,756,350

expense

for

63,756,765
» 1,338,329
2,432,744

from

1947

1948

$16,450,174 $13,979,991 $24,810,418
5,009,017
4,200,995
6,112,447
2,627,925
2,357,438
5,777,118
217,648
332,848
217,648
666,782
559,521
1,283,444

—

the au¬
$11,500,000

increasing

on

(estimated)—

Earnings per com. share—597,866.86

—Consolidated—

1947

1948

Operating revenue
purchased
Operation
Exploration and develop.

-Gas

$78,683,850 $63,635,538

exps.

;

directors

share

Net

Southern Natural Gas Co.—Earnings—
12 Mos. End. Sept. 30—

Deprec.,
>

The

stockholders

Income

A

;exp._

Sell., aclm. & gen.
Employee pension
Interest

this company

of

Maintenance

Deprec,,and amortiz..^.

Sept. 30—

earnings

Superheater

•

for the week ended Nov. 20, 1948,
totaled
3,000,000
kwh. as compared with 2,560,000 kwh., for the
corresponding week last year, an increase of 17.2% .—V. 168, p, 2163.
output

11

$21,500,000

(New Jersey)—Earnings—

—V. 168, p. 2163.

General

749.

p.

Jan.

to

$

consolidated

Federal

—V.

1

157,878

18,075,305

vote

$100)

to

2.500,000 shares from 1,500,000 shares.
designed to cover possible financing need's for expansion

9 Months Ended

Retir.

Net

Electric

•

21,309,938

will

(par

common

Standard Oil Cb.

$13,230

—.

-

Income
""

and sals., prop.

wages

stock

authdrized

The increase is

$182,332

security taxes....—__——

—

——...

Total

Manuf. costs,- inc. mats.,

taxes, etc., cxps._

preferred

the

and

104,094

taxes

Other income

J048—9 Mos.—1947

$27,409,587 $21,395,381

_

and

1946

$3,255,000

above.

208,084

16,817,500

company

1947

70,000
—112,442

——v..

property taxes........

Excise

(<& Subs.)—Earnings—

and

(not

1948

,

—Company Only—

^——

9,750,000

stockholders

common

thorized

market, $6,-

$676,726
238,039
48,511

;

t

1

Depreciation

$27,201,503 $21,237,503 $78,218,548 $63,300,774

Dividends,

13,435,193

3,250,000

period

for payment to

Maintenance

installments.

1948—3 Mos.—1947

or

accounts receivable

Treasury tax notes), $879,464; other accrued Federal,
taxes, $431,123; accrued payrolls and other accrued

S.

$607,990; provision

less discts.,

sales,

etc.

12,669,030

Earnings per share

1948

30,

provisions for Federal
taxes (after deducting $1,-

Southern Colorado Power Co.-

Deerfield

4,530,545

2,913,919

$930,169;

payable,

Operation

Seabrook Farms Co., Bridgeton, N. J.- -New NameSee

cur¬

local

and

Operating

stating the price (not less than 99% plus dividends) and the
rate (a multiple of '/»%) will be received up to noon (EST)
at the office of Willkie, Owen, Farr, Gallagher & Walton. 15
St., New York.—V. 168, p. 1804.

6

„

this

for

the same

South Bay Consolidated Water Co., Inc.—Earnings-

Witter

dividend
Broad

637,016

16,411,413
2,976,220

'

Equipment

be

in

postwar

Social

the

to

E.

exceeded

assets

share,

per

168,

on

for

4,517

17,199,575

through the four fiscal years ending Aug. 31, 1952.—V. 168, p. 2163;

$10,154,139

with

SHEET,

Net earnings

The

339,082

3,550,935

1948

30,

•

.

^ 1

Southwestern Public Service Co.—To Increase Stock—
The

Willis

2162.

p.

war

payment
contracts.

employees' pension trust
on
account of
past service, $209,829; capital stock (issued 500,000
shares without par value, less 3,000 shares held in treasury), $2,982,000;
consolidated surplus, $15,320,280; total, $21,360,856.—V. 168, p. 1908.

quarter.

Offered—Dean

extensions, etc.—V. 168,

"

JI

adversely affected by six-week strike,
tincludes approximately $685,000 subject to refund in whole or in part
in event of adverse rate decisions.—V.
168, p. 2163.

per

Investment

liabilities,

at $30.50 per share.
Proceeds will be
used to repay bank loans and to restore working capital
for

hi

3,250,000

deductions

•Earnings

per

State

(par $25)

used

Mos.—*1^47

1

'*

16,860,493' 16,406,896

62,011

Dividends

refunds of excess profits tax,
stock of fully owned subsidiary, art

600,000
per

record

Nov. 24 offered 15,913 shares of common

on

''v

3,485,215
65,720

4,729,497

(net)—

Net income

equity in underlying net assets as shown by subsidiary's books, $7,784;
real estate,
tools and machinery, and equipment (after depreciation
reserves
of $6,283,272), $6,520,530; total, $21,360,856.

Co., Blyth & Co., Inc., Elworthy & Co. and Schwaba-

cher & Co.
stock

'

3,330,927

•

income

Interest

amounted to
Government securities.

Sept.

on

compared

estimated

$74,613;

current),
$206,643;

6.

in

cents

1948—9

,»*•£.. ^

4,791,508
1,460,581

income

income

Total

Net

$2,722,115;

counts),

and

cents
of

each

bring payments this year to $1.10

Water Works—Stock

Jose

for partial

1947.

Year Ended

San

provision

$3,058,576.

were

$11,243,962,

_

cf renegotiation
shares.

assets

$5,225,976

liabilities

current

common

current

including

for

1945

354,447; prepaid and deferred items, $248,748;

Sept. 30,

holders

previously

cents

20

stockholders of record

15 to

declarations

above

against. 90

as

with

compares

year-end dividend of 25

payable Dec.
The

declared a quarterly
stock, payable Nov.

$2,848,978
57,560

ASSETS—Cash, $3,720,977; Government securities, $1,505,000;. current
and notes receivable (less $50,000 reserves for doubtful, ac¬

949 and 650.

capital

»

»

,

revenues—

oper.

Other

accounts

to $2,099,983 in the nine months ended

directors have
on

$3,744,055

313,975

CONSOLIDATED

Safway Steel Products, Inc.—25-Cent Extra Div.—
The

$3,720,964

'

*

■

1,397,500

LIABILITIES—Accounts

share

$2,763,259
85,719

$2,324,995

liabilities

rent

Paper

pp.

Net

1,972,567
563,834

223,927

Co.—Earnings—

1948—3 Mos.—1947
'

'

11

t57>905,639~ 49,485,992 t2l8,482,671 182,770,260
Operating
expenses—
47,437,107
40,917,575
179,444,489 145,705,682
Fed. taxes on income—
1,529,535
1,327,774
5,755,388
6,896,567
Other operating taxes_
4,209,500
3,755,428
16,422,301
13,761,115

1,676,700

Government

period of

5,608

the third quarter and

S.

497,000

Total

1948, there were retired through the
shares of $2.40 cumulative second preferred stock
Mills Co., Ltd., and 8,130 shares of 75-cent
second preferred stock of St. Lawrence Corp., Ltd.
for depreciation
and depletion amounted to $699,504 in

fund,

Lawrence

85,957

68,772

$4,393,695

deducting $223,937 in

$14,302,538,

NOTES—In the third quarter of

of-St.

$3,520,128

-

NOTE—Consolidated

■.

_

sinking
.

Operating

392,000

dividends

Ltd., common stock in

share -for the nine

common

U.

tOn

of

also had outstanding

stock

$3,635,007

Can. inc. taxes

♦After

mon

619,117

income

reorganization plans effective July 1„ 1948, and third
quarter dividends on new preferred stocks.
At Sept. 30, 1948, there
were outstanding 124,875 shares
of $6 cumulative first preferred stock
shares

2,324,496

$4,324,923

—

York.

1945

824,906

—C.

tEarns. per com.

under

119,267

1946

2,592,220

charges

Common

and

1947

831,572

exps..

—

.

-

2,982,012

income

and

Net

pulp-

charges

panies

New

$22,271,073 $21,692,217 $18,646,824 $17,306,627
14,132,566
14,640,084
12,183,083
12,006,968

opers

income

Inc.,

*

will be

stock

(& Subs.)—Earnings—

1948

sold.

admin,

Profit

Co.,

&

Southwestern Bell Telephone
Period End. Sept. 30—

with the SEC

The

$1).

(par

Willis

,

expenses

and

Gen.

to operations in third quarter of 1948, amounting to
tincludes payments made on old preferred issues of both com¬

wood

$144,339.

stock

(2231)

$2.88

from

$144,339

of

CHRONICLE

letter of notification

a

common

Sept. 30—

goods

Selling

582,593

$1.36

outstanding Sept. 30

share—

common

through

,

sales, less discts.

of

Cost

$1,678,453

582.593

surplus

Balance,

Number of common

shares of

Simonds Saw & Steel Co.

Total

Earnings per

17 filed

Nov.

on

par

9 Mos. End.
•Gross

Balance

tDivs.

FINANCIAL

E. Burnside
Proceeds will be added to working capital.

$3,989,745

258,705
180,355

offered

$4,008,430
18,685

before taxes
(estimated)

earnings

company

covering 299,000

6,958,47y
2,950,049

♦Net

&

Silver Diner Corp., New York—Files With SEC—

Subs.)—Earnings—

St. Lawrence Corp., Ltd. (&
Period Ended Sept. 30,

COMMERCIAL

THE

Number 4755

Volume 168

participating

$82,771';. class
$452,771;

class

A

common

B

common

'

cumulative
stock
($100 par),
cumulative stock (no par valuef,
stock " (issued 78,437.4 no par sharesh
stock ($1.00 par), $450,G00; funded debt

preferred

12

(2232)

lies?—held

THE

111

including $1,200,000 unissued,
$1,949,000/,
$9,205;000; due to subsidiary companies, #5,000; accounts payable,
$2,717; accrued interest, $153,417; accrued taxes, $33,714; reserves,
$1,712",540; capital surplus, $1,515,107; surplus reserved lor general
ccntixigenties, $225,000; earned surplus, $1,040,304; totals $19,795)769..
—-V. 1G8, p. 52.
treasury,

COMMERCIAL

Net

production-of crude

bailelr,
du -ed

in

in

N.

current

first

oil

and

period,

nine

FINANCIAL

ratio

of current

1948,—V.

assets

168.

with

compared

months of

last

capital expenditures during
L948 cmqiuited, Ui. $24,457,929.
'The

to

CHRONICLE

condensates amounted

Gross

Sept. 30,

Television & Film Productions Inc.

the

the

&

to

25,563,154

Monday, November 29, 1948

25,401,099

barrels

United-Carr Fastener

the

(Including

nine

months

ended

Sept; 30,

9 Months Ended

Net

liabilities

current

2.56

was

1

to

of

as

Total

The

for

company

share.

per

Proceeds

ture,

22 filed

Nov.

on

shares

198.000

of

Koeliner

Underwriter,

will

used

be

letter of

a

stock

common

for

notification

ipar.Sli,

&

Gunther,

Inc.,

production of television

with

feature

directors

The

cents

stock

shares

per

rate

of

The

stock

new

basis of

the

J.

E.

motion pic¬

Sept.

on

and

28

for each

will

(Del.)—Dividend, Etc.

made

three

stock

a

held

distribution

Nov,

on

of

Coates

continue his

duties

has

elected

been

General

as

Superintendent.—V.

paid

168,

Co.

York

New

has

352,

p.

Period End. Sept, 30—

been

("Operating expenses
Depr., deplet., canceled

1,069,759

Net

sales

Gross

Income

$1,206,614

$6,715,495

16,647

180.042

43,533

$2,250,089

$1,160,920
886,541

1,772,456

$1.04

$1.32

$3.08

and

oil

produced,

gas

Service

Period End. Sept. 30—
revenues

Operation

etc,,

and

2,268

revenues.

10,340

141,111

202,030

190.905

429,000

15,955

18,359

17,467-

42,100

13,300

221,641
555,000

•♦$30,223

•$5,279

$527,501

108,687

32,181

surtax

—

is

income

Net

$78,464

___

deductions

$67,658

168, p.

and

Textron
sell

of

$780,872

Granby,

connection

—V.

The

to

Beacon

The

168,

with

its

it

by

Textron

purchase of

Incorporated

the

has

assets

of

!

of

blanket
of

The

Tide Water Associated Oil
stockholders

Dec.

on

20

will

Esmond

year

Mills,

interest

in

proposal that

in

certain

oil

field

of

the

April

9 Mos. End, Sept. 30—
ol crude oil and

petroleum prod.
Cost
of
products
;

and

selling

j

sold

expenses-.

insurance

jL'rov. for depr. & deplet.
Amortiz.
of

G

1946

leasehold costs

$

originally

_

In

Rentals

824,994

Taxes,
Prov.

admin,

cost

authorized

of 'the

in

empl.
allowances

the

and

by

1,840-mile

proposal

income

the

the

for

712,494

4,359,734

26,096,097-15,953,215
845,986
23,942,083

94,088

pipeline

"to

the

for

wartime

amount

substitute"

.

3,1(50,155

of

$22,677,500.
168,

Inc.

tNet
for

8,683,000

28,723,243

Divs.

paid or declared:
On preferred stock...
On

shares

Earpings-

per

other

23 575,695

prior,
of

367,922

share

per

1948

on

a

other

1946

of
and

operations
not

credits

(exclusive
of

$1,671,074 in

net

income

.

13,583,969:

the

three

proportion of

as

was

period

$7,166,943

such

in

earnings applicable

30

television

share

Union
share

1948

quarter of
to the com-

$8,381,113, or $1.31 per share. In the
current
against $6,942,297, or $1.08 per
share, in last




be

to

year's

third
third

of

&

the

company's

expected
basis of

the

on

ceeds

will

ferred

two

and

applic.

stock

Corp.,

to

rights

used
and

to

to

plans.,

latter

National

share

per

profit

declared

the

Weeks

Net profit

and

Fund

Preferred

the

Union

Bond

& Carton

Endedr-4

——

Com. shares outstanding

Earnings
—V.

168,

per

p.

offering

American

stock

will,

it

Light, at not
This,

it

sales,

of

is

for

-•

of- the

company's

$6,750,000

company.

in

outstanding

per

stock

common

Continental

Gas

of

its

year.—V.

"I

:

.

common

&

pre¬

264

bank

debt,

168, p. 2164.

;

,

1948

.

.

1947

*$549,045

$96,755

share.—V. 158, p. 95.

INCOME

Co.—Earnings—

STATEMENT

after

all

returns,

30,

FOR

}

NINE

MONTHS

ENDED

1948 '

discounts,

excise

and

sales

—...

$28,655/536

income, net, inch foreign exchange losses of
$907,-/
applicable to Latin American currencies...^

Interest

Net

funded

on

Provision

4,089

income

Earnings

p.

168,

and

9

$15,216;798

share

common

Universal
proved—
,

L_k—1

$6.42
.

Laboratories, Inc.—Smico

-

,

'

Acquisition Ap^

•.

stockholders 'at a
special
meeting held Nov.
motion to cancel a transaction
through which ihis

8,100,000'

all

$3.65

the

Inc.

'

outstanding

stock of

common

22

rejected

a

"company acquired
Ink Co. of Illinois,

Sleight Metallic

from

Morris H.

Gotthilf, Chairman

The

$.74

on v

to,

quarterly

Virginia Electric & Power
Co.—Earnings—

.

Period End. Sept. 30—.

of'

10;

15

cents

Amort,

Fund

A;
share

per

1948—Month—1947
$4,299,489

_•

Other

255,810

3,8 9 3.87 6

3, 285,328

259,600

3,257.988

3 058,291

57,764

57,764

693,168

199,385

254,242

2.559,493

2

3,924,971

3 486:720

$7,962,128

$8,406,739

275,900

'V

J

taxes

;

acquis.

339,442

Union

on

1

.361.800

plant

1948—12 Mo'*- -1947

-

$3,083,499 $48,575,136 $43: 155,715
1.909,170
26.283,513
21, 273,678

2,454,994

adjustments.
'Federal iueome taxes...

cents'

19

of

'

Unipn Preferred

on

•

_•

Depreciation
all

share

per

revenues

Maintepance

;

dividends,

1488.

p.

,

•„

1947

share

per

168,

of America, Brooklyn, N;
Y.-r-rFiling—

company on Nov, 18 filed a letter of notification with the SEC
300,000 shares of common stock
(par lOci, to be offered at $1
share.
.Underwriter, Henry P. Rosenfeld & Co.. New "York.- Pro¬
ceeds will be used for
organizational expenses, additional equipment
and working
capital.' .',
*
•
:
"
1

r

quarter,.

quarter* of

of Universal,—V.

for

dividends

second

Video Corp.

per

amounted

this
the

to

cents

*

-

■

-

The

2,768,950

cents per share
on
Union Bond

B;

taxes.—11,624,657

10,608,098

third

Dec.

1,818,170

foreign income

"1628.

Operating

record

and

———

per

—V.

$28,659,625

indebtedness.;,"

for Federal

,

552,186

$3.12

equal

the

of

Electric'

Total

1,575",546

for

the

is

more

further

a
similar offering.
United Light & Railways will go
$26,000,000 15-year debentures, Pro¬

all

-

pay off the balance
rate of $1,560,000 a

a

Operating profit
Other

-

987,419

-

stock,

profit

the

in

of

and

296,597-

-

693,168
951,591

'

after charges

taxes

The

January

i-i——

;

Stock

Fund

year

55

A

1948

cents

Fund

of

in

72

-

Other

cents

and^

168, .p.

oper.

levenues.

income—net

57

,

Balance
Interest
Net

com.

89.

share

Corp.—Earnings—
•

.

—-

and

—

....

I

.

'

4.698

1,588

71,614

140;661

$648,720

amortiz...

$605,506

income

198,356

$7,890,514

$8,266,079

Balance

Average

Earnings

$452,528

$139,500

239,570

239.570

240,000

240,000

$0.29

$1.85

$0.54

$0.02

177,416

2,380,732

$471,319

.

$407,156

$5,509,782

for

no.

of

requirements.—.

common

$18,911

common

s

per share

of

1,447.355

stock

shares

,

$78,322

.......

loss

$6502117

*

1946.

Aug. 21,'48. Aug.-23,'47 Aug. 24/46
Aug. 25,'45
'

$610,203

per

cents.

67

1947);

cents.in 1947).—V,

on'the

$1.11

1947);
1947);

in

cents

cents

1947);

in

(74^ cents

B '(98

44

in

($1.47

Net

Preferred diviuend

12

of

of

taxes, 'transportation and
allowances.-—$431,930,181
of goods sold,
selling, admin, and general expenses
403,274,645

1,885,535
2,54S,516

1,100,000
6,600,000

ints__

following

on
the Union Bond Fund
the Union Bond Fund C
(.31

on

share

SEPT.

39,056,565)

2,031,000

.

«

Afte* deducting

The

share

cents

end

to

income

CONSOLIDATED

139,792,358

644,030

preferred

stock.

The

Bond

Union

on

the

71,442,961

...

total dividends for the
Common Stock Fund
(against
the

a
registration
offer to com¬

interest

Corp,—Earnings—

•Equivalent to $2.55

•

2,769.100

makes

on

(subsidiary).

about

United States Rubber-

677,459
8,347,264

•

2,027,103

to minority

stockholders cf

Union

on

stock

offerings

retire

holding

the

located

companies

Holdings of Traction

common

6 Months Ended June
30—

Net

4,025,951

expenses

convertible

have

one

invest

system

enable

United

Net

I

.

66,110,185

qxps

share

common

to

Co.

about

competitive sale

be

intermediate

station

9,119,613

of

Offer

company is expected to file
in January covering an

early

Traction

is

those

Cost,

132,434,063

for

Common Stock
Fund; 32
Fund; 19 cents per share

This

"inter¬

1948

the

SEC

arrear¬

subsidiaries

.

38,719,129

admin,

Union

per

Sept.

third

Light

from

$12, for each five shares of United
Light.
reported, will be followed in the
early spring by

agreed,

5,095,584

•

ended
the

the

rights

preferred dividend

than

for

-

1945.

266,669

1444.

•

652,993

outstanding

United Board
months'

with

/said
-

financing

been

^Disregarding

*

Rys.—To

that

with

stockholders

through

convenience

Union Trusteed; Funds,
Inc.—Declares Dividends—

,

on

$1.90'
of

160, p.

Operation

9,689,000"

$139,856 -in

10,070

earnings of

Light &

reported

American

cor¬

•

of

mon
,

Company, a
acquisition,

10,348,301

1

comparable basis was $2,206,320,
stock.—V. 168^ p. 1188.

per

from

is

statement

proposed,

of

yet

as

-

—

Bond Fund C.

in

plan

York

1———

$3,967,817.

was

1,424,678'

(Exclusive

United
It

key stations, .viz:',
KGO, San Francisco;...

i___-

opers.

preferred^ and

$.75

3,338,086"

revenue

158

.

—2121,432,769 130,767,635

$2,224,954.

740,196:
24,315,891

792,799

with

'

!'.

1948.—V.

in

future.

♦Excluding depreciation of $663,770 in 1948 and
$519,712 in 1947
absorbed in production costs.
(Reclassified.
r
F)or the, third quarter ended Sept.
25, 1948. the, consolidated^ net
profit after all charges was

' ' $1.88

transactions).

now

prior to

*

income

rentals

comtpon

4,157,926

:

the

public

the

Net-prpfit—;

$2.71

stock

Charter.

film

reserve

724,827
4,797,607

totaled $8,559,688, compared
I tst year; and the
f/uaiter

said

receipts-

bond discount

of

$4.40

products.

ion

and

The. directors
payable Dec. 20

12,843,050

572,195

interest
tdxes

•'

;

Stock

590,471

as

the

foreign assets..
Provision for Federal income
taxes—.

4,297,343:

NOTE—Above statement docs not include
the amounts collected for
Federal, State and municipal governments
(1948, $32,291,159; 1947
i-28,052,203) in the form of taxes on sales
of
gasoline,, lubricating oils
T ad other

3

Interest

3,315,852

C343,?ft5 in 1947, $622,569

Total

and

distrib., theatre

stock—

•Together
company

in

per com. share

common

Darnings

3,642,000

18,073,515

in

2054-.

p.

•Depreciation of fixed assets—
Contributions to employees' retirement

oper.

period—._

by

FPC

common

from

the

tl947

$3,162,024

169,081

p.

»

theatre

tenants

Participation
Film

j

8,380,000

*1948

charges

ages.
^Includes $177,033 dividends received
In Great Britain and
West Indies out of

was-

.

Trans-Continental

,

from

£75,000

^income .tax

•

and

Portion of net profit

Fed.

est.

1950,

.

income —If—
Amortization of' film costs

uncertainties

Provision

project,

required

are

Total

.

708,330

767,442

16,720,657'
235,667

185,568

Commission

_____

1,013,483

945,779

29,

for Trans-Continental
Commission said the "proposed

"adequate."—V.

Common

37,197,331

_

expense

Provision

,

5,353,558

36,251,552

—

Sept.

corporation,

operation

792,096

7,115,011,

Ron-operating income—

-

908,630
3,201,580

1,998,579

Operating income

Interest,

1,032,028
3,489,125

retire,

for

,

Delaware

a

rentals

Rents

1,810,406'

3,997.291

exps.

tax__

Income

.

corporation,

Provision

than" est.

income

for

Total

1,426,992

undeveloped

other

Federal

749,997

1,058,839

1,142,177

of

acreage
.General &

Minority

voting-Controlled Subsidiary Companies with the
Exception' of Foreign Subsidiaries, hot Wholly-Owned I
Weeks
Ended—,
'
Sept. 25,'48tSept. 27,"'47'

39

616,575,
13,867,329

2,285,567

»

after

$1,188,137

$1,618,236

—
....

'

147,179,131

prop-

erty retirements (net)

set

*

$

208,652,368 163,374,497 115,690,322
1.337,916
1,067,785
1,042,722
14,590,272
13,303,540
12,871,808

;

Dry hole losses &

sales

and

Corp/(& Subs.)—Earnings—

Months Ended June 30—■

Profit

(Including

1945

$

1948

'

;

increase

if

Dividends
1947

$9,072,201

depreciation of-$1,173,816 in

United Dye wood
6

Net

•

278,195,727 216,538,949 156,167,507
196,037,060

undevelop.

,

reserveMor

1947.—V. 168, p. 788.

the

Film

s

4.826,245

$10,291,014

...

-•After

Longview,

CONSOLIDATED INCOME STATEMENT

ACCOUNT

1943
•

''Sales

1,014,373

—5,581,946

^

Indies subsidiaries.

project,

1951.

1,

,

INCOME

81,044
1,220,768

1,014,373

,

in

827,521

1,220,768

value, $4 per share)....

surplus

with

i

CONSOLIDATED

577,135

169,384

(stated

Total

Between

com¬

properties

$525,115

526,379
1,026,214

income..

Trans-Continental

and
KECA, Los Angeles. The company's New
began operations on Aug. 10, last.
*

Inc.'

'*•

the

$9,072,201

$751,950

.

income
stock

forward

Co.—Proposed Expansion—
a

the

$10,291,014

-

;„2

on

Earned

its authorization

of

4

127,189

surplus

a

Communications-Commission. The terms have not
upon, Mr; Skoyras said.
The broadcasting-firm-owns-and
operates five
WJZ, New York; WENR, Chicago; WXYZ, Detroit;

Canadian

this

;

consider

Common

Spyros P. Skouras, President, on Nov. 23 disclosed that
this corppra-'
is
negotiating for the outright purchase of the American Broad¬
casting Co., Inc.„ including all of the latter's" radio and
television facili-'ties._ This transaction would, be subject .to the approval of the Federal

In

mills

the

.

The

Deferred

$3.88

Federal taxes

ticn

Swan-

,

pany purchase a working
the State of California.-

300,000

Inc.

*

245,811

;

expenses

$1,162,821

Co.,

415,535

,489,591

4

——

300,000

Twentieth Century-Fox Film
Corp.—Negotiating
Purchase of Broadcasting Firm—

arrauged
to
Canadian

earlier

Line

,157/563

697,116

2,654,189

(at cost"

value)

which has been reduced at

$62Q,381

Mills Ltd., a
Manufacturing Co.

company
operates
Ontario,
The
stock

Perth,

2164.

p.

that

Esmond

Pipe

assets

payable

Capital

of

.560,428

2,530.967
other

LIABILITIESAccounts

'

capacity

160,492

$863,978

Canadian

and

acquired

was

confirmed

of

Quebec

company

23

stock

C.

N.

rianoa,

Nov,

on

interests close

common

to

Total
«

$777,229

amended

1947

.321.886

1.976,522

(net)

'

$2.59

18

$3.28

1948
receivable

expenses

Accrued

necessity,

stock

Incorporated—To Sell Esmond Mills, Ltd^—

the

10,650

share—...

305,192

'$3.80

$2,186,407
accounts

Prepaid

-

Trans-Continental corporation's proposed
$192,177,500 financing
includes issuance of
$143,000,000 in 20-year 35/*'/o first mort¬
gage bonds, $26,500,000 in 5% debt
obligations to be converted into
■preferred stock in 1951, and
2,515,000 snares of (50cJ part common

162' r.

corporation

all

corporation,

863.000

,

Nov.

305,192
;

,

and

(nominal

2,036,471

553,000

-

274,673

$4,826,245

outstanding.,

.

notes

program

%

This

1,342.729
12,500

on

457*788

Inventories

$10,193;785

—

4.100,219
S5.10C.918

$5,581,946

30_

share.,

per

The

115,538

$18,545.

to

construction

$520,211,
260,66L

$979,516

8,358

shares

Investments and

1947

$1,000,699

4.879,060

"Property, plant end equipment

...

$1,180,674

__

surplus Sept.

Patepts

outstanding-,.—.

$191,310,154.
In authorizing

Texas'

193,013,

452,016 '

$26,903"

10.807

income

•Loss.—V.

_____

common

^

Cash

Trade

for

1487.

p.

517,189

CONSOLIDATED BALANCE
SHEET, SEPT. 30"

opinion

appears
••

168,

share

,

its

poration,

'

Gross

Capital

management
from

per

167,316

226,658

706.000

(est.)

$6,039,734

Earnings

retired

cents

1948.—V.

-—

completion

Estimated

112,727

17,130

the

been

37

—

per

ultimate

$3 269,854

9,848

income

Income

30,

that

had

11,794:439

182,100

dividends paid

Earned

amending the earlier order, the Commission
pointed
out
that the changes in the
proposed project would not alter the
Initial
daily delivery capacity of 325,000,000 cubic feet in
summerand 340,000,000 cubic feet
in winter, but would permit an

1, 823,998

__

and

Operating income
Other

$3,707,655

cents

5

1943

profit

eXtendcd
In

2,050,473

1—

normul

Nov.

operate

for

and

120,010

Deprec. and amorti?, of
utility plant
Fed.

end

stated

income

on

profit

ASSET&—-

13 als'o

12,704,969
249,185

.

1948—12 MOS.
—1,947'

$171,793

of

expenses-

Total

cents,

approximate

charges-.—.—,——_

shares

124,834

$15,002,928 $13,706,300

Company.
Net profit
substitution
of
30-inch
pipe was'
?$159,011
$305,368
Common shares
point
near
Opelousas,
outstanding...*...
:
Louisiana,
to139.000
139,000
Chester Junction, Pennsylvania. FPC
also authorized Trans-Continental
<' lEarnings per common share__._.__._^____.*_
$0.41
$1.46
to substitute
72,000 horsepower in 10 compressor stations for ; the
•Including domestic subsidiaries only,
tlncludes domestic, British,
160,000 horsepower In 15? stations as
and West
previously proposed.
Deadline

886,541

120,825

*.

General taxes

70

indebtedness

to

proposed facilities of
The
section of line where the
authorized
extends, from
a

$3.04

other

Bank

—

$10,614,074

167, p. 947.

and

$2,697,292
.

Net

natural gas transmission ays-.*:
extending from Texas to New York
City, by authorizing the
Compdny to substitute 30-inch pipe for 1,210 miles of 26-inch
pipe
previously quthoriked.
The Commission at the same time
authorized.
Trans-Continental Gas Pipe Line Corp. (Del.i to
acquire, construct

Co.—Earnings—

1948--Month—1947

$187,040

____

Maintenance

will

$13,581,466

Earned surplus Jan. 1;

?

semi-annual dividend

taxes

194?

*

25,443

1

Pointe

Morgan-

tern

500,000

,

(■Includes costs, general and administrative
expenses, lease rentals,
taxes, other than Federal income taxes,—V. • 168, p, 1637, •

Operating

Nov.

bank

given to Trans-Continental Gas
Texas, last May for construction

$3,199,560

$5,462,650

1,772,456

Texas Public

par

The Federal Power Commission

207/729

6,378

Mr.

Trans-Continental Gas Pipe Line Co., Inc.—FPC Au¬
Company to Substitute 1,210 Miles of 30-Inch
Pipe for 26-Inch Pipe Previously Authorized—Other
Ap¬
provals—

$2,991,831'

1,290,000

$1,844,250

crude

a

stock,

expected

which

1948

subsidiaries

deductions

Federal

thorized

988,750

$6,759,028

736

225,000

taxes

income

of

$1,386,656

839

405,000

...

La

Mr.

and

2054.

p.

declared

on

all

Subsidiaries)
1

•

$14,977,485

unconsolidated

income

"

that

Interest

Common

2,286,822.

,

1,610,659

Shares outstanding
Earnings per share
♦Sales

17

common

arc

from

goods sold and operating
Provision for depreciation,

Alexander

of

Dividend Increased

—

taxes

Minority

$6,267,403'

3,166,847

$2,233,442

„

charges

for Fed, inc.

Net

852,202

355,6,40

credits..

income

Income

Prov.

department

168,

....._L

Profit-after

;

;

565,763

operating income
Income

Vice-Presidents,

as

trust

share.

per

•

r

of

„

Nov.

on

year

fiscal

Net

lease¬

holds, and dry holes.

Other

the

election

6 Months Ended June 30—

1948—9 Mos.—1947

$2,414,456 $11,493,001

Cost

Trane C©> (& Subs.)—Earnings—

appointed trustee

Co.—Earnings—

New

Cash

the

the

Earnings

1948—3 Mos.—1947

$3,868,964

surrend.

Morgan

of

Mann, Secretary,

1626,

•

income—

and

charge

the

,

Trust

Texas Pacific Coal & Oil

oper.

B.

,

which

—V.

♦Gross

N. Y. City—Two

announces

Comptroller.—V.

announced

Net

Issue.—V,

In

on

cents

J/ R.

has

company

Manufacturers

the

Frank

as

earnings,

program.
for

8

was

has placed privately through Dil¬
lon Read & Co. Inc. $24,000,000 first mortgage
pipe line
bonds, 3%% series due 1962 (second series)., Proceeds
will be used in connection with company's
expansion
The

a

cents

.

vately—The

Co.,

payable Dec. 20 to
of record Nov. 30,
1948.
On June 21. last,
the corporation,
semi-annual dividend of 3 cents per share and an extra of
per share.
The total disbursed on the stock in the year 1947

holders

2

Texas Eastern Transmission Corp.—Bonds Placed Pri¬

♦

President,

Royalty Corp.

share

on

HewillJalso

168, p.

continue

The directors

12.

Vice-President.

a

and

continue

per

quarterly

S.

Pointe

Debt Paid—

4.10',e

Charles

Townsend,

Toklan

dividends of $1.02V2 per share on the lOQ.OOO
preferred stock, par $100, and of $1.06l/4 per share
on
the 100,000 shares of 4.25%
preferred stock, par $100, were also
declared, both payable Jan. 3 to holders of record Dec. 10, 1948.
shares

La

.will

23

share

new

one

usual

Trust

^

declared the regular quarterly dividend of
share on the 3,333,333 shares of outstanding common
payable Jam. 3 to holders of record Dec. 10.
This Is at
per share as was paid before the company sold 400,000

par $5

same

Nov.

on

&

Other

Barnard

production of short screen plays, working capital, etc,

Tennessee Gas Transmission Co.

the

N.

Guarantee

Vice-Presidents—

jSEC"
Sl.50

at

Newark,

,

^5

the

be offered

to

Title

,

Domestic

Sept. 30—

2054.

p.

Y.- -Files With

A

-

sales

Dividends

'

SEC—

Corp.—Earnings—

pro-

year.

common

2,063,978

$6,202,10
1,447,35

$4,062,427

$4,754h

2,944.7'.5

2,938,'!

outstanding
stock

NOTE—The financial statements
pro rata portion of. the reduction

(Continued

are

in
on

$1.38
after

restatement to

FeaeraL taxes
page

51)

on.

$1
reflect

income

f

oc<

Volume -168

Number 4755

-

<t4 r, ,«

WEEKLY VOLUME OF TRAUIfi

DAILY RANGE OF

FOR EVERY LISTED ISSUE

YEARLY MUSE OF SALE PRICES

$ per share

8 per share

5%

$ per

8 per share

July

110

78% Oct

14

Nov

24

3

100

Abbott Laboratories com—No par

%

Abraham & Straus—

May If
9

Acme

10%

43%

Apr

60

45% Feb

11

55% Jun

13 %

May

18%. Oct

14% Feb

11

23% May 15

Adams

May

55

Jan

40

Nov

9

46% Jan

Adams-Mills

40%

Oct

28% Feb

13

41% July 27

Feb

7 % Feb

10

19% Nov

27% May 15

Admiral Corp
Air Reduction

6

-

May

25%

Dec

100

Dec

75

19% Nov

26

Feb

99

Nov

10

Alabama

May 18

:

Dec

Alaska

Juneau

Aldens

Inc

5

58% Oct

Feb

37

Feb

10

76%

Nov

67

Nov

26

-75

May 13

27% Dec

•48 %

Feb

24% Feb 28

34

May 21

103% Sep

10%

,

Dec

164

202

Dec

37% May 15

81

Mar 24

27 'A Nov

-

Dec1

,

: Dec

11%

;

80
*31

.Jan

65%

77%

9

May

36

May

.

i

Feb

16

.10

23

68

.

Amerada Petroleum

9

;

-

Dec

70

3% May

~7%

;

Dec

Jun

36

9% Nov 22

10

6% Jun

76% Feb
163% Oct

18

Jun

Feb

28% Nov

26

Jan

77% Nov

26

100% Jan

Feb

Oct

56

19

Sep

May 21
Aug 23

39 % Nov

24

51

Feb

6
13

22% Jun

14

94

18%

Dec

24

Feb

88

Dec

102

Mar

86% Oct

25 % May

Jun

3
16

33% Feb

10

Oct

25

11

107'A Jun

3

Jan

25

Feb

26

.

Feb

46

Shoe

Co

103
--

*100%

2%

"

*100%

103

103

*100%

103

-2%

2%-

2%

-16%

16%

-

16%

Co

Can

15

5

Jan

2

49% May 21

Co

52

51%

siy*

70

*68%

26%

26%

*103%
95

104

*

'•

98

103 y4

8

% :: 8%
180'A

*18

98

.30

*29%

30 'A

30

28 %

178

29

..

3,300
•600

3,200

-

'•

104%

*95

8%

.

26

8%

*10%

28%

X27%

28%

120

8%

175%

18%

27%'

3.

700

•

176;

1,600'
300

18%

83 %

*83%

84%

300

28 y4

27%

28 V'a

27%,

27%

II,700

81

80%

79

80

79

79

*26%
3"%
*44
j
.93%
,
38 %
/;.€%..
48%

27
3%
49
93 %
38%
6%
49%

26%

27

26%

27

26%

26%

23
62%

*61'/a
35
.

82%

.

80

.

38

....

6%

6%

22
i"*60

.

•

►

22%

21%

61%

59%

*10%

10%

11%
34%

104%

104%

9

3%

30%
81

*44

1

'

-

:

■

'

37%,

:

.

37%

"1,600

6%

6%

34,900

47'%

48'/4

21%

21%

61

60

60

*60

61

47%
1

;• *•••>

'

;

3,900

1,600

89.V2

'

6% *

;

-

48%

■

1,900

22

21%

3,300
100

-

11%

10%

10%

*10%

11

800

33

33%

32%

34

2,800

*102%

104

104% /

104

103

400

8%
....

'

9'/a. '

8%

9%.

8%

8%

54,800

3%

3%

3%

3%

3%

3%

5,300

79

79%

172'/a

30'%

30 >A

"

171%

t

1

.

78

*1

*

-

173

172%

!."

•'

■

6,900

-

470

28%

*

*

29%
79

700

22

2,600

213/4

21%

21%

21%

22%

21%

*107'/8

1081/4

*107%

108 VA

*107'/a

108'A

*40%

41'%

40%

40%

39%

40'/8

*17

17%

*17%

17%

17

17

22

*16%

17 %

16%

16%

16%

86%

86»/2

*86'/a

87%

*86'%

38%

37'/a

37%

37%

97%

97%

97%

97%

108%

393/4

163A

16

16%

97'/a

*86%

1,700
200

700

16%

10

87%

37'A

38'A.

97

97

30'A

30 %

*5%

V

tl,

10

40

163/4

•

37%

97%

*107'%

87%

37%

6,700

„

81

81

783/4
173

77%

30%

29

81

81

81

79'/4

79

172%

29%

.

:

2,000

45%

'88%

37%
.

500

;

34%

*104

-

79%

173%

173

6%

*

;:

'

;

-

111,000

3%

3%

,

'.' '

-

-

26%

*26

3%
90

1,100

22'/a

33

9%

3%
X79'/8

.

28

28%

*83%

45 y2

'

37%

6%
48%

34%

85

89" •

38

6%
47

11

*44%

:

91%

-

•,

J

3%

3%
49

37%

-

49%

•

'

.3%
*44

29%

'

28

90.

48%

80%

53A

3,600

*

*

.

?31%

•/

■-

47—
92

38
'.
,

173% 173 %
30%
30%
*81
81%
21%
21%
107% 107 %
41%
41%
*17
17%
*16%
17%
*86%
87%
38%
38'A
98%
98%

,

.

92

*104
105
8%
8%
3%
3%

.

—3%

*3%
*45

-

35

*10%

:

10
American Crystal Sugar com
10
4%% prior preferred—,—100
American Cyanamld Co com
10
3%% conv preferred series A-100
American Distilling Co„
20

--

400

98

.180 y»

*17%

-

68%

104%

104

"8%

"

19

-

49%

25%

70
26 y4

*95

180

9

19

49%
67

51%

25%

104

*S5 '

95

.*8%

.

26%

26%

104

2%
50

*68%

70

700

13,200

2%

80J/a

.'.

Co

51%

*68%

2%

3

27 "a

No par

Colortype

"2%

2%

70%

82%

preferred—_No par

Chicle

2%

3

5,400

15'%

*69

70%

28%

Cable.—No par

&

*69

'

82%

——100

Chain

non-cum

71

80%

Fdry com—No par
preferred
_100

American

*69

28

28%
*79%

25

common

-71

2%

2%

2%
16

16

80%

*82%

;

No par

com—

preferred

American

15

94% Feb

43

2%

-

I,600

29 %

50

—

preferred
100
Broadcasting Co Inc
1
8c Radio Corp——:-l

American

May 18

r

20 'A Jun

13,500

30

conv

5%

Oct

48% July
118%

Dec

*

27

110

15% Nov
16
Feb

,

Cable

Amer

7%

21

5

26%

9,200

20

17%
20'.4

30

American Car &

3

.Aug

47%

Brake

7%

28

18% Mar

Feb

preferred

American

104% Jan

110

38% Dec

'

14

49% Jun

28%

May
20% May
105% July

101%

177

115%

94

6%

American

24

92% May 14

6

Sep

54%

May

;

4%

3

3

3% Nov

Feb

196%

,

common^.

conv

Amer

21

Mar

99

Dec

75%
166

Chemical/No par
1
preferred—_10C

Airlines

cum

Corp_—No par

American Bosch Corp class A—_ 1

111

18

19%

17%
20

30%
85%
28%

30
30

...

American Rank Note common—10
'

May 19

Nov

103

17%

18%

20%

*17%

,

14% May 14

26

Day

17%

{ *22%

,

43% May 15

9% Mar 17

110%. Nov

Agricultural

3%%

6% Sep

107%

Amer

American

Mar 22

29% July 13

9

'9

29%

20

*69

8%

5,200

29%

18%

*16

18%

/ 1,600

18%
40

46%

Thanksgiving

21 VB

*100%
.

46%

M8

CLOSED..,

30%'

28%

18

2%

5.900

*38%

EXCHANGE

40

20%

181— 183%

,

Mfg common_No par
preferred—:
100-

.cony,

Mar 22

,

r,.,...No par

Alpha Portland Cement.^
No par
Amalgamated Leather Co com—1
:;6% convertible preferred.^——50

2

May 21

52% Jun

10

Nov

32% Nov

3%%

3

Jan

.

Nov

18% Mar

Feb

50

.

121

58% Feb

Jan

17%

Dec

20

47

Mar

20% May

50

6% Oct

Apr

Dec

10

36

50% /Dec

34% May

Jun

6% May J 7

24

Nov

v

44

Allis-Chalmers

31% Oct 20

10

3% Nov

83% Feb

Feb:
Apr:

107:

98

18%

*39'

30%

30%

46%,

18 Ve

18%
42

3%

3

STOCK

1.800

84

*78

3y»

46

47 y4

18'%
*39%

30%-

30%-

84

3

3%

47%

.,

18%
42

*17%

.

Allied Stores Corp common__No par
4% preferred
;
noo

3

Jun

47%

18%

133% 183%

■

—

Allied Mills Co Inc
-

42% May 27

24

Nov

X25

91

24

Nov

79

Jan

8%
51'

.

Mar

7

11

35
.

Jan

50%

34% May 20

Feb

99%- Oct

5% May

,

26

25

42%, Oct

24%. May.

73

1 8

X27 % Nov

39% Mar

Jun

46 •,;

21% Jan 30

Allied

8%

.

Chemical & Dye__No par
Kid CO
—5

Allied

xl7% Nov

.105%.July'

30 % May

91,

Allen Industries Inc__^_„;_-„_«-^l

14

May 17

4

Feb

22%

;Jan

90
.

11% Jun

36%; Oct

18
May
29%. May
30

Apr 23

198

Mar, 3

xl71.

Nov

-

-

-May 24

96

2

8% Nov 26

12%. NOV

j

May

109

24

Mar

90

Apr

3'/a

Shares

66

65%

66

*78%

84

*78%

3%

-

47 y8

17

*16

84

3%

*39%

*69
71
2%
2%
t 51%
51%
*68%
70Va
26%
27
*103% 104%
*92
95

preferred
i
100
.Allegheny Corp common—
1
5%%
preferred A_—__i—100
$2.50'Pyiar conv preferred-No par
Allegheny Ludlum Steel Corp_No par
$4.50 cony preferred
No par
Allegheny 8s West Ry 6% gtd__100

23

44

Jan

104

•

-

31
18%
20%
103

'

5

4%%

56

90% Nov

*100%
2%

100
_10

t

.

65%

66%

66

S per share

t per jthare

t per share

-

4% May 15

2% Mar 15

Feb

5%

.

Nov

65

102% Aug

i

____l
No par

Ry—..
Mining;

Gold

>

Corp__lo

—

common

*78%

47
18%
42

___1

84

t per share

67%

66%

67%

47 •
18%
*39%
*30%
18
20 '/a

_10

T

Vickslrurg

4% May 20
21% May 21
80% Jun
2

25% May

.

8s

22

26

t per share

3%

„

14% Feb

the Week

67%

No par

„

Inc

31% .Jan

-

Sales for

Nov. 36

*3%

_1

Corp

Friday

Nov. 23

*78%

Express Co

,2% Nov

6%

2% May

108

5

Steel Co

Feb

Dec

16%

Feb

38%
112

Nov

3%

-

27

Thursday

Nov. 24

2.50

Addressograph-Multigraph

IOV2

30% May

Oct

Wednesday

Nov. 23

No pai
!

Co,.

Motors

ACF-Brill

1

6% Jan

Tuesday

Nov. 32

$ per share

Par

pec

38

Feb

1

SALE PRICES

Monday

Nov. 20

share

79% Jan

63% Oct

HIGH

:

Saturday

STOCK

EXCHANGE

Highest

Jan

87%

Jun

90

NEW YORK

Range since Jan. 1
Lowest

Highest

66%-May

LOW AND

STOCKS

Rang* for Previous
Year 1947

(

Stock Exchange

Stock Record «» New

Lowest

i

;

30%

32 %

31%

30%

30%

303/4

30

900
800

'

3% May

6%

7% May 20

Encaustic Tiling—

American

'5%
16%

1

13

Jun

17% July

14 Vb Mar 16

19% Oct

26

American European Secur—_No par

16

Dec

20% July

14% Sep

19

15

American

27

Apr

4% May 15

2

Dec

6%

Feb

1% Sep

20

86

Dec

115%

Jan

42% Nov

17

89% Jan

9

Dec

25%

Feb

6% Nov

16

14% Jun

24

Dec

101 %

Feb

Nov

16

77% Jan

12

7%
74%

37

,

Inc——40c

48

No par

0%
41%

No par

American Hawaiian SS

10

Co

42%

Apr

9%

Oct

4

Nov

9

Jun

46

Jun

25

53

20% Feb

11

26% May 20

American

Home Products

Nov

10

8% May 21

American

Ice

49

55

Jan

22% July
6
May

x34%

Jan

10%

Jan

90

6

.

Oct

13

Jan

5

Apr

16

92

10% Feb

11

15% Jun

14

88

106% Mar

Apr
9% May

Jan-13

14%

May
18% May
Dec

Nov

13% Jan

5

19

Jun

24

30%

12

102

-

5

Feb

18% Nov

9

26% Jun

3

116

95% Feb

Jan

27

Jun

108

9

American

6%

6%

Hide &

Locomotive

American

7%

< per share

**

18%

Jun

80

Dec

7%

28%

Nov

23

94% Jun

77

6% Feb

Feb

24% Mar

32% July

Dec

147

8% Dec

9

July

120% Oct

14

Feb

6"% Oct

22

14%

28% May

11

10

6

34% July

10

28

11% Jun

Feb

11

95% May 14

Feb

Dec

16%

Feb

Dec

129%

Feb

81

117%

Feb

71% Nov 26

86 % May 14

12% Feb

16% May 21

17

11% May
170

186

Dec

9% Aug

16%

Feb

t

22%

15% May

Co

Power

14

28

Oct

25

27

46

Apr

12

Amer Ship

11

68

May 27

12

Jun

42%

Oct

38

70%

Dec

Jan

27

12% Jan

9

176

163% Jun

11

Smelt

7%

Building Co

100

preferred

Dec

172

July

139

Mar 10

32

Dec

40

Mar

31

Mar 19

Dec

158

Jan

37

Feb

25% Feb

27

35% Jun

9

American

Steel

28% July

21% Nov

10

27

Apr

22

American

Stores

18

24% Jan

5

American

Stove Co

136%

25% May
23% Jun
21

29%

Jun

34

47%

May

116

17% Aug 18

20% May 25

Feb

147% Mar 17

158% Jun

10

Feb

54% Mar 29

68% Jan

5

60

Dec

120% Aug
8%

Dec

Dec

Oct

1

46% Feb

14

131

115% Nov
7
Feb

9
11

Jan

50%

Oct

34% Nov 26

110%

Feb

95

Jun

103 %

Feb

76% Mar 16

5% May
62

10%

35

5% Nov 26
Nov

51

16

30% Feb

11

Dec

30

Feb

10

Jan

25 % Oct

13

58% July

Apr
Dec

Apr

21

51

111% Mar

46% Jan

9%

Mar

Jan

38%

Nov

3% Jun

Apr

42

101% Nov
14%

Jan

69 %

May

30% May
36% Dec

30"

116% Mar 15

May

26%

68%

May 21

Oct

163% July

41% May
XI16% Oct

90

41

82%

Dec

7%

13

174%

Apr

135

34% Feb

Jan 26

140;

Feb

20

Oct

149% Jun
62

Dec

13% Oct

10

131% July 15

146%

May

.18%

Jan

Nov

125

24%

Dec

16
»

98

Feb

39%

Oct

For* footnote*




nag*

9

144

71% July

9

9

Jun

10

8% Apr

22

120

56"% July 28
104

,

Jun

2

112% July 28
8% Jun
67

24

May 19

41% May 27
2
45% Jun
38% Jan

5

Jun

11

107

3

60% Jun

18% Feb 11

36% Jun

16

14

20

46% Mar

Jan

6%

Sep

Mar

8

Mar 17

4% Mar

2

Nov

16

24
34

Apr

14

6% May 26
34% Jun

3

American
6%

Snuff Co

Co__—-

6%

American

7%

Tobacco

*13%

*18%

100
Corp common—14
:—
-100

18%'
*100

'

12%
*77

6%

6%
31%

31

*126%
7

7%
31%

34%

49

*47

49

6%

19%

*78

85

11%

*11%

12

31'4

17

100

18%

19

7,700

*97%

102%

*97%

101

100

HIGH SALE PRICES

7%

7%
81%

74 y4

71%

15

15 %

14%

15 Ye

14%.

*165

167%

167'/a

167'/a

.

6%

*6%

7

EXCHANGE

29

-

*127

6%

U0

7%

9,700

7%

Day

82%
•

81%

82

73

71 y2

72 y4

15%

14%

15

167'%

*167%

170

130

7

2,200

7

7

40

*39%

52%

54

*126

130

146 %
33

130

145%
33%
*126

1,300

700

39%

32 '/a

33%

1,500

29

1,300

40

146'/a

148

7%

6%

54%

54%

70

77

31'A

53%

40

7,700

.

128%

40

40

12%

31'A

,

*23%

54

Shares

thare

6%

CLOSED

Thanksgiving

23%

23%

*126

*7%

23%

24%

.33%

77

STOCK

23%

24%

147%

7

167%

7%

the Week

X12%

6%
31%

Sales for

f per

2,500
3,100

23,700

700

23%

240

40

52%

146%

53%

146%

147'/2

270

34'/a

1,200

333/4

34

•126

130

7,400

130

'

28%

28%

28

28%

27%

28'A

26

3,400

23%

23%

23%

23%

23%

23'/a

23%

1,500

14

13%

13%

*13%

14

13%

133/4

*13%

13%

400

*39 %

39 y2

39'/4

38

38'A

37 y4

37'/a

900

121'/a

*121'/a

19

*120

*18%

151%

39

*121'/a

124'/a

*18%

19

151%

151%

124 y8
19

151%

121%
18%

151

X25%

18%

19

150%

1513A

10O

122

500

18%
151

61%

61%

62%

60%

61%

59%

61'/a

60 y8

135% 135%

135%

136%

136 y2

*136%

137%

1363A

137%

65%
65%
*117
117%

117%

14,300

60%

135%

61%

7%

*79
*6%

*53%

56%

50

35%

Cable

No par

35
*33%

No par

128

6%
*30%

83'/a

65

65

65

117%

117%

99
89
6%

5

30%

128

7%

*95

20

6%
31

73'/a

-100

Co Inc

128

7%

30%

82%

8

7

7%

Mining

31

31

Nov. 25

77

7

75

40%

Corp com__12.§0
preferred
No par
Anderson, Clayton & Co
—214/s
Anderson-Prichard Oil Corp
10

77

7.

Friday
Nov,.26

Thursday
1 per share

13%

83%

7%

7%

$4

12%

75

39%

Anchor Hock Glass

No*'. 24

t per share

83%

7%

5

Wednesday

77
■

6%

7

31%

1,200

*16'A

19%

128

128

1,000

v

16 y8

31

31%

11%

18%

13%

77

7

11%

16%

100

13

7

4,300

6

85

17

1 per share

77%

1,000

19%

100

13

1,700
3,400

24%

6

*78

6'%

6
.

85

19

102%

24%

24%

24%

24%

*6%
*75

.

40%

Archer-Daniels-Midland

*47

6%
-

23%

25

Copper

49

24

6%

$ per share

13%
77%

$5 prior conv preferred
Anaconda Copper Mining

Andes

24%

40

preferred

A P W Products

4

*47

49

common—No par

Works Co Inc

&

4

*16%

151% 151%

.100

common—.—25
—

Wire

4

16%

^126
130
28%
29
22%
23

5

$4 conv prior preference-—No par
Amer Zinc Lead & Smelt com——1

Anaconda

4

*16%

40

Woolen

4

17

18%

124

preferred

Am Water

4

4%

11%

*120

preferred

383/8

11%

' *39

Tobacco

38

'11%

—100

Sumatra

383/4

*75

Refg common—100

American Viscose
5%

;_No par

——No par

American Tel 8c Tel Co
American

100

Foundries—No par

preferred

American

*33%

25

coin

preferred—

non-cum

American Sugar

7%

—No par

common—No par

& Refg

142

35% May 18

23%

*38

85
11%

7%
7%
84% 84%
75% 75'A
15 %
15%
*165
168
7
7
24%
24%
*40
41%
54'A
54%
146 % 146 %

$6 preferred

Am

4

38

39

*38%

Nov. 23

31%

8c Light

Sep

3

6% Nov

24

3,400

6 3/4

85

128

6%

43

44%

37%

Tuesday

*6%

43'A

7,100
2,300

6%

Nov. 23

*125

1

.

——No par

16% Feb

162% Nov

Feb

Amer

100

—

Molasses
News Co

46% Feb

13

Oct

48% May

34

No par
com.No par

com—No par
No par
$5 preferred
No par
Amer Rad 8c St San'y com—No par
7% preferred
_n00
American
Safety Razor
5
American Seating Co
No par

Feb

'

preferred

8

Feb

39%

7

Dec

6%

38'%

103

1%

39%

Monday

13
*76
6"%
31%

„

American

38%

$ per thare

Pdy Co com—No par
preferred
100

American

85

76%

*100

Amer Mach 8c

2

6% Feb

29

18%

1,100

1%

2

44%

6%

40%

39

LOW AND

American Metal Co Ltd

8% Jan

*16%

1

15%

39

6'/a

Saturday

Amer Machine & Metals

135% July

38%

6%

Nov. 28

35

9

42%

*6'/a

STOCK

10% May 27
July

42

6%

45%

44

48

6%

*11%

300

15%

15%

1%

2

1%

49

48%
6%
42%

*23%

Par

3.90%

:

'

*46%

*78

500

17

•

STOCKS

share

21% May 24

1%

*16%

17

15%

1%

5%

*16%

15%

49
24%

EXCHANGE

26

Jan

15%

Dec

S per

16%

15%

*47%

100

NEW YORK

xl2% Nov

Sep

101

x25% May
127

I per share

S per share

common

preferred

Lowest

Highest

16 %

15%

4%

100

preferred

non-cum

5%

18

4%

*6

5%

15%

*16%

1

No par

com

*5'%

5%

'

—1

com

American international Corp-No par
American Investment Co of 111
1

Range since Jan. 1
Highest

Year 1947

Co

*38

2

5%

50

Leather

preferred

conv

Range for Previous
Lowest

1%

No par

preferred A
$6 preferred

$7 2nd

July

7% Jan

*15 '/a

Foreign Power com—No par

preferred

$7

5% May

37

37% Jan 20

43 % May 17

Amer &

Export Lines

5%
17
15%

33%

26 %
102 %
*52% 53%

26
*101

,

39%

7

7

7'/a

38

39%

343A

*95

98

*95%

98

*95%

90

*78

86%

*82

86%

*82

6'/a

6

6%

6%

6%

54'%

54%

.*53

35%

35%

35

33 'A

34

33%

5%
*52

6,100
380

65

3,500
120

118

7%

2,700

38'A

16,000

98

86%

2,200

5%

670

54

56

52

53

35%

34%

35%

34

34%

33

33%

33%

34 Yu

1,410-

26

1,600

33%

•

•

26

26

13,600

25%

26%

25%

25%

25%

102'%

102 '/z

*101%

103 M»

*101%

52%

52%

*52

53'%

52

52

50%

51'A

400

23%

22%

23%

22%

223A

6,000

10 %

10

10%

23%

23

23%

10

*9

10

*9

27

*117

1173A

98

6%

*9
26

7

397/a

117%

64%

65

*80

23%

4%

117%

63%

*95

23

*4%

65

*4%
26%

4%
27

*4%
26%

*101%

103%

4%

4%

26%

26%

26%

10%

•4'A

4%
1

27

10

103

•

10%

400

1

.100

4%,

27%

.

1,300

•

14

(2234)

THE

COMMERCIAL

NEW
Range for Previous

$ per share

37%

Feb

24

Nov

26

109%

Feb

90

Feb

17

15%

Oct

130%

Jan

103

Dec

77 %

Jun

55

106

Sep 30

Jan

110

14

Sep

19

4V2%

10

56% Jun

29

99% Jun

14

Nov

9

14

Feb

5

Jan

10 %

17%

Dec

20%

Feb

Dec

132%

Feb

May

115% July 12
18% Jun
2
17% Aug

12% Mar 12

Feb

13%

Feb

16

Dec

134

Dec

25

Feb

94

Mar 12

34

Sep

26

Jan

5

Jan

84

Feb

11

.

66

May

x98

Dec

112

18%

10% May

106

96

Mar

3

Nov

24

Feb

45

Feb

24

Feb

25% Jan

6

77

Mar

Sep

Dec

30

Feb

Sep

Feb

9

113%
105

91

Dec

21

% May

57

Apr

73

Dec

121

111%

66

91

Aug

22% Mar

27%
12%

9

99

99

Oct

Jan

9

20

13

13

Dec

18%

Feb

17%

Dec

29%

Jan

Dec

27%

Jan

Nov

Feb

4% Feb

26

Feb

35% Jan

9 Vb

10

7%

114

22

15%

4% May
36%

Dec

49

12% Nov
xll

19

110%

119%

*14%

Atlas

191/4 Jan

26

Jun

lUll %

j4%

141'.

14

*13

14%

14%

102

110%

14%

14%

14%

98

*97

98%'

98%
30%

97)
30 %

102%

100%

101%

102

100%

101

101%

101V9

15%

*14%

*48

49

47

47%

series

A,.100

B

45

46 %

36%

*106%

37%

46

76

76%

76%

36%

36%

107

106

106%

36

95

2,4 jO

101%

102
101 Vb

700

14 VB

14%

1,300

48

48

1,800

45%

45%

6,400

76

*70

36%

105%

106

200

31V4

101V8

46 %

*70

106

98

30%

48%

45 %

76 %
36 %

459

14%

47"-

47

%

36 %

200

5,500

101 %

14

48 %

*72

36%

*72

'

13%
100

101

99%
101'/a

15

48

400

13%

*96

31%

600

14%

13 V4

97

120

108'4

*13*4

14%

97

101%

25

13%

31%

14%

100

108 >4
«1A

Day

100

101%

45

3.100

95

100

15%

1

48

31%

•

30%

31

300

47 Va

Thanksgiving

14 1',

13%

860

22,000

78

100

100

102%

series

*77

98%

100

19.200

75,8

90

lu^

13 Vb

13%

*13

14%
101

100

30%

RR—No par

95

95%

94%

95

94

20

20%

20

20%

20

20

20

2.0

54%

54%

55%

56

55

55

55 %

55%

*102%

104

103

102 Va

102 Va

20

*20%

94

94%

400

36%

106

100

7,900

76

36

106

——,—5

8,200

106

260

94

280

20

94

2,300

„

No par

100

preferred—..
Corp

*101%

No par

Canteen

*20

*102%

2!

20

y4

55%

102

22

5:;;,

5%

5%

5%

5 %

5%

5%

*13%

13%

*13%

14%

*13%

14%

*13%

13 >8

660

102'%

210

22

*20%

*5%

par

55

*5

100

5%

*13%

bud

13%

*8

8%

7%

8%

7%

7%

7 %

71/4

71/4

Amer—5

*12

12%

*12'%

12%

12%

12%

11%

12

*11%

11%

1

common—_3

Co

7

7%

x6%

6%

7

6%

6%

24,200

42%

42%

of

(The)

preferred.

conv

22%

X19%

———^.5c

,

Mfg Corp

104

*20

—No par

common

Co

$2.25

14

14%
102

109%

14%

*15%

prior pfd ($1.20)—No

Automatic
Avco

2

14%

*101%

common

Nichols

Autocar

8

7% Oct
46

Line

$3.75

Tack

Conv

10

*13

110%

110

15

24%

7%

95%

5

Shares

91

STOCK

47%

95

SS Lines common

prelerred

conv

Austin

May 21
Jan

conv

4%

16% May 21

9

7% Nov 26

I

Atlas Corp
Atlas Powder

16

CLOSED

47%

10

Preferred

81

Apr

24% Jan

19

5% Nov

Feb

Jun

64 %

EXCHANGE

96

5% ncn-cum preferred
Atlantic Refining common

25 % May 21
,

Sep 27

20

Jan

5% May

Feb

48% Aug 27

July
July

78%

100

5

4%

77%

com„100

W

May 22

79

47%

preferred

Coast

50% July 12

xl9% Nov 26

26% July

& Santa Fe

24

79

79 Ta

47

10

Atl

114

*79%

96

No par

Atlantic
&

80%

the Week

share

91

a

7%

95%

Inc_

G

25 %
91'

7%

47%

common—1

1

July 14

24%

90'2.

t per

for

Sales

Nov. 26

I per share

8

95%

preferred——.

non-cum

F

25 ''4
91 %

7%

8

47

Investment Co

Topeka

T

25

91

*80

100

A

25%
91

7%

47%

2nd

5%

3

25 Vb
91

8

95%

_

78 % Mar

21

102

Jan

2
24

25"%
91

7%

No par

Goods

Friday

Nov. 25

47%

Corp

Carpet Co Inc—.

Thursday

Nov. 24

$ per share

25%

100

Atch

Wednesday

$ per share

*94%

1st preferred—.

Associates

$ pet share

No par

7%

9

SALE PRICES

Nov. 23

No par

conv—

Dry

HIGH

Tuesday

r

91

5

No par

com

48 % Nov

10

40

62

10
com

prior preferred—

Constable

$ pef share

100

Illinois

6%

11

19 % Jun

59

Nov

Jun

14

34%

62

July

35

Feb

23% Jun

3lVa Apr

Nov.i'i

LOW AND

com

of

preferred

Artloom

May 10

120% Sep
107% Jun

40% May

105

Monday

Nov. 20

,

preferred:

Co

Associated

May 27

Feb

99

$4

Arnold

9

19

111

12% Mar 16
100

'

99

Saturday

Monday, November 29, 1948

RECORD

STOCK

Armstrong Cork Co
$3.75 preferred

*

99

&

$6 conv

11

Jan

Corp

conv

Armour

9

41% Feb

Feb

Steel

Armco

25

15% May 19

88

Jan

Dec

YORK

Par

32% Oct 23
101% Jun

7% Nov 26

103

38%
91*4

CHRONICLE

STOCK

Exchange

g per share

$ per share

May

99

NEW

Highest

9% May

24% May

Jan. 1

Range since
Lowest

Highest

I per share

YORK

FINANCIAL

STOCKS

Year 1947

Lowest

&

7

6%

7

7%

1,500

No par

43%

43%

_1

*13%

13%

13%

13%

13%

13%

13%

13%

13%

137 b

13

12%

12%

12%

12%

12%

13

12%

12%

12

12'/4

9 900

100

11%

11%

11%

11%

11%

11%

10%

11%

11

111/4

22,400

23V*

23%

21%

*42

42

43

42%

42

42

<ud!

B
13

Dec

16

13%

Dec

24%

11

16% Jun

3

Babbitt

12

Feb

26

17% Jun

3

Baldwin

Nov

7% May

16%

Feb

10

11 % May

25%

Feb

15% Feb

9% May
60

Jan

42 %
18

Dec

May

Mar 16

16% July 13

Barber

Oil

Barker

Brothers

Sep 28

20 % Apr

9

Dec

54%

Jain

36% Nov

23

45

20%

Apr

39%

Dec

31

Feb

11

44% May

8%

Dec

19%

Feb

9

Nov

10

18

Jun

83*% Dec
17%
96%

Dec
Dec

5% May
29

Dec

24%

Nov

'62

Jan

Jan

40

Feb

Nov

26

31

Feb

13

23 % Jan
2
43% May 15

17

90

16% Mar TO

17% Sep
21% May
77% Dec

39%

Feb

25% NOV

8

Beck

42%

42%

42

42

*41%

42

700

*21%

22%

20%

21

21

bud

OH

16

Nov

&

26

Feb

11

38% Jun

9

12% Nov

10

21% Jan

2

21

Nov

3

70

Nov

26

Bendix

89% Nov 17
23% Feb

14

Oct

25

Feb

17

27

39% Oct

125
27

Jan

9

Mar 16

37% May 15
14% Jan 14

Range since Jan.

Highest

25

May
12% May

36

Lowest

May
28% May
14% May

18%

28

Feb

xl3

Feb
Nov

24

Dec

41% July
24'/8 Oct

Feb

13% Nov

11

24

Nov

23

116

Dec

Foods

Black

Si

—

Steel

Bohh

66

Sep

88

2

96

Jan

33 % Mar 18

6% Nov
39

Nov

22

71

25% Marl6
25% Nov

13

Apr

92 % Oct

4

Feb

15% Mar 16
9

Nov

27

Feb

26

Dec

Apr

90% Feb

13

20% Dec

27%

Feb

17% Feb

14

101% Apr
23% Sep

26

Jan

May
:

Dec

80

.

Nov

15

Dec

120

Nov

9

Sep 28

•

12 Vb
,

Feb'

Co

Inc

Bucyrus-Erie Co
7%

Budd
$5

3

,

4%
preferred
3%% conv 2nd

12% Feb

13

7 % Nov

10

Feb

79

Jan

27%

Oct

Mar 16

9% Nov 26

17% Jun
10% July
108

Sep

76

89

Bush

9

16

4% May 18
27% July 14

Mar 17

98% Jan
23% Feb

15
11

Jan

105

July

35 % Jun

27% Mar 17

.Byers
7%

54 %

5

3%

Feb

1% Mar 12

8%

Feb

5% Nov 23

17%

3

Feb

23

Nov

16

9% Nov 10
101% Nov
4

Dec

48% Feb

38% Feb

Dec

25%

Feb

14% Mar 16

xl9

May

15%

Feb

% May 26

10

Mar

4

19

Vs May 14

38

Mar

1

47% May 19

Feb

47% Dec
see

page

24.




11

119

Jun

44'

2

May 14

•«

Shares

share

♦28 %

29%

400

13%

13 Va

1.100

IV'

10%

11

10'%

10%

10

10%

STOCK

10

101/4

4,300

13%

EXCHANGE

14

*13%
*41

21%

20

14

13%

44

%

40

20%

20

24%

24

24

24%

Day

61

62V4

34 Va

34%

320

18%

18%

18 Va

18 Vb

181/4

18%

18%

5,400

40%

40%

41'%

39%

40%

39

39%

4.200

55%

56

55%

56 %

54 VB

55 '%

54%

5,600

-*

89%

2V4

2%

2

35%

*35

*86
2

35%

35

6 %

89%
3'4

39

6%

8

35

*26

8%

35,

6%

6%

39

%

2 Vb

35

6%

*86

89%

,*2%

35 %

6%
"

*86

2%

8%

*26

8%

26

95

*92%

95

*92%;

19%

19%

19 Va

19 %

9%

9»/4

9 %

9 %

30 %
'

20%

5

15%
*121

100

'

31%

*31

31

31%

3,000

8%

27

92 Va

*31

1,700

35

29 Va

4

9 Vb1

6%
,

8%

26 3

xl8 Vb

500

35%

29 Vs
*26

9%

*31

8%.,
2.9 Va'

600

21%

*30

28

*

19

9 Vb

%

29 Ve

510

89 Va

V4

6%

x27 VB

95

19

6%

34%

8%

27

53

*86 Va

f

6%

34%

27

*94

1,300

Thanksgiving

26%

15

4,900

62

27

par

20%

25

27

*

700

20%

34

29%-

*92%

„

61 %

29%

___i

13%
44

33 V2

29%

100

20%

24 V4

Va

*41 Vb

63

62

29%

_2.50

13

CLOSED

44

33%

2%

40

*8%

25%,

13%
*41

44

20 VB

40%

56%

*

13%

*41

21%

*32%

89%

6%

3,500

1,900

27

1,300

27

27»/a

3,600

95

94

94

18%

18

18%

9 Vs

9

9 VB

Va

50

3.300

.J

3,500

31%

*30

96

96

96

94

95

92%

92%

*92

20%

20 %

20%

20%

20%

20%

20%

20

20%

2,800

15 %

15

15%

9,500

15%'

15 Va

122

*121

No par

8%

8%

69 VB

69%

8%
69

15%

15 VB

122

121

9

8 %

69

'

15%

15

121

*120

8%

8%

69

G9

68%

122

30%

.

95

*120%

8%

122

'

•

170

60

8%

81/2

8,900

69

67%

68 Va

290

*30%

:

5

*32

32%

32

32

31

31

85%

*30%

*83%

86

85

85

85

85

*14

No par

32%

*83

pfd—100

83%

83%

800

14%

*14

14%

13%

14

14

14'%

38

14V4

14%

800

*37%

38%

*37%

38%

36%

37%

36%

36'/4

GOO

17%

18%

17%

*37%

18 %

17%

17%

100

*86

38

86

86

86

*86 Va

100

*79%

81%

*79%

80%

80

80

*

100

*80

83

*80

83

*80

83

*80

14%

par

86

14%

8

8

preferred—100

100

_15

10

lOVa

„100

79

14%

100

79

5

*3%

No par

*21%

100

*99%

No par

;

for

the Week

13%

•56%

1

26%

<•

14 Vb

14%

7%

7%

*ioo%

.

100%

9%

7%
101

10

14%

79 Va

13%

7%

17%
88

22.

83

14%

13%

7%
100 Va

550

9%

2,800

9%

9%

9%

78%

78%

78%

3%

26

9%
79
'

3%

3%

3%

20 Va

21

19%

20 %

'l9»/4

99 %

99%

99

99%

*25%

26%

3,900

7%

100%

3%

26%

26

26

v

14

7%
100 Va

9%

21%

80

300

83

7%

78%

100

12,400

79%

100%

101

3 %'

*21

18

200

88 "2

*80

78%

100

26%

*87 Va
78

3 %

100

'

17%

'

80

78 %

3%

32

99
*26

H

80
37'a

2,300

70

2.100

20

1,200

99

280

26%

500

\

•

common

I per

Sales

29'/a

301/4

!

Nov. 26

I per share

13'/a

29%

-

Friday

Nov. 25

$ per share
29%

*29

29%

preferred-j.

Thursday

Nov. Zl

14

*85

2_No par

__—

PRICES

Wednesday

$ per share

29 %

No par
50

■

i.

Copper^

*35%

—No par

53

■

35 %

35%

*35%

36

52'%

52%

*52

53

1%

5

.

36%

*52

.■

1

Canadian Breweries Ltd—No par
Canadian Pacific Ry—25
.

i

30 V*

Zinc-L,ead J

Mills

2,000

HIGH SALE

30

25%

Campbell W <fc C Fdy
_Nopar
Can Dry Ginger Ale com—1.66%
$4.25 eonv
preferred—_No par
Canada Southern Ry Co—
—100

Cannon

9%

29 V8

common

Calumet & Hecla Cons

15% May 21

Dec

38

9 Vb

30%

Co

c

9 %'

29 Va

participating preferred

•'

1,100

9

13%

44

r5

preferred
Copper & Zinc
Co (A M) common

Callahan

8% May 21
31% May 7

110

For footnotes

-

400

28%

13%

1

California Packing
5%
preferred

Sep 15
May 17

33%

135%

28%

29

14

.*—100

common

Jackson

32%
135'%

29 %

9%

*9%

$ per share

34

135%

29

135%

137

13%

21%

_No par

i

Bldg 7%

Bros

Byron

40% Jun" 15

Jan

•

132

9%

40%

4%%
Butte

16

52

Term

Butler

9

Dec

Oct

%

33

29%

29

40%

Burroughs 'Adding Machine—No

2

Sep 27
2% Mar 17

preferred

34 %

33%
*135

29%

18%

Bush Terminal

Jan

34%

28,400

34%
134%

29%

18%

1

17

:
34%
X55

3„>Od

18%

3

15% Jun

Feb

22% Oct

281/4

29

18

3%*%

104

28

13%

Burlington Mills, Corp c6mmon__rl

6

Jan

29%

29

;_No par

3

6

28%

T-1

J.

preferred

18

108%

29%

62%

,

Jan

Dec

28%

34

common-.

Jun

Dec.

29 %

25

preferred —J
(The) Co common.^

'Jun

Jan

1,200

33

—J;

preferred

88

Dec.

33% Nov

Shoe

$3.60

100!

24%

200

25%

62%

Brunswick-Balke-Collender —No

13

10

92 Va

25%

:_No par

Blgelow,

26

88

IM?2

Si

Mar 31

Dec

*90 V4

62%

common

Apr

Jun

18..

Co

Nov

May

90 "2

26%

—No par

Stratton

81

6

6% May
21 % May
•12% May

&

300

90%
26 Va

34%

*

Manufacturing

78

11

34

9

*70

Nov. 'iH

*34%

77

16% Jan

10,400

91%

134%

*41

Roller

Jan

97

331/4

27 Vb

Tuesday

*2%

Mar

72

24% Apr
51% Dec
1 % Dec

i

Buff Niag El Corp 3.60%
Bullard Co
_i
Bulova Watch Co Inc

95%

32

27%

Nov. 'l:i

(assented )_100

2\

24% Jun

33%

*90'%

25 VB

Buffalo Forge Co

16% Mar 16

32%

90%

62%

common

RR

15

22%

May

Maine

Brown

21% May 15
43% Jun
1

19

&

July 12

90% Jun

33%

97%

27%

—15

Jun

100

33

34

!

75

14

1,400

16
*94

10%

5

Inc

40

24

1.500

16

16%
97%

13%

No par

Mar 30

20

11%

11%

*16

*94%

Monday

*28%

1

Brass

Nov

104%

34%
137

t per Share

A-——'-No par

65

291/4 Feb

13% May
94% May

class

31

13% Nov 23

3

&

Feb

78% Aug 11

79

Par

common-

Feb

Feb

12% May

Co

Brown

24% May 17
124% July 2
11% May 15

Apr

Jun

new

14%

Feb

12 VB

16%

Nov. 20

•

86%

Feb

33%

12

700

97%

16 Va

*95

Saturday
,

preferred
Brooklyn Uni6n Gasj

5

38% Feb

May

par

STOCK

37% Nov

8

12 V'8

12 '/a

16%

LOW AND

3%%

99
Aug 11
23% Nov
1

23%

84

9%

B

Bristol-Myers

17

102%

80

9'%

Briggs

July 26

33 Vb Aug

Dec

Dec

29%

Briggs

27

May
May

29%

Co- (The)—

Bower

10

14% May
14

*134 %

Beating Co
5
Braniff Airways Inc
L
——2.50
Brewing Corp of America
^
15
Bridgeport Brass Co^
—No par

25

26

80

34%

100
.—No par

Borg-Warner Corp
3%% preferred

34% May 18
37% Jun
2

Feb
Jan

28%

% May

Feb

Co

Stores

Boston

11% May 15
36% Jun
9

36%
106%

25

Jun

Nov 12.
x27% Mar 17*

15% Dec

69

9

10% May 18

8.

31%

20%

90%
*27

28%

,

Decker Mfg Co
No par
Co —————No par

Ami

Class

% July 13

42

10

63

125

Bon

May 24
5% May 15

1% Aug 26

25% Jun

Jan

32%

29

Carpet

Aluminum

11

9

28%

com—No par

Bliss & La-ughlin Inc——a
2.50
Bloomingdale Brothers—No par
Boeing Airplane Co
_5

42% Feb

'13% May

1

—

(Del)

YORK

(E W)

Oct

120

of

ser

Blaw-Knox

55

95

33%

12%
97%

10

1,900

16%

*15%

27%

Loan

pfd $3.25

Borden

109%

33%

12%
16%
*95

16%

92%

Bond

Dec

17%

97%

16%

*90

44% Jun

90

12%

*95

17

34'/4

*27

27% May 15

Feb

*12%
V *16%

*16

6,100

32 Va

34

1,900

24

40%

*16%

16%

12%

12%
*32

1.2O0

Feb

May

16%

*15%

12%

70

38

23 y8 May
30% Nov

34

12 Va

70

Jart

30

32%

x33

71

49%

Feb

*32

34%

71

38% May
37% May

18%

32%

33%

71

19

9% Dec

13%

"32 %

34 %

13

72

12

Feb

12%

32%

34 \\

72

Jan

Jan

13 %

32%

34%

75

Jan

13%

13%
32%

1"0

*70

51

96

79

12%

96

Dec

78%

21%

3

Dec

79

12%

3

7

79

21 VB

26

81

79

12%

Nov

Feb

79

100

20%

21%

Nov

39%

20'/a

12%

18

Feb

20%

21 Va

31% Nov

6%

20%

12%

61

102

20%

21%

Feb

Dec

20

12%

Jari

May

600

1,700

20 %

21%

Jan

3 Vb May

Va

83

13

35%

32

1,900

32

21%

Bliss

17% May 15
44% July 8

F6b

17

*32
82 Va

1314
34 %..

Appliances.—-—33%c

-

29 %

59

Xl7

83

*82 %

*31%

;

100

Birmingham Electnc CO-L—No

36 % July 15
19% May 18
14% Sep
2

5

31%

0

6,500
6,101

80

*79

10

EXCHANGE

32% Mar 15

■

12%

NEW

19% Nov 10

17%

2

Va

10%

21%

67

88%

19%

80

—1

_

!—y

18

38

37

-

13%

May

45%
25

83

17%

Va

36%

22%

1

Dec

89

32%

*82%

*82 Va

20%

*79

.

J—5

V/o preferred
Bigelow-Sanlord

Apr 16
37% May 18

29% Nov

*32

83

•

*36

"

1

common

$ per share

11

10

14

18 %

32

37%

80

*13

Highest

$ per share

Jan

x20%

18 VB

32

83

STOCKS

Year 1947

$ per share

32%

18%

32%

32%

1—1
——

Co

Indus

Range for Previous
Lowest

17 V8

*18

^50

—

.

Corp

Home

Bethlehem

139 % July 14

24

XlO

21

*22

Best

22

Sep 27
Nov

12%

22

com———10

Cum

30% May 24
37% May 27

30% Feb

37

11%

100

Aviation '

Beneficial

102 % July 23

Jan

32%

33%

12%

*21%

1946. No par
Cum pfd $4 div ser of 1948_No
par
Best & Co
1

26% July 9
87% Mar 10

35%

*36 %

36 %

12%

Co—.——_10

preferred

Bendix

36%

36%

12%

:

Packing

Howell

4%%

pfd
;

Bell

2

15

36%

36%

12

20%

Corp

Aircraft

24% Jan

38%

36%

12%

2.50

RR

Bell

103% Jun

38

36%

12%

*81%

.'

Belding-Heminway

26

40

*36 %

25

common

4%%

19%

93% Mar 16

*38%

—100

16

Mar 22

3,800

22

No par

i

Co

26

Feb

t per share

Inc

Creek

j

9,000

20

5

(A S>

Beech-Nut

42 %

20%

19

_1

pld

Beech

42%

20%

50

;

Corp

Mills, Inc

Shoe

22%

*21%

Co

Works

8

Jan

Jan

42%

10

common-:

37% July 23
20% May 21

28%

18%

42%

34% Apr

103%

150

70%

5

Apr
Dec

*70'/a

11

Dec

Dec

71

Feb

19%

13%

20%

70

cohv

Beaunit

24%

133%

19%'

71

32% Feb

30

14% Feb

May

20%

70%

Aircraft

11% Nov

28

20 %

Beech

Jan,
Jan

21V*

20%
71%

9

18%
24%

20%

*20

*70

16

Oct

106% Aug

X21 %

20%
70%

Jan

18%

Dec

23 %

20"%

Foods

3%%

500

70%

Cigars

Beatrice

•

50

15% Apr

39% Mar

•

100

—100

common

preferred

Iron

Bayuk

8

,

preferred

.

preferred————100
Corp (Delaware) „—10

2

8% Jan

12% May
10% May
16% May

Jan

22% May

78% Nov 26
,

30% Jun

95

Bath

common—

Aroostook

5%

Barnsdall

7

80% Sep

&

r/n

4 %

15

16% Mar 31

xl7

110% Jan
20% Aug
108 % Feb
12

Jun

non-cum

Conv

Works—

Ohio

59,
May 14
28% Jun 14

10
11

Feb

45%

35% Dec

&

Bangor

13% Feb
60

42

Baltimore

31% Jun 22
80% May 12

Feb
Jan

Inc

Locomotive

4%

Feb

28 % July

T)

29% July 14

16 Vs

55%

(B

11

69

V

t

13% Feb

May

1%

1%

1%

1%

1%

5%

5%

5%

,5%

5%

5%

*24

35%

52

52

.

-

34%
*51%

34%
53

24%
10
'

103%

24 Va

24%

10 VB

9%

103 Va

*103

24%
10

104%

1,000
70

1%

1%

V'c

1%

4,500

5%

5%

5%

5%

5.800

'

24%

10
97%
*103
104 %

35
.

24%
9%
*103

25

23'%

1,100

9%

9 7«

5,000

104 %

104'/a

X23»%

10

104%

110

*39V

40

40

40

*40

41

*40

41

*40

41

100

*16%

16%

16%

16 Va

*16%

17%

*16%

17'%

*16

13%

13%

16%

100

13%

13%

44Va

42%

13 Vu

"43%

29,100

44%

400

*

*42

13'%
,

13%

13

13%

43%

43 y2

43 '-a

43%

-

12%
*43

Volume

Number 4755

168

THE

COMMERCIAL

Range for Previous

STOCKS

Range since Jan. 1

Year 1947
Lowest

Lowest

Highest

$ per share

$ per

$ per share

NEW

Highest

LOW

STOCK

YORK

Par

11

Apr

143A 'Feb

11

13

18

May 15

Capital Admin class A

May,

57%

Feb

Aug 26

15%

Jan

48% Apr 21
3% Sep 20

56

Dec

$3 preferred A
Capital Airlines Inc

102

Nov

27

Dec

38

2

Feb

34

Nov

41% Jan

12

43'A Jan

6% Mar

1

:

9

9

Conv

May 20

Case

2

Feb

5

147% July 15

10

68% May 15

17c
preferred
Caterpillar Tractor.,

39% Jun

Celanese Corp of Amer

28%

Dec

22

Feb

13*

108%*

Jan

97

Feb

10

105

123

Feb

11

140

32%

Apr
Feb

Dec.'

21Tb

Dec

9

July

$4.75

2

22% Feb

28

May 27
34% Jun 25

Feb

18% Oct

11

20 % Jan

.5

22% "Feb

16% Jun

21

18% Feb

6% Feb

28

.11 % Sep

5% Nov 12

'7% May

1.

common

Nov

156

Xl7%

CO

130

Dec.

193,4

(J I»

x50

Dec

12% Jun

30

14 %

Jan

*32%

Dec

10074

Dec

77%

Dec

96%
12%
1674

7%

i

1st

2nd

Celotex

Corp

Central Foundry

Co

of

Dec

j.

10% Nov

15

3

.

li

Dec

14%-Feb

8

Nov

12

Nov.

35'A Mar

21

Nov

26

J&n

12% Nov

*23%
*7%

26

29

1

*10172

721%

20 % May

30

Oct

24% Feb

19'A May.

27

Feb

17% Feb

110%

Jan

90

16

100% Jan

6

20 %

Feb

9% Mar 16

.15'A Jun

8

>30 %

Oct

25% Mar 16

100%

Dec

10% May

de

Pasco

No

May 24'

Certain-teed

28

33

Jan

14

Chain

18

26% Jun

11

Champion Paper &.Fib com
$4.50

16%

16%

167b

1674

9%

9%

6%

6%

*5 7b

24%

2374

2374

7%

7%

774

10174

102%

7

*101%

1027a

574

*

•10174

4

.

Jan

40%

Dec

81%

Dec

3%

Apr

Nov

26

10

90

33

102% July

Jan

7774 v

*78

4

Feb

11

12%

J5n

7% Feb

11

17% July 14

12% -Dec

5% May
76 74 May-

Feb

9'A Nov

10

9

..

July 13

Feb

6

Jan

24

.14% May 21
12% July 13

May

15%

Feb

12

Jan

2

10%

Jan

7% Jan

2

15% July 13

6%

Feb

4% Mar 16

14%

Feb

7% Mar 16

233A May
13% Nov

38%

Feb

27%

Feb

14% Mar

33%

Nov

54%

Feb

35

20%

Jan

34%

Dec

26% NOV 10

July

49% Mar 20

4% May
8 3A

8%

-

;2%

Dec
63,4 May

30

938 Jun

-30%

117*4

11%

11%

.1174

1174

1174

1174

15

8%

8%

*874'

87 a

21%

21%

21%

2174

13%

13

13

13%

1274

13%

7a

26%
24

94

No par

1.25

*16

10%

*28.... '

26%

29

26%

23%
*9%

11%

Feb

.23% July 15

11

6

-

*574

11%

"11%

1074

9%

9%

974

*9%

107*4

11

9%

19%

3,600

1274

13,800

25

26

I.

•

•

■

95

No par.
P vtc__No par

*5%

5%

vtc.

100

33%

Chicago <fc Northwest com

No par

Series

A

Paul

&

preferred

9

Jun

2

7

Chic Rock Is &

22

72% Oct

22

July 22

15% Oct

20

,

9%

1

32%

100
100

i 34

3474

4

34%

16;700

33

7874

78%

*77%

7874

57a

5%

574

574

900

11

10 74

10%

10 %

1074

97 b

97b

9%

2,100
5,400

10%

2,900

.

<•

974
10

10

10%

1974

1874

19%

18%

10%

974

1074

974

5%

574't'

5

1874

4,700

10

1,600

5

5

2,100

8%

87b

8,400

3174

574

9%

874
3274

300

32 74

5,500

"

"

574

33%

8%

33%

.

100

974

28%

9%10
*

9%

5%

94%

*9%

9474
'

2874

8%

874

..3174

3274

33%

.

.

•

'.

.

15%

15%

15%

1674

15 74.

1574

15 74

15%

1574

157V

4,400

39

39

38

%

3974

38%

387.,

3874

387i

3874

3874

2,500

23%

5 7c

.42% Sep

'

1,700

10

"<
'

500

23

*28%

9%

*28

"'

25

23

26

23 7a

19%

10%

500

21%

12 74

6

10

10%

%

18

57

6%

19%

45% Jan

56

May 21

78%

10

Chic Milw St

1,000

9

*874

;

237b

3474

78%

78 3

678

9%

50
class A—25

25% Feb

51% May

40

34%
4

35

34%

*77%

6

11%

preferred
;
—100
Chicago Pneumat Tool com—No par
$3 convertible preference—No par

49% July 15

78%

10%

__

11%

2,500

21

*94

-

28%

19%

B

"

1274

10

28%

19%

Class

100

3174

21%

974

10

9%

35 7V'

787's

—

Louis Ry Co

380

79

30

-

127a

94 74

29

*9%
*28

35

25
100
—40

preferred

10174

*77 74
-

9

874

237a

94%

94

10%

5 7c

3,300

21 i/b

.

26%

*26

2., 72

93

—

Chic Ind

41% July 13

9

Apr

A

1,300

7%

•

'

8%
21%

111 RR Co com—No par

East

400

'23%

101%

1

31%

Chicago Corp (The)——
1.
Chicago Great West RR Co com„50

30

13% July 13

&

Class

22% July 14

4% May

Chic

5%

23 %

79

327b

'8

■

Chesapeake Corp of Virginia—,—5

7%

2,300

97b

774

10174>

77%

93

Chesapeake & Ohio Ry common
3%% convertible preferred

2,400

17

974

5%

7%'

*31%

*23 %

9
29

1674

I
'

>

33

*26%

8

May
45% Jan

76% Nov

54% -Jan

<

30

200

>

79

*77

1874

-

24

23%
7%

•

32%

»

79

5,100

10%

*

.

33

21%

par

5

Mfg__,

J

120

2474

*18 74

-1674

6

23 %

"

16%

10

300

138%

24 >4

1

23

10,400

18%

1874

No par

preferred

Checker Cab

18%

No par

Co

Belt

19

11%

„—1

Products.*,

20

3074
1007b

.

32%

9.50

Sugar Co
Copper Corp_a

30%

*100%

•

25

1874

26

2474

574

257b

10

*77

.

3,400

137

974

26%

110

136

53%

138

137
:

900

5,700

52

317b
10074

102 %

Century Ribbon Mills—',.
Cerro

3074

*,10074

774

Light 474%.pfd„100
3.40'{f pfd—100
100

Violeta

Central

May 21
Jun

£8% Apr

111

31'%
137

31

a

300

7%
38 %

136
>

53%

10074

317

26

24%

tCentral RR of New Jersey.*

11% May

Feb

5,400

34

774

136

53

137

6%

Central NY Pr Corp

1

-

135V4

-1'

53%

9%

*5%

«

53

10074

167b

97s

57c

May 27

'

9%

500

12%

3774

38

137

*18%

^No par

Ga'Ry Co vtc

Day

774

37 74

101

31

.

2671,

*16%

—

53%

'

137

5

j.

;

*100%

31%
100:%

137

1

'1

Co

Central

Jun

53

-39% Nov

2218

3274

34

Thanksgiving

'

*7%

1367a

19

8

108

13674

*18%

8
8

137

7%

53%

53%

26

100% Nov

6

*136%

136

100%

No par

Sugar

1

Central

7%

38%

20

7

,5% ^preferred
Central' Aguirre
*

774

*136%

3

Oct

1274

34

M

37%

100

8% Mar

7% Jan

1274

34

12%

39

_No par

common.

*33%
7%

31%

com—No par

preferred—
preferred

22

74

13

13%

13

2

x37%

53

210

3074

12%

32%

3234

34%

32%

7%

136

Nov

Oct

11Tb

Feb

32 74

*32%

'

4,600

30 %

3274

30»4

41%

100

3.800

106

106

CLOSED

3074

30 74

3074

*7%

No par

preferred series B vtc_'_
100
Central Hudson G <fc E Corp
No par

Jan

116

1,200
50

574

•w

6

7

52 74

5 °/8

EXCHANGE

10674

105

107

30 7 4

32%

30%

41V8

■

.38% July

Jan

107

STOCK

5%

13%

5274

54

*

34%

25

10

Apr

4% May

10%

108

*107

1374

13%

5%

574

57b

Shares

'

13 7

*33%

22% Nov

7%

13%
*52%

337*2

*13%

»

series—50
Carriers & General Corp—
1

Feb
k

-

14
54

30%

preferred 4%

Jan

130

197b May

1087a

*30%

—4—5
Corp c0mmori_u-4-4—_-10

Carrier

8

52 %Jun

x97

•

*107%

Carpenter Steel Co.,

49% May 21

23

35% Mar

64

17'A May

—100

Light

*1374
*52%

5%

the Week

share

'

Feb

158%

Dec

18'

Power

14
54

5%

for

Sales

Friday
$ per

$ per share

i per share

Z

share

Nov. 26

Nov. 25

Nov. 24

*52%

•

Thursday

Wednesday

*13%

54

5%

Clinch & Ohio Ry

Carolina

S per

15

PRICES

SALE

HIGH

AND

Nov. 23

$ per share

14

5%

_No par

Carolina

Dec

47

49 74 May

Nov

14

(2235)

"Tuesday

Nov. 12

share

*52%

10
-—1.

-

5

&

$ per

common—l

_

July 28

32

12% Nov 24

Oct

73A

Jan

29 V2 May

132

'Oct

45

110% Nov

18

27% Jan

5074
21%

12 7b May,353,4 May

13?"

100% Feb

Jan

39'A

Dec

6

Jan

128

8% Mar 22

>

Monday

Nov. •*;()

$ per share

share

Feb

Saturday

EXCHANGE

50
5 74

FINANCIAL CHRONICLE

&

29 %

29

*2874

28%

2874

2874

28%

28%

*52

5474

35

35%

6674

66% "

*52

29

.

53

53

53

36%

36%

357a

36

66%

66 %

66

66%

53

,53

1,200

52

*51

200

'

10%

Dec

15%

Jan

4%

15%

Feb

21

Nov

10

14% Feb

Feb

7% Mar

2% Nov

11

.19% May 27
4% Apr

3

.

44 % Oct

2

63% May

1

Pac

preferred series A——100
Chicago Yellow Cab—
—No par
Chickasha Cotton Oil

Childs

Co

5%%

3

2674

2674

100

*93 */4

94

*93%

94

93

Cincinnati Milling Machine Co—10

20%

20 %

20%

21

21

40%

40%

41

41

4074

*2774

27%

27

27%

2774

27%

4

.29% Jun

17

Cincinnati Gas &

96

Dec

9

101% May 26

27 % May

34 %

8

May

78

Dec

Nov';1,

26% Nov

17

33

9

.10

7% Mar

Mar"

94

20%

78

May

85

Jun

95

34%

Nov

43 3A' Jun

Jan

6

15% Jan

Feb

j'. 23

May 17

6

4%

preferred———

3

City Ice & Fuel

2

City Investing Co common———5

38% Aug

5

5 %

176

July 12

,88

Jun

4

42% Oct

20

29

Clark Equipment Co

34% Feb 10

C

Illuminating com^^No par
$4.50 preferred
'
—-—No par

Cleve Elec

6

111% Jun

7

Nov

24

Oct

15

34% Apr
108% Jun

25

57c

Dec

101;

.Jan

69% Nov

9

Cleve

Dec

57

23

78% May 20
47 % May 19

14%

Dec

24%; Feb

13% Nov 24

18% Mar 22

Climax

32

May

39% Mar

23% Nov
Nov

9

34

Dec

48%*Mar

30% Sep

28

140

Dec

Feb

10

89

Dec

78% Sep

30

105% Jan.

Feb

40

Sep

-

9

Cleve

Graph Bronze Co conu
preferred

Special gtd 4.7

154

Feb

•-

91 %> Dec

Year 1947
Lowest

137

5

141-

Jan

5

Clopay

10%

,

36% May 17

1140

65 %

33

July 13

7%

92% May 20

47o

147

Dec

23%

Dec

May

140
61

1332

Nov

183

1—No

39

107%

July

31% Nov

8

Class

1

Coca-Cola

■'45% Jan

12

X87 % Sep

10

2

96
Apr 20
25% May 18

22%

Oct

,16

18

Oct

12% Feb

11

20%

Feb

16

Feb

11

22% Oct

22

17%

Feb

10

18% Jun

25

17%" Feb

9%"May

16%' Feb

May

21%

Dec

32%

21%

Nov

32%

10

Apr

11%

Dec

Jan
*

Jan

12%

Oct

22%

63

Feb

I

Mar

86

Dec

39% Aug

30% May

Nov

Feb.11

9% Nov
11

5

26% May 21

-

22% Oct

23

18% July 15

Nov

24

9% Nov

15

17% July 14

20% Nov 26

32 % May 15

>20% Nov

31% May 12

3

2674

94

94

94

2174

20%

21%

41%

3

40 74

40%

20%

7% Sep

27

Dec

Feb

35% Feb

Oct

36% Jan

23

87

Dec

115%

Feb

90

Jan

2

4,400

34

34%

32

*30 74

8
-

1974

.1974

900

2774

8

*30%

1,900
70

80

1974

3,200

Colo Fuel

57c

Iron

&

38%

24%

3174

25

26

*105

107

72

*70

72

*40%

42%

*40%

42 %'

25

25

%

13%

14

24%

.

7%

*7

31%

24%

7

31%

31

*139

800
>

*80

83

Saturday

1 per

2nd

35

90%

16

Pictures

18%
*

18 %

*10%
*11%
*10

preferred—100

21

197b

117b

17% Nov

-i

137-1

7,500

24%
73/a

25

25

7

„

18 74

SALE

10

81

900

PRICES

140

63 74

35

34.
!

90

15%

1574

JOS/,

1974

19%
17%

17 %

18 74

12%

18%

177b

18

18%

1174

11

10

11

10

21%

21%

22

-2074

2174

21%

21%

1174

11%

9%

,

11%

11%

11'4

.2074

*10

2174

18 7 a

18%

10%

s.;.

8

8%

10'%

1174

11

21%

26

400
480

11%

350

10

10

21%'

3,700

21

1,200

10'4

-

7i:,4

*2074

11

107b

774

87b

w—No par

52%

Co_—_—No par

31

31

3074

31

30%

307b

4

Columbus & Southern Ohio Elec—10

3774

3774

*3774

3774

3674

377b

Commercial Credit common——10

497b

49 3 b

47%

49%

48%

467b

74

49

98

98

98

99

98

98

9674

97

18 74

1874

18%

1874

18

1874 -

17%

18%

43% Jun

8,900

9%

*9 7 b

2174

52%

*50 7b

51

51

2974

3074

36

-

17%
1874

207b"

10

217 b
21

:

1»600

*1074

54

Carbon

2,100

9%

*52 %

Columbian

450

15 7b

19%

1874

54

16

2,300

90 V4

Xl7

Day

1874

8

15

34%

90

10

*51

37% Apr

120

•

19%

Thanksgiving

common—No par

$4.25 cum preferred w

1,300

63 74

"

"

8

77b.

8

90

11%

.*9%

Shares

1574

19%

11

142

34

157b

20

for

the Week

share

*1100

CLOSED

90

1174-

-

6374

■>

EXCHANGE

3.4 >/4

90

11

-

.

STOCK

-1574

*1874

-

$ per

141

*62%

*1100

Sales

Nov. 26

Nov. 25

1 per share

$ per share
141

Friday

Thursday

Nov. 24

15 34

117 b

3,300

80

Wednesday

,

1,300

81

80 74

627b

7%

32%
141

90 74

177 b

19

3274

—

'500

*139

18%

,

7%

31%

—

141

157;.

11% /
%t

'

42%

13 74

3174

143

•'

30

*40%

141

share

3474

35%

1,100

2474

HIGH

627b

—

100

14

*8874"

21

21

Inc._*No par

System

;

42%

8074

*141

63 74

23%

~

4,500

1374

?

*1100

35

16

197b

Inc cl A—2.50
B„__—»—i
—2.50;
Gas

*6274
*1100

*88%

1st preferred——100

non-cum

63%

*3474

:—4—-20

144

144

144

*6274

■

107

*40%

.

3174

$ per

,

71

Tuesday

t per share

-v,

3874

*69%

Nov. U

Nov. 22

share

*142%

Corp com„..No par

non-cum

23%
*104

107

'

1

10874;

72

141

80%

Monday

*1100

Corp.—_No par

47c

38 %

*70

7%

31%
*139

85

10874

237s

x23

25

774

%

185

*80,

3874

*103%

-

14

*2474

141

82

*8078

1374

7%

31 %

141

*139

—100
100

A7c

*160

109%

38%
109

25

14

Southern Ry. com—100

Columbia

38%
t—4 O cc

10874

107

42

Columbia Br6ad Sys
-Class

38%

.

108 74

LOW AND

preferred

conv

85

*70

Aikman.——.—--No par

Colorado &

170

*80

*105

Mills Inc.-—-,—2o«,

Colonial

*160

85

70

137'a

Colgate-Palmolive-Peet com—No par
$3.50 preferred
;—Ai——No par *
Collins <fe

170

*80

36

-1

107 b

17,000

77b

3,500

54

.

200

3074

30%

2,500

367b

3674

1,100

477b

48 3 b

3,600

97

97

177 b

17%

9,700

3%

123,600

'

26% July

20% May
-2% May

Jan

2% Feb

i

94

123%

Jan

92% Nov

33%

Jan

25% Sep

14%

Jan

4

Dec

•

3% Oct

-4% May

-

Nov

Feb

4

Sep

Feb

j 104% Nov

21

Mar

103% Feb

-11% May 20

6% May 21

8

25 % July 12

5

107 % July

10

93

93 74

93

937b

26

26%

2574

26%

preferred series--

28

Aug 27

137b

137b

127b

6%

Consol RR of Cuba

Retail

_*—15

38%

pfd—_100
Inc__—1

*1274
*9 7b

Stores

99y2

Dec

17% Mar
38%

Feb

114%, Feb

Feb

24

15% May 12

8% Nov

26

15% July

Consolidated Textile Co Inc——10c

7% Nov

10

16% Mar 20

Consolidated

Nov

24

35% Jun

Consumers

31

32%" May
94

%

Dec

Feb

48

104% July

33%
90

Sep

18

$4.52

Nov

42 % Jan

10

Oct

$4.50

24

105

27

Nov

*

11%

Dec

20%

Feb

>10% Mar 17

Dec

106%

Apr

84% Mar 23

92% Sep

Feb

29% Nov

40

30%

Dec

44%

110% July

95

Dec

9

May

13%

Feb

44

May

55%

Dec

For

footnote*

see

page




92

Oct

7

8% Nov 10
48% Mar 17
24.

5

99% May 25

94

26

17

106% May 25

98% July 26
100

17% July 13

3

May 15

Vultee

$3.75

preferred

38%

23

23

12%

.9%

834

97b

9%

87B

9%

;■

934

974

97b

97b

9 74

9

9%

9

,

900

387b

23

127b

2,800

9

39

3,800

22%

12 74
87 b

1274

500

87b

4,500

9

3874

12%

*12%

800

13%

22

3774

127 b

5,600
13,400

1274

.

97b

22

*1274

4%
22%

1067b

,

,

,

87 b

9

2,100

19,000

31%

31%

104

104

104

104%

104%

104%

104%

104%

104%

104%

104%

104%

104%

104%

105

104%

104%

520

America com—20

*34 %

35%

34%

34%

34%

34%

1,200

1—100

*90%

92%

*90%

92%

*90%

92%

No par

preferred
Can

38

387b
23

47b
10674

13

8%

'

23 74

.13

400

22

227'b
106 74

127 B

*

87b

1,800

267b

104%

Continental Baking Co com—No par

$5.50

9

38%
22%

38%

13

87b

3174

267b

47b

22 7b
1067b

,

500

307b

-

*104%

'. No par

preferred

Continental

2,200

11,500

9%

*104

Power Co com;.

Inc common

-J—No

99
July 13
13% May 21

Continental

64% Oct

Continental Insurance

26

1

preferred _i——i-i-No par
preferred.:—_4
——No par

Container Corp of

47c

Aircraft—

23

9

9

27

4%

.22%

Consolidated Natural Gas

9374
257b

*9

317 b

26%

106%

Grocers

4

9%

31
.

474

22%
*1067b

Consolidated

6

4%

2274

106%

2

<51

11

4%

227b

10674

Jan

24

<

474

4%
227b

106%
874

19% Feb

.Dec

4%
22 74

106%

1374

37% Nov

10% July

2774

1374

Jan

30

31%

*26%

*874'

Jan

11

31 Vb

2674

Corp__• _1.33%

30

Feb

3174

2674

Consolidated Laundries Corp.——5

54%
19%

3174

27%

Consolidated

18

12 % May

,

32%

11

8% Nov

.230

2574

2574

9

'

—No par

—,

95

25%

.

3

93%

94%

^

9% 4

3274

Cigar—

preferred-.

*

37b

3

'

257b

97 b

Edison of N Y com—No par

Consol

$5

95

2574

9 7b

*9

93b

*2674

..No par

No par
Consolidated Coppermines Corp—5,

3%

94

48

.

*

974'

21

Feb

<

6

37 b

37b

——No par

$6

Conde Nast Publishing Inc—No pan

12% Jun

Feb

1*5%

May

Commonw'lth & South com—No par.

3

3

xl8% Jun

11% Mar 16

20%

17

May 21

3

■

Commonwealth Edison Co—i——_25

Consolidated

10%

40'A May

Solvents-'—-No par

Commercial

Congoleum-Nairn Inc

11% May
Dec

19

27

-————100

preferred

36% July 12

3

108% Mar

Apr

3.60%

32

10

26'

29%

Nov

21

28% Feb

Feb

7

'

Nov

7

29% May 14

11

33%

Apr

106

"

-35%

23% May
30

10

8% Feb

July

29% May 26

23

8 % May

104

18

25% Nov

I

2,000

*75

71 GO

85'

38%

24"

*40%

—No par

Columbia

78% Jun
■

5

-48%

j
?

100

20%
40 %

*27

53% July i5

18

28%. Feb

May
'

■i

94%

2074

8

193A

'%.

107

par

(The) common_No par

Internat

24

>14% Jun

28

Nov

36

•

2,700

,,80

*78

i

,

'

'

I

27%

40%

V

27%

7%

7874

1974

35%

*27

.

874

78%

a?

180

108

Nov. 20

A

13% May 21

10% Feb-13
51

36

50

27,300

*9374

r

267a

>

■

-

30

51%

*3574

-

5274

70

STOCK

YORK

Cdca-Cola Co

2

July

Aug

May

«

107 %

24

Par

Jan

1332

1

Jan

56

190

3774

51

26%

-

5174

*105

-1

—

preferredcum 2nd preferred—

63% Jun

26

July 13

15

8

387b

,

EXCHANGE

12
May
16% May

•

*80

1

NEW

Feb

8

35
*160

50

stock—-.*-,

Corp

,

46

18

36

85

.

.

•,u*.

20%

180

50

$ per share

t per share

105% July

May

87

Jan

1155

80

STOCKS

Nov

191%

Jun

May

37%

*36

8 74

*78%

*80

Cluett Peabody & Co com——No par

Lowest

Highest

May

x61%

*35%

V
Vi

*160

1
—100

gtd

Industries Inc

Clinton

Range since Jan. 1
Highest

.

4 per share

t per share

<

Co 7%

MolyLAienuih-

*35% Jan

*9

—

Pitts RR

&

Range for Previous
"

20

•

6

T

8%

8%
80

1974

20

preferred

non-cum

42%

j

8 %

*78%

.

com—100
——100

C C & St Louis Ry Co
57c

105

>I

4,000

48%

4874

"

■

July 12

x23

'

,

par

preferred——loo
—*1
—5

7c

;Mar

.

1—No

City Stores

35% July

71

37

200

3%

3

..

'

—No par

Jan

109,

Jun

„

I T Financial Corp

Jun

Jan

80

Jan

115%' Feb

Dec

Eleo "com,.;.

C

Nov

27'A
106

———

8

,84% Apr 20
May 24
.21

27% Mar 18

34% Nov

176

107

Co

Copper

,

\

'

Feb *

11%

12% May

48 % July

3%
48 %

*3574

'

26%

23% Feb

27

3
*48

'

48%

26%

Jan

18

3%

4874

26%

29%

26

1674

*26 %

Nov

Nov

13%

*16

,8.50

23

19% Nov

*35

3

*1274

1774

-

52%,;

Chrysler Corp

1,600

1774

51%

Chile

10

66

*65

4,400

13

53

24

36% Jan

4874

34%

34

'

,

.*12i%

37

Jun

65% Jun

90

3 %

48%

3%

.1

*1674

52

42

26

Feb

3%

48

66.;

,

13%

36%

18

Nov

Feb

*16%

37

Feb

51

Jan,,'

*12 74

17%

54%

31

Oct

%

13%

*16%

3b 74

6574

53%

Mar

66%

28

i—100

r—,..,25

*1274

34%

.
.

2.50

42%

Sep

4b

3 %

43

preferred——

Dec

111

1

—

13

17%
*

:

17%

*12%

10

.

,_r

common—

56%

21% May

,

Conv

32

37 % May

RR Co—No par

Diamond Fibre.
—

20 s
par
5

10

32%

32%

32%

*

32%

32%

32%

31

32

*

'

14
*88

14

89

-

14%
*88

14 %
80

*94

9%
60%

32%

'97%'
9%
61

32

*94

32 %

96%
9%

*91%

92 %

*91%

370

92%

13%

13%

13%

14

88%

88%

88%

88%

80

30

30%

29%

30 %

10,000

*95

96%'

96.%

8%

8%

59%

60%

-

35%

14

*95

60%

35%

31%

X30%
'

*8%
60

3471,

34

88

13%
88
'

32%

%

2,500

8%
GO

*95

3,800

97%

9%

8%

8%

600

60%

59%

60%

2,200

16

THE

(2236)

1 per

8 per share

share

12%

Feb

Feb

27

10 Vb Jun

24

Continental Motors

Apr

55%

Dec

46% Feb

11

69% Jun

18

Continental

Oil

12%

Apr

27'/a

Oct

14

Mar 16

19% Apr

16

Continental

Steel

14% May

19

Feb

19% Mar

Jun

14

Cooper-Bessemer

43

55

Dec

17%

Oct

May

12 %

Jun

44

Dec

9

33

x49% Mar 17

55

Feb

13

July 12
2iy8 Oct 22

11

Nov

1

20%

Feb

9 V* Nov

10

15% Jun

15

61

Jan

50

Dec

Feb

13

57% July 14

49

42% Mar 24

Feb

55

12 % May

51%

6

23% Oct

10

18%

Dec

reo

18

Nov

88%

Dec

105%

Feb

88

Nov

3

88

Dec

105%

Jun

86

Oct

28

Jan

58 Vh Nov

26

Aug

164% Oct

18

61%

32%

75%

Sep

195

Dec

170

15

97% July
98

1

66% Mar 24

Copperweld

4%

Dec

8%

Jan

3 % Sep

20

5% Jan

2

Dec

4%

Jan

2 Vb Nov

26

3% Feb

2

Feb

13

39% Jun

14

94% Aug 31

98% Jun

15

24% Jun

8

29

Feb

107

Mar

11'/a

Dec

16

Oct

22%

Dec

30

Jan

9 V*

x21

13

Nov

9
Mar 18

Cum

Corn

Co

46% Mar

6

$2

25

34% Jun

1

Oct

Nov

10

Feb

91% Feb

24

Oct

99% Nov

16

22% May

37 y4

Feb

21% Nov

24

28% Jun

96

Jan

66% Nov 24

78% Jun

34%

Oct

26 Va Nov

34

21%

Jan

66

Dec

22

'

May

13% May

12%
182%

Dec

24%

56

71

Nov

24

16

y2 Nov

15

7

Feb

11

122% Feb

17

61

147

Dec

70

-

48

Mar

6%

Feb

4% Feb

21 '/a

Dec

18% Feb

13

Jan

27

13% July 15

*132

Feb

129

133

Apr

30%

18% May

21V* Mar 16

Feb

Aug

-

|

2

.28 V* Sep

-

"137

2

25

24%

24%

EXCHANGE

24%

24%

*53%

54%

*53%

54%

CLOSED

*53%

54%

18%

19 %

50

*24%

25

*53 %

54%

.

20%

*49%

*49%

*10Va

10%

52%

50%

Thanksgiving

*9%

10%

Day

51 %

52

52

20%

59%

1,000
570

19%

2,800

*90%

91

*89 %

91

*89%

91

*90

91%

*89 %

91

*90

91

59%

60'/a

58%

59%

58%

171%

*171%

172 %

171%

58

172

"20

Vs

58 Vb

*170 %

172%

150

59

171%

171

100

9%
51%

19%

197/a

19%

19%

19%

50%

9%

91%

91%

500

7,200

51%

91%

*90

59%

171

20

19%

91%

91%

49%

50%

x9%

*52

9%

52%

10%

•20

19%

19

20

19%

50 %

20

52

*90

4,300

r—1

•3%

3%

*3%

3%

3%

3%

3%

3%

3%

3%

2,100

1

2%

2%

2 »/4

2%

2%

2%

2%

2%

2%

2%

1,500

31%

32%

25

31

31%

100

*92%

1

9%

Seal

22%

32%

33

*92%

Corp

96

32%

33

*92%

33%

'23

6%

*36%

5

26

96

10o

70

27

preferred
Press

Prior

preferred..

Class

*74

5

9,100

7%

.

Inc 7%

Cutler-Hammer

Inc

pfd

8

7%

..1

Cushman's Sons

*

■

140

27%

37

36%

36%

800

25

25

25%

25

*95%

95%

96

*95

,

•

99

21%

J 21%

67%

67%

66%

' 67 %

*66%

27%

26%

26%

26%

15%

15%

15%

15%
180

*160

8%

'

15%
8

*69

72

74

71

71

13

13

12%

12%

12%

16 %

17

17

16%

16%

*16%

7%

8
"

■

138

•

-

*

7%

7%

-

139 %

137'

50%

50%

7%

7%

7%

20%

21

'132

21%

21%

140

28

28

*132

140

X27 %

20%

,

7%

100
,

500

-

,

7%

22,700

20%

*132

2,100

140

25%

27'A

11,500

.

50 %

20%

20%

26%

200

7%

140 r.

*132

*

21 Va

500

137

50

7%

7%

•

200

.

17

*135

50%'

50 %

l

3,600

12%

;.7%

7%
139

.137%

50%

1,800

180

*72

7%

800

320

8

13 Va

7%

27%

68

*160

8%

78%

*16%

2,800

26%

15%

15%

8

90

i

21%

26%

180

♦160

8%

8%

3,800

95%

21%

27

300

97

*95

22

50 %

21%

'132

4,100

21%

180

138

7%

21%

100
No par

■

52

.

17%

13 Va
*

140

*50

1

common

A

■

140

No par;

23

17%

69 Va

*74

17

*16%

23

18 Va

*35

95%
100

900

9%

23%

17%

25%

95%
*97

-

22%

-

8%

13%

;

25%

95%

.15%

78%

*12%

26

*160

8%

♦

100

68

180

8%

100

Inc

Curtiss-Wright

'160

10

36%

*26%

15%

*15%

100

common.

36%

22

70

27

37%

*98

22%

100

18%

9%

9%

*23

23%

18

95%

102

22%

23

18%

25%

95%

'

23%

37

26%

95%
*98

No par

pfd

%

9%

9%

9%

18%

37%

No par

9%

*23

18%

—No par

non-cum

9%

23%

18%

com

*92 %
'

2

com

96

*92%

9%

2.50

com

preferred

4%%

96
-

.No par

&

Cunningham Drug Stores Inc
2.50
Curtis Publishing com
No par
$7 preferred
No par

1

July

*x31% May 26

1,200

*24%

25

*90

:25

preferred..

conv

Cuneo

May 14

12% July 21

11

12% May

24% Jan

5

America

of

Cudahy Packing Co

July 30

-

150

Mar 11

Feb

12%

.

-

4% May

'

88

12% Nov
18

15%

10%

100

preferred

RR

1%

1»%

8

7%

52

Cuban-American Sugar common__10

4

17% May 18
13

Feb
Nov

Jan

9

Jun

STOCK

100 *

com

Zellerbach

5%

13% May 21

Refining

$4 2nd preferred
Crucible Steel of Amer

Cuba

4,600

15%

100

1947

common...

Cork

$4.20

2

54%

15%

49

of

preferred

17

Jan

177

24

Nov

14

17% Aug

11

Apr 21

19%

Jun

113%

*

8

27 %

Oct

0% May

'

!

101
1

•

Dec

Xl6

155

Sep
Mar

17%

Dec

26

12% Feb

Jan

165

Jan

165

103% July 14
Jun vl

129

54 Vb

16

49

l

preferred

Crown

34%

Dec

10.200

55%

16

20%

Cream of Wheat Corp (The)

18

7%

54%

16 Va

8

*

3%%

Creameries
Crown

7%

55%

16

20%

Coty
Coty International Corp
Crane

7%

54%

5

common-

ser

7%

53%

54%

preferred
Inc

36% Nov

130%

Apr

98

pfd 3%%

Products

1%

26 Vb

108%

25

Co

Shares

7%

*53%

20

10

105% May

Steel

the Week

54%

No par

-m*

S per share

for

Sales

Nov. 26

t per share

f per share

16%

25

50

52%' Mar

•

Dec

41

common—5

Corp

Nov. 25

Nov. 24

t per share

7%

-

•16

Exchange Bank & Tr Co
Corning Glass Works common
3%%
preferred

17% Nov

May 27

14

1948

55%

7%
55V4

Corn

2

Jan

40%

26% May
Dec

Corp

$ per share

I per thare

5

Delaware

Convertible pref 5% series
Cornell Dubilier Electric Corp

Mar 19

2%
97

Nov. 23

Friday

Thnrsday

Wednesday

Tuesday

Nov. ii

1

of

$3 prior preferred

July 21

177

Monday

Nov. 20

Par

Monday, November 29,

HIGH 8ALB PRICES

Saturday

t per share

35

6% May

CHRONICLE

LOW AND

STOCK

EXCHANGE

Highest

Lowest

Highest

$ per share

NEW YORK

Range since Jap, 1

Year 1947

FINANCIAL

&

STOCKS

-

Range for Previous
Lowest

COMMERCIAL

26%

1,500

19 %

3,800

D
:

19

Sep

30% Jun

10

Sep

85

Oct

8

94 Va Jun

24

___100

*87

88

23%

Oct

13% Mar

9

20% Jan

2

Davega Stores Corp common—.2.50

*15

16

*

25

17% Jan

6

*14%

16

*14%

24%

Oct

18% Feb

14

28% July 14

Jan

24% Feb

25

31% Aug

Dayton Pwr & Light

82% Nov

16

94

101 Va

Sep

33

..

July

84

Feb

9

Feb

8 Vb Sep

45%

.Aug

31

»

23'/a
20%

Dec

Sep

May

29%

i

series A

35 %

Dec

11

common

pfd

,101% July

Dec

12%

3%%

5% conv preferred
Davison Chemical Corp

18% Jan

84

28

Feb

15

82%

Corp

Sep

97

Nov

14% May

24

Dana

26%

19% Aug
90%

Dec

Oct

.

94

4
17

Jun

5"% May

,

59

17%
16

Jun

15

46 Va Jan

2

38 V* Jan

20

Feb

7% Feb

11

13% July 12

Dec

14% Feb

44%

Dec

32 % Mar 16

58

20

21% May 17

Records

Inc

Deep Rock Oil Corp
Deere

Co

&

7%

9

&

Delaware

.1

Hudson..;

Lack

&

88%

*86%

88%

*86%-

9%

9%

9%

9

9

8%

9

8%

29

ctfs

for

Escrow

ctfs

for

*28%

28%

500

34

29 %
34%

28 V,

34%

34

34%

34%

34%

6,100

34

34

34

34

34

34

34%

34%

1,000

43%

43

43

x40a

41

9%

9

*42%

43%

9%

9%

com

100

27%

26

pfd.:

100

47%

47%

47

47%

20

20%

20%

20 'A

20%

19/64

32

27

10

5

*12%

9

2

—.12.50

22%

18%

Jan

13

19%

Oct

14% Mar 12

Mar 17

May
May

Jun

10

X19% May 21

20% Oct

19

Sep

25

Jun

2

55%

Oct

47

Oct

19

56

Apr

21

Feb

11

Nov

24

23

Jan

5

40%

Detroit Hillsdale & 8WRR Co__100

Corp....

Vilbiss Co

Devoe & Raynolds class A

Diamond

Match

28% May

39%
21 Va

Jun

76

29

Oct

16% May
45% May-

Jan

; '

Nov

41

13

r

t 98% Dec

114%

Feb

13

Feb

97

Feb

Divco

90

Feb

Dec

Dr.

16

Dome

Mines

106% Jun

15

31 Vb Jun

21

Dresser

Feb

83

Jan

2

98

12% Feb

11

20

July 16
May 15

18

May 20

Duplan

129%

Aug

115% Jun

113% Jan

•94

Dec

19% Mar

188% July 9
124% Jun 17

Mar 18

28

Feb -11

12% Oct

99% Jim

;

111% Aug 24

116

22

15% Jan

1

3%%

Year 1947

2

-Range since Jan. 1

-

•

Lowest

$ per share

■

25%

3,900

46

46 %

800

20%

20%

20V4

20 %

9,200

32

19/64

19/64

19/64

19/64

i'e

185,500

58

58

*55

■

•

10%

10%

10%

10%

23%

23%

23%

23 %

13%

12%

12%

12%

12%

22%

22V4

22%

22%

-

x22

,

58

*55

10%
•

25

46%.

20%

19/64

58

*55

10%

10%

10%

23%

23%

23%

12%

12%

*12%

12%

1,300

22 %

23

*21 %

22%

1,600

10%
*23

1,500
.,

700

42

41%

40%

41

40 %

41

*40%

41 %

700

45%

*44%

45 Va

*44%

45%

44%

44%

44 %

44 %

200

13

12%

12%

12%

12%

12

12'/s

12

12

16%

16%

16%

16%

16%

16%

16%

16 Va

16%

10,300

14%

800

41

1,400

15%

15

14%

27%

26%

26%

*27

28

27

27

28

28

49

49

49

*48

49

49

49

48

48

11%

11%

11%

11%

11%

11%

11

11%

11

11

5

33%

33%

32%

33

32%

32%

32%

32%

32%

—No par

£

$4.50. series

Preferred

$3.50

11%

20

90

*87

14%

*13
13

"

173

*120

172

121

*98%*

120

98%

I per share

46

90

30

11 %

11 %

48
46

46%

100%

100%

98%

&200

49

46%

1,400

11%

48%

99%

•

T500
"

100%"'
100

100%

19%

20%

99%

20%

100

19%

2,400
4,900
600
"•

100

1,400

19%

8,500

*87

173

90

*87

*13%

14 %

*13%

14%

13%

12%

-

.

12%

12%

12%

12%

12%

169

167%

168 %

120 %

119% ,119%

400

*

800

171

121

172

120

90

168

'119%

120

98%

98%

*98 %

98%

*98'

'114%

115%

114%

114%0

*114%

13%

*13%

400

7

k

115%*:

*114%

*14%

13

*12%

13 %

13

13

•

*86

98%

98

90

■'.»

13 %

98

100

1,600
>

2,600

-

114%

13

115%

40

13%

115%

13 %

400

LOW AND HIGH SALE PRICES

NEW YORK STOCK

■

Highest

•

11%

47%-

46%

20

13%

173

11%
49%

100

14%

13%

11 VB
49

100%

20%

13%

a

'■

101

*13%'

No par

■"

15

•32%

46%

•'

100 Va' 100 Va

20%

*87

.No par1st pfd___._100

-

•'

47%

20%

series

15

51

46%
101

.1

Preferred

49%

101%

No par

Duquesne Light 5%
DWG Cigar Corp

•llVa

47%

*100%

100

International

11%
51%

>99% ' 101%

50c

preferred

conv

11%
i !

47 %

15

common

15

51

r,

:__No par

common..

15

STOCKS

Highest

*46

47%

15%

Corp

Range fur Previous
Lowest

26

20%

23%

16%

Du Pont de Nem (E I) & Co com__20

3

Jun

Co

Industries

Dunhill

12% Mar 11

'107%? Sep

8,300

*41

$4- preferred series A__j__^No par
$3.25 2nd preferred
1 No par

106% Oct 22

Feb

Sep

*56

25%
*47

*47%

Ltd...:—

Chemical

Nov

Deo

26

*26%

Douglas Aircraft —-i...

19

Dec

25%

700

9%

*12%

r

2

Corp

Dow

98%

July

24%

41

__._No par

Doehler-Jarvis

24

17%
'

8%

No par

50% OCt1

19% Nov 26

164

*39%

9%

*44%

2

i

Pepper Co

Dec

197

%

8%

9%

No par

Dixie Cup Co common
Class A

10% May
14% Nov

May

%

1

67% Apr 15

13

23

May

58

10%

25

Corp

Feb

__

6

104 V*. Oct

Dec

*56

No par

common

6%
partic preferred
Diamond T Motor Car Co
Distill Corp-Seagrams Ltd

Jun

40

11% NoV -22
47% Nov 24
32% Feb 20

42% July

Sep;

28

j.

34

Dec

8%

%

v

16% Jan
46

*43

29

RR

28 % Jun

19% May 26

2,800

34%

13

46% July 29

8%

8%

29

11% Nov

13

1,900

29%

Feb

24

80

10

34

Jan

35% Mar 12

8%

100

89

9%

10-

1,200
3,400
„

35

19/64

Steel

19

34

Rights

De

'

19

34%

*23

Feb

Dec

9

*29 <

1

Nov

I per share

*86%

10

1

38

•

'88

Detroit-Michigan Stove Co

12

•

86 %

Detroit

9

Feb

14

86%

23

Jan

92%

86 Va

26% Oct

Jan

110%

*85%

13% May 24

47

my#

86%

60% Jan

24%

173

*85

19

50

80

86%

50

West

'

.

26%

86%

11

Apr

14

26

86 %

Nov

22 y8 Mar 18

Dec

91%

26%

100

Western

Detroit Edison

9

Nov

Soy#

19%

26%

10% Feb

•

,

19%

26%

8%

20

Escrow

July 15
% Nov

9

11% May

'*

20

26

*85

No par

common

preferred

Delaware

39% July 15

11

17%

25

20

50c

35%

49

20

26%

Decca

42 %

.19%

20

9

series B

160

26%

10

34% May 24
50 y2 Jun 24

15%

16

88

5

21% Nov

15%

*14%

•

20%

31%

Oct

20% May

*14,

10%

13

57

16

88

SeD

Oct

*14%

27

13% July
26% Oct

H

16

*26%

•

22

Jan

15 %

•10

29% Feb

62%

Aug

10% May

89

*14%

*86%

42

28'/a Nov 10

V* Nov

*87%

15-"

13% Jan

24

Apr

19%
87 Va

*14%

100

Oct

27 % Mar

Dec

19%
87%

15%

50c

19%

6% May
20%

19%
87%

*14%

Dayton Rubber Co.

Denver & Rio Grande

25% May

20%

19

87%

15%

5

Feb

10%

Preferred 3.75%

1
7
100

A

19%
88

14 %

10

45% Mar

32% May

(The)

common

series

19

19

87%

Jun

46%

33

3.75%

20

19%

15% Jan

Sep 27
7

% Sep

38%

.

Preferred

19%

•

.'

<•

-

Saturday

EXCHANGE

$ per share

Par

/

•

Monday

Tuesday

Wednesday

Nov. 2'i

-

Nov. 20

Nov. 23

Nov. 24

I per thare

share

f per share

S per share

;

Thursday

Nov. 26

f per

t per share

<••■

■>

Friday

Nov. 25

1
,

for

;

the Week

4

Sales

share

Shares

>

1

19%
'16

Jan

25% Aug

18% Nov

26

Nov

24%

13% Oct

11

Apr

16

14% Dec
42 % MaY
163

Dec

42% May
18% Dec
88

Dec

is y« Aug

104
„

Dec

51

13% Nov
38% Feb

10

Sep

27

>

47 V* Feb

28

69% Oct 26

Eaton

Feb

Xl5% Nov

26

19% May 17
92% Jun
l

Edison Bros Stores inc

16% Jan

Ekco Products Co

109

Feb

27%

Feb

111%. Feb
8%

33% May

39 Va

Jan

Sep

3%

11% May

19%
,171

82

Mar

11% Nov
98

Sep
5% Jan

Feb
Feb

15%

175

38 V* Nov
11

Feb

8

18

17
5

10
13

32% Feb

19

Jan

1% Nov

10

Feb

13% Feb

11

July

139

12

24

56

37% Jun

Feb

10

166

123% Feb

11

147

Oct

49 Va Feb

Sep

28
9

55% Nov

45

46% May
9% May

23

Aug 19

10

•

6%

4%%

Oct

3

17

Dec

12% Feb

11

20% July
15% July

19%. Jan
'

107

Apr
Mar

12% Jan

2

x29% Jan 22
97

Feb

27

6

9

16% Aug 27
34
104

Jan

8

Jun 10

Dec

10.% .Nov

13%

Feb

4% Nov 23

24%

Feb

9% Nov

18

25%

Jan

32% May

50%

Oct

35% Nov

5

*6% Dec

13% Aug

4% Nov

18

For footnotes

see

page




7% Mar 17

24.

9

Jan

14

20% May 17
11% Jan
5
49% May 3
7% Mar 30

-*

.

*159%

■

Thanksgiving
Day

15%

15%

xl5%

*89%

91%

11%

11%

11%

-

*6%

loo

*96

6%

41 %

41

6%

40%

14 %

14

^*33% >' 35
*1%

*33%

1%

19%

19%

154

154

*134

138

1%
19
-

15

*30%

Eureka Williams Corp
Evans Products Co

99%

°4%

No par
:

30%

*98

1

...

40%

14 Va

13%

14%

34

*33%

1%
19%

1%
-

19

*96

'
-

6%

.

155
138

2,900

'

33 Va

;200

/

*33% •34

1%
-

1%

1%

1%

18%

1%
19%

14%

19%

18%

18%

153

*135%

•

154

f.-.

200

50%

49%

50%

'49%

49%

*15%

15%

15 Va

15%

*15%

15%

15%

400

20 %

20 %

20 Va

20%

20%

20%

15%
20%

21%

3,100

56 Vi

57%

55%

55%

56

56

55%

55%

900

45 Vs

*44

.

1,000

*44

45%

*44

67%

67 V,

67

67

67

67

14V4

14V4

14

Va

14%

14

14%

11%

11%

11 Va

11%

11%

11%

14%

14%

14%

14%

14%

30

30

30

30 %

*44

45%

68

68

V

500

14

14%

2,300

11%

12

1,600

14%

■r

•

45 Va

14%~

;

800

29%

30 Va

30%

30 Va

*98%

99%

*93%

99%

*98%

99 va

*98 %

99%

4%

4%

4%

4%

4%

4%

4%

4%

4,500

15 Va

xl3 Va

13%

22,700

*55

56

*61%

66 Vi

*61 %

66%

4%

4%

4%

4%

8%

1,100

138

£0%

66%

*4%

151

137

*

*

11,200

51

57

*37

1,800

■

151

,

138

14%

*

;

14%

*61%

3

',

14%

*54%

1

4

600

-

t

14

'

15 V*

2.50

'(i

———

33%

.

66 %
10 %

■

.

4,600

55%

Va

6 Va

•

41 Va

15%

10

6%

'

•„

1,100
*'

'

•

40%

55 %

5

100

40%

*61%
5

'

1,500

-

40

34

*135

100

50
5

Corp

40%

6%

*

-

•"

100

5

Exchange Buffet Corp

5

41%--

6

-*152

14%

Co
_lo
Endicott Johnson Corp common__25
4% preferred
100

*96

"•

6%

•

155

15

Empire District Electric

100

%

■

138

11%

*11%

6%'

*96

•

*152

14%

4

5

100

*135

68%

RR Co

3,700

15%

91%

11%

*

:

.

20

*89 %

No par

common

10,900

67%

15 %

No par

preferred series A

2,100

m

43%

12 Va

3

Bldg

•

162

65%

.,■■ •

91%

14

Ex-Cell-O

*

64 %

11%

'67

Eversharp Inc

43%-

CLOSED

4*%
162

15%

;

.

Pittsburgh

64

i.

8,400
500

*89%

3

RR

162

64

14'/a

2,300

16

45%

&

43%

<

165

64

14

•

16

11%

60

5%

•

*162

63%

EXCHANGE

"

*

14 %

16

91%

21%

Erie

44-

14%

19

14

1

STOCK

11%

*44

Erie

13%

•

■

*15%

*20%

16% July 12
65% July 15

14%

18%

14%
16

•

*89%

*56%

68% Apr

14%
16

i

.

VA

',

11%

50

14

43%'

.

164

16

19%

15%

50

11

13%

19%

14%

91%

conv preferred
preferred

59

*16 Vb

19%
-

15%

Paso Natural Gas
Emerson Electric Mfg Co
Emerson Radio & Phonograph

Office

14%*

*89%

5%

50% Feb

17%

common

El

Equitable

Xl9%

*11%

5%%

Co

44 k

-

"

2.50

15%

5

14

63%

*15%

11

Sep

164

15

9 Vb Feb

Feb

43%
*

^63%

lo

4% Jan

Mar

165

common

Feb

85

1

63 %

Elgin National Watch Co

Dec

67

*

Elliott

4%

Nov

*160%

50%

12%

7% May

14%

44

50%

Dec

63

14%

-

50%

Dec

47% May

14%

14%

No par

3%

4

17

'

J...100

common

Electric Storage Battery

8%

6 % Nov

16%

44

Convertible preferred
-..No par
Elec & Mus Ind Amer shares
Electric Power <fc Light com__No par

6

Jun

17

*13%

74% Jun 14
49
76

■

.4

preferred

13

14%

*16%

b

common

preferred

55y4 Feb

20

14%

Electric Boat

$6

6

19%

»14%

*96

$7

"Jan

20%

14%

4%% preferred.___________._ioo
Elastic Stop Nut Co
1
Electric Auto-Lite (The)
5

26

27% Jun 14

-

10
100

preferred.

21

9

20 %

1

A6

Manufacturing Co.

Oct

Oct

38

^

preferred

Oct

56% Jan
17

7

59%

9% Mar 18

11% Dec
27% May
102
May

l

2% May 24
23% July

Feb

14

Jun

.

16% Oct 21

57%

19 Va Nov

2

Jan

156ys

24% Mar

17

8% Jun

Dec

10

Jun

106

Jan

Dec

10

Inc..

Dec

16%

47

46% May 15

Co

Airlines

25%

Feb

135%

157

-

Eastern

57%

65%

Dec

8

Eastern Corp common
Eastern Stainless steel
Corp
Eastman Kodak Co common

*

50% May
10% May
2

1

22% Jan

10

48% July
198% Oct

Eagle-Plcher

19% Nov

24

Jan

4% May

145

Nov

25% May 27
20% May 18

4%
10%

15%

5

10%

14%

10

8%

8V1

8%

8 Va

38%

36%

36%

*36%

4%

4%

4%

*4%

%

55

10 Va

9%:

8%
37

%

4%

8

36
■

4%*

_

4%

13 %
54%
*61

-

*4%

i
.

*9%

r

8

8%
36

•-

*

14

55%

10

1,100

55

500

66

—

4%
10
-8

Va-

-4%

2,300

35%

%: *4%

.

—

1,000

35%

»

—

2,100

.

;;.

400
300

»

•

COMMERCIAL

THE

4755

Number

Volume

STOCKS

Ranee for Previous
Year 1947

Highest

f per thare

S per share

Monday
Nov. 22

Par

Nov. 23

$ per

$ per

8 per share

thare

Thursday

Wednesday

Tuesday

Nov. 20

$ per thare

$ per share

17

HIGH SALE PRICES

AND

LOW

Saturday

EXCHANGE

Lowest

(2237)

CHRONICLE

>r.

t

STOCK

NEW YORK

Range since Jan. 1
Highest

.

Lowest

& FINANCIAL

Friday

the Week

t per share

$ perthare

perthare

sales for

Nov. 26

,

Nov. 25

Nov. 24
1

share

Share»

F
60

Jan

Jan

31%

May

25 Vb

10

Fairbanks

33 % Oct

28

28% Oct

29

Apr

14

May

9%

Feb

5

Nov

24

11%

Dec

14%

Dec

11

Feb

11

'38%

39 %

*38%

39'A

'17%

18

Federal Motor Truck

No par

6%

6%

6%

Federated

5

-.27%

27 %

26%

27

26%

27

91%

90

91

90%

90%

Jun

3

9% May

14%

5% Nov

24

28% July

20"% Feb

10

31% May 14

Feb

9

4%%

15

99% Jun

Dcpt

Stores com

10

24% Sep

7

Felt & Tarrant

26% Jun

B

Ferro Enamel Corp

Feb

20

'91

100
5
1

preferred

18% Mar 17

Feb

26%

Dec

14%

14%

Mfg Co

20% May

26% Jan

46% May

59% Feb

53% Feb

28

69 7/» Oct

26

Fidelity Phen Fire Ins N. Y

42 %

61

43

Feb

11

53

Jun

29

Firestone

'20%

22

100

5%

19,900

14%

7,100

38

38

,

*16 Va

tfv

600

200

17

5%

.

2,100

1,900

5%

2,800

26%

27%

26 %

26%

4,300

90

90

*90'A

91%

220

21%

*21 '/a

21%

100

21 Va

*21 Va

22

300

21%

21%

21%

21%

21%

Day
"■

6

57/a

*21 Va

*21 %

21%

21%

*21

21%

'21%

23%

14%

17%

17

6%

6

29%

Thanksgiving

39

*38

17%

17%

6%

38%

*23
5

14%

14%

39

*38

18

17%

38 V8

*29%

5%

5

5%

5%

12 Vb May 18

20

CLOSED

14%

43

Mar 11

90

EXCHANGE

23%

5%

16

Jun

STOCK

29 Va

23%

14%

35% Feb

107%

38%

29%

24

5%

Feb

Apr

38

29%

*23%

14%

23

July

Dec

39%

*29 %

24

5%

16

Oct

42% Mar

19

38%

29%

*23%

14%

16

23 %

97%

39

29%

24%

Fedders-Quigan Corp
—_1
Federal Mining & Smelting Co
2
Federal-Mogul Corp
_5

11% Jun

Dec

May

39

29%

5%

20

16%

Co

20% May 22

~4%
32

40

29%

'23%

Fajardo Sugar Co of Porto Rico—20
Falstaif Brewing
Corp
1
Farnsworth Televis'n & Rad Corp—1

Nov

38

&

40

54"% Jun

Feb

Morse

No par

24

26% Mar 17
20

44

*

Jun

104

107% Aug
62% Dec

Sep
51% May
14% May

24

Feb

103% Nov
14% Feb

20

20% Aug

9

39 %

Oct

29% Nov 24

42% Jun

14

Dec

110%

Feb

97% Oct

30

May

41%

Jan

30

13% Feb

Jan

Dec

May

9

40%
15%

Feb

21

23% Feb

9% Mar 17

110

Dec

Food

47% Jun 14

10

Nov

19%

23

56

53 %

53%

*17%

17%

17%

17%

17%

17%

17%

17%

31%

31%

x29%

30%

29%

30%

29 VB

30

29%

29%

98

98

*97%

100

31%

32

31%

31%

13%

13%

12%

13 VB

13

13

25

24V4

24%

'32

—7%

'13%

13%

13%

13%

13%

'13%

13%

13%

13%

13

13%

25%

1

—

25%

25%

11

11

8%

22

Jan

10% Nov

50%

Feb

8% Aug
9
35% Feb 13

Jan

10

39

,17%

11

33%

32%

33

86

85

86

86

*87

88

87%
25%

26

12% Feb

16% Nov 23

Feb

43 %

Feb

29

Dec
Oct

109

Jan

58%

<149%

Dec

11

Dec

Dec

Feb

8"% Feb

28

13%
185

Apr
1
9% Mar 17

Jan

8

May
Apr

37

Sep

47%

23%

Dec

33

Feb

Dec

160

Jan

137

'

14%

39%

May

87

Dec

24

24

Jan

34

-

Mar 19

87% Nov

Aug
16% Mar

Jan

Jun

54% July

43

May

123'

Dec

100

Dec

131%

14

13%

13%

13%

16%

16%

16%

16%

♦16%

17

6%

6%

6%

6%

5%

6

*29%

30%

29%

18'

18

18

17%

17%

2,600

15%

15 Vb

15%

15%

15'A

-3,400

*103%

104%

*103%

104%

-

*103%

104%

46%

46%

46%

46%

45%
,

*100%

102%

9%

9%

51%
120%

Dec

p

'.

Dec

11%

76%
30%

20'A

20%

Inc com—No par

Foods Corp com—.-No par

General

8
2

17

*90%

General Instrument Corp
General Mills: common

25
2

5%

3

3%%

preferred
conv preferred

Range since
'

Lowest

t per share

'

119

Oct

93% Feb

.

,

16% Feb

24

2% Feb

13

Jan

11

Nov

Feb

19

Nov

9

Feb

120

Sep

15

6%

29%

Feb

17

Oct

22% Feb

9

Jan

24% Nov

15

Jan

110% Feb

13

Dec

35%

19%

Apr

30

Feb

23% Aug 11
22% Feb 11

95

Dec

106

Apr

98% Apr

Jan

2

»

50%

—No par
Preferred $3.75 series—
;Nq par
Gen Outdoor Advertising—No par

♦121%

14
10

General

Gen Steel

General Telephone Corp—

29% May 18

Feb

20

Nov

26

30

108

Jan

80

Nov

3

98

Feb

72% Jan

23

May 12
82% May 19

36%

Dec

27% Feb

13

-39% May 21

105%

Jan

89

Nov

15

Jun

17

*80

—100
100

preferred
preferred——

4%%
3% %

24 3A

*25%

25%>.;<13%

,12%

13%

3%

24%
25%

23%

*80

83

*72

76

.

24%

25%

*24%

*72

*72
4

•

23% May
90

Dec

96% Jun

Gillette Safety Razor

32% '

32%

com—No par

32%

85

30

22%

26 %

Dec

104%
21

Nov

Sep

48% Feb
4

Oct

113

Feb

xlC

71%

Dec

Dec

Feb

Mar

1

0% Oct 28

Mar 10
Nov

10

122

Nov

61%

64 % Oct

941/4 Mar 11

103% Aug
50 % Oct

23

26

Dec

109

Aug

96% Mar 18

105% Oct

4

24

Jan

16% Nov 26

23% Jun

14

-

*49 7a

50%

5%

5%

■

5%

5%

118%

5%
118%

1G%

16 Va

16%

16%

60

*102

103

43

43%

3

May'.

»

8Vb .Oct

3

Nov

10

8% Mar

.

Dec

5% Feb

17

1

-

15% Aug 20

;b% Jan:

Graham-Paige Motors

2

1

—

3%

3%

3

3 VB

*6%

6%

6%

6%

18

Oct

20

M S & P
5
Grand Union Co (The) new—;—10

35

Oct

22

Granite

Granby Consol

8% Apr 23

17

*16%

•

16%

16 3

29%

29%

'

21 Vb

12% May

Oct

Dec

33

Jan

90

Dec

107

Mar

9

May

18

23%

14 V.

Feb

11

23% Nov

15

31

May 26

Nov

8

99

Jun

15

14% Sep

2

89

Feb

9 Vb Mar 16

(W T)

Grant

3%%

No par

City Steel

297a

29 3A-

"

Dec

12

37%

20

Dec

133

Dec

59

29

Sep

12% Jan

19

49%

34% May

Feb

17

Dec

Feb

36 Va Feb

11

27% Mar
163%
-

May

70

Jan

Mar 27

18% Nov 24
132

Feb

60

Feb

27

57%

13%

Apr
Dec

Dec

57% Feb

16%

Sep

14

see page




24.

Jan

10
2

24'A

23%

91%

24%

24%

24%

24%

91%

*90%

91 Va

*90%

91 %

91%

127a

11%

11%

*12

12%

12

*33

36

36

*33

*33

91 '>

11%

12
36

*32

500

2,900

•23%

90

91%.

600

12
35

14%

2,700

42 Va

3,900

|
I

18%

18%

1,600

>

130

!

23% Jun

l

145% Jun

17

(H

Green

L)

,

Jun

97

Jun

1

& Die Corp..No par

(The)

4%%

3

14

Aircraft

Guantanamo

July 21

$5

conv

73

35

35

*14%

:

18

—1

*6%

No par

*93%

20% Jun

23

Gulf Mobile & Ohio RR com.No par

13%

58% Jun

16

$5 preferred———.—No par

*47%

81 ••

Jun

18% July

21

9

Gulf
>

Oil

Corp

15%

10%
*90

10

Corp

Sugar common

preferred

137

*69

..100

preferred

Grumman

19%

*19

*135%

19

19%

*136

136%

*71

.

35

xl4%

74

136 %

*71

138

*136

138

*136

138

74

*71

74

♦71

74

35%

35%

35%

14%

14'A

14'A

—

Common

4

25% July 12
9'

No par
No par
100
100

Co Inc

Greenfield Tap

13% May 17

76%

"

For footnotes

29

24

18%

98

10

28

24 VB

14%

5

Feb

29%

24

1,700

41%

9

44

28

29%

*117/b

400

6%

16%

*

*9074

i3,700

3Vs

16 Vi»

6%

18%

Feb

12% Nov 24

3

*6'A

16%

14%|

Nov

Feb

6%

42%

10

Dec

t—/

3

16

18%

91

14%

j

600

41%

9

51

6% May
31% May

„

18%

27

7

17%

42%

Jan

Feb

16%

1

100

42

Feb

85

5,700

43 Va

Dec

Dec

200

43

42%

Greyhound Corp

95

,

1

% pfd
Great Western Sugar com
1% preferred
Green Bay & Western RR

17% May 17

May

102

100%

43%

40% Jun

78

!,

43%

77

9

!i

2,900

Gt Northern Ry 6

10

5% Mar

1,800

14%

24

Jan

i

»
,

,

14%

21

8%

!

30

14%

13% Sep

4% May

800

14%

29 Va Feb

-

!

5%
120

14%

Apr

17% Nov 24

200

14%

21% Mar
12

i

1

14%

35% Aug

105%

42 %

1

100
-

49%

100%

28

36

5,200
2,800

80 Va
.20

60%

102

4,900

•'

18 Va

<■ ■

5

*33

32'A

91%

$2.25 conv pfd———No par

Dec

Dec

.

6%

r

Gt Northern Iron Ore Prop—No par

Oct

July

4

3'/a
17

'

July 14

40

14%
9

6'A

;

15% May 21
50% May 15

29%

92

3.,."
17

~t'

1,200

r

16 %

17%

*17-

18

100

20 Vs

60

-

43%
101

.—100

Co common

preferred

Grayson-Robinson Stores com

^

28

.

60%
103 yB

*100

101

17%

18 Va

*18

18%

*100

60

42%

280

1,100

104

16%

16%

*102

43%

116 %

121

16 V.

103

43%

101

*100

102

18%

*102

102%

42%

5'%
*

*117

60%

60%

102%

43%

*100

16%
61

60

60

No par

120

'118

121

5 Va

•

5%

497b

50%

com——No par

(B F)

preferred

*77

19%

21%

*16%

$5

18%

18%

*21

Goodyear Tire & Rub com—No par
$5 preferred
No par
Gotham Hosiery
No par

11

38% Mar 17

31%
'90

21

*49%

*118%

Goodrich Co

47 Vb Mar 16

20

80%

22 Vb

10

Inc

18%

50 Va

*

400
t

76

x22

5%

1,300

24%

*102

91%

20 VB

20

2,600

83

*77 ,■

18%
79

24%"

*72

x50 %

5%

preferred————50

18%
79

4,400

-

24%

*80

22%

*49%

conv

18%

1

70O

12,700

25
126

76

22%

1

4%%

Goodall-Sanford

Feb

*78

80

50%

Goebel Brewing Co—1—_

1

13% May

'

(The)

18%

19

18%
*78

Gold & Stock Telegraph Co——100

1

24% May 17

July

106

Glidden Co

38

No par
com——No par

preferred

$4.50

3

27

5

Gimbel Brothers common—

May 15

May 18
55% July
6

19% Nov 10

Feb

''

95

85% Jun

33

Jun

41%

25

10

124

Jun

99%

14

Nov

7

.

Dec

49

17% Feb
78

58

51% May
*5% May

.

Feb
Jan -

103

Dec

^

22

24%

31% '<32%
*90

91%

*90

%

80

'

17% May

32%

32%

32%
91

*90

91%

*89%

No par

$5 conv preference

2

^

125 Va

83•

,/

4,800
6,000

24%

125%

*

20%

*80

:
"

14

4%

25
,

■;

11 %'

4%

/

1

900

.

3

3

~'-11%

Day

700
600

:

"

..v

,

104

20%

83

-

25%

*102

76

"

X''13%

4

36,100

,

13% ;
25%

24%

25

25%

*80

«

21

126

25 Vb

76

•

25%

25%

21

I

-

25%

25

125%

104

*

96

*123

4%

4%

20%

>

123

4%

102

:.;.i3%
■.w.

v

Thanksgiving

Shares

57%
122 Va

T96

-

21

29%

*24%
*

•

CLOSED

■

.<

-

122%

11%

11 Va
123

126

57

EXCHANGE

3%

•

share

-STOCK

,

13%

Sales for
the Week

tper share

122%.

96%;« 96%

25%

11 Va

.

'

-

\

58%

.25%

%

21

126

83

•

*72

: !■ -

1*24

*25%

25%

there

122%
,

25

$ per

Friday
Nov. id

Thursday*

>

-

'3%

24%

24%
26

$ pee

,13%,

4%

21%

21

210
200

57%

13%

11%

104

*102

21%

122

105

;

96%

20%

25

*24%

25%

122

105

New 34

122

124

126

25

50%

122%
105

58 Vs

.

1,100
2,600

105 '

share

96%

9Va

49%

.

122

105

*3Ve

4%

126

-50%

100

9%
49%

9%

9%
50

•T23

13%,

llVa

4%

104

*21

92 VB

95

*B1

'

9%

,25%,

20

25%

*102

92 Vb

95

,13%

125

25

25%

,

:

11 Vs

25%

*25

Corp com—-No par
preferred
100
Gen Tire & Rubber Co com——5
4%%

90

Nov

7

Gen Time Instr

6
15

Dec

.20

3,300

122
•

.

3 Vb

20

127

*126

25,600

38%

58

13%

*123

4%'

24%

1

.—__—

Castings $.6 pfd—No par

37%

t per

3%

11%

25%

No par

Refractories.^

General Shoe Corp

23

36%
37%

Nov. 23

A

20

10

131

*128%

37%

38%

*

59%

125

♦4%

900

36%

LOW AND HIGH 8ALE PRICES
Wednesday.:
Tuesday
t

.13%

3%

20-

800

19%

38

*103%

25%

25

14

*123

—

29%

37%

•122

14

*13%

26

3%11%

Public Utilities

6%

12

81

..

Gen Railway Signal

31% Jan

85

•

76%

19%

39%

50%

50%

96%

96%

-96%

140

75%
,

131

*128%

131

6,100

1

*28'A

19%

122%

122

122

14

25%
.13%

1

Equip Corp..<—No par

Corp———5
com—No par
preferred
.100
Gen Realty & Utilities————10c
Gen

•

14
■

Geh Public Service———10c

132% Oct
30% May

96%

Col—1

Cement

Portland

General

Gen Precision

24

29
May 18
128% Jan 29

101% Oct

58%

122%

preferred

30

9%

$ per share

t per share

59%

$5

76%

xl9%

Nov. it

Nev. 2U

59%

6% May 24
30% Jun 14
'

Par

76%

*29%

20%

*91%

%

Monday.

Saturday

Corp com..——10

9%

30

107

121%
*103

107

General Motors

Nov 20

15% Jun

„•

'•

-

>

9'A

'

121% t*

1

9%

37%

94

9%

1

,

4% May 21

.*

*

<

EXCHANGE

18% May 27

11

36%
124%

40 %

26
•

4% Mar 11

Apr

21% May

<17% Jun

11

12% Nov

Feb

Nov

99% Jun

12% Mar 17

*

NEW YORK STOCK

-

125% Jun

17

May

26%

.

Highest

66

7

Feb

140

3% May
18 % May
101%

Jan. 17;

'

$ per share

50% Mar 16

31%

Oct

,,26

-

16 %

May

*91 %

•

50 % <*

50%
121%

9%

9%

600

10%

38%

39

9%

♦103

10 Va

77

*128

VB

38

38%

94

*9%

10%

20

128

37%

38%

38%

No par
i__ 1
-JNopar
100
—100

$3.50 preferred

Jun

20%

128

10%

30

'

38

37%

Co_u——No par

Electric

30

*76%

76%

30

20%

128

*126

—100

preferred—-——

7%

General

76%
...

159

*157

159

1,500

9%

9%

10%

9%

10

9%

10%

10

com—No

-100% 103%

9%

*157

159

10%

•

.

2,700

46.%.

45%

46
45
*100%- 103 %

9%

105

*104

105

*104

46%-

*157

11

*10%

11

*10%

159

*157

159

*157

30%

General Cigar Co

13% Jun

4%

.

9%

*75%

Oct

Jan

26

.

Dec

19

Sep

20% Dec

^

2% May

125

Mar

19%

Oct

13%

•

9%

STOCKS

Feb

107 %

94
Dec
13% May
18%

-

129

9%

100

Jun

..

65%

*100%

*9%

par

'53

$ per share

Jan

102%

102%

5

preferred—

1st

'

I per thare

*100%

No par

preferred

108

-

500.

29

15%

128% Jun

-

500

.

4,100

5%

5%

17%'

13

•

Highest '

16%

16%
*28

29

29

29%

"

18

10

Year 1947
Lowest

6

15 3A

Range for Previous
-

*13%

1
-

4Q0

13

17%

25

•

2,500

15%

Feb

97

.

400

...

15%

40% Feb

Feb

10%

40%

•*12%

13%'

14

118% Feb

Feb

xl22

*

-

16%

'

'

400

IOVb
40%

10%

41%

40%

17%

28

96

41%

42

4% conv 2nd preferred———50

2

41

9

Mar 13

9

10

41%

6%

4%

' May 27

43

10

40%

12.700

7%

17%

15%

21

Jan

144

10%
42

16%

General Cable Corp.

July 14
Jun

r

*10

10%

14

$8

15

9

17%

17%

10%

280

500

7 Va

17%

18%

3,900

-

7

*6%

'■

7%

*17%

7%

500

79%

'•

7"

7Vb

18

6%
18

900

\

17%

44% July 15

Nov

6%

No par

Co—

General Bronze Corp

3

82

18% Sep

7

6%

42

$4.25 pfd series A———No par
Baking Co common.
5

3

31% Mar 11

6%

79%

•6%

7

*6%

7

6%

,

10%
22

79%

22%

78%

17%

General

10

X125

103

Dec

10%

■

78

.

$4.50 preferred
——100
Amer Transportation—_5

72% Sep 23

Feb

45%

34% Dec

Nov

9

22%

78

600

.

30

1

Jun

14% May

22

79%

*78

10%
22

11'

22%

*10%

General

29% Nov

83% July
Feb

'

32

Feb

159

80

42%

1,200

8%

42%

427«

42%

*107/B

22%

22%

23

12%

•*. 8%

.•

260

24

30

May 12

'

11

♦23

'

,

1,800

General American Investors com—1

11% July 13

146

July

18%

106

6

11

-270
-

*11%

4

8 %

8 Va

8%

*17%

>

63% May 15

10

71

'

13

42%

11

—1

com

25%

4% % conv preferred-———_50
Gaylord Container Corp—1.66%

May 20
26% May 4
18% May 15
105% Jun 30

99% Mar 24
43% Nov
100% Jan

(Robert)

88

25%

i

Wood Industries Inc com-—1

Gar

45

24

-11% Feb

Oct

102

Oct

Nov

16

9% May 20

17% Nov 10

16

Dec

9%

11

23%

Apr

xlOl

27

Feb

Dec

9%

Nov

48

Gardner-Denver

48% Aug 19

9

5% Feb

5

42%

11

7

17% July 21

Aug 19

42%

11

■

8%

6%

23% Jun

Jan

12

42%

1

6% preferred
;
—20
Gamble-Skogmo Inc corn————5
5% conv preferred—
T—50
Gamewell Co (The)—No par-

20

9

8%

80

Gair Co Inc

86

12

117/b

12

11% *•

8%
42%

22%

Gabriel Co

(The)

12

11%

8%

42%

100

:

*23

11%

*10%

10 % May 22

9

Nov

preferred

1,900
4,700

86

..

4

24

*23

24

*23

24

*8%

common—'—1

Co

24

25%

11%

10% May 21

Nov

17%

14% May
10% May

4

17% Nov

22%

4% July
26% Aug

Aug

4%

26%

2,100

10%

87%

25%

88

26

6,6Q0
...

88

86

88

10

1,900

32 »/a

'

86

26%

13%

400

'

32

88%

-

32

•

90

Co

?ruehauf Trailer

5

11

33%

33%

*23

<-25

No par
—1
Freeport Sulphur Co
____10
Froedtert Grain & Malting Go Inc_l
Sugar

10%

'32%

26%

1,300

A 10%

11%

*10%

87%

4,300

31%

13%

"

'

1,100

-

100

*31

'

32

Franklin Stores Corp—

47% Oct 22

6% Sep 21
6% Sep 27

39

12% May
14% May

Francisco

12% May 11

18

Sep 28

10

7

6% prior preferred-

5

May 15

74

Jan

Corp

10

84

Oct

21

Feb

3% 1o

Foster-Wheeler

24%

25%

*97 %

.

*87

Corp__ 10

100
__100
common—10

16% May 21

12

24% Jan

Feb

10%

Mar 16

17% Mar 12

Jan

103% Mar

Dec

100

13

25% Jan

Jan

5% May
18% Jun

>

Sep

pfd—
preferred
conv

25%

25%

11

10

Chem

&

32%

*32

32%

<

'

100

*98

100

'98

x54

55%

'55

13%

Inc—

Machinery

3 %%

21

90

22

Dec

Jun

38% May 21

25%

Dec

77

105

82% Nov 10
24% Feb 27

Dec

26%

36% May
11% Nov
18%

July

32%

May
23% May
12% May

85

54 %

103 Va

*54%

18

'

91

104%

44

55%

Corp

Food Fair Stores

12% May 24

Nov

29

Steel

Follansbee

12

1,700

104 %

*65'A

104 y8

...No par

Florsheim Shoe class A

40% Jan

11

*103%

100

44%

*103 Va

66%
45

44%
*

18"

Power Corp..

Florida

6

45%

104%

65%

Va

104%

*65%

65%

44%

55%

No par

1

21% Jan

12% NOV 24

103 %

65%

'103%

No par

—.

Florence Stove Cc

15% Jun 24

Jan

Aug

*

100

(The)

preferred

$4

May 27

*65%

45

45

Carpet Co
No par
Flintkote Co (The) common—No par
Firth

36% May 26

24

May

14%

X104

7

Feb 26

17%

Dec

18

July 12

66

45'A

66 %

*65%

No par

First National Stores

59 %

Jan

99

10
25

Rubber com

preferred

4V2V0

7

49% Mar 16

21 %

May

13

107% Jun

18

Tire &

—

25

Gulf States Utilities Co—.—No par

65%
17

10%
.

92%
18

6%
95

10%
*90

17%
*6'A
*93 Va

35%

10%

10%

10%

10%

92 %

*90'A

92%

♦90%

18%

17%

18%
6%

18

6 Va

6%

36

14%

14 Via

14%

300

10%

10%

10%

16,700

36
*

*14

6

92

17%
6%

95

93'A

93%

13%

12%

12%

48'

47%

48

47

47%

46 Va

: 65%

64%

65%

64%

65

16 Va

17

16%

65%
17 Va

16%

17

17

*13%

2,700
900

6-6

13 Vb

*93%

92

17% ' 17%

13%

13%
46 Va
65%

13%

*90%

♦93 %

95

2,900

35 %

94

13 Va.

11,200

65

47%.
66%'.

12,100

16%

17

*46%

'

j
:

20

.

500

:

9,700

<

18

(2238)

COMMERCIAL

THE

YORK

NEW
Range for Previous
NEW

Range since Jan. 1
Highest

Highest

I per thare

FINANCIAL

STOCK

RECORD

Saturday

Monday

Tuesday

Wednesday

Nov. tt

Nov. 23

Nov. 'v4

t per share

$ per share

LOW

STOCK

YORK

EXCHANGE

Lowest

Nov.

Par

$ per share

1948

Monday, November * 29,

CHRONICLE

STOCKS

Year 1!>4 7
Lowest

&

$ per share

t per share

PRICES

IIIGli SALE

AND

$ per

share

for

Sales

Nor. :!'i

Nov. 25

$ per share

$ per share

Friday

Thursday
$ per

the Week

Shares

share

H
32 %

Dec

39

Jan

14

Jun

19 V*

Feb

13

Dec

19

87%

Dec

112

Feb

31

35 % Oct

15

Hackensack

Water

22

10

lo

Halliburton

Oil

15%

102 %

Dec

19%

Apr

148 %

Nov

12%

Nov

10

16% May 22

Jan

12% Nov

10

xl4% May 21

Feb

79

Oct

Jan

28 % May

39%
10%

Feb

100%

24

Apr

6

4% May

23

Nov

Jan

12

16"

Jun

27% Jun

9

150% Jan

28

34% May 15

24

5% Nov 24
64

»ep

7% Jun

4

24

79

Jan

5

6% Feb

11

10% Jun

11

Oct

9%

Nov

Feb

12

May

107

146% July 30

Jan

6% May
76 % Dec

89

10

21% Feb

Dec

160

Mar 22

Xl01% Feb

108% Sep
27%

9

6%

Feb

11

11% Jun 10

25

Dec

35%

Jan

22

May

30%

Jan

20% Oct

28

27% July 12

P<i

Dec

103%

Apr'

78

Jan

27

91

Jun

25

35

May

42%

Feb

35

Nov

24

42

Jun

2

xvo

Dec

95% Jan

23

103

22 % Nov

17

108

x20

July

Mar 10

35

14% May

50%

63

Dec

134

Mar

Dec

38

Sep

Oct

V2

118

134

10

43% Nov

Feb

24

1

13% Nov

Feb

Sep

126
29

22%

Nov

26 % Jan

10

121

5

May 28
Oct

30

35 % Oct

29

22% May 21
57% Apr
6

Feb

21

128 % Feb

2

25% Oct

16

30% Apr

10

29% Jan

10% Jun
26

13

Nov

24

Oct

7

86% Jun

25

x9% Nov

17

14% Jan

2

14%

Jun

Dec

Mar 22

33

Nov

12% Nov

31%

Apr
21% May
14 % May

Dec

x29 %

22%

17

Nov

78

Sep

17
18

20

Sep

114

Jan

21 % Feb

20%

Oct

25

May

28

Jan

Mar

11

123% July 27
27% Jan.

1

37

5

Jun

1

25% Jan

13

Oct

2

28% May 20

2

'%

5

28

12

29% Oct

25

42% Feb

Jun

29 % Nov

22

36

Dec

24% Nov

26

%

Jan

<M A)

6%

Jan

20% Dec
31% May

24

3% %

1'ic

Wj

*83

*33%

97%

*97

97%

*97

98

*97

98

*97

*23

241/4

23 %

*23%

23%

Inc

5

23

Jun

7

Howard

47

Jun

9

Co

10

27

5
May 17
14% Jun 16

5%

Hudson
Hunt

Foods

Hupp

Corp

Lowest

$ per share

$ per share

*11%

12%

100

20%

20%

1,400

23%

27 t

26 %

26%

*26%

27 %

2.)%

30

29%

30

29%

29%

29%

20%

30'%

30%
25%

11%

v

*26

50

32 %

11%

32'%

28 %

*27%

32%
-28

85

84

84%

45%

46

45%

46

29%

29%

29%

29%

May

39 %

Aug
Dec

30% Apr 27
27% Mar 16

35% Jun

32%
64%

Dec

62% Feb

90

93

Jan

97

Aug

95 % Mar 16

15

Jan

26%

Dec

24% Jan

24

July 13

97% May 17
37% July 12

22

6%

Leased lines
RR

stock

16

5%

*11%

47%

47%

47%

13%

14

13%

12

11%

12

2%

26% Aug 11
9% Feb 11

30
May 26
3
12% Jun

Illinois

Power

Illinois

Terminal RR

20% Feb

17

25 % Jun

9

Indianapolis Power & Light—No

7% Nov 26

15% Jan

28

39

Feb

10

56

Feb

150

Feb

10

Jun

3

76% Jun

58% Nov 24

11

100

Monday
Nov. 2i

Industrial

Co

32%

Apr
12% May
6% Sep

100%

Dec

3

May
9% May

42

$ per share

8'/a

108

Mar

'

Dec

*96

98

27'%

27%

27% 127%

9%

9%

27 %
10

21%

9%

21%

21%

20%

10

9%

9%

8%

42

42

42%

42%

60%

60'%

60%

t

,60%

42

42%

2,100

59

58%

60

3,500

Interchemical

Interlake

6
May
22% May

76

Dec

10%

Feb

34%

Oct

96

10

155

Nov

1

Int'l

Business

27

x34% Jun

11

Int'l

Harvester

18

174% Jun

11

9% Jun

24

38% Jun

9

160

Oct

5% Nov 26

23% Feb

Jan

74

Feb

11
9

3%

Dec

5%

Feb

3 % Mar 16

25%

Dec

36%

Feb

24% Mar 16

130% July
38% May

94%

Dec

137

Dec

135

Jan

2

59%

Oct

42% Mar 17

107 »/8

Sep

86

Feb

28

9

May

16

Feb

6% Nov

104

Dec

116

Feb

69% Nov

24

24

v

93

Jun

3

5% May 20
34% Oct
139% July
64% Jun

23

14%

14%

14%

14%

14 %

No par

14

May 20

preferred
Mining

29

52%

5%

preferred

24

64

Jun

2

International

22

45

Jan

12

International

55%

56.

9% May
9% May

Mar 12

65% July 12

International Silver

Mar

35

7% preferred
2.
25
International Telep & Teleg—No par

17%

Feb

8% Nov

26

16% Jun

24

17%

Feb

9

24

16% Jun

24

Apr

26%

Feb

20

May

27%

Oct

17%

Jan

6%

Dec

Aug

Jun

19%
80%

158

Dec

89

Dec

37

Jun

108%

f*!

Sep
Dec

19% Nov
82

tan

Aalt ^
% Oct

145

Dec

34% July
Jaa

151

Dec

27% May

Interstate

16

145

10

$6

May 27

Jacobs

23'% Jun

14

92% Jan

30

48
99

May 28
May 11

42% Jun

1137/8 Jun

19

99'% Oct 28
Jan

29

29% Mar 16

88%

Dec

101/8

Feb

83% Feb

6

25%

Jan

40 %

Oct

30% Nov

3

35

106
158

Oct

11

9
28

May 21

Jewel Tea Co Inc

3%%
Johns

34

33 %

100

6%

6%

6%

500

69%

*69%

60

*57

69%

71
60

*57

40

39%

40

39%

56

55 %

56

*54%

34

•*33%

34

34

14,300

80

70

GO

60

39%

1.000

56

1.400
100

34

9%

50,600

9

9%

7,800

*20%

21%

*26%

21

27

*33%

>

34%

*26%
33%

145

'138

21
27

33%
145

*20%

26%
*33%
139

6

5%
*19%

*44%

45'%

*44%

45%

*92

93%

*92

93'%

.

39%
*108

5%

39%

37%

112

*31Tb

*108

32%

31%

39%
113

85

*26

26%

300

33'%

33

33%

600

*138

31%

5%
20%

84%

i*

46

441/4

44%

*44

44%

94

*92%

93 %

*92%

93%

38%

31'%

100

100%

100%

155

155%

155"

155

160
33

32%

*85'%

87

*85'%

36

36%

35%

32%
87

36%

31%
*85%
35%

5%

5'/a

84%

110'%

•

32%
87

36%

x36%
*109

30%
*99
*153

31

*85%
35 %

5%

10

145

*19'%

100

32%

*138

5%

101

*155%

145

20%

*92'%
38 %

200

26%

33%

*44%

*108

21

26'%

133

20%

20 %

20%

261%
34

85

32

*

21

*99%

Chicago RR stamped—_100

1

92 "4

8%

86%

Co

92 %

9%

Joliet

Manufacturing

95

9%

Jones & Laughlin Steel com—No par

Joy

52%

9

21

100

138%

51%

8%

*20

preferred series A

*137%

52%

9%

23

5%

30%

138%

51%

9%

11

1

52%

9%

*84%

:_100

18,100

29:%

*137%

138
'

9%

5%

No par

4.100

9%

86'%

preferred

3%
30%

29%

10'8

21%

_100

100

3%

*70

9%

Jun

16

*33%

80 %

3%

9%

5%

preferred

3%

9 %

397/a Oct
93'% Apr
43'% Jun

56

*84%

common—12%
2nd preferred series A
100

&

.

*20%

Johnson & Johnson

4%

56

*

34

*39%

*55%

•

*57

40

1

Manville Corp com

3%%

*69%

60

39%

No par

.No par

75

31%

30%

*137'%

pfd__100

com

75

3%

3%

9%

1*138

(F LI Co
Jaeger Machine Co—„•
Jersey Cent Pwr & Lt 4%

80

*73

9%

.No par

preferred

3.500

9'%

—No par

Intertype Corp

May 25

20

145

Stores

*32%

Island Creek Coal common—„„50c

3

20% Feb

'

Dept

•

No par

26% May 27
35% Jun 14

100% Feb 11

ojt/

ctfs

39% May 20

May 15

33% Sep

share

1

39% Feb 18
89% Oct 27

46

112

9

Foreign

9

5'/b Nov 24

24/2 July
Feb

Dec

24%
98

Nov

137% Jan

104/2

39% May

Mar

22% Mar
29

143%

Nov

25

common

2,500

27%

6%

71

30

5%

26%

7

*57

43

5%

27%

*6%

*69%

Oct

5'%

28%

5%

*92%

70

580

5%

27

5%
26-%

95

60

.14,500

27%
165%

*92%

7

900

148

27%

95%

7

600

9,800

165 %

*92%

40

Feb

148

147

140

1%

13%

27%

52%

70

par

63%

94

1%

xl3

165%

53 %

40

^No

40

19

31 %

138

*68

Shoe

*92%

2

14%

26%

52%

No par

Salt

39 % Nov

Mar 31

30%

*137%

3%

—100

.

52% Jan

1,300

165%

27%
166

53 %

7%

Feb

4

80

3%

30%

*7

Dec

Jun

*73

138

Int'l Rys, of Cent Amer com—No par

58%

500

15

'

27

3%

30%
*137%

15

5%

26

95 %

45

*146

3,800

*14%

14%

147

27 %

5.600

8

93

14 %

39%

,18%

7%

14%
*1%

160

7%

92%

14%

165%

*5%

80

3%

*92

Jan

7%

2

146

27%
165%

5%

*73

1

Co com

147

27%

165%

27%

No par

Apr

May

*5%

com—No par

$4 preferred

37%
32

28

166%

*27

100

Paper

147

18

-

165%

<

-100
Corp

147%

27%

100

46%
40 %

147

28%

18%

14%

1%

No par

39%

94 %

14%
*93

1 %

Preferred

July 22

15
93

1%

common

Int'l Nickel of Canada
International

93

2%

Machine.-

International

1

*14%

*155

160

38%
18

.

7%

7%

*1%

Int'l Hydro-Electric Sys class A—25
Int'l Minerals & Chemical com—5

4%

15%
92% '

*155

160

No par

preferred

2

99

107% Jan

7%

15%
92

*155

—_,_No par

Iron—/

26% Sep
Jun

Rubber

700

43%

58%*

23% May 15

preferred...—————100'

1,500

7%

42%

8

%

1,800

60%

24

5

Day

20%

9%
20%

7%

*

43 %

77%

7%

£s%
20%

Thanksgiving

59

*7%

*7%

6.700

27

,

43

Insuranshares Ctfs

Inc—1—— 1

26%

400

210

8%

11

160

9%

20%

.

18

*155

27%

9%

39%

160

25%

8%

18

*155

%

26%

9%

21

38%

4%%

25 %

98

26 %

10

—100

Intercontinental

f 8

*25

*96

27%

18 %

8

*96

CLOSED

98

*26%

39

Jan

EXCHANGE

*96

18

3% May 18
16% May 24

13.500

85

27%-

38 %

103

1.400

29

85

29%

98

18 %

11

32

28'%

32
STOCK

10

Shares

31%

31

28%

25

for

the Week

$ per share

share

85

39%

20

$ per

$ per share

*83'%

18%

12

Nov. 30

84

26%

2,500

Sales

Friday

Nov. 25

29%

38%

Nov

Thursday

32%

,-No par

1% Nov

186%

—

'

PRICES

Nov. »4

84

Inspiration Consol Copper——20

125% Feb
163

SALE

29'/a

1

11 % Feb

4,800

32%

26

92

4,300

85%

Jun

Feb

7 -

2%

13%

32%

47% Nov

15% July

1,400

2'%

*13%

2%
14

30%

21% May 27
8% May 24

common

11%

2978

27%

1

Corp

11%

85%

6% Feb

Feb

11%

*32%

21%

common-—,-No par

Steel Co—

15,800

*96

Mex, S A—_

preferred

13

86

11

6%

12%

30%

34% Mar 10

Inland

2,700

13%

■.

15% Feb

Oct

17% Nov

47%

Wednesday

in

14% Nov

33

10%
47

*26%

par

18,300

6 %

10%

46%

30%

——-—5

Rayon.

De

$ per share

HIGH

AND

Tuesday
tsuv.

5%

514
11 ',4

13%

14

13%

900

2,200

2%

2%

.

15%

41%

86

No par

Co

Ingersoll-Rand

32%

100

--—100

Dec

6

11%

*11%

15%
X41%

13

13%

2%

15%

42%

10%

48

14

13%

3.900

11%

5%
11%

12%

28%

28

46 %

5%
10%

2%

2,900

5%

5%
10%

13%

47

15
,

47 %

2 %

250

*45%

42%

16
43

13%

900

85

29

42%

300

33
28

28

16

1,500
5,700

28

45%

43

.

84%

29

28%

*32'%

.

;

45%

16

$ per share

A—<—1000,.

Jan

.*84%

46 %

*45%

2%

—20

11V4

Dec

85

"

85

28

*27

28

13%

par

common.

scries

Electrica

32%

27%
85

42%

Nov. 20

4%

Industria

32%

'33

*32

16 %

Saturday

30%

July

11%

12

—_1

—

ctfs

12%

13%

pfd ser A—100

conv

11%

LOW

Co

RR

non-cum

25

11%

*47%.

STOCK

Co

Power

Illinois Central

24%

11%

10%

Far

Idaho

26

24%

43

*5%

%00

EXCHANGE

42% July 14

11

%

500

8/100
"

26

26

11%

32%

28
*84

43

i

26

11%

*16

Co_—iNo

■

26%

11%

par

$ per share

18% May
37% May

12%
20 %

27

6.66%

YORK

26%

27

1

Ino-

NEW

Highest

700

1,600

27

Car—«=.—No par

—,

26

25%

13%
26%

27

.—

Hussman Refrigerator

25%

100

33

13%
25%

20 %

———5

preferred

Motor

25%

33

32%
14

14
26 %

*11%

t c—.—25

Corp

non-cum

25%

*31%

14%

14V2

1,100

12%

Hudson Bay Min & Sm Ltd—No par

Range since Jan. 1

Highest

180%

32%

STOCKS

Year 1917

50

*31

14'%

30

10

20%

Hudson & Manhattan common—100

Range for Previous

17

32%

14Vi

9%

10

12%

—5

Howe Sound Co

2% NOV

10

20%

Stores

24

31

12% Sep

10%

13

—

Nov

Feb

*10

21%

1-2.50

Jan

7%

10

*12

Mining-i—

15

8

2,400

*20%

—30

33

Apr

18%
78%

17%

12%

Oil of Texas

19

*18

*78

18

20%

Houston

26

18%
78%

20%

10

11*% Nov

18

*78

xl7%

18%

.

*11%

38% Jun

hi

800

18%
78%

18

10

preferred——

Feb

30

17%

18%

18%

-5

<& Sons—*-——

v

70

78%

14%

Electrochemical

1.000

117%

*31%

32%

80

*24%

28%

117%

10

*31%

;

10

123

*27%

118%

19%

18%

*13%

———5,

%

28 %

*117

118

118

121

28

80

18%

19

j_10

Co

*

28%

2,700

43%

*121%, 123

123'/a

x28 %

1,100

43%

'

*78

18%

19

The-—j.—,— 1

11

14

,

*18%

43%

44%

*121%

116%-. 118

10%

25

22% Jun

117

44

44%,
29

30

14

431/4

13%

35

13%

35

*13%

10%

Oct

26

*34 %

13%

5

Mar 12

12% Nov

35

13%

Hilton Hotels Corp———

38

Oct

35

14

*78%

preferred
100
Houston Light & Power.——No par

21%

35

13%

117

Household Finance coma—..-No par

% May

*34%

121 %

1,000

24

*34 %

15

29

400

98

24

24

35

-.100

Co.—

23%

*34%

:—1

7

4

23%

35%

*14

No par

i

Paper

100

34%

*97

1,900

•

85%

35

2

3

Dec

85 %

35

94% Jun

6

169

*83

35%

34% Jan

Mar

Jan

85 %

46% Jan. 14

Nov

12'/a

22%

*83

preferred,—

3%%

22%

*22%

new.-25

Chemical Corp

Homestake

20%

*22%

22;%

43%

conv

20%

22'%

36

121%

5%

20%

22 %

85%

44%

<A>

20 %

*22%

28%

El

21 %

,_10

$4 conv preference^.—:

300

8,200

-

-

*35

123%

(C

21 %

21%

.

*83

44

Dauch

8%

36

new

preferred

Furnace

8 %

8%

85%

28%

&

20

8

8%

8%

8%.

*83

*121 %

Co

7%

8%

7%

%

*22%

—100

Hinde

*8%

8

;_100

—

preferred

Hires

*8%

*35

Hershey Chocolate com——-No par

Holland

.200

64

25

No par

cum

1,000

5%

*5%

*62%

100

1

Hercules Powder common

Hewitt-Robins

23%

*23

5%

23

18

7

x35% May

20%

30
9-

152

*147

64

64

190

600

22%

8%

*8%

20%

5%

65

*64

65

20 %

19

14% May

*64

5

10

50

5%

600

105

*22 %

23%

23

24%

5%

8%

Oct

3% Sep

23%

1,300

12%

80%

*104

Day-

23
152

*147

152

*147

5%

8

Nov

Feb

65

22'%

23%

,5,000

13%
8

80

Thanksgiving

32%

18%

*12 3

104

104

104

*23

24%

No-par

Heyden
3 %%

*103%

23%

*5%

Motors-—,

5%

*79%

24%

6

*64

104

152

*147

24 %

8%

Nov

20% Feb

J 52

*5%
8

81

49

23%

23%

15

common

non-cum

Hercules

*103%

8%

32

7%

3% May

*23%

—1

Co

preferred

(G

104

*103%

80

80

82

*24

27

13% Mar

15% May

*79%

*14.7

common

3<65 %

Hooker

29

Dec

80

—,—2

preferred
Co common

Helme

1

8% Sep 28
34% Jan 20

7% May

80 %

80

Heinz IH J)

9

Feb

x21

12", 4

Hayes Industries Inc.—-

18% Jun

43%

30

12-4

10

Hayes Mfg Corp.

35% Jun

May

I per share

13%

13

„

38% Mar

May
7% May

Lowest

14%

13

Oct

29

3

12

14%

-—,-100

I

33

14%

13%

Marx

Glass

13

13%

Corp of Amer class A.
1
4% '/■ preferred
.—100

Hazel-Atlas

18

CLOSED

14%

Hat

Hecht Co

EXCHANGE

13%

com—No par

preferred
&

STOCK

18'%

14%

Co $4.25 pfd—No par

Schaffner

Hart

18%

*13

100

Rcfrac

*31%

32%

18

*31 ','2

32%

18%

*14

Sep

105%

May

16%

Hanna

*31%

19%

5

preferred

Harbison-Walk

32%

18%

19%

No par

Printing Co—

conv

*31%.

33

14 %

Houdaille-Hershey com
No
$2.25 conv preferred-—-

36

Dec

37 %

18%

45% Jun
28% Dec

Dec

85

4%

11% Nov 22

19% Feb
56

*31%

Hamilton Watch Co com

Feb

13 '/4 May
44

28

30% Jun

48

25

Cementing—5

Well

Holly Sugar Corp———

14

Jan

Fi

Hollander

15% Feb

Nov

30

<W

29% May 20
16% May 17

25% Nov
35

Hall

19%

.

/

38

86

36%

110'/a

3,800

19%

00 n

100
60
-

37%

100

8,400

109

109

100

*29

.

31%

30

1,400

100%

1

160

*153

*99

100%

30

160

90

32 'a

30%

31%

86%

*85%

86%

36 3

4

x33%

33%

4,400

13'%

*13%

13%

200

,

18,100

K
14

Jun

94

Dec

16

May

22%

Feb

13'% Nov

23

21

May 20

98

May 11

Kansas

108% Mar
29%

Dec

X89

Nov

23% Feb

9

11

48

Oct

22

Kansas

4%

58% July

48% Mar 12

18

Nov

14% Mar 17

20% May
13% Jan

26%

Feb

20% Feb

20

21%

Oct

26% July 13

16 % NOV

10

22'% July 12

footnotes

see

page




24.

60% Jun
18

3.80%

22

47 % May
13 % May

For

Kalamazoo Stove & Furniture

May 22

City

10

13 %

'.

*13%

14

*89

91

*89

City Southern com—No par
preferred
100

41%

40

41%

*54

55

53 %

53%

5

*14%

15

class A_1

*24%

25

*17

17%

(Julius*

&

Co

Kelsey Hayes Wheel
Class

-

100

-

.

non-cum

Kayser

*13%

B

13'%

13'%

13%

Power & Lt Co—

preferred

conv

1

41

91

*89

39%
*53

91

*89

92

92

10

40

38%

40

x37

37%

7,000

54 %

53

53

*52%

53 %

300

14%

1,300

14%

15

15

15

14%

24

24

*24

25

*23 %

17%

*17

17%

*17

92

16%

15

14%

24%

*23%

24

300

17

*16

16%

300

Volume

168

Number 4755

THE

COMMERCIAL. & FINANCIAL

NEW
Range for Previous
Year 1W7

Range since Jan. 1

Highest

$ per share

t per share

52%

Lowest

$ per share

'41 74 Nov

Dec

27%

103

Dec

116%

11

74 May

6a %
25

Feb

Feb

v92

Oct

27

% Feb

19

11

63

Oct

Aug

89

Nov

32

Feb

102'/a
40

59

Kern

20

14% Jun

Nov. :m

$5 prior

16

Oct

40% Nov

12

49

57%

57%

57%.

57%

57%

42'/a

42

42

42%

42%

13%

13%-

13%

13%

13%

13%

*21%

22'

21 %

22

21%

22

98

98

100

*98"

1

*11%

12%,

*11%

13

*65%

66%

*65'/a

66

10

100

57

x55

553/8

20,500

41%

41%

1.400

13%

STOCK

13%

13%

21%

21%

EXCHANGE

21%

21%

1,200
2,000

CLOSED

97

99

97

13

*12

66%

*65%

66 %

Thanksgiving

31%

95%

95%

13

*65%

Day

*97

Shares

xl3%

*11%

%

the Week

t per share

42

for

Sales

Nov. 26

$ per share

58

42

Friday

Thursday
Nov. 25

24

12
*

30

12

60 %

66 %

100

32

32

31'A

31%

90%

91

91

90

91

90 Va

90 Va

89%

90%

35%

35%

36

36%.

35%

36

35%

35%

35%

36'A

No par

55%

55 %

*55%

56

55%

55%

553/8

55%

*55%

553/4

500

No par

*43%

44%

43 %

*42%

44%

43%

43%

400

Light Co
4
La Consolid 6% pfd—75 Pesos Mex

*5%

5%

4,200

*5%

6%

Lambert

No par

18%

18 %

_No par

*10%

11%

50

*42%

44

Kress

22

6% Oct

57%

4

common—,

a

preferred

8

Oct

Nov

$ per share

90% '

'jo

Kresge

58% July

Wednesday

share

10

4

3

45Va Feb

$ per

42 Ve.

No par

preferred—

Koppers Co Inc

95 % J my 1..-

39% Jun

$ per shpre

No par

com

-

HIGH SALE PRICES

AND

No par

new

'4'Jo conv 2nd nreferred___
Kinney <G Rt Co common...,

2

37% Oct 23

11

______a5

Co

Corp

lo

$ per share

_No par

Land

Kimberly-Clark

2

Jan

County

Keystone Steel & Wire Co

May 24

75

8

29% Feb

Feb

52%

Apr

Tuesday

Nov. 'i'i

LOW

Kennecott Copper

20

104% July 14

13

Dec
Jan
Jun

24

9

Oct

May

Mar

Apr

16% Oct

11

Feb

90

40%

Feb

Jan

34

45

19

20

38 '/a

Monday

isov.

Par

60% Oct 23
51•

12

85

Jun

Saturday

STOCK

YORK

(2289)

RECORD

EXCHANGE

f pep share

42% Feb" 13

Jan

NEW

Highest

xl3% Nov -23

213.*

STOCK

STOCKS

Lowest

41'A May

YORK

CHRONICLE

iS St

__100

Co

(S H)

& Co

Kroger Co (The)

31%

31%

43%

31

31%

31%

,

44 %

*43

1,700
170
.

3,100

L
4% May

7

Feb

43/4 Feb

11

Dec

14

Jan

5% Nov

26

Dec

44

Jan

14%

Feb

9

20%
10

May

18

Oct

12

20

24

9% Mar 12

Apr

Laclede

5

Mar 24

56

Feb

25% Aug 12

14% May 15
53% May 17
29% May
6

May

56%

Feb

35

47

21% May

30%

Feb

2234 Nov

26

Apr

95

Sep

14

10

Feb

11

•

49%

Jun

42

Oct

1

'

..

38

95

Dec

101

9% May

1274

Feb

Jun

44%

Jan-

4% May

8%

Feb

1% May
14% May

3%

Feb

30 "2

Mar 19

30% Mar

99

5%

253/,

Jun 16

3.85%

Lehigh

19

41% Feb

25

56

May 15

Lehman

12

May 20

50 3A

Feb

Dec

24

Jan

Sep

30

25

Feb

16% Feb

20

59 Vs

Feb

45% Nov

9

May

*26

38%

*

3

23%

23%
95

Lehn <te Fink Products—

19% Mar 30

9

50c

2nd

non-cum

Corp

pfd„;

46% May
8

11

May,

29% Mar.
78

Dec

96%

18%

1.800

11

11

10%

10%

*10%

10%

200

*42%

44%

*427+

43'%

*

42

44%

%

26

25%

25%

25

38

36 %

36 %

36%

3674

300

*23

23%

23

23

*22%

23

2274

22%

600)

*91

95

*91

95

*91

95

10%

10%

37 Va

38

10%

10%

37%

5%

5%

5%

5

5%

5

5%

3%

3

3%

3

3%

2%

3

23%

*22%

23%

0%

*8%

8%

8%

45%

44%

45%

43%

10%

10%

10%

10%

10%

38

,

37%

38

37%

38

23%

*22%

23%

*8%

8%

8%

8%

45 %

45%

45%

45%

5

9%

par

*22%

par

9%

*9%

-

23%
*8%'

45%

9%

22%

22%

,

9%

9%

9%

4,900
3,300

5

5 74

2,000

274

1

274

5,700

23

23

600

8 V4

400

44

2,300

974

x9Va

9%

?

95

*91

37%

l__.No

700

26
38

23 %
.

25

27
38

37 Ve

5%
*3

200

6

1,200

82
157

Oct
Nov

Mar 12

83A Nov

Life

8

Jan

47

10

55% Mar 16
28% Feb

55% Jun

11

Jan

23% Jan

9

15% Nov

Feb

109%

11

X69

15

Nov

85

Feb

13 3/8 Jan

2

27

Feb

14% Nov

13

57% Feb

28

Dec

58 Va May.

79%

12% May
17% Apr.

28 %

Oct

Xl8

Nov

Jan

18

Feb

19

Jan

138

Nov

3

23

Nov

Dec

Feb

172

14

11

158

•<Lm»

Dec

17% May.

Feb

Oct

14

142

Feb

Nov

24

27% Jun

99 %

41%

Dec

10%

21% Mar
18%

Jun

6

30% Mar 16
94% Nov 26

Feb

15%

Dec

455

Jan
Mar

111

11% May
16% Apr

May

10

Dec

12%

Dec

14%

Dec

32%

3%

Jan

9

May

8%

97%

Dec

14

•

May

111% July
34

175

Dec

39% May

5

525

17% Nov

64 %

63%

64

64

20

20

20%

19%

20

19 Va

1974

1,900

20%

21

20%

21

20%

20%

20%

20%

4,900

*146

149

*146%

147%

24%

24

24

*23%

24%

*23%

24

200

40

39%

39%

393/4

38%

39

3,600

&

(Ml

pfd

26

5% Feb

10

26

6% Feb
15

Nov

15

42

Jun

35% May

Nov

27% Feb

11

45

19

176

Oct

22

Jan

26

Feb

35% Mar 16

47% Apr

20

Feb

84% Mar 27

93

Jun

3

84

Feb

6

93

Jun

18

Jan

13

Nov

77% Aug 13
9% Feb 11

85

14%
50

Jan

38

Mar 12

113

Jan

110

Apr 16

Jan

23% Nov

24%

23 Vb

243/a

23%

2374

93%

*91 %

93 %

*917 a

93 74

30

18%

18 %

18 %.

18%

17%

17%

1,000

12% May 15
43% Jan 21
112

Jan

9

41% Jan

15

10

com

.*

t per share

12

Lowest

*95%

19%

18%

18%

Copper

—_10

—

Co

Coal

*18%.

/The).,!:.—

1

14

Co:_'__!

50

*500

RR

Co.

7%

No par

*8%

5

•

Oil

Con)

*18%

Exploration—_

23 3%

23 74

23%.

96

95

95%

*94%

96

9474

94%

70

9 74

8,200

4% ','o
'

preferred —_—;

Martin

(Glenn

L)

Co—

Martin-Parry Corp
Masonite
•

Corp

——100
1

—

7%

Dept

Corp

$3.75

$6

13%

14

I334

13%

14

14

58

58%

57

57

57 74

21

Xl9%

20%

19%,

19%

19%

193%

38

*37

37%

37%

37%

36%

37

cum

21

*37,%'
*166

100

169%

40%

40%

40

40%

39%

40

88

87

87

87

87

87%

87%

*87%

87%

*87%

87%

87%

87 74

88

81

*80%

82

*80 74

82

81

10%

10%

10%

No par

*38

39 %

39

39

preference.—No par

cum

*110%

—No par

*24%

Corp

._

YORK

24

Sep

20
5

52% May
1
35% May 15
98% Jun
2

25%

Feb

18% Feb

11

24% Jun

31%

Feb

18% Nov

12

24% Jan

16 %

May

23%

Oct

16

26

88%

Jun

105%

23% May 25
96% Jun
8

9,
12

Feb

80% Mar 24

50

Feb

32'% Nov

24

May

25%

Jan

20% Feb

16

25

16
May
55% May
13% May

24%

13

19% May 15
62% May 15
18% .Tun 24

46% May 28
Jan

2

Jan

44% Feb

103% Mar

85% Nov

19

50% May 8
63% July 13
95% Jun 23

17% Feb

13

27% Jun 15

Jan

36

111% Aug

92

11

Mar 10
Nov

101% Nov

10

8

44% Jun

30

104% May25
104

Nov

26

12% May

18 Va Mar

13

Feb

11

19% May 27

33

Apr

48%

Dec

38% Feb

11

69% May

29% May
136% Jun

45%

Nov

35

47% May
84% Dec

Mar
Nov

14%

Jan

Marl6

8 Mav

23%

Sep

Oct

8

Feb

28%

29%

*2774

29

92

92

92

*92

94

550

30%

*30%

31 %.

31

31

31

31%

STOCK

*3174

32

600

26%

*26

26%

*26

*26

26%

EXCHANGE

26

200

*42 %

42%

42

42

*41%

32%

32%

32%

32%

89 %

89

89 %

32%

89%

*82%

84%

Nov

24

56% Apr

15*

98

May

78

May 17

25

10% Mar 16
109

Nov

105V4Jun

21

3
17

18% July 13

10

121 % Oct

18

42% Feb

11

73% Jun

14

Feb

10

Feb

13% Feb

11

34

July 13

34% Mar 17

44

4

9% July 13

51%

Jan

Jan

5

13%

Feb

9

Feb

11

15% Jun

24

32

Feb

24

Sep

15

29% July

6

Minn
$4

*32

22

Mojud

footnotes

see




page

24.

16%

40)

1,700

21%

*82%

84%

82%

82%

33

33

32 %

32 %

3274

32%

300

21%

21%

21%

21%

21 %

2174

21%

1,700

13 %

13%

50

13 %

13%

50%

50%

*49

53

13%

13%

*13%

13%

13%

13%

13 74

13%

2.500

8%

8%

*8%

8%

*8%

3%

83/8

8%

*874

874

600

59 %

2.100

—

1

;

No par

Co

"

3.90%

pfd.lOo

series—

—100

SS

&

M

60

59

59%

59

59%

87%

87

87

86

86

*85 74

87 74

19%

19%

19%

19%

19%

1974

1974

40

40

40 %

*39%

39%

38%

39%

3874

39

97

*95%

97

*96'/a

99

97

97

10

104

>103%

104

*103%

104

104

104

30

40

1

*95%
>103

&

i

Impl

Carpet

*10'A

14%

14

14%

14

45%

44%

45%

44%

4474

45 %

4 57 4

45

45 %

45 V4

45 74

133%

133%

133%

133

13 VB

13 %

12%

9%

9%

9%

4278

43%

*133

13%

12%

10%

97a

13

10%

88

88

88

89

*61

62%

60%

61%

58%

59%.

_..Np par
com
1

100

3

A_:

Mills...

Inc
Tool

'

100

x

42%

*99

-

13%

13%

13%

112%

112%

*112 "2

10

Co

14%
45

46 %

43

com

series

Monarch Machine

14%
46%

45 %

88

r

—.No par

RR

14%
45%

No par

Power

Hosiery

13%

56%

56%

56%

43'A

100
14

114%
56%

*99%

55
.23%

20

*37 Va

38

38%

*37'A

11%

'11%

11%

25%

25%

1.400

42 74
*87

59%

59%

59 74

*99%

100 V2

100 74

12%

6%

6

11

*24 %

55

6%
24

51 %

5%

22%

54%
6 %
24

140

9 74

111%

24%

1,400

9%

13%

6'A

2,200

7,700

3,600

112%

23%

900

12%

12%

6%

25%

42%,
90

134

500

1,100

12 74

112%

23%
38

10

134

13%

6%

11 %

13 VB

113%

22%

*25

4 2'A

*87

134

1374

—100

,1.25

100

-

%

*112%

No par

No par

14

14%

46%
45
133

133

*103

43

Mfg

preferred

104

14%

*95%

97

*86

A

60

19%

60

100

com

series

1,300

*85%

45 %

Regul

pfd

59

53

20

*43%

vtc

*49

87%

10

A

13%
53

60

———5

100

13%
*49

*19%

com—No par

Prod

13%

*59%

5

Edison

13%

*85%

No par

Scott."

&

'

For

200

20

13%

preferred

Mohawk

16

20'/+

13%

Mission Corp
Mo-Kan-Texas
7%

20'/+
*17

49%

preferred

Moline

$6.50

20

1.400
1,100

13%

,

—

preferred

Minn

*17

%

32

89%

49 %

common--

Inc common

conv

Min

19%

•

*13%

Minn-Honeywell
3.20%

20 %

20%

*17

*85

34%

*82%

34%

*21%

No par

Nov

Day

84%

84 %

*32

Minn

42%

20%

*82%

_50

*20%

20

41

41Va
31%

Thanksgiving

—_100

20%

CLOSED

32%
89'/a

1

Steel

P

42

16%

July 13

St

32%
*86

16%

1

preferred

1st

413/8

42%

16 3/fl

Miami
Copper
Mid-Continent Petroleum
8 %

*88

26

1,200

50

Machine

Midland

32%

*88

26%

,

16%

14

98% Oct

56%

29%

92

16%

preferred

4.35%

29%

94

16%

9% Mar 17

Dec

25%

Min

Metropolitan

30%

16%

preferred—

Merritt'-Chapman
Mesta

share

Shares

*29%

No par

102%

3% May

& Co

$3.50

for

the Week

*92

16%

Minneap & St Louis Ry_

Dec

11% May
32% May

Merck

$ per

Co Inc
3%
Transp Co——No par

(The)
1st

&

$ per share

Sales

26

Nov

I per share

30%

20%

Storey

Merch

2,500

94%

*18%

series)

(2nd

10

24 74

Friday

Nov. 25

19%

Corp

300

110%

24

Thursday

Nov. 2f

$ per share

1,200

PRICES

Wednesday

20%

17

99

28% Mar

Mengel Co
5'/o conv
Mercantile

HIGH SALE

Nov. 23.

*17%

May 10

54% Mar 11

Oct

pfd

Shoe

24%

Tuesday
$ per share

110%

111%

24%

*20%

Jun

87

Dec

2nd

38

-No par

Corp common
4%% pfd
(1st series)

4%

38

*110%

25

24%

1074

—1

Mead

Melville

*110%

10

1074

40

*38

40
111%

170

10%,

—10

Co

16

Feb

15

Co

Mfg

140

Dec

123

Norris

*38'

82>

*26

No par

9

Nov

70%

Jan

preferred

McLellan-Stores

10%

Nov. Vi

30%

Mclntyre Porcupine Mines
5
McKesson & Robbins Inc com—18

McQuay

*80%

10%

80

*29%

Publishing..—No par

11

11

114%

May

McGraw-Hill

15

Apr

7

25

87%

81%

10

2,800

*93

1

—

Jun

51%

104

7

Electric Co

48

129% Feb

Feb

66%

111%

87%

10%

Monday

$ per share

Par

'

!

Jan

15%

24%

87%
*80%

Nov. 20

30

156

*110%

25

166

Saturday

87

10% May
6% May

111%

166

LOW AND

STOCK

41% Nov

47 %

169%
N

41

41%

*10%

Feb

35% May.'
97% Dec

169%

No par

Feb

Dec

169 74

*166

*166

41 %

*86%

Jan

17% May

900
800

1,500

88

56%

21 %

37

41 %

__

44

65%

*166

36%

,

1,300

19 74

**19

*86%

common

*

$4

3,400

5774

EXCHANGE

May 15

9%

9%

14

58%

_5

NEW

36% May 21

9%

10

14

58%

pfd 1947 series—No par
pfd
.No per

cum

1st

9%

14%

No par

Stores

Maytag Co common---$3
preferred
;
McCall

10%

140

58%

No par

$3.75 preferred

$3.40

10%

6,608!

*57%

1

Chemical

10%

%

7

*14

preferred

May

10%

P 95

96

6%

7

No par

Master Electric Co
Mathieson

*95 %

7

No par

_____—

„

31

Dec

3,000
2,400

23V4

23% Mar 17

83

>

23%

Feb

5

50O

,

23%

32

18% Nov

8%
21

2074

24

McGraw

20.

874

9%

23%

15

28

173/+

17 Va

18

22

23%

42% Jan

13% Nov

20!)

23%

10

12% Jan

83/4
21%

9'A

7

Nov

49% Nov

9%

1,200

*8%

9%

17

29

Feb

*17%

17%
22%

9

22%

I

774

8

6%

Oct

Jan

*8 %.

9%

7%

*1674

45%

Jan

11,600

7%

530

*500

163/4

McCrory Stores Corp com
1
3%'4 conv preferred
—100

19%

1574

1474

14%
530

300

16%

14

73

1,000

16%

$ per share

.

1874

6%

101% Jun

Nov

18

*500

8

17%

9%
22%

2,100

183%

16%

5

43% May

18%

9%
22

10

7

11

Dec

*8%

10

17

Feb

20

9

18%

7%

10%

..14%

14%
530

*500

3,800

95

as %

..18%

14%
5

8

31%

94%

31%

6%

Jan

40%

530

31

9474

30%

*16%

25

105%

Xl8%

14,600

17%

88

Dec

10

14Va

*6%

Feb

Dec

*94

10 Vs

100

136

14

14%

*16%

—

Feb

May

95 %

10

37%

*3674
'130

14

5

Corp.,

33%

„

3,400

Ry 6% prior pfd—1100
Marshall Field & Co com~
No par

107%

30 %

32%

95 %

10%

9

9%

Dec

46

32

96

*7%

22%

May

May

32%

.•14% ,(15%

18%

9%
22%

14%

*500

9

1

14%

37%
136

*130

14%

32%

7%

-——6.25

*363/b

37
136

141%

14%
530

1

L_.

Shirt

Manhattan

Highest

$ per share

37
*130

37%
136

*10%

24

24

*37

*130

10 %

82

Mar

37
136

*36%
*130

96

Range since Jan. 1

Highest

35

18%

STOCKS

Year 1947

$ per share

24%
*91%

32%

Range for Previous
Lowest

24%

92%

*18 %

*

10

48%

24%

92%

18%

St

"

108% Mar*

24%

92%

18%

10

Midland

Nov

97 % Mar

30

24%

96

Market

19

Oct

147 Va

*147

*91%

32%

Marine

Nov

'

39

64

63%

64%

100

14%

Marathon

16

166

39 %

14%

Maracaibo

16

100% Aug

24%
39%

100

May 20

19% Jan

Dec

24 %

39%

149

5

Magnavox

7

69% July 9
27% May 20

Dec

7% May

Forbes

Mahoning

22

8

9

*24

par

_.

Inc____

17% Sep 16
29% May 18
103% Jun
9

20

*146

Macy (R H) Co Inc com—-No par
4%% pfd series A
_100
Square Garden.
_No par

25% May 17

20

Feb

22% Nov
94

Jan

14% Jun

148%

-

10

A

Bros

22% Apr

82

146%

.—50

preferred
Trucks

Mandel

11

85

21

M
&

28

26

Jan

iky) No

Co

Sugar

10

49%

10.

& Sons Inc com__1

series

Steel

par

100

„__

Nashville

Manati

9% Nov

106

„'.

Gas & Elec Co

8

47% Feb

190

„

Corp—

preferred

13% Jun

18% Mar 18

1,300

20

23

12% Nov

Dec

70%

63%

Apr

Oct

88

70%

21

Cement

10% Sep

Jan

35%

69%

20%

11

Oct

6% Nov 12
8% Mar 16

Jan

24% May

_100

64%

9% Feb
520

24%

26%

1,400

64%

0%

4

63%

14% May
39% May
18% July

16 74

*19%

Magma

Feb

Feb

1674

No par

Star

24% May 20
16% July 6

Dec

34%

16%

10,400

25

Feb

16%

May

22 y«

16%

12,400
1,800

xl6% Feb

Dec

27%

16%.

Madison

Feb

7

19% May
6% May

16%

1674

,15% Apr 12

Feb

22%

17%

1574

20

Jan

9%

17%

1674

Nov

Aug

500

17%

58%

147 a

Mack

39% May 27

103% Jun

*17%

,

15%

4%%

10

30% May

2,600

No par

9%

17

7%

13

14

39 74

Long Bell Lumber (Mdl A—No
Lorillard (Pi
Co common..

2

Apr

1,500

x39%

preferred-

;•
Jan

60

39%

9%

70

MacAndrews

40

59

39

9%

15

Lowenstein

27

58^

41

9%

16%

Lukens

Jan

59

40

9%

70

98% Juiy 14
24% Jan
8

36

59

41

9%

15%

35% May 15

129

59

41

17

5

Nov

59

41

69%

11

41

59%

40%

15 Ve

Mar 17

152

58%

16%

Nov

Nov

12,200

5

x9

69%

92

Mar

1,100

9 74

par

.

17%

17

34

140

35V+

Lone

22

134

87

171

35 74

15%

20

Oct

87
*169

35%

69 %

Lousvilla

Oct ;

35%

.

17

Louisville

Aug

170

37

88

171

86%

87%
172

37

15%

4

29%

87%
*171

38

15%

Nov

26%

2.100

88

171

38

17%

May 15

101%

1,000

70%

25

Dec

5,700

15%

50

13% May

93

874

3374

'17!%

10

•

874
33%

*69%

38% Mar 16

———

87%

8%

34'A

1

Feb

'

53

2,100

8%

34%

No par

'

39%

46

8%
34%

9%

com

—

7

Jun

4574

46%

8%
34%

171

9%

46%

1.100

21

8%

29

*35%

46%

21

21%

—_No par

Carbonic Corp
conv

87%

X46%

48%

21

22

34 %

8%
34

171

par

_

Co.—.—

3%%

87%
171

—.100

47%

8%
34%

22

Lockheed Aircraft Corp—
Loew's Inc

30% July 15

21% Sep

Oil

Liquid

20)4 May 21
68% Jun
4

9

21%

Jun

24% Jun

10

20

18%

Lion

,

48%

8%.
34%

25

com

23

48

7
5

—

-

70% May 24

Dec

30%

Dec

Dec

35 V«

Corp—;

Lily Tulip Cup Corp—;_No
Lima-Hamilton
Corp
Link Eelt Co__„—
—No

May 14

13% Jun

Savers

Liggett & Myers Tobacco
7%. preferred

174% Mar 30

9

10% May

137%

Libbey Owens Ford Glass.—No
Libby
McNeill
&
Libby

2

63

Apr

Corp

91

13

Oct

l

Stores

iftii, Anr, 12

16

33

Aug

12%

24% Aug
19% May
Va

5(j%Jun

'

Lerner

14

38% Jan

31% Mar 16

Jan

X48

Dec

47

26% Jun

8% Nov 26

Oct

191,3A July

33 % May

10

Apr

40%

May

169

87

18 Vs

10%

1"

_

57 +

18%

37%

No par

(The)—:

6%

18%

44%

27%

*36 %

-

5% Jan

Feb

*5%

18%

*42%

2,%

5

*91

5%

.6%

18%

10%

_1

cumulative preferred—.100,
Coal & Navigation Co—10

5%

*5%

*10%

:

com

5

5%

6'%

5%

18

%

5%

5%
18%

5V+
*

,—

Lehigh
Portland
Cement
25
Lehigh Valley RR,—50
Lehigh Valley Coal com
1
$3 non-cum 1st preferred—No par

24

5%

'

17

78

2

May

10%

8% Jun

^

Co—.*

4% July 12
26% July 12
10% May 12

Feb

9%

Jun

3 8 74,

1% Jan

Lane-Wells

Lee Rubber & Tire
Lees (James) & Sons Co

13% May 22
38% Oct 20

9

(The)

—

<

'

4% Mar 16

Co

Lane Bryant common....
4%% preferred

May 18
26% May 28
.

Gas

51

44

3,300

89

370

60

1,500

100)4

100

12%

4,800

112

52

150

2.900

5%

6

9,200

22%

24

19,900

37 74

37%

1,400

11

xlOVa

10 %

10 Va

1074

1,300

25%

*24%

25 "a

*2474

2574

100

38 %

37 %

37%

'

19

2*

THE

(2240)

COMMERCIAL &

NEW
Year 1947

63%

Feb

128%

Feb

49

122

Sep

27
105% Mar 17

64%

May

Feb

Dec

11%

Dec

107a Nov

Dec

20

Nov

107a Oct

18

14%

Nov
Oct

20% Jan

May

27%

19% May

27%
25

17

10

(John)
Inc

No par

*107

109

Co

5

Motor

No par

May 27

Motor

Wheel

Jun

9

Mueller

16% Oct 26

Mullins

1474 Oct

11% Feb

16

3374 Feb

16

45

10774 Jan

2

112

.

23

Murphy Co.
474 %

2

127a Sep

21

17

Jan

2

Nov

10

43

Jun

29

50 % Jan

23

85% Jan

5

9% Dec

167b

Dec

447<

Feb

35

50%

56

Jan

108

1067a

1067a

107a

107a

56

547a

557a

55%

55

1074

5474

557a

5.500

47

106

106

300

10

STOCK

10

1.600

55 74

9.300

1

100

117a

12

11%

1174

22

*2174

22

22

22

18%

19

18%

197a

187a

19

CLOSED

54 72

117a

117a

11%

2274

Thanksgiving

22 7a

22%

400

18 72

12

♦2174

-

Shares

thare
103

EXCHANGE

1074

*1174

187a

Day

1872

19%

8,100

24%

11%
*22

2.200

No par

♦24%

25

*24%

2474

2472

2472

24

24

*23%

5

♦1974

207a

19%

197a

1974

193/4

19%

197a

*19%

19%

600

1

*18

13%

177a

18%

i*1872

19

177a

18%

17 74

1774

1.100

157a

15

1574

147a

157a

1474

147a

14 72

14%

1.500

Co

Mfg Corp
Munsingwear Inc

May 15
Jun

*106%

3

Corp
Corp

Brass

101

1074

for

46

103

1072

Sales

the Week

*100

101

*10074

107

107

t per

thare

477a

*

103

*1007.

103/4

55%

5

Products

23

10%

Nov. 26

9 per

9 per thare
46

477a

4674

Friday

Nov. 25

Nov. *4

9 per thare

47%

Tharsday

-Wednesday

No par

Co

—

29% May 27

9 per thare
47

477a

,

103

Lines

&

46%
*100

Utilities

Moore-McCormack

9

Motorola

Feb

Nov. Zi

A__No par

B

Morrell

Jan

24

37% Jan
Jun

series

Montana-Dakota

19% Nov 26

22

Feb

Tuesday

Nov. Zi

9 per thare

5

com

Montgomery Ward & Co

9

Nov

40%
112

Dec

Co

series

May 21
1774 May 15

Jan

15%

May
Apr

35

preferred

19

16

137a Nov

107%

Chemical

preferred

19 V* Mar 17

Feb
Mar

Monday

Nov. 2l>

27

11% Jan 23

17% May

$4

65

6

972 May

$3.25

6

15

27%

Monsanto

May 15

112% Apr

9
4774 Mar 16

May

15%

RECORD

Satnrday
Par

617a May 17

457a Nov ,18
101

Monday, November 29, 1948

LOW AND HIGH SALE PRICES

STOCK

I perthare

9 % Nov

24

STOCK

EXCHANGE

Highest

8 per thare

9 per thare

49 y» May

1107* May

.

NEW YORK

Rsugs slues Jan. I
Lowest

Mifhest

9 per thare

YORK

CHRONICLE

STOCKS

Range for Previous
Lowest

FINANCIAL

com

.1

new

157s

5

(G C)

*127z

13

*12%

13

13

3974

3974

12%

13

39%

1.100

39%

1,200

12%

397a

127a

13

1

3974

100
10

*10972

14

137a

14

13%

13 7i

13%

1374

50

*36%

38

37

37

*3672

38

3674

37

*3574

37

No par

*5072

52%

53%

*5072

5372

53

*50

5372

common

preferred——.

Murray Corp of America
4% preferred—

com

Myers (F E) & Bros

1,000

39%

39%

110

14

►10972

110

*5072

397a

39%
110

110

*10972

•50

10

111

*1097a

110

I33i

13%

2,800
300

N
14

May

197,

Feb

147a Mar 16

217a Jun

25

19

May

2974

Feb

20

Feb

24

32% Sep

9

Nashville Chatt & st

21

May

30

Jan

207a NOV

26

29

5

National

8%

16% Jan

Dec

.1674

Jan

27

34 V4

Dec

Feb

29

Mar 18

26% Feb

20
1

National

Automotive

137,

Feb

5% Nov

10

Dec

33% Feb

10

Dec

147/a

Jan

Feb

28

6

974 May 21
Jun 17

48

National

Biscuit

National

Can

Fibres

Co

Cash

97a Sep 28

97# May 20
2
13% Jan

National

Oct

National

Container

10% Mar 15

14% Aug 23

National

26%

38

Jan

247a Mar 17

32Jun

National

Dairy

1472 Mar 17

21

20%

Jan

23%

14% May
17% May

Oct

1772 Nov

May 21

2274 May 21

10

Department

National

Distillers

;

14% May
96

25%
107

Dec

25% May

Jail

15

Feb

24

13% Nov

19

Sep 27

207s Jun

9

Oct

14

297a Jan

23

38

Jun

10

16

177

Jun

Dec

Dec

190 V*

Sep

162

Oct

136

Dec

167

Jan

130

Nov

4

6%

Jan

15 'A

Dec

8%

Jun

7a Nov

12

8174 MarlO
20

Nov

16

Power

Lt

25% Jan

5

9

2574 July

6

94

2

26

Natl

Nehi

Feb

11

Dec

137a

Jun

9% Nov

10

18% May
13% May

24%

Feb

9 78 Nov

26

1974 Jan

Feb

107

July

28%

Nov

38

Feb

98

Dec

106

Mar

13% Feb

16

19

26

104

x27% Mar 12

35

100

87

Feb

6

May 17
Jan

4 7a %

8

35% May
22% Dec

4474

Dec

38

Feb

13

327a

Feb

13

Nov

26

267a May 21

Feb

74

Nov

17

9072 Jun

17%

102

Jun

12

26

Oct

20% Feb

11

3474 Oct

22

Feb

31

24

4374 Jun

9

227a Feb

May

Nov

127a Feb

11

187a July 12

Feb

10

92

N

Feb

11

144

20%

Feb

1174 Mar

19

Apr

26

Aug

20

52

Dec

627a

Jan

4974 Jan

Nov

290

Feb

200

9

Mar

Nov

84%

Dec

10% May

80%

25%

N

2

255

Mar

8672 Jan

6

16

Sep

147a Feb

27

Jan

2

Mar 18

147a Jun

9

3974 July 12
96

Jun

17

1974 Oct 23
88

Jun

£1

N
N

$ perthare

Y

&

Air

13

137a

167a

167a

$ perthare

lo

*89

Nov

55

Feb

18

62% Nov

1

Aug 24

2874 Jan

13

26

Dec

30 7a

Sep

25

167a

Dec

337a

Jan

147a Mar

3

1074

Feb

1157a

Jan

827a Mar 10

Dec

307a

Nov

2574 Feb

13% May

227a

Feb

1674 Feb

8

78

Jan

2

1974

187a

1

*117«

91

\I

%

14

2174

*2074

2174

200

10374

x90%

9074

7,900

217a

*207a

217a

*9272
573/4

*907?

93

North

14

75

Co

50

preferred—.100

Central

3674 Jun

14

Northern

Natural

Northern

Pacific

5

1067a Nov 22

874 Nov

9

177a Mar 20

Apr

253/4

Oct

16

Nov

33

9

£.50
l
4

45 7a

Jan

337a Jan

2

374 Sep 20
107a Mar 18

2774 May 17
407a Apr 24
77a May 21

147a Jun

9

147a

1472
*101

31

907a

907a

92

92

874

83/a

8

-

*9272

x55%

14 74

1374

75

*74

13 74

13

137a

78%

78%

78%
135

1574

14

137a

135

1274

137a

9374
54

-

*73

1,400

13 74

5.100

75

50

29 7a

2974

4,000

3374

31

31

3174

1.800

137a

7772

7974

6,900

297a

x29%

135

13

40

87a

54

74

300

93

*9272

13%

74

31

8

54

147a

7472

1,300

103
.

*91

9374

54

5572

'

874

*9272

93

33

135

xl3%
*101

3274

14

1,200
3,500

32

33

7874

1472

97a

9%

103

317a

7874

972

*31

'

30

9 7a

10

3l7a

103

337a

137a
'

97a

972
974

327a

12%

78%

76

13

43.700

77

2.800

134

134

13272

132%

600

1574

*157»

15%

15

15

147a

147a

500

21

*17

*19

207s

2074

2074

2072

21

500

*44

50

50

50

*45

51

*45

51

*45

51

*230

250

*230

250

*230

230

*230

250

*230

250

874

874

87a

87a

8

77a

8%

77a

7%

'

100

7%

3,900
1.800

*2974

30

2974

29

29 3

28%

287a

*89

91

90

91

91%

9172

*90

917a

*9074

9172

30

*1772

177a

17%

177a

17%

173/a

*1674

177a

16%

1674

800-

*8572

88

86%

8474

84 74

297a

<*8572

-

.7

87

*84

29

28%

a

•

;

:v,

*8472

J

86

;

;

'

20

*"

*15

2172

*20%

157a

147a
2472

STOCK

57

57%

57

57%

EXCHANGE

26

26

26

15 74

157a

157a

9

874

87s

85

2674

*257a

1572

1574

87a

57

9

87a

577a
26

*257a

157a

874

85 72

*83 7a

297a

29 7a

29%

29 7a

18

18 74

18%

18%

25

1674

16%

..50

a377a

37 72

preferred

85

85

10674

157a

9

*8378

8 3/4

Northwestern Telegraph
Norwalk Tire & Rubber
Norwich Pharmacal Co—

74

10

10674

*20

14 72

2472

85

the Week

Shares

21%

■

-

—

14 72

1474

2,900

24

„

25

1.000

56

CLOSED

57

3,900

*257a

100

1574

17,700

87a

83/4

24.200

*83 74

Thanksgiving

26%

15%

857a

*8372

857a

29

29 7a

28%

297a

277a

2972

5,000

18

1874

177a

18

1774

17%

9,900

86

84

847a

847a

84%

*83 7a

85

for

Sales

Nov. 26

I per thare

217a

15%
25

58

common..lo

*207a

15
25

1574

*8474

21%

15

*257a

No par
No par

*2074

Friday

Nov. 25

9 per thare

25

50

_

Inc

2172

Tharsday

24

1 per thare

.

25

*577a

100

.»

Nov

9 per thare

14%

247a

1

Co—

Wednesday

-

Nov. Vi

9 per share

'

24%

Tuesday

Nov. 22

9 per thare

*20%

Monday

25

Co_^

Gas

preferred

4.6%

97a
10%

*32 7a

25

preferred

$4.80

1.800

•7.31%

lo

Ry

Northwest Airlines

1072

327a

Northern States Pwr Co (Minn)—

22%

107a

6,800

LOW AND HIGH SALE PRICES

Ry

$3.6,0

11

33 7a

Nov. 20

Aviation..

27% Jun 24

1074

3274

Saturday

Co

11

400

11

57%

1474
*74

■■

preferred

11

21%

3372

No par

Western Ry com

Northern

17%

8572

21%

93

57

14%

75

Co....

American

17 7a

*8472

1474

87a

*92%

5774

1

100

common

Industries

American

18

85

217s

18%

x31%

92

8%

900

85

*101

32

-

74

21

217a

10

17

21

85

*9 7a

103

*3172

21

n

;

972

*101

21

2174

177a
*8372

11%

U

21%

187a

8474

103

87a

4.400

%

97a

917a

1.700

1007a

*101

874

1,200

*2072

"

*90

674
18%

%

15

__10o

170

674
18%

-

18% '1874

2174

117a

31%

134

80

10374

15

*31%

134

6%

7a

15

par

13472

*6%

9.900

1017.

22

97a

*13272

6%

34

*207a

18

11%

133%

70

16872

20%

84%

•

168%

197a

22

.

90%

337a

16974

33

1027a

*20 7a

187a

9072

3374

16974

674
19

s/a

20%
101

15

Corp

Adjustment

.V

92

*90

91

133%

6V4

197a

*97a

100

9,600

90

107a

.—_

3,100

157a

1357a

6 74

1974

.

1274

157a

*13372

6%

1974

,

1274

134 7a

v

10

preferred

RR

11

Aug
197a Aug

1,300

17,700

137a

35

1

common.

Chemical

Norfolk &

93

10374 Oct

18

167a

170

10

common

cumulative

Electric

North

Mar 19

15%

17%

157a

34

10

Haven & Hart RR Co. 100

Noblitt-Sparks

177a Jun 17
13% May 10

90

15

1874

1274

169

22%

preferred—No par

Jun

Aug 11

1574

177a

13

35

84

Per

6474

21

'15 7a

167a

171

*83

Co

I per thare
2574 Jun

.

127a

34

*22

EXCHANGE

Dec

4

26

-

16

<

*169

21%

NEW YORK STOCK

5674

20 7a Mar

7

974

97a

35

*20%

com

Brake—L

Dock

Highest

Noma

Feb

18

STOCKS

Range since Jan. 1
Lowest

Nopco

Feb

Fibre

Industries

Harlem

$3.75

l

187a

157a

177a

No par

5%
series A—
-.100
N Y Power & Light 3.90%
pfd__100
N Y Shipbldg Corp partic, stock
1
N Y State Elec & Gas Corp—

5

1374

157a

187a

2174

preferred——

Y New

17% July

Dec

157a

10174

Preferred

367a Jan

Dec

15%
18

21

Aug 11

67a

'4.900

*17

Nov

12

267a

No par

15

Jun

26 3 8

%

—No par

non-cum

24

11

27

York

257a

Feb

267a

16

5374" Jan

1027a

27

*157.

Dec

Dec

27

No par

Nov

797a

27

136

23 7a

25

1,700

26 7e

*13474

337a

67a May
83 % Dec

8.300

1

tper thare
Oct

2.900

7

x67a

774

No par

Range for Previous
Year 1947
Lowest
Highest

7 74

9%

—_10o

$5

10

7

774

preferred series A

New

25

19

Jan

Jun
Jun

3,600

127a

City Omnibus Corp,

Y

27

207a Feb

81

19

61

Sep

10072 Aug

237« Apr

5,300

9%

*20 7a

York Central
No par
Chic & St Louis Cq com—100

Y

6%

6

3

107

Dec

July

19

672 Mar 29

15%

July 12

6%
39%

12 72

10

Co

York

New

39

121

6 74

38%

97a

1017a

Newport News Ship & Dry Dock—1
New

Dec

67a
407a

1274

100

preferred

4 74%

Dec

•

127a

25

Corp

Newport

50

May
11% May

6 7a
38 7e

674
407a

13

67»

England Elec System
20
Jersey Pr& Lt Co 4 % pfd__100
Newmont Mining Corp
...—10

137

187/« May
80

230

64

46%

32% May

Vulcanized

3%%

18

Dec

99

40

168

1347a
.

New

3

110

6,200

9%

91

3474

New

9072 Mar

29%
1687*

12%

No par

Co

serial

Aug 17
July 12

Jan

x87%

Tea

conv

12% Jan

108%

29 72

16874

12%

16

168

1

Corp

4'% %

24

Dec
Dec

8

Corp

Newberry Co (JJ) common__No

Nov

11%

Nov

&

Shares

Inc

12

95%

13

•

Cast-No par
ex-dlst
No par

Bros

24

May 15

30
169

107a

7V,
9%

13%

*89

10

—_100

Service

Neisner

98% Jan

200

297a
16874

i

preferred

Natomas

10

2,800

36

157a

157a

Steel

National

Feb

2.800

9%

9 7a

36

1874

*13%

1

_No par

Corp..,
National Sugar Ref Co..
National Supply (The) Pa

16

177a

Linen

cNational

217a Nov

Dec

10%

10%

974
37 7a

■

preferred B

National

80 % Nov

Jan

97a

2774

18 7a

10o

Natl

Jan

107a

107*

*36

12%

■? 77a

•15%

common—

2

1

.

-

5.400

30

67a

41

407a

10

5

& Steel

12%

187b

Co

Malleable

6%

National

1674 Nov

26

Lead

Natl

Sep

107Z Nov

preferred

conv

2

25
May 17
11472 Oct 23

:

107a
10

377a *

20

1.200

67a

13

No par

preferred A_

10

Dec

29%

Feb

7%

Jan

100

77a
10

2774

com—

1477a Apr
774 Feb

307a May 27
157a May 26
12 Yt Jan 26

105

$4.50
National

7

40

-12.50

Gypsum-Co

247a Jun

-

6

197a NOV

Jan

237b

Mar

11

Feb
Nov

28%

20% May

Sep 20

157a Feb

Jan

26%
95

12% May
88

Jan

1%

jf Dec
21%

74% May
21 % May

6

Apr

28

40

par

common

National

967a May 19

169

67a

5%

170

297a

30%

57a

5%

11,600

247a
21

'

'

*1272

Stores.:

-

207a

574

974
*36

170

67a

'■

74

*23%

217a

157a

>

15%

1574

2374

21 "•

247a
2174

107a

•

107a

*169

674

5

'*■

37 7a

297a

170

67.

1174

97a
*36

30%

„l

Prod

10%

!t

21

Enameling & Stamping—

New

7

85

367b

165

307a

►1687a

•

—1

Products—No

National

Nat

12% Nov

Co

574

107a

No par
__1

Cylinder Gas Co

57a

3772

.10

Feb

*2374

157a

-23%

15%

'1572

ii7a;

107s
3772

-10

Corp—

Register—
City Lines Inc..

15%

2

*117»

100

177s
'

1

167a
24 7a

217a

*

57a

—4

Dec

Dec

5%

Inc.

common

157a
23 3/4

2172

243/4
22

—5

13% May

13

16 7e

*24

*2174

—1

7%'preferred
National

16%

.100
—I

National Aviation Corp
National Battery Co

1757s Jun 23

4374

—5

Louis

Co

Airlines—-

32% Oct 22

162% Oct

Corp-

Acme

National

July; 8

Feb

May

7%

45

Jun

187

8% May
33

1074 May 20
13% July ,8
17% Mar 22

9% Nov 26

Dec

34

Jan

165

Feb

14

9Ya May

10% May
24

4% Sep 29
874 Feb 11

Jan

Nash-Kelvinator

,

85

Day
,

?

'

270

10674

106%

1067a

10674

1067a

106%

10674

10674

490

8%

87a

874

8%

87a

878

8%

8%

14.400

167a

9

1672

167a

1672

1674

1674

1672

1674

*37

3774

*3774

37%

3772

377a

377a

47a

*4%

..No par

*4%

5

2.50

*1272

13

8

*28 7a

29 7a

*28 7a

29

287a

977a

96%

97

9674

9674

97 74

977»

3174

30%

317a

303A

317a

307a

307a

47a
13

*4 7i

47a

12%

4%
13

12%

*47»
*12

3,600
'

12%

12

37%

80

4%

100

12

500

O
27

Dec

917a

Dec

21

Dec

86

157a
14974

92% Jan

2

26% Feb

11

July
Dec

137a
118

May
Sep
May

92

Feb

107

16% Apr
22% Feb

Feb

27 7a

Dec

77a May

24

277a Feb

Feb

22

17% May
93

Jan

'.3574 Dec

Apr

18

38

11174

8

Feb

17

36% July 13
Xl097a July 13
127i Apr 20
100

Jan

5

23

Jun

17

Jan

2

Jan

26

163 7a

Jan

1447a Nov

15

154

Jan

9

23

Jan

5

89

Feb

27

7374 Jan

2

28 74
93

Jan

80

July

Feb

May

16

Sep

974 May

19

Feb

80

Oct

Jan

Jan

15 7a Nov

82% Nov
48

Nov

11% Feb
8

3

26

27

7a Nov 26

377a Jun 23
29

62%

36% Jan

Jan

477. Mar 16

Feb

30

Feb

13

Jan

897a Feb

27

Feb

For footnotes

see

page

130
24.




Nov

9

Otis

(The)

Elevator

6%
Outlet

73

8

55% July 13
y4 July 23

44

104% Jun
147

7

Mar 18

2nd

6

Pacific

&

Glass

Lighting

87a

17%

*17
29 7a

29%
100

100

8%

8%

1774i

17

83/4

Mfg
Co

Inc

common.,

non-cum

non-cum

Corp—
_

17

29%
99

*87a

89

89

*89

90

22

22

*22

23

29

287a

29

—2.50
.12.50

5

*147

149

*147

16

*15 7a

16

*80

86

*80

85

53%

14%

53%

52

147a

10

9

63

*1378

No par
No par

537a,

14%

2874
*147

157a
*80

5074

17

2774l
*

287a

28%
9974

87»

8%

28%

97
.

97 7a

340

30%

3174

12,700

*17
.

277a
*97 74
8 7a

1774
28

287a
149

,

5,700

8%

2.300

89%

89%

8974

22

22

22

22

287a

29

27%

28%

147

*14572

147

400
,

200

887a
-

600

9974

147

157a

*15 7a

1674

*16

167i

86

*80

86

*80

50

48

90
500

3.700
50

85

51%

48%

497a

*1378

14%

*13 7a

*8 7a

9

63

Pacific Telep '& Teleg common—100
6%
preferred
100

149

*1574

No par

No par

74

287a

*977a

8%

90

287a

287t

17

2872
99

297a
100

227a

Pacific Finance Corp of Calif——10
Pacific Gas & Electric
25
Pacific Mills

297a
99

*89

No par

preferred

*17

28%

*22

..No par

Co

preferred

307a

A—100

100

Marine

*97

lo

common..

Owens-Illinois

1st

10o

common

preferred

preferred

Outboard

20

No par

Collins

Co

307a Mar 17

39%

Corp

convertible

Oppenheim

Fisheries

Jan

168

8%

pfd

convertible preferred

Omnibus

Coast

43% May 28
21% Jun 15

1297a

Oklahoma Gas & Elec 4%
Oliver Corp common
472%

10o

—No par

Amer

1572 Mar 20

.,

Co

Pacific

43%

Nov

preferred——:

Oil

Pacific

May 27
Apr 13

Oct

13

4.40%
Ohio

1574 May 17

607a Sep
34% Feb

30

Ohio Edison Co common—.

15

46%

*33% Dec

Dec

18% Jan

20

Nov

131

18
15

27

Aug

257# May
x89% Dec

13

Jun
Jun

Feb

68

507a

9

43 1

Feb

197a May

24

11

25

103

337a

84

10

887a Nov

14

347a Jun *16

28 7a

Oct

50

Mar

Feb

10

97a

83A

9

627a

*61

8%
627a

9

627a

*61

64

*61

627a

1472

*13 7a
8 72

200
•

4,200

14

100

9

160
40

*3872

40

*38 7a

3974

38

38%

39

39%

*38

3972

40

*18%

1972

*1878

1972

18%

187a

1872

1872

*183/a

187a

300

31%

3172

3174

3172

31

31%

317a

3174

30%

31 %

9.500

50%

*49%

50%

5072

50%

507a

5074

33%

3372

3372

3374

3274

33

*93%

94 72

93

94

Q4.

94%

134%

*133

►132%

134%

►132%

13472

133

50%

5074

-

5074

600

32%*

32

93%

317a

3274

2,700

93%

937a

9372

470

133

133

133

70

.

Volume 168 " Number 4755

THE

COMMERCIAL

NEW

NEW YORK STOCK

Banff since Jan. 1
Highest

Highest

f perthare

9 per share

Saturday

Monday

EXCHANGE

Nov. 20

Nov. tit.

9 per thare

9 per thare

3% May
21% Jan

Lowest

t per share

Feb

7

59%

Oct

Nov

40

-

6% Apr

26

Dec

73/*

Feb

4Va Feb

14%

Feb

8% Noc

9

13

18

May
40V* Jan

Nov

46

Feb

Mar

109

5%. Jan

13% Mar 16

July

55-

Dec

90

92

Oct

9 Va

-

Feb

6% Feb
Nov
Jan

Oct

66

12

97

109" July

Dec

11 Va May 21
21 Va Jun 21.
100

11

20
96 V*

-

5*

20

Pan American Airways Corp
Pan-American Petrol

4%

28
105

4%

8

convertible

Dec

323/*

Jan

18% Feb 11

26% May 27

Paramount Pictures

53%

Jan

34% Feb

51

Park & Tilford Inc
Park Utah Consolidated Mines

2

Dec

2

4y* Jan

10

May 21.
3 V* May 17

Mar 16

33*4 Dec

43

Jan

25

Nov

24

28 V*

34%

Feb

24% Feb

11

14%

Feb

7

May
Dec

33% Jan
30% Jun

6y* Mar 16

11

Penn

49% Jun

16%

Oct

10

16

Sep

16

15% Jan

24%

Feb

15 V* Feb

11

21% Nov

1

29

Sep

36

Apr

34% May.

7 *

Dec

117

28V* Sep
109Va Oct

10

xl07
18

Dec

22

15%

Dec

26%. Feb

,

.

38

-

111

May

Jan

-

Jan

22

112

17V* Sep 20
16% Feb 27
37

Oct

18

48

103

Feb

19

120

Apr 22

30
Sep
86% Feb

17

45%

Dec

55%

Nov

811*

Jun

101%

Feb

45% Jan

8

99

U Nov 10
May

22
Feo
34% July

22%-Dec
23

May

f

34

8% May

•

12

Dec

113 Oct

9% Feb

104

11

18

Jan

47

Feb

11

48%

Dec

40% Feb

13

23%
1113*
95

-Oct

Dec

14% Feb

Mar

50

109% Aug
27V4 Jan

Dec

29%

-

5

95% Mar

5

55

Jan

22

104
91

Nov

3

Jan 21
,

25% Sep * 8
115% JunV9

Jan 28

103% Jun

103% Sep 20

10% May
21

16%

Jan

111

Jun

Oct

14

Jan

19

28

Jan

22

Sep 29

85

Dec

98Va Mar

81

Dec

43%

Jan,

25Va Mar 16

Dec

Feb(

87

97% Jun

109

85

Dec

101

81

Jan

>93

Mar
■"

—

12

Jun

Apr

99%

Dec

96%

Dec

10

May

88

6

82% Nov 16

11% Nov 10

,

July

87 % Jan

9

54% Jan

21-

12

10

18
*

Feb

38VaJuly
108

Dec

t

16%

98% Apr

Dec

Oct

102

110

Mar

82 V8 Nov

32%

Dec

26

16

16

Deo

12% Feb

113

23

10

93;

Mar 16

July 28

36% July 15

11

23% Jun

15

165

Aug

169

Aug

142% Nov 10

155

Apr

Nov

203

Jan

157

169

July 15

30% Nov

24

39% Jun

1

Nov

7% Nov

10

10

Jan

2

15

Dec

140

May
8% May
114
Apr
59% May

16

Fen

10%

7

67

14

Feb

42%

Oct

11

20

Jun

Jan

27

165

Oct

20

Oct

93%

73% Feb

28

96

Oct

22

,

10Va Feb
140

9

Jan

84%

Sep

71% Mar

9

82% May 10

10% May

20%

Dec

15

Feb

13

26% Oct 23

Jan

145

Jan

9

171

200

May

17% May

38%

Oct

161

28% Jan 22

July

7

46% July 13

9 per share

9 per share

10

1 per share

Jan
Dec

33

Jan

6

35%

Oct

29% Feb

14

46

19%

Oct

11% Nov

26

15 Va

Nov

12% Jan

28

16

Feb

5% Nov 26

16% May 20
14% July 12
11% May 18

43

Feb

23% Nov 24

35% May 21

71 Va

Nov

62 % Feb

71% Jan

Dec

33 Va
57

Dec

May

\15% May
;

'

,

32%

85%

Dec

May

9% May 10

Jan

18

Feb

Feb *

38%

12% July 28
70% May

16

81

Mar 11

Jan

102%

30 %

32% Jan

27

mmm—m

'

4
24

Jun

9

28% May 25
94

Apr

26

20% Nov 10

39% July 6
24% Jun 25
30 Va May 15

15

'

''

-

25% Nov

10

51% May

61%

Feb

32 Va Nov

24

53

Jan

21 % May

29%

Dec

x25 Va Feb

5

42

May 18

106%

25%

♦24%

26%

*25%

26%

25 Va

*7%

7%

*7%

7%

*7%

13%

13%

13%

13%

13 %

28%

29'A

29V*'

*28Va

'28%

46%

46%

46%

46%

46%

11%

11%

11%

11%

11%

20

20%

19%

20 %

20 V*
29

■

.

*28--

.

!

17%

17%

r

17%

Oct

109%

Jan

101% Feb 13

24% Dec

36%

Feb

*25

20

24%

Dec

7% May
68% Dec

10%

Feb

gv4 Dec

15%

Feb

11

20% Oct

1

108% Sep
33

•

5

-100

3

July 12

preferred class A—

:

%
r

-17%

*1634

*23%

-

,

1

'

16%
-

2,000

51%

10,100

•

51%
-

-

-

51%

51.

51%

51

99%

98

99 Va

*97

21%

20%

21 Va

--23%

•

*

24

*107

41%

40%
-

93

40%

85%

85V2

*83%

12>/2

*11%

12%

*88 %

91

39 V8

39%

88 Va

86%

87 Va

130

36

'

93

*11

57%

"

14%

31%

*11

31%

*100

101

115

*103

115

32Va

.

11%

':

84

37

36%

36%

6,900

90

*83%

'

85%
.!

33%

17%

*138

142%

*138

162

*159

12 Va

*11

14

*11 Va

32

32'

*

57%

32%

32

31

9Va

9

9%

*100%

115

11%

11%

82Va

82Va

X33

17 Va

*138

159Va
31%

'

9"

15%
*165

11%

11%

11%

82 Va

*81

33%

32 Va

16%

17%

*81

142%

i

*138'

159%

^

*159

82%

10

32%

5,000

16

16

2,200

*138

142

*159

162

,

142%

'"

162

15%

30%

30%

3,500

8%

8Va

8%

5,500

14%

800

14%

180

*165

15%

14%

180

72%

72%

72%

72%

71%

71%

20

20

19 %

19%

18'/a

*138

1 44

♦165

170

*84

85

*70%

72%

90

*18%

19%

300

18%

32%

30%

~50

31%

x8%

9'/a

144

Va

30V4

32

85%

*138

20

1,165

11%

32%

33 Va

17%

85%

30%

1,100

101%

*102

85%

32%

13

115

15%
180

7,900

31%

101%

32%

8%

—

70

58%

*103

162*

.*32%

144

—

*

57%

*100%

'

142%

*158

21

57 Va '

115

17%

15%

12

90

101

34 Va

17%

*165

86%

*11%'

101

34 Va

16Va

100

'

57%

32Va '

7,900

S3

*88%

90

90

-

*85

V12Va

*11

1

*89

*103

*

11%
83%

*82

16,300

90

*90

"58%

60

21 Va

20%

39

87Va
37Va

91

57%

-

600

600

107%

20%

'

"

230

96

♦107

*87

40%

87%
36%

-

108

*95%

.

107%

26

20 Va J

20%

160

6,800

108

95%

107

750
'

99

*24

108T

95%

107%

300

51

20%

20%

26

-

108
*

96
"

20%

37V*

; *24

•

108%

*95%

-

20%

89

<

99%

51

*'

*107

96

-

21 Va

99%

107%

73%

85%

85

144

*138

,

29%

31

y

*138

144

30

110

30

30%

5,400

LOW AND HIGH SALE PRICES

STOCK

Saturday
Nov
Par

Plough Inc
Plymouth Oil Co

*10

1

B

Monday

20

*40

40%

*10

9 per share

10%

10

41%

40%

41%

41

40

40

*40

39%

38%

12%

12%

12% "

12%

*12%

12%

12

10

13%

13'/a

13%

13%

13%

13%

6%

6%

6%

6%

6%

preferred series A—50

24%

24%

65 %

No par

65%

24</a

24%

24

1,300

11%

11%

1,500

CLOSED

13 Va

13 Va

13,800

65%

65

65%

23%
v

.

6%

6

24%

65%

>

5,200

40 %

EXCHANGE

13%

6%

Procter & Gamble

10

39%

40

STOCK

12%

13 Va

1

com

5%

24%

64%

65

Inc

5

*22%

23

22%

23

22

22

*91%

92%

91%

92

*91

92

*35%

35%

35%

35%

No par

21%

21%

21%

21%

com—No par

26%

26

26

com

Inc

preferred

23%

900

64%

64'/a

2,600

Day
'

21%

35%

21%

21%

21

25%

150

35%

2,900

21

21%

4,900

35%
21%

26

21%
90%

35%

*>'

91

35%

20%
*88%

90

35%
.

:

11

"

26%

25%

34

32%

33%

32%

33

32%

32%

32%

32%

15,900

30%

29%

30%

29%

30

29%

30%

29

29%

20,200

1071/a

107—

107%

107

»/4

26 %

.

26

26%

6,800

'

>

100

.

2,800

30

.

*106%

106 Va

106%

*106 Va

No par

*27 Va

28

27%

27%

27 Va

27%

26%

*20

21

*20'

20%

*19%

20%

*19%

20%

•19%

12 Va

11%

11%

11 Va

11%

11%

11%

70

70

70

68%

69%

67%

6%

7%

—

Purity Bakeries Corp

12,000

33%

No par

-No par

common

6

''

Public

com

21
"

500

*22%

Thanksgiving

'

$4.75 cum preferred...——No par
Service Co of Colorado—20

Shares

38%

40%

Co—.—10

Pressed Steel Car Co Inc

for

the Week

9 per thare

39%

40

Sales

Nov. 26

9 per share

10%

*10

40%
41

—No par

Power

Nov. 25

I per share

10

Friday

Thursday

Nov. 24

Nov. 23

! per share

10%

Wednesday

Tuesday

Nov.

9 per thare

5
5

—w

Pond Creek Pocahontas.—

(The)

1,600

49

*72%

$1.40 div preference

140

;

11%

16%

*20%

Industries

101 Va

*11%'

51

5%% 1st ser conv prior pfd—100
Pittsburgh & West Virginia
100

Pub Serv El & Gas

101%

300

48

85

class

500

80,300

24

'

49 Va

-

16%

*23

.

16%

87%

Electric

11%

7%

53

101

31%

101 Va

11%

'

23%

27,300

10%

47%

17%

1

IIV2"

u

n

9%

;-7%

8%

101%

lOlVa*

;

12
-

23%

*11%

32

*138

%

*;!

8

51 Va

34

100

24%

*88%

180

'

'

■

17

*83%

.

58V4

*15%

1,200

52%

*87%

1

12%

*165

40

700

93

*92%

50%

*88

12

300

32

-

*49

36%

85

*82Va

32

.25,400

38

105

x52%

40%

.

'

91

.

4,800

16%

16%
X38

♦104

<

•

11%

I7V4

20'/a

14%

*103

18

40

*10%
"

9

*100Va

-

107%• 108

93

>

110

17%

*16%

107

37%

*11
*31

%

-

13%

2,100

52

-*95%

89

58Va

'
*

.

55%

-

51

*•

20%

*89
*82
*
*11%
.*88%

v%
»%-

23%

40%

*109%

104

104

900
;

29

50%

51 Va

40%

*

17 Va

16%
*38%

--

#

55'4

*

55%

23%

.

v

'

■

11%

37%

40

104%

*10%

101%

,*85%

Pittsburgh Young & Ash pfd
Pittston Co (The)

•

•

21%:

•

-17%

17

9%

•

21%

96

18

13%

11%

V

18%
*26

'

3,500

'

112

17%

*38%

%

*10%

' ! *100%

HVa

52

19%

'"29 V

.

92%

101%

-

*26

92

100

conv

19

18%
-

92

*98%

7% gtd preferred
j.
—100
Pittsburgh Plate Glass Co
10
Pittsburgh Screw & Bolt
Nopar
Pittsburgh Steel Co com——Nopar
7% preferred class B__
100

5%

'

91%

21%

-

Oil

10 Va

92

99%

>

100

$5 convertible preferred—Nopar
Pitts Consolidation Coal Co
1
Pittsburgh Forgings Co—
1
Pitts Ft Wayne & Chic Ry com__ 100

Pure

46 %

10%

*109%

24%

12

Pullman

45%

32

24'4

11 Va

Pitts Coke & Chem Co com—No par

Publicker

46 %

11%

31%

25%

.

<101

conv

46

32%

24 ■ v. 24%
*107% 108%

L—-<--100
t—

100
Phillips Jones Corp com newJNo par
5% preferred
-—-100
Phillips Petroleum
—,..^No par?
Phoenix Hosiery
5

4%%

400

32%

8%

21%

,

.^No par

4% preferred
<—
3.60% series preferred--

Co

28%

32%

•

? *87%.

&

♦27 Va

10%

29

104

9Va

96

Potomac

28%

*27%.

91%

108

Poor

100

1,400

18

17%

20O

7%
13%

110

39Va

26

7%

17%

105

1,600

7,300

13%

32"%

•

■«

5%

.7%.

200

2 Vs.

25%

2

13%

*109%

17%

*104%

13V*

——No par » / *98%
com.

*28

.

110

39%

"'

>91%
'

29

*109%

17%

110

»*24
*100Va

__5

$ per share

14 %

May

*23%

9

EXCHANGE

38

9

27%

*10%
-

common—No par

NEW YORK

12%

i

;25Va

*107
20%

Lowest

19% May
11% May

Sep
Apr

2 Va

25%

8

14,000

41

2

25

*91

.100

Corp of America-,.

Electric Co

Range since Jan. 1
Highest

Highest

21
•

♦39

2%
25%

STOCKS

Year 1947
Lowest

h

41%

2 %

17%

;_No par

preferred

Range for Previous
i •;

*40

10

21%

25'%

%

,

13

15% Jun

41

104

2%

Pillsbury Mills Inc common
—25
$4 preferred
Nopar
Pitts C C & St Louis RR—
100

8

Sep

163%

32% Apr

>

7

103% Jan

11

18% Jan '
Dec

14% May

14

11% Feb

■

13

34% Jan; 5

1

Jun

<:

7 *\

13% Sep

41

*102

25%

13 Va

6,200
1,500

'

104

2%

Philco Corp common
3
3%% preferred series A——^100
Philip Morris ds Co Ltd common—5

'

3

,

common.

7%
20 V#

42%

102%

160

7Va.
20%

,

20%

*41%

preferred
L—
—^.100
Phila & Reading Coal & Iron—1

8
19

92% Aug 31
77% Jun 15

30% Feb 25

Feb

96%

•

Feb

July

88% Oct
••

22

63% July

50% Mar

30%

Jan

91'

•

Day

100

1,500

95

25%

*109%

,.100

15

56 %

*94

42%

20 V4

4.3%

.

22

37% Nov

88

-

7%

7

20%

21

Thanksgiving

21

*28*

..

33%c

—.

$1 div preference
4.4% preferred
3.8% preferred

/

8

45% July

25

Phila

•

*

*14%

55%

95

2%

4.

-

$6 preferred

;

10
-

21 Va Oct

Nov

35%

:

May 19
104% May 15
24% Jun 14

-

7%'

7%,
21

CLOSED

57

25%

Brewing Co_u—^—No'par
i * 16%
Pfizer (Chas) & Co Inc———1
*5 1
Phelps-Dodge Corp
!
——25
55Va
Philadelphia Co 6% preferred—50 ■'« *50Va

July 13

7%
21

«

15%

56%

21%

Pfeiffer

_

59 >

94%

22,800

21

33

Petroleum

*94

x57

8%

21%

*32Va

4Va%

'
'

20%May-15'."
64% July 12

>

20% Nov 24

120% Aug
109Va Aug

Dec
Dec

2

Feb

May-19

17% Jun 21

*14%

95

7%

40

6

98% Oct 2a

; ■

14%
57%

95%

20 %

105

Co

14%

15%
57%

95 %

1,700

8%

,

102%

17%

Milk

EXCHANGE

21

*104%

Pet

8%

21%

-*39V«

30V2Jan

:

8'/a

40,800

102%

<--50

Peoria & Eastern Ry Co

62%

97%

RR

Pepsi-Cola Co

'

8%

4%

21%

Pennsylvania Salt Mfg Co com—10
3Va% conv series A pfd—100
Peoples Drug Stores Inc—
:
5
Peoples Gas Light & Coke-^—lOO

5-

23% Nov 24

8%

46%

7

Rights

*

8%

2,500

4%

*101%

*11

—

7

Apr

21% Dec

21

STOCK

28%

'

10

Co_

24% Jan;

May

59

Cement

20V*'May

13% Jun

49% Dec

21

4%

13%

Nopar

Corp

7Va Nov 26

3736 V*

6

Oct

4%

*

9% Nov 26

Jan
-

—

!

4%

Sharet

3%
40

40

21%

*7'/a

-Nopar

;

Coke

Pennsylvania

Apr 22

Sep

4%

3%

41%

102y2

*26

Nopar
5

Enterprises

—.

May 24

Jan

Coal •&

Penn-Dixie

6

51%

&

4%

41

*2%

Penn Glass Sand Corp com-^No par
*
5% preferred
100
Penn Power & Light Co_
_No par

14

118%

„

Dec

6

Jan

20V* July
22 V«

Transportation

Mines

3%

41%

the Week

25%

<

2.50

Penney (J C) Co

2

38% Feb 27

Patino

3%

3%

41%

Sales far

I perthare

♦102

*41%

1.

3%

Friday

I per share

3%

57

7%

21V*

l

Co_j_.

Penick & Ford

1

Feb

24

21

Nov. 26

Nov. 25

f perthare

I per share

42%

*14%
\

'21

*20%

Thursday

Nov. 24

Nov.*.

8%

57%

*101

Wednesday

Tuesday

4%

r

96

7%.

1,

3%
42

15%

*95 V*

-Nopar

Proof

7

Jan

48%

Apr
13% May

Rust

37

28V* Ncrv

38% May
7

Parker

Parmelee

15% May
38% Nov

Feb

*

10
May 17
16% Jun 18'

8% May
32% Sept

9

Inc

Parke Davis & Co

2

*14%

108

Sept

8%

' *57

No par

193,*

4%

8%

1

37

42'%

4%

No par
100

preferred

3%

41%

Transp—5

preferred-

Panhandle Prod & Refining
Paraffine Cos Inc com__

May 27
Jun

&

3%

2%

Panhandle East Pipe L com

11

May 17

11% Jun 21 :•

2

Par

Pacific Tin Consolidated Corp
1
Pacific Western Oil COrp
—10
Packard Motor Car__
No par

6

'(2241)

LOW AND HIGH •All PRICE!

,

62% May 21
5% May 17

13

81* Dec

4*2

STOCKS

"

$ per share

3% Nov 18

CHRONICLE

RECORD

.

Year 1947

YORK

FINANCIAL

STOCK

Range for Previous
Lowest

&

107

27

107

26

300

26%

1,600

Q
Mar

25% May 25

Quaker State Oil Refining Corp—10

15

America com...No par
$3.50 1st preferred—_—.No par
—1
Radio-Keith-Orpheum
'.
.100
Ralston Purina Co 3%% pfd.
Raybestos-Manhattan —:—.No par

21

R

94%

Dec

80% Feb
Jan

105 Va Mar

7% Feb 20
63% Feb

11

6% Oct

7

89

Nov

10

28% May

41

Feb

17% May

32

Dec

28
Sep 30
22% Feb 20

Dec

38%

Feb

31

16% May

22 Va

32%

37

Dec

33

Nov

9% May

Jan

28

Jun

17

75% May 27
11% May 19
98 Va Jun

4

34% Jun

18

x36

July 28

35

May 17

July
48% July
39
July

16% Feb 20

27% July 12

36% Feb

24

45

Apr

27

Feb

16

39

Jun

2

18%

10% Feb

24

Feb

31

15y# May 27

96

Oct

11

May

16 V4

Feb

Dec

14%

Nov

20% May
10% Dec

29%

Feb

21

Oct

6

25 V4

17%

Feb

9

Nov

3

13% May 24

62

Dec

84 V4

Feb

55

Nov

10

12%

Dec

17

Aug

9% Nov

17

S6

Nov

102

Jan

87% Nov

23

99

24%

Jan

33 Va

Oct

11% Nov

24

29% Jan

4% May
3% Dec

9%

Jan

6% Feb

10

13% May 8
5% May 20
11% May 21

108% Mar

101

Jan

21

106

11% Feb

11

18

Nov

16

May 21

Radio Corp of

~

preferred

$2

Co

— -

common

7%

*90%

91%

91%

91 Va

*92

93%

92

*29 Va

30%

29%

28 Va

28 Va

*32 Va

32%

50
50

22%
*42

43

*37

37%

*11%

13

non-cum

1st preferred

non-cum

2nd preferred-—^50
common

preferred
Bros

7%

*29%

4%

7%

11%
*69%

7%

1

4%

Real Silk Hosiery
Reeves

12%
70%

7%

-25

Rayonier Inc common

Reading

—

12 Va

*69%

Inc

5
100
50c

*104

23

106

7%

92

45,100

67%

500

7

7 Va

7,500

*92

93%
28

•

20

*29%

30%

29%

29%

X28

28

27%

27%

27 Va

27%

27

32%

32%

32%

*32%

32%

♦32%

32%

100

23

23

23%

22%

23%

22%

22 3i

1,600

*42

43

*42

43

42

42

•42

42 Va

200

*37

37%

37

37

*36

37

*36

37

200

*11%

13

13

*10%

11%

*10%

11%

28
.

7Va

*32'/a
22%

*104

106

*11%
"104

106

*13%

13%

13%

13%

13%

13%

*9%

9%

9%

9%

*9%

9%

*104
13

106

*103

,13%

400

27%

1,700

106

12%

13

1,200

Rels

12%

9Va Nov 24

8%

Feb

2% Nov 24

Dec

15%

Feb

6V4 Nov

22 Va May

30%

Feb

9%

101%

Dec

14

May

91

Dec
For

113% May
24% Feb

110

footnotes

Apr
see

page




22% Feb
103

Jan

26

11
5

14% Jan

7

May 21

66

Aug
4
15% May 21

Aug 24

33% Oct

7

23

15% Nov 26

111% July 14
21% May 15

82% Feb

102

34.

17

Oct

21

(Robt) & Co—
div prior preference10
Reliable Stores Corp.:
;_No par
$1.25

Reliance Mfg Co common
Conv

pfd 3%%

series

Remington-Rand common$4.50
Reo

preferred

Motors

5
100
50c
25
1

Inc

*21

*9%
*55

9%
*88
15

1
50c
10

8%

Republic Steel Corp com
No par
6% conv prior pfd series A—100

27 Va

Republic Aviation Corp
Republic Pictures common
$1

convertible

preferred

Revere Copper & Brass com—No par

5%%

preferred

.—100

2%
6%

*105

16%
•99

23
10

57%
10

*21

23

*21

23

9%

9%

9%

9%

*55%

57%

55%

55%

9%

10%

10

10%

90

88

88

87%

87%

15 Va

13%

15

12 %

13%

8%

7%

7%

7%

2%

6%
28

108 '

16%
100

8%

■

9Va
*21

9%
55

9%
*84

11%
7

2%

9'/a

9%

*9

23

*21

9%

9

55%

♦55

10

2%

9%

87%

11%
-

700

200

57

87%

12%
7%

9%

9%

88

200

22%

Va

12

7%

11,400
400

9,300

7%

8,200

2%

4,000

6%

6%

6%

6%

6%

6%

6%

6%

27 Va

27%

26%

27%

25%

26%

25%

26 Va

8,900
27,600.

108%

'105%

108'/«

2%

*105

2%

108

16 %

16%

99 Va

99%

2%

'105%
16%
*99

2%

16%
100%

2%

*105% 108%

15%

16%

15%

16

99

99

99

99

.

4,900
50

Lowest

Highest

t per share

$ per share

S per

9.

9

Mar 19

104% Jan

39

Jan

19 % Nov

90

May

124

Jan

92

9

May

45

Dec

19

5

11% May 26
41% Jan

2

Dec
Feb

45

Nov

19

50

Jan

8

80

Oct

14

94

Jun

1

Feb

18 % Nov

26

24% May 18

15% Jan

26

49

Jun

21

Richfield

Feb

19% Nov

17

28

Jun

15

Ritter

10 % Mar

4% Sep

12

20% Nov

Sep

5
14

15% Mar

Oct

17

68 %

Oct

54% Jan

22

17%

26% Feb

9% Nov

9

Dec

18% Jan

19

107% Sep

21

40

Jun

55 %

Jan

39% Fed

24

5% May

12%

Jan

8% Feb

11

May

37%

Dec

32% Feb

11

Dec

Jan

2

139% May 28

Dec

Dec

58

Jan

9

Jun

12

Oct

8

Feb

13

98 %

July

79

Feb

18

7 % May

11%

Feb

23% May

55%

Jan

25% Mar

40 %

49%

Jan

39% Mar 10

51

May 27

5

95

Jan

Sep

92

Dec

103%

90

Dec

102% July
Jan

13%

Nov

18%

83%

Dec

98 % Mar

88

12% Nov

26

Oct

7

79

24%

Feb

13% Feb

11

55

Feb

44

Feb

19

26% July
62% Jun

17%

19% Nov

15% Feb

10

20% Jun

Dec

11

Dec

35% Feb

10% Feb
40% July

31% Feb

5

Feb

10 % Apr

43%

Mar

23

5% May
30 % May

5

Mar 25

29

Feb

20%

10%

22%

22%

1,600

19

19%

19%

19%

19%

19%

20

1

19

18%

1,600

19

60%

59%

5.9%

60

62

60%

61 'A

59%

60%

1,400

*59

10%

10%

10%

10

9%

9%

M)

*10%

10

1,500

17%

5,900

Dec

11%

Dec

104

Jan

No par
5

;

——5

17%
*109%

110%

Joseph

v

5%

vt e—100

Lead
series

A

112

*110

112

*90

95

*89

94

*89

*91

*90

94

94

94

13

29

Apr

6%

Feb

4% Nov

2b
26

27% May

41

Jan

26

39

Apr

51

Feb

35% Mar 13

14

May

18%

Dec

15

Mar

15

May

Nov

11

Feb

Dec

10

92% Feb

1177/8 Dec
23

39%

Oct

102%

35%

Jan

17%

"5%

$4,50

Oct

Jan

Oil

8%

160

10
9

90

98

July

*99%
27%

Nov

12

11

Nov

5

3 % Nov

24

Apr

Jun

16

Socony Vacuum Oil Cj Inc

14

Solvay American, Corp 4%

4

8% Oct

Feb

17

45% Aug

6

7

Oct

22

22%

Jan

11% Nov

24

36% Mar 17

Jan

56

Nov

42% Dec

36% Nov

27

Dec

34 %

25 % Mar 16

Jan

15

22

South

Gold

Carolina

16% Jan

5%
*■

E

South

43% May 24

42% Jan

8%

15

30% July

Porto

.27

115

112

21

20'%

21

20

20%

20

20

25

25%

24%

24%

24 %

24%

24%

24%

30%

31

30%

30%

30%

31

30%

31'A

30

30%

82

82

82

82

*81%

82%

*81%

827A

93%'

94%

93%

93%

94i%

94'%

*93%

94%

480

1 /

17

17.-

17%

17%

600

16%

30,200

Highest

t per share

S per share

8

May
Dec

23%

Sep

16% May
May

8

68% Dec

20% Feb

94%

$ per share
Nov

26

4

Feb

26

Feb

5

Nov

63

Jan

9

Aug 25

7%

com-4.50

'

*53.

55

$ per share

Jan

5

29% Jan

2

20

30% Jun

18

90%

May 15

61 % Mar 17

Feb

14
74

May 14

23% May 15

Feb

15% Feb

Jan

21% Aug 19

99

Nov

112%

Feb

95

Nov

20% Nov

37% Jan

16

12

29% Jan
104

Jan

29

26

29% Jun

3

79% Oct

18

91% Jun

10

Jan

18

26

27% May 15

Nov

Standard

$3.50

11%

12

40%

38%

*37

38%

38%

;

5

*4%

V

80'A

20%

13

53

Jun

16

Standard

Oil

80

69 % Feb

11

92% Jun

15

Standard

Oil

of

New

24% Feb

27

35

Jun

14

Standard

Oil

of

10% May

17%

Feb

11% Feb

10

Jun

49

Feb •

38

11

43% May 11

May

47

Dec

Dec

30% Nov

13% May

Oct

37

Feb

Feb

16

4%

18

Jan

11% Mar

Jan

32% Mar 12

39% Jun
97

7

Feb

6

10

Oct

19%

25% Nov

24

Feb

36%

12% Feb

11

15,% May 21
Jun

Sterchi

f

Indiana

Steel

39%

73%

73%

74%

26'/a

26%

;

Stevens

16% May 26

(J P)

&

Stewart-Warner

Inc_

Co

40'%

14% May

Nov

24

18

Jan

2

21%

Jan-

15% Sep

24

20

Jan

8

10% May

17

Feb

11% Jan

6

18 %

July

1

Stone & Webster

16

25% Feb

29% Jun

15

Studebaker Corp

7

Jun

10

24% Oct

Stokley-Van Camp

!
'

5%

Inc

*37%
*

34'A

13%

40%

12 %

12%
34'A

26

26

12%

16 »

May

10 % May

15%

16% Mar 16
7

105

July
May

75% Mar

114

Dec

7%

Jan

125

24

11% Jan

92

109% Apr

51

Nov

Oct

20

98% May 25

50% Mar 19

Feb

70% Nov 24

Oct

113% Jan

31

12% Sep

9% Feb

11

18

120

July

45%

Sep

9

21 % Jun

9

26

26% Jun

21

34% Mar

8% May

Jan
13% Mar

17% May

24% Oct

18% Feb

101% Jan
13

,

36

160

9

Dec

140

May

24% Feb

14

May

47

14% Jan

Mar

fee

page

Mar

Feb

35% Nov

21% .Oct

For footnotes

% Mar

8% Nov
24.




2
1

11
1

11

24

10

43

July 13

Sun

Chemical

Co

Clask A 4%% pfd

1

Sun ray

Jun

17
9

Superior Oil

16% Jan

19

Sweets Co of America

Paper Co

106

•

62

62%

10.700

39 7

39 %

39'A

11,800

73%

72%

73 7A

72%

72%

23.100

26%

25'A

26

24%

25'A

10,500

94

*92%

12%
*40

.-''•r 12%'
33%

*92

94

12%

.

12%
*40

40 %

(The)

200

100

38

12%

12%

12%

12%

12%

34

34

33%

34

2,800

89 %

89%

91%

.100

34%
-

90

*89*

900

.

25 "s

3.800

'

12%

12%

12%

12%

12 5

12%

13%

2,400

10%

10%

3.000

16'A

16%

1.5%

15%

15

22%

/

25%

.

23%

22%

22%

11

-

7%

8

10'A

10%

10

10 %

*15%

16%

*16

16 Vs

15'A

xl3%

14%

21 %

22%

7%
94

7'%

7%

7

300

16%

16%

13%

13%

4,700

21'A

'

"

21%

17,900

7%

7'A

7%

4,700

93

*91%

94

70%

70%

70%

70%

X61 %

62

*116 »/4

117%

*116'A

117%

*116%

117%

11%

ll'A

11%

16,600

18 %

18%

18%

2.500

19%

3,100

*90

94

*91

18%

*18'A

18%

18'A

19%

19%

19%

18%
19%

18%

'20'A

19%

19%

19%

39'%

*39'%

39%

39%

39%

39

39%

38'.4

9%

9%

9%

,.

10%

10%

10%

10'/a

24'A

24%

24%

25

172 »

*156
•

*150

170

25

154%

25%
154%

9%
24'%
*147

152

•

14%

14%

*14%

15%

14%

14%

39

37'%

*36'A

37

35%

35%

*35

9

9'A

8%

8%

8%

8%

300

\

200

15

*14%

37'A

9'A

1,400

7,500

154%; 154%

15'A

/

8%

36'

8%'

;

1,600

25

24%

25

,

•

9%

10

°

'

4,300

38%

39'%

*9'%

4,000

40

40

40%

37%

*18'A

4.16%

12%

37%

U%

*37i%

12%

12'A

39

11%

—10

94

25%

*90

*14%

s

*37%

11'%

,

1,700

62 %

39%

11%

50

107

62 'A

39%

11%

725

106

111

900

99

63

*116%

.

4

*96

39%

U>%

No par

Corp—'

Sutherland

111%

410

6,300

18%

18

19%

12,200

26

X69%

*20

80%

90

:

^
.

26

.

%

10c

Co_i—'

14

80'A

18%

19%

25

A

(The)—

44 % Jun

80 Vs

80%

80%

11%

_100

of "California;—-

Superior. Steel

21%.

:—1

—

series

Sunshine Mining

96%

20%

.

25%

69'%

*116

series B
25
Inc——/12.50

Biscuits

96%

22

117'%

4%%

preferred

96%

21%

26

94

-

96

22%

25%

69%

*90

7,500
1,000

70%
117'%

4%%. preferred
Sunshine

7%

7%

1

No par

Oil Corp common

Superheater Co

19% Jun

I

common

common

11% Mar 31
235

23

(The)_

Corp

28% Jun

9

1

22%

$4.50 series A preferred——No par
Sun Oil

1

15% May 24

19% Nov

32% May

4

15%

16%
23%

101

*87

90

'

15%

16 %

23%

12%
10%

10%

16

.720
No par

1

16%

23'A

25%

'

12%

10%

common—1

*87

90

.

16'A
23%

101

*37%

39

250

16'A

101

*92

94

34

.

%

'

—5

—7

prior preferred

*40

12%

34

4

19 %

12%

:
t

39

12%,
*87

—15

Corp.—

13'A

12%

*37%

>

*92

94s

*40

Sterling Drug Irtb' common—
5
3%%
preferred—100

36% May 21

27

*92

—No par

.7—7—1

74
'

27

3,500

73

40%

25

6,000

8%
66

62%

63%

40 %

27%

66

Day

1,300

24

111

103

39%

_100

Inc_;

80%

112

62%

common
-1
preferred—i_7_50

Stores

Bros

111'A

63%

25

_

Jersey

(The) L S

*100

113

*112

V

23%

8%

Thanksgiving

8%
67

101

63%

Spring

convertible

Starrett Co

8

88

No par
—No par

California—_No par

preferred series A

Standard

41% May 26

49

104% Mar

preferred—

100%

100%

Ohio common—10

preferred——

prior

67

■

.

68

96*%

21%
19

.

•

r

26%

27'A

67%

*66

19%

36% Feb

41%

66%

5%

29%

CLOSED

23%

8%

1,400
2,400

4%

*62

for

#hares

14%

*4%

•'

EXCHANGE

27

80'A

44% July

prior

$7

3%%

66

66%

STOCK

5'A

22%

8%.

Sales

4%

68

27%

81'A

37% May

$6

97% Jun 11
15% Oct 23

66'A

800

the Week

t per share

share

14

22%

8%

20,%

Standard Oil

*62

t per

4%

27

8%

'

-

80

/ Nov. 26

/•

15

22 3A

'

27%

8%

20'A

15

*4%

5'A
68

80%

22

14

22%

8%

"

par

22

Oct

*62

22%

pref—ffo

Oct

89

x4%

*96

Jun

Jan

14%

4%

*4%

5%
68

27

"

14%

4%

5

22%

22%

27%

Sper share

share

14%

15%

22%

73

July
31% Aug

*4%
*62

Nov. 25

*

8% '

7,000

69

■

Friday

Thursday

Nov. 24

95%

121

of

4%

5%

27 %

17,200

■

SALE PRICES

Wednesday

t per

S per share
15'A

AND HIGH

61

69

70%

Nov. 23

it

22

109% Oct

of

Nov.

61

'

,

Tuesday

Monday

95%

11

May

70%

96 %

27

88

*69

*69

22%

27

34

70'%

':.
r '/

48% "49%
39%' 39%

;
'

'

*95%

Feb

12

61

16 Vs

54% Jan

37

61

*23%

97% Feb

105

61%

23%

86

Dec

61%

16%

Feb

Mar

40%

62

16%

Feb

63

50%

39%

x23'A

July

94

x48-%

41

**i

16%

63

23% Jan

52%.

40%

-

23-%

125

114%

,28'%

28%

51%7

41

16%

May

May

89

28%

6.300

*22%

50% Mar

81

3.3C0

28'A

52%

*69

—

.28%

27%

28%

61%

•

60-

22%

:

—

28%

51%.

5.

*62

38%

28%

28%

15%
■

'

28%
X28'A

I per share

'

2,100

28 %

28%

28

41

70%

*15

*37

38'%

*37

300

2,100

40%

*37

27%

,•

/

f.

■

11%

*40

No par

com

55

11%

39'%

No par

Brands Inc

preferred

Standard G & E Co $4

,

45%

*52%

12'A

Nov. tiO

—No par

*42

55

42

LOW

preferred

45%

12 '/a

Saturday

Squar° D Co
—-7.
—5
Squibb (E R) & Sons common——1
$4 preferred—————No par

2

Aug

36%

$4.50

55

40%

*69

,

Conv

8,200

12%

%
par

7%

27%

STOCK

\

7%

*36%

tr ctfs—100

.

.

8% May 27
73

13

102

56

3,600

8

42%

62%

YORK

*43

45 'A

*54 %

%

500

3%

12'A

*60%

30

■

97%

42

28%

7,,

3%

*97

12%

27%

1,800
2,300

3%

42%

52%

Spalding (AG) & Bros Inc_l—-—1
Sparks Withington—„
No- par
Spear & Co common.,—
—1
$5.5q preferred—
No par
Spencer Kellogg & Sons—
1—1
Sperry Corp (The)————1
Spiegel Inc common—*—
_2

25

7% Mar 16

18%

Dec

7% Jun

20% Feb

45%

Dec

*43

55

16%

16 7 a

97%
.

42%

-41%

Mobile & Ohio stock

20% May 20

22% Nov

Oct

17% Feb

Nov

17% May

55%

»

1,100

;

,

*12%

'

25
25

EXCHANGE

24%

13% May

83

17

17%

45%

*43

45%

*43

^_50
—50

41%

NEW

31% July

27

23%

17

17%

52%

Highest

14

14% Jan
93%

7

82%

*93%
*17%

*

73

>.

114

STOCKS
Lowest

1,400

21

28%

Range since Jan. 1

Year 1947

32.200

*114

No par

Range for Previous

22%

112%

25%

Co_—7.50

70

Lowest

21%

111%

115
21%

Railway common__No par
non-cum preferred-/—
_100

20,

/

22%

8:

58% Feb

'

22

7%

Feb

*

.

*35

22%

8

Co

36%

36%
114

7-%

77

6

*35

1,700

114'%

>82

Southern

Jan

36%

7,700

39

26

8

Southern Natural Gas

73

4%

26%

22%

22%

22%

22%

4%

>26%

*35

36%

*35

36%

4%
26%

7%

30% July 12

'

3,100

27

3'A

62% July 9
50% Jun 23

7%

2.' «' »

26%

4%

26%

4%

4%

26%

16'%

11

4 % May

4%

97

27

May

5%

4%

3 J/2

11

15

5%

3%

43% Feb

13

5'%

5'A

3%

33% Feb
Oct

5%

3%

Dec

69

*5%

3%

Jan

Aug

5%

*3%

28 %

81

38%

*5%

17

50 %

Nov

39%

97'/a

Edison

13%

*13

13%

39

16%

—5

.

*13

•97%

50%

5%

10

800

1,800

10

9%

13%

17%

Greyhound Lines

79%

39%

97 J/4

%

3,600

35%

22%

,

38%

*13

16%

Co

3,100

35%

79

JH-

■

25%

.

22

23

9%

9%

24%

36'%

97%

Apr

July 12

9%

9%

*

Rico Sugar com_No par

Pacific

*76%

79

17%

—1.

California

Southern

23'%

1,300
4,700

101

*77

35'%
22%
*77%

36%

97'%

July

20% Feb

26%

17%'

May

Feb

25%

*96%

preferred—

Southern

9

27

101

25%

■

Southeastern

8

*99'%

—15

6

&

10

'99%

101

36%

6%

10%

6%

6%

10%

pfd—100

preferred—ui

cohv

6 J/4

10%

Platinum——1

&

preferred

5%%

6%

*22%

13%

*

60

ll'A

11%

10%

*20%

100

Jun

Amer

11%

2,300

,

39%

4%

115

-15
——10

preferred —U—.

*4%

22%

preferred ——
100
Smith & Corona Type writers-No par

South

17,700

11%

38%

5%

26%

4.20%

May 17

39%

11%

26 %

23

*13

13%
39

*35

& Iron——20

Corp—7,

23

5

39

*99%

38%

9%

10

10

5%

Smith (A) & Sons Carpet Co com—20

9

7%
40'/«

6%

79

*76%

79

38%

No par

Sloss-Sheffiekl Steel

23

100

7'%

*7'A

39%

10%

27%

36%

23

•

7%
40%

11%

,;

101

26%

38%

*13

—15

26

Jun

5% Mar

Gl———No par
Co————1

Pen

104% Jun

39

37 % May

68

27%

*76%

Co—r—No- par

3%%

11%

*11%

*

*7%

7%
39%

8

—1

Skelly Oil Co————

9

3,000

*99%

No. par

19

Apr

29

1,900

38%

101

Simcinds Saw & Steel

39% Jun 18

Sep
Sep

16%

37%

6'A

Oil

(AO)

16%

38%

10%

King Coalition Mines—-—5

Smith

17%

38

*5%

Sinclair Oil Corp———

3

16%

39%

10%

6

6

Corp of America—1—1

Simmons

8

57

17%

40%

40

.i

11%

*11%

1

v

Silver

*7%

8

56'%

17
39

*57 %

——No pai

(Frank
A)

39

39%
40%

40

200

53

:56%

58 %

17%
39 J/2

59%

11

Corp—

(W

Union

Sheraton

23

14% Feb

Jan

54%

57% May

4,500

10%.

Gas'—.

&

Steel

Shattiiclf

21
Jun 21

25% Oct

40%
22

19%

*7%

,_5

—

1

preferred

Shamrock

32% Jun

52

28

19%

39

No par

———

Servel Inc common—

7% Jan
5
7% May 18
36
May 15

35.% Jun

17

Feb

Nov

34%

20'A

rl7%

Shell

11

96

14% May

19%

*57

Sheaffer

81

Dec

5%

20%

17 J/4

Roebuck & Co——
No par
Seeger Refrigerator Co
—_5
Seiberling Rubber Co_r—_——_1

2

26

29% Nov

Jun

13% Mar

42

20

21%

,

Sears

15

Feb

18

Oct

23% Dec

3 % May

250

20%

59%

13% Oct 20

91

87 %

82%

20%

*17

Seaboard Oil Co of Del

21

24% Nov

29% May

82 %

21%

*58

series

preferred

46% Jun

44

3,700

12%

68

10

12%

83%

Feb

5% Nov

100

%

12

12%

23

Feb

40

88%

82%

*38

15% Jan

700

90

*88%
*87%

87%

13 'A

No par

9

87%

84%

Sharp & Dohme common
No par
$3.50 conv pref series A—No par

11

88'A

13

Sharon

24

90

*83

2

Mar

47%

*88'%

13%

10

9% Nov

X47%

83%

22

28% Feb

47%

27%

49 %

13

46% Oct

12

47%

28'%

28%

83

27% Jun

Feb

27%

11,200

13%

36% Jun

Feb

2,600

28

84%

11

22

*87'%

88%

*87%

13

*83

11

35% Dec

88

90

83%

12%

*13%

Feb

21%
■V

*48'/a

48%

48%
*88

•

88%

*87%

Mfg Co 3.65%

17% Feb

9%

65

90

83%

13

88%

27%

29

28%

48%

30

6% May
4

29%

*88

85

12%

13 'A

'

*48%

230

*83 'A

85

13 J%

13 J/4

13%

13%

13,600

9

8%

9%

8%

9%

9
*83

84

83

85

x39'%

41%

41J/2

9%

9

9%

9%
*84

4

24 % May

2,200

39

*107

4133

40%

41%

A——-100

31

Apr

39 %

40

114

24% Nov

78

9,900

*110

Oct

25

10%

114

Jan

Feb

5.200

10%

*110

Dec

26

48%

114

41%

preferred——-100
-—5
series A
—100

non-cum

350

110%

47%

10%

10'%

11

10%

11%

17%

49i%

47%

49% "

110

111

111

111

49%

17%

17%

17%

17%
110%

,300

26

*25

*112

Regis Paper Co common

pfd 4.40%

9%

50%

10%

11%

11%

•

110

49%

51

*50%

Ry Co—100

Louis Southwestern

110

%

17%

17%

17%

—100
;
—10
t c—No par

82

Dec

14%

26

(The),

(Jacob)

40%

May

70

Feb

400

23

33%

30%

Apr

24% May
18

94

5,600

26

Seagrave Corp

8% May 15
14% Jun r 1

Jan

10%

22%

Seaboard Air Line com v t C—No par

12% July 12

5% Mar 17

110

2,203

10%

10'A

Seaboard Finance Co———1

4

9% Mar 16

Dec

101

5%

21

9

59% May 6
8% Oct 25

16% Feb

16%

5%

-

26

5%

16%

10% May

*20 %

5'A

23%

pfd——100
Scranton Elec C\ (The) common—5
3.35% preferred ——
100

6

Dec

6%

20%

5%

10%

7

Oct

11

27

20%

5'A
26

Scovill

l4

43% Nov

26

20%

5%

23

Corp———*-5
Schenley Distillers Corp
1.75
Scott Paper Co common—ilNo par
$3 40 preferred —
Nq par

24

11% May

13,400

27%

20%
10%

*

—25

Savage Arms

Apr 12

39% May

26%

26%

5%

5'A

26

1st

9

15% Jun

26%

28

21%

27

*20% *

10%

5%

7

87

2,100

24

St

15% Aug 24

93% Apr

709

18 %

26%

16

35% May 21

87% Nov 24

84%

18%

10%

91% May 20

5

84%

Day

23%

St

13% May 27

Dec

Nov

Thanksgiving

18%

26%

Preferred

57

Dec

85%

18%

24

St L-San F Ry Co com

80

10

85%"

18%

10%

6

Dec

8% Feb

85

27%

St

66

Jun

46

x

10%

48% May 15

67

101

2,500

24

9

16 % July

10,200

45

26 'A

Controls com—1

preferred

conv

Royal Typewriter

16

61% Jun

29

20%

Safeway Stores common
5% preferred

17% Oct

114% Mar

60%

27%

20%

2

26% July

Dec

68%

27%

Ruberoid Co

Dec

18

Oil

Ruppert

108

Jun

19%

0

21% Jan

35%

18 %

80

18%

4%%

x20

113

46

b5

19

5%

1,100

35%

CLOSED

Ronson Art Metal Wks Inc——,—2

May 28

72

*44

£5

19

5%

6%

46

85

40

*84

Corp——>—No par
No par
Antelope Copper Mines———

6%

EXCHANGE

35%

*44

1,200

6%
45

6%

35%

6%
36

8,309

,

21%
103

*102

*44

"44

.1

series

3.60%

Robertshaw-Pulton

U

27% May 27

Mar 16

24%

42% May

6%

35%

Company

Roan

July 12

23% Oct

6%
36%

1

10

Preferred

29% July 12

8

6%
35%

6%
36%

100

Common

Rheem Manufacturing Co—

7% May 21

29

6%
36 %

Shares

5%

21%
STOCK

104

*102

103

*102

103

*102

103

*102

1
10

Reynolds Spring —
Reynolds (R J) Tob class B

16

6% Feb

19%

22 %

Inc

the Week

share

5

5 %

22

10

19% Feb

Dec

5

22%

6% Nov

31

Sep

18

5 Vh

22%

18% Dec

Jan

23 % May

.5%

5 %

22%

50%

Apr

13%

5%

Reynolds Metals Co com——No par
5%% convertible preferred——100

22

( per share

share

5%

22%

34 % Nov

25%

share

5%
23%

f pe.

for

Sales

Nov. 26

Nov. 'i"t

»l

5%

Feb

104

t per

*22%

16% Feb

May

85

S per

f per share

share

isov.

Friday

Thursday

Wednesday

Nov. 2.1

S per

Par

PRICES

SALE

Tuesday

Nov. '*1

2.50

Rexall Drug

44 %

36% May

Monday

.(nv, :to

share

May 15

8

29 % Apr

Jun

19 %

S per

share

Nov

5

Feb

11%

Dec

AND HIGH

LOW

Saturday

STOCK

EXCHANGE

Highest

Lowest

YORK

NEW

Range since Jan. 1

Year 1947

1948

Monday, November 29,

CHRONICLE

FINANCIAL

&

STOCK3

Range for Previous

6%

COI/TMERCIAL

THE

(2242)

.

..

300

1,500

Volume 168

Number 4755

THE

COMMERCIAL

NEW
Range for Previous

Range since Jan. 1
Lowest

Highest

$ per share

YORK

FINANCIAL

STOCK

CHRONICLE

$ per share

NEW

Highest

$ per share

YORK

LOW

STOCK

(2243)

AND HIGH

PRICES

8ALE

Saturday

Monday

Tuesday

Wednesday

Nov. 20

Nov. i:i

Nov. 28

Nov. 21

EXCHANGE

t per share

Par

t per share

$ per share

Thursday

Friday

Jun

37%

Jan

29% Sep

27

36% Jan

Swift

&

25

>30

20%

30 %

30

Dec

27%

Jan

10% Nov

26

30%

22

Jan

8

Swift

International

11%

11%

Dec

11%

11'/a

11%

Feb

27

26

Jun

3

Sylvania Elec Prod Inc com__No par

22

22%

22

21%

22'/a

80 %

22%

20%

2i ■/»

21

91

Aug 13

85

8374

8374

*8374

79%

Dec

104% Mar

5% May

Apr

Feb

10%

4% Mar 12

7% May 18

$4

Co
Ltd

preferred

Symington

No par

Gould

Corp

>83

85

5%

—_l

>83%

5%

5%

5

2974

30 %

30

30

29 %

fo»

Shares

30

4,300

10%

CLOSED

13,500

21%

4,500

83 74

84

100

x474

*

EXCHANGE

5%

11'4

20%

STOCK

84

5

57 a

5

the Week

t per share

11%

28%

17% Feb

11%

11

18%

I per share

Sales

Nov. 26

Nov. 25

t per share

$ per share

3G%

27

23

RECORD

STOCKS

Year 11)47
Lowest

&

5

8,200

T
10

Feb

9% Mar 16

3% May

7%

Jan

3% Feb

13% May

20%

Aug

53%

May

14

5% Jun

28

Talcott Inc

1974 May 27

Tennessee

52 % Feb

14

67

24

Dec

15% Nov

Nov

—1—

Jun

15

Corp

10

25% May

8

Texas

Feb

13

71% July 12

Texas

Gulf

Nov

10

25

Texas

Pacific

Texas

Pacific Land

Oct

26

Gulf

15%

Jan

34%

Dec

29

Feb

10

48 % May 13

Sub

41

Jan

58%

Feb

45% Feb

5

65% May 24

Texas &

13%

Dec

15 %

Dec

11

Mar 11

20% May 24

Textron

18 %

Dec

19%

Dec

14% Nov

12%

24

24

Dec

21%

Feb

5% Nov

26

14% Jan

8

41

Dec

59%

Feb

27 % Nov

12

46 % Jan

9

12

May

17%

Feb

12% Apr

15

9% May
Dec

13"%

Feb

6

Nov

24

15% May 21
10% May 15

60 %

Feb

37

Nov

26

47% Jan

9

14%

Feb

7

Sep

29

13'% Apr

19

24%

Oct

19

Apr

30

24

45

6% Aug

16%

Jan

10

Sep

38

May

85

Dec

16%

3% May
20

Feb

774 Oct

5

Jan

59 %
106

39% Feb

11

Mar

85

Feb

$2.4o

Co

Feb

1% Mar 11

4% Jan

6

39%

Feb

19% Mar 16

31% Nov

div

conv

32% Jun

15

25%

Oct

19% Feb

13

Dec

108%

Feb

95% Jan

2

10474 July 12

$3.75

21%

Feb

Mar 17

2374 May 27

Timken

53%

Oct

42% Nov

26

55

Timken

Roller

40%

38%

*47

,11

11%

11

11%

7.800

*15%

15%

15%

15

15%

1474

15%

15

15%

3,300

*6%

7

674

6%

6%

674

6%

5%

28

2774

27%

27%

2774

*2774

27%

*27%

28

*13%

13%

13%

1374

1374

13%

*13%

1374

*1274.

13%

6%

6%

6%

6%

15

:

93

Dec

104

Jun

7

Dec

16

Feb

30

Nov

51%

27

100% Jun

11

24

Coal

preferred!

Oct

24

14% Jan

5

Twin

12

2

Udylite Corp

prior

Coach

28.

1,800
70

3%

1,300

*27'%

28

3%

2774

200

23%

23

102%

>102

102%

102%

18%

1874

19

19%

1874

19

1874

18%

4,100

44%

44%

43%

44 %

*43%

44%

43

44

42 %

42%

700

10%

1074

10%

10%

10%

10%

10%

10%

10%

10%

1,600

5

10%

1074

10'/a

10%

10

107a

10%

1074

10'%

10%

3,500

1874

*1774

18'/a

17%

17%

17%

1674

1674

*18

1

7 74

99%

12.200
■

■

."

120

"

674

7 Vs.

6%

90 '/3

99%

99'/a

9874

X1374

7

200

12,600

9874

140

15%

1574

15

15%

1474

15%

14%

3,300

19%

1974

19%

20

1974

2074

19%

20'%

10,600

32%

32%

*32'4 '

33%

32%.

3274

32 %

32'4

,*9774

99 74

*97'4

*97%

£974

5%

5%

No par
50

Co

23

102%. 102%

19%

19%

No par

preferred

1574

7

7

9974

9974

22%

102%

•

*16%

77a

•

98%

23%

23

3374

15%
*32

No par
com

23

77a

*9874

—5

prior

cmv

3%

87

10274

com„No par

City Rap Transit

5%

3%

46%

19

.23%

1027a

Co:

$4.50

17

*28

30

*28%

3%

3%

9

*8%

46%

*86%

19

No par

preferred

Jun

24

3%

3%

29

23%

common

conv

Twin

3%

No par

Corp

Century Fox Film

8% May 27
32% Jan 21

86

_2

$1.50

6 % Nov

Feb

1774

974 May

Jan

4% Nov

92

9%
47%

86

.

No par

Bearings

preferred—

20th

*874

46%

87

*102%

1074 May 15

Truax-Traev

9%

4774

86

10

107% July 22
19% Aug
5
25% Mar 31
5

*8%
47%

—5

5

36% Jan

9%

No par

com

Axle„

11

10

BOOT

29%
23%

5% Feb

Nov

2,100

4874

29

Transue & Williams Steel

12% Mar 16

8%

20%

88

*8%

30

8%
20%

48

No par

23% Apr

17% July 30

37

8

88

*3%

5

32

37

120
200

1.300

21

8874

No par

15% Nov

Jan

3 774

21

21%

1,500

,

6

49

com

Nov

Jan

6

774.

8

21

6%

*37

38

7%

,

21

6

*48'A

_100

20%

48

38

8%

874
21

9%

*8%

39

*38

8%
21

6

*87'

No par

14

38%

%

39

*20%

Corp

15'4

6

*8%

1

Western Air Inc,

Dec

6 %

39

50

Transcont'l &

Aug

*

No par

preferred

Tri-Continental

900

6

*27%

l

com

9,800

48

5

Transamerica

34%

39'4

47%

11%

22% Mar 11

21%

38%

7,200

3,400
16,000

11%

No par

Tide Water Associated Oil

$6

3874

47

22

47%

13% Jan

Nov

38%

16'4

62%

11%

13

96

3874

1574
62

21%

.

V

47%

23

Feb

38%

1

22

11%

Nov

Feb

16%

63%

2174

48%

10

Nov

15%
XG2 74

21%

11%

10% Nov

7%

1674
65%

21%

- 1

*47%

Jan

112%

16
65
*

4874

Jan

Dec

1674

16%

600

39%

1574

Dec

12,900

66'4

2274

12%

5374

22'4

10% May
13% May

99

52%

i

Detroit

11

53%

50c

preferred,

cum

May

May
-574 May

53

v.

Corp

Thompson-Starrett Co

15% May
40% May

7

54'4

22%

(The)

Products

18

May 21

5374

65%

preferred

Co

94

17

54'4

No par

preferred

$3.50

54%

16%

:

Transit

Steel

Thompson

4

54%

22%

common—

Avenue

4 %

1.900

4

l

Thompson (J R)

16'

17'%

4

Day

100

preference—

8

10% Jan

5974 May 26

96% Jun

1774

4'/a

No par

Thermoid

$2%

17%

4

Trust-

Fair

Third

17 «/a

'

preferred—

conv

loo

10%

10%

Thanksgiving

4'74

1774

65%

Thatcher Glass Mfg Co common
The

10%

*474

17%

l

common

conv

*10%

1074

*1074

4%
1774

*4

10

new

Ry Co

Thomas

7%

May

Inc

10%

*10%

4 %

17%

No par

Oil

&

ctfs

Pacific

9

Jun

6

share

$1.25

May 22

Producing:
Sulphur—
Coal

10%

4%
17%

25

—

47

*10%

5
5

;

19

46% May

9

Corp

Texas, Co

58%

Jan

(James )l

Telautograph

14% Mar 16

68% July

Sep

10%

11% May 21

11

,

*25

7%

_1

9974

99%

9974

100

5%

5

5

474

4%

474

474

700

25

25%

25

25

24'/2

25%

7

26

!

300

*97%

*5

7%

7

6%

6%

7%

•

99

74

674

26

*24

220

674

6%

3,600

U
12

Dec

15% July
58% Feb

43% May
9% May

15%

25% May

9% Nov 26
42% Nov

37%

Dec

115

Oct
Mar

(The),

26

59% Jun

15

Underwood

9% Mar 16

Jan

16 % Jun

15

Union

Asbestos

39% May 26

Union

Bag &

43% Nov

1

Union

Carbide

8

Un El Co of Mo

27% Feb

11

37'% Nov
105

Jan

12

103

Oct

28

110

Jun

Corp

Paper,
<fe

Dec

106%

Sep

91

Feb

9

98

Jun

7

Preferred

$3.70

series

Dec

Jun

80

Nov

4

90

Jan

24

Preferred

$3.50

series.

No par

27

Dec

20

Apr

May

15%

3874 July

6

Union

96 % July
•

1

Union

51% July

8
2

Feb

31% Jan

26

41% Jun

25%

Dec

Dec

22% Feb

10

30% May 19

Sep

104% Nov

24

110% Jun

Dec

„

24

19% Apr

2

26

90%

28%

Apr
Apr

120%

59

Nov

Oil

Tank

United
5%

Air

Nov

19

Jan

22

23% Oct 25

United

Biscuit

8

Nov

26

15% Jan

2

United

Board

35

Dec

27% Feb

20

36 % Nov

20

United

26%

Jan

3%

33"-

Dec

50

2%

Dec

Feb

5

2% Nov

10

42

Jan

Nov

27/8 Feb

53% Mar

Dec

65%

Jan

4%

Dec

5%

29

Feb

83

Dec

41

Nov

8%

Dec

40

Feb

5

36

July 7
5% July 15

55

Jan

5

11

374 May 15

13

Unite

Feb

4% Feb

26

May 27

United

Jan

60% Nov

15

Oct

16% Feb

13

82% Apr 22
28% Jun
3

United

33

43%

Jan

May

44%

Jan
Dec

24%

Jan

19%

37% Jan

21

46% Jun

Feb

10

58% May 17

Xl9% Nov

22

23

59% July

20

Feb

12% May

9

48

12% Nov 23

11

May 24

21% May 26

7%

23%

86

13%

Dec
Dec

37

Oct

16% Feb

27

89

Feb

20

101

Oct

15% Feb

11

Feb

92% Feb

11

24% May 15
113% Jun
9

166% Oct

18

179

32 74 May 15
Jun

Jun

U S &

9

U

21

Nov

24

42% Jan

9

U

S

4% Nov

26

8% Jan

7

U

S

Leather

Nov

18 % Nov

24

8

Dec

Xl7%

2

U

58

U S

39

Jan

24% Nov 24

103% July

87

51% July
81

Feb

Mar

6

38% Feb

11

125% Mar 19
37% Nov

26

64

Nov 23
67% Mar 17

Dec"

80

150

Feb

129% Mar 16

July

9

37% May 21
94

May

49% May 15
137% Jan 13
58 % Jun
72

1

33 Va

1,600

25 %

24%

25%

2474

25

24

25%

24%

5,600

106%

*103%

10674

1974 Jan

8

Nov

23

Feb

17% Feb

Dec

48%

Feb

37

5

42% May 20

8%

Oct

4% Mar 16

8

6% May 21

Jan

12%

Feb

8% Feb

10

U

preferred—_ 100

*103%

Inc

■*

common—,10

874

*8%.

874

x8%

3574

35%

35%

2474

Cotp—No

S

class A

Co

U S Smelting Ref & Min

77c
U

S

11

Co

S Tobacco

77o

12% May 26

11

Universal Laboratories Inc,

4

Mar 16
Feb

17

98% Jun

6% Jun

23% Jun

9

15

8

$6

preferred

conv

United Wall
47o

For

Feb

150

Feb

6

7% Sep 28
47% Nov 24

170

May 22

15% May 21
70

May 20

10

27% Oct

16

Universal

Leaf

8 7c

$ per

AND

HIGH

SALE

$ per share

share

PRICES

t per

22

21%

20%

94 74

*93%

1674

16%

16%

10174

100%

102

172%

*171

100%

97a

6774

67%

*6774

69

25%

25

25'/a

24%

25

5 74

5

CLOSED

5

9%

9474

1674

600

101%

3,100

99%
*171

874

5

*9

*6774

7,800

21'/a

1674

EXCHANGE

21

5

9%

Shares

20%

10074

874

9%

69

the Week

share

*93%
STOCK

172%

9974
171

172 74

Sales

S per

9474

1674

I per share

21%

*93%

16%
—

for

Friday
Nov. 26

Nov. 25

22%

*171

Thursday

share

947a

22

*93%

874

69

*67'%

Thanksgiving

23%

21%

Day

5

474

174

100,

874

1,400

69

10

22'%

4,800

3

1,600

19 74

19'4

1874

19

18%

18%

18%

18 "a

1,300

13'4

13%

13%

13%

1274

13%

X1274

12%

6.300

46%
26%
*86 >
42 %

*127%-

39%
*6574

74

43%

54%

*54%

25%

2574

j. 74
41%

12874

t

3874

65

65

.

8

64

8

"

64

43

*54%

57'

25

40

39 *

100

1,400

x43

2474

88

*86

41%

12774

9

56

24 'A

42%

*7'%

4374

*86

88

128'4 128 Va

39%

39

39%
66

42

42%
-a

127%

42%
128

*86

88

*86

88

44

5474

2674

2574

26%

44

57

*5474

56

9

4574

45

46%

*8

9

*8

9

39'%

128%

126'%

100

24% '

5,200

88

40

7.300

127%

790

'

38

1

39

*62%

3774

64

*62

38

2,900

64

200

"

73 74

7174

72%

71%

135 %

135%

135%

18%
*38%

40

*4%

5

*9%

9%

18%

1874

18%

18%

40

*38%

'

*39,

70

7174*

71%

135%

1,35%

13574

70

135%

7074

X1874

18%

*18

39%

*38

1,000

18%

x39.%

19

33.600

136

40

-39%

3,200
100-

'

474-

*474

9%

*474

■

Tobacco

.

9%

9%

'

•5

474

474''

474

4%

974

r

9

9%

9

9

<88

92

•

600

1,000

*

*88

1

92

90%"
3%

3%

2
50

'3%

3%

*88

28

*88
'

*24%

3%

91

*88

3%

3%

*

*24%

28

*24%

1674

5%

1

16%

1674

1674

1

5"%

574

21%

20%

*21

com_No par

preferred

*154

100

preferred

com,,l_1

*49

Vanadium Corp of America,,No par

22

17

1574 May 17

Van

Norman

16

26 74

Ma'v21

Van

Raalte

12 74

July 19

x20%Novl0

1574 May 21
29% Jan

6

86

Feb

21

94

May 28

86

Feb

13

95

Jun

24.

4

Co

Co

Inc

j

8%

r

100

.4%%

2174 Feb

Feb




15,500

13%

*54%

No par

Universal Pictures Co Inc

1074 Nov

Jan
page

1274

19 74

v14% Feb

94%

see

12%

5%
21

„

1674
57a
*20%

28

•

1674

*24%
17

5%

5%
21

*20%

92
„

3%
28

3 %

*24%

17%

5%
21

17%

5%
20

3%

.

—

2,600

28

17%

1,000

5%

2,000

20 %

500

'

94

footnotes

127a

13574

Paper Inc common

conv

.

39

12%

"

United Stores $4.20 non-c 2d pfd—5

17

Nov

1274

101%

25
1

Jun

85% Nov

12%

1674

No par

com,

10% Jun

84

1274

72%

preferred
Stockyards Corp

20

4

22

19

2074 Jan

1,000

13574

non-cum

United

13

12% May
26% Dec

8,800

19%

13%
*8

50

Feb

Nov

Feb

—

51%

19%

*39 %

'

3 % Nov

Dec

Feb

700

51

1974

100

*16

88

11%

—

4074

52%

1974

'

23%

1874

40

51%

1974

No par

Corp common

preferred—:

Feb

—

39

537a

5

5o

com

22

--

407 a

*18%

100

preferred

Steel

77o
U

5

2,100

19%

17

172%

25%

200
450

21

5274

Nuv. 21

,'

5%
63 Va

20 %

Wednesday

*9

,_'_4_10

common

1st preferred

non-cum

preferred
Universal-Cyclops Steel Corp

Feb

*40

"5%

*61%

"

Ncv. 23

*67 %

Corp common,,—I
pfd series A—
100

21

22

'

1

Jan

Dec

20%

Tuesday

101%

10

34

13% May

6

63

20%

Nov. '$'2

*171

No par

22

1474

6
63

21%

19%

2274

common

Sep

Feb

674
63%

5374

94%

No par

23

91%

*6

21

Monday

22%

preferred

Rubber

600

40%

1274

*16%

Plywood

S

23,800

53 74

12%

*93%

_No par

Feb

Dec

'*

20

common

conv

2%
41%

40

$ per share

100

Chemicals,

Co

2%
41%

xl974

20%

12%

par

150

2%
41%

Saturday

common

Jan

56%

40

52% ,53%
*20%

No par

May
4% May

*

40
„

4,000

2%

63

6

100

274
43

41%

42

63%

x21

1,700

2,700

30%

274

21

6

63

63

21%

LOW

Jun

Feb

6

C274

2%

400

8

42%

Nov. 20

10%

Mar

2%
41%,

21%

STOCK

52

29%

2 74

41%

5

109%

Dec

*5%

274
41%

1,300

3474

<28

274
44%

*43

16,300

20 %

8

3474

30

274

44%

100

9%

59'%

19%

8%
35

30

3

*43

2%

100

,

Cos,

3074

274

3

44%

*43

41%

2%

common,1—, 1

274

3

*30

32

*28%

32

44 %

*41

5

..

Dec

13%

*28%

par

105%

974
59

2074

874
x35 74

Stores

*104

10

59

8%

Dec

192

*20

974

36%

Dec

Dec

21

21

2074

24%

1047a

*57

*8%

No par

Co

104%

10%
59 Vz

3574

5%

163%

2074

21

105

10

59%

No par

,

96%

Dec

21

—No par

*59%

617/a

*104

10%

62%

10

10
.

Corp,,-—10

Carton

x33%
16

9%

61%

.,100

& Foundry—,——,,20
Playing Card CoA—
—10

8%

24

Jan

20

5

common

S Pipe

3%%

Apr 21

87% Oct 23

14074 Jun

5

Nov

U

7

&

Lines

S

4 % %

53% July 13

Jan

38

1

Partic
U

13

Feb

61% May

5

9% May 20

16

Feb

133

Jan

21'4 Jan

39% Feb

-60%

*33

S Hoffman Machinery com:—5
% % preferred
!——,„—100

49

165

33%

4

Feb

Dec

Dec

U

4

46%. Oct

Dec

67

36

Jun

73

40%

38% May

17% May 14

11% Sep 27
774 Mar 30

Oct

Apr

127%

33

Coal

Industrial

Oct

Dec

33%

1

Feb

23 % May

3374

preferred

9%

92

34%

Gypsum Co

53%

Dec

34'/a

<,

S

77c

2

Dec

May

35%

1st preferred

5% May
25% Jan

46%

2.700

*34%

No par

Freight Co

76

^35

46%

Col:

S

5

24%

6,300

.46'4

Foreign Securities,,No

$4.50
U

22

10

85

46%

Par

% Nov

39%

84'4

46

YORK

67% Nov

Dec

29 %

82%

4674

United Gas Improvement Co,—13%
United Merch & Mfrs Inc
1

Feb

Jan

29 Vb

84

46 '4

United Engineering & Foundry
5
United Fruit Co
No par

Jan

9%

5,300

2974

83

4674

Co

Electric

94

16%

20%

83

2974

85%

&

33 %

:

2874

2974

4674

Sper share

196% Mar

Dec

71%

$ per share

107%

May

171

140

EXCHANGE

Jan

106

82 7 4

8374

Dyewood Corp

NEW

20%

Dec

95

*82 Va

'

Lowest

t per share

1274 May

"90

82%

297a

preferred—,,,

Range since Jan. 1
Highest

Highest

15% May
91

95

*81 %

STOCKS

Year 1947

t per share

*90

82

47

Fastener

Range for Previous
Lowest

95

82

95

85

preference

10%

60

"90

3

19%

21,100

81%

*43

95

4,300

38»%
104 Va

29%

Cig-Whelan

11% May

29%

3774
*104

81%

com—30c

$3

2874

1

39%
104%

82%

$3.50 convertible preferred—.—100
United Corp common
1

47% May 20

30

3774

85

Corp

Carbon

United-Carr

29

>103'/a

39'/a
104

600

29%

Lines

24%

Jun

10374

600

3,100

13%

*46

preferred

18% Sep

*00

30%

3874

39'/a
104

9'/a

43'%

82%

*90

25

Car—

28%

38%

95

29%

3074

30

104

9%
42%
*1274

50

Co

convertible

4%%

30%

3974
104

974
44

"1274

50

Aircraft

United

Mar 22

127a

com,,

RR

non-cum

Union

43%

13%

9%

preferred™

California

of

Pacific

4%

3

9% Nov

110

Dec

75

27

38%

16% May
102

11
10

45% Sep
30

21% Feb
79% Nov

44%

*13

103 %

No par

104

X44

13%

39%
*

par

91%

*9%

46'/a

13%

9%

2)74

No par

85

10

46

13%

9%

,„r.No par

Carbon

pfd $4.50 ser„No

10

47

13%

5

Co,,

*974

47

1

j.——,—No par
Rubber

&

?

157

-

*11

11%

*23

24%

*12%
*20%

13 Va

Vieks Shreve & Pacific Ry com_100
57c non-cum preferred—
100

*86
*86

;

8%
49

*154

*154

157

155

,

8%

8%

7%

8%

48%

4874

47%

47%

20%

20%

1974

20%

1074

1074

*154

774
*47

155

774

_

4,700

48

220

20

1,900

*1

10
*

49

-

I

20%

22

2.50

Vertientes-Camaguey Sugar Co„674
Vick Chemical
Co—
2.50

8%

50

;

i

157

*154

8%

2174

*

22

11

11%

*23

23%

1274
20%

88

86

90

*86

1274
20%

*23

1274
207 a

1074

*23%

24

1274
20%

12%

"

:

20 %

19%

1074

*10%

10%

24 '

*23 %

23 V2

1274

12%

2.900

2074

700

12%

20%

2074

86%

*86

88

*86

88

*86

88

90

*8G

89

*86

89

*86

89

1,100

50

24

(2244)

THE

COMMERCIAL

Range for Previous
Range since Jan. 1
Highest

Highest

9 pershare

50%

NEW YORK

Lowest

$ per tharg

35% May

$ per thare
Nov

17

48% Jun

Dec

104% May

85

Oct

29

5% May

10% Nov

14

112

Nov

7% Mar 16

Nov

16%

93

Feb

11

124% July 12

19

3%%

18% May 15

1/64 Nov

preferred

Dec

121

Feb

*33%

100

:

Virginia

Elec

26

i». Nov

16

6

117% Jun

14

109

23

Jun

2

34%

Dec

45

Feb

30% Nov 24

38% May 11

31%

Dec

40

Jan

29% Nov

31

Oct

38

Feb

25% Nov 13

30

Dec

33%

Nov

27% Nov

34% May 3
39 % Apr 26
32 % Jan
5

30

Aug

33%

Oct

29

5

3

Apr 15

32% Jan

Vulcan

7%

103

100'A

14%

*16%

17'%

_>-25

31%

14%

3*2
112%

25

Ry Co common
6% preferred
Visking Corp (The)

8%

25

14%

22

8

14%

112%

31%

31%

30%

29%

.30

27%

98

14%

14%
i2

112%

17

34

1,700

87

20

4,600

97%

CLOSED

3%
97%

400

14'/a

14%

7,700

1/64

1/64

301,800

*111%

112'/a

22

112%

Thanksgiving

160

*16%

17

31%

32%

30'A

31

30%

30%

1,200

30%

30%

29%

29%

29%

30

1.000

27%

27%

*27%

28%

*27%

28%

*27%

29

*30%

31

•30%

31

*30%

31

27%

Shares

8%

EXCHANGE

14%

it

17

STOCK

98

112%

22

112%

17

31%

100%

20

common

33%
*85

8%

the Week

t per share

87

for

Sales

Nov. 26

$ per share

34

♦85

9

20

Detinning Co

preferred

33%

87

it

•111 %
17

*30

5

*85

Friday

Nov. 25

1 per share

34

9

*100%

A

pfd

Virginian

13

104

*111%

100

33%

90

9

Thursday

*

14%
" *"

preferred
Va Iron Coal & Coke 4%

Nov. U

*86

9%

99%

10

com

$5

19

Co

Pwr

*

Wednesday

Nov. 23

$ per share

34

33%

85

9

Rights

Jan

&

Monday, November 29, 1948

Tuesday

$ per share

33%

85

Va-Carolina Chemical com—No par
6% dlv partic preferred
100

16% Nov

107%

Nov. i'i

t per thare

Victor Chemical Works common—5

24

14% Nov

Oct

Monday

Nov. 20
Par

96% Apr 23
14% July 13

May

Saturday

I perthare

33

69

CHRONICLE

LOW AND HIGH

STOCK

EXCHANGE

Nov

85

FINANCIAL

STOCKS

Year 1947

Lowest

&

27

27%

26'/a

Day

*16%

26%

17

26%

50

26%

1,600

" 29

*28%

29%

100

31

*30%

31

60

29

*59

*30%

W
57

75%

Feb

17%
36%

Apr
Apr

13%
29%

Apr

100

Dec

109

xl7% May
7% May
10%

Jan

57% Aug 16
13% Nov 17

Feb

29% Nov

July

100% Apr

Jan

13%

Feb
Feb

Waldorf System

No par

*13%

13%

13%

Walgreen

13%

No par

13%

*30

31

*30

31

30

30

*30

101

101

101

*101

102

*101

21

Feb

18%

ST'ANov
22

Nov

101

14

10

2

5%%

May 22

Warner

32

Jan

34% May 14

Warren

5

16

27% Aug
3
20% May 28

Waukesha

26%

Feb

17

Feb

13% Nov 26

Jan

3% Nov 24

Marl6

26

90

Feb

34%

May
21% May

Jan

Nov

112% Nov

121%

Jan

Dec

112%

Dec

116% Aug

7
2

47

13

Jan

5% May
38% May

10%

Jun

113

Jun

107

Jun

20

Jan

5% Nov

17

34% Feb

14

Jan

9%

Dec

9% May
Dec

32%

Dec
Feb

25% Nov

90

pec

17
May
27% May
22% May
88

62

Sep

38 %

6

15% Nov 24

9

3%%

101% Jun

11

3.80%

Jan

28% Nov 12

62% Mar

76

Dec

80

Jan

31

May

53%

Oct

37

Mar 16

90

Dec

106% July

91% Feb

101% Mar

6% May
51% Sep
10% May
88% Dec

Feb

5

Nov

27% Feb

26

9

19

75

Nov

35

53

Oct

15

19

Jan

$4.50

10

Wisconsin

13

6% preferred
Woodward Iron

42

Nov

26

Nov

24

61

Nov

26

81% Feb.

Feb

64

Nov

24

Dec

80

Feb

58

Jan

5

Woolworth

Nov

8

May

70% Mar
18%

33% Aug

45

'

Jan

16%

8

Mar

Feb

22% Nov 26
10% Feb 27

38% Mar 13
15% Feb

24

23%

Oct

83

Oct

65% Feb 27

15

31%

Feb

14

5%

25

Jun

•Bid

10%

and

asked

Special sales,

21

Nov

9

July

19% Feb

11

Jan

3% Nov

prices;

wd When

no

sales

distributed,

on

x

Oct

Yale

Towne

Corp

14

July 12
6% May 19

Zenith

this

day. tin receivership.
Ex-divldend.

*81

29%

29%

29%

29%

28'/a

29%

81 '/a

81%

81%

81%

81%

82

22'A

22%.

14%

15'A

23%

23%

15%

15%

"

*108

*115%

'

Stocks,

Saturday—
Monday
Tueeday
Wednesday
Thursday
Friday

Railroad

340,380
885,360

$545,000
2,959,000
2,413,000

Bonds

*101

103

*18%

19%

*40%

*101

41 %

-*105

2,634,000

$11,818,000

115%

115%

109%

109

109

109

106%

106

103'/a

*102

103

Bonds

18%

17%
41%

^

Total

1,237,500
11,818,000

105%

*105

5%

5%

5%

5%

5%

37%

37%

37%

36%

300

106%

330

*102

5.

v

•

17%

40%

'

190

103%

xl7%
(>

'

105%

37%

108%

50

800

106

■

13%

12%

12%

*28

12%

12%

10%

"

53/,

*28

*26%

27%

26'A

*66

68

65%

66

*26

32

1,400

12

*28

26%

—

26%

900

68

*63

300

24%'

16%

15%

163/,

32%

32

17

31%

32

31%

32

29%

31%

24%

29%

24%

24%
88%

30'A

24

24%

8,100

24

243/8

23%

24%

25,300

89%

89%

*28%
*105

70

16%

88%
98'/a

30

*104

88

98'/a

28'/a

108

16%

*97%

28%

*28%

108

*104

16%

15%

15%

10,400

89%

*89'A

90%

99

*97'/a

99

*973/4

98%

100

30

*28%

30

100

30

*28%

108

*104

108

*104

108

47%

47

47%

46%

44

46

43%

86%

36%

*86%

87%

86'/a

86%

86%

*24%

25%

86%

*24%

25

*24%

25'A

lc

15%

15'/a

*24'/a

24%

15

—1

153/a

15

19%

15%

20

19%

20%

19%

20%

19

20%

*53%

54%

54

30%

30'A

*29

10%

10%

com—_1

7%

59

11%

11%

..10

15%
15%

15%
15%

100

*125%

10

*34

__10

15%

*125%

10%

2,100

73/,

10,900

55%

56%

11

11

79

*77%

15%

125%

33%

14%

14%

143A

64

*62%

66

681;

67

66

85%

85

85

*83

67%

67

67

67

9

9

9

9

24%

9

24%

24%

24%

143/8

14

64

23%

*82

12%

12%

12%

39%

39

39

*19%

20%

No pai

19%

73 %

20%
71%

20%

72%

73

71

No pai

16%

16%

16%

16%

16%

28%

28

28 %

27%

liquidating

dividend

28%
4

paid

4

May

10.

a

4

delivery.

2,867,000

8.400
4.100

14%

14%
62%

65%

66

63%,

?

*82

"

.fit

68%

f

i-

673A

9 "•

120
450

-

83%

60

67%

*8%

600

9

1,200

23%

3,400

12%

1,600

23%

38%

38%

19%

20

20

19%

1934

600

71%

69%

71V,

69%

70 3A

16%

16'A

16%

16

16

12,500
1,100

27%

26%

273/,

26%

26%

•

"■

22%

12%

12'A

4

cName

3%

»'

*38

■

4

changed

39

3%

from

National

Bond

Share

&

'

4,200

4

Corp.

400

2,900

r

Cash

sale.

Exchange

Daily, Weekly and Yearly

Sales

3,384,500
2,684,000
3,535,000

300

42%

61

Transactions at the New York Curb

Bond

$590,000

50

35

42

'

4

Deferred

*33

23%
12'A

'

3%

-

£

■

9

243/8

12%
39%

1,200
6,100

14%

-*67%

9

13%
153/s

66

64

67*

Day

300

128

64

*62%

66%
84%

12%

12%
*39

xl3%
15%

33%

*62%

7,700

79

*125

42%

*65%

1

CLOSED

Thanksgiving

42'A

500

11'/a

*76

15%
128

34

-83

.No par

15

15%
*125

56%

10%

-

EXCHANGE

42 3A

39%

Corp.

79

14%

15

15%
125%

7

60
300

*55%
STOCK

.

34

14%

1

7%

7

42%

64

28

30

34

14%

Co

54

42%

64

5

54

34

66

4,900

10

7%

15

19%

30

42%

—106

—Nopal
Nopai

19%

10%

11%

15%

5.800

543/4

59'A

15%

'

15%

30

10

7%

128

60

15

*28'A

42%

series—.100

;

>

4,300

*53%

103/8

11%

*76%

44

"

54

*57'A

79

*15

~
•

29%

35

42%

No par

8

'

11%

79

128

10%

>

60%

11%

79

54

*29

10%

*57

79

10

54

7%

59

46

30'A

10%

'8

No par
No par
No par

com

$5,000

.6,900

.

31%

25%

Co

$40

1,200

37

11%

26%

67%

32

53/,

36%

12%,

31%

*66

V,

5%
37

27

26%

5

series

120

'

88

Co

conv

1,200

42

*105

47%

—

Stocks

(Number
Week Ended Nov. 26, 1948

Saturday
Monday
Tuesday
Wednesday
Thursday.

of
Shares)

Bonds (Par Value)

Foreign
Domestic

Foreign

Government

Corporate

Total

77,500

$48,000

$1,000

$2,000

$51,000

220.615

216,000

8,000

9,000

233,000

11,poo

3,000

198,000

8,000

5,000

268,000

238,130

184,000

307,990

255,000
—

Holiday

-—

247,590
$5,000

1947

3,812,320

149,000

253,000

7.000

409,000

1,091,825

$852,000

$281,000

$26,000

$1,159,000

$13,060,500

Jan. 1 to Nov. 26
1948

271,704,575
$1,222,000

$5,000

Foreign

105 %

115

106%

41%

105'/a

110

*107 '/a

18'A

42

260

*113%
-

■

103%

,

18%

4,000
-

*108

)

■

41%

Total

Bank

Railroad k Industrial

7,000

*24'/a
15%

$3,111,000

$64,00 0
1.693,000

74,827,160

70,682.520

16,083,000

849,1G5,800

837,418,400

$17,840,01)0

$929,108,960

$932,211,920

3.894,000

Week Ended Nov. 26

1947

225,631,832

U. 8. Government

International

14%

*86%

Bonds

$1,237,500

1948

5,300

No par
20

Holiday

4,567,243

*102

38%

16%

.

115%

5%

13

.

106%

115

*37%

"

22%

14%
,

109

106'A

3,000

28%

813A

22

-

18%

105%

99%

Government

Week Ended Nov. 26
-

of shares

109

106%

Total

Stocks—No.

108

40%

-20

233,000

4,567,243

116

109

18%

105%

*98

United States

Bonds

266,000
278,000

1,036,880

Total

3,257,000

*108

40%

.

4%

4

28%
81%

,

"

5%

'

4%

■

109

106%

Nopal

$45,000
415,500

1,011,763
1,292,860

...

15%

*109

int'l

Foreign

22%

15%'

' 115%

Bank

,.

Number of and
Miscel.
Shares
Bonds

22%

15%

*108

Transactions at the New York Stock
Exchange
Daily, Weekly and Yearly
Week Ended Nov. 26, 1946

23%

15%

109

22%

3%

1,900

No par

com

Corp

ilEx

29%
82

29%
.*

90

:

Mfg

Products

4%

4»A

109

—

Radio

Zonite

15%

116

100

Youngstown Sheet & Tube
Youngstown Steel Door

35

15%

4%

106%

preferred
50
Young (L A) Spring & Wire.No Par

28

15'A

4%

*88

common

4%%

23

89% Oct

&

York

X19% May 27

12

100

133/4

15

*

4'/«

100

i.

4%%

900

15

15%

4%

67%

SS)

Motors

W)

5,100
■

14%

15

.12.50

(The

•.

34% Jan
2
16% May 24
May 25

800

21%
23

800

*65%

common

pfd

24

21%
223/4

17%

100

Wright Aeronautical
Wrigley (Wm) Jr (Del)
Wyandotte Worsted Co

481

14% May
53% May

14% May

Prior

*23

-

1

Prior pfd 4%%

69
July 15
ll7/s Jun 21

9

50 % Mar

May

Machinery

4

May i7
96% July 28

60% Mar 19

Feb

10% May
37% Dec

25% May 15

24%

17%

31%

A

Pwr Co

(F

23%

17%

Worthington Pump &

94

53

El

25

.

*17%

27%

Co

Jun

24

*30

pfd series A

Jan

21%

23%

*27%

Co Inc common

Wilson-Jones

21%

24 %

—...100

$4.25 preferred

8

21%

24

109

Co_..__.—

conv

21%

24%

21,000,000

*1948
Stocks—No. of shares.

,

1947

Jan. 1 to Nov. 26

1948

1947

1.091,825

998,583

67,930,676

65.451,827

$852,000

$958,000

$45,551,000

$74,037,000

281,000

43,000

8.097,000

7,113,000

26,000

44,000

1,652,000

528,000

$1,159,000

$1,045,000

$55,300,000

$81,678,000

Bonds

Domestic

Foreign governmentForeign corporate.

.




$13,060,500

80

.

13,200

17%

100

pref.

Willys-Overland
Wilson &

37% Oct 22
49% Jun 14

Apr

62

Oil

21 %

3,600
,

,

18

—100

preference

18

14

•

Prior

Wilcox

25%

21

*24

No par

preference

xl38

5

100

94%

conv

10

Dec

Dec

10 %

10%

.

17 'A

10

com

Machine

17

Feb

83

75

Sewing

24%

21%

24%

106%

Go

Feb

28

Feb

15'/,

93%

'

.

18

1

A

Mfg

125% Nov

Dec

15%

*92%

10%

17%

—5 '

pfd

RR

prior

Motor

1

26

9

xl3% Nov

145% May

10

18

100

Instrument

Dental

$4

12

26

Elec

conv

White

May 27
65% May 15
17% May 17
88% Jan 21

Mar

B

pfd series B——.

White

19% Jun 21

29

51

10% Nov

$5

July 30

31% Nov

6% Mar 17

Oct

Dec

126

Feb 11

Oct

15%

May

27

series

series

White

24% May 26
22"% July 8

2

17

Dec

23

Aug

64%

Oct

20

9% Feb

NOV

15%

93'A

100

pfd

Wheeling & Lake Erie Ry
Wheeling Steel Corp com

7

x53

Jan

15%
*92'A

10%

4,300

17%

No par

Inc

pfd series

Weston

22

Jan

Feb

20

57% Oct
92

27% Jan

,

Jun

9

July 21

Mar 18

15

Feb

16

115

Feb

Dec

99

40% Jun

5

83

Feb

13%

11

14

23

Feb

12%

15%

93%

10%

4.300

9

18

Union Teleg class A.No par
Westinghouse Air Brake
No par
Westinghouse Electric com
12%

23

34

15'A
92%

10%

60

23%

9

17%

100

2nd

Pacific

Preferred

May 19

95% Apr

Feb

15%
94

10%

100

4%%

Lines

non-cum

33% Jun

17%

15%

102

233/,

18 %

Western

4%

39% Jun

90

9%

*17%

„1

Supply Co
Maryland Ry com

Western

11

55

31%

Western

10

May

23%

9

*18

No par

Auto

85% Feb

Dec

July
29 % May
5% May

23

9%

17%

—

Western

29% Nov 24

Nov

84

*101

'23%

9%

18%

Pulp & Paper com__No par
preferred
100
Air

23% Nov

29%

102

23%

9%

*17%

No par

Power

Western

Oct

34

900
800

*18

—:—.—5

Virginia Coal & Coke
%

4 Va

Dec

26% May
19% May

13%
30%

23%

*24

100

13 3/,

23%

94

"■

25%

*24

Snowdrift com—2.50

preferred

West Va

Aug

30

43

West

11

31

94%

135

4.20%

105

Dec

9 %

6%

18

Inc

preferred
preferred-

West Penn

'

1

—

26

10

Oct

A

38% July 12
36% May 21
72% Jan 15

7% Mar 17

Mar

26%

15%

61

13%
30%

5

preferred

10% May 18
46% May 20
16% July 9

22% Mar 12

42%

V/o

9

110% Jun

Oil &

Class

22% Oct 20
51% Jun 15

14

100% Fob 25

Tobacco

$4 conv

20

3

25

16% Apr
38% Feb

Webster

22

111% Oct

103% Mar 29

75%

65

13%

9%

10%

21%

par

Wayne Knitting Mills
Wayne Pump Co_

4

119% Jun

105% Nov

May

26%

*58

60

5

Wesson

114

xll3%Apr 15

Oct

113

Dec

60

23%

94

25%

3

.

Co

Motor

West Indies Sugar Corp.—
West Penn Elec Co_

100% Oct

32% May

Corp

Washington Gas Light Co—No

26% May 21
19% July
1

3

104% Mar 16

Jan

103%
106%

Sep

No par

6% May 24
34% Aug
5
86% Jan
2

10

19% Mar

117% Mar

22

30 % Jan

Sep 27

X80

13% Feb
Dec

4

Petroleum

10

41

105

Foundry & Pipe

17% Feb

Sep

i3%

15'A
10%

60

13%

9%

*93

5

*58

24

*9%

100

Warren

2

20% Jan

12%

*23%

1

Pictures

60

101 *

No par

preferred—

Jan

Dec

Dec

Co

Bros

Feb

20

105

Jun

Walworth

27

30

%

*58%

4llo

Aug 26

23%

Dec

100

Ward Baking Co common—

3

xl9% Nov

19%

17% May

preferred

common

r

36% NOV

May

Co

13% May 24
16% July 13

x83% Mar 12

Dec

4%%

27% May 21

11

*

12

5

8

4

RR

preferred
100
Walker (Hiram) G & W—-No par

10% Mar 12

106% Mar

Wabash

105

xl8% Mar 17

8% Feb

2

15% Jan

29

19%

Jan

35% Jun

26

24%

Dec

88% Dec

66

TotaL

*

Number 4755

168

Volume

THE

COMMERCIAL & FINANCIAL

Bond Record
4nf.

The

italic

WEEKLY

-

%ni d#f*ult®d /b0"d*; Cash and deferred

tL

letters

in the

column

headed

indioate

in

each

the

ease

Month

Flfwree after decimal point

Range for Previous

104.25

Range since Jan. 1
Lowest

Highest

NEW YORK

Highest

106.6

106.4

Dec

108.21

Feb

105.1

Sep

20

105.28 Mar lo

111.23

Sep

112.6

Feb

107.4

Sep

17

108.28 May

106.13 July
101.11 Deo

114.1

106.13

Deo

114.8

Feb

Treasury
Treasury
Treasury
Treasury
Treasury

17

July

108.10

May

104.12

Feb

Feb

102.22 Feb

2

102.23 Sep

30

102.22 Feb

-

30

104.24 July
104.14 Sep

Sep

20

101.11 Jan

7

104.23

Feb

101.19 Jun

14

101.19 Jun

14

101.27

Dee

104.18

Apr

100.24 Mar 13

100.25 Jan

7

101.20

Deo

104.4

Jan

100.23 Jan

100.26 Apr

2

104.24 July

101.7

28

161.24

Dec

104.10 May

100.23 Sep

17

100.24 Sep

10

101.24

Dec

104.18

Apr

100.16 Sep

10

101.12 Jun

1

101

Doe

103.20

Apr

100.7

Oct

13

100.27 May 21
102.26 May 24

101.17

Jun

105.17

Jun

100.7

Dec

103.19

Apr

101.1

Deo

102.1

100.18 Sep

101.14 Sep

103.24 May
102.24 May

Sep

100

102.26 May 25
Oct
4

100.7

Dec

10

Apr

102.12

101.12

Deo

102.6

102.4

Mar

100.4

May

100

Mar

100.2

Feb

103.80

102.23

Deo

26

3

11

100.21 Oct

102.2#

100.31 SeplO

26

101.13

Mar~22

Apr
101.14

Apr

Aprlfj

101.26

Apr

103.1

Apr

103.2

Jan

100.31 Sep

27

101.18

101.21 July

103.4

July

100.30 Sep

27

101.19 July 13

100.80

Oct

101.0

Apr

~4

Oct

100.7

Jufy~l3

100.16 Apr

00

Dee

102

Dee

108.4

July
July

asked

price.

*Bld

and

94.10 Jan

15

94.14 Jan

15

Nov. 23

'102.9

High

Low

102.12

Hlrh

*102.9

102.11

'102.8

102.11

'104.28

104.31

'104.23

10C 31

'104.27

104.30

*104.27

104.30

107.30

'107.22

107.2 3

'107.22

107.26

*107.22

107.26

STOCK

102.12

'102.8

'103.28

103.31

'103.27

103.30

*103.27

'107.30

108.2

*107.30

108.2

*107.30

*108.14

108.18

*108.8

108.12

*108.8

108.12

*108.8

*-1960-1965

*109

108.30

*108.28

.—Jun 1964-1969

2%s

-Dec 1964- 1969

109

*101.17

101.20

*101.17

101.20

*101.17

101.20

*101.17

102.21

*102.17

102.20

*102,17

102.20

*102.17

102.20

*102.17* 102.20

—1952-1954

2%s
2%s

*102.23

102.25

*102.21

102.23

*102.22

102.24

*102.22

102.24

*102.24

1956-1958

,

*103.13

103.15

*103.7"

*108.26

103.9

*103.6

103.8

*101.11

101,13

*101.12

101.14

*101.3

101.5''

*101.4:»; 101.6

*100.29

100.31

'100.25

100.27

*100.25

100.27

*100.25

100.27

*100.28

100.30

*100.25

100J27

*100,24

100.26

*100.24

100.26

*100.24

100.26

1965- 1970

2%s
2Vis

.—

2 Vis

*100.26

100.28

*100.24

100.26

*100.24

100.26

*100.24

100.26

*100.24

100.26

1966- 1971

*100.21

100.23

*100.18

100.20

*100.17

100.19

*100.17

100.19

*100.18

100.20

*100.8

*100.8

-Jun 1967- 1972

*100.10

100.12

100.10

2Vis

*100.8

100.10

*100.8

100.10

-Sep 1967-

1972

*100.17

100.19

*100.10

100.12

*100.10

100.12

*101.11

101.13

*100.16

-Dec 1967- 1972

*100.10

100.12

*100.8

100.10

*100.8

2 Vis

100.10

*100.8

100.10

*100.8

.——1951- 1953

*103.2

103.5

*103.2

103.5

*103.1

103.4

*103.1

103.4

*103.1'

103.4

1952- 1955

*101.27

101.29

*101.24

101.26

*101.24

101.26

*101.24

101.26

*101.26

101.28

1954- 1956

*104.10

104.14

*104.8

104.12

*104.6

104.10

*104.6

104.10

*104.6

104.10

*102.2

102.4

*101.27

101.29

*101.26

101.28

*101.26

101.28

*101.30

102

—Jun 1959- 1962

*100

100.2

*100

100.2

*100

100.2

*100

100.2

*100

-Dec 1959- 1962

*100

100.2

*100

100.2

*100

100.2

*100

100.2

*ibo

-Dec 1948- 1950

*100.1

100.3

*100

100.2

*100

100.2

*100

100.2

*100

2 Vis.,

—1956- 1959

,

„

*100.14

100.16

*100.14

100.16

*100.14

100.16

*10.0.14

100.16

*100.14

*100.19

100.21

*100.19

100.21

*100.19

100.21

100.21

*100.19

100.21

__Dec 1949- ■1951

*100.19

*100.23

100.25

*100.23

100.25

*100.24

100.26

100.26

*100.23

100.25

_Mar 1950- ■1952

*100.24

*100.28

100.30

*100.27

100.29

100.29

*100.28

100.30

*100.28

100.30

*100.27

*101

101.2

*100.31

101.1

*101"

101.2

*101

101.2

*101.1

*101.2

101.4

*101.2

101.4

*101.2

101.4

*101.2

101.4

*101.2

101.4

—1951-1955

*101.2

101.4

*101

101.2

*101

101,2

*101

101.2

*101.1

101.3

*101.2

101.4

*101

*101

10i.2

*101

101.2

*101.1

101.3

*101.3

101.5

*101

101.2

*101

101.2

*101.1

101.3

*101.2

101.4

*103.4

103.8

*103.2

103.6

*103

103.4

*103

103.4

*103

103.4

1950

*100.8

100.10

*100.7

100.9

*100.8

100.10

*100.8

100.10

*100.8

100.10

*97.8

97.16

*97.8

97.16

97.16

97.16

*97.10

97.14

*97.9

97.16

*97.18

97.24

*97.16

97.24

*97.12

97.22

*97.16

97.19

*97.14

97.22

or

103 %

York Stock

Bank

Range
Friday's

•„

101.2

for

1972

at

15

100.

a

Odd lot

transaction,

r

Registered bond

Sold

High

No.

103 Vi 104 Vi

FOR WEEK ENDED NOVEMBER gfi

Range Since
January 1
Low

BONDS

100Vi

Last

Period

Sale Price

J-D

—

17

J-D

J-D

SAAntioquia

(Dept)

coll

7s

A

_1945

s

f

7s series B

1945

g

f

7s series C

1945

S AExternal
AExternal
A External

f 7s series D

s

s

f 7s

sec

Teletype

J-D

J-D

NY

1-1693

f 7s

2d

series—1957

f 7s 3rd series

s

Antwerp (City)

Australia

(Commonw'lth) 5s of '25_1955
10-year 3Vis
1956

■;

J-D

3 Vis

20-year 3'/2s

Belgium

external

External

s
s

(U

f
f

31%

40%

32%

31%

40

40%

31

40

32%

31%

100%

31%

32%

4

31%

1

31%

J-D-

13

73
97

87%
87'/a

93%

91%

6

85%

85%

861/8

85%

86

9

85%

92

F-A

85

85

86

83%

QO

_1949

12

M-S

101 h 101 A

4

J-3

105

6

7s

S 'of)

1955

J-D

external 8S——1941

J-D

*—

Stamped pursuant to Plan A

111

110

61%

>-

(Int reduced to 3.5^)T—„i-1978
AExternal s f 6Vis of 1926—ivl 1957

A -JO

9

105
111

85

99%
105

30

107%

3

50%

61%

'471/4

461%

A-0

46%

46

A-0

46%

\

,

'(Int reduced to 3.375%)——1979

,A7s
'

V

(Central

Ry)—_————1952

J-D

.

49%
62%

51%

60

12

47%

60%

60

20

60

60

5

54%

60%

."60

'59

59

.>£•■59 '"■
59

J-D

30-'f--i-^--Arli'-„%

(Dominion

J-D

4s——I960

of)

F-A

A-0

103%

—1961

J-J

105

1954

J-J

*41

assented

f,7s—1942

M-N

M-N

*27%

s
—

103% 103%

94

102

99

102%

23

105%

105%

37%

50

19

28

.4

18%
19%

28%

33

18Va

28

19'A

28%

—

30

A-O

28%

28 %

28%

27%

26%

27%

F-A

28%

Feb 1961

105

103 %

—

A-O

Feb 1961

103%

14

,

''

1960

.

28%

28%

1

F-A

26%

27%

16

18%

J-J

28

28

1

20%

28

_Jan 1961

f

J-J

35

18%

27%

20%

28

assented

sinking fund 6s—_Sep 1961
assented

-

26%

27%

M-S

M-S

1962

A-0
A-O

26%

A6%s assented

18%

1957

52

J-D

mi

27%
28

19%

29

26%,

*28%

27%

21%

'L '

61

1

50 %

27%
28

18

30

Vi

*28%

—

27%

AGuaranteed sink fund 6s

assented

27%

10

1961

J-D

—1961

J-D

27

27

"i

18%

27%

1961

—,———

A-O

28

28

4

19%

28

A-O

27

27%

4

18

27%

19

28%

—,————1961

AGuaranteed sink fund 6s
assented

_

26%

27%

a.
■

_1962

—1962

M-N

28%

M-N

27%
*27%

7s„4—^—1960

M-S

1——1960

I M-S

assented

20%

*28'/a

28%.

H

'•

_;■£

r

'

.

1

37%

49%

54

26%

26%

27%

18

27%

17%

.

27

5lA

16

49

37%

49%

5s

1951

J-D

5%

62

38

(Hukuang Ry)

.

(Int reduced to

For Financial Institutions

'

—

*63

...

...

3.5%),—
1978
funding bonds of 1931 due__1951
Stamped pursuant to Plan A

J-D

11979

A-0

47%

47%

47%

*42%

49%

9

5%

(Int reduced

to 3.375%)

External $ bonds of 1944
3%s Series No. 1—

(Plan B)

—

J-D

3%s Series No. 2

59

3%s Series No. 3

58

I

.

J-D

3%s Series No. 7

J-D

61

48

60%

*58

61
w—

*57

61

*57

w —

J-D

3%s Series No. 10

J-D

:
—

'

3%s Series No. 12—1

3%s Series No, 13—.
For footnotes see page 29.




61

51

7

61

52

63

56

64%

1
r.o. inc.

FOREIGN SECUHIIIES SPECIALISTS

62%

52

rjuii mams

'

3%s Series No. 9—
3%s Series No. 11

46%

13

59%

*57

•

J-D

3%s Series No, 8_

50

59%

FIRM TRADING MARKETS

61

60

SECURITIES

61%

48 y4

58

'

_*.

49

3

58

■

3

59 %

58%

59%
J-D

—

3%s Series No. 5

59

59

_

3%s Series No. 4—
3%s Series No, 6

59

J-D

FOREIGN

J-D

.

.

—.

*57

—

53

65

•

.

54

65

59

1

49%

60

59

59

J-D

'

59

59

J-D

a.

—

59

7

48

59

58%

58%

1

56%

59

50 Broad

St., New York 4, N. Y.

Telephone HAnover 2-0050

27

18

3
■

■■

*2%

»

i

'

27'A

62%

45'%

28 *

18%
20

27

26%

27%

J-D

6%s

A6%s assented

Munic

M-N
M-N

6%s_—___1957

Bank

27%

26%

27%

27%

22%

*28 %

i_1962

—•.

Mortgage

27%

*28%

Sep 1961

sinking fund 6s

assented

AChinese

27%

6s———_Jan 1961

—

s

ASinking fund

A7s

•,

102

105

101%

4
1

97%

97%
102

.-I960

sinking fund 6s—

Cons

94%

3

*28%

1942

48

'si

J;.r

97%

97%

97%

1958

assented

A6s

•.

r'

&. :,59
59 ; ;^9-!59
:

1950

sinking fund 6s—

A 6s

>.y

M-S

AExternal sinking fund 6s_—
1963
A6s assented
—w——1963

AChile

-,

tit

1957

assented

A 6s

«.

•a

J-D

J-D:*'.

A 6s

-

„■*

Stamped pursuant to Plan A
.

61

*$7

49%

45'/.

„

60

2

60

J-D'.

AChilean

61

A-0
M-

62

37%

8

Stamped pursuant to Plan A
'

114%

37%

21

*60

J-D

104%
109

50

47%

Stamped pursuant to Plan A
(Int reduced to 3.375%)—1979
AExternal s f 6Vis of 1927——1957

90%

>

*

^

51%

59

57

60

60

AExternal

94

J-D

6s_:

60

50

AExtl

103

_1966

——

'

48

A 6s

99%'

19
28

91%

_1955

6 Vis

52

58

A 6s

40%

91%

1

60

ARy external

40%"

32%
94

91

59

*57

AExtl

38%'

100 % 100%

91

60

*57

A6s

40%

33%

—1962

——-—

3%s

External

§ABrazil

1967

————

20-year 3%s
15-year

J-J

1957

„—

32%

32%

F-A

10-year

92%

32%

J-D\.

60%

-

V

AExternal

65

93

A-0

1958

47%
44

J-D

§ A7s

64

65%

32%

A-O

1957

external 5s

60%
60

*32

59

3
2

59

57

J-D

(City) s f 5s—
Sinking fund gold 5s_—
Sinking fund gold 6s—

32%

A-0

53%

60

59%

J-D

Brisbane

32V4

J-J

1957

1st series

s

AExternal sec
A

1945

1

59

60%

59

3%s Series No. 29_Jii_^;——

76

*32

60

59

3%S Series NOV

76

J-J

51%

3%s Series NO. 27—_3

».■

*61

J-J

§ AExternal

60

2

3%s Series No. 25

*61

J-J

§ AExternal

52

3%s Series No. 26—

Agricultural Mtge Bank (Colombia)—

76

High

51'/a

1

57

57

J-D

25-year 3 %s
1
(City) 8s
i A Chile (Rep) External

A-O

59

J-D

3%s Series No. 24——c

Low

6

,

59%
59%

59%

J-D

January 1

60

59%

J-D

T".

3%s Series No. 16

ACarlsbad

MS

:

157

57

,

Range Since

Sold

No,

High

J-D

—_

Bonds

Friday's

Low

107

Foreign Govt, & Municipal

1948

or

Bid & Asked

High

3%s Series No. 23

Exchange

F -A

Week's Range

Friday

Interest

New York Stock Exchange

3%s Series No. 15

86

5,000

transaction.

-

Bonds

Bid & Asked

Broadway, New York

4s_—1968

101.3

1953-1955

Canada

6s——.

100.16

1951-1953

—Sep 1950-1952

3%s Series N6. 28

Akershus (King-of Norway)

100.2

—Jun 1949- ■1951

Wertheim & Co.

—1947

100.2
100.2
"

—Sep 1949- 1951

t.

6s—

100.10

101.18

,100.10

2 Vis

Foreign Securities

fund

"

2 Vis

3%s Series No. 21

fund

-J

2 Vis

3%s Series No. 22

sink

100.28

101.15

101.7

3%s Series No. 20

sink

101.7

*100.26

*101.13
*101.5

3%s Series No.

AGtd

103.12
101.16

*101.5

103.8

101.18
101.10

1963-1968

3%s Series No. 18—

§AGtd

*103.10
*101.14

*103.6

*101.16

.—.1962-1967

3%s Series No. 19

120

101.20
102.26

*101.8

2%s
2 Vis

3%s Series No. 14—:

2-2300

Day

Jun 1952-1954

New York City
Transit Unification Issue—

REctor

109

*108.28

101.21'

*102.18

Week's

Sale Price

New

*108.28

109.4

*101.18

iCalled for redemption Dec.

Period

Members

108.12

Dec 1952-1954

Low

Telephone

108.2

*108.8

Thanksgiving

1949-1953
a

25-year 3s

Last

J-D

103.30

1950-1952

2Vis

RANGE

1980

*103.27
*107.30

109

2y2S

107.28

EXCHANGE

108.12

102.10
104.30

*107.24

108.2

—1958-1963

*102.7
*104.27

103.30

108.8

2%s

2%s

Bends(•)

High

CLOSED

'103.28

103.31

the Week

Nov. 26

Lew

High

'107.26

'108.4

2%s

'

Nov. 25

Low

High

Sales fee

Friday

Thursday

Nov. 24

Low

1951-1954

Friday

Corporate Stock

Wednesday

High

Low

1956-1959

Interest

New York Stock
Exchange

Tuesday

Nov. 22

Reconstruction & Development
10-year 2 Vis
—1957

14

sales transacted this day

No

Monday

2%s

"58.30 May 17
99.30 May 17

BONDS

37e

LOW AND HIGH SALI PRICES

1949-1952
:

for the year.

point.

2%s

International

•I.

a

1951-1955

27/as

Treasury
2s
Treasury 2s
Treasury 2s
Treasury 2s
Treasury 2s
Treasury 2s
Treasury IVis

May" 18

101.32 Dee

82d ef

-1955-1960

3s

Treasury 2 Vis
Treasury
2 Vis
^Treasury 2s
Treasury
2s
Treasury 2s
Treasury
2s
Treasury 2s

Apr

May

July

101.20

10

102.13 July 13

100

100.21 Oct

102.12

100.23 Jun

more

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

2

102.23 Sep

or

the only transactions of
range

mature.

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

May

104.12

one

are disregarded in the week's range, naless they ere
No account is taken of such sales in computing the

bonds

Nov. 20
Low

3%s

occur.

the

Satorday

STOCK

KXCHANGE

Sep

when
t

GOYRRNMKNT BONDS

Year 1947

lowest

YEARLY

-

delivery sales

a footnote in the week in which they

Interest Period"

(2245)

New York Stock Exchange

«»
FRIDAY

th-

CHRONICLE

r

'

Teletype NY 1-jNl

7%

25

"

26

(2246)

the

commercial

new

york

RANGE

Friday
BONDS

Last

Period

Sale Price

or

Friday's

Bid & Asked
Low

Colombia
A6s

of

1928

Oct 1961

:

f

$

A-0

Jan 1961

—

external

A-O

s

Rica

(Rep of) 7s
(Republic of) 5S of
loan

4,/2S

Sold

Range Since

Low

No.

*41%

J-D

69 ¥2

M-N

6512

15
9

13
—

F-A

-„-__1977

J-D

9

44

58

82

53%

79

12 %

extl

A

f

s

extl

Estonia

French
Greek

A4'%s

part

A6s

.

part

Free

Italian
Italian

„

104

——,„r._.r_1964

M-N

f

s

extl

l-3s,

AAss'td

AMilan

7

6%

5%

5%

5%

5%

8%

1977

J-3

1947

-

MS

15%

15%

J-3

,1952

15%

7s_.„1957

16%

60

12

18'%

27

27

16

20 %

34

"l

31

A-O

*6%

7%

J-D

1954
1943

32 %

32%

19%
%

6¥2S~.___..

s

3-J

*5

;

1%

3-J

12

to
f

s

sink

ref

12

*4%

J-3

*0

2,125'/t

"5%."

4%

1%

67

5%

.

4>%s_„,._,

31

,1970

J-D

.

26%

85%

75

97%

82

68%

94'%

80%

80%

67%
66%

9«

79%

79%

73

69

M-N

*84% 102

80%
75%

101%

*31

35

M-S

Con

J-D

32

."

15%

16 ¥»

54

14'%

17%

5%

1%

*7

*6%

A-O

A-O

27

14%

7

__1947

21%

17

14%

17%

4VaS assented

*15

16

*6%

3-D

7%

*6%

5 3%

7

7

I

:j- j

33

*25

30

*23 %

27

23

A-0

*35

A-0

*26%

F-A

'

-

~

.

32%

33%

7

19

Stamped pursuant to Plan A

2%),

2012

to Plan

A

37

22%

22 %

23 %

40

40

40

1968

Stamped pursuant to. Plan A
(Int reduced to 2%)

2012

external

loan of

reduced

to Plan A

to

2.25%)

2.25%)

1952

Paulo

to Plan

to

2%)

reduced

—2012

reduced to

water

(Int

'•

s

f

A-O
,

.

7s

24 %

M-N

24%

*36

M-N

*

M-N
M-N

28 %

*23%

3-J

,,1956

.

j

A7s

series

| ASilesia
3.. AdVas

B

sec

(Prov of)
assented

extl

27

fgydney County Council 3 ¥26




5'/a

5 6 3%

34

32

22'%

27

27

24%

18

31

41

33 y8

35

25

28'/a

29

31

22

27

29

—

40

46

26 3%

38

34

3-J

26%

*32

84¥1

51

79%

1st mtge

57c

91 %

76 ¥4

77

27

70'%

81

86

76'%

86

-94

94

ser A

3-J

cont int),,1980

A-0

*30%

1940

A-0

ser

.,1985

D

3-J

94

1951

4s

3-J

1951

ref M

35%

10

40%

3-J

94 Va

79%

79 %

79%

M-N

6%

6'/a

—1962

M-N

6

6%
5%
*6%
*86

883a

94 vb

88'%
99%

98 %

1st

Maine

3-J

1970

I—

ser

.

98

98%
100'%
123

119

97%

93

,

M-N

48

99%

96

96'%

100
100

RR—
1967

M-S

*82

91'%

88

1955

series AC

mtge 5s

—

"

mtge 5s series II
1st mtge 4%s series JJ

M-N

101

101'%

101

A-O

*83%

.1961

1st mtge 4s
,

94 %

*100

*97%

2%s

mtge
&

.1960
series RR..,,—
Alnc mtge 4V2s ser A—:—July 1970

Bristol-Myers Co 3s Debs—;——U..1968
.1950
Bklyn Union El 1st gold 5s,—

82

16

55%

M-N

56

25

72'/2

86%

'/ 50

60%
27

19

F-A'

F-A ;

7s.

Co

*102

A-O

II :

102

103

102

*100

102

'

i Bklyn Union

Gas 4s debentures.,..1969

Gen mtge 2%'s.:.,.—
Rochester &

.1957
,1952

^

93 Ve

85%.
31

60

61

49

101

Bldgs

5s

M-N
A-O
1

J-J

1955

5's

Terminal

99

92

98¥B
87
93

101

25

98

M-N

95 ¥2

100

Pgh Ry—4'/2s—
4s___

modified
1st

*85%

3-J

Niagara El 1st mtge 2%s. ,1975

Terminal

P8¥8

M-S

.1976

Buffalo

-

102'%

89%

81%

82

3-J

.1954

ABteda'(Ernesto)

Elec

*92%
105

A-O

gtd__— ,1960

68%

59

100'% 102
88 ¥a

93'%

96
107

105

105

National

98%

103 ¥2

99'%

102%

J-D

M-N

*99%

A-O

104

J-3

113% 113%

5

A-O

107v4 107'%

20

F-A

107% 107%

1

112% 11234

1

110%

113 ¥2

111% Hl'4

2

110%

112%

106% 10634

1

106

94 3;.

59

107% 107%

10

107

58'%

71 ¥2

30

100'%

103 ¥4

gtd 5s A

cons

*99 ¥2 100

—1976

—1974

1st 3s

Power

Power 3%Sv

Southern

Canada

1962

.

__

100%

104%

110

111'%

114'%

107

109%

107%

109%

Ry—

gold 4'%s
gold 5s_.
gold 5s
—

1957
.Oct 1969
1—1970

-

gold

J-D

Guaranteed

gold

F-A

4%s
1955
4'%s
1956
Guaranteed gold 4%s_
1951
Can Pac Ry 4 7c deb stk perpetual

94

J-J

1965

4s

nr

M-S

■M-S

1981

& Ohio

Clinchfield

Carthage

J-D

93%

107 ¥2

97'%

82%

108'%

1st

Adirondack. Ry—

&

mtge gtd 4s

Corp 3s debs,—
Celotex Corp 3%s debs

—1965
1960

1

F-A

Central

(1947 issue);—,

6
12
7

102 Vz

*101 '/i

*70

r-J

99

.

101'%
101

lOO'/a

—

85

—

36

80'%

75
64

of

Georgia Ry—
1st mtge 4s ser A_„——,—1995

J- J

Gen

May

70

70

70

May

51 %

51¥2

54%

mtge 4%s ser A—,._Jan 12020
4 Vis ser B——Jan 1 2020

Central

Illinois Light

64

6.4%

1
29

.

71*%

66

78'%

48'%

60%

Central

Pacific

67

79%

85

90%

64'%

64'%

g5

.——.—

37

37'%

85'%

132

35%

85%

42

32 ¥2

Q-J

100% 100%

"3

97'%

101% 10142

20

1013*,

F-A

,1968

F-A

Champion Paper & Fibre deb 3s—1965
Chesapeake & Ohio Ry—

3-J'

*98% 100

M-S

119 ¥2 119'%

mtge

R
,

&

Power

1st ref

101%

73 %

69'%

32

,1974

(4'/4%
1st

103

103%

series A
to

Aug 1

3%s

Ref & Impt
Ref & impt

9%

3-J

F-A

8%
13%

.1987

gtd gold 4s .1949

General

7

76

75'%

A-O

York

8

5

73

72'%

3s—__ .1974

35%
90

73

73 ¥2

107%

107

__

3-J

Q-J

.1987

—.————

registered

41

*107

A-O

.1987

gold 5s.—_. 1987

registered
AGeneral 4s
New

25%

1966

3'/2s

N J gen

A5s

Central

3%

74'%

10T

*101'%

■

F-A

J-D

debs

34

4%

*67

102%

A-O

—.I960

3'/4S

26

83'%

A-0

*7%

'

98%

32

—

*87

1978

:

98 ¥4

1st & ref

2012

J-3

83'%

i 39

A

1957

.

94 v2

fACentral of

*29'/a

J-D

83?a

*80 ¥2

M-N

1980

§ ACent Branch U P 1st gold 4s—1948
29%

36'%
26%

3-J

J-D

137

119% 119%

A 4s

1958

52 %

38

M-S

.,,1958

72

50

76%

May

Guaranteed

27

22'%

1962
7s

78'%

4

Extension

Gen mtge

2004

;

„

67'%

4

71%
50%

3-D

.—due Dec 1 1995

income,—..^.Feb 12010

Guaranteed

40

*34%

,1968

extl,.

70

67c (2%% fixed
contingent interest)—

31

A

2.25%)

external

70 ¥2

57

29'%

(Kingdom)—

secured

70%

57%

4L

Guaranteed

30

*30

Stamped pursuant to Plan A

A8s

5 8 ¥2

98

63'/4

24%

21

J-3

(Int reduced to 3.5%)
8ert>s Croats & Slovenes

41

63

27

35

to Plan A

.

64%

60%

Celanese

2.5%)——,1999

Stamped pursuant to Plan
(Int reduced to 2%)

g ASecured

9

J-3

A6s extl dollar loan

.}

29%

*23%

3-J

to

61%
€1

•

*93 ¥4

Carolina

1999

2.5%

loan

reduced

41%

to Plan A

Stamped pursuant to Plan

i

27

j-D

1,1936

8s

to

Stamped pursuant
extl

34%

A

A8s external
(Int

5

*32

1950

(State)

Stamped pursuant

61%

27%

A

(Int reduced to 2.375%)— ,2001
A6%s extl secured s i
—1957
reduced

! '.

1952

ASao

Stamped pursuant

*21%

J-D

2004

98

-

33'%

18

*

2004

94

86

28

26'%

A

ARome

to Plan

*30

M-N

,

1967 stmp pursuant to Plan
(Int reduced to

(City of) 6 Vis
Paulo (City) 8s
Stamped pursuant

29 %>

J-D

1966

82

4

60%

Guaranteed

1926._

Stamped pursuant

29%

J-D

.

54

61

Calif Oregon

A-0

86
94 %

MS

Steel Corp—

California

1999

86

A-O

Canadian

reduced to 2.5%),
external sink fund
gold

85^4
94

A-O

M-N

Bush

*

(Int

56 ¥2

MS

Consolidated

23'%

-

A-0

..

100 'a

A-O

Bush

27

Rio

Stamped pursuant

■

Buffalo

27

*

33

—

F-A

Grande do Sul (State
of)—
'
§A8s extl loan of 1921,
—1946

97'%

;

3-D

4s—

Stamped

Stamped pursuant

to Plan A
(Int reduced to
2.375%),—2001
AExternal sec 6¥2s
1953

Va

9

33'%

23

J-3

9 ¥2
13

6'%

*33

A

(Int reduced to
2.375%),,
2001
7'%s 1966 stmp pursuant to
Plan A
(Int reduced to
2.25%)___
2006
gARio de Janeiro
(City of) 8s
1946

17

8%

7%

3-J

1961

(City of) 8s_
Stamped pursuant to Plan

40*2

14

99% 100

100

A-O

—..due Dec 11995

1st

.

J-3

1963

APorto Alegre

15%

3'/2s_„. 1951

1st

8

A-O

1950

25

11

due Mar 1 2000

&

Creek

Btmbn

37

A-0

gold 8s

18

38%

fixed

stamped

Cons

16%

A-O

—

to

106

19%

.,,1968

A4'%s assented
AExternal sink fund

July 1975
<4%

fxd & 1%'i

Bethlehem

„

,1958

15%

51%

36 ¥4

1

Telephone of Pa 5s scries C__ 1960

Bell

15%

„_1940
.

106'%

50%

; 51%

J-3

Beneficial Indus Loan 2%s debs.,^ 1961

*15%

15%

105'%

98'a

3-J

1966

series A

4s

ref

4s

*22%

-

103'%

3-J

Mfm mtge 2%s ser J__.,_L— 1976

'M-S

11

12

103

Bangor & Aroostook RR—

'

2d ser__,_1961

f 6s

30

A

7s
,1959
f 6s 1st ser—,1960

reduced

83

*102

MS

104

104%
102%

103

:

B

J_

1st lien

95

,1947

.....—1964

Toledo Cincinnati division

95

*76%

.MS

101

104

102

M-N

M-S

J-D

G—

conv

(3 % 7o

93

3-D

2.125%)—2008

1963

4s_.„.July 1952
A—

ser

S'western div

92

80

—1963
1967

115

102

123

93'%

78

80

.A-O

123'%

106%

lll'/4 112%

cons

K—

Series

Ref

78

;

115%

121 %

112%

gen mtge

A4%s

96

82

80%

62

38

121%

Pgh Lake Erie & West Va—

22%

82

.A-0

,1955

33

89'%

A-O

; f-a

26

29

85 %

,1963

19%

95%

85 %
•

82
100

M—due Mar 11996

and 3%%

*22%

MS

,1957

32

*90

M-N
'

5
•

103'%

77
95

M-N

4%s

ser A

5%

Series

30

24
-

100'%

1

94%

A-0

1st 4s.„ 1943
mortgage 4s—1943

Series

,

M-S

external
s

&

,

24

32

80

80

Air Line Ry—-

and 3 7c contingent interest)—

14

;*'■ 30%

*31%;

101% 102%

102 %

Santa Fe—•

contingent int)__JuJy 1975
gen mtge 57c ,<2% fixed

Ref, &

M-S

101

A-O

..,1995

1st

49

101%

Q-J.

4s——.—July 11995

unified

102%

A-O

_.._1966

99 %

116%

106

102

97'%

%

378

102

109

91%

94 %

109% 110'%

109%

A-O

gold 4s.—,—July 1995

Topeka &

mtge

Ref

;'.v

~7%

13

*31

M-S

,1965

3*%s series B

s

1st

90%
*94

3-D

arid 1%

Beech

to

debentures.—,

mortgage 3%s_„

1st
...

9%

,,1994

g A Poland (Rep of)
gold 6s,
A 4 Vas
assented
g A Stabilization loan s f 7s

A7s

conv

1st mtge 4s

7'%

13

18

*9%
*24

MS

1959

extl loan._,.„_.

(Rep of)

(Int

90'%

Baltimore & Ohio RR—

8'%

r.

12%

5%

A-O

2008

6'%s

fund

ANat loan extl
ANat loan extl

JASan

101%

19

Sr A Second

*11

3-J

to

reduced

(Int

198

92

90%

b

15%

7

Plan A

gAPernambuco (State of) 7s_
Stamped pursuant to Plan

(Int

103% 104

103%

A-O
J-D

18

10'%

*6

3-J

1958

to

AStaftiped assented 5s,_„.
Stamp mod 3'%s ext to

7s

3-D

—.—1987

¥4

7'%

13%

1

A 7s

1961

debentures.

g A Atlantic & Danville Ry
,

Panama. (Republic)—

A6s

93%

..Series

s f
external,,..,,,,,
Municipal Bank extl s f 5s„.
Oslo (City) sink fund
4'%s

(Int

98'%

85%

9%

5'%

HI

3-D

,,,1952

6'%s

f

reduced

sink fund

A

92'%

21

debentures..,,—,1982

(State)-—

3 Vis

•

72

88%

Geneial

37

9

Q-J
Q-J

2.125% ),, ,2008
Netherlands (Kingdom) 3%„__
,1957
Norway (Kingdom of) 4%s
-1956

APeru

93 %

87

Atlantic Coast

9%

5

*6

3-J

reduced

(Int

92%

87

Atlantic Refining 2%s debs,..

M-N

Nov, 5, 1942, agree-1963

external

sec

92 %

3-J

debentures.^

1st

27

27%

*25%

J-D

Stamped pursuant to Plan

Ext

97

A-O

1986

Stamped

31

103%

86'%

debentures.^,——,„.„.1975

General 4s—

V

22

"

1

Stamped pursuant

External

12
22

15%

J-3

1951

GMas,,,.

26

78%

.

debentures,.,

Atlanta & Charlotte

to 3%__.__.1977
;

15%

*25%

*'

67

1

90%

A P W Products Co 5s_—

23%

15

80

Ann Arbor

103

13%

68

19

Atchison

6s of 1913 assent„__1933

A Sec external

(Int

30

99

67

55

1957
Amer Tobacco Co deb 3s—1962
3s debentures,,—,.1969

78

96'%

17%

16%

3-J

to

50

*100%

J-3

5, 1942, agree-1963

(City of)

(Int

*51%

M-N

1977

93%

94%

841/4

^„_,„..„.^__1980

2%s

10'%

for

7s„_,:

Nov.

Mir.as Geraes

A Sec

7

A-O

5s,_——I960
f

s

7

F-A

,,1968

80

Telephone & Telegraph Co—

debentures—

2%s

Nov. 5,

to

gATreasury

4s

101

100 %

97

2

98%

•

91%

American

2%s

1942, agree_l963
ing 4s of 1904,_,__„
1954

AAss'td

»

*101%

107%

98

*80

M-S

1966

104%

103%

5

105

100% 100%

100%

A-0

28

100 %

__

105

90%

conv

M-S

9%

debs.—

3s

105

19%

—

*103%

J-3

83%

2%s

,_,_._1949

48

*23%

M-N

190?

84

2%s

AAss'td to Nov. 5,
1942, agree, 19G8
§ A Assenting 4s of 1910,,
,,,1945

*

A-O

——1952
3'As

3%s
1972
RR 4%s._1975

mtge

COMPANIES

INDUSTRIAL

90%

2%s

Ass'td to Nov 5, 1942,
agree_1968
(US) extl 5s of 1899 £,,1945
g A Assenting 5s of 1899,,
,1945

A Assent

7s

AND

MS

10'%

assented

to

7

,f

F-A

45

(Colombia)

AAss'td

5

Foreign Pow deb 5s_—_„2030

10

Irrigation—■

'

&

Airlines

38

gAMexico

,

82

*45

AJugoslavia (State Mtge Bk)

*

90

54%

3-J

(Kingdom of)

JA4»/2S

6

J-D

59

46

J-3

-Credit Institute 1 7c
-AExternal 7s

Mexican

*5%

A-0

95

12

64

of)

,.

AMedellin

F-A

Albany & Susquehanna
Alleghany & Western 1st gtd 4s__1998
Allis-Chalmers Mfg"2s debs,.—1956

68

74%

2%s

Credit Consortium

Altaly

U

1958

1st

Amer

Public Works 1% to 37c
4 A7s series B.%_—
Italian Public Utility— ,

-

7

Southern

55

State extl

(Republic)

14

Great

69%

Helsingfors (City) ext 6'%s_,___.„,_1960
Irish

*6 %

Power

44%

paid
paid,,,

F-A

Alabama

84%

*5%

99"
27'%

*24*8

70

35

58

7s„_.—,,1967

92

70

24'%

*70

A-O

111%

*55

7s,

80

3-J

1952

assented

*68%

extl

82'%

1984

readjustment
Provinces 7s__._—

RAILROAD

Government—

A7s

extl

J-3

(Republic

Republic

85%
83%

82^4

*

74

*77%

F-A

86'%

73'%
81%

M-N

J-3

-

121

73

44

79

1958

3%s

—

__..Jan 1, 1976
_„_,Jan 1, 1976

$

78

J-D

—._„._Jan 1, 1976

f

s

f

s

122

118

74

62%

*110

.,,.1979

4.41/4.41/28 extl readjustment ......1978

101 %

62%

F-A

A-O

High
126

121

"

..,,1978

American

—.1955

4V8S,~.T-*--~v---«1962

Low

117

conversion

A Venetian

18

84

5%s._-..

gold

(Republic of}

52

January 1'

124

—

%-4/gS extl conv

3%-4

102 li

105

*40

J-J

•

gold

External

extl

6s

Alabama

A-0

,

External

3 Vis

fund

sink

External

44

107'%

*106

High

33^.4.41/86
External

A Adriatic Electric Co

assented (int reduced
6(4) extended to
1960
5 A Denmark 20-year extl 6s,_,__.1942
to

4s

M-N

AExternal

43

99%

108% 108%

J-J

M-N

75

45

102%

099

108 %

.,.,1964

($ bond of 193 () —
readjustment.— .,,,1979

Range Since

Sold
No.

*110

36

41

71%

*102li

M-N

41%

65 %

13

...i960

UCiAl^l Itai

41

69%
65 %

Bonds

Friday's

*110

69'/a

,,

M-S

1953

29

or

Bid & Asked

F-A

73%

'Stamped

3s

Sale Price

Low

"

Salvador

Last

Period

New York Stdek- Exchange

High

69

-

M-N

C——1949

*

Sinking fund 5'%S-„.—,—
Czechoslovakia (State)—

El

Interest

BONDS

A

January 1

1

37

*41%,
*41 %

Week's Range

Friday
Bonds

69%

36%

M-N

1914_,,_1949-

series

4%s external debt

36 '%

F-A

1951

:

69 Vh

*69

A-O

External

"

High

69'/«

J-3

bonds—,—.,1970

Bank 6V2S—..,1947
I ASinking fund 7s of 1926„_„_.-1946
f ASinking fund 7s of 1927,
1947
Copenhagen (City) 5s_„—...—1952
26-year gold 4¥2S_._—_
_1953
Cuba

M

1946

5 A Colombia Mtge

ACosta

NOVEMBER

(Republic of)—

A6s of 1927
3s

Monday, November 29, 1948

record

bond

WEEK ENDED

FOR

chronicle

financial

Week's Range

Interest

New York Stock Exchange

&

ser

1949)
B_„—

gold 4¥2s

A Div

1992

M 3V'2s series D____1996
M 3'/2s series E
1996
cons gold 4s—1589

1st

<*old

•

4s

;

_,19R9

M-N
F-A

J-3
i-i

99

99

14

*103'%'104'%

94

96

¥2

101%
96

2

119'%

102
104'%

100Is
130'%

98

71

94

104%

95

98

31

95

106

114

114

1

114

117'%

109¥a

110 ¥2

94

110%

:

Volume

Number 4755

168

THE

COMMERCIAL

&

NEW YORK
range

Friday
BONDS
New York Stock

Week's

Interest

Last

Period

Sale Price

Exchange

1st

&

1st

&

1st

<fe

series

4 Vis

B

&

AGen

111

Eastern

1977

inc

110

Last

Period

Sale Price

Exchange

or

High

Friday's

Bonds

High

Range Since

Sold

January i

No.

Bid & Asked

Low

108

Low

High

110% 110%

F-A

*97%

98 Vi

*95

96

10

112

109 Vi

5

F-A

112

Firestone Tire

100%

tFlorida East Coast

93

91

--

99

A

J-J

1985

Af-N

1982

Af-N

1988

J-J

85

84%

85%

24

79

Jan 1 2038

J-J

75

75

76

14

55%

61

62

7

54%

50

51

37

39%

*

55%

102%

M-S

M-S
M-N

of

'

103

Af-N
J-D

deposit——
Francisco Sugar coll trust 6s
1956

67

J-J

1959

4Vis—

103 Vi

10

102

104

5

100

102%

102% 102%

56'/a

19

58

50%

66

55%

62

80

J-J

_1961

debs

3s

1st

1st & ref 5s series A_i
ACertificates

1997

mtge 4%S-_x

& Rub

1974

RR—

Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series A
A Gen

110

F-A

B__!

ser

J-J

_1985

inc conv 5s

nuge

mtge 334S

Low

New York Stock

Week's Range

Interest

BONDS

January 1

No.

High

:.__1970

ref mtge 3%S—
ref mtge 2%s
:

Chicago
1st

1958

ref

November

Range Sine*

Sold

21

BOND RECORD

week ended

Quincy RR—

General 4s
-

(2247)

Friday
Bonds

Bid & Asked

Low

Chicago Burlington &

CHRONICLE

Range

Friday's

or

for

FINANCIAL

42 V;

42%

45%

32

74 V

74%

3

2

118

120

Up

34

51%

71%

80

111

—

104 % 104'/a

102% 105

120%

90%

>

Chicago Ind & Louisville Ry—
A 1st

mtge 4s inc ser A
A2d mtge 4 Vis inc ser A

Jan 1983
Jan 2003

Chicago Indiana' & Southern 4s
Chic

Milw

1st

Paul

St

Pac

&

mtge 4s ser A

Gen

mtge

4 Vis

conv

,-.1994

A._Jan 1 2019

Apr

Jan 1 2044

ser

Apr

Chicago & North Western Ry—
2nd mtge conv inc 4 Vis
Jan 1 1999
1st

mtge 3s

B

ser

1st mtge 4s
AGen

100

ser

1951

106%

Chicago
1st
1st

1st

West'n

Cine

&

Gas & Elec

1st

45

89

106 % 106%
90%

8

101%

22

91

General

General

100

1

1st

mortgage 274s

86

99'A

98%

99%

4

97%

101

series

4Vis

1952

1962

J-J

102

91

74

2000

J-J

mtge

2%s

P

1982

mtge

2%s-ser

2010

J-J

2'As

1961

J-J

80

102%

Gulf

103 %

99%

102 Vs

104 V4

8

102 Vi

1043/4 105 Vi

6

102

993i

98 Vi

96%

J-J

F-A

108 Vi 108 %

106%

1974

F-A

97 Vi

96 Vi

1966

J-D

*91

95

City

Investing

Cleve

Cin

Co

4s

debs

&

St

Louis

Chic

General

gold

General

5s

Ref

<fc

Cin

Wab

St

_

J-D

"80

81

&

R_^_

deb

ctfs

B

Ohio

4s

ref 3%s

1993

____

series

B

1993

impt 4 Vis series E_
Mich

&

Louis

Cleveland

Div

Div

1st

Ilium

Il959

B

1st

Terminals

1st

Jan 2044

_

Util

1st

_1968

._

M

2%s

1976

mortgage 3s

1st

4lis

&

3 Vis

Southern

Gas

&

Sou

Hudson Coal 1st s f 5s series A___1962
Hudson Co Gas 1st gold 5s___„
1949
Hudson & Manhattan 1st 5s A
_1957

97

1

84%
103Vi

104-%

Illinois

101%

101%

*101%

A-O

*100'A 102

103 Vi

—

95

—

101%

1st

104

108%

100%

107%

._1977

A-O

101% 102

26

96%

104%

mtge 3s

*102

t

Conn River Pwr

*102

gold

1st

Af-N

Consolidated

3Vis

1970

M-S

gold

3s

Collateral

F-A

'

1978

Collateral

Refunding

108 %

Debenture

107

Cairo

ref 4'/is

1951

J-J

*104%

1961

F-A

*105

1965

A-O

3Vis

1st

&

ref

series

3s

Consolidated

Gas

Consumers Power

Continental

1st

Baking

Crucible

Steel

§ A Cuba

Northern

95

'

—

101%

A-O

95

95

8

92%

96%

J-D

.1975

debs_
3 Vis—

1965

_1966 %
1942

227

17%

29%

95%

94%

"100% 102%

100%

j-j

*103%

102

j-j

A-O

*101'A

„__1951

Af-S

1952

A-O

*100%

gold 4s__—

j.——1955
3%s

100

J-D

"503i

1027%

J-D

1951

j-j

104 Vi

*103%
*100

1st

gold

3s

Div

1st

gold

3s—

1951

—

Western

Div

1st

gold

3%s_„_1951

HI Cent

Lines, 1st gold 4s__
j__
Chic St

and

Joint

1st

1st

&

1st

ref

Illinois

101%

ref

Indiana 111

ref

*100% 103
101

106%

101%

5

.105% 106 »i

6

84

84%

4Vis

Iowa

100

j-j

101 %

100

3

97

101

1

101% 101 %
*

103

95%

101

104%

99%

101% 101%

104'A

98%

104Vi

100

97

101%

—

f-a

*102%

103

102

*101

101

93

__1963

C

.

93

94%

38

101

88%

■8 A Deposit receipts
RR

1st

5s

_

__

,

gold

1952

8 A Deposit receipts
§A7Vis series A deposit

85%

j-d

81

81

81

77

88%

j-j

*99

101

95

101%

gold 4s__^_1950

1st

j-J

101

101

100

A

97%

101 Vi
102

94%

Ref & Imp 2 %« ser C——
international Great Northern

48

55%

85 Vi

6

86 Vi

20

81%

102

Indianapolis Union Ry Co—

96

^lfet

series

bs

rets

37%

42%

A

83

5

80%

84

A 1st

33

33

J-J

33

4

31%

363/8

A_

i

1986

85%

85%

72%

74%

48

52%

92

20

76
43%

17

48%

71%

J-D

90

RR—

—1952

A 1st

33%

37%
37

40

1946

*34%

35

1946

J-D

*33

35

1975

A-O

"96%

97%

1978

J-J

1965

§A6s series B deposit receipts

J-D

93%

j-d

;_1963
ser

88

82 Vi

*38%

J-D
J-J

100 Vi

„_1970

4s

J-J

'

ACuba

108%

89%

77

103%

—

*100
100

j-d

1963

D

ser

Ry

102

f-a

—1951

A

series

mtge 4s

84'/a

102%

N O—

&

series

5s

Terminal
&

L

—

52

U-

102'%

95

1950

2

37

99%
91

105%

98%

Bridge gold 4s

100%

-loo

99%

*89%

103%

98

f-a

110%

100

70

99%

1966

Div

102

100 %

6

4%s.

5s

100%
100'%

9

M-N

,

103%

—

102% 102'%

1955

gold 4s

102%

104

M-N

trust

100

__

*35

102%

M-N

1953

103%

95%

__

M-N

.

—

*101 %

1951

:

j-j

106

372

107% 107%

M-S

24

1952

100%

5

96%

96%

*101 Vi 102

J-J

21 %

j-d

Registered
99

A-O

68

24

95%

'

j-j

94

2%s____1968

57%

j-j

Springfield

1

107%

160

1978

107%

95%

J-D

61

1981

.

104%

1972

1st 5 Vis

Ry

A-O

j-j

1977

mtge 2%s

3s

1st mtge

Feb 1957

104%

105%
101

M-N

96%

105%

58%

f-a

95%

1963

98

88
103

—

60 'A

j-j

Af-S

,_1972

96%
127%

94

32

*102} ■;

F-A

St Louis Div &. Term gold 3s____1951
Gold 3%s
1951

1982

D

Natural

93%

93%

M-N

Omaha

York—

debentures

conv

93%

J-D

104%

It
.

3s

93
117

55

94%

1

104%

J-D

New

94%

__

——

Louisville Div & Term gold 3%s_1953

N

of

Af-S

95

sterling

lines

103%

101

10

102% 102%

F-A

Corp

97 %

*101

1951

Purchased

102%

101

*99% 106%

1977

Edison

93

119

4s—

58%

Co—

1st & ref mtge 23As ser A___
1st
rel' mtge 2%s ser B_,
1st & ref mtge 2'Vis ser C__

97

"7

1951

trust

104

*104% 106

1955

L__

Cigar

Consolidated

97

94

94

1-.-.

95

3 %s

106%

102%

f 3%s A

s

56 Vi

*117

Extended 1st gold 3Vis

44%

5

102%

A-O

series

43

*94

J-J

66%

59'A

J-J

4s—

98%

46%

46'A

M-S

1st mtge 3s series
Conn Ry & L 1st &

80

100

2%s__+,r_1970

Telep 2%s series A

gold

1st
6

22

Bell

Litchfield
1st

58

58

68%
92%

70

106% 107%

1971

Commonwealth Edison

101%

93

75

J-J

1st mtge 3s series B
Illinois Central RR—

F-A

50 %

107 % 107%

debs

97%

99%

106

83

Refunding

3 Vis

102%

92

102%

*__

46%

100%

__1999

___

6

Af-N

El

income 5s

8

J-D

101%

11%

102

77%

89

1980

Ohio

AAdj

99%

67%

Finance

mtge 2%s__1976

64

1st extl 4s

Toledo

82

1st

64

1973

&

Corp

Ry—

& Elec

Columbus

Household

A-O

debentures

Columbus

93

A-O

(Stamped modified

Columbia

1st 4Vis

_1973

mtge 4 Vis series C____;

Colorado

74

6%

97 Vi

A-O

Hackensack Water

;,-*1972

series B

95%

~9

0

Apr

Hocking Valley Ry

Co—

mtge 5Vis series A

1st mtge 5s

102

82

63

'

States

89

1961

gtd 4Vis

70

2

92%

91%

16

95

*8%

A-O

109

97

—

J-J

103 Vi

76%

%

J-J

1969

_

B_

ser

103Vi105

M-N

74

95

98

82%

10

99 Vi

88

85

87%

*74

J-J

July 2015

__

D

69%

1950

Cleve Short Line
1st

J-J

90

85

A-O

1975

A.

seris

67%

1982

___

Cleveland

Union

*99 Vi

67%

1970

mortgage 3s__;
Cleveland & Pittsburgh RR—
gtd

J-D

1991

4s

3s

1st

Series D 3 Vis

.

16

Feb

101%

82

91%

J-J

coll trust 4s___1990

1st

Electric

J-D

1977

90

H
4

Ry—

4s

117%

88'/4

88%

Feb
_

ser

inc 4s

J-J

RR—*

series

inc 5s

•

A_

Collateral trust 33As
Gulf

1063/4

78

97 V

123%

110

100 Vi

91

1961

Q

ser

ctl's

1990

_

'99

1969

ser

West

&

ref

mtge

Gen mtge

105%

4

&

1st

106Vi

104

A-O

_1978

101 %

'100
104

&

Mobile

Gen

17

102% 104

112

116

4

95

Bay

N

ser

Greyhound Corp 3s debs

.

109%

2

116

76%

mtge

8

119

J-J

ADebentures

101

76

0_^

3%s

Cincinnati Union Terminal—

mtge gtd 3%s series E
1st mtge 2:%s ser G
City Ice & Fuel 2%s debs_

—

109% 110
119

116

*83 %

—

116

mtge 3'As-ser

A Green

105

74%

M-S

1975

1st

109%

J-J

1976

D

J-J

1973

B

series

Gen

94

76

76

J-J

_

81%

Gen

107%

100

"l

101'% 101%

J-J

4s___1952

mtge 2%s_

3

Gen

94

100

*101

„

J-J

D

85

mtge

1st

1963

conv

5Vis

General 5s series C

70%

71%

102'A 102 %

J-J

___1963

ser G
Indiana

4 Vis series

ref

91

85

Co—

Station—

mtge 27/eS
&

58

J-J

1994

mtge 3 %s series F_____

Chic

240

103

103

85

Af-N

1st mtge 2%s_1965

Ry—

2%-4%s

2%-4'As

Union

61%

Co

Ry

61%

90%

J-D

1994

Terre Haute & S'easiern

(B

F)

75

53

90V8

—

J-D

Memphis Div 1st gold 4s
M

65%

81

*101

—

M-S

Gen

J-J

_1951

^

_______

ref

4

54%

5 9'A

J-D

&

Goodrich

67 'A

—

'

"

Great Northern
32

J-D

'

1969

__

_

Gen

1994

Chicago St L & New Orleans 5s___1951

1st

106

53

59 Vi

Apr

Income

A4s conv. inc debs

93

99%

100%

67

53%

J-J

A_Jan 2019

Chic

88%

Gas & Elec of Berg Co cons 5s
.1949
General Realty & Utilities Corp—

& Pacific Ry—

series

mtge conv 4V2S

Gold 3ViS

98 %

100

_

Apr

1989

Chicago Rock Island

*93%

J-J

B

ser

J-J

RR—
_

4%s inc
inc

-

1956

J-D

34%

__

Adjustment
5s

series

6s

series

A.

B

Int

Rys Cent Amer

A-O

24

24

25

,_1956

J-J

67

67

68

1956

J-J

66

68

79

50

66%

66%

26

60

1

99

July 1952

—

gold 5s series C_—
§AInternat Hydro-Elec deb 6s

___1944

1st 5s B_

~-P

A-O

66%

M-N

•p.-

Jamestown Frankl & Clear 1st 4s—1959

J-D

72%

Jersey

1976

Af-S

gold 4s_ _1990
City Power & Light 2%s -1976

a-o

1972

102

%

102

71%
67%
102

D
Dayton Pr & Lt 1st
1st

;

mortgage 3s

Union

Dayton
Deere

&

mtge 2%s

3 Vis ser

Ry

Delaware & Hudson

Delaware
N

Y

Lack

&

AIncome
Morris

Denver

95'/a

101% 101%
95%

99%

37

96

89

1973

*_._

Af-N

80%

86%

88'/a

1993

Af-N

62%

62'/a

63

36

54

68

Af-N

66

66

67

22

54%

68%

Z

&

3s

_1973

A-O

3%s__

1977

& Rio Grande West

101

101

10

100%

103

RR—

mtge ser A (3% fixed
contingent int)__,
„
AIncome mtge ser A (4%%
contingent int)

Denver

Income
lVr
Detroit

(3%

mtge

&

ref

&

ref

Detroit

series

1970

103

J-D

1995

J-D

__1995

J-D

lien gold 4s

1961

4Vis

RR 2%s

B__1976

ser

debs

2.35s

102
"96 Vi

M-S f
J-D

104 3i

"71%

103%

51%

21

65%

93

70%

SADul So Shore & Atl gold 5s__i_1937

____„1977

66%

82%

107%

100%
95%
104%

105'/a

3

68%

76

58%

71

97 Vi

98%

F-A

83

95%

983A

1st

City

Southern

mtge 4s

-1978

—

94

94

1st

3%s series B
Kansas City Terminal Ry 2%s
Kentucky Central gold 4S

101%

101% 101%

9

101%

a-o

101

100% 1017%

43

96%

J-D

3

97%

_1974

99%

99%

*98%

a-o
J-J

1961

—"

99%

J-J

*45

J-J
J-J

-1959

Af-S

Laclede Gas Light 4Vis conv debs—1963
Lakei'ront Dock & RR Terminal—

Af-S

Ed El 111

1995

J-J

(NY(

1st

cons

gold 5s

76

74%

96
81

91 %

106%
86

97%

2

96

98%

47%

3

38

49%

98%

98%

22

96%

100%

"Elgin Joliet & Eastern Ry 3%s
El

Paso

& S'western

stamped
Erie

1970

__

a-o

a-o

_

Railroad Co—

Gen

mtge

inc 4 Vis ser A___ Jan 2015

1st cons mtge 3%s

ser

E

1st cons mtge 3'As ser
1st
1st

cons

mtge

3Vis

ser

mfge 2s ser H
Div 1st mtge 3'As

_

Ohio
For

footnotes see




page

_

_

J-J

;

1st
Lake

mtge s 1' 3%s

7%

Sh

&

Mich

Sou

3Vis registered
Lautaro
Alst

Nitrate

mtge

106

105

gold 3%s__—1997

J-D

94 Vi

1997

J-D

*88 Vi

;—;

Co

-of

*94% 102

M-S

112%
156'/a

income reg

1%

90'/a

91%

7

*94'%

96%

—

F-A

100

f-A

*95%

1974

f-A

1954

f-A

stamped

Lehigh Vai Harbor Term gtd 5s

Lehigh Valley Ry Co NY 4%s ext_1950
Valley RR—
4s stamped modified
-2003

100

105%

64

73%

—

93

95

4Vis stamped modified
4Vis registered
5s

a

81

86%

81 Vi

81 %

4

78

86%

99'A

95%

96%

100

—

29

■cr

100

111%

88%

98

82%

Dec

1964

2

84 "2

6

93

A-O

1954

06

84 Vi

94%

102

90

81%

92

90

98%

95

100%

Co—

105%

^

43

1975

stamped

5s

106%

1970

stamped

106%

10

*95 Vi

84%

M-S

1971

69%

68'A

%

Ltd—

Lehigh Coal & Navigation Co—
S F mtge 3 Vis ser A

100
96

2

84

•

96

82%

95

92'A

J-J

66'A

67 V'a

17

60

71%

68

67%

92%

2

69

8

67

75

62

27

39%

26%

38%

Lehigh
4s

CO

103'A

J-D

A

102

103%

•

98

176

99 %

4

7%.

1963

ser

101%

.

102%

103

103

J-J

_1953

148

102

102

A-O

2000

G__

_

1964
1990

_

—

cons

j-j

2

*104

Af-S

1965

1st 5s

110
141

111% 111%
*142

97

169

5s

M-N

100'/a
112'/a

20

100Vi 101

5s

1956

50

97

*97

a-o

114%

112%

a-o

-1964

100%

44

50

*108

J-J

99%

97

*100'%

.1997

—

103

104%

109

*108

-1961

unguaranteed

Kings County El L & P 6s_
Koppers Co 1st mtge 3s.
jAKreuger & Toll 5s ctfs——

Lehigh Valley Coal

East Tenn Va & Ga Div 1st 5s

100

a-o

z. -1961

4%s

100%

1950

-1987

—-

—

98

94

S9%

__

-1968

3s

1st mtge

Stamped

*99%

97%

*97 Vi

J-D

1975

Ry

A_

ser

J-D

104 Vi

45%

-

72 Vi

2

98 %

487

103

13

96'%

110%

42

97%

J-J

2%s_

6
3

80

103% 103:',
"84

M-S r

J-J

Duquesne Light-Co

mortgage 2%s

Plain

104 Vi 104%
76

Af-N

1961

Dow

80

4

.

108% 108%

1958

& Tunnel

Term

79

M-S

1982

I_

gold 4s

Chemical

79

J-J

1966

wL__

Det Tol & Ironton

+

1993

H

series

2%s

& Mack 1st

A Second

Detroit

3s

debs

conv

64

Apr

86%

fixed

contingent int)____
3%s series G

Gen

86%

J-J

—

Edison

Gen
3s

_1993

——______2018

Salt Lake

&

1st

1st gtd

Kentucky & Indiana Term 4%s— -1961

1st

l'c

73%

96%

K
Kansas

Kansas

J-D

Light
tr

2%s

Lt

&

97

May 1 2042

coll

Pow

Kanawha & Mich

C_„

ser

Central

102

Co—

4-Gs

Power

M-N

72'%

103%

12

division

Essex

mtge &

1963

103%
101 Vi

A-O

99%
103%

div

mtge due

&

Delaware

1st

5s

Tr

Coll

RR

Western

M

ref

_1965

4s extended

West

&

Lack- &

1st

B

2%s debs—

Co

95%
103%

"100

registered

stamped

modified

Af-N

2003

Af-N

2003
2003

Af-N

36%

Af-N

2003

Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s
1965
Liggett & Myers Tobacco 5S
1951-

Af-N
A-O

36

*33 Vi

40%

40%

*35%
43

70 Vi

A-O

*120

A-O

108

37%
37

41%
45

43 Vi
71

23
2

42%
40

36%
67

47

78

120

122 3A
108

30

293A

50

1

121%

107%

111%

U

(2248)

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

Monday, November 29,-1948

NEW YORK BOND
RECORD
RANGE

Friday

BONDS
1

Interest

New York Stock
Exchange

1962

Lombard Electric 7s series
Long Island unified 4s
Guaranteed ref gold 4s
4s
stamped
Lorillard (P) Co deb 5s

A

1949

ref

MS

A-O

88%

2003

A-O

76 y4

2%s series G
3%s fic-r H__

M

MS

4s_„__.

1955

Jf-N

Cons

1954

J-D

Prior
A

5s

4s

lien

Cum

series

series

4%s

adjust

5s

A

ref

5s

series

ref

5s

gold

5 Vis

A

1st &

ref

A

J

1st &

ref 5s

gold 5s

A
H

3s ser

A 1st

4 Vis

series

;

5J/2S

Jf-S

ACertificates

New

York

Cons
Ref

&
Ref &

series

4s

5s

N Y

mtge

3s

Dock

Y

Y

1st

Lack

1st

&

ser

371

63

103

16

101%

—

1998
A

55%

56%

20

,

54%

__

78%

14

68%

6

64%

88%

98%

-

,

85

98

98%.

84%

10

*101

101%

97
102

102

1997

'J-J

&

1998

F-A

*98%

1998
1980

89%

89%

1951

F-A

2000
2043

99%

101%

4s

1955

Corp 1st 3Vis
*N Y Susquehanna
& Western
§ A 1st
refunding 5s

1963

80

84%

85

{ATerminal 1st gold
N Y Telephone 2%s
ser

For footnotes

5s__

82%

62%

62 Vi

-1982

page 29.




1974

87

99%

99%

series

5s series

4Vis series D

60

68

Co 5%s

inc

57%

64

Potomac

97%

mortgage 3%s
mortgage 3s
Providence Terminal

Elec

81%

6

82%

101

1st &

98

70

80%

6

100

97

100%

69%
*78

64%
42

1st

&

ref

2

112%

118

6

104 %

HO

104 Vs

103%

2

97%

100%

15

98%

102

11

97

100

98

2

96%

100

99%

10

98%

101 Vi

5

9%

13%

29

100 %

102

3

94%

99

9%
9%

8%

101% 101%
96

96%

10

__

—

—w.'
—

-

__
—

106
106%
*105% 106%
88%
88%

10

Pwr

1st

mtge

111

103

110%

110%

84%

6

99

89 %
103 Vi

100%

103%

5

100%

163 Vi

92

2

79%
81%

93

79%

93

107%

117

91'/4

91%

5

—

91

91%

6

*107% 111

J-D

93

100% 100%

J-J

*104

F-A

*_-

106

J-J

*99%

99%

106

.1977
4s

MS

*98

105

101 Vi
106 %

99%
100

J-J

*106

Jf-N

90

*102% 104

107%

.2037

J-J

144

.2037

J-D

215

90

105%

215

108 %

101%

144

105%

142

145

210

216%

77

76%

85

66%

132

60

301

31

75%
52%

—

%

Quaker

Oats

2%s deb.

1964

J-J

99%

99%

86

86

12

98%

100%

83%

93V4
102%

*103

10%

10%

4%

98%

10%

120

4%

4%

97%

7

61%

6

6

106 % 106 Va

44%
*42
23

*__

J-J

94%
*101

J-J

44 Vi

88%

88%
*__

Rochester

69

tARut-Canadian

40

12%
73%

Jf-N

101

Corp—
1977

—1967

M-S

123%

4s

M-S

*107%

1967

M-S

*106%

1969

M-S

1949
1941

J-J

104%

107%

9%

10

10 %

11

103%

107 Vi

107 Vi

104

—

__

104 % 104%

J-J

78%

29

106

5

99%

101%

106%

109%

Saguenay Power
St Lawr

2d

49

92%

127

129

109%

St L

116

105

..,

10%

7V'8

13

7%

15%

105

12

4

Jf-N

98%

101%

45

Elec

stamped
t§ARutland RR 4%s
stamped

93%

77%-

&

mtge 4Vis series D
Gen mtge 3%s
series H
Gen mtge 3Vis
series I
Gen mtge 3%s series
J

52%

30

Gas

Gen

107%

32

94%

110

Reading Co 1st & ref 3Vis ser D—1995
Revere Copper & Brass
3%s
1960

97

105

104

127% 127%

60%

1

23

90%

R

13%
7%

98%

20

46

99% 99%
107% 108

M-S

3

95%

103

97

.

97

Jf-N

7%

97

97%
61 Vi

.

108

St

.

3s
1st

series

A

1971

gold 5s

—1996

Rocky Mt &

M-S

P 5s

mtge 4s series A__.
A 2nd
mtge inc 4 Vis ser A

96%

J-J

1996

stamped
Louis-San Francisco
Ry Co—

1st

_

& Adir

gold 6s

■

109

14

.1983

8s

—

113%

103

91%

J-J

106%

—

110%

J-D

mtge 3Vis_. .1966

mtge 5s

102
*

2

99 %

92

F-A

11%

__

106

100% 101

.

.1964

debs

106

103%

14

100% 100%

—

A-O

.1977

25%

98%

99

101

A-O

A-O

.1962

100

70%

43%

64%
42

ref

96%

9%

99

J-D

.1956
Public Service Elec &
Gas 3%s— .1968
1st & ref
mtge 3s
.1972

91

96%

10

97

*113%

__

88%

J-J

.1974
.

1st

91

2

14%
103

*113%

HO

106

M-N

.1960

C

1st

Pittston

10

103%
100%

59%

15

106

~

J-D

.1959

B

1st gen

65%

U

'

*100

F-A

M-S

"l

100

F-A

M-S

82%
69%

5s

2

Ashtabula Ry-

62

a

J-J

A-O

90 Vi

86 '/8

*111

J-J

A-O

93Vi

90%
99%

&

91

—

F-A

Jf-N

.1958

series B

1st

*92
87

9

•

1963

A

76

gen

89%
68

60

Ry—

Youngstown

lst gen

78%

*106

1964

1st mtge 4%s series C
Pitts

94

97%

*103%

A-O

61

20

63%

&

88%

26

12

98

A-O

series

111%
103%

94

76

9%

F-A

1st mtge 4%s
1st mtge 4 % s

107%

104%

100

F-A

Jf-N

84

79%
.

62%

60

71%

25

80%

*61

F-A

1943

series A—
see

62%

60"

J-J

mtge 3%s ser E__—
1978
Ref mtge 3s series F
1981
Niagara Falls Power 3Via
1966
Norfolk Southern
Ry Co—
AGen mtge 5s conv
inc
2014
Norfolk & Western
Ry 1st gold 4s_jL996
Northern Central gen &
ref 5s
1074

j/Gcn & ref 4Vis

80%

Jf-S

1937
1940

D

88

A-O

1937

Ref

76

99%

11
20

83%

98%

J-J

1970

117

100% 100%
99%
98%

J-D

1975

100%

112

41

100

*9

B

12

112% 112%

M-N

mtge 3%s

97%

115%

104 % 104%

J-D

series E
.1975
Pittsb Coke & Chem
1st mtge 3%s. 1964
Pittsburgh Consolidation Coal—
3%s debentures
.1965
Pittsburgh Steel 1st mtge 4%s
.1958
Pittsburgh & West Virginia

70%

74%

112%

J-D

series

101%

97

1957

5s

103%

97%

104% 104%

1953

mtge

102%

98%

109 Vi HO

1978

A

49

106%

102%

15

M-N

1964

35%
102%

.60

104%

1937

4s

166

99% 100%

1.

1981

99

104

102%

97% 100%

J-J

j-j

98%

82%

1960

Gen

97%
96%

60%

*75

F-A

1977

1967

f

Vi

F-A

1971

s

97

100%

Jf-S

1974

1st

46%

99

Apr

1961

2%s

10

104"%
106% 107

99

A-O

1974

106 Vi

*99% 101%

J-J

1980

101%

21

104

97%

A-O

A-O

98%

104%

100 &

*100

J-D

96%

98%

98 Vi

45

1955

96%

*70

J-J

96

80

86

A-O

86

70

Jan 2022

82% '

May

57%

'

79%
86

98 Vi

*97

J-J

100%

75%

*

1997

■

93 Vi

*103 Vi 106

96%

92%

101%

90

1

101% 102%

46

J-J

1974

Pgh Cine Chic & St Louis RR—
Gen mtge 5s series A

90%

78%

101 %

14

104

Co—

Cons gtd 4s series F.
Cons gtd 4s series G
Cons gtd 4s series H
Cons gtd 4Vis series I
Cons gtd 4%s series J

93%

15

92

93%

98%

101%

92 %

99%

*10022

F-A

94%

95%

*104%

J-D

104

81

102%

Pittsburg Bessemer & L Erie 2%s„ 1996
Pgh Cine Chic & St Louis
Ry—

107%

5

104

C

101

66%

81

4

102%

102%

93

98

J-D

Apr 1990

ref 2%s

Gen

71%

tr

98

100%

93%

115

1960

ACertificates of deposit
Phillips Petroleum 2%s debs

,

1

115

Vis

General gold 44 Vis series

Philadelphia Co coll
Philadelphia Electric
ref

93%

A-O

1985

& Wash RR Co5s series B

General

103
103

F-A

1952

1st & ref 2%s
t§ A Philippine
Ry

83

RR—

4Vis—
gold 5s__

3Vis

103%

106

Jf-N
J-D

Phila Bait

102

62%

J-J

M-S

deb

Gen mtge 3%s series F
Peoria & Eastern 4s ext
A Income 4s

103%

98

98%

*99% 100

A-O

1984

98%

10

92

Jf-N

1981
E

7

14

99%

93%

J-J

1968
D

series

2%s

68%

Jf-N

N Y Power &
Light 1st mtge 2%s__1975
N Y & Putnam
1st cons gtd 4s
1993
N Y State
Elec & Gas 2%s
1977
N Y Steam

§A2d gold
§ A General

Conv

B

series

ref

60%

Jf-N

J-J

series

1st &

67

J-J

1973

Hartford RR—

4%s

mtge 4%s

104
104 %

1965

;

108%

98%

1960

A

23/4s__,

60%

Jf-N

__2043

5s

series

105%
118%

67

72%

97%
105

106

101% 101%'

MS

RR—

"fVis

ref

115 %

61

93 %

103 %

98%

1965

99%

95

98%

98

Jf-S

1952

sinjmig fund 4%B

&

II

19
102

6

M-S

Airlines—

E trust ctfs

&

18

93%

3

A-O

income debentures—1960

1st

32

10

98%

93%

J-D

Co—

series

1st

2

91

93%

J-D
A-O

conv

s

1st &

10

1

17%
99 Vi
94

99 Vi

A-O

1983

101

80%

*85%
93%

1985

1978

102%

101%

8

91

89%

A-O

1975

debs

*

103% 103%
89%

F-A

1986

2%s

1987

100%

__

60

B

%

Gen

99

99%

*104%

F-A
F-A

May

General

93

100% 100%
99%
99%

100%

J-D

debentures

General

103%

*101% 102%

J-J

1998

series A

99

95%

99

101%

J-D

—1982

R

ser

1986

100%
16

99%
99%
102% 102%

F-A

F-A

Tel

&

General

105

96%

101% 102%
116% 116%

J-J

A-O

3%s

debentures

Cons

91%
100%

102%

23

__

j-j

A-O

Tel

M

debentures
debentures

General

104 %

1

*102% 102%
103% 104%
*97%

J-J

2013

ref

Pennsylvania

93%

100%

__

85

F-A

A-O

&

1980

Peoria & Pekin Union
Ry 5%s
Pere Marquette
Ry 3%s ser D

J-J

1998

St Louis—
E

4s

95 %

100% 101

A-O

75

*100

—

Jf-S

1973
&

95%

101

J-D

1975

83%

73%
90%

■

A-O

F-A

J-D

1st mtge 3s
s
f debentures

60%

78

J-D

1997

Vis

B

Haven

10O

95%

*106

J-D

102%

73%

Jf-N

A-O

1981

2^s series P_
2%'s series Q

3s

68%

99%

0

J-D

2013

B

92

95 %
95%
103% 103%

J-D

1974

Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power & Light Co—

104

84%

A

1

97 Vi

94

J-D

a 3

90%

61%

7

103 Vi

*101

M-N

ref mtge 4s ser
A___
2007
Gen mtge conv inc
4 Vis ser A_2022
River & Port
Chester—
1st 4s
1954
IAN Y Ont &
West ref 4s
June 1992

£'•

281/4

62%

-4-

A-O

J-D

1979

Gtd 4s

90%

J-D

A

'

71%
71%

^

gold 3 Vis

100%
104%

*14

J-D

1977

Pennsylvania

31%

48

212

F-A

Harlem

A

18%

86 »/4

86%

103

J-D

deposit

ser

92%

99%

*99%

J-D

series N

L

Paducan & 111 1st s I
gold 4%s—1955
Paterson & Passaic G & E
cons 5s_1949

90%

84%

.

F

West

series

New

72

20

85

78

1956

RR 2%s
gold 4s__,

6

19

*98% 101%

J-D

1971

series M

3Vis

907/s

26

M-N

1950

A

ser

& Harlem

4Vis
N

86%

71%

1966
1970

ref 3s
ref

3%s

90

55%

1954

3

93%
93'%

97%

A-O

ref 3s

&

2%s

51%

J-D

1952

deposit

Connecting

Mtge 4s series
Mtge 4s series
N

71%
30%

85%

F-A

1988

A

Chicago &

Ref mtge
3%s

Y

89

378
220

86%

1960

A

series J

3%s

71 %

45%

—

ser

series

Pacific

^

80

85%

M-S

1982

_____

N

61%
47

86%

M-N

1948

Mich Cent coll
gold 3%S
3 Vis registered

1st

86 Vi

3s

ref 3s

1st

69%

20

A-O

1952

D

3Vis registered
Lake Shore coll
gold
3 Vis registered

N Y

61

42%

M

F-A

1961

Central & Hudson River
RR—
General mtge 3Vis

New York

15

86

Jf-N

1954

deposit

impt 4 Vis series
impt 5s series C

86%

95%

F-A

&

1st & ref

84%

65%

Central RR Co—

4s

N Y

71%

84%

M-N

.

of

19

42%

M-N

deposit—

of

82

84%

-

A-O

RR

Pennsylvania-Central

Jf-S

1954

series

79

1

Jf-N

C

ACertificates
A 1st

68%

88

1955

B

of

19

64%

"

1975

series K

1st

57%

67

__1953
JNew Orleans
Texas & Mexico
Ry—
A 1st

series

49%

76

gtd 4s

5s

65%
94%"

15

93 %

J-J

ref 3s

1st &

93%

80%

1955

Ref <fc Imp 4Vis series
A
Orleans Term 1st

Certificates

84

20

07

2%s___1986

New

A

87

92%

U-S

ref 3s

'

72%

71%

82

2000

Junction

of

72%

66

St Louis—

cons

68

60

101 Vi 101%

92 Vi

101%

A-O

1st &

101%

101%

51%

70%

RR gtd 1st 4s
1986
New
Jersey Power & Light 3s
1974
New Orleans
Great,Nor 5s A
1983
New Orleans <Sc
Northeastern RR—

Certificates

51%

1

75%

1991

debentures
New Jersey Bell
Telephone 3%s
N J

A 1st

51%

84

1948

1974

&

1st

N

&

gold

series

84

A-O
F-A

1958

3s

5s

98%

65%

1966

New England
"Fei & Tel 5s A
11st gtd 4Vis series
B__
;

A

4

67

B

Gas

15

J-J

__1980
National Dairy
Products 2%s
debs_1970
3s debentures
1970
National Steel
Corp 1st mtge 3s
1965
National Supply
2%s debs
1967
Naugautuck RR 1st

Newark Consol

56 Vi

J-J

1978

Chattanooga

1st mtge

86%

A-O

1st &

100%

101 %
51

56 %

J-D

1980

Comtr M 4Vis series
B

Nashville

60 %

65 Vi

A-O

1st

106%

96

100% 100%

j.J

_1981

I

& Tel

103

42

61%

86%

F-A

1975

Pacific Gas & Electric Co—
1st & ref 3Vis series I

87%

103%

100%

Oregon-Washington

102%

80

10
50

102%

J-J

1949

series

series

96%

60%
*57%

107%

& Lake Cbamplain
Ry—

mtge 2%s
Oklahoma Gas & Electric
2%s

100%

99

83

*__

J-J

1978

Moh'k & Malone
1st gtd gold 4s
Monongahela Ry 3'is series B
Morrell (John) & Co
3s debs
Morris & Essex 1st
gtd 3Vis
Constr M 5s series A

Mountain States Tel
3Vis debentures

82%

A-O

1977

F

ser

100

High

99

J-J

.1977

Low

22

101

100%

104% 104%

A-O

1965

series G

AConv

82 3i

MS

1975

&

&

1974

1975

.1978

Range Since
January 1

Sold

NO.

103.%

60%

101

98%

__

__

MS

Jan 1967

General 4s

A 1st

-

*100%

104%

97
3

1978

D

A 1st

,

US

1st

98%
102%

98

99%
100

*101%

J- J

1990

A

J-J

1975

SAlst guaranteed 4s
Ohio Edison 1st
mtge 3s

70

94%

1962

series

2047

101

J-J

impt 5s series D
trust 4 Vis

tOgdensburg

75%

91%

70

98

*99

MS

1962

RR Co—
1st & ref 5s
series A

A

2047

mtge 2%s
mtge 3s
(Wise) 1st mtge 2%s_

98

84

"7

70

100

M-N

RR—

JMissouri Pacific

J-J

Bonds

High

*__.

Q-J
Q-F

2047

101

Q-A

1st

101%

67

94%

*101% 102

«

100

M-S

5s__i.__1940

B

—

1

851/4

*96

Jf-N

1969

A

series

1997

2047

1st

111

97%

_

73

*__

—

A-O

Minnesota Mining &
Mfg 2%s
1967
Minn St Paul &
8ault Ste Marie—
1st mtge 4%s inc
ser A
Jan 1971
A Gen
mtge 4s inc ser A
Jan 1991

Missouri-Kansas-Texas

96%

Q-J

Jan 1 2047

registered

Northern States Power Co—
(Minn) 1st mtge 2%s

89%

108%

1997

Ref &

96%

92%

100

84

—

J-D

1952

Mo Kansas
& Texas 1st 4s

73
84

Jf-N

-195,1

1st ext

4

*99% 100%

J-J

1969

of N J

93%
__

*97

(•NT —

M-N

C
1979
1st mtge
3%s_1969

Gas

mtge 2%s
1st mtge 3%s

40-year

3s

101%

76%
95

4s.

Ref & impt 4%s
series A
Ref & impt 5s series C

108%

87

1

31

93%

J-D

series

1st

lien

102%

1

76%

*105%

M-N

1960

Jack Lans &
Sag 3'/2s
1st gold 3 Vis

4%s

88%

96%

lien

Friday's

Bid & Asked

M
1972

Metropolitan Edison 1st mtge
27/8S_l974
Metrop Wat Sew & Drain 5%s
1950
Michigan Central—

Prior

102

105%

76%

A-O

1980

,

impt

88%
96

2003

3s

fund__Feb 11957
Manila RR (Southern
Lines) 4s
1959
May Dept Stores 2%s debs
1972
Mead
Corp 1st mtge 3s
i960

*

107 Vi

or

Saie Frice

Low

registered
General lien 3s

110%

100%

Week's Range

Last

Period

4s

Coll

Macy (R H) & Co 2%s debs
Maine Central RR
4*68 ser A
1st mtge & con 4s
ser
B
Manati Sugar 4s sink

tSAMidland

*107

Prior

102%

100 %

Interest

Exchange

Northern Pacific
Railway—

34

107%

Friday

BONDS

101A

100%

lOOf*

101% 102

US

1978

St Louis Div
2d gold
Atl Knox & Cine
Div

Michigan

100%

*107 Vi 108

101%

2003

3%s series F

1st & ref M

Ref &

100 %

F-A

1966

r

26

New York Stock

107

18

A-O

NOVEMBER

High

99%

100% 100%

MS

1963

ENDED

Nashville RR—

1st 8c ref M
&

Low
107

MS

1951

WEEK

Range Since
January 1

Sold

NO.

Jf-S

1949

1st & ref
mtge 3s

Bonds

High

J-D

1949

debentures
Louisville Gas & Elec
3%s

1st

Friday's

M-N

1952

3s

&

or

Bid & Asked

Low

A

Louisville

Last
gale Price

Period

Little Miami
gfen 4s series A

FOR

Week's Range

100

81%

83

131

80

57-%

59%

89%

110

51%

65%

Volume 168

THE

Number 4755:

-

COMMERCIAL &

FINANCIAL

CHRONICLE

'29

(2249)

NEW YORK BOND RECORD
RANGE

Friday
Last

Period

Sale Price

Exchange

New York Stock

or

103

series A
1996
4%s series A
Jan 2016
(Jos E) & Sons 2 Vis
1966

J-J
J-J
J-D

100

1971

A-O

t§ASilesian-Amer Corp coll tr 7s__1941

F-A
J-J
J-D
A-0

& ref

Gen

ctfs

bond

inc

1989
Nov 1989

certificates

bond

4s

4s

1990

gold 5s series A

St Paul & Duluth 1st cons gold 4s_1968
St

1971
.1989

Dept 3%s B

Union

Paul

1st gtd 4s
Seaboard Air Line RR Co—

Scioto V & N E

1st mtge 4s
AGen mtge

Seagram
Shell

Oil

Union

debs

2%s

1965
1976

Skelly Oil 2%s debs
Socony-Vacuum Oil 2Vis
South & Nor Ala RR gtd 5s
3s

Bell

Tel

1963

103

2Vis

Pacific

1994

1st

1977

2Vis

Ry

(Oregon Lines)
Vis

4

Gold

4 Vis

San Fr Term

Southern

A

1

Pacific

100

1957

Virginia Electric & Power Co—
1st & ref mtge 2%s series E
1975
1st & ref mtge 3s series F
1978
3Vis conv debentures
1963
Va Iron Coal & Coke 1st gold 5s—1949
Va & Southwest 1st gtd 5s
2003

M-S
'M-S
A-O
M-S
J-J

40

98%

102%

71

61%

92%

97

92%

96%

94%

95%

—

"31

—

35

99%
94

28%
9

94

50

—

56 Va

97%

.

99%

93%

—

52

96

101%
96

91%
122

--

—

98%

93

—

93

124

2

98%

102%

14

96%

"92

—

91%
95%

debentures

94%

90

87%

99

90 Vi

91%

58

102

100
80

89%

77%

76%

84%

"93

90

111

96%

24

111

97%

59

91

16

105

110

17

108%

113%

103%

109

102%

104%

.93%

97%

108

110*4

110% 110%

1985

A-O

93%

■.

Calif 2%s debs

*

33

102

7

51%

51%

120

Vi

98

102

J-J

46%

57%

1

100%

102%

94'/a

37

96 Vi

"101% 102%
96 Vi

92%

96%

97

96%

100

95 Vi

98%

100 %

"100

Ref

&

Texas

&

100 %

1st &

M-N

•*—

1970

3%s series B

A-O

1990

J-D

Orleans 33/8s,_1974

& ref M

Gen

1st

Gen mtge 4s

Third

of New

RR

Term

Ave Ry

AAdj

106

22

103 3/e

96%

2

92%

90%

«■

•

1960

1st ref 4s

20

_

119%-

99%

100%

-

_

71 %

J-J

Trenton

Gen

102%

70

73%

142

67

48%

350

37%

—

"98

•

85

1971

100%

99

trust 2%s_

1975

Western

Oil

2Vis

deb

3s

1967

debentures

Pacific

Union

Ref

__

1976

F-A

99

99

1

M-S

„

89%

101%

93 Vi

93%

93%

92%

100%

"81 Vi

81 Vi

74

83%

"75

78

75%

85

"95%

97 Vi

90%

"97

97

89%

89%

100
94%
99%
85
97%

Vi.

89%

F-A

"98

100

107

* 107

61%

67

59%

16

57 Vi

99 %

64

97

98%

98"!

■

99 Vi

May
101%

101% 101%
101% 101%

26

83%

83%

J-J
J-J
M-S

1958

J-J

1949

102 Va

A-O

1960

§Alst general

4s__——

J-J

§ ASu & Du div & term 1st 4s_—1936 "

94

74%

66

39%

38

94%

94%

~5

"104%

& Power 2%s__^_1976

J-J

92%

3Vis

77%

64

'75

45%

19%

40Vi
96%

30

1971

Public

1976

Service

Wisconsin

2%b

103%

113%

101

—

Power

Electric

Vi

111 %

102%

Vi

38

J-D
J-J

Wisconsin

100 Vi

70
;

M-N

deposit

Certificates of

94%

93% 100%

73%

73%

103%

96

"111% 114

J-J

deposit

of

Certificates

99 Va
102%

99

95 Va

94%
"94%

Central Ry—

^Wisconsin

102

88% 102
80%
94%
99% 101%

94%

"4 Vi

J-D

M-S
J-J

3%s series D
Wilson & Co 1st mortgage 3s
Winston-Salem S B 1st 4s

)

101II

"101V2

M-N

99% 103%

96%
201

99 Vi 100%

99%

1970
1967

mtge

7

98%

"97%

J-J

108

85%

100% 101%

100%

67%
101%

95

68

101%

M-N
M-S

1992

A

106% 109
59 •'
69%

109
107%

59%

Union

Wheeling Steel 3Vis series C
1st

106%
105%

59

A-O

Jan2014

Telegraph Co—
Funding & real estate 4%S—1950
25-year gold 5s
.
1951
30-year 5s
1960
1951
Westinghouse El & Mfg 2 Vis
2%s debentures
IP*7!
2.65s conv debentures
u,1973
Wheeling & Lake Erie RR 4s
,1949

2
17

"107% 107%

59%

M-S
M-S

"

101

98

107% 107%

J-J

2361

47%

53

F-A
J-D
J-D

1966

"51

107%
55%

103

105 % 106

106

A-O

93

105

103

__

99

105 %
96-

109%
100,

103%
101

9

96%
87%

sale

delivery

in the

n

♦Friday's bid and asked
ABonds

94

94

not
sale

In the year's range, d Ex-interest, e Odd-lot sale
Under-the-rule sale not Included in, the year's range.* r Cash

range, (y Ex-coupon.

impaired

§ Negotiability

92%

92%

not included

year's range,

in the year's

included

♦'

maturity.'

by

1

^Companies reported as being in bankruptcy, receivership, or
the Bankruptcy Act, or securities assumed by such companies.

102%

43

Deferred

included
not

101%

101

96%

5

90

100 &
109

94%

101%

101
15

99%

1991

series C

2Vis

mtge

103

99%
103

99

"95%

M-N

Maryland 1st mtge 4s—_^.1952

Western

RR—

debentures

2Vis

J-D

2

"100% 101%
103
103 Vi
99Vi 99%

__

J-J

1970

Calif

of

M-N

—1968

debentures

3s

Union

,

1

99%
"103

Apr
M-N

2361

—:

Western Pacific 4%s inc A

a

A-O

99%

112%

101

95

106% 107
97% 97%

106%

M-N

mtge & coll

series I

guaranteed

1st 4s

Registered

U
Electric Co of Mo 3%s

1st

1

3%s

mtge

Shore

West

Yonkers Elec Lt

Union

63

103

107

107 %

107

64%

97%

"100% 100%

—r

M-S

99%

101%

"101 Vi

J-

107

Apr
Apr

'

1950
1967

5s stpd gtd—

West Penn Power 3%s

102

99

"100%

M-S

debs—,1961

105%

94%

97%

'

inc series A
Jan 1981
4%s series B—Jan 1991

Westchester Ltg

127%

94%

45

.46%

J-D

Tri-Continental Corp 27/8s

'

Baking Co—
5%s
debs
(subordinated)
1970
Warren RR 1st ref gtd gold 3%s__2000

98%

88%

12-1%
14

99 %

"100% 101%

A-O

Jan 1960
3%s„1960
& Elec 1st gold 5s
1949

income 5s

*

105

105%

Ward

A

Tol & Ohio Cent ref & impt
Gas

101

„

«

-

J-J

105

A-O

1st mtge 3 Vis series B
—1971
Walker (Hiram) G & W 2%s debs_1966
Walworth Co conv debentures 3%s_lS76

Pacific—

Pacific-Missouri

Texas

96%

89%

J-D

gold 5s„
37/8s series E

Pacific

&

3

104% 104%

'

Texas

116%

91%

91%

96%

A-O

2000
1985

series C__,.

3%s

M

ref

97%

1965

r

A-O

114%

Orleans RR—■

New

ref M

&

1st

D

deb

3s

Corp

Texas

series

27/8s

imp

97

97%

Gen & ref M 2%s series A

♦115%

J-J

<*.2019
1985

79

"105%

M-N

Gen mtge inc

Terminal RR Assn of St Louis—

imp M 4s series C

97%

84

20

W

105%

8

93%

93%

"105

1995

Washington Terminal 2%s ser A—1970

101% 101%
93 Vi

M-N

1973

6

94%

102

F-A
J-J

—1966
1972

debentures

93%

M-N
,

106%

106

Apr

1971

108

"102% 107%

M-N

1966

deb 2%s

106

94%

111%

96 Vi

99

95

94%

"81

1958

5s

cons

Virginian Ry 3s series B

Wabash RR Co—

83%
"77

108

—1983

Sunray Oil Corp 27/8s debs
Swift & Co 2%s debs

&

f 4s series B—

Cons s

95%

84%

"99'/a 101

A-O
J-J
J-J

1996

—

(N J)

104

92

—

J-J
J-J
J-J
J-J
A-O
A-O

ASpokane Internat 1st gold 4ViS—2013
Standard Oil of

92%

90%

High

96

90%

94%

"93

84%

78%

52

92

Low

100

99%

'

—

100% 101%

100%

Range Since
January 1

967/a

— —

80

—

Sold
•No.

V

74%

"94

—

Bonds

102%

66

1951

Memphis Div 1st gold 5s
St Louis Div 1st gold 4s
Southwestern Bell Tel 2%s debs

Ref

3%s debs

High

94

127%

99% 100%
68%

Friday's

?99

F-A
M-N

debentures

Universal Pictures

Co—

RR

2Vis series E
1986
2%s series F
1996
1st mtge 2 Vis series G
1961
Southern Ry 1st cons gold 5s
1994
Devel & gen 4s series A
__1956
Devel & gen 6s series A
1—1956
Devel & gen 6Vis series A
—1956

2Vis

103

debs,

Rubber 2%s

S

2%s

-

M-N
M-N
J-D

1969
1981
3%s ser A,1975

1st mtg

1st mtge

Standard Oil

Vandalia RR cons g 4s series A—.1955

93

127

%

or

Bid & Asked

A-O
M-N
A-O
MS

U

109

89 %

"127

67%

M-S

1st mtge

3 %s

1966
1976
1967
1959

Co—

4 Vis

Gold

98%

7

__

Week's Range

Sale Price

High

80 %

100% 100%

-

--

F-A
J-J
J-J

,__1987

Indiana

.

Low

1st

debentures

Southern

4

86

101% 101%

—

J-J

1985

debentures

Southern

Lotb

103%

*84

98%

1979

debentures

2Vis

January 1

Co—

Tel

&

Sold

Exchange

New York Stock

Last

Interest
Period

BONDS

Range Since

No.

High

^

Southern

26

United Biscuit 2%s debs

M-N
J-J
J-J
J-D
A-O
M-N

1st

Bonds

Ry—

Louis-Southwestern
2d

ENDED NOVEMBER

Friday

Friday's

Bid & Asked

Low
St

WEEK

Week's Range

Interest

BONDS

FOR

reorganized under Section 77 of

prices; no sales being transacted during

selling flat.

current week.

,

,

NEW YORK CURB EXCHANGE
WEEKLY
in

in the

footnote

a

In the

AND

following extensive list

we

furnish

a

RANGE

Week's

Friday
STOCKS—

Last

Motors

Acme

Wire

Adam
Aero

Co

1

Mfg

Air

Associates

Air

Investors

Convertible

Airlines

& Fishfcr

Allied

Products

$3.75

4.20%

pfd

___1

America

of

Goods

common

American Bantam
American
American
Class

4% %

500

5%

class A

B

Power

&

&

*

1

Laundry

American

Light & Trac common

Nov

5%

Nov

6%

1,800

102%

150

5%

_3%

6%

93/a

Apr

American

3% May

Oct

Jun

American

38

Apr

American

American

Feb

105

Jan

94

preferred*

For footnotes see page 33,




:

1,500

Jan

4% May

Nov

7

May

American

com—2
*
A
*
*

Republics

2%

100

2%

Nov

4

Oct

American

Seal-Kap

300

15 %

Nov

22%

Apr

Amer

$6
scries
preferred
American Thread 6%

17

17

12%

Nov

22

Jan

50%

50%

51%

4,700

50

Feb

69

Jun

98

May

26 Vi

25%

26%

1,100

22

—

18%

Shares

—

3%

10
2

common

Superpower Corp common

preferred

American Writing Paper common

10c
*
8
5

__

—

23
22%
21%
--

%
—
—

5

1

High

Low

3% May

1%

Feb

25

30%

Nov

40

50

34 %

Nov

43%

Jan

150

15%

Nov

21%

Jun

400

26

Nov

15%

400

2%
2%
30% 30%

34% 34%
15% 15%
x26
26%
xl8% 20%

32%

Jan

Jan

--

14%
3"%

14%
4%

11% 11%
41 Va 42%
23
23%
22% 23%
21% 21%
3%
3%
%
V

59%

61'A

5
5

5
5

5%

5%

700

5,100
100

Feb

22

Oct

30% July

5,500

__

__

Range Since January

High

33

Nov

14%

Nov

18

Jun

3

Feb

7

Jun

11% Nov

13

Oct

200

38

Mar

51

Jan

350

23

Nov

36

Jan

22%

Nov

36%

Jan

18% Mar

27 %

May

Oct

5%

Jun

5,700
2,100
100

33/a

800

1% May

% Mar

9,500

42%

72

Feb

Oct

Apr

5

Jan

Nov

9

Jan

5% Nov

8%

Jan

Feb

8%

Sep

.13% Sep

2,900

4%
5

5%

500

19%

Jun
Jan

'

7%
4578

46%

48

2,900

36

26% Nov

Mar

Nov

13

Jan

Anchor Post Products

2

—

Mar

56

Jun

Anger man Co Inc common

1

—

1%

1%

2,100

1%

Nov

1%

200

1%

Nov

2%

Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
Angostura-Wupperman
Apex-Elec Manufacturing Co

2% Aug

1%

1%

70

6%

17%

;___,100

B

Class

3%

17

1

10

Co

4%

*

com,,,,'

Meter

2%

89% Aug

x26

Potash & Chem class

3%

2%

25
20
25

1

Co

Metal Products new

American

Sep

79

—

for Week

Range
of Prices

Jun

8% May
Oct

Feb

Mfg Co common

Maracaibo

—

25
25

preferred

14%

87

99

100

common

Electric

Co,-,
Mach

Rubber

American
American

6% Aug

70

10

70

90

Nov

Jan
Jan

Appalachian Elec Pwr 4% %
Argus Inc

Light—

.u_

Gas

6%

6%

1

common
Co

Boob

Hard

Apr

3% Mar

Aug

7%

2%

10c
1

1

Nov

4% Mar

2%

•

Beverage
Cities

5

•

Car Co

$2,50

Oct

preferred
convertible preferred

convertible

1%

36

1

•

common

American Fork & Hoe
American

1,300

100

Mfg

Industries

36

$2

9%

100

1%

•

common

Co

Aluminum Ltd common

American

Jan

1

Investing Corp
(Mich)
common

cumulative preferred

Aluminum

31%

American General Corp common

5% Mar

100

Inc

Internat

Aluminum

3% May

Nov

50

common,.

Allied

Bros

3

Appliance
Southern

Power

Aluminum

Sep

2%

2

Great

Altofer

1%

900

10

Electric

Alles

200

2%

1

J)

common

Air-Way

Alaska

1%

5

preferred

Alabama

Alabama

1%

Sales

Week's

Low

Par

High

2%

1%

Last
Sale Price

Exchange

New York Curb

Range Since January 1
Low

Stores

(N

Friday

6%

common

Inc

Shares

26

STOCKS—

2%

1

-

for the week beginning on Saturday,
intended to include every security,

•

NOVEMBER

ENDED

Sales

High

1

Inc

Supply

Agnew
Ainsworth

WEEK

outside the regular weekly range are shown

the Curb Exchange itself, and is

for Week

10

common

Mfg
Surpass Shoe

FOR

1%

warrants

Alloys

Stores

Hat

of Prices
Low

Par

Aluminum

Range

Sale Price

New York Curb Exchange

Acme

the week, and when selling

complete record of the transactions on the New York Curb Exchange

ending the current Friday, Nov. 26.
It is compiled from daily reports of
whether stock or bond, in which any dealings have occurred during the current year.
Nov. 20, and

ACF-Brill

RECORD

YEARLY

delivery sales are disregarded in the week's range unless they are the only transactions of
week in which they occur. No account is taken of such sales in computing the range for the year.

and deferred

NOTICE—Cash

37

110%

6%

6%

700

18%

600

7% Jun

5% Mar

17%

-

16% Mar

36%

31%

110% 110%

5,800

31

550

107

Feb

Common class A

41% Nov
-

Sep

113*% May

]

-

preferred

--

3%

1

pfd

Arkansas Natural Gas common

19% May
v

*1

non-voting

10%

100
1

101 %

•
•

-19

4
5%
5%

10%

—

—

2,»

10%

101
4

5%
5%

—

700

-

—

3 /*

10%

102%
4

6
6%

10% 10%

800

2%

Oct

900

8%

Feb

220

98%

Jan

300

37/s

Nov

2,400

4% Feb

11,000

4% Feb

200

10% May

.

4

12%

Apr

108% May
6% May
8% May
>•8% May

10%

Jan

f

THE

(2250)

COMMERCIAL

NEW

YORK
RANGE

Friday
York

Curb

Week's

Last

STOCKS—
Htv

ef Prices

Par

Ashland Oil Si

Refining Co

Range Sine* January 1

High
113

150

112

9

1,400

9

Xl6%

17%

Low
Feb

Aug

6

*

Associated Tel Si Tel class A
Coast

1

Atlantic

Coast Line

%

•

Atlantic

Fisheries

Jun

Colonial Sand Si

Feb

23

Jun

Co

%

800

%

Fon

375

6%

Feb

1,000

19

2%

52

~4

Corp

Atlas

Plywood Corp
Products Inc

warrants

22

1

~7%

9

Avery (B P) Si Sons common
6% preferred
Ayrshire Collieries Corp com

24

4%

•

Automatic Voting Machine—

"4%

4

22

—1

,

Automatic Steel

11

4%

1%

3%
21%

Nov

200

4%

Apr

64%

Oct

7%

8

1,500

10%

11

500

6%

7% May
32

Feb

1

17%

17%

Vtc ext

to

4%

Consolidated

Baldwin

7%

15%

Feb

27

Consolidated Royalty Oil

59

36

.SO
common.

36

36

-1

8%

Banco de los Andes—
American shares
Barium
Barlow

Corp
Seelig Mfg—

300

6 %

1,500

10

10%
1%

1%

35%

36%

8%

8%

1

It

Jan

734

Jun

Feb

18

Jan

7% May
15 % May

Aug

Nov

7

May

1U%

600

27

Nov

17

1%

7%

Feb

3%

3%

100

1%

1%

1.100

1%

11%

117/8

12%

1,100

11 %

Feb
Mar

4%

600

3%

Jan

14%

14 %

100

13 %

Jan

Cosden Petroleum common

1

6%

7%

2,700

convertible preferred

50

$1

American

6%

6% Mar

2%

Feb

6%

Nov

4% May

1,000

24%

200

24

70

100

70

Oct

80%

16'A

18%

416

16%

Nov

30

Nov

11

•

15%

16

700

5%

6

600

13% Mar

5%

10% May
Jun

1634

16%

100

19% May
11% Mar
23%

A "8

Jan

14%

Apr

14'/»

19%

19%

19%

1

•

«■»«*»

lo

Jun
J

uiy

.

15% Mar

100

22% July

8

40'A

40%

1
•

%

A

Milner

Crowley

Si

10s

V

2%

1
1

150

2%

5

2%

5%

1,600

9%

1,400

21

Jan

12%

Feb

1%

1,000

8%

21

13%

Oct

21

1%
10

Sep

2%

Jan

20

100

11%

5

8%

2.50

100

21%

10%

11

—10

1%

21%

21%

23%

Sep

2%

Sep

4%

Sep
Feb

Jan

12

Nov

3?

Tobacco

May

5%

11%

10% July

100

4%

500

3%

—

6%

6%

7

2

2

2%

1% May
3% Jan
13%

Sep

Feb

11%

Apr

•

Oct

2%

18%

8%

•

Davenport Hosiery Mills

8 %

Nov

4% May

Jan
reu

20

Apg

J%

100

12% Feb

100

10%

10%

20
25

Aug

18

May

Apr

xl4% Mar

100

9

Feb

8

Feb

139%
1%

•

44

Oct

17% Aug
12% May
12%

Oct

•

page 33.




Nov

53

Jan

25

108%

Jan

110%

Jun

3

Nov

634

Jan

110

3%

1,300

41/4

1

1%

~6%

31

i>ov

Jan

30

74

74

15%

15%

4%
"

15%

73%

Oct

200

10

Sep

4%

Nov

)%

Jun

10 %

10%

1/128

1034

1/256

7

ft

35,700
485,100

7

9

225

61

62

20

Sep
Sep

7%

Jan

7*/a

Jan

38% May

8%

84

Jan

~7

Nov

19% May

Apr

90

Jun

8%

Feb

11%

Oct

3/64

Nov

1/64

5%

Nov

Sep

21%

Jun

54

Feb

86%

Jun

Sep

21

"7

*7

100

"334

~3%

800

3%

Feb

—2.50

1,000

7%

Feb

x7%

8

10

15%

15%

15%

150

57%

x57 %

57%

200

xl6% xl7

•

6%

6%

Sep
Juiy

10% July

8

10
4

5

10

334

6%

150
200

2.90

Davidson-Brothers

Day

Inc

8%
13

Jan
jan

14%

Nov

25%

Jan

54

Apr

70

Jan

15% Aug

18

Jan

5%

Jan

500

5%

Jan

1%

1%

1%

3,000

44%

134 Jun

27,300

%
31%

Feb

39%

9

Xl3%

13%

2,200

5%

xl3%

6%

10

15%
1%
—

20

—

35

•

10

15%

200

234

2%

500

1%

2

8%

8%

34%

37%

634

6%

100

5,300
300

2,950

Feb

11% Mar
9%
14

Jun

11

•
_

4%

4%

4%

100

3,400

Nov

17%

Jan

Jan

Oct

Dayton Rubber Co class A.
Dejay Stores common
Dennison Mfg class A common
debenture

8%

Feb

800

5%

Nov

6%

Aug

3

1,100

234

Sep

3%

Nov

Oct

35%

Aug

34

35

31

50c
8

32

70

8

5% Mar

11%

800

9% Aug

15 %

15%

2,300

8

130

ii%

8

com

Detroit Gasket Si Manufacturing
Detroit Gray Iron Foundry

1

10 %

1

Products

10%

10 %

x3%
24%

1,400

•

Apr

19

Oct

"7

x7

1

8

8

8

1

2%

2%

2%

_7%

Jan

Mar

11%
4 %

Oct

2834

Jun

14

Jun

9

18'A

11%

BOo

Sep

140

Nov

2% May
Feb

900

22%

—

8% July

12%

Nov

15%

100

x3

3%

10

Devoe & Raynolda class B
Diana Stores Corp common

30

100

10%

—

—100

—

new

37%

6

Aug

5%

Feb

1,400

Amer

dep rets ord

£1

reg

common

77A

11%

Sep

15

100

734

Oct

12%

,200

2%

Nov

3%

•

Jun

Draper

Corp__.

Duke

Power

Jun

x31

Feb

x62%

Nov

79 %

33

100

x31

Nov

40

Jun

Nov

83

May

72%
6 %

1

2%

•

13

1

•

2%

100

13

13%

25

4

4

13%

3134 May

300

£1

Duro Test Corp common

Feb

64%

•

common..

1634 May

_9%
X62%

10

Co

Jun

29

11%

—

•

Driver Harris Co

May
Jan

2134 Mar

Oct

2%

Nov

11% July

100

3%

Nov

13%

100

12%

Sep

East

Gas

b

Fuel

Assn common

800

May

8

Jan

2%

Nov

14

Jan

5% May
16%

Jun

series

Com

Sugar

4%

80'A

150

76

72 %

75 %

350

65 % Mar

83

49

58

~2%

1%

500

*

63

65

100

57

Feb

88

•

A

$6 preferred series B

Eastern

434

78%

51

56

375

51

Nov

81 % Mav

1

13

13

100

10% July

58%

58%

59 %

100

60

12%

11%

12%

3,800

11%

24,700

25

Eastern States Corp

preferred

4%
78%
73

•

Eastern Malleable Iron

$7

•

10$
100

4%% prior preferred
preferred

6%

Feb
Mar

Nov

2% Mar

$5 pfd shares of beneficial int

1

Easy Washing Machine class B

•

Electric Bond

1

&

Share

common

Electric Power & Light $7

Option warrants
Electrographic Corp

2d pfd A__*

'

10%

10%

1

Inc

1

134

6

common

135

5

6

1,100

11

11

11

300

4

3,700

3%

136%

3%

280

Feb

8%

3%

May

10

Oct

7

Juiy

Sep

2 % Mar

1%

1%

1%

2,100

1%

Feb

1

33 %

33%

3534

210

33%

Nov

Equipment

common-

convertible

preferred

Esquire Inc

—

Corp Ltd
Line common

1

10

11%

4%

-1

Eureka Pipe

4%

%

60

7%
12

400

300

5

92

Jan

11

21%

15

8%
15%

4%

Nov

u

Nov

20%

Sep

1,800

16

4
98

Feb

150

9%

1,100

23

Jun

14% May

Feb

6%

43,200

u

—

Oct

16%

11%

&

97

7

Aug

150.%

5
10c

Derrick

97

•

63 %

Feb

73A

97

14

Feb

1

Eureka

Jan

4% May

Feb

9%
126

100

$3

May
May

14% Ma/

Empire District Electric 5% pfd
Empire Mill work Corp

Equity Corp

7

88 % July

Associates—

shares of beneficial lnt

Electromaster

3%

Nov

Feb

Jail

Oct

234 July
45 %

Jun

8% May
33a

Jan

30% May

Palrchild Camera

b

Instrument—

1

15%

Fairchild Engine & Airplane
Fansteel Metallurgical
Fire Association (Phlla)

...1

4%

3%

21,000

3%

Jan

...•

9%

x9%

10

3,200

93/a

Nov

15 %

56%

58

270

46

Jan

61%

First York Corp common

.100

2

Jdn

30

Nov

$2

div

I10

preferred

cum

-

4%

—1

32

32

75

JE1

4

4

200

Jan

Feb

19

5c

(UE)

to $1

29

July

5% May
Apr

Oct

3% May

38%

Apr

Amer

18

Apr

Ford

Co—

Stores

14% Mar

dep rets ord reg.

Motor

of

Motor

Amer

Fort

of

1

Brewing Co

conv

200

Jan

23% Oct

Jan

U
10

10

16

35

Aug

34

Nov

2

Jan

10

1,500
100

7%

7%

934

850

7%

Nov

19

Jan

1

8%

8%

100

634

Sep

9

Nov

—50

2634

26%

250

25

Mar

32

Jun

8%

834

100

8

Nov

12%

Jan

Jun

.1.25
common.

preferred

(Geo A)

21%

5

(Peter) Brewing
Franklin Simon b Co Inc

4%%

21

U

Fox

Fuller

1634
18%

21*

France—

dep rets bearer

Pitt

5% May

Canada—

Class A non-voting..
Class B voting

Ford

3% Aug

Co

7%

Feb

Apr

10%

Sep

Jun

1%

Feb

1%

Feb

7% Mar
24

66%

14% May

Feb

Jan

4%
4

10%
51

Jun

Jan

8

Feb

Feb

15

3%

July

Feb

8

J'Jlv

7%

G

Jun

July

7%

—

13%

Ford Motor Co Ltd—

4034

2%

200

8

6

6

10c

Flshman

1

.

14

Jan

11% May

2%

1

common

Inc

Mines

14% May
5% Apr

10
1

13%

20% May
104 %

D

May
21% May

7% May
7% May

6%

6% Sep
4% Mar

50

Sep

July

15Vs

6

10

—1

Apr

16% Mar

Emsco

82%

100
100

Sep

3,200

100
5

*

600
—

Mfg Co
Claude Neon Inc common

Aluminum Products Co
Cockshutt Plow Co common
Colon Development ordinary

41%

4%
4%

Clarostat

Club

60

1%

•

Clayton Si Lambert Mfg
Clinchfleld Coal Corp common

42

434 Aug

100

ctfs

City Auto StampingCity & Suburban Homes
Clark Controller Co

Jan

10

•

Consolidated Mining

Cities Service common

Apr

6

3%

100

Chicago Rivet & Mach
:
Chicago & Southern Air Lines

10

110

3 %

1

ICentral States Elec 6%
preferred—100

common..

Sep
Oct

10

—

of America

57

8%
3

1

Central Si South West
Corp

Corp common—,.—
Cherry-Burrell common

Mar

800
500

2s 8d

Central Ohio Steel
Products
Central Power Si
Light 4% pfd

2% July

3

£1

Central Maine Power Co—
3.50% preferred

Charts

35

July

9%

41%

1

Co

Common

175

Feb

145

8%

•

common

Conv pfd opt dlv ser
1929
Century Electric Co common
Cessna Aircraft Co

44

1%

1,500

Jun

3

~9%

1

Catalin Corp of America

ser

1%

26

16%

8% May

Nov

16 %

18%

13% Mar

9

Aug

7%

22% May

2.50

150

9% May
Jun

Feb

Jun

6% Mar

900

—

1%

17%

5% Mar
5 %

100% Mar

Jan

Feb

2

1,200

•

Co

Jun

2,000

Duval Texas Sulphur

6%

•

Ltd—

35

18%

-

2.50
1

Duraloy (The) Co.
Durham Hosiery class B

18

1

dep rets A ord
Amer dep rets B ord
Carter (J W) Co common

29

17%

common

Oct

1%

100

Amer

28

Domestic Credit Corp class A
Dominion Bridge Co Ltd

7 %

Carr-Consolidated Biscuit

Apr

150

Dominion Textile Co Ltd common——•

—

Carnation Co common
Carolina Power &
Light $5 pfd

3

Jun

Oct
Oct/

•

Carman & Co

3% May

Nov

17%

20

Capital City Products
Carey Baxter & Kennedy Inc

NOV

1%

Mar

100

•

preferred
Canadian Marconi—

2%

700

62,100

j%

non-voting
Canadian Industries Ltd—

500

%

15

—

•

Class A voting
Class B

Jun

1

U

8

common

10%

•

1

Convertible
preferred
Canadian Industrial
Alcohol—

Feb

25

4%

18%

6%

2%

Dominion Steel St Coal class B

5

•

2,000

1%

Dominion Tar & Chem Co Ltd

1

Canada Bread Co Ltd
Canada Cement Co Ltd
common
6% %
preference
Canadian Canners Ltd

Jun

2%

Jun

1

Insurance—

Jun

1%

13%

lii*/4

£1

California Electric Power
Callite Tungsten
Corp
Camden Fire

53'A

Nov

2%

13

BOo

Feb

%

13%

24%

11%

Jan

37%

3,300

•

*
—10
9
100

Mar

%
1%

4%

3,100

1

25c

partic

Dunlop Rubber Co Ltd—
Amer dep rets ord reg
Cable Electric
Products common
Cables & WirelessAmerican dep rets 5%
pfd
Calamba Sugar Estate
Calif Cotton Mills Co.

42%

400

Mar

800

56% May

Oct

1,000

16

2

Mar

4%

5%

10

y*

Feb

46

8

900

1%

25o

10O

May
15% May
93s Jun

5%

1,500

n

Apr

6

5%

21%

1%

"% May
11%

7%

11%

1
—

12%c

17% May

% May

5%

Curtis Lighting Inc common
Curtis Mfg Co (Mo)

Dobeckmun Co

7

'/e

Oct
Jan

7%

20%

20%

2%

5%

11%

2.80

Jan

Jan

Distillers Co Ltd—

4% Nov

•

Cuban

27% May
5% July

21

100

*

2%

15%
40

5%

Jun

Apr

Nov

9

Co common
Crystal Oil Refining common
$6 preferred
Cuban Atlantic Sugar common
5% preferred

Detroit Steel

1%

•

Oct

8'A

25

Aug

5% July

1

Co

Petrol

Cent

Derby Oil Co

8%

~9

£1

11% Aug
49

112%

Aug

Feb

9%

17

Jan

Jun

50

Nov

22

50

Croft

Jan

1534

1

Nov

6%
49

May

7%

16%

7%

24
70

70

114% May

3

14%

Creole Petroleum

Jan

50

Feb

Jun

107

Nov

8%

(ord reg)—£1

dep receipts

Crown Drug

6,400

1%

Oct

834

Courtaulds Ltd—

Sep

£1

Butler (P H) common

4

Sep

9% May
14% Aug

*

Burry Biscuit Corp

4'A

•

ft May
30

Nov

30

1
*

Reynolds common
preferred class A

5% May

2% Mar

Nov

Jan

18

3 %

•

Line
Bunker Hill St Sullivan
Burd Piston
Ring Co
Burma Corp Amer
dep rets

see

Jan
Feb

72'A

8%

35

•

Buckeye Pipe

For footnotes

8%
z21 %

900

10%

Sep

11%

•

(E L) Co common
Bruck Mills Ltd class
B

Chief

400

1.500

1,700

400

28'A

Nov

2%

29

Bruce

Toting trust

934

2134

4,000

Apr

634

11%

•

Chesebrough Mfg

9%

104% 107 %

I6

Jan

13%

2%

•

Class B

Chamberlin Co

Sep
Nov

8%

Nov

100

—

7% preferred
Conv pfd opt div

Nov

95%

11%

(Md)
Crown Cork Internat'l "A"

100

11 %

100

Co—

Brown Forman
Distillers
4% cum Junior
pfd
Brown Rubber Co
common

1

58 %

107

ft

Crown

14%

«■—

British Columbia Power
class A

w

140
100

Oct
Oct

39

Feb

8%

19

•

reg

Rights

2,500

96

6%

10'A

Apr
Oct

•

Tobacco—
Amer dep rets ord
bearer
Amer dep rets ord
reg
British Celanese Ltd—
Amer dep rets ord

&

61

200

834

Jan

3%

x7

1

British American

(AM)

58%

7%

A Jan
25% Mar

10%

39

1434

•

pfd

Nov

•

Products

237,300

21%

1

Brewing Co
Crosley Motors Inc

Jan

35%

80

S

Class A

Castle

ft

*

Ooro

x7

com.*

Bridgeport Gas Light Co
Bridgeport Oil Co
Brlllo Mfg Co common

Casco

Nov

Inc.

Sep
Jan

21

8

27

Borne, Bcrymser Co
Bourjois Inc
Brazilian Traction Light Si
Power
Breeze Corp common

'

33/4

800

14

Nov

300

11%

•

Blue Ridge Corp common
Blumenthal (S) Si Co common
Bohack (HC) Co common

Carreras

1,100

2%

66%

Jan

5%

850

common

!

3%

2%

Jan

15

100

35%

-1

Oil

Feb

~2%

Nov <

Sep

10

10%

Blrdsboro Steel Fdry Si Mach Co

British-American

29%

95%

1

Cooper Brewing Co common
Copper Range Co
Cornucopia Gold Mines

4% Mar

125

.25

common

Blckford's Inc common

cum

%

1
*
5o

66%

5

& Hedges common—
Convertible preferred

prior

17%

10

Benson

8 %#

9,200

common

Canada

7%

•

Varnish Co

Feb

5%

Benrus Watch Co Inc

Blauner's

8

5 %

common.

of

34

16%

(A S) Shoe Corp
Bellanca Aircraft common
Tel

150
200

5%

5%

Beck
Bell

45

4%

$1.20 convertible A common
Basic Refractories Inc
Baumann (L) Si Co

Beau-Brummel Ties

8%

1,600

10%

Steel
Si

Feb

Corroon Si

57%

Locomotive—
Co

334

300

107% 108%

9%

Car-Na-Var Corp
Si

61

95%

104%

Fdy Si Machine Co

Cook Paint

57%

preferred
Rubber

5,100

7%

108%

1

Liquidating Corp
Mining & Smelt Ltd

Consolidated

Continental

7%

"
9
10

Utilities

Gas

Consol

Continental

Baldwin

Feb

4%
33

—

-100
100

series B preferred—-,
preferred series C

4%%

9% Apr
16% July
July

B
Babcock & Wilcox Co

7%

it

•

Consol G E L P Bait common

Apr

Jun

Nov

'

1

1956

26

300"

May

4%

29

Community Public Service
Compo Shoe Machinery—

Feb

10% Mar

9 %

3,000

4

4

Inc

24%

29

Nov

%

33A

May

6%

5

4

1
Commonwealth Si Southern warrants—
Hotel

High

2,200

29

Commodore

LOW

53 a

32%

Jun

Feb

800

Jan
Nov

4%

Mar

12,100

Jan

20

2a/« Mar

50

Atlas

8%

Aug

Rang* Since January 1

Hich

4%

4'A

Colorado Fuel Si Iron warrants

Stone Co

Shares

5

5%

1

14

3%

17

2%

IrOtO

1

Airlines

Colt's Manufacturing Co

£1

Sales
for Week

Range
•f Prices

pat

Colonial

Nov

12%

3,400

Kxohmugo

York Curb

Rew

High
115%

Associated Electric Industries—
American dep rets reg
Assented Laundries of America

Week's

Last

tale Price

STOCKS—

9

16%

NOVEMBER Z6

Friday

Share*

Low

—1

Monday, November 29, 1948

EXCHANGE

CURB

WEEK ENDED

FOR

CHRONICLE

for Week

113

Arkansas Power Si Light $7 pfd——-•
Aro Equipment Corp
—a
*-50

FINANCIAL

Salea

Range

gale Priee

Exchsags

&

Jan

Garrett Corp

*

common

Gatlneau Power Co

5% preferred
Gellman Mfg Co common
General Alloys Co—

10%

11

900

100

Feb

153a

13SA

Nov

17% July

84

10%

•

common

Feb

9

1

L

6

6%

800

6

Nov

•

1%

1%

100

1%

Nov

(2251)

COMMERCIAL & FINANCIAL CHRONICLE

THE

Number 4755

Volume 168

(

RANGE FOR WEEK

• i

ENDED NOVEMBER 20

Last

Weak'e Raage

Sale Prleo

ofPrleee

Friday

Sale Pries

i'

,v

3 3/4

com—1
25

Supply Corp
preferred
General Electric Co Ltd—
Am*; dep rets ord reg

General Builders

%%

conv

General

Oeeegl*
It

preferred-

Gilbert

(AC)

Gilchrist

common

Co

Glen

Distilleries

Inc

Nov.
Jan

9

Apr

361/2

800

Feb

40

Nov

4%

600

-

33 a

160

150

95

<Adolf) Inc common
Sugars class A

Class

B

900

18

200

Goodman

Mfg Co

Gorham

Mfg

13%

11

conv

Varnish

Non-voting
1

1%

stock

common

■

-

23%
12

Jan

29

Apr

.35

183/4

Jan

Nov

21%

Jan

15%

Jun

1,200
25

25% Aug

3%

2% Nov

Jan

503/4

Jan

Feb

28 V*

Jan

7%

Jan

6%

91

Oct

%

NOV

% May
51% May

"e

200

x58%

63%

250

50

Mar

11%

11%

100

11

Nov

7%

7%

100

7%

7%

2,400

~5%
X58

V4

7%

10.9

138

200

98%

150

13%

13%

25

8

*

•

Mar

May

97

Nov
Nov

6 %

Hammermill Paper new com.™——15
25
Xfaruurd Electric

Rayon

Harvard

Co

Brewing

1

Hazeltlne Corp
Beam Dept Stores

Rubinstein

Helena

—

8%

9

11

«<tf

&

Hurd

Lock

&

42 3/4

&

—

Nov

75

7%

Apr

85%

Jan

11%

Nov

4% May

148

Jan
Jun

Mid vale

34%

Jun

Mid-West

88

Jun

Nov

43/8 May

International Hydro-Electric—
Preferred $3.50 series

19

Sep

7%

Jan

42 %

Jan

Nov
Feb

300

19%

-

16

Feb

3% May

Jan

25

9

Nov

16% Jan

Nov

8% Feb

8,000

11% Mar

17%

16%

16%

400

11% Mar

IP/4

113/4

300

17% Oct
12% July

International Petroleum coupon

.

11%

>7

49%

11%

Oct
July

850

92%

Feb

11

Nov

Oct

10%

11

11

900

12;

~1

"l
11%

59

•15%

~4%

4"

Oct

1
1
Jim Brown Stores common——1
Preference
•
Julian

&

5%

Kokenge

Co

——•

.

9% Mar

Nov

1%

Feb

2% May

15%

15%

Nov

20% May

800

3%

Nov

78

200

%

Nov

t

conv

7%
1%

Apr
Apr

93/4

Jan

-I

Kansas Gas & Electric 7%

Kennedy's

pfd

Co

8
•

Inc

Key Co common
Kldde {Walter)

I

& Co

Kimberly-Clark Corp—
4%% preferred
Kings County Lighting 7% pfd
5%
preferred D
King Seeley Corp—
Kingston Products
Kirby Petroleum
Klrkland Lake G M Co Ltd
Klein {D Emil)
Klelnert

(IB)

Montgomery Ward & Co class
Moody Investors partic pfd
Morris Plan Corp of America
Mountain Producers —

Inc

Namm'8

common

Bellas Hess common
National Breweries common

National

Stores

Fabrics
Cooker common

Bf% Jan

National Radiator Co

National Union Radio

For footnotes see

page




6%

33.

15%
126

Jan

9%

Nov

0

Jan
Nov

New

Apr

Clock & Watch Co
convertible preferred
Jersey Zinc
———
Mexico & Arizona Land—
Park Mining Co
J

Mar

New

Jan

New

12% May

45%

Feb

107% Nov

37%

Jan

17%

200

23/4

23%

x3

600

2%

2,300

xl-1'%

Nov

l,?oo

1

Nov

100

20%

7%
13

13

21

" 7%
13

1,050
600
300

Haven

Y

N

Y

10

Feb

32%

Oct

9% Jan

Apr

15,900

12

Apr

7%

Feb
Oct

15 Va

NOV

5%

9,800

6%

'
3%

250

19%

500

19

100

^2%

"2%

3,700
400

7%

50

9%

2,000

10% July

6% Nov

13% Jan
Apr

Oct

28

18

Nov

25% Apr
May
5

3% Aug

Feb

18

Apr

24

Feb

22% July

Mar

2

Jun
0% May

Jan

7

Jan

30%

5

May

35

10% Sep

Mar

Mar

104

Jan

233/4 Mar

100

5

96

9

27

Jan

8 3/4

Oct

Feb

6 Va

Jun

Nov

96%

Jun

7%

7%

8%

1,600

6% Mar

3

3

3 %

6,200

2%

88

1
1

88%

50

87

96% Aug

100
100
1

Feb

3y8 May

2%

2%

172

300
100

162

75

30

'

32

33

3%
13 %
31%

3%
13%

13%

103% Jun

174%

~2%

2%.

31%

400

1,000
50

Aug
Nov

Feb
12% Feb
33/8

Jan

26%

97% Mar

24%

24%

10%

400

11%

11%

1,100

Sep

July

178 a/4

Jun

40 Va

Jun

4% May

17% Apr
34% Nov
115

July

27

Aug

33% May
13%

Jan

10

Nov

10%

Oct

14 Va May

200

9

9

23
25

100

10

8

Nov

11% Aug

100

11

Sep

15% Jan

'4%

NOV

5%

1st preferred

5%

2d

Mar

Apr

Feb

24%
•

Jun

9% May
■»«rv4

jan

Class

B

Nineteen

Hundred Corp class

B

2Va Mar
29 V8 Mar

37% Oct

35%

175

33%

10%

4,100

103/S

Feb
Nov

37% Jun

10%

11

Nov

16% July

12

Oct

10%

Nov

-

4% July

360

100

11%

IIV2

"

12 % Jan
16

May

•

1
2

1

5

5

17%

Feb

10%

11%

2,100

8V2

11%

•

Niles-Bement-Pond

3,900

32 %

35%

optional warrants—

Corp class B com

3%

31%

8%

200

7% Mar

8%

400

8

Nov

11%

Feb

18%

400

15

Mar

22%

Jun

3

Nov

2

Nov
Jan

8

8

18%

18%

3%

3%

3%

1,200

2'/2

23/8

2%

4,400

9%

100

15%

400

13%

Feb

5%
81

9%

8%

14%

9%

6%

800

4 '/a

Feb

82%

300

79 %

2V2

300

2%

81

2V2

7%

6%
67

8%

7%

8Va

6,600

xl%

xl%

200

28

250

1,400

68

59 Va
6

10% May

4% May

3%

Jun

13% A0r
17% Aug

1%

Oct

Nov

96

May

Nov

6

Jan

6% Nov

650

67%

Jan
Feb

1% Nov

12V8 July
72% July

10% May
2 Va Jun
88

July

75

27%

273/4

—

Feb

9

Mar

27

Feb

32

Nov

15

May
Feb

19

May

11

10%

Jan

--

—
—

16%
6%

16%

200

6 %

7 Va

900

98

97%

97%
%

1*6

9%
8%

14%

26,700

97%

100
100

preferred

Niagara Share

9,500

3

IOV2

——1

—

Hudson Power common

Niagara

14

.Tun

Founders shares

Jun

16

Apr

Honduras Rosario
Merchandise
Shipbuilding Corp—

&

Nov

7

7

5%

3 %

-1
1
*
*
10
10

common-

12%

12%
6 V2

—25

common

Co

Jan

Nov

6%

Auction

1

20%

Nov

13

Y

N
N

43/4 May

Nov

Process Co

Y

Oct

10 %

20%

N

Jun

19%

12% Mar

123/4

10%

New

48% Sep

60

*

41

10%

Sep

8%

33%

•
100
—1
—20

4%%

New

16%

103/4

Nov

Feb

7%

6

England Tel & Tel

17

Oct

100

1

2%, May

53/4

33%

5

Corp

(Herman)

New

13%

125

12%

2%

-4
10
•
1
30o

—

Machinery
Ltd

National Rubber

17% May

41

1
1
"

,

Feb
Aug

6%

—.—i0

griww WruwlTW Ori

8%

10%

.

Jun

10% May

Nov

13%

•
1

Gas———

Fuel

National Transit common

6%

1

Jun

8 Va

7,400

7%

3%

25

preferred

7%

Jun

Apr

10%

11

6% May
50

N

6%

4% Sep
20%

16 3%

11%

Feb

19

19%

10
1
1
•

Nachman Corp

National Steel Car

10

28

100

6

*
2.60
—10
lOo

common

Company

Muter

Jun

*

Jun
July

73/8 Jun

6%

400

18

18

lOo
10
•
100
1

States Tel & Tel
Vernon-Woodberry Mills
Murray Ohio Mfg Co
Muskegon Piston Ring common
Muskogee Co common

8% Aug

200

10 3/4

111

6 Va

400

11%

•
•

A

Mt

9%

14%

12

*

Mountain

Feb

993/4

-1

•

Co common
Rubber Co

Knott Corp common
Kobacker

100
B—100
100
1
1
1

6%
—

14%

Jan

3% Mar

1

-60

Molybdenum Corp—
Monogram Pictures common
Monongahela Power Co—
4.40%
cum pfd—
•4.80% cum pfd series B
Monroe Loan Society com class A

Feb

11% Mar
14 %

Feb
Jan

7% Mar

8

6%

3A

6

*

Canada—-Power & Light 5% pfd_.

4%

12,100

Feb

300

1,500

50e

43/4

8%

Feb

5%

7
„

28

28

1

6 %

Neptune Meter common
Nestle Le Mur Co class A
8%

6%

5

common.

100

122%

8%

'nov

3 Va

300

1%

1%

_50c

500

100
•

25%

Jan

23

5%

K

Kawneer

Sep

1

Missouri Public Service common—

Nelson

Kaiser-Frazer Corp

1%

7%

pfd

Nov

25

Nov

15 Va

5

3%

100

c

—

300

4%

Apr

30% Aug

x9%

2,000

8

6%

LlO
1

4

21%

Jan

July

12% Mar

800

6%

8

2% May
13 Va

100

4%

2

42
44 %

500

4%

%

6

•

•

Mining Corp of
Minnesota

May

8

July

3%

10

Co

Nov

Oct

6% May

1,100

2

4%

1

Jan

17

1,800

21%

21%

36 Va

43

13% Jun

Nov
Mar

1%

■5

5

22% Mar

25

9%
16%

x9%
16%
1%

2.10

_s-

National Pressure

Sulphur Co

1% Mar

500

37

4%

1

1

_j

Nov

1,200

1%
37%

1 %

Nov

May

20%

-11

National Mfg & Stores common

Jefferson Lake

3

.2$e

convertible preferred

4%%

National

Jeannette Glass Co common

13 % Mar

5 Va

Corp—.

National Mallinson

3%

1,200

Apr

3 Va

13

Jun

1,100

s/„
"a

18%

Feb

393/4 Sep

Apr

14

4%

1%

1%

Feb

15

24

300

12

Oct

Sep

10%
lv

110%

9% Mar

17,700

10%

10%

10
International Safety Razor B
•
International Utilities common-—_—5
Investors Royalty
—
1
Iron Fireman Mfg voting trust ctfs—•
Irving Air Chute
—
1
Italian Superpower Corp com cl A
•

Mar

96

Nov

49

x22%

International Products—,

133/4 Jan

9 Va Mar

300

50

49

:

88

300

;

104% 105%

17%

Nov

834

400

108

Mountain States Power common
8

•

shares

Jan

9%

190

90

90 '

9%

.100

Co

Miller Wohl

16%

—50
•
shs„•

Nov

29

Supply commonllh
Refineries-,

Mid-West

Jun

16%

105

Apr

May

9%

Abrasive
Oil

Midwest

Jan

15%

90

21

6%

Midwest Piping &

7%

44

15%

—£1
Indianapolis Pwr & Light 4% pfd—100
Insurance Co of North America
—10
International Cigar Machinery
•

Jun

28

80

28

26

9%

common

Apr

22%

—

International Metal Industries A

Co

4

41% Mar

3%

Imperial Oil (Canada) coupon
*
Registered
—*
Imperial Tobacco of Canada—..
5
Imperial Tobacco of Great Britain

16%

37

dividend shares

$2 non-cum

35%

2%

—£1

173/4 Mar

Feb

Steel Products—

110%

,

dep rets registered—

Sep

12

Middle West Corp—

Jan

125

23

23

19,

11

200

"""V

Class B v t c—

3%

25

Feb

700

13 %

34

Middle States Petroleum class A v

Sep

Feb

112

11%

1%

Corp
Steel Tube
Michigan 8ugar Co common
6% preferred

30%

950

common

Nov

x65

Apr
Nov

13%

16%

Midland Oil Corp $1

1

-111b

12%

15

110

lio

Michigan

2%

—1

—

600

18%

Bumper

Michigan

Apr

Midland

375

Aug

5,100

133/B

2%

Participating preferred

Jan

41%

9

20%

34

—.

Apr

;5%

18 Va

19 Vb

26

Co

Iron

Jan

5%

Feb

Jun
Jan
Jun

13%

Metal Textile Corp common

.A4V*

41%

Sep

23%

—

Nov

ImpwRil Chemical Industries—

Registered

Mesabl

11% May

19% May

r

Oct

66

13%

preferred

A

Ex-distribution

Ills

73

Apr

1,100

-10

Distribution-on

,3,400

Mar

44

& Scott Corp—

Chapman

Oct

74

49

11%

Warrants

6%%

32%

—

—

Jan

20%

72%

—
—

* Ireland—

Merrltt

9% Aug

Feb

•

Amer

7% May

I6V2

105 Vt

72%

% Mar

300

65

Co

Mfg

98%

Sep

Jan

2,800

1

Iff

72%

64%

2

Mar

—5

Co.

Hydro-Electric Securities
Hygrade Food" Products

Ulinfti^lnc Co

Menasco

Feb

16%

Aug

24% Jun
26% J»n
24% May
10
July

7% Mar

700

19%

Co

&

3

550

4,200

65

Dredging

Johnson

Mead

24

31%

30%

21%
9 3/4

9%

common

50
25

22

20 %

1

(A G) & Co class B

McWtlliams

2% May

73/8 July

.100

*

Inc common—
Refining—;
—

preferred—

Corp

500

17'

Feb

50

,%

#2.50 preferred
McKee

Aug

139

30%

Huyler's common
1st conv

Jan

43/8 July

McCord

3%

17

17

18

23%

93/4

commont.

3,300

30

30

26

71%

Co

Mfg

9%

3%

1

II

Apr
Feb
Feb

22%

Jan

42%

Sep

50

1

Shovel

Power

50

& Co commonBaking Co

Mfg

563/4

Apr

Jun

May

July

26

20%

(The B) Co_

42%

9.

9%

—5

stock warrants

Common

Nov

11%

Sep

Oct
Jan

23%

Mangel Stores common

303/4 Aug

-_10

Refrigerator $2.25 pfd—

Hussman

Oct

8%

Sep

5%

15 3/8

May

30

B3/*

Micromatic Hone
—

preferred

9% May
19

Nov

68

7-

*

Oct

Aug

11

26

Mapes Consolidated Mfg Co—
Marconi International Marine
Communication Co Ltd

Apr

12

10

15Va Mar

24

M

Sep

14% July

8V2

'• '

30

72

72

Hardart common

Oil

'■'*.**
*

.

25

25

pfd—

Power & Light $6

9"%
105

'13% Nov

11% May

91

1

Hubbell; (Harvey)
Humble

•7

•

■■

—100

1,000

Jan

Apr
Nov

7%

—

Manischewitz

Feb

9%
X-

700

14%

II

Jan

Nov

10

2

—

Inc—
(Geo A)

600

—r-'l

Nov

73/4

2,000
•

—100

& Co class A

Horn It Hardart

5

1,900

8%

Nov

6% Feb
10% Nov

1,200

12%

,

;

——

IV2

800

5% '

5

common

Holllnger Consolidated G M

Horn

200

73/4

Holly Stores Inc
Holophane Co commonHormel

1%

12%

A

Border's

IV2

7%

preferred w w
preferred w w

(R)

Nov

,12%

Henry Holt & Co common—.
Hoe

Nov

2%

•

#% %
1%

48%

—IlllS

Heller Co common

*

17

10
200

10%

•

Class

2,000
;

2%

25c

common.

Co—

Etecla Mining

19

8%
;

Feb

49%

5

*

Sep

2%

10 %

1

HatbaWay Bakeries Inc

53/B

49%

1%

America B non- vot com—1

Hat Corp of

53/4

250

Nov

2%

-

400

7%

17
•..

—1

^

common—

6%

7%

-

Hartford

21%

13 %

McClanahan Oil Co common

!
•

20%

13%

Chain-

comnfflpi
5% convertible preferred

'

•

On T.td

21%

Macklntosh-Hemphill Co__
Maine Public Service Co

Marlon

5

Co

'10%

—•

44%

H
Hrldee

10%

Jan

%
10%

5,700
3,300

•

preferred A ctfs of dep
preferred B ctfs of dep

McAleer

W«rn11*On

iff

11 %

14% May

140

13%

%

1%

Jan

Jun

Nov

rftr

preferred—II

Inc

Massey Harris

Hall Lamp

May

93/4

10

8% Nov

1,400

93/4

10% July

Apr

36 %
8

8%

97%

Grocery Stores Products common—25c
Gulf States Utilities $4.40 pfd—100

I

Feb

6

J
—1
H
1
A
•

Oct

Oct

18 %

120

133

100

May

Lynch Corp

Feb

20

-

28

9%

20

Louisiana

65%

.

Mar

i

91

37%

37%

Feb

Louisiana Land & Exploration

9% Jan

Sep

6% Mar

425

113%

138

109

5%

7

18%

1
§

Longtnes-Wlttnauer Watch Co
Long Island Lighting CoCommon ctfs of dep

52% Nov

1%

10% May

Lone Star Gas Co. (Texas)

Nov

3,900

Nov

common

Locke Steel

80%

10

3,8

%'

i

Jan

6%

Class B

39 3/4

80%

80%

1/2

-

6%

1,100

Groceterias class A

Loblaw

Oct

12% Aug

2%

1,000

6%

Lit Brothers common

103A

3934

8%

6%

Jun

,

35%
<

Corp

Llpton (Thos J)

Jun

Feb

1,300

2%

—25

Gypsum Lime & Alabastlne

Lionel

2,400
300

73/4

Inc

(RG)

Feb

77/a

Material Co

Line

Feb

5% Sep

22%

-*
100

,

preferred

1st

Great Northern Paper

-

Jan

21%* Feb

.39%

5

Gray Mfg Co
Great Atlantic & Pacific Tsa—

llOMi
i

2,500

13%

2%

—10
pfd—25
1

common

Grand Rapids

xn

-

12

x22%

13%

*

Graham-Paige Motors S%

Jun

2438

x22%

50

class A

Gorham Inc

-Iter.,";,*

25%

2414

25

1

-

-dan

Le

16

,

———-—*

#4,54 prior preferred

Goldfield Consolidated Mines—

Apr

Tourneau

Nov

—1

Lefoourt

11

1
—*
*

;

Mar

100

2% Mar

-3%

33,i
18

•

Gobel

Godchaux

x9

Feb

iw

<

6%
11 Va

Nov

8%

8Va

Realty common
Leonard OH Development

;

400
2,500

8'/a

University——

La Salle Extension

53/8
8%

1

Lakey Foundry fc Machine
Lamson Corp of Delaware
Lanston Monotype Machine

-

5%

1

Nov

2%

1,800

100

.

100%, Apr
5% Jan

Feb-

3%

xl05%

;—__—2.50
——•
class B——— i
9

Coal

Alden

Gtenmore

Globe-Union

5%

73/4

1121/2 114

114

Corp

Gleaner Harvester

Jan

700

100

25

Gladding McBean & Co

8

.

17 % May

Sep
5% Nov

13

Company

L'Aiglon Apparel Inc
Lake snore Mines Ltd

9% May

2,600

3

3 %

1
*
*

Gold Mines,

Giant Yellowknlfe

Oct

96 3/4. Nov

—•

—

Oct

7%

~4

4%

High

Low

' • 5% Jun
..-.27%Jun.

3% Nov

6

33 %

34

•
100
1
Plywood Corp common
50c
Public Service $6 preferred—*
Power $6 preferred—
.*

Range Since January 1

Share*

High

223/4

27

fer Week

High

Low

7 3,4

10

•

Curb Kxehange

Yerk

New

5%

5%

General Phoenix Corp
•General

•

Laelede-Obrlsty

pfd

6%

Adv

Outdoor

200

33/4

<

.

Low

7%

1

A% preferred series A
—
General Fireproofing common.—

•

Range Staeedaaaaiy l

.

High

3%

.

•••■•

,

£1

•General Finance Corp common

•General

Shares

Low

Par

-

fer Week

of Frleer

.

STOCKS—

-

Range

Last

Curb Bxebanre

York

New

Sales*

Week's

Friday
STOCKS—

31

4*

EXCHANGE

CURB

YORK

NEW

1 '•

^,,kSv

'

_

10

105

X92%

Apr

117

Jun
Jun
Jan

%

Jun

1

May

8%

Jan

1,100

9%

9%

700

8%

9%

2,700

22%

300

Nov

8% Nov
"I

23

Feb
Feb

6%
92

0

Uoh

10 %

11% July

123/4 May
23% NOV

(2252)

THE

COMMERCIAL

NEW

YORK
RANGE

WMk'i

Friday
stocks—

Last

York

Curb

0*1* Pries

Exchange

»f Frioe#

Par

Nlplssing

Mines

North Amcr

North

Rayon class

North1 Central

Securities

41
43

400

8

8%
48'/a

33

2 Vs

600

2 '/4

89

Northern Indiana Pub Serv 5% pld_100
Northern States Power (Minn) wd
•

Northrop Aircraft Inc
Novadel-Ageae Corp

16 %

1,500

2 Va

50

101%

89

8

8%

-

101/4

117/B

163/4

15%

16%

700

Steel

Corp

Ohio

Co

Power

Oklahoma
Old

common

Brass

60s

class

Segal Lock A Hardware
Selby Shoe Co

3% Mar

Selected

97 Va

Feb

7

Nov

22%

Jan

Semler

Sentinel

4'/a%

15

Distillery—:

Lighting

$5

Page-Hersey Tubes

Motors

Parker

t

v

Patican

Co

common—

Feb
Jan

32% July
106% Jua
97

July
17% Sep
25% July

Mar
Feb

Oct

34

Va

37,800

2%

Sep

10%

15,800

9%

Nov

18%

14% Aug

300

Mar

19% Sep
31
May
24% May

4

17%

19%

11

1,350

4%

Oct

17%

Nov

16

Nov
Fab

113

3

3

3%

NOV

4

41

42%

200

42

NOV

21%

22%

250

21%

Nov

7

7 -

7%

6,900

5% Mar

3

3%

1,520

3

Nov

1%

Nov

100

101% 103%
5

40%

3%

3%

20

52%

50o

52%

4%

4%

7%

6%

•

3,800

Ar

2

100

22

~2

2%
'

—

2%

2,000

xlO%

<•

11%

1,300

Lambert Co

520

58'%

Feb

75%

Oct

18

900

8%

Jan

21%

Oct

4%

4%

200

1

—1

4% Mar
12% Oct

r'

9

10

18% Jun

13%

13%

Nov

15

Apr
May

9% Mar

25

Jan

9

1,400

100

15

Oct

87
37

6%

38%

39%

Jan

97%
44 Va

May

Feb

8%

9%

Feb

Apr
May

1 %

200

Feb

6%

39%

10%

1

10%

Jan

200

1%

5,600

1%

•

9

9 ;

<

100

10-'

9%

of

200

100

91%

*—♦

95%

95%

•

21%

22%

5

Manufacturing

Jan

5

3%

9

•

common

Feb

69%

2,50

com

Jan

41

17

•

preferred
;
Puget Sound Pulp & Timber

13%

65

1

prior

Nov

July

2.50

Colorado—
4%% cumulative
preferred—.;
Puget Sound Power A
Light— -

Oct

Mar

4

12%

91%

90%

Oct

Jun

11

May

10%

Nov'

18 %

'25

?90

Oct

'*"'99%'

Jun

Jan

99'

Nov

30

Jan

24% Jan
43A May
27% Jun

20 Va

Quaker
8%

Oats

common

•

preferred

86

100

88

210

143 Va 143%

*

14

79

80

Jan

Vot-ag common
Railway A Utility Investment

Manufacturing

Reading Tube Corp class
Roller
Shoe

—1

1

Co_.

*.

t

9

common

dep rets for ord reg
Corp common

Rome Cable

Field

Rotary Electric

Inc
Steel

Jun

July
15% AUg

1

100
•

Co

700

3A
25 %

34%
54

5Va

~33A

6'A
5%
21

3%

200
.

2%
2
86 Va

86

Nov

27

Va

6,700

Jun

55

Mar

5%

700

Nov

5%, Oct-'

100

19% Mar

800

3%

Nov

300

24% Mar

86 Va

1% May
31
Jan
37

Jun

18

27

Jun

30 % Mar

500

2

3% May
20 Va

52

30

250

23A

'

Feb

1%

2

27

•"

27

2%

,

Nov
1

18%

26 Va

x

1,400

1%

2%

2,900

1%

9%
5%

"3

3

3 Va

900

3%

3%

3%

1,000

%

Va

%

500

5

8%

1

Southwest

6%

Pa

cum

4.56 %

conv

4.48 %
4.32

15% May

Nov

16

Feb

13%

13%

4
May
22% 'Oct

200

12% Feb

55 %

56

55%

Xl2%

xl2

Va

Sep

3 Va

26%

Jan

32

4'A

4%

1
•

7%

7%

Oct

5%

Nov

93

Mar

37%

20

20

100

Nov

20

Nov

230

80

224

Nov

270

May

3

July

4

Jan

91

91

20

88

Sep

94

25 Va

Apr

29 Va

8 Va

Feb

14 Va Mar
5
July

91

9

_9%

83A

l'/a

1 Va

1%

1,900

3

3

3%

1,700

8

8%

900

7 %

Feb

3

3'A

500

3

Nov

3

40%

40 Va

40 7a

1,400

18

18

20 %

20

27%

27

Ltd

new

common—1

Salt Dome Oil Co
Bamson United.

1

Corp common
Savoy Oil Inc (Del)
Sayre A Fisher Brick Co
Schulte

(D

A)

Inc

49

common

For lootnotes see
page 33.




1-

25c
1

1

7%

27%

2,300

26

27%

3,300

26 Va

26%

500

25

500

227/a May
4% Jan

25

27%

27

26%

26%

25

24%

24

24%

•

■

1

6%

6%

6

5

x37 Va

x37%

39

Va

7% May

3A

Oct

8Va

Feb

1% May
Aug
26% Sep

Standard
51.60

1

Dredging Corp

common

Forgings Corp
Standard Oil (Ky)
Standard Power & Light
57

preferred

Standard

10

16'/a

400

10

100

9%
25'A

Feb

Co

30%

1%

1%

3,200

1 Va

l'/a

100

110

108% 113

1

:

6%

6%

7

3%

3%

3'/a

1

2%

Sterling Aluminum Products
Sterling Brewers Inc
ISterllng Engine Co
Sterling Inc

22

10
2
2

Va

14%

Jan
Jan

100

1%

1,300

%

Feb

4%

2% Jan

4%

4%

900

43A

Nov

7% May
15 Va Jun

13

"lVa

13

l'/a

6%

25

lVa

Nov

12

8Va

Nov

100

M

Nov

12

450

10%

Nov

12%

13

500

12%

Nov

34%

33 %

35

1,200

27 Va

15

14%

11

•

.

5

2%

5%

800

15%

250

?%

2%,;.
a

•

20% Jan
7

13 Va Mar

1,200

Taggart Corp common
Tampa Electric Co common

•

27

27

2% -Nov
*

Feb
'\'

10%

10 Va

11

1

common

Texas Power & Light 1% pfd
Thew Shovel Co new common
Thor Corporation common

Tllo Roofing Inc—
Tishman
Realty &

dep

rets

400

3

Sep

1%

Nov
Feb
Nov

13 'A

13%

800

6 Va

100

£1

13 Va

6%
57

57

,

s 1.

v

54%
x2%

89 Va

89

%

1

2%

51%

Nov

2 %

19 % *Jun
i

15

-

7%

Apr

57%

Oct

Nov

4

325

%

88

500

4 Va

,

800

Nov

%

May

'

7% Aug
1% Jan

Oct

50

2,300

Jan

i

18% May

Nov

200

,

89%

%

4

2%

*

12
54 %

Jan

21

»■.

Jan

May

124

'

54%
x2%

1

Feb

49% Mar

43A

h

6s

20
100

53A

30

May.

16*

11% Mar

—

70c

preferred

66
5

,

99%

July
Jun
Jun

Nov

1% May

Nov

4

6%

Apr
4% May

2%

2 Vi

4,200

13A

Feb

26%

26%

25

26%

Nov

4%

300

4%
8%

Nov

9

Jan

Oct

12

Jan

4%

4%

__

.—

-r*

•

»

■

31

May

Jan

U

Jun

May

Mar

Apr

10c

13%
5%

Jun

Sep

9% Aug
23 Va Aug
12 %

3%
3%

Jan

Jun

Apr

4% May
3%

Jan

1%

1%

1 Va

Oct

2%

J'un

5

3 Va

3 Va

3%

2,300

3

Nov

6V2

Apr

—*

7%

7%

8 Va

1,800

5% Mar

8Va

Jan

6

7%

Nov

800

4

Union Oil Co of California—

$3.75 pfd series A
Union Stock Yards of Omaha
United

Aircraft

Products

——•

com

common

Corp

Railways

RR & Canal

53

3

Va

Va

Preferred
United Specialities

87%

Nov

973A

Jan

10

52 Va

Nov

62

Jan

3

Nov

3%

1,100

iff

10,600

A

Feb

150

29%

Nov

38% Mar
iff

29 Va

29%

30

10

19

18%

19

1

20

20

21%

3,900
10,100

Feb

Feb

Jun

36

Va May

% May

•

20 3A July

24

24

30

243 % 243 %

25c

3'.

7'

60

233A

Oct

30

Jan

24

25%

Jan

Sep

5% May
243% Nov

400

5% May
250

25

50

48

51%

July

38

38

34

Nov

6%

10

Nov

10%

Jan

Nov

62%

Apr

3,125

48

38

Sep

8

Nov

1%

Nov

2

Jan

:

Securities

preferred with warrants—

39 Vs

960

10c

~1%

1%

~1%

600

1

common

Conditioning Corp.-—

U S Foil Co class B
U S and International

16

17%

5% July
70

14% Nov

•

25

common

Apr

300

•

100

Machinery

1st

91%

531

3Va

90

dep rets ord regis—

United Profit
Sharing com
10% preferred
'
United Shoe

$5

50c

•

Milk Products common
Preferred
United Molasses Co Ltd—

U 8 Air

91%

100

—

Jan

1% Mar

12

Nov

1

6%

7Va

Feb

xlOVa

*

United

1%

Oct

16

600

*

Apr

100

17

200

10%

com

Apr

100

22

•

16%

1

Inc

Tung-Sol Lamp Works
convertible

17

%

1

def

Jun

18%. Nov

17
16

xlO Va

Construction

ll7/a
7%

Nov

Jan

f\» i

t

v

31%

>,

118% July

5

Toledo Edison 4%% pfd
Tonopah Mining of Nevada
Trans Lux Corp—j
Tri-Continental warrants

8O0

Nov

5

regis
Todd Shipyard Corp common
Toklan Royalty Corp

Trunz

Feb
Nov

10Va

100

Tivoli Brewing Co
Tobacco & Allied Stocks
Tobacco Security Trust Co Ltd—
Amer dep rets ord regis
Amer

10%
27

700

4,000

1

11%

7%

>.

17% May
-3%iJun
14% 4 Apr

,v

.

;

27%

•

Inc

Jan

4% Mar

Oct

37
'

Nov

10

A'

1%- Apr
15%'Jan

Jan

5

■»

*

Jan

% )

Nov

2 Va

4,700

15 % Mar

27% Jun
23% July

-JO t/J r.Cf

3%

2

3Va

300

17%

Jan

..Oct

■

5%

2 Va

2

Feb

May

%

7%

5

-

United Gas Corp common
United Light &

2

1%

22

3 Va

1%

Sunbeam Corp
•
Sun Ray Drug common—
25o
Superior Portland Cement, Inc
•
Superior; Jool A Die Co—
,»—1
Swan Finch
Oil, Corp
—*—11

Oct

3

72.

Oct

1

common

24%

8.600

6

Feb

7%

1

Elastic

10%

Nov

"l'/a

•

Stop & Shop Inc

Chemicals

1,300

2%
52'/a

87/a May
5 % Apr

1

Stetson (J B) Co common
Stinnes (Hugo) Corp
& Co

Nov

10

23

17%

Aug

800

3

Oct

■

6%

300

22
"

3
May
2% May
122

3%
2'A

67'A

1

Jan
Feb

1,200

2%
67 %

1

102

1,200

2%

"2%

•

1%

11% May
30% Nov

700

67'A

1
•

37/a Jun
19% Feb

Nov

1 Va Mar

80

1

Steel Co of Canada-:
Stein (A) & Co common

2% Mar
16

1,800

1%

lVa
•

13

Feb

28%

28%

—-1

-

Products

400

16

10

B

Standard Tube class B
Starrett (The) Corp_

(S)

~2% "2%
16%

1

com

4%. Jan

-•

19% Mar

20

Standard-Thomson Corp

Stroock

—

1

convertible preferred

Standard

class

-

10

Corp warrants

19%

25% Feb
10% July
48% Jun

Feb

100

United

18%

36

900

United

9%

18%

29% July
29 Va Jan

%

United

800

Nov

Mar

8%

2.75

preferred

Oct

7%

400

1,100

May

F*Jl>

8%

Convertible

Apr

7%

41% May
28 % Apr

Nov

Amer

(new)—

Jan

Nov

United NJ
St Lawrence
Corp
1st conv pfd

31%

35%

47 "•<■ Jun

4 %

43

200

Oct

2%

11%

»

Jan

18

400

Jan

600

33 %

200

Nov

10

May

3

7

1,800

4 %

10% May
6% jury

v.

4 Va

17

5%

Oct
Nov

2%

1,800

4%

%
3

Oct

Aug

4%
%

1,400

~5Va

2,500

•

7%

5%

19%

•

34%

Aug

*

Spencer Shoe Corp

200

3%

.In

Stahl-Meyer Inc
Standard Brewing Co
Standard Cap & Seal common

4%

~4.%

37% Aug
8% May

224

230

-25

Union Gas of Canada
Union Investment Co

23

8%4 Nov

Jan
Jun

May
6% Mar

100

25

x

17 %

14 V*

11% Jan

-

1

25

2% May"

85

4%

4%

Nov

Apr
Nov

35

10
'n

Royalty Co

32%

1

Apr

4'A

400

7%

1

den Realization Corp
Unexcelled Chemical Corp

10

800

Xl2'/a

Jun

108% Apr
22% May

11%

12.50

preferred

700

20%

1,600

13

18%

1

preference—

9%

20%

100

Edison—

4% May

250

1.25

Jan

July

76

Nov

104

1

preference

8%

7

54

10

4 %

—1

common

17

1,900

105 % 105 %
20
20

20

1

—

Southern Pipe Line
Southland

% May

100

*

preferred

conv

Jun

1

20 Va

*

preferred

cum

4

15% Oct

20 Va

•

Pipe Line

original

4.88 %

Nov
Nov

x2%

Canada————•

California

Feb

%

10 % Mar

x2%

Ltd

4%
7

1%

Jun

-J
25

Manufacturing Co
Corp
Manufacturing common
South Coast Corp common

Southern

85

87% Jun
5% Jan

Nov

700

Soontonc

Oil

Feb

2Va

•

Boss

South Penn

Feb

75% Mar

26% July
5% Jan

Nov

Nov

Jun

£1

•

Russeks Fifth Ave common
Ryan Aeronautical Co
Ryan Consolidated Petroleum
Ryerson A Haynes common

3%

Is,a

:T8

18%

10

(The) Corp common
Royalite Oil Co Ltd

*

■

300

5Va

5

Rowe

\

14% Mar

1 Va

5%

Co—

c

Roeser & Pendleton
Inc
Rolls Royce Ltd—
Amer

J

54

,

27

Rochester Gas A Elec
4% pfd F

Roosevelt

•

34
54'

1

Valley Gas
v

%
'

150

27 Va

-1

Engineering

Dry Goods—

Grande

47,300

*

A

152

Mar

25%

25%

21

(Texas Corp)

,

1

18

1

6.25

Richmond Radiator
Rio

1%
■!(

17%

~1

5

Bit Co

(Robert) A
Reliance Electric
Stlx

common

A

Co

Rels

Rice

3A

10
A

Rath Packing Co
common
:
10
Raymond Concrete Pile
common
•
53 convertible
Dreferred————-*
Raytheon

Regal

x96

Nov

Feb

R

option warrants
Railway A Light Securities—

Used

8%

Mar

139%
12

Aadlo-Kelth-Orpheum

13%
74

Technicolor

Quebee Power Co

1,350

Aug

11% July
6% Sep

50

2%

Nov

IV# Mar

10,300

July

21%

10

Nov

15%

17%

'*■

GOO

12%

3

7% Nov
8% Jun

75
1

16

1%

150

3

Oct

2%

§ Solar

211 Mar

Feb

2,200

2%

-100

Solar Aircraft Co

Jan

6

9% Jan
29% Jun

17

10

B

July
11% May

Aug

37 Va

1

America
Nevada

Jan

65%

5

•

common

Jan

Jun
Jun

5% Jan

11%

Jun

12%

common

Breweries

Common

X103

25o
common

of Canada common
1st preferred

Feb

2

50

50

Feb

6,900

24

2 |'«

1

Jan

6%

Oct

70

3% Mar

8%
900

"2%

24
2

8% Mar

%

shares
1

Feb

19%

1%

-Simtnons-Boardraan Publications—
53 convertible preferred
•
Simplicity Pattern common
1
Simpson's Ltd class B
Singer Manufacturing Co
100
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
£ 1
Sioux City Gas & Elec Co—
3.90 f* preferred
100
Smith (Howard) Paper Mills
•

May

6% May
54 Va

Nov

48

100

Oct

Nov

Jun

x2%

Corp of America class A

Side's

Jun

26%
8%
6%
4%
108%

Nov

Mar

3%

1,500
'

4%

~7

39

400

54%
11

4%

650

3%:

•
•

99%

1,000

41%

11

2.60

50

5

40%

49

15%

1

Stlex Co common-——*——,

"

41

2.50

Mining Co—

2%

22%

•

Shoe

Aug

400

600

16

1

preferred

4%

Jun

-

3

common—

Co

Mar

101

•

Pleasant Valley Wine
Co—*—*
Pneumatic Scale

Pyle-National
Pyrene

29

180

—

•

-

55

300

9%

18%

1

Pltney-Bowes Inc
Pittsburgh Bess A Lake Erie RR
Pittsburgh A Lake Erie
Pittsburgh Metallurgical common

Service

30%

104%

30%

Apr

17%

25
.

Pioneer Gold Mines Ltd
Piper Aircraft Corp common

Public

36

3%

2

Governor common
Plnchln Johnson Ltd Amer

Prosperity Co class
Providence Gas

10% May

80

Pierce

Producers Corp of

Feb
Jun

23%

1

Philadelphia Co common
Phillips Packing Co

of

6%
32%

3%

1

Inc

300

1,200

*

common

Metals

7%
34 Vs

104

1

(Mass)
Perfect Circle Corp
Pharis Tire A Rubber

A

Jan

Aug
May

9%

Light V/»% pfd

Pratt

17 Va

12% Mar

—

Traffic Co

Pressed

Sep

91

30%

sh

Pep Boys (The)
Peppercll Mfg Co

Prentlce-Hall

13

23

common

Alexander

Jan

7%

•

Penn Water A Power Co

A

25

Fab

Jun

15%

5

Sherwin-Williams of

Jan

7%

3%

1%

Shawinigan Water & Power
Sbeller Mfg Co

14%

Nov

300

Nov

15%

Jun

15

100

8%.

1%

25

Corp common
Control

Sherwin-Williams

Oct

200

2%,

1

39% Jua
9% Oct

Feb

1%

15%

8

109%

July

22

15%

Shattuck Denn Mining

33 3 4

33%

104%

& Reel

Power Corp

%

34

Feb

1%

1

NOV

48

Feb

10%

1

2 Va

14'/a

20%

20%

•

Penn Gas A; Elec class A
common
Penn Power &

Polaris

5

rJB

•

Penn-Dixie Cement warrants

Powdrell

30

1,900

•

$1 cumulative
preferred

Penn

200

9%

9'A

pfd—.—100

Plymouth Mills
Ltd——

Corp

35 %

33

25

Corp

Peninsular Telephone
Pennroad

Nov

Feb

12%

5

Parkersburg Rig
Patchogue

101

•

Co

Pen

80

93/a

25

c

Amer

Jan

20%

common

Pantapec Oil (CA)

33

1

preferred

Pancoastal Oil (CA)

Paramount

300

1

Pacific Can Co common
Pacific Gas & Elec 6 % 1st
pfd
5% to
1st preferred

Power & Light 5%
Pacific Public Service com
51.30 1st preferred

39 Va

36

1 Va

-•

O'okiep Copper Co Ltd Amer shares
Oversea*. Securities

Pacific

4,100

35

1

Oliver United Filters class B
Omar Inc

1%

37'/a

—100

Gas

Pacific

1%

102% 103 Va

•

common

preferred

Natural

Poindexter

B

Radio

Safety

27

600

1

Inc

B)

(R

High

1,100

19%

*

stock

Convertible

Low

28%

1%

common

55.50 prior stook
Allotment certificates

"

13%

Inc

Sep

9% Oct
13% Oct

Feb

Industries

Rang* Since January 1

High

28

*

Jail

103

Nov

28%

1

Bros Inc

Seeman

Low

18%

Serrlck Corp class B
Seton Leather common

1%

Shares

„25

Sep
Nov

Jun

O
Ogden

for Week

common

Securities Corp General

Sentry

Ohio

Co

Mar

7%

2,400

•

Manufacturing

Scullln

May
21% May

97

14,600

Scovill

Sales

Range
of Prices

Par

4

2Vb

200

101 Va 101 %

8 "4

10%

Jun

Week's

Last

Sato Prlee

Exchange

48

89

1

Curb

Oct

15

10

York

New

Mar

1%

Te

16

1

Co

1% May
Oct

Feb

33 % Mar

200

41

G%

•

Oil—

Texas

RR

41

26

High

% Mar

2,900

•

Airlines

Penn

7%

2,400

*

Class B common
North American Utility

Northeast

A

NOVEMBER

Friday

Low

%

Monday, November 29, 1948

EXCHANGE

ENDED

Range Sine* January 1

High

7%

7%

CURB

WEEK

CHRONICLE

STOCKS—

Share*

%

V8

Light <fc Power common—1

American

North

Low

5

FINANCIAL

Sale*
for Week

Rang*

"

New

FOR

&

13%

13%

14%

1,200

l*

11%

Feb

3%

3Va

3%

1,500

1%
70%

Feb

19% May
5Va May

Feb

86

1

413A
13

3%

Jan

July
Jun

May

Volume

&

COMMERCIAL

THE

Number 4755

168

RANGE

WEEK

FOR

ENDED NOVEMBER

26
1

York

New

Rubber Reclaiming Co

U S

United

Stores

.

1%

Universal Consolidated Oil new com.-10
Universal

1%

134

200

13b

2 34

2%

3,300

234
35

200

36

36

36

Universal Products Co common

-10

Utah-Idaho

—5

Sugar

34

2%

2234

400

2

Oct

Kansas Electric Power

334s

Jan

McCord

3%

Corp deb 434s
Valley RR—

Midland

22% May

Extended at

434s
England Power 3%s

N Y

Si

& Light

1

Yalspar Corp common
$4 convertible preferred
Venezuela Syndicate

"5'/a

6

1
:

Nov

~6 34

98

Jan

1034
534

Jun

2%

3

1,300

234

Nov

13%

14

300

12 V«

July

2y«

Ohio

Jan

Feb

534

6,700

10

Sep

534

1,300

x6

67

20c
•

Inc

Vogt Manufacturing

5%

5

Petroleum

Venezuelan

5%

1st mtge

Jun

mtge 334s-

1st

3s.

Park Lexington

Hydro-Electric

A6%s ex Oct

W

$2

,

Watch

8'/2

8%
2%

3

$6 preferred

(Wm)

Whitman

Wickes

(The)

4%
1 %

400

7%

6

Nov

234 Mar

900

600

156

156

*

i4'M»

;

Apr

34

Products

Wlllson

Brothers

Wilson

Woodall

Industries

Feb

234 May
10
May
11334 Apr

140

Feb

161

6

10

May

2934 July
40 34

July

2534

Jan

"100

14

Oct
Oct

18 34

1st

Jan

'

500
200

Feb

6%

%

6

50

10

11%

14

15%

50

24%

25%

200

17

60

95

Jan

1034

1034

1034

19

1934

...

«*««.••

mm** ■

A

7%

634

xl%

28%

Oct

1 1947 coupoi

A 6 34 s ex Aug

Period

Exchange

Jan

Unitsd Electric Co of N J 4s_

Oct

Unlted

934

1960
—1998
1970

A 7s ex Dec

Jan

Boston

——

—

Steel

Edison

63

234s

Af-N

9934

10

9934

1.

9234

20%

20%

1

16

30%

20%

7 2034

2034

4

16%

30

—

27

107

J-D

15

104

1060

J-D

'

A-O

10334

10334 10434

38

103

10534

106 34 106%

198

1104

J-D

•

.

,

York

—

-

98 %

""

A-O

102
19

9834
98%

u-m

10434

A-O

11134

.106%

"497% 101

or

100%

5

96%

10334

109

111%

115

11134 111%

May

Finland Residential Mtge
5s

stamped

J-J

M-f

A 7s

(July 1941

,




(Peru)

City

J-D

103%
112%

(issue of Oct.

10034 102%
■

'•

-■

60%

60%

60%

J-J

'

102%

ARussian

61

1 '

103%

56

A

60%

105

3

103%

32%

33

15

17%

30

32

52

17

32

3534

3534

17%

Government

5 34s

35%

106%

J-D

31%

m•

°VftSS'l

'

F-A
■

'

'

7—*.

30%

'

'

1634

32

A Bonds

5

17%

34%

5

17%

31

Ikk-J/ilnlf.

-

30 / .30

—.

,

33

'

J-J

Uve ;

;

/-J

6334

6134

62

194

5534

65%

70

62%

31

75

$68

High

61

39%

58

1

36

.

—

—

.

$534

$12%

—

64%

60

.

5

"6

13

7S

;■

8

12

li

1

84

30

1

31

39%

42%

44

42

44%

22

25

62

81

20

27

13%

15%

5

10

2A

2%

265

2

334

2'/a

3

2%

334

u'

,

'

32%

$4134

A-O

$4134

J-D

$25

J-D

$62

65

J-J

226%

28

J-J

14%

1434

J-D

23

23

..

"

U-3

J-J

2 3b

2
2

3b

• d Jte-interest.
*I*-*tock dir hKx-

"coav!" convertible*

"wt"

75

Transaefctoa tor Mth
Ex-liquidating dividend. . .
.
week.
ransei

sales being transacted during current

bid and asked prices; no
ij^ded flat.

12

32

33

32

I,"

5

No.

m

24%

ll

eOdd4ot
33

Low

81%

32%

1919
1921

6%s

Range Since
January 1

Sold

Low* High

•No par value
a Deferred delivery transaction (not included in year's range).
transaction (not included
year's range)
fEx-distribution.
principal.
n Under-the-rule transaction (not included in year n
t
(not included in year's range), x Ex-dividend, y Ex-rights,
z

33

105

M-f

98% 104

Bonds

Friday's

Bid A Asked

$69

—

M-m

stamped (Plan A)
2%s
2008
(Republic of) —
Is to 234s (ser ABODE)
1997
Rio de Janeiro stamped (Plan A)
Interest reduced to 2%
2012

38

50

103%

120

-

—

.

,

24%

Interest reduced to

tl02%

^<7

'

J-D

Parana

31

24

26

1101% 103
'

,

M-f

1947
1947
1931
1973

1927)
AMortgage Bank of Chile 6s
Mortgage Bank of Denmark 5s
A 7s

4634

110

50

J-J

1957

.

65

97%

1112%

M-f

1952
1952

coupon)

Interstate Power Co—
ADebenture escrow ctfs

M-f

Peru

1957

,

(Aug 1941 coupon)

series F

J-J

1458

Mortgage Bank of Bogota—
A 7s (issue of May 1927)

112

1981
1958

Power 334s

55%

99

124

Indianapolis Power Si Lt 334s
1978
International Power Sec—
A 634s series
C
1951
A634s (Dec 1 1941 coup)——1955
A 7s

98%

,

108%

...

F-A

6%s stamped_1950
(Plan A)
234s
2008
AMedellin 7s stamped
1951

4.;

,..

1950

4s

Guantanamo & Western 6s

A 7s

i

1981

1

A7s series E

/

—

$32

—

M-JV

1952

Maranhao stamped

<39%

42%

141

Bank—•

Grand Trunk Western Ry
Green Mountain

'■V

108

102%

.

103

61

61

J-D

Interest reduced to

61

61

-61

M-m

——

.

161

A-O

—lf®6

Danzig Port Si Waterways—
AExternal 6%» stamped-.;*

>

Delaware Lack &

.

106

117

u-~..

:

—

88

Week's Rang*

Last

Sale Priee

J-J

Loan—

External 5s

,

ALima

Western RR—
Lackawanna of N J Division—
1st mtge 4s ser A
1991
A 1st mtge 4s ser B——
1992
Rastern Gas St Fuel 334s
1988
Rlmira Water Lt & RR 5s
1958
Creole Marelli Elec Mfg Co—
A 634s with Nov 1 1940 coupon—1958
r
A634s ex Nov 1 1947 coupon
1951

27%

72

1

34 10734

1100 :

Period

104F

Danish Cons Municipal
External 5%s

8834

16

103 34 105

103%

3

83

1119%

;

Interest

Exchange

Curb

Valley 7s

ACauca

107 34

78

107

9734

9734',,

J-J

105 34

14

8534

84%

■

—

U08

■

F-A

Agricultural Mortgage Bank (Col) —
A 20-year 7s
April 1946
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)

106

.

—

'

Traction

New

99%

82%

10434 105

8434

*

101

IS

<

Foreign Governments & Municipalities

97

9034

106 34

LL

-.

•

28

83

M-M

Friday

10434'

J-J

77

112

Electric 5s.
5s

•'

10134

$24%

—1958

A-O

3i

10

14.
''

Hotel—

BONDS

M-3

Jf-Q

r

75

63

38

33%
U01

1058

Penn

10234

M-S

—

114%. 122

64

$12

Penn

168

81

11

9034

J-J

1948
1954
Cities Service 5s
Jan 1966
Debenture 5s
1958
Debenture 5s
1969
Debenture 3s__
1977
Consol Gas El Lt & Pwr (Bait) —
vv 1st ref mtge 3s ser P_„
—I960
lit ref mtge 234s ser Q__
1978
"Mst ref 234s series R
—1981
234s conv debs__,
...
1962
Consolidated Gas (Bait City) —
Gen mtge 434s
1954
(20% redeemed)
A534s (20% redeemed)

A5s

,

'

•;

105%
104

123

•

8734

~

20%

V

111

98%

85%

96%

10634

155

4i

ICentral States Electric Corp—

101

•10034

99%

64

35%

2030

10734

108%

3

165

9934 100

10034

10434

2120

J-D

1984

10334

103%

10834 10834
$155

Q-F
J-D

101

105%

104 %

.

1940 coupoi

1947 coupon-

1

108

96

1105 34 106

J-J

1053/4

101

101%

High

102%

2

35

97 34

97%

Low

No.

97%

9934 10134

J-D

5s series C

Bethlehem

J-J

103

1

__

Range Since
January 1

Sold

34 105 34

105

J-D

105%

298%

•'

Electric Service Co—
with Dec 1

214 May

Nov

High

101%

101%

43

299
.•

A-O

1948

22%

Bends

Bid A Asked

Sale Price

114

97%

10434 104 32

J-J

____1064

Friday v; Week's Range
or Friday's
Last
Low

Appalachian Elec Power 334s—
1970
Associated Electric 434s
——1953
Assoc Tel & Tel deb 5 34s A
.1955
Atlantic City Electric 3 34S—
1964
Bell Telephone of Canada—

101

113

115

2104%

-.1958

14

Nov

1%

6,100

'

-.1941

1959

Curb

103%

99%

—

104 % 104%

104%

•

M-Jf

Western Newspaper Union-

New York

160

98

103% 104 %

104%

Hydro-Electric Co—
A634-S with Aug 1 1940 coui on—1958

A 7s

!

-

West

Interest

149

1

2113

/ A-O
A-O

__194S

Industries—
stamped

2nd

Feb

13

M-f
J-J

West

BONDS

24

151

2 9 9 34

Ternl

May

£1

T%

34

2101

(Hugo)

A7-4s

Waldorf-Astoria

...»

Wright Hargreaves Ltd

19

26

10134,101%

.<

F-A

—1066

(Hugo) Corp— '
7-4s 3rd stamped-

Btlnnes

102% July

(F W)

•

106

149

150

J-J

—-i_19St
—.1888

5s—

Nov

9%

100

600

,,

•

Jan

19

Feb

98

15%

A.'— '

92%
103%

103

7% May

Feb
Jan

9734

I

82 %

103%

Btlnnes

12% Mar

Feb

10

24^4

5s

94%

224%

F-A
A-O

334s„—10T6

AStarrett Corp inc 5s
5s
collateral trust—

May

,11

Nov

Gas & Elec

Spalding (A G)

Jun

24%

17% Mar

■

—10T1

mtge 3s

Southwestern

1634 Jan

98

1

108

10334

1041/4 104V4

M-M
A-O

1971

...

——

1973
Bouthern California Gas 334s-——1076
Bouthern Counties Gas (Calif) —

Jun

3%

2

Inc

10134

291%

,,

A-O

1st & ref M 3s ser B

Mar

100

series A

3 34s

% Mar

1

Ltd—
American deposit receipts
t% preference

Woolworth

10

6

25
5% preferred w w___
•,'/
Winnipeg Elec common
Wisconsin Pwr Si Lt 4 % % pfd—IIIlOO

104

104%
100

2104% 1051/4

SS-1911'" '••/.'M-Jf

Joaquin Lt St Pow 6s B—,—1952
inc mtge 3s
:—_'_1951 '
Bouthern California Edison 3s—-1961

33

20

X9%

....

Woodley Petroleum

2101

J-J

Bcullin Steel

20

:

14 %

*

20

—III

Inc
common—

101%

105% 105%

212

Ban

734 July

Jan

lMi

2%

.1

107%

10734

'

25

2034

•

106

104

2102 % 104

-

1981

634s series A

125

3634

.-'I..

1023/4

10434 10434
2106

67

58

62

Electric—

Safe Harbor Water Power Corp

; 25

35

»

Corp
& Co^

1033%

104'%

J-J
J-D
J-J

-1991

debs

Jan

634 Mar

10

2034

....10

(R C)

Williams

6%

50-year

Queens Borough Gas &

1

Wichita River Oil Corp

1013/a

62

Jan

13

112

—1
1

Si Co

234

Apr

2%

3,800

1%

1st pfd—100
Western Tablet Si Stationery com
•
Westmoreland Coal.
20
Westmoreland Inc—
10
Weyenberg Shoe Mfg_

210134 103%
62

Co—

1

1.25
•

Maryland Ry 1%

Western

July

8% Mar

7%

7%

1

Manufacturing

1134 July

11034 Feb

900

9%

2%

41/4

Corp—

Aircraft

Warner

Wentworth

109 V4

-

Ward Baking Co warrants

West Texas Utilities

Feb

1%

1

Co„

Nov

106

30

preferred

cum

334 May

1V4
8

200

IV2

Wagner Baking voting trust etfs ext.*
1% preferred
..
—100
Waltt & Bend Inc
1
Waltham

107

Public Service Elec & Gas Co—

134

1 34

•

$108 34 109

1947 coupon—1960

1

25

104%

J-D
A-O
A-O

1940 coupon—1966

A6%s with Oct 1

17

1534

104%

M-M '

1078

334s

28%

16

15%

$103

A-O
Jf-C
.

High

20

28

15%

15%

/-J
J-D
J-J
/-A

1904
3%s_1964

3s

1st mtge

Pennsylvania Water & Power

1534 May

Piedmont

Waco Aircraft Co

4s

Westchester Ltg

Power

Low

No.

'

1961
1967
1961
2004
1968
-1071

to

4%

New

Milwaukee Gas

Range Since
January 1,

Sold

3" 19

1986
1980
1956

334s—

Kansas Power & Light

Bonds

High

224%

-

1961

Jan

Nov

19% Mar

-1952
1952

1940 coupon

1

1947 coupon

1

Nov

ex

29

Nov

234

3,500

22%

2%

A7s

23%

22 %

200

27

24

24

•

Utah Power & Light common

A7s with Nov

Altalian Superpower 6s

July

45

1934 Mar

-10

Insurance

Jan

3% May

Nov

Hydro-Electric Co—

Isarco

Sep

3

Apr
Sep

.

Lota

8%

Nov

2%

•

1

-50c

Corp com

Bid & Asked

Friday

High

Low
6

1.600

6%

6

6

—1

;

common

Week's Rang*
or Friday's

•ale Prise

Exchange

Curb

York

New

Bangs States January I

High

Low

Par

S Radiator

U

Shares

•f Prices

•ale Prlee

Exchange

Curb

Last

Perfed

BONDS

fer Week

Range

Last

Interest

Bales

Week's

Friday
STOCKS—

33

EXCHANGE

CURB

YORK

NEW

(2253)

CHRONICLE

FINANCIAL

•then issued;

■" wrtlfluutm of deposit; "eons," consolldsted; "cum," cumulo"M."mortf »«»T vB^non-'otln» Jtock; "v t e," voting trust oertiflctee;'

"ww," with warrants;

warrant*.

Stock and Bond Averages
Below

listed

on

are

the daily closing averages of

representative stocks and bonds
by Dow, Jones & Co.

the New York Stock Exchange as compiled

-Bonds-

-Stocks-

10

10
30

20

Indus¬

Rail¬

15

Util¬

trials

Date—

roads

ities

Second

10

65

Indus¬

Grade

Grade

Util¬

Stocks

trials

Rails

Ralls

ities

Total

10

First

Total
40

Bonds

177.42

55.15

33.15

65.07

100.75

102.00

89.74

98.54

20—

101.66

Nov.

54.48

33.28

64.68

101.02

101.90

89 89

98.61

22—

176.33

101.62

Nov.

176.17

54.45

33.16

64.60

100.62

101.81

89.89

98.55

23—_

101.59

Nov.

24

173.40

53.10

33.04

63.56

100.85

101.20

89.59

101.64

98.32

Nov.

32.95

*63.46

100.89

89.73

101.59

——_

Nov.

25—

Nov.

"The

the

10%

—

* 173.16

Averages are

13.3;

Utilities,

53.08

Holiday

100.80

of the 30 Industrial stocks and for the 65-stock
dividend of National Steel Corp.

averages

stock

—

Holiday

26—

15;

Composite average,

computed by dividing total prices by the following:
Composite, 47.
•

now

98.25
allow

for

Industrials, 10.14; Rails,

V-

i

34 ' (2254)

THE

COMMERCIAL

&

FINANCIAL

OTHER STOCK

Baltimore Stock

Week's

Range

Sale Price

of Prices

5%

1st

preferred

Low

•

13%

•

Fidelity & Deposit Co—

'

Friday

'

Low

270

3.60

147

17

20

18

161

~

Range Since January 1

High
14%

2

16%

Mar

12

31

138

Humphreys Mfg
...10
Mount Vernon-Woodberry Mills—
6.75%
New

Amsterdam

Fidelity

8

Western

23

Apr

Common

100

20

Deere

Jan

Co

&

Dodge

161% Nov

Apr

25

25

40

105

33

28%

28%
48%

159

42%,

12

—

48

__20

Co

4s

1975

49

49

49

1975

_

—

52

52

50

Corp

Credli

*

28

July

106,

Jan

Four-Wheel

Drive

Mills

(The)

Corp
of

America

Feb

30%

Oct

Fox

52%

Jun

45% July

General Finance Corp common
General Motors Corp common

(Peter)

Jun

68

Jun

Refrigerator

Gillette

Jan

Great

Safety

Lakes

Jan

77

Heiir

Exchange

Co

Razor

Dr

STOCKS—

for Week

Sale Price

Sugar Refining;

American

Tel

of Prices

American

Woolen

Anaconda

Low

Copper

Bird

Son

A

Boston

ft

100

Tel

ft

150%

.*

1%

ft

100

Providence

2,791

36%

Nov

39%

97%

150

Feb

13

31%

200

28

Feb

143%

600

14%

Nov

38% May
18% May

Brick

Co

Pneumatic
Products

Tool

19%

Feb

150

5%

Sep

8%

1

Nov

2% Maty

147% Mar

158%

International

Jun

Harvester

common.*

new

34%

Nov

57

30%

Feb

407/a

Jun

Katz Drug Co common
;
Kellogg Switchboard commoni

19

100

Feb

21%

Jun

La

5

193

Mar

127%

Oct

Leath & Co common.

37

37%

17'A
115

2,524

363/4

Feb

Salle

Ext

Univ

Cumulative

43% May

1

common...

McNeil

&

Libby

19%

20

325

20%

19%

21

560

18%

Sep

21%

19%

Nov

28

32

Feb

Marshall Field & Co

51% Aug

common

common

Mickelberry's Food
40

40

41

360

Middle West Corp

Ex-distribution
15%

15

63%

65

53/8

3%

15

13%

Feb

18

34

250

Feb

74

5%

5%

137

53%

Nov

40%

443/8

155

313/4

Feb

Miller &

Jun

,

$1

Sep

Hart

:

Inc

—

3

66%

•

Assoc.

20

_*

...

3

100

2%

Feb

Sep

66

1.

Stores

*

Corp

66%

25

60%

RR

43

37%

1,181

32

32%

13%

32

553/8

*

common

100

Mfg

Sep
79% May

Pressure

National

4

Standard

49 % Mar

38.90

Feb

5934 July
46.33

Jun

570

28

Feb

39 Vb May

573/4

430

42%

Feb

60%

14

380

123%

Nov

16

Mar

Sep

12%

Oct

American

Cos

Parker

Cooker

Pen

8 3/4

Peonies
Potter

Gas
Co

6%

Feb

17

31%

Feb

It

50

41% Mar

54

Jan

575

Sep

13%

Jun

Nov

215%
5 4c

Jun

Sears

Roth

15%

16

25c

27c

8'/a

7%

80%

82

32c

25C

35c

50

16%

7%
14%

8%
%

1,100

25c

3,164
400

7,600

July

7%

Nov
Nov

96

25c

Nov

85c

17%

351

16%

Feb

6%

6%

1,000

3%

Feb

5%

270

4%

Nov

25

13%

Feb

~5%

2.50
»

4%
15

13%
•

com

15

15%

11%

•

343/4

12

34%

35%

34

Jan

May
Apr

22 %

6%

Nov

7%. Mar
163/s

Sep

170

11% Mar

—25

—25

Co

St

RR
Lt

Louis Nat

Corp

Coke

&

•Standard

24

36

May

Stone

May

ft

Co

Lathe

Nov

42

48%

Feb
Nov

62%

38%

79

38

Sep

40

42%

214

38%

24

24%

314

24

Jan

Works

%

Apr

Thor

Feb

49 %

Jun

208

Nov

33%

ft

Corp

Week's

common

capital

common

common

Belden Mfg Co common
Berghoff Brewing Corp.
Binks Mfg Co
capital

Bruce

Co

(E

Bros

Centra! HI
ft

S

Secur
W

J)

capital
(new)

Chrysler

Corp

Service

Coleman

(The)

Co

common

see




26%

Jun

1585/8

jun

5%

5%

3

3%

6%

7

1,100
1,950
100

550

1,300

14

Nov

1%

Nov

15

May

2'% May

4%

Nov

8

Jan

3

Nov

4%

Apr

4%

Feb

7%- Oct

34

50

30

Aug

40

14

15

1,050

14

Nov

20%

7%

8%

600

7%

14%

400

9'% Mar

15'%

10%

"9%

1

103%

300

9%

Apr

55'%

100

45%

Feb

46

46

100

46

21

46

«

uo

21

150

21

10

300

9%

1%

1%

9%

Jan

12

10%

10%

62

Apr

34

Jun

15%

Jun

1%

Feb
Feb

900

170,800
900

64%

64%

50

8'%

Feb

1/128 Nov
9%
64%

Sep
66% July

Nov

10'%

32

Nov

Nov

100

9%

13% May

Nov

500

11%

Apr

15

Feb

Feb

30

May

643 4 May

56

300

48%

Nov

11%

260

10%

Nov

150

32% Mar

37%

31

26

35

22'%
17

50

100

8%

15

Feb

Jan

May

24'/8

Nov

150

May

19

Jun

7% Mar

1,150

18'%

16% Nov

Mar

19'%

20

10

May

17%

Nov

2,950

6%

Jan

10

400

19%

Oct

24% May

16%

300

16%

Nov

22

%

8,600

%

Nov

8%

16%

%
5

•'<

5

27

50

27'%

4%

50

27

32%

May

113

Feb

Feb

May

Oct

6% July

Nov

31

Jan

July

1"*

<

30

31%

200

30

Jan

35

29

29'%

150

27%

Feb

34% May

11%

11%

100

11

Nov

15

Jan

39%

40'%

1,000

32

Feb

43

Nov

Mar

2G3/4

600

26

13%

13%

150

113/4

Feb

1414 July

21%

22%

2,700

15V»

Feb

32

Jun

24%

25

150

24%

Nov

29

Aug

14

Mav

8%

20

new

8%

2%

234

393/8

39%

40%

13'%

12%

13%

35

35

35

113%

10%

11%

,

1

6%

com

stock..

25

29%

La

S

Air

Steel

25

34% July

400

7% Mar

300

-

-

2'% Mar

900

7

3%

Jun

x37%

53

12%

200

Feb
Nov

16% May

Jun

150

x6%

Oct

9%

150

27% Mar

36%

10

13

2,650

Nov

Jan

Sep
July

29%

30'%

800

29%

Sep

36%

54»%

54%

100

52%

Feb

66%

Jan

St

Lines

16

16%

503

16

Feb

21%

Jan

22'%

22

22%

350

20%

Nov

37

Jan

•

..

44

44'%

120

44

Mar

48

38

Corp.
capital

37%

38%

800

37%

Nov

43

(new)

Inc

10

93%

93%

100

•

71%

72%

500

common

Inc

Indust

common

Unlisted

2

capital

Radiator

Anaconda

Copper

Steel

&

St

10

14%

14%

—

1

86%

Nov

33%

JUn

13% Mar
Feb

11%

Jan

10

50

200

18% May

10

Nov

14

Jan

12% July

16% Get

2%

100

6%

1,800

6%

Oct

153%

300

12%

Feb

167/a May

—

35

35

200

30%

Feb

41

.....10

j._

25

25

100

25

Nov

32% May

.100

__

Bethlehem

Steel

92% Mar

118% Aug

50
.1

common

Pacific

Certato-teed

Ry

new

Co

1

System Inc

(The)

—

",

6%
—

*

•

25

Products

Gas

9

com

Mining

Corp

2%
6%

15'%

1
San

Atchison Topeka & Santa* Fe

Columbia

10

'

Oct

18% May
Oct

Mar

24

2,600

1.000

Nov

68

250

10%

934

Jan

"

Stocks—

American

Canadian

15'%

10%

—

—*

Alleghany Corp
American Air Lines, Inc.:

Armco

24%

14%

10'%

—

•

common

24

..

common

Bankshares

Jun

16

2

common

Salle

—

._5

-

Continental

Motors

•
1

12%
—

■

—

23%

34

-

2% Mar

4% May
9%

Jun

May

400

30%

Feb

39%

Oct

12%

13%

300

12%

Nov

18%

Jun

12%

12%

200

12%

Nov

11%

1,600

10%

Feb

19% May
143% Jun

7%

300

6%

Feb

10'/a

1,200

4%

Jan

12% July
10% July

11

7%
_

Nov
Jun

23% May
15%

Jun

12

Nov

32

Nov

14% May
66

Curtlss-Wright
Farnsworth
General

...

—

Television

8

Electric

&

Radio

Co

•

7%

7%

7%

—1

5% Mar

Jun

•

363%

36%

37%

800

31"% Mar

42

General Public Utility Corp
Graham-Paige Motors

5

11%

11

11%

1,400

11

Nov

1

3

14% July

Laclede

4

.1

.

Gas

Light

Nash-Kelvtnator

Corp

New York-Central RR

North

American

5

capital

•

2%
new

com

Pepsi-Cola Co

65%

73

268

65'%

Oct

80

Jan

Pullman

51%

52%

1,000

51%

Nov

65%

Jun

Pure

40

443%

40!)

32

Feb

27

63%

Jun

Radio

27

50

23

Aug

39

Jan

Radio-Kelth-Orpheum

Inc
Co

Corp

1

33%

77

Oil

(The)

—

3

3

300

3

Nov

534

5%

500

4%

Feb

S% May

15%

15%

200

13

13

100

common

America-

:

common

•
•

1

14% Mar

12%

Feb

14% Mar
4%
...

—

7%

4'%
8%
21

7%

4%
8%

.1,800
100

21

200

9

1,800

•

j

of

—

% May

5'%

10

Packard Motor Car
Pan Amer Airways Corp
Paramount Pictures Inc

Nov

•

Co

51%
401/*

12%
22

13'%

Nov

55 %

___♦

loO

150

_

Mar

14%

g45/8

42.

7%

34

2%

page

Nov

Mar

9%

Co Inc

footnotes

17
148

6%

_

For

150
800

1/128

common

6.% May
12%. May

151% 151%

1%

50c

common

Nov

12

8

IIIIII•

common

(new)
Co

Feb

—

preferred..,

Chicago Towel
Cities

9 %

2%

Rights w i.__.
Chicago Corp common.
Convertible

350.

High
.19-%

17%

3

10

Corp

Feb

10

preferred

Util

33%

__5

common

Convertible
Cent

200

Hi

com

Li

5%

___h

common

Low

Feb

1%

Jan
Oct

24%

25

-

Range Since January 1

7%

7%

12%

34

'

*

Tool

Yates-Amer Mach

Shares

700

p/

10

Corp

for Week

18'%

——II3

133%

26

5

capital

:

South

Woodall

High

7%

_3

.

Manufacturing Corp

7% Mar

21'%

__

2

.

common—

capital

Coip

Wisconsin

5%

4

600

Jan

Jan

9

2.1%

•

Westlnghouse Electric & Mfg com..12'%

11%

Ii

11

17'%

39'%

•

(The)

Wieboldt Stores

Sales

17%

II

Nov

Jun

17

5

Asbestos Mfg Co common
Athey Products Corp capital

Co

Low

capital——loo

6

8%

1—0

common

Mach

Co

Co

Texas

51%

*

200

17

xll%

.

•

.

Ind

of

Container

Swift

Apr

177%

•

15%

6

58 % May

48

Range.

1

13

Feb

—

capital.,

common

Dredging

Sunbeam

550

of Prices

.315

Aug

29

*

common...

17 %

41

34

29% May

9%

73/4

25'%

5

Stackyards capital

Corp

Feb

100

Mar

100

1,200

7%

'

'

common.....—5

Nov

2,563

Sale Pried

Par

Co

22%

24

12

22%

..

.

,

Corp

11%

513%

Last

Tel

600

Jan

10

16%

.10

%_—1

Standard Oil

34 %

53%

Friday

.

Jun

19%

..1

i'.'Ij.

capital..

Bend

40

Chicago Stock Exchange

Bearing common
Allied Laboratories common

74%

]•}

,

Ball

44Jan

8%

rights..

common.

Spiegel Inc

U

Castings

Apr

2o°

56

31'

18%

50

common.

Union Carbide ft Carb

common

10%

10%

20

capital

Shellmar Prod Corp common..
Slgnode Steel Strap common
Sinclair Oil Corp

United

Advanced Aluminum

Nov

8%

25

Cummings

Trane Co (The)

-12'/a

STOCKS—

8%

7% May

33

..

.

25

Electric Co

Roebuck

173

50%
38%

10

Electric

1,000

Feb

18% July

403/a

51%
com

Oct

8'%

6

May

48

Fruit Co

Shoe Machinery
preferred

49%

54'%

—

__5

r

Sundstrand

Drill.

Uhlted

19%

Nov

13%

...

1

common

Stewart-Warner

Inc

Tor ring ton Co

Nov

38%

Apr

12%

79

16%

25

Suburban Elec Securities

12%

20

25

11'%

•

139

80'/a

Association

250

200

10%

—

20

common

Packing common

South

Pennsylvania RR-

63%

13%
38%

6

—

10

common.....;.—

(The)

Schwitzer

100

Quincy Mining Co.:
Rexall Drug Co

Butler

Jan

11% July

11%

—

—*

Sep

46

10

25c

2.50

Car

Co

Pennsylvania

20

20

Mining

<E

Jun

14%

Jan

10

—

com—2

new

common

Coal Co common
prior preferred...

5%

100

*

15 %

1

n

Corp

34%

Nov

—

10

—

Manufacturing

Sangamo

10

5

England
Electric
System
New England Tel & Tel

Sons

Sep

7%

8%

8'%

11

Peabody

42% May

62

46

1

New

&

26%

23%

.——_l_.,—..-*■

common

.

Assn

Nash-Kelvinatcr

(George W)

300

50

6%

11%

vtc

common

prior preferred

Modine

Jun

31% Mar

12%

*
*

134
20

62

100

Mergenthaler Linotype

8

36%

25

'preferred

650

31

57%

373/8

*

,

20

31

43

•

Copper

X19%

54%

l

^

Electric

Narragansett Racing

Borg

Jan

300

8% May

64%

National
3

100

Loew's Boston Theatre—

Brach

23% Mar

12%

__

«.

Montgomery Ward & Co—
100

Gillette Safety Razor Co...

Borg-Warner

16'/a May

38%

>

•

Oak

Bastian-Blessing

40

27%

53

5

Oct

Avco

Jan

9'% Feb

7%

8%

1—1

Products.

capital

Jan

Automatic Washer

Jan

x2T%

Oct
Mar

35

Co

64%

Nov

10'%

»

*

26%

&

27'%

—>

.7

common

Feb

Armour

Sep

17

73%

—

—...—.—*

Aug

&

50%

10 Vs

—

__

*

:

preferred

Lindsay Lt & Chem

19%

5

Group

Tel

11

27%

*

July

19

American

11% May

1,250

26%

Aetna

Jan

5%

North

Corp

9

20%

__

Northwest Bancorp common
—*
Nunn Bush Shoe common...—,.—2%

Admiral

350

5'%-

-

—

Oct

Rubber

10'%

20'%

1

Oct

S

Sep

20'%

*

com

common

95

Westlnghouse

Jun

20

250

26%

6%

2& %

11%

Sep

United

Jun

Sep
Nov

11

Aug

Twist

12

18'%
xl6%

11

17%

Union

9%

—

9'% Mar

50
»

10

capital

74 Vb

Webster

150

18

550

21

16%

30

365

&

10

21

100

163

100

Eastern Steamship Lines Inc

U

21

17

23

Stone

9%

—

xl6%

7'%

51

22

Shawmut

Sep

9%
14%

17

100

Butte

Oct

51

pfd adjustment—_—

North

May

17

5%

Service

Jan

7%

51

10

National

19%

65%

*

84

Central

Nov
Nov

25

84

.5'jo

8 3%

5.34

50'% Mar

31%

1
3

100

Maine

200

Jun

16% May
9% Jan

14%

—

1

cap

B

Kennecott

9%

110

Nov

313%

10

common..
new

8%

6%

*

615

'

RR

I

General Capital

8ep

—

1

preferred

General

Feb

13

350

•

common

403/a

100

National

82

200

6%

50

6%

First

40

133%

6'%

1,0^0

common

Co

97

133%

5%

35%

*

preferred series A

Employers

Nov

Oct

Massachusetts Street Ry—

1st

Jun

59'%

119% 120

w

100

.

Prop Trust.....

Common
6%

J an

3%

97

-

Service

Eastern

10 %

'

a

__

Calumet & HeclaCities

34%

Sep

2% Nov

133%
—

Warrants

Libby

Traveler Corp..
RR—

&

Nov

7%

400

53%

35

Maine

Boston

34%

200

2%

57%

common

Indiana Steel

High

Railway—

Personal

Aug
May

8'%

5%

343%

19

RR

prior preferred

Boston

Low

1503% 151 %

343%

100

«

34
40

2%

57%

common

Dk

Brew

Inc

Independent

Range Since January 1

15

37%

Herald

Nov

*

Inc

Stamped
Boston

Shares

39%

—

Albany

Elevated

Boston

Illinois

High

39%

Boston Edison
Boston

20% May

8%

'

100
...

34% -34%

1

Werner Corp common
Spencer Bartlett common

Hibb

Range

July

Sales

Par

American

(G)

Horder's

Last

100

High

Feb

10

Hammond Instrument Co common

Week's

x34%

25

97

5
10

Feb

Hamlschfeger Corp

Friday

25

3d

2%

*

Inc

Auto

Jan

Heiieman

Boston Stock

10

39'%

—

Brewing common™—1%

Paper

Flour

44.%

43

32%

3,800

Jun

Jun

45

Low

26'%

39

—

1

42

$14,800
12,000

Range Since January 1

High

32%

—

10

common

Corp class A

Jan

25

Shares

25%

25%

—

j. referred

common

Mfg

Gibson

Transit

5s series A

(new)

Low

25

22

23%
105

100

48

42%

"tar

.—50

common

(new)..

Cumulative

Jan

BONDS—

Baltimore

for Week

Co-

Eddy

—

Bank

22

105

—

.—.2

Casualty

& Guaranty

National

22

100

preferred

TJ

22

.—5

........

—

prior

Sales

Range
of Prices

'

Jan

5

Sep

-

Consumers

High

13%, Jan

190

161%

Commonwealth, Edison

Domestic

Common

Week's

Last

Sale Price

STOCKS—

Shares

13%

*

Ilioo

vtc

U

Par

3.15

"

vtc

NOVEMBER

for Week

Par

common

ENDED

Sales

Last

Arundel Corporation
Baltimore Transit Co

WEEK

Exchange

Friday
STOCKS—

FOR

Monday, November 29, 1948

EXCHANGES

'

RANGE

CHRONICLE

21%

Jan

Jun

18% July
16%

Jan

4 Vi»

Feb

8 %

Nov

1134 May

18% Mar

26% May

7%

Nov

42% July
x25% Feb

5% May

23%

Jan

45

Jun

29%

29%

30

200

42

11%

May

11%

12

40'J

8

Feb

15

Jun

100

6%

Oct

11% May

...

7%

7%

OTHER STOCK

Week's

STOCKS—

Low

Par

Corp

Distillers

Schenley

Steel

Standard

Studebaker

600

900

5

26 3A

17 'A

73%

73%

1

13%

13%

100

—1

22%

23'A

1,300

Spring

Corp common.

Feb

23

Jun

69% Feb

200

Sep

*7% July
32% July

14%

1,900"

16 %-

91

Jun

Members
New York Stock

Ford

Jun

29

16% Mar

Oil
& Co

Corp.
common

800

9%

Feb
Feb

100

11%

Nov

DETROIT

3% May

U%

17% May

WOodward 2-5525

Telephone:

Detroit Stock Exchange

Cincinnati Stock Exchange
Sales

Last

Range
of Prices

Brewing

Burger

Cincinnati

4%

17

.

Gas

Elec

&

preferred

—loo

:

;

Cincinnati Street

—25

—

—

—50

Sub Bell Tel„

Cine &

5%

Eagle-Picher

—

—

1

Kahn

(E)

Sons

IITo

common.

preferred

"Tioo

u.

Bank—.—

Western

19%

Mar

81

Jan

Apr

13

Jap.

10%

50

19 Va

43%
65 y8

Davidson

—

Motors

Edison

-i_.

_

40%

Feb

48 %

Oct

82 Va

Feb

71%

Jan

Frankenmuth

Brewing

Rolling Mill
Tel

—

-

7'A

Apr

245

Sep

Fri'ars Ale

Jan

8

Jan

Fruehauf Trailer common..-—

7%

Nov

24 Va

414
•

312

151%

151

151

common

——

Chesapeake

25

Ohio

&

32%
158%

Mar

148

Oct
Jun

Nov

35%

34 %

34%

34 Va

208

,

Nov

,

45% Jan

City

&

Ice

;

Fuel

10

T—

40%

44%

64

32 V#

Feb

65%

Jun

*

Service

Cities

27%

27%

20

26%

Nov

32%

Jun

10%

11%.-

408

10%

Feb

14%

Jun

26%

26 %

4

60

24%

Feb

31% July

27%

27%

20

21

Feb

31 Va May

_

_

•

Columbia

Dayton

10%

Gas

Till 7

Light...

&

Power

—

-*

*

Fed

Department Stores

,

General

5 7'A

—,

i— —

Packard Motor Car—.—

.

Pennsylvania RR
Oil

*

8%

90

7%

Nov

23%

106

25%

Feb

41V# May

11%

22

7%

Feb

17

17

50

14%

21%

22 %

22

21%

73%

1

69%

Feb

25%

90

25

Nov

10

73%

;r

—

v

U

S

R

25

25

Steel

,

Jan

Feb

23

Jun

Nov

29

7l2.50

Jun

35 Va

Jun

43%

10

45%

71%

90

24%

70

24%

54% May

67% Mar

24%

—

—

Howell Electric Motors

Hurd

Kaiser-Frazer

■

■

Week's

Sales

Last

Range
of Prices

;

•

Akron

V'.'

Wines

Mfg

Brass

—

T

50c

Feb
Nov

87%

100

(Un)

American Tel & Tel

;

500

Motor

Products
Wheel

Motor

131

al51% al5l%

Electric Mfg common.——
1
Chesapeake & Ohio—
——25

—_

Apex

3%

Jun

3

20%

*
(Un)——,—1

147% Mar

158% Jun

Manufacturing

Eaton

Industrial

Jones

4%%

Rayon

12%

Feb

18

Oct

185

73 y2

Sep

81%

Apr

38%

156

34%

Feb

42%

Oct

23%

125

23 y8

Nov

34 V2

47%

69%

Oct

10

78

Feb
Feb

a

43

May

50% Mar

66

Nov

a43

25

14

1,264

13%

29%

144

103% 103%

10

29%

29%

100

13

13

a

14 %

34%

12%.

T

10

9%

9%

—1

30%

4%
a21 V8

—————-1
——I
1/
class B—
—„
.-*

Acme

3%

National Tile & Mfg-,;-.,

Ohio Brass
Ohio

Oil

(Nn>._

of America (Un)

Republic Steel

Rickel

common

Refining

&

•

(Un)
Chem.

Youngstown Sheet & Tube.

For footnotes,

see page 42.




—00

18

Feb

6%

450

6

<56

125

29% Mar

39%

100

11%

Nov

15

13%

546

10

Feb

15%

850

32%

62

5

500

126

Jun

9%

24%

July

17

Aug

19%

Oct

759

52%

Feb

65%

Oct

892

4%

Sep

3

215

100

Nov

5%

Jan

13%

13%

153

13

Nov

15%

Jun

11%

785

11%

Nov

18 Va

Jun

6%

6%

200

6 Va

Nov

8%

Jun

12%

13%

1,525

12%

Nov

2%

2%

110

2%

Nov

8%

8%

200

8%

Nov
Nov

3

Oct

13

'

To

13A

Jan

15

4% May

2%

150

2%

1%

400

1% Mar

l7/a May

1%
1%

1%

1%

300

1%

Nov

2% May

1%

1%

400

1%

Aug

1%

1%

1,700

_

1% July

Jan

2

Jan

29% May
22% May

24

24

_r_5 >'

20

20

100

19% Aug

13%

14

300

13

—

2y8 May

21%

100

13%

Shellcr

Manufacturing

Udylite

Corporation

——

T

Sep

Jan

17
3 Va

Jun

5% May

21

2%

29

Feb

5

May

Nov

8%

Feb

12

Oct

13%

14'A

800

Feb

16%

Oct

9%

390

12

6

Jan
Sep

DA

1

1%

9%

NOV

100

6

Nov

7%

500

1%

Feb

2% May

1%

900

1%

Sep

2%

Week's

Sales

Range

for Week

Bale Price

of Prices

Friday
STOCKS—

"v

I

CO

Basin Oil

20c
Inc—33 %

17%

17

2
1
f

6%

Corp
Oil Corp..——
Broadway Dept Store—
Byron Jackson Co
Blue

Diamond

Bolsa

Chica

Packing

Investment

Central

^

Derrick
Co

Hupp

com—•
1
—50c

Ltd class

*
6.66%

—

9%

19%

60c

Oct

Mascot

47

Apr

Menasco

35

Jun

Manufacturing Co_„—
Merchants
Petroleum Co—^
Monogram Pictures Corp _—

87%

Oct

National Cltv Lines Inc.

16%

Feb

22 'A

50

7%

Feb

80

22%

Feb

288

41

Feb

Feb

May

Nov

20

Mar

6%

Feb

8

Aug

2,270

6%

Nov

13%

Jan

770

9%

Nov

15

Jan

7%

7%

10

10%

-

25

26

Feb

34% July

a35% a35%

70

28

v

Feb

38%

29 %

424

20% Mar

31%

al2% al2%
52%
52%

120

13%

Feb

20 Va May

275

52 Va

Nov

65 V*

Jun

5%

485

5%

Nov

6%

Sep

18%

170

12% Mar

22%

29

24%

67% Mar

13A

1%
a71%

100

1% Nov
65%

Feb

3% May
89% Nov

National

Nordon

Co

---1

—....

Mallinson Fabrics
Corporation Ltd —

:

Oct

Aug

400

9%

Nov

12%

Jan

346

19%

Nov

30 V#

Jun

11

Feb

15

Oct

60c

Feb

95c

Jan

'A

9%
20

10

65c

950

a5%

10%

1
1

5% Mar

225

10

Jan

1,053

51

Mar

100

39

Mar

10

Nov

15%

Jun

65% Nov
48% Oct
14 V#

Jan
5% Aug

10

346

3%

950

13

13%

310

13

mpy

10

12

pep

18% Mar

3% Aug

4% May

2%

2%

50

10

10%

500

20c

1,500

8%

8%

530

41%

42%

20c

--

1.55

8%
14c

8%

Jan

22%

Oct'

17 y8

NOV

Jun

34c

Jun
Feb

Feb

15

Jan

Nov

51

Apr

910

41%

a24% a26%

215

20% Jan

1.20

1.25

1.300

1.10 Mar

17%

a24%

17%

238

14%

Jan

24%

Jun

90c

Jan

1.30

Apr

95c

95c

100

1%

1%

IT's

478

1.15

1.15

1.35

3,200

3

1
1
,1
1

75

U

59%
a42% a43%

11% Jun

all% all%

—

—

22%
49

19%

10

—

Oil

Feb
Nov

900

57%

Oct

16

111

21%

60c

Jan

21%

al8% al8%

9

Jun

3%
13

Co—33%c

Jun"

50

13

50

a5%
11

57%

Jade Oil Co

Kaiser-Frazer

Nov

all% all%-

1

Corp '4__———;

Jan

17%

21%

Equipment Co com_5

&

Jun

77%

Feb

5%

al2%

al8%

A————1
Farnsworth Tele in Radio Corp
1
Garrett Corporation
(The) ———2
General
Motors Corp common
10
Goodyear Tire & Rubber Co common—*
Oil

Exeter

28%

Feb

10%

18%

29

—•

,

Feb

52 %c

122

a26% a26%

—

:——20

Industries, Inc.

21%

600

7%

A:

———1
Chrysler Corp
2.50
Clary Multiplier Corp .——
•

Dresser

Jun

65

17%

6%

7%

Certain-teed Products Corp

Consolidated Liquidating Corp
of America

7%

al2% al2%

Corp com——*
Corp.—.—— 20

& Iron common

High

4% Sep

3,020

55c "

55c

——

Appliances

Home

Bendix

1,225

a20% a20%
55c

Barnhart-Morrow

1

Range Since January
Low

5

4%

4%

Company
1
common..—-———— 10
Consol
.——1

Bros

Shares

High

Low

Par

Petroleum

Bandinl

Jan

Angeles Stock Exchange

33%

Jun

210

12

1%

1%

15

Jun

440

Jan

5%

333

1

Products pom.—

—————10c
Corp
1
Kern County Land Co
5
Lane-Wells Co
1
Lincoln Petroleum Co
10c
Lockheed Aircraft Corp——
1

43

71%

8%

1,630

6

Jan

a26%

Jan
Jan

4

6'/a

1%

Sep
Jan

Nov

70 %

33%

10%

6

—

Apr

6'A

■

3% July

10%

1

35

Jan

4% Mar

Nov

25

9%

1

._—

S

22%

Nov

3%

3%
6Va
10%
13%

10
1

Scotten-Dillon

25

25 y8

1

48

200

4 V# May

1%

5

Feb

a71

Jun

22%

2%,

Holly Development Co.—
Hudson Motor Car Co .....
Hunts Foods Inc common..

Jan

a26-

70%

•

1%

Hilton Hotels Corp

26%

42 %t

2%

.

Jun

33

42

■

8% Jan

11%

11%

.

5

May

35

% a28 y8

9% May

4%'

18
59

3
-

*

Paper..—

Independent Exploration
50

Jan

23 Va

Feb

5 Va

57%

4%

common.———2

W)

(H

13% Sep

Jan

100

a26

(Un)

RLchnian Bros

Warren

22%

—

Standard Oil of Ohio common.
U (3 Steel

42

36

.

1 % May

465

Jun

16% May

al2

Nov

800

Jun

Jan

12;

Feb

70c

3%

33

Feb

a

3

1,400

25%

107

Feb

17% al7%

1,150

18

10

—

Feb

11 y8

*

Pennsylvania RR (Uni—
Radio C.prp

—

Davis

Parke

Mar

22

101%

31 y2

a

3
70c

Feb

preferred

39

.50

Jur.
Jan

3

Feb

Colorado Fuel

39%

39%

3%
4'A

4%

Oct

a307/s a30%

;

Feb

2%

Jan

75

3 %'

2 Va

300

17

100

150

a21%

Feb

3,001

37/a

300

50%

Oct

35

9%

May

24

y2

13%

12

12

12

26

Feb

4

38% Mar

al4%

a313A a32

(Un>—1——*
& Trans———*

Steel

-•

National

39

a42% a43%

34%

Mar

19%

*

common—

Creameries

,

22 Va

300

2%

Emsco

£.___——*

(Un)—
(A G) class B—:

31% Mar

446

a43

——.—*

L

9

58%

57%

Metropolitan Paving Brick———.——4

McKee

92% Oct

a37% a38 %

57%-

910

24

4%

California

90

195,143

3%

Apr

25

a23%

(Un)_———1—1

Lamson & Sessions—
G

Jun

720

*
——:*

<Un>—,

Island Lime

Martin

19

77 V4

pfd—

Steamship
Laughlin

&

Kelley

cum

—,

Interlake Iron
Interlake

Feb

16 Va

..

—

(Un)
•
(Un>_——10

Goodyear Tire & Rubber common
Gray Drug StoresGreat Lakes Towing.

Harbaue? Co

Jan

-

General Motors common

A)

45 "A

14

90

General Electric common

(M

Apr

68

Electric Controller

Hanna

12%

a64% a64 Va

—

4

—

Feb
Nov

8%

160

38%

A-"

23

57'/a

2

....

Nov

23%

2%

Nov

16

a23'A

v -

Jun

21%. Jun

-

Nov

2

263A May

Feb

77

Cleveland Electric Illumln com
Cleveland Graphite Bronze

•

33

Last

15%

16

Nov

6%

May

22%

High

a34'A a34%

■———100

$4.50 preferred

4

20

,

70c

common—_1
1

Los

15%

1

Cleveland Cliffs Iron common—.

100

7,708

3

Range Since January 1

34

—,—;—_—1

Controller

Clark

4%

Packard Motor Car common.—,—*

Barker
100

10%

Jun

Nov

20%

——

_

common..

—

10%

10 %

1

Murray Corp common.—
National Stamping

'

15

a24

a24

5'%

Oct

Jun

-33

Low

3%: 3%

3%

Products Com (Un)— 1

American Home

375

3?!

—
3%

1

;

1

—

common..

Products

McClanahan Oil

,

Shares

High

Low

Par

Jun

6

1

—_—

for Week

Sale Price

T

■

Jun

10 Va

23%

1
*

—

L—.—

Screw

Masco

•

Products common—i.—

Kingston

Kinsel Drug

LaSalle

-

com—

Radiator common
Warner Aircraft common

STOCKS—

65%

6% Mar

Mfg common——__5

&

Lock

'

Car common.

Motor

Hudson

U

Friday
;.V

—

Houdaille-Hershey common——

Cleveland Stock Exchange
;

52'A Nov

100

20%

20%

1
2%
*

Manufacturing——

Wayne Screw

■

450

Jun

92%

70%

70%

_—i

Electric

Paige common

Jun

7%

1

Gerity-Michigan Corp
Graham

17%

Jan

15

43%

B

Wcstingnouse

53

4%

*
—10

Manufacturing class B

River Raisin

*

Timken

22 Va May

11%

"7,25

(Ohio)

Oil

Standard

Feb

29 %

——_.

(N J)

16%

50

17

'

Standard Oil

5% May

7%

O

Brands

46 % May

4 Va Mnr

29%

15

Oil

Vacuum

34% Mar

7%

«

Corp

Socony

Standard

65 %

•29%

_33 VaC
—

*

Radio

50% Mar

32

70

'4%

4%
17

— —

42%

10

B8%

4%

"~50

—

Pepsi-Cola
Pure

38%

Jun
Oct

Mar

20

59%

38%

0

Register.—

Cash

57 V#

IITIio

•

•

153

37%'

36%

_

Motors

National

36%

•

Electric

General

14%

Apr

1% May

7%

1

Industries—

Wood

General Motors common—

Hoskins

—

14%

100

1% Sep
12% Feb

9% Nov
Gar

25%

24%

24%

.—100

Tel

&

10 %

300

8'A

5%

_1
_1
1
—1

__——

6 V2

215

24

7

Gemmer

American

26 Va

Nov

1%

52%

10

Electromaster

Stocks—

American

Nov

1

l

Products—i

Detroit Steel

30

7

7%

—lo

Feb

ID/a

200

7%

Feb

•'

Unlisted

2%

125

8'A

' 2%-

19/64

Rights _
———:
Detroit Steel Corp—.

Jan

Jun

100

11%"

8'A

—

1
5
20

Nav__;

Jan

2%

2%

1

1

!_

Cleveland

High

LOW

11%

2%

—

1

Range Since January

High

Low

*
2V2

—

Bros

&

Detroit

July

16%

common

Corp

278

216
..

58

21

Mar

—

Burroughs Adding Machine com
Continental

25% May

Nov

13

1,078

«'

,

Jan

Detroit

Nov

45

100

13%.

8%

16% May

19

355

202

II Z~-Q

——-

73

70

46

216

216

!

___»■

Jun

42%

:

64%

B_—_—

102%

May

64%

43

■

ciass

—

19%

13%

—

Kroger
——_A—
;_r——
ProcterGamble_.____.___
8%

T'

19%

*

Randall

12
'

19%

19%

Art

Mfg Co common...

f '

19%

»

Gibson
Hobart

77%.

.

46

—in

Nov

5

184

6%

11%
■

90

23

Chrysler

76

*

Cincinnati Union Stock Yard_____

Shares

1
2
1
1

com..,;

new

common

Brown-McLaren common

Jun

1,186

94

5%

76

Apr

zy%

Rubber

Baldwin

_

Prod

Metal

American

Feb

265

-

•

Electric common

Allea

Jan

23

[

■'

'

32'A

:.

Nov

17

26%

"

T
■

--

■.

26%

Nov

17

18

17

.

High

Low

26%

100

93%

26%

for Week

of Prices

Par

Range Since January 1

Shares

27

27

common- —8.50

STOCKS-

High

LOW

—20

—

?

'

Par

Mach._

Laundrv

American

Sales

Range

Sale Price

Frlday

for Week

Sale Price

Week's

Last
Week's

Friday
STOCKS—

Exchange

Chicago Stock Exchange

Building

15% May

11%

ll'A

ll'A

Corp

Wilson

11%

2 %

Sunray
United

New York Curb

Exchange

Detroit Stock Exchange

15% May

Feb

11%

& CO.

WATLING, LERCHEN

Oct

33%

Nov

23

5'A

-25

Oil of N J

Stanaard

27 Va

5y8

16 %

...15

i • •

i

High

,

Feb

25%

-1%

Corp-.

Oil Co Inc—

Vacuum

Socony

.2%

_

.

Low

High

4

25 3

common..

Rexail Drug Inc

\

Range Since January 1

5Va

*

Steel

Republic

for Week

Shares

26

Sales

Range
of Prices

Friday
Last
Sale Price

35

EXCHANGES

WEEK ENDED NOVEMBER

FOR

RANGE

(2255)

CHRONICLE.

COMMERCIAL & FINANCIAL.

THE

Number 4755

168

Volume

3

200

7%

140

all% all%

50

21c

19,100

7%

15c

15c

D/s
95c
3

Apr

30

1.60 July

Jan

3% Mar

July

1.55 July

Jan

6% Mar

Jun

6
9

May

-«

14

Aug

lie

Nov

24c

May

15
•

Jun

36

(2256)

THE

COMMERCIAL &

FINANCIAL

CHRONICLE

Monday, November 29, 1948.

OTHER STOCK EXCHANGES
RANGE

Friday

Week'a

Range

Shares

Par

Northrop

Aircraft

Oceanic
Pacific

Oil

Inc

Co

6%

1st

Pacific

10%

125

6%

Feb

2.75

3%

12,600

1.95

Feb

18 Vis

100

15% Mar

21%

Jun

36

Jan

10

18%
3i y.

31%

Pacific Lighting Corp common

Republic

Petroleum
Finance

Rexall

Drug

Rbeem

Rice

Oil

Stores

Seaboard

5%

5%

320

5

18

al8

50

80c 87 %c

2,300

26%

Company

1

4% Feb

49

Mar

125

17%

Nov

970

15%

Apr

20%

39%

765

42%

65

38 %

38%

690

9c

28%

Feb

9c

,

Oct

44 %

1,000
111

34c

1,347

25c

Sfcp

55c

22%

1,666

15%

Feb

32%

a9 %

a9%

50

8%

Feb

22c

Feb

25

Mar
Mar

27

27 %

550

26

May

28

25

Transcontinental
Union

Oil

of

&

United

States

Universal

Steel

Baldwin

26%.

504

24% May

28%

Jan

361

22%

Jan

25%

Feb

27

27%

300

26%

Nov

29% July

Consol

Oil

33%

175

32%

Feb

34%

Curtis

62% July
72% Jun

Delaware

Electric

49

Jan

49

52

765

44%

Feb

63%

63%

446

55

Jan

11%

11%

708

9

% Feb

25

19%

19%

19%

190

19%

Nov

15% May
23% Oct

390

11%

Nov

20% May

10%

Nov

13%

11%

10%

..

11%

10%

lnc_5

a

commort—.25

29%

10%

10%
89%

36

I

10%

75

2,786

13'/a July
Feb

Jan

20% May
38% July

21%

89%

10

93

Feb

70

72%

914

67% Mar

86%

Oct

'36

36%

910

35

44% July

70%

10

1,329

29%

a

29%

*/
•

Co—:

,

.

8934

Nov

Nov

Mining Stocks—
None

sold

this

Budd

week

Allis-Chalmers

Mfg

American

Power

Co—

2%

*

Light

*

Airlines

American

a

'

100

2%

a27% a28 %

27%

2%

-

Tel

&

Tel

Co

Anaconda

Copper Mining Co
Corp
Co (111)
Topeka & Santa Fe

Atchison

Refining Co
Mfg Corporation

Baldwin

Locomotive

Barnsdall
Bendix

Oil

Bethlehem

Columbia Gas
Commercial

Solvents

Curtis Publishing Co
Curtiss-Wright Corp

Goodrich

(B

Co

Graham-Paige Motors Corp
Great Northern Ry Co preferred
Interlake
Int'l

Iron

Nickel

International

of

Canada

Loew's

17 %

a25 %

Storage

Inc..

Nat

Distillers

New

York

North

Corp

Prod

North American Co

Pacific

Ohio

__

Packard

Motor

—

-

_

dlv preference

Socony-Vacuum

Oil

Southern

Railway

For

63%
14%

Nov

27%
28 %

3%

Feb

14%

Oil

50

25%

Nov

33%

50

7%

Feb

13

4%

Feb

Mar

20

9 % Feb

245

32

34%

14%

69

127

70

Mar
Feb

11%

Nov

51%

Feb

3

Nov

42%
40

page

42.




Mar

Jun

13% July

-

13%
11

18% May

545

51%

15% Mar
49%

56%

1,793

Sep

Jan

50% Mar

65%

50

17%

Feb

25% May

340

Oct

13

Nov

-

5%

30

9%
4V2

%

465

%

7%

683

17%

18%

16%

17%.,

Feb

Oct

May

7% May
1

.

5% Mar

May

1,676

8%

17%

Sep
16% Feb

Oct

20 %

20%

37%

38%

76

36%

Oct

20%

July
May
48% Apr

21%

5,652

20 %

NOV

24% Jun

24%

175

21%

Feb

25

40%

713

28

Jan

289

20%

Nov

25%" 26%

45% July
23% July

520

25%

Nov

28% July

22%

,

389

16%

Feb

27% July

7% Sep
39'A Mar

50 % May

3,921

„

23%
39 %

39

21

20%' 21%

26%

10

47%

23%-

10%

210

47%
10%

-

48%
10%

150

"

22 %

Mar

12%

Jun

100

10 %

Nov

10%

Nov

69%

70%

265

50% Mar

70%

Nov

2%

2%

2%

1,021

2

19%

19%

20%

1,339

19%

20%

20%

23

20% July

24

36%

36 %

36%

25

32

39% July

15

62%

Fort

Steel

Co

Feb

3% May
23 % May

Nov

Mar

Feb

Gas

&

Electric

Commercial

Pitt

5%

San

United

Jun

16%

25 % Mar

33%

53

Apr

62

10

Nov

16%

42%

Feb

60%
10 %

15

Nov

19%

13

Apr

13

al5

86
5

350

9

130

9

Aug

12

11

217

10%
2

2

12

12

12

Nov

25%

72

23%

Feb

39 %

Jan

10%

200

7% Mar

10%

Sep

23

35%
20 Va

21%

35%

40

31%

20%

323

18%
6%

Feb

2%

3

Feb
Nov

common

-

9

Aug

200

Jun

3%

Sep

11% Mar

24%

Nov

3

110

2% Mar

3%

Jan

52%

Jan

32

32

32

273

30

30%

32%

160

30%

Nov

9%

255

7%

Feb

10c

....—1

Brake

May
36% Aug
23% May

200

3

1

—.—

27

3

8%

Mining

Jun

22

30%

10

2%

Feb

110

8

21%

c

—

States Glass

32

8

3

Jun

Jan

Nov

22%

*

14%

2

•

20%

Feb

Jun
Jan

11%

25

5

10%

149

33%

1,119

10

common

Electric

10c

"

1,500

Mar

10c

Mar

39%
v

10
19c

Jun
Jan

May

5%

5%

100

5%

Nov

10

30

32 V8

Apr

29%

368

29%

Nov

24=

39 %

Jun

24

24 3A

285

24

Nov

33

Jun

*

Corp

16

1,020

July
Jun

31% Mar

12.50

63% May

Feb

15% Mar

21%

Jun

380

17%

Nov

13%

517

22% May

12% Mar

18% July

8%

820

8%

Nov

:a

15%

57

15%

Nov

173A

18%

13% May
16% Jan

a

53

17%

Nov

27%
40%

a

10

26%

Feb

4%

4%

1,495

4%

Feb

8%

10

21%

500

8% Nov
18% Feb

Jun

5% May
11 %

May

26% May

17%

73A

: 8%

625

54%

360

41 % Mar

57

32%

33

410

32 5

29%

29%

49 Va

515

May

25%

12%

12%

133

May

7 %

7 %

26%

27

a9

a28Va a28%

16 %

Feb

21% May

7%

Nov

22

8

Nov

Feb

44

15

Jan

160

7%

Nov

11

May

362

22%

Feb

33%

20

9%
26

Nov

13% May

32%

608

15

Feb

23%

115

35%

Feb

47

188

22%

Jun

Mar

52%

Jun

173

38

73%

356

71%

13%

145

11% Mar

22%

22%

Feb

Feb

85% Julv
18

29%

Exchange

Week's

Sales

Last

Range

for Week

Sale Price

STOCKS—

of Prices

Par

American
Brown

Tel

Shoe

&

Tel

common^—

Coca-Cola Bottling
Falstaff Brew common
General Electric

Genera! Motors

Low

100

z,—L.

common

(Un)

25
'

Shares

Range Since January 1

High

151% 151%
31

__

1.
—1

—

common

151%

15

31%

Low
329

150%

High

Oct

155%

190

27

Feb

33%

Sep
Oct

25

25

25

25

Nov

31

23%

__

23%

May

50

15

Feb

27

Nov

•

37'A

36%

37%

340

31% Mar

10

(Un)

Griesedieck-Western

Hussmann-Ligonier
Huttig s & D
Preferred

Brew

57%

57%

59

253

51

6

common

:

common

...

—

Hydraulic Pressed Brick preferred
International Shoe common
Johnson-S & Shinkle common

Knapp-Monarch

Laclede-Christy
Laclede

Gas

July
Jun

"

common

__

100

—

50

—

Mar

42% May
Nov

66%

„

common

__5

4

American

Rice-Stix

com

21

355

20 ¥4

14

100

11%

38

39

75

33

102

102

10

102

Nov

21

Jan

14

Nov

Mar

42

3A Jun

Nov

Nov

102

Nov

23 %

23%

100

22%

Nov

30

Mar

40%

156

39%

Nov

45'/a

Jan

Nov

12

Jan

9%

13

10

100

9%

10%

1

common

20%
14

,

39%

•

*

10%

100

8

Mar

13

13

110

13

Nov

11%

Oct

17

Jun

(Un)

10

common

5%

5%

18 %

Midwest Piping &
Supply com
North

20%
14

5

18%

19

150

13% Mar

22

15

15

15

64

14% Mar

17%
30

a

5 %

200

4%

Apr

6% May

__

1st

preferred

St Louis Car

100

common

lo

Jun

May

28%

13%

1,595

Apr

Sep

73%

17

Oct

Feb

17%

a39% a40 %

May

Feb

a40 a40%
a22

Jan

8

50

Friday

Jun

52%

691

St. Louis Stock

-

31% Mar

48%

18

16%

19% May

10%

10

preferred

Apr
Apr

170

a21 %

Mar

12

Apr

50

15%

21%

13

1

Oct

8% Nov

a8%

8%

342

Oct

20

a

13%

Jun

325

Feb

13%
9

10

Air

25

lo

—

SuDply

Westinghouse
Westinghouse

Jan

48

Feb

Gas

High

250

—1

.

Low

27

.1

com

Co

Range Since January 1

High

1

Manufacturing

Toy

13%

5
.

Shares

25%

*

Corp.—
common

Brewing..

Star

Low

«

Pittsburgh Plate Glass
Pittsburgh Screw & Bolt Corp

Oct

37% Mar

for Week

—..."

...

Pittsburgh Brewing

July

11%

Sales

Range
of Prices

•

...

Co..

Mountain Fuel

Oct

50

Week's

Sale Price

Follansbee Steel

Jun

30

a31% a31%

.

7

Jun

11% May
65%

875

^

59 %

10%

Feb

Nov

20

Inc

Lone

95

4%

13=

49%

250

17

13%
10

Mackintosh-Hemphill
McKinney Mfg

14%

8%

39%

8

51%

6%
17%

1

Jun

al5%

a

100- i

Nov

■

•

Jun

230

8%

a21%

Apr
Jun

592

8%

16%

57

.

_*

:

Ludlum

Continental

July

30%

a

15%

1

27 %

158%

12

Water Service—

Improvement

(D L)

Columbia

26% Aug
16% Jun

50

140

a

1

Co

8%,

High

Nov

5%

■

*

Duquesne Brewing new

12% July

Feb

50

*

25

21%

147% Mar

300

53 %

lo

Par

Jun

140

a7%

a54% a56%

2%

-12%

7%

r

1

Corp

Allegheny

Jun

% £25%

a32 % a32 %

-10

12"

18%

•

„

Gas

Low
480

1,885

11,

•

Corp..

Scranton-Spring Brook

United

Range Since January 1

•

23%

57% /

•

common

United

7>/4

50

Joy

-al4%

25

see

Paper

Shares

High

51%

16%

common

Oil

10

24%

a8%

»

___

Jun

♦

38%

com

Feb

50

—5

s

49%

23

,

'~50

common.

6%

21 % Mar

a55 a573A

15

J)

Sep

16%

II3

Gas

320

a55

1.75

Inc

&

7%

4,350

7

(N

44%

Last

Oct

2%

a52% a52%
a9 %
a8%

a8%
•

Co

Jun

20

Friday

Jun

55%

a

30%

*

Oil

33

150% 151%

..10

STOCKS—

May

1,220

25

14
May
24% May

Nov

Pittsburgh Stock Exchange

Jun

Sep

a

(Ind)

footnotes

Scott

Clark

17%

a42% a42%

Co

Corp

Dome

Jun

23%

*

Oil

Webster

Reading Co
Salt

El

preference

Blaw-Knox

365

3 %

*

Nov

25

•

Harbison Walker Refractories

3

•

Co

Nov

17%

24%

8%

•

common

div

16% Mar

_1

5

Brands Inc

Si

Corp

Service

$1.40

Apr

29%

Co

Standard

Stone

...41

32%

Corp
Regis Paper Co
Schenley Distillers Corp

9%

40

140

1

...

Westmoreland Coal

May

17

Republic Steel

10'%
16%

51%
■

'

common

Nov

a60% a60%

Inc

Studebaker

19

254

4,640

a38

*

7%

Radio-Keith-Orpheum Corp—

a

a

%

8%

a37

1

Corporation

10%

-50

11% May

„

Feb

a37% a38%
all% a 11 %

a38

*

_

Inc

St

Standard

33

Feb

10%

all% all%

Company
Corp of America

Standard

815

7%
7%
a20% a20%

a20%

_

Co

Airways

19

15%

Low

.10

410

a7%

1
...

49% May

-5

...

395

a25

Oil

Radio

309

8%

13%

_

Apr
3% May

Feb

a24 a24%

49%

9%

7%

___

Pictures

Phelps Dodge

Pure

3%

•

__

Co

Feb

23%

.10

22%

7%

Pennsylvania Railroad Co
Pepsi-Cola Co

Pullman

11'%

•

Car

American

Paramount

Ry

2 %

38%

113

Sales

.—13%

Battery
Corp

Brothers

July

18

Company

Light.

8%

•

Inc.

Nov

80

175

for Week

■

22%

a 54"%

RR—

Aviation

Northern

Pan

Nov
Mar

«

...

Corp..

Central

American

Oil

Mar

17%
17%
a25% a25%

18

Montgomery Ward & Co Inc.,.
Nash-Kelvinator

65

Jan

51

22%

a

Robibns

&

Oct

47

10

•

&

10%

a2%

a*

28% Mar

90

a55%

Magnavox Company

a9%

Range

12

42% July

150

3%

•

39%

NOV

15'A

Inc

McKesson

50

30% Mar
22%

160

_*

Paper Co

Tel & Tel Corp..
Copper Corp..
McNeil & Libby

Kennecott

July

Week's

'

37% Jun

39 % Mar

a8%

*

International

Llbby

40

*

Corp

Co

535

120

10%

•

-——

Aug

30

Jun

•

Corp

92 %

Feb

Jun

10%

•

Utilities

Nov

23%

of Prices

.

Corp
Pennsylvania Power Si Light
Pennsylvania RR
Pennsylvania Salt Mfg com
Philadelphia Electric common..

$3.50

Corp

F)

17%
44

Feb

34%

13%
13%
a52% a53 %
41%
44%

5

General Electric Co
Public

Feb
Feb

a8%

25

1

Foods

12%
27%

a39% a40%

1

common

49% July
7% Oct

33

*

A

Feb

20

5

Electric Bond & Share Co

83

145

a42% a42 %

1—2%

J

Co

Power

Westmoreland

117% July

Sep

4%

100

5

__

Jan

37%

100

—1

(The)

91

93

12%

a55 % a56%

1

Crown Zellerbach Corp

150

25

a

151

Pennroad

Sun

May

650

a20% a20%

*

...

170

36%

a

33

a 39%

*

Corp—

7

12%

33%

10

Corp

Continental Motors Corp
Continental Oil Co (Del)

General

15

36%

*

inc

Consol Vultee Aircraft

General

31% May

a

25

Commonwealth Edison Company
Commonwealth & Southern Corp
Consolidated Edison Co IN Y)

Class

40%

Nov

.———*

System

Jun

Feb

Nov

6%

5

—.

Oct

a

—13

Common

Sep

7%

a36% a36%

5

Canadian Pacific Ry Co—
Caterpillar Tractor Co
Cities
Service Company

46%

a33 % a33%

15

Company (The)

Nov

32

5

—

39%

Oct

16% May
157% May

27%

13

•

Eoeing Airplane Co
Company (The)

10%
-

60

a7%

a99% alOl %

5

Borden

Nov

12% Mar
148% Mar

27

6%

Corp

170

7%

Mar

307

a7%

a36%

—

39%

345

1,788

10

a24% a25%

3

Works—

lo ;

Nov

a34% a35 %

a7%

25

Borg-Warner Corp
Budd

34%

Ry—100

Corp

Steel

a

5

(Del)

Co

Aviation

6%

40

150% 151 %

10

Atlantic
Avco

260

39%

50

&

Armour

150%

*

Steel

Armco

29%

6%

a7%

14%

100

American Woolen Co

43

a24

100

Works

Lehigh Coal & Navigation
Lehigh Valley RR
National Power & Light

4% May
41% May

Oct

305

6%

a7%

American Radiator & Stand San Corn •

American

Nov

a7%

1

&

Nov

*'

Corp
Publishing

Philco

1

...

37%

Sale Price

II

Locomotive

General Motors

$1

Stocks—

Corp

670

a2%

.

Company

Public

Unlisted

Alleghany

37%

a9%

•

Chrysler

33%

11%

Corp

Apr

a39% a42%

Par

24%

50c

Air

Oct

25%

a83% a84%

*

American Stores
American Tel & Tel

24%

•

....

9%

Nov

Last

33%

————„2

——

Nov

18%

Friday '

26%

•

Western

California

Prefered class A

6%

100

10

STOCKS—

July

1

Corporation

306

Philadelphia Sfoek Exchange

Gimbel
Transamerica

Jun

7%

37%

39%

a

12%

Woolworth Co (F W)

24%

•

:

32

7

5

Western Union
Telegraph Co

42% May

25

common

Feb

1

30% July

36

Southern California Gas 6 pfd cl A—25

Textron, Inc

19%

25

10

Inc

Oct

10

—-:

395

23

al9% al9%

__

a34%

(Del)

May

215

994

Calif

68% July

10

Pictures

14'/a Mar

122

38

Company—.—

Feb

__

Jun

22%

25

Sunray Oil Corp common
4'/a% class B preferred

Inc

Mar

22

168%

28%

pref

49%

Jun

9c

172

29c

168%

38

preferred

Jun

180

65%

52% May

28

cumulative

of

Feb
Mar

—25

convertible
cumulative

32%
46

com__25

——

66%

37%

Co

Bros

Fed

Nov

49

Rubber

Jan

53%

Jun

47%

Lines

36%

245

.5

Westinghouse Electric Corp

20% May

17V4

39

•'

Ltd

U S

Warner

Jim

7

17% al7%

1

Pacific

15% Jan

1,100

16%

15

Southern Calif Edison Co

Standard Oil Co

1,670

5%

25c

Co

4.32%

May

27%

Air

Corp

United Corporation

Nov

1.30

17

*

4.88%

21%

39

Sinclair

4.48%

Nov
Nov

5
a

30

Corp

United

7% May

20

Aircraft

Nov

a52%a54%
22%

50

Union Pacific Railroad Co
United

30

65%

•

High

585

„

•

Low

30

•

Co

Range Since Jannary 1

High

30

a53'%

*

Carbon

&

Low
__

10

Twentieth-Century Fox

Jun

1

A

Shares

25

__

Co
Associated Oil Co

Water

Union Carbide

Jun

0%

•

Co

Co

for Week

25

Tri-Continental Corp

Feb

60c

26%

5

5

Tide

July

32

&

Company
Texas Company
Texas Gulf Sulphur

Aug

Nov

a

Swift

Jan

28 %

Sep

1

Southern

Mar

3%

Signal Petroleum Co of Cal

conv

22

51%
55

Nov

306

al8

_—

4.56%

22

3,150

—

Sierra
Trading Corp
8ignal Oil & Gas Co class

Preferred

50

5%

Shell Union Oil Corp

Aircraft

Feb

24%

Security Company

Solar

35%

47% Mar

23

common.

Finance

Oil

49

5%

Inc

Sears Roebuck &

110
264

1

Co

Corp

Aeronautical

Safeway

50%

50%

a21%a21%

—

2.50

Manufacturing Co
Oil

Mar

.--1

common

Co——

Inc

Ranch

Richfield

Ryan

Co

33

13% May
3% Nov

30% Mar

300

50%

*

Seaboard

713

34%

50 %

•

Fuget Sound Pulp & Timber Co

31%

33%

10

...

Sales

Range
of Prices

Par

10%

25

Week's

Last

Sale Price

STOCKS—

High

2.80

25

Indemnity Co

26

Friday
Low

10 %

preferred

NOVEMBER

Range Since January 1

High

X

Finance Corp common.
Gas & Elec common

Pacific

Low

——1

,——

ENDED

for Week

of Prices

WEEK

Sales

Last

Sale Price

STOCKS—

FOR

St

Louis

Scullin

Public

Steel

Service

class

common—

A

50
•

1

Stix-Baer

Wagner

&

Fuller

Electric

common

common

27

20

24

Apr

132

132

40

131

Oct

137%

50

20

Mar

23%

200

5

Aug

16

May

20%
5

»

Sears Roebuck & Co

Sterling Aluminum

common

27

__

5

15

20%
5

19

39%
__

...

__

20%
5

"

19%

200

39%

40%

238

17 %

17%

10

13%

13%

300-

13

Feb

47

48

305

47

Nov

32%

7

21%

July
Jan

July
Jan

Feb
Feb

Oct

Feb

43

May

15% Mar

23

July

17% May
55% July

,

.

Number 4755

Volume 168

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(2257)

37

OTHER STOCK EXCHANGES
RANGE

FOR

WEEK

NOVEMBER

ENDED

26

Friday
.

PACIFIC COAST SECURITIES

Sale Price

Dean Witter

Co.

&

MEMBERS

Exchange

and other principal
14 WALL

Marchant

Martin

STREET, NEW YORK 5, N. Y.

Teletype NY 1-579

LOS ANGELES

-

Matson

Reduction

Air

Alaska.

'1

Gold

Mine

1*

!

Co

Atner

1

Ltd

Factors

(Un)

21%
2%

Nov

2%

23A

100

2%

Nov

19%

19%

200

19%

Nov

15 y8

15%

.

American Smelting & Refining (Un)—*
Tel & Tel Co (Unj_
100

200

High
26% May
4 V4 May

Sep

2%

250

a53%

a53 % a53aA

150% 151%

Co

(Un)

Distillers

National

.

LlnCn

Natomas

4% May
•27

24 Va

al5

al4% al5%

110

15

Nov

20

2.50

220

a32y8a32%

65

2.50

__

„

14%

14%

Company

(Un).—

24 V*

2.50

Apr
Jun

May

Nov

3%

Jan

32% Mar

246

9%

9%

3 6'/a

July

425

13%

14

23c

23c

2,400
425

N

Central

Y

North

RR

(Un)

——

(Un)

Aviation

American

■

a55 a557/8

145

17%

Jan

34%

Jan

19c

31

Jan

1.15

Mar

39c

Jun

A

-51c

Nov

May

|=

48 y8 Mar

65

18

18 VB

350 k

14%

20

15%

180

15% Mar

10%

10%

215 "

17%

18V8

512

17%

6%
.

6%

9%

6%

9% '

12%

100

440

8%

Feb

6

t

Jun

s

.i;
•

22

:

V4 May

6% May

Sep

? 11% Jan

Nov,
12% Feb,
8 V4 Jan

150

.'

Jun

13% July

9%

"

Jun
.

21%

17% Nov

1,000

^3

8%

12%

Feb

8%

•

3% Mar

15%

15%

1 i
-*
A*
1:

Corp.—

-

\

Jun

Oct

18c

a9%

a55

)

May

19%

Mar

a9%

—

__—;—X—

Nov

13

40

1,000

—I

.

840

14

16% July
31

Feb
Mar

9%

L90

1.85

—

•
5

(Un).

9%
24

a32% a32s/8
1.85

10

(Un).

Service

'

18 V* July
13% May

Jan

16% May

North

American Co

67

Jun

North

Amer

155

May

North

American

51%

8%

144

24%
__

10c

Prod

Jan

12% Mar

1,494

*

Feb

—1

(Un)„_:

Fibres

Auto

Northern

American Woolen

10%

14

—18

Lode

149% Mar

70

150%

American

Mother

National

Low

,

80
-

Nov

325

Range Since January 1

High
2%

50

16%

*

(Un).;

Morrison-Kndusen Co

19%

•

M Cons

&

National

Shares

19% a20%

a

2%
•

—20

(Un)
Stan San

Radiator &

v—

10

Alleghany Corp (Un)X
American

Low

a8%

16%;

w-t

Nash-Kelvinator Corp

for Week

of Prices

Par

CtJn)

Co

Juneau

Sale Price

'•

.

*

(Un)

Montgomery Ward & Co

Sales

Range

Last

stocks—

Exchange

Co

Robbins Inc

&

Mindanao

Week's

1—

Mfg;-Co—

M J & M

Friday

High

a8%

16 %

.■—*
1
5
_1

Co

Navigation

Menasco

Sad Francisco Stock

Low

a8%

.A

——

Calculating Machine

(Glenn L)

McKesson

HONOLULU

-

1

Macy & Co, (R H) common
Magnavox
Co
——

Security and Commodity Exchanges

Telephone BArclay 7-4300
SAN FRANCISCO

Range Since January 1

High

*

San Francisco Stock Exchange
Los Angeles Stock Exchange

Honolulu Stock Exchange

Low

"

u,

"B'X

Lyons-Magnus

■'

*

Shares

7
1

Libby McNeill & Libby

New York Stock

for Week

of Prioes

Par

Lockheed Aircraft Corp
Loew's Inc (Un)

Sales

Week's
Range

Last

t

STOCKS—

39%

40

Mar

50

a34%

a34%

a35

190

31

Feb

40% May

Oahu

Anglo

20

27%

27 %

28

769

27%

Nov

32%

Jan

Oceanic

100% 100%

235

89%

Feb

119%

Sep

Occidental

13%

70

9%

Feb

18% May

:

55

58 %

830

32»/4

Feb

69

July

;

al7»/4 al8Ve

105

17 V4

Feb

2?

Jun

)

17%

Jan

|

3.50

Nov

a

(Un)—100

Ry

15%

a

15

9

15%

-

Jun

57 V* Aug

Anaconda

17

12%

(Un)—10

common.—•

Oil

Pacific

Feb

.100

Cons™—-10

common

Invest

Copper Mining (Un)
California National Bank

Atchison
Atlas

& Santa

Top

Corp
(Un)
imperial Diesel

Atlas

Avco

Mfg

Baldwin

Corp

(Un)

Fe

_100
5

Bendix

Aviation

9

May

Olaa

6%

7

355

4%

Feb

7%

Nov

12% al2%

25

12% Mar

17 V*

Jun

10'A

16% July

Borg-Warner

11%

10%

12%

2.75

2.65

1

(Un)

Corp

2.95

7,231

2.65

30

a39% a40%

a533A

a533A a55y8

_.20%

Pacific

Ry

Tractor

Eureka

Mining

Co

1

Milk St

Paul & Pac—

Sep

43%

Nov

52%

Nov

64%

Jun

16% Mar

24%

Jun

6%

377

6%

Nov

7

1,050

3%

Apr

25

100

34

Nov-

May

8%

Jun

7

Nov

10

10

48%

48 y2

100

47

Apr

51

Jan

35

35%

812

28

Feb

40%

Jun

__

13%

10

13 y2

30%

9%

288

a52% a53%

a52'A
30%

10

12

Feb

Sep

19% May

Mar

225

Sep

68% May

483

31'%

50%

30%

Nov

38

1.30

1.50

1,300

34%

34%

500

1.30

25

68c

-1.95

Apr

34%

Nov

.

.

30

3%

3,060

33c

33c

200

i*

a31%

-

Pacific

Co——_.i————X—

Coast

Electric

&

1st

5%

redeemable

1st

Lighting

Corp

Pacific
Pacific

pfd

Pacific

Tel

Tel

&

Preferred
Packard

1st

Pennsylvania

Pepsi Ccla

Co

Sep

44 y2

Jan

Co

a

8%

a9

79

8%

11% July

Nov

100 J

7

Feb

5

754

4%

Sep /

31%

5,286

27

Nov

29%

Jan

26%

26%

26%

1,499

25% Nov

27%

Sep

(Un)—

Pure *Oil

-

33

47

943

55

100

20 %

24%

657

22% Mar

93

93

94 %

257

132 >/3

132%

133

70

4%

4%

150

Oct
Jun

90

Feb

104 y2

Jun

Nov

146 y2

Apr

5% May

4% Feb

11% May

8% Nov

8%

8%

165

20 %

20 y4

395

a2iy8 a21%

145

18%

Feb

26 V* May

17 V*

495

17

Feb

22

May

7%

9

622

7% NOV

22

Jan

52%

52%

185

57%

a21%

577/a

17%

7%

20

41
55 V*

120

4

4

22%

1,879

32%

32%

4

560

21%

22%

(Un)
*
——*

(UnU———

61
26

Jan"

130

n

150

28

Nov

Cities

Service

a32% a33 %

100
2.50

51%. 52 y8 ?

—

47
r»'

35%

455

a40'A a44%

10

(Un)

Co

51%

53

32%

37

58% July

Feb

75%

Jun

8%

Jan

Nov

Nov

29% Aug

32% Nov

49 % May

21%

Sep

65 %

Oct
Nov

Jun

Co

62% July
28

Feb

Radio

3%

—

Colorado Fuel & Iron common
Preferred
Columbia

Packers

River

(Un)

& Southern

Consolidated

Ind

Chem

class

13 y8 Mar

22%

Oct

17%

20 %

15

30

18% al8%
3%

a25%
43

Apr

15

30

3 y8

,

Feb

16

20

Nov

27% May

2%

2.410

a25% a25%

133

25%

3%

Feb

38

Sep

43

43

100

22%

22%

313

21

30

45

8

Oct

Eq

preferred--—100
pfd—.—,
25
(Un)
,—•

Realty

&

50

Tobacco "B" (Un)——10Manufacturing Co—
1
Oil Corp
-•
Riverside Cement Co class A (Un)
*
————

-1

—

(Un)————^_15

Continental Motors
Creameries

of

(Un)

a9'/a

a8

1

-—

1

Inc—

Amer

a9%

Aircraft—.>1

Vultee

7%

75

9%

9%

-***7

7#

a8

248

16% Mar

Nov

9%

10%

Jan

Jun

13

Jan

34%

Sep

Oct

Jun

27 y8

365

22%

Feb

33%

Oct

35% a36%

62

34%

Nov

40%

Jan

27%
a

18%

19

633

Nov

24

26%

26%

28

1,180

15%

Jan

48%

15 V*

Feb

26%

25

Nov

34 % May

22%

22%

23

25

25

26 y2

Crown

Zellerbach .Corp

Preferred
Lnd

common—

185

—

Curtis

Publishing Co

CUrtiss-Wright

(Un)——
(Un)

Corp

-"a 94 "2

Class B

common

Dow

Chemical Co

Eastman

Kodak

3

Dorado

Electric

Oil

_

13

7%

600

4%

Feb

12% July

75c

137

12%

12%
12%
6%

405

28%

•

28

28%

2,365

a45% a467/a

10

a43%

Eureka Corp Ltd

12

Mar

20

19

Jan

Nov

8%

25% Mar

31%

194

34%

Feb

50

387

39

Mar

405

13%

11

11

150

36

36%

310

%

900

.

-

u-

10

•

m

(Un)

Food

Corp

Sep
15% Oct

Nov

16

Mar,

%

Jun

42 %

9% Feb
30

3,541

a32% a32%

8

General Motors Corp

Paint

General
Cum

—————

—10

Jun

3

Nov

Jan

Nov

11%

Jun

34% Mar

46 %

Jun

5

—.—,—

preferred

Goodrich

(B F)

Great

North

Greyhound
Hale Bros
Hawaiian

Ry

Corp
Stores

51

' Mar

65%

Nov

330

14

Nov

23

Jan

al7

17

12%
62

_

ft

Co Ltd
(Unt_
-

..

.

.

Holly

Development
—
Honokaa Sugar Co (Un)
Honolulu

Hudson

Oil

Motor

Car

Idaho

Maryland
Power

Kfennecott

_

Kern County Land

12

Nov

20%

62

62

25

61

a60%

50

53

127

Nov

72%

Apr

55

50

3

a41% a42%

70

40

Jan

Apr

48%

Nov

Oct

5%

39% Mar

a3%

Jun

Jan

48

Mar

May

13% May

10%

300

15% Aug

19

17 %

17

17%

683

16%

Feb

22

Apr

25

18

25

323

17%

Nov

36

Jan

7

3

3%

704

2.25

3%

3%

3%

350

1.60

Jan

5% Aug

3%

90

3%

Feb

5

May

63

63

640

52%

Feb

78

May

13%

13%

130

13%

Nov

22 ?8

Jun

all% all%

25

12

Nov

19

Nov

2.30

4,300

63

Corp

(Un)„l

1

2.10

—33 Vhc

of Canada

(Un)

"

*

«

Company— X-;




5

a31

291

1,980

41%

41%

•

a57%

41%

8%
25

83

9%

8%

a 55%

1.60

100

8%

a55%

Feb

7.50

Sep

....

240

330

2.85

Nov

A—

39

39 V*

335

8%

60

a38% a39%

223

■"
a38%
169

Sinclair

—*

Corp

Oil

169

169

Jun

Oct
Apr

18% May

Oct

21

May
Jun

8c

Nov

21c

32%

Feb

42

Oct

Oct

15%

Jan

46'/a

Jun

8

a4l/4

24

21%

21%

22%

1,515

16%

16%

17

861

5

25%

25

25%

2,442

28%

28%

314

24%

30'/a Mar
122

60

4(4

15

(Un)
Oil
(Un)-,

Pulp Co

a

4%
15

Oct

220

Feb

6%

Feb

Apr

32%

Feb

Jun

"

14%

Feb

23

Jun

25

Nov

34

May

4.48%

Conv

4.88%

Jan

Jan

Spalding (A G)

-

a29%

N J

Tide

Union

Nov

8%

Feb

43

41%

Feb
Nov

(Un)

Oil

Calif

of

Aircraft

United

Air

United

Corp of

S

Steel

Universal

Corp

%

(Un)———

Warner

27%

450

26% Nov

common

Sugar

Oil

—

33%

236

49

52 V*

940

44

Feb

62% July

14%

100

14%

Nov

14

V2

Nov

Bros Pictures

27

170

22

Feb*

30%

Jun

a21% a22%

58

22%

Sep.

29

Jun

63%

1,301

54%

Jan

73

Jun

a72% a74%

191

69%

Feb

90%

Jun

45

16

180

a29% a29%

25

31%

Sep

16

53

426

52%

Feb

66 '/a

Jun

1,360

19%

Feb ''

32%

Jun

10%

3,701

10% Nov

13%

Jan

38%

38%

376

38%

29%

865

13%

120

13 %

Nov

20

a24% a24%

10

23%

Feb

30% May

5

10

Nov

19

10

228

2%

2%

525

2 % Mar

70%

70%

240

68% Mar

130

36

10

'

36

——5

2.50

IOO

9%

110

2.50

9%

9%
27

27

100

5
1

75c

80c

1

6 y8

6%

800

(Un)-——5

16%

16%

118

(Un)———I

5%

5%

July
Jun

15

Jan

59% July
Apr

Western

200

Department

Stores

Western

16%

——50c

preferred—. —100
(Un)—
Westinghouse Eleo Corp (Un)—12%
Woolworth (F W)
(Un)
10
Western

a

Pacific RR
Union

7%
24

150
500

2.50

16%

65% a65%

9%
31c

4%

5%

190

10

a

Apr

Oct

45% July

Nov

3%

Nov

Feb

11%

Jun

32 %

Nov

14

1.80

Mar

10

Feb

Jan

Jun
Jan

May
Jun
Jun

17% Aug

13% Jan
16

Jan

3% May

87%

'

10%

Western Air Lines Inc

Feb

38% July

13%

27

West Coast Life Insurance

42% July

29%

36

(Un)—A

Nov

21 »/2

13%

—20

(Un)—

Jan

23%

10%

Westates Petroleum com

Mar

36%

V*

2.50

(Un)

21

Mar

53

10

Jun

16%

15

Nov

10 % May

Mar

22 V* May

.—

a__
.

24% May

alB'/a al6%
42

50

18%

Oct

24

Telegraph

'

28% May

16% Feb

23 %

53

10%

1

Agricultural Co

Jan

34

32%
.

.—10

(Un)_

Co

29 V* July

Nov

32

10

Equipment Co

Waialua

'27%

-

—1
•

(Un)—

Jun

51

-12%

Inc

Del

Consolidated

Utah-Idaho
Victor

Jun

•
25

—

Corp

Lines

(Un)

com

—

United

U

25
2

Carbon

&

Sugar

Co

28

—10

com

Corp

Carbide

Union

—

—

Ass'd Oil

Union

(Un)

(Un)_———

Company

Water

Transamerica

26 '/4 May

62%

Super Mold Corp——^
10
Swift <fe Co (Un)—
—25

Calif

of

Texas

240

a22% a23%

a21Va

a72%

of

Oil

Jun

32

Mar

9%

*

*
—25
1

Oil Co

Standard

Studebaker Corp

Jan

27%

Jun

27

1
(Un)__—

Standard

Co

28%

14%

49

;

Inc

Brands

Jan

24% May

Bros_A————1

&

Corp

Standard

28%

208

33%

-*

Pacific Co—

Southern

27%

—25

pfd Ser A

So Cal Gas Co

17%

Oct

—,———25
——4—25

preferred
conv
preference

4.56%

25% Mari;
23
Nov

30%

478

27%

preferred ————-—_25
preferred——
25

4.32%

24(4

a26% a27%

(Un)—•

Calif Edison Co com

Southern

35

31% May

30

10 %

9%
8%

(Un)_

1.90

10%
a30%

(Un)

—

ft

13,800

39

Oil-——-—15

Socony-Vacuum
Soundview

Preferred

a31% a31%

——20

Corp

2,196

395

.6,66%

Corp—:

Copper

12%

12%

16

—

International Tel & Tel

July

10%

1

Co

International Nickel

38

15%

ft

Co

Mines

Jun

Feb

10%
15%

.

Independent Exploration

Kalser-Frazer

a41%

ft

—

—

Idaho

22

24

a3%

—

Hunt Foods Inc

16% Nov

10

a42% a43%

ft

Corp

10

a 60%

ft

(Un)_

al7

a24% a24%

a

3%

.'ft

Inc__„

Hobbs Battery Co class A
Class B

Jun

1,295

3

—

Pineapple

40 %

15

(Un)—*

pfd

non-cum

Oct

Feb

59%

Goodyear Tire & Rubber (Un)—
Graham-Paige Motors (Un)_

•
1
(Un)_*

42%

35

14%

—

Co common

31% Mar

113

57%

————_—100

„

362

15

ft

preferred

a38

a38% a39 V8

57%

common-—

Gladding McBean & Co—
Golden State Co Ltd common————*
4%

'

ft

Corp

a37

a 37%

ft

Oil
King

Sperry

5%

5

5%

Signal
Silver

44

14 %

11

1

(Un)—

General

7%

Jan

17% Aug-

10

9c

8%

*

i3y8

450

8c

8c

& Gas Co class A——'*
Coalition (Un)————-5

Union

Shell

Oct

,

'

General Electric Co

200

;

al7% al7%

,—-P10

(Un)—

Water, Co

Shasta

Apr

14

II"1

Chemical

Machinery &

San

Jan

202

r*—

Radio——

&

:

13%

May

Sep

Mar

6

'

:

—

Feb

12

•

_—

Tele

Farnsworth
Food

'

Capwell Co

1.00

May

July

a43% a44%

'

a46%

—

50c

102

6

(Un)—.ZZZb

Co

128% May

Feb

12%

new_—

Bond & Share

Emporium

103% July

Sep

7%

A.-*

—15

(Un)

Feb

7%

6

5

(Un> —

of, N J

Works

Nov

91%

50

''

El

25

100

a7%,

7%

—.

.

common—

Co

56

75c

—Il ;

— ————.

Donnnguez Oil Fields Co

2,092

96

a7%

—_2
Cypress Abbey Co _L——
Di Giorgio Fruit Corp cl A common_5
Doembecher Mfg Co___

25%

96

a94 % a94%

——

——

5

13%

4 V4

'

ft
•

preferred

18%

180

—-fL*—-5

(

Jun

"

25

25

5

Stores Inc
Maurico Mining

Jun

34%

4%

Safeway

*

55

Feb

Inc'-—A*——10

S & W Fine Foods

Sears, Roebuck & Co

Consolidated

May

31%

•

Natural Gas Co

Ccns

34

75

Jun

Apr

——

15

207

Ryan Aeronautical Cq

July

Bros

i?M'

■

42% May

Feb

51%

Rheern

Richfield

■

Feb

8

*

a32% a32%

51%

Reynolds

May

48

38% Mar

Republic Steel Corp

Roos

25

Sep

30

Jan

49%

Mar

a37% a38y8

V

(Un)—*

of America

Corp

July

15

0

A—

Consolidated Edison Co of N Y

Sep

50

3%

25

Commonwealth Edison

20% Mar

50

a

(Un)—•

506

18% al8%

a

*

.

24'A

al8% al8%

—

(Un)———_—*

Solvents

Commonwealth

23%

•

————20

——.

Commercial

24'A

480

26 V*

165

12 Vb

(Un)———J*

Rayonier Incorporated

Railway
Clorox Chemical Co

29%

a29 y4 a30%

11%

a

May

Feb

4

Preferred voting trust ctfs—
Chrysler Corp
<
-Lit.-

?

55% July

Mar

50%

55

1

Apr
July

32

173

•

cap

35%

Mar

29»/a Mar

27%

———25
^
*
20

Pullman Inc

30% Mar

746

205

•

(Un)__

97/s May

6% May
36% Jan

33%

(Un).

Puget Sound Pulp & Timber

*

;

7%

24%

(Un)

Petroleum Co
Mill

Pioneer

Nov

100

Phelps Dodge Corp (Un)
Phillips

13 y8

50%

<Un)—

Co

s

4% Aug

27%

—50
(Un) ——————33%

RR

Nov

30%

common——-.-"

Companies

Paramount Pictures

15%

24%

(Un)

Pan American Airways
Paraffine

Feb

50%

——

com

10%

33%

:—

com

Co

Apr

100

(Un)__10

com

pfd—

-

Motor

29 Va

17
—1Q0

common

Portland Cement

Public Service

Apr

30%

•

,

27%

5%

31%

j

20

4%

31V4

;

Jan 1

4%

(

Jun

41%

7%

25

——

Feb

2.35 July

1,240

5

Apr

27 %

5%

—25
25
—25
25

.——

%. 1st preferred
5'/b 1st preferred——

;< 68c

Nov

10o

.

Nov

33C

15 V*

..5

common—-

preferred

5 %

2.45

14%

14%

—5

Aggregates—

2.50

a27% a277/a

—15

Sugar Plantation——,,

Gas

6fo

Pac

2.50

9% Sep
•

-

95

a31% a31%

20
r"

———

Can

Pacific
Pac

«———

Jun

'

,

voting trust ctfs—X—.

40%

90
520

10%

2%

33c

——

"B"

Paauhau

Apr

135

21

103-a

2.85

United Filters class "A"—..A—*

Class

Jun

(Un)

Oil Co

10%

X———_1

IX

Co

Petroleum

Sugar Co (Un)—:

Oliver

Jun

6%

__

*
*
1

Chesapeake & Ohio Ry (Un)—

Oct

30

4%

6%

-4.-25

Corp of America

Jun

39%

29 'A

6%

*

Co

Oct

Nov

6%

.'X-*

(Un)—

July

Feb

23

26%

0

—

common

Co——

38
:

Feb

26 %

—X—- _1
A
*

Art Tile class "A"X——

20%

*

—

Packing Corp

Common

6%

a39'A

Ink

Feb

30% Mar

a20% a20%

...

_*

Co

26%

16 V*

Jan

2,535

-

360

Mar

11%

105

a33 a33 %

—5
—_2V2

;
(Un)

Sullivan

&

230

Feb

591

34

California

Chicago

5

50

33%

California

Central

298

a33

California

Caterpillar

a

15

Cement

Canadian

298

120

17'A al7y4

—

—

(Un)———_5

Sugar

Calaveras

10%

33'/a

Byron Jackson Co

Celanese

103A

•

X

(Un)

Hill

a

5

(Un)—

(Un)

Airplane Co

Calamba

al2%

——2

Corp
(Un)

Holdings Corp

Borden Co

Bunker

Nov

100

Bishop Oil Co
Boeing

5%

20

27

Oil

X—_——-—1

(Un)—-112——220

Sugar Co Ltd

Ohio

500

————„—20c

Bethlehem Steel

Blair

Mav

5%

..100

(Un)—

Bank of California N A
Basui" Oil

24

5%

—

_13

(Un)

RR

Feb

5%

2.50

(Un)

Baltimore & Ohio

19% a20l/8

a

37

r»3X

Engine——

Locomotive

604

24 y4

610

24

Nov

33%

Jun

42

42

170

42

Nov '

49

Jun

*

38

(2258)

COMMERCIAL

THE

LISTED

CANADIAN
RANGE

WEEK

FOR

FINANCIAL

&

ENDED

CHRONICLE

.

MARKETS

NOVEMBER

26

Friday

Montreal Stock
STOCKS—

Range

Sale Price
Par

preferred

Sales

National

for Week

7 %

Shares

Range Since January 1

15%
20

—

High

12 Yt Mar

15

20

♦

preferred

15%

3,565

19%

2,438

17% Mar
16»a

Feb

24 %

Oct

690

33% Mar

56%

Oct

2,582

Feb

65 %

4%%
•

Ltd

55%

57%

25%

25%

275

8%

BVa

400

45

45

14

— —

__

•

common

6%

6

6%

43

*

Ogilvie

25%

Nov

Nov

13

Feb

t

49

Feb

>

Feb

8%
44

7%

5% Mar

480

Steel

Bell

Ottawa Electric Rwys
Ottawa

Jan

Jun

Penmans Ltd

72

15

65

Oct

25c

50

25c

Nov

27

597

24 % Mar

29% May

21%

21%

22

1,002

17 % Mar

22%

43%

&

British

Oil

American

Preferred

—

43%

43%

3,849

18%

18%

19%'

14

14

•

•

Power-

«
-

*

common-

—

6%
Powell

Sep

Sep

44

1,849

17

Feb

170

14

Nov

19

21%
56%
24

170

170

19

42

42%

626

20%

20%

387

15%

Feb

101% 101%

15

100%

Sep

•

British Columbia Power Corp cl
Bruck Mills $1.20 partic class a.....
Class B

a.:*

May

24

24%
26%

43

1,684

25%

385

Oct

20 %

Feb

25

24

s

Jan

Corp

P»-ice
4

27 % May

Canada Cement
$1.30

3%

3%

26%

26%

26%

140

24%

17%

17%

75

16%

5%

5%

205

35

35

225

*

•

•

Building Products
Bulolo Gold Dredging
_

_

3%

•

35

____

5

preferred

Canada Iron Foundries

Canada

Northern

10

24

24%

9%

Feb

Nov
Feb

15% May

20

Yc

Canada Steamship
5% preferred

Canadian
5%

18%

—

24

Class

A

#

14% Aug

25

common

11

Canadian
6%

_

_

cl£ss

_

5

1,315

a

Mar

15

42

23%

47

47

75

34

Feb

106

106

11

101

Apr

13%

13%

770

15%

16

170

15

Pacific

Consolidated

92

658

58

Feb

95

Nov

39

153

35% Mar

40

230

21

Mar

23

140

12

Nov

Ltd

12

Jan

14

45

45

25

44

Jan

27

150

25'

Jan

30

Jun

31%

130

26% Mar

36

May

15%*

67

Jun

149

Apr

39%

Nov

May

18%

Jan

30

Jun

37

Feb

47%

Nov

615

11

Feb

17%

Oct

935

preferred

60

54% Mar

68

Jan

July

125

93 "■> Mar

100

12%

12%

12%

510

17%

17'%

17%

242

10% Feb
15% Mar

18

98'

*

—

57

..

93

8

98%

8

100

8

55

101 % 101%

5

*•

15%

Oct

July

8

Nov

14% May

102% May

100%

Nov

.8%

9

262

8%

Nov

11

Sep

22%

22%

228

22%

Ncv

27

Aug

preferred

1

15

15

15

879

12

Aug

15%

Sep

24

24

1

24

Nov

31% July

common

Lawrence

Paper

•

'

Co—

preferred
preferred

99

83%

82%

83%

302

80

Aug

85%

l

42

42

43%

767

40%

•

24%

24

24%

1,695

Aug
20% Mar

24%

50

47

46

47

810

44% Mar

.

Water &
4%

'r_.

;

Power

com

preferred——

-

-

48

Nov

Sep

149

Oct

July

Williams

Breweries

of

Canada

*

preferred

17%

17
.

Canada

Chemical

preferred

*

Power

24%

16%

35

17% '

2,060

17%

200

29

29

20

22

Mar

12

Mar

Nov
NOV

29

Nov

29%

Jun

101%

10

98

50

16%

Feb

6%

1.130

83

83

„

Apr

18%

98%

98%

„

Apr

17%
17%

18

*[■'

27

11 % Mar

6%

__

•

.

common

24%

16

*

__

100

—

Standard
5 '/o

24%

•

com

common

20

5% Mar

J.un
Jun

8% May

-

Steel

Co

1%

of

.100

—,

Canada

•

common

Dreferred

Tuckett

Steel

81%

12

12%

715

10

Mar

10

Mar

50

83

Nov

97

Jan

460

82

67

Feb

82

Nov

25

Tobacco

United

81%

7%

82

82

82

120

72

Mar

83

Sep

100

166

165

166

130

160

Mar

166

Nov

7

6%

7

600

5

Mar

50

21

*

17

16%

*

preferred

28%

Corp

••

-

.8% May

Jun

47

Viau

Biscuit

common

25

Witbasso Cotton

—

Walker

Gooderham

Weston

14% May
14% Oct

12%

12%

50

33

33

34%

7,435

20% Mar

34%

(George)
preferred

Worts

&

13%

14

100

11% Mar

15

Jan

16

15%

16%

12,118

12% Mar

21% May

9%

9%

25

4%%

•

common

__

25
17

510

28

28%

1.320

24%

24%

100

Jan

16%
24

25

Nov

18%

Nov
Mar

Sep

31% May

22 % Mar

28

May

Nov

13%

*

*—1 CM

12%

126%

9%

12%

75

128

1,555

33

13D

32

35

125

33

5Q

33

33

—

35

10

Nov

10 %

Feb

16%

5%

Nov

38%

Jan

.

99

99

99

•

29%

29

30%

common—

100

—

Limited

6%

Aug

131%

Electric
preferred

Zellers

Nov

91% Mar

—100

Winnipeg

common

,

98

__

_*

preferred

28%

2,065

98

40

—25

25

-

Mar

100

Feb

Jan

32%

10

28%

/

96

Jan

99

25

40

28%,

99

20%
34%

Apr

45

30

27%

Oct

29

Nov
Oct

May
.

May

Banks—

*

*

a

14%

15

Oct

9

Corp

Southern

Oct

30

>

12

__

class

400

58

•

*

Mar
Mar

37% May

Canadienne

—10

23

23

5

9%

9%

50

Distillers

Seagrams

*

20

19%

20

2,285

16% Mar

Bridge

*

30

30

30%

1,370

27

Feb

25

20%

Feb

20

400

20

Jun

21%

Jan

24

23%

24

319

21

Aug

24

Nov

10

26%

26%

26%

1,290

25

Feb

28

Jan

36%

36

36%

37%

Feb

25%

25

25%

25%

Jan

,

20

22% May

Dominion

20

_10

,

Commerce
Montreal

Davis Leather Co

25

45%

Feb

60%
135

22%

4%%

18% May

40

1—25

—

19

44%

'

*

Crown Cork & Seal Co

36

19

100

Simpsons Ltd class A
„

Aug

26%

Smelting. II—5

&

Sep
Apr

Aug

22

13

—20

Glass

Aug

22

103

29

145

45

—•

Voting trust certificates

Jun

45

*

44%

Jan

Nov

1

Sicks

Jun

18%

13%

•

Railway

Mining

15

12

.

_

Cardy Corp Ltd class A—.,
Cockshutt Plow
—t
Consumers

Mar

13%

_

_

Sep

19%

.——49

Sherwin

Nov

106

39

30

common

171

Mar

25

185

61

140

•

Paper common

Series A

Sep

12

*

—

Canadian

9% Mar

48

89%

'

__

39%

61

*

•

Power

2nd

Jan

•

Companies

Canada

1st

Jun

17% Mar

"r25

Canadian Ind Alcohol class A

Jan

16

Oct

35% Mar

13%

...

_

39

•

*

St Lawrence Flour Mills com—

Jan

248

91

*

preferred
Foreign Investment

Oil

11

101%

16,112

13%

_

Canadian

Canadian

Mar

37

pfd... —20

Cottons common.,

Canadian Locomotive

98

21%

...

Class B

'

15%

♦

B

162%

50

preferred

St

Jan

21%

——

Canadian Converters
Class

14%

39

$1.00 series

1

19

Jan
Nov

28% May

,,

Nov

Mar

9

19

*

$1.75 series

170

Oct

'

Aug

47

*20

Canadian Celar.ese

14

—

-

22 %

2nd

;

Nov

30

Nov

36%

—

Canadian Car & Foundry common.

of

Lawrence

.

Oct

37

*

common

100

14

•

25%
58

Sep
Mar

455

1st

St

July

20%

"50

Bronze

preferred

100

—

21%
43

.751

140

__

1

£o„

Saguenay Power 4%%

Oct

14% Mar

190

•

common—

Canadian Breweries

115

'

140

—160

preferred

Rolland

Sep

6%
36

23

30

9%

fd— .100

p

__

•

common

Bros & Co Ltd common

Shawinigan
Canada Safeway Ltd 4%%

20%

•

Provincial Transport

4% May
27% Sep

Sep

28%

1,621

24

Corp

5

613

28%

2% Mar

50

9%

common-

Power

23%

23

23

16

23

•

common

3,855

16

—

42%

•

——100

Tubes

River

Power

Jan

24

•

Forest

Apr

22% Mav

16%

26%

.25

—

Products

Columbia

May

23

com

preferred

Quebec

British

Jun

26

54

.

Light, Heat & Power

80

72

25c

26%

Paper class A.

Light

1,103

21%

__

.

*

preferred

66c

72

Telephone
Trac

13

55%

Placer Development

Brazilian

Sep
Mar

23%

common

Products

Page-Hersey

25c

British Amer Bank Note Co.

Jan,

45%

10%

Jan

26%

Warrants

Asbestos Corp
Bathurst Power &

45

41% Mar
18

*

Ltd—

Mills

preferred

5 -k

—100

*

125

23

33% May
21% Jun

Class

0

B

.

_

Dominion Coal 6%
preferred
Dominion Foundries & Steel

Dominion Glass

common

Dominion

Stores

Dominion

Tar

26

Jan

Nova Scotia

10

10%

Jan

Royal

10

20

20 Ye

280

16

27

25

23

Feb

28

Jan

37

37

20

37

430

30

Feb

38

Jun

325

32 %

Jan

35

Jun

14

Feb

19% May

Mar

25

16%

16%

17

*

24

24

24%

150

23

23

23

130

22% Mar

Chemical

Red preferred

common-.-*

3,143

21%

21%

21%

100

20

Feb

*

12

11%

12%

4,296

11

Feb

13% May

common

preferred
Dryden Paper

168%

168%

169

6

165

•

25

25

25

65

Eddy Paper Co class A preferred——20
Electrolux Corp
;
i

25

16%

16%

16%

85

16% Mar

15%

15%

100

14% Mar

^

&

Heating

Products-

:—*

Famous

15

Players Canada Corp.—
Foundation Co of Canada

*

Gatlneau

*

17%

100

104%

Power

*

common

5%

preferred
5%%
preferred

General

Steel

Ltd

Wares

5% preferred
Goodyear Tire 4%
Gypsum
Lime
&
Hamilton Bridge

*

inc

4%

5%

,

52

5

50

Jan

105

13

Mar

9

357

46%

Sons

Ltd

Lewis Bros

43%

52%
17

Oct

20

Nov

14%

Nov

Montreal Cottons preferred
Locomotive

see page-42.

Inter

Sep

Canadian

Lt

Canadian

Pr

Canadian

200

20

36%

4,067

29% Mar

58%

57%

59%

5,870

46

13

Sep
Mar

27

Jan

39%

Jun

70%

11

Mar

16 %

25

39

Mar

53

Jun

800

14%

Nov

10% Mar

Jun

23%

65

23

Mar

26%

26

26%

482

25

Oct

162

162

162

30

155

18%

18%

70

16% Mar

14%

14%

40

13% Mar

17%

Jan

14

14

14%

425

14

16

Apr

10

10

10%

Oct

Oct

3,515

Food
Neon

Commercial

162

9

19%
16

Feb

11

July

Nov

21 %

Nov

Mar

23%

18%

135

16

Feb

21% May

34

590

33

Nov

38

&

36

50

38

%

6%

6

115

115

4%

4%

4%

2.360

3% Mar

105

105

103

125

78 % Mar

16%

16%

22

1

6%

75

10

4% M-r
74

9% Mar

Feb

134% May

*:

11%

6%
115

12%

100

11%

Feb

22

23

820

15%

Feb

23

Oct

49

47%

49%

310

44

Apr

50

Jan

16 %

16%

25

15% Mar

18

Jan

12%

—*

12%

100

_.*

9

9

50

210

210

10

17%

Ltd

*

•

17%

17%

200

•

237b

24

720

175

176

10

78

78

20

com—*

3%

3%

40

*

78

100

32%

32%

com..*

2%

2%

79

•

53

56

325

_

Ltd

225

132

132

134

85

2

3%

3%

3%

1,150

*

53%

53%

53%

Co__

10% Mar

14%

8% Mar
210

14

12%

Ncv

Feb

Alcohols

'

Oct

61%

Jan

78

Nov

2

Mar

4%

Jun

8

Mar

39%

Jun

1% Apr
20% Mar

2% Mav
60

Consolidated

Textile
Corp

16 Vr Mav

Aircrait

David

&

Class

Frcre

38

Feb

1

12

May

108

Nov

15

Jan

15

Jan

25c

Oct

50c

Jan

15

15

Ltd

com

*

25c

25c

300

common

•

5%

6%

3,575

11%

11%

950

Ltd—

Mills

Limitee

B

May

Dominion

5%

•

35c

35c

17

16

19%

16

7

18%

19%

11,502

*

37

37

325

_*

com
.

class

;

&

6,489

38

Feb

40

Feb

Dominion

Square

14

Mar

21

Nov

Dominion

Woollens

65

45

Jun

50

Sep

Donnacona

30

Apr

44

Oct

Fairchild

A

45c

60c

1,575

Works

Ltd

Linoleum

Corp
&

Paper

Co

Aircraft

Ltd

50

32

10

Nov

14

Jan

130

Jan

Feb

7%

Sep

Sep

3%

15%

Jan

A

35c
16

Mar
Jun

14% Mar
9
40c

30

Feb

Aug
Feb

60c
17

July
July

21% May
38

Oct

95c

Jan

32

Jan

8

8

3

6%

Feb

11

Jun

*

43

45

375

33%

Feb

45

Nov

38%

38%

•

*

•
5

1.00

33

Feb

39%

Jun

57

25

37 %

Feb

13%

14

250

20%

13 %

80

57

*
Worsteds

Ltd

32

53%
,

*

_

Engineering

Oct

4% May

265

15

Ltd

Oct

199

Feb

Apr

13

*

Cub

3%

113

15

Corp

130

13

pfd

—

Paper

Jan

17G

112

5?r

Ltd

Jun

24%

Jan

1

Consolidated Bakeries of Canada Ltd—*
Consolidated Div Standard Sec cl A—*
Prefered

160

Mar

18

19 % Mar

162

Oct
Jun

225

100

___

Adv

Jan
Jun

17% May *
14% May

Feb

12%

—100

Gen

Oct

22

—50

com

common

Products

Jan

•

100

Inv

Ltd

12,931
301

*

*

Ltd

Co

Paper

Dominion Oilcloth
21

B

Nov

13%

50

Jan

Nov

21% Mav

18

19%

Oct

*16%

Co

Trust

preferred

Claude

33

36

7Yo

Jan

12%

39.50 39.65

17%

Sep

Canadian Westinghouse Co Ltd
Cassidy's Limited common

Jun

18

20%

Apr

13%

Jun

Nov

—*

preferred

%

34

39.50

7 %

32%

25

*

40

& Pr

Consolidated

13

16

45

:

Canadian Western Lumber

Catelli

23

25

20

15%

Jun

9,384

250

17

15%

6%

*

Ltd

Rand

Vickers

20%

35%

20%
34%

2,680

17

15%

5

common

Inv

May

22%

12

7%

13%

25% May

46

100

Canadian

25

20%

Jan

—

Ltd

Co

a

Ingersol

103

13%

25

Canadian

Oct

24% Mar

45

«

-

—

Nov

21 %

310

-

Investments

20%

20%

11%

-

Gen

preferred

98

22%

11

1

Ltd

Canadian Industries

20

.

-

Vinegars

475

*

11%

*

class B

Canadian

35%

*

-

Molson Breweries Ltd

Canada

562

*

162

cl

Ltd

Products

13%

•

Co

Packers Ltd

99%

12%

Apr

Dominion

Elec

45

*

Hosiery

&

22%

—3

-

Butterfly

25%

12%

Ltd

B—

Gen

13%

*

class

Food

«

»

Ltd

Canadian

23%

!

Co

98

20%

i 55

100

Canadian

5

Ai

&

25%

—

5

Pulp & Paper com—*

22%

—

162

Preferred
Burns

7%
Jan

*

162

common

May

Nov

Mar

—

Packers

Columbia

Company

9% May
49

12

25

Columbia

British
Brown

Canada

60

14

;_100

Mar

Vancouver

Jun

Jan

765

-

Mar

4

com..

Jun

17%
105

Mar

7,488

—




44

19%

—

10

60

Sugar
Canada Malting Co Ltd

Sep
July

14%

Ltd

footnotes,

Feb

19%

Export class A
Mailman Corp Ltd common
Massey-Harris
McColl-Frontenac Oil
Mitchell (Robert)

For

23%

14%

-.100

Montreal Telegraph
Montreal Tramways

1,760

Feb

19%

MacMillan

Montreal

25

57

6%

14%

pfd

(John

46%

56%

56%

1,077

1,905

5%

Jan

16%

Power

Secord

Oct

4

common_5

preferred
&

111

Sep

♦

Labatt Limited (John)
Lake of the Woods common

Laura

Apr

2

9

*

18% May

107%

16%

32

of

High

13

5%

——20

Distillers

&

Low

12%'

—100

common

preferred

Canada

31

&

Range Since January 1

High

Jun

Jan

_*

50

17 %

Jan

Apr

31%

Brewers

20

Feb

—

18% May

Glove

Shares

B_„„

class

Hosiery

108

14

;

Lang

225

12%

Paper

Belgium
5 c/o

Low

„—

&

May
19% May

29

Oct

101

International Utilities Corp

7%

2%

Ltd

Power

Ltd

Sep

10

International Nickel of Canada-——*
International Paper common—
15
International Petroleum Co Ltd
—*
International

30

16%
100

271

common

6%

83

15

—

Steels

Bathurst

Belding-Corticelli

Nov

103

-

——

Bronze

%

2%

July

25

15

.

International

Mar

104 % 104

2%

25

Corp

Nov

19

52

Mining & Smelting

Acceptance
preferred

15

125
240

103

preferred

Indust

1,100

17%

*

Alabastine

Imperial Oil Ltd—
Imperial Tobacco of Canada

15%
23%

109% 109%
,

170

for Week

Par

British

15

17%

50

1927

Howard Smith Paper common
$2 preferred
1
Hudson Bay

Jan

100

-

pfd

11%

•

common—

-

100

Oct

23%

100

-

Bakeries

General

15%

15

Mar

33% Aug
23% Mar

Sales

Range
of Prices

Friday

Atlas

100

Week's

Last

Sale Price

STOCKS—

22% July

7%

185

1,106

Canadian Funds

Jan

—23%

Dominion Textile

Enamel

26 %

'

Montreal Curb Market

27% May

Ltd

&

Sep
Nov

34%' -34%

*

1% preferred
!
—,
:
Dominion Steel & Coal class B_:

9%

27

*

—

22*

21

2,857

1.00

1.00

125

57

Nov

10% Mar

18%

Jun

19%

23% May

80c

Oct
Mar

|

High

Mar

100

Mines

Flour

Ontario

Sep

24

•

preferred

175

11%

22

37

Jun

56%

4%

—

Corp

43%

11%
23

•

Noranda

21V* May

216

25%

—

25
pfd
it
Amalgamated Electric Corp
Anglo Canadian Tel Co 4%% pfd. —50

Argus

1,304

43%

—*

Niagara Wire Weaving

20
23

51

7%
•

Ltd

Low

39

19% May

22%

—

Co of Can

Range Since January 1

High

38 %

39

—,—25
pfd
5

National

49%

22%

•

Algoma Steei
Aluminium

—*

common

National Drug & Chemical
Steel Car Corp..

Low

High

■

Acadia-Atlantic Sugar class A—

Aluminum

Breweries

Low

Shares

0

Abitibi Power & Paper common—

$1.50

of Prices

Low

for Week

of Prices

Par

Week's

Last

Sales

Range

Sale Price

STOCKS—

Week's

Last

Exchange

Canadian Funds

Friday

Monday, November 29, 1948

..

2%

Jan

Volume

Number 4755

168

THE

COMMERCIAL

&

LISTED

CANADIAN
FOR

RANGE

Friday

Week's

Range

Par

Fanny Farmer Candy Shops Inc
Fleet

Mutor Co ot

Foreign

Lakes

A

Class

37%

100

2

2%

3,150

25%

26

pfd_. 100

cum

M%

4%

1

6'r

Paper Co

57 V2

57%

Halifax

17

Ltd

-de

Hotel

(Frank

LaSalle

International
MacLaren

(Can)

&

Power

Massey-Harris

Co

^preferred

67c

Moore

&

Ltd

Corporation

Scotia

Nova

Nuclear

Lt

;
10
pfd—20

75c

Russell

Stowell

Union

Distillers

'.Mining

36

Mar

25

80C,

100

12%

12%

1.00

1.00

22%

23

1.405

73

74

650

125

44

May

10%

Oct

15

Aug

17

Nov

21

Jun

75c

Nov

25

90c

Mar

4% Mar

25

12%
85c

May

5% May
13Va Jan

Feb

12

Nov

30

Oct

20

Feb

1.10 Sep
27% May

65%

Feb

75%

Apr

Beatrice

17

100

pfd—,

1st

5,350

21 %

13
107

110
16

110

5

15

16

150

17

100

pfd—20

17

25

*

19

18%

pfd——100

111

111

.—

6 7c

Ltd—i

A—^

Ltd

19

200

111

-

55

41c

7

"42C

4,301

16

41c

16

65

5

Mar

-

Apr
Nov

May

111

Feb

Oct

25

Jan

May

18

Feb

19

May

Feb

5

-

17

16

115

13 Va

104
37c
16

5

Feb

5

Feb

7

Aug

9%

Nov

25

17

Mar

24 %

Nov

22

230

16

Sep

22

37%

Nov

27% Mar

38

12

200

12

Oct

12%

Jun

17

■

12

43

9

Apr

17

Nov

50

3,000

4%c

3c

12c

Mar

Jan

2c

2c

2c

2,500

2c

Apr

10c

10c

10c

500

5c

July

15c

Jan

-lie

10c

11c

8,500

8c

Apr

16c

Sep

*

59c

53c

62c

40,300

12c

Mar

4c

4c

500

4c

Aug

7c

Jan

6c

7c

15,000

5c

Oct

33c

Jun

.

Mines

Ltd

1

Ltd

1

Ltd—

6%c

l

...

—

5C

5c

1.000

1

2%c

2%C

2,500

2%C

10%c

*

*

Mines

Ltd

Corp

45c

1

Explorations

Anglo

7.

Ltd

8%c

Aug

14c

Nov

Aug

59c

Nov

8c

8%c

2,000

5c

5c

100

5c

5c

2,000

8c

8 Vac

4,000

1

14 %c

14c

17c

9,220

1

5c

4%c

5c

17,000

10c

10c

300

1

Lake

Ltd

Mines

Found

10c

Jan

16c

Feb

5c

Nov

5c

Nov

11c

Jan

3%c July

12c

Heva

22c

Jan

4%C

Nov

13%c

Jun

10c

Oct

22c

Jan

10c

Mar

r

Ltd

Lake

6,500

Lake

Shore

Lingside

Mines

Gold

Louvicourt

33c

Aug

66c

96c

65,600

55c

Mar

Mclntyre-Porcupine

Feb
Jan

70c

1.56

Jan

Jun

Argus

3c

22,500

5c

5c

2,000

5c

Oct

15c

8%c

Oct

24c

Jan

10c

Nov

10c

500

2,300

5c

20c

Sep

l%c July

8.50

Jan

6%c Mar

16c

Jun

13

Feb
Nov

1

7c

'7c

1,000

4c

Jun

lie

Jan

1

2%c

2%c

10,171

2c

May

3c

Feb

1

4c

4c

1,000

2%c

45c

47c

3,000

25c

.1

-

..

...

6%c

6%c
10%

10%

1

5%c

1,000
250

1

Ltd

Feb
Nov

6c

Oct

13c

10%

Nov

Arjon

Calumet

6c

3,000

30,800

35c

Nov

9,100

40c

July

35c 39
78c

3c

50%

50%

50

2.20

2.20

200

4%c

3,500

Jun

88c

4c

■

New

Louvre

Mines

Gold

—

Ltd

1

Mining Corp

„.Normetal
O'Brien

Ltd

Mines

Mines

Ltd

Ltd

——

4c

50

Pato

Cons

Gold

Piccadilly
Pitt

3.10

1.46

1.50

5c

5c

Mining Co Ltd

3.35

3.65

450

3.30

Feb

51,000

9%C

Apr

;

16c

,

Labrador

13c

Crest Gold

Rochette Gold

Mines

Mines

6%c

6 Va C

6%C

1

58 %c

57c

•

Development——

6%c

1,700
2,900

1,000

Ltd-

1

62C

29,400

6c

7c

22,200

15

825

5c

Ltd

Co

5,000

;15

——*

*

Creek

Sheep

Astoria

Mines

Atlantic.
Atlas

Gold

*

Aubeile

Siscoe

Gold

Sullivan

Mar

5c

1.55 Mar

Nov

i

—

Mines

Toburn

Gold

Malartic

Bagamac
Bank

of

Bank

Bathurgt

&

Decalta

Oils

Footh'lls

Oil

Co

Beatty

Bros

Bell

New

Oil

Co

Pacalta

Okalta

Oils

Omnitrans
Pacific

Ltd

-1

-

5c

1,000

Bertram

&

2,115

15c

410

7%c

2,000

6%c

7c

10,500

12

12

25

20c

22c

5,220

20c

Nov

12c

8c

12c

65,650

5c

July

4 Vac Mar
57c

Mar

Oct

9c

89c

Feb

65c

Jan

15%

Oct

2c

Sep

6c

Jan

12c

1,000

8c

Jun

17c

May

17c

,51.000

7c

Oct

17c

Mar

40c

1,100

35c

Apr

50c

53c

6,617

5UC

Mar

67c

4,900

99c

Mar

1

1.14

1.14

200

5c

5,000

1
a

C

5c

7

—

1.20

-

2.08

Apr
Jan

Jan

1.14

Nov

5c

July

1.51 Mar
19 Vac

Jan

43c

43c

420

43c

Nov

1.05

1.51

273,200

34c

Sep

43c

2.60

3c

2c

3c

15.000

2c

9c.

Jan

4c

5c

17.000

2c

July

5c

Nov

8c

8c

1,000

8c

Nov

8c

Nov

■

s
.

.

.

«
..

_

*
_

_

Exploration

Petroleum

footnotes,

Ltd

*
_

1

..

•
__

see

page




42.

Jun

14%

5 Va c

Oct

35c

Nov

I6V4C Jan

Nov

12c

Feb

Mar

27c

Nov

1.10

66c

1.15

101,300

12%

13

2,900

12c

12c

500

9c

10c ll%c

30,100

8c

15c

17c

7,300

15c

2.75

2.95

1,700

19c 21 VbC

7,050

1.15

Nov

13%

Jun

Feb

16c

Sep

Apr

16c

Sep

Sep

25c

Jan

Sep

May

10 Vb

2.75

Nov

4.00

Feb

26%

26

26 %v

36%

36

36 Va

36

36 Va

8 Va c Mar

29c

Oct

1,345

25

Feb

28

Jan

130

33

Aug

37%

Feb

110

32

36%

*

59 %c

—*

21%

21 %

21%

480

*

42

42

42

75

38 Va

8,700

7%c

—

A

52c

62c

146,750

38%

Sep

69c

Mar

9c

17

Jan
Nov

22

Oct

42

Nov

24c

Mar

Apr

.

Jan

1

8%c

8c

9c

43 Va

43 Vb

43 Va

2,854

42%

1

30c

30c

35c

1,000

25c

Aug

65c

Jan)

class A———*

19

19

19

215

17

Oct

19 %

Nov

Eevcourt

1

21 % c

21 Vac

—

Gold

Biltmore

Bobjo

—_——

Kirkldnd Gold
Hats class A preferred-

Bidgood

Oct

44

Sep

Oct

*

Gold

Bordulac

3,500

18 %c

Oct

60c

Feb

14c

3,800

13c

Aug

28c

Jan

19%

21

Oct

13c

15c

7,000

10c

Mar

17c

Jan

11c

12c

3,000

11c

Nov

29 c

Feb

1

————

-

5c
—

5c

500

18c

20c

2,500

3%c

1

Mines

•

Pershing

Boycon

Bralorne

50

14c

1

Ltd

Gold

Bonville

24c

13c

19%

13c

1

11c

Mines

_

—

•

Mines

7.00

4%c

9,000

6.90

7.00

625
•a*

Brand

Millen

&

Traction

Brazilian
Brewers

Brewis

olass

Jt-—^

A—

Light & Pwr com—*

Distillers

&

_5

_

—

—

Lake

Red

2VaC

Apr

5c

Nov

16c

Sep

57c

Jun

3c

Sep

6c

Jan

Oil

50c

18%

18%

19%

15

15

15

5

6c

7c

2,000

24

24%

1,900

26

455

200

1,640.,

20c

Sep

17

Feb

13%

Aug

4c

Aug

•

24 %
26

25%
90

90

30

3%

3VB

3%

2,575

6%

7

110

26%

26%

26%

240

3

3

67-')

2

Apr

39c

27c

40c

205,900

16c

Feb

common—

_

11

6.50 July

Feb

1.00

Feb

•

45c

£V

18% May

—25

American

Preferred

■

1

British

Columbia

Electric

British

Columbia

Forest

British

Columbia

Packers

British

Columbia

Power

Class

-100

pfd

—

Products
class

*

B—_♦

*

A

*

B

British

Oil———

Dominion

Broulan

-*

Porcupine

Buffadison Gold

"

22% May
16% Jan
8c

20

Feb

25

23%

Jan

27%

Oct

99

1

Buffalo

Canadian

3

Mar

4

% Mar

24%

Jan

Oct
Jun

Nov"
'Jan

4% May
8% Aug
27 Vt

3%

Sep
Nov

Jan

29c

1,700

25c

July

37c

20c

3,000

15c

July

99c

1.63

600

16c

17c

11,000

6c

Aug

30C

1.25 July

Sep

40c

17c

28c

17c

1

—

86%

1.60

1

—

Ankerite

•

2.40

Jan
Jan

;

8c

8c

9,000

6 V«c

Aug

25c

Jan

34%

34%

35%

210

28%

Feb

36

Nov

4c

5c

.4,500

*

...

*

——

•

B—

class
A

13%

*

*—

Co

class

&

Nov

1

Products

Burlington Steel

16 %c

—*

Lake

Red

Hill

Burrard

17

*

Calder Bousquet

1
2nd

Linen

preferred—

8

%C

13%

13 Va

17

17%

95

7%

100

7%
7c

*

Edmonton

&

•

100

3 Vac. July

5%c Apr

11

Jan

Feb

15

Feb

21

Sep

7% Aug

9

Jun

•

13%

7c

16%
6.15

5.60

6.20

7c

Aug

15c

Feb

200

7c

16%

14 Vb

Jan

16%

Nov

20,360

3.65

Feb

2,000

7.60 May

*

Lake

Red

7%c

7%C

8%c

12,700

6c

Feb

18c

Jun

1

Flon_.

54c

44c

54c

15.100

34c

Mar

65c

Jan

1

Canada Bread common

Canada

Cement

2.10

1.90

2.15

2,100

*

——

Canada

75

*

common

Malting

•

—*

23

Canada

Northern
Packers

Power
class

49

•

A

23 V4

350

27%

20

Preferred

Class

Canada
Canada

B

2.90

Nov

27%

55

2%

Nov

3.00 Mar

49

49

250

9-'%

9%

50

4% May

14% Mar

24 Va

27

Nov

29

Apr

53% Jan

43%

Nov

July

Sep

11% Jan

Sep

38

15 Va Mar

18

9

•

33

33

33

190

16%

16%

16%

335

186

187

3

-

33

•

.....

Permanent

Apr

Nov '

*

14

14

14%

185

11

14%

Oct

36

36

37

116

35

Feb

42

Jun

22

22

45

20

Nov

23% July

Wire

Cable

&

Canadian

Bank

Canadian

Canners

B——*

Breweries

Canadian

class

Commerce

of

1st

•

Canadian Car class A
Celanese

6.20

1,700

14c

16c

9,850

11c

Jun

32c

Jun

43c

45c

1,500

38c

Feb

52c

Apr

Canadian

25 VaC 28%c

92,750

25 Vac

Nov

28 VaC

Nov

Canadian

Indus

3.75

800

3.25

Jan

4.00

Nov

Canadian

—

Malartic

Nov

24

Jan

226

16% Mar

22

May

28

Jun

26

160

23

Apr

80

17

Mar

15%

15%

16

980

15 Va

Apr

18% Jun

•

90

90

92

165

56%

Feb

95

38%

39

110

34%

Feb

820

8 '

Mar

7.50 May

--

18 %

21%

Jun
Nov

40

Oct

12%

Jun

I

Class

8%
r

A

8%

9

Nov

July

90

Feb

Sep

260

Jan

10

Mar

14

Oct

21

Mar

34 %

Nov

88c

Feb

13%

215

78

78

15

210

210

10

205

12%

12%

475

•

33

34%

1,425

•

60c

60c

2,900

78

Electric——50

General

Alco

1.60

1.91

2,300

1.25

11%

13%

9.455

5.20

Feb

13%

Nov

Canadian

14c

30,000

8c

July

32 %c

Apr

Canadian

1.60

1.57

1.60

2,500

75c

Mar

1.82 May

Canadian

Tire

8c

6c

8c

1.000

5c

Juiy

Canadian

Wirebound

3.25

3.05

3.25

1,300

24

24

50

"A"

voting

•

15% July

12%
77 Va

13%

—~—100

Preferred

12%c

3.05

17% Mar

18%

Canadian Food Products common—

14c

16

14,153

26

4.10 Nov

13%

Jan

Nov

21

18 Vb

25

Locomotive

1.62

Jun.

23%

19

July

18%

*

5.70

3.75

31

21

18%

common.—

6.20

28c

21% Mar

695

—.20

preferred

18.600

Feb

125

23%

18%

20

preferred

Conv

24.000

3.75

26%

—*

common

40c

40c

20%

26

23%

26

10
•

4.10

Jan

Jan

Jan

25

29c

1.60 Mar

Mar

201%

50

Varnish

3.40

19c

Sep

common

Preferred
Canada

180

preferred

Lines

SS

100

Mortgage

39c

—

.

Jan

39c

25

15c

«

1

Ltd

15c

Oct
Mar

33c

——!

4.10

_

Co

Jun

Nov
Nov

4c

1

«
_

75c

Mar

6c
11

12%

'

1

Ltd

Co

6c

Oct

7% May

Nov

Jan

July

6c

13

1.32

—

Ltd.

5% Mar
10c

10

45c

Co

21C

6%c Mbr

•

Oils

50c

Lid
Corp

Jan

4c

.

Flin

1.25

Ltd-—— —_1

Dev

31c

1,550

1

class

Sons

Calmont

15c

39%
50c

1

Ltd
—

Gas

Royalite Oil Co Ltd

For

6%

10c

Nov

*

————

Callinan

Apr

<1

Oils

5%

Oct

8c

58,600

Yellowknife

Feb

3.25

Ltd

Ltd

500

10

Telephone

Berens River

Jan

1.45 Mar

—

Gaspe Oil Ventures LtdHome

14c

10

-—*

5.80
•

1

Ltd
&

14c

12

16c

-

Mining-——

Power

16c

■

12,200

1

Homestead Oil
Oil

14c

Jun

July

5%c

Scotia

Canadian

Consol

1,500

4 Vac

13c

Toronto

Metals

Base

Caldwell

12c.

*

Calgary & Edmonton Corp Ltd—
Dalhousie

9c

29c

5%c

—

Nova

Calgary

2.15

*

Oil Co

Oil

68c

183,700

1

Preferred
Dom

Apr

Nov

500

9c

5%c

Montreal

of

Jan

Oil Stocks—

British

9.20

13 %o

—

—

Mines

of

Bank

Canadian

Anglo-Canadian

Jun

29c

1

Jan

1.96

—

Mines

Nov

8.25

1

Gold

Nov

2.10

Ltd

Wiltsey-Coghlan

Nov

4.15

Nov

Ltd

Mines

Nov

65 %c

29c

Aunor

2.17

1.85

Corp

Mines

29c

Oct

1.35 Mar

6 %c

16c

3.15

1.01 Mar

Ltd-

Mines

Vinray

Westville

910

1

7 Vac

4,600

Ltd

Asbestos

8.65

10 %c

Nov

1.46

1.85

Ltd

Mines

United

Apr

1

Canada

Gold

Thurbois

8c
49c

_1

—

—

4 VaC Aug

1.55

1

(1944)

Mines

Sylvanite

44,500

41l/ao Jan

Jan

1.60

Mines- Ltd.
Mines

Cons

Feb

7c

1

Mines

Bunker

50c

Sherritt-Gordon Mines Ltd
Stadacona

15c 16 %c

22 %c

6%

r

1

Yellowknife

Building

16c

Ltd—

Mines

3,500

Jun

115,300
126,650

-_**_10

(1937)

Oil

Steels

Atlas

Buffalo

;l_50c

*

35c

10c

21c

A

...

Quebec

Athona

Jan

1

Ltd—;

Mines

class

Oil

&

Canada

Santiago

37,553

7c

Ashley Gold

Jan

2.30

Oct

16c

*

„—1

Quebec Manganese Mines—
Quemonfc Mining Corp Ltd
Red

-1

Mines Ltd _1

Gold

Jan

11c

80

1

-

Campbell

Gold

Quebec

Dredging Ltd—

Porcupine

Oct

38c

10c

60c

1

——

Feb

65

Nov

2.98

Ltd--* -1-

Jun

25%

Mar

4.15

8c

•

Rights

L45

8c

Mar

1.50

-1

Mines

65%

24

10c

J—

Hardware

1.90

-

,

Nov

%

3.00

—

—

'

Cadallic Gold

Pandora

44 Va Mar

185

50c

Gold

Burns

New

1,380

25%

14% Mar-

%c

37c

81c

-5

—

6c

58c

94c

-1
_1

—

Apr

57%

3.35

__

•

common

Buffalo

10%

Ltd

Oct
Mar

^

1

-

87

Jan

4,500

11%'

Ltd-

Jan

33% Mar

8.50

_1

—

—

^

Corp

British

11c 12 %c

5c

11c

11

■

Mines

■J

2%c

2%c

10c

Mines

Ltd..

1.95
3.50

Aug

1.65 Mar

2,000

——_1

Ltd

1.40

Feb

5c

5c

Ltd———5

Ltd

Mines

23Va Mar

Sep

500

88c

13c

435

Nov

3,600

Ltd

Mines

Jun

16c

2,000

1

—

Goldfields

Macdonald

1.09

30 Vac

35 c

1

Ltd

Mines

Nov

4%c

1.60

*

Rowan

50c

12 %c Mar

3.00

1

Joliet-Quebec Mines Ltd
Lake

1,000

35c

Ltd

Ltd—

Mines

500

13c

1

Mines

Consolidated Gold

Jack

21c

12c

May

Nov

1.60

—

Hudson-Rand Gold Mines
J-M

53c

21c

72c

Aug

13%

2.80

-

-

Cons Gold

53c

21c

43c

1

Ltd—*,

Gold Mines

Bollinger

406

12 %c

1

22,000

52c

-

Sep
Nov

26c

4.00

•

Mines

14c

Nov

1

—

Mines

Mines" Ltd
Mines

15 %c

•

Apr

87 %c Jan

Sep

July
3%c May

33c

1

.

Mines

Area

Beaulieu

7 VaC May

tl

Ltd-*

Ltd

Gold

Lake

2,000

1

—

Mines

50c

13%

*

Formaque Gold Mines Ltd

Goldvue

48c

13%

•—1

*

Ltd

Mines Ltd---—
Ltd

Gold

50c

*

Mines

Mines

Goldbeam

*——1

Mines Ltd

Sullivan

Eldona

Mines

Ltd

Malartic

East

East
Elder

10c

*
-

55c

Feb

3c

8c

.

5c

Nov

Feb

18c

5c

Ltd

Mines

5 %c

42,500

_i

Ltd

68 %c Nov

r

54 c

_1

Cadillac

Mines

1

—.

Rouyn

Bonetal

Gold

25%

56%

9%

Jan

58,200

8c 10 %c

42c

-—1

Ltd-

3%c

2%c May

1

-

Cournor Mining Co Ltd

Gold

55 %

*

8c

Jun

Nov

1

Ltd—'

Cortez

Donalda

51

Oil

Anglo-Huronian

Jan

1,620

4%c

0

Ltd,

Mines

Central

Dulama

4%c

49

Mines

Yellowknife

22

May

1

Consol

Duvay

4c

•

Lead

Ashdown

9%

17

-1

.*

Minerals

Gold

Red

4%c

Aumaque Gold

Manitoba

Mines

26c

25

Armistice

24 %

/

Dome

Larder

Canadian

Jan

37%
12

*

1

Candego Gold Mines

Dickenson

22c

*

American

NOV

22

*—_«

.1

Mines

Mines

26c

NOV

103

Sep

7%

1,000
5,800

Nepheline

45C

Feb

9%

Ltd—'■*

—

Oil

Mining

72c

Apr

Sep

5c

Jan

13%

24%

—

Bouscadillac Gold Mines Ltd—

Century

72c

Warrants

red

Bouzan Gold Mines Ltd

Chesklrk

Amalgamated

16%

514

Canada pfd

Aquarius Porcupine

201/2

class^B^l^:r—

Mines

Centremaque

9%

21V« May
24y4 Oct

Mar

97

5

8%

19% May

18

1,000

8%

High

12% Mar

500

100
6 %c

•

—

of

21%

„•

Gold

23%

100

Apex Gonsol Resources-

Lake Gold

Red

Ltd
Co

American

Anglo

22%

common—*

14% May

Ltd

Gold

Aluminium

Anacon

22 %

—.1

*

Steel

Aluminum

2,085

—1

Gold

Algoma

775

'20 Vs

1

Cons

20

Mining Corp Ltd

Lake

Alger

Pacific

Apr

*

Metals

Alberta

15%

20

6 %c

—

Apr

57c

Ltd

&

Mines

Central

7,060

26%,

Apr

Yellowknife

19%

Ltd

Gold

Bob's

May

Stocks—

Mines

Bonvilla

19

15%

20

•

10%

Arno

Base

Jan

Low

15%

*

*

Surpass

Akaitcho

Range Since January 1

High

*

A

Oil—

&

10

—

Ashley

14%

12%

Agnew

Low

100

Gas

50

Alger Gold Mines Ltd

Aubelle

Apr

990

22%

Ltd-

(J Cl

Hotel

8%

240

Shares

•

Preferred
Acme

13%

of Canada

Products

100

preferred
Acadia-Atlantic class

19%

Canada

United

Wilson Ltd

10%:

275

of Prices

20

$1.50

13%

Corporations

Windsor

May

Abitlbl Power & Paper common.

19%

Co

United

Westeel

15

75c

~

of

Jun

18

26 %

—

tt

Gas

14

73

Co Ltd class

Sci*w

Class

5

39

for Week

Par
t

Ltd

Power

Invest

Jan

12%

-10

.—5

Co—

Ltd

Industries

9

11

Sales

Range

Bale Price

STOCKS-

common*

Ltd

Southern Canada

Jun

5%

Ltd—,

Corp of Can 6%

Southmont

Jun

5

Quebec Pulp & Paper 7 7c pfd——
(Cam

15%

17

26 %

*

Enterprises

Reitmans

Sep

8

.

Paul Service Stores Ltd_;—__1—71.
Power

10

25

11

common^.

Paper

Pr

&

90

39

17

„itc*——— -10

Ontario

Jan

39

10

„—

Canada

01

Minnesota

Jun

45

17%'

—*

conv

Distilleries Ltd

Melcheys
Mica

6W'fo

20%

14-

.10 Vr

Week's

Last

ail

Nov

Feb

17

Ltd

6
62 y2

Nov

1714

Co

Paper

Teleg & Tel com"Rights" when, as, and if

Apr
Feb

'

Friday

Jun

16

M

Maritime

27

Exchange

Canadian Funds

Jan

40%

10%

„

,

3'/a

>

TofmIo Slock

-Jan

3%

425

A-"5

cl

49

Sep
Jan

215

*

(Walter M)

Leaf Milling Co

Maple

Ltd

2

21

42 %

8

14

36% Mar

25

10%

8

A

class

Ihc

Paints

-Lowney Co Ltd

10%

f
0

Wl

39

26

High

6,162

17%

40%

com

Insurance 60

Horner

'4%

40%

Ltd

—

*

l,y58

61 %•

-—10

preferred

Low

2 V«

Companies

(2250)

MARKETS

NOVEMBER

Range Since January 1

High

25 3'4

A*.

class

Canaua

Sec

Power

Fraser

Great

Shares

37%

Manufacturing Ltd

Ford

LOW

1

—

ENDED

fcr Week

of Prices

WEEK

CHRONICLE

Sales

Last

Sale Frice

STOCKS—

FINANCIAL

60c

Nov

2.25 May
Oil

Cos

•

common

Pacific

Railway

25

1

Corp

12% Mar

21%

Jun

50

23

Nov

26%

Jan

24%

24%

100

24

July

1,200

3.25

Nov

Cariboo Gold

1

1.10

1.10

1.10

Feb

27

Oct

Castle-Trethewey

1

1.51

1.51

1.51

*

Jan

11,736

23

Nov

;

15

450

16'%

23

Feb

A

Mar

14%

15%

16c

class

11

13%

15%

—*
24%

100

26

Sep

Aug

2.65

Jan

1.20 Mar

1.80

Jun

1.00

--

40 *

THE

(2260)

COMMERCIAL

&

CANADIAN

Week's
Range

Friday

Par

Porcupine

Central

Steel

Chatco

common

Chemical Research
Cheskirk

Mines

Gold

Chi mo

Chromium

2.50

—#1

———

1
*
1

—

Plow

Lake

-——

-

Yellowknife

Colomac

Petroleum

Commonwealth

I-30
5%c
33c
1-85

134
4c
25','aC
1.80

*

—

Willans

Cocheuour

Cockshutt

—

*

*

—

Oils

Coastal

112,050

13
—

12-%
16c

—

6c

1
1

1,200

7c

13
16c
6%c
70c

17c

500

16

}6%

2,280

13% Mar

Ac

4%c

7,000

3%c Sep

6c

Nov

2%c

2%c

1,000

l%c

3c

Aug

5.00

Feb

1

Halliwell

1

Oct

Hallnor Mines

Gold

Hamilton
Hard

Feb

Harding

79c

Oct

1.30

Nov

Aug

6c

Nov

Harricana

35c

Nov

Ilasaga

Jan

Heath

707

2.43

1.72 July

8,850

10

17

Feb

Bcattle

Mines

Consolidated Duquesne

Consolidated Homestead Oil

Nov

16%

Jan

230

10

Oct

11,545

42c

Nov

50c
13 %c

54c
16c

1,134

50c

Nov

70c

Sep

Home OU

37,500

lie

Jun

32c

Jun

Homer

—

—*
——*
-1

1-30
—

10%c

*

—

1

—

—

152

—

131%

,91% Mar

2,289

10%cl0%c

...

—

203

70c

Nov

154

Mar

145

12,680

common
Mines

„—

—.—

Crowshore Patricia

Ho.sco Gold

Nov

500

10c

Nov

22c

5%

600

25c

8,900

Mines—

35%c
51%

38c
51%

7,100

7c

8c

1,000

Nov

35c

July

35 %c

Nov

90c

Jan

55

Oct

19c

6c

8c

9c

4,600

7c

Oil

4%

33c

44c

70,300

10c

21c

Mar

B

pioqc

10

10

95c

18,900

10c

Mar

24 %c

1,200

50c

Mar

75c

May

8,500

5c

Sep

9c

Sep

7c

7c

9%c 12%c

9,500

20c

29c

377,100

—

———!

7c

Aug
Jun

13

Nov

11%

13%

34,839

5.35

Feb

13%

Nov

5Vic

2,000

4c

Oct

9c

Feb

17Vicl8%c

6,000

,12c

Nov

42c

Jun

28c

31c

11,450

18c

56%

56%

56%

6%c

10

5%c

27%

19%

14%

14 V*

895

■t

Mar

Jan

Oct

Gold—

Lake

_.A

Co——

&

25%. 25%

5%c

120

60

Nov

7%c

Nov

Apr

12

Nov

20

Nov

Mar

.

28

Mar

14
1

14% Jan

'24% Mar

.

4,000

8%

9

260

37c

700

34c

26

26

105

25

35

9

6c

37c

6

Inspiration

Mining

International

1

—

Metals

class

8

Sep

11

Jun

International

Nickel

19 %c

Nov

29c

Nov

International

Petroleum

International

A

Uranium

1,60

Jan

95c

1.05

1,700

95c

Nov

9c

10c

21,000

5c

Mar

12c

lie

14c

42,700

10c

July

45c

52c

28,100

43c

July

82c

Jan

25c25%c
19%
20

18,900

-23c

Sep

64c

Jan

Feb

22% May

Co

"

0

—.

common—*

35%

*

—

35%

.

12%

46c

44c

49c

4c

47/8c

12c

15c

Oct
Nov

;

11

May

55c

July
Oct

Jan

29% Mar

31% May
39% Jun

11

Mar

16%

40c

7,500

15c

10c

Aug
8% Apr

Mar

35,900

4c

1

13

25%

-

4c

,

3,585

12%

Nov

36c

Jan
Jun

23%

925

14,607
.

<

Jan

2c

59,000

28

19%

15c

43%

1,190

6%c

28

14%

25

(John)

Feb

8.50

—19%

—

Jan

-2,685

29c

*
l

—

Jan

11%

11

Nov

26% July

9Vac

———1

—

23

21%

30

29c

~IIII—IIII—I—III*

Ltd

Delnite Mines

23

"

■

Oils"

Decalta

35

23

A———*

class

16c

Nov

10c 10 Vic

18c

1

preferred

Indian

Apr

44c

Mar

40c

Leather

Davis

Jun

May

25

8'/8C

>——

5c

13%

Imperial Tobacco of Canada ordinary_5

Mai-

42

Bank

Jan

May
Sep

1.04

29c

1
1

—

Imperial

6% May

4% Mar
18c.

1

Mines

,

12c
15c

500

Jan

Petroleum —*—————*

Davies

-

—

Inglls
D'Aragon

Nov

5%cJuly

5Vic

*

Yellowknife

Hudson Bay Mining & Smelting
Hugh Malartic

32

—

———————1;/-,.

Mar

63c

4,900

11%

Howey Gold

Jan

20c
,

5c

4,800

7c

12%c

Jan

25

5%

38c

1,000
4,867

30c

__

L—5

Nov

1.60

Mar

320

—

Pershing
———*.1
Crow's Nest Coal—:————.——100

Croinor

7c
9c

65c

61 Vic 62 Vic

*

—

Sep
13% "Jun

7c

10c

——*

—

Hollinger Consol

Imperial

Bit

Craig

Crestaurum

—;

—

35c

9% Mar

Jan

85c

Hlghbridge Mining

9% May

July

29c

__

30c

1

—;

Apr
17% May

6% Mar
12c

7c

1

Highland-Bell

Oct

7c

37c

Apr

63c

-

„

63c

1*

9c

47c

16c

7c

"

1

75c

46c

11%

—

Exploration

1

1

Apr

July

5c

1,500

125 127%
151 152%
1.30
1.40
30%
32

Imperial Mills
Cournor Mining

i

„

__l

Mar

14,000

H%
43 %c

126%

Cosmos

265

Heva Gold Mines

70c

Consolidated Mining & Smelting--.
5
Consumers Gas
;•—rJLUO
Conwest

12%

Mascot

43l/4c

*
—.—2
1
•

Bakeries

Consolidated

12%

*

:

—

Highwood Sarcee
Consolidated

7,600

.

Nov

3.50 Mar

310

23c

Gold

Feb

17c

150

9

21c

Gold

Hedley

"

8%

Gold

27c

16c

1,200

Aug

3.50

8%

21c

—

Harker Gold

2c

17,900

Mines

Carpets

3.50

—.

»

——„1

——

Gold

__

1

———

Bridge

Rock

13 Vic Aug

1,180
29,800

High

17c

Halcrow Swayze

30c

Low

nc

16 %

Jan

3.00 Mar

July

Range Since January 1

High

•

Sep

12Vic Nov

Jun

Low

Gypsum Lime & Alabastine

75c/

Mar

2.20

Shares

1

33c

Mar

4c

9,782

Jan

Gold

70c

*

—

30c

6.400

19,000

Gunnar

13%

Nov

for Week

of Prices

Par

Nov

1.40

Mar

11%

"25

I;30

July

13c

5,000

5%c
35c
1.90

High
1.75

1.05 Mar

3,500

46c
54c
9c
2.23 2.50
127/«c 12 /hc

—

41c

Sale*

Range

Sale Price

STOCKS—

Week's

Last

Low

1.20
110

50c

—1

-

Malartlc

Citralam

Coin

—r-T
—1

—

—

Mines

Chesterville

2K

Friday

High

Low

,

*
1-65
.——1.12

Gold Mines

Patricia

Central

NOVEMBER

Range Since January 1

Shares

1.75
1.15
1
—
14c
15c
-—.»*-«—11^11/4

Oil

Central Leduc

ENDED

for Week

of Prices

MARKETS

LISTED
WEEK

Monday, November 29, 1948

Sales

Last

Sale Price

STOCKS—

FOR

RANGE

.

CHRONICLE

FINANCIAL

18,045

Sic

May

7c

Jan

21C

Oct

4c

.'(

'

Jun

Nov

.

,

Mines-——

Nickel

Denison

—1

Red Lake

Detta

Dickenson

Lake—

Red

Diversified

Ltd—

Dominion
/

14
26%

25
Steel—„—1

&

'

Dominion

_*

20%
20%

preferred

Foundry

'

*«

'

*

Investment

Dominion

Steel

Dominion

Coal

Stores

14
26%

•

.

_

B—25

Jack Walte

Jacola

Jan

65c

Mining

M

Oct

Nov

23.% Mar

Sep

27

Feb

Apr

22

Jun

Kelore

28

Jan

Kerr-Addison

16

Mar

22

■

Joburke

,

11%
5%

'100

42

42

Gold

25

Joliet Quebec Mines
Kayrand Mining

Kerr

Kirkland-Hudsori

Feb,

19% May

137/s

Lake

Kirkland

Jun

"

17

567

24%

24%

35

21% Mar

23

40

22% Mar

27 % May

Labatt

85

19% Mar

22 %

Aug

112

23

Nov

26

Jun

Labrador Mining & Exploration—
Lake Dufault Mines—

315

11

Feb

13% May
18% Jun

Dominion Tar & Chemical common—*

Voting

—23

1

;i>:

Preferred

26%

23 %

21%

—

trust certificates

21%;

23

,

"23

Townsite

Dominion Woollens

12%

11%

-w—♦

—

13%

13%

12 %

Gold

10% Mar

770

14

1.10

50c

62c

38,700

48c

22c

-23,100

•17c

J an

30 Vic

99,000

4c

Aug

16c

8%c

1,500

7c

9%cl0%c

57,310

I

—

Duvay Gold Mines

57c

1

12 %c

11c 13 %c

-

Nov

'

(John)

Amphi

East

Crest

—

8%c

1

—

Oil-

•

East Leduc Oil—

10%c

:

•39c

East Malartlc Mines

-

1

-

36c

39c

1.50

1.65

1.65

Ltd

9,965 '<

Feb

of" Woods

Nov

50c

Feb

1.33 Aug

<•

•

Feb

Larder

Sullivan

Eastern

Mines—

1

Steel

•

—

19%

2.80

3.50

1.64 Mar

,2.95

8,405

7%,
7%
19% 19%

7%

—*

-

Easy Washing Machine

2.95*.:,

880

6%

Sep

200

15%

Feb

10

Jan

Elder
Sol

22,500

24c

July

1

Mines

Gold

,

;

——

Empire Brass class A—Eureka Corp

'

Mar

16

335

16%* 16%

90c

67c

98c

383,750

55c

8c

8c

9c

11,200

8c

Nov

35c,

.,

——I

92c

Falconbridge Nickel
•
Famous Players:—,.—
•
Fanny Farmer Candy Shops_T_——_l

32c 35 %c

19%

19%

*

_

4.25

15%

—

/,

Mar

1

—I

Gold
-

16%*

—20

—

Mines

Eldona
El

class A——

OK

19%.

19

Gold

Leitch

May

63,825

4.25

4.45

2,100

15%

15%,

com

111

»

Motor

.

'

5%

class

16%

A—

eVic

1

21

Exploration

Power

'

•

—4

common

—1—

—100

:

—

Steel

Jan

115

Mar

85

10=

4c

Sep

7%

Feb

2

Sen

3%

Jan

Feb

16 %

Nov

900

150

26

I,050

7V'«c

I,000

60

70

13%
21

27

Feb

45

5,450

85

30

85

17%,

40

.16

105,

15

2%„

Apr

—

17%
104

17%

17

62

'

27%'

—,

Mills

7%c Feb

Jun

lie

3c

3c

5 Vi c

6c

14c

Nov-

July

.

Gold

20

Goldfields

8

885

28>/i'

380

:1-_

8

101

Ncv

108

2

Sep

15

16

May

91

17

17

37/8

24Vi

35

•

-

Jan

31%

Nov

Nov,;

100

100

17

30

14

Mar

103

25

=99

4.60

7,842

10
'

Maple

Nov

17

Apr

2.90 Mar

6.10

Jan

7,800

6 %C

Aug

14c

Feb

3c

2,000

2c

Aug

4 Vic

Nov

82c

75,200

52c

Mar

83c

Nov

36c

39c

II,133

36c

Nov

10c

12c

4,000

11c

19c
17c

Nov

6c

8c

3,000

1

2.68

2.60

2.69

12,650

1.95 Mar

3%c

3'ic

4c

15,000

1

Mines

7C

J

Mining
Goodyear Tire common

ioc

;

17.000

3C

•

Preferred

2c

3,000

101102%

*;

50

Grandoro Mines

13c

25

—;

52 V2

17Vic

•

52»/2

5234

335

17%cl7Vic

500

•

.

17

17

preferred—

;

V Great West Coal

«

41%

- -

1

page




2c

9c

25Vic

Aug

Jan

49

13Vic

17

120

Feb

53

Sep

18c

Nov
Oct

July

2,050

42.

15% Mar

20%

44 % May
15 % Nov

41%

350

40% Mar

15%

75

10% Mar

10

10

55

80c

87c

6,300

6oc

Mar

55c

70c

7,200

55c

Nov

,

62c

;

9

500

-10c

14c
1.94

14c 16 %c
1.80

82c

94c

28,020

10c

10c

13c

15,000

26Vic

32c

12,100

1

75c

,10

75c

7,400

10%
7%

Gold

Mines

1

Gold

Grain

12,150

3c

3c

3 Vic

11

,12

910

4%c

4%c ' 4%c

1,000

1

July
Aug

15c
40c

Oct

75c
9

Nov

2.10

A—

2c

11

2

common

*

3,405

16

15

26%

130

24

Mar

9

<13 %
13c

:

8c
3c

Sep

6Vic NOV

Mar.,

12%

13%

2.000

9

—.

6%c Nov

Vic Nov

10,600

Jan

Feb

1.95 Jan

Oct

22%

Sep

3.15

Sep

9 Vic

9%

40c

Apr

4%c

Feb

July

11
t

Nov

26%

—

-

.

12VzC Oct
1.50

Jan

,1.54

4% Mar

9c

22

1.95

"Feb

4c

4e

Oct

31c

Jan

6c

Nov

Mar

23% Oct
V.

30

1,600

7% July
9%" Mar
9c

May

16

1,500

16c

100

?

Nov

Nov

21Vi

—

'

•

-

,r

Jan

6c

13c

«.«•

—20
class

McColl-Frontenac

*

Nov

3.00

40c

31,500

11

25c

L

1

;

common

,

McCabe

37,300

1.74

*

■

Martin-McNeely

Massey-Harris
Preferred

16,000

40c

1j60

*

Milling

—

2.20

25c

1.70

1

Eastern

—_=

'

Feb

,

25c

Aug

26 %c

1,100

2.10

2.20

—„1

^

—

Fields—

:

—110

7%

*

76c

10

»

20c

1.80 Nov

5,960

Jan

■" {<"'4;*'
•'
1.50 Feb

July

6c

31,000

30c

*

78c

<-■

1.95

9%

Oct

1

;May

■

McDougall-Segur
Mclntyre Porcupine
Gold

July

Nov

j;

,Mar

»

1—5

—

50 Vi

50

1,010

50;

Nov

1

33c

32c

35c

11,800

29c

Nov

75c

——1

McKenzie Red Lake

9c

7c

'9%c

94,000

1 %c

Oct

10 Vic

Nov

1

12c

12c

13c

2.020

8c

Jun

29c

Jan

k

7e

Oct

50 %

McMarmac

Red

I
•

McWatters Gold

Mercury

66

Jan

•

_•

8c

Corp

8c

Jan

?

1,091

15 Vi Mar

21%; Nov

•:

6 Vic

28,000

5 Vic Mar

11c

.Jan

:*

1.50

100

1.15 Aug

Jan

1

11c ll%c

'

•

21%

1.50

—

21 %

»

Brick

Mining

Oil

21
6c

—

*

Mills

Mid-Continent

Model Oils

lie

7.031

6.10 Mar

8.875

2,500

Containers

22c

common.

*

Locomotive

58c

13%

13 Vi

250

11

Mar

14%

37c

42c

6,200

28c

Mar

54c

21

19 Vi

21

7,045

14

May

21

13%

'

58c

.

Oqt
Nov

Jan
May
Nov

73

74%

190

65

Feb

76

Apr

26 Vi

26%

75

25

Mar

27

Jun

_:5_

n

Morrison Brass

3

3

.50

3

Nov

4

•

73

Mosher Long Lac

Mylamaque Mines

11%

—25

Moore Corp common
Preferred

3.20 May

3

51c
s

Porcupine

Mar

18c-

38c

;

*

Modern

Moneta

1.15 Jun
..

Gold

Jun

13% May

Apr

Lake

Jan

4Vic Mar

Nov

40%

-

__i

Mines

see

Apr

2.80 Aug

Sep

—15Vi

0

y Great West Saddlery f.—.
Guayana Mines —_;

Lake

&

Montreal

Great Lakes Paper common
'

For footnotes,

14c

Sep

8Vic
100

11c

Mines

1

Milton

10c

1

—

3c

11c

Nov..'

13 %

May

l

Mines

Jan

Apr

8%c Oct
6c'
Nov

II,700

lie

A—I—

Gold

class

Leaf

McLellan
lOc

—

Goodfish

7V2C

14 %c 14Vic

35c

1

Export

Gold

Marcus

Jan

3c

14 %c

30,050

—1

—

Maralgo Mines

Jun

106%

1.09

40c

1

—

Red

Manitoba

100% Mar

Nov

14%

35c

«

—

Mines

B

Malartic

Jan

7c

—1

—

f

Oct

30

-:8

May
Nov

37c

1

——

Magnet Consol

Jan

69c

1

—

Feb

1,50

Apr.

6

11%

___i

i—;

Yellowknife

Class

Jan

19

Nov

4.30

__

,

Jan

,

59c

-

.

26 Vi Mar

76

11%* 11%

-

;

31%

1

—

_

MacLeod-Cockshutt

Jun

25

17%

Sep

%

78c

*

-Jun

)36c

Sep

67c

•

:

1,25 Jan

;*

Nov;

20c

-

5,400

Aug

1.19 May

1.08 Nov
5 Vic

Jan

17% Jan

Mar

60c

3,100
6,000

Jan

8c

Aug
Mar

,

2%c July

12,200

1.10

5Vic

27Vi

common———*
*

MacMillan

Jan

7%c

1

Gold

Lead

83c V 98c

1.08

7c*

Feb

Sep

12

86,500

Feb

94

100

4.35

l

Manitou

Gulf

B

MacDonald

Nov

Nov

103

—

___1

„—

Golden

A

A

Macfie Red Lake

Jan

2.29

1.30 Mar

14%

—

1

*

1

Arrow

.

5c

5%c

-

6.95

3c

v

455

30

class

Macassa Mines

May

15c

Feb

7c

2.10

17

—,.-100

common-

—;

Golden

Goldvue

95c

1.08

Feb

July

,

12,000

30

—

Class A

7c
May.
11% July

666

330

4%c

85

17.%-

100

Mines

Goldora

^

Jan

Jun

3.00

3,000

„

4c
i43/«

70c

30

Nov

5.40

7,500

♦

London., Hosiery

'

—

Wares

Gold

Goldcrest

6c

5c

3%c

■

1

—

Loblaw Groceterias

,

Lake

5c.

Jan

14% Mar

1.95 Aug

*

7.000

Lunward Gold

130

1.95

__

1

—_

Goldale

4%c

18,100

Nov

'

'

2%

—2%

—;

Giant Yellowknife Gold Mines
Lake

God's

2,062

7c

Louvicourt

7%c

17%

—•

:

Preferred--

Oil

5.50

Oct

--15c

May

26%

50

1.36

Nov

25c

5,450
•

73c.

Oct

16%.

__

„

Globe

Jan

10

500

5.50

5%c

Jan

25%

2.05

-

——

Glenora

2.25

26c

9%

2%

__

—100

Bakeries

Gillies

31c

26%

2.10

68c

47%

58 %

Preferred

—:

.17.75

2,720

4c

1

Jun

4.10 Mar

10'/*

14

_—„i-,

25%

Nov

6c

-•

Ltd-^

Nov

6c

1

:

Jan

22%

-

19c

5,100

26%

Jan

Apr

10

3%c

1.78

11c

6%c

July

4.55

1

*

.

General Products Mfg class A
Class B

General

;

Jan

Nov

*. 6Vic

„

'

1.15

Jun

Mar

-

Nov

22c

38c

5.50

"

45c

60c

1,590

-

28%c

1

Jan

..

Oct

21,300

—

1

Oct

15

...

Nov

1.15

.

;

•

195

"

Nov

7%c
32c

5.75

26%

*

2.

-

23

20c

Mar

16%

,

25%

—

preferred

General

1,500

21c

3% May

113.

10
__

prefeired

-Gatineau

12c 12%c

70c

Madsen

Co

12,300

*

34

475
100

■

Fraser Cos

Gair

1.20

„

1

Lexlndin Gold

Macho River
Gold

Froblsher

1.15

Little Long Lac

5.05 May

38

4%c

^

'»•

*.

——

Manufacturing

Ford

1.500

37c

Nov

40c

110,250

38c

Lingman Lake Gold Mines—__i

Jan

Lynx
—1

common

Fleury-Bissell preferred ———100

Francoeur

15c

38c

1.17

10%

11%

1,200

12%c

__

1.01

—

Mines

18% May

7%,
^

———.1—100

Products

Fleet

45c '

45c

—

12 Vic

5.60

Oil———

3.60 Mar

110

—•

Federal Kirkland
Fibre

"

.

.

Grain

Preferred

July

common—*

Gold

15% Mar

37%

■

.

15c

3,585

22c

11%

3

510

7%

37%

16,820

25c

.11%

1.12

——

Mines

Gold

Lencourt

■
Jan
1.54 Jun

25c

Nov

Oro

-Class

Federal

25c

12V«

•

1

1.12

89c

Jun

5.75

Mines—1——1

Leduc-West
'

20

i ,t74c

Oct

89c

Lebel

Nov

■

Paper

NOV

14c

May

19%
'

Eddy

59c

Oct

1

Laura Secord
East

Feb

Mar

1

•_

—

Milling

:

"U"

58c

4c

—1

Lapa Cadillac
Lapaska Mines

.May

2.08

Feb

12Vic Nov
25c

Jan

11c

Jan

4c

;

1,500

22%

La Luz Mines

33c

7c.

Oct

27,440

22%

Mining-*.—

Wasa

Aug

49c

*

Mines—

Lake

Nov
'

5Vic

l

—

Shore

Lake

1%

42Vic

1

Lake

Jun

Jun

26c
•

8,400

—l

Nov

.

5 Vic Mar

9,300
*

14c

———J

Rowan

Lamaque
East

12% c

Jan

—

Mines Ltd-—.J——20 %c \ 20%c

Donalda; Mines.
Dulama

—*

common

2c

' 4%c

1

:

Lake

Dominion Textile

3c

9,000

4%c

1

—16 V*
—

2,000
4.216

3c

Aug

44Vic

.1

———

Lake

3c

5%c

2%C

12 %c

1

Gate

Kirkland

2%c
4%c

__

—,

1

—

———_—-

Golden

8c

2,500

1

•

—:

46

'

3Vic Oct

1

-

Mines

12% May
5% July

3% Mar
40

T

__

—1

Feb

Mar

6

1,400

10

————*

.

;_1

-w————

Kirkland

&

.1 ;

1.^—

—1

Consolidated

13%

175

—;

"

1

———

Mines

:

—L* '

l

_——_;

Mines

Jellicoe
J

—

*

■

5%

—,

Feb

48c

Gold

24

345
541

Jacknife

28c

1,780

1

'

>

;

2,000

—

——50

class

35c

20 20%
26 %> • 27%
•

16%

1,500

10%

,

com—1

——.U_———

Preferred

26

-

4

.•

Magnesium

Dominion Scottish

34c
13 %

—

10

,—2—

—,i

Coal

Dominion

25c
20

•

—

Dominion Bank

49c

1
2

—

Mining

Mines

1

,

Yellowknife
Seagrams—

Discovery
Distillers

Dome

1

15%c? Oct

Feb

10c
—

III—III

7%c

lie

3,000

8c

Oct

15c

Feb

7 Vic

8%c

2,500

7 Vic

Nov

37c

Mar

Volume 168

Number 4755

THE

COMMERCIAL

&

CANADIAN
RANGE

Friday

Week's

Range

Shares

Par

National Drug preferred
National Grocers common

Class

National

Silverwood

Jan

Simpson's Ltd class

25

27'A

Apr

30

Jun

Class B

Apr

17

Nov

Preferred

New

Marion

50

10

16%

80

10

50c

48c

50c

*

8,500

23

22

23

945

28

28

5

1.98

2.10

6,017

•

103% 103'A

1

Mines

5c

5c

2.18

2.25

56c

51c

56c

25,750
23,998

15c

15c 16'Ac

11,000

103'A

Mar

15c

9,500*

3c

Aug

7c

Nov

Jun

28c

Jan

Steel

7c

Sep

33c

Apr

18,500

15c

Oct

46c

10c

Nov

99c

15c

15c 19%c
'

8c

8c

12,000

4c

Mar'

92c

1.12

307,300

4c

Mar

1.05

55'A

1.10

54

1,000

56'A

10c

Olsen

5'Ac

•

3.05

1

1.04

2,155

11c

2.96

1.32

Apr

43

6,600
500

3.10

Nov

24c

34c

Mar

11,000

20c

Nov

20

115

17A Mar

3,850

1.18 Mar

1.52

1.42

1.52

51c

52c

6,880

6%

6%

6%

15

5»A

5'A

•

„

♦

*

A

2c

24c

8c

40c

26c

32c

4c

t

7

30c

•

7%

III'11—5

July

5'Ac

1

__—

Sullivan

O'Leary
Omega-

Gold

Omnitrans
Ontario

-

70

13%
67

81 'A

' 82

140

72

Mar

5c

5c

2,500

4c

1.44

1.75

14c

15c

54,005
4,000

14c

11 Ac

13c

30,000

3c

ll%c

Cons

Mines

Inlet

1

.

1

Mines

Taku

River

Gold

10c

Jan

Tech-Hughes Gold

Aug

55c

Apr

48c

Aug

Aug

5%c

Nov

Thurbois

8ya

Oct

Toburn

Oct

14c

675

3'A Mar

5'A.

200

5'A

40c

.

2c

lbc

•

Apr

6

Orlac

Ltd

common

Pearson

:

*

common

.

-

26 %

"

—;

Mines

1

Oslsko
.Pacific

40c

92c

16,000

Nov
Jan

9,500

10c

90c

Mines

1,000

3c

July

7'Ac

Jan

5c

July

16c

Jan

117

Apr

-

123

5'A

375

9'Ac

1,500

5c

Mar

1

6'Ac

il7/cc

6'Ac

7c

6c

Aug

18'Ac

19,750

50c

Mar

22,600

12%c

Nov

12 Va C

1

-

3%

Oct

65c

70c

12%c 15'/ac

>

3.40

__

2.50

3.40

119,925

80c

10 3A

Hershey

*

Tubes..
Porcupine Mines

Pamour

Pandora

___

22c

34c

142,650

12c

Nov

38%

'<

class

•3.40

Nov

United

39%

470

28

Feb

39'A

Jan

90c

1.00

13,450

90c

Nov

1.55

5'Ac

500

4c

Aug

7 Ac

Aug
May

8c

Mar

„Parbec Malartic

5c

Mar

5c

1

.

•

4c

—

5c

500

4c

4c

500

2c

f

Partanen

4c

1,762

46c

7%c

7Ac

1,000

5'Ac

7

7

25

80c

90c

27,550

10%

11

658

9%c

9%c

20%

20%

Cons

Gold

Piccadilly
Pickle

1

Mines

Gold

3c

.1

10c

1

Mines

16c

3c

33c

1

Mines

Porcupine

Crow

20%

;

33c

5,300

9'Ac 11'Ac

30,800

12 %c

1,000

1 Ac

July

3c

1.90

46c

Gold

1

_

Porcupine Peninsular

2.63

Porcupine
Powell

Reef

Gold

.1

River

Powell

20c

Gold

trust

1

—_

certificates

316,900
3,220

1.80 Aug

2.30

15

Metals

Fteston

'I

2.63

2,550

2.30 Aug
5c
Oct

3.50

1

:Aug

Quebec Labrador

r,'

;

38c

3,800

45'A

870

37
50c

68c

68c

500

65c

35c

3,000

Nov
Feb
Mar

50

Aug

15

15'A

16Ac Feb

25c

56c

Mfg

47'A

Weston

1.25

1,000

52

15

5c

NOV'

Oct

50

Oct

56c

67c

18,650

55c

Mar

82c

83c

18,700

52c

Mar

33c

35c

15

15%

r

4,400

33c

5,814

Nov

10'A Mar

22,725

1.15 Mar

11,500

7 Ac July

Macdonald

2.10

15c-

14c

15c'

&

Riverside

Silk

(1936)!
class

(Little)
Long Lac

Roche

Rochette

Gold

Oils

Royal Bank
Royalite Oil
Roybar

90c

W)

Grocers

class

5.80

10%

10%

50

9%

Apr

11

8c

1,000

July

5%c

Nov

13c

Mar

22c

Sep

36c

May

1,195

86c

__

5.15 Mar

7.20

30c

34c

4,500

9.60

14,560

16%

Jan

9.85

28

29

3,583

24

Mar

8'Ac

9c

6,300

31% May

8%c Nov

7c

7c

19'Ac Mar

7'Ac

37

37

38

165

26%

32%

32%

195

32

July

296

22

Feb

*

24

24

24%

2,400

6c

Oct

10c

May

Feb

38 A

Nov

36'A May
Jam
101% Jan
28

1

"tv

ip-.-

■

'

———1

Girl

5c

Mar

12c

Feb

7c

5,000

6c

May

10c

Apr

11c

Mar

97%

*

Apr

5'Ac

6%c

10,400

5c

Aug

30%

2,364

20%

Feb

99

99

15

95

Apr

.5

5

3Ac

Oct

„

' '

•"% 2.02
',.(<■

1"

Mines

13,700

28%

__

29%

•

Mines

10

8 Ac

6%c

__

—•

1

99%

8c

__

__1

common

99%

__

1

L

Yankee

Oct

28%

8'Ac

*

-iU.

Ymir

Feb

500

.

2.00

2.10

5,571

18c

18c

18c

1.700

60c

60c

62c

5

5

6

6,800
3,500

*

»

32 »A
100

2.00 Nov

Oct
Nov

-'8c

Jan

<2.90 Jan
'•

.

18c

.Aug
55c
Aug
3c

>»-

:jf

Feb

May

10c

Oct

40c
81c

Nov

r

•

"

Nov

2.95

3.00

600

1.02

Feb

3.35

?"

6,000

4c

Apr

9c

Jan

3,000

5c

Sep

13c

Jan

8c

10c

3,500

8c

Nov

28c

Feb

-.1

A

9c

30'A
1
1

_.

13

Ac

30

30'A

110

28

Sep

33 A

10

50

8

Mar

11A

Oct

18c

Nov

17c

May

13c

13c

41c

38C

68,200

3'Ac

13c

2,000

9c

42c

4,100

25'A

1,465

Apr

Exchango-Curb Section
Canadian

Sep

9c 14'Ac

Toronto Stock

i

Jun

10

Co

—'•

Ilio

1

common

St Lawrence

Funds

Friday

Week'a

Last

t

stocks—

Sales

Range

for Week

of Prices

"

Sale Price

24

Par

23c
Aug
'23'A Mar

52c

Oct

25%

Jan

•

11c

6%c
19

1

24'A

885

Feb

27 A

6'AC 13'Ac

48,000

5c

Sep

16c

5 %c

7c

97,500

5c

Mar

23c

Jan

19

19

!

19%

Nov

10c

new

Shares

510

500

13
-

5c

Oct

common

1

Feb
Jun

10'Ac Nov

*

and Dominion

Canada

•

Vinegars

Canadian

Sugar—

Industries

105 A

22'A

__*

Canada

4%

100

12%

100

22

22%

175

22

Nov

26 A

Aug

14 3A

14%

14%

Canadian

100

14

Marconi

;

Oct

15'A

Sep

Vlckers

common

•

83

82 »A

83

60

1

3.50

3.35

3.50

1,218

.1

4c

4c

Preferred
80

Aug

3.00 Aug

500

4c

Nov

1

6'Ac

Senator

1,000

6c

Oct

1

41c

40c

43c

23,900

38c

Mar

•

24%

23%

24'A

340

47

95

:

6'Ac

—100

Winnipeg Brewery class

A

6'Ac

47

50c

__

_

11A

11A

50c

1.62

1.59

1.82

32,900

1

Sheep Creek Gold
Sherritt Gordon

2.12

1.95

2.12

50,372

•

common

11%

Aug

4.35

100

20A

Feb

44'A Mar

12c

Jan

17c

Jan

67 %c Feb

24%
49

(

July

Feb

11% July

Mar

1.82

3.20

Apr

17'A

1,320

11'A Mar

17'A

Nov

16

17

850

11% Mar

17

6.70

6.75

844

6.50 July

54c

-1

60c

141,135

30c

Sep

33c

39c

21,400

20c

July

34c

•

•

:

*

*
•

Disher

Steel

preferred

Bridge

Dominion Glass
Foothills

—

___*

*

Oil

♦

9%
'
•*..

9%
7A

10

7%

864

176

9 A July

7

Oct

Hayes

Steel'

International
8.50
70c

Feb

Minnesota

&

Feb

*

Paper

common

*

Paper

*

Ontario

48c

Jan

Pend

12%

Jan

Southmount Investment

11A

Feb

60

22

22%

12 A

12%

10

24

155

175'A

176

10

1.85

510

660

72

Mar

3%
80

15A
10

1.50

Jan

Nov

52

135

195

3%

3,200

53 A

53 A

53%

250

140

140

19%

18%

19%

4,666

14% Mar

45c

41c

45c

20,735

33 Ac Mar

23

24%

35

24%

-

325

250

20'A
126

Apr
Oct

3% Feb
39
1.00

21A

Mar

Sep

Apr

Jan

23

Oct

14

-

19% Mar
162

Jun

6%

115% Jun

Apr
Mar

II

May

135

Feb
Mar

134

55

30

July

24%
'

,

{

Jan

V

176

Nov

:

3

July

59%
192

Oct
Oct

it-

4% May
53%

!

1

■U-

NOV

2.25 Apr
21% May

60c

Jan

30'A

30'A

95

27

Feb

25% July
33'A May

36%

36%

36%

250

33

Jun

36%

3.70

3.60

3.75

7,615

30 '/a

27

30%

285

20

Feb

58%

58

59%

2,830

46

Mar

22%

23'A

890

20

Feb

28

5.75

6.10

4,895

Feb

6.50 Nov

40c

42c

612

37c

Jr.tt

45c

Nov

7'Ac

7'Ac

500

6c

Sep

8c

Jan

Nov

'tis

„

4.10 Jan
34

Apr

;f

70% Jun

May

*

)
i

Oreille

Temiskamlng Mining

285

3'A

♦

common

1,605

S

High

Sep

55

5

Paper

Oil

Nov

6.70

Class B

Consolidated

Dalhousie

Nov

1.43 Mar

17

Bilverwood Dairies class A

Coast

Dominion
10
98c

17

1

Sigma Mines (Quebec)
Bilanco Mining
Silver Miller Mines—

Westinghouse
Copper

2

Oct

17'A

Voting trust certificates

Lumber—

4%

104 105'A

25

3%

—100

—

Canadian Western

Feb

Canadian

Sannorm Mines

Rouyn Ltd.——
Shawlnigan Water & Power—_

85

4%

1.50

175'A

1

Canadian

120

50

'

F

Low

27

23%

*

22%

Ltd.

Gold

'

Co

Preferred

Range Since January 1

High

26%
113

& Paper com__*

1

99

Ban Antonio Gold Mines

Breweries

Columbia Pulp

Brown

Low
27

49
__

Lawrence Paper—
1st preferred new

Preferred

British

Corp

Preferred

new

preferred

Asbestos

Mar

16

Corp—

preferred

Sand River

25

10c-

_———1

...

25 %
24

—

Mines

(-

Nov

5'/aC
7'Ac

Ryanor Mining

'•

4.60

Jan

*

—

__100

Bear

'A May

2.35

8.45

8c

8

Nov

1,401

8.75

100

Yellowknife

Jan

6'Afc

I—„

Russell Industries

Bick's

5'AMar
1.27

8c

A

i

•

Jan

1

—

Vellorex

i

.

15c

9,250

.

34c

common

Gold

Nov

5.65

*

Jlu'r.

Aug

4%c

common;...

Chibougamau

Rupununi

Shea's

2.50

7

"

Roxana

'

Nov

1.38

«'«"«-

Wright-Hargreaves

Feb

1

Robinson

2nd

Jun

50

7

1

Mines'

Preferred

54% Mar
90c

Jan

25

Apr

1.27

__*

Wingait Gold
Winnipeg Electric

8%c Mar

—1

Gold

Richmac Gold

•

10

Feb

.

45%

7

1
—

(Geo)

Winora

Sep
Nov

1.38

*

Wiltsey-Coghlan

Jan

,73c

Regcourt Gold

St

7'A Aug
16

Nov

1.03

f

Reeves

1st

98

Feb

17 A May

10%

5,710

6c

20%

Mar

2.50

j.__,

_____

Preferred

17% May

275

1.30

58 c

15%

35c

2.31

2.35

__

Jan

72

Feb

12

1.25

83c

Mining

88

500

Products

Western

Nov

88c

Feb

52

1

Nov

Sep

20%

10

20% Nov

1,300

•

Malartic

Westeel

Jan

11

1
—

Nov

1

Amulet

West

Jan

500

—1

—

Queens ton Gold

Reno

%

6c

-.40

i

Quebec Manitou

Quemont

44

1,000

113A
1.25

—1

July

103,275

Ltd

(Hiram) (G
Wekusko Consol L

Feb

5'Ac

4c

'

1

East Dome

Purdy Mica Mines..—I
Purity Flour preferred

Apr

6c

•

Winchester Larder

Corp

Pressed

—

12c

1
*

!

1

5.80

2.25

•

.

|

|

!)

For

footnotes

see

page




42.

l<

Jan

17

.

Oils

Waite

Jan

2.59

63c

—

1

12%

■

Oct

24

.

Mines

Walker

Feb

16c

1.95

1.86

35c

45'A

—

Rouyn

Voting
Power

1

.

1.08

Mar

17

Vicour Mines

Jan

Nov

23

__

t

Jan

7

17

„

Viceroy

12 Ac

July

20%

.

130,150

v

Pioneer

Oct

Feb

79c

300

89c

Jan

Jun

10

500

90
s

49c
80c

•

Canada

i

J;

Jamr-f
"r •
''J:

3.50

Nov

May

Jun

33c

9'Ac Nov

5'Ac

1

73c

'

'21c

23

*

!_

If;

5% 'Jan'.-1

-

•"

Oct

*

*

Steel

Ventures

Jan

Nov

50

preferred

Jan

Nov

•

7

300

20%

90

__

81c

'

19c

9%

Oils

Vulcan

Malartic

Paymaster

Pen-Rey

1

8%

Hill

Upper

Jan

Jun

4% Aug
Nov

2.30

Jan

1

—

29%

2.05
19c

23% Mar

60

11,545

Nov

34c

250
»

9%

;

A

-Ik

18,000

__

•

class A

Jan

89c

*

Gas

Keno

61c

41,000

—.100

Fuel

Sep

25c

26c

__

Resources

United

Jan

46c

rights

Preferred

Union

1.99

5'Ac

__

United

38%

90c
1

Paramaque Mines

A

Nov

4c

■—

Jan

5'Ac

Ltd.,

Cadillac

Sep
Nov

Nov

20c

—_____1

class

Transcontinental

Jan

United

Page

Jan

15c

Mar

46c

:

rights

Feb

1.15
70c

Mar

33C

—

—

B

27".
5'A
2.60

__

1

____•

United Corp
65c

.1
—

Finance

Glass

Feb

.1

(Eastern)
Rights

2,000

Sep

4,300

Elevators

Traders

Jan

5

Mines

Apr

2.40

21c'

8c

11

Mines

Towagmac Exploration

Sep

15,700
55

30c

5'A

_

*

—

24c

Mar

3c

120

30c

2.40

*

Bros
Torbrit Silver
Toronto

8'Ac

Mines

12c

Nov

f
?'

1.05

7,565

4Ac

______—l

1.84 May

7%c

120

U

99c

500

1.15

26%

24c

:___1

:

—

Gold

Tooke

May

9c

Lake

Lake

Osulake

1.000

1—1

-

Nov

Oct

1.53

7,400

8'Ac

^

__

2.59

.-

Thompson-Lundmark Gold Mines—_•

2.20 Jan

6c

7'Ac

-50

Gold

Red

1.40 Mar

3c

1

Orange Crush
Orenada

7,925
,

1.61

1

._

Exploration

i

83

1

*

Tombill Gold

17,300
3,500

7'A

1.52

1.34

Ac

1.05

1.15

Jan

4'Ac

14c

Sep
Nov '

.

1.26
8

—

1

—

July

4c

1.40

.L

1.26

50c

—

Gold

Tamblyn

38c

15c

*

Sep

15
82

Oct

—

1

*
*

Nov

1.65

1
—„

94c

Feb

82

1

8% May

Nov

235

Jan

21'A May t
5'A Oct A

Nov

14
82

__

1

______

Nov

500

1.57

—

Loan

58c

13%

■

8'A May

Apr

81 »A

;

Oct

68c

Feb

4

Jan

July

1.62

17% Mar

14

—25

—___.

11c

30,500

40c
:

Malartic

3,400

4»A

-

Apr

39c
20

_

Sylvanlte

Nov

Jun

1.45

'__

Oils

60c

Jun
Jun

55c

Mar

81'A

*

__

O'Brien Gold Mines
Okalta

25

58c

60c

*

common

31
26

101'A Jan

5'AMar

105

5

49c

115

19'A

5

Nov

3.15

4c

5'A

Gold

Canada

i

July

1.50 Mar

99,500

Mines

Ogama-Rockland

5'A

19

19 A

*

'

Taylor

JL

9,400

22c

20

__

40c
.

of

Sudbury Contact

Jan

Oct

14c

26,454

5'Ac

7%c

.

class

Steeloy Mining'—
L_
Steep Rock Iron Mines
Sturgeon
River
Gold_

Nov

1.50 May
58
Nov

Mar

10c

5,000

8'Ac 10'Ac

Mines!

common

42c

20c

Mar

,

18'Ac 18'Ac
3%C 5%c

9%c

Norseman Mines

Oil

•

;

Bros

Co

Burl
_1

Preferred

38c

„

—•

Preferred

*

1.10

_1

Gold-

Mar

38c

99% May

Mar

96

Jan

12'Ac

8c

*

Canada

18

95

1

—

:

Radio

Starratt

12c

15c

Mines

1,154

—

137,600
106,424

Nordon Corp

Gold

155

25

98%

20

Preferred

19c

1

Mines
Normetal Mining.

30

24

24

1

High

Nov

98 A

—1
____—

95

24

Jan

47/8C

5

—

!

Mines

Standard

Sep

15c

15c

•
__

29'A

110

98'A

100

Standard Chemical common
Standard Paving common

2.30 Nov
60c
31c

Nov

Low

96

Jun
Feb

6c

3%c

1

Malartic

Star

75c

29%

Range Since Januarv

High

95

__

•

Stadacona

Feb

4c

1

1

.

Mines

Northland

2.99

31 %c July

Low

100
•

Springer Sturgeon

Nov

17c

Norgold

North

1.91 Mar

Apr
2'Ac Mar

pfd

—

Gold

Stedman

Mines

Inca

30

ICOVa

Dairies
A

—

2.20

•

Nipissing Mines

North

Feb

Western

Sladen Malartic
Southern Co

1

Oils

Rouyn Merger
Yellowknife

Northern

Nov

26'A May

1

Pacalta

Norpick

24

1,000

1

1

18'A Mar

for Week
Shares

Nov

54c

l\4ar

18c

10

5c

*

Gold

Gold

Noranda

2.06

100

_

Norzone

Norbeuite

17

Apr

Siscoe

1

Newnorth

Nicholson

29

16'A

16%

Jason

New

New

29

16%

I

Calumet

Nib

Jun

16

16 %

Bidlamaque

New

13

13 'A May

25c

preferred

New

New

10'A May

20

16%

Sales

Range
of Prices

Par

85

15

10

New

High

11%

15

Car

(Wm)

Low

11'A

*

Trust

Negus Mines

High

Week's

Last

Sale Price

STOCKS—

15

class A

Petroleum
Steel

Friday
Range Since January 1

11'A

*

National

Ncilson

Low

20

National

26

*

B

41

MARKETS

NOVEMBER

5
„

Preferred
National Hosiery

ENDED

(2261)

for Week

of Prices

LISTED
WEEK

CHRONICLE

Sales

Last

Sale Price

STOCKS—

FOR

FINANCIAL

.

(

iiULI

■I

i

.

42

THE

(2262)

CHRONICLE

COMMERCIAL & FINANCIAL

Monday," November 29, 1948 ';. *

OVER-THE-COUNTER SECURITIES
Quotations lor

Friday .November 26

Obligations Of Government Agencies

Investing Companies
Mutual Funds-

Far

Bid

Figures after decimal point represent

Ask

Far

Bid

Ask

Sescurlties—..1

4.47

4.91

1%
10
American Business Shares——1

3.61
22'A
3.60

3.95
24'A
3.94

8%
7.01
14.11
4%
2%
90.80
18.55
7.69
15.50

0'A
7.58
15.34
4%
3%
94.59
20.05

lc

3.96

Manhattan Bond Fund Inc.. 100
Mass Investors Trust——l
Mass Investors 2d Fund——P1

7.16
24.21

Mutual Jnvest Fund Ino

1

13.49

14.75

15.78

17.29

Nation-Wide Securities-

X
1

30.23
12.65

l

12.85

13.80

1

8.39

9.07

•*

6.64

7.26

point

11.82

Bullock Fund Ltd—
}
Canadian Inv Fund Ltd———1

a

26.17

10.93

32nds of

one or more

7.B5

7.70
16.76

Mutual Funds—

Aeronautic a 1

Inc

Fund

Affiliated

Corp

Amerex Holding

Managed Funds—
Automobile

2

series A.——_—

Shares

1
8
1
—1
Bond Inv Tr of America———*
Boston Fund Inc-—;
1
.Bowling Green Fund Inc—-10c
Broad Street Invest Corp——5
Axe-Hough ton Fund Inc
Axe-Houghton Fund B—
Beneficial
Corp
*
Blair Holdings Corp

Century Shares ..Trust
Chemical
Fund

Preferred —
————100
Commonwealth investment—1.

3-17

3.50

3.42

3.77

3.64

4.01

General Industries shares—le

3.42

3.77

Home

3.73
3.33

.Paper shares—

lc

3.66
4.09

-

Investors

Corp—
National Security Seriesseries—

Low

Priced

,,■

Bond

Fund

Stock

15.07

16.12

23.03

24.90

1.72

Equity Fund Inc——
20c
Fidelity Fund Inc
—-—5
Financial Industrial Fund Xne.1
First Boston Corp
—10
First Mutual Trust Fund
—1
Fundamental Investors Inc—2
Fundamental Trust shares A—2
General Capital Corp..——1
General Investors Trust—.—1

Series*

6.25

25

23

5.07

5.64

13.22

14.49

5.59

6.45

45.71

42.51;

5.23

4.88

6.46

lc

shares

1

"4.30

Aviation

.

3.15
4.92

lo

shares—lc

lc
Machinery shares lc

Industrial Stock Seriee—1

9.28

shares-lc

6.97:

General bond shares
Industrial

Company

Investing

Mow Priced

York

New

shares

shares

Mining

—

lo

,

1

Automobile

Institutional

*

l

9.27

Building

supply

——;1

8-2

7.47

7.42

Metals

6.96

5.14

5.58

-

—.1

5.25

1.35%

1.65%

bl.50

1,35%

1.65%

1-49

bl,50

1.40%

1.50%

2-49

bl.50

4-

1.55%

8-

2-48

5-

1

6.19
7.85

Petroleum
Putnam

&

Trading

8
——1

(Geo) Fund

7.78

bl.12

M.12

0.96%

1948——.
9, 1948
Dec.
16,
1948
Dec. 23,
1948
Dec. 30, 1948

25
15.32

14.25

2.43

2,66

Jan.

6,

25.34

27,25

Jan.

13,

10.14
5.81

State

Corp.*

Investment

Street

1.08

Trusteed Industry Shares—28o

27.38

Series

Series

bl.12

1949

6.36

New York

18.24

25.16

Wall Street

17.64

9.10

9.93

Wellington Fund—
Whitehall Fund Inc

15.48

16.89

20.14

Wisconsin

Bank of New York

18*9

*,—*100

Bankers Trust

Automobile

bl.14

1.07%

1849—

bl.15

1.08%

17.

1949—

bl.15■

1.08%

1.06%

Feb.

24,

bl.15

1.08%

1.06%

321

39%

Fire™.—

9.16

9.35

Chase National Bank*———15

16.35

17.85

Chemical Bank & Trust

40

Gecnnecticut

Investment

15.40

16.56

Commercial National Bank A

Co

.1

3.34

3.63

Trust

—10

-J

Co

2AO

6.38

Independence Trust Shares—1

2.08

2.38

4.50

4.93

Shares-

1955—

1

Continental

Bid

23 'A

53

76

80

Sterling National

—25

11%

12 %

Title

—12

31

33

Ask

Par

Bid

Home

—8

10

39%

Public Nat'l

50

54%

Insur Co of North America—.10
Jersey Insurance of N Y20

104%

52%
59

—

$2.10 Prior preferred
—.10
$1.05 Convertible prefemd.8

21%

42%
914

103/4

Massachusetts

18%

20%

Merchant

121/2

14

Merchants -A Mfrs...

Fire

Bonding—...8
Assur.——8
4

Causalty (Detroit)—10

National

60%

58

National

Louisiana

80

61%

York

New

12%

13%

45

47

21%
28

0

22%

25%

85

Northern

52 3,4

34%

*1088
'

■

Elec

v

100%

102%

'. 4 %

13%

101 % :

102 lA

Power

3a—

*,1970

R-1982

Pactflc Pwr & Light $%•—*1977

105-

100%
•

101%

101%

v

102 %

_1978

IOOV2

a

3%

101%

102%

Wise-Michigan Power 3s

-

-.10

56

59%

Providence-Washington .—.—10

31%

33%

—20
ty A Deposit of Md
—10
of Phila.
Fireman's Fund of Frisco— —lO
»*s of Newark.—8

158

GMbe

A

Republic
Otohc A Rutgers Fire
9ml preferred.

8
com. —15

American

—15

60

Reinsurance Corp

75

78

Republic

13%

5

Hertford

>

steamboiler.




—10

—10
—10

lOi:

86

tf

■

Pow A.Lt 4.60%

88-

-

103%

105^

104%

105%

pfdJ'100

103%

104%

102%

103%

14%

80""

*

83

14%

Tobacco—

preferred

101

100

1011/2

.

'84

*

Tennessee Gas Transm's'n Co—
4 % % ~ preferred
1..1——100
_Texas Eastern Transmission*!.*
Tucker iCorp_ "A"—
—1

t.

*

93

*

95*

"

11%

12%

'1%

lVa

14%

(N Y)

(Texas)

....

20%

22%

43%

453/4

9%

10%

Surity.
Security (New Haven)...
Springfield Fire A Marine.

23%

27%

Standard Accident

73

29%

31%

..2

..5

..10

27

29.

12%

74

77

5%

-

77

Seaboard

28%
116

31%

30%
119

33%

10

47

50

29

31

.10

44%

46%

10

29%

10

31%

,

j

•

—

a.Odd ,lot;.sale ;(not included in year's range).

included

U

S

loo

590

615

Fidelity 6c Guaranty Co—.2

47

in

year's range)

(Un) Admitted

49

Fire

.4

^

U S Guarantee

Westchester Fire—

10
_

2.50

56
73

36%

e

i

Ex-interest.

change;-n Admitted to trading N. Y. Curb.
dividend.

Travelers
U S

Hanover Fire
Hertford Fire

81

163 ^

56

St Paul Fire A Marine..

General Reinsurance Corp.. —10
Glens Falls
8

,ir_

Penna

Reynolds (R J)

3%

in
:

96%

-

Pub ^Ser
(Colorado)
4.40% *100
Public Service (Indiana) •»
3.50% preferred
—100

.4.50%

Preferred Accident

v

'Public Service of New Mexico.?

101%

;1978

st Penn Power 3s*—

.49

Phoenix

66

20.

89:

95%.,

.109

preferred

tN Y State-Electric A Gas—

f

San Diego Gas A El Ss*^.—1978

85,

—™

100

*

81

**

—

.

"88

4.50%
preferred
..—100
jDkla Gas A .El 5%% pfd
100

k—v

7

100

■

■.*>

15%

24%

6

t

.19

pfd-108

preferred

4Vz%

43.

.22%

Ask

23%

New England Gas h Elec—

40

.2.50

-

Kentucky Utilities 4%% pfd.100

102%

Pac Gas A Elec aVis ser

Fire

*

102%

Ohio

—..._B

Bid

22%

- ■

^

,102

-101%

30%

-

Refining

Kansas^City Power A Light—

£

101

New England Power 3s.—.^*1978

28 %

33%

Fire Assn

550

,

29

.5

Par
A

Mont (Allen B) Laboratories
.5%,cpnvertible preferred
,20

100%

.

1978

3s_

46%
35%

25
Pacific Indemnity Co.—10
,

10%

520

:*Du

—

Northwestern, Bell Tel 3%s-1079

12.50

Pacific

68

9%

..

.

1;

7%

,6%

31%

Skyers * Reinsurance

39%

64

'

.30,

543/i

32%

*

Narragansett

44%

Northeastern

81

94%
100

27%
-

v

Fire

1967

Michigan Bell Tel 3%s

^

27

River

Oil

Ashland

100%

Florida-Pow A Lt 4% %

84

10

—

84%

37%

100

Stocks—

Ask

99%

Lt J%___1978

33%

Amsfferdam Casualty—2
New Hampshire
Fire..—10

t

A

.0

National Union Fire
New

37

Pow

.—10

Fire

.1978

Cudahy Packing 2%«—

.

•

63

20%

Guarantee & Trust

$1.20 conv, preferred

29

42

63

.

& Trust.17%

■United States Trust

108%

39

—10

•I

Bank

Security Issues

Bid

Arkansas Pow A Lt 3 %s_

Ask

27%

47%

28%

■mptoyees Group Assoc..—

38%

24%

51

50%
203.

2.36

82

78

203/4.

Casualty

Crtun AForster Inc

Trust Co—.20
48%
Morgan; (J P) A Co Inc
100 X197
National- City. Bank-*
36%
12%
81%
New YOrk Trust.——
25

3.32

—.1

18

.10

46%

44%

Manufacturers

North Amer Trust Shares—

Trustee

19%

Life

30*

10
14%
15%
•1,420100 1,380

37%

Piduolary Trust

7.35

4.73

i.

269

28

_25

10

Federation Bank A Trust—:—10

10.91
4.32

1,250

260
.

—20

Exchange Bank 6t Trust_20
Empire Trust
50

Series E

.100

—

**—-

34%

r

Trust

Ask

Bid

.100 1,190

Bank,

Irving Trust —
Kings County Trust
Lawyers Trust"

'

-

Corn

Diversified

—10

General

Guaranty

42

Investing Corp — ..1
1
—.1

National

Industrial Bank of Commerce* 10

87

11.91

30

8

*

103

Type Trusts—

North

Camden

Par
First

41%

V
32 V2

Continental Bank A Trust
Unit

Ask
25%

99

14.37

16 34

——28

1949-

Ciiy Banks & Trust Cos.

84

27.13

59 %

BmSests A Shippers

1.06%
1:06%

3, 1949

100

13.17

10

^—

bl.13
bl.13

10,

306

10

Brooklyn Trust

24.87

28

-.25
.10

Ask

19491949—

20,

Feb.

Central Hanover Bank A Trust 20

9.10

21.98

10

Surety..,.

Jan.

Jan. 27,

7.05

Maryland Casualty eommoit—.1

Reserve

Bills

Feb.

23%

Bonds—

American

1.60%

Feb.

Recent

__2%

1.50%

1.00%

Insurance Companies

Be-Insu^ance

1.60%

1)1,60

1.03%

0.89

1

Series

American of Newark

bl.65

1-49

1.03%

Bid

Bank of the Manhattan Co—10

17.31

Shares.—

Fund

Income

United

Par

79c

71c

Fund—.!

Union Preferred Stock

13.4^
28.51

Series 1956.

American
American

bl.65

1-49

0-

bl.13

-

49.00

5.87

—

94.22

American" Alliance.....
_10
American Automobile...
—4
American Casualty
5
American Equitable Assur
8
American Fidelity 6c Casualty.8

1-49

8-

hi.13

1940*

77c

69c

20.87

C

44.68

.28

7-

10.92

,

46.00

1

B

7.40

16.17

,

1-48
1-48

12- 1-48

20%

19

1
1

Fund series A

Union Bond

13.21

23.06

..

10-

11-

Wi

bl.12

79c

27.27

.10

1.60%

47.49

Inc

Union Common Stock Fund

_10

1.40%

bl.65

k

92.24

Insurance.

bl.50

bl.12

-

•

Fund

43.79

Life.—

2-49

6-1-49

Bid

0.90%

Dec.

10.66

Selected Amer Shares——.2%
Shareholders Trust of Boston—1

Loomls Sayies Mutual Fund—*

Aetna

5-

1-48

Ask

Dec. 1,

8.60

9.73

Bid

1
1

Republife Investors Fund
Russell Berg Fund Inc
Scudder, Stevens A Clark

6.75

Par

1-48

9-

United States Treasury

6.78

1

13.18

A Surety... *10

Ask

12-

wi

5.60

——

toomis Sayles

Aetna Casualty

Rate

Bid

1.40%

2-

3-

1-48

5,75

5.11

equipment

Tobacco

25.19

Second Fund—10

bl .50

1-49

lr48

7-

7.80
2.62

4.84

98c

1.

1-49

5-

6-1-48

1.55%

11.59

——1

Utility———

12.05

1

.1.65%

*

0.28

10.58

7.35

4.00

71c

Stks)-1

1.50%

1.30%

1.55%

1-48

16.43

.1

Pacific Coast Invest Fund

Railroad

Ltd—

com

8.47

sovereigft investors——J—1
Standard Inves Co Inc
10c

(Low Priced com Stks)
Knickerbocker Fund
;

1.30%

bl,50

3-1-48
4-

.0,69

8.84
14.99

—I

—

5.95

21.91

(Appreciation

1

—

8.04

20.27

8-4

Ask

bl.55

Due
12-

1.55 %

1.55%
1.55%

8.19

stock

4.69

.

.*1

10.02

Investors—8

common Stks)-1
com Stocks)1

.0311

11.22

9.14

1.64

(Income

.9842
.9764

100.0145

Due

Dated

Bid

1-48

1- 3-49

Dated

Rate

8.37

10.24

4.46

S-l .(Quality

7.64

.1

Public

7.10

6.36

——1

...——

Machinery
Merchandising

4.85

(Speculative Bonds)—1
K-l (Income pfd Stocks)
1
K»2 (Appreciation pfd Stks)-1

.0225

09.9647

_

Federal Intermediate Credit' Bank Debentures

10.16

Insurance

i0.04

1,60

B-4

.0115

99.9741

6.10

stock—.

Bank

10.71

10c

(Investment

8-3

9.69

5.80

5.57

9.77

4.42

Bonds)— 1
B-2 (Medium Grade Bds)—1
B-3 (Low Priced Bonds)—
1

'
,

8.84

1

Diversified preferred stock—X
Electricial equipment
1

Keystone Custodian Funds—
B-l

100.0039

July 1, 1949—
11%S Oct, 1, 1949——

11.04

4.13

Co of America—!
Investment Trust of Boston—1
Investors Management Fund—1

.0166

100.0056

1, 1949.
11 VeS Apr. U 1949—
June 1, 1949
tl VeS

11,49

5.14

Investment

Ask
.0103

100.0025

—_

3.53

10.48

4.46

Insurance Group shareslc
Stock and Bond Group——lc

.0979

14.87

10.07

4.45

lc

Bid,

100.0030

tl%s Jan. 1, 1949
t l%s Feb. X, 1949

11% -Max.

10.81

3.68

lc

119%

il%s

11.18

4.06

Shares

3.33
3.23

13.87

9.66

4.73

Aviation Group shares
Bank Group shares

118

.1901

Certificates'Of Indebtedness—
.0102

AVm.% 100:0029
lApril 1, 1950-i-i———1%% 100.0714

3.64

1

*

Railroad

Income Foundation Fund

Incorporated

100.6

Other Issues

Maturity—

Ask

-

tJan. 1, 1049

6.28

...

Aviation

7.56

7.19
2.40

shares—

Railroad Bond

100.4

100.3

Stocks Inc—

Agriculture.—

9.74

lc
shares-^——lc
RR Equipment shares
lc
Railroad stock shares
>—lc
Steel shares—lc
Tobacco shares—
—lc
Utility shares-;
lc
Howe Plan Fund Inc——-I
Petroleum

100.1

*

5.48
6.77

lc
—lc

shares

Merchandising

5.75

7.78

7.41
6.41

Fully Administered

Treasury Notes—.

Bid

.

6.13

6.14

Food shares

Int. Rate

Maturity—

5.38

,

10.54

5.15

5.65
9.26
4.31

Institutional bond shares-—lc

'

July 22,. 1949-

Sept. 15, 1949—

U. S. Certificates of Indebtedness

3A4

,

1

6.02

5.54

7.17

Building shares
lc
Chemical shares
lc
Electrical Equipment shares lc

-40C4

1%S

4.70

1

-

Series

.

bond series—1
Diversified Industry
——I
Diversified Investment Pund.1

6.70

6.17

lc
lo

Ask
100.3

ioo.i

Panama Canal 3s—

7.06

1

Selected Group Series
1
Low Priced Com Stock Series 1
New England Fund
1

Chemical

Group Securities—

shares—
shares

Bid
100

1949

1.65s

101.4

-

6.83

Series

Series

Speculative

1

Corporate

Automobile

1, 1953-1951.—^a."
98
1, ,1055-1953——100.24

2%s Feb.

20,

15. 1949

1.88

-

Agricultural

1

Jan.

1%8 Apr.

4.37

——1

Preferred Stock

Income

1%S Jan.

■

1%S

99.28
98
98.12

Dollar Price

Balanced Fund

Bond

v

09.20

97:20

—

4.51

Steel shares

National

l%sOct. 1, 1950-1948
.1 y4s May X, 1052-1»5O_.

4.04

shares..——le

Petroleum

25.00

23.38

1
——1

Federal Home Loan Banks—

Ask

3.67

Furnishings shares—le

Stock Series

Baton A Howard—
Balanced
Fund

Bid

4.11

3.36

3.04

None-Ferrous Metals——lo

5.79
14.79
1.49

5.33
1353
1.36

1
—25c

Fund——;—

Delaware

Dividend Shares--

32.50
13.69
2,800
149

com—100 2,700
145

Securities

Christiana

5.10

4.10

shares——lo

Business Equipment shares-lo
Drug shares
lc
Electrical Equipment ahares-lo

Associated Standard Oilstocks

Podorai Land Bank Bonds—

4,

xEx

dividend,

y

to

Ex-rights,

rCash sales

Unlisted;Trading
z Ex-stock

bBlg yield price,

fFlat price,

k Admitted

d Deferred delivery -sftles~(hot
to

listing

N.

on

Y.

(not Included in year's range),

privileges.

wdWhen

delivered.

Stock

wiWhen

dividend.

Ex¬

tEx-stock
Issued.

•

59
■

77

38%

•No

par

dividend paid

value,
on

tin

default,

May 10.

tThese bonds

are

subject to

all Federal

taxes.
.

HEX $40

cash
s..

Volume

168

Number 4755

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(2263)
Week Ended Nov. 20

THE COURSE OF HANK CLEARINGS

1948
<

| 'Bank clearings this week will show a decrease compared with a year ago.
Preliminary figures compiled by us, based upon telegraphic advices from the chief

;

cities

of

the

States

United

which

from

it

is

possible

obtain

to

Pennsylvania—Altoona™
Bethlehem

liminary total stands at $12,580,364,120 against $12,673,592,362 for the
1947.

At

this

center

is

there

loss

a

for

the

week

ended

Friday

of

pre¬

11.6%.

3,726,984
1,133,000,000

York

New York

%

$5,715,222,185

$6,466,347. 111

522,298,149

495,697, 073

■+

5.4

850,000,000

826.000, 000

+

2.9

421,033,378

427,065, 383

Kansas City

6.9

258,532,000

San Fraticifico.

275,031, 000

Pittsburgh-

273,825,128

251,215, 775

297,980,454

277.397, 440

+

Baltimore

192,978,203

185,114, 038

Ten pities, five days.

$9,042,490,133

$9,672,771,847

Other cities, five days.

2,586,993,392

2,155,291,488

+

6,5

West

Total all Cities, five days.
All cities, one

—

District of

927,432,858

651,303,731

issue of

next

week.

We

cannot

6.602,587
204,977,676

403,447,830
36,108,900

369,588,151
4,057,895

+

7,809,463

383,129,061

319,155,911

1,049,336,395

940,844,383

furnish them

today, inasmuch

appear

'

Accordingly, in the above the last day of the week in all

has to be estimated.

cases

)

jln the elaborate detailed statement, however, which

present further below

we

3,049,745
13,765,000

j^re able to give final and complete results for the week previous

ended Nov. 20.

For that week there

was

the week

—

increase of 5.1%, the aggregate of clear-

an

in the

week in 1947,

same

Outside of this city there was

clearings at this center having recorded

increase

an

a

Federal Reserve

it appears that in the New

York District

District

of

The

5.2%.

of 0.6%.

We

(including this city)

the totals record

Cleveland Reserve District has

an

to

its Credit

the

Kansas

City Reserve District

the

increase

is

following

we

furnish

a

'

•.'

■

•'

.

'■'

SUMMARY

Week Ended Nov. 20
Federal

Reserve

let

Boston

2nd

New

6.1%, in

240,315,195
79,279,002

+ 10.2

2,052,777
141,075,564

+ 20.4

67,394,842

489,564,218 1

+ 11.2

423,675,361

95,462,089

21,287,242

.12

York

*•,

1

Cleveland

Richmond
Atlanta

7

the

Dallas

63,932,755

47,478,119

+ 20.3

242,100,000

162,700,000
2,618,006

4,860,955

St.

9th

.

4,123,712

+ 17.9

•3,763,811

+ 14.2

3.069,114

84,930,664

+ 17.0

81,202,798

54,465,358

126,424,610

109,005,108

+ 16.0

102,009,455

66,614,942

—-10

7,544,159
487,647

6,537,710

427,610

+ 14.0

382,361

251,432

142,570,155

+ 10.3

130,429,538

98,174,587

770,472,026

.

;

Federal

Reserve

Grand Rapids

654,743,148

+ 17.7

649,438,425-

12th'

San

8,135,510,344

+

1.0

6,854,783,274

7

,——

10

City—.

6

—

10

.

Ill

York

New

1,343,288

Sioux

558.761

1,209,474

+ 12.4

8,677,748

—13.2

5,729,835

-

5,326,599
3,467,008

7,247,173

6,256,334

+15.8

5,777,514

2,874,865

-60,597,000

54,469,000

+ 11.3

5,976,918

+ 15.0

45,520,000
4,646,703

28,108,000

6,872,838

42,933,223

-

78,158093

Rapids—™_,

■

59,185,866

+32.1

2,745,310
+

X

49,432,083

33,955,686

3,703.298

3.628,293

2.2

3.222,990

1,985,707

30,133,880

27,101.891

+ 11.2

24,413,648

14,656,825

16,598,578

City.

14,863,735

+ 11.7

31,567,962

7,657,574

+29.4

1,046,690

1,011,511

5.3

702,991,164

488.343,110

+ 32.4

3,517,791
11,936,827

2,197,486

2,125,276

1,528,103

875,008,253

831,255,126
3,272,147

12,832,829

+

1,180,695

.

,

—

-

4,333,141

Chicago—.

12,329,090

+

4.1

+

7,392,301

5,496,032

(16

cities)

■"

»

"

1

1

4,669,317

+ 17.7

3,418,755

4,130,592

—

3,555,935

+ 16.2

2,954,760

2,337,885

■!•■■■■

<■

1,12408*,094

..

■

1

1

■'

M'r-

1,045,751,536

^J..

1' 1

.

+

7.6

886,063,953

604,743,904

+

9.4

278.800.000

196,900,000

0.9

109,483,931

72,744,466

0.3

110,521,022

72,569,036

—10.0

1,567,614

1,330,000

500,372,567

343,543,502

Eighth Federal Reserve Distriet—St. Levis—
Missouri—St. Louis

5.2

927,432,858
772,886,870

329,300,000

133,479,133

134,759,066

142,450,934

141,961,377

1,991,872

2,213,134

638,221,939

-

Tennessee—Memphis—

651,303,731

+ 11.5

360,300,000

Kentucky—Louisville

608,233,577

+

4.9

+

—

+

534,101,051

+

Illinois—Quincy

'

489,564,218

.+ 11,2

423,675,361

289,160,381

654,743,148

+ 17.7

649,438,425

./

Total (4 cities)

452,599,563

It

770,472,026

,

''

1,124,981,094

1,045,751,536

+

7.6

886,063,953

608,233,577

+

4.9

500,372,567

Ninth

604,743,904

638,221,939

343,543,502

Federal

Reserve

District—Minneapolis—

Minnesota—Duluth

now

507,537,536

427,047,170

583,471,490

550,151,326

+ 18.8

353,907,184

our

7,965,066

5.3

7,502,354

5,143,050

294,670,775

+ 19.0

241,627,645

161,772,727

114,936,120

Minneapolis

239,517,040

466,017,850

308,430,445

St, Paul

II

:•_+■

6.1

*

—

98,229,476

+ 16.9

81,952,938
6,973,963

57,370,578

North Dakota—Fargo

II

11,122,325

393,261,897

336,633,476

+ 16.8

166,164,038

181,711,543

864,931,306

CO

740,095,051

523,396,994

15,808,339,617

13,295,456,568

3,593,941

+ 27.0

3,444,029

2,028.925

4,287,205

+ 29.7

3,628,419

2,646,452

12,224,820

9,930,912

+ 23.1

8,772,836

5,987,186

507,537,536

427,047,170

+18.8

353,907,184

239,517,040

Montana—Billings

16,611,791,702

8,294,795

4,571,259
5,558,952

South Dakota—Aberdeen

932,100,568
cities

8,709,448,355

+

Helena

7,954,739,771

+

5.1

9.5

6,669,778,442

4,708,908,534

Tenth

1947

$

1,793,321
4,339.891

—™™.—

Massachusetts—Boston-

Inc.

1946

Dec. %

1,818,802

—

$

4,555053

,

—

1.4

1,524010

3018,066

5

1010,356

1,282,094

22.1

713.412

2,040,892

1,003,712

821,980

+

New Bedford

2,174,157

2,101,086

+

0.6

Springfield—

9,374,183

7,989,645

+ 17.3

New Hampshire—Manchester

+ 11

1,225,288

6,645030

4,817,335

6,741,291

5,491,394

+ 22.8

4,422,513

3,262,044

30.847,857

25,768,875

+19-7

18,830,784

14,350,745

11,331,704

+ 10.7

8026,742

6,526059

30,494,800

+ 10.4

24,108,300

17,249,600

1,835044

1,581,642

+ 16.0

1,213,520

.

Blmlra

Jamestown

76,629,292

+

7.8

6,960,351

5,989,183
8,902,089

3,594,583

+ 12.5

6.2

316,402,192

209,750,908

13,857,189

+ 12.5

10,160,999

2,634,744

1,871,665

+ 40.8

1,915,592

+ 13.2

1,656,479
1,566*143

1,427,427
1,048,550

583,471,490

550,151,326

+

6.1

466,017,850

308,430,445

6,268,250

+

30.4

13,011,240

11,570,971

391,173,786

368,434,196

•15,596,304

''

'

"

1

■

r;

'

r

+

5,116,180
'

6,309,772

'

Total (10 cities)™™

Eleventh

Federal

Reserve District—Dallae—

Texas—Austin—.
Dallas

™>

668,791060

634,002,519

5.5

554,619,137

8,174,142
326.565,599
33,566,879

Y.i

,

Fort Worth

284,559,000

+

14,8

5,363,205
121.307,000

149,583,000

27,934,524

+

20.2

23,805,848

16,942,517

3,191,682

7,225,000

4,666,000

+ 54.8

4,635,000

4,052,000

4,414,856

3,322,951
9,882,751

+ 32.9

2,767,987

13,315,421

+ 34.7

8,234,998

1,753,403
6,188,941

393,261,897

336,633,476

+ 16.8

166*164,038

181,711,543

119,525,542
3,912,339
171,341,059

+ 17.0

100,255,4197

80,166,367

+ 19.6

3,886,891

203,544,998

•+ 18.8

114,984,730

75,377,194

60,965,686

+ 23.6

52,326*415
9,393,021

-

417059,001

Wichita Falls

j

Louisiana—Shreveport

+

Twelfth

Buffalo.

114,866,979

992,249

Federal

Reserve

Distriet—Ian Franoloee—

Washington—Seattle
'

York—Albany.

3.0

2,168,959

■

Galveston

12,548,111

33,657,900

Veeend Federal Reserve District—Now Terk—
York—

Blnghamton

+

-

Total (6 cities)
Total (12 cities)

137,798,903

572,702'

1,727,476
J

/

320,564
4,022,713

Pueblo
"

210,456

350,450
424,093
5,758,643

Colorado—Colorado Springs-.
f,

+ 40.2

+ 10.5
+ 15.0

7,504,826

Wichita

2,801,830

363,112,036

2,275,009

+

422,361
497,815
6,822,283

141,994,668

Missouri—Kansas City™
St. Joseph

866,119

480,672,128

Lowell

>

592,214
•550,000

Kansas—Topeka
I

4.1

Fall River

Haven

4,568,122

7,844,749

Omaha

1945

4.7

539046,646

Rhode Island—Providence

34.1

District—Kansas City-

Reserve

Lincoln

or

552,200,284

Worcester

Federal

Hastings

first Federal Reserve District—Boston—

IfRine—Bangor—.—

'
—

Nebraska—Fremont

$

at—

-

Total (7 cities)

detailed statement showing the figures for each city for the

Connecticut—Hartford

+

10,612,096,686

II

City

add

8,389,969

350,734,091

II

1948

New

4.2

+

9,674,050

;
—

Illinois—Bloomington

Week Ended Nov. 20

frew

1.289,365
7,043*774

—

Des Moines

week ended Nov. 20 for four years:

Portland-

452,599,563

II

Francisco

Clearings

4,494,265

6,121,775

6,114,666

Wisconsin—Milwaukee—

I

-We

15.4

10,878,130
*

*—_—

Terre Haute—

6,066.529,531

4

—

Total

Outside

+

District—Chicago-

—

Indianapolis—

417,059,001

544,556,284

2.274.914

157,296,035

7

South Bend—

$

554,619,137

940,844,383

3,964,485

1945

5.5

1,049,336,395

r—16

Minneapolis

11th Dallas

$

II

Louis

10th Kansas

1946

or

+

II

16,226,144

99,361,770

Peoria

Dec. %

1/120,926,014

13,527,940

+ 32.8

*'4,300,600

Springfield—-

634,002,519

1,179,475,342

5.9

+

65,375,256

Decatur

668,791,660

6

—

Chicago

8th

Inc.

289,160,381

20,109,122

™__;

Indiana—Fort Wayne

Reserve

8.219,985,471

"

7th

$

44,129,466

,

217,900,000

___■

Lansing-

**

11^

3rd Philadelphia

6th

cities

1947

+

86,809,608

''

CLEARINGS

$

.—12

6th

BANK

1948

Districts
—.

4th

OF

1,356,683

6,632,000

263,806,170.

W

it,\

2,220,665

2,903,398
200,636,794

Michigan—Ann Arbor—

Total

*'r

3.0

+

262,100,000

Total (10 cities)

by Federal Reserve Districts:

summary

534,101,051

+ 14.3

Rockford

the

772,886,870

District—Atlanta—

Louisiana—New Orleans—..

District 16.8% and in the San Francisco Reserve District 7.8%.In

+11.5

4,566,486

3,251,256

_

Mississippi—VickSburg

gain

a

St. Louis Reserve District of 4.9% and in the Minneapolis Reserve District of 18.8%.
In

201,584,863

15,060,800
v

93,913,891

Alabama—Birmingham—

improvement of 7.6%; in the

an

2,630,322

+ 20.0

6,140,726
279,587,008

10,753,000

Florida—Jacksonville

Iowa—Cedar

In the Chicago Reserve District there is

4,477,221

139,766,662

_

the cities

group

located and from this

are

11.5%, the Richmond Reserve District of 11.2% and the Atlanta Reserve District
17.7%.

23,648,900

50.2

+ 13.8

gain of 9.5%, the bank

iinprovement Of 1.0%, in the Boston Reserve District of 5.5% and in the-Philadelphia
Reserve

+ 26.3

8.8

Georgia—Atlanta—

Seventh

according to the Federal Reserve Districts in which they

194,819,708

3,716,751

™

Nashville.—.—

ihgsfor the whole country having amounted to $16,611,791,702 against $15,808,339,617

111,307,782

292,366,966

+ 12.1

Mobile—

we

2,961,033

544,556,284

Macon—

4,131,090

160,896,886

9.2

12,284,000
151,473,132

Columbia—Washington

Augusta

5,769,163

0.9

+

164,756,529

___

Tennessee—Knoxville

the week

as

28,592,700

+ 27.9
—

District—Blefcmead—

Total (6 cities)

ends Saturday, and the Saturday figures are not available at time of going to press.

of

5.2

+

8,886,772

Virginia—Huntington

Sixth

of

1,120,926,014

6,093,635

Maryland—Baltimore

Complete and exact details for the week covered by the foregoing will

our

1,726,052
3,101,032

0.7

$12,673092,362

1,552,092

5,748,374

g ^23 707

Federal Reserve

845,529,027 '+12.5

$12,580,364,120

Total all cities for week.

2,687,700

2,540,257

203^ 146,490

Richmond—..

1.7

950,880,595

1,883,066

4,016,277

+ 39.5

South Carolina—Charleston

$11,629,483,525 $11,828,063,335

day__

2,639,208

+ 19.8

—

7,189,062

Virginia—Norfolk

+ 20.0

2.9

+ 21.0

2,485,961

4,523,953

*

4.2

—

Fifth

3,536,246

5,272,984

1,179,475,342

Total (7 cities)

7.4

632,000,000

3,261,143

Pennsylvania—Pittsburgh

+ 11.0

Cleveland

1,878,019

897,000,000

6,523,087

YoungstoWn

*50

-

2,758,153

4.6

+ 32.4

Columbus—

8.8

+

k

558,762

+ 14.9

+

+ 22.5

Mansfield—
+

245,900, 000

242,720,636

638,666

950,084

8.652,720

Ohio—Canton

1.4

223,004, 027

262,900,000

.i

757,389

865,495

2.7

4,227,109

Cleveland—

St. Louis

1,130,780

+ 23.9

5,595,576
_

Cincinnati

Philadelphia™—
Boston

3,242.427

+ 18.6

—

Federal Reserve District—Cleveland-

Chicago

—11.6

$

10,$99,225
10,026,877

___

Fourth

x

1948

$

2,977,049

Total (11 cities)-™
1947

1946

6,378,988

New Jersey—Trenton

1948

or

3,434,644

Wllkes-Barre

Delaware—Wilmington

Week Ended Nov. 27

in

1,083,000,000

Scranton

Clearings—Returns by Telegraph

;

940,881

1,176,036

Reading

Our

1,202.588

1,166,074

Philadelphia—1

comparative summary for the week follows:

Inc.

Dec. %

1,143,796

Lancaster

week in

same

$

1,426,129

^

Chester

weekly

clearings will be 0.7% below those of the corresponding week last year." Our

1947

$

'•

Third Federal Reserve District—Philadelphia—

cities of the country, indicate that for the Week ended Saturday, Nov. 27 clearings
for'all

43

>19,926,347

26,164,023

—23.8

10,413,814

11,222,778

4,736,361

2,800,543

+ 69.1

2,094,060

1,548,401

111,712,701

99,896,362

+ 11.8

84,678,197

56,193000

2,176,731

1,785,768

+ 21.9

1,397,732

816.824

1,806.351

1,975,123

7,853,599,846

—

8.5

7 akima

865,202

New York

7,902,343,347

0.6

6,625,678.126

5,903*188,152

Rochester

25,510,588

18,850,805

+ 35.3

16,075,728

13,572,896

Syracuse

16,110,355

11,426,291

+ 41.0

9,876,844

5007044

12,148,466

139,825,012
4,080,467

—

Utah—Salt Lake City

California—Long Beach
Pasadena.

-

12,545,667

5.6

7,090,809

0.9

426,197,207

+ 12.8

11,141077

3,118,048
71,006,673
36,0330 86
10,497,947
5,187,779
300,251,744
7,523,019

+ 13.4

4,214,985

2,854.551

6.8

10,903,819

6,157,180

7.8

740,095,051

523,396,994

15,808,339*617

5.1

13,295,456,568

7,954,739,771

9.5

0,669,778,442

10,612,096086
4,708,908,534

11,172,768

—

9,501,320

10,063,183

456,893,164

461,065,786
11,770,870

5,301,216
11,153,765

tO, 439,638

932,100,568

•.

—

13,277,765

San Francisco

1,465,189

-

j™

Oregon—Portland

864,931,306

16,611,791,702
8,709,448,355

San Jose

+ 12.3
—

—

9,266,298

+

Santa Barbara

—

'

Connecticut—Stamford-™.
New Jersey—Montclalr

Newark

Northern New Jersey
Total (12 cities)™




13092,369

13,412,007

810.564

55,417,918".

;

't

+

4.3

734,073

+ 10.4

700,425

472,323

46,409,428

+ 19.4

39,607,555

25,581,773

65,441,839

58,456,675

8,219085,471

8,135,510044

r

+11.9

50,647,138

37093040

1.0

6,854,783,274

'6,060,529,531

Stockton

Total (10 cites)™
Grand

Total

(111

cities)

Outside New York•Estimated.

fNot included in totals,
+.

JNot available.

4,674,435

+

+

*»**«« m<4

44

COMMERCIAL & FINANCIAL CHRONICLE

THE

(2264)

Monday, November 29, 1948
Company and Issue—

Foreign Exchange Rates

*

'

National

Secretary of the Treasury the buying rate for cable transfers on the different

give below

EXCHANGE

FOREIGN

CERTIFIED

RATES

19,

TO

1948
Noon

Monetary Unit

Country and

RESERVE

FEDERAL

BY

NOV.

.

countries of the world

Consol.

NOV.

Euying

BANK

for Cable

Rate

TREASURY

TO

OF

ACT

Transfers in New

PARTIAL

•

,

b%

,

.

peso—

.207733*
.251247*
.200000*
3.212313
.022850
.054406

franc—

Belgium,

—

cruzeiro—

Brazil,

'

,

—

.054406

.054406

.054406

l.OOOOCO

1.000000

1.000000

.923984
.020060
.208535
4.031484

'

.924296
.020060
.208535

■ S
.297733"

,

• '

.251247*
Closed'
*

*

^

Official

I-I

Free

Czechoslovakia,

koruna

-

_

(Metropolitan), franc—

I—I

Pree

.003174*

■

_

__

guilder

_

-

.301678
.145053
.375762

rupee

,.1

Mexico, peso
Netherlands,

•

"

*

'

.301678
.145053
.375550

'■

••

-r

.

••

Official
New

"pound

Zealand;

Bpaln

;
—

------

-

-

-

'

.091324

.

krona

Switzerland, franc
Union 'of. South

Uruguay,
Ukuguay,
Uruguay,

3.991542
.201580
.040317

"

Africa,

pound————

peso

—

peso——

—

:

—-

"

————-

peso—

___—

Uruguay, peso—-I

,233629
4.007500 : '•
.658300*+
.588223*+'
;561799*+
.531909' +

-

—

—:

.

—

.278228

*
1799

-

_

"

.588233*+
.561799"+

b%

debentures,

Riverside

Golf

(A.

1st

.531909*t

*Nominal rate.

-

-

A.

,

Gas

*

P.

W.

■-

Denver
1st

.

$57,000,000 at all reporting mem¬

reporting

all

at

member

Holdings of

banks.

United States Government bonds increased $34,000,000.
thousands

(In

of

dollars)

Nov. 24,

A

Nov. 17,

'

Assets—
Gold

Redemption

1947

$

22,255,431

for

F.

22,215,428

20,660,170

627.250

.:

fund

notes

■

$

$

certificates

Nov. 26,

1948

627,249

682,968

R.

___—

Total gold ctf. reservescash

Other

22,882,681

22,842,677

21,343,138

260,700

262,621

581.864

282,153

370,491

980

973

4,721

4,941,444

12,669,278

6,020,619

6,033,819

780,950

advances

and

255.486

5.025,794

Discounts

798.200

11,165,827

11,156,309

928,033

22,993,190

22,929,772

22,239,463

Industrial loans

Acceptances purchased

decreased $23,000,000 in the Cleveland
District, $18,000,000 in New York City, $17,000,000 in the
San Francisco District, and $66,000,000 at all reporting
Borrowings

629

U. S. Govt, securities:

Bills
Certificates

>

1

Notes

—

—1.

Bonds

—

A

of the assets and liabilities of reporting

summary

member banks follows:

**

--

Total

securities—

and

Due from foreign banks
Notes of other banks—.

W. R.

Uncollected
Bank

Dec. (—) Since
Nov. 17,

loans

23,212,898

49

22,615,307

_

49

...

Other assets

136,385

2,611,422

32,236

33,201

223,088

217,344
50.436.199

Investments—total

assets

47.062 343

Loans

chasing
U.
notes

24,166,269

24,089,861

24,635,733

bank—reserve

acct.

19,934,421

19,952,523

17,120,791

Treasurer—gen.

acct.

1,650,293

1,590.887

1,313,369

465,940

471.726

450,700

Real

456,204

428,980

518,477

Loans to

Other

S.

2

Foreign
Other

1

Other

Total

5>ci

deposits

22,506,858

Deferred availability items—
Other liab.. incl. accrued divs.
Total

22,444,116 "

2,397,357

3,113,089

2,292,519

14,503

12,418

20.405

49.084.987

liabilities

U.

19,403,837

49,659.484

46,352.496

8.

200.184

Other capital

;

200,124

448,189
—

accounts

448,189

27,543

439,823

27,543

49.867,442

Cash

48,023

50,436.199

Contingent
purchased

combined

liability on
for foreign

respondents
Commitments to

:

■

49.1ft

make

48.5 ft

bills
1,858

2,905

indus¬

trial loans

6,104

+

13

—•

Salt

202

with

in

+

2

—

476

;

—

2

—

+

7

+

4,035
228

securities—total

Reserve

9

+

48

8

+

485

33,525

+

206

2,511

+

57

—

+

1,678

+

95
20

—

+

34

—

—

18

—

'

+

The condition statement of weekly reporting member
the Federal Reserve System in
leading cities
shows the following principal changes for the week
:

—

27

+

2,140

825

industrial

and

agricultural

loans

de¬

$32,000,000 in New York City, $10,000,000 in the

Boston District, and $15,000,000 at all
reporting member

—■

25

+

8

2,350

;

142

+

46,907

—

14,874

—

8.

deposits adjusted.—
deposits, except Government
deposits

Government

^

1,664

!

—•

$11,000,000 in the San Francisco District.

brokers and

dealers

to

—■

715

29

+

360

+

547

+

+11

139

—

demand

interbank

21

1,416

and

286

—

U.

S.

Govt,

for

;

.

;

Holdings of Treasury bills decreased $50,000,000 in New
York City and increased in all of the other




62

York

Gas

Roman

Co.,-

reported gross,

are

net
a

as

gross

districts; there

previ¬

6r/o

in

•Announcement

in

we

preference

stock

6

Pago
2109

*
Dec*

1

Dec

:

1

1907

1803

Corp. for the Diocese of

"

"

this

Dec

1

—Dec

1

1149

Any time

1260

stock—

issue.

—Dec

tVol.

166,

tVol.

165.

1149

27

*

§Vol.

167.

ord of past dividend payments in
many cases are
under the company name in our "General

given
Corporation

and

Investment News

declared.

Department" in the week when

-

dividends

announced

this

week

are:

Per

Name of Company
Acme

5%

Electric

Corp.,

preferred

Advance

Share

IV2C

fquar.)

common

(s-a)

Aluminum

$2.50

Castings

12V2C

iquar.)

Extra

5%

preferred

conv.

Agricultural
N.

Y.)

6%

(quar.)

Insurance

Allen

Pacific

3

12-

6

12-

6

12-

1

25c

12-15

12-

1

i__

Co.

(Watertown,

,

Salmon

Co.,

preferred

Co.

of

Canada,

4

12-15

12-

I

12-17

12-

3

12-22

12-15

62V2C

1-

2

12-15

35c

(quar.)

12-

1

11-19

15c

12-

1

11-19

(quar.)
:

-

Aluminium, Ltd. (special).^
preferred

4

12-

15c

;

Aluminum

12-

Co.)

—

Extra

12-24
12-24

50c

Co.

Company

12-15

$1

(Alan)
(resumed)

common

convertible

(Louis)

3

$4

Wood

(see

1-

$4

preferred

Industries, Inc..

Alliancewaro

4%

11-24

1

12-16

75c

participating

$2.50

12-

12-

12-16

12-15

(quar.)

Wood Steel Co.

Alaska

Bolden

12-15

40c

(year-end)

Alabama Great Southern RR. ordinary
Alan

When

Payable of Bsc.

12V2C

Aetna Ball & Roller Bearing com,

+75c

12-27

12-

3

Ltd.—

(quar.)

J25c

3-

Goods

v

Manufacturing

2

Extra

Note

Chemical
Co.,

Co

(quar.)_

common

2-

40c

12-20

12-

2*

12-20

12-

2*

85c

1-31

75c

;

—

Agricultural
Bank

1

25c

Aluminum

12-22

40c
60c

preferred

75c

(quar.)

American Barge Line Co.

com.

Cable

1-

1-13*
12-

8

3

12-

6

12-28

12-

6

1-

_'

(quar.)

12-

6

35c

12-15

12-

1

35c

(year-end) Z

American Chain &

12-15

3

12-3

50c

(quar.)

District

Co.

(N.

Factors,
Hardware
Home

Hoist

Ltd.

Products

(quar.)—

American

Conv.

prior,

pfd.

American

Laundry
Machine

Co.

B

3

3

12-14

12-10

12-

1

12-10

12-

1

12-15

12-

6

50c

(quar.)

12-10

11-30

1-15

12-31

97 ^c

(quar.)
I—

Metals

—

25c

12-30

12-10

12-15

11-30*

12-15

12-

I

3712 c

12-15

12-

1

$1

(year-end)

10c

37V2C

Corp.

12-15

12-

1

Chemical Corp.—

(quar.)

preferred A

1-

•50c

Co.—

Foundry

(quar.)

A

Class

$4

12-

Delaware—•

(s-a)

&

1

11-30

12-22

75c

of

Machinery

prefered

12-

12-15

50c

—

Corp.

&

12-15

10c

(monthly)
L___.

Insulator

American

3.90fe

—

Derrick

&

3

30c

;

—

Corp.

3

12-

J.)—

Quarterly
American
American

12-

12-15

25c

—

Telegraph

12-15

$1.25

$1.25

preferred

Class
Date

-

1962

we

Potash &

Corp.,

:

•

due

Then we follow with a second table in
show the dividends previously announced, but
which have not yet been paid. Further details and rec¬
which

American

Superpower

'

debs.,

week.

current

Machine

American

3%

grouped in two separate tables. In the
bring together all the dividends announced the

Phenolic

TENDER

,

are

American

preferred stock___Dec

/

DIVIDENDS
Dividends

American

OF

Co.—

164.

which the details

6ft

Corp.—

Additional

given in the "Chronicle."

<rr—

(quar.)

C

Nov

30

stock__Dcc

10

Buildings Co., 1st mtge. bds., due I960—Dec
Compania Salitrera de Tarapaca y Antofagasta—

1

1899

,.__Dec

2

2005

_E)CC

27

2120

Atlantic Gulf &

West

Indies

SS.

Lines,

common

Bush Terminal

Income
"*

bonds,

Oent■»•-»"!

series A to
^

£ r?/

N,

thclusive.L

_

_

.

Missouri Pacific RR. Central Branch Union Pac. Ry.—
4/0
1st mortgage bonds
-«.
——Dec

American

Power &

*

$6

preferred

American

Extra

212fc

7fe

(accum.)

Republics Corp.',(s-a)—__—

1

—1/—

1-

3

12-

6

1-

3

12-

6

25c

12-20

12-

a

25c

12-20

12-

a

$2

12-23

12-

3

$1.75

12-22

12-

3

& Refining—

(year-end)

1st preferred

■

—

$1.25
$1.50

Light $5 pfd.

(accum.)

American Smelting
Common

I

»

.

T4" *

Ontario—

bonds, notes,
preferred and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the
redemption or last date for mak¬
ing tenders, and the page number gives the location in

NOTICE

Power

&

first mortgage

American

list of corporate

1257

;

2*122

bonds—

income

of Colorado,

Catholic Episcopal

American

Notices

'

•

.

2010 ;

basis.

Redemption Calls and Sinking Fund

2121

due I954_>_Ja|X.-;l,..

Year-end

items

*

-

-

stockl^i/i^^aS'

A,

Heat

General mortgage 5s, due 1951
Wackcr Corp., class B preferred

5%

& Traction Co.,

1
1

Anytime

preferred

Light,

\

-4

Apr

.

series

1st

"1901

1
1950___Doc

due

4s,

bonds, dated Dec. 1, 1939—
3l/t% and 4Vo note issue, dated Dec. l, 1936
Tennessee Coal, Iron & RR. Co.—

IVol.

:

1692

1'

4%

Co.

Alexandria
4%

1950-——I.Jan

-

Pennsylvania Avenue

mortgage

Public Service

112142.

1

6%

Portland

So.

1477
+2410

.

bonds, due 1949
I
—Anytime.
$2004
debenture bonds, due 2024—'81591 *
Cement Co., preferred stock—__—/iJan " I
~ 2123

Power Co.,

lat

mtge.

bonds,

Electric

&

1

1

1951—Anytime

preferred stock——ii___Dec

Corp.—

trust

Power

Purchase money

110

Jari

due

Page

'' '•*

"

1955

bonds, due 1949

collateral

American

American Light

"* '

due

mtge; 5s,

1st

Co.,

Mortgage

New

6%

were

F,

debs., series A, due 2<J24_^_July

Weight Corp.—

Brunswick

Ohio

i:: Date

Ry.—

Light

Gas

t

CALLED

"

"

series

Corp./6%

American

instead of
Year-ago figures have been adjusted to

a

_Dec

ISSUE

Co.1st

Lake

New

21,489

Below will be found

1350

~-\v

notes,

American

accounts,

week

due

39

—

66

—

552

+

deposit accounts, except

Company and Issue—

Loans to

purchasing or carrying United
States Government and other securities increased
$90,-

000,000.

111

191

+

9,538 ;

Foreign banks
Borrowings

banks, and increased $18,000,000 in the St. Louis District
and

.

Allis

in holdings of

United States Government
securities, $191,000,000 in
United States Government deposits, and $286,000,000 in
demand deposits credited to domestic banks.

Commercial,

43

7,467

banks of

creased

750
351
6,173

14,557

vault

ously reported.

Increases of $206,000,000

1,470

4,515

Condition Statement of Member Banks

17:

4,304

+

24,821

Banks

40

+

4.178

Federal

237
656

—

3,882

...

tBeginning June 30, 1948, individual loan
1.e., before deduction of valuation reserves,

ended Nov.

20-year

22

'

securities

during
6.097

2164

Power

Union

The

banks

Government

Debits

cor¬

1,850

7

*

.

..

bonds,

18

;

Interbank demand deposits:
Domestic banks
49.0 ft

+

Time

gold certificate re¬
serves, to deposit and F. R.
liabilities

77

Demand

47,062,345

of

note

+

2,277

Liabilities-

U.

m*tlo

1,286

obligations

loans

Balances with domestic banks

27,455

100,859"

106,539

Total liabilities & cap. accts.

194.548

+

purchasing or carrying:

loans

Reserve

in..

15

—

pur¬

—

Capital Accounts—
Capital paid

—

392

for

;
Treasury bills
Treasury certificates of indebtedness
Treasury notes
U, 8. bpnds
Other

Surplus (Section 7)
Surplus (Section 13b)

2,194

"

agricultural

securities

estate

Other

2,073

+

obligations

Government

S,

+

81

carrying:-

for

loans

U.

81

securities

Other

Deposits:
Member

or

Government

S.

269

+

+

410

and

dealers

and

brokers

to

+

25,193
15,568

Loans—gross)
Commercial, Industrial,

Liabilities-

Federal Reserve

U.

62,647

loans

Total

1947

24,944

and

Loans—net

70,849

49.867,442

Loans

Nov. 19,

1948

(in millions of dollars)

"

Assets—

125,712

3,733,910

Nov. 10,

1948

95

135,940

2,761,924
32,240

items

premises

23,576.034

1908

1487

mortgage 6%

first

Inc. (+ ) or

Govt, securities.

Total U. S.

1

1

member banks.

1,398,750

548

1907

1,l/

J.

7,243,405
A,

-Dec
Dec.

mortgage

Pacific

deposits adjusted decreased $64,000,000 in
New York City, $25,000,000 in the Richmond District, and
$21,000,000 at all reporting member banks, and increased
$29,000,000 in the Dallas District, $26,000,000 in the Cleve¬
land Distirct, and $22,000,000 in -the Kansas City District.
Demand deposits credited to domestic banks increased
$84,000,000 in New York City, $63,000,000 in the Chicago
District, and $43,000,000 in the San Francisco District.
Demand

1948

1801

-

—'

4% bonds, series A, due
La Cooperative Federee-de Quebec— v
2%-3Vobonds due 1849-1964.—

.

Holdings of Treasury certificates of indebtedness increased $96,000,000 in New York City and $95,-

000.000

2009

1

4%
bonds, due I960.:—Doc
Inc., 5 %- debentures—
Dec
Canada. Ltd.— -

Country Life Press

r

ber banks.

Reserve Banks Combined

.1800

1

mtge.

Paper Co., Inc.—

Electric

Butte

1st

Statement of Condition of the 12 Federal

1951

1st

\V*(/c

convertible

National

net increase of

1

15

Dee

1950

Bros.

Appalachian Power Co.; 6%

.

■■

&
of

Co.

National Sash

a

due

Ciub,

G,)

mortgage

6%
,

+Appllcation depends upon type of merchandise.

was

•

Company and Issue—

.531909*t

•

1st mtge, 4s, due

ENTIRE

Thanksgiving
Day

.658300 +
.588233*+
,561799*+

.561799*+

,531909*t

«

1693

Co.—

3%%. bends,

mortgage

Minneapolis

;

1st

Northern Ry.—

&

Spalding

4'2?Io?!Lx;
,

Corp.—

series A.—;—

Castings Corp.,

Terminal

stock

■

.233629

.233629 :
4.001500 •
.658300*+
.588223*+

/

31,

Transportation

American

preferred stock,
Steel

preference

du&.19&6_:
Public Service Co. of North Carolina, Inc.—

.278228

.278228

.233629
4.007500
,658300*+

Closed
-

•

1893
+

Dec

1st

,

.201580
.040320
.091324

>,

1

,V

mortgage bonds—Dec
1'
Haggard & Marcusson Co., 1st mtge. 5% ser. bds.____.Dec 15
Hanna (M. A.) Co., $4.25 preferred stock
——Dec
1

.

1.000000
.922500
3.991542

.201580
.040317
.091324

„

.091324

.278228

peseta

Sweden

Closed

3.991542
.201580
.040321

-

___

Norway
krone
Portugal, escudo-

1977_Dec

1968

2117

prior

Corp.,

Minneapolis Gas Light Co.,

.145053
,375725

.921875
3.991542

\

7

General

4.031484,

1.000000

due

1st mortgage 3% % bonds, series A, due 1977
Dec
Mading Drug Stores Co., 5'i debentures, due 1A6L____Dec
RR., 4 % bonds, foreign series, due 1960
JDec

'??££?!!

.921458

'

debentures,

Midi

.004671*
.003178*

1.000000

.921875

;

__

-

*"
»

Jan

^

~

Pree

'

1.000000

—

1477

2117

Union

Newfoundland, dollar—

1

mortgage tds., series P, VU %, due
de Tarapaca y Antofagasta—

serial

5 'if

Jacksonville

.301678
.145053
.375725;

,

A__Jan

ser.

2

$4.25

#

.004671*
.003178*
.

,

Page

31

Jan

General

Thanksgiving
Day

.

.924765
.020060
.208535

■

mtge & collat. trust Inc., bds.,
CO.—

Cooper-Bessemer

3.212313
.022850

4.031484

.004671*
.003176*

1959—Dec

Power

and gen.

20-year

Piedmont

.004671*

due

Compania Salitrera

-

'

'

—

__

India, Dominion of,

Closed

4.031484

pound sterling,..

Official

"

.924375
.020060
.208535

_

Deiiinark, krone.,

England,

'

1.000000

_

Maine

1st

*

y

dollar—-

Canada,

France

$
.297733*
.251247*
.200000*
3.212313
.022850

.

'

'

-

Ry., 5%

Central

Nov. 25

^
.297733*
.251247*

.200000*
3.212313
.022850

*

"regular" products_;-;,'_™Z™l
"non-regular" products
For certain industrial products
Australia, poundFor

For

bonds,

1st

Bolivia

Argentina,

.

*

,

Nov. 24

Nov. 22

548

2012

;

Date

»

Central Terminals, Ltd.—
mortgage deb. 6tock and

Algoma

548

v;

l

REDEMPTION

'

Company and Issue—

York

Nov. 23

Nov. 20

Nov. 19

.1

mortgage

1930

*

Value in United States Miney

.

TARIFF

UNDER

INCLUSIVE

1948,

25,

Pago

•

3ft-G%. bds., series A, due 2039—Dec 15
Taylor-Wharton Iron & Steel Co., common stock
Jan
4

record for the week just passed:

a

'

Corp.—

20-year collateral trust bonds, series A,, due 1954____Jan
Special interest notes (unattached to bonds).!—
Jan
Philadelphia Transportation Co.—

certifies daily
We

requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank

Pursuant to the
to the

'

Date

Mortgage

Union

_y.

fquar.).

—

'

Volume

168

Number 4755

THE
Pet

Name of Company

American

Snuff.

6%

.

Share

,

(quar.)

iquar.r

American

Stamping
Sumatra

America it

Thread

Metal,

Post

$1.50

(quar.)

Mining

Products

fQuar.)

10c

__—.'

12-22

12-15
1- 2

3-15

$1.25

Armstrong Cork Co. 1 year-end
Constable Corp." (quar.)

$1.40

Arnold

Ltd.

J

*

(increased" qUar.)

iB;

T.),

Paper

12r27

62'Ac

1

1,2-22

12-

12-22
1-

$1

H.)

Co.

(extra) _I_

Refractories, Inc.
Body

Co.

I___i—

!

(quar.)___

Extra
&

12-20

12-

12-

1

Lomb

Optical
preferred. • quar. 1

Co.

com.

12-15

iquar.)__

■

1-

12-15
12-15

Dixie

Home

11-30

Dixie

Ice

12-

10c

12-15

tl5c

1-3

12-14

t25c

1-3

12-14

1

preferred" (quarl);
Benjamin Franklin Hotel

.;

;—$5

Birmingham Gas Co. $3.50 prior pfd. (quar.)
Black, Sivall & Bryson (increased quar.)_i_

12-15

12-

12-

87'/2e

,

12-23

12-

Bohack
Bond

Realty

Stores

Corp.

7%

pfd.

(accum.)

12-

Bridgeport

12-

6

Brass

Co.

$1

(resumed

com.

15c

12-20

12-

12-31

12-14

11-30

&

Ring

.

(quar.)

Sharpe__„____^

Piston

■_

30c

—

12-20

12-10

Eaton

12-20

12-10

Eaton

1-3

12-10

$25c

Company

Terminal

Butler

(P.

H.)

1-

3

1-

3

12-17

10c

1-

3

5%

Butte

Copper &
Corp.,

Zinc

Byrndun
Class

-

:

A

1-3
12-20

1212-

stock

the

the

on

class

,

will

common

;

shares

:

of

A

be

class

A

12-

12-23

$1.50
$2.50

12-

12-23

12-23

12-

the

at

B

rate

7

holdings

fractional
lieu

shares

: thereof

of

7

will

be

held.

issued,

stockholders

cash at the irate, of

*:

G,

of

I.

share

a

T.

said

of

Financial

California

31c

for

7

...

in

/

v

class B

stock.

*

Federal
12-23

62c

$3

preferred

Canada

5%

non-cum,

Canada

Wire

Class B

iquar.)

&

preferred

,

<

Oil

Central

Cos.,

12-15

1-25

1-

11-30
12-7

f$2

1-

J$1

2

12rl0

1-2

12-10

1-

2

12-23

12-23

12-6

12-

11-15

(quar.p___ ;$1.06i4,

Corp. fyear-end)
Storage (fnterim)____.

..."

1

.

12-23

12-3

12-17

12-

75c

12-23

12-10

12-14

12-

2%

;

*

-

Chile

/

.

_"

(N.

Y.)

com.

1

Controller

Clayton Silver
Cleveland
Extra

Climax
Cluett
'

7%
4
.

4r/Z

Quarries

&

Co.,

common

preferred

Commercial' Credit

,

12-

preferred

12-

1

12-

7

12-13

12-

12-15

lc

1-1

12-15

12-20

11-29

12-15

12-

(year-end)

-

3c

4

12-10
12-

12-15

12-

4

12-20

12-

6

12-20

12-

2

12-20

12-10

12-16

12-

Co.

Portland

12-

5

12-

12-15
1-

2

12-20

12-20

pfd.

11-29

12-3

37'/2c

12-31
12-31

20c

1-

2

(Adolf),

11-30

Jnc.

Goldblatt

11-19

Gray

12-7

12-31

12-7

37V2c

12-21

12-2

2

(initial)

Michigan

12-15

12- 4

Bros..

(quar.)

______

;

12-

12-22

$1

12-20

50c

12-

12-20

12-

3

12-20

11-30

12-20

11-30

20c

12-13

12-

6

12-13

1212-

6

(quar.)________

15c

12-15"

—J.

|40c

12-15

12-

1
3

12-31

12-

1

2

Warehouse

?62M>C

Saddlery

(W.

F.)

121212-

3

12-10

12-

7%

common

Hanna (M. A.)

(quar.)

A-

Company (year-end)——

12-

1-15

12-

6

1-

12-15

2

25c

1-

2

12-15

$1

1-

2

12-15

12-13

12-

3

12-10.

11-30

12-10

11-30

1-

12-15

12-16
12- f

12-20

12-0

12-20
12-20

11-29

12-

L

ll-lO

12-

1

11-19

v

3

12-11

12-11

12* 2

12-20

12-10

12-31
•

•

11-

12- J

$75c

1*

12-

1-

12- t

25c

1W

12- i

f$1.75
t$1.75.

(quar,)—

12- 3

i

-1*

12-

i

I-

12*

i

25c

——

—

12-10

11-26

40c

12-10

U-26

59 %c

12-30

12-46

30C

-

12-27

12-13

12-17.

12- 2

$1
—

1

Securities

•

National

;

Co.,

Ltd.,

Inc.

(Md.)

common

(quar.)

Casualty Co.

;

12-11

12-

12-11

12-

1

10c

12-15

12*

i

II-29

11-26

25c

12-23

1

12-15

(quar.)—

_

$50c

1-

3

12-10

$43c

(quar.)_
—

(Detroit)

25c

$1

—

1-

3

12-10

25c

12*15

11-30

25c

Lead

Electric

Co.

Co.

Stock

dividend

Co

(—

(year-end)

(quar.)—

^one

—

——

share

for

each

6%

preferred B (quar.)

National

Radiator

Steel

Car

Corp.,

Ltd.

(quar.)

12-

3

12-16

12-

6

25c

12-20

12-3

12-20

12- 3

12-20

12-

$1^0
15C

—

National Safety Bank & Trust Co.. (N. Y.,)
National

12-15

11-30

20

*

Co

12-15

50c

5%

Gypsum

&

30c

25c

Gas

National

6

25c

—T

12-20

25c

•■■

preferred,

11-30

25c

(quar.)_,—

•Extra

12-28

12-10
12-10

$30c

—

————

■

preferred

3

$75c

(quar..)—,

1

2

12-10

Mills

National'Breweries,

2

12-31

30c

12-10

3

$70c

(quar.)—

National

(s-a)

——■—-v-

Company,

Co.

Co., Ltd.—

Printing Co.

Extra

4%

12-31

t30c

Co.

U-22;

25C

12-20
12-

1-

12-20

12-15'

1- 3

40c

Munsingwear, Inc. (year-end)—

Nation-Wide

3

3

3

$43c

———

.i—

12-10

1-

1-

1-

12'Ac

(quar.)—

Co

Nashawena

12-15

3

75c

1

National
West

Brass

12-15

10c

1-

35c

(quar.)——

Namm's, Inc. (quar.)

32>/2C

—

class

Terminal

preferred

11-26

3

12-15

20c

^

11-29

12 y2c
^_r

________

6%. 2nd preferred (quar.)__—

12-

Co.

common

12-23

1-

5

$45c

12-

r

3

30c

;

—

12-31

$1.50

12-11
12*11

1-

.1 —

15C

Works, Ltd.—■

—

Muskogee

12-22

62 V2C

;

.

6

12-20

25c

(quar.)
(quar.)

Co.

12-15

40c

■

$1.05

12-

2

87'Ac

;

Co.

Year-end

12-13

1-

60c

—

7% preferred B (quar.)

4r%%

12-20

75c

(increased)

Service

Morris Paper Mills,

Mueller

1

1-2

12'Ac

preferred (quar.)———
preferred A (quar.)—_——

6

12-13

7%

t

12-

12-15

25c

Extra

4%

7

4

12-

60c

Moore Corp., Ltd., (quar.)——

1

'

12r

12-

12-15

15c

Manufacturing

Extra

2

3

$1.

Locomotive
Increased quarterly

12- 2

11-30

1-

12-15

,

20c

—

;

12-10

12-22

12-15

60c

_________

(quar.)_____

7'/aC

Lakes

Lakes

Haloid

(quar.)—
(quar.)

1-

$1

11-23

30C

Montreal

$1.50

11-20

25c

^

12-17

1*

12-10

12-13

II-30

15c

1-25

t

12-15

12-10

12-20

12-23

50c

Molybdenum Corp, of AmericaMontreal Cottons, Ltd.. 7%. preferred

1*

6

40c

11-29

12-

3

1-

20c

—

11-29

12-

1-

12-23

60c

20c

Inc.——

Drug Stores, Inc.

Great

Modine

12-15
11-30

25c
i___

(quar.)__

(quar,)—

Water

12-15'

12-31

12-16

$$1.25

common

Co.

Public

12-31

11-36

$1

———

12-20

1

11-30

Co., Ltd.—

12-20

12-15

11-30

12-13

$1.50

Sonr

Corp.

Middlesex

12-15

11-30

12-13
12rl3

_______

Metropolitan Building Co. (quar.)
Metropolitan Paving Brick Co,—:

40c

12-10

12-13

11-24'

87'Ac

——

11-29

$1,25

3

15c

Co.—

A

&

Machine

12-15

20c

__

Paper, Ltd. com.____,
A preferred
(quar.)
$1.20; class B preferred (quar.)—

Hall

(quar.)_—__

(quar.)___

50c

11-30

12-

Corp.

$1.50

Grand Rapids Varnish

12-

12-31

Mesta

12-22

_

12-10

1-

12-13

20c

6

12-31

quar.)

3

11-30

,

25c

(quar. >
(increased, quar.)_

Oil

Extra

4

1-

12'Ac

Metal Forming Corp.

19,

1

87 "Ac

25c

1-

Telegraph Co.

11-19

12-24

Messer

,

12-

50c

11-29

1.

(year-end)__

11-30

90c

12-

12-23

37'Ac

———

25c

——_

class A

12-15

Great

(M.)

31'Ac

~(s-a)

preferred

Gold & Stock

12-24

12-15
,

12-22

12-14

%c

6

C.)—

A_—

Extra

12-15

20c

12-17

3

&

$3.50* preferred

12-15

12-31

11-29

37'Ac

——

preferred

Extra

12-3

28yac

(accum.)

—

12-31

12-

D.

McAleer Mfg. Co., 5%
preferred
Merck & Company, com.

12-20

11-29

18%C

:

(quar.)

Martin-Parry Corp,
;
Mayflower Hotel Corp.—.

■.

12-20

3c

Co.

(quar^)

Distilleries,

12M>c

12-20

$1

11-29

10%c

(quar.)-

Coal

Gobel

3

class

Basket, Inc.,

Marsh

12-20

65J/2c

50c

Insurance

1

1-

1

12-

12-22

30c

.

Extra'

12- 6

12-10

12-17

25c

Mangel Stores Corp. (quar.)——
Mapes Consolidated Mfg. Co. (quar,)—

3

50c

Fire

12-

12-29

12-

12-15
.

t$1.50

(quar.)

(increased

12-20

90c

(quar.)_________

12-20

12-28
12-22

31

(quar.)——:

6% preferred
Corp..—

H.)

12-10

12'/2c

—_

35c

Extra

$2.50

(R.

12-23

$3.50

■

(quar.
(year-end)—

Cement

3

$2

———

Mackinnon Structural Steel
5% preferred (quar.)—^

5

12-

Corp.
Corp.

I-

12-20

37'Ac

(quai\)_
Lonergan Mfg. Co<, class B (year-end

Mexican

hfd;'(quar.)

Cement

Harvester

Alden

Great

Star

Macy

12-10

25c

Globe Knitting Works (quar.)

12-20

5

—

:

1

12-10

12-

(quar.)—

50c

1

1- 3

12-15

62 >/2c

Lone Star Gas Co.

6

12-10

preferred

Candy

Market

(quar.)_—__________

3

12-24

10c

—_—._

Products

Year-end

"

$1

(quar,)___„_

12-

$1,75

1

convertible preferred

Lone

'

Glenmore

3

——:

Brothels,

Loft

7

8iy»c

Extra

6%

Lit

12-14
12-

5%

12-

3

.12-17

|

_________

12-

25c

(quar.)

3

$1

Corp.—

4

t4c

;

2

1-

$2.50

;

12-14

__1.50

Ltd

1-

prior

Liquidometer

30c

11-30

$3

Corp.

■

Upe Rollway

1

20c

Glen

3

12-

—

12-27

34%c

1st

(quar,):

Candy Corp.

Gleaner

12-

12-

25c

Corp.
Wilkes-Barre

participating preferred
Participating

■

7%

20c

(quar.)

Supply

pfd.

Germantown

,

"

$7.50

General Railway Signal Co. com. (year-end)
6% preferred, (quar.)——____________

3

12-15-

*




12-15

12-1

12-21

$4

Consolidated Coppermines Corp

Builders

conv..

30c

Co

Consolidated Cement Corp.—
$1.40 pfd. A (accum.)

1-1

12-20

1

11-30

12-15

30c

6%
,

Year-end.

8

12-13

$1

quar.)

General

General

12- 8;

12-15

Co.—

(increased

$1.60

25c

,

Commercial Solvents Corp.

w.

12-20
12-20

•

12-30

$7

(initial)—--

(quar.)

75c preferred
(quar.)—
Lincoln Service Corp.
(Washington,
Common (quar.)

6

5c

(quar.)_

& Co.

Company

25c

(quar.)

Engineering

12-10

25c

General Electric Co.

12-15

30c

Co.-(quar.)

(quar.)_

3.60 ',t

1-3

12-10

12-10

12-

11-30

12-31

12-10

12-16

11*30

12-11

12-10

12-15

1-2

12-22

'12-22

$3C

Leighton Industries, Inc., class A (year-end)
Leland Electric; 5% conv. preferred
(quar.)_
Liberty Loan Corp., common (quar.) _______

2

12-

12-11

,

20c

Lehn

1-

12-15

—

Fink

12-10

1-3

3

25c

12-10

2c

Extra

11-18

$2

_____________

Wilans Gold Mines,
Colorado Fuel «& Iron
(quar,>

.

12-1

15c

Co. -(quar.)

preferred

Common

$1

v

(quar.)__

preferred

12-3i

1-

—

12-10

10c

:

1-15

12-31

$1.50

$1.75

"

—_

11-19

$1

preferred

$1
40c

1

12-24

12-21

10c

common

11-30

11-24

11-26

20c

(quar.)

Co.,

11-29

12-15-

2

12-21

30c
&

12-

12- 9

Co.—

Inc.

Co.

—

&

i

i
1

12-15

$1

Realty

Extra

12*

12*

1

25c

(resumed)

Vo

Sessions

&

12*

4

1-

—

General Cigar

11-18

20c

Cochenour

*

1

6

68%c

8

1-

12-15

12-

15c

—

Box

General

Lefcourt

Lehigh

12-15

12-20

$1

$1.50

Rubber—

Laboratories,
&

12-14

25 c

30c

J

2

20o

25c

',

General Mills, Inc/5%

12-

-

Co.

12-28
12-

1-

35c

Landers, Frary & Clark' (quar.)

'

62V2c

Pviro

11-18

5c

,

:

11-20

1

75c

Yards

1-10
12-20

(quar.1

dividend

9%

.

45c

,i_'

„

8

12-

(quar.)

__________——

Combustion

.

(year-end)30e

Stock

Molybdenum
Pea body

12-

$1.75

Mines

Union

Cleveland
i

Co.

12-10

$1

Co., Inc.

(Theo.)

General

12-8

2'/2c

City & Suburban Homes' (s-a)
Clark

12-

12-22
12-22

12^1

"

Circle Theater Co,(year-end)

-

Gary

1

12-15

.

,

•_

12-20

B.)

Cement

Year-end

—

50c

(increased)^-.
Inc_____.

convertible

5y2%

V

1

2V2e

(year-end)

(special)
Ry.

Street

12-

$1.50

.

preferred, (quar.
Copper Cp. (year-endi

Cincinnati

12-15

50c

•.

Chilton Company

12-3

50c

,

4'/a'A

...

3

10c

(quaT.)

Extra "——

i%

12-14

;

$1

(Julius)

Stock

12'/2c

(quar.):.

Chicago Towel Co.
.

Co.

-•

3

2I/2c
Trust

50c

(quar.)_r

less

(I.

Lamson

(quar.)————
(Calif.) (quar.)„_

are

20c

$5.50

$7 preferred (accum.)
Kingsport Press, Inc. (quar.)—

6

Portland

Lakeside

—

Year-end

12-15

12-17

(Robert)

Garfinckel

,

(

(quaf.)ti-J____-—________
&

•

50c

(quar.)

Bank

Gair

6

50c

Charleston .Transit
Co.—L*_ / '
'*
'6% "partic; -pfd. (quaf.ri'-/C-//"il_l_,l.-___'
Cbatham Manufacturing Co., class

Ch?rry Rivet Co.

12r

50c

Mfg.

ifU- preferred

•

$1,10

.

Chemical

12-10

75c

Extra

•

12-

.

25c

A

12-21

to effect two-tor-one

& Company (year-end)
Cleaning & Dyeing Co.—

payments
dividend tax.

1

11-30

_n—

Keystone

Corp.

Above

1

12*

12-15

(quar.)_—

11-26

Kleinert

—

t$1.25

12*

12-15

——

prior preferred

$1.50

_

Machinery & Chemical Corp.—
conv.
pfd. (quar.)
Foote-Burt Company—,—
Foreign Light & Power, 6% 1st pfd. (quar.)
Fresnillo Company
(s-a)
^
Extra
1

11-30

12-21

12-15

——

(accum.)—

11-26

share

Motors

Co.

25c

Mines, Ltd._

preferred

12-10

______

Power

$6

1

12-10*

12-15

37'Ac

(resumed)-

com.

12-10

Food

3

12-15

*

B

12-

3

-12-

$2.25

Ry.,

50c

& Smelting—
Co.—

J.)

1-15

(quar.) —

com.

$1,25

.

________

Airplane

12-15
12-20

;• $1.75

Keyes Fiber, 6%

12-10

Truck

United

Florida

12-20

3

.

"Class

Kerr Addison

12-

—a

1

12-15

(quar,)'_______

Valv^

12-

t$l

Central Illinois. Securities Corp.—
$1.50 preferred
(accum.)__i______ll_l^__
Century Electric Co. (quar.)
Stock dividend.
Chamberlin. Company of Amer.
(quar.)_____
..Extra'
;
-

12-15

12-31

12-23

93 %c

——

12-20

Extra

1

t$1.50

Extra

Chapman

(John

Quarterly

Year-end

50c

.

T$1.25

(quar.l

General

Cold

12-

f75c

Carey Baxter & Kennedy (quar.)
"Extra
i
Carman & Companjr4'/4% jifd.
&

Felin

Fenton

1-14

12-15

3

12-10

1-14*

15 c

& Trecker—————
Kennecott Copper'

12-1

2

12-16
12*

1

50c

Kearney

12yac

,

'

for each

1-

1

12-20

—

<,quar.)_

Co), Ltd._________
Ltd., 8'« pfd. (quar,)_."

*

Carriers

12-15
12-15

12-15

12-22

1-

50c

——

12^

4S1.25 '

—

Cable, Ltd. class A____.„___

preferred

1

,■■■

Ingersoll-Rand

preferred

Motor

1

fl5c

Ltd._Ji_l_________
Ltd.—

Co., JLtd._____
common
(extra)—

&

43%C

4% preferred (quar.)
Kansas Gas & Electric, common———■
$6 preferred (quar.)—
7% preferred (quar.L——

•

12*15

1-12

12-21

'

75c

Julian, & Kokenge—
Kansas City Southern

1

12-22

65c

Mining

Federal

1

25c

*

4'/o

Federal

1-

1

12-

Manufacturing—•

Enterprises,

7

1-

12-

12-15

•

25c

Goods

&

Railway

12-10

2-

60c

(interim)

Canadian
Canadian
5%

com.

(quar.)^"_________l/_;„___^__

Northern
Power,
Steamship Lines,

Canada

12-

2

75c

-

5%

1-

27c

.

5V2%

preferred
(quar.)
preferred
(quar.l
California Pacific Utilities

(quar.)-,

Engineering

12-20

$50c

(quar.)——

& Supply Co.,
preferred (s-a)

4%%

6

11-27

3

12*15

25c

$1

(quar.)—

Co.

12*15

12-20

5%.

—

Corp.

Fairchild

11-20

25o

•

50C

12-15

12-15

93%c

(year-end)-.

Ex-Cell-O

,

preferred

Joslyn Mfg.

Inc.—
25c

com.

12-

1-

37V2c

___________

(quar.)
preference (quar.)

RR.

(quar.)

1-

3

—

(quar.)

•

Radio

Louis)

Silver

Joseph, &L Feiss
■

12-28

•

3

1-15.

&
Schmidt Brewing Co.
(quar.)
25c
Eversharp, Inc., $5 preferred (quar.25c

of
75c,

1-

50c

Fairmont

_____

1-15

$1

Fuhrmanh

;

<

.,

Corp", (increased quar.)_
Powef, $2.50 pfd. (quar.)

Electric

35c

J.15c

t$1.75

—

receive

6/100

a

12-28

,25c

common

12-24

12-28

1-JL5

Phonograph (year-end)
Equitable Credit Corp., partic.
prcferrea„__
Participating
Participating;

*

;

Products

1-10

II-30

$$1.25

Irving (John) Shoe Co., 6% pfd. (quar.)„__
Irving Trust Co. (quar.)—

3-17

1-15

preferred

Emerson

Erie

No,

but

will

3-31

(quar,)____

Laboratories,

Rubber

12-31

25c

—

f$l

—

5y2 %

six

of

2-17

J.25c

common

Company,

5f/o

shares

100

2-28

3.75%

1-17

25c

Extra

1 %

.

each

on

12-31

1-31

$6.50
&

12-17
12-31

1-15

31'Ac

Investment Foundation, Ltd. (interim)Iowa Public Service, common
(quar.)—

11-24

1-31"

11-30
Co.

Hose

Extra

the

stock

common

Hat Corp of America
of
the
combined

12-1

<quar.)_

common

common

Controller &

Electrical

12-7

'.

6

11-30

25c

___

$3.50

12-

12-15

12* 9

93%%

Co., 7% pid. (quar.)—
Interstate Department Stores
(quar.)_
;—
Interstate Hosiery Mills (quar.)
——■:—
Interstate
Power
Co
—

•

1

1-3

Industrial. Rayon, Corp. (stock dividend)—L_
Inspiration. Consolidated Copper (year-end)
International

12-

I-15

Extra

12-20

1

11-23

50c

Motors,-

(Sc.

12-

56'Ac

(quar.)——

Pulp & Paper, 5% pfd,- (quar.)
Mortgage (quar.)

Income Leasehold
.

12-20

12-15

12»/2c

_________

12-7

12-23

particiand

common

paid

class

$1
40c

'

Boat

Electric

Elliott

"

-**'

2

J

Manufacturing, new com.
(extra)
Manufacturing (stock dividend*—

Electric

12-17

12-23

10c

_______

dividend

2

1-

Year-end

7

10c

12-14

1-

(year-end)——
$2 preferred' (quar.)——

3

12-23

A

pating,

1

12-17

10c

participating preferred; (s-a)
participating class A (s-a■
non cum. participating
preferred /s-a)

)7

3

25c

non-cum

)5

1-

31'Ac

(resumed)

common.—

Participating
$3

31'Ac

12-1

12-28

5c

-

Electric

12-17

initial series pfd. (initial quar.)______
preferred B 1 quar.)

12-15

split-up
"

12-15

-------

i

11-27

__

Huron. & Brie

common

Ltd.,

$4 par com. held

12-17

12-23

(year-end)

com.

(quar.)————

Hudson

25c

of

12-10

6

Bldgs., 7% pfd. (accum,)__
$1.75
Co., com. (quar.20c

Extra
'

3

1-

flic

"

5%

1-

12-15

50c

45c partic., class A

50c

Corp.

pfd:

conv.

Howell Electric

tl7J/ac

Co.,

shares of $2 par

;
.12-10

12-17

"12V2c

(extra)___„_

Two

/ 11-30

12-15

:

(quar.)

Extra

15c

75c

.—■.

Brewing, new
Duval Texas Sulphur
(year-end
Malleable Iron

11-29

12-29

$2.25

12-6

Rubber

12*16

f6c

2

1-

12-1

Eastern

25c
—

&

12-20

;.

Houdaille-Hershey

4

12-15

preferred

11*24

50C

12-15

12-15

Duquesne

$15c

—

(quar.)

Burrard Dry Docks, Ltd.

Bush

12-10

12-10

conv

(quarT----—15c

Extra
Bullard

5%

B

1

12-27

$1

(initial)
(initial).^

Dunlop Tire

11-30

12-14

Iron

-

,

3

12-10

G.J

A

Class

12-16

15c

&

Burlington Steel Co., Ltd.

-

Class

6

$1.37'Ae

Extra
(

12-

12-1

3

50c

B

12-

12*15

$2
12V2c

(quar.)___

(Allen)

12-10

30c

(increased; quar.)

12-15

_______

preferred

12-10

12-20

(quar.)

12-31

50c

(quar.)

Industries,

Mont

12-10

12-20

com.

(s-a)

12-31

(quar.)

preferred

3%%
Du

12-20

50c

Co.

'

Household Finance Corp. com.
33A% preferred (quar.)

preferred

Dresser

12-10

12-10

15c

(E.

Brown
Burd

12-20

u-—45c

Brooke

.---Extra

-

,

50c

5»A% conv. pfd. (quar.)
A-Broadway Market Corp." (quar.)

1

pfd:

(quar.)________________:
Draper Corp. J.—
/

11-30

50c

$3.50

Creamery

preferred

$50c

(quar.)
Dominion Textile, Ltd., common

1

12-14
12-31

Bower; Roller Bearing (year-end)
Brager-Eisenberg, Inc. ((quar.)

'

12-15

50c

,—

1-

25c

Co,.

8

12-

—

Glass

4
4

12-

12-15

_____

7%

1%

$3.50

____

,

RR. Co

12-15

12-

12-

t25c

(quar.)

Extra

11-26

1

$2.25

(quar.)

Boston & Albany

$2,

3

Honolulu Rapid Transit 6%
pfd. (quar.)—
Hotel8 Statler Co.
(year-endl—_—

12-10

$1.12V2

11-22
12-11

1-

12-22

—-

$1
A

11-29

12-23

Extra

11-20

_1_

Stores

Cream

Dominion

3

12-

Valley Gas & Electric Co.—preferred (s-a$3

6%

1

12-24

11J22

12-23

40c-

—

(year-end)

Hobart Manufacturing Co,

•

_____

Common

Blackstone
"

12-

12-11
11-24

11-29

$1.25

(initial)-—

new. com,

12-11

12-23

,

—

Extra

11-20

50c

12-23.

12-17

60c

7%

12-17

______

3

50c

Extra

12-

11-26

12-23

65c

(quar.)—_——

Co.,

Powder

3-17

20c

Common

1°

12-23

1,
2

—

(year-end)_^__i._
(quar.)__

Mines, Ltd.Dominguez Oil Fields

11-22

1

30c

12-17

4-

&

Hershey

4

lr

Donie

Extra

Canada,

"-5'/e

*

3

1-3

/.—$1.25

$1.20

Extra

12-14

-J- 3

2nd'issue
W.)

Hercules

12-10

50c

_____

Bayway Terminal Corp.
__:_1—
Belgium Glove & Hosiery Co. of
Ltd., common -i-i—*:

12-

1-3

12-24,

(quar.)—______________

12-15

$1

(quar.)

—

issue

Payable of

15c

Hollinger Consolidated Gold Mines, Ltd.—
Quarterly

12- 4

50c

convertible preferred (quar.)__
Detroit Harvester Co.
(year-end)
Detroit Steel Cprp.

11-30

25c

____—

"Bayuk Cigars, Inc:37%c

:■

12-15

-

preferred; 2nd

5% pfd»
Holme (G.

12-15

55c

5%

11-30

3

25c

(Chicago)
(s-a)
Inc.
(quar.):

Records,

1-

3

12-24

(quar.)

Denman Tire & Rubber—
Common (reduced quar.f^

4

12-15

20c

—

Bausch

7

12-6

12-24

common

Frere, Ltd., class

Hotel

12-

12-20

$1.12V2

preferred

W'itt

12-13

40c

(year-end)

(quar.)

com,

Harrisburg Railway Co. (s-a)___—15c
Hart-Garter Co. com,
(quar.)—
15c
Extra'
A
■'
15c

12-15

$1,40

common-

Corp.

Mills,

Extra,

12-15

3

$1

& Fisher Stores

Decca

12-

10c

,

45

When,

Share

—,

$1.25

De

12-10

2

Cigar

1-3

25c

,

;

Dayton Michigan RR., 8%
Long Hook & Eye Co

12-10

De

1-

Co.,

6

CHorhpany

Harnischfeger Corp.

12-15

l-

$1

Bonus'

12-21

(s-a)_.i__-,—__—20c,.

-

1

50c

■*_*•*

V2 %

12-10

$1,25

(quar.)—

4

David &

12-1

3

G.

Daniels

12-21

•

$1

Batavia

4 %

6

W.

Dan. River

6

12-

$1.12l/a

4Me%' preferredCurtis Companies
D.

/

11-30

30c

Mills, Inc

Extra

Basic

12-

12-27

1.2-20

30c

Inc., <quar.)___

.

4

25c

(quar.)

$5 pfd.

12-

40c

-

(Wt

3

12-3

_

Bangor & Aroostook RE.,

12-

12-16

50c

Babbitt

Ba-rber

12-21

Clothing

12-

1-..3

flOc

com.

Per

Ndme of

1

preferred' (quar.)__

Curlee

12-; 3-

fextra

Badger

9-.15

12-21

—''

_

(quar.)_____!

Automatic Fire Alarm

1

5%

Sugar

;

,

6

5%

(quar.)_____

Atlantic

12-

12-15

90c

(R.

Cuban

6-15

12-21.

....

Co."

>

140c

;

Extra

Associates-Investment

1

1

12'/2c
$30c

*

Extra *
Atlas Cofp.

10-

12-

Holders

12-15

5c

Extra
Creameries of America, Inc.
(quar.)
Crowell-Collier Publishing Co.

12-15

1

7-

(2265)

Payable of Rec.

10c

of

L.), Ltd.
Crane Company
(quar.)

7

25c

$1.25

(quar.)

Crain

3

12-?

$1.25

$5 preferred (quar.)

1

12-

-

$1.25

*

Asbestos" Corp.,

6

12-22

,

preferred (quar.)J1
preferred, (quar.

"

$5 preferred

4

12-10

When

Share

Baltimore, common (quar.)_____
4V2 '/c
preferred B (quar.)
4%
preferred C
(quar.)
ContinentalrDiamond Fibre Co. (quar.)__
Continental Oil (Del.)

1

12t

12-21

Company

Consolidated Engineering Corp.
(quar.)_____
1 Extra
1
^
Consolidated Gas, Electric
Light & Power
Co.

11-30°

12-18

12'Ac

.

"

$5

12n

2

$1

t.

Copper Mining (year-end)
Arizona Edison Co. common (quar.)

2

12-2312-

$2

Andes

$5

1-

$1.25

______

(year-end)

12-

,

12-10

12-13

12VaC

____

(year-end)

Cable

50c

_______

Per

Name of

2

12-2

1- 3

5 % pfd. (s-a>
iqu8f.)__"_"~__l_

&

12-

12-31

—

Co.

Anaconda, Copper

3

1-3

(year-end)-—$1

Co.

Tobacco

Inc.

Anaconda- Wire

1-

.

FINANCIAL CHRONICLE

Holders

Payable of Rec.

50c

_____

75c

American

Anchor

common

t

preferred

Ampco

,

Co.,

Extra

When

&

—

$1-

2-

1

12-20
1*

3

1-10
12-

1

3

12-15

$37'Ac

1-15

12-15

$25c

1-15

12-15

SI'

(quar.)

National Steel Corp.

10

dividend

50c
13c
40c
$1-50
75c
»0c
20c

National Sugar Refining

England Fire Insurance Co.
Haven Gas Light (quar.)__,
Haven Water Co. (s-a)

New

New
New

(quar,)-—

(year-end)

Co.

Zinc

New

Jersey

New

York Air Brake Co.

< special

—

Co. (quar.)
New York Hotels Statler (year-end)-,
Auction

York

New

11-30
11-30

t

j

$4.50

$5;50

12-1
1f" *

1- 2
12-Ji

20c

2-20

20c

Extra

—

Pacific Atlantic Telegraph

Indemnity

Pacific
'

Extra

(year-endi
Package Machinery Co
Packer Corporation (extra)
Paramount Pictures (quar.)——

$10
40c

—

4.10%

dividend

4¥4%

12-15
12-15

•

Thor

11-22

3%%

preferred

Co.

(quar.)—,
—

Suspender Co.

1- 1
12-17
12-27

12-15'
12-

Stock

the

at

dividend

of

rate

Common

20c

12-27

12-17

30c

12-15

12-

12- 1
12-29

11-15

Electric

Potomac

River

Powell
Extra

Ltd.

Provincial

pfd.

3.60'*?

12-10

Viau,

12-21

11-29

(N.

Y.)

Electric

Sound

12-15

11-24

Vogt

11-24

Vulcan

Extra

Products, Inc.
—

preferred

-

Ware

12-28

12-

7

common

$1.25

12-28

1-

25c

—

Raisin

pfd.

conv.

5 %

1- 3

12-15

12-10

11-25

12-10,

11-25

45%

-

.

Extra

1

(quar.)

Corp.

Co.

Note

prior

pfd.

&

5%

G.)

preferred

Co.

(quar.)_

(quar.)

preferred

5%

(quar.)____

Corp.

Porto

:

25c

12-20

Coal

1

11-22

12-

1

11-22

12-28

12-16

American

Tobacco

Co.

12-28

12-16

American

Woolen

Co.,

1

11-19

50c

12-

1

11-24

12-15

12-

1

12-15

12-

1

12-14

12-

1

10c

(resumed)

12-20

12-10

dends

11-20

12-15

12-

12-15
12-15
12-17
12-15

11-30

12-28

12-15

12-15

12-

1

12-15

12-

2

12-29

12- 6

1- 2

12-15

12-

1

12-

1*

12-

"

7

2

12-15

12-

6

II-26

12¥2c

12-

1

11-20

12-22

12- 3

t30c

2-25

I-17

1-29

12-15

•*12-

1

12-15

12-

1

12-

1

11-24

12-

5

12-

1-

1

(quar.)

com.

12-17

1

12-15
12-

7

12-28

1-

3

12-17
12-17

,

1-

3

12-17

$1

l-

3

12-15

50C

—

1-

3

12-15

Co.—-

/

37i/aC

j

&

"

68%c

(irreg.)

12-31

12-

5

27c

Roofing Co.
1

12-31

25c

1-2

12-20

1-

2

12-20

12-15

12- 4

12-

5

—

(quar.)—

31VaC
20c

Electric—

Corp.,.

common

(quar.y_L

$1.25

1-

3

12-15

12¥2c

12-

1

II-23

12-15

11-26

20c

.47V2C

1- 3.

12-15

10c

12-31

12-27

(quar.)

1834c

12-3i

12-27

Co.;

$1.25

12-20

12-

Inc.




6

this

week, these being given in the

preceding table.
When

Per

Power

Paper Co., Ltd.—
preferred
(quar.)—
prior preferred (quar.)

51.50
$2.50

Acadia

5%

Atlantic

Post

Ordinary

Acme

A

partic

Electric

5%

Glove

Common
Acme

preferential

Corp.,

preferred

common

(quar.)

Packers

preferred

common

$3.75

4%

common

of

Aluminum

(quar.)

4%>

20c

10-29
12-10
1

preferred

$4

Aro

Co.

11-30

Ashdown

1-20

12-20

Class

A

11-15

Class

B

11-20

933/4C

1-

1

12-10

$25c

12-

1

11-

(quar.)

15c

$50c
75c
70c

87¥2c

12-15

11-22

12-

6

11-10

1-

2

11-18

1

11-16

12-

1

11-19

30c

(quar.)_

12-

$1.25

(year-end)

12-

1

11-15

Beverage

Corp.—
convertible preferred
(accum.)
prior preferred
(quar.)

Ashland

$1.20

7%

12-15

12-

1

12-20

12-

1

12-23

12-18

1

12-23

12-18

12-

1

11-12

12-

1

11-12

12-

1

6¥4C

;

12-

1

11-12

12-15

11-12

50c

(quar.)

11-12

12-15

11-12

12-15

11-12

15c

12-

1

1Q-29

$1.12 ¥2

12-

1

50c

(quar.)
preference.

10-29

20c

,

Co..

6%

Oil

&

11- 1

12-29

12-13

50c

$1.50

1

12-15

11-15

1-

2

12-10

12-

1

11- 8

$1

12-

1

12-15

12-

1

5C¥.c

(quar.)

12-15

933/4C

12-

11-19,

1

1-

2

12-15

12-

1

11-15

12-20

11-15

tl5c

1-1-49

12-10

|60c

1-1-49

12-10

30C

12-15

30c

12-15

11-29

40c

12'-

1

11-12

$1.50

12-

1

11-12

$1.75

pfd. (quar.)
dividend)
(quar.)

conv.

(cash

25c

3%

Co.

12-

1

11-12

7¥2c

Hardware Co., Ltd.—

Refining,

convertible

2nd

11-

11-30

40c

(quar.)

dividend

(J. H.)

II-30

15c

common

preferred

(quar.)
(quar.)..

common

preferred

Associated Dry Goods, common
6%
1st preferred
(quar.)

(quar.)

(quar.)

Motion

Associated

Telephone

Picture

&

11-29

Inc._

20c

12-10

11-22

$1.68

Industries,

12-21

11-21

Telegraph—

7 %

preferred

(accum.)

6%

preferred

(accum.)

5c

12-

1

11-22

5c

12-

1

11-22

$1.44

Extra
Atlanta Gas Light Co.,

4¥a%

West

^Atlantic Coast
Atlantic

Coast

Point

Line Co.
Line

RR

of

11-21

12-

1

10-29

12-

1

10-29

30c

12-

1

11-19

$1.12 ¥2

common (quar.)_

preferred (quar.)
&

12-21

$1.50
$2

Atchlsari, Topeka & Santa Fe Ry (quar.)

Atlanta
1

12-

12-15

.12-15

12-10

12-20

75c

common

Associated

3

3

25C

(irreg.)

12-10

1-

25c

(quar.)

1

50c

(quar.)

Inc.

12-10

11-15

12-20

10c

:

(quar.)
preferred
(quar.)
Equipment. 4¥2% preferred
Mfg.

12-10

5

3

$3
Co.

preferred

Carpet

$1.25

11^. S
11-

I-

-27¥2c

III

$3.75

Stock

11-22®

6

12-10

3

25c

-

Armco Steel Corp.—
& Co., $6 conv. preferred
Armstrong Cork Co., common

Artloom

5

11-10

$1.75

Armour

Artrraft

12-

1

12-

(increased).

com,

(quar.)—

11-30

81¥iC

12-

20c

12-1

2*

1-21
12-

25c

Gas,

12-14

12-

1-31-4$

$1

Natural

12-10

12-22

1*

ir-2o|

$15c

A

12-15

12-

1*

12-

12-31*

12-15

200%

12-28

,40c,

Canada, Ltd.—
(quar.)

American Automobile Insurance Co.

American

12- 1 '

$1

America, common:

Industries,

Arch

6%

12-

11-10
12-

f20c

(quar.)

Ltd.,

50c

Aluminium, Ltd. (quar.)
Amalgamated Leather, 6% preferred (quar.)
Amerex Holding Corp. (s-a)
American Airlines, 3¥2% preferred
(quar.)_
American

12-16
11-27

12-22

$1.80

(quar.)
preferred (quar.)

75c

(quar.)

preferred (quar.)
Cement (irreg.)

preferred

1-10
12-15
12-31

1

6

►

Ltd

common

25c

convertible

preferred

11-20

12-

Co.,

$1.12¥a

(quar.)
;

Portland

12-11

1- 3

"

(quar.)

Co.,

convertible

Class

12-10

12-1

(s-a).

:

Arkansas

4

1

3

Mills—

$1

Inc.

Corp.;

Aluminum Co. of

4¥2%

12-15

80c

Inc

preferred (quar.)
Allis-Chalmers Mfg., common

Alpha

11-15

2

$'l.05

4%

3¥4 %

1

1-

115c

(year-end)

Co.

12-

*30c

pfd.

dividend

12-

12-24

12-15

12-15

1-14

(quar.)

Corp.,

11-20

$5

Extra
Stores

Stock

Argus

1

25c

3

1-15

$1/75

Extra

12-10

12-

$1.25

(quar.),

Laboratories,

Allied

3

1-

12-15

participating
Participating
Argo Oil Corp. (cash dividend)

50c

Association

Alleghany-Ludlum Steel,

Mills,

1-

12-

12-15

(quar.)

$3

$1

(quar.)

-

$4.50

1

150c

(s-a)

5 %
preferred
(quar.)
^
Agnew Surpass Shoe Stores, Ltd. (increased)
Alabama Power Co., 4.20% pfd. (quar.)

Allied

12-

12-15

12- 3

3

$1

Corp

Farms

125c

Works, Ltd., $1 pfd.
Co.

Addressograph-Multigraph Corp. (quar.)
Aetna Standard
Engineering Co., common

Alaska

1- 2

t25c

12-

3

1-

75C

Inc.
Mfg.

Cotton

$2.50

a

(interim)

Steel

Arts

Common

Arden

7¥20

(quar.)

(s-a)_

3

1-

$1.50

conv.

5

1*

(quar.)..

6%
preferred (s-a)
Archer-Daniels Midland

1

11-20

11-30

50c

12-

12-15

12-15

(interim) '

Smelting

1- 2

J$1.25

11-

11-30

(quar.).:

Corp.,

preferred

Applied

162V2C

(quar.)

11-19

11-30

common

Products—

National

Apex Electrical

f37¥2c

Sugar Refineries, Ltd.—

preferred

Class
Acme

Holder*

Payable of Jteo.

Share

&

11-30

12-15

$1.25

—

Apex

11-12

$1.75

Anglo-Canadian Telephone Co.—
Class A
(quar.)
Anglo-Iranian Oil Co., Ltd.—

7 %

11-30

$2.25

I

(quar.)

prior preferred

Arcade

Name of Company
Abitibi

Aluminum Co.

I__

conv.

Gas

12-29

we

announced

Allied

62¥2c

Edison

(quar.)

Factors

1-

25c

(quar.)

preferred

Standard Stoker

12-10

Co.—

(quar.)„

original pfd.

preferred

12rl0

6

Anchor

Andian

25c

(quar.)

11-24

preferred

prior

preferred (quar.)
Ampco Metal, Inc., 6%
6%

1

1

35c

...

7%

12-10

1

1-

convertible

10-21

1

12-

12-

3oc

Anheuser-Busch,

Below

(quar.)

12-'

11-30

$1.25

Co.

12-

15c

Wire

Corp.

Stores

Sugar Refining, 7% pfd. (quar.)
American Surety Co. (N. Y.)
(s-ai__
American Telephone &
Telegraph (quar.)

10-21

12-

12-24

$1

Extra

1

12-24

50C

American

1

12-10

50C

American

3

1

12-20

60c

12-10

1-

1

12- 8

12 ¥2c

12-10

II-

1212-

12-15

$1.75

12-

>11-

11-18

12-18

$1.25

.....

1

$1

11-19

12-15

$1.75

quar.)..

Extra

$1
-

-

Coke^

<fe

Products

(

...

25c

(quar.)

1

12-15

50c

pfd.

1

give the dividends announced in previou*
weeks and not yet paid. The list does not include divl7

$1.37

(quar.)

5% preferred (quar.)
Sperti Foods, Inc., 5% conv. pfd. (quar.)—
Sprague Electric Co. (quar.)
Springfield Fire & Marine Insurance Co.
75c

3

25c

Sugar Co.

California

Southwestern

„

12-

25c

Rico

preferred

Standard

12-23

75c

pfd. (quar.)
Southwestern Electric Service
/

62¥2c

-—

(quar.)

preferred

Southern States Iron

5%

3

*25c

(quaF.)

convertible

Common

12-

Ji5c

(s-a)

preferred

4.32%

12-22

jsoc

Carolina Electric & Gas

Common

8%>

Zeigler

I'U

(quar.)

56 ¥4 c

—

Zonite

6

Goods,

3

12- 3

10c

;

(quar.)

Manufacturing Co.

Southern

11-16
12-

12-22

$1.25

Paper Co., common
5¥2%
preferred (quar.)

South

11-26

12-20

Paper

1-

25c

Spring

Extra

$1.50

25c

(quar.)_,

Sorg

5¥2 %

11-16

12 ¥2c

Gas,

(Frank

preferred

5%

11-26

$1.12>/2

(quar.)

Simmons-Boardman Publishing

;

Young (L. A.)

25c

—

Soss

7

25c

!

Shawinigan Water & Power Co
Sigma Mines, Ltd. (year-end)
Silknit, Ltd. common

South

12-

75c

.

Co.

Oil

conv.

preferred 1st series

1- 3

35c

(year-end)

(extra)

class A preferred

$3

Co.—

11-19

12-

11-28

-

10c

:

1

8-

$1

(s-a)_.

preferred

$4

11-30

12-

Corp..

Safety Razor Corp. (quar.)
American Seating Co._„
American Smelting &
Refining, common
American Steel Foundries
(increased)

-

12-10

1

W

Finance

1-

$1.25

12-

25C

National

1-

50c

preferred 2nd series (quar.)
Mfg. Co

30c

50c

Brothers, Inc. (quar.)
Seiberling Rubber Co. com. (resumed)—

5%

1

1

12-

American

12-10

1

12-

11-15

1

$1

31V4C

—

Yale <fe Towne

12 '/2c

Co.

(resumed)

Bank

Shoe

4%

7

25c

Pacific

Seeman

Shattuck

12-20

25c

(quar.)

Rocky Mountains &
Corp.___,_

Schwitzer-Cummins

Selby

1
1

25c

Products

Arms

Seminole

t-,r4'/o

12-

10%.

„

St, Louis Public Service class A

4%%

4

12-10

Manufacturing

12-27

12'/2c
—.

_

Security

12-

2

12-

12-

Wrlsley '(A. B.) Co.—

$1.20

Safway Steel
'. Extra

Seagrave

4

12-10

12-10

12-

12-15

12-

25c

...

25c

—

Worumbd

12-13

11-12

12-15

12-17

Co

preferred

7%

11-15*

held.

t25c

cdinmon__

preferred (quar.)
—
Bros., 4¥2% preferred (quar.)-———

3

shares

$1.25

Co.,

12"

.

12-20
1-

5%

10

(quar.)

Meter

Special

3

12-10

30c

(quar.)_

12-

10-20

.

Woodward

Woolf

12-

11-15*

1

12-15

$1.50

each

Foundry
Ltd., common

Co.,

Common

3

3

15c

(quar.)

preferred (quar.);—.
& Lothrop,
common

30c

*

Safety Car Heating & Lighting Co. (year-end)
Safeway Stores, Inc. com. (quar.)
5% preferred (quar.)—

Louis

11*30

conv.

12-

1-

1

12-

37¥2c

American President Lines 5%
pfd. (quar.)..
American Radiator & Standard
Sanitary—

II-30

12-

$3

div.)

12-31

11-20

12- 8

Electric

&

1-15

3

1

H-24*

12-20

20c

(stock

Gas

American

1-

12-

12-10

"75c

12-17

12-15

12-14

20%
Co.

Madison

Metal

American

12-1

12-29

12-20

10c

—

of

preferred

$6

11-30

3

75c

(quar.)

5

12-24

1-

«•

Fomite—

Co.
($16 par) for
American Machine <fe

American

6%

10-29

3

25c

(s-a)

Illinois

Light & Traction

American

75c

Newspaper Machinery Corp., common-

5%

dividend

of

1-

40c

—

-

Steel

(Alan)

preferred

15c

—:

Savage

7

12-14

50c

:

(quar.)—

Stock dividend

5%

1-

50c

10c

(year-end)

(quar.)

Rotlnnoor Corp.
(year-end)
Ruberoid Company (year-end)—

St.

Wood

H.)

Ltd.

Wood

2c

Ltd

(Consider

Wilsil,

12-

5c

Tool

&

Wlllett

12-23

5c

Inc.

1

(quar.)--

Corp. (quar.)—
Willapa Harbor Lumber Mills——

12-10

Extra

common

1

Co.

12-20

"12-27

1

12-15
1-

(irreg.)

3

$1

Co

Co.

Motor

pfd.

1-

$1.25

12-

(quar.)_
(initial)
(monthly).
:

12-20

•

10-29

75c

3

$1

1

Co.

preferred

France

share

1

$3

(s-a)

(yoar-end)-

Wlckes

1-13

,

Pendleton,

12-

White

12-15

——

Paper—

Cable

6

12-21

—

Trust,
Companjr

6

12-

Paper

8

35c

-

(Boston)

Corp., common
preferred (quar.)

12-

;

1-

25c

——

Steel

Whltaker

I2V2C

Extra

Rhodesian, Selection

12-

1

12-15

12 ¥2 c

1

I-17

2-25

50c
93%c

(quar.)

2-

2-28

125c

;—

(increased)

Company (quar.)

prior

Stock

American

1-10
12-

3

10-29

$1.50

$3.50

(s-a)

Year-end

^

1-20

12-

1

$1.25

_

25c

1

Western Real Estate Trustees

$5

12-10

12-15

(year-end)

common

25c

guaranteed

RR,,

12-

12-20

75c

(quar.)

Wheeling

12-11

"1-10?

$1.50 "

7

River

12-15

12-22

35c

prior

La

80c

1—

1

2

9

3

12-

'

Corp. of Delaware—

American

80c

—

Corp.!
Inc.

I-

2-

1-

50c

62¥2C

(quar.)
;

non-cum.

Investment

6

0

20c

Convertible

12-10

2-

a

for

25c

American

3

12-

pfd.

Assurance

1

12-10

9

3-15

of

Co.

Common

1-

$1.50

(year-end)

12-

6

Hide &

American Insulator

3

2-

com¬

1/100

Electric

Steamship
Leather, 6% pfd.

1

1-

3-15

a

$1.18%

Products

11-30

11-10

25c

of

(quar.)

12-

12-

11-10

of

50c

12-15

12-10

11-19

75c

Felt,

American Ice Co. 6%

12-15

12-22

12-15

held

City

American Home
Extra-

11-30

5

3-15

2nd

One

(accum.)-

12-31

1-10

partic. class A (quar.)—
Republic Realty Mortgage Corp

Richardson

12-

12-28

12-15

&

1

12-15

1-

for

(quar.)

Hair

12-15

12-20

1/100

dividend

Fire

Corp.—

(quar.)

System,

Warner

preferred

12-

30c

11-30
12-31

Common

12-30

5c

Co. (year-end)—

Extra

1

,10c

50c

Gear

12-20
12-

50c

.

—

&

preferred

12-31

Raymond Concrete Pile Co. (extra)——$2
Reading Co., 4% 2nd preferred (quar.)
50c.
Reading Tube Corp—
>

Roeser

Tr

preferred

12-15

t$1.25

11-19

1-15

a

common,

Co.

Corp., $2
(quttr.)

25c

"

(year-end)_

of

(quar.)

American

3

1

12-15

held

25c

t25c

common

Wabash-Harrison

1- 3

(quar.i—10c

(quar.)

Electrotype

Extra

4

share

stock

Atlantic

12-27

10c

Chemical

Detinning,

Waldorf

s—

Ralston Purina Co.,

Rapid

12-

11-18

each

12-15

I-

12-

2

30c

_

25c

City Electric Co.

American Home

—i.

preferred

partic,

50c

Quaker Oats Co., common (irreg.)
6% preferred (quar.)
Quebec Power Co. (quar.)—
3%'ft!

12-15
12-

Atlantic

2

1-15

11-19

12-15

dividend

1-14

50c

12-

11-19

1

12-15

stock

preferred
American-Hawaiian

1-

3
1

12-

City Electric Co. com¬

Electric

General

American

$1

Manufacturing

40c

—j.

—

Purolator

6%

3

—

(quar.)

6

50c

Corp

Virginia-Carolina

12-15

Gas Co.,

& Timber

Pulp

Extra

&

8

12-

$1.06 ¥4

.J,

50c

Service

$3

12-

1-

11-22

12-

held—

preferred

$2.50

11-30

12-28

1
1

11-29

25c

share

extra

American

$6

(quar.)

Equipment Co.

165c

Quarterly

4¥4 %

6

12-31

1212-

held

share

6

12-

.

3

Co.—

City

of

each

12-

3

12-10

Ltd., common
preferred (quar.)

Victor

12-10

1

4

3

1-

60c

(quar.)

Refining

Heating

12-23

150c
$1.50

12-

1-

11-30

1-

$1.12 ¥2

(year-end)

Co., com.

Electric

&

75c

Oil

5%-

11-29

12-

12-20

12-10

1

3

1-3

$1

quarterly cash dividend
(stock
dividend)
2/100

share

25c

—

12-10

1- 2

5

•

1

12-

1

12¥2C

r

Inc

extra

Common

11-

—

(quar.)
Works—

preferred

Vapor

,,

Paper, Ltd., 4% pfd. (quar.)
Light Co., 6% pfd. (accum.)

National Bank & Trust Co.

(quar.)

Co

Fund

Dye

mon

11-27

50c

& Guaranty (Bait.) (quar.)_
Wallpaper, Inc.—
4% convertible preferred (quar.)„„
Universal Winding Co. (increased quar,)___.
Upson Company (year-end)_

10c
45c
140c

Electric

Public

Piece

11-17

$1

12-

1-

50c

(quar.)

(quar.)

each

for

11-27

11-20

$1:25

Hoe

Atlantic

of

12-11

13 %c

——

Income

share

3

12-15

(special)

Growers,

share

30c

—

Corp.

each

20c

Fidelity

12-10

—
—

Public

Fastener

of
for

50c

—

—__—,

(quar.)
(quar.)

Illuminating

S.

1- 3
1- 4
12-21

(quar.)

(quar.).

(quar.)

1

12¥2C

(quar.)

quarterly cash dividend
(stock
dividend)
2/100

Atlantic

United

1

30c

.....

.

Power

—.—

$4.25

Utah

—,—

Power,

Co.,

—.—

RR.

Extra

12-10

Wine.

Valley

Pleasant

preferred

United

$1.75
$1.75
15c

—

(quar.)

—

&

com

Extra

(quar.)

preferred

Light

Corp.

Pacific

United-Carr

12-29

6%

—

Extra

Ross

12-

(initial)

A

Special

—

(quar.)

Pittsburgh Screw & Bolt

4%

12-15

class

Electric

Gas

5¥2 %

Pittsburgh, Fort Wayne & Chicago Ry.—

Rome

30c

Petroleums,

Extra

6/100ths of

held

share of each one

one

River

12-15

United

Pittsburgh, Bessemer & Lake Erie RR.—
6% preferred (s-a>——
.
Pittsburgh Forgings Co

Common

Gas

2¥2c

Union

U.

Common

Common

United

.

American

3

Common

Fixture

12-14

(quar.)—....—,.—,—

3

12-

11-15

1

City Fire Insurance Co. (s-ai__
Clutch Co. (quar.)__—

4%

——

^

Extra

Pioneer

12-

11-26

(quar.)

&

Fruit

11-26

A

Disc

Tyler

12-17

12-

American

12-10

Twin

25c
40c

12-16

12-15

3

12-10

Twin

——_

12-

$6

3

—

12-16

Co.

preferred

$4

3

$1.50
25c

Hosiery

Governor

Phoenix
Pierce

40c

Fork

¥» %

Common

12-

7

12-10

11-15

12-

40c
$125
30c
$ 1.12 Va
50c
50c

(quar.)

12-29

(quar.)

Shares-Series

12-

87¥2c

(quar.)

Extra

American

12-15

12-15

3

12-10

12-10

1

*2-21
12-lo

3

1

3

4

12-15

12¥2C

1-

1-

3

50c
25c

12-

Forging & Soeket

1-

Tucson

12-

Express

American

12'-

7

8

American

12-10

$1.75

12-

12-

11-19

437% c

Tri-West

A

12-10

preferred '(quar.)
Co.

preferred

1

mon

12-17

12-10

12-10

1

12-

12-15

37¥2c

American

share

12-28

12-10

11-30

35c

Extra

12-10

12-10

12-15

7%

12-

12-15
12-31

50c

convertible

12-28

20c

1- 3
12-27
12-14

3¥2%

11-18

Travelers Insurance

1- 1
1- 3

12-20
12-15

1

Trans-Canada

quar.)

Year-end

1
3

3

1

12-15

I*

30c

(quar.)
,

(increased

1-

3

11-24

Co.—

Common

1-

.

12-

11-24

12-10

$1.25

(quar.)_

12-15
12-10

30c

Cyanamid

American

12-10

1^

15c

11-24*

25c

com.

3

Co.

12-15

12-20

$1.50

Extra

12-15

1-10

12-

12-10

12-15

3

15c

Welder

12J

1- 1

3

50c

Electric

Corp.

93%c

A
Co

11-

12-20

Packing Co. com.

Tobin

Cigar,

Co.

(quar.)

Thomson

11-22

&

1-

-—

11-13

$1.75

(quar.)

Colortype

15c

preferred (quar.)

12-20

11.30

50c

1-

---

2

$1

American

75c

(quar.)

Extra

12-15

1

—..

.

—

1

$1.06 V4

Thomas Steel Co. common

3

1

—

12-

$1.06 ¥4

12-

Gulf

Cigarette

25c

(quar.)
Producing (year-end)

1-

Co.—
(quar.).

(quar.)

35c

(quar.)

Texas

Co.

$1.02 ¥2

common—

12-20

2

$1

Encaustic Tiling Co.
American Export Lines, Inc.

(quar.)

12-10

Foundry
preferred

preferred

40c

(year-end)

(quar.)

preferred

12-

.

12-10

6%

2

SI

Company

50c

Stock

Puget

preferred

4.25%

12-

(quar.)—

Corp.

Co.

Transmission

Texas

12-15

(quar.),,,———<

Pennsylvania Glass Sand Corp., com. (quar.)
5% preferred (quar.)
Pennsylvania Power & Light, common,,
4 Vu % preferred (quar.)_—
Peoples Drug Stores (increased quar.)—„—
Philco Corp., common (quar.)

Public

Gas

12-15

Extra

7%

Brewing

Tennessee

&

12-20

1-

(Year-end)

1

25c

(quar.)

12-10

12-24

50c

—-—

5c

Pennsylvania Coal & Coke
Pennsylvania-Dixie Cement

.

Tennessee

2VaC

preferred (quar.)
Parmelee Transportation
5%

Cos.

Instrument

Car

Chicle

2
2

Extra

2

12-

35c

common__

Co.

non-cum.

American

12-10
12-

12-24

25c

(quar.)

Taylor-Wharton Iron & Steel Co.

12-10

*12-10

12-20

12-24

12-20

11-

50c

(quar.)

Extra

25c

Sylvania Electric Products, Inc.,
$4
preferred
(quar.)___—

11-22

12-1

$2

Park Chemical Co., common

Corp.

12-17
1- 3
1- 2
1_ 2
12- 1

10c

-—

-

Co.

Lumber

Pacific

Steel

Can

American

3

12-

2

$2.25

<s-a 1
Board Co.

Box

American

7%

25c

(increased qukr.l

12-,u

$1
50c
50c

class B (year-end)—
Co. (s-a)
Co. (quar.)—
—

Filters,

United

Oliver

12-20

25c

11-20

n"24

11-29

50c

Tool

Cement

Portland

Superior

Taylor

^

12-20

11-29

1

35C

Superior
'

2
1

75c

(year-end)—.

1-

12-

1-

25c

—

American

12-

lloldere

Payable of Rec,

25c

preferred

12-20

2

25c

(quar.)

American

25c

Extra

12-16

J

$L2o
*17 /uc

Quarterly

Machine

11-15

-

non-cum.

Corp.

Sundstrand

4 ¥2 %

When

Share

(quar.)

common

25c

B

6

12-

12-24
1-

Class

12-16

8

Bcmbcrg,

Extra

25c

11-15

Service

$5

Studebaker

Superheater Company

11-15

Holding—
preferred (quar.)
—
Ohio Water Service Co
—
Old Line Liie Insurance Co. of America—

Quarterly

1

6

40c

(quar.)

com.

—

1

12-

25c

(quar.)

Terstegge Co.

6

11-23

12- 1

Ohio

&

12-

1- l

12%c

—

prior preference

12-20
1-

of Company

Extra

6

50c

common

Extra

12-20

93/4C
common

5%

Stratton

12-

1:

4%%

.

1

12-

12-15
12-1 j

preferred (quar.)
———$J-12 /*
5¥i% preferred (quar.)-.-.
$1;3/_/^
Northwestern Telegraph (s-a)__
—
•
$1-5U
Oakland Title Insurance & Guaranty Co.—

preferred (quar.)
Public Service,

3%%

Northwestern

6

3

12-

75c

quar.),

(year-end)

1212-

12-17
12-15
12- l

Inc.,

Camp,

12-15
12-

25c

(quar.)
—

Stokely-Van

12-15

3

12-20

35c

Year-end

12-15

12-24

Corp.

Per
Name
American

12-15

35c

(quar.)
—

Stewart-Warner

12-15

3

1-

U5c

Products

Aluminum

Extra

12-15

»
I- 3
12-31
**

Sterling

1-

5c

Inc. (quar.)
Stedman Brothers, Ltd.

Holdert

Payable of Rec.

Share

Company

Steak-n-Shake,

11-30

40c

Nopco Chemical Co. (year-end)
Norfolk Southern Ry. Co. (increased

Northland Greyhound Lines, com

i
J-

'

Name of

of Rec.

J2-14
J;"}*

«l

Year-end
Stock

Payable

When

Per

Holder»

When

Per

Share

Name of Company

Monday, November 29, 1948

FINANCIAL CHRONICLE

&

COMMERCIAL

THE

(2266)

46

12-

1

11-19

$2

Conn

Railroad,

common

12-14

12- 4

$2

12-13

11-15

$1

12-13

11-15

Volume 168

Number 4755

THE
Per

Name of Company
Atlantic

Gulf

Lines,
5%

West

&

non-cum.

Atlantic

Indies

preferred

Refining

Steam

,

—

i—

Imperial

Series

A

Diesel

Gold

Autocar

Mines,

Co., 6%

5 %

series

5 %

convertible

B

A

preferred

B.

V.

Inc.

D.

Co.

of

4%

7%
6

1

11-10

12-

1

11-10

12-15

11-20

12-

11-20

1

11-20

1

11-20

California

12-

1

12-

1

1

11-18
11-18

$1.50

1-15-49

12-31

$1.50

11-30

11-15

'

common..—_——
■—:—

Oil

Co.

Iron

Bathurst
Class

12-10
12-10

11-30

12-15

11-30

40c

A

25c

(year-end) ___—_„_™
(resumed.)
Paper Co., Ltd.—
Inc

2-

I-10

preferred

(quar.)
S.) Shoe Corp.
preferred
(quar.)—

3-10

35c

Packing

Mfg. Co.

(quar.)

Belding-Corticelli,

Ltd., com.
Extra
t
7% preferred (quar.)
Belknap Hardware & Mfg
&

Gossett

Extra

Co.

(quar.)

II-29

Canadian

11-29

Class

12-

11-17

Canadian

1-3-49

12-

11-15

$1.06%

12-

11-15

$1.75

11-29

11-15

$3

1-31

I-14

Extra

VU%
preferred
(quar.)
Belmont Irou Works
(year-end)
Beneficial

Corp.,

Berkshire

Fine

$6

prefened

Spinning

(s-a)

(quar.)

preferred

Extra

Co.

12-20

Carson, Plrie, Scott & Co., 4%%
Case (J. I.) Company, common

$1

1-

12-21

12-

11-15

,5%

60c

12-

11-15

CatyJln

$1.50

12-

11-15

$1.25

12-

II-15

"

—

preferred

Birtf,& Son,

(quar.)

_-™4,

—

K

'

_

5%-preferred (quar.)____
Foundry & Machine—

Steel

25c

,,540%
Black

Power

&

Light,
(quar.)

preferred

preferred

(quar.)

quar.)—r—
4.25% pfd. (quar.)

Eros.

12-

12-

11-15

6%

preferred

Company

Bohn

&

11-26

12-

11-15

Central

Illinois

Public

12-10

6%

convertible

Motor

preferred

(s-a)

11-24

4%

1-

3

12-15

Central

$1
50c

&

Bigelow,

(quar.)

1

11-20

12-

1

11-22

12-

1

11-22
1

12-15

12-

1

12-

1

11-20

12-

1

11-20

Y.

Power

preferred

Brunner

Mfg.

Co.

3.60%

preferred

1-15

1

3

125c

(year-end)
(quar.)
Oil

Co.

1-

3

12-

7

1-

3

12-

7

37 %c

25c

1-15

Central

&

South

West

11-15

2

12-12

12-10

11-30

v/1149

11-30

11-19

75c

11-30

11-15

12-

1

11-10

12-

1

11-10

12-

1

11-15

12-

1

11-15

12-

1

11-15

$1.12%

(quar.)—

1- 3

12-17

11-30

11-15

12-31

12-17

12- 1

11-10

■

(quar.)—

40c

1-15

.

1-

2

Central Steel &

Wire Co., 6%
(quar.)
Special
Century Ribbon Mills (quar.)
Extra
i

pfd.

(quar.

Nash
MiJls

(Wash., D.

prior

Aircraft

Co.

-

Consumers

Continental

12- 8

11-22

12-

11-10

Chesebrough Mfg. Co. (quar,)

11-15

50c

12-20

11-29

75c

-

12-20

11-29

(quar.)—

common

convertible preferred

(quar.)

75c

1- 3

12-

7

87%c

2-1

1-7

t5c

' 1-13

12-30

Chestnut

11-22

Chicago Corp., $3 conv.
Chicago Rivet & Machine

12-

1

12-23

12-

8

12-23

12-

8

$1.10

12-

1

11-

9

(quar.)

$1.25

12-

I

11-20

12-13

11-22

25c

Hill

Railroad

75c

(quar.)
pfd. (quar.)

12-

4

11-20

75c

12- 1

11-15

Pacific

11-30

10-31

12-

7

11-26

Chickasha

12-

1

11-15

Common

fiOc

1-31

1-14

Common

50c

12-10

11-15

93 %c

12-31

12-27

130c

12-15

11-15

12-15

11-15

12 %c

12-

1

11-15

12-

1

11-15

Common
Chiids

4%

•

$1.50
$1.25
•

30c

20c

(quar.)

$1.25

12-15
1-

12-

2
1

12-

1

12-20
11-19

Cincinnati,

(quar.)——

4%

&

Gold

12-30

12-10

12-31

12-10

12-

1

11-19

preferred
common

(quar.)

(year-end)—

(year-end)

South

Africa—

Power

Electric

Orleans

(quar.)

8

12-20

11-15

Co.—

$1
&

Texas

3

12-18

12-

6

3-

1

2-15

6-

1

5-15

S1.25

preferred (quar.)
preferred (quar.)

$1.25

9-

1

8-15

$1.25

12-

1

11-15

5%
5%

11-19

12-15

11-24

12-15

12-

3

$1

12-

1

,11-17

25c

12-

1

11? 3

12-15

12-10

12-15

12-15

12-

12-10

11-15

1-

2

12-1
1

12-

3

12-

1

11-15

$1.50

12-

1

11-18

$1.50

''12-15

11-30

,12-15

11-30

1212-

$1

$$1

1
1

1-3-49

1-30

40c

12-15

11-13

15c

12-31

12-10

25c

12-31

12-15

$1.25

12-31

12-15

50c

12-17

11-18

12-1

11-15

12- 1

11-20

12-1

11-20

1-

1

12-15

1

11-15

12- 1

11-18

150c

1

12-

8

11-

'12-15

11-30

150c

11-30

10-29

$1.12%

1-3-49

12-10

$1.13

(quar.)

1-3-49

12-10

$1

Co.

(quar.)

12-

1

11-19

30c

Co.,

common

Co.

12-15

11-26*

12-15

3

12-

1

12-

1

11-15

$1.13

1-2-49

12-15

12-15

12-1

12-15*
11-15

75c

1-

25c

11-29

$1

11-29

11-12

75c

11-29

11-12

12-

11-15

J15c

5

1

12-20

11-12

50c

12-28

75c

12-28

12-14

25c

12-

11-

1

12-14
8

common

30c

12-10

12-

$1.50

12-10

12-^

1

62%c

(quar.)

Corp.,

1-

40c

25c

preferred (quar.)

12-10

12-

1

20c

'*

12-10

1

11-26

$1.31 %

11-30

31-16

12-

1

11-12

12-

1

J25c

12-20
6

11-12

$2.50

12-15

12-

10c

12- 6

11-22

12-16

11-

5,
4

2%%
2c

3

conv.

pfd.

(quar.)--

12-20

12-

12-15

12-1

12-10

11-24

28%c

12- I

'11-15

$1.50

(quar.)___

9334c
90c

preferred

Corp

4%%

12-

t$1.25

(s-a)

Company,-334%

12-15

25c
common—™_

1-15

50c

(extra)

(quar.)

Oil

11-26*

40c

tquar.)

(quar.)

Products

Petroleum

12-15

12-15

9334c

(Chicago)

preferred

Electric

12-22

25c

(quar.)

12-31

SOc

50c

Can

Paper Box, Ltd.,
preferred (quar.)__

Gulch

$12c

62%c

America—

Cosden Petroleum Corp.. 5%*
pfd. (accum.)_
Coty International Corp. (irreg.)
Courtaulds, Ltd., ordinary (interim)
Cow

1

12-

Assurance

Wood

Inc.

Creole

11-19
11-19

12-

<12-1

130c

(quar.)
(quar.)
of

Cribben & Sexton,
$1.25

(quar.)

11-19

Cornell

Crane
12-15

Pacific

$4
—

1-

11-15

12-1

30c

Co.—

preferred A

9-

preferred

11-16

$5.25

10-14-49

3

1

J1614c

Corrugated

1-

12-10

12-

(quar.)—.

(s-a)

convertible

Coro,

5%

12-15

5%

8

12-34

3

$1

Theatres, Ltd., class A (quar.)
Co., $2.50 preferred (quar.)_
Glass, Ltd, (quar.)

Cornell-Dubilier

6-

$1

11-30

1-

25c

*

7-15-49

$1.75

12-15

25c

Year-end

8

12-11

12- 6

75c

Paint & Varnish, common
(quar.)
Extra
$3 prior preferred
(quar.).
'i
Cooksville Co., Ltd., 60c class A (quar.)__—
Cooper-Bessemer Corp., common (quar.)
$3
prior preferred
(quar.)
Copper Range Co
Copperweld Steel Co.,
common
(quar.)i—

8

11-22

11-19

12-20

$1.50

_________

Cook

3-

12-31

12-21
12-21

12-10

,

Year-end

12-

12-15

12-31
12-31

$1

:

4-15-49

$71.70

11-19

11-19

56%c

Extra

25c 1-14-49

$1.37%

3
3

$3c

of

Continental Gin Co., 4% %
Continental Steel Corp.™

25c

$5-50

12-

12-

37%c

(quar.)

preferred (quar.)
Continental Casualty Co.

5%

1

25c

pfd. (quar.)_
Industries, Inc.—

Fields

1-2-49

12-24

25c

11-29

11-12*

50c

12-15

11-19*

Crompton & Knowles Loom Works
6%

preferred

preferred

r

(quar.)

Crown Cork & Seal Co.,

$2

"•

12-1

SOc

Extra

25c

(quar.)

New

preferred

12-10

12-

$1.25

-

$3.75

25c

Ry., common
5%

12-

1

Gas

preferred

11-27

12-30

25c

Oil, common

Securities

12-15

75c
$1.25

(quar.)

preferred (quar.)—
Chrysler Corp. (quar.)
Cincinnati

11-27
11-27

75c

7%

Co.—

(s-a)

com.—

(quar.)
(quar.)
(quar.)

Company,

Christiana

RR.,
—

5%

Cotton

12-15
12-15

5%

Chicago Rock Island &
Special

25c

(initial)

25c
25c

dividend

30c

$1.50

(quar.)

Extra

Stock

preferred series A
Chicago Yellow Cab Co

—

—

11-15

12-15

$1.50

(quar.)

—

Chesapeake & Ohio Ry.,
3%%

12-15

1

12-15

$lr

(quar.)

Chemical

Corp.
preferred

112-17

11-18

12-

t$1.50

Inc.

preferred

1-1-49

1

11- 8

:

(year-end)

preferred

Continental

12-

1

*

Mines, Ltd
Light & Power

$4.52

1

12-j 1

11-15

12-

75c

$4.50

1

1-2-49

11-20

1

$1

Container

12-

20c

1

12-

;

*

pfd. <quar.)_
(Phila.)—

(quar.)

preferred

12-

$3.50

12-

Mills, Ltd., common,.—

5%

12-15

$1.12%

—

(s-a)

11-20

15c

$5

Extra —
Consolidated Press, Ltd., class A
Consolidated Textile

50c

Corporation

11-20

1

50c

(Ky.)—

Consolidated Laundries
Corp. (quar.)
Consolidated Paper Co. (quar.)

12-15

1

1

12-

25c

—

Publications

Consolidated

25c

Co.

12-23

12>

25c

Consolidated Diversified Standard
Securities,
Ltd., $2.50 non-cum. preferred
(annual).
Consolidated Edison Co. (N.
Y.)
(quar.)
Consolidated Gas
Utilities
(quar.)
Consolidated Grocers
Corp,, common (quar.)
5% preferred (quar.)

$1.12%

;

11-19

3

..

'T

12-14

1

1-

50c

Year-3nd

15c

(quar.)

12-31
12-

25c

(quar.)

Extra

preferred

11-26

.

C.)—

-

4%%

12-10

37 %c

System, Inc., clas3 A

Co.

Consolidated Coal Co.

Consumers

Certain-Teed Products—

11-26

25c

(special)—(special)

$.ir partic. preference A
(extra)
Common class B (extra)——

15c

-

3

45c

common

Insurance

Title

Corp.

Consolidated

Consumers

8

11-26

32-

62%c

Connecticut Power Co. (quar.jL^
Connecticut River Power, 6%

11-

12- 8

5-?

12-3

J.
1

•

Quarterly

11-30

12-10

6-1-49

87%c

(quar.)

Consolidated

12-

20c

50c

Year-end

11-15

12-18

12-31

Southern—

Congoleum-Nairn,

11-15

12-18

1-10

-

1

12- 111-1
3-1-49
2- 1

50c

Transportation (s-a)
Confederation Life Association
(Toronto)—

1

12-20

12-1

25c

Conestoga

1

75c

12-15

;

preferred

12-

35c

1

68%c

common

..

12- 1
12-

53%c

Community- Public Service

12-

25c
-

12-

12-15

35c

(quar.)—,;

;

11-26

12-15'
12-15

"

(quar.)

Extra

20c

(quar.)-

12-10

62%c

(quar.)

Telephone,

Commonwealth

90c

Common

1

12-1

12%c

common

-

12-1

$3

Above payment subject to
approval of SEC.

90c

3

12-

12-15

$1

(accum.)

Commonwealth

12-

.11-30.ur.1149

12-15
12-15

15c
&

preferred

12-

12- 6

1

12-16.

20c

Commonwealth

3

'12-20.;

$1

$15

quarterly basis)

Co.

Commonwealth Life

1-

1145

11-24

—

Commercial Shearing &
Stamping Co.—
Increased quarterly

Connecticut

11-15

U-24

12-

$25c

Insurance

Carbon

Coniaurum

1

12-10

■;

11-16
7

$1

!

Columbian

12-11

,12-1

12-1

50c

11-25

3

11-10

$1.50

(quar.)j.

Inc.,

Title
Semi-annual

2

•

1

20c

a

Baking Co.,

1-

30c

Corp. (quar.)

12-31

(quar.)-

(quar.)—




1

1

1-

.

11-10

•

1-3-49

15c

-

(quar.)

Buckeye Pipe Line Co
Budd
Company (The) $5 prior pfd.

12-

12-

11-29

12-1
12-

1

11-29

.

,40c

.

—

Class B

Cone

9

20c

(quar.)

Company,

Columbia

$6

12-

12-9

20c

—

(s-a)

partic. preferred
Columbia Broadcasting

1$1.75

Chestervilie Mines, Ltd

preferred
Creek

12-10

80c

(quar.)

Charis

II-29

$0.234375

Extra

Common

12-10

••'437c

Extra

(quar.)

Brunswick-Balke-Collender

11-12

85c

11-29

*7%c

A

1

12-18

$1.12%

,

11-15

1

10-22

10c

Mills, Ltd., class
B
(initial)

12-

11-12

$2

(quar.)

Central Ohio Light & Power, com.
3.6% preferred (quar.)

12-10

3

12%c

50c

Conde

1

12-

50c

Corp.—

1-1-49

——

preferred (quar.)

4%
1-.3.12-10

$1

12-

50c

common

1

SOc

12-15

12-15

Inc.—

pfd.

1

25c

12-15

2%%

4.40%

12-

$1.25

(irreg.)
Champion Paper & Fiber, common
$4.50 preferred (quar.)_
Chapman Valve Mfg. Co., 7%. pfd.

Co., Ltd.—

(quar.)——
Co., Inc
Co., common (quar.)
$3.60
preferred
(quar.)
Bruce (E. L.)
Company, common
3%% preferred (quar.)-

$5

12-

12-

933/4C

Rubber

Buck

11-20

12-30

40c

Shoe

Class

N.

12-

12- 3

25c

Common

—

pfd.

12-15
12-15

59c

Corp.—
convertible preferred (quar.)
Colorado Milling & Elevator
(quar.)

11-15

;

25c

—

(interim)™

& Messenger Co.

12-

(increased)
preferred (quar.)

Cessna

preferred

Brown

Brown

Bruck

11-19
11-15

1

25c

Co,„

Brooklyn Telegraph
6%

1

12-

30c

—

Brown

12-

11-24

S3

_______

Brooklyn Borough Gas,

120c

1- 3

Ltd.—

(quar.)

$1.10

ExtI*R

11-20

Common

1

3.40%

Extra

Brockway

12-1

Service—

12-14
12-17
12-

$1.50

t$l

Store

130c

2c

4V2%

Semi-annual

Broadway Department

11-18

Foundry Co., common
preferred (quar.)

15c

;

11-15

11-25

17V2c

Light,

Boyertown Burial Casket Co. (quar.)
Brazilian Traction Light & Power
Co., Ltd.

3%% preferred (quar.)
British Columbia Electric Ry.
5% prior pref. (s-a)

1

12-

12-3

87 %c

5%

>

12-15

60c

Quarterly
12-10

Co

11-15

—

participating preferred
British-American Oil Co., Ltd
Common
(quar.)

5

27'/2c

Warehouse

Illinois

$1.50

3%%

11-. 5
11-

6

12-15

Central

Detroit

5%

(quar.)„

(quar.)

12- 6

450c

Central

(quar.)

common

12-15

115c
137y2c

-

11-30

,Boston Woven Hose & Rubber—
6% preferred (s-a)
Bowser, Inc., $1.20 preferred (quar.)

Co.,

1-1-49

2

12-

13%c

11-26

Co....—

Briggs & Stratton Corp.

12-

(quar.)
preferred (quar.)

$1.10

$2

Bristol-Myers

3

Corp; of America

Central

$2

Estate Trust

Wharf

1-

42c

common

1

(quar.)

Co.

11-30

Common

11-26

$1.50

Trust

11-30

11-30

1

t$1.25

(quar.)

12-14

Extra

Boston

1

1
1

1-

_—

preferred (s*-a)
Caterpillar
Tractor
(quar.)
Central Arizona Light & Power—

1

$1.25

Real

Co.,

Co.

prefened

Columbia

11-15

...

(s-a)_.

(The)

$1.75

12-12

Extra
Boston

1

11-

(qugr.)

Extra

1

(s-a)

Rent

11-15

(year-eittUatu.**^»•*'-. 15c
CateJli Food Products, Ltd., common (s-a)^-450c

12-

(year-end)

Manufacturing Co.
Ground

preferred

12-

$1.35

Brass

Boss

1

(year-end)_

$1.06yi

Bond Investment Trust of America—
Units of beneficial interest
Boston

12-

10%

Ltd.,
Castleberry's Food

25c

Si

(S.)
Aluminum

11-15

150c

pfd. (quar.)

(quar.)
7% preferred

Cassidy's,

30c

25c

Tobacco,

Blumenthal

8

1

11-29

1

$1.25

—

preferred (quar.)
Colorado Central Power Co.
Colorado Fuel & Iron

8

12-

12-

137c

25c

& Bryson,
Company

12-

12-31

dividend

preferred

$1.05

common

Year-end
Bloeh

11-30

12-15

25c

(initial

Sivalls

Blaw-Knox

12-15

$1.50

pld. (quar.)_

8

120c

5%

■

Year-end

Birmingham Water Works, 6%
Black-Clawson Co. (quar.)

Stock

7%

12-

11-29

12-15

$1.12%

—

(quar.)

Telephone & Telegraph
Carpenter Steel Co

$1.50

12-21

3

1-

12-31

Ltd

Carolina

1-

1-

12-15
12-

$l,12Ya

5%

1$1

11-19

50c

—

4%

8

Ltd.—

11-19

12- 3

8

12-

8

(year-end)
preferred
(quar.)

1

8

12-

3

137V2C

1

11-

3

11-10

11-29

25c

(quar.)

„

common

Plow

Extra

(quar.)

Co.,

Co.

Colonial Stores,

1-

1

40c

,

$2.?5 pfd.

8

Common

1-

——

Bigdiow-Sanford Carpet—
(increased quar.)
Extra _i

Hills

Mines,

Capital Wire Cloth Mfg.

60c

(quar.)

.•_,

$4.20

(accum.)—

Gold

Western

$1.50 class A

$1.75

.Common

Black

preferred

Milartic

10%

$1.25
-

Colgate-Palmollvc-Peet Co., $3.50 pfd.

1-

1

com¬

(quar.)

Collins & Aikman Corp.
Collins Radio Co.,

8

Trust,

Natural Gas Co.,
(quar.)
Canadian Wirebound Boxes, Ltd.—

12-

(quar.)

Manufacturing

Birdsfcoro

Investment

12-

1-1-49

12-

150C

12-

50c

3

1-

•

12-

preferred

60c

common

11-30

12-

_

$1

4% preferred (quar.)
Bethlehem Steel Corp.,

1

175c

International

of

Extra

4\a%

Ltd.—

Corp.,

35c

—

Bessemer Limestone & Cement—

12-15

1-

3

Machine, Ltd., class A (quar.)
Industrial Alcohol, Ltd., class A_

5%

4%

1-3-49

12-31

Ice

Canadian

11-23

11-15

125c

Canadian Silk Products, $1.50 cl. A (quar.)__
Canadian Tire Corp., Ltd

11-15

1

$$1.12%'

11-12

12-

12-

}183/4C

common

11-23

12-

11-15

15c

(quar.)
Investment

share

,

Foil

Coleman

11-15

1

125c

Ltd.,

25c

(quar.)

common

1

125c

Canadian Motor Lamp Co., Ltd.

12 %c

<

_

Co.,

12-

12-

Co.

Common (now on
Common (quar.)

12-15

12-

12-

12-15

50c

held).

^s-a)_i__*

Cockshutt

11-15

1- 3

1S1.75

(quar.)_.

Canadian

1

12-15

125c

Ltd.,

2-lt

_—

Special.
5% preferred

115c

(quar.)

Foreign
Quarterly

B

Cochran

11-15

„

Chemical

Class A

*

11-26

(year-end)__

11-30

12-

8*

8*

12-15 ;

(quar.)

11-30

12-

12-

12-

$4334c

Products,

12-24

2-15-49

25c

Year-end

12-17

12-17

,

com.

share

a

$3 class A (s-a)^_„-1—
Coca-Cola Bottling Co.
(Chicago) (year-end)
Coca-Cola Intemat'l
Corp-, com. (year-end)_

11-26

13iy4C

(quar.)__

11-30

15c

2

3

120c

3

1-

1

12-1

150c

1-3- 49

50c

._

Howell

Extra

12-27

15c
-™

Food

preferred

12-27

+$1

(quar.)

(quar.)

Ltd.,

1-3

Aluminum Products (irreg.)
Coca-Cola Company, common——

1-

150c

(quar.)

Canadian

t$1.75

12-

11-27

J 2-20

(quar.)

Club

11-10

12-15

,—

A

%

Canadian

t$1.50

—-——

11-30

1- 2

115C

Celanese,

Class

6-10

1

Clorox

11-19

1

1-

*

1$1.50

preferred

each

preferred

of

Clearing Machine Corp. (quar.)
Cleveland-Cliffs Iron Co., common

110c

4 y2

11-15

12-

*

1-3

115c

preferred (quar.)

30c

(quar.)

Extra

6%

$1

■

12-20

12?

15c

B

(initial)
Forgings, Ltd.—

convertible

for

(1/10

4%

12-15
'

12-15

$1.06%

class

Canadian-Fairbanks-Morse, Ltd.

1

$1.18%

1

12-20

tlOc

-

preferred

40c

——

1-

11-27

12-14

(quar.)

guaranteed
(quar.)
special guaranteed (quar.)
Clinton Industries
(monthlj')
Monthly

11-19

$20c

Co. (quar.);

preferred

Canadian

6-10
12-10

1

110c

-

Extra

25c

12-

dividend)

7%

12-10

125c

$1.75

40c

(A.

Beech-Nut

<

1st

3-10

35c

3

$1
132%c

pfd. (quar.)
(quar.)

Participating

12-10

35c

—

1-

11-10

30c

—

$1.30

Bakeries, Ltd. (initial)
Breweries, Ltd. (quar.)
Canners, Ltd., common

Canadian

25c

-——

12-10

.

Participating

25c

—

11-12

137yac

____

60c non-cum.

3

11-15

11-19

1

12-20

150c

Canadian

1

12-15
12-

Mortgage, Ltd
t$2
Ltd., 4%% pfd. (quar.)___ $$1.12%
Canada Vinegars, Ltd. (increased)
120c

Canadian

12-

11-26

Canada Permanent

Canadian

11-30

12-17

11-10

1

12-20

$3.50
01.75

$4.50 preferred (quar.)__
Cleveland Electric Illuminating Co.—
$4.60 preferred (quar.)_
Cleveland Graphite Bronze, com.
(year-end)
5% preferred (quar.)
Cleveland & Pittsburgh RR.—

6

1

12-

50c
$1

Extra

6

Canada Safeway,

11-15

11-

1212-

34%c

(annual)

Malting

11-15

50c

.—

(quar.)__.

Bibb

B

11-18

50c

(quar.)

1%

Class

Canada

i

1

11-15

12-23
12-23

15c

(quar.)

1

12-13

12-15

50c

(quar.)

A

12-

12-

11-15

15c

(quar.)

Ltd.

Ltd.,

Class

11-30

12 %c

__

$1.40

Stone,

prefened

12- 4

11-12

137 %C

Ties,

Mills, Inc., (quar.)_™.
Lumber Co., common (s-a)
A
(quar.)
A
(quar.)
A
(quar.)

4%%

.

$4.25

12-

12-15

12-15

(cash

dividend

mon

1

75c

—

Extra

11-29

12-

15c

—

Dominion Sugar, Ltd
Dry Ginger Ale, common

Canada

5%

(quar.)

preferred

&

Crushed

11-18

$1

12-15

(quar.)

Equipment Co.—

5%
„

12-

$1

*—

common

—$1.25

Clark

11-19

11- 3

(quar.)

Co.,

City Auto Stamping Co
City of Paris Dry Goods Co., common
(s-a)_
1st preferred
7%
(quar.)_
City Water Co. of Chattanooga—
5% preferred (quar.)

11-19

_

Extra

1

$1

Stock

11-

1

—i__

Year-end

12-

50c

preferred

Bell

12-22*

12-15

30c

$1.40

Bell

1-4-49

•

1

12-10

35c

;

Common

1

Extra
20c
125c

1

$1.75

(quar.)

Canada Cement Co., Ltd.,

Foundries &

3

1

11-

t35c

preferred

Canada

3

1

11-

$1

convertible

5%%

12- 3

1-

11-

1

12-10

Campbell, Wyant & Cannon Foundry Co.—

12-17

1-

1

12-

1

(quar.)

common

Flooring,

$1

12-

25c

Forge Co.,

Canada

$1.75

(irreg.)

com.

$1.40

Belden

Camden

11-15

3

1

12-

(s-a)

Mills

11-15

Co.

Brummell

Beck

Cotton

1

I-

11-

115c

1

1-20

1

12-

Company

12-

40c

_—™_

Works

preferred

Ltd.

12-

25c

(quar.)

Power &

7%

5c

112 Vic

____

Bastian-Blessing

Class

12-14

12-

12-

Electric Power (quar.)
California Ink Co.
(quar.)
California Water Service (quar.)

'

■

Co.,

15c

—

Barnsdall

1-2-49

8%C

(quar.)

Show,

1

55c

,

.

Class

11-27*

11-

$1.12%

(quar.)_„

Canada &

—

Class

'12-22

1

Calaveras Land in Timber

Canada

$1.

3
1

30c

pfd.

California

12-24

12-10

1111-

25c

11-15

1

—

(quar.)
:

M.)

11-15

12-10

1
1

15c

common

4T

When
Hol&er$
Payable of Rec.

Share

Machine,

Year-end

12-

12-

87y2c

(quar.)__

(quar.)

__

(A.

1

12-

(quar.)

preferred

Extra

8

Service

$1

2nd

4%%

Hosiery,

1

preferred

87y2c

Machine

Corp.

Water

1-

-

12-

(quar.)

Barlow & Seelig Mfg.,
1
Class A
(quar.)„_

Dixie

12-

8c

25c

4%

Milling

12-

(quar.)

Brothers.

Extra

Cincinnati

37y2c

(quar.)

Year-end

12-

11-24

11-3

15c

Burton

Byers

12-1

Per

Name of Company

11-12
11-15

Cities

Extra

12-15

12 %c

preferred

Radio

convertible

preferred

20c

-

.

Beaver

11-20

12-

$1.32%

-

3y2%

Butterfly

12-

1

25c

(quar.)

Burroughs Adding

12-

1

12-

12-3

25c

preferred

Butler

Payable of Rec.

50c

3%%
4%

(2267)

Holdere

50c

Extra

25c

preferred (quar.)
preferred (quar.)
Bankers Bond 4c Mortgage Guaranty Co. of
America,
common
—•-—
Barber-Ellis Co. of Canada, Ltd. (quar.) —

Beaunit

1

&

Co.

When

$$l

Ltd. (interim)
Sullivan Mining & Concen¬
(quar.)

Extra

Butler

(quar,)

7%

Beau

12-

40c

4%

Bath

12-10

Hill

11-15

40c

(Joseph) in Sons -(quar.)
Bangor Hydro-Electric, common (quar.)

(■Extra

1

4114c

preferred < (resumed)...

preferred

Extra

12-

25c
50c

Bancroft

■

5

(quar.)

RR.—

convertible

%

12-

Porcelain Steel

Baltimore
-

11-10

tl5c

America

Company, 6 % preferred
Building
(quar.)

non-cum.

11-10

1

25c

common

Baltimore & Ohio

Baltimore

1

12-

2%

prior preferred

Balfour

11-15

12-

J12%c

(quar.)_

Corp.,

11-30

25C

(quar,)

C

Ltd., common

dividend

4%%
Baldwin

11-26

'

__t.

Dredging,

Burlington Mills, Common

25c

quar.)—

(quar.)__._,
Avco Manufacturing Corp.
(irreg.)
Avon Allied Products (quar,)Avondale Mills (monthly)..
Ayshire Collieries
(quar.)
Stock

11-22

12-10

CHRONICLE

Share

' (quar.)

Inc.

Gold

trating

12-16

25c

(quar.)

preferred

B/G Poods,

12-15

12-31

50c

preferred

Canteen

Bunker

J5c

pfd.

A conv.

conv.

1

$1

(quar.)_
Automatic Voting Machine
(year-ond)
Automotive Gear Works, Inc., com. (quar.)_
Extra
___*
$1.65

11-22

—

(quar.)

Automatic

12-

12-15

37 %c

Ltd

Auto Electric Service Co.,
Class

12-15

Bulolo

Co.—

(quar.)

series

Name of Company

1

5614c

Engine

preferred

Atlas Powder Co.- (year-end)
Atlas Tack
Corp.
(quar.)
Aunor

$2.50
50c

(s-a)

(quav.)

12-

FINANCIAL
Per

Bullock's,
12-15

&

,

Payable of Bee.

$1

Extra
Atlas

Holdere

Ship

(reduced)

common

When

Share

COMMERCIAL

(quar.)

Inc.,

common

y*u

-

THE

(2268)

4*

?\

5%

convertible
&

Fcrster, 87a

Crum

It

Porster Securities

preferred

1%

Inc.

11-

12- 1

12-17

11-31

common (irreg.)
5% pfd, (quar.)

12- 2

12-10

1-1-49
12- 3

12-10

Fair

11-13

(The)
Fairbanks Morse It Co.

12- 1

11-15

Falconibridge Nickel

'
Corp.

Class B J

Chemical

12- 1
12- 1

11-

12-18

1

ll-$7

12-

1

11-17

12-

1

1

11-10

12-

1

11-10

12- 1

11-10

Inc. (quar.)
Fund, Inc. (quar.)——
Detawaoe It Hudson Co; (quar.)—.
Delaware Rayon, class A
Del Monte • Properties (quar.) ..
Dentists' Supply Co. of N. Y., common
Floor products,

Dataware

T%

(preferred, (quar.)—i—

:—

r

60c

(quar.)

Denver Union Ntock Yard Co.

75c
30c

15c
1c
50c

'

Glass

25c

B

Fibre

11-29

Class

1

11-15

Firestone Tire &

1

11-12

First, National

1

11-15

Class

A

12-15

12- I

Class

B

1- 5

12-16

First York

Firth

3

1
11-27

1-

3
1

Dictaphone Corp., commons.—
4% preferred (quar.)
DiGiorgio Fruit Corp., $3 preferred
Dixie Cup Co., common (quar.)

25c
$1
$1.50
25c
62 %c
15c

12-15
12- 1

11-29
11-19

12-

1

11-19

1-

2

12-16

Class

(.s~a)_

(quar.)

A

12-20

Extra-—

12-10

$4 preferred

•

1

12-10

11-30
11-17

$1.25

12-15

12-

12-

11-13

*

Common

5%

(quar.)

(quar.)

preferred

$25c
$$1.25

;

—

__

Dominion-Scottish Investments, Ltd.—
5% preferred (accum.)
Dominion SteeP & -Coal Corp., Ltd.—
Class

425c
437%e

-{special)———
Ltd. (auar )
Dominion Tgr & Chemical Co., Ltd.—
$1

(quar.)

preferred

___—

$25c
——
425c
—}25c
'
10c
.

_

(quar.)

Donahue Bros.,

Ltd.

(quar.)

Dorset Fabrics, Inc. (year-end)
Dover Industries, Ltd.
<quar.)_

Dow Chemical Co.,
Stock

—

15c

—

(cash div.)

common

25c
2 Va %

dividend

$4 preferred A (quar.*)_I-_
$3.25 2nd'preferred (quar.)

Dow Drug Co.

(quar.)

Draper

$1
8IV4C
15c
$1.50
50c
75c
25c
5C
30c
$1.12%

(year-end)—_1

Corp.

Dravo" Corporation,

Driver-Harris Co.
Dumbarton Bridge
Dumont

—

4',)

preferred

(quar.)__
—-

_

Co

Electric

Corp.
Dun It Bradstreet, Common

:

*

(quar.)

___

4%$>

preferred (quar.)
Dunlop Tire& Rubber Goods/Ltd.—
1st preference (s-a)_

—

_

Dunn Steel

du Font

ProducLu—______

(E. I.)

de Nemours

$3.50

(year-end)
preferred (quar.)—

$4.50

preferred

Stcck dividend

.

Durox Plastics & Chemicals, Inc. (quar.)
East Massachusetts Street Railway—

Fort

11-15

1

1-15

1

1- 3

General America Corp.

1-15

1-

General

12-

1

12-17
1-

3

11-19

6%

&

Fuel

preferred

12-16

11-30

12-31

12-15

12-10

11-19

2

11-24

12-14

11-22

1-25

1-10

___

1-25

Dry

General

Plywood Con?

•

$7,50

12-

1

12-

1

11-10

1

11-10

45c
$l%c
:_

$1.12%

$1

5% preferred (quar.)
1
Georgia*Carolina Brick & Tile

2

12-15

Gerber

12-27

12-15

12-15

preferred (quar.)—'
—
lGerrard (S. A.) Company, preferred (s-a)_
Gerity-Michigan Corp.
(quar.)
—
Gibsbn Refrigerator Co.
(quar.)
Gillette Safety Razor, common (quar.)

1- 2

12-

1-2-49

$l5c
50c

—

__

%%

—

$1,50

12-

1-22

12- 6

3

12-15

11-15

Gisholt Machine Co.

12-16

12- 4

12-13

11-30

35c

12-14

.11-27

40c

12-15

11-22

1-3

12-13

00c

(quar.)

com.

<quar.>„

12-24

12-19

12-

1-1

12-1

12-15

12-22

12- 8

70c

12- 6
12-17

11-19
11-19

12-20

12- 4

1-24

Golden

of

Carolina

common,for each 60
in. Hen of fractional

Powro" h

12-

.

shares he)d.^_^___

12-24

12-

2




25c

12-

11-29

50c

1-

I

3

11-24
11-12*

12-15

.

!

—

tettra-.-—>
t—
;
Gotham Ho^ery cm* (extra).
—L—
Graflex, Inc., Common (increased)5%

preferred

-

11-24

(quar.)
preferred 1 initial),

$1.06%
€2V2C
' 25c

-12-28

12- 2
12- 2

11- 8*
11-20
11-19

12-11

11-19

-

$1.25'

12-10

;T
-

~

12-10,

;

450c
$l2%c
ii2%c
4i2%c
$2.50 '
35c
.^c

12-31
12-15
12-15

,

12-10,

12-17
.11-15
11-15

12-15
12-15

;

.j

Stores

"Corp.,

-

;l!

11- 5

y

com.

(quar.)

li-19
11-19

^

.

••

1

11-10
,11-30

12-13

11-12

12-13

10c

12- 1

11^- 6

-IOC'

12- 1

11- 6

•

'

11-30
12-io

-

11-15

11-15

1

11-15

12-

12%c

;

11-20

11-29

12- i

'

25c
12V«e

,

:

11-10

12-15

12-

$1.25

12-30'

12-20

37.%C

12-.1

11-18

""
425c --2-1

12-30

,!

j

35c

$1

.•

1- 2

1

12-1

12-15

$2

i_

i2^Il

■

Imperial Varnish & Color Co., Ltd.—
Common (increased)

*

■...

—_._e—*■;

preferred

(quar.)—

r

12- I

11-15

12-31-

11-16

425*

10- 0

H-20

•■12-' 1

,410c •; $2-1
437%e .12—1

:

11-20

,11-20

12—1

il-13

20c *12-1
1- 3
$1.25

11-10

ll- 3

12-13

30c-

(quar.l—

Indianapolis Water-olass A (quar.)5<Sj .preferred -A (quar.)—
4%Vo .preferred B fqtier.

Indu-iirial Wire Cloth Products CoipExtra
!J_-:

12- 8

-

.

+—

~

-v "
345
425CO
410c

-

-

$106V4

Industrial Rayon Corp» quar j
.

11-10

12-10
'

$1.25

Interim

13-10

1

12-

31 V-»C

Hydro-Electric-Securities Corp.—
57c_ preferred B (s-a)
Hygrade Food, Products '(year-end)
Illinois Central RR.-—
(
Leased, linesA7o guaranteed (s-a)
:
Imperial Chemical Indujtriesr-—. —
Prdinary -shares (interim)
Imperial Oil, Ltd. (s-a)___.
Imperial Tobacco Co. of Canada, Ltd —

11-20

12-28

t$l
4$t

-

-

H4o
12-1

3

12-

50c
'

1-

12-10-

3?-%e
$1.06Vs.

.

Pulp & Paper Corp.— \
preferred - A (quar.
Oil # Refining: Co
Hunt Foods, Inc., com. (quar.)
5-%, preferred <quar.)
5% preferred A (quar.)__^
Hu$smah Refrigerator (extra)—

:

50c^r;i2rl5.12-1,
30c..,."$2-.i
$2.56
12- ;

12-20

12-1

$1.25

■

Indiana Gas # Water

12- 1

.

12- 8

Motor - Car *(quar.)

.'Extra

11-'5

12- 4-

12-8

12-20
12-30

't

$1.50 .participating

11-15

12-15

12-15
-12- 1

12-26

57a

.

12-10
- 11-15
.11-15

-

•! 12-28

$1.12V2

(quar.)_i

.

12-1., lj-15

7

30c

common

Huttig Sash-&-Door^Co.; 5% pfd. (quar.)
i
Hydraulic Press Mfg. Co.—
67? conv. -preferred
(qiiar.).^___—,

t

—

—

12-

12-15

Humble

12-13

Extra

preferred

Hudson

.

12-20

12-31
.12-17

Extra-

.

12-1
12- 1
12-U

12-31

11-10

25c

.

—

llr24*

12-31

II-19

12-15

-50c
$2

...

4%%- preferred (quar.)_
Howe Sound Co. (quar.)_
;
Hudson Bay Mining^ &. Smelting (quar.)____
Extra'—_1_:

,

1

1

—

Hudson

12-

12-

-

,

12-17

1

25c

Corp._

Company,

HoWard

1- 3

$1
$1.56
$1.25
$1

11-26

1-

$1

Horner (Frank W.)> Ltd., class A (quar.)__
4l2%c
Houston Light & Power (increased).
s!-$5cHouston Oil Co. (Texas)s
—' -•
r. -*1

,

11-24*

;

11-15

12-11

25c

(quar.,) —w-.
Horn & Hardart Co. (N. Y.)t5% preferred - (quar.)i____.

11-26*

1-3

11-30

,

12- 1

87.%'c

..(Brooklyn,. N. Y.)
Mining Co. (quar.)
1

Oil

-Extra

11-15

$5 preferred (quar.)———^
Goodyear Tire & Rubber, common (quar.) —
$5 convertible preferred-(quar.)-*,——
Goodyear Tire & Rubber Co. of Cay ada-^
Reduced
v
Gordon Mackay Stores, Ltd., trass A (quar.) ..
das& B (quar.)—.
1__
—,—-

2,

20c

4% 7o: preferred

3

•

11-20

Electrochemical ^Co.—

Hoover

1-

lr 3

Company, common—

11-20

1-

425c

.

Co

$4.50 cony,.2nd

,

1-3

12- 1

Gossard

25C

.

11-30

$2-31

Gorham Manufacturing Co. (year-end)
(H. W.) Co. (quar.):.—

of
re-

(quar.)—

,

•

cash.

gecfeogrophie f?eip£ (qrar.)
jqr » Walker pry Goods
Enferooh Drug Co .,8% preferred

12-14

$5c

Ltdi—

Extra

4

shares, the cash
equivalent will be paid, which is equal
$•13)0 fete of 50c per share; All stock¬

oily

Hooker

12- 3

$1
37Vic
, $1

Goodrich (B, F.)

Light

holders owning less than 60 shares
EkntiieHond & Share eommon- will

Honolulu

11-15

12-15

5c26c

l-*5

12- 1
12-1

.

Home Title Guaranty Co,

11-24
12-15
11-26

—

Mines,

Gil

Homestake

.12- 1

11-30
12-27

I-18

1-15

25c
50c-

.

'
.

10-20
12- i

4% pfd. (quar.)—
GoodaB-Sanfov$h Inc., com. (quar.)_.
!
1% preferred-(quar.)-——

—

share

11- 1
12-10

1-25
1- 52- 1
12-15

87%e
"

12-21

25c 1-28-49

30c

preferred .(quar,)—.

Quarterly^

$2c

(quar.)_

12-31

'

,

Hires

56%c

i.-.

—

Manitou

T

11-15

25c

.

11-26

12«f 1

Hinde & Dauch Paper Co- of .Canada, Ltd.--.

11-20

12-10
12-10
12-30.
11-30

II-18

12-10

Safety

convertible

1

" $1
32c

Hibbard, Spencer, Bartlett &, Co.—
Monthly
Monthly

4'&

12-

37 V2C
—

Appliances—
Hilton Hotels Corp.,- common, (quar.)——

2%■

Golden State Co., Ltd.,
.

Electric Bond A Share (stock dividend)—

,

;

11-18

Highway

40c

(increased quar.)

(H. C.) Co., 6% preferred
Brewing Co. (quar.) J—.

Extra

12-1

—,—

Godtean

Goebel

12-

15c

.

I2r 1

25c

convertible preferred (quar.)
Globb Oil Co. ttd—
—1—

.

25c

common—

—

12-10
12-16
12-16
1- 3
12-3

...

4ya%

11-i9

15c

65c

(quar.)

25c
$1.12'/a
25c
*
10c
ISC.
62%c
' ..75c •
$1.25
25c

dividend.—

Stock

ll-l
11-19

75c

.

1

25c

—

BMl»IO;DoM CO..---.
NleMndpx Corp. <year-end)_—

One

50c

(quar.) 1

Company—
Common (cash dividend)

12-20.

$1.02ya
$l.ooy«

w

'

Glidden

2

11-26
11-29

11-19
12-10
11-19

$1

,

$5 preferred (quar.)
Girdter (The) Corp. <quar.)
Extra

12-24

1-

■

—

-

12-

•

Elastic Stop Nut Corp
EfedtxiO Auto-Liie Co.—;

Watch

EXtta

6

37 %c
$1.66y4

—

preferred (qimr.)
44WH preferred (quar.).—

lOBntrNui

11-15

3

2lc

^M,Sd preferred (quar.)^____!

Elgtn Ifettoanl

1

1-

12-15

common

common

3

12-

(increased)—

common

$5
$25c

_____

_—

flw» Natuxal Gas Co.,

'

$1

Products,

$1.12%

(year-end)

(monthly)!—
Edtson ftroa. Stores, common (quar.)
444% participating preferred ' (quar.)

El

——

(quar.)——

41/2%

12- 8

Dorado Oil Works^
?1 Paso Electric Co. (Texas),

$1.25

11- 8

1

1-2
11-30
.

11-15

12-15

31,2 '/o preferred (quar.)
Heywood-Wakefield Co., common—
5%
preferred B (quar.)

11-24

.

11-22

.12-22

.

Home

12- 1
12-10

2%

1

30c

11-10*
11-18
1-10

25c

—

12-

11-30

1

25c

$4.25

-

12-15
.12-

$1

1

50c

—

25c

11-30

Heyden> Cheniical Corp.,

11-19

.

11-15

12-21

12-11

25e
$3

12-

-12-15

.

34%c

r

12-17*

Hershoy Chocolate Corp. (extra).
Hewitt-Robins, Inc. (quar.)

1-10

"

(quar.)

11-17

3

12-15

50c

(extra)

1

1-

25c

—_—r

3

11-20

32-15

25c

pfd.

12-

12-23

12-

$5

30c

75c

2-1

Precision

Common stock dividend

..12-15

$4 preferred
(quar.)
Holophane Company
1
Holt (Henry) .& Co., $1- class A (quar.)

25c

—

$1

1-3
75c
25c ■; 12- 1

,

12-17
11-30
12-22

$1.25

Advertising, common——'

convertible

12-11

(Chas. E.) Company (quar.)
Ho)lingsworth A "Whitney Co,—
Common (year-end) !

03%e

$2

Corp.

1

1-2

1-

.

11-23
12-17

1-2
12- 1
12-10
2- 1

75c

11-26

1-

-

12-8
1-5
11-12
11-20

1- 3
12-28
12-10

84%e

12- 1

1-2-49

—

El

,

12-10

$1.50
$1.75

Edfewater Steel Co.,

20c
$2.50
$1.75
$1.25
40C

Cement

12-

12-11

Hercules Steel Products Cpvp,—
6% convertible preferred B" (quar.)

11-15

■

12-29
2-1
12- 1
12- 1
12-11

$1.96%
$1,75

Extra

(quar.)

12-> 1

75c

———*—-—

preferred "(quar.)—Equipment
General Steel Castings, $6 pfd. (accum.)—
General Tire & Rubber Co. (quar.)-——
General Waterworks Corp.—

11-lfi

12-

(accum.)

(quar.)

5'%

12-10

75c

'•

——f

Batteries,

Outdoor

General

$1.50

A

■—

General

II-23

$1.50

preferred (accnm.)____
States Corp.. $6 pfd. A (accum.)
♦f preferred A (accum.)
^—
Extern. Steel Products, Ltd
Eastman Kodak Co., common (year-end)

Class

—

Hercules

11-30

2

;

Brewing
Hendry (C. J.) Co., 5Vz'/<>

12-15

12-15

—

<G)

3

12-10

420c

Mining Co.

Heileman

11-24
11-15
12- 3
12-10
12- 1
12-1
12- 1
11-26
12- 2

12-20
1- 2
1- 2
1- 2
12- 8

25c

$30c

—

1-10

12-15

$1.75

———

11-16
11-18
12-15

Hecla

—

12-15-

40c

—_—

Coip-

3

1-

410c

——

11-15
11-15
12-10
11-24

12- 1

6

11-12'

1-

-

410c

—

I-

.

1

17VaC

Battery. Co., Lid.

Extra

12- 1

Co.

11-12

1-20

.12-

.

420c

'

—

(quar.)——,—.
(quar.)

Hazeltine

t$1.25
t$1.38
$3
37%c

—

pfd. (quar.)_.
—
Inc.—
—
General Fireproofing Co., common7% preferred (quar.)
General Industries Co., 5% preferred (quar.)
Gemmer Manufacturing Co., class B,
$3 preferred (quar.)
General Milts, Inc., 33/a% pfd. (quar.)General Motors Corp., common (year-end)—
$5 preferred (quar,)—
$3.75 preferred (quar.)

12-16,

6%

Stock cttvidend

Chemical

75c
12%c

Cigar Co., 7%

Associates—

4t% preferred (quar.),—
Edifr Paper Corp.. common

Hal thaw

Co.

.

20c
—

—

.11-15

12-

50c

Hathaway Bakeries (quar.)-^rx
Hathaway Mfg. Co.
(year-end)
Hazel-Atlas
Glass
(quar.)

56y»c

$4.25 preferred series A (quar,)__;

Eaaiem

":

1- 5

Transportation—

(quar.)

General

11-29

3 2-10

_L—

prior preferred

Wholesale

Extra

11-15
11-15

12-

$lil

Hartman Tobacco, $4 pfd. (quar,
$3 non-cum, preferred (quar,)_____

(quar.)-

(quar.)

General

12-22

1-

American

Common

11-20

1

12-13

10c

_

Gas

Harrison

1

11-15

12-

$1.06 V4

(quar.)_—
Corp

Plywood

12-1

—-a.—_»

Gaylord Containea* Corp

1-15

$3.75
87%c
$1.12%
20c

preferred (quar.)
preferred
(quar.)
,
Eagle Picher Company (quar.)__

4Vt%

Harding Carpets, Ltd

preferred

1

12-

25c,

(M.. A.) Co., $4.25 pfd. (quar.)—^
Harbison-Walker Refractories, common—___

11-10

12-29

$1.25

5%% preferred (quar.)——-—
Gauley Mountain Coal Co. (year-end)——

I-3
12-

-_-!'_u—

12-10

Garrett Corp.

12-

Extra

11-20
11-15
12"- 1

Industries

1

11-15

^12-

25c

(quar.)____

12-15

Paper

*

11-24

12-

12- 1
12- 1
12-15
12- 1

—.

Gatinedu Power Co., Ltd., common
5%
preferred (quar.)__

B

11-24

1

11-15
11-23

(quar.),

12-10

'
50c
—25c.
50c

Co., class A

6%

.12-

1

Oil

Extra

Harbor

1-3-49

12-15

12-14

11-20

3

12-10

11-20

11-23

12-14

11-24

1-

11-16
11-18

22-10
1-3-49

11-20

2-1-49

12-16
12-15

<11-20

jL-3-49

12-15*
12-1

5%

Corrugated

12-10

.

Sl.O6.V4

25c
25c

——

11-23

50c
25c-

tity/zc

i

(quar.)—1

Co.

11-24

11-49

$1.12 V2

12-1

12-15

12--1

12^ 1

.

4 Wt%

12-10

10c

12-19

J25c, .JL2-15
42-15
,$1

(initial)

12- 1

1-15

11-15

42-20

Ltd._^._Z!__ll.__^!—422 Vac

Hanna

12-

11-15

1

.-

4%%

,

(quar.)--—,1—

1- 7

12-18

85$

Eastern

,

11-15

12-31

6% preferred B (accum )
East St, Louis It Interuiban Water Co,—-

East I*duc OH Ltd.

,

1

Wayne

,

1

?•..

47c
•

Wfctch

common

12-

1^

: " V

87%0

'

11-15*

Hart

2-1-49

12-

New

11-15*

1

12-

12- 1
(quai.)
——
1-3
Frontier Power Co.
(quar.)
20c
12-10
Fruehauf Trailer Co., common (year-end)—
50c
12- 1
4% preferred (quar.)
$1
12- 1
Fruit 6f the Loom, Inc., Common™—3 $1
f 1^10
$3 non-cum. preferred
$1.50
12-10
Gair Co., Ltd., 4% pfd. (quar.)
J$1
12- 1
Gair (Robert)
Company, 6%
pfd. (quar.)
30c
12-20

-

1%

Mineral

—

—

——

,

12-

1

11-15

•*12-

25«
.

Co., cmnmpn: (quar.)
4% convertible preferred '(quar.) __L
Hammermifl paper Co. (old ^.common)

$2- 1

$1
$1.12%
30c

(quar.)—

(quar.)
Fort Pitt Bridge Works (quar.)—

%t62%c

__

_

(quar.)

Stores, Inc.—
(cash dividend)

$2.50 preferred
Foote

1

& Co.—

Common

1-1-49

50c

=

pfd.

Frontier

12-

Mines, Led
Cotton Co,;

Hamilton.

,

1- 7

2-1-49

Hallnor

12- 1

-——

Stores,

Common

12-

12-10

$1
*oe

(year-end)_
Franklin Simon Co., iV2r/o cor.v. pfd. (quar.) '
Freeport Sulphur Co. (increased)—
—

1

12-10

—

462%o

B

Dominion

Fair

Common

Dominion, It Anglo Investment Corp., Ltd.—

$$1.25

11-29

—

11-30

_

11-15

1- 3

—

(quar.)

11-19

______!

12- 1

75c

12- 8
12-16

1

.

25c,
...

11-20

1

-

81.12%

2

12-30
42-

,

I0'/o

Brothers Stores (quar.)__.
Halliburton Oil Well {Cementing Co.—
Quarterly :
!J

12-

12-

5% preferred (quar.)—
Dominion Malting Co., Ltd,

12- 3

120c.

-

Hale

Class

Company
(resumed)
15c
Co
—
15c
Doernbecher Mfg. Co
—15c
Dominguez Oil Fields Co., common;
25c
Common

12-15

8

12- 8

75c

12- 6

Food

—

$2-50

12-

12- 9

lr 2

'—

Extra

:

1L-15

2

(quar.)

1-

11-26

Pepper

3

____!,

dividend

4,

i-

450c

(stock jiiyJdcnd) _——!.

Corporation

25c

12-10

Dr.

1

12-

—

11.-15

Dobeekmun

12-

12-15

j—__

j—1

1

10c

—...

12- 3

12-22

Extra

12-

'-''T- 2

420c '

,

.,

12-

Extra

.

HaJoca
Cash

3

12-r20

llrlO

12-16 f 11-19

,

85c

.,

$1 preferred f

llrl9

3

12-15

$30c

"

■

11-30

12-

>1-

H !

'

Hancock

12-1

1-3

11-17

Hamilton

,

6-46
14-19

T2-22

—

11-15*

Florida Power & Light 4Vz%
Flour Mills of America, Inc.

—

$|,50
T 30c

,.

$1.10

Hackensack Water Co.
(s-a)_!_____:
llahn Brass Co;, Ltd,, commjm^--.—:
' Extra

11-15

11-15

(quar.)

12- I
12-10

12-20

■

3-10

2

1-

.

(increased -quar.)

11-15

1

Houses, Inc.

Gulf. States Utilities, com.
^,:;-$4.48 preferred ^qu^r.)

12-10

.

t20c

(quar.)—,
:—'

common
'

12-

Dobbs

•-

12-31
12-31

*1
*1

preferred (quar.)
(M. H.) Co. (quar.)

Extra

11-12

15c

12-10*

'

12- 1

„—»—

75e

.

-

11-30

(s-a)
(s-a)—

Fishman

11-26

12-

:

>

12-

11-27

12-10

Inc.

11-22

12-

5%

1-

Co.,

11-26

12-17
12-19

81225,6 r30-48(quar.)

•12-

12-

Carpet

Extra

11-16

12-20

1- 3
$1.25
81-25 v? 12-28
-30-49
$1.25 3

■

(cash dividend).

Corp,

preferred (quar.)______^
preferred
(quar.)__
Hammond Instrument Co. (quar.)____

•

11-15

1-

$1.50..

5e
$1.25
25c

11-26

12-J9
11-24

12-20

(quar.)—

Special year-end stock dividend (One shr.
of Texas Gulf Sulphur common for each
65 shares held)
Gulf Power. Co. $6 :pfd. (quar,)_rjr
!___—.

(Utah) —

Corp., $2 preferred (s-a)

3

75c

Fittings, Ltd., class A (s-a)—130c
Fitz Simmons & Connel) Dredge & Dock Co.
25c
Fltzsimmons Stores, Ltd.—
5%
participating class A (quar.)
:« "
20c
5%
hon-cum.
partic
class B
(quar.)^
20c
Fllntkote Company, common (quar.)——50c

12-24

12-15

common
common

1- 3

„

3-18

12-10

12-20

—

——

12-40

11-49

12- 7

preferred

Gulf Oil

4-1-49

,*5c

Rubber, 4%% pfd. (quar.)

Storcs____

11-10

1

40c

preferred-.

85

32.50

—

First Security Corp of Ogden

12-23

4°c
37%c

Walt,

B

11-18

1-15

$5

$2-10

of

11-19

12t-10

11-12

12r

"

12-15

—

Canada, i;td._„:
Finance Co. Of America at Baltimore, class A
Products

12-.1

11-12

1

-$1.75
30c

-

Gulf .Mobiln $ Ohio,- $5 preferred-—.

I

-26c
18^

<.

Cashdividend.—

12-16

11-20

Corp. (year-end)
Guantanamo Sugar, $5 preferred

11-30

.!

12- 3

12-

-41-20

12-10

40c

—-

11-19

12-

,

/

—

—

Grinned

11-10

12-10

31 V*c

11-20
12- 1

(quar.)
Diamond Match Co. (quar.)..
Diana Stores Corp. (increased quar.)—;

De

Works

12-15

6

12- 1-

11-30

12-13

■,.5c

————

II-30

,

.

11-1$

„

_

.,11-30

12- I

37%C

—•

Greenfield Tap & Die Corp. (quar.)
Griesedieck Western "Brewery (quar.)

$2-$9

12-

40c1

(Kansas) (initial)
Detroit & Canada Tunnel Corp. -(Irreg.)....
Detroit Edison Co.—
—
Detroit Gray Iron Foundry Co. (resumed) Detroit Mortgage & Realty (quar.)
—
pevoe it Raynclds, class A (quar.)—
Deiliy Oil Co.

12-15.

1

1-2-49

Federal Screw

12-23

11-15

$2.50
,*2.60
18%c
15c

12-

35c
20c
$1.75

12-

12-

12-15

12-20

11-17

12-21

12-24

,

11-29

12-20

$1'
50c

<-

12- 1
12- 1

12-15

12-15

1

Non-cum, preferred (increased)—
Great Western Sugar Co., common (quar.)_
7% preferred (quar.),—
—

—

(quar.)
Ferrb Enamel Gorp (stock dividend)

1- 1

11-15

25c

12- 3

12-

12- 1

—

12- J
■

2%
15c
25c

Stock dividend
Delaware

Great Northern Ry. Co.—

12-

——

-1—

Extra

12-

11-30

50C
3JC
25c
.
$1
tlSC

preferred

Extra-

(quay.)

Paper

11-15

1

$2

Pacific Tea

(quar.)—

*$.25

Federal Enterprises, Inc.—
$1.25 conv. preferred (quar.)
Federal-Mogul Corp.
(quar.)
Extra
w—'

-

_

1,

(N. Y.) (quar.)^
Co., common.-

Indemnity

&

preferred

Great Northern

10-29

12-31

12- 2

12-

Atlantic

7<i

12-

5%
10c
$1
$1.76
50c
80c

i

87%c

.

11-17

12-17

American

Great

1

Co.
(Syracuse)
(quar,)
—
Quarterly
'
—-—,-v—--—Fatquhar (-A. B.) Company (quar.)
Federal Bake Shop8,. Inc. (quar.)

11-27

12-

light, common (quar.)
45e
3% % preferred A (quar.)
preferred B (quar.)
93%e
Deep Nock Oil Corp.___———
»0c
Deere it C©„ common (quar.),
—
25c
Year-end
a-.—..—$1.75
T% preferred (quar.)
:
.35c
Deerfield Packing, 4%'/r pfd. (quar.)
$1.12%
DefeyStores, Inc. (cash dividend) (quar.).
15c

Great

12-

12- 1

tlOc

(quar.).
!
—
Fansteel Metallurgical Corp.
Farmers
&
Traders
Life
Insurance

1
12-10

City jSteel
(year-thd)
Grayson Robinson, Inc.-—
Common
(stock dividend)

12-31

11-25

fSOc
75c

Granite

12-31

12-15

&

common.!

12-10

—

(quar.)

Corp,

Brewing

Ltd.,

Co.,

12-15

(quar.)

—

Power

1-31

t-1-49

62%c

5%

12-31

10c

—

Falstaff

11-15
12-21

Granby

1

$25c

*

26c

—-

'

3

12-

25-49

*

75c

Feltman & Curme Shoe Stores Co.—

jl-15

12- 1

$17%C
27V2C

>—

»

(quar.)

Dag Mines, lac.
Dfeton Power

11-26
11-26

12-10

12-10

40c
437 %c
.

*1

1

1-

18c

(year-end)
Mines, iLtd

—

12-

•

4
.

11-20

15c

Faber Coe It Gregg, common
Fabricon Products,. Inc.

Extra

12- 1
12-15

$50c

(a*a)

1-1-49

$L50
_75c
$12.25
$1
$1.75
30c

—

.

$$
28c
$1*25
oOc

$1.25

Company fs-a)
Excelsior Insurance Co,

11-15
11- «

40c

Door (irreg.)
DaVis Leather Co., Ltd., class A (quar.)

,

Essex
12- 1
12- 2

12,2c

(quar.).

12-17

12-17

fz.uo

12-17

1-2-49

$1.25

11-15

1-3-49

50c

__

Extra

DattfstTOm "Metallic

Dawison

8

12-31

Corp.—

Cuban Tobacco, 57c preferred < accum.)
Curtis (Helens) Industries, Inc.—
50c convertible preferred A »quar.)—____
CurttsrMfgi Co, (Mo.)
(irreg.)
Curtis Publishing Co., $4 prior pfd. (quar.)
$7 5preferred (accum.)——
Cuttiae-Wright Corp.
(Irreg.).——
Cushman's Sons, Inc., 7 7a. pfd. (quar.)

Cutler-Hammer,

11-12

12-15

*2

Sugar,

Cttban Atlantic Sugar,

1

12-

(quar.)

Cuban-American

11-12

12- 2

$1.25

(quar.)
preferred (quar.)

preferred

Crum

12-13

12- 1

America—

Crucible Steel Co. of

3

I-

Holder*

Payable of Ree.

Share

Ltd., class A (quar.)
Consolidated Mining, Smelting

Grafton & Co.,

Empire & Bay State Telegraph Co.—
1%
guaranteed (quar.)—1
Empire District Electric, common (quar.)—
5%
preferred (quar.)
J
Emporium Capwcll Co
"
Emsco Derrick It Equipment—
4%
convertible preferred
(quar.)-,n_
Enamel & Heating Products, Ltd
Equity Corp., 20c preferred (s-a)__—
$3 convertible preferred (quar.)
Erie Coach Co., new com. (initial quar.)—
Eric & Pittsburgh RR„ rl'/o
guaranteed——
5% preferred A (quar.),;
—

12- 3

12-16

When

Per

Name of Company

Payable of Ree.

Share

Name of Company

Payable of Ree.

Holder*

When

Per

Holder$

When

Per

Share
Grown Drug Co.
(Irreg.)
—
10c
Crown Zellerbach Corp., common
_
40c
$4 convertible 2nd preferred (quar.)—
$1
$4,20 preferred (quar.)._
$105
Crow's Nest Pass Coal Co., Ltd, (8-a)—$$1.50
Name of Company

Monday,, November 29, ■ 1948"

& FINANCIAL CHRONICLE

COMMERCIAL

.

l2-10

.11-22

10c

12-10

11-30

20c

12-10

11-30

75c
(quar.). *

12-13

; •

Volume'168

Number 4755

THE
Per

Name of Company

Inger'Soll-Rand

Co.

Share
75c

(quar.)

Year-end
Co.

partic.

12-

1

11-

12-

1

preferred

(quar. >
Machines—

8

$1

12-10

5%

:—
.

Special

1-28-49

37'Ac

\quar.

15c

iu

Special

12'Ac

;

International

Cigar

International

Eoucational

Machinery

20c

Publishing

$3.50
preferred
(accum.)
International Harvester Co., common

1-

Class

A

11-23
1-

7

Insurance

32-17

Life

1-

3

12-17

12-10

11-30

12-31
1-15-49

12-15

1-15-49
12-

5

11-

Ltd.—

preferred (quar.)
International Minerals & Chemical Corp.—

$$1.12%

—

1-

12-

3

7

12-

12-30

7

Ltd

12-15

11-19

12-15

11-19

25c

(quar.)

11-22
11-19

12-20

12-

$1.25

12-15

1212-

$1.50

12-

1

$1

12-

1

5c

12-20

12-

6

11-15*

Lockheed

12-31

12-15

Loew's,

$1.25

12-31

12-15

12-15

12-

1

40c

12-45

12-

1

Long-Bell

GOc

12-15

12-

1

Lorain

$75c

Investment
6%

■

.

..

-—_

,

Foundation, Ltd.—
preferred, (quar.)

Investors
Iowa

of

Trust

Selective

Southern

Iron Fireman

Boston

Fund,

Utilities

Jaeger Machine Co.
Jahn

&

Oilier

Jamaica

7%

Public

50c

(quar.)

(quar t —
Inc.
(quar.)

$4

tl2VaC

i—;

(Md.)

__

11-24

Extra

1

11-20

Louisville

&

11-30

Louisville

Tit.e

11-30

4V* %

(M.)

&

preferred

11-19

12-15

12-10

11-29

M.

—

20c

12-14

11-30

12-14

11-30

5

12-

3

1-

1

12-

3

MacLaren

1

11-12

Madison

12-

1

11-12

Magma

1-

2

1^-15

Magor

10%

12-15

$1.12'A

$1

$1.12'A
Inc.

(quar.)

15c

$1.18%

Mill

(quar.)

(initial

quar.)

11-22

1

11-22

Mar-Tex

12-17

Masonite

Corp.

11-30

Massachusetts

12-10

11-30

Massey Harris, Ltd.

12-

11-15

Master

(quar.)

5%

Corp.

11-15

Mastic

3

11-15

Matache-wan

1

11-15

Mathieson

12-

1

11-15

7%

12-30
11-29
11-26
12-10

$1

1-

3

12-10

McColl-Frontenac

1-

3

12-15

McCord

12-15

11-24

$2.50

12-27

12-10

Mclntyre

$1.50

12-15

12-

iquar.t

'

11-30

3-22

12-24

12-14

10c

— —

12-14

12-

4

37'Ac

11-30

11-15

50c

1-2-49

12-17

4% preferred (quar.)
Kresge (S. S.) Co. (quar.)
Kress

H.)

&

Co.

Extra

Con&olidada

American

S.

preferred

shares
pfd.

(interim)

Landis

Co.

1

11-10
12-

11-

11-20

11-15

12-31

12-15

11-30

11-10

12-10

11-19

1

11-

12-

1

11-

$18c

12-

1

$1.25

1

1

12-20

12-10

25c

12-

1

1

12-23

12-

12-

11-15

75c

12-

11-15

12-

11-15

93 %C

12-

11-15

Mica

1-3-49

11-

1

60c

12-15

12-

1

$$1.00 Vi

(quar.)——

Ltd.,

50c

12-

1

11-

$1.06 »A

12-

1

11-

50c

12-

1

11-

62 ViC

1-

2

12-15

prefeired

preferred

12-

2

Portland

Cement

(increased)

11-15

11-

Co.

$1

Middle




12-

3

12-

9

12-

3

75c

12-24

12-

12-

11-15

of

1

3

2-

5

25c

2-15-49

15c

12-

1

11-20

81'Ac

12-

1

11-20

12-

1

—

(quar.)
(quar.)

12-13

pfd.

1212-

12-15
12-

-

1

1

/

11-20

$1.08%

1-

12-

3

2

12-

3

$1.62%

12-

1

11-20

+5c

12-

1

11-19

-11-20

»

35c

12-1
12-

7

75c

12-

1

11-15
11-8

12-10

11-15

60c

1-3-49

12-10

$2.25

12-

1

11-

1

60c

12-22

11-27*

$1.20

12-22

11-27*

or

each four shares held
two

shares if

r

-split into
each

15

Midland-Oil

two

shares

Tcnn.

.10-29

each

share

11- 8

11- 8

30c

12- 1
12-10
12-10
12-10

11-30

11-19
11-30

12-10

11-30

12- 1
12- 1

11-12
11-22

12-15
12-15

12- B
12- 5

1- 3
12-10

12-15

12-10

11-29

$1.12'/2
$15c

11-29

$1.75

Lock

Co.

Steel

&

(quar.)—
——

Castings

12- 1
1-3-49
1-3-49
1-3-49
1-14

11-20
12-15
12-15
12-15
1- 5

12-18

Co.

(quar.)

Malleable

12-15

11-18
12- 3
12- 3
11-22

-25c

Linen Service, common
preferred (quar.)
preferred (quar.)

12- 1
1-2-49
1- 2

12'/2c

A (quar.)
Insurance

(quar.)—

15c

$1.12'/2
$1.25

Co.—

Year-End

12- 3*

30c

Machinery
National Standard Co. (quar.)
National Tank Co.
(stock dividend)
Tea

National

Transit

Company,

Nazareth

Cement

Co.,

common

common

preferred (s-a)
(Wm.), Ltd., 5%

Inc.

(initial)

(year-end)

_

—

Neilson

Bros.,

(quar.)—

common

Co., new
Natomas Company (t-a)

—

pfd.

(quar.)_____

(quar.)

Fund,

Nestle-Le

Corp

Inc.-:
-

Mur

Co.—

11-19

50c
50%

1- 3
11-30

12-10
12-15

37'/2c
15c
50c
$1
$3.50
$$1.25
20c

12- 1
12-10
12- 1

12-15
12-15
12- 1
12-15

11- 5
11-27
11-27
11-10
11-30

10-29

11-16
11-15

—

r

12-15

11-30

25c

Extra

(Herman)

1

12-22

20c

Oats

Rubber

12-

25c

Co

National

Year-end
11-29

11- 8
.

+30c

pfd.

Accident

4;

4'/2 %

Nesbett

share of Wisonsin Power & Light Co.

common

Co., 7%

National

Neisner

12-10

$1.10

Nashville,

7%

20c

20c

—

(increased quar.)

B

Life

Nelson

(liquidating distributions)

1-5

12- 6

30c
5c

11-30
11-30

11-19
11-19

•

,

p

$2

Is

1

•

■

shares, as/proposed, for
held—

"

11-10

11-19

15c

common'—

(irreg.)

.

-

50c

1

One share of Public Service Co. of Indiana

-11*15

12-5

12-

11-27
12-15
11-15

—

—

National

$1.18%

12-15

50c
80c

(Hartford)

-

Lead

5%

12-31

12-31
12-15
$"2
12-10

$1.50
$2.50

(s-a)

National

——

common for

11- 9

11-30

Co.

Products

National

Notional

1-15

$1.75
12'Ac
$1
30c

Canada,

preferred
preferred

Insurance

Food

National

12- 6
12-20^12-6

$12V2c
$15c

of

Gypsum Co., $4.50 pfd. (quar.)___
National Hosiery Mills, Ltd., class A (quar.)

1

2

(quar.)_

National

12-

1-

common

-

12-10

11-9*

11-30
12-20

$1.25"

Quarterly

12-10

Subject to SEC approval.
One

1

Fire

Extra

12-22

9 7 Vic

(quar.)

Petroleum, class B (year-end)
year-end)

Middle West Corp.

11-26

12-15

A

2nd
1st

35c

—

Ltd

Petroleum

non-cum.

Class

10%

Corp.

non-cum.

National

-$1.75
50c

45c

(quar.)

6%

$1.75

common

(initial quar.)

Canada,

Erie

National

15C

Corp.,

12-10

1-13

$1.62%

States

Class

1

37 Vic

-

9

*

'

Lehigh

11-22

12-

25c

Michigan Consolidated Gas Co.—
4.%% preferred
(quar.)

11-19

1

37 Vic

*

11-30

12-15

25c

(irreg.)

common

12-31

25c

12- 2

40c 1-14-49
12-7
40c 1-14-49 > 12- 7

$1.07

(quar.)

&

3%

25c

(quar.)

11-15
11-10

12-24

12-10

common

National

12- 1
12- 1

20c

for

(,quar.)__

Chemical Co.
(quarj-*
Convertible preferred (quar.)

$30c

(s-a)

(quar.)

—

Thermit

Drug

National

Refrigerating Co., class A

Corp.,

preferred

National

»

common

5%

1-

11-23
11-10

j

Extra

12-

*

common

held)_x

Products
Discount Corp.,

12-15

(s-a)

shares

Dairy

1-15-49

12-13
12- 1

80c

100

preferred

$1

preferred

Stores,

4'A%

15c

—

(quar.)—

Ltd.—

Stock dividend (Two shares of
each

11-16
11-26
12-16

12- 1

12-15
12-28

50c

(initial)

Co., $7 preferred (quar.)—
Lines, common
$4 preferred A (quar.)
;
National Container Corp. (quar.)
National Cylinder Gas Co.—
Common (cash dividend) (quar.)
1,—
City

National

$50'Ac

—

—;—

(year-end)
—,

common

1

(quar.)

(quar.)—.

Register Co.

$1

12-20
12-10
1- 2
12-20
^L2-28«»-l2-24
12-28
12-24

62'/2c
25c

1

National Casket

11-

Ltd.

Mid-Continental

12-

Now

Corp:,, $1 conv. pfd„ (quar^w-

J,
.25c/..

11-23

10-29

12-15

12-.I

participating class

15c

(eccum.)

New Bedford

Cordage, 7% pfd. (s-a)_____—:$3.50"
,Kew Calumet Mines, Ltd. (initial)'-.~
$10c
New England Telephone & Telcgraph-i——
$1.25
New

1

12-17

$1

common
—

Cash

National

12-

1- 3

12c

-

dividend

1

—

Co.,

preferred

12-

Mines,

Mickelberry's Food Products,
$2.40
preferred
(quar.)

11-30

7%

Stock

National

11-25

40c

(quar.)

11-15

12-

Biscuit

National

12-22*

11-15

50c

D.i

1

-

-

Special

11-24*

11-24

$1

Inc. -(quar,)
Company iquar.i—,
Lees f James) 4c Sons Aquar.)
Lehigh Coal & Navigation

12-

12-

National

12-30

1

17c

Fabrics,

(H.

11-24

11-30

12-15

$1

(R. G.), Inc., $4 pfd.

11-20

Co.

-

$1

12-15

$20c

(s-a)

12-15
12-10

(quar.)
(Hawaii)—

(quar.)
Chattanooga & St. Louis Ry
National Alfalfa Dehydrating & Milling Co.
5%
preferred (quar.)
;
National Automotive Fibres, Inc. (quar.)—
Extra

12-17

30c
25c
$1.50

$2 cl. A (quar.)

Preferred A

62l/2c

(increased)

common

$1

Monotype Machine Co. (quar.)
Secord Candy Shops,' Ltd.—
Lawrence IA. C.) Leather (s-a)

11-15

$1.75

(quar.)—

SI

Lanston

Lee

fi

4.35%

11-18

11-13

1

11-15

1

11-16

11-30
12-

11-15

—

Meyer (H. H.) Packing Co.—
6l/2% preferred (quar.)

11-15

1212-

50c

Inc.
(quar.)
(year-end)

12-

25c

7'Ac

Telephone

1

preferred (quar.)
Metropolitan Edison Co., 3.90%

11-15

11-15

1

*

—.—

Nashville

1

participating
Particioating

11-15

35c

Laura

Lea

12-15

Year-end

Muskegon Motor Specialties,

11-15

$3.25

1

11-29

11-30
11-30
11-15

50c

(quar.)

Mutual

10-29

12-

Co.

12-20

6

12-

11-15

12-15
12-15
12- 1

40c
50c

quar.)

(quar.)—.:—!

11-10

12-15

common—

preferred (quar.)
Co., 5% preferred

Metal Textile

1

$$1.75

Bleachery 3c Dye Works—
Lansing Stamping Co. (year-end>

Cement

12-

'

11-15
11-15

12-15

$1.18%

—<

11-15

20c
62'/2c
37y2c

Muskegon Piston Ring Co
Mutual Chemical, 6% preferred

12-23

7%

$40c

3

12-15

participating

Metal

1-3-49

85c

Publishing Co. (quar.)
Mergenthaler Linotype
Merritt-Chapman & Scott Corp.—
6V2 %
preferred
(quar.)
Messenger Corp.

9

11-30

3

1-

12-10

Meredith

7

$5c

Lanett

Le Tourneau

1

•

1-

11-19

50c

(quar.)——_

Ltd.,

Co.,

Class B

12-22

12-

35c

(quar.)
Inc. (quar.)„
Co.
(extra)

Lawrence Portland

11-10

12-23

-

H.),

Bryant,

Lane-Wells

1

20c

2nd preferred

Machine

12-

12-

$0.1498

:

—

Lane

Merchants

12-20

(quar.)„

—

(M.

Mercantile

11-19

$1

—

conv.

11-19

12-10

$1.20

-

Laclede-Christy Co. (quar.)
Lake Dufault Mines, Ltd
Lake of the Woods Milling Co., Ltd,—
Common
(quar.)
7% preferred (quar.)___
,
Lake Shore Mines, Ltd. (quar.)
Lake Superior District Power, common_„__
5% preferred (quar.)
5%

12-17

12-10

A.—

La France Industries, 4%

Lamston

1-2-49

$1.12'A

■—

Mfg., 4'A % preferred A (quar.)
Kroger Company, common (irreg.)

1

1-17

(increased

Ohio Mfg.

t25c

Distillers,

50c

Kroehler
La

second

SI

(quar.)

12-

(quar.)

3

12- 6
12-15

of America—

preferred

12-

preferred

75c

(S.

1-15-49

10c

1

50c

Extra

4%

12-

Porcupine

Melchers
6%

Common

12-15

preferred

50c

.

Extra

11-22

12-

75c

preferred

Murray Corp.

12-15

Dredging
(quar.)
Corporation,
common

$2

11-22

12-10

93 %c

Meadville Telephone

quar.)

12-10

11-15

12- 6

•

35c

Year-end

4%%

12- 6

12- 3

lc

—

(Geo.) Brewing Co., com. (s-a)_
participating preferred (s-a)
Murphy (G. C.) Company (quar.),—

3

12-20

12- 1
11-30
11-15
12-10
11-17
11-17

30c
35c

-

(year-end)

(s-a)—

5%

25c

Corporation,

4'A%

,

11-30

12-20

25c

Muehleback

25c

Oil

25c

—:

*

McWilliams

Mead

12-

$2 Vic

Ltd
(year-end)
—

& Robbins, common
preferred
(quar.)

$4

12-20

12-10

60c

(quar.)

common

McKesson

Koppers Company, "Inc.,—
(increased

com.

Extra

12-22

25c

Creamery Co., common
Koehring Company

12-10

1-2-49

11-26

12-15

Development—

&

—

Supply

Extra

———

.Extra

25c

Company

Mines,

Corp.,

preferred
(quar.)—
$3.75 preferred (series 1947)
$3.40 preferred (quar.)
Maytag Company (quar.)

12-10

4-1-49

11-15

12-15

f25c

(quar.)

Stores,

12-10

50c

11-30

$2

(resumed)

(quar.).

3

37'Ac

1-3-49

112 Vic

preferred

3

'

Fuel

Producers

$1.75

$3.75

1

Extra

11-13

12- 1
12-15
11-30
12-20
12-10
12-10

50c

Mining

Mountain

11-13

12- 2
11-15
11-15

40c

A;

Oil

Mountain

6

12- 2

12-16

$2
20c

(quar.)_!—1

Inc.

Diablo

11-

G

12-16

40c

,%

12-20

50c

Insur.

Consolidated

1-

(quar.)

i

—

11-15

12-

12-1
11-1$

12- 1

$1.25'

Mills——

11-30

12-

12-10
12-10

12-10
12-15

37'/2c

(quar.)

Quarterly

6

11-18

12-15
11-1V,
11-10
ll-JO
12- 1
12- 1

1-2
12- 1
12- 1
12- 1

20c

$95c

Company

11-26

11-

11-30

1

12-

$$1.50

Products Corp
Wheel Corp. (quar.)

4.80%

Maxwell, Ltd.

37'Ac

preferred

Lines

&

1-2-49

5C

Glass

Chemical

1-

<quar.i

Knudsou

Common

Asphiit

10c

Kinney (G. R.) Co., Inc., common
Kinney Mfg. Co., $6 non-cum preferred
Kirby Petroleum Co. 4yeai-end i
$1.50

3

25c

12-20

a2 V2 %

(quar.)—
Corp._
—_——

25c

(s-a)_:

1-2-49

Communica¬

Co.

$1.12%

(quar.)„
conv. pfd.
(quar.)

Mount

$1.25
Marine

(quar.).——
Plate

Electric

12-

3

12-20

35c

Realization

2

1-

Motorola,

1-2-49

35C

(quar.)

1-

12-10

10-11

J25c

Ltd., ordinary (interim)
Power Shovel Co., 7% pfd. (accum.)

12-

35c

12-10

$1.06 V4

J.

Co.,

12-10

12-15

Extra

Murray

(quar.)

International

Marion

$4

—_

Kingston

Emil)

12-

25c

common

King-Seeley Corp.,

(D.

tions

May Department

,

preferred

4

12-

30c

Extra

Company,

12-

1

Motor

25c

preferred (quar.)

Co.

preferred

Marconi

12-20

12-

$2.50

4VA%
preferred (quar.)
4% conv. 2nd preferred

$1.50

5%

11-27
12-15

Shirt

75c

__

(quar.)_„

Kimberly-Clark Corp.,

Products

convertible

50c
common—,

Keystone Pipe & Supply, 5% preferred (s-a)
Keystone Steel & Wire—
Kilburn

1

6'Ac

——__

:

Industries,

common

4y4%

11-27

1

Motor

10-11

25c

12-10

25c

4

12-15

6

50c

lc

P.)

Paper

12-10

12-15

40c

Co.—

25c

3

12-

(J.

1-3-49

25c

&

.

1-

Mosinee

25c

,—

—

Maple Leaf Gardens, Ltd
Marathon Corp.,
common

12-10

12-15

25c

(quar.)

—

Manhattan

35c

1-15

Company—

12-

—

preferred

R.)
1

(The)

12-19

5c

conv.

(P.

Extra
Maltine

11-15

Extra

$1.20

Mallory

2

$60c

Morgan

25c

—

12-15

—

11-30

12-20

25c

Corp. (quar.)
C.)
Co.
(irreg.)

(R.

2

1-

12-15
1-1-49

150c

(quar.)—

Corp;

12-22

50c

O'l

Car

1-3

—.—

-

11-27
11-30

1- 3

*

11-26
12-31

12-20

$25c

5V«
1st preferred
—1
Moore-IIandley Hardware, common
5% preferred (quar.)—-——

20c

Co.

Co

25c

_

of

—

Paper

(quar.)—

common

—

1-

&

Square Garden
Copper

Mahon

11-30

1-31-49

Common

12V'2c

12-

12'Ac

Power

Extra

SI

1

11-30

75c

(irreg.)

Macwhyte Company (quar.)

4

Co.—

(quar,)

11-

12-15

t25c

11-30
12-

12-13

$3

ll-SO

Gas—

preferred (quar)
Company

Extra

12-31

$1

Kentucky Utilities, 43A% pfd. (quar.)—,
Kern County Land Co. (quar.)

Klein

5

1-

95c

(a*cum.)

$4.50 preferred (quar.)
Kent-Moore Organization,

Kirsch

1-

participating preferred
Participating (irreg.)
Mackintosh-Hemphill Co.

12-10

Canada, Ltd. (quar.)
Kendall Company, new com. ( initial quar.)_

-

$1.50

65c

Extra

New

2-

1

$25c

—

Special

1

12-15

12-

12-15

Publications

2-

15c

12-

y2c

Common

20c

dividend

Kerr-McGee

MacFadden

1-14

1

12-

12-15

65c

(s-a).

Extra

11

12-10

12-23

2

J25c

(s-a)__

$1.25

Kalamazoo Vegetable Parchment Co. (quar.)
Kansas City Power & Light, 4% pfd. (quar.)
3.80% preferred (quar.)

Extra

Consolidated

2-

80C

12-

y2c

& M.

$1

——_

12-23

25c

& M.

87 V2c

Refining-y-)— ,

quarterly

J.

62(^0

.12-1
v

^11-29
1- 7
12-31.
1-2
12-15

$$1.12y2

Tool-—

Moore-McCormack

12-31

common (increased)
preferred A (quar.)
Joy Manufacturing Co, (increased ouar.)

12-

$1.06

(quar.)

12-10

5%

3-20

11-17

12-23

Sons—

A

20c

(quar.)

Machine

'

87'/2o '
50c
$4 convertible preference B (quar.)—_
$1
$3.25 preferred A (s-a)
——$1.62y2
Montana Flour Mills, common (quar.)
—
80c
7%
1st preferred (quar.)
$1.75
7% 2nd preferred (quar.)—
.J—-— ,' $1.75
Montreal
Cottons,
Ltd.,
7%
pfd.
(quar.)
$43o '
Montreal Refrigerating & Storage, Ltd.—

30c
Lowenstein

95c

Jones & Laughlin Steel,

12-20

15c

(quar.)

(3-al

50c

B

1

$4
RR.

Mortgage

$1.25

(quar.)—:—

12-

88c

—

Nashville

'

Monroe Chemical Co., $3.50 pfd. (quar.)^-—
Monsanto Chemical Co., common (quar.)—

$1.75

—

iquar.)

..

(quar.)—

(quar.)
Corp.
(year-end.)
.Johnson & Johnson, com. (increased quar.)

Increased

Monarch

11-

$2

(quar.)

Angeles Investment Co.

30c

common

preferred

Kelvlnator

11-12

12-

50c

Lowney (Walter M.), Ltd
Ludlow Manufacturing & Sales.,
Lynchburg & Abingdon Telegraph Co.

Johns-Manville

Company,

12-

3

11-30

Kellogg

3

3

11-15

12- 6

2

1-

xi$1.75
r.

20c

--a,'

Hosiery Co., common, (quar.)
Special
i.
5% preferred (quar.)
Molson's Brewery,
Ltd.„.—
Monarch Knitting, Ltd., common
(quar.)—,

12-

25c

(quar.)—

common

——

1- 3
12-9
$"$0

u

12-10

$1.50

—

prefeired

$2
50c

11-

12-

7%
Los

$25c

$1

(Mo.)

11-15
11-15
11-15

12-15
12-15

w—

Mills

4'/2,%. preferred

1

12-

.(s-a)_

pfd

Mojud

—

preferred Iquar.)
preferred (quar.)
Taylor, 6% 1st pfd. (quar.)
*

$25c

—

4%

12-31

& Dock—

Co.,

12- 1
12-1

-$1-60

Co.

(accum.)
Lumber Co.

(P.)

-12-18

25c

—

A

Coal

30c

$1.25

12-30

12-10

3

Company

1

11-15
11-26
11-26

11-20

:

r

Year-end

11-20

12- 1

12-15
12-15

(quar.)

i

Carpet

12-11

i—

—

common

RR.,

12-11

25c
1'Ac

50c

^

10c

1-

&

12-

60c

(quar.)

common

Service

Birmingham

11-20
,

53c-

37 Vac

Corp

11-10

xl'A%

(Julius)

2

11-19

(quar.)

$4.50

11-

1

D

Kayser

11-2

1

12-15

preferred

Kawneer

1

12-

—

&

12-20

12- 6

,

tqunr.)

preferred (quar.)—
Mitchell (Robert) Co., Ltd..:
Extra

11-24

1- 3

12- 1
12-20

50c

5%

Mobile

12-10

50c

(quar.)
Co.,

6-20
9-20

SI
Co.

Pipe Line,

Public

3-20

80c

——_—

(quar.)—
& Light

Utilities

4-2-49

.

Ry:

Power

B

Mohawk

12-

5%

common

12-

*25c

Lumber

class

Class

2

iquar,»

Extra

11-30

Co.,

11-

11-15

11-30

Drug

1

1

3

Stock

12-

12-

3

Katz

5

Lorillard

3

Natural

11-

45c

(quar.)—

Public Service

1

*25c

Aircraft

Inc.

preferred

Missouri

2-24

12-

$25c

—

(quar.)

2-24

20C

11-16

1-

City

11-24

3-10-49

$1.10

11-29

1-

preferred

12-10

60c

$4

-

(quar.)—

A

Common (increased)

Missouri

1-2-49

1-

5%

11-15

11-24

4-1-49

xl34 %

Kansas

1

62y2c

xl'A %

Kansas-Nebraska

12-

12-10
3-10-49

62 ViC

(quar.)—

Extra

Missouri-Kansa6

convertible

(quar,)——

Oil

11-15

convertible

C

Johnson

1

5%

B

preierred

12-

$7c

,

(increased)

preferred A

Minnesota

Lord &

A

2nd

11-10

11-22

preferred

2nd

11-10

11-30

12-15

preferred

4%

11-30*

11-30

9-20
12-20

25c
7-2-49
25c 10-2-49

(year-end).
Manufacturing—

Mining &

6-20

1-2-49

50c

relies

St. Louis

&

3-20

7-2-49

25c

—

preferred

conv.

12-15

1

prefeired

4%

Minnesota

30c

(quar.)

Ltd..__

Supply,

11-3

25c

Engraving
Service, Ltd., com.

Water

1

12-

5%

$5

12-

1-15-49

7%

Jamaica

Minneapolis

12c

Inc.—

(Del.)

Mines,

11- 3

5%

(quar.)

Manufacturing

Island Mountain

1

10c

convertible

Investment

12-

Extra.—

3.20%

87yac

(quar.)

Long-Bell

$1

Corp.

11-22
11-22

25c

(quar.)

Extra

12-

-Year-end

1

1

,

.—■

B

30c

—

12-

12-

45C

—_

>'tjuar.)

Extra
Class

25c

1

11-30

30c

*12y2C

A

International

Utilities Corp. tquar.t
Company (The), com. (interim)
.5% prior preferred (quar,)
Interstate Natural Gas., Inc.

1

Groceterias,Ltd.—

Class

11-12

____—

12-15

18c

12-

$1.10

Co.—

Guaranteed

Interstate

Intertype

RR.

Lobiaw

11-12

id

12-15

11-10

15c

Groceterias,

7*

Staple & Machine

International

Miami

Special

G

12-22

11-10

12-10

1

$1.75

..

Loblaw

$1.25

International Salt Co. (year-end)—,
International Silver Co.——

—

_

Original capital
O/iglnal capital
Special Guaranteed

1

1
2

4-2-49

25c

(Quar.)
$1 prior preferred (quar.)
$1
prior preferred
(quar.)
$1 prior preferred (quar.)_,—
$1
prior preferred
(quar.)
Minneapolis-Honeywell Regulator—
Common
(quar.)_^_

75c

(quar.)_

Little

12-20

11-

50c

(quar.)—

Liquid Ca;uonic Corp., common
3'A% preferred
(quar.)

$1

International Railways of Central America—
5%, preferred (accum.)

^

Co.

Corp.

11-22

$1
$4

Special

Oil

'Extra

12-18

12-16

12-

12-20

37Vic

—,——_—

11-15

12-20

1-2-49

37Vic

(quar.)

12-15

1-2-49

37Vic 10-2-49

(quar.)

Common

1-

11-15
11-15

20c

Common

12-

12-15

12%c

11-19

12-

11-16

11-15

12-15

12-

37'/2c

(increased quar.)„

-

SI

12-30

$1

Participating
& Hart, Inc., com.

11-26
1

1

12-15

4c

(s-a)

12-10

1

Holdeie

When

Payable of R4C.

50c

5c

Miller

Special

49

50c

(s-a)-_%
-

12-10

$1

(quar.)

i

cqmmon

$1.30

(quar.)—

12-20

t40c

1

$1.75

$1

iqaar.)

8

12-

Co.,

Common

(quar.)

t40c

Extra

preferred
(quar.)
International Products Corp.

Lion

12-18

11-

Share

,

preferred

8'A

11-26

11-29

Oil

Extra

15c

Extra

Lionel
50c

quar.).,

4% preferred (quar.)
International Nickel Co. of Canada,

3

Midwest

$1

Link-Belt Co.
1-

12-10

$1

preferred

-

11-10

12-15

of Company

Mid-West Abrasive Co

$1.25

Lily-Tulip Cup Corp. (increased quar.)
Lima-Hamilton Corp.
(increased)
Lincoln Stores, Inc., common
7%
preferred (.quar )_.

12-15

1

1

12-

$2

Virginia

Corp.
(year-end)
Myers Tobacco, common

&

12-31

25C

Extra

10-30

$1.75

4%%

International Paper, common

Liggett

of

11-24

1-31

Name

1

12 Vac

-——

Y.)

Co.

12-15

$1.75

Savers

35c

(quar.)

(s-a)

12-

40c

——

Life

12-27

SOC

$40c

(increased

Llbby

Quarterly

12-17

7%

(quar.)

Common

&

3

30c

International

McNeil

12-15

t25c

(quar.)
Life & Casualty Insurance Co. of Tenn.—

Co.—

preferred

(quar.)
Metal Industries,

Libbv.

Payable of Rec.

5c

—-

Liberty Fabrics (N.

(quar.)
Co.

12-15

1-15

(2269)
Per

Share

^

Refineries, Inc.
Leslie Salt Co. r(quar.)„
Lewis Brothers/ Ltd.—l
Lexington Water, 7% pfd. (quar.)
Libbey-Owens-Ford
Glass
(year-end)—_

11-30

t31Vzc

dividend

International-Cellucotton

7%

Company

Leonard

11-15

12-14

90c

CHRONICLE

Por

Name of

11-8

.

Powders, Ltd.—

Business

dividend

Stock

X

$1.50

j.—

FINANCIAL

—

Bronze

International
Cash

(year-end)
Co. (year-end)

Iron

International
6%

12-

&

Holdert

Payable of Rec.

$1.25

Inland Steel

Interlace

When

COMMERCIAL

Jersey,

Power

&

Light. -4%

Pfd.

(dbar.)

$1

12-15

•.

12-1
1-14
12-31 ;a"
1- 2

-

-

V

,

.12^111-19
'1- 5*
-12-10
12- 7

,

50

THE

(2270),
Per

Share

Name of Company
New

Per

Name of Company

12-10

11-19

Phillips

50c

12-10

11-19

Pillsbury

30c

Special
Method

New

Park

Mining

New

York

Air

Finance

Corp.

(s-a)

Co.

*.

—

12-

1

10-20

12-15

11-24

Brake

5C

~

50c

12-

1

preferred

New

York

3%%

A

1-

3

12-10

Co.,

(accum.)
Electric

State

preferred

*4 .50

iJ.

Newmont

Mining

J.)

share

Newport
3%%

12-10

50c

12-10

11-26

50c

12-15

11-26

(year-end!

Corp.
(l/25th

Electric

Corp.,

preferred

for
12-15

—

45c

1

1-

3

12-15

12-

1

11-15

(quar.)

(increased quar.i
Nopco Chemical Co., 4 % pfd. ser. A (quar.)
Noranda Mines, Ltd. (imeruni
Western

Ry„

(quar.)__.

common

(quar.)

common

American

Finance

(quar.)

—..

Co

American

11-30

12-10

11-30

B

37 %C

12-20

12-

12-

Stock

6

Oil

1

11-22
11-25

Porter

75c

12-10

11-10

Portsmouth

$1.50

class
(H.

11-10

12-

8

11-12

Potash

12-10

11-29

Potomac

&

Powdreil
Poweli

3

12-21

1-

3

12-10

of

12-10

Alexander,

12-23

19-1*

Co,

of Canada

Ltd.

Co.

North River

Insurance Cc,

East

Bros.

&

Co.,

Mines,

4%

pfd.

Co.,

1

11-20

Stock

12-

1

11-11

(3/-100

Water

&

12-

Indiana
for

Co.

dividend
Gas

each

share

for

each

(6/100ths

&

Water

1

11-15

12-

1

11-15

4%%

preferred

(quar.)

$1.1?.%

12-

1

11-15

15c

12-10

11-16

dividend preference common
Publitker Industries, Inc.. $4.75 pfd.

25c

12-10

Phavmacal

Co.

(quar.)__

4%

preferred

Co.

pfd. (quar.),.

Edison

Ohio

Co.,

Match

Ohio

Common

Oil

Pure

12-

1

11-12

10-27

1-3

1————

Power

Ohio

Seamless Tube

12-31

12-10

—

Power

4% %

preferred

American

Clay

Pacific

Finance

preferred

$5

Mills

1

11-

5

Real

1

11-15

2-28
5-31

12-15

12-

56'Ac

12-

1

12-31

12-20

$1

3

12-10

Eastern

(cash

preferred

125c

7%

Parker

Pipe

Rust-Proof

1

11-

12-

1

Stock-

$4.25

Line

Reeves

(cash

11-19

$1.00

11-19

Reliance

1-

preferred

5%

prior

Penick &

12-15

Reliance

Insurance

Co.

Reliance

Mfg.

(111.),

12-

40c

1

12-15

12-15

4%

11-15

12-

4

11-22

1-

1-

12-

6%

2

7

12-15

11-26

6%

12-16

Revere

11-15

1

11-20

1

1

common

11-20

12-

Richfield

11-30

Riegel

Paper

12-

1

11-

1

Riegel

12-

1

11-

1

preferred

C

(quar.)

preferred

B

(quar.),,

Engineering

1

1111-

(s-a)

;

Co., common (quar.)__
preferred
(quar.)

% %

Robinson Little & Co. Ltd..

11-30

Rochester

11-10

Peter

Paul,

(quar.)

;
preferred

11-22

5%

30c

11-30

11-12

5%

prior

20c

12-15

12-

7

12-15

12-

Extra '

1-

12-

1

Philadelphia

Electric Co.,
preferred (quar.)

11-12

12-

1

11-20

12-

9

11-26

12-

com.

12-10

11-26

Common

$1

12-10

11-26

5%

3
3

Royalite
Royalties

1
1

Ruud

12-31

11-22

Ruppert

12-31

11-22

Russell

;

Philadelphia Suburban Water,
f3.65 preferred (quar.)




Ryerson

;

common

12-

4

12-

1

11-15

12-

1

11-15

20c

12-

1

11-12*

91%c

12-

1

11-12*

11-18

(Wm.)

Sioux

Ltd..

City

Gas &

12-11

1-

2

12-11

1-

2

11-29

25c

1-

2

12-

3*

Sloane-Blabon

1-

2

12-

3*

St.
.

3.90%

6%

preferred

Smith

11-19

3%%

1

11-15

1-

1

12-15

2-1-49
12-15

I-15
12-

3

SoundvieW
South

Oil

Co.,

Ltd.

Southern

1-

1

12-10

1

11-10

1-

1

12-10

(Jacob)

Mfg.

Co.

1-

1

12-10

4%

Joseph

St.' Joseph

Lead

Co.

1

11-15

12-

1

11-15

12-17

11-12

12-15

12-

83

1-3-49

50c

12-20

12-10*

12-10

11-10

(quar.)

(increased)

12-10

11-10

12-

1

11-

1

12-

1

11-

t

12-10

11-

5

R

4%%

1

11-

1

Southland

12-15

12-

0

12-15

12-

1

12-14

II-15

Co.

quar.)

$1

12-15

11-15

12-15

11-15

$1

12-15

11-30

Southwestern

Electric Service

20c

12-15

Southwestern

Gas

5'/

12-

4

5%

12-15

12-

4

5%

sinking

12-15

12-

4

12-10

11-22

12-10

11-22

12-

1

11-15

12-

1

1145

$1.25

Investment

(increased

preferred

30C

States

(quar.)

(A.

G.)

Telephone

12-20

12-10

12-15

12-

12-29

12-15

12-15

11-22

12-

11-17

8

Withington

Co., common,,
preferred (quar.)

convertible

$5.50 2nd

Carbon

Spiegel,

Squibb

$4.50

(E. R.)

$4

preferred

Staley

E.)

(A.

$3.75

series

Mfg.

$3.50

12-

1

11-19

Standard

12-10

11-18

$1.60

A

11-15

12-15

11-25

6

Brands,

Inc.,

preferred
Cap

12-15

12-10

11-12

12-15

12-

12-13

11-24

2-1-49

1-17

2-1-49

& Seal

1

1-17

12-

6

11-26

12*

6

II-26

12-20

12-10

(Detroit)—
12-

3

11-22

12-15

11-15
12-

40c

12-

11-15

tlOc

(quar.),,.

12-15

12-

1

10-20

t$1.25

common

(quar.),.

convertible

11-25

40c

36 %c

12-

1

10-20

50CV

87'AC

1

Corp.—

preferred

(quar.)

1

1

Standard

5%

Chemical

preferred

Co.,

11-22
11-30

Standard

12-

O

Standard

12-10

11-19

Standard

12-

11-10

11-29

Milling
Oil

Co.

Co.

Standard

Oil

of

of

Co.

Oil

'Extra

common

Co.

of

(Del.)

Indiana

Kentucky
■

pfd.

tquar.)—

Calif.

1-

1

12-20

40c

12-

1

11-20

25c

12-20

12-10

$1

Dredging Corp., $1.60

Standard

8t.

Ltd.,

(quar.)

2

12-15

11-15

1

93c

Insurance

12-15

$1.25

12-

12- 1

40c

(quar.),.

(quar.)

1-1-49

1

12-15

12-

$1

;

common

50c

$1

8

11-29

$1

*

(quar.)

Co.,

t$1.06

$1.50

12-

25C

common,

Standard-Coosa-Thatcher

12-

8

12-15
12-15

$1.12%

(quar.).

-

Accident

Standard

11-15

20c

11-15
11-30
12-

50C

(quar.),,

preferred

Standard

11-15

II-30

1

12-23

12-15

17 %e

(quar.)

preferred

Sons,

&

preferred

$4

1

12-

12-

I-12

11-15

37 %C

$1.50

(quar.)
,L__

Co.

Inc.,

1

12-10

1

30C

12-

12-15

12-

$1.37%

preferred

Spencer Kellogg & Sons

12-

12-11

11-20

$1.37%

Spear & Co., $5.50 1st pfd. (quar.)

Extra

1-3-49

1

10c

/

Quarterly

5c

12-

1-14-49

10c

-(quar.)

1

12-10

11-20

25c

25c

(s-e)

:

Brothers

Extra

Sparks

Speer

11-20

11-20

1

—

quar.)

Investors

1

1

12-

40c

-

(ouar.),

Co.

1212-

12 %c

Spalding

6%

4

50c

preferred

Insurance

(increased

Southwestern

12-

12-16

25c

Southwestern Public Service
Common

3

25c

(quar.),

Life

1-

Co.—

quar.),—,—,

(quar.).

fund

Southwestern

(quar.)

(quar.)

preferred

Southwestern

-(quar.)

Electric—

&

preferred

12-15

12-1G

11-29*

$1.25

$1

12-20

11-29

12-20

Co.

12-

12-20

12-13

Co.—

preferred

Royalty

11-17

1

50c

$1.25

(quar.)

(quar.)

(increased

12-22

12-

Co., -common

(quar.),
Gas

Co.

non-cum.

12-15

12-15

11-18

12-

1

12-15

11-12

1

26 %C

12-

1-1-49

1

12-

Edison

preferred

12-10

? 2-15

12-

1

Railway

12-15

30c

Paper—

1

5%

11-15

11-16

5

Common

1

11-15"

11-30

________—

11-

Southern

12-

II-30

$1.12%

(quar.)
Lines

11-

1

1-1-49

3

75c
60c

(quar.

11-

12-

1-1-49

12-

1

11-15

1

11-20

1

11-25

I-19

11-

12-20
12-31

12-

e

U~

12-10

10c

31V4C

(quar.)

12-

12-1-0

6*

100

each

(quar.),

25C

12-15

12-

for

25c

81'AC

12-

12-10

1

12-24

Water

Natural

5

11-23

$1.05

(quar.),^

Pacific

25c

(quar.),

12-

California

Southern

87%c

pfd.

11-23

50c

11-30

Southern

$1.12%

(increased)

Water, 6%.

12-14

30 %C

11-26

(quar.)

Louis San. Francisco Ry.—
B% preferred A (quar.)

11-15

12-14

(quar.),,:

11-16

(quar.),;

pfd. (quar.)

12-15

S1.50

(quar.)

preferred

t50c

&

11-18

preferred

12V2c

pfd.

12-15

1$1.12%

(quar.)

preferred A

California

4.88%

12 %c

(Conn.)

11-15

Carpet Co.—

shares

Greyhound

1

37 %c

"

11-30

87V2c

Advance Bag &

12-15

Ky.)~

Co.__

4Vs%

Iron

Works

preferred

12-

30c

(s-a),

3

2c

(s-a),

common

Lathe

4%%

$1.25

Management

&

Pulp Co.

Bend

Southern

t$1.06%

;

3

11-

2%

Southeastern

30c

(quar.)

11-

1

-

(quar.)

convertible

$1,25

11-22

20c

(quar.)

6

1

12-

97 %c

A

(two

Corp.,

11-22

$1.25

(quar.)

12-

12-

held)

11-22

50c

pfd.

12-17

$1

81.60

com.

& Sons

dividend

Stock

12-21

12-

3

130c

$1

12-21

$1.25

(Loutville,

12-10

50c

class

.

preferred

12-21

50c

$1.50

3

preferred
(quar.),,,,.
Socony-Vacuum Oil (cash dividend)

9

10%

Inc.,

I-

4.20%

Sovereign

Steel,,

12-

1$1.25

Extra

12-15

$1

(quar.)

3

$2.50

Steel

t25c

(quar.)

1-

(quar.)

50c

pfd.

11-15

115c

(quar.)

(Alexander)

12-

20c

4V4%

11-15

1

Corp.—

preferred

37 %c

j.

11-29

1

12-

Skelly
Oil
Co
SkilsaW, Inc. (quar.)

1-15

11-29

50c

2

2-1-49

12-10

6

12-10

(quar.),,,,!

Electric,

1-

15c

5

12-

1

preferred

11-29

9

11-

5

81.50

4Va%

12-15

12-

5

12-10

;

Steel

&

Simpsons,

12-

11-

A,.

iquar.)
Co. (irreg.

Singer Manufacturing Co.

1-3-49

11-

12-10

25c

11-29

1-3-49

11-

12-10

Ltd.—

Brewery

12-21

11-30

12-10

181.25

12-21

11-12

12-10

25c

*

12r31

1

12-20

50c

(quar.)

eom,

class

12-15

12-

11-30
12-10

62 %C

40c

.

12-15
12-20

25c

(quar.)

Simon

:

12-10

25C

(quar.)

(irreg.)

Company

25c

(quar.),,.

11-15

3

(H.) & Sons, Ltd., common,*,,,,

preferred

Common

(quar.),

1

1-

(quar.)—.—

Co.,

12-31

25c

Haynes (irreg.)
Sabine Royalty Corp.
(quar.)
Saguenay Power Co., Ltd., 414%

11-20

25c

9

5%

8%c

class A

12-

35C

A

(quar.)

t$l

(quar.)

11-30

$1

tquar.)

12%c

(quar.)

Manufacturing

30c

25c

$1.50

12-

$1.70

Inc.

preferred

12-

25c

,

Ltd.,
Works

Royal Crown Bottling

11-19

12-

Simon

11-15

2c

(quar.)

Theatre,

$1

1-

:

,

Roxy

12-15

12-13

Simmons

12-17

1

20c

dividend

Corp.

11-26

1-

*

Metal

Electric

Stock
Rowe

9

$1

11-30

2

$1

—

12-31

$1.50

(quar.)

Paper Co.,
Art

%C

$1.25

3

50c

(quar.)_„_
preferred (quar.)

Brothers,

Rotary

11-19

12-10

Ronson

Roos

& Norristown RR

,

,

11-12

12-10

ZZZZZZZZ
(qucr.)~

Philadelphia Suburban Transportation—
Quarterly
•—

12-10

1-

i-

30c

(quar.)__JL

11-20

12-10

—

Strapping

preferred

50c

A

Extra

12-11

~

Philadelphia, Germantown
(quar.)

1

75c

(quar.)

Rolland
.

25c

87

;

preferred

Extra

12-21

5%

12-

40c

(initial)

12-16

1

(quar.)

<quar.)_,,„

Steel

Southern

Corp.—
(quar.),,

7

50c

I"—"

Dairies,

Ltd.—

Company

F

preferred

-

Philadelphia Bourse
Philadelphia Company, $5 preferred

Cp*

12-22

35c

(quar.)

Ltd.,

Western

96c

Corp. (quar.)
Manufacturing Co.
Rockwood & Company, com.
5%
preferred (quar.),

11-22

__

(quar.)

Dairies,

Silverwood

90c

Ages

1

30c

(quar.)

Extra^

Phelps Dodge Corp.

•1

of

1

ZT

(quar.)
Brewing Co.,
(Chas.) & Co., common

Silverwood

& Electric

12-

*.

Pfaudler Company

*6

Gas

preferred

12-

Pfeilfer

3%%

H.)

$1.75

Year-end

Pfizer

(H.

$1.12 V2

30c

Inc.

1

50c

B

3

$1.25

(quar.)

11-26

B

preferred

25c

Rockwell

11-15

A

11-

5%

$1

12-10

25c

class

12-15

Class

Signede

4%

1

12-15

$1.12%

,

Royalties,

11-30

$1.50

class

Mines,

12-

1-15

Signal

40c

15C

&

50c

Milk

Ltd.,

Copper

12-20

$1.50

,

(quar.),,

__

4

Miils,

1-

12-

59 %C

50C

1

50c

shares

:

$2.50

Sonotone

(quar.),

12-31

1-

(quar.)

12-

25c

Extra

Rock

Extra ■'

Pet

Silk

Robertson

4%

class

11-15

$1.12%

common

.

3

40c

Extra

87 %c

(increased)

11-30

2

$2.50

B

25c

(quar.)

12-31

1-

(quar.)—

11-15

12-10

!

1-15
12-15

Extra

Class

2c

1

1

Co.

Signal Oil & Gas Co., class A

50c

Co.^

1

12-

12-10

2

25c

Optical

$1.12%

12-

57c

America,

of

Corp.

pfd.

1

*$1

auar.)

r

12-

Canada—

of

1

:

11-30

t$ 1.75

4%

Co.

12-

3

12-20

1-2-49

12c

(quar.i

12-15

1-

; 10c

$1.25

—

12-

,

(quar.)

(quar.)

12-

1

1-1-49

:

12-

25c

(quar.).

$1.18%

(quar.)

12-15

$1.75

(quar.)

Perkins Machine & Gear Co., 17c
pfd. (quar.)
Permanente Mc-tals Corp. (increased
quar.)_
Permutii Comuany
(quar.)

5

(quar.),,

common

12-15

40c

_

(quar.)_

11-

(s-a)

Myers, Inc., common
$1.50
participating preferred
Participating

1

60c

pfd.
Corp.—

Peoples Gas Light & Coke
Perfox Corp., 4%% preferred

A

3 0c

$7

1

-

30c

<N. Y.)

.

Co. (quar.)
Corp. (quar.),,,,

Antelopa

American

1

1

Co

Water.

Telephone

preferred

Roan

6

12-

:

Mfg.

2-

11-18

12-

Corp.,

Pennsylvania Exchange Bank

12-

Tobacco Cc.—■

Oil

Oil

Riverside

12-15

$1.10

Extra

5

11-15

(quar.)

common

Co..

:

1

150c

-

(quar.),,^,—

15c

Corp., common (quar.)
$4 preferred A (quar.)
Riley Stoker Corp. (irreg.)
Rio
Grande
Valley Gas
(year-end)

11-26

92 %c

„

-

$2.25

1-49

12-13

Ranch

Robbins

4.40%

Pennsylvania

1-

Shoe

Simonds Saw

Textile

25c 2-15-49

3.70%

Salt

Rice

11-30

50c

'

50c

;

preferred

11-20

_

12-15

1

Inc.

Manufacturing Co.,

4'/a %

1

12-14

u-23

$1.35

preferred

"

11-24

12-15

preferred

37 '/2c

(qua:.),,,,
preferred
(initial),

12-15

62 %c

Corp. (year-end)
Pennsylvania Electric Co.—

Pennsylvania State

Rheem

J.)

12-15

70c

(quar.)
preferred (quar.)

Pennroad

Pennsylvania

(R.

31'Ac

(quar.).;

11-

$1

:

11-24

12-15

$1.50

preferred

20c

(quar.)

11-30
11-17

1

50C

:

11-24

12-15

1-3-49

Products,

Common

common

preferred

120c

common

11-15

t2c

12-10

12-15

50c

35c

(quar.)

Copper & Brass,

135c

Co.,

1

12-

,

1212-29

22c

—

Corp.,■> common,.-

25c

prior

3.60%

11*20

12-

$1.06'A

1
Ltd.,

12-

A

(quar.)

$1.12%

preferred

Sloss-Sheffield

dividend

4.50%
25c

4%

12-

12-10

L_

Fund,

A

Year-er.d

7%

12-15

$40c

preferred

Steer Corp.,

Reynolds

11-29

11-15

$1.18%

Extra

1-2-49

(year-end)—
Telephone Co.—

Pennsylvania

preferred

75c

Common

$1

Investors

Republic

12-15

12-

1

12-31

-

6% preferred B (quar.)
Republic Petroleum (increased

1

12-

Mfg.

4%%

11-15

35c

(quar.),,.

common

II-18

25C
25c

——

(year-end),

$1.25

(JPIiila.)

11-18

$1

Sherwin-V/illiams

Rand, Inc., common
preferred (quar.)

Republic

2

12-15

convertible

$4.50

11-15

12-15

1

(Washing¬

(qua/,)

Co.

12-

(quar.),—.—

Sherwin-Williams

Remington

1

1

preferred

3V2%

11-24

12-

12-

50c

(quar.)

11-15

(quar.)
Ltd.—

11-15

Ford, Ltd.

Peninsular

pfd

Co.,

25c

Railway

Shellmnr

12-

(quar.),!

A

II-15
11-15

25c

common

preferred

1st

11-15

1212-

(quar.)

Shenango Valley 'Water, 5%» pfd. (quar.),—
Shephard-Niles Crane & Hoist Corp.—

(quar.)

11-30

62 %c

preferred

Grain

Stock

(quar.)

Peabody Coal Co.,

Inc.

pfd.

1

145C

(quar.)

1

(quar.i

4%%

non-cum.

$1

dividend)

12-

$1.75

12-

1

Inc.,

Shelter

11-15

(quar.),

common

12-10

Co.—

dividend

1

Knitting" Mills," Ltd".—"

Regent

1

$37

Co

Manufacturing

7%

Stores,

Bros.,

1

$2.50

(quar.)

12-

1

12-

25c

(quar.)

preferred

Paton

6

$3

Mills,

12-

6

110c

Mining (year-end) ,,,!
//
Shawinigah Water & Power Co.— •
4% redeemable preferred aeries A (quar.)
Sheep Creek Gold Mines, Ltd. (increased)

41-19

$1,10

1

Owl

12-

$1.12%

Co.

11-24

20c

(quar.)—i

25c

11-19

Parkersburg Rig & ReelCommon

12-

(s-al

Hosiery

preferred (quar.)
prior preferred A

5%

12-20

12-

15c

$1

dividend)

Pen

3

t$3

Insurance

pfd.

11-10

iquar.)

class

$4

Silk

Red
1-

Title

C.)

1st

non-cum.

Extra

11-10

(quar.)

Parker

Co.

12-16

Extra

Rea'

11-10

12-10

Estate

ton, D.

11-15

4quar.)

6J/a % preferred
Mfg. Co., 5% preferred (s-a)
Page-Hershey Tubes, Ltd. (year-end)

4%

1

60c

12-

15c

(quar.)

Pacolet

Common

12-

Boston

12-

6-20-49

50c

—

Co.——

Corp.

Pacific Portland Cement,

Panhandle

12-15

(quar.),
of

$1.25

of California
Pacific Gamble Robinson Co. (quar.)

Pacific

11-19

1- 2

$1.25

1
1

11-18

15c

1-15

(quar.)

1212-

12-10

12-

.

B

12-15
12-15

12-10

+

common

preferred I quar I
Refrigerator Co
Corp., 90c conv.

Servel,

25c

Reading Co., 4%

3-21-49

37 %c

(quar.)

.Fisheries

Products

Fund

90c

(quar.)

common

quar.)

Pacific

Class

50c

5

11-30

50c

(Minn.),

preferred

Paper,

1

12-1

;

(Geo.)

37 %c

(quar.)

Oswego Falls Corp.,

Oxford

12-

12-

:

11-15

12-18

?10c

Serrick

$1.06%

(quar.)
(quar.)

12-15

1

a^-3I

Investment

;

Banknote Co.,

Shuron

11-

12-20

—

preferred

Pacific

$1

3

87V2C

12-

12 %C

Secgcr

12-

tl'/V©

(quar,)

12-14

25C

250C

:

—

Beauty Supply Co., Ltd.—
Participating convertible preferred (quar.)
Ontario & Quebec Ry.
(s-a)
Oshkosh B'Gosh, Inc., common
(quar.)____

Tail

11-15

11-15

of

40c

12-15

Ontario

$3.60

1

1

stock

li- 5

3

t50c

(quar.)

common

Extra

Otter

1212-

12-* 1

1-5-49

50C

Shattuck-Denn

12-14

1-

Security

Sharon

(year-end)_
Quaker Oats Co., 6% pfd. (quar.),
Quaker State Oil
Refining Corp
Quebec Manitou Mines, Ltd
Raybostos-Manhe.ttan, Inc. (year-end)
Rayonier, Inc., $2 pfd. (quar.),,
Ray-O-Vac Company
(quar.)

$1.40

(irreg.)

Ohrbach's, Inc., $2.25 preferred A (quar.),,
Olin Industries, 4% preferred A (quar.)

,

11-15

1

I-17*

40c

(quar.i

International

15c

Putnam

$1.12%
Co., 4%% preferred (quar.) —
$1.75
Sand, 7% preferred (accum.)—-

Extra

12-

11-20

Extra

11-15

4>4.0W

quar.)

Ltd., common
participating preference

1

(quar.)

preferred

11-16

(quar.),.*—

(increased

Inc.

Participating

Co.—

common

Purity Bakeries Corp,

11-24

1

25c

—

...

$1.50

AJh

Lines,

Canadian

12-

(quar.)

Company,

convertible

12-

$1.10

(quar.)

River

5%

55C

,—

Ohio

pfd.

Gas

preferred

(Del.)
Co.

&

$4.53

25c

,

common

Ohio

.

50c

(quar.)

(quar.)

Company

Corp.,

12-

1

&

11-12

1

$1
Seatrain

1

50c

Inc.

Oil

Extra

1

12-15

12-

t$1.75

25c

Co.,

Extra

Oliver

11-12

—

Common

Ohio

common.

preferred

4.40%

1

$25c

Ohio Associated Telephone, $2.20 pfd.
.

Pullman,

12-

20c

(quar.)—

Ltd., 7%

Ogilvie Flour Mills,
Common
(quar.)

11-16

t$1.50

(quar.)

3%%

on

Electric

$1.40

t$l

6% pfd.

(quar.)

Manufacturing

Oak

dividend

Service

Co.

Roebuck

Second

12-

12-

1

40c

Sears

11-19

share

a

12 %c

Cash

Oil

Seaboard

11-19

held

$1.21 'A

Nova Scotia Light & Power,

11-20

held).

capital

1

12-

11-19

2

Indiana

share

of

Co.

share

common

of

(quar.)

Norwich

11-20

12-

5%

pi c ferred

Public

12-

t$2

5 'A %

Common

1

12-10

(quar.)
Line. 5%

Air

12-31

preferred (quar.i
1
4.40%;
preferred (initial quar.),,,,
Public Service Co. of Indiana, new com.—
dividend

212-

t31%C

preferred

12-15

4%%

Stock

85c

t25c

(increased quar.)

tl8c
5%

Ccleiado—

of

Ltd., com.

:

7-18
11-28*

91 % C

—

& Co.,

Scythes

12-

11-15

$1.25

—,

tyecr-end)

11-16

1

11-20

70c

(quar,)

Leather

11-16

12-

12-

Gas

Public Service .Co,—
(reduced)

1

1

12-15

12-10

Northwestern

12-

12-

Co.,

Co,

2

12-13

11-19

5% preferred (quar.i
$1.25
Light, 6% preferred (aceum,<)- ',*><$1,60

12-14

62 V2C

1

Prosperity

12-

II-15

12-

Tublic

12-20

8

5*

Public Electric

12-20

12-

A

5*

12-27

50c

4-i8

8-1-49

(quar.)
Scott Paper Co., common (increased quar.),
$3.40
preferred
(quar.)
Scovih Mig. Co., $3.65 preferred
(quar.)
5Va%

11-19

12-

22 %C

com.—

convertible preferred (quar,)„
Northern States Tower (Wis.) —

I-18

5-1-49

27 %c

3

11-

25c

4%%

2-1-49

27 %c

12-

11-

12-27

1

27 %c

(quar.)—'.

12-10

1

1-15

SI

iquar.)

A

12-

1-15

Service

Co.—

A

preferred
preferred

12-15

(s-a)

11-15

1

preierred

7G5c

■'

10-25

12-

o(a ?o

140c

•

12-13

11-30

7c

5%%

—t35c

Ltd

12-20

10C

Ltd

11-26

12-20

12-15

preferred (quar,)

Public "Service Co.,

Northern Indiana

preferred

Dome

Price

5

12- 3

11-24

12-20

$1

(quar.)—

Northeastern Water Co., $4

Northwestern

Preston

12-20

Syndicate,
Brick Co

11-17

$2.50

11-

12-15

12-15

*

5

1

1-2

12-11

25c

(quar.),—

11-

12-

Association,

Mining

Fisher

12-27

Inc.

12-20

2

3

Arabian

&

15c

Prentice-Hall,

2

1-

(year-end)

Saudi

Sayre

35c

(quar.),,

1

75c

12-20

11-19*

22%c

(interim)

Loan

12-

$1.10

iquar.)

(s-a)

1
1

25c

,

(quar.).,

1-

15c

(quar.).

4

Ltd.

1-

12-

10c

—

Food

Remedial

Francisco

San

11-29

—-—

A

Holdert

Payable of Rec.

10c

iquar.t

preferred series

1st

1948

15c

Extra

11-15

15c

Refrnctor.cs

American

Extra

North Central Texas Oil Co.

12-13

Share

of Company

Regis Paper Co., common

4 40%

ll-2y

12-13

11-29

37%c

,

(quar.)

Inc.

River

75c

A—,

St,

3

50c

(quar.),,

Power

Corp.

Pratt

90c

class

_

(quar.)

(quar.)—

America

Extra

12-23

I-

25c

Co.

11-29

1-

11-10

2%

(quar.)_

Extra

12-10

5Cc

1

50c

dividend)

(Mass.)

Co.

Electric

12-

1-15-49

When

Per

Name

5

25c

Inc.

12-10

50c

11-

12-15

$1.75
t25c

,_i—_

Steel

1

Seaooard

B

preference

A

K.),

12-

$2

—

12-15

$1

H older »

When

Payable of Bee.

$1

5c

Extra

/SI

Monday, November 29,

Schwitzer-Cummins
—

(cash

Co.

class

Co.,

CHRONICLE

Co.—

RR,

dividend

&

87%c

Raycn.

(quar.)

<quar.)„_

75c

American

Coal

Erie

Material:;

Plymouth
Poor

Power

preferred
80c prior preferred

5%

12-

12- 1C

Plastics

Corp.—

7%

North

12-15

%C

25c

preferred

convertible

north

Class

2

15c
50C

50c

*

North

North

Lake-

8c

Car

53 %c
$1.25

-

pid.

$5

quarterly

&

$1

Corp
Corp.,

Mining

American

Extra

$3

1

'—+

Extra

Normetal
North

12-

37

Electric Corp.

&

11-30

12-15

„

,,

Norfolk

12-10

25c

—

Corp.

Extra

15c

'

Liquidating
Pittsburgh <fc West Virginia Rv. (resumed)—
Pittsburgh Youngstown & Ashtabula Ry.—
7%
preferred (quar.)
—
Placer
Development,
Ltd.
(interim).,

11-29

150C
v

Nilee-Bemcnt-Pond

Noma

12-13

$2

*

Niagara Lower Arch Bridge (quar.)
Niagara Share Corp., class B (irreg.)
Nineteen Hundred

11-15

12-

50c

—

,

Newport News Shipbuilding & Dry Dock Co.
Yoar-cnd

11-26

93%C

(quar.)

common

(quar.)

common

75c
(irreg.)
$5
Pittsburgh Metallurgical Co.,...,—---—25c
Pittsburgh .Plate Glass Co. (year-end)
- $1
Pittsburgh Steel, 5% preferred A (accum.)
$3.12%
5%% 1st prior preferred (quar.),,,
$1.37%
Pittsburgh Terminal Realization Corp,—
Pittsburgh

Hudson

common

(quar.)

(quar.)

Inc.,

Consolidation

Increased

75c
S0c
$1
15c

,

(quar.)

___—

of

.share

& Smelting
held).

Mining

each

12-10

1-2-49

Co.—

dividend

Bay

<

1-1-49

(quar.)

Co.

common

Year-end

Pittsburgh
93 %C

$1.12'/a

Share

4'A%
preferred (quar.)
Pittsburgh Coke & Chemical,

Corp.—

(quar.)

Newberry
Stock

Gas

&

(quar.)

preferred

Mills,

preferred

11-15

$1.50

$4

Petroleum

Puney-Bowes,

Y, Chicago & St. Louis RR.—

6%

FINANCIAL

&

Holders

Payable of Rec.

SI

Zinc

Jersey

New

N.

When

COMMERCIAL

(quar.
,

—

12-10

11-10

12-10

31-10

35c

(quar.)

$1
50c

iquar.),.

(quar.)—

12-15

11-30

65c

12-15

11-30

.

V

.

Volume 168.

THE

Number 4755
Per

Ndme of Company

[Standard Oil
Cash

dividend

Stock
!

Co. of New Jersey—

v

V-

-

___

_

Stock

dividend >

(quar.J.___"

(

Quarterly

12-10-

~

.

93a/4c

Mfg. .Co.— 4

Inc.

12-10

12-10
12-15,,:
12-15

12-

&&C

12-31

Stone & Webster, »In<% _(ycar-eiye 1^-dc-*ddr-. • •
"Stonecutter Mltls, class.
./•

V

,

13-4 7

75c

12-15

1-15

10c

12-10

1-

Coal

&

12-

-r'P-

U» J5.

11-20

12-1

$1.25

1-

".-.•'

(

11*10

42*23

12- 3

35c

42*23

,12- 3

75c

42-31

42-8

•4%%

$1,50

42*24

42-:«

'4xk%

41.75

(GypfuiafCo., $>mwpu -.(qiia'r.)

Extra.'

_

4-3

42- .0

41-10

(quarn)

prior preferred

1

11- 3
1-15

1-31

12-

1

11-15

12-

1

11-

=31

11-30

12-

11-15

1

41-45

4247

1147

•

ItSOc

________

11-30

41-30

25c

•

3

12-15

42-15

k

$1.20

25c

12-

3

11*18

1-10

12-24

50c

12-1

41*10

3%

6%

$40c

12-;8

pre¬

•Worthington Tump & Machinery,Corp., com.

1

11-20

12-

4142%

Co., ?Ud

co®vertible prior

1

28c

common

tWwlsrortli (F. W.), Ltd.—
^American ^deposit receipts Tor
ferred (s-a)

1-2-49

1145

12-

90c

Woodward "Governor Co.____
,

12-31

$1.50

____

Wool:Combing Corp. of Canada, 4itd.____—
tWoolworth (#. W.y Co. ,(quar,)_„_

•1-2*49

41-10

(quar.)

preferred. (quar.)__

Manufacturing

,50c
.

series)

1

35c

________

";.$1

—-

:

Co.—

Special

,1- 3

475C

11*46

1

;12-4-

11-15

$2.50

________

41:75

—

U S Guarantee

11-13

Tl-29

.12-

■'

7 Ve1 ncefecred _(quar.)„__J___;rvT'-

■.

11-19

25c

41-20

11-30

12-31

25c

(quar.)

Woods

42-aO

41-30

,«2&C

—-_~

$4 t-praierved

•

3

1

i qhar.i

1-10

$5

12-10

(quar.)___

convertible ^preferred. (quftr.)

11-15

12-

75c

common____

•Woodall Industries, common

12- >1

.12-20

11-22

12-15

(quar.)

.ipreforred

'4»80%

12-15

4243

32'/ac

U4»

.

1-3-49 ;

$2.50

4n?«j»»e^6Q4.i:quar.) — —

preferred

:

.11-15

,10%

-x.r

.

•

12*18

12- >1

25c

^*:RJilr^'v6atssrt:-j('^a»-)v--'-

IAj4toduEnciffa;

41-29

.12^10

.

,1-15
Coke

United

«

(1897

Wisconsin Power >& Light,

1-3-49

50c

Electric

preferred

3.60%

11-15

53c

•

6%

12-15

12-. 1

50c

.{monthly).

.^i«^.pfd.V4«ftaUily)—
—

11-18

1-3-49

1

,

Power,

41-15

53 c

—

11-22

12-

U5c

50c

Inc., 7% pfd.

11-18

12-1

58Y3C

^

,-r

13-15?

42-16

'

58Y3C

S%- fptiqr rprefenced .^monthly)
^xr,UnttediMerc$ianis.Ai JAa-niitecturers (quar.)_
United- Moiasees /iSft.,- 4^3. - (interim)

•

-11-30

15C

•Stenega

12Tdv
11-18

-12-10

.toe.

6.36%/. prior- preferred

jfcSfc

x

•

1

,-62 %c

Wisconsin
'

12-

(J. C,), Ltd. (quar.)______
Wilson-Jones Co, (year-end)

Winters & Hirsch,
1,

Holders

Payable of Rec.

50c

.5^ ,Pb«ferred (s-a)__^

of

(mpnthiy)

.6.36 ^-;JWiqr 4^fd, .(monthlyi__^^_r_

.q,

12^15.

57c .M-2-43

t.;;*—

rate

commqn v(year-end

Wilsoh

American

of

.prefeerc^^nqnthiy)
■

•: =■-

12-.a

25c

pfd. iquar.>_L_:

Stix Baeir afe itff&f* ^quatj*^

12-1,

5%

,

-

!•"

25C

i,

;

,

12r31

$125
V

the

at

eaefa.'4/J^'' share

-foe7.

s^otliors,

When

Share

Winnipeg Electric Co., common_
45%\pon-cum. preferred (s-a)

•

12-

.12-15.

.

.

37'AC

4%%

4lc

ij.' 11-1$

11-20

25c

dividend*

-(stock

cash -<wili 4ae_ distributed

. ^

.

12-3

25c

•

pfd. tquar.) •*

5%

11-18

OOC i /12-14

(quar.l^—

Siernnk Stem Textile.
;

41-24

•-? -y--,Fr<Mr.MnBbl iwtownpSxt pitt.^rJ>e^iss»Bd ibht

-

20c V

Extrav

Inc,

11-34

42-18

20c

*.?% prior .^eiqi^f-

—

.preferred (quar.)
Stechei -Traung Lithograph,

-.

i

"State- Loan .&-Finance Oorp^ class" A,
■Gl&ts ,B

Sterling,

12-18

Wilson

41-18' riK.f

12-1

.-

250 J-

&- Acid
<quar.)___.L_-:'___—_____
ti.;..,

Drug,

Per

Hame.oJ Company

12- 9

United Xaght & Bftilwnys Cm,-common—
(Ona_share «af .American Light -& Traction

.

Spring Co.;. common___—'
..Phosphate;

>v

1-14

•

25c

...

Works, Inc.
| Stale Fuel;Suppiy.Ji':.

Sterling

Holders

,1-14

65c

Irapaoyement Hs-a)._u—

Extra

-

:

_r

_•

Wholesale

.

11-18

12-10

50»

-

.

.~3%% -preferred A'
Standard Railway Equipment

'

10-22

...

dividend

siamiard

12-9

50c.

c_-_-

ifJnitsd ,Gas

.10-22

2%%

(cash

[Standard Steel

United cF*uit

PdV0le.p1 Rec.

'

dividend

Standard Oil Co. of Ohio—*
Common

■12* 9

When

Share

■*»9kttne<0j Company
.

>«!-.

CHRONICLE

Per

Payable of Rec.

^

-.-I

& FINANCIAL

<.

Holdert

When

.

Sbare

^

COMMERCIAL

preferred
(quar.).

25c

12-20

•13- 4

$1.12%

42-15

42*4

42.50

_

12-15

$142%

(quar.)

12-.1

41-15

12- 1. -

*

rstorhliue Furniture

(quar.i_._|;Stewell Screw, ;Ltd. class A,,.<6*ai—:
'Stravrtrlilge A.Clothier, $5 preferred (quar.) '
•Stuart

tD.

-Diass
Sun

A

•

•

•

>

.participatingvpieferred

(quar/)

__

ft20c

...

m6%

-.12-1

25C

12-15
12-30

5c

12- .1

preferred

-d2--l

11-15

common

(quar.)

—_

—

-

25c

.Sunshine -Mining

Oil,

6%

(James)

"'"(Extra'

1

:
_

>

1

11-15

1

12-

1-3-49

41 Vic
■

12-15
12-

(quar.)—

Inc..

(quar.)

7%

10-30
11-30*

United

11-15

Universal

^Insurance rCo.

12-15

Universal

Pictures .Co.,

12-31

12-15

4 V4 ",'c

2

12-15

Universal

1-

32-

50c

i qiisr. >

pre.ertvn

1

preferred

-TeTuride

8*

12-15

12-

1

2nd

56

prior

-Certiii

Textile

&

11-29

Valley Mould

12-

1

12-

1

I-31

12-

1

12-

$4
Van

ljreferred

conv.

at.es of

Raalte

$1.12 »/2

11-30

11-15

75c

12-15

11-29

Vanadium-Alloys Steel
Vapor Heating Corp., 5%

75c

12-15

11-29

Verney

25c

pfd.

(quur.)_

12-

3

11-10

12-

-

Vick

Corp.

Chemical

Virginia

Co.

Coal

&

11-10

Dare Stores,

11-24

Virginia

Dare,

12-15

11-24

.Virginia

12-

11-15

Mills,

50c

12-

Co.

6-25r49

6-15

12-15
12-15

12-

12-

11-

12-15

11-26

$2.25

12-10

12-

;j_"

Bearings—
Ltd.

tirreg,

12-

1

35c

-

Corp. (Si, Loui
Title Insurance & Trust Cm-(Los Angeles
Tivoli Brewing Co.
(quar.)
..Toklan Royalty Corp. .(s;-a)
Edison

4(4%

'

pfd.

35c
SQc

12%c

(quar,)

tl5c

'Transue Ac Williams Steel Forging (year-end)
j.Treesweet Products Co. {quar.)__-__L;

25C

:$2

(quar.)_

12-

12-

1

3.2-

1

1

11-30

11-25

Gas

Association

(increased

12-

208

convertible
LaSalle

South

Common

'•
•

Asbestos

,12-15

11-30

12-10

Street

11-30

12-

11-9

$1
10c

Sugar

1

Rubber

of

11-16

12-23

12-

12-15

Co.

37 '/zc

12-23

62'/2c

1-3-49

3-1-49

$1.50

(quar.)
_____ __

12-10

25c

(quar.)

1-

1-

3

12-

1

1

12-18
3-19

11-26*
12-10

3

Co.

12-10

11-19

25c

12-10

12-

(quar. >

Trusteed

(qtnrr.>_

Funds,

1

65c

12-

1

11-15

Inc.—*

Union

.

Bond

Fund

"A"

Bond

Fund

"B"_

jtnion Bond. Fund
Ur-icii

.

.

,

-

Union Wire-Rope Corp.
8%

Aircraft
Air

United
5%

United

4%%

12-20

.12-10

12-20

12-10

15c

12-20

20c

B

.

r

'

-

(quar.)_

$1.25

12-

1

11-15

$1.12 Vi

12-

1

11-20

12-4

t50c

11-30

11-15

$50c

II-30

11^15

1

11-16

(quar.?

•

Dyewood Corp.

7C

United Electric Coal Cos.
tExtra
Electric

United

Fuel

Corp.

.•

A

preferred

11-16

7

11-29

12-10

11-24

12-15

12-

75c

t25c

1-

1

2

12-22

11-30

12-11

11-15

12-15

1149

1-

5

2-

1

1-14

12-20

12-10

12-

3

35c

12-

1

$1.13

42-

1

Indies Sugar

West Jersey

&

12-

1

11-16

12-

1

11*15*

1-

3

'

25c

12-

1

12-23

—.—

12-13

12-

40c

$1.75

12-23

12-

12-10

11-24

12-10

11-24

•75c

(quar.)

1240

11-17

3

Ltd.--

(quar.)

75c

—

12-11




inclusion

Gas Co. ,(quar.)__^_____—_____
Virginia Coal & Coke (increased quar.)
(West Virginia Pulp ■& Paper,(quar, )_—i—r

42- 1

1

11-15

17% c

42-20

12- 4

50c

12-13

11-30

12-

Products,

Extra

;

(qqar.)

—_

(quar.)-,—

Western

Light- As Ttetepnone - Co., fine,

3

1245

,11*25

4245

11-25

75c

12-

1

11-45

45c

—

.~4—•
( s-a)_

Western Condeastog/Co._L---_--_^—

3

1-

450c

v: i$i

__4.

"Western Auto Supply Co.

12*15

1-

12-15

25c
25c

•Wefeteel

12-16

41*30

1- 5

11-26

75c

.

1-

50c

,7%

1st preferred

5

($7

(accum.).m-_

$75c

1-3-49

12-10

11-20

11-26

11- 5*

Western Pacific RR. Co.
Common- (quar*)
8*
preferred (A

75c 2-15*49

(quar.)

2- a

A1.35 3-16-40

—

3-1

Railway of Alabama 4
Tablet & Stationery. Corp.-r5%
preferred
(quar.)_„
Westinghouse Air Brake (quar.)

12-14

12- 4

1*3-49

12*16

50c

—

$3.50

,$1.25

12-15

All

12-15

11-15

25c

12-

1

11-

25c

3Va%

preferred A
preferred B

3.80%

Electrical

(quar.)

42-

1

11- 8

87 %c

42-

1

11--8

95C

12-

1

11-

50c

(quar.)_—__

_______

(quar.)—
Corp._

preferred

(quar.)

(year-end)
Wheeling & Lake Erie Ry. (quar.)—______

Weyerhaeuser Timber Co.

8

Machine

Extra

Whiting
Wico

1

at

Webster-Chicago Corp.—Earnings—
6 Months Ended June 30—

class

Wilcox

A

$1.50

12-

6

shares

Common

Earnings
—V.

per

168,

Power

week

.outstanding.i

common

Oil

75c

12-27

12-16

12-27

12-16

12- -1

11-24

12-

common

Company,

common

1

1-15

20c

1-

output

:$2,28

25c
—_

12-31

5%

conv.

preferred

Inc.

the

1947,/-+-V.

168, P. 2165.

'

Wheeling Steel Carp. (& Subs.)—Earnings—
■Period End. Sept. 30—

retpros

<fe allowances
Divs.,,int., rentals (net),
cash discount

on

'$

$

$

33,924,044

111,807,798

144,872

137,929

453,034

418,730

34,061,973

112,260,862

94,826,854

27,662,506

23,589,829

.75,978,315

2,772.658

2,298,082

7.875,552

1,361,570

1,220,233

3,794,743

63,302,830
6,804,937
3,591,669
-0273,176

sales and other

.operating charges
Repairs -& maintenance
,Oepr„ depl. •& amortiz.
Gain on ord.;retire, or
___

sales

fixed

of

assets

Crl3,760

£96,503

022,067
186,919

Cr32,174

Pensions—corp.'s plan__
Sell., gen. fr admin, exp.
•Ipt. & net exp. on fund.

2,176,223

2,002,050

G,545,082

and

Willys-Overland Motors, Inc.—
$4;50
preferred .(quar.)_i
$4.25

&

12-15

Co., common ______
(quar.)

preferred

Net

Federal

(est.)

190,161

193,733

552,921

584,554

1,953,000

7,046,000

6,021,000

2,640,189

9,691,645
569,559

8,430,261
569,559

$14.63

$1241

inc.

*—

profit

1

3,866,913

(Common Shares outstdg.
.Earns, per com. share__
—V. 168, p. 1090.

,

569,559

569,559
$5.99

$3.84.

Wireway Sales Corp., New York—Files With SEC—
The company, on Nov.
•for

shares of

299,000

share.

per

17 filed a letter of notification with the SEC
stock (par 10c), to be .offered at $1

common

be

Underwriter,

for

used

corporate

Mercer

Hicks &

Co., -New York.

Proceeds will

purposes.

•

Woodley Petroleum Co.-rStock Dividend,

245

1-28

stockholders have

The

to

stock

$8

from

$1

a

Etc.—

\

par value of the capital
278,250 shares issued and

voted to change the

share.

There

are

outstanding.

1

11-15

12-

1

11-15

30c

12-15

42- 4

$1.25

12-15

12-

1

held.

20c

12-10

11-30

tion.

1-2

12-24

would

1

11-15

placed on a 12% cents a share quarterly

1* 1

4243

12-

25c

$1.06%

.

stockholders

The
on

j.

;

______l

529,516
5,835,263

808,778.

2,776,000

long-term debt__

for

taxes

•12-

$1.12%

—

$

41,088,760

income

•Cost of

'■

94s408,074

pur¬

chases, etc.
Total

4947

1948—9 Mos.

1948—3 Mos.—1947

40,943,888

Gross sales, less disefcs.,

30c

(initial s-a)——
(quar.) __—______

Output—

1948

12-15

12-31

IOC

(quar.)

(quar.)___

Gibbs Sewing Machine Co., com._

Willson Products,

$1.43

•

the

20,

70c

Wilkes-Barre Lace Mfg.

t413,570
7289,035

'289,035

electric properties of this company for the
totaled 114.931,000 kwh., an increase of
output of 105,421,000 kwh. for the corresponding

of

Nov.

over

week of

2

,30c

(quar.

(quar.)

658,350
-,

—.

share

11*24

75c
•25c

-

Co.,

.1947

$5,813,300

389.

p.

ended

9.02%

11-22

—

preferred

1948

$7,548,595

after'taxes and charges_—__

Net profit

1145

(quar.

Ccrp.

Electric

6%

Works

*

-j

•

outstanding shares of $5 par value class B preferred stock,
of 31,376.3 shares,
have been called for redemption on
the office of the,corporation, Room 3800, 20 North Wacker
Drive, Chicago, 111.
Each holder is entitled to receive par, plus accrued dividends thereon
from Dec. 1, 1946 to Dec. 27, 1948, amounting to 62%. cents per share,

11*22

12-

6834e
Whitin

p. 2164.

8

1240

$1.12 Va

Instrument

Weston (Geo.), Ltd., 4y2%

»

consolidated Federal

the

in

company

the

27

IProv.

Western

common

the

11-15

$1

Western

Westinghouse Electric,

of

consisting

;Dec.

12-4

12-11

$1.50

(8-a)_-__.

West Ohio

WiLson
i.

the

11-15

1

RR.—

6% special guaranteed

mi

West Penn Electric Co.—Weekly
20C

Corp. (s-a).—

"seashore

•

11-13

75c

—

__r-_ —■_—_

(quar.)___

/

tax.

tax returns of its,former parent .company. Engineers ^Public
Co., and others, for -the year 4946 and ior the period Jan. 4,
through July 21, 1947, the date on which the cpmpany ceased to

11-13

75c

West

Willcox &

25c

<accum.)___

income tax.

Jamaica income

(The) Wacker Corp., Chicago, 111.—Calls Class B Stock

11-15

12-15

25c

:2*_—

(year-end)

•

dividend.

this

11*24

50c

(quar.)__—

tqnar.)

Inc.

for

Sales

10-30

2»C

pfd.

(quar.)

Investments,

1

12-

.50c
40c

(quar.

___.

United

12-

25c

Carton

Co.

Chemicals, Iue.__
Corporation, $3 pfd.
tQuarte-rly

class

11-15

12-

25c
&

Careen

1

12-10

$1

11-15

11-30

25c

United

6/o

11-30

f50c
America..

...

Board

preferred

Weston

t50c
of

12-

12-11

f 50c

1

12-15

;

Co.

...

.

12-

Ltd., class A

United

-United

.

12-15

$1.25

.

;

■81

_

Biscuit

?.Extra

United

-United.

11-30

u-___i

Extra
United

12-15

Inc.—

Extra
Glass

9c

:

Co.,

1

3

1-

t25c

1240

preferred

Circuit,

(quar.)

Amusement

12-10

32c

-

(quar.i_.__

Theatre

12-10

i

(vear-eud l__________
pieferred (quar.)___

Lines.

Artists'

preferred

12-20
•12-20

j._c_

FuntL

Corp.

convertible

United
'

19c
19c

"C"___—

Stock

r.

-

U«ien Common Stock Fund--

Upited
•

Preferred

11-12

12-15

WesfcOTtt JMaryland iRy.—

(quar.)

Tank Car Co.

12-

12-10

933/4C

California—

A

20C

12- 4

_

com

12-6

We«t

6214 c

&

Co.

12-

1

$1,12(4

Corp.,

7*15

1245

11-30

12-10

$4

Fund,

closed

subsidiary of Engineers.—V. 168,

a

•

-

11-24

35c

(quar.)

be

12-17

40c

(quar.)—

1

50c

preferred

11-12

1*14

7$c

12-

$1.75

(quar.)

Union
•

Motor Co.

not

iWesson Oil & Snowdrift Co., Inc.—

11-26

'

Union

Waukesha

Corp.

1

11-39..

4-15

—

by

1947

2-1-49

(initial)

—

Corp.—

Petroleum

42-4

(Continued from page 12)
sioned

12-20

62 VaC

^Wellington

(s-ai___

.< year-end i. _____ __

preferred

Union

Warren

42- 1

1-.3

income

84-49

common—

(quar,)

12-15

12-

Service

75c

___

preferred

41-19

InvciJuHint Hews

11-20

5-2-49

—

11-20 ;r

50C

Oil

$3.75

Upion

preferred

11*19

4-; 3
12-15

General

11-12

37 VaC

_—_____

(quur.)

Company,

books

xLess 30%

II-19

1

50c

Pictures,
B

42-15

25c

Less British

a

1

37VaC
—

______

$3 convertible

$1

25c

(quar.)_.

Co.__

1

37»/aC

(quar.)

11-24

Extra

Union

-

(quae,

1

quar.)_

(quar.)

,-Underwood -,Corp
"Union

$4.50

7-20

resident tax 15%; resident tax 7%.

1241

$1,25
62V2C

..(Warren (Northam)
'^■r

7*30-49

tPayable in U. 3. Funds,;Jess ,15% Canadian non-residents' tax.
tPayable in Canadian funds, tax deductible at the source.
Non¬

"1- 3

30c

(quar.)

C.)

4-20

37 Vac

12-10

$1

^Transfer

12-

10C

(year-end)___

(S.

1-20

37%c 4-30-49

Extra

II-30

$1

—_

1

Common

!

Warren

42-20

1-31-49

—

•Extra

1

1145

12-

City Ninth Unit,
$6 pfd.
(accum.)
Tung-Sol Lamp Works, common...
-Twentieth .Century-Fox Film Corp.—

$1.50

Youugstown Sheet & Tube
-Youngstown Steel Door

11-12
12-

12-

Tudor

(quar.)
prior preferred

12-

1

12- 4

—

Brothers, class

45c

37 %c

(quar.)

_________

11-12

12*

12-15

12-10

'

$4,50

2

12-10

30C

20c

RR.

Coal

12-

tl2c

12 Vie

20c

i

Bros.
C

2*38
5-31

11-18

—

$135

(quar.

& Green'oush

Truax-Traer

1

75c

—___—

Class

11*30

3-15-49

40C 6*15-49

IOC

i-17

12-

$1,25

(H.)-Gooderham & Worts, Ltd.—
Increased

11-11

41-15

1

Walker

11-19
41-22

2-

$1

preferred

Warren

,42*15

10c

^

—__—___—

.11-26

20c

Oil ■&

Extra

Troy

11-30
12-* 1

12-20

$1,06 V*

Ltd.!

Elevators,

i

11*13

11-20

12-10

$1.37'/a

,12-21

- ____________

common

.11-29

11-20

Walgreen Co., common (quar.)____»
4% preferred (quar.)____^__:——

12-2

12-15

.,

11*27

1

1-

t3iy4c

preferred

7

12-

_______________

Tpreferred

Warner

quarterly

Insurance

Trico

11-19

12-30

tl5c

4

1-3

75C

•

3

Realty & Construction Co'.—

Increased

Toronto

12-

1

12-

1

$2

__

A

2-19

41+29

$1

11-19

Wabashi-Harrlson Corp. .(s-a i_
Wabasso Cotton Co,, Ltd.. new com*
Waiie Amulet Mines, Ltd.

5

$1

'

,

1

40c

(quar.)

(quar.)

Top Tailors,

3-15

12-

41-30

(quar.)__,
(quar.)
YLsking Corp.
L.
Vogt Manufacturing Corp. (quar.)

12-1

12-1

(ifreg.)_.—_

Railway,

6%

11-12

12-20

40c

preferred

class

4*20
;

11*13

-

11-15

preferred 4quar.* _<_■
Power, common (quar.)

Electric &

preferred

0%

1
3

5%

Ltd.,

6%

i

12-15

25c

Oil

(year-end >-

Roller

loledo

12-

4-1-49

______

Associated

Inc.

Tishfnan

11-15

$1.50

(year-end)__

com,

preferred (ouar.l

•Title

1

1-49

50C

Roofing

Tip

1-

$5

Virginian

11-15

60C

.

(Common

Timken

1

42-15

$,1.75

common——.

1

12-

25c

^

(quar.T__a-_„_'.^T_a—

Hiompson Products, Inc.,

Time,

11-30

12-20

$1

(ycar-end)_

Iron

3

12-15

J30c

:■

Tile

11-45

^

(quar.);

$130

interest (year-end

prop,

Cotton

Water

1

42-

40C

Virginia
.

Common

4%

12-

42-10

42-

(quar.)

$130

•

Co., common

Tide

11-15

12-6

1_

Viceroy Mfg. Co., Ltd.____

Oil—

Ltd.„__.^

preferred

11-15

1

22YaC

.

Inc.

Company,

jll-12

25c

7%

|' Thomaston

4

3

(s-a

1

SI.75

50c

The.w Shovel

1212-

1-2*49

$5.50 prior preferrd (quar.)
Valspar Corp., common

12-16
12-16

(quar.)___—

_______________________________

11-20

12-20

.

.3-4;

■

.

preferred (quar.)
convertible preferred (quar,
convertible preferred (quar.)

8%

62YiC
40c

(quar.):

Iron, common

.52- 4

10c

convertible

6%

(year-end)—

Carpet Mills

1- 4

25c

.

Co.

11-20

42- 1

25c

Yankee .Fibre iTile Mfg. .Co.

12*15

20c

_______

1

&

12- 1

50c
25c

•Yellow Cab; Co.—
...

12-15

15c

(increased)

12-

Mohawk

•11-26

25c
—

(quar.)

12-15

&

11-15

4-3

25c

'

Common

3

I-

12 VaC

Co.

.41-30

■

(monthly)__—_—

Co.

Common

!

12-30

$2.20

coramon__™~—_______

Light

Jr.,

$5

:

43 Vac

Wysong $5 Niles Co., common

25c

(quar.)

3c

(year-end

Mills,

5

41-29

'

:

11-

12*15
42-15

—

preferred

'.V

4-td. 4rediiced)__

>

Utica

.-Extra
shares

12-10

45c

—

Knitting Co.,

(s-a)___

11-15

$1.06Y4

11-15

..{initial, quar.)

|i Texas Pacific Land Trust—
-Sub

4

12-

c

$1.25

(year-cjndi,

12-15

■'
•&

Co.

$1.95

(s-a)-__

;Extra

.

11-22

Extra

-40c

(quar.)

Products

Mtitab lower

:

preferred

I Tex-O-I^an Fipur Milfs,, 4 %>
|: Texas Gulf 8u)phiir___——*
Coal

Utlca

11-13

J. Terre ;Haute Water Works, 7'.i pfd. (quar.)_

Pacific

41*22

$8.75

Upson-Walton, (quar,)

42-11

12-

30c

common

12-15

1240

42-10

U2V2C

Upper Canada Mines, Ltd

,

Co.—

(accum.

Power, -6%

1-

?12'/2C

(quar,).,?

25c

New

preferred

11- 2

$1

43 3/4C

Extra

Taaness.ee Cory,

Texas

11-15

(quar.)

90c, convertible preferred

8*

11-

27c

j_.._

41-

11-29

25c

_

42- 1

Inc.—

Universal 'Winding Co.—

11-15

11-29

j25c

preferred

Telephore Bond &: Sh'ire
1st

$2.50
62¥aC

Ltd._
^United Stockyards Corp. (yeaTrend)

-Taylor, Pearson & Carson (Canada), Ltd.—

7%

Wyandotte Worsted

—

6orp.,

Steel

11-5

2 5c

(quar.)

Taylor & Fcnn, 4.32'/

5% r-:omL

____

nom-cum.

1

50c

■

42- 4

11-30*

$2

12-31

56'/4c

___

common______-_-—

Inc.

4248

12*15

12-20

.

preferred
Talon.

1-1-49

«45c

—_

preferred (quar.)___
U. 8. Trust Co. (N. Y,)
(quar.)

!•

"

Tampax,

42*16

&%

12- .1

25c

_v_—

4*1*49

W%ht4Iargreaves Miners,

41

15c

75c
,

50c

_________

-

1

prior preferred
Wright /Aeronautical Corp—

Wrigiey (Wm.),
'■Special
■i Monthly
Monthly
Monthly

_—

j15C

__—

•11*20

Spring & Bpmper Uo;,^ %
{ qua-r:)
U. S. Steel Corp., common (qqar,)
,U S Tobacco
,Co., eonuaaoii .(year-end )„_____

11-15

1

;1-

42-17

;12i44

TJ &

11-26

12-

Extra

■

11-26-;

12-

-

Inc., common

>

12-

11-19

12-15

10c

4-;'3

■:&2
)7flC

"Potash-.fCoy, (irreg. )^_i_vw^>(--~—
U- S. .Printtog (b.Lithognaph, commor..:.5% .preferred ;(quar.)______
U,_S.iRubber^Ce.,>c«B(nnori-xii-^--i-.

-

12-23

25c

Corporation

Taicott

1;

i40c

|,Sylvanite -, Gold Mines, Ltd.___-._v~_—

Taggart

12-

.'37%C

*4% 2nd -preferred (quar.)
Swift k- Company ,(quar.ii__-_i_,__^-_r.-_._;

SymingtorrrGouid C >ri>, <J$
Syracuse Transit Corp
1

2

,12-15

22'/2C

S Ltunbe?-*C<K ^tyeanrand

_U &

50c

(quar.)_"—_

preferred

'

i

1

45c

25C

41*30

fkiUQt** Fnw^r*a4fluar.)
U« ;S. Plqying Card €>e. (quar.)

12-

1-2

41-lfl

12-14

U,

1-15
1-

28 '/sc'
'

|.Sutherland -Paper Co. (quar.)-i ii.-_ii_i.-_t,—
Swan-Finch

U

••

11-30

'

26 Ac-

(quar.)__>;-~-_-

Co.

/-

.12-4

H82'/2C

—

U.

41.-24
■

Worumbo Mfg., -5%

—

4I.O6Y4
—_____

y-.

11-15

37'/2C

;

.Sunray OiLCo^p., common> (quar,)---i■
AVi % .preferred .series A tquar.i___":_-_i:4:\-4%%- convertible pfd
series B (quar,)-" •

,

Maeiiinerj (Corp.—
.4Y4%.; ,pref«a»d
(quni l--—
S. Lines, common (quar;)
11-12'■•• *Vz%
?&&&.

10%-

-

(quar ) _—.*■

(qnar.)

vU.,.S. Hoffman

12-20

_■

Stock dividend

| Sun Ray Drug ;Co.,

■7%. 'preferred

vll-1

3

Ltd.— v

A.t "Oil,

Oil. Co.; common

"

•

•has

capital

the

also

stock

on

authorized

the

the

basis of

r.

-Parfcen,

directors

one

The directors will meet Dec. 2 to

to effect

a

dividend

share for each two

shares

take action op this authoriza¬

.President, told stockholders that the management
at the directors'
meeting that the new .stock be,

recommend

dividend basis.

The company

heen-paying 10/cents a share each quarter.—*V. 168, p. 2165.

■

mmrn

THE

COMMERCIAL

FINANCIAL

&

CHRONICLE

Monday, November 29, 194?

STATE AND CITY DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS

any

Gadsden, Ala.
Bond Offering

7 for the

sealed

receive

will

Clerk,

City

bids until

ring

P. M. McCall,

—

(CST)

10 a.m.

Dec.

on

purchase of $360,000 pub¬

improvement coupon bonds.
Dated Dec. 1, 1948. Denomination
lic

$1,000. Due $36,000 Dec. 1, 1949 to
1958. Bidder to name the rate *oi
Interest the bonds
a

or

on

to

date

of

will be sold as a whole to the bid¬
der whose bid reflects the lowest

Bond

re¬

Offering—The

Board

of

County

Commissioners

utility

the City reserves the right to re¬

Enclose

check

under authority of Chapter

and
Ex-Officio
Judges
Account" of the City shall sioners
thereof.
Bonds are exempt from
pledged. The bonds, are to be
in the State,
and the
validated by the Circuit Court of taxation
Gulf County and the approving present Federal income tax. Bonds
validated by the Superior Court
opinion of Giles J. Patterson, of

and all bids must include accrued

Fund

interest

be

The

to

the

will

bonds

be

delivery.

of

date

delivered

in

Birmingham or Montgomery as
may be directed by the successful
bidder

soon

as

as

the bonds may

be

prepared following the sale.
The City will furnish, without cost
the
opinion of White, Bradley,
Arant & All, approving the valid¬
ity of the bonds. No conditional
bids will be considered except that
bids
may
be conditioned upon
such opinion. Enclose a certified
check

for

$7,200, payable to the

City.

Pasadena

City School District,
Angeles County (P. O.
Los Angeles), Calif.
Bond Offering — W. G. Sharp,
Los

County Clerk, will receive sealed
until

bids

10

(Calif. DST)
purchase of
$1,100,000 not to exceed 5% in¬
terest building bonds. Dated Jan.
Nov.

a.m.

for

30

the

Denomination

1949.

1;

$1,000.

Due Jan. 1, as follows: $50,000 in
1951 to 1954, and $60,000 in 1955

1969.
Principal and interest
payable
at
the
County
Treasurer's office, or at any of the
(J-J)

fiscal

agencies of the County in
New York City.
Rate of interest
to be in multiple of % of 1%. The
bonds

will

be sold for cash

only

.and at not less than par and ac¬
crued

interest.». j Each

bid

must

(EST) on Dec. 14 for the pur¬
chase of $1,250,000 revenue bonds,
p.m.

divided

as

follows:

1

$40,000 in 1979, and $650,000
in 1980. /
■
Dated

July 1, 1948. Denom. $1,000. Principal and interest (J-J)
payable
at
the
Manufacturers
Trust Co., New York. All of said
bonus maturing in 1954 to 1980
shall be subject to redemption by
the County prior to maturity in
whole or from time to time in

jntaturity' .(les§. than all of, single

delivery ^and state separately the
premium, if any, and the rate of

maturity to be selected by lot) on

interest offered for the bonds bid

after

for.

Each

bid

shall

be

for

the

entire amount of the bonds,

at a
single rate of interest and any bid

c

for less than the entire amount of

bonds

or

terest

will be rejected.

of

varying rates of in¬

Payment
delivery of bonds will be

for and

made

for

in

the

office

Supervisors,

fied

of

the

Enclose

a

Board

certi¬

cashier's check for 3% of

or

the amount of bonds bid for, pay¬
able to the Chairman, Board of

Supervisors.
CONNECTICUT

Darien,
Note

hoon,

Conn.

Offering—Stanley C. CaFirst

Selectman,

ceive sealed bids

until

will
10:30

re¬
a.m.

(EST) on Dec. 6,for the purchase
$300,000 tax anticipation notes.

of

Dated Dec. 8. 1948.
Due April 29,
1949.
Payable in New York City

Satisfactory legal opinion will be

interest payment date on or

any

July 1, 1953, upon the fol¬
lowing terms: Bonds maturing in
1980, shall be callable as aforesaid,
upon terms of par and accrued in¬
terest, plus a premium of 5% of
the principal amount thereof, if
called for redemption on or prior
to Jan. 1, 1958; 2Vz% of the prin¬
cipal amount thereof
if called
thereafter and on or prior to Jan.
1, .1963; and thereafter without
premium; and bonds maturing in
1954 to 1979, shall be callable as
aforesaid upon terms of par and
accrued interest, plus a. premium
of 5% of
the principal amount
thereof if called for redemption

to

Jan.

Fort

St. Joe,

agrees

Fla.

son,

Offering — M. P. Tomlin
City Auditor and Clerk, wil

receive sealed bids until 10.30

(EST)

a.m

Dec. 6 for the purchase
of $90,000 not to exceed 4% interon

'

est

•

S&

I

.

general
obligation
bonds.
Dated July 1,1948. Denomination
$1,000. Due July 1, as follows: $3,000 in 1950 to 1955, $4,000 in 1956
to 1961, $5,000 in 1962 to 1966, $6,000 in 1967,. and $17,000 in 1968
The right shall be reserved to call
bonds of said issue maturing in




bids
a

reserve

Madison County,
District

Com¬

Judges

the right to reject

ceive

sealed

(EST)

Carl

Siegel,

sealed
Dec. 1

bids until 8 p.m. (CST) on

tion

their

of

numbers

interest payment date

on

occur¬

ring

1979,

will deliver
less

not

more

an

than

than

thorized

1974.

Accrued interest between the date
of the bonds and the time of the

payment and delivery shall be ad¬
justed with the purchaser. The

election

the

at

held

on

to be awarded to the bidder nam¬

ing the lowest rate of interest]
the above named in any legally acceptable!
Secretary. The District will fur¬ proposal and offering to pay notj
nish a transcript of the proceed¬ less than par for the bonds. Th«
Oct. 30.

All bids must be made

on

the form submitted by

the

and

&

amount of

$1,250,000

bonds,

and

not

$1,500,000, depending
final, determination of

County)

for the bonds

bonds

will

their date of issue to the last

chaser

on

be

or

made

the

to

before Jan.

pur¬

$1,000.

Due

Dec.

1,

as

follows:

in 1949 and 1950, $14,000
in 1951 and 1952, $15,000 in 1953
and 1954, $16,000 in 1955 and 1956,
and $17,000 in 1957 and 1958. Op¬
$13,000

Dec. 7 for the purchase of $45,000
not

to

bonds.

exceed

Dated

4%
Dec.

interest

1,

so

As

same

1948.

jail
De¬

ingly reduced. The cost of
tion

delivery

sewerage

rate of

said
or

and

bonds

make
in

at such other

New

payment
York

for

City,

place as shall be

and

the
on

maintenance

of

the

system of the City, and

principal of and the interest
said

revenue

bonds

are

pay¬

able

solely from the revenues to
mutually agreeable between the be derived by the City from the
bidder and the County. Enclose a operation of the sewerage system.
The City will furnish a transcript
certified or cashier's check ,for,l%
Of proceedings and the legal opin
of the amount bid, payable, to>the
iOn of Charles- & Trauernicht, of

Board of County Commissioners.

St;

Louis,

and

will

pay

for the

1949

to

1953.

Split

payable in principal and

largest premium will be ac¬
cepted. Enclose a certified check
for 2% of the par value of the
bonds
offered,
payable to the]
County Treasurer.

Offering

Note

tall taxable

Parish,

to pay

,

receive

bids

sealed

P.

Charles

—

Treasurer,

County

Howard,

until

11

will
a.m.

(EST) on Nov. 26 for the purchase
$81,000 Waldon Pond State Res¬
ervation, Acts of 1947, registered
notes. Dated Dec. 1, 1948. Denom,

of

$1,000. Due $27,000 Dec. 1, 1949 to
1951. Principal and interest pay¬
able at the Second National Bank
of Boston. The notes will be regis¬
tered in the
ful

bidder,

of

of the success¬

interest will be
to the registered

The bidder is to name one

interest

of

rate

name

and

direct

payable
owner.

1%

in

multiple

a

of

and no bid of less than

and accrued interest will be
These notes will be

par

considered.

prepared under the supervision of
and certified as to their

genuine¬

by the above bank qnd, their
legality
will be approved - by
Storey,
Thorndike,
Palmer..^ &
Dodge, of Boston, whose opinion

ness

will

be

furnished

to

the

pur¬

bids will be
accepted. The notes will b,e de¬
livered to the purchaser on or
about Dec. 1, 1948, at the Second

chaser. No telephone

National Bank of Boston'.

Quincy Housing Authority,
Mass.
Note Offering—Louis A.

property
sufficient in

the principal and

George,

Chairman, will receive sealed bids
at the office of the State Housing
Board, 18 Tremont Street, Boston,
until 1 p.m.
the

Dec.

to

(EST)

on

Nov. 29 for

purchase of $490,000 tempo¬

The

amount

;

,

MASSACHUSETTS

rary

the

,

/Middlesex County (P. O. \
East Cambridge), Mass1 ■' 'J-

interest from the annual levy and
collection of an unlimited ad va¬
within

pro-l

the

lorem tax

on

naming

interest

be bid, in which event
designate the av¬
erage interest rate.
Principal and
interest (J-D) payable at a place
designated by the purchaser. Le¬
gality approved by B. A. Camp¬
bell, of New Orleans. These bonds
will be

bidders

interest, the

posal of the bidder offering to pay

the bidder must

bidder will be required- to accept

the

between

the

rates may

1,

from!
date!

24, 1949, of maturity of any of the bonds.

mium offered will be correspond¬
opera¬

to be issued

ing of the bonds. Delivery of the

upon the
the cost. The amount of any pre¬

to the legality of the

a.m.!
pur¬

Bidders are

condi¬
tioned only to that extent.
Each

as

bonds and the bids may be

10

the

Due $2,000 Jan. X,
Principal and in¬
(J-J) payable in such funds
as may be on the respective date
or dates of payment thereof, legal
tender for payment of debts duej
at the County Treasurer's office]
to

•

order

for

$1,000.

1950

than in Granite City, 111., without cost
$1,250,000 no less than $1,500,000 to the purchaser. Delivery else¬
sewage revenue bonds. Dated Jan. where will be made at the expense
1, 1949. Denom. $1,000. Due Jan. 1, of the purchaser. Enclose a certi¬
as follows: $25,000 in 1950 to 1952,
fied or cashier's check for $3,000,
$30,000 in 1953 and 1954, $35,000 payable to the District.
in 1955 to 1958, $40,000 to 1959 to
1961, $45,000 in 1962 to 1964, $50,IOWA
000 in 1965 to 1£67, $55,000 in 1963
Buena Vista County (P. O.
and 1969, $60,000 in 1970 and 1971.
} > i Storm
Lake), Iowa
$65,000 in 1972 and 1973, $70,000
Bond Offering—-W.:iJ; Robinson,
in 1974 and 1975, $75,000 in 1976,
$80,000 in 1977 and 1978, and $85,- County Auditdr, will receive bids
000 in 1979. Bonds maturing in until 1.30 p.m.' (CST) on Dec.'3
the
1970 to 1979, may be called for for
purchase
of
$150,000
payment prior to maturity at par county public hospital bonds.
and accrued interest in the in¬ Dated Dec. 1, 1948. Denomination
any

until

17

terest

for the purchase of not more

verse

bids

Dec.

on

legal opinion of lowest rate of interest will be]
Trauerpicht,
of
St. determined on the basis of the!
Louis, and will pay for the print¬ lowest interest cost to the

receive

—

will

Nameoki School

bonds will be registerable as
principal
on
registration books
requested to designate in their kept for that purpose by the Clerl
of
bids the price they will pay for
County Commissioners. Bid¬
bonds bearing interest at a rate or ders are requested to indicate wit!
their bids the rate of interest tc
rates, likewise to be designated
in their bids; provided, however, be paid on the bonds on. which!
that each interest rate so desig¬ their bids are based and
submit-]
nated shall be an even multiple of ted; the rate named may • be a|
% of 1%. These bonds were au¬ multiple of 1/10 of 1%. The bonds

Charles

Offering

Bond Offering—Charles N". Wil¬
kinson, President of the Board of
County Commissioners, will re¬

(P. O. Nameoki), III.

of Education.

Board

ings

ILLINOIS

Belleville, III.

Clerk,

$900j

MARYLAND

p.m.
(CST) on Nov. 29 for the
purchase of $200,000 not to exceed
31/2%
interest
building
bonds.
Dated Dec. 1, 1948.
Denomination
$1,000. Due Dec. 1, as follows: $5,000 in 1950, $10,000 in 1951 to 1953,
$11,000 in 1954, $12,000 in 1955 and
1956, $15,000 in 1957 to 1963, and
$25,000 in 1964. Principal and in¬
terest (J-D) payable at a bank to
be designated by the purchaser,
subject to the approval of the

thereof.

Bond

cashier's

for

Allegany County (P. O.
Cumberland), Md.

8

$50,000, payable to the Commis¬
sioners
and
Ex-Officio
Judges

City

or

payable to the

En-

year.

check

Bond
Offering — Louis Berry, chase of $2,000,000 not to exceec
Secretary of the Board of Educa¬ 5% interest school coupon bonds.]
.Denomina¬
tion, will receive sealed bids until Dated Jan. 1, 1949.

cashier's check for

or

certified

a

for $15,000,

City.

and all bids, or to accept such
as they
deem best. Enclose

certified

certified

a

payable to the Parish.

nomination $1,000. Due $9,000 Dec.

Chicago,

Bond

any

Close

.,

without

FLORIDA

The

missioners and Ex-Officio

the

after such dates: 1978 and
callable Jan. 1, 1959; 1975
to 1977, callable Jan. 1, 1963; 1972
to 1974, callable Jan. 1, 1967, and tional Dec. 1, 1953 and on interest
1970
and
1971, callable Jan. 1, dates thereafter, prior to matur¬
1969.
If less
than
$1,500,000 in ity. Opinion of H. N. Rogers, of
bonds are delivered,- the reduc¬ Des Moines, to ; be furnished by
the County. Printed bonds to
tion will be spread proportion¬
ately over all maturities. Prin¬ be furnished by the County. These
cipal and interest payable at a are the bonds authorized at the
bank
to
be
A check
designated by the election held on June 7.
purchaser, subject to the approval in the amount of $3,000 is re¬
of the City Council. Bidders are quired.
on or prior to Jan. 1, 1958; 4% of
requested to designate in their
the principal amount thereof if
bids the price they will pay for
LOUISIANA
called thereafter and on or prior the bonds
bearing interest at a
s, East
Feliciana Parish (P. O.
to Jan. 1,1963; 3% of the principal Fate
or
rates
likewise \ to
be
amount thereof if called thereafter
Clinton), La.
designated in their bids; provided
and on or prior to Jan. 1, 1968; 2%
Bond Offering—H. H. Forrester,
however, that each interest rate
of the principal amount thereof if
so
designated shall be an even Secretary Police Jury, will receive
called thereafter and on or prior
multiple of Vs of 1%. The City sealed bids until 10 a.m. (CST) on
1, 1973; and thereafter
premium.
The County
to furnish the approving
opinion of Chapman & Cutler, of

furnished.

The

Savannah.

at

livered

thereof

$20,000 3% Belleair Beach Cause¬
way bonds.
Due $10,000 July
1, 1952 and 1953.
20,000 3% %
Belleair Beach
Causeway bonds. Due $10,000
July 1, 1954 and 1955.
1,210,000
4%
Belleair Beach
Causeway bonds. Due July 1,
as follows: $10,000 in 1956, $15,000 in 1957 to 1961, $20,000 in
1962 to 1967, $25,000 in 1968
to
1972, $30,000 in 1973 to
1976, $35,000 in 1977 and 1978,

and accrued interest to the date of

bidder ..offers

issue.

legality of
the bonds has been approved by

part,, in, the inverse order of their

the

entire

County (P. O.
Vandewater,
Sykes,
Heckler
&
Clearwater), Fla.
Galloway, of New York City, a
Bond Offering —Ray E. Green, copy of whose opinion will accom¬
Clerk of the County Circuit Court, pany the bonds when delivered to
will receive sealed bids until 2 the purchaser.
Bonds will be de¬

par

stated thdt

'

the

Bids must be for

County.

Pinellas

to

:

of the

-

CALIFORNIA

on

Jacksonville, will be furnished to
the purchaser without charge.

to

Delivery elsewhere will be made
at the expense of the purchaser.

Ex-Officio

and

made

purchaser on or before March 1,
1949, in Belleville, or St. Louis,
cost
to
the
purchaser.

by the City
22,829, Judges thereof. The bonds can be
registered as to principal with the
ject any or all bids. No bid will Laws of Florida, Acts of 1945, and
be considered for less than par, appropriated to the "Construction Disbursing Clerk of the Commis¬
tax

imposed

interest to the City, provided that

be

without

Commissioners and ExOfficio Judges will receive sealed
bids until 11 a.m. (EST) on Dec.
20 for the purchase of $1,000,000
2 %% public school coupon bonds.
Dated Jan. 15, 1949. Denomina¬
bear; provided, however, that no
tion $1,000.
Due $50,000 Jan. 15,
bid less than 98% of par will be
1955 to 1974.
Principal and in¬
accepted.
As additional security
terest (J-J) payable at the office
for the payment of the bonds 60%
of the Disbursing Clerk
of the
of the funds collected from the

demption. Principal and interest
(J-J) payable at the Florida Na¬
tional Bank of Jacksonville. Bid¬
ders are invited to name the rate
of interest which the bonds are to

multiple of V\ of 1%. The bonds

O.

(P.
Savannah), Ga.
County

will

bonds

the
Chatham

after five years from
plus

interest

accrued

printing of the bonds. Delivery of interest falling due each

GEORGIA

on

interest payment date occur¬

the date of the bonds, at par

to bear, in

are

for redemption

1968,

to

1963

ALABAMA

I

loan, first series, notes. Dated
1,

Due -Dec. 1, 1949,
of such" notes are
pay expenses in¬
to be incurred in the

1948.

-

proceeds

be

curred

used
or

to

f

*

*

olume

168

Number 4755

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(2273)

53

^

evelopment

of

State-aided,

a

V(M-S) payable at the Ann ject to redemption on 15,,
days'
Arbor Bank, Ann Arbor. Rate of 1
published notice in the Ontona¬
interest to be in a multiple of y4
gon "Herald" at the option of the

ousing project for veterans in
e
City.
For the prompt payent of the

of

principal and interest

said

n

notes, the full faith and
redit of the Authority will be
ledged and the payment of the
rincipal of and interest on the
otes

will

be

ancial

shall

of

a

Contract

for

solely

bids

Nov.

n

until

30

for

10

lien

1,

ec.

Daley,

receive

and

$1,000.

sions

$200,000

963.

1962, and $325,000 in

The

bonds

form

coupon

be

registered

or

.

issued

and if issued in coupon form

orm,

ill

will

be

exchanged for bonds in
egistered form at any time upon

pplication of the
f

% of 1%;
shall

period

be

at

as the
determine to

may

the

on

con¬

ordinance,

No. 100 of the

being
Village.

Ordinance
Bids shall
the unquali¬

be conditioned upon
fied opinion of Miller,'

Canfield,
Detroit, ap¬
proving the legality of the bonds.
Paddock

The

&

cost

Stone of

of

such

multiple

any one
rate only,

lard,

Village

Clerk,

will

sealed bids until 8 p.m.

receive

(EST),

on

Dec. 7 for the purchase of $61,000
interest general

not to exceed 4%

he City in New York City, Chi-

obligation

at the office of the City

or

The

reasurer.

bonds

will

be

warded to the bidder whose bid
roduces

the

lowest

interest

follows:

as

$20,000 Fire Apparatus bonds. Due
$2,000 Nov. 1, 1950 to 1959.

cost

,20,000 Municipal Building bonds.

the

Due

City to be determined by
omputing, at the rate or rates

o

ecified

in

such

bid,

the

cou-

ons on

maturity after deducting

„

the bonds from their date,

their

:

herefrom the premium offered, if

No proposal for less than
for the purchase of less

ny.

par

nor

than all of the bonds will be

sidered."
upon

con¬

Bids shall be conditioned

the

unqualified

opinion
Paddock

of

Miller,
Canfield,
Stone, of Detroit, approving the
legality of the bonds. A copy of
their opinion as to the legality of
the bonds will be furnished to the

successful bidder without

charge,

prior to the delivery of the bonds.
The City shall pay the cost of
printing
and »- delivery •* of
the

bonds.)

$2,000

Dated Nov. 1, 1948.
tion $1,000.
Rate of

upon

all the tax¬

property therein, such ad
as

va¬

be necessary
to pay the principal and interest
thereon, without limitation as to
rate

or

may

amount.

The

bonds

and

!

are

upon, unqualified opinion of the
purchaser's attorney to be secured
at the purchaser's expense.
Bonds
will be delivered without expense
to

purchaser, at the office of
the Village Clerk, or such other
place as may be mutually agreed
right is reserved to
reject any or all bids. Enclose a
certified

for

2%

of the

par

value

of

the

bonds, payable to the City.

and are to be issued pursuant to
the provisions of Chapter 25 of the

Dexter, Mich.
Offering — Homer Haworth, Village Clerk, will receive
sealed bids until 7 p.m. (EST) on
Dec. 1 for the purchase of $48,000
not to exceed 3Vz% interest water

supply ' and
revenue

distribution

coupon

bonds.

system
Dated

Sept. 1, 1948.
Denomination $1,000.
Due Sept. 1, as follows: $2,000 in 1952 to 1959, $3,000 in 1960
to 1963, and $4,000 in 1964 to 1968.
Bonds are subject to redemption
on
or

Village

numerical

order

at

par

value

bond called for redemption on

or

prior to Sept. 1, 1955, $20 on each
bond called for redemption there¬
after but on or prior to
Sept. 1,
1960, $10 on each bond called for
redemption thereafter but on or
prior to Sept. 1, 1965.
No bonds
less

than

-

the

entire

issue

then

outstanding, shall be called for
redemption at any time prior to
Sept. 1,' 19551
Principal and in¬




for

Village

Charter.

The

Village

is

Blue Earth

County Consolidated

School District No. 146 (P. O.

Offering

Frederick J.

—

Bestmann, District Clerk, will
ceive

sealed

(CST)

Nov.

on

chase of

bids

until

29

re¬

p.m.

the

for

8

in

1951

of

dates later than Jan.

1, 1959, will
each be subject to redemption at
the option of the District oh said
date

and

date

thereafter,

crued
of

interest

any

at

interest,

serial

in

and ac¬
inverse order
par

Principal and
any suitable
company designated

trust

or

payment

numbers.

payable

at

by the successful bidder. Bidders
required

are

interest
of

to state the

rate

in

rates

or

1/10

or

desired

multiple

of

will be made within 30

acceptance

bid.

of

authorized

were

series

Bond

be

produces the lowest interest cost

receive

Village, to be determined

a

check

or

Offering

Laughlin,

the

election

Enclose

Ironton,

awarded to the bidder whose bid
to

bonds
certi¬

bank

for; $4,000, payable,to the
District Treasure**.

The

will

the

at

26.

days after

These

draft

thereon, without limi¬
each

Village

sealed

A.

Mc¬

Attorney,

H.

will

—

bids

until

8

p.m.

(CST) on Dec. 7 for the purchase
$16,500 bonds, divided as fol¬

by computing, at the rate or rates
specified in such bid, the total

lows:

$7,500

pons on

the bonds from their date

to their

maturities, and deducting
therefrom any premium. No pro¬

a

price of less than their
be

considered.

par

Bid

Stone, of Detroit, approv¬
ing the legality of the bonds. The
cost of such legal opinion will
be paid by the Village.
The pur¬
chaser shall at his expense furnish
bonds for execution.
Bonds will
be delivered at Detroit.
Enclose

2%

of

or

the

bonds

bid

cashier's check for

principal amount of
payable to the

upon,

Village Treasurer.

Ontonagon\, Mich.

These

ceive

Village

sealed

(CST)

.

Clerk,

bids

will

until

4

G.
re¬

p.m.

Dec. 6 for the purchase
of $45,000 not to exceed 3%. in¬
terest

on

water

Dated Dec.

plant

coupon

bonds.

1, 1948. Denomination

$1,000. Due $5,000 Dec. 1, 1949 to
1957. Principal and interest (J-D)
payable at the Village Treasurer's
office.

Rate of interest to be in

multiple of A4

of

1%.

a

The. in¬

terest rate for each coupon period
on

any

rate

one

only.

authorized

were

election

on

Nov. 2.

bond shall be at

one

The bonds will be sub¬

such

bank

trust

or

County. The opinion will state
our opinion that said
are valid and
binding gen¬
eral obligations of the
County, in

limitation

levied

to

as

rate

date

These

County (P. O.
Rochester), Minn.

Bond

Offering

Underleak,

be

receive

L.

County Auditor, will

sealed

bids

of

vote

check

check

all

de¬

bank

or

draft

$15,000,

until

2

of

p.m.

(CST) on Dec. 8 for the purchase
$750,000 hospital coupon bonds.
1948. Denom. $1,000.

of

H.

interest
1%

of

p.m.

will

for

thereof

the

to

be

callable

on

Dec.

1, 1959, and on any subse¬
quent interest payment date. The
bonds may be registered
as to
only

tor.

Rate

of

on

books

to

be

the County Audi¬
interest

to

be

in

terest

No

bids for less than par and ac¬

crued interest will be considered.
All

bids

must

$500,

are

fund$ in said

first

Fund,

on

all

out

pay

of

said

annually,

the in¬
outstanding bonds

the presentation of the cou¬
belonging thereto, and any
funds remaining shall be
applied
to the payment of the principal
and
to the
redemption; of the
bonds in the order of their regis¬
upon
pons

tration.

The

for not
with

less

at

bonds
than

and

the

will

be

their par

interest

accrued

delivery
state

all

to

sold

value

date

bidders

of

must

lowest, rate of interest

which

bonds

at

reserves

they will purcfrase the
par. The City -Council
,the right to reject, any

and all bids ahd to sell the bonds
at

private sale. Enclose

checks for

Bank

certified

a

$18,500, payable to the

above Clerk.

are requested
designate in their bids the price
they will pay for bonds bearing

Lincoln

County School Districts
(P. O. Libhy), Mont.
T

at

rate,

a

three

not

more

rates,

like¬

or

different

Bond

Offering—Alice

Winfrey,

wise to be designated in their District
Clerk, will receive sealed
bids; provided, however, that each bids until 8 p.m.
(MST) on Dec.
interest rate so designated shall
15 for the purchase of $260,000 hot
be an even multiple of
of 1%
that

all

maturity
the

the
&

the

same

interest

bear
The

rate.

same

furnish

of

bonds

shall

Board

to exceed 6% interest construction

at

bonds, divided

will

legal
opinion
Trauernicht, of

Amortization

purchaser
1949.

pay

will

bonds

on

be

before

or

Enclose

to

made

Jan.

certified

a

cashier's check for $3,000,
to the Board of Curators.

21,

entire issue

or

payable

1,
be

house

bonds.

bonds

will

be

the

sold, the
be put into
or divided

Dated

are

the

of

amount

$1,000

each, except the eighth bond
which will be in the amount
of $1,250.

The

will become

sum

of $8,250

payable

on

15, 1950, and the sum of

serial

second

issued and sold they will
in

be

March

and

If serial bonds

date of issue.

of

choice

the
Board.
If
amortization
unconditional, of
except as to legality which may bonds are sold and issued, the
be made conditional upon the ap¬ entire issue may be put into one
proving of Faegre & Benson, of single
bond
oy
divided
into
Minneapolis,, whose opinion as to several bonds as the Board may
legality must {be accepted by tfip determine upon at the time of
purchaser. Tfre only basis of com¬ sale, both principal and interest
parison of bijds will;,be that the
(M-3) to b,e> payable in semi-an¬
bid' offering the lowest net in¬ nual installments during a period
.

may

bond

principal and interest
(J-J) to be payable in semi¬
annual installments during a
period of 20 years from the

Jan.

$8,250

will

become

same

be

.

be

serial'

both

purchase

choice

first

will

and

several
bonds, as the
Board of Trustees may deter-'
mine upon at the time of sale,

1949. Amortization bonds will
the

■

into

.

the

single

one

County (P. O.
Miles), Mont.
BondL Offering — J. F. Doyle,
Clerk of the Board
of
County
Commissioners, will receive
sealed bids until 10 a.m. (MST)
for

bonds

choice

-

bonds.

4

bonds arfc issued and

MONTANA

16

No.

School Board. If amortization

the

Custer

Dec.

follows:

bonds the second choice of the

'

on

first

the

for the print¬
ing of the bonds. The delivery of
the

as

Dist.

$165,000 Sch.

of
St.

court

of the entire issue.

shall

District

$175,000 not to exceed 6% interest

or none

of

become1 due

same shall
by the City Treas¬

when there

urer

the

multiple of 1/10
for all

amount

Will

for; provided that the City Treas¬

a

rate bids

or % of 1%. Split
permitted. Bids must be

the

bonds

District Fund, against which said
bonds are issued available there¬

to

$50,000 Dec. 1, 1950 to 1964.
maturing on'Dec. J, 1960

thereafter

in

redeemed

urer

Bonds
and

Dec.

and each and all of the

be

Dated Dec. 1,
Due

sealed^
on

payable on Jan. 1, 1&57, pro¬
vided, however, that said bonds

of St. Louis. Bidders

than

(MST)

and

each

of

be

and

J.

plus

Boatmen's National

interest

R. P. Abbey,

receive

provement District No. 649 bonds.
Dated Jan. 1, 1949. Bonds Nos, I
to 150 will be in the amount of

remaining life of the bonds so
called; provided that'the premium
in
no\ case shall exceed 2 %%;.
Principal and''interest
payable
the

will

$1,000, and Bonds Nos. 151 to 222

bids; c/o

fraction

the

purchase of $180,000 not
to exceed 6% interest special im¬

maturing in
1968, in inverse numerical
order, on Nov. 1, 1953, or on any
interest payment date thereafter
prior to maturity, upon the giving
of such notice as shall 'be agreed
upon by and between the Board
and the original purchaser of the
bonds. Bonds so called in prior to
maturity shall be redeemable at

or

to

6 for the

1954 to

year

certified

payable

—

Clerk,

bids until 8

pay and redeem bonds

premium

$1,750,

bonds at

a

''

City

Fields, Business Manager, Parker
Hall, Rolla, until 11 a.m. (CST);
on
Dec. 10. for the purchase of
$136,000 dormitory revenue bonds.
Dated Jan. 1, 1949. Denom. $1,000.
Due Nov. 1, as follows: $5,000 in
1951 to 1967, and $51,000 in 1968.
The right, however, shall be re¬
served to the Board to call in,

accrued

sell the

Enclose

Great Falls, Mont.

Rolla), Mo.
Offerings-Leslie

and

to

Bond Offering

Cowan,
Secretary Board of Curators, will

par

for

at

University of Missouri (P. O.,

sealed

re¬

right to reject any and

sale.

*'

MISSOURI

receive

of in¬

The Board

above Clerk.

payable to the County.

Bond

rate

they will purchase "

par.

bids and

check

cashier's

for

the

private

within

Nov. 2, by

or

bonds at

serves

11,607 to 4,712. Enclose

certified

a

on

par

bonds

delivery and all bidders

the

authorized

were

election

Louis, and will

Frances

—

bonds

the general

of

must state the lowest

terest at which

purchaser

at

The

value with accrued interest to

par

amount

or

numbers,

first

interest.

without

The bonds will
the

numbers

accrued

will be sold at not less than their

thereof,

all of the taxable property
within the territorial limits of the
to

indemnifying

lowest

and

upon

County."

their

of

the

payable as to both principal and
interest .from ad valorem taxes

be

be redeemed

may

prior to maturity in whole or in
part, but if in part only in order

part "in

may

1, 1954,

on any due date from
and after
five years from date of issue and

bonds

which

become

1950, and a
day of

same

bonds, whether amortization or
serial which mature on and after

the

accordance with the terms

will

1,

the

on

year thereafter until all of
bonds have been paid. The

March

furnished without cost to the suc¬
cessful bidder. These bonds are
direct and general obligations of
in

bonds

March

on

amount

each

company

der. The printed bonds and the
approving opinion of Faegre &
Benson, of Minneapolis, will be

Charles

Olmstead

serial

payable

suitable

and

hall repair bonds.

bonds

at the general

maintained by

Offering—Dorothy

Aubrey,

purchase bonds.

2,000 village

principal
Bond

equipment

bonds.

be

dock &

certified

fighting

7,000 truck

conditionad upon the unqualified
opinion of Miller, Canfield, Pad¬

a

fire

value

shall

said

the

designated by the successful bid¬

at

Minn.

of

dollar value of all future due

cou¬

continue

like

to

cashier's

bonds

to

deemed

coupon

as follows: $8,1956, $10,000 in
1957 to 1961, $12,000 in 1962 and
1963, and $13,000 in 1964 to 1969.
Bonds
having
stated
maturity

000

or

amount.

if

and

expedient. Prin¬
cipal and interest payable at any

$1,000. Due Jan. 1,

fied

or

bids

they will be in the amount of
$1,000 each, the sum of $8,750 of

pur¬

$200,000 building

levy upon1 all > taxable property
therein, such ad valorem* taxes ' as
may be necessary to pay the bonds
rate

sale

bonds. Dated Jan. 1, 1949. Denom.

Oct.

to

all

or

a

Clair), Minn.
Bond

on

as

of 20 years from the date of
issue.
will be. If serial bonds are issued and sold
ma¬

days from date, of sale, or at
the purchaser's option thereafter.

MINNESOTA

held

any interest payment date on
after Sept. 1, 1949, in inverse

thereof and accrued interest plus
premiums as follows: $30 on each

the

(total interest to

turity less any.premium)
deemed the most favorable. The
Board of County Commissioners
reserves
the right to reject any

livered

authorized and required by law to

will

Bond

to

check

terest cost

30

bank

all of the bonds of any series, or at

check

cashier's

or

$2,250,. payable
Treasurer.

interest

State.

certified

The

upon.

posal for the purchase of less than

a

the

interest

exempt from all taxation in the
Enclose

any pre¬

Bids shall be conditioned

Denomina¬
to

maturity,

deducting therefrom

mium.

from

(M-N)

tation

able

to

bonds

1%. The District
payable at the De¬ will, furjiish ; the printed bonds
troit
Trust
Co., Detroit. These and the approving legal opinion
bonds are general obligations of, of
Faegre & Benson, of Minne¬
the Village, as authorized
by a apolis, both without cost to the
special election held on Oct. 4, purchaser, and delivery thereof
terest

and interest

lorem taxes

1950

be in multiple of xk of 1%.
The
interest rate for each coupon pe¬
riod on any one bond shall be at.
one rate only.
Principal and in¬

named in

by law to levy

1,

41,000 Drainage bonds. Due Nov.
1, as follows: $4,000 in 1950 to
1958, and $5,000 in 1959.

The, bonds .will be de¬
livered in New. York City,, or in
Chicago, upon payment of amount
proposal and of interest
on
principal -accrued to date of
delivery. These bonds will be the
general obligation
of the
City
which is authorized and required

Nov.

1959.

total

liar value of all future due

bonds, divided

coupon

the

on

their date to the date of

printing the bonds shall be paid
by the Village. Enclose a certified
check for $960, payable to the Vil¬
lage Treasurer.
;

rincipal and interest (J-D) payble at the current official bank of
ago,

coupons

opinion and of

Crosse Point Woods, Mich.
Bond Offering—Philip F. Al-

The

the total dollar value of all future
due

or

on

one

improvements,

advisable, but only

ing

The interest rate for

ch payment
ond

Rate

owner.

ates of interest to be in

and

ditions expressed in the authoriz¬

in

$475,000 in 1950 and 1951,
75,000 in 1952, $125,000 in 1953,
75,000 in 1954 to 1956, $150,000
to

be

Due

949,

1957

a

revenues

only to payment of ex¬
of operation and mainten¬
Additional bonds of equal

Village Council

in¬

inverse

Village, to be
determined by computing at the
rate or rates specified in such
bid,

with plans and
specifications,
after completion, for exten¬

ance

(EST)
purchase of

follows:

as

are

more

in

interest cost to the

with the bonds of this
issue may be issued for full com¬
pletion of the project in accord¬

,000,000 not to exceed 4% inpublic utility street railay, Series J. bonds. Dated Dec. 1,
Denomination

distribution

such

or

date

der whose bid produces the lowest

standing

rest

948.

all

on

one

bonds will be awarded to the bid¬

the

subject

a.m.

the

and

first

ance.

Bond Offering—John N.

aled

of

any

numerical order at the par value

payable

are

revenues

on

payment

thereof and accrued interest.

obliga¬

system of the Villqge, and

:

will

the

terest

only.. The

Fi-

Mich.

Controller,

Village but

Village

bond

one

general

a

supply,

penses

ity

any
rate

one

not

from

water

on

the

between

MICHIGAN

at

are

tion of the

uthority and the Commonwealth.

Detroit,

period

be

bonds

guaranteed by the
pursuant to the

Assistance

1%. The interest rate for each

coupon

mmonwealth

rovisions

.

terest

day each year thereafter

until

paid.
"

of

payable

on

bonds

such

the
are

The bonds will be re¬

deemable
terest

v

all

in full

on

any

in-

payment date from and

after 10 years. Enclose a certi¬
fied check for $8,250, payable
to

the above Clerk.

95,000 Libby High School Build-

54

(2274)

THE

COMMERCIAL

ing Dist. bonds. Amortization1 ity to* the successful purchaser
bonds will be the first' choice
purchasers without charge.
and

serial

choice

bonds- the

of

the

School

bonds are is¬
sued and sold the entire issue

bonds
tees

put

into

one

divided into several'
the

as

Board of Trus¬

determine

may

upon

at

the time of sale, both
princi¬
pal and interest* (8-J) to be
payable" in semi-annual in¬

Miller,

Brown,

Clerk,

will receive sealed
bids until 8:30 p.m. (EST) on Dec.
7 for the purchase of $42,000 not
to exceed 6% interest
coupon or

registered bonds, divided as fol^
lows: Dated Dec. 1, 1948. Denomi¬
nation $1,000.
The bonds stated'

the

amount' of

"

the fifth bond

in

the

sum

of

$4,750

must

state the lowest

terest at which

rate

of in¬

they will'purchase

the bonds of each issue at
par. The
Bbard of Trustees reserves the

right- to reject
and-to

sell

any and

the

bonds

at

all- bids
private

sale; These are" the bonds author¬
ized at the election held'on'Oct; 2.

least" amount

of

bonds, the bonds to be accepted
being those first maturing, and if
two

or

more

cept* the

bidders offer to

ac¬

least amount^ then
offering to pay
therefor the highest price;
The
purchaser must also4 pay an
to

the

same

bidder

amount equal to the interest on
T"
(These are the bonds originally' the bonds accrued to the date of
offered" for sale on Nov. 15, and payment of the
purchase price.

not

sold.)

The successful bidder will be fur¬
nished with the opinion of Haw¬

NEW HAMPSHIRE

kins,

Delafield

York

City, that the bonds are*
and legally
binding obliga*-

&

■

.

-y*

■

■

Manchester

Housing Authority,
New Hampshire'

Note

Offering — feo G. Riel,
Secretary, will receive sealed' bids
until 10 a.m. (EST) on Dec. 1 for
the purchase of $2,681,000 tempo¬
rary loan notes.
Dated' Dec. 15,
1948. ^ Due Nov.
15; 1949.
The

proceeds of the notes will be used
to pay

expenses incurred or to be
incurred in the development of a
low

valid-

tions of the

tified

City.

Wood, of New

Enclose

a

cer¬

cashier's check for $840,
payable to the City.
or

Bond
swer,

N. J.
Offering—John K.

Gold-

Borough Clerk, will receive

sealed bids*until 8 p.m.
(EST) on
Dec. 8 for the purchase of
$43,000
not to exceed 6%
interest cou¬

rent

,

irtterest^on

said'

notes

the

full

faith and credit of the Local Au¬

thority will be pledged and the
payment of the principal of and
the interest on the notes will be
guaranteed by the Static pursuant
to. the previsions of a- Contract
for

Financial Assistance between

the

Authority and the State.

validity of- the notes and'

The

any

1,

1954

in

Due

1952 and

Dated Dec.

interest"

date

.Denomina¬

acceptable

complying
and

with

of

•

to

1975.

the

offering to

43,000 water works improvement
series 430 bonds. DUe Dee: 1
follows: $2,000' in 1949* t

ac¬

as

of

1,

by puoncatibift

Hawkins,

i,

least

same

$12,000' in 1949
1958, $15,000 in 1959 to
1964V $16,000 irt 1965 to 1969,
$18,000 in' 1970 to 1978, and
to

check

for

$4,000,

payable' to
Board of Education.

Bright, N.

$1,000.

series

V

must

consider

constituting
bonds.
must

a

Each

the

single;

proposal

bonds

115",000

issue

J.

stated

be borne

by the bonds bid for and
the rate named must be a
multiple
of 1/20 of 1% and must be
the
same

state

terest

will

cf
be

der.

be

The

furnished with the

bidder

in

bid

for

terms of

sale

to

the

same

irt'1954, $47,000 in 1955, $49",-

pay

an

terest
date

of

12,000

street

442

bonds.

follows:

,

1950,

.

least

will

be

opinion

of

bonds.

e n t,
$1,000

Due

assessment;
Due

$2)000

and

in

$1,000

1,

1949

in

1958.

22,000

series

Dec.

as

and

1951'

to

-

sewer

assessment,

series

443 bonds. Due Dec.
1, as fol¬
lows $3,000 in 1949 and
1950,
artd $2,000 in 1951 to

**

1958.,

19;000

street

assessment, series
$2,000 Dec. 1,

444 bonds. Due

to

1957'

and

*

-1958.
.

the

.

series
bonds. Due $1,000 Dec.
1,
1949 to 1954.

1949

bidder

with

440

441

,

payment of the purchase
successful

$58,000' irt

Dec. 1, 1949 to 1953. *
6,000 sewer assessment,

price.
The

artd
1958.'

.

series

equal to the in¬
the bonds accrued to the

furnished

1956,

Dec. 1, 1949 tp 1962;
'5,000 general improv em

amount

on

in

14,000 general improvement
series 439 bonds. DUe
$1,000

amount, then to the bidder offer¬
ing to pay therefor the highest
price. The purchaser must also

$20,920, payable to the

10C

1955, $4 000 irt 1956; $6,00"
1965; and* $2",000* irt

1957 and

complying with the
and offering to ac¬

accept

Dec

Dtier* Dec. 1/
follows: $35,000 in 194ft5 to
1952, $44,000 in 1953, $46;000

.

offer

Due

$5:000 in

1957 to

000

amount of

valid and legally
binding obliga¬
tions of the City.
Enclose a cer¬
tified or cashier's or treasurer's

Bonds*

improvement,

than $46,000. As

bonds, the bonds to be
accepted being those first matur¬
ing, and if two or more bidders

436

follows;

as

as

cept for the amount bid the least

opinion of

*

series 438 bonds

""

the

to the bidder

will

u

1966.

than

nor more

1949; arid $18,00

2,000 general improvement
series 437' bonds-.- Due
$1,0
Dec. I, 1949 and 1950:
430,000' general

legally acceptable pro¬
posals specifying the same rate of
interest; the bonds will be sold

Reed, Hoyt & Washburn, of New
York
City, that the bonds are

for

l;

between

delivery.
No in¬
paid upon the de¬

successful

amount

the

$45,000

purchaser must pay aecrued
interest from the date of the bonds
date

series
to

acceptable
proposal
must

Each

in

'

legally

any

follbws

as

95,000'general imprdvemeri

proposal

bonds, which shall be not less

for all of the bonds bid for.

the

in

proposal.

The
to

no

series "43

■

Dec.

bear, and

$11,000

in 1950 to 1958.

will be considered which
specifies
a rate
higher than the lowest rate

the rate of interest to

name

to

are

equipment,'

equipment;
series'
bonds. Due Dec. t, "as follows

.

must specify in a
multiple of % or 1/20 of 1% a
single rate of interest which1 the

bonds

$TO0

71,000

Each: proposal

of

Due

$19,000 in 1949; $20)000' l
1950, $23,000" irt 19MV $2$r
in' 1952, arid'
$25,009 in IT

-

ough Collector-Treasurer's office;

submitted

bonds.

bonds. Due Dec. IV

the

irt I960 to 1962.
Principal and
interest (J-D) payable at the Bor¬

as

433

Dec. 1, 1949 to 1953.

'

1, as follows:
$3,000 in 1949 to 1959, and $4,000

(M-N) payable at the Clifton Na¬
tional Bank,
Clifton,' or, at the
option of the holder, at the Bank¬
ers
Trust Co., New York
City.
In bidding for the
bonds, the bid¬
ders

Due

Due Dec. 1

5,000 water works improvement

Bond Offering — Henry Ren*
bonds.
Due Nov. r, as fol¬
shaw, Borough Clerk, will receive
lows: $19,000 in 1949,
$2O;O0O^
sealed bids until 8 p.m.
in
1950
to
(EST) on
1953, $17,000 'in
DeCc:3 for the purchase of
1954 to 1958; $16,000' in 1959
$45,000
not to exceed 6% interest build¬
to
1963, $15,000 in 1964 to
1973, and $9,000' in 1974 to ing coupon or registered bonds.
Dated Dec. 1, 1948.
1978.
Denomination

Dated Nov. 1, 1948.
Denomina¬
tion $1,000.
Principal and interest

improvement

$2,000* in 1949 t
1965, and $1,000 in*1966.
7,008 water works improvement
series 432 bonds. DUe
$1, "
Dec. 1, 1949 to 1955.

1

Sea

improvement

works

follows:

as

Valid and' legally binding obliga¬
tions of the Board of Education.
Enclose a
certified or cashier's

Due Nov.

as follows:

$15,000 in 1977.
459,000 g e n e r a 1

the

series 432 bonds.

Delafield' & Wood, of
City, that the bonds are

New York

1952, and- $16,000' in-19531
431.000 school bonds.

accept

1968, and $3,000 irt 1969:

35,000 water

price; The successful bidder will
be* furnished1 with the
opinion of

^ r

v

to'

Due Dec.

follows: $2,000 in 1949*
1958; $3,000 in 1959* to 1U
$2,000 in 1967 and
1968; $3;
000 in 1969,
$2,000'in 197(1'
1973, and $3,000 in 1974 aft

pro*--

same rate

amount, then to the bidder offer¬
ing to1 pay therefor the highest

beginning with
1953/ after notice

Dated Oct. 1, 1948.

1953.

series 429 bonds.
as

cept for the amount bid the least

pay¬

Dec.

1, 1948.

bidder

amount

being

Maywocd School District, N. J.
1, as fol¬
Bond
Offering — William
lows: $3,000 in 1950,
J.
$1,000 in
1953, $10,000 in 1954 and 1955, Culdy, District Clerk, will receive
sealed bids until 8 p.m.
and $8,000 in 1956.
(EST) on
Dec. 8 for the purchase of
"7,000 Emergency Housing bonds.
$425,000
not
to
exceed
Due Dec. 1, as follows:
6%
interest
$1>school coupon or registered
000 in 1949 to
bonds.
1951, and $2,000
bonds.

the

terms of sale

76;000 water bonds DUe Nov. f,
as follows:
$1'5,000; in-1949' tb

housing project located pon or registered bonds, divided
City and/or to refund out¬ as follows:.
standing notes issued in connec¬ $4,000 'Street Assessment bonds. cheek
Due Dec. 1, 1950.
tion:' therewith. For the
City.
prompt
32,000 General Improvement
payment' of the principal of and
in the

legally

posals specifying the

bonds payable on

posit made by the successful bid¬

Carlstadt,

between

di¬

offer

Nov.

complying with the terms of sale
and
offering to accept for the
the

65,000 water works improvemen

bonds,

interest, the bonds will be sold

Nov.

on

given

.

bid

the

bonds, the bonds to be
accepted being those first matur¬
ing^ and if two or more bidders

ment

become

amount'

for

City,

on

of each issue will be sold for not
less than their par value with ac¬
crued' interest,
and
all bidders

The

after

bid

redeemable at par, as a whole
or in part, at the
option of the

$i;000) except* interest (J-D) payable at the
City
will be'
Comptroller's office.
Each pro¬
of $750The' posal must
specify in a multiple
will

bonds,

amount

which shall not be less than- $200,000 nor more than
$201,000.
As

follows-

1958.
or

of V\ or 1/20 of 1% a
single rate
Jan. 15'. 1950, and' of interest which the bonds are
to
the sum of $4,750 will become'
bear, arid rto proposal will be con¬
payable on the same day each* sidered
which
specifies a rate
year thereafter until all of
higher than the lowest rate stated'
such
bonds
are
paid.
The in any
legally acceptable proposal.
bonds will be redeemable in
Each
proposal
must
state
the
full on; any interest' paymentamount bid for the
bonds, which
date from and after 10 years.
shall not be less than $42,000 nor
Enclose a certified check for
more* than $43,000.
As between
$4,750, payable to the above
legally acceptable proposals speci¬
Clerk.
fying the same rate of interest, the
Dated Jan. 15, 1948. The bonds bonds will be sold to the bidder

payable

the

$80,000 emergency housing bonds.
Due $8,000 Nov.
1, 1949 to

which

amount

registered

or

as

Monday, November 29, 1

stated in arty legally acceptable
proposal. Each proposal must state

A.

a m

Clerk* will receive

City

coupon

vided

stallments during a period^ of in
combination will mature Dec.
1,
20 years
from> the date" of as follows:
$4,000 in 1949 to 1952,
issue.
If serial bonds are is¬
$5,000 in 1953 to 1956, and' $3,000
sued and sold they will - be in* in
1957 and' 1958.
Principal and

'

CHRONICLE

sealed bids until 8:30 p:irt;
(EST)
on Dec. 7 for the
purchase* of $T,->
046,000 not to exceed 6% interest-

Bridgeton, N. /.
Bond Offering—Ivan F.

single City

FINANCIAL

Clifton, N. r.
Offering — W i 11 i

Bond

NEW JERSEY

Board.

If amortization

may be
bond or

or

second

&

$l;000
"•

-

in

-

Dated Dec. 1, 1948. Denom.
000: Principal and
interest

& Wood, of
$lr(J-D)
City, that the bonds
payable at the City
are valid and
Treasurer's,
legally binding obli¬
office,-or at the' option of,
the,
gations: of the Borough: Enclose &
holder, af the Broad' Street' Na¬
certified
or

Hawkins,

New

Denomination

$1,000.
Due Oct. 1, as follows:
$20,000 in 1949 to-1963, and, $25;-

Delafield

York

-

cashier'^

check,

for

of said tion
tional Bank of Trentbrt.
$1,000;
Principal
and
in¬ 000 in
Each" pro- ^
1964 to 1968;
Contract for Financial Assistance' terest
Principal- and' $900; payable' tof the Borough;
posal must" specify in
(J-D)
payable
at
the
almultipleinterest
willi ber approved by
(A-O)
payable at the
of % or 1/10 of
Rutherford- National
Caldwell,,
1%. a single rate.
Bank, Carl¬
Trentori/ N. f.
Bergen
County National Bank/;
l&arshall, Trimble & Mitchell of. stadt;
of interest which.
Each proposal submittedthe bonds are¬
Hackensack.
Each proposal must V^Bbnd Offering—Charles I. Mil¬
Nfew York City,
te bear; and' no
and; a copy" of must name the* rate of interest to
proposal will': be
lers-City Comptroller;, will re¬
Such attorney's
opinion' will bC1 be borne by the bonds bid-for and specify in a multifj|frwbf^V or 1/20
considered' which specifies
rata
of. 1% a single Mf^^of/interest ceive sealed bids until 11 aattl
furnished*.by the Authority to* the the rate named must be a
higher than the lowest* rate
multiple which the bonds
staffed,
successful purchaser or
areVtefeear and (EST) on Dec. 2 for the purchase irt any
purchas¬ of 1/20 of 1%, and must- be the
Ifegally acceptable proposal
no'
ers without
proposal Will be' tfdngWfefed of $1,217,000; not to- exceed 6%iny Each'
same for all of' the
charge.
bonds bid/ for.
proposal, must state rthe.
feiest coupon or registered4 bonds;
which specifier a rate
highetTfran '
The purchase price
amount bid- for the
Nashua Housing:
specified-im the lowest
bonds, whifeh
Authority, N\ H. the
rate
stated inuany- divided as follows:
shall be not
proposal must not be less than*
les$ than $1,217,0(90:
Noto Ofifferittg^-Aarort A. Hark$132,000 e m e r g e n c y housing nor more than
$43,000 nor more than* $44',000. In legally acceptable proposal:
$i;2i8;000: As be¬
The
V. series 425
away;
successful
bidder will
Chairman;
will
receive
be
bonds. DUe DOe: 1, tween
selecting the proposal to* be' ac¬
legally acceptable, proposals
sealed bids until If) a.m.
furnished- with
the
as follows:
(EST) on cepted the
opinion of
$5;OO0 irt 1949* to- specifying, the same rato
Borough Council will
of J»Dec. l fOr the purchase" of
vHawkins^ Delafield & Wood; of
1969, $6,000 in 1970, and $V
$1,233,- not
consider
terest^ the bonds will be* soRl tor
proposals
which New
Odd! temporary loan notes. Dated
York City, that the bonds
000; in 1971 to 1978: Bonds the bidder
name
a
rate
of interest
higher are Valid and
complying with the.
Dec. 15; im Due Oct. 31, 1949.
legally binding oblimaturing in 1954 to 1973; will terms of sale and
than the lowest rate named
in any
The proceeds of the notes will be
offering to ae- ;
gallons of the Board of EdueatioiL.
/• be subject to- redemption ascept for the amount- bid: the leatst
legally acceptable proposal; and if
used* tb pay expenses incurred or
[
Enclose
a
certified or, cashier's
a whole or in part in the1 in¬
two or more: such?
amount of
proposals name check for.
to be* incurred in the
bondsj the bonds-te be,
verse order
development the lowest,
$8)500,/ payable tb the
of, their maturi¬ accepted being those first
rate, the proposal of¬
maftor—
of a ldw-rertt housing,
Board of Education.
ties at the option of the City
project lo¬
ing, and if two: of more- bidders-;
cated" ih the City and/or to re¬ fering to accept the least amount
at par and accrued5 interestof bonds
offer. to accept the
RSversicte School District' (P. O.
(such bonds being the
same t least
fund- outstanding' notes issued in
on Dec.
first maturing
1, 1953 or any. inter¬ amount, then to: the
bidder oiiet— i
bonds)* will -be ac¬
RivetnS*y± N.
connection
therewith;
For
the
est payment date1 thereafter
cepted, unless tWo or more pro¬
ing to pay therefor the
Bond Offering — William E.
highest
prompt payment of the principal
as provided in the bonds.
posals name the* lowest rate of in¬
Price. The purchaser must also
of atta interest on said
Link, District Clerk, will receive
notes the terest
4,000 water works improvement.
and offer to accept' the same
pay an amount equ^l to-the
sealed bids until 8' p.m.
fuft' &HH and credit of the Local
in-,
(EST) on
series 426 bonds. Due $1,000 terest on
least amount of bonds- in
the bonds> accruedwhich Dec. 6 for the purchase of
Aufteltr will be pledged and event"
to; the ,
Dec. 1, 1949 tb 1952.
$200,000
date of payment .of the
that one of
such; last men¬ not to exceed 4% interest school
the payment of the
purchase,
principal of tioned
50,000 water works- improvement", price.
proposals which offers to. coupon or
•
'
and the interest on the notes will
registered bonds. Dated
series 427 bonds; Due Dee. IV V
The successful bidder will
pay the highest price will be; ac¬ Dec.
be r
be guaranteed by the State'
15, 1948.
Denomination $1,as follows:
pur¬ cepted.
$2,000 in: "1949V to furnished
The purchaser must*
with
the
Due
Jan.
opinion of;
pay 000:
suant tb the* provisions of a Con15; as follows:
1958, and $3,000 in 1959 to Hawkins, Delafield. &
accrued interest from the date of
Wood of.
$10,000 in 1950 to 1957, and $15,000
tmcfifer Financial Assistance be¬
1968.
New York
the bonds to* the date Of
,
.
,
r
City, that the* bondsdelivery. in 1958 to 1965. Principal artd in¬
tween
the. Authority and the The
85,000 water works improvement are valid and
successful bidder will be fur¬ terest
legally binding oh-.
State: The validity of said notes
(J-J) payable at the River¬
series 428 bonds. Due Dec. 1, ligations ofnished with thethe City.. Enclose a*
opinion of Reetft side Trust Co., Riverside. Each
and Of1 said Contract for Finan¬
•"»
as follows:
$8,000 irt 1949' to certified" or cashier's?
Hoyt & Washburn, of New. York proposal must specify iii a* mul¬
check- forcial- Assistance will beapproved City, tKaf the
1957, $4,000 in 1958, $8,000 ih $24,340, payable to the
bonds are* valid arid tiple* of Vs or 1/2D of
Gity. .
1% a single
by Caldwell, Marshall,* Trimble
1959 to 1962, $4,000" in 1988
legally binding" obligations of the rate of interest which the
^ Mitchell of New York
bonds
to 1966V. $3,000 in 1967 and
City, and Borough.
WaUmgtori, N\ J.
't\
Enclose a* certified or are to bear and no
a
^
copy of SUch attorney's opinion
proposal will
1968, $4,000 ill 1969; $3,000/1*1
Bond' Offering ~
cashier's or treasurer's check for
.Jacob Van be; considered which specifies a
Will1 be fiirttished by the Author¬
1970 to 1973, and $2,000 * in
Hook, Borough Clerk, will receive
$860, payable to the Borough.
rate higher than the lowest
rate
1974
,

*

■

,

...

,

4

,

•

-

.

.

.

'

.

.

,

-

-

*

■

.




„

'

.

*

and

1975.

*

Sealed bids until 9"
p.m.

(EST) on"

.Volume 168

THE

Number 4755

.Dec. 6 for the purchase of $20,900
interest build-

of

.not to exceed 6%

nished

New

York

City,, will be^ furpurchaser without

the

to

jing

cost.

iregistered

ier's check for

-1948. Denom. $1,000, one for

certified

the District.

reconstruction
coupon
or
bonds. Dated Dec. 1,
$900.
■Due Dec. 1, as follows: $4,000 ifi
,1949 to 1952, and $4,900 in 1953.
iPrincipal and interest (J-D) payable at the Peoples Bank & Trust

Bond

nutted must

name

$1,100, payable to

Offering

include

to exceed 4%

interest

FINANCIAL

CHRONICLE

above.

registered bonds. Dated
1, 1949. Denomination $1,000.
Due Jan...I, as follows:. $5,000 in

coupon or

and

to the order of the District.

pany

bonds

maturity based
Port of New York Authority, N. Y.
multiples specified
Bond Offering — Sealed bids

the

interest

accrued

to

date

the

of delivery of the interim certifi¬
cates, or unless accompanied by a
deposit of money or by a certified
check or bank draft. upon a sol¬
vent bank or trust company of
Albany, or New York, payable to
the ordeT of the "Comptroller of
State of New York," for at least

will

be

received

until

10:30

a.m.

bonds.

able

Terminal

Marine

$7,000,000

Due in 30 years

after five

and call¬
for sinking

years

for -all of

same

the

1950

\ bonds bid for. The purchase price

Council

.

will

consider

not

pro-

and must be the same for all of the

posals which name a rate of interest higher than the lowest rate
named in any legally acceptable

•
•

to

bonds*

ered;
the

The

on

office

be. deliv¬

will

bonds

about Jan. 3, 1949, at

or

of

..Hawkins, Delafield

proposal; and if two or more such
'-proposals name the lowest rate,
the proposal offering
to accept

& Wood, of New York City, or at

\the least amount of bonds (such

proving opinion of Hawkins, Dela¬
field & Wood, of New York City,

„

bonds

being

two

more

or

lowest

;

first

the

bonds)., will

;

maturing

be accepted, unless
proposals name the

rate of interest

offer

and

to accept

the same least amount
in which event that one
of such last, mentioned proposals
'which offers to pay the highest
J price will be accepted. The pur¬
of bonds,,

such other

place as may be agreed
with the purchaser. The ap¬

upon

without

Enclose

cost.

'

chaser must pay accrued interest
*from the date of the bonds to the
]

date of
1

be

delivery. No interest will

paid

the deposits made

upon

nby the successful bidder. The suc»cessful bidder will be furnished

] with the opinion of Reed, Hoyt &
'

of

Washburn,

City,

York

New

:

that

i

binding' obligations of the
Borough; Enclose a certified or

the bonds

and" le-

valid

are

gaily

f

cashier's

or

treasurer's check for

$418, payable to the Borough.
NEW YORK

Freeport, N.
-

B

o n

Offering

d

Y.

—

Stephen W.

Hunt, Village Treasurer, will receive
sealed
bids until
2
p.m

s
•

on Nov. 30 for the purchase
$250,000 not to exceed 5% in1948, series

(EST)

,
'

of
£

terest electric. system,

■•; J,

coupon

bonds.

registered

or

Dated Oct. 15, 1948.

Denomination

Bond
State

(State of)

Offering—Frank C. Moore,

Comptroller,

fund purposes.

General of the

State,
gality of such bonds
certificates

to the le

as

and interim

their

receive
(EST)
purchase of
$51,450,000 not to exceed 4% in¬
terest housing bonds. Dated Dec.
1, 1948. Bonds will be issued in
coupon form in the denomination
of. $1,000 and in registered form
in denominations of $1,000,
$5,Nov.

30

for

will

the

Ramapo (P. O. Suftern), N. Y,
Bond Offering—Robert W. Nu¬

Town

will

Clerk's

the

bonds

delivery

upon

of

the interim certificates by deposit
in the Bank of The Manhattan Co.,
New York

City.

Niskayuna- U nion Free Sch. Dist.
No. 5 (P. O. Niskayuna), N. Y.
Bond

Offering

Loucks,

District

ceive sealed

—

Raymond

Clerk,

bids at

will

F.
re¬

the office of

'

•

-

Holland f Cold en and Wales Central

the provisions of Sections 1, 2 and
3 of Article 18 of the State Con¬

School District

-

(P.

1

O.

stitution. Chapter 946
of 1939, as amended,

Holland), N. Y.

-

r

No*

Bond Offering—Beverly Beardsell, District Clerk, will receive
[ sealed bids until 11 a.m. (EST) on
Dec. 7 for the purchase of $55,000
.not to exceed 5% interest build-

>

.

-

ing addition, 1948 coupon or regis-*
tered bonds.
Dated Dec. 1, 1948
Denomination $1,000.
ras follows: $2,000 in

Due Dec. 1,
1949 to 1953,

Prin-

$3,000 in 1954 to 1968.

I and

cipal and interest (J-D) payable
at. the Manufacturers and Traders

of the Laws
Chapter. 827
1941, Chapter 278
of the Laws of 1944, Chapters 395

of the

Laws of

411

and

of

Laws

the

of

1945,

Chapter 234 of the Laws of 1946,
and

Section

60

of

the

Fi¬

State

Law, for the purpose of
providing moneys out of which to
make loans to cities, towns, vil¬
lages and authorities for and in
aid of low-rent housing for per¬
sons of low income as defined by
nance

Trust Co., Buffalo. Rate of
to be in

•

multiple of Va

or

interest
1/10 of

1%, and must be the same for all
of the bonds. Bonds maturing in
1902 to 1968, may be called in and

redeemed

on

payment of the par

value thereof and accrued interest
i on
j

any

interest

payment

date

prior to maturity in the inverse
order of their numbers by giving

r

•

.

the notice required by the Local
Finance Law; however, none of
such
bonds shall be
redeemed
.

prior to Dec. 1, 1949.

Said bonds

Bond

Offering

—

O. J. Marlett,

sealed
(EST) on Dec. 3
for the purchase of $100,000 not
to exceed 5% interest construction
coupon or registered bonds. Dated
Dec. 1, 1948. Denomination $1,000.
Due Dec. 1, as follows: $4,000 in
1949 to 1958, and $6,000 in 1959
to
1968.
Principal and interest
(J-D) payable at the Bank of
Jamestown, Jamestown. Rate of
interest to be in multiple of Va or
1/10 of 1%, and must be the same

District Clerk, will receive
bids until 4 p.m.

for

all

the

of

bonds.

The

bonds

ning, reconstruction and rehabili

general obligations of the Dis¬
trict, payable from, unlimited ad
valorem taxes upon real property.

tation of

The successful bidder will be fur¬

law,

for the clearance, replan-

or

'

!

bonds

of

1/10

substandard and insani¬

tary areas,

or

for both such

pur¬

receational and
other facilities, incidental or ap¬
purtenant thereto.
Bidders
may
condition their
bids upon the award to them of
all but no part of the entire $51,450,000
bonds, and the highest
and

poses,

bidder

none"

on

will

for

basis

the
be

the

one

of

"all

whose

or

bid

are

nished

with the opinion o'f

Reed,

of

for

such

other

place

as

may




be

limited

about

Treasurer's office.

bonds

will

delivered

be

to

be

to

(J-J)

interest

at the First Trust and

bid for

the

Prin¬

payable

Deposit Co.,

Said bonds will be de¬
at
such other place as may be agreed
with the purchaser about Jan. 5,
The

1949.

approving opinion of
Sykes,
Heckler &
Galloway, of New York, will be
Vandewater,
furnished
out

the

to

purchaser with¬

Enclose

cost.

a

certified

or

cashier's check for $2,390, payable
to the

Town.

Village,

Bay
Bond

Ohio

Offering—Glen

Gan-

Dec. 6 for the

3%

purchase of $74,600
improvement coupon

street

bonds. Dated Dec. 1, 1948. Denom.

$1,000, one for $600. Due Dec. 1,
as follows:
$6,600 in 1950, $8,000
in

1951, $7,000 in 1952, $8,000 in
1953, $7,000 in 1954, $8,000 in 1955,

$7,000 in 1956, $8,000 in 1957, $7,000 in 1958, and $8,000 in 1959.
Bidders may bid for a different
rate of interest in a multiple of
of 1%. Principal and interest
(J-D) payable: at the National
City
Bank,
Cleveland,
Rocky
Va

River office.

State

from

Printed

The bonds

local

and

bonds

are

free

taxation.

and

Squire, San¬
ders & Dempsey, of Cleveland,
approved opinion furnished to the
purchaser at the expense of the
Village. Enclose a certified check

the

Bond Offering

—

Dec.

for

at

such other
be speci¬

may

No

bid

will

be

accepted for

maturities-

Bidders

sep¬

shall

Enclose

amount of

gross

bond or certified check

a

for 1% of the bonds bid

City

■

Logan ),

3

will receive
(EST) on
purchase of $9,200

Auditor,
the

noon

of

street

said

bonds will

be of the

de¬

O.

Ohio

Offering — Noel North,
of Education, will
bids until noon

Bond

Board

Clerk

sealed

receive

(EST) on Dec. 1, for the purchase
$100,000 6% construction bonds.
$6,500 and $7,000.
Due Jan. 1, as follows: $6,500 in
1951 to 1960, and $7,000 in 1961
to 1965.
Bidders may bid for a

of

Denominations

different

tiple

of interest in. mul¬

rate

Va

of

Interest J-J.

1%.

of

will

bonds

The

be

sold

the

to

highest bidder at not less than par

of

all

upon

and the

bid

for

bid

and

bids

All

of bonds

number

the

state

may

number

or any

issue.

this

of

bonds

must

Bids

interest.

accrued

and

be made

amount of

gross

date

interest to

accrued

The bonds are issued
under the authority of the laws
of the State, and of Section 2293of delivery.

of

the

and

in

accordance with a
the

of

Board

Edu¬

of

These bonds
the general

Enclose

Nov. 2.

on

the

of

Code

General

State,

28

a cer¬

tified check for $1,000, payable to
the Board of Education.

Euclid

Lyndhurst and South
District

School

(P.

O./
Euclid), Ohio

South

Bond Offering—Gail O. Sheats,

Clerk-Treasurer

the

of

Board

of

Education, will receive sealed bids
until 8 p.m.

(EST) on Dec. 7 for
purchase of $900,000 3 % build¬
ing coupon bonds. Dated Dec.
15, 1948.
Denomination $1,000.
Due $19,000 June and $20,000 Dec.
15, 1950 to 1969, and $20,000 June
and Dec. 15, 1970 to. 1972.
Bid¬
ders may bid for a different rate
of interest in multiple of Va of 1%.

the

The bonds

Interest J-D.

able

from

are pay¬

unlimited taxes at the

Board's legal depositary, presently
the Cleveland Trust Co., Cleve¬
The

land.
the

bonds will

highest

bidder

interest

lowest

sued

improvement coupon
bonds. Dated Nov. 15, 1948. Each
3%

School District (P.

Local

Falls

than par and

Harry E. Mer¬

for, pay¬

able to the Village.

election

L.

yard, Village Clerk, will receive
sealed bids until noon (EST) on

urer's

as

the

bids

of bonds

the successful bidder without cost.

resolution

bids until

or

and

cation passed Nov. 3.
were
authorized at

OHIO

sealed

place

All

number

bid and accrued interest to date of

livered at New York, N. Y., or

lin,

office,

value thereof

interest.

the

state

must

Liverpool.

purchaser is Dec. 15, and delivery

and

The bonds will

the highest bidder for

to

accrued

and

Village

the

at

not less than the par

bid

bonds.

the

will be made at the District Treas¬
time

taxes

be sold

Hoyt & Washburn, of New York
City, that the bonds are valid and for $750.
*
binding obligations of the District.
Bowling Green, Ohio
The approximate time when the

figures the lowest interest cost to fied by the purchaser, with the
the
State
after
deducting
the consent of the District Treasurer.
amount of premium bid, if any. Each bidder must, as a condition

arate

$100, payable
:.•/

bonds

nomination of not less than $920.:
precedent to the consideration, of Due $920 May and Nov. 15, 1949
his bid, deposit with the above to; 1953.
Bidders may bid for a
agreed with the purchaser about
certified
or
cashier's different rate of interest in mul¬
state clearly in their proposals the Clerk * a
iDec. 30, 1948. The approving opin(M-N).
The
ion of Wood/ King and Dawson, J amount and price for each $100 check for $2,000, drawn upon an tiple of Va of 1%
will be delivered at New York, or

'at

certified

a

City. ••./

or

on

and must be

1%,

all of

cipal and

"

_

to the

for

,

amount

■

under

Enclose

or

bond

of

date

to

delivery.
Issued under the au¬
thority of the laws of the State,
years.
The Town operates under particularly the Uniform Bond
the Town
Law.
The approving Act and pursuant to Ordinance
opinion of Hawkins, Delafield & No. 161, adopted May 11, 1948.
Wood, of New York City, will be No conditional bids will be re¬
The approving opinion of
furnished to the purchaser with¬ ceived.
Shaffer
&
out cost.
Enclose a certified or Peck,
Williams, of
cashier's
check
for 2%
of
the Cleveland, will be furnished to

same

issued

delivery.

interest

purpose for which the indebt¬
edness is to be contracted is 15

or

published in at least two legally binding obligations of the
printed in New District,
all
the
taxable
real
York City and one in Albany. In¬
property within which will be

be

the

to

gross amount

check

Roy W.

newspapers

will

sold

or

thereof

bonds

the

accrued

The

office.

delivered

be

daily

Said

and

and

of

be

$1,000. Due Oct. 15, as follows: terest shall cease to accrue on subject to the levy of ad valorem
$45,000 in 1949 and 1950, $50,000 bonds called for redemption, from taxes to pay said bonds and in¬
in 1951 and 1952, and $60,000 in and after the date fixed for the
terest thereon, without limitations
.1953. Principal-and interest (A-O) redemption thereof. Principal and as to rate or amount.
The bonds
..payable at the First National Bank interest (J-D) will be payable in will be delivered at New York,
; & Trust Co., Freeport.
Rate of in¬ lawful money at the Bank of The N. Y., or at such other place as
terest to be in mulitples of Va or Manhattan Co., New York City.
may be agreed with the purchaser,
1/10 of 1%, and must be the same The bonds issued in coupon form about Jan.
7, 1949. The approv¬
-for;all of the bonds. The bonds may be exchanged for bonds reg¬ ing opinion of Vandewater, Sykes,
; will
be delivered at New York, istered as to principal and inter¬
Heckler & Galloway, of New York
.N. Y., or at such other place as est. Bonds in registered form may
City, will be furnished to the
may be agreed with the purchaser not be converted or reconverted
purchaser without cost. Enclose a
about Dec. 15, 1948. The approv- into coupon form. Bidder to name
certified
or
cashier's
check for
!'. in# opinion of Vandewater, Sykes the rate or rates of interest which $16,600, payable to the District.
.Heckler & Galloway, of New York the bonds are to bear in a multiple
City, will be furnished to the pur- of Va or 1/10 of 1%. No more than North Harmony Union Free School
District No. 3 (P. O.
chaser
without
cost.
Enclose
one
rate
of
interest
shall
be
Ashville), N. Y.
certified
or
cashier's.. check for named for any single maturity

t

bid fbr
bid

for,
Peters, 514 State Street, payable to the Town.
Schenectady,
until
2:30
p.m.
Salina (P. O. Liverpool), N. Y.
000, $10,000 and $50,000, at the op¬ (EST) on Dec. 2 for the purchase
tion of the purchaser.
Bond Offering — George L.
Due $1,- of $830,000 not to exceed 5% in¬
050,000 Dec. 1, 1950 to 1998.
The terest School, 1948 coupon or reg¬ Traister, Town Supervisor, will
receive sealed bids until 10 a.m.
Comptroller reserves to the State istered bonds. Dated Nov. 1, 1948.
the privilege of redeeming, at par Denomination
(EST) on Dec. 2 for the purchase
$1,000. Due Nov. 1,
and accrued interest, on Dec. 1, as follows:
$40,000 in 1949 to 1962, of $119,500 not to exceed" 5% in¬
1988, or on any interest payment and $45,000 in 1963 to 1968. Rate terest sewer, 1949 coupon or reg¬
date thereafter, all of such bonds of interest to be in a
multiple of istered bonds. Dated Jan. 1, 1949.
then
outstanding, or all of the Va or 1/10 of 1%, and must be the Denomination $1,000, one for $500.
bonds of a single maturity begin¬ same for all of the bonds. Prin¬
Due Jan. 1, as follows: $5,500 in
ning in the inverse order of their cipal and interest payable at the 1950, $5,000 in 1951 and 1952, and
Rate of
maturity, upon not less than 30 Schenectady Trust Co., Schenec¬ $4,000 in 1953 to 1978.
nor
more
than
40
days' notice tady. The bonds will be valid and interest, to be. in multiples of J/4

$5,000 payable to the Village.

be

and accrued interest. All bids
must state the number of bonds

the

and

issue, will

sealed bids until 12.30 p.m.
on

will

Chardon, Ohio
;
Bond Offering — Anna Clause,
;Village Clerk, will receive scaled
bids until
noon
(EST) on 3%
water works improvement bonds.
Dated June 1, 1948.
Denomina¬
sued pending the delivery of de¬ 15, as follows: $10,000 in 1950 to
Due $1,000 April and
finitivebonds.
Such
certificates 1962, and $5,000 in 1963. Rate of tion $500.
will be ready- for delivery on or interest to be in multiple of Va or Oct. 1, 1949 to 1955.
Bidders may
about Dec. 1, 1948. . The unquali¬ 1/10 of 1%, and must be the same bid for a different rate of interest
fied
Interest
approving legal opinion of for all of the bonds. Principal and in multiple of Va of 1%.
A-O.
The bonds are payable from
Nathaniel L. Goldstein, Attorney interest
(J-D)
payable
at the

for
New York

au¬

par

certified

a

bonds

The

regularity of Dec. 15, 1948, at the office of
furnished to Hawkins, .Delafield & Wood, of
the successful bidder upon deliv¬ New York City, or at such other
or
cashier's check for 2% of the
ery of the interim certificates to place as may be agreed upon with
amount of bonds bid for, payable him.
The
successful
bidder
or
the
purchaser.
The period
of
to the Village.
bidders will be required to pay probable usefulness of the object

purchaser

will be furnished to the

the

highest bidder for not less than

gent, Town Clerk, will receive
sealed bids until 3.30 p.m. (EST)
1957; and $6,000 in <1958.
on
Nov. 30 for the purchase of
Principal and interest (J-J) pay¬ 2% of the par value of the bonds $135,000 not to exceed 4% interest
t specified in the proposal must not
able at the Great Neck Trust Co.*
the less than $20,900 nor more
bid for.
No interest will be al¬ incinerator, 1948 coupon oir regis¬
Great Neck. Rate of interest to be
lowed u£Oh the good faith check. tered bonds. Dated Dec. 15, 1948.
;than $21,800. In selecting the pro-;
in multiples of Va or 1/10 of 1%,
Interim certificates will be is¬ Denomination $1,000.
posal to be accepted, the Borough
Due June
be the

inust

:

under

and of the Uniform Bond Act and
in accordance with an ordinance ;
of the City, adopted Oct. 6, 1947,

(EST) oh Dec/7 for the purchase
of

issued

are

thority of the laws of the State,

,,

than

Jan.

55

each

of

upon

amount of

equal face

No bid will be accepted for less
the par value of the bonds

;

1949

sewer

an

bonds

Thomas W.

—

&

bki for; which will be deemed to ] incorporated bank or trust com¬

v

/

1, for the purchase of $46,000 not

the rate of in¬

multiple of 1/20 of 1 % and

a

|

cash¬

re¬
ceive sealed bids until 3 p.m. Dec.

terest to be borne by the bonds!
'i bid for and the rate named must
be

or

Fitzgerald, Village Clerk, will

Co., Passaic. Each proposal sub-

.

a

Kensington, N, Y.

-

•

Enclose

COMMERCIAL

under

rate

be sold to

offering

the

not

less

at

accrued interest. Is¬
authority of the

the

laws of the State and of the Uni¬
form

bonds

Bond

Act.

authorized

election

on

Nov. 2.

These
at

are

the

general
The proceed¬
the

ings looking to the issuance of the
bonds have been taken under the

supervision of Squire, Sanders &
Dempsey, of Cleveland, whose ap¬
proving opinion together with the
printed bonds will be furnished at
the expense of the District. En¬
close a certified check or bond for

56

(2276)

$9,000,

payable

the

to

Clerk-Treasurer of

H.

the

(P. O.

Arthur,
of

Board

Education, will receive sealed bids

k

County Superintendent of
School's office, Springfield, until
noon (EST) on Dec. 9 for the pur¬
chase of $200,000 1 Vz % construction
and
equipment coupon or
registered bonds. ; Dated Dec. 1,
1948.
Denomination $1,000.
Due
Dec. 1 as follows: $9,000 in 1950
to

1957, and $8,000 in 1958 to 1973.
Bidders may bid for a different
rate of interest in multiple of
of

Principal and interest (J-D)

1%,

payable at the office of the de¬
positary of-the Board of Educa¬
tion, presently the Lagonda Na¬
tional
Bank,
Springfield.
The
bonds are supported by an unlim¬
The bonds will be sold

ited tax.
to the

highest and best bidder for
and accrued in¬

not less than par

state

the

number of bonds bid for and

the

bids

All

terest.

must

amount of bid and accrued
interest to date of delivery. All
gross

bids must be in the form of blanks

to

furnished

be

the

by

Clerk-Treasurer.

above
of

award

The

tiie sale of the bonds will be made

at

meeting of the Board of Edu¬
(EST), on the

a

cation at 7:30 p.m.
The

date.

above

will

bonds

be

delivered to the purchaser or pur¬
chasers at such

banking house in
may
be agreed
upon.
The cost of printing the
bonds to be paid by the Board of

Springfield,

Check

Enclose

bond

or

amount of

certified

a

1%

for

the

of

bonds to be sold, pay¬

able to the Board of Education.

Milford, Ohio
Offering—A. E.

Bond

Snyder,

Village Clerk will receive sealed

.

bids until
for

the

(EST)

noon

Dec. 10

on

purchase of $120,000 3%
improvement bonds.

water works

.VDated Dec. 15, 1948. Denomina¬
tion $1,000.
Due $4,000 Dec. 15,
The bonds

1950 to 1979.
able

limited

from

Milford

National

are

taxes

pay¬

the

at

Milford.

Bank,

.Bidders may bid for a different
rate of interest in multiple of 14
of

1%,

Interest J-D.

issued

are

The bonds

under the

authority of
general laws of the State, particulary the Uniform Bond Act of
the General Code, and pursuant
the

to

Ordinance

the

No.

29,

Village Council

bids

must

bonds

the

for

and

bid

of

terest

to

bonds

will

date

and

number
the

less

not

than

and all bids. No

the

par

conditional

bids will be received. The approv¬

ing opinion of Peck, Shaffer &
Williams, of Cleveland, will be
furnished to the successful bidder

without cost.
certified

bonds

Enclose

check

bid

for

bond

a

1%

of

the

to

the

payable

upon,

or

Village.
New

and

of

Carlisle-Bethel

Education, presently the

Lagonda

National

field.
the

The

Bank,

bonds

will

School District

less than par and accrued interest.
All bids must state the number of
bonds

bid

.for

of

bids

amount

terest to date of

be

must

in

the

and

and

gross

in¬

accrued

form

of. blanks

(P.

Treasurer.

Clerk-

above

the

The award of the sale

will

bonds

be

made

at

a

meeting of the Board of Education
at 7:30 p.m.
date.

(EST),

the above

on

The bonds will be delivered

0

fc

'•

#

«

t»

bonds

be

to

sold, payable

to

the Board of Education.

Sandusky, Ohio
Offering—C. F. Breining.
City Treasurer, will receive sealed
bids until

(EST) on Dec. 13
for the purchase of $19,000 !Vz%
street improvement coupon bonds.
Dated Dec. 15, 1948.
Denomi¬
nation $1,000.
Due Dec. 15, as
follows: $1,000 in 1950, and $2,000
in

1951

to

interest
Third

1959.

(J-D)

rate

multiple of y4
have

been

may

of

of

and

at

Exchange

Bidders

different

a

payable

National

Sandusky.

Principal

under

dividend

fill

cn

has

the

thority of the laws

of

fif'v

declared

24/1948 to stockholders of
business December 2nd.
M.

-

cents

<50ci

*"r

of
the
D?ceir.b:v

stock

payable

record

at

the

close

of

the

State

in accordance with

resolution of

a

the City passed Nov. 8. The bonds

will be sold to the

highest bidder

for

the

not

less

than

thereof

and

accrued

value

par

interest

to

date of delivery of the bonds. En¬
close a certified <-heck for

$500,

payable to the City.

Treasure".

THE SUPERHEATER COMPANY

«

*

O

fr

Bond

Clerk

will

extra

Offering—R.

of the

receive

Board

N.

Perkins,

of Education,

sealed

bids

■

until

7

(EST) on Dec. 15 for the
purchase of $100,000 3% land ac¬
quisition and athletic field de¬

velopment
bonds.

unlimited

Dated

$5,000

June

1959,

Dec.

and

tax

coupon

Principal

1,

Due

1950

to

interest

and

(J-D)

payable at the First Na¬
tional Bank, Bellaire. Bidders
may
bid for
in

a

a

different rate of interest

multiple of

y4

of

1%.

The

interest.

All bids must
state the number of bonds bid for
and the gross amount of bid and
date of deliv¬

The proceedings looking to
bonds have

Cleveland, whose approving opin¬
ion
together with
the
printed
will

be

provided
These

expense.

authorized

at

at

the

the

bonds

general

on Nov. 2. Enclose a cer¬
tified check for $1 000, payable to
the District.
,,
, T

on

ConpMny

his

«

of
thirty-*!*1* cents
the outstanding stock of the
b~en declared navnb'a D'ceivb-r

aU

24. 1948 to Stockholders of record
of business Decemb^ 2r-t
/

V

M.

at

the

clo.e

SCHILLER. Tr<"uir«~,




interest

District, Okla.
—
J. S. Kuntz,

bids

8

to the
rate

mese

bidder

in' cash

«r»ial to 2%

with

its

or

his

pon

and

equipment

1% %
cou¬

registered bonds,/Dated
Dec. 1, 1948. Denomination $1,000.
1.

as

follows: $12,000 in

1950, and $11,000 inU951

to 1973.

certified

be

ef¬

cashier's

or

payable to

$2,800,

the

East Chambers
Con. Ind. Sch, Dist.
(P. O. Winnie), Texas

Bond

Offering

Superintendent
sealed

(CST)

O.

H. L. Wheat,

—

of

Schools,

bids

until

8

will
p.m.

Dec. 7 for the purchase

on

$250,000 not to exceed 4%

terest school house

bonds.

in¬

Dated

Nashville), Tenn.
Dec. 10, 1948. Denomination $1,Offering — Litton Hick¬ 000.
Due Dec. 10, as follows: $2,will receive 000 in 1949 to 1955. $14000 in

Bond

County Judge,

man,

sealed

bids

until

(CST)

noon

on

Dec. 8 for the purchase of $500,00p
not to exceed 3% interest rural

school

elementary
series

building,
Dated

bonds.

sec¬

Oct.

1,

1956

to

1959, and $20,000 in 1960

to

1968, Principal and- interest
(J-D) payable at the place se¬
lected by the purchaser.
Alter¬

of Trustees to sell the bonds
l°west interest cost that
1968, and $30,000 in 1969 j wiij
bring a price of approxiPrmcipaL and^interesti mately, but not less, than par and
payable at■ the Chemical j accruecj interest. Bidders are reTrust Co., New York City.
quired to name the rate or com¬
j.

Bank &

are

requested to

name

the

bination

rate of interest in
or

multiples of %
Any rate of inter¬

1/10 of 1%.
will

est

rate

coupon

bid

on

and

of

with

rates

their

which is nearest par and

interest.

apply to the entire issue.

The bonds will be awarded

rate.

premium

will

be

place

at

made

such

must

be in

District

multiple of
will

Vs of

check

2%

of

the

tified

the

Finance

receive

—

Colorado

Lower

Tenn.
Chas. H. Rus¬

Commissioner,

sealed

bids

until

will

receive

a.m.

(CST)

chase of

noon

interest

on

said

from

a

bonds

shall

special

fund

derived

from

the

the

net

revenues

operation of the water

and

sewer

system

in all respects to the
revenues

tem

for

of

the

pledge of the

of the water works sys¬
the

outstanding

portion

an

naming

cost

tov the

less the amount of prernium
cified. ;
to

reject

any

that

event

spe¬

The>City*fetam^'the right
all

or

the

unacceptable

bids

the

to

in

the

thereof

terms

City.

be

The

bonds will be delivered to the

cessful bidder

on

suc¬

1,

bonds

1949.

The

from the net

works

before March

or

payable

are

earnings of the water
of

system

the

City.

The

bonds which will be issued under
the

provisions

of

Chapter 8 of the
amended,

will

indebtedness

Article

State

the

the

of

meaning of

provisions

City

by

mortgage

lien

water

law,

thereto,
lien

similar

be

existing

gage

liens.

is to

pay

as

existing

the

im¬

betterments

which,

created,

fifth

be

but,

the

on

and

shall

shall

within

statutory

a

including

works,

as
an

constitutional

any

limitations,

or

provided

12,

Code,

constitute

not

in

priority

to

mort¬

statutory

The successful bidder

the cost of securing the

approving opinion of Chapman &
Cutler, of Chicago, ?nd the
cessful

the

bidder

is

signature.

check

for

Enclose

ready

certified

a

payable

$2,500,

suc¬

furnish

to

forms

bond

necessary

for

also

to

the

City.
WISCONSIN

Whitewater, Wis.
Bond

City

Offering

Clerk,

—

will

bids until 3 p.m.

Lois Gnatzig,

sealed

receive
on

Dec. 7

for the purchase of $65,000

not to

exceed

vided

2 ('2%

(CST)

interest

bonds,

di¬

follows:

as

$50,000

and

Construction

Sewer

Improvement bonds. Due Dec.
1,

$5,000 in

follows:

as

1949,

$9,000 in 1950, $10,000 in 1951
and

1952, and $16,000 in 1953.

15,000 Water Works System Ex¬
tension bonds. Due

$3,000 Dec.

1, 1949 to 1953.
-Dated

tion
in
be

Dec.

Denomina¬

1, 1948.

$1,000. Rate of interest to be

multiple of V4 of .1 % and must

a

the

same

of both issue.

for all

the bonds

of

(J-D)

Principal and inter¬

payable at the

Commercial

&

White¬
Savings

No bid will be

Bank, Whitewater.

Dec. 15 for the pur¬

considered for less than all of the
bonds

of

both

issues

and

no

less

for

considered

bid

than

will

be

All other things being equal,

$3,050,000 revenue bonds.

Offering

Bond

preference

VIRGINIA

Parkersburg,

—

Carlton

will

given

be

bid of par and accrued

W. Va.
E.

which

better

to

the

interest or

specifies the lowest

,

Welch,
bids

papable

interest

Authority

Authority
bids until 10

sealed

on

WEST

Due

July 1, 1950 to 1978. The principal

the

in

par.

will

bonds. Dated Jan. 1, 1948.

and

River

Offering—The

(CST) on Nov. 30 for the purchase
of $700,000 water works and sew¬
er

lowest

est

(P. O. Austin ). Texas

Lafolette,

sell,

cashier's check for $5,000,

or

Bond

Offering

interest

City, said cost to be determined
by computing the total interest
charge over the life of the bonds

water

of the bonds.

Bond

additional

hold¬

of

will be sold to the bidder

the

payable to the District.

value

face

respective

surrender

uniform bid blanks. Enclose a cer¬

may

for

in

2% of the prin¬
cipal amount thereof. The bonds

1%.

furnish

of

be mutually agreed
upon between the purchaser and
the County.
Enclose a certified
as

or

part

amount equal to

the

and

time

the

upon

Any rate or rates named

The

the

No bid at less than par will

will

the

to

pay

ers

bonds

lowest

such

on

whole
in

bid

accrued

printed bonds, a copy of the pro¬
ceedings, the approving opinion
some recognized market attor¬
be considered. The legality of the
ney
selected by the purchasers,
bonds will be approved by Cald¬
and will deliver the bonds to the
well, Marshall, Trimble & Mitchell, bank
designated by the purchasers
of New York City, whose favor¬
withodt cost to them.
It is antici¬
able
opinion will be furnished
pated that delivery can be ef¬
the purchaser or purchasers with¬
fected in approximately 60 days.
out charge. Delivery of the bonds
All bids must be submitted on the
highest

in

time

nate

15. ^A'?? in,i?5tI0J,95.8't Board
\nnJo
? 12S Xaa ?'
1964 to

Bidders

1958,
to

numerical

order,
and
should any of said bonds be re¬
deemed prior to maturity, the City

proposals will'be considered
1948.
Denomination $1,000.
Due with
10-year option of redemoOct. 1, as follows: $10,000 in 1949
tion.
It is the intention of the

i?.

1,

time

inverse

provements

No. 2

of

or

Due Dec.

It is antici¬
can

approximately 60 days.

for

Jan.

from

or

bonds to the

delivery

a

receive

ond

furnish

County

equivalent

(P.

will

bid

Chambers County,

TENNESSEE

County

mul¬

District.

of the amount of his

interest is subordinate and junior

construction

check

bid

works

for

in

Enclose

after

r-t

designated by the purchasers

fected

bid.

Davidson

in

uniform

a

will deliver the

that

Nov, 16, Each

submit

shall

sum

a

on

rvi

bid

All bids must

on

District

The

pated

the bonds authorized at

are

be

must

without cost to them.

Due

City; however, both principal and

3

named

submitted

bank

bidder

the election held

Ai

their

Any rate or combination

rates

and

offering the lowest
of interest and agreeing to
par
and
accrued
interest,

pay

4-1-*

with

a copy Of the pro¬
the approving opinion
of some recognized market attor¬
ney selected
by the purchasers,

building, site acquisition
bonds.

x,or- COi?1j

*tfirh

'

printed bonds,

p.m.

Bond Offering — Paul C. Price,
Clerk-Treasurer1 of the Board of

(EST) on Dec.
purchase of" $265,000

rates

ceedings,

Education,

until

improvement

from

noon

Bidders are re¬

%*rvTACT

of

interest.

be

$35,000 in 1952 to 1958, and $30,000
in 1959. / The bonds will be sold

be

Springfield Loctl School District,

/\4-

/\m

blank.

School

receive

lowest

1, 1948.

Dec.

KiMrtri

be

price of approxi-

acSru€d "iterest.
^am<:

of

until

«

dividend

share

the

of

sold, pay¬

(CST) on Dec, 6 for the purchase
$275,000 not to exceed 3%

/°a

p.m.

the
An
psr

1 %

Education/ will receive sealed bids

Dividend No. 178
o

for

bonds to be

Offering

(A-O)

Ohio

«

Lawton
Bond

A

Shadyside Exempted Village
School District, Ohio

cost

mately, but not less than, par and

tiple o'i Vh of 1%.

au¬

19-8.

SCHILLER,

of

the Board of Education.

a

and of the Uniform Bond Act and

were

outstanding

been

bond

or

OKLAHOMA

bid for

the

that will bring a

interest

check
amount

able to

1%. The bonds

issued

lowest

the

at

bination

.

the

in

Dec.

follows: $1,000 in 1949, $4,$5,000 in 1957

as

bonds

agreed

be

may

—.

Bank,

interest

bonds.

Due

which is nearest par and accrued

.

noon

election
quarterly

share

■Company

Education.

and

Bond

house

1948.

10,

to

blanks

of

of

the

10,

school

Dec.

000 in 1950 to 1956,

of printing the
paid by the Board j
These bonds were!

certified check

ot

Dated

will

cost
be

will

bonds

if

as

The
will

authorized at the gen¬
eral election on Nov. 2.
Enclose a
bond for 1 %

interest

4%

bids must

form

bonds

Board's

«

All

Clerk of the Board of

or

Herbert,

authorized at the general election
Nov.
2.
Enclose
a
certified

been taken under the
supervision
of Squire, Sanders &
Dempsey of

Dividend No. 177

bids

rate

printing the bonds will be paid
by the Board of Education. These
were

Texas

Offering—Allen

purchase of $140,000 not to exceee.

date

on

of

the issuance of these

THE SUPERHEATER COMPANY

the

Springfield,

purchaser or purchasers at
banking house in Springfield,
may be agreed upon. The cost

as

Bond

of

to

to the

ery.

NOTICES

Split

in

such

Education, will receive sealed bids

DIVIDEND

interest

considered.

upon.

.

of

School District,
'

bonds

of

amount

gross

accrued

made

of

the

the

and

be

plication

to

number

Bank, New York City.
maturing in 1959 to 1971,
optional for redemption
by the City prior to maturity on
any interest payment date on or
shall

1962, $6,000 in 1963 to 1967,
$7,000 in 1968 to 1972, and $8,000
which will be furnished upon ap¬
in 1973 and 1974, Principal and in¬
plication
to
the
above
Clerkterest (J-D) to be payable at place
Treasurer. The award of the bonds
Al¬
will be made at a special meeting preferred by the purchaser.
ternate proposals will be consid¬
at 7.30 p.m. (EST) on the above
ered with 10-year option of re¬
date.
The bonds will be deliv¬
It is the intention of
ered to the purchaser or purchas¬ demption.
ers
at
such
banking house
in the, Board of Trustees to sell the
be

,t

the

delivery.

bonds

accrued

O.

and

not

delivery. All bids

the

for

bid

which will be furnished upon ap¬

accrued interest to

of

to

highest and best bidder for not

Snrinofield), Ohio
Bond Offering—Edith Barnhart,
Clerk-Treasurer of the Board of

A

Spring¬

be sold

bonds will be sold to the highest
bidder, at not less than par and

Local

bid

1%.

Board of

National
Bonds

and accrued interest. All bids

par

Principal and in¬
terest (J-D) to be payable at the
office
of
the
depositary of the

in¬

value thereof and accrued interest,
but the right is reserved to reject
any

V4

TEXAS

Bridge City Independent

Springfield.
The
President of the Board of Trus¬
bonds will be sold to the highest
tees, will receive sealed bids until
and best bidder for not less than
8 p.m. (CST) on Dec. 8 for the

of

1964,

Monday, November 29, 1948

a

Bank,

of

of

accrued

(J-D)

must, state

gross

delivery.
The
sold to the highest

may

interest in multiple of

$15,000 in 1965 to
1973.
Bidders may bid for a dif¬
ferent rate of interest in multiple

of

be

bidder for

adopted by
Nov. 16. All

on

state

bid

■amount

to

bid for

CHRONICLE

1%.

tional

1, as follows: $16,000 in 1950

as

Education.

.

Dec.

the

at

of

office, Springfield, until
(EST) on Dec. 9 for the pur¬
chase of $375,000 Wz°/o construc¬
tion and improvement coupon or
registered bonds.
Dated Dec. 1,
1948.
Denomination $1,000.
Due

FINANCIAL

&

different
lk
Principal
and
interest
payable at the First Na¬

rate of

noon

Springfield), Ohio
Offering—D.

Bidders

County Superintendent of

School's

.

Mad River Local Sch. Diet.

the

at

above

Clerk-Treasurer.

Bond

COMMERCIAL

THE

7

Mayor,^wiil (EST) on Dec.
receive sealed
until 10

for

a.m.

the

water

purchase

works

of

$250,000

system
revenue
$1,000.
Due

rate

be
of

of

interest.

the

the

direct

Said

bonds

general

City and

are

will

obligations

being issued

bonds. Denomination

subject to the approving opinion

1, as follows: $1,000 in 1954,
$2,000 in 1955 and 1956, $4,000 in

of

Jan.

1957, $6,000 in 1958, $8,000 in 1959,

$10,000 in 1960 to 1964, $12,000 in
1965, $15,000 in 1966 to 1968, and
$20,000 in 1969 to 1974. Principal
and interest payable at the State

Sinking Fund Commission's office

Chapman & Cutler, of Chicago,

which

furnished

opinion will be

to the successful bidder at the ex¬
pense

of said City.

The purchaser

shall furnish the printed
his

own

expense.

tified check for $3,000,

($98,000) of the issue of Water in. Charleston, or at the option of
Revenue bonds dated Nov. 1, 1940. • the holder thereof at the Chase- the City Treasurer.

bonds at

Enclose a cer¬
payable to