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■■as? 194® NOV 4 MONDAY 7L Commercial Financial d an Chronicle Reg. U. S. Pat. Office iVolume 164 New York, N. Number 4539 General RAILROAD O. J. Landis, Decker has been appointed Vice-President and General Man¬ elected a director of the subsidiary. He will be .in charge «lt operations of all departments of the business.—V. 164, p. 1581. ager - INSURANCE reason for this move," stated Mr. Walker, "Is that a manage¬ bting negotiated with William A. Hahn, of Balti¬ Md.» to act as the General Manager of the new subsidiary. Mr. is President of the Railway Radio-Telephone and Signals, Inc., which company was formed earlier this year for the special purpose of acting as national exclusive distributor of all radio communications equipment manufactured by Aireon Mfg. Corp, for sale to railroads." and of operations and Akron Canton & Youngstown RR.- -Earnings— 1 ,, In Stock and Bond manufacture this and sell railroad and vehicular ■■• Baltimore net loss of $1,974,953 . • will be filed." a SPECIALIST IN MUNICIPAL Net from Net ry. be redeemed 1944 $1,810,079 $2,137,890 671,895 1,070,698 78,420 incomes oper. 1861. _ - 24 latest the two works at the company's plants on number of the firm's plants still out on at the La Crosse, 1424 and the company. reached was Union West at the only ones now labor walkout the agreement CIO Industrial main The to reduced between are in fifth settlement Oct. Allis, 9 Mos. End. '» ', Sept. 30 Inc. and ' excess . dividends ■ • -J ' -' \ ■ • 5,564,036 $2,815,553 . $3,769,963 —2,065,000 2,705,923 3,589,083 V; ♦The do - — —-i——L—stock ; , $1,974,953 paid— 75,920 '*•8,746 common share Nil — \;.k) $1.04 / , $1.49 $2,161,255 48,648 272,772 $2,901,464 ; 102,652 165,528, $3,414,229 329,613 29,531 $2,375,431 ,91,292 1,281,363 j 1,493,000 920,000 $3,004,110 158,268 27,467 • 1,877,716 *$940,663 figures for the nine months ended Sept. 30, 1945 $1,548,487, $1,773,722 results of operations of the British subsidiary for September,—V." 164, p. 949, British $791,139 & 1 ? )• ■ Continental Corp.—Debentures Equity Corp. in last week'?. Chronicle, page 2152.—V. 160, p. 2393. The of reports. the company receipt , Railroad Pacific resulting from the war's end and conversion to peacetime production. It is impracticable to segregate such charges or even to identify all of them as such; These items include the cost of relocating the business premises, experimental and abandoned projects, cost of trial equipment installed for customers, and having doubtful salvage value, write down or or loss on disposal of excess or obsolete inventories, losses on can¬ cellation of purchase contracts, idle plant expense and unabsorbed over¬ head. tProfit. \ "• Order of an order from the Union Company for one thousand 70-ton hopper cars Rodger Ballast Design.—-V,. 164, „p, 119$. 1 . i '• . , Corp.—-Special Meeting—* ^ -See Aviation Corp. below.—-V;. 164, p. 1862, . , American Central Mfg. . : Aireon's CORPORATE $3,317,930 96,299 American Car & Foundry Co.—Receives Large ! *Cost or sales and expenses for the fiscal year ended April 30, 1946, includes substantial amounts for extraordinary or, unusual charges outstanding capital stock as of Sept. 30, 1946, comprised 64,006 shares of $10 par 60-cent dividend cumulative convertible pre¬ ferred stock and 836,833 shares of 50-cent par value common stock.— V. -164, p. 1861. ;-^V. v ' the Consolid. $3,148,154 246,690 Called— . . consolidated include Company $2,353,110 191,855 144,217 7. $2,741,259 —— J, American, ; $$750,553 $$1,064,040 ■ not the month of Loss! for: year-^---—$2,050,873 ! t$741,807 t$l,064,040 Earnings per —— profits' taxes—-- cess See - income deductions Net profit , —«\~ profits tax; refund. Net* loss Preferred subsid, Divs.; fr. foreign r_ —- Consolid. $3,601,952. .284,022 ' 59,230 /, • . 1945- 1946— $2,537,812 : , -Earnings- — income Misc. ————2321 - remaining oh strike.^V. 164, p. 2149, Depreciation ———232.1 Wis., plant ' and the Boston, Mass,, plant . Wis., American Bank Note Co. 1946 ' ' 1945 1944 -———♦$12,209,930 $32,002,613 $38,318,830 for income--..-,- 8,619,194 2,133,507 Fifth Strike Settlement— OF OPERATIONS FOR PAST THREE FISCAL YEARS on 314,090 17,507,339^: : I Pfd. div.—foreign sub._ ^ Prov. for inc. and ex* income-..—*——— 147,208 16,745,415 6,731,214 > 1,473,478 . 10,632,281 1,361,135 350,075 - initial quarterly dividend of 81V* cents per share has been de* on the 3lA% cumulative convertible preferred stock (par $100), payable Dec. 5 to holders of record Nov. 21.» 1 •. v - Clearings————2320 —————2321 prov. based on 93,442 15,508,780 5,376,521 1,220,238 & American Home Products Corp. : The.,directors , — v > Declares 10-Cent Dividend on Increased Shares— on the This Oct. 24 declared a dividend of 10 cenjts per share capital stock, payable Dec. 2 to holders of record equivalent to 30 cents per share on the old stocx on increased Nov. *14. • FINANCE is : ||iSECONDARY MARKETS Company Established 1928 80 BROAD STREET HAnover; 2-2600 \ ■ ' INCORPORATED Security Dealers 45 NASSAU STREET, NEW YORK 4, N. Y. Bell Teletype: • Members Neva York NY 1-573 Telephone REctor 2-8600 NEW YORK 6 Philadelphia Telephone ; I V; f"v.; Association Enterprise 0015 Bell Teletype ! New York 1-570 r Allis-Chalmers Mfg. Co.—Initfal Preferred Dividend— ' before 1943 clared Total taxes 275,610 An 2302 Other Taxes 100 W at Earnings— - 188,744 Condition Statement of Member. Banks of Loss next, 1945 Condition Statement of -Years Ended April 30— 22, $1,242,375 Company STATEMENT Nov. on 1946 $2,726,343 188,531 Net sales Through Bank Loan $1,201,536 Foreign Exchange Rates. System 1,398,520 769,289 ' . railway.-railway.. 164, p. The Federal Reserve ' .v^=- From Jan. l—; —V. .2319 GEARHART & COMPANY J Dividends Declared and Payable———2321 . 3^312,358 83,775 3,513,512 1,219,010 596,525 ; Gross: from Sales—2328 Redemption Calls & Sinking Fund Notices-2321 ' ' 47,155 ; • Ijet ry. cper. income__ 2302 Federal; Reserve- Bank • Tjrading Markets in Over the Counter Securities DEPARTMENT qAllen Telephone: ' will September— from railway.— .Net from railway j FLORIDA & NEW JERSEY Municipal Bonds : " bonds Gross State and City Bond Offerings and . „ ,V243a552- Alabama Great Southern RR. General Corporation and Investment News_2281 : ' - 913,125 345,597 ; 164, p. 186i. The loan. 2149. p. . Miscellaneous Features The Course of Bank 614,688 , corporate trustee, 100 Broad¬ New York, N. Y. Immediate payment, may be received; There reported to be outstanding $1,102,000 of these bonds.—V. 164, were A - • ——— Stock and Bond Averages— The September (1946) profit, before provision for taxes, amounted to $124,729, Mr. Walker reported, Of this amount, $30,633 resulted Trom current operations of the company, $90,887 from other transac¬ tions largely non-recurring in nature, and the remaining $3,209 was «et Income of the active subsidiaries. A provision for tax-carryback .claim previously accrued on account of losses in earlier months was necessarily adjusted downward by $119,400 on account of the profit .accruing during September, with the result that the net profit after giving effect to this reduction was $5,329, he added. As of Sept. 30. last, the company held signed orders from distributors rdfor electric phonographs and accessories which, if priced at the com¬ pany's prices now in effect, would constitute a backlog estimated at approximately $22,200,000. Mr. Walker comments that "the significance ./••.of such orders for consumers' goods has been questioned in this and > other industries, and no representation is made or inference intended with respect to whether such orders would or could be enforced in whole or in part, particularly in view of the long period of time it will take the company to manufacture any such quantity of goods." r The other backlog of the company consists of orders for approxi¬ mately-$807,000 for Navy developmental work on a cost plus a fixed lee basis, $49,500 for railway radio-telephone^quipment and $23,COO for all other products. At the same time the backlog of Cinaudagraph ;y Speakers, Inc., was $1,068,000 for radio and phonograph speakers. .Mid-Co Tool and Supply Co., another subsidiary, ships various items for oil well equipment from stock. ■>. Commenting on bank loans, Mr. Walker stated: "Under the revolving credit agreement dated Dec- 31, 1945, the company obtained commit;ments from banks, and loans thereunder in the. aggregate principal ..amount of $2,000,000. On May 17, 1946, this agreement was amended whereby the company obtained commitments, and loans for an addi¬ tional $1,025,000. This additional amount ($1,025,000) was repaid on Aug. 1, 1946. Of tho remaining $2,000,000, a total of $400,000 was repaid on Sept. 25, 1946, $500,000 is payable Oct. 30, 1946, and $1,100,000 on Nov. 30, 1946. The company is how engaged in negotiations for the refunding of this $1,600,000 of unpaid bank loans but no def¬ inite commitment has yet been obtained." Mr. Walker also reported that Aireon is carrying out a pian to transfer the manufacture of radio-telephones to a wholly-owned sub-sidiary, "The Aireon-Radio-Telephone Mfg. Co.," which will complete the manufacture of existing inventories in a plant in Kansas City. Mo., and then will move its entire operations to a leased plant at an advantageous location in the east. bank Transactions New York Curb Exchange—..2302 : , email. Over-the-Counter Markets 3,390,960 154,028 1— from Deficit.—V. way, —2315 Transactions New York Stock Exchange 3,016,710 ; ' and interest at the New York Trust Co., ; .---—23151 Toronto Stock Exchange--———— .2316 Toronto Stock Exchange—Curb Section—,.2318 : 63,611 1943 $369,811 $388,798 113,258 It is announced that funds for the redemption of the first mortgage 4%% bonds, due 1951, were obtained from proceeds of a $2,000,000 Montreal Curb Exchange—— ? < • *10,126 *19,142 • 1944 • $270,328: - Alabama Gas Co.—Refunds Bonds ■ ■ Stock Exchange— Stock Exchange—. Montreal Stock Exchange.— ' "The loss sustained in the 1945-1946 fiscal year is attributable principally to the costs cf reconversion," stated Mr, Walker in his annual report to stockholders. It was not until the latter part of May of this year—one month after the fiscal year's end—that production of Blreon's electric phonographs" in substantial quantity commenced, al-: though operating expenses continued to accrue because of the neces¬ sity to continue developments and to maintain an organization during the transition period. Electric phonographs have accounted for sub¬ stantially all of the sales of the company. During September, a new manufacturing schedule of 1,500 units a month became effective, past experience indicating that that is the maximum number for which parts can be procured to assure efficient and continuous production. Production of other principal lines of the company has been relatively . * 1945 . $398,542 - 111,195 Net ry. oper. income-. - ;v. resulted from operations of Aireon and its consolidated subsidiaries, Cinaudagraph Speakers, Inc., and MidCo Tool and Supply Co., and gives effect to a claim against the Fed¬ eral Government, under the "carryback" provisions of the Internal Revenue Code, for a refund of a portion of the Federal income taxes: and excess profits taxes paid in prior years. : ~ "In the case of the parent company the claims for refund amounted to $3,589,083," stated Mr, Walker. "A tentative claim of $3,477,083. was paid by the government on July 31, 1946; < 1) by the payment to the company of $2,963,684 in cash and (2) by applying $513,399 of the claim to liquidate the unpaid balance of Federal taxes for the previous year; A claim for additional refund of an estimated $112,000 The Quotations 2312 —2312 Chicago Stock Exchange 2312 Cincinnati Stock Exchange— 2313 Cleveland Stock Exchange--—————2313 Detroit Stock Exchange———————-——2313 Lbs Angeles Stock Exchange—^.2313 Philadelphia Stock Exchange—-——-2314 Pittsburgh Stock Exchange—. -——2314 St. Louis Stock Exclr^nge.—_L—2315. Boston radio communications •i-"'-: .< , railwayNet from railway „. •JSew York Stock Exchange (Stocks) 2291 New York Stock Exchange (Bonds)——__2302 y New York Curb Exchange -2307 dent, on Oct. 29 stated that the company's operations in September, last, resulted In a profit and that a new subsidiary has been organized equipment."' Issue From Jans corporation had a consoli¬ dated net loss of $1,974,953 In the fis-al vear ended Anrfi so, 19*6, after giving effect to a. tax refund credit, Randolph C. Walker, Presi¬ to This Gross year. that 1946 September--from railway- XNet from railway .J* Net ry^: oper. incomei. > Reports Net Loss in 1945-1946 Fiscal Year—September Operations Show Profit—Makes New Manufacturing ArQrangements for Railroad Radio—Negotiations on for Re¬ funding of Bank Loans— disclosure a opening of additional offices. Issiie not underwritten. Gross negotiatious. underway looking to the refinancing of bank loans, the directors have decided to defer consideration of the dividend on the preferred stock which would be payable on Nov. 1, 1946, ft. C. Walker, President, has announced. ; Regular quarterly distributions of 15 cents each were made on Feb. 1, May 1 and Aug. 1, with the SEC $1 expansion of Coincident S, Inc., Jackson Heights, New York—Files With The company on Oct. 24 filed a letter of notification with the for 20,450 shares (no par) common, but with a/Stated value share. Offering price, $5 a share. Proceeds will be used for , this Copy SEC— more, Hahn Aireon Manufacturing: Corp.—-Defers Dividend Action Because a MISCELLANEOUS - A I ment contract is now Jr. ha3 been elected President of the Obiof< Chemical & Mfg. Co.. a subsidiary, succeeding L. A. Hull. Mr. Landis ...•was formerly Vice-President. \-j, E. INDUSTRIAL - "The Air Reduction Co., Inp^r-New President of Houston Price 60 Cents Corporation and Investment News PUBLIC UTILITY - Y., Monday, November 4, 1946 Troster, Currie & Summers Members New York " Security Dealers Association Trinity Place, New York 6, N. Y. Telephone HAnover 2-2400 Teletype NY 1-376-377 Private Wires to Buffalo Cleveland Detroit Pittsburgh. St, Louis 74 THE COMMERCIAL & FINANCIAL CHRONICLE 2282 share previously paid Period—. ferioa-— ;$4,105,239 -,K<*,eaies: Manufaoturlng-,—— ' i:.;; 82,766 123,885 $7,962,362 $8,051,252 686,681 1,398 1.951,614 9,022 1,964,993 Drl5,o48 $1,960,636 $1,949,145 431,191 74,886 1,215,397 229,252 873,731 372,237 ——•—■«--$182,002 $515,987 16,790 t$703,177 V 46,865 —— Selling and advertising expenses— General and admin, expenses Operating Total profit ,5>893 ———-r $532,777 95,880 191,000 $750,042 96,409 334,000 $69,828 $0.20 ' — Federal income taxes——.—;——— Net profit $245,897 $0.70 outstanding at Sept. Sept. 30, 1945, after interest in United States Gauge Co. earnings. tAfter deferring $55,000 expended on research, ment during the first quarter of-1945 and charged Operations.—V. 164, p. 2006, ♦Based on shares 350,000 250 shares outstanding at , ' Radiator American 6 Months Ended against subsequent ' • stock tne held at the date of record and that tne by a group headed by Smith; barney A co. subscription price and owier details will be ;.X 2574. \ determined.—V«. 163, by v.., 6754,207 ' as£retsrr~^i_^IZI^;:::; l'-559)034 fixed V ; ' X.' ;c;-. 19,890,849 15,340,000 - —___ Steel Corp., were redeemed in Decembr 1945, at the price of $2,250 for each $1,000 bond, plus accrued interest an4 the premium on such redemption was charged to income in the fourth quarter of tne stockholders 1945,. in that report, in December 1945, Bethlehem a suit that had been pending against, it since March "' alleged infringements of patents over a period of about nine years and the cost of the settlement, approximately $2,000,000. was-also charged to Income in the fourth quarter of 1945. - : . , In . credits from r ^ ^ ; v Barnsdall Oil been registration effective the under - Fed. Restrictions Lifted Overseas Calls to on t—V, 164, p.-1078, v Russia-- ; possible prder. 7 f * - ; v 1945 , 1944 $i,805,831 X $1,633,278 715,583 - 1,007.853 $1405,6672 X $625,425 1,500,000 1,500,000 $0.74 $0.42 L179,459 $626,372 s 1.500,000. $0.42 > ' 'i. of 4.25% cumulative preferred at stock ($100). par Company is one of the country's leading manufacturers of storage separators, heaters, treaters, pressure vessels, valves'and other products sold chiefly to oil producers and refiners. . The* company represent the recent merger of Black, Sivalls & Bryson. Inc. $7,154,478 $6,608,004 and , stock $3,535,553 ;' $3,455,177 J; $1.55 .4^'.:.$^, the A. Smith Corp. It also owns beneficially all the capital Tank Co. and all the outstanding capital stock of subsidiary with headquarters in Calgary. The Black. Sivalls & Bryson organization dates back to 1893 when the company, was formed to supply wooden tanks to the young petroleum industry. Its principal plants are In Kansas City, Mo. and Oklahoma City, witt* 5 smaller plants and 33 branches. 1 ■.'> X:';^; ; ■ ■■ i/ 3,152,826. 3,618,925 • of J. Connor Canadian About 90% of the company's products are distributed to customers the Mid-Continent and Gulf Coast areas, Nortwestern States and Texas, New Mexico, Michigan, Illinois and Ohio. Around 78% of gross sales represent products made in its Kansas-City and OklahomaCity plants, the remainder representing service and maintenance work rendered, i * in f: day and evening. The cost of a three-minute call from anywhere in the United States to Moscow is $12 on weekdays, and "469 on Sunday.—V. 164, p. 2006. 1 reasons if is not always alphabetical alphabetical ; , * ' it "■action time 24 the that -frith the declaration results, are available financial the as Oct. on connection in proceeds from the . . preferred stocks- and common purchasers, F. S. Yantis & Co., Inc. and H. M; Byllesby & Co. The net proceeds from the sale of the 20,000 shares of preferred stock, and of the 100,000 shares of common stock, on July 29, 1946, by the company to the purchasers (estimated at $2,957,365. will sale of the to the go — Dividend Action Postponed-^ Backlog of Undelivered OrdersRafter deduction of estimated announced was The stocks Beech Aircraft Corp. Has Large hours .of America's mechanical, to arrange companies: in exact However, they ara always as near (position as., , extended to include about nine be , , NOTE*—For the company announced on Oct. -29. The service opened during the war three yeara ago. Until recently, it was restricted to Government officials, the Press and to use by the U. S. Embassy. 1 The circuit, about 4,700 miles long, is one of the most northerly of the company's transatlantic radiotelephone circuits. Because the;.;1 radio path is closer to the magnetic pole than other channels, trans¬ mission over it is difficult, particularly during period^ of severe use, The hours of service have been will in States have been "removed and the service is now available for general magnetic disturbance. ,ta^ .... 20>000 shares calls between Moscow and the United Restrictions on radiotelephone "insur- charged expected 164, p. 551. Black; Sivalls & Bryson, Inc.—Stock Offered^—A bank-" ing syndicate headed by F. S. Yantis & Co., Inc. and H. M. Byllesby & Co., Inc., made a public offering Oct. 30 of 100,000 shares of common stock (par $1) at $10 peri share. The same bankers In September; lasf;-offered a/,1949 1946 ^ , profits profit? of capital. share8_w^u.>i per share-....--.- —^163.^2287/ of revenue the was was Inc.—Earnings— inc. and. excess Net to $2,500,000 it. related operations—— -share- on; outstanding stock...^-. per gross added was and whieh Number the- company and its subsidiaries^ for ^the; quarter July 1 to Sept. 30, 1946 amounted to $4,605,159; for the nine months to Sept. 30, 1946, such gross, revenue amounted tV$12,275,854. The income tanks, Net 'profitTrom: "Earnings . $1,500,000 to pensions ; 1946 after expenses-..;.^—$1,821,258 Net a ■ 1945 for and subsequent years.—V. Best Foodsi Co.—Earnings— Sept. 30— 9 Months Ended of charged provide Quar ter Ended Sept. 30— - appointed Operating profit after Federal taxes. Additions to reserves and lease costs written off Securities -Act the quarter and to granted in 1946 Qorp.—New Appointment— hks fourth reserve" income to chief metallurgist of: this corporation. Prior to his new association, he was-- Chief ' Metallurgist of K & L Steelfoundera & Engineers^ England. In is new position, Mr. Jazwinski will devote his attention to cus¬ tomer relations, technological research and improvement and ex¬ pansion of production facilities Of tne > corppraciofi'sry 12' suosidlary companies.—V.; Ib4, p. 951; V. 163, p, 8414, Jazwinski, J. the u,ance , . settled for Earned Ind.—V..164, .p.. 1863* stated in was. also, Co. 1943, Orosley Tne As Steel • and New Idea, Inc., have Corp. Barium Steel s. , ■ of (other than lehem r the of redeem Idea meeting Nov. meeting Nov.-20 at CpnnewviUe, (& making of an offer by the company, holders, of capital stock of record at the close of business on Nov. 8, 1946, shall have the right to subscribe on or before Dec. 16, 1946, at par (flat) for 15-year 23A% convertible debentures *o be rioted Deo. 15, 1046. and flue Dec. 15, 1961, to the extent of "$100, principal amount of deben¬ tures ior cacti -tux shm ea 1. DewcuWeis hoc oe issuett in denominations of less tban $100, (See V. 164, p. 2006.) . v public • and deprec, . (The) Aviation Corp.-^Special Meetings Called— American Telephone & Telegraph Co.—Rightsupon depl. As was stated in the preliminary report for. 1945, $1,906,000, principal amount, of the purchase-money mortgage 6% bonds of.Bethlehem Steel Co. due. Aug, 1, 1998, which had been assumed by Beth.-* I ' and for charges- dismantlement sale _or on ■; will be held Nov. 18 in Cincinnati; the New 19 at Coldwater, Ohio; and the American Central of $270,000. . During the first nine months of 1946, dividends received from foreign mU^WBries «mo»nt.ed to $1,637,906, No part of these dividends is in¬ cluded in the foregoing statement, but the amount hereof is held in a reserve until operating results of such subsidiaries for the full 1933, 19( 30, $786,602,93*3 depr. on certain ;X equipment provided for through charge to operating exc pense) and for amort, in-.1945 of emergency\facilities.,, Proyislon fpx- taxes based °fTh?ecroSey Meeting 194$ $3,748,149 1946 ' *$3,221,471 income —-—-wji-—-——————— estimated tax refunds based on carry-back contingent SEPT. income'-.84,786,598 Loss r Corp., American Central been caned to consider ; the proposed acquisition of these companies by The Aviation Corp. Directors of the three corporations nave already approved proposals Whereby AVCO would therefore acquire the assets and businesses 'of their respective companies.' AVCO now owns approximately 90% of the stock of both Crosley-and New Idea, and;,about 61%, of the stock sales and develop¬ ♦Includes of RESULTS. FOR 12 MONTHS ENDED ^ Interest--and other tProv-. . ' Sept. 30— year fchall have been common Meetings of Manuiacturing 30, 1946; and on deducting minority Sanitary Corp. Standard & . V 1946 to prior years .. .'billings Total amendment. " proceeds from the- proposed financing w.ll be used outstanding 148,UdO snares of cumulative preferred stock, convertible 4% series A, at $105 per snare. Tiie balance wui be added to tne company's general iunds, to be deviated to tne repay¬ ment of bank' loans, and other obligations, the acquisition and veiopment of additional production, and tne expansion ox refining, transportation and marketing lacdities. ■ Capital expenditures made by tne company during the eighteen months ended June 30, 1946, total $51,bla,oou, ox w*uch $2j,'*,i4,uu0 was for domestic cruue oil production and $10,532,0u0 ior xore.gn crude oil productioxr.—^V» 164, p. 1714. *- Subs.)—Earnings— Net of Part to $319,633 $0.92 . —— —— ♦Net profit per share———--- "346 'Net — dividend rate, The furnished $187,895 37,067 81,000 income deductions Other circular company offer will be underwritten $3,434,640 ■ manufact'g - Other income to Net income filed October 29 with the SEC a registration state¬ $41,242,508;' ment covering 296,000 shares of cumulative preierence stocx. it is '?'" NOTE-rThbe' Vesults Inecessarily re'flefct"' certain year-end adjust'-1 stated in the registration statement that holders oi common sccox ; ments made in the fourth quarter of 1945 which are in whole or in of the company will have the right to subscribe to the new yieiereuou j |part applicable to operations for previous quarters in that year. ; V. V stock at the rate ol' one share oi preference stock ior each nine $688,079 v, profit from sales: referring Preferred With SEC Atlantic Refining Co,—Registers The . ' 29, - shares Mining . I $9,922,998 $10,000,397 36,082 ' Gross ' $9,m0jl $4,142,719* V • ftp Minirg Oct. on . ' ' CONSOLIDATED , Exchange dated May' 14, 1946, directing that certificates* of common stock, of $100 par valnej shall be deliverable- Until, further-: notice against* sales, directed that beginning Nov. 19,. .1946,- deliveries;.' in settlement of Exchange corUfacts in common stock,, of .nd par-value,. may be made only with ceruCTPfttes stamped to indicate the change from $100 par value to no par value.:—V. 164. p. 1863. Subs.)—Earnings Metals» Inc. (& Stock York New 6-6455, cents per (Not including Foreign Sales subsidiary) ' ; ' 3 Mos. End. 9 Mos. End. 9 Mos. End. Sept 30('46 Sept. '30,'46 Sept. 30,'45'; - - The each month.—'VX 164, p.l8o2. American Machine & Form of Certificate— - Oct. 31 to share,was outstanding prior to the 200% etock distributiorv made on holders of record Oct. 14.; A cash dividend of $aeents_por made on, the old shares on Nov. 1, which compares with 20 Monday, November 4, 1946 and directors have postponed of a dividend until such for the fiscal year ended sale in expenses in connection with its issue amount of 83,635) were, together with other funds used to pay the $4,250,000 note given by the company corporate name of the A. J. Smith Corp. to Fr S. Inc. The proceeds of this note (received by the com¬ the of the company, under Its then Yantis & Co., of $1 per share was made on OqjL 31, pany on April 10, 1946) were applied to the purchase of shares of ' Black, Shialls & Bryson, Inc., a. Maine corporation. ■ r > * American Water Works & Electric Co., Inc.—Output''due to the fact that Ttermlnatloff For further details of history,, capitalizatin, earnings, etc., see power output of the electric properties of this company for of war contracts, accelerated depreciation of warime facilities, and the V. 164, p. 1589»:;;;X::;v^yvX;'I1"*::41"-M v^week ending Oct.-26, 1946, totaled 93,228,000 kwh., an increase of | renegotiation for the fiscal year of 1945, are all involved in the i 15,84% over the output of 80,477,000 kwh., for the corresponding period ended Sept. 30, 1946 and will have a result on the financial status of the company, it is anticipated that the decision about a ;-week of 1945.—V. 164, p. 2150. (E. I.) du Pont de Nemours & Co, (& Subs.).—Qua^-* ■ 1 dividend may be delayed for a period of 60 days or longer." ;: | ; terly Earnings— . ^ ; S Walter H. Beech, Chairman of the board and President, stated sales 1 Ann Arbor RR.—Earnings— during the fiscal year of 1946 exceeded original expectations and (Including Wholly-owned Subsidiary Companies) September— • 1946 ;; 1945 * 1944 1943 amounted to $21,304,598. Considering that the company started the Gross from railway—$498,867 $457,211 I $463,183 $524,438 Period End. Septr. 30— 1946—3 Mos.—1945 1946—9 Mos.—1945 past fiscal year with a backlog of approximately $7,000,000 and that Net from railway. vr : 50,352 62,486 : 92,430- '165,066 practically no aircraft deliveries were made during the first quarter, Net ry. oper income-,-*:. 8,340 24,974 49,699. ; *50,643 -Sales (net of - returns,« these" results are considered to be very gratifying, Mr. Beech said. s :v From Jan, 1— ' ■ • The present backlog approximates $30,000,000 of undelivered orders, ?;^:allowancesx;K;fcoujiwardXwi;X'5&;:X;;CX:&;v'fei^X " Gross from railway-Ji. 4,407,113 ? 4,595,286 4,394,302 4,502,771 freight, etc.) 164,402,932 146,584,752 472,255,650 472,987,500 which considerably exceeds the amoupt of deliveries for the fiscal Net from railway ; Other ..-2 ,446,108 1,045,150 1,032,440 1,339,177 oper. revenues— 2,268,699 3,980,558 ; 9,740,260 16,467,684 ^year-Just;-' ended^,;;*;:, Net ry. oper income— / 71,983 526,167 514,219 620,302 ' It was reported that excellent progress is being made in connection Total ^-V. 164, p. 1724. . 166,671,631 150,585,310 481,995,910 489,455,184 with the Model 35 Beechcraft Bonanza and that this personal, four\ . Cost of goods sold and place, all-metal airplane should be in production within 30 days. other oper. charges— 107,219,342 97,482,732 308,127,086 310,586,38$ Purchase commitments for more than 1,500, of these planes are on Atchison, Topeka & Santa Fe Ry.—Earnings-^ t Selling, general and ad■ - "■ * i hand at the present ..time and deliveries will be made in strict priority (Includes Gulf, Colorado & Santa Fe Ry. and Panhandle & > ministrative expenses £ in the same sequence that purchase orders were received. Production 17,229,776 12,934,024 37,959,113 51,406,971 Santa Fe Ry.) < Deprec. & obsolescence. 6,719,372 8,599,623 19,947,259;? 26,253,732 is expected to reach 12 a day by the Spring of 1947. " r Fed. taxes on oper. inMr. Beech reported favorable progress; also on the ; 20-passenger 'r Period End. Sept. 30— 1946—-Month—1945 1946—9 Mos.—194& •*' \! »"-v come J ,V< 1 ; .V. • • .. ,'w (allocated por^ V ' Model 34 Beechcraft which is expressly designed for air carrier opertion) ; ation 14,430,000 *21,360,000 42,470,000 *81,810,00© Ry. oper. revs. ^1.—^ 33,700,799" ; 36,852,481 305,420,567 415,964,873 into and from very small fields. It is anticipated that the -:■■. Ry. operi expenses—; 25,536,979' 187,851,472 231,317,707 $314,971,435 prototype airplanes of-this model will -fly in January or'February ■■■-Ry. tax accruals 3,729,397Crt40,100,i81 39,555,246 }67,044,965 ' 21,073,141 10,188,931 Of 1947.—V. 164, p, 822. ' . " 60,044^194 32,845,95$ 1946. A distribution Sept. 30, „ last year, and on Oct, 26, 1944. / It was further announced that , , . . , . , . . ., • . - , ' . . . . . t . - 1 . . . ' - Other debits or credits Cr84,124. ,Hr224,18t Net ry. oper. income 4,518,547 *11,122,991 Drl31,325 Dr5,326,337 " - ^ 34,416,289 •Deficit, : tlncludes adjustment flue to ending of the period for amortization of ; defense; facilities. 28,622,136 emergency » Obtains Loans for Purchase of - . / , were: ' ;• : . v;-."■■■■-■• VV:: \>f 250 50-ton box the purchase For cars, to be manufactured by the Pullman-Standard Car Manufacturing Co;, $927,800, representing about 60% of the cost, awarded to the Central Hanover Bank & Trust Co. of New York'at.an interest rate of 1.6475%. For the purchase of 350 steel 40-ton refrigerator cars, to be manu¬ the Pullman-Standard Car Manufacturing Co., $2,352,000, representing about 80% of the cost, awarded to the First National Bank of Kansas City at an interest rate of 1.495%. ,' 1 » * For the purchase of four 6,00C-h.p. Diesel electric road locomotives, to he manufactured by the American Locomotive Co., $2,024,000, repre- factured by jsenting about 80% of the cost, awarded to the Northern Trust Comoanv of Chicago at an interest rate of 1.5%. ■■■v->-.; ;f;.v new 50-ton - Period End. Sept. 30— 1946—Month—1945 • Oper. revenues Oper. $ 9,516,567s, 9,095,149, .Cr200,000 — 8,825,216 8,244.127 ^ expenses •Taxes $ Cr261,532 ' ^ , 1946—9 Mos.—1945 $ •• 93,335,535 113,452,397 86,122,114 83,915,774 4,900,000 20,179,041 Equip, and joint facility rents —— 23.982 - 32,488 2,562,842 3,544,850 Net ry. oper. income-, .757,107. 127,398 *249,421 • -5,812,732 ♦Railway tax accruals include credit adjustment of $700,000 for the of September, 1946, .and-$1,400,000 for the 9- months' period representing estimated excess profits credit carryback. NOTE—Figures for 1945 have been revised for comparative purposes » , operation of Atlanta, Birmingham & Coast RR.- $1,745,682 $1,859,697 from General Mo- tors Corp. stock com. 447,712 544,630 998,403 417,116 399,197 507,283 11,306,783 2,714,7- ' 4,224,428 13,409,815 3,878,769 3,391,408 14,753,306 3,451,604 ' 5,000,000 7,500,000 17,500,000 1,823,230 864*840 142,71© 87T002 5,372,052 f 1,186,98$ 5,864,840 8,371,002 24,695,282 930,000 2,560,000 22,500,00© Income from investment in controlled cos. not $2,287,442 2,645.285 2,850,078 2;975, income— —V. 164, p. 1864. wholly ' owned , 1,713,698 . 23,829,672 Prov. for Fed. taxes on otherincome ; (allo- .;■ 2,700,00© Issue— 5,374,840 7,441,002 22,135,282 21,129.672 corporation on Oct. 31 announced that it proposes to issue $50,000,000 of consolidated mortgage 30-year sinking fund 2%% bonds, series J, due Nov. 15, 1976. ^ , > > > It is expected that, these bonds will be sold to a group of under¬ writers headed by Kuhn, Loeb & Co., and Smith, Barney & Co. and will be offered to the public shortly after the middle of November. The net proceeds of the sale of these bonds, together with other moneys in the treasury, will be expended for additional facilities in the st£el plants of the corporation. *. ^ . -f 26,447,981 1,899,956 17,629,933 82,179,876 1,899,956 5,699,869 53,975,625 5,699,869 Bethlehem Steel Corp.—Plans $50,000,000 Bond The , . > INCOME CONSOLIDATED Int. and other ♦Prov. chgs.__!, depletion for and depreciation Net on inc. for 537,293 - bef. taxes taxes 1946—9 Mos.—1943 ' 9,402,356 1,871,012 §49,894,478 17,703,005 727,218,333 §70,105,840 15,308,590 40,504,650 « 31,069,258 " * ^ 7,570,000 10,710,000 7,160,000 $34,980,000 „ 23,499,258 $8.3$ $6.23 ♦Other than depreciation on certain equipment provided for through charge tooperating expenses.. j-Deficit. tCredit. §Including prevision for amortisation, of seip.^rgency facilities. .. . • ■ v . Net inc. for period- Per share of com. s't^. 10,543,005 $2.99 stock .of equity ....... 24,548,025 15,729,977 76,480,007 putstand. shares 11,121,962 11,121,976 11,121,962 share $2.21 profits 1 Amount earned JCo.'s to a in controlled — cos. dividends ; $1.41 48,275,75© 11,116,495 $6.88 J $434 1 not * 694,000. '581,000 19,463,361: 13,902,421 . '■ » ! '" Drl29,000 1,637,00© 52,829,124 ' 41,691,84$ ♦Includes acts. profits provision for liability under renegotiation and repricing tExcluding average number-of shares in treasury. fEquity in exceeded the dividends received proximately these amounts.—V. 164, p. from such X 2016. companies by * ; ;11 ; ap» • •' ^ based income applicable >common tCom. Common ^ 5,175,232 Balance wholly owned I——-, 321,017,191 561,921,282 1,101,882,245 29,815,000 57,684,252 110,577,454 t7,138($55 j , STATEMENTS 1946—3 Mos.—1945 Sept. 30— Net billings ——— 223,535,269 Total income .U—23,415,530 Prov. month io include results of ' railway oper Per. End. RR.—Earnings— ■ _ ry. income— railway- from from Net the General American Transportation Corp.—V. 164, p. 2150. Atlantic Coast Line Gross 1943 1— Jan. Net . \ 1944 1945 . $2,148,094 1,058,580 771,164 railway oper. From > . ; The company rejected all bids received in connection with the funds for the purchase of six 6,000-h.p. Diesel electric road locomotives, to be manufactured by the General Motors Corporation, and 750 box cars, to be manufactured by Net ry. : 490,000 ,1946. , Net from Equipment— The company on Oct. 30 announced acceptance of three bids for securities to finance acquisition of railroad equipment. The awards Divs. R^.—Earnings- Bessemer & Lake Erie September— / Gross from railway-— 7;761,667 :;' $2.05 29,794,650 < . Book-of-the-Month Club, Inc., N. Y .SEC— /v.-. X;/ ^ -;, The company for 300,000 Oct. 28 filed shares ($1.25 par) - ^ ,; Registers With .;v: ; registration statement with the SEC capital stock. Underwriters, East¬ man, Dillon. & Co., New York. Of .th© total,• the company is selling 100,000 shares and six stockholders, including-Harry, Scherman, Presi¬ dent, and Meredith Wbod, Vice-President, are selling the remaining 200,000 shares. Company will use Its net proceeds for working capital to be used for expansion of inventories of paper and other raw ma¬ terials and.book inventories, * on - a .... Volume 164 Number 4539 Profit before 1S46" : - -THE COMMERCIAL • / 1945 ' $2,586,785 Burling(on-Rock Island RR,—Earnings— 1945 •' >; •1944 / 1946 1,889,964 1,363,569 783,163 992,111 Gross $2,045,302 2,000,828 37,590 and depletion—— Federal and foreign income and ex¬ v From Gross '557,942 Net $1,180,071 profit. Class v shares-—-——— A ./ •Un.der 1 the 94,583 200,000 $4.08 106,846 49,758 2,506,631 2,455,355 2,209,338 -<-613,178 ; 126,923 1714. 878.763 625,545 2,158,361 801,205 423,540 440,457 | dates 70,083 53,403 , was high bidder-Oct. 28 for $2,300,000 equipment certificates, naming a price of 99.87 and a rate of trust ; 21/8%. -V -'■/'■■'V ///'••/' '• ." Two other bids were submitted. Co. offered to pay par for 2Y4S and 1— railway— railway—— ' , $3.57 - $3.18 200.000. $2.14 $2.38 .....; m H - Callahan Zjnc-Lead Co., N. Y,—FiJesWith SEC— ' ^he compahy On! Oc^?23i filed ^ V notification with the SEC 28,000 shares ;of SI par common or such number .of shares as will $100,000 on behalf of Harrison White, Inc., New York, who purchased-the shares from the issuer in July, 1938, as underwriter. Price, at ^market.—V. 4.62, p. 2813.* > «• y. provisions of the. -shares, , for Central Illinois Electric Registers with SEC— aggregate -.NOTEr-Net profit in 1943 for the period includes foreign profits to exchange restrictions in amount of $84,784; 1945, $76,857, * ' jand 1944, $68,751.—V. 164, p. 951. The Guaranty Trust Halsey, Stuart & Co. vine., 98.533 for 2s. The issue matures Oct. 1, 1947 to % 1956.—V. 164, p. 2150. 4o/.9U/' --- participating Central of Georgia Ry.—Equipment Issue Awarded— Fulton National Bank of Atlanta, Ga., and asso- $184,056 77,244 *32,479 The -V-pEC company Oct. on for 80,000 subscription f°r . . 24 shares to each '*• Botany Worsted Mills—Plans Recapitalization^— : '■*. stockholders The vote Dec. .6. on a proposed recapitalization H. Johnson, President,, announced./ At th'e;.same on a proposal to change the cdTnpany's name to Net thev will vote Mills Botany * • No. % * • lor-share. . * of which 50,000 shares -into -common stock on the are basis of;four outstanding, will be changed shares of common tor one mfCol. adoption of the 'recapitalization plan /tolifycthe conipiany'y capital jBtryctuye. » said of dividend of m^ . Col. Johnson bine- months Under, would ,9^ ' also * . ended Sept. 29, that i t-w-* company s net -earnings the 1946, amounted to about the present he earnings for xapitalization, Col. .Johnson the year of $13.02 per share "In the event the proposed capitalization r- if!re each for outstanding. * D preferred one The ' offering -consisted at ? S<i)t. 1 in each September— debentures inclusive - Chartered Trustee, /Ct counsel % and these and Trust debentures are HJxecutor /^pani^s registered Company investments British insurance Companies Act, in The which in The preference shares *115,047 • ^64,; :p, 552. ■ ry. 1944 - . ♦393,091 income oper. V. 1,790,100 ^ —V. ^ . interest sec. * '■/ *924,344 164, ;p: earnings $124,900 *43,178 -♦66i63Ll *93,979 *114,955 1,409,000 1,290,600 "329,167 *454,666 *822,953 ... *951,801 - and .class ; Net ;i945 $6,217,000 Taxable sales $226,560 Net income ipiys, $210,758 36,579 : 29,253 stock- pn capital f $181,495 . 193,116 — ASSETS—Cash in banks, 163,062 7 97,650 : 'Total revenues operation.,. $27,260 196,493 loaned /Prov. for ■ of light 1,366,201 1,268,269 212,801 .$23,232 230,474 taxes-. 2,138,194 77,534 2,612,586 2,603,436 taxes-- Operating income-^-/ Gther income /.(net) 101,769 $3,320,179 29,665 ; 1,235,900 Federal Other expenses Prop, retir. res. on Net oper. revenues, Net income —V. 745,364 $1,725,401 $1,762,796 $1.89 $2.31 $2.37 The 2007. 4'/2% (par . *After For p. 2007. $1) (No. 6612), filed July stock (par 55 cents stock, .-.VS■ /;■ '■ common was withdrawn .//' Oct. 22.—V. 164, a a 348,614 $2,229,750 111,760 148,450 J—— tax. 99,750 (est.)— 149,833 1,857,136 • 1,203,784 70,000 .. : 162,759,528 $694,364 Preferred Stock and -■*. . The. ; was PP. 5, -417, • $315,271 5,228 $320,499 161,895, 153,441 Sam $5,210,333 78,759 $3,415,739 780,440 V $1.87 elected excess profits was $419,205 240,000 . , . $1,75 taxes. from - $4,932,104 495,804 — $0.88 - • . Assistant ; ~ >1946 , railway common incentive J 1946 • $604,834 ; ;.-$i.5»: , Vice-President, and Assistant and Guy E. Tysor Secretary.—V. 164. r/.t./T/ - , 1945. , ry. Net —V. 164, p. *18,78,0 23,127 22,878 ,3,141,165 3,494,642 3,305,207 663,701 1,260,897 2,010,974 271,030 595,201 608,232 S6,118 < r!»U2,245 1716. ■ $347,069 $302,664 96,977 83,422 ./ •; 1946 Earnings/-. 1945 ■ 4,449,780 2,320,556 r 1944 5,831,341 1,671,628 / 1943 7,687,642 1,952,627 8,581,545 , 1,098,872 %'i 146,219,289 189,520,333 177,346,463 158,296,2501 42,825,104 79,086,437 68,856,979 72,962,795 20,497,279 income— 1716. " $16,341,213 $18,563,710 $20,609,940 $18,766,117 railway. oper. 164, p. 1943 *3,137 2,787,176 income— oper. from ry. "? $255,836 1,717 *12,920 1-^ From Jan. 1—/ from railway 'Net 1944 . $289,169 - Gross * America—Earnings— "..EARNINGS FOR NINE MONTHS ENDED SEPT. 30, 1946 — of an employees at Chicago Burlington & Quincy .RR, Net / , $364,286, equal Sales key . Septemberfrom railway Net from railway——. as Net and . from railway "Deficit.—V. compared with $132,030 share for the September quarter of 1945.—V. 163, p! 1561. profit after changes & Federal taxes /Earned per share on 564,702 capital shares /•—V. 163, p. 2001. was Net ry. oper. income— .• 1943 240,000 profit position Assistant Vice-President 1590/ Gross from railway—— Net from railway—-1-- $1/311,468 $449,880 and Black From .Jan. - s 1,030,321 . $1.88 officers capital Net ry, oper, income— , 1,761,060 1944 ,240,000 50,000 company working Gross $450,862 ended Sept. 30, 1946," net on the capital ^stock, L. elected .Gross $2,341,789 1945 • grant September— 66,231 $4,102,849 .240,000 $4.99 would of value $100, and 2.000,000 shares They also will be asked to sanction Charleston & Western Carolina Ry.^- -Earnigns- $4,036,618 $5,289,092 1,873,353 $1,198,023 /::: par 1,500,000 Earnings— .1946 eliminate from the certificat* 6% .cumulative prior preference capital stock at $7,000 000 The shares of 4(4% cumulative prior the July 31, 1946 was the (best in its history, current assets?totaled $2,858,708 and current liabil¬ ities $837,014, leaving a net working capital of $2,021,694. // Besides reelecting present directors, the stockholders have elected as directors for the coming year James J. Harris, of Charlotte, and W. H. Barnhardt, also of Charlotte, President of Tryon Processing Co. 7,483,132 125,000 would to authorized consist value. company's 1,831,622 125,000 which reference total ——— 3,683,616 *. all the EARNINGS FOR FISCAL YEAR ENDED JULY 31, 1,917,309 1,500,000 share Catalin Corp. of . 19, covering 35,000 $100) and 427,558 10,21? $1,881,13Q Chadbourn Hosiery Mills (& Subs.)—-Earnings— 2,786,597 depreciation. Federal 'income $1.52 cents •' , preferred ktock share the quarter to - cumulative com. or ..• Big^Iow, St. Paul—Registration Statement registration statement shares p. 1,735.748 $2,402,190 164, prof. Net earnings JL.——™—• Earned per share pn 378,504 confmon shares- : 2,369,333 shares issued and outstanding.- -V. 499,105 options purchase up to 50,000 shares of unissued common stock. The selling' price of this stock will be set by the board of directors. // At present, there are authorized 156,996 shares of $100 par 6% prior preference stock, 30,000 shares of $100 par 4V2% prior preference stock and 2,000,000 shares of $1 ^ar common stock.—V,, 164, p. 17IS. 7,455,435 (A. M,I Castle & Co. Earnings-per .$3.22 ex. to pur¬ ; 164, p. 1365. $4,137,909 . 465,849 ... due securities $2,635,299 $4,132,130 / *1940 1945 ' $25,207,505 $17,749,283 20,164,046 15 358 82U /• —, would 749,348 $167,058 [. stock for period., 1,312,687 ; Subs.)#—Earnings^- — stock, par 149,365 $250,875 $3,038,089 $1 plan which • : - stock 211,654 $412,770 . ■ (& '$4,864,865, i.-— income and fix 150,949 Interest charges,: etc.-— 53,895 "Withdrawn— • for Co?-—Earnings— "$407,816 4,954 (net) 9 Mos. End. Sept. J0—. ♦Net profit share-—— Brown & shares" of approp, $1,405,717 income •JBased ^ // payable, $43,369; due and 353,158 / ——^ $4,079,724 >58,185 ■ 1.059.163 — amendments approve 802,882 taxes taxes Shares of , ^ taxes, "etc., v 1,658,790 $4,078,234 1.840,805 613.503 ~ sinking fund debentures for preference " 292,800 • 1,944,127 per _J/ 1 103,379 3,489,940 $3,349,845 /'Net dividends $56,500; ' 3,440,213 1,453,519 77,4^4 : 11,606 incorporation stock, 1946—Month—1945 :^/1946j--12 Mos.—1945 $1,639,805 $1,550,638 $18,869,674 $18,534,988 Sept. 30— revenues 1,827,323 1,594,767 77,534 $2,982,821 55,268 Income -•Earns, and cash, for expanses, Carolina Power & Light 14,151,834 1,479,029 6,864,390? The common stockholders wijl vote at a special meeting on Nov. ift proposed changes in the corporate structure. They will be asked new , : 51,689 •."Federal«Income of oil '..plant t "General 16,769,591 95,369 , 6.643,144 868,313 &l/£% Net 10,540,139 1,189,713 to 97,650 /v;y;/'///: Feriod End. ; 1946-L9 Mos.—1945 19^6—12 Mos.—1945 $21,233,094 $20,083,453 $28,275,598 $26,905,669 depreciation- JUnortia. accrued against reserves Co.—Earnings- 12,424,392 1,541,981 iMaintenance „ )$120,882 ; • ;,CHhgr income Period Ended Sept. 30— 376,967 Balance surplus ■ • $74,323; 3% deben¬ tures 1, 1960, $1,150,000; $3 cumulative preferred stock, series A ($10 par), $434,000; class A stock ($1 par), $143,405; class B stock (lc. par), $2,400; surplus, $3,803,820; total, $5,809,106.—V. 164, p. 552. "■; ;; :V •Operating 18,512 6,243,565; Grant Stock Options— $25,424/ special deposits for dividends, $37,619; total, ://•••///./• /: r-) securities Operating Operating .*$26,670; reserves for expenses, taxes, etc., $9,660; capital stock ($5 par), : $47,027 v/ BALANCE SHEET, SEPT.,,30, ,1946 $61,289; due A.ug. 7t$2,143,035; surplus/$3,510,920; total/$5,885,467.4-V. 164); p. 552/ Brooklyn Union Gas 180,016 ; on 1943 $739,35a 113,917 ■ 5,995,117 H $173,220 ; 52,3^8 $124)910 4%650 LIABILITIES—Interest special LIABILITIES—^Dividends payable/ $67,176;-due for securities fpur» .chased, $128,006; due for capital stdck repurchased for retirement, 3,472 .52,219,. $144,677 chased, 169,990 stock sold, $16,197; dividends receivable, $21,078; /iMROsits for, dividends (contra), $67,176; total, $5,885,467, f 63,640 :: 151,090 $177,129 1_. receivable. $5,809,106. -; : { (A $208)316 : $698,132 y Appropriation to reserve for ppntipgencies—; ASSETS—Cash in hanks, $316,656; investments in U. S, Government securities—at cost, $201,720; investments ip other securities—at cost, $5,194,693; receivable for securities sold, $32,993; dividends and inter¬ $123,566; investments in common stocks, at for securities sold, $160,289; receivable for receivable *9,575 1944 / 128,726 ^ 37,652 $18,658 /4,938/ • for >tt»rjflTal i / preferred stock. u>n. / $182,642 , J945 $684,344 £ vTotal Ineome Other •. deductions 1944 . $14,087 .158,104 4,574/ Balance, surplus on securities-sold——, BALANCE SHEET, SEPT. 30, 1946 . *«C06tA$5,49-7,158; . $10,002 Profit $214,167 3.1,525 $189,981 $240,935$ —i—$4,566,005 Other-'Income.-r . ,298,859 stock NOTE—Corporation, has elected to be taxed as a regulated' invest'/xment company and as such should have no liability for Federal income itax in respect of net income. / / / /! ' 1945 ,193,741 Net Income ' ^ * 1946 — income est — $47,570 of Operating profit ^ dividends sec. Dividends - — 313,091 72,15® on 5,529 2,479 158,24ft $68,528 20.S58 — Depletion ■ $206,159 416 163,73ft 6,303 ; Certain-tecd Products Corp. 'Net $6,444,000 ' Income—interest..— Cash )dividends'/.^i.*_— : 4,051 ; , 9 Mos. Ended Sept. 30— • Provision 1944 : 1946 97,439 rv. oDer. income.— *496,462 •Deficit.—^V. 164. aTl71fi '/Interest ; $206,291 43,521 10,800 - Net. B,(stocks-ihad^as^et ya)«es of $24,19• per .ghare ;and, $1.03- was $223,293 —— $635,07ft . goods sold, adm., general, etc., expenses Depreciation —r—_— ' 5,953 $118,353 • ' $740,734 from, railway—— frqm railway™—. Cost •/ been 30 //<;.; 1,409 :■ 33,967 stock Gross • per share, respectively. was 1945 1945 1,960 $130,052 35,426 $49,859 preferred .Net ry. oper. income—/ Net ry. oper. income.— From Jan. In- . 1946 *• , — 164, p. 2150. > Total 1946 divs— Expenses ' 168,76ft $629,11® . $60,659 on Gross Jrom railway Gr06S fr0I» raUway—TNet from railwayNet ,from railway 1715. Deductions ___1. "$,267 stock on rr*----1 v_ -Total income ; 44,495 $116,943 iui-i income taxes: BeptemberSeptember— - Capital A(1 ministration vCo,» Ltd.—Quarterly ReptirV-* r.^.' ■ — "Taxable [ ;//. 44,139 198,495 Central Vermont Ry„ Inc.—Earnings^ 1943 . Gash dividends ' 160,627 ; taxes income ——— The summary of assets and liahilities' 6hows that on Sept.^30,/I946 the asset coverage of the 3% debentures was 612%, the asset cover¬ age of the preferred stock was $135.90 per share and the,,, class A ^ ' i -J-Mr.r^■■v « 400,59« 1,030,623 32,312 48,535 — Canadian INCOME ACCOUNT FOR NINE MONTHS ENDED SEPT. : Fed, Balance-.164, p. 1715. Canadian Pacific Railway- -Traffic Earnings— opinion The liquidating value of the capital stock on Sept/30, 1946, per share. This compares with $20,635 at Lhe end of 4ind $19,055 on Sept. 30, 1945; both of the latter figures having sad justed for 4^e4wo-for-onp,6pht-up pf sthe capital stock which «effected on April 30, 1946, •* ' i than Net. income Dividends . .-$18 84 J ;.:3- 50,231 -V. $150,100 *58,810 *615,963' Week Ended Oct. 21-*' Traffic Broad Street Investing Cflirp.^Quarterly Report— ■ 43,196 -$2,588,22» 216,900 > ^ for Federal - - Sept. 30,'4S 95,141 : replacements renewals, retirements Prov. will be redeemable *11,427 '; *68,748 1,586.500 V- , the company hut are *iot secured by hypothec, mortgage or other-charges. This issue is to provide in part funds to reimburse the company for expenditures in redeeming all of its presently ^outstanding $13,200,000 debentures ma¬ turing Sept. 15, 1946 to June 1, 1955 inclusive called for redemption j*>n Sept. 3, 4946 and the balance for other corporate purposes.—V. \ •/,// /;:/': U-:' 12 Mos. End. $554,330 103,873 278,048 „ ; > Gross income———_ Income deductions— f England-^Earnings— 1945 ♦57,898 *Deiicit, 19321 (Dominion) : states,, epm- under Jt piay,invest,their "fund^/; class 'A to yield the .4ebentures.-are:jdlrect--obiigation8-of -/These fund program. $128,092 - Net priced $1,200,000 , S construction $64?-,581 —„ the estimated construction a for of offering ; $177,600 - ; maturing yield 2.25% and $12,000,300 2Va% debentures maturing Kept. 1 in each of the years 1957-1936 inclusive and priced 2.80%. ■ •• : * ' revenues— power for and 100,000 no par value class A / 1946 From Jap,' Vrrr-. from railway Net from railway—i : and ito ' ■> $161,500 Net 1714. . 2V4^ 1947-1956 years , Canadian National Lines in New s, from Railway— common .7 Net, ry. oper. income ' $8,000,000 the of . share. Gross;;frcmi.?3^waj^-- V p. shares,' 100,000 30 days' notice at $103 and accrued divdends.—V. 163, p. 1Q2.3; on .British American Oil Cov Ltd.—Debentures Sold—A. a$800,006 public Proceeds, as the offered share expiration any share. a company Other income—.—™^——— such earnings will he made for listing the new preferred and the New York Stock Exchange, he added.—V.164i tures to be dated Sept. 1, 1946. / Prov. xhe-new preference shares will be convertible into common shares : Up Nov 1^1951- on the basis of four common for each one preferred shaTe. and thereafter to Nov. 1, .1956, on the basis of three common Ames & Co^, Ltd., Toronto, announced recently the jsale? in the Canadian market of $20,000,000 serial deben- *•. the be 3 Mos. End. Sep. 30 1346 1945 Operating expenses Maintenance , Gross '■'* 7E. Purchased fibar^.^iasued^Wl300,00^*™*^ shares flf i ooffunon Application \ $15 the /• ri;;;' operating Total • , estimated, there available fordis- t, stocks on by will present Taxes? other .^OO.OOO for ^,300^000, and is approved, pmpunfr to $4.?4«per -share sovn1 $hf; 626,887 «tockp" Col, Johnson declared. ' 1 < ^ Canadft-Re- Price, held after there with be one Central Ohio Light & Power Co.—Earnings— ; - capital.4itc -50,000 preference shares, and .500,000 common shares. new-'Common pioc».,c - disc-osed would , present ' shares. be its determine theauthorised ; . { $0,17 V 189, will for will whether will of rate at and contemplated is not underwritten.—V. 164, p. 2012. Issue k shareholders -Vetspecialgeneral the tjribution pn fehe 100^)00 jshares spf; presently authorized 3 stock <4>f which 50,000 shares are in Jjfee tyeasqry). , ' . > $0.10 - -tAfter charges -and Federal taxes;-—Vw 163, p. It statement Shares common. stockholders preference .shares from 5% $100 par cumulative re¬ sinking, fund first preference shares to 4VSi% $100 par cumulative convertible redeemable preference shares and for increasing :the -company's * capital by the creation of an additional 25,000 $100 par 4 Mz '/ok shares and 200,000 no par yalue common shares, .bringing »et earnings for the year are expected to reach about $3,600,000. * Nil used 400,000 4>f the .pjau, the directors propose to declare a ' 50 a sharp on the ^coniniQn-^tocJt«#^;/none of'.which £i&ye. been issued, .aiejaqqea^ v; .400,000 be deemable sim-; would; • ii','I7pori-tlW-^wdoption t { share per unsubscribed $1,200,000, to ^68,139 400,000 /// —— *76,511 held. warrants Rockford, III.— registration a par) Co., - Johnson * shares the at ■v meeting held on Oct, 31 approved By-law No. 30, which provides for changing the designation stock of B < /The .a share, is to be changed into common .stock, sharepresent B stock, which represents • the equity ,in the The and company, . capital Profit, of 1944 capitalization Approved— A andB -stocks would be changed/Into-common stock plan.' The present A slock, of which 226,887 shares are outstanding, and n.ow a non-cumulative junior preferred stock re¬ the deemable .at-$25 216,177 Canadian Food Products Ltd., Toronto, stocky its- was disclosed. . 1945 $3,246,328. $2,9/6,797' . shares purchase •./period-*- present tjnder 1948 $1,763,479 ———4.—— $1.25 .The •;• ... of Earned proposed -plan .-of - recapitalization, the present $10 par cumulative'preferred stock, of which 134,733 shares are outstanding, would be .^exchanged on a share-for-share basis into a 'View $25 par value -5% cumulative preferred the Under •yalue June 30— sales. tNet loss five stock Corp.—Earnings— . 6 Mcs. End.' .... will Col. Charles F. time V '* Callite Tungsten -• Gas & filed- ($15 common , plan. 2283 The 1943 . $292,841 24,003 ; , from from ;Net ry. oper. income subject .4. Jan. V $262,876 .26,715 ttttk* ;94,583 94,584 200,000 . -V . /^♦Earnings per class B share... i $767,239 $862,209 ■"'Earnings per class A share Class B shares.: $247,315 ft " profits (axes-— Net railway—. railway.i. Net from u - from 38^388 I Wet V: °ver. income..- 35,0-44 FINANCIAL CHRONICLE September— ' 'v;1944 $2,840,771' deprec. and depletion- Depreciation cess • Subs.)—-Earnings— Bon Ami Co..(& ■ -'9 Mos. End. Sept.130— Gross profit on sales—— ——/ v ' . 24,140,209 20,101,145 32,471,092 I Chicago Rock Island & Pacific Ry.—Sueks to Buy In $55,000,000 of Its Own Securities— V v The company has filed a petition in the U. S. District Court, at Chicago, 111,, for an order authorizing the purchase of its securities by tender. It suggests the use of $55,000,000 or such amount as the Court finds available/ / '•?/■ The petition requests notice on The Commercial and Financial Chronicle or before - that Nov. .20 • •- the Court requesting authorize tenders the of trustees bonds and to to give fla (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher; William Dana Seibert, President; William D. Riggs, Business Manager,. Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday], Other offices: 135 S. La Salle St., Chicago 3, 111. (Telephone: State 0613): 1 Drapers' Gardens, London, E. C„ England, c/o Edwards & Smith. Copyright 1946 by William B. Dana Company. Reentered as second-class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3. 1879. Subscriptions in United States, U. S. Possessions, Territories and Members of Pan-American .Union, $26.00 per year; in Dominion of. Canada, $29.00 per year. Other Countries, $33.00 per year. NOTE! On account of the fluctuations In the rates of exchange, remittances for foreign subscriptions and advertisements must he made in New York funds. frm—nm—-—i— ' '■ *••/■ i " /-•■ . - - • SV",:f-r-i 'pjA;«<f. 2284 V1# rr'?; r r%. '; 1- C^v<- /J ' ^^A'V.A:!VV « A 'A'- I.i >* i' 'f ;X*M\, ■"A V AO /i V" Monday, November 4; 1946 ■> FINANCIAt CHRONICLE THE COMMERCIAL & Sr, V A Dec. 10 the as last day cn J. Columbia Purchases market ^ . received. which tenders may be suggested at prices with, a cejling.of 20% above the closing of Oct. 19 and would be limited to first lien mortgage bonds. are .Diesel that $55,000,000 is found available for the purpose, ine proposes allocation of the cash on the basis of percentages by the ICC modified plan of reorganization of Jan. 3, 19*4. The purchases would be made as follows: - General A 1 \ ' i°88———■— of 4s v' - Secured 4%S of 1952——— ; T- L. R. & H. S. Wes notes -i- 60 : ,. * $55,000,000 - Aaron also Colnon, Ations of the modifications and terms vertible 4V2% petitions were 164, p. 2151. attorneys and AA;A , estimated about $748,500, at to locomotives President, under persons trust the will be for used Of Offering purchase ' / the total of ,r price, the 56,420 machinery ,A a" , A' * United and equipment States. is Issue China to not and The and underwritten.—V. 164, share-— per taxes the two Net from Net Net from from railway railway. Net ry. oper. - income-- " From Jan. 1— Gross from railway Net from railway_„___ ry. of periods amounted "$4.43 current $3,550,000 to ! shows sheet $7,231,000, and ' - - assets in oper. During 3,723,917 from 1946—9 Mos.—1945 $933,648 $1,351,973 $3,400,417 $0.26 $0.38 $0.95 share— ended s in "Sept. maintaining all 1946, 30, $5,005,692 $1.40 of Oct. expenses the organization for financing field were instalment income— 1,045,019 131,370 214,377 80,986 25,374 p"ni7. 164, substantially in the current quarter, the service charges and insurance premiums arising from this business have in large part been deferred are accordingly not reflected in current earnings. In this con¬ nection Mr. Dietz stated that consolidated deferred income, including unearned premiums of National Surety Corp. and Servicee Fire Insurance Co. of .New York, had increased ,to $23,547,953 at -eepc. Sept. 30, 1946 as compared with $13,863,768 a year ago. Operations of the factoring divisions and National Surety Mr. Dietz reported, continue to be satisfactory.—V. 164, p. 680 ». > ■ —————— •On tOn U——— - share-- 734,565 578,445 shares of capital shares common mr-NOTE-^-The above $1,857,089 stock after figures for t$1.48 (incl. shares). 13,100 treasury dividends. preferred assets in accordance with 7X" 1945 Increase the terms of a contract effect in at the company for 150,000 shares 25 a' registration filed ($1 par) capital statement with usetj to pay off York; purchase equipment The route. Balance will and be development used an increase to working capital.— ^ Vtricity transportation history,, this corporation on Nov. 15 will inaugurate special drastic round-trip fare reductions for one-day and seven-day excursions on all schedules over its entire route to be in effect through Feb. 14, 1947, it was announced on Oct. 25 by Bigmund Janas, President. V The one-day excursion. is reduction of 21Va% excursion - .is offered from the for fare for Although certain past, to round-trip schedules and half a this is the the be first sensational fare > excursion have been reductions from from Gross Net ;Net one ry. Ry.~ $983,558 82,830 income •44,138 income •Deficit—V. 25% or from (electricity 1946 of 194,519,000 176,795,000 ■ X ' 7-:x:;AAAA^aXAA 10.0 energy of week in » \ i»< definite terminals Gas oper. oper. Total 1946—3 Mos.—1945 $10,476,689 revenues- revenues 2,690,013 77,883 oper. city to other any 1 , 164, p. A city on all 1,250,814 Operating Income Other income — Gross income -Earnings— 1945 $2,089,843 X; 188,391 1943 $1,543,517 $1,250,985 514,211 455,552 239,514 v,.301,354 249,724 v A Other $2,248,360 10,250,310 4,350,033 Gross Net Net ry. railway railway—, oper. From Jan. Gross 1,810,778 2,108,400 ; ry. income— 1716. 1943 45,907 A 21,043 Net p. 1944 $138,147 44,140 22,269 31,640 XrX $135,045 30,622 6,395 967,898 * - V Xn 298,581 1,150,698 372,482 189 826 177,111 A'a?A '.•■■■ 1,260.281 435,857 293,600 1,321,956 497,093 . 196,160 $1.79 to 6.340,417 326,117 A—AAexps... inc. Fed, tax 112,500 363,750 337,50® $8,743,283 $4,315,717 25.030 54|37» $8,768,312 365,909 $4,370,089 $1,433,358 161,900 435,792 income been reflected the -in the - 42,954 41,064 $1,514,094 $7,142,088 $1.02 $5^02 Net equivalent to A. reductions in Federal taxes on 1946—4 Wks.—1945 ■ income bef, bonds expenses income tax Minority interest /■ per after on There share— 867,492 shares %f been called c/mmon di^end Redemption— have ——. " - 2,145,178 the upon of full the called 4,613 7,773 $214,822 $1.47 A A $0-22 stock presently requirements.- ; presentation " of the outstanding a 1 14,184,030 '9,518,99® $7,250,284 $5,964,799 $4,644,167 2,856,631 2,853,971 2,853,971 $1.65 $2.43 $2.09 $1.63 4 > $5,381,295 for depreciation, $7,023,626 for estimated income profits taxes and $1,000,000 or other contingencies.—V. appropriated for inventory 164, p, 2151. Inc.—Earnings— EARNINGS FOR SEVEN MONTHS ENDED JULY 31, 1946 $1,336,728 $2.78 > :XX/■" / /XX v A . ■■XAN'-: ■; . ?Coty* Inc. (.fe Subs.)—Earnings— •■■■■ {"■■■ rv^f,-,->a 1946 Other Income • Fed. " * 1944 $4,352,349 37,462 $3,344,023 1,019,377 24^16 $993,712 Operating profit after depreciation- 1945 $4,760,834 939,641 ' 54,071 — $1,667,947 $1,044,293 income Inc. Reserve Net and prof, exc. 1,630,485 . taxes, net. 458,850 0 contingencies-^— for — . profit $534,862 —— No. of capital shares Earnings per share —V. 1,147,960 ,75,000, - 651,230 $444,987-- '* 50,000 a 1,472,906 1,480,906 $343,063 1,472,906 $0.30 $0.23 $0.36 * 162, p. 2940. y-rsy. .-'...y yy •, **• y /.'Ahyy ] y y ry ^ Crampton Manufacturing Co.—Dividend No. 2— .The share, directors p. have payable Nov. distribution 1717. of declared 27 like to a quarterly stockholders amount was made of dividend record on of Nov. Aug. five 13. cents An AVXXAy See per initial 30,7 last. —V; 164. A AX (The) Crosley Corp.—Special Meeting Nov. 18— debentures Aviation Corp. rbove.—V, 164, p. 1867. . A/y. . plus Consolidated Paper Corp., Ltd.—Bonds Called—* All 1943 2,862,381 - 6 Months Ended June 30— Gross profit outstanding, for price, $5,292,733 share— 'Av-; J~-';::A 323,821 may receive immediate payment accrued interest to Nov. 29, 1946, and surrender of said bonds.—V. 164, p. 2014. redemption 1944 5,946,472 *13,404,922 A———— per 1945 543,256 815,676 $1,321,729 XA-"' . „ profits taxes— profit Total redemption on Nov. 29, next, at 102V4 and interest, $669,000 of 15-year 3%% sinking fund debentures dated Sept. 1, 1945, out of sinking fund monies. Payment will be made at the American National Bank & Trust Co. of Chicago, trustee, 33 No. LaSalle St., Chicago, 111. Holders , , Sal^s Up 60%— .A:,. —————— allowing for preferred Partial - — Net income —i- •Earned ; : :: 'A A v:;;-• A-A-'X-a-' $11,239,205 $20,655,216 $20,148,829 $14,163,157 — profit after all charges and taxes—. ; Earnings per share on 478,515 shares common stock —v.; 164, p. 554. and Sept. 21/46 Sept. 22/45 $31,878,356 $19,821,778 , - EARNINGS FOR NINE MONTHS ENDED SEPT. 30, 1946 : Net income after .ail charges and taxes—l'—,\,$515,73& Earnings per share on 425,000 common shares $1 21 —V. 164, p. 1717. INCOME ACCOUNT —A-—- 1946 deprep. and excess ; 1946—16 Wks.—1945 after quarterly - AXA/aX/AX' Net in also announced that "sales In the current four-week: period continue on a very favorable basis."- — Xr ■ $50,000 Coro, Inc.—Earnings— $9,493,307 $47,110,681 $29,315,086 v $1,883,904) of 159,252 company "^CONSOLIDATED $5,078,293 amount this Continental United Industries Co., $4.73 $1.23 $615,238 u statement; however, it was not statement for 1945 until the end - financial Shares of common stk. ($2 par) i $6,798,442 $ *50,000 $2,033,904 *150,00® In. the in to 12 Mos. End; Sept. 30— Profit •Includes -t 635,575 $5,228,293 150,000 year.—V. 164, ,p. 1080. Earnings 513,072 —' $665,238 $2,385,240 "goodwill" effect Deprec. and est. inc. and 2,303,561 , $2,435,240 50,000 to of given ''.A; $9,105,639 2,123,710 2,358,374 264,973 ; —! 12 Weeks Ended— trans, Amortization has 410,238 1,290,372 3,174,110 170,428 —,— from opers._ of goodwill,^. price decline ; 568,952 ' $15,232,324 The of 516,159 Continental Can Co., Inc.—Earnings— (Including Wholly-Owned Subsidiaries) $9,774,328 Consolidated Grocers Corp.-—Current A 579,904 excess earned surplus 668,689 -——3*^ Period End. Oct. 19— a 979 86® 2,034,831 173,370 15,563,385 $4,038,717 121,017 1,482,460 ——, Fed. for 974,584 2,024,963 121,250 '.AAAA-—— for 17,762,377 $4,024,196 $1,417,020 14,521. 16,338 — 8,475,774 $2,124,110 $11,889,145 29/45 5,347,470 325,833 817,227 • 888,189 195,967 — pension fund! and 650,991 —39 Wks. Ended Sept. 28,'46 Sept. 29/45 Sept. 28/46 Sept. • Net profit from oper. .Other income ; X Subs.)—Earnings—. —^-13 Wks. Ended 6,263,812 > ""A/ , Net 164, 1945 $123,597 168,331 1944, 1945 and 1946 resulting from redemption of certain from losses on sales of real estate.—V, 164r p. 1867, 2,355,520 51,273 income 1— from oper. 1946 $134,885 X, railway from railway—Ai-t —V. A"; . from from •Amounts 3,944,647 Colorado & Wyoming Ry.-Earnings— September— 5,678,128 6,156,488 $1,955,773 $11,238,154 454,231 Earns, per com. share— V.l;' 12,238,834 3,682,670 $1,401,962 $4.85 admin, excess $1,751,174 deductions income •Based 11,757,680 1716. X"X'-:A & Cont. 1946—12 Mos.—1945 1,517,278 2,245,995 158,516 — ------ premium on bonds— •Reductions —— Federal '« 3'A 1944 $1,310,617 A 476,518 Gen. Net ' Int: and amortization of Sales . America—^Earnings— $4,803,108 , Amortiz. $9,982,584 $41,688,000 $41,809,937 2,455,302 12,225,219 12,334,705 68,620 1,159,426 1,078,284 2,012,348 —————— 3,424,817 $0.51 Depreciation Advertising a the $3,416,432 1946—3 Net inc. $13,244,586 $12,506,508 $55,072,646 $55,222,927 7,691,580 6,787,454 31,999,875 31,377,700 revs Operating expenses Deprec. & amortiz.—— on "$9,763,517 $40,663 $32,804,735 $26,421,317 $87,500,616 $75,422,000 Cost of goods sold— 20,908,599 18,22.7,897 57,051,755 51,674 547 Cost of delivery & sell. \ 1945, i\ > 57,403 $6,841,250 $399,828 sales Prov. subsidiaries of 6,691,129 A $2,110,5jY , Net Prov. AX amounted to 187,800,000 i kwh.,' compared for the corresponding week of last year, an Sales between A „ electricity Period End. Sept. 30— .82,288 $326,089 $12,228,712 285,426 2,465,195 $934,907 !— — to kwh. 446,868 1,621 Continental Baking Co. (& generated amounted 178,600,000 Electric the 692,789 $1,140,364 205,457 — share.—$2.13 per taxes The seven-day slash -X:aA railway— 8,046,155 railway— A 971,708 oper. quarter, a fare. $1,833,662 $16,243,096 $17,990,692 813,161 3,485,225 4,400,908 37,354 Cr3,929 • 1A..U.: jprofit Total increase of 5.2%.—V, 164, p^:.2151> Net from from a > to 1946 railway From Jan. 1— or 164, p. 21ol. Septe'mber— Gross from railway Net fares offered Colorado & Southern Net' ry. oper. and traveling public in the first time >4n air transportation history—and believed time any transportation carrier—has offered such X routes and schedules.—V. ^ fare regular round-trip regular round-trip fare. X • offered Net Earned and purchased) for the week ended 202,500,000 kwh., compared with 180,200,000 for the corresponding week of fo 1945, an increase of 12.3%. Ldcal Net air expense-i Interest , \Oct. 27, 3,243,634 8.848,294 Crl,484,690 Mos.—1945 1946—9 Mos'—1945 $22,383,135 $18,084,331 $62,999,135 $56,494,268 •Net profit 3,686,382 2,205,6i0 8,029,206 7,070,405 Prov. for Fed. inc. taxes 1,400,825 1,705,782 3,051,098 5,368 443 Prov. for inventory and ' ' ' contingency reserve^ 175,000 100,000 175,000 300,00® * Offers Drastic Fare Cuts— For the first time 2,718,369 3,366,188 — 11.9 Consolidated Edison Co. of New York, Inc.—Output— vv.. company on Oct. 30 announced that System output of elec-v /The i the of Ber¬ expenses 735,861 Cr718,656 $1,463,275 289,485 10.2% compared with 238,259,506 for the corresponding increase of 38ft$>,414 or 16.17%.—V. 164, p. 2151. as , New muda 29,649,692 6,460,325 disc't, Period End. Sept. 30— Sales 13.6 176,186,000 corporation adjusted to show general business conditions of terri¬ tory served for the week ended Oct. 24, 1946, amounted to 276,779,920 stock. Underwriter, AuchinRedpath,' Washington, VD: 1C: ' Net proceeds will'be a $550,000 lean to the Continental Bank & Trust Co. Parker closs', Oct. on 6,819,250 608,712 164, p. 1867. 181,307,000 this Taxes ColoniaH%ijrlines, Inc., New York—Registers With SEC The SEC and Balance —V. 175,736,000 do 1716. p. debt exps. other than adv. Co.—Weeldy Output— weekly kilowatt hour, output of electric Steam heat. oper. revs— ■ not include earnings of the Candy Division of. the company after Aug. 31, 1946, which belong to Chase Candy Co., St. Joseph, Mo., if they purchase the Candy Division present time.—V. 164, 1946 28,481,285 558,041 profits tax The $853,269 *$2.53 ' — of Period— Consolidated Gas Electric Light & Power Co. of Bait. Net profit Earnings per 2,374,417 Copimonwealth & Southern porp.—Weekly Output— ; with 1945 $3,025,103 2,171,834 this A ; by 29. thqt 8,762 Divs. on preferred stock 199,608,000 197,146,000 distribution 1946 taxes—-!'-.-———$3,010,666 taxes —^. 1,153,577 reports 957,885 Income 199,746,000 Oct.^T Clinton Industries, Inc. (& Subs.)—EsirningSr9 Months Ended Sept. 30— homes of aluminum and plastics followed ——^ deductions Net Registration State- , 1946 19 ^$wh. ■■ ■■ • Plans Volume — •Before Federal taxes.—V. 164, p. 953. —V.: 164, p. 2151. and of Other 122,882 24,776 12 O. income 1,216,454 aAaAAAaA;A 26 Oct. charged against this reserve was $255,000. Dietz, President, stated that while volume of business the instalment financing and related insurance divisions increased Federal oper. Oct. postwar amount Earnings before 1,202,389 Week Ended— charged "In the nine months ended Sept. 30, 1945, a portion, namely $765,000, of such expenses was charged against Reserve For Contingencies. In the. three months ended Sept. 30, 1945, in 10,247 1,256,751 158,725 •35,809 income___ , Electricity output of the Commonwealth Edison group of companies excluding sales to other electric utilities, for the week ended Oct. 26, showed a 10.2 % increase > over the corresponding period last year. Following are th'e kilowatt hour output totals of the past four weeks and percentage comparisons with last year: Subs.)—Earnings— 1946—3 Mos.—1945 requirements in t against current operations. Arthur •13,172 4,041 •5,083 Commonwealth Edison - business the 28,366 4,633,978 the nine .mont1 developing an incurred ^♦9,164 $109,758 registration statement (No. 6571) filed June 28, covering 20.000 shares of AVa % cumulative convertible preferred stock (par $10) has been withdrawn.—V. 164, p. 274. 27,177,756 3,366,080 . '' y '• 587,791 long-term debt. on prera. ; The if 2,074,581 Net prof, after all chgs. & taxes ———_A! com. $151,109 Commonwealth Aviation Corp. 12,920,170 Period End. Sept. 30— per $113,711 ment Withdrawn— 488,094 11,538,920 '>.* v. 2,802,354 depreciation Container Corp. of 18,240 •10,516 railway—— railway for Amortiz. . 1943 1944 $141,579 railway •Deficit,—v. 1,332,110 9,021,599 : •', 1946—Month—1945 1946—12 Mos.—1945 $5,820,066 $4,656,176 $64,493,975 $58,578,023 expenses Gross income —AAInt. of $32,776,000 working capital of 1945 1946 from ry. $2,962,181 4,893,728 C. I. T. Financial Corp. (& Earn, ' "V . statement Amortiz. of plant acquis. 1943 1,111,671 376,065 &< K'A A 26,312,558 28,749,862 21,723,208 Net ry. oper. income —V 164, p. 1716. - Prov. 393,902 From Jan. 1— the Cincinnati New Orleans & Texas Pacific Ry.—Earns* Gross t'" -'V '.'/-i -V revenue——.— Operating Columbus & Greenville Ry.- --Earnings— Gross 1944 $3,013,326 'V* of pre-fabricated The or Consumers Power Co.—Earnings- $3,648,855, 1,945,168 $5.25 ' balance liabilities September— from railway Net 1946 " 1945 $2,441,594 $2,456,954 533,348 729,711 289,431 316,653 Montreal Canada* or at the London, England'. or 1945 3,450,490 610,349 —.A-.— for consolidated current Net September— of ?t c"mates is being given serious consideration Harry Woodhead, President, announced on Oct. (^justraents $7,000,490 , Gross 824. p. Bank Toronto, York, N. Y., _;V General taxes.. Federal taxes A-A.---.— resulting approximately $25,545,000,—V. 154, p., 1080. The to merchandise import ..." ■ V theor Vultee Period End. Sept. 30— Gross > 1946 , machinery at this company is planning to enter the building field with volume-produced homes. X; > w 14 ,71?d.el of tlle new home is now being built by Convair's 1 oi^lston -Downey, Calif., on a schedule which calls for completion in November.—V. 163, p. 3131. A-'> * ' ' /.V '' v'; •' ^ "A ' ^ \ "-''r .V1 '• / '• X'"' • ^ $7.25 a shaye. Pro¬ and inventory. Issue 7 $1,703,638, respectively. applied N. J., plant. made /1 Woodhead's 6.-^-Registers With SEC ————— shares Af Federal the company is to serve as a United States base for the development of Chinese industries. The company said it Intends to adapt American machinery and equipment for use in China, to train Chinese industrial personnel in the United States, and to export ; AAem.?e corporation 164, •Computed on the basis of the presently outstanding number of shares, last year's earnings would be equivalent to $2.85 per share. of purpose ']f - ,• Volume production shares trust agreement in satisfaction of a agreement. underwritten Earned SEC—- be in Aircraft Corp. Output of Prefabricated Homes— are said.—V. registration statement with a common. tNeV earnings after taxes working capital, payment of indebtedness and to provide aid in establishing a branch plant in Canton, China. to Company^manufactures condenser units at Linden, V; engine mine be 3803. p, IDA, .v; •. • additional as capital "7 diesel A/, . #; Consolidated the trust to the company; 10,500 shares are to be options, 2,300 shares will be sold to employees and that the remaining 20,360 shares will be sold to per¬ Gross earnings 7A"; >J -A-/A A expected are on the end of Palmer's Cos Cob, by Years Ended June so— dividends, cumulative from July 1, 1947, and to participating dividends. Company expects to sell the stock largely to members of Chinese com¬ munities in the United States and elsewhere. Price, $101 a share. proceeds, delivery by Columbia Pictures Corp.—Earnings- . The company on Oct. 24 filed a registration statement with the SEC for 7,500 shares <$100 par) class A stock, entitled to 6% preferential Net for satisfy under Common China Motor Corp'., New York—Itegisters With to par) concu- for A "--A-' for filed 28 Oct. on issued to ceeds V. ;A,A,'j ; SXAA-A engines completed Edwin Alexander, shares'($5 89,580 be is not various it has certain holders of the unsecured con¬ bonds. Hearing on both the Colnon and company scheduled to be held before Judge Igoe on Nov. 1. by approved contract begin, shortly, expected sons appliceb'e to the indebtedness, has been opposed by committees, indenture trustees and holders of senior bonds, been Columbia's to loaned is it The Calnon plan, which for debt reduction.,, co-trustee, certain^offers includes to are issued to be A company funds Jan. company's interest of for debt outstanding Oct. 21 amounted to 8305,811,600, 1 this year, the total claim is $427,316,209. After the proposed bond purchases, the bonded debt would amount to $214,162,600 and the total.claim, including interest, to $299,490,574. The company's petition was filed as a substitute for the proposal oi The With diesel to \ will Canada of • The : SEC Totals 2,000 Columbia Axle Co., Cleveland, 54 2'fJ3.000 w ..WAoUU — for expected 46, 3,745.500 - A. L. 4%s of '34— another expected is 77 ; J'®2?'?nn " — Short Line 4%s Of '41— I. 8,475,500 which ——^V* the units will be produced at portion of Palmer's present production .is now being Columbia's plant in Somerville, N. J. Deliveries under at 51 59 22'2?5'tSS contract a of Most plant. Conn., handled 83 $H'7qs'^no —— awarded been March. Price Each Issue —A— ASf—^ First & ref. 4s of 1934—— Choc., Okla. & Gulf 5s, '52 / 1 Bros. monthly schedule a Aver. cash Allowed tccup R. has up A Payment Bank Montreal agency of either of said banks in New aSIAiAa : . A "''V- interest. Royal Engines, Inc., a subsidiary, -and one of the oldest and largest manufacturers of marine, gas and diesel engines in the country, Assuming ; Contract—Xy'A^.. Palmer company set Aircraft Products, Inc.—Unit Receives Large * first mortgage bonds, 1961 series, and 5V2% first mortgage sterling registered debenture stock, 1961 series, have b6en called for redemption on Jan. 2, 1947, at par and 5% % X; Curtiss-Wright Corp.—To Pay 50-Cent Class A Div.— A dividend of non-cumulative record Oct. 24. 50 cents class This A per stock, share was recently declared on the $2 $1, payable Nov. 7 to holders of with $1 per share paid on Aug. 27, April 30, Juno JO, Sept. 29 and Dec. par compares last, and 50 cents each 01. 15, 1945.—V. 164, p. 1867. A : Volume 164 Number 4539 Dayton Power / & Ligfit Co.—Earnings— ; 3°— 1946-3 Mo's.—1945 1946—12 Mos.—1945 other inc. >$5,550,604 /$5,150,360 $24,701,689 $22,691,441 3,073,152 f"vM f®5Ldep"Ci-—— Sal th?n Fed- 453,355 federal income taxes—. :Mf- charge -f • '' 11 50j!ie,,———dividends'-.u. $843,073 112,502 deferred J'^1'-e*ce8®-Profits *h* 1,840,764 1,739,692 2,502,000 ^•°°<) $6,070,571 "J * $4,142,861 450,011 112,502 y taxhas been reduced - $990,000 10 v . 30, are both 1946- in The special non-recurring.—y.t ' income 164, deductions charge p.. and for the the 12 reduction v>tnm —V. Consolidated r!L £ KiSSd They WUl also creation of 1718.;//■^rr'e!:i:PP'C':PP'^ vote on 3 The Consolidated Diamond Mines of , $307,964 129,739 . ssss • V South-west Ltd., ' .■» - wma^nfng^^Tso^^rdln" ;.'J InfutoS SHele^! into shareholders to the ' of Bonds— Net Hine' tl}u directors lnt,end,earJy In 1947 to offer to all holders rvrtinofvthe company itself) of^Consolidated Diamond Mines D^ff??pri Rhure* iho' in H1611" sl?ares for De h ry. Prom Jan .The intended offer if accepted by all shareholders would require the issue of 4,050,625 De Beers Deferred shares of 5s. each, equivalent to 405,062 of the existing Deferred shares. The present authorized shares and: 1,272,789 of 1,886,298 25 089,784 32,405,543 32,896,919 31,689,428 16.965,993 17,652,155 9'51W9 M98'431 ' 1946 Gross from railway under consideration ^a?In!bi1ityc^LC0i"ve^i"8 issue of stock in pl&ce company's Articles of common however, make practice. Dumont The p! ti* for the conversion upon.—v. of 164,* p. general Articles shares meeting of of into stock so should to as this now make be course being stock provision 23,169 18,667 13,106 1,917,800 138,231 *263,280 2,024,700 2,476,900 708,541 1,965,900 404,812 7,738 246,632 186,418 Electric n 1 obaroc COMPANY York Jan. •In addition T 40,» heg.n Ohttihution .7 Its sorting, on m^ f1 t a new contract signed with London, Jack T v4 , Kapp, President, announced to providing products, the for greater exploitation of the company's Mr. Kapp said, will make it possible for this country many outstanding recordings Records, Ltd., of classical works by famous artists as popular artists who are familiar to- the .millions new Corp.—Common t> ^ it -.4.:o Abroad, of weil as and men 164, women who served ln the armed forces Par.kinir fJorn— Snlit<? Uommnn ritCKing v/urp« ppuis voinilion onlH as Stock An increase of the common stock to revealed certificate par value stock of Oct. on of will no 28 be Issued p-. nv.j all stockholders in to stock new * company states that the step structure moie consistent with its taken was for Such to provide greatly expanded volume demand cooked a of fluorescent the neighborhood with compares ending Feb. p. sales 1042,' 28, of an 2435. of $20,000,000 for the current' year, __ _ __ 43cptember»-Gross from railawy— Net from railway——— Net ry. oper. income^™ _ stock Common (par 10c) " $4,124,553 which Colony Corp. V. B. Christie $4,231,163 7.333,437 38.221,228 9,999,003 3,743,933 6,596,326 4,584,312 . 2,622,639 — receive cash proceeds which and in September— 1946 railway— $5,584,978 from railway™^™ ; 893,232 1945 of Net ry. oper. mcome_„ Gross^rom railway-™railway.™ from Net rv ry. nnpr opei. 256,294 280,137 50,373.!96 - 56,065.421 6,728,091 • 580 269 income.™^2,&8U,2by Co. 'Deficit* < , 1943 Net $6,781,787 1,941,142 737,378 —V - 9'532'050;y ui of the 164 / between Cayuga u. 2151 Oswego and Ithaca, N. would be purchased at $36 a ' Y. covering 131517.3 drawn.—v. statement shares-of 164, p. 2015. (No. 6614), filed cpmmoh . stock with share (par > the $8), >; ■?; for under SEC has July the been 19, the from Jan. INCflVIF 21, and • futUre not earned first company's more Colony Corp.. as public offering 20 , C ^669,778 ' be of given to be applied to the redemption, of all ' bonds; series A 3y4%,. due Nov. the principal amount of $6,500,000 (old cumul. BUSINESS <& the new preference in Stuart Co. & Inc • \ .1946—3 Mos.—1945 ' share- $865,887 ..$0.97. $483,155 . $0.69 $2.01 100,000 350,000 200,000 350,000 Thcmas 200.000 F, S. Yantis & Co., Inc. r.fc $3.44 & Is-o'r Company— July 31,'46 . - Depreciation, Fed. Fed. norm, >',$2,299,307 871,661- exc. Other profs, taxes operating revs.— Other inc., net-™--™-, Total income — amortiz. & "special charges''" 1944 $3,843,729 1,271,824 471,000, which compared with a total of $50,692,000 on June 30, 194b. vv. 163, p. 2578. ■■ •* ,••• \-.::rvr;y .r--,,:' V;";:v0 362.440 183,562 181,869 292.417 288,978 439,408 382,878 195,800: 210,630 802,879 24~1,575 392,577 371,782 440,959 $1,407,250 $905,784 $1,107,876 > " $642,569- / 10,224 $652,793 633,690 3;382 25.3G9 .6,237 $1,410,632 $931,153 $1,101,638 , Int., 124,014 226,272 296,230 490,416 $528,778 $1,184,359 $634,923 $611,222 As of Sept. 30, 1946, company had unfilled orders amounting to $64,- with- 1943 $5,286,370 1,922.176 175.000 tax Net $4,048,445 1,389.760 256,928 sur. ™——™ -j.;) 1945 •111,572 —■> tax; <fe -Calendar Years- "f?Mos. End* operating irevs. Operation /™-™—™™ Total ■ depreciation and provision for estimated Federal income.;. ; v 100,000 .200,000 200,000 ™-..™->.™„™ comparative income statement/ " $2,424 423 land 600,000 Co. & Zxv i". 2016. 1946—9 Mos.—1945 $1,793,730 and the Rctan Mosle and More- Co._'_ Co.__ the Inp —Po-Transfer ASCIIt inc. L.0 iransier /igeiH Company Kendall, Inc. $3,700,000 - & Blair . p. the same several underwriters Collins ,& William The to Texts purchased by each are as follows: Patterson. Copeiand & Mullaney, Ross & Co—. Manufacturing Co. (& Subs.)— Earnings— ° — of the names principal amount of bonds to be Halsey, The Illinois Company— stock. in . . immpdiate immealate subscribing incorporated was energy at retail in 14 communities in Texas and in in New Mexico, together with the surrounding rural communities Otis preferred 15,000 shs. 150,000 shs. 30, th^. the Company, ; estimated combined population of 182.000, of in the metropolitan; area pf El Paso., None of figures include military; personnel. The company also furnishes power supply to Compania Mexlcana Productora de Luz y Fuerza which serves a population of 62,500 in Mexico adjacent to El Paso, including the city ot Juarez, Mexico. On Dec. 31, 1943, the company sold its transportation property in and around El Paso, Texas and the American halves of two international toll bridges. It is no longer engaged in the transportation and toll bridge businesses. ^ $130,296 in 15,000 shs. 150,000 shs. (no par) — Outstanding $6,000,000 districts,. having an 125,000 reside The Bank of the Manhattan Company, New York, N. Y>; has been appointed co-transfer agent for the preferred stock.—V. 164, p. 2152. com. PRESENT FINANCING $6,000,000 ————' Maintenwcd/wJi—<——<>■ A^nriation Extern Kacmg ^SOCiailon, be paid only plus $112,500. may 31, 1945, which $220,546 —>—.--™— $500,000 will by mortgage UNDERWRITERS—The' ™i—™_—— 84,250 Vocfprn karin? ♦After dividends these u , wlll-j°te Nov._ 2^ pa:rvaljje preferred to offer stocky company intends than retired bonds new power Julien Period End. Sept. 36— V; of subsequent to Dec. (no par) supplies electric a STATEMENT the stockholders amount An — Paso to the,. Caballo Dam in-New .Mexico and approximately distance southeasterly from El Paso to Van Horn, Texas. 11,000 1946 to June 30, 1946 income taxes the ■ 1901. It has charter power to engage in: the'electric light business for a term which has bren extended to Aug. 30, 2001, Company is engaged in the business of generating and purchasing electric energy and distributing and selling the same in El Paso, Texas and in an area in the Rio Grande Valley in Texas and New Mexico extending approximately 100 miles northwesterly from El Aug. account of company. — approval, Eaton Outstanding Derby Oil Co.—Registration Statement Withdrawn— registration are profit Upon contained in ' J ' - . the redemption of new bonds. RESTRICTION—Common income $4.50 divd. pfd. stk., *45,000 partnership has also employed jFirst to sell the remaining 49,000 shares at "V»Net profit V-' Earns, per v. be anticipated by and may HISTORY ——mrr preferred stock, in proportion to their shareholdings.—V. 164, ' ". by the D. L. & W.-v .-yThe Lackawanna owns all the stock In the Greene road, a five-mile strip near Utica, N Y end the majority of the stock of Cayuga railway 30, 1947, an amount equal (after deducting the amount Common stock 164, p. 1328, common "J"he stockholders at a special meeting held on Oct. 29 approved the with and into this company of the Greene RR. Co. and the^■« Cayuga Susquehanne RR. Co., two small lines operated under lease * Blan—V 25,000 The' - PROVISIONS FUND—Annually a t Sept. 30^ be¬ to 1% of the total issued IMPROVEMENT AND bonds,, 2%% series due 1976 Preferred* stock (issuable in series): 12,000 issuance of $1,000,000 ^ that net earnings however, restrictions ,' CAPITALIZATION GIVING EFFECT TO <• merger 33-mile the REPLACEMENT 1970, now outstanding in bonds) at 108. be Duro-Test Corp.—Plans Preferred Stock Issue— 61,597,435 21,356,765 Merger Voted under , AND 1, 22.000 • — Provision for Federal income taxes 9 S92 flsn permitted * « of net of ; — profit before Federal 3 883 892 3,b«3,«yz 3 723 717 is provided, requirements including interest on new issue, Release and substitution without notice to PURPOSE—Net proceeds are : of to — CONSOLIDATED INCOME STATEMENT ; 59,160,569 16,411,348 12,147.738 ^2 income interest refunding. 1st mtge. amount shares Net sales -—— —— Cos1- of sales _——™-™™™—™^^^ Selling, general and administrative expenses 1944 $6,448,163 1,751,358 *4,217,370 821,687 out , number — rnu^OT TTiATVn RR.—Earnings— $5,380,808 Net for bonds bonds, aid price of $6 per share. ; 31, SINKING 345,000 shs. the . the seller agent ; - . moneys, etc. if $500,000 or more), shall be deposited with the trustee, but this requirement may be satisfied by property credits (on a 60% basis) or by waiving the right to issue an equal amount of Outstanding * its • substitution—Additional and release expenses) wffl be a,auaWe . 38,472,644 11,677,312 7,099,623 .829,906 > Gross from The & Period from stock Authorized 500,000 shs. $4,362,675 1,536,982 959,702 1,075,299 restrictions. release ginning Sept. new field, appartus —— *Of 35,468,345 926,393666,714 Delaware Lackawanna & Western a hearing certain (a) up to $300,000 on the basis of prtperty owned 1945, (b) against 60% of net property additions after . — J. H. Drass & Co., Inc. 1943 $3,609,629 751,898: 408,612 32.136,182 railway... Net ry. oper. income— —V. 164, P- 1718. ' and under issue, twice mortgage. ' inter- » First From Jan. 1 Gr0S3 from railway Net ™™ will UNDERWRITERS—Underwriters, purchased are as follows: The 1944 as moT, geophysical rrEMsrLsstestlmated Corp.—-Earnings— 1945 denominations equal to 15% of the operating revenues (less cost of electric power purchased for resale and rentals) shall be spent by the company for maintenance or additions to property or to the extent not so spent, the balance of such 15% less certain credits for debt retirements, etc. shall be deposited with the trustee in: cash, or bonds or pri'qr lien debt. Provision operates cumulatively from Dec. 31/ 1945. material any except . n starting-switches 1 for general corporate purpo e _ 1946 1976; interest payable on April 1 of company in New York. Bonds 1, agency of MAINTENANCE sells Total _ in Authorized - » slightly, over...$6,QQ0,000 .for^tho fiscal-year increase of approximately 333%%.—V. 163, ' Delaware & Hudson RR. Net in business be bondholders ,, New in known * "I at 1945 or deposit of cash; 31, (c) or r\rooo CAPITALIZATION GIVING EFFECT TO 'PRESENT FINANCING ; for in due Oct. year form ^ capital corporation, .is ore of the largest single units in the world engaged in processing quick-frozen vegetables and fruits. It estimates sales „ including the repair trade. replacement and business view of the Indicated continuous increase in consumer quick-frozen vegetables and fruits and quick-frozen prefoods, all of which are processed by the tt partnership result the fields miscellaneous 102.029 only, DIVIDEND * company. The not of , in use $1 ssss in did control or „ PURPOSE—Company imminent succession main the company the radio . < . The at Dec. must . in its of exchange for the old value* par amendment t incorporated was limited a . company filed an Four shares of the to ; 800,000 shares of $1 par value the as Incorporation. In 1946; each Additional Offered— its products to customers engaged in producing various iypes of electrical appliances and equipment. it Is believed that'approximately 50.% of. its production is used in the fluorescent lighting field, 20% in the electronic hearing .aid devices field, 20% in the radio .industry and the remaining 10% . 100.279. bid of a coupon, were bonds may be issued nn to successor ownership . densers, devjees. ' fifnrk olOCK— Inc. the 1, of coupon liens is bondable y c nBes' •.. ' n„... The company believes that it Is presently one^ of the largest manufacturers of capacitors, also commonly referred to as electric con- Europe. h/--** .•»' . Deerfield lieerueia was in 1718. p. in on 2%% a are a first lien, subject only to permitted en¬ and other minor qualifications, on substantially all pres¬ physical electric properties of the company other than motor vehicles, office equipment and supplies, etc. Property subject to prior Of the shares offered, BUSINESS—^Corporation 1946 a contract. bis company to distribute in inade by Decca —V. Co., change " v SECURITY—Bonds as 5SSS& Electric com¬ any cumbrances - , arP & 12, of ■" ent 538,325 > wrn Ivm pli^c . 57,210 , 25,000 shares are being sold on hphalf nf thp comnanv Denail Oi tne company and 69,000 shares on behdlf of selling stockholders. Decca Records, Inc.—Plans Expansion— . 1943 l252134 (par 100) at $6 per share. osnnn decided 1867. • First Colony Corp., B. V* Christie & Co. and «L H. Drass & Co., Inc., on Oct. 28 offered 94,000 shares of common no shareholders Association r\ a. 1 in principal Dec. shares into stock. provision for such conversion, and the directors therefore propose to take advantage ofi, tJe.to extraordinary called amend the 1944 $121802 of convenience reasons 164, p. 2152. 13.6 or the maintenance and replacement fund pro¬ use of proceeds of released property or, at the option of the company, in certain instances at the special redemption prices. The initial regular redemption price is 103 7/e and the initial special redemption price is 100% plus interest in each case. $1i4r?4 *Deficit—V. 164, p. 1718. for tl;e shares is now c°mv&ny'* Deferred of Association, 1945 $2J»'qS? be Tn6 inputs System 6.1 12,706 improvement fund visions or by the 127,211 Deferred shares in reserve. It is now K railway.-— proposed to create a further 3,500,000 Deferred shares of 5s. each ^ y* °Per. income.™ and to sub-divide the existing Deferred shares into shares of 5s. each ^FromJan.l— which will give a total unissued capital of 4,772,110 5s. Deferred Xwoss from railway shares. This will be sufficient for the purpose of the offer and will Net from railway. leave a .balance of 721,485 Deferred shares of 5s. each which will Net ry. oper. income... held in reserve. The directors have 3,023 of $1,000 regist.erable as and in fully registered form without coupons in $1,000 and authorized multiples thereof. Coupon and registered bonds interchangeable. Bonds will be redeemable at the option of the company as a whole at any time or in part from time, to time prior to maturity on at least 30 days' notice at the regular redemption prices the bonds will also be redeemable upon like notice by operation of the sinking and to 18,292,280 9'253'192 be denominations Duluth Winnipeg & Pacific Ry.—Earnings— the;Deferred shares have leaving 1,834,578 . September- the Prclerencc been issued, ' 3.348,226 Oct. will 1943 P" ' *U 12.0 *' by Stone & Webster Securities Corp.; 102.2099 by Mer¬ rill Lynch, Pierce, Fenner & Beane, 102.317 by Salomon Bros. & Jlutzler and 102,29011 by Kidder, Peabody & Co. $6,304,723 4,407,031 1,563,660 11,294,695 ,WT. the awarded Oct. 28 was Other bids received all for i_ railway ^ not include Pet. 20,979 Co.—Buys Third Ohio Plant— 1976. The issue Dated Oct. 1944 $5,46.7,519 3,466,501 ™ fro,n 174,362 " 49,501 93,357 land. and 1945- $5,309,050 6:203:664 Net 3hareS Per 100 COnSOU- SSrDVmSX^o"dtaa;fShSaS. Beet5 income from'railway Gross Beera 5s. figures do series due X>eC'/' ***1' aVVn2 1946 railway— from railway—— oper. Lt. Co.__ : : InCFCQSC Amount -1945 195,341 52,524 106,063 El Paso Electric Co.—Bonds Offered — Halsey, Stuart & Co. Inc., Otis & Co. (Inc.) and William, Blair & Co. on Oct. 29 offered .$6,000,000 first mortgage bonds, 23A% ', $5,192,846 3,335,913 1,887,686 - from Net necessary ,/• 1946 _ Mr. Keating stated that either Ekco or a subsidiary will have the plant In operation within 60 days after occupancy and plant clearance. "Machinery and equipment Is now availa^e and readv to be moved into the Byesville plant," he explained. "We intend to manufacture housewares, kitchen metal ware, and probably shall finish and assemble kitchen tools there."—V. 164, p. 2152., Duluth Missabe & Iron Range Ry.-EarningsSeptember— Gross & j*' company and affiliated companies have acquired for $385,600 Manufacturing plant at Byesville, O., from the War Assets Adminis¬ of -asss :rr sasss account thejr have come to the conclusion that a of eight ratio Consolidated Diamond Mines Ordinary shares to one of the existing pe^ Beers, deferred shares would be equitable. Subject therefore to the approval of >('' & Pwr. y. V l . was announced on Oct. 25 by Arthur Keating, Chairman. Originally built by the Defense Plant Corporation two years ago, the has never been placed into operation. It comprises approxi¬ mately 80,000 square feet of floor space and includes over 18 acres SS.,"S IK»a£l«rp CS: oftehe0rshahre»einratte factors wata above \ •'«;?. A.1 > "yf.' ,'i*• • :'--i tration, it • ' < Th* comPany has called for redem'Ption cn BBpygp Power as V.'S-- !•/.*• . i," 6628), tiled July 2o, covering 65 347 , Dierks Investment Co. (Mo.)—Redemption > «V. are & plant ~ stock (no par), has been withdrawn.—-y. 164, p, 1718. i out ; i' Ekco Products Filp<? With biles vviin • . Africa, The a common- underwriter, General Stock & Bond Corp.,. Boston, proceeds will be used for working capital. common were : *•'! '.v •-, < Power This 4 v The shares of 1945 of client subsidiaries inputs System Inc.;' wnich 3,154,502 The registration statement (No ' the & the Light Corp., and as compared with tne cor¬ follows (in thousands of kilo¬ • . Former National 40,205 3,*166,669 3.140,911 < 1718. p. shares of Power during 1946, Services Co., Electric Light Co., panies not appearing in both periods.—V, SOtlOt tajn '«■ « Ordinary shares 5,^(W,000Usha^sfTh^hol^eM- ing to caKLtlofW Deferred shares of 5s. each. present the holder of2,259,500 c9"lPany, is at 163,570 56,245 24, Ebasco Light Light Co Electric Power & Light Corp.-.™ The company on Oct. 28 filed a letter, of notification with the SEC 10,000 shares of class A stock and 20,000 shares of common. Offering price, $10 a unit, consisting of one share of class A and two Mass. & Operating Subsidiaries of— tpn 164, Power i, Oct. of National American Dictaphone Corp.-Registration Statement Withdrawn autlwrS Increasing the former Inc.—Weekly Input— ended responding week watt-hours); . for Mines 3,500,000 additional 81,106 6,823 rbnminoL ■ Th* $330,863 Devonshire Chemicals !„« T?nctnn l\Ta«s<? Inc.,,Boston, Mass. Ltd.—Plans 10-for-l Of Deferred Shares—Merger Prooosed ' ' ; ' merger, .rrupusea ,?, at an extraordinary general meeting to be held Split-Up «« $266,945 155,093 48,800 SEC— taxes 1 Beers ; American of $0.52-;r. Federal -/v-: months ™ De >$373,924 Gn,ss™roSf>ai^ay resttlt of of Detroit Net ry. oper. income— $2,262,195 450,011 week companies \j:y,^ railway Net from railway™—- ..e deduction for tax purposes of costs applicable to the refinancing Khnn?,f comPany's bonds. An amount equivalent to this reduction is 0as .a•8pecial °harge $1.9§./.\> the operating & Toledo Shore Line Bit-EarningsSeptember—• PXY" '•;£&'1948 '• 1945"-v 1944 .^3 Gross from f w ^ 1944 $21J.492 $176, 5 ^ # • a $803,379 /•.'v. 822,833 as Vv 1945 _ rB-.tpW: :■**-■.' —1""" $532,265 ' 1946 all known charges including estimated provisions for income taxes. tOn 411,874 shares.—V.. 164, p. 2152. > $3,085,028 937,710 / : 990,000 ; For Quarter Ended Sept. 30— \/- * P; y ■ *Net profit tEarnings per share —_.r„™ r;♦After 1,239,000 3'066'°0<) - '$752,771 220,506 v, 11,720,955 1,790,845 1,809,024 J;/.™™,.-' . ^ 12,888,247 372,437 439,085 225,000 614'00° 534,000 $1,054,316 211,243 * *'uiXed char$es *»_*,' lrt" V , V** **- Tn?r0ff8 In®oml Special 2 747,066 435,779 « ww ;V . maintenance. Ebasco Services Detroit Steel Corp.—Earnings— » ^r^Il0d End*J3epfcGross rev and oper. and 2285 THE COMMERCIAL & FINANCIAL CHRONICLE Net* income _v lfi4 n. ,2152. .. - % mW:; ;?■.? '.(v'/'; ■: /'■' v. Company was incorporated in Pennsylvania Jan, 21, 1946 as suc¬ cessor to Edgar A. Reilly trading as Fullerton Textile Co., manufac¬ turer of textiles,; marketed through New York convenors', 0< • Elgin Joliet & Eastern Ry.—^EarningsGross — from railway^—? - * ' Net from Net V 180,258 income- 18,811,205 railway.—. ' stockholders Oct. on Gar Wood Industries, Clifford ..... creases p. A. . in General Bronze drawn— Dividend— li Chicago—25-Cent Common common amount shares was of drawn share- .• Noy, ^0. ? last No 2017. stock, payable Dec. 12 to holders of record disbursed on June,12 and Sept i2, payment was made on the common stock in 1S45.—V. 164, p. the like Corp.—Registration Statement With¬ Get. 44 . . . The registration statement declared a dividend of 25 cents per directors on Oct. 24 The on A Inc.—New Vice-President— Sharp, Works Manager since May, has heett elected charge of manufacturing. He has' long been asso-/ elated with Charles W. < Perelle, president of Gaf; Wood, and was his - •assistant when Mr. Perelle was Vice-President in charge of manu¬ facturing for Consolidated Vultee Aircraft' Corp.' Mr. Sharpe will supervise Gar Wood's .manufacturing operations . in Detroit, Wayne and Marysville, Mich.; Mattoon, 111.; Findlay, Ohio; Newport News, Va., and St. Paul, Minn.—V. 164, 2017. 2017. (The) Fair, In value.— 100,000 shares of $5 par stock authorized to capital V. 164, The authorization held. cumulative 23.—V. 164, filed July 26, covering 115,000 (No, 6638) convertible preferred stock 954. : (par $25) Co.—Earnings Fall River Gas Works 1946—Month—1945 $95,238 $106,756 Period End. Sept. 30- * " Federal —— — /■' - Net tax Net 59,184 848,360 136,600 13,934 214,059 1945 8,669 911,027, 234,000 $715,110 472,982 $18,727 8,333 $12,352! $233,400 76,000 50 62 1,644 M — "This declared End. Sept. 30— 9 Mos. ♦Net that means six past from expansion despite the months sales of the -suit weeks the of to of rate annual an credit $145,531 cents 119,125 sustained period." adjustments in the share, a first In' the . strike which that dividends $303,093 291,310 233,056 $1.60 $1.25 $1.30 share per . of •V. 164, income. quarter. sales our that for '' ' . '.'V' '"-H • Florence Stove • 30^ 9 Mos. End. Sept, profit Outstdg. ,£om. shares Saras, per com. share•After all volume, during period of ' " " ' - ' • 1,324 and Canada.._*__ S. 38,083 37,869 Florida Power Power quarter of this.,-year as a, re- order an ■' months compared ended with Sept. 30 a-profit of $6,384,288, Was 22 or. $7,721,401,?^ors 26; cents : This a,J would' be sells at energy Utilities, payable ^ additional 200,000 shares of shares held.—V. 164,. p, five common ^ 7 d , basis of Net from Net ry. — 1943 income oper. $1,256,200 378,627 181,784 131,555 616,198 303,437 12,396,217 12,584,896 '11,237,848 3,696,659 5,179,568 5,582,048 559,970 1,755,539 2,251,244 2,832,337 ' - $1,522,960 $1,337,396 510,717 —V, 164, p. 1869, Frontier Power Co., SEC-r— 1 t i company SEC for three vhich Its on 119,431 '.y'! c 0cit- shares Trinidad, Colo. ($5 par) a — tV '■ registration with the amendment. ' v< - of the proceeds. none '• i??1. . ' «• share be issued 'to the being are ~ present diange for the outstanding 20,000 shares. would The sold capital surplus. in f $207,000 1, five-year note bearing interest Sept. at 30 and will corporation and in 2Vz%. ? exchanae of 59 stock shares of share of (2) 88,000,000 2,500,000 $1,26 upon, such of Utilities by stock Utilities other an Oct. 7, Interest conversion, stock for dividends on amount 1946 in on the cash the of each 10 the and equal to debentures unconverted Corp. date of in such debentures of common stock of holders of surrender of record of its the debentures 1, 1946 converted. will cease to' accrue The 1946* electric amounted output of the company for the week, ended Oct. 25, to 136,979,562 kwh., an increase of 17,505,577 kwh., 14.6%, over the corresponding week in 1945.—V. 164,^p. 2153. 1,826,003 520,790 2,862,384 ■ 893,762? ... Ltd. (Canada)—Calls Bonds 1946, fund mortgage redemption on being made at The* 102 at Napanee, Canada, at option. Ine.—Registration Statement Withdrawn— ; V stock, Dividend—Earns. Estim.— the $T This 1945,- arid on" have declared a dividend of $1.35 per share on payable Not. 12 to holders of record Nov. 6. Nov* 9, on stated: "The estimated nejb corporation for the year 1946 will be slightly in excess Goodrich Co.—To-Enter Field of Biochemicals; of B. Manufacturing Co.—Declares 75(5 Dividend—' Hoyt, Secretary, on Oct. 25 announced' that the directors a dividend of 75 cents per share on the common stock; C payable Nov. 15 to holders of record Nov. 1. A quarterly distribution of like amount was made on Sept. 16, last, as against 50 cents per share on March 15 and June 15, 1946, and in each quarter during 1945,An extra dividend of $1 per share was also paid on Jan, 15 of this year. 161, p. 2445. —V. ! ^ i *.' v". - 'y • *„>,"?.-»■ •* GrAnby j •. v, a-.. v. .. ,i.k"^ * " . , ! "■ v~ • ^ r' * *• -V"*» . Cotisol. Mining^ Smelting & Power Co., Ltd.—' EarningsQuarter End. Sept. 30— Net profit per com, share : 19'46 1945 1!def$97,5'49 §def$31,700 Nil Nil 1943 '$23,361 $0.05 1944 *$2,656 $6 01 w, . depletion, depreciation and.reserves for income and all other of capital stock, * After $50,000 reserve for development, $22,891 for taxes and $68,722 for depreciation and depletion, SDeficit after $26,810 for depreciation and depletion. IIAfter adjustments to reserve of $13,764 but before reserve for de¬ ♦After taxes. on » 4,986,219 589,286 5.686,966' declared tEarn, interest accrued from July 76,734 51,170 5,073,467 1,961,618* 158,427 y. 305,210- outstanding first (closed) 6% sinking Jan. 31, 1941, were recently called for the Gorham - ; so , $650,000."—V. 162, p. 2392. have addition to common ? 4,125,949 691,423 railway--— dated 1, Hiram for upon debentures , F. Goodrich ChdmicaF Cot; Clevehntd; Ohio, into thfr\ Oct; 30 by W. S. Richardson? chemicals would be ready soon for introduction in the reabri of agricultural, textile, pharmaceutical and household chemicals. The company manufactures American rub¬ bers synthetic resins, plastics, rubber chemicals and chemical in*termediates. Sever L. Hoppersteead, formerly plant pathologist or* the Delaware State Board of Agriculture, has been named service engineer to supervise field work for the. new biochemical products. —V. 164, p. 1870. ' ) certificates shares to *27,557 railway—-- (B. F.) trustee, vT?/-■ Weekly Output— or of firitry the deliverable or prior to or scrip 199,203 49,648 1943 $612,441 $483,704 154,893 $520,399'' biochemical field was announced on President who said a number of new Jan. due Co., .. such conversion; 'j; distributions, except dividends payable company, which may hereafter be de¬ Corp. form for conversion; on Trust aforesaid; as (and surplus of the General Public Utilities stock surrender so Corp. shares common common Jan. 1, 1947. ma- Of common sjock at the rate $1,000 of debentures at any time who - income— earnings of the Redemption— . each railway The directors convertible into for full York Y. earned proper (3) are Ry.—Earnings— * 1945 1944 ^ ' compares with 60 cents per share paid jjov I 1944 Warren C. Fielding, Secretary, on Oct. 29 • New 1946 $393,641 31,505 Good Humor Corp.—Larger individual convertible,, debenture? the at 3,555,980 3,116,396 r V.164, p. 1720. 30,242,727 representing paif value of $7.50 per Carolina Electric & Gas" Co. on the basis of one full South such N. *8,174,838 2,612,173 2,281,296 registration statement- (No. 6763), filed Sept. 27, covering 210 000 shares of common stock (par 10 cents), has been withdrawn.— single figure in about a 7,766,422 1,929,671 1,622,862 r The redemption- oft.: Jan,v L-- next*; at 4V4% Holders Public for for of made stock receive, Public common in will shares) any of clared cumulative ? and be 1947. General of share Generai out said 1, certificates fractional stock PUrChSSe will New York, of to Jan. (1) to per the 7,325,274 365,697 82,970 : Goldring, v - ■ secretly express, in opinions are to group as possible called $250,000 Payment conversion exchange Fullerton (Pa.) Textiles Co.—Stocks Offered— praSrredmEk il?nSt<S^n{1946^0ffered 2,000 shares of 5% IS) a? $100 share ^ 750 SharCS °f COmmon has interest. 1956. prior capital of $700,000 ^ ' receive a 312,258 5,813,620 railway the holders' arid5' indicate the composite' All large dial 359,928 175,458 incomes*-. oper. common in person subject. any The, instrument - on each on .The called debentures > and certain other stockpr0o?'°rf ?u ma^e a public offering of their stock which r r° u°icapital stock of the company. ; Prior to this L ts,t InS'' wiI1 slender-to Frontier' the letter's"? note that matured enables opinion 100 Broadway, ex- the his 207,099 and interest. Payment is Ro'yal Bank of Canada in Toronto, Montreal or 404,109 . $0.22 measure 167,578 139,872 $956,244* 1870. p. from AH j. has bv between from bonds' $0.01 , General Public Utilities Corp.—Partial (hnuwcapplicatio" ,said J- G- White, Inc., afS 6,384,288 » $808,826 Gibbard Furniture Shdps, V 5,890,911 ,2,250,000 Cf6,750,000 ♦$0.2l a The iV stockholders difference capital of to $2,000,000 and the contemplated credited h be «9n7nnA instrument 105 Names of underwriter bv ';*«'• v-./•*.?/,"• r on ' $749,176 railway—:— from Net from - ' 1943 1944 Net ry. oper. Income ♦Deficit.—V. 164, p. 1720. 10 use?in ' schools,Vconference rooms, lecture groups, adult educational' organizations, radio stations for audience participation programs, and political "groups.—V. 164, p. 2017. and would 164, Net ry. ,*■ - );1 • 1945 Georgia Southern & Florida? Net 2,200,000 Cr4,800,000 — $1,927,288- $1,737,870 $650,362 60,187 34,237 income September—: Cf7,000,000 seconds. J\5G' White, Inc., have filed a joint" application v vf SE^J«queSxing Pe,rmissjon to change Frontier's present 20j000 shares ($100 par) capital stock into 140,000 shares (par $5) The new stock from Gross ^ 4,669,152 ' 1945 1946 $44,225 1946 railway——? Net' ry; oper. 6,334,288 •11,145,891 127,742,72? summated and registered on the stockholders, including J. G. White & Co., Inc. New York is selling all of its holdings of such stock. Following the sale holdings J. G. White will no longef be parent of Frontier Company will receive * 9 Months ■"—~ - 2153. From Jan. 1— from railway_i__ a group of as many as 120 individuals has been announced by the company's Special Products Division. Called an opinion meter, rr v statement Shares common. 1.390,178 deducting ^Jan. ltoOct. 21— 1945 $44,250 Gross Net 4,944,110 ♦15,815,043 121,851,816 -■■■ > ~ . *- ■;:;io45'. ^ v p ^ From Jan. 1— ; *5,980,179 per j. renegotia- 163, p. 2579. Week Etid: 06t; 21" > Net ry, oper. opinion of Registers With 1; \ / " filed 25 Net from i# • " 'v.j hew ^Instrument designed to A 8,873,24$ 1,342,546 - reflected 9 Months contingencies— Cr4,50Q,000 degree, railway railway: be " 1916 4 i income 28,845,927 shares ♦Loss**,, ,, f * 450,000 '$1,042,604 $1,864,388 September— Gross from railway—- New Product— 1944 1,795 from will credit fof: or Earnings From Jan. 1— Gross - final ♦17,480,179- —: taxes on, income -and ; one $945,783 105,494 income.— oper. ry. refund 3rd Quarter • 3,278,974 Net 1869. 1945 '• —^1 ■ Charge Fort Worth & Denver City Ry.—Earnings— "1946 the in Nov , September— Gross from railwayNet' from railway-^.— earned other sources Total income • v , 215,500-^ Georgia* RR.—Earnings- Post-war adjustments on ♦7,156^00 72,940 —-—„ contingencies —V. 164, p. OPERATIONS 1st half net The stockholders Oct. 4 increased the authorized common stock (par $7.50) from 1,000,000 td 1,200,000; shares.. . Company, plans^ (sub¬ to authorization by FCC) to offer stockholders rights to sub¬ the 1 ; from Fed. each income on Income from sales— •20,759,153 •<;.??. . ject to OF ■■ ' » Inc. v.-: for 565,900 U,892,506 • 78,684 326,769 1946 Orders received 389,696,000 266,867,900 656,563,000 660,846,000 sales billed (ships.) 222,031,300 199,408,136 421,439,436 946,432,369 Costs, exp* & oth. chgs. 242,790,453 194,464,026 437,254,479 826,580,553 Stock Increase—Rights to Stockholders—; scribe §545,220 1,696,639 ;* ■ ■ Operating revenues*— Net and owned publicly and • ■■ ■ Y' Petersburg St. $3,651,718 $11,163,224 371,483 "460,271 §546,079 Period— : Gross Mutual Life Insurance Co. of Clearwater, and to 16 privately $3,685,031 143,250 1,243,478 Georgia & Florida RR*—Operating Revenues- being, restored to, income ratably over the period; of 20 months * , including wholesale $3,251,116 —- $210,278 debt retirement credit.—V. No effect has been given, to the' refund, of prior years" taxes credit carry-back provisions - The proceeds of the bond issue will be used to provide the company with capital to make necessary extensions and betterments to its plant and property. Florida Power distributes electric energy to 63 communities $3,621,506 $11,156,059 30,212 7,174 $652,106 in 1943. tAfter deducting estimated provision for tiori of Government contracts. §Includmg surtaxes. JAfter credit ' Milwaukee, $4,000,000 first mortgage bonds, 2%% series, at 100 V2, plus interest. ; Florida $3,660,745 24,286 $763,825 $2,314,752. ♦After-deducting post-war credit, of $795,200j tlncludes imortizatforit^ of special plant facilities of $370,653 in 1945, $617,262 in 1944 and beginning Oct* 1, 1945. Sell $4,000,000 Bonds Pri¬ Commission made public 1943 1944 1945 70,153 — Net profit fin the first nine months of 1946,^operations were also credited witfr $6,750,000 for post-war adjustments and contingencies, since ; the $15,000,000 balance in the Reserve for such purposes at the close of 1944 is authorising the corporation to issue and. sell to the Northwestern: 803,244s $3,973,493 *$4,916,534 *$5,149,225 $12,703,362 792,530 tl,255,789 11,527,719 tl,547,312 $3,180,963 for Prov. , operating loss sustained' in the first nine months." , Oct. 22 1,671 35,499 ^Eatriings— Oorp; (& Subs.) 1946 3(1— operation- Bohd interest < increased in the fourth quarter depending upon the extent to which r% —V. taxable - income; for*.the? fast three months - of the year exceeds the. • 163, p. 2156. Corp.—To Federal ? 2153. p. from or 1946 1945 1944 1943 $7,159,150 $18,648,980 $17,154,193 $10;340,031 202,130 773,919 686,364 603,781 345,341 345,341 345,341 345,341 ,,$0.59 $2.24 $1.99 $1.82 charges and taxes.—V. vately—The « 1,618 Profit nearly all of our principal plants' for nine giving effect to sundry income and to referred to previously, the profit available for RESULT »f ■ Profit Assuming that three-fourths of this excess, profits credit & applicable? to operations for the first nine' months, the carry-back, refund1 for that period would be approximately $19,000,009; but would be, reduced : ^ Co.—Earnings— Bales r 47 Other income * income for the fourth quarter when final results for 1946 are available. , . 19,041 21,663 1,041 51 closed which may result from the excess'profits of the Internal Revenue Code, but such filed a letter of notification withAthe SEC fdr 400,000 shares (5c par) common. Offering price, 5 cents a share. No underwriters named. The proceeds will be used for payment be debt and working capital, The company on Oct 28 ' 90,034 956 1,177 Depreciation After three which- otherwise With SEC— , 105,711 ■ General Steel Casting^ represented the reduction, attributable to the operating loss sustained in the first nine months of the year, in taxes Flagstaff Bonanza Mining Co., Park City, Utah—Files t 73,587 5,365 .i 1,079 Coach—Trucks & 9 Mos. End. Sept. , on *>4 '• Net 164, Profit $421,439,436 for the nine months this year'compared with $948,432,369 In" the s&me period last year. "Since? operations for the full year 1946 are expected to result in the realization of some taxable income," Mr. Wilson stated, "a credit of $4,800,000 was taken in the first nine months for Federal taxes $384,188 233,056 $1.65 depreciation* interest, Federal income taxes, etc ♦After 200,790 3,553 4,957 —— Truck •V. the preceding quarter, and a loss of $13,701,580, or 47 cents share, m the first quarter of this year. sales billed, representing shipments, amounted to $199,408,136 in the quarter' just ended,- compared with $161,604,556 and $60,426,744, respectively, in the second and first quarters of this year, or a total 1943 1944 1945 $364,924 1946 stock common 255,248 7,169 4,683 3,724 , , Total U. | share "in Earnings— -316,320 $506,485 profit .^Earnings Uew —~ GM of Canada Net Shares 13,731 7,544 . GMC a (& Subs.) Oct. 26, '46 12,855 • 164, p. 1868. Ferro Enamel Corp. Jan. 1 to Oct. 19, '46 — $725,000,000, the income therefrcm, due primarily to inadequate price Federal income taxes— relief arid to increased. cost., of materials* has. been -at.? a rate of only VFederal excess prof, tax 3.3%. Accordingly, we are still $15,800,000* short of offsetting the State taxes 76,000 $155,756 122,434 $5,956 $12,344 Net income. .Dividends WeekEnded ' $0.88 $1.82 President Charles E. Wilson announced. Oct. 25. "The this year have resulted entirely from income from sources sales and from credits to operations*- for Federal taxes for postwar adjustments and contingencies," Mr. Wilson, stated. the 2,304 Interest charges and truck year, and $233,835 6,333 accrls._ res. ( , —______——.—... Cadillac $679,415 472,982 $0,95 472,982 other, than 28,258 63,759 , for States. Coaches $1,126.753' * share Bulck earnings ..$195,579 $169,641 $10,381 1,970 $10,058 28,288 tabulation of production figures for car Oldsmobile $1,824,442 $2,019,2881,070,178 234;0Q0 ______• shares^.. 1944 Company's profit available for dividends for the nine months ended 30 amounted to $404,109, or 1 cent a share of common stock, compared with $36,242,727, or $1.26 a share, in the same period loss • United company 5,081 Truck Sept. 211,408 (netj- the with Pontiac General Electric Co.—Quarterly Report— ^ 111,958 ________—;•«. Balance *lso the during the last 26, ^ 750,535 11,737 GM Oct. compared Chevrolet-Passenger $90,676 profit common Earned per common —V. 164, p. 1869. last revs.—*.— oper. Retirement ♦Net in were S., Week Ended $1,817,429 contingencies Number of ' ■. Non-oper. income —V. U. > 1946 taxes* eto.w_.i__--.v-provision Reserve? for 1946—12 Mos.—fl945 19,737 Maintenance Taxes 5 30— Profits: before $i,368,661v $1,269,481 67,370 9,589 by ended the company on Oct. Operating revenues—_~ Operation —!— •. 9 Months Ended Sept. Ltd., Boise, Ida.—Files With SEC 21 filed a- letter of notification with the SEC for 3 000 shares of 4preferred ($100 par). Price, $100 a share. Underwriter, Richard Meade Dunlevy Childs, Boise, Idaho. Proceeds will be used to. retire debentures and for expansion purposes. \% - Oct. 26, '46 p, General Cigar Co., Inc.—Earnings— Fairchild Engine & Airplane Corp.—Division Moves— The corporation's -Pllotless Plane ■ Division will move by .Nov. 30 from 184-10 Jamaica Avp., Jamaica,- N.- Y„ to its neto home in Farmingdale, Long Island, N. Y., the company announced on Oct. 31. This division is developing pllotless aircraft for the U. S. Navy; under' experimental contracts.—V. 164, p. 2152. The V -< ■ divisions: (Inch Wholly-Owned Subsidiary, General Cigar Co. of Cuba, Ltd.) Falk Mercantile Co., week the In Following is a with¬ was ft1 four weeks. ; ; produced 27,696 passenger the previous week. For the., year to date, GM has turned out 543,621 passenger cars in the United States, compared with 1,577,631 for the same period in 1941, the year in which GM achieved the highest volume of passenger car production in Its history. Truck production again showed »- slight<rise "With 8>772 turned out in, the Oct. 26 week, compared; with 8,257 for the previous week.; For the .year to date, GM has produced 224,124 trucks, compared with 347,333 for the same period of 1941. In 194.1, however, the bulk of; GM's truck output was for the armed cervices. There was an appreciable drop In the number of strikes affecting GM suppliers last week with 46 reported in the United States and Canada, compared with 56 for ' the previous week. Of these strikes, 6,310 shs. , . attained production .. cars The issue would be offered onttl Oc£ 22 at $10 a ®^ahr® J now , ■ - Passenger car production by this corporation in the United States Jn'the week ended Oot. ,26 fell short of the previous week's record postwar output but kept pace with the comparatively high average Outstanding 2,250 shs. 164, p. 1869. 8,000 shs*. •Giving effect to present offerings.—V. stock (par .$100),.*. Common voted to authorize 21 20,000 shares of new. capital stock. Nov. 15 to stockholders of record r\i nnp share for each four shares Authorized* 4,000 shs. ; '< • Mpnday, November 4, 1946 '5 , General Motors Corp.—^-Passenger Car Output Off, but Truck Production Rises— Vice-President, in York—Rights, etc. Excelsior Insurance Co. of N ew The ♦Capitalization— ' 5% preferred stock (par $100) 303,079 25,853,107 24,353,466 6,496,741 6,692,887 2,432,985. 1,464,590 24,849,365 Net from railway.——|0 3,199,127 < 5,774,685 2,252,044 Net ry, oper. income— 534,903 ♦Deficit.—V. 164, p. 1719, : $2,650,508 757,762 356,129 1517,087 1— Jan. from Gross 1943 * 786,288 '!,'"no 1717,933 '- V'i,' 145.696'.; railway______ oper. ry. Prom 1944 ' $2,469,920: ';$2;067,966' ; $2,945,661 1945 1946 September-— T <: 'K CHRONICLE THE COMMERCIAL & FINANCIAL 2286 tOn 450,260 shares deferred pletion and depreciation. The "a company, strike - i '■ 7 issued the following statement.; eaiied Julv 3 bv the CIO which f:' shut r v , . down all the k ? cper* Net 1945 $26,208 earnings Dividends $26,582 $33,498 $41,640 27,000 27,000 .;•> 27,000 *$792 *$418 $6,498 Earned mat¬ 326,749 361,416 360,352 " earned Total "Owing to the strike action, no shipments of concentrates were pos¬ sible after July 2, so that at Sept. 30, there, still remained In storage at Allenby, 11,032 dry tons of concentrates containing approximately 6 million pounds of, copper,"~-V. 162, j>,v 30,73. < 31 ... directors share the on record June same dividend a. brings In as distributions for 164, p. 2018. total 1945.—V. cents 50 of per stock, payable Dec. 2 to holders of 1, the dividend 1946 to $1.25 per share, Payments of 25 cents each were made Sept. 2, this year, which, together with declared, the declared, 25 7. and 1 Just Oct. on outstanding common Nov, on March Grand Trunk Western RR.—Earnings— - !'"1946 September— SEC Gross Net ry. 549,163 437,374 $2,697,000 551,448 *763,199 291,298 262,465 403,322 27,744,000 .26,456,000 5,642,597 5,803,303 3,495,328 3,701,584 26,133,000 "Deficit.—V. *249,726 *2,545,235 opened Oct. The .increase in 7,528,953 4,875,721 fact that the first nine of.173 % 164,. p. 1721.:. dver fees for title 29. real estate old the months the Gulf Mobile & Ohio RR.—Earnings— September— Net from railway—— railway from Net ry. 1 622,957 $3,030,861 $2,996,163 879,574 1,101,820 146,415 237,495 343,726 29,459,789 3,076,660 8.570,822 . scription $1,210,000, 3,735,315 employees Offering .price, after expenses, officers and $20.50 of company ; Railway operating exps. Net Railway 9 accruals- 1,906,231 2,291,061 ' Fixed bonds, due Aug. 1, 1973. and the subsidiary has outstanding $2,300,of 4% first mortgage bonds, due Jan. 1, 1974. ; , i deducts.— " RESULTS FOR 12 MONTHS ENDED SEPT- 30. . 1946 Consolidated Net '—V. 163, operating gross income 1,866,196 2,687,274 11,601,712 21,857,405 1,172,936 1,102,013 "42,330 43,041 8,582,627 9,215,753 127,181 ' 3>272i- . 1,013,021 941,363 The ' ' " the of 193. ' p. A On special Stockholders' meeting has been called Joseph It the President. Wilson, C. used to ization. three next said proceeds of the the stock sale He years. the reported company's sales are Haverhill Gas Light Co.—Earnings— Period End.Sept.30—.Operating revenues at a Operation—.— 43,961 Maintenance —•—- ... <- $698,244 514,239 Uk/. 436,234 41,695 30,866 114,689 I—...,,.——— ' Balance $110,201; 21,424 $131,026.. EARNINGS $113,270 10,241 $8,825 Retirement ^Interest $11,619 ,. 2,916 *' accrls,- res. charges : - froih' c£sh ; 1 \ ^ * , l( % # s '*■>'?* of royalties ana ^ ~ • sold— 10,665.744 oper. 187,598 ; - 930,072 'profit.—. $1*974,544 842,779 $2,966,088 22,340 • 97,308 — Total incoine /i-^.ir. ^"$2,071,852 JProv. for>doubtful acqts. « * <■ ;'.ftnd contingencies 1-^ 'Eoss .oh property retireiL-;, ► • r $2,988,428 , v, ^'? Realized .-v Years Ended-—-■ lent $9,270,494 i $421,798 520,513 to 970 --— \ .v. , ^ lis vestment lOn' Basis of Stating Capital shares outstdg— "Earnings per share w- ^ Other 2,441 $787,256 $5,192,433 $2,810,292 651,614 543,011 2,606,454 2,172,045 2,172,045 434,409 2,172,045 434,409 $0.63 $1.81 "Including, materials Purchased,, maintenance royalties paid, taxes and other operating cost directors Oct. on ,30 cents per share on 2, 1947 to holders of $1.50 per share on the five-for-one Jan. cents 2 extra; a declared $25 year, and and par . • - value ^Investments at' COst> : " . Oct. V , > prior to the made on Period End. Sept. 30—< Railway - 1, $1.50 1329. l$57,7$8,607/---V. Indiana Harbor Belt RR. operating 164 p. • \ 2,939,703 23.86 rev. Railway : fr. ry. tax 11,830,663 $171,302 $49,044 $1,814,104 .58,137 763,748 706,382 quarterly . $241,366 126,700 , 31, Equip. & jt. facil. rents 130,527 98,828 1,339,444 760,285 5;: Net railway oper. inc. *$144,802 $14,337 *$2,054,148 $347,437 3,605 4,019 31,204 ,<r/. 29,188 *$141,197 $18,356 *$2,022,944 3,152 30,349 1946 ; income 'A Total income Miscellaneous Net fixed deducs.__ V- f • 3,215' 29,412 • charges deficit "Deficit.—V. 164, 41,637 ^ f.— 4 p. $186,049 1871. - 41.677 $26,473 s 375,555 372,241 $2,428,848 $25,028 - •• $138,48® ? 128,764i - — ! ' ; —— *SEPT. in banks, $209,531; receivables for, $4,367,943; total $4,620,703. ; . cost, • $957,947. 30, 1946 §43^229; securl*. LIABILITIES—rAccounts payable for securities purchased, $40,485; payable andunclaimed^dividends,, otb.CT than Federal income taxes, $1,344; capital stock (par $1), $193 othKc^unts 1214; [capital' $£accrued taxes surplus, $2,425,824; 620)7^.—'Vi 164, dividend of earned surplus, $1,950,405, total, $4,b p. 2G19. Jaeger Machine A ■ of the company^ -—-——.———r—*—- BALANCE SHEET ties—at Its for t ———— $376,625 Other 5,050 1945 Decrease'- ; . taxes considered necessary:; 10,529^969 91,626 $361,453 1135,387.. $525,004 145,435 . ; ■ 1,150,078 $77,351 opers. ew:," regulated ta-«, $1,321,380 $11,879,707 $12,344,073 1,303,726 accruals ' - 875 476 j ASSETS—Cash :v>;Net $75,189' 58,249 , Company files its Federal iRcome tax returns as a 'vestment company and expects to distribute substantially all of taxable net- income to shareholders on that basis. No provision BepL.30, Mos.—1945 period-— for Cash dividends declared ' Dec. Earnings—^ 2" 1946—9 «»a 152 NOTES—-Unrealized appreciation in market .value Jpecurities. 'as compared with; cost,( was ;as: follows; :, *684. •1946—Month—1945 $1,381,077. revs. Railway operating exps.?. Total were .- the ; payments 1, $1.25 each; July 1, $1.50.—V. 164, p. v : a the following April - "labor, $1.20 Annual Div. Basis stock outstanding - ^ Profit i federal $6.47 . repairs, quarterly cash dividend of the new capital stock, par $5, payable Jan, record Dec. 13, 1946. This is equivalent to split-up, During the current stock: 25 on $2.39 and sharei_>i-:!^>^4.; . 151,131 2,000 —- - v 1943 $88,884 • > , income^- other ; $137,124 v. $120,43ff 48,239 45,24# , ; -$70,154,390 6,997,655 .Increased Shares Placed .. 588,309 1946 ; • Net'assets per; $88,466 270,836 back liabliities_l—. current written ' ; 1944 ' . $128,749 40,283 $93,288 431,716 Balance Profit fr. sale of secur. Pr. years' taxes '" "l*6,336 ;; - 31, expenses ENDED SEPT. 30 1945 $139,445 ——46,157 Total income Miscell. share at Sept. ,' EARNINGS FOR NINE MONTHS 1946 Total similarly computed,' share at Dec. 31, 1945 and $31.64 per 11 • . $70,939,135 — payable: Oct. pe^ $32.46 161,392 . Shs. of capital stk. outstdg. (authorized 6,000,000shs. $5 par) 70i;910' — of slfare outstanding at Sept, 30, 1946. that date was $29,421 This compares with a net asset value, 30, 1945. :$2,533r217 68,244,525 " Total 1,697 4,202,880 . per share. „ at market prices at with securities owned valued , - America—Report— The net asset-value per common ; ' Quotatioh$j,c; Securities at Market before May corporation ■ 30, 1946 seciirities^at' market quotations—^ receivables intends to retire it#' TJie issue will be redeemed at the principal aipount plua including July l, 1947. J' also announced an offer to holders of the 4VaH debentures of immediate payment of the principal amount of the bond* together with an amount equal to accrued interest thereon to July 1, 1947, during the period from Nov. 1 to Dec. 31, 1946. Holders desir¬ ing immediate payment may obtain the same by. surrender of their debenture bonds at the offices of J. P. Morgan & Co., Incorporated, 23 Wall St., New York, N. Yn All debenture bonds so surrendered will b« cancelled. -' ■> 1 1 ' In- addition to the 4Ms% bonds, the corporation has outstanding an issue of $30,000,000 principal amount of 15-year 3% sinking fund debentures which were sold to a group of leading insurance companies in May of this year. The corporation has no bank loans or other indebtedness outstanding. Interest savings to the corporation on an annual basis as a result of the retirement of the 4Vis will total $1,172,295. Part of the'net proceeds from the recent sale of the corpora¬ tion's Argentine telephone subsidiary, the United River Plate Telephone Co., Ltd., to the Argentine Government for a gross price of approxi¬ mately $95,000,000 will be utilized to effect the prepayment and re-; demption of the-bonds.—V. 164, P' 2019. V V ' ,f} / " - ' ' " ! v v , ("Investment Telegraph Corp.—To Retire \ 29 announced that it Investment Company of • - profits at the end of the quarter were $2,851,206, equiva¬ per share. Unrealized profits were $10,455,918, equivalent i " 55,250" 55,250 2,200,700 ' A $391,363 476,331 $399,107 471,631 : iv'Cash;--_-i:;_— $9,867,335 $9,466,899 $1,364,145 ——1— dividends 50 85,232 STATEMENT OF NET ASSETS, SEPT. > •'.197,484 5,797 — Net "profit and $476,596 76,088 $9,759,851 196,405 472 -1 charges-,. :■> $475,195 " Frov;'tor.FedT' inc.''taxes^ recent 1943 1944 . 106,815 date to"$3.56 per share. $51,682,822 42,964,269 37,777,976 -:W 761,551 - vr-752,-833 3,771,207 3,392,161 ' old ^ 30 represented by 2,608,551 outstanding shares on the corr a year ago Net asset value per share adjusted for cash dividends paid during the period decreased 7 ;4% during the last 12 months, compared with a decline of 4.2% for the Dow Jones com¬ responding , ' SEPT. r> ^,'^or -soldf-(het)^ • 1949 .'588,300 i , ENDED ■ •'•" $542,247 4 posite average, similarly-adjusted. \ » f < .Miscellaneous . .of $78,016,659, Dividend The that from the the net earnings Sept. ■"i; Gross Other income Cash that ended $528,613 98,460 th» to $38.50 per publicly-held debenture indebtedness by calling on or The : informed are year ' $640,707 effect to amount accrued interest up to and • 1946, the: total net assets stood at $70,154,390, repre¬ sented by 2,939,703 shares outstanding, compared with total net. assets Current A' 1946 ' will $26,051,000. : . 9,855,294 V 190,001 fiscal QUARTER : income - - and adm. exp. : As of Sept. 30, $13,760,362 $13,851,759 $56,767,521 revenue— goods yfii-V, r 3 Mos. Ended——- divi- interest-— Cash dividend $87,948 68,796 96,326 78,624 and FOR ' ;Sep. 28,' 46 Sep. 29, '45 Sep; 28, '46 Sep, 29,-'45 Pro v.; for depreciation^. Sell., gen. /■*- _ out¬ York, N. Y., transfer New were indications the expenses Net ,<&.Subs.)—Earnings— ^ , • other oper. "Cost v. ■■ ,:J,.-< Period-* Net sales, $5,862 • Hazel-Atlas Glass Co. ^ 563 46 Net income— $8,702 Dividends declared————I—— ^v. 164, p. 1870. 35,000 ; dends Total $123,511 ,35,000 299 2,916 — to be Incorporated Investors^-Quarterly Report— . 117,873 declared, w 1947, for redemption on July 1, 1947, its 25-ycar 4Va% gold debenUure bonds, due July 1, 1952, currently outstanding in the amount of $780,825 i? $7,831 993 $8,522 3,097 ; of quarter , 1, The stock transfer books will not 1946. stockholders available, figures fourth Income Net oper.. revenues Non-oper, income (net)- the shares share on per entire „ 8,4\4 (i0- 9,353 : on Oct. 24, approved shares for one, and the increase meeting held two Broadway, 100 25, just giving after Arrearages, 15. The corporation on Oct. 30, 1946, are approximately $1.25 per share on the 100,940 shares of capital stock outstanding on that date. • .tr-*" i- \ : • : The capital stock on Nov. "1 was quoted ex th6 stock distribution oh thi New York Curb Exchange.—V, 164, p. 1871. • v "the for , 35,698 3,301 -• 4,669 . Taxes $56,185 Oct. the year. Nov. on International Telephone & to. $5 Co., this 15, $1.25 ^ par amount like $26,051,000 of 4V2% Debenture Bonds— : r preliminary 1946—12 Mos.—1945 1946-*-Monthr-1945 $65,567 Trust meeting, '' , include Quit 4s Ship:Jtsland Split-Up Approved— special $1 of A 4. payment of the dividend share.—V. 164, p. 1872. ' cap%al stock, business on the At $;cord peacetime level and 125% over 1940.—V. 160, p. 2543. r of close be closed. _ stockholders ' :•. ■ of meeting , , diividend of $1.25 per^(share on tho $100, payable Nov. 15 to holders was paid on Jan. 15, Feb. 15, May The only payment made in 1945 was stock, preferred Nov. Aug. and one agent, has been authorized to issue and mail, certificates tor the addi¬ 100,940 shares on Oct. 31* 1946, to stockholders of record at the outstanding bank loans and for plant modern¬ that $1,000,000 will be needed for expansion retire the at cumulative record .15 tional estimated is York The New 27 to vote preferred stock. ^ director of this company and a tormfer 'director Corp., died at his home at Spring Lake, N. J., ' v, ^."2'.*/'! ^ *'* .v a Steel The idifectors bave declared^^ of Illinois*^Springfield,: 111.; and: approved • on* Oct. ^25, 1946. for Nov. proposed new issue of 10,000 shares of 4 % a would be ' Morrison, States United 5% alter the split-up. An amendment to the company articles incorporation was liled with the Secretary of State of the State of of ^ ' - value, from stated annual . International Rys. of Central America—Declares Pre¬ ferred Dividend of $1.25— standing •' Preferred Issue— on stockholders, split-up of the the , the addressing v\ • 13,700,624 4,149,691 559,302 1945 jrestatedAo v Illinois Zinc Co.—Stock $3,870,206 1 422,352 649,449 —_ vC Haloid Co.—To Vote x 727,408 income, v-1945" ' $4,273,860 revenues — in - 22. of 62,795,489 38;250,810 1,448,414" - RR>-rV. • Corpv—Outlook^* International Nickel Co. of Canada, Ltd.—Obituary^-— . : J' ' . announced .'Thomas • NOTE—'Eaoiings for 164, p."1722. wm -A3 ■ plans for the holding of regional meetings of stockholders In various sections of the country as a means of keeping them better acquanted with operations and results of business progress, (j; Mr. Ware stated that the plants, mines and other facilities of ther corporation are operating at full capacity and there is no evidencft of diminishing demand for their products. He indicated that sales are expected to increase over thosq of last year. ' He pointed with confidence to the further development of ths corporation's amino products division with completion of the new plant now under construction at San Jose, Calif. He expressed doubt that any potash will be imported into this country for at least another year and stated that the corporation, already has started exporting phosphates and chemicals to help mee$ the foreign demand resulting from the war.—V. 164, p. 2154. •$ ' 86,133" 1,543,542 128,575 3,346 charges Net director a 1871. Oct. on He proceeds of 164, ' Miscellaneous elected has been Kellogg.f and offjbe employees and added that the compensa¬ employeesAvould be considered on an individual basis.-— / 1 > other p. corporation held c." income j;;'' X:'^The-Gulf company has outstanding $2,642,000 of 4*h "first mortgage; OOQ 164,' the the SEC 28,730,750 15,262,842 247,687- --Net "ry. oper, lncoitte»" Other Abraham L. Pointing to the increased demand for plant foods and minerals and chemicals, Louis Ware, President, forecast an excellent outlook for - ^■•'•■. Vice-President, Jr., Hon. On-Oct. 26^—V. 164, p. 1209. 3,825,608 Equip. & jt. facil. rents. '; (net': Dr) ' ■i as laboratory of 189,612,643 13,654,066 >124,645,512 126,817,154 13,808,746 used be ( • for^ sub¬ and its • will funds Remaining Thomas J. Watson, President, on Oct.- 25 annofanced a wage increase 10 cents an hour for all hourly rated and non-exempt salaried in IBM factories, including customer engineers • in the field 1946—9 Mos.—1949 . 3,697,460 tax second dissolution. Watson, tion 17,479,674 153,376,262 from ry. oper. rev. and a loan and $708,930 for retirement of preferred stocks in order to prepare for of payment the late and . l3:4B-^Mdrith-—1945 Rnd. Sept. 30— determine. shall of directors board Credit International Minerals & Chemical Estimated share. a the the in share. Of 4he proceeds, the company will ad¬ Corp., its .sub-holding company, the sum a ultimate J. succeed V. ;; iopertttirig^^re^s;Pi7,5(>6,206 Riailway the as Shares common. employees will be added to working capital.—V. • for '% companies. '' of Registers With — • of Stockholders also will be asked to approve a re-financing plan calling for the issuance of $4,942,000 first mortgage bonds, series A, 3%%, due in thirty years, the -proceeds of which wili he used to refinance indebtedness represented by bonds of the two respective •companies previously outstanding; Arrangements have been made to place privately with insurance companies, the $4,942,000 new bonds, at an. effective interest rate to maturity of 2.90%, thereby reducing interest charges $30,887 annually, or $926,610 over the life of the bonds without increasing the principal of the debt of the combined ; v . Illinois Central RR.—^Earnings of System— Period stockholders - "has been called for Nov. .4 to.: .vote on is .proposed merger of Its wholly owned subsidiary, Louis¬ iana Public: Utilities Co., -Inc. into-the parent company. in i during the Chicago " ; ' registration a pai") stockholders manner $20 Wage Increase— 1945, r of 1722.. p. meeting certain to subsidiaries, 11,045,397 I Gulf Public Servicejnc<4--Hans Refinancing^ Etc; —Bonds^ to Be Placed Privately-"/ A special of ■ 28,598,018 1,022,686 28,189,824 9,107,059 3,505,805 Net ry, oper. income —V. 164, p. 2154. *« 1 .The company on Oct. 39 filed a registration statement with for 60,000 shares (ho par) common. Stock will be offered 384,992 25,876,377 4,317,222 railway; railway such first ($4 # received 162, ' International Business Machines Corp.—New Direqtor in Increase an months Household Finance Corp., SEC— 1— from from $3,090,785 531,714 - JJ 1 company .-i.?;.-'-v:- v.~.Va--'.- .V-Vi in latter's Thomas , 1943 1944 1945 $2,832,777 income— oper. From Jan. Gross Net 1946 the Y.—V. N. Working capital.—V. 164, p. 557. in^Queens is Illustrated by the of York, New . filed of common Industrial $760,000 the City dt New York, trustee, 11 Broad Bt.,- New York, N. Y., will until 3 p.m. on Nov. 12, 1946, re¬ ceive bids for the-sale to it of first mortgage 4%. sinking fund bonds, due Oct. 1, 1950, to an amount sufficient to exhaust the sum of $174,968, now held in the sinking fund, at prices not to exceed par and interest.—V. 162, p. 2016." v * , " " ■ 1 • f per share. Payment will be made at The- National City Bank of New York, 20 Exchange Place, New York, N. Y.—V. 164, p. 2018. Gross of the number of titles and an increase in 130%, in the same period.—V. 164, p. 422. 1946, ^^l^ie- Chas^v National ;Barik cents I V . office nine of next, $225,000 of l, bonds, series A, due Jan. 1, 1950, will be made at the Central Hanover Broadway, 70 29 shares to price, to Industrial's Hotel St. George Corp.—Tenders Sought— The" company has tailed for redemption on Dec. 1, next? 1,250 of Its outstanding shares of 414 % cumulative preferred stock at $103.50 per share and accrued dividends (from Oct. 1 to Dec. 1, 1946) of 71 .4 of first v Greyhound Corp.—Partial Redemption— - be sold Oct. on 100,000 Offering this company at Jamaica, L.T., N. Y., activity Jamaica insurance trustee, Co.—Opens New Officer- New Queensborough offices of were 24,786,000 railway ry. oper. income™ Net Home Title Guaranty company for will to 1— railway from Net ) from $2,745,000 income— oper. From Jan. Gross $2,938,000 *368,150 railway_..j._ from railway Net - $2,947,000 from Jan. on gold Payment "... subscription vance payable^ $6,854; accrued miscellaneous taxes, $2,039; dividend payable on Oct. 25, 1946, $9,000; reserve for Federal income tax, $5,257; <>' capital stock, $900,000; earned surplus, $325,958; distribution to stockholders in years prior to 1930 In excess of earned surplus at dates of distribution, Dr$503,542; total, $745,566.—V. 164, P. 1208. v;>::.."' .v " mortgage Co., for LIABILITIES—Accounts 1943 1944 1945 Redemption— redemption statement with the will be offered ratio of one share lor each five shares held. At the expiration of the subscription period, shares not sold may be purchased by other common stockholders or 30,' 1940 V. banks, $383,620; United States Treasury (obliga¬ tions, at cost), $60,000; accounts receivable, $15,032; crude oil, atposted field prices, $936; investment in and advances to WyomingCalifornia Petroleum Co., $138,000; marketable securities, at cost, $12,500; oil leases, at cost (after reserve for depletion of $498,400), $60,499; wells and equipment (after reserve for depreciation of $700,473), $70,632; deferred charges, $4,341; total, $745,566-.' (II. W.) Gossard Co., Chicago-~50~Cent Dividend— The Trust & The - - 'ASSETS—Cash in • refunding and interest. 102 Va for Industrial Bancshares Corp., St. Louis, Mo.—Registers With SEC— $352,397 $366,850 $360,998 , BALANCE SHEET, SEPTEMBER CONDENSED called 337,757 $325,957 "Loss. been P. 2272. surplus ;Sept. 30 . at Bank Balance, agreement with the union on all other ters may be concluded and operations resumed shortly. and first $14,640 .y; 27,000 paid surplus surplus Dec. have There 1943 1944 1946 9 Mos. End. Sept. 30 will accept. f,It is expected that an Indiana Service Corp.—Partial Holly Development Co.—Earnings— atlng mines in British Columbia, with the exception of the Consolidated Mining & Smelting Co. at Trail, W. C., remained unsettled on Sept. 30. ) "The Commissioner appointed by the Federal Government made his Recommendations on Oct. 12. The union has accepted these recom¬ mendations and the company has also accepted them subject to certain conditions which the company believes the union 2287 FINANCIAL CHRONICLE THE COMMERCIAL & Number 4539 [Volume 164 $1.37»/a per ^ ^ Co., Columbus, , , O.—$1.37 % Dividend the commoa of recordNov; 30. 21.June 10^and. share has been declared on stock, no par value, payable-Dec., 10 to holders This compares with 37 Va cents per share paid on Feb. Jeannette Glass Co.—-Earnings— Sept. 30— Net profit after charges and taxes..,: —.™ .♦Earned per share ™—. -—' ! The 1945 $85,508 1946 $603,420 $2.14 corporation Oct. on filed 18 Louisiana Public Utilities Co.,'Inc.' Parent and Retire petition in the Federal Court reorganize under the Chandler a Philadelphia, Pa., for authority to Bankruptcy Act, Federal Judge J. P. McGranery appointed E. B. Morris and P. R. Skllling as trustees and empowered them to con¬ tinue production of helicopters for the Army while the company is preparing a plan of reorganization. . v;/ T; The bankruptcy petition listed assets of $1,741,606 and liabilities of $809,717, with a cash balance of only $23,130 as of Sept. 29, 1946. W. W. Kellett, President, stated that the company is solvent, but noted that it had $1,200,000 of commitments with suppliers of raw materials which it may not be able to meet because of lack of work¬ ing capital. He added that because of a shortage of operating cash, the company has been compelled to' suspend production of commercial refrigeration equipment, a new line.—V. 164, p. 1596. • • . at $0.22 ♦Based bn 270,000 shares, giving effect to three-for-one split-up in .April, 1946.—V. 163, p. 2728. : ; ■ V ^'ryiV See Sulphur Co., Inc. (& Subs.)—Earnings 9 Months Ended Sept. 30— -♦Net ♦After ™-™' ....... $329,801 in 1945.—V.' 163, (also after charge-off of $215,463 in 1946 and $75,000 3286. p. 1944 1945 1946 •_: $261,893 : • $346,617 depreciation, depletion and Federal and State income taxes earnings , , . Lynch Corp.—Earnings— Sept. 30— ; 1946 9 Mos. End. appointment of John L Hallett as Vice-President and Chief of Kaiser-Frazer Corp.. and Graham-Paige Motors was an¬ on Oct. 29 by Joseph W. Frazer, President. Until recently Plant Manager of the Soutnern California division of Kaiser-Frazer at Long Beach, Mr. Hallett in his new position will direct engineering work on the Kaiser Special and Frazer automobiles and the Graham-Paige line of farm equipment.—V. 164, p. 1872. The company The on for profit 1945 $468,472 450,000 ■ Number of caiptai shs._ Oct. 29 filed letters pf notification with the SEd Keystone Custodian Fund stock, series "B-3", Engineer - 1943 1944 * $221,704 150,000 Earned per share • $1.04 $1.48 $1.48 ♦After charges and Federal taxes.—V. 163, p. 2856. ^ Keystone Custodian Funds, Inc.—Files With SEC— nounced • 157, p. 166. above.—V. output of this company tor the week ended Oct. 26, 1946* totaled 29,666,000 kwh., as compared with 23,731,000 kwh. for the corresponding week last year, an increase of 25.0%. Electric output of this company for the week ended Oct. 19, 1946; totaled 29,409,000 kwh., as compared with 22,384,000 kwh. for the corresponding week last year, an increase of 31.4%.—V. 164, p. 2020. ♦Net Corp.—Chief Engineer.NamocL— To Merge With — Indebtedness— Service Co., Inc. Louisville Gas & Electric Co. (Ky.)—Weekly Output— , Kaiser-Frazer Gulf Public Electric . Jefferson Lake Monday, NoVember 4, 1946 Kellett Aircraft Corp.—Seeks to Reorganize—- 9 Months Ended . CHRONICLE THE COMMERCIAL & FINANCIAL 2288. $222,793" $376,548 150,000 , $2.51: 150,000 : —. 750,060 shares of series "B-4" stock, 500,000 shares of series "K-l" shares 400,000 of - * . stock, 50,000 shares of series "S-l" stock and 5,000,000 shares Of series "S-4" stock. Offering price will be at market by The Keystone Co. of Boston, underwriters. The proceeds will be used for investment. Lytton's, Henry C. Lytton & Co.—To Sell, Then Lease, Building— —V. Negotiations are expected to be completed within the next few as result of which this company will cell the 18-story Lytton at Jackson and State Sts., Chicago, 111., to the Prudential Life Insurance Co. of Newark, N. J., according to an announcement: by Willard W. Cole, Executive Vice-President and General Manager of Lytton's. • The transaction will also include three underlying leaseholds and simultaneously with completion of the transaction, Lytton's will enter into a lease with the Prudential company for use of the entire premises for a term of approximately 65 years ending April 29, 2011, which is the approximate period of the present underlying ground leases,. Mr. Cole said.—V. 164, p. 2020. . 164, p. 2019. days The Period End. Sept. 30 for spbscitfption to stockholders of record of common stock (par $10), at $15 per share, held. Rights expire is offering company 100,000 shares 15 Oct. Total 1946—9 Mos.—1945 $2,636,924 1,552,512 revenues— oper. Operating expenses™—. Of one new share for each five shares in the ratio Maintenance exercisable at the company's "Depreciation office^ Parchment, Mich. . , - ' • : Taxes (incl. Fed. inc. 1 Company was incorporated in Michigan'; Oct. 27, 1909. Company tax) has three wholly-owned subsidiaries, namely: K. V. P. Co. of Texas, located in Houston, Tex., the Appleford Paper Products Ltd., located" Operating income in Hamilton, Ont., and Aridor Ltd., located in Hamilton, Ont. . . Non-oper. income (net). The company also has two partly owned subsidiaries, namely: Harvey Paper Products Co., located in Sturgis, Mich., in which the company Gross income-™™*.owns 90% of the outstanding capital stock, and the KVP Co. Ltd., • : Deducts, from gross inc. located in Espanola, Ont., in which the company owns 90% of the ^'outstanding capital stock. ' " . * Nov. at 8 5 p Warrants EST. m, 193,559 -™-—— are 173,919 . 1946—12 MOS.—1945 $3,540,085 $2,538,626 1,448,934 149,158 127,162 $3,404,805 1,976,053 199,063 165,262 2,102,680 260,506 255,450 . , • r Net The company, operates a manufacturing branch at Devon, Pa., and sales offices in Chicago, New York, Detroit, Boston, Minne¬ The jhave for disposition of the unsold stock,« present time the At ;• the company has " i'he j KVP Ltd. Co, complete the construction of the mill upon completion. by its purchase of Paper Co, in 1943. voperate the v company The total the of cost property a from Abitibi Power ; -l Net from From Jan. Net from —V, 1,000,000 shs, s ^ ,. $8,750,000; , :l At June 30, 1946 the company had borrowed National Bank, New Vork, $250,000 of which .note Dec. 31, due 1348, and $8,750,000 of was addition to the above serial notes, Net • 1— 243,621 249,666 135,605 187,924 1,609.412 ,347,644 107,790 , income 1723, p. ■ from 2,313,720 2,493,193 6 Mos. End. ' v .. oper. 1946 «. 1,148,617 1,267,610 602,547 722,742 709,955 ' $617,873 ;Fet sales — ,^st Of products sold jiSell., adm. & gen. exps, Net from Net ry. Net profit fOUier <income $594,604 61,618 ;.;*v Total income $656,222 (*ther deductions Federal normal and tax $523,241 196,932 219,093 Equipment 138,697 Jt. Taxes From 4,808,733 1,675,349 1,053,675 Other 1,738,701 :' $559,768 $2.70 $0.59 • 950,780 " V ■: " Can. Refundable taxes 660,920 590,315 49,280,921 8,633,295 61,343,166 13,235,919 3,422,922 3,796,777 income... Jan. 1944 1945 . 1,896,721 1,336,973 1943 ,• v The of int. ity in Cr350,762 r tial Redemption = Dr6,485 2,722 75,053,944 21,172,123 9,132,175 68,440,205 23,283,047 10,200,520 . 3,057 Net profit 164; p. 1329;: —V. $236,728; Gross, from ;Net from $664,426 * 1946 1944 1945 $84^591 _ $83,668 34,000' ' I 4^,000 Net ry. oper. railway_>^ railway.. ?Net ry. oper. income--*' : $309,440 ; 112,597 52,412 ; V* ; $303,299 109,175 36,102 1944 $376,456 1943 $304,597 200,903 99,044 89,140 29,890 Gross from railway...^. railv/ay_._,„. .Net ry. oper. income... *—V. 2,770 844 1,117,063 502,668 164, p. 1723. 3,420,313 1,772,579 750,904 3,105,803 1,653,623 719,655- 2,970,251 1,374-,999 589,163 Master Electric of. record Oct. v 0 are as given the right t» previously reported! Co.—Quarterly Report— 63,125 : ' $8,238,605 $2,953,559 —;—- r.: 9 Months 3 Months > sales Net" profit $109,795 54,000 193,805 / pther 164, e-$41,668 400,000 ■ $0.13 $0.13 p. 955. Gross income $55,795 400,000 S Income ... - 1945 $3,783,447 958,754 255,257 1944 - • , railway.™—. oper. 164, p. > 7.643,200 1,020,362 income 34,896,957. 9,630,774 3.325,718 34,564,760 9,025,113 2,485,606 1943 $3,911,354 1,167,804 Federal income revenues. oper. Other ry, tax facil. Net ry. —V. 720,092 taxes... accruals. Railway oper. income Equip; rents (net Dr)__ Jt, 1946—Month—1945 $1,195,066 expenses; 130,000 % ~ 63,679 67,409 6,607,228 558,000 616,976 61,790 income. $212,460 32,994,782 10,198,349 3,753,929 ^ S 43,750 ; 217,400 $1,524,247 $2,027,439 $217,903 • $354,703 ; $1.4aV on deposit, including special deposits $289,188; U. S. Government securities, $11,590; accounts receivable, customers (less reserve $18,500), $1,133,992; other accounts receivable, $17,205; inventories (estimated), $2,006,400," Claims receivable, from United States Government for net renegotiation rebate due to additional amortization, $28,692; cash surrender value of life insurance, $10,000; land, buildings, machinery, equipment, etc. (after reserve for depre¬ ciation of $938,280), $1,192,575; patents and patent applications, $1; deferred charges, $49,117; total, $7,340,761. < ;; ; postwar current on hand and readjustments, redemption (Glenn L.) 719,862 $2,736,156 609,652 ' 99,065 f 1946 BALANCE SHEET SEPT 30, .. value, (fcrade), accounts payable $149,999; $2,492,986; total, $7,340,761.—V. 162, p. 783, 8,421,686 3,500,600 $2,123,673 531,959 71,553' 67,467 6,351 $181,339 ^ $615,8531, . 1946—9 Mos.—1945 $9,905,877 $15,378,304 $259,243 7,045 oper. 208,000 $281,295 rents (net Dr) 164, p. 1723. $1,266,045 731,393 £43,906 ^ ^ (others), $33,213; long-term bank loan due in 1946, $150,000; accrued salaries, wages and other compensation, $162,874; accrued taxes (State and county), $15,466; accrued social security taxes, $41,616; accrued interest on serial notes, $7,117; provision for Federal taxes on income (after deducting U, S. Treasury tax notes—at cost and accrued in¬ terest—$291,578), none; long-term bank loan 1 % % -2 % (serial notes last payment due Nov, 15, 1955)^ $2,850,000; reserves for postwar read¬ justments, $413,288; reserves for contingencies, $425,000; common stock ($1 par value), $249,932; paid-in surplus, $349,272; earned surplus, Louisiana & Arkansas Ry.—Earnings— oper. . ; ; share.—™.i-*.$0.87 LIABILITIES—Accounts payable 334,133 1724. Railway Railway — taxes——— — ASSETS—Cash for at 1—» 34,858,036 $365,714 14,261 133,550 -— — income Net -income $3,964,252 1,074,751 276,810 ... deductions Provision for Federal ' 1,047,498 268,218 ; $0.14". ' - . ; $571,947 $356,436 operations™*---.-.™--—-" from income9^278 • $854,603! From Jan. 1— iNet from . $4,178,309 income... Jan. Net ry. 859 Ry.—Earnings-^1945 $50,591 400,000 , ;1946 railway*... Net from railway Period End. Sept. 30— 1946 . $479,974. Net sales $2,890,434, $8,044,800 ! Of sales_.^.—.-.^*.-™™i.™._-..-—*;;-; 2,194,291 ;■; 6,516.897 v Selling/general and administrative expenses— 339,708 \ 955,95a Earnings— September— Gross from • Kansas Oklahoma & Gulf September— $565,495 $15,764 / $197,420 ; Cost " —V. , 1,12*3,050 '§ 1,255,876 H y-.'r stockholders common Gross for redemption on Nov. 1, 1946, $63,900 sinking fund gold bonds dated April 15, 1930, at 101 and interest. Payment is being made at any branch of the Bank of Montreal in Canadav-V. 130, p. 4063.^ 3* l % Gross from railway.... fn- $1,735,850 136,161 . Co.—Rights to Stockholders— Freight, returns and allowances . 674,253 . $1,320,470 $98,914 —. Period Ended Sept/30, 1946— , Corp*—Earnings- 0 , Long Island RR.- Cr33,262 i 348,811 $151,925 ;;CP^*-164^p,,,-2054;:i;;:;:;;;^ The company recently called of 6j/2% first mortgage 20-year Net from subs._._„- V 74,875 v p, 1873. Earnings per common 126,721 ; etc. $203,525 104,611 1,306,970 Realty Co., Ltd., London, Ont., Canada—Par¬ From prior years™ Profit applic. to minor¬ come 52,200 164, 1 $1,328,529407,321 ; 2,932,638 , per London 463,362 *5~1~999 int. , . '$77,050 $155,484 " 48,041, convertible preferred stock at par ($100) and dividends,;; on the basis of one preferred share for 'each 10 shares held. Rights expire November 6. Offering is underwritten by Eastman, Dillon At : $8,072,748 $7,831,448 1— railway railway ♦Net profit Number of capital shares—.— in¬ on 203,437 $971,659 1,428,520 207,793 356,047 cumulative v including Domestic Subsidiaries) 49,535 387,800 235.766 . . -tsubscribe to 2,900 shares of 4Y*%^ (not 4M»% $6,1.79,715 1,317,579 3 Months Ended Sept. 30— * Profit before Federal .taxes.....;..,^' Federal tax provision —.1 —„' $2,119,799 129,000 37,000 188,500 25,167 12,464 22,155 ... $2,070,264 . $3,168,279 :• __—... income Maitine ' $1,217,057 202,836 $2,691,690 1,128,218 inco/ne. oper. income Net —V. $709,961 •726,284 i $0.67 1,169,770 Lehn & Fink Products 1943 70,440 12,573,233 $138,392 ;; ; 3,155 33,020 $336,223 146,120 rents (Dr)_ /'% (Or) income Gross 1944 $2,569,350 950,780 1946 $5,824,226 . railway..: share ..... ^After all charges and taxes.—V. $1,146,617 v 1,307,061 ,1,487,302.12,733,285 rents Net ry. 4,656,082 1,012,712 1945 1946 ^ - Net ry. oper. income.— —V. 164, p. 1723. - Earned $629,087 245,632 185,479 —' 118,340 letter of notification with the SEC a 1946—Month—-1945 ' 1946-^9 Mos.—194S $1,643,284 $1,625,694 $15,424,975 $15,741,512 —— lac. Rentals, Gross from income surtax e»6ess profits tax_ ra,xes on income-^ J'ed. $510,747 , equipment and working capital.. revenues- oper. $533,359 - 651,796 >i after oper. Net irom $10,136,842 $14,497,595 $14,314,809 $15,563,464 8,677,465 12,739,003 11,947,371 12,339 570 864,772 1,247,844 1,220,820 1,153,628 Gross be used for Period End. Sept. 30— Operating revenues—. (Operating expenses ^ 1943 4,202,738 939,433 \ 845,138 - - September— Gross from railway - 1944 21 filed •' Lehigh Valley RR.—Earnings-^-; represented by a represented by was Years Ended Dec. 31 1945 . Maine Central RR<—Earnings— 1944 1 $525,759 i- charges & taxes.. Com. shares outstanding.: Earned per share ; —V. 164, p.; 1723.1 ; v - company en Oct. ' '-114,995 1945 4,893,789 1,426,810 ._ 12 Mos. End. Sept. 30— company • June 30, *46 , Chisholm, Jr. and C. M. Spicer, all officers and directors of the com¬ Offering price, $ I a share. Underwirter, C. W. Mills, Denver. ■ „ elected been pany. 2,476,100 1.264,078 railway- ^ 234,202 154,804 income.. .J >129,32393,450 Net profit the annual rate of 3% in the case of 15 notes maturing quarter-annually from June 30, 1947 io Dec. 31, 1950, and at the rate of 3^4% in the case of each of the .21 notes maturing quarter-annually from March. 31, 1951 to March 31, -.v has for 150,000 shares common stock (par $1) on behalf of company and 25,000 shares each on behalf of A. R. Griffith, C: W. Mills, A. J. Lehigh jPortland Cement Co.—Earnings— ■ ='$00,000 shs. " ,-.v' $8,750,000 CONSOLIDATED INCOME STATEMENT Brownlee, , railway income.. —V. 164, p, 1723. at 1156. //v F. . 1943 82,887 railway:—... oper. 164, Net ry. including the note due Dec. 31, 1946, said 36 notes :to.be each in the amount of $250,000 and to fall due serially June 30, 1947, and quarter-annually thereafter until March 31, 1956. Interest be a director. : He was a Viceabout three years and President 1935 to 1943, He Served during the war as a member of the War Production Board, Deputy Admin¬ istrator of the Office of Price Administration and Deputy Director ia the Office of Economic Stabilization,—'V. 164, p. 2020. $415,743 265,733 192,572 1945 $384,713 151,052 railway— funds, notes will / President of General Foods Corp., for the Frankfort Distillers, Inc. from Proceeds will Net from ;it is provided that upon the offering of the 100,000 shares of common /stock, and at any time on or before Nov. 10, 1946, the bank will ,;accept 36 replacement notes to the total of the remaining $9,000,000 yon the new -each of the premium paymen.t if prepaid out of other borrowings. a New Director- From Jan. 1—« , borrowed with The 1944 $398,077 " 1946 $313,923 ; Gross from railway... has since June 30, 1946 borrowed $500,000 to mature Dec, 31, 1946, and $250,000 to ^mature Dec. 19, 1946, which it is intended will be retired out of the proceeds of the sale of the common stock now offered. The company has under date of Aug. 23, 1946 entered into a new ^ Joan agreement (Sept. 25, 1946) with Chase National Bank wherein i during the five-year period of the term loan with 50% of the amount being due at the expiration of the five years. It also provides that at any time during the five-year period the term loan may be prepaid Toronto, Canada, at the holders' option.—V. 162, p. 2149. Net ry. oper. A\ notes due ssriaUv over the oerjod from March 31, 1947. Dec. 31, 1953. The serial notes bear interest at the annual rate of 3%%. In cents cents 8 Lehigh & New England RR.—Earnings— $9,000,000 from Chase which of 8 one of , September—i * Gross from railway..: Outstanding Authorized ' ^Common stock (par' $10 •'Term loan notes, jib® aerially, March • 31, 1947 to Dgc. 31, 1953, .incl.™— with dividends of * railway.. Gross from Net ry. 1 - quarterly St. John Power & Paper Co., Ltd.—Partial Re¬ Net ry, oper, income— *• - t four paid Gross from railway.. : CAPITALIZATION, GIVING EFFECT TO SALE OF PRESENT ISSUE ," and Aug. 20, last, as compared cents extra on Feb. 20, 1946. 1945 Lake Superior & Ishpeming RR.—Earnings— Sept. 30, 1946, has been approx¬ company has incurred bank loans of , 4 .in September— project to offered,' low 20 and loan at the expiration of the two years, v, The agreement provides for a commission payment fbr any unused part of the credit during the first two-year period. It also provides that 5% of the amount of the term loan shall be paid semi-annually term Madison Petroleum Co., Basin, Wyo.—Files With SEC .^available from operating sources without impairing the primary objec-! itive,: which was, and is, the production of pUlp. The completion of ; %the Espanola project is therefore not dependent upon the sale of the jistock $267,685 $195,277 ; in Montreal or & (.exceeding the amounts required for maintaining adequate working fcapital at Espanola. The remaining phases of the Espanola develop¬ ment relate primarily to pulp-refining and paper making processes, .and investment therein can be deferred until funds therefor are ; $216,672;; The company has called for redemption on Jan. 1, 1947, at 102 interest, $986,500 of first mortgage sinking fund 525-year bonds, series A. Payment will be made at the Imperial Bank of Canada imately $11,900,000 and the $9,750,000 in connection therewith.. The mill at Espanola is now operating and has attained a daily production of approximately 200 ;tons of sulphate pulp and 40 tons of groundwood, which is substantially s the rated capacity of the mill. The Espanola operation has therefore ,now reached a point where cash is being realized from it in amounts , Straus, President, on Oct. 25 announced that the company signed a revolving credit agreement with the Bankers Trust Co., Irving Trust Co., National City Bank of New York, Bank of Manhattan, and Bank of New York for $20,000,000. The revolving credit is for a period of two years and all or any part of the $20,000,000 may at the company's option be converted into a five-year the " by the company to t§,ke over ; a pulp mill at Espanola, and to The mill project was initiated by and Jack had James incorporated was 170,514 and common stock, amounting to $1,500,000, providing the entire offering is sold, will J be used first to retire short-term notes of $750,000 given Chase National Bank subsequent to June- 30, 1946 to replenish funds previ¬ ously advanced to The KVP Co. Ltd. for the Espanola project, and then to make advances to The KVP Co. Ltd. for use in completion jpf its Espanola project. - ■ JR. II.) Macy & Co., Inc.—Bank Credit Agreement— I. $622,063 354,378 of 30 cents per share has been declared, payable Nov. 20 record Oct. 31. Distributions of 12 cents each were Fund Lake ' jjthan the offering of the 100,000 shares offered.- ' • i, PURPOSE—The proceeds from the sale of the .■ 13'409 • $365,791 , $608,654 ; of demption— plans for financing other no , . $357,697 8,024 each, and, in addition made the following extra distributions: Feb. 20, May 20 and Aug. 20, 4 cents each; and Nov. 20, 50 cents. This made ;a;total pf $4,cents in 1945^-VV 161, p. 281. " - In the event that there should remain any expiration of the warrants, depending upon shares, the company will apply to the SEC for the withdrawal from registration of such shares or will present to the Commission an amendment to the registration statement in form such as will cover any proposal which the company may then , 284,116 $169,390 May on quarterly unsold of the holders made warrant holders. unsold after the amount 120,575 . $500,788 455,773 563,752 ; Knickerbocker Fund—Declares 30-Cent Dividend— to The company; has agreed with Chase National Bank" to use Its best •efforts to sell to others any of the shares offered hut not subscribed by $289,965 income A dividend whereby any commission will be paid to any person for services as a •broker, or otherwise, connected with the sale of this stock,> v-.., shares ,6,314 $493,044 7,744 —V. 164, p. 727. apolis, Philadelphia, Baltimore, Houston and San Francisco, with sales representatives located in ether principal cities of the United States. There is- no underwriting agreement, nor is there any agreement the $283,651 . : 320,328 . ^ maintains V for 433,283 ___ , . Building Kings County Lighting Co. (& Subs.)—Earnings- Offered Vegetable Parchment Co.—Stock Kalamazoo ■ ■ Plans to more than v ^ New Director Elected-— : _ Martin Co.^-Plans Increase in Outputdouble the productive capacity of the company's new chepilcal plant now under construction near Painesville, Lake County, Ohio, were approved by the board of directors and announced by Glenn L. Martin, President, on Oct. 25. Mr. Martin announced that at the same meeting-James M. Nicely, xri/.n_Or.ociHor>f nf the «iiarantw Trnsi. nf New Ynrk. was elected ,Voluble. 164 f . the of directors. Mr. Nicely also is a director of the H. L. the NCw York, Chicago & St. Louis RR., and a trustee board and Annuity Association. 41 ' Expansion plans for the Painesviile plant, which will produce Martin Marvinol- Resin, a vinyle-type plastic raw material, call for an increase from 11,000,000 to 25,000,000 pounds annual capacity, and the "It .• Teachers increase san •of in Resin has stated, exceeded far even . SEC— (, s SEC— The company on ;for 1,000 shares * " 67,619,601 62,106,436 22,890;810 19,640,080 3,264,960 5,524,075 4,834,784 Court approval Interest first series • due I 1981; ; the on series due Offering price, $10 and notice due Interest All due . Jan. 1 and July 1, 1938 on the International-Great mortgage 5% gold bonds, series A, B and C. payable at the office of J. P. Morgan & Co. In¬ paying agent, 23 Wall' St., New York, N. Y.—V. 164, first interest corporated, oper. revenues— Operating expenses— 9 Months Ended sales Net °Net Metalite Corp., Las Vegas, Nev.—Files With SEC— * 16 filed a letter -of notification with the SEC 7% cumulative preferred and 1,000 shares ,< 10c" par) common. Price, $100.20 a unit consisting of one share oS preferred and two shares of common. Proceeds will be used for p^'Chase of equipment. No underwriter named. v ; The company On Oct. for shares 500 ($100 Taxes 100,097 128,399 (incl. Operating Middlekamp Building Corp., Pueblo, Other income * » ^ Total "" - Gross company f'.; not Midi Net from railway. $143,108 45,591 38,780 19,619 23,074 5,904 V. oper. ry. 164, p. income— 1724. 1,308,652 1,261,772 426,836 399,419 215,048 177,840 • , . income Gross Net from *r-*-f.*T ■■■-■' _ • ■ , u ; _ '* have declared 164, Gross from V-vi From Net from Net from tNet ry.' "* w — ; r~ opehincome__-~_;~-M 5 From Jan. l—; ' railway 'NTet from railway— oper. income *DefiCit.—V. 164, — J p. 1945 $3,143,984 533,425 • 62,964 bonds, 1,720,068 Minnesota & Ontario Paper Co. (& iNlhe MonthsEndedSept. 30-^v ; .-4 ^ Donald D. Davis, Minnesota Valley Canning * 1 reserves. 1948 $42,216,816 $32,061,689 142,250 16,306,000 550,858 22,440,008 $9,070,828 2,280,279 $3.98 'vi of the to serve Oct. 24 the electioh of Gen. John in boards as of Resident Representatives in these wine and direction of Pres. Edmund A. Rossi, and Vice-President® Rossi, A. E. Sbarboro and Enrico Prati, and Shewan-Jones, continue heretofore as under the direction of Lee Jamesi •-1,162,262 and F. O. Smith, 164, p. 1874. Assistant Secretary and Assistant Treas¬ > meeting of directors of National Malllnson Fahdcs C6rp. ,:heldl the resignation of Paolino Gerli as a member of the board was presented and accepted. W. Dewey Davis was elected to the board to fill the vacancy, was also elected a Vice-President of tho At & Co.—Change in Personnel— Oct. Mr. 1944 $252,413 $275,629 83,889 93,150 92,422 64,084 71,408 67,100 ' 69,074 ; 1,920,295 336,657 // called , , profit 2,288,761 809,975 ; /*;/•' y-. : 538,866 596,403 of '609,258 his been paying 20 cents quarterly. In addition to th® quarterly dividend, the board declared an extra dividend of per share on the common stock, payable Jan, 2, 1947 t® company v , cents 25 redemption Nov. on 15, holders of record Dec, 16, 1946.—Vf 164» p. 2056., next, $70,000 sinking fund .. /•' ' , - Neptune Meter Co.—Financing Plans Postponed— The- company preferred 1635. and -P. * . 1946 • 1945 $l2,324,009f$26,922,598 depreciation 505,247 1 849 165 1 622,572 —__—:___ 2,015,809 83,762 122,879 197,970 1,331,662 > taxes • - has postponed' Its plans to publicly offer additional common due shares to 16V market, conditions.—V. ' ' New England Gas & Electric Association—Output— ended'Oct/ 251 this Association reports electric output Vf 13,607,270 kwh." This is an increase,of 755,777 kwh., or 5.88% abov® production of 12,851,493 kwh. for the corresponding week a year ago. Gas output for the Oct. 25 week is reported at 141,594,000 cu. ffc, an/increase of 21,576,000 cu. ft., or 17.98% above production of *120,018,000 cu. ft./ in the corresponding week a year ago.—V,; 164, p. 2156/ . For the week . profit —r— —— t$340,840 shares-^-i. common $561,268 :: 546,050 546 050 $0.35 $o,75 preferred dividend requirements. tNo effect has been given states, for unused excess profits credit or net operating s.NewiEngland Power Association, Inc.—Weekly Output i The assocbtlon reports number of kilowatt hours for the week endedi 63,174,962-for the week •Oct.! carry-backs. tSales for the the portion allocable " ! " ? • • comparable figure for the week ended Oct. 19, 1946, Was-68,• 252,850, an increase of 11.26% over the corresponding week last year, —V,^ 164, p. 2056; refund for the year .1945, computed first to nine such, months sales of of 1945 the after are The renegotiation and the provision for Federal taxes has been accordingly.—V. 164, pp. 729,1211; V. 163, p.1731; V. 26, • 1946 'as 68,216,600 compared with 1945, an increase of *7.98%; ended Oct. 27, 162, J. / p,; ;;2152«f;>)' :> -(p-• f A* 1 New Munsingwearj IiiCr—Form of Certificate—> . and! Co.—Common Dividend, Increased . for deducting of Tea report loss A corporation since April, 1939,- and ha® the Pacific Coast territory.—V. 164» Robert V. Rasmussen, President, on Oct. 29 announced that a meet¬ ing of the board of directors held Oct. 28, a regular quarterly dividend 25 cents per share was declared on the $10 par value common stock, payable Dec. 2, to holders of record Nov. 16. Previously th® 862,558 .. ? National 2,193,058 723,383 _________ charges in • . after income the . Extra Declared-r ; ' 2,212,375 325,601 , , . with corporation 1943 $252,924 91,847 " been the 1874. p. $287,940 " has been • Davis represented 1945 Thex New' tfork Stock Exchange this corporation's may ■ 29 fcorporation. — "(After the President, stated that the operations for the third be made certificates; tificates f either that shall' bo ♦ " : . directed that deliveries capital stock,-up'to and including Nov; 12, 1946, with on Oct". 25 temporary certificates or with permanent Nov. 33, 1946, only permanent cer¬ 164, p. 1211. :v. /> September— Gross delivery.—V. -Mutual Life Insurance Co. of New York—New Trustee Clarence Francis, "Chairman of has been elected a the board trustee of Mutual Life. of General He also is a 'following companies: Air Reduction Co., Inc., Chemical /Co., Mead Corp., and Northern Pacific Ry. Co.—V. 164, Foods Corp., director of the Bank & p. 1725, Trust • 1 v < ■/ J *''y ' {. .(_ " /' / " New Orleans & Northeastern beginning a v - ' 1946 /, from Net from ry. , /■;' t % - * * ; ; 'v" Idea, Inc.—Special Meeting Nov. 19— See * Aviation Corp. above.—'V/164, p. Net Co.—Notes Placed Private¬ ly—This company has sold $1,500,000 of its 20-year 3% sinking fund notes to The Mutual Life Insurance Co. of New York, which has agreed to acquire $1,000,000 more of such notes prior to Dec. 31", 1947. Proceeds are to be D. 971,343 •Earned 'pef share tUf< C:;'*■-•• the 837,757 mortgage and collateral trust 35/2% 20-year 1960 series, at 102 ¥2 and interest. Payment will be made Royal Bank of Canada in Montreal or Toronto, Canada.— Number of , account for the nine months period reflects an additional' credit, of $323,088 ••resulting from the liquidation of investment in National Pole & "Treating Co., arid a credit of $510,423 resulting from the restatement on July 5, 1946 of certain Canadian assets less current liabilities at par ( •wlth -thri United'States dollar.-~V;. 164, p. 10., ; ; Chairman as will urer.—V. income— have Federal Net shutdown of under Robert President, railway railway— Operating Other • quarter were curtailed by an eighty-five day . complete (the International Falls plant due to a CIO strike. Mr. Davis further stated that the consolidated surplus j; Italian Swiss. Colony and of California brandy subsidiaries. '! ' In announcing General Deane's appointments, Mr. Porter stated that the long-established management of Italian Swiss Colony, will continu® Mullins Mfg.' Corp.—Earnings— :i"945 Net -sales -v.—$19,060,859 $18,271,484 ..Net Inc. from opera, after prov; for inc. taxes..# 1,125,490 989,780 i t ♦ - Representative id California Appointed--/" / National Distillers 2,807 971 9 Months Ended Sept. 30— SubsO^r-Eaniings-1946 Deane 5,039,877 4,900,329 " 30 Pirio 1 $25,768,566 Ported,' President, ahriouhced Setoh 5,049,506 2,607,401 .Net sales 22,922,6246,573,558 .1725. • The Total *353,533 / U Redemption— Corp.—Earnings—. — Resident 2,210,106 1946 V. 164, p.. 1874/ -580,643 19,980,177 3,721,709 CorpApartial ' 4,536,552 1— oper. first 1944 19.780,074 1,257,499 $1.21 i $3.23 694,265 164, p. 1725. There 1,017,415 ? "•' - National. Mallinson Fabrics Corp.—New Director— Redemption—; of $2,898,122 660,123 380,017 48,088 $0.87 «—7,977,771 regular ; Gross from Net ry. 1 1946 $2,947,4-18 84,842 323,848 137,666 «- 164, p. 729. Earned per share__ Montreal Light/ Heat & Power Consolidated—Partial at railway— railway 1943 $571,758 226,706 $0.75 ^ 1943 $1,617,679 1,335,701 Shares outstanding 4,332,594 1,905:278 from from —V. t. r September—.V.-i Gross , ' 1944 $1,178,423 1,335,701 1945" $1,119,190 1,335,701 , I • ■,.p<;.!;i , -i Net profit Inc., railway Jan. Net ry. Minneapolis St. Paul & Sault Ste. Marie RR.—Earns. *■?•• 1944 $503,821 146,153 railway oper. income— Net ry. quoted ex said distribution until Nov. 18, 1946; that all certificates after Nov. 1, 1946, in settlement of Exchange contracts made prior to Nov. 18, 1946, must be accompanied by due-bills and that all due-bills must be redeemed on Nov. 20, 1946.—V. .164, p. 2156. - 1945 ' 1,335,607 > $1^0 " of 232,910 Net from •delivered t 1946 $1,730,000 " Shewan-Jones, Inc., $465,890 September— not . . amortization expense—— Provision for Federal taxes - be effected in the common Stock, of no par value, distribution on Nov. 15, 1946 of • three additional shares to of eaCh share of record Nov. 1, 1946. New York Stock Exchange directs that the common stock be ■ $188,208 rcucittivw Interest and a Montour RR.—Earnings— split-up will The on Secretary,—V.. 164, p. 1725. u Gross '< $137,869 IIU -- Earnings from oper. after deprec. and $1,950,708 amortization The company on pet. 30 announced the transfer of Assistant Treasurer Edwin J. Putzell, Jr., to the Legal Department as Assistant ' Minneapolis & St. Louis Ry.—Stock Distribution— A $444,240 256,031 (Ineludihgr wlidlly owrifed, subsidiary companies) Ended'Seipt.'30—" ' '-v ' 1946 r " i 1874. p. > • ■ * (by the 'holders to 1— from ;r 2,334 . $298,746 160,877 whclly-owned subsidiaries) National Distillers Froducts ' 1946 Monsanto Chemical cash dividend of $3.25 per share ,on the convertible $6.50 cumulative preferred stock, no par value, payable Nov. 15 to holders of record Nov. '4. Distributions of $1.62Vz •each were made on Feb. 15, May 15 and Aug. 15, last. Total pay¬ ment for this year will be $8.121/a per share, the same as in 1945. Arrearages, after payment ot the dividend just declared, will amount to $32.75 per share.—V. 163, p. 314. • -• • directors ; due ' ' 300,158 income— $441,908 .1,939. company has called for redemption on Dec. 1, 1946, at- 102% interest, $461,000 of 2%% debentures due 1970. Payment will bo 9 Months '3.14900 i.V. $599,361 Jan. $296,807 ; at the office of Goldman, Sachs & Co., fiscal agents, St., New York, N. Y.—V. 164, p. 1211. ' 11, railway 176,145 made facilities under necessity certificates issued Such reductions will not be available in the future. railway. 124,288 •191,541., The - and 835*808 i - from —V. Minneapolis-Moline Power Implement Co.—$3.25 Div. * $1,950 708 ; •> income on . $220,030 . mwftiu, National Dairy Products 190,467 taxes 147,300 172,818 330,724 -- ; ;Cy!tad0r;jGai$ Earnings per-share.—J certain railway railway Net ry. oper. income— Net '" / *w.wvc /including 2,876,207 Federal of oper. ry. From j The company on Oct. -28 filed a letter of notification with the SEC for 59,500 shares of common stock (par $1). To be sold Ly certain employees of the company. Offering price, to public $5 per share. Net "proceeds Will be used for advancement of necessary funds for the -Canadian corporation working capital and general corporate expenses. The $4,636,448 including special tax adjustment.: 1_ in v for the year 1945.—V. 164, p. 830. NMlonal $4,826,916 basis Net from Gross *• 140,772 $131,618 UM.V 9 Mos^ End. Sept. 30— '•Net profit Shares of com. stock__ R. With- SEC— Milk-O-Mat Corp. N. Y.—Files ( 31, 1946 10,390 940 Monongahela Ry.—Earnings— 1,364,917 554,279 279,690 , third $15,027,388 September— 1,224,367 259,316 81,869 railway ■Net from railway Net AUG. and taxes expenses —V. 164, p. 1725. $141,689 31,717 $133,553 81 or the 161, p. 2112. by the U. S. Govt. 1943 1944 1945 1946 $159,198 35,944 17,546 oper. income— from in income, including special tax adjustment shortened From Jan. 1— Gross share deductions •'Reduction •-*■ Midland Valley RR.—Earnings— ry; $171,177, was a -■ ' September— .Gross from railway income Net .income, •• » * * Net cents Net income before special tax adjustment "Tax adjustment 1__ 1 i_ French National Rys. Co. has drawn for payment on Dec. 1, 1946, par, Frs.4,500,000 of -4% bonds, foreign series, due Dec. 1, 1960, payment to be made at the office of J. P. Morgan & Co. Incorporated, 23 Wall St., New York, N. Y.—V. 162, p. 2275. "Net profit 53 non-operating income Total ®fc ; net or Gross income Midi)—Partial Redemption— { - quarter: $111,675, Operating income Total Chemins de Fer du des $360,802 120,793 — September,-1946 share,, against Total operating on (Compagnie 1,704 . Total operating revenues Co. $359,098 1,447 87,378 : . ..... . income $2.04 CONSOLIDATED INCOME ACCOUNT, 12 MONTHS END. Colo.—Files With more RR. i income deducts. 210,000 Monongahela Power Co. (& Subs.)—Earnings— 4'% $95,000 Price, $250,964 (net) - •After Federal faxes.—V. Oct. 23 filed a letter of notification with the SEC first qlosed mortgage sinking fund bonds, due I960. than 98>/2 per unit. Underwriter, Boettcher and Co., •Denver, and Hutchinson & Co., Pueblo, Colo. Proceeds Will be used for retirement of debt and for working capital. The for 429.172 $2.16 charges and taxes. a quarter of 1945.—V. ' SEC— - ,!,175,73S tax)__ income were accrued 210,000 I share the cents // 132,095 $252,411 inc. 1946—12 Mos.—1949 * $3,147,192 $2,888,864 2,199,543 1,954,984 $4,922,633 $10,837,690 ——„ capital shares- per After For par) 1945 454,928 of Earned • ^ — profit Number : 1946 Co.—Earnings— 269,545 Depreciation Co.—Earnings— Sept. 30— respect to the dividend $2,166,621 1,412,317 Maintenance WW plant action with no $2,352,046 1,602,541 , Monarch Machine Tool at Thibodaux, La., with a capacity of 500,000 feet of logs monthly, converted into veneer and lumber, is now under construction by this company and will be in operation shortly after the first of the year, it is announced—V. 164, p. 2156. new I6O1 of Nassau & Suffolk Lighting Total Net (The) Mengel Co.—Building New Plant— A "L rr would distributions Period Fnd/Sept. 30-^ \ "1946—9 Mos.—1945 ^ is 1725. P. > . Split-Up Approved— become payable on or about Dec. 1. Semi¬ jfcl each were made cn June 1, last, and on June 1 arid pec. 1, 1945, and 1944.—V, 164, p. 1725., , / > due Northern RR. bidder. Proceeds, estimated at $1,435,610, WDl b« Oct. 22 took on ordinarily . ' ' rati® Unsub-» accompanied by due bills for the distribution.—V. directors annual April l and Oct. 1, 1938 on MOP first and refunding gold bonds, series H due 1980; '• April 1 and Oct. 1, 1943 and 1944 on the New Orleans, Texas -&f Mexico Ry. first mortgage 5la% gold bonds, series A, and first mortgage 5,% gold bonds, series B; ,. ,.,».■ Interest due Aug. 1, 1943, Feb. 1 and Aug. 1, 1944 and Feb. 1, 1945 on *the New Orleans, Texas & Mexico Ry. first mortgage 5% gold bonds,, series C, and first mortgage 4!/2% gold bonds, series D; Interest for the year ended Oct. T, 1946 on the New Orleans/Texas & Mexico Ry. 5% non-cumulative income gold bonds/ series A, and certificates of deposit therefor; and ; • - With the h highest ^Nashville, Chattanooga & St. Louis Ry.—Omits Div.— The mortgage 5 % . in Nov, par be must which , . share on the and due Sept. 1, 1938 and March 1, 1939 on MOP first and mortgage 5% gold bonds, series P due 1977; Interest due May 1, and Nov. 1, 1938 on MOP first and refunding mortgage 5gold? bonds); series G .due 1978;^sv -v* ,:•> Interest a to ; uThe New Interest Interest $10 record on Oct. 29 approved a proposal to Increase th» value capital stock from 150,000 shares to*- 300,000 the distribution of one additional share of stock for each no shares, and refunding f at of auction stockholders authorized ;-• ;■ share a held public improvements.-—V, 160, p. 2075. Pacific 1965, at At present there are issued 101,500 shares, includt-* 12,337 shares held in the treasury. ■>. a /"-■-."r York Curb Exchange on Oct. 24 ruled that the stock b® not quoted ex the distribution until further notice, and that all cer¬ tificates for the capitalstdck delivered after Oct. 28 and until furthe* 1946, Interest Missouri A shares sold ing the due Aug. 1, 1938 and Feb. 1, 1939 refunding mortgage 5% gold bonds, and four be share outstanding. U. the below mentioned bonds of the Missouri on stockholders common each will used to repay short-term bank loans and to finance plant replacement® The subsidiaries (no appeal has been filed against the payments). ? , • , of for shares Nachman Corp.—Stock I:-[\'r■ aggregating $17,218,520 •Pacific RR. and its share one scribed 16,175,556 6,083,563 ^Payments^v;, ^ "•■■'•■ comlJany on Oct. 28 filed a registration statement with thai for 150,000 shares ($10 par) common stock. Stock will be offeredl subscription to of 56,615,703 8,902,392 It is announced "that the : comp&ny will pay on Nov. 4, ; $150 a share. Proceed will compion, Price, With SEC— for 45,553,778 ;.. Oct. 23 filed a letter of notification with the SEC (no-par) from from ^-y;'T64;;p.^i725i; for working capital. foe used Mutual telephone Co., Honolulu, Hawaii—Registers „ ' r: railway^ railway______ Net ry. oper. income__> Net ': ' ■■Jixi. Gross on Metli-BIumberg Corp., New Holstein, Wis.—Files Missouri-Kansas-Texas.RR.-—Earnings-^v ■*; Calif.—Registers With " 'v - . - company a previous loan by The anticipated expansion.— ^ *>■;• •?■: September-"^ ' ' :• . 11946" "■ ■ '.i945 ■' 1944 : • 1943 lroni railway $4,852,761 $5,883,184 $7,171,703 $7,099,102 Net frorii railway^.*.i'vv.78al47l¥:.;;il404,06'4-^c-2,375i726A^3;103,137-^. Net Ty. «oper: Income,-— 243,860 471,608 ' *358,650 1,381,859 Oct. 25 filed a registration statement with the SEC for '•600,000 shares ($1 par) common. Underwriter, Goldman, •Sachs & Co., New York. Shares are being sold by stockholders. Of •the total, 550,000 will be sold to the public and 50,000 will be sold ♦to employees (latter shares not underwritten). The of finance to Gross Manager of the plastics add chemical division, advised the board of directors on Oct. 25 that Mr. Martin said that the original plant is expected to be in production in April of 1947 and that it will be late in. 1947 before the expanded capacity ■will begin to affect the plant's output and deliveries. He said full production will be reached early in 1948. ..l Indicating that further potential markets, for Marvinol Resin are still being developed, Mr. Martin pointed out that the use of vinyl-type resins in the packing field has only begun to open up. V: He said that major end uses of Marvinol Resin will include coatings for fabrics, papers and metals which In turn will be used as coverings •for such items as furniture, luggage, books, handbags and shoe uppers. Other uses will include waterproof wall papers; table, shelf and floor coverings; electric cable coverings, insulating tapes, raincoats and shower curtains^,> -V-<■-:-r,..-v--''V-.' •" ""M*'* \ This company will manufacture only the raw materials; ly*"1 companies fabricating from Marvinol Resin a wide variety of end products, Mr. Martin said.—-V. 164, p. 1724. Max Factor & Co., Hollywood, and • "because customer demand for Marvinol the company's oringinal estimates, based fon careful market surveys." Robert H. Kittner, General "i 228? SEC found! necessary to plan to double the productive capacity Painesviile plant even before the first factory unit was com¬ pleted,"; Mr. Martin balance the Life, V. 160, p. 329. from $1,500,000 to $3,000,000. cost construction plant retire to Mutual Insurance was the used i and Co. Green of CHRQNICLB .... •' to THE COMMERCIAL & FINANCIAL Number. 4.539 railway— / railway oper. income__. . ° $733,545 265,669 I; 124,461 1875,* 1945 • : $757,341 / 265,197 ,. ■" ';, ; . " ; RR;—Earnings— 39,651 1944 1943 - $1,077,750 459,542 104,279 $1;298,248 91718,312 10.829,280 4,206,908 ' * 715,338 205,532 From Jan. 1— Gross Net from from Net ry. Mr. railway railway oper. 164, p. . . income—. 1726.; >> . 6,256,565 1,703,397 "477,164 9,163,439 4,075,280 ■ 872,611 "883,965 8,019,311 1,292,991 ' 'V" 3' 2£90 THE COMMERCIAL & FINANCIAL CHRONICLE >^1111 ' • from railway-™ railway iNet ry. oper. Income—^Frorii'Jan. 1— 'Net •Gross from Net from Net ry. —V. '%> ■ '• railway ' 210,011 . $592,757 " $507,933 205,837 from 2,795,417 income 1723. 3,214,525 164, p. ' ■ 6,758,871 4,113,912 1,452,469 i ^ , '• < 7,575,575" 4,343,918 2,426,962 6,840,920 3,627,724 2,250,860 5,785,317 railway— oper. 473,833 162,023 r; <■ subscribed $800,911 281,871 .V 175,800- 203,595; ■ -- Stock Sold—Stockholders 262,457 ^hares, or 96.5% of a total of 271,935 additional common shares offered to sharehold¬ ers at $18.50 a share in the ratio of one new'share for; ♦each two common shares held. Subscription rights ex¬ pired on pet; 28; The offering was underwritten by an investment banking group headed by Auchincloss,, Park¬ er & Redpath, and including The First Boston Corp. and 1943 $640,226 ; 320,726 (Including New York Dock Trade'Facilities Corp.) Part !945 Nine Months Ended Sept: 30— 1946 $4,576,515 Expenses•' '2,581,094 ^Revenues I J. ,_.i i tTaxes, interest, etc., " Net . — . - •taxes. >. ^ — $632,270 . Between foregoing figures are inclusive of provision for income is indicated for Federal excess profits tax.—V. 164, No liability tp. 730. RR.—Earnings— New York, New Haven & Hartford ; Period End. Sept. 30— ;:V^v $ $ ■"T" 13,155,724 110,738,208 132,305,799 10,063,683 95,142,459 93,893,265 1,045,033 ; 124,525 13,623,360 $ oper. revenues— Total oper. expenses—-- '10,555,495 "♦Net ry. oper. income.- 801,908 •Net railway Unpaid real 'unpaid leases charges erties estate in •Boston Income of the estimated ~ deficit bad System ; of Total resulted of in. ^ ' net between Boston ^Howard S. '•New and the on Washington, The %EC of 539,070 356,380 $1.04 from from ry. Gross railway from ry. $577,523 $551,403 175,116 136,397 16,537 121,348 87,937 4,813,182 971,561 4,562,044 4,699,420 877,740 1,327,919 •772,283 466,449 424,191 871,473 income— Co.—Earnings— $342,244 $540,993 $1,304,159 $1,560,239 139,399 358,770 524,165 1,028,349 earnings _J •Earnings -per share— $202,845 $182,223 $531,890 $0.26 $0.23 $779,994 $0.98 •Based 796,287 shares on outstanding.—V. Oklahoma City-Ada-Atoka $0.67 730. $57,019 $62,807 1943 $134,750 $156,636 10,156 76,115 87,092 °2,033 29,639 686,156 920,975 1,209,178 202,865 384,548 673,949 1,158,849 634,304 119,138 263,991 244,617 from railway from" railway Net from Net ry. If— 35,975 17,283 •6,900 74,925 Net ty, oper. 6,128,375 1,121,072 6,283,255 1,413,161 419,887 574,332 782,519 5,887,563 5,795,641 688,158 •9,692 income--- •Deficit.—V oper. oper. 11,037,817 8,012,327 7,285,262 4,217,066 3,752,555 2,688,709 expenses. their at the on Action Co.—Action in meeting few past Common Div. Deferred on in years October had on the •'Railway income oper. The rents (net) (Cr) Joint fac. rents (net) Dr Net ry. Other 11,506,309 34,750 2,349,703 158,497 postponed been the 166,177 V. 164, p. 1727.; dividend - • ended Oakland. In connection of $1.50 on the 6% cumulative to 11 Ltd., which Oct. on 18 (each and having rural towns an area. and 84 is also distributed. purchasers and each are names the principal Co. & S. Bleich- Co., Inc Boynton 150,000 Net income 19,753,588 20,654,135 & income Sinking debt 1,558,478 1,583,965 wide syndicate headed by Halsey, Stuart & Co. Inc. on Oct. 29 offered $25,000,000 first and refunding mortgage 172,837' . 2,401,244 1,961,058 79,430 — and res. 75,976 Balance • :•—V. 164, of 18,195,109 19,070,170 Vv'--v V' v ; •••• -u. bonds, series P, 2%%, due Ju|ne 1, 1981 funds, ♦appropriations "Miscell. appropriations- 740,643 , interest. 609,937 , • C. Bradford Brothers Co.— & & 2,321,814 17,454,466- 1,885,082 16,910,233 2156. p. 'North American Co. The directors payable ♦at .the 100 in rate shares The Dec. 3, stock, 1946, cash American per A of will lieu be paid to- subject of paid based common, of of Gas Pacific Electric & stock common Gas & stock for shares the of at on rate the of 40 market Co. every redeemable in whole held. Jan.' fractional stock Electric 2, 1947 * to stockholders approval by the Securities and share of Pacific Gas & similar distribution dividend on. the common a shares Pacific American be will In common share one North dividend 'Commission. • form of of Oct. 25 declared on the Pacific cents price Gas record Cleveland oalendar month & any Haydon & Harley, Inc. Hill Electric North approximately than holdings in that company to 2,004,170 shares.—V. 164, p. 1875. \ r \ shares 209,600 $40 •Gross Net Net ' «\ "1' ' " I ' ' V,, ry. Net from Net ry. railway oper. 1&43 1944 27,882,929 37,319,172 7,922,096 18,599,747 16,690,862 23,497,616 > totaled of , 51.496,000 kwh.,! corresponding week Electric totaled output 51,021,000 this company (Del.)—Weekly Output— for the week ended compared-1 with 45,131,000 last year, an increase of 14.1%. of this kwh., as company as corresponding week last year, for cbmpared an the week with increase of Company ended Oct. kwh. 26, for 1946, the proposes initial to use & Mason, —— 100,000 Stringfellow— & 100,000 100,000 Seasongood & Mayer— Walter Stokes & Co 150.000 150,000 Thomas H. Temple Co. 100,000 Moran & Co.— 100,000 Thomas & Co.- 400,000 100,000 Wachob-Bender Corp.— Wbeelock & Cummins, & Hutchinson Co.— Co. •—V. St. Inc. Louis —L — Brothers 100,000 / & Co.- on (Excludes L. Period End. Sept. 30— F. S. Yantis & Co. Inc. I. RR. and B. & E. 1946—Month—1945 s 19, 1946, 44,101,000 kwh. for the 15.7%:—V. 164, p. 2056, RR.) 1 . 1946—9 Mos.—1945 Railway oper. revenues 73.556,563 Railway oper. expenses 62,869,137 10,687,426 13,643.728 47,944,938 M>318,000 10,023,335 9,675^262 11,694,860 10,481,663 5,932,689 Net rev. from ry. oper. Railway .taxes Unemploy. Equip. .■ ■ taxes 1,134,221 taxes- 1,323,250 5,101,900 999,628 1,082,932 bal.„ 570,486 224.921 3,597,610 — insur. retire. rents—Dr facil. equal to Net such ■ --.y 11,859,000 bal. 86,595 236,529 1,531,061 1,875,625 income 1728. 6,254,874 5,997,818 9,239,072 90,305,015 rents—Dr electric '111,617,000;. 79,950,000 ;" 800,000 shs. 8,000,000 shs., . called for redemption on Dec; 1, 1946, out of temporary $104,000 of first and refunding bonds, series B, due Dec. 1, 1970, at 102 and interest. Payment will be made at the Girard Trust Co., trustee, Broad and Chestnut Sts., Philadelphia, Pa., or at the Chemical Bank & Trust Co., 165 Broadway, New York, N. Y. sinking have been fund monies, mortgage 3%% Definitive Bonds Ready— 400,000 shs. Joaquin Light and Corp. unifying and refunding mortgage except bonds issued thereunder in Jieu of outstanding bonds. tExclusive of $1,474,000 held in' treasury. » ' ' * '•...,» Power kwh., Philadelphia Transportation Co.—Partial Redemption There 1,173,163.shs. 6,261,357 shs. output of this company and its subsidiaries for the 1946, amounted to 132,252,000 kwh., an. increase or 6.3%, over the corresponding week of last p. 2157. ended Oct. 26, 8,390,000 year.—V. 164, 927,000 .18,854,000 23,937,000 - . of $7,943,000 - 1,600,000 shs. :,v oper. ,164., p. The '48,716,000 13,000,000 ^25,000,000 5,600,000 shs. 4,211,662 shs. V ry. 164,187,347 *45,917,093 Philadelphia Electric Co.—Weekly Output— week 1974.JW- 1st pfd. stock, cumul. (par $25)— stock (par $25)*——- , 150,000 300,000 * $. vk ♦ '■ $ 72,285,907 605,769,423 727,702,643 58,642,179 557,824,485 563,515,296 tOutstanding •No additional bonds may be issued under the San Oct. 200,000 —— Pennsylvania RR. Regional System—Earnings— Jt. , 1971^-, 1st pfd. stockf cumul. (par $25) 1st pfd. stock,^cumul. (par $25) Common 400,000 164, p. 2157. Railroad — 5V2% ' 100 000 Stern McMaster for. Connecticut amount an Series M 3% bonds due Dec; 1, 1979. —— Series N 3 % bonds due Dec. 1, 1977—,. Series O 3% bonds due Dec. 1, 1975 ' Series P 2%% bonds due June 1, I981_i——— 05% 150,000 - Inc. Scott 100,000 and Scott,' Horner 200,000 Metropolitan re¬ proceeds to finance, in part, its proposed construction program. Series K 3% bonds due June 1, Series L 3%'bonds due June 1, 6% output Mosle 100,000 part of thfe treasury funds a Series I 3a/2% bonds due June 1, 1966Series J 3% bonds due Dec. 1, 1370— 41,077,125 Northern States Power Co. Electric 100.000 Reinholdt & Gardner— 100,000 and purposes The , proceeds will become — 13,003,826 income 164, p. 1727. 60 Joaquin Light & Power Corp. Authorized unifying and refunding mtge.—.•$150,000,000 30-year 6% gold bonds, Ser. B of 1952 assumed ; v. —» Pacific Gas & Elec. Co., 1st & ref. mtge, 500,000,000 91,010,265 111,567,497 115,598,261 106,408,452 railway—— on 200,000 — Rotan i ,. tipe to time in part at the option of the notice, and for sinking fund San . ' - 1 ■ —— 100,000 Co , 600,000 Ranson-Davidson Moreland Johnson, Lane, Space & Co., Inc. CAPITALIZATION GIVING EFFECT TO PRESENT FINANCING railway $11,602,768 $13,499,501 $13,731,656 $14,000,728 railways—/ 3,343,100 "4,203,839 4,684,065 6,352,117 oper. income2,415,811 3,843,055 2,293,716 3,460,040, from the company. net original an from From Jan. 1— —V. from from Gross Dec. or PURPOSE—Net of v \y Northern Pacific Ry.—EarningsSeptember— ■ '% 1946. t< 1945 . l Co., ... payment #£ the dividend will require 74,121 shares of Pacific Gas common and would reduce its from days' ^ Electric. made in company, In. its dividend just declared, estimates 'not more or 30 & — Inc. Co., — & Mason, was days' published notice. demption price is 104 plus interest. On Oct. 28, added to list of legal investments savings-banks. " • each of the preceding 14 quarters. application (Oct. 29) for approval of the was The June on The 100,000 -—- Pollock — Co., Inc " Rauscher, Pierce & Co., 100,000 150,000 Corp.— Foster &' Marshall™— company, for other than sinking fund purposes, on the first day of any , Exchange share of per of of : 100.000 Inc. E. Inc. 100,000 & Co., Dec. — Wm. 100,000 100,000 400,000 100,000 Edwards, Inc 100,000 100,000 Kemp & Co.— Kinsley & Adams— Mason-Hagan, Inc.— Bonds are dated June 1, 1946; due June 1, 1981. Denom. $1,000, $5,000 and multiples of $5,000. Interest will be payable on June 1 and 1 of each year at the office of the company in San Francisco, o^ at the agencies of company in New York and Chicago. Coupon form in denom. of $1,000 registerable as to principal only, and fully registered form without coupons in denoms. of $1,000, $5,000 and multiples of $5,000. Coupon and registered bonds interchangeable. Bonds will be Common Dividend Payable in Pacific Gas & Electric Co. Stock— > < 100y2 at Robinson 150,000 Co.— 100,000 — — 100,000 Corp.-- Clark Co.— Patterson, Copeland & Kendall, Inc. Peters, Writer & Christensen, Inc. Phillips, Schmertz & 100,000 Securities Palmer Co. 150,000 — - awarded Oct. 28 on bid of. 10p.05. Blyth & Co., Inc. offered 99.891 and The First Boston Corp. bid 99.5799. 1,550,000 income TJie issue Park-Shaughnessy & Co. Clayton Securities Corp. Julien Collins & Co.™. Pacific Gas & Electric Co.—Bonds Offered—A nation¬ 175,477 2,574,081 funded on Roger S. 100,000 — 100,000 400,000 150,000 100,000 1,500,000 100,000 Otis & Co.— 250,000 350.000 R. J. principal purchased by Nashville Securities Co. Alfred O'Gara & Co 1,050,000 F. several 100,000 » & the of Series P bonds Milhous, Martin & McKnight, Inc. Mullaney, Ross & Co.- 100,000 Applegate Charles of Nov. 1, extent of 2445. 2,135,571 addresses $14,300,000 G. City trust 18,518,564 *... and amount of follows: as Thomas Total •Interest certain estimated population of 250 or more) and Company distributes gas in 3.03 incorporated unincorporated communities (each having an estimated population of 250 or more) in most of which electric energy extensive C. F. Cassell & Co., Inc. invited gold 2,495,743 - owns properties. company's electric transmission system is interconnected and supplies distribution systems extending into 46 counties of the northern and central parts of California. Company distributes electric energy in 147 incorporated cities and towns, about 235 unincorporated com¬ First 17,257,845 • electric The J. pre¬ 1,886,054 250,481 • and gas appliances., Fauset, Steele & Co. trustee, m. a. its distributes Byrd meeting, the company said.— Philadelphia, Pa., on Oct. 31, 3946, of guaranteed certificates, series E, due 1952, for sale and delivery as 1946, at a price not exceeding par and interest, to the $100,000, the sum available in the sinking fund.—V. 164, p. up, development of are Western Canal Co., and sells water in certain rural areas; Valley Elec¬ trical Supply Co., which sells electric appliances in the cities of Fresno and Bakersfield, and Arlington Properties Co., H. Pennsylvania Co.—Tenders Sought— tenders the only active subsidiaries of the company Ferris 7,178,431 with Blair v Co., were revenues — - ' The Girard Trust 28.6% 794,550 of the gas customers also roeder, Inc Ball, Burge & Kraus— Baum, Bcrnheimer Co.- October 20, 20 cents each; Sept. 20, 25 cents; and " ' "" regular quarterly 137,491,989 $46,183,921 engaged im the business (from which for the July 31, 1946, approximately 0.6% of its gross was derived) of distributing and selling water in 16 cities and towns and certain rural areas, and producing and selling steam in certain parts of the cities of San Francisco and months Arnhold consideration the taken at 2,136,535 V- y224,377 ,ml{' • .■ — 10,339,427 7,076,916 19,907 income- oper. income 45,571,839 34,065,530 1,063,84$ 1,427,025 942,685 Equip, - 28,457,726 18,118,300 856,958 2,790,040 is Inc. common. gas 70.8% that approximately 94% electric customers. operating Geo. certainties, the directors decided to wait until they had a more com¬ plete picture of the year's operation before considering the payment 96,726,454 113,572,148 68,268,728 68,000,309 and 1,100,755 revenues customers; Company 20, 35 cents. ferred stock will be declared at November •Net ry. oper. revenues Railway tax accruals also of Inc. The company stated that earnings thus far this year justify the payment of a dividend for the final quarter and normally it would be the largest of the year. However, because of labor and material un¬ • July 31, Gas 7,249,948,915 $114,554,167 is estimated Halsey, Stuart & Co. stock until the November meeting of common the follows: March 20 and June 1946—9 Mos.—1945 12,229,393 revenues- directors dividend a Dec.? 1946—Month—1945 •It £ \ So far this year, the company paid 20 cents each on March 20 and June 20 and 35 cents on Sept. 20. Payments in 1945 were as 164, p. 1726 Period End. Sept. 30— 35,576 meeting. 1,706,295 ^Norfolk & Western Ry. Co.—Earnings— Railway Railway The of board. railway. railway. from 163,135 74,009 ■ from Gross Net 91,696 railway— income-— •'■■ oper. 'From Jan. , of parts Electric • , MCF, respectively) revenues Allison-Williams Otis Elevator central - 35,926 Gross $651,172 and v served: (KWH and PURCHASERS—The ry. oper. income.— •Deficit.—V. 164, p.., 1727. $708,601 175,175 certain cities 1,786 1943 $535,354 ' •... •• sets forth, for- the 12 months ended information regarding sales of electric energy customers From Jan. 1— Earnings— $647,585 of an 1944 •8,893 income— Net ailway \ . table inter-company and inter-department, sales, except for construction purposes, having been eliminated), revenues therefrom and number munities Ry.—Earnings— 1945 railway oper. 164, p. 1946 from railway from from $3,311,000, largKpaxVm the northern a California, non-operative ry. 1944 financing. (all which Net Gross 1946, of following . The 1946—9 Mos.—1945 ' Net Net 1945 interest charges on the approximately $10,079,000 on Annual sinking fund pay¬ which amount, however, is-not aggregate present approximate throughout the State of such 1946—3 Mos.—1945 after charges depreciation Net 1046 will the the company, in normal times, cooperates with dealers in the sale of gas and electrical appliances and also sells small quantities Reserve for Fed taxes— Gross Norfolk Southern Ry. CHARGES—Annual debt business, Norwich Pliarmacal arrange ■September » 12 Period End. Sept. 30— Registers is not always it 22,037,339' 22,347,004 selling electric energy for domesiic>commercial, industrial, agricultural and municipal purposes, and of/Purchasing, transmtting, distributing selling natural gas, for-4pm/estic, commercial, and industrial pur¬ •Number 43,139 railway. oper. companies in exact alphabetical order. However, they are always as near alphabetical position as possible. * reasons 11,255,781 21,952,014 and 1943 3,600,569 •317,958 railway. September— mechanical 19,542,391 Percentage of total gross 1944 1945 $532,857 78,840 •Deficit.—V. 164, p. 1727. preferred stock. The estimated pro¬ ceeds of $28,000,000, together with a $6,000,000 contribution from NY 'PA NJ Utilities Co., parent, will be used for redemption of $13,000,000 ■of 3% % bonds, due 1964, and 120,000 shares ($100 par) 5-10% cumu¬ lative serial preferred and to * finance new constructions.—V. 164, tp. 2156. i ( ->•'■ >.•: to 33,602,785 5,827.005 INTEREST - will Sales 2157. RR.—Earnings— income oper. Net cumulative NOTE—For p. 1946 $508,782 72,781 railway from Net on Oct. .30 filed, a registration statement with the $13,000,000 first mortgage bonds, due 1976, and 150,000 possible 41,579,730 $0.72 share—^ per From Jan. 1— — 318,055 44,950,307 22,998,293 „ HISTORY AND BUSINESS—Company was Incorporated in California Oct. 10, 1905. Company is an operating public utility engaged, prin¬ cipally, in the business of generating, purchasing, distributing and $2,434,024V $0.99 capital shares Net Gas Corp. 1,501,980 33,214,114 388,671 chargeable against income. The 543,870 of and par) ' ^ 257,161 Net & ments 1944 551,161 Oper. pft. ($100 1— Northwestern Pacific company covering shares • SEPT. 30 1946 /> 1945 $6,272,988 $3,648,475 559,830 "Federal Express," which operates it was announced on Oct. 29 by State Electric i: revenues— September— ♦With SEC-— • THREE MONTHS ENDED , 1,028,830 Palmer, President and Trustee.—V._ 164, p, 2156. York ANNUAL shares, 820,805 common will be outstanding, the sole j ■ 536,914 Equipment Approval— and operating Gross The trustees of this road have Just filed a petition with the Federal •District Court at New Haven, Conn., for 27 new sleeping cars of (the most modern design, for use on the "Owl," its famous New York- all-sleeper train 45,468,699 41,261,675 22,281,695 —— company's'funded the completion of Gross railway operating income of $5,886,525.. ♦Boston 47,382,146 43,448,327 16,454,690 income Net Income common share of $10 a 1 ' 51.157,831 22,079,068 202,627 Income deductions-^—— at least $2,000,000. aggregate additional value •After income taxes.—V. 164, $2,822,000; for the Boston and Providence $2,940,000,- and the remainder of the New Seeks the of par profit Earned the and 33.973,890 revs.—— income Gross company 975,878 No. it is estimated that the Old railway operating deficit of the estimated deficit was Haven System had a net 1946, a the •Net operating railway net Misc. be applied to retire¬ Profit before taxes $237,000, was a 1947, 31, March will Orient the a RESULTS FOR operations $307,000; for the r/'; ■ months nine first operations and issuance with Quarter Ended Sept. 30— interest. bond deficit operating the Haven New $1,345,908. the For Colony and other expenses poses, the. results of operating Also includes accrued and properties; also accrued and and Boston and Providence prop¬ taxes (incl. Fed. inc.) Produc., ■ transmission, distribution, gen. and oper. ' :$.■ ■* > -v." 95,807,441 16d,269,446 151,773,235 138,592,685 3,539,271 6,156,018 5,366,722 5,247,342 15,592,060 20,920,853 20,573,870 19,268,994 20.623,152 38,586,417 * 37,188,822 35,393,536 revs._ Taxes Net i 1943 1944 ■•■••' ' • of approximately $6,900,000 for the equity security.- Colony railway Providence of Alaska Upon it is estimated that the Old Colony 1946, net a and remainder Co. to shares and 1946 30, payment rejected. Old Colony Teiminal September, ^resulted' been on Sept. make Includes income have taxes against Old for Boston For $12,776,670 operating "■railroads whose 1946—9 Mos.—1945 1946—Month—1945 - Total will proceeds from the financing oper. and 'repairs....— Deprec. & amortiz the underwriters. expects following items: on the new Seattle-Tacoma airport hangar now under construction, $800,000; instalment payments on Boeing contract, $1,300,000; in¬ stalment payments on Martin aircraft, $2,200,000; final payments on Martin aircraft delivered, $1,250,000; tools, ground, ramp and hangar equipment,: $850,000, and aircraft spare parts, $500,000. The Seattle-Tacoma airport hangar is expected to cost approximately $1,000,000 and the company may find it necessary to construct a hangar at Newark or New York at approximately the same cost. The cost of ground facilities and development of the company's routes to $593,858 > the gross Maint. unsubscribed of 1945 :'■•■$ of certain outstanding bank loans under a new Bank Credit Agreement, used for acquisition of additional equipment and facilities. 2,698,545 1,406,802 1,362,551, — of balance The Weeks. July 31, '46 '• Total . —Years Ended Dec. 31— ment $4,699,205 ; income NOTE—The , C - & shares have all been sold by EARNINGS 7 Mos. End. to Hornblower New York Dock Co.—Earnings—* ■ SUMMARY' OF Northwest Airlines, Inc. New Orleans Texas & Mexico Ry.—Earnings— 'September— I940;'l"^'-1945 1944 :^ross Monday, NoVertib^r 4, 1946 III I } Definitive ready for surrender for j bonds coupon delivery of at the temporary redemption by < of the above-mentioned issues are Girard Trust Co., Philadelphia, Pa., bonds, except those the sinking fund.—V. 164, which n. have been 2157. (Continued;r>n page 2325). . . v now upon drawn i Volume THE COMMERCIAL & FINANCIAL CHRONICLE Number 4539 164 Record New York Stock «» DAILY RANGE OF PRICK LOW AND HIGH SALE FOR EVERY LISTED ISSUE , PRICES .■YY^YY-7:'^--^ ' Y Saturday Monday •1 v Oct. 20 Tuesday Oct. 28 $ per.share 7 • $ per share Oct. 80 Y7 Oct. 31 >7; /. Sales for , ■»>;•■;: Nov. 1 , 74 120 ♦105% 72% *105% 9% 9% ♦41% *41% J:'Y 15 •i 14% ' 36 y4 * 36 y4 104 XM 27 97 . . 4% 33 % ' . Shares ' 29 42% 28 y4 * 5% : 29% 97% 96% 3% 33% 57% *54% 42 7 40 / 41% : . . 29% 7--36- 58 •97 101 97 97 •97 101 21 21 21 21 21 20 20 4% 59 97% 97% ♦21 :7v 4%% 32 % •:19% 31% 36 y8 36'/a 35% •19 19% ♦31% 36% 20 20 7 *102 34% 94% 95% 31 7 *102 103 ; 103 • "31% 94% 95 7 93% 94% 94 29% 30% 29% 30 30% 6% 6% »'■ i > * 54 46 46 ♦46 69% *4671 : 67 68% "66 40% 41 10 10% 6% 69%; 41 41 10% 10% 10% 777 *102 34% 37% •132 134 10% 27% 0% 79 78% 79 ; 80 192 107 19% 23 5% 107 21 *93% 95 6 //■- 39 7,000 49 • Co 6% 7'/4 ' ■ 7 50 48% 50 *48% cum pfd conv Portland Am 5% % 108 980 24% 102 % 5% 92 25 97 y4 98 96% 98% 6 - 6% • 39 6% 6% 39 39% 39% 39% 39% 1,200 American Hawaiian 8% 9% 8% 8% 11,800 American Hide 48% 48% 300 97% 98% 1,200 900 Sep 17V* Oct 10 20y2 Sep 100 SS Co 6% Sep 26 >23 5 ye Oct Jan 3% Sep 90 Jan 18 ■* 11 128 ■; 1 150 150 Jan 27 Jan7 1 14 14 Jun 110 42 Deo Dec Oct 29% Nov 30% Jan 3% 6 87 Jan .« Deo 9% 10% Jan Dec 19% Nov ... 2% Jan 8% Nov 08 Jan >7*117% Nov 20% Jan 40 Nov 91 Mar 109% Deo .129% May 15 44% Apr 15 118 May 11 55% Jan 38% Jan 9 12% Jan 28 130 156% >149 •, S 10 Jan Jan 27% Deo 77'v_ 28% Aug 8 14% Jan 29 63 Deo Nov -18% Jan " >' July 10 23% Jun Dec 67% ,127 13% Jan 108 19 ■» 112% Mar 2 Sep >/ 199 Jan Feb Feb Jan 17 Dec 112% Oct \ Jan 34 y4 34% Apr 22 Jan 28 32% Jan;28 Dec Oct 135 39 164% Jun 164% Jun Jun 23% 55% 96 i ' 40% Jan 10 ■ 80 Oct 183% 72% May 26 28 41% Deo - r 10% Aug 89% Feb v 210% Mar 29 10 90 Deo Deo 15% Aug *41 Mar : 1 10 5% Oct Deo 43 Jan 20% Jan 69% Jan 10 >• 14 ' 15 10 44'/2 Oct Sep 11% 28 ;4 132% Mar 2Q 132% Mar 20 10 37% Sep 39 71 43% May 11 17% Feb Oct 10 Sep 11 18 1 Jan > Apr 25 106% Jan 9 50 American Home Products Deo 64% Apr X137 *137 Sep Oct 18 Si' 1 preferred conv 56% 11% Feb 15 100 10 Leather Jan 75 No par ... & 38% 5% Sep 4 13% Oct 10 $7 preferred No par $7 2d preferred ANo par $0 preferred No par - Deo 43% Sep 19 Y 18 Deo 104% \ . 20 100 ; Deo 48% Dec 30 10 ,120 DM 36% - 102% 88% Jun 12 19 10 Doo Doe 14% 27% Aug 20% Jan 45% Jun 10 Jua 9 ......100 10% 114 91% May 29 9 Co Dee 19% Apr 24 Sepl9 Oct 10 22 Oct 104y4 Sep Jan 153% Mar 15% Jan 30 53% Jun 30 —No par Deo Doe 109 July 29 75 2 96V2 Oct Power 92 95 44 No par Colortype 94% ' 189 Chicle Amer & Foreign 600 18 39% May 27 12% Apr 25 30 r- ..100 Encaustic Tiling—1 Amer European Sees —No par American Export Lines Inc newr._40 6,800 Oct 79 •American 12,300 . 24% Oct Jun 42% Jan 13% 1 Doo 74 Jan '91 *8% ,80% Jan 7 95% Oct 9 36% Oct 30 129 May 16 5% Oct 30 Ame; Distilling .Co 8tamped....*.20 8,800 107 : 13 Deo 62% May 31 30 10 i..Jlopar Fdy Crystal Sugar 4 % % prior preferred. 100 . Jan 108 25% Oct 30 1 American r,4oo 20% 19% & 94% 96 Aug '■ ■>■.: 17 Jan . 22% July 30 26 Deo Nov Jan 2% 56 212% Jun 10 10ft Car American JvS * Corp non-cum 93 9G ■7: 113 77 .■>,■. Oct - 72%Oct 25 22 ■ Jan Jan 34% 28 61% May 28" 44 Oct 10 64% Sep 20 38% Oct 10 - 9% Oct 30 ...100 - Can American / 28 28' 3 Sep 6% Oct No par preferred Am Chain & Cable Inc. 5% conv preferred. 1,300 :•16 *15 20% 7% 1,700 50% 49% Co Radio & 15% Deo 9% 7 - 69% Jan Oct 30 31% Oct 100 Preferred 102 •100 49 Cable American 230 19% *23% 23% Amer Shoe preferred 7 American 4,100 130 Brake 107 ■> ' Y 10 -7: No par 1 Cem 22% 48 103 Aug 7' 8% Jan ^02% Oct 25: No par 107'/8 48 122 63% May 27 Mfg 21% > 09 Jan 0y4 Jan 20% Jan- 28 ...... •400 26% 125 5% 5% 16/f 16 7 Jan 98 V* 18% Oct 10 ;—...^..._.100 20% 6% 38% 6 29% Sep 19 32% Oct 30 No par 39 1 8 Mar 30 5 Corp 92 ■■ .. Doe 59% Apr 10 154 ..—.10 6% preferred ^ .50 American Bosch Corp_...._i.._^.l 4,400 110 19% 18% 11% .—No par Inc Co ' ';T Jan . No par American Bank Note 320 49% " *106'/4 18% Doo 82 17% Oct ......i.—l 19% 94% 39 6,700 120 27,300 193-/194 *106% 5% >75%: V /• 6 107 Vb 105% • 900 10 16% 17 9 91% Oct conv preferred .50: Amerada Petrol Corp ...No par Amer Agricultural Chemical-No par American Airlines - .—...........1 ' : 11,900 19 105 107 •02 39% 39 19 ; 20% ,>2t->77'- %> 5%, 5% *14% 18 / Kid Mills 3%% 2,600 ■ 41 127% *99 . 38 ■,>•'. Stores Alpha 1,000 24% 48% 16% 5% *105 ey8 6 7/ *100%. 102 / 1 51% May 27 100 Amalgam Leather Co Inc 71,400 . 24% 23% Deo Nov 135 • 100 . 48% 18% 47% 34% 30 52% Oct Deo Jan Apr 26% Oct 10 11% 32% 22% 20% Feb >- 30 Sep 24 Dee 3 12% Feb 3% Oct Deo 30 28 18 —No par gtd 8 DM 17% 41% Jan 19 29% Oct 10 114 Jan Apr 13% Mar 68% Jun ,. Oct 95 Jan 9% Sep " $ per share 25% 5 1 .... 60 1 104 . 10 —.___5 4%-preferred 6,700 10% >11% 110 125 23% 33% Oct • 100 common Allis-Chalmers 5,100 1,400 8y8 , 106% 106% 127% 18% 22% 5% 18 20% 17% 50 ♦15 105% 126 102 49% 20 > 7 33 6% 24 24 i 17,600 82% •102% •106% 107% 127% *100 / 23% . 192 46% 47 107% 106 24% 22% ' 45% 47 V* 7 100 7 134 i 6% 79% 19 18% 6% 5% Allied Allied 14 •132 191% 127 5% 38% 79 106% 16 38 V* 191 109 23% 5% 36% 6% 81% 46 •107 *15 13% 192% 79% ♦191 ...No par Ry 10 Feb May 28 24% Feb 4 19 7: .Allied 28 ^134 10 24% Sep 9%-Oct Allied Chemical & Dye 2,200 r 54 70 69% '43 43 68 43 10% 13% •132 95% *48 54 13 38% 95 21V* •78% ■ 13% Oct 44% Jan Inc. Allen Industries Inc 25,700 102% •32 43 V 10% V ' 66% >: 42 9% 13% >: 38% ;>». 8 7; 8% *49 67 25% 13% 7% 50 7 42 Y 34% x50 —1 Alghny Lud Stl Corp Alleg & West Ry 6% 3,600 1,200 33: •:• 37. Y'>:;34VY 32 6% 6'/»» 33% 21 .7 33 . , 95 30 y4 r6% 7 43 10% *102 7 - J 34 33% 21 .. 32% 37 ' 35% May 13 19 26 preferred ---W..../..-.100 ■ 163 161 213% 32' 32 '• 71% 77 70% 102% 102%*;. : 95 31 *41 19% 31% 35% 34 95% •6% SklS'S fii 55 19 169 10 ' .156.7 20 7-; .■ 30 34%; *45 19% 156 155% >>' 30% 31/7731%: 35 S 36 ;/••: > 7; 32% 31% 103 *102 7. 33 ; 103 154 157% 29 8% Oct 30% Feb No par Highest $ per share 84% May 13 - pfd A with $30 war 100 $2.50 prior conv preferred-No par 1,100 12 ........lo Lowest $ per share 10 5%% /fry; 1S6 156% 156% 156% 156'/a 2.50 Vicksburg Allegheny Corp 7 60 21% & per share 61% Apr 105% Oct Year 1945 Highest 1 Reduction Aldens Inc ■ 9,500; 98 98 21% Co Express Alabama 1,000 46 Straus Co..— Alaska Juneau Gold Min 29,500 14,100 , 36% 45' 21 ■ 180 98 , ,■'/■■ 58'/ 46 Air - $ No par No par com. Range for Previous Range Since January 1 , Lowest ) Adams-Mills Corp.. /; Address-Mutigr Corp Admiral Corp 5,700 ..98-77 Motors Steel Adams 50 29% & Acme 32,200 35 59% 43 101 15,900 6% :•/'■. :::47> - 42% 21 36% ■■■ 28% 7 4% 57 ♦97 2,200 6y8 •: 36 1,400 10% *104% 108 98 .777 3%, 33% 200 ,30 29% 6% *86% ; 3% 21% *54% 42% / 3% , 35% 104% 28% 33% 49 49 >'•■■ ;• . ' 5% 3% 9,100 10% 104% ■:■', 1 28 7/ 26% 97 6 , 710 34% 108 *104'% 7 6% /'Y 30 10 35% ...7733%' 108 700 16% »■ Par Laboratories Abraham 4,700 16'/a 7 -r, STOCK -7''Y ACF-Brill 30 , 9% 45% 9 48 30 7 • : 32 y4 56 % 41 35% - ♦95% 33% *54% : ' 97 ■ 32 .58 f: 42% 34% 10 115 Abbott -4,400 44% > 16 ...14% 48 -v/-. 7:: 48 7 9% ♦103 9 42 */« Y YORK >• YYYY- x 73% 72%. 77 115 42 VB -28% 28% 10% Y: *104% 5% 6% 14% '*44%- . 7 30 10 % 41 14% -48 ,29% ■'7 3% SHSS/S 7 ■ 33 y8 •55 i»44 7 36% 27 %' 97 *96% >774 /> 10% 6% 28 ■: 30% *104% 108 > 5%; H 14% 748 7-»: ; 36 108 5% ■■7 14% 41 . 8% 8% >8% 8% 41% *103 115 ♦103 105% 8% 14% 10% > 105% 72% 69% 70 68% 71% » 41% 29% 10% Y , 9% *46 31 10% 7,7 69 42 14% *46 >30% : 120 8% 42% - 74% ■■■ NEW EXCHANGE " •73%' '■ • the Week $ per share $ per share $ per share $ per share Friday Thursday Wednesday Oct. 29 Exchange WEEKLY VOLUME OF TRADING RLY RANGE OF SALE PRICES 7 2291 Deo 56% 5 10% Deo Mar 58 Deo 68% Jan Apr 24 Jan 47 ' 28 109 Deo ' New 2,700 91/8 9 9% •11% 11% ♦11% 12 24% 25% •25% *113 114 Oct. 20 24 24 221/2 99 101 *100% 101 15% 25% *141 *143% 12% 12% 13% 36% 12% 36% *37 *114 116 *105 105% 11% 12% 12% 113 115 102% 105 12% 7 13% 21% 21% x36% x47% ! : 28% 105 790 21 21% 22% 1,400 ■ 7 110 52 53 10,900 166 169 37 37 166 166. *162 31% 31% 27% 28 28% , *24 *23% 39. 7417// 140 25% 32% 6,600 7 1,800 2 3 123% Aug San'y 39 39 *139% 142 VB No par 57 •54 55% *55 7 *77% • 82 81% . • 52 120% 14% *105% 8% 1-6 7/a *5 35 45 " 112 16% 117 ♦15.5 i 34' 44% 1 1% V 79%' 1% is 79 45% 112 113 : -» 4 > 15%:; 17 5 •/> ' 52% ,11 f 35 34 ' 50% 15% 106 162 7. *63 36% 36% 45%: ♦111% 112 51% 51 16% :.15V* 5 5,: 7'32% Y' 54% 118 34 . 30,200 'U627 104 7% 38% 38 38% 47 47 45% > 46, 45 112 ♦111% 16% *15 17 15% .7 5 7-7 5% 35 35% 53 Am $6 4,500 7: 5,800 112 53% 7 17 17% 34y4 v Conv • se> page 2301, —No par .100 4 10 Wire Hock preferred Anderson, Clayton Anderson-Prichard Andes 100 1,200 A "7 P 35 38 Sep 10 Sep 9 5 7108 y2 Oct 9 43y» Jan 7 15% Oct 10 13% Sep 4 4% Sep 19 No par 26% Mar 22 21% & Co,. Oil Corp 10 .20 Co Inc Archer-Daniels-Midland , " tmmS'r titviimsrn* marn ■ I I ■ ■ I 110% 70% 182% 104 15% 90 +* ■ I • mmmmmmmsmmmmmms 32 : 40 V* 164% 41% 153 ' 104% . 19% Deo 184 , Oct 31% Nov , 44% Nov 68 % 181 v Dec Dec 60% Nov ., * 164 43% 29 31 ' 60 Aug Dec Deo Dec 1 Deo": 151 Deo 68% NOV Jan Jan Dec 99 Apr Feb 27% Jan f 17% Jan 22% Jan ; 157 Mar 30% Jan 41 Aug 128% Jan 29% Jan Dec 95% Deo Aug Jan .u. ■ • 13% Nov Jan 65 3 1 21 May 17 July 9 May 28 Jun 24 Jun 5 Feb, 9 Jun 5 Jun 5 Oct 24 Jan 29 May 8 51% Feb Oct 30 41 Copper Mining— W Paper 28% 19 12.50 No par Corp 174 Oct 11 No par Cable 100 y4 78 Sep •: -s^ 196% Nov 1% Nov 121 7 5 Apr 99 y2 May 11 7, 67 142% May ■ 15% Jan 75 Jan 200% Jutt *Tun 10 13% Oct 30 102 y2 Sep 30 29 y2 Jan 3 125 Sep 24 98J/2 Oct 30 Nov 11% Jan 20 ' 50% Feb 6 172 Apr 25 50% Feb 4 S 43 May 10 38% July 11 58 % Feb 67 158 Apr lo 67% Apr 18 18 1 Mining....Y.r.50 & Glass 7 Apr - Deo 39% ... 176 73% Jan 29 Sep 25 preferred conv :' No par •$4 3,800 3,000 -No par Woolen prior Anchor 4,100 34% No par preferred.... 52 191 48 V2 Oct 116% Sep 14 Elec prior preference Anaconda 70 5% Corp & , Oct 10 76y4Oct 150 100 Wks /Anaconda Copper 280 11 For footnotes 1st 73 25 Amer Zinc Lead & Smelt.. 7 2,800 15% ♦15 5% 29,600 8 138 100 preferred $5 7 Sep 38 V8 Oct .25 ...... Preferred 1,600 :■/?. 24 100 class B Water American 71 47 52% 8% *63 69% 55,300 164 7/s 104 7% 43% 752 5% 7-7, 300 ♦45% 112;,. 100 52% Jan 28% Oct 30 26y2 Oct 30 No par No par .100 6% preferred American Viscose 7,700 < 160 No par Tobacco... Common 210 55% 118 35% Oct 30 25 164% Nov 1 1% Oct 31 Sumatra American .9,500 16% 715% •104% 106 7 7% 82% 7 Tobacco_.....No par Am 7,100 155 51%: 101 :—44 ♦15 34% |i 54 159% "15% 5% *104% ' 7* 69% 15% 4% 14% 100% 45 41 51%. •118-7 120%' 7% 7 35 - 81% Oct Amer Telep & Teleg CO........100 Rights : -...7. 50,000 667,600 80 154 100% 7% 16% 16% >*15 •7 51 *63 % 81 157% 98% 36% 55%/' ■7 51% 55 57%/ 35 35% 44% . . ? 120%' i47% 105 155 >:> 71 43% . 46 .5% ' *63 Y 36% -44% *111 : 15 15 71 *45% 112 V, 7Y 7% 7% ; 48% 101% 35% : 47- 46% 13% 105 161% 99% 7% 51% 50 51 159 % v *63 36% 36% *45 *46 > 154% 154% *118 •;v 105% 49% 163% 7% 71 14% 80 78% *154% 52% 102 V* .102% : 156 120% 13% 105% 52 160 162% 104 8 >*63 / 51% 106% 50% 52 162 % 1% 79 78 81% ' *118 ; 14% 103 *55 156 53% *118 14% 51% *111' 79% 157 ■;> ■ 106% •105 7: 157 53% 14% • 81% 81% .. 120% 53% *118 79%: 78 167% Sep 24 Sep 24 47% Jan 8 . ' 157% *156% V; 77% >78''"/ 79%: 56 164% 165% 167% ; 19 Si ««.. 1 Nor — ' 19% 108% July 12 20 Aug 29 ■// 33% Feb 6 17% Jan 45% Sep 10 165 preferred.YtYYt-IQq Co.. Sep 33 No par Refining 29 19 No par ... Stove 200- 14% Oct „._._...100 Sugar Preferred Feb 14 26 —5 new Stores American Feb 16 95y4Feb > 2% Jan 80% Jan 54% Jan 42% Aug 21 3 100 Razor American 23 186 27 V* Jan 41 v~- ■ — 8 Oct 23 176 10 Foundries American 2,300 25%. 41% /■42v.;/'7YY *139% 142% ■■ 60 13% Oct 10 No par ..-..-..100 t per share 130% Jan July 15 17% July; l . 97y4Jan 88% Jan Stand Steel 9 23 No par No par Rolling Mill conv preferred Nov Highest ' 11% Mar 24% Jan 103 24 19 ^ non-cum Amer Oct 10 ye Sep 400 *24'/2 ' 140 *54 ; Jan 11 34 J/2 Sep Light com—-No par & Oct Dec 41% 133 Mar ... Apr 10 22% Jun 8 133% Aug 13 ' 24 Va 140 ___1 No par Preferred.... American Snuff 6% 99 100 Co.... Co American Seating Co 7 Amer Ship Building Co Amer Smelting & Refg 10 >28% - & 21 3 American Safety 1,500 36% Rad 4 y2 % 290 30% 7 27 37% 7 52 107 *162 30 37 43% Jun Preferred 6,300 36% 166 26% 104 V* 36% 23% Oct 10 American 16% 48% 36% >162 Am 55,300 16 y8 167 166%* 35% 42,400 ' 15% 36 36% 49 165 14% 36 20% 15 No par preferred preferred $5 178 34% 15'/a 14% 166 *174 35% 105 104 36% 36% 50% 166 14% 14% 178 33% $6 Power 45% Mar 21 106% Jun 24 30 Ltd News Jan Jan i per share 3 Molasses 2,300 2,400 100 preferred Amer 21% Oct 25% Jun American 6% No par 26 American 14% Year 1045 $ per share, $ Per share 10 1,000 1,800 13% 13 Jan Lowest Oct Co . Jan 26 Highest 13 % Oct Metals ~ Jan Range for Previous ; LowestVY No par Amer & '-.u 14% Dec 103 Nov 15 Deo — Jan 108 May 22 Metals cum 7,500 100 148 103 14 Fdy Co. preferred Mach 50,900 103 104% 105 3.90% & Amer 13 *174 51% 22% 150 Mach 119 - ce Range Since January 1 Par 1,300 114% 115 . 33% 15% 22% 15 12% 13% 31 Amer 37%' 178 ■174 32% 105 104 *13 11,600 . *' '■■■- Y 28 *146 X35% Shares * 15% 26% 26% 148 ^ 23 % Oct 10 Sep 11 EXCHANGE 101 15% < , 111 NEW YORK STOCK 24 *99% 15% 12% 13% 178 32 23% 100 37 - 11% 12% 110% 112% 100 101% 102 23% 26 *146 146 12% 14% 13% *174 25% 35% 113 101 14% 146 12% 111 14% 24% : 12% 38% . 38 ♦35 % 21% 99% 14% 145% 12% 145 *143 145 13% 22% 101 101 3 per share $ per share ' 7 Sales for Nov, 1 — 6% 70 9 7% 118 11% Mar 12 No par .^..^...UOO STOCKS Oct. 31 33% Nov 1 18% Mar 30 May lO 16% Jun 8 15% Jun 28 44% Jan 15 • 99% Jan 21 9% Sep 9 1 the Week Friday Thursday 100, Hi of preferred PRICES 21% Co 1 8'A Sep 24 No par Locomotive 7% S pet shate 23 25% Corp.. Invest American Oct. 80 15 24% 25 24% Internat American Wednesday-; 100% 100% ♦14% 15% 25% HIGH SALE $ per share 22% preferred *112% 115 Oct. 29 24 non-cum Amer j, 33 ;' Nov No par 6% 11 11% 25% 24% 25% ■ American Ice 4,800 111 11% Tuesday t per,share I per share 9 . *10% 115 LOW AND Monday Oct. 28 : Saturday 8% *106 > 111 *10% 12 114 9:: •106 *168 7/412'/ *'10% 11% ' 60% Jan 65% Jan 145% Jan 43% Mar 116% Sep 8% Jan 99% 9 6 14 Dec 31% Deo 140 Dm Nov 11% Dm Mar •J. Jun 40 NOV 38% Jan 87% DM Jan 48 Dm July 38% July 113 DM 34% 109 x64% July 11 27%May 27 24% Feb 8 5 40% Jun 73 26% 112 Jan 19% Jan Xll4% Mar 21 ;'10%Feb 69% Dec 121% Mar 60% Jan 62y4 May 28 v 19 :V DM-/,.. 91% Oct 161% Deo Jan 100% Mar ~0% ■ . 12% Aug 4% Jan 93% 8ep 49% Nov 13% Nov " 9% Nov 40V, FINANCIAL CHRONICLE THE COMMERCIAL & 2292 HEW YORK STOCK RECORD STOCKS •■'..• ' HIGH SALE PRICES Wednesday Tuesday ;■* AND LOW 1 . Monday Saturday I Oct. 20 $ per 12% 12% 104 127% 118% 129 130 46% 105% •104 *21 21% 21 18% 128 83 85% 80 y4 83% 84% 108% *106% 108 % 15% 106% 106% *106% 109 16% 15% 16 14% 51 51 49% 49% 48 49 % 35 35 35 36 34 35% 80 82 85 35% 103% .7- 54% 55% 116% 23,, 29 *13% 13% *17% *18% 17% 20% 20% ^oy8 20 % 20% 19% 6% : : 81% 1 35 104 104 23 55% -51 . 416% ' ' ' *?5y8 12% 11 -29w 13 y4 13% 17 y4 12% ?:, 10% 17% 17% 17 y4 20 7 16% 17. -19% 19 20 21 21 19 19% 20% 20% 6% 51/2 19% 6%6% 19% 6% 45 6% -46% ' 17 '17y4 / 7 21 7% 45% Sep 19 Sep 19 19 12 Oct 18 Oct 10 127 Oct 153 .Oct Oct 7 13 Oct 10 29% May 281 45 Sep 19 83 20 32 Sep 20 49% May 74 Oct 14 94 May 31 125 Jun 30 •33% Oct 22% Oct 10 P4 P"-1 30 25 Sep 11 Atlas Tack Corp_i.^---i-J_-par - Conv prior pfd ($1.20)__-l_No par 42 42% 43 y8 18% 19%; 19 20% Baldwin Baltimore & Ohio Dec Feb 45 Nov Sep 83% Nov' 110 14% Jan 40% Aug 13 24 » 28 Dec Dec Jan 'i 27% Dec t <10% Jan 14% •V* ■<■»»»■ 1 •29 Dec imi: | 10%vDec 5% Jan 58% 2 v / 20% Dec Jan U***"*" 1R 83% Feb' Dec 04% 130 ! 18% 32% Aug 14 Oct 30 41 27% Jan 10 J<*% Feb Deo Jan i 25% Jun 6% Oct • Nov I 60 3 23% July 23 37% Jan 29 15% Oct 42% 120 Apr 113 Jun 30 18% Sep Deo * 83% 30% July c 19 > Autocar Dec' 24%' Jan , 46% bep -Automatic Canteen 'Co of Ame^u.5 : Aviation Corp of -Del (The)> --3 $2.25 conv preferred—— No par 120 33% 3 ,10% Oct Austin Dec .113% Noy Jan 71% May 13 135 52% Jan 48% 34% Apr 17 97% Jan 18. 19 Oct Nov .139% Nov •13% Mar 9 V 130 y2 Jun 110 Dec 140 Jan 101 51% May 28 30 29 Dec 19% Mar 76% 25 May 24 'Oct 106 . : Nov X29% Jan ; 45 • 121 103 % Oct Jan 111 Aug 12 Jun .108. Jan V v 113; 78 • NOV 14 100 i Deo NOV 59% NOV 10 May21 May 29 58 r IS 127% 141 > h 11% '9/ $ per share Mar 42% July 106% Nov 18 i 'V Aug 30 10 115 - 111; 36% May 28... Highest Jan 102% Mar May 31 •148 A% 'conv-preferred—.i.__-^i^--,100 3,000 '0 6% 25 32% Jun 11 46% Sep ' 30 Oct v >9 .130 Atlas Powder ___j;_i;___ai___^_lVo par • $ per share July 18 112% Feb ./ - Jun 65 10 v non-cum preferred—: 100 25 4% conv pref series A__'_—.100 3.60% preferred -series ®——*100 Atlas Corp__ —_5 2,700 ;46 11*/: 105 . 5% 4,200 45,400 " -7% -172 ! Atlantic Refining— 2.400 .1,300 21% 22 21 10 Atch Topeka & Santa Fe_— 10.0 :5% preferred— -—100 A T F Inc__-___i___„_„1__10 Atlantic Coast Line RR__ No par Atl G & W I SS Lines— 4 41 42%" 44 , ' < 11 Oct Artloom *Corp__^.______.___No par 3,300 , 28% ,12% 20 44 y4, " -23% -23% •54 •116 115) *24 ;' " " 107 •54% 115 29 84 ' 337/3 --106% 103% 103% . *80 34% 106% 11% ! 13 6% 6% 351% 20% >3, 12% 45 45 •'*24% .29 *24'/4 « *115 y 116% '*25 35% -22% 55% *115 116% ♦115 35% 106 23% 55: 56 53 Sep 125 -v -, ^.£0: Yearrl»45 Lowest 18% May 28 139 42% Sep : - $ per share 9 •10y8 Sep 112 ,^Q0 ' ^7^ preferred. 92 ; 13,700 106% > .•• '300 16% ' ' 0.300 52 54 6,500 36 -36 2,100 "80 84 , 900 35% 36'/4 7,800 106% 106y2 2,590 *103'/a 405 340 24 -24 7,600 58 59 V* 1,010 *115 117: ■ 60' 15% 4g 33% 104% ; 23% 23% •55'/a •14% 34% . 35% 115% 34% 14% 48 81% 113 104.%. 105 105 y2 *105 13% $ per share v,■, 88 y4 106% 15% r> 45 ■ '84 *80 36 35, 115% -116% 35% 116% *48 89 *107 108 % *78 V 430 52% *48 •' Range Since January I > Lowest /'.•■ Highest < 21 10,500 Associated Dry Goods-new_~__—LLl 180310 " 6% 1st preferred„>.^,j_^-„100 ^ 130 •. .130 ' ■ .1% i2d preferml^:i^^.y.y___100 52%. :100 ■ Assoc Investment Co_.^ 1.-N0 par 20% 130 i 130 *128 47%' :47% 105 420 Range for Previous V:; ■•• '. Armstrong Cork par, — , $3.75 preferred JVo gar 1 700 .> Arnold Constable Corpii_.__yy_-^^5 k+15VS:&}<- 15 or>7/0 131 *127 200 4,300 45V4 '20 " 14%'''"' " iQ3i 19% v 132 7 -20 ' - 135 45 *104% .; 105 20 86% 85% •15% 116 y4 •104% ^14% 121 Va >132 *45% ;«y •'.;••■• 49,200 ;i Arn>our & Go of Illinois^__5 900 '-$6 ;C<MWprior preferred L_Nopar 13% >117 - 130 ' 44 14% 428 *106% . y 130 :/•; 20 131 • 52% *47l/2 ; 49■' *471/2 49 ;130 *128 ■ 7 •. .mi :• • V' NEW YORK STOCK EXCHANGE Shares share per " : the Week 'Nov. 1 12%' 12% ' 110 105% 13% \ v 45 •*19% 14 133% 133 129 . *104% 20% $ 19% •;.:>•• "t 130 *128% ,86% 86 134 134 131 *47% 20% 19% 20% 136 131 •14% 13 14 14 20% 136 . 19 y2 ••'•'■ 49% 13% 21 42 V. 116% 43% y. 105% *104 . 46% 45 Va : 105% < 116% ' 42% 429 share per 11% 130 129% 46 y2 45% *46 *104 12%' 117 7'7 •116 118% 127% *103 share 11% 12% 12 ■t per share $ per $ per share share ":••••'.'•' Oct. 31 Oct. 30 Oct. 29 • Oct. 28 •'■"•'Sales for ^Friday -Thiirsdav Deo l A3 ? sDec/ ■ B 19% 13% 19% 131/4 ; 13 20% " y 20 114% 30% 36 16 25% 25% >-■ 25. Q9 94% > 19% y4 41% V 15% V /: -4i ,':• 22 *101%' 103 ' 42 Va 57 28% 48% . *86 31% 36% 37% 21 21% j Bliss 41% „ . r 103 V7: -26% 51% 51% 421% '"-• 25% 15% 89% 89 y8 89 %> 15% 16 33% 34 15% 14% 15% 31V4 32i/4 307/8 32 ; 31% .,75%., s 34 25 25% >24% 25 25% 27 25% 22% 22 *123 •.:: : 72% T-." 71%. ••'• 27 y4 > 103 ;*102% , 14% * 124 70% 122V4 14:,:/; 11% 71% 'i'/- 27 :V: 70% / 26% >27% 25% ~ 34% 34% , •104 y4 23% 22ya 105 14 % 15% *122y4 124 34% .17% 15% 124 26 15 % ;;37% Oct No par ^_1 ——— Co (The) 101 No par A !— — 26 15% 16% . Maine RR ; 101 Sep 4% Sep 45% Sep -;33.;: Oct 15 Oct 72 Jan l3%Seo (assented)-100 18 Apr 17 ; 77% 28: 28% $5 preferred 1 , : No par —i-1 - 8 Jan 17 Sep 47% Jan 36%'May 14 19% Jan 112 Vs» Aug 6- 52% May 10 31% July 11 114% July 31 /'Buffalo Forge Co.--1 Buff Niag El Corp $3.60 pfd—,-100 ^03% 103% 25Mi Oct" 11 . #^101 Sep 24 >22 Oct 9 Oct 30 •— 22% Aug 17 Aug 65 Jan / 127 Mar 22- 168 30% Feb 16 Jun 58 Jan 48 Jan 23 Jan 13% Jan — —. - May 31 46 10 18% Aug 21 66% May 10 35 Mar 26 18% Jan 9 49% Jan "95 Feb 62% Apr 24% July 33% Apr 36% Apr 73% Jan 17% Apr 30 112 89% July 48 V* May 9 13 .,57% Apr 22 61%*Jun 5 -107% Aug 12 Apr 11% Jan 23 64 May 31 33 Oct 31 ^6% Apr 34% Jan 17% "47 10% 37% 42% ,Jan « 9 May 14 20% Feb 16 91 53% Jan 42% Jun 28. 37 ' - 45% May 28 110% Mar 18 23 25% May 31 38% Apr Feb 130 ? — : . 23% Jan 12% Mar 120 Jan 22% Jun 14 ^ . . ■„* — '■ .* ,,»•*:, >V'v V. , 22% Jan 108% Mar 28 * Jan Mar Mar 106 89 Jun 2$ 45% Feb 2 * Mar 35% Dec July 21': vJan 1 115 Apr 3' 38% Apr 22 May 70 fOVs Oct 29 ; Aug 103% Jan 58 . 74 73% ' -26% *29-; *102% 103% * Oct , 23% *122% 123 ; 12 y4 12% 12 % 71% 103% 9 42, -5 ' 106 23% 123 11% 35% 35% *104 -15% *122% 71% *103 37 Jan 112 ' 27% 26% 23% ' 109 *107 105% :? 51 49% 35 *104 - 11% 27% *26V4 , V *23 22% 70% 271/4 35 •. 104 y4. 10% 11% 71% 16 * 48y4 50% *107 109 -26 26% . 103 103 102% 102% , 22% 16-a /' > 11 ••11% 11% «*27 15 y4 *i22y4 : 104% 22% 22y4 . 15% 125 34% 25% *103% 104%/ 104% '""15% 25% 15% 48% 48%./ *107 109 '25% 26 50-, 109 109 109 *35% *35% v*io3y4 *86 14% 25; class Co Boston & 57/a 33 .167 25% *108 109 Brass & Sep Sep Oct Oct 24 :3 Bower Roller Bearing Co__—5 25 .•.' New• -^-5 31 Braniff Airways Inc 1—2.50 30 Brewing Corp of America 15 21 Bridgeport Brass Co Nopar 9 Briggs Manufacturing—!—No par 30% Oct 23 Briggs & Stratton No par 23 Oct 9 Bristol-Myers Co new—__—-2.50 / .35 V2 Jan 10 3%% preferred -100 Y/" 199% '"vt 3 Brooklyn Union Gas No par 25 Oct 28 //Brown Shoe Co,Jnc com—. —15 31% Sep 49 :$3.60 preferred.—_-.-'-u-^--lVo par 103 Oct ;8 Bruns-Balke-Collender -No par / 20V4 Oct : 9 Bucyrus-Erie Co-—————5 14 Sep 9 7% preferred ^ 100 120 Jan 2 Budd (The) Co.-common No par 9% Oct 10 103 33 15% ' 89% : *87 ■:/ 15%. -25%; .48% Sep 52. Oct 28V2 Oct 42% Sep 19 10 10 30 10 10 ft 30 4 37% 14 35 19 % No par 15 BorgrWarner Corp-i-X^-i/!-/'—5 3% % cum preferred —100 ' " 25% 15 : 32% 50% Ami -Class B . 5% 15% .50% Aluminum Borden 5% 31% ' >*108 89% 87 preferred—; Bond Stores Inc common- 31% '■ *102% ,*1021/2 103 7-7: 34 *32 16% 87 Bon ? mv* 7 41 conv - > —1 & Bohn v30% r 39% - 48% - No par ' Co-—— Laughlin Inc new 2.50 Bloomingdale Brothers——No par Boeing Airplane Co„_ —5 > .48% 30% 48 No par Co Co„i_— W) $2.25 :16'/4 22 15% 15% , t 42% 16 y8' 29 5% ,5 15% • 33% Jun 10 Decker Mfg & (E ' *102% . 35 *30 ' 16% *85 89 Va 15% 7731% *25% 35 *30 • ri 18% Oct id . ... 7:7 38% '40 5% *5% 5% <'51/u £?V:; 16 16% •'-16% -" 29% .41% ; 16 37 20% ■ 30% 46% -57 , 12% May 28- 83% Apr 10 Bliss . 30% 59 31% 12% Jan 35% Jan 54 Sep 12 32% Sep 20 15 % Oct 30 Black 46% 46% ■'45.:: 46% 7 46% *101% 102 7-7 *101% 102 101%: 59 58 *58% f59v^S%'?7 *57 7 77 101 103 103 . >736 • 21% 19% 43 57% U: r - 37 *33 37% 22% .16 114 28% May 13 4 88% Sep 24 144 Pep 25 Bfaw-Knox 21% 21 >77,41%/ 41% • ; -19. •' 18 ■ 15 Jun 25- (Del) —__No par ——100 Steel. preferred- 7<ft 51 51 " I5V2 44 . 103y2 5% 41 15% 47% 47% 47% /487II/24 41 y4 40 41 y8 42% 102 v2 102% 7 *102% 1031/4 42% *1021% ■■ 42% ;. 103 *58 v; -.-*47% -581/4 7- *51% 44% 77: ^ >30 31% 31% 777 21% 43% - 59 *58 *33% 22% *101. - 15% - ' .21% Jan '&L7 9% Apr ,35Aug 30% Apr 25 43 Jan 36 — ' 142 1 Bethlehem 36J/4 34% v7; 18 Vg 20% • 4 7" ' 98 pep 10 30 % Oct 30 22 Feb 556 Best Foods- ... 58% 57 58 34%. HV?4% 17 20% 41 40% 15% . 7 : 17 i/a 15% 18% 16% 20% 77, 40% 34% *33% 34.% 77 '.58 V- 59 59 4 16 *147 Oct 24 24% Sep 20 V Best 96% 154 ' 93%' ■ 155% \ par No Loan Indus Cum '27 52% Dec 16% Jan 14% Aug May 23 73 May 23; 118% July 18 110 Mar 8 9 • •26% May 16 31 139% Feb 18- " 94% 90%: *152 59 19 21% m. 43 43 94 154% 34 . : 37% *34 38% 22 - 34% 15% > 15% < •' 59 171/4 20% *36 9iy« 24% 57 Mar 29% Aug --- • pfd $3.25 ser of 1946-Wo par & Co.-—-—-. 1 Beneficial 26% . 60' 17 64% Aug 14 41% dun 12 5 — Bendix Aviation! 32% 12% Jan May 24 88% Jun Oct 30 16% Oct 30 106 Oct 10 28% Oct 30 101 . Jan Oct 15 18 ' 26 Jan 19% peb 29 101 , 11% Bigelow-Sanford Carp Tnc—lVo par 31% 32% 20% 41 18% ,107% 31 31 y8 25% 154% 16 19% 18 30 y4 25 20 --r, Belding-Hemlnway^——.<!—No par *106 *99% y4' 31% Racking Co Oct . 16 28' 30 104 ,Feb 21 12% Feb 9 30% Oct '9 tBell!Aircraft Oorp-l—"-e——J-l Bell Si Howell Co,-; .-I—--—'10 .' - 4%% preferred —100 •" 17% 99% - 112 -!!-50 RR— Creek Beech-Nut 107% 17% 25 y2 ;• 34 41 • i 17% *15% *106 30»/4 61 60 y? 17, 19 18% 28% 24% 35 V *34y2 .7. 17i/4 , > • *16 v 18% 25 y8 *154% 156 *60% 762,4 Beech -99% 31 94 • 107% 14%: 36 114 14 4 21 . .25 *34 26 307/a 31% v:.;j3i%y 17 18 46% Sep , .100 ,pfd__— conv cum *103 "103 *16 16% *106 - 102 25% 323/4 34 *103 Sep 191/4 Oct 21% Oct 12% Oct Sep 36% Apr 26 Oct -48 % Oct > 30'/4 Jan 47V* Jan 10 31 24 26 30 14 9 10 10 -66 preferred——100 Beech Aircraft Corp ! —1 13% 34% ,13% • 18% pet Beck'Shoe 4%% ' 25% 30y4 26% 101 32 105% *99% 31 3(X% 26 105 16 * 18 " 17y4 113 18% 16% Xl5% , 106 113 36 103 - 19%" 106 108% *99% 156 16% . 16% 18 • *106 r " 3%% 114% 105%" 105% 13% 12% *34 ,*100 36 101 18% *17 - 13% 12% *34 19% 114% 105 105 100 Beatrice Foods Co 51 51 *"113 38% Jan 30: I81/s Oct 30 rll' Oct.10 100 50 .100 -10 10" .*50 .BarnsdaU Oil Co———5 Bath Iron Works Corp -1 Bavuk Cigars Inc new No par 23 22% 48% 13 Iw--—- Aroostook-Conv/5% preferred-!—Asphalt Corjp— Barker Brothers ! — ; 4 % % preferred— '20 19% Works preferred Barber ,60 24% 23 . Locomotive Bangor 29% 27% •48 . 21%: 21 y4 "47% *113 101 : • 103% 16% 31 941% 52 23 19% 19% 22% 14 67 50% 50 ;21% 105% 19% •261/4 152 *48 114% 16% 101 / 26 * 50" ' 13% 13 y8 *34 . 108i/2 /' *25% •'; *991/2 - • *105 » -18% ^ 49 • 106 -103 20 !<'• *106 *2iya 50 , *113 ■V .16% :/ *18 28% 19% >: 22% '49% r : 104 16% 20 23% 19% *105 .37 103% 50 22% *113 r 13% 13% *34 49 23% 12% 67 4% ' 106 106 v.'27ya 50% r.y,- 22 114% *113 . 28% , 19% "51% :/• 52% 49 V4 14% 23 67 *66% 52. 13% 21 50% 27 13-' 67 28% . 22 y8 22Va, *50 • 14 50% *50 „ 23 ♦20 14 67 22% 50% 22% 13% 21 13% 12 18% 51% , ;*V. 29 ,29 13% 21 14 67 ,.♦661/4 v..67>7 *'• 52% ,.52% *50 19% . / , 67 *13% •14% •141/4: 21 19% 12% 13% 20% ,21 21 "V v, 18% .18% '19%, ; — v,s vi * r ' "•' 18% 18% 18% 17% 106 ^ 105% 17% . ■i06t^ 106 ■./•'■'23 ;/:' .: 38 :> 23% •? '38% 23% 39 23 'y:;:,38 23% 39 V 106 23% 23 38V4 23% 24% 37 . 37% 38 16 %■ 18% "■*105 y4 106 17% 18 : 26 *98 y4 *98% 99% 100% *99 ' 15% •::.v 15% *7% . 81 / 81 ; . *5 sy4 15% 157/B 100 -15% , : • 97% *99 97% 100% 15 75% 22% 21% xl 08 »/2 106 15% * 16 99 16 99 X22% 22% 15 y8 99% 22 . Oct. 29 $ per share •'&£, $ per share ' \'k:*a sy 80 82 23 23% *107% - • 16% 100 100 1 21 -22 22 56 3% 6% 6% 6% 25% 25% 14 3% 6% 6% ,. 25 . *43% 44 30% " . *55% 3% 3% . 7 13 12% 12% 13% 115% 57 59 12% 6% *45 15% 16 12% ~ 54% 12% *43% i2ya 1?%. 54%- 12% 12% 122% 45 45 45 .43% 15% 16; 1.5% 36 44% > 37 *35% 12 77 24% *6% 7 35% 35% 155 For 6% 35 154 footnotes see 6% :' 35% 155 page , •' 61/2 34% *152 2301. «■ $ per share par •. 14 ,7V 117" 14% 7 55 55 44 15% 36 w 7V 'V ' 14% 15% 14% 341/2 35% 54% 1,500 13% 7 3,300 •7 ' ' •57 ■• 47 16% 35% 13% 123 45% 6% 6% 35 157. . 33 *lp2 6% 34% 157 *6i/2 34% 16 : -36% • 6% :."V 7 6% 36% 35% 157 153 .Cannon v, 17% 7. 7 ■ Ry Co.- Pacific Ry —--—! Administration preferred A Carrier > . No par 2100 Steel Corp 4% Preferred & class A—1 —10 Ohio Ry„—100 Co__— V - Carriers & General Corp— 3,70 P Cp*» 70 f.T J\ -Preferred —--_5 _10 series 2,300 ".36% .'"V Nonpar -_5Q. yi Co_—__——25 100 30 ya Oct .30 Oct 2 53 Sep /v 6y2 Oct 3 , '■ 3 9 20% Oct 10 xl3 Sep 9 3^15 -H-. Oct J,0 43 < Oct 9 11% Oct 10 ■ . ~ ———25 Mils 'Carpenter 12,500 3,100 Southern Capital $3 1,100 1 preferred Carolina Clinch 50 37 154 Canada >7 125 •48 $4.25 ■' ! , Hecla Cons Copper-—_5 & Canadian 40,700 * *154 ./ ' Campbell W &• C Fdv_; No par Canada Dry Ginger Ale Inc—1.66% 910 /// 70 " — Zinc-Lead Callahan Calumet :• 17,800 117 y2 7 13% *55. .. 122 44 2,300 •45 12% 12*,\ 56 55% f 9,200 25 714% 44 5% 8,500 53% 52% *121 14 117% 13% 34% - ' 170 -7% :• X24y2 < 44% 12%, ■ 3% 7% , 1 ; .;T'—i—No far preferred--50 .California Packing 3,300 57 ■' 777:73% 3% 117 •• 44% V ■■'C00: *57 ' *152 Apr _ 13% Jan 7% Mar Aug Mar Jan July Jan 15 Jan 29 77% 59% 14% 105% 3% 4 98 May 31 39% May 28 May 15 110 9% Jan 6 35% Feb 16 112% July 11 40 May 28 ■ $ per 87 Aug 22% Mar 20% Dec 15ya Nov 95 Nov 81 NOV 27% 110 Dec Oct 7% 28 Dec Dec 101% 39 Feb NOV 7* Range for Previous f :' ; '-Year 1945 •" n~ Bange SiiiCe January I Lowest Highest EXCHANGE Shares 15% Jan 100 Sep — . NEW- YORK STOCK 32% 31% 7 > 26% .12% % *120% 12% V 52% 55 12% ; 119% , 52% •52 121 57 : Sales for the Week • Nov.l ■'' '>>.••• -6% ,;■'•■ 71/4 v ■: 44 55 119% 46% 37 ; 13% 115% 115 ; ^. 58 3% 24% 121 *55 56 121 u $ per share 3l%r; 57% 3% 6% ■ •;.7;; 13% 44 -731% 57 36 12% 56 *119% *43% 13 61 12% *59 Friday '* ■ S per share 20% 23% 6% 25 15$% 116 *43% 45 47/8 Oct 10 15 Oct 9 M 99 Oct ;15 21" Oct 10 105 119% May 27 102 V2 Aug 16 21% Jun 13 / Copper ■ 57 115% 13% 13% 115% 120 ;—100 & Zinc— —5 Byers Co (A M) ——No par Participating preferred—n—-100 Byron Jackson {Co ^JNopar - ,22% 22% —10 preferred Oct 30 Sep 27 Oct 31 bep 23 Oct 10 Sep 20 Oct 19 Oct 10 7* 217/a Oct 30 105 Sep >26 preferred—*100 common STOCKS,. $ per shate ' ■ > 4j/2% Butte \5% • Bros . ' 00:Oct.. 30 u 30% V 3% 251/4- 25 <14 *116 x30% '.X56 56 7 -; 3% 3% Butler . 18% Jan 30% Aug 46% Jun U 59% May 29 26% July 22 111 Mar 22 lowest Highest $;per share 7 $ share per share ■■ 31% ' 31% 56 7 -•Thursday ; -Oct. 31' 7' *31% *54»/2 Bush Term B'dg 7% / 16% 17% 100 100 17 Vo - • 24 108% 777$% 5 15% 99 21% • 22% 78% •5% ' . v 7% 82 107% 108% • LOW AND HIGH SALE PRICES Tuesday Wednesday . $ per share 5% ;. *7% •/ *78 22 108% ,4% 5 7 82 v *77% 76 22% 108 % 108% 5 *78 37 . Burlington Mills Corp com new—1 4% preferred -100 3J/2 % conv 2nd preferred 100 3 V2 %> preferred -1U0 Burroughs Adding Mach_-__-No par -15% 100% 14% 15% 7%' 7% *99 No par 16y8 104 97'/2 100 13% Bush Terminal .w!-!—7 6% preferred •_ ——100 78 98 97% 80 *75 77% Oct. 28 Oct. 26 45% .7% 7 Va 7% 78 y *75% Monday ' Saturday Xl4% ; 15% 78 ;/ 5ya 100 99 22% 22% 22% 100% x22% 107% - , *99 7'i/4 : 23% 23y8 v-;:107 % 107% 5% 100 , 97% 15% 7% 83 *75% .77%" y- ♦107 > 7% *78 *94 100% *99 15%- -15% 7% '"*75% ,:.77% 23% 23% • 100% *99 99% 98% , 1 i—- Co Inc.—i———5 39% *105% ' 99 Co 18% , 106 106 Builard • Bulova Watch 39, 18%' 17% 106 24% 24% -39 Oct 12y8Oct 50 Oct :/H2 • Sep 39 Sep ;V 14% Oct .30 10 23 .11 30 34J/2 Oct 30 52 'W .-30 .•'.-•?V:6% Oct.30 1 33 153 Oct 30 Nov;..,l 47% Apr 27% 12% Jan 43 Sep 56 4 Deo Apr > Dec Apr 9% Nov Mar 32% Nov 113% Feb 128% Dec ;}>!'%, Jan; 6'/4 28 20 40% May 29 .18 Jan 52% 8 Apr 10 7% Feb 16 58 July 30 May 29 147 /Jan 227/a Feb 16 47 .73% Aor 99. 21% May 219 59% May 21 « May 23 61% Jun 17 137 34 Jan 30 60 Feb 2 Jun 13 Jan 8 Jan 56 Jan 20% Dec Jan 72 Nov ?■• 11 52 116% Dec Jan Mar Jan 32 Mar -21 Jan 33% Nov 4 10% Jan . 10% 48j/2 7 ~58 55 183 - iy* Jan 35 7/a. Jan 152 Jan 10 Dec 48% Deo 175 Dec r '• . «••• THE COMMERCIAL & FINANCIAL CHRONICLE Number 4539 AVolume 164 > NEW YORK STOCK RECORD STOCKS • LOW AND Monday Saturday - $ per 20% 7 Z 105% *140 • *105% 140 1 ; 22% 9% ... t 138 25% 2078 20% 22% 22% 9% 10 7 9% 10% 115 r. *8% *30% 9 8% *97 98% 83/4 32 *30% .'■ 173/4 18% *24% :/ .. 25% 23% 15 13 22 9% 32 17% • 23 223/4 > •,• 50% 5178 50% 67a 67a 67a- 12% 11% 12% 8% 7% . 87a 83/B *43/4 < 87a 47/a 47a ■ -- 47a 13%; 34% • 67a 4%; .. 8% *44 507a *58% 60 " *58% 60 *58% *15% :// 25 / 16% 16% 38% •30% -•10%' "' 7 31 18% 18% 18 48 ; 467/a 21 | K 113- 60 44% *107% 1087a 102 **57 102 *101 7 *57 7 62*" 1 62 21% 7:20% 33% 32 323/4 "44 44%' 160 443^. .43% -43% ., *160 163 163 7 ; 108% *101 102 43 ' ♦ ' 160 160 LOW AND HIGH Oct. 26 •:i - 9 Sper share : •130 140 *63% 64 •900-V: / 134 135. 64 ■ 47% ~r. , *. ii 104% '-46 ' 47 1037a.l04% 39 5 397a • "48-,', . *103 39% 40 ■ 11% 10% 16% 16 40 136 *103 * ' Preferred 2,2dd /'«■■' ■ ,Noy. 1 ^ 38 IT - *16 *15 f : * 16 : 477a 104% 37%' ■•387* ' -59 15 137a *14 7a 14. "13% 100 7,'' • . 41 ; 307i 31% "30% 30% / 9 31 .307a 9%' 7.30%' 29 .30 11%' .1274 12 1674 16% 167/r 14% 15 - 28 30% 1 , 10 .4 *16 "'1'310"•; ; 7 -'.•14%' ;.1'4%-- 35 353/4 23% 23 -23'/a *83% 85% 85% ,85% 84% 41% 40% 41% 39% ;40«/4 38% . '387a 109% *109% 21% 21% '36% 109 203/4 217a .3% 3% 122% 3% $22 7a 31% 122% 29/ 14%> 27. : 15 14% 21% 7 *85 8574' 857#- 41% " , . 227* 7 Jan , 197a 26% 77 53/4 i 27 7 37a 121 , ' 38 ,2374 85 7a . 1067a 67a" , 3% . " 217* ' . 374 ' 3%. 122%- 122% 3T7V . 137a 14%" •: W4'-;157a- 25 25 34 357a 47 :: 26% 19% 19% 193/e 21% 20 107 J. 20% . ' 2tVi 15 7a 46 - " 25% , 35%" 21 19 203/4 *113 41 40 18 113 41 15% 105% 18% 41 36 3/4 *104% *9 45 IS3/* 19" 13% 20 22 1874 113 40% 16% 18 3574 *105% 9% •46% 473/a 473/a 47% 4674 46% 7 10% 10% 107a '103/4 10 Va' 10 %E 36 16% 3574 16% * 36% % 34% 71674 ■• *13% 14 Vi Jan 22 Dec 17 47% Mar 58% 187a Jan 23 15% 26 Jun 10 26% Jan 28 12% Jun 127a Jun ~5% 25 33% Feb - ',7- 16/ 24 487a 48 14% 133/4 64 :'v 127a 54 13 54 13 7; 54 15 14%?133/a *52 7a IT 12% . 54% 27% *104% 67% 192 I 192 - •4% 263/4 7 7 .67 v 8 : • • 147a 11% July 8 •: ; 3$72 Jan 29 10 19 Jan 24 7» ' 337/a 337/® *1033/4 1047a 17 ' ■- 1 66 10% 33 Dec 28 607a Oct 74 Nov 437a Jan 17 2574 Jan 49% Jun 36 54 Jan 3734 Jan / 6 Mat 6 Sep 19 4 Deo 49 Jan 59% Oct 17 54 Jan 64 Dec 25 % Jan , Dec 37% 673/4 Jan ^ 66 19% Jan 597a Jah ll " 2 157a Jan 27 Dec 19 114 Feb , 27% 15% *48. - 123/4 t; 5(f w 133/a 54 • 7 7 Jan 6774 *- 54 26% 1047a 1057a 2674 «■ 15 48 Nov 91 % Jan 4% 4%- 48% 4%- 4'7i 7. 32%' 33 v -V // 31 7 1047a 104% 104% 33% 10472 *20 28 ;7 28 28 *24 /■; 25 26. " *28! i/ • *24 - 3574 .35%; *5274 • 28 ; 357a 28-, *106 7a 118 For 527a / 27% 1067a *116 ■ 35% ;. 527a • 527a 106% •116 footnotes see 7 34 ; 27 106 %; 118 page 106 3/S' *117 2301. .. ••/. 33 35 *52 7T 52% ; 28 - $ per Sep 19 13 . 42% Jan 58 277a cun^ pfd:. W yt——LNo pa? Continental Eiec^-10 Jan 80 Deo 98 Jan 105 Jun Can 25 Nov Jan 72% Dec ; 170 Feb ? 89 Jan 9% 44 10,300 ■ Continental 1,600 27 47a V' 47/a36 -3374 • *20%' 1063/e 118 343/4 *5274 52% 21% * 106 "*117: •1067a 118 - - 47» 28 5274 27 100 30 35 • . 49 ■ • . J-Nopar Inc..—20' Insurance 118 v 105 May • 115 5 Oct / Nov i 08% Jan 110% Apr 1 i. i 937a Jan 100 Jun . 537a Jan 59 Nov . / 3474 Jan 41% Sep , i • ' - ^ 35% 140 / Jan 53% ii Oct 155 Apr1 Dec* 1 Year 1945 Lowest Highest / $ per share Sper share share 130 (59% - JUJjT 11 24% Feb 317a May -v Deo ; Feb 101% Oct 34% Oct 72 Nov 49 Nof Deo 100 V ; Jan 14 ,183 Dec 50% Deo; 18% Dec ■». 10 / 28 v 50% Jun) Jan' 18 39 Jan' 14 >" 46% Jun( 38 Jan 14 25% Jan 407* Juni 47 Jan 29 31 Mar 50%' Nov!: 47 Jan 28 31 Mar 50 14 Jab 24 4% Jab Apr 22^ 363/4 May 211067» Apr Jan 28% Jan 48 413/4 Deo 20 NOV Ij 11% Dec $$/; Nov : 28 oct /: Deo?; * 10 J50% Aug 12 593A Jun 39 6 17 1872 Sep Deo 110% Dec : Dec 257s / 31 1 367s Jun 53% Sep Jan 1574 Aug 3274 May 13 53/4 Jan Feb : 110 July 15 ' 123 4% Nov H Jan ) 6 132 89 124% Jan ; Dec Corp 29% 10% F*b Feb - - - 14 4674 10 337/s 15% Oct Oct Oct Oct 28 36 106 533/4 *** ~ • ,* 6% 3,:'; May 27 60 33% Jan Dec ; Jan 3474 NOV ; Sep 10974 May 22 ; Dec 745% Deo 11% Jan Aug Jan 1774 Jan 3574 17 7i Aug 45 Deo 10874 Jan 115 547a Apr Feb 267a 18 63 24 Jan 537/e 1137/a 18 3/s . 17 8% Deo ) 933/4 July 109% Dec , Sep . 37% Products 10% / 46' Refining — 190 / 12,200 400 / " ' BOO' 700 3,900' , • . 200> 28%f''///V 3,500^-' 460 Internat Corp.. Crane Co common:.— * 3%% preferred— Cream of Wheat1 Corp Crosley Corp (The)..T Crown Cork Seal— $2" preferred Crown Zenerbach* Corp Coty _T ' $4.20 $4 preferred 2nd preferred —— 1.;;; 4% Oct ;—25 /- ■ 31 Oct -—100 ,10372 Oct, (The?--—2'" 28 Sep —Nopar 2074 Sep LNo pair 32 Oct No pat 48 Sep 5 /,25 Oct JjNO pat103 Sep Nopar .110 Sep" 10; 30 17 10 24 10 20 9 . 19 10 17% Apr Dec Dec 59%' Oct Jan 8% Jan 20 Deo 29% July 43 Nov V' Id- Jan 2874 Deo 19 477a Feb / 653/4 Nov 16 *60 Apr 24 27% Jan 18 127a Jan 49% Jan F^b Jan 56 ft30 31 9 I 237a Feb 21 39% May 29 14 7072 Aug 12 1093/4 Aug ; . 49% Jun 17 |8 353/4 Jan> 14 3974 Feb" Jan 1 14 54% Feb 6 407* Apr 12 110% Feb 5 Apr 12 150 28% 527® Mar .30 Dec , 643/4 38% Jun lOlrfur Dec Oct Oct 108 Deo 5874 Jan 71 Oct 182% Jan 199 Deo 6 Jan 18 3% Jan 7% 4374 Dec 108% Deo' /.v (• / 11072 Aug 62 19% / 63 3% Jun 16% Aug 671/2 Jan Sep. 11 — 113 . • 30% 5 —100 ; x235/a May 29 143/4 Apr 10 7% Jan 29 ... 50 //':• . 21074 Mar 30 Preferred > Jart 1067a July 29 2,40d^ :Coty'Zinc..L-—// 77a Oct 30 / 2974 ••'- 118 preferred—.!; 40% Nov Apr 87* Jan 493/4 May 23 Sep 2± 230// 2,600 527a A / Corn 7,800 . 3772 *117 -/ 3%'% .10 . ' Y\ July 18 Jan 10 Jun 10 Mar 29 Feb 8 Jan 18 109 7e Oct 30* OctOct. Oct Oc7 ; 26 1153/4 Mar 15 i: V- z Dec 8 '32 Juiy 3174 v 17 47 -- 5 107 • 25% Oct 30 .—100 // 104% Oct 14 •——25 / 587» May 8 Corning Glftss Works common'./ 5,900 * 1067a '/<' •../-- i/'V- :• . 28%'- *52 f v 27% /,/./ 28 % • . 2874 ';: 36 -v' ;-'•' ,.•-. Nov 774 253/s July 12 233/4 Apr 20 29 10 30 10 24% 6 109 3/e Jan / Oct *50 Jan 33/4 Mar 6 / 39"% 267* Mar 557a May 13 22 , 3474 Nov 28% Jan 40% May 13 . —1 .—5 Steel Continental ; L——10 , . 37 *: 28 4 106 j 29 74 5274 1 "Dec 100% NOV 233/4 Jab 29., Sep 25 ;; Cooper-Bessemer1 -Corp.—i.JNo pat' / i/l4% 130 " * $3 prior preferred^ /Nbpar-* • 4672 1,900. Copperweld Steel CO— *.—5 -12% 30 Conv pref 5% series——J——50 50 3,50o / Cornell-Dublief* Electric Corp_^n^*T ;/r 123A 970 Corn Exch Bank Trust Co .—20 52 " *10474 104% %7 28 3574 *117 " -'-t 55 V,'/' '6'% 287a 205 41 . 125/e Feb 26 101 Sehr 23 - 33% Sep l9 -106 72 Sep; 24" 83% Oct 30 2j70^ / V 1047* 1047a " .. 28% t •'••• 1093/4 Jan Feb' 11, 69,% May 20 60%" . Oct'30 82 No par Motors—Oil of Del Continental- Continental 14 ''2774 '.874. /v 1' Jan 49 110, -Aug 20 637a Jun 5 > f $3.75 15,800 ' , 105 ; 105 ':0m: 69 ■J"-: 68%- 69 1937a 1937a 193'%/ *192 323/4 104'7a -26; ■•"■- : f Aug 20% 200 ; 1274 Oct 30^ . / 28 — 2,500 »li> . 54% ' / Dec 140y® •. Range for Previous 6 per share Par^ preferred'i—/.—'.No,par .-TOO "/ Continental1 Diamond Fibre———-5 17 \13% 1057a 67aA> 677*- 1927** 192" r Dec Jan 1 Range Since January 1 Highest- / Lowest',; ; * Continental Baking. Co :-$5.50 preferred/ . 14,800 • 100/ ' 27 *104% - *48% // *527a 54% 77® 3274 : .1,372 .137/a % 50 54%- 65% • 1927a Dec Jan 4 " , Columbus & .Southern Ohio • J— • 9% ,T 13% 7% *1033/4 9,000 477a x 137a 1374' 257a * X23 4% m non-chm 1st preferredj._-100 " $4,25 400 J. . ,117a,. 117tf 357a 38 / r/;:':/;/''!:;*/ -15 • 1374 8 7 29% 729% * 14,000 393/8 1674 49 54 : > 29% r May 9 Jan 30 27% Nov ! ' ■; S6p#13 16 25% July 11 ' Jan. 8 Class _———2.50 -30 Sep 30 ' Columbia G?is'&-EIeo_—„:No par / 8% Sep 24 Columbia CarboA Co..4 No pat".7 33 Va Sep 10 dolumbia PibturSS com:——-rN6phr 7 721% Ott^(30/ ^ 1,600 3,900 109f 9% .16%- 14%" 14% 8 29%/ 1,100 47.. 1 36" 35 8%; *28 7* 26 :v7 1927a Oct 823/4 Jan - _ .EXCHANGE. ; "7 : 7 4<& 66,300 377a 4674 123/4 5474 7; 34 y® Jun 76% Feb 10 3672 Oct 10 . 407af ..41 ; ^ 9,800/ Commercial.:CreditlL_.i.—_—4^.4.10 ; .7 367s Oct 30* 109 lltf 800 " $3.60 preferred—.. ,100 100 Sep' 26 21%' 2$, /* ' 21,400'' Commercial "SolVerits.. iNopair , - ,19% Oct,30 / 372" 33/4 206,300 - Commonwealth & Southern—No par V ,23/4 Jan 2" 12272 12334 -* 6,5.00 "" $6 preferred series—: -No par 111 Sep" 10 3178" 323/8 7 " 20,100 - Commonwealth Edison Co_———25 2974 Sep 4 ; 15 1578/: 3,5,00 Conde Nast Pub Inc new Nopar 13 Sep 20 "*26%'''27%'; 3,400 '' dongoleum-Ndhm1 "Inc./^.-—Nopar ■ '2474 Oct 30 3572 3572 * 600 Consolidated Cigar rNopar 33 Oct 9 S 74 6% • 6,300 Cohsol Coppermines Corp 1 5 57s Oct 10 " 27%" 28% 7 '. 24,i00:f Consol Edison, of N Y No pat ; 243/4 Oct 9 iQ6%> 106%* " 800 • $5 , preferred-w—— jftopat 105% Sep7; 4 :; -213/4 22 3,8.00V donsolidated* Grocers Corp^.i_T.337a " * 1774 Sep 10 ! *15 ,y 15% 1,800 Conscl Laupdries', Corp — —.5 • 143/4 Oct;30y 457® 4$ > 5,100 Consolidated Naturai Gas—^.15 : 42% Jatt T8 1874 197a ' 16,600 Consolidated Vultee Aircraft—„_1 Xl77s Oct 30 22, 22%. " 5,700 Consol RR of Cuba 6% pfd—100 1672 Gep 24 "'19 19% 3,00tf Cohsol Retail Stored Inc —1.—1 18% Sep 24*113%.114 270 Consumers Pow $4.50 pfd Nopar 11174 Sep 25 417a 43 5,900 Container Corp of America —20 357a Sep 9 -9%; • •4674 35 49 - *52 7a 13 *104:7 1057a 199 5://4% v - 67%; 191 8% 7 4% V 26%: 1057a I 5474 ■• • 277* *1047a 105% "67% 557a 54 55. ' 27% Jan • *48 . * .' 423%-. *107 p-/ • ,f ' 15 Oct 153/4 j,,iy 10 24 2i3/4Sep ,111 07a Mar 17% Jan v 10 Oct Jan 147a July 11/ 1Q 10 ■ 7 4(6 non-cum 2nd preferred—.100 COlumbia Br'd Sys. Ind cl A—..2.5Q 230 ,17% 18% *10374 104% " ' 4,200 ' 31.V7': 24 ' 85 4 '827/r ■■llO^nW) 103% 15% ^ is 49 .*133/4 14% : 'r 87* 15 • 48% *9' 467/a- *48 15% - 48 *52% 13-' * 2d7L - , 383/4 109 *105% 467a 10% 33 %' 16% ' l6 • 3774 363/4 109' 8% - • 3574 16% 16 413/4 " 18% •16374 105% 17 ' 7: 9 9 x417flr '*101%' 105% 367a Oct 15 66% Jun . 1974 ' *113% 114 39% 35% 157a " •19" 19% 113 41 *105%' 109 > 4574 18% 17% 9% 3.6 *14% 15 40 37: ; 45%' 18 v 1974 113 *104 %< 100% 109 1 "9% 109 074v 21%/ : 107 2174 " 21 % 217a 17 7 105% 3674 373/8109 *1057/a 20% -183/4 1147a . *106 % X177* 193/4 1974 19% "19 % 19% 114% , 27% 27% 107 447a . ' *113 6 6 14% 7467 7-- 18% . 26% 7 157a 7' •19% 57a 27% 101 21 1574 47 46% •" Dec 33 . -32% ' 24'/* , 35 6 106% 217a : p 15 15% 47 '. 620 .107® . 42 78- 40% r :207a !''* 333/4' 26 ' 5% 106% 21 21%- *21% *15 /7 1907, ' " 29% 2974 9%" 233% / , 109,7a 110 12274 307a 14% : 14% 25 7*34 27 267a , 106% *1067a *1047/a / 16 36 ,.a417« >4274- 110 20 Dec 16% 2174 Mar 31 10 Colo'Fuel (kiron-Co^y^—lNd par 1074 Oct 10 ■■ 5(6" cum coriV" preferred— .20 .' ' 15% Oct 30 Colorado & Southern—. ——100 •: - 14 Sep 19 - * '" 107a ' - ' wMim ■ ' 36% "37%7 110 317a 26% 253/4 34% 784%;: 7 6 18% 29,400 5,300 - ••'" " 15 1 27 35% / 9% "367* 974. " *34% 29"::/: . 97* '8%' 34% 1227a 30% ; 317/a ' 29Va •35 VS r Nov 50% 10 — 16(72 7 297*" 34%2T ' • l°?%: 2|3/8 19% •:,3% 123 31% im M 31% * 110 .7 .37 109% ; 30 ' s7-;39%; 85% 38 297a' 297a .*28 9 7 "9% 3*3 7a* 357a 23 22 . - T ' 12% 1674 7*14 - 9% 35% 23% 40 Jan 25 % May 20 . •« 177® '" ' 9% 35 % : " U% 14 13 7 12 W'5 12 Vi * , Jun Nov Oct/ll; 14 ' STOCKS '' ' *30% , ' . 20 7* ll~2~ Coca-Cola do (The)'——N61paf 130 OctJ 9 .' Class-- A_ No pat JAn! 23 / Coca-Cola InternationaLCorp. No par ' i' 4,100' . Colgate-Palniolive-Peet -No par z 42 7i Feb 26 50? 4 -.03.59 pref<bredk_u4——--.4Nd par \ 1Q2 Sep' 12 ; 1,000 ' dollins & Aikmdn*.—^4—4Nd j)ar- / ' 37 Oct 30 ' 4972 41 - 16'% 14 V 16 Feb Apr Oct 15 6% Apr ;1 > 7:36 SejiMl':/ « 53 1,5% Octi 30 7 141 NEW YORK STOCK 60' ' 13% *13 7a Nov 115 V4 1083/4 1,200 " * ;'*103: ?. 1047a 107a * • 13% Jan Mar 1 Jart 2574 Oct Oct 30 15 ^ 8,50' ... -'mr- mm ' Ju ; '"473/4 ' *103 ' ' 147; 64*% 145 *900 15% 11/. 103/4' 15; .15% .14% 14% 10% 16%, - ,14% *15 ,. ,14% *14% 31 * 11, .16% Dec Nov " ' ■ Dec 113/4 , Shares * *63.%"i 64% .46 %' 46 1047a 37 i8 7,48 1 . te-'Sales for « Mhe Week T : ' t per short' ' x 136 64% *900' . 44% . ;' $ per share *63 7a *900 V X,.FrIdai :'- Oct. 81 7134% ••900 257a July 43 Oct .28 19 34% Sep 24 Nopar 10* .-No pat Cinn Gas & Elec common ■. TliuVsday $ per share 135 1367a' 637a W , • 104% - <7 , PRICES Wednesday OtJfcSO $ per share 64 " SALE *- Tuesday ..}/p Oct. 29 •y shaft per *900 48% 48% Oct. 28 *38% *103 •.'"" "Monday Saturday 3iya " , /V- ; 3 24 Chickasha Cotton Oil. IChilds CO— Chile* Copper. CO——..44—20> -Chrysler Corp. 1 .5* _4-. : Sep Apr Jan 25 „ 7*57 *£ 62" 32 :/ 43 * - 163 ' 24^ v 21,600 > 21% 9 16 « 62% 21% 31 .7 ' Dec Jan 33 16 May 5174 Jan - *107% 2074 21% 32% . 61% COVa 60 107% *101 207a 33% k\*163 102 7627 *57 v 60% 107 108% 107 7a *101 "2i% 33% r *111% 113 *69% ♦ 17% 41 Vi 113 *111% 60 94 ••••" ,*111% 7 *90 277/8 Dec 25 74 . loo-*: '105 *111%, 113, ' "*90 *95 - 42% Feb 4 14% Jan ^^„„1 17 Cin<iihnatl Milling Machine Co.. 10 387a July $ 22% Oct 9 ! 3974 .''41% 5874 Apr -9 10,500 ' : C I T Financial Corp. ^Nopat '367s Oct 30 '• 44 Va May 23 29%' 30% # " 4,500' ; City :Ice & Fuel__4— No pat 27% Sep 10 22 May 10 103/4 11' ! 2,300 City Investing Co.: —5. 972 Oct 9 > 94 94 80: 1087a Mar 5 5%% preferred-L—— 4—100 92 Oct 11 3874 May 11 187*-; 19: 7,600 City Stores—17 Oct 30 • *49 " 50; ■"" 7d0 Clark .Equipment— :Nopar 44% Sep' 10 / 71% Jan' 18 205 Feb 27 *1607-190 : C C C & St Louis'; Ry Co——100 1787a Sep* 12 108 Jan 8 *90 7105, * .4. V • 6/o preferred ... 100 105 Jan 2 113 " 113 .40 '.. Clev El Ilium $4.50 pfd 4 Nti paf 109 Sep 18 ' 1137a Jan 10 77 62 * May 20 65r , * 1,800 -Clev Graph Bfonze CO (The)Z-_—_l : 52 Sep lO *107%.' 108 7aJ 100 : ■ 5 % preferred^.— ^^——100: ' 106 Jun5 25 >■: 108% Mar 5' 106 Apr 18 *101% 102 .1. Clev & Pitts RR Co 7% gtd„ 50 9'97e Jan' 3 '/ 62 '*57 ~ 62" "'" .4. ' 4 Special gtd 4% stobk July 9 i.—-.50' - ~ 56y4 Feb 19 44%Feb: ,:4.21% 22% 18,000 Climax Molybdenum...—No par 2074 Oct 30 323/4 323/4 36'/a May 21 2,200 Clinton Industries Inc 1 243/4 Sep 23 60% Jun 43% ■ 44%*, / :> 4 2,400 t: Cluott Peabody-& Co.4.——No pat 4 41 * Sep" 4 7 *155 163 20. Preferred L 4 ^..100 1527a Jan 2 165 May 31 1Q%' 100 105 Jan 237a Jan 24 Notfar Chicago Yellow Cab , 3*400 < -4^ 38,300 - "llO'/s 247a"' . ; •95 62 *107 137/a Jan 116 Jan 1023/e July 3i 24 12 72 Oct 313/4 Sep - 5% .preferred w 1— —1001 Chicago Pneumat Tool—.;—N&itatV $3 conv preferred::—u—.PjNopa^ Pr pf ($2.50) cum diV—-JVo par 600 8% 2772: 27% 180 105 102 837/® 110 % *160 *160 *57 78% 27% 180 180 *101 r 477* -47% • *160 59% *107% 108% 1 18 47 Va 185 59% I 7 467a 17, r, -40/ 82%" 84% 30 *165 *111% 113 : *107 " 263^ Sep 11 ^ , PJL 400 *3Y , 237a 22% 185 *95 f 78% 277a 110'/a 367a1 7-' 29 :>■: 107a' 7 10% *92 / 94 :7V 17 / 18% , Id1/* 874* . 363/4 *92 183/a . 263/a ,30%. 10 %' 94 *46% -15% " .1674- ■ 8% 30 103/4 *92 *92/i/ 94 7 10% , 12,200 " •163/8 1574 36% 7 37% 303/4 103/4 109% . 14,600 "*58%r" 59 " 42 ' *107 233/4 23% ■387: 30 79 7 1107a , 16 *37 27% 27% *107 % 25 7 157a 7 8 : 8% 42 ■7 77 111% 37% / „ 17 ; *37 277a 157* 716% 77 8% 8% 793/4 11 *165 *16 163/4 42 24% 25 r 38% . 5078 *44 59 78 4,900 39,900 4,200 ." 50% *107 ' 8,900 *44 **2.7% P - ; . 50% 87a 29 8 ' *44 <»37 1 *' 18% *15% 5,900 20% " 41 18 117« 20 Jan 9 45%' 39% 19 7 24 Jun Apr 441/a 41% 18% 47* 32 20 39% 22 29 12 2074 19% 20 Ve 1774 Apr 9 10 19 413/4 15 10 10 12 Va Oct 18% 18% Jan Oct Sep Chesapeake Corp, of Va—_—5 ::.:';*.173i Ma'if Chesapeake & Ohio Ry„—i„_25483/4 Oct Chic & East 111 "RR Coi No par 4% Oct Class A —40' > 9% Oct Chicago Corp (The) r„_,1 7% Oct Chicago Great West ER Co—_—50: 5% Oct " v5% preferred^—. 50' 11'74 Oct Chic Ind & Louis Ry Co cl A—25 7 Sep Class B—r • Nd par 33/4 Oct Chic Milw St PI P vtc No par •1 11% Sep ' Series A preferred—' 100 :303/e Oct Chicago & Northwest'n. w k_No par ' ,153/a Sep . 167a 1872 18% 17 37% 173/4 July 10 23 . Jan 35% 18% 10 114 3,900 t 10 6 Sep Sep 30 147s. '15% 41 w " 974 P 53/a 4% 14% 30 13 18 7' 3 Oct 337/a 33 3 38y8Jun Sep 127a 127a 35 1617a Jan 3 22 4,600 21,600 3,000 ' 153/4 87/a' 159 29 loo 15,100 13,100 8% - Jun 127 Oct -8%Sep 10 $4.50 32 137a 33 ; 123/4. 7 8 8 14% 14 Nov preferred—__„__„_Aro par Checker Cab MTg—1.25 200 [ 7% 71 110 Jan : $ per share 104% May Champion Pap & Fib Co new No par 3,000 13% 41% Jan 5,400 ; 15% 13 S per share 817a May 27 977a Oct .100 .iP $ per share Highest 23% Sep U> 109% Jan 14 , 30 lo-»7a Sep 19" ^ ser_100 Products-,.. Certain-teed Chain Belt • Lowest 40 24Va 51%—: 523/a 7 ' 73/8 : :P' : 3.40% Central Violeta Sugar Co 8O0 1 112 14% 14% 7% * 24,600 .p ;- Oct 19 * Year 1945 Highest $ per share :. V;5« Sep 9 par Century. Ribbon Mnis-i.-, No par Cerro de Pasco CopperNo par ,: . 22% " 2274 14 11% 7% 26 112 50 3/4 700 3,800 /',> 18% 24 23% 7 112 *110 133/4 18 2174 7 6% 7 12%* .'.77a 83/4 ' 23 22% 112 11% : ',14'; 127a 25 V2 6 • 73/4 7 73/4 , 13% 13% 7: 77/a 8% .7% 2572 17 21% 51% *6% I7v 7% 34% *24 22 14% 21% 12 1374: 337/s 177a 50 14 Ve >29% , ; .1374 247a 13% 14% 2i% 14% 33 13% Par - of Amer new-No par ICent .RR of New Jersey.!. , Range for Previous Lowest; Tractor_i.^p_/-JVo Cent NY Pr Corp pfd .1,800. fy. 33 '/f-;33 P/P*;-p 600/ 34% 18 7* •109 112 *109 , : Ran^e Since January 1 $4.75 1st preferred—/—par 7% 2nd preferred ._^__100 2UO 33 Va 15 % 24 * -> IT7a 97a . '•. -. 138 Celotex Corppar ; 5% preferred ——20 20 Central Aguirre Assoc r^*-No par ' 20 9,900 Central Foundry Co__p_ ___1 Z 87b 3,800 : Central Hudson G.& El ,Corp_No par' : ,9 110 Central 111 Lt 47a% preferred_.100 H03/8 98 *12% 24 16% • *10', ■' /. 10,300 70p ' 6,400 " 113% *97 9%: *20 72 ' 10 98 33 32% % 22. P: 1137a 113 8% ;20% , / v ,1 Caterpillar Celanese Corp 110 •) ' P 9%•:•}• 107a 10 113 *97 32. 12%: 712% p ; 2774 / 21% . 9% 97/8 93/4 98v 8% 8% 22 9% 113 98 ; 7;. 24 112 *20% 7 22% 33% • ■ 24% *109 i 112 15 24 . 233/4 23% *109 13 "■•"' 177a 1674 24 ■ *20Va 87a t 143% Mf 20%J^207/8 113 33% 13% 34 P\ *141 21% 32% 32 32 13 33% 33% ••'•13.% 33% 106 1 •-:.. EXCHANGE / t 4,800 23,200 400, r 2174 26*78 87a ' 8% 141 106 - . Shares . 62 ; 26% ^ 9% 93/4 98,; / j MS 138 < 203/4 25% : 113 113 *97% 61 257/a 227a 874 *113 , <■10576 ... $ per share 21% 21 99 61 24% 257a *97% share eo\ . I 19%V 20%: *20% 257/a 9 10 115 105% 60 •> , 22% 9% 9% 105% iter 7 $ pet share ; 59 Nov. 1 .. 7:7l9:';;/ 20 *105 7a 106 7: 138 136 25 •' ' 20% *113 203/s 20% 26 *20% 22% 62 197a 138 140 20 143 25% share 617e 63 20% 106 - 623/4 63% 20% 105% $ per. $ per share jshare 63% Oct. 80 NEW YORK STOCK/'--;;/ Sales for the Week Friday Thursday Oct. 31 Wednesday ; .v:7 Oct. SO-:',,.."' -. PRICES SALE III(* H Tuesday . Oct. 28 Oct. 26 *13 2293 . />r • r •• / 25% Jan 09 y® Aug 24 Jan Deo Deo 84% Deo 28% Mar 41 Jun 37 59% Dec Jan 49% NOV 20% Jan 10674 Dev 106 Oct : 53 30% Deo Deo 112 Nov 124 Nov THE COMMERCIAL & FINANCIAL CHRONICLE Monday,' November 4, >,v- NEW YORK STOCK RECORD LOW Monday Tuesday Oct. 28 Saturday $ per share * Wednesday / Oct. 29 Oct. 26 36 % 34 r 36% *99V2 101 *24 '/2 26 *165 40 Va *165 •16% 17 *44 * 95 : 52 11% 71 125 57/a *20 % 21% i%*WA 19 % 18% - ; ■ 18% i 18% 41% 41% 41% 42 38% 37'A 38'A 3 6'A *35 30%>... 24% , *60% 23% 16 36 36% 36 36% 47 47 : ■ ■ 7- 7 18% 17% 177/8, V-105%" 7 *18% 7 54 *53 25 36% 36% 37 44% 44% 441/4 45 18% 17% 18 7.;7. 38% 19 19% 19% 17 16% 18 17% 18% 18% 18% *104% 105% *104% 105% 32% 33% 52% 53 30 52% 29 29% *29% 30% 26% 25% 31% 52 29 %7 29% 26% ' 31 31 52 53 52 25 25% 26'A 27% : *52 : 52% 18% 19 18 18% 17% I8V4 17% 18% 78 78 V4 77 78% 76% 78 74 78% 76 7 160 95 92% 92% , 16% 16% 170'A 167 126% >125% 171 126 127%., 114 116 *114 777 .■ 15% :7:',1577', 7 Inc No par 145 10 45 ; July 18 • 118 Oct 125 Bep 25% Apr May 20 Oct 37% Deo 16 16 31 31% 167% Deo 100 17% 17 Jun 33% 100 95 Oct 115 113 3,100 Deo 167% 30% Deo 700 34% 10,500 192% 31% 174% 177% ,126% 126% 600 129 Feb *113% 115% 7.'// 20 117 Mar 16% 163/4 2,500 126 *126% 115% 16% *113% 115% 17 17% 15% 2,600 11,100 31 126 -16% Deo 172 167% *113% 100% .... 19% *93 95 Oct 29% NOV "" $500 166 18% 29% 19,600 117 1267, 16 15% 160 *114 19% 161 114 79% 115 *92% -15% 30% 31% 18 : 78% 169% '114 116 . 29 Oct Oct Nov ■ 30% 6,900 17% 7 160 17% 95 15 15% 31% 33% *126 15% 15 16% 169% 170'A Oct 26 9 Jan 700 29% 28 .27% 115 17% *92% ' 159% 117 17 vf 95 *92% ,77: 16% .-if 33% - 33% *33% 717;', 17 r 156% 158% 7 •*1131/4 *1131/4 115 - 17% 158 % 158'/a 160% 77 7 117 17% .7.:./v 16% *92% 128 5% Aug 18% 600 47 29% 78 *113 2 1,800 390 32 17%: 7 > 4 100 32'A 7-- 77 105% *104% 105,, : 32% 105-V • *45 17% 160'/s 12V8 Feb 34% Feb - 45,500 , 26 117 30 Oct Oct 75% , 1,900 16% ' 30 17% Jan 2,600 3 61/2 431/2 26%. 113 59 % Dec 24% 154 15% 30% 160 76% Apr 29 Mar ,25.% 26'A 26% • Apr 9 7% 30% :7 122% 23% 18% 31% 52% , 37% 5 *60% 431/2 - 105% *105 31% ;, 36% 24 31% 19 16% 31% 7/7 Jan No* • 56 /. 33% , 17% >*44% . , . 26 146% Feb 11 7 10 28 7/ Jan 102 36 *60% ;06 -i-'" 15% 15% 26 , Sep 5% Oct 100 24% July 8 82% May 16 Sep 51% Nov 99% Deo 16% 23% 15% 37 pfd Jan t 25 17% Oct 1 25% Mar 25 740% . 7'% 66 Cutler-Hammer 3,200 ' l 11 19 Oct 60 — Jan Jun x. 32 " 30% 23% 2a% 30% 10% Sep Deo *156 145% 19 103 Deo >29 8 106 • Nov Mar 66 30 Sep 16 'Jan 10 45 10 111 42 1G5 18 16% Oct Aug 28% Jan 52% Nov / Jan* 26 *111% 39% . 7% 25% 18% 31% 39 , - 29% Oct Oct Jan 87% v8 $ per share 17% 31%' 31 *111% 113 7 16% 16% 34% 16% 37 A 35 35% 9 46% Jan 9 V 95 - No par Cushman's Sons Inc 7% 54% Feb 16 115% July 20 Highest v - $ per share 19% 6% 26% *44 Class 10 Oct 17% Oct 10 160 Jan ' 5 No par Curtiss-Wright 7,000 . Sep 22 „_No par preferred $ per share 18 29'A 25%' 16% 27 7 (The) — % Lowest 97% 17% 34% , 66 19% 96% 18% i 31 29% -15%' 16% Prior 19,800 133 Co $7 preferred 600 . 19 18% Curtis Pub 90 6 *128 Press Inc new 5 Cunningham Drug Stores Inc__2.50 26,600 70 V1 5% 99 .100 Cuneo 200 48 : 10 _ $ per share 33% Oct 30 S £Udahy Packing Co.——————30 p-i 4% % preferred .——100 200 1,500 115 *68 30 96% 36 *60% 26% V 12%- 12% 57/a 29 35 66 *60% ~ *110 • :18% 17% ,40'A 37% 36% '4:i?35VP 36% 30% 24'A 24 >> / 100 V ... — 4,500 18% „ 100 — preferred Cuban-American Sugar 7% preferred 6,900 ,98 ' 48 ., 133 *128 29 ^ 17% -.16% , 7 6% 24% '105 :7 30 7. . 7Va> 18 : Cuba RR 6% 41% 17% 70 5% > 18 112. *68% 5% 5% M19%- 32% 37 7 & 28 113 40 38% 30% 69 18% 31% 18% *35 % *95- 12% 11% 108 7 135 18% 113 113 16% 47 *123 98 18'A : 32 31 Va *111% ; ;•. ,20 18'A 18% 718 A • 32 16% 47 11% P 17% -30% *96% . 18'A 5% 20 18% 113 - 105 687/a 18% 30 21% *18% . 97 16% 390 ' v —No par ' *29% i8% 97 500 175 40% - . 21% *165 40 49 : 10% 128 128 30% 29 % •131% 175 XT' 105 69% 5% 125 *43 108 18 • 29'/2 *111% 21 39: ■ 27% 21 97 16% 11%: 11% 18% *121% *165 38% 37 ' *95 17% 69% 5% P 175 •'* - 50 105 > 18% 20% 20'/4 *165 40% 97 > *44 71 18% 19 / •> 101 *25%, ' ' 108 —'5%< -.'5% *121% y / 16% 11%>- *103 71 % 18% 50 11% 11% *70 % 38 101 26,.' 6,000 Year 1945 • Par ?; Crucible Steel of Amer_, 5% preferred 36% 36 '''„26 175 >i *95 ",'VV 167/a 167a *44 105 103 97 % 36 34% \ * • , Range for Previous Range Since January 1 v Lowest s Highest . EXCHANGE' Shares $ per share 101 101 24% 20% *165 39 38 •' 99'% 24% 20 ' 97 99'/a 25% 25 21% 5 ■175' /> 20% 40% *94% 1007/8 -*99% 27 26 175 •34% 35% 100% *99% 21 Va 21 % 33% 33% v, NEW YORK STOCK . the Week Nov, 1 $ per share ".V". : Sales for Friday Oct. 31 ; $ per share * 36% : Thursday Oct. 39 per share p $ $ per share STOCKS SALE PRICES HIGH AND 127/ , 31% J". , Deo Oct • LOW AND •7 Oct. 26 Oct. 28 | $ per $ per share , share 'f $ per share i $ per share pet share •NEW the Week Nov. 1 Oct. 31 Oet. 30. Sales for Friday $ per share ;>,> STOCKS . Thursday Wednesday Oct. 29 r a SALE PRICES HIGH Tuesday Monday Saturday YORK -: ■■ . STOCK 'f :7: 7 Range for Previous ■^ Range Since January 1 EXCHANGE Lowest Shares _' > ••/,.' $ $ per share Par Year 1945 ] Highest Lowest Highest ^ I per share per share $ per share E 4 223/4 40 ■: ■ 28 20% 393/4 39 40 37% 39 200% 204 208 *191 196 1967 45% - *6% 63A ■ 56 14% 43 43% 44 45% x453A 26 26% 26 26V2 26 :■/„ . 6% 112 ♦110 143/4 143/4 14% 39% 39 39 : 6% 51% 53 52 14% 7 13% 14%. 14% 37% 38 38 67/8 39 37% 7 33A 3% 14% 3% 3% 15Va ,7 39 / , 33A 33A 2,600 1,800 ■• Edison Bros Stroes Inc com 50 r . ; 112 4% % 4%% preferred .—100 60 Elastic Stop Nut Co Electric Auto-Lite (The) 15% 5,400 Electric Boat 387a. 147 146 138 138 146/2 145'A 146 1371/2 136% 138% 7 148 1333/4 135 135 146 . *33A . 387a , 157s p'r Conv 800 3% * 37,300 2,800 preferred 147 149% 139'A 138% 139 %> 146% 139 41 41 41 403A 403A 40% 41% 42% 423% 42% 42% 48%: 47 47 3A 45% 451/2 443/4 45 45'A 467a 47 47% 3,500 12% 12% 123A 127/e 12% 123/4 *19% 203% 193/8 18 20% 18% >71 71% 41 ■* : . 19 19 . 723% *71 • ♦105 *105 *19 105 *105 7; 1061/2 105 105 *109 110 109 ' 3 4 10%' ••117:7. / *50 7 52 0P- 23/4 10% *12 7; *18V2 110 74 74 123A , 13% 19% 20% *71 1043A :■ 110 * : 11% :':7l87;777 17% 1053/4 93 26% 343A 38. 1 3% 3% 107a 11'A 25 109 : ••12,,- ' ,51% / a '■ 52 *92 95 * 11% 7 *8 8% *7% 17 ♦7% 50 8 8 383/4 8% 50 49. 38% 95 18 3% 40 / . , 19 27% 39% 18% 27 123/6 40 8% 7% 7% 50% 50% 52% 8 1 preferred $5% preferred 2,800 400 52 PP 24% 8% :'•• 9.-7:^7 '77. 8% 253/4 25 ■ 22% *103% 104 Va *1031/2 104 Va'/; 39 7 *37 ' 41 ■ *11 '/a 7... 217/a 21% ;7 51% 7 '717 105 Va ' 21% 60'A 49 61 105% 106 55% 55% 18 3A . 61% 105 7/a 18% 28 y8 . 21% 50% 50% 61% 1057/a •v.. 23% *104% ' 28% 107 107 •71 54 ~ 233/4 ■ ' 83/4 > 22 53% 87/a 22 22% ..7v 7 21 18 18% 17% 18 263A 27s/a 25% 18 27% 109 ♦107% *1071/4 > 109 / 12 2,500 * 10,700 > 22 777/ 10 50 51% 7 58% 5S% .;'"7;. .., 7 *106 1063A 53 , 55 183/4 28% 29% 109 *108 7 110 . 171 22 36% - 17 35% 35% ••<:>; 22% 16% *34 17 ,7A' : 36 163/4 22 7>- *21 : *21 22 36% *33% : 17 163% 22 12 '34 ■ 36% ^ ,7 16% 123/4 ,7 16% 233/4 16% 22 / First'National 3,800 Firth 13,800 60 14 14 14% *78 ,7 79% 2IV2 78 1 21% 7 • 133/4 133/4: 14% 78 14% 7:. 76% :> 141/8 78 v :; V.-7 75 21 -7 7; 19% *26 21% 19% 26% *26% 25% 47 27 , 20% 47 17% 17% 17 31 26% 26% 25 *26V2 31% 30% " 47 • . V< *17% 31% -*101% 47'A 18 '7 ■ 31% 102 For •• 7 102 footnotes 7 133/4 14% *13 see page . 24 47 102 2301. *26% 25 47 7 102 26%" 24% • ' •.'' 15 14% 31,% 102 .. 17% 200 5,100 21%','7 24: 293/4 102 233/4 23%; 7 :, 14 14% 2,900 Follansbee Steel 153/4 16 7,900 Food Stores 78% 79 80 2,200 Food 7,400 , . , 22% 223/4 26% *26'/a 24% 24% *25 233/a 26% * 26 .7'" *48% 50 *16 17% 32 33%, 100 102 : 77 50 V 600 100 1,000 . 51 '7,.:. ,,:',;7v 1,600 " is 32% . *17% 33 9,200 *jpo% 101 200 200 Florsheim Shoe Fair Sep 24 Oct 10 Sep 4 Sep 17 88 36% 19% 26% 112% ; Feb 5 Jan 9 Jan 1Q Feb 13 9 54% Feb 29% Jan "62 Mar 27% Deo 7"v81:7;: Deo Deo 107% 103 Sep 16 Jan -7 37 Deo Jan 106 July 100% 100% Sep 101 108 May 12% Jan Jun 20% Jan 68% 86 July : July 4% Nov 109 Sep 1 Jhn 86 Deo 92 Nov 11% Jan ; 20% Deo 15% > 4 Jan 28% Deo 42% Jan 6~*% Nov Jan 9% Deo 6 5 Not 42% Jan . 69 25% ; 86% Nov Jan 7.12% Mar v. 20% Deo Dec ' 17 ,h Jan 26% 104 Mar 110% Oct 42 y« Deo 25% 7 43% Jun 49 Jan '32% Nov 23% Jan ; 9% Oct 105% Oct 53 Oct 17% Oct 25% Oct , : 105 " • 10 26 31 30 30 Sep 23 33% Oct 11 J6% Sep 11 20% Oct 10 11% Jan 2 10 10 io 12% Oct Sep 19% Oct ,_25 25% Sep 11 10 Inc.—. Nopar Corp 10 Nopar 10 Froedert Grain & Malting Co Inc_l Fruehauf Trailer Co common 1 : 70 100 71 ' 29 20% Sep 20 45% Sep 16% Sep 3 16 29% Oct 30 99 23 Sep 103 Deo 18 Jan 107% Jan Apr 34% Not. 21% July •• 47 60 '63% Deo Jan •: , Feb 7 83% Apr Oct 29 56 7% Corp preferred 48% Oot 20% Mar May 21 Oct Nopar Corp prior preferred Francisco Sugar Co Freeport Sulphur Co cum Oct 30 Feb 26 Nopar L—Nopar 6% 4% 65% Nov 21% Aug 33% Apr 16 10:7.,■ 35 class A new-Nopar Machinery 22% Jan 14 26 Nopar Foster-Wheeler 21% *26% 17% 102 com Co—J, 14% -<• . Nopar Corp 233A 7 7,1. 48 32 Stove Power 153/g .".7 49 21% r 8 20 ,100% —...100 L preferred Florence Florida 77% • ' 26% (The) 13Va • ■ ' 47% *16 17 77 36% $4 Co , 9% Oct 10 48 Oct 10 90 Oct 3Q 10 Oct 10 .10 Carpet Co—. (The) Flintkote Deo f 102% May 28 111 Jan 24 41% Apr. 9 106% Jan 15 110 Mar 8 111% Mar 6 ^ 5% Jan 30 23% Jan 28 93 Jan 17! V 95 Jan 29 Oct 10 Sep 3 Oct 9 _25 ..a.— Stores 15 ' 14% preferred 146 34% Mar 15% Oct ' >7; 163/4 4%% Deo Jan 43% Aug 2 10% Oct 10 V 21% Jun 5 22% Oct 30 34% Aug 13 .100 7 104 Sep 24 108 Feb 7 1 19% Sep 24 34% Mar 29 Rubber & Deo 158 103 com__* Fidel Phen Fire Ins N Y. Tire 19% Jan No par Dept Stores new preferred Enamel Corp conv Firestone "~7%Eeo 3% Jan 21% Oct 17 2 Co Federal Motor Truck 4%% 24% Deo . Federal-Mogul Corp Federated Jan 109 43% Mar 29 5 Federal Min & Smelt Deo Deo ■>1. ;'■■■: ; 3,300 . 36% 7,7 " F 13 71 4% Aug 7% Jan 24 30% Feb Deo 112 Jan 14 25 Oct 30 58% Apr 26 s 34% Oct 30. 7 63% Jan 15 : 7 Oct 10 11% Jun 3 . X Sep 42% 1 Corp.—*.—.2.50 V-v- 106 Aug 8% May 5 — Ferro ' *35V4 —5 3 1,600 '7* ■ - —50 6,400 500 ' 7 7/7; 19 283/a ' Nopar —.—100 Fairbanks Morse & Co—JVopar Fajardo Sug Co of Pr Rico 20 Farnsworth Televis'n & Rad Corp.l Federal Light & Traction 15 $6 preferred Nopar 2,000 18% 109 109 *107% 2,400 25% 106 54% 7/;7,; 183A 100 , 'pB "7? 107 '■ 53 . 11% 21% 26% 54 28% 59 40 40% 7 24% 49% X58% *106 1,600 . 38 *104% - 22 .. ■ •40 24% 9,300 104% *36% 106 49% 49% 183A .7 ■7 59Va 107 A 27»/2 . 11% 3,800 . 223/s 104% 7 ' 93/8 *22 : 40% 113/4 24 *104% 21% >53% 39 38% 23% *49 57% *36 106 21:. 107 /:7 7 *106 53% 7- 223/a 1,900 ' 253/8 9 103% 11% 103/4 21% 22% 39 *104% - 25 8% 103% 37 54% 53% 25 8% 22 38% 237/e 25 W 104% 37 ;• 39% 11% 106 247/a 8J/a 104% 104% 60% *1053/4 54 -'77 243/4 50 60 7 7 39 39% 77711-7:; 24% 106 21% P 51% 23% ♦104% 7 *37 11% 711% 12 ". 25 25 105 V2 *103% 40% 40 22v ,7 39- *37 7 41.P-.1 24%. ;8% ' , 8% ■P' 22 Va 22% 22'A ,25 'A 21 104 29% May 28 180% May 2 167 July 10 56% Jun 18 61% Jun 25 Oct >30, 100% Sep 12 102 Sep 20 105 May, 1 2% Jun 28 —^-.^-No par No par Nopar Buffet ' , 77 51-7-' 53 *52 1 Bldg common^ ^Exchange 104 No par Pitts RR Co . > com 63 ...100 pref series & 12 Jan Jan '/li-. 48% Jan 24 Oct 19 Sep 24 Sep 20 Oct; 8 Sep 20 18% Oct 31 17% Oct 24 5 ___10 50 — Eversharp Inc Ex-Cell-O Corp— 4,200 8 RR . —4' Phonograph Eureka Williams Corp— Evans Products Co 15,600 ; & $5 Erie 7-3,300 . Radio $6 preferred tEquitable Office : 120 . 26% 17% 257a 39 ■ - Erie 28,300 ; UP 5% 1,200 . 3 — - 140 113A, .12% 52% 52% ; ' >' Gas 4% preferred Engineers Public Service 650 ' , 5,900 12 ; 130 , 3% *90% 12% 700 7 17,200 108%; 108% i : v, 50 10% 161/4 7 104% 109 50 i73/4 103 2% Natural Paso Emerson 20 ' - 103 27/a 90 263/4 X'-wm 28% 39 Va / 26% 25%. El , 10 13% 138 128 40 44% Nopar Nopar Battery Storage 0 3% Oct Emerson Electric Mfg Co^ : 104% 105 105 10% 11L. 11% :ii%;; .7 103 7 110 27/a 50% *1021/2 105 105 25 Electric 34% Oct No par Empire District Elec Co Endicott: Johnson Corp 7178 . No par . Jan July 49 V 80% Feb 5 35% Apr. 5 10 13% Oct 10 shares preferred $0 50% Oct Light——No por 1,700 19% 20 W 4— . & 6,000 2,500 13% *^13% ' 106% 233/4 103 103 27a *105 233A 22% 110 50. 7 '71 ♦105 77 106% 104% 10% ' 12 27% ; 19% *93 39% 28 393A 19% 19% 24% 23/4 51% 18 19% 27% 39%' V 183A 18'/a 70 ' " 106 105 ; 98 12 12% , 10% 51 98 7193/4 18% . 106% 23% 1033/4 72% *93 *93 70% *105 : 24ya "*104i/a 105 v. 18% 70% - 109 *2% - 23%. 12% 19 ' 106% 106'/a 24% 105 24% ' 12 19% 18% Power $7 preferred 2,800 1,500 48% Electric 5 „3 Elec & Mus Ind Am 8,600 167/a ———1. — 170 185 Oct 9 71 Oct 10,. 40% May 22 101 Oct'24 112 Aug 2. 17% Oct 9 23% Sep 16 107 Sep 18 114 Feb 25 6% Oct 30 16% Jan 28 39 5 9,900 1,700 . 209 25 100 7% .263 191 1" Jan li% Jun 10: Apr 24 Aug 28 Feb 2 __4 - preferred 53% : 200% Oct 10 Jan 8 ? 100 Ekco Products Co 3,300 153/a 16% 146 147 ■ No par preferred Eaton Manufacturing Co 13 31% May 16 7 30%■'Jan.,-::2^61 5 cum 6% v 33A 143/4 147/a Corp 30Ya May 22 19 Sep 3 19"% Oct 30 1 Steel 52'A 53% 15 v'7/ 14% 3 5/8 13% 14 15% 14% 3% 3% 7 .——10 Stainless ' •7 Co Eastman Kodak Co 6% 20% 112 63/4 6% 6% 52 14% *38 553/4 :* Eastern j; 27 20% 20% 533/4 54 48 - Eagle-Picher Eastern Airlines Inc ; 2,600 : ♦lOlVe 104 ; 1013A 20 112 ♦111 111 111 ; 63/4 193/4 18% 193/4 1013A 1013A *101 104 193/4 . 31,400 1,600 . 196 45 *101 20% 112% 112% 7 56 212 212 •191 26% 20 113 *111 *191 ■ r 5,100 I 22% 263A . 104 *101 7 211 7 44% 45 3% 27% 20V* 7 205% 205 26% 104 - *191 29 20% .21% 23% 427a 42% 208 196 208 *191 46 *101 421/2 19% 19%? *205 ,7 39 21 203/4 22 22% 208 *45% 20% 20% 20% 20% 21 20% 19S 2061/2 *190 20% 20 22% 39 '21% 40 / -7 21% 201/2 22% 6 53% Mar 70% Nov 109% Jan 17 70% Maq 29 105% Apr 42% Jan 110% Mar 28% July 46% Jun 115 1 5 Jan 18 57 Apr 18 20% Jun 7 29 Jun 20 21 % Feb 16 23"% May 9 16 49 % Jan 17 100 Apr Feb 9 35% Jan 28 61 Jun 3 27% May 13 48 Jun 18 28 112 July 1 60 Oct mmmm* ' • 23% Jan 38% Deo 107 July 111% NOV Oct 41 Jan 53 16% Deo 18% Deo ~6% Mar 13% Deo 68% Aug 80% Jun 25 Jatl 44% Deo 25 Jan 43% §?<> Apr 27 De6 14 84 Jan 51% Nov 35 Dec 36 Deo y plume 164 ' Number 4539 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK STOCK RECORD • /' " Saturday : , Monday. .Oct.86"/' . —.... < 'i-. 11% ;11% 8 , Oct. 29 . pershgreii. f per. V Oct. ihare *10% y 7% > *19 11, 16 Va 17 . *42%, 44/v-' *90 • :> 15% '•••: 15 .1574 108%//:. *105 i?/ '*51% >5274/': ' J 503/4 *14 147a ' 108 7a 157a *105 .15% 50 117a 117a / *103 <• 50 • .: 190 -147a '/// •714 io :/■•"? •" 7 97a ■ > 147a 1087a :•• 90 78 •38 77 39///'/<; ■ *28% 10 163 *158 - ,.,36% ^36%/ 76 387a 38%.,. 28 3/4 '■lit 433/4 487/a •128 130 123 *120 122 49% 50% 128 24 Va *3% 14% •128 ;y *103 * 27% 28 *134 1174 50. 49 . 25% ; 147a ■/•■/ 28 277a 141 5% 5% 5 35% 26 • 36% 1077a 99 30 105% 297a 105% 6% 327a 69% 101 39 "'A 48,300 .5,300 48 -• 110 % ■ 26 36 317* 577a 104 Gen 38% *102 ' 39%' 104 39% $4.50 672 1187a 1187a ■ -55% 67 Goodrich Co 103% 105, 56% 104 567a 10772 108 10772 24* 15 15 Granite 307* 30% 30% Grant (W T) 1057a 103 7a 17% 105 18 158 158 30 56 *55 59 30 70 103 27% 6874 69% 3,300 34% 35% 34% 36% 18,500 *1027* 27% 27% 27% *8% 103 •1027a 103 30 10,100 8 8% *84 86 11% Grumman 170 * LOW AND HIGH $ per share SALE Tuesday Oct. 28 Oct. 29 $ per share 50 ——HI 6 Mar 31 30 com.—_No par 9 Sep 61 Oct 111 Mar 46 Nov 105% Deo Jan 26 111% Deo Jun 107 42% Apr 18 May 17 2674 Deo 90 Mar 105% Deo 96 Sep 104 34 2574 Jan 52% Jan 8% Jan 774 14774 July 165% 137s Mar • 108 • 73 % May 19 106 Apr 13 56% Jan 4 59 4 >; ; May 10 , 8% Jan 29 151% Jan 8 47% May 14 30 19 88 7a Apr 30 3 53 ; 3 10774 May Nov 18 12% Mar Deo 3 Apr 6 102 Apr 10 48 July 30 43 Feb 57a Oct 10 16 Jan 30 Oct "2% Aug 5% Jan 9 127a Jan 19 47a Jan 73A Nov 4 18% Jan 3374 Deo 12% Oct 9 547a May 10 2774 Feb 8 147s Jan 217/a 25% Sep 337/a Dec Sep 109% NOV ■ .—.—5 29% Sep Prop...No par pfd„No par 40% Jun 4 Sep 23 103 100 3 Feb 8 4 112 167a Feb 19 21 Feb 4072 Oct 10 64 24 Ye Oct No par 105 14% Jan Jun 14 9 158 Oct 31 100 55 Oct 15 65; 287a 188% Apr 17 79 Feb 5 —1 46 34% Jan 28 i_——100 May 20 54% May 28 111 Apr 5 10272 Oct 100 19 / t per share 26 Oct 10 67a Oct 1 9 52% Apr 13% Jan Nov Jan Nov 175 75 Oct Jan 80 Deo Jan x35 Deo 104 7a 108% Mar Jan 287a • Jan $ per share Nov. 1 $ per share NEW the Week 30 Va Jan 28 28 58 Jan 49% Jan 78 May 31 $ per share :///,: A./ Highest $ per share Par Shares Jun 82 : Jun 61% Deo Highest Lowest Lowest Deo Range for Previous v/y Year 1945 V1 Range Since January 1 EXCHANGE Deo 4507a 14% Mar 78% Jan Deo 127a 100 Oct 19 STOCK YORK 55% 574 Mar 82 3174 Oct 9. 567a Sep 10 972 Sep May Jan 22% 25 25 Jan Deo 6574 39% 5274 4 108 Oct 22 84 21% Dec Aug 161% Mar / 64 105 Sep 10 3072 Feb 26 No par STOCKS; Oct. 31 Oct 6374 57a Oct ■ Sales for Friday Thursday Oct, 30 Oct 74% 10574 Mar 1137a Jan Mar 77 307* Mar Oil Corp———^——25 PRICES Wednesday Oct Jan Nov 107 23 conv Gulf Oct May 40 Feb July 257a Dec 39 67 N 105 7* Sep : —No par Corp.— Dec 1007a Sep 20 507* Oct 10 Ry 6% Aircraft Deo 104% Sep 10 Mar 25 1187a Oct Sugar common II preferred— No par Gulf Mobile & Ohio RR—No par $5 preferred———————No par $5 19,900 127a 2,400 Monday 4 14 30 Guantanamo 1,400 ' 11,900 Oct. 26 Feb Jun Jan 4 36% Oct 54 — Deo 133 V4 Mar J 28% 88 Saturday 103 17 60 10 Greyhound Corp (The) AVa% preferred— 130 2872 8% 27% 227a Jan Oct Green, Bay & West RR Green' (H L) Co Inc— oct Deo 34 . Jan 19 V 89 : July 10 111 19 Oct 15 96 Jun 118 26 Oct 30 100 Preferred . Oct 34 —No par Ore Jan 21 38% Deo 2 Great Western Sugar 3,100 163 697* Nor Iron Great Northern 15,800 56 36% Great 2,900 48% 10 y 8% Jan 3% 8 27% Aug 30 Co.—.. 10 ; 46% Apr / Jan Steel 12 140 Feb 123 Apr 11% Feb 2672 Jun 30 CO—^----No par City Dec 4474 NOV 7* Oct 3% preferred—,—»—i„ •'/ 25% * 25% Union 4_«% 25% Mar Graham-Paige Motors—.—.I Granby Consol M S & P 5 Grand Deo Jan 28% 47 105 preferred—No par Hosiery.— *.No par 37 Dec 7% 49 7a May 21 convertible Gotham 3674 ; 46% •157 $5 5 247/8'2574 Dec 3674 132 No par P) 23 Jan - 10 Co 100 Inc.—-——10 (B Jan 1% Jan 10 22% ' 14 $5 preferred—No par Goodyear Tire & Rubber__i_No par 57% •v Mar 10 33 : •130 Oct / 1027* Sop JVo par preferred. Goodall-Sanford 150 Dec Jan May Jan No par Goebel Brewing Co.. Gold & Stock Telegraph 33 66 *103% 53 18% 69% 69% 35%: 36% •102% 103 ' 29 —100 (The) 65% 64 105 32 Co conv 8 Deo 777/s 62 x32 7s Sep 5 preferred... 672 • Oct ———5 Brothers 4% % 467a 69 7a $5 Gimbel Aug Mar 125 Feb 23% May 21 7 48 May 31 4% Oct 9 207* Oct 10 100 Safety Razor conv preferred..-., Glidden 24 137 Jan 29 Apr 26 40% Jan 14 7% Jan 15 Oct 30 3772 57 72 *107 25 4374 Aug 80% Feb 147a Oct 30 Corp—No par preferred—.II^—.;——100 Gillette 56 ■; *: 52% 132 Sep 19 2% Oct 10 10c 8ep Nov 123 10872 34 7 Feb Oct *10572 105 Jan 40 114% 247a Oct 32% Oct May 49% . 123 No par Co 36 Oct 37% 567a Feb Deo 172 27% Mar 163 8 Deo 15 Sep 26 ;5 preferred-..-. preferred—— 27% Jan Mar 6 Deo 134 Gen Time Instrument *105 / 17 Jan 17% Aug 2672 3% % 160% 127 101 101 61% Deo 14% Deo 185% Deo Jan 54% Aug 1357a Jan ,100 Rubber 109% Jan 8% 47% Aug 12 40% Apr 15 1574 Oct 30 preferred—No par Telephone Corp 20 4%% Apr 49 : Feb General a;/ 47* %. 104% 6 Apr Gen Steel Cast $6 General Tire & Deo 24% Deo 14 52 357* •106% 107% '80% 22 200 14 10c — - Apr 29 287a Apr 27 16% Apr 9 907/a Aug 5 1, 19 22 No par — Jan Deo Deo 1 47% Oct 30 1257a Sep 12 Refractories——No par Shoe Corp— 1 —*.! General 112 41% 64% Corp 58 Deo 14% •58 Jan 30 / 114 common—No par Equip Nov : 182 347a 26% 6/!fe4iQV8 *1163 -31/4 ;31% 118^ 317a Adv 51% • Jan 108 4 39% Oct 10 10 Service——— Realty & Utilities General "547a 25% 58 Public 57% 44 % 160 Outdoor Precision Railway Signal 6% preferred^-*- ♦97 37%'-38% 67a 100 2874 Jan 717a Apr 14% Apr 3 1283/4 Sep 30 conv 7% 12% 7 Jun 29% Nov 14% Apr 1 Oct 42 preferred General Motors Corp $5 preferred ——! 900 21% July 8 par Deo .18% Nov 16% Mar ' Mi% May 28 24 common 10% • Jan Jan May 28 347a Oct }....No Corp 24 11 27% Oct 156 Co__i>.; • 19 X35 72 Sep No par . Oct 377a !0|7* *54% , Gen 32% >102 50 ... G^n Public Utilities Corp., 101 105% 33/a % Gen 37 107% 107% 97 preferred. 76 preferred Gen , 25% 160 » 69,100 v Mills 5% > 100 - Foods General ; 100 Inc Electric Oct 15 May 29 677a May 29 V 137a Oct 11 87a Sep 1274 Deo Jan 4% 116 29 17 8 180 Jan 29% Jan 10 Sep 1078 Sep ' 26 30 Oct 4 per share 5 9 Jan 48 —No par _5 Sep 1063/4 Sep :• 5 Corp 2nd Cigar General 2,700 122 X112 '18% *68% "22% Jun 6% 2 10 14 preferred— / General 34/4 257* -*85 ■: conv 7% / 1474 / Apr Oct 30 78 5 Corp preferred 1st General io 15 7« Cable Gen 35 18% 47%: *52 Bronze Sep X41% Oct > 100 . preferred—I 4% 1,400 ;i,/: 130 1 *119 : / 1,000 / 5% 37% 15% May 28 11% Jan 29 21 8% 1 ... . 4% 67* ; 105% *102% 473/i 130 *10572 1087a T57a" •1067a 108 23 23% 247a 307a 35% * . 293/4 166 36% ?!;373/4 / : 46 ■•// 447a »,■"•. 112 34 3772 52% ;y 14 46% 257a $8 23A "I 104 61 109 Investors—; Transportation,, Baking General -3% 3% 30 *103 10 23 157a Sep 1 Amer General 1% & 1057* 307a 57a , < 39% 293/4 5274 i 118% 118% 377s •1874 10 2,700 21,000 ;■ 1277a 2b •5472 6 ' 580 5174 101 6 10 Highest $ per share Oct 17 Co—i_i—No par - preferred—.i—i— General 78 *160 4774 32 36% *106% •237a ' n3of* 1057a , 2574 $4.50 Gen ; 12774 2572 •97 • 108 Gen* Amer . 3,500 - (The) _—II—No par Industries Inc—— Lowest Sper share 10% Oct 30 3 ; — preferred——.—50 Container- Corp.——1.66% 1 conv preferred 50 ; 2,6O6^ , . 11 51% 30 297b •1067a '.i /*' 143/4 12774 21i4 •105 *103 105 587a 58% 185 12774 3V« 14 share; * iear Highest 18% Sep 7 , conv . / 7,800 * ..4978 •106% 107% 327* 32% 66% ; 687a, ♦103 .105 56 587a *23% 497a *10572 10872 3674 577a i 6 7a6% *11772 1227Z 122% 32% 697a 1 • 46 47 128 24% "547a 67a ♦117 ; 113/4 /,./:■ 383/4 / * / '737%//,.. 437a 47% 297s 377a 37% . 4378 108% 112 33% 34% 107'/a *97 - i- 777a 122 29% *102 / 58 Gaylord bVa% •400 10 3/4 283/4 163 v 357a 21 V« 105% 36% ♦38%:: 397# *54% 6,100 25^® gjlm •m 142 ,i3VuU\K 434 5 57a 5 /a 10674 36 *106 7a 99 *105 38 ' , 28 74 163 *120 26 10674 3774 1077a . *102 257a 107% : 122 31 317* 1077a 1077a 347a- 35 > 26 107% . 37% :: 14 7a 130 213/a 109 353/a 99 , ; -472% 52 74 *180 : •: '••: 38 74 3874 'v 35% 3>/< 57a 21 3174 •3174 107 . 1077a 2972 Wood 1,600 107 " 117a 77% g* g* 141 21% 21 38 38 107% *96 > Gar • 157a Co Gardner-Denver • 28 141" 767a 163 *127 3% 14% ! 76 •128 247a 3% 37a 14% 51 14% • 11 38 47% 12774 23 Va 37a 143% 28 2534 105 105 Gamewell 16 *103 ' 135 •-'■> 14 1074 130 49% 12774 185 , ♦120 120 24 35% *105 120* / . 46 • 32'/a 10674 , 11,500 100 157a' ' * ll5/a 130 •23% 5% 35% 500 1,600 97a ' . 43 > 130 16 21% 1057a , , 128 *134 5% Co 43 *90 / 51 10% 34% • 49 " ' 14 287a -28% 437/a 48% • •128 190 38// . 35% 16 /'•,• 217a 35- 16% • 141' *31% ' ;; ,. 187a ; 157a - • 108%' / : •'•- 49 *155 '16% ■25% 33/4 1434 . /■ 49% 128 16% ,17 -17 " 17% 97» 1574 ll7/a .76 163 43 VA' 4474 487/a v 28s/a ,*155 "•'■■■ 363/4 130; •120 * 28 7a 163 . i 357/a 43% ,44% •128 Mfg Corp—II; 42% 90/ 147a 50 "974 77 :-■,/♦ 49%/ 49% . :• .- 38% 287a \ 10 974 7774 7 38% 29% ; *158 Galvln 83/a ' 10% 17 15% - 11% 190 ••; *185 :• *185 ;pi>Mv. 13%. >14 /V;: 13 7a 14 . *77 3,100 7a $ per 10% Sep 1 common.. "/il// / '/ 15% 48 ll7/a (The) Inc (Robert) 1 preferred.^—.—.—-..—20 44 : 90/ 14%' ; 108% 51 11% *185 ( ; 190 ;» 9% Co Gair .; <6% 97* 43 ' *11%/ 11%—,. •185 Gabriel 3,300 10,700 •V 700 17 8% 42% 90 1 •105 ; *167a 18 87/B 15% '/ Par. " 107^:;! 157s 11 • ' 16 y4 x41 % 15%\.1&.^:/;:: // 10% Shares '12% 11% Lowest Range for Previous 1" Range Since January 1 ,19% ; 19%/; / 8 19% OTOCK bvavaV vEXCHANGE - <18 / 8%: • -? 8% 19% 10%/ 10% »167ar/T87a'^/ 17% V 17% ■/,/ 9 i:?'9%V; • 8 19% ; NEW .. the Week $ per share 11-11% :;r8/y : 8ales for ,, Nov. 1 $ per share 10%'vll^ ■ , 19 7s ■ stocks! Friday Thursday "■17 Oct. 31 30//7 per share" 8% //;.:' ; •19 LOW AND HIGH SALE PBICES * Tuesday. Wednesday $ per share $ per share $ per share H *35% *36 36% 36% 16% ♦18% 16% *15% 19% *18 36 / 17 *18 7a 19%: *104 1067a 108 7a *104 10672 *107 10872 .22 I 158 *15172 *107 22 >, < *151% 37% 37% ' *8% 367a 16% 35% 1674 187a 18% [/18% 1067a 1087a 20%/ 20% •1517a 158 *104 7a 1067a 7/18% 1067a : 6% •31 : 672 30% 32% . *105 *64% 18% . ! 53% V 53 % ♦132 84 133% ••*23 - r* 22 7a . •237a' 28 *25 7a 257a *23 '24 ,.3974 7 7 3974 13 72 104 104 - 167a *6 •347a "157a For 237a *47 30% 1057a *104 16 13% 86 167a 674 33 357a /. 137a 23'J; 57a *13 7a 14% 34% 3574 *23 ;; 13% 83 15% i6 30 y.7 5% .30 .82 147/a y 29 32% 3034 6 15 15 ,.r 24; 5% *13 ,'49%^.; 39 ,t > 105"% 8272 7 16 30 27 *24 ... 24/* 24 • £3%r, 24 ;• 39% 40%; 14 2- 14% ... . 47.) I .*48%" 3074 *104. 6% footnotes 31% ; 3? 6% 67« 15 15 67a ' 15 34 34 33% 34% 3474 347a 15 157a 14% 15 157a 167a 293/4 30'4 6 74 67a page 2301. 27% / 6. 29 74 ,' 63/a 29' •■•:■:. 67a 6,300 400 v 12,200 T4:% I14% 5,800 •; i.-7 47%; 4872 307a y 307a 104 7a 104 3/8 86 / 87 1674 337a 337a 157a 6% Hires Co No par —100 —Nopar (C 30 23 10 10 28 May 23 121 11074 Dec Jan 155 Dec Apr / 43 Va Dec •14 NOV Dec 297a 1047a 16% : 14 Dec Deo 20% Jan 1093/4 Mar26 100 Va Oct $0 Jan 192 Aug 38% Jan 7274 Apr 71% Apr Jan 2 170 7: 9, 22% Jan 17 --- . 139 Apr 3 130 106 May 2 72 Feb Feb 123 Feb 1467a Jan 21 39% May 13; May 31 r 30 x43 Oct 9 21% Sep 11 The——U E) 22 437a Nov 277/a Dec JJ4% Sep 18 O^t 11 Oct 105 Deo 18% Jan 152 /Oct X30 Apr 7% Jan 98 Oct 9% Jan 6 Mar 157a Jan 28 29 10 Paper Co 20% Apr Sep 11 22 5 Inc 103% Aug 607a May 29 16% Jan 16 Oct 9 Sep 16 " Oct Oct Oct Sep Jan 157* Jan 119 Apr 11 1097a Apr 13 343/4 May 28 170 v Aug 21 Jun 39 33 Jan 20% Jan 106 V* Jan 24 Sep 20 1?7 Nopar preferred Sep 27 ■ Oct 10 Oct 28 76 Holland Furnace (Del) 41% Apr 6 3772 Jun Hollander & Sons 22% Oct 10 hew——.5 (A) ; Oct Sep 34% Sep 12 72 Oct 47 Oct 27 Sep 23 22 5 ' .//'T6% •i;/ 33 31 6% conv Hinde & Dauch '*2372*,;'24% ii 40:7r 40 3/4 857a 30 7a see :' 24 .:"*23t;-. ; 24 3074 84% 36 :■ 2374 ,1057a .. 157 , 15% $4 Hewitt-Robins 27 . 13 %'JJ. *104 V ; 30 No par ill preferred— Hershey Chocolate ,/134 *23'/2 25 /••;i 30 61 176 / 17 72 4672 130 25 100 Motors. Powder. 5% 83 30 preferred non-cum Hercules *132 23 '23' " '23% "23 ^ 134. — 1 8 4 21% Aug / 25 Jan 23 y* Jan • 40%:^. • 30 -•.; ; 23 39% 30 7,7 30747 1057a ■ *77 103 (G W)— ; 3 Jan 16 Sep 19/ 2974 Oct 14 29 Hercules *1317a 1337a *29% , 7% • pr^erred—.———100 Helme Oct Aug 24 87s Oct 10 6 Oct 9 —15 *3/, % 64 ::7li78V:'/' 19%' )19%^ 53% 54 ' , 83 23 Hecht Co *172 53 *132 •712% *47 1317a 22 '29% 28. 2* 23 49 315/a 5% ; ■ 39% - 40% 83 ,-30'; 15% 'l 23% 5072 3274 / 31 65/a 23% 4172 ' 31 24 24% 24 77 40% 13 7a 31 .32 • *14% 23% *837 167a 31.^ >. *23% 23% 247 *104 .v 85 *31% /•'/ 29 28 '52% Xl317a *78 133 22 1 1974 81 *130 23 % ./ 257a *30 30% / v 85 133% J 134% 80 *48% 14 50 7a *30 24 ®24 50 7a ,, *132 178 18% • 53%.; 51% 7 31% 32 64 99 100 Hayes Industries Inc— 1 Hayes Mfg Corp —2 Hazel-Atlas Glass Co———25 •10474 105% 647a ——^100 $4.25 pfd__No par Co 472% preferred (modified) 1074: 77s ; *317a 1057a ; *172 . 181 18. '*■:v . // 63 •1757B 176 18% 30% *23% •105 61 preferred. (M A) , 9 3174 31 5 No par 267a Jan 407a May 13 35% Sep 25 15 Oct 9 17% Oct 10 ——25 new Co 103 -1057a Harbison-Walk Refrac Nopar 207a 6% preferred—^.—..—.100 153 Hart, Schaffner & Marx—I——10 ,; 34% Hat Corp of Amer class A—I 1 8 99% 7 31 Co Watch conv Hanna 37 9 106 61 ' /7 26% *23 7a 307s 84 / *29 • 30% *105 7a 53% • 29 3074 1327a 132 3/4 25 6% 64% 533/4 *80 . 1337a 29 ■', 6% 307s i-'T32% 1327a *81% 8% 6% 178 18% 37 99% 9% Water— Printing 4% -1087a 23 8% 8% Hall Hamilton 158 99 74 30% 18 227a 35 8% Hackensack 1974 106 7a *1517a 20% *9974 - 31 *172 *107 158 35 106 64% 178 18% • 31 65 *172 20% 367a 177a 1087a *1517a 8% 106 106 107 101 8% 31 "107 '37% •9974 8% 6% 31 158 *103 : >8 3/4 8 99%, *8 72 "t: 22 7 367/a 9 99% ' 21% 36% 35% -15% ' *1674- 35 33 ,v '• /.i- 6% *14% 343/4 700 800 ■ 800 80 2,000 No par Homestake Mining 12.50 Houdaille-Hershey com.——Nopar / $2.25 preferred —-50 ; No par ; Holly Sugar Corp Household 3% % Houston 3,100 Howard 2,900 Howe 3,600 Hudson 6% 157a 35 74* 200; 4,000 16 7a "167/8 30% 30% 3174 5,700 6% 6% 7 10,700 14,700 .—100 & Power Co—No par Light & 5 —100 Manhattan.. non-cum Bay Hudson Hunt —1 Corp.. $ound Co 5% i Hud Stores Min Motor Foods & preferred——100 Sm Ltd Nopar Car —.—Nopar Inc Hupp Corp.——...——-I- .6.66% -1 56 3572 Jun 111% Jun 10 12 33 Oct 6 9 s Sep 19 .-. , 22 / 17 16% 6074 & ' 5/ 12% Jan 25 25 / Jan 17* 63 29% Dec "July 87% NOV 12% Jan 23% Deo Aug Sep 34% 2 / 10 Jan V 2674 Aug 1474 Jan ^ori Dec < 874 Dec 2374 Jan 34% Mar 25 37 ■»*/. 5T Jan 4572 May 17 24 Nov 109 74 49 72 Jun 10% Jun Jun 2574 Dec Jan July 19 6074 Feb Nov Nov 66% Jan 25 102. Ap£ 35 557a Oct 20 47 26% Jan 17% Jan 42 Jan 26 Apr .24 30 10 14% Oct 9 25 % Oct 10 5 74 Sep 24 Hi 95 14)/a Oct 10 Oct Jan 28% Fee 24/2 Oct 10 :> 30% Oct 30 5 • May 22 / 5272 Apr 78 /a Sep 23 ! v- 3474 May 10 102,. ®ep 2** Houston Oil of Texas v t c_.——25 15,400 367a 33 com preferred 16% v Finance ; 40 7 11 19 30 31 Jun 36% 34 0V4 Dec May rn»«» FINANCIAL CHRONICLE > THE COMMERCIAL & Monday, November 4, 194^ NEW YORK STOCK RECORD LOW STOCKS HIGH SALE PRICES AND Oct. 28 Oct. 29 Oct. 2G *37% 22% 44 *43% *87 92 *17 42 *87 "i: *87 92 17% *16% 7% 7'A 7% 27 y4 27% 26 : ; 26 ya 27 26% • 12% 41 16 71/4 > 12% 12% 12% 41 38 39 *115% 119 *179% 182% 119 *179% 182% 36% 38% 37 38 14% 14% 14% 14% 14% 7% *7% 7% *7y4 37% 107% *106% 107% 6% 6i/4 6% 6% 10% 37 37 10% *205 209 207 70 70 69 *183% *183% 184% > 7% .7 7% . 31 - 31% *92% H 94 *4% 30 13 *53 *44% « 17 Va 12% 12% 12% 108% *52 :: 57 38% 45 45 - 15% 17% 80 109 y2 46% >'55' 40% *40 16% 16% 5,400 38 \ — j 18% 17% .17% 86,-700 *17% 173/4 16% 17% 17% 16% 16% 15% 16% 17% 17% 17% 18% 6,600 *26% 27% 27 27 26% 27% 25% 26% 25% 27% 28 20% 22 22 23 28% 23 ;v, 1,500 20% 46 43% 433/4 16% 203/4 *43 3/4 10% 22% 46 *43% 46 10 *109 124 *117% 121 50 123 , 111% 119% 121 117 •50% 51 50 50ya 109 109 *109 110 % *120 *109 110% *120 146 146 *120 146 > ,117 353/s *100% 22 V : : .121 125 3;000 > m 50 . 800 . *109 *120 146 30 110%- 146 .t: ' H 00 noo y4 101 % 19% 20 % *100% 21% 32%: 35 20 21 34% 100% 33% 100 % 21 37 Va 101% 100 223/a 5,100 >36% 39,100 * ■ •" *19Vs 20 *1161/2 ' 118 > > • 19% 18 4 : 22% 49% 48% 48% *163/4 17 163/4 17 i 223/4 *48% 24 24 : 205/s *48 49% 45 % *12% 453% , 13 20 118 16 20% 20% 203/4 123/4 >. 12%. 433/4 12% , 20 20 *116% ; • : 243/4 51%i % 52% 541/4 17% 173% 4,200 21% 21% i,400 • 16% '-•17%' 21% 21% . % 12% 13 % 43% > • 45-% 41% 43% *41% 44% *42 213/4 22% 23 13% 45% >' 2,500 • 14% 46. ■ / 3,800 - 24,200 >. *41% 25% 24% 24% 18% *41% 25% *17% > *17% • *87% 89 28 27% *99% 100 46 51 51 48 18% 87 87 87% 87% *87 26% 27% 27% 283/4 29 Oct. 26 49% 88% . >f' 30 >"' 99% 99 99% 99 99 99% 397/a 39% 39% 39% 40 39% 40 46% 46% 471/4 47% 48 47% 49% 47% 483/8 43% 49% 491/8 100 HIGH Oct. 20 :.s"v " Oct* 31 Oct. 30 $ per share , "''.'"v "f > par par par 1 1 YORK '«'■ 41 Va 41% 15% 151/a *52 70 51% *52 >:. 12% 12% ... 7 : 15 51% 65 50% 19% 12%"" 41% .6% >73/4 2% 2% *25 2% £*25 38 19% 7 7 44% 44% 243/4 *24% 243/4 24 26% 26% : V, 26% 26% 26 48% •'>:>, 47% 48 3/4 47 10% •11% 32% 333/4 Ui% 33% 89 89 -•• : 90% 903% 192% 1921% 90% *192 40 *383/4 47 48% 91 193 *39.:. 39% > 453/4 46 .-45,> 39% 38% *23% 253/4 26 263/4 46 10% WlT-rU > : 90 92% 192 89 89 . , *191% 39 v, 45 \ 46% X43% 46 : 90 92 > 91% 181% 192 .39/:;, 40 46:>> 39 25% 24% 24% 24% 25% *107% 109% *107% IO91/4 23'% 22% 23% 21% 22%: 26% 263% 26 27 26 263/4 71 71 70 71 70 703/4 69 69% 22 223% 21% 22 21% 21% 183/4 211/4" 21% 21% 21% ,.•213/4 20% 21% >20% A 173"% 175% *173 52 4,100 47 2,200 39'/a 39% 26% 403/4 9,100 173 24% 25% IO91/4 >107% 107% 22'/4 >: 215/s 23% 25% >26%:.i 173 ; 173 26 ,,25% ■ *172 26% 273% 24,500 73 74 21% 223/4 21% 22 17,6 > 176 25% *25% 261/4 25% 26i/4 49 48 48% 47% 48% x453/8 46% 24% 24% 24 243/8 22% 233/4 21% 223% x231/8 ♦100% 101% 101% 101% 101% *1013/4 102% *1013/4 102% 102% *14% 15% 14% 14% v 14% 15% 16% 16% 101% 14 14 14 25% > 46 255/a . 200 24,500 25% 26%- :• 22 213/8 1,800 > 23% 49 *253/4 26% 110 22% 72 70% - 106 22% 27% •>. 21% • ♦ 26 > —• 3,000 3,700 , *7,500 * 177 • 26% > 110 1,200 48 3/4 48% 51% 5,200 24 24% 24% > 5,500 90 102 '/a 171/4,; . 3,900 46% 42% *108 33 % *155 46% 42 « 32% 158% 45 46% 423% 111% 14 33 33 158% 43 H 0 00 *155 43% 41 111% *108% 32% 158'/a 44% ' 42 111% 32% *155 ' 38% 40 *108% 32% :K 33 158'% *155 43% 41% 111% 423/4 41 33 158% 44 43 34 34 111% 43% 43 *108% 43% 5,000 4414 6,200 111% 14 y8 143/a 14% 17 17% 17% 18 17 17% 16% 17 17 17% 17% 18% 0,700 15% 15% 14% 15% 14% 143/4 14% 14% 14% 14% 15% 15% 2,100 For footnotes see page 2301. 13% 14 13% 13% 14 14 14 15 5,500 . ' r M ■ MacAndrews 42% Feb 6 16 Aug 14 26% May 125 l- • 60'/a Aug & 31% Feb 2 31% Feb >2 50 Apr 34% July 4 3 50 Aug 1 163 Jun 28 24% Jan 17 19% NOT 108 July 16 59% May 29 34% Jan 114% July 31 109% Aug 167% Apr 153 Apt 9 101 9 118% Aug 31 Jan 63 May 31 115% Feb 15 Mar 20 150 108 Sep Jan Jan Mav 19% Jan ■00 27% 2 79 May 22 Apr 22 34 Jan 109 Feb 25 53% Feb 10 19 18 19 Jan Jan 13 Jan 34 Jan 22% Jan 18 Va Jan 22% Mar 3034 Aug 23 29 Jun 3 26 24 Jan 35% . ~8% 46 Aug 26 Mar 35% July 65% May 22 v.: 28 62% May 17 10 37 4 for Previous / Year 1945 >.=•>> >>:> Highest 100 $ per share $ per share >>>>> " ;• : ; 20 3/4 Sep 1023/4 Apr 82 ' 32 22 Apr 5% Jan : Apr 38% May Dec 44 Dec Jun 17% 28 15 Deo? Oct 17% • ,64 «Vs 72 9 28 17% Jan , • 5V« Dec 60 4 > Deo . 16 15% Apr 15 65% Jun 14 ; 10 30 30 10 ) } 27% No? 33 May 13 44% May 14 74% Jan 28 35% 102 ' 103% Jan 853/4 Apr Jan 88 " Jan v Jan Oct < Jan 198 Dec>> Mar 50 Dec > 84% Dec 41% Jan 19% Jan 29 Va Jen 78 181 . 11 8• s. Aug > Oct 101% 32 47% ; Feb 13,/,. .433/4 July 1. 43% Jan 29 66 Deo 100 78 24 210% Mar 29 Jan k 19 % Jan Apr lit' May 31. Jun Jan, 166 Aug 28 Jan 17- 23% 6- May > Mar .42% Deo Deo (66 % Oct 32% Dec /X32%. Nov < 190 Dec 31 Jan " 52 Feb Jan 18% Jan Nov 37 Ve > Jan 15% 10 Jan':18i/ 36% Dec> 40 : 25% Aug :50 Dec 60 r 7*'. 14 Deo Jan 21 May 23 NOV 13% i Nov 68 Deo 7>- July Jan - 9:. 14// 13 V* Aug ■ Sep 11 428/8 May 31 Jun 13 160 763/4 Jan 65 30' May 28 111% Apr 12 1734 July ID. 30% May 28 "173/4 Sep 27 ; Jan 155 72 Dec 39 Jan 47% Jan 28% ; . Dec 08 33% , 15% Apr 15. 375/a Jan Oct 10 Sep 24 j t - 553/4 May 23 > Sep 30 34% Sep 30 ; 187 Deo , 13 17% Jan Sep 19 Sep 20 Sep 24 Oct 9 Jan, 3; 19 Sep 20 >6% Oct 9 41% Oct 10 21% Oct Oct Oct Oct May 29 €8 11% 34% 6% : > 2% ">49% 25;. 45% .10 28% 83 7% Deo 9% Jan 24 14% Oct 23 Sep 10 49 Get 50 % Jan ■ $ per share 6%.Sep 19 v Oct 30 f Sep 19 14 Oct 29 55 Oct 30 35% Nov 1.49V*Not Lowest Highest ;•,■>>>, __10 v Range • > 12. 38 ?5 ;-100 19 " Nov 96% Dec 40% Peo Jan 72% May Aug 5 Jun 3 101 Sep 30 45% May 3 100 30 21 T 10 - 20 117 36 May 31 122% Jan 3 40y4Jun 11 67 Jun 10 26 Va Feb 4 >' 34% Jan 29 30 Jan 9 .60% Apf 30 55 May 27 24 l - Forbes preferred-' 1 42% Aug 13 t per share 5 >' 1 Range Since January 1 ^7 v 9 July 70% July 19 49% Jan 30 9 May 28 Feb Sep Oct Oct Jan 43 Sep 43% Oct —-I j 5 5 , 53 Va Apr 113 11 154% Jun 6 Mack Trucks Inc---J——-No par : : 38% Oct 30 Macy (R H) Co Inc —'—No par 40 'Oct 30 ' 4%% pfd series A——. 100 1063/4 Oct 10 Madison Square Garden ne\y_No par 12 % Sep 18 •Magma Copper.™— 10 16% Sep 20 Magnavox Co (The)— 1—: -1 141/2 Oct 28 'V"" 6% " *108% 3 27 . « 6 Jun No par 27% Feb 26 Liquid Carbonic Corp, —No par 23% Oct 10 120 V> 3%% preferred i;-——i——100 ">.104% Sep 24 ; 45% Lqckheed Aircraft Corp__ —1' 20% Oct 30 >41 Loews Inc. —i——.—1N0 par 25% Oct 10 Lone Star'Cement Corp.——No par ;■ 84 'Jan 3 i I 94 35 Long Bell Lumber A———No par >17% Oct 10 : Lorillai'd MP) .'Co.i—10';' : 31% 20% Sep 17 > -;7..% preferred'-——--—._i.-J-.-100: :. 173' Oct 29 ; 197 ' ; 323/8 •Louisville Gas & El As-—-No,par ; 243/i Sep 11 >72% Louisville & Nashville..———--50 x453/8 Oct 39 433/4 Lowenstein (M) & Sons Inc——«-l 217/8 Oct 30 > 4%% cum pfd series A_>—„100 98%'Oct 11 f '108 303/4 >vLukens Steel Co -—^——10 .£>,.14 Sep 23 >>> "• .!■': V'>•> i: >i> £ •:.;;> > '■,, >> V> 1,100 *155 •'••.: 158% Jun 148 ./■; Feb ;Licn: Oil Refining: Co— . 33% Dec 15% Apr 22 .Lima , ♦155 Oct Dec 14% 45 Lily ;Tulip Cup Corp—-„No par : ?8%,Oct 10 Locomotivej Wks_L No par 44 Vb Oct 10 Link Belt Co^——™—^-No par > 43 Oct: 31 500 49% 443/4 24% 21% 470 44% 20% > 3,800 48% *107% > 95 191% 193 r 39% 39% 109% >12% 8"% Mar Oct 15% 83'% 26% 98% 33% Glass—No par Ford Jan 6% Mar 2 21% Oct 30 Corp—-—5 Corp.: —No par.i Liggett & Myers Tobacco™ £ Series B Preferred '-!■ 2,000 ; 38% 37% >38% 109y4 93 Owens 19% Dec 10 % Dec Nov 57 16 101 Aug 113/4 Feb 41 > Sep 19. 32y8 Jan 3 --No par No par Eibby :McNeill & Libby Life Savers Corp hew 600 Stores. 104 % May 23 250 12% Oct 30 , 5 (The); Corp Jan Jan 11% Mar ■■■ ■.•>.> Si Fink Prod 8,400 43 '' 38% Lehman Lehn 8% 373/4 13% Feb Sep Lowest 1st pfd 2nd pfd Lerner Libbey 46% / 43% 23% 175% ,40 92 non-cum Dec Jun 20% Feb 1 116% Oct 18a/4 Oct 45 Sep 15y8Oct ? 19% Sep «preferred>---i.>^£->v50 non-cum 3 May 28 112 , 17% Oct 30 . I — 2,900 5,500 U% 33% 93 > 93 192 *107% *173 ' 91 27% 471% *33 32% 50c 300 11. 11%: *32% 24 46% 47% 10% ,331% *32 ' 38 »/8 24 46% 45% 11 39% >39% > 46 38 >> 24 $3 1,400 2,400 .443/4 26 25 Non-cum 2,400 . 24% *24 90 91% 191 24% 333/4 89 > 43% 48% 10% *33 :> 19% ;>:7 7 26% > 5,600 6 11% May 59 30 10 0 15 30 i Lehigh Coal & Navigation Co—10 Lehigh Portland Cement———_25 Lehigh Valley RR—^ -i—•-50 Lehigh Valley Coal——No par 8,100 / : 38 19% 44% 46 >> 46 47 *45% 89 89 > : > :- 19% •7 44 *24% > 22% Feb 19 Sep 4 18% Oct 10 * 8,100 7 3/b 174 99. Gas Lee Rubber & Tire 1,300 25/8 44% 11% 12 % 42 6% 4414 48% 100 1,500 " 23A 19% 3,300 42 xl2 140 Feb 3 140 La Consolid 6% 1,800 > 65 51 6% 7 *33% 15%. *52% 12% 38 *25 423/4 >,5i>>: 50 3% 104% "Jan Aug 21 109 Light Co—:-——4 pi.d___75 Pesos Mex Lambert Co (The) —No par Lane Bryant -No par 4%% preferred — -50 Laclede 4,000 3 166 >32% Oct 30 Par 18,100 15 v' 41 2% • • 12% e% / 23/4 *55 65 6i/a 13 . 423/4 41 14 13 42% 12% Qf 42 7'/a : 2 5/8 ■ 50% 423/4 ■■•',' - 40% 15% 15% 51 VB *42 % 41 >'■, 41 >> 5% 6 13 74 Jun 44% Jun Oct Sep Sep Apr Oct STOCK SMli/ 13% . 54 111 44 " 53/4 6 14% 13% 38 .34% Deo 190 9 '/a 103% 45% 108% 115 EXCHANGE Shares $ per share Jan 19% Jan 22 19 19 Nov . —-No par '-v'STOCKS NEW the Week Nov. 1 $ per share 25 (The) 1——«>-No par Kroger Co Sales for Friday Thursday Wednesday $ per share $ per share 2,600 1,700 4,000 ; PRICES SALE Tuesday > •>" 25 par $5 prior preferred ——No par Roppers Co ;'Inc-—n -10 Cum pfd 4% series —' 100 Kresge (S S) Cdi——— —10 Kress (S H) & Co— No par 90 49% , 700 4,200 ■>;•> 360 49 48% \ Oct. 28 '§ *18 > 46% "100 Monday t per share 17 16%. 16% - 18% 18 87% 18% 28 May 20 22% Jan 18 19 95% Oct 14 12 Oct 9 101%Sep 11; 52Vb Sep 18 36 Oct 10 41 Oct 10 v 38% July 30 15 Oct 30 15% Oct 30 25% Oct 30 20% Oct 30 40 Mar 6 148 Jan 3 Kimberlx-Clark Corp new—No par Kinney (G R) Co—J -I 3,400 28 Dec Dec Jun 151% jun 11 38 % Sep Keystone Steel & Wire Co—.No par 24% 24 , 27% 16 LOW AND Saturday 24% 87% • 47%' . ,45 ' 82 10* Jan 30 91 par — Kennecott Copper - 391/2 99% 100 383/4 39 47% 24% 45 *42 271/4 88% 39 >: 23 28 47% >39 *42 18 *87% *273/4 45 Class B >. .. - * 44 :> 45 " Jan 36 6% Oct 10 Sep 9 Kalamazoo Stove .& Fumr-10 Kan City P & L pf ser B No par Kansas City Southern No par 4% non-cum preferred™ J 100 Kayser (Julius) & Co—— ^^5 Kelsey Hayes Wh'l conv cl A: —1 10.200 26% 25% 49% ■ >>>K>':, 72 Va 16 Va Jan 10 10 20 4 27 Jacobs (F L) Co—— • 1 Jersey Cent Pw & Lt4% pfd—100 Jewel Tea Co Inc. ; -No par AVac/o preferred.—————1Q0 Johns Manville Corp com No par 3% % preferred -—100 Johnson & Johnson 12 y2 4% 2nd prefered ser A—i—-100 Joliet & Chicago RR stamped__lQ0 Jones & Laughlin Steel— No par 5 Vo pref series A— ; 100 Joy Mfg Co—.——— -1 :•'':Fv.-,;.*yv->-***?-'A\■ ■- .900 118 23 •:. Vix~ 153/4 163% J6% -20 > 45, 43% > 22% 49%> 43% 21 > 21 13 13 , ■?>. 20% : 12 % i'vv " 20% 118 *116% 23i/4 213/4 *46 19% *116 »/2 17% 17"3/8 18% f8% *1161/2 118 118 *116% 16 Jun 13 — 1,400 J 110% • 30 109 3/4 49% 49 y4 20 % 35% 100% 33% ft >• 6,400 t. - 35% V 101% 22 109 *120 . i;400 i2i *109 a ' . 160 48% 125 49% X 11% 104 y4 119 : *113 *117% 50 10% lllVa 115 10 - 48% 47 % *109 120'/a *109 "> 300 , 104% 105 .47% 111% 121 ' 104% 700 149 149 155 10 y4 m . 48% 48% ->r" 111% *123 10% *149 155 *145 165 *43% 46 *43% 155 *145 155 105 48 > *20% 10%; 105 , •109 29 *145 155 105 48 . > 46 *145 > *20% *43% 203/4 ' Dec 84 >' April -No par — 44 Jan 102 100 International Shoe „■ —No International Silver new ' 7% preferred —, Intern'l Telep & Teleg—• No ' Foreign share ctfs— No Interstate Dept Stores— No Tntertype Corp ——————No Island Creek Coal i .4 $6 preferred ; 1,200 48% 47% *35 38 - > Salt International >41% 48% *35 38 2,500 14% 13% *51 * 15 16% 1,000 Jan 47% 202 25 5 — — 197/a 14 60 '/a Oct 30 International Paper Co 15 $4 preferred „1 No par Inter Rys of Cent Am..——No par 5% preferred ——_100 32,600 v 55 39% 44 42% *30. 38 *35 39 45% 109% preferred 40% Dec Jan 29% 15 99% Apr '373/4 Jan 2,500/ 102 13.% *52 4% $'per share •Jan 85 International Mining ;Corp_— 1 4% Oct 9 36,800 W Int Nickel of CanadaNo par 28% Oct 30 -150 v ' Preferred 4-—133 Aug- 1- 5% 30% 102 109 Va *107 38% 38 % 38% 43% 38% , 56 300 139 44% 45 12% 108 y2 *52 57 - 29% 102% 102% 102 5 *136 139 44% 44% ■ 102 109% :;>:::*35>> 39 41% 44% 104 . $ per share xl81% Oct 31 100 1 . Int Hydro-Elec Sys class A—' International Min' & Chem 6,800 •>v 29% *136 Preferred 10,900 91 5.% 29 28% 139 . 12% 45 ' 46% j *35 . 5% 28% 8'% 30% 91 7% ,92 *91% 4% 109% 38% 38%, v *102% 91% *136 250 30 195 .No par Harvester—No par ' International 10,900 30% 4% 1 72% 184% 7% Sep per share 45 '/a Jan 35 '/a Oct 30 105 Aug 9 ' $ '.'-Oct- 29 10% Oct 9 Int'l Business Machine 1,700 215 183 7% 30 91% 93% 14,000 72 >>>■ 7 7 '., ;•: 13 *53 >; 58 >•: 38% 73 Xl81% 181% 29 12 215 209 69 111 123/8 *109 111 » 6% 27 11% >' No par 100 No par No par — 3,700 6% 6 y8 11% Interchemical Corp _* 4%% preferred' Intercont'l Rubber Interlake Iron ——— 4,500 107 y2 *106% 1 Insuranshares Stfs Inc—— 200 . . 39 y4 Vs 6 208 69 183% 183% 4% 43 443/4 103% 7% *7% 38 ■ 107% 10% 207 66 % 38 6 10% 205% > 28\ 29% *136 J 139 137% 44 102% 104M} *12% v 5% ,136 : 443/4 *109 >*92% 29% '301/8 139 44% *102 94 5% 5 293/4 *137 28 6 % 10% 29% 31 *92 - *106% 7 6% 71/4 • io7y2 6 •>> 184% 183% 184% , 30> ■ 35% *106% 15^8 15% • 7%-' 36% " 69% >68% 70% "15 14% 12,300 5,800 38% . ;• Year 1045 : Lowest1 Highest 44% Apr 23 87 Sep 23 14% Oct 10 • , . 1,000 182 % 37 -■> i 120 *179% 182% > *7%. 7% 207 207 207 1,400 7,600 42 ... lines Stk ctfs Illinois Terminal RR Co—— 5 5% Oct Indianapolis Power & Lt—--No par 23 Sep Industria Electrica De Mex, S A 11% Sep Industrial Rayon -———l...,•>• 36 Eep Ingerscill-Rand -No par 1116 Oct 6% preferred —1 100 108% Mar Inland Steel Co new —No par 33% Sep Inspiration Cons Copper——'—20 13% Sep 10,900 11,000 12% 41% 116% i 37 >/4 36 36 y4 10% 10% 10% 10% 6 6 6V* ■ .12% 40 % > 118 *179% 7 Va 107%: *106% RR 540 18% 26% 7% 26 12% 39% ■ *115% 14% • 13% :•>; 36% 36i/4 37% ■ : / 36% 7% *106ya 118 182% jl4% * *7% ; 7% .———100 series A 1000 4% Leased $ - 31% Sep 11 18Vb Oct 10 / 41 Oct 10 —20 Co— Power -—100 6%; preferred series A———-100. 30 , $ per. share Illinois Central RR Co 1,700 , * 90 ■ 18 17% 12% '39 • 34% 38% r 26 Va 26 26 v4 *179 Va 37 90 . Idaho 30,200 . 46 % Range Since January 1 Lowest » . Highest . Par 600 1 24%. . 46: ■ Range for Previous ' Shares 40 23% ■ 90 7% the Week ' 37% 132% *179% 17 7% 117% 118%% *116% *116% *87 16 } 6% 25% 12% ■•12% 12% 40 • 90 *87" 16% 7Va * 41 *12% 45% . 16% • : 23%. 43 39% -•.40,-;> 22 41% 39 39 •90 17% 7% 40 22% >41% • ' • • . ■$ per share $ per share .19% 38%: ■iji 43 43 $ per share 22%.. 42 21% 21% • • 38% 20% 38 *37% 39 21% Oct. 31 Oct. BO 30 $ per sharey $ per share per share l, •"> Friday :>•/;>. Nov. 1 -i, Thursday •' Wednesday Tuesday ( NEW YORK STOCK ?';>> ..-EXCHANGE >>: Sales for • Monday Saturday 147 31 Va Jan Jan 106% 17 Mar May . 52 Dec Dec 110% Nov 25% Dec ■ Number 4539 164 [Volume THE COMMERCIAL & FINANCIAL CHRONICLE', 2297 NEW YORK STOCK RECORD LOW AND Saturday. £ Monday Oct. 26 • , 50Cf' *400 12 Tuesday •>./> Oct. 28 $ per share $ per share *400. 12 •400 11% 14 28% 3% 29 12 *395 28% 3% 7% *19. *110% - 13% 11% 11% 11% 31 Va 32% 32% ' *49% 51 v *198 50% *105 95% 95% *95% 10:A'-A10£. *45 48 -! *114 44% 44% 26% 33% *28 29 * 48 % *44% *106 i 22 95%: ££ 10 *114 • 44% 7: 25% ■ 7 26 7 31% 32% 27 27 47% : 44 42% 44.V4 •104 23% 107 *105% 23%; 20% > 20% 21% 20% *106 20% / > 108 *106 20% 23% ■ 110 ■>106 21% 21% May £ . !'■;>' .;< 100 McGraw 23% 23% 21 107% *106 41 Sep $4 preferred-.^—par 103 SeD 1,255 46% 46% 24%; 25% 4,600 19% 19% 19 18 19% 10,100 66 J 66; 66 "19% 20 19% 20% >-42% *41% *40 Va 42 42 42 59% 60 *103 59% 104 *41% *108 109 11% 56 *102 .40 V *108 >: 57 56% 104 ♦102 41 42% *102Va 11% 11% 11 11% 10% 11 11% 38% 36% 36% 37% x32% 34% 34 35 34% 143% 34% 143% 32% 34 % 34% 35 7. 45 Va 45% 10% 11% 53 54 *109 115 f: 149 47% " 147 7 47% *11 47 11% : 55 55 *110% 10% 54% ..' 116 *110%; 140 140 140 43% 10% 53 11-1/4 11% 52% *109 48% 9Va' 9% 114% 9 8% 9% *104% *106 112% 112 Va *100% 30% 30% 30 29% 29'/a 29%' 30% 6% 7% 7'7-f' 23% 7% 7 7% 22% *46" 6% 23 % 21% *13% 46 £ 124 66% *66% 67% *22% 23 ♦54 57 - 47 13% 13% 29% 29% 46 *123 67% *42 23 13% 46% 124 ■ 46 / A£ 17% 20% 20% > 16 105 • 49% 67% 22% 17% 17% 22% 55% 18% 14% . 2,500 21 21% •! 3,600 39 £t£40 iV •'/• 1,200 •Mueller Brass 16 15% 17 17 ^>17 K' 2,800 Mullins Mfg Co *103% 105% *103% 104 15% 15% 15% 16 34 34% 323^33% 110% 102 104 ; *103 16% 104% 16% f16%- v 33% 16% ' 33 • • 59 *110% *110%111 111 33% 30 • *53 11% 111 r *110% 10% v 11%.' 11% 11% 8,300 36 36 37 37 320 - 53 *53 56 > 7,500 <'£ -. , , , 4 7c 200 Myers Tuesday Oct. 28 Oct. 29 Oct. 26 $ per share $ pet share 14 14 13% 23 23% 23% 28% 28% 29 17% 17% 16% 18 11 % V 11% 11 11% 11 17% 16% 17% 16% *17 £ 14 $ per share 13% 13 13% 23»/« 23 % 23%,; 29 29 28 28% ' -" 16% 22 22 23 29 % 29% 28% 29% 21% 29% 29% 190' *185 23% 23% 23 23% *10% 11% 10% 10% 10%, 10,% *32% 32% 32% 32% 32 32 Va *15 15 Va 14% 15% 14% 14% 28% 29 28% 39 V* 17 17% *180 190 *183 29% 29% 17% £ 34 34% 34'/a 18%' 18 23% 22% *33% 35 19% 29 £ 155 *150 8 * 23 *441/2 22 ,45% 13 %- J 93 / *26 26 15% *19% £ - 12 20 . -I8V2. 18% *107V2 109% 27% > 15 A 12 *11% : 19 - *107% •; 27% '105 106 *105 *109 Va 112% *32 % 32% 27. ££££ 20% 34 97 £ 20%; 41 41 27% 105%. 96% £ 20'A £ 41 20% 27. 12% 21% 20% 93; ^19% X14%; 19%.J 17.% 109 Va - £ 27 105% *109'/a "£ 32% 32% ; 95% £ 20 ,17 V 27 " 19% " 26% -r~ ' i. i 31VaV 31%" v."; .31%; 32 :": V V4 *94%. 96% :2o 21 31 30% 30% 31% 31% 88% 88% 86% 87 18% 18 87% 18% 85% 18 18 18% 27 : Deo 109% 52 Jan 70 Apr: ,.22 •• 135% Jun *109% f 31% 33 , ,13% ' 30"% Apr 62 Jan 30 56, 10 34% Jan 19 Oct 30 9 102 Oct 31 13'A Sep 10 • 10 Oct 53 Oct 21% |:28;%7-V V v 15 > ;; 26% ; 28 "£ V£;15'A?15%. 12 ; 12%; . • ;/ >:2l>'-22 r - * V" 106 :' . T8% £ ;*"jot%£io9%> ..•'26% 20%', -.21% 39%: 15% 41 4i% 32 .,•£> 33 87 ;«t: 88 93 93 18% 17% 18 18 35 , £ 36 -36% ' 96 19 ; Jan 18% Dec 97% Mar 109% Nov 109% Jan 21% Dec Nov 52 Deo 53 Jun 11 70 Jan 115 Jun 13 48 % 15 Jan 66% Nov Range for Previous ' Year 1945 Highest , Lowest • $ pet share Highest ' $ per share $ per share 25% Deo 66 Nov 37% Dec 16% Mar Oct Corp———■——5- Co Fibres Biscuit Co Oct 30 34 % Jan 41% Dec 23 20% May 28 9% Mar 19 % Nov 10 28% Jan 29 £13% Jan 32% Deo 20% Oct 21 34% Apr 25 Va Oct j 10 37% May 17 1 23% Mar *34% 27 205 % Apr 3 181% Oct 195 Deo Deo 32% Apr 21% Feb 16 20% Jan 30 Deo 5 13% Jan 20% Deo £ 45% Jan 29 31% Apr 41 Va Nov 190 Sep £9% Oct 10 Corp Dairy Enam & >7 % 4 10 3l%0qt 10 , • Oct 30 13 24% Aug 13 24 Feb 26 37 May 31 12% Mar 32% Deo 15 Oct 9 23 Aug> 13 13 19% Deo 30 Products——r-I?opar Sep 3 45 V4 Apr 22 24% Jan 38 NOV Oct 30 17 5 2iy8 oct / Stamping!.^—No par Gytfsum Co—--1—^.-1 • 33 V4 Juri 10 £ 41% Feb, , , : £ Natomas Co——u_£.—^——No par : 30 32 14 % Oct 10 : Deo Sep 167 Nov 21 > 65 ,• 22% Augi 15 Jan 26% July 4 Apr 7; 10% Jan 2 10% Jan 32% Jan 30 15% Mar, 15 Feb; £ . Deo 85% Nov 36 24% ' Deo Deo 33% Mar 107% > 29% Deo £ 14% NOV M > 6eo 102% Nov 2 >• 42% May 10 A 24 V2 May 27 6$ 33; £ Jan ; Deo 35 Jan. / , Jan 29 106 Va Mar . -lOVa Sep , 199% 152 Jan-10 25 31 91 Sep 20. 21% Oot 10 Sep £ 38 A Apr 25 12% Oct , 37% 4 19% Oct . .; Deo Jan; 177 17 12 •101% July \ 2V2 Sep Deo Jun 108 24 Apr 10 10"% Aug 21' 72 % May 20% Oct 30 26% •,; xl01% Aug 173 10 Jan 54% Nov / Jan 13 14 40% Apr 17 207: July 29 7% Oct £ 37 67% Jan 29 9 Oct X149 9 108% Jan 24 190% Oct 31 A—^———100 preferred/ B___: 100: Jan 14 32% Aug 28 / 102 Va Oct 27 Sep preferred. . 34 V2 Jun 10 33 Sep 24. 16% OCt 10 ; •4 5,400 2 '22% Oct 10 common.—10 Bond Can . Sep ; preferred——--.——100 & Share Corp No par 7% 30 15% Sep Inc——-I $4.50. conv preferred-,. No par National Lead - Co£—-—£__.—10 i t . Nehi / Corp-——yo pdr .> :../: 334preferred New Jersey Plr & Lt Co Newmont Newport 50 4,200 1,900 Mining. Corp., Industries-i.--,.- 1 ^^100 , 104 i% pfd-100: ——,10 109 T_-^..l" ,27 - , 30 -8 1 19 Sep 13% Oct Central——±——No parr '26 N Y Chic & St Louis Co 100r • A 79 £• 6% preferred series A^ —100 New N York Y City Omnibus Corp No par 18 Sep 10 19 Sep 24 Oct 17 ,103 1 Oct Feb£ Deo 37- Dec Oct. 1QO Nov Jan 110 Nov 35 8 i Apr 20 32 Jun: 27 18% Jan lQ9Va Jun. 19 34% Apr: 5. 18 Aug 47% Deo 38% Deo Mar 58% Deo Oct 21% Jan 35% Deo Jan 75 y« Jun '*16% Aug - 69% Jari ,35% Jan 16 a61V4 May 29 45 32 Jun 10 103% Jan 37% Feb 16 28% Jan 135 ; 108% Mar 106 50 , Deo 105% 45 4%% , ; 113 28% Sep: 26 . 23 Sep 22 109% Aug.20 43% May 24 £110% May 27 May 28 10 • 4,100 £ ;30% Oct preferred—100 ££.95 % Oct 29 Newport News Ship & Dry Dock—A 1/ £ :19V2 Oct. 9 36 % Oct 10 /(New York Air Brake—-;. No par•v. 67,500 4,000 18% Oct.1,0 .17 Oct Feb :• ' 4%.Vo conv serial preferred—-100££106 26% NOV £ Newberry Co (J "J) common_No par Neisner Bros Inc ney—j £;• : Dec 9% 6 55,% Feb .Lowest' _ 4,900 £ Oct 47% . Jan 5,800- ; Deo 32% Jan Jan 4,400 16%; 17% 17% £ 43 Deo Jan /r 4 .'20%' £21% £. £ Vi6%-V; Deo 33% Jan 23% Mar Range Since January 1 ; National Supply '(The)/ Pa—r-*10$3. conv preferred—_—„--40. ; 140' ?/■•> 4%.-%» preferreck™ -r100 2,500 if National Tea- Col ;>££_£ --10 ,v Nat Vulcanized Fibre Co —---1 3,500: ' 800 .£,105%: 105% iu%; v *109% ,111% :■£ 32% : 33% v33%"; ; •/>• 33%. 34% £96%V > > *94%'. 96 %. Deo 64 31% May 8 114% Jan. 222 Jan! 20 29 National Linen Service Corp new^-1 1,166 27% 61 15% :6 % 2,600 2,000 £ V."M8,%> 109%. "'V 24% Deo 27% Aug 24 14 No par 41 49 27 9% Oct 36 53% 16 109% Feb 32% Oct 30 108% Jun 29 36 May 3D 66% May 29 22% Jun 13 18 14% Sep ■ Sep Deo, Mar 21 Jan 15 20 Va :■>: 11,500 £ Deo Deo >36 Jan 47% Jan 3 19 . 14%. Jun 62% 79% Aug 23, Sep ^ £32% * *94% - . 49% Jan 17 104 V4 May 29 10 . £'>28/;:-; 7237^ Jan - 25% Apr 22 £> 57% Aug 21 10 41V* Sep 10 1,200 National Oil"" Products Co.———4 30,600 £>National Power.& Lt ex distribution-: £ 1% Augt 27. .75 £; Sep 19. 4,200 / National Steel Corp——L^^-25.£ * 700/National Sugar Ref Co___—No par' ft 25% Sep ,10 19% ; ; Jun 16% A 36 8 42 34 3,500 £ Nat Mall & St'l Cast Co_^—No par ' ". 24 16% 35% 1,300 , Jan 16 50 ( Dec 5% 23 15% Oct V; 40 155 Deo 37 Jan Jan 15 National . ' 8,400. 192 . 124 22 V* • * 50% Sep Nat Distillers Products new__No par 310 28%. 29%" 85% ,£•: 30 7 • 13% 7Ya Mar Mar 25 May 31 52% Jan Nat 15,600 v , 27% ' *105% ' >. 15% Oct 25% Jan 900: £ Nat £ 4j5, , -45%-' >£!%;,: 2 r ; ^79%>80% - , lp|l ' 20 Va 36 21/ 104% .,-.-7%^ 8 22 % ; , 19% £20 18 17% 26%" £ 106 :V; 14%' 2301. 12 *107% *109 % l ip % , 14% V. v, 17%; *105% Dec 68% 17% Jan' 24 20% Oct io ■V 1—10 £ ^National Dept Stores new____/ 4,000 65,300 >19% £20 V' £ £93.%,,7 >:£■ 93 £ V 93- 26% ' •>£ 39 : •'• 39- £ page 8,.. ' .80; '£ *93 25%' •' 14%'>; 40 see 78 93% 15% footnotes 1%\ 19,Va 40 For • - 33 33% £ • >44 '•43% ;; *107%; 109% i05% 112% 96 -££8£> "21% ii%:>, tim19 17% *107% . 36 20%; •153 2 . 26 V4 19% May 28 £ 62% Oct 30 64% Sep £. Nat.City 10,600 r 24%; *103 155 20 p 24"% >• 35% 23% *150 22 *93 :> 3,600 19% A 20 ■ '>27%,;-27%:,:,>,V 27% / 27% V ; 12%- 13% "13% 13%" 13'A Aug 41% May 31 National 6,700 17% *189. •'£ 75 Va.1 79"'*i"*">': ' : 32 Va 190% 15 *30 43% Sep 10 Nat/Cash Register———No par Lines Inc——a—^^.1, National Container.-.£1^ 1 National Cylinder Gas Co—---—1 9,400 '190% .43f% ■1%. 13 42% Mar ' 24 Nat 3,400 153 43 V27££- 27 28% £29 % £>7%- >7% >43% .,l,7/8 75 25 National 3,400 15% 190% 20 . ' 11% 34% ; £24-£7; 34.% ,34.% 19 Va 2Q% v *103" ^ 104%; 23 Va , -i73A:', Mar 23% July 15 111% Sep National. Aviation. Corp 5 National Battery. Co—-———.-4- 300 17 19 153 53 Mar Oct Sep £' 24% 14% 35% *188 160 Oct 'National 189 11 16% 18%. 19% *103 104% ; .28%'. 29 • Jan 45 Louis——,100. ——J——1 Airlines—>———^—1 Acme V Nat> Automotive 1,100 6,700 . 28% Dec 137 1 30 __50 Nash-Kelvinator 3,700 31% 16% 15% . 24 £ 63% National 7,800 8,700 £ 32% £33% - 29% >31 16% 18%. 153 r 14%,/ 34% 104 28% 190 % 11% 32% 30 41 15% - *23% 10% 28 15% 15% 18 *166 24% 14%' ' > 80 26 %; 109 '/a *95% 12 Va Deo 36 Jan Nashville Chatt & St , 580 2,300 19% 11% 190 32% 10% 32 14% 22%: 14% £15%, ; l5.%;7> 12 %V % 12 19% *23 16.% £ 112% 30% 32% 33 : '32% 32% .79" .93 . *109 Va *95% ; £ .--,12%. .£ *185 23 10 % *20 .£•-17%. i'clSii?!;/;-; 27% , 13% 20% 98 91% 26% 15'/a ££ V ?7%. 20% 93 43% 1% 81 . ',7:12%- 13% >v! 2 27% 21 *20 % 45% 80 :'27££ 7% >21 / £ --22% 1% 81 81, 27 190% 153 154 £*43% 2 1% , 28% £:£8£> ;£':a££'VV 8 22 % 28% 18 ,-.17v 14% Nov Jan 35 9 $ per share 26,100 V 29% 24 29% 190 ,13 33% >33% 19 Va 19% 191 154 24 28% 34% Va 103 -:-:2S^ -•;>££ *188 192% 24 A 18% .18% 103 28% ny* 17 .£ ..£ 3l'/4 /, 16% > 34 : 22 '19% 102 Va 29 *190 ^ 34% V 19 103 17% 16% 29% ' .16% 23% *33% A, 20 103 v ; 18% - 56 Va Aug • . 34% 18% 23 V2 15% 28% llVa 23 ' *22% • 14% $28% 7% Deo Jun 111 25% Aug 9 24 Shares .. 25 24 £:■ £ 29% : 17 23 *183 24 •14% 29'- 16 , 28 190 *22 y2 , '*17% ,; 14% 23% "• 16% 11 16 WA 23. £ 5 29 % Sep EXCHANGE - 56: Jan 37 26% Mar 18 ;V 12% Oct Co—-i7l NEW YORK STOCK the Week $ per share 11% 16 11V4. *21% ; A 17% - Nov. 1 $ per share 23 % Sales for Friday Oct. 31 ££13% 23% (29% v Oct. 30 Nov 45% May 106% May STOCKS Thursday Wednesday $ per share Feb 68V4 Apr 1193/4 July 10 10 Nov 87% 33% Mar July ,1 93 9 Corp-££w_—.££££T£5 / & Bro—— (F E) V.173 44 Oct 29% Jan 1 9 10 ;"—££__1 14% Mar >•113% Apr 18 10 43% Oct Dec May 15 129 —10 preferred LOW AND HIGH SALE PRICES Monday Saturday Inc 77 10 20.. Dec 54% 9 2 110% July 19 £ 61 % Jun 3 19 : Murray "Corp of America 600 A Sep No par class B 32% July 52 % Apr 10 Oct Dec 30% 25 . 10 105 Va Jun, 10 Sep A—No par Lines 30 Jan Aug 26 35% Jun 5% Oct $7 preferred--—-No par Munsingwear: Inc ——--5 Murphy: Co (G C)- com_„ 11 4% %£jp referred—£: —100 1,500 11% 37 53 40 11 37 11V* *37 Wheel Motor . ! 11% *53 110% Moore-McCormack Oct 27 Jan 17% Dec 12% Mar 22 57% Aug 13 £ 26% Sep. 3 28 100 13% 4 Jun, 10 . 100 new 1.25 .u!...No par series Nov 18% Feb 16 105% Sep 26 40 % Apr 30 8% Oct 10 ,*£ $2.50 cum pfd^—i.—— —i-50 ,' Morreli (John) & Co No par :Motor :Products Corp_r— No.pat ' 20 34 *38 preferred 40 15% lit $3.25 39 ■1 Inc Montgomery Ward & Co V ; Receipts 200 - Co = 109 % ' 45% May 15 62% Jan 9 9% Oct Monsanto Chemical Co new—-____5 100 >. Hosiery Mills Sep 30 45 No par Monarch Mach Tool 2,909 ' * Carpet Dec 104 26 36% Oct -No par preferred series A_>—£ Mojud 31,700 23V*-C > 55% *42VaJ,A4 18% >19 7% Mohawk 9 Sep 26 140 No par RR 41% 32 Va Oct Power Impl £_£—1 preferred——-No par Corp. — —10 / 20 *103% 11% vtc Mfg™__. 19% ■ *38% 34% 39 / 309 44 15% 111 & Mo-Kan-Texas 300 : 67% 55% 15% *36 M A Apr 10% Get 10 Moline Minn 8,900 123 *43% .34% *11% Minn :Min 400 • 111 & SS 40 19 39. *103% Minn St P Dec 24 3 31% Feb . > Minn-HoneywelV Regulator.^ 3 3.20% conv. pfd series A--—100 200 42% 16% ,19% 17 107 ; 4,100 *54 17% 40 19 No par Nov 36 £ " Sep 12 Sep 39% Oct Minneapolis & St Louis Ry —No par • *66% 65 42% *16 54 100 5 8% :cum 1st preferred™—£_£180 $6.50 31 48 .. *39 : Mission 14 64% 43 17% 1 No par cum preferred™ Machine Co Midland Steel Products.. 100 v 21% 65 *54 • 4 3,109 28,000 19,300 " 46 > *121 66% 21% V 36% Sep Trans Metropolitan Edison 3.80 % pfd_ 100 f •:;£^'.;-.£,£££ V. :#:££;££ .Miami Copper--. 5 V Mid-Cctotinent Petroleurnl—^>£££10 8,800 V 25 £ *29% 47% .65% *65% 44 9% ' 110% >7' 13 124 *123 66 No par Min ' *29% 46 %( 30 47% 9% - 47 ' 14 30 47% 47% 21% ' 7 *47 50 „ 47% Co_ & 43 70% 107 Va 30 , Dec Jan 30% Apr 10 Mesta •£■ £6,300 £ A (2,200 A £i|4 201,000 113 *47% ■;.';47>7 SeD 19% Oct 2,100 54 • *110 ,115 62 No par Co Merck & Co Inc-_— 250 12% 54 - __-50 Ltd Stores Deo 32% Jan 36 1st, preferred conv 65% Jan 19% 108% Mar 21 30 5% Jan 19% 52 10 Oct Oct Sep . 10 Oct 18 55 114 30% Jan Jan 35% Apr 1 Jan 27% 9 56% Jun 8 Merch 2,800 6,800 47% ;»£«£ 100 Dec Jan Aug 69 18% Sep 10 103 Sep 19 preferred^.---,. 16% 8% Apr 23 Apr 29 22 Nov 46% May 29 48% Apr 22 30 Mercantile ££2,500 140 45%. 45 preferred^- 2nd 1,555 11% 34% 35% £10 No par Dec 109% 40% May 27 20% Oct 43VaOct . 10 38 •148 V 4% $3.50 *35 Co__. Corp— 3,100 109 *108 108% Mfg ,_l 20 % Oct 300 41% ; !. Co Mengc^ . Co r: <(The)_- 11,000 58% 71 23% Sep 20 Sep 19 ' 1 . 104 .41% 41% . 108% 66 Stores 1 Melville' Shoe Corp neTy-— 30 *65 Robbins McQuay-Norris Mead 4 V\% > 45% 23% & McLellan IO71/2 ; Pub > 53% Sep 110 6 43 12, Co 5 Mar 122 9 23 720 v 31 Inc. /->-.»-.18 43% 69 19 Oct McKesson 24 20% Sep 25 104% bep 26 30 Sep 20. May 195 Jan 104% May 31 44 45 20% Jun 55 118 5 24% *41 % 17 19 100 Dec 4 18 No par 46 Vt *65 25 Oct Deo Nov 34% July /May 10 96 63% 33% Jan 176% Dec Jun 48 Mar 22% Aug 112% May 13 Jun Co_„.u_, *45%. 24 ' 18%; 9% Oct McGraw-Hill 4,400 V 1,000 4,200 217/a 70 Oct 46% 9% Mar 38% May 29 204 Sep 18 Dec 24% Jan- 27% Mclntyre Porcupine Mines Electric 21% Jan 42% 111 Sep 40 11 Oct 45 Va Sep 1 ) 18% Apr 18 30 18% Apr Jan 109 5 42 Corp.. preferred- conv 15% 2 111 ; Stores 3%% 300 T 23% 20% .19, No par No par Dec Dec May 28 Sep ..23 94 par No par Corp McCrory 49% Oct 104 Dec 7% 75 3,600 • 45% 23 V. *106 No - McCall __5 No par 39% 11% 48 1,200 2,200 V 47% 19% 107% preferred„___« Dec Jan 9 3,300 •29% 107 107//V; 21% 22% 21% .' Stores__„__> Dept NOV Jan 7 Sep 27% Oct 1 Alkali $3.40 cum pfd_; Maytag Co— ■ $3 preferred $6 1st cum preferred. 10 114% Co__. 45% Feb 30% Jun Wks^_7_—No par £0 24% Sep 20 195: Jan 8 preferred-.^ _100 $3.75 110 £44%; 31 15% 32% 7% Mar 3% 57% Apr 24 112 Ye Mar 25 11 48 1,700 V -.3,800 47% 30 Sep No par 6,800 ; 33 26 31 Ve Oct X109 ___l Co_„_ Corp.; Mathieson 26% £ 23 Master Elec 107% 25 *106 47 24% 10%' •45 V;: 44% 45 105% 105% 20% Jan Masonite • 47 Va *46 *113 Va 114% 10 9 ;'££v 90 £;' 2,400 96 10 Va 47% £ *20%' *105% 95% 10 *45 •113% 11% Oct 8 4 80 96 9% , 115 4 Sep ' 115 28 ; T 24 Jan 11% Feb 12% Oct 7% > 53% 46% May 31 9 10 Oct 625 Jan 7% May £ 14 1?) $ per share Jun 425 14 Oct No par 3,300 107 26% Jan 7% Oct Martin-Parry Corp_«>„_ .206 52% 107 107 *95 % 48 *198 53: *106 Aug 15 16% Apr 8 3% Sep 100 preferred Martin' (Glenn L) $ per share 526 .'__5 Corp_+— 400 52% 28 50% 106 4 %% 1 , 30 27 Year 1945 ___1 Exploration St Ry 6% prior pfd____100 Marshall Field & Co_^^.___JVo par 4.300 ..£;' 28% 28 5 10 Highest Lowest • S per share 10 900 52% 27% *23% 15%. 28 33 22 36% 14% , Oil Midland Market ,16,500 ',£•,->140': 5,800 - 35% -35% *8% : 111 111 Marine .Tun 8% Oct 12 % Oct £ 1 No par Shirt Maracaibo 11,200 : 890':. 520 50 Bros Manhattan £'2,100 35% 110 '27%.' 28% *198 206 . 33% 45% 34% ■ 51 - 26% • >£71.300 27% 49% .28 106 49 29% 14% 44% 26% 107% *32% 14 9% *45 £ 47% *114 107% 34% 13% 95%" ' :.V9%. 47% 115 33% 14 106 , Mandel *10t)%; 111% 35% 49% 96 9% 110 28'/a 28% *198; 206 50%* 51 7 V 106 Mahoning Coal RR Co_£ Manati. Sugar Co 1,600 :>!'• • 34 *27% 29 206, 51% ' 110 »• 13% 35% 28% 28% 111% 3,900 14% A'£-*£w--4:£r ££•7% V7%. .11% 11%. 7% 34% 14 *27: • *110 : V£ 11% 500 $ per share P(tr 29% 7% 32 31% 111% 35 : V 'V/V/V4v:>>;4V:'''>:;;V>' 11 *395 Range for Previous Lowest Highest Range Since January 1 , ,14% 3% "7% 12 32 ' •19'"' "V ''. • 14% 30 28% > 29 ■ " i. 500 11% 13% oTOCK EXCHANGE :••'•' Shares $ per share 11% *395 uv* 33% NEW the Week Vhiov. I; 1 $ per share > 450 10% 12% ■ - $ per share 14 7% 7% 12 V ";' 11% 7 28% 3% . 4> 7% STOCKS Sales for Friday Thursday Oct. 8U 500 , 11 *13% PRICES Wednesday V ; ,r. Oct> 20 £• $ per share . 500. v; 11 13% • HIGH SALE 27% 148 : Jun 39% Nov > THE COMMERCIAL & FINANCIAL CHRONICLE Monday, November 4, 1946 NEW YORK STOCK RECORD LOW Saturday Monday Oct. 26 ' ' $ per share * 23 % 26,; r 21% 22 107 108% *107 *13% 14 *35 37 '• 231 229 11% 115 115 19 *115 103 20 21 ' , 19% 11 ' 17% 103% 103% > v.. *125 23% 116% ::*115 18.% 19% 20% 108% 33 *103 , 18% 2,500 33% 900 229 560 229 *125 128 25 240 . 13% 33 127 11% ' 116% 11% lW 34,900 -10,400 30 Ho " 19% 19% 10 26% 11% 25%. 21 103% 103% 103% 20% 21% 23% 36% 49,800 36% 11 *18% 20% 33 loo 285 *107 13% 00^: r 46 % *10% *115 103% 19 25% 11% *240 107 227% 220 128 24% .11% 285 Shares ' 66 ,13%; 13% v 28 1% *45% •## ,19% 103% r% 34% *22% '*57 Sales (or the Week $ pet share $ per share 22% 107 • Nov. 1 Oct. 31 66 *240 " .13% J; *125 116 18% 22% *56 " Friday Thursday $ per share . ' 227% 230 ■; 26% 11% 11% 19% 103 230% 24% 11% ./<••• 13% 34% 128 ' 107 %.108% " 35 *125 26% 285 1 '108% # 56 #>250 290 35 128 26% 22 56 13% 231 v„ '125 21%,' \ 13% f SALE PRICES V; Wednesday Oct. 20 $Oct. 80 $ per share : 58% 285 18% -■*34% 35 34% *110'% 112 22 35 .21% 21% *21% 20% '19%^: 104 *11% *115% 28 *23 :]■; 160% 19% 20% 102% 102% 103% 11% 10% 11% 11 *115% 117% *115 29% *29 27% 27% .. *160% 24% 24% 89% *86 X73 163 *21 • 20% 116 , 22% 300 ' 18,200 23% 100 22' *21% 21% 21% 104% 21% 105% 5,100 11% 11% 4,200 115% 116 29% 104? 11 116 *27% 29% 28% 29% *159 23 11% 11% *15% *11% 17% 55 ■# 162 *27% 22 29 *159 90 . 200 9,100 163 30 *29% _ ... 6% preferred Outboard Marino & Mfg Outlet 5,600 Co Owens-Illinois ...100 - >2.50 par. Glass Co. 12.50 ,108% 19% 21 19 99>/4 10% Xl 13 27% 26 158 22 86% 71 36% Oct 17 Jun 26 112 Feb 26 29% ; 22% 36 xll9Va 17'/« 120 51% 39% 180% 35 ,111% Sep 25 Oct 30 0ct 14 Oct 30 Sep It Feb Oct Sep Sep Oct .26 10 24 10 22 100 Sep 20 Jan 19 July 1 Jun 14 Jun 3 Jan 14 Jan Feb May Feb May Jun May Apr 18 11 22 2 7 , 107 % Jan 18% Aug ■■ 24% Jan 106% Jan 11% Jan 34% Deo NO? 119 18% Dec Jan Xll8% Deo 13% Jan 23% Jan 34% NOV 107 155 Jail 36% Deo % 168 Deo 32% NOV Jan 95 Deo Jan 79% Dee 17 22% Jah 29 5 74 68 15% - 53 31% 29%. 29% 40% 40% 500 22% : 30% Sep 3(1 . h_100 No par Oklahoma Gas & Elec 4% pfd___20 Oliver Corp No par 4%% convertible preferred 100 Omnibus Corp (The) ...... 6 8% conv preferred A ^^..—100 v Oppenheim Collins -»»»: 10 Otis Elevator com No par _> 470 30 „ 4.40 % preferred Ohio Oil Co--—,. 11% 15% *51 X22% Ohio Edison Co 2,400 *iio%:il2% 74% *51 40 40%' *59%# 60%; ; 29,%.. 29 *123 29% 29 .22 90 ,74%' .■' 116 27% 112% • 21% *160% 163 *23 - *85 74 20%: 103% 11 32 27% 160% , 21% : 35% *110% *21% *28% 117%. *29% 35 1121% 21% 21% . 103% 11% 34% *110% 22%. 20 Vi *103% 34% 110% 110% 22% *21% ' (■; ; >56'^;: 285 HIGH Tuesday Oct. 28 $ per share 58% 298 *56 AND 59% 59% 125 28% 124 124 149% *165% 167% 165% 167% 175 Jun 5% 5% 5% 5% 10 Aug *20% 21% 33% Deo 12 Deo 6% :■ 6% 13% *13% 6% 6% -14% 58 Deo 29 *13% 46% 58% *106% 20% 14 46% *105% 106% .: 5%a>;5%; ; 20 30 108 / 44 Deo *39% Nor 4614 106 Deo 20 14% Oct ill 106 5% 14% Deo 59% 5% *53 *80% Deo 107% 107% 30% 29y# 30% 58 30 ' 55 55 4 - 3% 39% 40% 39% Nov 27% 30 Deo Deo *56 110 July 73% Deo " *3% - *40% 40% *27 28 *13% '■ *27 5% 3% Deo 14 13% 13% 17% 13% 13% 13% 14% 24% Mar 72 May; 4*9% Deo 17% Jun 33% Dec 30% Deo 113 24% Apr Deo 46% Nov 49 46 NOV Deo 96% Nov 43% Nov 38% Nov 43% Jun 119% Nov 118% 41% Jun Dec 108 Mar 13 Deo Range for Previous Saturday Monday # Oct, U '$ Oct. 28 per share Nov. 1 $ per share *13%# 13% *13% 61%,: 62 13% 61 33 34% 64 64%, *65 *111 111% 34 26% *30% 111% 26%' 26 31 14 1,200 13 643/4 5,300 353/4 12,500 90 30% ii8% 12 12% 23% 22 22% 98 '> 38% 108 *100 * >104% 36% 98 #' 108 *100 117% Jan 18 30% May 1 11% Oct Jan July 10 25 Jan 117 11 20 112 #102 106% 36 130 73% 41 Aug 27 102 20% Oct 10 Oct 9 '120 49 Feb 27/ 18 Oct 9 Oct 123 7% Set) , Feb 110 May 1578 Feb 24 : Oct 17 Sep 20 July 11 202 Oct 7 210 ; 30 Sep #;• 7% Sep 10 9s/s Oct 10 Oct .3 59% Sep 24 103 9 Oct Deo 71% Deo 29% Nov 122 Apr 19% Not 44% Deo 7 3 8 34% Feb 8 May 15 Mar 29 Jan 15 Jan 30 Feb 16 Feb 27 Jun 14 May 28 Jan 18 31% jun 30 48% 14 22% 4 141 96y2 92 24 12% Oct -9 76 40%, 115 Oct 29% Nov 106 Feb IB 26% May 8 Sep 20 18 201 15% Nor 36% Deo Jan 18 Jun 10 Aug 27 Jan - 8 July 16 Jan 11 Jan 11 136 4 93 # 197 Aug 12% Aug 31% Mar. Highest S per share 35% Jan 15 29% Sep 20 102 V2 Sep 25 . \17 Sep U3 71 11 X105 , Jan 47 . 33% Sep Oct 104% 100 . 93% Oct 170 13,800 Jan 21% 34 30 20% Oct 10 , 57 122 May 16 '< 19% Feb 5 117% July 29 8,500 Jan Jan # 27% Feb 25 50 9% Jan 19% Aug 25 106% 108% Sep 9 24% Sep 24 15,000 .# # 38% *107 ' . 6 10 5,800 30% ni7ya 63% Oct $ per share 80 May-9 x48 May 23 76% Jan 22 1,000 26% 12% 16% Feb 35% Jan 5 29% Sep 19 Apr Lowest $ per share 2 14 670 118 % 38 share 34% 65% *118 % *98%: ,99 $ per Year 1945 . Highest Lowest Shares $ per share 111% # 12% 22% *107 Range Since January 1 Sales for the Week 62 3/4 59% V 34 Friday , 205% July 44% Deo 12% 15% Deo Dec 117% Oct 69% Jun 91 Jun 43% Jun 198 ' . Oct 9 32% Oct T 10 14 22 July 1 29% Aug 12. 25 - Oct 15 27 V< Feb 7 ou r eb 16 63 Vi Feb 18 713A Apr 27 67 May 14 Oct. 10 105% May 22 Sep 10 Oct 30 14% Sep 10 13 . Oct 10 203/4 Sep : 10 :i9 14 V8 Oct 10 #12% Oct 10 40 Oct 10 53 99 31 For footnotes see page 2301, v, - ' 41 July 1 Jun 22 Deo THE COMMERCIAL & FINANCIAL CHRONICLE Number 4539 Volume 164 2299 NEW YORK STOCK RECORD HIGH SALE PRICES LOW AND Saturday 0 Monday r Oct. 26 19 ft 19% ; Vx 187/a $ per share $ per share $ per share $ per share I- I AA/18% 19 ft 106% 106 ft 106'/a 112ft:113 # v; 106 ft 107:# 106% 107ft 112ft 113 112:, 113ft 112'/a 119 118'/a 118ft/ 118 118 Va 118 129 ft 127 ft 127% 120 ft' 129 *113 Va 113ft 115 ,53 ft : v128 ft" 21 ♦109 ft *33 }'■ 113ft 21ft .. - 127ft • . ' 50 21ft 20 ft *109 Va 109 ft' *32% 32% 110 | 32ft r» • *110 107 Va A, 113ft "'A:!' 540 6% preferred 118ft A'-. 270 <7% preferred 100 127% 470 8% preferred 100 880 ... $5 preferred , ■•¥[; I A A# A *113 ft 32% 32% j# 32ft •' j'-1 AA '-A' - Vi •'•■./'/■.''AAA 'lA'A/v; Lowest $ per share ■■ $ per share 30% Jun 10 115% Jan 10 2 17 23 ''/AAA/?' • /A; >2 ft ?r- preferred —; Bakeries Corp 27 ft 102% Feb 115% 106ft Jan 126 Deo 139Va May 10 110 Jan 138 No? 150 17 121V* Jan Xl48ft 117 ft Peb 15 112% Oct 118 69% Jan 15 47ft Jan 65 ft Oct 17 Jan 24 ft Deo 106 May 112% No? 126 Purity 19% Feb 26 107 Oct 2 100 conv Jan Jan No par , 30 / A 28% May 28 • 115Va Jun 13 38% Feb 4 Sep 20 A 19ft Feb 20 23ft Jan NO? Deo NO? Jan 31 Mo? 15% Jan 22% DM 10ft Jan 78% Jan 19% 00ft Oct 7% Mar 18% Deo v A;5.0-- II Q 'i':? * *22A 22 ft —>—No par Highest $ per share Jan 112 Va July 25 47 Va Sep 10 par No par (The) '/-A; / 23 / 23ft pfd $5—i_JVo Inc__ Oil 5% 200 1,600 / 33 A/A; v' V •'? Pure . ,( 1 ■ V;"- ■■ '■y" '-* Pullman • vy/1 . Pub Ser El & Gas 30 11,200 15,800 i 22% v: 112 Va , *110 A 112ft 'v:; 114 ..A 54% 22 , ' 23ft No par Year 1945 Highest.".'.' 17ft Oct 10 103 Sep 10 108 Sep 25 114% Aug 9 119Va Jun 20 100 A #53 21%., • .'V -.-ytx >/. i■ 'V ".-.■•-.A-",l,". V. A-'. . I'.-'T "AA 52 Va /A 21% 110 31% 32% 32% '."/'It'' !T|"; ' it /' Corp of N J com—No par 127% 114 50 ft ^ 21% '110 #•:, '. /. '• 23 ft Pub Serv 24,100 Lowest $ per share Par • 118ft 128 *113 ft 115 "i# 51% 52 ft 20% V:'i *22 ft Range Since January 1 ,,-\i. .• 106 ft *li8% 120 127ft Shares 20ft' Range for Previous STOCK YORK EXCHANGE 113 113 127ft *113 Va # 115 51 V: ■ 109 ft 33 *113 ft 52ft: 20 ft A * y- 110 . ; NEW ' 51% 53 ft i 20% r 19% 106% 107 ft 113ft 118 119 A Sales for the Week Nov. 1 .$ per share .. 19% 18% 107ft 113ft • - , $ per share 18% 18 19 ft STOCKS ** Oct. 31 Oct. 30 Oct. 29 Friday Thursday Wednesday Tuesday .1 Oct. 28 • *22ft 23ft 23ft 400 Quaker State Ref Oil .10 Corp. 25% Aug 13 a • R aa 9% 9ft 9% ' 86 ft 16 ft A 16% *86 104 *38 16 Ye 105'/a V 38 ft i7ft ;,,(•' 18% 36ft. "Y36%:$l-V: 18 % Al8ft/AA 42 42 40% *37 29 15% 84 29 lffft 15% lift 85 ft 'AA.-8- S 18 ft 41 AA 38 A- *38 ft 40 17 •18 110 . I 14% 27 96 ' 27 ft 15% ;A ! 14% 14% 30 26% 16 ft 16% 85 ft .77. 39 ft 38 ft #Y *83 85 Va 39 20%" 112 ft Feb 11 49 ft Feb 6 * ' No par 33% Sep , 10% 11 10% 11% 8% 14 ft 25- .. ■ .8% 8% 14 ft . 14% / 29% 111% 15 ft 14 Va 14 ft 38% 38 39 • 20% 18% : 20% a 1,500 " 28% •47ft 48 ft *47 ft 104 ft 103% 21% 15 14 29 27 * 104 104 21% 21% 14 y8 14% *27 ft 27 48 ft *47 ft *47 ft 103% 103% 104 Va Brass & 1,300 / .13 Common 101 lo 14ft 6ft 6% 6ft 6% 18 ft 17% 18 ft 50 50 49% 49% 48 ft 50 26 ft 25% 26 25% 26 LOW AND Monday 'A; HIGH SALE Tuesday : Oct, 29 Oct. 28 Mfg Co 24% Apr , 49% 48 ft 51ft 2,600 25 25% 25% 1,700 Ruppert, Jacob 49% 25 ; 19ft Jan 102ft Jau lift Jan 87ft Jan 110 No? 15ft Jan 37 Dec 98 Jan 117 ft Dec 14ft Jan 23% Deo 45 ft Jan 136 : ^ • PRICES Friday Oct. 30 Oct. 31 NOV. the Week t(i/ i << *• Sales for STOCKS • 17 6 99% Jun 10 65 v#'• v • > No? 26 ft Deo Dee 18% No? Jan 31 Dec 12ft Dec 29% No? Apr A 33 Mar 48 Oct 21 Sep 34 Deo 9 i'l i Oct 46 ft 106 8ep 6% Aug ,/ Range for Previous Year 1945 ? Range Since January 1 Lowest Lowest Highest $ per share $ per share. { 40 Jan, 19 ft May 29 34 ft Jan 21% pet 10 Oct 16ft 3 10 Deo No? 10ft A 5 A 30% Jun 24% 16 ft Mar A 20% May 28 44 Apr 29 A 13 ft Feb 33% 115 31% Jan 37 ft Mar , 25 38 40 V2 Sep EXCHANGE • 16 50% July 31 30 NEW YORK STOCK . 16 108% Feb Oct : Jan 28 ft Feb 10 ♦ 15 46% Jun 11 9 5. Deo 21 16 Feb Antelope Copper Mines— Typewriter __-.»l Ruberoid Co (The) No par Deo 25 21% Feb 18% Apr 20 12% Oct 10 25 Oct 9 6ft Oct 10 Royal 7% Aug 31% May 28 110 ft Jan 3 18 Roan 2,100 ,29 8 40 "Va Feb 11 20 4,100 • 102% Aug 15% Jan 17% Feb 1 20 No par No par Deo Jan 09% Jan 3 34% July 19 118 Feb —1 — 36ft 22% 3 105 ft Apr 19 ' Oct 43 7ft 7 y Thursday ... ^ Oil Corp Company Deo 0\ct 17 101ft Sep 100 ^ Richfield Ritter 100 Wednesday <' y Rheem 9,200 2,400 30 series 18ft 6% 18% • 15 ft 3.60% 17% 6ft 17 ft 6% 17ft 22 14% •28 28 25 24 ft 6ft A 17 21% A::A21?;A 49 48% 26 *26 21 ft. v 14 •26 28 21% •14ft aisav 27 20 - 14 ft *26 Va Preferred 600 104% uvO 31% May 18 50 ft. Jun 36ft Sep 10 Jan Sep 105ft Sep 100 B 69% July 17 97 Sep 25 24J/2 Sep 11 ^100 class 143 17. Deo Jun 27% May 11 24% Oct 10 107 ft 18 1 Tob (R J) 137 22 Oct 10 13% Oct 10 No par Reynolds Spring Reynolds Oct 9 No par 5Y*%"preferred.... 9,000 : 48 • Coper 102% 30 Oct i: 100 A prior pfd ser A conv Reynolds Metals Co 5ft% conv preferred 150 14% 103% A- 8,600 .. 39% 38ft 48 ft *17% Oct. 26 A20 111 Va 14% 14% 37% 7 •A 6% Revere 4 15 '/A 7ft No par A 13,000 46ft 28ft 14 /, Deo Deo Jan Jan Apr *125 ft Jan 9% Oct 28 50o 60% Mar 45 ft Apr Oct 1 Jun 43 lift A 20 _10 4 30% 38% 14 ft 19 Saturday V A Corp— Oct No? 29 ft Mar 16% Oct 100 1 preferred conv 83 ' / 20 19% Jan 36% 32 ft Mar 13 1 25 Deo 43% Deo 112 ft Feb < Deo 38% 9 ■ -14 6% 113 14 37% 103 ft 48 V4 21% 22 111 13 ft A A 38% *47 ft 103% 110'/a 30ft 111ft 37% • 38 ft A $1 I 100 ; Mar 34% Jan <. 17 46 ft Jan 31 76 ft Sep 20 - Aviation 9 27 ft Jan 7 14% Sep 20 series — 20 10 111 July Aug 16 4 53 ft Jun Sep 33 9 A: 33% Feb 100 warrants Apr .103 May 14 . 16 ft Oct io 99 V: Sep 6 13% Oct 10 . Republic Steel Corp 500 22 ft 102 ft *102 7; 30 ft ft ♦47 Va *13% •14ft 48 ft *103 ft 29 102 ft •102 29 Va 110 ft 112 •110ft ' 102'% 29 Va 3Va$> with 33 39 No par Republic Pictures A 40,400 109 Va * 21ft 22 21 28 ft *102 102 Va •102 109 : 110 *108 ft 110 1st pfd Corp Motors, Inc:. Republic: 26,000 A- 28% 28 28 ft 27 ft 27ft •108% Reo 13,200 8ft pfd i 7 36ft Oct A 50c : Remington-Rand Preferred 19 40 5 *ta_^>100 «... & Co Stores V 11 17 ft Sep 33 Oct 1 preferred 50 2nd preferred—50 Inc (Robt) Conv j 2,600 14 % 20 * 102 Va 28% 111% •17ft 10 Reliance Manufacturing Co_ JVo par 7,400 23% 8Va 26% . ,. 23'A 14ft 107ft 60 39% Bros Reliable > 23 ft ' ■ Reis 1.000 .2,500 A v 22 21ft 14ft 25% 102 ft 22 non-cum Reeves •7*101%.. 102: 102 *101'A 30ft *106Va 110 ♦108 ft 29% 112 38 4% 12,000 A:?/;;-:,: 170 30 16 ft ; ' • 9% 7% •v-8ft-;:v: Ar; 7% V 20 ft *14 ft 24 1st non-cum 23 28 Va Apr 100 Y 103ft Oct pfd — Jan • 96 ft Mar 19 10 16% Sep 19 Real Silk Hosiery Preferred * v 104 27 Va *83 83 37% ■3 20% , 15 ft 15% # 102 *101% 10% 14% 26 -16: 36 ft • 21ft io 8% : 102 ft C •AA 104 3%% 19 24 25 4% 200 27 ft 28 - I 83 85 ft 37ft, 102 : 21ft . :• 100 100 98 15ya 36% *101% , 20ft •naft X. Co 10 Sep 15 Va Oct 77 Reading Company 109% *105 A-'.15 Purina 9ft Oct No par $2 preferred ;t-AAA.100i 19 ft 19 ft • 20% . 1,100 3,900 400 40 *38 • 15% 14% ' 29 ft ' No par 1 Raybestos Manhattan Rayonier Inc 7,700 7 46 109% *105 15':: 14% 98 lift' 14% 108 *102 21 Va *40 46 *40 . : ■AA'; - Ralston 1,100 •A 19% 36 ft 19 ft ";A conv Radio-Keith-Orpheum A'#' 120 36 ft' 36% V 19'/a 19% 1 ft 36 ri9v7.,: 28ft * 14'/a" 26% 18 ft 15% ' 10a 19 36% •105: 110 *83 38 9% - 8ft • 18 28ft " • ' 14ft 37 ft 37 36% 18 A of Amer 1st preferred Corp $3.50 49,300 105 105 >! , 35% 96 ft < *101ft 102 21ft 21ft 22 ft aaaa 8ft 105 103 1 38 17 A : *83 #37# 37 ft lift ft 17 19 i'.r! 14% - - 29 102 *21 ft 17 40 ft 40 • •105 14% 103 ft 107 ft 84 36ft 16 ft Radio ' A'16#f •100 16 ft • 108 29 ft 1,300 15% 357/a • ; 40% •37 110 39,400 83 ft 17% ' 18% 4sT*17ft 18% 14ft 15 A. 108 $■ 40 *105 110, 14% A ft *17 10 ft 36 ft 36 ;V :<:z "19ft •105 'r 38 ft *37 18% 40 $ *17 A 10'/a 83'/a ' 36 A 10 ft 82% 105 *103V8 44 ♦42 ft , 103% 35% 18 ft # 17% ft 15 V . 18 ft is ft . 15% 103% 38 ft *37 18 ft 35 ft 18 ft *35 •37 15% ; 9% 82% 16 Va 84 86 *84 86 Va 15% •103 ft 104 86 ft 9% 84% 9ft 9% 9ft 9% Highest ' * I per share jper share $ per s\are 7 # Shares $ per share I per share $ per shhre Par $ per share $ per share S 52% 52 ■ 24 ft '24 ft 113% 113% •61ft 24 51ft 24% 50'/a 23% 7 24 7: *113 ft lift 113% ■%llft lift 7 59 ft 61% 45 46A, 11% 46 58 V* . *1131/2 113% 7 11 ■•■7 11 ft 55 ft 59 7 60% *43 *1131/2 7x11%; 11% 42 ft 43 42 ft • 103 ft 103ft •100% 101 101 101'A 101 7 • 30% 49 ft 50 1,700 24% 25 ft 2,300 Seaboard Oil Co 28 19 30 ; . 19 19 70 6% 6% 19 ft ft •■7-:35 44 ft k3 15 ft 15% .715 60% 58 ft 23 50 49 49 49 •' 36 ft 37 ft 36% 37 32 A '*69 82\ ■'.19ft 19ft A*6%A6%> : 17 30 Servel 20 Rubber Inc $4.50 Jan 66 28 July No? Oct 100% Oct 28 17ft Sep 24 Shamrock Oil Sharon & $3.50 23 11 1 Gas 108 23 ft 23 77 17 ft No par --No par No par — A ser 19% 91/4 Shattuck 1,300 A'.r-'A .72 , « a. ,|v (W A) 2,900 Shell 9% 6% G) (Frank Sheaffer 30 ft 30 9ft , 6,000 Sheraton Union No par Pen Co——No par Oil 64 7 7ft of America Silver King Coalition Mines 7,400: A Corp 1 i-5 37 37 ft 5,900 Simmons Co————No par 44 ft I,000 Simonds Saw & Steel —No per 15% I6V4 33,900 Sinclair 62 ft 64% 16.. 23i/4 # 16 ft 16 ft *221/4 231/4 , -—No par 15 ft 15ft 15% 60 ft "15-. 601/4 62 15 ft 15 ft 231/4 *221/4 . 57 14ft Feb Dec 61ft Nov 29 No? 65 ft 8 Oct 39 Va Apr 18 17V4Feb 8 49% Apr 9 23% May 11 22% July 11 ft 7 35 ft 17 8 18 107 ft Feb 16 May 11 May 18 Apr 29 16% May 16 69 32ft Apr 10 Oct 10 Jan 4 2 Sep 19 40% 39% A 91ft 26% 87 Jan Deo 71ft Dec 30% Mar No? 14 ft Deo 40 Oct 17ft Mar 24% Jan 113% May Sep 24 37 22 ft Aug No? 24% .114 Oct Oct Jun * 7ft Sep 21% Jan Dec 28 Dec 12ft Mar 25 ft Nov 74 79 ft Nov 13ft May Jan 22% Nov 24 July Aug No? 3 36% Deo 17 V4 July 1 6 ~5% Mar 12% 3 32% Jan 46% Deo 61 May 31 20% Jan 11 26 70 ft 43% Jun Sep 20 30ft Feb 44 ft Nov 14% Aug .41V* Jan 21ft Deo " 44ft 37 Oct 30 Sep 19 27% Feb 15 - 62% 35 ft 341/2 43 ft •64 ' 24 Jan 2 Oct 30 17ft Oct 1 Corp Dohme pref conY Sen 13ft Oct 10 12% Oct 10 1 No-par & Steel Sharpe 77% Feb x42ft 37% Jan 16 42 8ft Mar 101V4Oct 30 7 — 115 ft Mar 110% Jun 28 36 Co July 11 9 7 5 common 100 , — preferred 3,500 80 6% • 6% 6ft 48 ft ft Oil Corp 1,600 Steel $1.20 preferred & 38% Jan 8 . Oct 10 15 54 14 Jan 28 Sep 19 No par 21 Sep 23 Iron — 14% Feb 56% Jun 33ft Oct 30 . y 15 Sloss-Sheffield 40 8ft Oct -28 5% Oct 10 20 Skelly Oil Co_ 1,900? , ♦100% 1021/4 77. 7 39 ft •7 7 I 19 ft 6 77 ♦12% 13 7'7 7 20JA 21ft ' : , - 85ft Jun 7 27ft Feb 16 24 Apr 17 16'A *42% 42 43% .111ft 111ft ' ♦llO'/a A 101 37% 21 20% -16 ft 89'A 9ft 16 ft 16ft ./17'A 43 Ulft 7 ? 43 7 *U0 ft 111% 4,100 43 ft ♦110ft *98 20 13% - II,700 18% 89% 92 • ;#• 16% 44 *iioft 22 ft Jan 3 Co 7.50 Co v No par 100 73 Oct 17 Sep & No par - Ohio stk tr 620 Conv Square D 1,400 Squibb (ER) 111%: 10 preferred non-cum 5,100 A ■?' Sep ctfs 1 - 24,300 AA *; 43 43 111% 18 i 30 $5.50 preferred —No par Spencer Kellogg & Sons——No par Sperry Corp (The) 1 Spiegel Inc 2 1,600 22 17% * /. 1,000 25 A Spear & Co__. 100% 39% 5 Spalding (A G) & Bros Inc 1 Sparks Withington ~^„Nopar 3,900 '(■ Oct 100 5% 2,900 A 6 ft 2 48ft Sep 24 38 ft Oct 10 33 Sep 23 64ft Oct 30 Mobile ft A'A 20% 17 ft Southern Natural Gas 82 39% 391/4 16 16% 42% 70 y* 69 ft 19% 9 171 Edison Railway 13% 20% «. Pacific Southern 13% 89% 15 - Southern 19,400 .6% 16% 20 917 17 ft 16% 90% 37% California 34,300 , 30 —100 42% 6% *98 101 Southern 3,900 2,900 80 $4.50 preferred No par —5 Co & Sons common $4 preferred 1 No par — 91 10 10 26 20 30 ft Mar 5 No par preferred 27 ♦78 20 89% '16ft 16 90 ft 790ft lift 37% ft 20% 39 *37% ft 8% 45% 13% 12% ■7 *98 ♦98 T" 105 39 .77/ 33 6ft 5% ';-7:67;7 77 6 Southeastern Greyhound Lines South Porto Rico Sugar 160 44% 69 19 ft 1,900 2,100 41% 82 19 18 ft Co—20 100 54, 176 26 , ft 42 A' 66 82- ♦76 . *76 661/4 64 ft 67% 82 45 42 ft 39% A 10 Carpet preferred 431/a 176 ./A 33 ft 26 25% 41% 66,500 16,100 51/4. : -431/2 33% 32% 1,000 14 Va / 53 ft •: 176 42 Oct 36 Sep cum :A 101ft Sep Smith & Corona Typewriter_No par 29 ft Sep Socony Vacuum Oil Co Inc 15 13 ft Oct South Am Gold & Platinum 1 b)': 4% Sep & 3 V2 % ,10 33 13% 5 ft 54 531/4 26 38% A 42 41% 176 32% ■ 5 4% 179 32 *32% 13% 25 ft 19V4 6% i6ft ,17 111 # *1oo7/3 32ft 13 ft 35% 26 *76 " 13 7,20 ft 7 Sons 31ft 42% 67 <■/ '7 Corp (A) 31 40 ft 26 105 ft *98 397.7:} • 7 (A O) Smith 52 ft ft *174 32 ft Smith 3,400 41% 41 *51 3,400 38 ft 1021/4 ( v"' 6ft " 44Y.7 7' 175 51 37 ft 5 77/ 4% •"53'7,7, 49 ft 38% 36% 13% 13 ft 7 49 •100% 1021/4 #47 "-A 36% 41ft 7 20 19 ft 7 44 *42 : 72 30 38 ft 82 : 91 nft i. 110ft ft 77817:7' . '■•■ 5ft> 7 31% 26 }. 69 • 21ft ' 32 ft 7 y *76 i6% 90 ft 19 ft 110 ft July Aug 14 61 30 —5 Co & 100 19 .No par — Roebuck 11,800 29 19 19 ft 19 *64 8% 36 52 ft 40% ; 16% , 13- 13 105 .1,39 ft 39 ft 31 175 43 A# *12% AAA21 Sears 8,300 31ft 29 Sieagrave Corp 13,100 a 19ft 80 19 29% 46 41V4 ft 39% .70 ;; 53 41% v •76 ;*98 18% \ 30i/4 44 ft ft 71A: 4% 175 r 26 , 43% 40% • ft 68 !, 40ft - 28 ft 72 ■ 26 ft > • 15% :J107# 80 *22i/4 . 102ft 13% 44 53 •175 -'26ft 1 42% • 5 44 54 32% 102V4 7 14 5ft 45 •IV3 V 15% 15 »108ft 31 27% *77ft *44% 23 ft 7/731-7 32 13% #:#5AA.,5AA: :*32 *22 ft 102'ft *31 14 54 80 15 7-14 ft f-15 Va 22 ft *101% 32ft • *44 29% 291/4 •; 15%./ 110 > 18ft?: 18%: 26% . 15 14%-. 14% *108ft 18 ft 43 49 37ft ,13% 37 8 Mar 30 Jan, 28 65 ft Deo Dec 15 Aug 22% Jun 22% Dec A 24ft Jun 48ft Jan i 96 Deo ; ♦101% 102% , 7; 7' 7 58ft •22 ft ♦31% Seiberling 33 7 15 ft 15 50 1,100 14% 14 ft 14 ft 110 'y -776-7;:' 43 ft 59ft < May Oct -No par Seeger-Sunbeam Corp 8ft 36'A ; ; 14% '22ft y: 5 37ft 6,400 29 6ft 16 '#..•/* 12% ♦64 30 ft 61 /- >'V; "A 12 ft 18% ' 70 *60 ft •15 ' 12% *77 7? : 6ft 7 7 36% 36 ■A#vi5%#i5ftA 12 26 v 7- 8% *43 ft 44 ft 27 ft 30 9 37 ft 37 *42% 12 ft 27 ft 29% 8ft 8ft 6% 6ft 5^,300 17% 80 *64 ft 9% A),/ 9 AA 300 39% 7ft *7 - 10ft Sep 42 ' 30 31ft 7ft 38% 13 ft 18 ft *75 ft *64 71 7ft 39ft " 14 26% 80 of Del 37% ■7, 7 110 28'A 30 ft '27ft 19% • - 37% 14% 18 ft *75 ft 20 ft 20 ft 64 34% May 29 116 18 %01Vz Oct —.... 11 7 110% . 20ft 18% cum 36% 7 7ft 13 Va *110 19 ft 28 ft 7' 28 90 11,700 49' 24Va *14'/a *<15 15% 110% 18ft 21% ___No par 47 7 13% 13 ft 19% •64 4 10 55 ft Oct A 1.75 Corp Co 23% 12% •14% 320 Paper $3.40 18% 7ft *110 IOIV4 Scott 23% 12'A 15% 180 46% 12% 13% 1,600 43 18 :'7 :: 12 ft A 31 Sep 22 ft Oct 110% Sep 11 : 5 a. 45 12 ft 110ft 40,100 103 ft Savage Arms Corp Schenley Distillers 23 7 / 12 ft 29% 45 A 100 47% 37% 28 5 preferred 25 19ft 18% 25 •7 62 ft 43 ft 102 ft * 5% 46 ft 20 49 ft 36 ft •75ft 4,900 .10 — _— 24- 18% 24 ft - 37 ft 19% 11% - pfd .—No par Scovill Mfg Co. 3.65% cum pfd-100 Seaboard Air! Line ctfs~~.--No par 5% preferred series A_. 100 36% 13% lift 60ft 101 7ft *14% 30 ? 7 IO31/2 37ft *110 113 ft ■ 103% 36% ".-I Safeway Stores . IOIV4 43 103% 48 25ft •7 St Joseph Lead 5,400 61ft 59 ft , 45 *1,02 ft 50 *25 ft 4,800 241/4 : 113% 103% 103% : 19 ft 19 •48 ft Sift '25% 113 ft 24% 100% 100% •102 ft 103% . : 51ft 511/4 24 7517:77 50 . " 62 ft A.. 46 51 24 Va 113% 113% :AA 11 11 siVt 24 53 5ft Oct # lift Oct A 92 Sep 37 Sep 20 Oct 15 Oct A 84ft Sep I - 15 ft Sep 33 ft Feb 107 ft Oct Jan 13 65 ft May 27 108 48 July May liC I'd -i' '. , 65 Jun 90% Jun 96 Feb 30% Apr 11 3214 17 18 40ft 27 ft Dec 36% Aug 60ft Apr Dec Dec Apr 180 No? Jan Jan r37 No? 24% Dec Jan 62 No? Jan Dec 87% Dec 60% 93 Deo 21% Dec 12% Dec 20 Dec 95 7% Jan 80 Feb 32 Deo 7ft 6ft Mar 10 Oct 18% Jan • Aug 64ft Jan 80ft Jan 11% Jan 15 23 13% Jan 29 30 f 27 May 13 4 104 July 16 9 51 May 24 30 " 40ft Jan 30 30 39% Apr 10 17 109ft Apr 10 10 24% Apr 25 21 55 May 10 2 116 Mar 9 3 — 29 ft July 3k 13 ft 8% May 11 ^ 4ft 20% 60 Va Feb 5 40 ft 59% Feb 1 155 193 May 8 26ft A 39% July 3 17 33% May 27 38ft 70 Jun 27 18 ft Jun Sep 44% No? 139 Deo Mar Jan 12% Mar ; 23% Dec 76ft Jan 99 ft Nov 40ft tiE: 39 Deo - 107% July 116 Deo ' i i'Vr/! ' f 39 40" ■• rj 38 . •110 ft ;rin% liift l v 25% 25 ft ]• *83 82 89 *87 7 ; 55% ■;.!41 • . i> 41ft ;i*105ft 1314 ■j!;*40* '■ , < *' tj-r-ra - 68% 68 A -24% , . 40 ft 63 ' , 24% 109. ' 13% 41ft 37ft 110% 110% . 80 85 ,24ft *105 ft 55 V* 40 13 Va 40 ft footnotes see page 2301 " 7. - 111ft 22 ft *110% 24% 25 A AA 26 ft 90 85 54'A 50% 53 53 39% 40% 40 ft 64 V* 66 24 24 ft 54% 37 ft 37% *84 ft 90 A A 55 Standard 5,900 A A *110% 111 , 84 87 79 ft 111ft A 26% 82 76 A 81ft 27% 800 ■v 40,400 88 1,100 < 92 ft 55% . $4.50 Brands, Inc.----.i-No par preferred No par Standard G & E Co $4 pref—No par $6 prior preferred $7 ; 5,900 prior preferred— Oil of Calif 21,600 18|000 Standard No par No par No par 25 Standard ' 40% ' 24% • 105 ft ' 36% 36 37 87 Va 24 ft 109 Va 40 25 65 Va 766ft 24 Va 35 ft *110% 105 ft -67Va 12% - "53 41 Va - I 80 23% 83 87 r 55ft 37ft 24"% 23% 85 i •• 39-77 111ft -i 7 105ft 105ft 12% 13 12% 40 40 39 65 ft 41 66% 40% '66ft 24% 24 ft 24% *105% 109 Va *105% 41 68 24% 107 13 12% 13% 13% 13% 39 ft 40 40 39 ft 40 . A 36,600 1,800 200 6,200 1,400 .. Oil of Indiana Standard Oil of New Jersey Standard Oil of Ohio— 3%% preferred series A Standard 4 % Steel conv 100 1 Spring preferred 25 ' —10 . - 50 : 35ft Oct 30 55 > May 13 109% Aug 30 A 115ft Mar 21 20% Oct 10 V 60% May 28 . 70 Oct 10 135 ft Apr 5 78 Oct 10 149 ft Apr 6 42 ft Feb 26 59% Aug 13 37- Feb 26 49% May 31 62 Sep 20 78% May 13 20% Mar 6 30 July 11 108ft Jan 17 xl05ft Sep 26 11 39 Oct 10 Oct 30 25 - Feb 16 56 Jun 4 28 49 ft Jan Deo 111ft Jan 115 ft Aug 2% Jan 33% No? 121 Deo 67ft Jan 78% Jan 134% Dec 38 ft Jan 49% 33% Jan 44% Dec Dec 56 Jan 19% Aug Deo 105ft Oft Jan ■ 68% No? 27 Oct 108 No? 20% Dec CHRONICLE THE COMMERCIAL & FINANCIAL 2300. V . < Monday, November 4, 1946 . NEW YORK STOCK RECORD $ per $ per share ♦40 *41 42 $ per share •103 18% 18% 18% 49 48 49 104% 14% " l043/4 ♦103 14% 15 14% 271/4 27 213/4 21% 21% 16% 161/4 16 16% • ■ 20 193A *13% . 19% 13% > 197/a 13% 13% *106%" 1071/2 *106% *67% 68 Vz 67% ♦122 51 48 16% 163A 17 18% 19% 20 21 20% 11% 11% 19% 20% 19% 19% >' !•• 105 105 43 41 41 40% *42% 43% 42% 42% 42% ♦16% 17 16% 16% •> 33 3A 28% 273/4 28% 27% 22% 223/4 21% 1041/4 104% *104% 8% , z 19% V *7% 11 24% 14% 53% 53% '50% *52 173/4 17 52 3/a 53 % 18 10% 10% 51 ,12 10% 10% 113A 11% xl4% 14 'A 14% 14'A 14V2; 38% 39% 40% 42 43% *103 103% 104 "36% 35 Vz I. 18% "J. 6' ' 36 35 4 6% '6% 6% $3.50 6% 28 19 ' 50% 50% 105% *47 Mar 36 38 ; 263/4 Seo 9y8 Nov 7% Oct 25% Dec Dec /22 Aug 33 Dec 79 Jan 137 Dec 25 Jan 40 Dec 31 Aug 24% Dec 30% Apr 39% Nov Aug 22 5 36% Jan 30 28 31% Mar Feb 11 29 41 26 10 Apr 38% May 43% Nov lYt Jan "l3% "Dec 109% Aug 20 16% Jan 28 Sep 6 10Q : Co— 18 61% July 26 301/4 May 1: preferred Oil • Feb 16 7 20% Jun 21% May 14 69% Jun 112% Jun 18 12 .13% Jan 29 68 No par '■' "'y Associated 9 17% Feb 16. 70 "'•'■•"If 10* 17% Oct Jan 29 30 9 13% Oct 10 Oct 30 = 6% • 1 k 16% 39 16% 40 52 ;.:/>*47 •.'£ f *47 • - . 39% 41% - ' preferred 53 *102% 14% $1.50 . 5% 49 13% 14% / • . Tuesday $ per share $ per share Thursday . Oct. 30 1 9 37% Oct 30 4 T per share the Week Nov. 1 , ,-•> 23 11% Oct 10 44 -" Oct ' STOCK • Range for Previous , Lowest a a,: Highest - $ per share Per Year 1945 Range SinceUTahuary t . ' 9 12% Oct 30 1 v' EXCHANGE . Shares fper share per share NEW YORK Sales for Friday Oct. 31 , 3 102% Apr —50 — 25 49% Jan. No par No par STOCKS Wednesday ' Oct. 29 Oct. 28 Sep Co———. Coach 10 Sep 16 Corp—-Wo per prior pfd conv &win LOW AND HIGH SALE PRICES Monday 5% Oct >—No par Twin City Rapid Transit—--Wo par" 14% 47 15% Oct 10 105 preferred prior pfd $4.50 106 24 4. 10 Wo par —' Film = StT-—-No par —— 1 ——. Corp Cen Fox 20th 42 52 51 105% 13 ' 13*47 49 12% 12% , 13 $6 Truax-Traer *48 ' *103% 13% 48% 13 i < 1041/4 1041/4 • t • 16%. 37% 16% *48 • Williams & Tri-Continental Corp 6 ' 6% *109% 116 6% •' 110 110 133/4 Oct. 26 —1—No preferred Transue 6% 13 $ per share Dec 127ya Mar May 24 41% Feb 4 21% Oct Mar 21 Sep 23 Corp———————2 L1 Saturday 73 y« 55 Aug 21 55% Apr 18 5 Jan 21 1013/4 Sep 10 Apr 160 .13% Sep. 11 31 18 35% May 29 10 tTransamerica 13% 49% ;H3.>* 10 Oct Transcont'l & West Air Inc——5 *103% *12% .14 Oct 109 56% Aug 12. 24 173/4 Oct =: Aug 53/4 Aug 10 38% Oct *49 % = May 28 10 102 i Dec 57 119% Sep Bearing 1——Wo par M 39% •V . 124% Aug 13 14 16% Nov 109 10 10 3A Oct Timken Roller 4 16% 17% *103"% ' 10 16% Oct 110 40% >41 May 17 78% Jun 18 102% Oct *15% . >','•■ 6s/8 109 *165/8 Apr 13% J 14% - Dec Z 24% May 28 110 26 _5 40 3 109 18% 42 y4 25 Timken Detroit Axle new—— 173/4 ; *16% Dec par 41 • Water $3.75 • *105% .. 17% 13%" 33 Y* .1 ——No par Sulphur. cum »>-" Tide 18 41 y-i 27% Jan Thompson-Starrett Co.:.——No par *36% ' 37% 36 17 • 18% 25 % 106% *105 Via 1 gaciflc Coal/■& ' Oil.,—v—->10" i'i. 18% 38% July , 14% -44 103% 105 104 104 6% 5% *34 30 — ,11 50% 10 Nov -—->-5 $2.40 conv pfd ——No par The PUlr —Wopar Thermoid Co common —iiH-l $2 Vz div conv preferred-->.50 Third Avenue Transit Corp-No par Thompson (J Rj 25; Thompson Products com—-Wo par :■ 4% preferred —->r——1-00 53 Vz *16% 18 51% 39 Oct 24 —5 —25 Thatcher Glass Mfg 17 10% ■ *36 52 3/a 16 % 16% *16% 22 Jan _ 'Texas & Pacific Ry Co 50 X»:;6%. 6% 16 Dec Jan •10% TexasRacific Land Trust >—+.^-1{ 15% 45% 10% - 103% 6% 14% 43% 28 y» >18% 17 —-*-.^9 ——--5, (The) Qulf Z'10% Jan 23 Dec 13 73/a Oct 10" Gulf Producing Texas 50 14% *102 '•A Texas . 10 10 3/4 39% 52 22% >23% ; 17% 17 % Texas 48 11% 11% ■>;> 52 :> Texas Co 11% Nov 25% Feb 117 100 1 EJec Prod's Inc—--No par preferred —i—-Wo par zsymipgton Gould Corp--i-i->„1 59% Oct 106 Jan 233/4 Apr 10 —100 Talcott Inc (Jaipes) Telautograph Corp ; Tennessee Corp 16 393/4 May 13 17 Ltd--— International Dec 45 8 61% Sep —— 47 10 j;A. 12% Oct — 34% July 1013A Sep Jan 1035/a Sep Co_ Aug." 26 May 10 18% Oct —i—12.50 — 63 Highest "f f per share 14% Oct $4 11,300 26 3A Aug Oct >• 24 21 Sylvania 7% 10% . *14% *39% 9>/e *493,4 V 10% 51% ■ Swift 320 ; 16% 103A I 503A; 15 ■' 16% *163A 10% 5,100 .10,700 23 Corp Paper Swift ■& Co_. 58 42% » 30 of Am (The) new_$4.16% Co 6,400 j 106 BYz Sweets ' 28% 22 y8 Steel Sutherland 13% 7 3/4 143A / 15% 42% 163A 26 3/a May 31 Superior . 16 23'A *16% . 700 400 v 35% *105 8% i3% ' 58% 51 15 10 34 109% Aug 15 & 13 y8 Oct Mining Co —^lOc Superheater Co (The) \.^r—No par Superior Oil of Calif—.—, 25 17%- 28% 28% 22% 7% .50% ''51 " 123A .11 42% 102% Oct -5 1,400 44 35 .'■>105.: :> 105% 10'A 50% 3 > $ per share. 4 14 100 cum)i Inc Biscuits share 10 Sunshine ' 60% 24V8 28 21% 16 • per 53% Jun 16 Vb Oct 1,500 43 *15% 34% 333A 8 16 60 .42% 12 1 No par — pfd (4Vz% Oil Corp Sunshine Sep 41% Jan i—— A Sunray ■ 7,000 v 110 *42% 17 *15'A 27% 81/4 *15 3/i 42% 7% 13% *13 43 42% 22 105 Class 12,400 21% 20% 109 110 34 • Sun Oil Co per share —No par Corp •V $ Lowtest 1 $4.50 series A preferred 4,200 12% Chemical Year 1945 liitrhest =_5 - Camp Inc—,—->>^1 : prior preferred -A 20 • & Webster Wo par Studebaker Corp (The) Sun 27,500 47%:; 12% 20% 19 153A 21% 83A 47 12% 42 A. 15% 8% 8 mm 37 5% 10 8% 48% 1073/4 42 *104% Corp $ ;r 1— No par v 40 27% 47 122% *122 8 3/8 8 11% • ' Z - .= 103 36% 104% 104% 105% ,83/a > 11% 41 % 22% .> 33 * 47% 18'A 27% 22% 33% ■az'v 10% 33% 22% . .8% 34 ■ 1.800 67 *65% 67% 122% *122 - — Inc Stores : /. ;»Stokley-Van 50 122 3/8 . , Lowest Par Range for Previous Range Since January t! . V Stone 6,500 73/4 - 17 33% 32% 14% 106 5/a 67 103 ,28% ■ 14% 106 5/a 67% 40% -42% *15 3/4 14% 107% 67% : . 109 *103 107 *41 13 3A *106% 122 3/a > 21% 8,300 26,300 Bros Stewart-Warner 200 ; 213/4 (The) L S ' >?/>• 1 , j-./' 106% 19% •105 8,200 26% ''.17%- 133% * 45% 11% ■ *21% 21%' • ■ Sterling Drug Inc common—. 3Vz preferred — 4.800 106% 12% 50 11% 19 12% > 8%'A A x7% 51 11% * •*2L% 16% 48 51 26 25% 25 213/4 122%" *122 8% 8% 8% Sterchi 4,200 153/4 25'A 13%:;; 67 123 ♦122 123 8% 15% 15% 106% 67% 700 1,100 ; . 20% 106% Starrett Co 1043/4 *103 153/8 & "'' vi 49% 7 exchange •. Z. '• ' 1043/4 , 14% 14% 24 STOCKS NEW YORK STOCK v., •i't; " [ Shares 19 19 49% *21% . 18% ; *103 1043/4 ' ;> , 19 107% 67% 16 . '/■■: 16% A 26 *21% <. 21% ' • 183/4 48% A 50 • /!= A Xl4% 15% .A X25% 27% 27% *21% / 40*; 18% 48 42 *103 > 1043/4 *103 15 > the Week 42%:v42:^ 40 18 47 18'/a 49 Sales for - 1, $ per share 173/4 *38 41 40 43 18% 49% Nov. share ; 491/2 ♦18 $ per $ per share share ; Friday Oct. 31 A Oct. 30 Oct. 29 v Thursday ' V Oct. 28 Oct. 26 Wednesday Tuesday Monday Saturday A/■ HIGH SALE PRICES LOW AND , Lowest ■ $ per share ■ 't per share >/"•' ' Highest . $pershar$ u ' >55 :> 53 y4 51 55 13% 273A; 26% 13% *93% '93% 91% 93% *112% 131/2 12% 27%., 25% Z 91% 881/4 13% 92 113% *112% 113% 112% *112% 113% *107% 112 *107% 112 .*1061/4 112 *107% 106% *105% 106%: j X1053/4 1053/4 *105% 112 105% 21% 21% / 213/8 21% • 22 22 .21 118% Union 28% Union Bag QO 0'4 Union k *1053A xii2y2 13% 27% 26% 90 27 Vz 54 52 13% 26% *13% .13% 13'A 27'A >' 'H 51% 53 52 112% 112% 112 * ♦ii2 y2 *107'A 105% 21%: , 122 122 • ?V *107% *105% 21% 55 105% 113% Un El Preferred Preferred Union Oil Union :> 37% 37% 4% iion-cum preferred——100 Union Tank Car No par United Aircraft Corp ——5 107% 36% 36% 36% 363/4 36% 36% 19 19% 18% 19% 16% 107%' 107% *107% 109 23% *106% 108% *106% 108% 23% 24% 24% 26% >" 19% 119 Vz 109 .24% 107% 23% : 20 V4 107% 20 ♦107% 24V4 22% 24% *45 47 *66 69 *26 27 7 3/a • ,Z 66 26 • ■>v> 7% *81 3% 22 46% 45 Vz 45% 44*"! 44% 66 66 65% 66% 26 '> 33/4 46 10 10 *90 V> 94 *92 37 - *106% 203A 13% 37% 37% 38% iA'44. " 45 42% 44% 44% 207/s Z,A- 20%' 13%". 21% 20% 21 20% 133/4 12V4 13% 13% 108% IO8I/2 y4; 11% 93/4 lOVa 18 3/a *14% 173/4 17% 106'/a 18 *104% 106% ♦104% V; 14 15'A 107 ♦192 41% 41% 8% Z/ *191< 195 W 8 Va A/26% 17 5/a iV *10 •> 103/8 -«10 *39% 41 38% 39% 39 71 *67 70 70 55 55 53% 106 ,,105% 106 : •>. Z :> 106 U > 9% 31% 19 37% 53 3/a *67 , 51% :> 1 106 Chemicals cl conv 391/4 71 71 71 53 533/e 54%% Zv> 39 *70 105i/2 .543A 1051/2 >39% 71 1,500 ■■'>> • •;>> '58 105% f 300 6,200 170 - -. U S : 10 —- Pipe & Foundry Playing Card Co - 57% 3A 55% 57% 54% , 55% 51% 543/4 54% 55% 55% /- 57 12,500 U S Rubber Co. 37 59 41 ' 160 ♦1$ 160 *158 42 42'A 42 73% 74 74 703/e 70 3A 146% 146% r. 68 70 160 *158 43% 74 ;■>.>: • *74% >: *153 413A 41 40'A 75% » 68 69% 148 74 - 673A 148 'A ■ 158 z 156% : 413A 156% >; 40% 73 :> ,74 •:;> 703A 157 42 74% 70% 157 >». 42% 44 733A 300 ,,?>> 74 72% 146 3/4 73% >'■ 60,800 8% U S U S Steel • 147% . 147% 21% 22 21% 213/4 493A 49 3A 493A 493/4 5% 5% 5 3/4 5% 8 3/a 8% 8'A 8% *106 107 7% ■ *106 45 *19% 21 10'A For 10% footnotes 107 7% 7% ♦44 20% . 7% *106 7% 45 *44 6 21% 7'A 20 20 10'A 103/4 10 'A 103/4 page 2301. 21 7% 8 7% 7% 45 v. X146 , 493A 6 106 107 *44 146 6 •ZZ > 8% 19% see V>*48 '6'A 19% • 20 3A >•: 49 3A *48 • 146 106 7% 44 44 19% 19% 9% 10'A ■V. : 147% 21 493/4 % 21% 22% f. 493A :>. 6% 6%: 8 *48 8 3A •' *100% 7% *45 105 73A 22% 6% «• ,, ■ ./ . 7% 720 U S preferred—100 Co non-cum preferred • 104% vi 8 •. United Stockyards Corp„ United Stores 200 4,400 47% *45 48 20'A 20% 21 21 500 10% 11 11 11 3,700 • 100 $6 4% non-c 1 conv Universal-Cyclops Universal pfd— Steel Laboratories , ;* 9 7'% Oct 10 2 105 ' 7 50 Wall cum Sep 43/4 Sep 41 par 9 Oct 3 Sep'10 Corp 1 19% Sep 24 Inc__ "_1 8'% Jan 31 28 10 128 Jan 24 liy4 July 22 54 July 25 27% Feb 7 22 Apr 16 9% Jan 20% Apr 7 Sep Aug 25 Aug 104 Sep 31% Jan 22% Mar 66 Jan 26% Feb 7% July XIV* July 23 60% May 31 84 Apr 24 67% May 5 Oct 25. Apr 22 Feb 6 A 84% Feb 6 Z; 89 Feb 11 973/a Feb 6 166 Feb 16 29% Jan 14 55 '/a Jun 17 10 48 25 2d pfd„5 preferred ——Wo Paper Inc conv United $4.20 ,/ ,144 Sep 11 No par ;:. 20% Oct 30 ^— 9,900 Sep 65'% Oct Corp common___Wo par —J— 100 Tobacco 1% ■. 30 26 x72 Jan Jan 29; 62 May 22 .13% Jan 29 44 Jan 29. 253/a Aug21 . ——i—■■———__50 — 28 26 26 Sep: 9 Sep 9 Feb 26 40% Oct 50 2,600 6% 9 vH O O > 6,000 50 9 • Preferred 1,000 1st non-cum Smelting Ref & Min Preferred 1,100 > ;74% 146 3/4 8,300 4 10 19 Jan 100% 26* 10 15 23 153/e July 11 if 18% May 17 .32'% May.29 Z; 1093A July : 2 29% Feb 2. 132 May 29 "X205 Sep 11 473% Apr 20 98'% Aug 22 100 Sep 25 >>106 51% Sep 19 ;. f: 80 "155 Sep 24 187 10 - 30 30 : 93A Sep 19 1 —20 U S 10 U S Plywood Corp —— -1 33/4% cum pfd series A—_—100 -■—- ' 56 10 25 20% 109% 53% Aug 30% Apr 22 Aug 110 Jan 25 4-I preferred' 4% % 30 39% Oct 30 63/4 Sep 24 Sep 19 133% Jan 2 Wo par A—_—No par U S Lines Co 383/4 *105 & - 100 — Co-——--—-Wo par Leather Partic 39 105% 105% preferred Industrial S U S ;• 71 Z *105% 4%;% 41% 18% A " 91 9 39 Z 104'% Oct 93/a Sep 9% Oct 15'% Oct 106 Feb 13% Oct -93 Sep 192 Oct 26 Feb 90 Sep 10 2.50 : Inc.— Drug. Wo par —->-Wo par U S Freight Co_-_>—-iNo par U S Gypsuin Co -—20 7% preferred.——u———100 U S Hoffman Mach Corp^ 5 103/8 *67 100 Rexall $4.50 preferred : 29 173/4 : 13 Vz U S ;& Foreign Secur— 34% 40% ' CO 5%A,preferred Paperboard j 195 34 *90% 8% 53 54% *191 4lVz Oct 10 187A Oct 10 —Wo par Improvement Oct 12% Oct United 14% 104 Fdy——5 & new— United 10% 106% 101% 27 16% GaS Co 8 May 10 Apr 23/ May 1 Apr 12 Sep 5 7Va Jan 29; 567/o July 25 163A Aug 13 105% Aug 23 213/8 Feb 16 56 Jan 28 Oct 14 9 Oct 30 Oct 10 Oct 14 Oct 30 71% Mar 16 w 13 Oct 1 35ya Oct 11 5 Cos— 16 57Va 91% 40 171/4 89 Sep 20 United Merch & Mfrs Inc new com 1 17% V 19 13% 14% . ,'41% 403/4 8% 18% A = *105 91 91 10% - 17 34% •33% 18% ;Z 9% 106% 195 *13% , Engineering Fruit United - 11% >11% • 102 *10 18% • 100 273/4 • *104% 15 ; 42 83% 27 28 15% . : 10 105 91% 42 8% " 17% Z 106% 11% 9% *14 343/8 92 v *191 /: -33% 35% *90% 27% 192 i . ♦90% *343/8 . 11% , A. 103 A 106% 192 194 AA 14 105% / 107 United' ♦107% 109 *107% 109 11% 10% Coal Electric United 14% Cl ;■/ ;-Z 17% 10 • 23'A 6% .80" 31/4 44 93/a Preferred ———100 United . 21% 13% io8y2 12 12 363/4 62 1- Dyewood Corp— 54y< Jan Oct 30 33%, Feb 25 - United , 46% *106 3/4 12% •10% *104% 13% Co__1_—>-Wo par Biscuit Cigar-Whelan Stores——30c $3.50 honv, preferred—-ii^-100 United Corp common 1 $3 preference — 5 .. 45% 14% 22 United 7% 92 20% Z. 108% 12% 10% . 13% : Gz 45 - 14 137/a *90 92 10 No par Unlted-Carr Fast Corp—i->-Wo par 3% 10% ——-100 ; United Carbon *Co_^—-: 46% 133/8 45% 20% 3% 10%, Co—-—^—100 Inc Lines Air United 45% .. 46% ■ ' 7% RR preferred conv United 30% 7% 82 5% - 73 *27 .27 7% 13% 38% 133/4 37% Z'; 45 45% Pacific — 20 *70 66% 26 . 7% 471/4 ' 9% , 46 66 *77 92 Z' 26 - 19% 20 37% 14% 14'A 93/8 93% ; • 35/s ii *46 A. 46 V* 11 25% *6% •' •7%' 37% *44%. 8O1/4 3% 45% V ■'26 - 7.-"" :Z'80% •> *10 Z' 26 A ' IV2 >81 3% 3% 457/a . 7 81 / 84% 37% 24 • *106% 108% 37 36 Z 67 *44% a :■ ,108% 25 128 107% *107 No par 108% 107% i?:: No par series. of Cal'fornia— 126% 121 107% 119 Mr 121 > series $3.50 107% 118% 107% 120 Jan Sep Jun Feb Oct 21 Sep 110 Oct 102% Oct 32 Sep 18'/a Oct 106 Sep No par 23% Apr 3 i 39 May 29 * 10 125 Apr 18 10 115ya Jan 27 25 a 111 Oct 1 10 107'% Jun 28 4 29 May 11 10 168% Feb 7 10 120'A Mar 11 3 42% Jan 9 30 373/a Jan' 28 10 119 Jan 18 23 88 111 106 105'% pfd $4.50 ser Wo par $3.70 8094 May 27 Sep 24 12% Oct 30 5 No par Carb & Co of Mo 112 *106% 119% Co & Paper Carbide 49 No par Ruber Asbestos 105% 21% V 21% 21% ,125 Underwood Corp < 57 Deo 67 Nov 27% Jun 48% Dec 51% Jan 73% 144% Jan 52 > 72 Jan 77% Jan 89 35 Jan 46 Jan 176 853A Oct Oct Deo Oct Dec 58% Jan 135'% Jan 160 NOV 23'% Aug 32 Nov 46 Sep 50% Dec 4 Jan 8% Dec 4% ~Jan 16% Dec 121% Dec 98% 16 5 3% Jan Jan 25 Dec Jan 9 Dec ■ • V THE COMMERCIAL & FINANCIAL CHRONICLfi Number 4539 */^olume .fl64; 2301 V '' NEW YORK LOW Saturday ; -Monday . Oct, Oct. £6 281. . $ per share 93 63 93 ; 205 *198 • •198 29% ■" > 30 ,88 94 " ■ 93 *87% • the Week NEW 94 203 28 "*93 ' 95 *198 94% *198 26 shprfti, *93 203 < 203 200, 8 Vo v'z z Leaf Universal Range Since January 1 Lowest Highest i,/'. '> W0- far Tob—> . 92% Sep No par —100 preferred $ per share 187 28 % "29 89 v f 19 %( 88 19% >86% 18% 883/4 88% -t -29%' 86 %, 86% 18% 20% 20% 8 16% 17% 37% 39 i 29% 30% -88% Universal 5.500 *86'/a 28 330 Pictures Co Inc ■■■MVeHopreferred 12 26 ' —100 Oct 85 /_1 $ per share Highest $ per share 110% Jan lo 200% Apr 23 49% Jan 10 May 14 ' • Year 1945 Lowest ' z:: Z-Z Shares $ w$r share Range for Previous STOCK YORK EXCHANGE " ,*.»er *198 203 Sales for Nov. Oct. 81 /„» *93 943/v. -198 205' 29% 29 88 $ per share • STOCKS Friday /.Thursday ; //•Oct. 30 // fr$tper share*' Oct. 29 STOCK RECORD PRICES Wednesday .Tuesday $ per share , SALE HIGH AND Sep 25 30 101 Apr 75% 178 $ per share Jan 110 Deo Mar 200 NOV 23% Aug 48% Deo 9 < V ii v*•-.. <"*'<Hzy.:V*• 19% 16% 19 19Va 33 *83 101 *6% *71:: 120 : 120 18 18% •■'. >17 > 19 31 *32-; 90 *84 95 '•'/' *84 100 ■> 40 39% .41 ■•100% 103 *100% 6% 73% *71% - *119 6% 5VB 72% *119% 120% -.6% // 71 71 ■ '80% 47% *46 *86 89% *86 47% *37% / 6 5/8 73 38 38% 38% 38 % r *34 89 %- *86 89% 46 *45 46 *37% 38% ' ' : 35 % 34 34 *333/4 y i 37% 38% 37% 34 34 35% % 120 , ■f-1':''': ; 145 *140 145 *140 145 *135 35 x34 : 167 *141 167 *141 167 •141 *135 167 68 ;;$( 600 *35% •363/4 140 *141 . Va 1,000 140 167 *63 , 167 140 ♦141 140 *141 ?$?: div Co_6% Sugar Ry_ Sep 36% Sep class Dec 50% Nov 17 13% Apr 115 12 53 Feb 15 20 24 123% Apr 21 105 53 Deo 103 Dec Jan 29 45 V4 • 37/8 Mar 69% Deo ,• Jan •-Mr 81 124 Dec 118 Sep Apr 9 57 Jan 83 Dec July 3 45% Jan 55 Nov 36% JtmvT 43% NOV 52 Apr 10 29 «... Nov — 100 130 Oct 10 170 Mar 29 120 Mar 165 Dec -—100 Detinning 171 Sep 19 178 May 11 145 Mar 173 Deo 56 15% 34 105 Sep 11 86 Feb 21 64 Sep 78 Oct 10 23% Jun 14 13% Jan 20 Sep Apr 3 54 30% Jan 42 12 25% Oct 30 111 Co______ Preferred ' Deo 8% 45% Jan 30 Sep 24 Sep 24 33 Deo 104 Jan 24% — 997/a July 10 37 A_„___5 90% May 28 108 7/a Aug 23 45% Oct 30 . 24 V* 86% Mar May 28 12% Jan Jan Dec 22% Jan 10f 80 34% Mar 63% Sep 1183/4 Jun —_100 Jan 13 32 5% Oct 100 21% 30 51% Apr 30 29 No par Feb/'8/: 24 113 30 100% Oct partic .prefered___ (The) 19 100 ■ 26% Jun 30 5 pref_ 39 253/4 Apr 58 % Apr V 19 Oct 83% Oct ;„100 Works Chemical Visking Corp Vulcan 10 10 ^__100 preferred $5 30 15% Sep ,__100 preferred El & Pow 30 30 _2.50 — Pac Chemical cum 18% Oct 15% Oct 35 % Oct • Z.10 Va Iron Coal & Coke 5% pfd.__100 Virginian Ry Co__w__^w_„wr,-^w-^25 6% preferred 900 38% 38% r/p- & non-cum - (140 463/4 ■ Shreve Va-Carolina ,1^400 . Lu Inc Co No par -———-2.50 Chemical "Co 3 J/2%' 90 *87 >.46 ', ■ *140 Victor 3,100 74 120 120% > *120 120% > '45% 46% Vicks .40 ' *86 89% 46% 47:,/4 Vick 5% • " *86 : ' vr/V!'/ • Co Vertientes-Camaguey 1,000 103 6% 6% 73% Raalte 7,000 \ 42% 42% 103 Van 1,-400 95 *84; 37% *100% Norman 16,600 95 41% Van 800 32% 101% 69 3,900 18-% *88 '» Vanadium Corp of Am— .3,600 173/4 yf't 3?39' - .*31 90 *84 21 18% 18% 20 *84 33 90 33 87 : 6% • *119%: 121 . . 37% 40 6% *71 / 37% 100% 101 6 % * 75 . i 8% • 36% *85 42% 42% 38 *85 - 100 *83 157/a 31 85 •100 15% 17% 33 85 •.•'.43 *99 33 /:' - 100 >42 , 16 15 7 38 19 18% 94 15% 39 '; 33 *85 '.19 : 16% *38 : ; " 19% 19 16 10%. 38% *38 • (■•' 19% W "60% 64% 17% 107: 28 > . 106 28 10% . 106 105% 105% 17% 17% 17% 17% 25 25 24 24% 25 3/s 25% 25% 27 27% *25% 27 27 9% 9% 16% ..14%. 173/4 24 25 25 263/4 27% . 20% 21 ; 21% 21% 24 23% 24 *23% 24% 37% 373/8 36% 37 36% 36% 10% 10% 10% 11% 10% 103/4 *33% 34% 33% 33% 33% *86s/e 88% *86% 88% *86% 118 115 •13% * 40 116 62 62 14% 62 6 . 61 *78 33% 34% 30% *110% 111% 110% 1103/4 34% t" 343/8 111 111; 117% 116 % 116% 118 119 270 111% 114% 109% 110% 110 110 120 114% 114% 114% 114% 130 117 111% *114% 113 114% 35 35% 36 103/4 10 10% 103/4 34% 34% 87 87 19% 5, ■; 32% 34 '26 34 393/4 40 , 2,400 ; 36 . : 1,400 f iio% *36 200 - 10,100 120 113% 40% <40% 115% 2,100 113% 12% 13% 13'/a 14% 13s/8 15% 5,600 Western Air Lines Inc 61 64 65% 65% 65 66 3,200 Western 6% 63/4 3,800 Western 38% 29% 116 *113 5% 6% *13% 16 *14 16 16 30% 33 x31 33% 79 78% 79 X77% nvs .*77 18% 19% 18 Ya 18% 19 *11 T 63/4 16 33 193/4 "113 : 6% 18 36 2,900 *78 81 *12 Western 500 21% 21 21% 13% Preferred series r: 21% 11% 113/4 *11 30% 30 30% 29 293/4 29 303/4 30% 31 31% 32% 10,000 Westinghouse Air 24 ya 24% 233/4 243/8 23 23% 22% 23% 23% 24% 25% 40,600 Westinghouse 35 % 36% 36% 35% 35%': 353/a 35% 35% ; 600 *49 50% 50% 1,200 so /v* *34 . " 36 *35% ■ 50 33% ;c *60 "' *40% 69 101 101% 101 101% 40 38% 38% 41% 69 47 46 *32% *100 100% 1003/4 *60 69 *60 49 32 100% 100% 100% *101 49 ' 34 34 35 *100% 13 49 . 101% 39% 98% 101% 37% *98 99% 98 98% •31 32% 31% 313/a 30% 24% >23% 24% 13 '''• 23 23% 123/4 22 % 23% 123/a % 101% <700 - 993/4 100 'f' '• 450 30./ 30 303% 303/4 500 23% 24% 25 12% 100 *81 90 : *81 90 *83% *30 333/4 *30 34 *30 34 H ' *6% 63/4 6% 10 % 103/8 10 Va 13% 14 133/4 17% 17% *145 6% 10% 14 *97'/a 17% *42 49 153/4 53% 87% 87% 92 >92 *88 m *83% 41 • 41 53 15% es 67% 15% *85 , Z 15 • Z 161 > 43% ■ 56 89 *85 : 44 a *84 •*88 92% *88 *84 -86% '*84 68 *67% 15% 14 V* 15 83% •>> ; ;> 100 190 16% Co 700 17% 2,800 - Tuesday Oct. 28 Oct. 29 $ per share $per share share Thursday Wednesday 'Friday Oct. 31 39 Inc—- 118% 101 Jan 112 113% Sep 118 3/4 ■ Deo 3% 10 Jun Feb 37% Jun <! Jan 57% July ; 82 56 Oct i Oct 10 35 Oct s 17 27% July 38% Deo f 31 Ya Aug 37% May 37% May 50% May > 45% -Deo •>; Jan 26 V4 29 7 63% Jun 45% Jun 27 107% Jan 31 30% July Feb 18 Aug 20 72 Jan 11 106 Jan 16 62% May 29 107% July 26 Jan 27% 105% Deo 64 Jan 78 •Feb; f; 107% Jany : 101% Aug 31% Jan 87% 21% Jan 44/: Jan 28 26% Jan 8% 23% July, 10 Deo. Oct * 31% Deo f I v >,47% Dec;' 83% Jan 94 May 21 30 Jan 35 12% Jan 29 ^6% Mar 12 Deo 26% Jan 9 18 July411 36 17 10 -; Jan 105 30 11 16 16% Mar 26% Jun ; 19% Nov U 22 Deo 21 10% July 10 Jan ?eo Ti Jun i Oct 101 v July 26 .213/4 Feb 4:7 Jun 14 •13% Jan 128 Jan 160 52 May 31 62% May 29 22% Jan Sep 19 84V2 Sep 30 87% Sep 27 74 Mar 47% 103 Jan May 28 44 Dec Oct 5- 142 . / 43 100 34 Feb 26. 433/4 Sep 10 pfd—100 •; Jun 43 y8 Aug » 45 . .TSysOct 29 ' Deo 14% 393/4 Jan 30 ;• 12 Ve Sep 19 95% Sep 24 gNo:par - 14 Deo 61 64% Jan Apr 24 533/a Jan 14 32% Jan Oct Deo Deo Deo Dec 41% Jun Nov 40 Jan '3 . 115 223/4 Mar 106 101 Oct 30 May 63 —:No par z* 10 Nov Jan 9 100 Oct 22 37% Sep 10 93% Sep 19 27% Feb 26 22% Oct 30 Co———————1 preferred .. the Week $ per share' $per share . 47 100 103 106 80% Sep 5 69Va Oct 7 14 Sep 19 1383/4 37 •53% ( Deo NOV Deo I; 40% Jan Aug 13 Apr 25 38 Jan 70 Nov 79 Jan 100 Nov May 10 Feb 4 80 Jan 75 Jan 100% Nov 110 Nov 82% Apr :25%Jun 69% Mar 1 84 f Oct 6 15 15 ; 18 34% •■</> 18 14% 35% <15 34% • 14% 63% /64&/.W >62 17% 18 ♦17% .63% " 18 13% .14% 16% 59% 62% 16 37 35% 15% 143/4 17 - 17% .343/4 343/4 17 17% : 63 ■',61' 17 16% v , 37 i43/4 153/8 66% 17 . 19 63% * : 18% 39 37% 15% . 673/8 17% 18% 1,400 19% 65% : ,16% 19% ; ■' -8,600 2,200 , < 13,000 3,000 , / t' '■ "1 >' J, i>... Corp Spring & Wire— No par Youngstown Sheet & Tube_ -No par Youngstown Steel Door -No par ' 15% Oct 30 ; 57% Sep 24: 19% 20% 9% and / 20% 9% 93/e ( 19% 19% 9% " ' "9% asked prices; no sales On this dap. f'v- ':: ' Z: 19% 209/& 9% 93/8 • r :• m recelveremp. 22 21 9% » 9% 22 . 23 Deferred delivery « 4,000 feenith Radio Corp 10 9% 5.70C Zonite fttoet. » o«mii W/V z >'•'? >;'•/' ■•'.' s Products Corp Special Bales, 1 • 83% May 31 31 Jan 29 : 32% Jam 47% 13 Vb Jan 24% Oct 19J/4 Jan 31 % Deo Deo 29% Jan 20 Mar 703A Deo 27% Sep ; 1 tt >/•'• ? JNo par - Oct 30 16 <" WA 1 .27% Jan 31 35% Jafl i'7 13% Oct 30 , Young /' -fyv'i Highest $ per share /;. $ per share 'f'v' 61% July (JCt 10 33 Yale & Towne Mfg Co York: Year 1945 Lowest - ' '■■i:1' ('--"• $ per share $ per share Par Y :fr 17 . -r . ' 27 Range for Previous Range Since January 1 Lowest Highest EXCHANGE, Shares f- •Bid 37 .113% Jan 11 29% Sep 10 99 Sep 26 No par —Nopar NEW YORK STOCK Sales for Nov. 1 I-'vV^'r 9% Nov 89%. Nov 23% Mar /STOCKS Oct. 30 $ per $ per share 20 38% Apr 109% # LOW AND HIGH SALE PRICES Monday Oct. 26 .?P 116 y» Apr 35 Jan Jan 100% 6 117% Aug 7 1193/4 May 16 53% Jun 10 . Oct 28 Oct 10 — & 122% Feb Dee 24 84% ■ Saturday *35% 12.50 Prod — . 30 68 17 " 86 67% 68 14% ■ ;> .Woodward .Iron Co — 10 Woolworth (F W); Co___ 10 Worthington P & M (Del)—No par Prior pfd AVs% series : 100 -Prior pfd 4.V2 fo conv series—100 Wright " Aeronautical——.—No par Wrigley (Wm) Jr (Del) No par Wyandotte Worsted Co new. 5 8,600 4,200 - 94 92% 83% *88 - conv $4.25 200 . > - 89- *66% 86 Instrument Wilson-JoneSyCo 1,300 * 50% / 16% Oct 30 Wisconsin El Po^ Co 6 % 56 189 yB Aug 8 45 Apr 30 119* Aug 1 May Oct . 2,400 > 9 / 18% 11% 26% 225/8 35 12/2 -Prior 14% 17, 161 49 ■ -95% 52 3/4 87% •' , *42 ■ ; . 50 48 " $4 Z 99 *145 67% 92 67% / »*16% *41% 48% 54 89 ' *96% 17 *145 48 . 143/4 97 *16% 157/? <7% , 483/4 14% 13% 1 161 *145 44 473/4 55 3A 67% f.; 14;. 97 ,55 > '-V'.C • 13 97 16% 161 15% 103/4 97 133/4 99 13% 98 44 16' . 6% 10% *84 se¬ ' 6% 10% *86 94 •83s/B 16 X6% <>?-9% 483/4 89% *92 67% >, 103/a *42% •■ 55% / :6% 9% ♦145 49% 55% *6% 161 *145 44 49% *86 17% « (, 161 ♦42 Z 98 100 *97 6% 10% ** % 71 White Sewing 90 34% Deo j/30% Jan 16% Apr 20 43% July 11 30 V2 Wilson 90 *30 "47%"" 47% Jan 31 13 % 13,100 *81 34% Deo 17 3,200 90 *30 333/4 Mar 14 15,100 *81 35 20 5 323/4 Jan 113/8 90 *30 Deo 10 56y2Jun 63/4 > : 6% 13% *81 . Motor 32 34% Feb 29% Sep 2 Mach Corp. 1 ll3/8 Oct preferred—-/---No par" 8iy8 Sep preferred -—.£.-20 x33% Jan Wilcox -Oil Co——Z—5*: .>53A.Oct Willys-Overland Motors——1—1 ' 93/fe Oct *13 > White 3,300 13% 13% 13% 6,200 . 21% Nov 35% Mar 14 ' 14% Aug 24% Jan ; Sep 24 Brake--u-No par Corp 12V2 Chlorine 14 27 ; Wheeling & Lake Erie Ry-—_i00 5%% conv preferred-100 Wheeling Steel Corp___ No par $5 conv prior pref.—No par White Dental Mfg (The S S) -20 100 .42% 303/aJun Deo 16 com JVo par __ $3.75 preferred Deo Jan 50 4% Jan No par Elec Westvaco Deo 105% 13% Jan 16 B Weston 69 101% 41 , Class Preferred 140 23 30% 24% *60 100% 993% 99/ 323/4 113/8 69 -41% '■v 600 . 1003% 101% -v: 39% 993/8 123/a 3.1 *60 39 *98 / 50% 100% *101 101% •31% 13 49% *32% •100 69 *60 -r . 35 100% 200 16% Oct 5% Sep 19 14 Sep 12 Jan 57 Electric £35% 25% 35% 13 Oct 32% Jan A 30% *11 83/4 ? ( 29% Apr 90% May 14 .—10 Co Pacific RR Co Deo / 91% 100 Supply Western Union Teleg class A_No par >20,600 14 Auto Sep 14% Jan 50 12% Oct 30 1 Maryland Ry_-——100 non-cum 2nd preferred---100. 100 35 80 Z p/ *16 34% ♦12 10 Deo 18% July 19 20 . 2,500 87; Deo 110% Aug 1% 233/4 Aug 29 . 7,900 , 105 Nov 1 17 1077/8 Feb 30 -No par 13% 40 19 80 19% 800 *86% 35% 33% 33% lr700 • , , .27 ■ 26 79 16 34% ,22 863/4 6% 5% 16 *13% *13%' *33% ..273/8 33 ;> ; 116 12% 6 53/4 27 243/4. 163/4 Oct Mar 26 20% Jun s 23% Oct 30 Warren Petroleum Corp 18% Jan 24 Washington Gas Lt Co «-,No.pcr s 26 Oct 30 Waukesha Motor 201 Sep 10 Wayne Knitting Mills 5 203% Oct 10 Wayne. Pump 31 Sep 20 >'/->■ Webster Tobacco Inc _5 9% Sep 19 Wdssori Oil '& SnowdriftINo par g 31 % Sep 19 $4 conv preferred :_-rNo j»ur 85 '/a Sep .30 West Indies Sugar Corp—29 Sep 10 West Penn Electric class A—No par 108 Sep 25 7% preferred 100 115% Jan 4 6% preferred : —100 106 Sep 13 West Penn Power 4%% pfd 100 1133% Oct 8 West Va Pulp & Pap Co—-No par 35 V* Feb 20 4%% preferred --——100 111%, Sep 16 1,400 •». 5 Warren Fdy .&.Pipe 1,400. 63 393/4 *114 13% 14% 62 6 40 *114 40% 40% •114 ■ 26 25% -22 22 >• Baking Co common 1 5%% preferred »; .»——_100 Warner Bros Pictures new Apr 29% Oct 24 9lA Oct 30 xll% Mar 15 100 Sep 24 Ward 140 45,500 T 863/4 . 117% 114% 25% 27, *21%; r (Hiram) G & W pew No par Walworth Co : -No par 10,000 18% 31% . 111 115 25- *26:: - *25% 24% - 17%; 105% 18% :' 88 Va 117% *111% 114% 105% 333/4 111 113% 25 261 516% 18% 10 z 35 113% - 16% 105 V* 17V# (23 % 35% 118 113% *11414 26 f, < 11 % *.100 Walker 24,600 12,600 24 111 *114% •111% 233/4.; 25 10% : *105 ,24 • 10% 16 .. 17% 28% 20%' 34 33% ,16. 105% 27% preferred System ..Nonpar Walgreen Co--.———~.~—No par 4% preferred ;_100 100 23 i 111 35% 1U% 118 : 9% Waldorf 2,400 105 105 Wabash RR 4% % 20% > »118 343/4 lUVa • 103/4 ,23% | , 22 '26% 37% . 27 26% 10 • 18 37% 105 *105 105% 24 : 105 106 . 64 18 37 9% : 17 24 v *21% 17% 36 253/4 105 * 17 % 345/a 300 900 64 - 18 105 27% 16% 17% 163/4 105% ! 17% : 107 26% > 34% 173/8 107 63% 63% 343/4 93/4 17 17 17% 34% 27 10% 10 17% 35 *106 28 • 63% 17%^ 35% *106 *60% 34% 17% 35 63% 63% c; \\ . 19% Oct 23 9 wd When distributed. Sep 23 - 428/8 Jan 15 143/4 Apr 18 x-Ex-diVldend». 34% July 5% Jan y Sx-rlghts, 44% Deo 12% Deo THE COMMERCIAL & FINANCIAL CHRONICLE Transactions at the New York Stock Transactions at the New York Curb Exchange Exchange Daily, Weekly and Yearly Stocks, ,l ':' Week Ended Nov. 1, 1946 Foreign Bands, Bonds Monday Tuesday"""""" Wednesday — II. Thursday yr^oy ; — >. 1,694,810 - - „ TOtal $1,307,000 3,614,000 ' 4,075,000 4,263,000 6,369,000 7,124,000 285,790 994,720 1,238,340 1,935,640 - 1,666,670 , $26,752,000 7,815,970 ' $77,000< 189,000 158,000 312,500 264,000 242,000 ,, Foreign Railroad & Industrial Total-!.,-—.— Vf- 1946 197,000 249,000 55,000 234,000 41,000 293,000 22,400 • 500,460 179,000 252,000 2,006,385 ' > 167,000 443,320.; V $1,048,000 1945 ' 17,000 186,000 $163,000 $14,000 ; Week Ended Nov. 1 1946.; .307,061,521 311,723,041 Stocks—No. of shares. $18,591,500 $6,648,750 68,384,200 82,899,660 1,061,899,200 £1,881,805,800 $761,500 2,100,600 29,097,000 $1,225,000 - Domestic , i ■' f •,« < 1946 121,564,625 Bonds $1,048,000 $2,493,000 163,000 123,000 14,000 17,000 $1,225,000 Foreign government Foreign corporate Stock and Bond . 4,365,576 .w $2,633,000 ... Total. > Jan. 1 to Nov. 1 \>;V 1945 2,006,385 $31,959,100 $1,148,874,900 $1,971,354,210 $28,045,000 — $66,000 20,000 20,000 359,505 Total.. ■ ;I:;; 8,543,975 26,752,000 1 $10,000 170,000 Jan. 1 to Nov. 1 1945 $50,500 1,242,500 $56,000 * :Frldav^-— dona* U. S. Government Total Corporate r. 315,910 :■■■ - Thursday 7,381,000 15,000 ■ • Foreign : Government ■".312,880 ^ , Wednesday, . 6,633,000 ^1— Domestic 74,310 Monday Tuesday 4,575,500 * (Par Value) ': Foreign Shares) Saturday $1,242,500 1940 7,815,970 .'..Week Ended Nov. 1, 1946 3,815,000 4,256,500 23,500 Bonds of . $1,384,000 $12,000. Week Ended Nov. 1 Stocks—No. of shares (Number \ i .Sales - Saturday Stocks , Bondi Government Bonds and Miscel. Shares • Daily, Weekly and Yearly Total United States Railroad . Number of Monday, November 4, 1946 " i - 1945 , .; 100,292,548 r:y ; ... • $58,708,000 $114,494,000 10,241,000 27,371,000 453,000 1,002,000 $69,402,000 $142,867,000 Averages 11 1. ■ • the daily closing averages of representative stocks and bonds listed on the New York Stock Exchange as compiled by Dow, Jones St Co. Below are $ flfawVi ' .... ' • 10 f",i $;•. - -Bonds— Bonds 20 15 Indus¬ Rail¬ Utili¬ 65 Indus¬ Grade Grade trials roads ties Stocks trials Ralls Rails 61.13 103.81 110.39 30 {fo'ttfi' /V-* '1 bate— October 26__. October 28 169.15 __ . ' ; - ' 34.43 60.24 103.86 110.05 103.81 109.74 103.34 109.76 40 89.09 Bonds 107.01 89.32 59.64 Total ties 89.42 59.64 19 Utili¬ 89.89 34.38 49.06 171.76 Bond Record Second First. 34.23 47.09 _ 10 46.64 * 164.21' 164.20 October 31— . 46.52 . October 29 October 30 November 1 34.97 47.80 / , Total ' 10 T' 102.77 106.97 102.57 107.04 102.47 107.01 , 102.42 35.20 61.75 103.86 110.03 i< 89.98 107.04 102.73 35.67 50.63 62.94 103.89 110.53 90.61 107.03 103.02 New York Stock tf» FRIDAY WEEKLY - - Exchange YEARLY NOTICE—Prices are "and Interest"—-except for Income and defaulted bonds. Cash and deferred delivery sales are disregarded In the week's range, unless they are the only transactions of the week, and when outside of the regular weekly range are shown in a footnote in the week in which they occur. No account la taken of such sales In computing the range for the year, iv The italic letters In the column headed "Interest Period" indicate In each case the month when the bonds mature. - Figures after decimal point represent one or more LOW AND Monday •'*? Saturday Oct. 26 uV how Low High HIGH SALE Tuesday Oct. 28 . Low High High Oct. 30 ■ a point. PRICES Wednesday Oct, 29 of 32d Low Friday V&' Y/ Thursday v Oct. 31 ;> Low High High, : Nov. 1 Low ; - High <; y Sales for GOVERNMENT the Week' Bonds ($)' > BONDS Range for Previous NEW YORK STOCK Range Since Jan. 1 .' exchange ' Lowest Highest ♦103.11 103.13 *103.11 103.13 *103.11 103.13 ♦103.11 103.13 *103.10 103.12 *103.10 103.12 Treasury 4%s ————1947-1952 ♦106.23 106.25 *106-23 106.25 104.14 July 12 *106.23 106.25 *106.23 106.25 *106.23 106.25 *106.23 106.25 •108.28 108.30 *108.28 108.30 *108.28 108.30 *108.29 108.31 *108.30 109.1 Treasury 3 Vis Treasury 3s 110.3 Jun •111.27 111.29 *111.27 111.29 *111.29 111.31 *111.29 111.31 *111.31 112.1 112.21 *102.20 .102.22 *102.20 102.22 *102.20 102.22 *102,20 102.22 *107.11 107.23 *102.20 102.22 *107.10 1 07.12 *107.11 107.13 *107.10 107.12 *107.10 107.12 *112.11 112.13 *112.13 112.15 *112.13 112.15 ♦112.15 112.17 *112.27 112.29 *112.28 112.30" *112.29 112.31 *112.30 113 ■- 107.13 ♦112.16 113.2 > 111.31 109' V 112.1 107.15 *112.17 112.19 *113.2 > *114.11 114.13 *114.14 114.16 *114.15 114.17 •114.21 114.23 103.7 *103.5 103.7 **14.18 114.20 *103.5 *103.5 103.7 *103.5 103.7 *103.4 103.6 *104.23 104.25 *104.23 104.25 *104.23. 104.25 *104.23 104.25 *104.24 104.26 '*104.25 104.27 *105.16 105.18 *105.16 105.18 *105.16 105.18 *105.17 105.19 ♦105.17 105.19 *105 105.2 *104.31 105.1 ♦105 105.2 *105.1 *105.2 105.4 *106.27 106.29 *106.30 107 *106.31 107.1 *106.31 107.1 & *104.19 104.21 *104.22 104.24 *104.25 104.27 *104.27 104.29 *104.4 104.6 *104.9 104.11 *104.10 104.12 *103.25 103.27 *103.29 103.311 *104 104.2 103.30 *105.16 105.18 *104.31 105.1 •106.29 106.31 *106.28 106.30 *104.17 104.19 *104.17 104.19 *104.1 104.3 *103.19 103.21 t *104.1 104.3 *103.19 103.21 *104.2 104.4 103.19 103.19 105.3 *103.5 103.7 ♦103.17 103.19 *103.17 103.19 103.20 •103.22 103.24 103.16 *103.15 103.17 al03.15al03.15 *103.18 103.20 ♦103.27 103.29 *103.24 103.26 *103.28 *103.14 *103.13 103.15 *103.14 103.16 r *103.14 103.16 *103.17 103.19 *103.23 103.25 *103.24 102.12 102.12 ♦102.17 102.19 *102.27 102.25 *102.24 - 102.26 *103.26 103.28 *102.11 102.13 *102.13 102.15 *105.17 105.19 ♦105.17 105.19 *105.17 105.19 ♦105.19 105.21 ♦105.22 105.24 102.13 102.15 102.15 102.13 102.13 •102.17 *105.16 105.18 *105.16 105.18 *105.16 *103.26 103.28 *103.27 103.29 *103.27 109.24 Mar 28 111.18 Feb 19 111 1U.27 Apr Aug 23 115.26 Jan 17 112.17 Aug 105.14 Jun 114.25 Aug" 2 3 109.22 Feb 6 108.27 Aug 110.15 Mar 113.12 Aug 12 115.23 Apr 15 112.10 Jan 113.3 113.3 1 19 112.21 Jan 113.2 Jan 116.16 Deo J; ; 106.6 Oct 107.15 Apr Jun 1948-1951 1951-1954 1958-1963 1960-1965 Nov. 1 Nov 118.15 Mar 12 118.23 Feb 106 106 Nov Dec 106.11 Mar" 113.20 Nov 413.30 Oct 1948 1949-1953 — .1950-1952 Treasury 2%s. Treasury 2y2s Treasury 2Vzs Treasury 2y2s Treasury 2y2s ——1952-1954 Apr Apr 2 106.16 May 107.15 Jan 28 106.28 Sep 107.25 105.29 107.5 Jan 17 105.24 7 108.4 Jun 7 105.19 Aug 107.1 Jun 108.15 Nov 1 107.27 Apr 2 100.28 Jan 103.4 102.17 Aug 102.9 July / Aug 19 1956-1958. 108.4 1962-1967 105.22 May 1963-1968 104.9 Jan 10 107.4 Apr 16 100.18 Jan 103 Jan 4 107.9 Apr 9 100.17 Jan 6 100.15 Jan . . —June 1964-1969 Dec. 1964-1969 Jun 102.22 Jan Sep July Treasury 2Vis Treasury 2y2s 4 107.19 Apr . 1965-1970 102.11 Jan 2 107.9 102.2 Feb ; . -1966-1971 102.11 Jan 4 107.10 Apr 5 12 100.10 Jan Treasury 2^8 4,500 *105.25 105.27. *102.11 ■ 106.13 NOV , 5,000 Highest 104.27 May 16 . 103.26 *103.18 iqsi.iqss . ——1955-1960 Treasury 23/4s Treasury 23/4S Treasury 2 Vis Treasury 2y2s Treasury 2y2s *114.24 114.26 • I Treasury 23/4S —————1956-1959 113.4 Lowest 1949-1952 Treasury 2%s Treasury 2%s Treasury 2%s *102.21 -102.23 *107.13 112.18 *113 *108.30 :* , Year 1945 ' 100.18 102.3 Feb > June 1967-1972 101.16 Jan 4 106.15 Apr 6 100.20 Aug 106.28 Apr 30 109.15 Feb 18 101.15 Jan 106.15 Aug 12 106.16 Apr 106.15 Aug 108.17 Aug 12 104.22 Sep 17 108.17 100.29 Jan 2 104.16 Apr 5 101.4 Jan 4 104.7 Apr 3 102 Apr 29 102 Apr '29 10,000 Treasury 2J/2s Treasury 2y2s 14,000 • Treasury . Sept. 1967-1972 . Apr Jan 102.7 July 100.30 Jan 101.24 July 107.28 Dec 8 100.23 Dec 101.15 Dec 12 106.29 Oct 107.26 Aug 12 107.14 Apr 3 108.21 Nov 108.21 Nov 100.27 Jan 105.1 ' *102.23 102.25 ♦102.24 105.18 102.19 ♦105.19 -105.21 *105.20 105.22 *105.18 105.20 Treasury 103.29 •103.28 103.30 *103.29 103.31 *103.29 103.31 *107.4 107.6 *107.4 107.6 *107.4 107.6 Treasury Treasury 102.26 *104.30 105 *104.29 104.31 *104.29 104.31 *104.31 105.1 *104.31 105.1 *105 105.2 Treasury 2Vis 2ViB 2yis 2 Vis 2y4S *101.25 101.27 *101.27 101.29 *101.28 *101.31 102.1 *102 102.2 *102 102.2 *101.25 101.27 *101.27 101.29 *101.28 101.30 Treasury 2V4S 102.2 *101.13 101.15 *101.12 101.14 *101.12 101.14 ♦101.12 101.14 .*101.12 Treasury 2y4S 101.14 *101.1*3 101.15 *101.11 101.13 ♦101.11 101.13 *101.11 101.13 *101.12 101.14 *101.12 Treasury 2s 101.14 *101.11 101.13 Treasury Dec. 1967-1972 *107.2 *102.14 107.4 102.16 •107.3 ♦102.14 107.5 *107.3 102.16 *102.5 102.7 *102.5 102.7 *102.11 102.13 *102.11 102.13 *102.13 102.15 *102.13 102.15 *102.14 *102.16 102.14 102.18 *102.12 102.16 102.14 102.16 101.30 102.16 102.1 *101.31 *102 102.16 *102.14 *102.14 102.2 102.16 *102 ♦102.15 102.17 Treasury 1951-1953 . —1952-1955 . 1954-1956 1956-1959 . . —June 1959-1962 — —March 1948-1950 Dec. 1959-1962 1947 2s 2s .. Dec. 102.7 •102.6 102.8 *102.6 102.8 *102.6 102.8 *102.11 102.13 *102.13 102.15 ♦102.14 Treasury 2s 102.16 *102.13 102.15 Treasury 2s *102.13 102.15 *102.14 102.16 102.16 *102.15 102.17 *102.14 102.16 Treasury 2s Dec. 1949-1951 *102.15 102.17 *102.15 102.17 Treasury 2s -March 1950-1952 *102.12 ♦102.14 *102.17 102.14 102.19 *102.18 102.20 *102.20 102.22 *102.19 102.21 2,000 Treasury 2s June 1949-1951 103.9 Jan 17 103.9 Jan 17 103.7 Jaa"E 103.22 Feb 6 102.21 *102.19 . 102.21 *102.20 102.22 *102.21 102.23 *102.23 -Sept. 1950-1952 102.25 102.16 Oct 28 ♦102.23 102.25 102.29 *102.27 *102.27 Treasury 2s . 102.29 102.29 1951-1953 *102.28 102.30 *102.29 102.31 102.20 Oct 18 *102.28 102.30 *102.21 102.23 *102.21 102.23 Treasury 2s . *102.22 102.24 1951-1955 *102.24 102.26 ♦102.26 103.13 May 16 103.15 Aug 20 *102.23 *102.27 102.29 102.25 •102.23 102.25 *102.24 102.26 *102.26 102.28 *102.28 102.30 *102.29 *105.10 102.31 105.12 *105.10 105.12 *105.10 105.12 *105.11 105.13 *105.11 105.13 *105.11 *101.3 105.13 101.5 ♦101.3 ♦101.4 101.6 *101.4 101.6 *101.4 101.6 *101.4 *101.2 101.6 101.4 *Bid and *101.3 asked 101.5 101.5 price. *101.3 No sales 101.5 *101.4 transacted this 101.6 day. a Odd *101.4 lot 101.6 transaction. *101.4 101.6 —June 1952-1954 Treasury 2s Treasury 2s Treasury 2s — Treasury l3/4s Treasury IVis —Dec. 1952-1954 104.3 Mar 15 104.14 Jan .1948 . .a 1950 28 103.13 May 13 104.26 Feb 18 103.28 Oct 102.9 Jan 104.24 Jan 102.20 May Apr July 102.27 Jun Oct 102.26 101.29 Jan 103.5 Dec 103.8 Nov Dec Oct 102.10 Feb 103.16 100.25 Jan 103.30 Dec 103.1 • Sep 103.1 Sep 100.17 Jan 104.4 Dec 102.25 Sep 24 104.29 Feb 106.12 Jan 106.12 Nov 101.14 101.31 Mar 101.9 Jan 101.23 102.17 Mar 100.26 Aug 1953-1955 . Dec 102.26 Sep 102.21 July *102.19 102.28 Nov, July 102.26 *102.27 v 100.27 101.12 104.24 Sept. 1949-1951 . 300.15 Sep 100.18 Dec Feb 102.3 1948-1950 *102.5 ) ' *102.12 107.5 . 2 101.3 May 17 Sep 20 21* 100.13 Jan 104.6 Deo Apr 101.19' Deo „ Volume 164 Number 4539 ; ; ; THE COMMERCIAL & FINANCIAL CHRONICLE ' 2303 ' NEW YORK BOND RECORD NOVEMBER 1 RANGE FOR WEEK ENDING ".'•V N«v BONDS Tork Stock Exchange • t .■"r.:.'*:V> New Tork ! City Ported -0 0'"j { '• U. B. Government Friday Wcek'a Range " Laat * er Sale Price BONDS Friday's Bonds Bid A Asked Low Sold New Tork Range Blnee January 1 , .*•• Corporate Stock or Friday's Range Blnea January 1 Bond* Bid A Asked 4 Sold High Low Colombia ,i 115%.' Week's Range L»»V Sal* Price High • 1980 Friday Interest Stock Exchange Parted 000 -Transit Unification Issue—. 2% V v Interest ' - .V.. il5%'115% 31 A 6s i A 6s t 113% 123% 3s (Republic of Oct 1961 i A Colombia A-0 Jan 1961 1927 external J-J f $ bonds s Mtge 81 Va 90% 60 58% Low No. 1947 f-A •50 1952 J-D 95 1953 M-N 91 ,;7' 91 91 1951 M-N 19% 19% M-S •103 1949 — f-A •100% J-D 59% siy* 21% 1949 gold 4%s ACosta Rica (Rep of) 7s Cuba (Republic of) 5s of 1914 56 51% 58 •50 ♦50 1946 » 70 51% A-O 1947 ASinking fund 7s of 1927 (City) 5s : 91% 86'/2 ,59 M-N 6%s 25-year (■ 81% 1977 Bank i Copenhagen > 89 >v ' 86% A-O 1970 ASinking fund 7s of 1926 <) High •85 of)— Of 1928 ;< - . :7 } .'95 100 91 96V\ 99 V* 88% / - 7 39 19% f 106 111 104 110 108% ' External Foreign Securities loan 4%s 4%s external debt... Members New York Stock 120 A-O 115 A-O 110% 117 Exchange 20-year extl 6s .1942 External gold 5%s .1955 f-A A-O ,• ' 1947 F-A A-O (King of Norway) 4s (Dept) coll 7s A 1968 J-J 1 178 series D __1945 J-J f ^External s f 7s series !^Sxternal s^8 series erna* AExternal s f 7s s 1st series J-J 1957 Antwerp (City) external 5s (National Government)— external 4%s 1948 8 f conv loan 4%s 1971 f s Stamped r „ •9918 10214 99 31 (Central %s J-J 2 *66 71 J-D 59 60 118*" 72 64% 3 1979 A-0 68 68 A-0 ^66 75 1979 A-0 63 1952 J-D *66 1 85 A Sec 58 3-D 85 63% 58 76% 65 84 77 .':Y- 76 58% 59 3 58% *58 58% 58 58 59 59 68 63 77% 9_. *78 79 Yt *78 77 82 %8 Series No. 11 •55 56 65% No. 3%s vy:fL.:.u 12 >•557,: 70 No. 13 Series No. 14 *55 7 56 56 %s Series No. 15 •55 3%s Series No. 16 •55 Series Series No. 17 Series No. 18 Series No. 19 No. 20 Series No. 3%s Beries.,No. %s Series No. 22 %s 3%s Series 3%s ■ ,„ . Series No. No. 25 %s'Series No. 26 3%s Series No. Series No. M . *55 28 s Aires 1957 100 ...—.1958 1950 f 1977 i 4y8-4%s f 4%-4'/28 4%-4%s f 4ya-4%s M-S external s f $ bonds 1984 s X assented A6s . Feb 1961 assented A6%s Sep 1861 Sep 1961 6s A68 A7s 101 94 ■» , 2307. 21 30% 21 Yt 99 Va 100'/a 7,98% 44 39 17% 1959 46 30% 30% 12% —1958 32% 12% ———1968 24 35% 11% 1961 ;24 v4l> 7 —.1963 48 42 1966 47' 35 2001 45 ■ii-rt'.'"-"-".'- ,-y :7, 2006 >417-'" 100% 30% , |37';7 1953 45 extl loan (State-of)— of 42 A7s 4 1 A7s external loan of Stamped pursuant to Plan A (Int reduced to 2.25%) municipal loan - (Int reduced to 2.25%) 45 33 y8 2012 35% 40 ye 38% 46% 39 2004 1967 42 2004 For Financial 29%' ' 30% 28% 19% . 28% 28'/a 21 19% 29 25 23 Y* 29% 19% 19 25 23% 28% 20 firm trading markets - #11HARL marks &SPECIALISTS no. 29 »— 20 19 19% 19% 27 20 20 18% 28 15% 15% 15 37 FOREIGN SECURITIES 50 Broad St., New 29 19% - FOREIGN SE 30% y2 7 30% 44 47 ;;; 38 y ^ V 50 36 1966 1926 52 37% 1946 1921 - 30'/a 21 19'A 48 30 Yb, ' 21% 7 22 50 37 2001 103% 62 ye 40 1946 "4377; 88'/a 75 (City of Greater) 7%s—1952 30% 22 ^ 23 31 12 gold 8s—1950 (City of) 8s 33 16% 17 loan s f 7s—^1947 —— 100 35 1960 (City of) 8s 102 106% 105 f 6s 2d ser~.—1961 assented— 103% .•' " 100% : Stamped pursuant to Plan A (Int reduced to 2%)—,——>.2012 ( , 30 YA -21% 21% * M-N J-D a 103 99% 30% 21 - M-S —1951 107 ' 30% 20% •, M-N M-S 30% 21 22 A-O I960 107 ye 101 ■ Stamped pursuant to Plan A 63% 24 y» A-O 1962 107 ye 100 -1057/a 106. 30 22% J-D 1961 101 lOlYa lOl'/a *105%j-7;i4'v 105% 30 22'A J-D- J-D v 22 21'A J-D 7 47 21% M-N, 1962 90% 21% M-N I960 page 7:y7jg A-0 -1961 5s 777774. 22% M-S 1961 7s 22% 22% 7s Stamped pursuant to Plan A (Int reduced to 2%) 21% 8 % 22 % A-0 „^_^1957 assented For footnotes see * 1961' (Hukuang Ry) 101 21'A 0 103 ■ 1957 6y2s assented AChinese V-Y' 227/s 21% 1963 assented Munlc yj: 30 21Ya 22% 1963 ; assented- Cons 101 20% 22% 7 21% ?*m''' 1962 ; * ■ 1962 _ assented-, *21 M-S AGuaranteed sink fund 6s AChilean 87 102 »A J-J AGuaranteed sink fund 6s A 6b 101Ya 100 »A 77 ; J-J ASinking fund 6%s A6%s 86 V2 12 0:0 42 100 Stamped pursuant to Plan A (Int reduced to 2.5%) 1999 A6s external sink fund gold—1968 112% 49 . A8s 7 114% Vv *40 40 2008 f 6s 1st ser s Rio Grande do Sul 7i; v 108 y8 F-A Jan 19611 assented assented 99 108% 7 A-O Jan 1961 ;V A Chile Mortgage Bank •> 99 7 104 11 100% 1007/s F-A AExternal sinking fund 6s . . 19 ; . 103% 108% 108% *—• 7s (Int reduced to 2.375%) sec 6'/2s 103 74 Va 88 17 of) AExternal 108% 109 y4 -' ; A-O AExternal sinking fund 6s A6s 64% 88% 98 88 M-N I960 6s • AExtl sinking fund 2 98 ' M-N 1960 sinking fund A 6s assented ARy external s f 6s 97 97% J-J Feb 1961 A6s assented A6s 18 7^7,21 *96% J-J'' ' 7s___1942 1942 AExtl < 102 46 35 Stamped pursuant to Plan A 64% 99% 101 */a 1965 assented ARio de Janeiro 55 % 100 97 97% J-J > : ___1954 External assented A6s 5 38 Queensland (State) extl 6s.—.——1947 , (City) 8s_ (Rep) J-J t A-0 1961 Jan 15 1948 AExternal sinking fund 6s j:,! . I960 2%s ;V 7.7 •"■■■ M-N s s (Dom of) 30-yr 4s 25-year 3'As I 98 A-O A7s 7 ih 95 Yam F-A 1976 1975 A Chile 77 * 65 56% 55% r-s 1976 A Carlsbad APrague 65 55 42 ye ' ; Canada v. 54% 2 100 ;101 1961 . External readj 3% ' •35 1956 Stamped pursuant to Plan A (Int reduced to 2.25%) . 65 (Province of)— s Refunding 54% ♦101 External ; ;V" j,- 63 55% f 5s A6s stamped External : ♦„ 1957 AExternal loan 7%8 54% -657; 7 65% 56 ; 1 mm* •55. , Sinking fund gold 5s Sinking fund gold 6s Buenos 54% 65% , 36 39% *35'/a 2008 (Int reduced to 2.375%) 65 56 46 ■ 35% Stamped pursuant to Plan A 65% — 7^ 38 2008 ——..—1963 external A4%s assented 65 54% , 28 of) APorto Alegre 7 55 25 (State loan ext) A4%s 64% 65 . ext AExternal sink fund 55 0U+0- V- 55 : » 55%: 56 •7 59 54% 3%a Series: No. 30— (City) , •55 ,7./"7; 77 6 (Rep f: A4'/2s . 7 65 55% 1 <&!* 3%s A Stabilization 65 Ye 65 ' 7; ♦17 ■% -_.v-y lAPoland (Rep of) -gold 6s——1940 '^v, 65% 57% .. 59 54% 3%s Series No. 29 Brisbane . 56 •55 27 3%s ^ 55% — 1994 ANai 64% , *24% 1967 1947 APeru 65% 557/a, ,55'%) ; 1 J-J > 57 y8 55% 24 Series 55% ■ <"■ •' 54% 23 %s im mm ■ 59 *55 . v.Vtl77:: ' •0^2.^, mod ANat loan extl 55 *55 •55 ■ 'iiM . 7 55% 55% _ 21 3%s j r 18% 15'% (State)— Stamped pursuant to Plan A (Int reduced to 2.125%) 82 10 11% 14 (Republic)— APernambuco 84 7 8. No. No. 15 16% 1959 f 6'/2s to '■ No. 78:i;7% •14% 16 1958 Ext sec ref 3'/2s series B 82 Series . 6%s AStamped assented '5s Stamp 77 Series 777877, — 7101 V 78 .. 12.7 ♦18% •95 4 *70 13% •10% J-J t • sink fund extl loan Panama 68% 59 167/a 12% 10% 16% •12% 106 ' r 16 VB 7 .. \;V' 68 *'V 16% Q-J ■ . 106 65% 40 58% 11% 22 ♦21 % 3-D agree 1945 External sink fund 4V»s 68% 2 '"'m** 58% 58 V* *60'% s 11 21 11% ♦10% 1963 68% 7 f s 32 ye ^ : ♦21% Municipal Bank extl s f 5s 1970 Oslo (City) sink fund 4 % 8—,—1955 58 6^ external 4 ♦13% Stamped pursuant to Plan A 4s 1 No. (State)— New South Wales ; JyjiS^S'y. 64 No. 1942, 5, External s f 5s Norway (Kingdom of) 4y2s 64 Series Nov. 24 30 agree 7; 69 v?;. f:r.(v'' -'■i 104% 9 Q-J —1954 — (Int reduced to 2.125%) 14 Vs i"".''',.*t 5. to ASee external .77 — — ? A-0 1942, 5, ' 66 *57 Nov. Stamped pursuant to Plan A (Int reduced to 2.125%) 76% 62% -. 102 100 •103% 'i-y 7 WM* 1945 1942, agree lATreasury 6s of 1913 assent—1933 7 AAssented to Nov. 5, 1942, agree 76% 62% to agree —1945 a Assenting 4s of 1910 AAssented to Nov. 5, ; 59 to Nov. 5, 1942, extl 5s of 1899 £ AAssented \ .1957 (US) A Assenting 5s of 1899 82% 3%s " AAssented ;i Mlnas Geraes 15 72 19% 05 ♦97 M-N 115 3%s r 1943 AAssented 110 A-0 22 102»/2 Va 101 y» 100 J-D 110% I!---®! 58% 3%s Series (State Mtge Bk) 7s AAssenting 4s of 1904 103% 7v--7- ►108 % 112 12 102% 102% A-O AMexico 103% i". '103% 105% Series Series f 5s s 14%. 12 11% 10% 13% 7 1968 1954 .7 No. No. 1964 1957 103% 104 104 .77 paid Mexican Irrigation— A4'/2s stamped assented 101Y* 104. 50 % 111 104 105 105% 105% J-D M-N 106% 100 Ya M-S 103 103 50 50 J-J M-S'. -1949 1960 4: 100% No. 3. 3%s Series .1967 , •100% 101% A-O ■ 102% 103% 104 77 funding bonds of 1031 duel_1951 Stamped pursuant to Plan A ^ ' Series 7s__ Irish Free State extl 112% Stamped pursuant to Plan A %s ;'v&;4'l: 101%. 102% 8% 3%s Series y•. 101% 101% (Int reduced to 3.375%) 1979 $ bonds of 1944 (Plan B)— 3%s Series No. 1 3%s Series No. 2_. 100 1960 33 F-A 1978 101 1952 99104'/3 1978 (Int reduced to 3.5%) 101 A-0 A-O 131% 106% 1957 Ry) A-O paid A Jugoslavia M-N J-D f 6%s of 1927 s 100% (Republic) s f 6s series A Helsingfors (City) ext 6'/2s— 99% 104 99 31 109% 110 V* J-D Stamped pursuant to Plan A (Int reduced to 3.375%) 101 ; AMedellin (Colombia) 6'/as pursuant to Plan A Stamped pursuant to Plan A (Int reduced to 3.375%) A7s 30% M-S 8s__..1941 external 101 .. 33 100 M-N 1949 M-S Haiti 33Vc ; 30% J-J IZIIlQSS (Int reduced to 3.5%) AExternal s f 6%s of 1926 AExternal ^- 28 M-N ""l955 6s External s f 7s SABrazil (U S of) i' 22 101% ♦100'/a 1969 Government— part 102% 101 •lOO'/e A-O series (Republic of) A7s 104% A-O Republic 7s stamped.......1949 A6s part 1956 __ Greek 104 y« 101 101 .1961 unstamped 38 37% 37% 1956 10-year 3%s__ External i;.;^r-23 3 v.'..;%. Australia (Commonw'lth) 5s of '25.1955 External 5s of 1927 1957 Belgium external >' : 7s 38 . 22W :» J-D f External g 4Vas of 1928 2 A-0 1958 AEstonia >7 i 97% 104% 2 " ;i v23 A-0 Argentine S 4 ■ A-0 AExteriai sec s f 7s 2d series 1957 A External seo s t 7s 3rd serles.»1957 A 85 J -J 1945 1945 77 French 85 * M-S 1945 B C I AAntiquia . ,iiv"77 2d 102 90% 98% 117 96 98 100% 98 101 98% 99 .1940 5y2s 1st series 5%s "__1948 Akershus 5'/2s 7 ?y> 100 % 100% 98% M-S 117 98 117 98 % .1969 sink fund series ♦166 J-J " External gold 4%s_.; .1962 lADominican Rep Cust Ad 5'/2s.. .1942 ... S A 1st series 5%s of 1926 .1940 Teletype NY 1-1693 Customs Admin 5%s 2d series AGtd sink fund 6s 170 (Rep of) 8s ser A. .1951 .1952 ASinking fund 8s series b {A 2d :-AGtd sink fund 6s 113 162 J-D IA Denmark Broadway, New York Foreign Govt. A Municipal Agricultural Mtge Bank (Colombia) 109 112 J-J 1945 5'/a s A Czechoslovakia T ele phone 112 1953 A Public wks 115 110 Sinking fund 5%s Wertheim & Co. REctor 2-2300 — 110% 111% Telephone HAnover 2-0050 York 4, N. Y. Teletype N. y. 1-971 ' 2304 THE COMMERCIAL & FINANCIAL CHRONICLE Monday, November 4, 1946 NEW YORK BOND RECORD ; RANGE FOR WEEK ENDING NOVEMBER 1 BONDS New York Stock Wfcek's Range Friday Exchange Reorganization Securities i.JBurlington Cedar Rap X A 1st & Coll 5s— < A Bush PFLUGFELDER, BAMPTON & RUST i 61 York Stock Exchange New Broadway Telephone—DIgby Bell Bush Term Interest Period Last Sale Price 1st 4s 1952 5s——-.Bldgs 5s gtd (Int reduced to Guaranteed 2.375%) 54 48 )'k 1 :, "p ;X ; '* . -j (State) 2012 1999 (Int reduced to 2.5%) ; . \ extl *40 X°;^i *65 ---1978 M-N 8 Va —1958 *16 J- D* J-D- 8s 1946 6s ? —1960 6s— 1964'-' 61 85 , 11% ♦102 F-A *120 M-N *115- M-N *115 '? . ■ Power 99 V* 1st mtge Alleghany & West 2s & conv debentures debentures 2%s AND 105 J-J " A-0 + -1998 A-0 *96% 1956 M-S 101- 2030 MS iD4% 1956 :__1986 w i Anglo-Chilean Nitrate '■ex. ♦100 General 4s Adjustment 114 97104 101 -107% 106 ; 101% pr{-- 72 A 130": ;! ,831 100% 100 100% -132, 100% 101% 98% 98% 123 126% J-J 98% J-D A-O A-0 111% ?• 109 AA 111V* Stamped 4s , Atlanta 1st Si Charlotte Air 1940 Line Atlantic Coast 1st —1963 4s cons July 1952 General unified 4%s A .—1964 Atlantic * Ss Danville Ry 1st 48—1948 Second mortgage 4s ——1948 Atlantic Refining 2%8 debs— 1966 Ref Ss gen ser D Sep (int at 1% due 1946) 1 —-1993 to 2000 Ref & gen ser F (int at 1% Sep A Conv :0 : 1 1946) due due 94% A-0 : M-N 115 J-D •: ■ M-N *104% Beneficial Indus M-S 104%.104% J-D J-J 38 J-J Boston & Maine 1st 5s A C '' ■ 1st M 5s series II 1st gold 4%s series JJ 1st mtge 4s series RR . 38 -• 96% 98% 97% 84 ; 98% 64 69 J-D 'MS . M-S" 65 M-N J-J 94% J-J A—— 1956 V ——.1994 ' J-J A ' 40 2nd mtge conv inc 1st mtge 3s ser B 4%s_-Jan 1 1999 1970 i 1961 a—1960 X , 131 % SASecured 4%s series A— 1952 M-5- vl 88 —_ 70 '-7 56 70:7 754 ¥ 93 7 118% Income 2%-4V4S.^ Chicago Union Station—. | 1st mtge 3Vas series.P. i I 38% f 107%' - —1947 A-O 99 ; ■ 103 1963 26% 7 v.,/,;: 101% — 96%88 %- 89 1st Sc ref 414s series D___ . 90 104 97 7 0 33 ; 96% 7.;: ,/p: 95 12 98% 101 M-S •> 129 99 J 103 , v 52 83'/a 107%- 100 ' J-J 104%. 104% 104% : 102% 103 V*„ 102% 108 Va- 105% 106 105 % 112 Ve 105 107% -* *45 A-O i *45 —— . F-A""A, *—1974 .? F-A —.1966 J-D . *92 , 85 M-N 54% M-N 56% 40 F-A 40 103% 104% * 106 V# M-N — 99% 54 41 5 19 105 y8 127% 133% 97 107 Va- 113% 102% 102%\ 107% 99% 99% 85% 85% 81-. 108 V* 99 99 121 *119 Cin J-J. Wab Ss M i Cleve Short Line Dlv 1st 4s 1991. 1950 gtd-* 1st gtd 4%s—,. 1961: i Cleve Union Term gtd 5%s f 1st » f 58 series B gtd 1st ft f 4 Vas series C 99 99 Va —1972 *'.*—1973; Colorado & Southern Ry— ! 4%s (stamped modified) 105% iColumbia 109 : 106% 84 104 50 84% 40 85 103% 105% 106 Va 106% 106 Va 105% 107 y8 99% 99% 101% 101% 101% 100 106%: J-J 78 - 99 0 A . , 79 78 - M-N. 107% 107% * F-A ■J . i ' A-0 . v. A-O. —.1980 106 V* 107% 105 7/b lt>5 105% 105 V* 105% 53'%" M-N' ;:0 72% 100 7010 ■ .. , 74 93% 95 , 110% 107% 110% 'i; 1030 .A.! '.tmmf/y. 108% 108% A-O. ■. -- 108%) A-O. 1977 .w 2 , 7, 0103 Va 104 7/8 M-N - 93 y , *95 Va 100 J-J . 0760. 7 > 82 • 106% , —>•.' 107% 116% 58 105% 110:7. 49 104, 108% 10 104% 108 V* 21 45% 84% 102 V* 102% 105 106% 111 Va 1.. • 100% 102% 106% 102% ' > 104 V* 100 :v 106% 86% 63 100 ■ lll % A V.; ' 62 63 42%- 63 102% V7:; , . J-D'. 105% 103 M-N J-J 46. V*. ♦111% ' JrD j— 1961- 42Va 103% 103% ' . / ? — 63 A-O ?; 108% 105% 105%. 1 * M-N * 104 , 105% ,7 A-O . ^ 105% H J-J j-d ; 100 105 *93 17 106 83 M-S. 1943 I St L Dlv 1st coll tr. gold 4$ ..1990 /Cleveland Elec^ Ilium 3s —1970 i Cleveland & Pittsburgh RR -r s' v Series C 3%s gtd— 1948 7 95% ■ 103 100 J-J J-J .—1969 1 100% 101% *100 17 110 100% • General gold 4s— —1993 General 5s series B_ *—1093 Ref Ss lmpt-4%s series E—..1977 , Series D 3%s 8 39% 19% 101% nosv *97% 103 —— 81 . J-J —1962 Cleve Cin Chic & St Louis Ryi—' i j 104% ., V 72%' 43 •7;: • } 58 42% 90% *106 22% 92% 38% 98%. 16 128 99 J-J J-J - f8AChllds Co deb 5s part paid.. 1st mtge 2%s ser G. iCity Ice & Fuel 2%s debs !City Investing Co 4sj debs 7 l".{r r 70 *102 - Gen J-D »•" 1 ; v > Cincinnati Union Terminal1st mtge gtd-,3%s series E .. 94% '96 129 M-N F-A 0 M-N- J-D 1994 SADebentures 5s part paid —1957 tAChoctaw Ok & Gulf cons 5s 1952 Cine Gas & Elec 1st mtge 2%s—1975 105 0 92% 93% 106% 67% . 49 58 54%. 51 47% 54% 26 /a- . J-D 1951 5:7' i■, v ;■ Chicago Terre Haute Ss S'eastern Ry j 1st, Ss ret M 2%-4%s 1994^ 105 % '• "• 74 42% ' AConv gold 4VaS. —1960 ' Chicago St L Ss New Orleans 5Si—1951 ' Memphis Div 1st gold 4s._. 113 70% < 64 68% 47 Va- 1—1988 f. Gold 3%S——.———..4.^1951 107 94 107% 96% '• A-O .59 A-O A-0 48 1934: " v 105% 74% 1989 I 78 V* 95 96% -1955 103% ACertificates of deposit—. 8 ARefunding. gold 4s 94% 136 93% 97 ,—1967 88 104 Va -2003" 6er A AGeneral 4s 92 M-N' debentures /; f 92% 0 M-5 f . B ( 1969 » 36% 1985 : (convl— ser j 37 A-Or mtge 2%s 1976 Buffalo Niagara El 1st mtge 2%s-1975 4s 1007 • & Eastern HI RR— i 101 J-D J-J AIhe Bklyn Union Gas 6s series A 103%. 141 29% 101 Va 102 v mtge 4%s ser A July 1970 tABoston & N Y Air L 1st 4s_ 1955 Bklyn Edison cons M 3%s 1966 Bklyn Union El 1st gold 5s .1950 i 106%. 96 124% : I ser 99% tSAChicago Railways 1st 5s stpd i 25% partial redemption. -„1927 ^Chicago Rock Island Ss Pacific Ry— 99% : 196L 119% 109 1970 ' . 104 101% ♦29%- 31%"" J-J 1951 mtge 2%s 1977 —1985 ) 103 ? 101 Va 103 1951 Loan 64% 109% 119% 1—1958 ' - B 107% 104% 70 2%s Bethlehem Steel Corp— Cons 31 1949 105 7/a ; j 51 Beech Creek Extension 1st 3%s—1951 Bell Telephone of Pa 5s series C—1960 135% —1989,' 114 >'7 127.'. __ 63% stamped 107% 126 111% Bangor Ss Aroostook RR— 4s ref 3s__ 107 V* 105 ? r- 45 V* Con ref 4s 151% 136 126% 87 115 Va M-S* 1959 48% nfo0 103% • ' 113 % f-A : Toledo Cln Div ref 4s A: ■■■J. Gen mtge 4V2s inc ser A Jan I 2019v • t 4 Vas conv inc ser B Jan I 2044 ; Chicago & North Western Ry— r 94 *115 -1996 , 52 104% 103% 15 , 100% 92% to .1951 S'west Dlv 1st M (int at 3%% to Jan 1 1947) due— 1950 56 w • 102% 'A: 29 126% 128 Nor Feb 11960 : Fgh L E & W Va System— Ref gold 4s extended to 60 Ve 105% 105 Va 105 103% ; 105%! *44% 109 • 24 ■" 99 94 mtge gold 4s July 1948 Stamped modified bonds— 1st mtge gold (int at 4% to r - 21% 61% 32% 27% 21% *104% 108 1st mtge 27/88 ser G—.1963 Chic Ss West Indiana conv 4s —1952 July 1948 U. : dE Qulncy RR— series 1st mtge 4s ser 1st due 23% - 1996. jChie Milw St Paul & .Pac RR—» >■» - Baltimore Ss Ohio RR— Ref Ss gen ser A (Int at 1% to Dec 1 1946) due —1995 Ref & gen ser C (int at 1%% to Deo 1 1946) due 26 I974, Chicago Ind «fe,Sou 50-year 4s 159% 107% 107% 97% 2" 99 99 123 , Get 1 1946) 32%* 32%. 27 Va'r -.-X Ry— mortgage 3%s 35% 30 Chicago Ind & Louisville Ry— " A 1st mtge ,4s inc ser A -—.-1983 i , Atl Knox Ss Nor 1st gold 5s 106 Va ; . 1st Ss ref mtge 2%s 1st mtge 3%s no 100% 1,874-' , 104 V* 104% Q-J 1995 109% *109 . 35%' 101V4 100% " 89 84. 103% 103% 104% Jan July 11995 July 11993 -tv -;-S • 1987 l«t-A2d mtge 41/2 inc 100%- M -S 1995 4s ^ 44% Chicago & Erie 1st gold 5s 1982 Chicago Gt West 1st :4s series A.—1988' j AGen inc pitge 4%s Jan 12038 116% ' K 101' F-A 1967 - gold J-J Co— y,®s stamp (partial redemption)—1942 AGen mtgelnc > 109% Atchison Topeka & Santa Fe— , *"p. 'V J-J. - • lst& ref mtge 3%s: . • 105% : 106% '< 105% 103% 104 113% ■ ._ 107%- 100 105 A-0 1969 Ann Arbor 1st gold 4s— • 1007 & ref series A Chicago y ; 1962 deb 85 • 1961 Amer Tobacco Co deb 3s 3s debentures A 104% •; ■ -1980 33% 13 *50V* ' Central RR & Banking ?efn^ra48r,7 1st & ref 4V2S f 107% 107% ——1975 'i 14% ■ A-O- 1961 1987 registered Chicago Burlington p INDUSTRIAL COMPANIES M-N - 2%s debentures 2%s debentures 2%s conv debs 10 ; American Telephone & Telegraph Co.— 3s > t J-D . ■! A-0 J-J —1966 impt mtge 3%s D 5 1972 5s J-D 4^An?? c°nsol Alton RR gold 4s t A Chicago & J20 1967 debs Foreign Pow deb 33% ! .85: 1947 1st gtd 4s„ Allis-Chalmers Mfg Ss ) 85 *_•. MS 3%s 87% 13 Ref Sc impt M 3%s series E 1996 R & A Div 1st cons gold 4s—_ 1989' -6 7". ■ 99 V* 1948 Albany Sc Susquehanna RR 4%s—1975 Am •j 33 ■ - 98 *90 RAILROAD Alabama 47% 14 . 96% " 90% 1958 Adams Express coll tr gold 4s^ Coll trust 4s of 1907 Alabama Great Southern 3V*s l; 108 86 I 51% Paper Ss Fibre deb 3s—-1965 * Chesapeake Ss Ohio Ry— i General gold 4%s ' 1007 ' assented -1945 V.'. ' 95% 90% 37/e-4% 4As extl conv —1978i' 4-4%-4%8 extl readjustment 1978 >}■■ 3%s extl readjustment 1984 AWarsaw (City) external 7s__ .-1958 A4%s 5s F-A'- ; ($ bonds of 1937)— External readjustment 197f External conversion 1979 . '' 96 73 73 .y NoV 1945 <*■ I Champion i y 105% to Aug 1,1949) l* : U' 102% A-0 1st M —i,;:■■■!■ 102% 102% 80 Central N Y Power 3s —1974>V Central Pacific. 1st ref gtd gold 4s_1949 3%s-4-4%% i: i960 registered AGener.1 « 77 io3y* • 91 107 ^ew Eng 1st gtd 4s 121 ; 109 107 Va 107% 107% 78% A 5s 15 . & 102% t A Central of N J gen gold 5s 22 « F-A- 1955 8% . • U6 Va 103 Va 105 . 103% 103% Central Illinois Light 3%8 i *' ■■i '' 64 — 9%M 8% 7 M-N 1962 70 I'lj- r 1966 111% 104 M-N A4s »——1958 AExternal sink fund AExternal sink fund 54 84 118 ■: '• 59%" * : 123% DlI.pur money gold 4s__ 1951'. 8 A Mobile Div 1st gold 5s —1946 .? 60 71% 2012 A 7s Xv.rj''-4 * gold 118 118 a? gen f,/aS series B-~----1959 a5£ *?T?en 5s 6eries c 1959 64 164% .55 A (Kingdom)— 1962; assented 61% 124 7 ——1965 §Alst mtge 5s— 69%^ 55 58 *45 1940 Sydney (City) s f 5%s AUruguay (Republic) extl ■" 60 119 119 119 113% 112% 112% •>J Ak - 4a-I^""i98i § AConsol 114 % 118 tCentral of Georgia Ry ; 71 55 *42 1968 1966 Branch U P 1st gold 4s_—1948 * t 2004, 7s of) A 60 : ; 64% *45 Plan A Serbs Croats & Slovenes A 8s secured external A7s series B sec extl (Prov v 114% —1951 Corp 3s debs ^orP 3%s debs 71 65 ' *47 2.25%) Stamped pursuant to Plan (Int reduced to 3.5%)- A4%s 71 'f -.1999 Stamped pursuant to Plan (Int reduced to 2%) A Silesia 70 66 *50 1956 Stamped pursuant to f 43 Plan A A 7s extl water loan s X *50 ; 1950 Stamped pursuant to (Int reduced to A 6s extl dollar loan 36 6 A A 8s external 5 A Secured *55 125 Va 113% 113% 114% 115 111 loss Ce anese Stamped pursuant to Plan (Int reduced to 2.5%) i. 37% 57 ■p*-- 1930 8s 108 125 118% 119 1970 4%s—_ 105 109% 118% 119%' 111% 118% 1957 5s 105% 104 • 106 111% '*105 iflfw deb stk perpetual Carolina Clinch & Ohio 4s Cart' & Adir 1st gtd gold A 104 1974 ;Can Pac Ry 4% - 5 A San Paulo M3s—1976 ,|7; Guaranteed gold 4%s 48' 36% 1957 gold gold Guaranteed " 40 -2001 f s 1960 Ss!.!!—07t"l969 gold Guaranteed gold | High' Low No. High pursuant to Plan A extl secured —1955 gold 4%s Guaranteed January 1 Sold Bid & Asxed 1952 Stamped pursuant to Plan (Int reduced to 2%) 1957 Canada Southern cons gtd 5s A Canadian National Since Bonds Friday's or • Low A6%s High 1-310 Teletype—NY Week's Range Friday Exchange . Low Certificates of deposit Terminal Power 1st Calif Oregon Power 3V8s BONDS New York Slock Stamped Range Since January 1 Sold No. New York 6 4-4933 (City) 8s Bonds High' 1934 * California Elec SASan Paulo Friday's & Nor— Consolidated "K'-K'-VVLYVV'-Y ... Members or Bid & Asked at •r: ' Sale Price Low Buffalo Rochester Ss Pgh Ry— Stamped modified (interest 3% to May 1, 1947) due i Last Period Railroad Interest • Gas & Elec • 3Ves debs.—1971 Columbus Si H V 1st extl gold 48—1948 jColumbus & Sou Ohta El 3%s_—_1970v i-Columbus & Tol 1st extl 4s .1955' ■I 102% 102% M-S ♦104 '/a A-O, series L —1977 ,Conn Ry Ss L 1st & ref 4%s——1951 ;Conn River Powr a f> 3%s A——1961Consolidated Cigar Corp 3%s 1965 Consolidated Edison of New York— 1 3%s debentures : .—.1948 3%s debentures..-. — 1956 3Vas debentures -+.1958 — ' *115% 29 108% *109%? M-S F-A I Commonwealth Edison Co— 1st mtge 38 51- v- — 116' 116 106% 110 " F-A" J-J ' *108 F-A *106% A-0: *102% 104 A-O" 106% 107V* 100% 110 ■; .. 100% 101% "111 105% 107 102% 105% 100% 103 104% 106% A-O' 102 102% 101% J^J 104% 104% 104% ^Volume 164 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4539 ||i NEW YORK BOND RECORD Stock Interest Exchange Last Week's Range or Friday's Bonds Sale Price Bid & Asked Sold deb 4s_>,.-1954 non-conv A Debenture 4s A 4s Debenture Consumers Crucible 1955 1st Baking Steel 3'As mtge debs f debs RR J-D 1st 5s J-J /?; 37 ';W: _> :V. 38 8 ■•••' 103 *101%. 103A , — 60% B ser 76 Illinois Terminal Ry 4s ser Ind 111 & Iowa 1st gold 4s # > 30 A ■ 1st series 6s 1975 N Y Lack 8s *103% Coll tr 4-6s Power & Rio & Light 3s Grande RR— § Alst consol 4s A General A Ref & ' Int Rys 51% 6s 109% 59 94 1944 1972 > 95 % 102% 103 102% 102 U & Teleg deb gold 4'/2S_1952 1st 4s— 9,0 5/a 90% 90% & St 2%s. 102% 102 V4 102% *103% 104 Jones & Laughlin Steel 3Via— Kanawha 8b Mich 1st gtd gold 4s..l990 Kansas City Fort Scott 80 Mem Ry— 53% 108% v 65 52% Kentucky Kentucky 58 & Gen & ref 3s series H_ .—1970 Second gQld 4s Detroit Term & Tunnel 4 Vis ■K > 110% *108 & Ironton RR 2% ser B—1976 Dul Miss 8b Iron Range Ry 3%s—1962 {$ADul Sou Shore & Atl gold 5s—1937 57 6 ,91% 92 — 15 / f 53% - ; i. * 120% 110% ——1961 1997 —1964 {AKreuger: 8c Toll 5s ctfs>———1959 •• •-v•■'•VJ.,. ... ft',11 r 98%: 1 91JA , 108% 108 —;—1961 : unguaranteed Kings County El L & P 6s Koppers Co 1st mtge 3s | 75 45% —-1961 ——.—1961 —— - 4V2S 110% 106% 6 65 Plain v ' 59 Vs 59 *47 Det Tol 3s 106% 109 106% 109 > 106% lOCVs —1995 1961 15 >108% 108% Detroit & Mackinac 1st lien gold 4s.l995 A 108% 107% —1965 mtge 3V2S series G—1966 107% 104 % 123 Ya 122 65% 72 -1987 Ind Term 4%a 85Vs 83 % 107 % 99 % "105 101 % 100 % 1974 Central gold 4s_> Stamped Detroit Edison 4s series F 104% 104% . —————— 70 % 104% 71 75% *73 - Kansas City Terminal Ry 2%s 1955 — — 73 A Certificates of deposit Kansas City Southern Ry 1st 3s 1950 1st mtge 4s ser A __1975 63% 58 Vs 60 *105 1936 § A Refunding gtd 4s 1936 — Duquesne Light 1st M 57 1956 series C Cent Amer 1st 5s B Central Pow Jersey - impfc 5s series B———1978 Gen & ref 5/ JAlnternat Hydro El deb 53 gold 96"% 1973 . 4%S f 5s s A Assented 107% 21 Va A 1st 50 {Denver & Rio Grande Western RR— A 97 % 107% 58 Vs James Frankl & Clear 47% ——1936 gold 106 65% 62 18 53% 94 •— May 1 2042 {Denver SAConsol 106 % 104 div & ref M 5s ser C —-1973 AIncome mtge due—-——1993 Morris & Essex division : ■' 96% 57% 43 — 92% 1st Delaware High Low 95 104 % 105'A 1956 48% 104% 104 , Western Bangs Since January 1 102% 103 1965 ,—1965 Delaware & Hudson 4s extended 1963 Delaware, Lack & West RR Co— ,:V ioi »104 1952 A 40 13^;(-43v- . __ 1986 F__1961 series/B Int Telep Deere & Co. 2%s debs 100 101 AAdjustment Os series A—July 1952 86 6 1946 <*:!;■■ No. A 1st 5s .51% 6 —1946 J-J Bonds Sold High {International Great Northern RR— 60 46 — — Dayton Pr & Lt 1st mtge 2%s Dayton Union Ry 3%s series B Bid & Asked j-j A—.—1970 >1950 Ref & imp 2'As ser C Inland Steel 1st mtge 3s series 104 ' deposit rets Week's Banc* or Friday's Indianapolis Union Ry Co— 75 108% 55Va 15 Deposit receipts :A7V2S ser A deposit rets Last Sale Prioa Friday Exehsaft Low 101 'A, 106 : ————1952» A A 6s 76 36 103 Va V%—101% i', gold ^ ■ 33 ' , 7 V-.V *58% 35 5 21 103 Stock High '[Low 104% York January 1 T-i 8 "•> 37 104'' ci'if-v, 103 : 37 % V,, 36. . .Jm, J-D 1st 5Vis--—1942 {ACuba Northern Ry A Deposit receipts U 38'^ Interest Period New Range Since Ho. MOh 37 104 Yo 1965 1955 .4 A Cuba J-J 2%s__1975 3s s 37% \ J-J _10o6 Power Continental J-J Low ' S;V- {AConsol Ry i,V , BONDS Period New York Friday RANGE FOR WEEK ENDING NOVEMBER 1 ' . BONDS 105 107% :> >5>'>;; 32V'/':''"54 :/;• 104% 106% 17 ,-1965 * Lake Sh & Mich Sou gold 3%s 115Y8 1997 115 V* 3%s registered———1997 Lautaro Nitrate Co Ltd— Alst mtge income reg—— East Tenn Va & Ga Div 1st Ss—1956 Ed El 111 Jfet (NY) cons Auto-Lite 2%s debs Joliet & East Ry 3'As Eigin El Paso 8b S W 157 102 > 102% 105 106% 1970 1st 5s :>1«65 111 112 S F mtge 3V2S ser A Lehigh Valley Coal Co— 124% ^Gen mtge ino 4 %s series A—2015 fist cons mtge 3%s ser E 1964 1st cons mtge 3%s ser F 1st cons mtge 3%s ser G 1st cons 2s ser H ■s 103 1990 95% 92 106 V* 63 67 Liggett & Myers Tobacco "5s 67 Little Miami gen 4s series A A4s conv inc debs. (B F) Co 76% 1952 -78 1951 1962 42 36% 42 33 65 — 35 35'A 31 60 45'% 39'A 50% 35% 69 40% 62% 73% 78 75 94% 45% 89 105% 102% 102% *102'/a 103 Louisville 101 Vs 25 ' 1st, & 50% 1 116% 117 120 , 10 11 -122 — - 101 Vs 120- 7 66 99 94% 95% 29 Gen mtge 2%s ser Q 2010 89% 90 Gen mtge 2V»s ser R AGreen Bay & West deb ctfs A A Debentures ctfs B 1961 96% 96%v 65 Greyhound Corp 3s deb? 1959 103 Gulf Mobile & Ohio 4s series B Gen mtge inc 5s series A> 1975 . , 86 20 100% 100 Vs 2015 30 65 96% i 10 103 .78- —1976 „98% 1 # > 80 ' 99% 100 1969 Hackensack Water 1st mtge 2%s»1976 —1999 {§AHousatonic Ry cons gold 5s Finance Corp 2%s 1937 Hudson Coal 1962 1970 series A Hudson Co Gas 1st gold 5s 1949 Hudson 8b Manhattan 1st 5s A—1957 AAdj income.5s 99--' ' . 79 7% 17% 10 2% 104% 100 26 98 *' 107% f 104 % 78 26 12 104 - 98% 101'/a 3%s M 1st mtge 4%s inc ser A ser A 60 24% Missouri-Kansas-Texas lien Prior 61% 25'A 40-year Prior - 1st gold 3s sterling Collateral, trust gold Refunding :■"> *102 — 104 110 *100% — 100'A 104% 1951 ♦100% — 100% 104 Va 1951 Extended 1st gold 3 %s *68'4 - 4? —1952 4s 73 ■■r 1953! ' Div 1st —i—1955. Springfield Div 1st gold 3%s Lines 1st 90% *99 98 81 —1963 —1963 D footnotes see page 2307. 99'A 103% *100% *100% 28 Va 19 22% 21% 100% — 101 Va 102% 102% 102 108 - 107 109'A 57 113 97 68 102% 96 99 99. 109% 109'/a Alst & & 1978 ., ——1965 re^ 5s series A 5s series F series G ] , Alst & ref 5s series Moh'k & Malone 1st —j_1978 97% 102 Va 98 V 106 931/2 103 93'A M 5s series A i -X 46% 83 66% 7.7% 83 65% 102% .79 gtd bold 4s—1991 — *103'A — 60 99 ■ 100- Q4. 103 ? ;; 102% 103% 55 74% 69% 67 1955 4%s series B " 57% 55 103 105% 106%, — *102 '/a 1951 HR 79 *105% —>—1955 Mountain States Tel & Tel 2%s„—1986 Mutual Fuel Gas 1st gtd 5s 1947 Constr M 14% 2iya 77% > Morrell Constr 103 19 Monongahela Ry 3'As series Bj—-1966 107 »A 103 68 ^-_>>_——1981 ext 64'A 65 Va 1977 (John) & Co 3s debs_ .J-1958 Morris & Essex 1st gtd 3%s ——2000 72% :, 23% 1975 4s ref 196? gold 5%S —_——1949 Alst & ref gold 5s series H__^_1980 , ' > 65% .89'A 62 Va 99% 58'A 83% 98% 102 »A 102% .97 99'A 1 105 103% 103% 106'A -99'A 106% 98% 105% Nashville Chattanooga 8s St Louis— - 1986 debs_1970 ! 1965 { ANaugatuck RR 1st gold 4s 1954 • 1963 1st ref ser 75 108 % *100 Va 1st & ref 4%s series C— mtge 4s ' Jan 1967 Montreal Tramways 5s 102 *98% 100% HI Cent and Chic St L & N O—: Joint 1st ref; 5s series A : 4'As series D 108 »/a 106 *93% 99'A 104 1990 104% •„ *98'A 100'A 1951 gold 4s 96 1962 93 102 98 •: 75 103'A 104 103'A 103'A 104 104'/a ' 89% RR— A 88 92'/a 100 :.*95Va 101 1951 Registered For 106 7 '6'A Louisville Div 8b Term gold 3%s_1953 Western ,107 99 100 87 Y4 *63 Vs 100 108 88 *107% Omaha Div 1st gold 3s 1951 St Louis Div & Term gold 3s 1951 Gold 3%a ——195T 91% 101 >—1950 1951 97 > 94 1966 gold 3s 119 103 101 91% 91% A Conv v 92 — series adjust 5s series A A 1st & ref 5s 4 — 101 1952' : Refunding 5s 40-year 4%s Cairo Bridge gold 4s— Litchfield ; 96% 1955 Purchased lines 3V2S—>— Collateral trust gold 4s 105 102% 106 lll'A, *111% 118 Jan 1971 Jan 1991 series B 4s lien A General .—1951 5s {Missouri Pacific RR Co— Alst 1951 113'A 94 94% 94 104'A 104'A 2d AGen mtge 4s inc 78 *109% 110% ^ 4s 1st gold 3%s 107% 105 105 105 2003 series F Mo Kansas & Texas 1st 4s 76% ■ gold 106'A 104% — Mihn St Paul 8s Sault Ste Marie— '—'• *87y2- 95 >99 V99 : 1st 1201, *106% >1960 1954 Manati Sugar 4s sink fund—Feb 11957 AManila RR (Southern Lines) 4s 1959 Mead Corp 1st mtge 3s„———1966 Metropolitan Edison 1st mtge 2%s_1974 Metrop Wat Sew & Drain 5%s—>1950 |§AMet West Side El (Chic) 4s»1938 Michigan Central-?- Jack Lans & Sag 3%s———1951 1st gold 3%s —;—: >1952 Ref & impt 4%s series C_ 11979 Michigan Cons Gas 1st mtge 3%s_1969 {§AMidland of N J 1st ext 5s 1940 *99% 101 *i35ya Feb 1957 RR— 107% 114 103% 114 lut'A 104% 1st mtge & coll 4s ser B Telep 2%s series A„_1981 Central 104'/s Maine Central RR 4%s ser A 99% A Cum Illinois 104 114 . Hocking Valley Ry 1st 4%& 105% 107% 107% 104'% 104 Vs - 917/s v 65 3 •;10 Household 120 % us 104'% 104Va gold 3s—-—1980 Atl Knox 8b Cinq Div 4s 1955 94%" 100% 2000 1st & ref 3%s series D Gulf States Utll 1st M 2%s ref 136% 114% 118 V—. 107 99% 101 Illinois Bell *118 _> .134% 99%' 107 —>—>—1982 „ "•i 128 — 114% 114% 114% 106^ 1103V 10 101'A ser P 5s . " 106^ 107 . 1900 mtge 3 VeS ser O f 75% *127% 35'% Nashdlle RR— & 8t Louis Div 115% 122% 129% 140% 24 - 129% 129% 1973 Gen mtge 3Vss ser N s 46 77 1st & ref M 2%s ser G———2003 y, General 4Vas series D———1976 General 4%s series E 1977 1st 41'% v r'3914 __ 1966 Louisville Gas & Elec 3%s_ 76% 37 - 101% 101% 1947 Great Northern Ry CoGeneral 5%s series B General 5s series C Genvmtge 2%s 10 77% 3s debentures >—_>>—————1963 : , mtge 2%s_1965 Grays Point Term 1st gtd 5s Gen 77%;' Long Island unified 4s__—— 1949 Guaranteed ref gold 4s—>—1949 4s stamped _1949 Lorillard (P) Co deb 5s—>>——1951 1969 1st 84% 68 75% 69% 104% 105 Berg Co cons 5s 1949 Realty & Utilities Corp— Goodrich 1954 —>1950 Lehigh Valley Terminal Ry ext 5s_1951 Lex & Eastman 1st 50-yr 5s gtd 1965 Gas & Elec of General 84% stamped——1974 64% ACertificates of deposit-, Francisco Sugar coll trust 6s. 1964 1974 Lehigh Valley N Y 4%s ext Lehigh Valley RR— >W[ 4s stamped modified 2003 ,} : 4s registered —1 ———2003 4V2S stamped modified——-^2003 4%s registered _—>—Tii.>>^—2003 '//'5s stamped modified——h——2003 100% 104% 105 102'% 102% Alst 8b ref 5s series A 1964 ——- Leh Val Harbor Term gtd 5s 106 Firestone Tire 8b Rub 3s deb. {Florida East Coast 1st 4%s. 5i^stompe$_i—_—> 5s 100% 1953 1954 _ _ 1st &Tref sirik fund 5s———. 106 Ohio Div 1st mtge 3%s——,1971 , V' 106 2000 1954 • 1st & ref sink fund 5s 103% 106% 75 stamped "■ 1970 1st & ref sink fund 5s ;:f 5s 127% stamped--—>—1965 ^rie Railroad Co— 5s 1975 Lehigh Coal & Navigation Co-—.V../ 122% 155 1950 Electric 120% 1995 gold 5s 98 1st mtge 3s ser B National Dairy Produots 2%s National Steel 1st mtge 3s 102% 99 98 103%, 102'A 102% 101% 105% 104% 105 103% 106%, 106 110 THE COMMERCIAL & FINANCIAL CHRONICLE l i NEW YORK BOND RECORD RANGE BONDS Friday Interest ij No; York Stock Exchange Period . • FOR WEEK ENDING NOVEMBER Last or Friday's Bonds .: 'X Bid & Asked 1 BONDS Week's Range Bale Price Monday, November 4, 1946 Friday Low Newark Consol Gas 5s__ oons 1948 3-D 5tANew England RR gtd 5s 1945 J-J t A Consol gtd 4s New England Tel St Tel 5s A 1945 J-J ' 1952 1st gtd 4l/2S series B— —1961 Junction RR gtd 1st 4s__——1986 New Jersey P & L 1st mtge 3s 1974 New Orleans Great Nor 5s A——1983 N J N O & N E 1st ref & imp 4M2S 1952 Orleans Term 1st gtd 4s—.—1953 New tNew Orleans Texas St tANon-cum Laat Period Sale Price Low No. 88% ,. 109 • — *— — AT-8 91 Mi 109 — J-3 — - •" » 103 104 inc 5s series of series A 1st 5s series 4MiS ACertificates A 1st 5 Mas 89% 106 :104 -—-1954 90 N Y Central 91 Mi RR 4s series A —1998 St impt 4MaS series A 2U13 70% St impt 5s series 2013 80% C— N Y Cent & Hud River 3%s— ; 3%s registered Lake Shore coll gold 3M2S 90 New York i—1998 87 1998 73% 80 93 M« N Y Lack 4%s • 98% B—1975 ser 99% St 99 % 107 * 113 82% 1973 118% 115 deb 4s deb •; 3M2S ADebenture A 1st • 1st & Port ' gold 4 Mas § A General gold § A Terminal 1st 1954 1st 102 10% Niagara Falls gtd 4s 1993 ■74 103% 1963 5s 103 mtge 4M2S series B : 89% ; 92 *— .1959 90 127 — Power 3Mas__ . . 1957 ' 39% 41 & 1st mtge 3s 1972 ref mtge 5s 2037 160 165 2037 240 251 Ma mtge 8s —1975 96 Gen mtge 3M4S *125% 125% *107 Ma 1969 series J " 105 St. 107%: 127% 105 71 Ma 69% *68 105 72% 69 V* 95 Ma 90 94% 90 Mi 94 Ma 96% 97 92 Ma 24 Grand Island & 96% 98 94 Ma 112 97 : 106% 3 1 *__ 110 APrior lien 4s 109 y 101 Ms lien 1971 103 107 1947 1st 4s gold 5s M A ser of 100% 102 M* 94% i? 98 1996 1996 87 & 100 M* 99 M* J, 1950 of B 1950 deposit series AuU«—-„«1978 ACertificates of deposit stpd— —. 109 4M2S tSt Louis-Southwestern Ry— 1989 2 Nov 1989 20 SAist term & unifying 5s—1952 10 1st bond 4s certificates ctfs AGen St ref gold 5s series A St Paul St Duluth 1st 194J 3s ser 16% 16 1974 —1975 Oklahoma Gas St Electric 2%s Oregon-Washington RR St Paul gold 4S-1968 1941 cons 1975 A—1960 16% Depot 3M8s B Scioto V & N E 1st gtd 4s ' : — 100 .105.%, , 100 Ms ' • 105 % 105 100 — ;r" -v) i .' v".v ' "r-i •';> x AGen mtge 4M2s ser A t A Seaboard All Fla 6s A ctfs 104% 105.% 1st St 1st & ref mtge 3s series J.—. 1970 St ref M 105 3s 1971 1st & M 3s L 105% 105% 105 1974 M 105 —1979 105 Va 105% 105 Ma 106 105Ma lll7/a Southern *105M4 105 7/a 105Ma 111 Southern 101 Ma 101% 100% 107% 107 107 1st & ref M 3s 1st St ref series mtge 3s & Tel Paducah St 111 1st N—i ser 2%s 1977 debs—1985 f gold 4MaS s Paterson St Passaic G St E 1955 *107% 3M2S inc conv Pennsylvania Gtd 4s debs . * E trust ctfs. mtge f s 3s Pennsylvania Consol 4s sterl Cons RR— gold —1965 ■ stpd X - 4s dollar. -May 11948 sinking fund 4M2S General 1960 4%s series A_— 5s General i XX* HI 125% : : 107% 113% J 104 Ma 104% 102 Mi series B 104 Ma , 103 103 Ma 103% 105 3A 104% 113 122 % 123 114 113 103 100% see page — 114% 1952 footnotes 2307. (Oregon Lines) A—1977 4MaS 1960 101% 1981 100% 1950 106 4Mas San Fran Term 1st 4s 97 Me 97% 99, 106 08 Ma 101. v 106 Ma Pacific BR* Co— . "-V' * 93% 87 V • .^V.X » gold 5s—1994 1956 gen 6s 1956 Devel St gen 6 Ma s 1956 Mem Div 1st gold 5s :—1996 X St Louis Dlv 1st gold 4s —1951 Vy Devel 114M4 . 94Mr ■ Devel & gen 4s series A : 94 897/a *91 % 1986 1996 1961 St 117% 119% • >98 Ma 100 Ma 100 Ma 112 114 Ma X 109 ' :: 112 113 114 Ma *—'... 124 116 98 145 Ma 109 Ma 107 123 M* llOV* 128 122% 135% 104% 109 Ma . v 104 7/e 104 7/a 105 . .. 121% 122M4 123 Ma F Gold 101% ',i X ;; 1st mtge 2%s series F s: Mi 1st mtge 2MiS ser G 104% 104% *104% — 1985 For ■ 122 % Gen ser 129 101% 100 101 1994 1st mtge Co— i'v " 1984 3 Mas Pacific X;1st mtge 2%S ser E_ 107%] 103 mtge 4M*s series E Conv deb 3M»s : vjtge , 100 Ms 106% *95 Southern Ry 1st cons 103% 104 Me 103% 1981 Gen Indiana Ry .X 104 1968 — ivi Gold 104% *108% 110 —1965 4%s'series D_ 106 Ma *101 Ma ■ iXk 1st 4M2S - 1948 — General - 1975 ———' debentures— 126 2% debentures 1———^4-—1985 • 1st 80 97 Ma -——.--1979 3s debentures 'Southern 69 1952 Pennsylvania Glass Sand 3M2S—-I960 Pennsylvania Power St Light Co— 3s A4oi 56 .... .—.—i960 Co— series 97 100% 105 Southern Bell Tel So Tel Co— 109% 110% : Pennsylvania-Central Alrlines-A - 90 Ma 25 Ma 96%fel07% 1941 1965 1976 ..1963 110 Ma ' 108 Ma ' 101% 16% 109% 105 *105 5s_1949 cons 108% — 105 132% 56 1935 & Sons 2MaS debs 1966 Union Oil 2Mas debs 1971 1st *108% 63% 106% 97Ma 2016 (Jos E) Skelly Oil 2%s debs Socony-Vacuum Oil 2Mi8_. South St Nor Ala, RR gtd 5s Pacific Gas &- Electric Co— series " 105 % 129 M» y •1 . t§ASilesian-Am Corp coll tr 7s 1966 114 Ma 35 ; • Shell series K 114 — , 93 105 , • ■Seagram mtge 3M2S series I 63 62 133 1971 1989 Seaboard Air Line RR Co— 1st mtge 4s ser A-.-——„_199fl ■ 100% Union 100% 120 85Ma. 100 7. 1990 t§ASt P & K C Sh L gtd 4Ma.S fOgdensburg St Lake Champlain Ry— 1 102% deposit series 5s ACertificates ACons 106 Ma 106 Ma 1st ACertificates APrior 105% 101% 101% St Adir Lawr iSt Louis San Francisco Ry— 112 98 99% 101% 20%, 10 2d gold 6S St h Rocky Mt St P 5s stpd—1955 122% 69 Ma 70 95% 101% 74 9 St Jos 133% 107 V4 109% 109 — 109 Ma : 42 1949 1041. Saguenay Power 3s ser A 143 V* 128 109% 101% 101 Va 2%s 109 108% 107% *107 Ma 108% — 125% l08Va *108% ; 143 138% 109 guaranteed 4s Ohio Edison 1st mtge 3S 88 71 ,35% 132 101% 1st 115 V2 109 — 1967 1967 3M2S series I 1934 ; 3MiS———1964 104 M2 v 49 t§AR I Ark & Louis 1st 4MaS JARut-Canadian 4s stpd t§ARutland RR 4%s stamped mtge 2%s ——-1974 2%s ———.—.-1975 1st 105Va 95 101% ^-1977 mtge,3%S series H Gen mtge mtge mtge Tel 110% 107 V4 ref A2d 4s inc bond Pacific 45% 108 112 Ma ref Gen ' Northern States Power Co—■ ref y# & n - ref ; i6 St Rophestcr Gas & Elec Corp— Gen mtge 4M>s series D 105% 105% registered—.——1—^—1997 1st • ,mtge: 113 112 1977 108 'A 74 .—1966 Coll trust 4 Mis ■ 102% 99 105% 107 1956 1940 registered.——.-2047 Ref & impt 4MiS series A —2047 Ref & impt 5s series.C_ 2047 Ref & impt 5s series D -2047 A 127 127 — *99% 101 w 102% 102% Va 105 Mj 907/e 127 *129 inc deb—1964 88 103 — *118% 103 Ma 90 89%; 89% *103 106 106 102 Mi 103 90 90 1958 104 *103 Ma 104 M* , t§ARio Grande West 1st gold 4s„1939 A 1st cons St coll trust 4s A— 1949 1943 3s 1st — 105 99% Reading Co 1st St ref 3Mas ser D—1995 Revere Copper & Brass 3MtS 1960 1946 Gen lien ry St Id gold 3s—>Jan 2047 (Wise) 1950 1M% 102 Ma 1968 1937 ,{j'v' (Minn) —' 99% 100% 108 1st 12% Gen Ss ref 4M2S series A——1974 ' 103% *102 % 102% 109 *104% 107 1965 Northern Pacific Ry prior lien 4s__1997 4s r 102% 103%; 138% 142 • " 129 - 102 Norfolk Southern Ry Co—A Gen mtge 5s conv inc—; .—2014 Norfolk & Western Ry 1st gold 4s_1996 North Central gen St ref 5s 1974 ~%,r •126% JAProvidence Terminal 4s 5>/2 5% 101% 1017/a mtge. 2%s_1975 cons gold 5s t§A N Y West & Bost 1st 4MaS I ' u 1975 1975 Quaker Oats'2%s deb: 1955 i § A2d ' 125 1970 1st *§AN Y Susq & W 1st ref 5s——1937 ' A___ Chester— 4s N Y Queens El Lt & Pow 3 Mas Steam Corp 1st 3MiS—— ,v- mtge 5s series 1947 N Y • 123 134 M* 126% 135 - River Power St Light St Putnam 1st N Y 1964 125 1954 AGeneral 4s N Y guaranteed 4M2S 120% 1963 1st OnV& .WestTef"^4b1IIJun"e"l992 tAN Y cons 122% 1960 4s_— 1957 4M2s series of 1927—1967 & ref t A Harlem , W* 105% 106% 116% Public Service El St Gas 3Mts 96 ANon-conv deb 4s—. —1955 ANon-conv deb 4s__ 1956 ADebenture certificates 3MaS 1956 ACopv deb 6s 1948 1A Collateral trust 6s —1940 : J 1947 ANon-conv deb 3Mas ; 4V2S 1st mortgage 3MiS t A Providence Securities 4s- 119% 82% 82% . Potomac El Pwr 1st M 3V*s.—-1966 115% 115% 105 88 Non-con v cons APittston Co 5% ; 111M4 106% 109 112 Ma 105 • • 1953 mtge 5s series B Gen mtge 3%s ser E— IN Y New Haven St Hartford RR— ANon-conv I 1st 104% 108 ♦10O 2000 1—2043 series A 105 11 1957 1st mtge 4V2S series C 1960 Pitts Young & Ash 1st 4s ser A—1948 1st gen 5s series B 1962 ,1st gen 5s series C— —1974 1st 4MaS series D—— _1977 105 * — series A guaranteed gold guaranteed 4s Pitts St W Va 1st 4%s series A 106 Ma 99% 105% 105% *106% V4 102% *107% 114 1948 2043 4s 99% 101 % 102 11% *9 1st mtge 4%b series B—*950 93% 100% 102 7/a 103% 1966 B West 98 95 ' 1951 107 107 9% 26. 10 Va 21 102% 105% 103% 103% ■ . — 108 103 % 102 10 - Pitts Steel 1st mtge 4%s 106 99 1965 money gold 4s—.—1949 N Y & Harlem gold 3MtS Mtge 4s series A series 11 - Plttsb Coke St Chem 1st mtge 3MaS_1964 Pittsburgh Consolidation Coal— 3 Mas debentures' 1965 97 Ma 1998 Dock 1st gold 4s N Y Edison 3M4S series D 1st lien & ref 3Mis series E N Y Gas El Lt H St Pow gold 5s 4s 103'A 103% * — N Y Mtge G Gen 95 *93% 102% 102% 103% 102% 103 1 1:! — 1974 Gen 1 < 100 mtge 3 Vis ser E 1980 1st mtge 3« ser F—1986. •Purchase IO6V4IO6M4 102% 1967 $■ s 106% Pgh Cine Chicago St St Louis RR—- Chicago St St Louis— Cohnecting RR 2%s 1971 Series 109 Ma 77 Ref N Y 2%s — Series 114 Ma 93 1998 3%s registered Mich Cent coll gold 3M2S 3%s registered rel Series H cons guaranteed 4s 98M» 102% 1997 F Series 99% 65 4s Series 95% _1997 , & 1937" 107 Ma Ref 142% 125% 135 105% 108% 137 125% 125% v 1964 X.r/X'fv'.'J Ref , 1st I 4s 109Ma deposit V —1974 ... 94% •.}'•'/&: • 1980 107% 98% 105% Pgh Cine Chicago & St Louis Ry— Series E 3 Ma8 gtd gold 1949 108 90 Mi 88 deposit— A of ,-v.-''. 109 83 D ser B t§APhilippine Ry 1st 106 1956 of ACertificates V:' 85 deposit— series Electric 94 v 36 106 ACertificates of deposit Phillips Petroleum 2%s debs 90 1956 of Phila 66 - 1974 C 1st St ref M 2%s— 92 Ma 88 Mi series-D 3%s 65 1st gold 4s— series 5s 65% High 103 : : 106% — Apr 1990 General gold 4'/2s series C—1977 Philadelphia Co coll tr 4MtS—. 1961 111% 73 deposit C ACertificates A 1st General 108 % 84% 1954 of Marquette Ry Phila Bait St Wash *103 ' 66 Low High 5%s _. 1st and ref 2%s A——1935 B ACertificates Pere 108 103 4 deposit 5s 110 102 2 103% 104 „ 118 104 103 *103% 104- ext- AIncome 4s___ 127% 107 Ma 1960 Eastern 4s Peoria St Pekin Union Ry, 114 V* 118 7 120 Low 1947 Peoria St 103% 123 Va 11 109%' *—107% J-J Peoples Gas L St C ret 5s— 105 Ma 88 5 123% 124 % __ F-A 94 88 . M-N 50 91V4 : High 107 W 110 '/a Range Sbtee January 1 Bid A Asked r Mexico Ry— ACertificates A 1st V.' 91% .. J-D 3-J High *107 Week's Range or Friday'a Interest fork Stock Exchange New I Range Sine* January 1 Sold "' 115 Southwestern Bell Tel 2%s debs—1985 Ma 114 113 Ma 114M4 102% 103 7/a • X 100 100% ASpokane Internat 1st gold 4MaS—2013 Stand Oil of Calif 2%s debs—1966 Standard Oil (N J) deb 2%s 1971 Sunray Oil Corp 2%s debs„ Swift St Co 2%s debs 1966 1961 101 Ma 102 *46 % 47 Ma *104% 105 Ma 100 Ma 44 104 M* 107% 67 Ma 107 M* 98 Ma 97% 103 103 103 Ma 103 Ma 102 M4 106 97 Ma *102 Ma 99% [Volume 164 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4539 2307 NEW YORK BOND RECORD BONDS New York Stock Last Period Sale Price Bonds Friday's or Bid & Asked Low Terminal RR Assn of St Ref & imp M 4s ser C J -J 130 130 > 1 A-O 10414 104'/a 10 M-N ,—1985 1965 106 106% 28 Texas & New Orleans RR— 1st & ref M 3V4S ser B 1970 A-O ..1990 ; Gen & ref M 37/«s 101 A-O 2000 ser E 1985 101 96% 137 Va AGen mtge 4s inc ser A—Jan 1981 Apr 103 V2 109 86% 108 AGen mtge inc 4'As ser B—Jan 1991 1st mtge 3'As ser B 1971 Apr 105 J-J Texas Pacific-Missouri— Pac Tenn RR of New Orl 3%s„1974 Third Ave Ry ls£ ref 4s 1960 26 101 F-A 100'A J-D 103 J-J " • 97'% Warren RR 1027/s 98 V2 Baking 105% 59% A-O 59% 53 M-H 96 3A h-O" —: — 110 Pacific MM. F-A ' ' 103 5s 1975 A-O *— 103% A-O *„ 34Ya 1967 23/4s debentures Union Pacific RR— 1970 mtge 2'As 1013/4 1976 F-A 103 1991 Af-S 1966 A-O 1976 M-N 1959 „ series C United Biscuit 2%s debs U S Rubber 2%s 102 J-J Af-S .102 .v-• debentures Ref J-D debs Universal Pictures 3%s debs 102 *1 ' .• '• 4V2S inc J-D 103 ■:/ 103 101 102 ; Winston-Salem 107% 933/4 1013A 99% 993/4 — 99% Gen * ref & 99% 2%s M 101% V of 993/4 104% ACertificates Electric Public Elec & 23 96 72 108 85 276 72 108 % *101% 102 66% 64% 65% 66% 94'/a 91 64 109% » 106% *106 104 99«A 100 108 104% 104% 105% 102% 103% 104 108 123 90 117 117 117 69 74 58 65 87% 21 Va 26 20% 56 22 Va 51 -1949 *23 Power 3%s_ 100'A 100% *109 Va 102 Va 109 A*100 2 110 2% Power sale not included in hot sale year's range, d Ex-interest, e Odd-lot sal© not included in the year's range. rCash the Included . . 200- tTlie price represented is the dollar quotation per 106 Va 104 pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484. tCompanies reported as being in bankruptcy, receivership, or reorganized under 123 the Bankruptcy Act, 122 Va 99 Va Beotion 77 of or securities assumed by such companies. ♦Friday's bid and asked prices; no sales being transacted during current week. selling flati^J";.- 115 103% 113 *105% 108 103 3/4 1041/a 103% 101% 65 69 Va 100 U47/8 A-O M-N 101% 101 Va ,■ 101 % 101% 69 deposit delivery 109 73 85 the year's range, n Under-the-rule sale in the year's range, y Ex-coupon. " in 116% 79% 101 101 . J-J 1st cons 58..—.^———.——. 1958 Virginian Ry 3s ser B —1995 111 96 Va 79% 101% §Negotiability impaired by maturity. 102'/a 102 Va *100% 104 Va 1 85 A— _1992 series Service Lt & Deferred Included MS 109 35 105'/a 843A of Wisconsin not MS 107 Va 106 MS §ASu & Du div & term F-A Power Co— 1st & ref mtge 2%s ser E 1975 Va Iron Coal & Coke 1st gold 5s__1949 Va & Southwest 1st gtd 5s 2003 117V4 105 J-D 1st 4s—;— -I960 S B ACertificates 104 M-N 1957 114 87% Wheeling Steel 3'A series C_—, -1970 Wilson & Co 1st mortgage 3s_—. -1958 a Vandalla RR cons g 4s series A—1955 Virginia Electric 4 — 114 100 Va 101 Ji 1; 104 82'/a —2361 t§AWisconsin Central 1st 4s— *99 99% ; 104 3/a 8 / 68 Va 104'A ' Yonkers f 4s series B 56% 101 Va 87% _1949 104% 105% 37 953/4 A 95 102 : — 102 105 103 102 Va 105 % ,2361 Wheeling & Lake Erie RR 4s . 1013/4 >: HOVa 7 : 65 Va MS 1951 1960 101 Va 17 99 2 107 • 108% 108 Va " ._1971 Wisconsin s 107 % *105% 106% May —1950 1st 4s guaranteed— Registered 34 103 72 77.'■ Cons 95 % 114 J-D A—2014' ser debentures West Shore I'< •••• n. A-- < 102 107 13 101% 102 .; 102% 34 , ' ,'v 112% /" 104'A 104 - 1947 1st & land grant 4s 27/as J-J 109»A 1 110V4 110 Va .1945 •/ %.■ AT-N Union Oil of Calif 3s debs 50 Western Union Telegraph Co— 2% -1971 1st mtge & coll tr 23As t§AUnion Elev Ry (Chic) 97 Va *99 Westipghouse E1& Mfg 2 VaS--— -19513%s 106V4 101% 101 Va A-O _ of Mo 97 *58 • J-J 30-year 5s Electric Co 83 Ya 70 106 ' \ Q-Af 1966 Maryland 1st 4s Western 101 »101V4 101% Western 110 *101% MS 82% 105% Funding & real estate 4VaS 25-year gold 5s Union 90 13 100'A 96% 107 Y; - F-A 1952 3V2S series I Power 49 MS Tri-Continentai Corp 27/aS debs—1961 West Penn 102 — 86% 99 5VaS Co 1st ref gtd 103 104 J-D High Low 85 *91 " AAdj income 5s Jan 1960 Tol & Ohio Cent ref & lmpt 33As__1960 Trenton Gas & Elec 1st gold 5s—1949 Range Since January 1 Sold No. * debs «; 1970 gold 3%s—2000 Washington Central Ry 1st 4s—1—1948 Washington Terminal 2%s ser a—1970 Westchester Ltg ,5s stpd gtd 1950 Gen mtge 3%s~ 1967 88 Vs 104 Bonds High V . (subsordinated) 106 98 103 103 t ■31 100 Va 99 98 132 Ward 152'/a 93 127% 100% 104% 101 V 100 Va 58 96'/a 94 ; J-D Bid & Asked 128 Va Walworth Co conv debentures 3%S-1970 gold 5s Week's Range or Friday's High ,;. C ser Last Low Wabash RR Co— 2019 imp 27/aS series D Texas Corp 3s deb Friday Sale Price - Exchange Stock York Low No. Louis—/ Ref & 1st & ref M 33/8s Texas & Pacific 1st High New Range Since January 1 Sold Interest Period bonds Week's Range Friday Interest Exchange *1 for week ending november range ABonds 'V/A ■■ NEW YORK CURB EXCHANGE WEEKLY NOTICE—Cash and deferred delivery sales a lootnote >n In Oct. in the week In which the 26 they occur. following extensive list and AND RECORD YEARLY show* disregarded in the week's range unless they are the only transactions of the week, and when selling enteldt the regular weekly range are No account is taken of such sales in computing the range for the year. are furnish we complete a of record transactions the New York Curb Exchange for the week beginning on on Saturday, ending the present Friday (Nov. 1). whether stock or bond, in which It is compiled from the daily Teports of the Curb Exchange itself, and is intended to include every security, dealings have occurred during the current year. , 1 any RANGE WEEK ENDING FOR NOVEMBER 1 / > -1:'''';i- : ' STOCKS New York Curb v//: '■ '.0 A 'C-".; .: ■ •» Last •• \ . of Prices Low ACF-BriJl Motors warrants——. Aluminum Acme A Wire F D Co 5 Va J.—I Mfg Convertible Aireon 60c Inc Power Allied Products 10 5% 107% Ltd Bantam Co 1 common ■ General 100 Coast Coast Line preferred Voting Sep May Avery (B F) & Sons common —5 6% preferred — -——-—25 4 Va Sep 121 Sep 25% Jan ' V 116% Jan 107% Oct 3% Oct Oct , 7 ' IY4 . 60'A 15 % 2,100 :10% Oct 49% 700 47% Jan 52 Sep ■ 6% ' 1% ' 10,200 13/4 9,000 19 18 19 39% 383/a 41 111%/ in;: ., 41Vi Sep 1% Oct 750 16 Jun 53/8 Jun shares 3% 4 Va 16 Beau-Brummel Mills Beaunit Apr Beck Sep Bellanca 20 33% 34% 700 common 25 21 21% '_ 25 28% 29% 25 14% 15% 150 47 1 2% 2 14% 2,900 51 54 Feb Oct 27 3 V, 46 Jan Class B Seal-Kap common Superpower Corp com • 33% 30% 33'A 13% 11% 13% —2 6 Va common Post Products • 2 Angerman Co Inc common Anglo-Iranian Oil Co Ltd— 6% page Bickford's Inc Birdsboro 32% Jan Blauner's common 2% A Sep Oct 57/a Jan Jan Oct 16 - : ... New Blue Ridge Blumenthal Oct Oct 57% May 57 Va May Bohack 30% : 24 V8 Scrymser Co Bourjols Inc . 11% Oct* 5% Oct ^ 11% May Apr 7% (H C) 1st Co preferred 1,600 7% Oct 12% Feb 6% Oct 15Ya Feb 8Va 1% Sep V 1,300 7% Oct 3% / 89 Jan Brazilian Jun Breeze 7% Feb ' 17% : 7% 6% 113 4 Oct 7% 2,200 6 Ye Sep 113% 80 111% Oct 21 Feb 67/a 9 Va May Brillo Feb Sep 116%-Aug Traction * * & Pwr —i—1 Mfg A British Co common W- ' * * — i.fd.u.wHM-nrimy.w'n-11 American dep 1 Aeronautical—— British-American Am Lgt Corp common Brewster ClaSS 16% July 113 Va 11 Va 113/4 500 » Jan Oct 22 Va 25 Va Feb 28 Apr 26 Va Oct 41 May 11% Jan Oct 63 May' 40% Sep 44 Aijg 11% Oct 20 Jan 8% Oct 12 Mar 5% Opt Oil L. ir „j ;|I8 ■; 13/4 10% Jan 30,500 / ^ Tobacco—• 19 50 25 17 25 Jan • 300 , 2,000 Oct 164 : 30 18 450 110 4,300 2% Sep 22 300 700 >. 34 - 43 350 230 ,132% 140 38 1% 21 20% ;r, 15% ■ t/, 38 19% 4 "7% 40 500 '. 1,800 1,500 4% 4,600 15% Oct 4 '/•§ Sep i 31 Feb - - 4,300 8% — 200 31% ''•[ 5% 31 Jan Jan Sep Feb 23% Apr 19% Aug 16% Oct Feb Feb Feb 12% Apr 6% Sep 33 24% - 65 31% Apr 27 Va Jan 17% 22 ' Oct Oct 18 ^4% 150 25 15 18% Sep x 6% Jan 56% Jan 39% Jan 70% May 37% Sep 122 Oct >. May 49 Xl2% Oct ,■> 21 1,100 40 Oct 54% Sep Oct 150 27 : Jan 6 24% Jun 16% Feb Oct 3% Oct 6,700 ■ i- Xl2% Oct 25 25 ■ 7 28 22 40% Jan 19% Jan 9 ZZ-4 34% Jan - Oct : xl2% xl2% 3Vt 3% 55% 55% fv 17% 203 Oct Va Sep 3Ve 3 9% Feb July 3% Sep. ,700 165% 168% May July 39% Apr 33 % May 21% Oct 20 .: Feb 12 Oct : V 8 4,000 ; July 12 32 Sep 6% Sep 2,000 -* f" ~ Co__-I rects ord bearer—— £1 ord reg —£1 Am dep rets ; V 1 —* 100 Bridgeport Oil Co 7% 36 50 21% Bridgeport Gas Light Co 700 1 4,400 413/4 35 — Oct a 40 41% :' 25 Jan 7% 36 . 35 : 5 6% 30 100 * 1———* 1 Borne, 43 7% 25 30 22% common 3,300 24,200 ■ 26 Corp common 1 convertible preferred—• (S) & Co * 57% May 3,900 8 26 $3 optional Oct 5% 'i 7% 26 3 1% 7% 400 1 56% • 1,600 Jen 10% 63/a 12 Va 22% common 31% -- 18% 12 & Mach Co com_* * Steel Fdy 33% 600 38% Maq 12% 100 common--. 24. .14 Feb :•/,11% Jan 1,500 common— preferred- 29 Ya May 3,500 ■ 8 ——1 : . 1% - J * 7, .73/4 1 Gay Furniture & Oct ... 2311. Hedges Convertible Berkey Sep — see & Sep Am dep rets ord reg—— £1 Angostura-Wupperman ;-l Apex-Elec Mfg Co new common., 1 Appalachian Elec Pwr 4%% pfd—100 Benson 19% 700 33/4 ,, 2,100 1 Canada 50% 5 31 YB 2.50 1% 5% 30 1 com Aircraft common 14 Va 4,000 ■ Apr 31% 1 •56% American Thread Paper • ; Jun ; - 10c series preferred———• 5% preferred5 6 Jan 13% 55 200 5 Shoe Corp (A S) 26 Va • 50 31% 10 ,, Republics American • 13 4,400 /. 91 12'A May Oct •*, A common Ties 800 15% 16% Jan Oct 2,000 ■/; •* Inc 400 -v Sep 8% f 60 Aug f: 32% Oct ' 31% Jun Jnn ~ • 5Va Feb • & Chem class A Sep 51% i, 7% : 20,500 1 -* . & Co common— (L) Bauman i'i 49% 150 $ Sep ■ 113 Va 3 Oct 5 6Va 38 Inc convertible Sep 3,400 l3/a 175 5 30 ------------------ Seelig Mfg— Refractories ,109% Jun 75 300 6 7-% Steel Corp---—————1 & $1.20 Basic Jan 29 Sep 37% 6,500 111 3/4 5 Feb > 27% Jan V;/; 14% May ~l5/a 55 30 —— common Andes— los American Barium Barlow 4,100 47% de Banco 11% Apr 63% May 5 44% r Locomotive— preferred Baldwin Rubber. Co 22'A Jan 49 47 52% Sep 2,000 6% * 7 % 53A May 76 Apr 20 9 Va B Baldwin 5% Sep :,;•?/ 2% Oct v- Oct 12 Apr 115% V .Jan ' 8 1 Wilcox Co Babcock & 207% Aug 114 V2 May 127/a 15 Vi . ■m.*. Feb 26 • / 1,000/ 9 3/a 60 Feb.'- >• Sep Oct 6,100 h\ 800 10 ,' ' Jun 8V4 11 Sep 1103A Oct 90% May 150 3% Machine Ayrshire Collieries Corp Mar Oct 9Y4 ioy8 6 A-' Automatic Sep 14 5'/a • Jun Jan 750 'V 2 Y4 1 Co—— 1 Products 15% 49 Products footnotes* Automatic 100 xl75 3% 3 1 Co 50 16 / 33A 600 ls/a Corp May 18% 48% Metal Co pfd—100 Co warrants Atlas Plywood Corp———1 Aug . , 16,100 ;y:ti; Fisheries——————1: Oct X112 15 Meter Writing 111 Oct 100 ; 15% 25 preferred— American American Potash Atlas 1333A Jan ;; : 8 9% r6 * Sep 500 19 107 Va 107% Corp common—10c American For Atlantic Bell Tel of American Mfg Co common American Maracaibo Co Anchor Atlanta Birm & Coast RR Jan 5,000 :•///■ 4% 100 :/ convertible American Jan Oct 12% * Tel class A 29 19 107% III10 Electric American Light & Trac 6% preferred $6 22% 4% Oct ■. ■ 163 common- —10 American Hard Rubber Co American Laundry Mach Amer Oct 60 25 preferred., American Jan 112% 1123/8 6% convertible $2.50 Laundries Tel 9% 4% 10% 111% 111% 14 10 Va £1 of America Associated & ! reg Associated 6OV4 American & Foreign Power warrants* Fork & Hoe common rects dep Aug , 3%' lO'/a — High 15% Jun Oct Oct Electric Industries- American 38 107 1,500 175 B & >' 15% 1 Co Associated Feb 17 V2 85% VI 5 19 -,,,1 Mfg Cyanamid Feb • Oct 705/a __ Central Apr 5% 21 Oct • 6% 3 V4 2,800 5,400 4% 4 l, Low High 7Va,8 . 4% 23% Feb Atlantic 130 * *—10 i Arkansas Power & Light $7 preferred-* Aro Equipment Corp.—-—: —2.50 Ashland Oil & Refining Co—— 1. v 4% Aug 2,500 94 623/4 • • Co A non-voting— Sep 11 70% - American $2 8 4% — 9 19,700 2,500 5% ; 19 • common class preferred 4% * American Cities Power & Light— Class A American ;—-1 ——. Natural Gas common——* 10% • Car Beverage 7/ 4 3/4 % 5 '->1 —100 Book Gas 6% 73A Oct .37 ~6 Va 4Va . common,, .—5 common American American Common Jan 26% Oct 3% Oct 200 107% 107% 4% • Mfg American Class 11 300 .—1 pfd. conv preferred American Jan 13% Oct 12% 1,700 ;|,7 10 7 7; 112% Industries American 12 3/4; 90 ' preferred Aluminium Jun 30% - 1 common Goods 6% 12 "5 —50 common Aluminum American 11 12% 9% 3 pfd (Mich) Aluminum p 1,600 y-'hm .,4 6Va Inc__ Investing $3 Co 22 " 4% Aug 3% Sep • Int'l Aluminum 6% 3 3/4 10 preferred Altorfer Bros Co .' 12 12 3/4 50c & Fisher common Allied 200 26% 1 common 4.20% Airlines Argus Inc Arkansas 11% Range Since January 1 Shares of Prices Loto Sales for Week Range Last Sale Price Par Feb Oct 8% ,Oct Oct 3,900 3% .—2 preferred convertible 33/4 IT—5 (N J) common Alabama Great Southern—— Alles 10% • Air-Way Electric Appliance——. Alaska 8% "BYB ~5Ya ; 1 common Mfg Corp Alabama 4% * Week's Friday . . High 20 Supply Mfg class B Agnew Surpass Shoe Stores Investors -10% 5 Aero Air 800 5Va common U Air Associates Low High 4Va: * - - , '■ Range Since January 1 ' Alloys Co Alnsworth Shares ; Par Acme v * New'York Curb Exchange for Week Range Sale Price STOCKS Sales Week's Friday Exchange ■. v 24% Apr 36 '• .Jun 27 Aug 21% Aug 24% Jan , THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK CURB RANGE FOB WEEK . "-V STOCKS New York Curb Exchange Friday ' /Week's East .Range Sale Price, Par '''v Low U^iT y$6,P fCt8 iv. °rd rcS- Columbia Power ■".Class B ——10S class A- 4% » —.'.i.'. " High Y'i 1,600; * ■ Brown Pence ■y'.jv'-rVZ &"wire"~Co— Rvn^e»changea t0 Jim Brown Stores Brown -Porman Distillers— ®5. prior . preferred— :—I ...1 Bruck Silk Mills Buckeye Pipe Ltd—. •"'** i ... ,8 , ; —• 13/a '1,200 3,300 1% 6 3/8 123/4 1% 4 Am Oct Jan $ 10% 3% 11% 93/s 100 9% . Jan '■ 2,000 3 ' i6 12 ;! 17% July; Sep Sep 8% Oct 300 3,600 17% 12 3% , 6,700 15% 12% 28 3/8 : Oct 13,700 38 % 41% May 21% May Jun 11% Mar 22% Apr 22% Apr Z 83/8 Feb 3% Sep v : 15% 24% Feb . Oct 10 .: 13% July ■■ Sep 15% 800 2,000 33/4 ; Feb / 393/4 May 18 10% Aug 7% 17% May , 23 Va ; 100 / May 37 • Sep ,(„■/ 7% Sep 4,200:;; ? 13% May Sep 233/4 2,400 , >\ Jun- 180 133/4 ^■ ./v '' reg—.T—rr.J.;Z..„.£t- dep rets■ ord Feb 26 8% V 50c 11% 123/4 « ;. . 21 145 , 3% 10% 10 Oct 10 10% 24 3% , High . 10 / 26 1 u 155 24 1 Range Since January 1 P-;-cLOW^\:^ 4,200 12% xlO -y. , v Shares High 10% 155: Dominion Steel & Coal B.—......2S Dominion Tar & Chem Co Ltd——* Dominion Textile Co Ltd 19 V» May 7% May ;; , 12% Divco Corp common^.......-.... l Dobeckmun Co common.. Domestic Industries class A com....4..1 Dominion Bridge Co Ltd—....... * Feb 12 Oct 5% 500 Raynolds Class B Diana Stores Corp com Distillers Co Ltd— Jun 8,300 . Devoe & Jan 26% 14,400 ' 55/a "153/4 11 Gasket & Mfg • Gray Iron Foundry ,; Detroit Mich Stove Co common Detroit Steel Products..... July 30 . Sep 15% Sep Low Dennison Mfg class A common—--.5 8% debenture .... .^.....100■ Derby Oil Co common-.. q Detroit 14% Jun 50May Oct.;'. iey4Mar 183/4 123/a V;; 35 "i—' 12% 6% pp«.' Oct 7 100 '■ 16% 1% _IZIZl2%o Jan 2,200 .11% 7 183/4 ., 34% Aug 102% Feb Oct 100 37 Z'W-.V- 113/4 19 5 37 * . 7'A Jan 81 ■:■■; May 4% Jan ; for Week of Prices Pat, ., Sales Range Last Sale Price Detroit 5,000 8 High / .; 2% Sep ' ; r, 7 '5 Line..-..j.ZZI""'"^"*. "" ?~5Q Bunker Hill «fc Sullivan-— Burma Corp Am dep rcts_ Burry Biscuit Corp Butlpr (PH) common 215i| 19 »- ■ . . Brown Rubber Co common ®ruc® (BL) Co common—■„,aU 20% -■ -4% Sep 25% Jan ; £.;Z ; LOW Week's Friday New York Curb Exchange Range Since January 1 Shares 4% i'4% ■'ZvVZj.Zj; STOC KS for Week of Prices ■British' Celanese .Ltd—'; / EXCHANGE ENDING NOVEMBER. 1 Sales ' Monday, November 4, 1946 Sep July Apr 223/4 Sep 107 Draper Corp.. ; Cable Electric Products common- Voting trust Cables & certificates 50b 2% *2X1 - 3% nM 'ri Power' ; - —""—fT 103/ - lnsurafeai:*"^™! Canada Bread Co Ltd r Ltd~7ommqnZZZZZ* 12y2 2% 30% Capital, City ProductaZZZZ Carman & Co class -A. Class B Carnation / * ^,33% * ; • "< 46 8 Amerfc5ZZ~Z~*,~~ ■ • ■ conv I0? Product ~ g common "t/2 _/I preferred City -City C Auto 20 223A 18 22 A • I -L " 1 30 'ZI Mines ^—1.. H . 33/a convertible preferred... L, , -8% 5% ... — 9 „ 25% 2% 10% 1% 80 5% • p 91 7,000 900 1,900 3,500 5.%, > , 121 Oct 6 8% U85 • . 7% 14% Oct 3% : 44 / Oct 3 36 Oct m Nov 63/4 11 i Oct Apr Jan 38 Jan _ 213A Apr 5'A Oct 2: Sep, 40 25 Sep 22% '24% 105s/ai05% 7,800 203/4 Oct. 17 Oct 25 Dejay Stores common For footnotes see 60o page 2311. 35 75 9 3,800 ■ _i ~ 11 11 Jan - 27 Apr - 20 —1 49% 50% 1,200 11% 11% | ; 112 Oct 16 14,600 100 9 ■ 39% Feb 53% Apr Apr " Apr 'i Jan A3/# 2% Sep Sep Sep 66 Jan. 22 Feb 28 Sep 34% Jun 10 Oct 45 11 600 ' .10 : 4% Sep 30% -Apr 3% Sep Sep 14% Oct 45 Sep 109 ; Jan 17% 125 2% 1053%. Sep 13% Sep Oct I Airplane 10% 1 Insfc Co & 45/a 300 31 8 34% 11 Oct Oct Oct Sep, 103/4 . 4% 5 -1 I 20% .♦ 133/4 —1 133/4 18% Feb? 17% Febi; 8 3/« Sep Sep 26% Jan Oct 40% Apr 173% Feb > 12 13 11% Jan 25 Jan 29 (Phila)—— .10 53% 56 53% Oct .10c 2% 70% Feb J 23/4 Sep Corp , 37 1 —— rets ord 2% 39% 37 19 common 19% 18 2 Sep Oct Feb 37 Sep: v Oct 31% Apr 5% Oct 8% Jan s 5% 5¥a 21% 21% reg non-voting : voting— , 20 15 Co 3 Oct 100 41% 1.000 27% 17 1>400 15 . ;;; 41% 42% 14% 13V4 14% 1,800 25% 23% 26 & 1,700 stock — /v 9% Jan J-;: 51 Aug Jan Oct . 13% Oct 23% Oct 40 80 Sep 110 150 — preferred— Oct 17 ■ 42% Oct 41%. Oct 101% Oct CouZ—i;-—-i (Gee A) convertible Jan 73/, Mar 7% Mar Inc- ; '4%%/' convvpfdj-^..— Franklin Stores ———— $3; conv 35 Sep 3% 3% 38 & Simon 293/4 Jan 19% Sep , 15% 4% ' 30% May5»; ; Garrett 36 Gatineau 5% July July July 22 Jun 18% July 10% Jan —...—5 common— Power Co Jan Jan 14 common 97 preferred^.^———.^—i.100 Gellman Mfg Co common.^.—; 5% 6 1,100 5 33/4 43/8 1,300 3% 107% July 14J/4 Jan Oct General Sep 36% 108 v , :''■■■ 38% Jan Feb Feb 5% , General 39 ; 8% Plywood Corp.. 22% • Preferred 97% ;t Gobel (Adolf) Godchaux Sugars class A—.. 6% #-.-<-1 B 6% 20% , 193/4 1,100 18.:■'■' Sep'-'■•:. 18% '19%- 3,600 18 Sep 15;% 15 16% 2,300 13% Oct 5 5% 1,000 4% Sep 57 Sep. .41A ■ — 24 —..... : Pacific Tea— , , 4' : - 17 r ,. z |01 105 137% 137% 40%- 41 ... 8%' Feb. ? 47'A* Jan 4 •" 14% May; ;' 23%-Jun' ^ 7% 53 134 Mar ' 37 Sep 163/4 17 3/8 900 16% Sep; 13% Jan xlll3/4 May 12% Sep Jun; 135 Feb; 'Apr 147 -July 46%-Aug; " 233/4 Jan 28% May 116 Aug 20% Jun Hall Lamp Co——. Bridge Co Hamilton HammermiU Paper /. Ltd—— Jan 16% Jun; 173/4 Feb 8% Sep 6% Sep liya-Feb) Oct 523/4 May 29 ; Jan 37 %^ ; 50 2,000 - 71 Oct Oct- Jan 22% Apr : 19 3/8 Feb -Aug: '4 .93% Sep 16 3/4 Feb/; 44 107 • 450 ; 69 i. 14 Vk Oct a Z ;Zv/:375 ; Jun Z 26 Va : ; 83/4 . 24% Jan * 1% Sep 40 Sep 10% Mar . . • . x Oct Jan 29% Apr 39 Jun: 28 'Jun 48V4- Sep . 15% Oct- ; . V; 105' Non-voting common stock— /; 7% 1st preferred.—-—.——^.100 io% Great Northern Paper...,.—25 Greenfield Tap to. Die. —— ■* .19% : 103 •; . to Feb 19 19% * Feb Z 55 Oct 193/4 ;■':■ 6% Oct 43 %. Jan ' 100 .. Atlantic ;( 203/4 $4.50 prior preferred Goidfield Consolidated Mines Great ' 203/4 " 1113/s- Sep ; 27 %Jan 115 Oct ' Apr " May' 110; ! Jan V 18 Apr Jun 6% 193/4 Oct 400 . / 23% 52% Sep 20 £ Jan ? 140 Sep 5% 3,300 ; -24 27 • s | 600 104 104:* :l% t 1%. 25,900 -1---1 : r\V4, : Goodman Mfg Co———50 400 11% 12 Gorham Inc class A—..——-—* £ ; 54% ,553/4 ;i,,i .550 Gorham Mfg common..10 i: 55% : 173/4 20% 20% 1,200 Graham-Paige Motors $5 conv pfd__25 500 7s/s ; 8.. ; 7% / Grand Rapids Varnish.^^——,1 4,500 ; 10% 83/4 '10% Gray Mfg Co—4—--—.——~5 153/a 16% 3,600 Grayson-Robinson Stores—!———..1 ■16% Class / Ino* common—: 1 Feb 31% Apr Oct 96 - 17% Feb??; 10%, Apr; ■■ 109 111% Jan ——5 Inc 3 110 Co.w—u—_—-i---*: Gladding McBean & Co— —-* / Gleaner Harvester Corp..—i .2.50 ( Glen Alden; Coal —* ( Globe-Union 97% v Gilchrist ■ •■■•■'' Jan Feb 12% - 11% Jan :4,200 3% —-* • ■• 0% 18% ; 104% Sep 3% $6 convertible preferred. —.* Georgia Power $6 preferred—'———,* $5 preferred— —* /Giant Yellowknife Gold Mines———1 Gilbert (A C) common—-\-T-—~* ■ 20 500 24 15% .17% General Public Service $6 preferred—♦ General Shareholdings Corp com——1 / 3% • -104% ,100 1 1 400 4% 4% Sep Oct Sep Sep Sep Sep Aug 16% July 39 .7 % ' Warrants1 Fireproofing common General Outdoor Adv 6% pfd. Feb 13% 15 ord reg.———£1 Corp common.——1 preferred series : A————10 General Jun 20 * Amer dep rets General Finance o Apr May Coi——... Col Ltd— ' 1 Alloys Gen Electric 6%; Apr 60 : Corp ' May 10% Jun Sep 6% Oct. . 3,300 Fuller 24 5% Sep 11 8 17 46% 111 9; 40% - 23% May 10% May 200 84 > f 12% Oct Oct ' 800 150 May Sep 2% — 16% 14% 77% Mar :783/4.Jan 166% July bep 4% 1,500 . 9 Gypsum Lime to Alabastine———..* Davenport Hosiery Mills....; 2 50 Davidson Brothers lnn_.r.w.. j Dayton Rubber Mfg class A conv^_35 10U 1,300 2% Grocery Stores Products common^25o Gulf States Utilities $4.40 pfd —100 , 6% 19 Franklin 5% Feb Oct 271/4 350 Feb 9 25% : Febb loya 2% 271/4 100 Sep 44% Aug Oct ?5% 575; July 26% July 7% Jan 110 Sep. ; 24% Mar ,2 3% ; Sep 25 Va 16 Oct 68% Oct ; 900 18 dep rets bearer Fort Pitt Brewing Co. Fox (Peter) Brewing Oct 17% May /"33-;\ Feb> Oct 1 13% / 19 - Oct 4,700 14 2,400 1% Amer 953% July 63/4 Jan Oct 8Va " dep Class A July 112% Aug 12% Jan 6.1/8 ig 67 >M,300 68 69% 1 Ford Motor of France— Jan Apr 5% 105% « ,j 7,700 2%. 11% ; : Z26%r Jun;: Oct , Sep 71% Jan 2% Sep 5,400. 75 , Sep / 16% 600 11% Jan Ford Motor of Canada— July ; y 800 27% 10% 13 01,800 119 "*3% / .15 common CM H) Co— ;/ -Class B Jun 25 400 log ' 49 Oct 73/4 Sep 3,000 2 50 .... Sep Jan 70% 13,100 33/4 f Am 11% Oct 5 Jan 153/4 .17% **Z g®4% . common- Oct Sep 42 16% 1 1 1. 50 to $1 Stores Ford Motor Co Ltd— Feb 17% g ^ .Apr 9 Sep 85 3% 15% May 7% Feb 42 14% 4 563/4 Oct 525. 2,300 % Jan Oct "fl% ._25 , 48 Sep Sep :> 24% i% 41 • _.-■' a Jan 2 500 ; / Sep 67% -10 div cum pfd $2 6% Jan 43 Oct 1,650 16% 85 74 • .. 9% 40 8% 69 Metallurgical.—. Fishman • 50% July 12% Jan 2,800 v 51% 13% convertible preferred. ;Eirst' York l Apr 30 1,600 6 3% 3% r.: ?io common Tobacco common. 32 S 98% May 1% Federal Compress & Warehouse Co -25 Apr Apr Sep % - 7 . Crown Cork International'A—, Crown Drug Co, common , Oct 4 8,600 : 6% -, $6 preferred Cuban Atlantic Sugar 11% is m 34% iVa. « 17 % Sep 25 1,500 14% ; 3 19 1 . Oct 12% 2,100 2% , . 25% 27% Oct 2,600 16% ■9 % i« Crpft Brewing Co___ ZIZZZZZZ 1 r 2% Crosley Motors Inc_.__„_. J.72 Crowley Milner & Co " •. TT,/ Crown Cent Petrol (Md)^_...ZZZZZZZ5 Lighting.Ino :: 115 - 46% Oct 8 common Fire Association Jun V 107% £1 ■ 50 105 Oct , 11% 900 77' Jun 750 50 / Fedders-Quigan Corp Mar 40 i?i/„ 1 (ord reel 20 300 15% "so .... Curtis Mfg Co (Mo) 13A 17% 1 — Feb 300 : 5« preferred...."" 9 90 iv —c • : Corroon & Reynolds ®6 -preferred A... Cosden Petroleum common Curtis 10% 74 Jan 104 55 46 Juii Oct 1,800 ?% 5 50% Oct 111 Jan 73/4 Jan 250 2% 8% Sep 1,025 50% ..j. Fairchild Cairtera July 21% Aug 300 10 i 156 Jun 6 793/4 77 / . ~"ZIZZ"~ 1 Cuban 35% 8% 1,400 593/4 5 Fairchiid Engine Falstaff Brewing 15% May 118% 118% l; Jan ~2% .50 $3 July 153/4 32 47,200 771/2 ; Oct 108% 109 '109 gi/2 166 44 Va • Oct 2% Eureka Pipe Line common Feb 184% May 41% Jun Oct 58 i ? 2,600 l®6 153/4 oll ..—- 5% 2% vTSn/. 8 ~ Oct Jun 4 . / 5,200 " 27% 9 8 55 Esquire Inc , 34% > 19 9% Oct 38 Mar '. 200 3^S /a ' May £ ;/ 88 Oct 3 7,300 1,400 5,700 4% %/ , loo „ Cooper Brewing Co... preferred 225 : Apr 1043/4 May 92; May 42% Jan Sep Sep 115 Elliott Co I Oct 200 16% 89% 54 y« .... Elgin National Watch Co ; 4% . 300 - 30 25 35 , Cook Paint & Varnish Co... 5% 66 J* ""Ton preferred.. Crystal Oil Refining 400 41% 27% 5% Consolidated Mining & Smelt' Ltd... 5 Consolidated Royalty OiL. lo Consolidated Steel Corp new com. * ■ Consol Textile Co... : * iTL. * Continental Fdy & Machine Co 1 .7% 21,000 10% 12% 2fi 1 ; Jun Oct < , Co Courtaulds Ltd— American dep receipts Creole Petroleum 3%. . 20 Oct 450 1,425 pfd— .100 Emsco Derrick & Equipment— —5 Equity Corp common 10c 15% . ©00 6,300 Xl2% Xl2% His 33/a-:'/4'r-' » __ convertible 16% •43% - 13/4 •' 1 common 10 9% la 95 4% _preferred series C Consolidated Gas Utilities .5% 4% 3% 9% 3 2,100 ^ 96 62% 2d pfd A_ Electromaster Inc . Oct; Sep ; 10 800 - 3% 923/4 58% 5% preferred Empire District Electric 5% Feb 283A Sep 116 2,000 ; 65 ,. 22 . 20% Oct 40 13 "9% i2Va ; •10% 15% 10% ~7"50 VoKfol Gseries P Bait commonZZZZ""Z E L 4% % . 11% llf • new Inc common.. 11 12% 41 warra'ntT.ZZZZIZ! Coro 125 100 \ 1% 137 360 130 10 ;< Southern warrants Community Public Service.. 25 Community Water Service — 1 Compo Shoe Machinery— .Copper Range Co Cornucopia, Gold 1 TTV & B 40,300 : 4,350 147-./ 132 122 ' \ S&1.?ev/I^ment ordli«ry;;;~—ZL f preferred 375 4,200 26% 26/4 65% Sep 12% Sep 14% 21 ' Jan .29 Sep .18% Oct 25 137 To Colonial Airlines P3 ^*as & Coke Secur 300 ■1% 151 f CoZZZZIZZZZZZ,-? Consolidated Biscuit 19% 1% 13% Sep 10y8 Feb 16% Jan 11 14 , Colonial Mills Inc ~Z1Z Co orado Fuel & iron Colt s Patent Fire Arms.^ $3 3% common.. warrants..^.^—— Option Fansteel __ 100 14 103/e 52 y2 May Oct 100 68 5% Oct 53% May Oct 4% 100 26V* ■ Oct 15 5,700 17 1483a —i? "} 163/4 150 r' 13 .68 i "11/2 T0 Co__ZZZZ 1956 & Fuel Assoc Electrographic. Corp.^...^ /15% May v ; 523^ May; 166% Apr Oct Oct . 150 .Z ' 5 12% ' Products ext to / , Oct 6 16% 19 eg —--10 Cockshutt Plow Co common...* Vtc Gas Electric Power & Light 97% Aug 34% July 106 May Oct 13 \ 19% StampingZIZI Commonwealth Sep 17 <3 4 Clay^m^°LanU)ert MfgZZZZZZ Alum 4% B BB Controller Co Club : : Apr 10%: Sep; £ 61 Apr. / 23% July : 5 ~?qq "" in ~ A^Suburban Homes_ir~"~ ark Clarostat Mfg : Oct ,46 14 Electric Bond & Share common... v ; $3.50 pfd formerly $5— $4.20 pfd formerly $6„ ,Jun 14 V4 Apr ' 20,100 2,150 1,120 65 2,300 6%. 24% Mar Feb Feb 16 100 18 6% /'feS;//: ) 122 Oct 16% 18 * -1 ; Easy Washing Machine B Jun 68 Jan ,100 23 22% 1 common preferred preferred 34% 12 : Jun _£1 common. common • Jan 38 July 33% Aug 6% Oct 700 ~7% 6 18% 51 jo « $6 45 Sep Oct 3,900 17% 11 1 _• & Mach 6O0 15% 161/4 100 Consolidated Mining preferred $6 133/8 12 Corp ———— common—.ZZ*ZZZZ~.5 ? ils Service 4% Jan 46 vv 700 9% Oct Test $7 preferred: series $6 preferred series B. Eastern Sugar Associates— $5 preferred..— 24% May 9;-'. Sep.-- 15% . . 20 240 92 " Chamberlin Co of Amerka-ZZZTZZZs Charis Corp common "Z 1n Chicago Rivet 500 7% May Malleable Iron...... Eastern: States Corp I k Conv ser 1929 Cessna Aircraft Co common Chesebrough Mfg J\y inn ifsoumwtrt muIS55"~JS2 we,erre^}™ pm „pt diVse;;;::::;:—52S pfd opt div Cherry-Burrell . %: 4a ;/ 63/4 179 • SrSe° :l% , ■ 1 preferred Oh"> Steel ? r. Co Maine Power Co— Central 104% May 114% cora.,X.ZZZZZZI*,~""i I "~ commo»-~ZZZZZZ* * ~7% & Corp of 3.50% 31 '• 55 new Cent 325 ~~ . CoTommonZZZZ'ZZ (A M) Catalin 33% Feb 110 Eastern 22% Aug 164% May 2% Sep 28 Sep 32% Feb 10,600 30 , , Carolina p & l $5 pfd. Carter (J W) Co Castle 3% - . 65 Oct 4%%; prior, preferred.: 6% preferred 25% May 131/4 Sep 95 East Jan Feb 15% 36 25% Aug 123% sep 11% Sep 123/4 40 Duval Texas Sulphur.———...—* : ,• ——_ 11% Sep 15 Industrial Alcohol—; Class A voting _ Oct 4% 20 393/4 Jan 5 ;; 7%; Sep 1 Canadian Industries Ltd 7%. preferred ■ Canadian Marconi ~~~——~100 _ 5 Driver Harris Co.— .ZZZlO Duke .-Power- Cn—l....--,,.:../;. ♦ ■' 96 12% May 13% Jan 6% Oct .3,300 2,1QQ -iLa ov 100 / 833/iJan 70 Oct/.V Duro 6 % May Oct 74 Dunlop Rubber Co Ltd— Am dep rets ord reg Durham Hosiery class B Jun 7 23% Oct 3. flf 4% 5 Class B noa voting ■ "aa/ „ " """in CalUte Tungsten CorpL.— Camden Pirb ? 3% TZV 800 Wireless— American dep rets 5% Caamba Sugar Estate California Electric Oct 3 3% 73 [Volume 164 Number 4539 [THE COMMERCIAL & FINANCIAL CHRONICLE EXCHANGE NEW YORK CURB NOVEMBER 1 RANGE FOR WEEK ENDING STOCKS Week's Sale Price , Hartford Electric Low Par , Light for Week of Prices 60 1 4% 3% 3% 800 Corp of America B non-vot com..1 Hazeltine Corp .♦ Heara Dept Stores. common—.——5 7% 8'/a 1,100 800 Hat 4% 1'5 ,14% —. 13% 11 ; Low Common ctfs of dep 7 % preferred A ctfs 9% May Sep 3% Sep Oct 7% Jan 7% 14% Jan 14% Oct 26% 23% Oct ;5:n i 6% Louisiana Apr Land Hecla Mining Co__————25o Helena Rubinstein Class * A—. Heller Co 5%% y,r preferred w (R) & Co Holophane Horder's 9 1 — ■' -* Inc 48 8 Oct 26% Sep 23% 113 **•■4 500 87% 8% 1,800 Oct 15 32 V2 May Sugar Mangel Aug Sep 7% Stores optional Baking Co. Horn & Hardart common preferred-. 38 39 ; 50 Manischewitz Sep Feb ti — 38 % 325 . ' y (The B) Co Communication (Harvey) Humble Oil Hummel-Ross Inc—————.5 Refining Fibre Corp 5 Hurd Mfg Lock & & Co— 15 5 - 59 — Hussmann-Ligonier Co common. * $2.25 preferred— :Vr ? Com stk purch warrants .Huyler's common.^L^.gjL^^,:T-v,., L: \ 1st preferred——--.—i.—.——..aI 22% 21% 48% Securities 7275 10% 8% 3,100 7742.:77 43% ' 43 .5 - 21% • 12 Memphis Merritt July 37% Oct 100 3% Sep 600 22% Jan Mfg 63% Jun 60 Oct 8ya Oct 19 y8 1% Oct 4% Jan Sep Oct 13% Apr * 15 2,500 31 32 16 ; mm- 87 V» Apr Sep 8y8 Apr Oct 8'/a Apr 14y8 'Sep 26% Jan 3% 4y8 6ya 7,. r Oct 109 4,800 12%.-Jan 112 May Oct Sep Sep 6!/4 200 — ■ Mar 5% Y 100 Y 7% 7 Textile Corp..., ——..25c Participating preferred—.—*^*—15, , 6% 6Va Apr 24 25 12,400 4,400 3% "iy8 "4% "4% 47 1,300 2,100 17 v;-. '«*•#'- ; 6 7:'15% 3% •> Oct 10 ' 5% 7773% Jan 22% Oct Feb 36 2,300 v Jan % 125 12% 31% —.... 9 40 12 57/a 12 Va 2,400 11 ,; Metal • 4% 1,000 7,.:.* 1,300 2 12% i 6%% A preferred... 100 .:i Messabl Iron Co..——1 : '200 9% 14% • -.1 — 6% Mar 4% ff 9 ! ' 38% 10% common——.5 Scott & ' 15 Co Chapman Warrants 7% Apr Jan Oct May 34 9Va 77 1% • * 1 Natural Gas Menasco July 59 V4 325 Jan 56 % May 4'/a Dredging Johnson & Co...—.*^,1'- ,k Mead Jun : 44% 40 $2.50 50% Mar Oct v "*9% McWilliams ; Jun 3% 3% y Corp common preferred— Jun Jan Oct 8V2 Oct Oct 22 700 !i. £1 Harris common. ' 6 Apr Apr 40% 1 i. Jun 15 Va 'iv,'i37-:" Oct Oct 45% 100 48% 11% 7% X20% Mar 7% 18 1,300 48% .' * - 10 7. 1,200 23% 26% 117 21% May * Massey 75% May 11% 11% ■ Hydro-Electric 33 % Jan 2,500 14% 15% 7%' 7% — : Hygrade Food Products Sep 48% 80' < 2% 2,500 24 22 • Mass Utilities Association v t c._ Jurf 22% 8,700 ' 597 —_ Jan Sep —• Ltd Co McCord Hubbell 4% 3% 4% Marlon Power Shovel ; Jun 115% Mar May lliy8 14% l.iOO-" 15 y4 Aug Sep Marconi Internat Marine : July May 47% Oct 112 m 45 % 170 9% ~ 9,900 .♦V?:y1*; 24 —1 common Mapes Consolidated Mfg Co 25% July Sep 140" 39"% 38% 39 !_—**■ ..,i.._l00 — < 38 * _ common— % 35% 19 .* ■_ Apr 11% 7**5 77 16% \ warrants—— • _» & Co Hardart Apr 108 i:||M Feb ■•"'.22 117 •' Y Jun 17% 100 200 350 ; t'; Jan 1 4,900 25 v —* —2 45 V* May 225 ' 10% 7% 24% —• Apr May Sep 67 22,000 82 75 10% 11% —— Manati Vi 8% Feb 78 Jan 18 103% 4,800 1% 72 7v;:' — Apr 16% \ Oct W; 10 62%! 5 common Oct if 10% 180 29% 1% —... Exploration & Light $6 pfd ; Lynch Corp— 19% Feb- : ' i,ioo 105 25 »/a 10 :5 13 v 9% 1 . (Geo A) b% 4 G M Horn .; 105 _1 Hormel & 20 150 . Sep 15% Mar '' % 1 class A Co 23 12 __100 w_< Hollinger Consolidated Holly Stores Inc 20 2 . 1 of dep——»— & Louisiana Power 11% 2,700 ♦ common Henry Holt & Co common.' Heyden Chemical common Hoe 12%= 13% High Low High ' preferred B ctfs of dep—— v : Range Since January 1 Shares Feb >; 3,400 Long Island Lighting Co—• Jun 4 3,100 ; 72% Oct .< for Week of Prices Sale Price High Low Sales Range Last " Exchange Range Since January 1 1 High 25 Hartford Rayon-voting trust ctfs Harvard Brewing Co ;■ New York Curb Shares Week's Friday STOCKS Sales Range Friday ff, Last New York Curb Exchange 2309 ' 11% -r Jan 14% May 62 Mar . Sep 53 ' Michigan Bumper Corp..—.—.1 < , v Illinois ;Pow6r Co common*— it. b% conv I New ctfsL——-— arrear Zinc Co Apr 81 Apr 23 Apr * w« common 39% 58% 18% preferred——50 Dividend Illinois 25 y2 ..." * ^uly14% Nov 38 Z* ,14% 'Imperial Chemical Industries*—. 1 ■> Am dep rets regi* — M:.:7 7~777:t$y-:' 777777 Imperial Oil (Can) coupon.:, * 12% Registered I.—.* * '• .1 7 Imperial Tobacco of Canada Imperial Tobacco of Great Britain 15% 30 % Jun 112 94% ' Jan Cigarf Machine.——** International Hydro-Electric— ' Preferred $3.50,series..—— Warrants Registered 31% May || International International *14% Royalty— Iron Fireman /- Jan Jan 12% Sep 83 1% Oct .—1 — Mfg voting trust ctfs—* Feb Sep* — 13% Jan 3% Apr Oct 1% ' 32; 19% 3%7 18 20% Apr , Oct 31% May 29 States Mountain 47 Sep 14% May 18 Oct 29 y4 Aug 3 Oct ■.;;7-v' 325 8y8 '.i-: 4 8,700 Co Jan 6 19% May % Oct 50 ' 6% Feb 107% Oct Apr 87 Jan 20 July 11%' Jan Sep- 103% — 10 V* 3,700 9% Oct 20% Feb 6% 5,800 5% Oct 10ya Jan 3% ;'3% 14%J- 15% 100 3 Sep 6 18 y4 Jun 210% Jun 17' Jan Sep May 40' Sep 9% 5% " - 5 180 330 18% 18% 11% 1,400 185 y4 188 'fix 630 ;>v: 5 ; Feb 23% Feb 754% Jun ... . 10% Jan ^ Oct i'1^2'1: 2% 2% 5% Sep: i Feb 8% 8% 7% 10% Jan 26y8 27% 22% Oct 32% 132 % Oct 160 ya Apr Apr 23 23% 20 -" 15% 16% 14% Sep Oct 21% May 10% 11% 10% Oct' 17 Jan 35 Jun 4% 4% 10 27% * common ': Mountain States Tel & Tel—,——100 Muskogee Jan Oct r 36 • 1 —1 ...—* Murray Ohio Mfg Co Muskegon Piston Ring 9*A 10 y8 •' common.—5c Power Feb Oct Sep 10% 37 Va 7% Jan 35 4,200 4,000 7.7." -mm"--': .. Sep 300 77 3% 37 37Va Oct 9% 600 11 y8 7 Aug 6 oct 26 775 1,000 V 19% 3 11 Va' 1 Utilities Mountain City Copper Mountain Producers Feb Oct ,;-i. Irving Air Chute——.——*1 Italian Superpower .A—————„* May 3% 24% Apr , Jan Moody Investors partic pfd—: -• * Morris Plan Corp of America:——lOo 16% May Oct 3ya 100 12% 12 Montgomery Ward A.!* — Montreal Light Heat it Power—...—* 7% Mar 31% 5 Dakota Montana 17% Aug 'f Oct - * Interstate Power $7 preferred— Investors Jan 24% 1 Oct- .10 Razor B— Utilities common Jun 24% v Oct * Products— Safety 35 Oct ' 13% — shs„• 7 —1 Molybdenum Corp. Monogram Pictures common Monroe Loan Society A_, ^ coupon Supply com— Refineries—— —50c i 4%% conv preferred 50 1 Mining Corp of Canada * Minnesota P & L 5% pfd 100 Missouri Public Service common...—.* Jun 18 • Oct is y8 24,600' • 29 32»/a 77774 ;7, Y47:;.f 12%. • 73% Apr 1 A shares ^International 33% Jan1 47 Sep ,' 14 y4 1,700 26% *26% ■ 32% Oil £ Co.———10 Mid-West Chemicals- . k\International Petroleum •a * mm- Midvale Co common Abrasive..—u.———.*.50 «Midwest Piphig Ss », ——.50 International Investing Corp International Metal: Industries | International Minerals and ; * dividend shares Jan 14% May * 18% .,15% ' 10% *300' 4V4: ;7 3% 18% iMiller Wohl Co common : international Oct Feb Jan 5V2 Oct 7% 4%7 • 5 common 1,200 16% . Corp $1 conv pfd new non-cum Midwest Jun 123 Corp 11% 15% ; s Mid-West Jan 109% , $2 : ? 112% Aug — Oil 10% 9% 17% Oct 9 1,400 11% 1 t c West Midland ? Jan Ireland, v 12% 7 /i Midland- Steel Products— Jan & Indianapolis Pow & Lt 4%- pfd.i._100 Indiana Service 6 % preferred .—100 ; 7% preferred— ' mn Insurance Co of North America..—.10 s Middle Jan -5 Class B ; 7% May 15% ■ . 5 • 10% 7'77;9-77 Oct 2'% 500 4,900 16 t' 0-1 % 3% 12 Micromatio Hone Corp.....—...1 5% 8% 700" w 2% : 7 3% .....10 — I Middle Stated Petroleum claSs A ? ... *9% Michigan Steel Tube..—.—^.*2.50 Michigan Sugar • Co..*...—...———.*:; Preferred • 6% 9'/8 6 2% • common.— Sep Jun 36 1 Jeannettfc Glass Co commotio**— Jim Brown Class A Julian & Stores common— preferred Kokenge Co_„.. ......... Nachman National Breweries common- 40 Corp 1 Kansas Gas St Elec 7% pfd.— Inc Key Co Kidde * ■ 14 ~ 124 y2 Sep Lamp A V--.1 ' it* ftf: i-U : & Co Kimberly-Clark Corp— 33 19 % 32% Jun 5% 6% 12% 13 f 13% = Feb ::Vv 5% July 15% 6%-Oct> Oct 12 ga/4 29% Jart> Jan - p National 100 pfd B . ^.7.. 'te Aug 115' Feb 94 Apr OctK 82% National Tunnel & Apr 12 y8 Oct 112 7 — ' 74 ''AkQ 70 60 100 .. 74 . •» * j, 5 % preferred D— .'S King Seeley Corp——— Kingston Products—. Petroleum Kirby Kirkland Lake ... G 7% — M Co Ltd——- Klein (D Emil) Co common Kleinert (I B) Rubber Co.. Knott Corp ? 1% ——10 ... • 1'* •■!+*, i \ —1 4% 1% : 11% 't :> Y,IOO 7 116 .7 —— 21% 10 • ri 28% May, 9% Feb 4%. Oct v 500 11% May Sep" 24 v C Sep 21 10 y# Brewing Co.. -1 10% 167/a 17% ; # Oct r 12% Mar ' Apr' 37 y4 July. 19% May 18% Jun ' 37% 400 23 % Mar Sep x26% May 15 y8 Jan 10% 10% 1,300 ioy8 oct 1% 1% 1,000 1% Oct 4% 8,200 14 3% ., Lakey Foundry & Machine tLamson Corp .of Delaware / Wells Co common Lane • —1 5% 6% ; 7,600 3,300 —^..5 1 l .7% 8% r 15% 15V2 fLangerdorf United Bakeries class A * Prior iLe preferred J Oil Line (R Material G) I—.25 Inc Brothers 25% 'Y 350 10% Jan 800' 13 Oct I 6% ;' • 3% 10% 10 24 % Feb 400 11% Oct 22 Apr 11% 200 10% Oct 19 Jan 7% 475 >\iu ) \ j !-'s V/ 4%% 4-y ):M j C-* preferred— conv Idea New 110 100 - " 10% 1% 7% ri Inc 25 Sep 35. 280 117 Oct 142 : > v 7 14 24% 25 60 67% 4 "i% ' :ra% ,H% X27 % 29% Jun Aug Oct. 7% Oct Jatti*v-;'„' 14% Jun Jan 43 Sep 27 % £ July 14 14% 800 13% 26% 800 20 .- 1,800 N Apr Oct 26% Jun 33 9 Va Sep Aug 5 4% 20% May Class < • Locke Groceterias class A ___* B Chain—. footnotes see page 25% l 11% 10 2311. 18% 1. 25%. 25% 11% 17% 12 • 18% ' Y Feb ' 33 I . Founders Sep 30' 2,400 11 y8 Sep 22 1 shares: Y State Electric & Gas $5.10 2d Class B preferred optional warrants— I. Niagara* Share Corp class B ! pfd_100 100 pfd. Niagara Hudson Power common..—1 5% 1st preferred —.—100 5% Niles-Bemenfc-Pond Nineteen Hundred Oorp B—• Nipissing s Noma Sep 24% 4,100 15% Jan . \ Feb Apr 22% July Sep 3% Sep 2 Sep 1,500 50 *r«t.' 54% 81% Feb < 49 7? 7 52 18% Mar Jan 19 300' 22% ? 12% Mar' 64% Jan' Sep :45 22% Oct x35 500 V 11% Oct 26 * 22% 22% 250" 4% July 67 Va- Nov 11% Aug A! 11V2 Mar c F^b 9% '700' 13 'V;'Y7 J Mines —.100 - Electric 12% A)6 107 59 . 61 Feb7 ;:7V: 180 10 54,900 • 8% 1' 9% * —1 i3y4 13% isy4 2'A 6 17 5% 140 -25,800 900 • 6% 7 Nov" 8y8 Jan 112y4 Sep' 100 1,050 Jan ' v- : Mi 8% Sep Sep Sep 95 " Jan 15" May Feb 123% 120 3% Apr Feb 13% May 5,600 y: . liy4 Oct 26 y4 Feb 100 13% Oct 20»/2 liJ Oct 5% Apr Feb 4,200 7,200 19 145 59 275 117% 118, 109% 10*% l7/a 111 Feb _ 9% .1 105% Sep- 330 106 69' 11% com——5 Light ft Power common—1 (6 preferred — —-—* North Amer 12 % 32% July 50 '• .—.10 10 Rosario— 11 13 —• common— Merchandise * 25% Mar 5 Logansport Distilling Co Lone,8tar Gas Corp common For 26% * Steel Co Honduras & Jan Sep 58 ,1,800 3,300 2% 32 23 '■> 67 % 2% 65 67% City Omnibus warrants Y > 2% i.l J my - • *N Y Water Service 6% • Loblaw Auction " : 21 , Jan 41% 4% * N Y Shipbuilding Corp— Jun Mar 29% Mar 10% 3% 56 67% 25 Aug 16% May Oct 7 12% 200* Apr ' N Oct * ' } N 24% May , 6% 26, 9% N Y 9% 37% • N Y 26 - Jersey New Park Mining Co. r 35 28' —* , Oct 6% 800 1,700 12% —20 common.... Jun Sep '50 122 6%, 7 Jun 108% 79 29 28% 117 122 12% 1,450 , , S%7:;'.Sep 92 85> 89 New Process Co common—., ,i 400 : preferred...25 common. M Jan Feb Jnn 14 y4 Feb Apr 14 115v 10 y4: .J? 6,200 2,200 ri.% 10 Inc 6% ■ 21 . Oct 108% 13% Feb £2 400 ;7" 11% 5 Lionel iLit 100" 13%': 14 1 Co Corp "Lipton (Thos J) t ' » .... Development— Tourneau > 32%> 31 15% Sep-- Sep ' Feb 10% preferred—..U00 Corp—— preferred 100 J $2 preferred ^—.-* ■■,1 New England Tel & Tel 100 ^New Haven Clock & Watch-Co——* 23% Febr 14 5 %• Oct- ' 7 15 y8 25% ... {Leonard 800 5G0 32 Class B ——a—v* iLanstori Monotype Machine .5 La Salle Ext University......... 5 iLefcourt Realty common.—————1 . 12f>V'-Sep-:;;4r 4% Sep —5 (Herman) 110 6 % | 14% May Sep Oct Neptune Meter common—...———5 Nesle Le Mur Co class A— —* Nebraska Power 7 %■ Zinc ..... ;' New Mexico & Arizona Land 13 7 38 Feb 29 12% : Ltd—».t' 17% Jan 22% July . Jan Oct t New ! Lake Shore Mines. 7 150 y 1 Mines common Apr 21 New England Power Associates....—.* i Oct 18 200 9% 49% Aug Sep 12% Union Radio—.——..—.30o National .) Nelson Feb Apr*' 34y4 ■ Oct " Krueger 2% 43 17% Oct '""'1 22% ; 11'/a ! If ' Odt 8,600 27% r 22% - r 2,200 7% 27 - 3,700 5% '7.. . [ 14 12% ■ —_ 1 common... Kobacker Stores 7-14 7-7 5% ' 1 May H 12% , 1,300 12.50 Ltd Car Transit i National V' - ■K 4%% preferred Kings Co Lighting 7% Steel 34 -13,700 —._* ——• National Rubber Machinery. Feb i'V; 7/ National 14%. 19% 32 Mfg & Stores common—.1 Pressure Cooker com 2 Aug 19 6% .——5 •7 18%- Jan 24- 75% ,;-,7 » Mallinson National < 24* Fabrics..—.*—1 National JunV 24 . 14% 12% 17% Jun 24 common— (Walter) Oct 8 121 f-Mfyf ■ — Ken-Rad Tube & 10% 8% 'if-' V Kawneer Co.. Kennedy's 10% •7 Apr —— National Fuel Gas—.... Kaleer-Frazer Sep Oct 4% 21,100 common preferred—... 7% 20 Corp..—— National Bellas Hess .v. 7,900 250 17 Oct 5%' Sep 132 Sep 35 Jan 12% Mar 164 Apr THE COMMERCIAL & Monday, November 4, 194<? FINANCIAL CHRONICLE NEW YORK CURB EXCHANGE RANGE FOE WEEK STOCKS New York Curb Exchange V Friday Last Week's V ' ' y' for Week of Prices Low Par High I Class i North •' B : American Utility Securities——'* 400 . ; , 300 5,400 12 Va 21% Oct Jan (,.—50 101 | Northern Indiana Pub Serv 5% pfd.lOO 106 Sep Northern Northern States Power class A .„J3 2,800 pref———— 50 15,700 7,800 2,500 conv Savoy Oil Co.—. 73% May Schiff Co Schulte 15% Apr *. common— Inc common.———.1 (D A) i 30% 29% 6 6% Ogden Corp common 25% 350 4% 4% 300 22 J Ohio Brass Co class Power ; Ohio Oklahoma 4%% Poindexter Old Oliver United Filters B Semler (R B) Inc.—..— • ■ j • : American shares Securities—: Overseas Seton Leather common——. 1.; . Shattuck Denn Sherwin-Williams 4% 10% Oct 19% Jun Sherwin-Williams 38% Sep 46 Va July Sick's 36 Oct 41% Feb May Silex Co common 5%% 1st preferred— 25 Lighting $5 preferred • pfd——100' Pacific 102% July Oct 109% ——* . 26% Jan Pan Parker Pen Co Sep ,14 ' Jan 13% Mar Oct 20 39 " 5 ; ...— Parkersburg Rig & Reel Patchogue Plymouth Mills Oct 8% 11 — —l Oct 59% Aug 24 k Jan 15% Oct * 58 . : 81% Jun 3% American Airways warrants, Pantepec Oil of Venezuela Am shs Paramount Motors Corp.———...1 Oct • Jan Breweries 45 $1 preferred—— cum Pennroad Corp common Penn-Dixie Cement warrants . Penh Gas & Elec class A 25 — 1 .. pfd —100 Oct • 9 Sep Co 130 Governor 7 common 11% —E Corp com 15 Va Feb 13% Uct 6% Sep Sep 50 Pittsburgh & Lake Erie —.50 Pittsburgh Metallurgical comnion. .5 Pleasant Valley Wine Co ; l ... Pneumatic Sca'e common—..——.io Power Corp 8% 1st of Canada 12% 10 preferred^.--^——100 Premier Gold Prentice-Hall Pressed 35% Mining Inc Metals 1 America.. Producers Corp of Nevada Prosperity Co class B „ " 8% 1st preferred... 1% 1st preferred—i.——-.. Puget Sound Power & Light— $5 prior preferred * Jan Jan Feb 15% 11 Puget Sound Pulp & Timber... Pyle-National Pyrene Co • 106 , Hi preferrd B_... 25 25 i — '23 i; —.5 common.—. Manufacturing.— 105 22 14 —10 11% 12 :,E 1E-.-r'^'E; 7 Jan 28% May 15% May 108 - E 43 Mar 51 Feb " 7 20O =' .. . 500 1% 2 21% 32% 50 3% 8% Aug 14% Feb .19% May A- 200 '3% 1 150 400 10 1,100 4 (The) 4% $ -• 3% 4% 6% Corp.———....1 5% 6% 11% Sep 34% Aug : 7% May 2% 27% ; 1 25% May Jun ; 3% 12% 11% Sun Apt Sep 23 Oct 20% May Feb 10 -1,700 4,800 E ♦ 3% Oct 16% i 30 32 19 20 1,200 300 :E 28 950 18 2,400 - . 3% 11 y8 25 . Jan Sep 49% Jun 17% Oct Oct oct Feb 37/a " 48 > .Jan Sep ' 14 14 Corp..—10.. Jun 25 '.v 27% Oct 1,100 E, 4% 3% .•4% 287/a Feb Jan 22% ■ 15 so 31% 32 1 Inc——.* Oct 1% Oct 15 Oct Apr 8% E 11% Oct 300 - ....1 35% July 31. Oct 2% 29% 28% Superior Portland Cement, Superior Tool ft Die Co Jan 84% July Sep; 100 28% 31% Ray Drug Co————-i, .Swan Finclx Oil Jan Jan 8% . Jan 15 E 16'/a jan 23% :M 9% 1,000 12% 15 • 2 Va Sunbeam''' Corp— 7% May. 160 7 :26 800 , . 4% • 27 3% Sep 5% Oct 150 v -EESm? P V- 7 V2 4% :..^v Oct 18. 28% 24% Sterling Engine Co— Sterling Inc —...——— Stetson (J B) Co common Stinnes (Hugo) Corp.——.——.5 Stop ft Shop Inc....—————.—.1 Stroock (S) ft Co common — 1,300 1,300 4,600 : Oct 3% 91 ' Oct 9% Oct 72% Oct -* — 27% Aug 24% Feb ),p\ ; s Oct ■ 40 11 Feb Apr 8% Feb ' 19,300 9% Jan Feb 45% 19% 11% , 3% E 45% Apr Sep 3% Sep Sep 21 96 % 105 11 16 . 17% Oct 10% 105 12 Jan 28% Feb 13% Sep 20 "50 : Jun 165 19% Oct * —— 31% Jan ; 1% Oct 1,500 3,500 32% 2% B— class Stein (A) & Co common -• Sterling Aluminum Products Sterling Brewers Inc..—.—— • 32% Feb Apr Feb 1,500 16% 29% Steel Co of Canada———— Sep xl0% 11 81% Jan 19 Oil Common Starrett Aug 122 Sep 31% Sep 40 - 112 7% Feb 800 7% 1 10 Standard Dredging Corp common——1 $1.60 convertible preferred.——--.20 Standard Forgings Corp—.—.—*—1 * Standard Products Co—.——1 Standard Tube class B -1 Sep 18 # : 10% Jan 39 Aug 1,100 ^ 6 Preferred 113% May 23 13% 14 Oct 6 16% (Ky).— Standard Power & Light Jan 103% 106 14% Jan 140% July Standard Cap & Seal common Convertible preferred ... Standard May 27% Jan 111% Feb •tvi •• s 7% Oct Feb 10 Oct 106% —;*. ... 900 19 Oct 8% .100 .. 8% 39% Oct . : 7% Oct 3% Sep . 18% " , 2,800 5,200 29% Oct Mar 78% 10% Feb 29% May 15% Jan 3% Spencer Shoe Corp—— 14"% 7% Jan 8% Oct 13% Gas—*E Public Service-of Colorado-^ ^ 108 Oct 30% Sep 1% 12% 6,200 100 Sep 9% f • — Providence 73 1 ; 300 1& Sep • common of July Jun Jan Feb 10 Southern Pipe Line——.10 Southland Royalty Co. ... 5 15% Feb Sep 100 ■ Pratt ft Lambert Co. 14 5% 1 Stahl-Meyer Inc————.. Standard Brewing Co—————2.78 47 n. 12 7% —~ "*6% : 49% Apr 374 230 7% 3% Co..... 30% Jan 5% Sep 15% Oct _._* common Oct 6% Jan Sep . 350 V . Polaris Mining Co——...w...25c : Powdrell & Alexander common ...2.50 : 39 150 2,700 31 - y 44 Mar .56 Oct $ 8% Oct 5% Sep 15% Sep 24% May 37% May Sep 10 Pitts Bess ft L E RR. Oct 29% Jan Pitney-Bowes Inc. 14 30% Oct ~27/a 115% Aug ,31% May 13% Jun Sep 29% 8% Apr 20% Ltd—————I 25% Jan 12% July .-■•' 5%% preferred^ series C—— 25 Southern New England Telephone—100 Jan Oct Johnson Ltd Am shs—— ; Piper Aircraft Sep Sep 4% Sep 5% original preferred 12% May 86V4 E= 9% Sep ; ; E 20% Sep 19% Jun 169 V* Apr Southern California Edison— 51% Aug ——* 115 108 ... — 39% 7% 39 250% 258 Jan 117 63V8 Gold Mines 10 ; 600 1,125 Jun 9, >/ Oct Pioneer 19':B' Sep 34% 43 Plnchin Jan 300 600 —...—— Southern Phosphate Co Pierce Jan . 34% Oct Oct 8% 16% 10% 11, 108 34% Oct .. Feb 5y« Jan 1?% Jun Sep Oct 136% 33 40 Pharis Tire & Rubber, new com—50o Philadelphia Co common. • Phillips Packing Co— : • E 1% Sep 3% Oct . South Penn Oil common.——.—12.50 62 • 136% 19% 11% Southwest Pa Pipe Line————10 ■ 5% 11% Oct, 4 8. 100 South Coast Corp common-L—— Jan _* Co— Pepperell Mfg Co Circle 112 y8 —2.50 19% Soss Manufacturing common—-—1 21% Jan 20 Penn Water. & Power Perfect 31; ■; 5% Sep , Penn Power & Light 4%% Penn Traffic Co.. Jun Sep 3% Sep S May 56 8 — com———* 111% May 29 Jan .V • • of Canada— Solar Manufacturing July 84 Nov 29 , 104 Va May i 500 10% 11% :• $3 convertible preferred—.. Simplicity Pattern common ... Singer Manufacturing Co..—— Singer Manufacturing Co Ltd— :S Amer dep rets ord regis—.. Sioux City Gas & Elec Co— 3.90% preferred.—..;— Smith (Howard) Paper Mills—- Sonotone Corp * 35% Feb Oct 3,300 4% Ltd.——. Solar Aircraft Co——. ' Peninsular Telephone common— 4% Jan • Simmons-Boardman Publications— 16% May 28% July Jan Jan 11% 12 11 7 30 July 7% Feb 109 117% Apr 27 $1.30 1st preferred—• Page-Hersey Tubes common *| 300 30y» May 85% Sep 13% Sep 100 ———.... Pacific Gas & Elec 6% Pacific Power & Light 1% Pacific Public Service 1,000 May 9l/a Jan 2% Sep 50 E 1,200 8% Jan 22 14% Sep 82 1,900 :."2 4% 25 common—. preferred Pacific Can Co common—.—.—.* 25 . :-4% 1% 8% Water & Power.— Co—... ——1 Shawinigan ;i' 4% ^ 5 . 14% •: —• Mining—........ i 47 '■ Oct 23 150 90% ... 10,700 3,330 86% 13% 46% Aug 9% Jan • Sheller Mfg 1st pfd ...——1 3% 17% 90% common— 1 Sentry Safety Control. —1 Serrick Corp class B—————1 Omar Tnc_———i———.—.*..1 '• f 2% 14% 85 Sentinel Radio Corp ■ O'okiep Copper Mining Ltd—- ; 5 $5.50 prior stock——————-.25 Allotment certificates——.——— .1 Distillery., 23 stock..-———— Convertible 100; Natural Gas common.—.15 22 2% Selected Industries Inc common———1 common—* B preferred— 1 5% July : Oct 2% Oct 800 Selby Shoe Co.. ——4 — '29% 17,400 4,000 13% Segal Lock & Hardware Oct. 4% oct .2% -Oct . 400 35% 12% Seeman Bros Inc i 5 V 12% Jun 10% Jan 21,100 32% Steel Jun 15% May 3% Manufacturing.....—....25 Co 35% : 4% Sep 29% Sep 12% Sep 4% Oct 20V4 Oct Scovill Apr 40 Sep 9% Mar Oct ; 8% Oct ; 600 common.——r. * Securities Corp General -»——1 29% 21 ; 600. —.—... 8culhn , ''v-"v:.E'7" High 5% Sep . 6,550 Regis Paper1 common———r..—5 -Salt Dome,Oil Co.....................1 Samson United Corp common- Apr 59% Jun 8% Sep Northrop' Aircraft Inc.——————1 Novadel-Agene Corp.——--—-——* Low Corp Ltd.—.—.—..—* Lawrence Class A $2 111 ' 44% Sep 26% Oct Natural Gas..———.——20 Range Since January 1 High 6t. 108% July Oct | North Penn RR Co——— St. Feb 13% 8% Oct 8 Low . 62% May Jan • r , Shares May 63 35% Oct 4% Sep ' 400 Northern Central Texas Oil————5 Northeast: Airlines— ————-1 ' Oct 35 500 .....• common— for Week of Prices ' High Low ' Sales Week's Range Last Sale Price Range Since January 1 Shares '■ { North American Rayon class A———* Friday /stocks New York Curb Exchange Sales Range Sale Price. ENDING NOVEMBER 1 Jan . 62% May 34% Jan 6% July • 26 y8 May Q Quaker Oats ____• common— .95% I100 6% preferred Quebec Power Co— 160 160 98, 160! Taggart Corp common Tampa Electric Co common—. '\\-y Inc^common- Technicolor Texon : Voting common 6 ; •, 10 , - Reed Roller Bit Co Reliance Electric & Engineering Richfield Oil V Feb 44 " Jun Oct 60 : Aug 8% Oct 29% 22 Oct 37% Jan 15% 16% 14% Oct 34% Jan 28% , X27% 29 27 Oct 49 Jan 1 Oct 4% May 5% Oct / 13% Feb i% # 1 ?-vE 6% , : 6 1% . 6% ^ Rochester Gas & Elec 4% pfd F——100 & Pendleton Inc.. —— * ■■ 1% Rolls Royce Ltd— Am dep rets for ord reg., Rome Cable Corp common. Ronson Art Roosevelt Root EElE —.5 Petroleum • common 1.25 Ryan Aeronautical Co.. ; ,_1 Ryan Consolidated Petroleum———• Ryerson & Haynes common.. 1 For footnotes see page 2311, 25% Jun 14 14 24% 16 14% Oct 5% Sep 6ys Oct 5% 6%- 17% .i. 4% 21% Oct 14% E 71% ;..l Rotary Electric Steel Co —————10 Royalite Oil Co Ltd—— Russeks Fifth Ave Apr 14 „16 ——1.5~ Co... 110% Mar 21% 23 Metal Works—.—.2 Field Inc Jan 15 —_£1 ... Sep 105% • — • 5% 7% 20- v Oct 17% Oct 17 Jan 13% — .J : 6'/a : .—5 36% 18% Sep 21 • 53/4 6 So common Tivoli Brewing 5J/2 Sep 19% Jan Oct 15 5% 6Va ,4>/2 Amer dep rets "Amer dep rets Oct, 17% 13 - • 9% , 6% 2,000 7 ; 10% May 26% July Oct 6%: 7 ■■ Tri-Continental & Trunz Inc.— 100 106% 106% 114 280 1% 2 4,900 4% 4% V'3 111 preferred .———106 Tonopah Mining of Nevada^..—..—1 7% -w.1 H Trans Lux Corp.——— 420 2% warrants— 28 • 12 $ 12,100 125 28 6% ; Tung-Sol Lamp Works—--..--.-.1 o*. 80c convertible preferred—-_——* 900 May 14% 3% 1,100 100 12 165 Oct 117 4% Sep Feb, May Aug Feb 95/a 4% 10% Feb 112% May 106% Oct 111 Oct 1% Sep Oct 2Va Oct *20 Jan 5% Oct Oct May .9% Jan ;72 1% Oct 95 July Apr 22% July 7% Oct Nov OO t1 95% 100% ' 5% Sep 13 ;:Todd Shipyards Corp..— ———*, ? Toledo Edison 6% preferred——100 • Oct 59 ; 26 Jan 13 20 1,600 '-"l% 48 Oct 16 : 300 . 59. m 5% 33 600 -E 1,500 15 . 7 59 59 ord regis——...... def reg .* ; Feb .: 5% 34 May 14 Va Jan Feb 17% Jan Sep • L-v- 11% Ulen 10% Feb 9% Realization Corp....———. Unexcelled Chemical Corp—----, « Union Gas of Canada—— •' 8% Jun Union Investment Sep 9% Union Stock Yards of Omaha—._100 Co—. 8% * Sep 4 Feb 10% 2% 11% Udylite Corp—.— 5 . 1,200 26,900 , 36% 18% 33 ' 15 Co- • '4y2 12% Apr 'Sep Aug 9% May 11% Apr 44% May 12% 14 *8% 9% Jan : 123 Sep 7% Sep 30 y4 Aug 15 . "8% 12% /! Tobacco ft Allied Stocks—.—^—.* Tobacco Products Exports. i Tobacco Security Trust Co Ltd— : 2 - 8,300 • ' l 50c ■■p.. 22% Roeser ; Jan 22 16% ....1 : Valley Gas Co— (Texas Corp) ytc 34 Sep E :p) - —-2 —— Tllo 4% Feb 54% > Corp warrants—— Richmond Radiator..: > Co—. ...— : 37 29 116 Va Roofing Inc— ———.1 Tishman Realty & Construction. ;::24 ;'; 'Jan':: i'30r 10 • & Land Inc 16% 15 16% 6% Oct Sep 14% Oct 300 Apr ; 25% Sep ... —* Rio Grande Sep 1% Oct ; , .5 Rice Stix Dry Goods—— 15 2 E . „♦ i- 13 7% 12% May 29 y4 1,700 7% 33 X32 IIIIlOO Thcw Shovel 16% 1 $3 convertible preferred * Raytheon Manufacturing common...50c , Oct - io ; Railway ft Utility Investment A Rath Packing Co common Raymond Concrete Pile common * Oil Textron 5 6% 7 —..II* pfd- Texas Power & Light Radio-Keith-Orpheum option warrants. Railway .& Light Securities 1 •* , . -I— E; ' • 8% : 10% Oct 17% Jun 5% Jan 11% 2% 2,700 1,200 2 11 2,000 8% Mar 19 % July Sep Oct 11% July 8% Feb Sep 63% Apr 8% 200 8 5% 56 Oct iVolume THE COMMERCIAL & FINANCIAL Number 4539 164 EXCHANGE NEW YORK CURB RANGE FOR WEEK ENDING NOVEMBER 1 V STOCKS Week's '«'•• •■' {? ■■ Par Chemicals High High common Railways & $3 Molasses 10% Shoe United ' common 1% 8% 8% series F 11% 10 ft Oct 24% 16 ft Oct Kansas 15 ft 15 12 ft lift Oct 17% 20 10 20 common——10 Nebraska Aug 7"% 27 7 Sep 28 Aug -7ft \ Jan 25 ft Apr Gas y> deb 37s 37a 11% 800 13 115 113 115ft 109 lUft 1057. 107 10274 104 f-A 104 1963 A-O 62 62 62 1967 ; M-3 104 104 105 J-D 104%* 105 1047a M-S 112% 112% 111 J-J 34 ~8 "9 ft 99 993A 97 10174 98 % 99 % 97 101 ft M-N 99% 9874 99% 97% 101% M-N 1948 a-o 3%s 4s 2004 6ft yift Manufacturing 1.25 ? Utilities $6 preferred—* Westmoreland Coal 7%, 21/2 87a 4ft'Sep 900 8 • 2,600 2,300 2 Westmoreland Inc—— 105% 106ft 107V4 M-N 1105 ft J-J . *101 ft 1027a ._ 101ft 103 ft « j-j *974 A-O 1971 108 ft a-o 1968 106 ' y; 106 y ioe ?•* 104ft 109ft 102 y 109ft 106ft 7 '84 81 J-D ■y 107 ft iot'A J-J *107 1081/4 105% 106ft Af-S *104% 1057a 28 ft 19 ■y-: ;m (Can) 197a ; Sep 27 Oct 197a 32 ft 1949 166 A-O Portland Cement— 8% 13ft Steel inc California California .y 1952 B 22 13 11% 13 < "8 ft —2 ~8ft "9 ft 8ft 1,300 10 U 100 113/4 12 1,600 "3% "3 22,800 1027s 1'08 ft 122 126 1965 y m-s 10574 106ft 105% 3 fts Gas 1970 a-0 105% 105% 105 J99ft - 98 y 101% 108% ,109 (Calif):—> J-J 3 fts & Elec v.y./y7 1970 v■ 4104ft f-a 3s.———1971 *108 104 • ... 7 .. 107ft 108 ' 7108 7/8 • m-a a-o (A G) 105% 107% 3s ...1989 5s iooft loo1/* 91ft 99 1067s 78 94';. '; 107 . Tbledd Edison 3 Ves—u : 32ft J-J a-o 32ft J-J ,..—..1968 V-D A—-.1949 United Electric N J 4s *32% 40 104% 105 ft 106% 10678 . United Light & Power Co— 1st'lien & cons 5fts—..—1959 United Light & Railways Feb 2% 2022 Debenture 6s series A Oct Oct \ —...1952 Utah Power & Light Co- y;Sep 11% (Maine) — 6s series A—. Nov 7 37a 172 ft . Sep Sep 9ft Sep 108% Sep 6ft Oct 700 —Mi, Petroleum: 1 Woolworth (F W) Ltd— 1 s American deposit receipts———5s. t : 6 % preference £1' -Wright Hargreavea Ltd—.———*,: 104 160 19 11 Woodley 101ft 11 A-0 Edison Counties Gas v M-3 Corp Inc 5s— —1950 (Hugo) Corp— - • ': y A7-4s 3d stamped ..1946 •'Stinhes. (Hugo) Industries—... r ?: A7-4s 2nd stamped— —.^—...1946 8 • .10 :•/; 5 168 1951 mtge 3s AStarrett Jan 18 1,700 * 7 825 20ft 107% 10274 103ft tl20'/i 122 1979 — Stimes Sep 50 9ft 22 25 • 100 107 105ft 107 ft 107 ft J-D ft Spalding 18ft Oct. 1,100 20 20 :9ft 1 preferred ww Winnipeg Elec common B Wisconsin P & L 4ft % pfd— 104 10274 10274 , Willson Products Inc.——-.-——I 91 108 109 10 106 ft 1061/4 M-N .".•Cv- Oct 100 133/4 18 ft J-D J-D 1st mtge Sep 350 1374 ..1959 3964 Southwestern Gas ,18ft Oct 14 19 'ft B 83 of Colorado—.y,y y Co mtge 3'As Southern Sep 7, .\75;': 357a 4fts :: 102 ft 102 ft perpetual certificates—..—— Sep w#y..;' .';}•• 35 — 9 117 450 27 ft 28 ft 5s__ 1st mtge 3s Southern 10 y 47 fp% 106 J-J Corp Light 10 ft 108 ft 108 ft 1964 Scullin May 28 120 120 10 — 105 101 ft — Utility Corp— San Joaquin Lt & Pwr 6s Oct , 900 93/4 9 9ft Weyenberg Shoe Mfg 1 Whitman (Wm) & Oo.w———1 Wichita River Oil Corp—10 Williams (R C) & Co • Inc 108% 100ft 103ft 104 Safe Harbor Water 4fts Oct 112 20 Industries 105ft 102 ft 103'A 103 ft 1964 '• & } 106 7a 103ft Queens, Borough Gas & Electric— 5fts Series A——.—1952 v Sep 8 ■ 4,700 27a ,7% —— 105ft 99 ft 98 ft 1954 Gas •..•; Power Southern Woodall 104 M-S J-D F-A Oct 5 Coal & Coke; 5 Maryland Ry 7% 1st pfd—100 Tablet & Stationery com • Wolverine *104 1955 6% Feb 350 31 — ~9 ____1 . 78 108ft 108 ft 1961 5s * -Sinking fund deb 4s.. May 30 : 1 common 112 3A 104 . 111 . Brothers 115 *107 ; Public Service of New Jersey— 3% Nov 1,100 41/4 12 ft * 5% 65 ft 105 ft 1047« __ Pennsylvania Water St Power 3fts.1964 •3 Vis w———: 1970 West Virginia Wilson *105 ft 1981 5 fts Park Lexington Wagner Baking voting trust ctfs ext..• 7% preferred — 100 Western \0L% 27 *110ft 111 .A5fts series A (J909& redeemed>.1948 , Western \ 60 98 747103 ft 90 4 1950 Continental Pacific Waco Aircraft Co——— — 33 1956 Westchester Ltg & 1st Co 79 90 33 J-J 5s Public Service Class B„ *85 33 J-J 4 fts Y State Elec & Power West Texas M-S IOO3/4 101% 101 ; 1969 to___ England Power Assn -y.£,V. j/J• 0 *: Waitt & Bond class A 65 63 v 4.1970 Ohio Power 1st mtge 3 fts 1st mtge 3s ' Wentworth —2022 Light 4fts__. Power Debenture N 20c Manufacturing——. 32 30 J-D New England Power 3fts New :/ 5 Venezuela Syndicate Inc I. 1948 Conv 1 Ward Baking Co warrants Warner Aircraft Corp 1966 3fts 5s 34 ft Oct : 19ft Sep Jan Apr Feb '. 1 Petroleum Watch J-J New Amsterdam Gas 58—.-.—1948 ? New Eng Gas & El Assn 5s 1947 y Venezuelan 35 ft .-» J-J v7 6s series A North yalspar Corp common $4 convertible preferred 59ft 65 29 2022 at 4% Milwaukee N Y Waltham J-J & Light 3fts Utilities 4s Extended 20% May Feb 4ft Sep 5 ♦ — 65 28ft 32 8ft May 3c:.- Sep 22 10 Utah Power & Light common. 1 ■ 3%' Oct 4.':*'*• ; 50c Oil 34 38 •' 1963 McCord Corp deb 4fts Midland Valley RR— Feb 7ft-Jan 100 •1 High 29 Apr • common Electric Power Kentucky 30ft' Jun 11 '/a 1 35'ft ''■•', 1957 Power Sep Low 34. *35 J-J 1952 Gas Electric 6s_. 20% ;3% Utah-Idaho Sugar— ?/ 5s Power Kansas Oct No. High 34 " . — 1952 Altalian Superpower 6s Kansas 10% 2% 34 /■•/—. 1952 — (July 1941 coupon)— Apr 86 F-A 1957 coupon) Jan - January 1 Aug 18% '15"?;' 5 Insurance Vogt 1941 84% Mar Range for Sold 34 1957 Sep 47 yS- J-D 1955 coup) 49 ft July 3% Co 1941 12ft 88% Products 1 E (Aug A7s Feb Sep 46 3ft Universal A7s Jan 86 ft Universal (Dec series A7s Oct 4% Securities——• Consolidated A 7s Bonds Bid A Asked Low * ■) 1955 C Sep 697s 72 •.47ft 294 Week's Range or Friday'* ' Aug Oct 8 70 ft common United Stores •• ■ 9% Jan "lft lft Rubber Reclaiming— Universal 85 Jan with warrants—-* I -1 1st preferred A6fts .. Apr 101 Mar 284 1 and International $5 Jan-" 47 May •>.•;•>" Power Sec— series Interstate 25 1 class B U S Radiator X1 8 ; 95 25c 10 25 IT s Graphite common—;—— U S A 6 fts 37% May *— r Co Oct -100 Sharing Specialties U S Foil {International Debenture 6s Machinery common Preferred 20ft 8V4 preferred United 21ft Ltd— Co Amer dep rets ord regis United NJ RR & Canal United 'Profit 60 Sep • preferred participating United Feb 13% 19,700 i 20 • United Milk Products—; 32 600 Friday Last Sale Price .{'• 34 ft May 2ft Jan U* Sep Exchange Curb - 1,300 • —10 7 —. United Gas Corp common— Light Mar 27 17,600 warrants United Elastic Corp latorert Period York Oct 8 •.'" 5,500 6% * Corp United BONDS New Range Since January 1 Shares of Prices Low United Aircraft Products new com..50c United United for Week Last Sale Price ■ Sales Range Friday • Curb Exchange New York CHRONICLE Waldorf-Astoria Hotel— income "debs A 5s Power 3fts Wash Water Penn- Electric West 5s West Penn Traction 5s.. Western 6s BONDS Fork New Curb Period Last . Paper 6s— 1961 Appalachian Eleo Power 3ftis—.1970 Appalachian Power deb 6s —2024 J-D J-D J-J J-J A-0 A-0 Amer Writing 4fts_.— Assoc T & T deb 5fts A Atlantic 1953 1955 Electric Associated i < Bonds Sold * ' Foreign Governments & Municipalities 106 ft 108% 111% 120 120 120 101ft 101 101% 104 104 104 102% 106 106 105 124 99 ft 104% yy/r BONDS Curb Exchange 106 ft York New ,108 Low Af-N *117 1962 J Bickford's Inc 6 fts J-D 1960 — A-O J-D tllOft Boston Edison 2% S—^,——.1970 J-J 72ft 73ft 8 A Chicago Rys 5s ctfs (part paid) .1927 Jan 1966 F-A 55 ft iif-S Conv deb 5s—i—.wfc—1950 1958 1969 58 A-O Danish 5 fts 73 104ft 103% 104% 103% 3071/2 109ft 106% 105 *105% 108ft *-_ 105ft *103% 104ft 106 ■; ref mtge 3s ser 1st mtge 2%s ser 1st ref 2%s series R_ Gas Consolidated Gen mtge » 1954 ^est^h KR— 108% Division— Co 6s ser A Grand Trunk West 4s Power 3%s Guantanamo & Western 6s J-J MS » ...1961 stamped Mountain 1948 1950 1963 1958 Hygrade Food 6s ser A 6s series B Service 1st lien & ref - 5s..—— 5s Indianapolis P & L 3 fts Jan 1949 vll7' 106 ft A7s A-O —Jan 1949 107 105 130 76 105 ft M-N 105 . 79 *1; 65 105 V* 65 607a 103% 62 / Rio de Janeiro , M-N 1947 1947 1931 1972 - a-o j-d „ 31ft 317a ; ii 97% '|f; 32 20% 23% 31ft 36 a .. . 12 A-1 '*52 *20ft *96ya . - — t- M-S 50ft 52 97 *"«*'••' 53 90 27% y! 99% 37ft /.P'jV- 45 50 ft 26% 'Um , — mm 41 stamped (Plan A) -X to 2ft—-—2012 6 fts 1919 reduced 105'/a 105 105ft 1057a 1057a 105% 108% and nsked prices, no traded flat. Abbreviations used 104 104 tlve; "w " ■' • ?"V : above—"cod," certificates of deposit; "cons," consolidated; "cum," eumula- "M," mortgage; "d-v," non-votlhg stock; "v t when issued; "w w," with warrants; "xw," without warrants. "conv," convertible; i," sale, f Ex-distribution. Ex-rights. sales being transacted during current week. Deferred delivery sale, d Ex-interest, e Odd-lot Under-the-rulo sale, r Cash sale, x Ex-dividend, y a n SReported in receivership. 106% 102'A value, ABonds being 110 104% 10478 par * Friday's bid 75 r *106 1921 Ex-stock dividend, 104% 105% 65 : • 32 *52 -/ J-D'-J-' to.-2fts..—-2008 ,-A5fts •No 102ft 102ft 1057a , ft 109 ft *102 .. 99% 27 y 31ft 92% 89 3 * 92 ?'?; S'*104 ft 105 ft . 20 20 ? 85 ARussian Government 107% 124 *62 __ J-J F-A 1970 81ft 125 J A-O 1950 1963 Interest reduced 49 ft *104 — J-D J-J J-D J-J Mortgage Bank of Chile 6s Mortgage Bank of Denmark 5s Parana stamped (Plan A) ' 1 ..*124 — *15 *10 J-D y:// (issue of Oct. 1927) Interest , / A 126 24 J-J 83% 78 24 ft 98 947a M-S 2008 .1951 stamped 7s Mortgage Bank of Bogota— A7s (issue of May 1927) %•£/>'- A • '.C';: '•.•■■'■ Indiana AMedellin 55 ft M-3 M-3 1965 1956 Mtge Bank— '3 'i (* ■' 1993" & Fuel 3fts & RR 5s A General Rayon 103% v> A-O 4s ser B—————1993 Finland Residential Green J-J 1981 Elmira Water Lt 5s J-D :,y78 y? . •24ft 98 F-A 1952 high -.' ijf— -- 24 ft 98 January 1 'i,•£;:':'.yyiy *78 ?':.v Range Since Sold Low •,. *78 M-N City (Peru) 6'fts stamped 1958 Maranhao stamped (Plan A) Interest reduced to 2VsS (Bait City)— y:.; Lackawanna of N 3 1st mtge 4s ser A 1st mtge -• 1976 Q 4fts fcelawarS Lacs Eastern Gas 1969 P 1st ref ' J-D 1953 — " • .-••' 110 105 ALima Consol Gas El Lt & Pwr (Bait)— : 5s '. J-J 1955 ... Danzig Port & Waterways— AExternal 6ftS stamped 307ft 101% 106 20-year 7s A April 1946 A 20-year 7s „_y..Janl947 Bogota (see Mortgage Bank of) ACauca Valley 7s__——.......1948 Extended 103% 104 ft ■. ?7 A-O Debenture 5s 112 ? 50 1 102% 103ft 104 M-3 !:V. Debenture 5s 110% 67 79ft 115 108% 67 77% M-S A-0 Bonda Friday's or Bid & Asked High Agricultural Mortgage Bank (Col)— ::;r. A 111 1954 Cities Service 5s—— 120 103 w 104ft 104 110ft 115ft 119ft 1948 S A Central States Electric 5s A5fts 106 106% 106% 1957 series B 1st M 5s 5s series O Week's Range Last Sale Price Bell Telephone of Canada—y .v Friday Interest Period MS MS 106ft High 100% 101ft 108% 108% *101 — V 100ft debentures— January 1 120 J-J J-J f s Range Sine* High ~ M-S City Electric 3 fts——1964 Friday's or Bid A Asked Sale Price Low conv Week's Range Friday Interest Exchange Newspaper Union— C," voting trust certificates; OTHER STOCK EXCHANCES * • RANGE FOR WEEK ENDING NOVEMBER 1 .5 STOCKS Baltimore Stock Last ' vto & Assoc Vernon-Woodbury Mills New Amsterdam Casualty Mt 1" 100 163 . 13% May .28 Feb 10% 50 160 Oct 186 38 Sep 58 130 26% 43 J/4 Butler 44 16% 10 Oct 54 debentures ; 2j-year 4% (subordin)—... Boston Stock 167% LOW 41% 3*8 J/a 55 42% 115 165% 170% 58%" Feb 5,609 70,977 1,203 165% 111 -52% 30V* 233 34% Oct Oct 16 —1• 100 ———257 Elevated Ry 100 • Herald Traveler Corp...—* Boston & Albany Boston Boston 15% ' 365 15 185 120 Oct 1,314 16 44 Mar 75% 76 193 72'/8 Sep 35% 35 450 35 Oct 45 v | ; . •55 8% ' , 9% 9% :Jun • Fox 22 24% - ■& Fuel Associates— preferred 100 Ry— />- • 6% let preferred series A 100 6% preferred class B 100 5% pfd adjustment.. —100 Eastern Gas 95 prior Easiern Mass Street Oct 22% Jan Oct 23 Jan 25 Jan ;8% Sep Sep Gibson 76 Apr 12% Feb Oct 42 Refrigerator Gillette. Safety f ;93 ,Sep- 16 126 40 115 50 27 150 16 125 30% 31 ; 117% ;17% 29 J/4 29% • 98% Oct Co Co class A Bakeries Hathaway — 54% * —* -*, 37% (H W) 10 Hall Printing Co commqh Sep 47 Apr Aug 25 28 21'/a 46 Sep 140 Oct 347 53% Oct 41% 1 -7% /32% 135 4 J/2 180 55% 10 Feb ' "• ' Illinois 41 87 Sep Sep 14% Mar 56% Jan Sep 79% 17 35c 245 116% Oct I 380 75o 30 Aug 3% 293/a 25y8 28 J/4 130 110 / 28"A 1,773 2% ' 12% 3'*: 2% 300 16 Apr 47 J/2 Steel 12% Oct 19'/a 14% Oct 10 50 7 Jan 12'/a July 59 34 Sep 46 37 39 42% 46% 37 Oct 515 71% 70% 71% 350 47% 47% 20 46'A Sep 54 56% 125 53J/a Oct 79% 41% 42% 175 41% Oct 70 24% 85 Sep :> $10,200 Week's Friday Oak capital Rights w i——Armour & Co 66 May 39%- Jan Mfg Co Asbestos Mfg Co common Athey Products capital Automatic Washer common—, Aviation Corp (Delaware) 5 1 4 124% Sep Low 10% Seelig class A com Bastian-Blessing Belden Mfg Bergboff Binks Borg Co Co common common Brewing Corp 6 6% Mfg Co capital Corp (George W) • «—1 ——10 'Aug J •38 . 'Jun 26% AUg 33% Aug £ : ii Low Oct 6 Oct 8 J/2 Sep High ; 20'% Feb 13 J/4 Jan ' 10 : 9% 300 10 ■ 117 166 J/4 1% 20 117 164% 170% 1% 110 164% 1,700 1% 11,500 1% 14% Feb Sep 134 Nov 199 % May 1% Nov Oct v.. 3%:*; 11% 3% 13 3% if 1,700 1,000 10% 10 J/2 11 7% 11 J/4 4% 400 7% 1,900 2% 400 4 >; 6 J/4 4 : 6% Sep Oct 19 J/4 —— 70 19% 33 33 100 550 19 J/4 *25 % 'Jun 16 600 Sep -/. 30 May 21% May Janv>. _-;8Q'. ,58'A May 14%, Jan 23% July 800; ' 22% Oct 800 9 ; Sep 65% Jan 57 y4 July 300 7 26% July Jan 13 •■ •- 23 x6 450'; 15% Mar .Sep , 24 700. 1}/B 19 .. 35% 1,900 950 41 ; •: 10% 16% 7 A 100 67 A 14'A •• — 161 .133 8% '41% —.——1 25 — com new 18% May 7'A 8 100 9 ' 4% Society Brand / i.,: < 50 37 16ya .Jan Sep 22% Sep 32 Oct 187% Oct 184 2,800 100 .350 4% 20 Oct. '27 10 — 11 16 Sep Sep July 33% Jan Oct 11 Sep 24 V2 Jan 36 Jan 49% 200 Apr 8 Sep 12 1,150 24 Oct 10 37% July Oct 20'A 1,100 15 1,600 16 .37 Oct 20 3A — 25% Sep 16 Oct 59% Aug 39% Apr 60 30 Oct — . JA -- 45 20% 150 19% Oct 28 100 3% Sep 10 sep 8 HVs 10% 40 — 3A ll'/s1 40 300 1 '200 100 11% Aug 27% ,N0V Corp' common— 10 Coup common—— • Sundstrand Machine Tool common—5 -- J9 J9 28% 28 A 150 19 28% 150 27 23JA 21V2 800 Swift & Co capital— 35 18% Feb 31 Sep Fur —-———25 Feb 208 South La Salle Street Corp com—* 23 Sep ■ 33 23 'A 800 ,35 commonj——/ 21% May 17 17% Oct 26% 29 July 36 Jun 45 July 34% July 850 12% Mar 17% Feb 18 750 16 Oct 30'A July 12 13 850 12 Oct 22 Air Lines Transp capital.—.—* capital * 41 •— . ,'280 47 — ,• Feb ,•/. Wieboldt Stores Inc common Cumulative prior preferred-. — * — * — *' May Oct ; 61 J/a May May 49 89J/a 24% 100 89'A Oct 200 24'A Oct 68 73% 600 65% Oct 22% 24!A 400 22 25 102 102 J/4 >/ 22% Oct 300 • 10,; 22 102 ;a•" > •. •'•' •?• 40 120 Oct - Oct , 97% Feb 39% 48 « 106% Jan Mnv i ■•7 52% Jan . Westinghouse Elec & Mfg com——12JA .Feb t.-: Sep 47'A 89JA 24!A 48% 73% U S Steel common 21 Jan 14 J/4 United 1,400 Feb Oct ' 23% $ Feb;, Oct . •• ' ;/, JJan 3A 17 y4 Mar 49 J/a May §37% Feb 27% 14 J/4 i Jan 1,900 27% Oct Jan Jan 32 .18 34% 7% Oct 27% Trane Co >A 300 —• Stein & Co class A common May. 8JA 31 16 33 20 32 18 —1 — (The) Feb 114 v 200 , loo ■: May 9% 'Feb' A-if; ■■.■■;: Standard Forglngs common——..—1 Standard Oil of Ind capital —10 < May • 1,900 29 ill 8 Feb 17 13 16 24'/e 25 15 (new) —5 common——.——3 St Louis Nat Stockyards cap * Standard Dredge preferred——20 Storkllne May 473/8 Oct 25 100 ••> May 127 Oct 94 -V> 65 Sep ,25, Jun May 14 > Feb 6'A 40 1,700 H .14 36% 39% 9 9 — Inc Common 7% Oct 40 400 39% — Jan 17 Feb 160 200 . 24ya 1 ::V' Jun 13 J/2 Jan 130 2,300 98 31 , — South Bend Lathe Works cap Spiegel 85 31 ■■■■■■.—*• Clothes com v ■■■•' 7 J/2 17% May Oct 19% Mar 13'A 50 4% . Jun May • Sangamo Electric Co common..———♦ ' >Schwitzer Cummins capital—.—1 8% 49 J/2 + 30 _ 28 . 20 J/4 Sep May 103 > 38 50 161 135 6% 7A 103 105 25% 28 • — capital.—-u—59 RR Sep 30 May 250 7% ,8% 41% 42 , Oct 19 51 200 14'A .23% 23% — /Feb | July 14 Va Sep Sep 6% Jan 64'A Oct t. 150 ^8,, 25$ 26 % 60 25 31% May 5% Jan 14 y4 42 1,000 26'/a ^ 57%-Apr Apr Sep 15 . 400 7% — 20 400 46 64 A — — 2,700 4,150 9J/2 — ; 18% 15% 67% 14J/a 200 Feb 14 J/4 " : •31% Oct 49% Oct 100 24 /a 44 15% * Oct Oct 11% May .May 15 Va Apr 35% May 38y*-'Apr Jan ,10% Oct 11% Mar : .13 , Jan 1,000 . : Jun 25% May 44% Jan 18% Oct 20 280 <10 J/2 !6% — , 'Junii; 10% 14%,Oct 100 497/a 50 10'A Sunbeam 13 600 2,150 24 common—..—.——-1 — Quaker Oats ;CO common.—i——1* 98 Rath Packing common————10 — :K.--.' ■/ ■ : ' ' ■ . 9J/2 f 75 v: 31% Potter Co (The) • 157% Jun Bange Since January l 1,400 6% 5 10 1 20 12% Aug Sep 19% Sepr 5% Sep 10 21'/a 24'A *19 22 . —^ 20 common Union Carbide & Carbon Barlow & Jan 55% Jan : 300 " -J0/2 24% 18% .-10 common Corp Peabody Coal Co class B com 6% preferred d 200 . 35% —* —* common- Car Sinclair Oil Corp High 10 30 23 6% 24'A 20'A capital——.—* Serrick Corp class B common— 1 SheUmar Prod Corp common-.—-.,-* Signode Steel Strap Co com (new)——• Shares 8 3 Jan 25% 17% Apr 46% Jan 20 -- vtc common common Pennsylvania 23% Jun Sep 22% Oct for Week — common 350 ,22 10 24 . —10 Parker Pen Co (The) Sales Range of Prices Far American Tel & Tel Co >Mar 25% 7 • Apr 83% Feb 16% Oct 953 129 129 1956 100 100 Jun 71 Oct ' Apr 49 15 Last common .30% Oct 19 300 v / 27% 27%. ' - 18 J/2 May 9% Oct 115 Sale Price Bearing 50 l. •42'A 'Apr 16% Oct 9Y* Sep 850 -14% ,16% — Bancorp common..,......—* prior lien pfd....—109 preferred .J00 7% 7-; Public Service pfd ('Oct7' 24% Jan .16% Oct 160 20 V* 56 Nor West Util 49 J/2 May rn*m 22% common common Illinois Northern 53% Aug 10% / Mfg North American Chicago Stock Exchange Ball 16 J/2 17% Sep J,-. ' — Sears Roebuck & Co Aetna Jan . 800 22 16 » capital . American Feb /14% 6 , il8% 14'A " * common National Standard v 52% Jun 41% Oct 9% 17% Co Monroe Chemical ^ '—1 5 .—* Jun Feb' J 79% 18'/a 22 , 16 pfd.—.*—.——* Northwest 265 1,540 60 Power $6 Montgomery Ward Sc Co common—* Jun 10% : & Modine Feb 37 46% " ! common $1 prior preferred ; 23% Apr- 10 Co— common—— Advanced Alum Castings: 25% Oct •, 22'A • West Corp Miller & Hart Inc 6% Feb 460 39 Prod . — ,* Middle ■ Feb 337 17% Corp Sep Sep 8 53 .65 J/8 22 ,22 6 '/a 6'/a '"-v 'Li, -.•.• 15% 16 16 .100 common (new) * 1 Apr 47% Sep RR Masonite Corp common Mickelberry's Food Prod common .r■ 36% Westinghouse Electric Corp— Admiral 18 200 . 65 A-:- Marshall Field & Co common.—* Aug 13% 60 stocks Aug:1 ^ Apr 17% 16 — Llbby McNeil & Libby common —7 Lincoln Printing Co common 1 Lindsay Light & Chemical com—,—• 2V* Feb Oct — Balle Ext Univ. common;—.——<8 Leath ' 17 Waldorf System Inc American Tel & Tel conv 3s_i 52 .1% Jan 142 Oct 24% La Mar Jan —* —1 Drug jCo common—,....y X Kellogg Switchboard, common * Kentucky Uttt Jr .<cum pfd—————50 Apr 132 2% Oct 29% — BONDS Apr > 482* 450 ; 20J/2 21 <30 ,30 — Kats 25%'Jan Oct "Oct Jan 76 1,500 5 Jan 13% 1,950 32% 3 5 • United-Rexall Drug Inc 5 United Shoe Mach common— 25 6% preferred 25 U S Rubber 10 U S Smelting Ref & Min common—50 (S D) Feb: 27% 17% >17% ,10J/4 • , 27 360 .19 "Feb I2y4/Jun Sep 300 • Augi May Apr 18 9%. Sep- 1,200 »18 58 30 J/a 34 ^ Oct 9 " 20 " r Jun ' 8% May - 7% » 20 V\ .. V Central Interstate ' 60%-Apr 53 370 50c Sep 28 J/4 365 18% 116% 121 1 1% 32% • Twist Drill... Fruit Oo Warren 250 5,550 10 • 20% Warrants,..— 22% "July —— United 18 JA : '*.**■( 8% Feb 111 -15-.Oct 1,800 1,850 18 — 25 ■ r Indep Pneum Tool 42% Apr 45 Mar r.?' * Btone & Webster Inc..—.———*,| Suburban Elec Securities com..——* Torrington Co ————* Union Jan 200 T ;• 16% Oct 32% 6 J/2 Oct May '•>»;*>. •<£;' . 37'A May 3% 18% 8% 18'/a — .Illinois Brick Co capital—10 Apr 1% Jan 17 Oct '283 ,14% 82 — 100 Assn 20 46c 121 RR 50 Mining; Co...—.——.———25 Shawmut .20 .< -45% 18 83 Pennsylvania Quincy Feb .13% 14% —— RR 62'A 32 J/4 Oct 48'A 1,500 50% 29 .17 86 17% 1 1 Hupp Corp common ■' 51%-Feb Jan 10% 310 32 18 Colony 22% 30 3 J/2 55% Cos— Pacific Mills common 2,183 36 J/4 6% >- Old -34% 20 41% 30% 1 New England Gas & Elec, A§srw' 5%% preferred * New England Tei & Tel 160 North Butte Mining 2.50 Atssn - . 32% .18% * —8 Hibb Spencer BarUett common Horder Inc common—— 70% May 34% Oct 1,327 3Va 7% inc——1 —■ Kau'g Service National 18% 8 — —.10 Heileman Brewing Co G capital Jan 55% 29 20 common.———100 Nash-Kelvinator ,Jan : ; Sep 26 100 9% .;10 10% ,11% • new—.—5 / common. ,1s; Hein Werner Motor Parts., Jun 36% 5% preferred .——v-—100 Mergenthaler Linotype Nariagan&eit .... Hammond Instrument Co common, yii% 1,450 47 18% 18'% i 200 , 3% 15 jV/a Great Lakes D & D common..—, 104% May 145 Jan .24% 34% ;37J/a . 34% International Button Hole Mach Co..10 tusunecott' Copper ——* Maine Central RR Apr7 Apr 25 Jan 99 48 7 • common ! Jun 53% ; ~3% —* B Class common...—1 Razor common—, I Indiana Electric Gillette Safety Razor Co 3% — Goodyear T)re & Rubber , com_——+•*. GoSsard Jun ,120 23 1 General 36 Jan 1,250 . 90 w 10 common tGoldblatt Bros Ino commoni^., • 20*/4 May Oct 6% Oct 25 20 Jun - / • Stores National 95 45 20 200 7 J/4 : 14 Jan 41% , 7% jan': 120 42 7 J/2 •99% 1Q0 .—.*- Group Assoc Public Service— Engineers First 3% Candy class A_ ,—5 General Finance Corp common—.^i—it 22 Oct Oct 41 General 155 :■ 21>A Sep — i 7 6% 95 J/a May 140 15% :.l»/4 }. | Jun [' jir y'i 350 Jan J4 33 14% 65% May 27 J/a, May Jan 9%, Oct 29 % 10% -Jan Motors Corp Feb July 173/4 May. 7% Oct 59 »'.u 10'/a 10% Feb 75 ■: 1. 21 520 211 3,200 40 91 315 Sep 6% Oct 1,090 120 ■•'• 26»% 26 Vi — 1 (Peter) Brewing common | Hernischfeger Corp Employers xll% 5 Oct 15% 6% S3 Lines Inc'common.. 10 Oct 35 ■ 25 Sep 14% Calumet & Hecla Eastern 22% 6% 33 Cities Service *•'• 61 Four-Wheel Drive Auto , 7 J/4 Prop Trust..—i. * Boston & Providence RR.—.... 100 4J/2% -- 24 20' 7% -7% 160 ■ ''• 17% 62% 36% 5 " m 32% 15"/a ,16 8 124 J/a 200 30% 471 39% 6% Sep 500 r; 26 17% 520 25 38 % pieierrea.— 110'A IfllO 32J/4 General Personal Boston 25% May ,150 Apr July 86% May —.—-1UU 5% class A 1st pfd stamped 100 8% class B 1st pfd stamped.* 100 7% class C 1st pfd stamped— 100 10% class D 1st pfd stamped 100 piiur . . 5: '•>; 49 Maine RR— Common stamped —*———100 •*. Sep ' , 125 Boston & 7 . 21% — . 50% 127% .26 .. 51% Feb 127% RR_ Edison 84% Eddy Paper Corp (The) —-*. Electric Household Utll C.orp^, i;.,.''••• :/$7 Elgin Nat Watch Co new com 15 Fitz Simons & O'Connell Dredge & / :Dock Co common.———.—/. 0% Mills,of, America toe.—........ 11% 70% . Boston 1514 May 150 74 76 28 common^ Domestic Industries Inc class Al 111 Oct jJun lft Oct » Bird As .Son Inc.——— 71 % 84 Vi common.——! ■Mi Doehler-Jarvis Corp ^i?2. 200% Jun Jan 54% ;38% v 74 5 Dodge Mfg Corp common new 52% Jun 1ft Oct ' t c partic v Feb 0% 7,350 , Feb 25 3,300 ; > 10% Jan 5% Sep 150 .8% ;60 9 J/4 50'A.Apr 113 Oct ■j. Oct 48% 7V2 60 14 190 8% Jan Oct 1% Jan May / 39 High 19% Mar ua 8V* : 171 8 10 pfd, ,50 Common partic. $hs v t c class B—• Bangs Since January 1 52% ....—■ ————♦ —j—-50 Wooien American Anaconda Copper .Shares f High 10 116 Uten Co-new Biscuit Consumers Co 200 " xl70 — common—.10 Commonwealth Edison for Week 40% common—100" Tei—02——-1W Cities Service Co Sales 40% * — Chicago Towel Co—. Common capital— Chrysler Corp common : Consolidated Low Refining & Tei ; 7% -116 8J/2 33'A 105 ^ 200 6% — - 100 Oct May 27»/» ; Jun 51 Oct 22% May Feb 17 .Oct Oct .1,100 14 Vo Oct 33 J/2 17% 500 2% 14'/a 116 Southprn Air Lines——• Club Aluminum of Prices Sale Frioe Rights Jun 103 * 1 37 66 35% • 300 / . 110 7% (too -400 1% • - i- Chicago Corp common—..——...! Convertible preferred ,—————-* 95% Jun ; Exchange ;.V";;Xast' ■ i/ American Sugar 1,000 Range Pkf American Jan -2% * preferred Week'e Friday Chemical Co Jan Chicago stocks American Agri 87 99% $20,000 92 102 v Mills Inc— Vernon-Woodbury 90 102 4s—-—..—1975 Co Transit Baltimore lien 110 :1 uummuu 37 108 — pfd—• '•/! •' Preferred • * "/ Central States power & Light pfd—• Bon ri b— Mt Serv «6 x22% — 6 -50 ' 37% 28 • 23% 18'A 17% 50 High Sep 38 -100 6 37% .10 150 17% 6 ^-t'13%• t,;'/.j^0 common bul w t> Prior Mar 45 Jan common... Corp Bange Since January 1 Low 43 17Vi .. .1 ——5 ; Shares High "40'/a ; —— Illinois Pub Central Apr 42% (E L) •<( pfd 111 Secur Corp common Convertible preferred Jan 40% 170 37 Low — ••Central May Oct A , Brothers Ceniral Jan 58 cl for W<H»k of Prices Par Castle ds Co (A M) common———10 Aug • 26 40 43% .43% Jan Jan Wire ... Burton-Dixie 55% May Sep 39 26% Bruce Co 31% May .350 <40 39 Sep Feb .12 J/4 163% 40 Common ftigh 4% 1,010 13% 20 2 ——*n 20 Bank— National Western 44% 13 J/2 com ftuar Fidelity 8 40% Ranr* •.. (E J> capital. Brown Fence & •21% 1,018 —20 10 Fidelity & Guarantee Fire Corp T7 10(4 v t c com Co Deposit ':34o'-; s .24 9% vto —~ Sugars Fidelity Low 100," Co common ,4'ranfi)' Preferred Eastern 23% • •" Brach & Sons Range 8inoe January 1 High Low •. > Share* >•>•: Par- •'• Corporation Arundel btui Range of Prioee Sales Friday;/:7 Week's -.w »» . Sale Price for Week Sale Price ■ ' " Sale* Week'* Friday STACKS : < Exchange .. 164'-''Number-4539 Volume VrOx./ THE COMMERCIAL & FINANCIAL CHRONICLE ' ^' . 2313 - OTHER STOCK EXCHANGES RANGE FOR WEEK ENDING :§■; 8hares of Prices Sale Price 43% 'M04BO 9% 750 9 Oct 100 7% Oct 9 Woodall Industries common—i—u '' ' U . Corp ' 12 Sep .' Amerlcan 23 St com- Mill Anaconda Copper Mining Steel certain-teed Feb /-'/• r: ■- 18% 15% v 10 8% 10 Columbia Gas & Electric- f/104u! Jan (M — 4%% A) Harbauer Co 50 ._ pfd—. .u-.—— Shares, High 52% - — for Week • of Priees ——\ Range Sines January 1 Low • ' 52% 35 107 10 13 13 200 — High x Oct 52 107 * / Industrial Rayon (Un)_. .Interlake Steamship - •, /Jaeger Machlna I ft Jones & *"5% • f 106 105% 55% May Jun 109% 11% Mar Apr July 14 /. Oct 8% 200 6 I 5% Jan Oct Oct 20% 1,100;' . ..... . , 34' Portland : ■■■ , 54 404, 45% 810 . 29% a33 '/a a33'/e 26 Mar Jun * Feb 35% Aug 12 Sessions— —10 11 50 Oct 10% Oct 4i5 •8% Oct 17% Feb 242 12% 32% 650 39% Oct 53% Jun 100 • —a. 110. 34% 30% ' ^34 • Lime Sc Trans, & Medusa 25% July 13% May 10% 700/' ' a39ye fl.40% — . / 16% Jan 22% May 53% Feb 17% • Jan Jan 94 V* 15% • * Laughlin Lamson Jan .500 11% 10% 'h 110 '' „-'/imm*'' 18% —1—. Continental Motors riirtiRn-WrurhT Hanna Kelley Island Corp common Productb Aug 51% ?'!- & Santa Fe Ry corn- Bethlehem Vi ! pfd Sales Range Feb 42 San Rolling Atch Top Halle Bros ■ ft Week's Last Low 19 Jan 17% Jan 7% Apr Radiator A-0 Sale Priee 13% May • .. tmerican Filter /•>,?';f'-',y.0v/ 4. , Unlisted Stocks— Aliegnany . v8-''08"s capital— Machine Yates-Amerlcan ; . >■-•-■>< High Low High 13 common- , Range Since Jannarv 1 Low Bank shares Wisconsin 1 stocks V,,; for Week .v.;. / Range Last ;V 1 Sales Week's Friday 8TOCKS NOVEMBER 5% 12% • * • ; '/-// : * National 8%••,"••• - L. . Metropolitan Paving Brick Oct Y N Feb 16% Oct Cement — . Tile Central & Mfg RR /; 3 (Un) 3% 778 al47/a al5% __ 160 Oct 8% Apr 13% Oct 35% Jan 33 Sep 3 Apr ' Radio- Farnsworth Television & Electric General Graham-Paige 37% - Interlake Iron Corp common-;—. (Glenn L) Co Vevr Corp— Central RR capital York .;T6y».:': Pan Amer Airways new 1 com 33% Pepsi-Cola Co Pullman Incorporated Core nf America '•> 8% May Oct 24% 33% _* (Un )— 26 33% 23% — u 50 - , —, 50 24 150 a26V8 a26 , 95 Sep Radio Corp of America (Un)———* ' « Republic '/-. 25% Jan 37 Jan Bros Standard Apr : 35 Steel Rlchman :/ Oil : a9% • of Ohio 51% 49% • 10 common v Feb 47 % Feb Sep Van Dorn Iron Works—a— . a39 Vlchek' Tool Oct 40% Feb 49 % Sep 63 Jun 20% Mar 30 July 178 a 10 -i—; 38% Oct 163 65% Oct 97% Feb 22 Sep 34% Feb 11% Oct 18% May Jun t', 25% 25% 11% 11% ' 236 3% w 69% y %■ a677/s a70% —;-J——: Jan 19 24% A39 LSsVi'iv> (Un)~!*— 1 9% Oct 148 1,412 51% a24ya a24% 'f.. common : July 27% 25 ///y'i/ a9% a247/a a27ya * Thompson Products, Inc com-,—:—,* •f'f'c'.+v- y'''.' 'V D S Steel / y inn) 40 23 % Mar 20% Feb Oct 14 / Sep 13% 400 V * Sargent 3%1 1,225 50 . \ t'- v •■inurtf.owu. rtoeet. it Youngstown "Steel • v Tube common—.^ Do^f (Un)4_ _i5%..46% ^ v a61V8 a66 % !* &£ 25 — 5 3% Oct 125 al7% al7% . 5% Jan 57% Sep 83% May 16 Oct 31 Jan ' 26% 13% 14 ";65% 67 Oil Co Inc— • Standard Brands common N J--—k—25 of y*— Corp Patterson Warren Refining/&!Chemlcal——u2 common Radio-Keith-Orpheum Standard Oil 1,400 25% -20% 22 9%* 10% Republic Steel Corp common. Socony Vacuum 10% Sep 5% Oct 6% •' . Packer jPennsylvania RR —• <Thei common-^-^-—• Pure Oil Oo '; Jun 600 -12.,/a..J4 30. .30 2% Inc 13% 1:17/'%/!/ 1,200 6 .4 Corp Pictures Feb Oct 15 15% 17 North American Paramount 51% 5% ; 13% 15 25% Packard -Motor Cat--.*.,,..,'.. Oct v 32% 1 8 • common Nash-Kelvinator 0-34% 2,400 Si' i Get 8. 1,500 6%- Z i "5% 06*60/4 • Laclede Gas Light Martin 5% Motors ;//• 37% 34% 6% Co •'w- - /". h 1 1 12% 12% 18%. 21 Sunray Oil Corp—...... -1 7% 8% ' United Corp 3% 4. Standard Steel Studebaker U S —, Co Si common Co Rubber Wtlson Spring Corp Watling, Ierchen & Co. ——50 common. 13% /13% common- H r Members i New York Stock : Kxchangs > New York Curb Associate * ^Detroit Stock Exchange Ford Chicago Stock Exchange Building : DETROIT Telephone: Randolph 5530 Week's Ranfe .(or Week ef Prices Shares Friday Last '•*•.* SaleFriee P«f 24 , —8 .18. • Chatnplon Paper & Fibre new. Churngold —4 Cincinnati Ball Crank—.—— .—5 Cincinnati Cincinnati Street 108 ' -.50 . Drug Eagle-Picher; Early & Daniel———.— Art 24 105 -■ 51 22.1/ Randall 25 6% 55% class A_— S Playing Card—_—.— S Printing Preferred' _ ■: Jan Oct Jan Corp—* Jun Chrysler 37 Jan Consolidated Paper Continental Motors 70 Mar Crowley Milner 145 . ; 69% 71% 5 : 14% .Oct 53% Aug 65% May Oct Detroit & 47% 50 Z 50 T '» -. * — 32% „ u v Jan 50 Oct . 11% May 71 Apr 26 ' Jan ; Electromaster, Inc 31 >' 35% 22% General 377 10% 10% 52 -. • 37% Brands Standard 4 21% 9: 120 . 200 : 20 24% 3V* 11 10% 3536J/a' 3% — •////•/";/'' 42 Far Manufacturing-!—50c Brass Akron tow 13% American Tel As Rights ' i. Coach As Body———5 Tel—. —100 American ——' City Ice &: Fuel—~— Hudson 28% May l Cleveland Cliffs 574 3C 5 400 * -v 177 . 262 30 —10 Cliffs Don pfd ■ ■ ' al6 * v.: al6% 90 88 Oct. Motor Manufacturing Railroad 20 % 22% Firestone Tire 15 Electric General 10% (Un),. —25 , Gliriden Goodrich Co & (B F) common ; Lakes For 6% Feb 4 y Jan 9% ' 5% • 500 8% Oct '16% May Oct 47/a 6%! 11% Sep 4,055 4% Oct 6% f 320 6 Mar 8%; Jun 8% Feb 6'% 100 6% Oct 15% Jan — J . «'•«.» i '> Park 1 f > Co t 26% Jun 20% Jun 14% ,Oct 7% Oct 34 Jan " 1 ' ' > common. 9% 2% 150, 13 %Vb 400 k 4% , 400.' : . 14% Jun Oct Oct 4%, Oct ' 2 Sep 400 6 14 t: 2 6 6 2% 2V2 1%*' 1% 11% 11% 10,000 1%J 11% r : ' Jan ,8 Jan 2% i 'v ? 2% » 6-- ' 2% ; * <, !- - * ( Oct 1% Sep 10 Oct 100 680 t *** v 6% * - * 6 5 Oct 400 5 160 36 Jan 27 235 2,500 4y8 3% 4ya 7 6% 7 5 - 5 - 3% 3% 1,200 Jan Jan Jan ; May 12% Feb Sep 40 3% -2 21% 2% Oct %%.■* 3% 3% : - . 5 3% ' 875- 40 —, 27 Jun V:/'4 ^ — , Aug 25% Vv 9% Feb; Oct -220 2% — 8% 13 1,200 21/* ..1 (H W) Co——— 205 • — —.1 common— »Peninsular Metal Invest Sep 17% Mar 780 9% - Parke, Davis —: * Parker Rusf-Proof—^———2% Prudential 22 225 7% -13 - ' - *i—10 Chemical 193 * 19 16% . - ; 1 22 • 7% — . Oct Jun Oct 19- National Stamping ——2% Jun 1% Aug ; 41 21 4% Mar ' 15ya 7% July 47% 26% Oct Jun 3% Oct 33% Aug ;7 Jan 3% Sep 4% Jan 44% May ; Oct 32 . 19 Sep Rickel Jan River Raisin Paper 104% July 34% Feb . common & Rubber Towing footnotes 2319. -100 !- v /: ' 71 Feb 23% Jan Superior Tool 49 Oct 20 66 Oct 83% Apr Tivoli 52 Feb Udyiite 'common !—-————.—1 Oct 9% Oct 169 47% Oct 80% Jan Union 38 34 60 Jun United ''4 56% Jun U S Radiator common— a37 > a37 -: 20 I- . i : a537/a a55%4" v:" 22% 23 — / 30 350 . •36% Oct 61 Oct 50% Oct 23 30 57 ; Oct r 10 88% > >77 Apr Shirt Preferred 8% * —,—1 Distributors-—-T— — 6% —! -------—.-50 6% 13 4 13 ' 11% 12% 51 , — 200 1,425 11% 6% — — . 7% 10% — 11'A - 4% . 1,350 10 Mar Feb 51 " " '$ 3% Oct 4 Sep 9% Jan V"! 6% July 8 Mar 8 'Jan 1,390 201. 110 10% Oct 17 Jun 350 11% 900 ^ 19% Jun 25 6 Sep 9 % Mar 8% Jan Oct 23% July 20% May : Sep /■ 62% Jan 2% Oct V 2 Sep 46 " •' v.v. Apr 21% Sep 32% May Warner 39 Wayne Jun —— Investment common-——-—* 27 Sep 4% 4Va 4 6% Feb 5% Sep ■ 11% 3% — —1 49% Brewing 10% 3% Oct 2,008 - . 11% -■..-■■■■.-I 34% Oct a 825 Oct 39 10 a64% a66% * » common see. page .'•• !i common- ■: 275 a34% a35 J/a • :_i ; ; • Sheller Mfg new^ commoj^-.-i-——1 Standard 'Tube "JB" common—---—.1 124 a47% : a (Un) 55 / 170 20 '■ :f"'--i:^-: y.''•;,'vV a55% a58% 5 Drug Stores-— Great / 5 . -Feb 2 22 ,1 a35% a36% i ■—* .—10 Rubber common Goodyear Tire Gray (Un) "•'/ l'O %/ 19 Motors General Tire , 100 19 Packard Motor Car.;——i.—• 25% May 200% 84% Oct 240 1,365 a 43% a43% * new & Rubber General ; 4 (Un) Rubber Faultless 17 May 36% Aug .. '■ 5% 22 Corp ———1 King Seely Corp—^ 1 '.Kingston- Products— 1 Kdnsel Drug common—. 1 y Erie Feb 2% 6'A Car : Apr :' 7 8% , 9% Jan V. 12 Sep ; .65% Oct 27% Sep.; 38 9.0 22 —5 Corp Eaton 26 . Feb • i Sep Mar • 3% Oct 115 9% ."';28/S 5Va 10 Hurd Lock & Mfg May Blah 1% Oct 624. 1,000 i Oct:/' 200 1,050 2%s —^i!.——- Murray Corp 390 . " 8 . .46% July > Sep 3'A Oct 23 Jan May v ?. 2%: — LsSalle Wines ———————2 Masco Screw Products—!-.-——1 Low 14 23 ■ Controller Clark 5% 13% 5% Oct Feb • •> Shares./ % Range Sines January 1 \al66 al.70%. al% al% 1% 23 23% 23 850 3% 12 9% 5%. 6% _l common common ^Hoskins Mfg Sales — C: 8% 770 41 __ McClanahanOilcommon High 3% 12 5% — Hoover Ball & Bearing common— Jan Aug 53 Brewing Graham-Paige May 14 Mar Goebel Jun Exchange u,••;//•;:!/'• /"..;.;.y/,;v''":; Sale Pries' ;. •( Prices / 11- 41 12, , —— Week's Jan Feb " Sep -Oct -10% Oct 100 1 Brewing _—— Friday 18 Va -10 3,059 3V* 1 —— 5% 23% 5 Friars Ale - STOCKS . 36% ; - Kalser-Fraser Cleveland Stock ■ -1,375. >1,735 - 2 — 8% ' BV* 5%- 24% —l —- Federal Mogul—— Motor Truck—. Aug 80 % Oct 37% Oct 38 ; 37%' 37% :/ 42 Sep 87/a Sep 47% Jun 135% Oct May V \' 5 ;-21% Oct. . Oct : Jan 53 78% Oct 500 ' Frankenmuth 83% Apr 57 ■ Jun 41% • 27% 213 290 — Motors Oil Pure 103 30%... 9%.. 52 20%. Gas Columbia 2% 14' 15% "■?' 19 53% Mar 27% Jan 22% Oct ,V -14 47% .30% City Ice & Fuel- " 295 35% 22% 32% —.A,-' ——— 550 19 Gar Wood Inc———— .3 Gerity Michigan Die Casting—.1 Rolling Mill— 80% 11%- - American 100 1,181 19 5 Federal May Unlisted- Cities Service 2% 15% 10% 8% ; b% -20 common—.-——. Detroit Steel Corp. *29 5. Oct 11% Cleve Navigktlon-«J-*.—10 Edison 25 262 V* v! Sep' 31% 78% —— !Z-k ?* 34% Jan Apr Oct, 53% Oct Sep 59%, Sep 11% 185 ' . — 1 — Davidson Bros—— 5 20 r 80 34 2% _« 10 ; — - —^——— 21% Oct - Oct Oct 15 15Vo >5% Oct :■/" 7% Feb Oct 2% 14% 132 34 ■ - 4% " r 100 11% • — 22 '■/: f 307 * 600 56% May Mar 43% 5 3% . 29 % May V Oct 49 50 24% 45% • • • Burroughs Adding Machine——— 48 911 5 May —.1 Range Sine* January 1 High 3% 15 13 Sep 175 ; 5 3% ■ ^ 5 ., 'M%:/ '59%/ 24% v. £ —1 .Brigg MfS comibpn^u^vcjssC—i' ,!-'34---: Brown, McLaren common __i 2% Iron Detroit-Michigan Stove :'v- 22 25 Low j!———2 ; Sales .V;'Range-: .(orWeek of Prices • .Shares May .41/Mar/;;"/. 152 59% Gamble——— American Metal Products Baldwin Rubber Detroit Gray 'A? & AeronauticalvProducts —1 Electrib;-— w Allen Feb Last ■ May 57 28 50 Par 27% Oct Week's','- SalsPrioa _ 20 23 31 51 .//-::v ' 4;. :k' 106 80'A 125 ; li;:- - Mar 18% ^ 40 14 / ' .13%'May 11% Sep 50 '/ r25o X : ' 48% 6% Procter / /:.., : 25% Oct 21 > Cfc| 115 Exchange S T O C.K S. Friday 11% Oct mrBG 11 ; 22% Oct 12% Jan 22 Sep 106% Oct - 35 ^ 48% /•> ~ ;;' /•' 66 -14 ■%. 51 > ————. National PUmps / 24 48 Manischewltz U 105 66 Lunkenhelmer U a ' , 23 . 14 // 11% 21% Feb , >84 ^:189 ' 46% Jan 5% Mar 539 : 695 T 11% 'ft'- • 100^ v * 20% 3* 21% ———— Kroger €0 . 97 ■ Kahn Preferred 17% Aug 12% 96 ; Hobart class . A'. ■ 14 -25 107% 108 v- 12%: ^. 12% Formica Insulation Gibson Jun 50 96 .-50 Telephone Dow 25 Detroit Stock Nov 17% Jan »- .100 * Cincinnati 24 13 ' _22%„-23% V' -20 - 20 6% 6% 27% 2G% 67% .100 pfd—. High <■ 32% Oct 13% Jan .i. Gas' Cincinnati Gas & Elec ' 15 — '• tow .77'r- .-.9%,.. 9% Burger .Brewing.!.— ■ , 18 . '.v/.! v 24... 24 .. • • Range Sin eaJamiary 1 . .,"33%/. 34% ■ , pfd_. ■ Lowr. aioh . ~20 Machinery. Laundrv American American Products partic Baldwin ' —_J— Sales i ' Wf'ur V y-!w:T''.'.y.x'iVV'/^ViVfjiv- Aircraft common Screw Products new com 1 4 £;?- —'• 2% " y-If****.»"v; • 2% 2%/;', 2'A 2% 1,225 400 6% 4 May Apr, THE COMMERCIAL & FINANCIAL CHRONICLE 2314 • I: OTHER STOCK EXCHANGES RANGE FOE WEEK ENDING NOVEMBER 1 ■ i:'''' STOCKS 1 Friday '/i/ v/r;. '" :•■■ ' Par COMPLETE INVESTMENT FAIRMAN & CO. Low Baldwin Locomotive Works vte— .13 Barnsdall Oil Company-—————__5 BROKERAGE AND Bendix FACILITIES Aviation Corp —" Angeles Stock Exchange Borden Company Borg-Warner -" ALLEN & CO., NEW Wires .W Direct JPrivat# ■, 1 •' - Co———.———25'V Cities TRinity 4121 ANGELES 14 West 7th Street—LOS I Service Columbia : Wjw .9% 26 90c 3% * --. 1 - ■ 1.00 Co——.—, Berkey & Gay Furniture Co —1 -■ Barker Corp common— Bros Barnhart-Morrow Consolidated Basin Oil a%s?vg£r l6* Products Aircraft Co Certain-teed Cessna ifhrvsler — — 25 Corp Corn J 18.%. - »• "■*'■ 2% is 6 Oct: (Del.) Oct Creameries of America, Inc 1 -• Douglas Aircraft Company Inc Dresser Industries 21Mt a74% — Oct J85 17 Oct...; 50c 18 18 13M2 165 a330 Farmers & 12 Ma ,1.60 A330 9%, 12 Ms Television& Radio—* Vernsworth Fitzsimmons Stores class "A"_— 1 12 /2 9J4 ^S2 York Garrett Corporation (The) 2 — common---—10 51% Corp Motors McBcan Oladdine: Develooment Co Hnllv . Co ■■■: Motor Car Pure ,,,,,, 80 1.35^ ?;1.25 1.45 14%i 16% SOMs 30 Mi *16% common———.—6% 75c Corp of America Steel Corp Southern Standard Standard OU Co a37% . 25 /a pet 14% Oct ; .241 a68y8 a21 J/4 &' Texas May May • Co United Manufacturing Co—-.—,.-—I Menasco 950. 1.00 3% 4 57MsC 60c 4 ' 1 60c City Lines Inc. Nordon Corporation, Ltd--—., —-1 Company al4% al5% 14c \ 14c, 16o 10% 9ys 10% 1.55 1.40 1.60 Northrop Aircraft Inc——1 Oceanic Oil Co., 1 Pacific Clay Products * Pacific Gas 4k Flee common—i-—25 ■;: 6% , 13 United U S ' -.———,-25•*Corp common—* 1 1st preferred—— Pacific Lighting -- Oil 77/s 51 75c 14% 1% ^ 6 , Steel • • , 7y2 51 . 52%c v ' 13% 1% Oct Feb Mar Oct Oct 18 45% 45 A .65 ; Woolworth Security Company - Sierra Trading 2Sn • — . Signal Oil & Gas Co A—-————* I — 77Mi .77'/a • 1.00 Oil Sinclair 15lA 13 Corn—— Aircraft Solar Company—; Southern Calif Edisort WLtd 13 — / , — 8% 50c Transamerlca Corporation,.,. a Transcon & Western Air Inc.—5 : Textron Inc •'. Union • Oil of ,>~f v 'vv' ' . 14% " , f Universal Cons Oil Co— ! ? A • - . 21 15 13 3fli% Sep /: 22Ma , ' 75 405 320 514 : ■ 9% 1,380 4 i de Kamp's . 19% 20 (F W) — 21 100 " , Co—lOo ———10c . Black Mammoth Cons Mng Calumet Gold Mines Co_ Gold Mng^Do—- Zenda Gold Mining Co 10 39% Oct 57 50 — Corp. —• — American Viscose Corp^— ^ • 8c 15 "165 . Tr " Mar Oct > American • Tel & Tel———.—100 —— For footnotes see page a • 2319. 23 Oct 38 Sep 41 Mar 67 53 754 17% Oct 508 92 307 ' > f : 19, 22 y8 Oct 51M4 Jan 22 Sep ^ 36% Jan 290 3% Sep 65% Oct- 1,689 19 17 210 -j BBi; 627 -4" w — ' 1% a54% 14 ' — 12% a90 , 13% 14% &49V8 &51% 165 165 ' 1% a54% a54% ' 35% 36% 12 12% 883% ..a90 Sep V 18% Oct 51% 23 Oct 39 Ma Feb Jan 10% Oct 26% Jan : 87 51% Oct «v-. ' 635 265 1,834 3,119 13% 47% 165 1% 51% 35'A , - (50 39% 32Mi 31% 42M4 July Feb Jan ■ 28% Delaware Power & Light Battery Electric Storage General Jtonge 8lnee January! High low 710 . 1,068 26% Oct 165 Ma Oct 28% 165 Ma 170% 18 20% 18 92 83% Jan 10% 12% 1,152 9% Oct 76 Ma 83% 645 76 Ma Oct U Ma 12% 637. 10% Sep • 13% ;—• 20% Gimbel Brothers 42% 52Ms 47% 36% 5 common 21% 40% 10 Motors - Oct Oct * 10% Sep ;\ Oct 6% Oct 140% 26% 55 Ma Oct 37% 36% Oct 1,519 11 M« Oct 388 6 Ma Oct 1% 2 137 5 Ms 5% 17 1% Sep / , 4,035 22% — 28 y$ Jan 2% 41 Ma 257 25% 27% 30% 3,318 30% 118 21% May 27% Oct Scott Co common— Paper common.—. 20 Ma 1,275 ; 284 27 Ma 46% Jan 17% Sep 33% VeS Oct 60 July Sep; Oct- 78% Jun V4% Feb 20%. 200 46 Ma 638 67% 1% 265 1% 9 4% 4% ;i 42 Ma 61% 1% /I 3% 88 1% 1% 1,705 M;-: ir ,* 3% 4 $3 pi-wfarrftd ■' • „ n r : ■ * United Gas Improvement———13 % 45% 46 20% 22% 2,040 Inc Coal 19% 28Ms 19% 28Ms 245 ——10 .-.—20 12Yd Feb18c Feb; 25c Sea 20c 1,093 ; • Jan 14% Feb 'r Jan ■ Oct V ' ■ ' ■ 3% Oct 44 44% 4% Feb 7Ms Jan 7Ma Oct , "18% Oct Jan 56% July 18% Jun 27 65 30% Apr 25% Feb 47 Ma Mar Sep Piitsburgh Slock Exchange Jan 23 Feb 68% Apr 198 Aug 1% Oct 53% Sep 51 Feb 18% May, 119% Jun 33% May 121 Ma May 20% Oct ' United Corp common—— 49 y8 July 307/aMay Feb 117% July 42% f- • 46 18% Tonopah Mining ————————1 Transit Invest Corp common——25 Preferred' —-t———25 Sep 24% Sep 38% Oct 24% Sep Sep 9% Jan 27% Jan 47% Feb 853 118Me 23% 20% ——50 —• ; 67% Reading 5% Oct 3,752 39 Ma Philadelphia Electric Co common—..* $1 preference common———.——* v 4.4% preferred -v——.-100 PhUco Corp common——————3 23 25 Ma ..—50 ,,, 50 Apr; Jun 80Ma Jan 70 May £ 17% Jan 47% Oct 8 Ms Light— Jan 26% Jan : 19% Oct 12% Penna Power & Feb 1 May 26% Jun 40 Ma 6% Pennsylvania RR 24c 1 Oct 85 38% 121 336 3,653 12 Ma 1 ■: 200% 697 y; —* —50 Lehigh Coal & Navigation High 42% May Jun Oct 92 20% B Friday Wkek'a Sales Last 120, 660 B 26% 0 pfd—i— — Penna Salt Manufacturing—,, 17% Feb 33% Jan Oct Sep Nov 581 60% May Sales for Week Sharet Range 1 of Prices T 27% Apr, ,10c May 3,000 . Feb 22% Aug 748 National Pr & Lt ex-distribution——* 28% May 11 Ma Oct Oct 5c 1% Jan 96 Ma : Ms Oct • Securities Corp Co Lehigh Valley RR—— ■« Sep Oct Aug . 7 485 . Week's Last 50 Budd 25% July 14% Jun 13% Oct 5 6c 10c : 119% Apr I6OM4 Apr 205 1.S10 a48Mi a49% 167% 13 Bankers Chrysler Corp Jun 69% Jun ; 59% Aug 14 May Oct .1,000 9c 12c Jan 24 Sep 160% Apr 2,765 290 60 Baldwin Locomotive Works v t e ""V'---/ ^ 435 .6,000 2,000 9c 165 — - Atch T & S F Ry Co———10J ■■ Sep 18% 33% 540 Westmoreland 20c 9c 12c 52% May 49% May 76% May Feb 64% Sep 100 Jun July 26% July .10% Oct 100 8% —20c — . • Aaaccnda Copper Mining Co—-——50 Armour & Co (HI) 5 Corporation 38 225 . 24 Ma Low '• «»<"•»* STOCKS Smelting & Refining Co— Aviation 5% 9c American Tel & Tel Co.————100 Rights 47% Jan , 50; ; 17 Friday American v Amer Bad & Stan San Amer 80 ' 1 —w—25c Unlisted Stocks—.' - — July May 18 Ma ► \ Alaska Juneau Gold Mng ,Co—i.-U—10 Cardinal 40 35 140 :.Vio%-v Aug .""Av'V.V;J/■>.';;/%^ . Mining Stocks— ■. Hy* — Oct Feb 13% Oct 73% 23 — - 20% Jan - 12% Oct 13% Oct 27Ms Oct ,425 15% 13y4 ; Feb 52% Sep 28% May 18% Jan 25% Oct Westmoreland (H D) Bakers lnc—* Western Air Lines Inc.—1 Van 36% Aug 47 46 Ma May 1,105 4 17 " 12% Feb 30 60 v,". 26 68 ~ Sale Prlee 1.80 July 7% Oct ; 4,021 ,^-15% — 25% Sep 33% Sep 52 Oct 20% Feb Pennroad Corp — Sep Oct 42% Feb 1,260 ' — , Oct • -»V , * Oct 30% 29% 37 38% 415 3,441 1,110 10% .-> 9 Ms 21% Jan Jan Jun Sep \ V: 21% 10 1,680 ~ 29% Oct 18%; V19 STOCKS 34% May 49% Apr ' 1 65 Feb ... • ■ 29o Sep 90 July ' 19c Mar ,1,585 25% 5% Oct 150 962 Philadelphia Slock Exchange Jun Feb 10 Oct — 929 160 335 15 1,136 * 12% 14M» " California————25'. -• — . f > United-Rexall Drug Inc 12% 13% 24ya — * 230 250 32 33% a29"% a30% 30 30 ft38J/a &38% 40% 43% 61% 55 8 8% — 5%% 13 5,132 ^ 33%; com—25 preferred class B 25 preferred class C——.-^——25, So Calif Gas 6% preferred "A"-—-25 Southern Pacific Company.———• Btandard Oil Co of Calif Bunray Oil Corp. , ,, — , , „1 6% , 15y4' 1.05 Call!——-1 24 36% 53% - 8c 68 20 24,100 100 a78 1.05 a78 Class "B" -X Signal Petroleum Co \ . 16 M< Jan 36% May 29% July 725 : al8% al97/a Curtis Pub Co common—...———* * * ——-—30. Safeway Stores, Inc Sears Roebuck & Co V a-118y8 al27Va 73% Co Company Jun Jan 11% May 55 - May :1.20.May 20% May 4% May- Oct 6 Union Tel 2.70 Feb . 12 Feb 37%...Octv.y.. 39/a Oct 58 Sep , 505 1,532 — 4 Corp v 15 10% -^p^ : _ 1.25 Apr 200 24 24 Vb 397/s 36% 39% —55 55 18c • 18c 20c 75c / 1 Ryan Aeronautical Company— . 1,650 • 200 1,300 ' v 270. .• 700 common——-* Corp 15 160 , 369 40% Apr 99% May 35 Ma Jan 11 Sep 24% Sep 19% Feb ,90 15% 19% Aug 37c Jan 355 , . (Del.).—,—* Corporation 10% Sep 27% Sep : Oct 14% Oct 2,309 / a88% a93% al9% 16% Sep 13c Sep 9 Sep 210 a39%a39% 59 59 Apr t Jan May 65 428 16 17% 26 • _5 Westlnghouse Elec & Mfg Co—.—12% Willys-Overland Motors Inc—— 590 6,200 v Apr. 189 &57pAa60y« al27% 10 1.75 Apr „8% Jan 97%cJUly 7J/2 51 •* 60c 14 .1% 77/e 1 5 Ms % preferred —————--50 Rice Ranch Oil Company—— -1 Reoublic Petroleum Co common Richfield . 41 Inc Corporation ig .v &92% Warner Bros. Pictures'new 210 3,850 13 41 — Feb 60 Oct 41% Sep ; a33% a33% /, 200 95c Oct 5,386.3% _Sep 5,630 37c Feb > al5% Petroleum Merchants National Lines Air Western /-*. ————1 ' Oil Company. Mascot , 31% al8% a21% / — 226 h Aug 30 ■> ■ f; / i.:.., —..., United Aircraft 2.30 Jun 4 J,to; 42 >•/' a64% a68% - Company—i--———^5 Union Carbide Js Carbon Corp,,——..* Union Pacific RaUroad Co— .100 2PYl *Latt 20 Ms a40% a40% __ Tide Water Assoc Oil ' 15M4 .Sep 1.13" .Feb 24 .Oct 200 Jan 28 .Swift 1.55 Feb 8% Oct 1,995 150 2,500, , ; » 25 Stone & Webster Inc.——^.———* Studebaker Corp : 1 1 Apr Jun 33 50 , Oct 75c 3,176 lOMa 15% .'T5% 1.25 1.65 a21% a23% 220 220 Lane Wells Jun /2 ♦; Una)—: (N J) Feb Jan; 60% May 16 a37% a37% Co Feb 10% Oct a407/8a41% Oil May 29% Oct 415 a24 13% a41% 29 51% 22 Railway Co.—• Sep Feb, 15% 10% B 13% Apr 15 :: Mm-': 25% 28% 18 26 Oct Oct , '•>. a23% 33% 170 a35 13% Apr 12% Oct \ 9% 40 Oct 365 28 25% i Oct 5% 18% Oct 14% Oct 235 6%' B 20% 22 27 5% 29% 10»A 28% Sep 43% a50% a54Va Seaboard Oil Company of Del——* 1.95 Jun Ocfc 400 435 - v : • Jan 35% 34% . 26 a34% a54ys ;• ttocony-Vacuum OH Co 76 100 :^2,600 / ; 85o 8% —10c 75c Corp —.———1 10Ms Co—V : — Lincoln Petroleum Co- . lOo t — Lockheed Aircraft Corp 1, a23% Los. Angeles Investment Co-—-—100; ' — Petroleum Corp- Tntercoast Kaiser-Frazer «• y. Sep a35 . 23% 250 24% 6 32% / 800 29% . 5% May Jan Oct Oct 1,120 • A23 % a23M» 28 2% Jan 100 : 16% 243^ Jun Jan 31% May 35% Apr 10% . 393 aliy8 all% «. ' \ • Republic B 14% a23% • Co Jan 38 55% Oct 276 --- ^ v-,"- alO% all% ■ vj■ 41 13% Mar 30% Sep 300 v 16 all% . Feb 20 :;0;;-32' a41% a45% 16% , „ift « Incorporated Oil 79/4 Feb - Sep 180 81% ,; -—.*—-.-.——-.1 - 150 ..'*.'*v'25 26 55% — * • 1 ■ Co——.T—1—.• 20% Jun Oct 48 20 29% 16 a45% all% Paramount Pictures Inc.... —..1 Pennsylvania Railroad Co———.ou Phelps Dodge Corp 25 "SS lOMs Jan 40 26 * Car Company— Motor Hunt Foods Inc . 2,781; 55% 81% & Co--.-.—bbbb Goodyear Tire & Rubber Co com Hancock Oil Co "A** common^— Hudson al2% al2% B: 48 51% / /. __ 15/2 Jun Jan 8 RR Aviation Inc Standard Brands Inc—— General V; 29% v • / Ohio OU Company— 20% Feb o<?= ^ f Central American Pullman 385 78% May a64Va a67% 33 /* Jan 13 Oct 60c May 330 Oct 220 i: 10% - 6% 48% 19% 48% : ; — North American Apr 51% May - 35% Sep 36 6% • 22% Sep I: a25% a25% 96% Oct 18 300 5,675 2 34% — 48% • v a67Ma Radio „..-4 —1 Merchants Natl Bank—300 ..... Oct 370 16 • North 31 77% Oct 124 13M2 1.50 a330 - 13% V Electrical Products Corp.,., Exeter Oil Co, Ltd class A 16 . 52 Aug 54% May ■ 59% Sep 23% Sep 8% Oct 135 7 New Aug 18% Noy Sep 21 80 a77 —— __ 15% 33% Mar Aug 52% Jan 70 18j/ 1 Montgomery Ward dc Co, inc 136% Apr 76 745 • . International Nickel Co of Canada May s/4 467 .. /' V • Corp Jan • 150 5% • 15% International Tel & Tel Corp May 33 52 * 200 a26% a27% ioy * Packard 118% 22% Consolidated Steel Corp new cpm-r^-* a35Ma a35Ma Kenneeott Copper Corp Libbv, McNeill & Libby 33 Oct 20 rf-^70 11% W&s-zg&iy 5% Interlake «, 5 /4 Sep 50 10'A 1 . MJi Si' 33 75 __ 1 CSraham-Paige" Motors ■ corp Great Northern Ry Co preferred— Iron 20 2,625 — 5 General Electric Co.— ■ Feb " . a32 .w ' 9% Apr Oct 16. 500 Jan " 112% 110 Loew's Inc S% 20 t al9% Electric Bond & Share Cow:'--^—5 Electric Power & Light Corp * r 90% Sep v 31/4 334 al7% al9% 33A l 5 6% Oct .;■«* °ct JS 18% 22/2 u , A ,ss /« 960 Oct 5% Gct 1.510, 78 .17 26 sin 1 3 ; 76 B ,, £ « a30% • Zellerbach Corp Curtiss-Wright Corp -4? * jS Apr 265 9% 93^ al9% a217/a .10 Continental Oil Co . 1.^ 31% 31% - 20 21% 6 ^ *4% - • . S8.88. 31% ♦ -.-100 ——1 1 California Packing Corp common Central Investment Corp—. • *,320 ,200 50% a25 Va 1— Crown 9%' . 26 1.00 Oct Corp. * Corp—a21% Solvents ..— -.11. 30 39 Class A.———— ' ''-'v ^ Biindini Petroleum'Company^ Apr 255 12 : — 1 ,:s Jan 30% 15 Cons Vultee Aircraft Corp Continental Motors Corp _ 38% ;! 85 285 : . High Oct 22% Jan :v-v '760 Commonwealth & Southern Angeles Stock Exchange 12 Low 19 13% Commonwealth Edison Co— STOCKS / . —• ; Electric & 400 a35% a35% a59% a60y8 a22 "A a25 Ma Co Gas Commercial Los — Case J a23 a21% a21% Pacific Railway Co——23 Caterpillar Tractor Co— 2IO a21% v J a47Mi a47y8 a39% a41% — 5 —^ Canadian SCHWABACHER & CO., SAN FRANCISCO \ YORK , Range Since January 1 * 19% a21% —15 Corp .—: Shares .A 30 30 ■■/ a907/a a97% 5 - Corp—.————ii* Boeing Airplane Company—-—-.i 5 Listed—Unlisted Issues Sales for Wedt High -19% - • Bethlehem Steel Member Los Week's . Last:■ '■ Range: of Prices ■■■ Sale Price ' - B/;; Allegheny Ludlum Steel... Arkansas Preferred ———.* ——100 Co for Week of Prices Share* /B-';,/:Par Natural Gas Co common.—* Blaw-Knox Range Sale Price — Columbia Gas ,& Electric.r— Fort Pitt Brewing-——— —„—1 Low i 43% Rang* High 39% 3% . 10% 18 Ma 8% / fl% 8 ! 8 Ma • High 37% Jan 110 60% May 7 Ma Aug 15 ioy4 16 Sine#Januaryi Low 45% 3% 3% Oct 29 / 10Vi Oct 198 •;!' 875', 158 .16 ' - . Oct 8% Oct '7% Mar 11 Jan 31/, Feb 14 Jan 9% Aug [Volume 164 i Number 4539; THE COMMERCIAL & FINANCIAL CHRONICLE EXCHANGES OTHER STOCK FOR WEEK RANGE •:/* STOCKS— Last /v Range; •ale Price * / 227A -,.100 112y2 Harbison Walker Refractories Horne ■ (Joseph) Star Lone uaa Mountain — 1(1 Supaly Fireproof lag ?8,, Pittsburgh Brewing coramon-.i-^..,' Pittsburgh Plate Glass— 10 Pitts Screw & Bolt Corp— 8an Toy MiningSteel Common t v ' W. >J> ,. 20C ——i—1 common .12'A Vanadium Alloys Steel Westing house Air Brake Westingbouse Electric Corp 37 13% Jun Oct 6% Feb Sep Oct 48% Jan 14V» Feb •■;32 % 7Va 15C Sep 60c Oct 24% /.: 57/a Jan "5% Jan 35 Oct 46 Stock Exchange York New Louis St. 28 % May 955 A'A'AAt 28 % May 625 / •1 // Feb / v 29% 31% 300 26% Oct 41% 25% 615 22% Oct 39% Jan Knapp Si. Louis Stock ""'*.,•• ;'/£&' ■ /•/£;' For Inv American ■ Friday v'7-Last Sale Price "v" Brown Shoe 1 5 i common. Brew ,_1 for Week 578 24 15 160 15 22% 21 25 > Jun Noy 35% Feb Oct 24 Feb Oct 26% Aug 41% Jun 31% 15 30% Sep 57 57 15 50 25 25 24% 24% 24% 3 „ ... w common—.—* 30 Mar f' 31% 33 30 32 36% Oct 38% ' 6% _25 Sept 27 5% 1,350 6% Aug Jun Jan 9% Oct Mar 495 19 Sep 28 130 23 Sep 35 % 93 23 Jan 32 July 195 18 Oct 25 July 19 Oct 30 Jun 11% Oct 16% Aug Jan 19% 20 23% 25 30: 30 18 19 20 20 13 566 63 20 20 ; ' Jun '' 11% 12 68 65 100 Jun 33 32 •' Apr 40 Aug 25 25% 18% Jan '31 Jun 17% 19 17 % Oct 19% 35% 34% Sep 49%' May Oct 48'/a Oct 73 % July 1 class A com- Inc. 33 35 % Serv 68 48 St Louis Pub Scruggs-V.-B. common -5 — common———* Sterling Aluminum common— —^ 1 Stix, Baer &>Fuller' com new——5 Wagner Electric common— 1* ■ — 34% Oct Jan 8 30 38 15'A 5% Feb Jun 32 Oct 100 2% > 14' V/ 20 common Securities Inv. Feb Apr 22 3 • 68 -'22% Mar 160 ,44o —100 Lighycommon 46% 20 40 15% com—-—6 CiaiKProd High Low High 46% common Bange Sines January 1 Shares - 15% July 45 25 100 International7; Shoe 25% ioo Low Par //.£;:;// Portland Cement com Missouri Mar 33% Sep . 31% — — —— 105 15 __ common 5 Park Brewing common 10 Hydraulic Pressed Brick common—100 High low ; i/: £ £ll/ 11% 35% 24 — Hyde Preferred High' 11% 24 —• common.. Huttig 8 & D Bange Sines January l Shares ■ Gas Steel Bales Week's Rsnge of Prices --/,7/ McQuay-Norrls common r——25 .. 25 Meyer Blanke common—1 J Midwest Piping & Supply common * for Week 22% Coca-Cola Bottling common—— Falstaff Brewing common— ♦General Shoe common—. Griesedieck-West Laclede Laclede Sales > Monarch liaciwue-ciiristy 34% : 15 —— Columbia Brewing Exchange Week's Range pi Prices Low -1 common fig • ; Friday 8TOCK8 k''b:,A r' /;■;/•/ •/-;,//:: A at Eel1 Teletype SL 69 /. Last ,/ tsoo tiaii Trade Bale Price STOCKS • Jun 22% . :rwn^l .•;,/;' Chicago Stock Exch. Chicago Board of New York Curb Exchange Associate Jan A:'A: v7/ /' /;//,••> ■.,/- ; Exchange Stock • ; 1871 Established 4th St., St. Louis 2, Missouri 300 North Jan 12 31% 1 Edward D. Jones & Co. 17% Aug Jan 4 :v 110 10% //•/. July Jan 6% 25% • 12% com 12% 22 Jan 15% . 40- 10 ... 112 'A Mar 4Q0 ; 12% — „• — 13% 35 —1 c 34% May 20 20C 13% 13% and Unlisted Securities St. Louis Listed Hign Sep 112'A Mar 184. ■;/•/. « Low 20% 10% 1,269 f//■ 280 ■ 37% 7% Bange sine* Jan as#* i * • J\ ; ;•/ 1,175 4% ;35 1 - 18% ;8 4% ' .77/' 200 .//£• 140 .1 15 .-a 7% . 90 7 18% 1 Springs United States Glass • 22% 14% ; — —* — Standard o' .. 112% 112% l47/a • Corp Shares High 20% /V'7/;' _lu . Fuel National Pld for Week , of Prices Low ENDING NOVEMBER 1 Unlisted- Jan 52% Jan General Electric common. 50 Oct Jan General common. Motors Jun CANADIAN LISTED MARKETS RANGE FOR WEEK ENDING NOVEMBER 1 8 TOOKS Montreal Stock v Par Week's * v - ; v $2.50 preferred Acadia-Atlantic Sugar class A—. Algoma Steel common—. Preferred J Aluminium Ltd Argus Corp * .> Warrants';— • ^ 1 '• 1 ; -> prefeerred——100 ' • » . 1 \\, <■ Batburst Power dc Paper class A~. • Bell Telephone.T ^ ..TinQ Rights —... Brazilian: Trac Light ^ British Amer Bank British Columbia 491 . 7% 1.50 16 100 130 30ft ■ 27% /. 735 1.50 Note 42 1% Co 100 94 Sep 1,410 23 Sep . Oct Sep 21% Oct 27 1. 3 35 2% Sep 23% 14% —5 •International/Utilities1 Sep 106 25 — . ' — - . ' 7 38 12 Va Oct 17% Jan 13 % Oct 15% Feb Sep 38% Aug 10 Feb 26 165 7% ; 31% 46% 29% Aug 7 13% 14% 11% 11% "■"* Feb 59 Apr 27% Jan 5,811 11% HO 25 34 21 — 28% 815 , ■■ 21 19% 20 ; * 14% 15% 23 % 2,310 15 Canaan ——_——_100r Cement $1.30 preferred Canada Northern Power Canada 5 % Steamship preferred _ _T1 . * 45 45 12% 19 18% * 58 40 July 13 31 31 31 i4 Sep 15% i5V* 16 14 147/e 25 24 25 17% ,f 14 • 13 14 12% 12% 13% 12% 78% 82% 44% 44% 12 Va ' Cos__ 25 • Consolidated Mlnlne Crown .Cork & Smelting Aj. 12% 8 Cockshutt Plow 82% Seal Co_^ / v : 53 Oct ■ %'K: 49 July 17% — National Sep 22% Sep 35% Jan 24% Feb Oct 19 /• Apr Oct 102% Jun 44% Oct / Page-Hersey Tubes Penmans Ltd Powell r*M-' iy.:y .y/,,'>•. " Davis Leather Co Ltd class A Class B Distillers Seagrams old Dairies common 19% • "m 1 Dominion Steel & Coal class B • - Donohue conv Brothers July 31 13% Mar 10 Oct • ''•/.' 27% 40 Oct 38 37 Oct 15% 13 157/a 25 / ,';.i / 25 25%" 54 ; P . 181 25% 90 21% : 25% 25'/a 94 -"7. 90 16 181 181/,; 104 21 21 15 16% - 26 May May Jaii ,120 V184 % Aug 107 Feb ' Jun 19% Oct"', ; A Preferred St Lawrence Electrolux Enamel & Famous Corporation Heating Products.— Players Foundation Gatineau 5 % 20 Canad Co of Canada. Power 5%%. common—. 1 For preferred footnotes page ; 10 18\ 10 ^ 17% 18 25 25% _• 100 2319. , , >18 335 • *# * 100 ; see 16 1 21 • Corp preferred 20% 18 "20 Sep 650 / 15 Oct 350 10 Mai- 1,240 -7/15 Mar 275 25 Sep v V Williams 3herwin 22 16 7 Sicks' — Breweries new v t c— 7 / Southern Canada Jan / Standard Chemicals 370 14% Jan 20 Mav 109% 109% 60 i05ya Jan 111 Feb 110% 110% 10 110 Jan 111 Feb 29% 20% 68 —; 13 . ■ / Preferred Tooke Brothers Tuckett Tobacco common / — 19% 65 8 660 30 565 20% 28 170 * ; *13% ' 5 Apr 9% Mar , 39 41 Mar Feb 165 Feb ; 150 83 113 July Jttn 7 Jun Sep <: Apr 34 10 106 Jan Sep 6 24% 325 ■;7 34 ; 28 315 28 160 Mar 105 13% 28 18'A ?•. h " 6-' , 16 -9 16 >9% 220 77 55 1,570 16 I, May 14% May July £ 12 19% Oct v;7l7 ?'• Oct 13% Sep Jan 33 7 25 ,, 7,16 T t7 : Apr Jan Sep 16 7 Sep f 92% Jun 83 Sep 317 Jan Jan / Jan 73 7 : Jun 185 July 12 1,210 14 33% 17% ; 38% Mav, Oct 112 " 7 9% ,''i 26% Mar Sep 20 1,772 21 170 28 //:. 7 78 103% . 5" I4 25 Apr 26 106 19% 26 7 / Apr 102 Va July 389 162 — Jan 73 Va 1,685 2,410 106 Va •/. I8 Apr 17 Va 460 • 9 /• .— " .37; f preferred————100,7/ .-f-V 77 79 •84 84 36 37 182 182 — United Steel Corp 36 16 162 • * Apr ;,/ 81 101 28 — * * common Feb 20 15% 104 — Apr 34% 40 56% /; 34 • * May 205 162 -— Feb 83 103% 20 31 106'% * 100 26 t 31 72% Apr Apr 35 100 30 101 — • 7 common Power Steel Co of Canada 7 . 30 V* 945 ,7 106 * com 7—-. Southam Press Co— May Feb Jan 11 8 pfd—100 Canada Common 22% July 34 ,72 53 Power———21 of Preferred Apr -22% Aug 2,729 25 —100 —— Paper Mills 6% Simon H & Sons common Eddy Paper conv class A 51 26 ——50 preferred Bhawinigan Water & Aug 24 / May , 893 19 common—1_" St Lawrence Flour Mills common :: 7 Vj ' Jun '20% ,13 / Jan •«. "165 ;;102 May 28% May 32% Feb >'■ Jan Lawrence Corporation 4% 23 23 31 30 -100 ,106 preferred— Power Saguenay Oct 7/:125 72% - — Regent Knitting common————* Preferred, ———— 25 6i 14% 14% 30 / —j * Feb 51% July Jun Sep ^ 24% Jun;, 104 ^ _• 25 , 37% ,,' 41 y2 12% Mar - Jun Sep 30 407/a 37 ■ .Quebec Power—'— Jan 23 *■!/<■• 14'-, May 30 : 25 : 45 % Sep 1 40 ■ 40 —/ Dryden Paper .30 10 Vs > pfd—100 — Oct . 16% ' 100 4%% Paper 17% 197/e 33 * Preferred Donnacona Feb 38 100 Dominion Tactile common! ;16 10% '% Dominion Tar & Chemical common—.* Preferred Sep 15% _* 25 Dominion Stores Ltd Jan 11 31% __ _100 — 17% 29% 11% ; "Jun 25 102% 102 % . 33% Jun 31 33 100 — Preferred 30% /II { 16% 25 ■_„* common..-.-. Dominion Foundries & Steel com— Dominion Glass y'll% —* common 31 * Dominion Bridge Dominion Coal preferred Dominion • : ; 131 Feb 52 23% . 52»/a Aug t , 20% River • 56 679 46% 28% ;Co-.-—..^-.«——•:./■•; /!!'/.// Power Corp of Canada —..—* 13 Price Bros & Co Ltd common * 56 V2 5% preferred -————,—.—100 / —' Provincial Transport ^ —f / ; ; ' £ 52 % May ; 45% — ——* common; 83 160 68 ——.—_—.* - 34 14 -- —* Light Heat & Power pfd—100 Ottawa Jan A. 77 = 7/17% 50% Mav 25 Electric Rys_——-— Ottawa May 46 , . July 25% Feb 1,490 22 , 29% Ogllvie Flour Mills common—.. ,t„ Ontario Steel Products common——• Jan 42 300 4,030 23 14 23% Drug preferred Wire ^Weaving——,—25 Noranda Mines Ltd——————.* 51 Apr 26% May 25 ya JSay 7 18 45% Niagara Jun 41% 20'A 33 Steel Ga*? Corp n ational Jun 7715'77:.-Jun- 16% Breweries common—46 National , : v/37% 50% . July, .'"155V Oct 32 .35$$ 14 Railway / Nov 150 35 B Locomotive 14' 5% Jan 35 - Aug ' . 150% 150% 1 78 44 % Mav - Apr ; 70 30 41V* —40 *-100 — /' 33 34 13% 1 19% 41% 20% 18 Power Cons—• /Telegraph Montreal Tramways / 22% May Sep 41% 13 ,31 . .;/ Montreal , 150 34 22 34 Works——..—• ' Locomotive 330 13 Vz 22% —_100 —.—100 common 21 Apr 26% Mav 2,440 22% Jan 12 25 6% 16 21 20% — —* Preferred Montreal 1 —! Ind Alcohol common—• Oils Oct 60% 41 Canadian; Fairbanks preferred—100 Foreign'investment— _* Canadian Sep 58 60% Canadian Canadian Pacific Sep July 105; 14 .18% T.'—' v, common^*-^- Cottons Montreal /. .Jun 29% Aug 53% Apr 110 May v 20% Jan 20 Ya Mar 25% ;; 107 13% 1% preferred .———25 Canadian Converters class B _^100 Canadian 24% 45 107 ■ Class ■ 45 Canadian Celanese common—.—,.—* ;• ; 25 % * — 53 • 6% 15% 15% Breweries Moieon's 7 — —1* * — Montreal Light Heat & 100 ————i_— Oct Oct * com — Mitchell (Robert) Feb 14 — McColl-Frontenac Oil 14% May 22% Jan 47 Canadian Car & Foundry common—" Class A ; j..: O.tl Canadian 29% Oct • Canadian Bronze common—. Canadian Cottons Sep sq . Canadian Breweries common Preferred Sep 9% 14% • — — Massey-Harris 3iy* Oct 30 24% — Structural Steel MacKinnon Sep Jun __ Corp—.—* common . 25% 25% * : 77 . 14% Jan 18% 100 — Canada Forgings class A Jan 60 — common^—— Feb £16% Aug ' Calgary Power Api 7: 37'A Apr A 24% May : .10' , -3 Apr \140 •/////; so 25 32 18% May //■7/7"5;;:-7 140 140 May .7 47 3,231 7,878/ 143/a Jan 106 7 40 155 38 29 32% May 20 42% 140 Sep 50 8% Mav 30% •; Apr 7 54 ; Sep 4 Jan 46'A • Lewis Brothers Oct Feb 106 37 " Lang & Sons Ltd John A— 24% Feb 30 Corp.—.——5 Laura- Secord-. Jun 35 30 26 Jamaica Pub Serv C6 Ltd preferred_10Q 29% July f 575 • Lake, of the Woods common. / 11,676 7 853 7/ 8 £ • a>m_ Ltd Co 14 y4 , Labatt '(John; , May 5V8 May - Jan Petroleum 13'A , 15 Canada Paper common International 13 /13% ' .—25 of 35 ' • common Preferred International Nickel 52 27 Jun 12% ! Sep 26 103 625 .,,87 —100 —* International 5ys May / - Jan 19% May / • Preferred International Bronze 285, 52 37 y* 52 7»A Apr 20% Feb 56 ; s Aug 18 V* Sep 13 13% « Indtfiitrial Acceptance Oorp com— 7% Sep 30% Jan -29% Apr 2% Sep 3 % 28 Imperial Oil Ltd— 6%> , 37 7 Imperial Tobacco of Canada common_5 / Preferred I £1 / 383 7fe/, Sep 36% ^v ; Sep 12 Va //; High • '// Sep 53 % July 325 7 26 26% ——100 —— - Hudson Bay Mining & Smelting——.*. Apr , Preferred ,?■ 14% > 7 15 ¥2 . 40 55 14 / " Bridge; —!. —* Howard Smith Paper common—.—.* 120 16% 55 Hamilton Jun 20% 23 • 24 216 Sep ;; 16 %• 16y2 14 % Jan 4% • Bruck 611k .Mills— 35 Oct, 18% 170 * Building Products a Bulolo Gold Dredging— . Sep 94 20% Forest Products—* : Jan 27 177 Power—.—• British Columbia Power-Corp A May : 94 — & ■< 26% July 6% Sep 275 Jun Apr Apr Jan 26 Feb 103 V Jan 227 MaJ 27% Sep 12 Feb 3% Feb; 102 Apr / ,* General Steel Wares common Low 3'/a 625 4% 1 Range ^Since January High 3%: 4 1927-——50 Gypsum/ Mm® & 'Alabastine———1• 22% 21% 40 ^24 , Sep 25 —; »'t 'C-i Ai 50 ' 180Va 7 - 25 27 27 "A/".!^ . . 17 10,998 175 175 27% 7% "... ■ ■ 20% 101% 101 % pfd„25 common. 4% % convertible Asbestos Corp ^-— 19% 37 16% » • m 17% 20% 2014 Mar 15% Sep 35 July 19% Sep 14 €.037 37 19 20 ■' Aluminum Co of Canada 4%% 17% Shares Low ——~—.* Goodyear Tire pfd Inc / , 16% 17% —100 — Range ///.for Week'.;v.^i;^:.;-".^.: Shares /:/ Banc* Since January l High LowHigh Low AbltibI Fewer & Paper com........;.: i' $1.50 preferred General Bakeries of Prices Salo Price Par for Week ■. Sales' .7' 7///////- WiAkA:A;:'^AAA^,y ■ Friday ; Range of Prices :/ Lazt. 8ale Frioo Canadian • . . Sales Week's Friday Exohange * ,.:/ 9% P 9% 9% • 233 ©750; 224 .! 15 2,045 165 8% Jan 94 % May 7" 44 Apr 182 Apr 13% Fee :,/ . THE COMMERCIAL & CANADIAN : STOCKS - Last •/, • ." • ] Wabasso Cotton Walker Gooderham & Worts Weston (George) Wilsils Ltd af Prices LOW Par * 80 29% 77 Low 28% 7 30 74% Jany g9 28% 25 Oct 31% 2,145 May Oct 26 26% 175 24 Oct 36% May Arno 23 565 22 Oct 27 Apr Astoria 21% May Aubelle "•> 14 12 V* .14 10O 1,372 ' 1 100 10% Sep 10 v 104 J&u 95 Mines Limited 6% preferred '7 ——* 36 25 common 28 38 155 Jan 34 Ltd™ 23C /«4 %c , 23c 4%C • '.y )'■!, <77777 .,/• 28 : 4yac • . Il3/4c Jan 87c Feb 4,000 1,000 47c 43,900 47c Nov 34c May 9c 10c / 450 57c 9%C lie 3,500 33,100 1 w ?. 3,000 —10 .7 ; Cartier-Malartic 20 20 7-: 495 16% Jan 21% 21% 22%./': 1,230 193/4 jan 22% Feb 24 July Central .10 24% 24 24% 1,097 21% Jan 273/s 10 35% *35 35% Royal 10 23 Mines Ltd Mines Ltd Central Nova Scotia Gold Cadillac Gold 20 —10 ~ 7 22% 360 23 20 Patricia Gold Centremaque' Gold 25% July Jan Century Mines TL 1 * li * ^22c 2.00 / 1,000 6y2c 23c 7 20'Ac Oct 240 7,000 93/4C Oct 30c Jan 27c 7,100 22c July 43c Feb 16c 19c 24,500 10C July 28c Apr 1 17c 20c 21,000 15c Oct 45c Aug 32c 33c 1,500 26C Aug 50 50 1949 50 $54,000 403/4 Feb 19 19 100 18 Sep 32 Feb 20c Aug 55c Apr Mining Mines Gold Ltd 7 22c 25c 1,500 1.50 1.50 3,05 / 3.20 Mines Sullivan Elder Mines Mines 77; Canadian Fonda Friday: Last Sale Price gales Shares High 8% 8Vi. Acme Glove Wo'rks„_—% Belding-Corticelli & Ltd Distil' of 21>% 26% 6V2 1S%'-^ Packers A 5 71 1 10% 10% 22 22% ' cumulative Ltd 20% : : Linoieum <» Co. Lta Grain Fleet Ford Co Mfg and 30c Foreign Pow Sec 30c 18c »4% Oct; 25o 1.50 Oct Feb 23 - 90C Jan 2.22 May 1.70 July 3.85 Jan pfd Gold cum red Companies—* 1.50 25 Jan 3 90 2% Feb 38 Sep Jan 33 Lake St John Power & Paper_ 15 July 24 Villbona Gold 10 20 May Melchers Minnesota Mtl L„— & Ltd Moore • y*\ 7 i' y'v 'V-yV .. Oil' gtoek* 16 Oil • 40 Windsor Hotel Ltd— Manufacturing Co.* Company - 60 500 60- 6c 14% 8,000 335 10 /; July 25% Sep 35 300 2,935 14 10 19 21 ——~ 113 29 Jan 11% Jan 50 .9 ' Arjon July Sep 54c 54c 16 99 , — Jun 50 125 30 17 7 ,, Ashdown 31,% 233 26 Sep 43. May W 8 2ft 8 Jan 8 Jan 30o Feb Athona * , .^3,.95,.,ja v1.95, Jan Oct ''i 95c V " 7 41c Oct 7 120 120 22 2fic 27o 2,829 13% 13% 24 12% Mar 15 16% 16% 25 14 Jan 23 May May1 f- -. 200 30 May 31 Sep 40 30 Feb 31% 330 10 Jan 36% July Jan 115 25o 7; Jan May 132 30C Jun Jan i/M: Feb — *- —*1 1 * Bagamac Mines — — Bankfield Consolidated Mines 13% 13% 62 11 513/4 513/4 15 39% Jan 13% Oct 56 July Bathurst Power class A Class "B" 19,140. 6.6c 1 r 4.10 4.4.5 •11 100 5% 7,5% - 18%c . * —4— 77 24C 1 15c 24% 35 —10 "7 35 8V2c 8,600. 15C 23% • • 3,000 ' 7' 10c 20% 5% 5 y4 Oct Jan Apr 1.55 Feb 7,25 Feb 12 V, Aug 58c Feb Jan Apr July Feb * 38 July *. Sep * ". 1.02 24c Jan 7%c Jun 4 10% 40 32% 18 Apr ' 32%, Oct 10 Apr Feb 27 21% 20 18 6l/2 Aug 15%c July. 12c July 465 5,300 — " U '» Oct 135 36% 20 . 490 36 •5% 50 lV .—Ofit , Jan 50c 55c Oc% July } 46c July 3.80 July"/: 2,550 11 —• — Base Metals > _* 82C ,38C :80c Uo Jan 1.7ft Apr 87c . 36c *-10 Scotia Nova ■ 7 16c ;' 55c 62c 10,%.- Oct : -, 4,000 83,800 10 Montreal—— Toronto of L 15c f Oct 5.5 20c July 1 44C 44c t Class "B" Bank of 10%. 10V4 < . Bank 18,300 .7/7760 • Mar July 7 12% Mar'-,. - 50,950 29c Apr 3% Feb >' 68c /'? 16c 7:17C Mines Aumaque Odd Mines— Mines —.—-— Auto Fabrics class A of 20C, Jan 102 77 16c / 235' 15% ,.X7c :'5,2«c^77/25c; '712 Oct Oct" 22c 35,700 Mar Jan 2i%.c Feb Oct.. 1.00 Sep 21,700 23c 7 85c Oct 93 100 80,050 Ifpc:: .1 777'. 135.7 22c -' 28c *-10 —1 —— ... 82c,193c new— Yellowknife Aubelle Mines Ltd Bank ,v: 9C. 875, .7 93 ftOoian Oct 500 2$V2c tt ■■■ —— *. Atlas Aunor- Gold 128c ■Hoc class A_n2— Hardware Atlas Steel 50 '' — J 60 50c • 2,000 7 10c i 7e 3,500 7c Mines— Mines Feb Fe 2.40 Al 2.40 Aug 38%c Ap 38%c: Apr ; 1.36 Jan 1.36 Ja Ft 7 13 /Feb July July / 50c" .**-— Astoria Quebec Mines 10ft Jan Ja Apr A{ ; /90c Sep 8.00 JU1V . 74,700 9c : Oct 14% Aug 1083/4 Sep 11 Jan Jun Ju May 230 CMa 27% Aug Au : 13V2C Oct 8,100; 1,085. 2,900 — 1.50 Mining July/ Jul Aug Au 26 26 26% Sep 1.00 July 200, — — 129% 8,300 i Gold Jun Ju: Apr. Af Jan Ja: 103 103 Aug f 10,043. conv Armistice Gold 1 ; 3,3-/ •22 19c *— Ltd< common——— preference— Argus Corp Arntfield 21 25c '1,040 —- 12 *< Oct — Area Mar 4%% ; Sep 1.05 Oct 10c * 10 Warrants v' 103 80 11,600 11,600500 500 — Aquarius Porcupine Jan 31 10c Ansley * i Apex Consolidated Resources- Sep 31 . 1.23 10C Sep 19% Sep 5 6'/a Oct 14% Sep 16Sep 18 * 1.05 15 310 Anglo Canadian Oil- *66 ■. 105'/a 105% Laraer Mines—— Anglo-Huronlan 10 31 __ 1/15 JIOC 22% 21 21 24 24 107 1.85 1.85 Mar ' Anglo-Rouyn Mines 10 •'/''/ 't -• -1 -1 ,— Yellowknife 10 40o ■ Ltd common—-—. 7, 68 20 17% I6V4 . 16,000 -— Consolidated Pacific 21% 112 14 260, 260 29% 18% High low 18 common-. -• 1013/4 July' 400 9%: iv,'2 20% * 31 Bangs Sines Jannary 1 Shares High low £19 20 -»v: for Week for Week Bangs of Prices 20% —30. 40c ? Sales Sales Week's -• Amalgamated Jan 13 ,* Exchange 20 Sugar Aluminum of Can pref Feb 34 ' '.} 6.45 Feb 800 3,640 5,445 5,445 Aluminium 11% Sep 100 14% '18 JV 10c ' • 800 2.50 , Limited— Gold Mines Steel common /-Preferred U 14% Feb 105 7% " Woods J-'/ i A>.Vn 80C Algoma Oct 525 100 :8 Mar Algei 16% Jab 29% 14% Sangamo Co Ltd——* -*;V Southern Canada Power 6% pfd—lOflj Southmount Invest. Go. Ltd.*—— Standard Clay Products— 1,00 Thrift Stores Ltd common/.*. —* 32c 3.50 2.45 — 'ar 28% 31 Aug 3.10 Oct 120- 10c 3.50 v-' Toronto Stock American Quebeo Pulp & Paper 1% red pfd—100 Quebec Tel and Power Corp A -* United Corporations class "A" United Distiller* of Canada Ltd r-c ;. Akaltcho 225 Corp Ltd '-A"—— % ^ Homestead Oil & Gas- Ltd— Alberta 51 13 Orange Crush common •*. Pauls Service Stores —■ —•, Power Corp of Can 9% 1st, pfd*—100/ Purity Flour Mills Co Ltd—,——__10 Amusement "'f Acadia-Atlantic 100 80 Mount Royal United •/» Abltibi Power Sc Paper new com. $1.50 preferred 60 ___*■ Hotel Co Ltd-* Mount Royal Rice Mills Jan . 50 ■ -r-— 42c - 475 common——* J™-| Corporation Ltd—— 9%c Oct Last 50 common 1.52 July 3,000 21,000 150 Sale Pries 2,180 - Refrig «te Storage Ltd 1st preferred 2nd preferred /•/ Mines Wright Hargreaves Mines Ltd Friday 125 5 Jan 3.50 Feb 4,020 12c Jun 335 29% -10 Aug- 1.49 Jan 42c 2r4ft 105- 59 Paper Co Aug Canadian Fund* 575 26 v——™* Ontario July 13c 36c Aug 64c 50O 2.15 75 • Distilleries Preferred 10c 9,351 711c 1,000 50% * 4,600 15c 37% May 12 Massey-Harris Co Ltd 5% pfd IOO McColl-Frontenac Oil 4% new pfd—100 24b 740 15c Mines Ltd—— Oct 18% MacLaren Power tic Paper Co Maple Leaf Milling Co Ltd 19c Jun 10,615 * Lowney Co Ltd Jan 1.45 Jan Sep 19 V2 223/4 Journal Publishing Co of Ottawa Ltd_* ■i- Sep 3.65 55c 1,950 Jun 19% 10 ^ 60c Jan Nov 1.07 1,608 - 68 %c t. V Sullivan Cons Mines Ltd Preferred pfd Oct 6O0 Gaspe Oil Ventures 13% Jan 3% Vi ; Halifax Insurance Company™ Hubbard Felt class "A" Jan 2.05 — Home Oil Co Ltd 100 i 49 • A;,preferred. Jan,: 38c 28c 250 pfd_100 Ireat Lakes Paper common.— 23c 55C Gold Mines Standard Apr 310 25 • Oct July 1.95 1944 Ltd—-— Mines Btadacona ' Apr 45 40 43% * Jan 10c 15c 64% May 21% • 37c 10c . *_ Ltd— Mines 23 Nov 19% 48 12 %C July j_™-***_*-—— 20 1.25 Sep Feb 6.95 Feb Oct 19c Ltd Mines' Shernu-Goraon Feb 15% 41 1213/4 1213/4 A Mines Jah 46c Aug 3.90 18%c Blscoe Gold Mines Ltd Boma-Duvernay Gold • Oct Mines—— 2.80 8C lie 4.00 C Gold Mines Ltd™ Feb 29 • class 8J/2 30c Mines Lta. Mines of B Santiago v , 6% Jan 6% Sep 43 100 Ltd™: Canada 77 Goiq Caaailic 1.20 Aug 1.30 Porcupine Mines Ltd**—« Gold Rochette Jan 28 28 ya • Jan 1.76 May 1.09 *4—- ' Apr " 14% 1 7.50 Sep Pitt . Jan 23 40 __ 3.30 Aug 2.50 July 1.00 Pamour Aug 16 7 2.00 Oct J- 5 Aug 25 14 21% 2.95 Oct Lit,a—, Dredging .15% Jan 400 Jan 4.25 Sep Normetal Mining Corp Ltd Jun 4% Oct 12 13,449 43c Apr Jun 3.80 May n 4'/4 43 Va Mar 15 180 , Mines Cons Red* Crest Gold 174 ' "2.00 Oct • Jun 1.00 July Macassa Mines Ltd———— Nechi 5%i Jan ■ 23,% 41 ——B red cum 6% Jan '10 ,300 200 18% 28 • Aircraft of Apr -7ft 2% Sep 50 • Candy 6%% Motor Co Fraser 10,350 285 * Aircraft- Ltd—— Farffier Fanny 98 7 > 19c Mines May 7 1957 32% Feb 25 4% 41 East Kootenay Power- 7: preferred 100 Eastern Steel Products Ltd---—-l Fed 60 7 23% * Corp WoollensL— Donnacona Paper Co Ltd Falrchild 30 * : Jan July Macdonala May 719% Apr Mar 2% Sep 1.75 Jan ' Square Aug 44 Oct 62 535 9c 2.24 Feb July 12c Royalite Frere', Limitee "A" * Dominion Engineering Works Ltd——* 46c Lingman Lake Gold Mines Ltd Lingside Gold Mines Pioneer 125 1.40 & OUclotft 63 Sep 100, , 1.15 Feb Oct 3%C Aug — 42c pandora 1,200 17% Aircraft Corp Ltd———* Ltd. 26% Feb 1.41 Feb Feb 4% 18% 100 Mines Ltd Oct Aug 35c 18C • 19% Feb 65c Apr Sep July 4% 2.50/ 37C Aug Westville Preferred 10% 35c : 50c 84c 25 : 2.00 35C . 50c 10% Jan 1.15 Apr Jun 44c 50c 13% 18 1,400 15.%'"r 4% 4% 37c Feb 113% May 21M 178 7 Jan 20% 15% 2.00 Consolidated Div Sec class "A"„_——* Dom 22 3 3% 5 35o 15C 16 %C i. Ltd Mines Rowan 14% Sep . Mar 2.05 Jan 75c O'Brien Gold Mines Ltd 7. . 1.45 Apr -: 13,450 750- Lake Shore- Mines Ltd Lake 1ft 31" 3 • common Consolidated Paper Corp Ltd— Dominion 25 145 35c Ltd™. Collieries J-M Consolidated Gold 230 - 2.00 1405/8 -I Mines Johet-'Kvv.bec ' 30 —.15 Mines Mines 32ft / 3 %7 ;i 2.00 ~~ a Preferred Dominion Oct 7/ 2% ———* Commercial Alcohols Ltd David 13 60 >"•/: 5 % % ; preferred ■' ——" Claude Noen General Advert Ltd com_* Cub Jun 75 13% 60 common.—* A 55 Jan 187 3% Jan Jan Sep 29% NOV 187 preferred. Cinzano Ltd class Sep 38 22 Lumoer Co__ Products 21/ 109 20 ;—*—100 Western 8% Mar 807 mm 757/; 15 Vz Company^————.1', 49c 58c Hollinger Consolidated uold. Rand Gold—* July 17% Jun 8 Apr 104 - Apr 11% May Sep: 50 22 Canadian Marconi Canadian Pow & Paper Inv common.* Canadian Vickers Ltd common -* Food 67% 150 197/s Canadian IngersoL Rand Co Ltd—— 600 Hudson Oct , 11 13% Octr 38 —100 preferred Oct 58 15% common 17c 60c Hillcrest 28% Jan >4%: Sep::?; 205 . 6% 111 • Investments Ltd—• Oct 17c Louvicourt Goldfields 13%. *™ - 38 Dredge & Dock Co Ltd—** 61c 666 Goldora Apr July 21 - Sep- 58 * General - 12% Jan 110 pfd—106 ™_ Canadian preferred, 17 475 Canadian Industries 168 Jan 25 7,959 70 * - Jan 13 48 "4% Canada Vinegars Ltd_ 5% 15y2 '. 5 - 12,000 Jack Lake Mines— 71 Sugar.—————* class 128 140 70 13'ya 42C Goklbeam Jun Jun 8 1,461 1 Canada Malting Co Ltd——" Canada Northern Power 7% 12 Mar 10 26Vi 100 Butterfly Hosiery Catelli 350 * 6% ——————-—* Canadian 6 17 *86c Mines— Goldvue 5 21% *, 26V2 common Dominion Sep 10030 Qc&, 450 160 1,500 16,000 : High 8 10 6% 16 16 ; * Preferred & 6 160 v comm.on—;—. British American Oil Co Ltd-*— British Columbia Packers class B Company Low 248, 108.40108t40, 6% 100 common Vancouver Ltd—5 Bright. & Co Ltd (T G) Class A 108.40 *77 Gold Feb 1.36 Sep 13C Formaque Gold Mines Ltd™ Found-Lake Gold—,— Range Sines January 1 V ^7!37"77 V.;'7 /7":7 7 Bathurst Power & Paper class B Sol 5 4,700 1.20 11c Eon tan a Mines (1945) Ltd*- for Week of Prices low Aluminium Ltd, 6 %■ pfd--*——.100 El Week'* Range - : 3.60 Mar 1.06 —.— Ltd— Mines Fen 37c new Eldridge Gold STOCKS 70C 500 East 7% Feb 22c 25c EaSt Malartic Mines Limited. 7%. 2.95 5 Mines Duvay Canadian Jan 60l/2c Mar 1.92 July 100 Cournor Dome Canada 13c Oct 33,650 7c ■ 2.00 .. Cortez Exploration Montreal Lt Heat & Power 3s due Canada Jan X Mines Ltd Mining Corp Ltd Cheskirk Brown V 30c 9%c Oct 1 393/4 Apr 33% Sep 2,882 7c 22C 1 v Apr Bonds— Brewers 2.53 ;i,77 Commerce Montreal Mines Ltd- . 1.00 Apr 410 43c 45c 1 Gold base Beaulieu Yellowknife Jan 700 j. 52c 41c -- 1 — Kea .Beatrice 27 Va July /:7,:45; High... 500 18c 18 %C Ltd Mines Ore 7 Bonville Gold Mines Ltd—*——*_— I Banks r. low 7; , 23c Quebec Mines Ltd. Apr Band' Zellers 1' Alger Gold Mines Ltd 22% ,—100 Bangs Sines January 1 High Mining Stacks 26 % —-—• Shares Low 22% common for Week sf Prices High -* Preferred Bangs Sale Pries Range Since January 1 Shares 80 gales Week's Friday Last High 80 • STOCKS ———* —— Winnipeg Eiectrio * new com ' : ENDING NOVEMBER 1 for Week Range gala Prioa LISTED MARKETS RANGE FOR WEEK galea tveei's rritiay Monday, November 4, 1946 FINANCIAL' CHRONICLE Sep.. 28C ADr 24 Jan 7 % May • Number 4539 Volume'154 CANADIAN LISTED MARKETS m Par Bear Exploration & Radium Low 65c 58c 44c 42c — Bertram &• Sons class A 313,200 174 .in 25,470 8.50 350 loo if. 19 1,700 4%Hi4% 200 177 1 ——-1 — 58c 95c •-* 19 . Class B ■ ' Bevcourt Gold 1 Bldgood Kirkland Gold Blltmore Hats 80c —1 13 Preiei red ; ——.—■ —* Blue Ribbon common—————* 1 uoojo Mines Lia Bonetal Gold Mines Bonville 190; 12%. 4 21% ; 12% 15c 33c :> 10c IOC/ 12c Mines, Ltd———-—-.———* Cordage pfd—— -25 British Lake Class, B Packers class A British Columbia Power class A Class B : Britisn Dominion oil-— 10c Oct 30c Jan El Sol 10c July % Aug 27 30% 13% Mar 16% Jun v 25c 1,612 26q Sep 15c 31,350 26% 3%c 15% 28 ——• 3% 14c 1.43 1.35 4.00 20c 1 Oct 55c 72c 27,200 95o 15c 15c 4,000 15,100 11 29 Jun : 97c 510 23% Mar 35 Jun 2,500 4%c Jan 12% 12% 50 11% Sep * 22% 22% 10 22% Jan 27 13 13% 119 11% Sep 17 Apr r 2nd. preferred -I Flin Calmont 12 —* ——— Oils 1.70 2,600 22,250 lie Oct 41c 2,350 20c Sep Sep 56c Jan 20c 1 2.00 20c-20%c 1.90 > 2.00 6% 6% * —100 ■107 107 5 50 66% 56 % 20 New Cement common—---; preferred Canada •18% 18% 315 30% 31% 450 •30 108 108 5 57% 56% 57% 155 39 —.——* 38% 39 525 Packers class A———»«.*. < ■ * 17% 190 "B". Canadian 48% Canadian Breweries Canadian Canners 47% 90 10 21% 22 19 >26 2,882 20 Mar 25% 200 22 Oct 45 25 28 Dredge Food wjiiM-wii'-r Industrial 13% mi'. in. l Alcohol t u 330 19 825 60 42 Class. B. com Canadian 16% 693 12 Jan 19% 440 18 Oct 24 16 3,560 14 €50 15 Malartlo Oils com-——- Oils preferred————100 Canadian Paciliu Canadian 135 24 Utilities 75c 11,150 17% 755 183 183 14% 15 14'A 4,805 :.12%i 28 Jun 26 102 July ——— Castle Gold Quartz. Trethewev 2.80 1.40 Central Canada Loan Central Patricia -100 Gold Mines 1.40 182 2.50 July 600 182 182 3.00 1,500 200 1.30 Sep Oct 2.10 Feb 2.00 2.08 4,050 1.85 July Porcupine —————1 Centremaque ——1 Chateau Gai Wines 16c 18c 3,200 15c 22 c 25c 5,500 15c Central 25c —— Research—— ——1 8 325 7 43c Jan 4.20 — Coastal ..•Oils 4.25 10c 12c 15,900 10c 12C 13c 4,000 1.2c 7,075 Cockshutt Plow Mines «ioia —i. 2.78 2.90 jpo——i..— 12% 12% i 44c Tellowknife Mines-. Colomac 3.00. - —— 13 186 8,500 39c 50c 42,100 37c 30c Sep 37c 31c 31c 1.25 1.45 Consolidated Bakeries • Consolidated Beattie Mines ' 18 . 2 1.08 Consolidated Mining & Smelting O Consumers Gas (Toronto )—-.100. 82 168% y «' : 1.05 Conwest Exploration Cosmos Imperial Mills————* Cournor Mining-!——....——! 19 Apr May 2.75 Feb 82 173 y . 1.05 5,540 27 170 25 - '33c • 33c Nest 'Coal—-—-———. ' crowshore Patricia Gold Cub Aircraft Leather 1,100 25c July 70c Class l B1 Deinite Mines Nickel Denison -40c Oct 86c Mar 103 27 45 75 Seagrdms ' — Dome 14c- : 7 sit 41c Electrohme i— Foundries & Steel 1.25. 27 16% 1.15 Invest footnotes B-l pfd x —— see page 2319. 50 . 29c - Oct Sep 34 Jun 16 Mar . 2.05 Feb :;;.v.30c May 57c Nov -• 57c 60c > • 1.90 Jan 16% 11,600 2,465 29% 9% 10 25 43 i 38c 14 14% 5,100 865 6c 10c , 7 7'% 10% 10% 54c 61c 16c 17c 27c 20c 28c 1.15 1.07 1.15 15,511 10c 14%,C 7V4 ; ; €0c : - 4% 8c Oct 6,900 19c July 69c Jan Jan 51c 59c 51c Sep Oct 3.60 590 8,100 41,000 70c Sep 15 %c 15 %C Oct 47c 55c 36,600 36c July 32c 35c 30o Aug 73c .37% 35% 37% 12,000 1,018 — Kirkland Hudson Lake turkland Kirkland 14% 27C 33c 62,900 12% 860 65c 75c 4,400 27 27 160 27% Jan 60C Oct 2.09 Apr 14c 10 15% 13'/a 15% —.* 24% 243/4 24% • 15 6,791 ■,'C':':"334- 21 % Mar • / 104 43 : Oct Nov 12% Mar 20 Jan Jan Feb Loblaw 30 • 50% 23 28% Sep July Jun May Jun Groceterias class A J. Class B Loew's Marcus 5c 4C - 4C 65c 3,100 2,540 26,080 2,000 65c 14 c lie 14c 25 Yellowknife Gold 225 25% 53 c ,65c 12% 14 25 53c *14 5,100 24,750 12c 1 July Oct 4c 36c 6c 3c Ltd——* —* * -100 —* July July July 45c 10c 65c 2.30 Jan 1,00 Oct 20C 16C 26 25 26 245 5.80 5.70 5.95 1,470 35C 380 3,600 23c 2,600 45c July July 1,000 9c Sep 14% >.*; U •31% 4,475 20- •31% 4.35 4.50 I,200 4.65 4.65 400 22 30 20 > 8C 19% 9%C 5,000 36c 40C 41C 121,000 20% 200 >19% II,500 4.35 Oct Oct 19 18c 1.22 98c 1.24 141,625 68c 1.90 >1.65 1.92 33 33% 425 31% 238 116 50 3.05 92,650 41c 31 %c 41C 25C 25C 26c •; 47,800 3,000 Sep Sep 23 Va Apr 37c Jan 1.46 Feb 24,200 30 71c July July 9,550 350 116 Jan July 1.20 July 3 %e 1.35 2.58 May 20c 8%c May 1.55 Jan 4%c > 8.75 Mar 25 " 7%c July 25c Jan . Oct 4.65 30c 116 1.46 Jan 19c 26% Mar 37 July 8.00 Feb IV Oct 29% Jan 1.25 3.05 -29% Jan 11 Jan 62c May 4.55 July 20 Jan ,6,5c Oct 24% Mar 4 %c 11,510 2.90 Feb 1.16 Sep 14c 32c „ Jan Apr Feb 1.76 1,000 15 Jan 17% 30,250 5,000 • Feb 37c 30 20C >■ Jan 2.25 11% July 1.50 60c Jan 9c 23% May Sep 1.21 9%c Feb 21o -V Jan May 51c 1.35 57.C July 41c ; July 1.00 9%c Feb 11c . July 1.50 • 71c Oct 12c 1.00 31% 1 preferred—— Goldfields Lundward Gold Mlnes. Louvlcourt r.vn* 12,800 1,000 1,500 24,200 16c 1.35 —— 39 109 13c * 14,550 1 4%c 15 : 74c 4c Gold Mines. Ltd Gold Jun 47 Oct v---^-.-—-r— VIV1M 115 Oct 13% 61c Cadillac --I-——r——--1 Lapaska Mines Lexindln Oct- 29 La pa AICAUlUm Mar 105% " Lingman Lake Gold Mines Little Long Lac Gold Mines 35% May 106 20 4.50 Oct Jan 1.65 , Sen 8,340 49C common— 90 Oct 14% 8%c La Luz Mines— Leitch Oct 20V2 13% 8c 1: Lake Fortune Gold Mines-*—-——• Lake Shore Mines, Ltd-4»..,.,1 Lang & Sbns 62c 10 — Mines 15% July 6,198 1 Lamaque Gold Jan Jan 9% Jan 31 45 c • 1 Woods 80c 106 8c Laguerre Gold Mines— Lake Dufault Mines Ltd.. of Oct 103 47c Labatt (John) Labrador Mining & Exploration Lake Feb 23c 101 ' - — 15% 29 4c —1 Tpwnsite Oct 106 J 1 —J Mines 17% 13% 103 * 1 — 30% Aug 12% Oct 75 0 1 — Jan 30c Jan 26 255 7,217 11% —-—.—1 1 1 1 Kerr-Addison Gold Aug ,28 12c Co—— Kelvinatol 110 13% 12%c Kenville Gold Mines Jun Jan 127/a 64 c —————— 15 95 2,000 27% 750 Feb 50 13 74c Mining ^ayrand 10 13% Jan May 34% Sep 7c July 9% Oct 27% 14 Jun , 50 7c 105% 105% 31c Jan lie Oct 35c ?, > 65 7c 97/a To 1 Quebec Jan 74c 34c 1 • Feb 4.40 May 1 Mines 19% 2.40 Oct 5c 14 Mines Apr 27 10 %c 31 Mines ... Sep 27c 14 %c Jan 5%C Oct 2,000 Lebel Oro 30 : 6%C ————* — Jun .,.</• 20c 1.18 1,300 3,000 • ——• Walte Jan ■30c 26,000 27c preferred_100 Petroleum Jan Apr 2.70 Jan Oct 99c 1.49 22c —————100 preferred Jun Sep 7% Jan 1.24 Jan 31q 45c 52 %c —6 (John) Inspiration Min & Devel_.——— 30 27 ,16% May / 6c 1 23 J mi 12% Fab . 12c 12 %c ———10 * Tobacco of Canada ordinary.S Lake Jan 6.00 Feb 20c 1 * Imperial Bank 24% Jan Jun . Jan 10c , 1.38 27c 100 13% May 9% Mar 8% J 3.8c July —4.10 July 230 6% Sep 335 > 9% Sep 51c Oct 17,225 130 July 10,000 16C July 15,900 .100 . 1.41 14C 1' Laura Secord Candy.—. 13 . . Apr 59c July 4c 4c 4.50 — 32% Feb , 5c 15,700 2,000 4c • 18% Jun Sep 13 4.50 Gold Mines 17%. Sep : 10c 70 • Jan 30 %c July ——1 Gold Mines Joliet Oct Jan Sep 1.75 Aug ": 70c ,610 ; y - ' —25 <1.48 Apr < 30% July : 126 r Jun : Jun 25% Apr Jun 10 Jun ; y.780 , 104 43 : 25% 104 43 Oct .105; 305 . 30 ? .. 17Oct ,555. rX 5%' 30 ,.70c/"Oct .. Aug 12% 35% 4,813 35 .• 10% 5 ■ 57 1 Jan. 15 42 330 35c : 11 pel? •cll.00 Get 20 27 ' 27% 15% 10% Dominion Malting commpn——i-* 1 Preferred *„_il_—— ,—.100 For 3.00 19c v^Oct' i. 14,300 . 1.28 "•5 • class pcit v-"6c: 'Mar.' 18.600 16,900 18%' 19% «• Stores 1.50 .298,500 . 105 105: _* i com Steel 80c 17.%y 193/4 . 0 Dominion Magnesium™.——— Dominion 1.24 70c Feb 29Vs_Jan 11 Sep 2,700 Feb L15 ll%c Oct II,700 57c 1.10 y 19'% ,. Dominion V.y 105% Sep 55 1,610 14 ' common Scottish 1.75 9c 11 %c 80C Ltd—^ Dominion Bank'—!—10 : Dominion Coal preferred————-25 Dominion 100 1.55 Mmes. Dominion 11% 1.24 k Mining ' —•. Dominion 400 Jan Mav 1.20 6,500 30% 1-67 Sep 80c " • 100 Dairies 15C 30 .11% comipon--,.——\ Dominion I,000 } 1.75' — — Preferred Diversified 1.50 43 5,400 —.1 Dickenson Red Lake Discovery Yellowknife 89c .301%, ——i Mines 85c 1.40 * > :—:— Detta Red Lake Mines—., Distillers 115c ^ - Feb 3,525 1.00 July 103 Oct 2,000 26 23% 2.50 J M Consolidated Apr 43 1B9C' A-. .32 15,700 - .1.40 —"—■ class Oct 47c 43 . ------ D'Aragon Mines Davis 100 July 90c 25 1.40 @?42cf i.37 l — Apr 1.95 Feb May 26c 2.45 Jason Jun 125 Oct 9c 10% Jellicoe 188% ios 45c i 1 Crown Trust —iV—106 r Crow's '. ■>: 1 — Pershing Mines oromor 103 Oct 9C 9c 11 Jacola Apr 1.15 15% Jun 2.50 Jacknife Oct 1.35 ■ Crestau.raum 76% Oct 164 25 20% Jack Apr 1.23 21 —.—* Consolidated Gold Mines——5 International Uranium Mining Jan 22 40 400 37c & Dauch 1.38 . 55 60C Oil Inglis Jan 35c 11% 20 Jan 12 %c May Sep International Apr > 1.05 Oct 1.06 1,500 20 4%% 51c Oct 4%C Jan July 4%c July 99 % Mar 52 % July 10% Sep 33c 100 International Milling 19 16 Va Jan 157 10,825 1,880 170 78 168 1.00 7,908 1.23 . 1.06 . 1.25 59,900 International Nickel Co common_! Oct 1,000 42C 43c 49,100 3,000 Jan Oct 1.40 Mines— 37C July 8c International Metals class A_ 5.00 Feb : 8c 20% Jun - Goniaurum Jan 4.70 Aug 11% .Oct- 40%c Jan 2.90 Apr 2.00 6,500 . * 41C : 7,893 20C 108 Feb 1.30 ,79c 16c 2.40 108 Jan July 16c 35,400 Feb 25c1 . July Oct 70c 9,000 9,900 15C 25% 1 '■ • ———— 35c July Oct 45c 42c Commonwealth Pete 1.41 Mar 85c 87c July 8c 8c Imperial Jaii' .: ' 16,280 Feb 39c Oct 17c 17,200 17c 30c 25c 20% Indian Jan 1.90 2.40 July -1 . _.i——-—;——-—*. vVuitms Cocnenuui 3.75 1,400 9,140 11c Chesterville Larder Lake Gold Mines—1 Citralara ;■ 16 Sep 64c Jan 2.25 Imperial Oil Jan 50c July 8 62c — Chemical i July 3.00 Feb Feb tfuu 24 %c July 35C.; 9C 1 —1 ——* Huron & Erie common 44%c Jan July 22c jan 55 ——1 Hudson Bay Mining & Smelting • Hugh Malartic —— ——1, Hunt's A * Oct 185 Oct 8c Howey 4.40 Apr 182 1 Sep 3c 12C —— — — Cariboo 5.05 Jury b'lO: 25c Carpet— Mascot Hosco Jun 104 17c 18 %c Feb 10c 11% 1 Swayze_ Gold new Home Feb 39% Jan ui---. Hollinger 24% Feb 12% Oct . 9,000 20,850 21,000 * Homer Yellowknife i. 1 Homestead Oil & Gas—1 Jan 190 10 102% 102% .—100 18 Jan 150 1.35 61c 6,847 12,200 22c —*: ' ■ • Hinde May May May 50 28 • 27 26 46 59c 108 • Highridge Mining Highwood-Sarcee Oil Jun Sep 32% Sep 23% Sep 50c July 13% Jan 195 17% 183 ———* preferred 25 70c ——* —an Tire Canadian > 75c Canadian Heva 20% Jun 18%- 24 Canadian '■ 30% May 2?% 14% .* tty 44 39% Sep 22 Sep 22% A—• class A Jun 78 19 " ...—-* w- Oct 60 4%C Hedley 20% Jari 22% Feb Oct 13C 3c Sep 7% Apr 8.75 . Preferred Harding Jun 111 42c Hard Rock Gold Mai/ 32 6.15 12C ' Aug 32 14- 14% ^ I——— — 18% 57 50 '' Canadian Locomotive - Jan ; Mar / • July 111 3% Sep 2.40 , • Mines———1 Harker Gold Mines 1 Harricana Gold Mines ——.1 Hasaga Mines 1 Headway Red Lake Gold 1 Heath — 1 i5% • • nr~i rrm 14 42 Rubber & MvKay Hamilton Bridge Jun Jan 109. 105 Feb 5.55 Feb 105 18c J -1 common—• 50 • Hallnor Mines Jun 75c 2.85 Oct 21 Mines Halllwell Gold Mines-. 29% Aug 32% 22% Jan 12% Sep 645 58% 57 100 common «■ — — 25% 18% ; .—i—.* —— Products ii. ju 28 24% • common —— Canadian Canadian 645 4% Sep 32% Jan Oct 27C 20C Halcrow Feb 24 Jan 25 ——20 — lu 12 8% Sep 25 :■ 24% Celanese A 22% 50 25 ——♦ ——— Canadian ClaSS 9 Sep 20 1.800 5.85 Graham Bousquet —4-————— Ju*-\ 13% Aug Oct 22C .—1 Great Lakes Paper common— 99% July 30 Oct 835 6c Class B : - Sep 11 % 14,600 ; 13C —1 Mining :-6% 4 110 80C 7% Aug > 40 150 1,550 .41/8 26c Aug ' 40 ; V Sep Jan 24c 7%c Oct 109% 109% 18c May 11 134 Jan 90 9,000 23 3% 22% July 65 Sep 5% Jan 2,881 30c —.—— ;:: /: 6.35 Feb / Mar 12 43% 2,065 3.10 6.15 1 Gypsum Lime & Alabiistine 23% Oct Sep 4.00 Sep 2,264 170, 61c Jun 88 13 6%: 110 1 1 Gunner v,,#. 50 109% Gold Feb M 26 -« common common. & Fdry common——* A I——-———-——-.-* Preferred 24 Jan; 2.95 85C Tire Preferred . 53 10 30c 4% Mar Sep May Jan 290 x ———100 23 47 13 •4% 3.00 —100 pfd— 205 275 9 Canadian Car Class 90 Vy 9 preferred Canadian 48% Oct 505 U% 22% •30c • Jan 178 23 • 13% Oct 14 •6% 1,965 4 »—————1 Gate Gordon Aug 44% May 21% Feb 16% Oct 15 540 Jan 35 "••*'.■ 11% ■ Mines Ltd Goodyear Jan 64 Jan 36 18 8% v': 6%.. ^ Goodfish ' 1st preferred Conv 17% 23% -. Commerce hank ottuauiaa — - 14% ——-—* —-——— Bakeries 195 14% 36 Oct 8%c 16C 31% Oct Mar ■' 23% . ;7%C 35c Goldvue ' . Class 17% 14% Canada Permanent Mortgage 100 Canada Steamship common * Preferred. ———————50 Canada Wire class "A"—. * 63 •• . w Goldora 25% Jun 111 106% Mar • . Golden Manltou Mines 82% May Oct Oct 65 120 80 Jan 71c 48 % ■ 1.45 Oct 30 115% . 108% July 143/» Jan 31% 20 100 >>' ,Clasfi'B——————— 66 8 ■ Lake Golden 9% Jan Jan Oct 18% —I- ; Canada Cycle Motor pfd Canada Malting 102 y2 46 Golden Arrow Mines 3.60 Jun Oct 6 565 Class "B" : 1.72 4,300 17% 1.38 Sep 83cw Sep 37c,'July1 x. 4.50 Goldhawk 2.95 Jan 1.60 Sep Jun 72% Aug 68,500 4.35 Gold Eagle Mines— Jun 12c 13%C 14% Oct 20% 37c 12% Goldcrest 19 % May Oct 16 Jan Nov 9 ■ 49,100 7 ■: 8 Goldale Mine May 13 Class VA" Canada 15 4.60 81,300 25 47 Gold Glenora Feb 44c July- 11% Jan 75 16 12 %C 1 . 12 1.62 1.67 1 Red Lake Bread common— 19c 8,100 * 30c - Jan 3.35 Jan 2.30 July 37c, 17% Giant Yellowknife Gold Mines Goa's 16 ,———* Flon Campbell Canada 26c 12 '' Calgary & Edmonton— Calllnan 26c —— Feb 13c 45c —• ———100 Mining-,.—1 Gillies Lake-Porcupine v' Calder Bousquet Gold Caldwell Linen common—, 62c Oct 55c 4.40 ————.* common • preferred 5'/2 clo July —* > July 5c Jan 1.15 July 1.20 12% General Bakeries B%c May 15 Apr Burlington Bteel Burns & Co class A——— Class B—— 30c 420 Shops——1 Gatineau Pow 5% Feb 29 24c 28 '. .10,500 ' -'lUt 535 6% Jan 5C> 5%C 23 %c * May 21 —25 Francoeijir Gold Frobisher Exploration Feb 45c July July 40C . 23% Mfg & Aircraft * Ford Co of Canada class A—.—* 1.64 Apr July \ 68c 10 : comihpn—--—* 4 * A?1 class Jan 3.85 Aug 3.25 Fleet Jan July 20c 19c' 20 %c Fittings Ltd May 5% May 40c 3,325 19c 45C 1 —* * — new Kirkland 11% Jun 13c 4.50 39,900 26c 6,500 19,100 22,000 42c common Preferred Federal 8,500 - Grain 35 " 2.40 Sep 1.60 54c — Players Federal 17% Jun / July 1.06 . 1.20 _— Farmer Candy Fanny Jan 8,600 1.50 4.45 Jan Famous Aug 5 85c 8 1 Gold Mines-. Falconbrldge Nickel 28% Jan • 2% Sep 600 15c —• ' • 47c Buffalo Ankerite Gold Mines———.• Buffalo Red Lake Mines 6% 13c . 28 340 43c 45 %c Building Products Bunker Hill 28% 2% 9,125 15% 28% ■ Porcupine Mines, Ltd—-1 Buffadison Gold Mines— Canadian Gold Mines 175 15% 6% >••6%' 640 3%c Sep 2% Sep 13% Sep 6% Oct 25 1.85 20% Jan 170 July 3.00 —-———-—1 —— Equitable Life Jan Jun 3%C • —————20 —— Gold Mines Class "B" 18% Feb 26 % 20% 26% July 60c 165,000 1.94 ' < 39.600 5%c 9% English Electric class A_ 15 145 ' % July 20 - ! 39 %c Jan 10% Sep 1,410 26 Jan 5c 3.20 1 Mines Eldona 2,605 23c" Broulan Buflalo Elder Feb Aug 27 —* — -Eddy Paper 30c 55c 22% 26% * . Juiy .July 27 15%- 15% • ■ Oct 13 835 V 1.30 Steel Eastern .: 14c 21% * — -— Sep 5c — Sullivan Mines East 24% May: .14%-Oct , ' Forest ,36c .————————^.^*.^1 Jan 27 —* 36c Crest 30c 17,400 17,500 150 200 East 22% 1 Oil—' Columbia Columbia Brit Mines American 10 ' 5,400 18,200 11% <11% 11% Traction Brewis Red ; 16c 12c Light & Pwr com—• Brewers & /Distillers-*—*— 5 British 105 40C Brantford Brazilian ?' 13% 160 . 24c East Malartic Mines. 14% Aug Jun Oct <1.66 Feb 92c 12 - 1.80 24% 1.15 East Amphi Mines. May 45c 21% 183 245 40c Boycon Pershing Gold Mines————1• Bralorne 13 1 8 July 16c 89c 23% May . Juiy 47c 21% 21% Oct —1: 1.13 Co———1 Duvay Gold Mines 1 Jan 1.45 Aug •I 23 50 (•; 14% Duquesne Mining 30% Feb Mar 75 26 14 Donalda .Mines Jun 15% Feb 4% Sep 21,100 1 —— 70c 19 ' 25% 25% \ 100 — Hioh Low 26 preferred Dominion Woolens— 1 Range Sinee January High < 14 New May 216 Oct 25% Dominion Tar common————* 2.65 May Oct 8,00 10,800 21C 51 Oct 170 115 80C • 21c :—* common 65C Jan 40c Shares "' 1.64 Jan July 39 85 8.00 Bell Telephone of Canada—100 Belleterre Quebec i. Berens River Sic 32,800 43. far Week Low Pat High Low Bales Rang* •f Prices Sale Frlet Range Since January 1 Shares ^5C —l Beatty Bros class A—,—U——-——* Beaulieu Yello wknlfe—* w Last for Week High . :•.< Week's Friday STOCKS Okies Range of Prices 8ale Price STOCKS— NOVEMBER 1 FOB WEEK ENDING KANGE ?vee*'» (ria»| Last 2317, FINANCIAL CHRONICLE THE COMMERCIAL ft T; Oct 3.45 1.50-Oct 36 27% Jan Jan 34 26% 116 106% July 1.02 July 30c 23c July July . Jan Aug May Oct 4.40 Sep 86c 45c Apr Feb Monday, November 4,-1946 CHRONICLE THE COMMERCIAL & FINANCIAL CANADIAN LISTED MARKETS RANGE FOR ; STOCKS Friday Week's Uit Range •f Prices Share* V v'-Y' Macassa ■ • — MacDonald \ :'M«fcCiie Red Lake —— 3.30 < 3.35 . 3.00 3.35 * 12,080 { 1 26c 20c 28c 1.70 1.90 10,500 16% Hea —ueeu La tee Gold Mines——i Magnet Consolidated Gold . i Malartlc Gold Fields 3.25 , >1 45c —1 l * 42c 3c 48c 1.85 Maple Leaf Milling common Marcus Gold Marlon Rouyn Gold ; : -* •Tw-. Li . Massf.y-Harris 13% : : • "— Pre'erred McColl Frontenac Oil [ McMarmac Red 50'A 88c 82c • 90c 31c 36c 18c Oil 8c Gas 20 20 5c X%c 8.10 8.50 5o • :• Knitting ' ' A * ' 26% 76% ; 18c 16% 100 Standard Long 17% 66 ..-.1 4 Lac 14 Va 21'A Sep 22% Aug 91c Feb 25% Feb 11 1,905 17% 2,330 15 Va Sep 22 335 65% Sep 81 165 3Va Oct 7 24c 6,500 lbc Juiy 45c : - - .. - 70c .8% . — 320 13,300 23c Oct 49c Co of Surf Consol .totioiial Grocers 14% 17% 28 29 -20 .—-—— — Tamblyn (G) 25 72c Gold 85 20o 9% — 00 34c 34c 40c 2.25 2.50 95c 1.10 24 — 50 53% -• 6% ———* 23 25 23 Oct 32 24 22 V* Sep 30% 1.50 Jan 23 l.H/ l 15C Jan 19c —• 1.80 Oct 5.65 • 45J/2 Sep 72% ——1 440 47c 44c Oct l Norseman 7c 7c 6C Sep 15c 1.40 1.50 14C 160 .—— :—* North Inca 15C 34%C 9c 4 —— Northland 65c Y Northern 1.46 ■' 1 —1 * i Canada — Oct 7c Oct 65C 70C 60c Oct 9% Apr 6% Sep —5 Gold Mines Oeama-Rockland Okalta ; 5%Jan 1.85 1 €4C66,/2C —* ^ O Leary L-——1.—i..L— —L* Omega Gold Mines—... .j;— Ontario Orenada 170 20c 17Q 15c 15c 20% 20 17 Osulake Pacalta Oils c»cific 95c 65c 53c 7c 61c Petroleum <new). Porcupine Mines Ltd.. Pandora Cadillac 8c 70c 29% 12c Y— IOC ; Paymaster Cons Mines. • 50C Pen-Rey Gold Mines 19c Perron Gold Mines "nnppr Gold 3 C-.,., n' ... Porcupine Peninsula "orcupine Powell 13c 13 %c 2.70 July 3.10 Oct 1 Gold Mines Powell Rouyn common— V t c —r 27c 32c 9,000 24c 34c 36c 5,200 34c 31 265 28 Sep j-I 80C 85c 3,600 75c 80C 8,300 HVa ' 12% 155 1.50 7,700 ' Power C< 'p — Gold .■ —* ■ Mining Co....—I Premier Trust ——————100 Pressed Metals ^—-.——"——--1 Preston ■ East Dome...—...— 1.36 Proprietary- • Prospectors Airways •• . 14c 20c 12% 13 54% 54% 80c ..1 80c —...1 83c Gold Gold rcegcourt Richmac Silk Robertson Robinson Roche (P I — L) -'ouvn Rush Lake Russell * new ——1 1 39c * 4oc Y 23 1 1.12 • 12% Saginaw Power preferred—.———100 St Lawrence Corp common • Y Class 8an A -50 Antonio Sand River Sannorm Feb 11 July 23% Jan & 60c Jun 1.99 May Canada yihegarSi^pY*-,—--Y- July 40c Canadian 92X00 Gold Mines Ltd Gold : 40 1,500 15c 19 %c 36%c ' 38c 40c Oct 20 1,185,002 105% 105% 5 104 8 : 375 30 -1.13 Oct 16 - Jan 106 Oct 25 common—- Western Canadian Lumber—. Consolidated PaDer Consolidated Press class • A-— Jan Dalhousie Oil. Dominion- Bridge Donnaconna 3.700 Brewery class A.—* 12% 255 oUc 1.20 2,050 , Oct — Nov Hayes Steel Jun Humberstone Shbe r—----- Paper Sep Langley's common.. preferred -.-^-rr-—r 9% Apr 39% 3.80 July 7c Sep 3,200 v-515 ; —; — Paper Foothills Oil At Gas Jun Minnesota & Feb Ogilvie Flour Ontario Paper— ' A, 4,205 9,200 25 6% 125 8%c ———.— Vickers Preferred international # 14,800 2319. 25% July July 11 55c page Jan 22c 675 20% see 1.57 Mar 14% Oct '65c Sugar— cofnmon- Feb Feb 1a.—• For footnotes Jan 64c 185 1 — Juh 16% May Aug Ltd..—_——s.—-I Shea's Winnipeg Creek- 49 Y 22c July > oueep Cdnadidn Marconi Canadian Oct-' 15c 20c ..._ Apr 25c 520 12% Dominion Industries Apr 17% 9,500 40C ————. 93c 37,600 , 22% 3.95 •' ———■—- July Preferred Bruck Silk 24%c Oct 9% Feb 40 ; Sep 12% July 8c Jan 12,5o0 41c 30c Senator Rouyn ' 100 8c 1 — Mines Shawinigan Y20c 14% * common — Apr 1.25 100 45 16c Mine — common 1.15 12% V-; ——18 Gold National Co July 7%c!Jan —...—— Industries Apr Mar 23,002 12 1 Oil Brown 2.15 25c — Andian Oct 215 ;— Apr Jun Canada • Co 55 - 1,500 Royal Bank Royalite 15 7,300 Merger Gold Mines— Oils Jan 22%c Feb 26c common Kochette Roxana Feb 72c 17% Lac— Toronto Jan 17 1 Cotton Long 3.45 Oct —....—* — B___' — 50c 22c —•_—1 Mines class Bonds— Uchi 69c 1.25 U-i'-Y—1 ... Gold Riverside Ymir Yankee,rr-^- Jan Aug 1 18c 40c ,6 July Sep 28c Oct 11- Sep Sep 1.00 14c Feb 1.63 ■ common Jan 50c /■ Oct •;/ 20 * 2,700 10c 2,000 Jan 26% Mar > 82c- • * 15c 10c 8C 4,40 4.40 27% :• ...* 30 " :.2C • 65c 22 33% Pend Oreille Pries Bros Southmount 34% 34% —— Invest Apri Stop & Shop——; 12% Oct 2.D8 Jan Supertest Petroleum ordinary Temiskaming —-_ —- — 59c July 28c 180 July July 22 ' 3,500 26 25% 105 ■"; ■ 106 14 — __ 13c 14%c 12% 3.10 Feb 'ft".-i 16% Feb 87c Feb 40c Mar 100 8.10 Feb 30% Oct Jan 1.69 55c Mar 60c Jan 18 Oct 22% 33% Oct 34 Oct 35 Oct 30 Jan 135 .100 495 15 v. 14 100 14c 13 %c 22 May May May Jan Feb 31 5tt 11 14%c 13% 217 2o 105 14%c 12% May 45c Jan 245 84% 22 . Oct 7,000 34 20C 8c 3.80 July 27% Oct 24,600 75c „ * 8.65 Nov 14c Oct Feo 1.95 Jan 27% May 54% Aug 7% Aug 6.35 Feb 80c May 1.25 May 25 July 2.40 Feb / 65c Apr 46% Feb 170 Sep 14 Apr 39c Jan 35* July 21% July 21 May 1.80 Jan 26 Apr .'ft. YYY-ftYrftft'ft-'ftvftY -Y •. 9,705 14,083 30c ' 22c 22% 20C Y-,v'< Mar ' 4.50 30% 29c x 15c, 1,655 13 3,500 .22 Oct 25 Mar 104% July ll%cJuly 10 Sep 94% Jan 13c Oct 22 Oct 2.95 Oct 36% May 108 % 30c- • Feb Jan 21% May 106 43C Apr Feb 29 May 6.55 Feb 3.15 3.55 25 7.985 26c 2,200 25c Oct 67 c Feb 4,500 10c Oct 39c Jan 10C 22 13,500 34% Oct - Oct 25c 3.45 .u.* 'YYft\ft ^ Jan Jun Feb ftftft. 70c 22 ...» '■ 30c i —1 — 3.800 16 rf'y 15c Yellorex 13,067 . 15c 1 May 12% Aug 1.00 2,230 ^.5 Asbestos Corp Mining • 22'A 45c 2,800 9.00 y./': 8.75 .100 .n,... Mines Feb 60 85 ——1 3.30 Sen Oct 320 —40 , Oct ' 1.42 200 1,000 72,500 Reeves Macdonald ———1 Reno 15,500 14 Quebec Manitou n 1.85 10 MlneB 1.15 10 ,46c Quebec Gold Quemont Gold Jan 50 8.65 YY' y.Y'V*- «.* common Jan 17% 18 8Ve Jan 1.93 July .100 ——— Jan 1.65 Sep 575 14 — ^ueenston Gold 1.75 Jan 50 46c — common — Aug 10% —1 Preferred common——— Apr 66c 1.45 1 * —— Purdy Mica Purity Flour Ltd Apr 38 52c 10 ' 57c ; Jan 10% 50 ; 76c Oct 4,265 19,909 . Feb Jan 7.70 Mar Oct 30 4.95 Aug 1 * Reef River —mier 47c 4,365 4,760 6c 9% Combing Wright Hargreaves Mines—. ■ Oct 3.20 4.00 6c 275 190 1,500 2.55 • Electric Preferred Winora Jan 28'A May 2.90 ■■■: • 8% Oct 14c Oct Oct 40% Jan 5% Oct 9% — Wool Jan 13C 5,000 preferred — * 3.55 Mines————.1 Mines of 44 5% . 20 2.20 ... ' PicKle-Crow Gold 6,000 175 6c 6c * Feb 1.95 20% 9% «,„• - A—i—.i——-7——- Winnipeg -■ Feb Oct class Preferred. Feb 24 1,670 18c 20 July 13% Oct 85o 2.50 .,•.1 Wtltsey-Coghlan Mines Jan Jan New Westons Jan 1.06 •40c July 1.00 July 1,400 15 — Consolidated Westeel Products May lie Oct 12c 24 . . 9% 18c 8% 5% ...1 (Hiram) new—.——. Lake Gold Mines New Feb 35c 29c July' 49c 1 1.20 24 Engravers ——* Piccadilly ; —.——1 2.85 13% 43% _• Western Grocers new com • Feb 46c Oct 5c 55c 38c 1.65 35 July > ' 10c 6c 1.15 Photo 10o ,llC 6c Oct 8.'Ac Aug 17%c23%c Y Malartlc 1.10 ,28 Sep i.00 July 1.40 1.25 18c Oct; 13% 28,300 200 v.-*™ Mines,; West Malartio ; Jan July 61c 30 10 %c "aramaque Mines 7c 1.09 5% ...• „i1.Y Wasa - Feb Aug 50c Jun 95c —• Mines Wekusko 2.59 Jun 18 20 «.l Walkers ; 95c Mar 18 43% —• Walte-Amulet 13% Mar 50c ~——• -«— yillbona Oct 50c __ Hersey Parbec 1.53 25 5 10 18c .25 Vloour Juiy July Jan Sep Oct 80 — X0 . Steel Jan 32 t 9% ..1 Ventures. Ltd* ■—.Y— Oct Ytuc 53c Pamour Partenen 16c 7AC 1.40 Pacific Eastern Page 24c 620 Mines 18 16c Mines <»■«< »——— ' Oct Orlac Red Lake Mines Osisko Lake -• i Upper Canada Mines Ltd Oct 20 % 1.06 w Oils United 36 142 3 225-11 1,100 14c 21% 20 — r Class B... United Oct July Oct 1.20 July 22c Oct 32 — 10 4So 17 21% A class ■ ' May 9% May 12% Jun 8 Aug 1.50 Apr 92% July 95 Apr 40c Feb 4.45 Jan 24c 3.25 1.09 4,10 - v Apr 80c 167 - Oct r ' Jan Sep 18c common Gold 3.85 - Oct 17c Finance united Fuel class-"A'— Nov 15C — Crusn urange 35c 38c 15%c 16%c Exploration Steel 1X3 July 42c Sep 35c ' Oils •"initrans 2.05 Y ^ 167 Jun ' 24 8c Oct 1X0 July 25c Oct 2.15 July 29c 850 .8,000 15 / 11% 11% 14%cl4%C «... —— Union Gas Co...., Unlon Mining United Corp : | 41 — 11% /■'; Twin City common.— 1.40 Feb Sep 5% 6 : ■ Preferred Jan 9c 5% .00 ' Apr 22c 8c , Trust Transcontinental Resources Jan 95c 270 41 — Class A rgihtb— Class B rights——.—.—— Mar 33c July 26C / Works class A—.... 2.24 May 1.03 Jan 10c 2oc 34V2c star. Oil common———.——* O'Brien Traders 1.05 Mar 1 Normetal General Jan Oct 9c 25 1.35 17 1.40 Y- Towagamac Ex plor Apr Feb 51 10c 2.15 49% 30c 2.20 9c 5 i—* ——-— Toronto Jan 43,700 17 16V4 Feb 10% May Nov 22 Sep 527/e July ' 5% Oct 3.05 July 6,055 30,900 55c — Elevators Toronto Iron May 30o 3.45 45c 29c — Toronto Apr Oct 12c -1 3.25 50c Apr 105 95c 50 530 ' 48c 4»c • .*.♦ Tombill ; 1.39 Aug 15 %c July 3.35 • Toburn Apr 33c .1 »♦ -1. Tip Top TaUors— Mar 62c Oct 60c 13c 16c ———1 Malartic Mines 18C 1.22 12c 150 Norgold n • 1.15 —— Nicholson roenite 2 11% Oct Mark Gold Miae . 25 53% 6% 220 Tnompson-Lund Thurbols Mines 3.25 Mar ——* Niplsslng Mines I May 30% Apr 13% July 12% ..— Noranda Mines 21 Oct 12% <ew Calumet Mines Vpwnorth Gold Mines Yellowknife Oct 16 V2 Mar 28 , , - 25 53% 6% flep ', Jan 7 2,600 1.00 . 23 1.55 Jan Oct s Sep 77 Sep 13o July 2.15 Oct 50 2.30 • common , 1.12 Jan > ;v Y 1.50 Feb July July 73 1,000 12,450 iJ 32,100 4,766 . . — Preferred 9% '9c. 2.40 9c 2.20 . Oct 68c . 16,650 9c 2.40. *1- July 1.40 Jan J:?A 7 32,000 2.45 108 5% Sep 10% Sep . 65 15c 2.30 — J , ' 29,400 Y. 145 18c 00 .. May ' 36% Jun 5% Oct 18 Sep~ 50 79 - 100 150' 85c, 85 208 .250 2.40 .* Taylor Pearson & Carson common Teck-Hughes Gold Mines^ Oct —-—* Negus Mines ..———— Yfc* Bidiamaque Nib 14 y« 14% 17 VB common Preferred National Hosiery class A_. National Sewer class Ai National Steel Car_„__ 14'A . 7 84c - National Drug & Chemical preferred 6 10% 77 Mines— Cons : — 9 25 770 7, «— 65c HO % ■ : 18% common Taku River Gold Mines— July • .1 Canada Inlet * L* 1 101 8% 10% . .• ~90c .. . 2,628 — . 6%, 18 Radio ''B'*^ - 7,600 . 9%'" '» -8% I8 . .: ^40 ' 31%c 8ep 17- 15c ; ■ 6% Aug- Oct 56c 185 71c —101 . .. 6,200 21,150 18.. 1.05 V" 10. common^.^.. • 47c 95c 71c Oft ■ 62c 13% July 24 Jan 101% Jan 40 18% Jun - . 1,566 , 25% Jun 62c Oct ; 10 Mar 27% Jan V 17% . 1.05 .•»• ' v -11 Sep 5% July 580 26 107 39C •••' . 65. ; t 56c —• 45C 13% Feb 44c Oct 149 8T 29% 106'/a. 17% — ■ Sylvanite Gold Mines.. EeD 28C Mylamaque Mines — — Apr 18c 24C Class 8ulllvan May May 67% ■;VY-:4- Y . Preferred. Steeloy Mining Corp—^ steep Rock iron Mines^.,. Sterling Coal ——.i-j.— Sudbury Contact Oct 46 %c 20,610 29 24% 24% — .* ' 8 16% July 13 32,600 . High 3.65 Jail 15% May ^ 15% May :,Vilv^^JWF^V.>\yiT%'-.Feb',-ir • 50 49c 8. 29% :: t —— . 18% .• Starratt Olson Co Oct Oct Feb 20% 16% 67 Oct > Steel 12% Jan 25%c Jan 18% July 675 X7c 19% 6 .• 600 "--.v-::.-,. Low " l.b6 Jan 13-;. July ;K 2,040 i 18 11%. 11% * .1 Mines 9.25 v^. Range Sines Jaaoary 1 680 *" (. 14 %v" 44c. ; — Kl Stanley Brock class "A"———* Jan r >. 19% i 470 .* .• • Preferred Mar 12 100 115 57c 20% common..—-v.n Brass 1,000 14 63C i Locomotive v».iure. Corp 18c 20% 16% •/ —— — Malartio Preferred Feb 17c Sep 6X5 July 17%c Oct 11,539 ; new.. — new Standard Paving Apr 22 Oct 5c 6,500 ■ 14 • common : , Y-Y:; ■ Oct 17 .1 ■ 1.70 Mar 75c a new 14 15. . Standard Chemical common ; 13% v ——— Sturgeon Stadacona Mines ' Jun Jan 36c A...J.... Springer > 12% May Jan 15c 35 19% common—.—* new Light Heat 8c Power.....—.* Morrison viosuer • 8.50 A Porcupine Montreal ^ w-iL——-1 Containers vloneta - 2,200 20 preferred Monarch 35 ya Sep Oct 46% Sep 80o July 25c July 27,990 15c Apr Jan • Model Oils Montreal 27,650 36c Jan 16 % —..— Southam Co - 21 ;. Slscoe Gold Mines Sladen Feb ;; 45c B 13%. 5.25 5 Shares High -Y-' '", v 2.10 A 56,722 Y'Y 1.94 ; 14; ; —-—> .j..—r-.——. Preferred Jan 2.20 51c - 10c 1,910 / July 25 935 285 . Class t "i . 14 1 Simpsons Ltd class > July 13% Sep ?SY-;-.90,>Y 21 52% ' New 10 • f Feb 2.10 - • — — Preferred Oct 12% 120 ; 2,405 18c Gold Gold Mines. Mid-Continental -..Modern 8.200 : 65 Miller Class -"B'-- ■■ i , 17% May 2lc ' Mining Corp . 8,200 31.000 28- 28% 20'A- & 60% : Mercury Mills ; 15% 16 10 Mines Lake 14c 21: satintyre Porcupine Mines. [ McWatters 12c • 28c 28% * • common 49% Jau 875 ; 93c 21c •16 20 ( Lake 14'A : 85c 28c Silver j- 3.75 Jan r J May 1 common..—,—. Silverwood's Dairies class : ' 11% Jan v 13 July 60c July >' 30 ;:-Y 90 13c common Red 62 11.85 93c 1 j McCabe Grain class A McKenzie ' • -~1 Mart:.u->McNeely Mines ; 12,500 62 11.85 * com Silknit Ltd Jan 10c Mines. common^ vtc Y Sigma Mines- - Apr 3c Gold new YYNew ; 6.45 Jan "'v 95c ixo July 23,800 3%c ' I Maple Leaf Gardens ! *' Preferred 19 July 38c 14,000 * 3C Sick'8 Brew Feb July 3.75 . 14% Sep 2.45 July 23,196 ' i./Manitoba & Eastern ■ ixo July 200 3.25 1.65 1.85' : 16% 2.83 — ( ( July 35c Oct 15c ;v Jan 7.50 2.50 July 158,950 1.87 .—,— Bherrltt-Gordon ■ -/^vi ■«• .v-;Vv:>. Sales (orWeek *f Prices Y^H;.'••• X0«s T High 5.00 Jan -2.70 Oct . 8,575 —* U!Od-CocKsnutt Gold Mines.'— —1 MacMillan (H R) | ,';viK< ! 5 High 2.70 Week's Rang*v» Last" -" Sals Fries January 1 Bang* Sine* Low LOW 3.20 — Mines Friday for Week Sato Price ! WEEK ENDING NOVEMBER 1 Saiee-.i-'-y' ' - THE COMMERCIAL & FINANCIAL CHRONICLE JVolume 164 '. Number 4539 OVER-THE-COUNTER MARKETS Quotations for Friday, November 1 aO L Investing Companies For M' Keystone Custodian Funds ^ Mutual Funds— 4.25 7.82 8.45 17.15 Beneficial Corp 1. 5% Blair & 1 6% 5% Bond Co of Tr Inv Fund Boston 6% 4 25.81 25.93 28.49' S-2—^ Series - 14.35 15.79 8-8—; 11.53 12.70 4.84 .5.36 8-4— Series . Fund Knickerbocker — Sayles Mutual Fund—• Loomis Sayles Second Fund—10 Manhattan Bond Fund Inc— Common 10c Members New York Curb Exchange 108.29 97 8.77 Loomis 23.52 Mass Investors Trust Mass Investors 2d 13.90 18.37 20.13 Mutual Fund Inc.—10 14.07 BeU Teletype NY 15.06 10.17 11.43 7.07 7.76 —•—. 4.99 5.52 series—— 6.86 7.66 DIgby 4-4950 1 Invest Securities— Nation-Wlde Balanced shares 1 4.20 30.30 32.58 National Investors Corp. Chemical Fund 1 14.27 15.44 Reorganization Rails National Security Series- Ltd Fund Delaware 5.90 1 , 6.41 18.96/ 20.501.59 SBc Dividend Bhares 15.42 16.49 24.61 —. 26.50 15.90 5.66 11.94 ^I^,in,I,„ Hi", Petroleum Aetna Casual & Surety 10 13.55 14.88 Afltw* 10 —— 7.93 oils 7.67 8.43 9.06 10.02 11.01 4.99 5.50 Putnam 6.33 8.96 Republic Invest Fund- 3.26 3.60 4.51 — 4.97 & (Geo) 4.64 5.11 5.91 1.70 1.74 24.07 25.88 18 Casualty.B 11 20: 15.39 16.55 American Re-Insurance 3.57 3.93 American Reserve Surety——^.—25 31.97 14.68 Aiitftirtnhha 250 Bond Fund Union B 6.46 ..n r,"r ,.n .;ni, 7.06 18.47 .J. 20.15 28% 31% Pacific Fire— Pacific 31 Phoenix ■ 2.48 1 -1 •2.85 North Amer Trust Series 1955— Series 1956—..... shares— 10.16 50 160. Firemen's Franklin 19% Bid 30'/a 400 Central Hanover Bank&Trust 20 45% 123 104% 47% 128 107% 15 37% 10 : 47% 39% 49% Chemical Bank & Trust . Commercial National Bank 6c ' 43 19% 56% 97 41 Trust Co 18% Continental Bank 6c Trust 10 Corn Exchange Bank & Trust-20 Empire Trust — —50 Federation Bank 6c Trust 10 Fiduciary Trust First National Bank, 54% 92 23 26 m 37 —100 1,620 , 40 1,680 Bid Par Ask 28% 385 National Bank —.8 11% 13 Providence-Washington ——.10 34% 37 . 56 59 94% 98% Reinsurance Corp (NY)——B Republic (Texas) 10 11% 127/8 Revere 'a. (Paul) Fire 23% St Paul Fire Sr- Marine 12% Seaboard Surety 10 10 29 49% 52 Security New Haven Springfield Fire & Marine a- Bid Ask "" Federal Land Bank Bonds— Sterling National —.—25 8 Republic—-——,-5 & Rutgers Fire com 15 preferred <15 American ———, .5 10: 27 U 8 Fire 104% l%s Jan. 1, 1953-1951 2%l Feb. 1, 1955-1953 12 United States Trust——100 ^ 34% m 103 Gatineau Power 3s ; 99 99% 103 103% Iowa Pub Serv 2%s .1976 100% 3%s. 1980 10iy4 98% — Kans Okla & Gulf Ry Power 102% 1975 104 100% 100% 100% 101 y4 100 101 Public Serv (Okla) 2%s Ask 1975 Scranton-Spg Brook 2'/8S__1976 City Gas & El 2%s 1975 Sioux 98% 99.29 »•?-.• *.7";> Stf■ *£ • Int. Rate Bid \Va% 100.2 100.3 IV* % 100.4 100.5 1%% 1%% 100.17 100.18 100.10 100.11 1%# 100.27 100.28 106% 109 103; 104 103% 99 A100% Electric 107: . 102 103 100 • 4%% Overland 104 100 3.35% Sioux City G & E 3.90% Union Oil (Cal) $3.75 101 110% - .104% 103 104V2 104% 105% 60 99.31 Other Issues 100%' * ' U B Conversion 3s——1947 1961 Panama Canal 3s V--*irV*. T7'-SV-a--v Ask 94 106 102 ."Willys Apr. 15, 1948---*.—-—--i 74% 93 3.50% Scranton Spring Brook 4.10% 100% 100 99% 100 3cranton 101% 100 Power 3.65% Pennsylvania 99% 100% : Electric 3.70% Public Serv (Ind) 3.50% Ruppert (Jacob) 4%% 100 101% 1976 Maine (H J) ;/ Monongahela Power 4.40% Ohio Public Service 3.90% 101J/4 1976 Heinz 104% .1975 27as Public Service 2 %8 99 73 American Airlines 3%% •Central ' 103 100% 10Q. Preferred Stocks— 100% 1965 1976 Yonkers El Lt 6c Pow 25/8S__1976 102 % 15 Bid Asb 101% 100% Light 2%s_1975 Utah Pow & Lt 2%s 103% • 1970;: 102 1961 2%s —— Illinois Power Co 2%s—. 1976 755 Bid 101% Texas Power & 91 Federal Home Loan Banks-* Figures after decimal point represent one or more 1946.. ') 84 Tenn Gas 6c Transm 2%s__1966 Calif Eleo-Power 3s—. 1976 125 % — 127 Bld Nov. 7,1946- Certificates of Indebtedness— t%s Dec. 1, 1946 *%B Jan. 1, 1947 Bid Ask .0156 0.33% b0.375 0.33% 5, 1946— b0.375 0.34% Jan. 12, 1946. bO.375 0.34% Jan. 30, 0.28% 0.33 % . .0152 .0225 .0173 .0237 .0220 .0301 t%s June 1. 1947 .0254 .0369 Bale—not .0225 .0356 .0327 .0475 livered. x Ex-dividend, y Ex-rlghts. z Formerly Alfred- Decker & Cohn .0194 .0358 1946, .0308 .0489 .0245 .0442 V/aS Oct. t%s Nov. 1, 1947 1, 1947 — 0.35% bO.375 0.35% bO.375 0.35% bO.375 1947- 0.35% bO.375 0.35% .0177 S%8 Feb. 1, 1947 t%s March 1, 1947 t%s April 1, 1947 •;,f%s July 1, 1947. t%s Aug. 1, 1947 t%s Sept. 1, 1947 0.35% bO.375 23, 1947_ Dec. .0215 .0114. b0.375 Dec. > b0.375 NOV. 29*1946- Dollar Price 100 Plus b0.375 14, 1946— 0.34% b0.375 19, NOV. 21, 1946— Ask 1)0.375 1946Dec. 26, 1946— Jan. 2, 1947—_ Jan. 9, 1947— Jan. 16, 1947. Dec. Nov. 32ds of a point Maturity— Bills discount at purchase Ask Bid .-'1 "-a Quotations For U. S. Treasury,Holes 15. SO Par Ask 90 Laclede Gas Lt 3%s Par Bid 1966 74 13% 725 Par Bonds— American Airlines 3s Treasury bills— TDec 45 47 Recent Security Issues Bates quoted are for tMarch 15, 1947. 15, 1947tSept. 15, 1947SBept. 15. 1948- .43 32%, 2.60 Uniled States Treasury ISept. - 31 605 78 • . 10 Westchester Fire . 114 28% 590 4 U S Guarantee 27% 100%: a 100 U S Fidelity 6c Guaranty Co..2 ; 29 25% 1Q Travelers 53 89 '27% 109% 25 Standard Accident 9% 23 70 "31?:;r: As2 69 Title Guarantee & Trust 1%3 100.6 V 100.10 99.4 99.10 99.26 99.30 103.2 103.10 1, 1950-1948 1, 1952-1950 Maturity— 24 46 20 Globe & Fulton Trust———— —100 190 205 Grace National—100 200 —. • Guaranty Trust —.—100 332 341 . Irving Trust . 10 17% 18% Kings County Trust 100 1,800 1,850 Lawyers Trust 25 49 52 Manufacturers Trust Co 20 57 Va 59% Morgan (J P) & Co Inc 100 261 267 National City Bank——12% 41% 43% • New York Trust—— 25 99 102 Public Nat'l Bank & Trust-17% 40% 42% Obligations Of Governmental Agencies z 6% 30 • 67 36 18 Philadelphia El Pow 2%s„1975 & Coke 3%s_1976 •, 43/4 27 -22 :>■ ^10 33 Fim,-.. Portland Gas ;• rv>, 84 10 Pennsylvania Electric 2%s May 541% 80 21% Ohio l%s Oct 95 51% 10 Monongahela Power 3s 1%S ;• 90 10 Newark—.——^—.5 of Montana Par •j ; 6V4 85 City Banks & Trust Cos. Par Chase 23 10 Preferred Accident 54: 168 . ——-25 Glens Falls Flre^—-8 3.34 13 i 79 General Reinsurance Corp„ .10 Gibraltar Fire A Marine——10 ; U S El Lt & Pwr Shares 69 65 10 20 Fire Assn of Phila • 5% Indemnity Co 28 Fireman's Fd of San Fran 6.55 21% ———12.50 Employees Group—— ——• Employers Reinsurance 10 Federal Unit Type Trusts— 52% 11% B Crum <Ss Forster Inc———10 Fidelity 6c Deposit of MA Diversified Trustee Shares— ; p —; —a.oo 26 B :p 'MW'i 9.11 22.18 * 24 .. 10 28% 50 —10 > 155 26% 49% v ;■ 6 %' 145 2.50 Northern 61 18% - 54% 5%: . 2 River 9% : 26 52% 2 Northeastern 58 7% 24 "v;i 20 Casualty New Hampshire l ire York Fire 20% 47 Continental Casualty— .20.29 Amsterdam North 10 Connecticut General Life 20.96 8.33 New "v 6%" "'J'' \ 10 23% 10 23.28 „ Preferred Stock Fund \ (Detroit)—10 New Brunswick City of New York 22.58 series A—- , ———————4 National Liberty National Union Fire 6% 21% Hartford Fire——— \0 - 41 5% i National Fire Trusteed Industry Shares TMra :' B namdan 2nd 100 Fire Casualty 60% 39 : ''"IV ' '' Monarch National 56.50 Hanover Brooklyn Trust 57/a ,!' 89c Great Bank of New York——100 26 1 - •New Globe Bankers Trust ——i—U——10 91 18 53.50 9.26 Bank of the Manhattan Co.—10 18% State Street Investment Corp— 18.84 New York 12% 86% 23% 65% 28.00 B-3—— 11% 5 Casualty 33 ■ 57% ""ff - • 12% 69 29.60 Seriesi..., 16 61% 25.53 . 30 63 28.27 .!■ 17 10 10 17.18 B-3 ; 2% ,_10 28 Independence Trust Shares Keystone Gustflan Funds- 35 Merch & Mfrs Fire N Y—( Bankers & Shippers Boston Wellington Fund 14.36 32 " 1.09 29.92 94 20 Massacnusetts Bonding Merchant Fire Assur • 79c 98c of America—10 90% Maryland 11% 13.70 S8c Stock and Bond Group shares- 15% 10 12 1.00 27 i4%; 32% ., 72c 88c Series 16 American Series'. O—. Investors Fund O...— *•4 10 B 12.66 Bank Group shares. iiiii 30 5 2% 1 10c Insurance Group shares B-l ..A- 4 Casualty Equitable —2% Union Series Automobile American 7.18 41% 10 Fire 21 Baltimore American 13.18 Series 19 American 6.56 ! 25% Insur Co of North America 104.01 12.03 15.33 76 American Alliance——^—10 American Fidelity & American of Newark Inc.,* Aviation Group shares 13.99 Homestead American Union Common Stock Fund B—. Institutional Securities Ltd— Investment Go , 19.17 6 Incorporated Investors 50% Ask 38% ? —.8 — Jersey Insurance of N Y |T 15 Sovereign Investors Standard Utilities Fund Inc —ids 48% 10 1 Selected Amer Shares 5.37 80c Home 101.95 Fund, Bid •': Par Hartford Steamboiler Inspect.-1Q 53% Clark 5.79 60c 30% ■ ■ 83 % 9.49 Pomeroy Scudder, Stevens & 5.34 shares- ' Ask 8.91 3% 5.26 Holding Corp. ; 1 Trading. Fund 4.85 Tobacco shares. Life ■Agricultural 3choellkopf Hutton and Petroleum . 12% Bt Louis & Ban Francisco com-. 51 12.66 8.10 Tobacco—— Steel shares— Common Aetna 7.99 • 47% 80% - 8.63 10.44 1 17% com 73 -'^.r-- 11.52 Steel 9.95 8.24 shares— Income Foundation -6.92 Railroad equipment 7.62 Grande — ..^Preferred 7.44 9.19 Railroad Huron 13.17 6.76 m——mrmTTZzn 7.27 Equipment shares stock shares 11.99 Public Utility 8.36 8.72 6.28 6.19 6.93 94 52% Bid Par , 11.20 - Rio Insurance Companies 13.92 9.76 5.62 Railroad Bond sharei ^Utility ' 11.01 10.20 Mining shares i - • -mum* Machinery Merchandise shares 5 - 10.02 Merchandising Low Price Shares , l,i, it" 10.99 7.26 — 92 50% ■ , 10.00 6.60 Industrial Machinery sharesInstitutional bond shares—— ■ 75-year 4%s Electrical equipment— Insurance stock-..—........ 9.18 Investing Income 8.88 8.35 bond shares & Preferred 13.12 12.67 8.03 , Denver Bt Louis & Ban Francisco— 11.01 • «>«■, 6.92 shares— 92 ;■ 9.91 10.02 i 6.29 Food shares 90 $ 21 58 14.86 7.30 — 6l 4%s 11.66 9.01 Equipment-......... shares Electrical Equipment-.—— A 10.61 13.53 Diversified Speculative 8.44 7.68 59 v 12.30 Diversified Investment Fund- Chemical shares RR — Business Chemical t ..2018 ■7v7;''."'.-;V:::'-v'.V"ir- — Chicago Rock Island Ac Pacific— > Common — • 5% preferred -100 83 ; 1st 50-year 4s atocfc—*.,-«V'.'ii........... Bank 80 7.55 ——- Building supply— 6.26 5.96 Building shares % Aviation- . Bid Stocks 106 ' 1st 3-48 Income——^—1993 13.04 6.86 11.19 Automobile shares- General 11.87 Stocks Ino— Agriculture : 42.67 ' Group SecuritiesAgricultural shares Administered 6.56 17.44 . Ask 1st 4s—1994 *104 income 4.30 5.91 Bid Denver As Rio Grande— v New York 6.53 ; 3.85 16.57 1 Par Conv - Income 4%s-^.—*.2019 4.22 Stock series 6.431 14.51 FundFundamental Investors Inc Fundamental Trust shares General Capital Corp—— General Investors Trust—. 11 ; 8.83 New England Fund 41% 5.76 Mutual Trust Fully 2.15 1.96 38% First Boston Corp . ; 3.79 ' n-v Chicago Rock Island & Pacific— 7.66.' 'i 4.58" 7.99 Speculative series 26.52 24.81 Fund Aviation 4.67 (When, a* and If Issued) Bonds A Preferred stock series Fidelity Fund Inc Financial Industrial Fund, Automobile 6.96 , Selected series HowardBalanced Fund First stock V."' Low priced bond series Low priced stock common— ' Eaton 6c Stock 1 series Industrial 5K —— series Income 155-v.':-- 150 i—100 Commonwealth Invest————1 Preferred Bond 2,740 Securities com—100 : 5,640 Christiana 1-953 15.38 14.03 Tel: 14.95 Trust———* Fund ^/ -■ 28.09 20.24 1 Fund——1 26.12 18.72 Century Shares Inv 7 • y, •» 40 Exchango Place, New York S, N. Y- 4'9.90 48.90 — 4.90 Canadian CO. ytlif? & Members New York Stock Exchange 5.89' 5.30 21.87 # Ltd illltSHASKAN 20.40 23.51 100.54 America Inc Fund ■ —— ; 104.73 Broad Street Invest Co Inc Bullock : 8Ya 15.78 ; pM A'- 18.60 K-5 Series '" — K-l__ Series 11.51 7% Oil shares— Ax^-Houghton Fund Inc Axe-Houghton Fund B Series Series S-l r 4.65 10.61 1 Foreign Investlng-lOc Assoc'ted Standard .34% 32% 10 Holding Corp American Business Shares 4.86 4.44 lVs Affiliated Fund Ino Amerex > 7.63 6.96 Aeronautloal Beourlties. American iCont. )- Quotations on Real Estate Bonds •Ask-', Bid Par a e Odd lot sales, b Yield price, c Cash saie. a v Inc.; name and common stock split on a 3-for-l basis. •No par dividend. value, ' tin default. • ' - e Ex-interest fFlat price Exchange, r Canadian market, s Cash (Un) Unlisted issue. wdWben de¬ DeXeersd delivery, Formerly Club Aluminum Utensil Co. k Remoyed to Stock included in range for year, t Ex-stock dividend. JThese bonds - - - are ». changed to ' .. ^ Society Brand Clothes — July 29 . subject to all Federal taxes. " ' lEx-liauidating : f.'V THE COMMERCIAL & FINANCIAL CHRONICLE 2320 M6riday/> ^ovenfiber 4, T94(» : THE COURSE OF BANK CLEARINGS 1946 $ Bank" clearings this week will show an increase' compared with ; a year ago. Third Federal Preliminary figures compiled by us, based'upon telegraphic advices from the chief week ended Saturday, Nov. 2, clearings cities of the country, indicate that for the At this center there is loss for the week ended Friday of 7.1%. a ■ Y i r 'Y:* " ' + 13.3 180,640,242 + 38.8 173,400,000 + 254,236,000 + 18.3 206,506,784 — 322,602,951 300,795,000 Pittsburgh!.- + 11.9 239,000,000 — •578,000,000 247,164,663 —— St. Louis__ 195,997,098 + 175,854,116 + 50.8 2,417,054 1,512,161 + 26.9 1,376,435 1.429,369, 1,748.181 + 77.1 1,945,726 1,465,946 t6,099,604 5,813,184 t5,010,632 4,292,244 818,067,839 687,604,344 ... $8,636,302,296 Reserve + 21.7 + 35.4 '3,712,200 +19.0 .641,253,764 1,481,154 2,703,713 jSujOflf 641,847,579 , District—Cleveland ;m 5.076.972 143,109,795 !—j, 114,205,765 + 27.8 14,652,400 + 47.3 221,813,612 16,958,600 2,703,777 + 41.2 2,257,121 6,066,673 4,377,562 221,737,172 + 38.6 4,045,781 4,142,844 256,344,033 :: • + 23.6 + 23.0 + 15.6 248,211,146 267,920,342 699,540,704 Columbus. 3,949,003 116,307,256 206,180,251 21,583,100 3.929.973 _ 569,986,421' +22.7 610,726,325 621,996,017 - ...—.-—4 ■' Ypungstown b Pennsylvania—Pittsburgh - ■ .— ) ___. Tfotal (7 cities)!. Fifth Federal Reserve 0.2 + West 3,397,762 101,167,516 3,224,300 . 227,833,593 15,509,000 1,974,960 1,705,517,065 District—Richmohd->- Virginia—Huntington-—2,081 Virginia—Norfolk + 31.8 ' Richmond r $10,901,451,902 $10,341,819,361 5.4 South Carolina—Charleston 2,028,625,778 + 7.5 Maryland—Baltimore 2,180,290,380 $13,081,742,282 $12,370,445,139 District 5.7 + ; of 756 6,667,000 99,125,866 2,688,653 — Columbia—Washington^ 2,222,419 Total <6 cities)- 5,995,000 6,249,000 44.1 95,607,407 91,550,096 2,031.937 140,990,769 32,283,718 1,877,818 156,037,767 + 37.2 35,738,548 +30.3 296,598,797 11,385,736 396,893,253 + 21.0 + 19.1 304,674,565 64,044,261 1,222,531 1,282,257 + 26.5 + 148)527.108' 46,677,691 176,837,765 ... + 43.1 1,454,481 8,435 000 142,805,818 —,————— + All cities, one day— L,—— 2,415,798 + 263,430,098 Mansfield ^ Total all cities for week 3.462,242 + 24.5 . 2,247,068,715 — 1,749,517 624,000,000 1,541,805 672,000,000 + 19.4 Other cities, five days—-—-——— Total all'cities, five days 1,705,215 627,000,000 • : 5.4 $8,654,383,187 * + 21.7 2,171,275 18.5 Cleveland :: 124,693,335 218,946,507 — •fen cities, five days 931,932 + 45.9 —_—- Federal Cincinnati 37-.8 148,888,581 ; ——---■ 570,188 719,309 1,511,390 Jersey—Trenton—.. Ohio—Canton . • Cleveland™ Baltimore--— 740,015 + 34.6 1,919,641 ^ Fourth + 18.2 365,586,040 ——f*—i-——-•» Kansas City. 469,747,851 647,000,000 Boston 396,005 571,576 3&203 ». Total (10 cities) 7.1 — 554,140,799 ^; 534,660 + 54.5 + 29.9 % $6,161,130,703 ' $5,726,354,813 — New v 1945 1946 ' Week Ended Nov. 2— New York ; ' 748,947 632,772 ^.'3,096,546 Wilkes-Barre York 7 ; :,Y-. Y-YY ' Clearings—Returns by Telegraph Chicago ' i ..■-Scranton-.^.wu.^.,.;.,, ,V;*. Our comparative , 1943 $ Disfrict-»-PhiIade!phia— — —.——- Delaware—Wilmington for the week follows: summary . $12,370,445,139 for the same week in 1945. total stands at $13,081,742,282 against 1944 Dec. % ..... " Our preliminary week last year. above those for the corresponding Y'Y Inc. or $ 1157, 111 822,124 Chester —————-.—769,549 Lancaster-.. 2,642,239 Philadelphia "■ 796!o0o!ooo Reading ^ ' possible to obtain weekly clearings for all cities of the United States from which it is will be 5.7% Reserve Pennsylvania—Altoona Bethlehem Week Ended Oct. 20 1945 • + 19.4 274,328,051 \ Complete and exact details for the week, covered by the foregoing will appear in our Sixth Federal We cannot furnish them today, in as much as the week issue of next week. Reserve Tennessee—Knoxville Saturday figures are not available at time of going to press. In the elaborate detailed Oct. ended For 26. there that week of 5.8%, the increase an was 114,232 in the week in 1945; same Outside of this city there was this center having recorded a- aggregate of We group in the District the totals show an Seventh Grand + 49,6 61,479,322 5,270,641 384,311 " Reserve The Chicago Reserve District 21.1 + 20.1 263,704 95,244,472 4,323,176 214,408 82,517.157 414,923,520 376,476,633 435,079,121 +38.5 I,121,288 557,811,; +101.0 Wayne.i.^+——^ / "j-: 5,497.802 + 38.4 + 50.8 3,574.006 ; + 62.2 + 43.0.. + 59.2*;;, 13,331,928. 31,277,000 2,803,235 11,680,666 44,888,874 26,460,206 3,540,402 25,751,522 2,238,087 + 58.2 666,073,822 S 7,811,482 Peoria. the San Francisco Reserve District of 5,084,817 9,736,407 Rockford 7,751,714 2,055,936 2,208,488 + 47.2 858,243,466 672,661,977 + 27.6 Total ill oities)^+——— " Federal Reserve . 1940 Districts $ 12 cities 1st Boston 2d New York- 12 523,824,391 • *• 10 — 3d Philadelphia 1945 . . " $ * 6,361,703,857. M 429,558,259 6,982,145,316 8)067,839 Inc. or 1,826,877 474,173,101 + 53.6 7,185,770 3,961,772 6,769.594 .2,095,886 2,300,630 2,321,207 628,657,176 594,736,198 + 18.1 . 5,899,903 515,838 5,580,701 2,020,277 1943 1944 : , Y '£$ 403,858)917 + 21.9 8.9 — - ' Dec. % 687,604,344 f 13,358,040 5,899,903 1,054,981 500,671,717 - i. SUMMARY OF PAN& CLEARING S Week Ended Oct. 26— 30.5 31,965,867 + 23.4 - ■ In the following we furnish a summary by Federal Reserve Districts: + 34.«' + 1,665,747 + 16,656,659' .+.73.6 3,249,745 1,092,011 « Decatur ; 3,663,249 8,765,881 31,669,733 1,975,535 + 25.6 3,568,194 Springfield 21.7%. 28.304>946 +14.1, 19,109,848 .8,958,874? 924,867 539,939,517 II,689,809 Illinois—Bloomington Chicago V 2,874,562 + 69.6 4,462,361 - 455,278 4,658,849 4,003,168 2,969,669 29,543,036 3,810,868 4,758,737 2,948,646 3,164,463 5,133,582 44,738,000 Sioux City & of 46.0% and in 435,387 7,606,542 Iowa—Cedar RapidsDes Moines ; D'allak^serve Disiiict totalS:show an^ expansion of 32.0%; in the 4,873,388 4,447,497 m. Terre Haute Wisconsin—Milwaukee 38,779,330 59,185,331 ? District—Chicago- Rapids^ Indianapolis 2,065,123 > + 319,886 93,088,197 602,738,988 9,156,774 40,803,976 137,000,000 2,431,358 + 45.8 4,354,028 .: 135,692,612 South Bend— In the Kansas City Reserve District the Minneapolis Reserve District of 32.3 %. Federal Lansing Indiana—-Fort gain of 27.6%, the St. -Louis Reserve District of 34.6% and the a 47,282,467 Michigan—Ann Arbor— improvement of 22.7% in the Richmond Reserve District of 30;3% and ihl the Atlanta Reserve District of 38.5%. has to its Credit 2,427,081 1,677,661 + 33.7 95,027,993 _ Total' (10 cities).. In the Cleveland Reserve- by 19.0%. Philadelphia Reserve- District + 34.9 the are smaller by' 8.9%, but in the Boston Reserve District the totals are larger by 21.9% and 2,001,572 51,786,430 63,525,203 3,714,116 Mississippi—Vicksburg &e New York District (including this'city) the totals that in + 49.8 *2,700,000 Louisiana—New Orleans. cities according to the Federal Reserve Districts in which they ate located and front this it appears 150,300,000 Mobile gain of 27.1%, the decrease of 9.6%. a *11,740,984 39,634,441 69,222,266 — clearings for the whole country having amounted to $12,388,670,857 against $11,713,- bank clearings at + 53.9 + 29.1 , — Florida—Jacksonville Alabama—Birmingham • 4'4,139,119 162,000,000 2,478,950 203,200,000 AugustaMacon* statement, however, which we present further below,; able to< give the final and complete results of the week previous—the week are 13,598,933 07,928.116' Georgia—Atlanta Accordingly, in the above the last day of the week in all cases has to be estimated. we District—Atlanta- __ Nashville , ends Saturday and the 5,360,876,573 641,847,570 5,313,812,196 + 19.0 641,253,76# ,> Eighth Federal ReservV District—St. Xoul»— 375,329,080 7 M 699)540)704 569,986,421 + 22.7 6 " 396,893)253 304,674,565 + 30.3 w-.-—. 10 " 602,738-988 435,079,121 + 38.5 414,923,520 i.-—- 17 " 858^43)466 672,661,977 + 27.6- 628,857,176 4 " 444,281,967 330,102,848 + 34.6 320,000,902 ** 336,815,592 254,779,090 + 32.2 223,857,337 r TexihesseeyrMemphisvli^,..,..!—, 316,672,667 7 222,597,265 246,000,000 93,982,886 102,215,884 181,400,000 74,467,981 + 35.6 i. 103,400,000 73,200,867 + 39.6 2,083,197 1,124,000 + 85.3 1,395,113 184,100,000 73,622,871 57,805,"796 -1,144,00® 444,281,967 ——„ 330,192,848 +34.6 320,000,902 316,672,'667 5.528,688 183,652,216 50,613,604 + + 26.2 71,667,255 . 594)736,196 Louis—— 'Kentucky+rLbuisVille' 376,476,633 1- J- tAnln Missouri—St. Q'r f 4th- Cleveland —— 5th Richmond 610,726)325 »296,598,797 . 621,996,017 -y. 274,328,051 > 63,538,534 „ 6th Atlanta^ 7th5 Chicago' 8th St, 9th Minneapolis 10th Kansas City— 11th Dallas 417,797,058' " 10 -— 6 " 10 *' — 316,485',836 V + 32.0 Total Ninth Federal' Reserve Minneapolis St. Paul»J 242,676,835 166,255,852 + 46.0 152,278,081 131,282,717 .686,086,907 563,690,603 + 21.7 526,509,194 498,098,344 Total cities — Outside. New York City- 12,388)670,857 H;713,114,232 —r~ 111 North 6,222,153,237 4,895,048,150 — 5.8 9,824,966,703 4,679,895,930 South Tent^ Week Ended Ocl ;. 26 1946 1945 $ First Federal Reserve Districts-Boston— : Inc. or Dec. % > Springfield + 40.9 3,033,497 + 20.6 3,333,080 349.255,683 - 1,735,643 1,453,624 + 19.* 1,244,068 + 61.4 559,966 560,164 1,440,028 6,401,581 33.6 + 1,367,449 Colorado—Colorado +34.5 4,138,277 4,946,809 3,299,780 + 41.9 2,710,992 2,799,807 14,825,395 + 28.8 16,057,183 13,259,531 6,881,760 + 23.4 6,745,159 6,037,774 +15.2 17,128,000 - - New Haven— Rhode New - 19,097,069 8,489,543 - Island—Providence. 23,071,000 Hampshire—Manchester—.— Total (12 cities),—— : 15,886,400 20,026,100 613,6ft: 916,026 *49.6 429,558,259 518,114 403,858,917 Eleventh Federal Reserve Dallas : Fort Worth Galveston 6,134,602 + 82.0 1,948,403 +* 5.0 1*165,442 €7,320,592 0.6 67,894,0^0 61,763,009 872,774 + 65.1 940,149 1,441,153 ———. 6,430,676 1,158,652 New 1,422,552 6,818,066,082 .1 16,431,906 Syracuse , Connecticut—Stamford New 981,027 6,166,517,660 •, ■ . > 12,087,263 Jersey—Montelair_.._—> 599,257" Newark Northern New Jersey— Total (12 cities)_ 9,623,244 jU , ; 11,483,388; 6;034,370 7,329,258 465,560' + 45.0 + + 1,416,626T 826,075 9.6 5,145,070,773 5,207j735,698 43.1 10,625,363 50.5 + 64.9 + 28.7 7,040,624" Y : 6,050,939 6,713,056 - 401,283 V; ' 807,729 27,401,733 36,196,097 + 32 S 35,307,075 + 9.6 38,626,221 35,859,176 «— 8.9 5,313,812,196 5,360,876,573 6,982,145,316; 3,176,730 + 29.7 + 30.7 + 58.6 + 32.8 6,569,637 198,228,398 6,262,974* 899,063 891,056 + 32.0 2,333,679 125,352,000 27,487,983' 6,20( 209,76£ 292,490,494 + 75.5 75,82i 2,95« ... 1 88! ■. ■ 3,109,262 136,005.000 + 45.2 + 5,544,755 + 41.3 1,580,853 5,263,396 166,255,852 + 46.0 152,278,081 131,282,717 83,680,177 + 17.6 + 24.8 3,745,702 + 31.7 76,336,530 r + 44.9 30,879,908 6,408,388^ + 23.0 + 48.2 4,693,653 ;• 398,959,000 +' 339,701,000 + 17.4 U. • 11,368,567. V + 38.4 8,216,834 —- V 3,575,821 ~ + 26.8 2,820,644 :.V>: '8,988,469 : : + 24.7 7.207,769 90,692,166 2,845,914 73,263,650 88,683,704 16,188,217 - — , 242,676,835 ' — San' Francisco ,v : San + 55.8 14,973,153 2,775,000 21.9 * Francisco— 98,393,261- , Santa Barbara rr —— Jose Stockton I I Total (10 Grand Total Outside New V {:• 2,117,618 7,836,565 • -- ' 2.051-628 105,411; 750 13,416,115 3,331,000 1,448,241 5,623,983 ' — 6,199,735 38,699,743' 6,361,703,857 •« 10,464,578 <— 34,734,397' ■ 72,397,565 + 38.2 Yakima 4,675,619* Oregon—Portland : 100,548,554 Utah—Salt Lake City-—44,743,992 California—Long Beach——:—— > 7,879,522 ' Pasadena : l 6,954,102 ; " York +33.2 ¥25.a — Washington-^—Seattle 1,051,109 ' Rochester . 316,485,836 25,221,015 4,113,000 2,581,665 - — Total (6 cities) 1,557,530 66,938,780 . ' Elmira 221 375,329,080 + —2,045,357 Jamestown 181 238,360 3,291,000 ———— Twelfth Federal Reserve District—San Buffalo 206,316 , 3,620,395 + 22.6 197,469,000 —————.——— r 11,162,545 87.1 1,050,913 f$455,590 — Wichita Falls- . Ybrl^-Albany^^--; + + 23.5 District—Dallas^* 9Pekas-L-Ausfin ••; * Y Second Federal Reserve District—-New- York— Binghamton 222,597,265 ' 599,215 21.9' 85,843,069 4,114,003' 5,738,542 206,998,670 6,956,825 1,116,914 - Louisiana—Shreveport 523,624,391 ——- 223,857,337 ■ + 24.6 . . + vr+ ' — — 3,493,693 1,636,361 : 1,567,202 •5,520,141 +43.8 417,797,058 -V 50,313,325 2,084,309 5,346,939 ^88,773 1,188,415 .4,761,299 4)683,283 Worcester;':: ^-4 Springs Pueblo +31.7 222,183 341,074 4,103,643 270,581,269 11,030,914 1,482,770 — Total (10^ Cities)— ■ Connecticut—Hartford J4.452,453 155,614,090 1,627,614* + 32.2 . 7,445,465 City- * 83.7 254,779,090 &G87.105 —— St. Joseph— ; +37.8 +52.7 + 5,023,079 158,181,775 48,280,485 3,313,136 - Iip68,686 — — Missouri—Kansas 1,457,672 587,810 1,927,404 .— Wichita 324,732,596 . — f ' Omaha 3,207,464 + 21.5 ' • f425,000 653,233 371,608,248 v 415,631 *068,445 Kansas—Topeka 800,946 Jfcr— 'Hastings '°mm" 1,027,107 949,002 . —sjiii---- Bedford $ 3,659,528 —— Fall Riveri-— New . 451,444,694 __—— Massachusetts—Boston Lowell $ Federal Reserve District—Kansas Lincoln 1943 'aim'1"'' '' "" Portland 1944 ; 2,453,009 .6,624,777 V 330,815,592 Nebraska—Fremont 'Y '■v , 1,447,618 —-— * — showing the figures for each city for the • Maine^-Bangor 9,510,633 ■— Ttotal (7 cities) week ended Oct. 26 : Eor foiir years: Clearings at*— 3,230,880 25.0 + 29.5 Dakota—Fargo—6,154,611 14,031,561 Dakota—-Aberdeen—3,444,284 1,875,235- 4,512,856,753 + , We now add our detailed statement . 6,912,006 —^— —' 237,829,977 * —. 69,733^201 Montana—Billings ..Helena-4+-. 9,720,592,451 + 27.1 ■ District—Mlnnedpollg— ; 306,351,32? 292,490,494 —— Minnesota—Duluth • Francisco 12th San (4 cities) Cities) +Y; (111) cities)-——— York —- 686,086,907 .12,388,670,857 6,222,15.3,237 •Estimated, -tNot included in total. - 28,667,666 a "4,281,870 2,312,688 78,116,112 27,347,460 TO,297,164 3,603,641 3,249.410 304,124,000 12.061,301 : 1,693,914 276,250,000 5,275,072 4,612,061 v 5,410,533 1,811,212 563,690,603 + 21.7 526,509,194 498,098,3 11,713,114,232 4,895,048,150 + 5.8 9,824,966,703 9,720,592,4 + 27.1 4,679,895,930 4,512,856,7 *' »tm&.iHwwioiiMUMmwt iw>wn>iin>ii .v, < • \Company and Issue— t •• ;•<"' >■••>;• iV. wdrlcL "We give *, . ■/■':r ; t t /' " -it' ' r, ' 1 [ Realty London Midi 5 Vas, series A 1 Co., Ltd., 1st mtge.'e'/a^ •," ' 1 vt; X.- < , 313946; >INCLUSIVE '<• OCT. 25/1946 TO OCT. v,/-v ; f, . '••• :•••; w: •• . ...... ..... ,;{ i •• ' \ . ..1 . try Country and teottetary Unit / .;/■ 4 v * I- V. >. . ' /• - , , , -/ > ' ♦* • - —-———w . ^ Australia, pound .•' • /.'." Colombia, peso__>.„rh~r—- ' ~ . .958515 < v .570066° y ; v "4.030390 : v.2105^726- —L—w-.--—.r--— l.oooodo *. /. * .958125 , ' " -4.032343 1 .008403 4.032656 /<■'/ '.' ; •205726 505726 - ® " .301554 .977893 1377893 ; NeWfoundlahd, dollar-- ; \ -_i Official : . .. -■-- ----: - 1.000000 ' ;—- .040501 Noncontrolled--—.—.— v /956875 V : 1,000000 .955625 .955625 / 31226000 .3.225833 .040501 . Alabama «./ .091324 • / ,4.005000 * i278207 4/ .091324 4}O05OOO , .562716° ^>562716 » — .638300* *562716*! • .562716* Oct. 30. 1st Oct. 31. 1945 1946 and advances — Certificates - + 23,000 — -i——.-t——i— 755,290 Total U. S. Govt, securities 23,607,676 + 552,819 ^ loans / and securities foreign banks— F. R. notes of other banks— 23,846,347 + Bonds , .•' - 'A8Sets^-^V/'//.'': v,.'.:.-. * Loans, ahd investments—total-— Bank 1,373 2,234,708 94,773 .32,647 37 premises Other "assets- -1 , •393,702 2,945: + 44,'806,881 ■" +,460,644:5;'^ I Total assets - ^Liabilities— < , V dealers for and brokers chasing or carrying: U. • V'*-.' ' ' "-K;' • -V Member bank-preserve acct. 16,111,318 U. S. Treasurer—gen. acct* / 462,199 V. Foreign _—.>««—•»—' • '687,985 /Other 317,787 XtepOSltSt v 4 • " *' ' + . . + ■ > Total liabilities —! — 1,014 hi,;...,! 1.,, + 44,143,301 . 18,397 — 13,736 -• . - 33,270 -249,537 184,653 + ". + U. • ■ , - gold certificate — —— liability on purchased for foreign . ;Respondents U. -263 20 trial loans *, . . - 43,2% 0.5 % •' 436 4* 8 ■' 4,079 make; Indus- t , 8,645 —————— 465 . + '+] 143 + 14 13 396 11 51 28 599 376 + + S. Government Domestic and —4,720 of . the Federal Reserve System in 101 4 ; — 1: + 39 + —241 1; week— '' 1'! '' + 1,075 4; 52 Extra —3,382 p—337 9,243 1— . i /" ■■ y.—16,308 — —■»."."//V. -V. ■/'"-• . j 671 Below will be fourid . leading / 23: Increases of $101,000,000 in loans, $376,000 000 in holdings of Treasury; bills, and $423,000,000 in demand deposits adjusted, and a decrease of $337,000,+® / 000 in deposits credited to domestic banks., ^/Commercial, /industrial, and agricultural loans in¬ creased $23,000,000 in 000 at / the Chicago District and $75,000,all reporting member banks. ,, ' , "Holdings New York ^ of Treasury bills increased $385,000,000 in City and a total of $376,000,000. Holdings of 4 197 + 17 + — - , , ' / .// 1 ■ Hotel St. 'George Corp.—; *. 1st mortgage 4% bonds, due 1950-.^—^. / J/; Treasury certificates-of indebtedness increased $57,000,000 in New York City, $26,000,000 in the Chicago District, $22,000,000 in the Philadelphia District, and $83,000,000 at all "reporting notes declined member banks. Holdings of Treasury $41,000,000 in the Philadelphia District Date / ' , PARTIAL REDEMPTION ~ Public Utilities Date . 4V5i'%. convertible debentures, Greyhound 4 Vi % /■///•/. : Corp.— due 1956—- Corp.,, ,3.%- debentures preferred stock ; . - • - >. American *• • 15c pfd. 11- 8 5c 11-15 41- 8 12-27 /' ' ,, (initial)./ 12- 2 ,11*15 11-29 ( 12-15 12- 2 12- 2 '11-16 $1.50 : 12** 2 11-16 50o 12-14 11-21 50c 12-16 11-15 12 V2C 1- 2 11-30 75c 12- 2 ,11- 9 ^5c • 12- 2 11- 9 40c, 11-29 11-15 $1 12-20 11-29 75c 25c , Bancroft t$1.50 2- 1 '• t$l, -2-1 */12- 2 12-16 Building ; Corp.—— 25c (s-a> ,..u//-**/+^, (Joseph) & Sons," com. (resumed). 10c $1 Bankers & Shippers Insurance Quarterly Asphalt (N. Y.)— ;/ r ——— 29 «•;! :/•::" ♦ 1 3718 31 2017 / * 2018 $1 Corp. (year-end/50c Barber-Ellis Co. of Canada, Ltd. (quar.//. 125c Basic Refractories ///+i—--—10C; Bastian-Blessing Co. (year-end) 5 ■ 40c . * Beaunit Mills,' inc. /quar.) _— '—LL ' 35c 50c /—...///,■•■ 1 $1 - 12-31 12-31; 11- 8 11-21 . ! 12-30 > 12-16 11-30 ',11-15 ,12- 2 11-15 12-10 12-20 11-25 11-7 . 11-15 10-28 ,,•'■!'■•; / 11- 6 11-18 /11'14 12-2 12-15 12-14... 11-27 12- 2 12- 2 Bessemer Limestone & Cement ' ;11- 9 Bethlehem Steel Corp; common—4 $1.50 12- 2 7% preferred (quar.) —./ $1.75 1- 2 Extra • _ (quar.)__ Ltd.^.—: 12- 2 50c Barber '•/••Page Jan 1 .'!/•//'' Dec 1 > y. Products, 11-20 11-16 $l , Corp., 12-12 11-4 ,.10-25 ,11-1 ,10-25 J50c 5c Co,, Vitrified 10-31 11- 9 '12-12 12-* 2-/11-14 /5c 75c Extra Bagley / 52824 ' 25c 15c Baker-Raulang i ■ . 12-16 Anglo-Canadian Telephone, class A (quar.) . $15c Atlantic 'Refining Co. (quar.)_ —37J/aC Atlas Imperial Diesel Engine— /: Series A preferred (quar.)./—/-i/—56V4C Atlas'Tack Corporation ^, 50c Avon. Allied Products '.••(quar.)./.———./20c s . 11-15 11-15 12-27 12-27 preferred Anglin-Norcross 12-10 '11- 2 J ,1- 2 . Page . 425c t$i:25 35c . — American Me,ter American Rolling / Payable of Rec. Share Ltd., common (quar.) ////-..//■//.; — '/ Mill, .(increased)— American, Thread Co., .5% preferred (s-a) —^ American Tobacco, clas B 4quar.)x_._/_/ '! Common (quar.) ______./ American Verre-Mural, Inc. (liquidating) v 6% Golden :When Per - __/...—4/./-/*.-///./--// American Metal \ ' Consolidated Grocers Corp., ZVztfv debentures,-/-—-Nov Detroit Steel Corp.,. 20-year 6% debentures ; ^-Jan Erwin Cotton Mills Co., 6£i preferred stock Dec General . .•'.' f , ; _Nov 12 Pennsylvania Co., guar, gold tr. ctfs., ser. E, due 1952_^.Oct 31 Sc. Joseph & Grand Island Ry.— kr j 1st mortgage 4% bonds due 1947——— Any time Company and Issue— ^ - J , Americahylnsplator Corp of Del.— Convertible prior, preferred (s-a) . K , ' ' - American General Corp, new com. a ^ ' ' Stores "Corp., ^4% Extra ' •/NOTICES OF TENDER Company and Issue— ' ■ 190 30 common ; -1 \ preferred (quar.). Brothers, common (quar.) $3 Convertible preferred (quar.) American Aroh Co. (year-end) Amer.: Drug & Chemical, preferred (quar.) American Furniture po. (quar.) —___ list of corporate bonds/notes, stocks called for redemption, including those called under sinking fund provisions. The .date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in Which the details were given in the "Chronicle." and '?tn vol,;~i«« Altorfer Notices preferred ~ Claps A preferential participating (quar.) 5% preferred (quar.) 1/——/——»—/ Acme Wire Co. (increased)—— Allied Kid Company (quar.) !Aliied: ^Laboratories,!:•'■'■ 239 — 2 /1 Allied banks—^ ♦ Further details and rec¬ paid. ; 65 — +.423 — 4,698 — :*Tn -Vol. 16T. Acadia-Atlantic Sugar .Refineries, Ltd.—* 47 + —113 39,690 deposits 4 Name 0} Company 452 — 4 '32. . 2,156 147 * Redemption Galls and Sinking Fund 4,966 /cities shows the following principal changes for the week ended Oct. • . given Corporation ^Investment Hews Department" in the week when declared." 4,079 Tbe condition statement of weekly reporting member : »' . The dividends announced this week are: /10,308 . ) Condition Statement of Member Ranks banks 2057 under the company name in our "General : , ' ord of past dividend payments in many cases are —3,205 — 623 1,308 Borrowings »—449 Debits to demand deposit "accounts except interbank : and. U. B. Gov't accounts, - 0.4% yV- -o " c > Dividends are 'grouped in two" separate tables, tin the which have not yet been 70 — 83 69 + — 2,128 ' — 1 deposits! ;/ during cor- ; 1947 • . first we bring together all the dividends announced the current week.: Then *we follow with ''a second table in which we show the divideMs previously announced, but 18 33 940 413 ; 4,458 123 2,106 /Foreign banks— 917,831 - ■ - / due DIVIDENDS 545 16 ' _/ tMs )«»«. .'•*nnoiincprnp"t in Interbank* deposits: 44,740 / / —.— Commitments .to ,; bills, 1726 St:.-Maurice.TowerCofp.— . 1st :motrgage 3%% Sbonds,:seiries .0.—-»---i//_Nov 18 '• -2nd-mortgage 5% ^onds^-—-^.^^,—/_—————Nov 18 Southern States Iron Roofing Co//•'.* 'convertible ^>referred- stock_u-v.v— — ' —Nov 20' (Including guaranteed Demand deposits adjusted re« note liabilities combined.:.-.. Contingent • : '1724 1 52822 + 3,356 —1,233 — 6,701 J 4,452 ;in vault—— Time '': serves to deposit and F. R. .4 1 2 1998_Jan A, due ser. mortgage 4s, + 3,453 ' Ratio, of ■-•//t/'/v/-'.// July -.>Dec i. 4/ / 2157 1945 + 101 certificates of indebtedness S.; bonds Cash 130,202 + 460,644' 44,806,881 banks—^—//—— •Balances^ {With domestic franks 12,128 v 1st mtge. >.4Vis, 2018 1722 /Trane; Co., Liabilities- — 1870 . - Texas; Power j» ingixi co.— f y , «6% "gold debenture bonds, -series A, due 2022——July 1, *47 ' 12490 6% preferred stock——. .Dec 1 ,1638 (—) Since Oct. 24, '+ .75 obligations) —,27,233. Other; securities-i———--^—. -,»-;-•»/* "-3,41-7 Reserve with Federal Reserve Banks— 9,961 819,978" +• + - —2,239 ■*< T:; - .'Total liabilities & cap. accts, - — loans——. Treasury 2,195 + .Nov 15 Hiram Railway Express Agency, Inc.— ' ', -Serial-notes, series1-JlJ due -1947*1948//——————Dec ; *1-»•*>••»• 412 obligations Government Treasury notes 'MM .Z_'i S. -Treasury hills-—; 408,89.7 "— 1,602 . Other 54,108 + *?h,yr — and , series A, due 1970—— — !—Nov 18 Pennsylvania Sugar Co., 5% preferred stock, par $10 Dec 31 1st /658 " 117,531 ,+ 48 > 358^355 27,428 92^44 — • " 51513 . Any time pur- Real estate 4oans__--_—- Tl1 • Capital Accounts— + • Inc.—* Northern New York utilities, ^Inc.-*-* • 1st lien & ref. 6% bonds, series B, ; ///''Other' -secufitiesi -Loans to 387,906 458,994-\.\+ • Capital paid fin--—f——««„-' Surplus (Section 7) Surplus (Section 13b) Other capital accounts——-. : ■ + 152,688 + 458,655 1,980,286 Other llabs., incl. accrued divs. 92,953 + —118,944 17,579.289 ,deposits Deferred availability items ' 331,958 + r Total 17,722 :/,+" 354.9,78 4 24,569,990 « Berial debentures ,du© l947-i956, -lnclus'ive/—-—//Nov TB: International -Paper Co.— . 1st and refunding mortgage 5s due 1947— —Anytime - ^U. S. 'Government obligations^!.-* Other securities ! - 917,831 " _ notes Reserve Sons, Z Northwestern Public Service Co.— Other loans for purchasing or carrying: Federal & Norfolk Southern Ry., 4451 9,622 to Loans / : ■ 15,732 loans .11,064.. Oct. 16, 1946 58,768 Commercial, Industrial, and agricultural +P " 1,077' — .--.,'49,741 ^ 12,208 f + — 1946; - --———.-— Loans—total .125,039 Items Uncollected 128,762 + ' 1 £{ < . . International Telephone & -Telegraph Corp.— * / Increase ( + ) -or :./ /-Oct. 23, •■ , 541,598 - •; ' '4V2% debenture bonds, due 1952— / Merrimac Hat-Corp., preferred stock of reporting Decrease |^T.' 4* -331,508 92 from Ry.^— 1 , Nov 5J/a% bonds, series A—Walker-GoQderham .& Worts, Ltd., Walker . " millions of dollars) (In >4- -Total : Due Dec t . bonds— mortgage . 222,102 i'«T' — 1st mortgage ^ *-1,230,050 690,100 -i: t Notes -: 245,840 6% Northern Hiram •: , A summary ,of the assets and liabilities member banks follows: 1,537,820 7% Drug Co., *4¥t % gen. -mtge. gold bonds, series E, due 4977—/July 1, '47 Gypsum, Lime & Alabastine, Canada, •Ltd.-*-' , •>* •••"> , in fcNew York ' + 9-575,818; 14,710,285 7,452,001 •;-/ » Borroyrings declined $38,Q00;000 in New York City .and $30,000,000 at all reoorting member banks.v ' Bills' r \ 46,187 . 201,469 1,277 49 + securities: Govt, U. 8. •f 10,470/! v • 1717 ♦ a " in -all districts. 349,131 + 7.282 + — •1,084 loans Industrial 17,268' ■;+' 6.002 + 289,761 237,587 — 331,863 /+ „„ 18,228,546 feseryes.--- gold ctf. Total 778,118' Other ^cash.'w.^--/— Discounts : 5,002. + 17,450,428 R. -Nov 15 -'1867 adjusted increased in most of the districts, :'the-; principal increases being $302,000,000 in New York Gity, $54,000,000 in "the Cleveland District, $42,000,000 in ;the Chicago District, $37,000,000 in the Philadelphia District, and $33,000,000 in the Boston District.? United / States. Government /deposits increased $52,000,000. Deposits credited to domestic banks declined (—) Since Inc. ( + ) or Dec. Oct. 23, -52142 !•-• -1590 v 1590 7 City 'and increased $35;000i000-in the Cleveland District; net change at all reporting member banks was -iLssct's~~' Oold certificates $71,000,000 1581 •'": 1 Nov 15 preferred-stock— / Dierks Investment-Co., 1st -mtge^-es— / Gibbard Furniture Shops, Ltd.—- the nominal.,. —Feb . mortgage 5% % Crown Demand deposits ?Mp,' 1946 declined 29 ___Nov Z:/* ' : 2 Holdings of United .States totsd. ol $69,000,000- a page 1951—Nov -22 2149 —axtfi M/47-1325 preferred-stock, series A—--— Paper Co., Ltd.*— -./-v.-;.•;!'•' ':'• -'/ v /1st '(closed) Government bonds due •'• / "Date ;/Consumers Co. (Del.), $3 preferred" stock—ww—Nov .562716* ! 4Vss, ■ ':■ " mtge. 1st Co., * "2061 due 1952_Nov 15 bonds cr debenture stock*——Jan .... thousands of dollars) ■ / serial notes, series M, 5% Cumulative ^6% ' : - -v 5% gold debentures, due 1953— / .658300* .658300* S627161// /658306# ..658300* 2058 xti38 1 '■ - Butte Eleotrlc & Power Co.. 1st mtge. 6s due 1951—Any time / Columbia Gas '& Electric Corp.— !/:.,y-;:'- •■■ / Cumulative preferred stock, 5% series-/-/ .—Nov 15 .233629 14.005000; Gas Consolidated i | ,,„rn4 Reserve Banks Combined \ F. New of ;/ ///':!! •!.■•: American, 'British & Continental Ct tp.— *040501 ,278214 1233629 . / ,.233629 41005000 ' , .278207 .233629 +201612 .040501 1091324 r •278157 14.005000 aud Sot RR. tntge. bonds, series A, due 1974——Dec 1 pfd, stock of no par value ;_Nov 30 Eastern Ry., -1st moetgag^ bs— Aluminium, Ltd., 6% preferred sto 'k— 3.225833 / -.201612 .201612 " x .091324 ! .233629; Statement of Condition of the 12 Federal fund debs, due -1989—. .-.Dec Terminal + Aigoiua - 1040501 .278171 " . .956875 . .201612 • < - 3.225500 .. ,201612 -.091324 - ^ 1.000000 .1.000000 1:000000 Great Redemption Pacific ENTIRE'ISSUES "CALLED °°Temporarily omitted. (in & Bros.. Inc., 5% Company -and Issue—* J>'« ^ //•Nominal rate. ; " .040501 " Switzerland, franc—^4.——*, *, ' •E.33u^ Union of Soiith Africa, pound-^— .— ^.QftSOPO ■y (A. G.) Pacific-Missouri .377893 ' , 3.224666 krona-^-/ii--^-w-/'iw---^---—-~..^ < t '/'' ' Spain, •.peseta—^-:—^- Uruguay, peso— ' .956250 /^01612 Norway, krone--v-i-^^---wi^-w--,--j-%--.-i«~i»^ • Portugal, escudOw._-iw----_—.----:-^.----.w-------.-' k /-: •; -I.OOOOOO ^ -.955625 3.224000 —- Ne# Zealand* pound Sweden, • Collateral trust 1205754 . * United Milk Produots Co. • Fr— 2 — '/•+' :, Dec debs,, due 1949 JDec 1 Copper & Brass, Inc., 1st mtge. 314s, due 1960_Nov 15 1950 1958— Colorado, 4% /Virginian Corp.— / **t /205743 1377803 ! due due of Co. .Orleans,,<3%% :008409 u- 1 1 Spalding 41032265 ; ; .301554 1 1 Dec Dec Service • Texas 1008409 / .301554 series, * ♦ * Dec mortgage bonds Revere .020060 ' , .205726 •• ,377893/ - 1st /208765 .208765 .008409 .301554 .. : .020060 :020060 .208765 bonds, '4Va% mortgage Public 1570066° v ♦ • , series B, 4Va%', due 1950 "1st mortgage bonds, series C 4Va%, due 1950 Poli-New England Theatres, Inc.— ,958125 ! /■//•1570066* ■! '•■ 1570066° ■:! .020060 Pittsburgh Steel Co.— 1.000000 ?•!/.;' 1.000000 < :959375 • ;V:<r ^ fv'-i . Italy, Mexico, peso— 1st mortgage bonds, ' .008409 .301554 ' Netherlanda,guilder^-_«— 1st ' \ .251247° .054053 ; 1208765 / ,,41031718/ . 2056 2157 1 Jan Oak Manufacturing Co., .297733° .022799 - 208765// Odt. 31 .022801 ,570066° , /: :/-.• .020060 ' • 1874 1874 .054053 // 1 I .054053 ■>'.l.oooooo : <959375 1959 * 1874 14 -.022797 " ,C2whoniovakio,.koruna^---^--r------^r--/-r--i-^//;'^v^080y^.i;./ Denmark, ■ /vM -^9208765^^ *:• England, pound sterling ; .4.029843 : ; ; France (Metropolitan) franc-.-———1--—:—1~;: ;008409/ : India (British)/rupee-^,-,-—1— —>—„ ■ ^Qi5^*4" . . • ■ . I960——Nov 15 England Lime Co., 3%-6% debentures due 1966 3.212946 .022794 i.OOOOOO j. - 1725 . 6 3.213113 (3.212946 .054053 ' .022791 r-: - .251247° .251247° .-251247* ;■• .297733° .297733° . 3.212613 1.054053 ■. 1.000000 .9581-25 Free__'„«»^»^—. ' .251247* .054653-? —+--/ ; /• ;? .297733° 3.211783 /^0227$/ —— /..:••../// Offldia//////i //,•;/... • , i—— 8 ; i/; .297733° » 1 .'Nov 45 /Niagara Falls Power Co.— Oct. 30 Oct. 29 Oct. 28 $ >5 jgy/ .297733*'- •■■ .251247.^ # 3.Rlll6,g^ ... • Canada,-dollar<+- - ■ Argentina, peso-*v OfficiaL^/-.* Belgian, fratic_J Brazil, cruzeiro—:— - Oct. 26 4 * ! pec Nov New ' /; Value- in tydteg Staje?:-Money.-„ I " ■. f .'/'v/Zv/,;.,^ //// • Sot"CableTr&nsfets in New York 'Bate 5% Ugnt co.. • ' 1 1 1st and refunding mortgage S'/fes/due 1966— Dec 11 5% conv. debentures, due 1955JDec 1 Philadelphia Transportation Co.— •1st and refunding mtge. 3%% bonds, ser. B, due 1970-Dec 1 "• • ' ' . **Noon ' 1960— preterreu stoca_/ Light, Heat & Power Consolidated— 1st mortgage and collateral trust 3VaS, due National Container Corp., 5% debentures due ' •' i 9»f bonds bonds, -foreign series, -due RR., 4% 1871 National Dairy Products Corp., 2% % debs., due 1970—Dec National Vulcanized Fibre Co., 414% debs, due 1960_^__Nov 1 -v.-;..: :■ •• • ■ Jan ,__Nov Montreal TREASURE tJNDfcR #ARlFF.iACT OF FEDERAL RESERVE BANK TO / FOREIGN EXCHANGE RATES CERTIFIED BY U >// Page ... 1 preferred stock conv, Corp.— Minnesota Power & ' ...'Date . 7 1st-mortgage - / ,, 1st and refunding mortgage bonds, series A, diie 1950_Jan Lake St. John Power & Paper Co., Ltd.— countries of the rate for cable transfers in the different Secretary of the Treasury the buyihg below a record for-the week; just passed: tifying daily to the , !Nov Service Indiana of 1630, the Federal Reserve Bank is now cer¬ requirements of Section 522 of the Tariff Act ; Hydraulic Press Mfg. Co., 6% , Pursuant to the 2321 FINANCIAL CHRONICLE THE COMMERCIAL & Number 4539 Volume 164 , 11-30 11-30 11-12 11-15 11-15 10-30 11-12 12- 6 „ THE COMMERCIAL & FINANCIAL CHRONICLE 2322 Name Carpet, Bigelow-Sanford 6% common—. 12- 2 12- i 6 Vic 11-15 5614 Bower Extra Bruce L.) (E. preferred 33,4% Die Buell Machine & Bush Terminal .11-15 125c 1-15 12-23 25c 12-10 —_i— 11-20 93 %c 12-10 11-30 11-15 10-31 11-15 10-31 ' Canada preferred Class Car A & Oil Arizona preferred ^$6 i'v Belt Engineering 25C 11-1 $1.75 11- 1 $1 11- IV (accum.), A 1% & 4% Collyer 15c 11-15 15c 50c 11- 1 Standard Extra; kk$S Crane : convertible 4.%% Croft Co.—* T, 1 12- 1 50c 12-1 11-15 5 50c 12- 1 11-15 Quarterly McGraw-Hill 56 Vic 12- 2 11-15 Metropolitan preferred Delaware 12-16 11-8 $1 12-23 12- 2 12* 1 '11-15 12-12 11-12 50c 11-18 $1.50 $$1.50 1- 2 11- 8 . National 1-1 . 12- 2 35c 11-15 —* 12- 6 11- 9 11- 5 12-15 12- 12-20i National 35C 11-20 11- 35c 12-16 Cement 7% 6 Extra ; $30C 11-23 10-31 $87 Vic 12-1 11-15 10c ,11-15 Durham Hosiery Mills, 11- B (irreg.) preferred A (quar.) 11- 11-15 11-5 11-15 11- 11- 10-25 8 v: 5 - . ;——— $1.50 — 1 75c 11-15 11- e 30c 12-10 75c 11-25 11- Electric Furnace, Class A (quar.) "Electroliix Corporation. . (year^end)^—— 65c 11- 1 10-18 75C 12-16 11-12 Fair 25C 12-12 11-30 50c 11- 1 10*28 20C 12-23 12- 6 4 20c 12-16 12- 5 30c 12-16 12- 5 Eagle-Picher Company Eaton Manufacturing Co. (The) River Field 6s Works Gas — . Stream ; (quar.) Shops,, Inc. Extra (quar.) publishing —- 6 ■: 12- 2 65C (M. H.) 12- 2 Extra 12- 1 25c 12- 2 (quar.) General Mills, General Steel 3%% conv. Castings, $6 12- 2 11-20 84%C 12- 1 11- 8"* 11-15 Goebel Brewing Extra Good • Humor 11-15 11- 11-15 11- 12-12 11-15 — Hallnor (increased) Cotton Hammermill Ltd. Co., Paper Co., preferred (quar.) 4Ya cIo preferred (quar.) Hancock — Harbison-Walke^ Refractories, com. (quar.) preferred ^Iquar.) Hawaiian $12ViC (irreg.) 5% preferred 3% % Howard v . preferred Stores Stock 4V*% Y.)— 11- 7 11-29 11- 11- 5 $1.75 11-15 11-5 3- 1 12- 1 11-15 12-14 85c 12- 1 .11-14 75c *12- 2 11-15 $15c 11-30 11- 12- 2 11-11 12-10 6% 11-20 7% 2 12-14 5% $1.12% 1- 2 12-14 12-30 3% 11-15 3% 12-30 common - 12- . 11-12 2 1-20 1- 11- 7 11-15 — — —— 4% 2 j 40c > 9334c 12-31 1-15 12-31 37 %C 12- 1 r U .'•« r. A «i> rjK- K3.i y- Roller Stock 1 11-16 -11-15 Ryan 11-16 -12- 11-10 9% 12- $1.06% 1 .12-10' 50c : io-3i$10C , 12-31 11-16 11- 9 u 1 12- 2 iV •. f preferred Co. (quar.) Bit Rand Inc., dividend (interim) V. 10-25 Seaboard '.**• $1 Sears 11-12 Finance Co., preferred Roebuck 12- 2 12- 7 12-10 _. . pfd. ? quar.)...—i' f • • 1 ? (quar.) Ltd. //. 2 ' 12- $1.25 (quar.) 25c (interim) 2 11-15V 12-10 11-22 10% 2 11-16 1- 2 12-16 680 1- 2 12-16 50c 12-16 11-15 25c A 12-13 (quar.) 4.4,....^—. (N. J.) Printing & Lithograph, preferred (quar.) preferred Steel 12- $39 22%c preferred—.———- (irreg.) com. 12- 2 12- 1 11-15 1- 1 12-14 $1 $1.75 12-10 11- ft 11-20 11- 4 $17%c 12-16 12- 1 12- 5 11-15 11-27 11-12 $2 62%c —. (quar.) Ltd.—, Stockyards- Corp. (year-end)...... Corp., 25c (year-end).- '" V-:75C?' 25c 12- 9 11-25 50o 12- 2 11-15 20o 12- 1 11-15 $5 11- 8 11- $1 ; —, 12- 2 - 12- 2 11-21 4 -j 25c . ; 11-29 11-15 11-29 11-15 Wesson Oil 6s Snowdrift Co., Inc.— ;/ / $4 preferred (quar.).—$1 12-2 10-15 Acme 12- 1 12- 1 12-10 11-25 a 12-17 1-2 11- 8 75o 12-10 11- 12-16 1- 2 ■r' 9 -v', -.: When Share Holders Payable of Rec* ?r sa 12- 2 6c 11-15 11-15/ 20c 12- 13%o 10-81 2 11-15 ?1-15 2-1 $45c 12- 60 2 10-31 11- 6 10-31 >11-1 11-21* 11-15 1O-30 11- Business (quar.) 25c ... Shares American /...» 11-15 Can Co. preferred 11-20 11-20 11- 75c 11-15 10-24* k $1.50 12-11 11-15- (quar.) $6 pfd. (accum.) (accum.)— American General $1.75 ^ American - ■6% American ; Hide Home New common / /.; preferred American News, 7% ■ preferred American 1' 11-15 11-15 75o 12-1 11-15 kk) 750 12- 2 .... 1 (quar.) Common 7% « -Y 12-2 /50c 1-2-47 $1.50 (bi-monthly) 25o $1.75 il— (quar.)! /' .*•' Sanitary-k " !"..". < . . . , , . '■ 12-16 $1.75 25c. %1 // 10-29 ... . ■. , 12-28 11-2? 12- ll-lft 1' 11-15 II- 4 ll-15 11- TOO I kU-3a - 12-16 1112- G 11-15 ".A: 10c —r.— (quar.)..: - Z 11-15 - 11-15 , 2: 12- 1-2-47 *•' k 20ck • 11-14 12- 2 31%c (cfuar.) • 12- 12-16 15c (quar.) American Re-Insurance (N. Y.) (quar.)!^* American Ship Building Co... ...!_. American, Smelting -& Rofinlng..^!J.^l ..kJ '-5 ?: -.3 , 12- ft k 10c —... preferred k? f American Radiator & Standard ! 12- - (initial monthly) common .. 50c Products— Pulley Co. 11-36 12- 1 Co., common (resumed) 6% non-cum. preferred American Investment Co. (111.) (quar.) preferred ' 62VaC | American Ice 5% 6 11-15 12-14 1 Leather— & convertible 11- ft 12-11 25o common Corp.— $2 convertible preferred (quar.)... $2.50 convertible preferred (quar.) $3 convertible preferred (quar.) kk •' 10-15 3c 25c ' American & Foreign Power, $7 7 11- j ■ — -. 8 5 $50c ; '/ American Fork & Hoe, 11-,ft..: -a ,-r (initial s-a).... quar.).....—... common Albany & Vermont RR. (s-a) $1.26 11-15 Allis-Chalmers Mfg.— 3J/4% convertible preferred (initial quar.) 81%o 12- 5 Alpha Portland Cement—,.—y $1 12-10 Aluminum Co. of Canada, Ltd.— 4% preferred iquar>) $25c -12- 1 Aluminium Ltd., common (quar.) $$2 12- 5 V Extra •. $$1?.. 12- 5 ■ 6% preferred • 1 $$1.50. ?; 11-29 ,, 11-26 12-12 . ' Special 12- 4 12-10 Corp., American Box Board Co. 10-31 n 12-16 . (initial Aircraft American 10-31 "V 12-16 12-27 >l 12-4 11-20 r*: 12-27 , 12- 9 25c $1.25 .a ;i 11- 2 , 12- 9 37%c< n «a tt /» ..a 11-12 12- $1.50 ( k? ,55c convertible preferred (quar.)k—«!w, Agnew-Surpass Shoe Stores (quar.) Aircraft Radio -Corp.......—• 11-11 U-3.5, 11-15 11-12 .i,!—. of Company Industries Aeronca 12-9 11-15 11-15 11-22 iOc-> 2 11-30 11-30 $2 (quar.) — 12- 11-18 25c 35c (quar.) Per Name 11-18 ■ 30c' Paper Co. —— Acme Glove Works, Ltd.— $1 redeemable preferred > , 12-121-*; 11-21* 12-23 v 12-14 1- 2 $1.12% preferred Products Chlorine Extra ,11-15 11-13 11-15 11-15 ' 1-2 m.it 'j D.) participating Whitaker 11-15 11-15 11-22 12-20 12-20 25c .1 11-18 2 Westvaco 11-15 1 >. 25c ! 11-20 r 11-15 12- 11-20 v ...... 11-15 2 i U 1- 2 (resumed).." 12-16 8 preceding table. 35c vV 5% (quar.). 11- 2 7% 12- 5 10-31 >• 12- 1. -• 12-10 12- V . - ,, Mines, .... 12- 2 12- 2 f 12-31, 1-15 • 1*15 12- 2 12- 2 12- 2 Amulet Below we give the dividends announced in previous weeks and not yet paid. The list does not Include divi«* dends announced this week, these being given In th« $1.12% " $1 12%c -V, 10c Vu'ij ."m *t tits. pfd." (quar.) conv. Cos. Weston (George), Ltd., 4%% pfd. (quar.)— $$1.12% Westinghouse Electric, common (quar.) 25c 1 k . *■'« r~.'- 11- 12- 11- I 12-20 11-20 ■ 12-2 50ck v —; Extra L, 11-12 Corp. $3 pfd. (quar.)—c 75c Company, com. (year-end) $1 $4.50 preferred (quar.) —k— $1.13 Washington Railway & Electric Co., com.—-. $12 Participating units ————.....30O ^ • (quar.) Co.(quar.) ll_— L'(quar4) 11-12 11- 4 12- 1 1-15 12- 2 12- 2 12-2 12-16 25c '1 - B Piano 11-12 2 2 11-20 11-11 56%c (quar.) t Servel, Incorporated, common $4.50 preferred (quar.) 2 1212- 11- 4 11-13 12- 2 $1.37% $1.50 $20c $$1.50 $75c. (quar.)_._ Shackleton 12- 8» 8 (8. 11-21 11-15 . common— $1.50 pfd. A 10-15 11- (Northam) 12-1 11-27 12- 1 25c • (quar.) 11-20, 12-/2 8® Warren . / 10-25 Warren ■ rll-19 10-29 10-29 11- 7 11- 8 $1 Co. 11- 11- 1 Ltd.-!—^ $25c Walker (H.) Gooderham 6s Worts, Ltd.— New/common (Initial)—f30c ; common..—. Shops Safeway Stores, common 5% preferred (quar.) 11-29 Victoria Bondholders Corp., com. v. t.c Virginia Coal 6s Iron (quar.)..—.— 11-19 11- 1 11- 1 $1.75 , preferred Aeronautical Lines Co. S. 'Waite 11- 9 12- 2 50c Saco-Lowell V 11- 50C 62%0 is A k A Coal — 11- 1. 12- 2 25c (quar.) • 1st 11- California— Valspar Corporation (initial) Vanadium-Alloys Steel Verney Corporation (quar.)—.t ..k $1.75 $1.50 22%c $2 $1.12% (quar.) Rochester Gas & Electric, 4% pfd.. F (quar.) Royal Crown Bottling, 5% pfd. (quar.) 11-12 1-15 12- $1.25 pfd. Grocery, 4%% Company (quar.)! non-cum. Remington " 1 (quar.) ; Refining Co. (increase^)—'—,' Company (stock dividend)-!.— & of Universal Consolidated Oil Co. 11-15 M.) 10-25 11-29 - ...... ■ Co. convertible United 11-15 ^ Reading Company— 12-13* 11-14 (J. Ray-O-Vac 10-31 11-25 Y Radford 6 50C a-ij, 11-11 11-25 v preferred (monthly)50c preferred (monthly) — 68%c preferred (quar.) —.— ' 41%c $4.50 (increased)— (quar.) convertible preferred (s-ft).......... Finishing Co., prior pfd. (accum.)... S, 7% 12-3 12- 1 Indiana, 11-12- 11-11 /10c. preferred United 45c 12- 1 3%% preferied (quar.) 87%C • 12- 1 1 11-15 kPublic Service Co. of New Hampshire—vk '.V-kk,' ¥ 3.35% preferred?; (quar.) 84c 11-15 .,'10-31 11-15 25c 1- 2 - k , / (quar.) Public Service Co. of 12-1 ■ lo 10c U. S. Steel Corporation, common.^.—.. 11-15 12- 1 Public Service Co. of Colorado— 8 50c Co. Molasses, * 11- 8 11-12 - 1-2 35c ........ common 11-15 ? Mining!.. l>: 8 11-25' 5% 11-20 25C 5V<2% Power, 12- 1 ' 11- 12-10 U. • Electric preferred 11-22 11- lOo- Oil $3.75 U. S. 10-28 11-21 40c , 6%/lst preferred (quar.).,i —.! 6% non-cum. partic. preferred (quar.)— 1- 11-21 (quar.)- Co,—... !-—!-—- Power Corp. of Canada, 12-10 93%o com¬ ' B 11-15 11-15 - Electric 11-29 (quar.).i..—37%c class A preference 13c ^ Co. U. S. Leather Cp.— 4% non-cum. class 11- 9 11-* 9 ... $1.50 Potomac 2-14 10c Imperial ^Tobacco of Canada, Ltd.. (interlm)Associated Telephone Corp.— $2 preferred *(quar.)— ; Indiana- Steel Products (Irreg.). .i- 11-21 . ' Insurance Class > 6% 34%c Indiana \* ■■ m 12- 6 45c Poor & ■ 8 11-15 . ,f Corp., common (quar.) Corp., dividend Zinc 25C 30c preferred Illinois 12- 2 50c 90c - ; Oil 1 11-15 12-14 $4 , - (quar.) Finance Humble 11- : Reed (N. Extra . 11-15 75c ' Glass Co.—- Hardart Co. Household 11-15 50C — ; New common (initial quar.) Holly Stores, Incorporated Horn & 12-14 25c Pfrteapple Co. Hazel-Atlas 11-15 $1.50 Empire^Co Hartford 12-14 . Co. of California— Oil (stock dividend payable in A stock) Class B (stock dividend payable in A stock) 6% 11-20 11-14 lOo (irreg.) 50c (quar.)..40c Extra U. 11- 6 Common $1.06 Vi — Class A .. 12- 2 6 25C (quar.) common—& 4% % 11- $22 Vic --—-— Corporation (increased quar.)-—I Mines, Ltd. (year-end) -—_ Hamilton 11-12 $12 Vic ... Co. 11-21 37 Vic — Water 11-15 11-21 12-12 $1.35 ——— Hackensack 1 12-12 , Corporation — 12- 5C 5c $Vic — ——— !-!!.-.ik —.—— (year-end)-, Goodall-Sanford, Inc. (quar.)——-———— Gordon Mackay & Stores, Ltd.— Class A (quar.) Class: B (quar.) —^j,.!'.: Gorham Manufacturing Co.. Gossard (H. W.) Co. (year-end) Grand Union Company (special) Graton & Knight $1.80 prior pfd. (s-a) 7% preferred (quar.) Griesdieck Western Brewery Co.— 5% % convertible preferred (quar.) ——i .' Hajoca 11-15 $1 20c Fire Insurance (N. Y.) (quar.)... $1.25 Package Machinery Co. ^ ...—.—40c Patchogue-Plymouth Mills ..!, f $1 Pennsylvania Electric, 3.7% pfd. C (quar.) ' 92%c Peoples Gas Light & Coke (quar.l—— $1 Perkins Machine & Gear, 7% pfd. (quar.). $1.75 Pfaudler Co., 6% preferred (final)——— $1.50 Common (irreg.) ... — 16%c Phoenix Hosiery Co. (initial)...........—. 50c Pittsburgh Coke & Chemical— " $5 convertible preferred (quar.) .... $1.25 Pittsburgh Steel Co.— < 5%% prior preferred; (accum.) 1 $1,37% 1 II- 11-30 11-29 ; U. S. Casualty Co.— 10-28 Pacific 6 10c —....... (quar.)—.. Co. ——.—, — H $1.50 75c: (accum.) Gentry,; Incorporated (initial) — Gillette Safety Razor (extra) Globe, Oil Co., Ltd._; 11-27y 15c 25c Incorporated United 12-16 " 11- 1 11- 9 12-10 50c 50c ——.... " fauar.)_:— pfd. pfd. — I-10 25o 10-26 11-16 $1 (quar.)—,. (year-end) —— Ohio Power Co., 4%% preferred (quar.)— Oliver Corporation (irreg.). Orpheum Building Co. (increased s-a)._— Ox Fibre Brush Co. (monthly),.. ..... Oxford Paper Co., $5 prefererence (accum.) 11-20 $1 4%% conv. pfd. Fruehauf Trailer,' common—. 4% preferred (quar.) Simcn, I-IO 12- $ 10-23 —..... preferred (quar.) <6% preferred - (quar.)—-! Noyes (Chas. F.)^ 6% preferred - 5' 11- 1 - 7% 11-15 25c !_._. Life Bancorporation 2- 11-15 12- 7 , 1- 2. ■ sliares held Northwestern Public Service— $10o 25o 11-15 1 (quar.)..... Custer Consolidated United 12-2 20c each .100 National Northern Northwest 11-15 56V4C (increased quar.) Co., Inc. . ; ' Franklin for mon 2- 11-16 - 1-30 11- 8 11* 1 • $i5C common United Aircraft Corp./ 5% 11-30 11-30 ; 11-15 ' 12-14 11-8, 12-15 12-15 share of Pacific Gas & Electric One . (quar.)——— ——————■ — Fishman _ ————....:: Bake Federal •" - (qfiar.) v v 11-15 !■ 25c stock. (non-voting)— 75c / Founders stock (voting). —75c Kew York State Electric & Gas Corp.-— ' ^.10% preferred (quar.) ^ —$1.27% Nineteen Hundred Corp., class B (quar.) 12%c Noranda Mines, Ltd. $$1 North American Co. (stock dividend) — 11-27 (year-end) Co. .■. , I3%c . 40c — "" Manufacturing ■ 2% Warehouse (quar.)—. (quar.) (year-end) Jersey Zinc 100 11-15 • « 11-30 12-2 11-15 12-14 11-1 . 20c Participating 11- 8: 11-15 50c 50C class A (irreg.). New 8 25C . ■ Class 11-15 5c —-i.■ (quar.) A & 12-16 —... Gas Miils, 11-15 11-28 65c (initial)— com. 12-2 40c 20c ^ 25c Union 11- 9 11-29 Newmarket. Manufacturing Co.— New York Shipbuilding Corp.— ' ■ 11-27 k 1-15, 2-1 . Bag 6s Paper 4 12-10 v —! $1 Union 12-18 Gas Light 12-12 25c Brewing • 12-10 New Bedford Storage V 1-18 1-15 J5c - (irreg.) 35c Tokheim Oil Tank & Pump (quar.) 25c Traders Building Assn. Ltd. (quar.)$$1 11-18 > $3.5p New Britain 11-20 12-20 (Dallas) — Extra 12-18 —.. 11-30 10-31 1 - 40c (initial quar.). com. 1-15 (initial quar.)___. 20c Texas Pacific Coal & Oil (s-a).w..—; 50c Tide Water Associated Oil (quar.)25c 10-18 12- 9 12- 2 12-16 12-16' - Brothers, new 10-28 preferred 11- 1> — preferred Neisner 12-15 (s-a) Corporation International k Extra 11-25 : 11-30 Taylor & Fenn Company 12-14 common.. 11-1 common (quar.)..... Propane Tampax, $1.75 , Co.* (s-a) 2 11- 4 11-15 ; Sons, Talon, Incorporated • 11-9 Company Nazareth 1 12-16 convertible 11-15 —!!—25c 11- 1 preferred 7% Extra Fall 12-2 ■ 'i 35c •; Coal, 7% preferred (quar.)——„—«brackett Company, com. (increased quar.) ,_/; Dwight 25c 5%.% pfd. (qubr,)— (increased qdar.) Co. Tea Natomas ' 11-30 $1 ... —1„ ———.— 11- 12-15 Oil Tamarack 11-22 Products!, Extra 11-29 $1.12% ^ — (quar.) 1- 2 12- 9 Stock .dividend National Pumps Corp., , k (quar.) Oil 2 11-15 $$1.50 preferred (quar.)... Forgings Corp. (quar.) Suburban 11- 4 12-20 50c ——. 12- / /• 37%C (quar.) Insurance & ~ 75c — . 2 Tivoll Rhode Island..—75c Bank of 11- 12- 2 convertible Super-Cold 10-19 $3.25 $25c Co.„. 2 11-18 Ltd.— Co., Scerung Motor Trucx, new> Studebaker Corporation 10-28 10-30 11-18 12- 11-18 ;/ 15c . ; preferred Sterling Brewers, Inc. , ——— National Lead Company— 1% preferred A (quar.) 11-24 12-2 ii . 11- 6 . (quar.) 11- 1 -25c 9 - of, California.. Standard Silica (quar.>_^.!_!._^.....Y.i... ' Stanley Brock, Ltd., class A (quar.)__j. k Cl«ss B (quar.) I.;—•? • $2.501 . , Fuel $1.75 & $1.60 11-22 10-24 1 9 12- 22%o Standard y 10-25 11- 9 12- 25c , (quar.) Standard Swift 11-1 12- 2 12* ■ Edison—• Power Life preferred 11-12 $1 25c $1.75 11-18 Standard Cap & Seal— 10-26 Supply.....,,-,,,,,-,,—— , 30c Muskegon Motor Specialties*— ,v„; .V,v '; $2 class A (quar.) ! , 10c National Drug & Chemical, Ltd. (initial)..' $17c National Folding Box, common — 25c ; Common ^ —— 50c NationakFood Products (initial)— 20c 12- 2 5C Ltd., 6% Mountain Bridge Co., Ltd. (quar.) Envelope & Cartons (Western) Dominion t Morris Plan • . 12*. 2 12-23 Chemical Monsanto 11-15 28 Vic ——— Ice . $4 1- 2 (initial)— Ltd.* class A Mills Carpet (quar.) B Dominion A% .Mohawk :Vl-.'2 V 12-16 ' - 1-17 11-30 75c Bewey &.Almy Chemical Co., common.. .... Class 11-15 v; 25c Modern Containers 12-13 93 %C — Derby Gas & Electric Corp. Diamond 2 11-30 75c — Co. 1- 20C —— (quar.) Hudson & Rubber Reclaiming Co. (quar.)—, Minneapolis-Moline Power Implement Co.— $6.50 convertible preferred (accum.)— 12- 2 40c Crow's Nest Pass Coal Co.,. Ltd. (s-a) ———. Curtis Publishing Co., prior pfd. (quar.) — 4% % Southwestern Susquehanna k v — Canada Quarterly Squibb (E. R.) . 10-31 11-15 11-18 9 75c - (quar.) participating 11-12 18%c Storage Warehouse (year-end) Midland Mutual Life Insurance Co. (quar.), , Deere & Company, 7% preferred Deerfield Packing Corp.— Common (stock dividend) Publishing preferred 12- 2 > ' , 75o Midwest preferred (quar.) (quar,) 11-15 1- 6 / - preferred - . (qua?.) — _— 6% Trading Corp. (Del.)-— . preferred (quar.) — —, Mayfalr Investment Co. (Los Angeles)—^ 11-15 Xtt $25c Crompton & Knowles Loom Works-— Common (quar.) .—i r Manufacturers 10-24 • Inc.— Brewing -25c B 6% . , 2 9 12- $30o $$1.25 (quar.).. common preferred California Southern ■ —50o 1 ------ (quar.). Sexton & Extra 11- ————————- 3%%- preferred 11-12 12- (quar.) common 6% — ———— 12- 12- 50o ; Company, convertible Southern 11-15 stockholders' to —.— - 20C prior preferred (quar.) ..?».? Company, common. (quar.)' Cribben Extra 20c A; York, New 12-14 ,: Aircraft 90c . 11-12 12- 2 50c .......■ Extra-' v- of Ltd., class A :——-— r , (increased 4 ^—I——.—, Paint & Varnish, Cook : ' Edison -Quarterly Consolidated Press, (quar.) dividend (subject .approval) Securities, pfd. non-cum. 30c 40c 15c . common—— preferred 75c ——4—_: Consolidated / 60c Creamery Co., Solar (irreg.)—!—— — common new Consolidated Diversified $2.50 2 2 12- 87 Vic ■ V annual) Knudsen 10-31 ^ e •; * (quar.) Baking Co., >I»td., V _1 shares interest 11-20 12-23 11-25 - Beneficial 10-31 10-31 1- 2 10-21 10-31 $i .-...i.$1 dc 12-16 1 11-15 .....w..!.. 25c ?■ Co.—(See Franklin Bimon)— ' ? (H.) & Sons, Ltd., common (quar.)/. 5% preferred (quar.).... ..I.. Sivyer Steel Castings..!...-!!..:!.!.!!!!^ Sixth & Broadway Building Co.— Participating certificates 12-4 .11-30, 11-15 11-15 (Franklin) 11- (quar.) Simon 12-21 , ;v 12- 4 ; . . (quar.)—...... (extra).. New $1 participating preferred (extra) — Connecticut Power Company (quar.) . 1-6 Simon ,, 11-15 special guaranteed — —— Insulated Wire (resumed) Milling & Elevator, com (quar.).. preferred Laughlin Bteel,v common (quar,).50c kk 5% convertible preferred A ♦(quar.) $1.25 : Kawneer Company 30c Keystone Custodian Funds (s-a)—_• 37c 1 Special 65c Jones & 11-29 . 9 —- 1.———-- Colorado Columbia 11- 25c (quar.)——— Pittsburgh RR.—/ guaranteed 12-12 . 'Class B (quar.) I!xtra ... : /Signal Royalties Co. 2 / $1 /' 11-13, v 11-15 ' • , 11-25 25c Chicago Wilmington & Franklin Coal (quar.) Cleveland 12- .2 12-10 vi 11-30 1- 50o .. ' , — ; .!_!_! 12- 1 " ^ ; $1.37 % V Holder$ Payable of Rec: , 4-% preferred (quar.): Signal Oil & Gas, class A (quar.) /V Extra ... ..... — 11-15 $1.50 —•— (quar.) Extra 1 12-16 Company—-—— Corporation 1 11-22 — 11-13 1 When ■ k: Share . k.-; 300% ; 12- 3 11-18 12-11 Koehring Company (quar.) — — ; 25c 11-30 11-15 12-11 La Consolidata (S. A.)— k'-V C:\: 'v 10-31 6% preferred (American shares)—. 21 34/100c 11-15 11- 8 10-31 Lakey Foundry & Machine Co. (irreg.)—_ 15c 1&-.5 11-25 '12- 2 Lansing Company (quar.)-,— k—; 30c 11-15^^41-15 10-29 Little Long Lac Gold Mines, Ltd. (annual), $4c 12-16 11-25 Lone Star Gas Co. (quar.) 20c 12-9 11-22 10-15 Lord & Taylor, 6% 1st preferred (quar.)$l-50 ' 12- 2 11-16 k 10-15 Vi; Lukens Steel:.Co. v(resumed)——— 40c I 12- 2 '11-20 '10-25v .kvMackihtosh-Hemphlll (qnar.f^ 25c 11-25 v'llfc15 11- 9 ; ''Macmillan Company^ cohimon.- (quar.) —: 25c 11-15 11-12 10-31 $5 non-cum. preferred (quar.) ——— $1.25 11- 8 ••.k-ll-..4,v 11-8 Macwhyte Company (quar.) —25c 12- 5 ..11- 9 11-8 Mallory (P. R.) & CO.* Inc. (quar.),,——■ 25^ 12-10 11-22 10-25 Year-end,20c. 12-10 11-22 Manhattan Shirt Co. (quar.)— 25o 12- 2 11-12 11-22 $20C . —- (quar.)— !—. Ohambersburg Cha^is 1- 1- 15c J20c ■ 10-31 , Per .■ Products (quar.) ...4....!..^.'..... 25c, Sheraton, Incorporated 50o Sherwin-Williams Co./ com. (increased quar.);?Y'?"k:^'! $1 ;■ ; . v.-k '■V'-j/v: v ;• V' Name of Company Shellmar y 25c V 11-15 V, 10-31 V-. (quar.) _k^kv'::$1.50 k-«12rlOY'X,'11-21 (extra) Knickerbocker Fund-*-1 V. 'kk 11-15 10c 10-25 1 $1.06'A ,> (extra) Ltd. .$7 preferred (quar.). ^Central Railway Signal, $4 class Chain 11- t25c Inc. < (year-end) Light & Power— Estates, Capital Central 12- f (increasedvk.$l';;i .12- . (year-end) Cov Johnson & Stock Ale, common (quar.) — (quav.) .! Foundry Co., com. (quar.) Co's, 12-16 11-15 . Machine Johnson 11-15 $2.50 (quar.)— Canadian 11-25 85c Year-end ';• j >$1 Textbook Co. (irreg.) 40c Jaeger 11-19 (San Insurance _ Dry Ginger $4.25 Canadian 2 $1 \ (accum.). Co.: 12-2 ,, , International - : 11-15 12- 11c —— Title 12-14 $1.25 (quar.) f- 10-28 10-31 .•^^I206v Co (quar.) Francisco) 15c ; : 11-15 1—' Buildings, 7% pfd. Pacific California 3 ; 11-26 -(quar.)—-;————. Incubator Buckeye 12- 12-20 11-26 ■ Buckeye Pipe Line Co.— Budd Company, $5 preferred Silver Machines Business International Wr\ 15C (quar.)— (quar.)— ——-—-1—— Stock International 10-24 50c , , group shares— — — and Bond group shares_„„^„_—vv Holders Payable of Rec:-;; 70c ' Aviation 11-29 . 1 $1 Co. Falls Hills Extra share. (year-end), ' 50c Y,' $ — & Paper Co., Ltd. (quar,). Company, common— Pulp 11- $1 — —— Brompton Buck Co Motor Brockway c When Per of Company Institutional Securities—' 1 i Company— 1 convertible preferred (quar.)—-—Mills (irreg.) Roller Bearing, new com. (initial) — Bourne $3 11- • Name ■ Inland Steel Co. : 11-15 ;: 12-15 (initial quar.) ,v f (E. W.) $2.25 '-''k,;<' vk 11-15 2 $1.50 preferred (quar.) (Phila.), new com. Blauner's Bliss 50c :'r ; Payable of Rec. Share of Company Holders When Per v. Monday, November 4, 1946 . - 1 It- 1 -- : W'l 'T.A/IP JVolitine • 164\ Number 4539 Per U Name of Company American; Stores? Co AaaAUAa-AA-A.* Stove Thermos (quar.)— I-2-47 (quar.) Co., common Inc.— Products. , ; v ; ; 12- 2 / Columbia 11-20 11- 1 Commercial Line > 40c $1.75 -'J AtViAvipn ''' Class ■. . 1-2-47 2 11- 4 1- 2 12- 5 $1.18% 20c 12%c $1.0614 $3 2 11-15 12- 2 11-15 11- 1 11-15 11- 1 1212- 20c Mining 11-25 12- $1.20 1212- 11-15 12- 2 11- 7 12- 2 11- 7 12- Extra 10-31 Dumont 1 10-31 Dun 11-15 1-31 ,12-31 11-15 10-31 Quarterly Industrial Alcohol Co., Air Eastern (s-a) B (s-a)___ 2 12- Canadian Motor & Lamp Co., (quar.) 3.6% 11-15 Excess 12- 2 11-15 Faber $15C 1-25 12-20 $75c 1- 2 4- 1 common A Common' 7- 1 5-31 $50c 12- 2 11- 1 $50c 12- 2 11- 1 Ltd.— $15o 12-13 11-23 $15c 12-15 U5c 11-15 11- $$1.25 11-15 50c 11-10 750 11-30 Utilities Co. (Newark 4%% 1 11- 8 12- 1 11-15 Power 250 11-30 Bridge Freeport 11-30 11-15 $1,75 5% 6%. Dreferred B 1-1-47 12-11 General 12-10 11-27 12-10 11-16 12%c 12-10 11-16 preferred' (quar.)--—A———A $1,12 % 1-2 $4.50 common (initial) 12 of Virginia (increased)— 25c Chicago Corporation, $3 pref. (quar.) 75c Chicago Yellow Cab Co. (quar.) * 25c Chile Copper Co.—; 500 Chilton Company (quar.).___—-A-------- w. 20c Cincinnati Gas & Electric, com. (initial)—35c City of Paris Dry Goods— • 7% 1st preferred (quar.) ^ $1.75 f 7% 1st preferred (quar.)——— $1.75 4 7% 2nd preferred (s-a) $3 Chase Candy Co.-, .11-15 new 11-15 Chesapeake Corp. 12- T Jantzen Jewel 11-21 Phoenix 11-20 11- 5 One-tenth South v Common Ganeral 11- 1 2-15-47 2-7-47 1-2-47 12-20 12-21 12- 8 1-1-47 12-20 4-1-47 Common CorD., 11- Genesee Class Georgia share Carolina of 12-16 12- 2 II- 1 Steel Wares. 11-27 Klein 11-12 12- 2 11-20 12- 1 11-15 12- 1 12- 1 11-15 Brewing, A B RR. 50c $1 12- 2 12- 2 '25c 11-30 11-15 11- 9 .11-16" 12-16 12- 11-15 10-18 Banking 11-15 11-20 11- 12- 11-15 17V?c $1 1 412-f 12- 5 2 11-20 11-15 11- 12- 11-15 2 1 11-15 11- 12- 11-15 2 1 Lake 3c<j 11,95 11- 40c 11-15 20c II-15 11-15 11- 12-12 11-19 $1.50 11-15 11- 1 11-15 I t- 2 ;4 37%c 11-15 (quar.) ; (quar.) 11-15 10- 7 ' 25c 11-15 10- 7 !;.:i.-;$20c 15c 11-15 10-17 A/A' 15c 4 $1.75 $40c Paper 41- 1 1- (M, Inc., Savers Extra Class B common 1 ———- — 11-15 25c $1 11-15 12-2 11- 1 75c 12- 2 11-12 $1 75C $1 .. 12-1 12-1 12-16 12- 5 12- 2 12- 2 12- 2 11-12 25c 50o (quar.). A-- - — - 11-15 11-15 11-20 . $2c —...... — 10- 5 50c ... (quar.). (year-end) Corp. 12- 2 11-30 12-23 12-21 11-30 10c 25c 25c , Ltd. 1-15-•• J- 2 11-15 25c common Products.....— Aircraft Lincoln Service Corp., Extra 6% 12-12, " A — (quar.) — 11- 9 11-9 12- 2 11-4 10-31 11-1 11-12 11-12 ... prior ..... preferred Lindsay Light & Lionel Extra Corporation — —— 87%c 30o 50c — (quar.)...— .. (quar.)a.. ! 12-15 12-15 I 1- 2 12-12 11-15 12- t 29° —— H'H 11-30 12-12 50c ........ (quar.)..— Chemical (increased) Link-Belt Company 11-30 11-30 12-12 JH"1? participating preferred (quar.) Extra 7% common r , 11-30 11- 2 11- 2 H" 2 -A 35c 11-30 11- 9 (resumed)— 25c 12-1 11-15 .87%o 12- 1 11-15 P capitalvAiAAAw-A? {" Original capital $1 * 3-10 2-24 Special guaranteed (quar.)—50c 12-iu : A-22 ? «oeoial guaranteed fauat.).——......—3-1' Z 2' v:* Loblaw Groceterias, Inc. (quar.).—— 20o 11-30 11- 8 Little Miami RR. Co.— Original if 11- l-: >10-22 12- 2 4 11-1 1 v/*. , 1-15 ; 12-23 62%c new Mines, Gold •• " 1-15 (quar.) -A.—- preferred $2.50 11- 8 12-20 y il- » 12- 24 Ltd.—• Co., 11-19 11-15 • $50c Sessions, Liquid Carbonic Corp., common 3%% preferred (quar.) 4A-A— ■ $40c $$1.75 & 11-19 : ' 50c 12- 2 11- 9 : $1.50 1- 2 4412-13 $1.75 1 2- lA' 1-15 10c 11-11 10-25 i 25c 11-50. 11.-15 6 of Co 12- 2 12-27 12- 2 12-12 $1.12% 50c : Liggett & Myers Tobacco, 11-6 dividend) —, stock 12-12 „ Coal & Navigation Lehigh 5 11-16 11- 12-23? 12- 2 12-23 >12- 2$ common (quar.)...? Machine (quar.)—, Lawvers Title Insurance, 6%-'pid.'■<s-a)—JR3 Le Tourneau (R. G.), Inc., com. (quar.)... 25e $4? preferred (quar.) —.....— ' $1 Lee Rubber & Tire (extra). —u,—i T " ' $1 <» 25c ... (quar.).. (quar.) Power 11-14 12- 2;# 11- l?' 12-10. 11- 8 9 25c (qua?.) 11-20 12-16 11-15 12-26 11-25 50c (quar.) H.), Lane Bryant. Inc., Lanston Monotype 10-25 10c 25c ; 11- 1 11-15 12- 6 $$1 Lamston 10-25 — 11-15 42- 1 40c $1 - John o 25c 5% (quar.) common 12-16 v 12-20 ..... Common Life 25c 10-24 (quar.) ...: & Lamson Leich — 11-15 Extra Liberty 11- 9 «t- 87%c 25c 37%c 25c $1.25 — .... Quarterly 1 11-13 1-15 60c % Z (quar.)... preferred St. 11-15* 2 & 12- 12-° — preferred 5 12-2 Co. Company Extra 7% 11- 10-18 11-15 HV4C $1.25 preferred (quar.). L'Aiglon Apparel, Inc. (quar.) Laclede Christy Clay Products Lake of the Woods Milling Co., Ltd.— Common (increased quar.).,; 11- 5 S.) 1st 56 'Ac - ! (quar.).: AA A 2nd 11-15 11- Emil) Extra 11-15 15c $1.75 15o quar.) 5% pfd. (quar.).., Company, 25c ; 12- 2 ' $75c (S. 7% 10-15 $1 $1.12% $1 11-25 ——1' Co. 75c dividend (S. 6% 2 25c 1- 2 (initial Co. (D. Kroger 11-15 o : 12-2 4 11- 5 25c H.) & Company Kroehler Mfg. Co., 4V2 % preferred 11-20 common - & 12-20 "v. 11-22 Corp. (quar.) Shops— Extra 11-15 11- 11- *—__! Ltd., cla^ss A 12-16 40c 30c Knitting Mills, Kresge 12-1 Gas 10-15 1-15 65c ' Gas nreferred Tea Kress (quar.) & 11-4 12-16 30c (quar.) Apparel Stock 11-20 11-25 common Electric (initial) "'. 11-27 12-2 (increased).. America— Corp. & Trecker Corp. (quar.) Kinney (G. R.) Co., Inc., common.. $5 prior preferred (quar.) —— pfd. $1 (quar.) 10-21 12-11 Co.—- Kearney 91c — common 11- 7 50c $1.75 Products Extra Corp., 15c $1.50 (quar.) Kentucky Utilities— 7% junior preferred (quar.). Kayser (Julius) & Company..., 3-20 (initial)..A— 4 $1.50 preferred : {General Public Utilities '(stock 8 11- 10-15 10-18 $1.50 25c 25c 10% 25c (quar.) General Outdoor Advertising, common. 6% preferred (quar.) aa.aa—— Paint 11-15 11-15 12-16 1 4 (quar.). Corp. (quar.) A.—a..—A—A—--..-— General 1 11-15 Extra General 4 2 11-22 11-15 $1.50 General Industries Co. 11- 12- •V11-15 ■ 10- ♦ 12-16 12-16 (s-a) Foods 11-1 .12- : : 12- 7 12- 2 11- 2 - 3% • 11-15-4; 11- 4* 12-31 12- 11- 1 - ■ -25c 11-12 25c (a-al— v - $1.25 Janets (quar.) .—A.—.A— 4 % % pfd. (quar.) —„ 10-31 > 10-25 11- I* 4* 22%c General Finance Corp.— v 4% 11-20 (quar.) Jacksonville Gary (Theodore) & Co.— " : s A—— $1,60 1st preferred (accum.)— General Cigar Co., 7% preferred (quar.)— General Dry Batteries, Inc.—— , —....A.———-—-. J.) preferred 11-20 11-20 Corporation Investment Foundation, Ltd.— 6% convertible preferred (quar.) Iron Fireman Manufacturing Co.— 11-20 - Company Gar Wood Industries, 11-15 - 10-18 II- 6! >' 12-30 45c AAA: Rys. of Central preferred (accum.) 5% 11-15 Kleiser...A-AaaA.!*: 7c Sulphur (qu&r.) 62%c Foster 11-15 250 4% Works Corp., preferred series C preferred A (s-a) Extra 11-15 1 11-1 25c Co., common (quar.) International Utilities Corp. 2 fquar.") preferred Pitt Fort 1 12- prior pref. 2 preferred 12-10 (extra) Florida 90C 7% 12- York (quar.) —.. $1.12% (reduced) —— 15c Champion Paper & Fibre, new com. (initial).' 12%o . N. common 11-15 (accum.) A..........A.. —jJ! Year-end 11-29 11- 9 11- Aircraft 1- 12- 2 11-15 10-31 4%% 2 12-10 Insurance 11-30 11-15 .... Publishing International 1 1 1- 11-30 First preferred 1- 2 22- ... Firestone Tire & Rubber, 11-1 12 %c Educational International 7%c (increased) 75c Works (quar.)12%c Fire Association of Philadelphia (s-a) $1.25 Corp. 10-31 Cessna 1 Federal-Mogul Federal Screw 11-15 4 11- Federal Manufacturing & Engineering (quar.) 11-15 85c .....A- 2 Syracuse 12-2 11-15 $3.50 3-15 11-.15 . 12- $2.50 $2.50 11-15 $7^preferred s (accum.) Certain-teed Products— 12-31 12-16 Gameweli . 2-1-47 International 11-16 Y.) (quar.) Quarterly i,—A $2.86 prior preferred (acum.) prior preferred (accum.) 12-31 12-14 Corp", Life Insurance, 10-26 12- 2 quar.) (quar.) Brownhoist (initial quar.) Rayon Corp. (quar.) Ingersoll-Rand Co. (quar.) 11-16 Co. & Traders Firemen's (increased (quar.) AA common 12-14 (quar.) (year-end) (quar.).A--—A— Gregg $3.33 y3 $6 $7 2-1-47 JOc 12- 40c New 8 Corp., $2 preferred (initial s-a) Fitzsimmons Stores, 7% preferred (quar.)— 2 ; 10-26 11- Industrial 1 1 10-29 Co. U- 2 10-25 Power 12-10 2 4 11-15 11-21 1 ^>-31 11-15 $1.25 ... 2 12- 1 1-1* 250 -11-15 ' 1- 11-15 12- 11-15 11-1 $1.50 56%o Imperial Chemical Industries, Ltd.---American-Deposit' receipts ordinary shares llnterim). • 'aaAAA «Ai 7 1-21" 12- 2 11-15 10c 11-25 2- 11-10 12-1T- 1-3) 11-15 .... 9 I- 1 (quar.)... (quar.)... Illinois Zinc Co. 4- N. 11-23 : ——— Central Ss South West & Morse Brewing Farmers & Central Ohio Steel New Coe Co. 1 $1 $1.25 75c $1.25 11-29 12-27 11-15 (initial preferred Idaho 5 1(1-25 11-1* 11-14 Peanut— common 5% 11-14 4 10-25 $1.50 quar,)...,........ Huttig Sash & Door Co.— * 10-24 12-15 11- 11-15 11^15 12- 2 12- 2 100% dividend) 3- of America Insurance Co. Falstaff 2-28 $75C Products— (initial) — 1 Car (Tom) New 4 Racing Assn., Fairbanks 12- 2 150 i. Huston 10-25 5 (stock Fibre, 6% preferred (quar.)^. Hussmann-Ligonier, $2.25 preferred (quar.) 11- — 11-30 11-22 $1.25 11-7 Co. Motor 11- (s-a) 12-20 12-20 (quar.)—A-A————-~. preferred Inc. 2 6 Central Ohio Light & Power— f Lines, 1-15 11- A 2 11- l I- 2 y ll-lo \ SOo , Hummel-Ross 45c 12- 11-18 V 1 11- Hudson 11-15 1st preferred 6% Eastern Ltd.— Class, B ■ (quar.Canadian Oil Cos., Ltd, (quar.) aA Canadian Utilities, Ltd., 5% pfd. (quar.) — Castle (A. M.) & Company (quar.) Caterpillar Tractor, Co. j(quar.) —• » Central Arizona Light & Power, com. (quar.) Central Foundry, 5% conv. pfd. (quar.) — Central Louisiana Electric (quar.) Central New York Power, 3.40% pfd. (quar.) 11- 11-23 Statler 50c 12-15 10-31 . 11-15 12- $62'/2c 3c 25c 20c 11-30 ' 12- 8 11-23 (quar.)—.* $1 preferred (quar.). $1 preferred (quar.) Flectroeraohic Corp. (stock dividend). Ely & Walker Dry Goods (quar.) Empire & Bay State Telephone— 4% guaranteed (quar.)—; Empire District'Electric Co., 5% pfd. (quar.) Equity Corporation, $3 conv. pfd. (accum.) Erie RR. Co., $5 preferred A (quar.) 11-15 A 12-17 10-31 12-1^ , 11- 0 $$1.12% $25c $2.50 25c 15c Magnesia Talc Co., Inc.— Quarterly Eastern Massachusetts Street Ry. Co.— 11-12 27 %C — 11-13 $25c Corporation 10-31 ♦ A 1 12-31 Eastern 10-31 ' 11-13 10-21 11- 7 12-27 ' 12- (quar.) 11-15 12-27 , 11-29 International Harvester Dunlop Tire & Rubber Goods Co., Ltd.— 5% 1st preference (s-a) & B. Brewing Co. (irreg.) Eastern SOo $50c 50o, Intertype (quar.) Co. 10-16 $75C Canadian Electric & Bradstreet, Inc. ? Industrial E. 11-15 — 5 Co., Paper J0"31 1 I; Quarterly A ■ 12- $25C 12- $25c 1 Donnacona r 40o Hotels 1 -12-21 . $1.06% 11-14 (quar.) 1 Investment Corp., Ltd.— A preferred 7 12-15 $$1 12- 12- 12-21 2 (quar.)... common 11- (quar.) common 12- $25C 12-16 11-15 J25c Chemical, 12- $$1.75 10-10 11- t50c 1- (quar.) (George A.)* & Company-— • ; ' Common (quar.)"-..aA*— 6% preferred (quar.) ; 2 (quar.) 10-25 11-15 — & VTC Common $1 11- $32 %C (quar.) Cable, Ltd., class A (quar.) Fairbanks-Morse, Ltd. (quar.).— preferred $25c 11- $1 preferred Electrochemical, 11-15. 12-21- 1- 2 1- 2 • .... 12- (quar.) 2 11-15 — Hooker $4.25 Hormel $7V20 Ltd. Stores, 11-15 15c . 11-13 15o 11-15 Powder 11-22* $$1.25 $25c $$1.25 11-15 , 62y2c preferred Dominion Tar , 75c 25c . 11-15 1 12-1 15o 11-20 (s-a) l 12- Extra- 11-26* 11-27 50c preferred 12- $1.25 37y2c 12-10 . 12- 50c (quar.) (irreg.) 11-15 Cpment ; Corp.,tcommon...A.,..A 4 50o a ,...AA.^.A4.AA..—' "50d Co., 5% pfd. (quar.) $1.25" Hershey Chocolate Corp. com. (quar.) 75c $4 conv. preferred (quar.) fc $1 Heyden Chemical Corp., common (quar.).. 25o 3%% preferred A (quar.) AAA'-' 87%o Hibbard, Spencer & Bartlett &i Co. (monthly) ! 15c Monthly { A. 15c Monthly 15c Hires (Charles E) Company (quar.).. .a SOo Holophane Company, Inc. (year-end) 60c Holt (Henry) & Co.— $1 class A (quar.) 25c Holt Renfrew & Co., Ltd.— 7% preferred (accum.) $$3.50 ' " 12-16 75c 11-22 12- 1 .... 50c 50c Yards Co. Stock : 12-20 $1.05 $1 $2 87y2c ' Ltd.— 4%-% convertible preferred (quar.) Donohue Brothers, Ltd. (quar.) Douglas Aircraft Co. (year-end) Dravo Corporation (quar.) 11-21 Canada Wire & Class 6 7 37»/2C (quar.). (quar.).. preferred series C (quar) Campbell Wyant & Cannon (special). Canada Cement Co., Ltd.— 1 A New ($20 par) pref. (initial quar.) Canada Northern Power, common (quar.) ■ 1111- 62 %c common •A. 4.4% Class (quar.)— (quar.) Extra 6 20c 5% preferred (quar.) California Water Service— Quarterly ' $4.20 pfd. Manufacturing (Ind.) (quar.) & Anglo Investment Corp., Ltd.— (quar.) Dominion Malting, common (quar.) 5% preferred < (quar.) Dominion Scottish Investments, Ltd.— 5% preference (accum.) 10-21 11-15 (increased) Corp., common Foreign 11- 2 2%% Power, * 10-28 11-15 2 Ltd.— California Packing Canadian . 2 25C California Electric Canadian 1-8-47 2 12- 25c 10-31 A Company Dominion — 11-15 11-15 Dodge Concen- (s-a) Mills _ 11-22 12-14 $1.25 ...... Dominion 11- 7 15c 10-30 2 $50c; 10c 43%c 12-18 A Utilities— 5c 75c Co., common Class A (quar.) 11-25 2-25-47 00 10-31 11-15 A class participating $2.50 1 11-12 11-15 Cup 5% (quar.) Cotton 6% 10-11 2 12-10 25C California ; class & 50c Match 11- ■ preference Oil 12- t$l 62 %C preferred (quar.) 87 %c preferred (quar.) 87 %C 3%% conv. 2nd preferred (quar.) 15c Burroughs Adding Machine 32c Burry Biscuit, $1.25 preferred (quar.) 25c Butler Brothers, common $1.12% ''4%% preferred (quar.) t25c Butterfly Hosiery Mills Ltd., common (s-a)_ $$3.50 $ 7% preferred (s-a) — •• (Holding) Union Denver Diamond Dixie 4 12-15 11-15 ; preferred 2nd Rayon 11-15 68%c 3>/2% A Class 11-15 Delaware Derby 4 11- 11-26 (quar.) (year-end) Co. Forster, 8% preferred (quar.) Cudahy Packing Co., 3J/2% pfd. (quar.) Mfg.? Co. (Mo.) 11-15 1-2-47 50c $1.75 25c Wireless 2 11- 10-31 12 %C & 11-15 11-20 quar.) & 2 11-15 16c ordinary for 11-12 2 $4.25 (quar) Extra • & Curtiss-Wright, (optional) of common stock 11- 2 1- 12c & convertible $4 11-25* 11-20 11-26 common (quar.) Zellerbach Corp., Crum 12-13 11-20 $$1.25 $30c Curtis 12 %C Byron Jackson Co. Cork Crown 10-30 2 $1.13 12 VaC 40c - Seal, Ltd. (quar.).. Crown Drug Company, common (increased) 7% convertible preferred 10-25 $1 7% 11-20 Cork & Seal Co., $2 preferred Crown 11-15 4% „; 11-20 10-31 Extra 5% % 2 75c Extra Cable Crown Manufacturing Crampton 12%C Burlington Mills Corp. (quar.) ♦ pfd. (quar.) (quar.)_ Corporated Investors, class A Corrugated Paper Box Co., Ltd.— 5% preferred (quar.) Cosmos Imperial Mills, Ltd. (quar.) 1-15 11-15 1- 15c 11-15 40c Buda Company, new com. (initial Bullock Fund, Inc (year-end) tratlng 4*/a% Electric Hercules 11-30 11-15 12-2« 12-14 Hercules 50c Extra 11-15 12- 25c Brewing Company Coro, Incorporated (increased quar.) 1 1 12- 11-8 11-V ' 11-15 12- Additional AiAAAwAi^AAA,,A,,AA4;'.44'60c'. 6-27-47fi-10 . 7 11-15 12-10 . 2 (quar.) common (quar.)... preferred (quar.).... 8% 1st preferred (accum.)..' ! Hayes Steel Products, Ltd. (annual)....... Haytian Corp, of America,-A^ !; - 12- 5 12-10 25c ... II-25 12-18 lu- 50c - 11- 8 11-1 30c 1-31 12- 50c (final) Sullivan 1 $25c receipts deposit 11- 11-15 11-15 12- Corp. of America (quar.) Continental Gin Co., 11-15 12- $1.25 (quar.) share 12-27* 7 2nd 11-26 11-5 10-31 11- 8 $1 preferred 5 % 12-16 12-10 12- 5% 10-15 2 11-15 12- 9 50c (quar.) — Harnischfeger Corporation, $50c (year-end) common (quar.) class A , 10-15 Havana 10-14 *11-15 25c 25c (quar.) 11-15 11-15 Co., 2 ,11-1* 11-18 4 25c B Extra 2 11- Can 5 $60c ... Extra 1-7-47 12- 11- 4 Extra 12- 10- 8 ' ~ 12-I6 12-16 25c (quar.) common Calif., 11-15 Quarterly"...-:4 60c, ° Vultee ' Aircraft-.—BOc Company, $3 preferred $5.34 Cohsumers Glass Co., Ltd. (quar.)—. $50o Consumers Power Co., $4.50 pfd./(quar.).. $1.12y2 Continental Co., of 12- Consumers Container 12- (quar.) 12-23 Consolidated 12-10 1 Si- Special Bourjois, Incorporated, $2.75 pref. (quar.). Brazilian Traction Light & Power, Ltd. (s-a) Brewing Corp of America (quar.) British Celanese, Ltd.— ... b V: Ltd.— Co., Watch Oil 25o - . 11-15 $25c (Sidney) & Co. (quar.) Co., 7% 1st pfd. (accum.). (quar.) Boston Woven Hose & Rubber Co. (quar.) — & 11-15 25c (quar.) & Sons, Ltd.— & Textile Cooper (H. C.) Hill 12-1 12- Hancock 11- 2 12-25 — 50c 50c — ... pfd. (initial s-a) Consolidated Water Power & Paper Co,— 4 12-15 Boston Fund, Inc. Bunker 11-15 12- 25c (quar.) Corp. (quar.). (s-a) • Gas (increased) 12-21 Blumenthal registered 11-15 20c $3 convertible preferred American Common 1-1-47 ■ s 11-15 2 12- 2 6c • (quar.) Best & Company Blauner's (Phila.), common $3 preferred (quar.) Blue Ridge Corp.— Bohack Consolidated $1 8%c pfd. (quar.)— Guaranty Co. of Mortgage or 2 12- 12-20 Co. I- v bC A 75c cash 3 25C — Ltd.. CI. A (quar.) (quar.) Beck A. S.) Shoe Corp. 4%%. pfd. (quar.)— Eelding Hemingway Co. (quar.) Bell & Howell Co., common (quar.) 4 4%% preferred (quar.) ; Beneficial Corp., $6 preferred (s-a) '.— Berkshire Pine Spinning Associates, com.— Bertram, (John) 11- 12- 10c Hamilton 11- 12- 1 50o Stores, Inc. (quar.) Hamilton Manufacturing Co.~* « Preferential participating (quar.) 12-10 1 Holdetm Payable of Rec11-3" 41-2* 25c Brothers Class Consolidated Textile Mills, 10-25 25C common 550 A 12- i .... 10-31 12-15 quar.) 4%-convertible preferred -60o Extra 5 25C V- 25c "Bathurst Power & Paper, Beech-Nut Packing Co. ;V $5 conv. pfd. Laundries 11-30 $5C oil CorTq^ar^II———IIIII——I Barnsdall Biscuit 11-12 $2.50 2 10-15 11-15 $20c Consolidated Natural II-15 12-12 $1 —- (quar.).! Consolidated 8 11-15 12-12 $2 (Conn.) 11-15 When Sfiare . AAAvA'AA'-'A A A-'' . A. $1 ' 12-16 411-144 Rubber-— & Union A> , Quarterly Consolidated 12- 12-12 12- . preferred Consolidated Bakeries of Canada, Ltd.— 8 11- 2 U- 1 (Toronto)— (quar.).., 11-8 12- 2 12- 11- i; 12- 2 Baltimore Porcelain Steel, 7% 4 $2.20 11-30 11-15 11-15 12-13 $1 Power— & 10-19 11-15 $$1.50 Light preferred preferred $2.40 10-28 Monthly Badger Paper Mills Bankers Bond & Connecticut 4 11-19 .$5 Grand Hale Quarterly 12-13 11- $1.50 (monthly) Mills 10-31 12-27 2 11-15 , $1 (quar.) $1.25 Company_A ; 35c Grayson-Robinson, $2.25 preferred (quar.).4;:v 56'Ac Great Lakes Dredge & Dock (quar.). 25o Great Northern Ry. Co., preferred A ' $1.50 Grlesedieck-Western Brewery (irreg.) $1 5%% preferred (quar. A A 34%c Gulf Oil Corporation (quar.) A 25c Special -A 25c 12-16 12- Tire 4; Common (increased 44 Special 11-19 4c (quar.). . 11-30 12- 2 12-14 . preferred (s-a) Mines, Ltd. (quar.) Autocar Co., 5% series A conv. pfd. (quar.) 5% preferred B (quar.) ! ! f; Preferred C (initial) Automatic Canteen Co. of America (quar.). Avondale 10-15 12-10 ' 2 12-30 A ' f A.), preferred (s-a) Safety Razor Co.," (quar.)., A A. A Goodyear 12-31 12- v"": •Per (S. Gillette 1 20c Commonwealth International Corp. Concord Gas Co. (New Haven)— 7.%- preferred (accum.) Confederation Life Association $2 RR., common Corporation, 11-16 11-15 Gold Aviation 12-20 v 5%rnon-cum. Aunor 12-31 35c Point RR Atlantic Coast Line •2-14' 12-23 11- 10-22 Stamping Shearing & . .11-15 1 2323 Name of Company , Gerrard 11-15 50o lOo $1.50 $1.50 $1.06'A —— preferred (final)...; ....... 6% preferred series A (final)—....— Pictures, $4.25 preferred (quar.). I-21 11-16 93%o preferred (quar.) Manufacturing Co.— common 5% 1-31 12-.1. 12- '• \ ■ Rec. 87%c (quar.) 4% preferred (quar.) Columbia Gas & Electric, 12-20 Holders 50c •- common (increased)— 37yaC >——4.—A——A—.25o — 100% convertible preferred (quar.) Associated Dry Goods, common (irreg.) 6% 1st preferred (quar.) 7% 2nd preferred (quar.)__ Coast 3 200. ■ $25o > , (quar.) com. StOres",' Inc., Extra •. II-30 $1.40 Atlantic 12- • preferred Colonial 3 10c $3 preferred (s-a) $1 (special) 25c Argo Oil Corporation (s-a) Argus Corp., Ltd.-—, > • ■ 4%% convertible preference (quar.). $$1.12% Arkansas Natural Gas, 6% preferred (quar.) ; 15c Armstrong Cork Co., common (interim) 25c West 5 11- 1-15 Arcade Cotton Mills, 6% Archer-Daniels-Midland Atlanta & 12- 12-12 30c dividend"; $3.75 $3.50 12- 3' 12-24 *12-15 $1.50 prior preferred (quar.)— — convertible preferred (s-a) Applied Atfs Corp., new com. (initial) 6% Asbestos ' . Colgatc-Palmolive-Peet Co. , Ampco Metal, 6% Stock ' Via-20 When Share Payable of * 4 , _ — Anchor Post 10-18 Bottle—. ; 53'/8C American Woolen (resumed)— $12 $4-convertible prior pref.. (Initial quar.) " $1 7% preferred (clears arrears) $58.50 $1.75 7% preferred (quar.) preferred 4%% 4 11- 4 30c American 12- 1-2 . Nam^ of.Company , 1 > . • Clearing "Machine Corp.—" ' •? New common ■ .(initial i quar.JAAA AA A:. Cockshutt Plow Co.; Ltd. (s-a)— Payable of Rec. 350 American AA,;. Holders When Share '.A1. THE COMMERCIAL & FINANCIAL CHRONICLE f ^ ' '■<?' ' 'A'i'% 'v1 ' .vv,"''''' . Vi;r>-4<v . „„„ •Wf" 4 t I . I" Name of ' 1 j..' .j . " r/',/••'""■t'','--.f'.-iV;''j;"''.,',''-',.'!- i^5c : 'Extra : Class , ..J....... B (quar.) Extra - $12%c -—a:—. .i......;.. (quar.) $1.25 25c Louisville & Nashville RR. Co. (quar.)—;bi Lowenstein & Sons (initial quar.ju — 88C ..Extra; (R. Company-.: C.) 11-20 2 11-20 12-12 11-15 $1.75 10-18 11- 5 11-15 37 %c —.— 11-1 11-,4 11-15 $3 11- 5 7:1- 2b ,v' 25c 12-14 12-15 11-30 %c 12-12 20c 40c 11-29 —.. preferred (quar.)— $1 'preferred (quar.)——— Penman's Ltd., common (quar.) — Pennsylvania Electric, 4.40% pfd. B (quar.) Pennsylvania Sugar Co., 5% preferred Philadelphia Electric Co., common^:— $1 preference (quar,)— — Philadelphia Suburban Water, common—.. $3.65 preferred (quar.)—-...—-i--**— bPhillips Petroleum Co. (quar.) suPinchin Johnson Co., Ltd.— •American deposit receipts for Ordinary registered (interim) 11-15 12-10 11-30 2 11-15 2 . Ltd.—' tions, ' '■ 7: - 10-30 11-15 25c 25c 11-15 10-15 11-1 2%% (quar.) May Department Stores, common ,$3.75 preferred (quar.) 4 10-31 12 %C deposit receipts (interim)— Products—J———— Massachusetts Bonding & Insurance (quar.) Matthiessen & Hegeler Zinc (initial) Magnesium 12- 12-10 12- 2 $1 11-15 r. '■ 11- 75C 93%c ~ * 85c ;;43%c: $3.40 preferred (Initial quar.) .. McClatchy Newspapers, 7 % ( pfd, ^ (quar;) «b ; McColl-Frontenac' Gil;. Ltd.—— !r-—'' 10-25 2 •11-15 11-15 12- 11-15 2 l2VaC 12-31 30e 12-31 11-29 25c 12-31 11-29 20C 12- 2 11-12 Texqs -Public. Service 12- 2 11-12 Thatcher Glass \< 01V4C : 12- 6 10-16 12- 2 11-15 12-20 ,11-7 250 12-20 11- 75c 12- 2 11-28 12- 2 11-30 1- 11- 1 11- 1 12- 2 12-15 4 ' 1- 2 12- 1 11- 8 12- 1 11- 8 1-15 7 .-250. 12- 1 1 11- 5% ' * - Special • (s-a) — Co., (quar.).-:-; ---J—"—.—- 11-15 11- 1 1- Midwest Oil Co., 12- 2 Rice-Stix 5 11-15 11-15 12- 11-15 $1.50 12- 2 11- 2 ' 5 % 75% preferred (s-a) 1-14 b: i- 4 45c 12-14 11-15 , 12-14 11-15 11-18 : :4c _ 11- 1 Mission 300% Missouri Utilities 5% Co., common 10-24 2 11- 12- 2 11-15 1- 1 Mount Diablo- fquar.) 1 12-14 11-15 $2c •. Mountain preferred lc 12- 3 11-15 12-14 National Biscuit /■ ,7% preferred National By-Products, : $L5.0 - •; 11- 2 8 1-15 11-30 Silex 12-14 12-20 12- 11-15 $1^75v 50c 12-31 60c 12-1Q 5 12-10 . b4Va% b preferred Corp., com, (quar.) 11-30 Stock \ . b 10-17 1- 1 12-10 12%c 12-20 12-10 11-15 11- 5 11-15 10-25 2 J6c 35C — 11-15 —-i-—. 12- 2 11-15 11- $25c 11- 12- - Nebraska Power Co., 6% 7%. preferred (quar.) Neptune Meter preferred (quar.) $1.50 12- 2 $1.75 12- 10-31 ' 06'.; $2.40 pfd. (quar.)---.' 2 11-15 60c; 11- 1 12-30 12 %c 12V2C 50c 45c 91V4C ' 11-15 11- 9 6% 12-20 11- 12i 2 1 12- 2 11-15 50c $2.50 11-15 11- 1 • 12-10 11-14 9 10-17 $1 25c > - Stock 4%% Ontario Gas, common dividend 11-15 12- 1 - 11- $25c 11-25 11-11 7 10-28 & (quar.) Quebec Ry. Co, 50c — —— 11- 11-15 12- 2 : Outboard Marine & Manufacturing '40c (irreg.). — , "11-25 11- 4 11-15 34%c - • 11-15 10-31 11-15 31V»C llr15 10-19 — Palestine Economic park &bfilford, Inc. Corp.—, Parkersburg Rig & Reel, common (quar,) -b : $4.25 preferred (quar.) b—————« Parmour Porcupine ■..b'b'$ib; 75C- (quar.;-—-b-ibb—bii Mines Peabody Coal Co., 6% preferred (accum.)— Peerless Cement Corp.————.— 10-30 10-25 10-23 5 12-1 b25o $1.06 (4 .12- 1 $3c 12-7 (interim)——-b .Patino Mines & Enterprises Consol., .Inc.—* American shares (interim)— L- 11-15 11-15 11- 11-20 ; 11-20 11- 7 / '• * 12- 2 10-31 10-15 -f* 75c 1- 1 12-29. 25c .(s-a).___.— 12- 1 11-15 75c 6% preferred 12-15 12- " lc 11-14 11- 7 5 $1.75 r (quar.)... $7c 37V2c (quar.) 37%c (quar.)— 37V2c (monthly) -15-47 13V4C 11- 5 131/4C — preferred 12- 13Vic 11-15 13 Vic 12-15 $2.50 12-20 5 11- 5 12- 5 ; 12-10 -$1.75 1-20 1-10 10c 11-11 11- 1 12- 11-15* 20c (quar.) (quar.) 2 11-11 10-25" 11-11 $1.12% $1.0,6 y* (quar.) 10-25 11-15 11-16 Washington Railway & Electric Co. 5%rpreferred (s-a). 5% preferred (quar.) $2.50 12- 2 10-15 $1.25 12- 2 11-15 12-17 11-12 Wentworth 12 %C 11-22 11- 1 ,20c 12-10 11- 8 25c 11-15 U- 71, 40C 12-10 11- 8 87 %c 12- 2 11- 1 10-31 Manufacturing Co., common convertible preferred (quar.) $1 West Indies Sugar Corp. 50c 11-30 11-15 $1.50 11-25 11-15 (s-a)... 50c b-..— Extra 12-12 12- 2 $1 12-12 12- $1.50 11-15 10-18 $1.75 11-15 30-18' 25c 12-12 11-29 $1.12J/2 11-15 11- 1 75c 11-15 11- preferred (quar.) 7,7%. preferred (quar.) Virginia Cdal & Coke... West 50C 11-29 Virginia Pulp & Paper— '4V«% preferred (quar.).^— 11-15 Western ' 60c 12- 2 11-14 $19C 11-15 10-18 $5 37 %C 11-15 10-20 $5 — (quar.) —— common (quar.) Pacific RR. Go., Common (quar.).. common b.._. (quar.) Railway Western Tablet of * l' b.._...M 75c 2-15 ^ $1.25 11-15 11- 1 $1.25 2-15-47 :2-i preferred A (quar.)... preferred A (quar.). Western 2 y West 11-15 11-15 5% 10-18 (quar.) Westinghouse ' 11-15 1112- Alabama $2.50 2-1 12-5 12-12 (S. Extra S.) Dental Mfg. (quar.) ' Chocolate Co.— ing share of Wilcox:Oil' , 12-14 11-30 450 11-15 11- : 1 Wilsil,' par ::-7 7b-v' stock.... common Compahy..^.^.^b-^ib.ab..ii, Wilkes-Barre $1.12 V2 (quar.). $5 Lace 12- 9 Manufacturing... 25c I^v^lquag^bbw^.-. 711-11 $1.50 12-16 7,13*6 25c 11-27 11-12 750, 12- 2 11-12 60C 12-10 12- 2 40C 11-15 .11- 1 75C 1-10-47 '12-20 convertible ;j>rfferred7 (quar.j^b.,..^ commonbii^ibbb-bi^ ___/ b^..b-bL.Lb,*.^b.-..^V' Bankshares 12- 2 (quar.) — u Brothers Stores, > 2 12-»1 12-16 11-18 $$2.50 12-31 11-15 Corpbbb^bb..bbwlbb- 25© 11- 9 10-26 $$oc 12-31 n-30f ^f75%."t'convertibla ^preferred •7Cquati)^bv?*.-,7,: $VAc Woodall Industries, Woolworth (F. Infc.—' Oo.» 7 " • u • 11-0 3%. Ltd./!6% pfd; (s-a) 11-10 12-2 12-7 Worumbo" Manufacturing—, ! IV ■' : 5% prior preferred (s-a).b»-«^b..b.b..^» $2.80 ^ Common, ([initial)) :, .50o (monthly) Wrlgley 7 ^ (Wm.), Jr.; common CommOli • (monthly) Common' (monthly) ! ^ 12-1 40C (quar.) W.)' Co. Woolworth (F. W.) 11-30 common 11-15 $250 12-10 12- 11- 1» *50o ' $$1.25 11-27 11-15 106:5 , Winnipeg Electric Co., common (initial)... 5% non-cum. preferred (s-a) 25c & Company 11-15 (quar.)....... Wisconsia Co. 12-18 12-14 ... Instrument Woods Manufacturing Go.,-Ltd. (quar,)..i.„ Stoker : :$5 par common stock on each outstand¬ ... , Water Co. 25c .... » . 1-2-47 (Stock dividend)—-One additional share of "r — : $1.25 .... White ,f : Brake........... .— Electric Extra 5 1 8/: Stationery— (quar.) Air Wiibur-Suchard (s-a)—,b— & Bros, Year-end Weston 11*15 ————— preferred 10-31 , ,7 12-1 25c . 11-15 11-15' 12-1 25o 12- 2 1-2-47 35c, ■ 11-30 „ 2-1-47 - 11-20 12-20 - 1-20; " Stewart-Warner : ■ , " .Corp. 37% c. 7 (s-a) Extra : Stokely-Van Cash 5% Camp dividend preferred on (stock 25C 25c 1-31 1-15 12-2 11- 2 12- 2 11- ... (quar.) 11-20 10-31 1-1-47 I-1-47 *75C1 Sun Ray thug Co., common 6% preferred (quar.) 10-31 12-16 12-2 11-11 11-15 It- 5 20o 11- 8 10-28 37%C (irreg.) 11- 8 .10-28 15o 12- 9 * Sunray Oil Corporation, common 4V4% preferred (Initial) — 10*31 $1.75 ... 11- $ $2 12-2 11-18 '6% 25c 12- 2 11-15 4% Swan-Finch, Oil Corp., common..-.---.-.... preferred 2nd (quar.) preferred (quar.).. ... ;250 37V2o IOC "1- 1 II-15 12-10 11- 1 12- 3 11-15 12- 3 711-15 ; 7713d -12b27: ' 11-5 1-1-47 12-BO (quar.)37%c 7 1-31 (quar.).... 37V2c 4-3Q-47 (quar.) .....w—. 37V2c 7-31 7 4-10 (San Francisco)— 30c , preferred 6% convertible 6% 7 7 ...J 11-18 common: Yellow" Cab Company— 6% convertible preferred 12- & $1.50 31V4C ... (quar.)... 12- 1 IOC Strawbridge & Clothier— 6% prior preferred A (quar.) Struthers Wells Corp., $1.25 pfd. Yellow Cab 7Co. r'^'NTew- 712-20 ' Refining (liquidating)-.b*: Yarg^ Producing Yates American •Machlne^bi*b.bibb^»*-bb.«-:'-;;". 12V2o 12-20 25c (initial) : 2 5% 25c dividend) common Stowell Screw1 Co;, Ltd., class Stratford Pen Corp. 20c 10-J8 11-15 12-16 12-16 " ' 10-14 •r 50c 11-11 Sterchi 10-31 11-15 - 2 (ouar.j— 1 (A.) Extra 10-31 Lighting (quar.)—.—75c Pacific Petroleum Ltd. (initial s-a) $5c Pacific 12- 11-15 — (increased quar.)— ''-'Quarterly 10-30 75 c S7VaC 11-15 $1 Stevens (J. P.) & Company—. Coihmon - (initial quar.).«.. 5 Pacific Gas & Electric, 6% pfd. (quar,) 5Vz% preferred (quar.) — 5% preferred (quar.)--—--———. 1 , 10-15 Owens-Illinois Glass Co.—b-jb-———_b— Co. 12-10 Stein 10-15 11-15 12- 25c ' (initial quar.) (Conn.) Standard 11-1 11-15 12-14 25c B $4.25 Standard Wholesale Phosphate & Acid Work*, Inc.*** : $$3 Pictures Washington Gas Light Co.*$4.50 convertible preferred 11-16 quar.) Standard SteeL Spring, 9 $25c $$1.75 • . 11-30* 1 25c 37V2C 4,7 6%' 10-31 Co., Ltd. com. (quar.) preferred (quar.) -——.——.-b 12-26 12-20 ■*< .Extra ."i>b-_-.b-Mibb-b-.bb-bb-bbbb»-w.k..« : 10-31 11-29 (s-a)U—b—b-. Ontario Steel Products ,7% II-15 33y3 % $0.59375 2 1- ... 'Oil of Indiana (quar.) bb.b.bbb.^b* Standard 11-27 2 11-20 1- 100% (quar.) Detinning Co., common 7%,rpreferred (quar.)... & Co., class B 11-16 711-12 Co. ^arren Petroleum Cof'p. 10-25 11-30 11-30 10-3i: 11-20 50c ... 10-18 15C 10-31 2 12- 2 411c ; Walker 1 62 %c 12- 22l/2c s-a) (monthly) Monthly • - 2 (initial Vulcan 12-2 11- 5 12- 11-15 $1.06V4 (Stock dividend).. Insurance Monthly 11-18 11-15 11-15 $1.25 $1.50 preferred Class 11-6 12-14 £1.12% $$1.12Va Standard Chemical Co., Ltd.-** "1 ? *7y*' 5% preferred (quar.)..^..-.— 11-20 1212- (quar.) — preferred- A 12-17 15c $$1.75 - _ Oklahoma; Natural .11- 12-18 •17-47 ' 1-17* 2- (irreg.) (qUar.)„„ Visking Corp., class A 11-30* Spring Bed Co. (qiiar.) bij^b—b«— Stamford 11-15 50c 11-20 1- 2 ■ 30c common pfd. &• Foundry preferred 6% 5 10-19 12-13 25c lc Pipe 4V2% Virginia Railway, $20c Spiegel, Incorporated—' $4.50 convertible preferred (quar.).^—— 11-15 50c 12-18 65c Utah-Wyoming Consolidated Oil (Irreg.) Vapor Car Heating Co., Inc.— 7% preferred (quar.)... Viceroy Manufacturing Co., Ltd. (quar.)... 5 15c „ 11-15 Brake-^ Newport News Shipbuilding .& Dry Dock— Nineteen Hundred Corp.. class ,A (quar.) Norfolk & Western Railway Co. (quar.) Adjustment preferred (quar.)— —— North River Insurance Co. (N. Y.) (quar.)_ NurEnamel Corporation, new com. (initial) Ogilvie Flour Mills, Ltd.. 7% pfd. (quar.) 11-1 Upper Michigan Power & Light— $3 preferred (quar.) 12-23 10- 30C • New York Air 11-12 10c Co., Upson Company Utah Hotel 12-23 1- Sparks-Withington Co.— .; Spencer Kellogg Aj Sons Cquar.)—..^bi— 1 12-15 10-31. 11-1 $1.75 Playing Card (quar.)_ Universal 12-10 1-15 17% ft * - (quar.) Spalding (A. G.) 1 I-2-47 10-15 11-30 — 10-18 Common 10-31 New England Lime-Co., common (initial)— 25c Non-assented $3 preferred (accum,) —!. $21 11-15 1 11-12 Laboratories, Infc.— Quarterly £b: ^California Water— Southern 10-30 — 11-14 50c Universal 11-15 1 Lines Universal 11-15 12- Extra 11- 5 11- 11- 8 2 $25c ... U. S. Potash Co. Southwestern Public Service Co.— 11-15 12- $37c Co.____.II. Extra 2 12- 1 S. 1 12-15 S. U. ,S. 12-13 11-15 1-15 (quar.)—__ 10-31 ii-i5 11-14 $1.25 S., Hoffman Machinery, 4%% preferred (quar.;, U. I 12-13 2 11- 5 (quar.)^ 10-31 80c ,' 7 12- 2 7^1-47 6-16-4?: U. 11-15 1-2 1- () $7c u— Southern States Jron Roofing 20c b (year^end)-, 11- Manufacturers— West Penn Electric, 6% Southern Canada: Power 10-31 53Vsc Co., 4(4% preferred (quar.)— Vulcanizing Fibre b 10-107 8 25c (quar.).I 9 11- 4-1-47 Extra 1 12- 2 $$1.50 IOC 11-15 2c 10-31 15 11- $1.25 U. 11-15 $1 20c $1.25 (quar.) quarterly 11- 25c $1-25 ' Naumkea# Steam- Cotton, $1.12% preferred (auar S.-Loan Society (Phila.) (s-a)— U. 11-15 $1.12Va — — 11-15 rr7C; . ; 10-31 (<juar.) preferred { 10-31 11-15 5%, preferred (quar.) 10-25 12-16 4V*% preferred (quar.)__ 4% preferred (quar.)——— 12-14 11-15 5% 12-10 ' 12-14 1-2 7 25C (quar.) 85c —< Ltd. Engineering & United Merchants & "• 12-10 fK ' 5% 87VaC -—— 6%. preferred Southern 11- 2 2 : ; National Tea National 10-18 Railway Co., common (quar.) 5%' non-cum. preferred (quar.)-„—b^wi^ series------------—b-—« ^Selected .Group 11-29 11-14 11-20- 92V2c ... Foundry 7% preferred (quar.) United Gas Improvement-.. 11-29 11-25 1 12-20 77:1-72;. 11-15 ....... 30C Southern % series America. 11- 12-14 12- " 75C of 11-30 12-14 11-20 25C United 1 1 -87V2o (quar.). tlnited Corporations, Ltd., class A Class B ' Southern California Edison, 11-18 1- (quar.)i—i'——$1.12Vb .vpreferred- stock'.series__v—■' California Co. 10-25 11-9 12- "-'■ Co 10-21 Co— preferred Southam Co., National Pumps Corp.— 6% prior preferred (qdar;)bb--,b;J National Securities Series-*- of $1.50 < (Alexander) & Sons, common (quar.).. Increased ^10-22* 12- 10c - Co. 11-30 Southeastern Greyhound Lines— : 415c $1,12Vi it National Linen Service Lead 7" New common 11-12* 12-1 11-30 South Bend Lathe Works—"": _ (initial quar.)— Oil 11-15 11-15 , ....... 12-31 (quar.) common Pulp Co.— Common (increased 11-12* 12-10 20c $4.50 pfd.. (quar.) b.M 25c 25c 17V2c ■> 1 12-1 350 tm m preferred (quar.) $4.50 preferred _(quar.).x...b.w.....^..,. ; Soundview 11-15 & Chemical; jof;Gana,da-- convertible preferred rn 11- 10-22 40o Missouri—, 11-25 11-15 13^40 11-15 Oil, Go.—»b^.-Lb.--- 3j/2% 12-14 :'10c$1.07 , of 11-9 11-22 $1.50 (quar.).. 25c preferred 7'#7 Extra 10-31 ~ 12-31 25C (quar.)i_—— (year-end) common (quar.) Company Smith • National Gypsun) Co., . • Skelly 11-30 $1.50 , Biscuit $25c Simpsons, Ltd., 4V2% preferred (quar.) Oil Corp. (quar.) : 11-12 25c United — Shawiriigan Water & Power Co. 12-10 —— National Cylinder Gas, common (quar,)— •*» Extra ••i—bu———b-J—T—^ 4V4% preferred (quar.)— National Drug 11- 6 11-20 12- $1-75 ' 60C b Inc-.; (extra) T--- Ngj^onal Cash Register (year-end) —- 50c 30c National Casket Co., Inc., com. (increased) $7 preferred (quar.)——d.———b,National Container Corp., common (quar.) 11-15 $1.75 Sighode Steel strapping, common (quar.)_> ; ■?*$%: preferred.; |quar.7«biibb^-b«bb-iw-^-. 12-10 12-28 15o ' Storage 12-14 > Sinclair . 10-31 —... Rubber Extra Manufacturing, $3.65 pfd. (initial)OH Co. (Del.) (quar.)——b-J—L. ■: Co.,' common->—————^ (quan)' —— -:'bb Union 68%C common Seaboard Surety Co. (quar.) Secord (Laura) Candy Shops 11-15 (quar.)—' Union 10-15 Seaboard 11-15 12-2 Of America—* National Acme- -Co.—. ——^ National Automotive Fibres_^i-j-_' •. $3.40 Sherman 11-15 Company ' (quar.)— Co. 11-15 Paper Co., Paper Co., ScoviU 11-26 2 —50o — • 3714c Producers Gorp." (s-a) 11-15 11-15 (quar.) Scotten Dillon Co. (resumed) 11-15 12- 3 : Murphy (G. C.) - 11-15 12- 1 bb rid .•» Extra Mutual Chemical 11- 12-14 12-14 .$1 OilbMining Ac Development** 11-15 12-* 2 11-9 25C $3.70 t; Lawrence Paper Mills, Ltd.— Scott 1 II-15 ;-bb7.5© ^l"VQuarterly;::-u.-----.-i---l-——b-.b—. 12-14 $1.25 (irreg.) preferred (accum.) Antonio Gold Mines (reduced) San-Nap-Pak Manufacturing Co.— : 70c preferred (quar.) Savage Arms Corp.__ Schenley Distillers (quar.)_— 11-30 — r~ $3.50 preferred' (quar.) 50C 6% 11-30 1- (increased)'— 1■ $14c (quar.)-^—-—b-—443Vic Morris Plan Insurance Society 11-29' 2 $lc (interim) preferred.. 7fqiiar.) & CO. 12-14 v 11-15 12- 2 $15c Montreal Cottons, Ltd., com. ,7%' preferred Eiectrtc 50C San 8 $$1.25 Moody's Investors. Service-* ;' -b$3 participating' preferred (quar;)--^J-*i ; 5 12- $1.25 —*——« Monarch Knitting Co., Ltd.,* com.: (irreg.)...» 5% preference (quar.). — 7: Moneta Porcupine' Mines, Ltd. (interim) bbb. Union $1.25 — St. 11-15 11- 25c — (quar.) (quar1.) preferred 12-20 $1 30c $1.25 Corporation Missouri Gas St Electric Service (s-a)—— Missouri .Public Service Asbestos $1.75 St. Lawrence Corp., Ltd.— 7 4% class A preferred (accum.) Minneapolis & St. Louis Ry— — preferred B 6 Vz% preferred v Union 11-15 —$1.25 Ltd., common (quar.)— $15c 6% preferred (quar.)— $$1.06(4 Iluppert ;(^acob),: 'common..—' v'?5o 7- Extra —•—— s. 25c ; 7 4 Va % preferred (quar.) $1,12 Va Rolland 1 $1 Stock dividend 1 10O & Co., preferred A (quar.)_ prior preference (quar.) ' ' f.8% I Ltd. 8% . 12- 12-12 11-8- Co.— T' **'W"1?**"• ' $2 $30 25c Company (quar.)..... Mines, , : • Goods Dry Rockwood 10-31 12- 2 (s-a) common preferred 11-15 12- 2 25c "••;$1 prior preferred 10- 5 : (increased) Company, 6% i— imm,*b Common > .M iC'75 iij.bb; Trinity Universal Insurance <Dallas; (quar.) Tyler Fixture, 7% preferred A '• B (quar. Interim) Manufacturing Co., Rheem 20c (year-end) Petroleum Class 12- 2 25c Mid-Continental 11-6 12-2 (quar. (s-a)_- Trane 10-25* 11-15 12-2 60c (Del.) (John R.) Gold 11-ift m 10-157 11- 1 ' 5°C $2.50 interest prep, Manufacturing preferred 12-14 Reynolds (R. J.) Tobacco— ; Common;; (quar.' interim) 10-31 11-15 07 %c ' $5 - - ' Republic Petroleum Co., common 5V4% preferred A (quar.) 12-15 1 $1.62% Metropolitan Edison, 3.90% preferred (quar.) Brewing, l0% preferred-'-— iMickelberry's Food Products (quar.) Extra 10-31 . 2 11- $1.75 $1 Metz , I- 11-15 45c JMerritt-Chapman ,& -Scott— 6)4% preferred A (quar.) 11- 35C Extra,;:— 8 15e- Mercantile Stores,: 7% preferred .(quar.) Merrlmac Hat. 8% preferred--, ' 11-15 62 Vac preferred Meier & Frank 11-15 11-15 $5c Quebec Power Company (quar.) Reading Company, common (quar.)„ Reliance Manufacturing Co. (111.)— :!i 3 Vz % convertible preferred (quar.) 11- 8 12- preferred Meadville : .50c (quar.) J—$1.0614 37%ft Telephone Co., common (quar.)- 2nd preferred : (quar.>.-..;b- 150 preferred (quar.) 7% preferred (quar.) Puget SoUnd Power & Light.— ,i Quaker Oats Company. 6% preferred (quar.) Quaker State Oil Refining, common (quar.) - $2 * 20o MMMMO'W' V $2.40 preferred (quar.) Thermatdmic Carbon Co.— Thompson 7 50o — of 10-31 10-31 11-15 12- 2 30c *t (increased) Certificated 11-18 (quar.) $5 10-31 12- 2 Mines (quar.)$50V4C ..^.b.^i.^.i-bb:*--$$1.00% McKesson & Robbins, - Inc., common (quar.) 60c ; ■ $4 ■ ■ preferred.'' .(quar,)—^-------^-^^ -77$* Mead Corporation, common (quar.)— 25c Extra.' 414% Gas— & shares Toburn — Electric Service 1 5% Sub - ', — Public 11- ' 1- 2 1-2 40C 'W ■ Mclntyre Porcupine *y "Extra. -— 11-30 ; 5oc — Proprietary'Mills, Ltd. (interim* Public Service Corp. of New Jersey— b 8% preferred (quar.)—i_—.i.b—..i—. 7% preferred (quar.) $5 preferred (quar.) 6% preferred (monthly) 6% preferred (monthly) 11-29 11-30 *5j)C ■ 4 12- 12- 2 50C — ' 1 11- (quar.) & (s-a) Texas Holder* Payable 0/Rec, $3c $3c 50c Tampa 12-1 '70c Vogue Shops, 6% preferred Gamble Co. (quar.)_— Princess Incorporated,, 4% preferred Electric Co. (quar.) Pacific Coal & Oil (s-a). Texas Pacific Land Trust— $75C (6% b'b Common Share — $1.10 When Pcr r w, „ ok ■ preferred (s-a) Plymouth Oil Co. (stock dividend) — Quarterly Prentice-Hall, $3 partic. preferred (quar.) w Name, of Cpmpany J"* i 1?"1* ' Sylvanite Gqld Mines, Ltd., com. (quar.) A",1"?! Common" bearer >(quar,) »Syracuse Transit Corp. (quar.) ______ 2-15-47 2-5-47 Talon, . $1.50 2% Pittsburgh Bessemer & Lake Erie RR.-* Procter 'T:-:'-r::;T77*:77'7 American Marine 12- 13 %c . ^ond9y,- November 4, 194S s payable of Rea. t°nG ®°° . Majestic Radio &; Television Corp.— 5%% convertible preferred (s-a) Marathon Corp. (increased quar.) — Marconi international Marine Communica- pivnhit* Thnra Share • $1 10-23 25c : ■ jVf^^7! vT"'• ^ k W*.j ' Lynch Corporation (increased) Lyncnburg &1,Abingdon Telephone (s-a)—__ Lyon Metal products > (quar.) ____; — M. J." & M. & M. " ConsolidatedMadison Square Garden Corp. (quar.)—— Mahon 11-5* 12-21 II-15 Lumbermans Insurance (Phila.) (s-a) Eunkenheimer Company —— 2'I 12- iv.^ Company 'Telephone; common (quar.).— b Commoplquar.), '^..^b,b»—ububb-bUJbbi^"^ 5* 12- 2 iii.ii.ii iii-i»i*'iiiii^ii'iiii-iiiiii.ii—. "' 11-5* I-2-47 $2 \ * w 11- 2 12- $12 %|C _ Iiock Joint Pipe Co., 8% preferred Longhorn Portland Cement— '5% preferred (quar.) bib 4<i. | Name of «■ Peiiinsular 11- 5* 12- 2 12- T7 12- toblaw Groceterias Co., Ltd., class A (quar.) 1 Payable of Rec, Share • . Holders When Company V' .b , irjtMKV^VK. i' ,■ - .. COMMERCIAL & FINANCIAL' -CHRONICLE 2324 • * :-"'• v convertible preferred 1 1-21 ' 7-21 YoUrigstdWn7Sheet & TUbe^ common (qua^) .7 v '■7'vEktra::vb..b......—w-- 7 ^75d 12- '6 711-23 ■. 750C ,12- 6 ,11-2$ Cooperative Mercantile Institution— 7-:7 -.*7 7:7; -Quarterly" b—— —^— ■ / ;:75c ; 12-15 ■ 7 12-. 8' K 'V ■; b;7' '''v'/.y.;' -l c}': f' % V Zion's ' • ' ■ 7: % Less 30% Jamaica income tax. ■ , , •Transfer books not closed for this dividend. tPayable in U. S. funds, less 15% , 7 Canadian non-residents' tax. in Canadian funds, tax deductible at the source. Non¬ tax l5%; resident tax. 7%. a Less British Income tax. ' tPayable resident ' j. N [Volume 164 THE COMMERCIAL & FINANCIAL Number -4539 ■ gfg Investment News —— " 0 Philip Morris & Co., Ltd., Inc.—New Director— >.- O. Parker McComas, Vice-President, has been elected a director, McComas, who Joined the cigarette company on Oct. 1 of this year, was formerly vice-president of Bankers Trust Co. in charge or the banking and foreign departments.—V. 163, p. 2446. (net^ Gross • The with the stocks. Price, $10.01 a. will be used for pay¬ ment of debt an(( working capital. Issue not underwritten. 1945 1944 $223,497 $122,008 $221,934 220,000 220,000 220,000 ♦After all $0.55 $1.01 $0.97 changes and taxes.—V. $1,317,667 96,350 532,112 575,536 deductions- $282,474 $320,617 $529,932 $625,623 . , the of 162, p. 3080. called for redemption six months intervening common Proceeds ; # / from from : 1945 1946 $1,824,395 ♦1,931,744 Pittsburgh & West Virginia Ry.—Earnings— SeptemberCross Wet 194S from railway railway from Wet ry. oper. Cross Net fjom Wet ry. -H-V* oper, 55,705 221,976 1943 r' ,'v ^ 5,469,772 339,246 income . 164, p, 1728. ; 1,660,653 317,392 1,114,571 - 261,506 19,672,554 25,481,023 28,628,314 27,057,075 / 6,073,105 3,723,359 15,274,637 16,489,310 : 2,253,958 7592,749 2,488,638 2,986,946 ♦603,96' 132,759 railway.-.- income 1763. 164, p. 1943 1944 1945 •1946 September— Net have been called for v'' 'V,,1 ""1 5,482,744 1,681,147 1,308,102 > " . The directors the no par Nov. 1,394,991 scribed, fthis year, letter of notification with the 1946 redemption will amount to paid In 1945.—V. Dec. on 50 cents 163, share, as S. & New as near to A. San to Francisco, Calif;, and. City Bank Farmers Illinois compared with «n ' of week the and Maryland; required Cumulative companies into this stock ($100 Dec. loan a 50,000 shs. of each year 31 1955. 31, 30,000 shs. 1,000,000 shs. 11,250,000 shs. agreement On Dec. Bank with from 1947 to 1954, of not less than one after the year holders the tenth authorized the number of common 1,250,000. shares from Safeway Stores, Inc.—Declares 1,000,000 April 20 a , corrosion, July 20, last. It is expected that a final dividend for 1946 will paid around the middle of December. Last year the Fund paid final dividend of 35 cents on Dec. 15, which brought total payments in 1945 to 80 cents per share. * The value of the Fund on Sept. 30 as compared with 3 and 12 months ago: fce in a develops the it Inc. 1,188.708 " ;• 1,12|2iP?f ' the sbbsidiary, $16.19 $ 'The $ From operations • ' tOther income. Divs. from 61,987,562 306,543 . ■ / 1 • " > 32,200 gross income ■from' all sourcesCost of goods sold, gen. eraF ' 84,449 corporation scribed ; , $2,294*105 admin, expenses—— Interest 57,348,593 52,618,992 148,177,820 193,415,703 464,455 258,000 218,750 5,343 72,308 1,436,600 — — Normal tax and surtax- 1,109,500 1,757,800 Excess profits tax—--•Portion of expenses in- curred for \,- 1,575,329 y 742,000 by 130,113 3,060,600, - 631,250 one Pipe consist , . 788,200 2,527,280 788,200 2,364,600 stk.- 1,771,829 1,739,080 5,861,729 Earns.,per sh. on common (13,381,016 shs.) 5,839,870 $0.13 $0.42 $0.42 turing 8,226,329 located j . ,$0.13 V ber investments.—V. 164, p.. for postwar rehabilitation and other adjust¬ tlncluding interest and dividends from other 2158, .•) ?v'.V Metalurgica, S. A. The latter plant in Rio de Janeiro, Brazil, be the balance engaged in the Mexican nationals. The manufacture of .steel ship- by half will be subscribed by the company and one half , Co. at Sydney, Melbourne, and Brisbane, Australia. As of shares at April of common & Co., Inc., San Francisco. The numstock, underwritten is 30,000. Company has the Blyth & Co., Inc., as its agent to company 100,000 additional shares of 164, p. 2158. v sell for the account of its common stock.—V. v ? -v Rice-Stix Dry Goods Co., St. Louis, Mo.—Special Div. V directors The share Nov. on 1. the cn Oct... 24 declared a special dividend of $1 per stock, payable Nov. 15 to holders of record.: of 75 cents each were made on this issue on common Distributions did not believe that they were J«a$bincreased earnings at this $Mne. ' of Certificate— Exchange on Oct, 25 directed that preferred shares, up to and including York Stock New cumulative $3.40 deliveries Nov. XV, be made either with temporary certificates or with perma¬ nent certifcates; that beginning Nov. 13, 1946, only permanent ,eer> tificates shall be a delivery.—V. 164, p. 1763. < 1946, may Seaboard Air Line RR.-—Earnings— $7,991,545 981,032 From Jan. 1— 355,050 Net from Net ry. —V. railway.—— oper. 164, pp. . 1943 $9,373,568 $11,263,575 $10,685,112 2,293,751 4,144,907 4,500.817 1,540,478 1,826,448 2,^,9$* '• railway frofn Gross V 1944 1945 1916 September— 7 from railway Net from railway Gross income—_ 83,897,171 100,144,007 106,336,691 102,911,129 14,867,373 31,591,650 40,569,515 46,182,356 7,439,630 14,414,336 16,981,798 26,050;®4« 1914 and Seagren Products, Inc., Brooklyn, N. Y.—Files Wifh SEC— The company for 20,000 will Oct. 23 filed a letter of notification with the jSEC stock. Price, $10 a share. Proceeds general corporate purposes. Issue not underwritten. on shares of $1 par Class A be used for Seeman Brothers* Inc.-7-Earnings— 1945 1944 1943 $89,633 $77,350 $93,375 104,200 104,200 104.800 share$0.86 $0.74 and provision for Federal taxes.—V. 164, p. 2058. 1946 $147,691 Quarters End. Sept. 30— ♦Net profit Outstdg. Earns, com. per ♦After 312,600 $0.47 shares com. charges Servel, Inc.—Year-End Dividend on by Co. (Far East) Limited. Rheem's initial contribution will machinery and equipment having a value of approximately employed 1946, reserve costs.. will and UNDERWRITERS—Blyth balance of these expenses, amounting to $109,000 for the quarter ended 30, 1946, and to $2,760,000 for the first nine months of wartime Rheem 30, 1946, thecompany had invested $197,709 in the Australian company. ♦Being the amount of the related tax reduction ($176,000 for third of 1946 and $4,452,000 for first nine months of 1S46). The charged to the company they permanency of 2058. p. Net ry, ,oper...ipcpp)e-— Rheem Manu¬ 70% interest in a company 1,692,000— . quarter ments of a » V\r-. palso owns an exact 50% interest in Rheem Manufac¬ (Australia) Proprietary, Limited, which is engaged in the manufacture of steel containers, tanks, and water heaters, at plants 8,204,470 2,364,600 "Was of The -JSept. as owns of the first half of 1945 and prior years, estimated to be well above the comparable Scott Paper Co.—Form The of Products <\i in turn modern a 7 dividend which been abandoned, at least for the time being. ; future, the company contemplates causing to be formed, Singapoie, an affiliate to be known as "Rheem-Hume Limited." It will be capitalized for $940,000 (U. S.), of $141,000.- 2,560,029 com. East) (Far which Hume income-:----—— Balance for also are therefore, .said directors, —V. .164, near 479,995 dividend-—— Net Hd. Research above those earnings current fied ip assuming the in the Colony of 3,903,900 12,682,500 67,000 — the company the I11 2,678,983 postwar (net) reconversion It This plan has -—551,575 of patents Amort, known constructed usual quarterly 1945. The directors stated, however, that they did not thwlk it advisable to increase- the common stock dividend/ which has been 25 cents a -share since the three-for-one split-up, "because of disturbed business conditions which may exist during 1947." -Wbe subsidiary, wholly' owned Inc. which Usual Dividends— period in . devel¬ selling and Depreciation Rheem used ore of ping containers and household products near Mexico City. : ; Company contemplated the formation of a Canadian subsidiary with a capitalization of $600,000 (U. S.) of which two thirds would be subscribed"by the company and one third "by Canadian nationals. '58,702,120 163,604,191-222,002,801 operating, opment, has'a alsb has Mexican Total 1945, sale the manufacture of steel shipping containers commenced 'on May 29. 1946. It is contemplated that in the near future other products will be added. Company's investment in. Rheem Brazil as at April 30, 3946 was $378,878. < "'-V. In July, 1946, the compauy caused to be formed, in the Republic of Mexico, an affiliate known as Rheem de Mexico S. A. It has been capitalized for $700,000 (U. S.)t of Which 49% will be sub¬ 58,482,737 163,135,559 221,122,315 187,183 468,632 796,037 foreign subsidiaries of perlite materials. and which in $ Cross income: of building manufacture ■""■1 compaiTy company 1946—9 Mos.—1945 $ and to be formed in California a subsidiary, Globe As¬ which is presently engaged in the mining, processing and of asbestos. It owns a two-thirds interest in this subsidiary. April 30, 1946, the company had invested $223,562 in this at As Subs.)—Earnings 1946—3 Mos.—1945 K October processing and of substantially ' Co., selling Brazilian Period End. Sept. 30— In facturing Co. of Brazil, Radio Corp.. of America (& Domestic and the declared the and Oct. 1,- this year.: 'regular quarterly dividend of $1.25 per share on the 5% f»xeferred stock, par $100, was also declared, payable Jan. 1 .to h(4dqra of record Dec. 4. ' ' * ' It was announced that earnings for the first half of 1946 weue t insulation articles, others. to mining of 30 the common stock, par $5, payable Dec. 17 Ui record Dec. 4. Similar distributions were made on ApsU The caused bestos '"" $17.50 $15.26 in patents and licenses * Sept. 30,'46 June 30/46 Sept. 30,'45 $18,133,000 $19,806,000 $14,596,000 and manufacture Oct, on 1, July 1 assets and directors The • of that now carried on by the company. Included in the so acquired Were a manufacturing; plant at Emeryville, Calif.,; plant at Richmond, Calif. The directors have declared 9. .dividend of J.5. ' y " ■ -■ ' cemts per share ori[ \ Tbe manufacturing operations of ths company are carried on in the common stock, payable Nov. i, to holders .of ;record Oct. 21, it its .own plants located at Richmond, Calif., Stockton, Calif., South ■was announced on Oct. 24. .Gate, Calif., Chicago, ill.,. Houston, Tex., New Orleans, La,, Bir¬ Distributions of 10 cents each Were made on this issue on March 14, mingham, Ala., Sparrows Point, Md., and Bayonne, N. J., and in a July 2 apd Nov. 1, last year; none since.—V. 160, p. 2652. privately-owned plant leased to the company located at Salt Lake City, Utah. In addition, research, engineering and development op¬ (George) Putnam Fund of Boston—To Take Action on erations were carried on in leased buildings located at Eddystone, Final Dividend in December — Asset Value Pa., and Pasadena/ Calif. $15.26 per Share—> The company has a wholly-owned domestic subsidiary, Rheem Re¬ A distribution of 15 cents search Products Inc., which is engaged principally in the manufacture per share was made on Oct. 21, 1946, and sale of to stockholders of record Sept. "Tridite," a solution tor the coating of metals against 30, 1946, the same as made on Shares; outs|;anding.->>^^' op note evidencing the the on phases No/ of company 25 cents per share on of be to , With SUC Oct. 25 filed a registration statement for $14,*000.000 1st mortgage, bonds, due 198!. Underwriting, to be deternuwjd by competitive bidding. Offering is part of the company's refinanci»g program which includes the issue and sale of $5,000,000 10-year serial notes, bearing interest at 1.75%, Proceeds, together with treas¬ ury funds, will be used to redeem $19,131,000 1st mtge. sinking lund gold bonds, 4Viz% series 1979, at 102Va.—V. 164, p* 1783: / " 1945, the company entered America National Trust and $150,000,. commencing coaters, /Safe Harbor Water Power Corp.—Registers s.Tlie Entire 12, of machine of. the largest and most modern in the country, , >... ' Justin H." McCarthy has been appointed chief engineer at the company's kraft pulp division In Seattle, Wash.—V. 164, p. 2058: ■ series power new increase corpo¬ Purolator Products, Inc.—Declares 15-Cent Dividend— Net asset value per share../..:.;....." —V. 163, p. 1289. first stage of a $6,000,000 expan¬ the latest type Roberts grinders, construction and electrical distribution system, and installa^ all designed to make the Deferiet plaujt battery of plant a of loan, and final maturity and payment anniversary of the note. The entire sum of $2,000,000 was borrowed on Dec. 31, 1945 and the proceeds used to retire all outstanding 10-year sinking fund 3%% debentures, series A/ fin June, 1946, the articles of incorporation were amended so as to date 26, 1946 totaled 198,968,000 kwh.; as 178,058,000 kwh. for the corresponding week last year, resources—; the one Outstanding $1*850,000 $2,000,000 par) (par $1) due on Dec. due instalments increase of 11.7%. net completion of program new a tion , Total Capacity of Plant— the include GIVING EFFECT TO PRESENT FINANCING Association, by the terms of which the Bank agreed to lend to the company the sum of $2,000,000, with interest at the rate of 2 V2%, the interest to be payable quarterly and the principal in annual Oct. and Called— plant's capacity from 80,000 tons to 110,000 tons annually, at Deferiet," Mr. Ferguson stated, "is part of ;a expansion of all the company's operations and will enable us to boost production of bleached groundwood, catalog, directory and magazine papers to meet the rising demand for these produets.-"" Additional installations under the current program at Deferiet HISTORY & BUSINESS—Company was Electric output of the operating companies served incorporated on Jan. 22, by this corpora¬ tion for the week ended Oct. 1930, in California. The present company is the successor to two 19, 1946, totaled 171,799,000 kwh., as .compared with 174,229,000 kwh. for the Copartnerships and a corporation/ ail of '.jvhich had been engaged corresponding week last year, / for some years prior thereto: in: business similar to one *or more ■&. decrease of 1.4%.—V. 164, p. 2057. , / Ferguson, President, on Oct. 24 announced a 37% % Increase papermaking capacity of the company's Deferiet, N. Y., plant, "The Savings Corp.—Outputby ; 2,097,188 long-range increase Cumulative preferred stock 4 Va % Common alphabetical served 1763. possible by lifted to to preferred stock ♦$150,00G operating ended 1.877,461 sion and development program at the company's large pulp and paper ;,s If < s of a new 218-inch Fourdrinier: machine, bringing six the number of machines now producing paper at Deferiet, has the CAPITALIZATION to the 12,317,960 6,597*051 i,670.871 mills here;J, Installation of com¬ Irving Trust Co., trustee, 1 Wall St., New York, N-. Y.—V. 164, p. 1913. output 6,878,664 1,177,174 K. the made Co. pomplete the purchase of equipment and production in the present man¬ lines at various plants; the balance if any, will be used to augment working capital. The $2,511,069 bank loans were obtained by the company to fulfill prior commitments in the inauguration .of its [program of expansion. Public Service Co. of Colorado—Partial Redemption— for Trust in from the sale of the 200,000 shares will be outstanding short-term-bank loans totaling $2,511,069; construction of buildings at the company's plants in repay complete machinery ufacturing possible. Public Utility Engineering & Service 3,276,739 incoma__. St, Regis Paper Co.—Increases R. agents: PURPOSE—Proceeds used The company has called for redemption on Dec. 1, next, at 101 and Interest, $400,000 of 4% sinking fund debentures due Dec. 1, 1949, through operation of the sinking fund. Payment will be made at the Electric public York. balance ration 125,909 14,508,103 corporation has called for redemption on Nov. 18, next CJ> all of tbe outstanding first mortgage sinking fund 3%% bonds, series C, at 103 and interest, and (2) all of the outstanding second morgt^ge .[5%vgginking fund bonds at 102 and interest/"'^-vii'^ Immediate < payment of the full redemption price, plus accrued interest to Nov. 18, 1946, will be made upon presentation and sur¬ render of said bonds at The Royal Bank of Canada in Montreal or Toronto, Canada, at the holders' ^option.—V..164, p. ,2158. V- '"•vV>< 'V v/' .i ?' '! "i Stock Oversub¬ Authorized always 122,491 13,861,910 5,966,183 ■ 2446. p. 92,560 not American Trust Co. San Francisco, Calif, and Chase National Bank New York. Registrars: Bank of America N. T. 2, per. $1,232,558 547,706 170,043 11,966,119 St. Maurice Power Corp.—Bonds ♦Unsecured instal. note payable to bank as Pro¬ is In connection with public offering of the 130,stock, the company will offer 70,000 addi¬ Transfer NOTE"—For mechanical reasons it is not always possible to arrange companies in exact alphabetical order. However, they are position Issue railway income oper. Net ry, oper. —V. 164, p. SEC offering price. Oct. 25 declared a dividend of 20 cents per share common stock, payable Dec. 31 to holders of Together with the 30-cent payment made on July 31, cents share. a work. tional shares to Bethlehem Steel Co. at the initial SEC value total for pared with 20 cents 163.898 392,615 railway-— Net from railway— 000 shares of on 22. 50 development $1,239,126 185,537 Gross i'rom new issue of 130,000 shares of common stock ($1 par) was offered to the public Oct. 23 at $21.75 per share by Blyth & Co., Inc., and was quickly oversub¬ Power Corp. of Canada, Ltd.—20-Cent Common Div.— jTecord and $917,594 /K From': JaaZ/l^/:/ scribed—A1 5,937,185 2,174,486 next, through •operation of the sinking fund, $148,050 of first mortgage bonds due JNov. 15, 1958, at par and interest; Payment will be made at The JNew York Trust Co., corporate trustee, 100 Broadway, New York, N. Y. —V. 163, p. 2446. <on Price, common. mining ry. $1,037,304 railway The Poli-New England Theatres, Inc.—Partial Redemption There par) for of notification with the Rheem Manufacturing Co.—Common common ($1 par). Price, $2 a share. JProceeds will be used for working capital. Issue not underwritten. . (50c used letter a from 208,249 Pocroot Hotels Corp., Philadelphia—Files With SEC— a be filed from Net underwritten. ' The company on Oct. 23 filed Xor 150,000 shares of Class A Oct. 21 shares will $2,890,605 St. Louis Brownsville & Mexico Ry.- -Earnings— ■ Gross 153,164 , , 350,000 ceeds $606,920 3,449,797 railway 1943 $614,436 192,935 80,944 y, Prom Jan* 1— from railway.*.;.... : $431,963 95,589 91,489 ; _ income for 1944 1945 $469,211 • between the date fixed for such redemption and Files With SEC— on ' ^ t -' railway_„__ ♦Deficit.—V. , company , . 1,645,795 283,684 • The •, 1944 $3,011,365 1,589,405 $2,298,551 398,410 railway railway____„« Net ry. oper. 1, Dec. on and each. r v Net jry. oper. Income^^ Net outstanding the respective dates of maturity expressed in the notes. Payment will be made at the Guaranty Trust Co. of New York, trustee, 140 Broad¬ next, out of way, New York, N. Y.W ''•■'■ ■''■■K. i " moneys in the sinking fund, $132,000 of first mortgage 4'/a % bonds, The serial notes, series A, due Dec. clue Dec. 1, 1,1946, will be paid at maturity, 1050, nt 102 and interest; $41,000 of first mortgage 4>/a % bonds, series B, due Dec. 1, 1950, at -102 and interest, and h —V. 164, p. 1913. ' $70,000 of first mortgage 4Vi% bonds, series C, due Dec. 1, at 100 and interest. Payment will be made at the Chemical Bank & Reymert Extension Silver Mines, Superior/ Ariz.— Trust Co., trustee, 165 Broadway, New York, N. Y.—V. 163, p. 258b. has company from from Gross serial notes, series A, du© 1947-1948, have been; called for redemption on Dec. l* next, at par and interest, plus a premium equal to 15/100ths of 1% of the principal amount for each Pittsburgh Steel Co.—Partial Redemption— The \ '.'.''■•'•a'.'V, • September— Net Railway Express Agency, Inc.—Calls Serial Notes— All letter of notification a preferred share of . .' From Jan. Ijfj43./-:'-' $212,559 25 filed of one Richmond Fredericksburg & Potomac RR.—Earnings— $1,432,526 806,903 $1,119,858 799,241 $1,105,468 Oct. on consisting mf 114,859 $814,586 — income Net 220,000 $1.02 outstanding Earnings per share $1,023,508 68,248 $$$* —V. 164, p. 832. 194G Shares $1,037,220 company 7,500 shares each unit Gross Pittsburgh Forgings Co. (& Subs.)—Earnings— Quarter End. Sept. 30— •Net profit income Income 'I ; . Laboratories, Inc., Edmonds, Wash.—Files Witfe SEC— - - 69,720 income— income Mr. - . $744,866 Operating Other ' . Ridd for • '.•),: and on Feb. 1 and Sept. 1, 1945.—V. 164, year, . — (Continued from page 2290) this 959. p. 1946—12 Mos.—1945 Total oper. revenues.— $6,693,690 $6,394,194 Operating expenses——2,833,367 > 2,323,603,3,764,289 3,139,367 Maintenance : ■ > 385,704 290,584 546,500 402,862 / Depreciation a—, 357,027 :-: i.i324,754,. 465,278 V; 433,146' Taxes (incl. Income tax) 777,689 896,340 894,115 1,101,152 1946—9 Mos.—1945 ' $5,098,653 $4,872,501 Period End. Sept. 30— V 1 and Sept. 3, Feb. Queens Borough Gas and Electric Co.—Earnings General Corporation and 2325 CHRONICLE; Common Stock— declared a year-end dividend of 30 cenjte per share on the 1,726,926 shares of common stock outstanding, par $1, payable'Dec. 16 to holders of record Nov. 26. ^^^[7 -—Distributions of 25 cents each were made on the common stock on March 1, June 1, Sept. 1 and Dec. 1, last year; none since. The usual quarterly dividend of $1.12 % per share on the outstanding 60,000 shares of $4.50 cumulative preferred stock, no par value, was also declared, payable Jan. 2 to holders of record Dec. 12.—V. 164, . p. The directors 14. Oct. on - . 29 ■ 7-Up Texas Corp.* Houston, Texas SEC— — Registers With . Oct." 28. filed a registration statement with the SEC for 71,141 shares (45c par) Class A common and 35,441 shares (45c par) Class B common. The- underwriters who are also the selling stockholders are Dempsey-Tegeler Co., St. Louis, Mo.; Dittmar & Co.^ San Antonio, Texas, StiXel, Nicolaus & Co., Inc., St. Louis, Mo.; and Rauscher, Pierce & Co., Inc., Dallas, Tex. The company on: ( BUSINESS—Company OP HISTORY of individuals who formerly comprised the key personnel of Foreign Sales Department of Butler Brothers New York Division incorporated in New York Jan. 1, 1945. >,<'• . ' w' ' The is company various markets. foreign merchandise rin Net the At lines of / The textiles, three past the in corporation Net ry. various etc. *./i; has discontinued a large years profitable enough to continue doing business. At the present time the company Is serving approximately 2,000 active accounts throughout the world. The accounts consist of the larger retail, wholesale and chainstorev concerns in the principal cities in the foreign markets. corporation's bulletins, and to keep to the time the of i ' - PURPOSE—The from from Net ry. —V. 17,945,152 4,048,716 __ 17,222,902 4,443,315 1,453,133 1,874,974 income. 164, __ The to • Iron v Authorized stock of all VOTING Preferred into of redemption on Nov. 20, next, of convertible preferred stock at $105 <• ■ \, > r . ' v have the privilege of convertings their stock stockholders into v " , The right to INCOME STATEMENT, 8 conversion and Bank Title - of Manhattan the Guarantee and COMPANY land Finance costs Nov. T ' of Co., New York/ is transfer' Co., New York, is registrar. on $92,683. conduct manufacturing, a pro- ' . each, agent, for ' food. It the continue to intends Alex. and scale. In the of excess January, company's 1943, organization of its over expenses to revenue Dodge Clark & ■ Riter L. F. Rothschild & Co..™ Salomon Bros. Co,_ 2,000 3,000 l,OQo Shields 7,500 Elkins, Morris & Co....... Elworthy & Co Equitable Securities Corp.. Fauset, Steele & Co Putnam Ac Co.«^———— 1,000 1,500 ... f 7.SOO Robinson Co.. & Smith, Barney & Co.™--!. Stone 8c Webster Securities 1,500 3,000 Spencer Trask & Co.™___ Hemphill, Noyes & Co.. 4,000 1,000 J. J. Hilliard & Son.... B. Hornblower Weeks...._ & Corp. 4,397 it.has had net follow:. 1943, In the eight-month period sustained a net Iobs from its company has been on an operating basis taxes in' the last three full years,-as Aug. 31, W. -C. 1945, $143,703. the 1946, company Hutton Corp G. H._yWalker & Co White, •fyeld & Cb._._ 4,000 operations amounting to $144,347. , , The company's management has reason to expect, on. the. basis of orders, conditional as to price, for substantial quantities of its planned production of cured soya oil, soya oil meal and mill feed, and on the basis/of the general condition of the market for cured soya flour, 7,500 Langley ft Co,. Lazard —V. Co & & Co.~™ Freres 164, — 4,000 3,000 7,50® 4,000 & Co.... Securities Union Whiting, $150,000 loan- to. the company. E. 7,500 —._™ Anthony Tucker, Dean ending 1,000 7,500 Sachs & Co._^ 7,500 7,500 4,000 7,500 1944, $70,367, and 4,00® I, M. Simon & Co.™ Hawley, Shepard & Co,.t„ Hayden, Stone & Co. was 4,00® . & Company Kidder, Peabody -ft Co..™ Ladenburg, Thalmann & Co. the & 4,000 i 2,000 / tyeeks/<fc Stubbs. Witter-As Co 4,000 1,000 1,500&■ Wurts, Dullest Co..™™ Yarnall it Co.— ™:™ ™ 2193. p. : : 2,00® — Scranton W. Chas. —: & Hutzler.^ Harriman Ripley & Co., Inc. Goldman, 31, '1,000 11,00® 2,00® ^— : Pressprich & Co. W. R. property of the company) after 2,000 Phillips, Schmertz & 1,000 losses 1,500 — McDonald & Co——— Janney> & a Inc. Mason-Hagan, W. to secure 7,500 3,000 3,000 Co.__^ Co i Dominick & Dominick 4,000 Brothers Lehman Laurence M. Marks & Co._ 1,500 1,000 Co.. & & Hlgginson Corp 3,500 4,000 1,500 (Inc.) & Co.™ Davenport commenced producing cured the company W. Courts manu¬ Dec. Shares Lee 2,000 Sons. & Republic Co. E. Mary# Company had-virtually no revenue, and development programs entailed date Brown Central , commercial a No. of No. of explore animal • y/V ' Shares> Dillon, Read & Co. Inc.™ 19,250 Blyth & Co., Inc. 19,250 A. C. Allyn & Co. Inc 3,500 A. G. Becker & Co. Inc.™ 3,500 : Clark, incorporated in was follows; as are v names of the principal underwriters and shares of stock severally to be purchased by soya, on a commercial scale, in its mill at Hagerstown, Md., on which Reconstruction Finance Corp. has a lien (as well as un other $21,058; Reserve for Federal Income .taxes to these the 1942, $19,552 __ Trust BUSINESS—Company 1932, its promotional and research considerable expense. From the .w^-v9,728 before Federal income taxes™., was • -- ; number of - products, and also to engage.-in the .production of low-fat soya flour, soya oil and soya, oil meal. * . < t|ntil 1943 the company made no attempt to., manufacture any Since iNet income ... of Company 1 Stock Offered—Peter. Mor¬ — but $9,824 Other income AND 3, beans) soya prbducts $31,509 21,685 w—„ . Balance-:. ■ -l 71,466 Net profit before financing costs , subsidiaries its UNDERWRITERS^—The the maximum * the possibilities of the successful ex¬ ploitation of the curing of soya beans, and ultimately to manufacture various products therefrom. Company is now manufacturing "cured whole (full-fat) soya flour and soya grits for humatr '©snsttmption and, as a by-product, mill feed (consisting of 4he ground-up -hulls of 461,519 \i''ti ■■ Belling, general and administrative expenses——..—.^.—— Trust " „ Co., New York on Oct. 30 offered 375,000 shares of common stock (par 10) at $4 per share. ^v' "$564,495 Cost of goods sold the is ^ Soya Corp. of America ' 1 agent 7 L 1 gan & 278,348 shs. MONTHS ENDED AUG. 31, 1946 and company ////,•' facture tfet sales must be exercised on or before convert '< / Georgia, Atlanta, Ga. -voting a 5,000,000 shs. —«««. BUSINESS—Company subsidiaries. stock in the ratio of ten shares of common for each share common preferred. 15, 1946. The redemption comprising the present manage¬ trust agreement whereby they have pledged with a voting trustee 188,348 shares of the common stock of the company presently owned by them for a period of ten years;, * entered 5% Nov. TRUST—-The' individuals have ment Roofing Co., Savannah, Ga.— the outstanding shares of share and dividends, per ■ ' |ft Outstanding 500,000 shs. <par 25 cents) & v CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING « 220,000 shs* • 3,174,527 shfii ' • • agents i < States Outstanding 350,000 shs. ........ stock cessing and merchandising business in a large variety of' products, •primarily food products, foodstuffs, distilled products and malt, throughout the United States and Iri certain of such products- .to Canada, and a number of foreign countries. The company is primarily an operating company. There are eight active subsidiaries operating in the United States. Foreign operation* are conducted by 13 other active subsidiaries. All of the capital stocks of subsidiaries are owned by the company or by wholly-owned The. directors have authorized the. of this issue is to pay the outstanding its factors and to eliminate the necessity purpose corporation • -Common 27,333,107 24,718i365 2193. p. , 1 21,796,548 12,857,404 income. Calls Preferred Stock— of, maintaining factoring arrangements which have not only been exceedingly costly, but are presently retarding the corporation from increasing its business. The elimination of the factoring charges will substantially increase the corporation's net profit on its sales and 4he additional available capital will permit the company to proceed with the expansion of its business, ' , . 20,717,235 9,780,658 3,618,277 22,322,746 8,144,503 3,552,095 FINANCING Incorporated in Delaware June 28, 1929. It commenced operations in September, 1929 as a consolidation and continuation of the long established businesses of Fleischmann Co., Royal Baking Powder Co., Chase and Sanborn, Inci, and E. W. Gillett Co., Ltd. Its operations have been expanded from time to time, particularly through the purchase of the - established businesses of Standard Margarine Co., Inc. (and associated companies), Loudon Packing Co., and Shefford Cheese Co., Inc. y. HISTORY 158,632,803 192,098,415 196,256,220 182,650,153 30,107,610 70,948,870 78,935,608 86,680,567 railway- railway oper. Southern worldwide organization posted on all current additions expanding line of merchandise, and at the same valuable merchandising hints concerning the different the railway- railway oper. . • EFFECT TO PRESENT Common stock. (no par)-—--i. 1943 1944 1945 From Jan. 1— Gross constantly present from from ry. (no par) cumulative pfd. $3.50 1946 ' ■ required) to redeem, at $110 per unexchanged shares of old preferred stock, Authorized Southern Ry.-- -Earnings— Net well as to certain important foreign clients and corporation's sales promotion department serves products. debt all to addressed questionnaires periodic as The accounts. / Applied extent CAPITALIZATION GIVING sales and sales distributors, house the to Preferred stock Net organization consist of 71 active agencies, sub-agencies and distributorships throughout the world, each of which confines its efforts to the adequate exploitation-and sale of its specific lines. The promotional activities of the corporation's sales depart¬ ment revolve around a series of up-to-date and carefully prepared The 5,049,857 4,918,878 286,470,044 370,096,717 372,650,664 344,602,395 32,108,364 102,048,105 117,771,918 136,440,437 17,722,026 26,781,265 30,785i091 46,329,788 income— oper. Net "exclusive own 1,576,502 / ' &/$>; Incorporated, Registrar, Morgan Trust Co. 164, p. 1915. Gross world-wide sales coverage, the majority of whom representatives," covering the markets of Central and South America, the West Indies, Europe, the Scandinavian countries, the Near East and Far East, South and West Africa, etc. its 1,717,781 , P. AGENT—J. ; y (together with treasury, share plus';' dividends, all to pay the cash adjustments payable to holders of old preferred stock accepting the exchange offer, ahd to pay expenses and underwrlting commissions. funds 1— September— The corporation has lire —V. whom it felt it was not accounts with its smaller of number income— oper. from ■'//- best efforts to procure in due $3.50 cumulative preferred stock Its use PURPOSE—The cash proceeds will be 15,790,419 2,811,474 >13,390,362 will the shares of the New York Stock Exchange. of listing Central Hanover Bank and railway Net from railway notions, etc., and its own exclusive brands in including hosiery, underwear, women's dresses, cosmetics, ry. Gross 1943 ' 4,237,454 railway the TRANSFER 1944 $37,430,649 $41,670,456 $38,713,661 $32,586,128 railway From Jan. time the corporation represents exclusively more than 20 leading American manufacturers, acting as their foreign sales agents and distributors. The corporation also distributes a large and divers¬ ified line of household utensils, such as enamelware, glassware, chinapresent ware, from Net sale of distribution and exclusive the in engaged chainstore of lines from ' • 1945 1946 September—. Gross and. was to //'v/ LISTING—Company course Southern Pacific Co.—Earnings— group the for subscription warrants the purchase to proposes be; subject) present laws Pennsylvania will the 4-mill personal property, who are residents of preferred stock new V/-':": /-#/ on 1943, by 1, organized Jan. was also of under not • Birmingham common.—V. 164, p.' 2193. Agent and Registrar, Irving Trust Co. Transfer a cost of $9.50 a share. Southern (par 250) at $3 per share. stock holders $10 a share. Mr. Van Den Berg owns 665 has offered to sell it to Southern at his at Birmingham and of shares Oct. 29 offered 90,000 shares of common on their stcck purchase Engel, Sharot-May Co., Inc.—Stock Offered—Hautz & New York Monday, November 4, 1946 CHRONICLE ■THE COMMERCIAL & FINANCIAL 2326 . Net income for ^-V. period. /, . , $15,155 / 164, p.^2058. Shatterproof Glass Corp., Detroit, Mich,— Registers that With SEC— The SEC for of par) common. The market. ' // Price, . i f ^^ C1 '■ . t .. "fYA srC 1 1,' x-\ - , (W. A.) Sheaffer Pen Co.—Advances Seven Executives ■"At A. Mr. B. also Olson Howard becomes takes over W. F. Heising's place And Bernard J. Byers was promoted vi Manufacturing. The A next board of annual from, five directors meeting, to a seven.—V< will 164, p. EARNINGS 2588. and to $75,000 out of stock ' of Power as the at > , depreciation—-1 from railway.. Net from railway Net ry. oper. have i 958,058 shs.-. • Gross $582,010 227,057 > - $140,755 11,109 13,661 50,884 income 22,786 - " 117,848* from Net —V, ry. oper. 164, p; income 1765. other $162,163 51,246 19,483 1,658,009 1,562,169 €09,108 :497,70J 196,638 Mi*179,925 66,947 Net in securities and real estate $237,105 Jjfet profit from security, etc./ transactions.... 101,445 / /'■ From " 1944 Profit before minortity interest ■-t Minority -'interest.. Net -i f.v-ir„, , $338,550 ™, ,, 28,822 „ profit ..... . Preferred dividend requirements... : -$309,728 „ 25,188/ - ^Earned, per share on 1,544,537 commonshares_w.™...._.. —V. 164, p. 1251. • : ♦ 1: • ■/' V.,/' ■///// v //i®/://://#■*?' South Carolina Electric & Gas Co.—Registrar—' The Manufacturers Trust Co., New York, N. Y., has been New York registrar for the common stock.—V, 164. p. 1764. , Southeni Colorado Power Co;-—Weekly ... Electric output of Electric totaled of output as Output-^ 2,071,000 26, kwh; an with v"' 2,058,000 kwh:- for increase of 9.2%.—V. Southern Natural Gas Co.—Files Plan to 1946 fbr" the for the week ended Oct.-19, compared as last year, with ; increase of 9.0%. an this company kwh.; 2,243,000 corresponding week compared year, 1946,the 164, p. 2059. ' Speed Sub¬ sidiaries' Merger— / latter the facilitate To Alabama Gas has Co., ultimate both of merger Birmingham Co. Gas with of Southern'Natural Gas subsidiaries Co., the interest in the minority shares. Southern now owns / At the same time, Birmingham applied for permission to sell 45,509 additional common 6hares ($2 par) to its stockholders on the basis of to the SEC to purchase amounting to 28,547 common 199,001 common shares of Birmingnam. applied Birmingham ' one share for five interests exercise shares held at $8 a share. Assuming the minority their rights, the interest would be increased by 5,709, to 34,256 shares. Southern except C. proposes Van Den to offer to Berg, Jr., all a other stockholders director of of Southern, Birmingham the From Jan. Gross —V. 17,568,088 8,426,031 2,999,647 Y 4,345,631 20,661,139 19,254,990 6,910,048 6^W),441 3,525,975 right to Standard. Brands Inc.—Preferred Stock Offered—Dil¬ lon, Read & Co. Inc. and Blyth & Co., Inc., headed an in¬ vestment banking group which underwrote the exchange offer by the company of 220,000 shares of its $3.50 cumu¬ lative prefererd stock (no par). Holders of the company's outstanding $4.50 cumulative preferred stock were af¬ forded the opportunity of exchanging such shares for shares of the $3.50 cumulative preferred stock. # The exchange period expired at 3 p.m. Oct. 29, 1946. The stockholders subscribed to 167,772 shares, and the un¬ exchanged portion (52,228 shares) were offered to the public at 98 and dividend. 220,000 to cumulative shares dividends from Sept. of at $3.50 the of will before Sept. 15, 1946; find also it possible to increase their X64, p, -2193. / ; t TransitJty. 1946 1945 1944 $355,130 76,964 13,456 90,358 33,375 $433,002 131,768 y oper.-income... ;#/.///''# railway railway. -Earnings— $321,538 * railway™J?# Jan/1—/ from from 49€? $368,877 186,083 65,661 120,936 /•//'/■ ■■///' 4,164,857 1,553,654 2,607,819 213,594 164, p. 1765. "J.. , 4,077,114 1,790,356 3,146,452 1,447,074 908,153 ^ - ;v / • > - 1 " . ,v.... '■ v ' ■ ~ '>v/ . , ■ - ''•>. ~':'i Stewart-Warner Corp.—Extra Dividend of 25 Cents— The directors cn Oct. 23 declared an extra dividend of 25 cents /per share and the regular semi-annual dividend of-25 cents per shaga on the-5 par value common stock, both payable-Dec."2-to holder® f of record Nov. 2. Together .with the semi-annual payment made otv June 1, this will make a total of 75 cents for- the year-1946. Regular t semi-annual dividehds of 25 cents each and extras of 25 cents each < were paid on June 1 ^ and Dec. lf last year-, making a total of $1 /paid in 1945.—V. 164, p. 1915. / : » /v / -* / Stone Container Corp., Chicago—Registers With SEC; company on Oct. 24 filed a registration statement with, the/ for 300,000 shares of ($1-par) common. Underwriter, Hornblower ft Weeks, Chicago. Of the total, company is selling 200,000 shares an® stockholders are selling the remaining 100,000 shares. Of net proceeds, company will use $1,225,000, plus a premium of $12,250, together with accrued interest, for payment of a bank loan, and $493,500, together with accrued Interest, for discharge of its 10-year 6% debentiires. Any balance will be added to working capital.—V. 164, p. "2194.' ' t'i The '■ SEC cumulative rate dividend rate of that company's com¬ per share and cites the possibility $1.75 to may ; ; The directors recently declared a special year-end dividend of '75 cents per-share on the common stock, payable Oct, 28 to,holders of record Oct. 18, and a quarterly dividend of 37Vi cents per chareon the same issue, payable Jan. 31, 1947, to holders of record Jan. 15. . 1947. These are initial payments on the common stock issued foUowin® ^: consolidation of ten textile companies.—V.164, p. 1765. „v .. ,: _ " preferred stock will be per share per annum, redeemable at $102.50 per -share if redeemed on or 15, 1947, the redemption, price reducing 50 cents per share on each Sept. 16 thereafter to and in¬ cluding Sept. 16, 1951, on and after which the redemption price will be $100 per share, plus dividends, and the holders of the new pre¬ ferred stock will be entitled to be paid upon voluntary dissolution, liquidation or winding up of the company the then current redemption price plus an amount equal to accrued and unpaid dividends. In the opinion of J. Thomas Schneider, general counsel of the company, The entitled annual Basis— ; 13,959,987 railway-.—1,941,717 Net ry. oper. income 754,405 —V. 164, p. 1765. : 1 v until <J.- P.) ^Stevens &. Co.* Inc.^-Declares Special Year-Skid Dividend and Places Stock on a $1.50; Annual Dividend $2,534,187 $1,904,235 1,015,348 • > 700,288 433,761 /•> 162,731 I—• from railway Net from, postponed Gas 1/1943 • appointed/; for the week-ended Oct. this company totaled 2,257,000 kwh., corresponding week last ; $0.18 , . been Neti'iryi>6per.-incqm^i/#////.293,415/:S/:i-728i418. >- . /.:;918,255; Spokane Portland & Seattle Ry?—Earnings-^ 1945 1946 Gross from railway «/•• $1,939,931- $1,829,338 Net from railway 470,086 638,828 Net ry. oper. income^..' 590,413 557,221. the railway from Gross September-^- from Net ry. . 712,450 Net Profit before transactions Oklahoma subsidiaries September—. 1,521,667 233,304 has v the sale; of California Oregon/ at which time it is ft Electric Co., apparent, are of Staten Island Rapid 22,796 > Co. The ' $165,614 / Power States $1.33 V* from (dividends.—V. 'Gross 1,152,366 249,203 107,499 railway Net from railway stock 1943 1944 . Mountain increased stock that From Jan/ 1— JULY 31, 1946 ; • Federal and State income taxes Gross 1945 1946 $149,720 in expected that another subr # sidiary, will also be offered. The company also hopes to secure approval of the Securities and Exchange Commission to increase it* participation in the class B common stocks of Louisville Gas & Elec¬ tric Co. (Delaware) and Northern States Power Co. (Delaware) under plans for the liquidation of these two companies. / ■;• „••/ Mr, Crowley relates that the directors of Oklahoma Gas ft Electric mon September— its/ subsidiaries, two /Of of conditions common ■ .management- stock. by approximately $30,000,000, recent disturbed / market conditions, and Co. stabilized Outstanding *1,250,000 shs, 'Shkres have been 'reserved " > is expected to exceed. $3,375,000 y /stocks the - directors of Because common Co. (par lc) *Of which 300,000 —V. 164, p. 2193. company company is shown to have reduced its bank loan to $40,600,000 the original amount of $51,000,000 secured in April, 1946, to off its debenture holders. The company's objective is to liquidate entire debt at the earliest possible time. Since 1939, it has reduce® its proceeds of the of new machinery Authorized the than twice the net income of $1,665,000 earned in 1945. more Its total debt the CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING Common income of ; The to complete the construction and installation equipment In the Baltimore mill/ if R. N. Bailey Co. should fail to complete its contract with the company. (& Subs.) —Earnings— FOR QUARTER ENDED Interest: up program under the Hold¬ th«! effect «f -current economic / integration its pay Spokane International RR.- -Earnings— the stockholders, to increase the number to Sheraton Corp. of America Profit after expenses use net directors, from and a Manager, Works The to the position of Superintendent submit also resolution as to in the company ' Leo T. Crowley, reviewed the Oct. 30, of board utility operation. on 1946, or all the stock of Canton Mills, Inc. for $250,000. It necessary issue director of the company. ' a to purchase be of the of " , Vicewill become Vice-President and General... Sales Manager, and Grant F. Olson becomes Vice-President in charge of advertising and foreign service. trends by the com¬ intended to use ap¬ be received year Oct. 1, 1946 to Oct. 1, 1947. It is also intended to pay the company's $150,000 loan from Reconstruction Finance Corporation. Finally, it is intended during the year 1946 to exercise the company's director, a to Chairman and ing Company Act of 1935,: and discussed 1 proceeds Cn^Reports Progress— statement Issued to -stockbloders on a progress profitable tluring;:.the become - . net In President will be approximately $1,250,000. It is proximately $850,000, for working capital, primarily in the purchase of approximately 2,300,000 bushels of soya beans, which are needed to permit capacity operation of both of the company's mills for the might ,, assume ' option special meeting of the board of directors, held Oct. 25, provi¬ sion was made, effective Nov. 5, 1946, of advancement) of a number of executives to official capacities. George A. Beck was elected as Executive Vice-President, and H. E. Waldron as Vice-President and Director of Sales and Merchandising. a W. F. Heising, Works Manager and Director, will Presidency in charge of property; George C. Holt, should operations estimated pany issued are trusts created by Chase or his wife. or ■ 1 shares The . company's PURPOSE—The statement with the stock is to be sold registration being -sold by William B. Chase, President, and family market. -"*i . his a over-the-counter on and oustanding and are at filed ($1 shares brokers members 28 Oct. on 260,000 through the 1947. year company Standard Gas & Electrie $3.50 be ■ , - Suburban Propane Gas Corp.—13-Cent Dividend— ! A dividend of 13 cents per share has oeen declared on the capital stock, payable Nov. 15 to holders of record Nov. 1. An initial distri¬ bution of like amount was made on May 13 which was followed oil Aug. 15 by another payment of 13 cents."-V. 164, p. 597. .Volume 164 Number 4539 Sunray Oil Corp.—Earnings— contemplated in the President, announced EARNINGS FOR QUARTER ENDED SEPT. 30, 1946 ■ , Above estimates includes two $0.24 « months merged, effective Aug. 2,—V. 164, p. 870. > •' Vv'r,'';LS;;'--'::q.r:*%drxi ' ; , % y tNfit profit •Earnings per common share •Rased v.-162, 322,056 on p. ,u y /• - tAfter -.-l-1 . ■ - charges ' 1946 1944- . railway ww—.! Net" ry. oper. income—:. From Jan. 1— ' ^ Gross from railway—JNefc from railwayt-i-.^ Net ry. Total income ♦Deficit.—V. 164, p. 2,350 ' 2,922,628 3,746,210 ^ of capital stock- ]pjl V'*; >' '' , M'-''v V*^ ? 1 For Wabash RR.- , 5,414,913 Earnings—; from $7,399,641 $7,995,413 2,546,632 625,065 630,761 3,430,481 yy3,3is«J 70,969.942 " ' 1945 $1,998,048 124,794 191,420 ! . ii,,.,!! - 1944 Gross 112,351 thlrd; quarter Of the 1946 160,819 railway railway oper. income >: 70,763,704 58,432,729 10,009,482 25,215,146 70,776,556 27,262,043 30,066,466 4,621,899 !! 6,842,634 6,673,086 8,792,477 . 418,500 ' 194,658 $1,531,137 $2.08 —V. 3,611,352 $1,526,535 $1.25 ' - , from from Net $5,560,989 401,649 $919,375 $2.09 ! —,—w.... 1— From Jan. $5,448,638 $2,122,842 $1,507,888 427,694 1943 1944 1945 . $6,297,437 1,381,191 $6,615,138 l,02O;832 506,743 railway- railway Net ry. oper, income— . r 164, 1768. p. Weatherhead Co., Cleveland, O.—Registers With* SEC ' The 29 filed a registration statement with the debentures, due serially from 1952 to' Halsey, Stuart & Co. Inc., Chicago. Of the net proceeds, the company will use $900,000 for payment of its note in.., that amount to The National City Bank of Cleveland. The balance will ;■ be added to general funds.—V. 161, p. 316. • r n 1966. company Oct. oh company for SEC reported a net profit of $436,969, equal to 47 cents a share, against $563,022, or 77 cents a share, in the third quarter of 1945.—V. 162, p. 3121. * $3,000,000 of serial Underwriters, ,, 3,628,512 , 402,943 ait< extra dividend of 25 cents per share 25 cents per share on the capital value, both payable Dec. 14 to holders of, record Dec. 6. Like were paid on Sept. 16, last, as compared with 15 cents per share in each of the two preceding quarters. A total of 85 cents per share was paid in the year 1945.—V. 164, p. 1253. $4,249,886 Air * carried mail by this the second week of the* ' $0.70 _ Sales par amounts no new corporation was ♦Oh during 19 % ^ Period End: Eept. 30—* 5-eefit rate, according to estimated figures Operating •Operating released by the i compaisy OS Ocl^i 30; United flew* approximately: 165,850 $142,895 in 1944; amortization ($407,131 in 1946; $360,286 in 1945 and $344,200 in 1944; contingencies ($100,000 in 1946^ 1945 and 1944), and for. Federal and. foreign income and excess profits taxes, $1,842,000 in 1946, $2,370,000 in 1945 and $1,908,000 in 1944. Higher earnings' for the quarter ended Sept. 30, 1946, resulted from the company. supplying practically the full requirements of Sulphur Export Corp. for its sales abroad instead of the usual 50% and it is .October week • 8-14 of period- as air mail tOii-miles during, ihA with 139,324 ton-miles in the last rate still was, effective.—V. 164, compared 409,313 shares.—V. *64, Net September when, the 8-Cent , oper. Joint The- Netf York Curb Exchahge has been informed that this company expected that this condition will continue for the balance of the-year. has called for redemption on Nov. 30, 1946, at $100 per share plus As of Sept. 30, current assets, including cash And U. S. Govt, obli¬ accrued dividend of 50 cents per Share, 28%% of the outstanding gations of $31,679,232, amounted to $35,730,075; This does not. include in^entoties of surpluf above ground or materials and^»uppUes.^ liabilities, Including provision for current taxes of $7,606,215* amounted^ v 't.ecoT.^°f-business Oc^. 25, 1946. .Holders may surrender their certificates at The Corporation Trttst CO., Jersey to City, $8,006,745. • Reserve for eontingencies amounted to. $2,866,217. N. J., and receive payment for redeemed shares and a new certificate Earned surplus AS of Sept;.30 totaled $33^799,051^V^ 164/ p. 1127% '' v f6r the balance not called for redemption, according to the notice. —See also V; 164; p. 1767, rents $8,599,729 4,353,000 $472,920 income rents facil. $6,224,033 2,935,000 $393,628 $3,289,033 $4,246,729 0*58,306 Dfl 1,885 — Equipment 125,000' Cr80,810 Cr311,548 Z)rll,242 Df109,927 CrG82,314 iDrl45,555 $463,196 27;514 $3i690,654172,639 $4,783,488 269,124 $5,052,612 $518,628 $861,920' 389,000 revenue.,. Operating United Milk Products Co.—28% % of Pfd. Called— ' 1946—9 Mos.—1945 $2,956,048 $2,417,382 $23,606,054' $26,678,903 17,382,021/ 18,079,174 2,094,128 '{V 1,898,754 expenses— Taxes " . 1917. 1946^-Month—1945 ' revenues—. 2194. p. p. „ Western Maryland Ry.—Earnings- almost up , - , United Air Lines, Inc.—More Mail Carried— $2,627,101 $2,679,980 v, 4:. 1946—3 Mos.—1945 1946—9 Mos.—1945 $3,522,539 $2,318,706 $10,050,567 $6,743,085 Net profit ' 284,812 118,171 549,463 ' 291,024 ♦Earnings per shafe—— v 5 : $0.79 $o;29v $1.34 $0.71., Period End. Sept. 30-* and the regular quarterly dividend of stock, 1944 1945 Webster Tobacco Co.—Earnings— The-d(rectors!have declared' ' 1,219,043 661,980 976,033 $0.68 ?/ ^Aft^h'Cbarges W depreciaUon 'ot $164,265^1h 1946,' $148,120 iri 1945/ - 6,114,941 September— V 1946 Net.'profit- w-!—_!!!w_-»!..w.!!^ Earns, per sh. on 734,300 shs -Earnings— $1.11 8,191,063 ' 1946 ———,—n 5,644,174 3,732,243 —V. 164, p. 1917. Gross from $1,316,468 ! ' 1766. Narns, per-share oh 3^840,000'shares * . income- oper. 713,897 19,834,299 9,200,537 5,637,690 Union Bag & Paper Corp.—Extra Dividend— 573,168* 196,438 *131,013 Texas Gulf Sulphur Co., Inc. . ry. 573,397 22,239,699 9,600,855 ■ railway—. railway.. from Net 155,570 < 3 MoS. End. Sept. 30— ♦Net 'profit <' • -Ui.!!!;!!!;! Federal tax provision $540,761 263,117 50,242 250,170 ; income— oper. 96,073 ' f 2,658,350 . Sept. 30— expenses!;.ww—: !« Depreciation' : 1943 : 22,446,032 income.-.* from Net ry. n, $391,938 * *1,057 *50,612 "Vt T .5'!. Other; income taxes.— $ 1944 841,642 19,019,400 $2,329,492 1,074,344 $2,281,523 584,902 498,022 From Jan. 1— : 1943 1944 1945 j $2,079,381 ' $0.66 and 1946 $1,991,959 537,177 392,579 railway-.--— Net ry. oper. Underwood Corp. (& Subs.)—Earnings— *. $282,088 • 40,814 $306,454 Net from 'V::"r'./r •"*/, 9 Months Ended < $274,432' 1 ...v. 1945 from from Net Tennessee Central Ry.—Earnings— September— ;Gros&: from!fai]way_-._- v - 1945 $257,009 $0.63 - . shares. common 2687. - Gross Net a. press y '""'ylir i\ Net After 1946 $536,573 $1.57 . .' railway—i September— bids (James) Talcott, Inc.—Earnings— i ' dispatch the : company onl; Oct. 28 received ho for its offering of $737,000 first mortgage bonds, due July 1* 1959. Company is controlled by St. Loiiis-San Francisco Ry., Atchison, Topeka & Santa Fe Railway and Missouri-Kansas-Texas roads.— V. 130, p. 1271. iyf: Xoif.^ayment;;b|v:^Qrtes^ for plant improvements wnd working capital*! , Virginian Ry.—Earnings Tru-Ade, Ward, C. Net The company on Oct. 21 filed a letter of notification with the SEC for- $100,000 of notes bearing interest at 5%. Price, $950 and $475. Notes are to be sold through brokers or dealers. Proceeds will be used" Sept. 30—1 Lee Tulsa Cnion Depoi Co.--No Bids Received-^ According to (R. L.) Tobacco Co., Inc., Danville, Va.—Files 9 Months Ended personnel, 28. - With SEC— ; Oct. pi apt Gross operation of Oil Co., which „ V. Swain the consolidated of thq properties of Sunray Oil Corp. and Transwestern were of provides for expansion of Tru-Ade opera¬ tions through^ franchise-holding bottlers in all parts of the country. It also enables Tru-Ade completely to control its concentrate source because more than a year ago it formed Valley Juice, Inc., at Grand View, Wash., to produce a grape base, Mr. Ward said. < „ Per share on 4,699,801 common shares operating on ■ Purchase Net Income before taxes , ; $6,453,000 .'Net ■ prof it'after' taxes—! Jw^-ww-w-ww-w!,...!!-...■: 1,408,000' Preferred dividend requirements.— / 287,000 / 2327, THE COMMERCIAL & FINANCIAL CHRONICLE (net) s — ' - . Net ry. :Cuiyeiitr:-i ^«^^?,»J^.^w;^ Texas Mexican Ry -Earnings—- September— Gross: from Net from; "• $215^333 *; 90,634 railway»j.i-,.Z Net^ry, qpe^ incomes,^^ ■ •Ffom Jan.l—. s $183,967 *6,195 ^ 70,161 57,709 -;r 1943 1944 $171,976 ; the ; 32,160 536,839 1^47^199. I;811^50' ^'.;785,580:H 460,845 ; 358,199 223,748 283,525 Texas & New Orleans September— Gross from railway.... Net from railway..^... cents : 715,332 > « 31, P. Net . from from 1945 1944 13 on 1946. 92,632,094 100,398,580 14,825,986 35,964,083 „ Ferldd End. Sept. 30—' 98,495,868. No '■■■v'"11 Net rev. from ry. oper. 'I- 1 ' "" - $727,412 128,924 tnet Dr) Jt..facil. rentals (net Dr) " * "*.i "" ; i1 I v 171 I,.'n; r'in-n tt .ri h ■■ iii $1,302,072 $7,143,900 1,241,480 223,284 21,305 income 9,627 • $577483 Per. Net sold - * $1,140,783 $408,070 dividend , declarations, were approximately $311,000,000. ■ tar i ■ 4> $607,- ■ $655,602 •$4437iQ5l: i'iJ'i in ""ji.T' of emergency facik assets Railway' oper. Int. 2,787433 V 510,402,698 " ) - 49,750,062 104,177,889 Cr2,399,936 Dr867,220 ;; * / 799,486 13,193,127 J 27,424,613 19<b00,000 Cr2,000,000 divs: declared.! divs. . 28,500,000 ' ir-r; mi r' Ml A" ■ Partial ; There- have and' ^ Redemption— interest, been- called for $181,000 ' , ,V- 57,467,894 t 6,304,919 18,914,757 t 8,703,252 8,703,252 declared- Trust Co., ; 16,677- ValsFar Corp. $813,990" . ' 26,109.756 12,443,381 railway. from v railway—j—« income— >:-From Jan. 1— T The Qbmpany cri Oct..21' filed a letter of notification with the SEC shares of stock. Underwriters, Triumph Gold Mines Inc.; McCarthy, President;: Gilbert Phillips, Secretary-Treasurer; C. .C,. Bollinger, Director.. Price, 10c per share. Proceeds will be used lor development of ore reserves. ' r I ' • . -•. >" ; '.••*»'Vfu- V":V '• :v'"* 25. $4.43 —V. 164, p. $2:85 10,345;OIO 14,387,709 declared' an initial dividend " the financial . ^ bf .25 ; . - ducers and" processors of concentrated ' orange juice. No changes are $2,915,495 ' $4,657,553 interest. sinking fund; - m.. w . 1943 1944 $4,945,354 $5,120,838 2,261,135 ' 772,212 2,628,524. >831,685* * v 36,282,662 17,531,194 8,813,717 . {1946 ; 2,885,829 330,219 Net from, Net Vy: oper; income.—. , ■, 244,816 ♦Deficit.—V. 164, p.-1917., . ! Covering 90,000 shares of 5% "I 166,418 40,444 ' Net. from $2,162,748780,136 railway from , 153,381 - 50,046 , 3,958,170. 662,731 262,074 3,972,196" 1,758,020! 510,654 4,223,501; 1,595,158 416,063" .. •' - railway— - 501,369 Net ry. oper. income-!- $1,770,534 " 1943. 347,513 $2,218,347 776,055 244,778 289,209 . < $2,329,964 > ! 961,472 374,046. , v.: From Jan. I-1- Gross Net from from railway—15,324,282 railway—— Net ry; oper. income!--. -^V/164, p. 2195. - 19,876,962 3,450,614 : 7,311,279 2,373,570 '; 2,604,104 18,904,093 20,327,351 6,704,806 2,480,793 2,928,073 8,394,929 '• Wisconsin Centfal Ry.—Earnings— $222,000 September— Registration Statement from ry. railway. oper. income " From Jan. 1— Net 6581) filed with the SEC, July 3 cumulative convertible preferred stock ry; • —— income *Deficit.-^Vv 164, —*—478,204 '' I;!! ..; ';''' .": 16,814,651 r—3,314,654 1,855,409 . railway from railway Net oper. 1946 * ——$1,984,109 ——i 482,991 railway Gross from Net (p^r; $10) has been withdrawn.—V. 164, p. 326. , '1943 $417,530 ' $450,437! *455,138 *45,878 Septemher-^;;!/;!':!!>!!:;;;!''V/4946:;;:;!;!!!?i845"=! Gross 1945 $441,000 (No. : Wheeling & Lake Er^e Ry,»^-Ea;rtiings— v! . 1946 — . (38,604 .25,582 1944 1945 $433,276' * $321,632 tffyyj'X'' Gross from registration statement. ' pro¬ " i Gross; from;railway-.—.-railway- cents Withdrawn— The $366,784 1^- From Jan. Net Virginia Dare Stores Corp. ac-» 432,429; Western Ry. of Alabama—Earnings— .. Tru-Ade, Inc.—Acquisition— Through; the purchase" bf cofnmoh stock, this corporation has quired the Hyland-Stanford Corp., of Los Angelfes, independent 148,480 413,447 1917. September— from railway Net- froto railway-^^ !i Net ry. oper. income!,— ' profit of cdmpany and subsidiaries —V. 163, p. 469. v $5,236,463 159t598 . ' 1945 $4,232,891 / $4,617,889 1,591,220 1,501,168 ,720,303 407,781 , Gross payable Dec. 9 to holders of record RESULTS' FOR NINE MONTHS ENDED AUG. 31 ' • $3,488,540 , *1,246,720 $0.61 Net ; 1,987,427 $4,728,517 509,946 dross fromi railwayv^-t 31,329,311 44,867,275 B7,)875',4i6 Net frbm railway--7,253;437 V 17,328,136" 14,189,441 5,187,228 Net ry. oper. income—/ 3,258,489 4,847,841 Initial Common Dividend— — for 1,000,000 James; H. 962,769 16,691 49,296' j ,45,063 > Triumph Gold Mines Inc., Oatman^ Ariz.—Files With' $432,771? $875,729' ; — —- Net ry. oper. 43,777,793 repr^ebts a further step in progress of the company "Whicto; early this year/ paid a dividend of $11.50 per share on the $4 :<mmulative convertible preferred stock, thus clearing arrears' of $9.50! The semi-annual $2 dividend on this preferred was paid. on Aug. 1. SMce! the present management was appointed in 1935 the company has substantially reduced its funded debt. ;? The corporation wholly bwhs the stock of Valentine & Co., Inc.;: Detroit Graphite Co.; Con-Ferro Paint & Varnish Co.; Edward Smith &. Co., and* Valspar Corp., Ltd., and manufactures a complete lineof paints, varnishes, enamels,- lacquers and allied products. >• Thuriow J. Campbell, President, recently stated that sales for the nine*months* ended Aug.- 31, 1946 were 25% greater than in the corre¬ sponding period;* of last year.' ; trus- V $2,946,848 541,692 September^1946 NAVfrom 18,914,757 26,109,756 4,262,750 $341 This redemption ort Dec. 1, next, at> lOlVa sinking fund debentures due. I960. Payment will be made at the Central Hanover Bank & tee, 70 Broadway, New York, N. Y.—V. 163, p. 2486. *3,383,751 '4,467,557, 28 -Nov. 3 V2% of 18,321,182 surplus— share on the common stock, per > income 48,803 •77,539r inoome---i----j. Gross i -■, 11,624,420 6,304,919 - I . 248,712 $383,968 sh. for com- (The) together with $4,500,000 bank loan and if necessary, the $5,600.000' to > be; contributed by its parent* Cities Service Co., will be used to redeem ^ outstanding debt and preferred stoek, involving a payment of $56,-% 006,590, exclusive of interest? And dividends^ ,t •, Western Pacific TtR.-^Eatnings- B0,704,465 33,329.353; men stock-iJ.!!.Shipments of steel ; products (net « •- (O.) Edison Co.—Registers With SEC— proceeds> ,■ *AmeUftfe available for contingent; charges, i.e.v capital fund, ^esS' "aastiidaWj »cUrrent year's Federal Income iax> re80ctionV: M cludedlierein; provided; for in prior years.—V. 164, p. 1767. $1,370,731 $15,205,144 $16,968,181 The company oh QcU. 2ft... filed A' 'registration:'statement with the EEC covering $32,000,000 first mortgage bonds, due 1970, and 160,000 shafes of ($100 par) cumulative preferred stock. V The net " 28,942,760 25,695,645 requirements dn general mortgage 4V2% income bonds, and-other corporatq purposes.—V. 164, p. 1917.- 2,627,833 11,700,000- 11,873485 (est.) 2,504,357' 860,778 i—.— taxes Balance, 2016. p. 162,614 $798,190 ,*Inc: after fxd!. chgs. 36,448,683 Cf28,299,808 Inc. per - ; Thermoid Co. (& Domestic Subs.)—September Sales— End: Sept. 30^. ' t 1946—Month—1945 ■. 1946^-8 Mos.^1945 r Reriod ' other longrtenn! debt Com. . 109,030 .556,502 .100,064 income. oper. ry. Fixed charges 23,064,2461 i;y'X' ■.■a"5 Income There have , 'M / v . $7,239,524 $17,569,805 1,006,921 115,294 ! 1,003,328 1,575,042 8,889,611 662,171' 751,536 957,329 134,610 " , Crl,831,368j and on Pfd. been called for redemption On Dec. 1, next, at 102% interest, $124,000 of 3%% mortgage bonds, series A, due June 1, 1974. Payment will be made' at the Guaranty Trtisfc C6> of New York, trustee, 140 Broadway} NeW Y0rkv>N. Y.---V. 162,. p. 2191., ■ v 1946—9 Mos.—<1945: / - 3,314,633' ' Misceil.. deductions——; State, local and misc. ; $5,361,769* •: Dr) (net Net Total costs- 199,010 , / $1,544,757 $1,726,400 652,927,392 400,674,508 l , < 505,454,916 2,803,537 * Net rev. fr. ry. optns. and 163, alwitya $4,859,390 $32,935,160 $46,512,571 $4,529,937 revenues OperatiUg' expenses Ry. payroll tax accruals Ry. income tax accruals An other ry. tax accruals ? Equip. & jt. fac. rents f ; V1946—Mohth-«-1945 : Period End. Sept. 30-r-r , ♦StrikAand other war • Toledo not W6stet»"Palcifid,<RR^ Co*—Earnings^' Other Loss on sales of fixed .606,803 TcfxRs Pacific-MisSouri Pacific Terminal RR. of New —V, is consoliUatEU System income statement , - , . $1,914,805. it (Including" Sacramento Northern Ry. and Tidewater Southern, Ry Co,)" 1916—9 Mos.—1945 $ $ $ • 197,407,362 193,617,552 > ; reasons ciation and amort. - is $' bought 130,169,970 133,177,189 Depletion* and depre* ^ * OWeans—Partial Redemption— k 85,244 2,696 possible to arrange "companies in exact alphabetical However, thef are always a* near1 alphabetical position as possible. Products and services $8,347,912 90,915 2,107474 408,972. of — 2061. N6tE—-For mechanical 1945.—V. 164, taxes,Undv Fed. inc. taxes <: /Vi 767,188 projeots a payment of 50 Feb. 28 and May this issue during on 1946—3 Mos.—1945 Wages,.,salaries,i so-" ' $7,741,109 $6,335,140 76,209 233,695* 1766. p. 24,074 amortiz. p. distribution similar 1946, 415,132,176 385,601,807 1,024,276,606 1,373,985,290 hi cial sec^ 83,391 - < $5,751,027 : 584,113 , , $649,881 . 8,110 " income 164, End,Sept. 30— , 1,969,341/ 151,393 $1,069,161 71,622. 72,698 Fixed; charges -V. A Nov. plant In: Utah: ($40,000,000), both recently purchased governments The balance of the fund segregated for prop¬ Products arid services - _ Total Income' Misc. de'ductions— -$2,619,526 -V; 164, steel gttd replacements amounted to $9,793,841 If, oper. 3. quarters ended deducting; the current pensions EqUip. rentals income $1,594,142 ♦Includ. share On 30, 1946, CONSOLIDATED INCOME ACCOUNT $1,996,754 $10,469,859 $25,581,493 694,682 V 3,325,959 15,787,652 333,207 Ry. operating income. ry. ending per from the [!'-l\•* Net paid were Dec. May'31, cents erty additions; after deducting the cost of these facilities, is $140,000,000. On Sept. 30, 1946, unexpended balances for property additions . $1,060,619 Ryj tax accruals Other $225,628' order. Geneva . iA'-'Ai'-V 'i dividends on the 25 quarter record made for war of 50,710,213 1946—Month---1945 1946—9'Mo$.—1945" $4,504,235 $5,381,471 $41,822,446 $59,609,248 3,443,616' 3,384,717 31,352,587 34.027,755 , expenses ' of the Aug. 30, last, while Texas & Pacific Ry.—^Earnings V*v to holders for dividend 20,278;254^ 44,551,198 : -tfv' 2,433,086 $241,999 465. 1946/After . 76,157,635 railway— railway—__ revenues. $1, a Of 1946 approximated; $126,400^000. This amount includes the purchase priceAf thev facilities in the Pittsburgh district $65,000,000) and of the rv. oner, income— 10.377,462: •11,094,277^/9,506,816 *Defmif.M^164. B. 176$; ' .■ Operating Operating 2,269,151 t^^^ratikutc ahd^ltfivaubsidiftriAy'b^Sepi^^.' 1943 Ne| "' $31863,293 265,082 ;? United States Steel Corp>—Quarterly Report— RR.—Earnings— 1940, $490,710 ,288,467 income- Net $530,466 third quarter From Jan. 1— . Gross stock"/ par share per declared : 451,507 income— oper. made was 1,670,449- ♦deficit.—V. 164,p, 1766. Net ry. coimmin payable Dec, . ,; ;cbargeki.;i^ defense 7?heLdirectors* have^ 56,317 *48,714 41,520 1,861,406 Gxoss: income. Fiked United States Lines Co.—25-Cent Common Dividend— $151,214 * .• Grpss from railway— :Net from railway^i,^' Nek ry.- oper. income. 11,125: , , 1945 1946 raHway^v-^ $519,341 income. oper, Other lncomei^-*-i^i* , p. 2Q61. , v 1945! $1,743,189 *51,897 *222,750 ;■ : 1944 $1,845,991 481,052 237,111 , 15,975,402 3,834,153 1,646,384 16,911,566" 4,593,568 2,474,821 2328 THE COMMERCIAL & FINANCIAL CHRONICLE r::.v: ifU \VS l> T:/"' •*: -•v-r. t■"+>': (''"If H'l'i State and City Department - - ! ALABAMA Fresno issue Offered of works to $280,000i These bonds 23A% 'J water ;1977. (A-O) due are Principal payable Bank, be approved Oct. ized. the election to be held .•,1 " ■ -rn'wP/i 'V. ... ' ' • / 1961. Rate B^nk Deposits & Loans Building Permits ' .. ," C. .Averages ; * Land & Forest Areas . to 'jany of its 24 banking throughout Arizona. Nov. Oct. 21, all warrants on or before Oct. 21, ■' ' ■ Calistoga, Cal. $90,000 date CALIFORNIA in J, election < issue to be of / held - r Offering—E. Dusenberry, on due and $4,000 in 1957 to 1966. able at the Afce. , (J-D) to 1956, the Board of $1,000, Super¬ visors, must accompany bid. ;, Sch. Fillmore Union (P. O. Dist. is lot of Florida bonds a for sale.' But period that until arrives it doesn't appear now there will be Clerk of sealed until bids Nov. 19, build¬ ing bonds, to bear not exceeding 4% These interest. voted at the bonds on "00^'CONNECTICUT Note will Offering be received until noon oh 6, by William P. Hemming, Town Treasurer, at Room No. 1, Angeles), Cal. Nov. 19. on nominations $50,000, $25,000 and Dated Nov. 6, 1946. Due $10,000. Sch.Dists., on June of,. San, Fran? . ready for delivery; about Nov. 8, against payment in Boston funds. 16 Elementary Municipal 1.33%, as follows: $18,000 maturing $6,000 able at the Marine-Midland Trust Qo., of New York. ? Bidders are required to name the rate or not 1, 1947 to 1949, as The than the Town. Polk J, two the No. Public ST of (P. the the Board 11 a.m. of receive Nov. on purchase of $100,000 bear not . bonds are due Oct., 1, as follows: $6,000 in 1949 to 1958, and $5,000 in 1959, to 1966, optional Oct. These bonds 1958. the election held voted were 1, at Aug. 20, 1946. Principal and interest (A-O) pay¬ on able at the Chase National Bank, New York City. The approving opinion of Chapman & Cutler, of Chicago, will be furnished. A certified amount check the of for of 2% the bonds, payable to Instruction, is the Board of Public required. . ... *«„e Co., Congress Elementary Activity in the Florida Munic¬ bonds, at a ipal market has been at a low ebb District during the past 30 days.- The softening of prices from their highs of a few weeks ago has for successful Investment im¬ bidders mediately re-offered the above public subscription at prices to yield from 0.55% for the bonds for earliest maturity up to 1.45% for De Kalb County (P. O. Decatur)* Ga. Bonds Voted ' The following totaling $2,600,000, were bonds — approved at the election held or* Oct. 29: $1,250,000 school improve¬ ment; $1,000,000 lx/2% —- Ga. The IDAHO County, Moscow Indep. Sch• Dist. No. 5 (P. O. Moscow), Idaho Bond Offering—O. W. Schroe-Z der, Clerk of the Board of Trus¬ tees, will receive sealed bids until 8 p.m. on Nov* 18, for the purr chase of $65,000 construction cou¬ bonds, to bear not exceeding Dated Jan. 1, 1947. Der nom. $1,000. These bonds are due $3,000 July 1, 1947, and on Jan*and July 1, 1948 and 1949, $3,000 January and $2,000 July 1, 1950, $2,000 January and July 1, 1951 to pon 4% int. 1959, and $9,000 Jan. 1, 1960. Principal and interest (J-J) pay¬ able at the office Treasurer. No the District and accrued interest. par The ap¬ proving opinion of Elam & Burke, Boise, will be furnished. These of the are bonds election held to the authorized on fied check for Twin following bonds coupon of bids for less than May 20. at the A certi¬ 5% of the bid, payris District Treasurer, "- ^ t , * aggregating $5,046,000, offered for sale on Oct. 29—v. 164, p. 2063—were awarded syndicate composed of Leh¬ a be submitted to the voters at the required. " Sale man Building, Miami: Offered The able GEORGIA to Bayshore Bonds — Latah exceeding interest. Dated Oct. 1,1946. Denom. $1,000. These monthly bulletin published by A. & by the National Bank of • v I " New York. O. will Instruction, sealed bids until taken from the Oct. 20 issue of the r group election to be held on Nov. 13. Offering—F. E. Brigham, Superintendent $102,000 maturing $6,000 Morrison headed of price by /a payable to .* Bartow), Fla. Bond May 1, 1950 to 1966, as lV4s. Dated May 1, 1946, Denom¬ ination $1,000. Z B. offered County, Special Tax School Atlanta, are topping -the sewage ? following comments on municipal market sociates, 100.9099, of interest rates / District Bond- Florida 4% if, Stuart & Co., the Chemical Bank & Trust Co. of New York, and as¬ County sanitary system; $150,000 court $150,000 office the building, certificates shall bear, ex¬ house; and $50,000 library building bonds* pressed in a multiple of y4 of 1%. The unqualified opinion of Chap¬ Whitefield County (P. O. man & Cutler, of Chicago, ap¬ Dalton), Ga. proving the legality of the cer¬ Bond Election—An of issue tificates, will be furnished the $110,000 2y>% school bonds will successful bidder. Enclose a cer¬ more (State of) Activity Discussed— offer an plus accrued interest. bonds, not exceeding 4% Dated July 1, 1946. are due on July 1, as follows: $5,000 in 1950 to 1953, $10,000 in 1954 to 1968, and $15,000 in 1969 and 1970. Both prin¬ cipal and interest are to be pay¬ FLORIDA Florida was 100.9199, submitted by Halsey, These bonds ., bids other bids received of interest. 14, for Sealed — 1, 1946. Denom* Interest payable M-S. / Runner-up among the numerous $1,000. revenue school coupon bonds, to / Stamford, Conn. s 1976. to Sept. the 1970-72 maturities, and pricecE at 100 for the 1973-76 maturities^ were held election Oct. 8. 1947 1, Dated issues of any size very many new tified check for $4,000, Offering—The Nov. 1.611%, as follows: For $15,000 maturing $3,000 April 1, 1947 td 1930/as 4s, and $60,000 maturing $3,000 , caused to buy investors until to they be reluctant are satisfied April 1, 1951 td 1971, as l^s. there will be no further substan¬ l,rJL946, Denom¬ tial drop. Thus far, however, ination $1,000.. " ' • there has been no great liquida¬ Dated April . OnSepis3 tion 130,000 Los Lomitas School Dis¬ of Floridas. Bids blocks clearly reflect sizable on an intent on trict County Treasurer's of- A certified check for payable voters: at the election. These Belmont est cost of pay¬ and to going to be 1,500,000 traffic bonds. Due Sept. and there Due Sept. 1, 1947 to 1976. , au¬ disposal point. Lee ' Bros., Shields & Co., Stone & Webster Securities Corp., R. W. Pressprich & Co., Hemphill, N'o.yes & Co., Hallgarten & Co., White, Weld & Co., Chas. E. Weigold & Co., Roosevelt & Cross, J. R. Wil- Falls County (P. O. Falls), Idaho -S Twin Bond Election—An $1,250,000 hospital will bonds be issue of construction submitted to voters at the Nov. 5 election. the > ILLINOIS Chicago Board of Education, III. Bond Call—James B. McCahey, . Prin¬ interest cipal 1947 bonds County, Redondo High Sch. Dist. ' Los School Nov. are in the price of 100.052/a net inter¬ 12, foe the purchase of $90,000 school bonds, to bear not exceeding 5% interest. Dated Dec. 1, 1946. De¬ nomination $1,000. These bonds $5,000 be O. May 75,000 County Clerk, will receive sealed a.m. will to Angeles and | 10:30 Interest 1.663%. ! the Board of Supervisors will re¬ ceive est' cost of County, Parlier Union High Sch. Dist. (P. O. Fresno), Cal. until about Bond School District bonds, / at a price of 100.124, a net inter- v Fresno bids of general $120,000 .: election of — held Oct. 15. Bond basis payable J-D. on 20, 1947. Said notes will be authenticated as to genuineness Bond Sale The following and validity by The First National school bonds totaling $325,000, Bank of Boston/ under advice of were awarded to the Bank of Gray, Best, Coolidge: & America National Trust & Sav¬ Ropes, Rugg of Boston. Notes will be Bonds Voted—An issue of $80,000 'Construction bonds was favor¬ on issue stadium For the on (P. O. Redwood City), Cal. , at held 7 An — San Mateo County County, Jefferson Elem. h-S'ch. Dist. (P. O. Fresno), Cal. voted school May 28, were awarded to Redfield & Co., of Pasadena, and the William R. Staats Co., of Los Angeles, jointly, as l3/4s, at a price of 100.607, a $70,000 Ventura), Cal. Election election to be held Fresno ably election On April at ' Sale—The Bond bonds offered for sale Elem. cisco: boqds the the ings j Association, voters Nov. 19. Sunnyside Union Sch. Dist. (P. O. Visalia), Cal. i: Bond Election—An issue of $1,- Town1 Hall Building, Stamford, 130,000 building bonds will be for the purchase of $1,500,000 tax submitted to the voters at ^the anticipation notes at discount. De¬ municipal water system will be submitted to the on system other for the purchase of $150,000 ■ An — school $24,000 Tulare County, awarded t 5 (P. on Election 21 Beach Union or County Treasurer, called for oarjk Oct. ; Los . Bond at $550,000 offices on sewer offered $14,000 3s, at a price of 100.48. Interest payable J-D. : bonds failed to carry at the elec¬ tion held on July 9. County High Sch. Dist. No. 20 (P. O. Globe), Ariz. ceased ern bonds sewer \ , ' 1, in 1947 to 1976. 500,000 sewer bonds. badly needed mod¬ a stabilization highest bidder was Hanna& Talbot, for $10,000 23/4s, Ventura County, Bond ^Warrants Called—Elton S. Bry- [iii school on 2063—were p. submitted avail¬ are Home Office of the above bank Interest $85,000 Bonds Voted-—An issue of $140,000 construction bonds was ap* able to interested,parties and,may be-' secured by 'writing to the registered next Or- Long Beach, Cal. - $17,000,000 thorized for ' Due Sept. 1, 1,250,000 school bonds. Due Sept. Miami , of Customers Copies of this Review called. 164, proved Telephones in Service Utility Connections—PhoenixdZ 1946. Sale—The Oct. 11. School Attendance by Counties Tax Comparison—Western States - estimates. . 0m Sales—By Counties payment Bond. Sale—The County, Arvin Eletn.Sch. Dist. (P. Q. Bahersfield)', Cal. Mineral & Federal O. bonds offered for sale on Oct. 28— Kern Output Comparison Mining Production by Years Mdtor' Vehicle Registrations Population Growth (P. District Modesto), Cal. The 1.619%, as follows: ^ for maturing $8,000 Nov. 1, 1947 to 1953 as 114s, and $29,000 maturing Nov. 1, $8,000 in 1954 to 1956, and $5,000 in 1957 as l3As. Interest payable M-N. Dated Nov. 1, 1946. Denom. $1,000. ' '• - Valley Home and cost . School Joint ■ the $56,000 $ Life Insurance Written -A ■' . to Blyth & Co., of San Francisco, at a price of 100.10, a net interest v • Gasoline Consumption Income of Individuals Taxes—State at June 25. on bonds offered for sale •Farm Income Distribution SRVWUA Stanislaus County, ford —v. Employment Census of 1940 Retail in be Tehama Counties, ana Bond . Tucson Climate Comparison S. to authorized were Glenn . Electric Power Output Employment—E. interest (P.O. Willows), CaL Businesses Licensed with original ap¬ v. 164, p. 1919—werd awarded to put on the market, Orrick, Dahl- Jones, Cosgrove & Co., of Pasa¬ quist, Neff, Brown & Herrington, fv,u' North Miami, Fla. dena, as 2%s, at a price of 100.44, of San Bond Offering — E. May Avil, Francisco/ will be fur¬ a basis of about 2.705%. Dated nished. A certified check for $1,Town Clerk, will receive sealed Dec. 1,; 1946. Denomination $1,~ bids until 8 p.m. on Nov. 13 for 000, payable to the County Treas¬ 000. These bonds are due $1,000 the purchase of $200,000 water urer, is required, from Dec. 1, 1947 to 1970. The Agricultural Acreage Agricultural Income by Years & the were land Joint Union Sch. Dist. Debits—Phoenix purchase bonds awarded in proving opinion of - * - of election held resume f of place in the Uhion, through the presentation of factual data on many subjects. An idea of the scope of this sta¬ tistical review may be gained by listing the subjects treated in the booklet, going by their alphabet¬ current ical sequence: $65,- conditions Due Sept. 485,000 library bonds. cover completed costs, even though there were liberal margins bonds, of 1%/' Principal (J-D) payable at the County Treasurer's office. These — informative Arizona's The Sept. 3 to Heller, Bruce & Co., of Los Angeles—v. 164, p. 2063— and interest Review Compiled Valley National Bank of bonds Phoenix,. Ariz., has ■ compiled a highly site — on multiples of 'Arizona (State of).' •' 000 Details Sale present is a case in sold as 2V4s, for a price of plant 100.30, and mature as follows: $4,- County (Ft. Myers) with $1,000,inter¬ 000 school issue voted is another. 000 in 1947 to 1951, and $3,000 in est.' Dated Dec. 1, 1946. Denom¬ 1952 to 1966, giving a basis of There are many more such cases. ination $1,000. These bonds are When construction costs stabilize about 2.22%. due $3,000 from Dec, 1, 1947 to on some basis or school coupon or registered to bear not exceeding 5% Brad¬ •. Bond Offering—W. B. Sale, County Clerk, will receive sealed a.m/. (PST), on Nov. 4, for the purchase of $45,000 Legality by White, Hamilton Union (P. O. Willows), Cal. bids until 10 The Gila Dec. 17. on Solano County, Green Valley Elem. Sch. Dist. (P. O. Fairfield), Cal. County, Bond Merchants Mobile. 'ARIZONA Statistical Bank Oct. 1. on Under -,v« .1, 1947 to 1976. 250,000 park bonds. ■I?fv5l947 to 1976. proceeds of issues won't begin to Glenn ley, Arant & All, of Birmingham. • , $600,000 will be submitted to the voters at Sch. Dist. 1, 1949 interest and the at National h rials have combined to postpone Election—An; issue of the sales of substantial amounts dam construction bonds of Florida bonds already author¬ | / Bond revenue, by Watkins, Morrow &"'Co., of Birmingham. Dated Oct. 1, 1946. Denomination $1,000. (JfG i Santa Barbara, Cal. [ ; > election held Public—An investment to County, Reedley Elem. rf.:;'ju»v Bonds Voted—An issue of $137,000 school bonds carried at the first mortgage bonds is being offered for general to BOND PROPOSALS AND NEGOTIATIONS Sch. Dist. (P. O. Fresno), Cal. ;Atmore, Bonds Monday, November 4, 1946 t bonds, at a price of 100.- the part of the bidder to guard 114, a net interest cost of against possible future price re¬ 1.6634%, as follows: For $67,- cessions. The supply of Floridas, 000 maturing Aug. 1, $8,000 in however, in the hands of dealers 1947 to 1951, $9,000 in 1952 to is not great nor are there many 1954,? as iy2s, and $63,000 ma- large offerings scheduled ;turing $9,000 Aug. 1, 1955 1961, as l%s. fof the immediate future. to i \ High prices of labor and liston & Co., all of . York, Rambo, Close & Kerner, Dolphin & Co., both of Philadelphia, G. H. Walker & Co., Charles Clark & Co., Wm. E. Pollock & Co., all of President of the Board of Educa¬ tion, calls for payment on Jan. 1, refunding bonds of 1946, Nos. 1 to 275, and refunding bonds of 1937, New York, Nos. 2501 Kansas the City Treasurer or at the Guar¬ Stern Bros. & Co., of City, and McDonald- Moore^ Co., of Detroit, at a price basis of about 1.36%: to 3000, at the office of anty Trust Co., New York City. of 101.2799, a $1,018,000 airport bonds. Sept. 1, 1947 to 1976. 24,000 auditorium bonds. Sept. 1, 1947/ :/ ; 12,000 fire 1947. bonds. 1947. Due Due Cook County (P. O. Chicago), III. Bond Call—Victor L. Due - Sept. ment 1, Due Sept. 1, Schlaeger, County Treasurer, calls for pay¬ Trust - 7,000 garage bonds. mate¬ New on Dec. Co., of 1, at the American Chicago, the A%, series AA bond No. 188 of 1930 of Cook County. ■///. k^ ■'.*.','.,. V;r.',;i,•''',' „;7vv,\ V-j .';'fi:.lV€»^ S* ■■■?;}* AVolume 164 Cook ''• ''i ■)'!''■>''>•"-t 4 *l7 ,;v-ft vr ' I.,-; idated Sch. Dist. No. 34 (P. O. Glenview), III. Bond Sale—The $310,000 school Vanderburgh County (P.f O,;. Evansville), Jnd. j. Bond Offering—G. E. Bauman, County Auditor, will receive bonds offered for sale on Oct. 29 sealed 2063—were awarded to the Northern Trust Co., and the 14, 15, a p. 13/4S, at as basis a about of June V, These bonds William $1,000. 1, in Denom. June due are next highest The 1967, was Dated 1.739%. 1946. 1949 "to bidder joint¬ price of 100.128, Hornblower & Weeks, Blair & Mul- and Co., laney, Koss & Co., jointly, for 2s, at a price of 102.116. Bonds lage the Sold—R. W. Rank, Vil¬ Clerk, has announced that $7,500 fire truck bonds au¬ thorized at bids for the 1946.' bonds held the election on Consolidated $70,000 4 p.m. are Nov. These bonds will be the di¬ J-J. rect obligations of the County, payable out of unlimited ad va¬ lected all of the taxable prop¬ on The erty of the County. & Miller, of Indianapolis, will be of. the 3% for bonds; bid / missioners. building • submitted ~ taxable lo-> cated therein. Legality approved i>y Chapman & Cutler, of Chicago. 1 'ti' V-":/Jr\ 'r- ■ ''*■f.' property :r\*r- r' /• Peoria Sch, Dist, No, ISO, III. Bond Election Pending — On Oct 15, at the Board of Education .meeting, it was declared that an issue of $7,260,000 construction bonds will be submitted to the Voters. Perry County, Community High School District No. 101 (P. O. Pinckneyville), III, Bonds Offered to Public—An 'iZi$ the will voters be the at Bond Kan. issue Election —An $50,000 pool swimming of -bonds will be submitted to the voters at Bank, of Beloit, at a price of par, as follows: $120,000 maturing $20,000 Oct. 1, 1947 to 1952, as Is, $120,000 maturing $20,000 Oct. 1, 1953 to 1958, as IV2S, and $160,000 maturing $20,000 Oct. 1, 1959 to 2s. as Dated Oct. 1, 1946. Denomination $5,000. These bonds are callable on any interest pay¬ ing date on pay¬ Treasurer's of¬ — airport submitted to issue of will An be bonds the voters the at Nov. 5 election. $4,bonds will be submitted to the voters at the on Nov. 5. Sabetha, Kan. . airportv bonds will be $30,r sub¬ mitted to the voters at the gen¬ eral election. Runner-up Bell County (P. O. Pineville), Ky. l%s, while an Bond Redemp t i0n —- W. L. offer of 101.60, also for IV2S, was Knuckles, Jr., State Local Finance third high, bid by the Harris Trust Officer, has announced that: the, & Savings Bank of Chicago, and series A, road and bridge refund¬ associates. Interest on the above ing bonds, Nos. 136 and 266 to bonds payable J-D. 275, are called for redemption on Dec. 1, at the Security Trust Co., Manila, Iowa of Lexington. No interest shall Bond Offering—Cicero Morgan, accrue or be paid on said bonds Town Clerk, will receive sealed subsequent - to their redemption bids until 8 101.84 for p.m. on Nov. 12 for the purchase of $20,000 memorial issue of $265,000 school bonds are building bonds. being offered for investment by Benjamin Lewis i & Co.; of Chi¬ cago, and Associates. Bonds ma¬ turing in 1947 to 1953 carrying a 1% % v coupon are offered jfrom terest shall cease, $10,000 3% re¬ funding bonds, dated May 1, 1941, 71 through 80, of the denomination of $1,000 each, ma¬ turing July 1, 1956, redeemable at numbered and accrued interest prior to Said bonds should be par maturity. presented for are date. These bonds are dated June 1,1941. v Bond vis, County Court Clerk, Will re¬ Offering—George Hailed,, sealed ceive the at Detroit. ' ; Detroit^ Michn - ■ , , Bond Offering—Homer R. Mar- son/ City Controller, will receive bids Nov. until 19 for lO the a.m. (EST) purchase of $7,000,000 series of 1946,; Detroit Transit /revenue not Oct. coupon bonds, exceeding 4% interest. Dated .15, 1946..,,Denom. $1,000. due are 1960. Dec. 31, in Rate of interest to be in multiples of y* of 1%. The bonds will be registered as to principal only. Both principal City Treasurer's office, or at the option of the holder, at the banks in the.City of New York and Chi¬ cago, which are at the time of bids until 11 a.m. Bids shall be conditioned unqualified the opinion of Chapman & Cutler, of Chicago, approving the legality of the 2% coupon are a being offered to yield from J .50% to 1.90% a a basis; Rockford Sanitary District, III. <■ Offering—W." A. McPhail, Bond •Clerk will of the receive on* Nov. p.m. •of Board not Trustees, bids until 4 7 for the purchase $500,000 series G, bonds, of sealed sewer coupon 2J/2 % int. exceeding Dated Dec. 1, 1946. Denom. $1,000. These bonds are due $25,000 Dec. 1, 1947 to 1966. Said bonds may be registered as to principal only in the name of the holder on the bdoks of the District in the office •of District the Treasurer. Said bonds will be general obligations of said District payable from advalorem taxes levied upon all the taxable property without limitation amount. Principal and at such bank payable in the as to District rate or interest or trust be mutually •agreeable to the District and pur¬ •company as may Bids must be for all and chaser. not part of said bonds. The ap¬ proving opinion of Chapman & Cutler, of Chicago, will be fur¬ nished. Enclose dor $3,000, a certified check payable to the District; INDIANA Oxford, Ind. Bond Town will re¬ ceive sealed bids until 8 p.m. on Nov. 8, for the purchase of $25,000 water works utility revenue bonds, to bear not exceeding 3% interest. 7,! forthA purchase1" of bonds, Nov; Dated Nov. 1, 1946. De¬ $1,000. These bonds are due $1,000 from Jan. 1, 1948 to 1972. nom. exceeding next bonds procedure, at sion./ Michigan State Normal College (Ypsilanti), Mich. ' Bonds Purchased—The follow¬ ing dormitory bonds amounting to $1,030,000 were purchased ;npn Oct. 30, by a syndicate composed of the First of Michigan Corp., Watling; & Co., Paine, Webber, Jackson & Curtis, Crouse & Coi, all of Detroit, Donovan, Gilbert & Co., of Lansing, and H. V. SatLley & Co., of Detroit: V; /) McDonald-Moore & Co., Lerchen $265,000 1%% revenue bonds. Due ; $18,000 v May and Nov. 15, M 1947 and *1948, $18,000 May andr $19,000 Nov. 15, 1949, $19,000 May and Nov. 15, 1950 and 1951, $19,000 May and ii; $20,000 Nov. 15, 1952, and I' $20,000 May and Nov. 15,1953. 124,000 2% revenue bonds. Due Jg $20,000 May and Nov. 15,1954, and $21,000 / 1955 and Ma^-and Nov.. 15, 1956. : . % 87,000 2V\% revenue bonds. Due •(/; $21,000 May and $22,000 Nov. 15, 1957, and $22,000 May and | Nov. 15, 1958. r 160,000 2% series A, revenue . bonds. Due Nov. 15, 1958, series B, 2V\% revenue I bonds. ; Due Nov. 15, 1983; 7 Dated Nov. 15, 1946. Denom» 395,000 $1,000. Principal and interest payable at the Ann Arbor Trust Co., Ann Arbor. Legality approv¬ ed by Miller, Canfield, Paddock & Stone, of Detroit. Michigan State Bridge Commission Mich. ' r -. Bond Call—W. C. Stinson, Sec¬ Chi¬ amount retary of the Commission, has livered in NeW York City, or cago, upon of payment named in proposal, and upon pay¬ ment of interest accrued to date of delivery payment to be made in Federal Reserve funds in Detroit. Enclose certified check for 2% a of the total par value of the bonds, payable to the City. be; detached and presented in the usual but interest manner, due June 1, 1947, and all subsequent coupons must be at¬ coupon Mich. Bond Offering—D. M. Dennedy, Clerk, bridge revenue refunding bonds; dated June 1, 1945, are called for payment on Dec. 1, at the Guaram/ ty Trust Co., New York City. .The interest coupon due Dec. 1, 1946, must Township (P. O. Eraser), I Township announced that certain blue water will receive sealed bids until 8 p.m. (EST), on bonds, to bear not exceed¬ ing 3% interest. Dated Nov. 1, 1946. Denom. $1,000. These bonds are due Nov. 1, as follows: $3,000 in 1951 and 1952, $4,000 in 1953, coupon tached to the bonds. cease / - Interest v/ill bonds said on called. after .datb h.'' - Richmond, Mich. -, Offering—Karl Bond 2^2% 1 interest. 1946. Dated . Denom. . . N. Hirt, , 1959, $14,000 in 1960 to 1962, and $15,000 in 1963. Registerable as to principal only. These bonds were voted at the election held Oct. 14. The of $500 (payable to the Town, must check for not bear $100,000,000 the be Sept. 1, Villag^; Clerk, will/receive sealed bids until .7:30 p.m. on Nov. 4, for $1,000. . These the purchase of $70,000 sewage bonds are due $4,000 Sept. 1, 1947 disposal system revenue coupon to 1958. Bidders to name the rate to 1956. Principal and interest of interest, but no award will be (M-S) payable at the Citizens $6,000 in 1954 to 1964, $7,000 in jbonds, to bear not exceeding 1965 to 1971, and $8,000 in 1972 2Vz% interest. Dated Oct. 1, 1946. made on any bid of less than par Fidelity Bank & Trust Co., Louis¬ Denom. $1,000. These bonds .are and accrued interest. Principal ville. A certified check for $1,000 to 1976* Rate of interest to be in multiples of V\ of 1%. Principal due Oct. 1, as* follows: $2,000 ;iw and interest (M-N) payable at the must accompany bid. and interest (M-N) payable at the 1949 to.1959, and $3,000 in I960 to City Treasurer's office.' The ap¬ MASSACHUSETTS Detroit Trust Co., Detroit. Bids 1975. Bonds maturing in 1973 to proving opinion of Chapman & shall be conditioned upon the un¬ 1975 will be redeemable in inverse Cutler, of Chicago, will be fur¬ Lynn, Mass. qualified opinion of Claude H. nupierxCal order at par and ^ac¬ nished. {A certified check for 2% Bond Sale—The $260,000 munic¬ of the amount of the bonds is re¬ Stevens, of Berry & Stevens, of crued interest on or.after Oct. 1, ipal relief loan, Act of 1945, bonds 1954. Rate*ofvinterest to be in quired. ♦ X offered for1 sale on Oct. 30, were Detroit,, approving the legalityr of the bonds. The bonds will be de¬ multiples of V4 of -1%. Principal: Ottumwa Independent Sch. Dist., awarded to the Second National livered at Detroit. A certified and interest (A-O) payable at the Bank of Boston, as Is, at a price Iowa chieck for 2% of the par value of Macomb County. Savings Bank, of 100.5981; a basis of about Bond Offering—Walter McLain, the bonds, payable to the Town¬ Richmond. Said bonds are not a 0.786%. Dated Nov. 1, 1946. De¬ Secretary of the Board of Direc¬ general obligation of the Village, nom. $1,000. These bonds mature ship Treasurer, is required. tors, will receive sealed bids until but are payable solely from Hie Gaylord, Mich. 10 a.m. on Nov. 21; for the pur¬ $55,000 Nov. 1, 1947 and 1948 in¬ revenues of the Sewage Disposal clusive, and $50,000 Nov. 1, 1949 chase of $800,000 building bonds. Bond Sale —The $35,000 water System of the Village. Bids shall to 1951 inclusive. Interest pay¬ Bonds and attorney's opinion will system revenue bonds offered for. be conditioned on the unqualified able M-N. be furnished by the District. sale on Oct. 28—v. 164, p. 2064— A opinion of Miller, Canfield, Pad¬ certified check for 2 % were awarded to "Donald G. of the MICHIGAN dock & Stone, of Detroit, approv¬ amount of the bonds payable to Babbitt, of Detroit, as 23/4s, at a ing the legality of the bonds. A the District Treasurer is required. Barry County (P. O, Hastings), price of 98.40, a basis of about certified check for $1,400, pay¬ Mich. 2.872%. Dated Oct. 1,1946. Denom. able to the Village, must accom¬ Perry Indep. Sch. Dist., Iowa Note Sale—The $18,000 tax an¬ $1,000. These bonds are due Oct. Bond Offering—J. S. Vander- ticipation notes offered for sale pany bid. > 1, as follows: $1,000 in 1948 to linden, Superintendent of Schools, on Oct. 25, were" awarded to the 1968, and: $2,000 in 1969 to 1975. St. Clair Shores, Mich. :; will receive sealed bids until 10 Central National Bank, of Battle The next highest bidder was Mc¬ Bond Sale The following cour a.m. on Nov. 4, for the purchase of Creek, at 0.2%. The next highest Donald-Moore & Co., for ,3s, at a pon sewer bonds aggregating $89,$162,000 1%% building coupon bidder j was McDonald-Moore & price of 100.393. > ; .>;/ j bonds; Dated Nov., 1, 1946. De¬ Co., at 0.4%, 000; offered for sale on Oct. 29-Michigan (State of) nomination $1,000. These bonds v. 164, p. 2064—were awarded to / Chelsea, Mich. are due Nov. 1, as follows: $1,000 Early Bonus Bond Offering a syndicate composed of H. V. in 1950, $3,000 in 1951, $12,000 in i : Bond Sale—The $6,000 coupon Seen Probable Pending Approval 1952 to 1954, $13,000 in 1955 to water works and sewage system —At the Nov, 5 general election Sattley & Co., Inc., of Detroit, the $44,000 street improvement bonds. Dated Nov. 1, 1946/ These bonds are due $4,000 from Nov. 1, 1948 Bate of interest to be in multiples of y4 of 1%; A certified check for accompany bid. to about would , Offering—Earl A. Steele, Clerk-Treasurer, on It is currently expected that an off er- These • bonds will be de¬ bonds. City Treasurer, will receive both; (CST), on Nov. 15, for the pur¬ Isfov. 4, for the purchase of $165,<0.80% to 1.40%. Maturities from 000 water supply system revenue sealed and 'oral:, bids: until 10 a:m. chase of $40,000 road and bridge 1954 to 1965 with of up , payment acting as the official agency banks of the City in said Erin in not less than 5 years no? Carter County (P. O. Grayson), Ky. more than 20 years, Bond Offering—Haskell E. Jar- Ottumwa, Iowa payment Manufacturers National Bank of due These bonds \ Inkster), Mich. * Call—Ralph M. Bell, Dis¬ trict Secretary, calls for payment on Jan. 1, 1947, on which date in¬ upon tional Bank of Chicago group, of¬ fering Township Fractional ^ cities. KENTUCKY in the bidding was the First Na¬ ing set procedure. the conclusion of the special ses¬ and interest will be payable at the Bond Election—An issue of 000 an i administrative Bond 1947 to Bond Election—An issue of 200 water improvement the School District No. 8 (P. O. These bonds Ransom, Kan. election Dearborn on Scott, Kan. Election $125,000 Resolution calling for a sealed , ratify the amendment and Oct. 22, County Board of Supervisors passed three months' notice. able at the State the Nov. 5 election. 1, from 1947 to 1965. the H Sale—The Bond Albia, Iowa Bond Chippewa County (P. O. Sault Ste.' Marie), Mich. issue of $50,000 road bonds, - al 1966 2329 Bonds Authorized—On KANSAS|®|®1#; Fort Prin¬ cipal and interest payable at the Des Moines Indep. Sch. Dist., Iowa Peoples National Bank, Kewanee. Bond Sale — The $1,000,000 These bonds, to be issued for building bonds offered for sale at sewer improvement purposes, will public auction on Oct. 29—v. 164, in the opinion of-counsel, consti¬ p. 1920—were awarded to the tute direct general obligations of Central Republic Co., of Chicago, the City, payable from ad valorem as IV2S, at price of 101.842, a basis taxes which may be levied with¬ of about 1.355%. Dated Dec. 1, out limit as to rate or amount on 1946. These bonds are due on Dec. the Independent bonds Beloit, fice. Denomination of to Nov. 5 election. IOWA Bank, of Chicago. all £HT. fori payable to the Board of Com¬ Principal and interest (A-O) by the First National and $11,000 in 1958 to 1965. certified Enclose: a of $150,000 1V2 % sewer bonds is being offered for general Dated June 1, $1,000. Due Dec. 1, as follows: $4,000 in 1947 to 1954, $10,000 in 1955 to 1957, approv¬ opinion of Ross, McCord, Ice ing issue 1946. v $400,000 gen¬ $10,000 Jan. and $5,000 July 1, eral obligation water and electric 1948 to 1956, and $5,000 Jan. 1, light plant bonds authorized at a 1957. .Rate of interest to be in special election held on Sept. 20, multiples of. of 1%, payable were awarded to the First Nation¬ check Kewanee, III. to Public—An Offered investment on of $145,000 purchase Denom. $1,000. These due $5,000 July 1, 1947, • furnished. Aug* 1, have been sold locally* Bonds until lorem taxes to be levied and col¬ Depue, III. ■ •• School District, Iowa „///,?'■ Bond Election—An issue of exceeding 2% interest. Dated Nov. ly, Urbana voting maqhine bonds, to bear not Illinois Co., both of Chicago, 164, —v. /■ THE COMMERCIAL & FINANCIAL CHRONICLE : Consol- Community County y-A\:r: '•/"«" Number 4539 >. \ approving on opinion Chapman & Cutler, of Chicago, will be the bid. furnished, $3,240 must / A certified accompany .,///;;.• disposal sale State 164, p. 2193— by the Chelsea Bank, as 2s, at a price of Dated Oct. 1, $1,000. $2,000 terest bid bonds offered for 28—v. purchased were par. revenue Oct. on These 1946. Denom. bonds are due Octr l, 1948 to 1950. In¬ payable A-O. Norther on was received. ■ 7/'R^'/v.' the voters will pass on the issu¬ Soldiers' Bonus bonds, and it appears that public sentiment is definitely fa¬ ance/of been $270,000,000 It has indicated that if the bonds vorable are < to the approved a proposal. special legislative session will be called within a 30riav nArind aftr>r the election to Channel; Securities Co.* and Bar- Kindred & Co., both of Chi¬ cus, cago, as 5138, a 2%s, at a price of 100.- basis of about 2.69%: $56,000 special assessment, District / No. 3 bonds. Due on Nov. 1 in 1948 to 1961, incl. 33,000 special assessment, District 2330 THE COMMERCIAL 8c FINANCIAL CHRONICLE No. 4 bonds. Due Nov. on follows: 1 for $400,000 maturing in 1948 to 1961, incl. $25,000 from Nov. 1, 1947 to 1962, Dated Nov. 1, 1946. The maturi¬ as iy4s, and $100,000 maturing ties of 1959 to 1961 are callable on $25,0000 from Nov. 1,1963 to 1966, and after Nov. as iy2s. Dated Nov. 1, 1946. 1, 1958. Second De¬ best bid was a joint offer by the nom. * $1,000. Interest payable First of Michigan Corp., and Mc¬ M.N. Runner-up in the bidding Donald-Moore & Co., for both is¬ was a joint offer by John Nuveen & Co., and Stroud & Co., a bid sues as 3s, at a price of 100.21. .of 100.0705 for $375,000 as iy4s, and $125,000 as iy2s, MINNESOTA figuring to a * Amherst • Oct. 24—v. awarded 164, the to p. & iy4s, at payable price of par. A-O. Due in as Interest a 1947 all sections of has been approved 1956, inclusive. Louis. Election—An $300,000 building submitted bonds the to will flection to be held on be Bond Nov. 12. Hawkins, rtt?////// Offering—The City Clerk will receive sealed bids until Dec. 2 for the following bonds totaling r $80,500: $55,500 water, and $25,000 sewer bonds. > Eden (P. O. Gully), Minn. Bond Offering—Victor A• Thor- , , , ' Town Clerk, receive V Columbia Falls, Mont. sealed bids until 1 p.m. on Nov. 8 Bond Election An issue of for the purchase of $28,000 road $50,000 water system bonds will and bridge bonds, not exceeding be submitted to the voters at the 2^t% interest. Dated Nov, I, 1946. election to be held on Dec. 10. : Denom. $1,000. These bonds are Stillwater County (P. O, due $2,000 Nov.. 1, 1949 to 1962. Columbus), Mont. Bidders to name a single rate of ;/ son, will — * Bond Election interest in multiples of l/4 or onetenth of 1%. These bonds were $100,000 hospital authorized at election held an An — issue will bonds of 5 election. able at any suitable bank or other institution the ^purchaser' may Sweet Grass County, County High School District (P. O. /! designate. of The approving opinion - Bond Election An —- : , Bigtimber), Mont. Dorsey, Colman, Barker, Scott Barber, of Minneapolis, will be & - * of $90,000 gymnasium bonds will he the successful bidder., submitted to the voters at the No¬ certified check payable vember 5 election. These bonds to the Town Treasurer, for $560. h are due in 20 years. a redeemed at the the & ceases on should Jasper County Sch. Dists. (P.O. Bay Springs), Miss. Bond Bale—The following bonds totaling $11,000, offered for sale on Oct. 24—v. 164, p. 2193—were awarded to the Bay Springs Bank: $ 6,0 0 0 School j District bonds. District bonds. , •v$" • Election An — issue of years. enclose their tenders envelopes Columbia, Bond /j Election An issue / of years, five years. the Nov. 5 election. County, Enterprise Cons. Sch. Dist. (P. O, Brookhaven), on Miss. Sold—An Bonds 000 2Vz% / chased issue school bonds recently by of $10,was the pur- Max T. Allen Co., of Hazlehurst. Dated July 1, 1946. Legality approved by Charles .& Trauernicht, of St. !;■Louis. approved at the election held Oct. 17. "v * Lincoln County Loyd Star Consol¬ Sch. Dist. idated (P. O. Brookhaven), Miss. Bonds 2y8% Purchased—The school ; ; Dated July of St. / T Schuyler School District, Neb. Bond were pur¬ Legality ap- Charles A. Trauernicht, missouri v. Fulton, <;//// Mo. Bonds Voted—An issue of $200,- 000 water and electric light gen¬ eral , 1 ap¬ held — An issue of pur¬ was Oct. 22. City, Mo. Scottsbluff, Neb. « Bond Election— An issue of $50,000 stadium construction bonds will be submitted to the voters at the Nov. 5 election. These bonds are : due in 10 years. i /: : • > ? Valentine, Neb. Chicago, at interest a price of 100.2055, cost of 1.3185%, a as bid. County (P. O. bidder -. sealed Treasurer, bids until 2 was election in November: a duPont & price of 100.06.; will '' receive on Kings Mountain, iN. C, * Bond Sale—The $20,000 coupon street improvement bonds offered Nov.' 12, for the purchase of $407,000 improvement coupon or registered for sale on Oct. 29—v. 164, p. 2199 bonds, to bear not exceeding 4%- —were awarded to R. S. Dickson interest. Dated Nov. 1; 1946. &; Co.,. of Charlotte, as 1%$, at a Denom. $1,000. These bonds are price of 100.111, a basis of about due Nov. 1, as follows: $20,000 in 1.735%. Dated Nov. 1, 1946. De¬ 1947 to 1955, $25,000 in 1956 to nom. $1,000. These bonds are due The next 1963, and $27,000 in 1964. Rate May 1, in 1948 to 1960. of interest to be in highest bidder was J, Lee Peeler Vs or one& Co., and Vance Securities Corp., twentieth of 1%. Principal and interest (M-N) payable in lawful Greensboro, jointly, for $10,000 money at the First Mechanics Na¬ I%s, and $10,000 2s, at a price of . tional Bank of Trenton. The suc¬ will be furnished * ' " r-•.•////''/V' v/^ pat. • bidder •/ '/•/. / noon on Nov. 7, purchase of $30,000 special sewer bonds, to bear not exceeding 3% interest/Dated Nov. 1, 1946. Denom. $500. The^se assessment bonds and water works bonds were 1; ap¬ . , nounced new york (P. O. of funding price main extension bonds. est the of par. Purchaser cost of legal opinion. payable annually. « - to • % Auburn, N. Y. Bond Offering City — Comptroller, J. A. will receive and refunding ohio submitted - io Bond Offering—Leona Moore, Village Clerk, will receive sealed bids until noon on Nov. 16 for the purchase of $5,000 3% fire appa¬ Keller, receive sealed bids until 11 a.m. on Nov. 8 for the purchase of $57,000 gen¬ eral improvement coupon or reg¬ ratus bonds. These bonds Dec. are dated the'.voters. Mt of the I Bond ,Off ering Denom. $500. Due $500 Oct. 1, 1947 to 1956. r- Jay -Parker,/ Secretary-Treasurer, will receive sealed bids until 2 p.m. on Nov. 8, for the purchase of. the following unlimited tax bonds - amounting $175,000, to bear not exceeding 3% interest: V 'to 1, ps -follows $5,000 in 1947^ $6,000 in 1948, $5,000' in 1949, / y $.1,000 in 1950,' $5,00Q in 1951, $6,000 in 1952, $5,000 in 1953, ,1 $6,000 in 1954, $5,000 in 1955, $6,000 in 1956, $5,000 in 1957,. $6,000 in 1958, $5,000 in 195J9, $6,000 in 1960, $5,000 in 1961, $6,000 in 1962, $5,000 in 1963, / $6,000 ip 1964, $5,000 in 1965, and $6,000 in 1066./(; I . 65,000 hospital bonds. Due Noy. //I, as follows: $3,000 in ,1947 to 1949, $4,000 in 1950, $3,000 / in 1951 to 1953, $4,000 in 195i4/ v $3,000 in 1955 to 1957, $4,000 irt 1958, $3,000 in 1959 to 1961, / : $4,000 in 1962, $3,000 in 196'3 to 1965, and $4,000 in 1966.! . Bated $1,000. June 1, Bidders 1946. Denoih. bid for a may different rate of interest in a mul¬ tiple of y4 of 1%. Principal; and and interest (M-N) payable at the First Citizens National Bank,'Up¬ Sandusky. The approving opinion of Squire, Sanders & Dempsey, of Cleveland, will be furnished the " purchaser at his per - A certified check for 1% of the bonds bid for,.payable to the Secretary-Treasurer, is re¬ quired. /://■ * V ' ; Defiance, Ohio / . ! Bonds Authorized The City Council is said to have ordered — the issuance of 1, 1946. $125,000 municipal water works bonds. Bidders may bid for a different rate of bonds, not exceeding 5% interest in a multiple of % of 1%. —were awarded to the Borden¬ interest. Dated Dec,' I, 1946. town Banking Co., as 1.30s, at a Enclose a certify ri>eck for ,! Denom. $1,000. These bonds are price of 100.008, a basis of about due Dec. 1, as follows: $11,000 in payable to the Village. ; " istered t Crane, Mifflin, Pitt and Salemv Townships, Joint Hospital Dist. (P. O. Upper Sandusky), Ohio, expense. Amsterdam, Ohio pay Inter¬ will bonds. recently by the An¬ dover National Bank, as iy2s, at a $25,00,0 airport; $125,000 sewage disposal plant, and $38,000 water he that sealed tenders until 5 p.m. on Nov. 13, ElccUon-^An r/ssue $50,000. construction bonds will be Bonds Voted—An issue of l$50,000 Township Local Sch. pist* (P. O. Coalton), Ohib ~ ' Bond / proved as a result of the election binding obligation of the County. held on Oct., 22. ' $8,140, pay¬ able to the County, must accom^ Murphy, N. C. / Bond Tenders Wanted ^E. L. pany bid. ' • ,"* < • Shields, Town. Clerkr has / an¬ ®;-/y are due $1,500 on March Sept.. 1, in 1948 to 195?,* Rate Coal Matthews, N. C. A certified check for Andover t sealed bids until $110,000 Jiospital bonds.'Due Nov. north carolina < purchased general Francis I. G.Weart, p.m. ' for the street a Co., for 140s, at Trenton), be submitted to the voters at the The $47,000 awarded to Tilney & Cp.f of New' reading; York, as Is, .at ; i . —- election to be held in November. price of 1Q0.041, calling for an issue /of $13,300 a basis of about 0.985%./ Interest street improvement k Jbonds j payable J-J. / The next highest notes. ^ Offering —Robert Ifam— City Olerk4 will receive niet, Rockvttie Centre, N. Y.. 14, passed final following bonds amounting to $188,000 will — $500,000 series Bordentown), N. J. V, traffic-way improvement bonds Bond Sale—The $12,000 water ^offered for sale on Oct. 28—v. 164, assessment of 1943 bonds offered p. 2065 — were awarded to the for sale on Oct. 29—v. 164. p. 2065 Harris Trust & Savings Bank, of 10ct. on ! Bond on ■ Bend. Sale—The Andover), N. Y. Bonds Sold—An issue of $14,250 war memorial building bonds was Election re¬ a.m. water,. Sykes & Heckler, of New City, will be furnished to thepurchaser without cost. A certified eheck Jpr $100^ payablp to the District, must accompany ; with the opinion of Hawkins, Del¬ afield &'Wood, of New York, that the bonds are valid and legally Bordentown Township (P. O. Bond Sale—The on ordinance an new jersey Kansas net ough Council < Bryan, Ohio . Glen Rock, N. J. improvement of 1946 bonds of-' Ordinance Passed ^The/Bor/4 fered for sale on Oct. 25, were be submitted to the voters at the on obligation bonds proved at the election funding.warrants; Pohl & -Co., offer- for2Vi8A L. York advised that the cessful Bond /,■ Funding chase and construction bonds will y ;• Election - . bonds L 1946. be submitted to the voters at the election to be held on Dec. 28. Nov. 5 election. $18,000 chased recently by Harrington & Co., of Jackson, and the First Na¬ tional Bank, of Memphis, jointly. proved'by Geneva, Neb. $10,~ park improvement bonds will Bond Election—-An issue of 000 $250,000 2j/4% and 2y2% site , Hewitt has also was was of interest to be in multiples of 1 %, Principal and interest (J-J), of 1%. Enclose a: certified payable at-the Dover Plains Na>check for $300, payable to the tional Bank, Dover Plains. The City/ // r T.' > '.r approving y opinion of Vander- in Lee, 1011 Palisade Avenue, Lee, N. J. Tenders will be County Filley School District, Neb. Bonds Voted—An issue of $12,000 gymnasium construction bonds Offering — Edward District Clerk, will ; to the Board of Liquidation for the Borough of Bond Off ering—Edgar *. third best Denom. marked Interest highest bid Y. r,/ ing 100,16 Wingdale), N. - in ,1951 ia J-D.- Sec¬ an, offer of•; 101.21 for 2y4% bonds, tendered by Ryan, Sutherland &. Cot, while . ond building coupon or registered bonds, to.bear not exceeding 5% interest. Dated Oct. 1, 1946, will be submitted to the voters at was Lincoln of 2%. interest bonds are due Dec. 1/ 1955. Interest payable interest funding sealed $75,000 park improvement bonds, to bear not exceeding 6% interest,' Mercer Denomination Due over a period of 10 subject to recall after $500. / the voters at the November 5 elec¬ tion: These bonds are due in , 5,000 Louin Consolidated School : • $40,000 construction water works system honds will be submitted to Antioch Consolidated De¬ nomination $400. Due over a period of 15 years, subject to recall after 5 years. { / Bond • Fox, Reusch & Co,r of Cincin¬ nati, as l%s, at a price of 100.02, basis of about 1.745%. Dated Oct. 1, 1946. Denom. $1,000. These Nov. 8, for the purchase of $5,000 Warrants," addressed Fort to a 8 $1,000. These bonds are due $1,000 from Jan. 1, 1948 to war¬ rants of the, borough. These holdr*, 1952. Rate of interest (to be in ers desiring to • offer warrants multiples of V4 or one-tenth of of "Tenders Brule, Neb. O. ceive sealed bids until 11 $34,000 available for purchase at^the lowest price the 28—v. 164, p. 2066—were awarded . Colman, Funding Warrants— Hewitt, Treasurer of the Board of Liquidation for the Borough, has announced that the M. books .will be .closed -on Nov. 20 for payment on Dec. 1, interest on , ■ Bond Sale—The $30,000 refund¬ ing bonds offered for sale nn-Oct. $1,000 frorp Oct. 30,, 1947. to 1973.; Pay 20 years.; mississippi a Bedford, Ohio (/;/,/ '// - (P. in ' " urer. 100.857, a basis ;pfabout' 1.921%. Dated/Oct. .30,a 1946.: Denom. $1,000, -. These/ bonds are :- due /v J $500 $250, payable to the Village Treas- •' Dover Common-Sch. Dis. No. and No bids for than par and accrued inter¬ Enclose a certified cheek for est. City Bank Farmers Trust New York City./ Enclose a • 1948, Bidders may bid for of interest in. a rate multiple.of y4 of 1%. the /Bond offered in less Co., Fort Lee, N. J. Josiah $700 different certified xrheck for $1,140, payable opened at 2 p.m. on Nov. 13. /.Mr. , lows: will 1949 to 1961. date called. to the voters at the November 5 election. These bonds are due in . valid ahd bind¬ a of principal amount struction bonds will be submitted bonds. $7,200 2% fire Dated Nov/ l, 1946. Denom. $500, one for $200. These bonds are-due Nov. 1, as fol¬ house bonds. the. bonds will ,be' delivered to the purchaser is Dec. 1, 1946, and de¬ livery will be made at the office and .accrued interest at First Camden National Bank Trust Co., Camden. Interest Fort $25,000 road and bridge for the purchase of der. .TThe approximate time when thereof Brady, Neb. Bond Election ; —- An issue of $42,000 water works system con¬ of are ' .. be submitted to the successful bid-r De¬ Said bonds will-he chase /.'; the bonds tp the City. (P. O. R.F.D. No. 1, Starbuck), Minn. '* 9 /-• Bond Offering—H. M. Hanson, Town Clerk, will receive sealed bids until Nov. 18, for the pur¬ NEBRASKA Batavia, Ohio Bond Offering—R. n. Majoewsky, Village Clerk, will receive sealed, bids until noon on Nov. .16 - are ing obligations of the City, of ' / taxes & Trust Co., of Legality approved by Delafield & Woodjtjoi $1,000. plain Walden multiple of 44 or one-tenth Principal and interest pay¬ the City Bank Farmers Trust Co., New York City.v These upon real ./property. The approving opinion of Reed, Hoyt .&> Washburn, of New York City, fdr that Board»has ; issue furnished Enclose of 1964, amounting to $35,000. nom. To Oct. 9. Principal and interest pay¬ a. of 1%. Delaware Township ; ■Bergen,, N. Y. EUisburg), N. J. />/■//// Bond Sale—The $27,000 water Bond Call—Margaret E. Wermuth, Township Clerk, calls for softening, plant, honds offered for payment on Dec. 1, 3% refunding sale on>Oct. 30—v. 164, p. 2199-f bonds, Nos. M1019 to M985, dated- were awarded to the Marine Trust Dec. 1, : 1939, maturing Dec. j; Co., of Buffalo, as 2s, at a price of be submitted to the voters at the Nov. on issue New York. 'V.-v Choteau, Mont, the at voters An — issue An — will be submitted to the voters, at the Nov. 5 election. and improve¬ bonds amounting to Bank New York. montana of issue Ofiered refunding revenue Chemical Dated Sept. 1, 1946. County Sch. Dist. No. 24 (P* O. Sleepy Eye), Minn. r Bond Bond cipal and interest payable at the Brown be Election $300,000 garbage incinerator bonds to bear.- The rate named must are 1946 Barberton, Ohio' , Bond - general obligations pay¬ from unlimited ad valorem Oct. 1, 1946. Denom. $1,000. These bonds are due Oct. 1, 1969. Prin¬ to as 1947 to 1950, and $13,000 in 195i; Bidders are invited to name the rate of interest which the bonds Cape May County Bridge Com- ' mission (P. O. Cape May, i ' bonds C> H.), N. J. f; able v sale legality by Charles & Trauernicht, of St. to Monday, November 4, able nt $3,400,000, is being offered by B. J. Van Ingen & Co., .of New York, Ketcham & Nongard, of Chicago, and Associates. Dated the Lead wood Sch. Dist., Mo. Bond Legality Approved — An issue of $38,000 1%% school bonds Mer¬ State Bank of Preston, chants from sub¬ were country for the bonds. 1921—were Farmers highest /bidder was Schmidt, Poole & Co., for 1.30s, at a price of par. ment bids Nov. next 2%% mitted and bridge bonds offered for sale on The net interest cost of about 1.3504%. other Dated 1, 1946. De¬ nom. $1,000. These bonds are due $3,000 on Jan. 2, in 1948 to 4951. Numerous (P. O. Lanesboro), Minn. bale—The $30,000 road Bond 1.296%. Fresno Local Schv Dist,, Ohio Election — An issue of Bond $75,000 construction bonds will be submitted to the Nov. 5 election. . voters J.atthe v ■* , i v .Volume : THE COMMERCIAL & FINANCIAL CHRONICLE Number 4539 164 2331 bear not exceeding 3% interest. 87,000 water main bonds. Due still remain unsold. Due $12,000 Ravenna, Ohio : Due in 1947 to 1956, met • Inter¬ $5,000 in 1950 to 1965, and in 1950 .to 1965, and $8,000 inT ;• Bond Election* — An issue of Purchased—The,, $44,000, est payable J-D. $7,000 in 1966. 1966. : $20,000 fire equipment bonds will :r street improvement bonds were :33,00{R-white way bonds. be submitted to the voters at the Due /; y Washington Spiro, Okla. Township (P. O. ;■ purchased recently by. thesCity $2,000 in* 195CT tQ-1965, and general election*•. r» .v"'y ,fi" BPnds Offered^-Sam A. James, ; , Toledo), Ohio Treasury Investment Account, as $1,000 in 1966. ' Town Clerk, received sealed bids 1 [ Bond Election — An issue of 2s, at a price of par. Dated Nov. \k Roscoe Local Sch. Dtst.,Qhior 37,000 storm sewer bonds. Due Until 2 P,m. on Oct. 29, for the Bond Election ^ An issue of $20,000 building and fire appara¬ 1,;1946. These bonds are due Nov. ^ $2,000 in 1949 to 1965, and purchase of $45,000 electric tus bonds will be submitted to the light $73,000 construction bonds will be 1,-1948 to 1952. ' V ' • ' 'i 1/ $3,000 in 1966. / improvement bonds. These bonds submitted to the ' voters at the voters at the general election. i Bonds Not Sold—It is also re¬ Harpersfield Local ScK DUt.v(Pl Q.. are due $3,000 in 1949 to 1963. -Nov. 5, election., * V, V ' i Ashtabula Washingon Township Local Sch. ported that the CountyX> Ohio ; $200,000 hospital These bonds were authorized at Sabina, Ohio Dist. (P. O. Toledo), Ohio bonds offered at the same time, the election held on Oct. 14. Bond Election An issue of i Bonds Authorized-rThe /Village. ?7 Bond Offering — O. K. Benton, $20,000 sanitary system bonds will Council has passed an ordinance Clerk of the Board of Education, be submitted to the voters at the calling for an issue of J73,000 mu¬ will receive sealed bids until 7:30 N.ov. 5 election. submitted to the voters at the Brentwood, Pa, nicipal electric lights and power p.m. on Nov, 14, for the purchase Bond Election—An issue of election to be held in November. J / Hebron Local Sch. Dist., Ohio plant improvement mortgage of $250,000 building and equip¬ $300,000 park bonds will be sub¬ ' Bond Election An issue of bonds. ment '}$*'[ Hamilton, Ohio ■ /,' , Bonds * . . . , , — bonds, to bear not exceeding — $188,000; site purchase and tion.^.- Oyy Ohio Offering—"£.~Pr "Rudolph, Director of Finance^ wiU receive sealed bids until noon (EST) on Hillsboro Exempted Village mitted Nov. 12, for Shaker Heightsf, con¬ struction bonds will be submitted to the voters the Nov. 5 elec¬ at School ; : . District, Ohio ; Bond Election — An issue of $70,000 construction bonds will be , . submitted voters the to the at Dated Nov. 1, 1946. $1,000. These bonds are due Nov. 1, as follows: $16,000 in 1948 to 1952, and $17,000 in 1953 2% Bond interest. Denom. the purchase of $100,- to 1962. Rate of interest to be in 000 V/2% series_„C "sewer1 and multiples of V\ of 1%. These drain bonds* Dated Nov. 1, 1946. bonds were authorized at the elec¬ Denom. $1,000. These bonds are tion held on Sept; 24. A certified $10,000 fromrOct. 1, 1948 to Bidders jpay bid for a dif¬ in multiples due check for 1% *4 Jerusalem Township (P. O. • Bond Offering Board of Education, is of 1, Curtice), Ohio R. F. D. the bonds bid for, ; bonds were election of- 1 %:""*• Said V4 ' Bonds Otto Klaege, -— payable to the required. Waterville, Ohio authorized at the general 'v 1 . i Election Bond An — of issue $65,000 construction bonds will be submitted to the voters at the $150,000 storm will bonds of issue system sewer submitted be (EST), on sealed bids until noon An — the to election in voters at the>general November. 4, for the purchase of $81,000 1 %% refunding bonds-.*. Dated Nov. 1, >1946.; Denom. i $1,000. These bonds are due Sept. 1, as Sept. $1,000 in 1950, $10,000 in follows: Leipsic Local Sch. DUt., Ohio V Bond Election— An issue Of $295,000. construction bonds will be submitted to the voters at the and 1953, in and -1952,:-$20,000 1951 The approv¬ $40,000 in 1954. payable toHhe apparatus purchase bonds. Height* City Sch. DUt., ■■K:■•"•Or; Ohio F. J. Vasek, Clerk of the Board of Education, Boiid Offering will receive sealed bids until noon Nov. on 12, purchase for the of Dated $100,600 2 % school bonds: ' Jan. 1, 1947. Denom. $1,000. These bonds are due $5,000 from Jan. 1 1948 to 1967. Bidders may bid ' for different rate of interest in a multiple of % of 1%. Principal and interest (J-J) payable at the Central National Bank, Cleveland. A certified check for 1% of the amount-of the bonds, payable to the Board of Education, must aca • bid. company Marion Township Local Sch. DUt (P. O. Marion),'. Ohio 0L': Election Bond • 1 $100,000 municipal hospital bonds An — issue of site purchase and con¬ struction bonds will be submitted to the voters at the Nov. 5 elec¬ Cii^is Required.; County Sch.' Dists., Election —An Okla. issue of mitted to the voters at the elec¬ held be to on Nov. 5, for purchase of sites and construction buildings, in Watonga Inde¬ of Stark. County.0. Canton Jf Ohio pendent Consolidated District No. Bond Offering—Hilda Schrancz, 42 and Geary Joint Independence of 'tile Clerk Board County of Commissioners, will receive bids until 11 a.m. (EST) on Nov. 18 for purchase of $104,000 Reedurban-Genpk Sewer District No. 9 bonds, not exceeding 4% interest. DatedDec* 1, 1946. tDenom. the Consolidated District No. 80. , Election An issue Election voted favorably held 29: Oct. on issue of will be submitted to the voters at the Nov. 5 election. / | Pennsylvania (State of) /1 Local Unit Bond Issues Approved—The Department of Internal f ■ Affairs/Bureau of Municipal Affairs, has furnished us with the fol¬ lowing list of bond proceedings approved* and forwarded in the period from Oct. 8 to Oct* 22: Date ' MunicipalityWest Hazleton Amount Interest $15,000 2Vt% Funding floating indebtedness- Oct. 2 V* Constructing athletic field and playground, equipping and furnishing same Oct. 10 Purpose- Approved Borough, Luzerne County — District, Luzerne County—70,000 8 r Erecting, equipping and furnish- Dist., Lehigh County 150,000 1% an addition to Schnecksville grade school for High School :.y The Housing Authority of the City of Allentown_ To use as Junior Oct. 11 - with development of housing project .74 502,000 assist — Oct. 15 Lower Paxton Twp. Sch.. Dist., Dauphin County- 2 ;; 12,000 Housing Authority of the 7 Purchase of three .85 of Ocfc. 16 Oct. 17 404,000 assist with development, of housing project .85 Oct. 17 —- i Dist., County*,-^..-, 1% 200,000 Abington Township, Montgomery County— < Refunding bonded indebtedness and repairing, remodeling, equipping and furnishing a school building ^ V ; Oct. 18 Making 250,000 additions and extensions to existing sewer system 300,000 Johnstown, City of, t* Cambria County-—-- Improving streets, highways, parks, play fields and airport; 1% construction of storm School Making improvements 1% 20,000 Penn The • for ' A „;! R.D. No. at the election $450,000 water 1, Verona), Pa. W. Boyd, Offering—V. Oct. 18 and addi¬ tions to athletic field and al-" .Township ' Sch. DUt. (P. O. Bond \ f. various City departments Dist., Dauphin County- J . Oct. 18 sewers R and purchasing equipment Middletown Boro. ' To Beaver Johnstown City Sch. Cambria buses assist with development of housing project —c.—_m- V Housing Authority of the Counter school To ♦County of Beaver_%— 1,779,000^and .86 to gymnasium- .'-I. Oct. 21 Flandreau, S. Dak. Bond Election $80,000 electric Secretary of the Board of Direc¬ ment tors, will receive sealed bids until 8 p.m. on Nov. 13,' for the pur¬ chase of $700,000 school coupon held the — . An [ > issue system of improve¬ bonds will be submitted to at the election to b^ Nov. 12. .■ voters on Parker, S. D. •'-7 Dated Nov. 1, 1946. De¬ Bond Election An issue of $1,000. These bonds are due $50,000 electric light system bonds $28,000 from Nov. 1, 1948 to 1972. will be submitted to the voters Rate of, interest to be in multiple at the election to be held on Nov. ofof 1%. The purchaser will 12. receive without charge, the opin¬ y ion of Burgwin & Churchill, of Philip, S. Dak. Bond Election Pittsburgh, that the bonds are The following valid general obligations of the bonds will be submitted to the bonds. Hennessey, Okla. . — nom. Bonds Offered—Estella Brewer, Clerk,-received sealed bids p.m. on Nov. 1, for the purchase of the following bonds amounting to $23,200: Town until An — $400,000 improvement bonds of - following bonds amounting to $715,000 were ^ interest in a multiple of V4 of l%? No bids formless than par and accrued interest. Final approving opinion to be furnished by the purchaser. ..Principal and interest payable- at the County of rate — Bond Guthrie, Okla. — 1 • burgh), Pa. Township School District (Pi. O. Chester), Pa. ;terations Bonds Voted / Neville Township (P. O. Pitts- $92,000 construction bonds will be reservoir; $105,000 water system $1,000. These bonds are due Dec. extension; $60,000 sewer system, 1, as follows: $10,000 in 1948 to and $100,000 park bQnds. 1953, and $11,000" in 1954 to 1957. Bidders may bid Tor ~a different 8 ■ $12,000 street repair bonds. Due $1,000 in 1949 to 1958 and : $2,000 in 1959. School District payable from ad voters at the election to be held 8,000 water works bonds. Due valorem taxes levied on all tax¬ on Nov. 12: $62,000 water con¬ missioners. v; $667 in 1949 to 1958 and able real property within said struction, and $28,000 fire protec¬ Streetsboro Local Sch. Dist. (P. O. .$1,330 in 1959. School District, Enclose a certi¬ tion bonds, f-Jyy fied check for $14,000, payable to Kent),' Ohio 3,200 fire station, park and town Bond Election hall bonds. Due $267 in 1949 the District. An issue of TENNESSEE Kv/v/K; Treasurer's office* tified $63,791 .. Bond tem tion v/ ' Concord $175,000 bonds to bear not ex¬ ceeding 6% interest, will be sub¬ Lodi, Ohio printing said bonds will be. borne Bonds Authorized—The Village by the City. A certified check has passed an ordinance for 1% of the amount of the bonds, calling for an issue of $15,000 fire ; Sept. 19: $300,000 sewer sys¬ extension; $335,000 municipal water, light and power plant, and on Blaine !• Maple defeated at the election held ing opinion of Squire, .Sanders & Dempsey, of Cleveland, as to the Council Nov. '■ - Anadarkb, Ohla. following amounting to $725,000, Bond ' general $32,000 veterans' tem¬ North Whitehall Twp. Sch. validity of said bonds will be fur¬ nished by the City.The cost of ^ov. 5 election. the at ' . Bond Bonds Defeatedj—The were voters $175,000 Plains Twp. Sch. OKLAHOMA bonds the Gtassport School District, Pa. / Election — An issue of I bonds housing bonds. porary the to to 5 election. election. y Auditor^ "will receive City roe, Kent, Ohio Election Bond submitted be voters at the Nov, 5 election. Springfield, Ohio Offering^ John $. Mon¬ Bond Nov. 5 election: will bonds approximately $5,000^.^ of plant playground and recre¬ ational center bonds will be sub¬ mitted to the voters at the '-*■ ■ issue light improvement bonds will be sub¬ mitted Authorized—D. following and totaling $100,000: $56,500 paving improve¬ ments; $11,500 storm and sanitary sealed bids until noon on Nov. ; the -nt j Issuance water ■ on Nov. 6,1945; and are supported Ernest D. Hook, Village Clerk, has receive i-!by a tax levied outside thb lO- announced that the $175,000 sani¬ lo; mU1 limitation. A certified check tary sewer bonds will not be sub¬ for the purchase of $20,000 3% for $1,000, payable to the City, mitted to the voters at the No¬ fire building and apparatus bonds. must accompany bid.. \ TT:"*; vember 5 election, as the Certifi¬ Dated Oct. 1, 1946. Denom. $1,000. cate of Notice has not been-re¬ South Euclid, O/ho^: These bonds are due $1,000 Oct. 1, ceived Bond Tenders Invited — Lesterby the County Election 1948 to 1967. Bidders may bid for Askue, City Auditor, will re¬ Board. Therefore this matter'will a different rate of interest in a ceive sealed bids until noon on be delayed until next year, Enclose a multiple of V4 of 1%. certified check for $200,; payable Nov. 2*5, -for the purchase by the Westlake, Ohio City of refunding bonds, dated to the Board of Trustees. Bond Election—An issue of $16,'.'4" ' '*'* '"'I'iii* :r,'~ '*!"• July 1, 1938, and maturing July 1, Keene Local Sch. Dist., Ohio 1968. The amount on hand is 000 memorial park construction • $250,000 Patterson, City Clerk, has an¬ nounced that the City Council formally authorized the issuance of Etna, Pa. Election—An B«nd J. will Clerk, Township' Nov. Clairton, Pa. Bond for Approval— Not Up at the sewer, and of the par value of 1957. ferent rate of interest general election in November.v; the voters to 5 election* Enclose a — cer¬ check fotf*$S04, payable to the Board of Stark County Com¬ , - . tion. Montgomery Local Sch. Dist., Ohio Election Bond ; $50,006 An — gymnasium : ./construction bonds - issue of auditorium will be sub- /vjnitted to the voters at the genera k 'election, : >y•'0:.. * 'y-f. ; Sale — The to the at voters the general election. Election Bond $530 in 1959. — issue An on construction and heating bonds will be submitted 5 elec¬ Election Bond Oct. 15, Bond issue An awarded Ryan, Sutherland & Co., of •Toledo. Dated Oct. 1, 1946.Denom ,$1,000. These bonds are due 1: $2,000 from Oct. 1, 1948 to 1962 "Interest payable A-O. The next -•highest bidder was J. A. White & Co. Randolph V 1 Sch. construction 'submitted ; issue Rural for the Sch. erection Dist., Ohio to the bonds, will votlls Nov. 5 election. at of a me^ morial submitted of be'held Perry, - Nov. 5 Nov. on 19. C. H., Ohio Marie Melvin be City Auditor, will receive sealed bids until noon on Nov, 16, for the the purchase of $33,500 fire apparatus equipment and building bonds, to at voters of the Bonds Sold—It is that the now reported bonds following $199,000, without success 000,000 aggre¬ offered for on Sept. school . 24—v / :> .'■ - SOUTH sewer was on ' the until of $2,im¬ approved at 11 will purchase Voted | sewage An issue disposal of systeip bonds carried at the election held on Oct. 15. sealed Nov. 8 for of $200,000 water works improvement bonds, not exceeding 4% interest. Dated Sept. 1, 1946. Denom. $1,000. bonds due are $7,000 in Sept. 1947 1, as to 1949, $8,000 in 1950 to 1953, $9,000 in 1954 to 1957, $10,000 in 1958 to 1960, $11,000 in 1961 to 1964, $12,in 1967. DAKOTA — on , 000 in 1965 and 1966, and Oct. 22. _ $100,000 Mahler, receive a.m. proving $13,000 Rate of interest to be in multiples of V\ main bonds. , bids follows: and Offering—L. K. CityClerk, These / Canton, S. D. Bonds V Due $2,500 in 1950 to 1965, and $2,000 in 1966. $42,000 addition provement bonds the election held sale al Bank & Trust Co. of Oklahoma City: CAROLINA/ ! Cookeville, Tenn. Bond election. Bonds Voted—An issue 164, p. 1923—were purchased subsequently by the First Nation¬ — the Columbia, S. C. voters at the Nov. 5 election. Offering to SOUTH Okla. gating Bond issue An — / Dis. Pa. be submitted to the voters at the gymnasium, to amount to $124,808, will be submitted to the Washington, Local Bond Election—An issue of $70,~ 000- Dist., Ohio Bond Election—A levy or bond Union York), Election 26—v. 164, p. 2066—were to O. $66,000 construction bonds will be $987,000 improvement bonds will election to tion. — Township Sch. (P. Okmulgee, Okla. of Windsor :l authorized at were Ohio voters at the Nov. to the to 1958 and These bonds the election held Tuscarawas Local Sch. DUt., system $30,000 city hall bonds offered for sale on Oct • submitted $90,000 Newcomerstown, Ohio ^ Bond $85,000 construction bonds will be of 1%. opinion The ap¬ of Chapman Se Cutler, of Chicago, will be fur¬ nished bonds the are purchaser. part of a These $400,000 issue. ; 2332 THE COMMERCIAL & FINANCIAL CHRONICLE Livingston, ^ Bond Town Call — Recorderj Edinburg, Texas $266,000 Tenn. T. Bond Windham, announced has Oct. 24 First Southwest Co., C. F. Childs & Co., Thomas & Co., William Nr — 1,64,- p/ 1775 v. R. awarded to & Trust • such bonds with of and Livingston, Co., —were Underwood & A. Edinburg, presentation and surrender upon Dec, subsequent coupons Bond 1, 1946, attached Offering City Brown, Texas — bids until Noble 2:30 re^ p.m. Nov. 21 for the purchase of $80,000 water revenue bonds. Dated Sept. 15, 1946. These bonds are due on Sept. 15, as follows: $2,000 in 1951 to 1955, $3,000 in 1956 to I960.'$5,000 in 1961 to 1965, and $6,000 in 1966 to 1970. These bonds are part of a total on TEXAS Alvin Sch. Dist. (P. O. Alvin), Edwards ;' & Shelton Co.,; and ' Lockett, Co., jointly, for $173,- & 6% interest, payable semi¬ annually. Dated Dec. 10, 1946. Denom. $500. These bonds shall run over united states Federal period of 20 years. Principal ar.d intefGst. pay able at the County Treasurer's office, Housing Authority Issues Awaraed—Of ( unit notes offered for sale the fiscal New the housing 5% is required. j 164, p. 1924—a' total of $36,309,000 were awarded to a large syndicate headed by the Chemical & Trust Co. of New York, the National City Bank, the Bank¬ Trust ers Co., both of New York; Bills Sold—An issue of or 000 amount bid ' ' ' 24, bills at bills an a price of par—v. 164, 2067—were sold to the Davis Trust Co., Citizens National Bank, and the Tygarts Valley National sold on yield of was ' 1 * !\ 24, 1947. ::'k alberta cently at ^' 4 $75,000, average due Jan. are virginia Bond Sale Details—The $28,000 control bonds awarded re¬ ; 0.396%. Dated Oct. 25, 1946. These ■ Alberta (Province of) Bondholders Accepting Refund* flood p. treasury Oct. certified Elkins, W. Va. v. Bank A of the west Oct. 29— on 1946 Canada (Dominion of) of the State agency York City. check for Public Note . 4, CANADA a at 2%s, and $106,000 2V2s. Monday, November ing in 000 $39,247,000 7 local „ Ruth Secretary,1 will sealed ceive thereto. payable M-N. The nfe'xt highest bidder was the interest, 4% refunding bonds Co,,' of Dallas, and the Ransonamounting to $47,500, dated Dec. Davidson Co., jointly, as 5s, for 1, 1940, in the denomination of the first 2 years, and 3y4s, there¬ $500, and maturing Dec, 1, 1949 after. Dated Oct. 1, 1946, Denom. to 1968. Bonds will be redeemed $1,000. These bonds are due seri¬ on the above date at the Union ally in not to exceed 35 years. Bank 10.,. Interest sewer bonds offered for Gctie On revenue that the ^bove Town calls for pay23S^nt on Dec. 1, at par and accrued Sept. Sale—The y.: ,, ing Plan—It announced was re¬ cently by J. F. Percival, Deputy1 Provincial Treasurer, that holders - of 98% of Alberta's bonds involved in the $113,253,000 refunding pro¬ De¬ National Trust Bank, all of Elkins, jointly. gram have signified their accep¬ noms. $100 and $500. These bonds Association, of San tance of the plan. The amount are due on July of $1,000,000 school bonds was 1, as follows: Francisco; National Bank of De¬ now outstanding is put at $2,426,submitted to the voters at jthe $100 in 1947 to 1951, $1,000 in 1952 troit; Union Trust Co., of Pitts¬ to 000, comprised of $482,000 ma¬ authorized issue of $480,000. election held on 1963, $1,500 in .1964 to 1973, and The, Nov.'2,y^||^J->/:fK;' tured and $1,944,000 burgh; Brown Brothers Harriman unmatured purchaser will be furnished the $500 in 1974. ' ' ' & Co., New York Trust Co., both bonds. Axle Indep. Sch. Dist., Texas printed bonds, copy of proceed¬ of New York; Northern Trust Co., South Charleston, W. Va, Bond Under the Province's refunding, Legality Approved—An ings, the approving opinion of of Chicago; National City Bank, Bond Election An issue of offer, provision was made for casl>. issue of $100,000 series of 1946, W. P. Dumas, of Dallas, and the of ; Cleveland; school house bonds has been ap¬ bonds will be First National $18,500 site purchase and recrea¬ redemption of matured bonds, in¬ delivered to the tion building bonds, to bear not cluding an adjustment of interest, proved as to legality by Dumas & Capital National ' Bank, Austin^ Bank, of St. Louis; First National Bank, of Boston; Riggs National exceeding 3% : interest, will be from June 1,1936. Holders of un¬ Huguenin, of Dallas. These bonds without cost to the purchaser. submitted to the voters at the matured bonds receive a cash ad-; are dated Sept. 1, 1946. Bank, of Washington, D. C.; First Hutchins, Texas 5 election. National Bank, of Portland, and Nov. Denomination justment, and a new bond bearing Bishop Indep. Sch. Dist., Texas i Bonds Voted—An issue of $20,;<:.y many banks in other cities. These $1,000, one for $500. These bonds 3y2% interest. ; Bonds Sold — The. following 000 improvement bonds was ap¬ Before the refunding plan was note issues are as follows: New¬ are due Jan. 1, as follows: $1,000 Bonds totaling $150,000 were pur¬ proved at the election held on port News Housing Authority, Va., in 1949 to 1965, and $1,500 in 1966. brought into operation, the Prov¬ chased recently by Rauscher, Oct. ince had set aside in a coupon 15.4V;-^J;J $3,773,000 Oakland Housing Au¬ Pierce & Co., of San Antonio: wisconsin account, approximately $5,000,000Hutchinson County (P. O. thority, Calif., $1,538,000 Ports¬ for the payment of interest at half, $75,000 1% % school house bonds, mouth Redevelopment and Hous¬ Ashland, Wis. Stinnett), Texas the original coupon rate. i SinceDug $15,000 on Nov. 1 in 1947 Bond Election An issue of Authority, Bond Offering—Norman Coffee, ing Va., $4,618,000 the refunding plan became oper¬ to 1951. Prdvidence Housing Authority, R. $300,000 memorial building bonds County Judge, will receive sealed ative, a large part of this fund has; will be submitted to the voters at 75,000 2% school house bonds. bids until 10 a.m. on Nov. 11, for L, notes, at .82%, and $392,000 been paid out to bondholders, un¬ : Due $15,000 on Nov. 1, in 1952 the general election in November. the purchase of $250,000 airport Rock Island County Housing Au¬ der the refunding plan. .to 1956. bonds, to bear not execeeding thority, 111,, notes, at .86%,. ' Amery, Wis.? The Bessemer Trust Co,* of Jer¬ /• '*■ Dated Nov. 1, 1946. Denomina¬ 2%% interest. Dated Nov. 15,1946. british columbia Bond Offering — F. A. Syl¬ tion $1,000. Principal and interest Denom. $1,000. These bonds are sey City, was the successful bid¬ vester, City Clerk, will receive Vancouver, B. C. (M-N) payable at the First State due $25,000 from Nov. 15, 1947 to der for the $810,000 Corpus Chrissealed bids until 7:30 p.m. on Debentures Sold—The $4,750,These are the bonds au¬ ti Housing Authority, Tex., $303,Bank, of Bishop. These bonds 1956. Nov. 6 for the purchase of $40,000 000 2y2, 2% and 3% improvement thorized at the election held on 000 Fort Wayne were voted at the election held on Housing Author¬ memorial building bonds, not ex¬ debentures offered on Oct. 28, Oct. 12. Principal and interest ity, Ind., $424,000 Kern County Legality approved by Aug. 12. ceeding 3 % interest. Dated Dec. 1, were awarded to a syndicateGibson, Gibson & Boothman of (M-N) payable at the State Treas¬ Housing Authority, Cal., $557,000 1946. Denomination $1,000. These composed of Fairclough & Co.,. urer's office. A certified check Austin. Madison Housing Authority, 111., bonds are due Dec. 1, as follows: Dominion Bank, Imperial Bank for 2% of the amount bid is re¬ and $649,000, Fourteenth Series, $1,000 in 1947 to Brownwood, Texas 1951, $2,000 in of Canada, Cochran, Murray &. quired. -• Newport News Housing Authori¬ ; Bonds Sold^—An issue of $200,1952 to 1958, and $3,000 in 1959 Co., Burns Bros. & Denton, all of ty, Va., notes, at .82%, all plus '■" Ko untze, Texas 090 storm sewer bonds authorized to 1965. Principal and interest Toronto, Pemberton & Son, of small premiums. ■ at the election held on Oct. 1, Bonds Voted An issue of payable at the City Treasurer's Vancouver, Nesbitt, Thomsen &. The Valley National Bank, of office. The City will furnish the -was purchased recently by a syn¬ $150,000 water and sewer bonds Co., of Montreal, Western City. dicate composed of Russ & Co., of was favorably voted at an elec¬ Phoenix, was the successful bid¬ printed bonds and the approving Co., of Vancouver, McTaggart, der for the $195,000 Glendale opinion of San Antonio, Emerson, Roche & tion held recently.* Dorsey, Colman, Hannaford, Birks & Gordon, of' Housing Authority, v Ariz.," notes, Co., of Austin, and William N. Ed¬ Barker, Scott & Barber, of Min¬ Montreal, Tanner & Co., of Cal¬ at .69%, plus a premium of ::77 Meridian, Texas^ $6.00. neapolis. Enclose a certified wards & Co., of Fort Worth. gary, Bankers Bond Corp., and' Bonds Offered to Public—The check for 2% of the par value of Anderson & UTAH Co.., both of Toronto,, Crosbyton, Texas following revenue bonds aggre¬ the bonds. at a price of 99.938, a net inter¬ : / Bonds Voted—An issue of $85,- gating $40,000 are being offered Ogden, Utah est cost of 2.96%, for 2y2,. 23/4s •„ 000 electric light system bonds for general investment by R. A. Bonds Defeated—The City Re¬ Buffalo County (P. O. Alma), Wis. and 3s. These debentures are duewas approved at the election held Underwood & Co., of Dallas: corder has Bond Sale—The $950,000 series announced that the on Nov. 15, in 1947 to 1971. Theon Oct. 15. ■'■'v \V7-'.7 ..'V. v $5,000 3% water works bonds. Due $1,025,000 bond issues were de¬ F, highway improvement coupon next highest bidder was A. E,. Texas Election Bond Held—An issue Bank & America of Savings — ; • " . — , , y . . . 1 , — , - . * 000 construction bonds was Co., of Amarillo, at •par, net interest a 2.79%. ized cost of These bonds were the- election at price of a about author¬ held from Nov. 1, 1948 to 1957. • • 35,000 3V2% water works bonds. Due Nov. 1, as follows: $5,000 in 1958 and 1959, $1,000 in 1960, $2,000 in 1961 to 1966, and $3,000 in 1967 to 1973. : pur¬ chased recently by H. L. Schaffer & $500 :-v Dalhart School District, Texas Bonds Sold—An issue of $100,- on Sept. 5. 1 Dated Nov. 1, Election An — issue of Bank, authorized bonds, election held stitute valid the at Oct. 15,1946, con¬ and legally binding on $250,000 road bonds will be sub¬ obligations of the City. Legality approved by McCall, mitted to the voters at the Nov. 5 Parkhurst & ' , , OF BANKRUPTCY HEARING Davenport, Oklahoma, Paving: District 1 is hereby given that the To*n Notice 2V4% of •ajavenport, Oklahoma, a municipal corporation, in its capacity as taxihg agency and governing authority for unincorporated paving district 1 *>f said town, has filed a petition in the Dis¬ trict Court for the Western Pederal Court of the State of District of the Oklahoma, Case under the provisions of the (11 USCA 401-404, inclusive) «306—Bankruptcy, Act, PLAN a of delinquent property within said district pay their assessments without penalty and interest after delinquency, and which also era Uto pro- for allowance an of attorney fees and paid from the 'inning fund. It being judicially determined by -*his court that said petition has been properly "court costs in this action to be "filed. NOW, THEREFORE, all creditors, bond own¬ ers, property owners, or other interested parties fire hereby formally notified that a hearing -will be held upon said petition In the District of the above court, on the 6th January, 1947, at the hour of 10:00 A. M., at which time and place ob-.-fections to such proposed plan of composition will be heard, and rulings made thereon. Such objections shall be in writing and must be '•filed at least Ten (10) days prior to the bearing. Court "day room of .©'clock All bondholders tile their consent .'<©n 7 or before I S 'i. j consenting to the plan shall with the Clerk of the Court the date fixed for the hearing. — approved by a wide the election held margin City Offering Comptroller, sealed bids until ^ Bond was receive Dec. 18 on These bonds at a . are dated Sept. 1, Sweetwater, -Texas hospital and street bonds offered sale on price Denom. ■ Bond Sale—The $279,000 water, for bonds offered for sale Oct. 28—v. 164, p. 1924—were awarded to Rauscher, Pierce & Co., of interest cost of Dallas, at a net 2.37%, for $48,000 maturing Nov* 1, $2,000 in 1947 to 1956, $4,000 in 1957 to 1959, $8,000 in 1960 and 1961, as 2s, $84,000 maturing Nov. 1, $22,000 in 1962, $31,000 in 1963 and 1964, as 2^4s, and $147,000 matur¬ ing Nov.-1, $41,000 in 1965 and $53,000 in 1966 and 1967, as 2V2s. Bonds maturing in 1957 to 1967 are optional for redemption on Nov. 1, 1956. These bonds were on due on of 100.555, $1,000. $5,000 and & 101.51, as 1.70s, basis of a These bonds Oct. 1, a 1.60s, net 1949 to 1968. was Scott, at a Milwaukee County (P. O. Milwaukee), Wis. . port bonds offered for sale the First Wisconsin cost of a price of Offering—Minnie to 1947 Swish¬ County Treasurer, will receive M-S. fer on Oct. as are 1951. due March 1, 100.007 for was 0.80% in payable an of¬ bonds, $48,500 school bonds, to bear not exceed-* price of 99.80, offer bonds,--. of 100.133 i for Halsey, 0.875% ]■ to or* the- de a Nicolet, at a net interest cost, of 2.902%, for $38,700 maturing 1947 to 1956, as 2V2s, $51,800maturing in 1957 to 1966, as 2%s,. and $69,500 maturing in 1967 to« as The next 3s. Dated Sept. 1, 1946* highest bidder was Oscar Dube & Co., and J. E. La- flamme, Ltd., jointly, for 23/4s and: 3s, at a price of 99.56. St. works sale Fulgence, Que. j $55,000 water Sale—The Bond system recently, bonds offered for awarded to were composed syndicate of La a Cor¬ poration de Prets de Quebec, Os¬ Dube 3y2s, at was awarded were Poulair Caisse while an of 21, flamme, highest re¬ funding bonds offered for sale car Stuart & Co., and associates, with purchase Sale the Northern Trust Co. of Chicago, 15, the ; Nicolet, Que. — The $160,000 Bond submitted by a group headed by third - Quebec 0.70s, at Interest Second best bid of National sealed bids until 10 a.m. on Nov. for - 1976, Dated Nov. 1, 1946. par. These bonds Grays Harbor County, Elma Sch. Dist. No. 118 (P. O. Montesano), Wash. \ v. 28—v. 164, p. 2067—were awarded to toba. in Sale—The" $2,400,000 air¬ Bank, of Milwaukee, interest the 1.25%, according to maturity. of washington er, reoffered tion at prices to yield from 0.80% Bond Manitoba Treasurer, is calling for payment as of Dec. 31, at the Imperial Ban!? of Canada, Winnipeg," all out¬ standing debentures of the above rural municipality, issued under Order No. 249/43 of the Municipal and Public Utility Board of ManU ; above bonds for general subscrip¬ * Kildonan, First Boston Corpora¬ purchasers - price of 99.16. Debentures Called—It is stateclthat A. Macauley, - Secretary- Oct. The to North third in the bidding, of¬ was a Chicago, and associ¬ price 1.69%. Bond The tion are Mason,*for $15,000 6s, $85,000 ates. Dated Oct. 1, 1946. The next highest bidder Horner Oct. 30 ,1924—were awarded about 1.655%. Trust Co. of Bonds Offered for Investment— Sale—The $100,000 water p. bid bonds, submitted by the Northern Va. These ' due Interest best fering 100.51 for iy2s. Halsey, Stuart & Co., . are Second offer of 100.808 for 1.40% an years. South Hill, 164, May 1, in 1952 to 1965. M-N. Co., at 4,manitoba wt:" i? the of National Bank of Chicago, Halsey, Stuart & Co., Milwaukee Co., of Milwaukee, and J. M. Dain & Co., of Minneapolis, as iy4s, at payable to , ; for the purchase of $2,560,000 gen¬ eral improvement bonds. Dated Jan. 1, 1947. composed price of 100.536, a basis of about Dated Nov. 1, 1946. De¬ nom. $1,000. These bonds are due ^ Ames & awarded First J. M. Miller, noon Oct. 29 on 2067—were -syndicate a will — p. 1.20%* Richmond, Va. Bond 164, a virginia —v. bonds at recently. 2y2%, electric refunding bonds has "been approved as to legality by Dumas & Huguenin, of Dallas. ; bonds offered for sale —v. Riverdale, Utah An 1946, light {Signed) EDGAR S.: VAUGHT, .Judge: authorized at the election held / revenue 1946. on , Bonds Voted—An issue of $180,water installation bonds was 7/ and plant OF COMPOSITION Is pro¬ posed which substantially provides for all bond owners in said paving district to waive and "forgive all accumulated interest upon their .respective obligations after maturity, (reserving lhe right to collect interest coupons in full), and which further permits the respective own- , 000 serially in 1 to 20 Texas Bond Legality Approved issue of $21,500 series of ADVERTISEMENT NOTICE Crowe, of Dallas. Spur, held " to Dallas. special election. election - 1946. National These the at Sept. 27. . Bond rides feated Denoms. $1,000 and $500. Principal and in¬ terest (M-N) payable at the Mer¬ cantile Denton County (P. O. Denton), Texas Cfcandler "Wherein. . & Ltd., a Co., and price of 97.77, terest cost of 3.67%. 1, 1946. J. E. La- all of Quebec, These bonds 1947 to 1976, * i a as net in¬ Dated Nov* are due ia