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1
i
1948
NOV 8
'
ADM.
LIBRARY
BUS.
'
■
(;
MONDAY
Reg. U. S. Pat. Office
Volume 168
New
Number 4749
General
RAILROAD
Total
1948
income
General
Taxes—other
$901,495
182,507
166,986
—■
than
income
taxes—
16,307
18,738
9,170
67,515
39,000
29,000
50,000
Interest
Provision
lor
Federal
Provision
lor
contingencies.
♦Net
income
Dividends
(excl.
gain
:
loss
or
$7387494
invests.)
on
paid
♦Surplus
•Before
In
tax
income
period
for
net
$569,256
369,297
363,200
gain
$199,959
$375,294
investments*of $424,423 in 1948 and
on
$3,752,778
1947.
COMPARATIVE
BALANCE
ASSETS—
Cash
•U.
i.
S.
Govt,
obligations at
receivable
Amount
Other current
^Invests,
for
Total
Dec. 31,'47
$2,796,045
6,152,550
sold—not
dellv.
61,106
100,169
80,555
at value
32,239,323
32,935.687
receivables——
"$39,966,988 $42,714^588
—
LIABILITIES—
Amount
Other
payable for securs.
payables and
Collateral
SNet
rec'd
purc'n.—not
accruals
$92,889
137,550
98.190
4%
Trust
bonds, due March
99.644
1,375,500
1948
1,
assets
39,696,719
•Cost
value
$6,903,765
911,440
these
of
Dec.
on
Sept.
on
41.097,036
$39,966,988
Total
$42,714,588
securities
31,
was $6,153,470 on Sept, 30,
JCost value of these securities
1947.
30,
and
1948
$26,272,233
Dec.
The
be
168,
1,477,187 shares
"
737,
p.
$26,
31,
Sept. 30, 1948 equal to $27.64 per share on
ing and on Dec. 31, 1947 equal to $27.82 per share on
outstanding.—V.
proceeds
;
Increased for 1949—
The
directors
policies in
have
;
dividends
voted
in
ordinary
for
1949
participating department under a new dividend
dividends
payable in
1949, the
new
dividend scale
an
appropr;atjon of $2,609,540 out of earnings.
This amount
higher than would have been required under the oid dividend
The
in
increase
The rate of
proceeds
of
same
The
policies
left
to be
last
as
fame
results largely
interest to be allowed in the
due in 1949 and
(the
dividends
allowed
the
scale.
on
from
dividend
except where
interest of 2%%
is 11%
scale.
FOR
Net Income after
163,
res,
1246.
p.
issue,
with
together
and
the planned sale.—V.
18 on
for
ail
payments
accumulations will
will
be
ticipating department on funds held by the
higher rate is guaranteed.—V. 167, p. 937.
165,
p.
THE
;
SEPT.
/
Nov.
on
declared
1
dividend
a
of
like
amount
paid
was
and
3
Aug.
Feb.
on
31.—V.
168,
iollowed
11,
1138.
p.
12 V2
22,
by
cents
12Vz
cents
initial
falling
be 2%%
is
paid
guaranteed.
in
rate
the
company
non-par¬
except
where
a
The
corporation
to
elected
stock
The
received
all,
Gains
The
prior
or
others
nate,
of
Nine Months Ended Sept.
Net
before income
income
Provision
income
payments
made
20
year,
from
this
each;
at
Oct.
8,
cents
12
cents
1948
$3.90.
was
r
30—
taxes
'
,
1948
security
from ordinary
profits.—V. 167,
dividend
income
and
Air Products, Inc.—Licenses English Firm—
corporation on Nov. 4
Gyroscope Co., Ltd. (London),
announced
am
1947
897,351
with
Sperry
subsidiary of The Sperry Corp., under
the English company
is licensed to manufacture high purity
and nitrogen generators of Air Products' type in the British
Under
the
agreement
Sperry also has been
given exclusive
which
oxygen
Isles.
a
selling rights for Air Products equipment in the British Commonwealth
of
Nations, except Canada and South " Africa, and in Sweden and
Switzerland.
.;
Air Products will supply engineering information and data
to enable
Sperry, Ltd. to produce the generators and will train Sperry employees
at
Air Products' headquarters in Allentown,
Pa., in its'production
methods.:
A
1
.
substantial
made
and
received
it
down
is
payment
expected
in dollars—V.
that
168,
p.
In
American
further
dollars
royalties
has
and
already
been
payments will be
1793.
per
Total
share
common
,
$1.31
installment notes( receivable outstanding at
to $43,755,154, an increase of 33% , over
Sept. 30, 1948,
the $32,836,489
* • - ••
amounted
at Sept. 30,
loan
volume
for
■
the
as compared with the
period in 1947.-.-V, 168, p. 1794.
American
-v
•Net
than
for
,
net
$1,271,797 in
■'
amounted
during
Gross
from
income
taxes
*
Net
from
Net
ry.
1947
1946
1945
$1,614,850
$1,423,308
$1,201,536
$1,242,375
railway——.
476,117
323.487
188,744
275,610
income-
274,637
159,880
78,420
93,442
railway—
oper.
From Jan. 1—
Gross
from
Net
from
Net
ry.
—V,.
railway—.
railway——.
oper.
168,
p.
income—
-
._
._
13,706,759
11,961,806
10,632,281
3,734,302
2,486,488
1,199,969
1,361,135
350,075
106,836
gain
on
$319,556
investments
of
$341,571
/':,-;//
These
by
in
1948
Supply
Slock and Bond
Salt Lake City 1
IN
compared
Polaroid
with
the
Division,
Glass
Sun
six-base
a
Sun
new
"Possessing
Glasses
Curved
prior to the
company
last
Polaroid
six-base
fair
are
Polaroid
traded
Glasses
Sun
$6.95.—V.
at
war
American Power & Light
and
this
of
ended
kwh.,
167, p.
Oct.
28,
amounted
company
547,000
—V.
week
the
For
9.33%,
or
1794.
curve
168, p.
at
$2.95
introduced
1246.
Co.—Weekly Input—
the System
1948,
to
:
of subsidiaries
increase
an
corresponding
the
over
inputs
kwh.,
240,665.000
■.
Radiator
directors on Oct.
week
of
last
of
20,year.
-/l;'
/•
Standard
&
Sanitary Corp.—Spe¬
28
declared
special dividend of 50 cents per
a
the regular quarterly dividend of 25 cents per share on the
stock, both payable Dec. 24 to holders of record Dec. 1, 1948.
A special of 10 cents was paid on Sept. 24, last.
With the dividends
payable on Dec. 24, 1948, payments on the common stock this year will
amount
New York
New
Stock
York
Stock
(Stocks)
(Bonds)
Cleveland
Detroit
Stock
Stock
34
34
35
Exchange
—35
Exchange
St. Louis Stock Exchange
Stock
Stock
Montreal
Curb
Stock
Stock
Income
before
taxes
for
Res.
Net
gen'l
112,000
36
36
...
—38
with
of
A
be
long
placed
this
year
the
for
to
amounted to $152,period
same
$79,700,000
last
as
year.
compared
of June 30 this year.
as
as
of Sept. 30,
1948, were $58,830,000 as compared
30, 1948.—V. 168, p. 838.
Telephone
department
—42
Philadelphia, through Pittsburgh,
distance telephone circuits along
opened
In
for
the
1»
•\ ''
•
•.*;*
• •
long-distance
announced
which
facilities
additional
transmission
engineers
segment
Clearings
Payable—
will
of
of
cable,
company's
cable
and
lines
long
from
extends
adds
long¬
many
1949, this new cable will also furnish
needed
television
the
460-mile
Bell
is
to
System
opened
adapt
still
being
transmission
using
special
East
intercity
Coast
Midwest television links.
new coaxial cable for
the
installed.
Bell System
reception for each
and
testing
methods
to
assure
St. Louis Listed and Unlisted Securities
44
....44
—
System
The
to Cleveland
this route.
recently
television
new
service,
4.
connect
its
equipment
test
the
will
with
Edward D. Jones & Co.
Statement of Federal
Statement of Member
Nov.
43
Rates
Banks
telephone
on
early part of January,
channels
the
■
Miscellaneous Features
,
distance coaxial telephone cable, the first of its type to
in service between the East and the Midwest, was just
The
and
Telegraph Co.—Opens Phila¬
&
—41
television
.
of
amounted
—39
Markets.—
Reserve
months
1
j
the
Sales
1,000,000
$3,366,700 $10,461,600 $11,257,600
$3.45
$10.00
$11.65
$125,155,000
Oct.
Section
33
Federal
as
assets
American
24
Auction
7,520,000
delphia-Cleveland Coaxial Cable—
24
Reserve
first nine
compared
orders
as
Net current
—38
Exchange
Exchange
8,258,000
3,000,000
$2,503,000
$2.31
with $59,537,000 as of June
—,
Exchange—Curb
Dividends Declared
2,070,000
1,000,000
share
the
with $61,600,000
—37
Exchange
Bank
$5,436,700 $21,719,600 $19,777,600
36
Exchange
for
Unfilled
Transactions New York Curb Exchange
Stock and Bond Averages
Course of
$5,731,000
1,228,000
conting.
per com.
Net sales
Transactions New York Stock Exchange-
The
1948—9 Mos.—1947
1948—3 Mos.—1947
taxes—
—_j_
profit
Earns,
—35
——
Exchange.
Over-the-Counter
;v/
.y
Co.—Earnings—
Period End. Sept. 30—
Earnings
„_35
Exchange
Philadelphia Stock Exchange
Pittsburgh Stock Exchange
San Francisco
642.
34
Los Angeles Stock Exchange
Montreal
168, p.
American Woolen
29
Exchange——
Exchange
Exchange
Stock
v.
—25
Chicago Stock Exchange
Cincinnati
$1.50 per share, compared with $1 per share during 1947.
quarterly dividend of $1.75 per share on the preferred stock
declared, payable Dec. 1 to holders of record Nov. 24, 1948.—
also
13
Exchange
Curb
Stock
to
The usual
was
Established
44
300 North 4th
Banks of
1871
St., St. Louis 2, Missouri
Members
44
New
44
St.
York
Louis
Stock
Exchange
Phone
Stock
Exchange
CEntral 7600
Chicago Bd. of Trade
York Curb Exchange Associate
Chicago Stock Exch.
UTAH
the
of
company's
as
the
share and
Quotations
New York Stock Exchange
Condition
1899
HOUSE
trade
'/y1'; ''■'= '■
General Corporation & Investment News.Cover
State and City Bond Offerings
...51
SU 464
Mariagef
Sales
the
described: them
six-base
new
as
the
The
1,220,238
EDWARD L. BURTON & COMPANY
OLDEST INVESTMENT
fHe
common
Combined Condition
System Teletype
'■:
additional
providing for
an
Optical Co.—Introduces New Product—
Huttemeyer,
Glasses.
/retail
15,721
$347,777
1947.
Foreign
Bell
'
14,024
//
Redemption Calls and Sinking Fund Notices. .44
Established
'■
from
plastic lens for blocking reflected glare, marking the first sensational
development in Polaroid Suns,Glasses since they entered
the
market in 1938."
The company has' added a special coat of scratch
resistant
plastic to the lens to improve
the surface and help to
reduce the susceptibility to scratches inherent in many plastics.
15,000
5,376,521
1,992,865
Specializing in
J
•
•
In This Issue
1357.
160 S. Main Street
i'
16S,
y '
new
1947
$471,136
15,508,780
Mountain Fuel
Aug.
week introduced to
Sun
to
———-,'4;;;:':.; 16,500
tax—.;
F.
H.
r.,;
same
113,229
11,680
—
realized
the
$489,185
.
—
income
Toronto
RR.—Earnings—
1948
-
"''./"'.'.y
borrowed
28, 1947,
company
American
"%•'*•••••
,
,
loan
Federal
income
•Before
,.v
^v__—
bank
on
;
————-————
expenses
Provision
1948
International Corp.-~EarniRgs-r^
Sept. 30—
V; ;
' ' '
> ;
J
1948
income—
General
of
$45,434,522 loaned
Nine Months Ended
Total
/y
V;'
•
first nine months
1947.
$53,831,975
Toronto
Alabama Great Southern
September-
* /,;
'
$1,572,672
—$1.61
_
profit
Boston
agreement
1947.—V.
31,
V-/,.;.'. ■'
:
Net
Earnings
Baltimore
This
Dec.
outstanding
'/,y'Z':.
$1,800,000 under its agree¬
a revolving bank credit not
in excess of $18,000,000
up
to Sept. 2, 1949, and on Sept. 8 notes
outstanding totaled $15,300,000.
The proceeds was added to working
capital.—V. 168, p. 541.
'
t
—
$2,470,023
1,2£0,417
i_-_
Page
2681.
p.
1948 and
$3,300,000 on Sept. 30,
was
shares
1,000,000
on
dated
ment
$3,227,004
—•—
^
year were as follows:
Jan. 20, April 20
and Oct. 20, five cents;; all from ordinary
/./V;'
paid
was
realized
$18.70
738.
The
per
..
.
and
p.
/
taxes
$18,109,568 $18,753,272
,
these securities
of
18,707,532
American Locomotive Co.—Additional Borrowing
$1,976,587
for
1948.;
Stockholders
who
the special dividend in
with a cash adjustment for fractions.
The corporation shortly expects to desig¬
all, of the special dividend as a "Capital
the provision of the Internal Revenue Code.
share
——
———
value
4
-
$4,000,122 on Dec. 31, 1947.
tBook value of these securities was $11,844,626 on Sept. 30, 1948 and $10,397,446 on Dec. 31, 1947.
JEqual to
$18.17 per share on 991,300 capital shares outstanding Sept. 30, 194o
Illinois—Earnings—
shares
per
-
on
cash.
under
value
asset
cents
dividend
30,
take
to
—
;
$3,940
41,80l
$38,156
58,790
18,012,622
payable for securs. purch.—not rec'd—
payables and accruals——
Banks—
American Investment Co. of
$18,109,568 $18,753,272
————————
-
current
American
special
a
Sept.
1948
8.
13,607,055
———
cial Dividend—
substantially
Dividend"
Last
paid
record
Oct.
additional
and July 20, six cents
dividend income.
35
29
of
to
received
or
net
Other
Oct.
on
stockholders
on
72,628
13,995,362
value
of
each
74,685
.v.'--''.v;'-'-v
assets
♦Book
share,
per
An
-
Total
jl;"v/;',:'/
1948.
current
30,526
liabilities—
$641,530
C;'.-'"1;,;.'-'
.
at
3,999,445
delivered
—_———_—
sold—not
securs.
Total
Amount
1948
30,
for est. Fed. income tax—
for
value
current
receivables-
current
tNet
ENDED
MONTHS
9
and prov.
•
receiv.
at
Dec. 31,'47
$1,074,145
3,300,034
-
obligations
•(•Investments
1993.
Affiliated Fund, Inc.—Pay Special Dividend—
chare
Other
American Encaustic Tiling Co., Inc.—12 V2-Cent Div.—
The directors
Interest
on
Govt,
S.
Amount
treasury cash, would
short-term
loans.
A
of
repayment
payable Nov. 29 to stockholders of record Nov.
Taxes—other
improved mortality.
higher
a
requires
participating department
company
yeari
of
rate
with
the
V
payable
the
For
'
Other
Total
ers
from
construction
♦U.
Allied Products Corp.—Earnings—
outstanding
.
,
Co.—Dividends—To Policyhold¬
Aetna Life Insurance
r
for
asked
has
hearing will be held Nov.
—V.
Sept. 30,'48
$708,961
ASSETS—
company,
used
SHEET
BALANCE
COMPARATIVE
Pri¬
and *
1948
was
1947.
§On
1,435,800 shares outstand¬
on
Bonds
$4,859
79,189
contingencies
for
Sell
the SEC for permission to sell at par
$1,500,000
first
mortgage
3(4%
bonds,
due
1968.
The
company
wants to sell the bonds to Metropolitan Life Insurance Co. and Penn
Mutual Life Insurance Co.
The company is seeking exemption from
the
Commission's competitive
bidding rule in connection with the
proposed sale.
-V:
June
current
Reserve
To
—
6,902,302
value
securs.
Co.
MISCELLANEOUS
-
Cash
EARNINGS
Sept. 30,'48
$1,413,840
(oth. than U. S. Govt, oblig.)
The
SHEET
,/
ia:
„—
Gas
INSURANCE
-
vately—
1947
$985,478
expenses
INDUSTRIAL
-
Allentown-Bethlehem
Adams Express Co.—Earnings—
Nine Months Ended Sept. 30—
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
York, N. Y., Monday, November 8, 1948
New
Bell Teletype
SL 593
■
THE
(1898)
coast
television
the
and
The
"Notes payable—due within
River.
Accruals
,.
Accounts
stations
Mississippi
"
-
joint
Ohio
of
undertaking
Bell
Telephone
American
Telephone
Bell
the
Telephone
the
and
Co.
Long
Telegraph Co.—V.
&
Co. of Pennsylvania,
Lines Department
of
168,
Amra
Amra
the
Arma's
Navv.
Arthur
P.
letters
of
Amra
is
the
David
ahd
Arthur
the
ahd
of
space
excellence
founders
limited
not
was
their
to
which
made
Anna
in
leader
a
names.
field
in
which
In
the
of
it
world
has
these
war,
continued
as
term
of the
and
168,
p.
by American Bosch class B stock);
due
Interest
May 'l,
1%%
to
$2,000,000 Ameri¬
payable $500,000
1952,
May
1,
1949,
each
2V*%
and
May
fought
World
The
rthe
War
accumulated
with
instruments
in
which
the
II.
Fed.
tremendous
a
technical
advance
of
know-how
Arma
was
shares
Earns,
1946
1945
$7,601,356
$6,690,682
1,933,284
2,383,723
3,389,752
$3,223,300
715,550
$3,584,450
sh._
$4.11
$4.62
taxes
per
168,
common
."$4,211,604 "$1,955,958
715,550
715,550
715,550
$5.49
$2.37
'
V/V
'" ';-YY
338.'
p.
Net
engineering staff built up by Arma was utilized to the full
the war both for direct development work and for cooperation
with other suppliers.
Equally important were the quality production
techniques, existing in very few commercial organizations, which were
required for intricate machining and fabrication.
Arma
A
of
of Arma
precision:
individual
outstanding
more
listed below.
are
list
the
.
.
instruments
:
,
produced
ry.
$778,792
187,688
86,036
33,578
'■
From Jan. 1—
Gross
from
Net
by
—v.
168,
6,719,844
5,667,868
4,407,113
4,595,386
1,538,935
1,105,102
446,108
719,506
435,213
71,983
526,197
1357.
p.
/;'VY/!
/.//v
Sales
synchros and resolvers, stable elements, fuse setters, fire
equipment, guided missile controls, radio equipment, automatic
control equipment,'and many other "electro-mechanical brains" which
instantaneously solve equations involving many forms of higher mathe¬
1943—3 Mos—1947
5___„$9,230,351
1948—9 Mos.—1947
both
OPERATIONS—At
*
personnel
greatly
and
increased
the
From
demand
latter
operations
facilities
for
of
part
of
its
through
first
the
six
months
of
Emphasis
equipment—even
was
rapid
moie
today
cal advances and the military
While
out
Arma
is
rapid
the
to
due
obsolescence
widespread
of
because
of
requirement- to plan for
for
technologi¬
currently maintaining its engineering research
the
Production
volume
months
development.
than
more
In
orders,
research
for
be
may
graduate
backlog
'
continue
to
expected
instruments
new
mounting
$22,000,000.
addition
cial
as
The
military
mostly
of
in
hand
t-
:
orders/ Arma
sub-contract
a
organizations in
with¬
the
continues
nature,
country.
-J*
/
,
to
80/100
fir
stock
of
before
Dec.
to
execute
from- top
wararnt
each
on
31,
share
of
purchase warrant entitling
of
the company's
i$l
par)
1950.
7%
■
preferred
The
In
Dec.
received
total
stock
'
paid
$2.28
$1.44
the
on
.
was" $2.66 and
the
on
The
the $6
With
technical
and
,
9 Mos. End. Sept. 30—
Dividends,
interest
Operating
expenses
other
and
income
—
CORP.—On
OF
July
MAJORITY
30,
OF
STOCK
AMERICAN
Net
BOSCH
The
The
and
of
remaining
listed
differs
owned
American
the
on
from
1948,
Amra
American
1947
$828,314
96,508
$731,806
New
class
B
York
only
stock—156,762
Bosch
Stock
Exchange—is
requirement
the
in
shares
all
class
the
that
publicly
A,
latter
Amortization
wide
is
.is
search
for
for
seasoned
a
engaged
with
a
in
suitable
a
in
the
markets,
deal 'of
great
commercial
with
was
the
culmination
of
In
Surplus
counterpart.
American
and
manufacturing
ASSETS—Investments
increased
of
August
from
elected
were
the
seven
the
to
American
Bosch
Arma
and
board
to
nine
have
directors
of
members
American
assuring continuity
been
of
American
the
board.
Bosch
and
All
in
retained
their
eight
of
Bosch
Arma
the
733,100;
was
be
officers
present positions,
thus
of operations.
(Figures for Amra and Arma
Eosch
to
July
American
interest
Net
4,
Bosch
1948.
stock,
are
Effect
is
term
new
to
STATEMENT
June 20,
given
loan
to
of
1948,
the
Nine
and for American
purchase
$3,500,000
of
and
77.37%
six
income
Provision
!___
!_
other charges
before
Federal
Net
of
for Federal income
tax
Deduct
minority
:
___
interest
Ended
($100
par),
for
Bell
H.
(&
E.
1948
$4,913,735
$4.72
Sept. 30—
$1,595,311
income
Net
on
applicable
to
Amra
stockholders
presently outstanding pfd.
stock
$1,043,254
the
share
retroactively
effect
subsidiaries continued
said.
to
to
sale
the
operate at
profit, E. M. Morris, Chair¬
a
The principal one, Emmco insurance Co. and its subsidiary,
Insurance Co., showed consolidated net earnings of
Casualty
for
the
nine
outlook
The
for
the
effect
which
the
months
last
ended
quarter
reimposition
Sept.
30,
1948.
of the year is encouraging despite
of Regulation W may have in cur¬
With
the company's backlog of unearned discounts
earnings
plus
54,723
on.
incoming
business,
last quarter is expected to be greater
totaling nearly $12,000,000,
average
monthly income 'in the
than the average, in the first nine
applicable
CONDENSED
'
to
Amra
CONSOLIDATED
(Figures for Amra
common
stock__.
BALANCE
$0.68
SHEET,
SEPT.
and Arma are as at Sept. 12, 1948,
Bosch as at Aug. 29, 1948)
and
Accounts
equivalent
receivable
_
and for American
War
bonds
Other
$9,182,306
—^
(net)-,
2,230,043
and
claims
special deposits
—;
(per contra)
_',
from
from
l-y.
York
'
He
city,
Mr.
policies.
to
A
the
dent.
box
of. air¬
cars
contract
a
includes
Kraft
pickers
aircraft
and
until
$500,000
a
and
fuel
next
tank
April
or
contract
for
dish¬
contract
a
balers
hay
for
com¬
manufactured
1251.
p.
navigational
auxiliary
deliveries
Corp.,
168,
for
jettisonablc
in
_
the
by
♦
.
.
per¬
company's
been
appointed
C.
as
was
Moer.
charge
of
title
of
Man¬
Assistant
Vice-
..
for
all
retail
sales
Thomas
continue
is
educational,
of
the
and
the
capital
will
extra
be .re¬
professional,,
his
status-
.v
of
Sales
liaison
with
the
Training
Air
though
Forces
formerly stationed
was
and
retain
as
a
at
he-
Wright.
Lieutenant-
1948—3 Mos.—1947
$10,706 702
income tax.—V.
Oct.
on
2,115,089
$59,707,078'.
3,756,594
7,127,044,
168, pp. 938 and 739.
Associates—$1 Extra Div.—
declared
28
1948—9 Mos.—1947
$21,252,994 $40,525,835
extra
on
dividend
of
$1
regular quarterly dividend of 35 cents per share
both payable Dec. 1 to holders of record Nov.
stock,
similar
also
•
1,197,291
directors
share
Sales
religious,
Appliances, Inc.—Earnings—
_____________
profit
The
of
will
1794.
p.
"After Federal
He
Director
company's
Bendix Home
sales
;•
Ohio, where he
168,
Director
industrial,
company.
appointed
the
as
Dayton,
Colonel.—V.
distribution
1918.
p.
the
of
position
formerly General Sales Manager.
In his new capa¬
be developing and administering company sales-
Assistant Treasurer.
"Net
the
to
Schreyer has been appointed
M.
Field.
formerly held
company.
promoted
will
government
an
He
charge of the
Wagner, formerly Assistant General Sales Manager, Is appointedi
of Directcr of Public Relations, reporting to the Presi¬
./
■
.■
;
G.
P.
the
been
Vice-President in
a
position
:
'
made
was
on
Dec.
1,
last
per
on
the
19.
A.
167,
year.—V.
.
Black & Decker Manufacturing Co.—Loan Placed Pri¬
vately—The company has borrowed $3,000,000 from the
Life
York
Insurance
1, 1963, it
conducted
were
from
added
Co.
15-year
on
was announced
3 *4 %
Nov. 4.
notes;
Negotiations-
through Lehman Brothers. Proceeds
(Sidney)
Profit
are-
Deprec.
Net
Earns, per
Deprec.
3,425,792
railway
626,432
151,597
"18,229
and
3,028,715
413,303
2,992,584
288,926
7,180
132,655
i
4,019,347
917,985
225,901
equipment
trust
a
in
Nov. 1 asked authority of the ICC to issue $2,100,000 of
certificates.
The
application
said the proceeds will
electric lacomotivesi
$2,7.00,000-purchase of; 14 (New DiesqJ
168, p. 1794.'
and 100 steel box cars.—V.
4,728:
"$53,317
$340,804
$29,131
$0.20
Nil
$0.95
$0.08
share_r
p.
Net
Class
1948
956,510
2,000,828
47,023
37,590
35,644
335,811
...
485,156
783,168
992,111
$565,149
$778,585
$1,180,071
$862,209
94.583
94,583
$3.00
$3.63
$5.75
$4.08
200,000
200,000
200,000
200,000
$1.41
—
shares—
B
1,310,764
$2.17
$3.18
$2.38
55,549
shares—.
per
per
"Under
cl.
A
share
cl. B shar(L
the
NOTE—Net
1945
$2,586,785
.
1,889,964
&
taxes—
"Earns,
$2,840,771
94.583
inc.
profits
1946
$2,166,064
,
taxes_!__
foreign
1947
$1,858,190
depl.
depletion/.
and
profit
A
(& Subs.)—Earnings—
sales__
on
161,89&
2026.
Sept. 30—
Class
1357.
Bangor & Aroostook RR.—Equip. Trust Issue—
company
190,508
223,570
167,
income
and
"Earns,
The
56,082
Cr33,950
profit
"263,916
32,149
* >
61,145
bef. deprec.,
Fed.
and
$73,539
com.
"Loss.—V.
"66,450
—9 Months Ended—
(est.)64,707
__________
taxes
income
68,362
railway-,
plant
on
for
64.674
13,305
(& Subs.)—Earnings
Sept. 30. '47 Sept. 26, '48 Sept. 30, '4T
$199,391
"$31,185
$754,883
$195,754-
operations.
equipment
Prov.
excess
oper. income
"Deficit—V. 168, p.
Blumenthal & Co., Inc.
167,.
'. Sept. 26. '48
from
Profit
15,742
borrower's working capital.—V.
—3 Months Ended—
1945
$390,997
Y
the
to
Period—
1946
$373,930
ry.
—_!__ $19,773,894
on
Co.—V.
for
has
Moen
President.
1947
$356,170
income
be, used
Total
this division
A.
$382,392
railway-
from
Gross
Net
1
S.
several
customers,
Co.—Changes in Personnel—
has
Gross
From Jan. 1—
Net
718,702
v._
of
9 Mos. End.
1948
rdilwav-,
oper.
655,000
2,680,795
per
approxi¬
government orders.
currently Vice-President in charge of the
branch, has been
appointed Vice-President in
--
N
RR.—Earnings-
58,335
charges
—
/"
53,210
(net)________.
Property, plant and equipment (net)a—_
Deferred
Gross
Net
4,195,502
amortization
receivables
Goodwill
....
Atlanta & West Point
Net
Inventories
Accelerated
*
September—
12,',1948
ASSETS—
Cash
-
$809,504
1,185,700 shares—
out
is
models
Beechcrafts
'
Bon Ami Co.
months, he concluded.—V. 168, p. 1578.
income
Net
Earned per share on
transport
commercial
U.
any
special
Kitchen
cotton
of
completed
production
Harvester
executive
six
the Air Force
backlog of this division of Beechcraft may
be
not
the
L. Schimmel
E.
be
man,
$864,227
for period-.
is
said.
2570.
common
tailing somewhat the volume of retail auto sales, he pointed out.
Dividends
It
approximately
announcement
merchandising.
p.
All
179,027
labor.
total
Lindfors,
due Nov.
1947
$2,520,675
direct
the
place
of
turning
is
production
Howell
&
S.
New
$2,-
Subs.)—Earnings—
alone
contract
McNabb, President, on Oct. 28 announced the following
appointments in the company's merchandising division:
New
Co.
contract
new
modification
twin-engines
'
to
per
giving
$1,179,244
income
net
stock
this
new
for commercial
$1,240,000
a
"will
parts
International
-'$2.42
Emmco
Total
and
Non-aircraft
of 200,000 additional
common shares on
Oct. 14, 1947.
/
Y
The
gross
volume of receivables acquired during the nine months
ended Sept. 30, 1948, amounted to $454,636,666, an increase of 43%
over
receivables of $317,832,288 purchased in the like period of 1947.
628,300
.
preferred
first
earnings
*$1,671,554
tax
current
a
which
ponent
first
preferred^, stock (no par), $3,318,318;
stock (no par value), $983,650; class A
for
this
rate
these
plant
To the work
Navy.
lor
from subsidiary com¬
$95,667; cash in banks,
receivables,
consid¬
completely overhauled airplanes
completed,
inclusion
Wichita
units
due
$356,677;
$6,432; accrued interest,
for employees' benefit fund,
Earnings
months
76,243
income
patent
payable,
Months
"After
operating income
without
the
the
at
for
parts each month
washer
Net
$19,087,316;
less),
or
been
Berkshire Fine Spinning
cumulative
cumulative
Associates Investment
INCOME
thereon.)
Other income less
Net
OF
cost
1948
$229,258; accrued taxes,
$23,259; reserve
$60,000; surplus reserved
for
general "contingencies, $125,000;
capital surplus, $38,113; earned
surplus, $1,135,672; total, $21,063,575.—V. 166, p. 2094.
American
FORMA CONDENSED CONSOLIDATED
at
(stated
30,
SEPT.
to 64
seven-to-nine
backlog
$3,000,000
May.
$21,063,575.
$6.00
accounts
Springfield,
PRO
the
spare
added
$832,475
preference cumulative
cumulative stock (no par value), $1,368,466; common stock ($1 par),
$1,038,308; funded debt (less—held in treasury $973,000), $10,004,000;
directors
other
$161,924
678,418
$1,135,672
SHEET,
$4.00
Bosch, with their plants in Brooklyn, N. Y.,
Mass., are geographically within easy reach of each
other, thus facilitating cooperation between the two organizations.
and
total,
$971,718;
technique
LIABILITIES—7%
in
has
twin-engine
Dr7,866
rights, etc., $1; deferred charges,
panies, $552.198;: cost of royalty
involved.
Early
work
manufactured
astradomes.
73,379
$319,064
816,608
1948
schedules
27
1,250,000 man-hours of
reconversion contract will
this
all
Period End. Sep. 30—
line
design
30,
BALANCE
There
engineering
$235,303
80,423
I
Balance—September
Bosch
repuation.
that
and
sponsible
$399,487
!
1
debits
production
through next June,
now
when
addition,
and
—
increased
and
contract
44,514
46,043
been
approximately
being
now
will
both Arma and American Bosch are
of work—high precision products
yet
reacquired
dividends
a
excellent world-wide
an
general
same
stock
Bosch
42,159
expense.
debs,
on
period—
for
Surplus—Jan.
American
company
conflict
no
the
exp,
.!
preferred
Surplus
be
by American nationals.
bid
and
discount
&
451.989
which
must
Acquiring, a commercial precision business to complement the pre¬
dominantly military output of the operating subsidiary, Arma Corp.,
was
a
logical step in the expansion and diversification of Amra.
Its
successful
disct.
income
Net
First
held
debt
of
debt
Prem.,
—
has
also re-ports a sizable amount of work, ahead on com¬
military aircraft orders and on commercial non-aircraft
products contracts.
Current daily production rate of two
four-place Bonanzas a day continues to increase the
total number
produced £ince deliveries were started in the spring of 1947,
The
pre¬
108,476
debentures
on
backlog
company
J.
$916,883
429,194
taxes
earnings
Interest
acquired 535,882 shares of class B
Bosch Corp., comprising all of. the class B
stock and approximately 77%
of all the outstanding stock.
Held by
the Office of Alien Property since 1942, it was acquired
by Amra on
a
competitive bid basis' with an offer of. $11.28 per share.
stock
common
for
ager
$1,025,359
$0.51
Corp.—Gets Navy Contract—
company's international division.
1948
and
$442,055
diversified
P.
ACQUISITION
from
$6,000,000
W.
To
29,125
'
$0.98
production
preliminary
month
sonnel
Y
ACCOUNT
INCOME
COMPARATIVE
,
$471,180
50,396
,,;i.
'
share—
calling for delivoribs of from
on
.
commer¬
$766,332
—
corporation's
first,,
$6
Y-
Y
share
per
share
per
on
..
stock
7%
$1.68
share
per
273,122
579,748 shares outstanding
on
■
21 to holders of .record Nov. 21.
the $6; preferred st;ock $1.14 on
Yx, :
"v
and
$1.33
of
dividend
a
and
this year."*
1947,
ferred
declared
stock
payable
both
stock
June 30,
,
stock,
7%
directors
preferred
169,352
454,179
profits tax
excess
$715,936
V
.
inc. &
erably by the award of a United States Navy contract for the modifi¬
cation
and overhaul of 457 military twin-engine Beechcrafts,
it was
announced on Nov. 3 by Frank E. Hedrick, Vice-President.
|
Telegraph Co.—Distributions
Telephone &
the
1,
first
*
.
188,054
& Cndn.
-
"
\
$313,653
1794.
mates
SEC
a
share
a
purchase
With
186,172
$1,408,565
Beech Aircraft
month,
convertible pre¬
for sale to stock¬
and
$727,481
in 1948 and on 573,228 shares
1947 after .preferred dividend requirements.
Dividends paid in
the 1948 period: On 50,000 shares of preferred
stock, $150,000; on 579,748 shares of common stock, $431,551.—V. 168,
and
held.
issue
will
10,291,595
435,933
:___
per common
"Based
craft
stock
preferred
common
1947
489,976
$972,632'
profit
"Earnings
initially
offered
be
company
buy
stock
Nov.
On
electrical
defferentials,
$$3.40
340,000
statement with the
1948
$11,978,864 $11,509,052
outstanding in
cumulative
5VzeM.
par)
one
of
registration
a
will
of
shares
'/» '"•
Associated
the
.totals
now
holder
($10
stock
rate
3'/2
filed
1
'
•"
these Arma supplies devices
measurements,
electrical resolvers,
mechanical
induction motors and generators.
precise
$4.32
IRevised.—V. 168, p. 1794.
•
to
Jl,178,991
Underwriters are Leason
& Co., Inc., and First Securities Co. Proceeds will be used for working
capital.—V. 164, p. 2006.
growing in the
the process of
from
orders
of
The
purchased
common
now
ensuing
Nov.
shares
the
at
each
age.
,
-
stock.
preferred
many of the products developed during the last two
beginning to reach the manufacturing stages.
This fact
is reflected in a mounting number of employees which has increased
from a low of 875 in March of this year to a total of approximately
1.400 on Oct. 1 with prospects of 1,500 at an early date.
Of these,
over
400 are employed in the Engineering Division—more in this key
activity than in. the busiest days of the war.
>
are
$1.10
dividend requirements.
on
115,315
holders
military
supersonic
a
company
ferred
relaxation,
years
340,000
$1.59
'
corre¬
(& Subs.)—Earnings—
30—
Sept.
operations-
——
Beechcraft
preferred
covering
were
research
on
$22,944,003
1,494,312
340,000
Argus, Inc., Ann Arbor, Mich.—Registers With SEC—
The
this
primarily concerned with designing and develop¬
ing new instruments, with production of older instruments, manufac¬
tured in
quantity during the war, continuing at a lessening rate.
year,
340,000
"Earnings per com. sh._
products.
its
1946
381,206
,
i:
present- time, Arma is expanding
manufacturing division to meet a
the
$7,190,637 $28,709,919
549,142
Sept.
the
$21,000,000
*
.
charges
mercial
profit after taxes &
Charges'
Common shares outstdg.
"'After
CURRENT
/
ended
in
approximated
profit
anticipated
Net
control
.
Net
a
Apex Electrical Manufacturing Co.—Earnings—
•equipment,
$29,074,000
orders
738.
p.
months
y'
1,045,150
income—
Period End. Sept. 30—
gational compasses, precision electrical measurement instruments, radar
•
Unfilled
Minority interests in net profits of sub cbs
62,486
24,974
-V'.
railway.
oper.
tAfter all charges
taxes.
nine
against
$37,188,624,
year.
the
for
operations—!
for Feci.
calls
military contributions reads like a blue book of high
instruments, servo mechanisms, navi¬
•
corporation.
Federal-income
income
Total
$457,211
50,352
••>•/: 8,340
•/
railway——:
from
ry.
computers, gyroscopic
matics.
Other
1945
$498,867
$615,032
100,950
income.—
oper.
Net
1946
1947
•
-
to
Ended
frOm
Profit from
p.
1948
railway———
from
Net
The
Some
RR.—Earnings—
September—
Gfoss from railway-!—
and
during
•
Selling,
4,734,724
Ann Arbor
invaluable
an
the
estimated
depreciation and amortization——'*■
570,317
general and administrative expenses—
10,435,915
Balance
1947
$5,968,173
inc.
$0.60
Provistori for
(& Subs.)—Earnings—
1948
profit
Com.
—V.
Sept. 30—
$1.02
•
$1,190,403
$0.20
corporation
1948.—V. '168,'
Months
profit
Interest
charges—$5,156,584
Can.
&
Net
Navy
instrumentation
of
Nine
Gross
thereafter.
outstdg.___
after
.
stimulated
war
asset.
incorporated
36,
Sept.
of
history
the
last
period
"$2,057,307
1,
Many of the complex electro-mechanical devices which Arma designed
were
of
of
amounted
1943,
as
the
in
>
1948—9 Mos.—1947
$401,280
.
$0.42
providing for
sponding
$19,773,894
j
1951, payable $150,000
of consolidated fret profits
1794.
12 Mos. End.
Profit
principal naval suppliers.
Arma improved or invented new products in the fields
ship communications and gunfire control. In 1929, for
instance, it developed a stable vertical apparatus which establishes a
vertical reference point in the same way as a horizontal reference is
established by the gyroscopic compass.
,
1941
30,
Prov.
Twenties
to
largest
NOTE—Sales
1,185,700
Anchor Hocking Glass Corp.
navigation,
'prior
share
per
after
1948—3 Mos.—1-947
$841,197
—
2,913,905
Amra term loan due Aug. 31,
loan,
1951.
—V.
men
one
2,188,900
*
L„
(secured
1950
first
the
$100)
(par
(par $1)
______'
Bosch
can
had developed a new high
intensity searchlight for the Navy and founded Arma in January,
1918, to produce it in- quantity. Its performance led to a Navy request
lor the design and development of a new-type gyroscopic compass.
The
success
of this
project launched Arma in the navigational compass
During
2,213,628
:
$500,000
field.
its
850,000
preferred stock
"The
aind
6,035,000
-semi-annually Feb. 28 and Aug. 31, plus 25%
as
defined
(secured
by Arma .Corp. stock).: $3,500,000 3%%
Amra
term loan due July 31, 1953, payable $250,000 semi-annually Jan. and
July 31,* plus annual dividends from American Bosch in excess of
wars,
has
year)
one
t—_
_—
"$1,335,000 3lA %
they contributed a standard of outstanding
development and manufacture of naval precision
the
in
instruments
the
of
two
53,210
___j.
within
earnings
Earnings
37,874
u-J— i
—
(per contra I
installments due
of
Period End. Sept. 30—
tNet
Bausch & Lotnb Optical Co.
AR
first
the
from
MA
2,144,715
contingencies—
stock
Total
from the first two
two letters of, Mahood.
Mahood—the
M.
1,061,104
taxes
interest
cumulative
Common
simply the reverse twist of Arma.
contribution
The
In
Davis
income
(excl.
289,853
Corp. (& Subs.)—Earnings—
$800,000
—
Surplus
organized to acquire a company with an unusual
a
unique record of high precision production for
name
was
contrived
from the founders'
names,
was
name—ARMA—and
for
Minority
Corp.—History and Facts About Corporation—
1946
payable
Reserve,
5%
In
—
Employees' War bonds, etc.
"Notes
Monday, November 8, 1948
Barium Steel
—
,—-~i__
one year
:i
for Federal
CHRONICLE
•:
,
payable
Reserve^for completion of contracts
the
the
1685.
p.
FINANCIAL
&
'
Reserve
cable, together with its initial line and terminal equipment,
at an estimated cost of $12,500,000.
The project is
new
constructed
was
a
by
LIABILITIES—
before the cable will be opeped for .com¬
A
single television program' can then be
along the route between the Atlantic
accuracy of reproduction,
mercial
television
service.
broadcast
COMMERCIAL
participating
profit' in
provisions
1948
for
subject, to .exchange .restrictions
the
of
the
period
94,583
shares.
includes
in amount of $86,408;
1946, $84,784; ahd 1945, $76,857.—V. 168, p. 542,
foreign profits
1947, $82,805;
Volume
168
(George W.)
Borg Corp.—Annual Report—
Fiscal,Years Ended June 30—
Net
Inc.
THE
; Number 4749
1948
from opers. before inc, taxes.
Prov.
for
taxes
years": adjustments™:™—'—
and
Fed.
inc.
'
554,414
271,626
48,681
Net
<\
v
■
.
income
21,614
;
share
share———™™--
per
sale
on
from
share
on
of
operations,
$294,679
real
'
$2.96
including
tNet income
•
New
to
inventories
increased
crease
due
was
materials.
to
The
balance sheet
moderately in the amount of $171,235.
The inlarger volume of business and increased cost of
a
bank
loan of $300,000 shown
paid off during the year.
was
BALANCE
SHEET
AS
AT
in
the
30,
bad
and
/
complete
instance
N.
Y.
the
at
lower
(net
equipment
of
after
(after
cost
net
of
tool
sundry
1948
the
room
other
assets
and
and
market), $2,509,318; long-term
maturity i, $847,500; property, plan
for depreciation
and
amortization
of
deferred
$3/0,25<;
income
taxes,
credit
taxes
$53,855;
charges,
$34,667;
total,
goodwill
withheld
from
otheivaccrued
employees,
expenses
and
$7,171,623.
Payable and unvouchered
$29,615;
(wages,
un-
v
liabilities
stock,
series,
"Subsequent
Common
■
current
a
The
S.
*
will
rate
-■
and
State
as
of
v
and
estimated
to
be
funds
earnings.
the
of
not
than
more
as
The
the
($5
net
stock
common
be
used
since
ac¬
in
will
-
Outstanding
44,445 shs.
194$.
$69,000; reserve for guarantee of product,
$18,941; capi¬
stock ($10 par
value), $3,600,000; earned surplus, $2,231,394; treas¬
ury stock (15,000 shares), at
cost, Dr$22,750; total, $7,171,623.—V. 168, '
2,000,000 shs.
:
of
preferred
the
stock
board
shares
of
would
Bridgeport Brass Co.—Earnings—
*Net
Sept. SO^ '>•■
earnings
bef.
__'
taxes
eral
Prov.
for
Fed.
1948—3 Mos.~~1947
$2,186,852
865,000
$2,137,675
'864,000
$506,627
t$188,494
$1,321,852
$1,273,675
942,990'
taxes.—
t$275,494
Cr87,000
942,990
942,990
942.990
$1.34
$1.28
'
■
Net
(principal
dividend
such
offices
at
South
incorporated Nov. 3, 1927 in Delaware to acquire
Bucyrus Co. (Wis.) and Erie Steam Shovel Co.
of
engaged
together
with
in
Erie
Steam
its
the
manufacture
predecessors
Shovel
Co.
since, 1883 and at the time
of
excavating
in business
had
been
its predecessor
and
of the
large
consolidation
had
was
been
_
Earns,
share..
com.
$0.52
Nil
•
largest
It
manufacturer
produces
of
excavating
extensive
an
tLoss.
168. p.
market
current
1686.
prices in
inventories
Harris, Hall & Co.
The
mortgage
of
the
and
Sept.
by
1,
collateral
1948,
and
at
company
(EST), Nov.
9.—V.
trust
to
49
be
bonds, series due
Sept. 1, 1973.
168,
1978,
St.,
Boston
7,
to
Bids
due
Federal
will
Mass.,
be
dated
be
to
up
as
.
received
11
line
of
Nov.
which,
if
granted,
$2,200,000
<
The
the-
will
gross
and
York
—V. 168,
a.m.
increase
by
revenue
1795.
p.
increased
the
in
of
rates
charge
need
costs
for
five
cents
minimum
proposed
$1.18 for
per
are
thousand
to
of
return
f
of
cubic
cubic
feet
for
and
the
additional
the
.
of
of
eight
cost
The
the
;
■
'
.
'
,
underwriters
CONSOLIDATED INCOME ACCOUNT FOR
1948
in
gas
increase
profit
excess.of
be
into
put
*
>
Total
Misc.
;
excess
profits
Net
Dividends
"Earns, per
"Based
in
997,410
$1,341,297.
stock
130,000
$0.89
(at
"
i
(less
receiv
resale
(at
x'es.)
1947
1,197,911
24,034
28,212
cost)
(not
180,192
3,219,836
21,136
8,273
198,593
-■:
262
V'
'
109,302
111,873
60,706
$10,900,488"
42,702
$9,276,081
"LIABILITIES—
Notes payable
Accounts payable—trade
and
sundry..
Employees' Federal income taxes withheldll—
payrolls, taxes, etc
Unearned gross profit
$501,838
103,410
stock
cut-over land
in
38,903
^
r,
Q
iw
J.
NOTE;
issue
1975,
the
union.
$35.00
account
of
per
tha
tion
900,000
State
and
taxes
on
;
1948
qf
$7,206,135),
assets,
$5,371,652;
prepaid insurance,
total, $17,605,978. ' I ► *
"
$149,366;
payable,
trade
and
workmen's
for
reserves
for
dividend
in
1922
and
returned
of
capital stoqk from $6;000,000 to
total," $17,605,978;—V. 168, p". 1141.
to
$1,500,000
surplus upon reduc¬
in 1933), $11,881,-
per
June
and
Sept.
1
to
;-SEC
at
The
1946
1945
$247,315
$262,876
48,454
24,003
V-": 77,244
46,173
*5,911
*32,479
26,715
-.v
•''7-
2,904,583
696,807
613,176
506,809
147,203
/'
.
■
2,506,631
1,045,783
without
the
treasury
of
letter
a
i$10i
share
per
126,923
"
less
'423,540
declared
3
the
bring
share,
per
as
To
par)
the
notification
of
stock
common
underwriter.
offered
be
used
to
and
to
construction
past
167,
with : the
be
to
will
Proceeds
for
company
for
payments
$1.50
last
for
the
•*
'
2682.
p.
Gross
Net
exhaust
such
full
each
of
of
ry,
the
for
;/-
:
each" holder
Gross
inviting
sum
of
$231,673,
of
acceptance
tenders.
bids
for
shares
of
holder
It
prices
at
shares
purchase
-as
„
$194,000
not
"56,017
"118,557
*91,299
■
•
railway
railway
desire
a
,
:
William
of
"475.490
K.
partner
a.
Niagara
Dana
of
right
to
of
share
one
common
of
subscribe
such
stock,
stock
each
on
;•
3.50'/e
the
full; share
offered
for
stock
common
"
series,
basis
the
of
right to
one-half
sub¬
share
c
of
held; and
each holder of
so
common
to
such
these
under
6'^ preferred
$3.50%
series, the
number
any
provisons
ofi full
which -such
purchase.
'
proposes to enter
representative
as
underwriters;
whereby' the
underwritten.
38'fa
„
proceeds
proposed
with
issue
Coffin
behalf
on
of
&
of
Bufr, Inc.,
group
of
a
stock
common
other
it
is
stated,
construction,
lawful
aggregated
amount
which,
the
and
1948
year
were
completion
As
purposes-
$7,500,000,
mainder ofr the
will
be
t
of
property,
and
acting
net
notes
the
contract
a
and
...
\
r;',
proceeds are to be used to reduce outstanding
payable to the order of The First National Bank
The
of
into
of
of
used
and
Oct.
25,
of
the
for
extension
1948,
short-term
Boston,
acquisition
of
the
facilities,
bank lotans
for the re¬
company's financial program
requires additional bank borrowings
in
of-$2,000,000.-
the
-
v
of
V
/
.
1946
.•:•••
"115,047
-
-
■
-'
C.,
of
in
was
the
- ,v
1.586,500
law
named
Falls,
Company,
of
a
the
p.
to
of
first
on
Dec.
and
1, next,
general
Nov,
for
succeed
Park
'
Period Ended Sept. 30—
"
.
"
Co.—Earnings—
1948—3 MOS.—1947
1948—12 MOS.—1947
$884,117
$737,363
$3,483,831
$2,964,339
711,423
590,505
2,736,618
2,252,255
$172,694
$146,858
$747,213
'
Operating
Other
"68,748
„
income—.
2,727
2,495
10,187
$712,084
12,825
$175,421
$149,353
$757,399
$724,909
39.938
45,769
162,424
179,332
46,668
25.896
181,649
154,264-
$83,795
_
$77,688
$413,327
income™—™~
Gross' income
Income
*58,810
Prov.
"615,963
'
deducts.. (net.)_
for
come
Net
,
Federal
1
in-
taxes—™
the
Divs.
this
income-—.,;,
paid
on
Divs. paid on
pfd. stock
10,800
10,800
43,200
$391,313
43,200
stock
50,480
'45,600
192,160
'182,400
$27,515
$21,288
$177,967
$165,713
com.
Greer^ and
late
John
Balance
V.
died last summer.
Place,
account
mortgage 3'/4%
interest. Payment
1-, 1977, at 102.867<>
and
Colony Trust Co., trustee, 45 Milk St., Boston.
Old
1796.
Operating ' revenues—
Oper... rev. deductions—
1945"
director" of
Smithr Rae,
Ontario, Canada, who
25
at
168,
redemption
Central Ohio Light & Power
;
,
President
Publishers,
made
!
for
$19,000
.
Canada,
firm
series. P-due
will be
Mass.—V.
1,790,100
"393,091
Toronto,
fund,
$177,600
"924,344
;
been-called
sinking
•
*367,015'
--
the
Ijonds,
V?37,898V "11,427
"858,051
-
Redemption—
There have
of
an
*
1,611,100*
1,751,000
Cartwright, oh Oct. 28
Lawson
share
the
out.
Canadian Niagara Power Co. Ltd.—New
President, Etc.
Smith,
stock,
is
Company
be
whole
a
$161,500
•
-
income_l_
"975,772
"Deficit,—V. 168, p. 1358.
4
L.
basis
such
stock
common
may
Boston,
-
to
will
comprise
.
,;
$209,500
"34,071
income—
and
one-half
not
%
.,*
■
subscribe, for
the
of-
168,
England—Earnings—
1947 V,
oper.
Bethune
of
SEC
stated that New England Public Service
Co., which owns 77.8%
presently outstanding common stock, will waive its. preemptive
with respect to the 303,330 shares of the common stock to
be so offered,. subject to the condition that
warrants to subscribe to
such-stock
are
issued
to
all stockholders;
and
that company
will
therefore be able to make the offer to stockholders as above set
calendar
rejection
or
These
the
1948
-
from
company
the
preferred
of
following basis:
the right to
held;
for
per
"V"..".v's.
railway.™
railway..-
oper.
stock
basis
the
share
.1
r
price
a
held;
so
on
$10).
at
stock,
preferred
so
shares
the
on
statement with
(par
stock
stock, to
stock, and to each holder of preferred stock,
privilege to- subscribe, subject to allocation, for
issued
From Jan. 1—
the
on
stock
holder
for
stock
the
common
of
share
common
To
Co.—Tenders, Etc.—:
Notices
from
from
stock
its
full ..share
holder
sell
rights
991,697
unices)
To
w
of
registration
a
common
to
thereof
value
par
such
of
scribe
••
invitation
its
of
each
such
year.—V.
filed
1
proposes
holder
each
shares
v
'•
quarterly ..dividend-of
of 55 cents per share
against
each
stock lor each
;
regular
total
than .the
To
V
878,763
'
Nov.
on
company
Shares
2,455,355
1478.
company
The
*
Canada National Lines in New
3,523,380
latent
filed,
26
shares
covering 303,330 shares of
1947
103,743
interest.
September—
650,000
».
$24.75
Electric, Co., Inc.—Files With SEC—
Oct.
on
12,100
provide funds for future construction.—V.
$:,•
$286,779
Nov. 16.—V. 168, p. 1795.
on
from
4,959,734
company
covering
reimburse
first mortgage 314% bonds, series C, due Nov. 1,
by the company.
Such bids will be received by
at American Trust Co., Corporate Trust Department, 450
St.,, San Francisco 20, Calif., up to 9:15 a.m., California
be
ry.
(tveg.. u.
The
.
Dis¬
New .Yoric
8,
N.
167,
x.,
after
p.
divs.—.:
2682.
KEctor
2-9570.
Herbert
D.
seihert,
Editor
and
Publisner;
Riggs, Business Manager - Published twice a week [every Thursday
(general news
and
advertising issue)
with
a
statistical
issue
on
Monday].
Other
111..-(Telephone Stated 0613) ; 1 Drapers). Gardens, London,
E. C., England, - c/cr Edwards "& Smith.
Copyright 1948 by William B. Dana Company;
Reentered
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-
year; : in
-
1,
Central Louisiana
cents
1948.
3.
Dominion
fluctuations
,
March
50
15,
company
California
E.
Chicago
n-5 matteivFebruary, 25,
On
to
President; William D.
St.,.
Nov.
on
made
record
3.406,700
.Nov.
company is
of $1,500,000
Net
;
,•
* vnrwiucie
n
Salle
American
;
of
California Water Service Co.—Bids for Bonds—
The
"*$10,900,488 "$9,276,081
,,cno beibert,
ua
adjustments of Federal
$102,552; other
Partial
Net
991,697
1795.
H. the rate of
dividend
a
_
$1.75
.1,
:
9,751
of $3,737,295 in 1948 and $3,561,640
shares of $2.50 par value in 1948 and $5 par
p.
other
amortization
$5,000,000 stock
2
_
'
and
1.686.
p.
650,000
IIII—ZII.I—
168,
;—4
number of shares
tendered.
The company
offered for each
of preferred stock $105 in cash plus the right to subscribe for
share of treasury common stock priced at $10 a share.—V. 168,
1,900,000
\AJ.^r reserve for depreciation
value
and
BALANCE SHEET, JUNE 30,
etc.,
144;
.
1n®Sres,e,ntod by
1947.—V.
Co»—
Co
the
share
7,802
Total
.
of
1,725,000
_
Earned surplus
$l,629,20r»
1,080,000
income resulting there¬
on
scrap prices, $250,000;
contingencies, $300,000; common stock ($5 par), $1,800^000;
surplus, (including $4,500,000 which had been capitalized as part of a
4
Dec.
response
4/lo
158,155
41,749
expenses
(par $100).
stock
surplus
in
Net
—_
Paid-in
894,000
134,092
retreating
preferred
tCommon
900,000
for'U. S. Savings bonds, $4,893;
compensation, $120,959; reserves for decline in
2, 1548, and accepted bonds must be delivered on
1948.
On Nov. 3, it was announced that the buildings company
accepting 14,000 shares of the .7% cumulative preferred stock offered
is
37.343
•.
2%%
Milwaukee
Loewi -&
•
sufficient
cn
237,503
127,275
1,315,000
income
(reserves)
Reserve for accident insurance
Reserve for Tcrminix
The
8
-
& Co_———
to
Dec.
105
481.430
32.037
414,264
income
sales of
on
__i
from employees
Irving Trust Co.,
$250,000
Accrued
on
$2,298,071
250,000
surplus-
prior years, $35,687.
and
reserves
Miller
Hayden,
mortgage .50-y.ear
time,
;
Provision for Federal taxes
to
others, $1,109,564; ac¬
salaries, wages and additional compensation, $1,007,634; accrued
(other than Federal-taxes on income), $186,007; Federal taxes
income-, $944,892; miscellaneous accrued liabilities,'$886; collections
on
5
trustee, 1 Wall St., New York, N. Y., will on
19.48, receive tenders for- the sale to ^it • of-first
sinking fund gold bonds due April 1, I960,, tq an
286,371
_
on
5
8:
just -declared
.
before
or
2,342,136
sundry supplies—
taxes
'5
Hornblower & Weeks--—___—
Bush Terminal Buildings
The
322
407,638
2,942,132
Total
State
Clark, Dodge & Co.———_
Coffin & Burr", lnc._-_2!—1_^
8
•
218,316
j..
current)___
—
fcr
$1,553,783
prices—
94,526
2,086,223
fax&s
Dec.. 7-,
$1,639,936
138,113
"Property, plant and equipment.—
Prepaid insurance, taxes, etc
I—
Provision
in scrap
59,823
,
crued
.
$1,437,715
1,583,375
Sundry investments (at cost less reserve)
Land, timber, timber rights, etc. (at cost)-.
Inventories of
8
10.
$373,118
i
_
p.
on
to
up
mailed
3,977,482
receivable
:*'
168,
dividends
1948
exceed
JUNE 30
cost).—
and accounts
99,717
L,543.040
—
LIABILITIES—Accounts
8
were
income—
1140;
I
outstanding.
(secured by cut-over land)
receivable
Trucks, ete», held for
65,133
944,892
years__—___
tranfd.
dividends
for
taxes,
5
amount
V
receiv.
accounts
inc.
4';'\
per
share and a year-end dividend
capital stock, both payable Dec. 1 to holders of record" Nov1. 19,
distribution of 45 cents per share was made on Dec. 1,
'.
v' rV;v,
;..-V ,V ;; ,•
The
$1.31
$4.88
—
accts.
2
Robert W_BamL & Co., Inc._>
1948
directors
the
year
130,000
Trr
1948
hand
on
and
13,23(1
161,000
emergency
'
year-end
last year.
82,880
$7.47
now
decline
of
income
846,700
$422,406
79,174
195,000
•
.
and
notes
Inventories
252,547
$311,002
71,844
'
520.000-
Notes & accts.
Sundry
1,442,275
shares
34,753
150,000
income--.——___
on
from, $279,475
per¬
F. S. Moseley & Co
stockholders
to
each
cents
railway
railway-
.oper.
A
p.
66,328
banks
Customers'
Notes
152,086
share.
of
prior
5,475
138,713
*$374,985 net of reduction in Federal taxes
%
cents
"$1,421,193
$2,008,100
260.000
ry
on
1,267.424
390,301
CONSOLIDATED BALANCE
SHEET,
ASSETS—
Cash
:
1,55.1,998
$753,851
stock"
20
from
from
30
"$525,567 "$I,"228,996
264,220
taxes..
com.
taxes
for
tion
the
10
declared
23
from, railway—L
The
2,496,420
$2,602 926
com.
en
2,677,565
i
pfd.
on
amortiz.
for
110,545
!
officials—
,
.
192,197
7
for
.
Burton-Dixie Corp.—Extra Year-End Dividend—
228,284
'
292,365
income-' taxes.
Bal.
follows:
as
30
"370.342
and
of
have
From Jan. 1—•'
;
1945
a
302.250
—_—
income
on
JUNE
389,749
income
Dividends
ENDED
1946
$3,840,124
profit
for
285,872
facilities, net
.
*
a
Ne.t from; railway
^
Net ry. oper." income—
$9,979,126 $14,248,812
$2,232,584
expenses
Prov,
j,.
«
Nov.
"Deficit.—V.
$3,537,874
.»
-v.
September—
Gross
in¬
an
Net
„
;
328,936
:
emergency
6,643
Central Maine Power Co.—To Offer Stock—
.
YEARS
$23,915,005 $16,269,207
Gross profit
6,131.961;
4,234,081
Sell., admin, fir gen. exps.
2.594,087
2,001,497.
Operating
$4,446,923
,
,
Gross
1947
sales
Miscellaneous income—.
$4,661,453
deprec. of $29,240
property retired, net
State
.
and
each are
Burlington-Rock Island RR.—Earnings—
^
in
cents
and
gas
all
(E. L.) Bruce Co.—Annual Report—
——
$3,036,933
167,917
normal
Federal
invest¬
petition.
Net
,
158,683
56,250
181,495
—j—_
etc.
securities——™:
on
r Prov.
this year. In 1947, the company paid 20 cents in each of the fiyst
quarters, and a dividend of 40 cents-in the last quarter.—V. 167,
p. 2026.
r
:
feet
,J-'v, .y,-.'--;- y;f
The
company
has asked that
this interim
effect Jan. 1. 1949.—V.
168, p. 739.
•'
$4,258,785
"Accelerated
throe
quantity.
,
$4,446,520
Loss on
j, Ektra
compensation,
1,
approximately
labor
on
increase
an
600
rates
gas
tributions
■
Net
$2,869,016
Amortiz. of
.
Fund, Inc.—^Declares 50-Cent Dividend—
directors
share/payable
Public
,
by the company in support of
item is the increased cost of labor.
changes
in
The
v
State
•.
the
as
New
temporary
"
materials
minimum
crease
for a
increase its
the
cited
are
greatest single
the
with
petition
such
costs
production
ment
filed
annually.
Increased
of
a
1
465,059
opers., bef. deprec., etc.
from
investments,
rents,
fr.
.
10
_
_
Bullock
company
on
Service Commission
441,879
gen.
/.,.//
Brooklyn Union Gas Co.—Seeks Rate Increase—
The
(Inc.)
Corp,______
Brothers,^---_
_^ A
Merrill Lynch,
Pierce, Fenner.
&r Beanfe_lCl'i"__—
;_
first
1039.
p.
First- Boston
Lehm a ft
$4,000,000
1,974,71V
2,270,720
and
•
of
names.
Morgan Stanley &; .Cp.—1"
Glore, Forgan &• Co.^1
Kidder, Peabody & Co——_
Brockton Edison Co.—Bids for Bonds—
of
15,324,711
441,502
Common
equipment
varied
and
%
respective periods shown.
Company is inviring bids for the purchase from it
16,800,940
.
centage of unsubscribed shares to be taken by
V/a//
;■
...
the
1946
$23,960,059 $22,023,273
16,746,453
.
$$830,000
______
$Net profits
representing gain from-,sale of metal
acquired below
—V.
$$40,000
._
1947
$22,433,568
at
UNDERWRITING—The
■:
'
Pa.,
depots
sale
inventories of
1948
•
Depreciation
<
.
of metal
•
Total income
■»
r
•Incl. net profit fr.
163,
2,376,597
facilities
.
'
per
reelected.—V.
were
expenses--
royalties,
Profit
engaged
walking
is the
United[ 'States,
■
exclusive of deprec1.-*
expenses
Profit
prior to .the issue
held in treasury;
and
■
profit
Com. shar.es outstdg.™
board
the
ASSETS—Cash on hand and deposits in banks, $3,599,811; U. S.
and Chicago, 111.
Company maintains its own repair parts :>
Govt, securities at cost, including accrued interest,
$169,229; notes and
Hibbrng, Minn., Englewood, N. J., San Francisco, Cal.,:and
accounts receivable (after reserve for doubtful notes and
accounts re¬
Evansville, Ind., and its distributors throughout'the United States carry
v
ceivable
of
stocks of repair parts.
$117,629), $1,639,604;
inventories
(at
cost
or
market
''
' '
"
"
whichever is lower), $6,510,077;' employees' loans and accounts receiv¬
Shovels, cranes, drag lines and drag shovels, including "spare aiid
able," $54,763; U. Si Savings bonds held for sale, $8,925; real estate,
repair parts for such""equipment,'accounted for approximately 60% ;of
buildings, machinery and eqquipment, etc. (after reserves for deprecia¬
the company's gross sales in 1947.
Erie,
$835,628
329,000
_
;
1948—9 Mos.—1947
Fed
of
I
of sales,
Income
moving,
drilling and
material-handling 'equipment,
including
shovels, cranes/ drag lines and drag shovels; tractor equipment; drills;
dredges;; railway cranes and, other related equipment. Its manufactur¬
ing plants are^ located at South Milwaukee," Wis.,' Evansville, Ind.,
-
Bot-
1478., /
Administrative
"
earth
Period End.
Louise
^
sales
Co,st
$1,555,135 shs.
have
directors
reacquired
BUSINESS—Company
company.;,
rTh'e company
the
Wood,"
members
Years Ended June 30—
■' Selling
the
in
Mary
None
in the Monighan
at (hat time was a leading .manufac¬
drag lines for use in canal and levy construetion. The name Monighan
Manufacturing Co. was subsequently changed
to Bucyrus-Monighan Co. and in
December of 1946 it-was merged into
i.
Mrs.
,
V. 168, p.
Manufacturing Co;.(111.), which
tal
of
and
Carpenter Steel Co.—Annual Report—
manufacture of small revolving shovels.
1931 the company acquired a
controlling interest
of
filled
was
other
Manager;
as Assistant Secretary.
of Directors resulting from the death
by Charles L. Gundy, Toronto, President
Gunuj) & Co., Ltd., Toronto investment
board
the
«
Net
68,300 shs.
Co., was
The
.■
'•
the
turer
Niagara Elec¬
Clancy,
Capitol Records, Inc.—Secondary Offering—William R.
Staats Co., San Francisco, on Oct. 27 made a
secondary
offering of 15.000 shares of common stock (par 250) at
$9.50 per share, less 65 cents per share commission.—
'
FINANCING
31,700 shs.
was
and
1880.
In
:
taxes
Buffalo
Vice-President; Walter
Niagara Falls,
a
A.
needed'to
as
value;
par
series
assets
in business
to
to -be
necessary
proceeds
PRESENT
TO
,
par)__
AND
Bucyrus
are
.
-
All
1722.
/
EFFECT
—
be fixed by
tExcludes 21,749
»Pa.)..
General
of
named
Charles
3
Ontario,
director
a
dealers.
p.
and
In
vacancy
My. Lawson
President
was
Secretary;
as
Falls,
Niagara
The
.
$100
7.%
Milwaukee, Wis.)
all
Buffalo, N. Y.,
director of CNP,
a
Buffalo,
Vice-President
tomley,
Wall Street,
16
program.
may
HISTORY
(trade),
sundry
Co.,
of
Corp. and
Schmidt,
as
sub¬
holders
Warrant
Trust
additional
future
GIVING
series
stock
theerof.
?.!V,.ncome dess $200,000 United States treasury savings notes series
kc
lh P&yihent thereof l, $604,157; dividends, payable,
July 16,
to
$15(
Authorized
additional
■"Any
,
machinery,
etc.),n $191,064;
officer, $3,385;
balances, accounts receivable, $4,649; due to
liabilities, $18,055; provision for Federal
other
rights
at
shares held.
1948.
Bankers
are
such
from
program
First
or
trademarks, $21,361;
*0HABiLITIES~Acccunts
crued
four
15,
Title of Issue—
Preferred
unexpired insurance and deposits,. $39,649; inven¬
material, $28,870; deferred tooling costs, $26,361;
amortized patents
proceeds
securing
CAPITALIZATION
current
reserves
Registrar,
the costs of such
pay
debts of
receivable
tory
each
received
by the company from the sale of
be added to its general corporate funds which will
•
$720,940),.$1,254,371;
t
(15),
anticipates
pany
year-end
prior
$14,502), $1,232,051; current maturity of longreceivable, $37,500; accrued, interest on notes and securities, $11,163; miscellaneous
receivables, $48,429; inventories (valued in
and
for
Nov.
28
stock
O'Neill
(15), N. Y.
notes
each
expire
T.
tric
Oct.
common
$4,622,765 and not less than $4,382,828. The "company is engaged in an
expansion program which it expects to carry out over a period of the
next two years at an estimated cost- of
approximately $7,000,000 Com-
.
:
ASSETS—Cash in banks and on
hand, $829,726; United States lVa.%
certificates of indebtedness due Jan.
1, 1949 (at cost), $250,055;
ac¬
counts
receivable, trade customers (after reserves for sales discounts,
notes
share
one
will
PURPOSE—The
„
,
JUNE
York
New York
prior
net current,assets (working capital) as of June
3Q, 1948,
$3,574,806, or $10.36 per share, as compared with $2,623,per share, a year ago.
Total net
assets as of June 30,
1948, were $5,808,644, or a book value of $16.84 per
share, as compared
with $4,814,787, or $13.96
per share, at" June 30, 1947.
During the year,
term
of
of
the
.
$7.60
credits
basis
warrants
shares
*■
NOTE—The
or
(1899) I
A.
privilege of subscribing for additional shares of the stock'-at
$15,
subject to. ■ allotment". Subscriptions are payable at
office
of
Guaranty Trust Co. of New York, 140 Broadway, New York.
■
Transfer agent, Guaranty Trust Co. -of New
York, 140 Broadway,
?
$0.85
$2.33
estate less income taxes thereon,
years' adjustments, after taxes, per
345,000 shares capital stock (excluding non-recurring income).
amounted
425,
CHRONICLE
stockholders of "record
additional
319,916
the
on
have
—
$802,757
to
scription
•
tt
$1,269,857
FINANCIAL
_
tEarnings
"■Profit
/
■■—!
■
subscribe
$587,919
" Cf2,482
,./246,872
State
"■Non-recurring, income.
■J "'
The company -is issuing to
,
$1,308,490
722,370
Prior
&
Bucyrus-Erie Co.—Subscription Rights—•
1946t
1947
<
$1,747,837
COMMERCIAL
in
the
of
Canada,
rates
:
of
"i
,
$38.00
exchange,
!'
-f'
per
year.
remittance
Other
for
Countries,
foreign
$42.00
per
year.
subscriptions and
advertisements
-
must
be
made
—...
in
New
.
York
:
..
„'
*
.
-
funds.
■'
•
•
-
^
4
Certificates—
The
and
ICC
Sales
Oct.
on
liability
guarantor,
as
the
authorized
21
of
respect
in
to
company
$1,500,000
exceeding
not
equipment.—V. 160, p. 1796.
Chrysler
to
refrigerating
units,
metal
Net
With SEC—
products,
earnings
subsidiaries
statement with the
The stock will
be offered for subscription
Nov. 18, 1948,
and for
a
period of about 15 days, at the rate of one additional
share for each 10 shares
then held.
Company will invite bids for
unsubscribed shares.
Proceeds will be invested in the common stocks
of Central Power & Light Co. and Southwestern Gas & Electric Co.,
from
subsidiaries.—V.
months
The
SEC
company
Nov,
on
659,606
covering
filed
1
shares
168,
registration
a
of
Chesapeake
.
in
from
months
nine
Unit
of
sales
of
which operates
the Greenbrier at White Sulphur Springs, W. Va., elected Edward T.
Lawless
as
Vice-President
of
operations.
Mr. Lawless was VicePresident and General Manager of the White Sulphur Springs Co.
which is owned by The Chesapeake & Ohio Ry. Co.
Charles R. Hook,
Jr., and Thomas J. Deegan, Jr., both officers of the C&O were elected
Vice-Presidents of the White Sulphur Springs Co.—V. 168, p. 1796.
the
of
Sulphur
White
Springs
ry.
2,699,846
2,830,578
income—
Net
the
cost
"A
2,320,556
23 ,391,718
24,208,606
income
of
models
when
railway
the
In
from
Net
ry,
unabated
*109,423
20,654,444
18,144,391
2,772,584
944,295
1,518,380
..315,537
*1,411,434
Net
from
ry.
23,248,862
6,304,932
2,122,079
sales
&
1947
1946
1945
$609,742
Gross
from
Net
from
ry.
face
460,596
175,700
160,473
277,639
142,181
92,936
73,721
7.048,309
5,864,189
4,414,064
5,006,399
1,979,773
1,089,516
1,007,881
514,708
1,642,101
703,118
to
workmanship
1947
service,
taxes
&
ry.
$1,676,194
$1,327,372
$1,083,669
322,676
307,936
161,605
$769,211
158,474
income—-
144,202
103,031
13,988
54,000
oper.
From Jan. 1—
Net
inc.
Net
11,055.399
7,978,039
9,012,713
1,478,716
713,733
2,693,885
168.
p.
*214,567
1,388,563
income—
oper.
ry.
•Deficit.—V.
1,511,853
*502,241
H.
Clinch,
M.
President,
of
Chairman
ferd
Vice-President,
succeeding
Board,
the
effective
Burleigh as Chairman.—V.
and Treasurer,
Secretary
Bernard J.
15.
Nov.
168, p.
been
has
has been elected
Fallon succeeds Man-
Fallon,
who
Mr.
.-V
1692.
O'Shaughnessy,
railroad, died
53,
age
in Chicago, 111.,
Public
Oct.
on
Relations
30—V.
Officer
this
cf
1796.
168, p.
■
51,340,836
eftect
of
=
ciated with Salomon Bros. & Hutzler in the offering are
Drexel & Co., Union Securities Corp. and Stroud &
Co., Inc.
invitation
road's
in
maturing
25/ss;
as
certificates
W.
and
bids
the
on
same
to the
response
of certificates
amount
& Hutzler group offered
were:
tificates
R.
alternate
l-to-10 years the Salomon Bros.
In
of 99.26 on a 2%% coupon. Other proposals received at the
Halsey, Stuart & Co. Inc., 99.5999 for l-to-10 year cer¬
price
a
sale
for
bid of 99.46.
Harris,
2Vz&
as
Pressprich
99.30
for
l-toll3
EARNINGS
FOR
September—
Gross
from
Net
from
Net
ry.
Co.,
for
l-to-10
certificates
year
certificates
FIRST
as
2%s
1946
$2,547,861
564,285
692,851
426,803
197,920
462,617
$2,555,575
830,406
430,347
25,156,504
22,697,397
19,849,901
20,849,582
3,925,291
3,518,499
1,921,126
5,503,847
857,530
739,817
•630,167
2,923,402
income—_
from
Net
from
Net
ry.
railway
railway
cper.
income
•Deficit.—V.
168,
p.
$795,126
$1.30
revised
from
classification in
year.
JUNE 30
SHEET,
1948
$828,534
683,453
307,710
58,662
25,107
8,463
1
$2,168,436
$1,794,263
$246,633
—
203,891
27,657
7,681
1
2,000
22,272
—
1947
$504,632
554,488
419,559
60,662
230,466
-
(net)-—.
property
$401,299
——
value
surrender
—
cost
——
.
charges
DefeiTed
37 357 808
34,700,000
1,287,000
23 000 000
for
income
2,000
15,460
Accrued
salaries, wages,
Sundry
838,782
divs.
from
rec.
subsidiaries
52,568,683
46,863,476
7,318,918
Net
29 460 848
forgn.
earnings—
59,887,601
chgd.
&
47,873,089
26,106,792
dividends—
'16,316,745
10,292,645
9,790,047
surplus
29 460 848
to
9 880 754
8,702,264
4,351,132
435l'l32
$6.88
$5.50
$2.37
share—
of
cost
'
11,243,275
Comparisons are shown with the last
principal activity
of the
corporation
and
manufacture
and
sale
of
automotive
•
4,615,580
three
its
years
4,479,765
in
which
subsidiaries
accrued
Trade
the
the
was
products.
BALANCE
$
120,394,447 139,491,725
interest
Inventories
securities—at
cost
—
(less
90,856,836
$3
45
232'369
2*411
2 907 157
other
and other expenses—-
assets
2,803,762
4,971,40s
,
Total
Accounts
with
3,774 055
4383'237
119i564'379 103*,608!935
87,874,415
_
insurance,
Federal
taxes
taxes,
and other
10
55,702,073
58!602'l26
5,222,570
21
25,958,106
—_
Total
311,141,283 277,360,474
—
518,231,835 487,199,679
depreciation of $65,672,867 in 1948 and $56 346 234
266,486 shores in treasury.—V. 168,'p, 543,
"After reserves for
in
1947.'
tAfter deducting
C. I. T. Financial Corp.
Period End. Sept. 30—
Mr.
148.
p.
•Net
profit——
shares outstdg.
Earns,
per
$4,728,709
•After taxes and
Consolidated
income,
3,580,948
share
comon
$0.57
$5 197 934
3'580948
' $1.45
$3.31
charges.
deferred
income,
which
acts
as
a
reservoir
for
future
increased
from $39,197,386 at Sept. 30
1947
to $68 30, 1948.
Of this total, $52,536,874 represents de¬
ferred income from instalment financing and unearned premiums from
related insurance operations.
The latter figure1 compares with $26405,929
The
for
company on
267,418 at Sept.
30,
'
1947,
Ittleson,
will
used
be
of
York, N. Y., on Oct. 27 at the
the
age
Board
of
Directors,
of 77 years.—V. 168,
Oct. 25 filed a letter of notification with the SEC
common stock to be offered at $2 per
Scott & Co., Inc., Pittsburgh.
Proceeds
pay
off debts
and
provide funds
for additional
to
Colonial Stores, Inc.—Current Sales 6.13%
$
Sales
13,174,054
—
—V.
168,
September—
Gross
-
from
Net
from
Net
ry.
railway
railway
1692.
Gross
oper.
income—
from
railway
Net from railway
Net ry. oper. income—
—V.
^
$
Higher—
1948—43 Wks.—1947
1948—4 Wks.—1947
Period End. Oct. 23—
$
$
12,413,060 136,720.402 130,091,798
1479.
p.
(The) Columbia Gas System, Inc.
scribed—The company's offering of
died
In
New
Stock Oversub¬
1,223,000 shares of
amounting to 2,342,073 shares
or over
total shares offered, Stuart M. Crocker,
President of the Corporation, announced Nov. 1.
the
of
191%
shares, or nearly 93% of the total shares offered, were
by regular subscriptions
and after these subscriptions are
there will remain only 86,262 shares to be allotted pursuant to
the oversubscription formula.
The Columbia offering, which
was
not underwritten, has been of
filled,
special Interest because of its dealers participation feature, under the
direction of The First Boston Corp. as dealer manager, and the use
of
a
condensed
short-form prospectus.
Approximately 700 dealers
throughout the country participated.
Ry.—Earnings
1948
1947
1946
1945
$3,369,103
$2,740,226
$2,441,594
$2 456 954
1,141,370
818,182
533,348
'729'711
718,852
503,343
289,431
316 653
29,985,676
25,371,386
21,723,208
26 312 558
10,465,893
8,044,516
4,893,728
6,249,663
4,445,851
2,674 581
021*599
3'366080
9
168, p. 1359.
-
CAPITALIZATION, GIVING EFFECT TO SALE OF
ADDITIONAL
COMMON
Authorized
1%%
1971
due
debs, due 1973
3'/4%
stock
$20,000,000
-
debs,
(no
stock
i
par)
added
be
will
*
;
.■
'
Outstanding'
due Sept. 1, 1948 to
serial debs,
1956
Common
1359.
p.
—
stock (no par) was heavily oversubscribed with
total subscriptions
3 Va %
Chairman
Files
equipment.—V. 168, p. 1252.
;
Chairman Dies—
Henry
—
shares ($1 par)
Underwriter, Grubbs,
149,750
share.
Sept.
at
Va.
covered
1948—9 Mos —1947
$2,063,100 $12,244,926
3,580,948
3,580 948
$1.24
Corp., Morgantown, W.
Candy
Colonial
With SEC—
1,136,738
(& Subs.)—Earnings—
1948—3 Mos.—1947
Common
Elected—
has been elected President to succeed the late Elwyn
Boykin will also continue to serve as Treasurer.—V. 168,
6 409 414
755'660
25958'106
21,755,660
—
Capital surplus
surplus
'670 638
993*562
10,006 908
expenses—
income—
on
15 to holders
Boykin
F.
Evans.
85 449 698
570^821
subsidiaries
Accrued
dividend of $15 per
semi-annual dividend of
usual
year-end payment of $15, plus the three dividends of $7.50 each
paid on April 1, July 1 and Oct. 1, make a total , of $37.50 on the
common stock this year, against $37.45 paid in 1947.-
———518,231,835 487,199,679
payable and payrolls
year-end
a
the
1948.
1,
Dec.
and
class "A" stock, both payable Dec.
share on the
per
of $15—
Corp.—Year-End
declared
1
stock,
The
LIABILITIES—
Accounts
Nov.
on
common
oso
139;227',739 lll',569',568
—
and
the
record
of
76,728 738
37,506,109
reserves)
receivable
Prepaid insurance, taxes,
Investments
$1,794,263
1947.—V. 164,
and
__——_
receivable
accounts
directors
on
S.
accounts
73,930
79,640
795,126
5,963
SHEET
Sept. 30, '48 Dec. 31, '47
marketable
, ——
$2,168,436
—
-
New President
CONSOLIDATED
_
Short-term
stock held in treasury (Dr)—,
—
The
$6.77
•
11,642,430
to___
—
——
Coca-Cola International
share
sales
am't'd.
208
73,930
79,640
1,151,259
7,741
417.
p.
502,598
8,702,264
1
(1)—Deprec.
exps.
—
323,960 shares)
•Represented by 825 shares in 1948 and 375 shares in
19!58o',094
33,780,809 * 31,556,344
-
per
NOTE
712
6,349
7,945
———
•Cost of capital
——
shares outstdg.
115
7,684
1,009,614
10,292,645
Total
Common
159,347
——,—■—
surplus
Earned
219,139
———————
expenses
stock, no par (issued,
Paid-in
forgn. subs._
259,657
accrued
.
accrued
Sundry
Common
from
accrued
taxes
5,089
325,483
and profit-shar. comp.
Sales awards accrued
11,134
5,235
—
brokerage
and
Commissions
to
,66,851
———•
income-.
taxes
on
;
withholdings
tax
Federal
account
bef.
balances-—
credit
Employees'
re¬
V
:
creditors
payable—trade
Customers'
reconvers.
restored
———
—
LIABILITIES—
Accounts
From Jan. 1—
From Jan. 1—
Gross
the new
-
PURPOSE—The net
1945
$2,845,749
900,314
which have been
with
receivable
Franchises—at
*
Cincinnati New Orleans & Texas Pacific
MONTHS
$3,329,449
30,998
$1,151,259
$1.65
—_
—
figures
,
year
2%s;
as
161,886
;
of life insurance policies
Patents—unamortized cost
Trade marks and licenses—nominal value—
.
NINE
1947
1948
,
for
2D/£S.
as
AND
99.243
year
1-to-lo
certificates
SEPTEMBER
railway
oper.
(Inc.),
l-to-15
for
99.117
year
1
railway
Co.
&
99.416
and
&
Hall
178,009
(net)-—
Inventories (at lower of cost or market)
Investments (at cost)
——
Cash
9,800,000
earns,
gross
a
565,236
$988,000
———
conform
to
—
—
Plant-
$
profits
res.
for
Earned
St. Paul Minneapolis & Omaha Ry.—Equip.
Offered—Offering of a new issue of $2,100,000
2%% equipment trust certificates was made Nov. 4 by
an
underwriting group headed by Salomon Bros. &
Hutzler. The certificates were priced to yield from 1.60%
to 2.875%, and mature from Dec. 1, 1949 to 1963, inclu¬
sive. They are issued under the Philadelphia plan and
are being offered subject to approval of the ICC.
Asso¬
on
—
component
certain
BALANCE
v
1941
37,186,779
(est.)
Net
Chicago
awarded Nov*. 3
1947, 50c a share
——.
previously reported
during the current
Total
58,621,717
—
33,025,000
exc.
taxes
Trusts
was
$422,764
>,
$1,329,268
—
share
per
•Includes
common
The issue
184,191
259,057
795,125
year——
surplus at end of year—
Earnings
those
adv.,
Operating reserves
TCapital stock ($2.50 par)
Chicago, Rock Island & Pacific RR.—Obituary—
Timothy J.
$866,613
1
$534,143
year
ASSETS—
$
•Property, plant, and equipment (at cost)
1479.
Chicago, North Shore & Milwaukee Ry.—New Pres.—
J.
elected
income
surplus
Earned
of1 pr, years'
&
Other
•
3,000,716
railway—_
railway——
from
'
14,119,518
from
Gross
^
,
the
for
Reorganization expense
Cash
$
railway—
railway
from
from
Net
*—-—
taxes on
surplus at beginning of
characterizes
prof.
exc.
(est.)—
Recovery
Cash
1945
1946
charges
for Federal
income
$1,117,944
258,318
325,483
_
Dividends—1948, 55c a share;
the
of
1946
$
.
*408,613
$847,593
19,020
■
all wholly-owned subsidiaries)
1948
447,797
$1,093,158
24,786
_
1
income
Earned
•
Chicago Indianapolis & Louisville Ry.—Earnings—
1947
soundness
which
*6,877,423
$2,519,170
*1,262,964
new
INCOME STATEMENT
ASSETS—
1948
the
-———
expenses—
income
Net
con¬
the
on
for our products which continues
competition from new models already an¬
testifies
9,506,194
$3,498,887
1,957,932
—
operations—
Provision
demand
COMPARATIVE
September—
prices
30
1947
$9,396,593
—
—
—
from
Income
1,070,903,956 989,942,316 600,594,962 665 845 075
926,688,556 857,038,004 562,467,321 576 026419
interest—-
inc.
Earnings
2,853,253
1,650,481
Railway——
railway—
oper.
Net
Other
materials
(2)
income
—V. 168, p. 1479.
Gross
50,000
to
the
European Recovery
prospect for any substantial improduction in the immediate future.
of
of
sales—
of
and
$576,210
From Jan. 1—
Net
higher
/
JUNE
principal
our
little
be
retail
Surplus
$699,457
253,661
income—
to
sales—
administrative
and
Profit
1,069,901,744 989,400,342 600,204,314 665 525,555
inc.—
1,002,212
541,974
390,648
319,520
miscell.
Common
1948
railway
oper.
of
one
ENDED
1948
sold——7—
on
expenses
Gross
others in the industry
design and the excellent quality of
Chrysler products."
income
$960,626
September—
from railway——
Gross
trend
by
sell.,
Chicago & Illinois Midland Ry.—Earnings—
Net
of
the basis of prewar prices.
of materials and supplies
on
cost
a
scarce
1359.
168, P-
the
to
volume
the
the
in
nounced
1945
140,891
*105,661
income
oper.
the
in
of
seems
"Meanwhile,
Divs.
railway
•Deficit.—V.
additional
on
substantially the same restricted basis as
due to material
shortages and labor .disputes.
contemplated national delense requirements and' the
diversion
provement
$2,074,188
261,352
158,602
$2,137,102
155,445
in
indicate
Total
1946
$2,284,592
goods
profit
General
year
of
there
Program,
expenses
24,045,892
4,225,527
railway
from
Net
plants
YEARS
FOR
same
continues
last
face
continued
Cost
From Jan. 1—
Gross
the
"During the third quarter,"
an
,
Exps. of admin., engin.,
24,140,209
175,836
income—
oper.
nine
first
lor
they are introduced.
"Production
prevailed
Int.
1,671,628
20,497,279
1947
1948
$2,766,532
497,484
September—
from railway—ry.
the
*
serve
Net
for
695,219
produce
to
the
in
program
advance
factors
These
Portion
Gross
comparable
a
creeping
tinues.
of
Gross
Cost
the
or
bringing out new models some time early in 1949
progress," Mr. Keller wrote.
"The cost of this new model
will be in the neighborhood of $75,000,000, far in excess of
in
change
Chicago & Eastern Illinois RR.—Earnings-
from
strike
a
$
—V. 168, p. 1359.
Net
unable
were
trucks
with
Peabody & Co.,
Corp.,
$13,005,081
Gross
Net
178,072,704 156 ,167,559 146,219,289 189,520,333
53.900.980
51 ,507,828
42.854,104
79,086,437
railway——
oper.
ry,
compared
as
.
Kidder,
V
,
months
nine
with $47,873,089
ACCOUNT
INCOME
.
"Preparations for
are
Fed.
railway
from
from
Net
stated, "we
cars due to
(Including
From Jan. 1—
Gross
first
Halsey,
,
2V2S, the bids were:
as
Sales
Selling
and
cars
passenger
693,559
decrease of 1,660 units.
a
the
for
compared
'
COMPARATIVE
1947.
9 Mos. End. Sept. 30—
1945
1946
1947
1948
oper.
States
of dividends
Accounts
railway—— $21,120,128 $19,280,044 $16,341,213 $18,563,710
4,449,780
5,831,341
6,473,365
5,981,535
railway
from
Net
earnings
as
CONSOLIDATED
from
Net
of
were
Co.,
Chicago Burlington & Quincy RR.— -Earnings—
September
Gross
Keller
$59,887,601
Chrysler
1948
passenger
Oct.
on
dent.
directors
Mr.
foreign
States,
to
coupon.
Club Aluminum Products Co.—Annual Report—
$52,568,683 or 4.91% on sales as com¬
on sales for the same period in 1947.
subsidiaries are added to the company's
United
the
amounted
1948
first
29 elected Walter J. Tuohy, First
Robert J.
Bowman,
President, was
elected Chairman of the Executive Committee.
»
The board also authorized the issue and sale of $40,000,000 25-year
refunding and improvement mortgage bonds to reimburse the company
in
part for capital expenditures heretofore made.
The new bonds
will have
a
1%
sinking fund, and will bear interest at the rate
specified by the successful bidder under competitive bidding.
A dividend of 87Vi
cents per share on the 2xk%
convertible pre¬
ferred
stock and a
regular dividend of 75 cents per share on the
common
stock was also declared.
The preferred dividend is payable
Feb.
1, 1949, to holders of record Jan. 7,
1949, and the common
dividend is payable Jan. 3, 1949, to holders of record Dec. 7, 1948.
J. W.
Bahen, it was announced on Oct. 30, has been appointed
Assistant to
the President, in charge of Coal Traffic and Develop¬
ment.
He
was
Assistant to the Vice-President in charge of Coal
Traffic and Development.
Mr. Tuohy was formerly Coal Vice-Presi¬
The
United
owned
exclusive
1948,
23/k.
were
dividends
income
of
President.
as
wholly
These
powdered
'
of
23a%
included:
99.217 on a
sale.
Wood, StrUthers & CO.,' 99.7399; Equitable Securities
99.58196; Harris, Hall & Co. (Inc.),. 99.159.—V. 168, p. 1796.
suppliers.
directors
of
board
The
Oilite
the
99.774;
with $46,863,476 or 4.74%
net
Approved—
Vice-President,
months
When
etc.—Bond
Ry.—New President,
Ohio
&
nine
subsidiaries,
foreign
period in 1947,
Issue
first
engines,
marine
products.
corporation and
its
the
for
and
Cycleweld
pared
i$5 par) common stock.
to stockholders of record
1252.
p.
industrial
and
a
Inc.,
certificates
the
For
these
bid of
on
at
received
were
99.213 for 23/as; Salomon Bros. & Hutzler, 99.02
Harriman Ripley & Co., Inc., and Lehman Bros. (Jointly),
for
99.0133
stockholders
in
bids
Co.
&
2%s;
for
awarded Nov. 1
was
other
Stuart
three-quarters of 1947, K. T. Keller, President, announced Nov. 3
in the company's 1948 nine-months' report.
Included
sales are
automobiles, trucks, automotive parts and acces¬
sories,
Airtemp
products
comprising
air-conditioning,
heating
and
to
.
Central & South West Corp.—Registers
during the first nine months of 1948
compared with $989,400,342 during the
as
issue
The
Seven
products
$1,069,901,744
Monday, November 8, 1948
CHRONICLE
first
A
Co.,
and
all
amounted
equipment trust certificates, to be issued by the New York
as equipment trust
trustee, and sold at 99.5379% of par
accrued dividends in connection with the procurement of certain
series
Trust
of
obligation
assume
FINANCIAL
&
Chrysler Corp.-—Quarterly Report—
Central Railroad Co. of New Jersey—Equipment Trust
v
COMMERCIAL
THE
(1900)
to
—
-—
—
——
77,500,000
45,000,000
30,000,000 shs,
$18,000,000
77,500,000
45,000,000
13,452,874 shs.
proceeds from the sale of the additional common
the general funds of the corporation and from
funds the corporation will finance the 1948-1949 con¬
struction program of Columbia Gas System.
A portion of the required
funds was provided by the sale on April 1, 1948, of $45,000,000 of 3'/4%
debentures of the corporation.
It .is anticipated that in addition to
the funds which will be provided by the sale of the additional common
stock and from operations, approximately $35,000,000 must be raised
from the sale by the corporation
of additional securities to complete
this construction program as now contemplated.
The type of such
securities is not presently known.
Expenditures for construction and gas storage for the years 1948 and
1949 are estimated at $114,630,000.such
general
,
Clinchfield RR.—Equip. Trusts Offered—R.
Chilean Nitrate & Iodine Sales Corp.—Tenders—
Notices
inoome
before
of
acceptance
(dollar)
Nov.
payment
to
8,
or
rejection
debentures
1948.
due
of
June
Debentures
tenders
30,
accepted
1968,
of
sinking fund 5%
mailed on or
were
should
be
delivered
for
the
Guaranty Trust Co. of New York, 140 Broadway, New
on or before 3 p.m., Nov. 17, 1948.
The com¬
pany had offered to receive tenders up to 3 p.m., Nov. 3, for the sale
York, N. Y.,
promptly
to
it
V.
168, p. 1796.
of
said
debentures
at
a
flat
price,
excluding accrued interest.—
W. Press¬
The company
prich & Co. and Freeman & Co.
Trust
000 2%%
holders'
on Nov. 3 offered $1,320,equipment trust certificates at prices to yield
from 1.55% to 2.675%, according to maturity.
The
certificates
inclusive.
They
mature
$88,000
annually
Nov.
1,
1949-Nov.
1,
unconditionally guaranteed as to principal
dividends jointly and severally by the Atlantic Coast Line RR.
Louisville & Nashville RR. by endorsement.
are
1963,
and
and
the
Co.
of
announced Nov. 4 that it had been advised by Guaranty
York, agent for the corporation's recent stock¬
that several days would be required to complete
of the corporation's common shares which were not
New
offering,
allocation
rights. 86,262 shares are to be allocated
for an aggregate of 1,205,335 shares
subscription privilege
of the
offering.
The
allotment is to be based on the number of shares purchased through
purchased by the exercise of
to
persons
under
the
the
exercise
who
subscribed
additional
of
rights
by
persons
also
subscribing
for
additional
168
Volume
and it appears that those persons will receive a number of
equal to approximately 18% of the number of shares which
through the exercise of rights.
Thus, a person who
shares,
shares
they
THE
Number 4749
|
purchased
exercised
had
shares
not
rights
under
than
more
100 shares and subscribed
subscription privilege
for
for 300 additional
would
additional
the
allotted
the additional
against
shares
18
approximately
be
sub¬
COMMERCIAL
Gross
from
Net
from
Net
ry.
'
$3 609,629
926,393
751,898
666,714 *
408,612
735,534
399,878
44,762,'401
38,924,430
32,136,182
railway___
oper. income—
10,302,039
9,033,159
4,584,312
7,333,437
5,412,108
4,317,040
2,622,639
registration statement filed with the SEC Dec. 31, 1946, cover¬
ing 5,000 shares of 5% noncumulative preferred stock (par $100) was
3,743,933
withdrawn Oct. 25.—V.
.
,
gas from the Southwest will
help meet the peak demands of
coming winter in Ohio, Pennsylvania, and as far east as New York
State, Stuart M. Crocker, President, announced on Oct. 25.
additional
the
into
of
supply
1948
lines
this
of
natural
System
to
Net
ry.
—V.
168,
"The
management
Gas Transmission Co., one of the
suppliers, has assured us that the entire
pipeline of about 1,000 miles of 24, 26 and 30-inch pipe which
their original pipeline will be completed within a few weeks,"
said. "This will enable Tennessee to step up its deliveries
second
parallels
from
Net
ry.
that
ipeans
ft.
of
the
Net
from
Net
ry.
gas
a
previously anticipated 440,000,000
Crocker also
Mr.
with
the
ft. of gas a day."
cu.
the signing on Oct.
announced
Tennessee
Gross
25 of a
later.
or
Gardiner
Gas
See
Symonds,
President
because
of
supplies
of gas into
the
mutual
Approval of
worked out
was
both
of
effective.
is
Tennessee
Transmission
Gas
application with the Commission.—V. 168,,p.
filed
has
Co.
Salt
&
of
the
Commonwealth
companies,
week
ended
week
a
Edison
output
at
the
16
an
101
showed
23
Following
ago.
sales
to
comparisons
Week Ended
last
1948
23
totals of the
output
with
% Inc.
1947
Oct.
2
—V.
168, p.
__™_™_.:.
______________
—
213,693,000
213,040,000
Sept! 30—
212,856.000
9.0
213,962,000
7.7
sions
1692.
Commonwealth &
weekly
this
kilowatt
territory
corporation
served for
267,674
as
1947,
output
adjusted
the
compared
increase
an
Southern
hour
of
to
week
with
electric
show
general
Oct.
306.614,554
31,653,120
of subsidiaries
business conditions of
energy
28,
1948,
the
for
10.32%.—V.
or
amounted
168,
338,-
to
corresponding
week
(electricity
1948,
Nov. 3 announced
generated
and
Int.
that
purchased)
system output of electricity
for
the
ended
week
sale
V''
1948—9 Mos.—1947
4,303,171
370,132
1,149,212
$1,491,575
$5,761,602
31,373
$5,976,544
15,292,093
8,651
13,662,551
extent
Oct.
$1,945,323
$1,500,227
$5,967,975
$6,009,272
35,884
1,503
27,584
107,654
1,418
4,343
5,597
556,500
2,232,300
2,242,250
$1,205,706
$906,339
$3,703,748
$3,653,771
896,504
823,748
896,504
823,748
$1.34
$1.10
$4.13
$4.44
44,357
40,308
133,071
120,926
debentures.
on.
Miscellaneous
-
__
deducts..
Fed.
inc.—est.
taxes
on
>
Net
for
the
corresponding week of last year,
increase
an
profit
shares
per
Prov.
depreciation—
for
•This
Seeks Public Service Commission Approval of Bonds—
The
company
announces
that
Public Service Commission
York
$50,000,000
Proceeds
trfeasury
in
for
first
30-year
from
sale
of
the
expenditures
filed
it
petition
a
and
issue
Nov.
on
for
with
1
approval
refunding mortgage
will
involved
be
used
to
Jan.
Edison's
The
and electricity
proposed
in
bonds
the
metropolitan
construc¬
be
to
are
dated
area.
Jan.
1,
the
and
1949.
interest
prices and the price of the bnods will be established
competitive bidding or other negotiations.—V. 168, p. 1796.
after
Sales,
Sept. 30,1948—
deducting
cash
after
3 Months
9 Months
from
Net
from
Net
ry.
99,407
68,519
sales,
Cdsfci of
& other credits
revs.,
sales,
admin.
exp.V. 6,166,726'V 19,226,175
selling
&
$7,025,840 $21,378,376 $28,399,109
for
for
Federal
123,415
370,107
745,000
991,000
9,585
Other
income
tax__.
Net
charges
Net
income
•Is
equal
for
to
the
period.™™
cents
81
net
a
of
*$407,838
Net
from
ry.
$506,620
1945
Net
523,027
339,700
172,610
225,986
14,139
9,694,810
7,162,482
4,633,352
4,116,355
2,238,261
6,577,026
2.323.946
2,527,294
2,218,703
1,219,161
1.262.947
I
—V.
railway
railway
from
Net
from
Net
ry.
Gross
Net
income_
:
1948
railway
from
Net
ry.
—V.
75,384
.X,,\;[:u
%
ASSETS—Cash in banks and
AT
SEPT.
hand, $2,236,893;
on
30,
■875),
for
plant
additions
and
betterments,
railway
chinery
and equipment (after reserve
$5,687,993; prepaid insurance premiums
total, $18,383,783.
and
other
of
$266,945
81,106
7
48,809
income
company's
of
one
on
Gross
1,227,144
"
806,670
$14,500,000
new
the
Oct.
630,911'''
' '
is
in
now
reserves
for
$7,022,680;
stock
held
for
contingencies,
earned
in
surplus,
future
inventory price
$150,000;
stock
common
$6,891,838;
of
cost
decline,
$28,474;
254
($14
$500,000;
320,463
438,646
of
ry.
/
1253.
'
.
-
Dayton (Ohio) Power & Light Co.—Registers With SEC
The
SEC
The
company
covering
names
of
the
first
will
the
be
will
used
funds
a
registration
mortgage
underwriters
Proceeds
to provide part of
for
be
to
bonds,
the
Deardorf Oil
company
181,800
tional
on
A,
due
the
1978.
bank
loans
company's construction
and
program.
Corp.—Files With SEC—
Oct.
shares
(10s
26
filed
par)
a
letter
common
of
notification
stock
to
Underwriter, Tellier & Co. Proceeds
working capital.—V. 168, p. 1692.
Delaware & Hudson Co. (&
Period End.
Gross
Sept. 30—
revenues
' Net
From Jan. 1
it
was
an¬
ry.
will
offered
be
the SEC
at
$1 10
for
used
$488,117
34,597
$347,562
$342,371
122,429
23,384
87,937
*28,527
626
71,897
48,417
•Deficit.—V.
168,
4,011,971
3,043,995
1948—3 Mos.—1947
Canadian
$5,664,994
income
1,022,618
taxes.
26,911
Unempl. & old-age .taxes
559,193
addi¬
736.803
202,951
1948—9 Mos.—1947
,554,559 $16,126,795 $14,797,238
715,900
2,813,225
2,565,100
49,600
62,211
106,777
647,253
1,672,411
2,034,388
taxes
565,266
501,447
charges
640,155
665,594
'872,880
866,025
1,753,531
1,956,483
2,646,310
*68,467
Stock Split-Up
It
announced
was
Oct.
on
split-up
of
29
the
that
a
voted
to
the
increase
authorized
total
$4,000,000 in financing the company's present $7,000,000
expansion program.
Construction work on the program began in Jan¬
uary, 1947, and plans call for its completion and the new facilities to
be in service by January, 1950
It is expected that this will double
present capacity, which is in excess of 2,000,000 barrels per year.—
V. 157; p. 691.
The
Bank
&
Trust
the
Co.,
New
York,
N.
stock.—V.
common
has
Y.,
168,
The
company
for
6,000
per
share
on
shares
Oct.
($2.50
without
25
filed
par)
letter
a
common
underwriter.
of
notification
stock
Proceeds
to
will
be
be
with,
offered
used
for
$1,977,971
$1,108,740
$5,222,624
$3,867,682
SALES
AND
NET
1948—3 Mos.—1947
Net
-V.
1,543,937
2,014,335
tNet
$7,215,716
profit
Earns,
per
•Includes
income
163, p. 741.
the
equivalent
taxes.—V.
'."(d.
(M.
;
t
.-r>
yl
's.t-
w
X
*
%
n-!
non-recurring
1948—9 Mos.—1947
168,
of
p.
two
cents
1360.
1,696,821
*1,891,110
*$0.68
$1.88
*$2.U
per
of
common
approximately
share.
tAfter
of
9.74%
Octv 30,
over
1948.
the
to
same
period in
stockholders
of
1947.
record
'
.
Qn
the
$50 par 5%
cumulative preferred stock.,
'
.
period in 1947 by
1943—3 Mos.—1947
1948—9 Mos.—1947
365,173,260 319,878,332 T,'137,935,052 921,221,142
286,777,732
1,003,858,939
829,537,747
36,557,873
33.100,600
134,076,113
(net)
7,735,000
1,429,009
9,997,607
91,683.,395
8,688,393
44,292,873
34,529.609
144,073,720
100,371,788
15,000,000
14,774,051
income
int.
Min.
1481.
328,615,387
income
of
20.80%'."—V. 168, p.
(& Subs.)—Earnings—
sales
from
taxes
60,000,000 .41,383,698
3,750,000
reserves
—.—
& nonconsol.
interest
1,753
91,007
180,261
271,464
29,291,120
19.664.551
83,893,459
62,466,626
28,845,927
$1.02
income
$100,000,
charges
or
and
cap.
shs.
Earnings
PROFITS
$6,727,296 $22,160,510 $23,459,582
gain
$1.27
preferred stock from date of issue
on
oth.
and
income
Total
$12.50
*610.686
capital
$3,251,620
$0.33
common
28,845,927
$0.69
28,845,927
$2.91
28,845,927
$2.17
additional
$0.56
share_
_s
$883,640
for
on
billed™™
sales
Restor.
507,880
com.
on
same
Costs, exps.
charges
No.
CONSOLIDATED
paid
share
the
for
Net
Period End. Sept. 30—
Sales
452,000
______
the third quarter exceeded sales for the
16.49%." Net sales for the first nine months
sales
increase
an
company
•Other
SEC
5,.035,620
1,784,000
'
Period End. Sept. 30—
Net
-
the
at
net
ap¬
1693.
p.
•
1,335,640
1948.
showed
Income
been
______
General Electric Co.
Corp.—Transfer Agent Appointed—
Chemical
^
.
112,291,237
18, a quarterly dividend of 20c per ishare and an extra dividend bf
per share on the common stock,
and a regular quarterly dividend
sale's
about
Duro-Test
..
on sales trends, B.
C. Gamble, Chairman, states that
heavy receipts of farm implements, especially tractors, and
heavy shipments of major appliances should be reflected favorably in
fourth quarter sales.
Sales in the first two weeks of October exceeded
.from 500,000 shares to 1,000,000 shares, and to increase the authorized
indebtedness of the company to $5;000,000.
Borrowings'are expected
to
'
Commenting
stock
common
"
"Extra
1948.
stockholders also
___________
providing for dividends
of 62V2C per
313,732
outstanding shares of common
stock, one additional share to be issued for each share held on Nov. 4,
The
■
__i__,_™___—
.
period last year by
The
r
10c
the stockholders have approved
taxes
taxes
1948
Oct.
Approved—
•
,
—40,953,563
Consolidated
same
Duquesne Brewing Co. of Pittsburg
two-for-one
89
'9 Months
3 Months
;'.V
'
May 28,
of
and Debt Increase
'
■;
•After
on
1580.
p.
$.1.97
<;•%.'
.■
N. Y., has been appointed "suc¬
leasehold mortgage 7% sinking
":.
449,529
2,665,019
depl._
Trust Co., New York,
for $1,246,000 of first
bonds.—V. 136, p. 1032.
profit
:
•Earnings
per
share
on
2,482,448
shares outstanding on Sept. 30__
Fed.
Other
and
87
",'ui ,t.v££\
545.
Net
634,254
352,363
Ekco Products Co., Chicago, 111.—Files With SEC—
<'
Fixed
Depreciation
168, p.
trustee
Income
3,196,300
900,751
532,107
income
pointed transfer agent for
Subs.)—Earnings—
$1.88
93
taxes.—V.
Colonial
gold
Earnings before
1945
.
—
oper.
Oct. 6t'45
$43,016,102
2,937,535
747,343
$1.27
$1.12
in.oper.__-j.102
sales
Net
1946
4,775,616
.
Oct. 5, *46
2,177,354
2,044,963
share
Subsidiaries)
Oct. 4,'47
$92,751,034 $75,303,092
Gamble-Skogmo, Inc. (& Subs.)—Earnings-
Ry.—Earnings—
$547,602
froip railwayNet. from railway
3,804,752
-V-"''
-;V
_
Houston,
near
production,
working capital.
revenues
income taxes
S.
be
with
$27,717,671 $23,919,544 $80,768,963 $71,945,623
22,052,677
19,364,985
64,642,168
57,148,385
Expenses
U
with
through competitive
$8,000,000
per share.
„
series
determined
repay
statement
168, p. 1040.
The
for
filed
29
$15,000,000
bidding.
—V.
Oct.
on
■.
1410 Broadway Building, N. Y. City—Successor Trustee
cessor
1947
income-
oper.
Gross
common
p.
Wholly-Owned
__
of .-stores
fund
1948
value)
par
shares
treasury, Dr$3,793; total, $18,383,783.—V. 168,
'
Oct. 2,'48
."'(•After all charges and
168, p. 249.
railway
railway
from
Net
8,356,975
1,897,044
Inc.—Earnings—
$105,814,563
-
Earns, per com.
3,140,911
1,444,265
4,142,352
618,828
:
electrochemical plant
country's largest,
29.—V.
from
Net
LIABILITIES—Accounts
payablfe—trade,
$665,597;
accrued
wages,
salaries, and commissions, $367,431; accrued State, local and other
taxes, $303,106; reserve for Federal income taxes and wage
late inequities, $1,811,181;
operating, compensation insurance, etc., re¬
reserves
23,006,026
'
Light Cci.—Definitive Debentures—
(Including
•Profit1
6,823
general
$675,743;
194,140
19,506,998
1798.
'
Sales
No.
3,076,101
1,212,133
2,415,717
September—
Net
serves,
*269,848
20,365,031
3,044,765
*57,480
"v;
40 Weeks Ended—
155,093
4.075,627
Duluth South Shore & Atlantic
ma¬
$7,849,938),
expenses,
*279,937
sinking fund debentures due July .1, 1972, are now
delivery at the Central Hanover Bank & Trust Co., 70
New York, N. Y., in exchange for temporary debentures.
168, p.
..
buildings,
'
1945
$1,874,254
347,598
314%
V...
1945
'..
4,900,992
railway
open
nounced
United States Gov¬
$2,561,029; land,
for
depreciation
;
$1,629,898
99,413
Period Ended Sept. 30, 1948—
$1,081,246; inventories (valued at average cost or market, which¬
lower), $5,113,937; United States Government securities, set aside
ever
on
for
Broadway,
-~V.
The
ernment securities
receivable
the
A
was
:4
$1,790,484
21,962,353
3,799,649
1,621,805
Florida Power &
1948
(at cost plus accrued interest), $1,674,206;; accounts
(after reserves for doubtful accounts and discounts of
$152,-
per
24.
made
Nov.
1946
$1,733,458
23,378
*153,917
Food Fair Stores,
$373,924
,
168, p.. 1360.'
The
SHEET
ago
1947
1948
,
.
1581. v'v
168, p.
Definitive
1946
$372,199
122,506
20,071
205,106
income
oper.
1947
$494,143
railway
from
Texas,
BALANCE
cents
50
'
from
available
1480.
p.
September—
$1,325,893
CONSOLIDATED
tc
share on
of
per
record
1948.
44,937
1-r-
oper.
168,
1946
$942,675
388,934
11,519.687
income
oper.
Net
—V.
per share of common stock outstanding, and
$357,036 in the corresponding period in 1947.
$1,027,509
extra
railway
from railway
ry. oper. income
Net
,"
1947
$974,597
>
Diamond Alkali Co.—Opens Texas Plant—
compares with
50 cents
payable Dec, 10 to holders of
year-end payment declared a year
from
Gross
9,481
depreciation.
Provision
.312.000
15,861
Provision
25,579,304
493,431
of
both
railway
from railway
ry. oper. income
Net
567,201
From Jan. 1—
Total
right
Florida East Coast Ry.—Earnings—
RR.—Earnings—
$1,314,773
railway™
from
Gross
23,245
the
have
dividend
extra
an
regular quarterly dividend
September—
Detroit & Toledo Shore Line RR.—Earnings-
$7,002,595 $21,309,857 $28,299,702
shall
8
for
usual
Gross
1041.
p.
Nov.
common shares ($1 par), to
thr:
shares held.
The subscription price
four
quarterly dividend of $1 per share on the $4 cumulative
preferred stock was also declared, payable Dec. 15 to holders of record
Dec. 1—V. 168, p. 1144.
after deducting Federal
$131,250
168,
1948
railway——
From Jan.
12 Months
dis¬
counts," returns and allowances™
Disc, on purchases, int. & other inc.
of
Detroit Toledo & Ironton
Gross
Continental Steel Corp. (& Subs.)—Earnings—
Period End.
profit
thereto.—V.
record
23,
each
From Jan. 1—
Gross
redemption
rate,
net
a
applicable
September—
company
tion program and its debt retirement during the past five years. The
construction program has been required because of the growing demand
for gas
yielded
taxes
of
Nov.
the directors declared
the
stock,
2,
The
New
issuance
of
the
share
gain
income
bonds.
repay
Consolidated
in
the
outstdg
Earnings
or before
share for
3,
and
similar
31,
Com.
shares
common
one
Nov.
share
738,200
____
•»'
^
'
(The) Flintkote Co.—Extra Dividend of 50 Cents—-
32,728
175,000
income
l'...
.
Corp.—Rights to Subscribe—
is to be determined shortly before the offering is made.—V. 168, p. 1480.
amounted
kwh.
of
On
property
of
subscribe, on
1,041,512
$1,934,387
10,937
inc.
Holders
$6,164,878 $22,202,907 $20,680,607
Clave-
of
'
•
Ferro Enamel
.
4,981,992
389,454
exps._
& miscel.
on
land
*
-
common
0.7%.
of
$1.75
1948—3 Mos.—1947
sold—
admin.
earn.
•Gain
the
204,500.000
of
$1,700,143
948,007
$1.77
1796.
p.
to
229,600,000 kwh., compared with 222,800.000 kwh.
corresponding week of 1947, an increase of 3.0%. Local dis¬
tribution of electricity amounted to 205,800,000 kwh., compared with
for
948,007
$0.48
$7,305,832
products
Interest
on
$1,721,442
948,007
-'■
Operating profit
_
in
Consolidated Edison Co. of New York, Infc.—Output—
company
$467,771
Corp.—Earnings—
Share—
per
.
1948—9 Mos.^-1947
$0.47
earned
of
and
Total
The
trustee,
Co.,
$9.51
of
Nov. 29,
on
Trust
1
Terminate Trust
stockholders at a special meeting to be held
1948, of the dissolution and complete liquidation and wind¬
ing up of The Fajardo Sugar Growers Association, the termination oi
the trust created by the trust agreement executed on March 19, 1919
and the distribution to the beneficiaries of such trust of the net pro¬
ceeds in the hands of the trustee, a distribution of $9.51 per share will
be made on or about Nov. 30, 1948,
to holders of common stock oi
record Nov. 8,
1948.
The amount of such distribution may be de¬
creased by the payment of any unforeseen expenses or taxes.
The stock
transfer books will be closed between Nov. 8, 1948, and the day follow¬
ing .the final adjournment of the meeting.
The New York Stock Exchange on Oct. 29 directed that The Fajardo
Sugar Co. of Porto Rico common stock be not quoted ex said distribu¬
tion until further notice; and that all certificates delivered after Noy.
8, 1948, must be accompanied by due bills.
%
Each stockholder of The Fajardo Sugar Co. of Porto Rico is a bene¬
ficiary of the aforementioned trust.
The stockholders will also consider approving a proposal to transfer
the assets of this company, other than stock of Fajardo Sugar Co., to
Fajardo Sugar Co. (a subsidiary), dissolve the parent company, and
distribute the common stock of Fajardo Sugar Co. in exchange for the
common stock of
the parent, share for share.—V. 168, p. 1798,
Subject to approval
1480.
p.
948,007
sh.
Corp.—Weekly Output—
of
ended
289,000
Period End. Sept. 30—
Net
sales and commisCost
The
2,908,945
$456,282
Detroit Steel
'
'
•
$4,199,778 $17,188,432 $14,878,142
753,771
1,810,442
2,742,143
286,000
1,089,000
1,042,000
745,282
stock .outstdg._
Sell,
of
168,
1948—3 Mos.—1947
$4,961,087
profit
profit per com.
—V. 168, p. 1360.
8.5
232,032,000
230,535,000
16
9
below.—V.
Ry.
after' charges
income taxes—
Common
676.
p.
Fajardo Sugar Co. of Porto Rico—To
interest.
—__
Net
9.7
234,374,000
231,126,000
__
Oct.
Oct.
5,830,766
5.393,400
that this company has recently split up
value capital stock on a four-for-one
par
no
'
'
outstanding 4%
first mortgage gold
bonds,
1950, have been called for redemption on Jan. 1,
Payment will be made at the office of
1,
and
Net
year:
40,295,430
9.488,952
152,
Pa.—Splits Stock—
4
Nov.
on
outstanding
19,000
and Make Distribution of
Lake
Federal
corresponding
the
over
the kilowatthour
are
past four weeks and percentage
Oct.
increase
41,875,728
9,157,296
company in Denver, Colo., or at the Bankers
Wall St., New York, N. Y.—V. 167,
p. 153.
Profit
and asso¬
utilities, for the
Company
electric
other
9.7%
a
Edison
reported
was
its
Detroit-Michigan Stove Co.—Earnings-
1692.
Co.—Weekly Output—
Commonwealth
excluding
Oct.
year
of
Erie Coach Co., Erie,
It
638,180
$1,500,000
A, due Jan.
next,
Period End.
Electricity
1,013,859
Called—
Sales
ciated
1,-485,123
684,733
Denver & Salt Lake Ry.—4% Series A Bonds Called—
to make this
required
$5,046,416
49,625,306
14,401,717
income.
oper.
or
1946
$5,351,873
1,150,246
Oct. 28, 1948, the System input of subsidiaries
amounted to 77,024,000 kwh.; an increase of 11,18.2%, over the corresponding week of 1947.—V. 168,
corporation
basis.—V.
series
to
soon
as
Commission
Power
'
railway™
railway
Denver
All
with
Transmission Co.,
deliver increased
as possible.
companies
the Appalachian area
cooperation
in
Gas
the Tennessee
of
desire
the Federal
contract
new
Transmission
acceleration
This
-__
income
from
Bonds
contract
new
Co., which will bring an addi¬
tional 100,000,000 cu. ft. a day into the Columbia System by the fall
of 1949.
Mr. Crocker said that this takes the place of a previous con¬
tract under which
Columbia would not have received this gas until
1950
railway
tia
•
1797.
p.
1947
$6,401,339
; 2,013,985
From Jan. 1—
day from its three Southwest pipeline suppliers instead
to
RR.—Earnings—
1948
-
railway—.___—
oper.
350,000,000 cu. ft. a day before December.
This increase
the Columbia System will then be receiving 515,000,000
to Columbia
cu.
from
Net
Crocker
Mr.
of
Gross
this
908,000 kwh.,
Denver & Rio Grande Western
September—-
Tennessee
of
principal
System's
.
week ended
the
For
of
the
Columbia
*
Electric Power & Light Corp.—Weekly Input—
1360.
p.
1797.
168, p.
!
.
from
,
The
35,468,345
•*
5
Edelbrew Brewery Inc.—Registration Statement With¬
drawn—
1945
$4,124,553
railway
oper.
from
Net
Signs New Contract—
An
income™
,$4,344,065
857,182
(1901)
■
194d
1947
$5,237,693
1,376,239
railway
CHRONICLE
Corp.—Earnings—
1948
railway—„
'From Jan. 1—
Gross
flow
FINANCIAL
Delaware & Hudson RR.
September—
scription.
:
&
per
•Includes
outstdg.
share
earnings, of $6,525,310 In
September, 1948 and $5,306,835 in February, 1947 received in connec¬
tion
with
the liquidation
of G. E. Employees Securities Corp. and
Electrical Securities Corp., respectively.
However, these amounts were
less than the amounts by which the earnings of other nonconsolidated
dividends,
the
affiliates
for
dividends
received
p.
1798.
first
from
nine
such
from
.
prior
years'
months
of
1948
and
affiliates during
1947
these
.
exceeded
periods.—V.
■■
the
168,
C
Preferred
expired
and
Rights—
30
Sept.
record
of
stockholders
common
Rights
5.
purchase up to one share of
the new common stock for each share of preferred or common held.
Stockholders were given the privilege to subscribe for as many shares as
they wished and, if their subscriptions exceed the number of shares
Each
the
had
stockholder
right
to
distrbution
order
of,
the
of
stockholders
shares of the company's authorized but unissued '
stock at $1 per share. . These warrants will initially
be in registered form but will be exchangeable for warrants in bearer
form at any time after Jan. 1, 1950 and prior to Jan. 1, 1954.
,
All of
the warrants will
expre on Dec. 31,
1953: unless exercised
prior thereto.
The underwriters .will leceive no other compensation
but the company will assume and pay the expenses incurred, in con¬
nection with the distribution of the 295,000 shares of common stock.
The funds received by the company from the issuance and sale of
the new shares will be used for general corporate purposes and they ;
may
be applied,
as required,
to the payment or reducton of the
company's outstanding indebtedness.
However, since it is important
that as large a
portion as possible of these funds be retained and
used as working capital, directors arranged for deferred payment of '
the major part of the company's indebtedness.
This will permit deb!,
payment to be made for the most part out of inventory liquidation
and profits from future operations.
to
($1
par)
45,000
common
—V.
sales
Total
expenses
Period End.
Railway
oper.
Net
income
Net
loss
incl.
deductions,
Other
in
.—
—
of
excess
_•
;
ing Act
,
ac¬
-V.
168, p.
period
—
—_
Equip,
-
Vice-President.
tive
Kindl
Mr.
58,248
6,461
64,143
59,599
5,570
0*14,335
Dingier,
health,
of
reasons
(net Dr)_
1,979
10,246
2,018 V.'
•.
Vice-
'
20,530
*$41,016
<■$34,742
•
-
•
of
2.141
-$1,528
<■$41,382
,V-*$36,820
*$74,551
-10 Days
1948
168, p.' 1799.
168,
from
Gross
from
Net
Net
annual
*No
ry.
*
railway."...
further
being
on
goes
"Production
is
hoped
trucks.
Deficit.—V.
is
between
contemplated
that
25,000
of
some
this
and
35,000
*
1"66,
After
—
will
production
be
the
—V.
material
168,
availability
and
other
considerations
at
The
or
electric
output
amounted
9.2%,
to
the
over
of
this
for
company
156,730,411
kwh.,
corresponding week
the
week
-
increase
an
of
-
ended
last
year.—V.
168,
Profit
from
operation—
$4,811,102
$4,583,932
749,680
791,056
Depreciation
from
.
■
■
■
.
Net
*
profit
24,286
$3,876,461
$3,251,116
$3,685,031
105,363
143,250
_
$2,446,585
amortization of
Includes
tAfter
>
$3,660,745
70,153
deducting
contracts.—V.
p.
$2,271,060
$1,864,388
326,769- >
2,315,658
$1,042,604
special plant facilities of $370,653 in 1945.
provision for renegotiation of ■> government
estimated
168,
1,243,478
1799.
Bank
N.
at
the
of
1956,
are
to
an
-
:
Manhattan
Company,, trustee, 40 Wall St., New York,
18, 1948 receive tenders for the sale to it
obtainable,, of first lien 6% -gold bonds, due Sept. 1„
amount sufficient
presently issued
bonds.—V.
149, p.
to
exhaust
the
sum
of
$30,000.
•
',
,
,ij
.
.
ASSETS—
-
There
Georgia-Pacific Plywood
Lumber
&
;
Cost
of
_f
r——
•
Balance
Provision
Minority
1,316,174
6 2i9A'70
J w 017
Dr21,388
-
income—net
Cr23,756
$6,198,082
for
taxes
interest
on
in
subsidiaries
;
•
-
*
70.225
♦Based
on
$2,924,952
common
740,000
share
common
—
shares
now
.
.$3.89
outstanding.
$201,525
- '
'
•
'
35.294
$1.69
$1.71
$539,421
$274,176
2,026,449
T—■—
./ 1,062,565
1,433,900
-investments, etc.—L~
subsidiaries
in
-32,473
40,175'
——-
2,000
.-
—
excess
profits
Equipment
Deferred
refunds
net
and
taxes
of
Federal
$1.41
against
shares, 56 cents against 31
34 cents against 26 cents and tobacco shares, 24
21 cents* petroleum
steel
shares,
cents;
cents
18 cents.
That portion of the
against
total amount declared as of Oct. 28 represented
all classes oi the fund (which is equivalent to
stockholders of Group Securities), was the
largest
in
the history of
the fnud, amounting to approximately
$1,149,000.
The dividends just declared by the directors bring the
payments made since the inception of Group Securities to over $28,*
584,000.—V. 168, p. 136.1.
.
!;v
by, regular dividends on
the
net
income to
the
.
RR—Earnings—
$6,825,653*
Net
ry.
$6,172,502
1,459,743
,
2,055,125
income—
962,012
493,851
36,226
60,027.713
15,729.343
53,627,353
47,431,285
13,357,896
5,377,196
6,777,516
5,136,362
*1,017,381
oper.
From Jan. 1—
railway.—-4—
from
Net
railway
from
Gross
ry.
v
income—_
oper.
*Deficit.—V.
168,
$5,508,417
$5,179,431
789,715
railway—-—-
from
Net
1945
1946
1947
1948
September—
•
from railway—
Gross
?
846,112
:
139,113
,
57,311,601
17,828,803
6,159,798
1799.
p.
Service Co., Inc.—N.
appointed
New
Co.,
Y. Transfer Agent—
York. N. Y.. has been
V. 168,
the common stock.
transfer agent for
York
Newc
Trust,
&
Bank
Chemical
.The
.
Hammermill Paper
Co.—Stock Split-Up Ratified—
30 that the stockholders have voted , to
common stock front 200;000 shares, par $10
outstanding 180,000 shares) to 600,000 shares,
par
$5, and the proposal
to split the common stock two-for-one.
It is
expected that the split-up will become , effective on or about
It
announced
was
which
(of
Oct.
on
authorized
the
increase
to
there
are
leased
_____—r-_—
Total
$5,107,309
$4,589,964
Trade
income
$20,000
$780,000
Common
for
payable and
liabilities"——
without par,value, (issued
117,,-
;■
.
125,000
75,000
1,309,$12^
.70,000"
'
1,152,338
'''
70,000'
555,145
__i*,
shares at cost
Total
—
'Represents
whose
assets
555,145
Dr590,937
2,498,418
able
of
rentals
$5,107,309
ownership of capital stock of subsidiary
of real estate (branch-store
$4,589,964
companies
land and
with mortgages pay¬
$328,144.
The real estate is under lease to the company at
adequate to cover the expense and amortization requirements
buildings)
of
100%
consist principally
valued after depreciation
the subsidiaries.—V,. 1.65, .p.
2001.
at $327,505,
.
1948
after
charges
—.
1947
348,500
$5,811,760
601,473
230.800
$566,493
$370,673
$0.39
$0.27
914,993
stock
profit
—
Earnings per share.
.
before,'Nov. 20, the
per share declared
stock, such dividend will be paid at
common
par
cents
25
is
per
will
be
dealt
still
in
share of
paid on Dec. 10,
on the New
York
(M. A.) Hanna- Co.—New
Director—
,
Cleveland Construction Co., has
been
elected a Director, succeeding Richard F. Grant of New York
City, resigned.
' ■
•"'** '
!*, '
Mr.
Bicknell is also a Director of Shattuck-Denn Mining Corp. of
New York, wnich operates copper, lead, and zinc mining properties, in
the
Southwest, and of the Cleveland Storage Co.-..'..;- * *
Jr., President of the
CONSOLIDATED
,
■
Period End. Sept. 30—
Net
inc.
Int.
on
after
chrgs.
—V.
per
168,
1,952,539
343,478
900,263
$2,182,480
$6,502,418
$5 214,971
99.880
1,236,557
824,371
(est.)
30———
com.
p.
9.600
2,062,208
2,279,884
$2,552,749
inc.
dividends
Sept.
785,373
14,400
4,800
1,169,796
1,542,159
i 439,540
532,276
interest
profit
Earns,
4,809
892,528
1,180,183
debt-
paid—
Com.
dividends paid___
Common
shares
issued
Pfd.
INCOME ACCOUNT
1948—9 Mos.—1947
$4,485,929 $11,759,173 $9,158,809
1948—3 Mos.—1947
$5,162,542
deplet;.; & amort.
taxes .on
Net
all
long-term
Deprec.,
at
"Net
'*
shares are. issued off or
cash dividend of. 50 cents
"new" split-up common stock. The
1948. If the "old
common
Curb Exchange on Nov. 16,
1948, it will be quoted "ex-dividend11 50 cents per share on said dftte.
If the
"new" split-up common stock has been admitted to dealings
on the
Exchange by Nov.- 16, it will be quoted Mex-dividend" 25 cents
per share on said date.—V. 168, p. 1693.
• v-,',.
of
dividend
Minority
$7,152,561
Profit
"old"' $10
rate
cateh
Fed.
Goebel Brewing Co.—Earnings—
Three Months Ended Sept. 30—
par
the
for
Warren Bicknell,
'*
2,592,565
Dr590,937
i._
shares)
696
'
•
accrued
contingencies—
stock,
•
1,075,724
collateral)—__
taxes___-
accounts
Reserve
as
$5
new
date
the
on
•
the
•
record
the
-
'.counts receivable pledged
Federal
100,899
.
-
x
722,067
815,432
121,288
payable to banks———
*,
payable to banks ($1,311,859.36 time ac-
Loans
If
propr——-
:
15.
Nov.
85,000
of prior years
improvements
charges.
and
income
$1,089,877
-
.
the total dividends de¬
against 27 cents; electrical equipment shares, 61 cents
food shares; 35 cents against 26 cents; industrial machinery,
cents against
43
1947
v 1948
-■ *
—»
shares,
.
JULY 31
'
v
hand
on
.03-
including regular and extra, were larger during 1948 than the
payments voted during 1947.
. ..
.
Among these are aviation shares on which total dividends amounted
to 25 cents this year againiit 16 cents last year; building shares, 44
$120,923
2^441,427
and
.06
.
80,602
(net)———-T——-
deposits
Provision for taxes
Net profit
♦Earnings per
,
BALANCE SHEET,
756,671
'778,056
...
$1,91b,773
2,495,074
income
--
17,647
'
.10
investment income.
net
classes of
majority of
a
.07
■
Estimated
,
12,498,195
NOTE—On
tFroni
.005
--
clared,
P..1799.
—•
Miscellaneous
-1947
2,908,543
L
1
profit
or
•
•
$35,505,543 $15,707,386
expenses
37,438
,
Subs.)—
26.377,530
Selling, general and administrative
Operating
*
"1948
sales—____
Other expense
(&
*
9 Months Ended Sept. 30—
Sales—net
Co.
,
—:
—
Eqrned surplus
i
.
$119,321
share—
receivable
profits.
net
Gulf Public
.
Cash—demand
—
—
-
-
:
.08
.015
.0L5
06
.025
—
1—
.04
.08
-055
.075
—
Net
'
i '.*"
applic. to-prior yrs.
adjusts,
Treasury stock—47,108
Earnings—
70,199
73,142
.
Inventories
$164,087
$122,264
$192,463
income
paid
and outstanding $731,500 principal amount of said
577.
1948
1947
$15,275,307 $14,086,437
15,153,043 13,922,350
-
taxes———_i__
El ABILITIES-
Sought— '•*
Y., will on or before Nov.
the lowest prices
.
provision for Federal inc. taxes_
per
Notes
Genesee Valley Gas Co., Inc.—Tenders
Report-*-
(net)_**—■
income, bef.
Net
*1,255[789
$3,180,963
1,500,038
policy adopted by the
a
-
83,585
1,595,861
'■
'
*
conformed to
28,
■
$3,792,876
taxes.
10 cents
compared with 65 cents
as
"
CONDENSED
67,500
income
share,
"
$3,973,493 1$4,916 534
Stock——
.14
.05
.01
.09
—-03
—
.08
-07
—
!—•:
Gulf Mobile & Ohio
Provision; for: Federal
*Investment
Prov. .for
last
—
.09
.07
50 cents;
quarterly dividend of
a
.03
—
Steel
cents
operations..————__
income
Earnings
$4,109,946
Profit
r '■[
.;
when tiie .directors agreed to decide
following the close of the quarter,
month of the year as previously.—V. 168,
July 31—
Income "before
*
1799.
$4,061,422
Bond interest
$0.13
month
the
-_r
—.—
—
Petroleum
1946
96.475
'
48,524
—
income
Railroad
$2,667,564
Sales'(including leased departments' sales)
and operating costs and expenses.
Net
1945 ' *
792,530
1,961,618
V 589,286
$0.37
Merchandise
Accounts
Profit
Other
1946
••
691,423
;
:
Years Ended
.
(& Subs.)—Earnings
1947 *
1948
Bond
283,907
Gilchrist Co., Boston—Annual
-
^
kwh.,
p.
pfer
Oct.'29
■
of
General Steel Castings Corp.
in
the
in
1361."
Dividend
9 Mos. End. Sept. 30—
60 cents
on
————
.10
.02
06
.08
—
:
Merchandising
Equip.!
$3,283,307
charges.
declared
29
.*_.—■—
Railroad
182,639
$0.23
-
■
meeting held Sept.
than
rather
p:
29,
Oct.
-13,144.752
a
actions
Profit
1948
taken
action
'The
dividend
4
Priced-
Railroad
.14
.11
08
—
5,073,467
.12
——
Co
4,125,949
1947
.015
.14
—___-—11
Bond
Mining
.10
.025
.105
——
49,648
158,427
.09
.075
Bond
199,203
ex¬
*
General
Low
.15
.15
;_
Admin
Fully
.08
.oo
31,505
.
1347.
ill
board
permit."
Corp.—Weekly Output—
1,
—
r
.14
.005
.075
—
Equip
.13
.02,
-14
-——^—
Utilities
other
Oct.
on
4-
.11
.11
.11
—1
;
*27,557
Quarterly Dividend of 10 Cents—
directors
Other
General Public Utilities
.
_l*l__-(;!.ll
Tobacco
„___
all
and
taxes
1798.
p.
374,603
-t-,—-r_i—C
will'amount to
year
occupation authorities within the limits of United States and Allied
as
$520,399
share an the capital stock,' payable Nov*/30 to holders of record
Nov. 15* Payments previously made this year were as follows: Jan. 15
and April 30, 20 cents each;
and July 30, 10 cents. Payments this
.
ported, for the most part to other European countries.
Export per¬
centages, and allocations to particular markets will remain under the
control of the occupation authorities,
Increases may be authorized by
policy
Elec.
Food
v
1361.
p.
share.
per
Declares
and
cars
Quarter Dividends—
Chemical
1945
,
$3,159,022
The
in
somewhere
1,376,271'
income—.
oper.
*Net earnings.
.
is
1949
statement with thp SEC
declared' payable Nov. 26, 1948, to
V'h>
:K!,: < V;
Total
•'.**
tRegular .'♦Extra ■
.11*
•___
Building
per
small volume.
The announcement
„
/
,
.
,/
•
dependent upoh material availability.
It
say:
for
produce
to
It
to
produced
-
Registers With
—
of
;'p. vu'
J._"_—_—_i
Class—,
Investing
$393,641
4,545,477
984,264
243,329
5,398,232
1.
railway
Earnings
change in production plans .is in prospect.. The com- ■
continue to turn out a small, passenger car known as the i,
now;
shares
following dividends have been"
shareholders of record Nov. 12, 1948:
Agricultural
~
•
Sales
immediate
Olympia,
Co.
Brewery
Oct. 28 filed a registration
011
50,000
Industrial Mach._;
1946
Gerity -Michigan Corp.—Earnings—
r 1948 #■ =
71
the announcement said.
143,320
51,206
.
,Quar-ter Ended Sept. 30^-
production of 120,000 cars and trucks. Its present capacity,
loss of substantial facilities, is ample to meet the pro¬
currently contemplated,
company
"From
the
will
pany
-
.
-
1947$475,787
71,756
*8,565
1948
$547,892
railway*.
from
Net
the Opel company was originally purchased by GenMotors Corp. in 1929, and in the following decade-this concern
to be the largest European producer of automotive vehicles, with
despite
'1947
'
1948
'$2,266,'377'" $2,055,120
v
*
.
an
*
$47,700
1799.
railway—.*
from
of
duction schedules
The
Automobile
'oper.; income.
ry.
Net
hostilities, and subsequently a limited production 6f passenger
light trucks was undertaken.
The resumption of responsi- bility by General Motors follows the completion, qf negotiations begun'
some time
ago at the instance of the military authorities.
..
>
oral
End. Oct. 311947 ft
$54,775 *
,'
p.
-From Jan. 1—
Gross
and
grew
Western
Group Securities, Inc.—Four
.
*
of
.
V
•
The
Jan. 1 to Oct. 31—
■
Georgia Southern & Florida Ry.—Earnings-
Germany (U. S,i, as custodian, -throughout the, period
occupation.
Production,, of parts was resumed after the
Ownership
1581.
Institutional
for
American
end
cars
Ry.—Equipment Trust Certificates—
Oct. 22 authorized the company
as
guarantor, .in respect of not
5% cumulative convertible preferred shares
Edward D. Jones & Co: Most of the proceeds
a
portion of the long term bank loan , to
Hyde Park Breweries, Inc., with which company will merge, and to
finance expansion—V".
168, p. 1042.
' *
•.;*.• ■ '
7^-'"'
-
Control of Opel Firm Resumed—
*501,402
•
743.
168, p.
($30 par).
Underwriter,
will .be, used to prepay
*$72,410
■
2.078
Ope-l, A.G. has been under the control of the Office of Military
Adam
168, p.
covering
18,512
366
from
costs.—V.
effective Nov. 1, it -has resumed
management control of Adam Opel, A. G., located at Russelsheim, near'"
Frankfort am Main, Germany.
Edward W. Zdunek, formerly Regional
Manager for .Europe- of General Motors Overseas Operations Division,
has
been named
Managing Director of the company.
The board of
directors, elected last week, is composed of nine- American iepresenta- v
tiYes
of
General
Motors,
with Elis S.
Hoglund, Assistant General
Manager of General Motors Overseas Operations, as Chairman of the
Board.
r
:-V;:
Government
cf $168,395).—V.
SEC—
*$96,049
23,639
-
Georgia Power Co.—Registers With SEC—
.The company on" Oct.* 29
filed a registration statement with the
SEC
covering $12,000,000 30-year first mortgage bonds.
The names
of the underwriters will be
determined through competitive bidding.
Proceeds will be used to reimburse company's treasury for construction
corporation- announces ' that,
The
179,860
Sept. 30, 1947 a non¬
(including in the nine months ended
Griesedieck
97,855
18,120
•
4,779;
3,588
$1,799
September—
Management
*353,437
to assume obligation
exceeding $12,720,000
2%%
equipment trust certificates, to be .issued by -the First National
Bank, New York, as trustee, and sold at 99.608% of par and accrued
dividends in connection with the procurement of certain .equipment.—•
30,432
<■$55,272
<■$45,795
<■$1,789
.income-income
oper.
income
„
271
assigned to other duties..'
is being
1948—9 Mos.—1947
$5,739,046 $11,288,471
$3,925,540
37,749
Aviation
Hulgrave
for
(& Subs.)—Earnings—
Mos.—i-1947
$1,691,129
'.The ICC on
liability,
V.
$20,318
114,354
<■$36,642
7,135
$77,201
3,371
$10,436
Period—
,
F.
will
1145.
p.
1948—3
sales
Insur¬
1938—
*
E. Hunt, Execu¬
cents
20
of
amount. No distribution was made
be 45 cents per share, as against
like
168,
Great Northern
56,052
6,802
Surplus applic. to Int.
has been appointed Director of the Purchasing
and Salvage Section of the Procurement and Schedules Staff, effective
immediately.
Mr. Hulgrave, who has been Manager of Purchases of
the Cadillac Motor Car Division,
is succeeding H.. L. Dingier.
Mr.
Daniel
of
1948
for
profit
and
$166,401
$205,162
income-
—V.
with the Aviation Corp. as Executive
total
1947.—V.
in
dividend
extra
an
to
Great American Industries, Inc.
1,750,518
1.91E015
6,228
income
(net Dr)__
of
rents
Net, ry.
-
formerly was
President.
cents
declared
28
quarterly dividend of 5 cents per share,
stockholders of record Nov. 19. Extras of
paid on June 11 and Sept. 11, this year, in addi-*
were
The
.*Net. loss
6,472.
oper.
rents
fac.
Gross
Appointed—
joined the staff of the corporation as assistant to O.
,
„
regular
11
quarterly payments
recurring, income
1 announced that Carl H. Kindl has
Wilson, President, on Nov.
each
to
March.
40
1948—9 Mos.—1947
$2,116,177 $1,916,919
<'$20,582 *
$9,375
misc.
1581.
General Motors Corp.—New Official
,
quarter—
Goebel history. Barrel
$1,000,000 mark for the
in
exceed, the
,
Oct.
on
the
Dec.
in
>
Operating revenues.
C. -E.
and
payable
tion
Northern Ry.)
ry.
1937—
Nonoperating
$250,925
_
__
share
cents
5
<■Defic.it,
Net loss "for
,
third
20-Cent Extra Dividend—
directors
The
Npt
1948—Month—1947
$173,232
207,402
193,814
—
and
Act
ance
! Railway
154,977
'
quarter
any
period of 1948
1947.
in
the
for
sales
Federal Railroad Un¬
Deduct,
_
for
expected to
are
he added.
time,
per
Railroad. Tax-
Federal
895,947 '
.
highest
year
reported a 24% increase
as
compared with the
$14,222,311
with
barrel
that
1948
the nine-month
Sales for
compared
as
also
of
months
1947.
disclosed
the
the
Declares
both
accruals:
valorem
Ad
cooler reconditioning
cost of space
reserves
——
nine
Period End. Sept. 30—
$216,777
*-
from
operations
,
82,640
,——..—
—
———
—
first
.
exps
revenue
Railway tax
Jt.
Other
for
President,
Goebel
first
$17,634,405,
307,377—were
sales
current
Sept. 30—
income.*-'
oper.
Railway
$178,588
_
—
the
Anderson
Mr.
accrued liabilities,
employment
545,060
——.—
————
-
loss
Operating
$745,086;
(Including StatesborO
—$2,199,455 •>,
—1,832,983 •
—,1—-^—
Anderson,
for
Net
■—*.—?
——
—_—
_—
$902,021;
payable,
notes
of
168,.p. 846.
1948
EIGHT MONTHS ENDED JUNE 30,
EARNINGS,
STATEMENT OF
Cost of sales'-
totaled
Georgia & Florida RR.—Earnings—
,
Net
payable,
(contra),.$16,031;
authorizing the purchase of^
warrants
underwriters
these
exceed
not
sales
corresponding period of
dividends—payable Oct. 1, 1948
$840,111; provision for taxes on
income,, $3,075,370; long.rtenn debt,- $2,492,685;- minority interest insubsidiary
companies,
$3,945,701;
$2.25
cumulative preferred stock
(28,500 shares),- $1,282,500; common stock (740,000 shares). $740,000; '
capital surplus, $2,387,803; earned surplus, $3,422,434; total, $19,849,742.
counts
the
to, or upon
issued
will be
There
company.
maturities
LIABILITIES—Current
St. Louis, Mo., will
basis, the sale and
subscribed for by
Dempsey-Tegeler & Co. and J. W. Brady & Co.,
as
underwriters handling, on a "best efforts"
of
the
new
shares,
including those
act
in
(extending up to 18 years covering approximately 219,500
acres of timber),
$3; deferred charges, $18,168; goodwill (less reserve
for amortization), $1,365,994; total, $19,849,742.
purchase, any unsubscribed shares will be appor¬
in such amounts as the board of directors may
equitable before offering is made to nonstockholders.
and
fair
Edwin J.
SEPT. 30, 1948
SHEET,
and contracts
they are entitled to
tioned among them
believe
BALANCE
+ASSETS-—Cash in banks and on hand, $1,188,143; cash in escrowi
for
dividend
payments (contra),* $16,031; U. S. Government bonds, .
$4,481; ^accounts receivable—less reserves, $3,316,686;. inventories, $6,-;
900,802; prepaid expenses, $218,673; noncurrent receivables and
in¬
vestments, $712,240; land, buildings, machinery and equipment at cost
(less depreciation reserve), $3,111,976; partially cut-over timberland
—at cost, $4,000; timber and timberlands—including timber in process
of cutting—at cost
(*lessk depletion$2,992,545;' timber cutting rights^,
given
were
($1).
tcfsubscribe for 295,000 common shares at par
Nov,
CONSOLIDATED
St. Louis,
■ "
'
& Manufacturing Co.,
General Engineering
Mo.—Stockholders' Subscription
the right
1948
-Monday, November 8,"
(1902)
share—
1693.
.'
f 1,030,464
$2.38
•
:
-101,474
1,030,464
$2.02
•
299.640
304.421
2,060,928
1,648,742
-1,030,464
1,030,464
.
v-v
$6.02
$4.76
Volume
168
Number 47-49
1
THE
Harris Brothers Cp,, Chicago, 111.—Files With SEC—
'
The
for
company
in direct
out
Oct.
on
10,000 shares
of
proportion
letter
a
stock,
of
to be
notification, with the
offered
present
underwriting.
The
The
estimated
V.
.
.
company
Oct.
on
125,000 shares
will
and
&
Co.
of
filed
27
letter
a
of
notification
with
the
SEC
the
for
cost
of
be
$1,281,750
-<
bids
used
18
semiannually
buy
300
American
Car
$1,000,000
on
to
steel
Nov.
box
&
1,
1958.
at
cars
Foundry
Custodian
(&
"NineMos. Ended Sep,t. 30—J::' '
Net sales and oper. revs.!——-—
*
Profit
from
Restored
U.
'
.
Richard
The
Shainwald,
San
Francisco,
Total
Executive
according to S.
mcome-—
income
Marshall
Foreign
income
and
prof,
gain on inv.
88,603
of invests.- £>rl,780,715
121,256,869
107,571,096
86,902,503
11,370,884
12,044,855
12,383,152
realized
appreciation
———
assets
of
$1
—y; 168,
.
-
—
10,657,765 shares of $1 par value in 1948; 8,889,135
value in 1947 and 7,002,132 no par shares in 1946.
par
1146.
p.
;
of
Investors Management Fund, Inc.—Earnings—
Kempner, President.
Louis
65,825
6,896,856
88,618
$8,328,985 $10,057,668
328,080
328,080
$5,631,636
and
Taxes
plans, he said that these have not yet become definite.—V. 168,
1582.
p.
"Net
expense
$352,172
4,30.2
expenses
65,975
—
—,
Income
$!75,951
4,881
interest
and
miscellaneous
Management
1948
Sept. 30—
dividends
Income—cash
!
Fryeiy, Vice-President in charge of production, on Oct. 27
known his resignation from this
company.
Regarding his future
made
3,531,057
50,444
Resigns—
S.
!.
$281,316
$207,105
275,143
$6,173
-
Dividends
217,30i>
t$10,20l
—
.
Net
income
.*
-
Dividends
on
preferred
Dividends
on
common
stock——!.
stock.'—
2,765,091
Surplus for period
Earned surplus at begin! of period.
Earned
surplus
Common
shares
Earnings
per
at end
of
15,523,921
period- $32,012,153
"This
$18,852,412
2,633,420
2,633,420
$3.04
$3.69
1948,
$4,630,061;
mill
of
case
'•A
:
Net
.-A 1948
;
income.^—'
Cash
$83,773
dividends.—A-v50,004
52,768
None
Gross
%.
Net
Treasury savings ;.notes.^„7,000,000
1 Accounts receivable..-j.
10,078,147
supplies
and
work
in
process.——
products,-,
!_
assets.—..,..
——!l-yu__—_—
foreign subs, not consolidated...
charges.—
for
168,
"mo
tNet
330,386
profit
Number
"■"After
$2,378,153
3,718,778
—V.
$3,304,796
__
168,
share
in
share
on
the
"209,258
175,489
pl'd. 'stock
($100
stock
(2,711,336
surplus—......e
no
pgr)—!
109,360
9,619,400
The
Nov,
16,945,850
A—A.
4,112,456
D/T,577,475 Drl,577,475
$48,714,739
in
1948 and $44,823,780 in
1947.
shares preferred and 77,916 shares common.—V.
Division.
The
the
expanded
The
larger
quarters,
manufacture
of
amortization
^Represented
168, p. 1145.
by
of
in
New
York
Beisinger
circular
explained,
and
saws
168,
at
company
Nov.
on
filed
4
will
'
160,000 shares ($1 par)
class A stock
share.
Cantor, Fitzgerald & Co.,
Inc., is
per
system
in
The
wants
company
to
"develop
and
television
reception that uses a method
and
sight
images
in
a
central
room
for
"any number of rooms in the same building."
The
two
system
system
V
is
being
hotels
mere
and
'
in
used
New
is
one
Expenses
« Net
(&
5%
a
—
taxes—!_!•:
directors
9.
A
.
also
517,407
601,851
346,339
525,607
656,635
414,787
1,251,959
1,270,117
/ $228,796
$1,010,433
$748,162
Profit
after
!
■■
—Earns.
1948
1947
$299,696
business——A——,—
charges and taxes
$126,366
20,228
—
transfer
the
Hungerford,
same
for
the
period
in
President,
second
half
said
of
1947.V—Vv167,
1948
that
"it
will
is
declared
2361.
p.
"
the
/
volume
:The
and
ICC
011
liability
Oct.
in
22
authorized
respect
of
not
the.
company
exceeding
A
for
Interest
received
to
connection
1800.
with
•
the
;
•
procurement
\
"
.
-
of
certain
new
obligation
equipment trust
assume
equipment.—V.
per
and
by
last
as
without
on
corporation on Oct. 22 announced it has completed arrange¬
h'ith War Assets Administration for the purchase of machinery
the
the
for
year.
of
structure of
As
part
Toronto,
equivalent jn
,
London
A
A
share
per
the
company.
its
of
over-all
Feb.
on
15, Feb.
168, p.
15
16,
the
on
15,
July 15,
is
the
for
income
-
Corp.,
El
Segundo,
;
.
been
given
stock
at
price.
the
-
.
right
The
issue
September—
'
from railway
a
.
subscribe
Net
•"
•—
Net
Pro¬
ry,
from
Net
rv.
—V.
railway
$4,059,729
$2,697,061
575,094
347,701
Net
income
-it
and
—!_—__
$5,737,078
net
Total
Net
$5,073,959
1,924,698
on
exchgs. of invests.
on
gain
562,679 A
$3,885,549
on
invests.
undistrib.
net
485,159
$2,749,174
—
!■
!
.
investments
:
income—
realized
$2,750,424
1,417,245
4,262,056
12,099
l
895
$1,936,797
$1,417,245
Total
Fund
275,277
$1,936,797
1,865
$1,423,580
$4,261,086
1,332,204
shares
U.
Cash
Divs.
Due
S.
in
Govt,
bank
and
SEPT.
6c
bri
accrued
&
•
30
-
'
""
'
1947
'
"-
1946
$
demand
interest
deposit
receiv
securs.
sold—
To Pay
fixtures—nominal
mon
stock
val,
of
30,
net asset valuo
compared
$25.20
was
return
increase
the
of
close of
bond Fund
$2,501,995
the
B4
over
were
figure
the
previous
Fund's
$21,777,272
of
the
30,
increased
fiscal
of
$19.-
The
year.
high
grade
from
2,168,089
stock
Fund
Si
common
compared
1948,
2,353,916
to
shares
with
$3,229,289
increased
outstanding
a
during
were
earlier.
year
the
to
year
126,581.
43 Cents
fund,
30,
1948.
15,
bringing
series
that
been
S2,
A payment
with 83 cents in
Series S 2 Shares—
on
announces
share has
per
Oct.
the
total
1947.—V.
a
regular semi-annual distribution
declared on the Keystone income com¬
payable Nov.
of 42
cents
to
15
85
shareholders of
disbursed
was
for 1948 to
168, p. 1800.
Nine Months Ended Sept. 30—
income after taxes, depreciation,
Net
"Earnings per
cents
on
record
this issue
share,
per
on
compared
1947
$794,209
$4.60
$4.28
172,398 shares of
on
1948
$737,800
etc
share
common
common
stock.—V.
L'Aiglon Apparel, Inc.—Stock
the
on
168,
p.
46.
Curb—
corporation's $1 par common stock was admitted to listing on
York Curb Exchange at the opening of business on Nov. 3,
168, p. 1147.
New
Lake
$
from
1948
1947
1946
1945
$356,637
$466,279
$313,923
$384,713
142,997
ry.
railways-
261,430
151,052
243,621
railway—____
oper.
i"ncome_!_
74,370
147,232
82,887
135,605
2,969,700
2.829,486
1.609,412
2.313,720
1,289,445
1,368,768
347,644
1,148,617
692,664
723,014
107,790
602,547
From Jan. 1—
"
52,280,994
42,627,783
35,231,872
35,693,228
28,341,182
10,506,796
from
Net
'
Superior & Ishpeming RR.—Earnings-
September—
7,968,831
from
Net
from
Net
ry.
—V.
railway-
railway—
oper.
income—
166, p. 1363.
______
1,882,431
8,393,458
.
7,531,422
755,176
610,098
355,500
289,553
86,521
77,782
1
1
■
<
1
Langendorf United Bakeries, Inc.
121,256,869 107,571,096
86,902,502
Plan Effective
on.
Nov. 15—
The
plan of reclassification of the
approved
;
Sept.
corporation
cents
43
Net
168,
Total
high
outstanding
assets
net
from
130,418
Gross
3,998,160
for
period
same
1948,
-
'
15,322.212
—
bonds
from brokers
Furniture
—_
'_!
of
earlier and the
year
a
the
30,
Sept.
on
Keystone Funds B4
Fund B4
rose
to - $9.25
of
period.
2,727,324
63,777,465
stocks
bonds
the
an
at
of
The
3,885,549
.A!.
1,942,671
SHEET,
stocks
share
per
Sept.
of
as
$166,420,200
reports
1948.—V.
5,073,959
$
Corporate
of
1948,
30,
reported
"Based
Cr6,335
gain
quots.:
for
with
annual
•
value
SI
Keystone Funds
compared
"
-
1948
mkt.
asset
assets
net
Sept.
on
Gross
securs.—at
the 10
the
this year from $8.89
of
$4,262,951
4,066,327
Adjustment of prior years' Federal capital stock tax provision.
:
BALANCE
of
by
*
»
investments,„
Invests, in
750,j04
A
Knott Corp.—Earnings—
n
$3,885,549
undistr.
on
net
3,420,3i:i
i /72.F/9
502,668
1,250
;
-
in cash:""
undistributed
2,770,844
1,117,963
752,395
$25.51.
May
gains—.—__
gain
paid
on
taxes
capital
realized
From
*
sale of investm'ts_
income
long-term
A
on
realized
for
1,666,905
770,453
assets
net
The
$3,234,333
—!_"__
investments)————
on
Realized
3,661,738
1,950,208
$173,626,600,
The
share
The
$4,448,228
$5,073,959
realized
net
,
4,248,671
disclosed
Sept. 30
with
of
————
of
36,102
income
to
is
SI.
per
-
663,1-19
(excl.
52,412
-
•
Keystone Custodian Funds, Inc.—Net Assets Up—
Combined
49,430
19,686
29,282
-
:
-*Income credit
109,175
487,842
40,798
1945
$303,299
112,597
1363.
168, p.
Total
$5,113,016
1946
$309,440
128,022
51,020
<
railway.,—_—•
oper.
$3,286,721 on
number
1946
1947
$367,558
246,634
105,558
.railway———.
oper. income—
number
'
1947
bonds
—l!—!
Ry.—Earnings—
From Jan. 1—
on
96,000
1948
stocks—
1146.
p.
$503,647
from
1947,
-
•
to
underwritten.
166, p.-1255."
168,
1948
Gross
and
15
Calif.
;
-
■
to
not
was
capital.—V.
—
income
structure.—V.
Kansas Oklahoma & Gulf
record
$2
received———
!
consolidating
of
purpose
concentrated
more
a
Aug. 15,
A.,!
'
/
.
of
15, July
May
15, May
1362.
holders
to
corporation also announced it
Rd.'plant in Cleveland, Ohio, This move
its manufacturing facilities into
program,' the
has decided to sell their Berea
A
company's
A
$1.25
also
company
to
Net-from
Nov.
company.
announced that it has started negotiations with
purchase buildings 3 and 4, part of its Bedford plants, which
are
now
held under lease.
Accelerated activity in Aviation products
related to the company, together with other commercial product lines,
now
being manufactured, plus those under development, have mado
necessary
certain
rearrangements in the plant and
manufacturing
States
America—$1.25 Dividend
dividend
an original cost in excess of $5,000,000,
This
under lease, is required for the manufacturing
formerly
plans and programs now under way in the
years,
paid.
company's
at
•
Inc.—Acquires
change
of
United
in
.
stock
number
were
the
by
issued
payable
Jan.
on
for "working
on
dividends
Other
Common
-
Certificates—-i
$5,500,000
cents
last year.
same
a
disbursed
issued
that
cer.tifica-.ts,' series aA/ to be issued by the Pennsylvania Co. for
Banking
and
Trusts, as trustee, and so)d at 99.272 and accrued dividends in
p.
(EST),
Industries,
Precision
_
Years Ended Sept. 30—
Cash dividends received on
Preferred
Illinois Central RR.—Equipment Trust
40
common
„
a
stock,
1947.—V.
same
*18,194
anticipated
exceed
the
for
quarterly,
be
agencies
ASSETS—
C.
volume
40-Cent
—
of
continued
1582,
p.
have
*Loss.
Daniel
has
cents
will
certificates
and
'
the
30 Broad
Nov. 15.
3700,
Room
at
a.m.,
equipment, having
equipment,
Investors Mutual, Inc.—Annual Report-
Dividends
,
50
or
share,
per
rate
the
on
Previously,
,
certificates
common
the
Prov.
170,009
f*
$2
1944.
Engineering
used
476,000
213,962
.
11:3,0
■
Heintz
&
during the
From
Total volume of
at
will be
gain
Realized gain
197,868
.
taxes.
per share on basis of one new
share foh each two shares held. ) Rights, expired Nov, 5.
Stockholders
plso had
the
privilege of subscribing for additional shares above
$4,022,860
207,500
30—
to
of
168,
15,
$1)
(par
$3,939,228
Hungerford Plastics Corp., Murray Hill, N.
and
,
Ded. 20,
on
dividends
quarterly
Balance
350,078
a
dividend
extra
paid
was
payment was made
Dec.
stockholders
Total
646.
6 Months Ended June
$0.33
charges
Canada, Ltd.
an
Total .expenses
68,124
$334,863
before
Y.,
N.
company
Facilities—
amounted
ceeds
<
\
136,000
tAfter
*
166,975
p.
of
have
this year,
16,
15 and
The
in
•! 406,713
income
168,
declared
Stockholders' Rights—
has
"!
!A—
taxes
of
payment,
preferred
similar
Aug.
'shares
to
installed
hotel
110,578
,
and
$0.87
Co.
amount
York
respect
Interstate
the
1948—9 Mos.—1947
$1,231,678
ments
788,155
.
regular quarterly dividend of 40 cents per
stockAboth payable Dec. 20 to holders of record
of
New
cumulative
Nov.
offered
$11,752,319 $10,723,115 $34,706,267 $31,749 735
10,535,322
9,491,437
30,767,039
27,726i875
_C—:v-$l;'216-,997
The
360,990
786,091
789,780
requirements,
dividends
agency.—V.
gain
revenues-
$8,303,108
A
share,
in
principal
receiving
being
'
A
be
the
distribute"
ci
charges A-AA-Deprec. and depletion-Net
is
'
4,
first
the
to
proposals for • the purchase
mortgage bonds.
Such pro¬
written
$3,000,000
1800.
p.
Jack
WAA
the
the
respect
Stock
Chicago.
1948—3 Mos—1947
Fixed
-V.
in
own
sealed
of
presented
be
York
168,
it
from
to
are
New
1947
the
Subs.)—Earnings— '
Unempl. & old-age taxes'
Other
and
St.,
-Earnings—
'
transmission
Cleveland
A
.
i!—
income
S.
hotels
City.
installed
being
Period End. Sept. 30—
Gross income AA
U.
two
YU' '*
.
Hudson Coal Co.
.
in
York
for
inviting
is
whole
a
posals
$9,234,246
...
amount
per
permit
with
to
of
sound
the
total, $9,823,429.
for securities sold. $64,393;
Iowa Public Service Co.—Bids for Bondsas
1948
International Rys. of Central
A.';, AAA
•
statement
covering
$3
underwriter.
1948
.
Gross
"
A Aa
registration
a
30,
SEPT.
SHEET,
deposit in
capital stock repurchased, $3,302;
payable for securities purchased, $129,897; payable to Investors Manage¬
ment Co., Inc., $21,197; dividend payable Oct. 15, 1948, $91,051; accrued
taxes, $4,547; investors shares of $1 par value (less 16.433 shares held
in treasury at pary, $700,393; paid-in surplus, $8,350,667; undistributed
net ordinary income, $44,323; undistributed surplus from security trans¬
actions
$231,922 unrealized appreciation on securities, $246,130; total,
$9,823,429.—V. 168, p. 1482. A
'
! ■
A
—V.
;
share
sterling
The
handsaws.
1362.
p.
$2
and
Nov.
Mr.
City.—V.
of
allotment
SEC
2,571,715
1
quarter
transfer
8,706
Hotelevision Inc., L. I. City, N.
Y.—Registers With SEC
The
256,105
—
extra
will
heretofore
A/A'-v"
plant is being erected by the Engel Realty Co. of Birming¬
ham, and is held on a long-term lease by R. Hoe &
Co., Inc. Occu¬
pancy in the new structure is expected by January, 1949.
Besides Birmingham,
the Hoe Saw Division maintains branches at
Portland, Oregon, and Seattle. Washington. The main works and head
are
838,755
of like
per
in
new
office
1948
the. first
currency
the
and
new
6,306,744
1,683,381
Nov.
to
flboye
Montreal
1948, $938,455;
now being constructed at Birming¬
corporation's Saw Division, according to Daniel
Vice-President of the company and Manager of the Saw
* ; ■
A
"
Beisinger,
,2,704,205
1482.
common.
40-cent
As
factory branch building is
for
the
dividends
(R.) Hoe & Co., Inc.—Constructs New
Factory—
»;
3,384,518
Nickel
on
An extra
year
The
since
—AA———.—!.!— $86,108,148 $80,703,710
"Adjmted for purposes of comparison.
tLess reserve:
1947, $708,082.
jAfter reserve for depreciation and
22.
the
26,776,344
Total
directors
With
4,112,456
32,012,158
at cost—...A.——
BALANCE
on
LIABILITIES—Payable
252,382
22,225,462
Extra Dividend—.
9,619,400
16,945,850
_
shares)—.
par
*
Government
S.
$29,408; receivable
The
International
1,272,153
,
surplus..!.. A-— A_!—„ __!—!__
§ Treasury stock,
Ala,,
*18,398
19,933,126
dividend
addition
1,582.840
cumulative
U.
WAA
6,763,788
new
119,126
21,801,691
1255.
p.
7,683,560
1,582.840
contingencies—A!_!—'——'—reserves.——A——AA——A
Miscellaneous
net
and
557,362
1,123,555
103.360
Reserve for pensions
A
$2,175,272
206,096
share———.——.—
per
1,323,466
ham,
1945
$2,090,683
4,146,664
p.
preferred
759,243
Earned
in
297,506
shares
9,171,683
Capital
1946
——A...__—i
common
"■Earnings
$86,108,i48 $80,703,710
dividend
for
and
$302,595
Irving Trust Co., $393,365; securities,
obligations $33,093,. held by Irving Trust Co.,
as
depositary
at value based on closing market quotations Sept. 30,
1948
(cost $9,090,133),, $9,336,263; dividends and interest receivable,
ex¬
-Earnings-
1947
Quarter Ended Sept. 30—
Sales
'
A_-_
7,453,712
Common
strip
we
25,014,213
income...
oper.
ry.
1,100,855
5'/o
January
■
A,-.A
.—A-——:.
returnab'e
'"■*+ 2P9
647,646
and
Reserve
hot
new
'
ASSETS—Cash
incl.
Company
containers.!...—
S
In
no
of
added:
put in operation
third furnace will be added
$2,561,066
408,504
546,680
railway..!'.
railway—A.
declared!—„
foreign taxes on iricome——AA
Insurance reserves
*.!
AAA—
;_A—_A
Preferred
the
Ky.
therefore
A
rate
securities sold of
tDeficit.
on
files as a "regulated .investment company"
provision has been made for Federal income taxes.
our
one
International Minerals & Chemical Corp.
50,083
160,908
298,835
—
\
Accounts payable
Accrued
accounts——
U.
from
the
who
realized
profit
securities sold of $19,185 in 1947,
on
7,754,448
160,908
—
Deposits:
to
as
indicated
an
Feldmann,
Newport,
1948
"Deficit.—V,
34,815,324
50,083
:„__!—A
LIABILITIES—
Net
7,635,409
Postwar refund of U.
S.,taxes——A
Other, assets..
Total
at
furnace
$2,760,153
from
from
Net
10.459,737
35,264,959
Investment in
Deferred
to
months
net
—
.
from
Gross
9,431,041
9,426,051
Finished
1 Fixed
Mr.
December
now
railwayfrom railway—!—.
ry. oper. income A!
Net
Sept. 30.'48 "Dec. 31.'47
—$15,546,110 $17,432,395
—
S.
Materials,
electric
output
few
a
period-!—,—
NOTE—Company
From Jan. 1—
;
—
"
U
our
said
in
construction
second
September—'
$90,363
64,820
slabs
International Great Northern RR.
1947
$69,824
CONSOLIDATED BALANCE SHEET
ASSETS—
Cash
and
under
a
bring
year,"
per
produce
within
•'
Not
',1948
$60,472
Is
add
facilities
ingots
to
increase
.
Consolidated-
1947
of
will
producing at capacity. A
in
February.
A •!' ;
• , *
■' ■
'
"Our Steel Division's blast furnace at Martins
Ferry, Ohio, is being
pressed constantly for the largest possible flow of pig iron."—V. 168,
p.
1582. '■« v.,,',:V . '
reserves.
'
.
Consolidated
Sept. 30--
to
June
undistributed earnings are carried in miscellaneous
9 Mos. End.
which
pect
$4,-
earned!, surplus includes no undistributed earn¬
foreign subsidiaries," all of which are wholly owned.
In the
foreign' sub'ndiariesAwhose accounts are
consolidated, such
of
tons
expect
steel
on
steel-making
"We
NOTE—Consolidated
ings
emphasis
700,000
$2.01
1947,
loss
volume
new
$26,510,691
2,633,420
"Before
production made up more than 58% of this corporation's busi¬
in September, C. Russell
Feldmann, President and Board
Chairman, announced on Nov. 1.
$3,328,491
for
"Surplus
of September
steel
ness
IS,546,194
Corp.- -Over 58%
Business from Steel-
1,975,065
$6,964,497
amortization:
,
2,765,031
$5,235,814
share.-.;!—v_
"After depreciation and
784,501; 1946, $3,334,352.
International Detrola
328,080
26,776,344
outstanding!!!—_
common
8,165,070
of outstand-
val.-per sh.
Nine Months Ended
$9,317,136
40,838
taxes
director
a
179,C59
5,048,344
ex.
and
7,002,133
71,538,160
3,090
ing capital stock
director of Industrial
a
3,970
8,889,135
92,956,882
94,475
5,127,853
_______
103,961'
$13,494,555 $17,082,206
76,388
77,238
taxes——
-'
a
Vice-President
Inc.; has been elected
16,673
4,377
10,657,765
-
shares
22,061
5,600
6,661
A—!—r——1— 112,222,557
"Represented by
Calif.—New
■'
•
•
H.
Paraffine Companies,
Capital Corp.,
196,800
96,660
Corp.,
Director:—
'
contin¬
income————
deductions—
S.
19.46
Capital
Industrial Rayon Corp.—Official
Total
Other
for
reserve
gencies (net)
Miscellaneous other
Industrial
$97,510,923 $98,969,694 $72,453,609
13,397,895
16,781,445
9,137,477
operations-;:——
from
1947
24,970
-
net
Unrealized
Net
169,002
—.—
—^—
Stock
surplus
Undistrib.
secondary
475,090
,1-
Paid-in
offering Oct. 27 of
17,384 common shares (no par) at $21 per share, with a
dealer concession of $1 a share.—V.
163, p. 3419.
Subs.)—Earnings—
1948
lees
Taxes
a
37,028
•
fee payable to Inves¬
Syndicate —————
mgr.
tors
Co.—
-
Hercules Powder Co., Inc.
expenses:
Invest,
an
securities purch.
brokers for
to
Accrued
•
Co. made
&
7
LIABILITIES—
Due
Nov.
noon
to
from
(1903)
Equip. Issue—
by
maturing
will
sale
168, p. 1800.'
Whipple
the
of
asked
CHRONICLE
*Capital
stock
common
Proceeds
FINANCIAL
Independent Pneumatic Tool Co.—Secondary Offering
—Julien Collins & Co., A. C. Allyn & Co, and
Bacon,
(par $1).
Underwriter, Charles E.
stock, which will be offered at par,
be
used
to
pay
current liabilities,
purchase property, building
equipment and for working capital.
Bailey
from
Proceeds
Harwill, Inc., St. Charles, Mich.—Files With SEC—
for
has
company
equipment trust certificates,
to their present
...
&
Illinois Terminal RR.—Bids on
SEC
stockholders
holdings at $10 per share. With¬
Proceeds will be used for working caiplal.—V. 160,
<'a
''V
■*
: -.
118. /
p.
27-filed
common
COMMERCIAL
by
announced.
the
See
stockholders,
details
in
V.
will
168, p.
company's capital stock, recently
become effective Nov. 15, it is
1800.
8
THE
(1904)
it
Lehigh & Hudson River Ry. —Earnings—
;
1948
1947
1946
1945
$278,283
83,467
27,064
$235,510
Gross
from
Net from
railway
railway
Net ry, oper, income
13,373
21,409
15,469
railway
railway
from
2,251,561
1,933,146
2,387,258
Operating
511,602
776,442
Operating
rev.
175,591
155,309
207,750
$13,965,112 $21,910,560 $17,903,296
366,771
1,052,534
467,515
Operating income
$16,932,908
inc. credits (net)
781,444
Other
1945
1947
1946
408,875
245,159
railway
Net from railway
330,046
$617,873
234,202
129,323
_#et
ry. oper. income
From Jan. 1—
from
railway
Net from railway
Net ry. oper, income—.
—V. 168, p. 1482.
184,952
154,804
93,450
4,893,789
1,426,810
845,138
5,313,166
1,841,175
6,702,906
2,508,721
1,473,969
$525,759
1,053,759
4,202,738
939,433
651,796
$7,480,963
493,609
income
Gross income
.
$494,726
122,906
10,958
131,339
10,597
204,994
—
245,780
149,255
Fed. & Pa. inc. taxes—
income
corporate
$387,455
CONSOLIDATED
$126,632
INCOME
for
Net
—V.
$933,252
$352,154
debt—«
—
—_
$2,264,061
544,302
58,016
815,695
„
corporate income.
168, p. 1363.
960,508
309,720
113,639
$1,377,517
w__.
$732,409
Lehigh Valley Coal Corp. (& Subs.)—Earningsperiod End. Sept. 30—
1948—3 Mos.—1947
Gross sales
$8,571,583
Operating income
Bents, royalties &
,586,218
431,363
Gross income
32,291
205,957
69,165
734,070
612,562
208,955
489,080
1,942
980
5,485
$485,364
$208,994
$1,263,371
10,958
247,476
.Minority interest
income
CONSOLIDATED
12 Months Ended Sept. 30—
sales
INCOME
'
2,008
.
$522,281
CONSOLIDATED
...
Gross income
debt
depreciation
corporate
967,127
....
Provision for Fed. & Pennsylvania
—V.
$3,647,508 *' $2,531,644
271,334*
353,966
43,099
58,016
___—_
deductions
Net
Materials
and
Other
inc. taxes..
581,485
7,492
;
income.....
$1,776,970
1948
from
railway
Net from railway.
•
$1,028,172
23,106
336,553
x
...
$
($10
Earned surplus
par)—-—-
—
$
54,990,000
14,258,960
50,000,000
2,284,942
1,526,464
54,990,000
7,642,750
6,040,110
4,886,836
1,299,202
—-
:
-
Notes
payable
Accounts payable
Customers'
deposits
Federal
Cher
taxes
-
——
——
—
income—
on
taxes
—
:
;
—
26,500,000
2,046,755
1,557.739
301,957'
_
Customers' advances for construction, etc—
Reserves—Depreciation, depletion and amort,—
Accident
and
surplus
Contributions in aid of construction—
684,180
51,484,987
1,716,033
...
646,594
43,647,381
1,550,125
343,738
530,123
—
1947
1946
$6,179,715
1,741,322
1,180,115
860,389
1,169,770
172,241
660,920
1,317,579
.590,315
'
'
'
1363.
59,475,126
53,839,541
9,449,965
49,280,921
8,633,295
61,343,166
11,770,666
6,394,249
3,738,613
3,422,922
3,796,777
13,235,919
A notice to the holders of
bonds
on
The
U.
Nov.
S.
2
636,053
refunding and improvement mortgage 5%
for
the
Eastern
District
of
Pennsylvania
refunding and
revenues
Depreciation
1948—9 Mos.—1947
has,
by its order, directed the retirement of all the
improvement mortgage 5% bonds of this company under the provisions
of the amended plan of National Power &
Light Co. for rearrangement
of capital structure of the Transit
company, previously approved by
•the Securities and Exchange Commission.
:
Pursuant to said plan the Transit
company offers to its bondholders,
iwho within the period Nov. 3, 1948 to 3 p.m. on Dec.
3, 1948, deposit
their bonds with the
Lehigh Valley Trust
•under
Co., Allentown, Pa., trustee
mortgage
(who
has
been
the
refunding and improvement
designated the exchange agent tinder the plan), for each $500 prin.O.pal amount of bonds so deposited, (a) such number of full shares of
Pennsylvania Power & Light Co. 4 Va% preferred stock as
may be
'
,ou^
the 13,769 shares of such stock presently
owned by
the Transit company, for distribution on a pro rata
basis, among the
total number of units of $500 principal amount of bonds
deposited
under this exchange offer (which cannot exceed 5
shares per $500
fcond), and (b) an amount in cash equal to the difference between
the principal amount and accrued and
unpaid interest to the bond
consummation
date,
Dec.
13,
1948,
of
such
bonds
and
the
aggregate
Aipountof such shares of preferred stock, taken at a
price of $100' per
share.
Transit and National,
however, reserve the right, subject to
approval of the Securities and Exchange Commission and the District
Coprt to withdraw the exchange offer at any time if
circumstances,
.render inadvisable the continuation of such
offer.
The bonds of holders who do not make the
exchange will be retired
in,t,<lsh on or after the bond consummation date, Dec; 13,.
the^principal amount plus accrued and unpaid Interest to such
UE°ki ! yer3Lof their bonds t0 the trustee. Transit reserves the
1MB, at
'
6Ut>ject
to
the
approval
of
the
Securities
and
Exchange
Com-
the District Court, to extend
i!
the bond consummation
*Tiv£' ■DeUwry °r the. certificates Of Pennsylvania Power & Light Co.
^ 2nd of checks for cash will be made as soon as
possible after the bond consummation date.—V. 168, p. 944.
-
—
taxes
taxes
1,631,076
1,539,017
-
2,056,719
1,811,951
1,003,972
-
1,115,701
——
2,144,082
168/ p.
vacancies created by
1583.
,401,443
1,261,728
216,913
$2,536,759
86,469
$3,746,145
124,912
Salaries
and
$2,623,228
1,076,874
$3,871,357
1,716,077
$3,256,741
1,370,954
$1,321,744
Reservations
of
$1,546,354
$2,155,280
$1,885,787
554,194
541,409
735,160
306,505
721,260
$1,113,615
$1,164,527
income
No.
10593
,
13438—,
306,505
-
covering
34,750
shares 'of
capital
stock,
($1
par)
under
trust
Su£syVAfpJfchase pla.n- The
company has outstanding in the
oncers and employees options to purchase 69,500 shares
etock.
No
exercised
with
options may be exercised until Nov. 26.
1948.
tbe sUccceding two-year
period, each option may
to not more than- one-hall of the
shares
respect
'
t(Federal
3,760,153
i
;
income
taxes on
Customers'
3,098,468
"91,330
1,021,159
vacations)
1,650,472
Retirement System
Other taxes
822,001
1,983,597
deposits and miscellaneous
Dividend payable
...
1.621,742
1,811,606
.2,252,977
Aug. 2, 1948 on pfd. stock
fund debentures,
due
175,950
1972Notes payable, maturing $500,000 semi-annually,
20,000,000
27/s%
25-year
Nov.
sinking
1,
Reserve
Nov.
10,000.000
1, 1953
self-insurance..
for
cumulative preferred
value
$100
Common
112,141
16,560,000
16,560,000'
25,790,310
10,373,324
25,790,310
10,373,324
18.866,675
stock, without par value (outstanding
shares)
1,719,354
Capital surplus
——
Earned surplus
22,108,953
Total
^______.$125,623,792 $98,996,950
•After
1948
7,400,000
136,541
—:
stock, series A (par
share)
per
for depreciation and amortization of .821,610,631 in
$22,650,812 in 1947, tlncluding instalment accounts of $17,in 1943 and $12,515,265 in 1947, a portion of which is due
reserves
and
after
one
after
also
year;
estimated
collectible
amounts,
etc.,
of $1,-
894,000 in 1948 and $1,365,000 in 1947/ $At the lower of Lifo cost or
market
(this is $12,719,314
in 1948 and $11,086,687 in 1947 lesa
than the basis formerly used).
gAfter
uncollectible
estimated
$124,500 in 1947,
result of
accounts
of
$148,800
in
and
1948
flTo be claimed for the six years ended January 1947
the re-adoption
of Lifo. ••After accumulated amortiza¬
tion of $402,536 in 1948 and $321,700 in 1947.
ttAfter deducting tax
as
a
notes
of
$6,199,455 in 1948 and $6,142,758 in 1947.—V.
168, p. 450.
Marine Bancorjporation (& Subs.)—EarningsNine Months Ended
1948
Sept. 30—
Net
earnings
—V, 168, p. 347,
x—
Period End. Sept. 30—
$1,726,632
1947
$1,669,718
Electric output
totaled
$1,004,945
$961,045
45,735,000
7,470,849
25,828,303
22,993,333
$537,230
133,740
$690,320
66,317
$2,428,732
357,783
$2,460,328
204,966
Other income
Profit
$670,970
$756,637
19,926
16,593
$2,786,515
52,238
income
267,000
303,000
1,121,000
1,072,000
$384,044
$0.65
$437,044
$0.74
$1,613,277
$1,542,888
share
196,712
207,556
$2.77
585,910
$2.65
532,209
58,521
67,999
183,153
195,631
Federal
State taxes
•Net
on
per
com;
(incl.
Depletion
above)
(incl.
(Ky.)—Weekly Output-
$2,665,294
~
50,406
and
profit
Deprec.
•The
taxes—
charges
for
'''Earns,
interest
income
and
Interest
Prov.
(net)
b6for6
__
above)
equity in the undistributed earnings of U. S.Mengel Plywoods, Inc., is not included in any of the forogoing figures.
Mengel's equities in such earnings and the equivalent per Mengel com¬
mon
company's 50%
share were as follows:
1948—3 Mos,—1947
$123,579
$130,573
....
share
Per
$0.22
;
NOTE—All
computations
of
$0,25
1948—9 Mos.—1947
$422,167
$406,510
$0.75
$0.73
share earnings are based on the
number of shares of Mengel common stock outstanding at the end of
the respective periods.—V. 168, pp. 945 and 848.
for the week ended Oct. 30, 1948,
compared with 38,055,000 kwh. for the
per
this company
kwh.,
as
corresponding week last year, an increase of 20.2%.—V.
Period End. Oct. 31—
—
168, p.
8,559,015
expenses-
Operating profit
*
of
admin,
1948—9 Mos,—1947
$8,161,169 $28,257,041 $25,453,661
1948—3 Mos.—1947
$9,096,245
selling
Period End, Sept.30—
—V. 168, p. 1256.
168, p. 1801.
1948—Month—1947
$7,918,617
—
1948—10 Mos.—1947
$7,423,056 $71,919,484 $66,381,101
1483.
Michigan-Wisconsin Pipe Line Co.—SEC Exempts Sale
of Securities Privately—The SEC on Oct. 27 granted the
permission to issue and sell $66,000,000 3%%
first mortgage pipe line bonds due 1968 to Metropolitan
Life Insurance Co. and The Mutual Life Insurance Co.
of New York.
The proceeds will be used to finance
Interstate
(R. H.) Macy & Co., Inc.—Annual Report—
NET
Otis &
RETAIL SALES
52 Wks. En. 52 Wks. En. 52 Wks. En. 52 Wks. En.
July 31,'48
Aug. 2,'47
Aug. 3;''46
$
$
$
\
Macy's New York
L. Bamberger.
29,628,306
Lasalle
19,304,162
& ,Koch
Macy's San Francisco—
John
26,119,330
20,123,746
16,135,872
13,839,460
13,364,106
$2,722,128
7,131,299
•9,904,721
~$From Feb. 1, 1947.
Sept. 1, 1945.
52 Weeks Ended—
July 31,'48
»Aug.2,'47
$
Net retail sales
Cost
(incl. leased departments).,
$
315,035,135 285,082,755
of
sales, buying, publicity, selling, occu•
pancy and administrative expenses——
289,443,967 264,796,854
Taxes except Federal taxes on income
'
4,122,614
3,373,120
Maintenance and repairs—
_—:
3,603,221
3,673,036
Rent expense less rent income.
—
2^839,184
2,585,128
Depreciation and amortization.
—2,153,707
2,039,857
,
.
Income
Income
from
from
non-trading
retail operations—
broadcasting, interest
sources
—
:
and
Income from sales of property
income
and
Federal
taxes
on
1,118,707_
695,637
.
1,114,718
Dr75,583
earnings
Michigan-Wisconsin proposes, pursuant to bond purchase agree¬
with Metropolitan Life Insurance Co. and Tlie Mutual Life
Co. of New York, to issue and sell to such companies, dur¬
ing the years
1948 and 1949, $66,000,000 of 3%%
20-vear first
mortgage pipe line bonds at the principal amount thereof.
Of the
aggregate-principal amount, Metropolitan has agreed to purchase 90%
and Mutual 10%
A total of $12,000,000 principal amount is to "be
issued and sold as promptly as possible during 1948 in the foregoing
proportions.' The remaining $54,000,000 is to be issued and sold to
the insurance companies, in like proportions, from time to time during
the year 1949 as funds are needed, in not more than four lots, pro¬
vided that no lot shall be less than $10,000,000.
The company will
ments,,
be
4,298,385
$4.39
$2.71
$8,244,463
703,800
—
dividends
declared
on
preferred stock/—
dividends
declared
on
common
•The
common
figures for
stock
share.——
...'
-
the year ended Aug.
2, 1947 have been restated
because of the retroactive adoption of the Lifo method and to include
the. reclassifications
adopted: for the year .ended July 31/1948 whereby
corporate administrative expenses, were included, in operating expenses
of approximately 48,000 h.p.
Insurance
Oct.
000
a commitment fee computed at the rate of 1% per annum from
1. 1948 to the closing dates of the respective lots of the $54,000,principal amount of bonds to be issued and sold in the year 1949.
The
Net
installed compressor capacity
$66,000,000 of first mortgage bonds,
$5,361,514
703,800
2,750,966
$5,900,000
;
an
construction, according to company estimates, will be approximately
pay
542,323
.j
—,
$8,614,760
in part the construction of an
transmission line.
that the SEC direct the sale of the bonds
$88,000,000,
of which $22,000,000 has been provided, by American
Light & Traction Co. (parent) in the form of equity capital and the
remainder
is
to be
raised through1 the issuance and
sale of the
$9,653,895
126,381
4,166,000
$14,686,786
..
expense
income_x_/
$12,872,442
:
:
debt
—
other
x
:
——
gas
had requested
Michigan-Wisconsin is now engaged in the construction of the
Initial phase of the system and states that in excess of 285 miles of
24-inch main line has been laid.
The over-all cost of this phase
of
INCOME STATEMENT
CONSOLIDATED
natural
Co.
through competitive bidding.
•„
The gas transmission system is to be constructed In three phases
designated initial, intermediate, and full development.
According to
the company's statements the initial phase is to consist of approxi¬
mately 800 miles of main 24-inch line extending from Hansfordt
County, Texas, to a point near Joliet, HI.
(Wisconsin Junction),
approximately 100 miles of 22-inch line from Wisconsin Junction to
a
point near Milwaukee, Wis., approximately 259 miles of 22-incti
line from Wisconsin Junction to Austin Field in West central Michigan
and
315,035,135 285,082,755 255,662,451 197,413,819
—_
•From
$
29,459,230
17,837,870
15,480,897
Taylor
Total
July 28/45
184,672,027,165,799,596 151,789,247 121,555,509
51,713,281
55,899,825
58,818,444
41,895,104
—
Davison-Paxon
Earnings per
an
(incl.
to
Earnings
Balance of net income
Cash
the
2,369,080
$11,369,493*$10,290,211
commissions
be deposited in
funds
Amounts
$3,133,461
123,280
Cash
Lockheed Aircraft
Corp.—Registers With SEC—
comPany_ on Nov. 4 filed a registration statement with
33,101,219
,
$125,623,792 $98,996,950
—
Accounts payable
055,033
2,662,706
.
$3,176,247
1,354,503
Interest
°Sr' Secret^y and Treasurer, has been elected director
® retirement of William H. Long.—v. filling
tne SSSLU" 5es4«f,? Ge"eraT1 Attorney,
,
LIABILITIES—
and
$3,080,911
95,336
Other income—net
Total
Libby, McNeill & Libby—New
Directory Etc.—
.
1948—12Mos.- —1947
$19,911,451 $16,434,655 $25,792,025 $21, 549,046
10,148,080
7,975,011
13,562,445
658,559
1,378,964
1,567,945
2,414,619
,081,637
-
Operating income-
—V.
.
\
Long Island Lighting: Co.—Earnings—
Period End. Sept. 30—
Sales
Court
assets
Cost of sales and
McCrory Stores Corp.—October Sales Up 6.68%—
says:
District
745,000
172,700
613,049
39,194,231
437,319
2,288,774
company
Lehigh Valley Transit Co.—Exchange Offer—
522,854
240,644
Net sales
Louisville Gas & Electric Co.
.
railway.—
railway
795,000
329,593
——.———
—
185,126,008 150,433,669
168, p.
1945
$5,824,226
j
Mengel Co. (& Wholly-Owned Subs.)—Earnings-
Total
-V.
6,916,000
2,064,830
399,007
2,147,715
6,916,000
•Land, buildings, leaseholds, fixtures and equip.
:
••Leases, copyrights, trade marks, goodwill, etc.
Miscellaneous
1,097,390
324,361
-
.
—
—
Interest
20,108,691
1,856,517
assets
Unamortized debt expense
3,474,526
243,996
39,688
409,271
x
—' 185,126,008 150,433,669
stock
Case No.
ri68°Ppr'l801Ome~~"
—y
6,494,714
202,452
items
3,703
$6,024,195
income...
from
from
etc-/—_
;
268,339
$6,803,584
From Jan. 1—
Net
2,440,912
by orders of P.S.C,:
September—
Gross
4,819,261
—
Case
oper.
reserve)-.
LIABILITIES—
Common
24,839,443
2,343,882
515,999
—-
$868,757)
and
investments
464,914
Total
168, p. 1363.
Net ry,
—
'
146,871,550 131,911,799
69,220
67,870
26,194,852
11,904,907
25,000
30,000
assets
debits
1
Due from employees
4JA%
(less
;
current
Deferred
$
appliances,
supplies,
Prepayments
819,448
Lehigh Valley RR.—EarningsGross
—.
r_—
notes. receivable
and
Accounts
Income
interest
—-
Treasury tax notes, series C
expenses
Maintenance x—-
1947
Other
under
of Federal taxes on income——
Macy's Bank (equity in net as¬
in
$939,882
balance
1947
$
Property, plant, and equipment
Investments,
miscell.
securities—
Operating
Minority
BALANCE SHEET, SEPT. 30
i
1948
!
ASSETS—
Operating
1948
$34,335,885 $26,696,890
—...
funded
From Banks and Insurance Co.—
1948,
—
determined
as
1,767,994
21,383,672
26,993,915
.
current
^Overpayments
$9,440,738
into loan agreements with The
Prudential
Newark, N. J., and 11 com¬
mercial banks in Pittsburgh, Pa., Dallas and Fort Worth, Texas, whereby
the company borrowed $50,000,000.
One-half of the new funds re¬
ceived, or $25,000,000, was utilized in paying all outstanding bank
loan
note3 of the company
and the remainder has been added to
working capital and will be applied to the construction program of
the company and its wholly owned subsidiary, Lone Star Producing Co.
1,364,986
on
144,000
5,016,142
company entered
Insurance CO. of America,
1,166,658
Interest
144,000
5,641,798
$7,303,638 $12,281,169
$9,284,239
.
Sept, 29,
2,094,519
Depletion and
3,417,032
10,537,094
—
inventories
the retail inventory method—
Supplies and prepaid expenses
Macy's Bank—current account
Investment
cost
at
customers
Total
Bents, royalties and other income^.—1,552,989
Other
108,000
4,766,510
income
taxes on
Operating
ACCOUNT
■
—
Operating income
4,157,615
obligations,
.
162,965
63,386
Depletion and deprec.Fed. & Pa. inc. taxes..
Gross
$2,717,998
193,701
$578,807
83,114
10,597
913,348
$1,591,451
258,714
32,921
debt
Other deductions
Net corporate
1,129,871
345,454
$1,018,081
on.funded
■
Accrued accounts—
1948—9 Mos.—1947
$7,492,600 $26,034,987 $20,355,704
233,353
1,588,127
678,103
oth.
income
Interest
Fed.
U. S.
1947
538,512
2,694,653
108,000
3,945,330
3,135,049
Cash
$3,191,304
500,459
_
depletion and depreciation
and Pennsylvania income taxes
Fed.
61,165
43,099
..
Other deductions
Prov,
-
income
funded
402,779
32,921
609,745
$29,009,366 $24,179,903
1,669,429
835,988
1,521,875
1,428,073
...
on
$1,458,764
1948
Operating income
Bents, royalties and other income
Deductions for
1,015,765
ACCOUNT
_
Interest
$2,351,959
371,421
32,291
728,915
286,080
21,165
12 Months Ended Sept. 30—
Gross sales
Gross
1,101,103
341,623
$916,354
debt
Otfcer deductions
Depletion & depreciafn
Net
Deprcc, and depletion
Lease abandonments-
Deduct—
352,899.
280,262
420,554
charges
Borrows $50,000,000
$6,112,608 $21,770,755 $18,046,985
153,103
1,250,856
442,999
422,745
funded
$17,714,352 $14,331,883 $22,963,094 $18,370,811
*
(net)—
On
1948—9 Mos.—1947
1948—3 Mos.—1947
Operating income
Bents, royalties & other
income
Gross
Income
Net income
Lehigh Valley Coal Co. (& Subs.)—Earnings—
Period End. Sept. 30—
Gross sales
on
redemption amount
sets
$754,900
1948-
from
Interest
Government
tMerchandise
Earnings—
$840,518
September—
Gross
States
SMisceHaneous
Lehigh & New England RR.Gross
19,717,127
25,956,557
15,443,977
13,693.747
deduct—
July 31/43 • Aug. 2/47
$7,699,318
So,085,139
_
United
tDue from
1948—9 Mos.—1947
1948—12 Mos. *-1947
$36,626,655 $29,409,089 $47,867,117 $37,620,423
revenues
639,807
2,538,883
752,333
242,270
__
Net ry, oper. income
—V. 168, p. 1482.
CONSOLIDATED BALANCE SHEET
ASSETS—
Cash
or
Sub.)—Earnings-
Lone Star Gas Co. (&
period End. Sept. 30—
from
Gross
of
35,126
From Jan. 1—
Net
options are exercisable at $22 a share and will expire
The company would use the proceeds received from
options for general corporate purposes.—V. 168,' p. 1,044.
1953.
24,
exercise
Monday, November 8, 1948
AH
covers.
May
$211,986
63,540
$245,474
67,655
September—
& FINANCIAL CHRONICLE
COMMERCIAL
proposed bonds have a maturity date of Sept. 1, 1963. and will
under and secured by an indenture of: mortgage tc be dated
issued
Sept, 1. 1948 from Michigan-Wisconsin to City Bank Farmers Trust
Co., New York, and George W. Dillon of Kansas City, Mo.,-is trustees.
The bonds are redeemable in whole or in part at 104 plus accrued in¬
terest to
and including Aug.
31,
1951, and thereafter in reducing per¬
centages of principal-amount. The initial issue of $66,000,000 principal
amount cf bonds is subject to a sinking fund designed to retire the
entire issue on or before maturity./The sinking fund provision re¬
semi-annual, retirement of ^bonds beginning Sept. 1. M951 in
ranging from $1,370,000 to $2,510,000 through Sept. 1.-1968.
instead of being shown as a deduction from "Income from broadcasting/
interest and other non-trading sources.". tlncludes $500,000 for prior
quires
years,
Provision is made for acceleration of the sinking fund in the event an
amounts
Volume 168
*
Number 4749
THE
engineer's • certificate;' required to be SubhilttecT to Oi'e trustees
indicates
The
Of
exhaustion of available
an
indenture
also
dividends.—V.
gas
restriction
contains
163,
1695.
p.
prior to Jan.
reserves
with
annually,
the
to
respect
stockholders
mon
issued by
1970.
1.
COMMERCIAL & FINANCIAL CHRONICLE
payment
;
'
This
(
from
participation
.apy
in
the reox-ganized company.
is
fourth
the
securities
*
■
supplemental
the
report
to
'
(1905) :■ 9
of the
be
•
reorganization managers and the
reorganized Company.'"
down
handed
the
in
rq-
annual
Dorp.—Declares Dividends—
May Retire Unconverted Class A .Stock in Near FutureSubsidiary to Place Additional Insurance Loan— •'
:
directors
The
f
the
class
B
class
A
have declared,
dividend
a
of
60
cents
changedAn
share-on
per
and a preferential dividend of $1.20 per share on
applicable to 1947 earnings, both payable Dec. 22
voting trust certificates of the respective classes- of
stock,
record
Nov.
the
on
of
27,
class
class
B
since
Dec.
B
stock
and
the
class
price
of
20,
*
crude
shares
B
oil
the company paid 25 cents
class A stock, the first on .the
the first on the class A stock
year,
the
on
1942,
and
*
President,
Glass,
1, this
$1.20
Jan.
1946.
upon
4
Oh Jan.
stock
since
30,
Joseph
1948.
\
Oct.
on
was.
announced
general."
28
stated
that
"a
larger..dividend
nine
that
consolidated
months of
with. $1,036,552
if
stock
contemplated, if the recent increase in
by
one
large purchaser had become
"B"
now
net
earnings
of
the
were
approximately
corresponding period of
for,the
favorable
present
1948
conditions
continue,
for
net
000
said
all-
of
may
approximate $4,000,000. against $1,468,561 in 1947 and $679,368 in 1946.
"Barring unforeseen, adverse developments," Mr. Glass
said,, "the
management is
of the
opinion that the present earnings level can
'be maintained
or
exceeded, in which event dividends, in excess of
the 60
cents
per .share
now .declared, should
be possible in
future
years
upon
the approximately 2,000,000 class B shares which will
be outstanding upon full conversion (of A into BV."
'
r'
total
A
The
basis
class
of
receive
A
certificates
four
conversion
B
no
the
for
later, than
dividend
of
convertible
are
A.
one
If
Nov.
60
27,
cents
into
holders
A
1948,
share
per
class
they,
on
entitled
four
class B
"
receive
surrendered.
so
194$,
„
to
will
-after
the
preferential, dividend
Those
A
shares
get-only
the
$1.20
date
that
dividend,
not
not
entitle
will
which
■date.
is
payable
'
,
$1.20
oil
surrendered
tfc
class
'
B
t*
y
and
A
60
B
-
'••■>*'
Net. production, of^oil
i
:
substantial
reduction
and .(liquid
in
bonds
daily
to
by
the
stated-.
reach'
end
.
of
compared
•
distillate
■wells,
before the end of 1948.
Only two shallow dry holes, in which
minority interest is owned, have been drilled thus far in
1948.
1947, 27 producing oil wells, eight
producing gas distillate wells
and five dry holes .were drilled.
In
In order to finance the sharply., expanded operations,
have been completed to increase the unsecured loan of
f
the principal
operating, subsidiary,-,-from Penn
Mutual
Life
Insurance Co. to $6,000,000, effective Dec.
I, 1948.—V. 168 p
1045
Gross
.
from
railwayL„w
Net from railway
Net ry. oper. income__'_
.
,
■;
,
56,239-
—V.
168,
p.
•
of
There
from
1,442,135
1,224*367
" 1 308
if
436.227
259,316
'426
81,869
bonds, due Oct. 1, 1973.
-Paul, Minn., acted as agents,
rities
the
of
the
to
The
and
June
has
company
to
1
1,
accrued
Trust Co.,'trustee,
j
&
-
-
of
of
1,
1943
$207,798,000
559,8^9,000
608,942,416
recommended
now
of
collateral-trust
managers.
collateral-trust
notes.
If
for
approval
notes
they
is
in
the
the
consider
issuance
discretion
of
tho
,of
the
that
first-mortgage 4%
bonds* series A, will-at date of
consummation of the plan be salable
at their principal
amount, such bqnds xnay be issued instead of tho
'
■
Jan.
to
'
'
"
.
.
to $9,071,393; preferred
and all annual charges
$4,937,928
from
$18,726,102
senior
creditors
New
general
Orleans.
.
,
,
unsecured
to
under-
Pacific
first
the
-plan
the
may bo
Missouri
as
the
.
statements
-and
the
>
of
capitalization
recommended
y
under
modified
both,
plan
tho
boncls
are
will tfo
which
expenses"of. the
property-subject to this mortgage would, so long as
outstanding, be -excluded
from
consideration
iare
of the bonds
any
in'
determinin'g
recornmended to
Commission
.
available
-
net
income
of
the
reorganized company.
Plan
,
.t
as
■
...
* Annual Charges—" ' \
interest,
Contingent' charges— "
;
Capital expenditures fund.—
FirstTmoi'tgage jinking fUnd—
;
be modified
,
.,
Fixed
and
.
of
outstanding under the^ Plaza-Olive Building mortgage
(left undisturbed,
tinder both plans, all income and
$41,097,979
distributed
be
Missouri
to
stock,
claims
^
'from
Omitted,
-
among
and
of
and
bonds
general-mortgage
satisfaction
Commission
$22,730,975.
to
in
Pacific
be
$8,568,271
to
stock
including such
issued
$559,890,000
1
for the distribution of further
so
order,
prior
to
amounts
"of
consurtimation
J
c
company- of
their
claims
plan of 1944
$8,721,654.
$7,271,900
-
the
"
!;__!,_!__
General-mortgage sinking funds
t
,
,.
518,635
417,02.3
7,697,483
•
Contingent interest
■„
-
-
t
—_
7,355,372
the
would
receive
in* the
Pacific
would
not
Changes-are
participate
iii
the
recommended 'in
-contingent
'.
xharges
855,275
_
7)95,876
_
$9,071,393
$8,568,27.1
-
and
in
not
"WoUld
the
entitled
Total
provisions
for
annual
charges prior
diyidends '.li
/ stdck"
3
receive
-
-
$15,840,261
2,885,841
.4,937,928
securities
new
reorganization.
the
$17,793,047
reorganization.
std5k
preferred
class
for
B,
common
Total
ol" Intex'h^tionaf-6reat
who- would
not .participate
Missouri
of
^
.
principal amount equal
unpaid .interest thereon to
of -holders
case
bonds
*
total
a
and
the
who
new
Tlie distribution
"MODIFIED
of cash &
securities
new
PLAN
"^In
-
each
interest
case
oxnitted. -i tlxr
each
com.
„
$22,730,975
Piaza-Olive
on
the
case
to
annual
$18,726,102
Building
payment
mortgage bonds is
into, the "capital" ex¬
penditures fund would-be
'.less
credits
-into
designation
for
PROPOSED
each
the
this
t
for
fund
equal to IVyfo of gross operating reVenues,
charges.
The. amount, if any, payable
year would depend upon
the extent to which
depreciation
in
any
charge and credit offset each
Missouri
Pacific
RR.
other.
Acer. Int,
Little
Rock, &
Central
St.
^Claims
Preferred
S.
156.58
360.00
163,24
*363.00
"363.00
164.91
364.50
364.50
158.25
361.00
361.00
Pref.
s
P.
1st
1st
$361.00
85,383,122
.
$361,00
'
B
Btk.
515.09
515.58
.
78,614,144
$1,593.33
20,149,634
820.00
171.87
$800.00
200.00
nxtge.
5s;_
4s
creditors
1,732,800
37,854
"moo
400.00
40Q.OO
795.83
ei.ob
316.00
316.00
630.33
—
360.00
360.00
150.00
150.00
313.33
1,220.00
—_
stock
70,190,100
81,314,343
,
.1
Mexico
100.00
877,370
"
1st
1,634,16
''499,000
4s_j____-
mtge.
mortgage
stock
&
Stk.
$515.58
360.00
1;925,533
unsecured
Texas
follows:
Common
518.59
^
Southern
&
V.
,
as
319.09
35,312,500
1
—
W.,
Louis
New -Orleans,
Ser. C
4 V2
83,441,744
oh- general
Commote
-
Ser. B
$158.25
______
bonds
H.
Cash
-Gen. mtge.
A
35,208,332
1st" mortgage
Branch,
:
-
i
Thebes
Boonville,
on
-J,
1975_"
5'/(S___'
&
.
of stock would be
Would remain undisturbed.
—*
Bldg.
1948
Value,
24,902,365
I3x,067,169
F, 1977-.^
G/ 1978——_U__
Series H,
1980—!
.Series I, 1981——-
5'/2s
par
■—1st mtge. 4s—•
,
i,
JAN.
$16,586,567
•
Coxxvertible
DATE
each $1,000,
5s—
1965
mortgage. 4s
for
or
-Would Receive-
lxicx.
•-40iai
"Series
General
EXAMINER—EFFECTIVE
Outstanding
Co.—
Equipment obligations "
and xefunding mortgage
1st
Secured -serial
BY
$1,000, principal "alnount of debt
Existing Securities
-
1365.
Com-
plan
reorganization
particulate:
from
principal amount of their claim
unsecured creditors of the International,
Holders
stockholders
215 048
p.
the
the
$40,615,900
'
stock,
each
seven
shared of
now
outstanding preferred stock.
The equity of the holders of the
outstanding common stock' would be held, to be of no value and suqh
Co., Inc., St.
York, N. Y.—V. 168,
1944,
modify
*
of
general
Cairo
Wall St., New
9,
to about $608,942,increased from $7,271,990
(excluding payments,, if any, itetp
from
should
adjustment
preference,
(7)
'
v
-
for redemption
outstanding first
its
16
changed
about
distributed
reorganize
110%
to
shares
Privately—The
Kalman
called
of
be
principal
of
-case
Dec. 1, next,'., at 100 V2
mortgage -4% * bonds, dUc
1950. Immediate payment of
the full redemption pi;ice, ..blus
interest to the redemption
date, will be made at the Bankers
all
fund)
i, ' 1948, -except "in
equal
Bonds—
interest,
further
major
f
NorthernvRR.
,
v
from
common
court
;•
Plaza-Olive
Calls 4%
-
be
Oct.
on
Ah creditprs of the ,system would receive (cash and/or new secu¬
Jan;
•company, it was announced Nov. 4', has placed
privately
1 With, institutions an issue of .$11,000,000
3%% first mort¬
gage
57,717,000
150,081,000
$209,258,563
capitalization
"In
provisions for ah issuance of -stock-purchase warrants- and
voting'trust vwould be eliminated.
,
'
'
Series
Placed
examiner
'The
a
'
836
186,915
Do.—Bonds
by
reorganized company including equipthe Plaza-Olive Building first-mortgage
would b® made
the
Series A,
fots
110,500,003
'
662
-
during
$352,091; 000
,
19,619
151,045
.
159,175,000
<
$399,683,853
r
417.056
i
,
$192,916,000
98,758,560
the
$2,885,841
on
would
*.i
i
.(6)
_
-
1,549,646.
171,055,162
Stock—
$559,-
tNot
but excluding
Provisioix
''"(6)
31,717
17,546
$228,628,691
-
•
$133,553
'
would
following
would
-
1365.
-Minneapolis
date
expenditures
1945
35,944
18,269
slightly modified
the
increased
dividends
cash,
■for
'
48,558
:
.J
General-mortgage bonds—*—
$608,942;-
system
proposed
•'r
from
railway
Net Jronx railway
Net .ry,-oper. income„_
,
$170,397
21,013
-
1946,
$159,198
In
capitalization of
dividend
(8)
1947
$191,007
-
From Jan. 1—
.Gross
.
1948
.
166,809,000
class
-
to
(4)
Midland Valley RR.—Earnings—
September—
to
•
•
.
of
from, the
report
Pacific's
10,352,000
.
,
arrangements
Midstates Oil
lCorp.,
*
preferred
refunding mortgage
a
„
1944
report
part, $35,453,866,. of
the
total
cash
recommended plan wpujd. be allotted
bondholders.
•'
be
started
*
the
Missouri
$15,755,000
40,615,900
166,838,127
new
have
now
Commission
$21,174,664
of .cash. ,in part satisfaction of their claims, No .options-of-.pash or
securities' would be
offered as in' the Commission plaii. The major
,
producing, oil wells and seven-producing ga\s
already been completed in 1948 and 20 additional
drilling or about .to be started. -More wells will
wells
are
Total
j:
!__Contingent-interest debt—
com¬
present
$30,081,471
increase
an
in
the
recommended
1944
effective
prior
v
.
of
and
those
plan of 1944
'
.
Total debt
supplemental
1944 as
_now,
of
stock
He reported fhat 40
^/
capital
a
•
with
■
•
.
with
Annual fixed-interest charges would
*plaii-,"
barring 'any
-.volume of ap¬
a
1948
to
$8,721,654;^contingent charges,
"
any
'
road's
"B".
the
tTotal
duly 4,
would" be
000.
petroleum- products,
allowables,' should
proximately 9,000 barrels
6,190 for, 1947, Mr. Glass
'
•
.
as
Total
(3)
,
,,
fourth
m?nt obligations
r
.{„•
for
public financing."
"
settled
found
$70,190,000
that'
on
Mr. Glass reported that of the 287,264
outstanding, class A shares*
204,806 shires already have been surrendered for
conversion.
"It is
expected,"
he
continued,
"that
substantially alj. of the remaining
.class A shares-will be-.surrendered for
conversion by, Nov, 27, 1948,
and that the
company will'be .in. a position in the near future to call
for. redemption any small residuum of:
unconverted • class A shares at
the redemption
price of $30 per share, without the need
.
be
The
recommended
1, 1948.
(21
27,
cents
record
of
plan
The
(1)
Jan.
share
conversion
the
of
report
improvements
on
The :plan
mission's,
.
shares
before Nov.
,or
holders
class
per
preferential dividend,,
the holder to receive
only
•■'
.
of
!
Jewell's proposal.
follows:
commission
to
received in exchange, which will be the equivalent
of $2*40 per' class A
surrendered for conversion.
This holder, however, will not be
"
Equipment, obligations (undisturbed)....
^Collateral-trust"' notes!-!—.
First-mortgage bonds _!—,—
-
he
>
with
«
.
the
of
class
new
a
•
.
be modified
Capitalization—
Fiked-interest debt—
piis proposed report, extensive modifications are recommended
the modified plan of
reorganisation for the road approved by the
of
share
'entitled
Value."
would
holders
of
held,
,
capitalization
recommended to
j
In
for
be
of'no
that
shares
now
capitalization proposed
of
summary
Jewell
the
shares
will
the
on
stock
B
their
surrender
three
shares
•'
Plan as
last
-
.
'
new
years.
.
*
be
examiner's
recent
that
1948
and
rtb
recommended
receive
outstanding
because
the
-.
-
seven
stock under Mr.
890,000
for
52,650,000 compared
1947
Jewell
each
,
corporation
approved
'
S.
plan.
should
for
stock
common
1944
Mr.
stock
stock
ICC
board of directors
of'the
•*
modified
_
under
Although
mon
The
estimated
first
had
preferred
"
.
•.
He
the
earnings
eliminated
U.
District'' Court's order confirming the
taken.to the U. S. Circuit Court of Appeals for the
by security holders who contended that war-time
provided equity for holders of preferred and common
plan was
eighth circuit
stock
holders
to
since 1944 when the
plan for the Missouri Pacific.
from- the
appeal
,1944
,
the
11
contlitipns"
reorganziation
first
''
charges as recommended jn the report compared
plan appx-oved by the -Commission in 1944:
the
of
Middle States Petroleum
4
'
-
Following aref tatiles, showing the
'
:—
428.57
-
Would
not
Would
remaiq undisturbed.
participate
in
the
reorganization.
Ry.—
*
Equipment
Minneapolis-HoneyWelf Regulator Co.—Earnings—
.
..
(Inqlxxding Domestic
Period End.
Net
Sept. 30—
sales
Profit
and
operations-Other income crc-dits___
:
Capital
1948—9 M0S.—1947
$13,955,023 $12,877,708 $38,524,374 $43,302,924
2,083,518
2,154,539
4,902,780
7,745,887
43,690
30,226
7 135,620
76,270
{\ capital
stock
.
$2,127,208
and
ta-xes_2
Equipment
844,416
Series
a,
,
Series
3,096,600
177,897
-124,688
$1,300,525
1,243,800
$2,931,502
$4,602,868
$0.97
$2.14
*39,823
,.,
.
$1,246,832
^
Common shares cutstdg.
Earnings
per com;
sh;__.
NOTE—Operations
the
xxine
months
panying
1,243,800
statement.
$0.9?
the
of
ended
European
Sept.
Net
30,
sales
1948, include $539,310 by the
1948,
for
and
are
the
Mexican
1,243.800
■
company, and
its domestic
$160,319
168,
p.
amount
-;14Would
receive
for. total
1948
from
Net
from
Net
ry.
1947
railway_!__
railway.
$4,879,394
income—_
1,232,023
oper.
2,208,455
From Jan. 1—
,
Gross
Net
Net
from
from
ry.
railway____
railway
"•Deficit.—V.
163,
p.
-
$3,458,641 .$2,947,418
1,043,236
660,123
■.,
,
.'
.
'.
series
"Our
Queeny,
September—
■",
,
-
"
1 9.780,074
957,184
*353,533
and
-1948:
-1947.
-
,
1946
.
.
1945
from
$1,657,100
423,096
$1,333,940
$1,459,126
572,455
Net
319,917
485,491
ry.
267,553
193,290
130,976
250,672
From Jan. t—
'•
.
Gross-from "railway.!
.Net
Nef
from
ry.
railway^.
income
.
14,775,822
3.048.306
,
oper.
1,337,113
13,301*278
3,324,584
1,372,845
'
.
10,406,524
11,639,407
623,336
2,790,049
ni3,063
on
Pacific
RR.
Total Capitalization 6f
mon-
—
ICC
1,282,469
Examiner Recommends
.Interstate
Commerce
Commission
.
..
Ralph H. Jewell in a
report issued. Oct. ,.28 has recommended
changes
in
the
system's
reorganization which would give common stock in the new
company to
preferred stockholders.
The examiner's report would eliminate co'rn-
64.50
.
.
600.00
601.00
60.00
577.00
578.00
60.00
577.00
578.00
660.00
Bldg.
mortgage
of
average
$14.83
$1,0.00
per
trust
which
has
been
created.
tAmount
not
finally
440.00
ascertained-r-wouJd
bond in cash and their principal in equal principal amounts of either
notes.
creditors would be
general
paid
'
•
'
•
.
In cash
a
single
were
loss.
from
board,
the
in
a
letter
to
and
on
is
the
of
valuation
income
it
of
some
that
result
opinion
of
between
of
clauses
the
company
property,
the
between
compromise
a
their principal amount plus
at
believed
in
original
our-
-
interest.—V.
168,
1484.,y
p.
hicome
occupancy
ended
come
April
as
it
15,
was
taxes,
insuraftce.
1948,
the
a
the
net. of
entire
received this
insurance
continued, at
amount
year.
to
expenses
$1,097,195
this
-■
-
the
insurance
amounted
for
the
to
Texas
the
September—
Gross
period
of
1947."—V.
from
1948
..
.
1947
.
1945
1946
railway__i_
$325,927
$237,327
$287,940
railway-.-!—,
Net ry,* oper. income,,,
118,310
29,460
91,847
Net
from
Net
rv.
income—,
opex-,
69,074
64,084
1,920,295
2,212,375
643,666
336,657
723.383
552,765
325,601
36,510
'
*
-
640,694
V.168, p." 1365.
$252,924
83,880
2,334,645
; 100,655
.
From Jan. 1—
Grogs ..from, rajlway^,^ - 2,?80,605
Net from railway—632,168
reduce
recoyery1,
*
538,895
...
Mt. Vernon Telephone
sec—
«•
.
The
SEC
be
will
,
-
••;
-
company
covering
$100) ,> to
iipar
be
used
p.
3402.
City
loss,
ana
realized^ from use
applies ta the ,yeay
included in 1948 in¬
*
■!
.
Corp.; Columbus, O.—Files With
-
'
to
on
Oct. 25 filed a
letter
of notification with
tbo
3,000
shares
of
4lA'fo
cumulative
preferred, stock,
be Offered at par without underwriter.
Proceeds wl'l
reimburse
-
the
-
,
treasury
-
for
capital
expenditures.—V.
"
"
-
15JK
"V
Ndshvflle Chattanooga & St. Louis Ry.—Earnings—: ~
Septemlxer—<
was
recovery
13/3
160,
$119,382,197—approximately
corresponding
•
earnings, for the nine, months
Sept. 30. 1948 were $11,568,483, equivalent,, after, proyision for
preference dividends, to $2.51 a share on the 4,2,74,495 cOrqmon shares
outstanding at the end of the third quarter. This compares
$12,395,367, or $2.79 a share earned in the similar period of 1947.
"Excluding
'ended
those
Montour RR—Earnings—
,
..
recovery
.
.
Although
period
than
1584.
p.
.
'would be
adequate to replace the styrene imonomer plant with a somewhat
smaller'Capacity plant, the property settlement of $13,362,000
will
fall approximately $2,000,000 short" of the - cost of salvage, rehabilita¬
tion, replacement of inventories, and improvements incorporated in
the new plant. The difference resulted from a smaller than anticipated
recovery and a greater than anticipated reconstruction -cost; due both
to the rapidity with which the plant was rebuilt and rising labor r^tes
that
..
the
for
greater
*
statement..-,
was
Sales
■;
the
City disaster have
this is the largest
many months of
Texas
advised
are
It
differences
the
City Claim Settled—
follows:
We
interpretation of
is
"Although
'and
•
examiner
PI'aza-Oli've
new
the
/'After providing for expenses .that
jxlant during its rebuilding, certain
$608*,942,000—No Equity for Com¬
Stockholders—
_
'
for
There
the
applicable
Missouri
as
of
resulting
,and material prices,
"Peficit.—V. 168, p. 1365;
'
paid
settlement
'
•
Net
•'*
.
60.00
60.00
*
the amount of loss
the policies. (The
claim and
the
original offer by the underwriters.. We regard
this. consummation
as
preferable
to ,the only
alternative—long and
costly litigation.
Effect has been given to this settlement" in the accompanying balance
1,720,068
'
:
$'1,893,391
'
!
under
claims of
$17,312,00p,
the underwriters
•.and
3,721,709
...
railways
railway__,_i_,
oper. income—
28,305,785
receive-an
Chairman
loss
for
for
negotiation.
-19.980,177
1,257,499
1,450,364
from
150.00
150.00
1st mortgage bonds or collateral
29 said
Oct.
on
claims
ever
.sheet
,
64.50
8,550,000
7,837,500
interest to Jan.
1, 1948, approximately 10% ,in new preferred stock and remainder in class A common
JAmount not finally ascertained—would ^receive for total claims, hxcluding interest to Jan. 1, 1948 an equal principal
tIAmount not finally ascertained—would not participate In the reorganization;
bonds/series a;
will
4%
20-year
settled
sum
62,964
Minneapolis & St. Louis Ry.—Earnings—
Gross
180.00
26,047,500
Monsanto Chemical Co.—Texas
533,425
3,255,105
"
750.00
V-
including
bondholders
A
Edgar M.
stockholders
$3,143,984
22.780,816
1365.
Would remain, undisturbed.
mortgage
NOTE—System preferred
been
4,139,187
,
claims,
general
new
These
x
new
1945
380,017
<
,
750.00
1,867,137
'
ap¬
26,617,172
4
income___
oper.
1946
513,612
issued
bonds
stock,(at $100 per share).
1695.
Minneapolis St. Paul & Sault Ste Marie
RR.—Earnings
Septembex—
859,800
Co.—
bondS-I.—^
—,—,—
.
Gross
RR.
mortgage
subsidiary to
this
of
30, 1948 —V.
6s
'.amount of
for
included Jn the accom¬
months ended Sept.-30,
Northern
-
^
-
$3.48
subsidiaries
not
nine
the European and Mexican
subsidiaries:
plies to the three months ended Sept.
1,243.800
/
1st
,*
x41,218,520
5s
:
j;——
5"s__!_!_i.n_;—....,-V-
C,
^receive
Net income.
,
2,720,960
——
—
creditors.
Adjustment mortgage 6s,._„_j—
liClaims, of general unsecured creditors
•
1,929,000
"72,375
.
1
—
Great
obligations
-Series- B,
$7,824,157
t
808,000
Misc. income charges—!
$5,038,400
^
,
.
$2,184,765
stock
International
-
*
-.Gross income
Prov.. lor .income
obligations
.
1st
mortgage bonds
IClaims of general unsecured
Subsidiaries)
Mos;—i947
1948—3
1
from
Canadian
Gross
from
Net
ry1. oper.
1
{
1948
from' railway—---
Net
J 947
102,402
5,259
*103,063
26,539,292
22,858,996
21,701,729
4.729,862
3,471,749
1,240,724
1,030,717
$2,715,275
$2,315,726
150.590
$2,924*571
-571,974
income
1945-
1946
$2,486,547
236,932
railway—v—_
•
103,01.1
-
*
105,975
From Jan.1—
Gross
Net
from
from
Net ry.
*
railway,—_
railway
'
oper. income,,,
2,062,385
Deficit.—V. 168, p. 1484.
*579,908
29,85*8,621
7,526,020
2,879,781
10
Operating
revenues
190,031
165,493
136,647
: 252,520
127,919
220.898
_
Depreciation
ioperating
.Income
taxes
'
—
52,112
taxes
$214,169
Operating income
Other
$112,474
$142,502
1,578
1,924
Gross
income
income
Net
$215,614
$114,052
$144,426
124,881
168,821
164,854
167,
*$63,469
'$24,395
'$10,829
$88,461
—■
•Deficit.—V.
2470.
p.
National Cylinder Gas Co. (& Subs.)—Earnings—
1948
1947
1946
Sales
$19,110,597 $16,077,743 $14,511,919
Net Income after charges and taxes
1,861,492
1,525,710
1,713,873
Earnings per common share
$1.32
$1.06
$1.20
9Months Ended Sept. 30—
-
It
also announced
was
Oct.
on
20
cents
distribution was
stock
p.'1257.
168,
&
"
1,105,000
1,105,000
Gross
Cost
less discts.,
sales,
36,485,067
27,455,915
4,122,936 ' 3,482,695
12,798,410
1,485,115
$2,120,114
$9,244,857
$6,147,120
100,263
exp.
9,767,723
1,199,424
$3,700,029
goods sold
adm. & gen.
of
Sell.,
$13,087,261 $49,852,860 $37,085,730
allowances $17,956,554
&
returns
$2,224,103
13,632
45,130
53,484
Total
*$859,353
280,090
$2,269,233
$803,680
1,150,714
1,125,490
profit
*$1,368,329 *$1,139,443
Approp. net income for
$1,118,519
*$321,810
Ohio
L.
Rollins
H.
&
55,616
258,093
404,093
Total
Int.
$3,800,292
$2,175,730
99,078
83,254
49,132
35,701
15,071
55,461
taxes-
l,429f000
791,000
3,459,000
—
$2,208,011
$1,210,314
outstanding—
2,112,336
1,679,869
$5,545,548
2,112,336
share-
$0.99
$0.65
$2.48
$2.04
accts.
Misc!
deductions—
Prov.
for
income
$9,502,950
302,129
135,989
60,284
from
ry.
Net
Com.
profit
shs.
14,226,518
RR.—Earnings—
1948
1947
1946
1945
$415,681
$358,439
$374,024
$290,385
133,550
100,253
18,519
110,873
91,211
69,784
railway
51,166
45,694
3,498.444
1,361,327
railway-
income—
oper.
16,451,243
946.
p.
From Jan. 1—
Sons
from
Gross
1,105,000
1,105,000
Net
from
Net
Company, Inc. 1,055,000
ry.
—V,
railway
3,776,876
168,
3,048,908
3,006,634
1,060,374
806,383
306,164
railway——
185,247
767,758
31,821
incomes
oper.
S. Govt, securs. and all
net-quick assets (after prov.
oth.
for
all taxes incl. income
Sept. 30,
.
Net Worth Per Share-
U.
Cash,
taxes
listed
notes
&
fixed
as
Stock
45.22
2.65
3.57
Ex¬
nonlisted
of
corps,
undertakings (fair val.
17.89
12.98
12.65
$79.87
$62.25
$63.30
by directors)
Estimated
-V.
'$1.86
44.58
2,14
London
on
$2.04
57.10
—
(at market)
other
and
1947
Canad'ns
Exchanges (at.market)
Shares
1947
$2.74
Securs. listed
change
168,
Mar. 31
-Sept. 30
1948
to
1948 and 1947 and Mar.
1947, respectively)
on U. S. and
31,
499,880
1696.
p.
Newmont Mining Corp.
RR.—Bids for Bonds—
Pennsylvania RR, has
priced to yield from 1.45% to 2.55%, according to matur¬
ity.
They are offered subject to approval of the ICC.
Associated with Salomon Bros. & Hutzler in the offering
"
1,386,654
New York Susquehanna & Western
Net
RR.—Equipment Trusts
Offered—A new issue of $4,600,000 2V4% equipment
trust certificates was offered Nov. 5 by a group headed
by Salomon Bros. & Hutzler.
The certificates mature
each June 1 and Dec. 1 from 1949 through 1958 and were
$3,741,760
1,679,869
-
for doubtful
168,
1,515,544
September—
New York Chicago & St. Louis
$6,551,213
221,362
100,828
133,263
2,354,000
Income
funded debt
on
Prov
(lbs.)
steam
•Loss.—V.
Securs.
Operating profit
Other income —
250,000
*$571,810
-< 000 omitted)-
of
Sales
/
•
250.000
$868,519
income—
of
from
—
&
,,
property
Balance
649.
p.
$750,196
acquis, of bonds or of
new
Net
Rothschild & Co._
F.
284,146
Net
$1,055,000
Incorporated
Stroud
deductions
Income
follows:
as
are
Company
-*$1,084,183
the
and
issued invitations for bids to be received
before noon
(EST) Nov. 16 Ym $14,518,000 first mortgage bonds of
New York Bay RR.
The bonds will be dated Oct. 1, 1948, and mature
Oct.
1, 1972.
The Issue will have the benefit of a $300,000 annual
sinking fund.
The bonds will be guaranteed by endorsement
by
Pennsylvania RR. as to principal, interest and sinking fund.—V. 168,
The
1948—9 Mos.—1947
*
•$872,985
1
'
1948—3 Mos.—1947
1,105,000
:
Weeks—
&
E.
Higginson
New York Bay
''
Operating profit
*$1,094,424
income (net)10,241
and its sub¬
underwriters
several
The
Corp'n— 1,105,000
—V. 168, p.: 1802.
' ,
Y
National Gypsum Co. (& Subs.)—Earnings—
Period End. Sept. 30—
the
of
names
$1,260,000
Co
Hornblower
Lee
also
was
—V.
Drexel
stock
made.
2,895,195
Nonoper.
principal amounts to be purchased by them
Bear, Stearns & Co
quarterly dividend of $1.07 per share on the preferred
declared, payable Dec, 1 to holders of record Nov. 8.
usual
The
$1,800,771
a
Brothers
Lehman
10 to
per
deductions—
Gross
respective
directors have declared
the usual quarterly cash dividend
share on the common stock, both payablfe Dec.
holders of record Nov. 8, 1948. On Dec. 10, last year, a Vh%
of
(then in receivership)
revenues
Oper.
rev.
\ 1948—12 Mos.—1947
$1,521,036 $20,394,654 $15,522,317
2,394,021 .18,170,551
14,772,121
1948—3 Mos.—1947
Operating
.
Is
UNDERWRITERS—The
that the
28
stock dividend in addition to
2%
Railway & Light Co.
company
Corp.—Earnings—
Period End. Sept. 30—
business.
Declares 2% Stock Dividend—
a
New York Steam
Co.
public utility operating in the State of Louisiana,
and is a subsidiary of Electric Power & Light Corp. and of Electric
Bond and Share Co.
Company is one of four subsidiaries of Electric
Power & Light Corp. which make up a coordinated and interconnected
electric system
in portions of Louisiana, Arkansas, and Mississippi.
The other three subsidiaries of Electric Power & Light Corp. in that
system are Arkansas Power & Light Co., Louisiqn^ Power & Light Co.
and Mississippi Power ft Light Co.
The company
supplies electric power and light, natural gas, and
transportation services in the city of New Orleans. Electric and gas
services are supplied
to residential, commercial industrial, and gov¬
ernment and municipal customers;
gnd electric sarvice is supplied to
one
utility customer (Louisiana Power ft Light Co., an affiliate).For the 12 months ended July 31, 1948, total operating revenues were
$34,859,333, of which approximately 49.9% was derived from electric
business, 20.1%
from gas business, and 30.0%
from transportation
$101,385
127,153
-
...
deductions
(predecessor)
Power
sidiaries.
The
Monday, November 8, 1948
company
Orleans
New
2,237
*■
Inc.
&
decessor
$99,148
1,445
income—net
Income
2,283,250
3,006,004
expenses
Maintenance
Light
1948—12 Mos.—1947
$5,017,348
$3,815,582
4,092,740
3,066,227
259,436
217,431
180,630
169,701
325,343
286,210
16,697
Cr23,135
1848—9 Mos.—1947
$3,851,483
$2,910,034
Operating
was consolidated with
Consumers Electric
and Citizens Light & Power Co., Inc.
The pre¬
Itself was a consolidated corporation, resulting from
previous consolidations (with constituent subsidiary companies) which
extended
back
to
Sept. 27,
1922, on which date the original New
Orleans Public Service Inc. was formed to acquire the properties of
Service
Co.—Earnings-
Nassau & Suffolk Lighting
period End. Sept. 30—
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(1906)
net
worth
share—
per
1257.
p.
Newport News Shipbuilding & Dry Dock Co.—Billings
13 Wks. Ended
:
-39 Wks. Ended-
*
Earns,
per
com.
NOTE—Prov.
deprec.
—V.
for
Drexel & Co., Union
are
$615,384
$1,614,211
$349,707
Ship conversions and
certificates
163, P.. 1365.
Malleable
Steel
&
Castings Co.
3 Mos. End.
Period—
Net
Oct.
profit from operations
Other
income
(net)
certificates
$1,031,871
$4,078,881
45,125
The
tion
29,641
——
$1,051,795
Interest paid
^—.4.—
Provisions for income taxes
4.^.
15,399
401,500
Prov. for possible inventory losses—
I—_1i—_
Net
profit
NOTE—The
for
possible
values
of
company
Inventory
certain
values.—V.
$4,124,006
Hall
Inc., 'offered
Co.,
&
99.354,
at
a
71,042
27,949
524,500
283,640
$563,854
$2,217,724'
$230,881
inventories
their
and
current
Gas output for the Oct. 29 week is reported at 188,229,000 cu. ft.
This is an increase of 34,079,000 cu. ft., or 22.11%, above production
p,
1802.
ft.
for the, corresponding week,
a
'•
in-
."
.
year
ago.—V.
:
has
ICC
of
set
1
Dec.
the date
&s
for
hearing
a
on
the applica¬
& Lake
company to lease the properties of the Wheeling
and for the issuance of securities.—V. 168, p. 1802.
the
Stephen
the
„
M.
Foster
54
died
in
Nov. 3
years.
of
age
Co.—Obituary—
,i.'t
Net
;
f)
Gross
Mineola,
Long
Island,
ry.
—V.
1945
$903,044
401,221
176,681
$733,545
265,669
124,461
$757,341
591,021
271,174
from
railwayrailway
from
Net
income—
oper.
9,559,341
39,651
7,708,832
3,098,947
6,256,565*
Net
1,703,397
Net
1,327,334
477,164
taxes
September,
railway
Service
Fixed
chgs.
Net
Fed.
1, 1948; due Oct. 1, 1978.
Interest payable April 1 and
Oct. 1, in New York City at
principal office of Chase National Bank,
corporate trustee, and in New Orleans at principal office of National
SINKING
AND
continuing
initial
1978
to
issue
and
the
under
of
'
or
delivery
result
to
have
an
.
,
income
1949
and
in
will
and
be
for
used
other
PROGRAM—Company's
of
1948
expenditures
of
and
the years
to
in
Net
inc.
Fed.
.
$253,732' $1,209,094
9?,50L,.'.,; 559,000
0i
and
program
1950 is
approximately $5,750,000,
for
expected
$9,900,000
and
$160,228
*$194,068
GIVING
EFFECT
3Ya%
series
due
1974—
3V*%' series
due
1978~t_.i~J
4%%
TO
PRESENT
Authorized
$5,139
829,199
til,018,128
300,000
taxes
5,139
*
—.
*$1,023,267
credit
inc.
t$194,068
_
829499
taxes
300,000
*$723,267
$5,139
$10,323,755
$250,0°°,000
**$718,128
$3,429,843
before Fed. inc.
income
income
Fixed
j
taxes
7,555,951
.
$2,767,804
$3,429,853
$6,197,657
1,128,324
1,080,676
after Fed,
inc.
taxes
the
In
Fed.
inc.
tax
Fed.
inc.
$2,349,177
$3,111,184
*$3,988,657
—_
first
Haver)
charges
1,
taxes
and
Bernard E.
Net
Effanbee
Co.,
Lucius
interest.
1947
basis
on
'
' 77*798
Net
net
of
income
includes fixed
reorganization
effective
ry.
1946
1945
$628,320
$611,659
65,480
'21,846
••
)952j8il'.7i shs.'
1,023,000 shs.
♦Additional amounts,jnw be, issxied.j fetfbjecfc. ta approval of
govern¬
and limited .by the requirements 0* the mortgage under
mental bodies
the 19,78
^erfes .Bonds, are ,to pq.issued.
BtJSINESS-—Company is p.- consolidated
♦145,026
Net
COM!JANYr
'95,939
207,132
*772,069
5,469,253
from
ry.
formed
under
consolidation
the
laws
of
the
State
agreement of Dec. 28,
of
Louisiana
as
a
OPERATIONS, JAN.
contracts
at
1,
1948,
Sept.
30,
TO
prices*^subject' to
certain
term's
adjustment;
and
conditions.
30,
corporation
of
the
1925, whfereby New Orleans Public
p.
negotiation
1484.
for
which
has
Whitehead
have
been Vice-President
contracts
have
not
in
elected
been
charge of the
former
President
economic
adviser
of
New
civilian
the
on
Clock
Haven
staff
ft
1585.
Ry.—Earnings—
1948
1947-
me
1945
$740,574
$647,585
$535,354
232,658
150,707
91,696
35,975
87,183
60,348
17,283
•6,900
7,567,563
6,440.994
5,795,641
1,889,574
1,041,821
5,887,563
688,158
720,916
260,506
*9,692
419,887
income
railway—
railway—
income
oper.
1,121,072
1365.
FOR
THE
Ltd.—Operation Earnings—
MONTHS
9
(tons)
167, p.
ENDED
SEPT.
30,
1948
172,925
1
1925.
Alfred
will
assume
son,
resigned.
his
in
A.
■
Lane
has
duties
new
Mr.
Anderson
preparation
Liners
which
Captain
$1,060,000
3,757,012
,
$0.28
^
been
Operations Manager4-
named
immediately.
will develop
for
Operations
He
training
operation
the
of
M.
in
April,
this
corporation
has
on
company
$11,000,000
—V.
and
being
twin-engined
new
order
for
bids
are
and
is inviting bids
first
Savings
p.
mortgage
presented
Bank
Chicago
168,
90,
1696.
output
63,269,000
ir>
111,,
to
for
the purchase from
bonds,
the
(Room
at
or
of
this
kwh.,
as
B,
11
D,
at
due
the
floor),
20th
a.m.,
I--'")
'
it,
as. a'whole
Nov.
1,
^978.
office of Harris
115 'West Monroe
(CST),
0it
Nov.
16.
(Del.)—Weekly Output—
for the
compared
an
series
company
before
company
corresponding week last year,
\
Service Co.—Bids for Bonds
Northern States Power Co.
Electric
totaled
dpliyery
-r
•
Such
1
Ander¬
Joined
the
traffic
department
of
North,easl
1939, and has been retained as pilot since' '-Janu¬
Northern Indiana Public
The
H.
program
1941.—V. 168, p. 1586.
ary,
of
Manager.
succeeds
the
Lane
Airlines
week
with
increase
of
ended
59,159,000
6.9%.—V.
Oct.
kwh.
30,
for
1948,
the
168, p. 1802.
11,423,958
^Northern States Power Co. (Wis.)—Changes in Capital
contracts 1 subject' to
*•
Y •'* v.;1
.
been
,
-
Whitehead,
Northeast Airlines, Inc.—New
29,069,630
NOTErtiAbove does-mot reflect approximately $86,000,000 of contracts
in
•
Y,
$855,818
Captain
.
result
1947
t
1948
5,308,693
priox
fepaid
y,i Y..»
—„
V.
1948 (est.)_ $34,378,323
_____
:on
be
1
profit after prov. for deprec. and all taxes (est.)
Capital shares outstanding
Earnings per share
*
6,283,131
Orders, Etc.—
SEPT.
Billings on account of undeliv. contracts to Sept* 30, 1948__
/Gross value of uncompleted work on undelivered contracts
at Sept. 30, 1948Billings'for 9 months ended Sept. 30, 1948-1————
*Con&a6t
Y
Normetal Mining Corp.,
Trust
New York Shipbuilding Corp.—Unfilled
-f
since
•Deficit.—V. 168, p.
'•49,065
*1,154,302
cancellation
.
;
•-
47,093
»123 786
491,366
undeliv.
will
-
amount
railway
from
1949.
*837 673
of
full
.
railway-/
oper.
Convair
1947
,
$2.09
30,
From Jan. 1—
liqcludes
fixed charges
6,328,051
'Gross value
shs
the
division.
was
from
from
tDeficit.
$726,479
oper.
ON
that
,
September—
Gross
$3.031,923**$l,25O,6l3
taxes,
6,010,421
ry.
.
Norfolk Southern
taxes_t*$4,282,536
315,600
income—
'821,744
'Deficit.—V. 168, p. 1484.
from
Net
hopeful
oper.
From Jan. 1—
Net
Sept.
General
Net
30,610
railway
railway
ended
German
975,000
141,135
from
year
of
975,000
$704,160
income—
fiscal
current
Berlin, Germany,
as
control
officer
of
the
Public Corporation from July, 1947 to July, 1948.—V. 168, p.
milled
income
168,
the
Clay,
Ore
1948
railway
railway
the
Fleischaker and Richard H.
H.
8,368,720
bond
from
Net ry. oper.
Gross
is
Doll
Richard
Watch
*$2,225,613
and contingent interest
1947.—V. 168, p. 1585.
fromv
loans
Fleischaker
Mr.
$3,031,923
New York Ontario & Western Ry.-Earnings—
Gross
limitations.—V.
corporation has repaid $2,450,000 of the
aggregating $5,000,000 incurred durjng April of
1949,
*$5,257,536
Federal
September—
profit
directors.
the Boston & Providence RR., but excludes
company under the plan of reorganization.
Includes accrued
and unpaid charges against Boston Si
Providence properties for Boston
Co.
of
that
Two New Directors—
3,031,923
that
Terminal
said
and
1,
—"
operations of
of
repricing and
Corp.—Repays Part of Bank Loans—
quarter
bank
year
Jan.
8,368,720
taxes
after Fed. inc.
New
Billings and unbilled
contracts are subject to any adjustments which
3,
Sadacca
seasonal
fthi8
$3,111,184
$3,031,923
carry-back credit
Net income
long-term shipbuilding contracts
basis; such income for any period'will
reported.
was
Net
*$1,639,480
Sept. 30, 1947—
before
from
Sadacca,
Nov.
on
OPERATIONS
inc.
income
billings on the contracts.
President, at the annual meeting of stockholders
told stockholders that he expected per share earnings
for the current three" months, ending Dec.
31, to compare favorably
with the corresponding quarter of last year when $2.19 was earned.
2,209,000
taxes
STATISTICS
*i0'ooo'o00
major contracts unbilled at Sept. 27, 1948,
statutory
Noma Electric
3,429,853
—
7,555,951
.
chgs. Si contingent interest—
Net
FINANCING
100,000 shs.
of
548.
p.
$10,323,755
,
(neti
railway operating income—.
Non-operating income (net)—
Outstanding
) .{*$33 640 000
:
preferred stock ($100 par)
Common ,stock (no, par•
unbilled
the Department.
from
result
Street,
mortgage bonds:
balance
on'government
balances
might
! *$650,094
$5,139
•Net
deemed to be appropriate.
CAPITALIZATION
contracts
.
;i$4p9,866;Y' ;
income—
income
9 Months Ended
com¬
The company is raising part of the funds for its
1948 and 1949
construction program and for other corporate
purposes by the sale
of the 1978 series bonds now offered.
Additional funds will be raised
as
needed through the sale of such
types and amounts of securities
may be
$39,362,578
major
therefore vary from the
Grdss
purposes.
construction
1949
part
of
reports
company
instituted
finance
corporate
$5,125,000 respectively.
as
.
465,496 i
contingent interest—
Net income
July
proceeds
2,758,733
award from the Department of the Navy for the construc¬
aircraft carrier in the tentative amount of $124,000,000, the
estimated by
Sept. 30. 1948—
operating
chgs. &
•Before
FUND—Commencing, in
—
$955,362.
income
carry-back
after
railway
Federal
n
1977. is designed (on the basis of the
principal amount), to retire $2,900,000 of
the waiver of the right to the authenti¬
equal principal amount of bonds issuable
program
5,391,236
the percentage-of-complction
on
Net
redemption
general
cause
of
net
construction
fthe last five months
to
Bonds
,
mortgage.
CONSTRUCTION
•
Orleans.
including
$10,000,000
PURPOSE—The
pany's
New
IMPROVEMENT
and
series bonds
cation
in
redemption prices.,,
788,510
contingent interest—
9 Months Ended
Dated. Oct.
Commerce
867,662
21,454,416
;
*$212,746,668 $61,154,393
employees at the close of the period
11,737
11,678
cost
The
Total
$1,743,872
253,732
788,510
$253,732
(net)—
before Fed.
tax
income
Net
Offering—
$10,000,000
interest to yield 3.14%* but the issue was
repriced down¬
ward to 100.955 to yield 3.20%.
At this price the issue
was placed in full Nov. 4.
Further details follow:
of
at
1947—
income
&
income
Fixed
Inc.—Bond
Operations
—
—
operating
Non-operating
872,611
Public
—
balance
an
Henri
$1,743,872
':{•* V 'V.Jr,
after Fed. Jap. taxes
income
Month of
4,075,280
2,031,206
As noted in our issue of Nov. 1 an issue of
first mortgage bonds, 3y4% series due 1978 was awarded
Oct. 26 to Lehman Brothers and associates on a bid of
101.56513. The bonds were to be offered at 102.125 and
and special
Y.,
held
Operations
income before Fed. inc. .taxes
Non-operating
Bank
N.
Railway
income
IT'7 ft >
•Net
Orleans
1,919,611
2,064,021
oper._
of
Hartford RR.—Earnings-
income—
operating
Federal income
9,163,439
4,456,596
_
168, p. 1365.
New
3,932,979
the close of the period-:—
at
Mr.
265,197
-
_
—
Number of
1
-
(net)—
Fixed chgs. & contingent interest—
•Net
1946
Jan, 1—
Net
railway
Non-operating
tft.
$1,133,598
-
•Net
.
1947
oper. income
ry.
From
1948
38,253,831
814,617
$16,750,144 $14,652,478 $58,750,581
and
tion
s
New York, New Haven &
,
New Orleans & Northeastern RR.—Earnings—
September—
Gross from railwayNet from railway
work
•The estimated
Recognized among economists as ph authority in the fields of money
and finance, Mr. Foster had been Economic Advisor of this company
since Feb. 17, 1941.
For 10 years previously he had been economist
with the City Bank Farmers Trust Co. of New York'City, specializing
in factors affecting the movement of money rates, bond prices, stock
prices and business activity.—V. 168, p. 1696.
168,
"
1
I■: >• Jt 1
1
;
7,613,429
1,639,525
and
Sept. 27/48 Sept. 27/47
Month of September, 1948—
Association—Output—
the week ended Oct. 29, this Association reports electric output
15,618,778 kwh. This is an increase of 78,937 kwh, or 0.51% above
production of 15,539,841 kwh, for the corresponding week a year ago.
For
!
9,713,777
turbines
accessories
Total
other than
New England Gas & Electric
re¬
pairs
Hydraulic
Other
~
~
$5,356,770 $11,172,535 $13,229,818
includes the
market
of
1«n->
For
Estimated
Railway
n-
sale.
Inc., bid 99.3245 and
Brothers (Jointly) bid
price of 99.399 for the
1257.
of 154,150,000 cu.
interest
net
a
the
2%s.
as
New York Life Insurance
$1,066,970
56,437
1,796,100^
93,745
follows the practice of adjusting the reserve
losses to reflect differences between the book
material
raw
168, p.
of
received
$1,037,329
19,924
——
profit
bid
a
were
Hearing Set—
Oct. 2,'48 Sept. 27,'47
$4,658,682
$1,516,516
579,801
479,187
;
Total
on
2V*s,
Halsey, Stuart & Co,
Ripley & Co., InO., and Lehman
Harris,
Erie Ry.
Net profit from operations
4
bids
27,'48 Sept. 29/47 Sept. 27/48 Sept. 29/47
'
"
$3,332,821
—9 Months Ended—
2,'48
$1,227,750
195,879
;—
Provisions for depreciation—
99.095.
Subs.)—
(&
Nov.
other
Three
as
Harriman
National
awarded
was
2.373%.
of
cost
$1,017,306
Sept
contracts-
Shipbuilding
issue
The
above
Billings—
Securities Corp., and Stroud &
Co., Inc.
depl.,
amortiz.Y
and
included
.
executed.—V.
168.
to
It.
was
its
recently announced that the company has filed an amendment
of
incorporation with
the Secretary
of State of
increasing its authorized capitalization from $25,000,000
certificate
Wisconsin
to
$30,522,800, by reducing the preferred stock (par $100)
from 50,000
Volume
THE COMMERCIAL & FINANCIAL
Number 4749
168
CHRONICLE
$100)
approved on
:The U. S. District Court for the Eastern District of .Pennsylvania has
approved the Lehigh plan Which provides that holders of Lehigh's
connection with the proposed sale
at. par of not over 60,000. additional shares of common stock to its
parent, Northern States .Poyer, CP.
(Minn.), which already owned
all of thfe
180,000 issued and "outstanding common shares.—V. 168,
p. 947,
,
"
bonds have the option of receiving cash for their holdings or part of
their claim in shares of the Pennsylvania Power preferred.-^
- u
shares to 5,528 shares and by increasing the common.stock (par
from
200,000 shares to 300,000 shares. The changes'were
Jane
last
30,
and
made
were
in
(1907)
Insurance .Co., $1,000,000 with Massachusetts Mutual
Co. and $1,000,000 with Travelers Insurance Co,
Proceeds from
V,
168, p. 650.
COMPARATIVE
Period End. Sept. 30—
Other
Bids for the purchase as a whole of an issue of $60,000,000 31-year
debentures, due Nov. 15, 1979,"will be received at Room 2315, 195
Broadway, New York, N. Y., up to 11:30 a.m. (EST), on Nov. 16.
—V: 168, p. 1802.
296,940
140,643
I
'
311,000
291,073
3,347,694
3,409,101
144,056.
144,056
1,728,675
"The directors
Oklahoma City-Ada- •Atoka Ry.
—
•8,893
Gross
from
Net
from
686,156
202,885
920,975
Net
ry.
46,627
35,576
119,138
801,485
326,959
100,937
railway-
railway
income
oper.
Gross
10,156
Int.
Corp., Philadelphia, Pa.—
CONSOLIDATED
$481,661
Nov.
1802.
I
issued
been
on
Ended
'
$0.63
Profit per share•Smelter
shut
down
corporation.—V. 168, p.
1947
4,868
„$724,156
1,021,056
$0.71
1948
*3,708
$645,900
1,021,056
Sept, 30—
produced (long tona)_
Profit after deprec., deplet. & ,taxes
Shares outstanding
...
for first three weeks of July,
for repairs
V.; 168,
rate
English
from
£l
currency,
1948.
equals
$4—
p. 1802.
Inc.—Files
Co.,
Manufacturing
Y.)
(N,
Orangeburg
With SEC—
On
Oct.
shares
of
29
letter notification
a
common
stock
(par
k
to
Underwriter, Kebbon, McCormick it Co., Chicago. Proceeds go to
Outer
Drive Faith Evangelical Lutheran Church of
Mich.—Bonds Offered—An issue of $200,000
electric
ended
output
Oct.
6,180,000
V.
by B. C. Ziegler & Co., West Bend, Wis., at 101 and
int.
V Dated July 1, 1948; due serially Jan. 1, 1950 to July 1,1963. Prin¬
and semi-annual Interest payable Jan. l and July 1 of each
office of The. First National Bank of West-Bend, West Bend,
Wis., corporate trustee. Louis Kuehlthau, West Bend, Wis., co-trustee.
1
The net proceeds will be deposited with the corporate trustee. There¬
after following prior disbursal of $96,322 of present building funds and
such additional moneys as may be collected-on building fund-pledges
the net proceeds of the bonds will be disbursed by the corporate trustee
from -time to time toward paying the cost of constructing the new
Outer Drive Faith Evangelical Lutheran Church building now under
cipal
"
will
«nd
direct
the
be
will
legal obligations of
.
140 Broadway, New
230,877,851 229,534,545 182,324,424
195,365,564 187,139,236 149,055,847
Belling, general and admin, exps,—
19,838,195 16,665,011 14,317,069
Prov,.-for management bonus
'
609,500
657,416
642,500
Interest expense
.—
731,345
35,821
55,464
and other oper. revenues.
week of
1947.—*
Output—
—
—:
64,719
Cr99,125
ended Oct.
week
-
25,136,184
745,831
18,205,961
4,156,941
25,882,015
9,388,600
22,362,903
573,321
1——
Other income
"
Total
income
~—•——
.—
Federal normal tax and surtax.—
Federal excess profits tax;——.—
Other
Income
14,841.852
6,400,510
profit for year
No. of shares outstanding
Earnings per share—
—
——
16,402,124
3,022,336
$5,43
49,948
'26,355
8,319,894
3,056,874
$2.72
Renegot. refund for year 1945—Net
6,461,300
t'4,610,200
64*395
63,384
58,064
taxes
11,211,459
2,925,364
$3.83
•Including depreciation of manufacturing plants-and amortization of
leased equipment: 1948, $5,112,862; 1947, $4,249,394; 1946; $3,241,050.
NOTE—Certain reclassifications have been made of the figures for
(the 12 months' period ended Sept. 30, 1947, to conform with the re¬
classifications
used
for
the
12
months'
period ended Sept.
30, 1948.
Earnings of $2.72 per share for the current 12-month period evidence
Improvement over-the $2.51 per share earned for the 12-month period
ended June 30, 1948. This is largely due to unusually heavy shipments
in September which reflect some buying in anticipation of the October
price advances.
'
''While for the first eight months of 1948 glass container industry
shipments have been some 14% less than in the corresponding period
in 1947, it now appears that shipments for the year will total between
95 to 100 million gross," W. E. Levis, Chairman, said.
"This volume
of business of the glass container industry represents approximately
a
106% increase over the average shipments for the five prewar years,
,
,
.
1936
through
1940.
.
'
"In
1948, this company will have completed its postwar capital
Improvement program.
It will enter the year 1949 with one of the
smallest
unexpended capital budgets in its history," Mr. Levis said.
—V; 168, p. 1586. *
•
Pacific Mutual Life Insurance Co.—New
September—
from railway
from
-
railway—^
1948
29,523
$117,675
8,698
*7,191
r
63,489
42,106,
60,$76
1945
$168,144-
1947
$212,233
■
1948
$252,712
.
Gross
447
Director—
1,248,865
—V.
p. 1274^*
■
i
•
i
»■
'.
-
>
■
■
.
Packard Motor Car Co.—New Postwar Production and
jSjhlpment
239,242
Records Set In October-
.
.
Net ry.
oper. income___
—V. 168, p. 1367,
y£jir! compares with
45,552 produced in the corresponding
this
p.
479,229
136,930
year
"call for
a
Pennsylvania
Stock
Power
&
Light
Co.—4^4% Preferred
jVatyed by SEC at $100 a Share—
SEC
has
1
f
outstanding
,
$4,915,000 of
^
refunding and improvement mortgage' 5%
recapitalization plans/ •
Bonds, due June 1/1960, Under Lehigh's
t
$2,941,130
1,300,150
$2.26
1587.
p.
iotomac
Electric Power Co.—Neal Elected Chairman—
to his duties as President of the company,
Chairman of the board.
After 49 years of con*
William Fi Ham on Oct. 28 resigned as a director
and Chairman of the board, but will remain with the
company as
Honorary Chairman of the board.—V. 168, p. 1697.
been
tinuous
elected
.
service,
Procter & Gamble Co.—Business Good—
4
.
Richard R. Deupree, President, in a report to the stockholders at
their annual meeting, Oct. 13, said in part:
"Business has been good with us these past 12
months, good in all
branches of tha,.business and with'practically all products.. This was
true not only in the United States but in our overseas
Both
the volume
and the character of the business have'been satisfactory/
Our business has grown on a broad
company-wide base and, as far a§
we
can judge, should continued steady
during the next 12 months.
"Last July the company had loans at the banks
totaling close to
$25,000,000.
A good part of this borrowed- money represented the
purchase price of thousands of tons of uncrushed cotton seed and
soyabeans as well as other high-cost inventories; also at that time
outstanding accounts
larger than normal.
The company is
costs as is everyone' else these days and
every corporate dollar."
However, we
should be able to continue plant improvements and finance our business
out of current funds Unless
something very unexpected- happens;
."In order to protect a business as large as ours
against .tremen¬
dously costly price declines we have set up and maintained a 'reserve
fro inventory price decline,'
as a
company insurance policy.
This
faced
with
the
there
is
pressing
a
same:
were
high
for
need
totaled $37,000,000 on June 30, 1948."
[Mr. Deupree was on Oct. 13 elected Chairman of the
board, Nell H.
McElroy succeeding him as
reserve
President.|—V. 168, p. 1697.
Public Servlca Co. of
The
Chase
pointed
S.
The
had given the company an
exemption from holding company regulations pending completion^ of
reorganization p^cecdings;- The company has been in voluntary bankraptcy since May 10, 1938.
^
*
* ** '' 1' * '
"l
^
However, in February,, 1947, thfe SEC sought , to invalidate the exemp¬
tion'kba thus bring thfe company's reorganization under" Commission's
jurisdiction.
r"
"
The Court held the Commission's order, revoking the exemption, was
"Invalid for lack of an adequate hearing, including improper burden
of proof."—V. 166, pp. 1154, 1360,
Pittsburgh & West Virginia Ry.—Earnings—
1948
1947
1946
1945
$763,037
$576,307
112,952
75,523
$469,211
$431,963
95,589
55,705
91,489
Net
from
from
1,453,815
869,776
3,449,797
339,246
317,392,
5,469,772
2,245,789
railway-
271,474
railway—
164,184
Net ry. oper. income—
6.489,100
from
railway
Net from railway—~
Net ry. oper. income—
.TrY., 168, P. I486,
v
1,660,653
l,Uf,571
/
~
Plough, Inc.—Net Sales—
auarter
Second'
Third
Nine
1947
;
$3,431,869
$3,222,347
$2,337,208
——
3,495,168
3,184,230
—
3,691,853
2,881,714
2,590,891
$10,618,890
$9,288,291
—
-
ESTIMATED
(est.)
Earned per sharfe—
—V. 168, p. 1697.
-
,
Plywood, Inc., Detroit
—
,
a
result
the
common
sem-annual
dend
on
have
the
to surrender .his
/V"
v
'
■
stock
stock until after that
interest
date, will receive both the Nov., 1
the debentures and the Dec. 1 divi¬
stock.—V. 168, p. 1587.
payment on
common
1948—9 Mos—1947
1948—%2 Mos—1947
$26,749,708 $22,732,173 $35,113,975 $29,981,978
1.768,253,
1.235,812
2,158;125
1,811,520
io,291,518
8,132,695
13,318,190
10,685,312
Maintenance
1,704,494
1,561,893
2,245,667
2,039,294
Provision fof deprec.—..
2,280,015
3,189,875
2,429,870
3,013,065
11(.
Federal
miscel.
and
taxes..
2,283,743
Debentures Offered
declared an extra
quarterly divdend
—
3,081,366
2,227, p00
2,97Q,000
2,492,415
2,924,000
$5,984,830
376,788
$5,350,581
457,465
$8,150,752
520,716
$7,215,373
634,880
$6,361,618
1,653,121
$5,808,046
1,656,820
$8,671,468
2,209,210
$7,850,253
2,248,304
$4,708,496
Net
operating Income
Other Income (net),
Income
Net
income
$4,151,227
$6,462,258
$5,601,949
.
—v.; 168, p. 1587..
!.;■?
Public Service Electric & Gas
P. W.
Nine Months Ended
Co.—Earnings-*
Sept. 30—
1948
Utility
operating
Gross
Income
19,464,439
132,031
——;
Income
deductions
$
—_
Net
22,726,382
351,024
19,596,470
5,691,750
—...
—
.
124,840,416 111,864,708
105,375,977 89,138,326
—
income.——..
—V. 168, p. 1698.
.
——
income
1947
$
Operating revenues
Operating revenue deductions;/.-.^.——
interest from Aug.
dividend of 2 V2 cents per
of 5 cents per share, both
..—s.
23,077,406
13,904,720
17,423,685
5,653,721
Purex Corp., Ltd.—Stock. Offered—Blyth & Co., Inc.,
Nov. 12. Like amounts
1948, an initial quarterly
Los Angeles, on Oct. 27 offered 20,100 shares of capital
stock (par $1) at $11.25 per share.
Privately
Nov. 4 the private placement
with a group of insurance companies of $4,000,900 first
mortgage bonds* 3^% series due l977,at a priceofl01.80.
Blytb & Co., Inc., acted as agent for the company/
Proceeds will .be used for construction purposes.—V,
Portland General Electric Co.—Bonds Placed
$2,000,000 was placed with
1,944,177
2,287,000
Federal income taxes—.
Nov. 5 offered $500,000 5% sink¬
payable Nov. 26 to stockholders of record
were paid on Aug. 26, last, while on May 26,
of 5 cents was disbursed.—V. 168, p. 1587.
Of the issue,
stock
1
'
cbinmon
uf the
Period End. Sept. 30—
Operating revenues
Power purchased
Other operation
Gross
Extra Distribution of 2V2 Cents—
regular
a proposal to split the com¬
Gallagher, President, said that
R...A.
shares for each $200 principal amount.
.
,
Of special interest to holders of convertible debentures' at this
time
is the fact that Nov. 15 is the record date for the next dividend
on
the common stock.
Holders who convert their debentures, after
Nov. 1 but prior to the close of business on Nov. 15 and who retain
proceeds
the
approved
commoii
split, Mr. Gallaghet pointed out
that the outstanding convertible debentures will now be convertible
into common stock at the rate of 10 shares for each $200
principal
amount of debentures.
Heretofore '"the conversion rate has been five
from the sale of " the debentures will be used for
additional working capital and may also be used for the acquisition
of standing timber or additional plant
facilities or both.-
-
As
Other Income
directors
/
Inc.—Split-Up Voted—
any, shareholder
existing Certificate.'
!<
1, 1948.
and
of
Int. & oth, deduc. (net)
1948—9 Mos.—1947
$398,750. $295,000
$0.89 .. $0.§6
ing fund debentures (with warrants to purchase 50,000
shares of common stock).
The debentures, due Aug. 1,
The
share
$7,710,430
NET EARNINGS
1948—3 Mos.—1947
$125,830
$91,000
\
$0.28
..
$0.20.
Brooks & Co., Inc. on
The
Oct. 29
basis.
on
2-for-l
a
-
City of New York has been ap¬
preferred stock, $100 par
..
2,782,331
quarter———————
months-
the
cumulative
Will be issued for each share
held of record at 3 p.m. (CST) on Nov. 1, 1948,
The company planned
to mail
the certificates for additional shares of common stock on
Nov. ,4.
Tt was hot, necessary for
1946
—
-
——
quarter-,
on
additional
State, local
1948
First
of.
4.40%
COMPARATIVE INCOME ACCOUNT
From Jan. 1—
Gross
The shareholders
80,944
5.031,824
1,291,027
September-
,
Gross
Colorado—Registrar-—
Bank
the
of
168, p. 1803.
mon-stock
one
under holding company regulations.
In line with SEC policy, the Commission
National
registrar
Public Service Co. of Indiana,
Court of
—The company announced
approved $100 per share as the price for the com¬
preferred stock;'
«»'
"
'
'
.*
The stock is to be offered to holders* of Lehigh Valley Transit Co/s
The
pany's. 4y2%
1,272,660
$2.38
A. Gi Neal, 1n addition
has
181,762
Appeals'ruled Oct. 28 that the company is not
subject to the Public Utility Holding Company Act.
decision reversed an order to the SEC placing the company
The U.
share
1486.
168,
value.—V.
period of last
the rest of
continuing high rate of production."—V. 168,
$0.70
The
Pittsburgh Rys.—Court Overrules SEC—
.
year jand also the 1947 final total of §5,447 units.
Mr. Christopher added that Packard schedules through
$0.87
&
Pototo^ Edison pr.—Proposed New Financing"*?, J/,,,
,
245,273
-
1967, are priced at 97% plus accrued
output in October of 10,547 units surpassed the company's previous
postwar high of 10,127 cars established in June, 1948.
GfcPrge T. Christopher,-President and General Manager, said that
Shipments in October amounted to 10,552 units, exceeding last June's
pfeak Of 10,060.
.'
Production of 75,867 units through the first 10 months of this
$9d7,450
1,300,150
share,.
per com.
company Nov. 1 asked the SEC to allow competitive " sale of
$5,500,000 of first mortgage and collateral trust bonds,, due 1977, and
30,000 shares ($100 par) cumulative preferred stock, series B.
Com¬
pany also plans to sell 75,00o shares (no par) common stock to West
Penn Electric Co. for a cash consideration of
$1,500,000.
Proceeds
will be used to provide Potomac and its
subsidiaries with {unds for
construction.—V. 168, p. 472.
%
1,099,898
630,920
365,917
railway
railway
Net earnings
Quinton,
California
$1,107,101
1,272,600
$3,040,561
outstanding
shrs.
*
1,843,721
801,782
2,396,119
from
Period, Sept. 30—
Executive Vice-President and a director of the
Edison Co., has been elected a director of the
Pacihtf* Mutual Life Insurance Co., it was announced by Asa V. Call,
President.
Mr.
Quinton is also a director of the Edison Electric
Institute
and of the Los Angeles Chamber of Commerce.—V. 157,
Harold
Southern
1,804,000
•
Pittsburg & Shawmut RR.—Earnings-
47,580
14,268,528
—
—
512,000
*
Net income
Earned
our
operating companies served by this corporation
30; 1948, totaled 267,151,000 kwh. as com¬
pared with 242,846,000 kwh., for the corresponding week last year, an
increase of 10.0%.—V. 168, p. 1803.
the
now
profit
Gross
$4,709,009
17,878
1,750,000
$1,423,346
3,895
$4,844,561
I
637,000
deductions
Com.
———
Sundry expenses and losses
$4,485,152
223,856
operations..
York, N. Y.—V. 166, p. 1997.
Pioneer Service & Engineering Go.—Weekly
Net from
sales and other oper. exps.
•Cost of
and its subsidiaries for the
148,362,000 kwh„ an increase-
corresponding
the
Electric output of the
for
Gross
$
Net sales
company
over
Net ry. oper. income—vl?»V?6
From Jan. 1—t
'
1946
1947
1948
this
Payment will be made at the Guaranty Trust Co. of New York, trustee,
the
Owens-Illinois Glass Co, (& Subs.)- -Earnings—
30—
of
4.3%,
Piedmont & Northern Ry—-Partial Redemption—
Net
Years Ended Sept,
-
A total of $32,000 of first mortgage bonds, -3%%
series due 1966,
have been called for redemption on Dec. 1, 1948,-at par and Interest.
.
,
corporation and
be secured by a valid closed first mortgage on the land, buildings
equipment having an estimated valuation of $533,163.
Bonds
,,
$4,546,731
297,830
$1,744,101
income
$1,341,598
81,747
the
reorganization plan providing for merger
wholly owned subsidiary, the- Massachusetts
1366.
1948 amounted to
30,
kwh., or
year at
construction.
of
168, p. 1803.
first mortgage serial bonds was recently offered
3 %%
$1,655,149
88,952
Weekly Output Increased 4.3%
The
week
of
i
stock
The
company,
it is. reported, contemplates $19,000,000
in new
financing early in 1949 in connection with a projected expenditure of
$47,000,000 for new construction.
The financing, it is said, will take
theTorm of common stock through issuance of rights to stockholders
to subscribe to' additional
shares,
provided market conditions are
favorable.
As an alternative, company is said to be considering issu¬
ance
of 3%
debenture bonds, with a provision for conversion into
common.
In
the event that market conditions
preclude debenture
financing, then the company will raise the $19,000,000 through shortterm borrowing, it is stated.-
selling
stockholders.
Detroit,
the
Philadelphia Electric Co.—Proposed New Financing—
filed with the SEC for 2,000
be offered at $16 per share.
was
$10),
for
basis
share
t
3,819 '
$395,824
1,021,056
$0.39
from oper.
Total
a
1946
..
*
NOTE—Conversion
for
share
a
▼ohmtafy association under
of the association into its
Months
Gross inc.
Other income
(Mass.)—Stock Listed—
in
ACCOUNT
——
Other
place of the capital stock of Pepperell Manufacturing Co.,
voluntary association. The stock of the Massachusetts corporation
a
O'okiep Copper Co., Ltd.—Earnings—
Three
—
$5,112,042
capital stock of this company, a Massachusetts corporation,
admitted to unlisted trading on the New York Curb Exchange on
has
*
$7,092,042
1,980,000
$5,756,618
Pepperell Manufacturing Co.
Chestnut
Pennsylvania Company for Banking Trusts, trustee, 15th and
Sts., Philadelphia, Pa.—V. 166, p. 1894.
Blister
$7,736,618
1,980,000
INCOME
Sept. 30—
1948—3 Mos.—1947
1948—9 Mos.—1947
Net sales
$14,878,990 $12,100,509 $42,437,823 $35,301,594
Cost of products sold—
12,570,121
10,375,368
36,108,940
29,706,562
Prov. for deprec, & depl.
405,388
199,494
1,015,545
590,575
Prov. for local taxes—
45,377
40,281
131,501
121,502
Sell., gen. & adm. exps.
202,954
143,767
635,105
397,801
The
outstanding first
dividend of 25 cents per
ments of 25 cents each were made on March l and
sept, l, this year,
bringing total for 1948 to $1 per share, compared with 75 cents paid
Fed. taxes on inc.—esti.
Was
the
$668,202
stocks for the period
Balance
mortgage 6% cumulative income bonds
dated June 1, 1934, have been called for redemption on Dec, 1, next,
at
100 and interest.
Payment will be made at the office of The
of
$884,442 $12,150,962 $11,605,472
402,781
4,414,344
4,513,430
deduc.—net
Net income
Income Bonds Called—r
All
$999,328
331,126
income
oth.
&
-V. 168, p.
110 So. Pennsylvania Avenue
$871,671 $12,080,028 $11,520,311
12,771
70,934
85,161
Dividends applic. to pfd.
384,548
•Deficit.—V, 166, p. 1485.
-
$1,008,813
Br9,485
revenues
•2,033
186,663
11,997
$62,807
595,830
38,301
$57,019
1,786
Prom Jan. 1—
.
oper.
extra
an
the regular quarterly dividend of 25 cents per share
on the
capital stock, both payable Dec, 1 to. holders of record Nov. 15.
pay¬
in 1947.'
Other income (net)—
1945
1946
$65,472
16,938
2,839
$98,206
railway
Net from railway____
Net ry. oper, income—
Earnings—
1947
1S48
from
Net
Oct. 27 declared
on
share and
1,728,675
electric plant
adjustments
acquis,
Portsmouth Steel Corp.—Extra Dividend—
1948—12 Mos—1947
$4,847,680 $64,511,610 $57,127,009
3,037,244
40,183,833
33,349,461
364,907
5,340,839
5,468,063
138,729
1,830,541
1,651,398
3,609,133
Period End.
September—
..
ACCOUNT
1948—Month—1947
taxes
Depreciation
Amort, of
INCOME
$5,510,585
revenues
Oper. exps., excl. taxes.
Federal taxes
Northwestern Bell Telephone Co.—Bids for Bonds—
*
insurance'
the financing will be used for -construction purposes.—
T
Operating
Gross
Life"
II
Nor^wcstern ;MUtual Life
•
Radio Corp.
Million Words
of
a
167, p. 852.
America—Demonstrates
Minute Communications
"Ultrafax,"
System—
tntrafax,' & newly developed1 system of} television" communicatimis
capable of tmnsmltting fand receiving written or priiited messages and
:
documents at the rate of a million' words a
k
1
■
-
,
i
*;
( ,! t
- ..1
:
-
'•
'
*
v
;
minutfe/
•
•'/
i
was
demonstrated
,*
.'•*••-•
1
u-
'
12
THE
(1908)
publicly'for the first time by this corporation
of
Congress.
Br?gacher-Ocneral
Oct. 21 at the Library
on
.
David
Sarnoff,
September—
,,
„
and
President
Gross
Gross
from
Ket
ry.
from
Net
ry.
1945
1946
$9,440,135
$8,770,101
$8,178,574
2,703,848
1,609,041
1,858,550
Ket
from
Ket
ry.
—V.
649,319
838,674
1,096,596
96,060,445
74,376,573
19,205,858-
11,904,216
22,050,975
8,861,251
4,903,920
10,489,581
1367.
:
has
1948—3 Mos.—1947
$5,963,950"
....
profit
Earns,
"*
1948—9 Mos.—1947
$4,415,177
$16,919,877
$13,229,757^
329,983
1,337,936
1,094,512
512,124
per
352,905
share.'
com.
352,926
352,905
352,926
$0.93
$3.90
$3.10
$1.49
income
taxes.—V.
168,
The company oil Oct. 29
are
offered
be
bonus
as' a
with
underwriters.
no
liabilities
and
filed
at
3,568,845
971,100
2,685,693
Sell.,
"V
Proceeds
share
per
shares
4
will
be
495,667
130,353
1,103,466
286,128
♦
Montreal,
Inc.,
Co.—Private Financing—Roy K, Fer¬
announced
Nov.
that
4
Que.
Prov.
company,
debentures at par,
3%%
15-year
White,
with
of
used
to
share
one
class
B
of class
purchased.
balance
pay
the
Weld
Co.
&
sale,
according
subsidiary
for
retirement
of
the
company's
working
Net
-
and
194$—3 Mos.—1947
$' t
J'
Prov.
for
taxes
debt....'
'
from
to
+
capital,—V,
168,
net
Earns,
—V.
1948—9 Mos, -1947
income.
•
(ft.
J.)
Period End. July 31—
Other
4,350,000
22,000,000
16,975,000
*104,140
Reynolds
respect
at
&
Co.
the
to
the
close
29,812,788
*345,6*79
advised
that
the
business
5,669,922
5,669,922
$5.03
$3.8b
\
Int.
on
on
Co.
and
that,
with
like
'terminate
to
was
extended,
Dillon,
Read
the
among
which
series,
&
Co.
Inc. and
underwriters with
felling group
pec. 2, 1948,
the
—
Net
earnings
——
Com.'shares outstand...
Earns, per corn, share..
—V, 168, p. 1368.
selling
1,000,000
Richmond
1948
railway
Net from railway
Net ry.'oper. income
330,733
295,002
60,510
92,359
$116,288
121,956
Of
.
$920,428
$1,080,644
2,005
13,894
9,295
from
railway
$176,889
18,750
..
75,000
1,000.000
$2.6p
$2.40
1946
Net
ry. oper. income
♦Deficit.—V. 168, p.
398,410
$2,298,551
*1,931,744
132,759
*603,964
,672,554
25,481,023
,073,105
8,723,359
Net
1,919,957
,253,958
1,592,749
Rich's, Inc., Atlanta, Ga.—Pays 300%
Nov.
1
paid
a
300';/?
current
in
In
year.
cash
addition,
Jan. 26; 1948,
on
in
the
73,199
251,828
289,619
Cr2,798
Cr68,889
Cr2,798
.104,380
*$28,684
'
stock
1947.—V.* 166,
year
There
have
Co. of
be
50
cents
its
on
been
no
called
at
for
the
"t
.
doubtfUf
in
bank,
redemption
on
Illinois
1,
Telephone
Nov.
company on
\
^
Co.,
aretlre & debt
and
to
to Federal
provide
of indebtedness
unspecified
an
to
registration
New
amount, of
statement
(No.
7100)
filed
with
.
the
.
/
p.
.
Rome Cable
*Net
profit
tEarns. per
♦After
$278,340
com.
share
.$0.68
„
$508,938
:
$0.44
*
-
4,
,
.
$554,263
$1.23
$1.35
depreciation
common
September—
(less
\
on
preferred
stock,
/.,,
SHEET. JULY 31,
1948
.
from
/
surrender
value
deferred
and
'
Other
-
f '
surplus, ^$3,023,050;
•■ ■ ■
/
INCOME
FOR
(service
■-
-
total,
/ // '
.
SIX
-
MONTH$
.
railway
$6,648,978
from "railways
2,339,382
1,533:212
JNet
ry.' oper.
1,276,567
650,498
income
$8,520,052
From Jan. 1—
from
Let
from
Let
ry.
railway
railway
Income—
oper.
—V. 168, p.
1946
1,330,465
836,763
'.
1—'
'
■.
-
L
/
Gas
to
income
*
...
.
3,120,294
$474,420
;
be
$565,172
net
and
154,766
__j;,
(based
upon
•
67,946.865
86,463.736
standihg at June 30, 1948)
14,749,861
6,657,573
26,665,721
12,600,743
NOTE—Subsidiary,!not
2,514,387
above
owned
statement:
by
in
or
1937,
to
plan
for
each_
of
She!-"
securities
new
■" "
of
18,
$1.60
1948.
share,
per
This
payable
with-
compares
December,
last year, and brings
against $3.20 per'share in
$3.70 per share,
\
\
*
,
through
to
Seismoerauh
;
$370,397
349,695
shares
out-
Service
and
Ltd!
Seismograph Service Corp.—V.
not
consolidated
<British)«-82ya',S:
167,
p.
the,store and
■("■
for
program
real
expansion,
estate
facilities.
'
*
-4,'.
i'<
71,362 Shares of
Be Placed
Privately
—
stock
be
entitled
to
subscribe
the same
at
by outstanding warrants which
--
are
not
for
eich
price, for
exercised,
•'
•
any
sub¬
$1,000,000 first mortgage and
bonds, 3% series due 1978, at 99V2 plus
trust
is
not
obligations
Electric
Co.-
collateral
656.
including
shall
for
least
at
have
the
trust
of
'
proceeds
bonds,
to
purchase
V;<
on
stock
sale
due
in
Nov.
in
part,
of
an
the
1948
aggregatf
mortgage
1978, will be used to re
for capital expenditure;
•"
;
Tlie net
stock
common
Co.
the
C|t>
9,
first
will
to
Service
bond!
in
Sioux
'
"
the
series
that
before
or
such
forth
jset
condition
-
common
'
from
treasury,
'
the
received
sale
$1,500,000.
net
bound
subject TO various conditions
agreement,
subscriptions
of
irrevocably
are
proceeds from the sale of the common stock
the general funds of the
company and will be used,
other funds of the
company, to provide a portion of the
to make a further
investment in the
,
be
addet
together
sums
of
witl
require<
Iowa
by
Publii
the purchase of
additional
shares
thereof
(for
ai
amount estimated to
be in excess
of $1,000,000)
and to pay in ful
or
reduce a note to Bankers Trust Co.
in the
$1,800,000.
i
-
-
principal
-
CAPITALIZATION, GIVING
EFFECT
TO
amount
o
PRESENT FINANCING
(Company and Consolidated Subsidiaries)
•'
Authorized
City Gas & Electric
first
mtge.
and
2%tV (series
,
3%
series
Note
coll.
due
due
in
the
of stock
•
Co.i
trust
bonds:
.
,
.
Outstandini
,
*
-
1975__:_—_____
1978
$7,920,000
1,000,000
_
:
$1,800,000
3.30'f cum/pfd. stock. ($100
,Common stock ($12-5p par)
Iowa Public SerVice Co.) .v
'
qjar)zZ.
138,000 shs.
,
11,800,000
38,000 sh;
800,000 shs.
r
•
§428,176 sh
.
'
*
First
mortgage bonds:
*2%7c''series due
3 '/e
•
series
due
1976—
$13,750,000
"
1977__'_________
+3^ "series due
UNotes
3,500,000
•
3.75%
cumul.
Co.
and
1978—
in
•
3.000.000
800,000
pfd.
Minbrity interest
stock
($10G
par)_
800,000
**42,500 shs.
42.500 sh
Iowa Public Service
subsidiary company:
*
;
•
Common stock ($15 par )
♦Unlimited
as
to
11298,263 sh
aggregate principal
amount
but limited
by proper
earnings and other provisions of the respective
indentures securing t
Jjonds.
'
.
+This
note
evidences
bank
a
loan,
Oct.
6, 1949, and bears interest
the extent that funds
are
at
available
in
the
pay
common
in lull
tThe
one
and
stock
reduce
or
38,000
series
of
stock
of
Iowa
total
($100
of
3,90'/
the
been designated
number
of
shares
to
shown above by such
by the company.
!!These notes evidence the
Service
amount
issue
of
24,
1946,
of/New York,
terest
at
the
are
are
rate
cf
in
1%%
1947.
Co.",
of this
the
company
number
stock
shares
' '
of .the
'
v
note.
preferred
to' series;
matui
annum.
further investme
71,362
constiti
of
cumulati
unlssu
are
"
outstanding will be
-
-
reduced
shares
from
as i are
t
r
*
remainder
of
payable* to Commercial
each
6.
per
a
90.00n
gold
June
o^t.
of
remaining 52,000 shares
as
be
rate
cumulative
authorized
par);
dated
is
the
after making
Public
the principal
shares
a
have not
ISThe
.
$0.99
owned
a
stock
holder will
&
and
23,683
$346,714
—
wholly
out
carry
improvement of
the
company's
heretofore incurred.
'
40,009
foreign income.taxes.
profit
share
Nov.
paid
used
imburse
90.752
I
per
pursuant
dated- Nov.- 1,
•
,.//•,.
figure
Consolidated
on
reorganization.""
of
receive
following
dividend
a
record
allotment.
purchaser
Valid
$3,594,714
_•
75,252.810
will
purchase
.
1,827,847
1,002,152
•?
dated
York
its
30, 1948
■
15,588,773
6,935,634
The
Sioux
income
83,067,271
8,056,493
of
share
1259.
PURPOSE—The
Damage
Minor, shareholders' int. in
profits of Amer. Exploration Co.
$8,445,843
Net
1804.
declared
per
common
covered
to
amount
*' /
1945
$7,662,459
-
the
in plan
will
,
New
preferred
'
11,
'
.
JUNE'
ENDED
1
Other expenses
Earnings—
1947
Jnc.,
owned,
1948
and
$5^98,455.—V. -168;
"/
income)——
■
operating profit
Total
*
" "
bonds
Shelburne,
have
p.
bond
•
Frovisioii "for Federal
an¬
1948 to the date of delivery
which, it is anticipated, will be Nov. 10,
.
of $150,000 face amount-of
other assets,
$41,1611 total,
••
expenses
Net
common
1948
pf
,
' /
,
reserve),
_
revenue
Feb.
accrued interest from Nov.
1,
and payment,
$5.49
.
Seismograph Service Corp^ (& Subs.)—Earnings—
NET
on
Jersey signed
Proposed Sale of Bonds—Company has entered into a
bond purchase agreement
with New York Life Insurance
Co. for the sale to it of
f 59,500
$2.47
I
.
28
"
i
$928,434
share.
$50,000
eariied
Oct.
on
'
jcornmon
ot
m.,
warrant
600,000
$446,497
of
$289,046;
551.
New
'
,
'
1,528,434
159,500
_
shares
JSet
Gross
taxes-.
p.
Shares
June
St. Louis-San Francisco Ry.
Gross
customers
Operating
,
of
dividends
of
*
.
ject
1,523,3^3
720,897
—
shares issued——
common
Operating
stocck are stated on the basis
of
outstanding following-a'stock'distribu¬
4, 1947, when one additional share of common stock was
distributed for each share held.—V.
i68, p. 488.
"" *
on
per
cash
CONSOL.
(after
The Earnings per share of
tion
income
72/663
_
taxes——
——-—:—*
common
,
Corp.,
'
.
he^d, at $25 per share.
Rights expire at
Time, Nc'v, 8, 1948.
Subscriptions "are payable at
Manufacturers TrustCo., agent, 55 Broad. St., New York 15. N Y.
In addition to the
shares covered" by the
outstanding warrants, each
3
>
(Including Seismograph Service Corp-, of Delaware, Westby
Geophysi¬
cal
Corp.,
Seismograph Service Corp. of Venezuela and American
Exploration Co.)
/'
r
•-
six months
the number
Court
abovementioned
$1.10
168,
collateral
1947
company announces that in October it received the final pay¬
.pf $1,905,227, making a total of $3,905,227
.accepted by it-in
full settlement of )ts claim against the insurance
company for prop-erty da'maigp, expenditures and production losses
resulting from the
accident to the 'towel machine at Chester on
Sept. 11, 1946.
' /♦ ;
On
this basis, the
company's published net income for the years
1946 and 1347 remains
unchanged.- No portion of the insurance pro¬
ceeds will be Included in its income
for the year 1948.'—V.
166, p. 1698.
and all charges including provision for Federal
providing $311,000 for estimated taxes on. income .for the
period ended Sept. 30, 1948, compared with $353,500 .for the
1947 six months period),
tAfter allowance for the dividend requirement
on the 4% cumulative convertible
preferred stock.
taxes
,
Hotel
'
'
company is offering to common stockholders of
record Oct. -.l5
right to subscribe for 71,362 shares of common
stock (par $12.50)
the ratio of: Vs' of ,a"
share of additional
The
1948—9 Mos.—1947
$186,489
District
stockholders
of
proceeds
share
ment
v
1948-?3 Mos.—1947
'
The
in
"
.
274,400
;
—
income
-
the
..
Corp.—Earnings—
Period End. Sept. 30—
Shelburne
Sioux City Gas and Electric Co,
Common Stock Offered—Bonds to
Annual Report
Scott Paper Co.- -Receives Final
Payment on
to
June
•
,
Federal
Claim—
YOrk
,
.SEC
profit—,——
plus,
:
1947, and covering 67,500 shares (paf $100) cumulative preferred 'stock,
withdrawn Opt. 21.—V. 168, p. 1698.
-
was
/
.
LIABILITIES—Notes payable to banks, $250,000; accounts payable.
$301,062; accrued Federal income taxes (less applicable"U. S. Treasury
of $101,620), $256,239; other accrued
taxes, $137,604; accrued
salaries and wages, $115,274; Series- A 5Vi'/
preferred stock ($20 par
value)-, $966,680; common-stock ($1 par value), $159,500; capital sur¬
'a
funds,
..
tax notes
;
r
<
V
*.
-
Telephone & Radio Corp.-
Old Registration Statement Withdrawn—
The
of
.
.
1948
$5,498,455.
of
,
**
i
receivable
$720,523;" inventories at the
most rpcent cost
or
replacement market,' $2,700,402; land,
buildings, machinery and equipment (less $638,450 depreciation re¬
Pay?
Trust
&
for
income
than
a
employes' pension fund, pay $1,200,000
to
since
lower
registration statement with the SEC
covering $8,500,000 sinking fun^ debenture's,, due 1963. The company
will use" $4,000,000
of the
proceeds
to
pay. off. bank
borrowings),
$1,700,000. to repay borrowing from the trustee of the company's
Telephone
S.
amount
directors
15
The
inventorifes'of
$75,424;
July 31—
serves), $1,481,336; cash
life
insurance
$49,800';
Corp.—Registers With SEC—
4 filed
291.
p.
attached,,
the
modernization
accounts
ASSETS—Cash, $,505,233; accounts receivable, including $70,777 othei;
,
dis¬
.
$3,500
Bank
'r
t
Rochester
was
next,
National
Chicago, 231:South La Salle'St., Chicago, 111.
The
144,
Smith, Barney & Co.
"r
;
•
1948
$.1|,685,459; total, $12,447,$55.
BALANCE
V
Dec.
r,
..
$489,402;
accounts,*'$24,953),
income
*After
distributee)
2214; V. 164,"pp". "731 and 322;
Nov.;!'; 1960,/at-100 and interest.
Continental
$392,510
$9,815,369 $11,609,952
♦Net
par
(11,1.)—Partial Redemption—
bonds due
made
share
per
'
Gaff Club
mortgage 4%
will
p.
V.
(Cleland)
\
and
before Federal
Number of
Stock Dividend
dividend
'
Riverside
jnent
of
247;
p.
owners and operators of "The Globe"
department
store in Scranton, Paijapnounced Nov. 5
that they sold
to an insurance
company $1,000,000 4% notes, due Dec.
15,
1963.
Arrangements for the loan were made
158,075
$292,004
*$4,915
•
hand
on
for
operating
income
Provision
A total'of $3.50 per share was also
•V. 163, p. 111.
first
extra
an
to
-
panies',
1-
Schwitzer-Cummings Co.
value common, stock to holders of record Oct.'20.
A regular quarterly
cash dividend of 75 cents per share was
paid Qh the same date, which
rate was also paid in each of the three
preceding quarters of ihe
bursed
resulting
incident
Simpson Co. and Simpson Real Estate
Co.,
Scranton, Pa.—Notes Placed Privately—The above com¬
prior
Fiscal Years Ended
Net
The company on
costs
mortgage 6
%
15-year sinking fund gold bonds
1925 of Shelburne. Inc., which are not presented
6, 1949," for- exchange for new bonds with stock
of
dividend
-
iind
Net
5,096,243
2,087,930
1589.
161,
lpnger be entitled to participate
1947.—V.
241,125
.
/
1945
' 7,445
•
'
'
7.7,500
213,908
,
payable, $117,573; taxes
payable and ac-.
accrued expenses, $95,389; credit balances in accounts
receivable, $31,480; available net .income (less anticipate^! payments
made to trustee during the"fiscal year ended
July 31, 1948., $350,000),
$280,735; reserve for refund of room rentals, $15,000;' unearned in¬
come—business
rentals
received
in
advance,
$30,490;- funded debt,
$7,179,785; class "A common * stock (par value $1); $82,050; class B
common
Stock
(par value $1), $27,350; capital surplus. $5,223,5 49;
earned surplus
(deficit), $813,239; total, $12,447,555.—V. 167, p. 1698.
18,119,637
5,192,915
1,
U.
principal
The
,
$1,089,939
$934,332
18,750
89,857
..
80,718
55,654
BALANCE SHEET, JULY 31,
$5,822,122),
197,520
19,711,243
railway—.
from
no
Dec.
From Jan. 1—
Gross
Net
1590.
to
Simonds Saw & Steel ,Co.—Declares Larger Dividend
a
LIABILITIES—Accounts
$1,704,512
,
equivalent
/'
crued, $177,393;
$1 ,824,395
347,281
$2.88-
inventory losses
Hotel
Corp.: $500 principal amount pf general
mortgage 6'/t>
bonds, .with
voting trust, certificates representing
10 shares
capital stock, par $1 each.—V. 133, p. 3105.
:
[
beverages (at cost), $59,364; investments (nominal value),
$1;
sinjeing, fund payments
(Jess
bonds purchased
as
at
July 31,.
1948, $1',252,894)', $65; ether inventories, $71,116; prepaid expenses and
deferred charges. $66,724;
fixed assets Cess reserve for depreciation
&los.—1947
1,000,000/
1947
$1,796,867
j
$174,884
7,352
'
reserve
food
Fredericksburg & Potomac RR.—Earnings,—
September—■„
$3.95
burne
of
State
/_
-
from
76,212
25,491
$123,639
—
ASSETS—Cash
(
Gross
2,686,396
for Fed., inc. taxes
(less
*
1948—9
1,000,000
$0^60
1
$0.88
plans,
amounts
below—V.
-
total dividends lor
1
group,
$15,741,000 $14,793,000 $43,404,0Q0 $44,593,000
915,686
628,680
2,490,597
2,693,604
-
_
.
$1.20
expansion
tOf
that:
reorganization
'
•
1948^-3 Mos.—1947
....
$4,154,401;
2,907,964
reserve
and
taxes
♦-.*I,os8.'/,••
.
1948, has been
2,
Manufacturing Co.—Earnings—
Period End. Sept.30—
sales
$4,219,634
701,939
_
Net profit-————_
;
i
<
Net
$978,526
r
,
1804.
p.
-
791,627
to
$1.39
•
stock
preferred
close of business on Nov.
•
Rheem
Prov.
purchasing preferred stock, 4.507/ series on
terms after Nov, 2, 1948, to the close Qf'business oh
unless sooner terminated by Dillon, Read & Co. Inc. and
Reynolds & Co.—V. 168,
$3,084,004
791,627
President
the
first
July
$1,000
terminate
to
were
2,
consent,
the
of
Fed.
years
all dealers
to
as
1948— Year—1947
13,666
first, mtge
Income bonds..
Depreciation
Elimination
for
1948, have been extended with the
consent of all the underwriters to the close of business on Dec. 2, 1948,
unless sooner terminated by Dillon, Read & Co. Inc. and
Reynolds &
•which
$3,933,679
791,627
168, p.
follows:
of
Holders
of
82.408
income.X
Total
payroll
agreements
Nov.
on
incident
Reed,
as
before April
'
by
$1,151,897
791,627
/
income
...—
etfe—
counts,
of
shall
23,111,631
$1.05
preferred stock, 4.50'<
of
taxes
Int.
been
223,596
1,746,056
$1,306,911
provides
"All
,
as
0
791,213
Net oper;
income——
Other income—cash dis-
.
has
$5,053,656
364.389
2,400,270
share
Shelburne, Inc.
."Order
1946
1,409,202
*372,700
$1,003,575
-
Reynolds Tobacco Co.—Underwriting Agree¬
company
$6,698,338
57,842
629,830
,
*11,625
1,615,782
1948—3 Mos.- 1947
501.458
ments Extended to Dec, 2—
The
$1,839,568
87,998
784,975
taxes
conditions.
war
nounced
742,961
,
246,979
,..
costs
Homer
20,784
*136,649
331,050
S
473, 201,907
1,650,818
$2.19
231,712
Shelburne Inc., Atlantic City, N.
J.—Participation Un¬
der Plan Expires
April 6, 1949—
/
/
$189,786
9,733
...
Operating
revenues—.
Qper, and gen, »admin.
.' exps,'
LA.
Real estate taxes
/ '$
12,874,398 / 6,380,015
5,669.922
5,669,922
1698.
p.
268,377
78,601
to Shelburne, Inc. Bondholders
Up to and In¬
cluding April 6, 1949—
Savoy-Plaza, Inc.- -Earnings—
571,772
share.
com.
per
158,
$4,538,300
268,561
.
.
Goin,. shares outstand.j.
$6,198,064
2,049
Shelburne Hotel Corp., Atlantic City, N.
J.—Securities
'
railway operating income.
*Deficit,—V. 168, p. 949.
"
1947
$264,316
1
Net
Income
income...
_
per com.
After
See
45,639
from railway...
Net from railway
.
Consol.
_
expansion plans.—V.
1698.
p.
1948
;
Gross
>
9,400,000
Fed.
(est.)
$1,758,918
150,147
shares putstand.
from
Ferguson, will be used
funded debt and to
Mr.
'
railway
railway operating
From .Jan. 1—
C
'533,099
-
$2,008,158
reserve
ipcome
Com.
company
from railway.
Net
There
.
196,859,351 155,724,540 553,871,991
28,106,134
14,981,761
68,757,194
depiction—
5,298,637
3,679,974
15.293,588
funded
on
from
for Fed. inc.
Earnings
in this
agents
were
September—
of current
Sales & oper. revenue..
Inc. from operations...,
Int.
$28,470,724
10,880,931
13,051,493
3,453,994 '
exps.
Issuable
of
proceeds
part
Net
.
Beprec.
13,830.951
21,579
gen.
Depreciation
the
•
%
3,127,681
$2,179,884
&
Transfer
1589.
$10,000,000
York.
Gross
capital.
period End. Sept. 30—
adm.
1948—12 Mos.—1947
$7,8«5,217 $34,839,863
2,978,618
14,810,848
3,967,967
contingencies
Sacramento Northern Ry.—Earnings—
Republic Steel Corp. (& $ubs.)—Earnings"
1948—3 Mos.—1947
$9,430,119
—
sales
Oper. profit bef. depr."
tother income (net)
2,945,550
771,685"
241,453*
3.045,083
355,285
President,
Increase
registration statement with the SEC
a
$25
each
working
'
Co." of America;
The
in
covering 40,000 shares (par $25)
5','c
cumulative convertible class
B preferred
stock and 10,000 shares of C stock (no par).
Class B
given
24,9^6
*8,896
'
of
1367,
p.
Renaissance Films Distribution,
—Registers With SEC—
-preferred will
32,890
sales
Cost
88.551
'
transaction.
-
-
♦After Federal
railway..'—
railway...—
sold
New
outstanding
Sept. 30
*19,485
'
Net
The Penn Mutual Life Insurance
Co.; Sun Life Assurance Co. of Canada; The Aetna Life:
Insurance Co., and The Mutual Life Insurance Co, of
^
(Exclusive of the company's share of the earnings of Frank Corp.)
Period End. Sept. 30—
Net sales
shrs.
30,327
Period End. Sept. 30—
-
$289,613
dated Nov. 1, 1948, to the,following insurance companies:
Metropolitan Life Insurance Co.; The Prudential Insur¬
.
Reliable Stores Corp. (& Subs.)—Earnings—
'Net
92,794
Sharp & Dohme, Inc. (& Subs.)—Earnings—
1945
-
Total
ance
Com,
50,768
St. Regis Paper
84,333,018
10,402,820
Income...
85,002,177
20,805,920
railway.
oper.
1946
$276,970
oper; income.,
guson,
railway
168, p.
1947
$339,417
1,350,225
1,387,417
oper.
from
1948
*Defici't.—V, 168, p.
From Jan. 1—
Gross
Monday, November 8, 1948
'
$11,449,139
railway.,
railway
income
from
Ket
from
Net
1947
CHRONICLE
From Jan. 1—
Gross
Reading Co.—Earnings—
1948
FINANCIAL
$324,927
from
railway
Net from railway.'
NtTt ry. oper. iftcome/
of
September—
&
St. Louis-San Francisco & Texas Ry.- —Earnings—
Chairman-of the
RCA, declared that Ultrafax, which splits the seconds and
utilizes each fraction for high-speed transmission of intelligence, is as
significant a milestone in communications as was the splitting of the
atom in the world of
energy.—V. JC8, p. 18C3.
board
COMMERCIAL
the principal
per
a
bank
National
amount
of
loan,
Bank
&
are
dat
Trust
<
$100,000, bear j
annum, and mature serially, one ea
(Continued
on
page 49)
Volume
Number 4749
168
.THE COMMERCIAL & FINANCIAL
CHRONICLE
(1909)
Stock Record «» New York Stock
Exchange
DULY RANGE OF PKES
WEEKLY VOLUME OF TMUMt
rEMLT RANGE OF SALE PIICES
FOR EVERY USIDISSSE
Ranee for Previous
STOCKS
Year 1947
Lowest
I per thare
Range since Jan. 1
Highest
Highest
$ perthare
66 % May
90
87%
Jun
Jan
63% Oct
1
78% Oct
14
3% Sep
10
45% Feb
14% Feb
5%
Dec
10%
Feb
43 %
Apr
60
Oct
18%
13% May
38
Dec
10
38%
Feb
21% Sep 28
Feb
112
Feb
75
Dec
101
Jan
3
56
Jan
767/a
Dec
48%
Nov
37
Feb
69
Feb
90%. Nov
30
-
Oct
12% NOV
Nov
91
18% Sep
Oct
28
3
27
2.50
Steel Co
43
35%
May 18
Juneau
Inc
4%%
Ry__ j
preferred
1
Apr 23
Chemical
5
37% May 15
91
Jun
98
25% Mar
31% Oct
Jun
3
3%%
conv
*98%
3%
3%
.
15,200
105
157/s
,
15%
16
65
1
7 * 6;ioo
3%
3
.
2,100
105
*101
3%
16%
v.
71
*65
3%
51%
53
71
,
67
27
98%
28%
6,700
1047/s
104 7/a
,*94
7,800
70
*67
29%
*94
98%
53%
51%
106%
110
29,100
.
r
98
700
-
•**
9%
191
189
19%
9%;
190
29%
8%
,
8%
■
*
9
19%
•
9
■
185
184
*18%
8%
-
186%'
32%
*81%
83%
33 %
33%
*86%
88%
87
34%
87%
*29%
30%
29%
19%
,
29
28%
28%
,
29%
32%
83%
31
30%
32%
83%
♦86
67
87%,
29%.
-
r, 1,300
.
'
2,200
19
29
28
31%
32%
..
185%
*18
82
32%
87%
31%
82
32
♦81
9;.
■
,181
*18%
28%
30
32%
■
183%
19%
*18%
29
T
32%
*81%
35
Jan
8% Feb
46
Jan
51
73
Mar
107
„
32
,
t
86%
86%
,
28
29%
,
/",700
.
'
34 % May
7 *
Dec
''50%
Dec
20% May
Dec
65%
50%
11%
9
50
81% Feb 20
121
'
Sep
Jan
Alpha Portland Cement
—No par
Amalgamated Leather Co com—1
6%
convertible preferred——50
2
37% Oct
Apr
29% July 13
70
28
31
Jan
77%
Jan
58% Feb
Mar
May
17%
Feb
May
50
Feb
<
110% Nov
9
9% Mar 17
34% Nov
103
3
Nov
3
52.% Jun
Amer
9
Agricultural
10
Mar 22
American
68
Mar 22
3%%
American
6%
May 19
14% May 14:
43% May 15
111
Jun
preferred
Bosch
4%
Corp class A——1
Co
Shoe
Mar
76 % Feb
6
Dec
196%
Sep
163% Oct
18
36
May
54%
Feb
32% Nov
5
May
115%
Jan
89% July 19
18% Mar 5 '
94
-
99
'
20 V2 May
28
1053r July
110
Feb
%
Feb
Jun
14
49% Jun
3
100 % Jan
21
27
28
110
3
51-
May 18
Oct
56
Aug
40
19
Sep
26%
Feb
15% Sep 28
20% Jun
18%
Dec
24
Feb
Feb
13
22 % Jun
88
Dec
102
Mar
86% Oct
14
94
48% July
118% Oct
33 % Feb
10
94% Feb
11
15
101 %
Dec
25% May
3% May
16
3
6%
25
Feb
26
49% May 21
American
5
Jan
2
American
American European Secur
American
27
19
2
Dec
6%
Feb
1% Sep
20
Dec
115%
Jan
71/4
Dec
25%
Feb
74%
Dec
101 %
Feb
July
55/e May
42 y8
Apr
9%
Oct
55
Jun
22% Ju]y
6
May
x34%
Jan
10%
Jan
90
106% Mar
102
Dec
13
61
15
4% May 15
Nov
3
89% Jan
4
14% Jun
24
77% Jan
12
51% Nov
3
371/2 Jan 20
4% Nov
46
Jun
20% Feb
5
25
53
11
26% May 20
6% Feb 25
88
43% May 17
7% Jan
5
8
Jan
% May 21
16
92
15% Jun
14
19
Jun
24
26% Jun
3
Oct
10% Feb
11
13% Jan
5
30%
Feb
18% Mar 17
Jan
95% Feb
27
Jan
108
preferred A—.
No
$6 preferred
—No
American Hawaiian SS
American Hide
6%
Ice. Co
non-cum
Locomotive
9
1%
18 %
Jun
80
Dec
7%
Dec
x25% May
127
Dec
8%
Dec
28% May
28%
15%
13% Nov
79
Feb
32% July
147
July
14%
Feb
39%
Feb
7
Dec
16%
Feb
Dec
129%
Feb
76%
Dec
117%
11% May
Dec
9% Aug
15% May
34
Jun
48% May
142
Dec
32
Feb
29
Feb
10
6% Feb 28
81
Feb
11
72% Feb
21
17
Feb
12% Feb
13
Oct
162% Nov
3
16%
Feb
7% Nov
4
22%
Feb
16% Feb
14
42%
Oct
38
70%
Dec
46% Feb
Sep 27
11
139
Mar 10
31
Mar 19
Jan
126
37
Feb
Oct
15
July
9
135% July
8% Jan
3.90%
34% July
11% Jun
6%
American
16% May 21
$5
25
46
Apr
12
Amer
68
May 27
Ship Building Co—No par
Si Refg common—No par
7% preferred
100
6%
5
American
Stove Co
147% Mar 17
Feb
54% Mar 29
131
Oct
1
46% Feb
14
116% Mar
7
Feb
6
11
Jan
507/a
Oct
36% Mar 17
May
110%
Feb
95
Jun
103 %
Feb
76% Mar 16
5% May
10%
Jan
6
Feb
Apr
56%
Nov
4
30% Feb
11
69%
38%
Dec
51
Jan
46%
Nov
42
Mar
111% Mar
Jan
58% July
14%
Apr
24%
Dec
9%
Dec
16
Jun
30
Apr
6%
39%
For. footnotes
Feb
Oct
see
page
Jan
21
17
Feb
10
25% Oct
13
30
98
Jan
3%
61
62%
2%
61%
8%
*47
48
64
9%
*84
6%
6%
90
13 %
*17%
24%
25
18
Sep
46% Mar
9
3
18% Feb 11
8
Mar 17
4% Mar
27
Oct
2
19
158% Jun
10
68% Jan
5
144
Mar
9
Steel
6%
7%
6%
45% Jun
38% Jan
107
Jun
14%
*17%
14%
rl3%
17%
19%
20%
f per share
14%
*79 %
80
*7%
8
33%
*79
7%
33%
10%
*91
*82
15%
*163
7%
132
33%
*128
*7
CLOSED
ELECTION
10%
DAY
83
16
15%
163
7%
7%
27
40%
*39%
*60%
60%
60%
127
83%
I per
32%
*126
*30%
32%
14
*77%
79
7%
,
32%
*126
79
7%
31%
♦30%
31%
80%
15%
163
80
15%
♦163
7%
7%
7%
27%
24%
26%
25'A
40%
*39%
40%
*38%
62
X56%
58%
148
33
*126
29
24
23
149
34%
128
30%
23%
58
149%
•33%
126
30
23 %
15%
3,000
39
38
38'A
59%
54%
59
15,000
148
400
152
33
*124
30%
29
23%
23
152%
69%
*116%
7%
42%
100
prior conv preferred
Copper Mining
153
64%
132%
5
Inc
—
153%
64%
132%
common—No par
Works Co
Woolen
preferred
153%
25
25
—50
*99%
*86
7
*57
37%
64%
133
69%
117
69%
117
7%
7%
43%
43%
101
96
7%
59
37%
*
99 %
*90
7
*57
37%
153%
151%
64%
61%
62%
133%
132%
133%
70
117
8
45%
67
•116%
7%
42
67%
117
7%
42%
100
*99
100
94
*84
94
7%
59
38%
6%
*55
33%
27%
26%
26%
101%
•100%
101%
*52%
52%
16
Anderson-Prichard
14
20
Andes
Anderson,
P W
Clayton
&
Oil
Copper Mining
Products Co
Co
21%
Corp—lo
20
Inc
5
Archer-Daniels-Midland -—-No par
*52
26%
•10
*4%
27%
52%
26%
12
5%
27%
26%
♦10
*4%
27%
36%
33%
18%
1,400
151%
152%
24,100
7,700
61%
133 %
5,200
350
5,200
24,600
7%
7%
43
43%
41%
43%
99%
99%
99'A
99 %
7%
*85
94
27
♦100%
27%
101 %
*85
6%
*55
57
4,800
20
36%
48,200
35%
1,870
27
♦100%
51
50%
51
51 %
25%
25%
25%
23
12
*9%
12
5
4%
♦4%
5
26%
6%
34%
*9%
26
400
95
33%
24%
27%
540
66%
50
26
62%
134
116%
7%
27 %
27%
200
18%
12
4%
1,800
1,100
63%
35%
27%
*100%
15%
38'A
120
116%
36%
35%
28
20
67
56 %
101
700
12,500
2,100
117
56%
*27%
30%
23%
66%
35
*100%
14%
37%
120
33%
127
40
•116%
35%
No par
36
63
133%
35%
Cable—No par
37
152%
56
Corp corn—12.50
*36
19
6%
&
Wire
15%
6%
6%
Anaconda
preferred
62%
133
147
35
126
152%
100
140
9,800
26'A
18%
common
70,300
168
24%
18%
Tobacco
14%
*163
7%
39%
18%
-
7%
7%
26'A
123 %
♦121
15%
79%
81%
168
123%
preferred
15%
9%
90'A
7%
19
81
8%
88%
14%
300
50,600
3,400
3,200
9%
90%
32%
19
5,000
7%
30%
9%
125%
19
32%
89%
80
100
129
9%
125%
*18%
30%
6,800
1,000
89%
*124%
—5
*7
Sharet
7%
9
125%
Tobacco
30%
♦127
7%
*124%
Sumatra
7%
33%
130
*7%
Anchor Hock Glass
A
13%
14%
Sales for
the Week
I per there
7%
5
6% May 26
3
34% Jun
Nov. 5
Nov. 4
7%
130
Friday
Thursday
$ perthare
thare
2
14
100
*38%
Anaconda
$4
103%
*100
103
88
24
24%
800
9,300
*77%
31%
31%
3,100
17%
20%
79
7
162%
35%
13
17%
13%
16
127
12
13
19%
14
167
150%
2,100
17%
*100
Nov. 3
*7
92%
*39%
*24
EXCHANGE
7%
31%
83
9,500
6%
90
21%
79
STOCK
10%
168
90
200
24%
6%
*80
1,300
17 %
13%
91%
27
31%
I per share
10%
♦26%
*149
34%
47
6,200
20%
Wednesday
Nov. 2
80
132 '
23%
24%
6%
62
AtfD HIGH SALE PRICES
Tuesday
14%
7%
12%
*
103
*90
92
31%
♦80
13%
17%
Nov. 1
14%
6%
47
49
15
60% Jun
36% Jun
Apr
14%
24
6%
85
18
Monday
t per thare
*47%
38%
$4 conv prior preference—No par
Zinc Lead 81 Smeit com
1
11
3,100
15.
American
$5
4%
38%
—
May 19
4%
15%
Amer
May 27
700
4%
39%
American Tel & Tel Co—
7%
67
38%
15%
Am Water
41 %
51%
38%
39%
American
112% July 28
8% Jun 24
51%
38%
15%
American
2
53%
39%
22
Jun
8%
15%
8% Apr
56% July 28
104
7%
*38%
10
9
2%
61%
No par
Jun
71% July
2%
52%
24
6%
*75
100
63%
8%
Refg common—100
preferred
100
American Sugar
100
American Viscose Corp common—14
5% preferred
100
120
23%
25%
,
38%
47
90
*84
14%
47
2%
1,700
4,000
14,100
2,600
7%
8
7%
48%
*47
150 %
22
May
65%
*34%
Apr
Feb
2,200
6
9
35
41
82 %
34%
6
2%
151
24% Jan
174%
30%
6
2
128
18
20% May 25
35%
5%
2%
35
13
May 21
*34%
5%
2%
*127
13% Oct
preferred—
500
16
25
34% Feb
non-cum
101%
17%
100
American
17% Aug 18
Nov
com.:
Co
27
Oct
35
Snuff
22% Mar 12
131% July 15
101%
Smelt
28% July
29% Jan
116% Mar 15
62
No par
San'y com—_No par
Oct
American
101%
15%
31%
American
11
101%
'
17%
*31
28
35% May 18
12,700
101%
17%
17%
7%
preferred
;
100
Safety Razor
_5
American Seating Co—_—No par
140
130
40%
39%
16%
*7
9
163% Jun
87%
38%
16%
*128
7%
Am
*86%
,
*17%
No par
preferred
Amer Rad & St
18
867/r
18%
1
Foundries—No par
Stores Co
—No par
30% May
36% Dec
63
800
18
16%
104%
par
♦17%
800
86%
16
*100
American
Dec
2%
80
1,500
1
34%
*17%
103 %
No par
16
17%
*18%
"2,100
42
,
15%
16%
100
Co
40
.
16%
2%
19
16%
Oct. 30
Light com—No
*
65
*18
103 %
No par
23%
107
107
£
100
"
38%
5%
19
22%
23%
108
270
6,200
•
101%
34
22%
9
8%
37
22
12% Jan
Feb
68%
Si
4
*85
5,300
87%
101%
103
1
35%
89%
•
39
38
6
Saturday
Co
preferred
♦107
18
18
41%
21%
27
146%
Dec
News
$6
23%
108
*86%
87
41 %
LOW
Metals
89%-
*86
23%
22%
•107
18%
87
41%
21%
Jan
May
7%
24%
1
STOCK
Molasses
Power
Amer
86 % May 14
176
116
26%
common
preferred
8
24
95% May 14
Dec
90
—100
35% Jun
Dec
*
*6%
25% Feb 27
60
90
87%
24%
26
120% Aug
90
16
1
Fdy Co com—No par
preferred
100
American
47%
Oct
32%
4%
Par
2
Jun
41% May
36
4%
Amer Mach <fc
6
May
xl 16 %
35%
4%
Jan
163% July
35%
4% % 4%
$ per share
21
Apr
34%
42,
EXCHANGE
34
Jun
37%
4%
American Metal Co Ltd com_No par
9
14
6% Oct 22
Mar
Dec
81
165
4%
35
24% Mar
120% Oct
July
62
79%
164 %
1
Amer Machine Si
40
135
81
165
51%
38%
10% May 27
158
149%
80%
16%
36%
700
104%
163%
41%
6
4,400
6,900,
15%
37
10
1,100
.
13,300
40
6
2,500
4,200
„
•
7
^5%
36%
.«■
/
4
40
103
,
-
,
»
3%
17
104
-
36
80 %
108
18%
\
4,500
2.800 >
38,200
6%
43%
>
12%
12%
35%
♦103%
,
164%
38%
3
186
20
24%
*107
.
7
*16%
18 %
61
79%
51%
11
Dec
Oct
*88
900
<
.
24
163%
82%
164
38%
Nov
Dec
18%
36%
•
4%
*42%
41%
51 %
90%
81%
163%
'
V*
54
6% Feb
25% May
23 % Jun
s
4
103
38%
21% May 24
94% Jun 10
5
172
136%
103'A
6%
4
100
NEW YORK
Highest
$ per share
Sep
85
170
Lowest
Jan
101
7
3%
103
54
preferred
Range since Jan. 1
Highest
S per share
6%
4%
38%
American International Corp_No par
American Investment Co of III
1
American
7%
4%
17%
;._No par
preferred
104%
103%
6%
54%
com
com
12%"
36'A
*38%
Home Products
6%
12%
35%
par
par
50
American
12%
35%
STOCKS
Year 1947
# per thare
Leather
12%
34%
39%
-7%
23
<
63
13%
103%
91
6%
48%
38
*8%
54%
preferred
conv
Range for Previous
Lowest
&
,
38%
;
24
4%
36%
104%
61
22%
•61
6%
82 %
96%
;
-
7%
-
;
48
,
51%
—10
Co„
American
13
Jun
No par
$7 2nd
5
Apr
preferred
$7
104
*102%
1
No par
37%
*61
40
6%
50%
42%
*87
+
20
Export Lines Inc
_40c
& Foreign Power com„No par
Amer
9
6% Mar
14% Nov
116
Apr
Co—
Distilling
*12%
108
*18
.10
Encaustic Tiling
22%
62%
7%
' 42%
preferred series A_100
conv
22
*
62%
106%
2,200
11
4%
,
*44
*11
par
10
100
com
com
Feb
14% Mar 16
May
3%%
*107
10
Jan
46
14% Sep
9% May
Crystal Sugar
prior preferred
Cyanamid Co
3
17% July
18% May
Co
26
"
13
!*24% ' 24%
No par
Co——j,—No
Colortype
American
107% Jun
20% July
12
Chicle
American
4%%
Dec
Apr
American
,
51
4%
48
38%
6%
25%
166
*88"%
105
38
38
50%
37
36%
T100
•44
107%
106
39% '
*61
82%
Cable—i_No par
&
preferred
29%
4%
♦4%
48
-
*164 1
\
♦44
7%
62
25
American
Jun
Jan
Chain
non-cum
25
16
49
5%
16
13
37
American
4%
53%
25
.37
——a—100
—.
:4%
7%
■
common
Co
preferred
Oct
Jun
43
7% May 20
19% Oct 26
86
Can
4%
53%
.
53
4%
preferred
7%
Aug 23
Nov
7%
29%
112%
38
37%
7%
*103%
67/8
Co
110
111
*12%
;
American Car Si Fdry com—No par
May 21
104% Jan
47%
38% Dec
American
92% May 14
177
25
1
Broadcasting
29%
48
*45
*
*61 '
100
Amer Cable & Radio
24
1
4%
*;
48
,,
Inc,—1
American
5
53
Corp./
9% July 28
6% Jun
166
Feb
4%
7%
*
com— No par
preferred
conv
6% Sep 21
"7%
.,
—50
3% Nov
3% May
75% Dec
.
*44
108 *
37%
,.100
Bank Note common.—_10
Brake
Amer
*4%
•
par
1
common
conv
preferred
American
3
Chemical_No
Airlines
cum
29%
*
Petroleum Corp—Np par
Amerada
May 21
Dec
6% Oct 16
47% Sep 28
18% Mar 9
80
20
6% May 17
45
9
Dec
8
18
Apr
36 ~
107%
4% Oct
Dec
v
2,500
14,700
100
16,300
j
83%
3Q'A
'
24%- May
5% May
1,800
-
3%
3
;
71
28%
*104
106
*94
,
3%
53%
*69
28%
28
104%
68
3%
53%
*69
33%
'
67
3
56
*70
9%
-
29,300
22%
3%
16%
67
69
55%
-
32%
19%
3%
15%
98%
*81
17
.21%
'
*94%
Mfg common_No:par
preferred—
100
34
*100
105
3
17%
98%
Corp common—No. par
preferred
100
4%
Allis-Chalmers
105
.-.*94 %
29
43
33
19
30%
*18%
♦40
34
22%
108%
;
43
33
17%
3%
71%
**188
*40
22%
30%
5
5,800
43
22%
108 %
No par
3,300
2,000
19
17%
30 %
—
51 %
177/8
22
108%
Dye—J—No par
Co
50 %
19%
16%
*67
56
"9%
51%
19
DAY
30%
1
51%
18%
18%
*106%
Allied Stores
3
42% May. 27
84% Sep 28
Kid
Allied
&
50%
17
24%
par
Allen Industries Inc.
14
198
3%
50%
STOCK
3%
32%
3 Vo
2,700
85
3%
31%
17
Sharet
69%
3%
*40
gtd__100
6%
*81
CLOSED
No par
Allegheny Si West Ry
85
*
3%
ELECTION
3%
*70
68
3%
43
*100
69
*55%
*
70
♦81
35%
3%
3%
69
85
18
17
*67
69
23%
.r
105
3%
—100
preferred
conv
*100
*16%
Allegheny Ludlum Steel Corp-No
$4.50
'
20
35%
18%
5
53%
%
the Week
t per thare
67%
EXCHANGE
Sales for
Nov. 5
tper share
*78%
4
*41
23%
—10
;
Allied Mills Co Inc
11
100
Mining
preferred A—
100
$2.50 prior conv preferred-No par
May 24
11% Jun
Gold
common
5%%
May 21
18%
23%
No par
Allegheny Corp common
May 13
96
Inc
Vicksburg
Alaska
23
34
Si
Aldens
4% May 15
75
Reduction
Alabama
4% May 20
21% May 21
80% Jun
2
109
19
Friday
Nov, 4
t per share
71%
53
20%
Thursday
Nov. 3
S per share
85
3%
53
*19"%
*41 %
34% May 20
Mar 24
53
1
*35%
Air
58% Oct
4
No par
27% May 15
108
70
*80
*3%
Admiral
May 17
21% Jan 30
Feb
"
70
85
Addressograph-Multigraph Corp__lo
Corp
>
—1
41% July 27
19y8 Nov
5
8
81
"68%
Wednesday
Nov. S
I per share
*80
__10
Express Co
20
Mar
30% Nov
Oct
v
Co
Motors
Allied
25
39% Mar
997/«
2
Mar
Feb
105% July
42% Oct
Jun
7
24
8% Sep 20
xl71
36 %
Dec
May
10
Mar
32%
Jan
30 %
90
Apr
202
5
24% Feb 28
103% Sep
104
3
2% Mar 15
Nov
27%
Nov
65
Feb
-44
Mar 11
14% Feb 26
102% Aug
5% Feb
2% May
25 % May
90
Adams-Mills Corp
6
13
7% Feb
6%
18
46% Jan
Apr
28% Feb
31%
29%. May
Adams
Feb
Dec
Dec
Acme
Oct
Dec
May
May
1
23% May 15
Jan
3 5a
10%
55% Jun
11
42
16%
164
11
..
Tuesday
Nov. 1
t perthare
No par
No par
com_
Abraham & Straus
ACF-Brill
10%
Nov
Abbott Laboratories
2
May 14
9
40 %
May
25 %
100
79% Jan
100
Monday
Oct. 30
Par
6% Jan
55
May
30% May
6
Oct
Saturday
EXCHANGE
4 per share
thare
July
110
LOW AND HIGH SALE PRICES
NEW YORK STOCK
Lowest
% per
13
27
1,660
25%
13,900
9
9
4%
4%
26
800
101%
51%
26
300
200
2,300
24.
Z£
COMMERCIAL
THE
(1910)
14
Highest
$ per
share
$ per
37%
24% May
109%
15%
Feb
90
Feb
9% May
S per
share
Oct
17
38%
Jun
55
Jan
91%
Dec
110
Feb
88
130%
Dec
Jan
Jan
Feb
18% Jun
Jan
14
17%
Feb
12% Mar 12
Feb
12% Mar 16
Artloom
111
106
Dec
132%
Feb
Dec
134
Feb
94
Mar 12
Sep
26
Jan
34
Dec
July
Jun
35
5
31%
27 74
28%
2874
29
27
28%
97
97
96
96
95
96
9374
95
874
8
81%
82
2,300
50
2,300
9
82
par
8%
par
*94%
par
109
ELECTION
82
51
5074
x51
94'%
*94'/2
1087z
110
1574
108
*15%
16
1574
DAY
8074
108%
94%
943/4
110%
110
50
CLOSED
53
94%
94%
109 %
80
80
EXCHANGE
81
52 %
52%
52%
par
8%
80%
82%
%
874
374
8%
8%
STOCK
8%
48
94%
*94'/2
260
32,auo
40
94%
15%
*15%
16%
16%
16'/a
*15%
15%
15%
15%
14%
1474
15
15 »/8
860
16
16%
16%
1474
15%
1574
1574
15
*103%
105
*103 %
103 »/2
10374
500
15%
1474
15%
105
41 "19
74
109
105
>
5
Dry
Associates Investment
11
8%
5
com
Corp
Goods
6% 1st preferred
7% 2nd preferred
May 10
99
30%
96%
common—1
100
—.—100
Co—
10
Associated
May 27
16
Feb
19
99
25
9
'
100
t per share
30%
Carpet Co Inc——No par
Constable
Arnold
2
17% Aug
5
19
20%
Dec
Shares
30%
—
115% July 12
2
13%
14
share
I per
$ per share
Sales
the Week
$ per share
t per share
96%
No
Armstrong Cork Co com——No
$3.75 preferred
No
$4 preferred conv—.„,w-No
11
99% Jun
Nov. 4
•
for
Friday
Nov. 5
Thursday
Nov. 3
t pef share
prior preferred
$6 conv
Wednesday
Nov. 2
—10
conv
Armour
PRICES
HIGH SALE
Tuesday
Nov. 1
1100
com—
prefer red
Co of Illinois
4%%
9
Jan
56% Jun
29
10 % May
Sep
25
106
77% Sep
104% Mar
14
LOW AND
Par
Steel Corp
Armco
23
15% May 19
1
7% Oct
30
41% Feb 10
103
Monday
Oct.
share
32 % Oct
101 % Jun
25% FetJ .U
Feb
May
99
Saturday
EXCHANGE
Highest
Lowest
STOCK
NEW YORK
Range since Jan. 1
Year 1947
tper share
RECORD
STOCKS
Range for Previous
Lowest
STOCK
YORK
NEW
Monday, November 8, 1948
CHRONICLE
FINANCIAL
&
15
1,600
157k
8,700
20
*101
99%
99%
99%
99
99
30%
30%
30%
30%
28%
2974
101 %
101'/a
*99
99%
103
100
99»/2
9972
70
29%
30 %
2,100
29
30 72
'
66
May
99
Jan
84
Dec
112
Feb
96
11
120% Sep
107% Jun
3
Mar
Feb
14% Feb
11
19% Jun
Feb
18%
10% May
Feb
24
62
40 % May
59
23%
Jun
Jan
77
31%
Apr
40
45
34% Feb
62
30
Feb
Nov
113% Sep
91
Dec
105
Aug
91
Feb
9
26% Jujy
73
July
20
Feb
llr
57
Apr
„
99
Sep
Oct
18%
29%
5% Mar 12
Jan
Dec
27%
Jan
7%
15%
i
9
4%
19
-
Dec
55
56
48%
47%
48%
42
4574
75
76%
*68
43 %
44
:4% Feb
26
Feb
35% Jan
22
46
May
13% Feb
n:
16% Jun
3
17% Juil
3
41%
45%
71
71
39%
4174
10774
10874
109
1,700
5,300
6,600
10,700
500
22,700
400
93%
93%
92
92
92
9274
410
21%
21%
2074
2174
211/2
9374
21%
9274
21%
21
2174
8,500
59
58%
60%
55%
57
60
57
5974
1,770
*100 %
101%
10074
101%
*20%
22%
6%
i
(The)
preferred
conv
109
10772
5574
16,000
•
94
*6'/g
common—3
.-No par
Corp
Mfg
106 %
109
109
*100%
"
$2.25
109
54
42%
41'/s
16%
75
*70
4174
10274
151/8
567a
44%
4374
75
39
109
102'A
58
:
Avco
7% Oct 26
Jun
2
Feb
;
102 74
-
21%
prior pfd ($1.20)—No par
Co
_——5c
Automatic Canteen Co of Amer—5
8
44
*93%
i
100%
104
*10178
*20
2072
*20
23%
*21
*57
101%
t
101%
70
:
21
*20
23%
___
*
Conv
10
76%
43%
*14%
-
5%
574
6%
6
■
15
874
,6
...
.
6
*14
9
*14
15
*14
15
15
9
9
57V
', •* 14
6
''
1,800
14
200
9
1,500
'
9%
*8%
Autocar
Jan
19 % Jan
3*
16%
59
*108
Corp„
i—No par
Nichols common--——No i>ar
Austin
9% May 21'
16% May 21
28
Nov
16%
59
76%
Tack
26
12
16%
58%
46
preferred—-——J—100
conv
Atlas
49
4% May
36 %
16
20
56
16%
.__Nopar
Powder common-
16 74
58%
—
Jan
Jan
13
Feb
Dec
1
.8% Sep
Feb
Dec
17%
8
111%
102 %
1574
15
preferred
non-cum
24% Jan
19
13
Jun
114
27
20
12%
5% May
48% Aug 27
Jan
27%
5%
May 22
99
July
121
Dec
22% Mar
Atlas
114
102 f
1027s
10772
102%
'
-100
Atlantic Refining common.*——_25
4%
conv
preferred series A__100
Preferred $3.75 series B.*w——100
Atlas Corp
———'—5
64% Apr
9
105
111%
1
5
25% May 21'
21
Feb
102
21% May
July 14
50 % July 12
Dec
113%
102%
—
78 % Mar
10<
Sep
66
24
113%
102%
110'/4
1574
112%
102%
108%
102%
112%
<
«
5%
48 % Nov
6
25% Jan
Mar
Topeka & Santa-Fe com__100
non-cum preferred—'
-100
A T F Inc——
—10
Atlantic Coast Line RR
No par
Atl G & W I SS Lines common—1
Atch
2
3
Feb
x98
*13
9%
13
13
13%
9%
1274
12
/
7%
7%
6%
45
44%
45%
42%
14%
14%
14%
7■.
-7
1
'
1274
12
7%
*4374
'
; 87a
.
121/4
12%
43
7%
7%
45
•
' 6%
77s
: 43%
43%
„
-44%
1,200
«■
.
<
64,500
V
1,700
B
13
Dec
16
13%
Dec
24%
Feb
12% Feb 27.
Feb
10
Mar 16
Babbitt
7% May
11% May
25%
Feb
15% Feb
11
9% May
16%
Feb
13% Feb
10
31% Jun
60
Jan
69
Feb
60
Feb
11
42%
Dec
55%
Jan
42
Sep
28
18
20 % Apr
28% July
May
■
28% Jun
9
Dec
54%
Jan
37
Mar 24
20%
Apr
39%
Dec
31
Feb
4%
19%
Feb
9 % Feb
Jun
24%
Nov
18 % Nov
5
Dec
62
Jan
31
Feb
13
,
83%
Dec
Jan
80% Sep
17
90
17%
20% Aug
Dec
96%
110%
Dec
108%
Dec
30 %
Jun
Jan
40
>,
23% Jan
4
Nov
Feb
Feb
i
39% Mar
11,
conv
Beaunit
Beck Shoe
16
32% Feb
5
Oct
1'4 % Feb
16
37% July 23
20% May 21
10% May
13% Nov
5
19% MaT 22
24%
Jari
17
Nov
4
24% Jan
93% Mar 16
103% Jun
2v
4
21
23
23
75
743/4
74%
70
50
46
46%
46
47
44%
46%
2,200
25
22%
23%
*223/4
23%
22%
22%
"1,000
41
*39%
40
39%
39 %
37
39
10%
10%
2,700
3,400
*24
*39%
39%
V
.
40%
40%
41
38%.
39%
383/4
11%
10%
10%
10%
11%
;
W
39%
/
10%
1,600
•60
12,200
19
19
19%
18%
18%
18%
19
18%
18%
36
36
34
34
34%
34%
34
34%
*833/8
84%
83%
833/B
*80%
83
*18%
183/4
18%.
183/4
'18%
*82
84
1.
83
183/4
19
83
*80
84
*82
*80%
18%
82 /
82
50
18%
18%
2,300
82 %<
*80
r
800
83
*80%
'
20
*._100
1—I
*11%
11%
*31%
33
*33%
34%
34%
35
34%
•
33%
33 %
600
17%
17%
*17 Vs
17%
16%
17
16%
16%
15%
16%
1,300
*133%
14.%
14%
1.4%
13%
13%
13%
133/4
13%
13%
1,800
18
19
17
17%
97%
17%
1,900
Co———,.-.10
—1
Packing
preferred
:
11
11
11
*30
11%.
33
*31
19%
19%
19%
19%
33
*31
34%
*33%
*96 %'■ 973/8
97%
*96
97%
*96
—100
—.
11%
11%
1,600
11%
10%
;
.
'
Corp__*.—
1
Howell Co common——10
&
19%
23%
75
RR—1,—-——1—50
Creek
% 7a
21%
23%
76
36
Aircraft
Bell
15
21%
23%
76
,'——2.50
(A Si 4%%
Beech-Nut
Bell
21%
22%
pfd
Mills, Inc—
Belding-Heminway
,
16.200
1,600
20%
*35%
Beech Aircraft Corp—
Beech
8
53,100
*18%
Foods
3%%
,
11%
11%
Corp_—„—1—1
Inc—————No par
Co common—-^.-25
pfd—————100
Works
10,000
13%
48%
403/4
Cigars
13%
25%
25%
41%
403/4
9
Jan
106% Aug
*40%
14%
77
23
%
Co.———:——5
Oil
14%
13%
<11%.
14%
4
*75%
23'/8
25
24%
8
18%
Dec
23%
23
25
1
*24
Iron
Bayuk
8'
18%
16% May
13%
48%
Beatrice
12% May
95
14%'.
13%
*47
Jan
100
13%
12 %
77
15% Apr
34% Apr
4
8% Jan
30
Jan
%%
Bath
2,
22% May
16% Mar TO
82
Feb
12
5% May
29'
24
14
*75%
Barnsdall
43% May 15
8%
13%
12%
preferred —.——1—50
Barker
16% Mar 31
Dec
18
14%
14%
preferred—*—100
Aroostook common—50
5 '7°
preferred—.
_T100
Oil Corp
(Delaware)
10
Brothers common-'::——10
Conv
7,
35%
143/4
13%
&
Barber
15
•
44% May
14 3
14%
14
non-cum
Bangor
14
Jun
45
11
14%
14%
133/4
*14¥4
1
———;
Works
'
22
80% May 12,
59
May 14
45%
14%
13
common——100
Ohio
&
Baltimore
16% July 13 ;
29% July 14
Inc
Locomotive
Baldwin
.
16%
T)
(B
>'
*96
33
34
-
33
*31
17%
*95
97%
'
.r
'
Sep
21% May
77%
38% Jun
9,
Bendlx Aviation
13
Aug 11-
21% Jan
2
Bendix
28%
Jan
21
Nov
3
26% July
9
Feto
70% Nov
3
5
102% July 23
23% Feb
14
30% May 24
Best & Co—
Feb
17
37% May 27;
Best
39% Oct
Bethlehem
Feb
39%
May
17%
li.
25% Nov
92% Nov
28
103%
Dec
24%
Dec
35%
Jan
19%
Apr
32%
26
Oct
Feb
;
2%
Dec
•
150
Jan
Mar 16
125
13%
18% Jan
Dec
pfd $3.25 ser of 1946.No par
$4 div ser of 1948_No par
Foods
1%
■
14% Jan
'
Lowest
;
■13%
3/700
22
22
22
21%
*72
r
75
*71%
74
70%
70%
'
93
>
(Del)
38%
11%
•
EXCHANGE
32
11%
ny8
25
g per share
$ per share
$ per share
28
Feb
11
36 74 July 15
Black &
xl'3
Feb
11
19% May 18
11% Nov
18%
May
28% May
14 % May
2
Bliss
Bliss
&
21% Feb
10'
29
Feb
Nov
59
Dec
116
Dec
67
■
25
Sep
27
37% May 16
Bohn
65
Oc.t
26
Bon
18
Feb
49% Jan
55
r
102
88
Sep
Jan
12
51
Jan
19*
3
Nov
38
Feb
42% Feb
Oct
96
3<
27% May 15
24'
44% Jun
11
Bond
.
/ Jan
,
2
6%
Feb
Feb
96
1% Aug 26
39%
'
33 % Mar 18
Dec
13%
Feb
7y» Jan
8
96
Jan
46% Nov
1
71
Dec
18%
Feb
8% Nov
\5
Dec
15%
10
Feb
X27% Mar 17
31%
Feb
35'/a Mar 16
32
29%
31%
5,100
11%
10%
103/8
10%
900
Jan
2674 Sep
27'
37% Jun
2
109 %
Apr
92% Oct
4
101% Apr
27
28%
Feb
15% Mar 16
40 V»
Dec
.
9% Sep
M4.wl.aHr
*»«•
14
23% Sep 17
12 Va July 26
'
&
Roller
Maine
RR
(assented)_100
3
Co—11_5
:z—2.50
<■
Union Gas—_—._t...N6 par
Bigelow——1_1
Brooklyn
^
Brown
&
Brown
Shoe
25%
Jun
36V4
Jan
27
26
33% Aug
95
Dec
106 ya
Apr
90% Feb
13
20 V*
Dec
27'/a
Feb
17% Feb
14
99
Aug 11 '
23% Nov
1
Brunswick-Balke-Collender —No par
20% Nov
15% Nov
5
24% May 17
Bucyrus-Erie Co
13% May
Feb
A Nov
Jan
9
May
14%
69
Dec
86%
25 % May
5
120
Sep
28
Feb
8
Feb
20
Feb
65
Dec
120
125
0
*
37%
NOV
Dec
102 %
Apr
Feb
14% Nov
26
38%
Feb
29 V* Feb
14
May
22%
80
Dec
104%
80
May
Feb
84
Jun
95 y2
81
»/2 May
Maf
16%
Jan
6
10
Dec
72
Jun
88
Jan
11
Dec
24%
Feb
79
Dec.
108%
Jan
Dec
6
Feb
3
13% May
94% May
19
May
24%
Apr
51%
Dec
1%
22%
77
Apr
12% Feb
Jan
1
108
89
27:
Oct
16
Jan
98% Jan
15
Oct
23% Feb
11
34 Va
Dec
2774 Mar 17
40% Jun
15
Jan
52
54'% Sep
15
X55
Mar 17
Jan
5
Feb
174 Mar 12
Feb
5% Sep
Oct
2474 Feb
11
Feb
10
20
34%
17%
4
119
38% Feb
11
Feb
25%
Feb
Nov
7
44
48%
Dec
For
8'4May21
15% May 21
10174 Nov
Dec
18
9% May
May 17 '
31'/4May
(
Feb'
132
38
33%
Sep
3
29
14y2 Mar 16
Jun
2
May 14
xl974 May26
15% Feb
10
Mar
4
19% May
47%
38
Mar
1
4774 May 19
footnotes
Dec
see
page
24.
14*
-
Term
Bros
Byers
7%
*
Byron
Bldg 7%
preferred—
—LlOQ
k I
5
Co
&
(A M)
Zinc—;.
common
participating
Jackson Co
California Packing common
preferred
Can Dry Ginger Ale corn..
$4.25
conv
Canadian
Ry
274
37%
;s
7%
•
8%
2%
7%'
;
9
30 74
8%
31%
29
29
28%
29
7%
lP'V-
122
2274
21
15%.
16%
%
120
500
32%
94
2,600
16%
74
22,100
117,400
fs
%
*120%
122
150
122
8%
974
30,300
7074
71%
240
34
3374
34
33%
34
8OV2
79%
79%
79%
80%
*8074
*iey2
1774
14%
1574
15%
15%
14%
15
1,500
40 Va
40 lU
37 »/2
3874
*38%
39%
38
38%
1,400
*33»/4
*
81%-
80%
.
2074
*88 »
86'%
*75
20 y2
87
86y2
*79
80
-
8%
105%
*10374
10574
11%
11%
11 Vi
* 8iy2
374
24
*102
103
3%
24
*102'%
19
89»/2
1674
83
8%
83
3'/2
2474
103
*75
15
7%
*103
9%
19%
88
100
86
200
80
*75
80
*75
80
15%
15%
15
15%
774
8 «/4
102%
102%
180
11
11
10%
1074
3,100
83
83%
83
3Vs
22%
102
*81%
3%
23%
101
3
374
2374
2074
101%
10074
28%
36'/2
37 7s
36 72
54
54
54 74
541/4
*2
674
105
42%
1974
1474
44
6 y8
2 6 74
1174
27a
2
2
2
6»/»
574
6
574
27
11%
104% 10474
*41
*1874
1474
*43 74
4274
19
1474
4474
25 %
10%
*10174
1,600
4,800
.
180
101
37
54
800
29%
54
2,900
110
21/8
1%
274
8.200
6
5%
6
9,800
26
26%
25
2674
10%
1174
105
10174
10174
74
1074
378
35%
3774
53
10
83%
2274
27
28'%
11%
12,500
1,800
104
28
26
8
8
103
28
liy4
15 %
874
104 74
29%
26
17,800
*86
*7974
29%
2
20
88
86
30%
"
500
*3074
*29 74
274
1,000
*86
*81%
2174
19
20%
34 34
8174
88
11
100 74
19%
34
8674
10%
374
9%
38y2
—1-25
3,600
*92%
53
—No par
3,700
10%
10
*8'%
*41
*18%
14%
*43 7»
2074
10
71
1674
*103
90
20
71
8%
6 Va
2,800
95
*31
38'/2
5
1,800
29%
*92%
22%
53
1.6674
6,300
29%
94
3874
No par
3174
'
70
1674
.
5,700
32
16%
3/s
{'€
*120
8%
28
29 74
22%
110
•
70
80
*8 1 74
1614
y2
r
22%
500
5,500
7%
45
29
29%
*92%
95
!
30
31%
32
31
31
21
*
87s
29%
?nr>
1,400
2%
7%:
9
28%
*92 y2
11,100
\
37%
*40
31%
\
*2%
37%
2%
46
*43
,
88%, 8874
89
37
37
7-%
48
*43
*8874
53
preferred—_L_No par
Pacific
Mills
2%
37%
•
3874
Canada Southern Ry Co—
„100
Canadian Breweries Ltd
-—No par
Cannon
k
88 74
4,600
"
1
Calumet & Hecla Cons Copper
Campbell W & C Fdy___
8874-
59%
10%
24
■
5974
19%
42%
T_50
No par
L—
Zinc-Lead
Callahan
17%
122
8>/2
3%
No par
preferred—.100
—No par
23'%
*104
1174
?
11,900
42%
55
*92%
16 7/4
15
1974
41%
19%
V
58'%
42
58 %
42%
71
87'/2
*75
*
preferred—100
common
Copper
5%
i_1
—a,
1874
18%
•'
57
460
ioy8
897'2
Bush Terminal
1,470
71
33'/2
*83
33%
95
^4
*120%
20%
Corp
32%
ioy4
20
Mills
67
31%
'
71%
*88
4%%
27% July 14
*
122'
common—_1
Butte
105
July 9
35% Jun 16
1674
16%
Butler
4% May 18
27%
104
8'/<
Dec
9
Jan
22%
40%
Bush
2
33%
*923,4
'
17%
*16>%
Burlington
65%:
32%
27%
10%
22'%
*33
.1—5
Inc——
26%
67
32
10%
*40
Co
26 'A
66'/2
20%
94%
2,800
26%
10
33%
l.oud
13.400
2774
21
*92%
V>
45
32%
9%
10%
1474
7,000
66
2074
22
10%
1,300
It
22% " 24%
94%
2074
21V2
/ *80>%
——1—No par
Co
Watch
13%
*43
92%
10%
974
—
5
17
15% Jun
2% Mar 17
Sep
pfd—-100
25
92%
22
71
45
'24%
95
*21%
*121
par
'
*92%
17%
!,_„No par
1
1__1
15
*43
;
95
*22%
3%%
3
10% July
1
4%
6
17% Jun
3%
„
3
88
29%
i®8
common__i._No
Corp 3.60%
'
30>/4
*32%
.»
J00
Co
,
.
33
preferred ————il
100
conv 2nd
preferred—1_100
3%% preferred
—_100
Burroughs Adding Machine—No par
*
18
13
Dec
12% May
Jun
Jun
13
6% May
21% May
110
3
97
Mar 16
Sep
Bulova
»9%
•i
26%
.
8V\ " 8%
46y2
46'%
9Vb
9'A
33 Vs
33Vz
30%
31'/«
29%
30%
8%
48
—_
Buff Niag El
Bullard
24% Jun
par
3
121%
12%
r 32
31%
-
18
»i03/„
—5
common
preferred
/Buffalo Forge Co
1
100
26
97/8 Mar 16
76
15
21
—_'l_Nb
—
(The)
/
common—15
$5
43% Jun
7T> Mar 16
79
Jun
Inc
preferred
21% May 15
Mar 31
79% Feb
Jan
12
13
16% Mar 16
Feb
Mar
100
Budd
July 12
90% Jun
14
May
7%
40
3
x32% Feb
Rights
2
Co
preferred
$3.60
30
75
78% Aug II
23%
5
11% May 15
Mar 30
14y2 May
80
Oct
124-/4 July
o
DAY
33'%
38 -s
16
11%
*14%
45
'
42
3
15
31
66
ELECTION
I9l/a
*37%
38
'
16 Vs.,
12%
24%
*43
24
-
74
14%
14 74
EXCHANGE
43y2
63V8
89%
3
*37%
8%
12
I8V2
80y2
31%
15%
Shares
$ per share
!
15
11%
STOCK
.«•
43'%
62%
*88\\
63«/«
the Week
:
31
share
14%
for
Sales
t per share
3t
31
CLOSED
67
18%
43%
62%
*88y+
.
13%
15
28'%
18y4
l"s
I per
$ per share
600
Friday
Nov. 4
Nov. H
Nov. 2
32%
16%
137
Nov. 5
Thursday
Wednesday
/
*134%
PRICES
HIGH SALE
Tuesday
271/4
'
93,800
10 3/a
66'%
31%
33
5.300
36%
30%
66
33
30%
,29%
-34%
11
27
-
Brewing Corp of America——
15
>
*46'%
Bridgeport Brass Co__
_No par
9•/«
Briggs Manufacturing —_l__No par
33
Briggs & Stratton_—_—_w_No par V
30»/4
Bristol-Myers Co common
:2.50
29?4
3%%' preferred ——:
!—_100
*92%
34% May 18
63
1
;
Bearing
Braniff Airways Inc—
11% May 15
36% Jun
9
30
May
23% May
30% Nov
90
Feb
Inc
.
,30%
X36%, t.? 37%/
134% 134%
37
30%
26%
66
5
No par
1,400
10%
25%
25%
26%
29%
45
u43
25%
27 *'
No par
;
16%
"■
12%
*1474
45
1
43>A
Co
Bower
10% Mgy 18
Dec
Brass-'—-
A
—_1_
Boston
25
7
*43
(The)—1_a—i-15
Borden
5% May 15
Jun
&
class
B
Stores
\
32%<
15%
-«/
No par
Borg-Warner Corp common...
5
3%% preferred
_1
—.100
9
May 24 v
42
Co
' *12%
*14Va
s
.-2.50
■—
25%
135%
$ per share
33%
16%
13
*32%
' 16%
Co—L„5
Aluminum
Ami
1
common—
new
Brothers—
Airplane
Class
66% July 13
81
9%
Boeing
31% Nov
37% May
May
16
Jan
38% May
3% May
% Apr
Co
W)
Laughlin Inc
Bloomingdale
Jan
c
35%
May
Oct
Decker Mfg Col_—No par
Co
—No par
(E
17% May IS
44% July
8
24%
45%
32
14% Sep
5
32% Mar 15
89
Dec
5
13% Nov
Dec
41% July
29%
83%
t per share
■
'r
Blaw-Knox
36
14
25*
Par
/
.
Jan
x20% Feb
May
12% May
300
26%
134%
"
I per share
92%
35%
Monday
Nov. 1
/
Oct. 30
100
92%
1333%
LOW AND
Saturday
'
2,600
75
93
,
*;'
>
STOCK
NEW YORK
»
31%
*71
323/4
*135%
137
75
22
26%
■
29
283/4
•<
39%
..,39
J
,313/4-
30 ■;
*71%
93 ,'r
26%
25%
27%
31
33%
29%
95
*93
95
29%
29%
*134%
'L*-1-100
32
35%
27%"
38%
Carpet—No par
Birmingham Electric * Co
—No. par
Highest
:'*93
'
———1
—
Steel
Bigelow-Sanford
14,
93,
'
coin—No par
1
STOCKS
Highest
13%
21
27%
preferred
Range since Jan. 1
Year 1047
22,700
14 ...'
23
'14%
*27
29%
————
Range for Previous
Lowest
33%
13%
22%
.135%
143/e
14%.
'
2?
37% May 15
Sep
>
133/a
33%
13%
33%
14%
23
35%
353/8
.
*
com'— *._10
Loan
Cum pfd
139% July 14
27
9% Sep 29.
27
Cum
Indus
*22%
>
—11—5
Appliances!——33% c
Home
Beneficial
87% Mar 10
•
30% Feb 27
133%
•
107k
600
26
8,400
10%
102
102
41
100
41
r
10
*41
4272
*41
42 74
*16 74
17
*17»/2
18%
*1774
18 34
1472
13%
14%
66,500
4172
4072
4174
700
13
1374
14
42
4274
417a
'
.
.—
Volume 168
Number 4749
THE
COMMERCIAL & FINANCIAL
Range for Previous
11
Lowest
$ per share
Apr
51/2
14%
57 y2
Feb
Dec
15%
102
Nov.
27
Dec..
38
Dec
27% Jan
32% Mar
Oct
14
'
Oct
7%
Feb
47
Dec
64
130
Feb
'
5
Dec
19% May
Feb
13
Feb
10
Apr
123
Feb
11
Feb
21%
Feb
22 Va
18% Oct
Jan
16% Jun
6% Feb
116
28
9y4
Dec
10 y2
23'
May1
40%
-83
11
Jun- 29
3% Mar 19
22% Nov
5
13% Feb
10,
'24% Ffeb
28
Feb
Qct
17% Feb
18
90
16
20y.
Feb
May
30%
Dec
Jan
.12%
12%
4
•
Jan
;
Feb
Dec
11
4% May
8%
Feb
6
15%
Feb
12
10 y2
Jan
20%
Feb
*27%
Feb
14% Mar
54%
Feb
34%
Dec
38%
Jan'
51% May
56
;
35
9
Dec
Jani
4 I/a
15%
,
21
57
Dec-
56 y«
Sep
23-
Novt
96
■
Dec
3
5 % Vo
3
29% Jun
17
Cincinnati
23% Feb
93
4
Nov
5
36% Jan
Feb
11%
Dec'
20% Mar 13
Feb
94
278
* 34% Nov
May
Jun
6
95
Jan
43%
Jun
Feb
105% Jan
Jun
35% July
24% Nov
176
6
5
80
.
Jan
2
29
88
Jun
C
4
20
"7
34% Apr,
C C
5(/e>
Cleve
109
Mar
105
Oct
15
25
Dec
5 Vo
101'
Jan
70
Sep
8
Dec
Feb
40
Sep 23
78% May 20
47%' May 19
Cleve
57
'14% Mar 15
18% Mar 22
Climax
14%
Dec
24%
,
May *
34
Dec'
Feb
39% Mar
„
23% May .5
'
140
Dec:
89
Dec-
154
Feb
911/2
6% Nov
137
5
30
July 13
141
■
May
x61%
1140
191%
Jun
65%
May
May *
"
33
87
Dec
Lowest
t per share
Co
Co
Industries
'
144
Nov
56
Jan
61
May
1155
1332
Jan
Nov
July
1
323/4 Aug 16
x87% Sep 10
105% July
23%
Dec
46
Feb
15
Nov
18
•
3
July 13
Aug
22%
Oct
16
Feb
18
Oct
12
May
161/a May
8
May
17%
Feb
1%
Jan
8
July
11
Feb
11
22% Oct
22
11
Feb
11
18 ¥4 Jun
25
17%
16%
Feb
12
Nov
5
Feb
11
Nov
5
17% July 14
Dec
32%
Jan
32% May 15
14% Jun
32 %
Jan
22% Aug 26
20 % Nov
3
10
12%
Oct
10% Feb
Apr
11%
Dec
63
Dec
.
22%
86
Feb
Mar
i
7% Sep
56
Oct
13
28
8 '
18% July 15
313/fl May 12
24
13 % May 21
78% Jun
15 *
30% May
39% Aug
28% Feb
27
36
37% Apr
16
50
Feb
35% Feb
5
433/4 Jun
4
Dec
36
May
87
Dec
20% May
2Ve May
94
48%
(
26% July
4
Jan
123%
Nov
,33%
8% May
.
104%
Nov
Jan
Jan
*33%
Nov
35%
Feb
2% Feb
10
95% Aug 30
25% Sep 23
8% Feb 11
283/4 Feb
10
Nov
Sep
8'
Mar
5
Feb
15%
1033/s Feb
Feb
May
5
4
20%
17
2
21
11% May
Dec
23
26
10%
40% May
;Jan
18% Nov
Feb
7
.
36% Jan
90
,29% Feb
108 % Mar
4% May
Nov
Jan
147/«
23 % May..
30 '
Apr
21
Oct
115% Feb
.
Dec
25%
,
54%
30
Jan
Jan
12% May
19%
10% July
10
11% Mar 16
9
Apr
30
July
7'
29% May 26
3% Oct 19
106
Apr
27
29% May 14
11% May 20
36% July 12
32
May 21
6% May 21
25% July 12
107% July
6
Aug 27
11
Feb
24
9% Nov
3
15% July
83A Nov
5
16% Mar 20
15% May 12
6
30
Dec
38%
Feb
32% Feb
27'
35% Jun
17
1/64 Nov
5
1/64 Nov
5
99%
.
Dec
114%
Feb
98% July 26
100
32 Yt May
94 %
:
Dec
48
Feb
104% July
Sep
27
333/4 Aug 12
90
Oct
18 =
106% May 25
103% Oct 11
42% Jan
5
11%
Dec
20%
Feb
10% Mar 17
94
Dec
99% May 25
17% July 13
106 %
Apr
84% Mar 23
92 %
Sep
May 15
July 13
30 y#
Dec
95
Dec
9
May
May
44
For
44%
Feb
110% July
13%
Feb
55 %
Dec
footnotes
see
page
303/4 Feb
5
40
92
7
99
Oct
83/4 Nov
4
48% Mar 17
24,
3
13% May 21
64 % Oct
26
-
*
f
1
Class
,
5Vo
Iron Corp
non-cum
1st
non-cum
2nd
44
16
common—No par
w w
10
83
»
150
61%
S per share
•
30
6,100
-
*138%
*81
'
85
80
J
4,200
81
900
37%
18
18 '
21'A
21%
22%'
37%
.
EXCHANGE
89 Va
37%
*88
CLOSED
20%
21%
21'A
21%
13
'
*21
.13%
*
13%
23Va
12%
14
>
9
35%
ELECTION
DAY
18%
19'A
12 Va
14
13%
*12% "'13%
23%
^2%
/
*1130
*12
35%
"
35 Va
89%
•
15
17%
20 3A
21%
22
20
21%
3,200
19%
20 *
18
19%
55,500
20%
18%
19%
6,900
19%
20
Xl9%
.
12%
13
12
12%
540
13 Va
14
14
12
13
390
*12
13%
11
12
22%.
23%
5,100
22%
22%
2,900
11%
63,800
8%
2,500
12%
22%
,23
23%;
21'A
.22%
22%
11%
12%
8%
11'A
32%
41%
41%
491/2
49%
49%
*52
11%
11%
8
.
50
2,800
'
13%
20 Va
62
3,800
*89
1-7 %
22%
8%
36
89%
23%
12%
-
17%
*89
23%
*56
,?80
„
17%
22%
32
8%
•
•
8%
„
10%
8%
8%
-
20
"
41%
*54
31
32
32'A
31%
32 V4
2,900
40%
33 %
62
30%
,
41'A
41
41
39%
39%
1,200
'
60
*50
58
100
*
49%
46%
47%
47
47%
47
48'A
97
97
97%
96%
97%
97
97
220
21%
19%
20%
19%
20%
18'A
20
16,700
3 Vb
3'A
3'A
3%
5,900
-
*27
*98%
25%
-
100
99%
26%
26%
9
9
9
*
35%
33 V4
34
33%
27%
27%
27 Va
26
26
*26'A
*4'A
4%
4%
4%
4
24V*
24%
24%
106
36
900
62
*1100
..
Shares
146
*61 Ve
23%
'
Va
106
146
62
for
the Week
S per share
148
61%
89
,
17.%
20'A
13
Va
147
Sales
Nov. 5
f per share
,
62
88
Friday
Nov. 4
146
34 Va
21%
13'A
,*3%
Thursday
*1130
18%
21%
FRICES
61%
STOCK
35'
3
105%
106
23%
%
155/a
15%
*9%
15
9%
43%
43 %
43%
44
100
25%
25%
26
26'A
106
15%'
10
365,800
98%
99%
25%
27
31,300
9'A
8%
9
2,800
34 Ve
900
33 Ve
33%
26 V*
26'A
4'A
27
4%
4%
7,600
23%
41,600
2,000
400
*
24%
*93/a
4%
4VB
3%
27%
100
*
15'/2
24
23%
106
105%
23
24
105%
105%
14%
14
106
1,900
14%
14%
14%
9 V4
9'A
*9%
42 Va
42 3A
42 Va
43
42
43
23 3A
24%
24%
25%
22%
6,000
9%
10
14%
3,000
9%
200
3,700
13
12%
13
12 V«
13
12%
12%
12%
24'/a
12%
9%
10%
10
10%
9 Va
10
9%
10%
9%
10'A
9%
6,900
9%
9%
9%
9%
9%
9%
9%
8%
9'A
25,500
33%
33%
33%
33%
*2(2 Va
"33%
33%
33%
33
2,600
1/64
1/64
102%
6,900
102%
102%
102%
102%
102%
102%
102%
102%
103%
840
103
103 Va
102 Va
102 Ve
102 3A
102%
103
102%
103
990
40
Consolidated
40 Va
"40'/a
36'A
38
93 %
*91%
*12%
•
1
:
preferred
/No par
$4.52
preferred—^—• __No par
„—
Container Corp of America com—20
4% preferred
:
',100
*91%
103
40%
15%
15%
88
36
*93 %
9%
62
36%
95%
35%
*93
36%
96
10
10
10 Ve
62
61%
62
x34%
37
13%
88%
87
-
1,400
;
*91%
-
93%
15%
89'A
5
•
'
15%
*
t
"
89'A
No par
.10
141
83
144
-
61%
35
Insurance
20
.
1
$ per share
9%
Continental
J.—
—
42%
Nov. 3
27%
,i
*41
'
Wednesday
Nov. £
I per share
150
SALE
Tuesday
100%
Fibre,
43
2,500
*
141
*138%
-
85%
9%
Diamond
•42'
'
,
72
*138%
141
27%
preferred
*70
1,900
100 VB
>
26
108
71%
J50
33
9%
No par
24%
*106%
26%
108
.
32 Ve
27%
Corp—1.33V3
20
107%
*70
43
*
Nopar
107
32%
141
100%
Continental Baking Co com.—No
par
$5.50 preferred———
No par
Continental Can Inc common
20
25%
*106%
,
107%
6,1200
32%
91/2
*34
Consumers Power Co.com—No
par
Rights
'
26%
108
72
32
3%
Aircraft—
*107%
J
85
40%
32%
273/4
$4.50
107'A
185
38
34%
3%
Retail Stores Inc_,— 1
Consolidated Textile Co Inc
10c
*80
40%
3,200
100%
Consolidated Vultee
*165
85
40
7%
3%
Consolidated Natural Gas—
Consol RR of Cuba 6% pfd
185
*80
15%
3%
5
*165
90
40%
2,700
2,200
25%
21%
:—
185
18
35%
14%
97
Coppermines Corp,'
5
Consol Edison of N Y com
No par
17%
25'A
6%
No par
Grocers
34
l
3,ooo
7%
,1
25
Conde Nast Publishing Inc—-No
par
Congoleum-Nairn Inc
,_No par
Consolidated Cigar—
preferred
18%
36
1,500
8%
85
"
15%
21 Va
Consolidated
.7
26%
897/a
*97
>
29
*8%
*80
,7%
98
preferred series-;—
Commonwealth Edison Go_!
28 Va
Mfc
8%^
85
.15%
26 Va
21 Va
$6
29
*8%
*80
7%
com—No par
South
7,800
'
'25
'
;
1,600
42
27%
*17%
12
—100
250
22
7'A
—No par
__
93
22
40
S"
14%
*1160
32
Credit common,!
29-
8%
'
41
3.60% preferred
Commercial Solvents
93
94%
22%7'
.h
18
*70
..
Nov. 1
62%
22%
-
41 Va
107
v.
Monday
149
13%
No'par
Co
*93
10
26%
Oct. 30
*12%
<
2,800
35%
*41
13
preferred—100
27%
•
7%
Saturday
20%
preferred——100
27%
18%
*106%
21'A
20
100
com
54,400
27%
*22%
85
*85
108
37'A
'
58%
35%
*165
*88V2
20
•'
*
55%
27%'
,94
80
59
34%
LOW AND HIGH
*1130
"
27%'
8,900
,
37'A
2.7%
85%
*61%
—No par
-58
50%
%
15
*138%
*147
i
57%-
3 Va
*48
x37
'18%
...
*
„
3
49
39%
34
I per share
:
3 Va
48
*38
40
72
3%
i
16%
86
.
Par
3 Va
39%
48
«Va
44
..
141
—No par
$3.75
1,800
2,400
<:
Columbus & Southern Ohio Elec„10
Continental
16%
13,700
27%
7%
i
337/a
56%
$5
16 %
28 % * 29
27'A
.
*42%
16
56%
&
•
*84%
:
com—No par
Ry
preferred
Carbon
Commonw'lth
16%
21%'. •23%
107%
27 %.
72
7%
'
par
Pictures
_.
*138 Va
j
—
Commercial
16%
*80.
85
*106%
277/8
.
preferred-—
Southern
cum
300
16%
41 Vb <,42
42
107%
.
72
33%
„
—
4%
$4.25
14%
47
37%
85
108
llA
„
No par
1
•
4%
Columbia
68
14%
93 %
185
41%
90
41%
*27Va
,
36%'
108
I
'
Colombia Broad Sys Inc cl A_
2.50
Class B—i
'
„2,50
Columbia Gas System Inc;—No
Columbian
38%
66%
27%
;
(The) iCommon_No par
Aikman
&
35%
14%'
8%
*165
2,200
54%
68%
-56
19%
3,900
31
28
*53
38%
•
'
Mills Inc
conv
26%
185
31%*
54%
14%
*38
85
19%.
...
10,500
II,200
4PA
68%
29
8%
313/s
*53
'
29
15%
38%
-
38
94
*80
42'A
14 Va
43 Va
,<
2.500
43,100
68
.23%
-
17%
41%
•
9%
33%
17%
•
37%"
2%
51
42%
8Va
30%
9%
34%
18 •'"
-
16%
39%
23%
8%
,
33
14 Va
3%
93'A
5,400
5,400
6
67
'
.16%
«
27
16
No par
Colo Fuel &
Colorado
'37%
15
50 Va
11%
'
70 Va
*
Va
543A
*53
40 Va
*38
19%
•
*42'%
'
preferred
&
Colonial
54%
*71%
•
A
$3.50
Collins
30%
.*53
*106 Va
/
8%
9
17%
3%
19%
9%
5%
31
16%
17%
6%
42 Va
70
4,600
11%
16%
*14%
20,100
9%
V2
6
700
5,800
10%
11%
6 V2
f
26,900
6
8%
19%
11%
%
40'A
85
27
.^100
Corp.—No par
Colgate-Palmolive-Peet com—No par
•
*7%,
*107%
~
1Q
10%
19%'
34 Va
94%
*85
y.41%
.•
10%
10
44
3%
36%
.
3,300
10%
19%"
43%
61
*165
1
12%
34
17
*19%
par
10%
33
29V2
:
12%
31
70%
*80
{
12%
19%
.15
*94
par
78%
5 Va
36 Va
*3%
,
38
78 Va
34
*16%
:
37
6%
44
70
'
38
19
40 Va
900
~
80
35%
1
900
28
6%
7%
,
10
10
28
;
10 Va
11
6
9%
37%
10%
10
6%
r.
99%
79%
123/a
19%
12%
22%
*98
6
110 Va
10
'/a
26%
24%
37%
5Va
'
10%
-11%
9%.
,
19 Va
50
1
Consolidated Laundries Corp
28
IF
-
28
24%
80
80
-
13%
6%
..
-36
*14
*"
—100
Consolidated
19% Feb
7
12%
7%
54%
,
:
i
■
11
2
/37 Va
80%
-
11%
9%
40%
,
"
Cp com——Nofcar
21
Jan
39-
6%
>
26%
30
•
12%
*40
5 *,
—3'-
12% Jun
51
80%
13
*53%
No par
xl8% Jun
41% Aug '25
17% Mar
Feb
3
53% July 15
104
80% '
' 6%
34
,
50
1
—:
Coca-Cola Co
1
96
Apr 20
25% May 18
29%
23%'
Coca-Cola, Internat
2
26% May 21
22% Oct 23
f28%
38%
44%
-
2
45%4 Jan
"
*43%
<
gtd_^__50
share,
633/4 Jun
28
29%
*22%
a.*..
*
12% Feb
'
21% Nov
;
183
1332
X28%
29%""
J 43 Va
com_i
YORK STOCK
EXCHANGE
May
8
21%
r
,
11
9%
-
\
100
NEW
16
20% Feb
9% May
5
11
$ per
*10%
19
par
Inc-j.——-.
Corn
Highest
$ per share
.
39 % *
*35%
20
I'/c. preferred—
4% cum 2nd preferred
92% May 20
Range since Jan. 1
Highest
1
11
12%
5
STOCKS
Year 1947
Lowest
tio%
*6%
—.i—.100
RR
Cluett Peabody &
Range for Previous
I per share
11 Va
*9
"
99 Va
11
11%
10
preferred
l
<
*98
No par
—a
Bronze
Pitts
Clinton
Clopay
147
99%
12%
••
Ry Co com—100
Molybdenum,
5
36% May 17
10
78% Sep
Dec
Feb
*98
10%
100
preferred—
&
10% Jan
28
27,/4
24%
*27 V4
24
98'A
—JNo par
Special gtd 4% ..stocJc-
35 % Jan
5
30% Sep
48% Mar
29%
26%
98%
21%
100
Illuminating com—No
preferred—No
Graph
71
32
29
25%
10%
common—
Louis
non-cum
$4.50
9
108% Jun
4,800
,
26%
29
Cleve Elec
42%
■
I,100
24
9%
30
21%
!_.—j._——
& St
Nov'
'
-
27'A
%
( 99%
61
Clark Equipment Co
5
42% Oct
13,000
28%'
City Stores
July 12
111% Jun
;34% Feb 10
14%
60'A
City Investing Co
5 Va Vo
preferred
May 24
38% Aug
July 12
115%
Dec
20
21
200
13%
28%
;
2A00
14%
60%
Cincinnati Milling Machine Cp
11
10%
14%
28%
I T Financial Corp
City Ice & Fuel-
11
14'A *
11
com—8.50
•—l
; 200
17,700
13%
39%
preferred
•
3,300
60
Elec
74%
'36%
9
*38
&
'10
74%
32%
'
37%
11
6,100
15%
2.50
Gas
74
1,700
7%
101
15%
16
21%
—100
---,
7%
*100
23
Co————i—25
Corp
10%
25
22%
11
Co__No par
A
100
C
3
.
6
27% Mar 18
*
Jun
10
3an
84% Apr
9
Jan
176
Nov-'
33
Copper
4%
May 17
48% July 8
1
Jan
15%
Feb
May 26
27
26
Oct
7% Mar
Mar
20%
101 %
10 Va
24%
9%
21%
No par
preferred-!—
Chile
Feb
11%
7,900
1,300
7
7%
74
"363/4
t,
2,600
6%
\
101
101
17
10'A
9
,
23%
11% -11%
.
*--10
common——'—
_1 ,•
Co
Chrysler
•28
27%
Childs
10
Jan
11%
26
-7%
;
16%
7%
9%
13
4—100
series
10%
7
25%
23%
*6%
;
u_100
Cab'
17
10
23 Va
*80
>
Chickasha Cotton Oil
24
Jan
106
Yellow
17
400
*9
39
com—_No par
RR
18%
23
* 29
' "
preference—No par
Pac
preferred
Jun
Nov
85
Conv
Chicago
65% Jun
28
34%
convertible
42
341/4
107*.
$3
Chic Rock Is &
18 3/4
100
10
11%
lr
„
183/4
36%
50
vtc!
preferred
preferred
11
29%
12% May'
t
5%
18
46%
23
03% May
76
•35%
50
Chicago Pneumat Tool com__No
19% May 27
4% Apr
2
1
A
Feb
*
1
Series
18%
101 %"
*72
-
Chicago & Northwest
10,700
24%
26%
l_40
com
27
*9%
^.25
—
25%
24
,*98
preferred,—100
RR.Co com—No par
111
-
10
*29
par
No par
Chic Ind & Louis
Ry Co class A
25
Class B ——_—_—
No par
Milw St Paul & P vtc__No
par
31
111
No par
A
90
27
7 Va
39%
29,700
26
,
,
77
32%
30%
150
24
15%
convertible,
52% Feb
Oct
21% May'
78
Co
*99%
33
6,000
*9%
1
.
101 %
52%
137
t
'
54%
1,100
9,100
102
26
7%
7%
41
139%
54%
*101%
7
26
*7%
36%
*137
*135
9%
7%
37
137
17 Va
9%
27 Va
-
7%
423/8
1,300
101
*
16%
,' 7
5,500
23 Va
5
preferred
66%
*
27% May'
8
May
'
Belt
42% Mar
"
Products
19
1.4C0
14%
101
25%
*18%
35 Va
*35%
140
32%
31 Va
35%
14'A
'
*135
,
135%
24%
7Vs-
38%
1"1%
32%
10%
■
*75
37%
11%
—No par
Copper Corp
77
36%
Chic
20
11
*75
9.50
—
22
2% Nov
pfd—100
Chicago Corp (The).
Chicago Great West RR Co
5% preferred—
7
15% Oct
•14% Feb
'-100
Sugar Co
Pasco
3%%
2
72% Oct
37% May
-
Jun
42% Sep
22
Feb
de
Class
May 21
July 22
10
Violeta
Chic & East
49% July 15
40
44% Oct
32
-
29
9
July 13
17% July 14.
11
7% Mar
Nov
9
28
49% Mar ?0
18
Feb
pfd
Chesapeake Corp of Virginia L_!1.5
Chesapeake & Ohio Ry common_i25
Feb
:
45% Jan
10%
15%
*100%
$4.50
13% July 13
41% July 13
23% July 15
25% Feb
<
101%
Light 4%%
8-
:27% Sep
July
*100%
111
Century Ribbon Mills
123% july 13
7% Mar 16
30
Apr 18
•
7%
Cerro
14% May 21
4% Mar 16
Nov
27%
7%
Certain-teed
22% July 14
15% July 13
9% Jun 30
Feb
27%
*7%
Checker Cab Mfg
2
Feb
7 Va
8
2
6%
10%
'7%
Champion Paper & Fib com__No
Jan
14%
10%
7%
6
Jan
19%
10%
.
7%
41%
53%-
135
-
190
J
37
138%
53%
*99%' 101
28
27.%
Chain
-
102
135%
27%
1
Foundry Co
11
Jan" 24
Dec
135%
8
42
140
30
34
*100'A
137
Va
52%
.
17 VB
14
7% Jan
6% May
23% May:
i3y2 Nov
102
5
Jan
90
*
*100%
Je/sey.*—_ 100
1
43% Jan-
33%
27%
7
40'A
57%
%.
*135%
*36%
1103/4
14%
38 Va
3,700
31
313A
35 Va
143/4
140
19 Vb
Central
May 24>
May
56
135%
14%
8%
43%
30
5%
1103/4
35
*
<900
54
5 Va
110
31
Shares
15
*52%
6%
109%
30%'
*36
143
16%
Co—,
30
11.
9% Feb
20
8 Va
42%
' 53
14%
DAY
143
14%
34Va"
ELECTION
34%
*18%
.30
37%
15%
563/a
27 Va
109 %
CLOSED
39'A
42Va
34
109 V*
EXCHANGE
15 Va
146
56%
6
*18%
Sugar
15% Jun
11
7%-Feb
'
6 Va
*38Vs
<,
8%
*41%
'"143
—20
Central NY Pr Corp 3.40%
tCentral RR of New
,1
28% Apr
33
July 19
•'78% Nov '5
'
—No par
26% Jun
1003/4 Jan
37
102% July
;
7% Feb
.
Feb
9% Mar. 16
•25% -Mar 16
Oct
54%
Dec-
•
25
100
5%
17
Central
May 21
Jan
8% May
4% May
*33%
8.
15
Feb
*8
5%
May 27
39% Nov
30
Apr5% May;
6% May
2%
8
3
27
372
•
Jun
Oct
110%
Dec
Jan1
;8i.%
108
6
Ja,n
39V*
>___1
'
37
.
15%
*37%
15
53
31%
the Week
$ per share
53%
STOCK
Sales for
Nov. 5
$ per share
53%
6%
Friday
Nov. 4
-
share
54
31%
37
*15%
$ per
14%
of Ga Ry Co vtc.,
No par
preferred series B Vtc
100
Central Hudson G
E Corp__No par
3
29.
7% Jan
351/4 Mar
19% May
100%
8% Mar
18
10% Nov
14%
Corp J
'
,
Thursday
Nov. 3
$ per share
*109%' 110
31%
*36%
10
Central
Oct
2iy»
5
50
common
Aguirre
Central
Jan
Nov
Co
31%
PRICES
^Wednesday
14
6%
110
SALK
••
14
17
1
6
12ya
May;
General
I)
Central
30
Apr
74
i.
series—J.
common
6%
■
*103%
-Nov. 2-
16%
*52%
,
HIGH
Tuesday
•
S per share
i63/8
54
6%
1
No par
preferred
11% Sep
16%
11%
5%
7
38 3/s July
v
Dec
2278
20 y2
7% Jun
101
Oct
Feb
Light-J"
preferred
123/s Jun
5
' 5
1
'
16%
*52%
par
5
96%
4% May'
11%
2
18% Feb
(J
7(w
16%
Celanese Corp of Amer com—No
par
$4.75 1st preferred
No par
7% 2nd preferred
100.
Celotex Corp common-,
No
"
10% Jan
,
July
1
Ohio Ry„100
Caterpillar Tractor-*
9
20% Jan
21
6% Nov
Dec
Case
s
May 27
34% Jun 25
11
•24 % Nov
Dec
39% Jun
22% Feb 28
Feb
14%
7.7%
2
&
Monday
Nov. 1
$ per share
10
preferred 4%
Carriers
140
32%
Dec
May 20
105
Corp
Conv
68% May 15
22
Dec
100%
8
52% Jun
97
156
&
Carolina Power &
147% July 15
Dec
7% May
7%
9
Jan
Dec
Clinch
Carrier
28%
13Q
common
Carpenter Steel Co
;
li
A
preferred A__
Capital Airlines Inc
Carolina
-
Oct. 30
S3
193/4 May 21
43% Jan
108%
Dec
Aug 26
July 28
41% Jan 12
;9
Feb
50% Oct
Capital Admin class
32
Mar 16
35% Mar
Jan
Saturday.
EXCHANGE
Par
8% Mar 22
110% Nev
5
35% Mar 30
6% Mar
1
158 '/2
•
-
May 15
56
4
21 %
May
18
2
Feb
17% May
xl7%
100% Feb 18
Jan
:45
Dec
1?%
Jan
21
20
LOW AND
NEW YORK STOCK
S per share
13
39J/4
29% May
X97
Feb
'50%
12y8 May
49 V*
'
48% Apr
3% Sep
Jan
128
35% May.
8
Jan..
132
11
1
Highest
1 per share
,
Feb
May.
50
_
Range since Jan.
Highest
t per share
(1911)
STOCKS
Year 1947
Lowest >
CHRONICLE
3 7'A
37%
93%
*91 Va
14%
14%
93%
15%
88'A
33%
35
95 Va
95%
9»A
9%
59
•
61
*88
33%
*93
8%
58%
,
88 3A
34% :
95%
9%
60
33
*91%
14%
6,200
93%
u
14%
4,300
"
88%
•32%
94
88 Va
34
94
260
9,600
300
-8%
9Vs
3,000
58%
60'A
3,000
16
NEW
t per
< per
share
May
12%
55%
Apr
14 Ye May
43
May
27 Ya
Feb
Dec
55
10 Ye Jun
69% Jun
24
18
Continental Motors
11
Continental
Oil
19 Ye
16
Continental
Steel
Mar 16
14
Oct
19
33
Jun
55
July 12
Feb
21 Ye Oct
11
17%
Oct
13
55
Feb
42 Ya Mar 24
20Y§
Peb
10
Nov
61
Jan
50
Feb
88 Y2
Dec
88
Dec
61%
Sep
Dec
170
105%
Feb
88
Nov
Jun
86
Oct
28
75%
Dec
2%
Dec
97
40 Ya
llYa
Dec
16
Dec
30
Jan
2
Coty
33/e Feb
2
13
393/4 Jun
14
Crane
98YaJun
2
15
Creameries
Feb
27
13
Jan
Mar 18
24
Yi Jun
9 Ye Sep
x21
17 Ya Nov
41
Dec
52% Mar
37
Sep
Apr
34%
26 Ya Nov
$2
1
Crown
Zellerbach
July 14
Dec
108%
24
105 Y2 May
130 Ye
Oct
Sep
13
129
Jun
1
37 Y»
Feb
21 Ya Sep
28
283/i Jun
14
96
Jan
66 Ya Mar 17
78'/e Jun
2
5%
17
Cuba
98
22 Ya
May
Dec
66
91 Ya Feb
Feb
100
May
13% May
165
Jan
12Yz
Dec
82%
Dec
Dec
Xl6
24 Yz
Oct
6% May
34%
Jan
165
Jan
17%
27Yz
56
Dec
70
4 Ye May
12% May
Feb
129
21 Ya
13 Ye
11
17
150
61
4% Feb
183/4 Feb
13
Jan
27
133
28 Ye Sep
x313% May 26
I8Y2 May
30 Ya
Feb
21Y4 Mar 16
19 Yz Aug
26%
Sep
19
Sep 28
97
Sep
85
Oct
23%
Oct
13 Ya Mar
17
18 Ye
8,800
49
49
50'%
49
10
10 Ye
10 Ye
10
10 Ye
54
53 Yz
54
53
53%
380
20 Ye
20 Yz
21
18Yz
20'%
5,500
88
88
89
89
*88%
90'%
10
87
87
87
88
89
90
62%
60 Vz
61
61 Ye
61 Ye
613%
61 Ye
165
110
166
165'%
165 Yz
4
33%
3 Ye
*164'%
33%
165 Yz
4
3 3%
33%
3 Ye
1,700
2 Ye
23%
2Ye
2 Yt
23%
23%
2%
2
2'%
4,100
33%
33 Yz
34 Yz
323%
7,000
9%
9 Ye
165
96
*92
3%
30 Yz
33
32 Yz
'32%
31
*92
96
•92
96
93/4
94 Yz
*92
93 Yz
10
9 Yz
93/4
9%
9 Ye
9Yz
9 Yz
2,100
24
23%
23 Vz
23 Ye
23 Ye
23 Yz
23 Ye
500
20 Ye
203/4
18 Ye
193/e
193/«
19 Yz
17%
19 Y4
r,ioo
•383/4
39 Ye
39 Ye
39 Ye
38 Y4
38%
39 '%
39 y4
40
40
29 Ye
29 Ye
27 Ye
27%
27 Yz
28
26 Yz
27%
•94 Yz
95 Yz
*94%
95
94%
96
*94
96
102
*100
101
*28%
29 Y,
*100
102
100
*30 y4
27
24 Ye
25
73
73
72
72
31
30
30%
*30 '%
31
*15 3/8
153/4
15 Ye
153/4
80
14%
14%
13 Ye
19
19
*18 Ye
19%
*18%
.No par
9Yz
*144 Yz
1
common
10%
1
pfd
Inc—
♦24
100
——
>132
9Yz
10 3%
10 Y4
10 Yz
24 Yz
243/4
*132
13%
13 Yi
19
18%
18%
17%
8Y4
54
10
9
23 Ye
♦132
23 Ye
27
21 Ye
22
23 Ye
20'%
62,900
5,700
140
*132
29
100
900
10 '%
23
23%
140
28
27%
20
23 Yz
23
*132
140
27
29 Ye
9%
10 Ye
Ye
53
53
54 y4
40,100
143 Yz
138
145
700
9 Va
7Y4
9 Ye
8 Ye
145
53
22 Yz
243/4
1,400
18
142
9 Ye
134
29 Yz
29 Ye
14 Yi
53
54 y4
2,200
100
13Y4
*140
533/4
8,400
80
*77
13 Ye
8%
93/4
145
145
140
*29 Yz
No par
9 Ye
145
54
*53
9 Ye
8%
9Y4
470
.
180
♦160
80
*77
400
15 y4
15
15 Ye
9 Ye
80
♦76
80
14
29
180
*160
9%
9
9Ye
9 Ye
9»/e
80
72
28
6,166
24Y4
72
30%
Ye
15
23
74
30
180
700
5,700
340
25 Yz
25
*71 Yz
15%
15
*160
180
*160
180
*9
2.50
*100
102
*100
102
25 Ye
73J/4
•160
100
*100
25%
253/4
*72
No par
A
3,500
166
_No par
Class
1
24
pfd
Cushman's Sons Inc 7%
150
87
14
Cutler-Hammer
60
90
33%
100
com
2,100
20 Ye
.
Publishing
170
49
20 Yz
DAY
10%
*77
Curtis
*49
Yz
4
No par
preferred
Curtiss-Wright
1
18 Ye
24
:
2
July
18 Yz
No par
5
May 14
137
60
18 Ye
53'%
62 Ye
62%
95
13
21
54 Yz
54'%
87
95
Aug
12 Ya July
11
54'%
166
•92
10
July 15
2
54'%
2YH
July 30
173/4 May 18
24 Ya Jan
ELECTION
*53'%
223%
*89
90 Yz
—No par
non-cum
5,500
54%
*53%
'
88
Mar 11
Dec
Apr
Sep 27
48
Feb
132
3
6%
26 Yz
4
Cuban-American Sugar common._10
1%
24
20 %
133/4 May 21
Feb
7
Mar
6%
4
122 Ye Feb
Feb
147
9
17
Nov
12Y4
Jan
Jun
113 Y«
21
Sep 22
13 Ye Nov
9
Jun
177
Apr
80
Feb
19%
17 Ye Aug
8 Ye Oct
155
Sep
Mar
101
Jan
34
263/4 Mar 2
123/e Feb 11
Oct
21 Ye
RR
27
»23 Yz
preferred
conv
25Ya
2
com
2nd preferred—
$4
25
•165
Crucible Steel of Amer com__No par
*■'
22
Corp
24
2.50
preferred
$4.20
2,400
16
18
49
lOYe
87
1
preferred
6
103 Y4
15,200
16%
56
16%
54
•89
100
-
America
of
40.300
603%
61
16 3%
22'%
■vd
22 Yz
62Ye
83%
Ye
58
16%
20'%
49
Yz
Shares
7 Ye
8 Ye
8 3%
58'%
16
CLOSED
54 Yz
19 Ye
•86
25
common
preferred
Cream of Wheat Corp (The)
Crown Cork & Seal com
46Ya Mar
5
Oct
8
34 Ye Jun
22
25
Co
33/4%
27
26 Ye May
5
Inc
*533%
103/4
•53 Yz
25
100
1
1
Coty International Corp—.
94 Ye Aug 31
Oct
22 Ya
5Y4 Jan
29
Feb
Mar
107
7%
Mar 19
177
20
2 Vi Aug
9
3 Yz Sep
Jan
26'% May
18
164 Ya Oct
Jan
4%
Apr 30
59
Jan
Aug
8Y»
48
•22
100
100
Products
20
10 3/4
l
preferred
pfd 3Yz% ser of 1947
Refining com
preferred
Cum
28
48%
Exchange Bank & Tr Co
20
Corning Glass Works common____5
3 Yz %
29
28
19 Ye
Corn
Corn
17'%
54 Yz
83%
8
57
STOCK
61 Ye
17
for
the Week
$ per share
$ per share
share
Sales
Nov. 5
Nov. 4
Nov. 3
$ per
Friday
Thursday
Wednesday
EXCHANGE
61
17
•28%
•533/4
50
series
Cornell Dubilier Electric Corp
15
14
15
973/4 July
1
98
July 21
663/4 Mar 24
3
105%
195
pref 5%
share
8 Ye
8 Ye
83%
62
62
•16 Ye
Cooper-Bessemer Corp common
5
$3 prior preferred
No par
Copperweld Steel Co common
5
Convertible
23 3% Oct
5
18 Ye
Dec
4%
Feb
Feb
32%
8 Ye
5
—14
15Ya Jun
13
Dec
1
49
3
51%
18 Y2
22
NOV
Delaware—
Corp
% per
1 per share
I per share
1
of
57 Y4 July
12 Y2 May
Dec
14
9
19 Ya Mar
Dec
44
Apr
x49Ye Mar 17
Jun
12 Yo
share
27
6
Dec
12 V2
8 per
share
Feb
46% Feb
Feb
Apr
6 Ye
35
Nov. 'A
Nov. I
Oct. 30
Par
Tuesday
Monday
Saturday
EXCHANGE
Highest
Lowest
Highest
STOCK
NEW YORK
Range since Jan. 1
Year 1947
I per thare
Monday, November 8, 1948
RECORD
STOCK
YORK
CHRONICLE
STOCKS
Range for Previous
Lowest
FINANCIAL
&
COMMERCIAL
THE
(1912)
28%
5,400
5,100
D
90 Y<
Nov
14% May
Dana
10
8
94 Ya Jun
24
9
25
Feb
15
303/8 Jun
203/4 Jan
2
283/4 July 14
313/4 Aug
4
17 Ye Jan
6
Corp
1
23
23
100
*85
87
Davega Stores Corp common
2.50
5% conv preferred
20
Davison Chemical Corp (The)
1
Dayton Pwr & Light common.:
7
16
16
♦16
17
23
23
31 %
33% Yo
:
common
series A
pfd
*16
21%
*85
87
*85
66'%
85
85
16'%
16 Ye
20 3%
87
*85
*15'%
17
16
16
16
16
16
16
15 Ye
15%
*15'%
21%
21%
22'%
22%
217%
22 Yz
1,500
29'%
29 Ye
29 Ye
30 Ye
28
293%
4,800
86'%
86 Ya
86'%
85
85'%
16 Ya.'
16 Ye
Jan
24%
Oct
18 Ye Feb
14
23
23'%
24
Dec
35 Yi
Jan
24Ye Feb
25
31'%
31
31%
82%
Dec
Jan
2
94
Jun
17
Preferred
3.75 %
series
A
100
*85
86'%
*85
86'%
*86
84
Dec
Sep 27
9 Ya Sep
7
94
Jun
10
Preferred
3.75%
series
B
100
*84
84%
84'%
84
84
101% July
101 Ya July
12%
Sep
23 Ya
Feb
11
Sep
20%
Feb
33
Aug
4 5 Ye
Oct
31
May
46 Ye
Oct
Dec
38 '%
84
29%
32% May
8 Ye
Sep 24
5
133/4 Jan
Dayton
9
15% Jan
Decca
29 Y4 Sep
27
42
Jun
15
33
13
46 Ye Jan
2
Feb
Sep
29'% Feb
34 Ya May
24
45 Yi Mar
38 Yi Jan
20
50 Ya Jun
24
.
5
50c
10
10
93%
8 Ye
9'%
9 Ye
1
33
33
*33'%
333%
31%
32'%
323%
33
31
32
16,700
2,200
37%
37 Ye
37'%
38 3%
35 Ye
36'%
367/e
38
353%
37%
18,400
31%
31 Yz
31 Ye
31 Ye
31 Ye
31%
31%
31 Yz
473%.
44'%
45'%
45
45 Yz
44
45
Co
common
20
&
10Ve
Feb
73/e Feb
11
19 Ye
Dec
143/4 Feb
11
393/4 July 15
Escrow
ctfs
Dec
32 »% Mar 16
58
Escrow
ctfs
for
20%
Dec
27 Ya Mar
20
Apr
59
Aug
62
58-
Denver & Rio Grande
Oct
July
28'%
29 Ye
29 Ye
30
26
29%
503%
47
48
48 Yz
49
45
48
20%
21
20 Yz
20Ve
20 Yz
20 3%
20Ye
20Ya
64
*58 Yz
*58
64
*11%
12
Oct
22 Ye Mar 18
263/i Oct; 23
12 Ye
Aug 25
16Ya
20% May
31 Ye
Feb
22
Nov
28 Ya Jun
35 Ya
47
Jan
35 Ye Mar 12
50
Jan
38
Feb
13
24 Ye
Feb
13
Nov
3
193/4 May 26
18 Yi
Jan
13
Mar 17
xl93% May 21
3
48
46
Jan'
Jun
10
2
10
Ya July 29
Edison
Detroit
De
Devoe
&
6%
Match
Distill
19 Ye
Oct
14% Mar 12
20 Ya Oct
May
40 Yz
Sep
26% Sep
28
41
Jun
2
May
55Y4
Oct
47
Oct
19
56
Apr
21
34
Feb
12 3/4 Nov
3
23
Jan
5
*39 Ya
Oct
29
Feb
13
40
Jun
16
Doehler-Jarvis
Nov 1
12
5
19
Feb
24
Dome Mines
Jan
47 Yz Jan
2
67 Ye Apt
15
Douglas Aircraft
Ye July
32 Ye Feb
20
50 Ya Oct
22
Dow
98%
Dec
114Ya
Feb
97
Feb
6
106Y3 Jun
15
•91Ya
Dec
104 Yi
Oct
90
Feb
13
106 Ye Oct
22
443%
443%
*44 Ye
45'%
44'%
443%
443/8
44'%
443%
14 Ye
14'%
14 Ye
14'%
13
13'%.
137/a
13%
13
13'%
2
16%
16'%
16'%
163%
14'%
16
16 Yz
17
15'%
17
*17%
*30
31
49
»
23
$4 preferred series A
Nov
12 Yz Mar 11
18
July
July
Dec
129 Ye
92%
Dec
107 '%
Aug
Sep
115 Ya Jun
19 Ye Mar
6
Mar 18
164
113 Ye Jan
28
Feb
11
94
lllYz Aug 24
123/e Oct
1
31 Ya Jun
188 Ye
124 Ya jun
21
9
Duplan
Preferred
3
Preferred
Jun
22
153/e Jan
2
; 33 Yz
6,300
I per share
t per share
I per share
19 Ya Sep 20
13 Ye Oct 11
19 Ye
Jan
25Y4 Aug
16
Nov
24 Yi
Apr
17
Nov
5
Jan
14% Nov
5
48Ye July
3 8 Ye Feb
10
51
13
13 Ya
12 Yz
12Y4
123/i
12%
12
543/4
553/4
54%
54
Yz
54 Yz
55 y4
53 Yz
54 Vz
3,800
49%
46Ye
47'%
487/e
493%
46 Ye
49 y4
15,800
$3.50
25 Ye
May 27
20% May 18
19 Yz Nov
1
223/4 Jan
8
463/8 May 15
Dec
198 Ya
Oct
57%
Dec
47 y4 Feb
28
Dec
25 Ya
Feb
16'% Nov
3
19 Ye
88
Dec
8
92YjJun
1
5
lBVaJan
2
Feb
Feb
157
82
Sep 27
Mar
123/e Nov
lllYz
Feb
4% May
8 Ye
Feb
50 Ye May
10 Ye May
65 %
Feb
16 Ye
33Ye May
39 Ya
3Ye
Jan
lYe Feb
11
19 3%
Feb
13 Ye Feb
11
2
Dec
171
Dec
156 Ye
Jan
57Ye
98:
175
Jun
26
May 17
6%
4'%%
Ekco
Jun
1
13
16 Yz Oct
21
Electric Boat
19
373/4 Jun
10
Convertible
4 Yz %
12
24
56
2
Ye May 24
23YeJuly
7
Electric
Elec
&
Mus
Ind
49% Feb
10
563/4 Jan
9
Jan
6
Sep 28
Aug 19
Ye Jun 14
$6
Emerson
Electric
Emerson
Radio
x293/4 Jan
97
22
34
104
Feb
27
3%
Dec
4 Ye
Dec
4 Ye Jan
5
8Ya
Dec
12Ya
Feb
9 Ye Feb
11
50Ya Feb
11
59
Feb
Jan
Dec
13 Ya
Aug
footnotes
see
page
Sep 14
4Ye Oct
12% Nov
31
3
7% Mar 17
35 V2 Nov
5
24.
Sep
16 Ye
5
13
Aug 27
Jan
8
jun 10
6Yz Nov
4
Shares
21%
217/a
20'%
21 Ye
4,900
15 Ye
157/a
14 Yz
15Ya
16,800
17Y4
18
17
17 Ye
43 Ye
*159
17%
43 Ye
44 V4
68'%
683/8
ELECTION
DAY
161
*159
161
683/8
69 y4
*98
"
153%
163%
14 Ya
15 Ye
4,000
42 Ye
42Ye
44'%
41 Ya
43 V2
19,900
*159
x64Yz
*6Y4
46%
15%
*34
17
17
16 Ye
91
<90
90
*89'%
13 Ye
13
13 Yz
100
7
12 Yz
*98
100
*98
7
7%
1%
6'%
443/e
22Ya
*160
68
64
16 Ye
16 Yz
91
12Ya
100
6 Vb
46
10
160
160
161
65
60
65%
4.800
16 3%
-
16 Ya
16Ya
2,200
91
89'%
89%
60
12 Yz
123%
123%
133%
3,100
98
98
*89 Yz
6 3%
45 Yz
7 Ye
1.800
45'%
6'%
42
46
10
100
*96
C3%
7,400
4.600
'%
47
16
14 Vz
143/4
15Ya
137%
15'%
35
34 Ye
34'%
*34 Yz
343%
34%
34%
lYe
1Y4
13%
13%
1%
13%
3,500
21 Ye
21 Ye
21%
19 Ye
21 Ye
33,000
46
16
16
22%
161
*34'%
467/e
34 '%
13%
1,700
15 Ye
41
17
17
*13
<
15'%
17 Yz
43%
20 y4
1Y4
1 Ye
227/e
23'%
*158Ys
163
*160
147
*142
160
*158
143
*138
144
156 Yz
50 Ye
50
433%
14%
15 Ye
15'%
15
15
22%
22%
23 Ye
20'%
22
62
62
59
60
50
15 Ye
14 Ya
25
21'/4
4 65
67
*65'%
67
*55
63
50
46
46
*45
47%
*43
47'%
68
69'%
'
67
100
900
1,000
Ye
4,800
600
45
45
47'%
*45
68
200
100
144
*138
493%
49 Yz
.
156'%
164
143
147
51
15
*158
165
*142'%
20
50
Ye
200
70
2,100
15%
4,800
71
70%
70 Ye
16 y2
16%
76'%
143/4
143%
143%
12%
12%
12%
123/4
11 Ye
11%
12
12'%
ll'/a
12 Ye
3.400
*15%
15%
*15%
157/e
15 Ye
15 Ye
15'%
15'%
15'%
15%
1.000
*31%
32'%
*31%
32'%
31
31
*30 Ye
32
30 Ye
30 Ye
99
99
99 Ye
99 Ya
97
98
Gas
Mfg Co
&
Endicott Johnson Corp
4% preferred
Equitable Office
Eureka Williams
Evans
May
share
*69%
14
RR
5%
common—25
100
Bldg
Products
Eversharp
3
Ex-Cell-O
6
100.
6
*99
6
100
■
6%
15'%
15 Y4
15%
153/e
100
61 Yt
61 '/4
61'%
61%
50
*61Y4
66'%
*61 y4
66'%
Corp—
5
*5%
53/8
*5 Ye
53%
Co
5
*13 V4
14'%
1
9'%
9'%
Inc
Corp—_;
Exchange Buffet
*99
1
No par
common
preferred series A
Pittsburgh RR Co__:
&
5
7Yz Mar 30
I per
J per share
*16 Ye
Erie
11 Ye Jan
the Week
4
Erie
20 Yz May 17
Sales
3
14
49 Ye
Nov. 4
Phonograph
5
Empire District Electric Co
.__lo
16 Yz July 12
653/4 July 15
Jan
t per share
for
Friday
Nov. 5
Thursday
677/b
Natural
68 Yz Apr
9
Nov. 3
14%
24'%
6
2
I per share
Wednesday
18
15 Ye
9
400
21 Ye
24%
conv preferred
preferred
127/e
13%
14
15 y4
Paso
220
12%
*12%
18
24%
5%
114 '%
STOCK
15
5'%%
114 Yi
CLOSED
10
El
114
EXCHANGE
15
743/4 Jun 14
800
114
19'%
Elliott
common
500
97 y4
16%
Elgin National Watch Co
Co
178
118 «/e
96 Y<
22 '%
17Yz
*17
*90
No par
173
118%
97
15%
15%
1
.5
179
119
96
22%
217/8
2.50
1
177
,
19%
2l7/8
*153/4
51
July
12% Jan
'
Nov. 2
I per share
I per share
12%
400
AND HIGH SALE PRICES
Tuesday
Nov. 1
114%
123/4
123%
Monday
51 Yz
15YzJuly
xfiYe
12 y4
13'%
114 Yz
115
115
96
100
90
*87
♦118
177
119
96
96%
*96 Yz
96Yb
115
*51
20 Ye
Oct
119
No par
11
9-% Mar 18
4
shares
preferred
Electric Storage Battery
27
100
3
26
17
5
10
No par
21
14
Sep 28
2iY8 Sep 28
174 Yz
1813/4
118
Saturday
100
Oct
12 Yz Feb
Feb
*12%
100
Oct
Dec
50 Ye
5
common
147
17
24%
*96Y2
*U4Yz
180Ya
118YT
14 Y«
15
*117 Ye
180Y8
1803/8
*117V2
—100
common
166
6
25 Ye
8.400
Co
11
3
Nov
1,700
Corp
10
Oct
May
14
Electric Power & Light com__No par
$7 preferred
No par
Jun
10 Y4
137/e
common—
Amer
49
32 Ye
14%
14Y4
-
k
76
Feb
*14 Ye
preferred
13
Mar
13 Yz
143/4
1
Feb
45
13 Ye
13Yz
15
common
55 Ye Feb
85
15
14 Yz
Nut Co
Auto-Lite (The)
Oct
67
90
*13%
Stop
59 Y4
63
*87
13%
Oct. 30
123 Ya Feb
139
58 Y8
47% May
22 Ye
90
preferred
Elastic
3,600
10,700
13Y4
preferred
Feb
Jan
8 Ye Jun
22 Y4
22 Ye
400
lOOYe
103
22 Ye
20
90
...
Products Co
11
106
Co
Manufacturing
3 2 Ye Feb
Mar
993/8
23%
235/8
10
Edison Bros Stores Inc
Feb
107
*99Yz
103 Yz
213/4
No par
preferred
Eaton
Jan
Apr
100 Yz
102 3/4
15 y4
Inc
Kodak
5
38
lOOYe
101
LOW
Stainless Steel
5
Jan
100
100
91
10
Eastern
Eastman
17
19Ya
100
105
24%
Co
Airlines
Nov
24Ye Mar
104 Ya
*14
Corp common
Sep
Oct_
100 Ye
*100
*90
STOCK
Eastern
5 Ye Jan
Feb
49%
49Ye
4,200
15
No par
series
Eastern
17
69Y4 Oct
Eagle-Picher
12 Ye
1
.
91
235/e
Par
42
July
54%
*90
t per share
18 Ye
27 Yz
52'%
EXCHANGE
42 Y4 May
109
series
$4.50
120
133/8
333/4
No par
;
NEW YORK
Lowest
For
32 Yt
33
*14Y4
100
Duquesne Light 5% 1st pfd
DWG Cigar Corp—
Range since Jan. 1
Highest
Highest
Nov
1,500
34 Yz
123/4
STOCKS
Year 1947
7% May
17Y4 Dec
13
1
50c
preferred
Corp
17
99 Ye Jun
116
conv
International
Range for Previous
Lowest
27 Ye May
102
May
127/e
32
49 y4
Du Pont de Nem (E I) & Co com„20
197
115Y4
Dec
13Y4
*13
13 Yz
104 Y2
17 Ye
11 Ye
1,400
49
16
36 Yz
100Y2
14%
46% May
9Yi May
29 Yz
49
16%
13 y4
*100
33/4%
Dec
27 Ye
49 Yz
16
353/4
*104
Dunhill
15 Ya
3,600
31
49 Yz
13%
No par
July 16
47
16 Ye
30
49
36 Ye
No par
$3.25 2nd preferred
Dresser Industries common
May 15
May 20
135 Ya
16%
30
*13
'
15;
98
145
16
30
13
l3Ye
-—No par
common
1,400
33,400
*36
__No par
:
—
Co
45
48%
18
*49
5
Ltd
Chemical
800
31
31
49
600
49 Yz
17 Yz
17 Yz
—No par
—No par
2,900
1,500
25
20
Sep
11Y4 May
.
12
2
Dec
1,500
41Yz
11
15 Ye Aug
42
41%
42
Jan
104
40 3%
423%
23'%
42%
Jan
163
42
Ye
22%
12Y2 Feb
Dec
42
22 Yb
21
May
2,300
22
83
14 Y4
22
23
Feb
42 Yz
22
13
Feb
Dec
22 Ye
12 3%
Dec
14
22'%
13'%
19
110% Sep
123%
13'%
98Y4
May
12'%
*243%
133%
10 Ya May
173
13'%
253%
'
'
Jun
76
42
Nov
*12%
*243%
*13
No par
21 Ya
Dec
23%
23'%
42%
Corp
Sep
May
11%
23%
Ya
Co
Pepper Co
36 Ye
14
11'%
24
12.50
Corp
45 Yi May
80
11
24
Ltd
Car
Dixie Cup Co common
Class A
Dr.
11%
23
preferred
Motor
T
Corp-Seagrams
Divco
11%
23 Yz
1
partic
Diamond
64
11 Ye
25 3%
No par
common
64
*58'%
58 Yz
11 Ye
1
Corp
Raynolds class A
Diamond
*
65
8,900
4,600
12,500
11%
*59
5
Steel
25
19
1
Vilbiss Co
49
Dec
32 Ye
50
20%
Detroit-Michigan Stove Co
Jan
19 Ye
32
50%
203%
Detroit Hillsdale & S W RR Co__ 100
26 %
28% May
16 Y4 May
32'%
503%
60YaJan
22
Dec
32'%
100
6
Oct
15 Ye
100
21,600
West RR
com
pfd
11
Jan
17% Dec
11% May
9%
Jan
9
800
1,700
10 Ye
11 Ye
lOYe Feb
May,24
9%
10 Ye
103%
Detroit
13 Ya
9%
10
103%
9
17 Ya
42 Ya
♦47
10%
July 15
213/4 May 17
16
Apr
NOV
48
934
8%
93%
50
Western
for
44Yi
Y»
31%
*47
10
20
Lack
6% May
25% May
13 Ye
♦31
100
preferred
Delaware
♦103%
No par
:
Delaware & Hudson
5% May
10 Yz May
2,900
50c
13 Ye
July 12
70
100
85 Yz
11
10
11 Ye
11 Ye
11 Ye
10'%
*84'%
85'%
200
Inc
&
1%
11
10 Ye
11
*84
84
10
400
Ye
Rubber Co
Records
Deep Rock Oil Corp
Deere
84'%
16
Corp
3
2.50
*40
*5'%
40'%
5%
13%
9%
40
5 Yz
13%
9%
40
5%
5 Ye
13
59 Ye
*61
5'%
12%
57/e
14 Ya
-
6
14 Ya
59 Ye
593%
66'%
*61 Yz
5'%
5'/a
13'%
13 Yz
15 Ya
-6%
15
59 Ye
66
5 Ye
13%
14
32.200
13 Ya
14%
40,400
59
5934
1,300
*61 %
66 %
5Ya
5 Ye
1,500
13 Va
1,200
9'%
9,100
13
8 Ye
8'%
8%
9'%
8%
38'%
38%
39 Yz
35 Yz
*51/4
5Yz
5
70
6'%
38»/e
5
600
5 Va
5
39
1,900
5
500
Volume
168
Number 4749
COMMERCIAL
THE
Range for Previous
&
FINANCIAL
CHRONICLE
STOCKS
Year 1947
Range since Jan. 1
Lowest
Highest
4 per share
$ per share
Lowest
$ per share
LOW
STOCK
NEW YORK
Saturday
EXCHANGE
Highest
Monday
Oct. 30
Par
$ per share
Wednesday
Nov. 3
Nov. %
9 per share
17
SALE PRICES
HIGH
Tuesday
Nov. I
I per thare
AND
(1913)
Thursday
Friday
Nov. 4
for
Sales
Nov. 5
the Week
9 per share
t per share
44
$ per share
$ per share
45
42
31%
29%
30%
28
26
26
Shares
F
44
May
60
Jan
Jan
40% Mar
9
54% Jun
10
Fairbanks
31%
Feb
26% Mar 17
33 y4 Oct
28
Fajardo Sugar Co of Porto Rico__20
20
25%
14
28% Oct
29
Falstafl
4
11% Jun
16
Farnsworth
16
Oct
23
Fedders-Qulgan Corp
Jun
3
May
11%
32
~9%
Feb
Dec
14%
Dec
Apr
5y4 Mar
Feb
11
20
11
May
16%
42% Mar
35% Feb
Dec
23% July
16
9 3b May
14 Va
Mar 11
Feb
7 Va Nov
5
28% July
20% Feb
10
19
Apr
91 {'2
Dec
107%
Jun
90
Feb
9
20
Dec
26%
Feb
20
Feb
10
20»4 May
26 %
Jan
18% Mar 17
59 %
Feb
53% Feb
28
61
Feb
43
Feb
11
107% Aug
62% Dec
104
Feb
14
46% May
42 %
104
Jun
Sep
5lVz May
14 V2 May
21%
49% Mar 16
Morse
&
Brewing
No par
Co
39 y2
40
38
39
18%
17%
18
17%
18
7%
7%
26%
26 Va
24% Sep
26yaJun
7
Felt
9
Ferro Enamel Corp
No par
Tarrant
&
69% Oct
26
Fidelity Phen Fire Ins N. Y
Jun
29
Firestone
7
4% %
Tire
Rubber
&
May
24
Aug
6
12
12% May 24
47% Jun 14
32% Nov
5
89
3
105
Jun
85% Oct
27
Sep
27
1,100
*23%
24%
24
22
22%
22%
22%
22
22 %
800
10
Carpet Co
67
Power
Steel
Machinery &
conv pfd
22
Mar 16
11
Oct
16% May 21
Francisco
10
6%
17%
18%
19%
19%
18%
19
30%
31%
32
33
31%
32%
100
♦97%
32%
100
32%
*97%
98%
32%
32%
31%
32%
1,100
14%
14 y4
14%
14%
14%
14%
14V4
3,900
♦14%
29%
11%
11%
34%
36
94
*93 Va
94%
85%
85%
*85%
86%
32%
32%
32%
32%
*23%
24%
*23%
24%
No par
1
11%
11%
♦11
12
50%
Feb
22
Jan
10
12% May 18
Froedtert Grain & Malting Co Inc_l
11%
11%
*11%
11%
39
Jan
17% Mar 12
24% Jan
5
Fruehauf Trailer
1
24%
24 %
24%
77
Dec
74
84
4
100
*77%
103% Mar
Sep 28
Aug
Freeport
4%
Sulphur Co
47
10
Co
common
preferred
47
79%'
14
13
21 Vb
25%
13%
1,200
27%
»
12,200
2,400
4,200
10%
10%
34%
33%
34%
32%
33i/2
92%
91%
91%
91 y8
91'/a
70
85%
85%
85%
85%
85%
85%
280
29
30
30
30 Vb
26%
301/a
3,900
24%
23%
23%
*23%
11
11
11%
11%
11%
8%
8%
8%
44%
46 %
10%
*23%
11
8%
8%
47 V*
*78
13%
27%
33%
8%
47
14
27 '
♦91
24%
22
8%
9
100
99
14
"
11 %
35
94
*98
25
14%
29%
'
Dec
47% Oct
3,200
10,600
.
34 y4
18%
18
800
55%
98%
36% May
11% Nov
Feb
54
14%
14%
*8%
56
33%
8% Aug
9
35% Feb 13
May 15
*55
98%
*29% '<29%
*34%
Sugar Co
5,200
34
♦14
prior preferred
2,300
47%
104%
19%
*11
Franklin Stores Corp
66
45%
19%
25
Jan
25% Jan
55
64
*104%
47
105%
33%
common—10
Corp
66%
*104%
19%
Corp__10
100
_100
preferred
Foster-Wheeler
38% May 21
25% Jan
5
65%
45%
105 ya
27%
34
34%
14%
1
46
-
7%
55
♦33%
—:
Chem
45
♦104%
7'/a
56
♦14%
No par
67%
66
6.7%
49%
105
7%
56
55
♦98%
Corp—i—J——10
3%%
3%%
55
>104ya
7%
Food Fair Stores Inc
Food
49%
49
104%
No par
Corp
Florsheim Shoe class A
Follansbee
67%
67%
49
>104%
No par
preferred
$4
13
24% Feb
(The)
Flintkote Co
21
90
130
22%
♦33 %
18
21% Jan
92%
22%
♦19%
Florida
40% Jan
92 »/2
22%
100
Florence Stove Co
5
93
22%
No par
15% Jun
11
92%
23%
(The) common—No par
May 27
36% May 26
Nov
93%
22 %
Firth
7
23% Feb
*92%
23%
No par
X104
24
27
93%
23%
First National Stores
21
14
28
*92%
23 %
27%
25
com
preferred
26
9
42% Jun
27%
93%
*22%
-1
Mfg Co
53
20% Aug
27%
*92%
—5
Dept Stores com—No par
preferred
100
4%%
107% Jun
59% July 12
27%
7%
25%
Federated
Feb
29
1,300
1,900
1,400
4,500
39
97% Oct
26%
7,500
17%
13% Feb
23% May
12% May
29,700
39
30
Dec
6%
15 y4
8
Jan
32%
5%
14%
19
Jan
May
6%
15%
40%
17%
19%
6
15
8
41%
Feb
600
6%
15 %
6
19
Dec
9 Vb Mar 17
DAY
600
3,400
14%
40 %
May
Feb
ELECTION
8
13
July
6%
15%
19
30
—
6%
15%
40
27
15%
6%
15%
42
*18%
*7%
20
110
■*
6%
'
*39
30
Dec
*26
5
14% Feb
May
31
28
2
Oct
9
31
27
15%
1
Motor Truck—
Feb
91
45
31
CLOSED
Federal
Jan
—
*44
EXCHANGE
28 Va
28
Federal-Mogul Corp
39%
13
STOCK
32%
%
*45%
Federal. Mining & Smelting Co
110y4
Dec
46%
x32%
-
ya May 18
31% May 14
99% Jun 15
Dec
40%
28%
12
43
May
Jan
32%
20 y4 May 22
99
14%
46%
32'/2
♦27%
1
Televis'n & Rad Corp__l
24
Sep
*45%
Corp
45
44%
;
"
8%
45
10%
10%
Vb
.
46%
11%
11%
11%
12
22%
22%
23
20%
*
*76%
*76
79%
78
*
2,000
1,100
5,700
400
12
22%
10,600
'
76%
79%
20
24
*11%
21%
10%
20
*
76%
G
8%
Dec
17%
Feb
5% May
18'% Jun
10%
Oct
21
Jan
6% Sep 21
6% Sep 27
17% Sep 23
10% Sep 27
41% Nov
12% May
14% May
17% Feb
9%
Feb
30
Jan
5
Dec
18% Feb
13
Oct
11% Feb
13
Jan
58%
102
Oct
Dec
13%
185
Dec
Oct
Dec
Feb
July
18%
Jan
14%
Feb
Gair Co Inc
20
Jan
17% July 21
Gamewell
23% Jun
Gardner-Denver
99% Mar 24
47
Nov
5
100% Jan
6
8% Feb
16
28
146
Apr
1
9% Mar 17
9% May 20
*1021/2
103%
50
49%
49%
103
1
General Bronze
11% July 13
Jun
14% May
Dec
160
Jan
Jan
28
39%
Feb
10
31% Mar 11
144
May
34% Dec
45%
Jan
34 '
Aug
88% Nov
9
Mar 19
3
Mar 13
40% Feb
13
118% Feb
7%
—50
1.66%
General American Investors com—1
$4.50 preferred
General
General Cable
21
4%
44% July 15
4%
1st
13%
(
Dec
/ 19% Jan
-<
15
*14%
300
15
1%
preferred
General
Electric
41
Jun
General
96
Jun
2
13% Jun -17
General Instrument
25
25
128% Jun
2
5%
10
108
Jun
3
3%%
Jan. 1
53
General Mills
Lowest
I per share
50% Mar 16
119
NEW
66
7
1
125% Jun
17
99% Jun
v
1
14
12% Mar 17
17% Jun
20%
Dec
16% Feb
11
25% Oct
Feb
13% Sep
2% Feb
28
18% May 27
4% May 21
2% May
11% Dec
4%
Feb
16%
Jan
11% Jan
22
19
May
31%
Feb
20% Nov
5
125
Oct
13
.
15% Jun
29
Motors
Preferred
Outdoor
10
Gen
25
General
24
Gen
Public
102
30
48
2,200
9%
♦157
159
48%
*101%
10
103
9%
11%
11%
*
.
9%'
*157
159
11%
11%
47
<
105
4,400
10
159
11%
—
11%
2,100
10%
25,000
10%
76'%
76%
32
32
30 %
76% '
31%
20
20
18%
191/2
19
19%
19%
19%
127
127
*126%
127%
127
127
126%
126%
140
41
38%
38%
40%
58,700
8,000
127%
42%
42%
40%
*88%
9
42 Vb
42%
391/4
40 >/a
40%
40'%
*381/8
40
40%
39
38Va
*87%
'
92
*88%
92
v
88%
.
88%
9%
*74
39%
90
10
10%
9%
10
9%
51%
47%
50
49'%
'
*120
121
*120
121
*101%
105
*103
104
119
♦100%
120
120
103
*1001%
4,300
4,200
121
102
50
102
*119%
120
100
10
50
49
105
900
92
9%
51
250
1,300
.
39%
*88
10
50%
100
200
LOW AND HIGH SALE PRICES
STOCK
Monday
Saturday
Nov. 1
Oct. 80
10
95 %
15%.
15%
——10c
*3%
Corp
Wednesday
95%
*15
15%
25
25%
15%
61
♦120%
STOCK
*94%
3%
3%
4
13
13%
13%
13%
23
23
23
23%
*120
123
63
63
121
$ per share
.
95%
Sales
the Week
EXCHANGE./'
CLOSED
.
ELECTION
DAY
,■
Shares
S per share
63%
60%
63%
120%
120%
120%
120%
94%
95%
95 %
95%
14%
14%
14%
14%
14%..
14%
22%.
24%
23%
23%
23
13%
14%
14%
88,600
<1,400
<
2,100
23%
13%
15%
—_5
$ per share
12
12%
3 %
12%
12%
21%
22%
21%
22%
3%
3%
for
Friday
Nov. 5
Thursday
Nov. 4
Nov. 3
Nov. 2
121
94%
15%
;
No par
(
25%
*15
25
120
120%
*95
Tuesday
$ per share
66
65 Vb
65%
65
120%
(
Advertising—No par
Cement Co
1H
Equip Corp
t per share
9 per share
—No par
series—a_No par
Utilities
101%
104
10
9%
Public Service
Gen
10
9%
•157
48
♦lOl'/a
10%
;
Portland
Gen Precision
105
500
3,600
5,000
30%
50%
Corp com
$3.75
16
76%
100
preferred
$5
191/8
15%
30'/a
v-
Par
General
33
18%
161/2
75%
20
EXCHANGE
Nov
Oct
32%
19%
11%
9%
$ per share
93 % Feb
33%
34%
50%
preferred
YORK
10,200
76%
No par
preferred
Highest
900
6%
11
34%
Corp__—— 1
common
conv
17%
6%
*74
35
*126%
Corp com—No par
$3.50 preferred——i
i—No par
*102
49%
*101%
11%
*33
104
48%
*
10%
*19%
Foods
8
171/2
6%
75%
75%
No par
Co
34
*
*102
<
158i/2
11%
*33
100
May 27
11 Va
11%
11%
100
—50
General Cigar Co Inc com—No par
43
26
».
No par
com
9%
158%
STOCKS
Highest
i3% May
18% Oct.
Corp.
105
11%
10
11%
2nd preferred
*101%
158%
10
*157
5
Corp
preferred
conv
Oct
Feb
Amer
.
Range since
97
Year 1947
Sep
.
1,000
1,100
'
4%% conv preferred
Gaylord Container Corp
Range for Previous
Feb
171%
6%
103%
32
Mar
6%
*49%
137
65%
*14'%
17%
6%
*101%
2
129
15%
17%
'
*102%
Jan
107%
Xl5
18%
—100
Transportation
5
24
t
16
*18
$4.25 pfd series A_
—No par
General Baking Co common
5
$8 preferred
——No par
24
Dec
*15%
18
18
com— 1
30
May 12
18% Sep
126% Sep
Dec
16%
No par
Inc
16%
Feb
9
Co
Industries
19%
63% May 15
159
Wood
3
105% Jun
106
Gar
16
33
Jan
42%
*15%
900
10%
41%
19%
Dec
94
10%
43'/4
15%
23%
51%
10%
42%
19
July 14
120%
101%
43
*32
Jun
$ per share
10%
*41%
17%
15
f per share
10%
43%
20%
82
Lowest
10%
42%
17%
3
Feb
10%
42%
35%
3
xl22
10%
*42%
20
23
Dec
*10%
No par
(The)
3,700
8,800
71/4
18%
—5
35%
Nov
Dec
6%
*17%
17 Va
72% Sep
100
7%
71/4
18i/4
36%
30% Nov
123
7
7%
18
20%
Feb
16% Mar
71/8
7
7
17%
17 %
47%
54% July
131% Feb
'
*19%
May 20
26% May 4
18% May 15
83% July
103
7%
7
6%
17%
!•
*34%
45
Sep
Dec
7%
17%
7%
Apr
Dec
7%
17%
71/8
May
May
Co
7%
7%
7%
18%
7%
—50
com
preferred
conv
7%
*18
_1
7%
8
10 %
5%
*7%
_20
com
preferred
Gamble-Skogmo Inc
37
43
—1
(Robert)
12
Aug 19
48% Aug 19
71
87
6%
5
(The)
*
109
Dec
11
11
16
Apr
149 y4
3
5% Feb
43%
Nov
Gabriel Co
10% May 22
'
17% Nov
Feb
23%
10% May
48
27
Dec
9%
14 % May
X101
12% Feb
22%
4% July
26% Aug
100
5
10% May 21
3%
\
J
**13%
\
'
;
.
.
14%
3,500
3%
3%
11%
12%
20%
21%
A
/900
,4,200
9,400
-
29,400
2,000
3% May
18% May
6%
Feb
Gen Realty & Utilities
-No par
-100
10c
5%
5%
5%
5 %
5%
5%
5 %
4%
4%
6,400
29%
Oct
22% Feb
11
30% Jun
14
General
-No par
28%
28 %
28%
28%
26%
26%
26 Va
26%
25%
26%
4,100
26
25
Feb
13
31% Jan
12
General Shoe Corp
1
*26%
27
27
27%
26
26
25%
25%
25%
25%
110% Feb
13
132% Oct
23
Gen
129%
129%
25 Va
25%
'*26%
27%
15
$6 pfd—No par
Telephone Corp—
20
Gen Time Instr Corp com—No par
4%% preferred—
100
17
Gen Tire & Rubber Co
140
Feb
May
36%
Jan
101%
Apr
124%
Jan
26%
Dec
35%
Jan
19%
Apr
30
Feb
Dec
106
95
21% May
85
Dec
Nov
81
120
Sep 15
4% Mar 11
23% Aug 11
22% Feb 11
Apr
Feb
98 % Apr
22
Aug 11
Jan
40%
108
80
Nov
3
72% Jan
2
May 18
128% Jan
29
6% May 24
29% May 18
30 % May
6
101% Oct
30
90
Jun
Gen Railway 8ignal com
6%
preferred
Refractories
Steel Castings
General
May 12
4%%
23
82% May 19
3%%
Feb
23% May
36%
Dec
27% Feb
13
105%
Jan
90
Apr
17% Feb
26
39% May 21
96'% Jun
2
Gillette
Dec
14
25
Gimbel Brothers
79
Apr
30
85% Jun
20 Vb Sep
27
28
481/a Feb
27
90
17% May
30
Dec
103
85
22%
Dec
51% May
5% May
104%
Jun
Dec
21
49
Jun
99%
Dec
41%
Dec
95
Dec
13% May
3
May
5%
Dec
Feb
Jan
26%
Nov
58
Sep
7
Feb
4
124
Oct
113
Mar
1
Mar 10
May 15
May 18
53% July
6% Oct
122
Nov
33
Feb
18
71%
Feb
47'% Mar 16
July
941/4 Mar 11
Feb
38% Mar 17
103% Aug
50 Vb Oct
1051/4 Oct
106
61%
Nov
3
109
Aug
96% Mar 18
24
Jan
16% Feb
8%
Oct
8% Mar
—
11
31/2 Sep 27
5% Feb
17
3
6
28
1
24% May 17
64% Oct 26
23% Jun
11
23
4
14
$5
$4.50
41/2%
common
(The)
_
—
2
Grand
22
Granite
(The)
Oct
18
Feb
11
35
23%
Dec
24
Feb
16
31
May 26
Grant
90
Dec
107
Mar
90
Feb
26
99
Jun
15
9
May
14% Sep
2
Dec
12
Feb
9% Mar 16
29
Mar 27
17
Sep
12% Jan
19
34% May
49%
Feb
36 Vb Feb
11
20
27% Mar
Dec
133
Dec
59
May
29%
14%
9
27,
132
Feb
60
Aug
Dec
May \
May
July 14
27
Green
9
Green
21% Mar
13% Sep
24
17% May 17
12
10
5
13% May 17
—
95
Dec
91% Apr
16
18% Aug 11
5% Mar 9
85
98
Jun
4
25% July 12
9
Jun
14
Feb
7
14%
Feb
12% Feb
11
20% Jun
23
31% May
51
Dec
44
Feb
10
58% Jun
16
57%
Apr
76%
Dec
577/a Feb
10
81
21
13%
Dec
16%
Sep
14
6% May
For
footnotes
see
page
24.
Jan
2
No par
*79
22%
*50
*6%
100
*122
10
97
July 21
Jun
18% July
9
34
34%
90
90
20%-
20%
21%
19%
20%
80
79
79
20%
20%
80
*79
221/4
22%
22%
51
50
50
6%
124
6%
122
6%
122
*89
32%
91
120
120
*7%
*17%
3%
7%
18
101%
*99%
48%
49%
45%
101%
lOl'/a
3%
7%
*17%
4
*101
19%
100%
46
*120
1000%
46%
101%
1011%
19%
19%
19%
3%
'7%
3%
6%
17%
17%
xl7%
3%
100%
47%
lOl'/a
18
7%
123
13%
18%
60%
63
7
3%
7%
120
62
102
*101%
18%
3%
6%
101%
19% '
3%
7
500
29%
30%
31
31%
29
5
25%
25%
25%
25%
24%
25
24%
24%
24%
311/4
24%
100
*89%
90%
*89%
90%
90%
90%
30
com_—1
*12%
13%
*12%
13%
121/8
600
*36
38
*36
38
*89
11%
*34
90%
11%
*89
12
36
*35
90%
12%
36
11%
•35
14%
14%
14%
13%
14%
♦14%
14%
14
14%
48
49
44%
46
45%
46%
44
46
19%
19%
19%
19%
19%
19%
19%
19
19%
100
135 %
137%
*135%
137%
•135%
137%
*135%
137%
—
Bay & Western RR
(H L) Co Inc
100
*
*71
10
76
134
*71
135
50
76
36
1,900
36%
37
35%
15 %
15%
15 %
14%
14%
15%
15%
14%
14%
400
11%
11%
11%
10%
11%
11
11%
10%
11%
42,500
*93%
94%
*93%
94%
93%
93%
♦21
21%
21%
6%
21%
19%
20
6%
6%
6%
94%
94%
1
6 %
No par
•94%
Gulf Mobile & Ohio RR cora.No par
$5 preferred
No par
53%
25
74%
No par
*17%
Corp„
*71
36%
100
j.
76
35%
11%
Corp
*71
35
3
Sugar common
76-
36%
♦14%
preferred
*71
4,000
13,500
4,200
35%
Greenfield Tap & Die Corg„No par
Greyhound Corp (The) —
-
76
4,500
36
48
Oil
2,400
5,200
33%
pfd
No
com—No
Gulf States Utilities Co
24.900
33
—No par
preferred
300
2,500
17%
19%
conv
!:
300
12,300
33
Co common..
Aircraft
7,900
17
14
4%%
'
17%
47%
Guantanamo
<
46%
par
Grumman
j;
it;
it
33
-No par
a
70
2,000
102
45
:
3,000
f
120
60
par
Common
300
.
19 '/8
19
16 Vb
6%
94
93
93
20 %
20%
19
6'%
6%
*93%
50
20%
5,700
6%
6%
1,900
93 ¥a
93'/a
70
16%
16%
13%
14%
14'/a
15%
13%
14%
30,500
53%
53%
53%
51
51
51
51%
49%
51
75
74%
75 Va
70
72%
71%
72%
67%
72%
27.500
17%
17%
18
16%
17% -
17
17%
16%
17%
5,000
95
16%
*94%
95
♦93
94
'
100
7,500
21%
5%
100
3%
*
20%
50%
100
10
21%
5%
18%
20 '/a
12,700
80
50%
62
-
100
20%
6
18
20%
*78
91
51
60
201%
80
8,700
32%
6
64
102
19%
40
•
*50
19%
*101
21%
31
*90
20%
3,200
.
6
18%
48%
*78
33
91
24
51
63%
48%
20%
23%
5%
63
*100
32 »/2
*90
24%
*491/2
191/4
-
35%
Gulf
32
34%
91
63
*19
'
1
$5
1
24
preferred
7%
Jan
Feb
20%
25
Western Sugar
77
8% Jan
*89%
Gt Northern Iron Ore Prop—No par
40% Jun
105%
-••"34'
par •
Great
10
Feb
'
76
1
City Steel—
1,200
103
*72
Gt Northern Ry 6%
21
Dec
*101%
76
15% May 21
17
103
'♦72
50% May 15
145% Jun
*101%
*7-276
23% Jun
1
103
103
790
77
5
$2.25 conv pfd
Apr
29% Feb
--
78
Feb
Jan
70
Dec
a
5
35%
—
4
Nov
Oct
July
92
163%
19
40
♦101%
*101%
*26
♦74
__
3%% preferred
Grayson-Robinson Stores
Feb
26%
77
new
Jan
14%
26%
3,400
*74
Graham-Paige Motors
Granby Consol M S & P
211/8
'37%
26
25%
26%
83
'19%
33
Dec
*25%
1,400
128%
*80
—
12% May
28
27%
24%
83
50
—
(W T)
27%
127
♦80
-1
20
Oct
25%
82
com— _No par
—
Co
24%
23 Va
Hosiery
Union
25
127%
80
_
23
Oct
129%
24%
22%
_
8% Apr
18
128%
25%
84%
_No par
5% Jan
15'/4 Aug £0
127%
25%
■
25%
Goodyear Tire & Rub com— _No par
$5 preferred
Gotham
128% 129%
123
*120
25
—
(B F)
preferred
123
*82
Gold & Stock Telegraph Co_
Goodall-Sanford
Inc__
*
$5
>120%
84%
5
_
com
Goebel Brewing Co
Goodrich Co
123
25
—
—
_
preferred
conv
5
*82
_No par
preference
Co
♦120%
100
preferred—
Glidden
123
5
Safety Razor com— _No
conv
103
*120
♦—100
com
preferred
preferred
98
*101%
N
2,400
M
18
COMMERCIAL
THE
(1914)
CHRONICLE
STOCK
Monday
LOW
STOCKS
Range for Previous
Highest
I per tliare
f per share
$ per share
STOCK
-
Oct. 80
EXCHANGE
Highest
Lowest
Lowest
YORK
NEW
Range since Jan. 1
Year 15)47
■i
.
4,
,
'
•
.
t per
AND
HIGH SALE PRICES
'Thursday
Nov. 3
Nov. 4,
Nov. 2
.
$ per share
Friday
Sales
Nov. 5
$ per share
Jt per share
STOCK
share
'
Wednesday
Tuesday
Nov. I
$ per share
Par
.
$ per share
Monday, November 8, 194$
RECORD
Saturday
YORK
NEW
FINANCIAL
&
the Week
$ per
share*
for
Shares
i
H
32%
,
Dec
39
Feb
31
Jan
Jun
13
Dec
Dec
Jan
112
19%
13% Nov
3
Feb
19
87%
9.
79
Feb
Halliburton
Hall
89
Mar 22
102%
Dec
108%
Sep
xl01% Feb
19%
Apr
27%
Dec
21% Feb
24
'
148%
160
Oct
75%
25% Nov
27
Apr
12
May
4% May
Oct
Jan
22-
May
30%
Janr
Dec
103%
Apr
9f
Jun
25
42%
Feb
3574 Apr
13
42
Jan
2
July
95 »/2 Jart
23
103
Mfg Corp
Hayes
32%
*32%
33
32%
3274
18%
1974
i8 74
19%
1774
19 74
1374
14
14
14%
13
1374
13%
79%
7974
79%
13 74
1974
25%
25%
*25'/a
par
*147
574
5%
90
35.
May
x95
108
Dec
*9%
10
874
13%
22
*85
86%
150
*147
29,
Oct
30
1
35% Oct
10
22 V4 May
21
14% May
22%
Feb
14% Feb
63
Feb
44
Dec
29%
118
5
134
Mar
Dec
4126
38
Sep
.
2574
26
*5%
8%
9 Vb
9%
974
8%
22
21%
*21%
.
21
128 % Feb
30% Apr
10.
123% July 27
Mar 22
114
20
Nov
Oct
22
21 7b
21%
21%
22%
*21%
22%
86 y2 Jun
24
*35
r
85%
*83
85%
*83
37%
•35
36%
98
*97%
98%
100
23%
23%
600
35%
330
46
98
98
24
23%
23%
*24
24%
35
'
*
35
35
35 %
*35
35%
15%
*35
46%
1.44
124% '
122
15%
16 V'A
45%
15%
*26%
115%
115%
Inc—1————-—5
*20%.
20%
27
123
27
.
27%
45%
*122
123
28%'
28
*27-
114%
115
115
15%
45 %
45
124%
*122
98
15%
15%
45% ."47%
,
123 Va
—100
*23
114%
22
*23
23%
21
78 73
*77%
-20
20
.
3%%
78%
78%
"
100
28
28
-
1,500
6,000
122
400
115%
115%
550
20%
*18%
19%
800
/ 19%
21%
3,100
*77%
78%
10%
10%
,
21%
21
21
78%
15
45%
15
28%
200
115%
115%
20,,
*20%
23%
*77%
Chemical Corp——1—1
cum preferred-—!—-,100
Heyden
,
25
3,300
*36%
i
37%
98
24
35%
*15%
37
*9774
-
"
28% May 20
7
-
10
23%
No,par
preferred -——-1
Hewitt-Robins
2
9
18% Mar
78
27% Jan
3
98
Hershey Chocolate com-*—^-No par
$4 conv preference^.—
No par
2"
16
37 Va
*97%
123%
5%
*83
*36%
15,900
*21%
22%
85'/a
86%
37
*85
40
3,800
9%
8
22 74
500
8%
8%
2274
900
6
67
8%
10
26 74
6
*65
6%
67
67
100
2,300
•
*37
new
common
Hercules Powder common
Feb
Sep
W>
(G
_1—
7%
non-cum
preferred new__25
Hercules Motors——'
—No par
6
25% Oct
29% Jan
134
Oct
'
20
57% Apr
5
Nov
121
Sep
Helme
29
50%
Sep
24
Oct
,-100
—25
.-,-100
Co common-
150
150
8%
2274
22,
preferred
1,300
2474
8%
*2174
21%
*21%
24
2574
674
68
*66
8%
9%
5
|H Ji
3.65%
1,400
105
105
25
*147
26
*574
6
68 VB
.
2474
23%
2674
6
374
8%
1-1—,15
preferred—
3%%
Heinz
May 28
Nov
23
35
*
27
Jart
78
Hecht Co
27% July 12
28
10,000
79%
7974
105
24%
150
*147
68 Va
69
105
105
24%
2574
2674
26
26
*104
DAY
150
*147
150
*68 %
104 3 4
104%
1
20% Oct
500
•
'
'
Co-
Glass
ELECTION
80
13%
1374
13 VB
13%
80
81
104%
common—''1
Hazel-Atlas
6.
26% Jan
Mar 10
137a
14
13%
*79
—1
2
Hayes Industries Inc—
11 % Jun 10"
11'
9%
35%
Refra'c com...No
33%
*103%
of Amer class A——1
preferred —
—100
4%'Y
5
Dec
"
No par
(M A)
Hat Corp
11
25.
x20
1474
preferred —————100
Schaffner & Marx*—10
Hart
4',
Jan
79
4
11
6'/2 Feb
28
7% Jun
1074 Jurt
Nov
6% Feb
67
Feb
20
1474
preferred—j—«.-100
Co $4.25 pfd—Np par
conv
6%
3474 May 15'
3
5% Sep
100 «/2
Dec
6
Jan
Feb
19%
14%
CLOSED
32%
19%
14%
Harbison-Walk
9
150 y2 Jan
140% July 30
Jan
39 y2
4 l,c
Hanna
16
Jun
27% Jun
10%
28% May
6% May
32%
19%
Hamilton Watch Co com
12
Jan
107
10
*32%
—
Oil- Well
(W F)
32%
EXCHANGE
—25
Cementing—5
Water
Hackensack
% Sep 15
22
x 14 % May 21
35% Oct
6
12% Mar
Printing Co——6
15
22
16y4 May
10
17% Nov
14
78%
*77%
5°
.
"
10%
Jun
26
14%
Jun
Dec
33
14% May
17
May
Nov
3iy4
Apr
21% May
Dec
X29%i
22%
Jan
20%
Oct
25
Jan
5
Mar
28
14% Jan
2
1
10'/a Nov
31
l
Oct
5
15% Feb
14
11
Jun
Hinde
35 %
Jan
48
Jun
31% Nov
3
30
Nov
36
Dec
26 % Nov
3
35% Jun
12% Oct
4,
13% May
19%
Feb
13
18% Jun
Dec
56
Feb
34% Sep 20
46%, Jan
Hooker
14
Jan
36
Oct
28% Nov
5
34%Jan
£
85;
Dec
19
94% Jun
7
105%
81
Oct
37 74 May
45% Jun
38
Mar 12
16%
Jan
28%
Dec
20% Feb
20%
Dec
29
Feb
31 y2 May
8ep
*
38% Mar
3
May
7% May
,
f per share
-
26%
32
32
13%
14
12%
35
34%
35
33%
33%
30
*29 %
30"-
28%
29 %
*82
82%
*82
82%
82
82
13%
13%
-
-
13%"
13%
13%
*34
*29%
—No par
28%
82 %
-
47%
48
46
47%'
31%
31%
Corpk———T—1
*16%
-16%.
16%
*16%
7
Howard
Stores
9
Howe Sound Co
16%
16%'
16%
43%
43%'
—-—5
——_
44%
46%
43
а, ioo
5,000
400
35
28%
82%
1,800
,
10
47
-4,300
32%
'28%.
IT;IOO
17
16%
40%
400
i6'/2
44
44
44
•
6,100
/
*33 ""
*81%
/ 45%
32%
v
32
28%.-
.,
29
*81%
1,000
12%v 13%v
35
*33
2,000
27%'
27%",
2874
reoo1
22%-
'31%
23%'
*27%,
27%
,
31%
Jun
29
Mar
14% May
3
50
Oc t
14% Mar 17
22% Jun
Jan
12
19, r Apr
7
Sep 21
2% Nov
5
5
Nov
10%
49%
5%
14
"
8
14% Jun
Range since Jan. 1
'
16
non-cum
Foods Inc
Hunt
Corp
43
5,100
STOCKS
NEW YORK
' Highest
Lowest
*13%
*9%
10%
48%
50
15%
16%
12%
13
15%
xl5
12%
12%
3%
3%
12%
14
3%
3%
14
12%
c
3%
14
*13%
14
LOW
'
■
r
STOCK
vY
Saturday
EXCHANGE.
Monday
Nov.
Oct. 30
Par
$ per share
$ per share
10%
49%
AND
HIGH
Tuesday
I
$ per share
i
$ per
б,800
14%
15%
12%
,
/
13
1,300
2%
3
5,100
30,300
900
13%
12%
13%
Friday
.-Thursday
Nov. 4
Nov. 3
Sales
Nov. 5
?
for
the Week
Shares
I per share
$ per share
share
1,500
10%
50
-
*
13%
'.1:
I per share
'•
,
,
3
3
Wednesday
i
*9%
48
:
PRICES
SALE
,
Nov. 2
4 %
4
4%
*9%
47%
17%
17
17%
4
4%
4
10%
49%
49%
14
*3%
—1
.1,
_v_
4
4
*10-
1
!
Hussman Refrigerator Co-i— No par
<
Sep 27
17
*13%
-a—6.66%
—i
'
Hupp
May 17'
,
4%
*9%
49%
'
\
,
*3%
preferred—•j.-.i-lOO
Hudson Bay Min & Sm Ltd—No par
Hudson Motor Car
L—.—'—No par
Hudson & Manhattan common—100.
6
28
$ per share
31%
28
2,900
"
29
29
33%
Jun
Highest
32%
X2774
25%'/
12%-'
',22%
49
47
■
,
V 300
14
12%-
13%
23
29
33%
23.
Year 1947
22%
29
300
31%
f
24%
,
'3,200
,
Range for Previous
Lowest
29%
49
26
12 y4
23%
29%
32
29%
13%
33%
31'
20
Feb
*12%
23%"
30
*12%
31%
//
48%
18% Oct
.*
13%
24
*12%
♦,
26,
33%
33
Jan
25%
*47%
Oil of Texas
-
32%
14%. ,14%
t c——25
Houston
3% Sep
8% Sep
7%
32%
Houston Light &
10
21%
3% May
32%
*28%
preferred
•——1——.100
Power——'—No par
3%%
*31%
15%
26
25%
13%
10%
31
31
*14% I
16
27%
*10%
237B
■
30
com——No par
preferred-———50
conv
28
30
12% May
15 y4 May
$2.25
-
30
14
23%
29%
Houdaille-Hershey
Household Finance com
Oct
49'
34% Jan
Feb
Co
'
10%
10%
33%
*1474
.•"27 '
23%
5
Electrochemical
38% Jun
Feb
7%
13% Mar
43 %
May
*12%.
33
'
10
—30
Mining——1-1—1-12.50
It
*
33
/A) & Sons-——-,.—*—5
Homestake
9
44
27
*32
11
33
16
: 27 v
Holly Sugar Corp——
5% conv preferred-——
1
28%
*14%
Co'——.5
Furnace
Hollander
29% Oct 25,
42% Feb 24
Nov
29
Co
Holland
11
11%
Corpi.——5
Dauch Paper Co——»_10
(C E) The,——
1
&
Hires
25% Jan
2
20% May 20
16ya May 17.
30% Jun 28
13 '/a Aug 13
5
21% Feb
11%.
Hotels
Hilton
,
t per
34
34V4
2,200
30%
3474
22,500
78%
80
share
I
30
i
May
39 74
Aug
32%
Dec
30% Apr 27
27% Mar 16,
64%
Dec
62%
90
93'
Jan
97
Jan
26%
Aug
Dec.
95% Mar 16
15'
■7% May
lf%
Dec
9% Feb
Jun
35%
18% May
37% May
Feb
24% Jan
x21
6%
11
Leased
37% July
12/
RR
STOCK
33
33 %,
34
34
34%
34%-
CLOSED
81
82
80
*96
84
98
*96
J3
..*96
32
30
18
,
34%
>.
MT-
r>
*33%
33%
33%
33%
ELECTION
31%
32
29%
29%
29%
29 %
DAY
27%
28%
28%
23%
27
10%
10%
10%
10%
10
10
10 VB
10%
23%
23%
22%
22%
22%
22%
Indianapolis Power & Light—No par
Industria Electrica De Mex, S A—_
*10%
Industrial
*47
31%
3 10
31
10
No par/
1.300
98
''
V2
28%
9,500
10 7b
2 000
22 Vz
2,200
'
Jan
20% Feb
17
25% Jun
9
10% Oct
22
15% Jan
28
J?35% May
50
Dec
Feb
10
50
39,
66
12% May
6% Sep
* '
98
Power
;
38
*96
,
EXCHANGE
34
/
Terminal RR Co——1——5
July
Apr
Co
37%
83%
*96
—
A——1090
series
33%
37%
*82%
33,%
37
83%
Illinois
17
33
4%
ctfs
33%
comqion,100
pfd ser A__100
100
Illinois
12% Jun
30%
Dec
lines
stock
20
_!
—
Co
3
11-
Dec
169
RR
conv
May 26
30
,
Co—
Central
non-cum
17
Jan
12%
Power
Illinois
July 13-
97% May
22,
26 % Aug
Idaho
24.
42% July 14
11
180%
Feb
42
Oct
17% Nov
8%
Feb
3
70% Jun
Aug 11
150
Jun
10
11'
' jun
25
160
34% MarlO
47%
15% Feb
11
Feb
11
21% May 27
8% May 24
Feb
Rayon
:—1
Ingersoll-Rand common——No par
Nov
6 f/c
\
23 %
23%
•
70%
*152
L_„,No par
47
47% *
20
18%
18%
—i__l
*8%
Insuranshares
Ctfs Inc—;
10%
*9%
10%
47%,.
43%)
43%
r.
70%
———.100
Inspiration Consol Copper
5
10 %
70 %
preferred
Inland Steel Co
1
*
47
10%
47%
'*
157
71%.
^
*152
47%
,
157
*152
s
3 300
67
•66%
08 %
x68
*152
10 V2
43'/4
2,100
157
9
45%
45%
47
%
4374
46%
11.800
16%
19%
.*8%
...
?9%
45
44%
47%
18%
9
69
157
68,
157
*152
.
217 B
41
10%
*9%
>44
17% '
13
18%
17 3s
18%
9,700
8 Va
8 Vb
8
8
8
.
8
9 JO
<r
16
100%
Dec
3
May
108
7
Mar
Feb
Interchemical
23% May 15
Sep
28
92% Sep
28
103
Jun
4,/2%
8
Dec
Sep
27
3% May 18
11
16% May 24
10
155
Nov
1
Int'l
Business
26% Sep
163
,-
15% July
11% Feb
125% Feb
9 % May
27
x34 % Jun
11
Int'l
Harvester
18 1
174%
Jun
11
11
9% Jun
24
11
38% Jun
9
93
3
2
186%
Jun
May
10%
Feb
5% Feb
22 % May
76
Dec
34%
Oct
23% Feb
96
Jan
74
6
3%
25%
Dec
Dec
130 % July
38% May
94% Dec
160
Oct
Feb
9
5%
Feb
3% Mar 16
36%
Feb
24% Mar 16
137
Dec
135
Jan
Oct
42%
86
Feb
139% July
Mar 17
Sep
Interlake
i
64% Jun
»
28
99
2
1
*94%
Machine-—-—No par
common___/„No
4%
&
Chemical
com
preferred
International
15%
154
29
32 %
Mining Corp.—:
International
$4
,
7%
7V4
6%
29
82%
Paper
preferred
139
*137%
Co com—^15
—No par
4
May
16
Feb
Dec
116
Feb
46%
Apr
37% Jan
7% Oct
X72
14
15.
% Nov
May 20.
107% Jan 29
5
"
'1*137%
24
58%
Feb
52%-Jan
45
Dec
39'% Mar 16>
40% May
63%
Oct
43
40
Feb
$0
Mar
Jun
9% May
9% May
17%
Feb
17%
Feb
19
Apr
26%
Feb
20
May
27%
Oct
143% Jan
158
-Aug
Jun
2
4'5
Mar 12
32
64
Jan
12.
Salt.^'—;
International Shoe—J
65% July 12
35
Mar 31
4
10% Nov
10% Nov
5
16% Jun
5
16% Jun
24.
17%'Mar;
9
22% Mar
1
7%
29% Feb 18
137% Jan 16
preferred
Ino
99
-
Foreign
Dept
*62%
34
12%
*12%
Interstate
Intertype Corp
1„_4„_.No par
Island Creek Coal common——_50c
$6
41%
•
Teleg_.No par
39% May 20"
1
preferred-
6,100
4,900
80
27%
28%
80
80
80
31 %
31%
*137%
138%
3%
7.700
30%
32%
29,600
*137%
32%
138%
-
13874
7
5474
99
8%
8%
75%
*54
60%
;
*31.
34
;
60
34
60
62
60
'
*30
'
8 V4
7274
*54
v
•
41
<
59
41%
41%
41% t
60
63 %
.
-
774
X72V4
60
'
"t
12% J''
ir
11%
12%
-12%
*22%
11%
11 %
12
20 %
20%
23
•*28'5,4
30
-
11%
11%
12%
12%
-
23
'
*34
1
30
t
.34%
*138
;
2,100
x
230
.
Y
4174
;
1,500
60
-
2,400
'
200
34
'
32%
32%
12
10%
1174
52,500
10%
1174
1,600
2074
2174
2774
28
32 74
33%
21
21
,
1
12
•
•
*29
500
V
.
"
12%
*22,%
41
*30
42%
63
,
'
17,600
-
74
73%
*55
58
•
3%
8%
87B
73%
8%
77
41%
h
-
20
98
58%
98
57
*96%
57%
08
•;
57%
56 %
200
374
3%
/
*58-
"
63%
*33,%,
35% Juh
May 25
■
«■
.
.*76
*41
25
26% May 27
145
,
'60%
par
-
6%
28 %
3%
*96%
340
57 s
3%
138
597s
27.400
27 %
307 b
99
.
2,100
29%
6%
6%
'
*
14-
e%
*97
77
ctfs..^.^.^..No par
Stores.._1ii.N0 par
share
^
,
125
...—
International Telep &
*75
•■*.58%'
-No par
International Silver
tcommpn._■
24
,8%1
of Cent Amer^om—No par
preferred———.—.100
International
r
151 Vb
27%
101 %. 161%
3%
139
59
148
.;
29%
162
*161%
T
*97
Int'l Rys
5 c/c
1
1.900
20,600
82
*80
,
33
58*'4
38%
4
32%
32%, 'I
180
2 Vb
15VB
27
26%
29%
*77
•
3,500
94%
2 Vs
153
28%
6%
t
9
104
28%
162%
.
\"
17
14
2%
15%
151
148%, 150 %
■27%
xl61%
3%
3%
Int'l Nickel of Canada pom..No par
Preferred
100
^
16
155
163%
.
>
94%
2%
14 %
•
"
1
July 22
:
82
„
163%
,
163i
94
2V4
14%
30%
-
29%
94
2%
14%
29%
1
:
17%
"
153
..
17
95%
*93%
2%
15%
,
7%
"*77
96%
2V4
17% ''
16%
l.i
163%.
*7
18%
95%
V-
.
30
*162
5
;
154
29%
par
100
18 %
.2%
,
No par
preferred.
^.^.a—^IOO
Int'l Hydro-Electric Sys class A—25
Minerals
95%
;2Va
15%
Rubber——No par
Iron;_——
7%
Int'l
5% May 20
34% Oct 23
2
59%
107%
.Jun
Intercontinental
i8% '
18%
Corp .common—^'—5
preferred—4—,—_—^-100
V 143
-
/-
V
:
■■
34 \'a
*138
-
*26
-
33%
-34%
*28
34
*33%
*138
143
*138
143 ;-i
28
■)
29%
34%.
143
■"
V
*
133
/
1,200
200
t.
•
1,200
-
143
-
'■y
6%
Jun
19%
Dec
80%
Dec
39% May
89
Dec
13% Feb
24% July
104%
Feb
Jan
53
Jun
37
108%
104% Sep
46% Oct
Dec
125%
Oct
6
3
89% Oct
33 % Sep
11'
20
24%
Sep
98
Dec
34% July
112
J&n
Dec
151
Dec
39
Feb
„Jan 29
20% Mar 16
fi
3
20% Feb: 19
99% Oct
28
145
86%
Dec
101%
Feb
8"» VV Fob
25%
Jan
40%
Oct
30% Nov
May 27
Jacobs
IF L)
———1
Co
__l
Jaeger Machine Co.—/
.
*
6%-*
6% f
1*20% >21%,. ';i
May 23
99
May 1;
42%-Jun 11
113%. Jun
35
Oct
9
28
106-
May 21'
158.
Jun
11
39% OCt
23
93% Apr
43% Jun
16
1
3%%
Johns
preferred
Johnson
*46%
*89%
39%
*110
;conimon—, 12%
k
»33'
'
2nd preferred series A—..100
*98%
&
Chicago RR stamped
.100
Jones & Laughlin Stfeel com..No par
.5% preferred series A—/
100
Joy Manufacturing Co.—1
*155
37%
88
48 '
1
*47%
"91
■
*
V
■'
.38
88
35% "35%
*,
,
*
:
Jun,
22% Feb
13% Oct
16
21
May 20
90%
Dec
108% Mar
90
Feb
17
98
May 11
23% Feb
11
48
Oct
22
Kansas
60% Jun
22
4%
16
May
47% May
13% May
20% May
29%
18
Nov
14% Mar 17
18
26%
Feb
20 % Feb
20
13%
21%
Oct
17
10
26 Va July 13
22% July 12
Jan
For
Dec
58% July
footnotes
see
page
48% Mar 12
24.
Feb
May 22
3.80%
Kayser
preferred
i—
/
41
37
112
*109
,'Z*155
's 37%
'1 *87
■
K
35%
(Juliusi
preferred
&
B
32
34
100%
*99%
*155
160
19%
-
46
84
45%
91
91
38%;
3134
33
101 %
160
38%
*108
112
.
*99%
*155
*90
19%
"
109
f
32
32%
•
6.500
800
.
.
-
:
84V4
•
47
38
"39%
112
74
46
47%
91
:
"
r
60
1,200
92
30
3934
11.50C
300
109
"
32 74
101%
*100
?155
160
1,600
10174
160
*
35%
36 %
3374
86%
88
38
87
87
32%
33%
34
3274
r
35%
3374
38%
34%
35%
88 V2
86%
35%
307 B
14
14%
14%
1474
91%
90%
91
58.600
700
9,400
"15%
conv
*90
/
par
.
46%
2.100
Co
*55%
'
5
class
1574
--*15
157a
1374
14
CJ1 O O
*
100
;
City Southern com__No
Kelsey Hayes Wheel
Class
10
City Power & Lt Co—1
non-cum
•
*89'%
85
6%
6
6%
120 f
;s5
,
Kalamazoo Stove & Furniture/
Kansas
94
46
48
63«
4
19%
86 %v'
85
40%
34% /' V 34 "
100% / " *98%
160
,
"111 /
40% >/-"
111
90%
87%
K
14.
19%
21
*19V2
6%
6
7
"
; vm\rz
87%
'
100
—u
21
4
*86%
Corp com.i
No par
preferred———1—*.100
Johnson &
4%
;
par
Manville
3% %
Joliet
i
i.INo
6%
-•
Jersey Cent Pwr & Lt 4 % pfd.—100
Jewel Tea Co Inc com.—ii.No par
30
48
27
100% Feb
.
23% Jun 14
92%.Jan
May 15
39% Feb 18"
145
27% May
10
Nov. 3
19% NOV
82
A. 1
,1
.
91 Va
*90
91V2
46 Va
46
46V'4
57
*55Va
57
*91
*90
42 %
43
43
43%
*55%
57
*54
5674
•
20
91
3874
42 Va
55
55
-
15.600
100
16%
16%
16%
16%
15%
1674
16 74
16
10 74
16
25%
25V'4
25y4
25%
24%
2574
24%
2574
25
25
2,200
17%
17:%
177B
17
1774
2,200
«18%
19
18%
18%
17 74
74
74
1.600
-1...
Volume 168
Number 4749
THE
-
COMMERCIAL
Range for Previous
'
41
52%
1
Lowest-
t per share
May
t per
42
21%
Dec
27%
Dec
Peb
116%
11% May
85
Jun
13
13
3
Feb
60% Oct
92
Oct
27
11% Feb
19
Jan
63
May
38%
Oct
29% Fee
90
Dec
102 %
Aug
34
Jan
40
Oct
Feb
45
Jun
59
Peb
45% Feb
40 %
Apt
52%
Oct
Mar
Kennecott
23
Kern
Apr 20
16% Oct 20
24
Feb
25
May 24
104%
0it
j
2
75
8
4%
14
14% Jun
1
2
23
90% Aitg 16
01
i
32
13
39% Jun
16
58 %
July
8
49
Oct
22,
Feb 13
%
•<
iv
Co
Corp
-'4%
>
4% May
9
7
10
14
Jan
44
Jan
14%
Feb
May
49%
"4%
Feb
Dec
Dec
Jun
56
7
Feb
"6%
11
Sep
18
21
Oct
Kress
IS S)
24
9% Mar 12
Feb
42
Oct
Oct
4
Laclede
5
La
Mar. 24
25"% Aug 12
29% May
May
56%
Feb
35
Mar 19
30 %
Feb
23
Feb
27
Apr
95
Sep
Feb
10
Feb
14
li
13 % May 22
9
4
101
% May
30%
12%
Jun
44%
Jan
8%
3%
% May
1% May
35 % Mar
30% Mar
99
Lane-Wells
6
Lee
4% Mar 16
8% Jun
24
Lehigh
4% July 12
Lehigh
5% Jan
19
10% May 12
41% Feb
25
56
May 15.
Lehman
10%
24
Jan
30
12
May 20
16'A Feb
Peb
46
29% Mar
78
May
.
169 J
'96%
10
82
157
X48 >
Aug
Oct
91
Dec
28% Feb
11
30%
Jan
17 \
15
Feb
10% May
20
27-
Feb
79%
Feb
Dec
Feb
13% Jan
15
j
23% Jan
85
2
Oct
28
Dec
158
23% Sep 22
38% Mar 16
Oct
20
101% Aug
26% Oct
Dec
4
50
Feb
17
92
25
,
l'/o
98%
Nov
24% Jan
5
Mar
41
Nov
152
30% May
99% Dec
.
41%
36
Jan
27
40
Apr
129
Oct
14
142-
16
.
Nov
'
Nov
3
Jan
111
30% Mar 16
Mar
2
10
39% May 27
967/e Oct
14
11
29
103% Jun
f
25
10%
Dec
24% May 20 ■*:
18% Aug
9% Feb
520 4 Oct
11
16% July
Jun
500
Dec
Jan
14%
Feb
22%
Dec
'32%
Feb
3%
?
12%
Dec
Jan
7
i
19% May
9
»
14
4
94% Nov
1
11% Nov
5
Oct
13% Nov
Jan
47% P'eb
Nov
35%
Nov
Jan
49%
Dec
Dec
Oct
45
176
84% Mar 27
100% Aug
84
Feb
Jan
Jun
-6
93
Jun
85
Jan
Jan
38
108% Mar
113
-
Jan
48%
35% May
Jan
43% Jan
110
Apr 16
24% Nov
3
112
Jan
l'/o
$ per share
$ per share
RR
,
33%
Feb
25
Feb
11
Dec
107%
Feb
88
Jan
5
101% Jun
Oct
32
Nov
5
42% Jan
30 %
32
Nov
Jan
30
Sep
20
105%
Feb
87.
Jan
5
17% May
21% Dec
25%
Feb
18% Feb
11
31%
Feb
16% May
88% Jun
23%
Oct
19
Aug 13
16% Feb 27
87
Dec
40%
,
105%
May
16
May
55%; May
13% May
80 % Mar 24
96% Jun
36% Feb
27
25
;
20% Feb
16
Jan
13% Nov
3
73
19%
Feb
Jan
50% Sep
12% Jan
28
18% Nov
43%'May
Dec
;
65%
35% May
97% Dec
■
5
Jap
44% Feb
103 % Mar
86% Nov
5
13
47%
Jan
111% Aug
36
11
:
92% Oct 21
12% May
18% Mar
13
Feb
38% Feb
11
29% May
136%
Jun
45%
156
Dec
Nov
35
Mar 16
Mar
129% Feb
11% Nov
14%
Feb
9% Mar 17
47% May
66%
Jan
43% July 19
88
84%
Dec
114%
Feb
51 %
Apr
70%
Dec
99
Dec
Dec
Co
L)
May
15
Dec
Jan
123
Oct
111% Mar 11
104
28% Mar
3% May
8 Mav
Sep
For
8
Oct
Feb
42% Feb
4
11
*69
73%
73%
20%
15%
15%
65%
66%
145
144%
63%
100
44%
44%
44%
42
431/4
42%
43
42
42%
25%
25'A
25%
2,500
24
24%
25,,
25%
26%
4,300
95
93
93
21'A
21%
21%
'■<
38
38%
136
18%
35%
38%
*130
18%
35%
•35%
36 Ve
98%
*97%
98%
12
*20%
20:,A
14
•
14
560'
-7%
'
t';
11%
♦
14%
t
*515
*94%
*62
21
May 3
May 17
17
121% Oct
18
73% Jun
14
11
34
July 13
51 %
J-m
34% Mar 17
44
Jan
5
Feb
9
Feb
11
15Ve Jun
24
32
Feb
24
Sep
15
29% July
9% July 13
6
3.20%
$4
Moline
10
*9
10
10
19%
19%
19%
19%
11%
9%
10%
10
10%
23
23%
23%
24
22%
7%
6%
17%
17'A
17%
7
7%
9
23%
24%
94%
11%
12%
12%
13%
14%
14%
430
23%
24%
17%
24%
5,700
*94
94%
94%
80
11 %
12%
8,600
141/4
15%
2,600
62%
59
59%
58%
59%
56%
59
20%
20%
20
20
20%
20%
20
20
1,600
39%
40%
38
38
38%
39%
37%
39%
4,100
166
166
167
*166
167
*165
87%
81
10%
*10%
"*110
27
39
*38%
*110
' 111%
27%
J
"
'
45
42%
86%
85%
40
*38%
*
Par
*32%
1
100
95
*46%
•'
31 %
•
*88
*22%
43%
42%
86%
85%
85%
86%
86%
*79%
10%
10%
40
*38%
32%
*95
86
10%
40
38%
38%
111%
*1101%
111%
10
25%
26%
25%
25%
2,900
AND
HIGH
SALE PRICES
Tuesday
Wednesday
Nov. 2
32%
29%
32
30%
*22%
23%
;
32
30
97
*95
32
*95
34
33
33%
25%
25%
25%
25%
45%
45%
*45%
31%
31%
32%
32%
93
89%
89 %
21%
24%
CLOSED
31%
1,500
*85
*
46
800
32%
'
21%
*85
89%
3,300
21
21%
200
21%
21%
20
20
19'A
19'A
*19%
19%
19%
400
18%
18%
18%
16%
17%
17%
19%
xl7%
18%
4,600
*85%
87%
*85%
86%
*84%
86%
84
84%
*81%
85
37%
*37
39
*34
37
40
x37%
37%
—.50
*37
"*22%
15%
"50%
51%
15%
15%
*8%
<'*60%
1.1
22%
15%
<■
,
^.3%
.
i.5
*86'A.
*22
15
9
15%
*8%
61%
,
60
8%
58%
*37%
23'A
22%
14'A
14%
20
15
14%
53
*51
54
16
*15%
15%
14%
*8%
8%
8%
8%
59
60%
*86%
87
21%
21%
21
38
38
38%
39
*93%
95
*93%
14%
15
*51
,61
87%
21%
22%
22
22%
*86 'A
87
*21%
60%
30
100
23
2.700
14%
5,000
54
15
8%,
61%
86%
86%
20%
20%
38
38
95
93%
93%
15%
13%
15
%
1,000
20
1,200
1,400
3,700
200
600
'
15
15%
46'A
''
61
*86'A
*93%
*133
15%
8%
22%
95
52
;10
13%
*51
16%
87
41%
15
22%
51%
*93%
pfd. 100
23%
51%
*16
*40%
5
—:
22%
v
1
—50
Inc
No par
41%
52%
52%
46%
41 %
95
15%
53%
47
49%
48
*133
135
135
44%
*133
15
51'/a
51
52
,
47 %
44
46
42%
*133
44%
135
135
133%
.
50%„
45
133%
1,200
30
6,400
19,200
2,100
10
No par
*12%
13%
12%
13
11%
11%
12
12%
11%
12
3,200
vtc__.No par
12%
12'/a
11%
12%
10%
11%
11%
11%
10%
11%
2,800
48'A
48%
46 %
47%
46%
48%
46%
48%
*90%
90%
*90%
90%
89'A
90'A
89%
89%
89
89%
69%
68%
69 %
67
67
67%
69
65
69
*99%
100
3
Impl
48
48%
69
.No par
100
com—1
100
15%
.*117%
119
_._^_10
99%
15%
15%
62
1
*117%
62
62%
'
com..
3,100
'
.100
No par
No par
.
Inc
50
900
25%
20
Scott.—No par
Tool
2,800
*
ELECTION
DAY
44
46%
31%
•
for
Shares
97
32
97
*32
EXCHANGE
Sales
the Week
»
.
$ per share
*95
STOCK
32%
88
Nov,
$ per share
'
31%
Friday
Nov. 4
t per share
97
46%
Thursday
Nov. 8
$ per share
18%
1
Mills'.
300
;
*19%
common
Co
1,900
100
common.;
Machine
70
10%
10
Co
Carpet
360
81
*79%
10%
80
No par
Regul com
pfd series A
Mfg
;
Hosiery
Monarch
■
*110%
88
23%
86
81
3,400
26%
f per share
89
10
44
86%
110%
LOW7
95
43%
24%
Nov. 1
32%
42%
85%
v
-
167
110%
Monday
share
*165
27%
.
Oct. 30
167
3,100
111%
26 Vz
Saturday
;_1—1
series
11,000
'
40%
*86
RR
2,300
7
"
15%
*79%
preferred
preferred
14,500
23%
6%
17
12%
15%
23%
*94
500
10
23
7Va
17%
*93%
10%
preferred
Mohawk
Mojud
7
17%
13%
62%
63
7
87
(2nd series)
Mission Corp
Mo-Kan-Texas
400
*
100
*99%
16
13%
100
'
14%
14%
15
*99%
13%
100
14%
"
$6.50
3,000
10
20
80%
Power
3,800
7%
*9
10%
preferred
Minn
7
560
7%
19%
87
Edison 3.90%
&
*500
7%
1,500
-
13
12%
13%
560 jy
7%
■
s_
600
20
•
10
79
Ndpar
Transp Co.—No par
conv
Min
■;
.,19
20%
10
*20
10"%
A
.
12%
*500
7%
79
Minn-Honeywell
Minn
12%
560
7%
•
87
M
3,900
11%
-20%
39
SS
35%
98%
11%
20%
*166
..No per
Corp
&
12.%
*500
7%
14,700
35
20%
79
Copper
P
*20Va
300
17%
*96
35%
20
Ju%-
38
136
17
12^
•
560
*37 %
99
*11%*
' .*85%
&
2,000
40%
-
'.No par
Inc
35%
*97'/a
11%
44%
preferred
St
35%
98%
*85%'
Merritt-Chapman
60
191/4
*130
17%
ll3/*
14%
-
7%
,
35
21
IVa
38
86%
Co
94
17
136
17%
*97%
12
*20%
w,
*37
*130
44%
(The)
*91
19%
37
17%
16
*43%
Stores
24%
94
19%
136
,
*130
18%
*97
.'*515
*
*91
19%
37
136
18
*11%
.
94
*142
'
*37%
«.
*91
xl9%
*85%
Co
6,300
*25%
5
Corp com
20.%
2,100
.*130
No par
Steel
142
—No par
preferred..
4,500
6,000
24
20'/a
241%
21'A
(-100
■
65%
63%
22%
1451/2
15'/2
'
65
.
24%
12%
Norris Mfg Co..
Corp common
4%% pfd (1st series)
1st
22%
24
20 11U 20%
25
*46%
8%
64%
22%
20%
144
15%
.
33,600
25
12%
<
10,300
15%
142
12%
STOCK'
19%
15'/8
24%
15%
i
100
17%
24%
25%
common
1,500
24%
*93
4;_1
.....I
*
%
46%
31%
Metropolitan
64%
22
138
800
15,400
'
20
144%
10
24
—_.No par
Machine
15 %
510
'
36%
24%
& Robbins Inc com..;"_18
Mesta
19%
15'/8
3,300
162
36
73 %
19%
15%
1947 series—No par
McLellan-Stores
*69
191/4
15
t
95
———
731%
18%
l
88
87
161%
24%
,
_■—1
Minn
10
2,600
75%
20%
Corp__.No par
July 13
Feb
24.
9,400
171/4
94%
Minneap & St Louis Ry
13% Feb
psee
41%
17
15%
'
No par
May 10
Feb
see
63%
39
17%
171%
87%
162
*43%
100
25%
footnotes
62
42>A
66 %
V
com....No,par
18% July 13
1
64%
41%
17%
25%
Prod
105% Jun
63%
*04
95
preferred
15
17
78
62%
17
-
25%
Midland
Jun
Jun
98
62%
44%
( *24%
Petroleum
7
13%
11% May
32% May
23%
56%
«
66 %
44-%
*73
*143 %
200
65%
67
44%
20%
No par
Miami
56% Apr
10% Mar 16
102%
30
34%
*34%
9
17%
preferred
Co
341/a
35
37
27
&
35%
*34%
3,000
10%
26%
$3.50
15,400
37
27%
Merck
5,200
91/8
10
7%
Mead
.
49%
8%
9%
75%
preference....No par
Min
221/4
47%
9 '/a
37%
v*26%-
&
21%
49%
x9
'9%
Publishing.—.No par
Porcupine Mines.;
—.5
Merch
22%
48%
*36
17%
Co—
1st
22%
9%
10%
35%
Co
21%
&0V4
9
39%
35%
conv
21%
'48%
•
*
10%
35%
5(lo
9%
*37%
,7%
Co—
YORK
Mengel
9%
...
86%
*34%
Mercantile
10%
1611/4
18
,
100
Corp
Shoe
10
1,400
86%
15V4
—No par
2nd pfd
10%
3,500
1,300
'
1621/2
...———1
4%
46%
23%
86
*17%
com
pfd
Melville
45%
*162
____5
—
Chemical
conv
1,200
46%
'
46
23
88%
23%
cum
8'A
45%
'
,
162%
pfd—.100
—
Mid-Continent
14
88%
*162
23 3A
&
8%
-
35%
*17%
1
69% May
16
98% Oct'25
7
July 21
54% Mar 11
23
27% Jun 15
48
5
15%
35%
63
8'A
9%
20%
L.50
McQuay
24
140
11
Nov
10% May
6% May
51%
*40
24%
8%
45%
23%
63
1,300
24%
9%
66%
i
19% May 27
►
8%
51
*23 %
Corp
1st
$4
2
104% May 25
11
48%
Apr
...
*40
24%
8%
-9%
-
63
24%
,
1
Corp
6% prior
Ry
*40
8%
Mclntyre
50% May
8
63% July 13
44% Jun
63
24%
McKesson
8
95% Jun
*
MarlO
33
18% Jun
13,600
,•
McGraw-Hill
19% May 15
62% May 15
29
17% Feb
83
Jan
3,700
3%
9%
cum
3% ','0
46% May 28
Jan
5%
3%
18'
;——1''. '
McGraw Electric Co..-.^
9
Feb
25%
5%
3%
9%
McCrory Stores
12
Feb
24%
,
6
3%
9%
$3.75 cum pfd
$6
May 25
50
Dec
20
24% Jun
24% Jan
23 %
5%
1
Dept Stores
McCall
31.
May 15
52% May
1
35% May 15
'98% Jun
2
5
37%
6
3%
"
36% May 21
23% Mar 17
44
44
May
Feb
Feb
,
37%
5%
10%
Electric
$3.40
15
56%
37%
60O
7,800
3%
*73%
i
.100
Co..
Maytag Co common..
$3
preferred
—4
14
45%
Dec
37%
23
96
6%
'
10%
44%
—10 v t
$ per share
May
May
36%
23
*92
,
3%
23
'>
40
EXCHANGE
Mar
,
36%
700
11%
20%
NEW
82
46
11
38%
'
35
24
11%
*9%
Highest
$ per share
24%
10
88%
161'A
*66
1,300
38%
96
*17%
Noi>ar
.
24
;
40
29
*23%
48%
36%
t
45
28
*37
*92
10
*37%
300
*42
39
xll%-
48%
' 10%
,
45
28%
38%
12
20%
$3.75 preferred
9
45
*28%
96
10%
88'A
.No par
preferred
May
12
Lowest
45
11%
f
Mathieson
Range since Jan. 1
Highest
45
6%
12%
24%
8%
93/3
STOCKS
Year 1947
1,500
;—_._5
Range for Previous
Lowest
.5
__
_—
(Glenn
Master
21
41% Jan
11%
48
161'A
10
Co_„;
Field
Masonite
*
12% May 15
Mar 12
100
com—j
Martin-Parry Corp
13
50
Jun
11
6%
3%
51 %
/
preferred
.
Martin
18
77% Aug 13
9% Feb 11
11%
5%
6%
6 %
22%
10
Shirt
St
4% 'Jo
3
Nov
97% Mar
11%
*41
9
*353A
;
1
com..
;
Midland
Marshall
'
26
14%
7% May
Marine
'Market
20
93
3,300
11%
^
5%
37%
24%
-93/0
,
Oil
Marathon
22
47% Apr
Mar 16
20
11%
Exploration.^..
1
Corp
.<
—...6.25
Maracaibo
9
Oct
19
6'A
51%
100
^
Bros
Manhattan
16
27.% May 20
19
35%
Feb
106
Dec
166
Feb
16
19% Jan
19% Mar
4
27% Feb 11
190
22
69% July
20
25%
(The),'4
Sugar
Mandel
7
22% Apr
3
11
19%
3%
22%
t
;
Garden__i_No par
Copper
14,000
5%
*6%
20%
Inc com
Co
5%
5%
6%
19%
20%
series A:—__—i
Square
1,100
12%
12%
37%
63
/
9%
:100
Magnavox^ Co
8
May 20
17% Sep 16
29% May 18
103% Jun
9
20
.26%
39% May
42
Jan
(R H)
Manati
25% May 17
20
Feb
24%
Dec
82
22% Mar
6% Feb
63%
May
18% July
24% May
85
15
Feb
34
39 %
88
Feb
5%
24%
Inc—1
46%
X44%
18%
24%
Forbes
&
1,400
*6%
21
Inc
3,300
55%
'
6%
28
48
M
'
*
Dec
111% July
Jan
14% Jun
10
8%
May
% May
175
5% Feb
18% Mar 18
16%
Dec
14
26
6
*20%
Sons
40
37%
55
20%
6%
'24%
&
Mahoning Coal
8
28
3
5%
No;par
Co..
Magma
23
Apr
10% Sep
13% Jun
A
series
Madison
6
4
34%
May
May
97 %
Feb
525
5
Mar
'•
19% Nov
Dec
27%
6% May
22 %
7
15% Apr 12
8% Mar 16
-
46%
37
'
39'A
*8%
No par
(Md)
pfd
4%%'pfd
Xl6% Feb
May
46
28
24%
i.No par
♦.
(Ml
Trucks
Macy
4
15%
9%
45%
39
1
21% Mar
6
45%
29
6%
5
preferred
Mack
Apr
455
55%
40%
3%
No par
Nashville.;.——50
&
'
.
6'%
16%
Sep
37%
54
28%
*41
50
Gas & Elec,Co (Ky)
MacAndrews
11 % May
Feb
37%
54%
3,900
20
common.u—_—10
Co
Steel
Lukens
13
27% Jun
91
37%
60
35
*90 %
40%
.1
5
preferred
4V2V0
8
Feb
33%
91 %
28%
*37'A
preferred—/l—.100
Lumber
Lowenstein
July 14
'Jan
35%
91%
41
12
..No par
(P)
400
68%
34%
*28%
5
Corp;
170
12
12
*68
34
*40
£.50
—
——
13%
68%
29,600
3,900
95
54
47
Corp
Cement
Lousville
;
34
134
Inc
Louisville
4
May 15
35% May 15
11
Mar 17
v
7
22
Nov
6
*45
Lockheed Aircraft Corp-i.——1
11;
Jun
*94'/a
92
'
47%
46
-—5
Co
Bell
3
47%
94
*12%
36%
55
47%
68
19%
93%
13%
33%
38%
54%
*45
Corp...
conv
Long
19
Nov
29%
13% May
3% 'k
Lorillard
27
Feb
38
55
69
21
92%
*90
12
Lion
Oil
Co
I.—No:par
Liquid Carbonic Corp com-—No.par
i
30% July 15
19% Feb
18
138
Feb
Eelt
21% Sep
Oct
377/8
12
Corp—No par
Lima-Hamilton
Link
Star
Jan
91%
12
—
Loew's
Jan
53~
17% May
Savers
Lone
28%
172
Stores
68% Jun
21%
Apr
Dec
DAY
36%
12
preferred—No par
pfd
No par
(The)
*.— 1
Corp
20% May 21
*
69
ELECTION
36%
6%
preferred
—;_100
Lily Tulip Cup Corp.—No par
14
24% Jun
16
57% Feb
69%
91
19%
2nd
non-cum
7%
9
Jun
'68
92
6
Liggett & Myers Tobacco com.;.—25
70% May 24
55% Jun 11
29"
73% Sep
8
May 14
13% Jun 10
10
Sep
Life
2
Jan
92 %
13%
36%
*54%
*46%
Libbey Owens Ford Glass—No par
Libby
McNeill
&
Libby..—7
47
7
68
37%
1st
non-cum
Lerner
14
174% Mar 30
16-
35%
18%
I
Mar 12
5.5% Mar 16
58% May
12% May
93
12
Oct
109%
$3
50c
1
10% Apr
38% Jan
Dec
12%
Dec
39%
56 % Jun
63
24% Aug
19% May
17%
26% Jun
13
34% Oct
'8% Feb
Dec
137%
20
31% Mar 16
Jan
Apr
78%
Oct
191% July
Dec
33% May
47
40%
.
July" 12
Mar 18
8% Feo
68
19%
Lenn & Fink Products
Feb
6,600
*6%
preferred..
Feb
Apr
20%
—_50
Valley RR—
Valley Coal com..
Non-cumulative
59%
CLOSED
14
24
Feb
25
93%
13%
*23
l7/a Jan
11
'92 %
13%
1
20
*92
Feb
May
2,300
93%
19%
96
9%
May
14%
15
19
24
25%
8
14 %
14%
24
50%
17
14%
EXCHANGE
*92
14% May
5% Jun
46% May
14%
20%
96
Feb
Sep
STOCK
20%
24
Feb
9
15%
20%
Mex
,
38% May
Dec
15%
44'A
24
35% Mar
26%
58%
43%
*92
20
Mar"30
55%
45%
Sons Co com..u—3
38% Oct
19%
587/f
44%
3.85% cumulative preferred—.100
Lehigh Coal & Navigation
Co..^10
Lehigh
Portland
Cement——;L25
Jun 16
9
2
58%
45%
36%
1
&
58
44
No par
Tire—
&
(James)
57%
46%
No par
Co
Rubber
Lees
60%
4
Pesos
;
Shares
59%
;.
Co
pfd—75
(or
the Week
46
*91
■
(The)
Bryant common
4%% preferred
47
May 18
26% May 28
.
Light
Sales
Nov. 5
# per share
593/3
'
No par
6%
Co
Friday
Nov. 4
$ per share
45 'A
;
.—No par
_
Thursday
Nov,.3
t per share
15%
'
100
Lane
53% May 17
21% May
95.
Dec
38
Gas
Consolid
Lambert
14% May 15
1
iNo par
;
Wednesday
S per share
*13%
common_—i—__10
& Co..:
$ per share
*92
%
100
Co.————10
(S H)
SALE PRICES
Nov. 2
20%
1
— —
HIGH
Tuesday
Nov. 1
%
46
par
—
Kroger Co (The)
Apr
12
20
com—.No
preferred
preferred
Kresge
59%
AND
(1915)
"US'/a
5
$5 prior preferred—
3
Monday
Sper share
.
No par
new
<G R>~ Co common..
Koppefs Co Inc
■
No par
Land
2nd
conv
Kinney
Jan
11
Copper
County
Kimberly-Clark
37% Oct
41
Saturday
Uct. 30
Keystone Steel & Wire Co
l
20%
CHRONICLE
LOW
STOCK
Par
51
11
Peb
20
65 %
% Feb
19
YORK
EXCHANGE
$ per share
14% Nov
Jan
NEW
Highest
share
43 % Oct
103
since Jan. 1
Range
1
Highest
S perthare
FINANCIAL
STOCKS
Year 1947
Lowest
&
No par
7%
A..—__.100
20
28
'
*40
1.25
12
No par
*26
118%
62%
117
58%
117%
*117
118
60
61
61
7%
7%
5%
28%
28%
25%
26%
40%
40%
38
38
12
12%
11%
12
*
*26
27%
26
26
*25%
12
27%
117
56
61
"
7%
28'A
41
113
7
6%
26%
*39
11 %
7
26%
39%
11%
27
G%
23
480
2,300
100
17,800
290
9,500
6%
23,300
26%
28,500
39
1,700
10%
11%
1,700
*25%
26 Ve
100
38%
■H
COMMERCIAL
THE
(1916)
FINANCIAL
&
CHRONICLE
Monday, November 8, 1948
'
iff"' i--
Ml
'
NEW
Range for Previous
63 Ya
128 Ya
Feb
Sep 27
105% Mar 17
£4Ye
Feb
Dec
17 Yi
Dec
11 Ya Oct
May
27 Ya
Dec
20 Ya Oct
9 Ya May
14Ya
Nov
HY4Jan
203/4 Jan
May
15Y2
24
47 Ya Mar
May
27 Ya
19% May
27 Ya
Mar
16
Nov
11% Feb
17
,
17% May
25
10
May
15%
18Ya Oct 22
35
Apr
Moore-McCormack
Motor
23
May 15
143/4 Oct
45
Jan
107Y4 Jan
2
112
Jun
21
17
Jan
2
43
Jun
29
55 Ye Jan
5
9'/«
Dec
16Ya
Dec
12Ya Sep
37 V*
Jan
443/4
Feb
35 Ya Oct
4
50 %
Jun
56
Jan
50 Ya Jan
23
Feb
14% Mar 16
51
49 Y4
104
104
*105
110
104
104
109
STOCK
109
110
110
106 Ya
106 Ya
1.100
10 Ye
10 V*
1.900
57Y4
23.600
EXCHANGE
11
59 Y4
thare
lo3/*
10 Ya
61 Ya
10 Ya
56 Ya
lo3/*
55 Ya
Shares
thare
50 Ya
8.900
200
55 Yi
12 Ya
12%
12Ys
II Ya
12
113/4
12Ya
11%
HYa
22
21 Ya
22
ELECTION
21%
22
21
22
21
21
1.200
J7%
No par
CLOSED
12 Ya
is
38
18
DAY
16 Yi
16 3/4
163/4
17 Ya
153/4
17
5.400
56Ya
.
577/e
7,100
28
24%
26
25%
25 Ya
25
25 Ya
7,000
10%
20
20
19 Ya
19%
20
203/4
193/4
21 Ya
3,600
*193%
20Y»
19%
19%
19
19 Ya
19
19
18%
19 Ya
*27
1
r—
i6Ya
_5
new—
com
*27
19%
l
—
273/4
5
—
*13%
Murphy Co. (G C) common
1
43/4% preferred—.—„—,
100
Murray Corp of America com—10
4% preferred
—50
Myers (F E) & Bros
No par
2
the Week
51
50 Y4
iio3/4
58 Ya
Sales for
Nov. 5
t per
22
3
—
Mullins Mfg Corp
Munsingwear Inc
16% Oct 26
3
16
Co
58%
Friday
Nov. 4
I per thara
share
114
lOYe
58
No par
„
10Ya
I per
54 Ya
110%
10 Ya
5
Co—
Inc
Brass
*108 Ya
No par
Lines
&
products Corp——
Wheel Corp—
Motor
Mueller
9
Jun
24
333/4 Feb 16
Feb
40 Ya
112
IO73/4 Dec
Motorola
29% May 27
23
May 27
19
14 % Nov
Montgomery Ward & Co
Morrell
(John)
53%
»107% 111
1103A 110*%
A__Nopar
173/4 May 15
Jan
9
19Y4Mar 17
Feb
series
preferred
54 Ys
9 per
Thursday
Nov. 3
Nov. 2
9 per thare
53 Ye
$4 preferred series B—No par
Montana-Dakota Utilities Co
5
27
22
49
«3.25
6
Wednesday
Tuesday
Nov. 1
9, per thare
com—6
lOYeOct 18
65
May 21
27
16
29
27
23
Oct
Feb
112 Ya Apr
Co
Chemical
Monsanto
May 15
122
101
10 Ya Sep
Par
61% May 17
47% Sep 27
Feb
LOW AND HIGH SALE PRICES
Monday
Oct. 30
$ per thare
8 per thare
< perthare
49Ya May
llO'A May
RECORD
Saturday
EXCHANGE
Highest
Lowest
Highest
9 per thare
STOCK
STOCK
NEW YORK
Range since Jan. 1
Year 1947
Lowest
YORK
STOCKS
2.000
16 V4
16 Ya
14 Vt
15 Ya
15 Ya
16 Ya
14 Ya
16
32.000
*13 Ya
16%
14
14 Y4
*13 Yi
14%
13
13
12%
13
500
41 Ya
413/4
41Y*
41%
40 Ya
41Y4
109 y4
109 Yi
*109 Y4
109 Ya
*109%
109 Ya
15Ya
15%
15 Ya
15%
13 Ya
14%
14Y4
143A
*37'%
39
38
38
37
37
*36%
38
*52Ya
54
*52
54
52
52
*52
40 %
54
,
"
40 Y4
109 Ya
10
HYa
8,800
36 Ya
41%
109 %
109 %
14
41%
*109Y4
36 Ya
500
54
100
*51
800
N
14
May
19Ya
19
May
293/4
Feb
20
Feb
24
21
May
30
Jan
22
Nov
3
16 Ya
14
Jan
Feb
163/4
Feb
10 Ya Nov
8Ya Dec
9V« May
10 % May
13 Ya July
Jan
34
Dec
27
Jan
34 Y»
Feb
26 Ya Feb
1
133/4
Jun
Feb
6Y4 Sep
May
Dec
33 % Feb
7'/a
14 Ye
Jan
16%
Oct
17%
Feb
Dec
38
Jan
15 %
28
Dec
Jun
Jan
Feb
21YaNov
23Ye
Dec
173/4 Nov
5
Sep
85 Ya Feb
16
29 Ya
Jan
21 Ya
12 Y2
Dec
173/a
Feb
HYa Nov
11
Dec
13 Ya
Jun
18 Ya May
13 Y2 May
24%
Feb
12«/a May
:
Mar
100
18Ye
107
28 Ya Nov
38
Feb
106
Dec
13
Nov
Jan
90% Mar
44 3%
Dec
38
Feb
32Ya
Feb
15 Ya Nov
x873/a
17Ya
102
Dec
F6b
*56 Ya
57
55
57
17 Y2
17%
18
153/4
16%
163%
17
93
91%
91 Ya
93
93
2
10
Jan
2
6%
6
2
Natl
12% Feb
11
Feb
10
137
Dec
121
Feb
11
Nehi
43/4%
8
New
144
343/4 Oct 22
-
Jun
Sep
20 Ya Feb
10
86 Ya Jan
6
10% May
16
Sep
..
393/4 July 12
Jun 17
96
.14 Ye Feb 27
•
193/4 Oct 23
100 Ya Aug
81
Jan
2
Jun
88'
21
23
25 Ya
Oct
preferred
non-cum
Harlem
Preferred
RR
5%
series
$3.75
cumulative
t per. share
20Va Mar
Feb
18
62Ya Nov
1
28 Ya Jan
13
3
17Ya,Jun
17
North
American
2
13 Ya
May 10
North
American
14 Ye Mar
Feb
8
Jan
Chemical Co
82 Ya Mar 10
93
Jun
11
Northern
Central
Ry
253/4 Feb
11
36 Y» Jun
14
Northern
Natural
Gas
163/4 Feb
11
27% Jun 24
Northern
Pacific
Feb
78
Aug 11
1033/4 Oct
5
22% Apr
25 Y4 Oct
17
33
Jun
45 Ya
Jan
33Ys Jan
Dec
133/4
Feb
Dec
18%
Feb
33/4 Sep 20
10Ys Mar 18
6®/a
12
8 3/4 Nov
90
.
Mar 19
104 Ya Nov
4
5
17 Ya Mar 20
Oct 13
27 Yi May 17
40 Ya Apr 24
2
7% May 21
143A Jun
9
34% Jun
16
$3.60
*90 Va
91
60
60
17 Ya
15 Ya
163/4
16 Ya
16 Ya
.'15%
783/4
*78Ye
*77 Ya
58
91
500
58 Ya
2.700
153%
3.200
79
70
78 Ya
31 y4
32 Ya
8.900
30
34Ya
353/4
2.200
l63/e
16%
16 Ya
14 Ya
15 %
15 Vt
15%
133%
15 Y*
63,900
85%
85 Ya
86
80
81%
81%
82
76
80
163%
15Ye
17%
235/8
*21%
139
136
140 Ya
*139
23s/a
51
17 Ya
15 Ya
♦21%
23%
*21Y4
.
33 Ya
333/4
*42
51
*45
51
250
*200
250
97/a
31s/a
87
^
9 5/a
183%
19
19 Ya
17
85Y2
843%
843%
Ya
*84
18
*
10Y4
10
7,000
32 %
32
*85 Ya
88
*87
3.600
*
23
•200
1
9Ya
410
16%
51
*200
4,500
136
250
*45
250
10Ya
133%
138
163%
235%
*21
•47
lOYa
138
16 Y4
16%
*220
51
*84
Monday
85%
9 per thare
*23
-
*16Y4
32 Ya
30
32
3,900
85 Ya
87
86
86 Ya
18
173%
18Y4
85 Ya
84
84
18
*84'
SYa
30
:
2,800
110
-
29
25 Yi
16 Y4
16 Ya
10%
10%
50
*84 Ya
85 Ya
323/«
32%
28%
62'%
20%
20%
EXCHANGE
CLOSED
10%
85 Ya
16Ya
4.200
27 Ya
500
5,300
60 Ya
613%
25Y4
*253%
25 3%
*25 Yi
253%
15 Ya
153%
15Ya
HYa
9%
9Ya
10 Ya
9%
DAY
85 Ya
*835%
85%
31%
31 Ya
32 Yi
303%
31Ya
10,000
19 Ya
17%
19 Ya
47,800
8Y4
•83
33 y4
30
21 Va
20%;
27 Ya
61 Yi
ELECTION
32 8%
28
600
15 Ya
16%
27 Ya
*25 Ye
163%
10Ya
*84
153%
22
223%
153/4
22 Yi
27%
22 Y4
15 Vt
16 Ya
-
I per share
22 Y4
*26 Ya
Shares
9 per share
15 Yi
STOCK
the Week
Nov. 5
.
22%
253%
62%
*25
.
$ per thare
163/4
28%
62
■9 per thare
Sales let
Friday
Thursday
Nov. 4
Nov. 3
S3%
16 3%
16%
*28
62
Ry
Nov. 2
9 per share
23'%
*23
Wednesday
Tnesdny
Nov. 1
1
%
62
193/a
18
61 Ya
18Ya
62
*83
100
15%,
25.900
10
22.300
85%
(Minn)—
500
_No par
*81%
82 Ya
.'82%
82 Ya
81 Ya
80 Ya
81 Ya
No par
104%
1043/a
1043/4
1043%
1033%
104 y4
104 5%
104 7%
104'%
1047%
860
10
93/4
10Ya
9Ya
9%
9%
97%
83%
12.600
17Ya
173%
17
93%
17 Ya
*363/4
37 Ya
303/4
363%
common
4.6%
preferred Northwestern Telegraph
&
SYa
9Ya
91
59
323%
10
preferred
Norwalk Tire
8Ya
9%
92%
59
353%
25 Y»
Co
$4.80 preferred
;
Northwest Airlines Inc
Norwich
10,900
83/4
*90 Ya
,
7 8 Ye
—25
lo
Co.—_
Northern States Pwr Co
Aug
19 Ye Aug
87%
9%
90
32%
88
—25
—
Feb
440
90 Ya
36 V2
333%
Par
Aviation—
Jan
90 Ya
90
323%
100
Co
Nov
300
89%
80
250
10%
1
—
22 Ye
33
35 Ya
ia3/4
_4
Ry com
preferred
30Ye
*31
31%
*87
—2.50
—
115Ya
33
LOW AND HIGH SALE PRICES
Electric Corp.—
Adjustment
*31
33 Ya.
Saturday
Norfolk & Western
Aug 24
10
32
92%
783/4
Oct. 30
Industries
55
103
373/4
*323/4
preferred—100
.
25
*101
333/4
EXCHANGE
Noblitt-Sparks
143%
15%
103
89 Ya
90
107/a
NEW YORK STOCK
253/4 Jtin ,21
*15
*101
COrp—
$ per thare
4
15%
103
*101%
36-%
*47
Light 3.90% pfd._100
N Y Shipbldg Corp -partic stock—1
Gas
lOYa
78°%
*220
—100
A
97%
11
373%
50
;
10
11
90
2.500
33
No par
Co_
10
21.600
•
33
N Y Power 81
Sep
33Ye Jan
102 Ya
*89
139Y2
Nov
30 Ya
Dec
90
.
9%
10 Ya
19
32
33
139 Y2
Nopco
64 Y4
11
1,500
33
173%
Ys
10%
15%
102
85 Y2
Noma
Dec
79 Ya
1.900
15 Va
19
•9%
;
15 Ya
15 Ya
102
16 Y4
5
Dec
Dec
2,600
lOYa
No par
1
26
13% May
10
N Y Chic & St Louis Co com—100
6% preferred series A
10o
36 Ye Jan
56 Y4
25
1.000
*36Y2
^17% July
Jan
103/4
HYa
No par
Aug 11
25% SCp 30
53 Ye
Dec
11%
19
785%
Newport News Ship 8e Dry Dock—1
Range since Jan. 1
Highest
15
Dec
6Ye May
83% Dec
12
X11Y4
STOCKS
33 Ya
16 Ye
12
163/4
Lowest
$ per thare
Vt Nov
12
16 Ya
Range lor Previous
Year 1947
Lowest
Highest
9 per thare
12%
16Ya
N Y State Elec &
80% Dec
87
63
&
1,000
23 Ya
9Y4
Y
21V4
86 Ya
62 Ye
$5
21%
22
*90 Ya
N
21%
88
33
*32
N Y New Haven & Hart RR Co.100
9
9,600
24 %
9%
25
105 Y4
24 V*
623/4
Mar 18
100 Ya
-87 VA
92Y2
Jun
600
106 Ya
19
15 Y4
*21Ya
14 Ye
6,400
22 y4
23%
103%
No par
61
3,500
*
■3% ;
w
22
873A
93%
common.
20Y4
20
18
*90Y2
*62
Dock
u
23 Ya
23 Ya
—20
Brake
20 3%
n
*22 Ya
873/4
Jersey Pr& Lt Co 4% pfd—100
Mining Corp
10
Newport Industries common—
,.1
4Va% preferred—
,
_100
England Elec System
203%
23%
1,100
127/e
15 Yt
Newmont
203/e
3/4
70
520
6Y4
883/4
lOYe
*89
130
6%
25%
12 Ya
10 Yt
,*102
130
8,700
166
207%
103/4
1
90
33 Y4
166
6Y4
21%
18,300
25 Ya
10%
.100
313/4
167
6%
105
500
163%
92
131
130
2.500
*873/4
10 Yt
preferred
33 Ya
'7,200
31,000
25
107/a
York
255
Mar
20 Ya
15Y4
92
94
*164%
213%
883%
24Ye"
New
19
213%
*873A
*157/a
19
6% Mar 29
106 Ya
112
107/e
common
*9(3
6Y4
20
21%
No par
Jan
105 Ya
111
21%
City Omnibus Corp
62Ya
u
23 Ye
2lYe
20Y2
N Y
2
3/4
2lYa
20Ye
Central
Jun
22 Ya
24%
10 Yt
serial
130%/
*6 Ye
24
No par
Inc
283A
317/a
165 Ya
130 Ya
*12 Yt
Co
—
conv
31 Ya
*164
6Y4
—1
Fibre
56
6%
22 Ya
U
109 Y2 '110
York
27
25%
3A
23Ys
New
July 12
3
107
*23 Ye
18% July 12
20
Dec
132
92
Aug
Nov
132
6Y4
22 %
132
*6Ya
*22
Air
26
15%
*130
York
July 6
23% Apr 19
84 Ya
35 Ya
165 Ya
New
9
9
Jan
34%
165 Ya
New
433/4 Jun
5
493/4 Jan
34%
165%
—
Aug 17
July 12
IP/4 Mar
200
j.
34 Ya
*164
Newberry Co (JJ) common..No par
33A% preferred
100
May 15
12
Feb
Feb
100
.—100
.
—i—.—No par
Co
Corp
Neisner Bros
24
20 Ya
290
Vulcanized
Natomas
6
May 21
90 Ya Jun '18
39
1—
—
26 Ye
Feb
10
common—
Corp
—No par
National Steel Corp
25
National Sugar Ref Co-.
...No par
National Supply (The) Pa com—lo
4 Y2 %
preferred.—,
—100
National Tea Co.j.
;.10
Ya Jan
64
78% Oct 20
20% Feb 11
Co
Shares
cNational
May 17
Jan
Lead
preferred A
preferred B
*81Y2
National Linen Service Corp...;
1
Natl Malleable & Steel Cast-No par
Natl Power & Lt ex-dist.
No par
5
Jan
99
Dec
Dec
7%
7
73/4 Feb
National
7
22%
Nov
Nat
9
Jun
50
52
28
*54
18 %
230
27 Ya
57
123/s Jan
Mar
3,100
56 Ya
26
Apr
10.800
123%
57 3%
46
19
11 Ya
12%
573%
17 Y4
Jun
May
80
May
HYa May
10 Ya
12Ya
Enameling & Stamping—No par
National Gypsum Co com—i——I
$4.50 conv preferred.
-No par
3
34% Nov
11Y4
Xl2%
73%
18Ya
5
Oct
5,400
107%
13%
7%
16
13
Feb
7Ya
107%
12 Ya
8
29'
32 Ya May
12
May
Ya
7Y4
10 Ya
133/4
18
98
3
8% Nov
7Ya
11 %
13 Vt
27 V*
19 Y4 Jan
10
-108Ya
73%
11%
13 Ye
16 Ya
x27Ya Mar 12
Dec
73/4
11 Ye
13 Ye
16
35
Dec
7Ye
11 Ye
18Ya
19
35Ya May
22 Ya Dec
7%
1
1
29
104
11 Ya
——1
Co
Gas Co
16
25 Y4 July
95 Y2
3,900
18%
26
Feb
3.600
153/4
16
87
110
6%
42 Ya
42
18%
13 Y4 Feb
Mar
98
6%
63%
423%
15
94
5
Feb
164
18
3
100
800
14,000
19
303/8 May 27
15% May 26
12 Ya Jan 26
Sep 14
9Ya Sep 28
July
6%
43
1.200
31
16 Ye
10Ye Nov
Feb
Feb
105
X164
165 Ya
42%
6%
42
293%
29 Ya
253/a Jan
5
20 Ya May
88
6Y4
44 Ye
31%
11
40
l83/4
May 17
114Ya Oct 23
8IY4 Mar 10
Jan
Container
7 Ye
7
*164
7.000
10s%
16 Yi
1
28Ya
433/a
164 Ya
ID/4
10 Y4
*37
28%
25
9
NOV
7 V*
433/a
164
30»%
-
llYa
IDA
40
28%
24Ye Jun
,
11
95
743/4 May
21 % May
,43 Ye
10
.No par
Corp
165%
11%
*38
18%
147 Ya Apr
4
Mar
164 Ya
164%
7Ya
*164
ID/4
11%
5.200
16 Ye
Jun
177
U Mar 30
20
303%
...100
National Cylinder
Ya May 19
38
Jun 10,
Sep 20
153/a Feb
Jan
1%
26%
\l Dec
21%
Can
National
2
20 Ya Jun
16
Nov
/
30 Ya
preferred
National
96
14
29% Jan 23
6
32
10%
790
2.900
57%
5%
6
28 Ya
Oct
130
31%
12%
53/4
5Y4
38%
Sep 27
Apr
313/4
12 Y4
5Ya
36,500
285%
223%
16 Ye
15
Jan
41
31 Ya
.
6%
0
17%
27
X22
.
Prod—No par
85
8Ya
4
common—10
Co
23 Ya
Dairy Products—No par
Feb
167
136
Dec
6% Jan
11%
38
28%
22
Distillers
Jan
11
Oct
11
37 Ya
28%
22
Department Stores-——5
25 Ya
Feb 28
162
12 Vt
40 Ya
16
173%
30%
National
37 Ya Feb
Dec
Sep
12 %
40
17%
17
27 Yt
22
National
Dec
36Ya
12%
23%
16 Ya
31 Ya
24
*30 Ya
National
Oct
190 Y4
12 Ya
*12 Ya
*39
National Cash Register..
National City Lines Inc
17
21
Dec
t/12%
18Ye
2
32
14 Ya Mar 17
107
1
—5
Fibres Inc
18 Y4
May 21
22% May 21
57 Ya Oct 22
243/4 Mar 17
18
25% May
165
Jun
13 Ya Jan
48 Y2
Dec
7%
14 Ya Aug 23
23 Ya
14% May
96
5Yb
Biscuit
20Ya Jan
14% May
17 Ya May
30 Y2 May
5Ya
Battery Co
22
9Ya May 20
<
10 Ya Mar 15
26%
1
—
National Automotive
93/4 May 21
9% Sep 28
May
243/8
National
48
Feb 28
6
Dec,
13 V*
13
31
24 Ye
National Aviation Corp
175 Ya Jun 23
10
Dec
33
30Ya
1
—
National
July- 8
18%
18 Ya
5
..100
Co
National Airlines
8
32 Ya Oct
28
43 %
187
Dec
8«/4 May
Acme
17 Ya Mar 22
20
165
National
45
Mar 18
162% Oct
Corp
Nashville Chatt & St Louis
5
10 V* May 20
5
24
Jan
29
4% Sep 29
83/4 Feb 11'
29
Nash-Kelvinator
21% Jun 25
32% Sep
9
25
—50
Rubber.
Pharmacal
*37
No par
Co..
9%
18
a
32 Ye
*963A
35%
13
97 Yi
*31Y4
.100
*5
17
17
38
*37 Y4
53/4
12 Ya
*12%
18
18
37 Ya
*5
2.50
97%
18
82%
82
37
37 Y4
5%
*5
5Y4
,
81
14
12 %
31%
313%
30 Ya
97 Yr
97 %
97"
43/4
12 %
W/e
43%
43%
13
12%
.
3.300
150
400
4 3%
13
.
1,600
O
27
Dec
38
21
103
Jun
18
26 3% Feb
11
43
Jun
15
16 Ya
18% Jan
17
July
7% May
118
92
Mar
8
Feb
Feb
20
33%
Feb
27
11
9
Feb 25
89
28%
Mar 16
Jan
2
vJan 26
3
23
Jan
5
93
Jan
82 Y2 Nov
3
89
Feb
27
July
51 Y»
73 Y4 Jan
2
80
July 20
Sep
Feb
9Y2 Sep 28
80
Oct
467/a Oct
60% Sep 30
343/4 Feb 13
43% Jan
15% Mar 20
30 Ya Mar 17
A
:
Dec
154
Jan
'
16
181
17
16 Ya Nov
19
x33Ya Dec
50% Nov
25% May
*89% Dec
5
Jun
37% Jun 23
Feb
May
Jan
Jan
23
28 Ya
US3/* Oct 15
9% May
Jan
24
100
Jan
'1»
,50
36% July 13
xl09Ya July 13
12 % Apr 20
163%
19 Ya May
84
Aug
10
22 Ya Feb
133/» Feb
May
15% Sep
24
May
149 Y4 Oct
Apr 14
Dec
Feb
107
86
Nov
2
27 Ya
Dec
68
10
92% Jan
22
Dec
'17% May *
93
27 Ya Feb
Feb
1113/4
Apr
18
.
Jan
35% Dec,
91% Dec
62%
11 Ya Feb
27
Jan
47% Mar 16
39% Feb
129% /Jan
89% Feb 27
108
For footnotes-
Feb
see
30
134
page 24.
Feb
Jan
13
2
29
15% May 17
May 27
73
Apr 13
15
43% May 28
21YaJun 15
36Ya Jan
8
55% July 13
44
July 23
7
104% Jun
147
Mar 18
Ohio Edison Co
4.40%
common
preferred
Ohio
Oil Co
..„No par
Oklahoma Gas & Elec 4% pfd__i20
Oliver Corp common
No par
4Ya%
convertible preferred
;
'
353/4
X32 Ya
36 Ya
35Ya
17 Yi
17 Y4
*31 Ya
*173%
17.3%
173%
323%
28 Ya
29 Ya
*101 Ye
102 Ya
103
Omnibus Corp (The) common..i_6
8%
convertible preferred A—100
*87/e
9 Ye
9
93/4
*90
Oppenheim
*23
100 Ya 101Y4
103 Ya
Collins
10
.....
6%
No par
—100
preferred
Outboard Marine & Mfg
Outlet Co —'
Owens-Illinois
Glass
Co
Pacific
Amer Fisheries
Pacific
Coast Co
1st
preferred
2.50
Inc
common
.5
2nd
preferred non-cum.
No par
Pacific Finance Corp of Calif
10
Pacific Gas & Electric—
—25
Pacific
Lighting
Pacific Mills
Corp
.
No par
.No par
Pacific Telep & Teleg common__ 100
C%
.
preferred
100
/
*39Ya
41
4
'
903%
90 %
•22%
23 Ya
*22 Ya
30
30 Yi
*145% 147 Ya
*145%
563%
53
56
53 Y4
14 Ya
15
•HYa
*9%
10 Ya
16 Ya
85
15
*38%
-
.
10%
72
41
18%
54
147
147 Ya
*80
33Ya
96'
29 Yi
31 h
*16%
18 Yi
136
*90
24
16%
33 Ya
35%
83/4
90%
90
82%
*66
72
99
9%
16 Ya
Ya
*134
17%
29%
82%
18
35 Ye
9Y4
17 Ya
315%
101 Ya
83 Ya
33%
*95%
30 Ya
100^
16 Ya
18 Ya
•53%
*17 Yi
29
1453%
33%.
•
33 %
33%
163%
*9Ya
10
.
95
30%
*22
;
32 Ya
15
15
10
*66,
94Ya
34 Ya
56Ya
56%
*14 Ya
.
30 V4
96 Ya
31
16'%
•
:_10
No par
non-cum
87%
29 Ya
96
*30
*82%
17 Ya
84
56%
8Ya
24
.
1453%
147 Ya
*16Ys
—12.50
32
32'
i *82
90
*23
24
*1453/4
No par
90
91'
31 Ye.
33
17 Ya
32
32
100
Otis Elevator common
303A
.97
.
*66
,
39Ye
.
*9Ya
55
15
10 Ya
72
*66
72
40
40
40
18
I8Y4
327/e
333%
*18
32 3%
51 Ya
*80
.
52%
*14%
*9Ya
♦64
16%
10,800
70
500
85
10
53
4,400
15
300
10 Ya
50
69
600
18 Ya
80G
32 Ya
14,000
51 Ya
52
2,900
33 Y4
1,70*0
523%
50 Yi
51
34
34 Ya
34'%
33
95
96
96
94%
134%
23 Ya
30
147
18%
94%
136
240
32 Ya
*32 Ya
*134
903/4
870
3,300
18%
35%
136
9
33 Y4
53Ya
*134
300
13,000
40 Ya
35
96
17 V*
31Ya
100 Ya
39 Ya
53%
-953%
800
.120
26.600
134 Ya
134
95
330
134
30
.
Volume 168'
Number 4749
THE COMMERCIAL
NEW
Range for Previous
I per share
3% May
21% Jan
7
Feb
59%
Oct
4%
Dec
73/4
Feb
8»/4
Dec
14%
Feb
13
May
40
r
Range since Jan. 1 '
*, Highest
Highest
I perthare
18
July
Lowest
4
6'/2 Apr
Nov
5
40^1 Sep 21
4y«Feb
13
8% Sep 28
13 y2 Mar 16
liya May 21
21
21% Jun
55
Nov
46
Feb
5
66
Mar
92
Oct
20
100
6% Feb
11
96 %
Dec
9y8
Feb
21
July
109
Oct
Sep
27
28
97
Jan
2
Pan-American
105
4%
4%
8
1934
Dec
32%
Jan
18% Feb
11
53%
Jan
34% Feb
10
51
2
Dec
33%
28 y*
7
Dec
May'
Dec
8% May
32 %
Sept
3834 May
* Apr
7
13 Va
29
May
Sep
X107
4% Jan
43
34%
14%
Feb
15% May
2
24% Feb
30% Jun
11
11
6% Mar 16
9
Feb
48%
Feb
38% Feb
ley.
Oct
10
20% July 6
22% May 24
48
Apr 22
Pennsylvania Salt Mfg Co com___l0
120
Apr 22
17% Sep
16% Feb
20
27
26%
Feb
513/4
Jan
37
Oct
18
Dec
118%
Sep
103
Feb
19
55%
Nov
101%
Feb
30
Sep
8
34% July
23
34
May
8% May
13% Jun
37
22
Feo
Jan
12
Dec
18
Oct
May
62%
36% Apr
49 ya Dec
48%
97%
Dec
21%
Dec
23%
Dec
Jan
Dec
69
Mar
109% Aug
27% Jan
29%
86% Feb
5
10% Feb
453/4 Jan
17
1% Nov
6
May
22% Dec
»
4
9
Nov
99
Oct
6
21
7
>
5
24% Jan
5
6
Pet
104
11
14% Feb
May 19
173/8 jun 21
2
Feb
11
20% May 15
64% July 12
40% Feb
13
59
.
>
47
50
Feb
5
953/4 Mar
21% Feb
5
55
24% Jun
4%%
95
Dec
Dec
10% May
21
Jan
85
25
Jan
22
Nov
3
253/4 Sep
104
Jan
21
115% Jan
9
4.4%
91
Jan
28
103% Jun
10
3.8%
20
111
16%
Oct
35%
14
Nov
28
Dec
98% Mar
433/4 Jan
19
Jan
'
Philco
8
1
87
97V4 Jun
3
Dec
109
Feb
85
Dec
101
Mar
83% Mar 17
12
Nov
4
81,
Jan
93
July
87%
Jan
22
Jan
6
88% Oct
63% July
54% Jan 21
Jun
18
12
30%
Apr
38% July
99 Vz
Dec
96%
Dec
10
May
Feb
108
Feb
96%
Dec
163%
Oct
Feb
10
14 3%
30% Feb
25
34% Jan
1
1033/2 Jan
Jun
11% Feb
14
113
11
88
Dec
18%
Jan
32%
Dec
26
16
Dec
16
Dec
12% Feb
11
169
Aug
144 % Oct
6
153/4 Jun
165
Aug
102
Mar
163%
Nov
32 V*
Apr
42%
Feb
May
Ve May
10 %
Nov
15
Dec
140
Oct
7
8
114
Apr
59 %
Jan
157
Feb
16
32% Nov
155
1
Jan
2
10% Feb
11
20
Jun
9
Jan
27
165
Oct
20
73% Feb
28
96
Oct
22
140
Sep
Dec
15
Feb
13
Jan
145
Jan
9
% May
38%
Oct
July 15
10
20%
200
14
393/2 Jun
843/4
May
Apr
169
3
15
13
93%
Oct
July 28
71% Mar
82% May 10
9
26% Oct
23
161
July 7
46'/2 July 13
28% Jan 22
'
■
f per thare
# per share
10
Sep
Apr
21
14% Jan
38
Dec
Lowest
I per thare
9% May 10
33
6
14
46
27
35%
Oct
29»% Feb
19%
Oct
12%
153/8
Nov
12% Sep
12'% Jan
16
Feb
Dec
May
33%
57
Dec
May
153/4 May
Jun
24
28
163% May 20
14'/4 July 12
27
11% May 18
6,000
12%
10%
19'%
30%
110
*29
'
*109'%
1934
173%
19%
•-
.
..
*313%
1%
17%
40
38'/a
108
107.
33
18
Feb
81
Mar 11
94
Apr
15
39%
July
20 3/4 Sep
29
243A jun
27
28% May 25
Feb
5
53
29%
Dec
X25% Feb
5
109% Jan
101'% Feb
13
Feb
11
x25
24%
Dec
20% Oct
1
103%
Feb
7% Feb
803%
Feb
153/4
Jan
•109%
18 3/8
18'%
18%
'
38%
:
18%
38'%
92%
105 ?•
333%
•32%
94
943%
110
*109'/2
18%
18%
95%
94
1A
1/*
1%
14'%
12%
9'/a
9'%
9%
26%
26%
26
991/4:
123/4
*
9
100'%-
993%
100'% "
99'%
133%-
113%
12 y4'
12%
200
95
9%
*99
2,100
943/4
*12%
27
36,800
32 y8
9%
26%
12%-
18 3/2
313/2
1%
28'%
10,600
109
-•
33
14%
*13
i
38'/4
38'A
.
*106
:
18%
17'/a
38%
105 %:
100
110
17%
1.'.
iy4
123/4,
400
1,000
52,400
l/ff
14
♦11
100
93%
,
42,000
26'/a
700
"
*98'/a
1
10O '<•••
12 '
-12%:
70
■vs
*
4,400
193%
18%
18'/a
18
l8'/4
17'/2
18 V*
53
2,900
50
51
51
523/4
493/4
52'/Si
54
55
55%
563/8
53 3/4
56'/a
4,900
23,400
513/2
51%
560
993/4
99%
320
533%
.
22%
23
*22'%
■
108 »/2
106
52
52
100%
99'%
99%.
22'%
22%
22%
22%-'
22%-
108'%
*94%
533%
53
100%
102
95
108%
95
106
-
22%
11
108%
22
108 3/2
95
51%
*943/2
22%-
! 22'/a
223%
108'/a
108 Ve
22%
108%
95
105'%
105%
•1053/8
20%
20%
20%
18%
19'/a
40%
.
*82%
,
22
36%
41
41'%
83
83
83%
36%
36%
3 7 9%
*85
88'%
*85
*88
106
106
'
38%
84Va
*83'%
35%
35%
86
*83'%
85
7,800
900
•
1
-
18%
36'/a
*84
84%
; 343/4
37
•87
93
*83%
"
'
393/4
39%
93
22 »/4
'
943%
933%
107
*106
20
343%
'
106 '
193/4
38'%
*85
1081/2
95
*83'%-
93
'
\370
~
40%
•i
«•
22%'
95
20%
.
'
1001/2.
22%
'
1081%
52
*99 y?
85
87 •
20
>
39
700
*
*
TO
19,000
9,800
843/2
120
36%
22,000
873/4
200
65%
'65'%
66
x61%
62'%
62 "4
63%
60'/a
13
62%
*11%
14%
*11%
143/a
•11%
14%
♦11%
12 '/a
65
*11%
♦33
*85'/a
Pittsburgh Young 8b Ash pfd
Pitts ton Co (The)
100
1
133%
88
333%
32 3/2
133%
*85»/«
12
333/a
*82'/a
33%
85
*11%
'
12
*873/4-
'
12 3/4
*873/4
90
33%
33'A
'
30
200
90
10,900
1,400
101
100
100
*100
100 ya
140
*107
133%
333/4
•100
993%
115
*107
12 y8
115
*105
115
*105
115
12'%
88
*85
131/4
12%
88
*85
'13'/4*
88
12
*85
•
123/4
3,800
88
33
33 3/a
33
333/a
30 3%
20%
-
20%
21
21
19 y4
149
*143
149
•140
148
*140
148
••
*140
144
165
*161
165
161
161
•160 «/4
164
•
160
160
*9
5%% 1st ser conv prior pfd—100
Pittsburgh & West Virginia
100
33%
99%
115
13%
par
1
100 :
*107
com—No par
1
33%
100
•
12%
*161
34%
343%
9'%
*17%
*170
18
.
190
943%
94%
35%
34
9%
173%
32%
9'%
8%
183%
16'/2
*165
190
94
95
90 '/2
*165
31%
31%
19 y4
19%
34
34
8%
19%
163/4
•165
91
18 3/2
33
34%
8%
163%
190
30%
/333/a
8%
6,400
193/4
I 1,100
17%
15%
*165
"30
34%
11,800
8'/2
3,300
5,100
8 »/4
190
90'A
32%
163/4
190
92%
88%
92'/a
430
*76%
78%
*76'/a
78 3%
74'%
75
•75
76
74%
74'/a
110
233/4
24'%
*233%
24%
22'%
22'%
*22%
23%
20%
213/4
900
*145
150
*33 %
34
*145
150
33'%
•143
34
31
148
*143
313%
*140
148
32%
32%
31
148
32%
4,700
LOW AND HIGH SALE PRICES
STOCK
Saturday
Monday
Oct. 30
Par
Plough Inc
Plymouth Oil Co
.—5
Wednesday
Nov. 2
I per share
Thursday
Nov. 3
Friday
Nov. 4
< per share
Nov. 5
$ per share
*10
10%
10'%
10%
•10
10'/a
•10
*46%
47'%
X43'/a
443%
44
433/2'
44 y4
43
Potomac
No par
143%
133/a
*8
*27'%
66'%
143%
133/8
8'%
29
*44»%
45
STOCK
*10
433/2
433/a
13 yi
13 y4
3,200
13%
13%
22,300
7%
8,800
14%
EXCHANGE
123%
13
CLOSED
13i%
13'%
13%
13%
13%
133/4
7'%
7'/4
7%
*27'%
28%
ELECTION
66 5%
66%
66 3%
DAY
*27'%
28
65%
66
66
100
43
133%
7
Shares
44
13%
8%
10'/2
40 3/2
14%
8
Sales for
the Week
I per thare
10%
44'%
443%
47'%
443%
463%
1
Pond Creek Pocahontas—
Industries Inc
$4.75 cum preferred
Tuesday
# per share
5
'.
Publicker
I per thare
Nov. 1
*27 Ve
r
7
9,200
700
100
28
27
27
66 3/8
65%
66%
4,100
13,600
5
253%
26'%
24 5%
25%
223%
23'Za
23%
24 3/8
21%
233/4
—No par
*86'%
87'%
86 3%
86%
85
85
86
86
87
87
*38%
38%
38%
38%
36 %
373%
37
37%
37'A
25
Pub Serv El & Gas com——No par
36'%
6,700
22
22
22%
21
21%
213/8
21
21%
5
May 18
108'/4 Sep
3
33
110
1,200
7,500
'
Public Service Co of Colorado—_20
42
Jan
29
6
26
30% May 15
61%
25% Nov
36'% Nov
3
51% May
21% May
106% Oct
11'/a
19%
20
4,000
58'%
22%
—5
Procter & Gamble
32'% Jan
11'/a
19
30
90
71% Jan
Feb
11%
20%
*873%
353/4 May 21
9
11%
20 1
*29
107 ya
♦31 »/3
97%
10%
20
30'%
12%
11
Jan
Mar
1,000
46%
90
16
38%
20
30
46 ya
85%
25'% Oct
Feb
293/a
46'/a
*873%
621% Feb
36%
30
46
»
*12Vau
Feb
102%
Dec
30
46
12%
Nov
Sep
Dec
24%
30'A
2,000
'
86'%
43
Jan
30'%
45
900
8%
90
71%
323%
13%
8%
*87%
Poor & Co class B
No par
Electric Power Co
10
Pressed Steel Car Co Inc com
1
4'%% conv preferred series A__50
7
30% May
85%
13
87/8
58
EXCHANGE
4
27'%
13%
*12 3%
there
703% May
26
12%
51%
*52
—No par
NEW YORK
121/4 July 28
Jan
193/4 May
11% May
9
t per
28
*271/3
8%
19%
Pittsburgh Screw 8b Bolt
No par
Pittsburgh Steel Co com—No par
7%
preferred class B_
100
5% preferred class A—
100
Highest
,
7,500
57%
*143
Range since Jan. 1
Highest
4,600
8%
STOCKS
Year 1947 \
Lowest
2%
26'A
53
Pitts Ft Wayne 8$ Chic Ry com—100
7% gtd preferred
100
Pittsburgh Plate Glass Co
lo
Range for Previous
1,000
2ya
25%
19%
*100
.
10o
$5 convertible preferred—No
Pitts Consolidation Coal Co
Pittsburgh Forgings Co—
361/a July 15
233/2 Jun
Feb
8
May
10% May
171
93
Mar 16
Jan
67
17
203
84% May 12
43
2%
new.No par
com
Pitts Coke & Chem Co
10
42'/2
48,000
57%
Pillsbury Mills Inc common
25
$4 preferred
———No par
Pitts C C 8r St Louis RR—
100
Sep 13
43%
20
21 y«
52
,
—100
Phillips Petroleum
Phoenix Hosiery
8
98 % Apr
110
102
20 %
100
Phillips Jones Corp
5% preferred
7
*100'/a
21%
26 3%
100'%
*19
1,000
2%
*27
12% -12%
13,400
26%
28'%
100%
.
3
preferred
i—
3.60% series preferred
5
May
93%
*27
1.100
4%
92% Aug 31
77% Jun 15
12
143%
.
102
73/4
22 '/a
13%
8'%
"
13
50% Mar
Corp common
preferred series A
Philip Morris 8b Co Ltd common—-5
7
133/2 Sep
i tf
7'%
22»/4
8
22%
13
21%
39
110
.
47
19%
.
*43
94
30%
97'/4
1%
9%
1
——
33/4%
98
*12
/
—
9
July
27
108
31%
"
1
—10o
preferred——L——100
preferred
—100
91
37% Nov
19%
*96
common—No par
45% July
22
26%
19
403%
31%
5
Phila 6c Reading Coal 6c Iron
Sep 29
25% Mar 16
88
Co
preferred
4.3%
27
*109'%
110
•■*108
.
100
,
21% Oct 22
81
Dec
Jan
19'/4
$1 div/preference com——No par
8
25%
12
19
403/4
■<
—
120% Aug
109'/a Aug
8
18%
No par
Corp.of America
Electric
2%
25%
*29
110
___33%c
common
preferred
Petroleum
Phila
14
Jun
Co
43
2%
21%
21
30'%
♦109'/2
Pfelffer Brewing Co
No par
Pfizer (Chas) & Co Inc
—1
Phelps-Dodge Corp
—J—
25
Philadelphia Co 6% preferred——50
' $6 preferred
-No par
July 13
May 19
104%-May 15
26
Milk
42
2%
26%
27
13
20%
aoq
—100
Pepsi-Cola Co
30% Jan
9% Feb
•12'/a
7
.
series A pfd
conv
25% July 30
98% Oct 28
1033/4 Sep
111%
_10
Co
Peoples Drug Stores Inc———5
Peoples Gas Light & Coke__
100
Rights
Peoria 6c Eastern Ry Co_
100
7
112 Oct 21
20% May
Corp
—
3 'At %
433%
2'%
26'%
47
Penn Glass Sand Corp com__No par
5% preferred
_100
Penn Power 6c Light Co
No par
Pennsylvania RR
-50
Jan
20%
30'%
Penn-Dixie
14
*100%
21 y«
47
Penn
Jan
100'/a
20%
30%
1
112
100'%
2234
*30%
7
500
4,300
102 V2
8%
2
15%
57%
21%
13%
15% Jan
Coke
DAY
15%
54
'1011%
8%
34% May
28,200
*93
2134
13%
213/8 Nov
9
58
7%
8%
10
8V2
153%
22%
13%
11
52.600
93
102%
47
3,000
43/4
9'%
,
4%
15%
7%
8%
No par
4,500
43%
573%
92%
22 y«
43'%
Shares
4y4
46
16
6%
•13%
Penney (J C) Co
4
46
57'/a
22%
5
1
43%
92%
15%
8%
.
the Wfek
92'% *
22%
No par
Enterprises
Penick & Ford
Cement
V7'
21
Sale* fur
/"
55
.
ELECTION
8%
No par
8b
CLOSED
Not. 5
I per there
461%
45
22%
27
16
22
8%
23
27
28% Sep
109% Get
93
2%
26%
Sep
15% Feb
Jan
16%
59'%
43%
Feb
.
8%
92'%
•2%
7
&
8%
59%
26 %
Jan
Coal
8%
*16'%
43%
2.50
Transportation
Mines
EXCHANGE
16%
1
Apr
May
Jun
Patino
4%
93
21%
493/4 Jun
27
38
81V*
Parmelee
18
43%
59%
•101%
i
4%
•59%
1
24%
22
Dec
May 17
163/4 Jun
37
Co
STOCK
•92%
No par
Proof
4%
44»%
9%
_100
43%
4%
43'%
9%
Frldiy
;
• per ehare
4%
934
8%
Thursday
Nov. 4-
-
thare
47%
5
•22%
36
-
111
45%
10
24
Sep 28
Rust
I per
43%
*16
1
Nov. 3
I perthare
47%
4%
1
Parke Davis & Co
Parker
'4%
49
47/a
No par
com__
convertible
Park & Tllford Inc
Park Utah Consolidated Mines
May 21
3% May 17
333/4 Jan
29
117
Dec
Mar 16
Nov
Dec
18
Feb
2
25% Sep 27
38%
Dec
15 Vi
Jan
'
93/8
5
Wednesday -
Nov. 2
# per thare
4%
100
preferred
Paramount Pictures Inc
26% May 27
Sept
Transp
preferred
Paraffine Cos Inc
May 27
37
&
Panhandle Prod & Refining
21
Jun
Petrol
4%
-47%
Tuesday
Nov. 1
I per there
Panhandle East Pipe L com—No par
11
May 17
11% Jun
Per
Pacific Tin Consolidated Corp
1
Pacific Western Oil Corp.
10
Packard Motor Car
No par
Pan American Airways Corp
2%
6
(1917)
LOW AND HIGH SALS PRICES
Monday
Oct. 30
.
623/4 May21
5% May 17
109
Jan
CHRONICLE
RECORD
Saturday
EXCHANGE
$ per share
Dec
5%
STOCK
NEW YORK STOCK
-
$ per share
Jan
%
90
YORK
FINANCIAL
STOCK8
Year 1947
Lowest
&
July 12
$1.40 dlv preference
Pullman
com
com—No par
Inc
22
263%
26%
26%
26%
25%
26%
26%
25%
26'/4
14,400
6,700
38
38%
39
36 3/2
38%
13,300
32%
33
33%
30 3/2
33
40,600
107 %
107 3/2
—No par
39%
39%
39%
39%
36%
No par
343%
35
353/4
35%
*31%
100
*107%
IO71/2
107'%
No par
*30%
31
30%
303%
28 %
29'%
*22
23
*22%
23
22
22
Pure Oil (The) common
5% conv preferred—
Purity Bakeries Corp
253%May25
Quaker State Oil Refining Corp__ 10
20
15
Radio Corp of America com—No par
63 3% Feb
11
6% Oct
7
753% May 27
11% May 19
107%
108
108
170
21%
263/a
107'/a
30
•21%
293/2
30
*21
22
1073/2
600
30
1,100
22
200
R
7% May
68% Dec
81/4
Dec
94'%
Dec
105'% Mar
91
Mar 31
Jun
17
98'% Jun
4
34% Jun
18
28% May
17% May
41
Feb
Dec
28
Sep
22% Feb
30
32
20
x36
July 28
32%
38'%
Feb
31
Jan
28
35
May 17
Dec
16% May
22'% July
163% Feb
20
27% July 12
37
Dec
48'% July
36'% Feb
24
45
33
Nov
39
31
Feb
16
39
10'% Feb
24
15% May 27
105'% July 12
9'% May
July
18%
Feb
96
Oct
11
May
16'%
Feb
108'% Mar
101
Jan
21
11% Feb
11
9% Oct
13
18
>Apr 27
Jun
2
May 21
$3.50
Dec
14'%
Nov
29'%
Feb
21
Oct
6
173%
Feb
9
Nov
3
62
84'%
Feb
57
Oct
27
Dec
12%
Dec
17
Aug
10'% Nov
96
Nov
102
Jan
95
Nov
3
24%
Jan
33% Oct
9% Jan
16
Oct
21
4% May
5
141% Jan
7
25'% May 21
13% May 24
66
^Aug
4
151/4 May 21
99
Aug 24
293% Jan
7
63/4 Feb
10
3%
Dec
8%
Feb
2% Oct
13
9%
8
5'% May 20
Dec
15%
Feb
6 3% Oct
15
11% May 21
22'% May
101% Dec
30%
Feb
22% Feb
11
333% Oct
14
May
91
Dec
For
113% May
24% Feb
110
footnotes
Apr
see
page
103
Jan
5
15% Feb
10
82% Feb
17
133% May
23
111% July 14
21'/4 May 15
102
Oct
21
preferred
No par
1
pfd
Raybestos-Manhattan
Rayonier
$2
100
—No par
12%
*69
13
13
13%
11'/2
12 y8
69%
69%
69%
68%
68%
8'/4
8%
8%
7%
7%
12
69%
11%
12%
69
a
12'/4
*67 3/2
69 y8
900
7%
7%
18,900
122,100
'
8%
*91
94
*91
93'%
*31%
32
•91
7%
*91
f<3 '/a
91
93»/a
30 «/2
*29
30%
29
29
31%
31%
1
323/4
32%
32
33
28%
30%
32%
32%
*32
32%
32%
32 y»
24i%
29'%
7%
93'/a
25
Inc common
preferred
30%
*32
400
31
27%
30%
'7,300
32%
32
32%
1,700
3,900
24%
25
25%
23%
24%
22 3/4
23 y4
4%
non-cum
1st preferred
50
*42
43»/2
*42
43%
*40'/a
43
*40%
43
40'/2
41
500
4%
non-cum
2nd preferred
50
*37%
37%
37'%
37%
•37
37%
*37
37%
37
37
400
Hosiery common—
preferred
5
100
*13%
14
14
14
13
13»/4
13
13%
104
♦100
104
Reading
Co
common
Real Silk
1%
Reeves
Reis
12%
20% May
10'A Dec
1st
Radio-Keith-Orpheum
Ralston Purina Co 3%%
Bros
50c
Inc
24%
*100
*13%
13%
13%
13%
..
♦100
13%
104
13%
div prior
Stores
preference
Corp
Reliance Mfg Co common
Conv
pfd 3%%
series
Motors
10
»93/e
9%
9%
9%
*9%
No par
*22'%
23%
*22'/4
23%
*22 y4
—5
*9%
Inc
100
*56
50c
25
*97
1
Remington-Rand common
$4.50 preferred
17
113%
10
10
10
9
58
*56
58
*56
113%
98'%
17
11%
*97
17%
93/2
23
9%
58
11%
10%
11%
98'/2
95
95
18
16%
17'/4
9%
9'%
9%
9%
8%
9
50c
2%
2%
3
3
2%
3
10
''63%
7
6%
6%
6%
6%
Republic Steel Corp com
No par
6% conv prior pfd series* A
100
32'%
32%
32%
33%
29 %
111%
20%
*109'/2
110%
2 0%
108'/4
100
*100
100%
100
Republic Aviation Corp
Republic Pictures common
$1
24
*99
13%
104
13%
*12%
*99
13
13 V2
500
104
13'/4
1,500
(Robt) & Co—
$1.25
Reliable
Reo
50
convertible
preferred
1
Revere Copper & Brass com—No par
5 'A %
preferred
100
►108%
20
100
19%
17'/2
31
108 y4
18%
100
9%
23
10
•55'/2
10%
*94
173%
9
3
9%
23
10%
58
11%
96%
17%
•55%
800
100
1,300
58
10'/2
*94
17 '
10%
20,800
96'/a
100
17 y4
3,200
9 '/a
10,800
8%
3%
2%
3
6%
6%
500
29 y4
30%
91,500
108%
108%
19 Ye
12,200
31%
18%
10
9%
30%
•100
9%
23 Ye
9%
6%
*6%
•108%
9%
♦22'/4
111
19%
18
100 y4
100
10O
4,600
200
220
24.
—
22
COMMERCIAL
THE
(1918)
STOCKS
Range for Previous
t per share
6% Dec
19%
Jun."
90
May
9
May
36% May
45
May
85
Dec
19
Apr
13%
Jan
23'/a May
5% Sep
Highest
I per share
5% Nov
Jan
19% Feb
27
Jan
92
11% Feb
44 %
Feb
34% Nov
50 Va
Dec
2
1
26
49
Jun
21
Richfield
Aug 11
28
Jun
15
Ritter Company
!
Roan Antelope Copper
18Va
Dec
15 Va Jan
Feb
21
4% Sep
July 12
29 Va July 12
5
23% Oct
8
24%
42 Va May
68%
Oct
54 Va Jan
22,
17 %
Dec
26% Feb
9% Nov
5'
40-
Jun
55 Va
Jan
39% Feb
72
Oil
4%%
Ruberold
18% Jan
8
Ruppert
61% Jun
9
St
47
32%
32'/a
24
5%
32%
"23*2
5%
CLOSED
*81'A
47%
9%
>
5%
5%
19,300
23%
217A
22 %
4,000
102 Va
101'A
102%
7%
6%
7 Va
1,300
35%
36'A
34%
35%
11,800
-
48
83%
47%
*81%
'20%.
20'/4
20%
47 Va
*47
84
*82
31%
30%
31%
*22%
23 %
22%
22 Va
5%
5'A
5%
5%
5%
9'A
97/a
10%
10%
3,600
31%
22 %
22%
5 %
5%
4,900
9%
10%
17,000
11
11 %
27%
28
25 %
25 %
26
26 Va
25
23V.
23V.
21%
22
23
23%
21
20%
63'%
11
19%
20
20
21
20
32,500
500
"•
1
i
'
26
2.000
22%
2.000
20%
—5
*10%
11
20%
63%
11
——10
c—No par
54 %
55
55
55%
51%
52%
52%
54
49%
53
13%
13%
13%
14
11%
12%
12%
12%
10
12 3A
29,000
*43%
45%
45 Vs
45%
42 Va
43
43 Va
43%
43
43'A
6,600
*20%
—1
—No par
(Jacob)
20%
170
500
"
1
29
,
23
23
47%
20
1
27J/a
*27
320
84 Va
18%
11
10%
for
Shares
22%
,
29
DAY
the Week
thare
102%
7%
4
20
33 V.
24%
5%
5%
Sales
f pe.
35%
•35%
ELECTION
82
21%
5%
22 3
102 %
7%
47 %
81Va
21Va
.—2
(The)—'
Co
48
t per share
7%
21%
EXCHANGE
Friday
Nov. 5
Nov. 4
102%
STOCK
8
36%
21%
——25
Royal Typewriter
May 28
8
30
81 %
Mines
preferred
cony
8%
36%
*23
com—1
5%
5%
24%
5%
24%
48
No par
Controls
.
i03Va 103Vn
81Va
'
No par
Corp—
5%
24%
Thursday
Nov. $
f per share
I per share
$ per share
104
Wednesday
Nov. 2
21%
100
—1
Ronson Art Metal Wks Inc
11
27% May 27
Mar 16
17
Sep
series.:
3.60%
Robertshaw-Fulton
12
14
15% Mar
Preferred
Rheem Manufacturing Co
7% May 21
29
5%
24 Va
--10
Common
8
May 18
31
Oct
*7%
36%
Jan
5
6
6% Feb
19%
1
10
Reynolds Spring
Reynolds (R J) Tob class B—
Jun
14
Nov
**102%
50
Oct
18% Nov
20%
5
94
May
80
Feb
10% Mar
22
24 Va
46
Feb
25%
104
Rexall Drug Ipc
z.2.50
Reynolds Metals Co com
No par
5Va% convertible preferred
100
May 1§
41% Jan
5
t per share
Par
SALE PRICES
HIGH
AND
Tuesday
Nov. I
Oct. 30
-
;
11% May 26
5
6% Nov
share
29 Va Apr
104% Jan
Mar 19
16% Feb
per
S
5
39
124
19% Feb
Dec
18
i
t per share
LOW
Monday
Saturday
STOCK
Monday, November 8, 1948
RECORD
-
EXCHANGE
Highest
Lowest
YORK
NEW
Range since Jan. 1
Year 1947
Lowest
STOCK
YORK
NEW
CHRONICLE
FINANCIAL
&
'
64
64
'
61
*
'
61
63
10 Va
1
61
10%
10%
10%
Va
62
5,700
63 %
10%
9%
1,400
1,600
S
•k
24
5% May
12 Va
Jan
8% Feb
11
May
37 Va
Dec
32% Feb
11
6
48% May 15
Dec
68%
Dec
67
Jan
2
139% May 28
Dec
60 Va
Dec
58
Jan
29
Oct
8
Feb
13
13% May 27
79
Feb
18
91 Va May 20
18
66
57
.
9
12
Dec
98 Va
X20
Dec
July
26% July,
17% Oct
19-
108
;
Jun
80
Dec
114 Va Mar
107% Sep
7% May
11 Va
Feb
8% Feb
21,
10
23% May
55%
Jan
25 V2 Mar
16 Va July
5
-
40'A
Dec
49 Va
Jan
Dec
103%
Sep
88
90
Dec
102% July
21% Jan
13% Nov
83'/a
Dec
51
5'/a May
30% May
Oct
11
6%
Dec '
10% May
Dec
101
20%
Apr
Jan
9
7
3
15% Jun
98 Va Mar
79
Oct
7
87
.
12
43%
Dec
16%
Feb
16% Feb
Jan
110
30% Dec
13%
—z.100
*81
preferred
35% Feb
11
59% May
6
Seaboard
Oil
—
5% Mar 17.
Feb
Seeger Refrigerator
8V4 May 15
26% Feb
26
■
Jan
$4.50
31
35% Jun
11
i
22
40%
Oct
30
11
46% Oct
May
33%
Jan
Feb
17% Feb
11,
2-7% Jun 10,
Dec
68
25
78
Aug
4.
15 Va Jail
Mar
9
13% Oct
20
11
Feb
Feb
Apr
14%
Dec
21%
Feb
11%
Dec
22
Feb
12 '
24V< May
35 Va
46% Jun
Sharon
5Va Nov
5.
t% Jan
5
4
6%
Feb
4% Feb
5
7 Va May 18
Oil
Steel
$3.50
15
9 Va
Dec
Feb
28% Feb
6% May
8
8"
Co..
2,
Shell
.
Co„—
Oil
Simmons
30
51
Feb
35'/a Mar 13
44
Jan
Simonds Saw & Steel
Mar
65
117%
Feb
Dec
92 '/a Feb
Oct
18
11
166
10
.Jun
21
May
Feb
11
25% Oct
23
28
35% Jun
Skelly
3
Oil
Co
(A
O)
87% Dec
39 Va
Oct
102% Jun
Dec
35 Va
Jari
13% Mar
17%
Dec
23%
30% Mar 17
39% Jun
18
81
Sep
9
90
Apr
19;
911
29 Va May
Sep
29
19% Feb
14% Feb
5
96
3% May
"5%
Feb
Oct
8%
Jan
Nov
54 Va
Apr
14 y8 May
22%
Jan
5%
42
11
Nov
5
3% Nov
17
52
Jun
7
12
Aug 11
9
23
Jun
16'
5
'
6
Oct
22
16% Jan
8
60
Amer Gold
South
22
Carolina
5 '/o
Platinum!*.
&
E
&
G
Co
5%
29%
29%
29%
27'A
28%
28
28%
27%
28%
38
37
38%
37
37
24%
24%
24%
23
24%«
31
",*81%
""*90%
*19%
?
*99
*3%
g%
99%
4
59%
t per share
15
May
4
Va May
8
May
73
Dec
23%
Sep
8
Feb
7%
Feb
14% Jan
93%
Jan
Lowest
I per share
15
Mar
10,
Feb
26
20% May 20
7% Jun 25
5% Sep 27
8% May 2T
4
63
Aug 25
22% Sep
20% Feb
May
17%
Feb
Dec
90%
Feb
7% Mar 16
61Vs Mar 17
15% Feb 16
13% May
18%
Feb
27
45 Va
Jan
Nov
27
20
Nov
112%
Feb
21% Aug 19
95 Vs Oct 14
23% Dec
37 Va
Jan
22
99
83
Dec
102
Aug
Sep
27
•
2
Spencer Kellogg &
30% Jun
18
Sons.—'.—.!—1
Sperry Corp (The)..——'_
.1
May 14
Spiegel Inc
Conv
23% May 15
29 % Jan
104
2
Jan
29
29% Jun
.
3
z___2
common..
-
*
*15%-
r
preferred.!—z.No par
Squar- D Co
—z__z—!.__5
Squibb (E R) & Sons common.—1
$4
———No
preferred
Brands
Inc
par
79% Oct
18
May
36%
Jan
19 Vs Feb
27
81
May
May
114%
Feb
86
Feb
11
109% Oct
22
125
Feb
97% Feb
27
121
50% Mar
63
July
54% Jan
27'
73
Jun
22
15
37% May
44% July
36% Feb
13
53
Jun
16
63
Mar
23%
Jan
94
Dec
80
July
31% Aug
10
27% May 15
,
Oct
$3.50
preferred
69'/a Feb
11
92% Jun
15
Standard
Oil
of. New
Jersey
24% Feb
27
35
Jun
14
Standard
Oil
of Ohio
common
89
Oct
14
97% Jun
11
3%%
23
Standard
Feb
11%- Feb
10
15% Oct
41%
49
Feb
38
Feb
11
43% May 11
Feb
16
41% May 26
preferred—_i
50
Starrett Co (The) LS
—No par
6
Steel
Spring
37
May
47
Oct
37
12
May
18
Jan
11% Mar
15% May 21
Sterchi
34
Dec
49
Jan
32% Mar 12
39 Vj Jun
8
Sterling Drug Inc
88
97
7,
Stores
Feb
10
Nov
36%
Oct
26% Nov
3
36 Vi May 21
Stevens
13Va May
19%
Feb
12% Feb
11
16% May 26
Stewart-Warner
14% May
24%
Oct
20
18
Jan
2
Stokley-Van Camp Inb
24
20
Jan
8
6
21%
Jan
10% Sep
15% Sep
10 Va May
17
Feb
11% Jan
16
25 Vs
Feb
16 Vs Mar 16-
19 %
Jun
May
Jun
3%%
preferred
(J
P)
■
.
'
'■
"
l.z——L100
& Co
per
1
29 V4 Jun
15
liVsJan
7
5%
V
30
59%
29Va
29'%
'
*36%
29%
28 Va
57
81
25%
'
900
130
15 %
:
5%
15%
5%
9%
67
'■
24%
27%
37%
9%
67%
5
*67
28%
.
24%
26%
,
9%
8%
•
,
67% :
67%
"
16%
"
16%
17'
24%
25
24 Va
24%
c
95'/a
96'A
96%
,;
22%
22%
22%
23%
80 3 a
'"s
21%
"67
5%
5%
•'
■
24%
28
,
7,800
-
200
2,600
15,200
9%
16,300
220
67
,
81
80%
21%
22%
16
7,900
24%
1,900
*95%
96 Va
180
22%
82
17 %
24%
,
23%
13,000
*81
19%
22%
110
82
22%
103
104%
106
100
104
111
" ''
'
.
69
103
'
'1,200
15%
15%
69
24%
24%
Shares
'
*
6%;
*67
69
Sales
the Week
5
$ per share
5% '
*5%
for
Friday '
Nov
Nov. 4
113%
111%
115
109
113
24,900
3,300
3.300
69'A
70%
65
67
66%
68%
66%
68%
24,500
47
43
44%
43%
45%
42%
45 %
13,200
79%
79%
81
27%
27%
*89%
92
14Va
76
77%
25
.7
92
27%
*89
77%
78%
73%
78%
76,500
28%
90
29
27 'A
28%
30,900
90
90
100
14
11,200
*89
90v
*
14%
15
13
*40%
42
40
40
*40
'•
*38%
40
38
38
38
38
14%
14%
14%
13%
13%
13%
13%
34'A
34%
33%
33 Va
40
64
70%
45%
27Va
41 Va
33,700
25,500
63 %
95 Va
-
119
8.100
v
56 Va
46%
69%
16
106%
*118
28%
2,800
52'/a
1 per share
5%
9
/
<
^
2,700
37
"
5%
26%
96
24%
40%
43%
,
Thursday
,
15
23%
DAY
106%
-2,300
29%
27 Va
28%
56
100
200
13%
40%
37%
29%
46
*67
CLOSED
ELECTION
~
34 %
91
*88
91
27%
27%
27%
14
14'A
12 Va
16%
16%
16%
18
12 Vs
18
26%
27%
26%
13%
13 %
33%
91
*88
14%
13%
40%
200
38
38
600"
13%
40%
13 Ya
900
5,200
*40
,
343/8
33%
34%
91
89
89
100
,
27%
12%
26%
26%
27
27%
26 Va
27
9.400
127/8
18%
12%
-
*87
27%
13%
17%
"
41%
29 %
5%
EXCHANGE
10%
*13%"
L_l
40 %
*36 Va
'
28%
Nov. 3
29%
*16%
1
12%
I per share
STOCK
23%
68 %
—_!!__1..20
(The)—'
*53%
13%
5%
68 %
95'A
.
57
57%
13'A
4Q
15,300
46
57%
29%
5.200
8 Va
7%
*41
56%
15
26%
22%
80%
34'A
8%
46
13%
Wednesday
t per share
69
3%
3%
3%
8%
*42
45%'
Nov. 2
16%
22%
*88
400
'
SALE PRICES
Tuesday
share
96V4
*39%
•
96
55%
17%
*14%
.
96
70%"
25%
*40%
.
99
64%
17%
14%"
88,300
69
25Va
79%
18
65%
25%
27%
19%
17%
•
57%
38
100
19%
18%'
3%
3%
•7%
26%
f'
.
99
44%
*35
100
91
91'
20%
71
17%
"10
45%
*19%
83%
*82
-
17%
•
-
*64%
.9%
116%
69'A
*91%
*09
68 %
83
83 Va
*90%
46%
64%
9%
24%
106%
*81%
•
44%
>i
6%
26%
l'
•
29%
48%
*6
"
92
39%
38
.—No par
Studebaker Corp
3,400
83%
*90%
13'A
' 30%
common—1
prior preferred
Stone & Webster
35
*5o
,
18% July
33%
3V8
13 Va
*67%
*89
5
_—z_—
35
7%
6V4
"-*67
45%
Inc..I—....15
Corp
33%
44%
%
6
116%
68%
5
common
Dec
30%
3,400
33%
65%
16%
26%
24%
1
common
%
6%
*81
Inc—1
88
104% Mar
i
8%
Nov. I
,6
*105%
convertible
Bros
4
96 y»
10
17 Va
4%
4,600
28 Va
98%
22%
.
100
10% May
Jun
22%
26%
*96
25%
25
preferred series A_1
21%
29%
99%
17%
'
z.No par
Jan
105
23 Va i '
29
*81%
i
*
,
Monday
16%
69
:
"
..No par
preferred—i_x
prior
*
LOW AND HIGH
29V*
'
*
Standard G & E Co $4 pref__No par
$6 prior preferred—.
No par
$7
5,000
22%
71
65
*69
'
*26%
,
Standard Oil of,California—.No par
Standard Oil of Indiana
25
89
91 '/a Jun
1,300
126
29
18
'
*67."
com—No par
17 Va
;5%
*6
$4.50
Standard
r
t per share
...
May 15;
;•
48
t
Saturday
par
29% Jail
14
59%
■.
'Oct. 80
5
74
29%
65
•
Jan
73
•'
'
•'
•
41%
IV 29%
71
.1
*
-
Spalding (A G) & Bros Inez—1
Sparks Withington——z—!zNo par
Spear & Co common——!——!__Zl
$5.5o preferred
.No par
,
41
*36%
29%
1
• *69
•
"
S per share
"•
61
29%
*64%
.
•
i
STOCK
EXCHANGE
;
'
'
NEW YORK
Highest >"
31% July
24% Oct
16% May
68%
20%
38
5%
non-cum
preferred—.100
Mobile & Ohio stock trctfs.,
100
Range since Jan. 1
Highest
$ per share
41%
<36%
" 29%
STOCK8
Year 1947
4,200
84,100
-J
23
20%
45
13%
59%
*40%
.25
Edison"—11.25
*29%
-
8%
47%
Range for Previous
118
6,000
'
*1974
*59%
47 %
Lowest
127 Via J
5,600
28%
xl7%"
*44%
;
No par
6
^
20
3%
8%
common..-No par
July 12
1
20%
19%
Southern
Jan
127%
,
13,300
•
33
■
.
33 ya
93
>>*19%
20
"Sbuthern
70
127
23
-
36%
*81 Va
20%
9
73
"
125
31 Va
*90%
23
13
23
'
24%
.
100
19%
,•
83
50%
20
132%
35%
92"
Apr
Oct
.<
31
35%
.—7.50
69
*36
24%
,
Southern Natural Gas Co
58% Feb
,
26
132
24 %
30%'
30% July 12
Aug
■
40
25%
132%
20% Feb
81
'
J{
Feb
Nov
...
*39
39
28 Va
68
39%
4%
July
57% May
400
4%
13%
jCo
14%
6%
60
Pacific
2,900
,*13Va
.
10%
37%
*13%
Railway
14%
200
10%
5%
Southern
62% July
'
4,700
78
4%
30 % July " 9
50% Jun
'
10,900
24
5 Va
42% Jan
11
42%
V.
40
%
4%
43% May 24
11
10%
.37%
6
36% Mar 17
43% Feb
*75
40
25% Mar 16
33% Feb
! 22
76
5%
37
Dec
24%
76
38%
Jan
Feb
•41%
23%
76
5%
Dec
Jan
41%
23
76
39
Jan
50 Va
41%
22
5%
34 Va
77
40
25
38%
42 Va
May
'
45
5%
56
28
7.500
6%
Dec
34'/a
29%
5%
Nov
27
*
60
28
77
24
6,700
98%
6%
27
22
30
41%
35%
1
z.z
29%
1,200
12
*98
5%
*58 'A
California
29%
6%
11%
r
.
6%
,—50
preferred—
12%
97%
41
Greyhound Lines.—_5
South Porto Rico Sugar com.No par
8%
6%
6%
11 %
97%
*
Southeastern
15
6%
11%
*13%
37% May
Mar 17
3,700
13%
40 Va
•
49,800
12%
13%
24
.
,
50
preferred—_.u
42%
11%
14
46
conv
41
12%
98
28
.
6%
43%.
14
com_4.50
—
"■.ty
600
7%'-'-
12
14
*43
5%%
6%
11%
*97
7%
41%
.
10%
*132
Co^cona—20
1
i_100
preferred
44%
*75%
77
25% '25%
,
Socony Vacuum Oil Co Inc—
15
Solvay American Corp 4% pfd—100
South
May 17
45 % Aug
7%
10 Va
*38
preferred .——z
,.—100
Corona Typewriters.No par
Smith &
14
8% Oct
4
Feb
0
104% Jun
5
'5% Mar
39
'
July
Jun
7%
10 Va
*
preferred
4.20%
98
26
,
7%
29%
Corp______—z-.z—10
Smith (A) & Sons Carpet
3%%
8
17,500
2,800
5Vs
——1—15
>
2,500
6
Sloss-Sheffielcl Steel & Iron——*.20
Smith
42
10%
.
z.Np par
,
4,300
39
40%
,
5
—No par
z
17%
*13%
.-4———Nopar
Sinclair Oil Corp
21-
26 Va Sep
15
23
32% Jun
Co
60
17%
*17'A
10%
Corp of America—z—1
Coalition Mines—
22%'
57
17%:
43%
v
.
10%
10Va
,
„-15
Pen
/20
60
42 %
7%
**
22%'
42%
,
—
2,300
59%
42
1
13%
13%
"-J
22
47
'77
44%
90
.
83
17
12
23 %
300
88
*80%
60
41%
,
49%
83
21%
11%
44%
1
r——
A)
*80%
>
40
23%
220
89
13%
16%
30
-y
13%
59
30
No par
49 %
88
20%
30
4—.
25,500
*88%
17 Va
29%
common
83
*80 Va
-
12%
'
7,600
28'A
89
8
7
5.000
14%
49%
,89
*46
12%
18
109 %
•26%
61%
17%
140
xl3%
..
29
24%
*61
Ga!s_———1
&
;
83%
427/8
7
Va
35,600
109%
14'/a
49%
13 %
13
12%
May 15
15
13 %
12%
.
17%
•
109%
20
10%
85 Va
'
97V2
36
Dec
*88%
12%
3
18 Va
*88
89
97%
27% Nov
May
89
*88'A
99
Jan
14.
49 Va
*88
12%
41
8
*48%
*97Va
27 % May
Apr
50
89
42%
*75%
Silver King
28
12%
No par
Union
Sheraton
,
28'/a
1
Corp
(W
27%
10ft
42%
pref series A_4.N0 par
(Frank GNftpar
Sheaffer
,
29%
18%
13%
—Napar
conv
Shattuck
13'A
109
12%
z—l
18%
13
42
,
.5
—1
Sharp & Dohme
21
10
46%
,
z-.z———_5
& Co
No par
preferred
Shamrock
18
*45%
Seiberling Rubber Co—.
Servel Inc common..'
'
-
104
17%
No par
18%
al09
14%
100
94
85
.
5,900
120
.
9%
86 Va
109%
23%
61
17%
17%
10%
*86
29 Va
24%
60%
of Del
Co
Seagrave Corp
Sears Roebuck
143% Jun r-l
9% Mar 16
24
,
14%
*81
1
Co
,
10 Va
109%
83
A—..100
series
preferred
5%
24% May
Apr
13%
*88
•
19 Ve
19
19%
*109% 109%
14%
14%
29 %
29 %
*49%
50%
Seaboard Air Line com v t c—No par
70
82
13%
Finance
94
85%
(The) common—5
Co
Elec
Seaboard
12% July 12.
85%
8 6%
*85 Va
89
7
5
94
50
14
29
114
97
*88%
26 Va July
10 Va Apr
118
*92
10
*88
3.35%
6
118
94
89%
20% Jun
31% Feb
86
1 119
x9%
89
62'/a Juri
Mar 25,
86
19
10%
10%
94
11
120
*94
98
117
97%
119 %
125'
10%
4 *88%
11
Feb
16 Va
*94
19
40% July
Feb
*120
Ry
pfd 4.40% series A——100
Safeway Stores common--—•—z—5
5% preferred
—*100
Savage Arms Corp—4
—5
Schenley Distillers Corp—.—1.75
Scott Paper Co common.
..No par
$3.40 preferred
No par
Scovill Mfg Co 3.65% pfd
xl00
Scranton
8% Oct 25
43% Nov
4
10 Va
Co—100
10
5
,
Paper Co common.—4—5
Feb
13% Feb
,,u
t c—zlQO
preferred——.100
non-cum
Regis
15% Feb
44
Feb
19% Nov
Apr
v
——
24
24% Feb
Mar
May 27
95
Nov
55
23
2
93% Apr
5%
A
1st
16.
13
11% May
Dec
5%
35% May 21
5
series
St Louis Southwestern
St
15 Va Aug 24
13
Lead
Preferred
16
Jan
18 Va
39% May
17%
Nov
88% Feb
Jun
113
39% Mar 10
92
Jun
101
Joseph
St L-San F Ry Co com v t
13%
13%
13%
12%
13%
6,200
11%
12
11%
•
12
*16%
16%
16%
16%
23
24%
16%
16%
25 Va
11
-
11%
16%
16%
16 V2
24%
,
16 %
400
15%
16%
22,900
23%
24 Va
53,900
4,300
}
10 Va May
105
July
51
May
114
7%
Dec
Jan
15%
Feb
109 Va
Apr
75% Mar
125
7% Oct
92
Oct
6
20
50% Mar 19
Oct
113% Jan
31
Sep
12%
9% Feb
11
18
*
98 Va May 23
70'/a Jun
120
July
9'
1
15% May 24 1
32% May
8% May
17 Va May
101 Va Jan
45 Vs
9
21% Jun
9
27
26% Jun
21
Jan
34% Mar
2
13% Mar
9% Mar
1
24%
Oct
160
11
July 13
Corp
Sun Oil
Co
Class A
common.
4%%
May
70
*69%
—100
*115%
117
*115%
I
A
Va %
preferred
series
B
Superheater Co
47
68%
*115%
116%
360
115%
115%
4,800
...
4,500
12%
13%
11%
12 Va
12 Va
12%
11%
12%
46,000
19%
19
19
18%
19
18%
18%
1,500
1.25
21%
21%
22
22
20
20%
20%
21%
20
21'A
T2.50
*40'A
407A
40%
40%
37%
40
39
40
38
40
2,700
10%
11
10%
10%
9%
10%
10 VA
11%
10 Va
11
26
26
26
26
24
24%
25
23
24%
15,100
2,300
182
168
Inc.z—z
(The).!
..No par
California——_!_25
9
14"
Sutherland
16% Jan
19
Sweets Co of America (The)__4.16%
94
67%
8Va
19 %
19% Jun
24.
8
*90%
70
13
44 Va Jun
page
115%
"
7%
94
19%
11
see
115%
69%
12%
Mar 12
5
8
*90
69
*19 y4
Feb
8% Nov
117
8Va
94
1
38
Oct
17
68%
25
14
21%
Jun
*91
Co—I—j__„zlOc
Biscuits
28% Jun
235
8
69%
common
Sunshine Mining
9
*69%
Feb
24%
May
1
8%
l__;__Nb par
series
4
8V4
94
preferred
Sunshine
'
*91
4V<c/o
11% Mar 31
,
94
pfd—
Sunray Oil Corp
3%
*91
140
Mar
8%
1
common
Mar
13
For footnotes
18% Feb
43
Chemical
$4.50 series A preferred—No par
Dec
36
14y2 Jan
Sep
19% Sep
Sun
Superior Oil of
Superior Steel Corp.
Paper
Co
!__:
1..50
"_10
•
"
*180
*
17%
*42
9%
189
*180
189
23%
*171
189
182
17'A
*17V.T
17%
15%
16
16
43
*42%
43
40%
42
*41
10
9%
10
9
9%
-
9
177
163/s
15
16%
42
40
40
9%
8%
9%
8,300
300
2,900
500
3,500
y&"
•
Volume
168
Number 4749
THE
COMMERCIAL
•
*•
3C7a
Highest
20%
Dec
18%
Dec
7978
Range since Jan. 1
Highest
NEW
Lowest'
it'
S per share
Jun
YORK
STOCKS
Year 1941
Lowest
-
t per share
X per share
<
YORK
29 7+ Sep
27
Swift
:
27%
JRn
11% Nov
3
22
Jan
8
28%
Feb
17% Feb
27
26
Jun
3•
Dec
«
5% May
-
104 % Mar
10 »/2
2T
36% Jan
80% Apr 21.
4% Mar 12
Feb
91
&
$4
7% May 18
Co-—
X per
*
—25
preferred—-—'
Symington Gould
RECORDS
31%
31%
12%
23%
23%
12 %
.
..
1
1
*82'
63%
6
-
6
Thursday
*
Nov. 4
shatS
per
30%
#
31%
Friday
Nov.
-
perthare
31%
9
31%
30 %
fen
Sales
the W«ek
t per share
,Shares'
31 Va
6,900
•11%
12%
11%
12
11%
12 %
'21%
*82
21%
22%
22%
21 %
223/+
6,400
13,500
83%
84
5'%
24.
83%
67s
6
Nov.
pet share
5%
127s
23%
''*827+
;
$
32 ~
3lVo
12%
-
Wednesday
•*
Nov. 2
' 9per share
share
*
——No par
Corp
Nov. 1
'
BALE. PRICES
Tuesday
Monday
,
Oct. 30 T
International 'Ltd—————
Sylvania Elec Pfod Ihc com—No par
Aug 13
23,
LOW ANfl HIGH
Saturday
Swift
'
CHRONICLE
,
"
Par
Jan
STOCK
STOCK
EXCHANGE
Xpershdre
377#
FINANCIAL
—j
NEW
Range for Previous
&
84
"84
85
50
*
5%
6
-
5%
5%
9,200
'
'
T
10
May
14
Feb
9% Mar 16.
3% Feb 11
ll3/4May21.
"3% May
13 7+ May
20% Aug
147a Mar 16
5374
Sep
52% Feb
67
10%
Jan
24
^67a May
„
Jan
Dec
17
58%, Nov
__
Nov
3
Jan
41
Jan
137a
Dec
:
18%'Dec
«
12%
41 :
Dec
29
Feb
45
58%t
Feb
4574 Feb
197a
Feb
7
Sep 27
277» Oct *5
12% Apr
-674 Nov
137/»
t
60 %
Feb
:
147#
247+
Sep
May •'
36
20 -'
May
May
18
»4:
Dec
J
,
Feb
517a
Feb
-
92
,
Nov
5
Jan
•'
7
i
t
105
—
58%
(
91%
377*
30
"13%;
14
%7%
"40
17
327a Jan
5
147+Jan
5
,,
217+
.
587+
557+
58
27,600
800
18
17
187+
65%
667a
5,800
227a
227a
18%
6774
237a
22
237a
26,200
13,800
12,100
4078
4172
41
42
387+
41
54 7a
50
527a
*52
517+
I,000
12 7+
137+
137+
527a
137a
50
14 7a
16%
12
137a
14,400
16
16
16
157a
167a
4,600
29
297a
>6
,
.
"77a'
A
87a
'
307a
21.37a..
y
327a
"87a
"40
42 74
97a
427+-
"87*
51
97a
''87a
507*
j
"86
>
"277#
297a
26%
26%
,102%
102%
877a
51
TO: '«•
37a
'.3%
_
217*
217*
117*
147*-
277+
1027a
48'
11%
307+
27%
'
147*
217a.
,217a
473A
...117#
■
40 7a
8Va
'
97a
•
,
217a
-
487+
8%
f37+
,12
47
:
47a
■
317+
257a
117+
117+
11%
137*
137a
137+
16
16
47
600
3,200
4
7,200
307a
1,400
257+
26,200
"102 7+ 1027a
350
197+
207+
457a
1027a
267+ '21
467a
87a
887a
29
247a
t
1027a
46
1,600
37a
26 7r
45
5,200
49
'
*87
30.
10
•
•87a
21
87a
87a
877a
2,200
40
207a
49
*867+
200
7
77a
217a
.487+
87 7a <;
*11
.
580
13 7+
40
87a
2,100
7
77a
8%
22
"96%
48
.
'
37+ ;37a
27 •
28 7+X2474> 25 7a r
1027a MVu
207a 207#
37a
297+
1027a
48'
*
37a
i
•
77+
47%
•
877a
*86
'
•
gar
207+
-
'
137a
*40
77a
42 7+,
8%
227+
77a
297+
29 '
-137a
*40
87*
.
v
7
*137+
! 7%
30 " "
:-7'%.
22 74
8
51,
,
137a
77+
7%
7%
77a
77+
"30 "
14 -i
30
467a
II,700
5,100
117+
5,800
137a
3,700
j
'
.-r
Transamerica
Corp
4
—_2
■
Transcoht'l & Western Air "Inc.—5
Transue &,Williams BteeUL:—No
par
Century
;"16%
87*
18
' {
147+.
•
157+
197*
197s
/
u.No par
18-,
,.,87*-., 9
99%
-"157+
'
997+
,"97
«■
98
"27
*27
87+
8
'
r
87+
15
t
.
"327a
33%
*977+
997/a
57a
'57+
57a
*26
287a
*26
7 7a
<7 7a
"
28
'
77a
.
'
300
60,500
590
157a
187*
j
34
-
■
987/s
137+
19%
997/a
■5%
157+; 167+
8
7
;
197s
6,100
16,600
96
157a
197+
15 7*
,197*
-
127+
*
997a
*32 7a
287a
77+
-
18
<8
99
*97
'
1 U
13 7/*
*16 7a
-■
117a
8
14
98
.'
99
187+
,57+;
'*57+
2872
' *8
■
.
s77+
99
337*.
33.7+
.
5%
(■
'
197*
,
987+
r
-57a
■
,
_
1007a
15 7+. 157a'
20%
_
,*33V+ f34'
oi$4.50.prior.preferred_<
No par
Twin; City" Rap,TranBit ooni—No par
>v 15%
:<^>hV'prior preferred.
»•—50
Twin Coach Co——1
147+
"167r
.
874
997+
Fox Fijm cpm—No par
^$1.50vconv preferred.-
-
21
.
1,500
4%
657a
'66
,
17
57
177a
17
64
?
700
47a
167a
43
•
Axle..—r—5
Timken Roller. Bearing——No
par
20thi
11,
f
77*
"327+
.>
Tlmkem Detroit
,
.8% May.27 7
DAY
"
'
preferred^————Nonpar "
367a JanC 5
100% Juh
15 7+
75*.
103
Jun
Dec
35
9
98
90
Rubber
tJn El
Co of Mo
$^.50
pfd
7
Preferred
$3.70
Jap
24
Preferred
$3.50
Union Oil
1
Union Pacific RR Co
51% July
41% Jun
26
1
10572 Jan
107# Oct
-03
18
Jan
22
327a
337+
.*977+
997a
"57a
,
900
28
7%
<
400
200
,
57a
•
*26
»
77+
277* Feb
.
Nov
29
3
83
t
Jan
77a
3,700
40
li
Feb
13
57a
Dec
10% Feb
657a
Dec
95.-
Jan
4% Feb 20
6172 Mar li
19%
Oct
163/+Feb
11-7+ May
May
437a
Jan
Jan
Dec
127a May
9
.
t.
.
2072
Jun
21
10
207* Sep
137a Nov
14
3
307*
31
317*
87
877a
88 Va
•
4,100
127a
307+
3178
39
'
49%
127*
417+
49,200
103 7s
230
7*
103
*90
1,860
9,100 '
95
1
120
307a
31%
867+
>
807a
90
13,000
5,300
'
47
46
°
1,700
v.
807+
,
32
107+
48
:
90
•
7a
46 %
467a
46%'
37 Va
383/+
387*
38%
1
467+
47
2,600
387a
'
58%
3,000
t
5
*105%
27%'
257+
*105%- 1067a-
105%
277a
277+
27%
In$. common—10
107
13%
12%
•137#
-127/a
70
69
70
26:'
227+
Corp:——10
"97+
10
*9%-
.United Carbon Co..,——No par
United-Carr ■Fastener Oorp_.No par
"307*
33%
Fruit
267+
247a
10574
1057a
1057a
127%
1057+
117a
1057+
500
127s
20,300
677a
217#
2,100
9 7a
1.300
'
117*
12
12
67
67
67
'
67
217#
217/#
22
26
677+
217/#
•
-
217a
Co..
34
35-
...
-
-
-
*31
10
..
36%
^9
34
i'v
32
r
97+
9%
"9
347*
35
30%
307a
37+'
437#
357*
'•
•""37+
3 7+ -3%
3%
37+
'37#
44%
447*
.44%
447+
423/a
437a
3%
37#
37+
27a
2 7#
437#
27*
•
3
"44%
'
45
44%
67a
rt 6 3/+
23
67%
23%
23 7+
23 7+
44 7+
—No par
457a
6%
"657a
447+
44
447a
437+
77#
=
4378
6
-677a
667a
87#
347+
30
'
297a
'
17.500
700
437a
447a
.*
*67#
♦65 Va
67%
217+
227a
42
6
217a
x42
6% '
42 7+
'•
'
6
27a
<
94,400
437a
1.700
6
t-
1,700
64
65
22%
217+
227a
417a
.
41%
"397a
417*
TOO
54
54 7+-
54
547a!
517+
527+
517+
227#
21
217a
217a
207+
137/#
14,.%
137a
137+
137#
14%
137a
800
217#
14%
2,400
53
21%
51%
213/a
53
21%
14
Inc———1
13,700
110
43
27a
'
400
378
42
14
,
"
If
7,800
=
32
3
^
3
677a
*65
'
357+
*29
,
21%
.United Gas Improvement Co...137a
United Merch & Mfrs
26%
32
37a
Foundry.—5
United
-
i
>
26
'
United Dyewood Corp commonj..'—1
"• 7%
preferred
100
United Electric Coal Cos
—;_5
United Engineering &
11
,
>
23
69
United Board A .Carton
23
May 24
217a May 26
463,+Jun
80
9%
'
,
95
80
397+ ' 397tr
23
5872 May 17
•
*90
81
-33
927a
47
•
95
*80
'
100
*3
Feb
V
103%
*90
82
917+-
47
163% 103%
'95
No par
22
.
-104
-•
1
•
»
.7100
preferred,
'472% preferred
United Biscuit Co
,
May 27
827a Apr
13
48
197* Feb
5% convertible
United Air Lines
'
7
3772 Jan
59% July
24 7+ Jan
i
•
'*' 57* July 15
Ur>lte Cig-Whelaii Stores com'__30c
55-; Jan
5vf
^$3.50 convertible prefer red—I0o
37/+Mayl5,
United Corp common—
1
47% May 20 »
$3 preference
—
———5
,
27#'Feb
397#
327a
•,
39
;
1037a
437+
•
'
'
»
United Aircraft Corp common
1'.
30
327+
467+
417/#
31
*80
92
39
50
No par
:
327#
417+
.317#
417#
30%
•
*90
-
1
127a
33-7*
104
.
.
95
82
,*32%
"907a
10
497+
127#
42 %
■
104
t
10
49
127#
12
137a
.
"
"80
—50
preferred
Car
•
2
367+Nov
5
.Mar. ,8
Nov
5
4Q
4 7* Jin
63 7+ Mar
'
20
"Feb
25
157+Jan
5
Tank
"90
par
10
497+
49
137a
32%
427*
par
'97#
•
51V* -'
'.,517*
32%
427+
103 %
107a"
107a
<
137a
32 Va
ser—No par
com
107+
51'
^*137*
California————25
non-cum
Union
2
907a Mar 22
237+Oct
,
47o
.
of
i
197+Apt
Sep 21
19
g
2
* 1 • •
307# May 19
1107+Jurt
3,
6
5
series;...4—No
series^
No
6
"
Co.:
Union Bag & Paper..u..^_hl_No
par,
Union'Carbide & Carbon.—.No par
Jun
■
10
51 V
1
Corp—No par
Asbestos &
:
967+July
87+ Feb
Dec
20
Union
38% July
227/# Feb 10
; Dec
33%
Dec
447/e
Underwood
,
May 26
437+Nov
i
110
Juii
8
4
87/« Nov
Dec
33
15
r
1
Dec
2%
15
Nov
313/+ Jan
Sep
2872 Apr
1207/, Apr,
247+ Nov
26% Jan
5Q'
597* Jun
' Udylite Corp (The)4———'
397/#
Feb
,
•••',• '
110.
Jun
41
^2
11
'
37/*
Jan
167* Jun
,
28
217a Feb
387+ Feb
257# Efec
Sep
237a
Oct
91
80
.
Dec
187a
12 .;
•
85
July 19
45% gep 27
Dec
1
Mar
27t
Dec
i
<•
1067# Sep
May
102,
3
Mar 16
9% Mar 16
27% Feb 11
104
i
10% May
.
257» MSr3l
39'„ [Aug 11,
115
DfeC
Apr
45
Oct
<
•
Dec
20
(.
774
3074
•
4*
9% Nov
Feb
•••167* Jarf
Dec
85.
1
-
ELECTION
107+
47a
177a
7a
54
167a
77s
—JNe par
Tide Water Associated Oil com.*$3.75
•
1
<
"
Tri-Continental Corp •comraon.j-1
Jtily;22''' ,^:-5$6 preferred—'--^2l—u__No par
19% Aug^ 5
Truax-Traer Corp'■
5
27,-;
24
Jun
77+Nov
.
"30%
1077a
•
5
;57»Mar
157a July
«
9 7a May
257a May
<
•
55; May 21:'
327a'Nov
177+ Oct
Dec
....
f
Marie
J 7% July 30
.
Jun
16
>
-
107# Feb 27-..13% Jan
7
12
Jun 21 '
227# Mat 11
157* Nov
5
233A Apr 11 ;
57+ -Feb 11,
107* May/15 ■;•'
96
Jan
104 •;
i
44'
'
*
preferred—,__10o
Thompson-Starrett Cp com—No par
;>:$3.50 cum preferred-——--LNo
.•
4
15
1047# July 12.'
237# May 27
2
127» Mar 16
383% Jan
i
3174 Nov
327a Juh
"1674
-4%
,,
57
107+
107a
*4 7a
177a
13%
167a
,
13
'
-Thompson (J R)_—_15
Thompson Productscom—„No par
47* Jan- ,f<5
•.'•
243/e
417*
r'T
107+
:
U
12
i
'
8
56
47e
'
187*
24..
107a
47*
17%
"•
CLOSED
69
41%
557a
13
$2 7a div conv
preferred———50
Third Avenue Transit
Corp—Np par
Thomas Steel Co (The)—
1
9
597a May 26
9574Jun 16
,
177/*
67%
24
417a
—
Thermoid Co common——1
:
.
M*JTI7
17
Nov
48
437a May
.
9572 Jan
"
Dec
;
18%
68
"5474
Fair
17
"107*
EXCHANGE
5
-
1
The
,
1574
Nov
10
Thatcher Glass Mfg Co common—.5
$2.40 conv preference—J—No par
19
Juh
lOVaJah
11
19% Mar lp
19% Feb 13
„
-112%
97/a May
(
Feb
>77+ Feb ."
FeB
.
Dec
34% Aug
«
3974 Feb
Jan
Dec
5
85
.Feb
6
.'174'Mat 11
...
Jan
21%
'
137# Apr
24
22%
12%
5
14
20% Nov
99
Dec
new
par
'15Va May 21
'" 1074 May 15
47% Jan
9
30
157a
•
13% May
May
5% May
15
29
53% Oct
14-
7
Oil
Texas & Pacific Ry Co—
—100
Textron Inc. commori—_
50c
$1.25 cohv preferred——-No
9
Sep
257* Oct
Feb
21% FeB
10% May
30:
&
Pacific Land Trust—
Sub share ctfs
8
Sep
1087a
15% May
40% May "•'
147# Jah
4674 Jan.
Apr
-V/fOtt
Mar
.397a
r
Dec
93
177+
7
* 7V* Feb
607+
•c67'/4
" 237*
19
Jan
106'
%
597*
1
Oct
597a
Dec
60
Gu)f Sulphur—J,—No pkr
Feb
"
59%
STOCK
.
18 74
Pacific Coal
Producing
-
1774
Texas
Gulf
11
o47/8
18
Texas
26
"107*
i
5
18
5
Co..
10%
*4%
Texas
Oct
40
•167* Feb
3'% May
'
'
5
Feb
Feb
;
85
-
157# Nov
1774
Dec
10
.25
4872 May 13
653/+May24
207s May 24'
24
May 22
Mar 11
-597a
'
16% Jan
-
11
Dec
67a Aug
•
Texas
;
,
°10%
_
25
5
f5 7« Dec
2172 Feb
Dec
-
Jun ,15
:
'
1_5
25% May, 8
10
Dec
9% May
Telautograph Corp
Tennessee Corp
-
3474
May
■
,
—.9
__=
71% July 12
47
Feb. 13,
197* Sep 20
—
28
..
(James).
Texas
15%
12
57a Jun
14
•
•
Talcott Inc
197/aMay27
68% July
77a
14,200
3,000
19,400
Range fbr Prevloaa
Year 1947-.
Lowest
*
•
$ per share
106
207#
137a
•*
•3372
94
,
5% May
25% Jan
167+ Jan
9
7*
11
1667+Oct
-
Oct
27
Nov
5
21
Nov
24%
Oct
5
39 7a Feb
>
Jun
42% Jan
36
2
16
53 7+
Feb
49
Jan
13
257# Feb
14
4074
Dec
127%
Dec
165
Feb
✓
387a Feb
11
125% Mar 19
137% Jan
67
417+Jan
0
81
58 Va Jun
65 74 Oct
7
72
Dec
615/* May
Feb
80
Dec
Dec
150
Nov
23
Feb
Dec
17% Feb
417+
Feb
37
38
"
Mar-
5
Jan
87#
Oct
8
Jan
1274
Feb
r
96%
Dec
57a
,
Dec
x33%
Dec
May
7* May
22
16
,
4
20
Jun
107+
Jan
52
Feb
23
Feb
16
88
Feb
4
Dec
19
Mar
150
98 72 Jun
674 Jun
Sep 22
Feb
34
13
20
Jan
Jun
11
8
Feb
6
170
1374
Dec
29%
Feb
Dec
51 y«
7% Sep
28
Feb
21
70
common
preferred——.——
Corp common
preferred—
Tobacco
Co
187#
EXCHANGE
103
1047a'
CLOSED
169
169 7a
i
87+
DAY*
57+
*68
277+
'
160
18
1,000
100
22,600
1057a
6,100
r
1667a
1667a
60
97a
8 7+
97+
2,700
169
9%
70
277+
1067a'
"1667a
9
*68
57a
1047a
177a
10
70
28
'
53/a
57a
68
68
28%
27
287#
3.900
57+
2,300
5%
22
21%
217a
21%
21
21
13 %
14%
137+
14
14
147a
137+
147s
*77/a
8 7+
*77/a
7%
*7%
8 7+
7%
497+
49 7+
*54
«
547+
547a
557a
30
;
30
30
307#
"537a
287+
287+
287+
*87 }
90
*87
89
*86
89
887a
497+
46%
135
t
49%
463/a
47
•467+
46'
1347+
135
43
135
132
47
477+
*547?
56
44 7+
44
:
477a
44
2,100
457a
1,300
567a
297+
*557+
567a
200
267a
287a
'3,400
887a
44 »/a
*85
41
132 7+
132 7+
1297a
447a
133
900
9,100
8
443/+
417+
88
10
.
44
8,600
690
132
"
437+
*66 i
67
.*66%
837/b
T
837a
187#
*37%
187a
com
.
non-cum'
-
;
x787a
„
5
90 r -
18
'377+
387+
5%
5%
167+
107a
97+
897*
f
,
*867+
.
*20 ;
67
80%
"657a
747+
437a
7+'
4,900
68
787a
138 7*
*37
57a
.
79%
187a
387*.
*86%
*65 7a
.
79 7/b
187+
387+
53/a
.
67
137
' 187a*
.
44
1357+
135
187a
107+
*867+
*66
85 7#
•
57+
10%
437+
67
1387a
138"
38 74 "
*5%
45 %
44
437+
1377*
preferred
:—...—!
100
Universal Pictures Co Inc com
1
47+% preferred
...100
May 20
187#
25
95
217+
837#
par 7
19
Shares
22%
*93 7+
77s
1377+
Universal Laboratories Inc..—.... 1
Universal Leaf Tobacco com_No
94
137#
100
2d pfd—5
25%
94
217a
No par
non-c
7#
257+
94
18%
Sale# tor
the Week
X per share
7%
100
N°.par
preferred.—1—25
Stockyards Corp
—1
25 7a
-
137+
——50
Steel
29
I per share
5%
217a
*21
.—10
8%
157a May 21
497a Oct
57a
10
1st preferred
STOCK
ELECTION
70
27%
5%
Universal-Cyclops Steel Corp—1
.
Mfcy 22
567a
307+
1
=
1
9%
*68
*57+
$6
conv
preferred
No par
United Wall Paper Inc common—2
4% conv preferred
.—--50
17
107a Jun
237a Jun
S
United
9
17
Co
United Stores $4.20
15
70
*
V*
171
.
9%
9%
30%
class A
No par
common..,————.1
Co
preferred
non-cum
7%
21
171
108
,.
No par
common
Smelting Ref & Min com—_5o
U S
26
Mar 16
Co
Rubber
7%
8
Feb
*68
conv
Lines
7%
U
6% May 21
23
1174
192
•
4278 May 20
4
3% Sep
U S
24
Wfay
S
8%
23
127a
9%
107
172
*169
107
par
S
,U_S
21
197a Jan
5
Nov
23%
'
Dec
10
100
...
Hoffman
Pipe & Foundry
20
Playing Card Co-—
10
Plywood Corp common1
-v.,37*% pfd series A——...—.100
1
Apr
877s Oct
472 Mar 16
8% Feb 11
1097a
Dec
163%
Nov
1067a
U S
13
1407a Jun
677# Mar 17
129 7a Mar 16
133
X177+
Gypsum Co common—^..^—20
U S
49% May 13
5172 July
S
U S
July 13
38% May
197a
"18%
472%
58
July 9
37% May 21
94
May. 7
,
19 7a
No par
Partic &
U
97+ May 20
Jan
6
19%
Freight Co.—
24 7a
*93
Friday
Nov. 5
Nov. 4
I
X per share
947a
27%,
Thursday
,
Nov. 3
$ per share
287a
*937+
Leather
73
-
277+
94%
U
5
39
Feb
277a
*937+
S
S
Wednesday
Nov. %
$ per share
share
No par
9
Dec
87
t per
No par
7
Jan
May
1037a July
607a Feb
S & Foreign Securities
$4.50 1st preferred.—
U S
23 %
Dec
Par '
Tuesday
Nov. 1
Oct. 30
-
7% -preferred
Monday
Saturday
Machinery com.—.5
preferred
100
Industrial Chemicals.!—No
467/«
92
•'"
•,
LOW ANO HIGH SALE PRICES
,
v
474%
4
217+Jan
117a Sep 27
7% Mar 30
Oct
U
U
Jun
8 7# Jan
•
29
4672
May
U
2
76
Sep 27
Oct
U
9
177+ May 14
179
26
537+ Feb
97« Oct
Jun
1137+ Jun \a
5
68
■j-,;
247+May 15'
18
8 7* Nov
Feb
EXCHANGE
327» May 15
101
92% Feb. 11
10*^ Apr
Dec
"
35
Jan
20
15% Feb
,
^
$ per share
27
Feb
39%
Dec
*
~
Feb
196% Mar
Dec
71% Dec
37
,
Oct
10774
"
Dec
16% Feb
89
Jan
STOCKS
*
NEW YORK STOCK
Range since Jan. 1
Lowest
Highest
tper share
237* Oct
Dec
12 3/4 May
86
May
171-
{
9. per share
157* May
91
.
Highest
136
187a
18
187+
38 7+
37
37
103,000
1377a
2,400
4,600
•
,
'
40'
5%
897+
tj%
5
7a
1,400
97+
10
57/#
9%
97a
97#
2,300
88
88
*8674
89
100
'
4.
4
•*267#
:; *17%
5%
187a
21%
*158
!
47#
28 7a.
•
18%
5%
*21 %
4
"267a
28%
5%
-
-
3%
187#
17
57a
5
'
162
■-
9%
97+
*507+
51%
257#
257+
•
217+ - 21V+
*158
.
182
3%
4
28%
*24
17
*16%
57+
5 7#
47a
*25
18
*167+
57a
47a
3%
*20%
*154
207+
'21
•153
159
8,000
28
177+
300
57a
2.300
'
21
21
21
159
♦153
400
157
10 7
8%
97a
9
97+
*507+" 517a
50 V+
507+
50
517+
.-97+
3%
28
87+
50
9
7,200
517*
240
3,600
V
137+May
22
147a
187# Feb
Dec
—
.
—
—
127+May
26%
84
857+ Nov
For
—
20% Jan
Dec
Nov
Feb
.7.39 ~
-
•
Feb
147a Feb
117a Nov
21% Feb
12 7+
10
16
July 19
217+Oct
277+Oct
3
16
1
16
157a May 17
267# May 21
157a May 21
94% Feb
88
Feb
21
94
May 28
86
Feb
13
95
Jun
Jan
see
page
24.
4
Corp of America—No par
Van
Van
-
Norman
Raalte
•
•
Co
Co
Inc
—2.50
Chemical
Co
Vicks Shreve & Pacific
5%
non-cum
*12
247+
22
22%
237a
217#
227#
127#
117a
24%
12%.
127#
123/#
247*
257#
257#
*117+
257+
127+
257+
1,100
25 7#
12%
13
12%
13
13
13 7#
127+
,137a
6,700
227a
22%
22
227#
227a
227#
227a
227a
1,800
24%
12
t
127+
10
*247#
25 7#
"247a
Co__67a
12%
127#
.——2.50
22 %
22 7a
—
Vertientes'-Camaguey Sugar
297a Jan^'6^ *Vick
94
footnotes
Vanadium
Ry com_100
preferred
—100
*88
*88
1
90
*88
90
88
88
92
*88
92
*86
92
23
I
*85
90
*84
90
*86
92
*85
90
300-
100
f!
ViV
YORK
NEW
I per thare
35% May
Dec
85
5 Ma May
69
May
14
Nov
I per thare
perthare
50%
7 Ms Mar 10
10% Nov
16%
Oct
11
18% May 15
Dec
109
Feb
117 Mi Jun
Jan
18
107 ^
121
6%
124% July 12
7
Jan
14
Jun
2
23
38 Mi May
32 Ve NOV
45
Feb
Dec
40
Jan
29% NOV
34 Mi May
31
Oct
38
Feb
27% Nov
39 V* Apr
2 7 Mi Nov
32 Mi Jan
5
30
Dec
33 Ma
Nov
30
Aug
33 Ma
Oct
29
57
Apr
Apr
75%
17%
Feb
57% Aug 16
15
Apr
37
*36 Ma
37
*83
85
11
9 Mb
16%
113
16%
113
16%
113
19%
*18%
19%
3
7%
32% Jan 13
10%
16%
113
*18%
EXCHANGE
CLOSED
10
16Mb
16Mb
102%
1,700
16%
16%
14,000
113 Ma
170
19 Ma
18%
18 Ma
310
32 Ma
*18
18 Ma
32 Ma
32%
600
33 Ma
30%
29 Mb
28%
-——20
*30Ma
31
preferred
100
>~No par
No par
*60 MB
61
*13Mb
32Mb'
32%
32 Ma
29 Mb
30 Mb
29 Mb
30 Ma
29%
28 Mb
29
28
29
28
27 Ma
27%
28
28
*27
Vt
28 Ma
31
*30 Ma
*30
Ma
31
*60 Mb
*33 Me
*30
29M«
*27%
60%
33%
30
*29
*27%
-
7,100
10 Ma
112
114
114
85
100
104
16Mb
16Mb
114
18 Ma
Mb
104
101
101
113
ELECTION
10
10 Mb
*30%
5
20
preferred
STOCK
900
36 Ma
*83%
37 Mi
Shares
share
35 Ma
85
107
*105
25
25
Ry Co common
6Vo preferred
Visklng Corp (The)
Vulcan Detinnlng Co common
20
34»/4
t per share
share
37
<83
10%
100
partlc preferred
Virginian
11
Dec
31 Mi
div
Virginia Elec & Pwr Co com— -10
$5 preferred
—100
Va Iron Coal & Coke 4% pfd
25
t per
Sales
the Week
t per
37 %
85
Va-Carollna Chemical com—No par
14% July 13
Feb
$ per share
t per share
38%
*83Ma
preferred
Nov. 4
Nov. 3
for
Friday
Nov. 5
Thnrsday
Wednesday
Nov. 2
*83
85
10%
11%
107% 108%
*37 Ma
.-100
3 Ma%
23
14% Jan
93
Nov
112
96% Apr
t per thare
Victor Chemical Works commgn—5
24
48 Ve Jun
29
Oct
85
104 % May
Par
I per thare
5
35 Mi Nov
Nov
Tuesday
Nov. 1
Oct. SO
PRICES
HIGH SALE
LOW AND
Monday
Saturday
STOCK
YORK
EXCHANGE
Highest
Lowest
Highest
$
NEW
Range since Jan. 1
Year 1947
Lowest
RECORD
STOCK
STOCKS
Ranee for Previous
Monday, November 8, 1948
FINANCIAL CHRONICLE
COMMERCIAL &
THE
(1920)
24
DAY
33 Mi
30
,
31
*30 Ma
31
59 Ma
*59 Ma'
30%
60 Mb
1.400
29
29%
27%
'
1,700
240
W
13%
29%
Apr
Dec
100
xl7% May
7% May
10%
Dec
88 Mi
Dec
12
Dec
36%
109
13 Ma Aug 30
Jan
x30
Feb
11
100 Ms Apr
July
24%
Feb
29
xl8% Mar 17
Jan
8% Feb
11
13%
Feb
19%
Feb
10Ma Mar 12
106% Mar
X83 Mb Mar 12
2
Wabash RR 4Ma%
15M2 Jan
8
35"% Jun
4
Waldorf System
Walgreen Co common
Jan
66
Aug 26
27% May 21
13 Ma May 24
16% July 13
Jun
2
101
3
14
May 22
22% Sep
14
32
Jan
20% Feb
10
34% May 14
27 Mb Aug
3
20% May 28
Feb
9 Ms Nov
36% Nov
18%
103%
Dec
112%
Jan
103% Mar 29
100 Mi
Dec
116 Ms
Aug
105 Ms Nov
3
113
Jun
9
100% Oct
25
107
Jun
18
16 Ms Apr
20
22% Oct
20
Oct
38% Feb
14 !
51% Jun
15
Jan
100% Feb
110 Ma Jun
11
May
,
2
27
Jan
Ms Jan
5
17% May
23%
Feb
17 Mb Feb
16
20
Sep
26%
Feb
17
Mar 16
22
Sep
7
30
Dec
41
Feb
15
Oct
30 M2 Jan
2
19%
Dec
12%
90
Feb
21 Ml May
34 Ma
4
Jan
83% May
20
5 Mi
Dec
Ms
5
Nov
26
'
13
19% Mar
Jan
13% Feb
105
Dec
Nov
121 Ma
32 Ma May
105
Dec
47
Jan
*
113
5% May
10%
38 Ma May
3
13
104% Mar 16
117 Ms Mar
112 Mi
5
Sep 27
80 Ma Feb
Xl 13 Ms Apr
15
25
IIIM2 Oct
6
36 Ma May 21
72% Jan
Sep
17% Nov
-5
26
38 Ms
Oct
32% Feb
13
39% Jun
22 Ma May
31
Dec
2 5 Mb Feb
11
Dec
105
Aug
106% July
85% Feb
11
9 1Mb Feb
11
88
94 Ma
Dec
•
15
May 19
14
33 Mb Jun
9
95% Apr 23
11
lOlMa Jun
40% Jun
9
Nov
55
Jan
29 Ma Feb
16
62 Ma Mar
76
Dec
80
Jan
5
31
May
5 3 Ms
Oct
37
Mar 16
57% Oct 22
90
Dec
101% Mar
83
Mar 18
92
Jan
5
27% Jan
7
30
26 Ma May
34
Feb
23
Feb
20
19 Ma May
29%
Feb
16
Ms Nov
3
9% Feb
27
17%
Feb
July
90
Feb
29 Ms May
5 Ma May
34
Feb
12%
Dec
9 Ma May
84
6% May
51 Ma
Sep
13%
2
Aug
27 Ms Feb .26
9
Feb
.
11
6% Mar 17
Feb
64%
X53
Oct
July 21
115
24% May 26
22% July
8
July 30
126
3IM2 Nov
1
19% Jun 21
12
May 27
51
Mar
9
65% May 15
3
17% May 17
29
10% May
17
Oct
m
Nov
88%
Dec
99
Jan
75
Oct
16
Jun
20
Nov
15
Mar 30
19
Jan
8
15 Ms
Dec
19
Nov
15
Feb
10
18
Jun
10
145 Ma May
126
Mar 19
xl38
Jan
13
135
Oct
31%
43
Dec
May
35
Dec
28
Feb
5
53
Feb
43 Mb Feb
11
88 Mb Jan
21
25% May 15
14% Nov
5
65
Nov
5.
81 Ma Feb
Feb
72
Nov
4
94
Dec
80
Feb
58
Jan
5
96% July 28
53
62
Nov
Ma
60 Ma Mar 19
70 Mb Mar
8
fl
Mar
4
May 17
69
July 15
11% Jun
21
18%
Feb
3V/a Aug
45
Jan
10Mb May
37% Dec
16% Feb
25% Nov
5
10% Feb 27
38MaMarl3
48
15% Feb 21
65Ma Feb 27
l4MiMarl6
May
14M2 May
23%
Oct
53% May
83
Oct
15
May
31%
Feb
14 Ma
May
25
5%
Jun
•Bid
8
and
Special sales.
prices;
wdWhen
11
Oct
27
4
Jan
asked
.
10% Feb
July
10%
15
93
no
sales
distributed,
27
27
25%
25%
25
25 Mb
24
24 Ma
900
25
25
24Ms
25
22%
23 Mb
23 Va
23 Ma
20%
22 Mb
12,700
24 Mb
24%
24 Ma
23 Ma
24
23 Mb
24
23 Mb
23 Ma
2,400
18 Mb
18 Ma
19
18 Mb
18 Ma
18 Ma
18 Ma
18 Mb
18%
800
197/b
19 Mb
19 Mb
19 Ma
19 Ma
19 Ma
19 Ma
18Mb
19
16%
16Mb
15 Ma
157/s
15 Mb
15%
15-
15 Ma
Ma
4Mb
4Mb
4%
4Mb
*24 Mb
*18 Mb
*19 Mb
*26
*16Mb
16Mb
5 Mb
5 Mb
5
•
5 Mb
4
29%
29
29 Mb
27
27 Mb
27%
28 Ma
26 Ma
83
82
82 Ma
8 1Mb
82
8
1Mb
82 Mb
827/b
$2 Ms
22 Mb
23 Mb
217/b
23
16Mb
16Mb
15 Ma
Week Ended Nov, 5,1948
Shares
16%
23 Ma
23 Ma
23 Mb
23 Mb
2lMa-
22 Mb
17 Ma
17Ma
17 Mb
17%
14
15%
*109
*110
111
106 Ma
106 Mb
106
*100 Ma
Saturday
347,690
108
115
115 Mb
116
115 Ma
Monday
110
110
110
110
105 Mb
105 Ma
105 Ma
105 Ma
106
106
101
101
101
106 Ma
*100 Ma
102
44 Mb
45 Mb
42 Mb
44
43
43 Ma
42 Ma
43
2,300
100
*103 Mb
105
*103 Mb
105
*103 Mb
105
*103 Mb
105
7
7
6 Mb
preferred
4 Ma %
Wisconsin El
6%
6%
6%
41 Ma
42
43 Ma
40
40%
40%
42 Ma
13 Mb
13 Ma
11%
12 Mb
12 Ma
12%
10
35
33 Ma
33 Ma
*30
31
*31
32
*67
71
*67 Ma
72
(Wm)
29 Mb
29 Mb
29
29 Ma
28 Mb
29 Mb
STOCK
67 Ma
67 Ma
69 Ma
*66 Ma
*66%
EXCHANGE
18 Ma
18 Ma
18%
18%
17s/b
18 Ma
13,400
CLOSED
36 Mb
37
37 Mb
38%
36 Mb
37 Mb
10,200
27%
28 Ma
25 Mb
26%
x26
26%
25 Ma
26 Mb
39,800
92
93
*89
91%
*97
97
*97
97 Ma
28 Ma
93 Ma
93 Ma
*93
94
97 Ma
*97
97 Ma
*19
*
31%
32 Ma
ELECTION
DAY
31%
30
30
*105
Ma
112
29%
108 Ma
112
56%
57
57
57%
52
53%
53
*89 Ma
90
89%
90
86 Ma
89 Ma
<25
25%
112
86
.
13,900
270
87 Mb
200
26
25%
25%
25%
26
26
17%
17%
16Mb
17 Ma
17%
17%
16
Ma
17 Mb
4,100
19 Ma
19 Ma
19%
20
18
18 Mb
18 Ma
19
16%
18 Mb
3,100
*53
54
53
53
*52%
54
54
53%
54 Mb
<30
31 Ma
31 Ma
31 Ma
*30%
31%
31
31%
31%
31%
600
12
12
12 Mb
10%
11MB
11
11%
10%
11Mb
2,600
,38,000
12
1
*25
Ma
9%
9 Ma
9%
*59%
60 Ma
*59 Mb
60 Ma
par
12 Mb
12%
12 Mb
76
76
9
*75 Ma
8%
12%
*52%
8%
8%
7 Mb
8 Ma
58 Ma
56%
58%
1,000
12 Mb
11 Me
12 Mb
8,700
78 Ma
77
77
11%
11 Mb
78
*74%
250
58 Mb
;
58
11%
78
*25
8%
58
77
*15%
15%
15%
15%
15 Mb
15%
15
15 Mb
15
16%
16%
17
16mb
16%
16%
16%
16%
500
15
16%
16Mb
*125
128
*36 Ma
45 Ma
17
*125
128
>124
36 Ma
37
45%
Vb
17 Mb
67 Ma
17
17%
67
67 Ma
36 Mb
35
35
1,100
44%
45%
44%
45 Mb
9,200
17
66
66
66
74
72
.,73
16
75
*74
87
88
*86
88
*84
87
66
68
67
67
11%
11
11Mb
26 Ma
26 Ma
*65 Ma
11%
'
66%
11%
*28
11 Ma
28Mb
14
28M4
*
14
14
*41
42
dividend
28Mb
22%
22Mi
87%
88%
16%
16%
17
17
29 Mb
29 Mb
29 Ma
4%
4%
4%<
paid
May
10.
a
200
150
86%
30
88
66%
67 Mb
66%
66 V2
1,600
11Mb
11%
11Mb
llMa
5,700
27
25%
4,800
>84
12 Ma
*39%
22%
88%
7,800
73
12%
13
12
*39%
41
39 Ma
1,900
26%
12%
40 Ma
12
42
17
66
88
:
.
"
14
*41M2
88M2
*22
No par
_1
•
14%
65
72 Mb
17 Mb
16%
68
*72
*72
75
128
*124
36
44%
44 Mb
67 Ma
1,400
11,200
35 Mb
35 Mb
45 Mb
128
>124
128
37
45 Ma
39 Ma
26 Mb
200
20 Ma
21
21
1,400
82%
83 Ma
84 Mb
20Mb
77%
21 Mb
83 Mb
82 Ma
28,400
15 Mb
15%
15%
15%
15
15%
3,600
30 Ma
27
27 MB
28 Mb
29
26%,
28 Mb
7,700
4 Ma
4
4%
4M8
3,300
Deferred
20
delivery,
c Name
„
changed
4
from
4
4
Bond
National
&
Share
Transactions at the New York Curb
Corp.
r
Cash
sale.
Exchange
Daily, Weekly and Yearly
Total
Stocks
Government
Bond
(Number
Bonds
Bonds
Bonds
Sales
$50,000
$1,931,000
5,107,000
345,000
5,326,000
Tuesday
5,000
4,429,900
5,475,000
Wednesday
Thursday
Friday
•
$33,000
$1,065,900
1948
»
Domestic
Shares)
Saturday
Monday
23,000
2,531,290
4,463,000
,
Bonds (Par Value)
1947
$21,624,900
92,630
295,705
3,766,731
1,065,000
132,000
2,000
54,000
318,000
328,700
252,000
2,000
293,000
8,000
12,00.0
4,000
266,000
570,435
1,973,130
Total
$923,000
$71,000
$103,000
$1,097,000
$1,186,000
$3,082,000
307,000
3,836,000
19,784,000
1,349,000
65,680,520
779,245,300
$867,791,820
20,526,000
14,280,000
71,172,540
804,728,800
$21,624,900
$15,946,000
$880,923,340
Jan. 1 to Nov. 5
Week Ended Nov. *
Stocks—No. of shares
305,000
1948
1947
1947
1,973,130
1,041,255
64,066,031
61,981,699
$923,000
$1,073,000
$43,212,000
$70,820,000
71,000
740,000
Bonds
$10,000
$33,000
30,000
Holiday
262,000
685.660
Bonds
V. 8. Government
$76,000
8,000
94,000
-
1947
213,414,431
Total
$3,000
Jan. 1 to Nov. 5
1948
254,454,232
Foreign
Corporate
$51,000
$22,000
1948
8,864,430
Foreign
Government
of
Week Ended Nov. 5,1948
$5,000
248,900
88
1,000
■
54 Mb
17%
United States
4,176,000
Total
30%
Mb
17%
Int'l
1,527,130
Railroad & Industrial
49
•
112
*105
54%
Ma
'•
97 Ma
30 Mb
112
*105
110
89
89
*96 Mb
31
87 Mb
*108 Ma
Bank
Holiday
x
200
19 Ma
Foreign
163,000
;
1,700
69
38 Mb
10
liquidating
400
29
18%
10
Corp
$40
29
37%
28
100
Co
Corp
HEx
32 Ma
19 Ma
par
Yale & Towne Mfg Co..
25
York Corp common
1
4Ma% preferred
50
Young (LA) Spring & Wlre.No Par
Youngstown Sheet & Tube
Nopal
Youngstown Steel Door..
No pax
receivership.
*29
38
*96%
Jr
Radio
8,700
32 Ma
10
com
Co
Products
5,900
12%
18%
(Del) _j.___No par
Worsted Co
5
Wyandotte
*28
40
Ma
37%
Worthington Pump &
Machinery common
No par
Prior pfd 4M2% series1—
106
Prior pfd 4Ma% conv series,._100
Wright Aeronautical
„No par
Wrigley
7
10
.'
(F W)
1Mb
2,700
6%
38
13
No par
Pwr Co
105
6
.
$4.25 preferred
Wilson-Jones
Co
*103 Mb
*32
Western Union Teleg class A_No par
Westinghouse Air Brake
No par
Westinghouse Electric com
12 Ma
3 Ma % pfd series A
100
3.80% pfd series B__
100
Weston Elec Instrument
12.50
Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com—No par
$5 conv prior pref
-No par
White Dental Mfg (The SS)
20
White Motor Co___
;l
White Sewing Machine com
1
$4 conv preference
No par
Prior preference
20
Wilcox Oil Co
5
Willys-Overland Motors com
$4.50 conv pfd series A—No
Wilson & Co Inc common—No
*100 Ma
13
Air Lines Inc.,
1
Auto Supply Co—
10
Western Maryland Ry com
100
4Vo non-cum 2nd pfd
.—100
Western Pacific RR com—No par
Preferred
series A_
.100
5,158,000
Foreign
10
45
Week Ended Nov. 5
International Bank
610
*44 Mb
259,000
Stocks—No. of shares
50
West Va Pulp & Paper com__No par
Railroad
$20,526,000
130
4,000
4,204,000
8.864,430
102
*108
110
195/b
3,236,710
TotaL.
*108
17%
1,221,610
Tuesday
Wednesday
Thursday
Friday
10
115Ma
110
19Mb
Zenith
$1,881,000
22,100
110
108
115
110
110
115 Mb
115 Mb
115 Mb
111
*109
110
115 Mb
*110
320
6,300
1
19 Ma
Zonlte
Bonds
7,300
28
82Va
2,100
'
19 Mb
July 12
of and Miscel.
1,900
4 Ma
29
Daily, Weekly and Yearly
Stocks,
500
'
Transactions at the New York Stock Exchange
Number
27,600
19 Ma
6% May 19
this day. tin
Ex-dividend.
120
9 Mb
21 Mb
24
Oct 23
89% Oct 28
xl9% May 27
on
x
8,800
93
-
9%
-
21
May 25
35
93
9%
9%
16Mb
15
1G
93
9%
21
34% Jan
2
16MaMay24
50Ma Mar
8
15%
93
9%
102
6% preferred
Woodward Iron
Apr
94
14%
92 Ma
20%
Woolworth
100
Dec
83
16Mb
94
9 Mb
*100 Ma
37% Oct 22
Dec
75
-16
*93 Ma
*26
—
49% Jun
14
10Mb
9 Mb
10 Ma
40
3,700
9,200
24 Ma
9 Ma
16
*6%
11
23 Ma
10 Mb
94%
4
Oct
25 Ma
9 Mb
16
Western
62
■
*93 Mb
Western
28% Feb
Feb
Mar
24 Mb
10 Mb
1,000
102
*101%
10
24 Mb
9 Ma
16Mb July 9
38% July 12
26%
17
May
27Vt May
20
23%
300
14
31 Ma
31 Ma
102
200
59 Ma
59 Ma
*13 Mb
14
30 Ma
Ma
102
102
103/b
10 Ma May 18
22% Mar 12
90
4
22
102
2 5 Mb
46 M< May 20
Dec
42 Ms
Jun
119 Ma Jun
114
*101%
102
102
10 Ma
5
32%
Dec
1
14
30
25 Ma
14
9% May
Dec
19% July
13%
30%
10M«
Nov
Dec
65
26% May 21
13%
30%
25%
7% Mar 17
6
Jan
9M2
26 Mi
5
2
13 Mb
32
10 Ma
34% Feb
Jan
75 Ma
May
4
6% May 24
34 Ma Aug
86% Jan
59 Ma
13Mb
31 Ma
25 Mb
Warren Foundry & Pipe
No par
Warren Petroleum Corp
3
Washington Gas Light Co—No par
Waukesha Motor Co
5
Wayne Knitting Mills
5
Wayne Pump Co
1
Webster Tobacco Inc
5
Wesson Oil & Snowdrift com—2.50
$4 conv preferred
No par
West Indies Sugar Corp
1
West Penn Elec Co
No par
Class A
No par
7% preferred
100
6% preferred
100
West Penn Power 4%% pfd
100
4.20% preferred series B„—100
West Virginia Coal & Coke—
5
21
1
•101Mb
---100
No par
No par
1
100
5
4% preferred
Walker (Hiram) G & W
Walworth Co
Ward Baking Co common
5 Ma %
preferred
Warner Bros Pictures
105
*'
14
31=%
31 Mb
Domestic
Foreign government
Foreign corporate
Total
,
103,000
$1,097,000
7,528,000
6,531,000
1,547,000
473,000
$62,287,000
$77,824,000
.
$1,813,000
Number 4749
Volume 168
THE
COMMERCIAL
Bond Record
week,
"and
are
and when outside of
The
letters
italic
in
column
headed "Interest Period"
indicate
In
WEEKLY
,
Interest"—except for Income and defaulted bonds.
the regular weekly range are shown in
a footnote
the
FINANCIAL
Cash
deferred
the week
In
each
and
the
ease
in
Year 1947
Bep
104.4
Dec
104.14
114.1
GOVERNMENT BONDS
Niw YORK STOCK
Range since Jan. 1
Lowest
Highest
106.6
Highest
Feb
Treasury
108.21
Feb
105.1
Sep
20
105.28 Mar
107.4
Sep
17
108.28 May
17
108.16
3y8s
Treasury
Treasury
lo
Feb
106.13 July
Deo
2%s
Feb
Low
102.22 Feb
102.22 Feb
2
102.23 Sep
30
102.23 Sep
30
101.7
Sep
20
101.11 Jan
7
104.14
Sep
104.23
Feb
101.19 Jun
14
101.19 Jun
14
only transactions ol
for the year.
point.
a
llif h
*102.9
102.12
*102.9
*104.23
1C4.2/
107.1
*106.29
107.1
High
102.13
104.28
*106.29
Low
Low
.
101.27
Dee
104.18
Apr
100.24 Mar 13
100.25 Jan
102.12
*102.9
102.12
*102.9
102.12
104.27
*104.24
104.28
•104.25
104.29
*106.31
107.3
*107.6
107.10
*107.16
107.20
•103.23
103.26
♦103.23
103.26
EXCHANGE
107.13
*107.9
107.13
CLOSED
1958-1963
*107.14
107.18
*107.14
107.18
ELECTION
1960-1965
*107.25
107.29
*107.25
107.29
DAY
*107.26
1949-1953
*101.18
101.21
*101.17
101.20
*101.18
*102.15
102.18
*102.15
102.18
*102.16
102.19
103.26
*103.24
103.27
*103.25
103.28
*107.11 107.15
*107.16
107.20
*107.24
107.28
107.19
*107.22
107.26
*108
108.4
107.30
*108.2
108.6
*108.16
108.20
101.21
*101.18
101.21
*101.19
101.22
*102.16
102.19
*102.17
102.20
•107.15
Jan
100.23 Jan
28
100.26 Apr
104.10 May
100.23 Sep
17
100.24 Sep
101.12 Jun
1
Deo
104.16
Apr
101
Deo
103.20
Apr
108.17
Jun
102.26 May 25
140.7
102.10
Apr
100.7
100.23 Jun
Oct
4
10
141.7
Deo
145.18 Bep
101.14 Sep
103.4
Bep
100
Mar
4
100.4
100
Deo
102.24 May
102.24 May
May
100
Mar
2
100.2
Feb
100.21 Oct
July
*102.17
102.19
*102.18
102.20
*102.20
102.22
102.25
*102.23
102.25
*102.28
102.30
*103
103.2
*101.8
101.10
*101.8
101.10
*101.8
101.10
*101.8
101.10
101.2
1963-1968
*101
101.2
*101
101.2
•101
101.2
*101
101.2
*101
___Jun 1964-1969
*100.24
100.26
*100.24
100.26
*100.24
100.26
•100.24
100.26
*100.24
100.26
—Dec 1964-1969
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.24
100.26
1965-1970
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.24
100.26
1966-1971
*100.16
100.18
*100.16
100.18
*100.16
100.18
*100.16
100.18
*100.16
100.18
*100.8
100.10
♦100.8
100.10
*100.8
100.10
*100.8
100.10
*100.8
100.10
101.9
2%s
2%s
—
2%S_—
Sep 1967-1972
*101
101.2
*101
101.2
*101
101.2
*101.4
101.6
*101.7
2%s—
Dec 1967-1972
*100.8
100.10
*100.8
100.10
*100.8
100.10
*100.8
100.10
*100.8
100.10
2%s
13
1951-1953
*102.25
102.29
*102.24
102.28
*102.24
102.28
*102.25
102.29
*102.26
102.30
1952-1955
*101.22
101.24
*101.22
101.24
•101.22
101.24
*101.23
101.25
*101.24
101.26
2V4S
1954-1956
*103.14
103.18
*103.14
103.18
*103.15
103.19
*103.18
103.22
*103.22
103.26
2%s—
1956-1959
*101.7
101.9
♦101.7
101.9
*101.7
101.9
*101.12
101.14
*101.17
101.19
Jun 1959-1962
*100
100.2
*100
100.2
*100
100.2
*100
100.2
*100
100.2
*100
2y4s
3
__
2%s
103.12 Apr
101.12 Deo
102.12
102.23
Deo
100.31 Sep
May
101.13
103.1
Treasury
101.28 July
103.4
July
100 J4
101J
Treasury
Apr
101.26
27
101.18 July 13
101.19 July 13
100.2
*100
100.2
*100
100.2
*100.3
100.5
*100.3
100.5
*100.2
100.4
100.17
•100.15
100.17
*100.15
100.17
*100.16
100.18
*100.19
100.21
*100.19
100.21
*100.19
100.21
♦100.19
100.21
*100.20
*100.22
100.24
*100.22
100.24
*100.22
100.24
*100.22
100.24
*100.23
100.25
—Mar 1950-1952
*100.25
100.27
*100.25
100.27
•100.25
100.27
*100.25
100.27
*100.26
100.28
Sep 1950-1952
*100.30
101
*100.30
101
*100.30
101
*100.30
101
*100.30
101
*101.2
101.4
*101.2
101.4
*101.2
101.4
♦101.2
101.4
*101.2
101.4
*100.30
101
*100.30
101
*100.30
101
*100.30
101
*100.30
101
*101
101.2
Treasury 2s
Treasury
2s
Treasury 2s
100.16 Apr
Treasury
Treasury
100.7
27
Oct
4
May~18
II
Deo
102
July
94.10 Jan
15
98.30
IB
Deo
103.4
July
94.14 Jan
15
price.
No
sales
transacted
May 17
17
this
1951-1953
:
-1951-1955
Jun 1952-1954
*101
101.2
*101
101.2
Dec 1952-1954
*100.31
101.1
*100.31
101.1
*100.31
101.1
*100.31
101.1
*101
101.2
1953-1955
*102.13
102.17
*103.13
102.17
*102.15
102.19
*102.16
102.20
*102.20
102.24
1950
*100.3
100.5
*100.3
100.5
*100.4
100.6
*100.4
100.6
*100.5
100.7
*96.8
96.14
*96.8
96.12
*96.16
96.24
*96.16
96.24
2s
iy2s
Bank
25-year 3tf
day
fCalled
for
Friday
BONDS
New York
Interest
Feriod
Exchange
Last
Sale Price
Week's
or
1972
,
redemption Dec.
15
at
100.
a
Odd
lot
transaction,
Cify
January 1
No.
High
Range Since
Sold
Bid & Asked
J-D
10132
Registered bond
101.2
*101
Low
97
96.16
96.24
96.28
5
Interest
Last
Period
Sale Price
New York Stock Exchange
High
Week's Range
or
135
100%
Friday's
Bid & Asked
Lotij
3%s Series No. 14
High
57%
J-D
J-D
*57
3%s Series No. 16
107
J-D
*57
3%s Series No.
3%s Series No.
Bonds
Range Since
Sold
January 1
No.
Low
58
3%s Series No. 15
100 % 10132
7,000
26,000
96.16
96.16
96.16
transaction.
BONDS
/
1980
101.2
•96.12
96.24
Friday
Bonds
Transit Unification Issue—
Corporate Stock—
r
NOVEMBER
96
96
*96.16
Range
Friday's
Low
*101
for
RANGE FOR WEEK ENDED
New York Stock
,
100.22-
Reconstruction & Development
10-year 2y4s
1957
l4
99.30 May
asked
*100
100.5
*100.15
Dec 1949-1951
International
and
100.2
*100.3
Sep 1949-1951
2s
16
100.31 Sep
100.30 Sep
Jan
*100
100.5
100.17
2s
101.14 Apr
Apr
103.2
O0t
Mar" 2 2
Apr
102.28 Apr
102.30 Apr
101.22 Dec
10
100.2
*100.15
.—Dec 1948-1950
Treasury
2s
Treasury 2s
Treasury
2s
Treasury 2s
Apr
102.6
July
26
*100.3
Jun 1949-1951
2s
100.21 Oct
—Jun 1967-1972
2%S—_—Dec 1959-1962
26
102.13
102.18
*102.23
101.10
2%s
11
10
*102.16
102.25
*101.8
2%s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
100.27 May 21
102.26 May 24
Dee
102.18
*102.23
2%s
10
100.16 Sep 10
100.8
Mar 12
141.24
10I.1T Jun
*102.16
1956-1958
1962-1967
2%s
2
141.24 Dec
.-1952-1954
2%s
7
104.4
Bende < $)
High
*104.23
*107.9
2%s
the Week
Nov. 5
Low
High
*102.9
STOCK
*103.23
—a
Sales foe
Friday
Nov. 4
Lew
High
1956-1959
..
Thursday
Nov. 3
Nov. '£
Low
tti*n
Wednesday
Tuesday
Nov. 1
2%s
101.24 Deo
3%
range
2%s
2
104.24 July
♦Bid
the
the
2%s
Feb
104.24 July
101.20
of
*104.24
2y2s.
142.41
ltd
Monday
Oct. 30
—
2%S
May
104.12
more
1951-1955
2%s.
Treasury
Treasury
Deo
114.8
May
or
are
mature.
1949-1952
3s
2%s
104.12
one
vnless they
such sales in computing
No account is taken of
bonds
§atnrd»T
EXCHANGE
112.6
111.23 Sep
104.12 July
it
the
disregarded in the week's range,
are
they occur.
when
LOW AND HIGH BALE PRICES
Range for Previous
Lowest
(1921)
YEARLY
■
delivery sales
which
month
figures after decimal point
104.28
CHRONICLE
New York Stock Exchange
fill
FRIDAY
NOTICE—Prices
the
&
7
High
51%
60%
65
52
60
59
51%
60
58
17
J-D
65
53%
18
J-D
58
58
47%
60%
3%s Series No. 19
J-D
*57
60
44
60
3%s Series No. 20
J-D
*57
60
52
60
J-D
*57
60
J-D
*57
60%
51%
60
57 y2
47%
60%
54%
61
3%s Series
No. 21
3%s Series No. 22__
J-D
*57
J-D
*57
50
60%
J-D
*57
60
48
60
J-D
*57
58%
55
60
54
-58
60
48
60
3%s Series No. 25
3%s Series
REctor
2-2300
120
York Stock
*
Teletype
Exchange
Broadway, New York
NY
—
28___—
No.
3%s peries No. 29—
3%s Series No. 30—
Brisbane
(City)
Sinking fund
1-1693
No. 26
3%s Series No. 27—
3%s Series
Wertheim & Co.
New
s
—1957
gold
5s
Agricultural Mtge Bank
A
(Colombia)—
§AGtd sink fund 6s
AGtd
sink
Akershus
fund
1947
!
6s
1948
A-O
1968
(King of Norway) 4s
(Dept) coll 7s A
§AAntioquia
*61
M-S
60%
*61
*74
64
65
65%
92%
A6s
31%
40 y2
AExtl
31%
40
1945
J-J
§AExternal
s
f
7s
series B
1945
J-J
§ A External
s
f
7s series C
1945
32 y2
32%
J-J
*31 y2
40 y4
31
40
J-J
*31 y2
48
31%
40%
A 6s
32%
31%
38 y2
f
s
s
AExternal
sec
AExternal
sec
AAntwerp
7s series D
f 7s
1957
A-O
series__1957
A-O
f 7s 3rd series__1957
A-O
f
s
s
(City)
7s
2d
external 5s_
Australia
(Commonw'lth) 5s
10-year 3yis
10-year 3y4s
20-year
20-year
3%s
1958
of
'25-1955
Belgium
External
JABrazil
s
s
f
6y2s
f
7s____
<U S of)
Stamped
external
101
1941
111
1957
reduced
AExternal
s
f
to 3.375%)
A-O
.
A-O
A7s
(Central
Ry)
1979
to
3.5%)
1957
86%
6
85%
92
87 y4
14
83 y8
Q9
4
99%
101
105
61%
105
111%
10
107%
6i y8
1
50%
90>/2
104 %
109
114%
62
47%
37%
49%
61 %
61%
1
50
62%
45
45%
29
37%
assented
external
A6s
61%
1
50%
45
2
37%
49%
__
54
38
49
37'%
49%
49
103%
105
J-J
105 Va
104% 10oy4
35
103 y.
105 V*
J-J
*41
M-N
*27%
M-N
26 Vo
—1942
'
26%
26%
6
*27%
27 y4
5
26 %
27%
5
Jan 1961
J-J
F-A
1957
1
sink fund 6s
_1961
7s
assented
,
.
27
13
19%
27%
26%
10
2iy4
26%
18
~7
25%
26%
*5%
27
—
*45
—
.
43%
43
43
43
3
—
3%s Series No. 1
J-D
*58%
61
3%s Series No. 2
J-D
*57%
60
"l
9 ,.V
26 Vo
r
26 y4
"5
28
18
27%
19
25%
27%
'18
48%
J-D
58 '
58%
8
46 y8
61
3%s Series No. 4
J-D
58
58%
5
51
27%
17%
27
7
J-D
58%
58%
5
48
3%s Series No. 6
60%
J-D
—
52
63
56
5s
1951
J-D
For Financial In»titutiona
FOREIGN SECURITIES
firm trading markets
61
3%s Series No. 5
(Hukuang Ry)
62%
3%s Series No. 7
__
*57
J-D
__
3%s Series No. 8
J-D
—
3%s Series No. 9
J-D
__
3%s Series No. 10
1
J-D
33/4s Series No. 11
J-D
3%s Series No.
12
J-D
3%s Series No. 13
J-D
——
For footnotes
see
page 29.
*•
65
*57
65
•
65
*57
—
__
*57
52
64%
53
60
*57
—
--
49%
60
48
—
59
*57
65
r.ARL MARKS & fO. Inc.
FOREIGN SECURITIES SPECIALISTS
50 Broad St.,
New York 4, N. Y.
65
54
■
*57
*57
—
—
59
58%
59
Telephone HAnover 2-0050
1
27%
18
61
334s Series No. 3
AChinese
27%
19%
*27'/a
26%
27l/4
18%
*27
26%
28
20%
12
26 V*
27%
20
26'/4
28
18%
*27
M-S
M-S
27%
28
26
M-N
.
18%
22%
*27
26%
Af-N
1962
—-I960
1960
Munic
28
2
5
26%
A-O
1962
assented
20%
26%
*27
A-O
196.1
sink fund 6s
27%
27%
*27%
J-D
J-D
27%
18%
11
26%
J-D
1961
26%
28
27%
26%
M-N
—1961
-
26%
28
18'/2
*27%
J-D
A6%s assented
A6s
26%
itf-N
1963
19%
20%
*27%
A-O
1963
Bank 6J%s——1957
assented
27
M-S
M-S
A-O
-Sep 1961
A6%s assented
28
28
*27'/a
1962
Mortgage
19%
18%
A-O
F-A
27%
18%
A-O
J-J
28
9
1960
Feb 1961
50
19
26%
—I960
Feb 1961
6s
37 y8
__
61%
*61
i'
A-O
51
61%
—
12
103% 103%
—Jan 1961
ASinking fund 6%S—
A 7s
.
101% 101 y2
f 6s
sinking fund 6s
AGuaranteed
102 y4
101 %
103%
:.—
assented
A6s
102
J-D
—r___r_Sep 1961
sinking fund 6s
1962
AGuaranteed
94
99
5
101 y8
62%
44%
s
assented
A6s
97%
59
94%
4
A-O
assented
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AChile
fund 6s
——
sinking fund
A6s
97%
F-A
98 Yb
1954
1942
f 7s
assented
AExternal
97%
49%
61%
—
J-D
funding bonds of 1931 due__1951
Stamped pursuant to Plan A
B)
85
44%
J-D
1979
14
—
A-O
5%
(Int reduced to 3.375%)
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93%
45%
A-O
1979
1978
87%
87
*46%
— -
.
reduced
1
87
Stamped pursuant to Plan A
(Int
94
99%
103
—
J-D
1952
6y2s of 1927
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(Int reduced to 3.375%)_
87%
s
——-
sinking fund 6s
A 6s
ARy
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Stamped pursuant to Plan A
(Int
97
91%
111
61%
pursuant to Plan A
1978
73
92
*103
J-D
8s
8
78
20
91 y2
101
J-J
J-D
<Int reduced to 3.5%)__;
AExternal s f 6y2s of 1926-
94
101 y2 102
86%
87 y4
M-S
—1955
40%
86 y4
F-A
1955
40%
31%
91
J-D
1949
6s
91%
J-D
1966
external
External
101 y2
F-A
31%
37
92
J-D
1967
—
92
39
*31 %
J-J
1956
.1962
3V2s
32 y2
'
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J-D
1957
_____
3y2s
15-year
1945
1st series.
34
assented
assented
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§ A External
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*31 y2
52%
1961
AExternal sinking
60
80
'
1950
3%s
(City) 8s
(Rep) External
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*57
MS
_1958
'
—I960
Carlsbad
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J-D
'
—*
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—_
f 5s
57%
J-D
——_
gold 6s__
(Dominion of) 4s
25-year
''
;
—
Sinking fund
Canada
Foreign Govt. & Municipal
60
J-D
3%$ Series No. 24
•
Members
51%
3%s Series No. 23
Foreign Securities
Telephone
„
*57
Teletype ny 1-971
5%
7%
25
26
(1922)
THE
COMMERCIAL
NEW
Friday
BONDS
Last
Period
Sale Price
or
A6s of
1928
A-O
Jan 1961
SASinklng fund 7s of
SASinking fund 7s of
Copenhagen (City) 5s
Low
No.
69%
—
J-J
*65
1970
A-O
1947
A-O
1926
1946
1927
1947
37%
1952-
—
F-A
__
external debt—
Czechoslovakia
F-A
„
(State)—
"
of
5
1
53
13
1
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102iO
58
__
102%
—
—
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-
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f
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35
Greek
1967
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parf paid
'
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1968
paid
Helsingfors (City) ext 6V2S
'
..I960
59
extl s f 5s
...I960
(Republic) extl s f l-3sr._„1977
Italian Credit Consortium for
Public Works 1% to 3%
—1977
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;
1947
82
—
48%
2
'
*'
Italian Public
M-N
1
J-J
7%
External
7s
1%
1
—
-1952
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Jugoslavia (State Mtge Bk) 7s
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Mexican Irrigation—
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1
1951
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.
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'
25
-
,
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J-D
'
—
36
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s
f
50,
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s
to
f
reduced
sink fund
,
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J-J
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31
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2008
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—
-
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1959
,*31
to
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extl loan..
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,
■
27
ref
1963
—
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26
30
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10
75
79%
—
'
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80%
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80
1967
reduced
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to
s
f 6s
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1st
1960
„
ser
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Plan
AExternal sec 6%s
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,
(Int
reduced
to
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34
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20
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__
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external loan of 1926—11966
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__
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reduced
to
A
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-
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11952
A
34%
35
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—
23
;.
__
—
'
-
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23
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ref
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31
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94
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.
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56
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,
f-
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50
53
401
45 Va
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85
85
85
11
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28
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81
1
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A
j-j
..1985
mtge
80
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—.1951
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modified
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1st
5s
r;
80
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.1951
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94
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95
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—
4
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16
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,
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119
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50
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a-o
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,
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1—1957,
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59
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/
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^
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'
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J-J
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;
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106
19
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8
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■
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108 /
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*
107 %
82%
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-
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•
.
.
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—.1981
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gold
gold
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i
•
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gold 5s
l_^j.Oct;1969.""
gold; 5s_L_
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,
23%
5%
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.
.
24Vi
82
71
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31
__
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22
v
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,
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ref
stamped
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26%
«
'
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.96
50
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27
23%
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85 Va
May
Calif Oregon Power 3%s
___i_._1974
Canada Southern cons gtd 5s A__^1962
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'
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»
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,
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—
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&
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23
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fxd &
»
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,
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A
: (Int
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2004
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.1952
.
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.
28
1
..
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.
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v
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due Dec 11995
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13
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.
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-
,
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A.—.—July 1970
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1954
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37
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..
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106 %
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.
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.
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62
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.
1st mtge 5s series AC..———1967
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^1955
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...1961
1st mtge 4s series RR.
—-I960
i
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'
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__
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--
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.
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,
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27
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1963
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.
.
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..
32
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„
Bell Telephone of Pa 56 series C__1960
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95
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52
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.
1968
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2001
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~
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1958
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35
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cont int)—1980
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'
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_
1961
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34
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and 3%% contingent interest)—
.
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—
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101
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111
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—
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and
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.;
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external..—
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15
342
-
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—July 1975
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•
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<■
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109
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-
97
•
94
y'
.1964
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,
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—
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,
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—
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unified
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99
78 %
74
-
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37
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1966
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-
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71
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& Santa Fe—::
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mj
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1963
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__
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*
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s
:
—
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2.125%)
2008
Netherlands (Kingdom) 3%
1957
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...1956
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1965
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A
-
,
1961
;
82
71
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-—1982
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.
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;
—
•
'
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1958
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4s
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78
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—
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—
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,
—.1952
Minas Geraes
\\
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conv
104%
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97
82
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28
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•
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„
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—1986
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:
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5
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t
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...
r"
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,
5, 1942, agree.1968
§ A Assenting 4s of 1910—
1945
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1942, agree.1963
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AAss'td to Nov. 5,
1942,agree.1963
AMilan (City of) 6%s._
VP
104
10
6%
.
„
-
\ 5Va
31'
26%
6%
J-J
'
.
15%
7
19%
—ll
3
M-S
1975
——
1
'
*
J-D
>.
1
25
M-N
-—
.1966
debentures——^1980
6%
20'
26
_r,
,
106
M-S
debentures—
1
^
'
'
Ass'td to Nov 5, 1942, agree. 1968
extl 5s of 1899 £—1945
§ A Assenting 5s of 1899..
1945
AAss'td to Nov, 5,
1942, agree_1963
A
Assenting 4s of 1904
1954
.
'
^
:
1954
assented
r"jAMexico (US)
.
15%
25
26,
.
J-D
1957
—_1943
§ A4%$
.
15
U
COMPANIES
104
106
A-O
debentures—
—
'
15%
90
27%
5
.
.25
*103
—
*
A-O
2%s
38
>
6%'
25
1956
2%s
V-96%
17%
25
—
J-J
'
92
70
7
INDUSTRIAL
—
" '
4s—1998
2%s
16
__
16%
15%
M-S
>
1977
A
„
J-J
>
to 3%
A
"
Susquehanna
53
101
;
,
AND
"
M-N
10/4
,
"99
if
80
14
*5%
.
J-J
44%
6
<-41
-
85 %
83%
24%
*6%
A-O
196?
10,
k
■
—
8
7%
'
Utility—
Credit Institute
3%s
3%s
1972
RR 4%s__ 1975
mtge
& Foreign Pow deb 5s
.-2030
American Telephone & Telegraph Co—
69%
44%
—;
—
8
_/
•
•
F-A
"38;
—
9%
*101%
58
—
52%
•
A
1st
Alleghany & Western 1st gtd
AUis-Chalmers Mfg 2s debs
American Airlines 3s debs_.
,,
52%
7%
A-O
-
1958
__1952
Southern
Albany &
90
54Va
Great
Power
2%s
M-N
'
Italian
"
,95
10
31
"5
—■
F-A
Irish Free State
-
68'
75%
65
"44%
—'
J-J
1964
part
F-A
Adriatic Electric Co 7s„
2%s
A6s
-
a
Government—
"
•
82%
"68%
—*
M-S
<
..1958
7s
1
assented
Alabama
70
75
"
J-J
—1949
external
Amer
J-J
(Republic of; 7s
Republic extl 7s__
85
73%
*24
RAILROAD
-
;
63%
65
J-J
AEstonia
French
53
82%
__
A-O
■>
Jan 1,1976
——-Jan 1, 1976
$_
s
1962
——Jan 1,1976
f
-
extl
F-A
_
-
-
.1955
■—
_1
85
A-O
111%
;
(Republic of)—
f
s
5%s
4%s
(City)
Alabama
-*40
—
86 %
73%
74
118
,
J-J
—
121
73
81%
73%
—1952
-
.
A-0
,
Warsaw
191 %
107'2
—
10G
Venetian Provinces 7s
A
10234
99%
—
"
,
1984
80
*77%
F-A
readjustment
81
*78%
J-J
extl
121
80
M-N
3%s
a
18
.
(int reduced
6%) extended to
1960
lADenmark 20-year extl 6s
1942
to
81
J-D
1979
..1978
conv
4-4%-4%s extl readjustment-—1978
79
*110
M-N
^-1979
'
107'/a 109%
Stamped assented
M-N
L'^ll
in
conversions
37/a-4l/a-4/(js extl
82
/2
*110
1937;—.
readjustment
External
44
(S
LOWf
124
M-N
6s
bond
44
63Va
106
■
fund
41
__
107 %'"
J-J
sink
3%-4-4VaS
71
*9942
-
J-D
,
AExternal
External
January 1
No.
High
*110
1946
6s
4o
13
*
...
fund
43
Range Since
Sold
1964
sink
37%
Bonds
—19G0
AExternal
75
70
Friday's
Bid &. Asked
F-A
(Republic). extl 8s
73/a
41
—
or
•
Low
41,2
71
:
13
M-S
___1953
—
Sale Price
High
k
63Va
M-N
1977
„
Sinking fund 5%8
25
—,
*38
M-N
__
—
37%
69
*38
J-D
25-year gold 4%s
1953
ACosta Rica (Rep of) 7s
1951
Cuba (Republic of) 5s of 1914
1949
External loan 4%s series C____1949
1
71
37%
*38
M-N
>
69%
Week's Range
Last
Period
New York Stock Exchange
January I
.
Interest
BONDS
Range Since
Sold
High
.
4 %s
Bonds
SAUruguay
Oct 1961
s
f $ bonds—„
§AColombia Mtge Bank 6%s
RECORD
Friday
Friday's
Bid & Asked
Monday, November 8, 1948
,
WEEK ENDED NOVEMBER 5
FOR
(Republic of)—
A£s of 1927
3s external
CHRONICLE,.
Week's Range
Interest
Low
Colombia
BOND
YORK
RANGE
New York Stock Exchange
FINANCIAL
&
—
*67
-•
74%
58 %
71%
"
'
.
(Int reduced to 2.375%)
A6%s extl secured
s
Stamped pursuant
(Int reduced
§ASan
Paulo
8s..__
to Plan
(Int
A8s
reduced
to
—
*30—
—
•
—
J-J
*23%
*39
—
J-J
—
1950
J-J
—
Stamped pursuant
(Int
reduced
to
A6s extl dollar loan
Stamped pursuant
(Int
IA Secured
reduced
s
f
to
"
J-J
1956
M-S
—
2.25%)
—
—
—
•*'.
*29%
—
*35
—
2004'
2%)„
—
40%
—.
A8s
secured
A7s
series
A4%s
B
external
sec
(Prov of)
J-J
—
J-J
—
2012
A-O
*26%
33
—
*33'
"
-
—
1940
A-O
—
7s
assented
1978
38
—
*26%
-
A-O
28%
*86%
90
*71%
For footnotes
see
page 29.
M-N
1962
M-N
1958
J-D
—.1958
Sydney County Council 3%s
Central
46
27
—
38
Georgia
34
J-J
"
May
•.
26
34
32
25%
-'"Central
registered
New
Y6rk
Central Pacific
4
ref
100%
99
4
75
1
—
,1st & ref series A
1957
J-D
J-J
6%
6%
6
—
—
6%
6%
8%
—
.
12
*6%
8
85
85
5
11
—
4^
3%
7
85
...
■
8
8%
13%
5
—
1
76
9%
90%
101
73%
\ 55
' '
68
73%
' 55
.
27
80 %
64%
71%
73%
•.
*106%
1
.58
59
66
48 %
107
__
'
78
%'
60%
,
76%
74
J-J
67%
76%
84%
■
67%
•
Q-J
'
107%
438
37%
85%
83 %
307
35%
85%
73%'
.74
204
32%
_
71%
32%
A-O
*99% 100%
97 %
F-A
101 % 101 %
101%
73%
69%
103
103%
--
'
35%
90
67
101
75
"
3s—1__1974
gtd gold 4s_1949
£7
67
J-J
—.^.1987
Power
1st
May
I
Q-J
__1987
AG^nerai 4s —...——..3.1987
41
83 %
1*
A5S'registered
A4s
100%%03%
"l
101
77% ' 77%
■
A-O
JACentral of N J gen gold 5s_'3_\-_1987
40s
24
Ry—
-Central'Illinois" Light 3%s"_I—1..1966
f
—
of
.101
■
1
i.;'
' *101 ■••:
\
J-D
39
36%
F-A
*
1st 'mtge 4s seT A
'
—..1995
Gen mtge 4V2S ser A_r____Jan 1 2020
Gen mtge 4%s ser B__..A-Jan 1 2020
.
29
"
,
.
101% 102
-
(4%% to AUg 1 194.9).:__%___1974
lst^mtge 3%s ser B_—________ 1968
F-A
99
F-A
96%
103% 103 %
„
10
>
1962
extl—.
extl
..-..^-1960
§ACent BranclrU P 1st gold 4s_l__1948
.
(Kingdom)—
ASilesia
1
•
'
7s
F-A
40
~
—
A
Stamped pursuant to Plan A
Celotex Corp 3Vis debs-._.T_._^_^1960
3 %"s debs (1947 issue V
.
1968
(Int reduced to 3.5%)
SerDs Croats & Slovenes
3).,
,
27
40
—
A
*39
to Plan A
to Plan
A-O
v
—
^*29%
'
1999
29
22
—
30
..
1999
to Plan A
(Int reduced to 2.5%)—
extl water loan
28Va
'.1,
A
2.5%
external
Stamped pursuant
A7s
,
—
M-N
25
—
,
1936
1
;
M-N
*28Va
..
•
.
'
—
2012
debs__*__'_''__3ir.>_196^
Ceianese-'Corp "3s
...
-M-N
1957
2%)-^-
Stamped pursuant
•
,
f
to Plan A *
to
(State)
2001
k
Champion Paper & Fibre deb 3s—1965
Chesapeake & Ohio Ry—
General gold 4%s—1_™—...1992
Ref & Impt M 3V2S series D....1996
Ref & impt M" 3V2s series E....1996
R
& A
2d
Div
consol
1st
cons
gold
4s
J-J
'
^
98
M-S
119%
98
2
119%.'
M-N
95
95
96%.
95
96%
2
95%
F-A
gold"4s.^__l&89
J-J
.__1989
J-J
115
115
120
..
.
,
101%
96
119%
102
104%
100%
130%
37
95
104%
64
95
106
2
115
117%
109%
110%
Volume
168
Number 4749
THE
COMMERCIAL &. FINANCIAL CHRONICLE
(1923)
27
NEW YORK BOND RECORD
RANGE FOR WEEK ENDED
NOVEMBER 5
Friday
BONDS
New York Stock
Interest
Week's Range
Last
•
.
Period
Exchange
or
Sale Price
Friday's
Low
*•
Bonds
Bid & Asked
High
No.
Low
Chicago Burlington & Quincy RR—
General 4s
1st "&
1st
&
&
ref
4Vis
ref
1st
Chicago
A
series
1977
mtge 3'/aS
inc
mtge
AGen
inc
A 1st
Louisville
mtge 4s
inc
1997
.
,A2d mtge 4'A5 inc
Chicago Indiana
Chic Milw
1st
St
Paul
mtge 4s
Gen
mtge
4Vis
conv
2nd
inc
mtge
1st
&
Pac
&
76
J- J
65 Vi
1
' 86
100%
66
28
54 %
inc
52%
26
39%
55'A
98%
88'A
93
33
99%
106
70%
70
71'A
122
Apr
65%
75
56
56
58
203
53%
61%
4Vis
Jan 1 1999
1989
Pacific
A_Jan 2019
ser
New Orleans
Apr
59
58%
J-J
"87
61%
416
5s
J-J
Apr
92%
92
22
93 %
2
J-D
J-D
Memphis Div 1st gold 4s
1951
Chic Terre Haute & S'eastern
Ry—
♦__
J-D
101
101
&
ref
M 2%-4'As
2%-4%s__
Income
Chicago
Union
1994
J-J
1_1__^_1994
J-J
3'/as series F__
:_1963
mtge 2%s ser G___i________i963
Chic & West'n Indiana conv 4s___1952
_
1st
ref
4'As series D
1st- mtge gtd 3%s series
1st mtge 2%s .ser
&
St
General
5s
Ref
&
Cin
Wab
St
J-D
-__1961
&
J-D
1st
4s
1991
1st
coll trust 4s
1990
Cleveland Electric Ilium
3s-____;—.1970
1st
mortgage 3s^—„.„1982
Cleveland & Pittsburgh RR—
Series C 3'As gtd
Series D 3 Vis gtd
Cleve Short Line
Cleveland
1948
*____1950
1st
Union
gtd 4 Vis
Terminals
lst
mtge 5Vis series
1st
1961
mtge 5s series B
80
106%
(
82
aqq
72
65 %
65%
,
7
97
92
95
—
.104%
101%
1st
101%
1st
67
47
101'A 102
12
98%
1st
A
mtge
2%s
ser
B
mtge
2%s
ser
C
58%-
101'% 102%
Continental
Gas
Crucible
Steel
& A Cuba
Northern
1st
107
10
3s
\
101
~I
104%
Ry
RR
§A7Vis series
94
99
92%
.95%
100
100 %
103%
J-D
107
106% 108%
430
106
110%.
A-O
100%
100'A 100'%
15
M-S
98
J-D
-
98
99%
91'%
M-N
.1942
50
100'A
17
3'AsA-
93
96%
12
118
127'A
94%
10
94
98
25
88
96%
103
4
103
105%
60
47
20'A
23%
121
91'%
2
88
68
57%
17% .29%
16
48
55%
J-J
♦103%
J-J
1951
M-S
A-O
102%
102'A 102%
M-N
104%
104
104%
9
101
101
1
100'A 101
3
106'A 106%
6
1952
37%
,__1953
M-N
M-N
80'A
84
3
31%
33%
37%
3 4'A
37
2%s___1975
A-O
A_1951
3s^
83'A
14
84%
18
103% 103'A
1
♦__
99%
98
103%
105'A
98%
102%
95
102%
-
104%
102%
108%
89%
77
103'A
104%
98%
99 V*
♦101
''
104'A
103
97
101
'♦101'/a
97
101%
J-J
♦100 »A
Div
1st
gold 3%8___1951
l&t gold 4s_______195'l
1st
Chic St
ref
L
&
N
Terminal
111
&
Union
Great
series
6s
Ry
A
4s
Northern
A—
J-D
94
94
96'A
37
J-D
89'A
89
89%
34
81'A
J-D
80%
80
81%
10
77
88'A
1970
J-J
♦99% 101
95
101%
1950
J-J
'100% 102
100
J-D
88%
100%
93%
♦—
90
102
85'A
85'A
RR—
1952
series
6s
1963
Co—
C
.ser
101
1986
ser
Iowa 1st gold
&
Imp 2%s
103
1963
;
4s
102
101
—
_„-1963
D
Ry
100
—
♦102
♦100'A
__
O—
5s series A__—
mtge 4s ser
F-A
F-A
ref'4'As^ series C,
ref
■
J-J
74%
73%
76
165
52%
76
A-O
27%
27'A
32
372
20
43%
J-J
68'A
68 'A
71%
102
48%
71%
J-J
68%
A-O
66 'A
J-D
t
36%
7/
3s_,
84
70
102
100'A
__1956
,
36%
106%
__
95'A
A Adjustment
42%'
1
33%
♦__
J-J
103 3A
100%
"101 %
Jamestown Frank! & Clear 1st 4s_»1959
12
83
35%
102%
100 Va
,__1952
gold
100
Alst gold 5s series C-_l__^
.11956
SAInternat Hydro-Elec deb 6s
^19'44
Int Rys Cent Amer. 1st 5s B_^.__;__1972
38%
33'A'
102
__
A-O
,—
gold
100%
♦99'A 101
Alst
83
35
1st
tlnternational
38%
♦35
Div
94%
♦101
1951
3'As
1st
95%
102
♦99%
Ref
83
J-D
94%
♦__
J-J
Indiana
94%
50%
:
J-D
:^'_.1951
gold 4s
Div
Indianapolis
38%
,
;
%:
F-A
Illinois
J-J
J-J
97
97
J-J
1st
102
J-D
_
66%
93
97
58%
•J-J
Joint
101%
96
1946
deposit rets
deposit receipts
56%
St Louis Div & Term gold 3si_—195~1
Gold 3'As
—LJ
1951
; 1st M
101%
97%
2
T946
-
A
100
134
95%
95
103
J-J
96%
J-D
U952
80
92%
f
__l
;
Bridge gold 4s__
111 Cent and
7
93
97%
101%.
68%
>
Registered
6
"
gold
receipts
§A6s series B
10
95
__1978
'
,
5s
Western Lines
96%
.1966
5 Vis
1st 5s
§ A Deposit
94%
99%
93
10
120
94%
103
M-N
1951
101%
101 »A
J-J
10
80
93%
118
•
J-D
107%
95
♦96
.1965
11%-
Springfield
101
.1968
__
3Vis___
1st
series A___1962
1950
104%
104%
__
♦93
118
•
F-A
104%)
101
27/is__ .1975
debs
mtge
5s
,__1966
.
M-N
92%
65%
102%
♦101
J-J
1955
Litchfield
J-D
93
♦93'/a
U951
trust
Cairo
A-O
§ A Deposit receipts
A Cuba
94%
-
97
M-N
—1955
108'%
.1977
2%s
1st mtge
Baking
f
sterling
103%
.1972
debentures
Consumers Power
M-S
96%
J-J
M-S
trust, gold 4s
Refunding
.1972
ref'3s series D
Natural
1968
Debenture 4%s
.1963
ref
3s
Collateral
♦102
.1982
96
♦76%
A-O
gold
102'A
106%
101
conv
1st
gold
Omaha
ser
100%
(j2%
^Louisville Div & .Term gold 3%s_1953
mtge 2%s
1
60
2%s_,_^__1976
i
__i__1978
3 %S_:
gold
104
104% 104%
.♦104%
95%
6%
98
63
Apr
4s-.~
101
102
F-A
J-J
91%
30
96
1st mtge 2%s__1976
lines
106
3s
gold
Purchased
49
J-D
8
9
96
4s
F-A
95
A-O
Telep 2%s series A—11981
Collateral
♦„
&
J-J
J-J
Bell
Refunding
1977
82
Jail 20^4
,
1st mtge'3s series B
Illinois Central RR—
101.
108'A
104%
70
l__1969
21
104%
1955
6
101% 101%
A-O
107'A
M-S
92%
72
'
*
96%
♦100
82%
8%
59
104
101%
88
7
94'A
F-A
100%
♦105
&
M
99%
G
83%
♦74
1%
J-J
1
B
ser
s
11
F-A
Consolidated
1st
11
f 33As A_
1st
1975
90
89
71
A-O
July 2015
90
;
88'A
71.
J-D
Coal
23
A-O
117%,
83'%
J-J
107% 108'A
1978
1st
1959
^
mortgage 3s_.
106'A 106%
103% 103%
M-S
123%
'
B
1st
107%
A-O
ref
Util
106%
47
112
116
106'
101%
__
1961
&
mtge. inc 4s-
103'A
47
109 »A
9
119%
♦87
Illinois
.
70
100
M-N
9
88%
Hudson Co Gas 1st gold 5s_^
1949
Hudson & Manhattan 1st 5s A_l__1957
AAdj income 5s_
^.—Feb 1957
99%
84%
Consolidated Cigar Corp 3'As__i_. 1965
Consolidated Edison of New York
1st
series
RR—
inc 5s ser A
D_J
A-O
__1980
101
77%-
102 %
103'%
M-N
♦100'A
97%
119
Feb
Hudson
' 82
103'A
A-O
11
J-J
Hocking Valley Ry- 1st 4'As__i__-_1999
Household Finance Corp 2%s_____1970
93
59%
2
♦87'A
♦101%
86
98
110
Feb
ref 3%s'seris
Extended
Ry & L 1st & ref 4Vis___l_. 1951
ref
4s
ref
mtge.
A-O
1st mtge 3s series
&
&
Ohio
Hackensack Water
68
34
J-D
F-A
81'A
97%
119
J-J
B
&
_1973
mtge 3s series L___j_:
1st
Mobile
1st
Commonwealth Edison Co—
s
ctfs
,__1977
(stamped modified)
Conn River Pwr
Debentures
A-O
Columbus & Toledo 1st extl 4s
Conn
O-i
Collateral trust 3%s___i
1
97
71%
65%
103'
103
2
J-J
N
ser
Gulf States
105%
1' 106%
78
93
71%
103%
103
1
109 % 109%
J-J
ser
1st &
96'%;, 101%
~7
J-J
M-N
62
85
98
J-J
2000
3%s
3%s
_____1972
Columbia Gas & Elec 3 Vis debs___1971
3VAs
debentures
;
—„__1973
Columbus & Sou Ohio El 3'As
1970
1st
1990
:
mtge 2%s ser P
1982
Gen -mtge 2%s ser
___2010
Gen mtge 2'As .ser R_^
1961
Green Bay & West deb-ctfs A
mtge
mtge
Gen
%V 102'A
91
Co-r-
A
1st mtge.4'As series C___
Colorado & Southern Ry—
4Vis
~4
J-J
J-J
66
105
H
95
♦__'
102%
102 %
J-J
Gulf
106% 3.09
96%
80
80
J-D
1993
Div
96%
104
50%
96%:.100%
—
♦91
J-D
.1993
B
Mich
Div
♦108'A
Ry—
impt 4Vis series E_i:_____l977
Louis
11
102
85
Af-N'
99
F-A
__^___1966
99
102
97%
High
55%
'101
M-S
J-J
Dil
Greyhound Corp 3s debs___
91
102'A
104 'A 106 %
97
F-A
-
series
97%
12
Range Since
January 1-
100
62
♦56
J-J
A
80
101%
42
29
-
60%
J-D
1976
Gen
100%
J-J
1969
gold 4s_*
General
A- O
1974
Louis
100
•
A
102
78
1
103% 104'%
104%
M-S
__1978
E
City Ice & Fuel 2%s debs
City Investing Co 4s debs
Chic
J-J
94
105
74
102% 102%
J-J
_1975
1st mtge 2%s
1st mortgage 2%s_
Cincinnati Union Terminal—
Cin
8
<
Low
♦103'A 105
1952
1st
80
77
J-J
1962
Cine Gas & Elec
Cleve
78
♦
100%
100
Station—i
1st mtge
1st &
78
107%
100
"l
56
M-N
Gen
100
■,
102% 102%
♦102'A
56
M-S
1973
1
series
Gen
71'%
101
102%
J-D
:
4%s
Gen
94
101'A
211
103% 103'%
1951
—_1951
i
5'As
General
70%
89
105% 106
Ry Co—
series B__.
General 5s series C
"•
'
105%
Northern
General
58'A
91%
Ry—
1994
4Vis
M-S
Great
Apr
B
&
M-N
Gas & Elec of Berg Co cons. 5s__„1949
General Realty & Utilities Corp—
A 4s conv inc debs
1969
Goodrich (B F) Co 1st mtge 2%s_1965
67
100% 101 Vi
Sold
No.
80
65%
92'A
J-J
Bonds
90%
55%
51%
52 Vi
High
120'/a
79
16
Ry—
Gold 3Vis
1st
80
111
6
76 3A
Friday's
Low
1961
debs
3s
ACertificates of dep0sit_^_u___—
Francisco Sugar coll trust 6s
:___1956
51%
71%
Jan 1 2044
B
AGen mtge conv
86
76
or
Bid & Asked
-
tFlorida East Coast 1st 4,%s_+J—1959
Alst & ref 5s series A_
1974
-
A__Jan 1 2019
4s series A_
Chicago St L
J-J
•J-J
99
34
3
Sale Price
•
Firestone Tire & Rub
'"100%
91
■
1183A 120
RR—
1994
ser
Chicago Rock Island
1st mtge
M-N
112
93
23
Last
Period
112
109%
—
94%
Week's Range
Interest
BONDS
New York Stock Exchange
High
108
9
98'/a
45'A ■ 45%
"75
!79
J-J
Western
ser
45'A
J-J
ser
conv
mtge 3s
94 Vi
M-N
A____Jan 2003
ser
inc
Chicago & North
__Jan 1983
A
ser
4%s
J-J
Southern 4s___1956
&
°98
94 Vi
Ry—
A
ser
9
110% 110%
F-A
F-A
mtge 4'As______ Jan 12038
&
110%
1985
3%s ser B
1985
& Erie 1st gold 5s
___1982~
Gt West 1st 4s series A
1988
Chicago Ind
1097/B 110%
F-A
.
5s
conv
J-J
__1970
.
mtge
Chicago
Chicago
-
B
mtge 27/8s__r
Eastern 111 RR—
&
Gen
1st
*_1958
ref
Friday
Range Sine*.
January 1
Sold
A 1st
series
5s
A_i_July 1952
B
68%
71'A
88
66
M-N
67
42
-
♦96'A 102
50
71'A
60
67%
102
99
D
Dayton Pr & Lt
1st
1st mtge
mortgage 3s—1978
Union Ry 3'As ser B_____1965
Dayton
Deere
&
Co
2%s
debs
96-
1965
A-O
M-N
C
_1973
M-N
Income mtge due*—.;
Morris & Essex division
_____1993
M-N
62%
May 1 2042
M-N
66%
N
Y
Lack
1st
&
&
ref
Western
M
5s
Coll
Tr
4-6s
Power
&
100
100
95%
95%
100
3
96
43
99'A
103 »/4
99 %
89
Light
3s
__1973
1st
mtge & coll tr 3%s_
__1977
Denver & Rio Grande West RR—
66%
A-O
62%
68%
101
100 % 100%
/
4
88 %
54
11.
54%
68%
100 %
A Income
mtge
A
ser
,1993
103
J-D
&
Salt
88
49
80
93
,
,1st
Apr
62%
62%
66'A
103
51'A
70%
1st gtd gold
mortgage 2%s
Kansas
City
-1978
Southern Ry '1st 3S—1950
95
1 %'
Detroit
&
Gen
—
(3%
contingent
fixed
int)
_1993
&
ref
3s
ref
G_i_
series H
2%s
Detroit & Mack
series
1st lien
I
J-J
80
80
10
66%
82%
*1966
M-S
108
108
108
3
107%
J-D
101
100% 101
16
100%
_1995
80
M-S
J-D
A Second
gold 4s
_1995
Detroit Term & Tqnnel 4%s__i___,-1961
Det Tol & Irontort RR 2%s ser B_ _1976
♦~
M-N
;
'
*
"
•
96
tSADul So Shore & Atl gold 5s
-1937
J-J
Duquesne Light Co 23is_™.
-1977
F-A
•
\
104% 105'A
•
J-J
debs
96
68%
—■'t
3%s series
A-O
101%
A-O
101%
J-D
Kansas City Terminal Ry 2%S—__1974
Kentucky Central gold 4si
:„1987
Kentucky & Indiana Term 4%s_i._1961
Stamped
Ga Div
1st 5s
Ed El 111
(NY) 1st cons gold 5s
Elgin Joliet & Eastern Ry 3'As
El
58%
,2
96
71
•
—
;
83'A
10
81
86
96'A
19
96
98%
47%
48%
16
38
49'A
96%
\
83VA
97
:.
9
>
Gen
mtge
inc
4%s
ser
lct
cons
For
Div
mtge
1st
2s
footnotes
see
100'A
114'A
J-J
J-J
;___1961
♦45
J-J
J-J
♦10O'/e
100%
112'A
97
94'A
_"__1997
J-D
♦88%
mtge income reg
.'—1975
Lehigh Coal & Navigation Co—
S F mtge 3'As Ser A——i
1970
Dec
A-O
F-A
A-O
.
1Q0
100
11
98
169
J-D
176
99%
103'A
96%
100%
Lautaro
1964
.1990
2000
A-O
J-J
J-J
1953
AT-S
M-S
ctfs__L_'
5s
Nitrate
Co
1
1'A
1%
stamped
stamped
M-S
105
90'A
105
90
95
108
94'A
46
2
102
111%
90'A
95%
88'A
98
82%
90
26
90
81%
92
7
98%
90
2
95
Co—
1—1954
1964
100
100
100
♦94'A
97%
84
96
1974
F-A
92'A
92'A
1
82%
95
F-A
67%
68
4
60
71%
71
71
2
67
75
27
39%
101%
106%
Lehigh
105%
1
'
105%
100
_____
4s
F-A
100
Lehigh Vai Harbor Term gtd 5s_^_1954
Lehigh Valley Ry Co NY 4%s ext_1960
156%
105% 105%
♦104%
__
66%
68
171
64
73%
93
94
♦94
102
84
84
10
81
86%
81
81
3
78
86%
95%
96%
♦95'A
99'A
100
100
J-J
71
M-N
36%
Valley RR—
stamped modified—
(
—2003
registered
2003
4'As stamped modified——
2003
4s
67
♦%
Ltd—^
Alst
102
'
J-J
Toll
3'As registered
141
A-O
Jan 2015
&
L
149
A-O
1971
50
44
97
112'/a
♦97
Laclede Gas Light 4%s conv debs_--1963
Lake Sh <&. Mich Sou gold 3%s—
1997
112%
1965
29.
50
__
108
M-S
110
♦104.
H
page
99%
97
110
^^1959
—
♦142
3'As
ser
mtge
103
104%
99
fAKreuger
♦111%
M-S
1st cons mtge 3'As ser E
1st cops mtge 3%s ser F__
1st cons mtge 3%s Ser G__
Ohio
.1995
M-N
J-J
A
96%
110
A-O
5s
1956
1970
1st 5s
5>
stamped
Erie Railroad Co—
101%
97%
99%
.99
1961
unguaranteed
13
34
100
♦__
__1961
—;
^
98
100%
99%
A-O
76
106%
96
„
«..__i___1965
& 8'western
Paso
94%
101%. 101%
101'A 102'A
♦__
Kings County El L & P 6s.^__A__^1997
Koppers Co 1st mtge 3s__i_._„__J1964
5s
East Tenn Va &
95
qq JL
J-J
98%
"
•
._1961
2.35s
75
'
J-D
83'A
Chemical
77
♦71%
„
96%
♦75
— —
M-S
Dow
83
98%
104'A
-1982
gold 4s
74%
95%
110 %
_1970
Edison 3Vis series
Gen
-
mtjge
35
97%
'*
J-D
Lehigh Valley Coal
5s stamped
Income
75%
967/s
J-D
1968
4s ser A
1st mtge
4'As
A-O
_1975
1st mtge
..
4s__1990
City Power & Light 2%s__1976
Plain
_2018
Lake
87'A
(4%%
contingent int)
Denver
J-J
'96
K
Kansas
68
1st
mtge ser A (3% fixed
l'/o contingent int)
74'%
M-S
97
80%
62
27/8S___„1976
102
Kanawha & Mich
♦83
74%
103%
Central Pow & Lt
Jersey
div
ser
A
Delaware
95%
103'A
♦99%
1963
Delaware & Hudson 4s extended
Delaware Lack & West RR Co—
96
103'A
J-J
J-D
36%
39%
36%
5
42'/a
76
30
42%
39
11
29%
40
11
36%
M-N
2003
M-N
44
46
Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s__—1965
A-O
71'A
71%
Liggett
A-O
5s
stamped
&
—
modified
Myers Tobacco
5s
1951
38'A
3 5'/a
_-_2003
registered
26 »A
36%
41 %
39%
38'A
4VAs
284
M-N
M-N
A-O
4
67
.
47
78
120
107% 107%
121%
107%
111%
COMMERCIAL &
THE
Monday, November 8, 1948
CHRONICLE
FINANCIAL
NEW YORK BOND RECORD
RANGE FOR WEEK ENDED NOVEMBER
Last
Period
Sale Price
Friday's
or
Little Miami gen 4s series A
A Lombard Electric 7s
series A
Long Island unified 4s
1962
1st &
ref
Louisville
1st
&
&
"ii
J-D
M-8
1949
MS
1949
MS
•1001J
1951
F-A
*108
108%
A-O
102
102%
M-S
106% 107
1963
1966
'
1978
25
25
34
18
4s
101A
102%
100%
—
102
3s
110%
15
100%
102%
105%
108 %
Ref
Coll
MS
4s
lien
Bonds
Range Since
Sold
January 1
No.
Low
102% 103%
103%
Q-J
High
29
Q-J
Q-F
63
63
Q-A
60
60
60
—2047
3-J
87
87
2047
trust 4 Vis
3-J
M-S
103
31
61
68
3
60
65%
88 Vi
31
87
94%
95
94'A
94%
3-J
—2047
—1975
107%
96'%
63%
-2047
High
99
100
—1997
Jan 12047
3s
registered
& impt 4 Vis series A.
& impt 5s series C—
& impt 5s series D—
Ref
2
—1997
registered
General
Ref
107%
Pacific Railway—
lien
PrJor
99%
Friday's
Low
Northern
100%
~2
100% 100%
or
Bid & Asked
High
107
107
Sale Price
27
92
100
93
95%
9
92%
100'A
101
93
101'A
101%
92
99%
1047/a
95'A
15
95'4
95'/a
17
95 »/a
99
—
95%
98
Nashville RR—
ref
1st
ref
St Louis
M-N
1952
mtge 3s
&
Low
Last
Period
New York Stock Exchange
January 1
No.
Interest
BOND8
Range Since
Sold
High
1949
Guaranteed ref gold 4s
4s stamped
Lorillard (P> Co deb 5s
3s debentures
Louisville Gas & Elec 3%s
Bonds
Bid & Asked
Low
Week's Range
Friday
Week's Range
Friday
Interest
BONDS
New York Stock Exchange
5
M
3%s
F
M
2%s series G
2003
A-O
91
87
101%
Northern
2003
A-O
*79
82
77
89%
(Minn)
gold 3s
1980
MS
93
93
96%
1st
Cine Div 4s
—1955
M-N
*101%
Div
Atl Knox &
2d
series
92%
108%
~
D5V
1st
111
States
Power Co—
1974
2%s
mtge
1st
95'A
95'A
A-O
1978
3-J
*__
1977
3s
1st mtge 2%S-
mtge
"iVgv
(Wise)
F-A
1975
mtge 2%s
A-O
*98'/a 101%
14%
*98
99
98%
A-O
*93
96
93%
*94%
95
99
10
M-S
95'/a
101'/a
M
Macy
(R H)
& Co 2%s debs
Maine Central RR 4%s ser A
97%
*98% 100%
M-N
1972
101%
M-N
*85%
86%
84%
91%
M-N
*„
70
70
70
{Ogdensburg & Lake Champlain Ry—
IA 1st guaranteed 4s
1948
1st mtge 3s
1974
1st mtge 2%s
1975
98%
Oklahoma
1960
J-D
72%
72%
72%
67
mtge & con 4s ser B
1954
Manati Sugar 4s sink fund—Feb 1 1957
Manila RR (Southern Lines) 4s—1959
May Dept Stores 2%s debs
1972
J-D
97
97
97
94%
98
1st
Corp 1st mtge 3s
1960
Metropolitan Edison 1st mtge 27/bS-1974
Metrop Wat Sew & Drain 5%s
1950
Michigan Central—
Jack
Lans & Sag 3Vis
&
4Vis
series
mtge
2%
1
94%
102 %
2
98
97
97%
35
97
101
98%
M-N
*101%
—
82
4
82
3-3
100%
—
99
80
5
103% 104%
of N J
Minnesota Mining
M-S
*101
A-O
57
57
5
51
A-O
99%
99%
8
98%
3-3
84
84
5
84
100
102%
101%
Missouri-Kansas-Texas
Prior
lien
40-year
Prior
5s
4s
lien
ACum
adjust
54
31
49%
72
73%
21
68%
79
78%
79%
20
1962
3-3
66
65%
66
11
1978
3-3
62 Vi
62%
62%
1
Jan 1967
A-O
70»/a
70%
74%
1965
F-A
88%
88
90
45%
1962
,
D
series
A
Pacific RR Co—
1st & ref 5s series A
A
General
A
1st
&
ref
5s
series
F„
A 1st
&
ref
5s
series
G
AConv
A
4s
3-3
gold 5Vis
&
ref
&
ref 5s series
gold 5s
71%
Moh'k & Malone
Morris
(John)
&
1st
99
99%
series M—
1979
3-D
98%
98
98%
7
1977
3-D
ref 3s
ref 3s series N
ref
Tel
27
27
31%
2.077
18%
88
90%
200
F-A
87%
87%
90%
261
M-S
65
65 %
6
61%
1986
M-N
1978
debentures
*103
M-N
101 %
101
18
90
96%
2
99%
A-O
1960
A-O
3s
debentures
f
s
Pennsylvania
Cons
J-D
General
4'/2s
5s
4%s series
Conv
75
67
64%
75
88%
93%
104 'A
New
M-N
*101
3-D
*100%
1952
J-D
1st gtd 4%s
3s
cons
series
B_
M-N
*—
3-3
3 '/as
series
Eastern
A
Certificates
A 1st
A
5s
5%s
Cons
Ref
4s
&
Ref &
A-O
F-A
1956
F-A
105%
118%
115%
—
99%
10
90
H O H CV
92%
90
93
'•
81
80
-4-
84%
26
78%
1954
~A-0
95%
95%
95%
90
85
84%
63
63
65%
195
63
A-O
67%
67
69
154
66%
A-O
74%
74%
76'%
104
73
ser
■
1997
3-3
82
82
85%
16
1997
3-J
78%
78%
4
76
F-A
63%
64%
6
62
1998
F-A
_1998
F-A
*58
1998
F-A
60
1980
J-D
61
'
92
2
79%
61
60
57%
92%
11
91
*90%
98 Vi
81%
*—
88
82%
2000
M-N
2043
J-J
2043
J -J
4%s
series
Y New
B
B
West 4s
series
A
&
Hartford
1st & ref mtge 4s
ser
1st
99% 100%
96%
98
100
100
100
97
73%
70%
81
76%
67
67
70%
370
60%
43%
43%
47
782
31
M-N
103
11%
11%
5%
5%
M-S
95%
95%
A-O
62%
62%
3-3
-*__
3-J
5s
—
3-3
*40%
1937
F-A
*__
1940
—"
F-A
20
1943
M-N
1982
1978
1981
Niagara Falls
Power 3%s_
„1966
Norfolk Southern
Ry" Co—
AGen mtge 5s conv inc
2014
Norfolk & Western
Ry 1st gold 4s_1996
Northern Central gen & ref 5s
Gen & ref 4Vis series A^.
page 29.
.
*74
J-J
F-A
103
2
13%
261
6
31
93%
102
3-3
102
*107
7%
3
25%
Rj> 5%s
1974
F-A
Ry 3%s ser D
1980
M-S
B
series
1974
*104%
97%
F-A
97%
98
89%
106
103
—
*__.
«
3-J
42
103%
97'%
104%
J-D
ref
2%s
1978
108'%
97%
17
97%
100%
99
33
98 Vi
102
97'%
13
97
100
F-A
1937
104'%
98%
M-N
1981
J-J
of
1st
s
f 4s
deposit
98
96%
99%
99%
08%
101%
*9%
11%
9'%
*9%
*97%
;
4s series F
F-A
100'%
8 'A
100'%
102
96'%
94%
99
J-D
*_,
1953
J-D
*102%
1957
M-N
*105%
1960
F-A
*103'%
F-A
Cons
mtge
5s
series
mtge
5s
113%
—
series E
"""""
102
113% 113%
M-N
110
110
J-D
106
106%
A-O
106% 106%
A-O
1970
106%
110%
—
1975
:
11%
113%
—
1975
series B
mtge 3%s
A
,
13%
11'%
100% 100%
G
Cons gtd 4s series
110
16
97%
M-N
1974
118
105
104% 104%
97'/a
3-D
2%s
113%
113%
*110
3-J
1
109
1U
14
103
110'A
5
103
110'A
84%
89'A
12
99%
103'A
13
100 Vi
103%
4
100 Vi
103%
13
79 "2
93
1
81%
93
12
79 Vi
93
—
M-N
debentures
1965
99%
99%
99%
Pwr
1st
Terminal
101
91%
3-D
101
101
92%
F-A
91%
92%
92
A-O
A-O
92
92'%
92%
*107% 111
J-D
108
„
117
J-D
1977
—1964
mtge 3%s__1966
1977
—1983
4s
100'/a 101
A-O
1974
5s series C
Elec
J-J
1956
1968
,1972
—
*100%
J-J
"•
99%
J-J
106
106
F-A
*__
J-J
*99'/a
~3
101%
109
—
105
106'A
"
M-S
*98
100
J-J
106
106%
~3
105%
108'A
M-N
102% 102 %
1
101%
105'A
&
&
ref
2037
mtge
90
*142
J-D
*210
!964
8s
3-J
2037
mtge 5s
ref
Quaker Oats 2%s deb
J-J
90
142
220
99
99
99%
M-N
85
86
M-N
—
145
210
216'A
*102
3
98%
13%
IV»
95 %
7
60%
Reading Co 1st & ref 3 Vis ser D_ _1995
Revere Copper & Brass 3 Vis
.I960
Rochester Gas & Elec Corp—
Gen mtge 4 %s series D_
_1977
Gen mtge 3%s series H
_1967
Gen mtge 3%s series I
_1967
Gen mtge 3Vis series J_
,1969
{ARut-Canadian 4s stamped
,1949
{§ARutland RR 4%s stamped— _1941
98%
67
69
97
97
15
32
—
40
107%
;
30
22%
73%
93%
93%
101%
,
52%
40
12%
77%
102
97
105
29
78%
A-O
—1974
M-S
—.1974
M-S
83
127%
83
99%
*10%
J-J
-
13
15
14
J-J
108'A
104
—
*104'% 104%
106
107%
7 Va
26
13
7»%
15%
i
109%
24
49
127% 127%
7
127
114%
107'%
107%
123%
M-S
M-S
93'%
102%
101%
85 %
*__
*—
*107%
M-S
83'%
101
98%
sSaguenay Power 3s series A
St Lawr & Adir 1st gold 5s„_
2d
A-O
M-S
47
105
106%
107%
100'A
R
103
3
*99 Vi 100%
M-S
98%
95%
105% 105%
1937
see
68
14'A
52%
J-D
For footnotes
59 Vi
ref
1st
75%
May
M-S
'
6
16
15'/a
85
J -J
—1954
8 A Terminal 1st
gold 5s
N Y Telephone 2%s ser
D__
Ref mtge 3%s ser E
Ref mtge 3s series F
***
63%
17%
62'%
77
81
1955
N Y Power <fc
Light 1st mtge 2%s,_1975
N Y & Putnam 1st cons
gtd 4s
1993
N Y State Elec & Gas
2%S—
1977
N Y Steam
Corp 1st 3%s
1963
{N Y Susquehanna & Western
RR-<-:
5 A 1st refunding 5s
'
78%
103%
100
*—
4s
gold
21
ref 2%s
1st
M-N
2007
gold 4%s_
84
&
1st
100
June 1992
5A2d
83
*
15 Ve
Public Service Elec & Gas,3Vis
1st & ref mtge 3s
101
100
M-N
General 4s
5 A General
27
*„
1973
A
{AN Y Ont & West ref 4s
A
83
1967
Providence
*104
RR—
AGen mtge conv inc 4Vis ser
A-2022
Harlem River & Port Chester—
.
99%
—1973
B—
Haven
J-J
62%
3 Vis
1st mortgage 3s
91
N Y & Harlem gold 3%s
Mtge 4s series A
F-A
N
100%
A-O
1st mortgage
51
A-O
&
97'%
1971
Potomac
97%
A-O
Lack
123
99% 100'/a
100
Apr
4%s series D
Pittston Co 5%s .inc debs—
64
1951
Y
103%
A-O
2%s
1st gen
1st gen
68 '
60
1986
N
94
1st mtge 4%s series C
1960
Pitts Youngstown & Ashtabula Ry—
1st gen 5s series B
1962
65%
63%
1975
Mtge 4s series
39
2%s
3%s
69%
61
F
ser
99
Pittsburgh Steel 1st mtge 4 Vis
1958
Pittsburgh & West Virginia Ry—
1st mtge 4%s series A
1958
1st mtge 4%s series B
1959
88%
82%
1998
gold 4s—
1st
98
Pittsburgh Consolidation Coal—
84
2013
„
Dock
98%
Pittsb Coke & Chem 1st mtge 3%s_1964
76
3%s registered
New York
Chicago & St Louis—
Ref mtge 3%s ser E
Connecting RR 2%s
J-J
1960
Gen
70'A
2013
A
3Vis registered
Lake Shore coll gold 3%s
3 Vis registered.
Mich Cent coll gold 3%s
Y
107% 108%
1985
F
ext
Gen
96'A
F-A
N Y Central & Hudson River
RR—
General mtge 3%s—
1st mtge 3s
111%
103 % 104'%
1984
E
ref
Gen
97%
—
,——1998
N
107%
104%
103%
108%
117
94
ref
92%
—
A
N Y
99%
10
100%
112
—
deposit
lmpt 4 Vis series
impt 5s series C
49
J-D
gtd 4'As series I
—1963
Cons gtd 4%s series J
—1964
Pgh Cine Chic & St Louis RR—
Central RR Co—
series
7
gtd 4s series H
:
90%
88
5s
Cons gtd
93%
99
85%
113% 113%
43
&
Cons
92 Vi
17
97%
& Wash RR Co—
ACertificates
94%
80%
—
32
99'%
Phillips Petroleum 2%s debs
1964
Pittsburg Bessemer & L Eric 2%s__1996
Pgh Cine Chic & St Louis Ry—
104
—
101%
99% 100%
Apr 1990
{§APhilippine Ry
107%
100%
97%
J-D
1st &
101
103'A
18
98'%
&
1st &
..
102%
98
34
92'A
*__
85%
25
93
92
49
98'%
97%
100
'
103%
102%
—
*—
106'/a
99'%
1st
102
99%
—
102% 103
—
A
of
*104%
3-3
deposit
series
Certificates
New York
3-3
102%
A-O
1st
.
*
deposit
of
102%
101%
99%
*98'% 100
—
4%s series D
101
100'/a
*100'A 102
3-3
1950
of
*116%
M-S
deposit
C
Certificates
Alst
A
of
Certificates
A 1st
A
series
100'A
■
4s
Pekin Union
General
99
J.1981
General gold 4%s series C——-1977
Philadelphia Co coll tr 4%s
1961
Philadelphia Electric Co—
F-A
1974
New Orleans Great Nor 5s A
1983
New Orleans & Northeastern
RR—
Ref <fc Imp 4%s series A
1952
New Orleans Term 1st
gtd 4s
1953
{New Orleans Texas & Mexico
Ry—
A 1st 5s series
B
!
1954
96%
1
101% 101%
New Jersey Bell
Telephone 3 Vis—1988
N J Junction RR
gtd 1st 4s
1986
New Jersey Power &
102%
«■ —
—
A-O
35%
2
1952
series
&
1965
;
AIncome 4s
105
102
1982
Light 3s
24
102'% 102'%
1961
debentures
102
'
-
101%
1948
Gas
214
102'A
98%
F-A
1968
D
4 Vis
deb 3Vis
mtge
Peoria
A
B
series
mtge
Gen
91%
100%
103%
97
9
103% 104%
5s
Consol
84'%
97%
series
General
Gen
England Tel & Tel 5s A
Newark
49
103% 103%
A-O
1960
sinking fund 4%«.
General
60%
89%
1965
104
83%
*97
106%
RR—
102%
54%
*101% 102'%
103%
43
J-D
,
A-O
46%
M-N
68 Vi
90%
series E trust ctfs
Phila Bait
3-D
98%
104%
A-O
f gold 4 Vis—1955
s
1952
15
-
93%
98%
102
104
27
97%
10
101 %
102'%
57%
»—
7
98%
98 %
104
1st
Pere Marquette
F-A
93%
93%
*101
100%
100%
3-D
MS
Pennsylvania Power & Light Co—
1st mtge 3s
1975
N
debentures
1970
National Steel Corp 1st
mtge 3s—1965
National Supply 2%s debs
—1967
Naugautuck RR 1st gold 4s
—1954
A-O
1978
*104 %
Gtd 4s
Nashville
3s
A-O
1987
*100%
Peoria &
Chattanooga & St Louis—
1st mtge 3s ser B
,1986
National Dairy Products 2%s
debs_1970
1986
—
debentures
M-S
79%
72%
91
3-J
78'A
»
90
& 111
56%
72%
91
& Passaic G & E cons 5s_1949
68%
1955
98
99 %
3-D
Paducah
90%
1991
56%
&
103
Paterson
90%
,1981
71%
71%
M-N
94
95%
Pennsylvania-Central Airlines—
A 3Vis conv income debentures—1960
31 %
88%
J-D
98%
_5
Pennsylvania Glass Sand 3%s
A-O
1955
3
96%
51%
M-N
2000
98%
94'%
90%
1980
101
98%
90%
76
101
103
1
96%
72
726
F-A
98
*93%
71%.
2,339
M-N
103%
96%
30%
51%
90%
90%
1958
104 Vi
98%
Pennsylvania Co—
87
1968
104
100
J-D
90
87
B
5
3-D
71%
87
debs
100
1981
56
87 Vi
gtd 3Vis
100
series Q
1980
Tel 2%s debs_——1985
2%s series P
80
M-N
H
108'A
98%
27
47
M-S
Constr M 5s series A
Constr M 4Vis series B
Mountain States Tel & Tel 2%s
3 Vis
99
62
M-S
I
3s
J-D
69%
1949
series
Co
&
Essex
1974
2%s debentures
3%s debentures
84%
—1978
1st gtd gold 4s
Monongahela Ry 3Vis
Morrell
series L
71%
—1977
series
3s
61
45 Vi
A
ser
1st
ref
61%
•
1975
A 1st
&
Pacific
{Missouri
A
J-D
1st &
57%
72%
6
1971
3 Vis
A
B
series
5s
52%
105
106
99%
98%
99%
J-D
series K
1st &.ref 2%s
RR—
series
series
4Vis
977/a
103Vi
106
J-D
—1970
3s
ref 3s series J_—
1st &
101%
J-D
___1990
93%
21
ref
1st
66
53
1966
3%s series I
1st & ref
1st &
101%
3-3
103% 103%
103%
1st &
100
96
1st &
& Mfg 2%s_—1967
St Paul & Sault Ste Marie—
1st mtge 4Vis inc ser A_
Jan 1971
AGen mtge 4s inc ser A
Jan 1991
98 Vi
Pacific Gas & Electric Co—
93%
*95
10
Minn
Mo Kansas & Texas 1st 4s
Gas & Electric 2%s
19
102
>
106%
M-S
M-S
1940
1st ext 5s
14%
F-A
A-O
87%
103%
1969
—
—1975
Oregon-Washington RR 3s ser A—1960
100%
102%
1969
s
14%
J-J
101
100% 101
*100%
104%
Ohio Edison
102 %
M-S
C— 1979
1st mtge 3%8
tSAMidland
100 'A
A-O
Michigan Cons Gas 1st mtge 3Vis_1969
1st
94%
102
97 Vi
M-N
1952
impt
102
3-D
—195.1
1st gold 3 Vis
Ref
94%
J-J
Mead
75%
109%
105
St L Rocky Mt & P 5s
85%
129,
■»
116
108
.gold 6s
t
1971
1996
_i.——1996
stamped-
1955
St Louis-San Francisco Ry Co—
1st, mtge ,4s series A
1997
A2nd mtge inc 4%s ser A:—Jan 2022
M-S
97 %
96
3-J
*70
80
•70
A-O
*__
109
3-J
*97
*97
V
100%
79 Vi
75%
J-J
83
83
84%
77
May
58
58
61'A
285
85
98 %
100
80
51%
89%
,
65 %
Volume 168
Number 4749
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1925)
NEW YORK BOND RECORD
RANGE FOR WEEK ENDED NOVEMBER 5
Friday
Interest
Exchange
Last
Period
BONDS
New York Stock
Week's Range
Sale Price
or
Low
St
Louis-Southwestern
1st
bond
4s
2d
inc
4s
Bonds
Range Since
Sold
January 1
NO.
Low
High
ctfs
Nov 1989
J-J
1990
J-J
105
gold 5s series A
St Paul & Duluth 1st
100 Va
3
88%
a-
99% 100 Ve
A-O
cons gold 4s_1968
Dept 3Ves B
1971
N E 1st gtd 4s
1989
Union
Paul
Scioto
V &
Seaboard
AGen mtge
Shell
4%s series A
(Jos E)
Union
&
Oil
J-J
1996
2Vis
Jan 2016
2%s
Sons
J-J
73
J-D
1966
debs
99%
1971
72
F-A
Skelly Oil 2%s debs
1965
1976
A-O
South
3s
Nor Ala
&
Bell
RR
Tel
gtd 5s
Tel
&
debentures
1985
debentures
1987
J-J
1994
J-J
1977
M-S
1969
*98%
M-N
Indiana
Pacific
Gold
Ry 23/4S
A
4Vis
4Vis
46
91%
1st mtg 3%s ser A_1975
RR Co—
Cons
93
80
91%
J-D
99
90%
95
93%
97'A
80 '/a
79
97
105
105
105%
105%
£0%
80 Va
*104
I
*105
,.1975
96%
107%
mtge 2%s series E
lst
&
ref
mtge 3s series F—.____1978
M-S
M-S
l.—1963
A-O
3 Vis
debentures-!
conv
Iron
102%
91 Va
—
Coal & Coke
lst gold 5s__1949
96%
94%
101%
103
31
107 %
112%
—
M-S
*99% 101
J-J
*—
1958
A-O
1995
Virginian Ry 3s series B
2
107 % 108
2003
lst gtd 5s
5s
cons
96%
*101%
M-N
92%
94%
101%
30
92 %
100%
2
78%
60
92%
104
78
87%
99
W
95%
90
84%
92
150
101%
84%
3
Wabash RR Co—
95%
100
102
Gen mtge 4s inc series A
Jan 1981
Gen mtge inc 4%s series B—Jan 1991
lst mtge 3%s series B_
:
1971
Apr
Apr
00%
80%
80%
80
80
80
1
75 Ve
85
Apr
96%
96%
96%
5
90%
100
97 Va
15
94 Va
90 Ve
1
85
104%
9
103
"
8
74
-
-
1st
mtge 27/bS series E
—1986
J-J
1996
J-J
1961
23/4s series F
1st mtge
J-J
92 Ve
1994
J-J
112%
2%s series G
Southern
!
1st cons gold 5s
4s series A
Ry
Devel
&
gen
1956
&
gen
6s series A
1956
gen
6Vis series A
1956
*85%
A-O
Devel
Memphis Div 1st gold 5s
1996
3Ves
debentures
2
;
M-N
Standard
Oil
Calif 2%s
(N J)
debs_„1966
deb 2%s
1971
&
2%s
Co
2%s
debs
debentures
_
J-J
1973
__
w
*102% 107%
120
91%
38
105
113.%
103%
—
110
108 Va
.
109
'
102 %
104 %
93%
17
93%
97%
20
102 %
105%
13
46 %
100 %
102%
51%
52%
*101% 101 %
93%
93 %
93%
13
95%
95%
3
92%
96%
97
«...
•
.
*
M-N
Walker
(Hiram)
Walworth Co
G & W 2%s debs_1966
M-N
debentures 3%s_1976
M-N
conv
Baking Co—
5%s debs
(subordinated)
1970
Warren RR 1st ref gtd gold 3%s._2000
Washington Terminal 2%s ser A—1970
Westchester Ltg
Gen
mtge
99 % 100%
Shore
98%
100 Va
100 %
3%s
&
Texas
imp
Corp
Texas
&
27/8s
series
D
—1985
deb
3s
New
Orleans
*115
A-O
96%
10
96%
101
36
103%
106
ref
M
3T%s series
B
1970
A-O
W-4.
&
ref
M
3%s series C
—1990
A-O
—
2000
J-D
Pacific
&
Gen &
lst gold 5s
3%s series E
ref M
Pacific-Missouri
Term
RR
of New
:_1985
*95
96
89%
J-D
1967
101
Union
J-D
~2
887/a
126
98%
121%
100% 101
A-
*102%
69
■
—
Ave
19
94%
127 Va
102
69
99
—
5s
AAdj
1960
income 5s__:—
J-J
Jan 1960
A-O
Tol & Ohio Cent ref & impt 33/4s—1960
J-D
Trenton
1949
M-S
Corp 2%s debs—1961
M-S
-
Gas
Elec lst
&
Tri-Continental
gold
5s
41%
71
40%
437
J-J
107%
10
M-S
G2% '
62 Va
64%
54
59
M-S
63
63
C4%
18
57%
1952
A-O
99% 100%
83
97
Jan 2014
May
107
97%
100 Va
Mfg
2%s__
101
101
11
99%
103%
M-N
101%
101% 101%
21
95
102
M-S
101%
101% 101%
46
88%
89 Va
-
conv
88
88
97
80%
94%
101
101
101
3
99%
101%
M-S
97
97
97
2
96%
99%
100% 102
266
100 %
102%
101 iS
103%
100%
J-J
_1973
:__194g
:1992
1970
M-S
1967
JlOOiS 10HS
J-D
J-J
Wheeling Steel 3%s series Cmtge 3%s
series
lst
D—
w—'
94%
'
1949
J-J
1936
102
A-O
M-N
Electric Co of Mo
mtge fc coll
3%sj
1971
debentures
3s
Union
Oil
2%s
1968
Calif
of
deb
3s
Pacific
27/hS
*—
——
*
3
4s
of
Electric
73
73
75
75
41%
41%
45%
93%
101%
100
.
deposit
102% 102 %
*98%
101
2
99%
1976
series
98%
98
98%
12
96%
—1991
C
F-A
M-S
88
88
88 %
27
77%
70
75
19%
45%
wu
409
*****
4fl >/»
/4
1971
J-J
1976
J-J
93
-.
*104 Va
~8
—
103
94
3%s
Service
64
1
77%
—
93 7/a
s, Peferred
included in the
101
87%
delivery sale
not
year's range,
not
included
the
Bankruptcy Act,
in
the
§Negotiability
103%
96%
—
Power
140
OU
J-J
J-D
101%
101
.
—
103%
113%
—
■
96 Va
105
'
>
•.
"
■
£
4
~
94
92%
k
Wf7
.
96
—
101%
111%
114
2%s____1976
'
J-D
100%
1
109%
105%
97%
22
101% 102
100%
94
*__
Y
RR—
2%s
mtge
105% 105%
■"
*96%
J-J
1970
debentures
Ref
—.
M-N
1967
s.
debentures
Union
A-O
93%
12
96
__
99
ft
M-N
1975
2%s_
trust
4—'
—
101
L
-
■
94%
*94
J-J
2
95
Ry—
A Certificates
of deposit
§ASu & Du div & term lst 4s
Public
*„
1960
lst 4s
B
Wisconsin
M-N
1958
3s_
mortgage
S
Central
S A 1st general
102
J-J
J-J
1971
debentures
Co
101
1951
Gen & ref M 2%s series A
&
«7Ve
101%
1960
debentures
tWiscbnsin
69%
..
101%
95
—
1
lst
109
106%
1951
4%s
64%
100%
98%
U
Union
-
1950
estate
&
Wisconsin
85
37%
—
*97%
.
}
67
—
*100%
—-
117
45
*100%
—
107%
1966
.
A Certificates
102
,
Ry lst ref 4s
105%
1
109
2361
Yonkers Elec Lt & Power 25/es
Third
106%
2
107 % 107%
—
55%
101
98
Telegraph Co—
Funding & real
25-year gold 5s
Wilson
100 %
Pacific—
Orleans 3%s__1974
100
106% 106%
J-D
107%
47%
*98
——
I
Western Pacific 4%s inc A
Winston-Salem
92%
89%
*120
J-J
*54
——
F-A
guaranteed
4s
Western Maryland lst mtge 4s
lst
RR—
&
lst
Texas
116%
103% 103%
103%
lst
Texas
114%
96%
M-N
1965
99%
97%
-
2361
lst
2.65s
J-J
2019
104
F-A
Wheeling & Lake Erie RR 4s
Terminal RR Assn of St Louis—
imp M 4s series C
,
90%
A-O
1950
Registered
Western
100
95%
~
West
2%s
Ref
stpd'gtd_.
5s
West Penn Power 3%s series
30-year
&
97%
—
-r-
Ward
Westinghouse El
Ref
—
83%
57%
93%
■,
„
J-J
...
1
51%
F-A
1966
*—1972
Sunray Oil Corp 2%s debs
Swift
5
102% 102%
Apr
Standard Oil of
112
58
'
M-N
ASpokane Internat lst gold 4Vis__2013
94%
18
96%
108%
*106%
*
A-O
1983
84%
90
112%
111% 111%
"
89%
76%
10
95%
107
J-J
80
78%
92%
112
95%
J-J
St Louis Div Lst gold 4s
1951
Southwestern Bell Tel 2%s debs_„1985
87%
92%
A-O
&
'
*77
A-O
Devel
''
'
109
5
99 Va
Pacific
1st mtge
100 A
104'/a
97
92 V's
92%
99%
99 Va
104%
96
96%
95%
__
F-A
M-N
ref
& Southwest
81%
101
—
96
1957
:
&
Va
93%
93%
High
97 Va
91%
94%
M-S
lst
Va
99% 100%
—
100
1959
Low
97 Ve
*90%
A-O
4s series A___1955
g
series B__-
96
98%
96%
1967
cons
f 4s
s
124
122
99
*90
M-N
1981
San Fr Term
Southern
101%
Co—
(Oregon Lines)
Gold
56'/a
97%
*92
—
A-O
M-N
Virginia Electric & Power Co—
28 Va
93
Vandalia RR
lst
F-A
2%s
4 Vis
96%
—
J-J
2%s
1st
92%
37
—
.—1979
Southern
97
Co—
debentures
Southern
74%
92%
98%
92%
—
102%
61%
-
35
*98
—
93
1966
—1976
debs
Range Since
January 1
Sold
No.
127 Va
98%
—
94
*31
J-D
11963
93%
J-J
Socony-Vacuum Oil 2%s
Southern
127
81
94%
2%s
Universal Pictures 33/4S debs
2
.
74 Va
*93%
—
A-O
ASilesian-Amer Corp coll tr 7s__1941
99%
Rubber
Bonds
High
102%
10
127 Va 127%
—
103
S
25/es debentures
100
Friday's
Bid & Asked
Low
U
5
:
Line RR Co—
Air
1st mtge 4s series A
Seagram
M-N
93
89%
28
100% 100%
109
80%
—
or
Sale Price
Period
High
98%
J-D
St
*86%
—
,
'
105
Week's Range
Last
Interest
♦
United Biscuit 23/4S debs
M-N
1989
BONDS
New York Stock Exchange
Ry—
certificates
bond
Gen & ref
Friday
Friday's
Bid & Asked
year's
impaired
JCompanies reported
or
n
included in the year's range, il.Ex-Interest,
e Odd-lot sale not
Under-the-rule sale not Included in, the year's range,
r Cash sale
y Ex-coupon.
range,
as
by
maturity.
♦Friday's bid and asked prices;
102%
94
A Bonds
•
no
77 of
receivership, or reorganized under Section
being in bankruptcy,
securities assumed
by such companies.
sales being transacted
.
during current week.
selling flat.
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
footnote
a
in
and
the
deferred
week
in
delivery sales
which
they
are
disregarded in the week's
No
occur.
account
is
taken
of
AND
range
such
sales
YEARLY
RECORD
unless they are the only transactions of the week, and when selling outside the regular weekly range are
in computing the range for the year.
shown
In the
following extensive list we furnish a complete record of the transactions on the New York Curb Exchange for the week beginning on Saturday,
Oct. 30, and ending the current Friday, Nov. 5.
It is compiled from daily reports of the Curb Exchange itself, and is intended to include every security,
whether stock or bond, in which any
dealings have occurred during the current year.
.
RANGE
Friday
STOCKS—
New York Curb
Acme
Acme
Wire
Hat
Aero
Co
Air
Investors
Convertible
(N
4.20%
(Mich)
Goods
Industries
Ltd
3 Va Mar
20
.25
900
10%
11
6%
„
6%
700
20
7%
5,300
100 %
92
3%
3%
6% Aug
14%
Jun
6% Mar
9%
Apr
36
5%
Oct
3% May
79
Feb
87
Jan
American
Maracaibo
American
Metal
Oct
American
Meter
Sep
American
Potash
105
94
2%
Jan
Sep
7
May
3%
1,200
27
27
28
21
19%
21%
15%
15%
1
12
—
16
__
•
54%
100
18%
1,175
12%
16
*
12%
50
Apr
4
Oct
47/a May
52
:
58Va
92
__
93
24%
„
26
-
9,000
200
.
700
*
7%
7%
7%
50
•
49 %
49 Va
53%
4,500
22%
Apr
12%
Nov
22
Jan
50
Feb
69
Jun
89 % Aug
22
Mar
98
May
16
7%
36
-Nov
Nov
43 %
Jan
15%
Nov
21%
Jun
65Q
27
Nov
32 Va
Jan
15%
Feb
11,800
4%
1,100
21,000
1,500
32%
Oct
14% Feb
18
Jun
Class
Products
new
12
Jun
3
Feb
7
12
Nov
13
class A
*
B
«*•»*-
*
'
American
Republics
American Seal-Kap common
—
Amer Superpower
Corp common
preferred
preferred
American Writing Paper common
$6
series
American Thread 8%
26
•
26
26
13
Jan
Anchor Post Products
56
Jun
An germ an
22%
""%
64
,
28
1,500
22
3%
26
13,300
%
.
64
51
Jan
Sep
36
Jan
26
Nov
36%
Jan
American
Bantam
Beverage
Book
American
American
Class
■
B
Car
Cities
Co
&
&
Hoe
American
&
Electric
common
com
:
see
__
1%
»
21,000
2%
■
1% Aug
20
1% July
75'/a Aug
■
76%
77
-
2% Aug
2% Jan
90
Jan
Light—
_
For footnotes
—
100
Power
preferred
1%
1
common
^
Gas
1
Co
American Fork
4%%
class A
page 33.
1
6%
*
16%
10
100
38 %
.*
—
6%
7%.
16%
18
38 %
41%
109% IIP
9,900
1,700
27 Ve May
18% Mar
3%
3%
200
1 Ve
46,100
71%
3,050
42 %
400
5% Jun
Oct
4%
4%
_5 Va
Mar
5
5Ve
5%
2,200
1% May
% Mar
72
Apr
5Ve ,Nov
'
..
Oct
-g
Jan
9
Feb
Jan,
Oct
Nov
Mar
10
2
10c
—*
1
*
Oct
38
27
*
Co
& Chem
5%
5%
500
5%
Nov
8%
Jan
8 Ve
5%
Co Inc common—•
8Ve
100
5%
Feb
8%
Sep
Xl4%
14%
1,050
13%
2%
Sep
Anglo-Iranian Oil Co Ltd—
American
Oct
22
30% July
*
'
15%
35
300
-
13%
3%
4
com—2
Co
^
Jan
40
Nov
Jun
4%
31%
25
8% May
38
Apr
Feb
15%
High
3 Ve May
Feb
31
25
35
15%
—
1%
225
35
25
6%
2,300
32
'
Range Since January l*
Low
2%
31
31
1
Oct
Shares
High
23/e
2%
..1
*
Mfg—
common
36
Sep
50
92
—
5
common.
3% May
57/8 Mar
Jan
100
100Va 105
__
1
.
Jan
2%
37 Va
common
Sep
Nov
6'% Aug
10%
6%
America, common
cumulative preferred
Aluminum
700
1%
r__50
of
Aluminum
2 %
37 Va
Corp
common
Aluminum
2
1
Products
$3.75
2
Low
.25
1
Allied
Co
Apr
6%
Inc__
Investing
Bros
7%
37'/«
common-
Internat
Altofer
47/8 Mar
1 Va
3
31%
pfd——100
Allied
Aluminum
300
3
Southern—:
Fisher
5%
10
Appliance
Great
Airlines
5%
.2
common
Power
&
51/4
1
Alabama
Alles
500
4,400
*
J)
Alabama
Alaska
\y2
3%
5
.
preferred
Electric
Air-Way
Stores
common—
Inc
\y4
Sales
for Week
Range
of Prices
Par
High
3
10
Inc__
Shoe
Mfg
Associates
Last
Sale Price
1%
common
Surpass
Agnew
Low
High
«-
Week's
Friday
STOCKS—
New York Curb Exchange
Range Since January 1
3
1
j.
Supply Mfg
Ainsworth
Shares
1
Alloys
Stores
Air
Low
warrants
•
1
Aluminum
Adam
for Week
of Prices
Par
Motors
WEEK ENDED NOVEMBER 5
Sales
Range
Sale Price
—
ACF-Brill
Week's
Last
,
Exchange
FOR
5% Mar
7%
Jun
16Va Mar
19% May
14,200
31
41%
100
107
Feb
Sep
Nov
113% May
Amer dep rets
ord reg
Angostura-Wupperman
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4% % pfd.
Argus Inc
14%
2%
10 Ve
100 %
4%
Arkansas Natural Gas common.
5%
Common class A non-voting—
5%
preferred
600
3
Oct
19% Jun
4
-
12%
Jan
Apr
11%
2,400
8%
Feb
100 % 101%
220
98%
Jan
108% May
2,400
3%
Nov
6% May
10
3% :
5%
4%
6%
5%
6%
10%.
10%
7,600
23,500
■4
1,100
4%
Feb
4%
Feb
10% May
8% May
8%-May
10%
Jan
29
COMMERCIAL
THE
NEW
YORK
Friday
stocks—
M«v Iirk Curb Exehaaga
Week's
La at
Range
Bale Prise
Aro
—
1
10%
17%
16%
19%
Aug
Colonial
Nov
14
Jun
Colonial Sand A 8ton# Co
12%
8,900
Feb
10
600
Feb
23
Jun
115%
•
Aug
6
%
17%
—1
200
17%
20
3%
3%
..60
6%
1,100
3%
58%
%
800
60
8%
Jan
Feb
1%
Jan
20
Feb
52
Nov
4%
2% Mar
50
Mar
Apr
~4%
3%
5%
44,600
3%
Feb
1
21%
21%
24%
4,300
21%
Nov
32
1
Plywood Corp
64% Jun
7 % May
5>/e
5'/8
5%
300
4%
Oct
6%
Feb
Automatic Steel Products Inc.—
Automatic Voting Machine
■9%
10
A Sons
•
common
preferred
.9
7%
8%
600
12%
12%
500
May
6%
Apr
9% Apr
16% July
10% Mar
-28
24%
Feb
26
July
I
—
Ayrshire Collieries Corp
7%
12%
■
15%
Feb
27
jun
com
Airlines
Babcock A Wilcox Co
Baldwin Locomotive—
If,
—•
preferred
Utilities
American
—1
Baumann (L) & Co
Beau-Brummel Ties
.
66%
Sep
Jan
66%
Sep
1,300
9 Va
Feb
34
9
Mar
14
Jan
Jan
11
Jan
1
1
I
25
1
—
200
6%
6%
11%
7%
4% Mar
12%
2
12%
2
36
13
600
2%
36
8%
600
8
800
38
1,050
8%
common
1
common
5%£ prior cum pfd
Borne, Scrymser Co
Bourjola Inc
1
15
15
7%
15 Va
7%
11%
7
7
28
28
100
7%
300
13
25%
—*
16 Va
1
Co
8 %
•
common
6%
•
75
39
Nov
British American Tobacco—
Amer dep rets ord bearer
Amer dep rets ord
reg
British Celanese Ltd—
13%
Sep
10%
Jan
Jan
28%
Apr
35
Sep
Sep
13%
6%
Sep
Sep
18
Jan
9 %
6 % Mar
Amer dep rets ord
reg
British Columbia Power class
A
7
Nov
150
28
Nov
50
Oct
25%
8%
27
80
8%
200
16%
16
20
1,600
6%
6%
1,000
23%
100
13%
13%
200
20
Feb
22% Aug
8
Sep
13% Mar
6 %
22
•
Class B
21%
11
10
i
Bruce
(E L) Co common
Bruck Mills Ltd class B__
Buckeye Pipe Line
Bunker Hill A Sullivan
2.50
9%
23 Va
Aug
14 Va Jun
18
July
Jan
Apr
300
15% Mar
125
8%
9
100
8%
Oct
Sep
21%
20%
21%
225
20
11
11
12%
2,200
10
5%
2,700
9%
1,600
1%
5
5
9%
22%
Oct
8%
1%
23
9
22
American
Creole
24
600
4%
Y
22
2% Jan
23% Sep
2%- Jun
Jan
13%
Cuban
Tobacco
Canada Bread Co Ltd
Canada Cement Co Ltd
.
ti
Davidson-Brothers
Day
Mines
Inc
common..
Inc.i
Dayton Rubber Co class A
Dejay Stores common
Dennlson Mfg class A common
debenture.
8 f»
.—:—I
Derby Oil Co new com
Detroit Gasket A Manufacturing
Detroit Gray Iron Foundry
Detroit Steel Products
Devoe A Raynolds class B
Diana Stores Corp common
Class B
12
May
Dobeckmun Co
Jun
Amer
1%
2%
400
13%
3,800
11%
8%
Carreras
Amer
Amer
Castle
(A M)
Jun
%
%
15,100
2%
1,100
Oct
1 %
May
Oct
3%
Jan
13%
Sep
Duke
%
1%
preferred
7%
2%
x7%'
7%
100
-
3,000
2 Va
2%
2,900
19%
19%
150
Peh
11%
Apr
Oct
2%
6%
7%
Feb
8%
8%
2Va
18
20
Apr
ser..
1929
Mining
Feb
Feb
20
Oct
25
Aug
Draper
10%
11%
500
Feb
"l%
~i%
6,800
43%
25
8%
8%
1,100
3%
3%
3%
700
45%
•
110
3%
3%
45%
110
3%
4%
5%
5
4%
36
Sep
10
Apr
Oct
6
Jan
53
Jan
45%
Nov
108 Va
Jan
3,100
400
3%
6%
Jan
Power
100
8
10
1%
Sep
7%
Sep
Jan
7%
Jan
■
Jan
38 Va
May
5%
3,300
5
Oct
8%
9%
65
Oct
16Va
16%
300
16 V8
Nov
19% May
85 V*
125
82%
90
10%
11%
45,700
Apr
Feb
9%
65
12
750
78
560
8%
5Vs
54
6
100
10%
10%
200
4'/a
4%
2,900
8 Va
4%
10%
10%
10
2.50
8Va
400
75
10
84
July
Jun
11%
Oct
Sep
21%
Jun
Feb
86 Va
Jun
Sep
21
Va
May
Sep
July
3% Feb
7% Feb
*
10
8%
Apr
Jan
10% Julv
13
dan
16%
300.
16%
25 Va
Jan
55%
55%
58%
300
54
70
Jan
15%
16%
200
18
Jan
Oct
6%
6%
200
Apr
15% Aug
5% Jan
6'/*
6%
1,100
5Vs Jan
3,200
10
City Auto Stamping
City A Suburban Homes
46%
46%
53%
54,200
5
13%
13%
14 V*
1,700
10
9%
9%
10%
500
%
31%
11%
9%
1
15%
14
-
7% May
7% May
Feb
1%
66%
Feb
Mar
'
Jun
Jun
11
Apr
Oct
4%
Feb
53 V*
Jun
1%
Jun
Feb
5% Mar
10%
Jun
37%
1
3,800
6%
9%
6
6
7
15
15
Va
500
3,400
2%
1%
100
31
31
17 V*
Apr
100% Mar
8
350
5%
15 v
14
6%
Sep
4% Mar
50
'-'350
■
"
Sep
3% May
3
Apr
35
Jun
20% May
16% Mar
10
.5%
14%
26
3,900
7%'
5%
16%
1% Mar
10
18%
Jun
9
Sep
101
101
8
2%
Jan
9% May
Feb
13% Mar
3,300
1%
17%
5'/a
200
2 Va
2%
56% May
Feb
3
6,400
2,700"
8%
15
"
Feb
Mar
104 V*
Jan
11 Va May
Jan
8
.
13% Mar
17%
37%
Oct
34
Jan
6%
6%
100
6
Sep
6% Aug
.3%
3%
3%
700,
2%
Sep
3%
Oct
35%
30
1
10%
137
,
137
16
7%
300
5% Mar
11%
7
10%
—
2,300
9% Aug
137
30
;
140
19
Oct
Mar
11%
Jan
2% May
18% Feb
11% Aug
4Va
Oct
28%
Jun
14
Jun
3,300
15 %
3%
3%
5,400
9
22 »/a
23%
1,300
12
12 ,
7Va
400
6%
y
6%
5,600
Sep
Apr
Nov
37%
22 Va
Aug
8% July
12%
NOV
137
15%
3 %
Feb
Nov-
5%
7%
Feb
Jun
Sep
15
7%
8
%
1,100
7%
Oct
12%
Jan
2%
.
2%
2,800
2%
Nov
3 Va
Jun
May
15
15% V
65%
68%
11 Va
Feb
-9y8
2,200
Feb
Jun
29
16% May
11%
May
425
65
100
35 %
Nov
40
Jun
74%
Oct
83
May
6Va
35%- 36
13
12
12
3%
13%
200
3%
3%
13%
2,100
Mar
79 V* May
Oct
8
Jan
11V* July
3% Nov
14
Jan
12%
16%
5'4 May
A Fuel Assn common—
4%
4%% prior preferred
9% preferred—
Sugar
Electric
Bond
Electric
49
May
July
May
50
58
Jan
3
2,000
2% Mar
4
V* May
76
125
57
Feb
88
64%
350
53%
Feb
12%
300
10% July
350
50
53
Electrographic Corp
14%
111,500
9
200
Nov
126
6%
2,200
10%
1,800
3%
6
10%
Inc
A
3,200
142% 149
common
3
Empire District Electric 8 %
Empire Millwork Corp
Emsco Derrick
14 Va
11
A Share common
59
12%
Light $7 2d pfd
warrants
%
97
pfd—
May
81% May
13
Equipment
f!nm commnn
2
1%
Esquire Inc
Oct
7
July
2
Va Mar
Jan
11
8%
Feb
Nov
5'/a
Nov
1,200
'27,900
23
1.7 Va
19%-
98
15%
1%
1
20%
Sep
3,100
9%
Jan
Feb.
Jan
Oct
2% July
45 V*
Jun
8% May
3%
Apr
50
Jun
14% May
3% Jun
Feb
35%
1U
23
.
Feb
6%
150
a
5%
li'tr
,
16%
150 V*
9,400
36 3
5%
Ltd—
Eureka Pipe Line common.
Feb
Feb
92
700
Oct
Feb
V*
3%
10
14
35%
14% May
2,100
600
Aug
%
63
Feb
Sep
7 V*
14
Feb
8%
10
97
7
convertible preferred
Corp
88 %
83
49
12%
Power A
Eureka
7
Feb
Mar
65% Mar
61
$8 pfd shares of beneficial Int.
$8
3Va
76
Associates-
Easy Washing Machine class B__
Electromaster
-825
Jun
72%
A
shares of beneficial lnt—
Option
375
78
49
3,700
82%.
Sep
2%
series
$6 preferred series B
Eastern
5%
80%
Eastern States Corp
preferred
300
74%
Eastern Malleable Iron
$7
14
Jan
30% May
Falrchlld Camera A Instrument
19
17'/a
29
1
4%
16,200
3%
Jan
•
10%-
10%-
12%
10,300
9%
Sep
15V
10
10c
56 %.
56%-
60%
61%
2%-
2%
Engine A Airplane
Metallurgical!
Fire Association (Phila)
First York Corp common
$2 dlv cum preferred.
4
4
.
...
46
Jan
800
-
-
250
2
Jan
31
2%
Sep
1
July
5% May
Apr
Oct'
3% Mav
150
3%
1,200
1%
Feb
4%
2
2%
23,100
1%
Feb
4
8%
8%
8%
200
7 % Mar
20
37
37
40%
1,100
24
Jan
•
6
6
6%
200
6
Feb
~5%
3,300
Apr-
18-
Apr
Flshman
Amer
1
15%
16
.£1
Ford Motor of CanadaClass A non-voting-
100
16
3%.
3%.
21%.
dep rets ord reg-
21%.
.
4
.
.
22%"
14% Mar
1.900
3% Aug
5% May
16%
Jan
23 V*
Oct
18%
JL1.600
Class B voting—
of France—
Jan
35
Aug,
10%
51
Amer dep rets bearerPitt Brewing Co—
Fox
(Peter) u<vn-.BT.
Brewing
Franklin Simon A Co Inc common
ru*
(rfvci /
4%%
Fuller
7>„
•
conv preferred
(Geo A) Co.
%
2
Jan.
:}£
5,800
10
10 Va
900
7%
Feb
11%
11%
300
10%
Sep
19
Jan
400
6%
Sep
9
Nov
II
10
Fort
1.29
)
9
8%
:
9
27
60
8
~8%
—2
10%
8
■
27
,
.
/
•
8%
.
Sep
.50
25
8
Nov
Sep-
inn
Mar
900
10 %
12%
Jan
7%
1
Jun
Jun
Jun
Jan
July
Jan
i
Ford Motor
"
7% Feb
General
Alloys
common
Co
13
4,300
9
15%
Sep
17% July-
90%
'20
84
Feb
92% July
-7%
400
6% Mar
300
1% Mar
"
5*
3%
Feb
10%
88%
Garrett Corp common
——
Gatineau Power Co common
preferred.
Gellman Mfg Co
Feb
•
38 Va
Jun
15%
2%
2
•
1
Fairchlld
Faiasteel
Apr
Feb
15 Va
3
1
~5Va
last Gas
14 % May
Feb
—1
—4
Jun
6
Ford Motor Co Ltd—
5%
16%
6%
9%
4%
1 Va
Co
(MH) Co—
8c to 81 Stores
16%
•
May
May
46
500
45%
6 Va
8%
~6%
65%
21% May
8
4
15 Va
1
lit
14 % May
5
10
4
Jan
Jan
73 Va
10%
11%
3%
13 %
125
1
-1
10
Duro Test Corp common
Duval Texas Sulphur
Eo',4tv
Sep
31
1%
Jun
50
1%
common
110%
Nov
1% Sep
4% Aug
4 % Sep
1%
Development ordlnarv
Jun
8%
100
100
1
July
2% July
57
85
16%
100
100
145
Feb
3
10
36
Jun
Mar
100
100
1
1%
35
1
Clayton A Lambert Mfg
Clinchfield Coal Corp common
Cluh Aluminum Products Co-
3
3Va
1
10c
88
80c
8
Corp—
Corn
Feb
1%
*
May
12% May
12% Oct
400
139%
1%
Feb
17'A Aug
Cities Service common..
Clark Controller Co
Clarostat Mfg Co
Claude Neon Inc common
3%
18
11%
.2.50
1
Charts Corp common
Cockshutt Plow Co
Jan
107/s
1
•
Cherry-Burrell common
Chesebrough Mfg common
Chicago Rivet A Mach
Chicago A Southern Air Lines
Voting trust, ctfs
Colon
Nov
xl4% Mar
43%
—1
17% May
% May
Sep
Jan
Aug
8% May
4% May
16% -Apr
10%
Feb
Jan
Jun
Nov
6% Mar
12%
,
Oct
2%
Jan
22 % May
»
10
Century Electrlo Co common..
Cessna Aircraft Co
common...
Chamberlin Co of America
Chief Consolidated
~7% ~7%
.1
«,
ser
1,200
3%
1%
x7%
Corp—_5
{Central States Elec 6%
preferred—100
Conv pfd opt div
Conv pfd opt dlv
4%
£1
Central Ohio 8teel Products.
Central Power A Light 4%
pfd
Central A South West
7%
4
Jan
Jan
Oct
21% Mar
Driver Harris Co
10% July
2
2s 6a
Central Maine Power Co—
3.50% preferred
Va
Dominion Textile Co Ltd common—
*•'
•
2%
15%
40
Feb
•
17%
III 1
Catalln Corp of America
49
41%
1%
lis
24%: Jun
...100
A Co
5,200
3%
Dominion Steel A Coal class B
Mar
Mar
10%
dep rets A ord
dep rets B ord
7%.
41%
*
Dominion Tar A Chem Co Ltd
16
•
Carter (J W) Co common
Casco Products common
500
6%
Oct
% May
8%
11%
13
5% Oct
-12<% May
10% Mar
8%
2.000
49 Va
814
350
Nov
3%
Ltd—
4%
14%
o^s ou*y
Mar
1%
1,400
4%
2%
1,900
4%
1%
11%
30
900
H5
9
14%
6 %
.1
5,400
1-20
_
%
..1
common-
16
600
•
Biscuit Co
Nov
dep rets ord reg—
23%
non-voting
Carr-Consolidated
112%
200
Domestic Credit Corp class A
Dominion Bridge Co Ltd
14
8
Carnation Co common
Carolina Power A Light $5
pfd—
Feb
27B fltuU
500
10a
21%
1
Carman A Co
72%
i, (oO
Distillers Co Ltd—
22
5
Capital City Products
Carey Baxter A Kennedy Inc—
2,900
-
12
14
1
Canadian Industries Ltd—
1% preferred—
Canadian Marconi
Aug
^-,2-60
Hosiery Mills
5%
1
Class A voting
4P
D
Davenport
11%
£1
common..
11% Aug
Feb '
1,300
3.80
—I
4%
60o
fl%% preference
Canadian Canners Ltd
commonConvertible
preferred
Canadian Industrial Alcohol—
Jan
1%
•
common
Curtis Lighting Inc common
Curtis Mfg Co (Mo)
—
11%
%
Caliite* Tungsten Corp
Camden Fire Insurance...
8%
29%
14%
4%
Jun
107
P00
32%
14%
114% May
2,100
3 %
1%
8%
Jan
70
.
Jun
10%
*/2
11%
Sep
Sep
8%
42%
"
13 V*
"A" partic.—•
Drug Co common
25c
Crystal Oil Refining common
•
$6 preferred
10
Cuban Atlantic Sugar common
8
5% preferred
100
32
„
Nov
97
30%
Crown Cork Internat'l
4%
28o
Calif Cotton Mills Co
California Electric Power
1%
—.-8
11%
12%o
pfd
l3
Nov
107
90
105% 112%
3%
61%
1,400
Oct
30
Feb
lfaO
'9%
41
106%
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
__«i
Durham Hosiery class B common—
American dep rets
5%
Calamba Sugar Estate
9%
Jan
6%
99
Oct
5% May
25% Mar
HO
98%
41
Crown
27% May
5% July
Sep
Feb
July
13% Jan
12% Feb
Apr
Sep
63%
Nov
•h
25
'
8
1
Cable Xlectrio Products
common
Cables A Wireless—
61%
107
99
*
8
10
—1
*
1
Brewing Co
Crosley Motors Inc
Crowley Mllner A Co
Crown Cent Petrol (Md)
2. BO
...
61 %
110
(ord reg)—£1
dep receipts
Petroleum
Croft
•
Burd Piston
Ring Co
Burma Corp Amer
dep rets
Burry Biscuit Corp
Butler (P H) common
900
29
7
60
convertible preferred
•
.
7%
29
7%
Jan
11% Mar
Feb
9
•
1
68,500
4
Jun
19% May
Nov
8%
8%
J/»
it
.
80% Aug
30
May
10s
Brown Forman Distillers
4% cum Junior
pfd
Brown Rubber Ob common
May
200
30
2%
14%
£1
£i
Oct
8
•
•
Apr
14% Aug
4% May
10% May
•
Co
Jan
17,400
23%
•
Brlllo Mfg Co common
Class A
36
3%
3%
100
.28
17
Jan
7%
3 Va
•
—
Oct
70
~3Va
•
Brazilian Traction Light A Power
12%
31
1
Blue Ridge Corp common
Blumenthal (S) A Co common...
Bohack (H C) Co common
7% May
15% May
7
May
19
500
•
Btrdsboro Steel Fdry A Mach Co com.*
«
4,700
4
39
Courtaulds Ltd^-
Jan
5
4%
1;
Cosden Petroleum common—,
Nov
5%
10% Mar
Feb
1
*
Reynolds common
preferred class A
Jun
18
1%
600
Feb
29%
6c
Inc
Aug
Feb
15
25
5%
5
___•
Convertible preferred
Oil
31,600
17%
11%
1
common
Benrus Watch Co Inc
Benson A Hedges common
British-American
6%
—1
common
Bridgeport Gas Light
Bridgeport Oil Co
"6%
3%
1,900
•
Copper Range Co
5%
(AS) Shoe Corp
Bellanca Aircraft common
Bell Tel of Canada common.
Blckford's Inc
*5%
17%
5%
6
Oct
43,100
1
—*
Co
Cornucopia Gold Mines
$1
Feb
7%
6%
38%
*
Car-Na-Var Corp
Cooper Brewing Co common
Coro
7 Va
1
1
Liquidating Corpx
Consolidated Mining A Smelt Ltd
Consolidated Royalty Oil
Corroon A
Beck
Corp
9
45
50
10%
$1.20 convertible A common
Basic Refractories Inc
Breeze
9
2,000
shares
Barium Steel Corp
Barlow A Seelig Mfg—
Blauner's
64 V*
37
Oct
4%
1
.Consol
Continental Fdy A Machine
Varnish Co
59
4%
-
1
—•
preferred series C—
Gas
9 Va May
900
it
100
,100
Consolidated
Nov
5%
4
28
series B preferred
4 Va %
5%
4%
35%
Inc
Consol G E L P Bait common
4%
2,300
4%
1956
to
High
6%
35 %
28
.Community Public Service
Compo Shoe Machinery—
Vtc ext
LOW
5%
4%
-
warrants
Co
Cook Paint A
37
59%
..10
Baldwin Rubber Co common
Banco de los Andes—
X
•-—1
Commonwealth A Southern warrants—
Hotel
Commodore
Range Bins# January 1
High
5%
—}
.
Colorado Fuel A Iron
Continental
B
Low
Par
112
10
Shares
ef Prices
gale Price
High
Low
£1
Atlantic Coast Fisheries
Atlantic Coast Line Co
Atlas Corp warrants
Avery (B P)
High
Colt's Manufacturing
American dep rets reg
Associated Laundries of America
Associated Tel & Tel class A
Atlas
^
Exchange
Curb
fsr Week
Last
STOCKS—
Terk
New
Banre Slnee January 1
Bales
Week's
Friday
Bales
Shares
_•
"i.io
Equipment Corp
Ashland Oil A Refining Co
Associated Electric Industries—
Low
NOVEMBER 5
(or Week
ef Prleee
Par
Arkansas Power & Light $7 pfd—
EXCHANGE
CURB
WEEK ENDED
FOR
RANGE
Monday, November 8, 1948
CHRONICLE
& FINANCIAL
>/*
1%
,
7% '
1%
2
10%
Apr
3% May
Volume 168
Number 4749
the
&
NEW
YORK
•
-
Friday
STOCKS—
New
York
Curb
6*
General
General Plywood Corp
6%
Gilchrist
Oct
5%
Oct
27%
36
40
98
.
100
Low
preferred
•
3%
100-
'
.4%
•
common
9%
Lamson
7%
7%
1,400
40
Jan
Nov
Xuott
Corp of Delaware—
Lagendorf United Bakeries cl A
Apr
Nov
x9
Mar
Feb
lou
Apr
Mar
117
Jan
Lefcourt
Jun
110%
Feb
5%
Sep
Le
12
100
5%
Class
Jun
33%
Jun
13
Jan
Lionel
38
Jun
Lipton (Thos J)
28%
32%
2,000
22%
24
4,300
18%
Jan
12%
1,600
iiy8
Nov
21 y8
Jan
13%
'"13%
13%
12% Aug
15%
Jun
Gobel (Adolf) Inc
214
1
common____
Godchaux Sugars class A——
Class B
,
•
2%
2%
21%
600
$4.80 prior preferred
Goldfield Consolidated Mines
.
:
Feb
35 %
21
80%
82
pfd
60
,u
,
Loblaw
Non-voting
7%
1st
common "stock
preferred.:
65%
/Gulf
Oct
91
%
Nov
Nov
63%
8%
67
8%
113%"
137;;
25
Sep
1,200
50
9
3,700
36%
113% 117%
pfd
36%
.
;
100
;
136% 133
common __25o
States UtUitlea $4.40
Mar
400
65y2
Oct
•./-*jmvs
200
18%
Jan
133
700
9.
300
'97%
Feb
36 y8
•
v130
Apr
m
Lamp Co.
preferred
1,400
5,100
Apr
Apr
10
V<r
1,700
Sep
25
May
20
2,400
24
Oct
13%
13%
1,800
Nov
60
97
-
44 %
Harvard
*
8%
39
Haseltlne Corp.
Dept Stores common
Mining Oft—_
:
Hecla
Helena Rubinstein
Class
105
Mangel Stores
Sep
preferred
common...
21
.16
22%
21
i
9%
11%
4,100
10
100
International
47%
&
19%
21%
*
111%
13%
12
(Harvey)
8t
..5
Aug
Ji)n
75
(A G)
47%
Nov
85%
7% July
**4
32%
16%
16%
Nov
20%
Apr
$9% Aug
139
Sep;"'
Jan
Apr
27
May
A
Class B
900
3%
3%
1,100
3%
Nov
6%
6%
50
6%
Nov
1%
1%
7,500
1 % Mar
1
May
Jan
4,500
22% Mar
42
July
150
37% Mar
44% Apr
30% Aug
36
38%
2%
Midland
110%
Jun
Feb
10%
700
9%
Feb
12% Mar
700
15 %
Sep
25% Jan
2%
2,400
1
Jan
3% Mar
Feb
10% Jun
111
July
108
5%
11,200
3%
4%
47/a
2Q0
3%
45
45
,—
10
*5% Feb
700
•
"l%
"l%
"1%
1,700
1% Mar
19
6%
6%
7%
1,200
6%
Nov
7%
8%
1,100
6%
Sep
10
t c__l
30%
30 Va
32%
2,300
Feb
32%
Oct
1
7%
7%
8%
21,500
5%
Feb
8%
Apr
5
11%
11%
12%
40,100
-7%
Feb
•
10%
10%
10%
200
2.S0
Co common—
Corp
1
v
conv
pfd.
19
24
24
24
Oct
28
325
19%
Feb
25 % Apr
700
3% Aug
18
Feb
21%
21%
23
44
Jan
Midwest Piping b Supply common
•
7%
Jun
Mid-West
1
~3
~3
~3%
4,600
2
Mar
3ya
Sep
7%
Jan
Miller Wohl
50c
8
8
8 Vb
700
7
Jan
Oct
42%
Jan
32%
,25
I»
18'/a
500
24
125
13% Jan
"
23
Apr
4% May
Apr
-
15% Nov
10% July
Sep
% Mar
19% May
2'/a
-1
9% Jan
Steel Products—
41
100
"4
10% May
2% May
7% Mar
Mid-West
41%
"3%
8% Jun
1
67/s
Jun
200
Jun
60
6%
Jun
41
"4
6% May
Feb
34%
X65
'II
}
7% Jun
Feb
Jan
43
6Va
1
t c
v
Feb
4%
47/a
88
7,500
—
common
8
16%
2
Feb
23
80.%
%
20% Oct
6% May
July
$2 non-cum dividend shares
Mldvale Co common
22%
pfd_l__
13
9%
Co
Midland Oil Corp $1
Jan
Nov
8%
13% Mar
16%
preferred
Middle West Corp—
Kx-dlstrlbution
'Jan
3% Apr
May
100
1,500
5%
Iron
35%
Jun
39% Sep
2%
2%
Middle States Petroleum class A
44% Jan
148
V
16% Jun
9%
Michigan Bumper Corp
Michigan Steel Tube
'
Aug
17% Mar
Feb
16%
Participating preferred
Oct
9
Sep
Chapman b Scott Corp—
6% %
May
Feb
l*eb
11
Warrants
Nov
Mar
24
75.
Jun
29
Co
k
Mlcromatlc Hone
liy8
3
500
22%
Jan
18%
19%
38%
Michigan Sugar
6% preferred
300
105 V.
112
Nov
10%
30V2
Co
Jan
3%
Sep
Apr
13%
9%
34%
Dredging
Mfg
Merritt
7% Apr
;
30%
30 Yb
110
-
b Ce class B__,
Johnson
Menasco
Nov
200
76%
Mfg Co
1st eonv preferred
•
Sep
100
20
4
Inc common—
Refining
Hussman Refrigerator $2.25
Common stock warrants
Mead
14% July
Sep
5%
31%
23% Jun
500
1%
common.
68
—-
Feb
12%
6%
11% May
99% Apr
31%
31%
15
600
"3%
Mfg Co common
McWilliams
May
"16%
LOO
Sep
14,100
2%
91
25
Oct
66
34
Metal Textile Corp common-
100
73
Apr
18%
Mesabl
43
Mar
44
21
9%
Jan
43
49
14%
12
common
Apr
14,800
350
2,000
-
111% 111%
13%
Jan
1
% Mar
6,200
u
65
3
7% Mar
Marine
11%
11%
Feb
72
$2.50 preferred
McKee
Jan
J.i.7*
3%
—
:
16%
28%
3%
29
common
Nov
800
49
9
-18
26% Jan
24% May
10
July
800
59
'19%
.
24% Jun
Feb
5%
12
Baking Co
Oil
&
7%
Aug
Feb
12
100
75.
May
26
11,300
23%
68
convertible preferred
McCord Corp
7% May
9% Aug
Sep
9% Feb
300
11
Apr
20
10
9%
701"'
;—
80
10%
6%
10%'
-J';'
preferred
Lock
47%
..5
common
Feb
Feb
85/a
5%
Aug
Mar
8
Sep
300
24
62%
McClanahan Oil Co common
,56% Jan
4% July
2% May
-
Feb
1,100
96
72
__
k Hardart
Huyler's
6%
; 1,700
9
•
7%
.10
k Co
HumDle
.
12%
9%
"l0%
■
(Geo A)
47
Nov
300
'
Hubbell
Hurd
300
13%
:04%
951/2
-1,
Inc
Horn k Hardart
e *
Mar
1%
5%
7%
common
10
00
w
(R) & Co class A
Horn
8%
9
100
w
Bollinger Consolidated G M
Holly Stores Ino
Holophane Co common
:
Hormel
9.%
■
12%
.3
T
w
w
Henry Holt k Co
Border's
5%
9
•
common
30
800
(The B) Co.
Mapes Consolidated Mfg Co.
9% May
8% Oct
Sep
2% Mar
100
3%
9%
Feb
49 V2
900
1,%
'11%
13
Sep
30
120
8%
Manlsohewltz
Apr
'
_•
$%% preferred
Hoe
5%
-.300
3
9
8
A
41
50%
2%
11%
25c
Heller Co common
4*
700
1%
•
Aug
July
22
22%
Maine Public Service Co
MeAleer
6%
50"
2%
Hat Corp of America B non-vot com—1
Hathaway Bakeries Inc
1.
Ream
y4
•39
_l
.
15% Oct
Jan
11
22%
Chain.
Massey Harris
6
50-
1
:
Brewing Co
15% Mar
M
Jan
9"%
Nov
5%
10
Jan
1% Jan
25
31
Marion Power Shovel
6%
___25
9
9%
Macklntosh-HemphlU Co.
Mar
8:i May
•
-•
I
May
May
%
Communication Co Ltd
Hartford Electric Light
Hartford Rayon common
7
9%
Jun
140 ;.
■a
H
Hall
Jun
28
Feb
13%
Groceterias class
Marconi
Hamilton Bridge Co Ltd
Hammermill Paper.
25
Feb
10% July
J14% May
Mar
91
190
37%
9
: 97
97
-
7
Gypsum Lime k Alabastlne
.
Inc
Longlnss-Wlttnauer Watch Co.
Long Island Lighting Co—
Common ctfs ef dep.
7% preferred A ctfs of dep.
6% preferred B ctfs of dep.
Louislana Land b Exploration.
Louisiana Power Jk Light $6 pfd
Lynch Corp
% May
57% May
9% Jan
'
Jreo
___100
___L
Grocery Stores Products
•
Jan
80%
52 Vi
100
6% Mar
*
;
23
20
I
common
Lone Star Gas Co. (Texas).
Jan
Jan
25
8
Great Northern Paper.
28
Class B
50% Jan
28 y4
6,100
53
Great Atlantic k Pacific Tea—
-
3%
Sep
——___i:.
Gray Mfg Co
i
Nov
Feb
5%
%
.
52%
10
conv
Grand Rapids Varnish
2%
22%
100
*-
^
"Graham-Paige Motors 5%
,21
9
Iff-
5Q
Gorham inc class A
Gorham Mfg common
Oct
10% May
Jan
Aug
19% Aug
%
Lit Brothers common
Oct
40
21.
l
Goodman Mfg Co
600
-
.
•
9%
Nov
23 %
35% Aug
11%
Corp
Locks Steel
,t
7
50
13 %
Line Material Co
Feb
6% Nov
11% Feb
26
9%
Realty common..
Development..
(RG) Inc
Apr
17% May
Nov
6
Tourneau
11
Sep
5%
87/a July
6% Jan
B
Jan
16
11%
Inc_
13
23
Leonard Oil
2% Mar
600
50
Bigh
26
Lanston Monotype Machine
La Salle Extension University.
110
7
200
"
23
—1
;
8
Apr
29
.28%
*
Glenmore Distilleries class B
8
2,200
5,200
Feb
25
2,50
;
300
97/a
3%
50
4%
18
12
Co
6%
9%
0
Jan
Feb
95
„-*■
—
14%
5%
Inc
Mines Ltd
xl05%
112% 113
...
1
—
14%
9%
Company.
Apparel
jLAko emote
2%
30
Low
5%
L'Aiglon
Jan
8
27
15,000
100
Range Sines January 1
Bigh
La key Foundry k Machine..,
9y8 May
98
600
4 V4
3V4
100-
_
Oct
Sep
7%
50
(Mr Week
Shares
Jun
6
1,400
/
4 >4
Range
ef Prises
.
•ale Prise
Jun
100
Co
Globe-Union
.
8%
4%
50c
common
Gleaner Harvester Corp
Glen Alden Coal
,
8%
99
•
b
Curb Kxshaugs
High
3%
2,100
1
preferred—
Gladding McBean
♦
6%
38%
pfd__—100
<.
Giant Yellowknife Gold Mines
Gilbert (A C)
6%
.
Georgia Power $f preferred..—
,
*
,10
General Public Service $6
$8
2,500
7%
6%
common
Outdoor Adv
4%
York
1>fll«le-Ohrlstv
General Phoenix Corp
j
3%
Low
22%
1,
preferred series A
General Fireprooflng
.
High
New
Wert's
Last
STOCKS—
KaagsSteeeJaJMuury 1
£1
General Finance Corp common
,
3%
Corp com—1
i
21
General Electric Co Ltd—
Amer dep rets ord reg
.
,
november 5
Friday
Shares
Low
(1927)
EXCHANGE
range for week ended
fer Week
ef Prleer
Par
v
CURB
chronicle
Sales
Range
Bale Prise
.
•
General Builders Supply
6 % conv preferred
Week's
Last
Exchange
financial
Midwest
:—•
Oil
Co
10
common
19%
20
'3%
3%.
80s
Refineries
Co
19%
•
Abrasive
3%
"
800
13%
32%
30%
Apr
5
May
24
Apr
22% July
Feb
Jun
5
0% May
36
L
2%
■
18%
2%
100
21
2%
1,000
16
Feb
Mining Corp of Canada
•
Minnesota Power & Light 5% pfd—100
25
Jan
I
Imperial
Chemical
9%
9%
10
950
1
9%
Nov
16%
Jan
3%
Nov
8Vb
Feb
Industries—
£1
k Iceland
"s
3%
15%
17%
16%
Imperial Tobacco of Canada...
Imperial Tobacco of Great Britain
.•3%
16%
"16%
11%
11%
£1
Indianapolis Pwr b Light 4% pfd__100
Insurance Co of North America
10
International Cigar Machinery
•
8
90
1,300
14,900
300
17
11%
11% Mar
9%
"1,400
8
90
11% Mar
200
8
150
1,150
92%
11%
13%
Feb
Oct
11%
11%
12
500
521%
52%
52%
88.- July
,
200
96
110%
15
International Hydro-Electric—
-
Preferred $3.50 series
International Metal Industries A
International Petroleum coupon
__50
51
•
shs—•
11%
11%
12
12
11%
12
*
1%
1%
11%
11%
131/8
1%
r%
1%
12,100
1%
8
.1
•
Italian Superpower Corp com cl A
xl5% .16%
•
l5-
_ii
%
900
Jan
27
Jan
1
1
6"%
6%
7%
1,500
6% Mar
8% Oct
3%
3%
3%
4,100
2%
Feb
• % Jun
Oct
96% Jun
103% Jun
3% May
common
Producers
Mountain States Power common
States
Tel
Muskogee
Jun
2%
90%
25
2%
200
-
162% 164
31%
31%
4
4
10c
10
15%
32%
32%
104
24
27%
10%
50
90
•
96% Aug
2% Feb
162
Aug
32%
75
31%
Nov
4%
700
3%
15%
1,900
12%
Feb
34%
650
105%
70
26%
300
30
23
25
10%
11%
11%
11%.
100
8%
9%
300
1,200
Jan
97% Mar
100
24
Sep
'
July
4%
Company
common
8%
r
Nov
2*4
May
Nachman
,7%
Hamm's
Inc
b
13
100
13
11
Sep
Apr
National
5
5
700
4% Mar
3%
common
3%
3%
13,700
2% Mar
35%
110
29%'Mar
34
Breweries common
7% preferred —
National Fuel Gas
33%
—
xl1
Feb
11
11%
5,500
13%
13%
300
12%
Feb
13%
13%
100
12
Oct
12%
12%
12%
700
8%
8%
8%
1,400
12% Aug
7% Mar
8%
9%
300
20%
20%
1,400
3%
Nov
9%
6%
2,500
4%
Feb
National Steel Car Ltd
National Transit
Jan
4%
/'
5'/8
200
4%
Feb
8% Aug
9% Jun
300
4%
Sep
6%
20%
i
Apr
Jun
88% Jan
National Radiator Co
Kennedy's
104
123%
34,200
123% 124%
40
14%
Key Co common
.7
A Co.
14%
100
13%
Inc
Kldde (Walter)
10%
13%
300
7
10%
7
'10%
25
Ill/a
300
107%
30
8%
Feb
122% Aug
11% Mar
13%
Oct
6% Aug
15%
125%
Jan
Jun
17
9%
9
Jan
99%
Apr
45%
Feb
60
Jan
Mar
Jan
48 Va
12% May
Kimberly-Clark Corp—
preferred
100
Kings County Lighting 7% pfd B—100
6% preferred D
100
King Seeley Corp
1
Kingston Products
1
,
Kirby Petroleum
Kirkland Lake G M Co Ltd
1
1
104
37%
16%
13%
1
16%
17
700
2%
3
it
3 %
7.100
13%
14%
2.300
IA
1%
2,200
Klein
(DEmll) Co common
Klelnert (IB) Rubber Co.
lio
-1
-1
.....
page
2%
13
Nov
New
33.
13 '
21
7%
13
100
21
21%
125
.
7%
7%
400
'13%
13%
100
N
Y
Jun
N
Y
Sep
19% Oct
N
4% May
Sep
20%
1A
Sep
13
Mar
20%
6%
13
Apr
Feb
Jun
Jan
Mar
16
Apr
Jun
9% May
17%
N
4%
1,400
3%
3,600
2% Mar
22% jun
4% May
3% jun
13% Aur
10
10-
15
7
Park
St
Watch
Co...
27/a
84
2%
8%
Jan
13%
Feb
200
4%
Feb
390
85%
1,400
&
2%
Oct
17% Aug
7%
Oct
96
May
6
Jan
7%
7%
8%
700
7%
Nov
12 Yb July
67%
70%
1,700
59'/a
67/a
b Arizona Land
6%
7%
3,900
Jan
Feb
10% May
-
Y
Shipbuilding
Feb
2% Jun
1%
1,700
75
Feb
300
9
Mar
29%
29%
31
300
27
Feb
11%
11%
12
250
11%
Nov
15
Feb
14%
Rosarlo.^
Merchandise
Y
1%
72% July
"9"%
Feb
19
May
common
Honduras
6
~9
1%
Mining Co
Co
82% Mar
67%
preferred—!
1%
Process Co common
Auction
Feb
100
-
7
2%
15
700
16%
84%
Tel
100
88
July
10% Jan
32
May
Corp—
Founders shares
Jun
14
24%
Clock
Mar
17% Feb
10% May
11% Feb
2%
10
Zinc
New Mexico
Nov
1% July
11
Knott Corp common—.
Ko backer
Stores..
For footnotes see
12% Mar
107%
Haven
4%% convertible
New Jersey
New
4Mi*
Krii*m»r Br • wine On
New
17 Vs May
Sep
2%
Mur Co class A
New England Tel St
8%
'
4%
15%
Corp
(Herman)
...
Sep
15% Jan
6% May
4% July
37% Oct
37% Jun
12% Jan
16% July
16
May
2%
Neptune Meter common
9.
13% Jan
14% May
11% Aug
~4Vb
common-
National Union Radio
Nestle Le
pfd
8%
National Rubber Machinery
Nelson
K
9. '
11
Mfg St Stores common
4%
-
Kalser-Frazer Corp
Kansas Gas k Electric .7%
Kawneer Co
„—
National Pressure Cooker common..
5-5
4%
Kokenge Co
34% Nov
July
27
Aug
33% May
lis
Sep
5
common
National Bellas Hess
Apr
1%
8%
-
20 % May
•
13
Corp
5%
5"
Preference
Julian
Apr
N
2% May
13%
1
Jan
% Mar
s..-.
Muter
3%
5%
Jun
4% May
17%
10% Aug
10% Oct
National
3%v>
40%
Jan
common
National Malllnson Fabrics—
Jefferson Lake Sulphur Co
Jim Brown Stores common——
178% Jun
Jun
.
Jeannette Glass Co common...
May
10% Sep
Feb
,
15%
100
Oct
10
90%
19#
100
1
•
•
—-•
•
2.60
10
—80s
b Tel
Apr
Co
~9
•
....
Vernon-Woodberry Mills
Murray Ohio Mfg Co
Muskegon Piston Ring common
17
1% Feb
15% Nov
600
%
•
::: 300
5%
104
23% Mar
50
Mt
13 y#
Oct
■!£ Mar
V.
Mar
•
Mountain
14
9% Mar
•<
96
100
Feb
24
200
1,700
Jan
Sep
11%
6,000
;
5
25
25%
Oct
9 % Mar
700
10
International Safety Razor B
International Utilities common
Investors Royalty.
59
5,800
97%
25%
Public Service
Mountain
Mar
9 '/a Mar
200
11%
12%
Registered shares
International Products
Iron Fireman Mfg voting trust ctfs
Irving Air Chute.
Mar
X22 %
Oct
12% July
Oct
90%
Oct
17%
Jan
103% 107%
.
103%
17%
9 Vb
97%
25%
convertible preferred
Molybdenum Corp
Monogram Pictures common
Monongahela Power Co—
4.40 % cum pfd
4.80% cum pfd series B
Monroe Loan Society com class A
Montgomery Ward b Co class A
Moody Investors partlc pfd
Morris Plan Corp of America
'
•
%
97%
4% %
3 % May
Feb
Jan
Mar
Missouri
Hydro-Electric Securities
Hygrade Food Products
„
Jan
Niagara Hudson Power common
5% 1st preferred
5%
2d preferred
Class B optional warrants
Niagara Share Corp class B com.
_
Niles-Bement-Pond
Nineteen
Hundred Corp class B—
7%
7%
100
100
97
97
9%
40,000
875
10% Jun
7
Feb
92
Feb
105
Apr
117
Jan
Jun
8% Jan
1
May
X92%
Jun
60
Va
3.500
10%
1.900
9
10
3,800
9
Nov
11% July
12% May
22
23
500
12
Feb
23
A
10
8%
101
100%
A
10
%
Oct
31
32
COMMERCIAL
THE
(1923)
NEW
YORK
WMk'a
Friday
Curb
Exchange
Low
North Amer
North
American
Class B
North
Northeast
North
RR
Oct
Bcullln
Steel
48 Va
Jun
48
Jun
Securities Corp General
Seeman Bros Inc
43%
400
33 Ve Mar
40 Va
42
500
33
16 %
16%
16%
300
15
2%
1,700
•
Utility Securities—
Texas
S
Oil
Airlines
Penn
8%
40%
1%
2 %
—1
Co
50
Northern Indiana Pub Serv 5%
2%
92
92
52
_p
Oct
Sep
90
«Va
~9
Jan
97
'in
4
May
21% May
3% Mar
Mar
2Vs
10
pfd. 100
Northern States Power (Minn) w d
Mar
Feb
97 Va
*
Va
24,600
8
Nov
9%
7
Feb
13%
Oct
19 Va
2,100
16
Apr
22 V*
Jan
(R B)
Sentinel Radio
Ohio
Brass
Co
Ohio
Power
4%%
Oklahoma
Old
class B
Polndexter
Oliver United
40
40
41
375
33
Jan
101
103
120
101
Nov
1#
3514
1
9 Ve
Distillery
class B
35 '4
400
9 4
9
36%
4,000
14 Va
50
30 Vs
5
•
14 %
21
Securities
1
21
8%
23%
8'4
400
Oct
14 Va
Sep
17 Va
Jail
7%
Jan
25
Fsb
13
Aug
May
i!
Pacific
Lighting
$5
1
5%
•
pfd
Patican
Ltd
Piper Aircraft Corp
Sep
4Va
Oct
10 Vs
Sep
14 %
Aug
Mar
19 %
Sep
11%
32,000
19 Va
25
23 VB
150
22
18
20
400
17%
Feb
11
80
3 '4
•
3%
47VB
3'4
47 Va
50
common
~7% ~8VB
7 %
3 Va
Corp
•
2
2%
102%
405
42%
3 Va
53 Va
53 Va
1
2
900
3%
100
59
39
Jun
Feb
6% May
54 Va
Jan
Oct
5V2
Jan
Feb
48
5,300
1,400
8%
70
July
11% May
9% Mar
3% Mar
11 %
6%
23
23
100
22
2i°6
2A
2%
2%
2l4
2%
1,200
2,700
Jan
6
11%
Oct
Feb
9%
Jan
Feb
29%
Jun
Jan
2
11 Ve
11 Vb
12 Vb
2,400
2
2
Feb
37 Va
50
73
5
Va
18
72
•
.17%
4 Va
4,Va
810
58'/a
Feb
75%
Oct
8%
Jan
21%
Oct
5 Va
6%
6,200
3%
Jan
11%
2,500
10%
Nov
4% Mar
13 Va
common—
18%
i
i
•
12
1%
12%
1%
9
Oct
97%
Oct
*4% May
9
•
6%
9%
4,700
300
F6b
Feb
16
May
1% Jan
200
2
9%
3
Jun
9
Service
11
Jun
90%
90%
25
J.
90%
NOV-
!•
'
Apr
May
10%
,f/iv ;'
—100
Light—
85 prior preferred
Puget Sound Pulp to Timber
Pyle-National Co common—
Pyrene Manufacturing
8%
Mar
8V2
of Colorado—
cumulative preferred..
May
15
Feb
37
12
Apr
15
Jan
87
2,400
Jun
6 Va
Sep
•
8
Jan
5
9V2 Mar
IIlOO
America
Feb
2,700
10%
7Va
Jan
41
Va
75
300
3750
Mar
4
13%
July
4 Va
~57/b
11
Mar
20%
—10
„25o
common— .2.50
Aug
Oct
,>4'
95
95
95'/a
150
90
Jan
99
23%
1175
23%
26%-
23%
Nov
30
Aug
13
13 Va
225
14
6 '/a
100
11% July
6% Sep
6
91
89
.100
preferred
140
Va
140
Quebec Power Co
4
49,400
19
25
3,800
77
77
50
"2%
"2%
~3 Va
1,700
2%
Nov
1
3 Va
3%
3%
1,200
1%
Feb
7/B
7/B
%
200
% Mar
14%
14%
100
10 % Mar
1% May
15% Oct
12 %
13%
700
12%
Nov
15% May
2%
2%
800
2%
Feb
8%
Jan
Feb
Va
14%
92 Va
540
140
79
Mar
130
140
Nov
25
14%
12
x96
Mar
Jun
152
July
15% Aug
1%
1%
1%
10
17%
17%
1944
1
1%
1%
1%
A
-
28'
10
Raymond Concrete Pile common
83 convertible preferred
*
54%
Raytheon Manufacturing
53%
5
5%
5%
common
A
—6.25
Co
•
1
Co
to
1
Engineering
Grande
(Texas
Amer
v
t
c
Corp
Field
Rotary Electric
120
6%
11,000
5%
5%
5%
1,100
20%
20%
22%
2,300
3%
1%
3%
1%
4
800
1%
Inc
Consolidated
Ryerson to Haynes
27
Feb
Sep
20%
Jun
•
1% May
31
Jan
5 Va
Feb
Oct
ly % Mar
3% Mar
9%
5%
Sep
3 Va
Feb
26 Va
1,300
■2%
3Va
1,800
2%
9,700
24% Mar
2%
Oct
Jun
32
20%
500
1,700
55 Va
54
59 V4
3,000
54
Nov
105%
105
105 Va
320
104
Jan
10
26
Schulte
(D
A)
Inc
*
1%
Jan
2% May
25
26
Mar
23
Mar
37%
18%
35%
35%
5 Vb
41%
7%
8%
800
21
22%
575
14%
10
5
21
5
9%
2,800
,
900
1,900
9%
Feb
3% Aug
17
6V1
13%
5%
Jun
Sep
Jan
43
Oct
Sep
11%
Apr
Jan
24 Va
Oct
Jan
11%
Jun
7%
2,900
3% Jan
6% Sep
ll7/a
Apr
Apr
1,300
4% Mar
6%
Jan
10%
10%
900
5%
5%
300
~6Vb
6Va
6%
1
5%
5%
5%
common
common—1
49
1
~5
_5
*6%
^
July
76
Jun
108%
Apr
22% May
17% Jan
Apr
.
1,000
'
Apr
14 Va
Jun
5
__
_5%
Oct
11%
Jan
May
37% Aug
8% May
"7%
4,000
235% 241%
90
225
Mar
270
May
1,100
3
July
4
Jan
88
Sep
94
Oct
25%
Apr
29% Aug
8%
Feb
14% Mar
6%
£ 1
3%
3%
6% Mar
100
•
9
1%
Oct
1
2%
3%
3 Va
20,500
2,600
%
Boonwnv
3%
Oct
Boss
1
8%
8
8%
1,100
7%
Feb
1
fiSolar
Manufacturing Co
Corp
Manufacturing common
South Coast Corp common—
.-1
10%
7,200
1%
-
5
July
4% May
200
3%
Feb
10% May
6% July
12.50
41
41
44
1,800
33%
Jan
47
Jun
10
21
21
23
100
18
Oct
31%
Feb
6%
original preferred
4.88% cum preferred
28
38
38
38
20
35%
Jan
4.56%
25
28
28
29 Va
2,900
27%
41% May
28% Apr
29 Va July
28
26%
26%
27%
1,000
25
23%
24
600
Va
7
800
South
Oil
Penn
Southwest
Pa
Southern
1
common
Pipe Line
California
3%
8
27%
27
6
1
Royalty Co
Spencer Shoe Corp
40%
1,100
1,100
Standard Brewing Co
Standard Cap to Seal common
3
3
3%
•
—
4%
4%
5
25
May
Sep
Mar
29 Va
Jan
22% May
25%
Feb
4%
10 Va July
48 Va Jun
Jan
36
Feb
3
Nov
4%
4%
Nov
%
Oct
7% May
IV2 May
8 Vb
Feb
600
Jan
10
10
11%
1,900
10
preferred
Standard Dredging Corp
24%
24 Va
24%
400
19% Mar
26%
Sep
1
2%
2%
2%
400
2% Mar
3%
Jun
18 Va
200
17% Mar
19%
Feb
1
common
81.60 convertible preferred
18
18
10 Va
10 Va
11%
2,100
9%
29 Va
28%
297/a
2,000
25%
Feb
1
Forgings Corp
(Ky)——
1%
13
Feb
10
20
1
Standard Oil
Standard Power to Light com
B
1%
•
Corp
—
20,900
2%
118
Aug
•
2%
2
•
Co
Standard-Thomson
200
1
1
2.78
Convertible
preferred
Standard Products
700
37
37
•
Btahl-Meyer Inc
class
'
25
Southland
Common
3%
25
conv preference
4.48% conv preference
4.32% cum preferred
Southern Pipe Line
Standard
3%
Edison—
400
118
10
1%
11% May
30
Aug
3
May
2% May
122
Oct
8% May
,
Jan
1 Va Mar
Feb
102
7%
7%
1
3%
3%
4
Standard Tube class B
1
2%
2%
2%
700
2%
Oct
Starrett
1
3 Va
3 Ve
3%
2,400
3 Va
Sep
52%
Feb
200
22
Feb
27 V*
Jun
400
15% Mar
23 Ve
July
Nov
8%
Jan
Feb
2%
Jan
(The)
1
Corp
Steel Co of Canada
Stein
(A)
Co
to
-
Co
(S)
to
Co
Va
25 Va
25%
19 Va
19Va
19%,.
6%
7
1%
1%
57/a
2,500
1
~VA
5Va
•
13 Va
.1
,—
Sunbeam Corp
Ray Drug common
Superior Portland Cement, Inc
Superior Tool to Die CoJ
Swan Finch Oil Corp
%
5
6%
72
Oct
12%
Jan
Oct
,
7% May
15 % Jun
Oct
U. Nov
Vb
200
12'/a
13 Va
550
12 Va
Nov
15 Va
Jan
14
600
13%
Oct
20 Va
Jan
1,300
27 Va
Jan
37
Oct
5%
Oct
iii
35
34%
•
15
15
1
3
25c
15
375
;
6%
5% Apr
3% May
13 Va
12 Va
*
*"
Sun
*
300
14 Vs
13Va
.5
J.
common
6% Aug
3% Aug
2,400
5
1
.1
Stinnes
Stroock
25
1
common
(Hugo; Corp
Stop & Shop Inc
1,300
•
Sterling Aluminum Products
Sterling Brewers Inc
ISterling Engine Co
Sterling Inc
Stetson (J B)
100
,
•
.
common
36
5%
500
15%
1,675
13% Mar
3Vb
2,000
2% Mar
5%
2%
11%
11%
1%
125
IV*
10
Apr
Jan
7
.
.
17 Va May
3%
Feb
Jun
14%
Apr
1
<1
.
i?
'
:-r,i
Taggart Corp common
Tampa Electric Co common
Technicolor
Inc
Tllo
—1
Light 7%
Co
new
pfd..
7%
20
12 VB
12 Vb
Tlvoli Brewing Co
Stocks
119%
20
Feb
12
28
Oct
'31%
11% Jan
118% July
May
May
124
Jan
Oct
19
Va
700
16
Feb
21
.
11%
1,600
11
Nov
15
14%
14 Va
17%
19
15%
700
11% Mar
10
49 % Mar
1,500
4% Nov
—
•
300
5%
—
57%
57%
17
Feb
Jan
16
11
1
Allied
3,600
17%
HVa
1
Construction
12%
17%
5
1
to
500
29
VB
119
119
5
common
common
Realty
to
28
100,
Roofing Inc
Tishman
28%
•
common
Corporation
10%
*
dep rets ord regis
Amer dep rets def regis
Todd Shipyard Corp common
Toklan Royalty Corp
Toledo Edison 4%% pfd
Tonopah Mining of Nevada
Trans
Lux
CI
20
8%
900
2-1%
2,100
7%
20
Oct
%
%
56 Va
58 %
300
56 Va
Nov
2Va
2%
2%
1,500
2%
Nov
100
1
89 Va
89 Va
50
89 Va
Nov
1 Va
1 Va
lVa
1
4 Va
4%
5
warrants
80c
2 Va
.\
Inc
Jun
Jan
May
18% May
7% Apr
57%
Oct
3Vb
2Va
j^OOO
j^Fsax)
ITyOOO
■>'
U Oct
1
Mar
4 Ve
Aug
1% Feb
7% Aug
1% Jan
66
July
5
Jun
99%
Jun
1% May
6%
Apr
4% May
*
27
27
27
Nov
31
com
1
5
5
5
300
4%
Sep
9
convertible
Jan
preferred
•
9
8%
9
600
8%
Oct
12
Jan
lVa
.
50
27
May
U
Ulen Realization
Corp
Unexcelled
Chemical
of
9% Aug
Nov
23 Va
Sep
12 %
Corp
5
Canada
83.75 pfd
series A
United Aircraft Products
United
Chemicals
50o
com
•
United Gas Corp common
United
Light
United Milk
to
10
7
common
Preferred
dep
RR
& Canal
United
Shoe
Machinery
25
common
Preferred
-—25
10c
—1
3%
Jan
Jan
62
Jan
Apr
3%
3%
3,100
48%
200
Va
30
30
3%
23,400
100
Jan
38% Mar
5% July
Jun
70
30
Feb
% May
Sep
ft
36% May
20% July
18 Va
18 Va
19%
3,700
16
Feb
21
20
23%
15,100
17%
Feb
23%
Oct
14%
275
14 Va
Oct
30
Jan
24
Sep
25%
Jan
1
U S Air Conditioning Corp
Oct
30
243%
U S Foil Co class B
2
97%
25
-
19
United
U
Specialities
S
and
85
1st
common
International
1
243 Va cm ^ co
10
1
1
Securities
•
preferred with warrants
•
5% May
243 Va Nov
200
1
%
Sep
5% May
250
July
2
Jan
7
10
Jun
9.500
Sep
Aug
48
25c
:
Apr
May
3%
100
preferred
3%
4 Va
88%
91
1
3 Va
Feb
Nov
rets ord regis
Oct
3
7%
'
United Molasses Co Ltd—
1% Mar
1,200
Apr
•
2
3%
6
Jun
16
Railways
Products
1,100
2Va
100
%
2,900
3%
Jan
7'A
91
•
common
Corp warrants
United Elastic Corp
2
2
8%
United
2%
3%
6 Va
5% Mar
100
7%
2
2%
3% Aug
100
56 Va
•
Yards of Omaha
2
1
Oct
1,000
7',.
Union Oil Co of California—
2%
1
100
3%
7%
4
1%
3%
7
3%
—*
Union Investment Co
Aug
Jan
1%
10c
2
7Vs
89.%,
"
Truns
200
%
56 V8
8%
12,400
'5
6s
2-%
-9
4%
20
Corp
Tri-Continental
10%
7%
4%
70o
1
25c
Oct
17
35
— —
108
1
common
May
22%
11%
—
•
(Howard) Paper Mills
Union Stock
•
—
8Va
1 Va
Apr
9 Va
1
common
Feb
to Elec Co—
Union Gas
Vb
9
1
Savoy Oil Inc (Del)
Sayre to Fisher Brick Co..
—
•
United Profit Sharing com
conv
16
12% Mar
—
Jun
4% May
93
1.25
Salt Dome OH Co
Samson United Corp
4
12 % Feb
•
preferred
United NJ
1st
Jun
16%
Jan
May
July
Petroleum
new
Jan
4
20
Solar Aircraft Co
Oct
86
Co
Corp Ltd
pfd (new)
Jun
5%
Publications—
Tung-Sol Lamp Works
30
•
5
Co
common
Lawrence
'
Jun
87%
15
Canada
Amer dep rets ord regis
Amer
St
85
26% July
6% Jan
lVa
28%
2,
Mar
Jun
18 Va
26 Va
2Va
Jun
55
5%
600
28
2%
37
52
375
21
5
(The) Corp common
Royallte Oil Co Ltd
Russeks Fifth Ave
Ryan Aeronautical
%
,-3% May
£1
Rowe
Ryan
55
100
common
Steel
Feb
30 % Mar
20
1
dep rets for ord reg
Rome Cable
Roosevelt
25
Valley Gas Co—
Corp)
Roeser to Pendleton Inc common
Rolls Royce Ltd—
.
28
20
1
1%
14 V2 Mar
400
•
Rochester Gas to Elec 4% pfd F
.
500.
5
Stix
Dry Goods
Richmond Radiator
Rio
22,200
•
•
Regal Shoe Co
Rice
27%
Feb
25
Simplicity Pattern common
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Smith
4% May
Jun
1
Feb
20
common
Amer
warrants.
-
Reis (Robert)
to
Reliance Electric
17/b Mar
13%
74
Tobacco Security Trust Co Ltd—
R
31c
2%
—
•
Tobacco
Reed Roller
3
19
Silex Co common
Thor
—•
Reading Tube Corp class
Jan
-July
800
13
10
common
Aadlo-Keith-Orpheum option
Jan
•
com.
Railway ■& Light Securities—
Votmg common
Railway & Utility Investment
Rath Packings Co common
2%
24%
•
8.90 V#
Jun
Sep
100
Sioux City Gas
19%
1
preferred
4%
Oct
Jun
Nov
1
Sherwin-Williams of
Thew Shovel
6%
16 Va Aug
99%"Jun
Q
Oats
100
16%
15
Texas Power &
Quaker
16%
16%
Jun
3%
•
77
common
87
"211
Feb
XI1
50
1
class B—
to
Jun
108 Va
10%
10%
Providence Gas
4%%
4%
Oct
Mar
3Va
3,150
1
Corp of Nevada
Puget Sound Power
Oct
Jan
Sep
Apr
~4% "4%
~4%
•
common
of
8Va
4%
42
Jun
6V2
99 Va
1% Mar
1%
Shoe Corp of America class A
Bick's Breweries Ltd—
shares
.'
Inc
26 Va May
5% Mar
1,300
101
2 Vu
101
49
3'4
980
•
common—
Power Corp of Canada
6% 1st preferred
Pratt & Lambert Co
Aug
Oct
400
16 %
common
Sherwin-Williams
Jun
4
42% Mar
10,600
4%
3 %
50o
common.:
Alexander
113
Aug
23
42%
20
Pleasant Valley Wine Co
Scale
Feb
3
300
2.50
Mining Co
31
May
24% May
"
—_
Oct
34
Oct
18
•
Pltney-Bowes Inc
Pittsburgh Bess to Lake Erie RR
Pittsburgh to Lake Erie
Pittsburgh Metallurgical common
Public
Feb
2%
19 Va
•
Governor common
Plnchin Johnson Ltd Amer
Pioneer Gold Mines Ltd
Metals
25% July
Mar
65,300
10%
3%
Pierce
Pressed
23
Sep
4 Va
23 Va
100
July
3 Va
%
1
(Mass)
97
Jun
17Va
19 %
1
pfd
106%
23 Va
3
28
Philadelphia Co common
Phillips Packing Co
Prosperity Co
Jan
2.50
Perfect Circle Corp
Pharls Tire to Rubber
Producers
91
Apr
32% July
12'/a Mar
*
(The)
Prentice-Hall
50
95
23 '/a
9
common
Co
Mfg Co
&
Feb
•
Penn Water to Power Co
Pneumatic
101
1
d
w
4%f#
Polaris
95
10 Va
Cement warrants
Penn Gas to Elec class A
common
Penn Power to Light
Powdrell
170
1
Penn-Dlxle
Pep Boys
Peppercll
Mar
103'/a
103
8
Telephone
Traffic
10% May
36
•
81 cumulative preferred
Pennroad Corp common
Penn
Feb
Jun
•
—
Co
Co
6%
32 Va
•
Parkersburg Rig to Reel
Patchogue Plymouth Mills
Peninsular
100
1,000
29
103 Vb
100
com
Page-Hersey Tubes common
Pancoastal Oil (CA) v t c
Pantapec Oil (CA) Amer sh
Paramount Motors Corp
Parker Pen
8
33%
28
preferred
Pacific Power to Light
Pacific Public Service
81.30 1st preferred
8
33%
2 Va
2
2
75% Mar
83 convertible preferred.—
21
22
1
Simmons-Boardman
Pacific Can Co common
Pacific Gas to Elec 6% 1st
pfd
5 Va %
1st preferred
Feb
250
*
Nov
15
10 Va
3,500
Shawinigan Water to Power
14Vs
3,400
8%
1,200
1%
Sheiler Mfg Co
39% Jun
9Va Oct
July
18%
8
12 Va
1
O'okiep Copper Co Ltd Amer shares
Feb
34
17%
17%
Jan
48
Feb
17%
1%
Bhattuck Denn Mining
Nov
109 Va
27
16 %
Jun
2 Vb
Feb
102
Omar Inc
Overseas
lVa
7,800
•
Gas
Filters
2Va
100
common
preferred
Natural
1%
High
1,700
1%
1
Control
Leather
Seton
O
1%
BOo
common
LOW
30 %
5
Serrick Corp class B
Corp
Range Since January 1
High
28%
25
Inc
Safety
Low
29
16 VA
common
stock
Semler
Sentry
Ogden
Shares
1
Co
Selected Industries Inc
Oct
7,000
for Week
*
Shoe
Belby
85.50 prior stook
Allotment certificates
13 Va
Vb
1
Segal Lock & Hardware
Convertible
11%
12
*
common
Sep
17%
III
Northrop Aircraft Inc
Novadel-Agene Corp
Co
25
Jan
103
Range
of Prices
Par
Manufacturing
Feb
Sales
Last
Sale Prise
Exchange
Bcovlll
8%
6%
Curb
1% Mav
7%
4,100
York
High
% Mar
40 %
A
common
Central
Low
2,100
40 %
class
Rayon
American
North
1
Week's
Friday
New
Range Sine* Janaary 1
7%
Light to Power common
EXCHANGE
NOVEMBER 5
STOCKS—
Share*
High
1
1
—S
Minea
Monday, November 8, 1948
Bale#
Range
of Prleee
Par
Nlpissing
CURB
CHRONICLE
for Week
Last
Bale Price
STOCKS—
York
FINANCIAL
WEEK ENDED
RANGE FOR
New
&
55
54
56
38%
38%
38%
9
1%
14
3%
79
2,500
120
Aug
10%
Jan
52%
Jun
62 Va
Sep
41%
Apr
Jan
38
9
100
8%
Feb
2
2,000
1%
Nov
2,200
11%
Feb
19 V4 May
10,500
1%
Feb
5V« May
25
70 Va
Feb
15%
4%
79
13
3%
86
July
Jun
May
THE
Number 4749
Volume 168
COMMERCIAL
NEW
WEEK ENDED
•
U
Last
Par
.
1
common
new
United
Stores
_50C
Corp com
Consolidated Oil
Universal
6%
new com -10
2%
2%
37
—10
Insurance
41
——
—
150
s
2%
2%
2%
Isarco
Jan
A 7s
with Nov
A 7s
ex
3'A May
Sep
45
Nov
21%
21%
22%
1,400
1952
1952
1940 coupon
1
1947 coupon
Nov 1
Oct
Kansas Electric Power 3'As
_1968
J-D
Kansas Power A Light 3%s
1969
1950
J-J
F-A
1961
A-O
1967
1961
MS
M-*
3%
McCord
Jan
Midland
22% May
Corp deb 4%s
Valley RR—
Extended at 4%
to
Milwaukee Gas &
Light 4%s
New
England Power 3%s
N Y A Westchester Ltg 4s
1
YaLspar Corp common
84 convertible
Venezuelan
6%
6%
6%
400
preferred
1
Petroleum
Venezuela Syndicate Inc
Vogt Manufacturing
-20C
•
67
~6%
~6%
23A
2,900
3%
5,700
23A
13
12%
A-O
A-O
Nov
5%
J-J
__
J-J®
__
_
Park
Jun
16% May
Piedmont
Hydro-Electric
A 6'As
with Oct
A6%s
W
ex
1
1
Oct
•
2
2
100
Wagner Baking voting trust ctfs ext.*
7 %
preferred
100
10
10
400
Waitt & Bond Inc
$2
Watch
'
1%
2
11
2%
2,400
2V2
4%
534
5,000
2% Mar
"7% July
l
1%
1%
1%
500
Feb
2% May
1.25
Manufacturing
West
Utilities
preferred
7%
7%
814
700
Westmoreland Coal
20
Westmoreland Inc
10
36%
14%
I
2%
Wichita River Oil Corp
Will son
(R
C)
Co__
Brothers
1
common
Industries
36 %
38 %
20%
•
pfd
14%
San Joaquin
24%
Apr
May
29% July
Mar
40% July
33
Oct
14
20%
500
10'A
1,000
10%
150
5'4
10
1,400
Jan
Spalding
Jan
AStarrett Corp
5s
collateral
24%
Jun
Feb
11
Sep
11%
10
Feb
Jan
4%
4%
17
17%
125
14
Jan
19
26%
28 %
900
17
Feb
28%
Jan
102 %
July
•
Gas
2nd
May
Ternl
ex
13
Feb
22%
Oct
United
9%
Jan
Electric Service
with Dec
A7s ex Dec
1
2% May
Nov
A5s
Curb
Exchange
Period
income
Appalachian Elec Power 3%s
1970
J-D
Associated
1953
J-J
Si Tel deb
Assoc Tel
Atlantic
4'As
Electric
5%s A
Bold
No.
Low
8
102%
98%
9
High
98%
98%
Penn
104
121
64
64
J-J
18
18
1
16
A-O
—
16%
18
9
16%
29%
$12
30
—
63
75
30%
.
30
„
J-D
"
3
"2
101 % 101%
—
19
3f
101%
103%
25%
$12
—
.
25%
1
83%
25 %
83%
16
27%
18
Traction 5s
MS
83%
1964
J-D
—
A-O
J-D
1960
72
86
106
108
3
102%
108%
1
117
120
$106% 107
107% 107%
119% 119%
—
__
Newspaper Union—
1959
F-A
.
103
—
.
98'A
104
104
High
108
96
Foreign Governments & Municipalities
103%
1955
M-N
102%
102% 103
24
99%
107%
1964
City Electric 3%s
105%
96%
114%
122
Range Blnee
January 1
104% 104%
Low
100%
99% 101%
$118
2030
5s
ts conv s f debentures
Bid A Asked
105%
101
98
99 %
103% 103%
—
1914
debs
Electric
Week's Range
Bala Prlea
101
Hotel—
Penn
Western
York
99%
99%
1955
1969
coupon
1947 coupon
West
New
105 3A
101
A-O
1949
4s
Washington Water Power 3'As_i
Bende
103
101%
Co—
1940
1
Waldorf-Astoria
Friday's
F-A
1951
1 1947 coupon
Aug
1,700
er
7
Hydro-Electric Co—
A6'As
20%
Last
40
99'A
M-*
A-O
.
A«%s with Aug 1 1940 coupon—1951
.
18%
Friday
101
103
105%
1949
stamped
United Electric Co of N J
Interest
114
101%
(Hugo). Industries—
West
BONDS
4
101
103
*
101
101%
1949
Jan
'v/a
J-J.
25
103% 103 %
—
103
99'A
97%
1969
trust
14
10,100
113
102% 102%
101
—1989
1950
Sep
2
J-J
F-A
-A-O
3%s__—1970
A Elec
5s_
inc 5s
10
1%
160
103%
—
_
100
\t€
98
$101
102%
1971
(Calif)
6% Aug
A
34
152%
$99%
$113
115
1973
10%
15
19
100
100
•
1979
3'As
10%
1
106
7% May
Feb
£1
Wright Hargreaves Ltd
G)
(A
A7-4S
Oct
95
Btinnes
A 7s
preference
92%
105%
152 % 152%
__
M-f
(Hugo) Corp—
A7-4s 3rd stamped
May
26%
19
82%
103%
103
Btinnes
12% Mar
5s
6%
Counties
Southern
Ltd—
(P W)
American deposit receipts
A-O
3s,.—1965
B
ser
Jan
6%
3%
3s
16%
17% Mar
108
103%
92%
24%" 24%
152'A
J-J
1971
M
1st mtge 3s
Southwestern Gas
8
10
ref
&
18%
'
Oct
2%
1st
Southern California Gas
25%
Jun
20
200
3
104
104%
100
-
M-*
Jf-B
A-O
3y8s series A
161
200
101%
•
3S-1981
—1952
—1951
Lt A Pow 6s B
Bcullin Steel inc mtge 3s
Southern California Edison
115%
Feb
250
2%
9%
2
1
Bafe Harbor Water Power Corp
May
Jan
100
Inc
10
6% Mar
25
14
20
25
Woodley Petroleum
Woolworth
10
1
6%
140
20
•
Inc
5% preferred w w
Winnipeg Elec common
Wisconsin Pwr & Lt 4%%
Woodall
20
0
&
Products
Wilson
10
Corp
xl43
20%
1
Whitman
Williams
1%
6
107%
Jan
Jan
Apr
13
Nov
25% Mar
Xl43
Weyenberg Shoe Mfg
& Co
2%
Apr
8% Mar
112
Maryland Ry 7% 1st pfd—100
Western Tablet & Stationery com
*
(The)
600
•
Western
Wickes
1%
2,200
,
106
$12
„
9%
67
102%
$104% 105%
„
.
-
50-year 6% debs
1999
Queens Borough Gas A Electric—
'
5%s series A
-—1951
Feb
4%
Wentworth
(Wm)
110%
2%
1
$6
Feb
July
.
1%
SB
Co
Ward Baking Co warrants
Warner Aircraft Corp
Texas
1%
8
106
3% May
11% July
2%
1
preferred
cum
Waltham
Feb
3
$91%
$103
103%
58
104
102
102
1947 coupon.
Public Service Elec & Gas Co—
Waco Aircraft Co
2
$100% 100%
J-J
Co—
coupon—1969
1969
1940
6
109%
101%
65%
104% 105
J-D
mtge 3%s
1st
3s
25
104%
107-
104% 105
$105% 107%
104%
17
15%
104%
64%
64%
28%
-16
20
$101% 103%
__
Lexington 1st mtge 3s
*1964
Pennsylvania Water A Power 3%s_1964
3%s
—1970
10% Jun
12 & July
300
13,
98
Feb
High
20
107% 107%
1968
1971
Power
1st mtge
Jan
Sep
6%
2%
~7%
Range Since
'January 1,
Low
$103
—2004
Ohio
Jan
10
Oct
6%
5
No.
25
$12
$17%
J-J
Jan
19 3A Mar
Bold
High
25
—,
195S
Superpower 6s
25
.
23 3A
Nov
2'A
A Italian
July
Bonds
Hydro-Electfic Co—
29
Nov
23
6,600
•
Sugar
Utah Power A Light common
Sep
3
19% Mar
—
23%
23
8%
Apr
2%
laic Price
High
Nov
37
1,400
Week'a Range
er Friday's
Bid & Aaked
Last
Parted
Exchange
Curb
Low
1%
—
100
2'/4
37
York
6%
2,500
'
Universal Products Co common— -10
Utah-Idaho
Low
7%
Interest
BONDS'
New
Range Stnee January !
High
6%
33
EXCHANGE
Friday
Bharee
1
U S Rubber Reclaiming Co
Universal
Low
(1929)
NOVEMBER 5
for Week
Range
ef Prices
Bale Prlee
Exchange
«.
Radiator
S
Curb
CHRONICLE
Bales
Week's
Friday
STOCKS—
York
FINANCIAL
CURB
YORK
RANGE FOR
New
&
/-j
105%
105% 105%
11
103%
106%
Bell Telephone of Canada—
-
5a series C
Bethlehem
Boston
1960
Q-r
$155
1970
J-D
98%
98%
109
Ill
155
165
98%
18
Cities Service
1948
Jan
5s
J-J
87
87
90%
62
1954
US
90%
90%
93%
'92
1966
1958
New
Af-Q
Debenture
1977
(Bait)
1st ref
97%
(Bait City)
3
97%
101
97%
25
96%
100'A
9
103%
108
—
111%
115
ALima
104
106
8
32
103
105%
20
105%
107%
'
J-D
85
106%
85
86
306
104% 104%
J-J
A-O
97
-1962
Gas
97%
97
Agricultural Mortgage Bank (Col) —
A 20-year 7s
April 1946
A20-year 7s—-—*
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s„
1948
Danish Cons Municipal LoanExternal 5'As
1955
External 5s
1953
Danzig Port A Waterways—
A External
6%s stamped
1952
104% 105%
1976
debs
conv
99%
106
1981
M-N
103%
mtge 2%s ser Q
2%s series R
Consolidated
78
88%
1
102
106%
-
.
—
—
,
1954
A-O
103% 104'/a
$111%
—
—•
Lackawanna
of
N
J
M-N
1993
1993
MS
60%
Marelli Elec Mfg Co—
A6%S With Nov 1 1940 coupon—1953
A6%s ex Nov 1 1947 coupon
1953
Finland Residential Mtge Bank—
-
44
98%
98%
43
—
.
$112%
'
2
60%
43
60%
J-J
1950
RR 5s
May
1961
mtge 4s ser B
& Fuel 3'As
Gas
Water Lt Si
8
2
:
$24
'
—
—m
—
49
—
26
$12
—
1961
49
M-I
1950
J-J
3%s
1963
J-J®
Guantanamo & Western 6s—
1958
J-J
Power
ser
29%
103%
112%
International Power
series
A6'As
A 7s
Sec—
(Dec 1
(Aug
1941 coup)
—
1941
coupon)
(July 1941
61
$101% 102%
103
103
100%
102%
103
$58%
103%
56
60
75
74 '
31
39%
58
84%
78
.
—
-
5%
5%
12%
12%
3
27
32
27
32
1
1
$42
$42
__
-
—
~
65
—
42%
42
22
62
28
—
29
27
143A
52
13%
15%
2A
73
2%
3%
2%
20
2%
3%
5%
5
'66^
ARussian
103%
,
If-*
'
104% 104%
$32%
103%
1-1955
17%
-
':-
A
8
17
31
34
17%
33
$30%
31
16%
31
$32%
1957
34%
17%
33
J-J
$30%
1952
17%
33
J-J
65%
65%
19
66%
Jf-lt
A-O
J-D
J-D
Below
on
are
the
A
Bonds
value,
—
$26 A
-
14%
(Plan A)
2%
2012
6%s
1919
J-D
M-S
J-J
being
75
traded
Nov.
bonds
Jones & Co.
—Bonds-
Indus-
Rail-
Util-
trials
15
roads
ities
Total
10
First
10
Second
Total
10
65
Indus¬
Grade
Grade
trials
Rails
Rails
40
Util¬
Stocks
ities
Bonds
'
188.62
2—
61.34
35.40
70.02
100.03
101.80
89.94
101.08
98.21
189.76
1.
61.97
35.74
70.56
100.09
101.85
90.12
101.08
98.28
—
Election
Day——r-
______
Election Day—
182.46
58.52
34.28
67.50
100.10
1C1.69
89.56
100.93
98.07
4_
184.54
59.30
34.60
68.28
100.13
101.48
90.05
100.90
98.14
5
178.38
56.22
33.71
65.77
100.16
101.21
83.85
101.04
98.07
Nov.
3
Nov.
Nov.
-
30
39 A
—
—
44
44%
25
81
2/a
—
2 A
2'A
22';,4
flat.
daily closing averages of representative stocks and
20
^
cum," «wnulastock; "v t c," voting trust certificates;
deposit; "cons." consolidated;
Mve; "conv," convertible; "M," mortgage; "n-v," non-voting
"w L" when issued; "w w." with warrants: "xw." without
10
30
24
31
a
IReported In receivership.
used above—"cod," certificates of
Stocks
Oct.
—
$25
$60%
JS
Abbreviations
30%
55%
30
Nov.
—
—
—
J-J
1921
the New York Stock Exchange as compiled by Dow,
Date—
IB
,
1997
Stock and Bond Averages
listed
12
Deferred delivery transaction (not included in year's range),
d EC-interest.
• Odd-lot
transaction (not Included in year's range),
f Ex-dlstrlbution. • gIBs-stock dir.
nExprincipal.
n Under-the-rule transaction
(not included in year's range),
r Transaction for sash
(not included in year's range), x Ex-dividend,
y Ex-rights.
'
$Friday's bid and asked prices; no sales being transacted during current week.
33
30%
30%
to
Government
•No par
106%
36
$32%
30%
F-A
—
—
2008
2%s
A5%s
y*
J-J®
stamped
reduced
Interest
102%
—
—
stamped (Plan A)
Rio de Janeiro
60
Interstate Power Co—
ADebenture escrow ctfs
-
65%
62%
-
33%
$68
$663A
61%
61%
...
—
-
High
•
1947
—1947
1931
1972
tO^%?(sCer0A b"c D E)
102%
100%
.—1952
coupon)
Parana
—
38
100%
1957
series F
A7s
'
—
$62
$62
Range Sines
January 1
Lout
No.
31
A-O
l_i—_1955
C
series E
A7s
A 7s
—
.
A-O
Indianapolis Power & Lt 3%a_—„1970
6'As
24
7s stamped
Bank of Bogota—
A7s (Issue of May 1927)
A 7s (issue of Oct. 1927)
A Mortgage Bank of Chile 6s
Mortgage Bank of Denmark 5s
46%
97%
110
Jan 1949
A
series B
—
'
1
Bends
Bold
High
Mortgage
65
85%
Jan 1949
Hygr&de Food 6s
JS
M-N
J-D
reduced to 2%s
Interest reduced to
Trunk Western Ry 4s
stamped
Green Mountain
M-*
F-A
2008
——1951
Interest
Ercole
A
Bid * Asked
$32%
—
—
J-D
MS
A Medellin
Division—
1st mtge 4s ser A
A 1st
A-O
J-J
City (Peru) 6%s stamped_1958
Maranhao stamped (Plan A)
Delaware Lack & Western RR—
6s
Last
Sale Price
—
Gen mtge 4%s
Grand
Period
Exchange
Curb
97
82%
—
1st ref mtge 3s ser P
1st ref
81
103% 104'/a
'
J-J
1969
3s
Conaol Gas El Lt & Pwr
5s
York
Low
104%
A-O
1969
Sastern
Interest
BONDS
102%
103%
M-S
Debenture 5s___
Debenture 5s
Elmira
Week's Rang#
er Friday's
Friday
168
98%
States Electric Corp—
A5s>(20% redeemed)
A5%s (20% redeemed)
2%s
n»\
$108% 109%
1998
2%s
Edison
ICentral
J-D
6s
Steel
warrants.
■.
/
34
COMMERCIAL &
THE
(1930)
FINANCIAL
CHRONICLE
Monday, November 8, 1948
OTHER STOCK EXCHANGES
RANGE
Baltimore Stock
Week's
Range
of Prices
Par
Baltimore Transit Co
5%
1st preferred
common
Low
14
*
vtc——•
2.75
Last
Chrvsler
Shares
Range Since Jannary 1
Low
Cities
High
742
3.00
22
2
Mar
5
12
Apr
23
(new)
Co
New
16
lB'/a
Jan
Consumers
Co
152
10
138
Sep
2
29
29
30
114
25
Feb
30%
Oct
Domestic
£ Guaranty
U S Fidelity
50
48
48
51
165
44&
Feb
52%
Jun
Eddy
20
160
May
Co
48
—
49%
51
$5,500
43
Jun
68
54
5,000
45
Jun
77
Paper
Corp
•
common
10
8%
.1
(The)
Brewing
(Peter)
Week's
American Tel
Range
tor Week
of Prices
Shares
*
Woolen
Anaconda
Copper
Blgelow-Sanford
Bird
Son
£
—
6V
Carpet
-
Stamped l.
«.
Low
240
151 Yr 153%
3,389
37%
52%
147% Mar
45%
602
587
30%
120
-
18%
121
40
120
120
18%
121'.
12
18%
75
126
30%
20
20
21
19%
16%
2%
100
42%
-
Boston Herald Traveler Corp.
—•
57
Jun
July
40%
7%
»•
prior preferred
«—*.—-100
5% class A 1st pfd unstamped—-100
b% class A 1st pfd stamped
100
Boston
&
Cities
-100 1
:
Co
"6
5
service
Boston
_10
——
135
21%
Jun
127%
Aug
Feb
17 %
Mar
'
Oct
ley, Sep
21%
412
19%
Nov
28
2%
5
Oct
Feb
5Y*
Jan
9% Aug
5
Sep
205
6%
74
50
16
165
71
30
36%
2%
32
10
Massachusetts Street Ry1st
.100
66
.100
91
preferred
.100
24%,
24%
20%
20 V,
preferred series A—
6%
5%
adjustment
Eastern Steamship Lines Inc..—
5% Sep
Employers Group Assoc
First
National
General
60%
Sep
79 %
20
74%
Sep
95
Copper
Kennecott Copper
Lamson Corp
(Del)
Royale
24%
50
17% Aug
26%
19
26%
Aug
400
45%
'45%
47%
common—
•
Dk
•
Co
(W
H)
Dr
£
common
Corp
26%
Feb
35
56%
340
49% Mar
Co
new
3,304
31% Mar
Corp common....
Spencer' Bartlett common:..
Kellogg
Pneumatic
31%
31%
34%
28
North
Standard
American
Northwest
39% May
Feb
Loew's
J
Central
5%
RR
preferred
New
.100
.100
—
Service
BUtte
Assn..
Cos.
System.
*
—
14
370
12%
16
Nov
31%
Feb
71
28%
Feb
43%
101
J
27c
8%
-100
—50
-2.50
27c
8%
83
7%
Sep
13%
21 %
Jun
9%
27c
1,200
9%
2,887
690
9%
52
25c
July
6%
54c
Oct
12%
Mar
66
~5%
15%
Nov
14%
38c
7,900
30c
Oct
85C
19%
3,108
16%
Feb
22 %
3%
Feb
6%
1
Oct
2%
Jan
140
5%
Feb
1,455
13%
Feb
7% Mar
16%
Sep
18%
280
11% Mar
18%
JUly
35%
37%
764
34%
41
May
36
36
200
35% Mar
51'%
55
4,704
48% Feb
...25
55%
54 %
55%
25
com.
38%
Waldorf System Inc
Westlnghou.se Electric
12 y2
52%
Jan
Jun
25%
38%
38%
50
38
Sep
40%
Apr
44%
280
38%
Feb
49'/,
Jun
14
♦
Corp
755
42
58% May
62% Apr
42%
—10
14'/a
145
13%
Oct
25%
28%
779
25
Feb
15% Jan
33% Jun
Chicago Stock Exchange
STOCKS—
Range
Sale Price
Adams
(J D)
Admiral
Manufacturing:—!
Corp
1
common
Advanced Aluminum
Castings
Aetna Ball Bearing common—
Allied Laboratories common
American
Armour
Tel
&
Asbestos
&
Co
Mfg
Tel
Co
capital
common
Co
common
Athey Products Corp capital
Automatic
Avco
Washer
common
Manufacturing Corp
Bastlan-Blessing Co
Belden
common
Mfg Co common
Bendix Aviation
Borg (George Wi Corp
Borg-Warner Corp common
£ Sons
(E J)
capital
Bruce Co (E L) com (new)—
Burton-Dixie Corp...
Butler
Bros
common—...
Central 111 Secur Corp
Convertible
Cent &
8 W
Chicago Corp
common
preferred
Util.
For footnotes
17%
5
113/4
100
152%
.5
8%
1
1%
4
3
..3
page 42.
Shares
^
16%
19%
3,900
5%
1,250
5
170
11%
12
400
20
500
151% 153%
__
67/s
High
14% July
7% Feb
3% Feb
15%
class A
Nov
50
700
36%
36%
36%
200
30
15 V*
151A
16%
900
31
May
2% May
&
Co
33%
700
31
10
900
8%
1
14%
14
15%
1,650
14
14
14%
400
2%
_io
5
»
2%
11%
__
50
24
8"%
11%
8%
Bend
Lathe
Stone Container
Sunbeam^Cdrp.
£ Co* capital
Swift
Co
Texas
Thor
208
South
La
Salle
1%
10%
__
Inc
Stores
Woodall
Unlisted
Bethlehem
Steel
Oct
Columbia
36%
Oct
13% May
Ry
50
13
Aug
J 9%
800
16%
11,300
>•
5y2
27%
32%
32
...
.
300
.
4%
27%
1
...
Feb
750
1%
10%
Feb
8%
Feb
Feb
9% Feb
Oct
22
May
.
113
Oct
6 Vu
July
"
Feb
31
Sep
Jan
Jan
35'
Feb
34 Mi May
11% May
July
Jan
15
'I,
-
29
.*+,(,
*
26
Mar
150
11%
.
15 %
Nov
17
Feb
500
■
600
*
*
25
,29:
,
11
—50
9%
300
x6%
Oct
36%
36 V«
11
10%
12,
30%
30%
31%
57%
57%
.
t
46
46'%
"
16
800
,300
24
'
—
44
13%
13%
200
84%
700
'
100,
39
300
15%
1,250
"
250
10 Ye
10%
10 Yz
10%
14%
14%
16
25%
Mar
Feb
13% Mar
.1.
10
Feb
37
c
Jan
48
Jan
43
Oct
*
Jun
Jan
^21 y2
*
Aug
11
68
""
28%
14%
Feb
'
July
36% Jan,
66%
Mar
76
41Y*
,
Nov
41%
x26
Sepc
52% Feb
-■
76
*
Jan
Sep
13
29%
100
41%
10
91/4
36 V4
10% Noy
-350
„
11% May
27 % Mar -1
50
1,100
1,000
...
Jan
Aug
■ild-w May,
'
Feb
7
11
Jun
8%
Jan
7% Mar
700
14% July
32
Mar
6
*
OCt,
Oct
18% May
86% Oct
-
;
33 Yb
Jun
18% May
11% Jao
50
10 V* Mar
14
Jan
1,250
12% July
16%
Oct
1
1
3
-
3
100
2% Mar
4% May
50
10
100
1,000
6%
Oct
1,500
12%
Feb
16% May'
38'%
1,000
30%
Feb
41
Feb
.
35
27 %
27%'
103
7%
16%
33%
6%
6%
15 y2
'
29
800
26%
103
103
100
92% Mar
9'/4
35%
35%
new—
39%
30%
1,000
Feb
Jun
May
32% May
118y2
Aug
39%
Oct
Jun
.25
Co
——
(The).
13
%
14%
700
13'%
Nov
18%
—l
13%
14%
200
13%
Nov
11%
12'%
500
10'/*
Feb
19% May
14% Jun
*
11%
1"1
—
8
_9%
9%
38%
38%
8%
700
6%
Feb
10 Yb
10%
2,600
4'/a
Jan
12% July
•
6
~3%
6
Jun
200
10% July
31% Mar
42% May
12% Aug
3'/a Oct
14 Y*
July
600
5%
Jan
100
"5%
5% Mar
500
42%
4% Feb
Jan
13%
Sep
2% May
15%
Jun
11%
Oct
Graham-Paige
Gas
Motors
4
—5
Light—
Nash-Kelvinator
American
Amer
Corp
——
Pure
Oil
Inc
Co
:
,
17%
600
14% Mar
14
15
450
12%
com
—:
4%
4%
2,600
S%
8%
9 %
300
1
9%
1,000
•
(The), commonix*:—•-—•
31%
31%
35%
,300
11%
11%
13%
,*2,100
Radio-Kelth-Orpheum
,—
8»/4
\ -
8%*
.
*100
6% Mav
21%
Jun
^48% July
16% Jan
4V«
Feb
8%
-
of Amcflcw:common* ^fe.*.
Radio
Feb
14% Mar
83%
.—
80
Corp
16%
16%
4%
—2%
new
Pepsi-Cola Co
Pullman
G
—10
Airways Corp
Pictures Inc
6
14
capital—
Co—
14% May
Jan
'
1%M«
Nov.
34% July
Feb-
15 ya
9%
6%
•
15
•
.
—
,43
1,600
6%.
27
Feb
10% Feb
.1,550
13 y2
8%
32
600
..
24%
,
25%'"
.
2,200
30 V«
V,
'6%
8%.
.,«v
14%.
23
5
1
Paramount
300
May
May
10
24% May
21% Jans
30
200
-
May
Nov
27%
250
12%
10
.
1,^ Nov
..-50
70..
43 i
-13TV
'6%
(new)
General Electric Co
Pan
Sep
9% Mar
65%
IYa Mar
-
May
24 Ys
v
Oct
13%
r
Jan
19%
19?
Packard Motor Car.
20
29
"13
Farnsworth Television £ Radio———1
Jun
1,200
6 5's
1,110
—
•
Jan
35
Feb
2,500
25
General Public Utility Corp
Apr
11%
Mas
19%
-2,800
17
—*
Jun
67%
<26-
8%
24
———
15 y#
10
--300
.:
>750
10%
Motors
Curtlis-Wright
18%
g7%
37Vi (Jam
10 y2
System Ine
Gas
34
1,200
64% May
30
Feb
>
■
Products
Nov
iy8
Feb
48% Mar
32 y2 Mar
———2
common
New York Central RR
11%
22
17
capital
North
1314
100
,14
14
•
Copper Mining—
7%
Mar
Oct
500
24
Alleghany Corp
American Air Lines, Inc
Canadian'- Pacific
40
Jan
12%
200
.
Stocks—
Certain-teed
Oct
Apr
15%
7% Mar
-16%
common—_i_*
common
Apr
1%
3,200
Nov
2
common.—^
66% July
10%
Feb
93/s
12%
.—J25
Corp.—
Bankshares
Indust
Yates-Amer Mach
Apr
Nov
Nov
429% May
13
.Jan
Aug
13'/a
40%
,41%
•
62
13
9 %
7%
Jan
16
10%
22% Mar
100
29
—*
common.
Feb
24
1
Steel
Sep
400
50c
S
9%
400
•
.
15
31%
com—.5
new
St
50
1,000
300
150
6,400
Apr
—5
45 %
17c/a
—
12%
27%
—1
(The) common
300
11 %
Jun
Nov
100
■5%
29
1
Corp
Trane Co
200
24
74%
17%
20%
1
——.25
350
17%
Jan
17% Nov
7 Ya
5%
-2
stock
n3/8
10%
16% Mar
44%
24 Ya
9
capital.. —5
(The)
•
63 '
173/,
10% Apr
2lWJan
19%
7%
l/k
*
common
Tool
52
10%
Feb
18
.•
common—.1
50
10
Oct,
;•«%
27
.•;*
23%
1
^
—
common
SundettwMk Mach
Laclede
12%
.
26%- 28.%
23%
Works
Corp
Jan
20%
9% Mar
14
Jan
13%
1111
common
62%
24
34
9
_•
>; Spiegel Inc common^.
Standard Forgings common
8
Aug
.
July
19%
40V2
34%
,•
56
'
10
capital—
Corp
4%
15% Aug
31
11%
Sep
Nov
59
.26
'
20
"Corp^...—
Continental
•
8% Jan
38 Va
15
3% Aug
4% Feb
10
1
.25 V2
■
13'%
f.
—•
common
Armco Steel Corp...
Atchison Topeko £ Santa Fe
6
350
Nov
6% May
Feb
7%
>7%
13%
24
1
Jun
1%
'
.rt'i.-Jan.r-
-44%
600
12..
:
—.
158%
2,550
Jun
8 %; Nov
,
•--100
10'%
50
Anaconda
p/4
34%
300"
..
62%
13%
-10
Jun
is/B
6%
Jun
19 %
Oct
3%
;
10%
J—
.
26%
Mar
6%
19"-
.
12V2.
26
.25 V
Nov
8
Jan
-26% Sep
900
11%
34%
.
—5
18%
148
3%;
17
58
American Radiator £ St San com.—
1,500
8%
10
9%
13%
__1
12% May
1,300
Nov
6
350
-
13%
..20
Feb
8%
July.
23% Mar
-
1,250
-
-
10%
9%
8%
6
JC9
23 Vt
*
\
15
38 V2
10'
common
Society Brand, Clothes
Wisconsin
Range Since January 1
Low
14%
-42
Feb
600
-
;
10%
15%
17%
common
Shs&feftar Frod
Wieboldt
High
18%'
*
1
common—
see
__
*
common—
common
Chicago Towel Co
5
*
5
Berghoff Brewing Corp
Blnks Mfg Co capital
Bliss & Laughlin Inc common
Brach
;•_*■
of Frices
Low
19%
Jan
-16% May.
28
1,250..
9%
17
Westinghouse Electric -& Mfgcom__12 %
for week
Par
64 y«
300
8%
14%
9
,
.10
Sprvtck Corp class B common
U
Sales
Last
30%
38%
58
..
Week's
I
28
.
11% May.
Sep
9% Feb
v
Mar
100
500
•
20%
Sep
Jan
9
50%
60
500
32
Jun
Jun
Sep
■
.
19.:■■■
:io,
Union Carbide & Carb capital
United Air Lines Inc
Friday
;
12
28%
Feb
18
150
-•
-
••
-
15
„1
capital
Co
Roebuck
3itfclaif''Otl
.
Sep
1
18%
600
12%
:
-
8
common
Slgnode-Stofek Strap common
Oct
155
52
Co.—
11
58'
9% Mar
200
---
■
28
t
-7
common
950
18%
12
,6
<
*
common...
10%
22%
...
Apr
600
•'
Oct
19
*
Jun
1
5 %
Packing
Sears
May
6%
16
9%
•19%
—*
ScfrWitzer-Cummings capital-
Jan
6%
5%
18% May
32
-•
Louis Nat Stockyards capital:——*
St
Apr
16 %
35%
—,
Rath
.
9%
17%
15
32
20%
~_z*
Car. common..
RR
Sangamo Elec
May
1
Inc
Mar
■
8%
83
31c
17%
39
16% May
14% Sep
„1
:
Peoples Gas Light & Coke—
Rights w i
Potter Co (The) Common.
Jun
i4% Mar
85%
Feb
250
1A
12
I
common.*
new
common
Bancorp
Pennsylvania
Oct
430
83
17
120
200
Sep
28
750
11
.100
common..—
Penn Electric Switch
Oct
201
65
8%
20
Feb
Oct
13
400
52%,.
com.:...**
Manufacturing common.:—
Peabody Coal Co common
5% prior preferred.
Apr
Mar
40%
18%
..100
6%
65%
Feb
7%
17
■19
18%
3
Oak
Oct
Sep
Sep
8%
Drill..—
Rubber
62 %
37%
10
United Shoe Machinery
8% preferred
S
69
16%
VMM Fruit Co
U
14
16%
Association
£ Webster
UMbn Twist
48
~8%
—25
—
Reece Folding Machine
Rexall Drug Co—t
Torrington Co
63
.2.50
Mining..
QtEncy Mining Co
Stotte
60%
Jan
III 1
-—1
Electric
Pennsylvania RR
Shawmut
Feb
41 %
13%
«
New England Tel & Tel
N Y New Haven £ Hartford
North
42%
5
5
Racing
England
1,079
r
common—
Nash-Kelvina tor
National
60%
41%
12 %
4%
it i'
MathieSon Chemical Corp
Narragttttsett
12%
3%
41%
..50
-25
-
,
Maine
pfd.
„.
1,825
57 %
pr
Theatre
Boston
4%
Jan-
50% Mar
15
'
.
25
;t
Tool
common
Switchboard
National
42% May
627
Jan
7% May
14%
1
>1
cap:
—1
Brewing Co
Modine Manufacturing commonMontgomery Ward £ Co
59% July
42%
,
19 A
Nov
•16%
Minneapolis
Oct
54
4
Jun
16% May
9% Jan
38% May
49 % Oct
14%
10
common
Brew
Miller- A 'HhlrtrlBer^cemmon vtc
$1 prior* preferred
•„
Jan
38%
15
200
1L%
Oct
54
—
6%
Jun
110
Mar
6%
33
...
Isle
11
Marshtfl^MWA^Co. common__:_.
May
38%
Gillette Safety Razor Co
7
50
Llqultf Cartmnte. Corp common..:.
Oct
165
750
31%
.Lincoln-Printing Co
July
110
35
7%
11%
31%
.>r».;.';>'Lliid£^:1^£i'Cheni:
8y« May
Jun
92
33%
Stores
Electric
7,
6%
Jan
Jun
3%
Feb
13
*
Libby McNeil*1 £ Llbby
64%
75c
335
82
950
•
Cumulative preferred
■
21%
37
14%
99
1,600
Lakes
10%
Apr
Sep
55c
July / '
2%
May
/Aug
40
Sep
29% Mar
11%
1
Jun
31% Feb
50
68%
preferred series B
8%
<
7%
100
1,300
2,100
Katz Drug Co
Aug
74
Feb
15
55C
400
2%
65%
International Harvester
Mar
18
13% Mat
34
145
6
52%
55c
8%
34
'13%
7,
10
Indiana Steel Product® common.:
4% May
51% Aug
45
8%
2%
1
•
Eastern
34
11%
Independent
21% Oct
2,566
6%
6
Mar
Sep
Sep
common
Co capital
Illinois Central-RR common
Jun
520
46%
—
25
61
Hibb
43% May
6
15%
70%
30
99
10
Illinois Brick
120
115
Feb
6%
Property Trust
•
Providence RR——100
Calumet £ Hecla
East
43%
6'/4
Personal
Boston
43%
32 %
1%
common
Leath £ Co common.
100
stamped
29 Yb
10
Jun
Feb
RR—
Maine
Common
July
34
13%
Hammond Instrument Co common
.
£
Boston
25
61
Heileman '(G)
Hein
Werner
Railway—
^
3,500
_2%-
5
Auto
Refrigerator Co
Harnischfeger
Jun
158%
36% Mar
38 y.
100
Jan
27%
iun
.t
High
Oct
33%
100
Boston
39%
41%
~.25
——
High
—
•
RE
39
<
Range Since January 1
41%
pfd-_100
Inc_
Boston At Albany
Edison
Boston Blevated
151%
lio
Aug
10%
Great
.
.
::
Low
37%
I100
Tel
&
American
23
Gossard
Sales
Last
Par
250
Gillette Safety Razor common
Goodyear Tire & Rubber common
Exchange
Sale Price
Agricultural Chemical-.
Jun
27
1
Gibson
Amer
63%
*
Inc—
General Finance Corp common:
General Motors Corp common
Friday
65%
.32 %
52%
America
Drive
Jan
STOCKS—
Feb
Feb
5
Fox
Jan
52
Boston Stock
52%
32
:26y8
26%
•
class A
Corp
Four-Wheel
1975
1975
Transit
5s series A
900
800
;26%
25
Corp
Credit
Flour Mills of
BONDS—
Baltimore
High
60%
49%
5
(new)—:
common
Doehler-Jarvis
152
Casualty
Amsterdam
Low
56%
47
Jan
2.75
Jan
13 %
Dodge Manufacturing
Fidelity £ Deposit Co
Range Since January 1
High
.46%
56%
10
(The) Co Inc..
Commonwealth Edison common
Week
Shares
of Prices
Low
2%
common
Coleman
Jan
10
Corp
Service
Sales
for
Range
1
Sale Price
Par
14%
16
Week's
Friday,
High
13%
16
100
vtc
NOVEMBER 5
STOCKS—
for Week
Sale Price
—
ENDED
Sales
Last
Arundel. Corporation
WEEK
Exchange
Friday
STOCKS-
FOR
Oct
11% May
18% Mar
26% Mav
9
Nov
42% July
x25% Feb
5% May
23'%
Jan
45
Jun
42
May
8
Feb
15
Jun
6%
Oct
liy4 May
*'
•
Volume
168
Number 4749
THE
COMMERCIAL
& FINANCIAL
CHRONICLE
(1931)
other stock exchanges
RANGE FOR WEEK ENDED NOVEMBER
Week's
Sales
Last
Range
for Week
Bale Price
Of Prices
Shares
Friday
STOCKS—
Par
Republic
Steel
Rexall Drug
Corp
common
Steel
<*ti)r!*hak«»r
Sunray
Oil
United
5%
23
High
17%
Feb
33%
5%
Nov
Sep
17%
20
79 %
80%
Oct
3,200
14%
Feb
23
69%
Feb
91
Jun
11%
Feb
13%
13
15
400
23 %
23 %
27
1,100
13
29
11%
11 %
2,100
9%
Feb
2%
2%
3%
1,100
2%
Feb
15% May
3% May
•
.
Detroit Stock
New York Curb Exchange
Exchange
Chicago Stock Exchange
Exchange
Jun
1
,
New York Stock
15% May
16% Mar
*
common
Members
Jun
300
1
j.
Watling, Lerchen & Co.
7% July >
32% July
700
1
L
Corp__
Wilson & Co
1,400
26%
25
common
Corp
Low
29%, 33
5%
15
Spring
Corp
Range Since January 1
High
1%
Oil of N J
Standard
29 y2
2%
Schenley Distillers Corp
Socony Vacuum Oil Co Inc..
Standard
Low
*
..
Inc
5
11%
11%
12%
600
11%
Nov
17% May
Ford
DETROIT
Building
Telephone: WOodWard 2-5525
Cincinnati Stock
Exchange
Friday
Sales
Range
for Week
Sale Price
STOCKS—
Week's
Last
of Prices
Par
American. Laundry
Mach
LOW
Balcrank
8
...
Champion
4%
Gas
&
Elec
&
preferred
O
N
T P
18
18
18
24 %
*
24%
26%
20
Bell
102
,
:
.1 —50
Croaley Motors
—
i
—1—*
<
.•
.
Jan
19
Apr
23
Apr
Altera Electric common
American
18
4% May
Nov
18
STOCKS—
Feb
'
Metal
f„
26%
Nov
23
Feb
49 '/•
Jun
Baldwin
63
Jan
102%
Jun
Briggs
102
20
80
Jan
102
Oct
Brown-McLaren common
6
612
0
May
Jan
Burroughs Adding Machine com__
■77
445
73
Mar
81
Jan
Chrysler
10%
Jun
5%
75
8%
8%
9%
385
6%
8%
Apr
Rubber
Early
&
0
Daniel
Formica
135
19%
Apr
24%
Jun
Detroit
&
46
67
46
Nov
58
Jan
Detroit
11%
100
7
Jan
11%
Oct
Detroit-Michigan
47%
48%
42
49%
Sep
45
47%
279
40%
48%
Oct
22%
22%
200
21% May
29
Jan
Frankenmuth
65%
66%
Jan
Friars
Jan
Gar
47%.
,
«
.1
*
.
B
U
July
common,
66%
•
,
——
Feb
720
62 Vs
Feb
7
270
6%
Jan
43
44
133
46%
7
47%
6%
71%
8
'
S
Printing
Preferred
•
'mmm A
■"\
—50
_
40
Jan
49%
Allied
Sep
50
Jan
Stocks—
31%
...
30%
78
31%
12%
Nov
10% -Apr
9%
609
460
29
Feb
36% Jun
1% May
17% Jun
9% Nov.
1%
1%
1%
400
15%
15%
15%
190
1% Sep
12% Feb
58%
58%
300
53% Feb
21%
22
405
21
10
.
22
1
8%
1
_
Nav
8%
.
8%
880
65% Jun
23
Feb
6% Mar
10 Vs
Jun
6
Sep
10V« Jun
4
Mar
Mar
6%,
6%
6%
834
4%
4%
200
20 %
20%
20%
6,336
20 % Mar
11%
11%
1,086
10% Mar
5
20
Stove.
Ale
1
I
1
Truck
18%
Brewing
7%
280
200
2%
16
._*
3%
Feb
700
3
80c
Oct
1,675
y2
Jun,
18% Jan
May4% Jan
Feb
100
7%
3
Jun
12
Feb
80c.
3%
80c
6%
6%
21% JUn
13% July
Mar
9%
6%
3%
1
A—
8,300
7%
41%
1
1
i
Industries.;
3%
i8Va
3%
18
—*
common
common
Wood
3%
__5
common
Motor
Gemmer
Manufacturing class
B
1% May
9% May
.
C% Feb
27
Jan
,
47% May
,
32% May
Finance
General
Motors
166
39%
18 y»
160
17
Aug
19%
Oct
6 %
6'A
120
6
Sep
8
Jan,'
10
63%
65'A
356
Feb
65%
*
common
common
18 Va
52%
Feb
41% Nov
41%
18 %
*
i
:
General
Stores
2% Jan
13% Oct
Apr
45%
98
High
2% Feb
•
*
Electromaster
Federal
Class
Unlisted
250
33%
9y8
„.2%
—
Cleveland
Federal Mogul
4
Gamble
&
125
46% Mar
*
Procter
Oct
J
■
45
Lunkenheimer
Low
500
2%
13
■
1
Randall class
30
Range Since January 1
High
1
;
Edison
11%
a
...
Bros
23
.23
„—_
.
Davidson
110
110
12%
30
Shares
25% May
Sep
46
46
—...
Hatfield-Campbell common
Kahn
<E) Sons 5'J preferred— -11.50
Kroger
19%
22
»
•
Art
50
20%
110
;
Insulation
Gibson
20%
__
12%
common.^....'
Corp common
Consolidated Paper
Motors
2%
1
common
Manufacturing
2%
2
com
126
102
75
'
10
__
new
102
„
Low
___i—___1
Prod
27%
,
Continental
Eagle-Picher
Par
95
5%.,
Tel
Aug
10
Jan
27%
-
—
common
3%
14%
32%
93
'
....
...
Nov
285
for Week
of Prices
Friday
27%
248
'
Sales
Range
Sale Price
High
200
'3%
15%
common.,—8.50
—
Cincinnati Street
Cine & Sub
15%
.
»
Paper & Fibre-
Cincinnati
C
3%
15%
__
Baldwip •
Burger Brewing
710
Week's
Last
Low
28%.
Detroit Stock Exchange
Range Since January 1
High
27%
27%
20
Shares
Oct
'
American
Airlines
American
Rolling Mill
1—10
27%
American
Tel
.'—100
25
151%
37%
10
47%
Chesapeake
Cities
&
&
Tel..
Ohio
Service
City
Ice
&
Columbia
1
-
...—
V
7%.
7%
50
6%
Oct
28%
7*91
25%
Feb
151% 153%
152
¥
——
26%
Fuel
37%
37%
165
36%
48%
54
32%
29%
Oorp
Brewing
Jun
Graham
Sep
Feb
45%
Jan
Hall
65%
Jun
32%
14%
Jun
Paige
29%
30
28%
Sep
11%
12%
579
29
25%
39%
61'/a
Lamp
Hoskins
common
General
New
•
•
Electric
Motors
York
Packard
10
—^
*
Car
Pepsi-Cola
Pure
9 Va
>
Oil
Radio
L„.j
^.r_.
Socony
Vacuum
Oil
Standard
U
32
Mar
42%
Jun
63%
514
50% Mar
65%
Oct
Kinsel
Drug
15%
1
12%
18%
Co
50
Feb
5% May
4% Mar
Jan
9%
50
9%
Nov
23%
33%
134
25%
Feb
13
105
; 7%
41% May
15 \ Jan
316
Feb;*
,
Hudson
Motor
Motors com
Car
;
(S
S)
Lakey Foundry
Lansing
LaSalle
Wines
Masco
Screw
Feb'1;
23
JUn
22
Oct
29
Jun
McClanahan
332
69%
Feb
92%
Jun
Mid-West Abrasive
25%
28%
193
25% Mar
35%
87%
Jun
33
Jun
79 Va
80
67% Mar
25%
26%
35
25%
Cleveland Stock
>
Nov
Oct
Exchange
Friday
Week's
Last
Brass
Range
Sale Price
of Prices
Packard
Motor
(Un)
City Ice & Fuel
Cleveland
$4.50
_
Cliffs
_
Iron
preferred
3%
50
185
Car
Tire
General
Electric
Halle
Harbauer
Industrial
Jaeger
Jones
Oil
Aug
51
Feb
50 %
47%
69%
Oct
78
Feb
92%
Oct
A
a
15%
23
23
47
210
300
45
7%
165
9%
20%
43
6%
Feb
16% July
Feb
25
Aug
Feb
53
Jun
Sep
10% May
39%
42%
285
31% Mar
43
61%
63%
505
50% Mar
65%
a20% a21%
140
a62 Va a62%
a45% a49 Va
61%
Dist
Radiator
Wayne
—
B
140
12
Aug
14%
Feb
83
12
43%
5
33%
400
20%
160
87
25
Jan
13%
Sep
39
Feb
56
Jun
31%
Jan
36
July
19%
Nov
23%
Jun
29% Mar
39%
Oct
15 %
665
10
Feb
33%
33%
100
24%
Jan
37
.
-37
80
33%
Feb
5
„
—
5
650
a21% a22 Va
—
100
,
42
Sep
July
Thompson
U S Steel
Van
Dorn
Products
*
For footnotes see page 42.
2
2% May
Sep
1%
325
1%
1,920
1 %
3%
3%
100
3%
14'/a
14%
14%
210
2%
2%
300
4%
4%
150
4%
3
3
400
3
July
25%
1%
4%
25%
26%
1% Aug
2% May
2%
2
Jan
5
May
8ep
13
July
Jan
17
Jan
Feb
3Ve Jun
Feb
5% May
3% Jan
Oct
33%
1
4%
5
475
3% Oct
6%
Jan
3%
3%
100
3% July
4
Jan
Feb
12
Oct
Feb
16% Oct
26'A
2,222
11
11
215
15'A
15'A
16%
300
20
20
20%
460
7
7
9%
9%
11
17% Mar
23%
Jun
7%
200
5%
Feb
945
.
10
11
6%
6%
8%
12
Jan
9%
Oct
12i
Apr
Jan
Feb
14
Jan
200
500
11
6%
Oct
1%
1%
600
1%
Feb
1%
1%
100
1%
Sep
7'A
7%
Sep
2% May
2% Jan
Angeles Stock Exchange
Petroleum
Bandinl
Bros
Barker
Company
1
Sales
Week's
Range
for Week
ef Prices
Low
Shares
Range Bine* January 1
Low
High
2,700
5-6
22%
23
5
—-10
common—
4% Sep
Oil
Basin
Bendix
20c
Co
Oil
Chica
Bolsa
60c
500
52 y2c Feb
16
2,575
10%
Feb
16%
14%
6%
14%
115
14%
Nov
20
Mar
700
6%
Feb
8
Aug
Feb
*
__
15
60c
38% Jun
77%c Jan
Oct
7'A
10%
28
8
2,405
11%
2,107
28
28
100
27 %
27 %
28%
1,078
20% Mar
31% Jan
1
Co
7%
20
Corp
Broadway Dept Store
Jackson
Jun
21%
.33%c
2
1
•
*
Appliances Inc
Corp
Home
Diamond
Blue
•
.
High
7%
430
14%
—,
"■
-——1
Consolidated
Barnhart-Morrow
Investment
Central
Corp
Products
Certain-teed
14
13"%
14
672
13%
Feb
20% May
54%
Feb
Chrysler Corp
Multiplier
Corp
Colorado Fuel
Iron
Clary
—
Corp
—
6%
11
7
7% Nov
13% Jan
10% Mar
15
26
34 %
Feb
Jan
July
2,50
•
55%
5%
55%
5%
60%
6'A
1,129
65%
Jul)
995
5% Nov
6%
Sep
•
.—
&
common
Consolidated
18%
18%
20
710
12% Mar
22%
Oct
1
Douglas Aircraft Co Inc.
Dresser Industries, Inc.
:
Products
Oil Co
Exeter
Ltd
7%
1,240
5%
Apr
8%
Oct
9%
10
560
9%
Nov
12%
Jan
a54%
a54% a55%
22% 22 %
85
50%
Feb
100
50c
4
A
—
12%
1
Corp
class
7%
9%
•
'—
7%
1
Engineering Corp
Creameries of America
70c
Farmers & Merchants Nat'l Bank___100
Radio
Fitzsimmons Stores class A
Feb
41
70
33
Jan,
48
Jun
100
26%
Feb
43
Tele
&
Corp..,
1
6
12%
275
70c
75c
3,300
300
302
20
6
6%
550
12%
—
»
16%
Feb
22% May
a30
21% Jan
12%
Apr
60c
Feb
295
Feb
5% Mar
8
61
Mar
30% Jun
14% Jan
95c
320
Jan
Mar
11% Jun
10
8%
8%
118
11
61
11
61
13
65%
300
10
Jan
15%
Jim
1,296
51
Mar
65%
Nov
—
46
46
701
39
Mar
48%
—
115
115
405
92
Feb
1
Sep
May
Jun
25
18%
a
18%
13% al3%
20
a29%
18% July
20
Garret
General
Corporation (The)
Motors Corp common
Hancock Oil Co
class A com
a 33%
Feb
15
Jun
Holly
Feb
26%
Jun
Hunts
582
22%
Feb
33%
Oct
Independent Exploration Co
43
43
45
1,404
41
Feb
47
28
1,242
24%
Feb
35
Jun
30
39%
Feb
59% May
Development Co.
Foods Inc common
al0%
4
12%
3%
12%
33%c
8%
—
75
3,000
8%
4%
12%
9
15c
15c
3,000
9
43%
125
650
10% Aug
1.55
12
8%
Jan
131
Oct
July
14% Jan
5% Aug
Sep
18% Mar
Oct
17%
Jun
Nov
34c
Feb
Apr
25
al0% al0%
5
1
6.66%
10c
7%
18%
28
*
...
25
v
2
10
Goodyear Tire & Rubber Co common—*
25
::io
9
Warren Refining & Chem
Youngstown Sheet & Tube
Youngstown Steel Door (Un)
500
1%
1%
Par
Jan
Feb
12%
a
20
a48%
common
(Un)
Jan
2
3%
liUtt
May
2%
170
a33% a36
m
Works
Jun
3%
-nVr
w
Sale Price
5
301
4
*
common
Iron
'
STOCKS—
29
Nov
-
15%
a
5
Bros
7
Sep
2% Sep
9
600
1
Products
Farnsworth
41
Il50 '
Standard Oil of Ohio common—x
Jan
150
3
'
4
9
*
37%
8%
1
Jan
6%
4% Mar
22
35
15%
4
—
(Un)
Feb
Jan
4% May
1% May
2
1
Los
Electrical
+
(Un)—1—
33%
15
3
8%
3
...1
common..
common
Hilton Hotels Corp
Rlchman
728
37
Nov
Nov
Jun
12
T
„
Radio Corp of America
Reliance Electric & Eng
Steel
37%
37%
15
Jan
11
I
(Un)
12
33%
0
RR
Jan
20%
1
(Un)
Oct
17
13%
——
-
Oct
Oct
Mar
m-
—
--
64%
50%
13%
20
_
—.—
47% Mar
38% Mar
35
•
-
10
105
710
43%
~10
Mfg,
Jun
8% Jun
>22% iJun
May
14%
a34% a38%
IIl4
28
Sep
22%
33%
(Un)—_
;
20%
13%
9
__
Jan
18%
*
nil
RR (Un)
Republic
1% Mar
1
...
common
Aircraft
Screw
Byron
22%
•
—
_
Steel
Oct
12
12
—
May
14
—
(Un)
class B,
Pennsylvania
15
90
45%
*
class
600
1
Oct
Feb
m
Portland Cement.—
Central
Ohio
41V8
32%
—
&
S
Warner
Jan
10
175
142
43%
43%
—
Sessions
Tile
1%
Apr
♦
___
Steamship
Brass
34%
„
—
Acme
Ohio
Oct
al3%
lilt)
Metropolitan Paving Brick
Y
26%
•
National
N
105
«
National
1%
5
Jun
90
common.
class
Cooperage
(AG)
Medusa
111%
a65% a68%
common
common
&
Jan
•
Laughlin
Lamson
McKee
105%
*
(Un)
(Un)
9
.15% Jun
Jun
a46% a48%
...
Machine
&
3
1
Oct
2
107
33
*
Rayon
8% Feb
200
lo
—i—1.^:
common
Apr
42%
7%
common
Jan
Oct
81%
Feb
25
Co
Interlake
18
Sep
34%
"""I
(Un)
(Un)
(B F)
Bros
Feb
73 y2
593
_1
U
—
Goodyear Tire & Rubber
Drug Stores
Bros
12%
860
n\r"
Gray
Greif
5,802
40%
(Un)
Co
Goodrich
17%
79
a25%/a27%
1
Jan
5%
Jan
40%
107
4
General Motors common
Glidden
Jun
45%
Oct
*
—15
Rubber
&
158%
July
28
*
Rubber
Co
1477/e Mar
700
3
Friday
Railroad (Un)—„——
Firestone
Brewing
Shirt
78%
—
Tivoli
United
Jun
16%
*
8%
6% Nov.
,_2
....
Manufacturing
U
24 y2
740
9%
3
•
<^ommon
common...
3% July
Feb
15%
9
1
Products
4% May
"Jun
2% Mar
37
40 Vi:
com—
Manufacturing
Faultless
3
16%
75
29%
common
Gabriel
602
,
120
16%
l
•
Electric Controller
Erie
153
180
15
9
*
;
Wi
(H
.
15
2
.
common
Corporation
29%
100
preferred
Chemical
Eaton
153
_
—.
Sep
10
common
Udylite
a37% a37%
Cleveland Graphite Bronze (Un)_— —1
Consolidated Natural
Gas
(Un)__ __15
Dow
:
High
LOW
21%
.
Range Since January 1
I
a3%
common—
—■
Cleveland Electric Illumtn
4%%
High
3%
25
6% Nov
1
Timken-Detroit Axle.
Shares
21%
100
—
542
3%
50
common
Davis
Sheller
a3%
Chesapeake & Ohio
6%
1
Scotten-Dillon
Sales
1
Body
American Tel & Tel
Low
-
50c
...
(Un)—
&
6%
2
common
Corporation
National Stamping
Rickel
for Week
5
Manufacturing
Corp
Coach
Nov
12% Nov
1
Murray
,
Parke
American
Sep
13
150
1
Oil
Peninsular Metal
Akron
6
220
12%
6%
°f
Products
14%
23
78%
Park Chemical
Alleghany
500
13%
12%
<
20%
Par
6%
13
12%
—10
common
common
common.
22%
79%
STOCKS—
100
1
ocmmon
iMach
&
17%
,
3%
•
—
Stamping
74%
25%
3%
1
22%
•
3%
Sep
Mar
1
common
,
17%
—12.50
.
4
1
Kaiser-Frazer
27%
Wcstinghouse Electric
4%
1,535
Sep
4%
31% May
Electric
74%
(Ohio)
2,371
6%
•
Kingston Products
; 31% July
Feb '
Howell
22%
s
Steel
S
21
195
11%
(NJ)
Oil
70
40%
'
is
Oil,.
Brands
Standard
27%
,
31%
•
Standard
24%
Feb
9%
._,tr
Corp
Feb
4%
4%
10%
50
60%
;_j.
Central—.
Motor
5%
6
2y2
common
Kresge
General
;;
29
5
6
5
__j
Manufacturing
15%
"""—"IT
5
1
common
Houdaille-Hershey
39%
,
Dayton Power & Light iL.
Fed Department Stores
1
1
common...
Juii
29
11%
Gerity-Michigan
Goebel
158%
27%
•
Gas
Way
Mar
148
47%
0
10%
0
0
1H2
51 %
a78% a84%
225
2
2
2
.
233
10%
10»/4
10%
9,
9
a
'
'
'
200
67% Mar
7
Mar
2
Sep
a82% a88%
131
65%
15%
110
14% Mar
al5%
a
Feb
87%
12
Oct
May
3% May
89%
Nov
19% May
Oil
Jade
Co
Kaiser-Frazer
Kern
County
Lane-Wells
Lincoln
Co
Petroleum
Co
9
5
43%
—
1
——100
Aircraft
1.25
lOo
Corp
Angeles Invest Co—
Lockheed
Los
1
1
Corp
Land
Co
„
—
—
15c
10 Va
1,232
8%
Feb
15
Jan
45%
941
43%
Oct
51
a27% a28%
105
20% Jan
30
Apr
Apr
1.25
1 40
2,850
18%
290
18%
290
185
17
1.10 Mar
14% Jan
270
Jan
1.60 July
24% Jun
300% Sep
35
36
COMMERCIAL
THE
(1932)
&
FINANCIAL
CHRONICLE
Monday, November 8, 1948
OTHER STOCK EXCHANCES
RANGE
FOR
WEEK ENDED
NOVEMBER
5
1
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Friday
STOCKS—
Low
Par
Mascot
Oil
Menasco
Petroleum
Merchants
400
2
2
2%
690
120
1
Co
1.00
1.20
Lines Inc
Corporation Ltd
Northrop Aircraft Inc
tfordon
3%
7'A
7»A
12c
2,000
12%
340
11'A
12 V*
1
2.55
a 18
32'A
32%
Lighting Corp common
Republic Petroleum Co common
*
1
51
23%
Reserve Oil &
1
2.65
2.50
10
25
25
Oceanic Oil
Co
Pacific Finance Corp common
Pacific
5%
Gas
Elec common
&
1st pfd
redeemable
Pacific
Rexall
Gas Co
Ranch
Richfield
Oil
Oil
Corp
oo
July
5
May
24c
6%
Feb
Feb
Standard
Oil
Co
2.90
Jun
Swift &
50
15% Mar
21%
Jun
Texas
30% Mar
3*
Jan
Texas
27
157
26%
51
51
398
47% Mar
55
July
23
24'A
1,403
22
32
Jun
4
5%
800
3%
Sep
6%
5%
5%
5%
580
5%
Nov
7% May
21%
225
60c 72'Ac
1,600
32%
5%
6
20
700
18
Mar
494
Nov
15%
Sep
Union
Pacific
Air
Corporation
49
U
Jun
7
Jan
Mar
4% Feb
8
Lines
Rubber
Warner
Bros
Pictures
Inc
Roebuck
30
15
25c
•
1
*
Security Company
Oil Corp..
Shell Union
Sierra
Corp
Trading
Signal OH & Gas Co class A
Signal Petroleum Co of Cal
Sinclair
Oil
16%
Corp
50
a37%
17%
2,595
15'A
Apr
42%
'1,085
32%
Feb
49%
•
Co_
ti
50
a37% a41%
9c
10c
9c
259
46
145
28%
Jun
Nov
Woolworth Co
(F W)
__
30% Mar
36%
Jan
53 Va
Feb
66%
Jun
40%
Feb
68% July
827
19%
Feb
303
19
Aug
39% July
25'A
27'A
19
19
Aircraft
22c
Oct
May
161
161
205
267
26c
26c
29c
5,400
25c
Sep
55c
23
26
4,082
15 Vs
Feb
32%
276
89%
Oct
92'A Aug
a24% a24%
60
23%
Feb
30
July
12% Aug
19
Apr
13
5
13
276
2%
2%
167
~2Va
Feb
3% May
a43% a46Va
—
160
38%
Feb
49% May
M
9%
Nov
14
al7% al8%
80
18%
Feb
24'A May
28'A
570
25%
Feb
33
Jun
a44 a45%
187
44% Sep
49%
JUti
9%
•
a
9%
17%
26'A
9 Va
26'A
10
»
Jun
25
8»A
Feb
14 Va Mar
215
Feb
Oct
cumulative
4.56%
conv
pref
Southern
Pacific
Standard
Oil
300
Friday
Sunray Oil Corp
Corporation
Transcontinental
United
&
Western
28
27%
369
25%
Feb
27%
Steel
Consol
765
27% Aug
160
32 »A
Feb
34%
55%
59%
1,601
44%
Feb**
70'A
1,617
05
Jan
72%
11% ~ 13 Vs'
113A
20%
a
a21
19%
a
13%
13%
11
185
16'A
a
125
6%
65
3,103
•
76%
76%
85
38
39
23%
20'A May
17
Sep
13%
Feb
Co
20'A May
67% Mar
38% July
86% Oct
38
44'A July
Feb
Sep
Cons Chollar C & S Mng Co—aZenda Gold Mining Co
a3
a3 %
100
3'
Oct
1.10
1.15
200
70c
Feb
1.80
4'Ac
4'Ac
6,500
4'Ac
Feb
8c
4'Ac
10c
4 % May
Public
Mfg Co
•
31
31
32%
-1
a6%
a7%
20
Light
♦
American Radiator & Stand San Corp.*
American Smelt & Refg Co_.
•
all
all
20
American
Airlines
American
Power
American
Tel
&
Tel
&
Anaconda
Topeka
Atlantic
Avco
Refining
Baltimore
Barnsdall
Bendix
Ohio
&
Oil
(Del)
Pacific
I)
Cities
45%
Sep
46%
32
Feb
27'A
816
27'A
Feb
8%
8%
490
a
105
al04%all0%
15
Oct
Jan
175
37%
Sep
6%
6%
7'A
931
4%
Gas
13%
13'A
200
12%
Feb
11%
11%
1,815
10%
Feb
a38%
14
a38% a41%
7%
180
33
Feb
44
10
Feb
37%
a24 a25%
75
42'A
42'A
56
316
8%
210
65'A
Mar
13 % July
18% MayJan
56%
49%
Sep
50% Mar
17% Feb
9%
•
65%
13%
14%
845
a41% a41%
50
39%
13
5% Mar
May
8%
Oct
20 Vs
July
19%
2,166
17%
Sep
19%
5,162
16%
Feb
22 Vs May
36%
Oct
48 Vs
38
40%
670
21%
23
21%
22%
288
37%
41%
668
,
♦
•
25
45 Vs Juiyt
24%
Jan
22%
1,185
20%
Sep
23% July
25%
26%
626
25%
Nov
28%
July.'
22%
24%
410
16%
Feb
27 Va
Allegheny
a53'A
10
a52% a57%
50
Inc
•
•
al9%
48%
11%
Corp
65
11% May
Follansbee
19
May
50'A May
Harbison
25
19%
26
26
52%
1,259
19%
50
27%
Oct
33
533
12%
a
Feb
July
684
61
July
7%
7%
100
7%
Sep
12'A
Jun
50'/.
32
20
63%
-
Southern
&
14%
Jun
27%
Jun
25%
Corp
3'A
3%
3%
3,600
2%
Feb
3%
2iy« Mar
24%
Pitt
Lone
975
56% a56%
50
50
5
a27
a27 a27%
75
27%
*
8%
1
9%
A
&
Brewing
Walker Refractories
Foods
General
Public
„
L
-1
Star
Gas
Corp__J
preferred-
Iron
Nickel
Corp
Co
of
International Paper Co
International Tel & Tel
Kennecott
Copper
Montgomery Ward & Co Inc.—
Corp
Northern
Pacific
Ohio
38'A
*
a45%
ll
*
32%
a56%
Motor
American
Paramount
42%
Feb
40
Feb
15
Car
48
15%
150
11%
Feb
16 Vs
200
25 'A Mar
33%
Corporation
Anr
62
11
Nov
16%
Jun
American
Inv
59%
1,110
42%
Feb
60%
Oct
American
Tel
May
5%
4%
Feb
6 %
400
8%
Feb
10'A
15
Nov
48%
Feb
16%
225
15 V8 Mar
21%
18%
410
18%
22 %
13%
15%
9%
10'A
2,392
Feb
12% Mar
20
15%
Apr
18% July
13% May
16% Jan-
130
17%
Feb
27'A
Jun
.33%
295
26%
Feb
40%
Jun
4%
4%
1,130
4y8
Feb
5% May
8%
9'A
290
8%
Feb
al7% a21%
33%
4%
Falstaff
footnotes
Brew
9Va
Feb
Oct
30'A July
23%
Feb
39'A
10'A
■
19% May
Jun
Jan
10'/a
355
24%
25%
173
21%
Feb
27
31%
33%
50
31%
Nov
36% Aug
10
——'
—
7% Mar
22'/a
23%
18%
8%
100
24'A
2,653
Feb
6 Va
70
8%
22%
t
22%
Feb
11% Mar
3
3
3%
502
3
3%
3'A
128
2% Mar
34%
10%
23% May
9
Aug
24%
Apr
3'A
Jan
Mar
52%
Jan
300
30
33
34%
665
32%
Oct
39%
9
180
7%
Feb
10
12c
29
29
10c
2,000
Mar
27% Mar
5
Nov
6
37
10c
Sep
May
36
8%
11c
Nov
Jun
Jan
19c
35%
May
Jun
13'/a
14%
165
11 % Mar
15
Jan
36
36
200
33
Apr
38
Aug
36%
36'A
38%
540
32%
Feb
39%
Jun
25%
25
28'A
185
25
Nov
33
Jun
—
—
Feb
44
May
Feb
15
Jan
11
May
13%
2,057
7%
340
1%
1 'A
100
_I
2%
2%
150
33
3,058
25%
29%
al0%
a26%
29%
a9%
a26%
a
10%
a 29'A
140
155
8
7%
Oct
Feb
2%
Oct
22%
Feb
3% May
ji
5'A May
33%
Oct
653
31 y< Mar
700
51
Mar
400
6
Oct
common
Preferred
50
__
—
23'A
24
200
23 »A
41 Vs
42'A
301
39% Mar
2'A
42% May
Nov
66 Vs
68
Aug
42%
Jun
24
Jan
2%
30
Feb
Mar
J
International
Johansen
Shoe
Shoe
•
common
1
common
Knapp-Monarch
_1
common
Laclede-Christy common
Meyer
Gas
Blanke
Missouri
North
St
Scullin
Steel
:
class
Stix-Baer
common
26
32%
Wagner
Fuller
Electric
284
13%
45'A
Jan
Nov
3%
Feb
Mar
11%
Oct
17
Jun
Oct
6
140
32
130
19%
19%
19%
60
19'A Aug
23%
18
18
18
27
17
Mar
19
16%
16%
16%
Aug
19
Jun
15'A
15'A
35
17'A
Jan
5'A
5%
350
50
5Vs
180
4%
28
16 V8
5
Aug
May
•
preferred
17'A
20%
800
16
39%
43
504
32'A
6% May
34
7
—
Jan
Feb
21%
Oct
43
Nov
100
July
23
July
95
99
99
1
common
Oct
May
Feb
19'A
19'A
20
195
May
15% Mar
5
common
common
18
41%
100
Apr
Mar
14% Mar
•
Investment
&
14'A
5%
10
A
Sears Roebuck & Co
Securities
8
32
25
(Un)
common
Sterling Aluminum
200
14
«
Cement—
Service
2'A
11
2'A
lo
common
Public
100
11
14
4
common
American
Louis
2'A
__
32
5
common
Portland
__
20
common
Steel
13% May
Apr
Brew
42%
66%
Oct
11 Vs July
Feb
Nov
100
38%
60%
1%
McQuav-Norris
7%
27
Feb
27
38%
61%
50
Mav
11%
May
2%
Laclede
7%
31
2'A
Laclede
11%
15
Nov
•
(Un)
Sep
Jun
1
Jan
May
25
Jun
20
Hydraulic Pressed Brick
22
690
100
High
19
155'A
Apr
Mar
21% May
33
25'A
-
May
Feb
31%
16
36
Nov
31%
100
33
9Vs
49 'A
17%
27
1
17%25
__
Jan
14'A Aug
655
57
13%
150% Aug
145
9%
Oct
481
17%
10
(Un)
common
common
151 Vs 153%
395
9'/a
39%
_—1
LOW
18%
275
15'A
9%
41 % Mar
17%
151%
Range Since January 1
High
40
Feb
110
Low
64
16 Va
407
for Week
Shares
14'A
18'A
a53 % a54%
of Prices
62
555
u37% a39%
Sales
Range
38'A
1,098
a37%
Exchange
Week's
14'A
22
1.75
-
38%
19%
-
;
5
22
•
23%
10
4
17%
•
42.
571
29'A
Mar
Huttig S & D common
Hyde Park Brewing common
17%
5
page
24'A
29'A
■
—1
;
Griesedieck-Western
.
50
a53%
common
common
Electric
Motors
liy8 May
26'A May
-
see
24
—
.100
Tel—.
Bottling
General
May
1,535
16% al6%
&
Manufacturing
Coca-Cola
Jun
18%
a
Burkart
Apr
16%
1
Schenley Distillers Corp
14%
1
common
General
50c
Warrants
Feb
Par
19% Apr
63% May
442
•
Republic Pictures Corp
Republic Steel Corp
St Regis Paper Co
%
Sale Price
July
100
320
.
12.50
Corp
STOCKS—
53
58%
•
Radio Corp of America.
Radio-Keith-Orpheum Corp
Jun
13
10
Last
50
58%
25
Company
High
33%
553
Friday
33%
Inc
Feb
25
212
St. Louis Stock
200
•
1
Pepsi-Cola Co
Dodge
Feb
12%
15
13"%
Electric
Oct
15
•
I
*
Jun
32%
a
5%
2%
Pennsylvania Railroad Co
90
36
1
<1
13% May
57%
9
100
Inc
Low
30'A
16'A
Jun
37% Mar
10
9
Co
Co
—
_
July
230
870
11
57'A
10
Airways
1
Spring
Jun
11%
a56% a56%
11
•
Pictures
Range Since January 1
High
Oct
34%
11%
11
14%
Mar
30
1,030
a45% a48'A
a
32
40'A
8%
1
Rwy
Steel
Vanadium
Westinghouse
13%
a
12 %
1
Company
Sales
Shares
12%
•
Alloys Steel
Westinghouse
Air
Brake
1,291
39%
a
•
Inc
Week's
of Prices
14%
1
Aug
42%
40
•
•
Aviation
Standard
July
Jun
5
Corp
RR
North American Co
26%
13
Feb
24
Nov
•
American
12% July
Feb
16'A
7
Prod
Feb
Feb
23%
Libby
Central
7 Vs
4%
Jan
•
Inc
io
Shamrock Oil & Gas
Feb
•
York
Jun
9%
4
Distillers
33%
15%
Corp
Nash-Kelvinator
Jun
525
15
Llbby.
39% July
Mar
10%
'
69
650
Laclede Gas Light Co—
McNeil &
50
for Week
preferred
Mar
12%
*
Corp
$3.50
Jun
23 %
*
Canada
32
200
3% May
23 Va May
3%
10
20
20%
38'/a
Jun
Feb
15%
5
Feb
12%
3
Greyhound Corporation
Interlake
110
2
70%
10%
5
10
6 V»
23%
•
Utilities
Co
2,065
20%
10
——
Fuel
Pittsburgh Plate Glass
Pittsburgh Screw & Bolt Corp.
8an Toy Mlnine
*
•
Corp
Northern Ry
200
10%
50% May
20% Sep
20 % July
1,154
27%
1
•
com
Co
16%' Mar
Sep
50% Mar
565
22'A
Low
10
Nov
5
Light Corp
General Electric Co
General
8'/a
9%
a22% a24%
1
-
Electric Bond & Share Co
Power
8
3
252
38 Vs
5
Steel
9%
•
2%
„
•
Electric
&
SuDply
Nat FireDroofing Corp__
Pittsburgh Brewing common
Jun
8%
a
70'/a
20%
20%
•
•
Manufacturing
Mountain
Oct
8
Publishing Co (The)
Curtiss-Wright Corp common-:
2%
21
•
Steel
Mackintosh-Hemphlll
28% May
Sep
67%
Sale Price
Duquesne Brewing
Joy
Jun
Feb
Apr
39% Mar
Apr
Mar
10%
24
•>
67%
_10
Co
Gas
Feb
37%
95
50
11%
a
Ludlum
Mar
10
'
*
1
_
Jun
Mar
49%
—
13%
—.
Apr
21% Feb
21% Feb
28
7,681
21
•
Par
Oct
Fort
13%
Oct
25'A May
Oct
17%
Last
Jan
8'A
5
For
.
17%
.
Friday
47
56
8%
Curtis
•
1,671
*
STOCKS—
Columbia
1
Oil
8%
7
Pittsburgh Stock Exchange
28% Mar
Continental Oil Co (Del)
Crown Zellerbach Corp
Pure
956
7%
.
15% Mar
,
162
12%
22%
..
Coal
42% July
Continental Motors Corp
Phelps
20%
,.
386
11
11% May
Jun
52% Feb
2,564
19 %
Feb
8
.
.
2,849
21'A
1
Inc
39'A Mar
450
Pullman
17%
424
51%
25%
Improvement
Westmoreland
175
9%
Pan
1,335
65%
37%
com
_
_
Gas
Blaw-Knox
9%
Packard
533
9%
16'A
38
3
Corp
Feb
23-/4
1
Oil
60%
22%
Jun
30% Mar
515
North
10%
22%
-
Jun
27%
25
Company
Co
16% July
150
24%
New
Apr
60%
17%
Jun
360
23%
Nat
74%
49%
17%
50
Oct
17 Vs
'
39'A
a
•
Loew's
Nov
May
a35%
Consolidated Edison Co (N Y)
Consol Vultee Aircraft Corp
lnt'1
69
8%
7%"
—50
_
Great
65
'
Corp
Westmoreland
Sep
a31% a33'A
*
System
Commonwealth
Electric
Jun
70
19%
common-
117% July
49% July
Feb
13%
*
Ry Co
Solvents
8'A
91
39%
39%
39%
185
5
—:
Commonwealth Edison Company
Class
17
11
*
United
40% Jun
31% May
25
Service
Gas
80
810
15
Co
Commercial
a45
36%
5
-
Caterpillar Tractor Co
Columbia
a45
•
Company (The)
(J
Feb
v
1
common
United
May
5
Borg-Warner Corp
Case
65
Oil
Paper
Oil
Sun
157% May
27%
5
Corp
—
Canadian
Mar
100
Co_
Boeing Airplane Co
Borden Company (The)
Budd
&
preference
Dome
Scott
Oct
35%
3'
Corp
Steel
48
Salt
Mar
16% May
148 V« Mar
13
Works
Co
Aviation
Bethlehem
10%
27'A
25
RR
10
Sep
35%
Ry—100
Co
Locomotive
Oct
12% Mar
1,611
5
Fe
Santa
Mfg Corporation
Baldwin
12%
;7%.
16%
.5
El
Apr
Jun
50
60%.
—10
Reading Co common
41% May
9%
81
151% 151'A
Nov
6%
1,260
a56% a58%
*
&
31
10
Corp ——
Co (111)
&
15'A
14%
755
50
Copper Mining Co
Steel
Armour
15
100
Co
American Woolen Co
Atchison
div
1,859
13%
55%
50
"".10
Navigation
Service
27 Vs
158%
Stocks—
Allis-Chalmers
Armco
9%
56
-13%
Philadelphia Electric common...
$1 dlv preference common
Philco Cofp common
$1.40
Unlisted
&
High
22 Vs Mar
147% Mar
13%
8
Corp
Pennsylvania Power & Light
Pennsylvania RR
Pennsylvania Salt Mfg com
Apr
1
Coal
LOW
339
69
II—2%
Pennroad
Apr
a3 %
10
22%'" 24 'A
151 Vs 153%
*
^
Brothers
Lehigh
Jan
13'A July
770
Glmbel
Sep
Mining Stocxs—
Alaska Juneau Gold Mng
22%
50
& Light
Storage Battery
Motors Corp
General
Range Since January 1
High
151%
13'A
Shares
Corp—
preferred
Delaware Power
Electric
Oct
21 Va
2,241
38%
partlc
.
—13
Budd Company
Chrysler Corp
Publishing Co
15% May
Oct
10%
4,018
33
30'A
—10
.
Feb
17
12
Securities
Works
Low
.
-100
_
Locomotive
Bankers
Jun
Sep
20
12%
13% al3'A
a
9'/<
2,995
260
11
for Week
Curtis
13'A
15%
a
._*
& Tel
Baldwin
62% July
65%
Tel
*
Jan
6G'A
31
Co
American
29% July
32%
52%
al3%
Corp
Oil
29
32%
Inc_5
Air
American Stores
Jan
549
24% May
22% Jan
28%
23%
27%
May
Sales
Range
of Prices
Par
July
23%
common—_25
California
States
Universal
May
27%
2
cum
of
26
23%
50c
*
Textron, Inc common
Oil
500
27'A
1
———25
common—
class B preferred
Transamerlca
27
•
•
Union
42% May
Week's
Sale Price
STOCKS—
30% July
Mar
•
Company—
of Calif
Co
conv
Mar
36
25
•
preferred
Southern California Gas 6 pfd cl A--25
$1.25
25
50
25
convertible
4.32%
4'A%
1,816
38
27
25
cumulative
4.48%
30'A
27
29%
25
preferred
4.88%
29'A
38
Co Ltd com—25
Southern Calif Edison
Orig
al0% al0%:
Oct
a86% a92%
a24%
Philadelphia Stock Exchange
Mar
23'A
1
1
Co
Jun
Apr
43
a87Vs
Last
Solar
32
25%
324
Jun
44%
Feb
122
65
150
a 43
12'A
_
Jun
52% May
Mar
9c
3,100
20%
42%
'
29 Vs
333
10
Union Telegraph Co—
Westinghouse Electric Corp
20% May
Oct
40%
17%
Seaboard Finance Co.
Sears
17%
Jun
85 Vs July
Feb
55% a60%
10
Co
52 %
Feb
17
30% a31Va
a39%
-1
—
Mar
71%
a
25 Vs
5
(Del)
1,044
a
50
Inc
38
375
24%
Jun
a65% a68 Va
—A.
a65%
„
Co—
a 80%
24
*
Corp
88
a 75%
24
10
Co_
Western
5
Inc
Stores
Safeway
a42% a44%
a
*
Railroad
United
Jun
42%
Fox
United
May
28%
22'A Sep
*
Carbon
Nov
47
134
Jun
21%
23 Vs
a22'A a23%
25
Aircraft
Feb
Feb
a23
_25
Co_
High
15
35 V.
25
Company
Company
Gulf Sulphur
United
2,539
155
1
&
Low
20
a44 a48%
25
J)
Water Associated Oil Oo.
Tide
Range Since January I
High
17%
•
(N
Twentieth-Century
-
a44
Corp
Union Carbide
17 Va
,
(Ind)
1.30 May
Nov
60c
3,608
17%
29%
27%
Oct
Low
Shares
•
Co
Co
Oil
Studebaker
1,828
20
for Week
15
Co
Inc
Standard
jun
33%
29
Brands
13% May
1.95
4,800
Oct
Oil
Railway
Standard
July
9
Jan
6Vs Mar
70c
•
1
Ryan Aeronautical Company
3
l
Southern
al8 a 18%
*
common
Feb
12c
Socony-Vacuum
3 % Mar
4%
1
Co
Sales
Range
of Prices
Par
Apr
27
2.50
Drug Ipc
Rheem Manufacturing Co
Rice
201
1.30
Jan
95c
STOCKS—
High
Jan
1%
150
12c
7%
90c
2,400
3%
1
1
1
1
Monogram Pictures Corp
National City
Low
1.00
1
Manufacturing Co
Range Since January 1
High
95c
1
Co
Week's
Last
Sale Price
Friday
Shares
14
14
14%
525
13
Feb
17%
15
50
50
52
215
48
Feb
55%
__
*'
10
Feb
Volume 168
Number 4749
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1933)
37
OTHER STOCK EXCHANGES
RANGE FOR
WEEK ENDED NOVEMBER 5
Friday
Last
STOCKS—
PACIFIC COAST SECURITIES
&
Co.
Kennecott
Kern
MEMBERS
and other
Class
San Francisco Stock Exchange
Los Angeles Stock Exchange
Corp
Copper
Bak
Ltd
38
38 y2
260
9V4
10»/4
4,951
•
57 y«
58 y4
613
43
5
44%
44%
545
43%
21
(Un)
class
*
A
—-
10
Inc
(R G)
Low
38
9%
a24% ia24%
34
High
Sep
42 % Jun
Fen
15
Feb
8%
59% July
51
Apr
Oct
1
—
Sep
23%
300
20
Aug
25
Jan
36
20
32
Feb
36
Nov
14
■
24%
22
22
t
14
100
14
Oct '
23% May
10% Apr
28
'
WALL
14
SAN FRANCISCO
Llbby
STREET, NEW YORK 5, N. Y.
Telephone BArclay 7-4300
Inc
s
Magnavox
HONOLULU
-
Martin
Friday
Co
American
Airlines
American &
American
Amer
(Un)
Inc
Radiator
&
(Un)
&
Light
Stan
3 Va
1
San
100
1%
7
IS'/b
14%
15%
1,395
&
Co
Top
Atlas
Avco
Mfg
Baldwin
Corp
•
(Un)
(Un)
Home
Bethlehem Steel
Calaveras
Ink
Mav
5%
Sep
9
Feb
7%
Nov
Jun
17%
4%
16% Jujy
7% Jun
300
305
90
16
100
230
Feb
Sep
Mar
11%
360
Jan
1,275
26%
13%
Oct
35
35
39%
1,978
11%
14
2,715
3%
7,472
Oct
Jun
38
19% Mar
30 y2 Mar
6y8
July
16%
Feb
190
11 %
39 y2
Oct
30
Feb
Jun
3%
3%
3
Feb
4%
Jun
a24
a25%
65
23
Feb
29 y8
43%
245
40
a567/s a59%
140
59
II
II
H
a23%
23%
65
30
a
420
295/a
»
class
Packing
Corp
&
Caterpillar
Celanese
Co
Mining
Chesapeake & Ohio Ry
Chicago
Milk
Common
St
&
North
V*
Ohio
voting trust ctfs
Service
Co
•
"
Preferred
Pacific
Coast
Pac
Gas
6%
Commercial
Solvents
Commonwealth
5 % %
5%
Jun
$5
Jun
25 y4
34
Corp
Pacific
(Del)
Creameries
of
6%
Oct
pfd
,.
Eastman
Co
Kodak
Service
Sep
Packard
Jan
Nov
Tel
Tel
&
Motor
Co
com
Jun
Paramount Pictures
54
Sep
Park
13'/a
14%
600
10
Mar
a38 y8 a38 Vb
25
43%
19 %
May
Utah
45 % May
Pepsi
50%
Sep
68% May
Phelps
31%
Nov
38
1.40
300
68c
37%
37%
678
37 Ve
Apr
Nov
*
*
8%
100
8%
a31% a36'/a
144
35%
58 y2
950
54
50%
50%
351
32%
1.95
Sep
44%
Jan
11% July
Oct
37
Sep
65 %
Jun
Feb
Cola
Dodge
(Un)
62% July
Pullman Inc
Pure
Oil
Corp
Keith
33%
30
25
26%
20 Ve Mar
28
Sep
22%
Oct
11
17%
Hunt
Power
For
17
202
17
Jun
61
Oct
Jan
20%
115
138
Oct
17%
Feb
12%
Oct
26
Jun
"
337
22% Mar
95
94%
96
144
90
4%
a9%
22 Va
22%
a20%
2%
a20y4
4%
a9%
Feb
"
104%
Jun
5%
May
4%
Feb
88
8%
Oct
11% May
280
21%
Oct
28
a21
255
18 Va
Feb
26% May
2%
200
2 Ve
Jan
3
Apr
Feb
22
May
Nov
22
Jan
1,700
-
—00
18
18
18%
9VB
9'/8
9%
53%
53%
57 Va
480
17
420
607
/
9y8
Feb
41
May
58% July
•42%
a31%
18% May
75%
Jun.
Aug
15%
Feb
26
1,835
24
Nov
10
42%
Oct
29% Aug
49 V2 May
320
26%
Feb
42 % May
11% .13%
*
—
Feb
Feb
10
a31% a35%
24
10
55%
20
a39'/8 a39'/a
•
125
175
10
24
10
63
10
*
7'%
13
63
P100
Jun
850
8
Feb
15
1
7%
7%
10O
7
Oct
liy8 May
100
51%
51%
100
34
May
1
31
31
150
22%
Feb
3iy2
'
Railway Equip & Realty pfd
common.
11%
55
Oct
35
Jun
Jun
Oct
Apr
40 V4
Jan
21%
2,091
19
Nov
24
a 42%
21%
200
a42% a43%
9%
9%
540
8%
250
a57% a57%
8
50
8
5
20
Nov
9Va
7%
49
27% May
3%
Oct
Jan
10 y8
Jun
Feb
63%
Jun
1
9%
9%
520
320
320
320
5
5
Preferred
Rheem
—.—25
—
Manufacturing Co
Richfield
—
Oil
a32 a32y2
a32
19
19
1
a
50
"
(Un)
Inc_I
S & W Fine Foods
Safeway Stores Inc__
San
Mauricio
Mining
Santa
Portland
Cruz
26%
26Va
29%
2,160
26%
Nov
95
94 %
95
42
91 y2
Feb
9'/a
320
13
Jan
Shell
Nov
365
Jan
34%
Jun
9
9
9
.200
9%
9%
10Va
2,090
14
14
152
58V2
58J/a
16
58 V2
Jan
60%
Oct
4.32%
6*/4
6'/4
300
6'/4
Oct
8%
Jan
Conv
—
7%
4%
12
Feb
13
Feb
(Un)
Oil
Soundview Pulp Co
1
com—5
Oil
Socony-Vacuum
12% July
Mar
19
July
Sep
1,337
1,215
28
,410
13%
May
48%- Jun
13%
13%
Southern Calif Edison Co com
*
•
—15
5
(Un)—*
»
__
27%
•
15
(Un)
—
10
28>/2
798
a47l/8 a49%
60
27V4
42'%
42V2
25 % Mar
31%
Apr
34%
Feb
50
Oct
Mar
44
20
1
5%
39
Sep
Sperry Corp
Spiegel Inc common
Spring Valley Co
1.05
Apr
3fa
Jan
Standard
Brands
Inc
14 y4
Jun
21 %
Jan
Standard
Oil
Co
Standard
Oil
Co
6%
2,114
5% Mar
11%
Jun
a35
242
34'/2 Mar
46%
Jun
6%
300
27 V2
27'%
30
26% Aug
7% May
27 % Apr
33 y2
42%
1.325
31% Mar
42%
5
Feb
Oct
•
a39
a39 a40%
142
35
Feb
40 y4
Jun
10
60%
60%
65%
1,973
51
Mar
•
141/3
141/3
i53/4
855
171/4
171/4
160
17y4
»
26%
26%
28
350
24 "
Feb
•
—
141/2
131%
14 y2
4,768
13%
Nov
20%
62
*
common
(Un)__
65 %
Nov
Nov
23
Jan
Nov
22
Jun
38
July
Jun
62
10
62
Oct
72%
Jan
a6l%
a60% a61J/8
75
53
Apr
55
Apr
•
a46%
a46y8 a49y8
270
48%
Oct
5%
Jan
(Un)„1
pfd
14%
*
(Un)_—
common
,
3»/2
__
(Un)_»
__
3V2
a44% a48y2
230
250
3
11
11
11%
1,454
•
;
17
16
17%
615
•
(Un)
39% Mar
3*/a
40
10%
Sep
Mar
Feb
15% Aug
48
May
Swift
Jan
<Sc
(Un)
(Un)
l
5%
•
Co
——
*
(Un)
Co
Company (Un)
Water Ass'd Oil com—
15%
Tide
Corp
Transamerica
Transcontinental
Union
Carbide
Union
Oil
&
West Air
Corp
(Un)—1
20
a33%
_33y3c
-
8%
«.
of Canada
(Un)
page
(Un)_*
*
Carbon
&
of Calif
Co
(Un)
com
Sugar J
Aircraft
United
Air
United
U S
(Un)
42.
12%
5
300
5>/a
Oct
981
52 y2
Feb
23
8%
"
9
11
11
125
800
16
Sep
12% Sep
1.75
Oct
31% May
8%
Oct
115
25
Mar
325
11
Nov
78
West
(Un)
(Un)
Indies
Inc
Jun
Western
19
Mar
Western
Jun
Western
35
Jun
Westlnghouse
17%
Jun
Willys-Overland Motors
2.85
32
16%
July
Jun
Woolworth
(F
W>
865
27% Aug
29 y4
July
32
31
32
Nov
34
52%
56%
1,492
44
Feb
62% July
22
Feb
30%
28 'A
270
9%
10 V*
200
a45c
50
a22 y2 a 23%
262
65%
70 y4
2,288
78%
78%
66%
621
(Un)
Corp
<Un)
(Un)
(Un)—
Yellow Cab Co common
9%
45c
9%
Jan
Jun
Jun
90% Jun
69%
Feb
16%
Feb
15
Sep
28% May
16% Jun
Sep
36 y4
Jan
52% Feb
66 Va
Jun
19%
Feb
32%
Jun
Feb
13%
Jan
Oct
21V4 Mar
1,195
15%
36
60
31 y4
a55% a60%
558
a39%
a43
310
38
Sep
32%
1,581
21%
Feb
38% July
89 y4
Nov
96 V4
Apr
89'A
89 Va
10
14
14
500
14
Nov
20
a26% a26%
14
50
23%
Feb
30% May
10%
Oct
19
85
1,406
10
10%
500
9%
25%
30
9%
10
1,257
279
279
10
25%
1
80c
80c
87c
3,275
6 Ve
6%
7y8
2,600
a22% a22%
50
2% Mar
7%
9%
275
31c
4%
87%
Oct
Feb
11%
Jun
32%
Jan
19%
Nov
14
Apr
301
Mar
1.80
May
Jan
Jun
Feb
10
Jun
Feb
24% May
7
150
7
Sep
10% May
17
17
233
16
Mar
22 y4 May
19%
20
Oct
24% May
25 y8
28 V*
1,867
8'/a
17
al8%
25%
1
a44%
•
3% May
Jun
68% Mar
24
Jan
Apr
7
1
;
42% July
30%
30%
77
-10
1
1.10
73
26%
10
12%
13% May
54% Jan
a31 a31V2
a3
Jan"
Jun
*29
15%
24%
Feb
May
Jan
Sep
22%
23%
77
Department Stores
—50c
Union
Telegraph
(Un)__—*
Elec
Jan
28%
28%
1
Sugar
Lines
22%
Air
28%
28 %
1
20
Westates Petroleum com
Preferred
Nov
1
5% Aug
10% May
May
24
24% May
32
52%
225
238
1,250
3,400
Jun
24
3%
4%
30%
27%
2%
5
70
May
25% Mar
28 %
28 y4
100
5%
34
540
U T
15%
Feb
12%
(Un)
1.60 Jan
28
170
11%
Pictures
&
2,880
1
•
(Un)
common
Equipment Co
Fargo
30
30%
10
Inc—
Corp of Del
Steel Corp
Victor
Corp
Lines
Jun
24
"
Preferred
United
Jun
23
27%
*
Union
32 y4
Feb
10 Va
•
Oct
Feb
13%
25
Jun
May
15
'
a
220
May
14%
*
100
Bank
a33% a33%
28
a29%
2lc
1,935
20
1,195
Warner Bros
a31 a32%
II
28%"
a 29%
21
2,108
25%
17%
18
Feb
12,699
Wells
315
23.
23 Vn
30 y8 Ma r
12
Jan
1.85
Jun
Jan
122
25%
Apr
1.80
46%
80
13%
36
50
Oct
228
170
165
169
11
22
12%
42
13%
Feb
a
Feb
11
Oct
12%
32%
13%
16%
a
6.66%
590
24%
17%
a
a43
2
5
110
68
a39%
a33% a41%
a41
10
1,835
15%
35
a55%
18
a
Feb
25
18%
5%
68
a
27%
23%
4
~4
100
25
18
1
35
9c
1
10
25
(Un)
Co
McKee
Texas
13% May
19
of N J
Studebaker Corp
Sunset
•
17%
17%
*
17 Va Aug
35
•
6%
v
13y8
360
2
(Un)
of Calif
18% May
780
21,600
a45c
Oct
Jun
Oct
May
18
1
15%
42%
5%
33%
•
Nov
a33%
•
Pacific Co
Oct
26 V4
34 y2
10c
preferred
preferred
4.56%
Nov
9c
4.48%
Mar
2Va
„
Southern
25
—25
conv
preference ——,
25
Calif Gas Co pfd ser A
25
15% Jan
15% Feb
27
17%
9c
(Un)„50
Signal Oil & Gas Co class A
Sinclair Oil Corp (Un>
103% July
32%
26 Ve
27
•
15
Sep
Union
29%
23%
27
6
P 10
;
Cement
29 y4
25%
10
—
Bros
•
1
Corp
Riverside Cement Co class A
Roos
•
B
common—
see
90
104
Jan
101% May
36%
Apr
Inc_
footnotes
136% 137%
Jan
55% July
Mar
47
'29%
27% Sep
H
10
16% Mar
Co__
Nickel
10
220
■'
'
35%
49%
(Un)i
International Tel & Tel
990
60
Nov
a35%
Nov
(Un)
Co
52%
103% 103%
55
27'
26% Nov
10
Sep
Independent Exploration
International
51
51
200
940
26%
Jun
45
Inc
Idaho
26%
33%
10
Mines
27-27
__
32
34%
69
Corp
Maryland
Apr
July
29 Ve Mar
32%
100
Idaho
442
Jun
Pineapple Co Ltd
Foods
30%
Feb
25
Corp
Oil
30
Nov
Mar
.
Motor Car
35%
Feb
21
Holly Oil Co (Un)
Honolulu
Mar
22
449
Development
Hudson
33
22%
24%
Radio
Holly
1,130
200
23%
J
Battery Co class A
Jan
33%
33%
Waialua Agricultural Co
Hawaiian
36%
1,362
(Un)__•
Y
(Un>
Hobbs
30% Mar
33
_100
non-cum
Jun
7,375
23%
May
July
preferred
Ry
6J/2May
33%
22
48
common
Stores
10% Jan
Feb
Sep
29%
20
25
North
21%
4>/4
4y4
•
38
preferred
Bros
15 y4 Mar
1
Feb
Preferred
Greyhound
55
Republic Steel Corp (Unj
Reynolds Tobacco "B" <Un)„u
Jan
Sep
Machinery Corp
Hale
9,224
Republic Petroleum Co
85
Great
120
5%
16
2%
new
Graham-Paige Motors
4%
Nov
14% July
38% Mar
;
Rubber
15
Feb
17
&
41% Jun
Feb
24%
—25
Oct
Feb
10 y2
33%
.
—1
(Un):.„„
2.70
Nov
27 Va
Feb
15V2
Gooayear-Tire
2.50
160
Aug
25%
—
Co
2,350
1,260
15
15
__
F)
2.65
10%
3,900
(B
Apr
25 y2
1.65
4%
68c
10
1.55
Goodrich
Nov
50
1.55
&
35c
620
1
McBean
700
16
Apr
330
Corp Ltd
Cum
Jun
36c
12%
14%
Glading
July
27
a 22%
30
Golden State Co Ltd
Aug
69
Feb
16
1.324
Corp
85
Feb
17 >/4
11 y*
1,436
Food
Mar
32 y4
110
a22%
15%
General
40
376
II
•
General Motors Corp
General Paint Corp
76
61
23%
U
<Un)_
(Un)
Corp
Rayonier Inc
43%
General Electric Co
Aug
32'/a
•
America (Un)
Orpheum (Un)—
13% Mar
39 y2
&
67
Jun
88
18%
23%
of
287
14%
Tele
Mar
4%
32Vb
(Un)_^
Co
Radio
Radio
225
795
common
Kleiser
9%
73
4%
•
<Un)
Mines
(Un)
25
38%
&
50
al8% al8%
4%
,.T
Philippine Long Dist Tel Co
Phillips Petroleum Co cap
Plg'n Whistle conv prior pfd
Puget Sound Pulp & Timber
a21
i0
Farnsworth
18y2May
15
230
13
•
(Un)
Co
alS'/s
39
Foster
17
Feb
120
*
Jun
Jun
Nov
Mar
Cons
Pennsylvania RR Co
Jan
•
Food
Feb
14
87
a31'/4 a36%
14
17
com
40 y2
2,700
common
Plantation Co
16%
2.00
'
2.50
2.50
137
Pan American Airways (Un)
Paraffine Companies common
j*
Ewa
18 y4 July
13% Mfiy
Feb
35c
al8%
_
_
6
46
(Un)—
Works
Jan
100
__
12
Eureka
Oil
Feb
8y4
1.55
<>
preferred
51
Emporium Capwell Co
Dorado
12%
300
18%
a31%
common
Apr
375
El
100
1,160
9»/a
20% July
29% Jun
1
Co of N
1.65
15%
76
100
NOV
27
Mfg Co
Chemical
11% Jan
58%
1
Bouthern
Dow
6% May
Sep
13%
55
__
Feb
3%
(Un)
Doininguez Oil Fields Co
Sep
10
14
—r,
6
3
Corp (Un)
Fruit Corp class
preferred
cum
6
620
84
(Un) -10
9>/4
45
Curtiss-Wright
Doernbecher
96
10 Va
16%
__
com
47
26 y4
preferred
Curtis Publishing Co
a6V8
9%
.
13%
_•
common
Cement
(Un)
Public
Pacific
3
Bank
Corp
V4 May
18%
%
1.65
'
14
9%
25
40
*
Zellerbach
Giorgi
1st
26 '/4
Inc
Amer
Nat'l
22
10
Sears, Roebuck & Co
First
Nov
25
_
Portland
Preferred
Jun
•
(Un)
Co
18 Vb
•
preferred
8'/4
A—*
Consolidated Natural Gas Co (Un)__15
Consolidated
Vultee
Aircraft—
_1
Oil
Feb
(Un)
Consolidated Edison Co of N
Continental
1,295
18%
10 VA
a6
—25
25
1st
Pacific
25
Continental Motors
18%
—5
.
L
Lighting
Nov
class
Ind
13% July
*
common
redeemable
24%
7
i
B
1st preferred
5%
Feb
_♦
& Southern
Feb
__
1st preferred
Feb
—»
(Un)
Chemical
8%
1
;
(Un)
preferred
a21% a21%
2'/2
(Un)_T
Commonwealth Edison
Consolidated
850
Feb
11%
Columbia Broadcast System cl A
Columbia Gas & Elec com
(Un)
River Packers
11%. 11%
20
Corp
Electric
&
1st
64%
May
class
Aggregates
Finance
25
20
Jun
Jun
11%
18%
Onomea Sugar Co (Un)
Pacifc
43 Va
57%
al8'/8
Jun
21%
14%
15 y8 Mar
•
52
3%
20
730
^-10
;
28
II
10
Colorado Fuel & Iron common
Columbia
__
7% Jan
65
185
—_100
——;
Filters
21
2.50
(Un)
Clorox Chemical Co
—
40
8%
100
May
Jan
48 V» Mar
17%
1
(Un)
615
*'
voting trust ctfs—
Chrysler Corp
Jun
51c
Nov
6%
Jan
39c
al6% al8%
-100
a._100
(Un)_
Co
Co
United
53
37lU
Mar
22c
Jan
3Va Mar
•
Cons
Ry
Petroleum
Oil
Oil
Oliver
Sep
Jan
Pacific
Occidental
Aug
Pac—
Preferred
.
Oil
American
Northern
16'% Mar
1.35
25
17
Jan
18c
108
809
1.15
May
/
com—100
200
680
4,900
57
31
1
;
6
400
24c
7%
17
<Un)__10
common
Investment
37
1
(Un)
Paul
Co
—,
51
55
22c
7%
55%
■
■
1
Apr
31%
24c
7%
•
3%
54%
3,400
(Un)
200
31%
34 %
1
12
*
Co
Mar
*
preferred
5%% preferred.
36%
13%
a38'/8
31
24c
(Un)
5%
»
20
23c
•
(Un)
53
25
Corp of America
Eureka
36 y4
17%
23c
Corp
51
51
—25
(Un)
Co
Prod
6
•
*
(Un)„_
common
Tractor
215
19% Jun
Oct
Mar
5
12
__50
,
7%
Nov
13
1,425
(Un)_10
-
Aviation
6%
12%
a2.35
10c
5%
iUn)„■*
com.
._
53,4
*
*
Preferred
I)
A
Trading pfd
Pacilic Ry
7 Va
RR
American
Apr
43 y2
♦
__
Central
Oceanic
12% Mar
14 y4
Y
North
24
970
May
4%
Sep
16
."_5
Co
Pacific
Canadian
$3
24
119%
10 y4
l
Co
Tile
California
Di
Feb
50
1
Art
California
$4.20
May
Feb
20
75
a
N
660
245
a32% a32%
10
May
27
a2.00
(Un)
(Un)
Service
American
400
300
(Un)_—2'/2
;
Cement
California
Crown
13%
Distillers
Linen
American
5
(Un)
Sullivan
20
-16% July
13%
a2.00
Natomas Company —
New Park Mining Co
North
15
Oct
Lode
Fibres
North
Jan
15
Corp
&
"
Feb
12%
1
Cement pfd
9%
26
18
(Un)
Corp
Aug
6
a
al3%
Sugar
California
Crocker
13%
National Auto
Pacific
Calamba
Cities
1,720
57 y4
32y4
89'/4
722
7%
2
Borg-Warner
Central
20
•
Byron Jackson Co
(J
129
a31% a32 Vb
(Un)
Hill
10/ %
al3V4
Holdings Corp (Un)
Boeing Airplane Co cap (Un)
Co
a
8 y4
(Un)_
Morrison-Kndusen Co
40 % May
28% May
250
a31%
Blair
Jun
Feb
33V3c
Bishop Oil Co
Jun
Ma$
Mar
6%
5
(Un)
67
70
31
Inc
Cons
M
Mother
National
155
37
5
Appliances
Feb
Nov
13%
—
1
Nash-Kelvinator
National
5
12%
„ioo
(Un)
226
8%
15
Jan
12%
——
*
Co
Montgomery Ward & Co
Jun
al2% al2%
a
a
1
280
525
26
<um
Mar
16% May
Feb
646
6
&
5
^1
Co
Monolith Portland
May
Jan
50 y4
507
a21% a2iya
__20c
Corp
51%
1,570
8%
& M
4
148% Mar
29
6%
100
■
43%
103%
a
g
13
(Un)
California N A_„
Bendix
Case
a21%
3
RR
Aviation
Bunker
al03%
178
J
10
11%
12% Mar
38%
a
28 Va
8%
2.50
Oil
Bendix
Borden
28l/8
luu
Engine
Locomotive
of
Basin
a33%
70
43 y4
a34%
2(i
5
Bandini Petroleum
Bank
43 V4
_50
(Un)
Baltimore & Ohio
70
5
Corp ..(Un)
Imperial Diesel
406
1,750
14
Bank
(111)
(Un)
& Santa Fe
59
152% 153 %
10U
Copper Mining (Un)
Atchison
Atlas
<Un>
59
May
4% May
Feb
*
(Un)
26 y4
Sep
500
Viscose Corp (Un)
Woolen Co (Un)
Armour
Oct
225
2%
Tel & Tel Co
National
Feb
6y4
High
Sep
2%
10%
American
California
6%
21%
8%
American
Anglo
40
2ye
Smelting & Refining (Un)__»
Anaconda
Low
8>/a
American
American
Range Since January 1
«
(Un)
9
15 y8
al2% al4y8
al2%
Machine
Co
Robbins
&
Mfg
Mindanao
200
3%
6%
_!
*
M
High
a21% a23%
l
Foreign Power (Un)
Power
a21%
Shares
Calculating
McKesson
for Week
of Prices
Low
•
(Un)
9
15
—
—1
Navigation
Menasco
Sales
Range
Sale Price
Par
Reduction
Exchange
Week's
Last
Alleghany Corp
7
•
(Glen L)
Matsun
San Francisco Stock
Air
Libby
Co
Marchant
STOCKS—
&
(Un)
Teletype NY 1-579
LOS ANGELES
-
McNeill
Loew
Jan
36
"
LeTourneau
Range Since January 1
High
•
B
Leslie Salt Co
principal Security and Commodity Exchanges
Low
Shares
—_—1
Corp
County Land Company
Langendorf
New York Stock Exchange
Honolulu Stock Exchange
(Un)„
Corp
Kaiser-Frazer
Sales
for Week
of Prices
Par
Johns-Manville
Dean Witter
Week's
Range
■
Sale Price
a
18%
25 y8
Nov
33 y8
Jun
8%
200
Feb
11% May
a44 a45%
327
45
Sep
49
Jun
8
225
7
Oct
11
Jan
8
8y0
-
38
(1934)
THE
COMMERCIAL
CANADIAN
RANGE
Montreal Stock
Canadian
Aluminium
of Price*
Low
Range Since January 1
High
Low
High
16%
16%
17%
3,761
12% Mar
19%
20
5,045
17% Mar
21% May
•
23%
23%
23%
885
100
100
56
Co of Can 4% pfd
...25
Anglo Canadian Tel Co 4%% pfd— —50
Argus Corp Ltd common
_•
•
Asbestos Corp
59
61%
Oct
24%
Oct
101% July
33% Mar
4,852
25%
26% '
26%
28
30c
43
1,442
30c
400
25%
56%
Feb
Oct
65%
National
Corp
Niagara Wire Weaving
Noranda Mines Ltd
•
Ogllvie Flour Mills
•
•
Feb
25%
44
Sep
49
46
26
6%
260
Brazilian
Trac
*
Light
Amer Bank
British
American
ti
5% Mar
Oil
Brit Columbia
British
British
Columbia
Class
5%
Power
Penmans Ltd
0%
29% May
Nov
30c
Nov
Dredging
Dry Dock Co Ltd
$1.30
7
July
Feb
22% May
16
Oct
19
Jan
20%
Feb
25
May
1,010
87%
87%
176
3%
3%
3%
4,600
25%
26
306
•
A—*
3%
3%
17%
Jan
27% May
Nov
96%
2% Mar
24%
515
2% Mar
16%
6
6%
34
145
28%
18%
18%
255
7%
5
23%
23
960
24
5
2,320
27%
27
27%
665
-10
20%
19%
21
Corp—
9%
9%
9%
14%
14
14%
27
Sep
6%
-
Feb
36
Oct
July
18%
Oct
8% May
Sep
i4% Mar
2,515
*
Sep
7%
Sep
20
15% May
7%
A-
common-
3%
Nov
34
Jan
4% May
27% Sep
Feb
6
•
Power
24
34
—
Jan
11
87%
275
16%
16%
class
24
Jan
Nov
30
Aug
21
14% Aug
Nov
common
•
„
355
9
Mar
11
11
Mar
15
Oct
v
50
37%
37%
Canadian Breweries
37%
165
35% Mar
42
Jun
•
21%
21%
21%
1,869
17% Mar
*
23%
Jan
47%
47%
47%
212
34
Feb
18
18
25
18
Nov
21
13%
May
13%
14%
895
9% Mar
15
Jun
16
16%
16%
415
18%
Jun
common
Canadian Canners Ltd
common-.
Canadian Car &'Foundry
Class
_*
•
common
A
20
Canadian Celanese common
$1.75
series
•
series
$1.00
93
—25
.
Canadian Cottons 6%
90%
preferred..
95
3,091
39
25
26
39
50
22%
mm
25
.
960
18
22
22
IOO
53%
57%
6,084
24%
24%
595
22%
170
170
10
162%
__
—
Investment
22%'
300
15
48
Mar
Sep
Feb
95
Nov
35% Mar
40
Aug
21
23
Aug
58
Mar
26
26
100
32
33
150
13
13%
14
2,605
10
Mar
13%
13'A
14
635
10
Mar
•
Canadian Ind Alcohol class A—
Class B
Canadian Locomotive
Canadian Oil Companies
4%
preferred
•
•
*
Mining
&
30%
14%'
100
33
6,415
.14
14%
485
97
•
'
97
10
25
16%
16%
17%
20
10%
10 Vs
10%
13%
13%
14
1,813
122% 131 Va
7,842
•
Smelting
..5
127
Consumers Glass
33
—
25
Jan
30
26% Mar
Jun
Seagrams
Dominion Bridge
_♦
Jan
Nov
-
15,923
225
33
55
12% Mar
10%
10
Red preferred
Hamilton
Rolland
4%
Indust
4
5%
18%
Sep
Jan
44 'A
Aug
*
20
20
20%
485
15%
Feb
103
103
5
100%
Sep
38%
39%
370
61
61
30
„
•
.
39
*
,7%
Lewis
Bros
MacMillan
Class
140
147
40
135
45
47%
2,640
37
Feb
47%
16
16
17%
1,495
11
Feb
17%
Oct
60
59
62
1,925
68
Jan
100
37
230
93 V2 Mar
12%
13 %
780
10%
17%
280
15% Mar
18
10
10
175
10
Oct
14% May
30
101
Jan
102% May
♦
100
101% 101%
1
100
Feb
July
15%
Oct
July
9%
9%
40
9
Oct
11
49
Sep
24'A
24%
24%
290
24
Sep
27
1
:
15
Aug
14%
15
1,818
12
Aug
15%
Sep
31% July
*
27%
27%
27%
25
100
147
147
147
44
—99
84
84
85%
1
»/ 44'A
44%
45
1,265
*
21
24
24%
2,920
20 % Mar
24%
50
46
46
46 %
480
44 'A Mar
49
*
24
24
24
153
153
com
preferred
Water
&
Power
com
4 % preferred
Williams of Canada
I'M
preferred
Sicks
Breweries
...
com
—100
.
common
•
Press
27%
Oct
147
Nov
80
Aug
40 %
Aug
155
Apr
Power
85%
Nov
48
Sep
Oct
July
75
-
22
Mar
27
Apr
30
::
144
Feb
155
Jun
Mar
16%
16%
305
12
16
■,
16
18%
16
405
11% Mar
16
May
18%
25
17%
Feb
21
May*
16%
Feb
20
Jun
*
Canada
354
16%
•
Co
•
16%
Jun
18
18
125
Standard Chemical common..
•
7
7
7%
1,575
Steel
•
82
81
82
680
67
Feb
25
82%
81%
83
860
'72
Mar
83
25
160
Mar
165
Jan
Oct
9
May
Co
7%
of
Canada common
Dreferred
1
.
Tuckett Tobacco
Twin City
United Steel
Wabasso
7 %
preferred.....100
...
•
Winnipeg
Zellers
Electric
Limited
5 '/o
common.:.:
common
7%
7%'
IT.
880
28%
30 'A
4,260
25
25
*
25
19
preferred
'
5%
550
16%
29"%
_*
:
1
5
17
■
•
—
5%
5% Mar
31%
19
31%
25
82
Nov
Sep
Mar
24
8% May
Nov
18%
Mar
17% Aug
Feb
Sep
31 % May
22% Mar
28
May
21
Jan
'
2,859
-20'A
25
34'A
Apr
45
25
25%
Oct
27% July
40
25%'
25%
'
5
16%
.
95
32 Va-
40
.
8% May
■
73/3
»
*
...
Walker Gooderham & Worts..——*
Weston (George)
common
*
Wilsils Ltd
165
5%-i
Corp
Cotton
*
165
—
32 Va
Nov
May
Banks—
—10
,
„
20
20
20%
700
20
Jun
21%
Jan
..10
.
Commerce
Dominion
23%
22%
23%
2,231
21
Aug
23 %
Nov
26%
26%
55
27%
2,215
i
Montreal
10
._
10
.
26'A
26%
10
,
35%
10
25%
36.
24%
24'A
25%
27
Feb/
25
135
Sep
Feb
28
Jan
33% Aug
23% Mar
Feb
25%
Jan
50
2,480
37%
50
Jan
1;*
BONDS—
Montreal Light Heat & Power—
3% notes
—z-.'—1949
————
Mar
«-«#
24
24%
135
24
24
131
22% Mar
24
24
100
23
j
50
—
50
.$20,000
-
Jan
21%
21%
100
20
Canadian
Feb
11%
11%
11%
5,161
11
Feb
99%
15%
40
98
25
135
16%
17
525
16% Mar
14% Mar
Anglo-Nfld
16
815
15% Mar
24%
105
19
17%
17%
17%
205
104
Steels
Auto
Fabrics
104
10.4
39
110 »A 110 Va
20
18% May
24% Nov
Mar
16%
Oct
20
Sep
100
108
Jan
Jan
5%
Brand
170%
Apr
111
Sep
4
Jan
British
14
Feb
Jun
Class
15%
235
52%
320
50
Jan
16%
16%
615
13
Mar
8%
9
230
6%
Feb
33%
33
33%
2,035
23%
Feb
47
47%
120
56%
60
9,709
'
„
57%
cl
21
44
43%
17%
52%
17
'
Oct
May
9% May
35 Va Sep
Mar
49
July
Jan
60
Nov
&
Distillers
Columbia
Apr
23%
Jun
2,590
Mar
13%
Jun
pfd—*
10
10
50
9
Sep
10%
Apr
100
A
155
160
116
155
Apr
160
100
161
161
8
159
Oct
163
11%
A
22
11%
*
50
55c
3,850
Vancouver..5
Ltd
cl
A
14
14%
13
—*
Columbia
118
110
13
7%
7%
5
12
17%
Oct
35c
Aug
1.00
Jan
13%
11%
Sep
16%
Jan
Apr
14%
Jun
4V4 Mar
8%
75
118
119
35
74
Feb
155
30
154
Oct
1
4%
4%.
5Va
5,740
107'A
110
835
78% Mar
4%
4'A
100
3%
13
13
100
11%
Feb
188
Oct
1
—
Oct
Aug
134'A May
3% Mar
107%
...—.—*
1
Ltd
Butterfly Hosiery Co Ltd
Jan
Jan
.100
common
Preferred
! Jun,
Apr
16
155
—100
.—
Company
■
Pulp & Paper com—*
Preferred
Burnett
14%
*
7%
-
"
B
British
Brown
of
'
1,050
17%
40c
50c
11%
17%
20
Packers
High
15
10
■*
12:
com..
class
Low
150
13
j.—___
Hosiery
Range Since January 1
High
1
Oct
2
8%
*
Ltd
Shares
12 Va
common
Ltd
21
*
—
Millen
&
Brewers
50
Ltd
preferred
250
15
*
Co
Low
-5
.
—
Prod
preferred
Belgium Glove &
2%
52%
16%
Ltd———
Co
Ltd
I'M
2%
*
Devel
Atlas
Belding-Corticelli
15%
24%
—
May
19% May
18% May'
for Week
of Prices
Par
Jan
29
Sales
Range
Sale Price
STOCKS—
Week's
Last
July
105
Funds
Friday
13% May
Oct
16%
22 Va
May
100
16%
—
99%
25%
Montreal Gurb Market
27% May
27% May
Mar
21
19%
5
Corp
3
of
14
Mar
12
Jan
24% Mar
Canada
19%
Nov
14
Jan
7
7
100
6%
Jan
21%
22
835
20%
Oct
25
85 V4
85%
5
99%
99%
10
--
9
25
20%
9
85
Aug
92
Jan
99%
Oct
103
Co
Oct
6%
115
•
7%
Jan
Jun
Aug
14 % Maj
20%
535
25
8
Sep
13
__
Woods
38%
9,333
20
Sep
29% Mar
66%
6,477
46
Mar
13%
13%
14%
11,501
11
47%
Mar
47%
48
16%
130
39
13%
Mar
53
13%
2,300
12
14%
Nov
275
23
25
26%
25
26%
380
25
155
Oct
155
155
20
155
Oct
15
15
common,
•
;
ioo
3
A
14%
_
10% Mar
11% Mar
"8
90
70%
Jun
14
Jun
Jan
(Robert)
•
Mar
42.
Inter
23
1,070
14
200
12
Jun
14
Nov"
48
48
48
40
44
Apr
50
Jan
•
15%
Feb
23
Oct
*
22
21
18% Mar
25
Jan
17%
16%
17%
570
14
18
Jun
23%
23
23%
971
19% Mar
24%
Jan
—100
Inv
Marconi
Tr
173
175
65
162
Jan
*
4
4
450
2
Mar
2
1,325
com..
23
175
II*
1.25
•
*
25
&
Co
Paper
1
Inv
Ltd
2
-
com—*
2
2
1
*
12
12
25
Ltd
common
•
55
57 %
165
2
4
2,700
cumulative
Canadian
Vickers
3%
"
Canadian Westinghouse Co Ltd.——*
51
51
12
12%
1%
£—1
common
preferred
Feb
1.45
Feb
176
4%
3
Oct
Jun
J a it
Chateau-Gai Wines Ltd j.
Claude-Neon General Adv
Apr
Commercial Alcohols Ltd
July
14
Nov
130
25
10%
10%
100
25C
•
6%
25c
185
6%
7Va
1,350
'11% Mar
7% Mar
25c
Oct
3%
Apr
185
14
Oct
16
10
525
9
Feb
11
5
Mar
8
325
19%
21%
1,905
19%
23%
2,530
16
13%
13%
14
3,760
Nov
Mar
9% Mar
8%
preferred
9%
July
:—5
9 Va
9'A
„
Consolidated Div Standard Sec cl A—*
14%
50c
50c
,
Preferred
Sep
Consolidated
21%
Nov
Consolidated
23%
Nov
Consolidated
16% May
5%
——*
Lithograph Mfg Co
Paper Corp Ltd
Textile
Mills
com
preferred
16
*
20
19%
16
6%
35c
Apr
Mar
2
16
25%
Ltd.*
—•
125
204
Feb
25%
255
20
19%
20%
11,150
36
870
9
Feb
60
16
May
Jun
"
Jan
14% Mar
•
36
33
18%
18%
38%
38 %
18%
,,
4% May
51% Oct
108
235
*
Oct
Apr
Feb
108
*
60
3'A
May
11%
1
Jun
20% Mar
12
108
com
2% May
14
38
11%
common
Apr
Mar
300
•
—
1%
10
55
r
r—__100
,
common.-.
Jun
Jan
37A
Cassidy's Limited
25%
14
8
Pr
preferred—;
5%
32 %
160
17%
22%
13%
11%
50c
7%
9%
60c
Jan
Jan
Jan
Oct
1
Jan
Sen
Sep
July
17
Aug
28
Mar
21% May
38
Oct
18%
-
Oct
•
19%
20
39%
18
175
16
Feb
35
—.
Montreal Cottons preferred
Montreal Locomotive
National
Breweries
common
1% preferred
22%
14
*
•
preferred
Chatco Steel Prod Ltd
13% Mar
20
—I*
page
23'
22%
_*
•
Jan
Jun
10
II.I«
see
27
39%
*
common
22%
1
Canadian Western Lumber Co..
■
III*
class
,
*
B
;—*
Jun
14%
12
*
.
Ltd
Sugar..—!
Industries common
Canadian
36%
61 %
IIII5
—
1%
Canadian
36%
*
common
Canadian
Jan
61%
»
Ltd
Dominion
Flooring Co Ltd class B!
Canada Malting Co Ltd
Canadian Dredge & Dock Co Ltd
Canadian Gen Investments Ltd
May
15
Ltd—
...
&
Canada
Canadian
9%
20
Sep
_»
Canada
common—...,
Ser
Ltd
15
23
Nickel
Paper
Export
1,800
22
*
_
22,288
85%
*
common
19%
13%
25%
25% May
7% July
—£1
common.
19 Va
13%
25%
13%
100
footnotes
.54% Mar.
Apr
Nov
17%
Jan
23
common
Molson Breweries Ltd
For
28
24%
»
McOoll-Frontenac Oil
Mitchell
98%
/
Paper Co—
2nd
Southern
*97%
12%
•
Series A
Southam
98%
A
preferred
Sherwin
149'
140
46%
common
1st
Shawinigan
Jun
Nov
May
•
preferred
Lawrence
39%
67
*
2nd preferred
St Lawrence Flour Mills
I'M
preferred
St
Feb
Oct
*
Saguenay Power 4%% preferred
St Lawrence
Corp common
1st
29
60%
Jun
100
(John)
Mailman Corp
Massey-Harris
Apr
Jun
25
preferred
Secord
Sep
103
.100
...
Canada
19% May
26% Jan
100
International Utilities
Corp
Laura
Feb
38
•
—_
Petroleum
the
23
35
•
of Canada
Power
of
22
*
International
Labatt Ltd
700
Feb
,
International
Lake
Jun
27
Jan
common
....
Public
21%
26%
Feb
.
preferred
Jamaica
Feb
14
*
preferred
International
Feb
16
25%
preferred
International
27
1,010
32%
—100
International Bronze
6%
729
20%
30
pfd inc 1927—50
Alabastine
*
Acceptance
% %
30%
105
100
preferred
6% preferred
22% May
33% May
30
350
common
Imperial Oil Ltd
Imperial Tobacco
Sep
Mar
25
Royal
15,250
„_*
Howard Smith Paper common..!
$2.00 preferred
j.
Hudson Bay
Mining & Smelting
171
16
Co
of
Paper
Jan
15
preferred——20
Bridge
Jan
25
213
Provincial Transport
Quebec Power
38'/a
35
Famous Players Canada
Corp
Foundation Co of Canada
Goodyear Tire 4%
Gypsum Lime &
28% May
£
34
*
—
Nov
"
16% Mar
17%
;
—
57%
Oct
43
Nova Scotia
35
•
:
Jan
Mar
43
25%
18 %
100
Price Bros & Co Ltd common
4% preferred
!
Nov
37
26%
j
General Bakeres Ltd
General Steel Wares
14,075
16% Aug
Jun
May
Sep
18%
common
River
Corp
131%
Mar
17%
Corp
Power
Feb
91% Mar
32
20%
23%
Dominion Textile common
Donnacona Paper 4%%
pfd—
preferred
5%%
preferred
20%
21% May
10 % Nov
Nov
•
Dominion Tar & Chemical common
Voting trust certificates--
5%
Oct
15
97
Nov
25
.
A
34
Oct
20
.
Dominion Steel & Coal class B.
Gatineau
30
"25>
„•
*
Dominion Stores Ltd
Electrolux
14%
20% Mar
"
19 Ve
.
Dominion Glass common
7% preferred
Paper
Eddy Paper Co class
May
14% May
11% Mar
»
1if
__
Dominion Coal 6% preferred
Dominion Foundries & Steel
Dryden
36
97
"
Distillers
21%
42%
com
—
Tubes
Canadienne
Canadian Pacific Railway
Cardy Corp Ltd class A.
Cockshutt Plow i
Consolidated
32
•
common
.
13
26
*
—
Canadian Foreign
High
Sep
Mar
—*
—
preferred
Powell
Jan
2,480
Canadian
Bronze
:
.Voting trust certificates
Canada Steamship
5% preferred
24%
1
17
—20
Northern
Oct
100
87%
preferred
Canada Iron Foundries
44
Sep
300
4,893
Canada Cement common
Canada
43
4,603
27
:
Gold
Sep
7.45
24%
-
Burrard
22%
19%
23%
——
Building Products
17% Mar
16%
26%
cl
10%
.
4
Page-Hersey
19
27
Bruek Mills $1.20 partic class A
Class B ——,
Bulolo
7.30
pfd 100
Corp
56%
100
Heat <te Power
preierred
Jan
16%
—
23%
Products
B
4,155
"25
_.
cum red
Forest
43%
—
common
Elec4%
Columbia
43%
19%
«
—
22
•
Ottawa Electric Rwys
Feb
7%
24% Mar
30c
530
*
Note Co.
Preferred
217A
7.30
»
Power
21%
437/s
25
Bralorne Mines Ltd
British
23%
165
,
21%
.¬
—
23%
common
preferred
Ontario Steel Products
Power
_
Range Since January 1
Low
11%
Apr
24
45
—
common.
Shares
High
11%
•
Car
ttteei
7%
Jun
860
6%
rights..
new
Low
5
Ottawa Light,
25%
—
Sep
98
1,515
'
59%
16%
60
53
53
•
Ltd
Bell Telephone
for Week
of Priees
19% May
19%
A
Paper class A
Sales
Range
Sale Price
National Drug & Chemical pfd
•
•
Bathurst Power &
Week's
Last
Shares
100
Hardware
Friday
for Week
Aluminum
Ashdown
5
STOCKS—
20
5% preferred
Algoma Steel
MARKETS
ENDED NOVEMBER
Sales
Range
Sale Price
class
WEEK
Monday, November 8, 1948
Par
Week's
Par
Acadia-Atlantic Sugar
LISTED
FOR
CHRONICLE
Exchange
Last
Abltlbi Power tt Paper common
$1.50 preferred
FINANCIAL
Funds
Friday
STOCKS—
&
35%
235
21% May
34
Feb
39%
38
39%
1,085
May
38
Dominion
Feb
40
Feb
Engineering Works Ltd
*
4,085
14
Dominion
Oilcloth
Mar
•
19%
Oct
Dominion Square Corp
Dominion Woollens & Worsteds
Donnacona Paper Co Ltd
18%
19%
40
40
41%
43
43
43
-
1,735
10
37
Mar
41% Mar
45
Jan
45%
Apr
David & Frere Limitee class B
&
Linoleum—
*
9
9%
41
*
57
41
38%
90
"
6%
Feb
11
Jun
33%
Feb
43% May
345
33
Feb
39%
Jun
3 7'A
Feb
10
'
57
140
*
14%
14%
15
75
*
20'A
20%
20%
985
57
18%
Jun
19%
23% May
-
Nov
10% Mar
Oct
.
Volume
Number 4749
168
-
•
THE COMMEBCaAL &-. FINANCIAL CHRONICLE
•
^
CANADIAN
RANGE FOB
Friday
Week's
Last
STOCKS—
Fairchild
Products
Aircraft
—5
•-
Fleet
class
Low
Motor Co
Great Lakes
High
8'A
405
6% Mar
;
1.00
1.00
38
38
90
8
8
8
225
4
Jan
9
2%
6,250
2
Sep
3 %
26
26
27
80c
2 Y»
36% Mar
100
pfd—.
,
;
4,817
21
Jan
Jan
27.
4%
4%
100
3%
Apr
60
60'/a
STOCKS—
de
LaSalle
T-_*
Hydro-Electric Secur Corp
Interhational
Paints
62%
6,635
42%
Feb
62%
17%
200
16
Feb
Abitlbl Power & Paper common
$1.50 preferred
20 V* Jun
Teleg &
'."Rights" when,
V*
Massey-Harris
(
6
uan
Acadia-Atlantic
Nov'
Ltd
cl
A_#
.
Mica
of
&
1st
-
'
Ltd
61o
Ontario' Paper
Lt
Ltd
&
Pr
6%
Enterprises Ltd
Orange
Crush
r
Co
—5
com—"'
29%
75
16
i
-•
*
r.ft
r
'
11
109'A Mar
,
110:
110.
41c
14 % May
Oct
10%
13
v
10
75
52
A
39
Mar
50
Oct
60"
Corp
Arjon
-•-*
Aubelle
Mines Ltd
j——-—
Gold
Mines
Athona
Mines
45c
35
Feb
39
Mines
*Jun
.38
45
29
Mar
23 38
:
785
17
.Mar
24
22
•
425
16
Sep
22
Bouscadillac Gold
36%
,
1,200
36 '/a
Nov
12%,
12%
loo
12 y2
Jun
13 %
14
47
14
.
•
30% Sep
•
27 y2Mar
.
12
9
(
Oct
Apr
-.
5c
3
.
Mar
2c
2c
26c
61,000
12c
1,100
8c
6c
Jun
.
Consol
Central
Cortez
'
.
700
lc
Oct
26c
66c
1,500
148,900
12c
Mar
4c
4c
2,000
4c
Aug
r-
8c
1
8c
10c
2,500
8c
Cadillac
Mines
Ltd
9c
17,000
5c
Get
17c
-17c
v
17c
500
8c
-
v
Dickenson
'Dome
Red
Mines
Dulama
22c
Lake
Oct
3c
Aug
5c
Aug
6c
42c
56,500
18c
8%c
10,500
5'/2c July
16c
10c
12c
3%cJuly
10c
Duvay Gold Mines Ltd
East Sullivan Mines Ltd
-,
Gold
,——_
Ltd—
Mines
;
—
Ltd-.
Fontana Mines Ltd
16c
5%C
9,000
10c
Found
Lake
Gold
Goidvue
Mines
Hollfnger
Howey
Cons
Mines
Mar
5c
6,000
55c
55c
Mar
8c
22c
Mihes
11c
16c
97,500
3.10
3.10
3.40
20,285
91c
22c
91c
1.03
29,800
1
—
Mines
Aug
15 Va
72c
:
Oct
7o
4'/2c
16c
22,500
12c
1,000
2c
class
A
Lake
Shore Mines
7c
9,410
185,500
66,999
8'/2c
13
8.870
8.50
10%
'
<
-
26c
4c
51c
-
4c
58c
13
—— ___
Louvicourt Goldfields Ltd_
Macassa
Mines
Macdonald
Malartic
Ltd
20c
Mines
Gold
1
it
Mining jCorp of Canada. Ltd——^
Nechi Cons Dredging Ltd
%
—1
IVew Calumet Mines Ltd-
Normetal Mining Corp Ltd—'—-J
O'Brien Gold Mines Ltd
Pandora
Pitt
Cadalllc
Gold
Gold
Mining Co
*
of
Crest Gold
13
.
&
26c
class
11'A
500
6 V2c
50c
55c
2.00
3c
80c
90c
8,300
1.76
1.76
200
—
11%
11%
11%
.
.
13c
••
Jun
42c
'
40c
1.65
350
-
Hats
1.90
6.25 Mar
82c
82c
7,500
80c
May
2.18
1,700
88c
11%
•
Mar
Mines
2.99
Pershing
3.15
13,400
1.55 Mar
7c
66c
66c
69c
24,300
S7c
Mar
9C
8%C
10C
30,500
6c
Oct
7c
7c
6,000
6c
Apr
3c
2,200
2c
Sep
6c
41,300
8c
Jun
17c
14c
-
15c
3,910
52c
58C
3,700
5c
5c
1,000
6 %c
,6 % c
1,000
5c
1.52
7,200
99C
Electric
Forest
Columbia
Packers
Columbia
Power A
Ltd-,
5c
Ltd—
1.43
112,600
400
2.16
827,350
3c
3c
2,500
9.20
400
1.40
Ltd
7c
30c
6,500;
8.90
1.85
—.
Mines Ltd—
Corp
Oil
Homestead
&
Gas
Co
*
Oil-
New
1
Oil Co Ltd
Pacalta
Okalta
Oils
Omnitrans
Oils
•
__
Co
__
3.10
15,200
30c
31c
20,700
6.00
6.35
2,025
14c 14'Ac
21,700
14c
-
1.55
11%
*
Exploration
Ltd
see
*
_
*
page
32
Sep
38%
298,560
15
75
41%
17
25
38%
33,550
7%c
Apr
Oct
42%
Sep
44
Oct
17
Oct
19%
Nov
Oct
42
.
25c
Jan
43%
19'A
8,284
50
4%
100
4'A Mar
27c
24c
27c
8,200
18'Ac Oct
60o
Feb
14c
13cl5%c
14,100
Aug
28c
Jan
9'A
—
15c
5% Aug
14c
16c
16<y
,
18c
11
Apr
17c
Jan
Oct
29c
Feb
16c —Sep
5,000
9'/a
—
Mar
.,57c
9% Aug
18,700
12c
13c
45
10'Ac
—,
10c
12c?
9,300
4'AC
5%c
87,700
7.10
7.10
7.40
1,915
6.50 July
40c
40c
65c
1,950
20c
19%
6c
1,000
24%
26%
3,785
18%
—
—
1.00
22% May
Feb
4c
Aug
Feb
25
240
23%
Jan
27% May
86%
105
7,045
A
*
26
i
—
-•
29c
.'
A
•
!
•
4% May
13
13
50
11%
Apr
14%
26'A
185
24%
Jan
27% Sep
Apr
3% Sep
3'A
3'A
105
181,940
22c 31'Ac
32c
32c
17
—
17
2
16c
Feb
25c
35o
17
Nov
6
300
22c
7,900
—
1.68,
1.68
1.87
3,300
20c
8%c
,22c
117,300
1
•
-
7'Ac
8'Ac
34
34
13%
13'A
22c
Nov
6%c Aug
25o
Jan
28 %
Feb
35% July
Feb
15
13%
" 350
11
29
29
110
21
Apr
Jan
31% July
•
17'A
17%
17%
15
13%
Feb
21
Sep
•
7'A
7'/a
7'A
7% Aug
9
Jun
8c
9c
14'/2
Aug
15c
Feb
15
Feb
July
•
—*
—
A
—
1
9c
•
—
Edmonton
Oils
—
Lake——*
1
350
12
100
5.80
6.40
8%c
28,500
50c
54c
13,800
2.65
3.65
20,295
7%C
51c
2.50
•*
1,100
1
'
-
7C
1,500
8C
*
—
-
14%
T
5.80
•
—
Flon—
Red
Aug
6c
125
__
Jan
2.40 Jan
99o
July
1.25 July
5,000
34
-
15c
Jan
20'A Sep
6% Sep
Oct
6
.
May
37o
July
130
6
21c
•
—
Sep
^
1,000
>
17c
—
1
1
—
Jan
99
Oct
Mar
3
Jun
26
*'
,
•
Oct
8c
20
88
class
Feb
Feb
11
Sep
17
2,348
6c
24'A
26%
lS'A
24'A
Jun
Jan
6c
Sep
3c
4%Q
3'A
Lake
Flin
Aug
Nov
4%
1
class
Red
&
Jan
66 %C Nov
Mar
9c
<
15
3'A
Canada Bread
4%%
6c
,
.<
7.60May
Feb
18c
Mar
2.15
2%
•
Apr
Nov
Jun
65c
Feb
34c
Jan
3.00 Mar
'
Jan
Canada
Feb
Canada
Jan
Canada Iron
Canada
l4%cMay
•
Oct
-1.01 Mar
-
Mar
5c
Nov
34c
■
Jan
2.08
Permanent
Steamship Lines
42.
3.75
11c
Jan
Canada
.
Canada
Class
Varnish
Wire
300
3.25
Jan
1.25
Jan
10%
12%
18,895
11'Ac 13 %c
8c
A
of
—
183'A
13%
310
16%
17
115
188
20
-•
July
29
43%
Feb
Apr
-7
-
Oct
Nov
53% Jan
9
-
Sep
11% Jan
-33
Sep
38
Apr
18
Jan
15% Mar
180
Sep
37'A
201% Jan
14% Oct
11
Sep
283
35
Feb
42
50
14'A'
38
21
Oct
23% July
—
Jan
22
22
78'A
__
„
•
78lA
10
70
27
27%
80
21 % Mar
Jun
July
85
Jun
31
Jun
23%
Nov
1,335
21
3,007
17% Mar
24
Jan
18'A
1,606
16% Mar
22
May
25
18
50
165
174
23
Apr
28
Jun
17
Mar
21% Jun
10
Mar
14% Jun
10.
23'A
22'A
23 %
•
Commerce—
3 JO May
-34c
May
,
-
4.00
2.25
Jun
Canners
common
preferred
—
-
Conv preferred
Canadian
Car
—
21V*
21
21%
'
Celanese
Nov
20
•
18
25
-
24 V2
17%
13'A
17%
13'A
14
New
-
preferred
16
16%
605
15 %
Apr
18% Jun
93
90
95
56%
Feb
95
-25
—
34%
Feb
25
Feb
12%
NOV
Canadian Dredge
8c
July
32 %c
Apr
Canadian Food Products common
75c
Mar
1.82 May
7c
8c
37,000
5c
July
16c
Feb
Canadian
24%
25
27
Oct
Class B
•
A
Alco
class
•
*
-
Indus
16'A
•
common
Preferred
May
Class
18'A
20
Class A
Canadian
•
•
common
1,100
Feb
13TA
*
44,500
16
185'A
•
25
—
class
1.50
24%
5.20
16'/?
185
33'A
99% Jan
24% Nov
Apr
5
215
325
9%
33
50
Breweries
7.50 May
2,100
Cable
Bank
32c
4.00
preferred
&
Canadian
Feb
1.70
common
-
-1
B
Canadian
Jun
4.00
47%
4% May
,
13 % May
35
270
-
Nov
14% Mar
9.65 Oct
Jan
1.55
47'A
9'A
;_100
Mortgage
-
Nov
3c
1.60 Mar
19c
7
•
2.16 Nov
Feb
20
•
A
B
Preferred
Jan
10c
Oct
class
Packers
25
28
6'A
—
*
-—
75
28
•
—
85
22%
30
2,145
20
*
Power
300
85
24%
—
—110
Machinery
Northern
23%
0
3'A
85
Jan
lie
-
A
Canada
Apr
Apr
67c
class
—
•
common—
Foundry
Canada
Nov
50c
Sep
2c
4.75
Class
3.25
Apr
50c
Canada
Jan
1.64
1.45 Mar
35c
-
f
Mar
88c
-
Cement
Foundries
2%
—,—100
———
Canada Malting
.17c
Jun
*
common
preferred
1.49
-11 %c
Ltd
footnotes
_
Ltd
Roy a lite Oil Co Ltd
For
2.83
30c
o
Ltd—
Gaspe Oil Ventures Ltd
Home
2.90
0
Calgarv & Edmonton Corp Ltd.
Consolidated
275
87%
Oil-
Canadian
1st
s
it
Foothills
35
87%
Ankerite
89c
9c
:
Oil Stocks—
Anglo-Canadian Oil Co Ltd
British
Dev
37% Feb
,
43%
19'A
100
pfd
—
Canadian
<fc
Aug
B'/acll'/ac
—
•
class
Jan
Feb
33
Products—3'A
B
Dominion
65c
'
Mar
2.25
Ltd-
Ltd—
Oil
28
25
'
4%
•
common
Columbia
Mills
Mar
8c
July
535
430
41'A
43Va
/
2.17 Jan
Jun
1.43
Dom
Oct
Oct
15
—
1
Oil
Columbia
Campbell
,.\7%«yJan'
4V«c Mar
3.200
10,200
Corp
9
29C
57c 66'/2C
10c
25
Calmont
May
1
2'/2c
'
1.50 Mar
4%c Aug
50c
Mines
34%
4.00 Feb
Jan
lie 16'/2c
3c
2.000,'
.3,000
2.43
Gold
36
58c
Light & Pwr com—•
American
Callinan
3.15 Nov
7c
40c
Villbona
—
5c
5,000
8c
27'A
36
—
—*
A
Lake
Red
Calgary
Oct
1.66
2.25
Waite Amulet
6C
26 Va
Jan
25c
Sep
3.00 Apr
.
•
class
Calder Bousquet
Caldwell Linen common
2.18 Nov
•
4c
i
Corp
U%c Mar
520
Sep
16c
7% Aug
8,300
15c
15,700
•
—
Millen
&
Burrard
1.18 Jan
-.
6c
Siscoe Gold Mines Ltd
Mines
50
25c
'
26 '/a
1
Class B
'
Ltd. —-50C
Gherritt-Gordon Mines Ltd—.
Cons
8 '/a
1
Burns & Co class A——
Feb
1.64
Mining
8 '/a
22'Ac
—
39,500
Apr
.
1
Burlington Steel
Jan
1.39
Asbestos
8c
v
*
common
—-
Building Products
Jan
1.96
16c
Sullivan
Nov
1
Mines Ltd
Buffalo
Feb
Apr
1.99
3.00
/
July
46c
United
65c
13% Jun
16c
Sep
Feb
20c
2.60 Mar
*
&
8c
1.45
Nov
9c
Steeloy
Sep
9c?
*
Gold
Buffalo
Feb
1.65
50c
Mines
33c
10'A May
*
1
Buffadison Gold
Feb
50c
.Mar
2.00
44%c
Gold
Nov
14c
*
Gold
Class B
..14% Mar
Aug
1
Standard
27c
3.20
24'/ac
25
-
Mines
Bruck
7.65 Jan
■(
Oct
28c
500
*>■
6c
% 10% jfuiy
4,500'
14,300
2.00
——_8
<1944)
Feb
Mar
17C
1
B
Class
14% Mar
•
4.45 Mar
>■
370
32c
Jun
7C
Ltd
Mines
65c
12c
4c
3.20
•
Yellowknife
Telephone
British
Nov
6c
Senator-Rouyn Ltd
Sheep Creek Gold Mines
Btadacona
707,421
15
Bros
Canada
Mines
27c
16 %c Jan
Feb
1.G5
pochette Gcild Mines Co Ltd
Santiago
14% Aug
^ Nov
35c
5%c Nov
19c
A
broulan Porcupine
8ep
6c
58c
i
1
Mar
—l—1
Ltd
liy«c
•
Mining
Innes
British
Nov
III1
Ltd-
Mines
-16,200
10
British
Jan
Ltd——1
Mines
Quebec Labrador Development
.—t
Quebec Manganese Mines—
*
Quebec Yellowknife Gold Mines Ltd—1
Red
800
50c
•
,
>Mar
3.20
10
British
Jan
»'24c
Jun
12
1,300
5'Ac
85c
Ltd——
-
<
2.00
1
Ltd——
Fields
6c
11
6%c
"
6%c
19c
10
Preferred
6%c Mar
Oct
25c
50
'
32c
11%
1
—f
—J—
6.50
6c
Ltd_^_—1
.
July
Oct
6c
11
72,700
5%c
1
—
Nova
Brazilian Traction
Jan
Sep
2%e Oct
18,000
6.20
1
5c
11c 12 'Ac
—
11c
*
Scotia
Toronto
of
British
Feb
;6c
26c
4,000
49c
13
—1
—
Nov
7c
Jun
23 %c
5c
8ep
l%c July
1,000
,26c
3c
*
1
Ltd
30c
:14
35c
1
Montreal—:
of
Brewis
Jan
1.56
Nov
19c
»■
3.50
Mar
2c
6c
Labrador Mining & Explor Co Ltd——1
Lingman Lake Gold Mines
Lingside Gold Mines Ltd
Jun
13,600
760
8,705
13
30c
l v
—-1
Mines
Brand
4
—
39c
10c
8c
1
Electric
Boycon
Nov
Sep
15c
2%c
1
—
Jan
6c
11 %c
—
Buffalo
Take Rowan Mines Ltd—
18c
1,000
12%c
Bordulac
Jun
Mar
2c
2'A c
...
Kerr Addison Gold Mines Ltd
Jan
Jun
Mar
100
8c
_1
Mines
Gold
Bonetal Gold
May
30%c
1.65 Mar
55c
12 %c
12%
1
7% May
83
75c
Oct
35c
2,500
Bobjo
23 y« Mar
12V2c Mar
2.1/4 c
.-1
Ltd
31c
Mar
8c
33,300
1,585
Biltmore
Oct
12 '/2c
-
—5
-12
.
•
5% Mar
65%
35c
'
13
Bevcourt
Jan
15c
16c
Jack Lake Mines Ltd-——
Joliet-Quebec
1..
1
Ltd
6%cMar
Feb
Oct
Oct
6c
Oct
-4%c July
.
35c
14c
Class
Jan
Oct
43c
100
18,700
-
Gold
30
2,500
JjOO,200
.
.
3.45 May
9.20 Apr
Jun
680
13>/2C Jun
6%c Apr
1,000
15 'A
13c
Ltd-———1
Ltd
65%c Nov
-
Jun
Aug
3C
755
13%
1
Bertram & Sons class A
Feb.,
56c
Aug
10c
5,000
13c
25c 29 '/2c
25 %C
—-—1
Formaque Gold Mines Ltd—
6%
66%
—
'
10c
—-1
!
6%
66»/a
30C
-4,000
—
1
British
Eldona
El Sol Gold Mines
18c
12c
Bell
Nov
37,000
12,840
12c
,
Mines———1
*
3
-11c
59C
Beaulieu
Feb
10c
15c
16c
1
,
3c
9y2c
.15'Ac
8.25
Feb
5'Ac
Ltd—1
^
3c
10c
17c
....
12%
Beatty
Feb
3c
:
Nov
19c
1.35 Mar
500
12c
Bates
.--55cMar
400
3,000
7C
—————1
Ltd
33o
60c
Base Metals
Jun
6c
15 'A
Mines
33c
12%
Bank
Jan
33c
*
2c
37C
Ltd
Goid
41%c Jan
Feb
Oct
Jan
38c
.
Apr
49c
259
1
Bank
Jan:
7c
7'/ac
•
8c
Ltd—_•———1
Mines
Jun
8c
64,225
1
Bralorne
Nickel
3.15
9.00
•
Auto
66c.' Nov
,,
6c
3 7'Ac
Jan
Apr
88% Jun
25% Oct
Mar
22'AC
567,600
2.80
9.00
17'/2c Jan
•
2c
6c
1
Cournor Mining Co Ltd
51c65'/aC-
60c
2.90
•
Aubelle
Sep
Oct
6c
1.
—I
1,600
198,500
Yellowknife
Aunor
Nov
16c
Apr
58c
—-—*.
19c
10
A
(1937)
Aumaque Gold
3%c Jan
7%c May
4c
——
Explorations
Denison
class
i
Jan
12c
Aug
12c
—1
Ltd
33c
14'Ac
Steels
Bank
1,000
15c
19%c
Mines Ltd——— 1
Mines>
30c
16c
33c
Bidgood Kirkland
Cheskirk
loc
24
Oct
—-1
Candego Gold Mines
Centremaque Gold Mines Ltd
8,100
Atlas
Nov
36
h
-
.
58c
Bouzan Gold Mines Ltd
21c
1
Atlantic Oil
Jun
-
♦
Ltd——-
2,243
925
44% Mar
25 */a
19c
Atlas
Sep
38
7%c
Bordulac Mines Ltd
61 %
25'A
20c
-
Nov
401
6c
Ltd—;
I3e
«7
Jan
Ltd—1
Mines
59%
25%
1
Hardward
115
Feb
7%C
Mining Corp Ltd
59,'/2
100
Armistice
Ashdown
Feb
.
37c
29%
■
Ltd—'—
•
*
:
Quebec
18
—1
Mines
33% Mar
•
-
Astoria
22%
5c
-III
1,520
1
Bankfield Consolidated
.*
56
35c
Gold
May
38
1
---
53'A
.
19
*14
———_——_
53'/a
1
-
11% July'
12% '
Mines Ltd
3y2c May
—
Feb
22
Athona
19,500
*
common-
Preferred
-Jan
42
v
3,000
5c
_♦
•Rights
Ashley Gold & Oil
104
18,271
July
25c
4%c
1
Warrants
May
25
.
14c
87 %C Jan
25C
Oct
Sep
24 %c
—
1
Mines
Argus
Feb
38
36%
Amo Mines Ltd.
Lake Gold
102% Aug
9% Bep
Sep
55c
.
May
.
29%
Mines Ltd —I-—
Yellowknife
2,300
Jun
5c
-
.
•
13%
•;
i
•
111
„
*
——;
Lead
10% May
30
240
-- ••v.-
1.7 Vt
vMar
•
13%
200,
45c
Mar
107
Jan
Stocks—■
Beaulieu
Apr
7%
1
pid—
Mines
—
Area
Oct
Apr
525
t
.110;
.
112
3%
.,
19
39
.
•
f
*
18.'
19
42C
—-—
Lake
66c
16%
185
65c
19% May
21% May
24% Oct
.
"
Nov.
10%
*
19
——.———
Red
9'A
97
65
9
*
Mar
J8
-
—
Yellowknife
Bagamac
Metals
100 100%
18
*
*
Anglo Canadian Oil—
Anglo-Huronian
Anglo-Rouyn Mines
Ansley Gold
Apex Consol Resources^
.
29% May
75% Apr
177
11-
•-
26Va
Apr
275
.
53
18
.
Fed
22%
Wilson Ltd (J C»
Beatrice
2,945
9'A
1
Canada
of
Larder
Nepheline
Anacon
8ep
29%
Ltd
Co
American
27%'May
65% -Feb
5
17
53
18
—
Gold
24
1
-
American
Jan
1.10
.
22
5
109% 109 Va
*
,
Feb
470
•
7%
16
Oft
20
Cons
common
Amalgamated
May
13 %
Steel
Aluminum
Nov
30
Feb
8 Re
5
..
90c
Mar
12%
1,060
26 %
Nov
25
200
25
13%
;
75c
50
■
85c
6'A
——*
Westeel Products Ltd—.,
Bob's
12%
73%
•
'
Base
100
12%
United:, Distillers of Canada, Ltd—
Band-Ore
20
23%
1
—
Aluminium
Aug
930
Pacific
Gold
Algoma
May
15
90c
7%
•
'
Mining
19%
23y2
•
Yellowknife
Alberta
Alger
Jan.
19
26%
13%
*
CltSS B-——C-—
United Corporations class A——
Alger Gold
19%
•
—
17'A
12% Mar
2,080
1,720
—
High
Low
20
A
Range Since January 1
High
Feb
8%
Oct
110% 110%
Southmont Invest Co Ltd——
TJnited Amusement Corp Ltd class A_8
Ltd
16ye
16'A
100
Surpass
Akaitcho
Apr
28
Jan
29%
__
73%-
I
Hotel
14%
Oct
Mar
10%
26%
.
■
Windsor
Apr
7
12%
85c
—
——-———
—
Class B
class
Low
•
Preferred
May
May
4
'
uu
23%
,
24
Russell Industries Ltd 1——i—i
Southern Canada Power 6% pfd— .100
4'*
15
Jan
750
,
12%
85c
pfd——100
Ltd
**'
•
17%
.11%
75c
;
Power Corp of Can 6^, 1st pfd
100
"f> 6rb non-cum part 2nd pfd
_50
Quebec Pulp & Paper
pfd_l—. 100
Quebec Telephone Corp class A„.
-
24 %
Jun
14
100
-
26%
.10
cia
Paul Service Stofces Ltd
s>.
40
25
8%
11%
75c
:—.——*
Nuclear
.
8%
16%
——-30
Corporation
Scotia
23A
150
25
—
pfd,—10
—
preferred
Nova
375
11%
8'A
—
and if—_
_10
6%%. conv pfd—20.
'Montreal Refrig & Storage
Moore
3%
11
1
—
,
as,
Distilleries
Canada Ltd
Minnesota
—
2
3'A
—*
(Can)
15
Tpl—
Co
vw
r
Melchers
15
,
5'i>
preferred
—:—20
Investment Foundation ltd
—*
Downey Co Ltd (Walter M) __—;
*
Maple Leaf Milling Co Ltd,.;
*
Maritime
Shares
'
Inc
*
for Week
Par
Jun
1734
.w-1
—
Ltd com.,.,
Week's
Range
ofPrioes
Jan
49
Sales
Last
Jan
A_.
class
Friday
Sale Price
Oct
2%
100
■"
Agnew
Hotel
Exchange
Canadian Funds
10 y# May
'
red
Paper Co
Low
38
.—1"
1
Canada
or
Foreign Power Sec 0fA
Fraser Companies
Toronlo Stock
BangeSince January 1
2 Via
A
Manufacturing Ltd.
Ford
Shares
High
8
JL.td
Co
5
♦
Ltd
Fanny Farmer Candy Shops Inc..
Federal Grain
MARKETS
NOVEMBER
for Week
of Prices
Par
Eastern "Steel
39
Sales
Range
'
,
Sale Price
LISTED
WEEK ENDED
(1935)
A
—
20'A
9
-
•
13 Va
•
13%
40
40
980
60
22'A
22'A
30
20'A
23.
455
9
9'A
340
12%
14
305
13%
13'A
14
13%
.3,167
500
Nov
40
Oct
20% Mar
23%
Jan v
16
Mar
25%
8
Mar
12% Nov
10
Mar
11'A Mar
Jan
12% Jun
15% July
14
Oct
14
Oct
*
40
(1936)
COMMERCIAL &
THE
WEEK ENDED
RANGE FOR
Friday
Week's
Range
Ehares
Sale Price
Par
Canadian
Canadian
Oil
Cos
Low
30%
•
Malartic
Canadian
5%
a
Locomotive
Pacific
Canadian
Wirebound
25
Railway
class
A.
Cariboo Gold
V
..
—
8%
Central
Gold
Crcle
Bar
Cochrane
Coin
13c
Mar
33c
Jan
7c
8%c
17,000
5c
Aug
16c
135
V
Consolidated
Beattie
Consolidated Duquesne
30C
Mai-
75C
Mar
He
2.70
2.80
5,300
2.20
6,000
7c
13c 14 %c
8
5c
8
6c
14%
13%
14
Denison
Dexter
Red
Dickenson
Gold
1
—
___
Bridge
Red
Diversified
Dome
2.45
Harding
Dominion
Harricana
27c
Gold
Nov
35c
1,000
31c
July
36C
6%
200
80c
85c
2,705
5%
65c
Apr
6%
1.10
Jun
Oct
16%
Hinde
Jan
Apr
Jan
10%
325
5,850
54c
July
85c
2,000
55c
Aug
70c
13%c
15c
42,900
122 % 131%
8,515
8%
lie
149 150%
Jun
32c
8
145
20£
Mar
70c
25
Preferred
20c
20c
3,800
18c
1
40c
42c
4,000
39 %c
114
114
8
1.60
30
10c
113
Hunt's
Nov
July
30c
Steel
90c
118
July
8c
10c
4,500
6c
Oct
19c
10c
12c
34,500
7c
Mar
21c
89,400
10c
Mar
38c
&
28c
38c
23%
23%
20
21%
1.15
1.10
1.27
3,600
1.05
12c
He 14 %c
82,600
5c
Mar
13c
13c 14 %c
71,100
10c
July
.
20c
,
1.60
Apr
48c
Amphi
East
Crest
3,500
20c
Oct
45c
-___
East Leduc
58c
25,500
43c
July
82c
Mines
East Sullivan
76,700
23c
Sep
64c
10,490
16%
Feb
41c
40c
43c
19,300
28c
Oct
15
143/4
15 %
Metals
Elder
Eldona
14%
Nov
25%
26%
885
24
Aug
27
Feb
26%
27
2,810
22
Mar
28
Jan
3,490
8%
8%
8%
725
5%
5%
6
235
100% 100%
99
42
42
42
50
17%
17%
18%
9,580
24%
24
24%
785
12
11%
12
1,265
Mar
class
El
Sol
Feb
46
13%
Feb
15
15
26%
11
.61c
60c
25%c
22 %c
13 %C
9%c
1
10 %C
63c
32,800
51c
Mar
30c
347,075
17c
Jan
16c,
'
171
754,300
4c
Aug
2,000
7d
JUn-;
10% Mar
18%
1.10
8.50
Jun
13
Nov
28,501
5.35
Feb
12%
Nov
5c
5c
7c
4,000
4c
Oct
9c
Feb
17 %c
12c
20c
117,400
12c
Nov
42c
Jun
Mar
Jan
28c
26c
7,700
18c
57%
60
4,785
43%
Jan
60
Nov
5%c
5c
6%C
49,300
2c
Jun
6%c
Nov
7
Oct
33c
Ltd
16'%
17
310
16
Mar
20
24c
July
74c
41c
40c
91C
90c
1.04
12c
1.79
class
General
Steel
Z
1.70
2.10
130,494
1.15
1.54
5.05
Mar
42 %
9%
Oct
1,655
8%„
1,575
112
75
85
Mar
112
5%c
6c
1,200
4c
52c
2,000
25c
10
10
10 %
465
8
8
8
2%
«
*
20
2%
2%
26
26%
9%c
60%
2.05
17%
7%
7c
52c
Nov
7% Mar
60'%
30
1.87
2.20
33,937
1,800
Sep
9%
355
39c
42c
3,550
27
20
20
.
-X—
•
315
50
185
27%
100% 100%
140
7
Nov
Aug
9
Jun
Apr
8'%
34c
10c
Aug
11
May
July
20
Sep
Jan
25
Mar
25
55c
Jun
31% May
102% Jan
98% Mar
Mar
84c
May
Oct
7c
—.
103
104
Apr
29% Mar
Oct
45c
40c
52c
4c
7c
15c
15c
20c
5,100
8c
Aug
21c
Oct
2c
2%C
3,000
1%C
Oct
3%c
Apr
_1
.
_1
1
16c
1
Mines
50c
_'_
*
Gate
Rowan
800
Mining
Oro
Loblaw
61
Oct
Macassa
Feb
1.30 Mar
;
i
2.29
Sep
20
Sep
108
111
Oct
2%
200
2
Sep
10
4.85
5.10
3%
Nov
108
Apr
106 %
6,663
2.90 Mar
7c
7c
8c
5,600
6%c Aug
3%c
4%c
13,000
2c
Aug
1
6.10
Jan
Mar
Jan
Jan
14c
Feb
4%c
Nov
83c
Nov
71c
83c
97,180
52c
Mar
43c
13,350
40c
Oct
15c
17c
6,700
lie
Apr
19c
May
10c
17c
78,300
8%c
Oct
17c
Nov
4%c
4%c
5,600
3c
Oct
7%c Feb
7c
8c
1,500
7c
July
ZZZZl
Z
Zl
IZZZZZZZl
50
2.60
2.75
22,941
1.95 Mar
6%c
6 %c
6%C
500
4%c Aug
4c
4%c
22,500
10 %c
19c
191,500
3c
3c
800
52
52%
465
52
3c
2,000
24
485
23
5.80
6.60
4c
3%C
4%c
1.12
5.80
1.10
1.25
4%C
3%c
4%c
6c
7c
16,375
"
>
XX
*"
Jun
1.25
lie
23
Nov
1.19 Jan
19c
Mar
21,000
4.10 Mar
2%c May
75,550
38c
Mar
9,500 '
2c
Feb
3,000
6c
Nov
10%
11%
1,030
33c
33c
37c
3,000
2.25
200
5.75
230
5.40 July
18%
18%
140
16% Mar
10% July
25c May
Jan
25'%
Apr
10%
Sep
1.95 Aug
4%c
4c
4%C
6c
6c
6%C
3,500
3c
4%c
4c
4%C
32,000
3c
1
Jun
7.75
;
6%c
1.36
5c
Jan
Jan
Oct
May
15
Jan
14% Mar
70c
Jan
3.00
Feb
6.95
2,800
3c
Feb
Sep
21'% May
7%c Feb
Jun
11c
Jan
8c
Jan
17%
Jan
Aug
1.09
14c
Jan
14%
15
300
3%c
4%c
16.800
2%c July
88c
95c
25,000
60c
___1
Ltd
1.08
1.08
7c
__1
Mines
30c
class
1.08
Nov
5%c Aug
1.19 May
1.25
Jan
7 %c
7,000
6c
Sep
14c
19,200
25c
July
59C"-. Feb
3,350
67c
July
1.50
7c
80c
Jan
Jan
A__
*
29%
30
990
26% Mar
31
Jan
♦
28%
28%
210
24%
Apr
30
Oct
common
—*
8
8
30
May
8
Oct
50c
Goldfields
(Walter
1
6
40c
Mar
57c
19,600
—0
17
17
17
2,600
16%
17%
Oct
1
M)
__
_
29%
9,625
Mar
30c 34 %c
75c
*
1.13
Mar
10 %c
10 %c
11c
5,600
10c
July
20c
Feb
9%c
11c
6,300
6c
Aug
11 %c
Feb
Nov
3.00
Jan
1.95
Jan
50c
._*
Mines
2.00
Sep
1
2.00
2.00
2.10
8,390
1
84c
81c
90c
23,030
8c
4,500
1
30c
30c 38 %c
35,550
30c
1
90c
90c
92c
5,450
85c
Aug
10
11%
550
9
Feb
1.50
Feb
Lake
1
River
MacLeod-Cockshutt
MacMillan
Class
Export
Gold
class
Mines
A
*
Gold Mines_^
Magnet Consol
Aug
12c
Nov
40c
Jan
Oct
1.54
11%
Feb
Nov
Leaf
7%
8
550
4% Mar
9%
Sep
2.30
2.40
11,700
2.25 July
3.15
Jan
28c
98,400
27c
14c
12%c
1.80
1.76
1.83
5,500
1.50
*
i
3c
2%c
3%c
8,000
2c
11%
11%
11%
580
4%c
4%c
1,000
1
Milling
—
Maralgo Mines
1
11
3c
Oct
Apr
Sep
Oct
Feb
40c
1.95 Jan
4c
May
15
Sep
Oct
Sep
6c
May
%c
14,000
31c
Jan
3c
4c
4,000
Aug
fic
Mar
22%
Gold
Massey-Harris
~8
2.40
*
Eastern
Marcus
6c
1
—1
j_^
Fields
Gold
Manitoba &
Maple
July
•
B
Madsen Red Lake
Malartic
7c
40c
22
23%
7,125
16
Mar
23 %
27%
26%
27'%
93
24
Mar
9%
10c 10
1
:
1
common
Preferred
20
8c
3c
30
Oct
.May
Apr
2.80
Aug
16c
Feb
9c
12
15
4c
90 %c
—1
McCabe
Grain
class
McColl-Frontenac
16c
12c 13 %c
Jan
60c
Apr
1
Martin-McNeely
4%c
15,850
23%
—__3
Yellowknife
Macho
'
3%c
•
1.36
July
22c
36c
_____*
—
Mines
Macfie Red
Jan
Mar
iooy8:100s/8
4.90
1.25
Jan
Jan
-7%c Oct
1
—..
Oil
Lunward Gold
Jun
101
107
99
1,000
50c
15
Feb
36
100%
632,900
40c
Oct
45c
1
__.
B
Lynx
30
5
22c
Oct
Oct
Mar
5.70
Hosiery Mills
Jan
105
105
15c
40c
;
Jun
11%
40c
18%
Mines
Louvicourt
Jan
May
17%
105
4%c
4,585
12c
2
Groceterias
Class
London
15c
3'%
17%
2%
28%
1
Long Lac
Apr
16%
37c
Apr
—1
Mines
Gold
27
110'/a 110%
197
July
2.24
"U"
Feb
45
15c
24
—-X
—1
Mines
Wasa
Jun
1,000
1.25
0
(1945)
Shore
Sep
7c
Gold
Feb
Nov
14c
40c
*
Mines—
7,500
58c
59c
Oct
20c
1
Gold,
7c
Oct
Mar
4c
12%
1
i'_
35"
Jan
25c
12%
1
Ltd
74,130
14%c
40c
1
——
37c
28%
5c
6c
12 %
1
__
42,836
10,500
28c
1
Lake
6,452
57c
6%c
28 Vb
—
I
Golden
17c
47c
29c
—1
—
Fortune
16c
*
5%c
1
1
2
2.62
7%
9%
39c
1
21
40c
42.
7%
9%
>
4c
3%c
Lexindin Gold
11% July
8% Jun
16c
page
50,200
40c
'
Leitch
May
Jun
Feb
Sep
103%
4%c
see
10c
62,900
Lingman Lake Gold
'
9 % c
26
100
.
footnotes
6c
41,000
—
Ledpc-West
Nov
73c
Goodyear Tire preferred
7c
5%c
—2
Lebel
Jan
3% May
8
109
42c
........
17%
Mar
■
May
1
Mining
14
1
Larder
_•
*
100
Jun
Lapaska Mines
34
Arrow
Porcupine
17
Jan
IIZZZZZ
Mines
Oct
17
—
Jun
Jan
4.55
Apr
13c
Manitou
25%
16 %
Jun
38%
Gold
Golden
24% Mar
'
July
38
1
Golden
Toi
21
ZZZZZZ
Gold
Mines
25c
May
Mar
8
1
Mines
Goldvue
Aug
19
38
Eagle Mines
Goodfish
10c
30
1
_
Oil
Jan
825
La Luz Mines
18% May
ZZZZl
Gold
Goldora
55c
15,700
3.60 Mar
pfd..ZZZZZZZZlOO
preferred...j.
Lake
Goldhawk
232,850
15c
19%
*
Wares
Nov
14%
25%
39%
Lapa Cadillac
15% Mar
•
Giant Yellowknife Gold Mines
Gold
'
445
100
Mfg
20
Mar
Mar
MacDonald Mines
Products
Mar
12
11
Lamaque Gold
Lang & Sons
7,455
Z
General Bakeries
14
1,305
25
_____—
Dufault
Lowney
common
28,355
35,832
Jan
16
*
Z
20
13%
14%
Lake
May
4.80
.
_
19
13%
Oct
4.50
_ZZZZ_ 100
General
Goldcrest
41
12c
52c
Exploration
Power
Lake
Jan
15%
•
_
27% Nov
Apr
19%
13%
Lake
Jan
May
4.50
a
A
23%
May
13%
*
Lake
Feb
10
15%
ZZZZZ..ZZZZZZZ*
Globe
2.08
3.50
Sep
•
;
970
Jan
116
13.%
;
Laura Secord
•
common
27%
lOYs
Jan
*
(John)
Little
Gold
God's
25,800
6%
19%
preferred
Goldale
785
45c
Z.
preferred
Gillies
8%,
X
_
26%
111
Uranium
Lake
May
17
Fraser Cos
Glenora
50c
Feb
20
^"ZlOO
Motor
5%
26c
30
Manufacturing
5%%
16,000
"•
Ford
Frobisher
40c
25
,
70
83
Gold
Laguerre
Nov
39
ShopsZZZZZ
100
Petroleum
Lake
.
Fleet
Gatineau
11c
39
Petroleum
Products common
Francoeur
5%c Mar
37 %c
Federated
Fittings
72,000
39
com
8
115
Jan
8,785
Lake
Labatt
Jan
11c
Trust_ZZI_ZIZl25
Federal Kirkland
Fibre
10c 10 %c
1.64 Mar
—
8
114
--
.
32c
104
Krkland Townsite
Feb
8%c
14,370
Candy
Grain
Preferred
8
28c
38%
Kirkland-Hudson
Nov
47,005
Zl
Fanny Farmer
Federal
20% July
104
Mines
Kirkland
Jun
16c
3.50
Players
Mar
59%
100
common
30 %c Jun
.
7%
Falconbridge Nickel
Famous
9%c
1
.
18
100
33,860
27
Kerr-Addison
Kerr
13% May
Feb
15
1
»
'
,
20
13
25
Gold
Kenville
Jun
21% Mar
3.10
Gold
Jan
36'%
Quebec
Kelore
19% May
8
Corp
15c
A—
Kelvinator
Jan
40
'
3.15
Empire Brass class A
Eureka
Aug
36%
Co
Mines
Joliet
5% July
1
I_™'
7c
•
Gold
Jroburke
12% May
103
Apr
3% Mar
400
1.33 Aug
Mines
6,000
100
International
Jacknife
23% Mar
26
27
»
Gold
10c
6
,
preferred
Nickel
Jpeola
1.74
Mines
Sep
9%c
—"
._
Milling preferred
Jack Walte Mining
1.62
Mines
Investment
Eddy Paper class
9c
20
1
Bronze
22% May
65c
Jan
1.69
Steel
75c
Sep
Jan
1
Economic
May
Mar
5c
—_1
Mining
International
Jan
31c
I
*
.ZZZZZ.Z*
Oil
East Malartic
Eastern
■
Feb
50c
'
Mar
20%
•
Oil..
Jan
24 %c
12%
Labrador Mining & Exploration,.
East
95c
Mar
3,900
*
common
Gold——
International
Feb
25c
53c
1
2.
Oct
10c
2,500
10
Preferred
15%c Oct
18%
%
Ltd
31c
*
_
International
Kirkland
Duvay'Gold Mines
Jan
1,000
12,900
10 %
—
International
Jan
19
_»
Donalc^a Mines _;.
Dulanqg Gold Mines
16c
8c
*
International
25c
*
—_x_.
Jun
10 %
100
Ingersoll Machine class A_
(John) & Co
Inspiration
26% July
Sep
26c
25
Woollens
Jan
7c
—1
common
Bank
Lake
Indian
Apr
53c
50
Dominion Textile common
Dominion
May
Sep
1.04
12
1
A
Erie
Imperial Varnish
Nov
31c
23%
1
B
15c
Mar
65c
Aug
2%c Oct
Jan
75c
_
Jan
—_100
class
Sep
Jun
12c
8c
1
_.
Aug
11c
•
Coal
5c
35c
13%
Mar
10c
°
&
July
11%
Imperial Oil
.x—
Imperial Tobacco of Canada ordinary_5
4% preferred
_—-25
Jan
Oct
class
Imperial
Jan
6% May
8% Jun
l
Stores
12c
1
Huron
May
22c
Aug
Yellowknife
__
Nov
1
__
Dominion
Dominion
*
10 %c 11 %c
'
-X-
Hudson Bay Mining & Smelting
Hugh Malartic
:__
Jan
154
Jan
8
com
5%c July
♦
Howey Gold
Feb
Mar
50
preferred
9% Mar
8,500
5
_
Hosco Gold Mines
Nov
10%
Oct
io
Investment
130
7c
9%c
_»
Oil
Homer
Jun
131%
91% Mar
450
8
Magnesium
Feb
9% May
64c
Dauch
<fc
Home
Sep
,
•
Malting
Aug
8C
Holiinger Consol
Jan
10
I*
Scottish
25c
11%
6c
X—M
Highwood Sarcee
2
Dominion
Nov
3c
5.00
Jan
8%
25c
24C
Mascot
Kayrand Mining
Dominion
6c
Apr
11%
11%
Highland-Bell
Highbrldge Mining
Feb
9c
l
Dominion
10,150
24c
*
1
——
Heva Gold Mines
Aug
July
8
...
6% Mar
Gold
Hedley
14% May
17
4% Mar
Foundry & Steel
100
1
Carpets
Gold
Harker
Heath
Mar
61c
l
Dominion Bank
Jun
Jun
Jan
5c
40
t
9
—
31c
•
Ltd
9
*
—
31c
2,250
Mining
Mines
3.50 Aug
5c
12c
_
l%c
100
5,500
5%
_
Oct
5
1.15
3%c Sep
2,000
3.55
8c
12c
—
4.500
3c
3.55
7%C
5%
Lake
6c
3c
1
4,250
3,000
•
Yellowknife
5c
1
.
143,798
l
Seagrams
37c
Apr
17% May
6c
l
Distillers
Nov
13 % Mar
14c
_—10
Discovery
20c
1,043
73c
10
623
Lake.
3,000
4c
16C
55c
l
21c
16%
70c
500
55c
1
20c
16%
7%c
3,225
30
_„_
3.20 May
6C
37,000
58c
l
Mines
Oct
11c
9c
30
Lake
65c
70c
1
Nickel
Detta Red
85c
78c
MX
•
Hard Rock Gold Mines
"Feb
6c
30
A
Mar
1
*
class
Mar
60c
1
i
Leather
4
6,200
17,900
Nov
Feb
144^f§0
Delnite Mines
260
80c
16%
78c
—1
±
Inglis
Davis
15%
Jun
4%
24c
12% Mar
1.60
Da vies Petroleum
10% Mar
July
15%
80c
1
75
1.15
Patricia
150
Nov
18c
4%
Headway Red Lake
1.72 July
1.33
D'Aragon Mines
44'% May
Hasaga .Gold
6,300
15014
Crown Trust
40 % Mar
Jan
2.11
•
_
260
Nov
2.01
*
_
43%
6c
100
Pershing
20%
10%
13 %c Aug
—100
Mines
15% Mar
Nov
12,800
55c
127
Crestaurum
1,610
Aug
24c
55c
14 %c
___
1,000
18
15%
—
80C
1
Mines
Hamilton
3.00 Mar
30c
10%
0
—_
,
July
21c
6%
80c
*
common
May
17 %c
16c
2c
149,800
18 %C 18 %c
7c
3
Mining
10c
8
35
5c
Jun
35c
'
Consolidated Press class A
Gas
Nov
20
Nov
Consolidated Homestead Oil
Consolidated Mining <%; 8meltlng
Exploration
Imperial Mills
Halliwell
Oct
4c
1
—
Gold
Hallnor
Oct
10,300
2
__
—
1
Mines
Oct
Sep
13 %c Sep
43
15%
0
Halcrow Swayze
11%
184,400
•
Mines
2—;—*
Gypsum Lime & Alabastme
Jan
145
Oct
7% Mar
11c
1
Mines
Crowshore
131%
Gunnar
Jan
70c
13%
1
1
Bakeries
Croinor
150
14%
National
Bit
Preferred
25
11
1.40
7c
«
Cournor
135
10%
July
1.0S Mai-
61c
2.02 ~
_
Craig
41c
26,200
96c
Lead
High
11
May
18%
Feb
22 %c
Consolidated
Cosmos
Nov
5,925
10,000
<*
Yellowknife
Gulf
3,050
10
17%
43
Mines
16c
_1
Commoil
Conwest
Wire
Guayana
96c
13c
Lake
Consumers
Greening
Great West Coal
2.70
Plow
Conduits
Jan
Jun
8%c
Willans
Conlaurum
2.65
1.80
1.27
Dunlop class A
Coiomac
Aug
75
15 %c
17%
•
1.0C
Low
100
19
16c 17 %c
16c
•
preferred
1.2C Mar
14c
1
common
A
Sep
19
*
Nov
8%
11
Range Since January 1
High
11
1
—
Shares
Low
_*
Paper common
Nov
75c
——
Oils
Cockshutt
26
July
1.17
m
_
for Week
-—*
A„_
Mines
8%
92c
100
Wines
Knitting
Cochcnour
24
50
Co
Great Lakes
Jun
1.20
8c
Malartic
Coastal
145
8%
700
Mines
Citralam
24 %
8%
3,900
1
Trust
Gold
24%
1.20
Chesterville Mines
Chimo
21%
1.65
1
Chemical Research
Chesklrk
12% Mar
Bousquet
Grandoro
Jun
99% Mar
1.15
—
103
10
29,837
&
Graham
Jan
101
class A
class
Grafton
Feb
15
Aug
17%
1.60
Mines-
88c
Mar
64C
11
16 %
1.15
Centremaque Gold
Chateau-Gai
670
1.61
•
Oil
Porcupine—
Chartered
4,275
1
__
Patricia
Central
67c
14%
Gordon Mackay
Oct
34
Mar
21
1,450
_1
_
Cerural Leduc
33
101
16%
Cardy Corp class A
Castle-Trethewey
Sales
Range
of Prices
Par
High
LOW
14
„IZIoo
preferred
Canadian
30%
STOCKS—
Range Since January l
High
65c
•
common
Week's
Last
Sale Price
Friday
for Week
of Prices
NOVEMBER 5
Sales
Last
STOCKS—
MARKETS
LISTED
CANADIAN
Monday, November 8, 1948
FINANCIAL CHRONICLE
Jan
j Preferred
A
1
0
—
9%
300
0
13%
13
14
3,985
100
common
_1
91
91
91
5
7% July
9% Mar
90
Oct
9%
16
100
Oct
May
.
July
15c
1,500
15c
Nov
8%c
Sep
53i%
55
915
52%
Sep
66
Mar
2c
Aug
4%c Mar
McKenzie Red Lake
1
36 %c
36 %c
38c
6,100
30%c
Oct
75c
Jan
Feb
53
McLellan
1
2%C
2%c
5%c
10,000
l%c
Oct
5%c Nov
49
25 %c
Jan
Oct
McDougall-Segur
Porcupine
Mclntyre
Gold
15c
s
1
5
53%*
9c
July
Volume 168
Number 4749
THE
COMMERCIAL & FINANCIAL
CHRONICLE
(1937) " 41
CANADIAN
LISTED
MARKETS
RANGE FOR WEEK
ENDED NOVEMBER 5
Friday
Week's
Sales
Last
Range
Sale Price
STOCKS—
for Week
of Prices
Par
McMarmac
Red
Lake
Gold
1
Milton
1
:
Monarch
Knitting
Porcupine
Hosiery
National
Sewer
National
Steel
class
preferred
15c
4,500
8c
Oct
37c
Mar
11%
375
10'A May
13
325
28%
16
28%
35
27 Va
Apr
30
250
10
15
27c
Apr
34c
8,400
34c
Nov
27
30
34
Jan
23%
23'A
24%
745
27%
—
28'A
65
2.10
2.10
'
— —
18c
2.20
18 V4 Mar
28%
1.91 Mar
30
100 Vb
Apr
5c
500
2.25
103,125
60c
13,173
17c
16c
17c
11,150-
4VbC
1
Mar
60c
Jan
3c
Aug
5c
Jun
28c
155,467
7c
20c
Sep
33c
19c
21c
7,000
15c
Oct
46c
5 Vac
42,000
4c
Mar
8c
1.24
1.25
1.25
4.000
V4
53%
58
14c
14c
14c
11,662
3,000
3c
*
3c
500
2.98
3.15
30,770
56
1
Mining
TOO
1
Gold
24c
July
8%C
4c
Jun
10c
6%C
5,000
4c
July
10c
2,000
380
26c
26c
4%c
3c
7,000
Aug
14c
55c
1
Apr
48c
Nov
Union
8%
Oct
United Corp
United
class
July
2.20
Red
Oslsko
Lake
Lake
—
40c
40c
800
40c
1.60
14,500
92c
Jan
23c
87,000
10c
Mar
24c
4c
41/4C
1,324
3c
6 %c
July
July
7 Vac
6
6%
580
9 Vac
10c
1,500
Nov
90c
_
7c
7c
66c
16c
Mines
(Eastern)
Petroleum
Hershey Tubes
Porcupine Mines
United
Keno
United
Cadillac
United
855
1.13
Gold
Mines
Aug
7 VaC
Aug
8C
3c
4 VaC
31,000
2c
5c
2c
3c
2,000
1
__
Feb
Gold
6
Nov
Silk
Robinson
(Little)
class
82C
Feb
21,400
65C
14c
80,700
4c
1.95
2.15
4,695
2.80
2.90
4,700
42c
1,500
44%
Aug
Apr
Aug
1.80
Aug
47 V.
1,500
75c
2,100
50c
1,500
50c
Aug
37
Wood
Jan
Wool
2,825
14'A
600
1.40
47V.
Nov
88c
1.40
1.50
11
5,550
Feb
Feb
Feb
17% May
17% May
1.40
Nov
2.10
Jan
10
50
9
Apr
11
52
52
50
Oct
65c
64c
72c
49,800
55c
Mar
90c
80c
82c
8,700
52c
Mar
90c
40c
42c
86c
97c
30,200
172% 174Va
12
87c
9c
58 "A
„
Ymir
York
79c
67,700
61/2
Feb
60
Oct
74C
Oct
35c
Oct
8 Va
1,314
9 Vac
9 Vac
6,500
7 Vac
Oct
22V4
23»/4
575
16
Feb
50
25
49»/2
50
Jun
234
45%
50
Nov
8 Va
7
Aug
17
17
17
25
2.00
1.85
2.14
80,885
11,400
14c
7%'
7 Vac
James)
18
15c
July
Nov.
Jan
6.05
7%
855
5 Vb Mar
1.58
6,568
8V1 May
1.50 July
2.35 Jan
5.75
6.40
2,322
5.15 Mar
5 Vac
5 Vac
7.20 Feb
1,000
5c
5'Ac Nov
2%c
5c
4,000
C-I3c, Mar
8.95
*
8.70
9.35
23,109
5 Vie*
28%
28%
9 VaC
7C
7c
37
Oct
5c
4.60
100
9%C
2c
10,087
13
Jan
9.85
24
Mar
Nov
9c
Aug
6c
Oct
10c
May
Feb
37 Va
Nov
150
37%
434
70
20%
30
50
29
33
33'A
110
32
Apr
26%
21
30
13
14 Vs
Nov
24%
25%
940
22
99
98
99%
120
97 Va Mar
7%c
9c
5c
25
28
12c
Feb
6c
May
10c
Apr
5c
Aug
lie
Mar
7c
8 Vac
7 Vac
9c
22,500
•
31 Vs
31
32 Vs
100
100
100
100
10
95
120
Apr
120
10
117
Mar
19
Aug
6,918
20%
—1
20 Ve
490
2.35
Jan
Jan
Mar
8c
2.26
Jan
Jan
36% May
101%
8Vic
20%
Jan
33%
Feb
9,200
4,000
2.30
Nov
19%C Mar
July
July
8c
5
May
500
20%
pfd—100
Oct
31%
1,000
36 Va
30
Nov
10 V4
13
247/a
_*
Oct
2.14
7%
.1
Mines
Jun
1.50
1.55
13
:
Jan
12c
1.15 Mar
11c 14 %c
10
Apr
13 Va Mar
30
common
&
8% May
8V4
9Vic
1
...
12c
Mar
5J/a
Aug
Apr
221A
13
*
Oct
175
42 V4
200
Jun
Jan
1.08
Sep
July
6c
120
68c
80c
12Vic
July
172
4,000
58'A
51c
*
Wright-Hargreaves
Yellorex
9c
58'A
51c
100
I
(Alexander
3,763
Feb
32%
Oct
100
Apr
127%
Jan
24
Jan
2.90
Jan
2.25 July
Mines
Girl
Knitting class A
22c
24c
4,500
1
18c
66c
Aug
40c
65c
Feb
70c
*
Aug
81c
6c
10c
39,184
190,600
55c
8c
May
3c
Oct
10c
6%
Nov
6%
450
2%
Bear
Yankee
39c
86c
2%
50
--
*
15%
16%
14,102
16%
2.95
5c
*
Nov
6%c
B
Jan
15%
July
Class
Aug
6,650
5% Aug
2% Oct
8V» Jan
4%
Jan
A
7,260
Vac
12,700
6c
8c
9 VaC
10c
29%
29%
100
10%
10%
Feb
3.35
9c
Jan
5c
Sep
13c
Jan
9c
Oct
28c
Feb
28
Sep
33%
Jun
8
Mar
150
«'
4c
6c
14c
10c
16c
15,300
9c
38c
38c
43c
28,900
23c
24%
25%
2,080
25
26
285
7c
1
_
7c,
500
25
1
__
1
10 VaC
•
19
Toronto Stock
Nov
Apr
4c
1,130
29%
1.02
2,000
lOe
•
10'A Mar
!
Exchange-Curb Section
Canadian Funds
3.25
6
8c
Russell Industries common
5,200
9 %c 10 Vac
18%
11,000
3 Vac
1.1%
Oct
8c
Sep
Jan
17c
May
Aug
52c
Oct
23'A Mar
25%
16
Feb
27%
Sep
16c
Mar
Mar
23c
Jan
5c
5c
Friday
Jan
Oct
19%
4,465
13
Feb
19%
Nov
102 102%
20
•101
Feb
103%
Sep
Week's
Sales
Last
Range
for Week
Sale Price
STOCKS-
of Prices
Shares
Par
Andian
National
Columbia Pulp &
Preferred
Co
Paper com—*
-1
Preferred
100
Canada
and Dominion Sugar
Canada
Vinegars
Canadian Bronze
Canadian
*
4%~
108%
23
8%
100
Apr
10
117
120
70
72
Mar
135
154
118
High
8%
100
common
Range Since January 1
Low
—*
British
Brown
Apr
154
30
154
Oct
185%
Feb
6
4
Vb
Low
5 VB
4,400
108 110V4
1,101
6%
22%
23
2,455
3%
80
Mar
15%
Apr
High
Jan
Jun
Oct
Vb
Jan
115%
Jun
13
23
Oct
13
13%
85
10
*
Mar
14
47%
47%
47%
July
20
*
35
Mar
23%
47 Va
23
23%
685
19% Mar
24%
*
common
Industries
Nov
Jan
'
100
—_
new.
_
49
_
24
24
10
24
Oct
14%
_
24
14%
15
325
14
Oct
Paper—
new
__99
_
...
San Antonio Gold Mines
Ltd
Sannorm Mines
1
1
84
—
3.65
—
Senator Rouyn Ltd
Bhawinigan Water & Power!
1
•
_
Winnipeg Brewery
Sheep Creek Gold
class
A. _50c
84
85
44%
44%
3.65
3.75
6%c
7e
common
page
85
Aug
Aug
48
Sep
Consolidated
Aug
Feb
Dalhousie
Oil
•
Dominion
Bridge
53
6c
50c
108,600
24 Va
730
20%
38C
Oct
Mar
Feb
45%
46%
265
44% Mar
11V4
11%
330
10
1.60
1.40
1.60
7,600
2.28
2.44
38,601
16 Va
16%
98c
530
Feb
Donnacona
Oct
Foothills
49
16%
16
July
8.50
Nov
Apr
Jun
May
Feb
Pend
&
Oreille
Reliance
*
*
*
Paper
52
20
65
126
3,430
50%
52
459
Va
Apr
3%
Feb
39
Oct
Mar
19%
21%
8,300
14% Mar
48c
60c
27,700
33 %c Mar
3
July
59%
192
Oct
Oct
4% May
52
Nov
21% May
60c
Jan
30'A
30%
100
27
Feb
3 3'A May
20%
20%
20%
155
20
Oct
23'A
3.60
3 60
4.00
6,655
29
29
31
350
-
2.60
Jun
20
Feb
4.10
34
Jan
Jan
Apr
_—
61%
61%
66
5,905
46
Mar
"
23%
23 Va
25
1,400
20
Feb
5.85
6.50
28,430
4-7
Paper
—*
6.05
common,
Ontario
Investment
Temiskaming Mining
265
4%
52c
47%
100
22
Jan
49
Oct
42c
42c
42c
649
37c
Jan
45c
Nov
7c
6c
7'Ac
9,500
6c
Sep
8c
Jan
Grain
Southmount
57
134
3%
Apr
19%
—
1
Paper
Minnesota
1.60
*
Oil
Hayes Steel
International
3.20
*
Paper
July
11% July
Mar
6.50
Westinghouse
24%
11'A Mar
'
Jan
Canadian
67 %C
11% Mar
65
6.75
17c
1.43 Mar
155
16
6.75
Feb
4.35
53
1.50
132
—
*
2,000
16
42.
2
Aug
24
6.75
85
—100
3.00
43C
•
Preferred
Canadian Western Lumber
42 Va
2.33
II"!
*
80
1
Voting trust certificates
Sigma Mines (Quebec)
—1
common
120
..50c
Gordon
Aug
Vickers
2,325
24
11%
26%
.15'A Sep
Canadian Marconi
Canadian
165
-
43c
_100
Shea's
see
Oct'
Feb
76c
*
footnotes
Jun
Nov
5%c
54 »A Mar
25'A
Breweries
I8V2
46c
1,000
Sep
25
—1
•
new
420
2,410
6 Va C
Jan
72c
'
10
52
Co
preferred
Jun
*
—
Feb
10 Vs
6c
Power pfd
Lawrence 1st pfd
2nd preferred new
21
20
48c
6 Vi C
1
Combing
Yellowknife
17%
Lac
preferred
Feb
56c
Mar
67c
Jan
3.50
July
73c
„
Saguenay
Jan
1
Preferred
2.30
2.30 Aug
37C
65c
16
common
Roybar Chibougamau
Rupununi Mines
21c
12
—
Winnipeg Electric
13%
1
Royal Bank
Royalite Oil
July
Feb
69c
10c
„
__
_
5c
•
*
Wingait Gold
16 VaC
65c
5
—
1
Gold
29,100
33
Winchester Larder
100
16
(1936)
Riverside
Feb
6Vic
*
Wiltsey-Coghlan
3.10
_
3.50 Jan
49c
5Vic
1
Jan
13%
:
_
Nov
Oct
2.34
100
46c
20c
Jan
19c
46c
X
common..jl
Jun
40c
_
(Geo)
Preferred
Mar
—
•
Gold
Weston
Jan
Jun
6,254
...
10c
41c
Macdonald
Oils
May
5 V*
14,700
6Vic
•
...
51 Va
10 Va
25c
25
*
Mar
4Vi Aug
9% Jan'
2.50
50
W')
Jan
20c
6'/a
1
Jan
19c
,
2.34
•
...
2.05
,
Nov
6 %c
*
preferred
9c
22c
»
...
33c
_•
Queenston Gold
Quemont Mining
Long
3c
1
Quebec Manitou
A
45
50
50
9c
...
Oct
2.34
172 V*
Mines
Class A
10
5
10V4
,_®
5,200
2.80
__
A
common
Malartic
48
5
1
!
23,900
6
48
10y4
100
*
lie
10
_
Jan
Jun
*
(G &
38c
_
__
Preferred
May
Vac July
Jan
Jan
29 Va
—
(Hiram)
A
Apr
23% Mar
48
'
•
10c
1
—
3c
175
V
37c
nil
common
4,800
Sep
f
27V'4 ,27 »/4
Ltd
37c
•
Mills
2.40
1.99
z
...
Products
Western Grocers common
Preferred
Mar
1
East Dome
12c
Oct
Mar
Westeel
Mar
—Il
Metals
Oct
1.60
May
1
Wekusko Consol
Jan
4c
4C
1
Corp
Gold
1.55
2,500
8,000
i:95
Gold
Quebec Labrador
Nov
5c
11 %c
1
83
4c
24,725
Jan
4 VaC
6
Rouyn Gold
.Voting trust certificates
Lawrence
1.00
Mar
10,500
1.72
9c
Amulet
Class
Nov
39%
5c
a
Powell
Rochette
3,780
72
7c
1.60
1.25 July
_•
Waterous Ltd
West
65c
Preferred
Feb
2.38
Feb
28
82
99c
Hill
11c
1
Porcupine
Purity Flour
Feb
lie
4 VaC
..
__
Richmac
39%
--
__
Regcourt
39
70C
Apr
Mar
5c
Gold
Preston
Waite
Walker
4c
-V
_
Ventures
Feb
1.00
Feb
5c
1
Villbona Gold
Jan
4c
67
332
•
Vicour Mines
sep
1.15
80c
1
River
Pressed
Jqn
18 VaC
39
Gold
Porcupine Reef
Jan
4 VaC
....
Crow
16c
10%
Aug
2,000
305
83
6,200
Steel
Mar
110,950
82
7,450
Upper Canada Mines
50c
7c
Sep
Nov
80 %
1.60
*
11 %c
Oct
Mar ^
14%C July
2.38
,_1
Paymaster Cons Mines
Pen-Rey Gold Mines
People's Credit Sec
Pioneer
7,100
5c
—1
Malartic
Piccadilly
23,700
17c
1.00
*
—
Perron
70c
16c
15
5,000
Oils
Sep
Apr
Sep
94c
Feb
81'/2
27%
preferred
May
6c
1.87
*
:
Ltd
Paramaque Mines
Parbec Malartic
Partanen
4,500
65c
3%
5c
Pamour
Pandora
8c
5c
2.34
1
..
B
May
1.84
July
13%
10c
Jan
8c
Mines
Pacific
Fuel
Jan
17c
5C
60c
70
'
1.35
Mining
Class
1.40 Mar
143,700
7,500
10
9c
class B
— —
;
8% May
21Va May
Nov
-
Jan
83
•
5c
10c
14
19Va
6
1.44
1
81%'
*
2c
Aug
3% Mar
*
66c
14
8 Vs
Oct
68c
1.25
Mines
5%
7%C
—1
275
1.62
Mar
9Vic
Union Gas
Gold
Exploration
50
8%
1
Silver
125
__
5% Mar
17 Vi Mar
19 Vb
63c
1
Gold
500
1.47
•
75
»
21,000
18 %c
•
Malartic
7
8Vb
1
5C
7,510
7
1.18 Mar
49c
May
July
1.50
Mines
7%
Apr
20
100
10
5%
1.77
17% Mar
Jan
30
3,399
19 Ve
Apr
39c
Mar
1.38
Transcontinental Resources
City
_i_
Aug
55c
Oct
25
" 1.38
common
5%
1.60
21c
55
14,750
63c
—_50
7%
1.65
34c
6,400
55c
19 Vb
common
5 %
•
60,160
9c
Twin
Jan
Jan
3 Vac
Mines
7»A
•
5
Oils
Gold
Towagmac Exploration
Traders Finance class
Jan
45C
Jun
Jun
1
Toronto General Trusts
Jan
6C
l
Toburn
31
26
101%
9c
Tombill Gold
Nov
44c
30c
53c
25c
25 >A
1.60
1
(Pearson)
Torbrit
May
3.15
1.50 Mar
22,100
24
18%
7
1
Mines
Jan
4c
7%c
1
1
10%C Aug
2c
Nov
99% May
64c
*
Tip Top Tailors
Nov
Feb
Nov
96 V2
50c
Cons
Thurbois
May
58
8c
_*
...
1.32
1.50
Apr
Mar
45c
1
,
Mines
1.04
43
"
•
Mar
Apr
11'/a
1.50
25
.
Oct
55c
•
:
Preferred
July
1
common
7
1.50
*
—
Jan
Jan
18%
Tech-Hughes Gold Mines.....—____1
Thompson-Lundmark Gold Mines
*
Jan
8c
_
—
39c
0
Preferred
Jan
4c
Mar
Feb
12%
'
,
1
Canada
Tamblyn Ltd
Nov
12c
1,186,000
Mar
»22c
*
A
Inlet
Taylor
11,500
543,850
7 Vac
5
Mines
Sullivan
Sep
31c
5c
1.32
Mar
Mar
96
*
Sudbury Contact
Sylvanlte
26c
88c
18
505
25'/4
*
Steeloy Mining
Steep Rock Iron Mines
Burl
l
96c
of
Feb
l
•
1,175
<
45c
—•
Gold
Nov
3c
lie 13 VaC
23 J/4
99%
99
70c
48c
9% July
'
20C
21c
11c
Co
6c
15%c Aug
75c
235
23
98 Vi
23
__•
Preferred
2.25
2 Vac Mar
10
28 Vi
20
Bros
Jun
103%
31 Vac July
•
Bteel
Feb
Feb
96 %
28
1.
common
Olsen
Stedman
Jan
2.99
Starratt
26'A May
24
5,500
103 103%
Mar
25 Ve Mar
96 Vi
28
1
<N)
Stanley Brock class
Nov
27
l
Gold
Co
Jun
15
July
75
•
Standard Chemical common
Standard Paving preferred
Jan
28%
13V4May
20c
400
1
High
Sep
18,100
10
7%
100
Stadacona Mines
Jun
15
37c
*
Springer Sturgeon
Feb
10c
5c
Mines
Osuiake
For
Oct
49c
—
Pacific
Slck's
8c
1.92
Orange Crush
Orenada Gold
Sherritt
Jun
25
34c
9 VB
p£d—100
Sladen Malartic
Apr
27
65
100
6,300
5c
Mines
Omnitrans
2nd
76
Mar
1,125
9c
60c
OAs
Siscoe
Slater
Oct
9c
34c
Dairies
A
Southam Co
26%
30c
7%
Preferred
Jan
19%
276.200
10
Class®
May
9c
-
Western
Low
59c
34c
—1
Simpson's Ltd class
Jun
54c
May
Feb
2.09
—
1st
75%
14
1
O'Brien Gold Mines
St
73%
26%
1,245
__i
Ogama-Rockland'___
St
19'A
6%
15%
Mar
Silverwood
Range Since January
High
39c
A
Jan
Oct
28c
Low
58c
...
Nov
19%
14%
100
Preferred
Roxana
18%
13
48c
11%
*
Northland Mines
North Star Oil common
Roche
225
2,655
*
Gold
Inca
Reeves
13
39c
Shares
Class B
Oct
14%
io
Norseman Mines
Northern Canada
Reno
Nov
Mar
for Week
1
Miller Mines
Silverwood Dairies class
Jan
11%
11%
25c
Malartic
3
Sep
4%
22c
Silanco Mining
Silver
Jan
14
•Norpick Gold Mines
Power
17'A
100
*
Nipissing Mines
Powell
25
4%
13
10c
20
B
Rouyn Merger
Yellowknife
Pickle
2,750
48c
17%
9C
*
Pipe class A
Norzone
Page
6.10 Mar
35c
74
Gold
Pacalta
Orlac
8,292
4%
— —
5
*
Mines.
Marion
Omega
11%
Aug
40c
18%
25
Jason
Okalta
1.15
1
Calumet
New
O'Leary
2,000
39c
•
New
North
1.60
44c
•
Bidlamaque
Normetal
Sep
10%
10%
•
Car
(Win)
35c
1.40
—
Negus Mines
Nor gold
July
lie
i
National Trust
Noranda
21
5 Vac Mar
3,400
17%
Petroleum
Norbenlte
15% Mar
143,100
l
National
Nicholson
Mar
390
8c
1
National
New
75c
20 Va
6c
1.40
common
National Drug preferred
National Grocers common
Preferred
Nib
Jan
4%
Mylamaque Mines
New
Jan
18c
*
Mosher Long Lac
New
29c
Oct
1
Locomotive
Moore Corp common—.
Preferred
Newnorth
Jun
7c
*
Montreal
New
8c
8,600
35c
7 VaC
*
Modern Containers class A
Modern Tool Works
New
18,935
8%c
20
Corp
Neilsons
16c
8c
•
Sales
Range
of Prices
Par
14c
'
•
Week's
Last
Sale Price
STOCKS—
High
35c
•
Oil
Model Oils
Moneta
Low
35C
•
5
Brick
Mining
15c
Friday
Range Since January 1
High
8 %C
McWatters Gold
Mentor Exploration
Mercury Mills
Mid-Continent
Low
Shares
„
2.25
Feb
70%
28
Jun
May
6.50 Nov
42
(1938)
COMMERCIAL &
THE
•it-
FINANCIAL CHRONICLE
Monday, November 8, 1948
OVER-THE-COUNTER SECURITIES
Quotations for Friday November 5
Investing Companies
Amerex Holding
3.71
4.06
Automobile
27
Far
Bid
Ask
le
3.38
3.73
shares
Business Equipment shares-lc
Oilstocks
3.76
3.13
9 Va
9%
Electrical Equipment shares.lo
General Industries shares—lo
3.93
7.63
8.25
Home
lc
3.86
16.35
lc
3.49
None-Ferrous Metals
Paper shares
33A
Petroleum
97.98
94.06
Inv
8.32
DbCCl
8.33
15.76
17.04
lc
shares-
suaics
4.29
xo
1
1
Preferred
1"10?
Shares-
Dividend
11.24
Mutual
—1
13.82
—1
13.09
8.59
9.29
13.82
Bond
5.99
15.10
Investors
Low
Priced
Income
1
23.74
15.39
16.46
3.72
3.89
First
1.94
1.78
7.32
6.36
6.95
1 April
Series
...1
6.71
4.44
Agricultural
3.23
Aviation
New
6.80
46.43
5.06
5.43
York
'
Aviation
5.82
3.36
Bank
14.68
-1
X5.91
X5.79
6,98
Corporate
6.31
Bid
Ask
Bid
Ask
bl.55
1.30%
1.55%
7-
1-48
4-
1-49
bl.60
1.45%
3-49
bl.55
1.30%
1.55%
8-
2-48
5-
2-49
5-
1-48
2-
bl.60
1.45%
1-49
bl.55
1.35%
6-
1-48
3-
1-49
bl.55
1.40%
10.44
11.19
1.55%
10.99
12.04
1.55%
xlO.37
XlO.21
11.19
1
X7.60
X10.55
i
Metals
equipment
X
xlO.28
X9.49
X9.26
Public
6.23
X8.57
6.99
7.58
Railroad
lo
5.36
xlO.87
11.91
5.82
8.22
X5.45
5.97
X5.35
5.86
—1
X6.37
6.98
Nov.
X8.27
9.06
Nov
1
X0.53
10.44
0
1
equipment
25
Tobacco
lc
—lc
2.46
3.94
4.29,
Petroleum
lc
4.71
5.12
Putnam
Steel
lc
lo
5.09
5.53
Republic
shares
4.03
4.38
Russell Berg
shares-
lo
4.67
5.08
Bid
shares
Utility
Howe
Plan
1
Inc
Fund
10c
1.62
Incorporated
—0
20.83
Institutional
Aviation
Bank
.Investors—
Shares
(Geo)
Fund
shares
7.56
lc
Insurance Group shares
Stock and Bond Group
73c
lc
22.52
8.29
81c
98c
Standard
State
Inves
Street
Trusteed Industry Bharea—
Union Bond Fund series A
1
13.47
13.78
Keystone Custodian Funds—
B-l (Investment Bonds)--—1
B-2 (Medium Grade Bds)—1
27.27
28.52
Union Common Stock Fund
23.46
25.59
United
16.38
17.87
Wall Street Investing Corp
9.19
10.04
Wellington Fund
15.94
17.39
Whitehall
B-4
K-2
6-1
8-2
8-3
B-4
(Low Priced
Series
73c
17.60
1
23,
Fund
27.72
14.56
Diversified
12.34
81c
97.08
Bank
18.72
46.99
4.80
of the
Manhattan
Co__lQ
100
Bankers Trust
10
Brooklyn Trust
9.30
10.11
1
9.69
9.88
16.82
18.36
1
16.55
Inc
-
Trustee
100
Central Hanover Bank A Trust 20
Chase National Bank
15
Chemical Bank & Trust
10 '
16.72
Shares—
Commercial National Bank &
Trust
Bid
2.00
Independence Trust Shares——.1
Series
1955
6.52
2.13
1
8IV2
Par
Home
8
47%
49 Va
Insur Co of North America
10
50 %
52'/a
Jersey Insurance of N Y
20
20
64
7.50
2.44
American
Alliance
10
20%
22
American
Automobile
4
42 %.
American
Casualty
9
8%
10%
Massachusetts
Equitable Assur
0
American Fidelity & Casualty_5
20 Va
Merchant
14%
Merchants & Mfrs
Bid
28
Ask
20
1
$2.10 Prior preferred
10
$1.05 Convertible preferred.5
2%
American
Re-Insurance
10
27 Va
29 Va
American
Reserve
10
24 ya
26 Va
National Causalty
National Fire
American
Surety..
25
62
64 Va
10
36
Fire
Assur
New
79
Connecticut
Continental
General
Life
60 %
18%
20
84
10
88
,
10
13%
14%
45
47
21%
53
32
35
•
10
86
36%
Trust
4IV2
-
Morgan JJ P)
&
New
23
32
65
(Detroit) ..10
10
6%
7%
26%
28%
46
48
32 Va
2
28
30
Fire
10
41
44
!
5
13
15
23
24%
6
£<34
Public
83
13
14
Sterling National
Title; Guarantee & Trust
10
31%
33%
United
81
85
Northern
Pacific
Fire.
25
99
Indemnity Co
10
1978
Ask
99
Nat'l Bank A Trust. 17%
10
82
Phoenix
67
Preferred Accident
Providence-Washington
10
57
62
20
150
Cudahy Packing
10
56
60
Reinsurance Corp
Fireman's
Fund
10
71
75
Republic
13%
Ashland
$1.20
2%s
Lt
1967.
3%
1978
94%
,
Du
100
of
Frisco
*
Nashville 3%s_2003
Bell
Foremen's of Newark.
5
-
(N Y)
94%
Genera] Reinsurance Corp
Glen* Falls
,
(Hob* A
Republic
Glebe A Rutgers Fire
2nd preferred
st
Fire
Hartford
19
21
5
44
46
—5
com.._15
American
Hartford
10
Fire.
Steam boiler
15
5
10
Seaboard
Tel
3%s
1988
Elec
3s
3%
4%
33%
2
5
27
100%
100%
12%
77
10
22%
26%
Standard Accident
Power
(Alan B)
30%
lo
115
118
..10
32
34
U S Fidelity &
S Fire
Guaranty Co
U S Guarantee
&
&
Elec 3V8s
100
101'A.
100'A
101'A
100%
Edison
4.35%
pfd
Pacific Pwr A Light 3%a
1977
100%
101
Pacific
1983
Tel
3VaS
Diego Gas & El 3s
Wisc-Mlchigan
98
4.50%
98%
1978
100
100 %
Westchester Fire
3s
100
100
.
preferred
93%
94%
'
98
100
102%
103%"
91
93
J00
101%
Pow
Ser
&
Lt
105 %
102
103
102%
103%
4.40%,100
(Indiana)
3.50% preferred
Public Service of New
VA
104%
104
pfd_100
4.60%
(Colorado)
Public Service
103
100
pfd
101'A
1978
Pub
101
1978
Power
preferred
Okla Gas & El 5%%
%;
Penna
&
100'
N Y State Electric & Gas—
100%
Tel
87'%
New England Gas & Elec—
100 Va
100 Vs
ser
19%
86
Light—
1978
»
23%
18%'
20
_
.
—
—ICQ
76
79
"
Mexioo_7
14
15
;
Tennessee Gas Transm's'n Co—
414% preferred
4.100
Texas Eastern
Tucker
48%
a
Odd
28
30
10
41%
43%
included
29%
31%
change,
615
dividend.
640
2
46%-
48%
4
1
v
Ask
23
pfd_108
100%
R.1982
lo
100
U
-
.
Laboratories
preferred
City Power
preferred
4% %
3s
Bid
•
1978
New England Power 3s
10
Travelers
74
Refining
Metro
5%
76
31%
570
92
94
•
12%
13
1
-2%.
80
Surity
Security (New Haven)
Springfield Fire & Marine
28 '/a
&
convertible
4%
29
IOV2
29 %
540
preferred
1978
West Penn Power 3s
85
31%
9 '/a
72
11
100
■
95%
104
10
St Paul Fire & Marine
10
Kentucky Utilities 4%% pfd_m«
Narragansett
San
5
(Texas)
'71
Par
Oil
conv
Mont
5%
101
14%
—
40%'
38%
-
-
40%
86
12
Trust
Florida Pow A Lt 4%%
Louisville &
Pac Gas
10
155
of
221
38%
83,
28
Stocks—
100
49
34
52%
215
...
■
47
Security Issues
Bid
Arkansas Pow & Lt 3%s
7
Northeastern
16%
1,440
'
79
34%
Fire
100
28
52%
Ohio
5
River
---30
50%
12%
10,
Michigan
12.50
York
Fire Aasn
Phila
Inc.
50
29
5
New
Fidelity A Deposit of Md
Federal
Co
24
States
282
15Y8
—20
Trust
Kansas
29
2.50
Hampshire
Co
City Bank
York
28
10
4,300
_
100 1,400
26
45
Manufacturers
National
39
273
Ask
1.240
100
Trust
41.
39V2
Bid
.100
Irving Trust
Kings County Trust
Lawyers Trust
89
34%
Bank
Industrial Bank_of Commerce.
10
23
27
Pacific
employees Group Assoc
Employers Reinsurance
42 V2
104
41
55
10
Casualty
Cram A Forster Inc
40 %
100
National
Guaranty
84
58 Va
5
Fire
106%
27
4
Amsrfcrdam Casualty
North
Camden
First
318
17%
New
25
38
5
National Union Fire
—10
102V2
a
Bonding
18 Va
12%
16 Va
-
Par
25%
v
Federation Bank A Trust
Fiduciary Trust
Louisiana Pow A
Maryland Casualty common
Shippers
Ask
23%,
303
29%
68
...
-
Recent
10
Bankers &
City Banks & Trust Cos.
Bid
2.40
-—10
Boston
1.08%
3.38
1
:
Series 1956
Agricultural
Automobile
bl.14
1.03%
North Amer Trust Shares—
Aetna Life__y__._
American of Newark
1.06%
1.08%
1.08%
Empire Trust
Share*—
Ask
77 %:
American
bl.13
bl.13
bl.13
1.02%
*
Co
Continental Bank & Trust,—lo
Com Exchange Bank A
Trust_20'
Unit Type Trusts-
-99.06
46.05
Insurance
1949_.
New York
Bonds—
Aetna
Jan.
Jan. 20, 1949Jan.27, 1940.
Feb. 3; 1949,.
bl.12
Bank of New York
7.32
1
Series E
5.13
10
1.00%
1.02%
1.02%
bl.12
1948
6.49
1
Fund
Income
11.31
Par
13,
bl.ll'
1948;
84c
22.75
4.67
Casualty & Surety
1.06%
bl.12
Insurance Companies
Aetna
1.03%
bl.13
49.50
5.93
13.34
10
bl.12"
1949—
18.88
25.41
Fund—*
1948
6,
20%
21.02
1
C
20.85
4.39
Second Fund
46.50
25o
1
B
Series
''
—1
Knickerbocker Fund
Loo mis SayieB Mutual
Loom Is Sayles
4—
Stks)—1
com
76c
Union Preferred Stock Fund—1
(Speculative Bonds)
1
(Income pfd Stocks)-,
1
(Appreciation pfd Stks)_l
(Quality common Stks)_l
(Income com Stocks)—1
(Appreciation com Stks)_l
Ask
30,
Jan.
Par
Investors Management Fund
K*l
Dec.
Bid ;
Dec.
0.90%
bl.12
,
1.08
7.04
1
1948
16,
Ask
0.90%
bl.ll
*11.23
5.92
Investment Corp.*
1
Bonds)
19
1
Investment Trust of Boston;
Priced
26,
Dec.
2.76
10c
Inc
Co
13.50
(Low
1.56%
48.22
27.73
B-3
1.55%
bl.65
27.43
,*10.38
12.32
America
2.52
25.51
Inc
25.51
of
15.58
1
•
Fund
1
Co
14.49
-Selected Amer Shares
2%
Shareholders Trust of Boston..!
lc
Investment
1.50%
bl.65
1-49
bl.ll
1048
1948
Dec. 2, 1948
Dec. 9, *1948—
1
Investors Fund
Sovereign Investors
lo
bl.65
1-49
8-
1.66
,
Ltd—
Group shares
Group
Trading
Fund Inc
Scudder, Stevens & Clark
4.50
4.17
Income Foundation Fund
&
12,
18,
Nov.
2.69
lc
1-49
7-
1-48
United States Treasury Bills
1
1
Utility
7.58
6-
1-48
11-
9.39
17.12
Fund_I_l
Railroad
lc
9-1-48
10-
,
10.15
X15.63
8.12
1.65%
1.65% :
il.65% wl
.I
*
10.40
1
1
5.74
Due
11.27
I
Pacific Coast Invest
'.1
Dated
-
8.33
series-
stock
Rate
11.36
1
bond
Insurance
7.49
Due
1-48
Machinery
Merchandising
lc
Dated
1-
7.72
sharea-lc
Rate
12-
4.97
9.93
Federal Intermediate Credit Bank Debentures
0.67
1-48
7.48
Tobacco
.9618
.0251
1-48
10.45
shares
99.9490
100.0074
—
4-
7.12
8.28
Railroad Bond
.9716
3-
4.57
RR Equipment shares
Railroad stock shares
'•
.0144
.0464
99.9604
1.55%
9.64
shares
.
100.0050
100.0227
1.65%
shares lc
1°
Mining
shares
Fetroleum shares
*1%
Mar.
1, 1949
tlVeS Apr. 1, 1949
U'/aS June 1, 1949
tlVeS July 1, 1949
tl%S Oct. 1,
1949
8.69
shares__lo
7.63
Merchandising
.0409
11.06
X9.53
5.94
shares
100.0269
X7.93
Electricial
Company
1949
xlO.09
8.17
9.46
Investing
Ask
.0437
1,
i
Diversified
5.53
6.89
Low Priced
Bid
100.0288
tlVaS Feb.
.
1949
l
6.43
Institutional bond shares—lc
,
.0471
„
Indebtedness—
1,
6.35
X8.82
6.45
shares
100.0195
.
of
tlVeS Jan.
*.
6.48
.1
-
supply—
5.09
lc
bond
.0436
1%%
1950
1,
100.0287
15.74
stock
Industrial Machinery shares lc
General
119
3.67
1
Fund
lc
Fully Administered
117% 1
.1001
3.80
7.51 f
Electrical Equipment
Food shares
lVe%
6.36
3.48
Industry
1
Diversified Investment Fund-l
Diversified preferred stock—.1
shares—
Chemical
-
Certificates
1949
l,
Maturity—
.
5.55
.—1
—1
...
5.81
Building shares-
100.3
100.6
Stocks Inc—
Building
lc
1°
.
100
100.3
v__
Price
Ask
3.53
5.08
Agriculture
1°
shares
shares
shares
Automobile
Bid
4.85
...1
Chemical
j
Int. Rate
7.33
_1
Series
Automobile
•
Maturity—
Series-...1
Bond
England
5.78
5.91
/
Sept.
U. S. Certificates of Indebtedness
6.70
Low Priced Com Stock Series I
New
14.82
43.18
Fundamental Trust shares A—2
1
General Capital Corp—1
General Investors Trust—
-
Ask
100.3
7.97
12.15
Uan.
Series
5.19
Fundamental Investors Inc
Group Securities—
—
100.4
100
1949—
1949—
26.91
!
—1
Stock
13.52
1
Fund-
Bid
100.1
1949
20,
15.
29 %
27%
10
Corp
Boston
First Mutual Trust
1949_.
15,
Treasury Notes—
Industrial Stock Series
Selected Group Series
25.36
23.46
5
Fidelity Fund Inc——
Financial Industrial Fund Inc-l
.
Stock Series
25.38
1
Equity Fund Inc-j
22,
l%s
100.20
Dollar
Corp
series..
Preferred
1.52
1.38
—200
Fund
Inc
7.27
National Security Series—
151
146
5.51
Fund—
1.65s 'July
Jan.
Apr.
Other Jstutt
14.05
.1
Fund
Speculative
Balanced
98.8
97.28
100.8
Securities—
Balanced Fund
Baton A Howard-
Stock
l%s
Panama Canal 3s
15.10
Invest
National
2,940
--1
25c
Fund
24.89
Nation-Wide
13.98
12.92
^ ,840
1
Investment
Commonwealth
2%s Feb.
4.95
32.58
com—100
Securities
Delaware
3.90
30.30
—i
Fund--—
Chemical
Christiana
1 %s
97.24
u
Manhattan Bond Fund Inc..-lOo
Mass Investors Trust
1
Mass Investors 2d Fund
18.36
16.75
1
Trust
Shares
Century
1, 1053-1951
1, 1955-1953
99.24
97.12
:
point
Banks—
20.29
18.77
8
Ltd
Fund Ltd
Fund
Bullock
Loan
a
4.82
5 Va
3
3.89
A
Canadian
Home
99.16
1952-1950
4.26
Furnishings shares
4%
—1
10c
Inc
Federal
Ask
32nds of
or more
3.85
3.86
4.37
1,
one
4.28
15.04
1%S May
1%S Jan.
4.33
1
5
1
1
Bid
1%S Oct. 1, 1950-1948
3.45
lc
2
A
Bowling Green Fund Inc
Broad Street Invest Corp
Federal Land Bank Bonds—
4.15
Drug shares
4.01
X3.66
1
Tr of America—
Fund
Boston
25
10
Axe-Houghton Fund Inc
Axe-Houghton Fund B
Beneficial
Corp
Blair Holdings Corp
Bond Inv
Figures after decimal point represent
Managed Funds—
Shares
Standard
series
Shares
5.05
Corp
Business
Associated
4.59
Obligations Of Government Agencies
Mutual Funds—
1V*
Inc
Fund
American
Ask
Far
Sescuritlea
Aeronautical
Affiliated
Bid
1
Mutual Funds—
54%
78
x
Ex
n
(not
year's
included in year's
range).
range).
Admitted to
Ex-Interest,
trading N. Y. Curb,
(Un) Admitted
dividend,
e
to
Ex-rights,
Unlisted
f Flat
r
b Big
price,
Cash
Trading
sales
"A"
yield price.
k Admitted
(not
privileges,
dDef erred
to
listing
included in
wd When
delivery sales
on
N.
Y.
year's range),
delivered,
3
(not
Stock
Ex¬
t Ex-stock
wl When
Issued,
57%
75
lot sale
in
Corp
Transmission
10
2.50
34
36
Par
'
dividend paid
y
VftlUC'
on
tIn
May
z
Ex-stock
d.efault*
10.
dividend.
*These bonds
'
are
subject
to
all
Federal
taxes.
lEx
$40
*
cash
,
Volume 168
Number 4749
THE
COMMERCIAL & FINANCIAL CHRONICLE
(1939)
THE COURSE OF BANK
CLEARINGS
<»
Bank
?
1948
1947
%
$
preliminary
week
will
figures compiled by
show
a
decrease
compared
with
a
year
ago.
based upon telegraphic advices from
the chief
us,
cities of the
country, indicate that for the week ended
Saturday, Nov. 6 clearings
for all cities of the United
States from which it is possible to
obtain weekly
clearings will be 1.6% below those of the
corresponding week last year. Our prelim¬
inary total stands at $13,111,798,236 against
$13,318,141,622 for the same week in
1947.
At this center there is a
loss for the week ended
Friday of 8.2%.
Our
comparative summary for the week follows:
1
%
,
'
.
-
,
Third
Federal
Reserve
Bethlehem
894,140
1,119,963
Week Ended Nov. 6
;
Chester
1,203,334
New York
.;
,
t
1948
,
$6,641,150,405
576,232,036
803,415,593
822,000,000
770,000,000
*475.000,000
502,934,241
Philadelphia
(
Boston.
1
Kansas
_
Glty
,
:
,.r_.
_
San Francisco
r
Pittsburgh
_
+
4.5
2,923,906
713,146
2,249,204
5.2
796,000,000
2,762 ,258
707,000,000
4,734,730
4,746 ,431
2.833,860
2,329 687
3,877,487
7,616,324
4,130 431
York
Delaware—Wilmington
Jersey—Trenton
'
io,488,936
336,814,000
250,359,640
20.0,353,591
Ten eittes, five days
$9,576,070,973
$10,097,832,577
2,725,435,860
All
cities,
one
6,765,196
183,108,590
354,144,221
28,914,700
Total all cities for week
Complete and
5.2
—
2.2
—
742,318,200
ends
for the week covered
by
We
cannot furnish
Saturday and the Saturday figures
Virginia—Huntington—
District of
9.2
r
Accordingly, in the
them
the foregoing will appear
today, inasmuch
above the last day of the week in all
cases
In the elaborate detailed statement, however, which
4
we
able to
are
give final and complete results for the
ended Oct. 30.
For that week there
was
we
the
as
week
has to be estimated.
present
further
previous
below
the
—
week
ings for the whole country having amounted to
$15,437,371,570 against $14,263,310,945
in the same week in 1947.
Outside of this city there was a
gain of 9.2% the bank
clearings at this center having recorded an increase of 7.4%.
We
group the cities
according to the Federal Reserve Districts in which
they are located and from this
it appears that in New York District
(including this city) the totals record a gain
Of 7.5%, in the Boston Reserve District of
11.9% and in the Philadelphia Reserve
District, of 5.5%. In the Cleveland Reserve District the totals are
larger by 13.5%,
ih the Richmond Reserve District
by 25.7% and in the Atlanta Reserve District
by
12.4%.
The Chicago Reserve
District, shows an increase of 2.7%, the St. Louis
Reserve District of 0.8% and the
Minneapolis Reserve District of 5.3%. In the Kan¬
sas City Reserve District
the improvement is 8.7%, in the Dallas
Reserve District
10.4% and in the San Francisco Reserve District
10.3%.
following
we
furnish
a
summary
+
9.9
+
7.2
+ 17.5
+ 10.3
7.4
3,601,227
+ 12.2
5,384,579
5,599,645
255,462,527
240,744,322
720,666,123
600,350,108
272,633,487
+ 13.6
786,434,212
+ 13.5
+
Federal
Reserve
2nd
New
Reserve
7,543,000
110,410,605
3,034,484
8.6
2,885,948
+ 41.5
183,224,009
+ 12.1
60,009,243
46,343,117
408,339,567
+25.7
385,250,634
321,333,534
+
13,466,225
+ 14.8
67,080,817
+
4.6
+
15.0
210,300,000
4,067,670
+ 11.2
+ 11.3
3,798,526
2,894,064
73,305,036
3,770,823
+
92,874,055
+ 12.9'
6,039,694
485,543
Louisiana—New Orleans
3,388,032
71,159,566
6;622:266
Mississippi—Vicksburg
516,036
8.4
York
4fch
12
Cleveland
Tth
Sth
9th
10th
S
+ 11.9
513, ,877,987
451,321,102
+
7.5
7,720, ,214,876
7,530,422,585
+
5.5
827 ,777,210
"
892,737,594 ''
786,434.212
+ 13.5
720, ,666,123
"
513,422,862
408,339,567
+25.7
/
,
385 ,250,634
732,901,363
"
657,335,858
576,011,197
+ 12.4
975,945,115
950,573,857
+
2.7
855, ,039,101
695,383,969
"
543,462,216
539,171,024
+
0.8
425 ,486,794
345.226,333
-i.
556 ,223,256
7
438.542,524
416,451,970
+
5.3
333 ,506,155
10
City
"
"
523,101,885
481,166,869
+
8.7
431, 930,968
Reserve
9.6
+
5,140,964
4,371,889
5.9
476,507
—
+ 24.2
100.423,334
75,542,894
576,011,197
+12.4
556,223,256
424,261,442
1,472,054
8,334,775
6,400,218
1,597,335
9,233,508
+ 25.6
9,494,718
4,584,880
Lansing
Indiana—Fort Wayne
Indianapolis
6,112,760
6,361,282
—
2.8
—25.0
5,487,221
+ 15.9
+ 10.6
5,916,268
+ 18.3
47,730,000
4,117,784
Iowa—Cedar Rapids
I
qq 667,578
.
49,319,510
+ 23.0
3.808,479
—11.3
3,329,811
2,657,175
28,171,045
12,458,652
20,531,993
9,253,660
3,379:766
Des Moines—
4
27,850,436
Illinois—Bloomington
25,436,632
+
13,452,615
+
4.3
1,300,204
Chicago
760,046,810
Decatur
3,920,209
.
Peoria
11,593,537
;
1,057,813
10,749,377
4,725,431
...
7.9
+
4,805,534
3,701,653
267,661,255
York
1.7
—
+
0.9
now
add
Ninth
Federal
Reserve
317,563,268
167,456,029
628 ,469,658
514,566,892
Montana—Billings
14,263,310,945
+
8.2
13,622,744,601
6,859,337,752
+.
9.2
6,110,667,645
5,017,913,137
statement
showing the figures for each city for the
at—
1947
$
$
1,669,249
Inc.
or
Dec. %
1946
• /..
1945
•
—11.3
1,691,036
1,007,622
3,606.445
4,218,487
—14.5
4,102,510
3,755,933
463,599,848
+ 12.7
435,805,817
+ 10.5
1,225,098 '
1,225,355
Springfield—
7,647,790
7,726,402
5,595,145
5,373,567
26,491,379
21,992,382
New Haven
—
0.1
2,160,068
845,642
1.522.253
2,097,335
1,845,288
1.0
7,838,327
7,272,376
4.1
4,500,611
4,131,180
+ 20.5
19,894,880
17,445,188
—
+
10,757,548
10,082,172
+
6.7
9,228,112
8,532,951
24,437,500
+
0.1
24,674,200
19,802,200
1,876,212
1,376,019
+ 36.4
1,039,449
1,128,062
609,711,590
_—
Total (12 cities)
2,282,433
+ 13.9
3,002,260
3,115,476
8,201,381
5.3
333,500,155
267,661,255
+
0.5
86,763,834
+
6.4
8,909,505
Tenth
Federal
545,825,050
+ 11.9
513,877,987
2.424,219
—
7.7
+ 12.9
11,442,041
2,342,208
10,201,487
1,766,281
83,945,278
-
74,366,545
+ 12.9
72,596,540
60,020,750
1,521,521
_
Jamestown
1,200,391
+ 26.0
1,258,811
922,698
1.781,651
1,637,476
+
8.8
1,437,839
1,084,158
7,403,97*193
+
7.4
7,512,076,956
7,350,534,743
4.1
15,196,109
13,061,732
17,477,577
__
Syracuse
16,785,822
+
12.030,389
Jersey—Montclalr-
10,372.246
+ 16.0
10,105,515
7,871,989
12,895,766
Connecticut—Stamford
11,088,240
+ 16.3
8,983,894
Omaha
—
658,594
+ 20.9
796,278
759,424
735,556
52.953,989
„
6,753,452
364,,852
486 ,180
6,099,582
6,428 ,762
131,405,017
121,823 ,968
+ 44.5
440,556
+
5.4
—
5.1
340,460
6,000,408
7.9
+
214,304
370,431
4,743,785
83,016,453
3.186,017
110,836,899
4,713,383
9,168,218
287,404,411
10,876,817
8,025 ,292
317,523 .905
11,418 ,406
2,290,095
1,311 ,334
+ 74.6
060,988
2,323,484
945,665
1,553 ,678
+ 49.5
1,428,828
1,069,616
523,101,885
—
6,957,368
11,988,430
Wichita
Pueblo
2,520,151
2,765,522
11,532,233
349,466,195
—
Missouri—Kansas City
St, Joseph
^
Colorado—Colorado Springs
—
-
Total (10 cities)
Eleventh Federal
481,166,869
8.7
431,930,968
317,563,268
3.7
12,230 ,492
—13.3
—
5.7
+ 10.1
5.0
+
+
6,881,857
„
209,900,375
7,234,765
Reserve District—Dallae—
Texas—Austin
5,927,545
Fort Worth
Galveston
6,158,348
254,118,983
Dallas
230,875,000
+ 10.1
4,729,512
182,962,000
♦32,000,000
5,268,000
28,978,825
+ 10.4
21,940,904
—
3,364,977
135,103,000
17,584,845
+- 3.4
4,133,000
2,787,111
+ 36.1
2,276,702
8,923,611
3,737,000
1,896,857
6,968,631
+ 28.1
8,259,721
5,769,350
310,032,576
—,
5,097,000
3,794,437
—
Wichita Falls
Louisiana—Shreveport
Total (6 cities)
Federal
280,864,915
+10.4
224,301,839
167,456,029
Reserve District—Ian Fraaeieee—
125,902,374
108,418,207
California—Long Beach
-
Pasadena
San Jose
96,899,536
72,739,473
+ 17.2
134.359,098
+ 13.2
4,291,595
84,795,192
50,646 999
9,264,790
6,955,132
8,540,860
+
8.5
6,899,882
+
0.8
407,974,660
Utah—Salt Lake City
3,387,757
158,865,426
59,895,059
—
+ 16.1
4,204,033
Yakima
Oregon—Portland
386,516,474
+
5.6
5,888,230
367,500,677
3,552,376
68,500,184
31,287,028
6,678,434
5,168,319
307,651,424
+ 14.3
11,074,003
11,859,050
10,376,527
Santa Barbara
3,543,363
3,891,979
Stockton
8,623,371
9,161,633
797,087,258
722,399,416
15,437,371,570
7,487,221,181
—-
48,370,945
+
9.5
41,949,385
+
9.4
42,066,154
40,572,701
Grand
Total
(111
cities)
35.947,657
47,242,736
Total (10 Cites)
Outside New York
♦Estimated.
tNot
Total (12 cities)
+
+ 18.3
8,198,907,359-
7,629,995,346" ~?+
7.5
7,720,214,876
7,530,422,585
included
$Not
available.
In
totals.
u
40,842,601
5,914,809
9,481,367
2,651,938
9.0
3,127,831
5.9
8,074,584
+10.3
628,469,658
14,263,310,945
8.2
13,622,744,601
12,368,447.880
6,859,337,752
9.2
6,110,667,045
5,017,913,137
—
—
7,702,833
51,661,864
_
Jersey
527,065
512,416
—
San Francisco
7,950,150,389
—
4.3
+ 16.9
City-
—
Washington—Seattle
11,874,939
2,738,169
Buffalo
9,950,194
+ 18.3
—
451,321,102
10,954,488
_
4,426,512
416,451,970
Reserve District—Kamm
Second Federal Reserve
District—New York—
York—Albany
7,532,936
3,558,087
438,542,524
Total (7 cities).
Twelfth
Northern New
5,480,886
193,641,314
54,217,497
;
748,185
7.0
—
24,451.300
Rhode Island—Providence
New Hampshire—Manchester
Newark
6,544,068
238,520,706
68,446,707
5,669,497
6,959,093
297,261,314
1
2,245,136
New
+ 12.6
+
384,129,864
1.878,933
2,088,475
Rochester
345,226,333
5,174,041
Kansas—Topeka
2,075,632
New York—
425,486,794
3,404,591
Lincoln
522,416,263
>
New Bedford
Rlmira
0.8
Hastings
1,480,303
Blnghamton
—20.9
-
Nebraska—Fremont
First Federal Reserve District—Bosten—
Maine—Bangor
New
2,447,329
539,171,024
12,368,447,880
7,487,221,181
Connecticut—Hartford
196,200,000
76,140,010
71,289,058
1,597,265
98,062,493
86,931,415
1,492,886
11,338,977
15,437,371,570
Worcester
239,000,000
—11.7
7,837,719
224 ,301,839
—
3.4
+ 10.9
144,067,239
298,889,270
+ 10.3
1948
Lowell
+
113,256,456
102,988,421
+ 10.4
Fall River
695,383,969
District—Minneapolis—
Minneapolis
280,864,915
Massachusetts—Boston
855,039,101
279,400,000
Minnesota—Duluth
722,399,416
Portland
2.7
1,936,657
310,032,576
detailed
2,953,713
+
543,462,216
Total (4 cities)
797,087,258
our
.
125,565,093
127,160,466
"
Cities
950,573,857
3,873,628
3,536,314
288,800,000
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy
"
City
794,105
560,718,510
"5,255,6421
7,859,872
2,670,428
Eighth Federal Reserve District—St. Lnli—
Missouri—St. Louis
St. Paul
Week Ended Oct. 30
.
975,945,115
976,887
—^*,439,884
9,835,833
424,261,442
week ended Oct. 30 for four years:
Clearings
cities).
33,662,904
670,987,912
-A-ttrSh
6,669,410
3,734,862
,
+ 22.9
752,022,532
-
t
46,018,483
9.5
14,028,325
City
North Dakota—Fargo
South Dakota—Aberdeen
111
New
34,403,000
2,981,34*
t3,013,736
Wisconsin—Milwaukee
10
Francisco
1,522,066
3,210,327
5,159,481
50,942,060
6,996,568
Terre Haute
449,002
4,596,558
56:333,000
South Bend
,
'
1 jgs 699
_
Grand Rapids
+
301,271,
102,819,102
District—Chlcay
Michigan—Ann Arbor—
6
San
2,191,533
88,310,988
-600,350,108
•321,333,534
"
/
2,842,528
57,732,359
68,640,853
657,335,858
.
'
4
Minneapolis
We
926,077,522
43,089,584,
158,500,000
1945
$
_10
Total
-
1946
—16
Louis
Outside
7,629,995,346
977,084.733
or
Dec. %
7
—
11th Dallas
i2th
8,198,907,359
Inc.
6
—
Chicago
Kansas
$
545,825.050
"
Atlanta
St.
1947
609.711,590
"
—11
Richmond
6th
Cities
11,048,531
*
127,650,319
Total (10 cities)
(16
2,506,561
152,905,885
12,945,162
58,622,675
214,600,000
77,106,684
Mobile
Sioux
1,624,366
9,550,000
127,352,063
104 821.391
Florida—Jacksonville
Alabama—Birmingham—
Federal
2,223,371
1,0
+ 10.9
—
59,685,120
15,457,682
70,196,649
246,700,000
4,524,501
Macon
Seventh
7.3
—
District—Atlanta
Georgia—Atlanta
Augusta
CLEARINGS
$
12
Philadelphia
-Bth
BANK
2,652,924
202,500,228
66*912,569
Springfield
by Federal Reserve Districts:
1948
District*
Ht Boston—
«fd
OF
18,608,000
286,444,107
_
513,422,862
Federal
2,801,738
11,833,000
128,484,997
£_
SUMMARY
3,707,254
114,998,005
214,039,958
3 294 083
Tennessee—Knoxville
Total
Week Ended Oct. 30
5,594,789
158,086,665
270,151,436
22,384,900
4,231,412
2 597 126
Columbia—Washington.-.
Rockford
In the
6,153,391
170,851,885
11,716,000
Nashville
increase of 8.2%, the
aggregate of clear¬
an
732,901,363
301,285,934
26,220,400
242 458 977
—
week
827,777,210
5,057,703
'
..
Total (6 cities)
1.6
-
not available at time- of
going to press.
are
5.198.845
5.5
District—Rlehmead—
Virginia—Norfolk
Richmond——.
Carolina—Charleston
Maryland—Baltimore
+ 10.0
$13,111,798,236 $13,318,141,622
exact, details
issue of next week.
our
6,191,607
+
892,737,594
Federal Reserve
2.9
Sixth
j,
+ 63.4
309,585,893
♦Estimated.
in
1,885,014
4.4
Fifth
$12,575,823,422
810,291.403
6.066.844
4,543,547
Total (7 cities)
+ 14.8
+
—
2,477.990,845
$12,301,506,833
1,793,112
6,491,753,
0.1
5,675,447
South
day
4,078,463
6.1
-
District—Cleveland—
Pennsylvania—Pittsburgh
West
Total all cities, five
days
2,250,432
2,546,439
3,546,129
-
6,417 ,321
—13.3
281,438,200
i
2,624,278
4,235,815
+
926,077,522
Mansfield
Youngstown
3.7
7.8
194,479.918
Baltimore—
9.4
0.2
+ 21.6
-
7,619 487
—977,084,733
Columbus.
+
293,773,501
Cleveland
„
1
729,783
936,920
+
Wilkes-Barre
5.6
—
+
Other cities, five days
i
) '
<■!
832,811
3,151 484
892,000 000
3,293,044
Scranton
6.8
+
253,966,907
287,505.496
_
1,189,523
6.9
+
3,022,915
Cincinnati
Cleveland—
257,400,000
291,917,000
+ 41.1
Ohio—Canton
4.5
—
263,392,200
„,
1,194,949
793, 553
1
938,000,000
Philadelphia
Reading
Fourth Federal
Reserve
8.2
—
277,500.000
St. Louis
*
»
—10.7
%
$6,094,270,822
.
Chicago
'
»
1947
ms
S
1,125 295
Lancaster
Total (11 cities)
,
1946
1,001, 575
'
Clearings—Returns by Telegraph
or
Dec. %
District—Philadelphia—
Pennsylvania—Altoona
New
.
.
'
Inc.
,
clearings this
43
Week Ended Oct. 30
-
6,856,349
514,566,1
;
44
FINANCIAL
&
COMMERCIAL
THE
(1940)
CHRONICLE
Monday, November 8, 1948
Company and Issue—
Foreign Exchange Rates
Pursuant to the requirements of
%o the Secretary of the Treasury the
National
giye below
Witherbee
Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily
buying rate for cable transfers in the different countries of the world. We
record for the week just passed:
a
EXCHANGE
CERTIFIED
RATES
FEDERAL
BY
OCT,
29,
BANK
RESERVE
NOV.
TO
1948
4,
TREASURY
TO
TARIFF
UNDER
ACT
Union
Special
interest notes
Sherman
(unattached to
income
5%
1st
t
•
/
S
.297733'*
.297733*
.251247*
.251247*
For certain industrial products
.200000*
.200000*
Australia,
Closed
3.212313
pound
.022850
.054406
1.000000
1.000000
1.000000
.917968
.917500
.922265
.020060
.020000
.020060
.203535
Czechoslovakia, koruna
Denmark, krone
.208535
.208535
4.031484
4.031434
Closed
4.031328
England, pound sterling
(Metropolitan), franc—
.020060
.208535
-
.004671*
Free
'
.301678
rupee
Free
pound
.201580
Norway, krone
Fortugal, escudo
Npaln, peseta
Sweden, krona
Union
South
of
;
.
Africa,
4V*%
Piedmont
Golf
A. P.
.040316
6%
.091324
.278228
.233629
.232629
.233629
4.007500
4.007500
'
rate.
omitted,
.531909*t
type
of
W.
Paper Co.,
convertible
:■
•
■
merchandise.
Denver
&
Salt
Statement of Condition of the 12 Federal
Reserve Banks Combined
(In thousands of dollars)
Nov. 3.
Oct. 27,
1948
1948
$
Gold
certificates
Redemption
-
F.
1947
$
•
22,116,429
for
fund
Nov. 5,
$
22,098,431
20,412,670
R.
notes
629.302
_
Discounts
679,566
22,729.391
21,092,236
277,472
259,037
300,314
203,646
931
_
advances
253.921
320,068
—
_
and
630,960
22.745.731
Total gold ctf. reserves
Other cash
1,436
Industrial loans
Acceptances purchased
.
,
York
Ohio
i
__
_
1,917
.
__
Bills
5,130,589
5,518,151
6,139.819
0,162,069
7,047,805
832,100
879,100
859,300
Bonds
11,136.689
10.682,682
Demand deposits adjusted increased in all districts, the
principal increases being $109,000,000 in New York City,
$52,000,000 in the Cleveland District, $51,000,000 in the
Chicago District, and $41,000,000 in the Richmond Dis¬
trict.
Demand deposits credited to domestic banks de¬
creased $123,000,000 in New York City and by smaller
amounts in most of the other-districts.
23,239,197
23,242,002
22.119,079
Total loans and securities-.
Due from foreign banks
F. R. Notes of other banks—
23,500,196
23,543,452
;
■
Borrowings
and
increased $65,000,000 in New York City
$22,000,000 at all reporting member banks, and de¬
22,326,011
-
Certificates
Notes
_
_
_
13,504,284
creased
New
Bank
49
32,267
33,208
32.223
194,758
58,323
49,481.976
assets
of the assets and liabilities of
summary
49.594,486
inc. (+) or
Oct. 27,
Loans
and
Investments—total
62,405
Loans—net
Loans
Reserve
notes——
24,543,376
Other
bank—reserve
acct.
19,846,044
19.959,966
17,087,565
Treasurer—gen.
Foreign
acct,
1,472.593
1,524,372
926,397
463,134
440,554
470,896
422,701
447,007
451,503
S.
Other
—
deposits
22,204,472
Deferred availability Items
Other liab.. incl. accrued divs.
Total
capital
and
of
note
19,693
45,688,142
200.091
448 189
gold
119,709
42.406
49.594,486
46,391.,678
T
27,455
49 1%
49.0%
48.5%
make
Cash
1,674
3,024
6,072
6,070
7,227
indus¬
—_
Condition Statement of Member Banks
The
condition statement of
weekly
banks of the Federal Reserve
reporting member
System in leading cities
shows the following
principal changes for the week
ended Oct. 27: Increases of
$209,000,000 in holdings of
Treasury bills and $444,000,000 in demand deposits ad¬
justed, and a decrease of $219,000,000
posits credited to domestic banks.
in
demand
dealers
for
purchasing or carrying United States
Government and other securities increased
$44,000,000.
^
Holdings of Treasury bills
increased
$174,000,000
in
New York City and
$47,000,000 in the Cleveland District,
and ^decreased $47^000,000 in
Chicago. Holdings of Treas¬
for
2,055
2,178
+
35
+
1,524
obligations
213
Government
carrying:
obligations
+
19
193
439
,
purchasing
4%
Co.,
first
1
*
1
*
Anytime
6%
Avenue
1257
Dec
due 1962—^-Dcc
bonds, due I960—-
1
•
.——Nov
the. Diocese of
mortgage 5s, due
•Announcement
IVol. 164.
in
15
1588
1
1149
1
Co.—
1149
1 *
•
1951
this
1803
.
...
mortgage bonds, dated Dec. 1, 1939—
—Dec
4% note issue, dated Dec.
1, 1936—L——Dec
& RR.
•
*
^
and
Iron
§1511
1
"
.
Coal,
12004
Corp.—
6%
Catholic Episcopal Corp. for
In Ontario—
i
8^2%
169a
Jan
1950—-Dec
Any time
^
issue.
+Vol.
166.
IVol.
165.
-
.
1260
§Vol.
167.
Auction Sales
Transacted by R. L. Day &
Co., Boston on Wednesday,
Nov. 3:
Shares
STOCKS
.
1
$ per share
Boston
Athenaeum
($300
par)-.
Boston
Athenaeum
($300
par)
—
'245
—
245
DIVIDENDS
Dividends
first
are
grouped in two separate tables. In the
bring together all the dividends announced the
we
week.
Then we follow with a second table in
show the dividends previously
announced, but
which have not yet been
paid. Further details and ree*
we
ord of past dividend
payments in many cases are given
under the company name in our "General
and
+
25
125
The
dividends
209
—
490
+
5
7
+
8
682
271
226
+
2
39
3,879
+
2
529
_
securities—total
33,496
+
80
4.696
2,466
—
+
209
1.697
4,396
—
48
364
1,678
—
5
740
24,956
—
76
6,017
4.282
Federal
Reserve
Banks
—
59
12
14,731
vault
146
+
842
2,422
22
+
2,204
—
Name of Company
Atlantic Sugar
5%
preferred
Class
Acme
5%
Aetna
A
partic
Electric
47,442
+
14,902
—
Government
deposits
26
114
148
Alabama
$2.50
Co.,
.
___
Allied
4%
preferred
Aluminum
1
11-20
12-15
11-27
12-31
12-24
5c
11-15
-
25c
1.545
Beverage
demand
and
American
Express
American
Forging &
37
494
219
757
—
23
8
+
22
225
143
.
deposit accounts, except'
U.
8.
Govt,
Encaustic
American
Gas
Common
District
share
figures preliminary,
Common
and
a
common
page number
were
gives the location in
given in the "Chronicle."
OF
TENDER
Company and Issue—
Asuncion Port Concession
debentures
Bush Terminal Buildings Co.. 1st
mtge. bds.,
Ellicott Square Co., 1st mortgage 5% bonds
of
Page
Nov
10
due 1960__Dec
1
0
--^—Nov; 10
1254
1578
6%
Athey
Co.
1/100
1
11-19
1
11-19
12-
1
11-19
12-15
11-10
11-10
12-15
11-10
of
for
—
share
City
-
1/100
Electric
of
Co.
2-
9
—
3-15
2-
9
a
for
3-15
-
(quar.)
$1.18%
Corp. of
3-15
a
held—
dividend
25c
—
com¬
held
1-
3
2-
12-
Delaware—
20c
prior
Metal
Arts
Ltd.,
(s-a)
common
12-15
-
75c
12-15
1
25c
12-
1
11-19
$1.50
preferred
Co.,
12-
1
11-19
(quar.)—
Inc.
25c
Corp
Co.,
' 10c
common
75c
(quar.)
614 c
&
12-
1
12-
1
12-10
11-
5
12-20
12-
1
12-
1
11-12
12-
1
11-12
12-
1
11-12
Telegraph—
(accum.)
$1.68
<„
„
:
(quar.)
12-21
11-21
$1.44
1
.—.—-)•
12-21
11-21
25c
.
Corp
Refining
————
25c
(accum.)
preferred
Products
(quar.)
preferred
Telephone
preferred
Extra
12-
a
common
City Electric Co.
stock
Insulator
Farms
Atlantic
11-22
com¬
—
Atlantic
participating
Participating
77c
'
Date
Corp.. 8%
2/100
dividend
Electric
each
share
Associated
NOTICE
11-22
12-
25c
City Electric Co.
held
Anheuser-Buscn,
$3
11-22
1
11-29
12-15
dividend
stock
extra
of
preferred
Applied
1
12-
Co.—
Common
Arden
11-15
11-22
12-
held
preferred
American
6%
12-20
1
$1
share
Atlantic
Convertible
bonds, notes,
redemption,
those called under sinking fund provisions.
The date indicates the
redemption or last date for mak¬
ing tenders, and the
each
4%%
including
which the details
share
American
list of corporate
stocks called for
1-20
12-
12-15
12V2C
quarterly cash dividend—(stock
dividend)
2/100
of
for
mon
Below will be found
12-14
5c
tquar.)
dividend)
each
City
of
Common
Redemption Calls and Sinking Fund
5
12-10
12-28
5c
12V2C
(quar.)
(special)
cash
Atlantic
share
Common
share
Notices
Co.
Socket
Electric
extra
Atlantic
each
&
(stock
of
for
mon
due to holiday.
tBeginning June 30, 1948, individual loan items are reported gross,
i.e., before deduction of valuation reserves, instead of net as
previ¬
ously reported. Year-ago figures have been adjusted to a gross basis.
Co.
quarterly
Common
22,700
11-
3
12V2C
Common
Francisco
Tiling
Extra
accounts,
week
15c
1-
Corp.—
American
—
.
preferred
(accum.)
preferred
(quar.)——
361
,
;
prior
$1
(quar.)—.
convertible
20c
7
—
'
75c
_
Inc.
11-20
12-10
£5c
$1.05
(quar.).-
Industries,
12-
3
$1.25
common—
Co., 4.20% pfd. (quar.)
Laboratories, Inc. (quar.)
Stores Corp.,
common
(quar.)
329
1,406
Borrowings
preferred
1-
12-15
Power
Allied
12-15
t25c
7V2C
.
Corp.—
Holders
Payable 0) Rec.
(quar.)
(quar.)
Radio
1
When
(quar.)
common
Engineering
preferred
Aircraft
t$1.25
(s-a)
Standard
444
8,907
Interbank demand deposits:
Domestic banks
are:
Ltd.—
!
—
preferential
Corp.,
preferred
5%
Refineries,
(quar.)
4%
deposits adjusted
deposits, except Government
to
week
Share
Acadia
American
Demand
during
this
-
with
interbank
announced
Per
7
4,010
loans
securities
Debits
Corporation
Department" in the week wlien
Investment News
or
securities
de¬
Commercial, industrial, and agricultural loans in¬
creased $16,000,000 each in New
York City and in the
St. Louis District,
$15,000,000 in the Atlanta District, and
$35,000,000 at all reporting member banks, and decreased
$20,000,000 in the Chicago District.
Loans to brokers
1950—
Light, Heat A Power Co.— •
<
bonds, due 1949
Anytime
debenture bonds, due 2024—Jun. 1, '49;
mortgage 3 »/4%
Tennessee
12141
declared.
Balances with domestic banks
8.
due
A,
Alexandria
pur¬
bonds
in
+
+
carrying:
Government
*San
and
for
loans
Reserve
88
89
15,409
■.Foreign banks
cor¬
1,846
trial loans
dealers
Treasury bills
Treasury certificates of indebtedness
Treasury notes
8.
+
U.
bills
1st
Roman
1477
+2410
■
series
income bonds
Public Service Co. of
Colorado, 3% debs.,
Revere Copper & Brass, Inc.—•••"""•. ♦ \'
which
2,692
-f
Time
re¬
and F. R.
liability on
purchased for foreign
S.
—
Liabilities-
49.481,976
combined—
Contingent
respondents
Commitments to
439,823
27,543
88.413
certificate
liabilities
448.189
27^543
accounts
to deposit
193,852
S.
estate
Other
200,017
loans
Other
109
agricultural
securities
Loans to. banks
U.
U.
Total liabilities &
cap. accts.
serves,
15,288
48,799,028
or
and
Government
Other
2,188.712
12.912
S.
U.
18,936,361
2,412,930
Accounts-
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
Eatlo
22,371,899
,2,386.861
48,717,740
liabilities
Capital
Other
Other
Real
Total
brokers
chasing
U.
Member
U.
to
23,998,911
+
24,627
industrial,
.
24,113,495
Deposits:
Page
•
'
„
4%
Pennsylvania
current
1947
24,875
Loans—grosst
Commercial,
Liabilities—
Oct. 29,
1948,
(In millions of dollars),
loans.
Federal
Oct. 20,
1948*
Assets—
46,391,678
:
Si Electric
reporting
Dec. (—) Since
120,341
205,591
Date
CALLED
—
member banks follows:
2,502,427
ISSUE
„f
bonds,
money
mortgage
$26,000,000 in the New York District outside of
City and $23,000,000 in the Chicago District.
95
150,897
2,666,200
premises
Other assets—
Total
49
128,788
2,555,477
items
•
1487
1406
York
A
XTncollected
1
1
Nov 22
stock
series
Ry
4%
Gas
Power
General
banks.
707,690
Total U. S. Govt. securities-
decreased
District, and $76,000,000 at all reporting member banks.
Holdings of "other securities" decreased $58,000,000 in
New York City and $59,000,000 at all reporting member
1,369
.
indbtedness
of
$48,000,000.
Holdings of United States Government bonds decreased
$38,000,000 in New York City, $34,000,000 in the Chicago
V. 6. Govt, securities:
prior pfd.
Inc.— '
notes,
Lake
mortgage
1st
-certificates
Corp.
F, due 1955
Jan
1
Appalachian Power Co., 6% debs., series A, due 2024-July 1, *49
Butte Electric Power Co., 1st
mtge. 5s, due 1951
Anytime
Country Life Press Corp., 0% preferred stock
Dec
1
HO; So.
ury
mtge. 4% bonds, due I960—Dec
Inc., 5% debenturesDec
New
.5G1799*t
upon
Bros.
.5.61799* t
.588223*+
depends
1803
—
.531909*+
.658300*t
.588223't
tApplication
26
^
.531909*+
.6583O0*t
.531909*t
**Temporarily
•
Nov
1585
Inc.—
1958—
Century-Fox Film
Purchase
•Nominal
1
.561799*+
.658300* f
.588223*t
.561799*+
—
—
,
15
Minneapolis Gas Co., 1st mtge. 4 % bonds, due
National Sash Weight
Corp.—
1st mortgage 6%
bonds, due 1949
—T_.
.658300*1
.588223*+
——
(41
1585
-
Nov
1966
Company and Issue—
1st
Uruguay, peso
Uruguay, peso
Uruguay, peso
1
Uruguay, peso——,
12
Dec
due
ENTIRE
.201580
.040321
4.007500
1st
&
1801
1.000000
.091324
Closed
I960-,*-
Club.
G.)
1256
1
Ry.—
bonds,
mortgage bonds, due
(A.
.278228
233629
1st
Dec
Nov
due
Northern
Twentieth
.091324
4.007500.
&
1950
1960
mortgage 3% %
Riverside
.278228
—
pound
1800
1800
Co.—
due
.019583
.
1693
■
1st mtge. 4s, due
Poll-New England Theatres,
3.991542
Day
ser.
Co.—
Fibre
debentures,
debentures,
Spalding
.278228
A
Vulcanized
.144433
»
.091324
...
Terminal
Minneapolis Gas Light Co.,
National
.201580
.040300
15-year Zl/ic/c
Co.—
mortgage 3%% bonds, series A, due 1977
—Dec
1
Marshall-Wells Co., 7% ineome debentures, due 1969—Nov 15
Midi RR., 4% bonds, foreign
series, due 1960_:
Dec
1
3.991542
-
Corp.,
Rubber
1st
.915000
.201580
.040321
—
Switzerland, franc__
Hotel
.375777
•
1.000000
Election
3.991542
&
A.)
.301678
.144433
.915833
Closed
3.991542
—
.003182*
-
•
.375777
~
.004671*
.
.000186*
•'
1.000000
.919166-
—I
Zealand,
.
.301678
.375788
;
1.000000
Official
New
"1
.144416
.375762
guilder
Newfoundland, dollar—
•
.301678
.144416
peso-
Netherlands,
,004671*
t
.003190*
,
of,
846
1799
(M.
Jacksonville
1st
/ Official
Dominion
15
Giocers
Tire
1477
Co.—
debentures, due 1961, V/2%
Steel Castings Corp.,
1st
4 Va "U
4.031484
France
India,
preferred stock—Nov
mortgage bonds
Dec
1
Co., $4.25 preferred stock
Dec
1
St. George Corp., 1st
mtge. 4% bonds, due 1950_Nov 10
3%
Hanna
3.212313
1.000000
—
Free
Mexico,
*
Power
mortgage bds., series P.
General
.054406
.921562
Official
due
1797
.297733*
dollar-
Canada,
bonds,
26
.200000*
.022850
Day
and
debentures—Nov
.251247*
3.212313
Election
.054406
Page
Ltd.—
stock
1
.200000*
.022350
.054406
•
REDEMPTION
31
.297733*
3.212313
.022850
Belgium,
franc
cruzeiro
Brazil,
Ml
1959—Dec
.251247*
t
1
15
3»/4%, due 1977-Dec
Maine
Consolidated
Firestone
%
$
$
Argentina, peso—
For
"regular"' products
For
"non-regular" products—
Nov. 4
Nov. 3
Nov. 2
deb.
mortgage
and gen.
1st
Nov. 1
Jan
—Nov
1963
.»
Algoma Central Terminals,
Central
Oct. 30
Oct. 29
I4S
bonds)
due
bonds,
PARTIAL
Company and Issue—
•
1
1930
OF
Noon Buying Rate for Cable Transfers In New York
Value In United States Money
Country and Monetary Unit
♦
Jan
Corp.—
Corp.—
6%
INCLUSIVE
1948,
18
Date
Mortgage
mortgage
Pago
Nov
.
20-year collateral trust bonds, series A, due 1954
1st
FOREIGN
Date
Genesee Valley Gas Co., Inc.—
1st lien 6% bonds, due 1956
11-22
11-12
50c
-
12-15
11-22
37 VsuO
12-15
•11-22
Volume 168
Number 4749
THE
When
Per
Name of Company
Atlas
Powder
Atlas
Auto
Tack
Co.
Electric
Allied
Avon
Balfour
6%
Radio
class A
Franklin Simon Co., 4Vi% conv.
pfd.
General American
Transportation—
12-
5
11-20
12-
1
11-15
11-30
11-15
Lumber
Class
A
Class
A
Class
1
11-15
1
11-15
Y.)
11-13
11-
125c
—_
12-15
11-30
3
Belaen
Mfg.
Bibb
General
1-
3
12-10
4-
Hills
$4.20
35c
1-
3
12-10
35c
4-
1
3-10
35c
7- 2
Black
Power
&
r-
—
12-
SOc
—
Light,
Sivalls
& Bryson,
Company
Blaw-Knox
Bohack
Realty
7%
Corp.,
Woven
6%
preferred
Hose
12-21
*
12-31
1
11-26
1
11-26
Agricultural
1
11-26
11-15
Mills
11- 5
12-
Food
Bouger,
Inc.,.
fully
Bristol-Myers
Co.,
Shoe
$3,G0
Co.,
preferred
(quai-.)_l
Ltd.,. class
Mills,
(initial)
A
Cojnmon
11-15
1
12-
I-14
12-15
$1_25
M- 2
1
Railroad
12-20
Railroad
11-15
11-
1
Burton
Co.
11-
1
•
Corp.
Ytar-end
Byerjs
M.)
(A.
Company
Canada
Dominion
Malting
Sugar,
1
12-
1
11-
12-
1
1
Ltd...
11-19
6%
12-23
12-
6
Hershey
12-
6
12-
1
11-15
12-15
11-15
1-1
11-30
Celanese, Ltd., com. tyear-end)__
preferred (qUar.)—1.1—11___—_—1
$1.75
I $1.75
12-31
(quar.
J433/4C
Food
.Class
A
l4 %
Products,
Ltd.,
,11
iquar.f—■
preferred
(quar.)
12-
Chocolate
Interim
12-31
12-
Class
Corp.
12-31
12-
8
12-
11-15
1
11-12
International
Co.
1
II-15
1
11-30
I
1
11-30
1
11-15
11-26
Ltd
Ltd.,
International
5%
Canadian Silk
Canadian
?$1.12'/2
:
1-
Extra
$f.50
Corp.,
"(quar.)
A
Illinois
Public
&
Central
Surety
Ribbon
M;lls
60c
La
+37V2C
1-
3
Co.
(quar.)_
Consolidada
S.
11-15
$1
12-31
12-17
Lake
11-30
11-
(quar.)'
50c
11-15
SOc
11-30
SOc
•
(quar.
Superior
District
1
5%
conv.
Belt
Co._-
Lane-Wells
10-29
2nd
Rotary
Co,'
11-30
10-30
Seaboard
12-20
12-
7.
Second
12-14
12-
4
11-25
11-15
12-
1
Lansing Stamping Co.
12-
1
40 c
11_._1_1.
11-24
11-10
Lawrence Portland
Extra
11-24
11-10
Leonard
11-10
10-30
Loblaw
12-
11-18
15c
Chambersburg Engineering Co. (quar.)__—
Chapman Valve Mfg. Co., 7% pfd. (s-a).l—
Chesapeake & Ohio Ry.,r common (quar,
,3%% convertible preferred (quar.
Chestervill'e Mines,,Ltd.,
_l_llll^_l___
Chiksan
Company
Year-end
$3" class
.Class
A
Cochran
75c
com.
1__
Co., common
"special"
,5%. preferred
(year-endi_
12-15
12-
12-15
12-
$15
12-15
,
Marion
Marion
Power Shovel
Masonite
12-15
12-
Masscy Harris, Ltd.
1-10
12-31—
Matachewan
11-19
McCord
1212-
11-20
12-
11-20
62 Vic
12-
11-20
-
50c
-12-
11-19
"
50c
U5c
25c
2Vi%
—
cGmmon_ll_„____
40c
$1
1
11-
1- 3
11-12
1
11-12 "
1
11-15
Stock
$4
Dow
2nd
A
(cash
common
dividend
preferred
$3.25
Dr.'
Co.,
15c
12-
1
11-15
10c
12-
1
11-15
div.)__—
—1_11_111___1—__
25c
2.Vi 7a.:
(quar.)__!—_11__1_
preferred
(quaf.)l____—1.
Drug Co. (quar.)_Pepper Co.
D'ppuas Freres. Ltd.,
$1
1_
81 Vic
15c
——
1__.
4.80#
1
pfd.
15c
(quar.)
130 c
1-15
1-
12-15
12-
1-15
1-
1-15
1-
-
4V4%
3
;
"StDCk for each share
Utilities
•
held )__1__1___1__
Associates
■
(quar.)__
3
12-
1
12-
1
10-30
11-19
Exeter
—
Fljrth
common
common
Carpet
Co.,.
1__1_1__1__
(s-a)
ts-a)
Rubber
Standard
preferred
1
common
Fishman
Extra
(M.
H.)
(quar.)
Co.
(quar.)
1
(quar.)
•_
Florida
4.90#
Power
8
11-
12-
11-
8
1
45c
of
12-10
11-19
12-1
11-12
12-22
Light (quar.)___
1-
3
12-15
1-
5
12- f6
11-10
10-28
11-25
11-
40c
14c
15c
'
5
12-15
11-15
7c
11-25
11-
5
15c
12-15
12-
1
Bank
12c
11-25
11-
5
12-22
12-
6
Building Supply Industry Series.——20c
Chemical Industry Series
' 18c
Electrical Equipment Industry Series
12c
11-25
11-
5
11-25
45c
Series—-
11-15
11-
12-15
11-29
183/4c
12-10
11-22
120c
12-22
12-
1
Insurance Stock Scries
$1
12-10
12-
1
Machinery Industry Series—
Merchandising Sferies 1
12-10
12-
1
Metals Series
$9.51
25c
i
3
11-8
Food
*
Industry Series—
Government Bond
(quar.)_"__-
Corp., 4# pfd.
preferred (quar.)
12-
1
11-15*
12-
1
11-15*
)
1
1
11-15*
Railroad Series
12-
1
11-15
12-
1
11-15
50c
12-10
11-24
12-10
11-24
Oil
Railroad
Equipment Industry Series
12-
1
11-15
11-
1
Diversified
11-15
11-
1
Pacific
$1.22%
Corporate
Investment
Fund
5
11-
5
11-
5
5
11-
11-5
Fund
12-
1
11-15
10 28
10-21
10-21
12-15
12-
11-20
11-10
1
1
11-18
11- 5
12-
1
11-15
12-
1
.11-15
11-22
11-12
-20c
1
12-20
11-27
1-
.
11-10
11-27
11-10
12-10
11-18
12-10
11-18
1-14
12-24
12-10
11-20
12-
1
12-
11-18
11-18
11-26
11-15
5c
11-26
11-15
25c
(quar.)
1
5c
12-15
11-30*
27c
12-15
12-
1
130c
12-
1
11-15
25c
12-
1
11-15
25c
11-15
12-15
12-
$1.50
12-15
12-1
$1
(year-end)—
12-1
$1.75
com.
Bearing
Co.
12-
11-15
25c
12-15
12-1
75c
(quar.)_.
12-
65c
12-1
25c
(quar.)
Coal Cos.
12-10
4
1
11-19
,
11-15
11-24
10%
22%c
$2.50
fquar..)___
Corp., Ltd
11.94
12-20
11-15
12-1
11-16
12-
1
11-15
1- 2
12-15
12-15
$2%c
12- 3
11-12
112c
12-15
12- i
Virginia Dare Stores, class A ,(irreg.)___
10c
11-30
11-12
40c
12-11
11-15
$1
12-15
11-15
50c
12-15
11-19
75c
12-
1
11-16
1
11-15
Upper Canada Mines, Ltd
4%
Co., common
preferred (quar.)
Walker
$3
ll- 5
Will
11-25
11-.5
Williams
11-25
11-
5
''11-25
11-
5
5
5
11-25
11: 5
12-
12-16
11-30
(quar.)
50c
12-15
11-15
12-15
11-15
(quar.)
30c
70c
12- 1
11-15
12-
1
11-15
10c
11-15
11- 8
.L_—_1_*.
Year-end
lf-25
11-
75c
25c
$1
Westinghouse Air Brake
5
11-
(quar.)^
Condensing Co
5
11-
Corp.—
preferred (quar.)
Western Auto Supply Co.
Western
11-
11-25
—__L_L
(Northam)
convertible
11-
11-25
(quar.)_
Increased
Warren
11-5
11-25
—...
(H.)-Gooderham & Worts, Ltd.—
11-25
18c
Ltd._l_
Viceroy Mfg. Co.,
11-25
17c
•
11-15
12-30
11-25
19c
—__
3
11-18
1
62%c
Wilkes-Barre
Lace
Rpecial
&
Mfg.
-L
Baumer
Candle
(J. B.)
Company,
$1 preferred (quar.)
Woodward
Governor
5
I
(quar.)_
15c
11-15
ll- 5
-L—-
25c
11-15
11- 5
25c
common
12-
11-18
50c
12-
__'LLL_
Co—
Wrigley (Wm.), Jr. Company (special)
Monthly
'8c
Preferred Stcck
11-
12-
U2%c
Steel
13c
Bond Series
11- 3
10-28
25c
preferred
10c
Industry Shares
Coast
11-
11-25
11-25
11-25
18c
12-15"
5
11-25
Diversified
$1
11-
11c
Industry Series
Tobacco Industry Series__
Diversified Investment Fund
1
12-15
19.1(1
6c
—
12-15
50c
(quar.)
(quar.)
Mofasses"Co.~ LLl."^1 nterim)IIZZIII"
32c
Steel
1- 3
93Sic
Casualty Co., 45c conv. pfd. (s-a)
S. Printing & Lithograph, common
25c
1
11-24
12-31
1
Extm
17c
1
11-24
3
12-
2%
Die
Car
Electric
21c
:
Industry Series
Utility Industry Series——
11-25
5c
*
Public
12-
$1
(quar.)
Series
—
$1.25
25c
(quar.)
20c
-
11-15
"11-24
Walgreen
50c
Industry Series—
Aviation' Industry Series
Stock
&
Roller
Tank
5%
1-
12-
50c
preferred (quar.)
12-10
25c
—
(quar.)
—L
United
(quar.).
12-15
$1
U S
U.
Canada,
12-15
40c
—;
United
11-15
12-15
$1.37%
(quar.J
7% preferred (quar.)
Thompson Products, Inc.,
United
1
,12- 1,,
22c
20c
Corp.
Taylor & Fenn Co., 4.32% cum. pfd.
Mills, Ltd.___'____
Union
12-
"
1
$1.37%
Co.
Extra
8
York Stocks, Inc.—
Agricultural Industry Series^
ll-~5
50c
preferred
11-
12-10
11-15
$1.12%
_____
Extra
Superior Tool
•Timken
12-10
Automobile
4
11-15
11-26
1
6c
(ifreg.)
Thew Shovel Co., common
"
Extra _____
;i:
11-16
11-
12-
20c
A
Supply
Drug,
Inc.
11-17
11-15
25c
1
Flintkote Company, common
$4
Co.
preferred
12-10
,
11-18
11-15
50c
Textile
1
11-17
12-10
37V2c
Symington-Gould
12-15
12-1
37V2c
(quar.)___
il-17
$1.07
(Herman) Corp
Gas
(quar.)
(quar.)
& Paper—
(quar.
12-15
11-30
20c
Machinery
Co.
Products
12-10
12-
37V2c
12'/2c
'
97J/2c
com.
1
;
12-15
25c
Chemical
&
5c
'57<
12-31
__—
—
(quar.)
40c
Company (quar.)
Fibfe Products of Canada," Ltd.——
Fiirst Security Xorp of -Ggdeii (Utah) —
A
(quar.):
held)______
(quar.)__^
$1
Farquliar lA. B.)
B
11-26
4%
New
11-
Sterling
9
1-10
tl2'/2c
Drug
New Britain
~
11-15
12-
12- 6
12-15
50c
dividend
12-15
25c
—
(quar.)
Nelson
Stock
11-18
11-19
130c
State Fuel
(Two shares of common for
Products
Co.,
Standard Oil Co. of Ohio—
Common (cash dividend)
11-15
50c
(quar.)
4
6
$1.60
(quar.)
preferred
Forgings Corp.
11-30
J25c
(quar.)
Co.'___—
Hampton Electric (year-end)—,
Fajardo Sugar Co. of Porto Rico "(liquidat'g)
F^tnsteel Metallurgical Corp._
i.
Class
A
!
12-
12-
12-29
J$1.25
1
(irreg.)
Extra
12-15
30c
12-15
40c
common
Co.
$2
-
4
25c
(quar.)___
Chemical
$25c
2
4
59%c
Standard
'1-
6
1212-
$10c
(quar.)l
11-
50c
&
'Class
Dairy
f
(quar.)
11-15
1
12-
12-15
$ioc
11-29
12-
12-15
10%
;
common
(quar.)
preferred
3%%
12-1
8V3C
(quar.)_LL'
11-15
11-24
12-10
11-15
12-15
(quar.)_;
A
Standard-Coosa-Thatcher
11-15
1
12-15
25c
1
class
Yards
5
12-15
12-10
I20c
11-30
'
1-
,
37'/2c
____
(quar.)
11-13
12-10
1
5c
pfd.
6
11-20
1-
..
20c
12-19
11-13
11-
11-15
50c-
1
,
;
40c
_______
shares
National
*
12-
40c
(cash dividend)
100
National
11-19
11-15
<
11-13
75c
Eddy Paper Co., Lid.) class* A
Elastic Stop Nut Corp—
Electric! Auto-Lite
Ltd.
6
87V2C
(quar.)
Li
preferred
National
1 :
12-
50c
—
3
DUquesne Brewing Co. of Pittsburgh—
Stoelc dividend (one extra share of common
Eastern
Tool
_
dividend)
preference
Steel
11-15
1
$1
Spring Bed Co._„-_
Spear & Co., $5.50 1st pfd. ,(quar.)__
$5.50 2nd preferred (quar.)___,
Sports Products, Inc. (s-a)
Cylinder Gas Co.—
each
National
4%%
L_
11-15*
$1.50
(quar.)
Southern
11-10
$1
Stock dividend
-
11-10
11-10
50c
Fuel
Common
1
11-15
12-
Advance Bag
$1
»
Mills
L*
National
12-
1__
—
Chemical
(increased)
Muskegon Piston Ring Co
12-
Inc.
11-15
t2V2c
Ltd
SupplyMyear-end)
Muskegon Motor Specialties, $2 cl.
$1.05
"
DoW
Mines,
'
12-13
Skilsaw,
u
12-
87,'/2c
v
A
conv.
preferred
11-15
11-30
11-15
Co
(stcck
participating
Solventhol
12-15
11-15
1
50c
(quar.)
&
City Stock
$1.50
Southern
t25c
;
Monroe Chemical Co., $3.50 pfd.
Morgan
(J.
P.)
&
Company
Motor Wheel Corpr (qtiar.)
5
Sioux
12-15
5
1
12-
...
$1.75
(accum.)
Co., Ltd.w__
Machine
T
City Gas <fc Electric, com.
3.90%
11-
5
12-
25c
(quar.)__
—_—_
Monarch
8
II-
1-15
50c
•
11-15
1
11-17
11-15
J25c
Carpet
Extra
12-
12-1
11-5
11-12
25c
50c
pfd.
Year-end
Mountain
12-
12-
Mohawk
11-15
12-16
$1.50
11-15
37'/2c
—_____
40c
7%
Consolidated
(Robbrt)
12-15
1
5
IOV2C
-J
Extra
$1.75
Sons,
Inc., .771 pfd. iquar.)____
Dbbbk1 Houses/ Inc. (quar.)l'--l—llll—____
Extra
1-1
1
11-
1
12-1
(qpar.)
(H.) & Sons, Ltd.,
preferred
25c
(quar.)
Corporation
Mitchell
11-15
12-
Co.,
(quar.)
Corp.
,
12- 6
J30c
$4 convertible 2nd preferred (quar:)
$4.20 preferred (quar.—*11
Cushman's
12-20
12-10
U6»/4C
Cooksville Co., Ltd., 60c class A (quar.).;—-
•
11-19
t3c
Copper Range Co.,_l—
(Interim)
12-
25c
•
___.
(quar.)____
1
12-
12-
5%
1
12-15
11-12
12-15
(quar.)__
(s-a)___
International Investment
prefeired
I2V2C
(quar.■-
Manufacturing Co
12-
62 '/2c
'
(quar.)
4%%
Sioux
1
$25c
(irreg.)
12-
Consolidated Textile '-Mills, Xtd.'-ll-1—
Corp.,
Co.
12-
50c
Mines,. Ltd—
ZeUerbach
C.)
12-15
class b
Crown
(R.
_
(quar.)
Simonds Saw
12-
11-26
$1.10
common
class
Products,
11-24
12-
11-20
11-26
2'/2C
15c
B
11-15
12-15
11-15
12-1
Ry.—
Extra
14c
preferred
12 V2C
1-111
Broadcasting. System, Inc., class A
—_—lii_i:l__i_ii_—•
Commercial Shearing & Stamping
Co.—.
'Increased quarterly
_LLLLL~L~—-LL-_
42c pfd.
Class
12-15
37'/2c
(quar.)_*
12-15
25c
11-15
11-20
12-20
1-
60c
common;
12-
2
Co.,
participating
Simon
12-13
1
(quar.)
Canadian
Shellmar
11-15
12-15
20c
.
Extra
50c
1
5c
Inc._.
$3
—
1
12-
Fruit
Ltd;,
12'/2c
Mahon
*
12-
25c
$1
Macwhyte Company (quar.)__
1
$1
—
Couftauids, Ltd., ordinary
12-
A
Co.
Participating '
Corpn'»#Oc
11-15
11-29
10c
preferred
Serrick
12-15
11-15
$1
6#
convertible
.56c class
$1.50
—_———
class A
12-15
12-31
12-15
12-1
17c
(s-a)
Lyons Finance Service, Inc.,
50c
-
35c
$1
(year-end)_.
12 Vic
—:i_i:
Consolidated Press, Ltd.,
7
11-10
1_
Columbia
Coniaurum
7
I-
-
Inc.
(quar.)_^
1st pfd. (quar. )______*_
Lowney (Walter M.), Ltd
Lunkenheimer Company
12-30
1
1
(quar.)
Cement
Refineries,
Groceterias,
Lord dc Taylor,
10-25
$1
(3:a)___
Collins <fc Aiknian ,Corp, (quar.)—.1
Cblonial Stores, Inc./commdn_L~—
5%
12-
11-20
____1111___
(quar.)
preferred (quarj—
1
1-13
"
(quar,
4%. preferred
2-
11-
'
Internai'l Corp.
Foi}
3
Vic
$1.75
common____l——
(s-a)__——_1—_1
1-
*
12 Vic
(guar!)-—
w—1_.I1—-11—^-111-
A
1
+5c
87
'
—
preferred
(s'-a
Coca-Cola
'
(quar.) _1_
,
City" Baking Co., 7.%
Coca-Cola .Company,
',J
25c
$3.50
20c
fl8c
common_____
(year-end)
12-15
12-15
(111.),
Theatre, Inc., $1.50
Royalties Management
'
11-15
Colorado—
Roxy
11-15
11-15
11-15
1
5c
Manufacturing
12-10
-
1
12-
12-13
12- 8
(quar.)
Electric. Steel
5c
$1.25
preferred
15c
.1
Power,
Ashtabula
(initial)"_____
Co.
Oil
Rockwell
6
Co.,
12-
$1
&
Myers, Inc., common
participating preferred iquar.)
Participating __ _____________
_4%
11-12
15c
$1.50
11-22
11-26
11-20
Robbins
11-
•
preferred (quar.)
10-29
11-15
3
5%
15c
Chain
»
12-10
53VbC
Textile'Corp.,; common
preferred A (quar.)__2
12-
-$0.1498
11-10
12V2c
ol
convertible
10c
.
A.—
20c
.
_______—
3%%
15c
(quar.)____
—
La France
———
Co.
Mfg.
43c
American
12-10
Reliance
12-20
11-30
11-1?
11-22
(year-end)
Ray-O-Vac Company (quar,)
Regina Corp.
(irreg.)
11-15
12-10
12-10
Extra
12-20
•
11-12
12-10
(quar.)
Co
preferred
$1
Creamery Co., common
preferred
7
11-30
30c
„
15c
Service
4.40%
5c
(extra)
(quar.)—
—
_1_,
—
Century
Knudson
1
11-20
&
12-
30c
35c
_
Inc.MMass.)
Purity Bakeries Corp.
11-22
15c
preferred shares*(interim)
Industries, 4% pfd, (quar.)
Lake Shore Mines, Ltd. (quar.)
__
Insurance
&
12-
Ltd.—
——
(quar.)
West. Corp.
South
12-
1-
K30c
,—
Service—
(increased)
preferred
Central
.Extra
Ltd.—
H.)
3
11- 8
.'
K.),
Transit
25c
2—
Kress ;(S.
1-
11-15
$1,75
Richfield
12-20
12-20
11- 8
35c
quar.)
—
(H.
Portland
$4
11-30
1-15
11-15
25c
Republic Steel ;Corp.~6%' prior preferred A
.
Keystone Custodian Funds Series S-2__
11-15
12-
•
Wirebound Boxes,
class
Common
"4%
Trust,
-•
Tire
Canadian
Central
Investment
(accum.Jl_i__ .'' +$1.25
Products, $1.50 cl. A (quar.)— < i37VaC
preferred
11-10
11-30
12-15
(quar.)___
&
11-16
140c
.
11-17
12-15
(quar.)
(quar.)
11-15
t40c
Products Corp.
(quar.)
W Battery Co.
(quar.)__
:
Kent-Moore Organization, Inc. (quar.)„____
$2
?35c
*
Rlegel
_________
11- 3
11- 5
15c
Inc.
Extra
7
1
11-12
11-26
120c
(increased
Co.
12-31
12-
5
common,-
preferred
Porter
11-20
3
12-
$1
(quar.)
1
1-
11-15
75c
common
tlOc
.
11-
12-1
12-15
25c
Inc.,
12-
.
Canadian
12-10
11-15
$1.25
___.—
preferred
Public
3
eight
$1.50
Corp.
$25c
K
11-30
12-
12-22
55c.
International
1-
,
Ltd.-r-
Canada,
7%
5
11-15
12"
____^
Plywood*
\2-\l"
50c
1
1-
3
30c
.
12-15
Year-end'
4V4%
11-12
-1-6
1-
'
l$l.l2]/2
of
11-15
1
1-20
140c
Extra
12-
12-
30c
Industries,
Nickel
12-1
SOc
—
£25c
ll____l
_________—__—
11-26
$1.50
(extra)
$1.40
:
Pittsburgh Plate Glass
Pittsburgh Youngstown
11-12,
11-12
$1.06!/4
.
(quar.)
preferred (quar.)
U83/4C
common—_
Metal
A
4Vi%
8
+25c
J25c
11-26
11-26
.03
1.
k
International
8
—
+25c
Canadian
.10
.06
.005
______
iquar.)—_
—
11-12
Light & Power (increased)
Imperial Oil, Ltd. (s-a)
Imperial Tobacco Co. of Canada, Ltd.—
11-10
12-15
$1 preferred
11-12
11-26
Houston
t50c
Canadian-Fairbanks-Morse,' Ltd.
11-26
Products Corp.-—
convertible preferred B (quar.)___
12-23
J 50c
Canadian
'
.08
.07
Hercules Steel
25c
t20c
(quar.)
11-12
preferred (quar.)__
Hazel-Atlas
Glass
(quar.)__
3
t50c
Ltd.
11-26
.025
*
Breweries,
.04
6#
3
1_1___
Canadian
.01
Quarterly
11-12
11-12
__
1
Pfeiffer Brewing Co._
Philadelphia Suburban Transportation—
11-12
.025
12-
(qua!.)
Extra
11-26
.075
11-
$1.75
30c.
Co.
Pettibone Mulliken
Pitney-Bowes,
11-26
.06
1
Year-end
11-12
11-26
__
12-
$1.25
(quar.)
Pefmanente Metals Corp.
Paul, Inc. (quar.)
11-12"
.08
.015
11-15
$1.12 V2
(quar.)__
Peter
11-12
.14
.08
11-12
1
Extra
11-26
.07
__
11-12
1
12-
5
$1
Mfg.
11-26
.05
.055
_____—
preferred
11-26
.03
Stock
7%
.09
__
1
12-
55c
Insurance (quar.)
Palestine Economic Corp.
(quar.)
.10
■
each
Patchogue-Plymouth Mills Corp
Paton Manufacturing
Co., Ltd.,
.11
A.) Co., $4.25 pfd. (quar.)
Harbison-Walker Refractories, common
11-19
12-
11-12
11-12
(M.
25c
,.
(quar.fll__l___-,_—___
Co.
12-
55'c
__l__r___ll__—
...
Canada &
11-
Hanna
11-15
SOc
1-1lll—ll--—1*1.1-
(quar.)
3
25c
—______
Dixie
12-
11-12
11-26
Equipment
1
11-12
.14
11—
Utilities
11-15
11-12
.09
Tobacco
11-26
11-12
11-26
.03
12-
f$i
1
15c
Paper, $5 preferred
Clay Products Co.__
Pepperell
11-26
.02
f$l.50
Peoples Gas Light & Coke
11-26
.11
11-16
Fire
11-12
11-26
'_
Pacific
11-12
.09
__
11-16
12-10
____
Oxford
'
11-26
.12
—
Steel
11-15
12-
"
Extra
i__
Mining
$1.50
for
common
11-26
.15
.06
Bond
of
11-12
.015
.14
11-
12-10
held
11-12
.08
.08
Petroleum
share
shares
11-26
11-28
.08
11-15
11-15
15c
(quar.)
1—1_—
1——
15c>
(year-end) _________ I $1.30
Buloio Gold Dredging, Ltd." (Interim) ___1— •'; j$i
Bunker Hill & Sullivan Mining & Concen¬
trating Co." (quar.)
1_____1__1111—_
25c
Forge
Bond
One'
n-26
__
.07
12-15
Railroad
;—1--
10-20
.10
Merchandising
12-15
Co.
10-20
1
.025
Priced
130c
_i_^li.—-.
Exjtra
Buffalo
Machinery
tV/zC
—
1
11-
.105
j___
Investing Co.
Low
11-15
11-
.075
Bond
Institutional
..
3
1
1
1-31
00c
(quar-.)
•
Falls
Hill
Iudustrial
1-15
30c
____
.(year-end > __—11
$51 preferred
11-20
12-
933/4C
____
—.—.
(Class B <initiali____—
Bruijswlck-Balke-Collender Co.—
Buck
40c
_—_
(quar.)
<quar.)_'___L_'.—
common
preferred
Bruck
(interim)
common
participating,
Brown
General
1
12-13
__
.09
Administered
10-28
,()05
.15
;
___j
——
12-
£0c
______
10-29
.14
__
11-10
___
.13
.02
.075
_—1
11-10
$1
11-15
12-31
.11
11-11
15c
Power Co., 4Va# preferred
(quar.)___
River Sand, 7# preferred
(accum.)
Ohio Seamless Tube
(irreg.)
;
Okonite
(stock dividend)—
.11
__
__
.11
Electrify* Equipment
12-15
.'..__.____l_.-l—1
$1.20 preferred iquar.)
11-15
$1
.14
11-io
(quar.)__,
11-30
$1
,11
k
Chemical
'
Bourne
10c
.11
11-15
1
11-19
5
11-18
12-
35c
Ohio
11-30
6
11-25
70c
Ohio
11-
12-
$1
(quar.)
Light & Power, 6# pfd. (quar.)
preferred (quar.)
Telephone, $2.20 pfd. quar.)
4%
12-17
11-15
11-15
11-15
Ohio Associated
11-23
90c
11-25
11-25
12-20
(year-end)
Nova Scotia
3
1-
Regular Extra Total
$3.56
1
11-19
12-11
75c
75c
37V2c
Extra
12-17
1.2-10
Holders
Payable of Rec.
25c
Leather
Pacific
:
12-14
—
12-28
(s-a)
(quar.)
5
85c
Building
Co.—
9-30
11-
Co.
Northwestern National Life Insurance Co
Norwich Pharmacal Co.
25c
—
$3
(accum!)
pfd.
5
Northwestern
15c
Aviation
.
Pennsylvania RR.
25c
$1.75
Class
11-30
12-14
North
11-20
11-15
$2.50
'(non-voting)
(voting)
(s-a)
Corp. (increased quar.)
1-5
1
11-
stock
stock
Electric
$1.25
Automobile
12-12
Participating
When
share
Noma
11-1 5
(quar.)
45
Corp.—
8
11-15
•
(quar.)
25c
<s-a)_
37%c
;——
12-
$1.06 V*
(quar.)
12-
12Vic
Co.
12-
25c
Rubber
&
1
1
(quar.)
Knight Co.—
$1,80 prior preferred (s-a)
Group Securities, Inc.—
12-
—_
Boston
12-
&
30c
r
pfd.
2-1
20c
common
Extra
Graton
$1.05
(quar.)
'
Year-end
1
1-
Co.,
& Rubber Co.
$1.35
common
quar.)
4.25%
1-
Tire
Granltevillc
11-17
11-15
50c
(quar.)____——
(initial
$1.06V4
(quar.)
Corp.
(quar.)—'
Gilbert & Bennett Mfg
Golden State Co., Ltd., 4%
pfd. (quar.)
6-10
1
11-29
$1.75
(quar.t__—
preferred
A
11-15
Y. Shipbuilding
Founders
Gerity-Michigan
(quar.)—
preferred
<5.40%
1
12-29
(quar.)
preferred
6-10
2
$1
•
7#
General
<quar. i
Co.
12-
75c
Precision Equipment
Fireproofing Co., common—
3-10
1
(quar.)—
—
56V4c
Per
Name of Company
N.
,,
10c
preferred
1-10
7-
—
(quar.)
Works
♦year-encl)
series
Industries
General
1
25c
r
Manufacturing
Black
5%"
11-12
2-
25c
Co.
Iron
(quar.)
llX
(quar.)
(Extra
11-30
11-29
25c
prefeired
Belmont
12-15
$1
General
50c
—
.
preferred
15c
Dry Batteries, lac
Electric, Ltd.—
American
deposit receipts
—
$1
(quar.)
_•
preferred
$1.40
$1.40
Holder9
Payable of Rec.
il-19
ID 9
Ger.eral
Co.
.(year-end)
Co., common ,is-a)
(quar.)
(quar,)
General
12-
(quar.)u:
A
$1.40
Co.
&
preferred
12-
iN.
Canada,, Ltd.
(quar.;
$4.25
5c
U2%c
Bastian-Blessing
Common
15c
_______
Beaver
Bros.
(1941)
When
Share
Fownes
11-15
——
Shippers Insurance Co.
Quarterly
of
of Company
11-26
11-30
—-—
common
(quar.)
Co.
Name
12-10
$1.50
CHRONICLE
Per
Payable of Rec.
20c
—
&
Barber-Ellis
Holders
$12%c
tquar.)_
(quar.)
Show,
FINANCIAL
$1
(quar.l__;
preferred
Bankers
Ltd.,
Service,
Products
&
SOc
„T
iquar.)
Building
Baltimore
Share
,
(year-end)
Ccrp.
COMMERCIAL
11-25.
11-
5
Monthly
Monthly
22c
11-25
11-
5
Youngstown
23c
11-25
11-
5
Extra
-
—
Sheet
—
—
-
—
& Tube
(quar.)
3
1
11-20
25c
1- 3
12-20
25c
2-
1
3-
25c
1-20
1
2-20
$1
12-15
11-19
$1
1- 3
11-19
Monday, November 8, 1948
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(1942)
46
...
weeks
dends
give the
we
Per
(quar.)
Corp.
Vending
C.
F„ Inc. (cash dividend)
Stock dividend
Abstract Title & Mortgage Corp.
T.
Co.
Wire
Acme
750c
(quar.)
75c
—
tl5c
Ltd. (Increased)
Agnew Surpass Shoe Stores,
AUied Kid
Co.
(quar.)
37%C
11-15
12-10
10-30
11-15
725c
12- 1
J2" 6
12- 1
11- 3
11-10
11-16
c
87»/2c
$1.25
Furniture
Extra
75c
American Ice Co. 6%
Meter Co
12-18
25c
$1.75
$1.25
30c
——.
(s-a)
11-15
12-15
Co.
News
American
American
Co
American
Pulley
American
Radiator
—
.....
America ^Seating
Co
50c
$1-75
30c
12'/2c
11-15
11-30
Ampco Metal, Inc., 6% conv.
Post Products—
pfd. (s-a)
Class A
preferred
5%
$3.75
Artloom
12- 1
11-30
11- 1
20c
.15c
11-30
12-29
50c
40c
$1
12-15
12- 1
12-15
12-15
11-15
12- 1
12-20
11-15
11- 8
12- 1
12- 1
11* 1
11-15
25c
25c
3%
(quar.)
Hardware Co., Ltd.—
■>
$2
Line Co.
Coast
Line
12-13
12-13
11-10
7%
preferred
& Sons
(Joseph)
12-15
12- 1
12-15
12- 1
$1.50 1-15-49
(quar.)—
Class
A
(quar.)
(quar.)—..
Guaranty Co. of
(quar.).
•Beaunit Mills, Inc.,
(A. S.)
Belding-Corticelli,
Howell
Bertram
*
Class
1-4-49
(J.)
Extra
6%
preferred
Blauner's
'$3
-
(Increased
j——ii—:
—
Special
Violeta
of
Tax
Cuban
Less
(irreg.)
11-22
10-29
1-1-49
12-15
12-
6
11-
5
750c
12-
6
11-
5
715c
12-15
11-25
720c
11-15
10-15
7$1.25
11-15
10-29
10-28
12-
5%
Dixie
Bridge,
Malting Co.,
11-10
11-10
12-
1
11-15
12-
1
11-15
Dominion
Dominion
Tar
5%
11-
12-
11-10
11-15
11-30
11- 3
11-15
11-
5
8
10-25
1-1-49
12-17
12-
8
11-22
12-
1
11-10
1-2-49
12^15
11-10
10-20
25%
15c
11-24=
50c
11-15
75c
12-
<
:
11-10
11- 5
4
11-20
$1.25
12-31
12-10
25c
12-
11-19
1
(quar.)
Co
9-
8
75c
(quar.)
$1.06'4
$3
* 35c
12- 1
1-31
12- 1
J25c
11-15
J5c
11-15
12-14
11-15
10-15
Milling Machine, common
preferred (quar.)
—
City Investing Co. (quar.)
City of Paris Dry Goods Co., common (s-a).
7%
1st preferred (quar.)
—
7%
1st preferred (quar.)
Clearing Machine Corp. (quar.)
Cleveland Electric Illuminating Co.—
35c
12-
1
11-10
$1
12-
1
11-10
11-15
11- 3
1-1-49
li-io
11-15
12- 1
50c
60c
$1.75
1- 3
.
,
"
...
/
Colorado
5%
Columbia
-
,
.r
75c
,25c.
$1.50
v
12-
1
11-10
12-
1
11-10
12-
Central
&
Fuel
Iron
Milling
Gas
12-16
12-10
11-24
720c
lT-15
10-30
730c
11-15
10-30
725c
Co.
12-
1
11-
1
2-
1
5-
2
20c
3-1-49
20c
6-1-49
50c
11-15
10-26
87 VaC
12-31
12-14
12-
11-15
45c
(quar.)
1
Corp.—
Elevator
Inc.
System,
Ltd.
Bros.,
(quar.)
(quar.)
(quar.)
Gas
Corp..
25c
12-
1
37 '/2C
12-
*
11-
8
1
11-15
15c
11-15
10- 3
11-15
10- 3
$1.06y«
11-15
11-
75c
11-15
10-15
$1
$4.25
(quar.)
pfd.
11-15
10-30
International
Corp., Ltd
(New Hampshire)—
Co.
preferred
1
(quar.)
6%
7$1.25
730c
Gas
Utilities
pfd.
Natural
Gas
1
12-10
11- 1
12-
1
11-13
11-25
10-29
1st
1
11-15
12-15
11-18
2-1-49
1-
3
725c
1-3-49
12-
I
10-15
J
725c
10-15
11-15
1
11-
15c
12-
1
11-15
10c
(quar.)
common
12-
11-24
11-15
11- 8
$5
4
3
11-15
11-
8
30c
11-15
11-
5
50c
1-1-49
12-22
30c
12-10
11-19
762 V2c
25C
:
Rubber GOods, Ltd.—
&
12-31
12-18
$1
11-20
11-10
$1
11-20
Manufacturing
$4
B
Dwight
(s-a)
class A (irreg.)
:i_.14—
Ltd.
_
'11-2^
">*
12-10
12-1
m
1-2-49
1-2-49
12-
3
1
11-15
$1.25
11-19
10-22
21c
11-24
11-13
715c
:
Associates, $5 pfd. (accum.)_
Co., common (monthly) —
12-
21c
Boat
Emerson
11.-;$
li*2,4
$1.50
Steel
Edgewater
Monthly
H-iO
;,ii-^5 -.11-1
$1.75
$7 preferred A (accum.)
Steel Products, Ltd.—
Eastern
Eastern Sugar
'75c
V;'* 46c
V tv/zc
$6 pfd. A (accum.)
Eastern States Corp.,
Electric
*
(quar.)
(quar.)
Picher. Company,
Oil
(year-end) _4—r
Co.
Co.
Manufacturing
Leduc
East
.MX
(irreg.)
Class
Eagle
2-1-49
12-
(quar.)
preference
Eaton
1- 7
2-1-49
12-15
12- 4
25c
12-
6
11-11*
50C
1-
3
12- 15
$1
12-
1
11-20
$1.25
12-
1
11-15
750c
11-19
10-30
50c
11-15
10-30
$1
1-25-49
12-31
10c
1-1-49
12- I
Co
preferred
8%
Co.,
Drug
(quar.)
—
(quar.)
Empire District Electric Co.—
4%
guaranteed
preferred
5%
(quar.)
Empire Star Mines, Ltd
—
Employer's Reinsurance Corp. (quar.)
Emsco Derrick & Equipment—
4%
convertible preferred
(quar.)
Equity Corp.; 20c preferred (s-a)
$3 convertible preferred (quar.)_.—
Erie & Pittsburgh RR., 5% pfd. A (quar.)__
Faber Coe & Gregg, common (quar.)
12-
1
$1.25
12-
1
11-15
50c
12-
1
25c
12-13
11-30
12-
I
11-10
50c
11-20
11- 4
11-20
11- 4
37 Vz C
1U20
11-12
$2.50
1-2-49.
$2.50
4-1-49
'..
3-16
15c
12-31
"
12-10
(The)
Fairbanks
Morse
$1
(year-end)
Co.
&
Fajafdo Sugar Co. of Porto Rico—
Falstaff
Brewing
Farmers
Corp.
(quar.)
Life
Insurance
Traders
&
Bake
Inc.
Shops,
(quar.)
5c
Extra
Federal
Enterprises, Inc.—
conv.
preferred
(quar.)
Federal-Mogul
Federal
Screw
Enamel
Ferro
Cash
Works
Corp
31'Ac
25c
(quar.)
Ins.
Tire
Co.
(Newark,
& Rubber,
J.)
pfd.
$1.25
(s-a)_
(quar.)
25c
Power
Fair
Stock
4'/2% pfd.
& Light
Stores,
(cash
Inc.—
dividend)
(quar.)
11-i$;t 10-15
25c
12-, T
$1.12 y2
12-1
10c
—
i2-i5.
5%
(quar.)
dividend
'3
JQtIS
$1
12-29
62'/2C
(quar.)—________
Foote Mineral
Co.
(quar.)—
Ford Motor Co. of Canada, Ltd.—
$2.50
,
J(
$1.12V2
Corp., $2 preferred (s-a)
Fitz Simmons & Connell Dredge & Dock Co,
Florida
: 12-
11-15
First York
Food
:i2-i
12-20
;—
(s-a)
N.
4'/2%
V'-so
,
12-24
35c
Association of Philadelphia
Firemen's
12-15
10%
(stock dividend)
(quar.)
(quar.).'
preferred
.'11-20
..ii-10
■;
\d2r
Z
12-15
,12- X '
12- i 0 *11-20
12-
1
11-15
12-
1
11-15
11-26
11-
725c
11-26
11- 5
$$l
1-3-49
1-30
725c
11-26
11-
40c
12-15
11-12
725c
11-26
11- 5
15c
12-31
12-10
11-13--
11-9
(quar.)
Corp. (liquidating)
25c
$20
12- 1
11-12
11-15
(s-a)—
Consolidated PaperfCo. (quar.)—
>
25c
725c
(annual)
Foreign Light & Power
10-29
Fort
Pitt Bridge Works
$1
25c
(quar.)
4
&
Kleiser Co;
Sulphur Co.
$i
Tt-15
10-13
Foster
25c
12-1
11-20
Freeport
(quar.)
(increased).—
<
U-30
'
dividend
Firestone
il-if
12-10
12-10
12-1Q
12-1
40c
(quar.)
Corp.
.
12-15
12r3L,
15c
$1.25
11-15
Co.
(quar.)
(Syracuse)
!
10-29
75c
Fair
75c
$1.50
(quar.)_
.
Empire & Bay State Telegraph Co.—
12-10
(annual).
Consolidated Laundries Corp.
Consolidated Liquidating
12-
II-15
762V2c
Diversified Standard Securities,
Ltd.,
Consolidated
20c
3
1-
56y4c
Quarterly
Power,
11-12
1
12-20
12-15
7S1.50
Connecticut River
113 5
12-
25c
(quar.)
Durham Hosiery Mills,
Common
(accum.)
Confederation Life Association (Toronto)—
Connecticut Power Co.
Company,
Bradstreet
&
Fire
15c
Pictures
Dun
Federal
;
preferred
&
11-16
40C
(s-a)
Power
1
1-3-49
Ltd.—
Consolidated
11-10
12-10
12-10
20c
11-15
12-17
1-1-49
50c
11-15
11-^15
2-10
10-20
87V2C
1
li- 1
11-15 ; ^ It- 1
11-10
$1.12'/a
12-1
25c * '11-15
ouar.)_
7 %
11-13
2-15-49
11-15
(now
Commonwealth
Concord
12-24
1
Extra
Columbia
1
11-15
(quar.)__
Co.
convertible
Colorado
3
12-
1
on a quarterly basis)
(quar.)
Colgate-Palmolive-Peet Co., common (quar.)
$3.50 preferred
(quar.)
Colorado
1-
40c
Common
Consolidated
11-15
$1.75
$1.75
'
55c
$2.50 non-cum. preferred
Consolidated Edison Co. (N. Y.)
12-
60c*
,
„
12-1
60c
$1.50
(quar.i.
•
$3.50
20c
Common
10-30
12-20
10-30
10-25
11- 8
12- 3
15c
Monthly
10-30
,
3
$1
4%
11-19
-
9
11-
35c
(quar.)
Cincinnati
11-15
1-14
11-19
12- 1
11-
11-13
Cincinnati Gas & Electric
11-15
1
11-26
20c
Copper
Plow
12- 1
11-15
Ltd.—
preferred A (quar.)
Corporation,
common
preferred (quar.)
Dravo
10-14-49
(quar.)
preferred (quar.)
12-15
725c _j11-13
(quar.)_
•*"*'
11-15
7$1.12V2
convertible preferred (quar.)
4 V2%
4%
1
25c
Cockshutt
11- 6
40c
Paper, Ltd.—
10-25
8
A
11-13
Woolens & Worsteds, Ltd.
Donnacona
11-
6-
Class
1
11-20
—
11-16
7-15-49
Hardware,
12-
35c
50c
(quar.)
11-15
25c
Co.
12-23
60c
(quar.)
17c
(quar.)
Chemical
12-23
737V2C
$1.50
8
Cochrane-Dunlop
10-25
$1.75
.4
Drackett
8
Clorox
11-15
Ltd.— '
Co.,
8
11-15
,
11-15
40c
—
725c
Chemical
12-
$1.12W
11-29
1
7$1.25,
12-18
11-
11-20
12-20
12-
Douglas Aircraft (increased)
Dover Industries, Ltd.
(quar.)
50c
guaranteed
11-10
725c
8
3-
7%
1212-
1
35c
______
12-
12-
&
11-10
$1
Investments,
&
preferred
$1
Dunlop Tire
(quar.)
Pittsburgh RR.—
12-
(quar.)_
12-18
1-14-49
(quar.)
1
11-10
37«/2C
25c
25c
preferred
1
12-
(quar.)
(accum.)
Ltd. (auar.)
preferred
Donohue
4-15-49
$4.50
1111-
25c
15c
(quar.)
preferred
5%
11-15
25c
Corp,
11-15
1212-
35c
Stores,
1
Oil, common (quar.)
Company
11-26
*
(quar,)
Ltd.
Ltd.
Dominion-Scottish
25c
Common
11-12
11-15
737VaC
(quar.)
1
(quar.)
Cotton
1
10c
—
3
12-
(quar.)
(quar.)
1
Common
Chrysler
preferred
12-
_
12-10
12-
62'/2C
Dominion
Chicago Rock Island
Chickasha
I-1-49
$1
40c
(quar.)
common
Dominion
5%
20c
& Pacific RR.
preferred (quar.)
,i
,-t
Chicago Yellow Cab Co
8
12-10
1-1-49
Dominion
40c
—
1
11-
2
$12.25
—
(quar.)
11-15
$1.12 Va
preferred (quar.)
———
Valve Mfg. (stock dividend)
Chase
Candy Co. ,(quar.) ——
Chesapeake
Corp.
of Virginia——
Chestnut Hill Railroad
(quar.)
11-
12-
Manufacturing Corp. (quar.)
& Anglo Investment Corp., Ltd.—
Dodge
1
A
Dominion
$4.50
11- 8
11-15
75c
(quar.)
Co.
Co.,
Cup
Class
4%
Chapman
Chilton
Match
Diamond
Common
(quar.)
.
12-17
11-15
(quar.)
preferred
non-cum.
12-
(irreg.)
Co.
1-2-49
Detroit-Michigan Stove—
.•
preferred
prior
Aircraft
$1.25
BV/zC
—
—
Stock Yard Co.
Union
10-29
1
12-17
Properties
11-30
00c >*12-
1-3-49
$1.50
Mfg. Co., class A
11-10
1
8
12-17
(Irreg.)
Co.
11-15
12-
3
11-
2
12-31
50C
^
(quar.)"
1
$1.12 Vz
12-
12-
7$1.50
$2
Derby Gas & Electric Corp. (quar.)
Derby Oil Co. (Kansas). (Initial)
750c
12-10
Hudson
Monte
Denver
720c
10-15
12-16
(quar.)
(quar.)
(year-end)
Dentists Supply (N. Y.)
7% pfd. (quar.)
12- 2
Champion Paper Se Fiber, common
Chile
&
Del
85c
—
(quar.)
preferred
(quar.) —
Products, - Inc.
Floor
Dennison
20c
Certain-Teed Products—
4 Va%
preferred
10-29
Co
West
12-
...
7%
40c
(resumed)
Service
Co., S. A.
8 7/10c.
Sugar
(s-a)
(quar.)„_J_
(irreg.) __
pfd. (quar.)
Door
common
Delaware
11-22
3
11-19*
11-15
12-24
11-12*
$1.75
Co.,
10-29
*
Public
Vermont
Central
Central
&
11-22
1-
12-15
Year-end
—
Central
*
(quar.)
11-15
12-15
Deere
$1.25
(quar.)
12- l
12Vac
50c
$1
Bloch Bros. Tobacco,- common
0%
preferred (quar.)„
1
11-29
common
35c
Common
11-30
11- 1
11-15
(quar.)..
(increased
12-
1-3-49
1-2-49
717'/2c
Central Steel & Wire
,11-30
common.
(Phlla.), com.
preferred quar,)
11-15
11- 2
25c
Company
class A (quar.)
25C
1-3
(quar.)
...
1
common
m
quar.)
12-
11-10
$1.50
Davis Leather Co., Ltd.,
Common
(quar.)
Electric (quar.)
Central N. Y. Power Corp.—
3.40%
preferred
(quar.)
Central Ohio Light & Power—
3.60% preferred (quar.)
Central & South West Corp. (quar.)
Central Soya Co., Inc. (increased quar.)
11-15
11-30
preferred (quar.)
(year-end)
Best & Company (quar.)
Corp.,
11-15
Louisiana
12— 1
1-3-49
Common
Common
Foundry Co.,
11-15
-
$1
(quar.)
1
Ltd.
$4
50c
preferred
Central
12- 1
—
preferred
12-
A.)
(L.
11-15
$1
11-26
Metallic
Dahlstrom
1
10c
Co.,
27'/2C
,
'.
11- 3
4%
7%
12-17
preferred
1
12-
12-
750C
(irreg.)
prior pfd.
(accum.)
Corp.
(Irreg.)
Curtlss-Wright
_
_
7$1.75
1-3- 49
30c
11-15
Bigelow-Sariford Carpet—
11-26
;
(quar.)
12- 1
4.
Steel
preferred
11-15
Bessemer Limestone & Cement—
Bethlehem
12-15
11-22
12-15
common
(Mo.)
Co.
17V2C
(quar.)
Common
$1.183/i
7$1.50
(quar.)
& Sons, Ltd., class A
Publishing
Arizona
$1.20
B
Mfg.
Curtis
$7
10-30
6
10C
5%
Sugar,
Curtis
8
10-30
12-
28 '/aC
preferred
Inc., 3 Vz%
11-19
8
11-15
11-15
93%c
(quar.)
Co.,
75c
(quar.)
8c
10c
(s-a)
Corp.
Press,
12-20
12-17
11-16
-
50c
Sugar,
11-15
12-
12-14
11-30
735c
;
Ltd.
8%
Fcrster,
10-30
1-2-49
12-28
Inc., common
Coal
Pass
Atlantic
Cur.eo
12-
50c
12- 4
50c
....
—
(quar.)
4% special guaranteed (quar.)
Clinton Industries
(monthly)
50c
4(4%
Extra
Cuban
12-14
75c
(irreg.)
Co.
Drug
Culver
1-2-49
Tractor
(quar.)
;
Light & Power—
Caterpillar
12-14
12- 3
'
preferred (quar.)
Beneficial Corp., $6 preferred (s-a)
Berkshire
Fine Spinning
(quar.)
10-30
10-30
775c
(quar.)
11-12
11-12
12-28
(quar.)
Seal,
&
Nest
&
11-15
Ltd.—
4Vi% pfd. (quar.)
& Company
M.)
(A.
Central
Cork
11-15
—
11-18
11-18
11-15
Extra
■
Estates, Inc
Steel Co
Carson, Pirie, Scott & Co.,
Cleveland
(quar,)..
common
11-15
11-15
11-15
12- 1
12- 1
12- 4
j:
Co.,
K
1-3-49
.
11-29
11-29
50c
(quar.)
(quar.)
preferred
$2
11-12
$1
(quar.)
Cork & Seal Co.,
720c
j—
(quar.)
6% pfd.
Cos., Ltd.
Utilities, Ltd.,
Oil
Canadian
Capital
preferred
6%
Crown
Darling
(quar.)-4—
Lamp Co., Ltd.
Motor
Canadian
.
Ltd.—
preferred (quar.)
Belding Heminway Co. (quar.)
&
Cuban-American
—
737V2c
—
10-30
—
40c
30c
50c
7%
Bell
;_
25c
(quar.)..
Ltd., com.
Crum
Machine, Ltd., class A
11-29
75c
& Knowles Loom Works,
Crotnpton
Delaware
B
Canadian
Shoe Corp.
preferred
Extra
■
1-2-49
12-17
20c
25c
-
A
43A%
,
Crow's
715c
720c
Corp.,
12-22*
10-25
,
:
Class
11-19
11-12
725c
A (quar.)
Investment
class
—
Common
(quar.)
Co.
Bathurst Power & Paper Co.,
Beck
83/iC
25c
-
(quar.)
Oil
Extra
m
Class
12-31
■
America*
common
Barber (W. H.) Company (quar.)
'Barlow & Seelig Mfg., com. (irreg.)
-
Crown
12-15
(quar.)
Industrial Alcohol, Ltd., class A_
Canadian
11-15
.
n
Barnsdall
Quarterly
12-16
11-10
11-10
11-10
8c
Bond & Mortgage
11-
12-
'
Foreign
25c
class A
Imperial Mills, Ltd. (quar.)
Coty International Corp. (irreg.)—
Crane Company, 3%%
preferred (quar.)
Cribben & Sexton, 4'/2% conv. pfd. (quar.)_
720c
Canadian Ice
11-10
11-20
11-15
11-24
(monthly)
convertible
Bancroft
1
12-15
12-15
(quar.)__.
Inc.
10-22
.
Convertible
11-15
11-15
10-25
25c
715c
25c
25c
Baltimore
Bankers
11-
3
Cosmos
11-
1-
1-2-49
25c
preferred
prior
11-26
12-15
$1.13
Corporate Investors,
11-
715c
5%
12-J31
12- 1
12- 1
12- 1
12-1
56!/4C
75c
25c
25c
,
Company, 6% preferred
Porcelain Steel—-
11-
1
Common
non-cum.
Mills
Coro,
1
$3
11-22
Bakeries,
Canadian
12-14
$2
$1
$2.50
of Conn
Railroad, common.
preferred (s-a)
Atlas Imperial Diesel Engine Co.—
Series A preferred
(quar.)
Aunor Gold Mines, Ltd
—
Autocar Co., 5% series A conv. pfd. (quar.)
5% series B conv. preferred quar.)
6%
convertible preferred C (quar.)..—
Auto Electric Service Co., Ltd., common
Automatic Canteen Co. of America (quar.).
Avco Manufacturing
Corp. (irreg.)
Coast
Atlantic
11-
10-30
Extra
11-12
< 11-12
>11-12
10-29
10-28
-
11-
1
1
10-30
7$1.50
7$1.12Vi
720c
11-26
■
11-15
Ltd. (initial)
Canadian Car & Foundry Co., Ltd.—
Common
(quar.)
^
12rl0
RR
Atlantic
B
12-15
25c
a
93%c
;
11-15
732Vic
15c
$1.06 V*
11-19
(quar.)
prior preferred (quar.)
Cooper-Bessemer Corp., common
737Vic
Extra
12-10
I
,12- Jl
12- 1
12- 1
1
Extra
11-15
27Vic
(quar.)
(annual)
—
Canada Safeway, Ltd., 4Vi% pfd. (quar.)—
Canada Vinegars, Ltd. (increased)
.
5%
11-
12-
Water
A
Class
11-15
1-1-49
$1.50
$1.7$.;
$1.50
$2
Extra
Point
-
760c y1-1-49
40c ; >12-1
.
commonKqnar.)_-i—
!
6%
lstl preferred »,(quar.)...
7%
2mt preferred
(quar.)
Atchiss»i, Topeka & Santa Fe Ry (quar.)—
*
Class
Cessna
(irreg.)—i.
Baldwin
Canada
-"
715c
B
Avondale
,12-15
12- 1
93%c
...
(quar.)
5%
$4.25
11- 1
12-13
common
Associated Dry Goods,
<
11-12
11-12
10-29
10-29
"
A
West
11-12
12-15
20c
—
Class
:
12-15
15c
$1.12Va
—
Class
Atlanta
11-12
•
200%
(quar.)—.
H.)
12-18
12-18
12- 1
50c
(quar.)..—
Corp.—
(J.
12-23
12-23
$1
$3
dividend
Stock
Ashdown
Canada
11- 5
12- 6
25c
—
(quar.).
preferred (quar.)
Hoffman & Co.—
Carpet Co. (cash dividend)
Arnold,
Canada
Central
preferred
$4
11-10
12- 1
tl5c
.
Armstrong Cork Co.,
t-
1-21
50c
Steel
4.4%
Castle
-
6%
Armco
*
1
12-10
62Vic
Carpenter
Argus Corp., Ltd., common (quar,)
4Va%
convertible preference.
Arkansas
Natural Gas—;
V
12- 1
$1.80 1-31-49
dividend
Stock
11-10
11-1
11-20
Co.
(cash dividend)
Argo Oil Corp.
n
12- 1
11-15
—-
—
5
1
$3
234%
Service Co.—
preferred C (quar.)—
Cement Co., Ltd., $1.30 pfd. (quar.)
Dry Ginger Ale, common
preferred "(quar.)—1
Flooring, Ltd., class B (Initial)
Foundries & Forgings, Ltd.—
$1.10
(qjuar.)
preferred (s-a)
Archer-Daniels Midland
Extra
11-30
11-15
12-10
15c
15c
62Vic
* 25c
3
11-
12-
preferred (quar.)
common (quar.)
Varnish,
&
10-30
Crown
(quar.)
preferred
California
Mills-
Cotton
Common
6%
12-15
.
prior preferred (quar.)
Anglo-Canadian Telephone Co.—
Class A
(quar.)
Anglo-Iranian Oil Co., Ltd.—
Ordinary (Interim)
6%
.
11-8
11- 5
11-30
75c
30c
30c
Co. (quar.)
Works Co
Tobacco
Anchor
11-23
11-30
12-15
50c
Steel Foundries
Water
Extra
11-19
$1
50c
60c
-
Arcade
11-12
11-30
$1
—
Refining, common....
(Increased)
American Smelting &
American
12- 1
11-24
11- 5
12-24
12- 1
—<—
Co
Shipbuilding
Extra
12- 1
Paint
30c
(Holding), Ltd.—
5 '/2 %
preferred (s-a)
California Cotton Mills (quar.)
California Electric Power (quar.)
California Packing Corp., common (quar.)—
Canadian
Special
preferred (quar.).:—
American Re-insurance Co. (N. Y.)
(quar.).
American Safety Razor Corp. (quar,)
American
12-24
12-20
25c
1%
American
11-15
11- 5
12- fl
* 12-10
11- 1
Cook
12-
Wireless
&
5%
11-15
12-15
Extra
Cable
11-
11-20
Continental Gin Co., 4V£%
12-
50c
11-20
50c
11-15
12-
715c
50c
—
11-15
(quar.)
Jackson Co.
$1.13
12-10
(quar.)
preferred
12-15
Extra
Byron
12-10
1-3-49
(quar.)
com.
common
Extra
$3.75
12-
$1,12Va
735c
pfd. (quar.)
Butterfly Hosiery, Ltd. (s-a)
4'/2%
Brothers,
Continental Can Co.,
11-19
11-16
12-
15c
Extra
11-
1-3-49
$1
1
11-23
$1,
15c
10-29
$1.12 %
(quar.)
11-27
BlVaC
(quar.)
preferred
11-25
87'/2c
(quar.)—
4%
11-25
50c
11-18
11-20
Extra
12-15
37Vic
<—i.
$4.52
1
11-30
50c
(quar.)
common
(quar.)
(quar.)
Corp. of America,
12-
750c
-
(quar.).—.*
Co.,
12-
50c
75c
preferred
(quar.)
convertible 2nd preferred
3'4%
3Vz%
12- 1
Sanitary—
Standard
&
Common
Americarf
11-12
11-15
11-30
11-18
12-27
$1.25
5c
(quar.)
Burlington Mills, common
Extra '
Canada
—
*
(bi-monthly)
Paper Goods, 7% pfd. ( quar.)..
President Lines 5% pfd. (quar.)—
American
10-20
10-29
10-29
10-29
11-24*
11-15
11-15
Finance—
American National
preferred
11-30
11- 9
11- 9
12-10
12- 1
12- 1
12-15
12- 1
12-10
12-15
$3
pfd. (irreg.)
non-cum.
investment Co. of Illinois (quar,)
Machine & Foundry——
American
$6
12-1
75c
10c
25c
$3
37'/2c
20c
$1
—
American
■
12V2c
50c
62 Vic
-
11" 5
12-31
Co
Mfg.
(F.)
Burkart
Butler
10-21*
n"24
11-15
i(rreg.)
Ltd.
Fund,
11-13
11- 5
ll"20
12-10
750c
(s-a)
Ltd.
preferred
preferred
Container
Extra
Bullock
4%
11-15
12"15
12-15
11-15
H-15
10-30
12- 1
12- 1
10-22
Holdert
Payable of Rec.
$1
preferred
$4.50
10-30
9334c
20c
—
(quar.)
Company
11-30
11-20
-
Machine (quar.)
_
American General Corp., $2 pfd. (quar.)—
$2.50
preferred
(quar.)
——
$3 preferred (quar.)
—-American Hide & Leather, 6% pfd. (quar.).
American Home Products (monthly)...
American
preferred (quar.)
Pipe Line Co
(The) $5 prior pfd.
Die & Machine Co
3%%
Buell
11-15
12-15
50c
Buckeye
Budd
Power
5%
11-15
common
Company,
L.)
<E.
Glass,
Consumers
1
7S1
Semi-annual
Bruce
Consumers
11-15
11-26
Ltd.
Traction Light
Brazilian
10-29
11-26
712y2c
Ltd., class A (quar.)
& Power Co.,
Company,
Bowes
11-26
11-
$4
Special
11"*®
«c
Gas
Extra
Boston
preferred (quar.)
Burroughs Adding Machine
75c
$1
30c
5c
Co., common
(quar.)
Fork & Hoe
American
American
(quar.)
Woven Hose & Rubber Co. (quar.)—
Inc.
50c
4c
—
American
(quar.i
Fund,
30c
(quar.)
Co.
Can
»Year-end
(quar.)
& Company
(S.)
Mills
Boott
Consolidated
1
Ltd.
Mills,
Textile
11-24
12-
When
Per
Share
Name of Company
Payable of Rec.
Share
15c
$1
16c
50c
Company
12- 1
12-1
-
American
Payable of Rea.
11-15
11- 5
11-15
10-27
11-15
10-27
11-15
10-29
12- 1
11-15
11-15
11- 3
12-1
10-29
11-15
11-10
30c
$1.25
Steel Co. <quar.)_~
Alpha Portland Cement (irreg.) —
Aluminum Co. ol Canada, Ltd.—
4%
preferred (quar.)
Aluminium, Ltd. (quar.)
American Airlines, 3l/2% preferred (quar.).
American Arch Co. (year-end)
—
American Automobile Insurance Co. (quar.)_
American Box Board Co. (quar.)
American Business Shares
Special
Cast
AUoy
Holder$
When
25c
(quar.)—
Works, Ltd., $1 pfd. (s-a)
Acme Glove
^
8hare
20c
50c
10 %
of Company
Name
B.
A.
Blumenthal
Boston
preceding table.
A.
Name o}
Holdert
When
Per
dividends announced in previous
and not yet paid. The list does not include divi¬
announced this week, these being given in the
Below
I21/2C
750
12-
12-
1
5
11-15
1
11-15
5
'
11- 1
11-15
Volume 168
Number 4749
r
Per
When
THE
"
-
COMMERCIAL
&
FINANCIAL
Holdere
Per
1
Name of Company
,
Fruehauf
Share
Trailer Co.,
4%
preferred
Gabriel
Steel-
*Extra
.
'
Gair
v
.
Co., Ltd., 4%
(Robert)
pfd. (quar.)
Company, 6% pfd. (quar.)
Company, (quar.)
Garrett Corp.
*
Gar Wood Industries; 47a % pfd. (accum.)__
General Cigar Co., 7% pfd. (quar.)
Finance
Corp.
(quar.)
preferred C (s-a)
convertible
5%
preferred A
General
6%
Public
General
$6
General Steel
Gerrard
(S.
A.)
Goebel
Co.
Parchment
(quar.)
15c
11-
Kansas City Power &
Light, 4% pfd. (quar.)
$1
12.
11-26
11-10
25C
11-25
10-25
12-
Rubber
11-10*
1
25C
12-11
11-15
1111-
11-15
11-19
$3
Goodall-Sanford, Inc.,
11-30
4%
preferred
12-
12-15
12-
1
11-
12-11
$5
convertible
Gorham
preferred
Manufacturing
Gossard
(H.
15c
11-
1
37 %c
12-a
12-. 1
12-15
W.)
Co.
$1.25
12-15
12-
Gotham
Hosiery Co. (extra)
Inc., common (increased)
preferred __!
Grafton
&
Granby
Consolidated
*
'Power
Grand
.
Co., Ltd.,
Co.,
Ltd.,
#2.25
(stock
of
1
8
12-15
11-18
11-15
11-
25C
11-15
10-29
$2
12-10
11-10
t60c
11-15
1
Machine
Extra
Lanston
1
30C
12- 7
11-24
Lehigh
75C
12-20
11-15
Leitch
12-20
!_
$1.25
Life
$1.25 3-30-49
3-10
preferred
$1.25 6-30-49
6-10
1
11-15
Lindsay
12-30
12-16
Link-Belt Co.
Water
Co.
Corporation
dividend
(s-a)
(stock
Extra
107c
75c
Brothers Stores
(quar.)
Halliburton Oil Well Cementing Co.—
Quarterly
Co., Ltd._
Co., common (quar.)
4% convertible preferred (quar.)
Hammermill Paper Co. (old common)—
4V2V0 preferred (quar.)
47i%
preferred
(quar.)—
Oil
Class
,
Co.,
class A
11-15
12-20
12-10
12-
Light
12-14
12-14
Payable
"B"
in
class B
1
11-15
1
11-15
12-
1
11-15
12-
1
11-15
for
each
Havana Electric
&
six
(one
shares
11-30
Long-Bell
share
of
Lorain
11-22
Louisville
11-15*
Lowenstein
11-15
$1
12- ,1
11-22
$1.25
11-15
11-
37720,
(quar.)_
_„
U-15,:
10-25
f
"
$1
11-15
Stores,
11-29
Steel
25c
11-26
12-31
"Monthly
25c
1-28-49
Hires
20c
12-
1
25c
12-
1
12-15
11-10
$2
12-15
11-24
30c
11-26
11-
Home
Oil
Co.
Honolulu Oil Corp
Hooker Electrochemical Co.,
$4.25 preferred
(quar.)
H«rmel (Geo. A.)
6%
com
$1.06(4
St Company,
preferred
(N.
Extra
Oil
1
11-10
Maltine
1
11-10
5%
preferred A
11-12
Manhattan
12-13
11-12
Marathon
12-
1
11-
6
12-
1
11-
6
5%
$2.25 preferred
tions
(quar.)
11-15
Massachusetts
1
25c
11-15
11-
5
$1.25
12-30
12-20
45c
11-20
10-25
15C
11-20
11-
*
dividend
Educational
preferred
Publishing
11-22
10-30
11-26
10-30
$1
12-10
5 %
1-28-49
12-10
11-23
1-
7
11-30
30c
12-31
10-30
(quar.)
35C
1-15-49
12-15
30c
(quar.)
1-15-49
12-15
$1.75
5,% preferred (accum.)
International Silver Co._,_
$25C
(quar.)
Interstate
com.
(The),
5
10-22
(quar.)
Corp.
._
(interim)
,,12-20
11- 5
"
i
11-17
11-16
"
il- 5
.11- 5
10-16
11-15
1-3-49
12-15
12-10
10-11
Tea
474%
&
11-
5
Co., Inc.
07%
preferred
New
Method
New
York
1-2-49
12-20
1-2-49
12-20
1%
Stores,
preferred
11-15
11-30
11-
6
1-3-49
11-
6
11-15
11-10
11-
$1.25
11-
8
3
11-30
11-15
11-15
11-
1
1-15-49
1-
3
12-
1
11-19
10-29
Nothern
11-15
11-
11-15
5
11-15
11-
12-
1
11-15
12-1
11-15
12-
1
11-15
12-
1
11-15
12-15
11-15
11-10
10-27
12-
11-
1
$1
1-15-49
1-
12-15
12-
50c
12-
$1.067i
50c
I,2" 1
11-12
25c
12-
11-15*
Mid-Continental
30e
12-31
12-15
Middle States Petroleum,
$1.25
12-31
12-15
40c
12-15
preferred
year-end)
Mid-West Abrasive Co
1
11-
9
12-
1
11-
9
11-15
11-
1
62 (4 c
1-2-49
15c
11-15
11-
1
11-15
11-
1
25c
12-15
11-22
11-15
10-30
:
.
12-
$1.62 7a
—
1
25c 2 •15-49
a—.
11-15
2-
5
12- 14
-15c
11-19
12-10;'
$1.18%
11-15
'
i-3-49
60c
—
;'&25
_—
class B (year-end)
-
' 12-
tY
'
12-2^'
'60c " 12-2&"
81.20
5c
12-10
11-
i
11-27*
12-22 r' 11-27*
12-
1
11-16
(year-end)
11-27
12-il
11-10
"41-15
12-15
11-30
20c
(quar.)
>
20c:
3
12-15
11-30
25c
11-
11-15
1
11-
5
60c
11-15
11-
1
$1
12-10
11-39
50c
12-10
11-19
30c
12-
1
10-20
50c
12-
1
11-15
93 %C
1-1-49
12-10
$1.127a
1-2-49
(s-a)
Gas
&
Corp.—
12-10
20c
11-15
11-
65c
11-15
11- 1
50c
12-
1
11-15
12-15
12- 1
12-
25c
•
$1
.
1
11-10
11-10
10-14
Corp
8c
12-
8
11-12
tl Vat
12-23
12-16
20e
12-23
13-38I
75c
11-15
10-25
$7c
11-19
55c
11-26
11-12
50c
11-26
11-10
10c
11-26
11-10
Finance
(quar.)
(resumed)
Ltd.
—
Gas
Ltd., 7%
pfd.
$$1.75
(quar.)__
12-
10-3©
1
10-27
$25C
1- 3
11-24
25C
'
12-20
11-30
Natural
Gas,
common
Steel
Common
10-29
10-29
15C
11-20
11-10
$50c
10-15
11-15
10-15
69 %C
12-10
11-19
20C
11-15
10-30
20c
11-15
10-30
deducted.
(Ohio),
class
4727f
B
preferred
$1.12 7a
(quar.)
&
Glass
Mfg.
Finance
Pacific
Gas
it
1
12-15
377aC
12-10
11-30
12-1
11-15
45C
common
Co.
Co._,_
Associates,- In#.,
Pacific
1-
90C
(Minn.),
11-25
11- 1
preferred quar.)
Owens-Illinois
1
11-15
$-
Marine
11-10
$#1.75
A
Falls Corp.,
Power
11-
1
$25c
is
Company
11-10
12-
Ltd.—
(quar.)
tax
12-10
$$3
:
O-O'Kiep Copper Co., Ltd., American shares
Payment of 3s 9d or 69%c after South
African
12-10
$50c
(quar.)
preferred
5
11-15
*
(s-a)
Co.,
11-
11-15
-
*
Products
12-14
50c
—
(quar.)
Ry.
11- 5
59%C
common
'
Quebec
5-31
12-14
40c
A^ (quar.)
Corp.!
Coal
2-28
6-20-49
25c
(quar.)
preferred
Tail
11-10
Corp.—
:
Ontario
Pacific
12-15
$$1.25;
25c
&
$3.60
11-27
25c 3-21-49
Ontario
Otter
12-15
$1.0674
Co.,'common
Corp.,
Class
5
11-17
25c
Company
Ben
Osgood
5
11-
1
11-22
Extra
7%
11-
12-
11-26
$1
_
Bancorporation
Oil
Outboard
'
common-—
(irreg.)
12-15
11-17
50c
0
$1
Common
Oswego
"
A
12-
377ac
(quar.)—
Petroleum
9
$1.75
Mickelberry's Food Products,
$2.40
preferred
(quar.)
11-.
11-15
12-10
Extra
1
11- 4
12-19
25c
Common
Old
11-15
15c
(initial)
1
Oklahoma
Match
Oliver
11-16
11-
12-10
Empire Mines,
4%%
12-, 1
11-15
75c
Special
Ogilvie Flour Mills,
Common
(quar.)
Ohio
10-29
377aC
preferred
Northwest
Ohio
11-30
53y8c
80c prior preferred
North American Oil Consolidated
Oklahoma
11-
12-
15c
4
12-15
(quar.)—
Mining
Northern
12-
1%
12-15
(quar.)
American
12- 6
12-15
(quar.)
common
Normetal
North
11-22
$1
preferred
11-10
12-3
12-15
12-15'
Extra
12-20
1-2-49
1-3-49
1-3-49
Newport News Shipbuilding & Dry Dock Co.
Niagara Share Corp., class B (irreg;) —
Nopco Chemical Co., 4% pfd. ser. A (quar.)
Norfolk & Western Ry., common
(quar.)
4%
12-»
1>18
1
1-3-49
—
$4.50 preferred (quar.)
Newmarket Mfg. Co.
Year-end
11-30
1
(quar,)
u.;
12-15
12-
50%
Co
Electric
preferred
1-3-49
1-3-49
(quar.)
11-12
Class
12-20
11-26
60c
(quar.)_
Merrltt-Chapman it Scott Corp.—
6'/a % preferred
(quar.)
Messenger Corp.
434 %
1-2-49
3%%
12-15
$3.50
Corp.
Brake
11-12
1
$1.25
(s-a)
State
11-15
12-
$1.12%
»
common
Finance
Air
York
12-15
15c
(quar.)
Meter Co., common
preferred (quar.)
Jersey Zinc
Special
1
12-31
12-10
$15c
$2.40
11-
10-28
$1.75
New
11-15
6
11-15
7
477aC
Neptune
1
9*
12-
$l,127a
Neilston (Wm.), Ltd., 5%
pfd. (quar.)
Nedman-Marcus Co., 4 7» % preferred (quar.)»
Neisner Brotf., Inc., (quar.)
f:'
Extra '
10-11
11-
12-20
$2.50
common
Fibre
Co.,
12-
11-30
$15c
(s-a)
Cement
12- 7
1-14-49
$1.50
common
(quar.)
(quar.)
Co., new
1-14-49
30c
Naumkeag Steam Cotton (year-end)
Nazareth
12-
$1.75
(quar.)
Company,
Natomas Company
11-
25c
Special
Mercantile
11- 9
Canada,
preferred
12-10
30c
Frank
11-10
$2
Co.,
preferred
11-15
15074c
Robbins, common (quar.)
preferred
(quar.)
Dredging
(quar.)
Mead
Corporation, common
—
4(4 % preferred
(quar.)___
$2
second preferred
(quar.)
Meadville Telephone Co., common (quar.)__
5%
preferred
(s-a)
11-
1
11-15
*25c
$4
1
12-
>1:49
1
85C
——
McWilliams
11-15
1
11-
$$1.00 7a
12-
9*
11-15
93 %C
(quar.)
&
$1.25
International Utilities Corp.
preferred
11-
1947)
Michigan Consolidated Gas Co.—.
$1
Company
1
11-19
1
93 %C V
_______
Oil
$1.50
Special
prior
12-
3-20
75C
Extra
Meier
11-1
1
50c
Linen
Vulcanized
1
11-
40C
—
—
'
Co.—
(accum.)
Harvester Co., common
preferred
Intertype
11-
11-15
20c
International Petroleum Co., Ltd
International Railways of Central America—
57c
1
1
1
;
Machinery
Special
7%
8
1
12-
20c
—
:____
International
$3,50
8
McKesson
6
25C
Cigar
International
?
11-
12-
group
(quar.)
'dividend
11-22
12-
$1.50
•
'Stock
12-
10-
Hoiifery
National
11-
10%
Co., Ltd., common—
McGraw-Hill Publishing
Mclntyre Porcupine Mines, Ltd. (quar.)
12-10
11-10
11-23
12-
$1.75
(quar.)
Mills, Ltd., class A (quar.)
Transit
11-15
a27a%
(quar.)___
(quar.)
McColl-Frontenac
7J>C
8
(series
11-25
627aO
preferred
non-cum. 1st preferred
National Gyp$um Co., $4.50
pfd.
National
Co.—
;
preferred
preferred
75c
Machines—
International
$3.75
$3.40
1*
$1.25
(year-end)
Shares, aviation
^tock & bond group
International Business
,;Cash
Insurance
Department Stores, common
$3.75
preferred
(quar.)__
3%
Co.
'
&
12-ia
$1
2nd
non-cum.
12-20
12-13
5C
Quarterly
_—-—
Institutional
Bonding
Ry
Corp. (quar.)
Fibres, Inc. (quar.)
Co., common
National
Communica¬
May
'
IhlRnd Steel
Marine
11-15
Imperial Chemical Industries—
Ordinary shares (interim)
Industrial Rayon Corp. quar.)
Ingersoll-Rand Co. (quar.)
3%
35C
Realization
11-
Louis
St.
5%
$1.25
—
—
Mar-Tex
12-
&
(quar.)
11-12
11- 3
4-1-49
35c
(quar.)
common
(quar.)
11-15
11-15
12-10
12e
Dehydrating & Milling Co.
1
20c
11-29
1
1
$1.0674
common
Ltd., ordinary (interim)
Marine Magnesium Products (stock dividend)
12(40
(Tom) Peanut Co. (quar.)
Huttig Sash & Door Co., 5% pfd. (quar.)
Idaho Power Co., common
Illinois
Zinc
Co.
(quar.)
'■'
Co.,
5674c
;_
12-20
1-2
12-28
50c
1-2-49
25c
25c
(quar.)
1212-
.
25C
(quar.)
(quar.)—_______
11-10
1
12-JO
50c
7% pfd. A (quar.)
Service, common (quar.)
47a%
preferred (quar.)
5% preferred (quar.)
•
National Tank Cp. (stock dividend)
$50c
12-10
12-
11-15
12-20
40c
National 'Lead
75c
$1.25
Huston
/.Year-end
Co.
11-30
1
$1.50
'
VaC
preferred (quar.)_
International
Marconi
Hussman Refrigerator
.
Shirt
Corp.,
preferred
12-15
12-
25c
Biscuit
National
$3
(quar.)
12-
12(40
2-24
25c
12-
Company, common
10c
Refining Co
punt Foods, Inc., com. (quar.)
5% preferred (quar.)
8-10-49
,
20c
37 (4 C
&
11-24
30c
(irreg.)
$1.06(4
—
•Humble
preferred
Company,
11-30
40c
Co
convertible preferred
National Erie Corp.
2-24
12-10
$1.75
Madison Square Garden Corp. (quar.)
(The)
12-15
377aC
National Container Corp. (quar.)
National Drug & Chemical Co. of
New
Macmillan
12-13
8-10-49
10c
"(quar.)".
Working Co.
preferred
11-15
11-15
20c
(s-a)_
11-15
12-15
627aC
com.
11-15
3
of America—
Alfalfa
25C
11-10
t$l
11-24
'
^
10-30
(quar.)
12-10
'1272C
(s-a)_
m-
12- 1
10c
Car
«-
convertible
Brewing Co.,
preferred
(quar.)
National Cash Register Co.
(year-end)
National Casket Co.,
common
$7 preferred (quar.)_
11-10
7a C
11-15
$$1
Motor
•
11-30
Publications
non-cum.
(Geo.)
3
12-
12-15
35c
:
12-
35C
(s-a)
Special
11-10
$25C
$5
Development—
7%
11- 3
50c
—
$1.25
Extra
Hudson
12-
$1
(s-a)
$1.50
—
1
11-30
11-
10-30
_
preferred (quar.);
Howard Stores Corp., com. (quar.)
4(4% preferred (quar.)
Hudson Bay Mining & Smelting (quar.)
3
12-
(s-a)__
12-
Y.)—
5%
,
-
(Phlla.)
Co.
11-15
2
&
lc
preferred
National
6
11-
1
11-
________
12-28
,
11-
12-
11-
—-—-V-,
Participating (irreg.)
Mackintosh-Hemphill Co.
MacLaren Power it Paper Co.
4
Mining
40c
11-20
11-
(quar.)
participating
12-10
11-16
25c
$1.50
12-20
11-10
12-
1-18
MacFadden
50c
10-30
88c
(quar.)
'
•
Corp
1
$1.06
it M. Consolidated
Wood
11-15
1
6272.0
Corporation
M.
1
11-30
12-
11-15
(quar,)__
621/2 c
common
(quar.)
Horn it Hardart Co.
12-21
&
1
20c
Corp.
377aC
M.
1
1211-
11-15
12-
11-19
25c
(Chas.-E.) Company (quar.)
(Henry) & Co., $1 class A (quar.)
11-16
11-
12-15
11-20
,
30c
50c
Inc
SXtrdl
11-15
Holt
_
11-15
1
25C
12-
(quar.)
(quar.)
common
Lynchburg &, Abingdon Telegraph Co.
25c
.'Monthly
11-15
75C
(s-a)
common
Chattanooga
3.80%
Lynch
& M.
12-15
$43c
Automotive
62 V2 C
11-15
J.
(quar.)
National
$1.60
11-26
M.
pfd.
12- 1
11-10
5%
11-15
.
12-10
1
12-
11-10
112 V4c
—
12-
32c
& Co.—
12-1
12-10
,
Mills
Acme
National
12-10
$1.75
(increased
Nashville
National
12-10
1
60C
"
80c
1
t25c
(Mo.)
Lumbermans Insurance
11-10
(quar.)_.
12-
1
—
Co.
1
12-
50c
10-25
12-15
$1
(quar.)
Lucky
Lukens
12-
Aluminate
1
—
preferred
A
11-10
$1.627a
;
National
WVz C
RR.
1
1
12-
.
& Sons,
12-
8
(Md.) —
Nashville
(M.)
ll~ltt
$1
11-
50c
(quar.)
Special
,4V\'fo preferred
4
25c
___
___—
it
11-26
12-1
11-
12-
'
preferred
convertible
10-27
11-20
50C
1
& Dock—•
Coal
10-29
12-15
12-15
12-
J25C
Co.
11-15
25c
IV4C
50c
Co.,
Oil
Corp.
National
(accum.)
convertible
11-25
12-15
.
..
Hibbard, Spencer, Bartlett
Monthly
A
Lumber
$3.25
11-29
$1.10
Co.
9-20
$1.75
Ltd.,
.
11-15
25c
8
$1.10
(quar.)
50c
Herspey Chocolate. Corp., common
$4 convertible preferred (quar.)__
Hewitt-Robins, Inc.* (quar.)
Heywood-Wakefield Co., common
B
5%
11-10
Co.—
Lumber
6-20
10-2-49
*lc
Nachman
10-29
25C
—
75c
Hecla
preferred
10-22
1
87V2c
(quar.)_—
(quar.)
class
5%
6% 1st preferred (accum.)
Hawaiian Pineapple Co., Ltd
Mining Co
Hercules Cement Corp. (extra).
Hercules Powder Co., 5% preferred
A
Long-Bell
held)
7
12-
65c
capital
B
7-2-49
25c
$1
(quar.)_
Extra
Utilities—
11-
12-
11-15
$1
Extra
12-10
Class
Class
dividend)
11-15
15c
Guaranteed
12-
$4
stock
11-15
1
Groceterias,Ltd.—
12-
17 Vac
11-30
12-
50c
1
Corp., common
preferred
(quar.)
Loblaw
25c
____
quar.)
4%
preferred (quar.)
Mutual Chemical, 67c preferred
(quar.)
Mutual Telephone Co.
(Hawaii)—
4.80% preferred A (quar.)
9
25c
(quar.)
1-3-49
1-3-49
Murray
1
$1
Special
$1.12 7a
1111-
75C
(quar.)
$1.06(4
1
1
J2c
—
Caibonic
50c
"(stock
,
Chemical
RR.
3-20
$1
O/lglnal capital
Special Guaranteed
11-23
11-20
12-
35c
(quar.)_
Miami
4-2-49
(quar.)
Producers
Common
12-
37V4c
Extra
3(4 %
25c
5% participating preferred (s-a)
Murphy (G. C.) Company (quar.)_
11-19
45C
Corp.
Little
5
$1
9-20
;
$1.30
common
Original
12-15
(quar.)
&
1
|20c
(year-end)
11-23
12-10
25c
Co.
11-30
(quar.)
__jk.
Lionel
50c
Wholesale
11-15
50c
11-10
$1
Extra
30c
1
50c
(quar.)
11-
11-15
(quar.)
Corp.
Diablo
Extra ;
Muehleback
12-1Q
12-15
25C
(quar.)
Hat Corp. of America—
Class A and
class
B
5 %
1
11-15
:
25c
B
Harrison
12-
t22yac
Extra
t
11-15
87%C
Watch
Hancock
1
1
12-
6-20
12-20
37 V2C
Paper
Mountain
8
12-20
Myers Tobacco,
Extra
1111-
25c
Extra
11-15
12-
Savers
Liquid
l
Cotton
Hamilton
1
25c
Hale
12-
25c
~
Hamilton
12-
85c
dividend)
(quar.)
1
11-22
3-20
1-2-49
Quarterly
1
25C
Cement
(Increased)
Mines, Ltd. (quar.)
McNeil & Libby (s-a)
Libby,
Cash
12-
11-
1
12-20
7-2-49
25 c
.____
-(quar.)
preferred
Products
Mount
,
50c
(year-end)
(quar.)
Portland
12-10
Hackensack
t$1.75
______
12-
50c
11-15
Motor
11-10
(quar.)
,
1st
Moslnee
10-25
11-30
12-20
4-2-49
377aC 10-2-49
$3 participating preferred (quar.)__
Moore-McCormack Lines (quar.)
1
II-10
preferred
10-29
1-2-49
377jc
Extra
Monotype
&
11-
11-29
1-2-49
127aC
—
iMorrison-Knudsen
9
10c
Gold
Liggett
11-
35c
Machine Co. (quar.)
Laura Secord Candy Shops, Ltd
Le Tourneau (R. G.), Inc., $4
pfd. (quar.)__
Lea
Fabrics, Inc. (quar.)
Lees (James)
& Sons (quar.)
Lehigh Coal & Navigation—
__
1
11-15
10c
__
12-28
Hajoca
12-22
$40c
Co.
Bryant, Inc.
Lansing Company
,
preferred
$5
11-10
12-
10-20
377aC
J
2nd preferred (quar.)
Montreal
Cottons, Ltd.,
7%
Moody's Investors Service—
11-10
1
$1.20
(quar.)
Lane
1
11-
1
12-
prior
7%
Milling Co., Ltd.—
..
Landis
11-
12-
12-28
11-29
for
7%
ll-19
$1.12(4
11-15
*.
Class -B
(quar.)
Monsanto Chemical Co., common (quar.)
$4 convertible preference B (quar.)
,
11-19
12-10'
12-15
11-15
37 V2C
preferred A (s-a)
Montana Flour Mills, common
12-17
12-10
proposed,
4-.$3.25
12-17
1^2-49
50c
—
preferred (quar.)
Foundry & Machine
Lakey
11-
Woods
Common
11-15
11-26
-
the
preferred
Ohio,
(quar.)
4(4 %
11-25
11-15
I-2-49
50c
12-15
11-
12-14
10-30
11-15
is
•.
-
'
Lake
1
11-15
3-22
11-20
as
share
Implement Co.—
$6.50 convertible preferred (accum.)
Missouri-Kansas Pipe Line, common (quar.)
12-22
42-24
u-15
12-15
Minneapol{s-Moline Power
11-10
$1
L'Aiglon Apparel, Inc. (quar.)
Laclede-Christy Co. (quar.)
1
11 <-26
1-2-49
4-1-49
17C
preferred A (quar.)__
Kroger Company, common (irreg.)
Kysor Heater Co
;
$5
•
& Co.
Mfg.,
$5
Gulf Mobile it
$1.25
each
prior preferred (quar.)__
prior
preferred
(quar.)
prior preferred (quar.)___
$1
$1
12-10
50c
11-19
12-
11-15
12-30
37(4c
(quar.)__
,
11-19
56y»C
(quar.)
3
75c
Kroehler
$1
Brewery
12-
quar.)
12-
(quar.)
»
$1
(irreg.)
1
,5%
Felt Co., Ltd. (interim)
Tap & Die Corp. (quar.)
Western
(Increased
(S. H.)
7 %
West
Griesedieck
Extra
Kress
&
—
Ry. Co.—
Non-cum. preferred (increased)
series
1
10c
dividend)
$1
11-15
50c
5
25C
Northern
Greenfield
11-
127aC
Great
interest
12-
(quar.)
preferred
(quar.)
Lakes-Dredge & Dock Co.
Great
1
t50c
Great
Beneficial
12-15
Union
Company (quar.)
Grayson Robinson, Inc.—>
Common
11-15
25c
12-
Grand
,
12-
$25c
common
1
3
12-27
if
shares,
(quar.)
(quar.)
Common
12-
25c
two
Common
r
12-
37(4c
preferred
30c
(quar.)
Mining,
Smelting
Co., common
preferred (quar.)
$1.50
preferred (quar.)
Kresge (S. S.) Co. (quar.)
5
50c
class A
Stores
5%
11-
11- 1
75C
(quar.)
$2.50
Graflex,
5%
1
35c
___'
12-
12- 1
$2.50
into
shares
(quar.)
50c
Preferred
Common
1
35c
12-15
two
or
Common
$1.18%
11-15
12-15
(quar.)
Extra
(quar.)
-47c
11-15
$2.50
(year-end)
pfd.
(quar.)
11-15
$1
12-19
11-12
12-15
4c
20c
.
12-15
50c
(s-a)__a.
each 15 shares held-,
Miller & Hart, Inc., com. (increased
quar.)_
Special
'
1
l- 2
12-22
'Split
•
■
Koppers Company, Inc.—
11-15
(quar.)
(quar.)
Co.
'
1
11-15
.
11-12
1-31-49
50c
!
preferred
common
47
When
Holder*
Payable of Bee.
Share
(s-a)___-
common
common-for each four shares heldOne share of Public Service Co. of Indiana
11-12
25c
(quar.)
(D. Emil)
Company
Knickerbocker Fund—
11-19
11-
•
25C
Klein
11-19
11-15
1
1
■
10%
Land Co.
Company,
$1.50
8
12-
$1
common
Kirsch
3
12-11
(quar.)
Goodyear Tire it Rubber,
;
Keystone Pipe & Supply, 5% preferred (s-a)
Kinney (G. R.) Co., Inc., common
$5 prior preferred (quar.)
3
20C
(quar.)
dividend
Kern County
Extra
11-26
12-15
12- 4
'
10-18
5c
com.
_
Kentucky Utilities, 4%%
10*1*8
11-15
25c
_—
(quar.)
Company
(Julius) & Company
Kayser
12-10
11-15
25c
(s-|0-
1-2-49
$20c
$20c
3
12 •15
Co.,
Participating
12- 3
•
•
Oil
Middle West Corp. (liquidating distributions)
Subject to SEC approval.
One share-of Wisonsin Power &
Light Co.
5
12-
1
1
1
25c
11-10
(quar.)
common
Co.
Kawneer
10-15
$2.25
Stock
1
20c
11-
5
65c
$1.25
1
11-15
preferred
(increased)
8%
Kansas-Nebraska Natural Gas—
11-19
t2c
Co.,
.
3.80%
11-10
11-15
84%C
(fccum.)—
Jones & Laughlin Steel, common
5 %
preferred A
(quar.) ___•
1
50c
com.)
on
Jones
1
$2.50
Goodall
■
12-
95c
1
11-15
»1
—
Co. (quar.)
—'
'
"/Extra
11 ■17
Kalamazoo Vegetable
Ltd.
Brewing
10-25
11-12
$1
Oil
11-24
11 •15
12-
5c
Company, preferred
Corp. (quar.)
12. •10
5%
11-
377aC
common
10-25
45c
_
Johnson & Johnson (stock dividend
Estate
Corp..
Name of Company
Extra
11-10
20c
(increased)
1
11 ■15
12-10
$1.75
-
-
12-15
12
35c
11-15
$1.50
pfd.
Jaeger Machine Co.
1-15 ■49
30c
12-20
Extra.
Globe
11-15
t75c
(quar.)__
25C
(quar.)
Wares* Ltd.,
(The)
1
Corp.
$1.12 7a
1
Girdler
12-
Gas
3
.
Castings $6
preferred
(accum.)
Jacksonville
5
—
Steel
Iron
10-30
12-
,
(s-a)
Utilities
10-30
11-
(quar.)
Corp. (quar.)
General
11-15
11-15
Per
Payable of Rec.
Midwest
convertible
12-20
preferred
Paint
25C
Share
Foundation, Ltd.—
preferred (quar.)
Fireman Manufacturing (quar.)
6%
(1943)
Holder«
Investment
11-15
Inc.,
"General
11-16
30c
Corp., common (quar.)
3%% pfd. (quar.)
Outdoor
Advertising, common
Mills,
11-16
1
m
General Foods
General
1
When
25c
Gamewell
General
Name of Company
,
12-
12-
5c
__
Co—
—
Gair
payable of Rcc.
50c
$1
(year-end)
common
(quar.)
CHRONICLE
(irreg.)
-u
75C
—,——
preferred
(quar.)
11-15
(
10-30
11-15."
11-
12-
1
11-16
37%C
34%C
I11-15
10-31
317.C
*11-15
10-31
317*c
11-15
10-31
8174C
(s-a)
Corp. of California
Electric Co.—
J
•
v;
40c,
1
„
6%
preferred
'''bVa%
5%
5%
(quar.)
—
preferred, (quar.);—
preferred (qu&r.)
redeemable preferred
;—
(quar.)
~
11-15-
10-31
48
THE
(1944)
When
Per
pacific
Mills
Panhaiidle
Common
Stock
preferred
Parker
11-15
12-15
$1
dividend)
(A
half
Co.
Name of Company
»
10-20
for
12-
1
of
12-15
(cash
Stock
,
$4.25
Hugoton
held)
share
10-29
1-2-49
$1
12-16
4%
12-
1
11-20
25c
12-
1
11-20
4%
4%
12-
1
11-20
Signode-
$1.06 %
12-
1
11-20
5%
35c
Drugs
(quar.)
(Kansas City),
preference
Consolidated
Gold
5%
(quar.)
common
11-24
tl5c
11-
11- 2
11-
1
1
11-
1
Class
11-
1
10-26
Sinclair
1-49
13-15
Sivyer
Skelly
11-15
11- 5
Peninsular
62'Ac 1-
Common
25c
25c 2-15-49
5%%
A
Porter
of
Co.
Prdcter te
(quar.)
of
>
Co.
Gas
for each
Cash
1
11-
12-
•'<
12-
11-15
I
11-15
1
11-15
Southerp Canada Power,
Southern
10-25
»
oil- 5
II-
5
Spalding
,
12-
1
11-15
Extra
G.)
Brothers
I
11-15
1
11-15
$4
11-15
10-29
25c
,
.
11-15
11-
12-31
12-
1
20c
11-15
10-25
50c
12-10
11-17
25c
12-
1
11-
11-
(quar.)__
Oil
Co.
Standard
Oil
Co.
Oil
io;-i8
11-15
10-29
11-11
10-14
12-
11-15
*40o
.
25c
$1.12'/2
Cash
9
1-2-49
Co.
12-
1
1-3-49
of
11-29
New
Extra
1-3-49
11-
12-10
11-
Standard
9
Works,
Inc.
(quar.)
1-15
Steip
2-1-49
I-15
Sterchi
(A.)
&
Company
Brothers
Stores
12-
12-21
11-22
Sterp & Stern Textile.
12-21
11-22
Stonega
$1.50
11-15
10-25
40c
25C
$1
:
Gold
Mining
Schenley Distillers
Schwltzer-Cummins
preferred
Scotton
Dillon
Mfg.
k
(quar;)
preferred
Co..
Saiboard" Alt
Surety
Co.
11-
5
11-15
11-
5
18c
11-15
10-29
25c
12-15
11-24
12-
11-15
(quar.)
—
1
II-15
Sylvanite
12-15
1-1-49
Gold
12-
Transit
12-10
12-15
Stock
12-10
Tennessee
Tennessee
2
11-22
11-30
11-24
75c
11-24
t$1.06
1-1-49
12-15
.
Stock
Company
11-10
One
share for
llrlQ
Texas
12-
8
New
common
Extra
Thomaston
Co.—
Chemical
(stock
each
Coal
(initial
Corp.—
L_
5
Thompson
11-
5
Tide
Water
Associated
Oil
17c
11-15
10-
5
Tide
Water
Power
.'
7C
12-1
11-15
11-10
10-20
(increased).
2-1-49
(quar.)___
(increased quar.)
___
i
_
preferred
27'Ac
5-1-49
Co.
(quar.)
27'Ac
8-1-49
62'Ac
12-13
91'Ac
*25C
t!8c
2-
1
11-15
12-
12-
1
7-18
Common
,
pfd.
11-12
12-15
12-31
6-25-49
6-15
11-15
1
11.-15
12'Ac
11-
5
10-25
Wright
11-10
Wrigley
10c
1
12-
11-
9
1
11-16
62'Ac
(quar.)
1-3-49
12-18
preferred
(quar.)
92'Ac
11-15
10-30
preferred
(auar.)
87y2c
11-15
10-30
9,334c
12-10
11-10
10-11
25c
11-10
$1.25
12-
1
11-15
12-
1
11-20
Union
United
40c
12-15
12-
I
12-15
12-
1
40C
11-15
nf?:i
United
50c
12-10
11-10
United
$1
12-10
11-10
5%
5%
Storage
Aircraft
Aif
A'rtlsts'
preferred
-
(quar.).
4'A 7o
Theatre
(quar.)
;
,Y
a
,_a—
s
.
A
-
preferred
Lines,
-
(quar.)
Corp.—
convertible
(quar.)——
preferred
Circuit,
7
'
---
-
"
$1
(quar.)_
Inc.—
12-15
12-
I
(1897
llT l
,
1
11-15
12-11
75c
12-11
12-
1
,.17'Ac
12-20
12-
4
"$1.50
"
12-
11-15
50c
'10-19
.10-19
12-^13
11-30
11-15
11-
1
11-20
11-
5*
,
.
,
$1.12%
'
75c
,
..
11-15
$1.25
1
»1 25
•
Corp.—
A
■•.
1L-
(quar.)_____—
.
11-15
If- 1
12-14
12-16
12-
1
11-
12-
25C,
87%c
1
11-8
10c
series)
10c
(quar.-).^
$1.50
__'
:
^
preferred
(F.
W.),
deposit
prior
Mfg.,
5%
Jr.
r
Extra
6%
11-15
,11-15
12-
"*
10-22
1
.11-3
1-31
12-
1-15
1
*12-
1
11-15
'
11-
receipts
11-30
11-30
25c
11-30
12-
11-15
11-15
11-11
50c
12-
1
11-10
3%
—;
1
12-17
12-
8
25C
12-20
|50c
*
for
6%'
pre-
_*
$1.12'A.
(quar.)
$1.12%
'prior- preferred
1
(s-a)
*
Corp_;
Co. (monthly)
IOC
S5
11-5
.,
12-
~
common
Tile
convertible
12-1
11-20
10c
11-29
,11-13
11-29
11-13
10c
Mfg. Co.
(quar.)
'
preferred
6%
convertible preferred
preferred
'
'
6-15-49
6-3f
15c
—
3-15-49
10c
;
*
12-15
10c
:
convertible
-12-20
12-10
\
(quar.)
(quar.)
37'Ac
.
:
II~3<f
2-2$
j.
(quar.)A
>
1-31-49
1-20
37%c 4r30-49
4-2(1
37'Ac 7-30-49
7-20
*Transfer books not closed for this
dividend.
\,,
(Payable in U, S; /Funds, less 15% Canadian
non-residents', tax,
\.tPayable in Canadian funds, tax deductible at the
x
1
12-15
12-1
*12-15 .-.12- f
11-29
lf-13
U-30
-11-10
25c
Co.*tgUarJ-A__"_A™__
6%
resident tax
3
12-15
12-15
-
—
Yellow Cab Co.—
i
1-28
11-15
$1
Common
Fibre
10-29
.
12-31
31%c
—
r—
Wysdng & Niles Co.,
Common
Yankee
if- 1
'10-20
<
Ltd.—
preferred
(Wm.),
1
$1.12%
(quar.).,
—;
Aeronautical
1
I
11-
J
$1.20
Co., Ltd
Co. (quar.)____i
W.)
11-15
11-
IT-
12-31
25c
■
11-22
2-15-49 "
90c
common
8
8
If- 8
11-15
50c
(quar.)—.
11-
11-15
lflc
:
f
..
1-3-49
;
common—
2-
12-4
"
25c
;
I
%- 1
2-1K-4U A
*
•
$1 25
common
-
"
$7
:
1
11-15
$1.75
,
>•
Power-,
(quar.)_
Wyandotte'Worsted
a
$1.25
*
12-
75c
'
(s-a)
t
California—
Co.
-
(quar.)
(F.
10-29
$1.12'A
4'/2%
Worumbo
11-19
62'Ac
12-10
-
Worthington Pump & Machinery Corp., com.
4'A %, convertible'prior preferred
(quar.)_
11-15
3-19
A
Inc.—
*
10-30
of
11-22
(quar.)_„______
preferred
ferred
11-15
11-15
(quar.)
lf-12
ll-lft
12'A"c
75c 2-15-49
Electric
American
11-11
3-1-49
Co.
10-31
11-24
;
preferred
Woolworth
*.
11-15
62'Ac
Oil
11-15
1
11-15
preferred-(s-a)
$2.50
Crampton Corp
15c
Electric' Power-,
common..":—28c'
Woolworth
1
$1.12'/a.
Common
10-25
(auar.)_^-___
Stationery
*
10-25
11-10
25c
Manufacturing
1
12-
,
11-10*
Corp. fs-a)
k
convertible
25c
(quar.)
$3.75 preferred
-
5%
12-
(quar.)
Union
r
•"
Woods
12-
$1
11-15*
55c
4.80%, preferred
(quar.)_^
1
Woodall Industries, common
(quar.)
3-15
10-29
1
'
Alabama—$3.50
preferred
50c
,
$1.06'A
com
.12-
lf-U
12-
?20c
r
10-30
$3.50
10-29
11-15
1-49
preferred
$4.50
11-15
1
4-
11-13
1
$I.12'A
Company, common (quar.);____ '
_*___•
Wisconsin
12-15
Union Electric Co. of Missouri—
1-17*
1
12-
1-49
15c
(quar.)
Corp.,
1-
$3.70
11-29*
1-5-49
Street
"
131'Ac
11-10
40c
(quar.)
Edison ,.4'A%
208 South LaSalle
40 c
___
Co.
Company (quar.)
Trinity Universal Insurance (Dallas) (quar.)
City Ninth Unit, $6 pfd. (accum.)
Tung-Sol Lamp Works, common—,.
4-18
$2.50
—_
Company
Trane
1-18
30c
preferred
Brewing
R.)
.
85c
___
(John
Tudor
27'Ac
11-10
3
10c
(quar.)
Toledo
3
12-
£0c
Common
11- 9
12-
1
12-
$1.06%,
__A—
Oil
4'A%
25c
11-10
12-
non-cum.
67c
1
9-27
7-r5
lf-12
11-10
.-
:
Common
3.60%
10-
X-M
4-15
11-24
'
20c
-
'
1
12-
35C
(quar.)
Tablet
Winters &
,
11-15
"11-30
•
11-20
$1.13
Co.
preferred-
5%
8*
lf-12
'•
25c
A_^__:
(quar.)
A
Winnipeg Electric Co.,
10-20
50c
11-
11-19
11-12
50c
11-10
25c
11-
'.
common
1
Tivoli
11-29
50c
1
Gas
Extra
•
8*
f.
12-20
20c
---
15%; resident tax
Less British income
tax,
Less 30 % Jamaica income
source.
•
Non¬
7%;
-
tax.
.
11-19
'
"*'12-11
1
_____
quar.)
Mills,
Co.
preferred A
Wisconsin
—
Cotton
1
•
(quar.)______i_________
Penn Electric, 6%
preferred (quar.)__'
preferred (quar.)
Virginia Coal k Coke (increased qUar.)
Virgihfa Pulp & Paper Co.— -
Wilcox
3
11-15
12-
10-25
11-
11-
held
Oil—
12-
11-30
5
dividend)—
40
&
12-
3'A% ;preferred A
(quar.)
12- 1
3.80%. preferred B
(quar.)—l_____i__—'
95c
12- 1
Weston Electrical Instrument
Corp
50c
*12-10
Weston (Geo;), Ltd.. 4»A%
preferred (quar.)
$1M2'A ' 12- 1
White (S. S.) Dental
Mfg. (quar.)
37'Ac
11-16
Extra r
—A
10c
*11-16
White's Auto Stores (quar.)
12'Ac
11-15
Whitehead Bros.. Rubber——-—
15c
11-15
11-15
11-29
5%
11-15
10c
1 A
11-15
33y3%
—
&
Ohio
.5%
10-29
Co.
Common
Ltd
12-
11-1$
37'Ac '2-1-49
-
___________
11-15
11-
50c
dividend
Texas
11-20
1
1
11-15
25c
—
——
Transmission
Products
Pacific
12-
12-
20c
50c
Gas
Mfg.
Extra
5
50c
dividend
class
Westinghouse Electric,
■
11-15
15c
rr
12-20
•
1
75c
—
(s-a)__
.
Extra
12-29
12-15
tl'AC
—
Corp.
—
1-3-49
12-
—
Tampa Electric Co.—
Tampax, Inc.
(quar.)
1
50c
Ltd
Corporation,;
preferred
Commoa
,
12-15
12-15
Mines,
Talon, Inc., 4%
12-15
1-1-49
Inc. .(s-a),—, 25o
6%
preferred
(quar.)____
37'Ac
preferred (quar.)
—; 10c
Oil,
lf-12
1
30c
-
A
Western
:
10-30
12-
2nd
1-1-49
25c
12-
1
1
•
(
5c
37V2c
.
1212-
$1
•
<*
*
r
1-3-49
4%
Taggart
Ltd
11-15
If-.8
40c
$1.25
-■
lf-12
'12-1
11-24
30c
-
-
--v-
-
1
2
12-1Q
5c
'•
12-1
l-J-4*
^12-
$1,25.'
(quar.)_——.—________
(quar.)_—
Indies Sugar
5%
,20c.
.
a 1127
' 75c
5% preferred A
(quar.)™^___
Western. Railway of
11-15
$1.25
Sears Roebuck Si. Co. A increased
quar.)
5
12-,1
20c
pfd. (quar.)
(quar.)
1
11-
11-
10%
Seaboard Oil Co. (Del.) (quar.)
Seaboard
11-
31 %c
•
Corp.,
Common
11-15
50c
5%
1
11-15
1
Co.—
Line,
12-
40c
12-
$1.12'A
_
$3.65
$75c
12-,7
62'Ac
Common.(quar.)
♦
lf-l$
>
-12-1
.
,
1
12-20.
$1'
^
Western- Pacific RR.~Oo.
11-12
(quar.)
12-
.
12-20
commo^.jkAi.-;;;;--
preferred (quar.)_
,
*
15c
4'A%
preferred
(quar.)
Western Maryland Ry.
:,„ 7%
1st preferred (accum.)
12-17
1
11-15
1
50c
-.
12-
Swan-Finch
11-15
t$1.06'A
a
Scythes A Co., Ltd., com.
a *>=, Extra;,
—;—r
5% preferred (quar.)_
1-2-49
Susquehanna .Mills,
"
Co.
Co.
57c
..
15c
(quar.)_.
12-15
11-17
$1.25
preferred A (quar.)
:
preferred A (quar.)
5%%
preferred A* (quar.)
Scott Paper Co., common (increased
quar.)_
$3.40
12-31
11-15
1
506
Syndicate,
10-29
12-22
11-
(quar.)
Mines,
11-12
*
1
$1
common
10c
Arabian
It-
12-
$1.25
:
5,%%
..Vrw
Ray Drug Co.,
1
•_
Co.
Arms Corp..
Sayre & Fisher Brick
,
Sun
12-
A
Savage
Scovill
10-29
11-15
30c
(quar.)
—
San Antonio
!
11-12
Syracuse
Extra
Saudi
11-26
1
$1.25
5%
Paper
11-15
—
—*
11-16
12-
St. louts San
Regis
12-15
5%..
(s-a)^^.
common
1
12-10
(quar.)
Francisco Ry.—
preferred A (auar.)
St. Paul Fire & Marine Insurance
Corp.,
12-15
10-25
12- 3
(quar.)•.
—
12-
11-15
42'Ac
(quar.)
SagUenay Power Co., Ltd.. 4l/4%
pfd.
(quar.)_^
preferred (quar.)_„__
Suburban Propane Gas Corp.—
Increased
quarterly
6un Oil Co., common (quar.)
25c
—'——
Wells
West
25c
$1.25
,
-
pfd.
4'A%
Coal
'
12-31
dividend)——
,7%
West
12-14
(quar.)
Screw, Ltd., class A
Extra
6%
t25c
____
(quar.)..
&
West
!
5
,460c
$L25
(quar.)
—
Brothers, Inc. (quar.)
Rotary Electric Steel, stock dividend—
Ruppert (Jacob) 4%% pfd. (quar.)
Ryerson & Haynes (irreg.)
Sabine Royalty Corp. (quar.)
-Special
Stowell
,
(stock
Coke
Struthers
11-10
45c
Inc.
11-22
1
$1.12 '/2
(quar.).
Roos
St.
Sterling,
11-22
12-
45c
(quar.)—
Shops
12-21
1-1-49
3
50c
12'AC
prior preferred (quar.).
Paper Co., Ltd., 4'A%
Extra
12-15
...
5
£0c
pfd.
(quar,)_—
;J
11-15
;
22'Ac
Extra
West
11-15
1212-
West
5
11-15
....
11-lp
11-15
1
12-1
'■'
(quar,)_^
Wesson OH k Snowdrift
Co.,
$4 preferred
(quar.)
11-18
11-
11-15
Tube
25C
(quar.)
Rolland
Saco-Lowell
1
12'Ac
Standard
2-1-49
50c
quar.) I—„
—
A
12-
11-26
$1.06%
-'•
'
C.)
Wentworth
11-15
11-lft
11-26
•
•
;
Wellman
Welsbach
A
25c
If-f5
10-2p
10-18
12-
25c
-
Waterous, Ltd., Class A (quar.t_i__^
Engineering Co. (irreg.)_________
11-10
Spring Co., common
25c,
Co., .class B__—5c
Wholesale
Phosphate
&
Acid
Steel
11-12
9
10-29
,
12.'Ac,
—
50c
»'
(quar.)^__^
preferred
$4.50 preferred
11-10
10^22
t
(quar.)
(quar.)
prolerred
$4.25
,
10-22
—
Silica Corp.
(8.
12-10
12- 9
i
lflc
-
preferred
12-10
2'A%
Co.—
(quar.)__
Company, tommonj_____
* (quar.)
Petroleum Corp. (quar.).!.
Washington Gas Light
•
'
■
...»
Mfg.
Co.,
Company__
Swasey Co
Warner k
1
12- 9
12-4
11-15
11-10"'
'
$1.50
(quar.)20d
k
Warren
$1
Equipment
40c
<quar.)____
5
20c
'■$4.50
Warren
Jersey—
12-15
Manufacturing Corp.
Vogt
Walker
1
1
12.-1
12-30
12-16
II-
8-1-49
H-
f
ll-.l
U2'/2c
12-1*6
5-2-49
11-15
$1
11-20
37'Ac
11-10
50c
$1.75
(quar.)^
12-15
iquar.)
(quar.)
12-10
(quar.)
preferred
20c
dividend
Standard
1
(Del.)
Indiana
51.25
(quar,)^_.
37'Ac
1-17
12-
1-1-49
1-
-50c
preferred
1-17
12-15
11-30*
1-1-49
$1
fouar.)
50c
„
J$1.25
Calif.
of
Railway
Quarterly
15c
___
a-4% preferred F (quar.)
Rock of Ages COrp. (quar.).
preferred
11-15
dividend
Stock
11-18
11-
of
Standard
15c
Robinson Little dc Co. Ltd., class A
Rochester Gas k Electric Corp.—
5%
-5%
2-1-49
—-r«
Stecher-Traung Lithograph, 5%
___.
com.
$1
45c
t
Co., common (quar.).
preferred (quar.)
Richmond Cedar Works (quar.)—.
Roan Antelope Copper Mines, Ltd.—
Co.
6%
(guar.)
Standard
Standard
;
common
Company,
11-24
;$1
12-13,
2-1-49
(quar.).—
12-20
50c
Co..
preferred
(quar.)
Virginian Railway—
6%
preferred
(quar.)
10-29
Standard
$1.18%
—„
Manufacturing
dc
25c.
11-
70c
—
prior,preferred, (quar.)
6%
.
10-31
$5
11-15
1
12-10
"
4'A%
Gas
12-1
J
6
1
11-
4%
preferred
1H2
1
11-26
10c
Stock dividend
5%
12-
12-10
12-15
12-
12-15
50c
<quar.)__
.•
Rockwood
12-15
50c
$1.12'A
12-
preferred
11-30
50C
6% prior preferred A (quar.)
:
Revere Copper & Brass, common
(increased)
Reynolds .(R. J.) Tobacco, common (quar.)_
•/ ClOss B
(quar.)..
:
Rockland
'.,11-29
$10c
5%
4-1-49
50c
-
r
25c
shares
12-15
5,
40c
40 c
4%%
American
12-8
-
8
BlYzC
$1.25
(quar.)
$4.50 preferred (quar.)
Republic Investors Fund, Inc.
6% preferred A (quar.)
6% preferred B (quar.)__
Republic Petroleum (increased
Republic'Steel Corp., common
<r»
12-15
—
12-l7
10-31
Syndicate, Inc.-(irreg.).
Verney Corp; (quar.}
Vick Chemical Co.
(quar.)
^
Virginia Coil & Iron
Virginia Elefctric k Power, common
'lflc,
$1.50
(quar.)
3
!
Venezuela
12-
convertible preferred (quar.)..
Standard Chemical Co., Ltd., common
$1.50
11-25
(quar.)___
(Conn.)
11-30
11-15
Specialty Corp.
Knitting Co.;
6%
11-30
—-
common
Vanadium-AlloysL Steel
Vapor Heating Corp., 5%
,
$1.60
....
Utica
12-23
„
12-14
11-15
—
convertible
'
H-19
10c
Pictures
12-15
^
11-10
1
22'Ac
(quar.)„_j.
Inc.—:
37'Ac
.
12-
(s-a)-30c
(Phila.)
Insurance
11-15
*
62'Ac
preferred• (quar.)
90c
1
,
i.
Extra:
1
A—
Inc., common
preferred
(quar.)_____
Standard Cap & Seal
Corp.—
5
$25q
t -.
1-2-49
Extra
4
$3.50
5'
12-1
Water Co.
12-
11-10
$1.06'A
iquar.)
Oil
10c
(quar.).
common
.-Extra v--r
r
Standard Brands,
1
35C
.
;_
preferred A (quar.)______—
Regent Knitting Mills, Ltd.—
,
'50c
1-2-49
12-1*5
,
<s-a)_-^
Society
iUpson-Waltoix
1-12
r"
'
____
Stamford
12-
Il-l'o
$1.75
Consolidated
11-15
12-15
1-14-49
12-
1
.
11-15
12-15
.
40c
•
11-lS
12-
1
Utilities &
<■.,
12-15
20c
,
(quar.)—
v
12-1)5
1
12-13
62'Ac
.
(quar.)
Stores, $6 preferred
10-20
11-29
.
12-
1-3-49
25c
(quar.)_
(quar.)_
>4%% ."preferred (quar.)^.__^^
Universal Winding Co.
1
12-13
12'Ac
(E., R.) & Sons,
preferred (quar.)
preferred series A
$4
RayonieiV Inc. (increased quar.).——
Reading Company, common (quar.)
Rheem
(quar.)
,
Squibb
12-
H-
11-15
...
$1
$1.25
Sparks withingtpn Co., common..
6.'% convertible preferred (quar.).—..
Spencer Kellogg & Sons (quar,).
Spiegel, Inc., $4.50 preferred (quar.).
of
1
'•«
50c
—
(A.
11-1
"$30c
,
(increased quar.)
Investors
Sovereign
6
12-
(quar.|__
11-15
Common
12-1
if-15"
50c
Steel
.
12-15
1
1-3-49
50c
:
(quar.)
Corp.,
12-
53c
Universal
1
ll-lb
1-3-49
53c
Universal
1
1
11-18
12-1
58'Ac
$1
United
5
11-
(quar.)_—
Southwestern Life Insurance Co.
Southwestern Public Service—
5
Refining Corp
Co,,, Ltd. (quar.)—___
Inc.,
preferred
Southwestern Electric Service
t
11-
11-
12-
a,
11-
5
U-30
11-15
12-16
58'Ac
:
Machinery Corp.—
^—1—
Steel
7%
-
Manufacturers
United
11-12
2p.
81'Ac
,
S.
'
*
of
Corp.,. Ltd.^_^
:_z
United Stockyards
Corp. A year-end)
10-15
1
5
%
common
United
11-15
11-15
rete
American
Pipe & Foundry Co. (quar.)
Playing Card Co. (quar.)_^.
S.
r
the
of
——
Universal
(quar.)
11- 5
12-
Quatker State Oil
Rand,
Co.
10- 5
12-
preferred
Gas
11-15
stock
5% convertible preferred (quarv>_;
Quaker Oats Co., 6% pfd. (quar.)—
•1.60 non-cum. pfd
non-cum.
11-30
12-
26'Ac
common
11-15
50c
Remington
5%
11-
Extra
1st
Natural
3
j,,25c
Railway Co.—
Common
(increased quar.).—
11-15
11-15
30'Ac
common
Southern
10-30
12-
11-30
30c
,
11-15
12-31
75c
share
<quar.)_^
preferred
Extra
-U.
be
at
(monthly)
common
Loan
8.
U.
<■/
10-31
11-20
31'Ac
Plastics.
12-
11-1
•*.
11-15
60c
S.
U,
&
preferred
Lines,
shares held.)
issued but
50
not
(monthly)
preferred
Extra.
5
12-20
—
(quar.)
California
12-
llrl9
11-
pfd.
Merchants
4'A7v
U.
.
10c
preferred (quar.)
4'A%
preferred; (quar.)
11-15
5
12-10
11-24
held
preferred
Hoffman
S.
1
11-
22'Ac
4%
12-31
11-
11-24
12-18
(monthly)
preferred (monthly)
preferred
S.
U.
.
Southern
preferred
1
12-1*0
12-18
pfd.
Finishing Co.,
4'A%.
t
Edison
Southern California Water Co.,
4.88%
U.
1
12-10
12-
25c
A
5*
12-16
_______
*
California
11-15
—
common
11-
$1.05
•
pfd.
12-1
100
Lines
5*
*
share
a
capital
3 % %
11-10
t25c
Greyhound
11-
held
on
non-cum.
Southern
50c
$1,40 dividend preference common (quar.)
Rugdt Sound Power & Light Co. (quar.)
Pullman, Inc. (quar.)
<
Pure Oil Company, common (quar.)
4%
11-16
S.
$4
11-10
Co7 Ltd—-
Southeastern
11-
83c
Red Owl Stores,
Lathe
25C
stock—
Public Service Co. of New Mexico.
Public Service Electric & Gas Co.—
'
Southam
Indianaof
12-10
12-10
87'Ac
each
(quar.)
Works (quar.)
11-15
$1.06%
share
common
Power
Bend
United
U.
,
12-24
.
12-20
Public Service Co. of New Hampshire—
3.35 %
preferred
(quar.)—
Quebec
1- 3
11-18
$3c
stock—
1-3-49
I
7%
(quar.)
50C
~
.
Co.
prior
prior
(quar.)
;
preferred A (quar.)
12-15
87 '/2C
■
South
11-10
$1.25
Water
6%
6%
common
12-20
(quar.)
t>
5
for
25C
1
preferred
(6/100ths
&
dividend
12-
.$1.25 convertible
Soundview Pulp Co.
75c
—
Colorado
of
dividend
Indiana
11-12*
10c
———
>■4%% preferred (quar.)
Stock
1
t35c
(quar,).
Public Service Co.
prior
—2%
preferred
Corp.,
25c
—
(quar.)——
5%
prior
Co.—
convertible
20c
in
6.36%
6.36%
,
$1
__
(interim)
(initial) ^—
payable
preferred
Public Service
12-
Aircraft
35p
—
Co,
6
10-15
11-
1-3-49
65c
(monthly)
(monthly)
preferred
11-15
11-12
1/50
preferred
12-
12-17
175c
(s-a)
each
will
Traction
&
prior
prior
11-15
$3
_____
Sonotone
90c
7%
77c
12-15
(s-a)
50c
(irreg.)——7
Also
Solar
Light
1
12-17
11-12
11-b
(quar.),
distributed
each
$1
25c
shares
held)
11-12*
1
11-29
$2.50
25c
-
>
(two
11-22
$1.37 '/2
(quar,)——
Proprietary- Mines, Ltd
Prosperity Co., class A (irreg.)
Also' payable in 5 % preferred
.5.%
Stock«dividend
11-22
1
11-29
12-10
be
for
for
shares
will
50c
preferred
1
1
12-10
$1
12-
12-
5
50c
12-31
1-15-49
41c
5
& Sons Carpet Co.—
12-31
12-
—
Co.
Gamble
Class 'B
11-19
1
cash
_
(quar.)
4.20%
preferred
(quar.)__.
Socony-Vacuum Oil (cash dividend)
11-15'
$3.12'/2
Canada
of
3'A%
11-22
1
$1
America
Company
Power Corp.
OiT
Preston
1
1
Fractional
5
(quar.)
50c
(accum.)
A
—r
Co.
12-
12-
5
$$1.12%
(quar.)
___
2%
Ektra
PofcCsh
1
12-
1111-
___
preferred
stock
12-10
11-
11-
11-16
Light & Railways Co., common—
of American Light & Traction
12-10
11-
11-16
$1.75
*
(One share
50c
Extra
75c
(quar.)
Steel
common
United
$2.50
Castings-,.
20c
dividend
Portsmouth
11-15
Oil
91'Ac
preferred
1
25c
(irreg.)
30c
(quar.)
common
1st
Stock
11-
12-
T
prior preferred (quar.)—
Pittsburgh & West Virginia Rv. (resumed)—
Plymouth Oil Co. (cash dividend)
(quar.)_
.
1
57c
(quar.)
5%
12-
11-15
12-10
II- $
J
11-15
12-10
10-30
11-16
20c
preferred
Improvement
L
(quar.)
(quar.)
(Alexander)
Gas
Extra
1
50c
A
4'A %
United
12-
,
-10-15
11-30
75c
"
75c
A
12-
(quar.)
11-15
'125c
j
(quar.)
com.
(quar.) ..^
Investments, Ltd.—
Fuel
class
$1
25c
25c
class
Corp.
Steel
Smith
1
25c
.Phillips Petroleum Co. (quar.)
Pillsbury Mills, common (quar.)——
$4' preferred
11-
$1.75
„
*
1
$1.10
w
12-
10-18
r—
J37c
,
preferred
6%
i
10-29
(quar.)
com.
(quar.)__
Special
7%
2
11-25
_
25c
Philadelphia Electric Co., com.
$1 preferred
(quar.)
Philadelphia Suburban Water,
Pittsburgh Steel,
Ltd,,
Oil
Common
4
preferred
5
12-
A
(quar.)—-—
62'Ac
Co.,
Co
Sloane-Blabon Corp.-—
6%
preferred class A
10-15
92'Ac
Perkins Machine & Gear Co., 7% pfd. (quar.)
Pfaudler Company (quar.)_—
:
$3.65
11-15
t75c
2-
1-2-49
B
Engineering &.Foundry,
United
11-15
(quar.)
Simpsons,
10-26
Class
When
Holdert
Payable of Rec.
Share
Corporations, Ltd., class
United
.
62'Ac
(quar.)
Company
11-15
11-15
11-15
.
J30c
(quar.)
B
5c
12-15
12-
,
(quar.)
______—
Strapping
Royalties,
15c
Year-end
11-18
1
United
•
11-23
$2.50
Simmons
Signal
1
1-3-49
$1
; Extra
1
12-
Per.,*.
,
Name of Company
11-18
12-15
•'»
150c
—
B
12-
50c
A
Extra
1
12-
31'AC
_
Telephone Co.—
(quar.)
$1 preferred (quar.)
$1 preferred
(quar.)
Penman's, Ltd., common quar.)
Pennsylvania Electric Co.—
3.70% preferred C (quar.).
4.40% preferred B (quar.)—
Pennsylvania Telephone Corp,—
$2.25
preferred
(quar.)
—
—
(quar.)
common
(quar.)
preferred
11-15
20c
—
preferred (quar.)——*
Corp. (irreg.)
Grinding Wheel Co. (quar.)
Cement
Peninsular
i
Steel
Class
--
prior
Peerless
11-15
Ltd.—
Interim
Peabody Coal Co.,
preferred
series
Signal Oil & Gas Co., class A
8%C
(quar.)
Dredging,
preferred
Common
(quar.)
Sherwin-Williams Co.,
Inc.—
participating
Pato
—
dividend
Parkview
redeemable
62 %C
Co
(quar.)
25c
,
...
1
12-
50c
$1.12'A
__—r
—,
—
_
dividend)
preferred
.Monday, November 8, 1948
Holdert
Payable of Red.
25c
,
11-26
11-17
75c
(quar.)
share
each
(quar.)
Rust-Proof
When
Share
Security Banknote Co., common (quar.)
$1 preferred
(quar.)
Servel, Inc., common (year-end)
$4.50
preferred
(quar.)
Sharon
Railway
r
Shawinigan Water & Power Co.—
Parkersburg Rig & Reel—
Common
CHRONICLE
Per
Pipe Line—
(cash
dividend
FINANCIAL
Holderi
Payable of Rec.
75c
(quar.)
(quar.)
Production
...,4%
Share
Corp.
Eastern
&
.
flame of Company
„
Pacific Lighting
COMMERCIAL
:
.
'
[Volume 168
General
L
& .FINANCIAL' CHRONICLE
COMMERCIAL
THE
Number 4749
Rochester,
Southern Pacific Co.—Earnings—
Corporation and
shares.
1947
1948
September—
1946
Investment News
(Continued from page 12)
Gross
Y.,
N.
plant
^Incorrectly
1945
properties.
shown
as
NOTE—Above results for
$40,266,281 $35,329,085 $32,586,128 $37,430,649
railway
Net from railway
9,536,115
7,092,473
4,237,454
2,811,474
Net ry. oper. income—
3,856,873
2,198,725
1,717,781
1,576,502
Gross
(1945)
from
1948
Jlncluding
in
loss
a
the three
V.
and
scrip
168,
nine
for
4#
fractional
1260,
p.
months ended
Sept. 30.
with net loss of $7,163 for the three months and a not
$32,309, or 3 cents per share, for the nine months ended
1947.—V. 168, p. 1405.
-
compare
profit
of
Sept. 30,
From Jan. 1—
Elx
months, beginning Dec. 24, 1948. Interest on the notes is payable
Quarterly and payment of notes may be anticipated at any time,
•"The
42,50o
series
one
of
shares of 3.75%
total
a
preferred
stock
and
not
have
been
cumulative
authorized
($100
par);
issue
the
designated
of
preferred
100,000
remaining
tJReflects
purchase
by
Sioux
City
Gas & Electric Co,
of the contemplated
rata
proportion (67,257 shares)
shares of common stock of Iowa
109,866
HISTORY
AND
July 2, 1901.
State
of
of
Iowa.
which
is
Its
has
a
principal
owned)
its
offering
of
in
Iowa
operating wholly within the
(61.2% of the common stock
Public Service
Co., which
the State of
Iowa.
is
Iowa
has
rated
in
Railway
oper.
expenses.
South
in
Dakota)
South
service
and
South
Dakota).
Dakota
Company
also
Penn-Western
company,
Public
also
public
a
Public
Service
controls
Service
approved mutual service company
rendering
Sioux City Gas & Electric Co.
system and to
the system.
Service
services
other
Co.
(in¬
small
a
sub¬
which
Corp.,
at
is
to
cost
an
38,449,135
sale
the
Net
Railway
Iowa,
and
immediate
vicinity.
wholesale to Iowa Public Service Co.,
and
others.
ments,
In
fiteam
for
Company
connection
heating
The company
sells
natural
customers
Service
Gas
use
For
to
the
electric
certain
the
for
♦Net
the
to
of
about
to
Service
from
the
Co.
Co.
and
from
the
sale
sale
It
territory
service
engaged
Nebraska
to
to
of
Net from
Net
from
Net
from
Net
ry.
City.
Gross
—V.
with
the
from
the
sale
111.—V.
Oct.
of
28
from
the
of
western
212
north
and
communities
As of
79,857 customers
July
and
See
in
District of New York
XI of the
Bankruptcy Act for a
—V. 166, p. 706.
central
and
31,
over
Months
Ended
before
the
the
initiate
to
New
*§.
U.
York
Curb
District
under
Net
ry.
Net
from
Net
ry.
—V.
NOTES—The
of
amounts
respects
the
and
In
year.
in
to
the
tabulation
105,745
$579,060
followed.
direct
All
control
mittances
of
estimated
in
statements
has
cur¬
been
foreign exchange transactions in Colombia are under
and license by the Board of Control of
Exchange. Re¬
exchange by foreign mining enterprises are based on the
proceeds from sales of metals.
produced
platinum;
36,557
both
of
ounces
of
these
Southern California Water
The
company
Oct.
on
27
11,109
15,719
22,786
13,661
1,437,664
1,658,009
366,124
1,152,366
249,203
1948, the subsidiaries of this
gold and 11,621 ounces of
require
filed
120,851
107,499
196,638
609,106
registration
refining.—V.
168,
statement
with
1948
1947
$2 ,469,010
one
Smith,
Polian
bank
pay
by
for
notes,
reimburse
&
Co.
the
The
each
three
finance
to
company's
will
common
stockholders
common
share
new
of
shares
part
of
treasury
first
record
held.
be
Nov.
Proceeds
for
offered
16
rate
of
be
used
to
project
construction
past
for
at
will
construction
a
and
to
costs.
railway——
315,869
income™
♦81,316
authority
two
has
company
to
sell
from
ry.
638,828
557,221
470,086
590,413
Electric
totaled
mortgage
The
bonds
of
output
this
kwh.,
at
1978
90.02
to
and
Co.—Weekly Output—
for
company
Indiana
the
week
ended
Oct.
30,
1948
compared
as
corresponding week last year,
Southern
due
sold
be
for
'1369.
p.
Colorado Power
3,361,000
Commission
bonds
3%
would
with" 2,542,000
kwh.
for
the
an increase of 32.2%.—V. 168, p.
1804.
Gas
&
Electric
Co.—To
Increase
Stock, etc.—
The
to
company
increase
stock
from
number
by
authorized
500,000
of
shares
without
sented
Southern
change,
its
shares
outstanding,
Corp.
of
reorganization
(no
par)
so
as
common
thereupon
which
from
in
of
shares
and
all
however,
168/p.
16,085,321
3,505,243
13,959,987
1,941,717
,719,392
1,033,908
754,40£
3,525,975
119,727
income—
*
1487,
Co.
Oil
to change the
presently owned
shares to 600,000
are
400,000
the
amount
less
not
for
terms
of
capital
public
Southern
offering
common
underwriters
writers
at
the
price
stock
value)
same
are
to
proceeds
but not more
of
its
to
and
the
repre¬
common
to
be
filed
Commonwealth
and
no
at
the
will
same
par common
Southern
the
on
by
proposes, concurrently
by Commonwealth to
to
contract
shares
of
Commonwealth
to
its cost and Commonwealth
additional
realize
book
price
also
(or
holdings
Indiana
for
most
Export
has
••
-fib
!
New
(New Jersey)
if
the
been elected
director
a
Department of Jersey Standard.—V.
urer's
and
Treasurer
the
beep
with
the
sale
issue
and
sell
for
the
months
$18,200,000
entire
years
level.
quarter
year
operations
equal to $4.50
were
Vice-President.
formed
*
•
Smith, Louis K.
to
Avenue
committee.
to
plus
the
represent
Comstock
adjustment
Ry. Co.
Mr.
Kent
is
member
a
list
their
may
S?e also V. 168,
p.
1841.
1
\
/
Placed
$497,201,
purchase
stock.
The
168, p.
North
and
drawn
retire
action
had
from
corporation's
shares
88,723
previously
been
the
of
treasury,
company's
approved
by
stock¬
1735.
Carolina
Utilities Commission by order
dated Oct. 29,
application of this company to increase gas rates
billings made Nov. l, 1948. The company estimates that
the
with
rate
new
schedules
1948,
30,
its
had
been
service
gas
in
effect
for
for
revenues
$1.06,000
,
Times
the
that
and-
12
months
period
its
ended
would
have
net«. income
651.
by
-w
168, p. 1735,.
The
N.
company
has
Starrett Story,"
just issued a 32-page illustrated booklet entitled
which contains a brief account of the origin and
p. 1150.
C.—Regis¬
been
will
company on
Oct. 28 filed
a
Suburban Propane Gas Corp.—Debentures Placed
Pri¬
vately—The company on Oct. 6 sold privately. $70,000
10-year 4%% sinking fund debentures due Dec. 1, 1957.
—V. 168, p. 52.
Texas has been the focal
to
said
through 10/64-inch choke. Sunray owns 100% interest in
of Slick Estate lands offsetting the Davenport-State lease
and west, and plans to further develop the property im¬
mediately. Sunray's Slick Estate 'B' No. 1 is drilling at 4,522 ft.
"The Dr. Garcia 'B' No. 1, Share 4, San Jose Grant, Starr County,
acres
north
was
its
under¬
said underwriters),
price, the least number of
be sufficient
an
of
Virginia
for
stock
10,000
stock
share
will
Proceeds
be
profit
$165,918
41,894
to
unit
of
January,
V.
H.
Jefferds,
*
:
.
finance
Net
ry,
expansion,
share
1
of
preferred
(par $1).
The stock
directors
and
officers.
etc.
RR.—Earnings—
1947
$215,999
$93
$298,879
17,251
♦30,514
61,258
82,715
3,265
♦42,054
17,943
3,316,474
926,026
13,806
3,639,612
1,039,817
♦191,750
♦374,998
463,158
♦365,271
♦489,276
1,760,734
1,367,703
railway
income.™
oper,
of
stock
through
1948
$408,526
150,635
September—
from railway
from
consisting
common
unit
per
Gross
1946
1945
From Jan. 1—
from
Gross
Net
from
Net
ry.
railway
railway
income—
oper.
♦Deficit—V,
Tucson
Placed
168,
Gas, Electric Light & Power Co.
Privately—Earnings—
stockholders
The
1487.
p.
May
on
of
12
last
Preferred
'
s
authorized
an
issue
which 15,000 shares, designated 5%
to a group of insurance companies.
EARNINGS
FOR
12
MONTHS
ENDED
SEPT.
of
50,000
cumulative,
30
1948
income
per
—V. 1G7,
available
share
pp.
for
1947
shares
$597,066
$564,391
shares—;—
$2.03
$1.92
common
294,000
on
1513, 2140.
Transamerica
Corp.—Court
Against
Rules
Corpora¬
tion's Plea to Halt Reserve Case—
Federal
anti-trust
holding
in
Judge
plea
Morris
to
hearings
'
at Washington, D. C., Nov. 3, turned
the Federal Reserve Board from
stop
the
on
firm's
acquisition
of
bank stocks
western states.
five
The
District
corporation's
down
hearings
.
.
called
were
whether
Transamerica
Citizens
National Bank
by
should
the
be
for
Board
ordered
to
& Savings Co. of Los
Oct.
dispose
12
of
to
its
determine
stock
in
Angeles and "any or all"
long list of other banks, including the Bank of America.
The
Transamerica probe is the first to be launched by the Federal Reserve
of
Symington-Gould Corp.—Earnings—
income
$25
used
Earn,
Other
Inc.
Toledo Peoria & Western
Net
-3 Months
Stores,
each
1
at
107 barrels per
choke.
"The company's Dunlap lease, SK&K Survey in the Seeligson field,
is still yielding new production at expected rate. Dunlap No. 43 has
been completed as a dual producer for 120 barrels daily in Zone 16,
and
for 48 barrels
daily in Zone 14-B. Also in Jim Wells county,
Sec.
51 Haldeman,
the company's Hewitt 'D' No. 6 has been com¬
Mar. 31.'48
Dare
units,
offered
day potential through %-inch
168, p. 1626.
by
of
and
$25)
(par
be
A-142, Sunray's Albrecht No. 4 has been completed for
completed."—V.
Brooklyn
Flushing, Long Island,
(2 floors in
enlarged and mod¬
Hempstead
have
direction of Mr. Blauner, the first stock issue will soon
The proceeds will be used for the expansion program.
The company on Oct. 28 filed a letter of notification with the SEC?
shares,
been
in
in
will
the
were sold
County lease, the Coble 'A' No. 13, 224 barrels per day potential, and
the Coble 'A* No. 18, with potential of 240 barrels per day on pump,
in
store
footer
and
the finance committee, is also a director of
Jackson, Mich., and a director and member
Thompson, Starrett Co., Inc., New York.
original founder of the Milmar Shops chain, and a former
par $100,
pleted in Zone 20-C for 135 barrels per day potential, 5/32-inch choke,
and Hewitt 'D' No. 7, not yet completed, has shown 70 barrels of oil
on a 9-hour drill stem
test through 5/36-inch choke,
"Two of the best wells to date on Sunray's recently acquired Hockley
new
Inc.,
preferred
been
a
square
Building)
store
Chairman
completed to produce at rate of 142 barrels daily through
9/64-inch choke. This well is the company's second completion on a
926-acre
lease, and the production
proves
an
extension of the La
Reforma Field of Starr County. In
Goliad County, Hancock Survey
has
Issue
be made.
day
the
a
Board
9 Mos. End.
Ended-
June 30. '48 Sept. 30.'48 Sept.
30,'48
§$195,707
74,069
$180,237
67,017
$541,862
182,980
$269,776
1,012,984
$0.27
$247,254
t$724,842
1,012,984
1,012,984
$0.24
$0.72
under provisions
of the Clayton Act.
'
'
postpone its hearings temporarily after the
it had not been given a clear statement of
the Federal Reserve charges and was therefore unable to defend itself.
The
Board
agreed
to
West Coast firm complained
won
from District Judge Alan T. Goldsborough an
temporarily halting the hearings pending argument.
In a debat©
Judge Morris, the Federal Reserve Board contended the District
Court did
not have authority to stop the hearings.
Judge Morris
This
complaint
order
the
resell to
will
month
report for the
company's completion
the
October,
Park
Haynes,
&
director
point for the corporation's drilling activities
showing
seven
new
producers in widely scattered areas. The company reports;
"Probably the most important of Sunray's new wells is the Davenport-State No. 1, a wildcat in Starr County, completed during the
month and which has settled flow to produce at rate of 144 barrels
for
Y.—Opens
Stock
executive committee of
Net
Sunray Oil Corp.—Completes Seven New Producers—
Brooklyn, N.
Director—First
President.
as
serve
of the
He
15,000
Terminal
Boro
the
Under
registration statement with the SEC
covering 60,000 shares of 6% convertible preferred ($25 par).
Under¬
writer, Johnston, Lemon & Co.
Proceeds will be used for additional
working capital,—V. 167, p. 2139.
The
Corp.,
New
appointment of Milton D. Blauner to the board of directors has
announced by George J. Seedman, President. Mr. Blauner, who
Ryerson
ters With SEC—
Bus
its
to
The
State Loan & Finance Corp., Washington, D.
started another
Nassau
Asst.
"The
Stores
just opened
company has
Y.,
the
ernized
development of the company.—V. 168,
Square
Store—Elects
,
Soon to Be Made—
*
(L. S.) Starrett Co.—Issues Booklet—
♦Operating
of
to
of-approximately $1,500,000,
than $1,750,000.—V. 168, p. 1804.
•
.
last
nine
the
.
a
increased, by approximately
approximately $58,000.—V. 168, p.
of Esso
affiliate. He recently was Assistant Treasurer of the
Corp., Jersey Standard's Venezuelan affiliate, and
proposed
amendment.
stock which
been
Third
committee
granted
Sept.
;
Treasurer of
associated with the foreign exchange division of the Treas¬
favorable
and
resale
that
of Lee Thompson
has
Corp.—Loan
effective
6,910,048
stock
to
The
Indiana
outstanding
its
group*#! underwriters represented by Smith,
the public at the best price (which shall
a
then
the
obtainable.
initial
to
resale
than
sell
the
with
Tide Water Power Co.—Rate Increase Granted—
New
Lindroth
G.
Eric
have
to
proposes
Indiana
Co.
&
be
under
1,500,000
articles
of
thereby.
Barney
same
its
number
Southern
&
any
Commonwealth
of
to
now
Commonwealth
shares,
to amend
proposes
the
Kent
proceeds,
The
20,661,139
,590,509
railway-
Standard
to
U.
P.
for
for
high
552.
p.
the
used
1948
railway
oper.
♦Deficit.—-V.
1,400
California
the
first
purchasers.
167,
Southern
to
$1,000,000
institutional
interest.—V.
applied
sales
compared
$25,700,000
York Stock Exchange firm of Ingalls & Snyder.
is requesting
adjustment bondholders to
1945
$1,829,338
122,468
from
Net
per
To Sell Bond Issue Privately—
The
and
Smythe said
the present
168,
consisting
W.
holders.—V.
1946
$1,939,931
$1,958,327
392,349
oper.
ry.
Net
the
covering 36,000 shares ($25 par) convertible preferred stock and
20,925 shares ($25 par).
Underwriters are Harris, Hall & Co.
(Inc.),
and
share.—V.
gold bonds of
Counsel
The
EEC
subscription
at
that
so
common
Co.—Registers With SEC—
a
Mr.
continue
net
$24,500,000
year
panies. Massachusetts Mutual Life Insurance Co., Spring¬
field, Mass., purchased $800,000 of bonds, and Bankers's
Life Insurance Co, of Nebraska, Lincoln,
Neb., took $200,000.
Julien Collins & Co., Chicago, arranged the loan.
Prom Jan. 1—
crude
products
1259,
p.
Y.,
will
During the six months ended June 30,
company
crude
pre¬
record
Privately—The corporation
on Nov. 4 announced the sale, at
par, of $1,000,000 3.75%
sinking fund debentures, due 1958, to two insurance com¬
1945
127,960
railway
from
Net. from
im¬
end
annual
7%
of
C. Ruth, 14 Wall St., New York,
promptly communicate with bond¬
holders and apprise them of its program to deal not only with the
pending bankruptcy proceedings, but also with the many problems
otherwise besetting Third Avenue Transit Corp.
Bergerman & Hourwich and Samuel A. Mehlman have been selected
$140,755
50,884
1,574,116
373,917
82,900
adjustment at the
peso items in U. S.
Colombian
express
the method used in preparing the
rency,
1946
$149,720
45,263
30,600
are
5%
Thor
1947
September—
124,200
41,300
above
the
on
holders
to
holdings with its Secretary, William
Spokane Portland & Seattle Ry.—Earnings—
Corp., an
Petroleum
subject to audit and
are
order
15
committee
were
was
♦Excluding minority interest.
portant
stated that
were
last
1947.
to
Warner
The
as
$149,896
income^-
earlier
143,700
profit
share
per
Dec.
Smith is President of Lawyers Title Corp. of New York and
elected President of the Real Estate Board of New York.
Comstock, a consulting engineer, was for many years President
L. K.
Comstock & Co., Inc., electrical contractors.
He Is also a
of
1735.
p.
Creole
income taxes.™
$1.75
payable
former President of the Merchants Association.
1804.
27,163
raiiway—
oper.
168,
The
Net
p.
1948
$206,757
60,371
railway
from
♦1947
taxes
1948,
period
31,
of the New
Prom Jan. 1—
Gross
$922,505
$619,435
income
cents
share
record
newly
N.
income—
oper.
the
41,600
Colombian
25
per
of
Mr.
mortgage
railway
railway
$930,773
taxes
Dec.
income
Affiliate—
income
30,
same
committee
and
6,001,889 263,444,059 233,294,949
Products, Inc. above.—V. 168,
from
plan of arrangement wth Its creditors.
&
of
cents
holders
Chapter
84,738
for
$
the
first
*1943
deplet.
of
declared,
Smythe, President,
Sept.
common
A
1947
$
6,301,094
from
Net
Exchange
for
proceedings
30—
June
deprec.,
Provision for U. S.
1948
$
1734.
September—
Gross
to
Court
25
to
•
served.
Depreciation
Depletion
Provision
1547
Spokane International RR.- -Earnings-
it
service
gas
1948,
South American Gold & Platinum
Co. (& Subs.)—Earn
Six
—Jan. 1 to Oct. 31—
—Wk End. Oct. 31—
167, p. 1404.
Air
dividend
of
l
Second Protective Committee Formed—
Sperry Corp.—British Unit to Manufacture Generators
company.
the
the
notified
Southern
Income
21,796,548
steam.
purchase, production,
electricity for light, heat and
territory
petition
a
\12,857,404
Under New Agreement—
gas;
derived
was
subsidiary
electricity.
about
manufactured
Sioux
on
of
14,998,873
3Ya % bonds, series B, due Jan. 1, 1978
now be exchanged for definitive bonds at the Bankers Trust Co.,
York, N. Y., or at the City National Bank & Trust Co., Chicago,
may
dividend
also
Joseph H. Hogan has been elected
70,948,870
Southwestern Gas & Electric Co.—Definitive Bonds—
Gross
filing
30,107,610
»
Temporary
Dec.
Earnings for the first nine months of this
.Mr.
New
Manufacturing Corp.—Files Bankruptcy Petition
corporation
35,688,726
21,553,003
income.
p.
payable
Third Avenue Transit Corp.—New Vice-President—
45,183,314
earnings
168,
both
dividend
1,453,133
$
Net
from
1,874,974
1,493,037
quarterly
was
expected
per
182,968,579 162,896,895 158,632,803 192,098,415
railway
oper.
B.
the
ended
2,333,054
income.
stock,
extra
an
1.
C.
are
quarterly
1945'
1948
Public
requirements during said period as
City Gas & Electric Co., and 2.8% from
companies.—V. 168, p. 1590.
*
30.6%
stock
ended
1946
1947
declared
regular
.
usual
debt, or other
directors
the
15.
Dec.
$20,272,246 $17,701,519 $17,945,152 $17,222,902
4,762,598
3,624,439
4,048,716
4,443,315
raiiway-.
Period—
follows:
non-affiliated
the
34,151,421
-
1948
railway
oper.
ry.
Gross
of
39,957,641
the
2
and
common
The
From Jan. 1—
Iowa Public Service Co.
for
the
12
months ended
July 31, 1943
produced about 66.6% of its electric
energy requirements. It purchased
the? balance of its electric
energy
Solar
3,107,321
5,087,212
income-
ry. cper.
Southern* Ry.— Earnings—
Natural
Northern
thereof
about
serves
of
6.0%
in
of
portions
29,472 customers in
The
16,021,521
Nov.
September—
Gross from railway-
distributes and
other utilities, which percentage
Service Co. and
1.0%
sales to
Public
is
Iowa.
this
to
Co., another
and
over
of
electric
sells
company
of Sioux
area
gas
and
and
Iowa
distribution
State
9,25o farms in
rendered
16,439,000
the
for
July 31, 1948, the gross operating revenues
approximately as follows: 71.4% from
Service
consumers
the
Service
operating revenues, 18.2%
sales
Public
power
business,
downtown
natural
natural gas;
of
Public
transmission,
part
sale
15.9%
Dakota
Iowa
on
1,850,513
Nov.
share
per
47,158,646
require¬
energy
transportation charge for Northern Natural
packing plants in Sioux City.
electricity at wholesale
includes
97,331,588
44,290,972
♦Before provision for interest charges on outstanding
on-operating
non-operating income items.—V. 168, p. 1734.
a
meat
total gross
South
electric
the production of steam, gas and electricity,
gas sold by it, and for resale to
it also transports and delivers natural gas
12 months ended
from
sales of
100,687,614
4,589,571
manufactured
company were derived
sale of electricity;
21.4%
1.2%
its
to
(July 31, 1948) about 22,479
Company sells manufactured gas at
Public
the
the
accruals—
tax
9,547,405
ferred
gas
Iowa.
and
consumers,
Co.
of
limited
a
purchases
the
of
through its facilities
Gas
oper._
ry.
(net)
rents
Company sells
electricity at
South Dakota Public Service
all
fuel in
as
enrichment
several
City,
Dakota
Company
Co. for
lor
its
in
manufactured
South
,Co.
with
purposes
Sioux
to
produces
also manufactures gas, and transports,
and
in
wholesale
.12,569,700
5,516,403
1,966,085
fr.
rev.
Gross
'
engaged in the production, transmission, distribution
electricity for light, heat and power to consumers in Sioux
of
City,
Co.
Thew Shovel Co.—Declares 25-Cent Extra Dividend—On
companies outside
The company is
and
$
$
44,692,399 436,961,211 389,419,248
35,144,994 336,273,597 292,087,660
51,018,835
small
corporated
sidiary
Of
revenues-
subsidiary, Nebraska Public Service Co., which is a
utility operating within the State of Nebraska.
Company also
two small public utility
subsidiaries, Yankton Gas Co. (incorpo¬
gas
of
oper.
Equip, and joint facility
Co.
incorporated
was
subsidiary
Iowa
is
Service
only
public utility
a
utility operating wholly within
Co.
Public
BUSINESS—Company
Company is
of
1948—9 Mos.—1947
$
$
Texas Gas
Transmission Co.—Secondary
Offering — A
secondary offering of 6,000 shares of common stock (no
par) was made Oct. 26 by Blyth & Co., Inc., at $23.75 per
share.—V. 168, p, 1049.
SYSTEM
1948—Month—1947
Railway
ttTo be outstanding upon
completion of contemplated bond financing
by Iowa Public Service Co.
—
pro
TRANSPORTATION
OF
EARNINGS
Period End. Sept. 30—
unissued
are
series.
to
as
oper.
constitute
of
shares
ry.
cumulative
stock
shares
57,500
Net from
Net
341,657,017 306,034,877 288,470,044 370.096,717
74,773,098
71,450,604
32,108,364 102,048,105
29,196,958
23,532,363
17,722,026
26,781,265
Income—
railway
raillway
from
Net
profit
tCom. shares outstand._
Earns,
per com.
♦After
expenses-,
fSubject
share—
$207,812
1,012*984
$0.21
provision for depreciation of plant, all selling and general
provision for reserves, franchise and Federal income taxes.
to loss not yet determined, which will result from sale of
before
agreed with this contention.
;
f^r
The present" decision left future developments in the Transameric*
case
uncertain.
During argument before Judge Morris, the Board's
,
attorney,
,
Leonard Townsend, indicated hearings wotild be rescheduled
50
THE
(1946)
Court rejected the company's plea.
made it clear that an adverse
promptly
If
company
the
Samuel Stewart,
ruling would be
attorney,
suffer
that
and
ruled
"irreparable
Transamerica had not proved
if the hearings were allowed to
that
injury"
could
Transamerica
take
not
its
Board's administrative procedure had been
to
case
payment
It would
continue,
court
completed.—V. 168, p.
of
one-third
1,
1949,
allowed
would
the
until
plan
basis
June
appealed.
Judge Morris
the Companies)
$
$
opers.
14,071,482
10,518,035
taxes..
oper.
be
3,938.382
2.900,000
2.456,134
The
37.477,898 320,356,512 293,827,337
26,959,863 235,294,604 217,827,243
2,101,319
Railway
41,338,002
27,266,520
revenues
Federal
Other
ry.
income
taxes
Equipment &
rents
joint
85,061,908
25,615,146
19,055,397
1,778,260
loans
income
fr.
Income
3,383,641
30,222,797
1,579,763
19,642,079
11,294,634
284,963
222,515
3,781,534
4,215,462
——
7,634,419
other charges
520,954
5,185,919
505,577
53,646,410
4,741,502
40,811,393
6,309,894
and
oil
C
income
of
payment
on
of
the
from
fixed
all
hands
of
all
34,501,499
48,904,908
4,680,342
7,113,465
sources
include
not
charge
any
Federal
for
taxes.—V.
income
and
cash
its
to
refunding
and
to
1973,
used
be
sold
at
issue
to
not
bonds,
mortgage
99.885
capital,
and
bank
(2)
for short-term notes.—V.
security
Net
10.38 "c
of
Oct.
the
30,
the
over
1947.—V.
of
electric
to
of
inc.
•Exclusive
kwh.
for
an
1842.
p.
Co.—Earnings—
1948—3 Mos.—1947
last
$274,025
$1,655,019
$1,854,095
4,116
8,789
12,750
25,237
$411,909
__
__
$282,814
$1,667,769
$1,879,332
,
Gross
income
Income
Net
deductions
428,060
423,620
1,703,950
tl,784,027
$16,151
loss
$140,806
$36,181
pany were
As of
the
several
classes
of
capital stock
of the com¬
Sales
of
electr.—kwh—
105,742
Sales
follows:
as
In
Sept. 30—
1948
Union
Common Stock
Preferred
Fund.,
Stock
1947
$7.36
$7.50
19.28
Fund...
20.21
Union Bond Fund A_.
Union
Bond Fund
Bond
21.12
of
gas—cu.
ft...—
1,475,552
18.24
5.96
—
The
total
were
dividends
(including special
paid
Union
On
Fund,
Union Bond Fund B,
on
share
per
follows:
as
Union Preferred Stock
6.02
ended Sept. 30,
Fund, 44 cents; on
year
Stock
Union
on
Bond Fund
A,
72
cents;
64 cents, and on Union Bond Fund C, 57 cents
25 cents).
year-enu of
To Decrease Capitalization—
The stockholders
capital
this
of
Dec.
on
corporation
$856,201, such reducLon
284,275
Union
shares of
Bond
131,042
the
Fund
Union
"A"
Bond
of
(as
of
shares,
Fund
Fund shares and 50,485
value of $1 each
on
Sept.
$284,275
corpoiation's
approving
30,
to
be
capital
to
about by retiring
(consisting of 15,862
Bond
shares, 68,292
Common
$1,140,476
from
1943)
Fund
Union
Stock Fund
"B"
Taxes
10,694,407
Stock
of the
Woodward Iron
No.
268,498 Union Preferred
Unioin Common Stock Fund shares.
The stockholders will also vote on
Stock
Fund
Fixed
Earned
shares
and
Net
Com.
-1948
profit
for
Federal
taxes.—V.
* *946
•
-
1945
2,113,960
3,908,341
$3,525,926
951,565
$3,492,855
$3,004,388
$985,243
936,566
468,283
468 283
$3.71
$3.73
$6.29
and
p.
other
charges,
•Excludes
outstdg.—
and postwar
United
2,303,164
sh.„
$0.07
$106,250
E.
J.
Rhodebeck,
connected
this
the
reserve
to
wartime
Co. in the
tive surface
uses
Corp
—v'
is
and
He
will
executive
will
assume
work
closely
many of
of that
functions
the
with
Richard
important
office.—y, 168,
duties
p.
788.
States Plywood
Insurance Co.
of
New York
on
—V.
the agents in the transaction.—V.
168, p. 1735.
77
sold
1948
$808,283
737,553
490,476
407,781
v
32,217,990
28,172,991
7,785.230
5,632,925
3,994,353.^ 2,693,326
31,329,311
44,867,275
7,253,437
,
17,328,136
^3,258,489
4,847,841
share.—V. 168,
p.
1525.
196,652
57,967
46,039
92^502
taxes
-
1948
$3,555,117
July
$94,578
Virginia Electric
&
Power
$75,116
$150,925
Co.—Rights—-
1"
common st°clf of record Nov. 12 shall have the right to
Inrh fmfr fh comP1°1} In
par>.
the extent of one share for
each four shares held. 6t°ck
addition,
1946
$2,675,693
1,620,938
822.216
471,066
1945
$2,162,748
$1,770,534
tile
of
tion
ether
share
a
the
share
per
31,
wall
tJ^rlafest,mex«lmum "umber, of shares
to be offered is 750.000
theoffering is being underwritten by Stone
th™LSenYp?an. ann°Unced that
Barnes,
Chairman
of
and
& Webster Securities
Corp
subscriptions may be paW in
the
Board,
from
said
the
installment
ovens
Earnings
per
•Including
tAfter
The
for
on
plastic,
a
comparable
aluminum
to
aluminum
of
tiles
of
belt
tiles
in
mail
and
Tile,"
2,373,570
capital stock of this Fund
with
$15.23
at
on
by
p.
the
end
30,
1948
1947
of
Sears,
have
and
168,
1189.
p.
,
both
been
the
in
the
of
of the sales volume during this period
1947
$12,131,599 $12,156,007
—
and
income
taxes
*$443,786
share
$114,665
$1.14
profit
of
from
sale
and
dealers.
retail
PURPOSE—The entire proceeds from the sale of the 20,000 authorized
unissued shares offered by the company (estimated at S80.080)
will
for the purchase of scoring machines, a moulding machine
tile and to replace in part working capital expended for the
be used
for plastic
purchase of the new Bellevue Avenue plant.
CAPITALIZATION
GIVING
"
EFFECT
July
had
($1
par)
shares
shares were held in the treasury. In the recapitalization
authorized capital was increased to 300,000 shares, the treas¬
eliminated
were
stock
of
in
and
stockholders
the
of the 38,253
lieu
——
of
EARNINGS
INCOME
from
Net
sales
of
Cost
24 Weeks
Years Ended Dec. 31-<
1947
$32,678,106
Total
$675,376
$554,734
Normal
346,700
$1.64
this
$1.89
FOR
company
on
SEPTEMBER
railway
Gross
Other
Gross
from
from
ry.
AND
FIRST NINE
MONTHS
$656,493
616,493
464,026
•
81,380
55,269
$170,752
$261,970
$134,753
$170,752
_
income
54,515
$268,109
.
,
6,139
—_
income
.
208
58,865
-
105,000
$105,544
income
Excess
tax
$156,048
$138,982
.
628
$134,228
235
1,015
and
—,
profits
$133,601
4,230
,
7,060
65,000
deductions
surtax
.
55,000
,
4,509
92,998
tax
1946
168,
P.
$2,678,690
$2,296,588
$1,984,109
$1,743,189
919,495
618,820
482,991
*51,897
532,510
173,578
478,204
S36.485
1300.
Yonkers Electric Light & Power Co.
Period End.
Operating
$84,998
1948—3 Mos.—1947
Sept. 30—
Earnings—
;
,
1948—12 Mos.—1947
$1,129,286
$1,039,256
$4,710,844
$4.3^0,083
966,429
915,978
3,943,230
3,733,318
$162,857
$123,278
$767,614
$65 6. "if 65
631
731
2,152
$163,488
revenues
$124,009
$769,766
Oper. rev. deductions—
income
—
*•."
Z
income
.
2,121
1945
*222,750
income
railway
—V.
profit
Non-oper.
1947
22,416,029
income—
•Deficit.—V. 168, p. 1842.
19,482,548
16,814,651
15.§75,402
6,179,332
5,441,068
3,314,654
3,834,153
2,961,642
2,723,248
1,855,409
1,646,384
'
"
I
it®
income
Gross
Income
Net
railway:
oper.
profit
Operating
1948
railway
oper.
Net
$806,516
880,134
907,942
353,208
1945
$1,223,485
641,877
products sold—
1946
$867,145
—__—
Selling and adm. exps._
June 14,'47
From Jan. 1—
Net
STATEMENT
6 Mos. End.
—Ended—
share
September—
ry.
180,000
UNDERWRITER—Baker, Simonds & Co., Detroit,
1525.
p.
Oct. 28 announced that the rail¬
road
had
acquired $5,319,000 of its fiyst general 4s of 1949
at a
cost
of $4,202,284
pursuant to the invitation
to
holders to tender
their bonds for purchase.
The trustee accepted all bonds offered at
prices below 80% of par.
It Was stated that $10,539,000 of bonds
had been tendered for purchase
pursuant to the offer.-
Net
received
theretofore outstanding.
shares
property.
1,089,376
414,000
:
200.000 shs.
1948, the company was recapitalized. Prior to thai date
38,253 shares of common stock issued and outstanding
7,
been
shares
346,700
—
Outstanding
300,000 shs.
..
45,998
total
ury
$39,706,613
outstanding
FINANCING
$0.17
of
26 Weeks
—
PRESENT
TO
*
Authorized
stock
Common
June 26,'48
1
accounted
but
COMPARATIVE
$78,102
was
by sales of the masonite tile wall boards.'. With increased avail¬
ability of raw materials, the company has been able to increase pro¬
duction and Intends to increase the proportion of its sales made. to
3400.
trustee
Net
the
under
sold
During 1947 and the current year approximately
to Montgomery Ward & Co/, Inc.
were to Sears, Roebuck and Co. The balance of
company
were to wholesale and retail dealers. - Ap¬
sales
the
1948
Wisconsin Central'Ry.—Acquires $5,319,000 Bonds—
from
the
supplement
and
required.
are
the
Net
Gross
would
company.
approximately 15%
On
possible inventory adjustments.—V. 168,
common
the
known,
of the saies of the company were
wholesale
Sept.
asset
-
per
165,
low,
and
2,604,104
charges
—V.
and 'baked'
painted
Because of tlveir
for
-
Earnings
give >an
company's name and. as
past primarily to the two
department store firms. Montgomery Ward & Co., Inc.
Roebuck and Co. which place individual orders as the
order
—Ended—
Net profit-.!
Common shares
and
cost
tiles is not
,
Wall
proximately 80%
1
after
then
machinery.
manufactured
plastic
products,
company's
7,311,279
Period—
sales
to
The ultimate
production thereof
in volume may not occur for some time.
No patents are material to
either the masonite board,' aluminum tile or moulded plastic tile pro¬
sales
of
amount
19,876,962
Winn & Lovett Grocery Co.—Earnings—
Profit
By
finished
are
sections,
square
continuous
June 30. '48
Net
are
intends also to manufacture and sell wall tiles moulded
recent development in the industry. Such plastic tiles'
company
from
3,450,614
non-recurring
reserves
the
uses
ceramic tiles.
for some
than
structures.
new
15,324,282
charges
common
a
boards
wall
by
a
7,724,234
the
—
and
sold
recent development in the industry.
Such pla tic tiles
redecoraticn of older homes and buildings and for installation in
75%
Wilson Brothers—Earnings—
after
tiles,
the
masonite
The
and
and
individually
to
aluminum
formed
4,825,739
Nine Months Ended Sept. 30—
Net sales
—
homes.
Fiber
types
two
masonite
from
decorative
business
a
Yankee
sells
and
manufactured
wall
of
name
buildings and
and
masonite
the
purchased
under the
tiles
desirable
comparable
plastic,
there
income
in
use
aluminum
more
process,
infra-red
from
be
to
21.805,592
compared
share.—V.
per
Detroit
in Michigan
set ceramic wall tiles.
After
the masonite boards are painted and polished and are thus
tile-like finish. The individual aluminum tiles afe manufac¬
products
During the third quarter, the directors declared the sixth conse¬
quarterly cash dividend which amounted to 14 cents per share,
Oct. 20. Including
this payment, dividends disbursed from
ordinary income applicable to the past 12 months have amounted to
cents
Registrar.
incorporated
was
organization
1929
substitutes for ceramic
are
scoring,
given a
tured
its
since
for
and
cutive
64
Detroit.
of
Company' manufactures
Co.
aluminum,
boards
scoring
347,513
the date of initial public offering. In addi¬
value, a special distribution of 4 cents
at the end of 1947 from security profits.
paid
been
stock
covering materials, one. fabricated
from
244,778
1947,
increase in
was
wall
company
in
Bank
upon
conducted
5,925,693
of
value
«
,
charge of finance, has
common
BUSINESS—Company
Company
been
10,797,717
income
March
on
to the
AND
and
27.629.370
in
1300.
p.
National
Agent,
had
780,136
1628.
p.
168,
on Oct. 20
($1 par) at $5
The 100,000 shares consist of the following:
Manufacturing
501,369
,
<
railway-—
$15.46
$15.00
stockholders shall also be entitled
«n\nh^0fif^S,Jb£criPu?n privile&e for such shares as shall have
ThT snhcorb
f°r', sub)ect to allotment. Rights expire Dec 1.
is made
6
determined shortly before the offering
hppn
$1.80
100,000 shares of
1938.
7,
which
The
1947
1,027,748
railway
asset
The
—Vet168Cpmi94
$3.18
Co.
"Straits
217 866
$1,227,951
$8.52
Chapman, Vice-President
duction.
Whitehall Fund, Inc.—Asset Value Higher—
766658-
251,246
$5.10
Offered—Baker, Simonds & Co., Detroit,
Transfer
Trust
Other
1946
338,446
20,000 authorized but unissued shares offered by the com¬
pany and 80,000 outstanding shares offered by certain
of the principal stockholders of the company.
are
,
1947
$1,141,345
1
expenses
C.
1,501,168
720,303
Income taxes
Victor Equipment
Co.—Earnings—
Quarter Ended Sept. 30—
Donald
1,591,220
691,955
income—
oper.
168,
The
11-year 4%
Insurance Co. of Philadelphia on serial
notes
33/4%, due Sept. 1, 1949-51. Stifel, Nicolaus &
Co., Inc.;
A. C. Allyn & Co., Inc., and E. H.
Rollins & Sons, Inc.,
income
1,137,656
784,518
railway
from
ry.
promissory
$1,500,000 from Provident
notes, due Sept, 1, 1959, and
W.
share.
per
the
Life
Federal
1945
$4,617,889
railway-
from
Net
by the Westinghouse Elec-
United States Sugar
Corp.—Borrows $4,000,000 From
Insurance Companies—The
corporation, it was announced
Nov. 2, has borrowed
$2,500,000 from The Mutual
Operating
1946
$4,232,891
1,577,540
per
,
$608,030
338,446
-
director.—V.
a
offered
and
made
168dpdlSl488Uted exclusively by the United
?ncf£«fCSgoods
Cost of
1947
by
plastic
share
appearance
Earnings$3,689,650
income—
oper.
Net
tNet
were
$3,697,538
payable
of
high-pressure
a
$4,775,533
1488.
from
Gross
was
Actuary of the Life Insurance Agency
Harford, Conn., has been appointed Vice-
in
this corporation.
Micarta
$380,880
1627.
Micarta, applicable wherever a durable, decora¬
required, are outlined in a new brochure just issued
is
2,098,348
1948
From Jan. 1—
City of New
United States Plywood Corp.—Issues
Brochure
Thirty-four
2,094,174
Wheeling & Lake Erie Ry.- -Earnings—
ry.
iAfter (axes and charges.—V.
168, p.
company.
President,
with
243,634
$4,452,792
railway—™
from
$0.26
1945
$1,076,208
352,731
.
considered
(no par) at $66
Net
$0.13
1946
1947
$3,004,155
705,462
shares
Yankee Fiber Tile Manufacturing Co., Detroit, Mich.—
line
Net
formerly
Association
of
243.278
railway
168, p.
Gross
representing a transfer from
contingencies.
Moorhead,
$5,795,886
September—
York—New Vice-President—
President
$6,869,707
$648,818
oper.
1948—9 Mos —1947
$0.08
States Life Insurance
Management
168,382
Weyerhaeuser Timber Co.—Second Offering—Blyth &
Co., Inc. on Oct, 25 offered 2,000 shares of common stock
'
$55,680,062 $55,876,885
228,324
544,521
*736 570
2,303,164
2,303,164
2 303 164
208,848
per com.
'
from
ry.
(& Subs.)—Earns
1948—3 Mos.—1947
profit
shs.
from
Net
$18,493,506 $18,538,901
Common
$5,627,504
178,051
$624,514
—
from
Net
1627,
United Cigar-Whelan Stores Corp.
Period End. Sept. 30—
Earnings
$6,691,656
7,583
,
..
$892,096
railway
from railway—
ry. oper. income—
Net
but before provision
_
tNet
$616,931
$1.90
168,
sales
15,101
income
Whiting
net
Gilbert
a
—V.
2,195,943
/
Net
$876,995
__
$4,893,584
"After interest, depreciation
.
1947
$5,118,348
share
com.
113,241
From Jan. 1—
2,228,324
„
per
113,5Q7
168, p. 1628.
Net
Union
to
$5,688,798
taxes
shares outstand—
Earns,
316,172
11,825
Western Pacific RR. Co.
128,307
$5,754,250
inc.
1,260,395
13,166
income
Net
-V.
Bond
"B"
Mr.
charges and Federal taxes.
•
profit for the six months ended June 30, 1948, was S2.073,.729, or $2.94 a share, against $1,894,999, or $5.37 a share, in the first
six months of 1946.—V. 167, p. 1935; V. 166, p. 2466.
tile
Gross
Fund
capacity."
$3,597,029
per
The
$5,424,573
189,197
income-
charges
the certificate Qf in¬
designated as Union Fund
United Biscuit Co. of America (&
Subs.)—Earnings—
Proy. for Fed.
4,768,000
$5,544,768
(net Br)_
rents
Gross
Gross
•Profit
442,000
$558,333
70,423
September—
corporation to eliminate the class of stock
Special and to change the name of Union
Bond Fund.—V.
168, p. 890.
9 Mos. End. Sept. 30—
660,000
$700,964
par
amending
1948
profit
Tile
were
shares,
fac.
1948—9 Mos.—1947
$3,503,428 $33,316,811
2,503,095
23,004,043
$30,906,014
21,394,441
4,087,000
—.
Net ry. oper.
Other income
of
"C"
rated
of
Co.—Earnings—
Sept. 30—
of capital
HISTORY
previously repurchased by the corporation.
Oct. 22, 1948, 801,452 shares of the capital stock qf the com¬
outstanding (consisting of 29,023 Union Bond Fund "A"
shares, 183,695 Union Bond Fund "B" shares, 191,929 UniQn Bond Fund
As
pany
95%
over
earnings
company's
9 Mos. End.
9,229,419
1948—Month—1947
2,573,771
Operating income
Equipment rents (Cr)__
shares,
Preferred
shares)
that
384,638
1.421,638
$3,934,735
revenues
expenses—.
and
on these figures John T. Whiting, President, stated:
earnings for the third quarter over previous periods
high level of sales.
Ingot production for the
Yale & Towne Mfg. Co.—New Director—
442,273
Ry.—Sept.. Earnings Show Gain—
reduction of the
a
brought
stock
Union
18,594
"C"
Union
Operating
Operating
Jt,
will vote
9
Maryland
taxes
Increasingly
the
of
Stock
Western
Period End. Sept. 30—
during the
Common
$1.08;
income
for the nine months were very timely' in
large cash requirements during the period
of
its
general
improvement
program
which
includes
constructjbn
of a new
30-inch hot rolled strip
mill.
This mill, with a capacity
of
218,000 net tons annually of sheet and strip steel, is scheduled
for completion by the end of 1949.—V. 168, p. 1525.
•Profit,
tlncludes adjustment of $80,000 between income and surplus
equivalent to estimated reduction in Federal income tax resulting from
surplus Items.'—V. 168, p. 989.
<
"
■
'
1948
the
stated
view
Omitted)
99,503
21.77
17.63
*
B—
Fund C
estimated
of
3JU.14Q
for prior years.
wages
improved
also
,
Union
adjustment
$180,000
1946
.*1,433,121
commenting
elected
Union
1947
$26,607,175 $17,629,982
•$95,305
'
-(000
of
values
asset
1948
2,383,890
taxes
&
provision for dividends on the preferred stock, 1948
earnings are equivalent to $4.38 per share on the 483,662 shares of
common stock outstanding.
-
22,835,152
5,343,842
$407,793
income -1income
of
charges
$24,689,247
25,658,667
5,664,847
report just issued.
The
Y.,
the company's general
•After
Sept. 30—
according to the corporation's annual
year,
the
N,
NOTE—After
1948—12 Mos.—1947
$5,617,867 $27,313,686
$6,072,640
Operating revenues
Oper. rev, deductions-
all
quarter was at the rate of
company
kwh.,
168,
At Sept. 30, 1948. net assets (based on carrying investments at clos¬
ing quotations) amounted to $11,923,794, compared with $14,001,838 at
end of September,
in
be
St., New York,
$33,523,472
after
retroactive
168,
for the
increase
the corresponding
this
114,246,000
103,506,000
of
output
168,
properties
amounted
1948
Westchester Lighting
Non-oper,
the
Wall
should
purpose.—V. 167, p. 158.
sales
Net
accrued
and
the applicant's short-term
pay
working
collateral
as
Operating
Union Trusteed Funds, Inc.—Net Assets at
it of first mort¬
Tenders
interest.
corporation at its ofiice, 14
10 a.m. (ESTi on Nov. 15.
than
funds for the abovementioned
"The
output
ended
week
1488.
p.
the
of
unpaid
The directors have appropriated $290,000 from
•Net
•Does
accumulated
and
later
not
tenders for the sale to
has invited
corporation
6% incQme oonds, due May 1, 1963, at a flat price which includes
gage
§ Months Ended Sept 30—
(1)
company
to procure the
delivery of hot exceeding $6,448,000 of additional
to pledge and repledge them in whole or in
part
and
time
to
1.
the
lien
first
Oct.
proceeds
restore
bonds
authorized
Period End. Sept. 30Net
their subscription on Dec.
prepay
so
1628, 1736.
week
<fc
invests.
income
and
to
time
Power
(net)
sources
Total
Fixed
next.
West Penn Electric Co.—Weekly Output—
25,301,297
1,146,749
from
other
with
reflect
opers
from
operations
gas
together
trans¬
6,202,707
portation
•Income
1,
to
do
21
due
the
authentication
pp.
Net
314%,
and
and
from
10,269,309
10,168,568
to
$9,500,000
C,
series
1,829,074
wish
Oct.
on
exceeding
interest
76,000,094
19,899,590
20,529,898
iac.
(net)
who
permitted
ICC
series
Net-rey. fr,
after June
for the new stock
checks for the accrued
Certificates
year.
Virginian Ry.—Bonds Authorized—
$
expenses
oper.
a
subscribers,
The
(Alan) Wood Steel Co. (& Subs.)—Earnings—
1948—9 Mos.—1947
1948—Month—1947
30—
$
Railway
shortly
6%
of
to
Witherbee Sherman Corp.—Invites Bond Tenders—^*.
31,
1, 1948,
offering price, plus
an
adjustment for the difference in dividends to be received and
interest allowed during the installment period.—V. 168, p. 1842.
Union Pacific RR. (& Leased Lines)—Earnings—
Period End. Sept.
rate
mailed
Monday, November 8, 1948
payment of the subscription price on the
1948, and one-third op March 1 and
with interest on partial payment to be
Dec.
on
respectively,
Stockholders
would
(Excluding Offsetting Accounts Between
contemplates
the
at
be
interest,
1735.
FINANCIAL CHRONICLE
COMMERCIAL &
Sales
of
62,626
272,316
*297,652
$61,383
$497,450
S361.&34
to
27,014,173
25,652,675
—
eletr.—kwh,___
•Includes
alent
67,310
$9o,178
deductions
income
adjustment of
estimated
S658.886
117,735,465 101,977,123
$54,000 between income and surplus equiv¬
in Federal income tax
resulting from
reduction
refinancing costs and other surplus items.—V. 168, p. 989.
Volume 168
Number 4749
THE
.
COMMERCIAL &
FINANCIAL
CHRONICLE
(1947)
51
STATE AND CIT 7 DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
County
Board of Education capital outlay
warrants
offered on Oct. 29—v.
1843—were awarded
p.
of
to
a
Trust
the
Co. of Georgia, of Atlanta, Ira
Haupl & Co;, Seasongood & Haas,
Co.,
Bank" &
Provident
Trust
Savings
Co., both of Cin¬
third
Bhsh
" Securities
Co., of Mobile,
Hugo Marx & Co., Berney Perry
& Co., both of Birmingham, Newmhn, Brown & Co., of New Or¬
rants
$256,000
'
Due
from 1952 to
Due
579,000 23/4s.
*
All
turing
in
deemable
are
said
of
to
1959
at
on
the
County" Board
Feb. 1 from
of
a
member oLthe
the
awarded
bonds
warrants
1,
Education
San
*
Gorgonio Pass Memorial
Hospital District (P. O.
Banning), Calif.
$12,000 from 1960 to 1964 incl.,
and $13,000 from 1965 to 1969
re¬
Broderick
the
on
Bond
1,
offered
1629—were
and
Oct.
on
New
Britain
awarded
to
168,
Dec. 15 from 1949 to
1963
loan notes.
Due Nov.
Dated Nov. 12, 1948.
12, 1949.
Principal and
interest guaranteed by the State
of
Connecticut.
A
copy
of
the
approving opinion of Gross, Hyde
and Williams, of Hartford will be
furnished by the Authority to the
purchaser without cost.
,
Bond
City
Offering—Joe
Clerk,
will
bids until 10
16
for
a.m.
R.
Fuller,
receive
sealed
(MST)
the purchase
not to exceed 4%
light and
power
on
Nov.
$1,800,000
interest electric
revenue
Dated Nov.
nomination
of
coupon
1, 1948.
De¬
Due serially
Mendocino
County School Districts
(P. O. Ukiah), Calif.
Bond Sale—The $375,000 bonds
on
made
was
by
a
group composed of Courts & Co.,
Blair & Co., Inc.,
Milhous, Martin
&
Co.,
and
Stockton
Broome
&
Co.
ILLINOIS
Chicago Sanitary District, III.
Bond Offering—Bryan
Hartnett,
District Clerk, will receive sealed
bids until 11 a.m. (CST) on Nov.
18 for the purchase of
$13,625,000
series 12 construction bonds. Dated
Dec. 1, 1948. Denomination
$1,000.
1968, optional Jan. 1,
follows:
$730,000 in 1951 to
1967, and $855,000, in 1968.
All
Due Jan.
1,
as
bonds redeemable
on the earliest
date shall be redeemed before
any
bonds optional at a
subsequent
date
called for payment.
are
Bid¬
ders shall
specify the rate of in¬
(one rate for the entire
terest
issue)
in multiples of l/% of 1%.
Bonds will be awarded to the ac¬
est
rate of interest. The best bid
shall be the acceptable bid
speci¬
Improvement Commission
fying the
lowest
(P. O. Tallahassee), Fla.
.Bond Offering — C. H. Over¬
man, Director, will receive sealed
and if two
bids
until
2:30
p.m.
(EST) on
Nov. 10 for the purchase of $600,000 Columbia County road rev¬
rate
of
interest
such
series
enue,
Dated Dec.
16
coupon
1, 1948.
bonds.
Denomination
$1,000.
$1,000.
Due Dec. 1, as follows:
1, from 1950 to 1968 in¬ $20,000 from 1949 to 1952 inclu¬
in amounts which will sive; $25,000 from 1953 to 1955 in¬
ARIZONA
require substantially equal annual clusive; $30,000 in 1956; $45,000 in
pjfjered on Nov. 1—v. 168, p. 1843 payments of combined principal 1957; $55,000 in 1958; $60,000 from
Maricopa County School Districts —were awarded to the Bank of
and interest throughout the en¬
1959 to 1.961 inclusive; $65,000 in
;
{P.O. Phoenix), Ariz.
America National Trust & Savings tire
period, consistent with $1,000 1962, and1 $70,000 in 1963. The
Bond Sale—The $4o0,0UU bonds
Association, of San Francisco, at a denomination bonds.
At the op¬ right is reserved to retire all or
offered on Nov. 1—v. 168, p. 1629
price of 100.004, a basis of about tion of the City, these bonds shall any of the bonds
outstanding 011
-were
awarded to John Nuveen
2.648%, as follows:
be subject to redemption prior to any interest
payment date on or
&. Co., and Dempsey & Co., both
$250,000
Willits
Union
School maturity, in
inverse numerical after Dec.
1,
1958.
In
deter¬
of. Chicago, jointly, as follows:
District
bonds:
for $160,000 order, on Nov. 1, 1953, and on any mining the net interest
cost, in¬
$350,000
School District No. 4
2V2s, due on Nov. 1 from interest payment date thereafter, terest will be computed to the
;
bonds at a price of 100.036, a
1949 to 1964 incl.1*, and $90,000 at par and accrued interest, plus
maturity date from Dec. 1, 1948.
net
interest
cost * of
about
2%s, due from 1965 to 1973 a premium on each bond in ac¬ The bidder must name an interest
3.09%, as follows: $57,000 2s,
incl.
cordance
with
the
following rate expressed in the multiples of
due on July 1 from 1949 to
chedule: $50 if called for redemp¬ y4, 1/10 or 1/20 of 1%.
125,000
Willits
Union
High
Principal
1952 incl.; $36,000 2V4s, due
School
District
bonds:
for tion on or after Nov. 1, 1955; $40 and interest payable at the Bar>in 1953 and 1954; $36,000 2%s,
$80,000 2V2S, due on Nov. 1 if called for redemption on or af¬ nett National Bank of Jackson¬
due in 1955 and 1956; $59,000
from 1949 to 1964 incl., and ter Nov. 1,1955, but before Nov. 1, ville.
The bonds will be issued
2%s, due from 1957 to 1959
$45,000 2%s, due from 1965 to 1957; $30 if called for redemption and sold by Florida State Im¬
incl.; and. $162,000 3s, due
on or after Nov.
1, 1957, but be¬ provement Commission. The pur¬
; \ 1973 incl.
from 1960 to 1968 incl..
chaser and the Commission will
All of the bonds are dated Nov. fore Nov. 1, 1959; $20 if called
100,000 Mesa High School Dis¬
for redemption on or after Nov.
determine
whether
or
not
the
1, 1948.
trict bonds at a price of 100.1, 1959, but before Nov. 1, 1961; bonds will be delivered at the
Oroville School District, Butte
084, a net interest cost of
$10 if called for redemption on Florida National Bank of Jack¬
about 3.099%, as follows: $20,County (P. O. Oroville), Calif.
or
after Nov. 1, 1961, but before sonville, or at some other bank in
Bond Offering—W. F. Matthews,
\ 000 2s, due on July 1 from
Nov. 1, 1963.
A bank cashier's check
No premium will Florida.
1949
to
1952
incl.; $10,000 County Clerk, will receive sealed be
paid if bonds are called for for 2% of the par value of the
2V4s, due in 1953 and 1954; bids until 11 a.m. (Calif. DST) on
redemption on or after Nov. 1, bonds bid for, payable to the
$10,000 2V2s, due in 1955 and Nov. 22 for the purchase of $175,1963.
Bidder to name the rate of Commission, is required. Giles J.
1956; $15,000 23As, due from 000 not to exceed 5% interest
interest, expressed in the mul¬ Patterson of Jacksonville will give
1957 to 1959 incl.; and $45,000 building bonds. Dated Jan.
1,1949. tiples of J/4 of 1%; however, the his
approving opinion to the ef¬
j 3s, due from 1960 to 1968 inch Interest J-J. Denominations $1,- annual interest on each bond shall
dike, Palmer & Dodge of Boston.
about 2.44273%,
ceptable bidder offering the low¬
Florida
Trinidad, Colo.
bonds.
inclusive.
i
FLORIDA
p,
&
e r
•
COLORADO
Juran
Housing Authority,
Conn.
O f f
ng — Charles S.
(Calif.
DST) On Nov. 30 for the purchase Graham, Secretary, will receive
sealed bids until 11 a.m. (EST)
of
$200,000
construction
bonds.
Bidders to name one rate of in¬ on Nov. 8 for the purchase of
terest in a multiple of y4 of 1%. $1,199,100 (series Ml) temporary
construction
29—v.
City Bank of New
York..
Note
sewer
Moody, of St. Paul, as 33/4s, at a
price of 100.123, a basis of about
3.738%. : Dated Dec. 15, 1948 and
due
National
Sanitary District (P. O.
acquisition
bonds
high bid of 100.277 for l%s was
by a syndicate headed by
be received until 7.30 p.m.
No bid for part of the bonds will
be ^considered. The bonds will be
are dated July
1, 1948. Second high bid of 102.809, or a net interest cost of
made
Bond Offering—Sealed bids will
principal amount of
bonds bid, payable to the District.
Broderick), Calif.
Sale—The $95,000
Nov.
on
incl.
All of the bonds
15 from 1949 to 1968 incl. Second
v
''
for 3%-of the
CALIFORNIA
ma¬
1970, are
option of
•
failfe* to■< approving opinion of O'Melveny &
Myers, of Los Angeles, will be fur¬
--.
nished.
Enclose a certified check
and
complete the purchase.
dated Aug.
1958, or on any interest
payment date subsequent thereto
at- par and accrued interest plus a
premium equal to 12 months in¬
terest.
Said issue is payable from
the 3-mill Special County School
tax levied on all property located
within the County.
Legality to
be approved
by Storey,* ThornAug.
bank that is
15, 1948 and due $225,000
the
FDICj to be held as .liquidated sold for cash only and for not less
damages: in the event that he is than par and accrued interest. The
*
e-
inclusive.
1970
to
•The warrants
1948.
inclusive.
1964
to
1965
some
Due oh Feb. 1 from
665,000 3s.
1958
(
1
.
1956 inclusive.
-
.
\
Feb.
on
premium,
be called
approving opinion
of Townsend and Townsend, of
Little Rock, will be furnished by
the city with no cost to the pur¬
chaser. Each bidder is required to
file with the City Clerk a check
in the sum of $7,500, certified by
2.879%, for the war¬
3y4s;'
1%
a
bonds with the
a'net interest
follows:
as
years,
without premium. In all cases with
accrued
interest.
The: printed
Wood & Co.,
of Montgomery. The group paid a
or
five
and thereafter they may
leans,'and Gedrge M.
price, of 100.03,
will
paying date at the follow¬ of the amount of each issue, pay¬
ing premiums: For the first five able to order of the Chairman of
years, a 3% premium, for the next the Board of
Supervisors, is re¬
five years, a 2% premium, for the
quired.
cinnati, Courts & Co., of Atlanta,
cost Of about
bonds
payment
interest
both of New York, Weil, Roth &
Irving
for
prior to
the maturity in inverse numerical
(P. O. Birming¬
ham), Ala.
.Warrant Sale — The $1,500,000
168,
The
1955, incl., and $8,000 from dicate composed of Halsey, Stuart
1956 to 1963, inclusive.
& Co., Inc., Phelps, Fenn & Co.,
30,000 building bonds. Dated July Blair & Co., Inc., Goldman, Sachs
order as follows: If called for pay¬
1, 1948, and due July 1, as &
Co., Schoellkopf, Hutton &
ment from surplus revenues from
follows:
$6,000 in 1952, and Pomeroy, Inc., Adams, McEntee &
the ad valorem tax, at par and ac¬
$8,000 from 1953 to 1955, incl. Co., Inc., Reynolds & Co., Otis &
crued interest on any interest pay¬ •I The
bonds are in $1,000 denomi¬ Co., Eldredge & Co., Inc., and Ira
ing date; if called for payment nations. 4 Principal
and
interest Haupt & Co., all of New York, as
from funds other than
the tax
payable at the County Treasurer's l3/4s, at a price of 100.4199, a
funds, they may be called on any oftice. A certified check for 5% basis of about 1.794 %. Dated Nov.
callable
be
syndicate composed
interest.
accrued
ALABAMA
Jefferson
Nov.
clusive,
*
,
'
•
:
»
•
mitted
rate
of
or
bids
more
sub¬
are
specifying the same lowest
interest, the bid naming
lowest rate of interest and
offering the largest amount of
premium will be accepted.
The
bonds
be
Prin.
registered
may
principal.
at District
payment
int.
and
Treasurer's office.
the
of
to
as
payable
For
principal of the
bonds it is contemplated that taxes
will be levied $800,000 for each
of
the
1948
years
$465,000 for the
bonds
cost
construction
of
known
1963, * and
1964.
These
to be issued
are
of
ment
td
year
to pay the
and enlarge¬
sewage treatment
and
described
as
works
West-
Southwest
Sewage Treatment
Calumet Sewage Treat¬
Works,
ment Works and Northside
Sewage
Treatment Works made necessary
by a decree of the Supreme Court
of the United States, and are pay¬
able from ad valorem taxes to be
levied upon all the taxable prop¬
erty within the boundaries of the
District, without limitation as to
rate
amount.
or
Proposals will be
referred to and considered by the
Board of Trustees at its meeting to
be
held
above
at
date
-
2
p.m.
(CST),
on
the
when
award
of
the
bonds will be made if
bids
is
received.
considered
purchase
that
the
No
does
entire
satisfactory
bid will
not
be
offer
issue
at
to
not
•
-
fect that such bonds
All of the bonds
dated
are
July
000 and
in
ARKANSAS
;
Hot
Bond
son,
on
.
<-•'
Springs, Ark.
Offering—Emmett
Jack¬
City Clerk, will sell at auction
Nov. 30, $785,000 not to exceed
3^%"interest
water
works
im¬
provement bonds. Dated Nov. 1,
1948.. Due Dec. 1, as follows: $22,000 in
1951; $23,000 in 1952; $24,000
in
1953;
$25,000
in
1954:
$26,000 in 1955; $27,000 in 1956;
$28,000 in 1957; $29,000 in 1958;
$30,000 in 1959; $31,000 in 1960;
$32,000 in 1961; $33,000 in .1962;
$34,000 in 1963; $36,000 in 1964;
$37,000
$40,000
$500. Due Jan. 1, as fol¬
$500 in 1950 and 1951; $5,000
1952; $5,500 in 1953; $6,500 in
lows:
1, 1948.
in
in
1965;
1967;
$39,000
$41,000
in
1966;
in
1968;
$43,000 in 1969; $44,000 in 1970;
$46,000 in 1971; $47,000 in 1972,
and $48,000 in 1973. The trustee
for the pledge of revenue and the
place of payment may be named
by. the purchaser. Bidders are to
name a single rate of interest and
a
price of not less than par and
be at
one
maturing
bear the
rate
on
only and all bonds
same date shall
rate.
Principal and
same
1954; $5,500 in 1955; $6,000 in 1956; interest
(M-N)
payable at the
$6,500 in 1957 and 1958; $7,000 in
City, Treasurer's
office.
Bonds
1959 and 1960; $6,500 in 1961 and
are payable solely from the rev¬
1962; $7,000 in 1963 and 1964; $7,- enues of the electric
light and
500 in 1965 to 1967; $7,000 in 1968;
power
system of the City. The
$8,500 in 1969; $11,000 ,in 1970; successful
bidder
will
be
fur¬
in 1971; $14,000 in 1972, nished,
by
the
City,
without
$15,000 in 1973. Principal and charge, the executed bonds, a cer¬
interest
payable at the County tified transcript of the proceed¬
Treasurer's office. Enclose a cer¬
ings -authorizing the bonds. De¬
tified or cashier's check for 10%
livery of the bonds will be made
of the par value of the bonds bid
at the place chosen by the pur¬
for, payable to the County Treas¬ chaser.
A certified check for 2%
$13,500
and
urer.
of the total par
Richgrove School District, Tulare
County (P. O. Visalia), Calif.
Bond Offering—Gladys Stewart,
County Clerk, will receive sealed
bids until 10 a.m. (Calif. DST) on
Nov. 9 for the purchase of $104,000
not to exceed 5% interest bonds,
divided
as
value of the bonds,
payable to the City Treasurer, is
required.
Legality
to
be
ap¬
proved by Myles P. Tallmadge of
Denver.
$74,000 building bonds. Dated Dec.
1, 1948, and due Dec. 1, as
follows:
$2,000 from 1951 to
p.
of
Way cross,
Ga.
Sale—The $575,000 bonds
Bond
Nov. 3—v. 168, p. 1737
offered
on
—were
awarded to
a
Co.,
Savannah,
of
Clement
A.
National
Bank, J. H. Hilsman
tified
&
Co., and Norris & Hirschberg, all
of Atlanta,
a
2.4421%,
as
cost
of.
about
1959 incl.
Due
1960
4—v.
1408—were awarded to
a
syn¬
from
1950 to 1959 incl.
payable in
the date of delivery of
conditioned.
or
Enclose
a
must
cer¬
cashier's check for $265,-
300, payable to the District.
Collinsville, III.
Bond Sale—John Nuveen & Co..
and J. T. Schwartz &
follows:
$170,000 2y2% school bonds. Due
$17,000 on July 1 from 1950
to
so
at a price of 102.819,
interest
net
on
said bonds, and each proposal
be
125,000 2%% park and recreation
bonds. Due July 1, as follows:
Nov.
Chicago
Co., Citizens & Southern
168,
on
Federal Reserve funds
Evans &
100,000 21/2% park and recreation
bonds. Due $10,000 on July 1*
offered
par and at one rate of
interest, and otherwise conform to
the specifications herein set out.
The printed bonds and approving
opinion of Chapman & Cutler, of
Chicago, will be furnished to the
purchaser by the District.
The
bonds "will be delivered in Chicago
as soon after Nov.
18 as possible,
and the purchaser must be pre¬
pared to pay for said bonds in
group com¬
posed of Johnson, Lane, Space &
(State of)
$4,500,000 Uni¬
Connecticut building
Connecticut
bonds
GEORGIA
to 1969 incl.
Bond Sale—The
versity
valid and
180,000 23/4s school bonds.
$18,000 on July 1 from
CONNECTICUT
follows:
are
legal.
the
less than
Co., both of
Chicago, jointly, have purchased
the following $250,000 bonds:
$150,000 water works and sewer¬
age revenue bonds, as 3%s.
Due in from 2 to
40 years.
90,000 working cash fund bonds,
at a price of 100.136, for $40,000 3 V4 s, due on Oct. 1 from
1956
to
1959 inclusive, and
$50,000
from
3*£s,
1960 to
due on Oct.
1964 inclusive.
1
52
.
Cook
'
County Sch. Dist. No. 96
(P. O. Riverside), III.
Sioux
Bond
Sale—The $200,000 bonds
awarded
First
the
to
1526—
p.
Na¬
$75,000
ment bonds sold
Jan.
on
1
inclusive.
improve¬
School
Central
l%s.
as
Due
to
1954
1952
from
(CST) on Nov. 17
for the purchase of $825,000 City
Hall bonds.
Dated Nov. 1, 1948.
Due
$20,000 June and $10,000 Dec.
1, 1950 to 1952, $25,000 June and
$10,000 Dec. 1, 1953 to 1958, $25,~
000 June and
to
1961, $30,000 June and $50,000
1, 1962 to 1965 and $35,000
and $50,000
Dec. 1, 1966.
Dec.
-
125,000. school site and building
bonds: for $5,000 l%s, due in
1954; and $120,000 2V2s, due
from 1955 to 1968 inclusive.
All of the bonds
dated Nov.
are
1, 1948. Second high bid of 100.30
$75,000 l%s and $125,000 2%s
was made by Harriman Ripley &
for
Co., of Chicago.
June
Principal and interest payable at
the City Treasurer's office.
All
bids shall specify the rate of in¬
terest, and all other things being
equal, the bid of par and accrued
interest or better specifying the
lowest interest rate will be given
preference. The City will furnish
the printed bonds and the approv¬
Covington, Ind.
fied
Sale—The $218,000 water
revenue
28
bonds
168,
offered
School
2%
^
the
of
par
amount of the bonds bid for.
p.
Walter, Woody & Heimerdinger
and Widman & Co., jointly.
Jeffersonville
for
check
certi¬
a
KANSAS
Liberal, Kan.
$330,purchased
composed of Beecroft,
Cole & Co., and Seltsam & Co.,
both of Topeka and the SmallMilburn Co. of Wichita, as previ¬
ously noted in v. 168, p. 1844
by
Bonds
sold
were
follows:
as
2%s.
$201,000
from
City, Ind.
Bond
Co., of Louisville,
is
making
public
offering
of
$116,000 1%% and 3% sewer rev¬
enue bonds, dated Oct. 1, 1948 and
including $46,000 l3As, due on Oct.
1962
Due
Due
1964
to
Aug.
on
1
inclusive.
Aug. 1 from
on
the denomination
which system will be operated in
The bonds
conjunction with the sewer sys¬
acquired by the District
with the proceeds of the District's
Massachusetts
1949 to 1954 inclusive and
from
1
bonds. The two issues of the Town
will
Ky.
Versailles,
$110,000 2%%
Sale—The
school
inclusive.
The
bonds
are
terest will be considered. Bids are
the
Bidders will be required to name
the
rate
of interest which the
Nov; 1,1948.
bonds
are
to bear.
must
xate
in
be
Such interest
multiples of
44
in¬
by
of 1%, and not more than one
terest
rate
shall
be
named
each bidder. Bonds will be direct
obligations of the Town payable
out of unlimited ad valorem taxes
be levied
to
the taxable
collected
and
all
on
property in the Town.
The opinion of Ross,
McCord, Ice
& Miller, of Indianapolis, approv¬
ing the legality of the bonds, will
be
furnished
bidder
at
Town,
No
be
to
the
or
successful
conditional
considered.
fied
the
of
the
bids
will
expense
Enclose
cashier's
a
check
for
certi¬
$500,
payable to the Town.
A.
exceed 4% in¬
building bonds. The issue
previously offered on Nov. 2,
of $325,000 not to
awarded
to
1952
to
1956,
of
terms
the
to
demption date plus additional in¬
equal to 3% if the stated
date of redemption is on or before
Nov.
1, 1958, and on the same
terms if redeemed
cept
that
the
thereafter,
additional
shall be 2% if
on or
ex¬
interest
before Nov. 1,
on
before Nov. 1, 1968.
Principal
and interest payable at the Citi¬
zens National
Bank, Glasgow. The
bonds will
and
be
sold tQ .the
best bidder
at
not
.highest
less
than
John
the
|1, 1959, inclusive.
IOWA
Iowa
Bond Offering—Sealed bids will
be received until 10
am.
(CST)
on
Nov. 10 for the purchase of $38,000
general obligation bridge bonds.
Prairie
date
of their
and printed bond forms. Bids must
be
made
the Prairie City State
Bank, as 24£& Due serially from
1949 to 1957 inclusive.!•
forms
on
the above Clerk.
fied
chased by
suc¬
proving legal opinion of Skaggs,
Hays & Faliey, of Louisville. The
County will furnish said opinion
furnished
Enclose
a
by
certi¬
Sale
each
bond
after
on
1967,
and
Bros.
La.
$366,000 bonds
prior to Nov. 1,
$5 for each bond
or
Hilliard
&
Sons, of Louisville, in the recent
$1,-
the
$60,000
industrial
Nov.
1,
offered
building
were
re¬
-
MASSACHUSETTS
Offering—Henry F. BrenCity Treasurer, will receive
sealed
bids
until
noon
(EST) on
Nov. 16 for the purchase of $4,000,000 bonds, divided as follows:
$1,350,000
municipal
of
1947
bonds.
as
follows:
and
relief,
Due
Act
Dec.
$340,000
1,
1949
in
1950, and $335,000 in 1951
1952.
and
Order
Council of Oct.
voting
700,000
of
City
18, 1948.
machine,
Act
of
1943 bonds.
Due $70,000 Dec.
1, from 1949 to 1958 inclusive.
Chapter
411, Acts of Massa¬
chusetts, 1943.
500,000 public ways construction
bonds.
•
Due
from
1949
of
Order
June
"
City
Dec.
1,
inclusive.
1958
Council
rates to be borne
by the
bonds
of
the
issue,
and
may
specify either one or two places
of
payment. Each award will
made
the
on
basis
interest
net
cost
be
the
bonds
on
covered
by the bid, after deduc¬
tion of premium. The Public Im¬
provement bonds of the Town
payable from taxes to be
without
limitation
amount
on
levied
rate
to
as
are
of
veterans
bonds.
1949
of
World
Due
to
War
$50,000
Council
II
Dec.
inclusive.
1968
City
of
1,
Order
June
8,
1948.
000
or
Dec.
Due $5,-
1, from 1949 to 1978
inclusiye.
Order
of
City
$15,000
Dec.
1949
1,
to
1968
inclusive.
payable
1, 1948.
Denomina¬
Principal and interest
the City Treasurer's
at
office.
Interest
will
be
payable
1, 1948, and will cease
the dates the bonds are pay¬
from Dec.
on
able. The
bonds
are
of interest expressed in the
tiple
44
of
of
1%,
be bid for all but
each
purpose
loan
The
purchaser
is
of
to
limitation
as
be
to
levied
rate
or
the
all taxable property in
District. The Revenue bonds
are
to
on
be
payable
to
part of
be
issued.
the
pay
ac¬
cashier's
check
A certified
for
1%
of
the
of loans bid
amount
for, payable
to the City Treasurer, is required.
Boston Metropolitan District, Mass.
Bond
Offering—Arthur J. Kelly,
Chairman
will
sealed
a.m.
(EST)
purchase of
bonds.
Board
of
receive
on
of
Directors,
bids
Nov.
10
$2,175,000
Dated
Dec.
until
for
the
Series
1, 1948.
11
B
Due
to
1963
name
a
inclusive.
single
Bid¬
rate
terest
payable
at
the
office
in
New York
City and Boston to be
designated by the Trustees of the
in
coupon
the Public Improvement bonds of
able
as
to
principal only, and of
with
national
bank
or
trust company in Boston, payable
to the order of Boston Metropoli¬
tan District.
the
right
bids.
The Trustees reserve
to
reject
and
any
all
On rejection of all bids or
to complete any pur¬
failure
on
chase
by
bidder
a
whose
bid
is
accepted, the Trustees reserve the
right to sell any unsold bonds at
private sale without further ad¬
vertising or notice.
Bids are to
be accepted or rejected within 24
hours after the opening of the
bids, and bidders will be deemed
to agree that their bids remain in
force until accepted or rejected by
of
vote
time.
the
within
Trustees
that
Upon such acceptance, the
partment
Public
of
aforesaid
on
1948, constitute
Utilities
before
as
Nov.
13,
binding contract
or
a
between the District and the bid¬
der whose bid is accepted,
tified
Enclose
cashier's
or
check
for
cer¬
a
treasurer's
or
of
1%
the
on
notice and in
the
the accepted bid.
the
aggregate
bonds,
Bond
Offering—George F. HedCity Treasurer, will receive
sealed bids until 11 a.m.
(EST)
on
Nov.
9 for
the purchase of
$110,000
bonds, divided as
coupon
follows:
$75,000 water bonds. Due Nov.,1,
as
follows: $8,000 from 1949
to
1953
from
inclusive,
1954
and
$7,000
1958 inclusive.
to
35,000 street construction bonds.
Due
$7,000
1949
to 1953
Nov.
on
are
from
1
inclusive.,
All of the bonds
r
dated Nov.
1,1948. Denomination $1,000. Prin¬
cipal and interest payable at the
National
Shawmut
Bidders
ton.
Bank
shall
of Bos¬
bid
No
of
less
crued interest
The
than
par
of
rate
name
interest in multiples of 44
of 1%.
and
ac¬
will be considered*
bonds will
be
certified
to
as
their
genuineness by the National
Shawmut Bank of Boston; their
legality
will
be
approved ,by
Storey,
Thorndike.
Palmer
&
Dodge of Eoston, whose opinion
will be furnished the purchaser.
.
will
Bonds
be
delivered
the
to
purchaser at the National Shaw¬
mut Bank of Boston.
Chelsea
of
shall specify a price
not less than the principal amount
of the bonds.
Principal and in¬
be
sewer
treasurer's check of
or
responsible
Note
and
will
a
on such delivery in
certified check on, or
a
'
$72,000 June, and $73,000 Dec. 1,
from the net
system to be
the proceeds of
of
by
or
cashier's
a
be
no
to
delivery.
to
are
about Dec. 31, 1948, or as soon as
practicable after the printing and
signing thereof and are to be paid
mul¬
bid
no
less than par and accrued interest,
and a different rate of interest
may
the
the
District, said bonds
in permanent
form, printed on
steel engraved
borders, will be
delivered
to
the
purchaser
in
Boston, or in the Borough of
Manhattan, New York, N. Y., as
specified by the bidder, on or
exempt from
State and present Federal income
taxation.
Bidder to name the rate
ders
District
matu¬
of
erson.
Dated Dec.
tion $1,000.
interest
the
the
rate
27, 1947, ef¬ principal amount of the
18, 1947.
payable to the District.
300,000 construction of buildings,
Chelsea, Mass.
acquisition of land bonds. Due
ment
of
interest
Council for June
1949
bonds
Department
of
fective July
from
taxable
Utilities
terms stated in
150,000 sewerage bonds.
property
in the Town. The Public Improve¬
all
nished without charge to the pur¬
chaser.
Subject to the approval
accepted bid and the vote of Ac¬
5, 1948.
1,000,000 permanent housing for
lowest
the
of
subject to the approval
legality of Ropes, Gray, Best,
Coolidge
&
Rugg,
of
Boston,
whose legal opinion will be fur¬
ceptance shall, subject to the ap¬
proval of the Massachusetts De¬
to
or
sale of the bonds
be
of
or
rate
trolleys.
1948, effective July
14,
"
$50,000
to
provide
of
a
Bond
nan,
of
purchase of track¬
The issue and
will
cash
date
quested to designate for each issue
District
bonds
for in Boston
Boston, Mass.
re¬
a
the
of
non-callable.
are
the
and
The purpose of the
bonds
crued interest from Dec. 1, 1948
Bidders
funds for
less
of
said bonds is to
and
are
constructed
B.
the
to
000. The ad valorem tax bonds
revenues
J.
there¬
redeemed
Dated Nov. 1, 1948. Denom.
ciated
J.
or
thereafter prior to
maturity.
97,000
public improvement of
Sewage Dist. No. 1 bonds. Due
Nov. 1, as follows: $3,000 in
1950 to 1958, $4,000 in 1959 to
1965, $5,000 in 1966 to 1971,
and $6,000 in 1972 and 1973.
amount
Details—Stein
bond
on
redeemed
& Boyce, and the Bankers Bond
Co., both of Louisville, were asso¬
with
thereafter
prior to Nov. 1, 1963; $10 for
without
Bowling Green, Ky.
Bend
each
for
$15
payable from taxes to
check for $1,000.
City Indep. Sch. Dist., Iowa
Bonds Sold—An issue of $7,000
school bonds was recently pur¬
delivery to the
cessful purchaser and to final
ap¬
1959;
1,
issue of
rities
prior to Nov.
or
interest rates.
Public
redeemed
bond
on
redeemed
re¬
terest
each
thereafter
the
by
amount
the Massachusetts
1951,
1,
purchase
same
of
prior to Nov. 1, 1955; $20
or
for
amount
the
101, and bidders must name a cou¬
Chicago, as 244 s, pon rate or rates in
multiples of
at a price of 100.644, a basis of
44 %. - The bonds are to be sold
about 2.122%. Dated Oct. 1, 1948
subject to Federal or Kentucky ad
and due semi-annually from July
valorem or income taxation on
Ottumwa,
i
$6,000 in
face
interest
accrued
payable
the
of
'maturities at premiums of $25
for each bond redeemed on
1961, $7,000 in 1962 to 1965,
and $8,000 in 1966 to 1968.
Bonds
maturing in 1966 to 1968 subject
to redemption on or after Nov.
1,
1953, only in inverse numerical
order on any interest due date,
upon
of
amount
($266,000 water works and $100,offered on Oct. 29
168, p. 1630—were awarded
thereafter in inverse order of
1957 to
plus
Nov.
on
the
for
000 sewerage)
and any interest payment date
1.
i
Interest M-N. Due Nov. 1, as
follows: $4,000 in 1949 to 1951,
Nuveen & Co. of
1, 1949 to Jan.
:
OOO;
1963, and 1% if thereafter and
Bond Sale — The $20,000 build¬
ing bonds offered Oct. 29—v. 168,
1738-'-were
' bonds.; Dated
Denomination $1,-
callable
are
of
1947
the other acts referred to therein.
Said Section 22
authorizes
the
—v.
Nor¬
Secretary
of
the
Parish
School Board, will receive sealed
bids until Dec. 7 for the purchase
school
revenue
$5,000 in
for,
Franklin,
District
Re-Offered—H.
Bonds
544
of
bonds to be issued to provide funds
certified
a
the
of
Sale—The
(P. O. Lake Charles), La.
No. 26
or
Wayne School Township (P. O.
Indianapolis), Ind.
p.-
building
interest
bid
Bond
1
33A%
Enclose
2%
Town Treasurer.
,
exceed
for
bonds
un¬
opinion of
of Chicago,
of which will be paid by
Town.
check
the
upon
approving
& Cutler,
jected.
School
Parish
Calcasieu
was
to
conditioned
be
to
bonds
LOUISIANA
Acts
Metropolitan Transit Authority,
having the same maturities and
in¬
revenue
optional.
Chapter
for less than par and accrued
bonds to a
group headed
by G. Price
offered Nov. 2—v. 168, p. 1844—
Crane of New Orleans.
were awarded to Russell, Long &
Burkholder
of
Lexington,
the
Lamar County Supervisors Dist.
only bidder. Dated Oct. 1, 1948
No. 1 (P. O. Purvis), La.
and due on April 1 from 1950 to
Bonds Not Sold —All bids for
building
80,000 2%s. Due on Aug. 1 from
build¬
at which time all bids were re¬
1965 to 1969 inclusive.
ing bonds offered Nov. 1—v. 168,
Dated
Nov.
p. 1738—were awarded to a group
1, 1948.
Interest jected.
composed
of
Raffensperger, F-A. Principal and interest pay¬
Ferriday, La.
Hughes & Co., Indianapolis Bond able at the State Treasurer's of¬
Bond Offering — Mrs. Marion
& Share Corp., Fletcher Trust Co. fice.
All of said bonds maturing
Barnette, Town Clerk, will re¬
and the City Securities Corp. all in 1965 to 1969, are callable Aug. ceive
sealed bids until 10 a.m.
of Indianapolis, as 2y2s, at a price 1,1953, or any interest date there¬
(CST) on Nov. 30 for the purchase
of
after.
Said bonds in the opinion of
100.648, a basis of about
$304,000 not to exceed 5% in¬
2.409%.
Dated Nov. 1, 1948 and of counsel, are direct and gen¬ terest bonds, divided as follows;
due semi-annually from July 1, eral obligations of the entire City,
$97,000 public improvement
1949
to
July 1, 1964 included. payable from unlimited ad va¬
bonds. Due Nov. 1, as follows:
Second high bid of 101.14 for 23As lorem taxes on all tangible prop¬
$3,000 in 1950 to 1958, $4,000
was made by John Nuveen & Co.
erty therein.
Legality approved
in 1959 to 1965, $5,000 in 1966
of Chicago.
by
Depew,
Stanley,
Weigand,
to
1971, and $6,000 in 1972
Hook & Curfman of Wichita. >New Haven, Ind.
and 1973.
;■
110,000
sewer
revenue
bonds.
Bond Offering—Clyde F. Moon,
KENTUCKY
Due Nov. 1, as follows: $2,Town Clerk-Treasurer,
will re¬
000 In 1950 to 1955, $3,000 in
Barren County (P. O.
ceive sealed bids until
11
a.m.
1956 to 1959, $4,000 in 1960 to
Glasgow), Ky.
(CST) on Nov. 15 for the purchase
1962, $5,000 in 1963 and 1964,
of $20,000" not to exceed 4% in¬
Bond Offering — Bess Howard,
$6,000 in 1965 to 1967, $7,000
terest fire department equipment County Clerk, will receive sealed
in 1968, $8,000 in 1969 to 1972,
bonds.
Dated Oct. 1, 1948.
In¬ bids until 11 a.m. (CST) on Nov. 9
and $7,000 in 1973. The bonds
terest J-J.
Denomination $1,000. for the purchase of $119,000 not
$1,000 July 1, 1950, and Jan.
and July 1, 1951 to Jan. 1, 1960.
Separate
submitted for the
of
22
$1,000 each.
of
the cost
Bond
unit.
a
tion
of
authorized by Sec¬
are
bonds of the District. No proposal
with the
financing, the bond house
informs
us
that,
as
previously
noted in v. 168, p. 1408, the $70,000 were purchased via competi¬
tive
bidding on Sept. 27, while
the $46,000 were acquired by them
in exchange for an old issue of
l%s which they controlled.
as
bids should be
qualified
Chapman
terest
inclusive.
Bond Sale—The $125,000
Due
sold
be
$70,000 3s, due on Oct. from 1955
to 1961 inclusive.
In connection
ton,
1950 to 1961
49,000 2V2S.
Offered—The
Publicly
Bankers
group
a
the Town and the Revenue bonds,
tem to be
1963
Sale Details —The
Bond
000 water works bonds
Monday, November 8, 1948
..st,.
on
1738 —were
awarded to a group composed of
City Securities Corp., and Raffensperger, Hughes & Co., both of
Indianapolis, and Fox, Reusch &
Co. of Cincinnati, as 3V2s, at a
price of 101.84* a basis of about
3.345%. Dated Sept. 1, 1948 and
due semi-annually from July 1,
1949 to Jan. 1, 1978.
The bonds
are optional.
Second high bid of
101.042
for 3V2s was made by
—v.
Enclose
conditioned.
so
CHRONICLE
Henderson, Ky.
ing opinion of Chapman & Cutler,
of Chicago, and all bids must be
INDIANA
Bond
$15,000 Dec. 1, 1959
FINANCIAL
&
purchase of $95,000 series B re¬
funding
bonds,
previously
re¬
ferred to in v. 168, p. 1738.
bids until 2 p.m.
168,
Chicago, at a price
of 100.079, a net interest cost of
about 2.36%, as follows:
Oct.
A.
Carlson,
City Treasurer, will receive sealed
tional Bank of
works
City, Iowa
Offering—C.
Oct. 28—v.
Bond
offered
were
COMMERCIAL
THE
(1948)
District.
The
form register-
Offering—M.
George
Ti-
Chairman will receive sealed
bids at the State Housing Board,
gar,
18
Tremont
(EST)
purchase of
p.m..
loan
bonds
permanent
Housing Authority, Mass•
Nov.
1949.
Boston,
St.,
until
1
10 for the
$990,000 temporary
on
Nov.
first
notes,
series.
Dated
15, 1948 and due on May 10,
.
*
*
'
.
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t.
Volume 168
Number 4749
THE
Haverhill, Mass.
$250,000 water
bonds offered on Nov. 3—v. 168,
clusive.
to the
Bankers Trust Co. of New York,
as 2s, at a price of 100.191, a basis
of about 1.972%.
Dated Nov. 1,
of interest to be in
Bond
Sale—The
1845
p.
1948 and due
to
1963
bid
of
awarded
were
—
Nov. 1 from 1949
on
Second
inclusive.
101.20
for
2V^s
high
made
was
Principal
and
(annually on March 15)
interest
payable
at the office of the District.
of
Rate
multiples of V\
1%. The interest rate for each
period
coupon
shall
be
at
one
bond
only.
The
on. any
rate
one
bonds will be awarded to the bid¬
der whose
bid
produces the low¬
est interest cost to the
be
by Tyler & Co. of Boston.
COMMERCIAL
District, to
by computing the
determined
total dollar value of all future due
Newton, Mass.
$150,000
Bond
coupons
Sale—The
the bonds from their
on
vet¬
&
follows:
FINANCIAL CHRONICLE
$2,000
in
and qualified opinion of Miller, Canfield, Paddock & Stone, of Detroit,
Aug. 1, i948.
Principal approving the legality of the
and interest payable at the City bonds, which opinion will be fur¬
Treasurer's office. Rate of interest nished, without expense; to the
to be in multiples of V\ of 1%. The purchaser prior to delivery there¬
The City will pay the cost of
interest rate for each coupon pe¬ of.
riod on any one bond shall be at printing the bonds. Enclose a cer¬
1949,
$3,000 in 1950 to 1958.
,
Dated
rate only. The bonds of each
issue shall be callable for redemp¬
tion at the option of the
City at
one
and
par
notes
offered
Nov.
on
4—v.
168,
1845—were awarded to Hornblower
&
Weeks,
and
Robert
Hawkins & Co., of Boston, jointly,
2V4S,
basis
at
of
of
price
a
101.132,
2.098%.
about
Sale
a
con¬
$150,000
School
High
Due
notes.
on
addition
Nov.
from
15
1968 incl.
1949 to
52,000 water main notes. Due on
Nov. 15 from 1949 to 1961 incl.
15,000 fire station notes. Due on
Nov. 15 from 1949 to 1951 incl.
Each
is
issue
Second
1948.
dated
15,
high bid of 100.688
and
Higginson
Lee
Corp.,
Stoneham, Mass.
'
Note
Sale—The
issue
awarded to
Oct.
29
National
was
of $100,-
notes offered
main
water
ond
the
on
for
100.673
1S/4S
was
Sec¬
made
Lee Higginson Corp.
The
notes
are
dated
1948.
Denom.
follows:
as
Nov.
by
1,
$1,000. Due Nov. 1,
in 1949 and
$5,000
1950, and $4,000 in 1951. Principal
and
pre¬
Article X
of the Michigan Constitution and
the
21,
Michigan Property Tax Limi¬
tation
Act.
June
These
the
are
bonds
14, by
interest
payable at the Day
Trust Co., Boston. Notes will be
jprepared under the supervision of
and certified as to their genuine¬
ness by the Director of Accounts,
Massachusetts Department of Cor¬
porations and Taxation.
the
unqualified
opinion
of
Miller,
Canfield, Padock & Stone, of De¬
troit, whose opinion will be fur¬
nished
without
expense
to
the
purchaser prior to the delivery
approving the legality of
the
bonds.
The purchaser
shall
furnish bonds ready for execution
at his expense.
livered
at
or
Bonds will be de¬
the
Detroit
Trust
such other place
Co.,
as may
be agreed upon with the purchas¬
er.
Enclose a certified or cashier's
check
for
$5,000, payable to
the
District Treasurer.
Holland,
Benton
No. 4
until
16 for the
will
cial
sealed
receive
4 p.m. (EST) on Nov.
purchase of $150,000 not
assessment
vided
000, payable to the City Treasurer.
Jefferson Consolidated Sch. Dist.
West
O.
(P.
4, Monroe),
Township, Mich.
Sale—The $200,000 gen¬
obligation bonds offered on
Bond
eral
Oct. 28
—
awarded
168,
v.
to
a
1739
p.
composed of
group
1
from
1949
to
1951
$80,000 2V2S, due
and
1953.
The
incl., and
July 1, 1952
on
bonds
dated
are
1948. Second high bid of
$160,000 23/4s and $40,2V2S was made by a group
1,
composed of Crouse & Co., Ryan,
Sutherland & Co., First of Mich¬
igan Corp., and McDonald-Moore
& Co.
*
■
.
Paving
%
Manistee, Mich.
BondOffering—John
Street
21st
—were
Stranahan, Harris & Co., Inc.,
Toledo, Jones B. Shannon & Co.,
Detroit,
and
Siler
&
Co.,
of
Toledo, at a price of 100.068, a net
interest cost of about 2.568%, as
follows: $120,000 2%s, due on July
di¬
bonds,
S.
Wat¬
City Clerk, will receive sealed
son,
District No. 3 bonds. Denomi¬
bids
nation $500.
Nov. 9 for the purchase of $25,000
not to exceed 3 V2 % interest water
Due $500 Feb. 1,
1949 to 1958.
and
until
7:30
(EST)
p.m.
on
District
not to exceed 3%
school bonds.
sive.
nations
in 1949 to 1951, $7,000 in
1952, and
$6,500 in 1953.
Principal and in¬
terest payable at the Farmers and
Merchants National Bank, Benton
Paving
$500
and
$1,000.
;
40,000 26th Street Paving District
Denomination
bonds.
1
$1,000. Due $4,000 Feb. 1, 1949
to 1958.
No.
2
$500
as
Denominations
bonds.
and $1,000.
$500
follows:
Due Feb. 1,
in 1949 and
and
$1,000
in
1951
to
1952,
1958.
V\
of 1%.
bond shall be at one
Bids shall be condi¬
tioned upon the unqualified opin¬
ion, approving the legality of the
bonds of Miller, Canfield, Pad¬
dock & Stone, of Detroit, which
opinion will be furnished without
expense to the purchaser prior to
the delivery thereof.
The pur¬
on
any one
rate only.
shall furnish bonds ready
for execution at his expense.
will
be
Farmers and
delivered
at
The
the
Merchants National
Benton Harbor, or such
place as may be agreed upon
with the purchaser. Enclose a cer¬
tified or cashier's check for $500,
Bank,
and
$1,000
in
1953
to
1,000 Dock Street Paving District
Bonds.
Denomination
$100.
"
Due $100 Feb. 1,
1949 to 1958.
7,000 4th Street and Central Ave¬
nue
Paving
District bonds.
Denominations $500 and $1,000.
Due
Feb.
follows:
$500 in 1949 to 1954, and $1,000 in
1,
as
1955 to 1958.
Dowagiac
Fractional Sch.
No.
1,
Dist.
Mich.
Bond Offering—Harry C.
Mosh-
District Secretary, will receive
sealed bids until 7 p.m. (EST) on
Dec. 1 for the purchase of $200,000
interest coupon
construction bonds. Dated Sept. 15,
not to exceed 2%
Denom.
$1,000. Due $40,000
March 15 from 1949 to 1953 in¬
and
interest.
accrued
will
than
all the bonds,
be
considered
or
at.
a
No
less
for
price
less than 100% of their par value.
The interest rate for each coupon
period
at
on
any
rate
one
expressed in the multiples of %
of 1%.
The successful bidder to
furnish printed
No.
1
Denomination
bonds.
$1,000. Due Feb. 1, as follows:
$2,000 in 1949 to 1951, and
$3,000 in 1952 to 1958.
be delivered
South Central Ave. Pav¬
ing District No. 2 bonds. De¬
nomination $1,000. Due Feb. 1,
as
follows: $1,000 in 1949 to
1956, and $2,000 in 1957 and
5,000
West
20th
Street
Paving
District No. 5 bonds. Denomi¬
nation $500.
1949 to
bonds which will
or
cashier's
check
for $500,
able to the City Treasurer,
Due $500 Feb. 1
1958.
is
re¬
Sixth Street Paving Dis¬
Bond Offering—Anna E. Coons,
Clerk,
will
receive
bids until 5 p.m. (EST) on
sealed
Nov. 10
purchase of $18,000 not to
exceed 3% interest Special Assess¬
ment District No.
bonds.
coupon
2, sanitary sewer
Dated Nov.
1,
Interest M-N.
1948.
Denomina¬
tion
$1,000.
Due
Nov.
15,
as
follows: $3,000 in 1949 and 1950,
and
$4,000 in 1951 to 1953. Prin¬
cipal and interest payable at the
City Treasurer's office. Rate of
interest to be in multiples of %
The interest rate for each
coupon
period
on
any
shall
tion
Feb.
shall be conditioned upon
Due
1,
as
be
at
one
rate
bond
Bids
the un¬
one
Denomina¬
only.
after
and
award
of
executed
sale, the printed
bonds and
the
ap¬
proving legal opinion of Dorsey,
Colman, Barker, Scott & Barber,
of Minneapolis. Enclose a certified
or Cashier's check for $2,000,
pay¬
the District Treasurer.
Madelia, Minn.
authorized
was
Bond
until
Oct. 19.
Sale—The
offered
$40,500
bonds
Oct. 18—v. 168, p; 152ft
awarded to J. M. Dain &
on
—were
Co., of Minneapolis, as 2V2s,.at a
price of 100.358, a basis of about
2.45%. Sale consisted of:
Monroe, Mich.
Bonds
Soleau,
Re-Offered
City
$34,500
Doras
—
A.
terest
Clerk,
water
coupon
supply
At
bonds.
revenue
sys¬
the
pre¬
vious offering on Oct.* 11, all bids
rejected.
The bonds
are
Sept. 1, 1948. Interest J-J.
were
Denom.
$1,000.
July
Due
1,
as
follows: $45,000 in 1953, $50,000 in
1954 to 1956, $55,000 in 1957, $60,-
1958, $65,000 in 1959, $70,-
000 in 1960, $75,000 in 1961, $80,000
in 1962 and 1963, $85,000 in 1964
and 1965,
$90,000 in 1966 and 1967,
$95,000 in 1968 and 1969, $100,000
in 1970 and 1971, $105,000 in 1972
and
1973, $110,000 in 1974 and
1975, $115,000 in 1976 and 1977,
and $120,000 in 1978. All bonds
shall be callable for redemption
at the option of the City in in¬
verse numerical order on
July 1,
1952, or on any interest payment
date
thereafter
crued
interest
follows:
As
at par
and ac*
plus premiums as
each
to
called
bond
for
redemption on or prior to
July 1, 1956, $25.00. As to each
bond called for redemption there¬
after
and
before
July 1,
1960, $20.00. As to each bond
called' for redemption thereafter
and on or before July T; 1964,
$15.00. As to each bond called for
redemption thereafter and on or
before
on
or
July 1. 1968, $10.00. As to
called for redemption
each bond
thereafter and
on or before July
1972, $5.00. No premium shall
be paid on bonds called for re¬
1,
demption after July 1, 1972. No¬
shall be given
by publication in a paper cir¬
culated in the State, which carries,
as
part of its regular service,
notices of sale of municipal bonds,
and in case of registered bonds,
30 days' notice shall be given by
mail to the registered
address.
Principal and interest payable at
the First National Bank, Monroe.
Registerable as to principal only,
on
the books of the City Treas¬
tice of redemption
.
urer.
shall
Bids
conditioned
be
unqualified opinion of
Miller, Canfield, Paddock & Stone,
of Detroit, approving the legality
upon
of
the
the
bonds.
The
cost
of
such
opinion shall be paid by the City.
The City shall pay the cost of
printing the bonds. Enclose a cer¬
tified check for $25,000, payable
to the City Treasurer.
until
be received
will
15 for the
Nov.
purchase of $35,000 street equip¬
ment
and
garage
1,
1948.
to
1955
Due
an
Issue
election
on
was
Oct.
22.
are dated Sep.
1, 1948. Second high bid of 100.by Shaughnessy & Co., and C. S. Ashmun &
Co., jointly.
>
348 for 2V2s was made
,
St.
_
Anthony, Minn.
Bond Offering—J. R. Johnson,
Village Clerk, will receive sealed
bids until 8 p.m. (CST) oh Nov. 23
for the purchase of $100,000 per¬
manent
fund
improvement
bonds.
Dated
revolving
Nov.
1, 1948.
$1,000. Due May 1, as fol¬
$5,000 in 1951 and 1952,
$10,000 in 1953 to 1960, and $5,00ft
Denom.
lows:
in
1961
and
turing
in
All bonds
1962.
ma¬
thereafter
and
1957
being subject to redemption on
May 1, 1953, and any interest pay¬
ment
date
mium
of $30
thereafter
at
a
pre¬
bond. Bids may
stating one or more
interest rates in multiples of
or 1/10 of 1%. The bonds will be
per
be submitted
made
bank
payable
at
any
suitable
trust company designated
or
the
by
bidder
livered
at
will
and
be
de¬
said place
of payment
or at the purchaser's office within
40 days after the date of sale.
The Village will furnish printed
bonds
and
the
approving legal
opinions of Faegre & Benson, of
Minneapolis, and H. W. Moody, of
St. Paul, all without cost to the
purchaser. Enclose a certified or
cashier's check for $1,000,
to the
payable ~
Village.
St. Paul,
Minn.
Sale
Bond
The
water
works
Nov. 4
—
—
$2,000,000
offered
bonds
on
168, p. 1740 — were
awarded to a syndicate composed
of Harris, Hall & Co., Inc., Equit¬
able Securities Corp., Laidlaw &
Co., Bacon, Stevenson & Co., Rand
&
Co., and Blewer, Heitner &
Glynn, as 2.40s, at a price of 10ft.877, a basis of about 2.33%. Dated
Nov. 1, 1948 and due serially on
Nov.
v.
from
1
Second
1949
to
incl.
1978
bid of 100.265 for
2.40s was made by Phelps, Fenn
& Co., Inc., and Associates.
Additional Sale —The $300,000
public welfare bonds offered at
the
high
time
same
Barr
Bros.
&
York, as 4s, at a
of
basis
about
1949
Inc.,
1.096%.
Dated
due on Nov. 1
1951
to
to
of Newprice of 105,845,
1948 and
1,
awarded
were
Co.,
incl.
Second
high bid of 105.80 for 4s was made
by the Harris Trust & Savings
Bank, of Chicago, and Associates.
Welcome, Minn.
Sale—The
Bond
bonds
works
$35,000
offered
water
28—v.
Oct.
168, p. 1740—were awarded to the
State Bank, as 2JAs, at
Welcome
Itasca
County Common School
(P. O. Deer River),
District No. 6
Minnesota
Bond
Offering—C.
A.
Seavey,
will receive sealed
(CST) on Nov.
9 for the purchase of $130,000 not
to exceed 3y2% interest coupon
District Clerk,
bids until 8
a
price of
and
bonds.
hp
par.
on
incl.
1961
Dated Nov. 1, 1948
Nov.
The
1 from
bonds
are
1950 to
subject
redemption. Second high
bid of 100.371 for 2.40s was made
to prior
by the Allison-Williams' Co.
Dated
MISSISSIPPI
Batesville
'
1948. Interest F-A. Denom.
will
due
p.m.
Nov.
1,
$1,000.
Due Feb. l,_as follows: $7,000 in
1950 to 1965, and $6,000 in 1966 to
1968. Principal and interest pay¬
able at any suitable bank desig¬
nated by the successful bidder.
funding
RiHc
on
1967
to
Sept. 1 from 1950 to 1959 incl.
bonds. Dated
serially from
inclusive.
at
Due
1950
All of the bonds
from
Minn.
Benson,
bonds.
from
incl.
Nov.
Bond Offering—Sealed bids
hall
1
6,000
permanent
improvement
revolving fund bonds. Due ion
a
MINNESOTA
fire
March
will
receive
sealed bids until 7:30 p.m. (EST)
on Nov. 8 for the purchase of
$2,200,000 not to exceed 3%% in¬
authorized
trict No. 1 bonds.
$1,000.
on
1949
Midland, Mich.
City
bids
Nov. 15 for the
$1,500,000
school
election
an
and accrued in¬
par
terest
will
be
considered.
The
District will furnish without cost
to the purchaser within 30
days
able to
on
issue
Dec.
of 1%.
29,000
at
The
pay¬
quired.
Legality to be approved
by Chapman and Cutler, of Chi¬
cago,
without cost to the pur¬
Of less than
Luce, Sec¬
in Manistee, or such
for the
12,000
bonds.
other place as may be agreed upon
with the purchaser.
A certified
27,000 25th Street Paving District
1958.
cr,
thereof
chaser.
other
payable to the District Treasurer.
maturity in inverse numerical or¬
der, on any one or more interest
payment dates at the par value
1958.
The in¬
terest rate for each coupon period
multiples of
The City will have the op¬
tion to redeem said issue prior to
one bond shall be
only.
These bonds
are
part of an authorized issue
8,000 18th Street Paving District of $129,000.
Principal and in¬
No. 4 bonds.
Denominations terest (M-N) payable at the Man¬
istee
$500 and $1,000. Due Feb. 1,
County
Savings
Bank,
as
follows:
Rate of interest to be
$500 in 1949 to Manistee.
1950,
Rate of interest to be in
Harbor.
sewer
bonds.
bids
9,000 26th Street Paving District
interest coupon
Dated Sept. 1, 1948.
Street
1954, and $1,000 in 1955 to
1958.
will
Denomination $500. Interest M-N.
Due March 1, as follows: $6,500
21st
West
District No. 4 bonds. Denomi¬
No.
receive
sealed bids until 5 p.m. (EST) on
Nov. 9 for the purchase of $33,000
Secretary,
Nov. 15, from 1949 to 1953 inclu¬
to
Township School District
(P. O. Benton Harbor),
Due
revenue, 1948 coupon
Dated May 15, 1948. De¬
nomination
$1,000.
Due
$5,000
7,000
(EST)
purchase
of
000 in
Route
Frenchtown
follows:
as
$5,000
street
cashier's check for $3,-
or
100.108 for
to exceed 3% interest coupon spe¬
Mich.
on
sealed
8 p.m.
dated
Nov.
Mich.
Oirenng—G. Grevengoed,
Clerk,
bids
Bond Offering—Bert Bergmark,
1948.
receive
certified
Feb. 1, as follows: $500 in 1949
bonds
will
53
to lowest net interest cost. No bid
retary of the Board of Education,
tem
the
000
Bond
City
MICHIGAN
chaser
Bond Offering—E. H.
City Treasurer's office or
such other place as may be agreed
on with the purchaser.
Enclose a
at
on
vote of 683 to 234.
a
Bonds will be delivered
expense.
Bids shall be conditioned upon
Bank of
Boston, as
l3/4s, at a price of 100.853, a basis
of about 1.574%. Second high bid
of
Section
by
Detroit,
jointly.
000
scribed
limitation
the
thereof
Nov.
for 2V4S was made by Estabrook &
Co.,
within
authorized at the election held
sisted of:
»
these bonds and the interest there¬
on,
*
Midland School District, Mich.
—
p.
as
cashier's check for $500,
or
payable to the City Treasurer.,
interest, in in¬
order, on any in¬
date of their maturity and deduct¬
terest date.
Bids will be received
housing bonds Offered on
ing therefrom any premium. Each for all bonds or for
bonds of any
v.
168, p. 1845 — were bidder shall state in his
bid the one
district, but no bids will be
awarded to Halsey, Stuart & Co.
interest cost to the District com¬
received for less than all of the
New York, as l^s, at a price of
puted in the manner above speci¬ bonds of
any district. No bids will
100.078, a basis of about 1.484%. fied. No
proposal for the purchase be received at a
price less than
Dated Oct. 1, 1948 and due $15,000
of less than all of the bonds Or at
100% of par. Bids shall be subject
on
Oct. 1 from 1949 to 1958 in¬
a price less than 100% of their
par to the unqualified
opinion of the
clusive.
Second
high
bid
of value will be
considered. The Dis¬
purchaser's attorney approving the
101.161 for l%s was made by the
trict is authorized and required by
legality of the bonds, which shall
Second National Bank of Boston.
law to levy upon all the taxable
be procured by the purchaser at
property therein, such ad valorem his own
Pembroke, Mass.
expense. Purchaser shall
Note Sale—The $217,000 coupon taxes as may be necessary to pay furnish
printed bonds at his own
3
tified
accrued
numerical
verse
erans
Nov.
(1949)
nrpfprrpH
arrnrding
Special
Consolidated
School District (P. O.
Batesville), Panola
County, Miss.
.• Offering—Sealed bids will
be received on Nov. 8 for the pur¬
Bond
chase of
tion
$375,000 school construc¬
VwmHs.
in the multiples
Columbia, Miss.
000
plant
water
bonds
revenue
purchased by Newman,
Co., of New Orleans.
Brown &
of Vs or 1/20 of
1%.
A
certified
or
cashier's
check for $2,500, payable to the
of $275,-
Bonds Sold—An issue
has been
COMMERCIAL
THE
(1950)
54
Education, is required.
of
Board
Legality to be approved by Haw¬
kins, Delafield & Wood, of New
Philadelphia, Miss.
of $150,
000 4% water works and sewer
system bonds has been sold to
M. A. Saunders & Co., of Mem¬
phis. Dated March 1,. 1948. Legal¬
ity approved by Charles & Trauernicht, of St. Louis.
School District,
New Providence
New Jersey
(EST) on
15 for the purchase of $281,-
Nov.
4% interest cou¬
improvement bonds has been sold
to .the Kirkpatrick-Pettis Co., of
Omaha. Dated July 1, 1948.
NEW JERSEY
N.J.
Long Branch,
Bond Sale
—
$10,000 sew¬
Nov. 3 were awardto Campbell & Co., of Newark, as
2.60s, at a price of 100.289, a basis
of about 2.54%. Second high bid
of 100.207 for 2.70s was made by
B. J. Van Ingen & Co., Inc., New
er) offered on
York.
Lower Penn's
Neck Township
Pennsville), N. J.
$975,000 build¬
ing bonds offered on Nov. 1—v.
168, p. 1740—were awarded to a
composed of Stroud & Co.,
of
Philadelphia,
Dominick
&
Dominick, of New York, Butcher
& Sherrerd, and Hess & Co., both
of Philadelphia, taking $974,000
bonds
as
2.35s, at a price of
100.177, a basis of about 2.332%.
Dated Oct. 1, 1948 and due on Oct.
1
from
1950 to 1968 inclusive.
Second high bid of 100.1377 for
$974,009 bonds as 2.35s was made
group
Barney & Co.,
Montclair, N. J.
v
Bond
receive
will
Clerk,
(EST)
on
Nov. 16 for the purchase of
$768,000 not to exceed 6% interest
coupon or registered bonds, di¬
sealed bids until 8:30 p.m.
vided
as
78,000 emergency housing bonds,
part of authorized issue of
$78,825.
50,000 housing bonds.
AU of the bonds are dated Dec.
1, 1948. Denomination $1,000.
terest J-D.
Due on Dec. 1,
In¬
as
in 1949, $55,000 in
1951, $75,000 in
1954 to
1958, $30,000 in 1959 to 1964, $25,000 in 1965, and $24,000 in 1966.
Principal and interest payment at
1950, $65,000 in
1952 and 1953, $45,000 in
the First National Bank
specify in
of
& Trust
at the option
holder, at the Town Treas¬
office.
Each proposal must
Co., Montclair,
urer s
1%
a
or
multiple of Vs or 1/20
single rate of interest
a
which the bonds
are
to bear, and
proposal will be considered
which specifies a rate higher than
no
the
lowest
stated
rate
in
any
legally acceptable
proposal. The
successful
will
bidder
fur¬
be
nished with the opinion of Haw¬
of New
York City, that the bonds are valid
and legally binding obligations of
kins,
$300,000 electric system bonds of
1948. Dated Oct. 1, 1948 and
.
due
Delafield
the Town.
&
Wood
Enclose
cashier's check
a
certified
for $15,360,
or
Dated
1949
to
bonds.
1948 and due
July 15,
July 15 from 1949 to 1958
2.30s
was
Bond
Offering
of
clusive.
rate
of
Wappingers Falls,
Bidder
Bond Offering—A. A.
Olin, Dis¬
trict Clerk, will receive
sealed
bids until 8 p.m. (EST) on Nov.
16 for the purchase of $125,000
interest
school
to
name
a
single
expressed in a
multiple of Vt of 1%. Callable in
inverse
interest,
numerical
order,
at
par
interest, on any in¬
terest payment date.
A certified
check for 2% of the bonds, pay¬
able to order of the District, is
and
accrued
required.
proved
Legality
to
be
ap¬
by Phillips, Heaney &
Schofield of Beacon.
Huntington Union Free Sch. Dist.
No. 1 (P. O. R. F. D. No. 1,
Huntington), N. Y.
Bond Offering
8
to
for the'
exceed
10
—
Olga DaCosta,
will receive sealed
(EST) on Nov.
Valley
Caney
Sanitary
Sewer
Dec. 1, 1948.
Due
Dec.
I
City
son,
I
,
Gustaf-|
will receive!
(CST) on|
of $63,-1
Auditor,
sealed bids until 8 p.m.
15 for the purchase
000
not
exceed
to
interest!
4%
building bonds. Dated]
Nov. 1, 1948.
Interest J-J.
Due|
Jan. 1* as follows: $3,000 in 19511
to 1959, and $4,000 in 1960 to 1968. |
Bonds maturing later than Jan.' l!
1959, will be subject to redemp-|
tion and prepayment on- said date
|
and
any. interest
payment d&te|
thereafter at par and accrued
in-]
municipal
.
terest in inverse numerical
order!
Principal and interest payable-at|
any suitable bank or trust com-1
pany designated by the purchaser!
No bid for less than par and
&c-|
crued interest; The City will
fur-|
nish
the
printed and executed]
bonds and the approving
opinion|
of Dorsey,
Colman, Barker, Scott I
Minneapolis. Enclose I
& Barber, of
certified
a
cashier's
or
bid.
•
•
,-•'/•
■
check
6r|
of the amount I
bank draft for 2%
•
I
,
,
OHIQ
Bainbridge, Ohio
|
"
Vil-|
Bond Offering—Oran Post,
the bonds (having the lage Clerk; will receive sealed
maturities) and another bids until noon (Est) on. Nov.
rates for the balance; but for the purchase of $15,000, 3%
for part of
earliest
rate
or
I
I
Nov.
I
121
I
bid may name more
no
by the above Secretary. General check or bond for 1 % of the bonds
obligations; unlimited tax; regis- bid for, payable to the Village, is
terable as to principal alone; de-: required. Legality to be approved
livery on or about Dec. 1, 1948, at by Peck, Shaffer &• Williams of
burn, of New York City.
Babylon Fire District (P. O.
Babylon),
Bond
Offering
Y.
N.
—
furnished
close
a
the
purchaser.
,
Surry County (P. O.
Dobson)i N: C.
Offering—W. E. Easterling',
Nov. 15 for the purchase
of $58,000 not to exceed 5% inter¬ Secretary of the Local -Govern¬
ment
Commission, will
receive
est coupon or registered construc¬
tion or equipment' bonds.
Dated sealed bids until 11 a.m.' (EST) on
Nov. 9 for the purchase of $200,000
Sept. 15, 1948. Denominations $1,000 and $500. Due Sept. 15, as fol¬ not to exceed 6% interest coupon
series B, school building
bonds!
lows:
$5,500 from 1949 to 1952,
Dated April 1, 1948. Interest A-O.
inclusive; $6,000 in 1953, and $2,000 from 1954 to 1968, inclusive. Denomination $1,000. Due April lj
Bidder to name a single rate of as follows: ,$4,000 hi 1951 to 1955;
interest, expressed in a multiple $5,000 in 1956 to 1960; $7,000 in
to
1965; $8,000 in 1966 to
of Vx or 1/10 of 1%. Principal and 1961
interest
(M-S)
payable at the 1970, and $10,000 in 1971 to 1978!
Babylon National Bank & Trust Principal and interest payable in
New York City.
Bidders are re¬
Co., Babylon.
A certified check
for $1,160, payable to order of the quested to name the interest rate
or rates in multiples of
Vx of 1%.
District, is required. Legality to
Each bid may name one rate Tor
be
approved » by
Vandewater.
Sykes,. Heckler & Galloway, of part of the bonds (having the
Bond
earliest
City.
rate
no
NORTH CAROLINA
or
maturities)
and
another
rates for the balance, but
bid may name more than four
rates, and each bidder must spec¬
Buncombe County
(P. O.
Asheville), N. C.
registered building bonds. Dated
Oct. 15, 1948. Denom. $1,000.
Due
Tenders Wanted—The
$2,000 on Oct. 15 from 1949 to 1959
Commission
will
inclusive. Bidder to name a single Fund
sealed
tenders
until
Sinking
receive
noon
(EST)
ify in his bid the amount of bonds
each rate.
Each rate must be
of
bid for bonds
turities.
of. consecutive
ma¬
The bonds will be award¬
ed to the bidder
offering to pur¬
V
.«
Bond Offering
—
L. A. Pawsey,
Village Clerk, will receive sealed
(EST) on Nov. 13
purchase of $153,000 3%
sanitary sewer bonds. Dated Oct.
bids until 7 p.m.
the
for
E.
on
New York
•
Clyde, Ohio
En¬
certified check for $21,500*
payable to the State Treasurer.
Clarence
Johnson, District Clerk, will re¬
ceive
sealed
bids until 2
p.m.
(EST)
Cincinnati.
Pershing, of New York City, will
.
be
West
registered bonds. Dated rate of interest, expressed in a
on
Nov. 24 for purchase by the chase the bonds at the lowest in¬
Denomination $1,000. multiple of V4 or 1/10 of 1%. Prin¬
1, / as follows: $10,000 cipal and interest (A-O) payable respective sinking funds, in the terest cost to the county, such cost
from. 1949 to 1953 inclusive, and at the Northport Trust Co., North- name of and on behalf of the issu¬ to be determined by deducting the
$5,000 from 1954 to 1968 inclusive. port. A certified check for $440, ing units of the following refund¬ total amount of the premium bid
Principal and interest (J-D) pay¬ payable to order of the District, is ing or funding bonds, all dated from ,the;aggregate amount of in^
terest upon all of the bonds until
able at the Morristown Trust Co., required. Legality to be approved July 1, 1936:
their respective maturities. No bid
Buncombe County.
Morristown.
Bidders to name a by Vandewater, Sykes & Heckler,
of less than par and accrued inter¬
Buncombe County, Series 2.
single rate of interest expressed of New York City.
coupon or
■
than four water works improvement bonds!
rates, and each bidder must spec¬ Dated Oct. 1. 1948. Denomination I
ify in his bid the amount of bonds $1,000 and $500.
Due Dee 1,,-asl
of each rate.
Each rate bid must follows:
$500 in 1950; $1,000 inl
be for bonds of consecutive ma¬ 1951; $500 in 1952; $1,000 in 1953;
turities. The bonds will be award¬ $500 in 1954; $1,000 in 1955; $500
follows:
ed to the bidder offering to pur¬ in 1956; $1,000 in 1957; $500 "in
$100,000 sewer bonds.
Due $10,- chase the bonds at the lowest 1958; $1,000 in 1959^500 in 1960;
000 on Dec. "1 from 1949 to
interest cost to the city, such cost $1,000 in 1961; $500 in 1962; $1,000
1958 inclusive.
to be determined by deducting the in
1963;. 500 in 1964; $1,000 'in
50,000 street bonds. Due $10,000 total amount of the premium bid 1965; $500 in 1966; $1,000 in 1967;
on
Dec. 1 from 1949 to 1953 from the aggregate amount of in¬ $500 in 1968; and $1,000 in 1969.
inclusive.
terest upon all of the bonds until Bidders may. bid for. a different
All of the bonds are dated Dec. their respective maturities. No bid rate of interest, expressed in the
of 1%.. Interest
1,
1948.
Denomination
$1,000. of less than par and accrued in¬ multiple of
The bonds are payable
Bidder to name a single jate oI terest, or for less than all of the (J-D),
from limited taxes at the Village
interest, expressed in a multiple bonds, will be entertained. Bids
of Yi or 1/10 of 1%.
Principal must be on a form to be furnished Treasurer's office. 'A' certified
purchase of $22,000 not
interest coupon or
%
_
Botineau, N. Dak.
Bond Offering — Alice
District.
a.m.
5%
i
j
,
_
t
City, is required. Legality to be place of purchaser's choice. The
will approved by Reed, Hoyt & Wash¬ approving opinion of Mitchell &
until
noon
(EST) on Nov. 19 for the
purchase of $25,000 not to exceed
5% interest coupon or registered
building and equipment bonds.
Dated Nov. 1, 1948. Denomination
$500.
Due Nov. 1, as follows:
$1,000 from 1949 to 1958 inclusive
and $1,500 from 1959 to 1968 in¬
Bank
Treas-|
State
to the
payable
NORTH DAKOTA
Kenneth W.
receive sealed bids at the National
District Clerk,
Morris Plains School District, N. J.
—
District Treasurer,
Phillips,
certified check for
>
Beaverdam Water & Sewer Dis¬
high bid of 100.293 for
made by a group com¬
posed of J. G. White & Co., Sher¬
wood & Co., and Bond & Goodwin. and interest (J-D) payable at the
Chemical Bank & Trust Co., New
Houghsonville Fire District (P. O. York City.
A certified check for
Wappingers Falls), N. Y.
$3,000, payable to order of the
Second
bids until
not to exceed 6%
from
1
hospital
general
43,000
pay¬
able to the Town.
,
Oct.
on
1969 inclusive.
inclusive.
of
bonds
171,000 water bonds of 1948, part
of authorized issue of $171,418.
of the
Nov. 4—v. 168, p.
purchaser!
$4,-1
the
furnished
a
urer.,
trict.
bonds
1846 lin, Director of Finance will re¬
sealed
bids
until
noon
—were
awarded to the
Marine ceive
Trust Co., of Buffalo, and R. D. (EST) on Nov. 10 for the purchase
of $150,000 not to exceed 5% in¬
White & Co., of New York, jointly,
terest coupon or registered local
as 2V4S,
at a price of 100.277, a
basis of about 2.22%.
Sale con¬ improvement bonds, divided as
on
on
1948.
follows: $44,000
trict.
Bond Offering—W. F. O'Lough-
Sale—The $343,000
Bond
offered
follows:
$126,000 school bonds.
343,000 improvement
000,
Oakley Special School Tax Dis¬
Schenectady, N. Y,
Herkimer, N. Y.
be
Enclose
Special School Tax Dis¬
trict.
pay¬
15,
sisted of:
Offering—Joseph D. Mc-
Town
Kee,
Johnson
byl
approving opinion pf Reed, Hoytl
& Washburn, of New York City J
will
-
1948. Denom. $1,- able at the Genesee Valley Trust
Fairview Sanitary Sewer Dis¬
follows: $15,- Co., Rochester. A certified check
trict.
000 from 1949 to 1964 inclusive; for $10 300, payable to order of
Hazel Ward Water & Watershed
$11,000 in 1965, and $10,000 from the District, is required. Legality
District.
1966 to 1968 inclusive. Principal to be approved by Vanderwater,
South
Buncombe
Water
&
and interest (A-O) payable at the Sykes,
Heckler & Galloway, of
Watershed District.
Citizens Trust Co., Summit. Bidder New York City.
Swannanoa Water & Sewer Dis¬
to name a single rate of interest,
Kenmore, N. Y.
trict.
; ;
expressed in a multiple of Vs or
Bond Offering — Thomas W.
Woodfin
Sanitary
Water and
1/20 of 1%. A certified check for
Dickson, Village Treasurer, will Sewer District.
$5,620, payable to order of the receive sealed bids until 3 p.m.
Board of Education, is required.
Concord, N. C.
«'•
(EST) on Nov. 17 for the purchase
Legality to be approved by Haw¬ of
Bond
Offering—W. E. Easter$380,000 not to exceed 5% in¬
kins, Delafield & Wood, of New
terest coupon or registered sur¬ ling, Secretary of the Local Gov¬
York City.
face drainage system
bonds of ernment Commission, will receive
1948.
Dated Aug. 1,
1948. De¬ sealed bids until 11 a.m. (EST) on
Piscataway Township Sch. Dist.
nomination $1,000.
Due Aug. 1, Nov. 9 for the purchase of $1,075,(P. O. New Market)% N. J.
000 not to exceed 6% interest couBond Sale—The $160,000 school as follows: $10,000 from 1949 to
bonds offered Nov. 1—v. 168, p. 1962 inclusive, and $15,000 from
>ated Nov: 1, 1948. Interest M-N.
1963 to 1978 inclusive.
Bidder to
1632—were awarded to Julius A.
Denomination $1,000. Due May 1,
name a single rate of interest, ex¬
Rippel, Inc., and Campbell & Co.,
as follows:
$16,000 in 1951 to 1955;
jointly, as 2V2S, at a price of pressed in a multiple of V\ or 1/10
of
1%.
Principal and interest $20,000 in 1956 and 1957; $25,003
100.208, a basis of about 2.476%.
in 1958 and 1959; $35,000 in 1960
Dated Oct. 1,
1948 and due on (A-O) payable at the Northport
to
1962, and $40,000 in 1963 to
Oct. 1 from 1950 to 1966 inclu¬ Trust Co., Northport, a certified
sive.
Second high bid of 100.17 check for $440, payable to order 1982. Principal and interest pay¬
of the District, is required. Le¬ able in New York City.
Bidders
for 2V2S was made by J. B. Hangality to be approved by Vande¬ are requested to name the interest
auer & Co.
water, Sykes, Heckler & Galloway rate or rates, in multiples of Vx of
of New York City.
1%. Each bid may name one rate
NEW YORK
Oct.
Dated
group
a
Tax
School Tax
000. Due Oct. 15, as
composed of Smith,
Boland, Saffin &
Co., and MacBride, Miller & Co.
by
single rate of interest, expressed
a multiple of V\ or 1/10 of 1%.
in
Creek Special
District.
as
inclusive. Bidder to name a
School
Special
District.
Haw
must!
form tb be furnished
a
General ob-|
ligations; unlimited tax; register-!
able as to principal alone; delivery!
at place of purchaser's choice. The!
.
Biltmore
on
the above Secretary.
Son or registered water bonds'.
School District (P. O.
Bond Sale—The
1,
trict.
-
The $66,000 bonds
($56,000 school and
1973
Nov.
bonds. Principal and interest (M-N)
school
registered
or
Due
$1,000.
sealed bids until 8 p.m.
pon
Bridgeport Sch. Dist., Neb.
issue of $10,000
interest coupon or
follows:
Bond Offering—Thomas C. Mus- $20,000 from 1949 to 1970 inclu¬
son,
District Clerk, will receive sive, and $25,000 from 1971 to
000 not to exceed
Bonds Sold—An
5%
exceed
registered building bonds of 1948.
Dated Nov. 1, 1948. Denomination
Bonds Sold—An issue
NEBRASKA
16
to
York City,
Clerk, will receive sealed
3 p.m. (EST) on Nov.
for the purchase of $515,000 not
District
until
be
■
City of Asheville Water.
Asheville Local Tax School Dis¬
'
Bids
est will be entertained.
City of Asheville General.
City of Asheville, Series 2.
Irondequoit Union Frost Sch. Dist. |
No. 4 (P. O. Rochester 12), N. Y.
Bond Offering—Joseph B. Hale,bids
Monday, November 8, 194;
& FINANCIAL CHRONICIE
1,-1948. Interest J-D,
Denomina¬
$1,000.
Due $9,000 Dec. 1,
1950 to 1966. Principal and inter¬
tion
est
payable at the Clyde Savings
Bank
Co., Clyde. . The bonds are
supported by an unlimited tax.
Bidders may bid: for a different
rate of interest in-multiples of -Y*
of 1%. The bonds will be sold,to
the
highest bidder, at not less than
par
and accrued interest.
the
must-state
number
All bids
bonds
of
the gross amount of
bid and accrued interest to date ,of
bid
for
and
These bonds are part
of $177,000,. the bal¬
of which maturing in 1967 -to
delivery.
of
issue
an
ance
1969,
have been
sold to the Vil¬
lage Bond Retirement Fund.
for
proceedings
issuance
bonds have been taken
of
The
the
under su¬
Squire, Sanders &
Dempsey, of Cleveland, whose ap¬
proving opinion together with the
printed bonds will be furnished at
the expense of the. Village. Enclose
of
pervision
a
certified
able to the
Falls
check
for
$1,600, pay¬
Village Treasurer.-
Township Local School Dist»
(P.O. ZanesviUe), Ohio
Bond Offering
—
F. P. Spencer,
Clerk of the Board of Education,
will receive sealed bids
(EST)
on
until
noon
Nov, 17 for the purchase
of $75,000 3%
budding bonds. Date
$1,000.' In-
Nov. 15, 1948. Denom.
Volume
terest
168
M-N.
Number 4749
Due
$3,000 Nov.
THE
15,
COMMERCIAL &
tiples of y4 of 1%. The bonds will
City Treasurer's office. The ap¬
proving opinion of Winfree, McCulloch, Shuler & Sayre, of Port¬
land, will be furnished the pur¬
be
chaser.
1950 to 1974.
Bidders may bid for
different rate of interest in mul¬
a
sold
n<jt
highest bidder for
less than the
of. and
accrued
state
must
bid
for
bid
and
of.
the
to
the
All
number
the
and
value there¬
par
interest.
accrued
of
interest
delivery. The bonds
date
payable
under authority of the
eral
laws of the
the
bonds
gen¬
State, particular¬
ly the Uniform Bond Act.
are
These
authorized
the
at
general election on Nov. 4, 1947.
No conditional bids will be re¬
ceived.
The
Estacada,
Bond
of
from unlimited taxes, and are is¬
sued
National
liams, of Cincinnati, whose ap¬
proving opinion will be furnished
the
successful
Enclose
co£t.
bidder
without
certified check
a
or
bond for 1% of the bonds bid for
payable
the
to
Board
Educa¬
of
tion.
Ohio
Fremont,
Notes Offered—An issue of $12,000 2% construction notes was of¬
fered
Nov. 6. Dated Oct. 1, 1948,
on
and due Oct. 1,
1950. At the
time
considered
bids
3V2S, at
of
were
on
Christy Boulevard
sewer
$100
Dated Oct. 1,
Bond
Pacific
Sale—The
168,
J.
A.
$16,750
Co.
&
sani¬
of
1, 1948 and due serially
Dec. 1
from ,1950 to 1959 inclusive. Sec¬
Co.
of
J
,
Toledo.
equipment bonds of¬
1—v.
168, p. 1847—
Nov.
awarded
were
the
to
date.
able at the
shall
be
sold
Enclose
for 2%
certified
a
Sale
exceed
5%
168,
First
Na¬
of
school
(P. O. Portland), Ore.
Bond Offering—Sealed bids will
be
received by the District Clerk
until- 8
at
than
lowest rate of interest and
agree¬
inter¬
of the
at the
pay par and accrued
These bonds are part
issue,
held
certified
authorized
on
Oct.
check
19.
for
Enclose
2%
of
the
mount bid.
Tonkawa,
Okla.
Bonds
Sold—An issue of $115,water works
extension and
00
mprovement bonds has been sold
the
o
ity,
Security
32,000 2s.
1951
32,000
Bank,
Ponca
of
follows:
as
to
Due
1950
interest
the
•-
Sept. 15 from
on
Due
2V2s.
from
1963
Sept.
on
Due
15
The
bonds
roved
are
nished the successful bidder.
by
Sept.
23 for the
ing
1948.
~ec.
all
exceed
pool
County School District
terest school
bonds.
1,
and
election Oct. 19.
Dickson,
1956, $12,000 in 1957 to 1959, $13,1962, and $14,000 in
000 in 1960 to
1963.
Principal and interest
pay¬
able at the Country Treasurer's of¬
fice
at the fiscal agency of
or
series
168,
Sale—The
system
urban
bonds,
A,
offered on Oct.' 29—v.
1743—were awarded to the
p.
Cumberland
Securities
Corp., of
Dated Oct. 1, 1948 and
Nashville.
Dec.
1,
1955, and on any interest paying
ate
thereafter. Payable at the
Board
Bond
Independent School Dist.
Offering —Ray Campbell,
President
of
the
Board
of
Runner-up
the
interest
school
Dec.
1,
house
1948.
bonds.
Interest J-J.
$1,000. Due July 1,
in 1949 to 1953,
to 1958, $7,000 in
1959 to 1963, $10,000 1964 to 1968,
$15,000 in 1969 to 1974, $20,000 in
follows: $3,000
$5,000
in
1954
payable
National
the
at
Bank
combination
Mercantile
at
to
are
y4
of
of
rates
bear
than
more
in
stated
Trust
&
Flood Control Dist.
(P. O. Houston 2), Texas
Bond
ries
Nov.
C
Sale—The
of
1948
4—v.
-
a
of
Bros.,
ster
offered
se¬
on
1743—were
syndicate composed
p.
awarded to
Lehman
$3,000,000
bonds
168,
Stone & Web¬
Securities
Corp., Estabrook
& Co., Merrill Lynch,
Pierce, Fenner
& Beane, SalomQn Bros! &
Hutzler, Bacon, Stevenson & Co.,
Wm. E. P0II0W & Co.- G. C. Haas
& Co., Pau] Frederick &
Co., J. R.
Williston:;, & Co., R. D. White &
Co., nil of New. York; Chas. B.
81
Co., of Houston, Dallas
Co., of Dallas, and
R. J. Edwards,.inc., of Oklahoma
multiples of City, as 2.90s. at a price of
100.14,
not
interest
the
Union
Trust
bonds
1%. No bid will be consid¬
of
a
Harris
2.80s.
Dallas, Dallas.
Each bidder is required to name
in his proposal or bid the rate or
White
three
competition
syndicate
was
the
Harris County
(CST) on Nov. 19 for the
purchase of $300,000 not to exceed
Dated
by
Co.; and
Savings Bank, of Chicago, whose
offer was a price of 100.1599 for
p.m.
4%
bonds
headed
the
in
Trus¬
tees, will receive sealed bids until
7
pany; Harold E. Wood &
R. H. Goodwin & Co.
of
Texas
ered for less than par and accrued
The lowest net interest
interest.
cantile
Nashville, Tenn.
Bond
school
v.
Sale
bonds
168,
—
The
offered
1530—were
p.
syndicate
a
tional
an
a
net interest cost of about 2.886%.
The bonds
and
election to be held in
on
Nov.
2—
awarded
of
composed
to
Na¬
City Bank, Paine, Webber,
made
posed
been
improvement
sold
Bank,
the
to
at
2s,
as
$16,000
bonds
Delta
a
has
price
of
Morton
and
Co., Milwaukee Co.,
Blewer, Heitner & Glynn.
to Blair &
1.
2/£s, at
Co., Inc., of Pittsburgh,
a price of 101.134, a
1948
1949
to
and
due
1978
on
Nov.
inclusive.
1
from
Second
high bid of 100.318 for IVzs, was
made by Stroud & Co. of Phila-
I delphia.
at
Dallas,
cost
the
printed
bonds
certified record of the pro¬
a
General
and
waiver
Board
of
close
certified
Education
of
if
the
so
fered.
State
Dec.
sive.
on
a
which
no
cashier's check,
or
exchange
charges
shall be due, for $6,000 payable to
the District.
Harris
County (P. O. Houston),
&
—
The
$12,000,000
168,
1743—were awarded to a syn¬
dicate
headed
by the National
p.
Sale—$750,000 utility im¬
bonds
revenue
of¬
Oct. 28—v. 168, p. 1307—
awarded to the Texas Bank
Trust
interest
Dated
Sale
road bonds offered Nov. 4—v.
on
Co.,
cost
of Dallas,
of
about
at
a
net
3.079%.
Sept.
1, 1948 and due on
Sept. 1 from 1949 to 1978 inclusive.
Brooks
County-County Indepen¬
(P. O. Falfurrias), Texas
dent School District
Bond Offering
—
A. J. Burditt,
Secretary of. the Board of Trus¬
tees, will receive sealed bids un¬
by
to
syndicate
a
Trust &
Savings Bank, of Chicago, as 2.80s,
at a price of 100.35, a net interest
waived
Texas
provement
headed
the
Harris
1
from
1949
to
1968
inclu¬
Second
high bid of 100.17
Any additional legal opinion de¬ for 2.80s was made by a syndicate
sired by the purchaser must be headed by the National City Bank
procured at his own expense. The of New York. Associate members
right is reserved to reject all bids of the successful Harris Trust &
and to waive irregularities.
En¬ Savings Bank group are the fol¬
Bond
Brownsville, Texas
awarded
were
ceedings including the approving cost of about 2.76%.
Dated Dec.
opinion of the State Attorney- 1,
1948
and
due
$125,000
on
TEXAS
Bond
1847—were awarded
p.
com¬
without
and
Bank
District will furnish
&
par.
Sale—The $250,000 gen¬
obligation bonds offered Nov.
168,
syndicate
of
$1,000 annually from 1950 to
1—v.
a
The
National
Bond
eral
by
Sec¬
100.092 for 2Vz%
Equitable
Securities
Corp., Glore, Forgan & Co., W. H.
Delta, Pa.
street
1988 inclusive.
high bid of
National
Dallas.
$1,000,000
Jackson & Curtis, Eastman, Dillon
& Co., and Robert Winthrop &
was
PENNSYLVANIA
basis of about 2.401%. Dated Nov.
$5,000
subject to
the
ities
ond
Dated
on
to
Company; Moroney, Beissner &
Co.; The Weil, Roth 8c.Irving Co.;
Seasongood & Mayer; Breed &
Harrison, Inc.; Westheimer and
Company; Ellis & Co.; Fridley &
Hess; Lovett Abercrombie & Co.;
Newhard, Cook &1 Co.; Wood,
Gundy & Co., Incorporated; A. G.
Edwards & Sons; Laird & Com¬
for
Garland
zation at
from 1949 to
land, will be furnished.
at
1950 to 1964,
redemption
of
principal amount of the
payable
terest
$50,000
.revenue
the
Co., all of New York, as 2V2S, at
City. The ap¬ a
price of 100.11, a basis of about
proving opinion of Winfree, Mc¬
2.495%.
Due serially on Oct. 1
Culloch, Shuler & Sayre, of Port¬
interest swing¬
Dec.-1,
an
1975 and 1976, $22,000 in 197J, and
$23,000 in 1978. "Principal~aiid in¬
Tenn.
Interest J-D.
Township Sch. Dist. (P. O.
West View Pittsburgh 29) Pa.
Due
total
to
Nov. 6. En¬
check for 2%
Also, Provident Savings Bank &
Company; Francis I. duPont
& Co.; Fahey, Clark &
Co.; Barcus,
Kindred &
Co.; Emerson,
Roche & Company; Dittmar &
Trust
7
Denomination $1,000.
Due Dec. 15,
as follows: $9,000 in
1949, $10,000
in 1950 to 1953, $11,000 in 1954 to
Ore.
J-D.
certified
a
These bonds
subject
on
Company, Underwood,
Neuhaus & Co.
to the Equitable Secur¬
cago.
" *
Sale will
Corp.,
Nashville, and the the District on Nov. 10.
Harris County Houston Ship
be made subject to the approval
(P. O. Athena), Ore.
Fidelity Bankers Trust Co., KnoxChannel Navigation District
the
State
Bond Offering—Sealed bids will ville, jointly, as follows: $62,000 of
Attorney-General,
(P. O. Houston), Texas
be received by the District Clerk 3s, due on Oct. 1 from 1949 to 1952 and waiver of purchase by the
Bond Sale—The $2,500,000 series
until 7.30 p.m. (Pacific Standard inclusive, and $150,000 23/4s, due State Board of Education, if
so
with delivery as soon of 1948 improvement bonds of¬
Time) on Nov. 16 for the purchase on Oct. 1 from 1953 to 1962 inclu¬ waived,
thereafter as possible at the Mer¬ fered on Nov. 4—v. 168, p. 1743—
of $171,000 not to exceed 6% in¬ sive.
Dated Oct. 1, 1948.
No.
Ross
purchase of $75,000
6%
bonds.
Interest
They are part
issue of $670,000 authorized
TENNESSEE
were
to
1.
awarded
Umatilla
Due
Bond Offering—George Simerville, City Recorder, will receive
sealed bids until 8 p.m. (PST) on
the
offered
Southwest
.
OREGON
Bend,
re¬
Incorporated; Roosevelt &
Incorporated; Hornblower
Weeks; Laidlaw & Co.; First
Cross,
&
—
Bonds Sold—An issue of
15,
being
as
Jan.
on
Bosworth
.
15
Legality apJ. Fagin, of
be
may
uniform bid blanks to be sup¬
nually
1965 inclusive.
ov.
are
Corporation;
Company; Equitable
Corporation;
Braun,
En¬
Sept. 15 from
dated
George
klahoma City.
ot
bonds
fur¬
inclusive.
Interest M-S.
948.
Sept.
on
on
1965
to
in¬
&
Securities
are dated Dec. 1, 1948
mature $150,000 on Dec. 1
cost to
the District will be the
froni 1949 to 1968 inclusive. Sec¬
Greenville, Tenn.
close a certified check for 5% of
Bond Sale—The $212,000 school basis for determining the accept¬ ond high bid of 100.55 for 3s was
The sale of said "bonds made
the par value of the bonds, pay¬ bonds offered at public auction on able bid.
by hr syndicate headed by
Nov. 3
v.
able to the District.
168, p. 1634 — were is conditional upon their authori¬ the Northern Trust Co., of Chi¬
be
1959 to 1962 inclusive.
19,000 23/4S. Due
The
bear
delivery. due on Jan. 1 from
1950 to 1959
opinion of
inclusive.
The bonds are subject
Shuler
&
to prior redemption.
approving legal
Winfree,
McCulloch,
Sayre, of Portland, will
Bids
plied by the District.
dated Nov. 1, 1948 and mature an¬
1959.
value and
par
al Bank, Austin.
Denomination
$1,000.
to
from 1955 to 1958 inclusive.
32,000
3V4%.
1963
State in New York
1954 inclusive.
2V4S.
to
^
1,
or at the fiscal
agency of the State
in New York City.
The bonds will
be sold to the highest bidder for
less
3s, and those matur¬
1960
at
and
payable
Bond
County Treasurer's office,
electric
the
B.
ing to
terest
an
Jan.
opiniori of
Attorney-General of the State
McCall, Parkhurst & Crowe,
Delivery is expected to
be made within 45 days from the
date bids are accepted and shall
the Allison-Williams
are
ing from
at
$4,000
the- approving
Trustees.
Sold—A11 issue of $350,revenue
bonds has
been sold to
Standard
(Pacific
No
three
the
electric
Nov. 12 for the purchase
$40,000 school bonds.
Dated
p.m.
acrued interest to date of
Wa-
Bonds
.
000
an
on
than
trict will pay all costs incident to
the issuance of the bonds and will
bonds,
Pierre, S. Dak.
Of
Time)
office.
more
rates and shall be in multiples of
not less than J/4 of 1%.
The Dis¬
close
1, 1948. Denom. $500.
Securities
Shields
pany,
name
$3,500 fire hall bonds.
dated Dec.
Union
shall
Treasurer's
election to be held
are
Inc.; Drexel & Co.; Blair & Co.,
Inc.;
Kidder, Peabody
&
Co.;
bid
and accrued interest.
par
are
bonds
maturity.
Other members of the account are
follows: Halsey, Stuart & Co.
as
State
terest
2,500 water bonds.
public re-offering of the
bonds at prices to yield from
1%
to 2.95%, according to
the
1963, at
on
on Nov. 9 for the purchase
$6,000 not to exceed 2V2% in¬
bonds, divided as follows;
1948. The National City Bank
New York and its associates
Principal and interest payable at
(CST)
of
1,
&
Co., Incorporated;
Harris, Hall 81 Company (Incor¬
porated); E. H. Rollins & Sons
Incorporated; Trust Company of
Georgia; R. S. Dickson & Com¬
maturing in 1964 and subsequent
to be optional on and after Dec. 1,
jected by the Board unless made
inclusive
No. 28
in
Clerk of the Town Board, will re¬
sealed
bids
until
8
p.m.
lows: bonds due from 1950 to 1959
Multnomah County School District
1958, $7,000 in
1962, $9,000 in 1963, $45,000
1964, $47,000 in 1965, $49,000 in
1966, $55,000 in 1967, $57,000 in
1968, $59,000 in 1969, $60,000 in
1970, $61,000 in 1971, $62,000 in
1972, and $64,000 in 1973.
Bonds
1959 to
ceive
bond election notice.
Bond
a
bonds
to
be made at the American Nation¬
check
$550,000 not to
interest
1955
FairvieW, S. Dak.
Offering—L. R. Swenson,
the
p.
in
of Dallas.
Co., of Minneapolis/ and Kalman
& Co.\ of St. Paul, jointly, as fol¬
not
Offering—Jessie
the
1530—had to be can¬
celed due to a legal defect in the
—v.
The
sham, Clerk of the Board of Edu¬
cation, will receive sealed bids un¬
til 8 p.m. (CST) on Nov. 15 for the
purchase of $375,000 5% building,
repair and equipment bonds, series
A. Interest payable semi-annually.
Due $19,000 in 1950 to 1967, and
$33,000 in 1968. The bonds will be
sold to the bidder offering the
of
All of the
1
check for
$6,000
and
Canceled—Proposed
Nov.
on
order
Bond
County School District
(P. O. Ashland), Ore.
5
certified
55
made
interesj; school house bonds.
Dec. 1, 1948. Interest J-D:
Dated
furnish
of bid.
Jackson
Okla.
$475,000
for
non-callable,
a single rate
SOUTH DAKOTA
City Treasurer's office.
bonds
bonds call¬
4%
Denomination $1,000. Due Dec. 1,
as follows: $5,000 in 1949 to 1954*
Munson, of Philadelphia.
coupon
$1,000, one for
$807.13 in 1949 and
pay¬
Bids
non-
of
Township Treas¬
urer, is required. Legality to be
approved by Townsend, Elliott &
Denom.
Principal and interest
interest. A
to
and after two years from issue
on
f*onca City Sch. Dist.,
election
of
interest
Improvement.
expressed
2% of the bonds bid for, payable
$1,000 in 1950 to 1958. Subject to
redemption in numerical order on
any interest paying date or dates
tional Bank of Davis, as 2s.
est.
Severy,
6%
or
the bonds must bear
p.m.
exceed
Principal
~Bond Sale—The $10,000 fire de¬
partment
to
$807.13. Due
Due
Okla.
Davis,
.
not
Bancroft
bonds.
1968 indl.
able, in inverse numerical order,
Nov. 1, 1954, or on any subse¬
quent
interest
payment
date.
(PST) on
for the purchase Of $9,-
15
807.13
7:30
$5,000
1%.
for
Whether, callable
F.
1,
either
for
or
Nov.
Due
1949 to
be. received
bonds
of
on
Ore.
Nov. 1, 1948. Denomination
OKLAHOMA
-
until
Nov.
of
"
fered
bids
Dated
$1,000.
1 from
callable
City Recorder, will receive sealed
on
bid of 100.41 for 2%s
made by Ryan, Sutherland &
was
will
by the
Cincinnati,
-
high
1,
Co.
Offering—H.
Bond
as
2V2S, at a price of 100.764, a
basis of about 2.373%.
Dated Dec.
ond
Northwest
Bond
sale
1633—were awarded to
p.
Nov.
Second high bid
Florence,
No.
and
White
Dated
Nov. 1 from 1949
on
1
.
water main im¬
provement bonds offered Nov. 1—
v.
3.407%.
of 98.44 for 3y4s was made
terest.
construction
-
sewer
a
about
(CST) on Nov. 9 for the
purchase of $650,000 hot to exceed
funding and im¬
bonds.
Denom.
Nov.
on
1948, and due
Vermilion, Ohio
tary
1948.
purchase
of
to 1959 inclusive.
Oct. 1 from 1950 to 1969,
on
inclusive.
168,
the
coupon
provement
highest price obtainable but not
for less than par and accrued in¬
an
and other street
1—v.
for
Portland, as Rate of interest to be
price of 100.52, a basis in a
multiple of % of
1948 and due
The
same
issue of $2,000
bonds.
Bank
proceedings author¬
have been taken under the super¬
vision of Peck, Shaffer & Wil¬
Water
1847—were awarded to the First
p.
16
$100,000
$35,000
Nov.
on
Nov.
on
Ore.
Sale—The
bonds offered
izing the issuance of these bonds
to
check
(1951)
til 3 p.m.
O.
Offering—John W. Calder,
Secretary of the Board of Town¬
ship Commissioners, will receive
sealed bids until 7:30
p.m. (EST)
$1,000.
bonds
to
are
certified
a
Springfield Township (P.
Springfield), Pa.
CHRONICLE
Bond
bids
amount
gross
for
Enclose
FINANCIAL
City Bank of New York, as 2.80s,
at a price of 100.29, a net interest
cost of 2.772%. Sale consisted of:
$3,500,000 series B-l, 1948 bonds.
Due $175,000 on Dec. 1 from
1949 to 1968 incl.
5,500,000 series B-2,
Due
$275,000
on
1948 bonds.
Dec. 1 from
1949 to J968 incl.
3,000,000 series 1948 bonds. Due
$150,000 on Dec. 1 from 1949
to
1968 incl.
All of the bonds
are
dated Dec.
Bankers Trust Co., Leh¬
Phelps, Fenn 8c Co.,
Chemical Bank & Trust Co., C. J.
lowing:
man
Bros.,
Devine & Co., all of New York,
Philadelphia National Bank, of
Philadelphia, Stone & Webster
Securities Corp., Bear, Stearns &
Co., Paine, Webber, Jackson &
Curtis,
Meirill
Lynch,
Pierce,
Fenner & Beane, all of New York,
Schoellkopf, Hutton & Pomeroy,
of Buffalo, W. H. Morton & Co.,
Dcminick
8c Dominick, both of
New York, Stroud 8c Co., of Phila¬
delphia, Bacon, Stevenson 8c Co.,
of
New
York,
Fidelity Union
Trust Co., of Newark, W. E. Hutton
&
Co.,
First of Michigan
Corp., both of New York, A. Web¬
ster Dougherty & Cp., of Phila¬
delphia, Dallas Union Trust Co.,
Dallas Rupe & Son, both of Dallas,
F. S. Smithers & Co., of New
York; also Otis 8c Co., of Cleve-
5G
THE
(1952)
Lee,
to
coupon or
York, R. J. Edwards, Inc., of Okla¬
homa City, J. R. Williston & Co.,
Byrne and Phelps, Inc., both of
New
York, Thomas & Co., of
Pittsburgh, Paul Frederick & Co.,
of New York, Moss, Moore & Co.,
Dallas, G. Cf Haas & Co., R. D.
Co., both of New York,
Chas. B. White & Co., of Houston,
and the J. R. Phillips Investment
of
ders to
of
Trustees will receive sealed bids
until 5:30 p.m. on Nov. 4 for the
Texas
school
Greeley and Hansen, Engin¬
eers, will be forwarded upon re¬
quest.
Legality to be approved
by Wood, King and Dawson, of
New York City.
by
168, p.
1532—were awarded to Robert E.
offered Oct. 29—v.
Levy & Co., of Waco, and R. A.
Underwood & Co., of Houston, in
WASHINGTON
Talia,
Bends
South¬
<
purchased
$160,000
3 V2%
west Co. of Dallas, has
the
following
Bond
& Puget
of Dallas.
Ferry
Nov.
VIRGINIA
Sale
Sound
Toll
Bridge
&
Guy Ancell,
as
City Manager, will receive sealed
bids until noon (EST) on Nov. 9 of
Milwaukee
Offering—Edna
C.
Berg,
purchase of $9,000
water
works
extension
bonds. Interest M-N. Dated Nov.
1948. Due $500 Nov. 1, 1950 to
1967. Bonds maturing on or after
and
syndicate headed by
inclusive.
1958
tion
1957, subject to redemp¬
at 102%
of the par value
1,
Inc.,
both of New York,
of
opinion
Lines,
No.
2
Harris County, Texas
Wyoming
Offering — Mary
until 8 p.m.
bids
the
for
22
to exceed
ing
bonds.
■
v—
and Decisions
Banks
be levied
upon
Dated Aug.
follows:
1,
$3,500,000 2^s.
Due in 1952.
8,000,000 3s. Due in 1956; optional
1948.
Due Aug. 1,
in 1954.
$5,000 in 1949; $6,000
inclusive; $7,000
1954
from
inclusive
1962
to
*■
Due in 1963; op¬
10,000,000 3J4s.
from 1950 to 1953
tional in
1961.
and
Bonds maturing in
at the option
District, shall be redeem¬
ONTARIO
inverse
in
numerical
Ontario
order
Debentures
Aug. 1, 1958, or on any interest
A certified check
on
of
5%
for
able
the
amount
bid,
bentures
pay¬
was
syndicate
the District Treasurer, is
to
(Province of)
Offered—
Publicly
Public offering of
date thereafter.
&
Gundy
required.
The printed bonds and
the approving opinion of Myles
P. Tallmadge, of Denver, will be
furnished by the District without
cost to the purchaser.
$50,000,000 de¬
made recently by a
composed
of:
Wood,
Co.,
Ltd.;
McLeod,
Youngs Weir & Co., Ltd.; Domin¬
ion Securities Corp., Ltd.; Bell,
Gouinlock & Co., Ltd.; A. E. Ames
&
Co., Ltd.; Mills, Spence & Co.,
Midland
Securities, Ltd.;
Ltd.;
Royal Securities Corp., Ltd.; Coch¬
ran, Murray & Co., Ltd.; McTag-
CANADA
gart, Hannaford, Birks & Gordon,
Ltd.; Fry & Co.; Harrison & Co.,
Collier,
Ltd.;
ALBERTA
Norris
& Quinlan,
Ltd.; Matthews & Co.; R. A. Daly
City Co., Ltd.; Burns Bros. & Denton,
Commissioners will receive sealed Ltd.; Anderson & Co.; Gairdner &
bids until noon (Mountain Stand¬ Co., Ltd.; Brawley, Cathers & Co.;
Cayley
&
Co.,
Ltd.;
ard Time) on Nov. 22 for the pur¬ Bartlett,
Charles H. Burgee & Co.; J. L,
chase of $1,300,000 debentures, di¬
Edmonton, Alta.
Debenture Offering — The
Graham
follows:
as
Dec.
on
1
1949
from
inclusive.
issues
dated
are
Ltd.; A. M. Ram¬
clough & Co., Ltd.
The issue is divided as follows;
$10,000,000 2VzS. Due Nov. 1, 1953.
15,000,000 3s. Due Nov. 1,, 1959.
25,000,000 3s. Due Nov. 1, 1966.
The
debentures
dated Nov.
are
1948 and the proceeds will be
used by the Province as follows:
1,
1,
Inter¬ $25,398,000 for refunding purposes
and the balance for capital ex¬
Dec.
Denomination $1,000.
1948.
& Co.,
& Co.; Flemming & Co.; Fair-
say
to
inclusive.
J-D.
Principal and interest
Principal- and halfpayable in Canadian funds, in the penditures.
Cities of Edmonton, Calgary, To¬ yearly interest (May 1 and Nov. 1)
ronto, Montreal, Winnipeg or Van¬ payable in lawful money of Can¬
ada in Toronto or Montreal at the
couver,
at holder's option.
The
option.
Denomination:
debentures will be direct obliga¬ holders'
est
proposed is¬ $1,000. Debentures may be regis¬
Redeem¬
purchase of addi¬ tered as to principal.
tional equipment required in con¬ able as a whole, but not in part,
on thirty days' notice on any in¬
nection with the Edmonton Tran¬
sit
System
and
the
Edmonton terest date on or after Nov. 1,
tions of the City. The
sue
'
in the opinion of counsel will be valid and legally binding
obligations of Harris County, Texas, payable both principal and interest from ad valorem taxes
may
of
interest build¬
4%
Denomination $1,000.
as
on
1959 to 1988
Coupon Bonds in denomination of $1,000.
our opinion, as Legal Investments for Savings
and Trust Funds in New York State
Wood,
composed of
syndicate
Stanga, Cochran, Murray & Co., is making
public offering of $18,500,000 re¬
Nov. funding, road and bridge deben¬
$100,000 tures, divided as follows:
(MST)
purchase
not
The
from Federal Income Taxes under Existing Statutes
(Province of)
Publicly Offered—
Gundy & Co., Bank of Montreal,
McLeod, Young, Weir & Co., and
3^2% transit and tele¬
phone
systems
-debentures.
Due $65,000 on Dec. 1 from
Principal and semi¬
annual interest (June 1 and December 1) payable at the office of the Treasurer of
» . ■
Karris County, at The National Bank of Commerce of Houston, or in
These Eonds, issued for road purposes,
O. Diamondville),
(P.
Bond
A
650,000
$600,000 each December 1, 1949-68, inclusive.
v
Scotia
District Clerk, will receive sealed
2.80% Road (Unlimited Tax) Bonds
Eligible, in
District
B
SCOTIA
NOVA
Nova
School
County
1958
New York City.
by
Debentures
Lincoln
C-00
Interest Exempt
bid
$650,000 3% transit and telephone
systems debentures. Due $65,-
$12,000,000
Dated Derember 1, 1948. Due
was
of
Fund
Revenue
Legality approved by
Daly, Thistle, Judson & McTaggart of Montreal.
WYOMING
vided
..
2s
Consolidated
Province.
Spooner
'
New Issue
able, principal and interest on the
Paine, Webber, Jackson & Curtis.
accrued interest in inverse
numerical order. The approving
&
4s, at a price of 95.50, a basis Quarles, of Milwaukee, and fur¬
about 4.378%.
Dated Oct. 1. nishing and printing of the bonds
Co.,
high
made
Second
for
101.02
of
plus
a
Co., of Milwaukee, as
2s, at a price of 101.18, a basis of
about 1.849%.
Dated Nov. 1, 1948
and due on Nov. 1 from 1953 to
able
1,
Kuhn, Loeb & Co., and A. C. Allyn
Portsmouth, Va.
Wis.
2V2%
Nov.
awarded to
Bond Offering—W.
ing bonds offered on Oct. 28—v.
168, p. 1744—were awarded to the
1959 and thereafter,
Village Clerk, will receive sealed
bids
until
7:30 p.m.
(CST) on
revenue bonds offered on
4—v.
168, p.
1848—were
Wis.
build¬
4,
$60,000
sinking fund during the
of these debentures of
a sum equal to 2%
of the princi¬
pal amount thereof. In the opin¬
ion of counsel, these debentures
will be legal, valid and binding
direct and general obligations of
the Province and will be charge¬
currency
$8,000 in 1963,
Bond
$10,500,000
The
—
Fiscal
York
& Trust
the
Bank
(Chemical
Ridgeway,
was
Nov. 1 to the State of
on
of
office
principal
Sale—The
Bond
re¬
Agent of the State in New
$250,
for
check
payable to the Village,
of the
Washington Toll Bridge Authority
(P. O. Olympia), Wash.
1948. Legality ap¬
Huguenin
for
prior to maturity.
Principal and
interest payable at the principal
office of the Trustee, or at the
Nov. 9 for the
bonds.
by Dumas,
called
if
certified
Shorewood Sch. Dist. No.
principal
WISCONSIN
Washington, as 2V2s, at a price of
25,000 city hall and fire station
Boothman
prior to Oct.
the
of
Co.).
par.
'
proved
or
on
thereof
bonds
obligation
awarded
$135,000 electric light and power
plant revenue bonds.
-
demption on or prior to Oct. 1,
1956; 2% of the principal amount
thereof if called for redemption
Ephrata, Wash.
Bond Sale—An issue of $29,000
general
bonds:
Dated Sept. 1,
the principal
called for re¬
mium
of
3%
of
amount' thereof if
City
Joint account.
Texas
Sold—The First
a
annual
paid by the purchasers. En¬
payable at the Chase National
Bank, New York City. The printed demption thereafter and on or
bonds will be furnished by the prior to Oct. 1, 1962; and without
City.
A statement of anticipated payment of any premium if called
for
redemption
thereafter and
revenues and expenses, prepared
bonds.
Indep. Sch. Dist.,
to be
close
amount
purchase of $875,000 school house
Sale—The $300,000
In the event that the net
from the system shall
Due
Bidders may specify
the redemption terms and
pro¬
visions; however the Authority
has considered as acceptable that
the
bonds
be
optional for re¬
demption prior to maturity on and
after Oct. 1, 1951, in whole at any
time and in part in numerical or¬
der on any interest payment date,
upon terms of par and
accrued
interest, • together
with a pre¬
Denomination $1,000.
1948.
Oct. 1, 1968.
City will be responsible for the
payment of principal and interest
thereafter and
of the bonds as the same become
1959;
1%
due.
Principal and interest (J-D) 1,
Indep. School District
Bond
name
sufficient for that purpose,
full faith and credit of the
the
Merkel
Bid¬
the rate of interest,
1978 inclusive.
expressed in the multiples of
and 1/10 of 1%. Principal and in¬
terest will be payable from reve¬
nues
from the sewage
disposal
revenues
(P. O. Rosenberg), Texas
Bond Offering—The Board
bonds
lows:
from 1951 to
not be
Co., of Houston.
Lamar
1948. Due Dec. l,,as
1,
system.
White &
registered bonds. Dated
fol¬
$20,000 in 1950, and $60,000
Dec.
all of New
Wm. E. Pollock & Co.,
purchase of $1,700,000 not
exceed 3% interest sanitation
for the
Mosle & Moreland,
Hannahs, Ballin &
Donald MacKinnon & Co.,
land, Rotan,
of Houston,
Monday, November 8, 1948
FINANCIAL CHRONICLE
&
COMMERCIAL
which
all the taxable property therein without limitation as to rate or amount.
is
the
for
Telephone System. Tenderers are
of the 3% De¬
1, 1959 and on
in respect of
respect
in
1957,
bentures due Nov.
To Yield 1.00% to 2.95%
according to maturity
(Accrued interest to be added)
The above Bonds
required to state the net price to
the City for Edmonton payment or after
and Edmonton delivery of the de¬ the 3%
bentures on Dec. 1, 1948, to which 1966, in
accrued interest will be added if terest.
delivery be made after that date. Thistle,
'
offered subject to prior sale, for delivery when, as and if issued and
received by us and subject to the approi'al of legality by Messrs. Vandewater,
Sykes, Ileckier and Galloway, Attorneys, New York City.
are
Halsey, Stuart & Co. Inc.
Drexel & Co.
Kidder, Peabody & Co.
Shields & Company
Equitable Securities Corporation
Union Securities Corporation
Incorporated
Harris, Hall & Company
E. H. Rollins & Sons
(Incorporated)
Trust Company
of Georgia
Incorporated
R. S. Dickson & Company
Roosevelt & Cross
Incorporated
Incorporated
Laidlaw & Co.
Provident
First Southwest Company
sinking fund debentures is being
&
by a syndicate composed of
Dominion
Securities Corp.,
the
Savings Bank & Trust Company
Francis I. duPont & Co.
&
Gouinlock
Weir
Co.,
&
Gundy
&
Wood,
Co.,
Young,
McLeod,
Co., A. E. Ames
Co.,
Cochran,
Co.,
J.
F.
and
tions
Nov.
Fridley & Hess
Lovett Abercrombie & Co.
Moroney, Beissner & Co.
R. H. Goodwin & Co.
terest
3Y4s.
$100,000
Due
on
Feb.
1
from 1950 to 1953 inclusive.
Feb. 1 from
1954 to 1963 inclusive..
400.000 3V2S. Due on
15,
Brennan
1948.
&
Co.
Denomina¬
Principal
Due Nov.
in-1
and
Thetford Mines, Que.
&
payament at the main of¬
of
a
designated
chartered
Halifax,
Charlottetown,
Saint John, N. B.,
Moncton, Fred-
bans
in
ericton,
nipeg,
November 8,1948
Co., both of Toronto, jointly, at
price of 96.81, a net interest
follows:
a
& Co.,
Murray
$1,000 and $500.
1963.
15,
fice
Dittmar & Company
Co., and Bell, Gouinlock
&
cost of about 3.84%, as
Bond Sale—An issue of
couver.
Montreal,, Toronto, Win¬
Regina, * Calgary
The
In.- Council
or
authorizing
will
provide
Van¬
improvement
city
awarded
on
Oct.
18
de
Placement,
Matha,
a
Inc.,
Inc.
$520,000
bonds
was
the
Can¬
to
adian Bank of Commerce,
CINCINNATI
Emerson, Roche & Company
26
$500,000
bonds was awarded
to McLeod,
Young,
Mills, Spence & Co., Eastern Se¬
Dated
Underwood, Neuhaus & Co.
Oct.
on
Weir
curities
Hornblower & Weeks
capital
new
Public offering of $5;500,000 3V4%
Bell,
Braun, Bosworth & Co.
QUEBEC
Bond Sale—An issue of
(Province of)
Publicly Offered—
made
Blair & Co., Inc.
1,
Nov.
due
at 100 and in¬
Legal opinion of Daly,
Judson & McTaggart.
case
Hull, Que.
BRUNSWICK
NEW
Debentures
Bank of New York
Debentures
each
Legal opinion will be at the ex¬
pense of the successful bidder.
New Brunswick
The National City
Nov. 1, 1964
and
Societe
McNeil,
in joint account,
as
3s, due on Sept. 1 from 1949 to
1958
on
inclusive; $138,000 3^4s, due
Sept. 1 from 1959 to 1963 in¬
clusive, and $160,000 3V2S, due on
Order-
Sept. 1 from 1964 to 1968
for
sive.
an
at
price of 98.61, for $222,000 bonds
Dated Sept. 1, 1948.
inclu¬
,
,
.
@FedFRASER