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^
?>CT
MONDAY
BUS. ABM.
LIBRARY
Reg. U. S. Pat. Office
New
Number 4847
170
Volume
Price 75 Cents
York, N. Y., Monday, October 17, 1949
General Corporation and Investment
RAILROAD
PUBLIC UTILITY
-
at
meeting
special
a
Allegheny
be
to
vidend—Sales and Earnings Rise—
President, on Oct. 12 announced that the direc100% stock distribution to be issued to holders
of record on Nov. 21, 1949, subject to approval of an increase in the
authorized
capital stock to 2,000.000 shares by stockholders at
a
meeting to be held on. Nov. 9,
1949.
It is contemplated that the
quarterly cash dividend rate of 20 cents per share will be maintained
D.
•Ross
Siragusa,
approved
have
tors
'■
V
/'Y/V;-,;/ •//
EARNINGS
OF
STATEMENT
COMPARATIVE
•
—
..
Page
•
4.113
New
.-25
New York Curb Exchange.-.-—
---29
Boston Stock Exchange-.——_——
34
Chicago Stock Exchange—,—
—
34
Cincinnati Stock Exchange
...—~—35
Cleveland Stock Exchange—35 Y
Detroit Stock Exchange.—--35
Los Angeles Stock Exchange....—
-35
Philadelphia-Baltimore Stock Exchange-....—36
,
■■■
■
>
$42,514,509 >
4,631,574
2,037,786 y.
Y/Y $4.63 ,Y^vv $2.04 .
170, p. 781.
'
1,475,884
800,489
Earnings per. share
$1.48
*.$0.80
•After charges and Federal income taxes.—V.
earnings
:.-.y
••
Total
for-the acquisition of,,
shares of its. common stock at prices not exceeding $7.50 per shareahd is inviting tenders of common stock, the New York Curb Exchange ;
has been notified. The tenders must specify the price at which the
shares
tendered
are
Teterboro,
must
and
the
at
in;
offices
corporation's
Montreal Curb
company.—V. 170, p. 877.
Transactions New York
for Reorganization—
: '
y
.
Transactions New York
:
Jr.,
for
trustee
4%
Reconstruction Finance
to the
'Mr.
the
of
the
said
Miller
hands
RFC
step
Corp.
it
may
trustee's
RFC
(the
holders
As
satisfaction
the
i A
hearing
Oct. 28.—V.
the
to
debt
and
agency
The
corporation.
company
y
y
amended
the
on
the
of
Y,. ..y'./V- y
■
the
Aireon's
of
liabilities
operate. '
secured creditors/
the
by
plan
v
168, p. 2677.
will
V
,
'
All
next,
the
of
outstanding
due Dec. 31,
125%
at
Montreal
in
and
5%
stock
be
made
The
stockholders
on
17
Oct.
consider
at
increasing
;r
a
of
net
fiscal
to $4.79
per
$2.83
or
value
'
dividends
cash
James
trol.—V.
Dunn,
170, p.
have
been
Chairman
paid
and
the
on
President,
per
Allied Kid Co.*
Yffet
services
and
Products
Cost of
at
3
p.m.
pensions
sold
—
U.
S.
a
or 32,100
Each
share
of
Alleghany
shares
of Chicago,
shares
of
Kansas
Rock
Chesapeake
&
Ohio
Ry.
common
.Net
' • ■ /VY1-'.,•;*>'
be exchanged for 2.43
stock,
or
stock,
1.33
or
of
City Southern Ry. 4%
preferred stock.
Each share of Alleghany series A preferred may be exchanged for 1.75
shares
of
Rock
Island common,
or
1.81
0.95 shares of Kansas City Southern 4%
1-The above proportions are the same
shares of C.
&
O.
common,
or
Y
Y 5,713,802
5,220,632
,245,246
offered
17, with the
addition of the option of Kansas City Southern for Alleghany series A.
Kansas City Southern was offered originally for Alleghany prior pre¬
ferred only.
The original exchange offer hereby extended applied to
50%
of the 47,818 shares of prior preferred and 15% of the 342,091
series A preferred stock then outstanding.
' '
There remain available a sufficient number of unallocated shares of
100,431
87,237
67,665
66,705
61,398
480,000
860,000
Rock
Island
common
allocation up to the 50%
15%
series
A
preferred
and
C. & O.
common
to
Sept.
meet
the
maximum
of outstanding Alleghany prior preferred
stocks
offered
for
and
Sept. 17.
However, the still unallocated shares of Kansas City Southern 4% pre¬
ferred
are
redemption
insufficient to meet such maximum
on
allocation.
receivable
S.
Govt,
brands and
6,549,900
securities
income
' '''
yY
$4.10
2,124,425
Investments
—
and
2,126,879
4,137,374
(net)——
••$JJJ36,898
505,614
estimated Federal income tax.—4—
3,146,602
.^563,078
4$.28,298
11,193
W3.862
Deferred
par
value
(outstanding
„
8,372,920
8,372,920
9,751,793
13,351,368
shares)
-9,134,938
10,752,249
$38,431,998
$37,728,294
...
account of
stock
——
—
-
—
—
Van
C.
succeeds
require
Nostrand
has
been
elected
his
170,
p.
of Unit
Vice-President and Gen¬
American Airlines de Mexico.
Jacques de Sibour, who resigned
of
his
return
to
the
States.
United
new
position
Oct.
1077.
15.
He
will
be
for personal reasons
Van Nostrand, an
Mr.
Inc., In Washington as¬
based in
Mexico City.—
,
V American Arch Co. (Del.)—New Director Elected—
Charles W.
&
T. Stuart, President and director of Safety Car Heating
Lighting Co., Inc., New York, and subsidiaries, has been elected to
board of directors of the American Arch Co. of Delaware and of
the
the
p.
American Arch
Co., Inc., of New York, to fill a vacancy.—V. 165,
3161.
1
42,669
$8,318,294
$1,352,188
1,379,964
35.000
40,000
249,380
8,641
1,285,060
1,285.060
2,143,042
3,634,092
3,311,587
—-
—
886,485
1,239,565
no
629,965
1
27,329
2,143,042
charges
pf
—930,024
contingencies—800,000
209,554
902,327
plant and equipment (net)
will, trademarks, and formulae—
339,716
163,870
$8,698,761
Good
other
Manager
He
3,591,004
357,973
of life insurance
—
other assets—..
j,—_—
value
surrender
657,149
1
$3^728,294
American Airlines, Inc.—New Vice-President
V.
1948
24,494
170, p. 297.
eral
that
326,926
^
'
surplus
Total
sumed
$721,356
accrued
(at cost and
<net)^
'
$1,562,484
stock
acquired
126,051
285,998
11,892,221
"
l
—
Assistant Vice-President for American Airlines,
$430,359
■: ' .
Y,...
(net)
Inventories
Cash
receivable
accounts
Trade
u_
w.
—w—
trade-marks
Y
7,962,562
1,730,024
L._„__
for
627,969
290,000
$772,276
2,267,724
segregated
payable
George
—Y——. \
>-
6,099,900
2,265,993
6,781,511
(net)
Capital surplus after adjustment on
-V.
1948
1)8,320,637
$3,926,351
liabilities,—
Common
Earned
30
1949
■
/
——.I/.
for insurance
*
$6.84
$6.87
$38,431,998
Reserves
—-
TJ. S. and municipal bonds
St. Louis Listed and Unlisted Securities
LIABILITIES—
Note
payable to bank
payable find,
State
•Federal taxes on
--
accounts)—
(estimated)__—
income
surplus
—
surplus
•Less
—-
U.
S.
1943.—V.
Edward D. Jones & Co.
Established
300 North 4th St., St.
Treasury
169,
p.
tax
693.
notes
of
$410,000
$8,698,761
in
1943
$3,318,294
and $1,000,000
' .
1871
Louis 2, Missouri
Members
New York Stock Exchange
St.
Total
in
...
(par value $5 per share)
Capital stock
Paid-in
trade
(estimated)*.—.——
taxes
Earned
$150,000
*—
Accounts
Asset Value of Preferred—Adds to Holdings—
;
The Alleghany Corp. reports that as of Sept. 30, 1949, It had out¬
standing 342,091 shares of series A preferred stock, having a net asset
,
credits
900,000
555,104
Cash
.
both
V
charges
Accrued
3,131,973
89,007
Property,
preferred.
as
notes
U.
Reserve for
75,000
reserves
2.50
shares
and
Accounts
Rock
1947
1948
by
prior preferred may
Island & Pacific RR. common
j.
LIABILITIES—
of Hilton
5,729,190
Y/.i./v,
the following ratios:
and
627,929
Y
securities—*————
Government
$4,296,014
1,883,907
627,929
BALANCE SHEET AS AT JUNE
-Y."
L
.
2,825,860
627,969
$6.73 Y
Reserves
and services purchased,
Depreciation
——
—
State, local and miscell. taxes——
Estimated Federal taxes on income.
•
on
$4,314,623
2;825,860'
_
Total
3,360,307
•.
*
spective of class, will be
$4,224,979
.
Inventories
prior preferred stock,
supplemental
21,
150,000
2,700,000
——
—
*.
Accounts
--46
$7,146,014
150,000
2,400,000
share..
per
:Y: ASSETS—
Banks of
$6,864,623
2,300,000
outstanding-
shares
CONSOLIDATED
$19,896,860 $23 214,353 $18,153,099
7,407,841
9,386,991
11 025,590
materials used in tanning—
incl.
common stock.
is reported to hold con¬
Oct.
$6,574,979
50,000
tax
—
paid —.
.
_
$6,735,279
410,736
344,533
...
—
profit
,
$6,566,083
298,540
$6,230,446
(net)
contingencies
of
969,278
84,963
58,587
46,004
'71,836
reserve..*——
Federal income
459,611
announced
3,340,025
30,522
1,074,140
for
Earned
$1,054,018
7
34,194
est.
Net
$1,139,003
Oct.
expires
profit
Number
385,518
and extended
Dividends declared and paid—.
449,771
$4.43
which holders of
Earnings per share.
—
$3.00
prior preferred and series A preferred stock may exchange them for
•Including materials used in tanning. ,,
dividend-paying stocks in the company's portfolio.
The offer is in
accordance with the option reserved in Alleghany's exchange offer of!
Y
Y,
COMPARATIVE BALANCE SHEETS JUNE 30
Sept. 17 which expired Oct. 7. There will be no further extension.
P Y
1949
Y'-Y ASSETS— '///lyyy.
The exchange,
yy./
/;•'
which will be on first-come first-serve basis, irre¬
on
which
4,453,608
on
income
$41,125,646
29,830,414
3,551,809
36,382
842,578
82,039
/
47,145
31,531,340
exps.—
receivables
admin,
doubt,
insurance
profit
7,041,454
6,671,381
.
34,599,518
and
on
Cash
1949 "
and hides—.
skins
raw
•Other goods
1389.
corporation
to
Dividends
Federal
salaries, social security and
Wages,
Inventory
This
6,100,973
for
Prov.
•Annual Report—
June 30—
Years Ended
1947
.
$46,514,746 $43,080,798
...
Provision
—46
Alleghany sold 17,500 shares of Chicago,
Co. common stock.—V. 170, p. 1181.
Subs.)—Earns*
.'1948 YY
1949
.
etc.
Deferred
Alleghany Corp.—Exchange Offer Extended—
exchange offer,
loss
45
share, and 47,818 shares of
Y„
;
$52,615,720 $49,752,179 $48,167,100
....
general
Addition
the authorized
VyVYyY/yy>\;/,,/■/■:
No
of $88.40
Corp. common stock.
Island & Pacific RR.
which compared with
share, for the preceding
common
\.i
Depreciation of plants
Depletion of mines^....
Notices.45
having a net asset value of $719.97 per share.
The corporation
also reports purchase during September
shares of Blue Ridge Corp. common stock and 40,000 shares
share,
common
per
year.
Sir
;•
equal
$1,255,532,
.
for the three months
6.8%
2745.
p.
sales...
for
Net
System..
;
are
169,
returns)
of
Prov;
Goodwill,
1948, net earnings after taxes amounted
For the year ended April 30,
to $2,019,299,
0.95
Land, buildings, machinery and equipment
'y-
,';YYY" ;YYY.
''Y;V y"
$11.50
0.34
the percentage decreases
sales
Deferred
■*
Stock.
Reserve
14,170,002
Y,..Y.rY.
$65.13
$75.41
6.25
6.46
YY'Y*.
$4.18
;
for the 12 months.—V.
Selling,
31,
the Bank of
value common stock from
par
,
Y
•
against reserves for ins. & other contingencies
1,000,000 shares to 4,000,000 shares,
in order to provide for a four-for-one split-up of the presently out-'
standing 412,700 shares.
/
V
' .V Y''\v
The company In 1947 redeemed its outstanding bonds and preferred
no
Cost
Cash
or
will
13,921,537
;
-.YY
compensation,
and
Algoma Steel Corp., Ltd.—To Vote oruSplit-Up—
1
Federal
-
in London/England.
The company
announces
that holders should present their bonds
to any one of the above offices on or before Dec. 1,
1949, In order
to expedite payment on Dec. 31, 1949.—V. 168, p. 1477.
Canada,
8,894,179
'2,161,294
894,241
-
'
for redemption on Dec.
will
Payment
interest.
Montreal,
23,064,181
"I.
8,100,000
earnings
(less
Y;'Y.Y Net
Bonds—
debentures
mortgage
first
have been called
1959,
22,021,537
1,300,000
:
share:
pfd. stock..
'
•,'*$£
3,461,294
'f
Years Ended June 30—
—
Condition Statement of Member
-
;
Algoma Central Terminals, Ltd.—Calls 5%
bonds,
Reserve Banks
district court,
held in
be
also would,
continues
Y/Y.
I'
Freight outward, cash disct., agents'
i-—
—42
Exchange__—34
Curb Exchange———34
Foreign Exchange Rates—
Combined Condition Statement of
A'":" <(,
'
Stock
Redemption Calls and Sinking Fund
Dividends Declared and Payable
elimination of the interest of the
and 64,060 shares of preferred.
RFC would take over the property
the
and
action
the
of
participation
for
v
300,000
inc.
stock
2.0%
Sales
Investment News-Cover
State and City Bond Offerings—
-52
The Course of Bank Clearings
—43
I:
1949—12 Mos.—1948
-
American Agricultural Chemical Co. (&
Y
General Corporation &
shares of common
866,238
result
assume
to
provided
banks*
and
of
a
full
in
plan
$ "y
94,823,317 410,743,065 410,594,631
90,564,270
in-- Y
♦
•f
per
Miscellaneous
( •
(& Subs.) —earnings—
.
f,
a
to
bear
to
and
issue,
1,194,241
excluded,
and
Miscellaneous Features
-
..
;
a
.
.
November,
; In
net
of
date
.
.....
cumul.
are
;'i: Y,
'
1947, the company filed for corporate reorganization
under the Chandler bill, when it could no longer meet its maturing
debt.
•" /
'
1
•,,,
i.
h
; Arthur J.
Mellott, Federal judge, held the company insolvent and
purchasers."
by
/• NOTE—If sales of stores not owned at all times during both periods
*
' • *hV: C;
to place the property in the,
"deal directly with prospective
r:
r '
\ '
"'.V.V};r.
taken
was
that
so
after
$110,000,
amount of
the
1949—3 Mos.- -1948
31—
Federal
•
Common
Its bank
to increase
annum.
Federal
Earnings
1
(Dow-Jones)———33
Quotation Industrial Stoek Averages_33
National
in
note
months
nine
taxes
Consol.
Stock and Bond Averages
the corporation, filed in the U. S.
District Court at Kansas City a second amended plan of reorganization, -.
which provides that all
the assets of the company be turned over
Miller,
Harry
bef.
taxes
41
Section
per
sales
net
come
Markets—
Over-the-Counter
Manufacturing Corp.—Trustee Files New Plan
Aireon
—
Toronto Stock Exchange—Curb
2%
Prov.Y for
—38
--39
Exchange...1
Stock Exchange—
Toronto
J.
or
31, 1949, according to the
«
be
$50,000
not later than 3 p.m. on Oct. 24, 1949. Notice of-'
rejection of tenders will be mailed not later then Oct.
N.
acceptance
appropriated
has
corporation
than
more
at
Earns;
Exchange..—-36
St. Louis Stock Exchange.—.—,——.v—36
San Francisco Stock Exchange—-—-37
Montreal Stock Exchange.—————38
Repurchase $50,000 of Stock—*
Air Associates, Inc.—To
not
promissory
/Y;;':yyyY';. Y-YY-Y'Y/Y/^'YYV";';.:'Yv..< $ ,Y;"r
Pittsburgh Stock
This
unsecured
Period End. July
Stock Exchange
authorization
SEC
The
Allied Stores Corp.
Y"
Additional
—
construction purposes to not more than $350,000
Farmers Deposit National Bank of Pittsburgh of
for
to
interest
(Stocks)
York Stock Exchange (Bonds)
$23,967;745 $15,123,165 $77,078,151
—
•Net
_
V\".
1
\
;
New York
.
Mos.—1948'
1949—9
1949—3 Mos.—1948
Period End. Sept. 30—
ZL
Sales
Stock and Bond Quotations
•v
«
'r':'*
Y'Y Y'
issuance
received
has
company
borrowings
'/yy
mature
a
shares.
the'new
on
/n This Issue '.
short-term
100% Stock Di¬
.\y
':?
Admiral Corp., Chicago, 111.—To Pay
\
Co.
Steam Heating
County
Borrowings—
The
"i
Yv/
News
MISCELLANEOUS
-
Bank
held on Nov( 9 will
consider the
offer by Federated Department Stores, Inc. for the }
acquisition of the assets and the assumption of the liabilities of
Abraham &
Straus, Inc.
in exchange for Federated common stock
on
the basis of 3.25 shares
of Federated common stock for each
share of A. & S. common stock held.—V. 170, p. 485.
: - stockholders
INSURANCE
-
Exchange Offer—
-Abraham & Straus, Inc.—To Vote on
The
INDUSTRIAL
-
Copy
a
Louis 8tock
Chicago Stoek Exch.
New
York
Curb
Exchange
Chicago Bd. of Trade
Exchange Associate
m
Phone
CEntral 7600
Bell
Teletype
8L
593
V
ty
■;*
':;W
«
V
COMMERCIAL
THE
(1490)
2
CHRONICLE
FINANCIAL
&
Monday, October 17, 1949.*fJ3.
:
Cable
American
of
Expenses
and
Taxes
(no
expense
for
requir.
prov.
U.
1,124,142
Distribution
General
1,022,554
885,432
602,514
stock
1,040,860
730.333
660,460
in
(net).
$1,033,605
$92,925
$1,251,263
21,493
loss from operations—.:—-
income
45,874
64,435
$1,205,389
$969,170
—
Net
loss
♦Refund
$71,432
.
—
Federal
accrual-—
excess
stock
of
".
;
of
250,000
75c
of
It is the present intemion of the board
factors.'
other
$71,432
.
$319,583
$1,205,389
»
♦Resulting
from
loss
net
7---77 -7.7
...
.
.
GIVING
4%'i
quate for Normal Can Requirementspany's
will,
plants
needs
mated
sheets
the
unless
ation
of
handling
meet
to
continues
strike
steel
for
York
esti¬
customers'
unprecedented
an
"normal
the
Electric
of
the
any types of
containers, the company will follow its
policy of equitable allocation so as' to minimize hardships
arising out of shortages.
for
of
threatened
a
.
strike
of the
26
in
Bteeiworkers
United
the
of
(CIO)
America
was
averted
,
by
1
*
the
for
'
'When
Olean
this
Tile
included
in
net
the
amount
of
According
plant.
$768,000 secured
the
to
terms
of
being repaid at the rate of $12,000 monthly, $144,000
as of Aug. 31, 1949, was reduced to $660,000, .It
15, 1954, approximately 4'/2 years hence.
It is the
directors that this debt should be refunded on a longer
1948, American Encaustic has
tions to its manufacturing plant at Lansdale.
of
Dec.
land
buildings,
31,
Aug.
1949,
machinery and
$180,695, which
and
was
view
the desire for
of
}i
stock
desire
the
to
of
Co.
America.
The
$800,000 loan
the
of
will
(1)
Inc
Co.—
IThe
stockholders
will
See V. 170,
Oct.
on
Ellis &
Bosworth,
Brooke
Alex.
authorizing the
Co
&
&
the
unsubscribed
77:;
kwh.,
Co
&
,
j
Loeb,
M.
Co.—Stock
Offered
Co
&
Co
&
—-
&
—_
INCOME
Inc.'
common stock of
7, the right to subscribe for 498,081 shares of
stock (par $10) in the ratio of one new share
Gross
common
each
nine
expire 3
held
shares
Balance
A.
(EST)
p.m.
ject to allotment.
'
.
.
Union Securities
Corp. and associates have been named
shares not subscribed for.
This
group submitted the highest bid Oct. 6 for the contract
of underwriting the
issue, naming a compensation of
$116,000.
7 ;7V; 77'7'.',7*: <v:
underwriters
for
any
Other proposals received
in response to
company's invitation for
underwriting bids, were: The First Boston Corp., $146,933; Dillon,
Read & Co. Inc., $198,000; Blyth &
Co., Inc. and Goldman, Sachs & Co.
(Jointly), $428,349.
1.92
Co.
Corbett,
&
for
Harper
Son
&
:
Guaranty Trust Co. of New York has been appointed agent
issuing, splitting, grouping and transferring warrants for sub¬
for
scription
to
the additional shares of the
PURPOSE—The
stock
mon
from
net
will be added
time
to
time,
securities of
equity
corporate
will
be
those
construction
to
from
the
sale
stock.
' .$3,987,177
of
the
additional
com¬
the general funds of the company and will,
to purchase additipnal amounts of. the
subsidiaries
The
additional
companies
to
It
programs.
of
.
meet
is
the
part
of
expected
and
company
investments
in
the
that
.
the
for
other
subsidiaries
estimated
costs
tBased
577,053
on
shares
approximately
$20,000,000 of the net proceeds will be applied in 1949 to the
purchase of
additional shares of the common stock of
Appalachian Electric Power
Co., a subsidiary of the company.
Cash
The
estimates
the basis" of present conditions
that, to
program,
it will be necessary
to
raise
through the issue and sale of additional
shares of the common stock of the
company either in 1950 or 1951
and approximately $60,000,000
through the issue and sale of senior
company
complete
the
U. S.
securities
Is
of
expected
construction
from
Govt,
securities
receivable
through
The
an
Co.
process
0.40
9.27
______
American
Richter
of
the
in
Singer,
Abercrombie
of
of
the
program
funds,
reserves
and
the
subsidiary companies
balance
of
will
in
1950
and
1951.
short-term bank
retained
financing
of
the
market conditions
funds
to
complete
company
and
and
other
its
internal
sources.
subsidiaries
will
be
other factors.
CONSTRUCTION PROGRAM—The cost of the construction
of
the
by the subsidiary companies
borrowings and cash conserved
earnings
and
needed
0.49
0.49
Co
0.20
0.49
0.40
not
0.90
Stroud
Inc
4.96
under
Co
0.70
tAfter
Westheimer and
Inc.
in
and
Wheelock & Cummins,
i.
for
Oil
Affiliate
Mexican
Co.
of
the
Sales
operating unit for American
Gas Co. de Mexico.
by
Co.,
which
7
holds
7
v.
interest in
at 53'/3
zone,
directly south
and
Kuwait
for
In
the
exploration,
an
agree¬
$5
February
of
Ashland
Oil
&
Refining ,Co.
of
Ash¬
Beach,
Calif.;
of
at
adjustment
over
other wrapping
Capable
the
for the
new
132,700
105,200
1,296,256
171,856
162,760 (
»
2,885,265
;
for
in
1948
of
in
season's
realizable
1949,
of
(no
in
allocated
tAfter
1948
cost,
for
reserve
and
$417,646
but
depre¬
in
1947.;
$471,772
in 1949
$416,386 in 1943
by 577,053 shares (par $5)
in;
shares in 1947.—V. 168, p. 1577.
§Represented
192,351
1,712,097
3,680,561'
at
crops,
value.
$444,219
depreciation
1&47.
and
2,884,000'
..
1,710,832
5,006,586
-
$12,983,873 $11,644,062 $10,436,537"
prior
estimated
53,454
2,885,265
1,710,832
-
100,000
:
.j"
value
par
128,600
1,501,456
__)
par)
of
packaging
AMF wrapper
wrapping
of
-
is
varied
equipment
bread
more
loaf
at
sizes
available
now
upward
flexible
in
and
of
65
its
ease
will
also
provide a more evenly wrapped package.
Of particular interest to the baking industry will be the conducting
of
continuous cake
mixing by the AMF Oakes Continuous Mixer,
1949—Month—1948
$767,317
of
1949—8 Mos —1948
$924,996
$5,797,840
$5,997,497
170, p. 978.
the
been
conversion
reduction
a
3 ',8 %
&
Telegraph Co.—Conversions—.
privilege
of
over
debentures, due
in
became
effective
$88,000,000
1959.
in
the
According
to
Sept.
on
amount
the
there
1
outstanding
New
York
Exchange,
there
was
outstanding on Oct.
5
$305,752,100
debentures, against $394,372,000 originally offered.-
Stock
the
of
Quarterly Report—Leroy A. Wilson, President, states:
Nearly 400,000 telephones
of
quarter
to
bringing the gain for the first nine months of the
1,500,000 and the total number of telephones in service'
32,850,000.
continued
The
added by the Bell System in the third
were
1949,
to about
year
The volume of toll and long distance
telephone messages
high levels.
at
record
improvement in' the quality of telephone service
early part oi the year was well maintained
The
notable
during the
service
time
since
generally
before
is
the
to
the
We
end
that
also
are
telephones in
the
in
last
is
four
providing
the
more
with
service
our
country
tbe
at
$130
payment
lssne^
per
and
better
the
in
of
conversion.
vertible
'cash
for
by
service
to
company's
cash,
and
been
of
by
for
after
surrender
each
have
payable
in
$30
On
in
the
months.
at
any
have
farmers
than
$394,000,000
f
surrender
share
each
June
one
20,
$100
share of stock.
of
This
one
of
before
ever
of
3Va%
capital stock,
converted.
$100
stock
to
is
10-year
more
over
of
convertible
are
debenture,
be
than
21%
issued
plus
upon
1951, the debentures will be con;
debenture and payment of $40 in
company's three outstanding
originally aggregating
it.
to install many more
have increased
service
Until June 20, 1951, these debentures
share,
than
beginning of 1949 and by nearly 1,300,000
country has the highest rural teiephone
in the world and today the Bell System
when
debentures
of
may
program
telephones
:lbl« debentures became convertible into
$85,000,000
summer
accurate
This
years.
1,
desires
on
Rural
areas.
any
more
Sept.
who
everyone
by nearly 250,000 since
development of
and
and new
keeping right
rural
faster
now
war
and our efforts to
improve it further are
The number of people
waiting for telephones has
construction is continuing at a high rate
bringing good results.
Since
Hancock Oil Co. of Long
trade.
164,314
190,655
6,314,657
of
$250,000
$31,376
217,187
1,529,338
income—
——
Since
has
and
development
operators joined forces in 1947 to enter the inter¬
the American Independent Oil Co.
They are J. S.
Houston, Texas;
minute,
444,278
217,632
exps.__
employees.-™
taxes on
or
reserve
oil
advancement
404,130
compensation to
been further reduced
of Bartlesville, Okla.; Signal Oil & Gas Co. of
and the Sunray Oil Co. of Tulsa, Okla.—V. 169, p. 1557.
baking
V
41,699
>
and
American Telephone
S.A., Signal Oil &
products and the introduction of an unprecedented con¬
cake-mixing process were demonstrated for the first time by
per
'
41,488
$21,593
$458,579
and
—V.
new
marked
>
Angerman Co., Inc.—September Sales Decline—
the 1949 Baking Industry Exposition and Convention
which opened Oct. 15 in Atlantic City, N. J.
Morehcad Patterson, Chairman, said that the prime feature of the
new
AMF Droduct group is a high-speed bread wrapper, representing
to
;
.y-.".
37,513
<
taxes
tobacco
excess
Of the
loaves
:
0.40
Harold E. Wood & Co.—
American Machine & Foundry Co.—Five New Products
a
programs
the subsidiaries of the company for the 2V2
years ending with 1951
Is
estimated, on the basis of presently existing conditions
to
be
$178,360,000.
This estimate is necessarily subject to
many uncertain
factors, including cost fluctuations and availabiliy of labor and mate¬
rials, and actual costs may vary materially from such estimate.
It is
31,410
lease
self-insurance
$357,825
1949
0.40
•
both of Wichita, Kansas;
company
262,496
•
$12,983,873 $11,644,062 $10,436,537
___i
ciation
Co.,
Co.,
tinuous
1,587,045
241,527
con-
contingencies—
♦Including
.
Co.
this
14,074
1,624,928
347,243
payable
stock
Total
0.90
Co
Ky.; Ralph K. Davies of San Francisco, Calif.; Deep Rock Oil
of Chicago, 111.; Globe Oil & Refining Co. and Lario Oil & Gas
Five
v^vM2,352
surplus
Stix
zone.
Y :
287,241
tobacco
machines
payrolls,
SCapital
land,
It
obtained
be
the
506,067
-7
Earned surplus
Phillips Petroleum Co.
that
407,957
charges
for Federal
Stern Brothers & Co.—
&
,
as
J-.—.1
Initial
0.40
& Scribner
Deane
&
;
6,717,873
1,587,168
use
i
72,547
•
7,066,772
(ap-
1
to
management
of both American companies.
as
250,000
179,477
I.i
8,031,532
values
officials)
license
Reserves
this year the Pacific
Western Oil, Co. made a separate agreement with the King of Saudi
Arabia.
The current operation in the Persian Gulf area Is being car¬
ried forward by the American Independent Oil Co. for the joint ac¬
field
1947
250,000
i
buildings
Reserve for
.
//.
the American Independent Oil Co. reached
American
_
1948
740,282
supplies
fair
Provision for extra
the same organization which
neutral
JULY 31
-
209,290
or
royalty agieement (net)
Prov.
—
Simon &
M.
-
LIABILITIES—
0.40
Co.^—_
Independent Co. (CIMA).
of
•
750,000
(at cost)_____
(at
by
and
Accounts
0.70
—
———
I.
Independent Oil
Sheik
the
*
$523,122
cost)
cattle
Total
<
Scott, Horner & Mason,
Inc.
$3.36
$1,413,709
(net!
crop
warehouse
and
and
0.40
Moreland
0.40
769,404 '
Pierce,
Inc
Co.,
announcement made
Los Angeles;
certain
additional
on
to
BALANCE SHEET,
harvested
of harvesting (cost)
ditioning
1.11
—
'
'
„
1949
season's
1.11
$18,000,000
treasury
dependent
on
$4.13
$981,252
♦Current
1289.
construction
approximately
$1,939,483
1,057,930
_____
Deferred
Rotan, Mosle and
Independent
1948,
with
national
$2,383,955
outstanding.
now
CONSOLIDATED
Raffensperger, Hughes &
1.11
American
Ten
$2,462,177
ASSETS—
Sterne, Agee & Leach—
Co
In June,
count
1,210,000
NOTE—Provision for depreciation
amounted
to
$121,137 in 1949, *
$111,191 and $88,846 for the years ended July 31, 1948 and 1947.
y-
Beane
immediately in the Saudi-Arabian-Kuwait neutral
of the world-famous Burghan oil field.
of
$3,149,483
1,500,000
♦Including provision for extra compensation to management and :
employees of $132,700 in 1949, $128,600 in 1948 and $105,200 in 1947. !
0.49
0.20
interest
$3,883,955
1,525,000
income
on
share___
Accrued
&
Mexican venture,
ment
98,114
fiseal-year_____i
per
0.40
0.49
production of petroleum products with reference to Kuwait's undivided
used
the
purposes.
enable
their
proceeds
common
$3,051,369
39,841
$4.27
taxes
1.11
0.20
7 0.49
170, pp. 1389,
The
$3,844,114
paid
JEarnings
Cost
Inc
Co
«fe
&
Profit
Dividends
tLand
the first of this,
month dispatched from Orange, Texas, enroute to Kuwait a converted
LST, the M/V Aminoil, as a floating hotel and operations base.
Upon
arrival in the Persian Gulf
drilling operations will be commenced
The
409,413
$3,808,840 ^
——
Federal
Piper, Jaffray & Hopwood
Quail & Co
5.21
Corp.
Co.,
1'
according
the
$3,460,782
476,855
Notes payable to bank
&
Evans
Mexican
as
$4,320,969
477,801
tEquipment and livestock
Ralph K. Davies, Presi¬
dent, American Independent Oil Co. de Mexico, S.A.
This work is being done on behalf of Pemex in accordance with ex¬
ploration and development contracts signed last March between Ameri¬
can Independent Oil Co.,
Signal Oil & Gas Co., Edwin W. Pauley, and
Pemex.
The two North American companies have subsequently formed
the Mexican subsidiaries which, together with Mr. Pauley who has
.qualified himself to do business in Mexico, are now operating jpintly
r
4,400,970
1,154,106
income
for
1.92
0-49
—
&
Prov.
estimated
5.21
and Edwin W. Pauley, on Oct. 13 began drilling its first well
for Petroleos-Mexicanos (Pemex), the Mexican Government oil author¬
shall also be entitled to make additional subscriptions for
such shares as shall have been unsubscribed
for, sub¬
'
,$7,861,752
178,337
0.20
1.11
The Mexican American Independent Co.,
ity,
31
1947
4,792,743
Income
Total
S.A.,
$44.75 per share. Rights
Oct. 24. In addition stockholders
JULY
$9,113,712
exps
—
——
0.20
j
P.
Other
&
—
Ohio
The
Independent Oil Co. de Mexico,
at
ENDED
1948
V
$4,286,641
profit
♦Selling, admin, and general
proximate
Drilling First Well—
,
YEARS
4,589,729
sold_„
Newman and Co.—
•
Noonan
Co
American
record Oct.
for
FOR
$8,876,370
Hogs and
1.11
Marks &
M.
Burns
Scherck,
—
—
I
Hirsch
is offering to holders of its
company
week
Corp.—Annual Report—
ACCOUNT
sales
The* Milwaukee Co.——
'
0.40
0.90
&
Robertson
Bretscher
Inc.-
Co.
Net
Cost of goods
Farm
0.90
——
Fenner
0.40
Co
&
Rhoades
Merrill Lynch.
0.40
Mejia
Pancoa6t
Dixon,
The
—
7-v'-'1
inputs of subsidiaries
increase of 5,127,000
of last year.—V. 170,
1949
9,27
—-
Co.———
&
McDonald
0.70
7,#
Co.
lohnston, Lemon & Co
Electric
&
System
corresponding
Period End. Sept. 30—
Gas
the
Sumatra Tobacco
CONSOLIDATED
in
9.27
Co._-.__
&
Inc.
,1.92
&
Dewar,
—V.
American
Co.—Weekly Input—
1949,
6,
the
over
0.40
Republic
W.
Dreen, Ellis & Anderson—
of
.
138X777'7777^^
0.49
Brothers
Mason-Hagan,
—Y 0.70
Sons,——
1.92
&
Slocumb
(Inc.)
iVm.
four
amounted to 233,877,000 kwh., an
2.24%,
or
Oct.
ended
Accounts
Percentage
—
Langley
Martin,
0.40
Co.
Hill & Co.———
loan
of
purchasers
Co.
0.90
-
Sullivan
Brown
Dooiittle
capital since Dec. 1, 1948.
consider
25
Carl
0.90
Simmons—
Boennlng & Co
Paul H. Davis & Co.—_
1289.
p.
C.
Lehman
Laurence
Equitable Securities
$800,000. J
under
several
0.90
Clement
paid out of working
W.
5.21
Co.——.
&
Davies
remaining due on the present note which, as of Oct. 31, 1949,
expected settlement date, will be $636,000 and accrued interest,
making a payment of $12,000 on Sept. 15 and" also on Oct. 15:
fend (2)
to add the difference of $164,000 less accrued interest on the
present loan to the working capital of 'American Encaustic, to partly
replace the expenditures for additions to the manufacturing plant
been
to con¬
the Public
V
0.90
Inc.—
&
the
have
the
Loewi
after
J
making of individual batches
wrapper,
company
Co.,
the
Corp
balance
which
system
respective percentages of the
to be purchased by each are as follows:
Eichler
Cruttenden
the
repay
and
Becker & Co.
G.
Dempsey
to
stock
Allyn & Co.,
Courts
years.
used:
be
utility
of
names
Clarke, Inc.——
Clayton Securities Corp.—
reduction will be substantially less than the
requirements of $12,000 monthly for repayment of prin-.
proceeds
electric
integrated
Company Act of 1935.
The
Indiana & Michigan Electric
are:
0.90
I
The
The
Lester & Co.—
C.
Central
cipal.
t
single
Securities
John
These payments for debt
loan
bonds
system which has been determined by the SEC
one
severally
Brush
payable over a
15-year period and bears interest" at the rate of 4l/2 %. Payments on
account
of
principal will amount to an average of approximately
$5,333.33 monthly for the first five years and to an average of ap¬
present
as
Holding
Blunt,
was
is
proximately $4,000 monthly for the remaining ten
week
the
of this company
■
Bioren
.
loan
services.
0.90
A.
partly
Insurance
incidental
Laird and Co
A.
replace in working capitalt the amount ex¬
pended Jfotf additions to the manufacturing plant, a loan has been
negotiated,7 subject to the approval of the stockholders, with The
Prudential
minor
Biddle, Whelen & Co
longer maturity on the funded debt and
a
Securities
preferred stock and
9.33%
5.21
0.40
-
also
the
bread
electric
Bateman,
maturity basis.
made
in working capital.
replaced
In
,of
as
below and
Baker, Watts & Co
equipment. The
paid out ofworking capital. The directors believe that a substantial part of the
expenditures for additions
to the
manufacturing
plant should be
improvements,
cost
total
Appalachian
Ames, -Emerich & Co., Inc.
,
substantial addi¬
These additions consist
1,
and
minor subsidiaries, the operations of which supplement
principal subsidiaries named below.
-
the
a
Union
it is
This
note,
annually.
1906)
Percentage
mortgage
a
20,
*
matures March
opinion of the
note,
Since
by
the
high-speed
7,
other
of
the
unsubscribed
ownership of American-Franklin-41
full
other
and
UNDERWRITERS—The
1, 1948, the assets of that company were
Encaustic,
subject to its liabilities
which
Dec.
American
Lansdale
the
upon
of
as
note
a
acquired
company
with
Dec.
Dec. 29, 1924),
*
is
a
public
utility holding company which owns,
indirectly, all of the outstanding common capital stocks of
operating electric utility
Citizens Heat, Light
and Power Co., The Ohio Power Co., Wheeling Electric Co., Appalachian
Electric Power Co., Kentucky and West Virginia Power Co., Inc., Kingsport Utilities, Inc., and Kanawha Valley Power Co.
Schweiker, President, in con¬
obtain a mortgage loan of
Sept. 30 said in part:
Co.
combined
the
them.
companies
New Loan—Malcolm. A.
on
has
All
Utility
nection with the proposal to
$800,000,
4,980,818 shs.
SUBSIDIARIES—Company was organized in-New
1925, by certificate of consolidation of American Gas &
service
stitute
American Encaustic Tiling Co., Inc.—To Vote Oct. 25
on
to
,
exclusively
dinated
1239.
170, p.
addition
other additions
to the AMF bakery equipment line unveiled at the Atlantic City ex¬
position, Mr. Patterson said, include a medium-speed bread wrapper
for
bakeries of medium production,
20 and 80-quart vertical batch
mixers designed for companies- operating at smaller volume levels ana
an
automatic eepanner for removing freshly baker bread from their
pans, an operation formerly done by hand.
'
:
The addition
of the
20
and
30-quart models rounds out AMF's
Glen
Mixer
group
which already includes 120,
160 and 340-quart
sizes.—v. 170, P. j289.
■
iy
7 7
p.
utility subsidiary companies which furnish service to
the public are direct subsidiary companies of the company.
The prop¬
erties of these subsidiary companies, which are located in the states of
Michigan, Indiana, Ohio, Kentucky, West Virginia, Virginia and Ten¬
nessee; are physically interconnected and their operations are co-or¬
a
plan to which employees had been contributing.—V.
V
'
;
"• '•'
•' ^\)y ' \
from
operations
separate
depositing the mix'in pans.
In
American
7,597,311 shs.
——
(incorporated
of
one
those
company
worked
AMF
For
151,623 shs.
151,623 shs. •
—
-
subsidiary companies named
also
on
to set aside six cents per hour of regular
pension plan to be negotiated by a joint com¬
mittee.
No wage increases were granted.
The company had agreed
in earlier negotiations to assume all costs of the group insurance,,
ment
Co.
heating
Sept. 20 when a supplement to existing contracts was signed providing '
for a common contract expiration date of March 15, 1950, and agree¬
time
the
several-
to
■.
The operations of the subsidiary companies are
electric utility operations, more than 93%
of the
consolidated grots operating revenue being derived from the furnishing
of
electric
service.
Certain
of
these
subsidiary
companies
supply
plants employing mem-'
company's
of
of
of
company
almost
established
bers
depositing
FINANCING
$20,700,000
even
an
flow of mix from the blending of basic ingredients
of the mix in baking tins.
Prior to the application
Oakes Continuous Mixer principle, cake-mixing consisted
uninterrupted
the
to
244,377 shs.
1———7
—
(par $10)
18,
directly or
despite
customers
and
distinct
(incorporated
The
the difficulty arising out of meeting with existing stocks -the thousands
of individual specifications as to types, gauges and sizes of material, v
He
said that in the event
stocks run below full requirements ofmaterials
Feb.
Corp.
needs"
current
innovation
COMPANY" AND
com¬
hoped to accomplish the difficult oper¬
said the company
Black
Mr.
be adequate
the
in
President, said Oct. 7.
period, Carl H. Black,
'
.
PRESENT
Authorized :7 Outstanding '
(2% ), due serl-"''Yr.' *' 4'vi
————
series
Common stock
manufacture
container
for
general,
in
TO
employed
solely in marshmallow production.
A
in cake-mixing operations, the equipment provides
pfd. stock (par $100;:
Unclassified
American Can Co.—Steel Inventories Said to Be Ade¬
steel
EFFECT
heretofore
American Power & Light
7:7v7;77
Serial bank loan notes
back. tMade in prior years with
hire of cable ships.—-V. 169, p. 2746.- - -■>< 7 ally March 1. 1950 to March 1, 1956— $20,700,000
Cum.
of
7':\
1
carry
respect to liability for charter
inventories
to continue the payment
:v,,:777l.':i:77'7,V7 7V7
CAPITALIZATION,
loss
Net
an
15,
quarterly' cash dividends, but the amounts of future dividends will
dependent upon the company's'earnings, financial requirements and
be
taxes—
income
cases,
March
City Electric Co., a former subsidiary.
the board of directors declared a regular quarterly
per share, which dividend, was paid on Sept. 15,
1949,
dividend
1949.
399,587
—;
has declared dividends on Its- common
since 1909.
For many years it was the company's
company
year
Atlantic
June,
cash
of prior years* U. S.
(est.)
every
12,760,000
—
—
to pay regular quarterly dividends and, in most
dividend at the year-end.
From June 16, 1947, to
In
1
tReversal of
equipment—-
3949, the company paid regular quarterly dividends in cash. and,.until
its divestment was totally completed distributed shares of the common
7
Net
22,916,000
facilities——.71,409,000
and
and
practice
extra
Nonoperating
lines
plant
DIVIDENDS—The
S.
$71,275,000
facilities
and
lines and facilities——.—.——-
Transmission
6,644,254
1,855,277
—
depreciation and
for
1,501,080
1,629,195
5,982,408
plant
Generating
$9,349,366 $10,291,388
amortiz.
income tax)—.
Federal
Prov.
repair
miscellaneous
and
1947
1948
1949
$10,597,742
6,228,749
1,244,731
1,464,300
operation
Maintenance
General
(& Subs—Earnings—
Radio Corp.
&
Months Ended June 30—
Six
Operating revenues
that $43,220,000 will be spent in the last half of 1949, $73,569,000 in 1350 and $61,571,000 in 1351, apportioned as follows: ,«
<
expected
issues
of
convertible
debentures,
some
$1,095,000,000, nearly $350 000 000 or 32%
converted into stock.
'
Stockholders of the
company at the end of the third quarter num¬
bered more than 815,000. This is an
increase of about 50,000 since the
beginning of the year and over 15,000 in the last three
months
The greater part of the new
capital the Bell System needs in order
•to further improve and extend the
service should come from the issue
have
been
,
of
stock, through
quate to
attract
conversions
and
accordingly continuing
protect
our
or
the
otherwise, and earnings must be ade¬
savings of equity investors. We are
efforts
to
obtain
the
increases
in
telephone
fnoe«97 norwinneSS
to th,e.pr<?gress of the service. Increases totalonlr i
! onJ" annual basis were granted in the third quarter;
applications for additional
n
authorities
and
other
/
increases are now
pending before regulatory
applications will be made.
f
.
Volume 170
EARNINGS
Number 4847
AMERICAN
OP
Period End. Sept. 30—
THE
TELEPHONE
Operating
Other
operating
Net
t
income
on
operating
Interest
income
Interest
;>
3,962,390
61,873
90,000
.*>■' 71,380,000
deductions
for
i
17,290,813
240,000
..
$4,200,945
****
155,529
Celfor Tool Div.
re
taxes-*——
Net
Jl—V-l-
profit.
404,978
$31,714
—.*____**_*
—
,
•Earnings
£
55,960,000
53,820,000
___*
share.
per
Federal
tax
income
certain
purposes,
$108,545.
current
BELL SYSTEM
CONSOLIDATED
Period End. Aug. 31—
EARNINGS
1949—3 Mos.—1948
$
REPORT
for
$
;
yjy
$
and
provisions
Cash
;
.
$
Accounts
725,841,502 657,167,571 2,797,352,651 2,518,068,200
charges
Deferred
taxes
inc.
29,015,706
24,790,062
taxes...
oper.
57,317,236
47,890,063
on
100,891,881
95,359,986
214,607,127
Plant
and
book
JUNE
(less
reserve)____;
cost
527,242
•_**__
income_
73,597,535
62,667,025
264,041,328
income—net*
15,023,593
16,455,449
58,308,235
66,997,348
88,621,128
79,122,474
322,349,563
306,207,235
29,160,724
22,765,146
106,259,253"
oper.
'
tOther
Bank
Total income
Interest
deductions*
*
Net, income
Applic.
to
Applic.
Co.
56,357,328
.1,735,081
59,460,404
min.
to
int..
2,243,971
Federal
■i
216,090,310
6,409,402
'.
stock
54,622,247
57,216,433
...
$125,000
"Based
Western
on
818,000
86,052
estimated).—V.
other subsidiaries not
and all
170, p.
1389.
(partly
-
Class
*
,
i
*
,
consolidated
deferred
and
contingent
patents, etc—
The
issue
Co.
bonds
as
Corp.
&
awarded
was
Inc.
bid
3s,
Co.,
102.039;
101.63;
The
company's
in
connection
proceeds
be
and
Bids
Corp.
and
Corp.,
101.279.
Corp.,
will
be
Central
for
Weld
for
the
construction
of
part,
to
reimburse
the balance of
new
facilities, for
of
and
for
other
5.
which
the
the
t
the
revocable
these
The
by
has
company
it
will
raised
,
that
through
appropriate.
?
Mortgage
series
due
1977—--
due
1978
27/8%
V
■
EFFECT TO
series
due
annually)
1951
$7
preferred
stock,
may
be
may
"
,
.
stock
Common
i
($12.50
'Represents
outstanding
HISTORY
Oct.
AND
vThe
B
1926.
1949;
in
Corp.
and
Power
the
It
series
which
&
all
owns
Light
Co.
stock
common
of
mortgage.
incorporated
was
Public
Orleans
tons
in
about
Dis¬
to
Baldwin
officials,
in
of
Service
Arkansas "
These
Inc.
sub-
or
more
in
capacity.
It
has
that
6
this, company
Tne
be
of
213
1000
•
the
For
12
gage
ten'
of
next
:
this
of
type
freight
the
from
the
Cbrp.,
of
;
of
&
;
•
Lehmah
of natural
and 8%
gas,
principal
names
amounts
to
cf
be
Brothers _*"--- $3,350,000
11
170,
1390.
p.
Nov.
on
"
•.
*
will
21
of
will,
Stock
;
.
& '
'
'
-.100,000
—
.
2,200,000
the
several
underwriters
purchased by them are
'
All
of
the
all
of
the
give
I
the
follows:
% .W-.i
-
•
^
—
.
170,
$32,038,500
for
.
r
?
the
bidding,
Oct.
stockholders
6%
preferred
consider
approving
and
The
of
—V.
bonds, "series
A,
of
Akron
The
Union
Passenger
the
of
and
the
,
,
Ap>
18,
subject
the
an
Blackstone
share
one
outstanding
waive
its
of
for
exchange offer
(12,942
Eastern
common,
rigfits
preemptive
1,430
of
Ac¬
to
shares
common
share
each
pte-
to
to
of
stock
holders
redemption
price
share
of
the
price
new
the
of
preferred,
and
stock
may
held.
common
old
preferred
and
determined
as
the
by
com¬
sale
will be applied to the retlreoutstanding 6% preferred stock
part, its construction program.
Blackstone's
finance,
to
in
''
1390.'' i
p.
5'. v
■
$9,799,936
170, p.
;
-
1079.'
A
•
•
%
-
,
'
•"
$8,824,463 $58,805,076 $55,473,794
'
,
-
j; ,1' Vi
','.U
,
Borg-Warner
•
-V;-,:
.; !
'■ *
Corp.—Develops Automatic Transmission
new
type fully automatic transmission has been developed by this
corporation ,in "cooperation with the Ford Motor Co. for use In Fqrd
and Mercury passenger, cars,
•
.
.
'
;
C.
v,
>
!
S.
Davis,
contract
Ind.,
President,
.
undat
Muncie,
Depot;
1390.
p.
rate
of
will
Public
12,942 shares of
per
170,
—v.
,
Washington
the
at
offering
$115
ratifying.'
the
of '99.17%
(Boston)
preferred.
Sales
•
which
the
well
as
as
announced
Warner
the
Oct.
on
Gear
Ford
•
transmissions
"
GctC 13 ffled with the ICC bnder the MaHatfte Act '
Co.
a
to
joint plan of manufacture.
be
produced
for
Ford
together
the performance characteristics
transmission.—V. 170, p. 1291.
and
most
signing of' a
Borg-Warner at
of
itself,
will
'
build
desirable
>
embodies
shifted
Davis
the
-i
.
Mercury
hydraulic torque converter and an automatically
planetary gear box.—a combination which, Mr.
matic
,
under
The. automatic
the
12
Division
Motor
*'
.
the
$7,050,000J consolidated
a
three-speed
said,
in
brings
auto¬
an
on
refunding
mortgage
bonds
pledged
'as
.
»
collaterals.-
.
-
.
*
r
•
"
•
'
;
y
has contacted' "holders bf* a ?
I
substantial amount of its consolidated refunding mortgage .bonds held
;
by the public, including the largest holder^ and has met favorable
results.
Including
the
pledged consolidated
refundings, - the -road
to
addition,
the
the
plan.—V.
of 57%
170,. p.
-
of all these bonds have Indicated assent
t
accrued interof New York,
170, p. "1390.
•
"
Beatrice Foods Co.—Frozen Food Sales Up"22%~Stock
on
Oct.
Sales
of ice
22%
•
-
sale
The
Inc.,
of
this company
over
sales
in
10
the
purchaser
same
has
to
approve
specialty
cream
and
also
in the six
the
same
months ended Aug.
six
months
of
last
to
vote
common
at
representing
the meeting
stock:
voted
73%
showed
of
corporation,
new
L.
of
new
Fosteria
company
Screw
Screw
are:
S.
Co.,
Co.
G.
with
Rose,
Vice-President;
A.
J.
Butchkes,
2nd
and Joseoh H. Hoodin, Treas¬
Moskowitz,
Fred
the
Wiland, Secretary,
Taylor
will
continue
as General
Manager.
!
purchasing group own and operate Rice & Adams Corp. of
Buffalo,- N.' Y., leading dairy equipment manufacturers; Emoire Case
Good
Co. of Jamestown,
N. Y.. furniture
manufacturers; Frederick
& Steel Co., Frederick, Md.,: stokers, pumos and
shearing maGas Equipment Corp. of Baltimore, Md.; and MerPlywood Machinery Co. of Lockport, N. Y.—V. 170, p. 978. '
~
:
increases.
■
-
:
•
the
i
31.
year,
Buffalo Niagara Electric^ Corp.—To Borrow—
The
t
Stockholders of record at the close of business Oct. 24,
receive the additional sh*r<»<s.'
,
I
1949. w ll be entitled to
from
i,
Dec.
31.
—v.
'
no,
■-
1950.
The
funds
to
are
authorization
2 Va%
be
promissory
used
for
to
'
■
borrow
Iron
ferCd—Brown,
maturing
construction
purposes.
-
•
,
per
share.
880.
•
& Marshall, Providence, R.
common
Proceeds go to
-
.
i
-
Foundry, Providence, R. I.—Stock
Lisle
shares
'
$2,-
notes
"
Sept. 26 offered 960
p.
SEC
Its
.
'
!
on
'
' :
1291.'
p.
received
banks
certain
Builders
outstanding
shares entitled
in favor of the two-for-one split of the
corporation "has
000,000
•
the
Stockholders
Harold
urer.
a
milk
a
Officers
cbinery; Standard
foods,
fluid
formed
personnel.
Fresidept;
P.,
Vice-President;
ritt
two-for-one split in the common stock.
including
LaChoy Chinese foods, increased
for the six-months period as compared with a year ago.
Sales
of
\
(Ind.) Properties—
Damon,
all
to continue the former business of the Fosteria
the
Iron
;
company's total dollar sales for the six months ended
Aug. 31 were 3.6%' below sales for the same period of last year, there
was an increase in total unit sales of between 4%
and 5%: •// "•
-
,
food sales of
increased
While
;
Hoskins
Chairman of the Board, on Oct. 14 announced
physical assets and property of the Fosteria Gcrew
Co. and all the real property and machinery of
Bowser, Inc.. located
in Fosteria, Indiana, to the Rose-Moskowitz group of
Cincinnati, Ohio.
the
p. H. Haskell, President, told stockholders at the special meeting held
11%
-
Bowser; Inc.—Sells Fosteria
R.
,
The
1290.
Split-Up Approved—"Frozen
due 1961 and
jseries B, have
Oct. 6
it
states
company
*
V
,
•
,
1949,
\
,
Boston Herald-Traveler Corp.—Secondary Offering;—
Paine, Webber, Jackson & Curtis on Oct. 4 effected a
secondary distribution of 4,700 shares of stock (no par)
at $21.25 per share.—V. 161, p. 2656.
.
•
security for. the
j 'In
..
applied to the California P. U. Commission
for permission to sell $9,000,000 first mortgage bonds due 1979.
The
bonds-are to be sold at competitive bidding.—V.\ 170, p. 394.
company
acquisi¬
or
including
•"*
Bond Stores, Inc.—September Sales Increase—
^
Period End. Sept. 30—
1949—Month—1948 "
1949—9 Mos.—1948
,
•
v
Associated Telephone Co., Ltd.—Plans Financing—
The
competitive
common
owner
new
between
ment
at
..
-
an.applicatiop for Commission approval of its bond modification plan.
the
and
as
-
$7,500
been called
constructibn
exchange offer to the present preferred will be on a share for
basis, plus a cash payment by Blackstone equal to the differ¬
•
Hayden, Stone & Co.***.. 2,000,000
Starkweather & Co.___,
300,000
Stroud & Co., Inc.—i_
750,000*
outstanding 5%
gold bonds
outstanding 5% gold bonds due 1961.
redemption on Nov. 3,- next, at 105 and
est. Payment will be made at the Guaranty Trust Co.,
successor
trustee,-.140 Broadway, New York,- N. Y.—V.
>
ht
of
bidding.
1* '
Proceeds of the preferred
.
Guarantee
and
the
publfc
will •V
Delivery .<
j
; ;
*
(
.
$1,600,000 first mortgage 2V2%
bonds,
Terminal Co. and $2,000,000 first mo'rt-
company;
*bihpanjf
Thfe
from transportation service.
Associated Electric Co.—5% Bonds Called—
v
sale
holders :of
As
them
O.
: :
Bangor & Aroostook RR.—Files New Bond Plan—
ended
Harris, Hall & Co.(Inc.)
—V.
the
petitive
...
Hallowell, Sulzberger
Co.
for
pay
■.>»
Associates
..
Electric
&
Gas
-
-UNDERWRITERS—The
respective
used to
be
has received SEC authorization to issue and sell 35,000
preferred stock ($100 par).
The stock is to be
Utilities
in addition. to
locomotives.
power,
Diesel-electric
Lakefront
•"*
one-half
of
estimates that holders
-
;
Mc
Shares),
ence
r
h
organized in 1947 in Arkansas '
Co., and Southwestern
company
a
Oklahoma
months
sale
Authority to
to
cumulative
for
the
Lima-
v
All
B
year.
,v
switchers
Dies61
new
of
road
112
50%
Lakefront
Co.—V.
July 31, 1949, consolidated operating rev¬
enues
of the company and its subsidiary were $28,201,787, of which
approximately 87%
was
derived
from
the sale of electric service,
5%
to
-
Division -of
January
units
and
from' the
\
horsepower each.
Toledo
in
these
of
stockholders
B, of
4'/2%
e
share
.
company,
Light Co.—Seeks
&
applied
would
emptive. rights
The
*
an
•
Arklahoma
cf
subscribe
•
the
Corp.—Partial Redemption—
basis
company,
offered
-
the
'8,581,389
Power
has
proved—
-
has just placed
locomotives
,
road's
.
by
11,860,345
6,771,217
South
Middle
Gas & Electric Co,
Hills
$450,000,
shares
<
,
of
10,521,179
996,856
.Blackstone Valley Gas & Electric Co.—Financing
Under the plan, maturity of the $8,665,600 outstanding publiclyUtilities, Inc. make up a coordinated and
held consolidated-refunding
mortgage bonds would be extendedy to c
t
inter-connected public utility .system in portions of Arkansas, Louisiana
July 1, 1976, interest ■ rate would ibe increased to 414%
and each
and Mississippi which is now known as the Middle South System,
$1,000 would be made convertible into 20 shares of common.
i
The company is engaged as a public utility in the generation, trans¬
Of
the
mission, purchase, distribution and sale of electricity; purchase; dis¬
$3,525,000 collateral trust bonds, $525,000
would be paid
tribution and sale of natural gas and, to a limited extent, in providing ii at par when
the. plan becomes effective.
Maturity of the balance
central steam heating service in the commercial district of Little Ro.ck.
would
be extended to Julv 1, 1961
and interest would remain un1 The company owns all of the capital stock of Capital Transportation
•
changed. New sinking funds would be provided for both issues.
Co., which operates an electric ■ trolley- coach and bus-transportation
The application states that the RFC.^, owner of all collateral" trust
system, serving Little Rock, North Little Rock, and adjacent areas.
bonds, has given its "assurance of assent" to the plan, both-with J
;
The company also owns approximately one-third of the capital stock
respect to 100% of the collateral trust bonds which it holds and, to
sidiaries
1,426,256
796,137
.{
tion
of
additions
or
.Improvements to its properties,
repayment of existing bank loans.—V. 169, p, 1775.
;
'
switching
Ohio.
begin
passenger
The
common
New
will
of
total
a
purchase
series
of Electric Power & Light
stock of the company, Mississippi
and Louisiana Power & Light Co., and 95.2%, of
of
included
.
capital stock of
The
Lakefront
Dock & RR.
Terminal Co.; also assumption of liability as guarantor,
jointly and severally with others of: $12,000,000 first mortgage bonds
public
the
Oct.
on
the
will
Acquire
The
with the dissolution
connection
O
road
the
be
may
1,304,989
108,058,982 101,431,479
90,039,125
81,291,320
7,498,678
8,279,614
the
"'
2,100,000 shs.
3,000,000 shs.
BUSINESS—Company
is a
to
order
"addition
&
To
utility company operating in the State, of
Arkansas and is a subsidiary of Middle South Utilities, Inc., and of
Electric Bond and Share Co.
Middle South was organized on May 27,
2,
switchers
this
58
47,609 shs.
45,891 shs.
45,891 shs.
the
under
are
'
according
Diesel-electric
Corp, of Lima,
assigned
8,300,000 i
47,609 shs.
of bonds of all
amount
time
one
any
ten
Three Bond Issues—
par)
977,644
to the holders cf the company's present outstanding
with the proposal to arrange with Dillon, Read & Co.
underwriting of any remaining shares.
•
'"
■.
*
Company said proceeds of the issuance, estimated at a minimum, of
for
Inc.
8,700,000 i
par;—___
maximum
at
for
on
semi-
(no-par):.*'
12,890.224
10,486,324
897,602
stock,
common
.
a
be
11,000,000
8,300,000
1974—
13,038,482
■
Steel
company
rata
pro
at ;
name
engineer-
through the Baldwin
'
the purchase,
other
applications
sold
12,911,917 108,285,768 101,612,853
21,693
226,786
181,374
11,435,891
income
1390."'
p.
^
an
announced
was
These
.
Outstanding
7,500,000
(no
be
drawings,
-
-
30,102
^
the Federal Power Commission for
authorization.to issue 33,730 shares of common stock (par $1).
The
application sets forth plans for the stock to be offered on a
Machine
as
Hamilton
be,
5,000.000
cumul.
will
13,668,584
$
Issue 33,730 Shares of Common Stock—
,
PRESENT FINANCING
—J
cumul.
stock,
specialized
presses
-
__*_
charges*-*.-__
170,
Black
Acquires Press
—
•
It.
required r
as
as
'
preferred
There
range from 50 tons to 12,500
active in the field since 1916.
order
'
1949—8 Mos.-—1948
$
rev.*
oper.
operating
after
quire
"
$6
'
which-
1956
to
for
accessories
1949—Month—1948
'
$30,000,000
$500,000
$4,993,544
Works, which next year observes its 100th anni- i.
manufacture* of production machinery, has been making
preform presses since *1940.
Its two standard models have capacities '
of 75, and 200 tons, respectively.—V. 170, p. 1230.
' "
~
except.
•$250,000,000
1973—
due
notes,
and
Defiance
are
by
*_*
skg. fund debentures due
•
Baldwin-Defiance
Original
which
securities
1974_,
—
Drl80
.
program
means
Authorized
series
serial
funds
other
Dr24
"
the
under
plant.
Pa.,
primary object of
versary
•
The
corporation has called for redemption on Nov. 15, next, for
account, of the sinking fund, $2,000,000 of its consolidated mortgage
30-year sinking fund 2%% bonds, series J. due Nov. 15, 1976, at 100
and accrued interest.
Payment will be made at the corporation's stock
transfer department, 25 Broadway, New York, N. Y.—V. 170, p. 486.
Dr 12,484
manufacturers,
,
GIVING
series
2%
or
construction
such
of
sale
Bonds:
due
manufactured
Eddystone,
acquire
been
*
revenues
Bethlehem
•
)
Drl2,480
Baltimore & Ohio RR.—Places Locomotive Order-
method
additional
such
the
3 Va %
27/s%
33/a%
the
its long-term
..532,797..':.
,
•
established line of small mechanical presses to supple¬
ment the existing line of Baldwin presses, thus
offering a more com- '
plete service to the pasties industry- Baldwin is one of the country's <'
1,
largest manufacturers of standard and custom-built hydraulic presses $
expendi-f
orders
to
„>
•
.
3>/b%
•>
be
now
data,
is
availability
in
<
CAPITALIZATION,
First
will
Baldwin
The
Orders for materials
reimbursement of
to
Net
Net
—V.
on
transaction.
The >
years.
but" such
placed,
been
determined
not
contemplates
be
have
subject
will finance the balance of
that
respective
in the
changes
the period of construction.
projects
the company
expenditures incurred.
for
it
during
of
482,227
*
?
the
and
$10,800,000
other factors which will result in changes
or
years
certain
the
in
modified by
be
may
approximately
facilities
generating
schedule
which
of
118,573
$4,674,548
trict Sales Offices.
respectively,
for
are
construction
of-equipment
tures by
292,537
111,862
351,366
102.
ing
corpo¬
1949—39 Wks.—*1948
$4,378,489 $28,954,645 $30,614,668
Co. of Pennsylvania—Earnings—
__***_
Oct. 7 announced that if has bought the press busi¬
Defiance Machine Works, Inc., Defiance, Ohio, effective as of'
The purchase includes all models of Defiance preform
presses, '
of
Oct.
$1.75
1290.
p.
'33,980
—
170, p.
ness
>
$14,500,000
for
429,735-
303,796
value)—*
par
Business—
company's construction program
during 1949 is estimated to cost approximately $23,100,000 „(of which
approximately $13,370,000 had been expended to July 31, 1949).",
i
To complete
construction started during 1949 together with other
projects >now expected tc be undertaken,, will require/expenditures
during 1950 and 1951 estimated to aggregate an additional $17,800,000
$6,200,000
266,805
328,012
The'company
facilities,
present
170,
The
and
program,
($1
(The) Baldwin Locomotive Works
-
1949—5 Wks.—1948
Operating revenues—a
Operating expenses _*_*
Operating taxes
;
______
the
Republic'
White,
101.68;
in
used,
received
$2.63
$4,153,203
Operating
671,272'
surplus
Total
—V.
Halsey, Stuart
already used for the acquisition of
extension or improvement of its facilities
construction
used
100.2593.
CONSTRUCTION' PROGRAM—The
and
49,941
907,364
-
cumulative preferred, 2,560 shares———
Prior preferred, 4 and 30 shares
funds
lor
improvement
purposes."
rate
of
2%s.
as
Securities
proceeds
its
bid
a
Securities
Boston
construction,
with
will
extension
net
treasury
the
or
on
bonds
Union
First
PURPOSE—The
(
the
property
11
the
Equitable
were:
(jointly),
Oct.
for
100.069
784,000
$946,470
;
$
v
6%
licly Oct. 14 $8,700,000 first mortgage bonds, 27/s % series,
due Oct. 1, 1979 at 101% and accrued interest.
1,110,000
$1,393,385
Beck Shoe Corp.—Sept. Sales Off—
Uncollectible
obligation
:.Ewtxfed:";surplU3.«-*.-!-.i!..iiv-Preferred stock in treasury, at cost:
Arkansas Power & Light Co. — Bonds Offered—Leh¬
Brothers headed a purchase group that offered pub¬
&
stock
common
Paid-in
man
1
A
per
Period End. Aug..31-r-
.
average
Electric Co.
income***—*—
on
96,416 C
for
-for
sh.
$1,730,470
profit*—•
common share
Bell Telephone
198,487'
482+442 "
1,155,000
*
trade-mark,
1$8.91
$2.41
$2.40
$9.94:;
5% prior preferred stock ($5 par value)
number of shares outstanding.
tDoes not include
Subscrip. paid for unissued priolr pfd. shares—
the company's proportionate interest in undistributed
earnings of sub-,: 6% cumul. preferred stock ($5
par value)-!—.
sidiary companies,
flncludes proportionate interest in net earnings of'-. Common stock ($1
par value)*,—*——
•Consol. earn, per
104:168
$2,503,385
$175,000
;
47^314-
income
Reserve
218,520;987
209,257,769.
I—
***—-**__**_.
—
.monthly
.
taxes
!$1,626,302
104,865
net
170, p. 1182.
—V.
540,668
—
mortgage note, due Nov. 1, 1961—
purchase
money .mortgages,
payable
in
instalments ending July 15, 1955*
5%
>
for Federal
(A. S.)
'
15-year 4%'
224,930,389
6,832,541
A.T. & T.,
.
$2,398,520
—,—
Sales
expenses207,627
taxes—.
:
446,987
Acerued
81,276,846'
———
.1
.1
—
payable
Earned
—V.
$4,993,544
.■.■'«
"
loans
Accounts
_*_***:
income
Period End. Oct. 1—
LIABILITIES—
33,376
14,288
539)046
443
554,914
—
■
$4,674,546
239,209,887"
-
35,157
—*_--!***_!{;_•
——.
Consolidated
728,922
1,734,502
I
439,865
247,221
premiums—
depreciation*—*—.
profit
Provision
1,941,355142,442
1,983,464
175.295
-
(net)
annuity
———
150,333
457,696
287,346
income—————
1948
.
2,011,166
and
418;364
1,547,08)
161,446
income-<divs,j rents, discounts, int., etc.)
Total
$l'57,361.
,*_•_
Total
Net
"Gross
Other
:
'
...
market)--—
or
etc
equipment
•
.
$226,343
Federal
1,112,634
to
:
'
30
:
.487,867
—_*__
„—*
than
for
4,920,304
expenses——
'—_"—*_——*—
.
Provision
inGome.
-1949
lower of
(at
charges,
185,124,837
.
SHEET,
to
general
——*——-—'
Retirement
Interest
43,721,-765
1,224,110
5,234,705
1,678,781
——
r—,
other
1946
$54,761,587
38,511,328
—*—<■**.
—
result, the Federal income tax
a
v,
:
Inventories
565,911,025 521,820,421 2,217,812,315
as
in proportion
BALANCE
,
''4":%',,
receivable
revenues.
expenses.
Federal
and
____
Operating
1,998,373,490
1948
relatively high
are
Operating
Other
$79,695 for
ASSETS—
1949—12 Mos.—1948
f
1949
$51,032,313
expenses—
and
Insurance
were
allowed
as
deductions from income in prior years.charges included in the foregoing statement amounted to $88,996
Such
52,862,883 218,050,000 192,504,361
51,555,380 212,290,000 199,112,458
$2.31 H
' '$9.24
'
$8.70'
$2.34
1
Rent.
•Including in 1949, $326,204 of toolmaking machinery, etc.
tlncludes:
depreciation adjustment of $ll,89e, net after income tax
JFor
delivery
Advertising
v
prior years'
effect.
1949
maintenance
and
and
Administrative
02,956"
105,000
41,000
operations
tNet income
Dividends
Repairs
Selling
3
ACCOUNT
(incl.
storage earnings)—
Products and other merchandise
70,361.
tCrl3,596
income
Sales—net
33,235
______
INCOME
3 Months Ended Aug. 31—
,
$4,330,410
3,893,403
156j057
3,894,929
plant assets——
of
rearrangement
Federal
CONSOLIDATED
1948
Taxes,
64,282,242 269,880,000 237,232,673
11,419,359
51,830,000
44,728,312
15,420,000
..
-
14,530,000
1949
.
58,134
Sundry ueductions
(1491)"
Machines, Inc.—Annual Report—
depreciation
Cost of plant
JProv.
CHRONICLE
*.
52,608,753
4,270,000
—
income—
11,369,415
FINANCIAL
expends*-*_i
for
Interest
34,853,741
7,649,226 ,26,300,000
228,810,000 184,683,141
7,290,000
and
Provision
&
:_*___*_
sales
Costs
21,521,000
13,230,000
3,184,697
:
59,730,000
income—net
Total
14,610,000
4,905,000
-.3,400,000
income %****.*
income
Dividend
Other
3,360,000
taxes
•Net
56,184,403 221,800,000 224,627,760
40,445,480 167,660,000 156,883,604
.40,530,000
expenses
Federal taxes
Avildsen Tools &
Years Ended June 30—
$
$
54,580,000
revenues.
CO.
1949—12 Mos.—1948
1949—3 Mos.—1948
$
Operating
TELEGRAPH
&
COMMERCIAL
(no par)
Qf-
I.;
on
at $15.50
selling sotckholder.—V. 170,
'
,
.
,
U. S. Patent Office) William B. Dana Company, Publi shers, 25 Park
Riggs, • Business Manager,
Published twice a week [every Thursday
Place, New York 8,: N. Y., REctor 2-9570.
Herbert D. Seibert, Editor and Publisher;"
William Dana Seibert
President' William D.
(general, news and advertising Issue) j with a statistical issue on MonaayJ.
Other
offices:
135 S.
La s'aile St., Chicago 3. HI.
(Telephone State 0613); 1 Drapers' Gardens, London,
E. C. England, c/o Edwards & Smith.
Copyright 1949 by William B Dana Company.
Reentered
as
second-class matter February 25, 1942, at "the post office at New York, N. Y., under.the Act of March 3,
1879,
Subscriptions in Uhited States, U. S. Possessions, Territories and Members of P&n»
Am»rfcan Union. $35.00 per year: in Dominion of Canada, $38.00 per year.
Other Countries. $42.00 per year.
The
Commercial
and
Financial
Chronicle
(Reg.
-
-
^
ROTE:
On
account of
the fluctuations
In
the
rates
of
exchange, remittance for foreign
.*
subscriptions and advertisements must be made In New York funde.
,
„
•
,
4
THE
(1492)
Butler
-
r-V. 170, p. 1079.;
.
cancelled
were
FINANCIAL
&
(at cost),
CHRONICLE
$1,705,161;
Monday, October 17, 1949
prepaid expenses
Cities
charges, $256,214; investments in and advances to airline
organizations, $72,746; unamortized debt discount and expense,
$176,104; total, $13,769,230. ';, >1,
& Co.,
Charlotte, N. C., Oct. 4, offered 10,000 shares
stock
of
common
to
selling stockholder.—V. 170, p. 1391.
(par $1)
at $6
share.
per
due Sept. 30, 1949, $2,500,000;
payable, $519,983; transportation taxes, emp.oyees' withholding
taxes, etc., $539,4.98; accrued liabilities, including payrolls, $758,488;
deposits on air travel card accounts, $300,158; unearned transportation
levenue and ticket refund liability, $198,462;
15-year 3%% convertible
Income debentures, due Sept. 1, 1960, $7,685,000; reserve for uninsured
damage to aircraft, $124,607; common stock (par value $1 per share),
Proceeds go
caoital surplus,
total, $13,769,230.
$4.79,083;
Bread
Canada
Securities
Co., Ltd.—Bonds Offered
Dominion
—
978;
Clinchfield Coal
The
The offering consists of $600,000
sinking
100
at
the
In
companies
that
states
funds.—V.
162, p.
registered
under
it
invest
may
1884.
for
to
.eave
Appeal Rate Decision—
to the Board
has applied
company
Canada
appeal
of Transport Commissioners
the Supreme Court of Canada on a
to
question of law in connection with the recent freight rates decision.
"
The appeal application is being lodged by the Canadian Pacific and
its subsidiary companies.
The application will be heard by the board?
on Oct.
17.—V. 170, p. 1391.
.
Capital Airlines, Inc.—SEC Registration Covers Three
Issues—Would
Debenture
Co.
Hold
to
See
[ ,/J-7J" \"T
latter
;•
30,
the remainder on
and
Jan.
Eliminate Restrictions—
bonds
that
redeemable
has
company
at
descending
a
coal in excess of 5,000,000 net tons produced from the mortgaged prop¬
erty in any calendar year, starting in 1950, also is to be applied to bond
Company at its option may pay into the sinking fund
retirement.
additional
1950.—V. 169,
31,
4%%
mortgage
companies will be
30, 1961.
The bonds will fall due Oct. 1, 1961.
?;?■.. > •.: f
The sinking fund for the issue calls for $400,000 a year, payable
semi-annually. A further sum equivalent to eight cents a net ton of
bank
1949,
first
Sept.
■'
V
of
$4,800,000
of
sums
to an aggregate
up
of not
than $400,000
more
the life
of the bonds.
The redemption price for bonds retired
the sinking fund will be par.—V. 170, p, 1392.
during
through
,
net
assets
valued
of
this
market
at
corporation
Sept.
at
with
1949
30,
secur¬
$9.45
share
a
Net
debentures,
linancing
June
on
30,
1949
were
Sales
costs
increase
an
Cost
applicable
the
to
stock
common
Selling
for
Report—
the
1948
1947
$10,485,700 $13,005,081
of
goods
sold—
6,877,423
$3,053,262
$3,498,887
1,957,932
$2,519,170
367,057
447,797
408,613
$601,153
sales
9,506,154
$1,093,158
$847,593
expenses
General &
Profit
Other
admin,
from
expenses—
operations
income
.
63,305
*.
24,786
19,020
$1,117,944
$866,613
Income charges
for
Fed.
1,262,964
$664-,458
——_
Gross Income
Prov.
$9,396,593
7,432,438
2,085,052
Gross profit on
14.27c.
of
nine months
ended Sept. 30, exclusive of profits on sales of securities, was $187,770,
compared with $141,844 for the nine months ended Sept. 30, 1948. This
was an increase of 32.3%
over the same period last year.
Asset coverage
per $1,000
of debentures outstanding on Sept. 30
(excluding unamortized debenture financing costs) amounted to $4,233.
Interest and amortization requirements on debentures outstanding were
earned 3.73 times.—V. 170, p. 1391. ?K :
income
Co.—Annual
and
quotations,
outstanding
debenture
Products
COMPARATIVE INCOME ACCOUNT FOR YEARS ENDED JUNE 30
before deduction of principal
$7,925,456
(excluding un¬
of $117,537).
They compared
with total net assets of $7,170,830 on June 30, 1949.
Net asset value
of the common stock was $10.79 a share on Sept. 30, compared with
of
Aluminum
Club
Carriers & General Corp.—Net Assfets Increased—
Total
ities
amount
Canadian Pacific Ry.—To
of
(deficit),$2,174,-
surplus
Sept. 19 paid off all but $375,000 of its out¬
notes, according to a report filed with the
Exchange Commission- Of the $375,000 balance, $75,000
and
Nov.
amortized
This
earned
2415.
of counsel, these bonds will be investments in which
and British Insurance Companies Act, 1932 (Dominion),
amended,
their
due
opinion
The Canadian
as
is
p.
to mature Oct, 1, 1967.
The 4%% bonds were
interest.
The 3%% issue was placed privately.
and
Formed
prices, at the option of the company.
The call price will
be 104 until Sept. 30, 1950.
After that it will decrease by one-third
of 1% each year until a figure of 100% is reached in the year ending
bonds
fund
Offered
Be
Service
Corp.—New Bond Issue—
to four insurance
scale
on
$2,500,000
Securities
3%% serial bonds to mature $60,000
1950 to 1959, inclusive, and $2,650,000 4%%
of the years
corporation
standing
mortgage bonds, Series A, to be dated Oct. 1, 1949.
Oct. 1 in each
$2,838,729;
The
issued
Nearly All of Bank Loans Retired—
Corp., Ltd. and Cochran, Murray & Co., Ltd.,
Oct. 4 offered in the Canadian market $3,250,000 first
on
Corp.—To
LIABILITIES—Notes payabe to banks,
,
Butler's Inc., Atlanta, Ga.—Stock Offered—R. S. Dick¬
son
Hetera
non-Utility Securities of Cities
company above.
?; a
service
accounts
>
Service
deferred
and
1949—Month—1948 " v 1949—9 Mos.—1948
$13,441,538 $16,083,938 $92,904,683 $116,639,797
—
for which
orders
Brothers—September Sales Decline—
Period End. Sept. 30—
Sales
COMMERCIAL
225,313
taxes-
258,318
184,191
156,229
325,483
259,657
$282,916
$534,143
795,125
$422,764
1,151,259
—$1,434,176
$1,329,268
$988,000
income—
on
*
The company Oct. 12 filed with the SEC a registration statement
covering $7,400,000 15-year 3%% convertible income debentures; $3,700,000 of 4% debentures, series A, and $3,700,000 of 4% debentures,
„
series
?
B.
of
All
the
debentures, according to the registration statement, are
due on Sept. 1, l.;60.
The 15-year convertible debentures already are
outstanding
and the company proposes
to
offer
holders of
these
debentures the rignt to exchange them
for the new series A and B
debentures.
The
the
at
company
350-mile
time
same
air fleet by 1952. '
Pres. J. H. Carmichael
announced
"
?
•
announced
hour Constellations—under
for
plans
modernized?
a
:.v-
.
that
the
will
company
buy
three
unique lease arrangement—
will gradually replace its DC-3s with new "super" DC-3s, and will offer
debenture holders the chance to turn in their holdings for two series
of
new
debentures.
The last step is designed to
remove
indenture
per
restrictions
whiea
have
financing plans.
The
plan to buy
crippling
the
in
company
its
equipment
aircraft
the
manufacturer.
Although
several
schemes
such
have
been
proposed in the past, they have involved less favorable terms,
f Lockheed has agreed to lease the three Constellations to Capital for
hn 18-nionth period at $17,500
each, with the rental to apply toward
thfc purchase price of $684,000 each.
These three planes are among
which
five
under
Lockheed
taking back from KLM (Royal Dutch Airline)
whereby KLM will buy five Constellations with
longer-range features.
After
the
»
Constellations
returned
are
by KLM next spring, upon
delivery of the longer range models, Lockheed will completely overhaul
the three Constellations and modify the interiors with several brand
new
Mr.
ieaiures,
Capital
New
in
June,
York
Carmichael
July
service
and
and
said.
August,
The
and
on
Capital's
Chicago and Minneapolis-St. Louis.
*J
Company
recently
will
route
be
will
be
used
delivered
to
Washington-
on
extending
'
the
announced
planes
Norfolk
from
to
V-
'
of three "super-DC 3s"
cn a pay-as-you-go basis.
Mr. Carmichael said" that the company had
a
cash position ox $3,500,000 on Sept. 30, and that its
oply indebted¬
ness, other than the outstanding debentures, was the $375,000 balance
of a $4,000,000 bank loan.
This balance will be settled by next Feb. 1.
*
The
features
michael
u "To
in
of
the
letter
a
provide
price
of
the
filed
12,
stock
two
stock
ferred
dividend
underwriting terms, and the pre¬
be determined by competitive bid¬
the
issues,
to
'
Gross
recapitalization
holders
to
the
purchase
of
plan, as described by Mr.
the
outstanding
flexibility which may
financial
Car¬
follow:
debentures,
be needed to con¬
with its re-equipment program and the concomitant
ability to
interest and sinking lund charges on the debentures, the company
soliciting the consent of the holders of 3% %
convertible
income
tinue
interest
50c
■i
chased
Other
for
Prov.
Fed.
(other
taxes
'* income)
Federal
Net
inc. &
(charges
op
special
inc.
■
$416,594
$5,877,120
1,401
19,666
$5,896,796
138,493
1,800,746
is
debentures
denture
to
the
relating
relaxation
to
of
the
restrictive
6f
funded debt
the creation
assets."
The
assent
their
cf
these
provisions will then
fcr new debentures
holdings
for
$1,000
$500
of
vertible
in¬
be
offered
to
up
the
Nov.
right
30
to
3%%
series
income
Interest
convertible
A
4%
income
debentures
debentures,
debenture
and
convertible
$500
into
turned 'in
be
may
of
series
4%
B
stock
common
at
the
on
series
new
A
debentures is
payable at
fixed
a
of 4%,
con¬
$11.11
charge
whether or not earned. The interest on the present debentures
is payable only to the extent that available net
income^or the payment
of interest is earned.
Interest on the series B
debentures will
only if earned.
??
The
series
of
$500,000
"and
purpose,
at
debentures
B
the
?
A
$11.11
the
paid
will
extent
accordingly
The series B
are
series
still
per
be
of
should
taken
the
out
series
Mr.
wi'l
be entitled
debentures
of
A
could
be
converted
into
45
entitled
to
net
retired
annual
an
to
have
letter
of
no
been
of
its
$4,000,000,
when
in
noted
earnings"
several
for
this
prior
years
to
sinking fund payments until after
retired.
the
making
1946
that
history"
this month.
years ago
payments
loans
If
3%"7c
any
exchange offer,
and
At
it
the
when
company
the
a
debentures
proportionate
impossible
1947,
or
was
"in
the
$0.11
$0.11
—V.
170, p.
Cost
to
to
repay
1948.
new
interest
pay
,
the
This
or
traffic
cut most of
volume
September and has shown
a
had
profit through-
for
plans
corporation
additional
Gas
Electric
&
to
stock
common
Investment in any
The company,
000
in
will
Period—
:
Operating
Operating
expenses
income
income
Balance
Net
gain
.
revenue
Operating
Other
:
Net
$7,082,237
6,383,428
$698,809
—
deductions
(net)
—
.
•$353,480
107,654
$591,155
145,640
$499,120
$345,329
253,294
$92,035
for
income
its
series
B
either
be
in
———
$1,331,237
r.
740,082
—
Co.,
Central
and
?
?
of the proceeds to buy
Light Co., and South¬
about $500,000 for future
Power
&
retain
to
170, p. 1391.
of the company's four subsidiaries.—V.
•$499,120
SHEET, JUNE 30,
$832,117
sold
at
less
not
than
170,
par
pledged
or
ASSETS—Cash on hand and demand
deposits in banks, $2,781,905;
U. S. Certificates of Indebtedness,
1%%, due June 1 1950, $1,000,000;
(after allowance for losses of
$90,034)
$2 262 ,771; mainienance and operating supplies (at
cost), $279,325; property' and equipment (after allowances for
depreciation and obsolescence of
$8,794,887),
$5,235,004; engines and equipment purchased for
receivables
price
1291.
p.
40,000
Sales
——^
There
52
were
units
in
operation
ago.—V. 170, p. 1080.
year
in September,
weeks
to
treasury—,
Dr4,328
169, p. 1223.
Period End.
Net
Aug.
31—
income
Federal
No.
profit
1949, and 494,988 barrels for
Revenue
passengers
,$327,842
Ltd.,
has
dated
'9,663,106
73;074,00l
equipment,
announced
Aug.
10,
1949
170, p. 1080.
1949—3 Mos.—1948
$9,248,674
1949—9 Mos.—1948
$11,946,854 $24,055,109
•3,804,873
3,441,641
*11,535,345
544,000
1,575,300
1.319,000
4,788,012
2,122.641
_—.
:_i.
782,181
2,229,573
of
outstdg—
834,319
794,952
$0.93
$2.81
shares
share
per
.
Other
—
.
!
&
??
of
Simplify Corporate Portfolio—
or
the
real estate businesses,
income
„;
some
•Based
transactions
is
to
!
the corporate
simplify
on
,
profit
1949
.
—
a
rities
of
amount
to
an
of
to
Cities
aggregate
$5,402.
the
new
Service
in
carrying
The
company
exchange
value
companies
cf
Co.;
Guayaquil
company;
operates
The
United
a
SEC
Fuel
&
56,623
pi
are
to
be
trans¬
are;
Investments,- Ltd.,
Quito
1392.
302,173
$0.11
$0.58
^
Rv.
Co.,
an
s
v
a
Canadian
Ecuador
holding
company
which
:
Federal
taxes
1949
1948
$1,205,000
500,000
640^000
;•
rr
profit
•The
common
comparative
ferred
p.
;
,—
per
stock
which
were
.
Oct.
20
to
1.
?t
\ *
■'
?.
request
a
are
per
share
calculated
outstanding
at
the
of
on
■
'
of
"
——
S5C5.00C
? $1.08
common
654,311
end
—c
$1,007,000
_
share——_ ?
earnings
dividends
shares
both
\ $0.40
stock
after
of
pre¬
common
periods.—V.
170
1188.
Commonwealth Edison
Co.—Weekly Output—
Electricity output of Commonwealth Edison Co. and associated com¬
panies, excluding sales to other electric utilities, for the week ended
Oct. 8, showed a 5.2%
decrease from the corresponding week a
year
ago;
Following are the kilowtt-hour output totals of the past four
„
weeks
and
percentage
Week Ended—
comparisons
with
1948:
1949
Oct. 8
219,979,000
Oct. 1
228.005,000
___^—227,332,000
Sept. 24
until
169, p. 1449.
$1,507,000
for
.
Net
•Earnings,
miscellaneous secu¬
and cash in the
for
securities
railway line in Ecuador.
has
given interested persons
hearing>«4V.( 170,
1943
.
share
taxes—
provision
$2,224,598
whose
Community Traction Co., which operates bus lines and street railway
Brightman Manufacturing Co., an Ohio company
manufacturing nuts for bolts; Federal Liquidating Corp., a Delaware
company organized for the purpose of
liquidating Federal Light and
Traction
$8.49
$23,019,436 $24,546,97G
129,063
525,210
523,174 shares currently outstanding.—V.
before
Estimated
stock
company (to be known as Cities Service Hetera Corp. or
similar name) will issue all of its common stock
(22,300 shares
par)
-
,
Columbia Pictures Corp. (& Subs.)—Earnings—
Profit
new
$100
794,952
$2.54
out $22,670,131 $24,375,286
etc.
349,355
171,690
——
operating
-
for liquidation.
portfolio Of Cities Service.
The
6,747,333
834,319
(& Subs.)—Earnings
/
freight
operating income—storage, grinding,
Consolidated net income
•Net income per common
;
.
_
company has applied to the SEC for authorization to form a
corporation to which Cities Service would transfer miscellaneous
investments in non-utility companies, which' are not engaged in the
purpose
$33,487,777
1,326,181
______
3 Months Ended Aug. 31—
Gross sales, less returns, allow.
new
stated
does
holders
Inc.—Earnings—
The
The
it
the
83,033,317
Cities Service Co.—To
oil, wholesale natural gas
that
to
special provision for amortization of postwar construction
costs of $350,000 for three months and
$105,000 for 12 months ended
Aug. 31, 1948.—V. 170, p. 784.
$218,319
8,355,762
___
Co.,
offer
the
profit
Total
$14,968
>
•After
!
*$294
,
1949.-
1,
Petroleum
___
taxes
Earned
$15,400,008
1949—8 Mos.—1948
Dr7,741
$2,168,436
-
Colorado Milling & Elevator Co.
\
1949—Month—1948
Aug.
withdraw
sales
....
Cincinnati Street Ry.—Earnings—
ended
Anglo-Saxon
intend
against 50 a
1949,
79,640
1,151,259
per accom¬
Colon
Net
1949—9 Mos.—1948
; $1,807,105 $14,707,775
$1,681,032
„
73,930
1.119,294
1941),
$1,897,011
Net
-
1949—Month—1948
73,930
79,640
Colonial Mills,
(& Subs.)—September Sales Off 6.98%—
Sept. 30—
8,007
de¬
(issued, 323,960 shares).
par
Period End. Aug. 31—
as
lines in Toledo, Ohio;
1949
flight
inveptory
contingencies
capital stock held in
Net
Oct. 13, asked the ICC for authority to issue $25,760,3V»% five-year first mortgage bonds.
These bonds
Childs Co.
ferred
*Loss.
CONDENSED BALANCE
future
*
ordinary shares. Said holders may therefore still accept the
offer by completing and
signing the form of acceptance attached to
the
offer and
delivering the same to Irving Trust Co., One Wall
Street, New York 15, N. Y. accompanied by the certificate (s) for or¬
dinary shares held, (See v. 170. p. 688).—V. 170, p. 979.
$7,000,000
apply
indebtedness.—V.
mortgage
Period End.
of
740,082
7,230
52 Weeks Ended June 30—
$5,480,236 $12,562,473
5,833,716
12,217,144
on
acquisition of deben¬
May 1, 1949 sink, fund
requirements
tures
of
collateral for
a short-term note.
The proceeds will be used to redeem $25,760,850 of
outstanding series A 4% first mortgage bonds. The outstanding 4s will
be redeemed next Jan.
1
at 104 % and accrued interest.
The com¬
pany
said
that
this was the
first step
in a refinancing of all
Quarters Ended— 6 Mos. End.
June 30,'49
Mar. 31,*49 June 30,'49
■
no
219,139
10.369
expenses—^
Offer Still Open—
Chicago Rock Island & Pacific RR.—Refunding Plan—
—V.
v
stock,
five
The
not
will be offered under competitive bidding,
stockholders
by
will determine the offering price.
The
COMPARATIVE STATEMENT OF EARNINGS
•.
promotion
vther
Consolidated
this year.
i,.
i
the
The
company on Oct.
13 filed a registration statement with the
covering 725,567 shares ($5 par) common stock.
The company
previously made public its plan to offer this stock to holders at the
rate of one share for every 10 held as of Nov. 2.
Securities not sub¬
which
5,236
com-
The
company
announces that
its
production for the five weeks
ended Oct?. -3, T949, amounted to
465,854 barrels, compared with 369,375
barrels for the four weeks ended Aug.
,
planes.
company
in
profit-sharing
325,483
surplus
of
66,851
156,229
Colon Development Co., Ltd.—Production—
SEC
scribed
$246,633
22,233
5,221
29,
sinking
$4,000,000 in bank
crisis caused the
$321,382
—
income
on
•Unamortized cost.—V.
$0.99
$1.67
,•
$2,168,436
creditors
Total
$2,762,150
1391.
22,272
withholdings——.
isince July 1,
panying statement
Central & Southwest Corp.—Registers With SEC—
most
By Sept. 30 of this year, the 3% 7c debentures were
"fully current"
and
the
amount outstanding
had been reduced from $9,850,000 to
$7,685,000, and the bank loan reduced to $375,000.
The
record
Earnings per com. share
tax
Earned surplus
$1,957,757
present
management took
time, Capital had a net worth
the
they matured on Feb. 1,
cancel its commitments for
company to
a
$3,291,702
com.
1
19,668
balances—
possible
and
Paid-in
sinking fund.
condition
deficit
fund
$212,479
sinking
payment is to be made toward their
redemption and
the amount which would
otherwise be applied toward
Carmichae.'s
two
over
A
fund
critical
$214,062
for
7,681
2,000
65,812
for
Common
804,393
stock-
Bal.
share price.
This compares
applicable to the 3%% con¬
available
be
outstanding at the close of
sinking
804,348
div.
western
maturity."
the
67,023
■
■
debentures
"to
be
-
price of $38 per share
debentures.;
new
fund
stock
common
conversion
a
vertible
f*
?;.■;/?'
.
Each $500 worth of series
shares of
with
$279,502
67,023
exchange
following
the
on
share.
per
$281,085
requirements—
Pfd.
of
the, holders of G6%% of the outstanding debentures
these changes. ' All debenture holders consenting
basis;
Each
the
pledging
to make
necessary
to- relax
of
the
and
'A'-'V
,
Is
provisions
27,657
6,900
*23,797
2,000
taxes
sundry
clines
1,528,485
$4,096,050
-
29,707
policies—
:
credit
sales
Reserve
$4,290,635
158,044
_
income
58,662
220,466
pensation
pay
Net
.
233,093
cost
Federal
Accrued
34,888
$417,995
;
58,662
cost
payable—trade
Accrued
$4,255,747
1,316
307,710
;
Co.
—
Accrued salaries, wages, and
1,355,183
$437,813
$439,129
—
Accrued
343,509
2,016,802
703,746
Mfg.
cost
licenses—
Employees' income
i
411,466
market)
683,453
$1,897,011
Customers'
.
91,775
116,297
Income
and
1948
411,918
LIABILITIES—
t
(net)
deductions
Total
31,959
1949
Total
1,588,911
'
operating income.
Nonoperating
Gross
1,702,403
i——-t-W'
taxes
equiv.
173,680
130,536
or
Aluminum
charges
Accounts
1,996,903
153,581
/
2,282.988
cost
owned)—at
<netl_—
Patents—unamortized
1,290,096
36,697
taxes j
than
property
Trademarks
3,945,929
1,222,417
of
Monarch
$1.30
$407,519 ?. $828,534
.
Cash surrender value of life insurance
4,608,915
4,312,992
116,592
202,924
depreciation-
3,465,063
346,364
129,530
State & municipal
475,035
336,734
—
lower
$795,126
30
(net)
(less than 50%
Deferred
467,895
power
operation
in
1949—12 Mos.—1948
JUNE
'
-
receivable
(at
Plant
pur¬
Maintenance
SHEET
•—'
Inventories
ACCOUNT
$1,151,259
$1.65
$0.87
BALANCE
161,886
" 30,998
$1,lid,294
year—
ASSETS—
$1,782,845 $21,191,261 $19,385,199
$1,881,471
of
j.
178,009
40,000
?
end
at
565,236
<
„
274,881
Franchises—at
1949—Month—1948
Period End, Aug, 31—
Operating revenues
Steam generation &
1947;
per share
Accounts
1949.INCOME
share;
a
expense
•
stock
COMPARATIVE
—
—
Earned surplus
Earnings
.
21,
year—^
share
a
Investment
Oct.
to
the
Dividends—1948, 55c
Cash
Colony Trust Co... trustee, 45 Milk St., Boston, Mass., will
until noon of Oct. 18 receive tenders for the sale to it of first and
general mortgage series L 372%
bonds/ due Oct. 1, 1970, to an
amount sufficient to exhaust $116,850, at prices not to exceed \00V\7o
accrued
surplus
Reorganization
The Old
and
income-for
Earned surplus at beginning pf year
two
rate, are
it
ding.
is
commitment
a
additional registration statements
with
the SEC proposing
the sale ot preferred and common stocks.:
A
registration statement covering $5,000,000 of
first and general
Mortgage bonds, series S, due 1979, was filed Oct. 5.
In the new registration statements the company seeks registration
of 30,000 shares of preferred stock ($100 par) and 200,548 shares of common
stock ($10 par).
Both issues are to be offered for sale at
competitive bidding. Sale of the common stock, however, is subject
to
the
prior subscription rights of present common and preferred
stockholders, at the rate of 1 new share for each 10 common shares
held and 1 new share for each 2 preferred shares held.
The offering '
Oct.
company,
Tenders Sought—
Constellations from Lockheed Aircraft Corp.
the first lease-purchase arrangement between an air line and
involves
an
been
a
Net
Central Maine Power Co.-—Registers Stocks—
The
Sept. 17
-V.
170, p.
—
1390.
227,483,000
1948
% Deer.
232,032,000
230.535,000
229,284,000
226,855,000
5.2
-
r
1 1
»
0.9
<^3
?
Volume* 170
Number 4847
THE
Connecticut Power Co.—Partial Redemption—
Taere
have-been
accrued
ana
"K"
bonds
National
v.
interest,
due
Nov.
Bank
loo, p.
1,
1973.
Trust
&
Co.,
2o2i..'.
'
will
Payment
Tax
made at, the Hartford
Hartford, Conn.—
be
in
Main St.,
777
trustee,
company
k#h.,
year,
Local
of
Oct.
cn
the
for
keek
with
comparea
last
cubic
distribution
of
week amounted
Consolidated Gas Electric Light &
—Seeks to Amend Mortgage—
The company
to
vote
amend
to
continue
has called
be
to
first
its
under
issued
that
to 883,300,000
meet
future
week
;
to
first
Almost
about
over
30
years
capital
when
ago
that
$24,000,000
issued.
be
can
the
However,
amount
the
the
remaining.
of
that
said
after
stockholders approve
the
the proposed
170,
operating
1
.
has
Powers
interest.
been
with
owed,
.7,505,764
will
$6,739,053
394,736
——$7,133,789
*
income
.
—
—
-
Interest and amortiz. of prem. & exp. on"borids
-
■
:
'
e-' BFtt' iiicome'
'I-
$5,441,828
r'
^Earnings-per common
■
the
this
corporation
wiil
and
since
will
remain
continue
the
on
act
to
of
board
and
170,
The
Oct.
at
from
redemption
$58,000
1962,
111.—V.
way,
holders
of
the
of
101
at
170,
instead
$2,667,101
than
of
Foreign
The-Saturday
Ladles'
Home
Country
Holiday
Evening
Nov.
on
1,
next,
4%
accrued
and
not
interest.
the
for
sinking
»
.
£...,2....—_
Total
NET
PAID
6 Months Ended June 30—
The
Evening
Saturday
Ladies'
Payment
trustee,
208
70%
the
by
the
Jack
Gentleman
and
—V.
Post-™.
preferred
the
the
of
have
declared
A
class
31XU
will
still
would
payable
share
per
l-to
Nov.
initial
an
stock
common
cents
holders
his
and
,
,
Net
loss
be
R.
said,
Oct.
on
He
6.
also
of
record Oct.
of
cents
10
and of
a
with
3,961,510
The
company
&
'
Sept.
27
2,348,213
821,016
2,235,397
644,642
441,800
result
in
an
used
additional
up.—V.
170,
170,
1392.
•
-
a
reaching its decision
common
directors
Share
on
dividend
stockholders
A: /
Sept.
the
last,
the
6
Ohio
at
first
river
in
that
the
dividend
of
of
Newton,
has
had
they
that
it
Oct.
on
weeks.
fourth
However,-
quarter
dividend
v.
176,
payment
p.
1080.'-'•
in
>
year
1949
take
could
of
in
of
of
immediate
no
a
declared
12
dividends
of
share
a
1949
$1,000,000
com¬
figure,
from
Mr.
Ebasco
Mr.
Caider
commented
detail
in
on
generating equipment representing 18%
expansion
program
planned
for
'
industry's
The
securities
new
the
to
be
recei.ed
American
uom
than
more
company
$1,100,000 a year, compared
receives on this investment, Mr.
now
approved
meeting
Caider
the
company's proposed retirement
calls for cont.ibutions by Bond
emphasized,
two-thirds
Approved by SEC—^
witH
10
order
an
the U.
of
S.
District
Court,
this
com¬
pdvised its stockholders that the Securities and Ex¬
American
approvdef1 by; Order dated!
Dec. 31. «-194&p March 24;
Power
&
Oct.
4,-
1949
and
1949
the
Oct.. 3,
Light-and
subsidiaries
also
plan
of
Americsreand
provides,
capital
new
stock
American.
of
other things, for. the settlement for
alleged claims by Anaerican.and its pres¬
ent and certain past subsidiaries against Electric Bond 8t Share Co. and
its present and former wholly-owned subsidiaries.
District
Court
$569,374
214,500
be
Y.,
among
In cash of certain
for
to
the
held
Southern
at
Room
District
of
York
New
has
ordered
hearihg
a
U.
S. Court House, Foley . Square, New York.i
10:30 o'clock a.m., to determine whether or
not to approve and enforce
the plan, as amended.- :Any person: in¬
tending to appear and object to such approval and enforcement must
Nov.
011
506,
1949,
7,
at
written
statement of objections,
together w.wi any supporting
the Clerk of said Court on or before Nov. 1, 1949.
The
enjoins any and all persons from taking any action,
pending the Court proceedings, which would in any way interfere with
a
with
Court's
250
such
acres
Ohio.
said
The
plans
as
a
for developing
stand-by site
order
proceedings,
Court
except
the
or
appropriate
action
befoie
Court of Appeals.—V.
proper
Equitable Gas Co.—Earnings—
STATEMENT OF INCOME
',
Operating
year-and-a-half
a
of
record
21,
Nov.
12
170,
the
Commission,
1393.
p.
expenses
and
—
12,452,990
leaseholds
for
Provision
for State
Federal
depletion
an
reserves
and
760,512
income
tax
820,687
income
-117,633
Taxes
(other than income taxes)
Rents
and
General
,
$10,073,683
-
-
649,747
depreciation
of
Provision
115,125
royalties
and
}'5'
31/ 1949
repairs
to
amortization
quarterly of 15 cents per share paid on Sept. 10,
since Dec. 10, 1947, when 15 cents was also
•
,j
ENDED JULY
-
Appropriations
1949.
f.
c
MONTHS
revenues
Operating
about
quarterly dividend of 25 cents
a
cents
The
.
Oct.
of
certain
$354,874
Ironton,
simply
stockholders
to
52
1948.
Represented.
the meeting were proxies from
of the
company's', stockholders and more than
outstanding stock, the highest percentages in the com¬
history, It
was
stated; - r
>
:
;
.
ty.,'
on
The
payment
9,
last,
on
has
company
Oct.
1,
received
authorization
SEC
to
325,707
administrative expenses
Net
911,845
proceedings
may
$10
to
per
for
on
F.
Picher's
Sales
Co.—New
Merrill
has
Gross
be
considered
advisable."
—V.
varnish
He
formerly
Co,
comfort
home
169,
appointed
division
486,670
p.
Federal
order
Oct.
Arthur
was
Editor
of
items
as
well
various
as
Hie oublication
lead
and
zinc
of
New
York,
a
of
Eastern
States
brought court action to prevent an exchange of stock
Corp. and St. Regis Paper Co.
stock,
between
by
Mr.
Brown.
The judge
The
its
The
*.
.
s
A Spokesman
nounced
for Simon
he would
E.. 8"beioff,
was
l7/ss
awarded
were
cn
a
Salomon
bid
of
99.461.
Other
bids
for
the
Diesel
cer¬
Bros.
& Hulzler 99 23. Harriman Ripley
(jointly), 99.1745; Harris, Hall & Co.
.
Certificates
railroad
will
equipment,
issued
be
estimated
locomotives and 30
steel
to
to
provide
cost
for
new
$5,390,033,
standard-guage
coisi^ting
baggage cars.—V. 170,
Eversharp, Inc.—Straus Resigns
c
,
.<
■■■.
attorney
for
appeal Judge Coleman's order,—V.
L.
Martin
costs of
.
.
as
the
Mr.
Brown,
170, p, 1393.
an¬
Straus,
II,
on
Oct.
Chairman of the Board of
ment:
-.<*j
-
.
at
Inc. and Lehman Brothers
p.
of
28
1293.
said
approval of the proposal by stockholders. <
Judge Coleman directed Mr. Brown to pay the court
'
were
serial equipment trust certifi¬
(Inc.) 99.06.
Eastern
require
suit/
issue
tificates
& Co.,
had
the proposal was not
in violation of the laws of the State of Maryland and that, under the
corporate laws of Maryland, the charter of Eastern States did not
also
Offered-^
Oct. 11
Mullaney, Wells & Co.
an
Coleman's order said the court had determined there was no
or
misrepresentation in connection with the exchange of stock
charged
$4,300,000 lT/s%
on
Pollock
Judge
fraud
Certificates
Co.; A. B. Becker & Co. Inc.; Otis & Co.; L. F. Rothschild
& Co.; First of Michigan Corp,; Freeman & Co.; Wm. E.
& Co. Inc.; McMaster Hutchinson & Co.; and
-,s
Signed Dismissing Suit-
holder
Trust
plan, were reoffered, subject to ICC authorization, at
prices to yield from 1.20% to 2.20%, according to matur¬
ity. Associated in the offering were R. W. Pressprich &
products.
Judge William C. Coleman in Baltimore Court signed
7 dismissing legal action against the corporation and
•: •. "A " 'y. *■/•£
'•
•' •" .V,
Brown
Equipment
—
cates, due $430,000 annually Oct. 15, 1950 to 1959, inclu^
sive.
The certificates,
issued under the Philadelphia
"Modern
Vy'vV'. A
States Corp.—Order
RR.
awarded
Manager of the
Vice-President of Eagle-
States
as
.•.).
$2,442,190
1081.
Halsey, Stuart & Co. Inc. and associates
General
and
1560.
p.
directors.
,
also
170,
4
$2,928,860
p-.—*
.
and
Eastern
common
See
**'4 *+
income'
Net
—V.
Vice-President
of
the
organization
publishing
it,
Magazines of Industry, Inc., of New York.
In addition to paints and pigments, the Eagle-Picher Co, produces
mineral
wool insulation,
aluminum storm windows and doors, and
the company's working capital,
additional
income
deductions
Income
Appointment—
been
and
paint
Industry,"
respecting the advisability
1, 1949, the board of
an
9,422
-ft
its
Oct.
.
$2,919,437
(net)
sale
1393.
company's
if
share
operating revenue-
Other income
offer
$15,000,000 of first mortgage bonds, series
Proceeds of the financing would be used for general
bidding
1379.
Harwood
care
up
Dividend Omission—
is necessary before
.
the
witlji
employees.
Erie
Vice-President, on Oct. 1 further stated:
improvement in market conditions in the past few
the board has felt that a further look into the
of the
of
compared
meeting.
The 1949
$80,000,100
tor
Bond
&
'
"regarded
was
11
Dec.
Eagle-Picher
Executive
been
value
share,
this'company, submitted
under Section 11(e) of the Public
Utility Holding Company Act of 1935.
Under
the
terms
of
the
plan as amended
and
approved
by the
Commission, Electric Bond & Share _Co: will receive in exchange for
its present holdings In American: Power & Light Co. common stock of
purposes,
including payment oI a portion of the cost of
construction program,
and to repay short-term bank loans ob¬
for construction. Bids will be received up to Oct. 18.—V. 170,
its
$193.46
payment of an October dividend.
B.
mark/t
a
corporate
v
payment
think it wise to encroach further
"There
electric
utility
accordance
1949)
1948
-
purchase
will
it
vicinity
170, p. 592.
competitive
due
price declines experienced generally by the tetxtile industry have had
their full effect on the company's operations in the latter part of the
second quarter and in the third quarter.
As a result of this situation,
cn
Sept. 9, the company had already distributed in dividends more
than its current earnings to that date.
Accordingly, the board did
R.
it3
annual
earnings
estimated
change Commission has
joint Plan (as amended
Duquesne Light Co.—Financing Approved—
The
into account the fact that the company had already
plant
improvements
during
1949
about
$1,200,000
in
excess
of current depreciation provision and. further, that the com¬
pany
is committed
to similar excess expenditures of approximately
$350,000 to be paid before the end of the year.
Curtailed demand and
for
all
of
the
Plan
"Stand-by" Site—
announced
the purchase on Oct. 4.
said
and
disbursed.—V.
on
not
for
Mr.
than
of
In
took
expended
stock
Oct.
payable
share,
other
In
of
d'spose
stated.
annual:
pany
tained
liquidating
a
River Mills, Inc.—Explains
Dan
the
$31.48
1948
earned
stockholders,
$259,000
which,
76%
file
This compares with
408,645
882.
p.
to
payment
p.
for
stock¬
some
'
per share. The sum of $180,000 which has been held
of any incidental charges resulting irom liquidation
not
along
property
per
Board/died in Milwaukee, Wis.,
v:-:. •//;.;cV.v - ;
A;
paid
1949
share
a
./>
asserted.
pany's
per
54,542
on
The directors
.
Co., Huntsville, Ala.—$193.46 Dividend—
cn
that
to
the
valuation
will produce income of
The
21.
1949
-
possible future chemical production."
The company took options on the tract
ago.—V. 170, p. 1292.
: 4,611,462
553,087
to
proposes
scheduled
"great majority"
Share expects to receive securities with a current market
$16,000,000 for its holdings In American Power & Light Co.
dissolution
plan is approved by
the
courts,
Mr.
the
plan
quarterly
$335,607
officials
Dow
the
p.
Dallas Mfg.
been
the
&
Caider
preferred
for
a trustee of the Northwestern Mutual Life Insurance
director of the Milwaukee Marine National Exchange Bank
the 3ucyrus-Erie Co.—V.
be
has
American's
Power,
302.
company
land
•
al^o
was
Co., and
orders
of
Caider
"so
209,880
company
plan
dividends
p.
170,
directors authorized
the
''"V.
of
estimated
to
electric
Bond
of
as
the regular
5%"cumulative
the
report
has
value
Drewrys Ltd., U.S.A., Inc.—Dividend Increased—
3,923,606
;
Chairman of
Bacon,
would
its wholly-owned
service
and
consulting
subsidiary,
earnings are at the late of $2,000,000 annually.
1949-1952.
when
total
a
™_i.
Preferred
Cutler-Hammer, Inc.—Chairman Dies—
Frank
Act
and prospects of subsidiary companies in- the Eond &
system.' Continued growth was forecast for Ebasco Services,
currently has a backlog of $233,000,000 of uncompleted contracts
the
of
N.
1947
2,329,884
,
amount
time
includes
Inc.
Maintenance
1948
4,519,474
-
-t
Share
told
exemption
operation
which
(W. L.) Douglas Shoe Co.—Earnings—
6-Months Ended June 30—*
of
4,034,169
—
'
be
for
there
While
5,250,358
Chairman,
13.
plan
company's
Caider stated,
in favor of it.
&
market
a
"
stockholders
stock,
control."
in
be
dividend
well
as
on
stated,
current
Share
plan.
company
Mr. D'Ambrogio
present preferred
the
there
Dow Chemical Co,—Buys
4,473,630
Jill
170, p. 981.
the
stockholders
the
cents
53
Services,
plans
company
stock,
of
they
plan,
shares
7'/2
Operating loss after charges_-_i.-_w£.»^-;$441,597
Federal taxes refundable™—^—
-105,990
1947
837,053
Country
Holiday
that
its
on
Caider,
.
Caider
So.
was.
The
V
share
a
E.
the
currently
at
Share's
&
with
pare
CIRCULATIONS
.1949
Journal™
Home
Curtis
exception of Its holclngs in American
United Gas Corp. and Ebasco Services, Inc.
informed
assets
$2,500,000
$50,311,915 $49,710,692 $46,555,748
AVERAGE
1949.
to
appear
includes
Bond
fund
_
$31,390,408 $30,611,411 $29,117,165
11,834,768
12,966,373 13,286,789
4,900,372
4,589,556
3,442,121
2,186,366
1,543,352
709,674
™___
made
holdings in American & Foreign Power, he added, but it is
anticipated, that such a valuation could be realized by the sale
Foreign Power's securities at this time.
>.,J
Whose
received
under
happens,
committee's
—V.
1948
voting
or
was
1949—9 Mos.—1948
annual meeting Oct.
Utility Holding Company
share
a
estimate
Greene, President, said that the dividend on the class A
justified in view.of tho increased earnings df the company,
but it is not to be construed as establishing a regular dividend policy.
It is hoped, he said, that dividends, at the rate of 10 cent3 semi-an¬
nually can be paid in the future.
^ '■
A-;/
/
The directors also approved
an amendment
of the company's by¬
laws providing for. holding the. annual meeting in June as was done
prior to 1946 < Next annual meeting was set for the third Tuesday in
June, 1950.—V. 169, p. 2102.
stock
ADVERTISING SALES
Post..
Journal
Gentleman
™
disclosed
Power Co.,
Caider
$26.95
V;:,v.
15-year
of
the
common
than
what
directors
on
stock, both
k,
1949
has
accrued
the hold¬
to
$6,412,136 $54,263,516 $54,250,719
about 52 cents
shares in
the
plan, Bond
investments, with
company's
$2,856,809
also
shareholders
brief,
-
1949
,
hearing before the SEC.
opposition to the plan, Mr.
Under
689.
p.
securities
the
more
matter
no
The
Curtis Publishing: Co.—Advertising Sales, etc.—
GROSS
interest
unpaid
Inc.—September Sales Up—
* ■;
common
Public
the
its
of
1949—2 Mos.—1948
$1,578,371
City National E<ank & Trust Co.,
valuable
more
dividend
Secretary, and Hetkin, Jervis & Hetkin
,
21,
1949—Month—1948
.
...
......
the
Nov.
on
,
beneficial
of
New
of
1189.
p.
early
an
holder
of
for
fund,
1,
the
this
In
be
share
$3.26
The protective committee," formed to represent holders of the first
mortgage 3,/4%#i5%i hoods due; 1950, has asked such bondholders to^
advise the committee's secretary-of their names,
addresses and the
amount of bonds-oSme*"by them so that they may report developments
in conection with ehe-'«pproaching maturity of these bonds.
The committee is comprised of James A.
Heaney, jr. (Chairman),
Frank Fox and John H.~N. Potter, with Michael Langford (1270 Sixth
.
170,
1081.
p.
Caider
more
spective Committee Formed—
'
.
of
1949
21,
Bank
Oct. 24, "1949 of preferred shares
shares. A similar distribution
on
company expects to earn
Mr.
&
Domestic Credit Gorp^-Initial Common Dividend—
i^^COnri^& Remsen Bldgi: Corp,, Brooklyn, N. Y.—Pro¬
!
m.
stockholders at the company's
shares of
new
common
stocky in contrast with the
which would result in 422,640 sharea of common stock. (San Francisco
"Chronicle/*)—V. 170, p. 104.
item -appearing in the "Chronicle" of Aug. 15, 1949, page 592 is
j^*i*>arrar. Lloyd- F. Thanhouser was elected General Counsel of' Conti><rr
nenfarVvOfleo, mot Continental Can Co.,' Inc.).—V. 170, p. 592,!
» f.
>/ • V V"'I/
'.'v/V
\V;'
6 Months Ended June 30—
p.
$6,488,712
outstanding
having patents in
dry-cleaning equip¬
scope,
;/
stock
Under
,
as
share
of
tenders
Oct.
City
—
Arthur
Y.)
than
Electric Bond & Share Co.
Expects 1949 Net Only
Slightly Below 1948—Plan for Exemption from Utility
Holding Act Will Get Early Hearing Before SEC—
has
matters
has called
Chicago,
holders
that
^^inental Can Co., Inc.—Correction— ^ 1
N.
3
j..,
Mr.
common
Present
vi
Ave., New Yorte?"«0;
as Counsel.
later
were
shares,
National
account
on
dividends, which will be paid
Edison Bros. Stores,
suc¬
Powers
1949—Month—1948
sinking
due
St.,
for.
would
$4,7,77,531
_
:—$3.34
share
preferred
per
Period End. Sept. 30—
1941,
Mr.
.
the
made
new
call
.-m.;;,,;
170, p. 785i
not
The
or
ohare were
mailed
per
tenders
certificate for preferred
Sales
minority group of stockholders opposed to the company's proposed
plan of recapitalization on- Oct. 5 announced a plan of their own.
N. J. D'Ambrogio,
Chairman of the minority group, said the new
plan would give present holders of junior securities IV2 shares of
<3*201,947 *
-
'■ -^!.■■■
■
jn'h.d
of
Preferred
however,
85,087
88,189
from the postwar res, to the inc. acct.
."v
1949.
delivered
be
at
rejection)
10,
instalment
an
previous quarters.—V.
In
l,6Q3,772v-'1,612414
'Other deductions
$1.25
as
record
trust
in
Dohrmann Commercial Co.—Comniittee Presents Plan
$6,272,785
Other income
of
ers
A
$5,834,316
438,469
income
of
be
are
Operating
must
tenuereu
(or
Oct.
'
of
declared
cumulative
Corp.—September Sales Lower— i'
corporation
LaSalle
r; 6,304,022
;
tnose
01
on
: ■;..
dividend
A
were
It
70%
accepted,
were
been
the
for
and
Maryland Trust Co., Baltimore
by
attorney
He,formeriy was Secretary, and
Treasurer.
as
financial
on
981.
debenturess
,
1949
$48,391,820 $46,981,367
30,630,569
31,467,319
3,516,434
3,375,710
.
revenues
Operating expenses
Depreciation and amortization-
•
who
E.
p.
account
1948
Taxes y
-
,
refunds
tax
15,745 Preferred
7
Share's
ACCOUNT
INCOME
Eight Months Ended Aug. 31— %—
•
,
railroad
the
excise
to
Dodge Manufacturing Corp.—Partial Redemption—
at
CONSOLIDATED
£
taxes
$1,423,654
—V.
intended, if and when market conditions permit, that'
outstanding first
refunding mortgage bonds
will be
the holders' option for new bonds issued under the
amended mortgage, or will be retired with the proceeds of such new
bonds.
A special
meeting is being called at this time because the
exchange or refunding of presently outstanding bonds may be made
practicable by expected market conaitior.s during the next few months.
'
in
Period End. Sept. 30—
it is
presently
*•-
Some
Secretary-Treasurer.
Sales
The
exchanged
••
1946:
$1,039,255
Diana Stores
changes,
•
to
Oct.
cn
Notices-of-acceptance
York.
present
Jr., President of the company, stated that these
facilitate the company's bond financing for a number
Schmidt
Gros3
com¬
Schmidt,
should
Total
solvency.
and
share
per
accepted.
com¬
action
court
trust)
by Maryland Trust Co.
ment
and chemicals.
The company
and Hooker Electrochemical Co.
owns
Hooker-Detrex, Inc., which operates a trichlorethylene
manufacturing plant at Tacoma,- Wash., and is building another manu¬
facturing plant at Ashtabula, Ohio,
which, it is expected, will be
placed in operation nearly in 1950.
years.
the*
$77.90
Appeals,
jointly
^.ir,,,.......v
proposal also includes elimination of a restriction in the mort¬
wnicn requires bonds to malture not later than Feb. 1, 1999.
Mr.
to
handed
corporation, which is international in
17 foreign countries, manufactures industrial
The
William
checks
The
1935.
This
being asked to approve an amendment of the
the above limitation, and to authorize the com¬
pany
issue additional first refunding mortgage bonds from time
to time as needed, and as specifically approved in eacn instance by
the
board
of directors, provided the total amount of such bonds
outstanding at any one time shall not exceed $200,000,000.
steps
bankruptcy in
(a
accepted tenders of 15,745
preferred shares at the aggregate purchase price of $1,199,733.03 or an
average price of $76.20 per share.
All shares tenderea at, prices below
petitions
the
corporation
-
5
Corp., Detroit, Mich.—New Secretary-Treas.—
consultant
as
Stockholders; are
mortgage removing
gage
This
directors.
mortgage
$24,000,000 now
into
1942 and
Allison,
elected
ceeds Gerald
bonds
which
the
company
estimates
will
be
required
(in acditior. to the proceeds of stock financing and other
funds) to finance the construction program now in view, will exceed
reiund.ng
went
additional
W.
been
first
of
12
supervision
court
the Tenth Circuit Court of
attorneys—represented income
Dctrex
much smaller,
was
of
years
Oct.
road
—V.
E,
created
was
14
the
$3,239,414
in unpaid taxes plus $890,134 In interest.
A.further refund of $72,619
is to be made to the Denver & Salt Lake Western
RR., former sub¬
sidiary and now a part of the D. & R. G.—V. 170, p. 1392.
provides that not more than $100,000,000
refunding mortgage bonds can be outstanding at any one time.
$76,000,000 of these bonds are now outstanding, leaving only
company
of
which
Phillips of
payments—four
an
,
mortgage,
concluded
to
Eastern Sugar Associates—To Retire
Shares—Declares $1.25 Dividend—
V
overpaid and, in other
instances, the government over-taxed. The money returned represented
the difference between actual obligations and tae amounts
paid.
The railroad overpaid taxes to a total of $6,774,632 and was entitled
'
to
paid
were
-,
<
.
(1493)
which
railroad
needs.
The
which
Orie L.
between
years
Power Co. of Bait.
mortgage
legal action
$3,684,339
>,
£
.
The
special meeting of stockholders for Nov. 17
refunding mortgage, so that bonds may
a
totaling
Judge
Federal
same
Bankruptcy—
pleted its reorganization and return
week
corresponding
5.5%.
gas" in the
of
the
for
CHRONICLE
railroad.
The
1949,
9,
kwh.
199,000,000
increase
an
Oct.
FINANCIAL
sitting in Federal District Court, approved
two
railroad
ending the last known matters pending in reorganization of
that local distribution of
amounted to 209,900,000,
announced
12
ended
feet, compared with 978,200,000 cubic ieet in the same
preceding year, a decrease of 9.7% .—V. 170, p. 1392.
the
the
Chief
pany.
This
of
refunds
brief
a
of
v.
Consolidated Edison Co. of New York, Inc.—Output—
electricity
&
Denver & Rio Grande Western RR.—Gets Tax Refund
—Ends 14 Years of
redemption on Nov. 1, next, at 100
$60,000 of iirst and general mortgage 3% series
for
called
COMMERCIAL
"Since
13
as
Chairman—
announced
Directors.
that
he
had
resigned
He issued the following state¬
••
it
differences
has
become
within
the
evident
board
of
that
a
directors
contini>a%on
can
resu:t
of
only
the
in
present
further
6
THE
(1494)
-
the final outcome,"—V.
this will be
that
hope
to
,1
cause
Three
of
Family Finance Corp. (& Subs.)—EarningsGross
shall be entitled to receive only their pro rata share
proceeds of such sale,
without interest, upon surrender
on
Operating income
"Operating
Income
136,335
$10,399,662
$9,035,027
5,483,382
_——
expenses
.—J
6,031,985
iU
—
$4,317,677
operations-.—^—Z—
from
Other income
$9,171,362
166,648
income.,——
investment certificates
$3,551,645
3,457
5,527
——.
the
net
(prior to Dec.
reason of such scrip
share interests.
■ .'X
and
On
■"«
for
i rov.
Federal
and
income
State
773,285
1,376,358
taxes.
after
Dec.
1957,
shall
escheat
share
interests
Commonwealth
the
to
Net
income
Dividends on
fctock
cash)
(100% )
dividend
Common
1950.
year
of
Pennsylvania.
effective
of
the
be
as
per
share
common
I
,
FINANCIAL STATEMENTS,
r.'
•
Cash
'
JUNE 30,
Premiums
$1.58
ASSET3—
'
First
484,684
,460,787
274,524
320,553
Other
charges
assets
—-———
——
—
;
Federal
and
income
State
taxes,
1962
1,
79,045
1——
620,100
'-6,000,000
——i—
Net
surplus
Earned surplus ——r—a———i—r--Ta.
3,549,370
3,002,082
$57,456,301 $50,694,354
and
employees
companies.
1,071,68814
per share).—V. 169,
$1,831/3
the
crease
to
Association of
stockholders
The
and
Reliance
•Co.
and
capital
Co.
Insurance
Instead
VO-llVo
tionus
only
an
the
of
declared
after
as
also
proposed 20%
the
merger,
of
vote
Nov.
17
values
general
and
which
have
balancing
the
65c
a
quarterly dividend
basis
to
share.
beginning
final
of
case
"In
Fire
a
*
in
•
steps
would
26.9%
9,6%. for
these
will
for
the
Reliance,
28
benefits
•
three
the
the
mately
operation."
The
the
been
benefits
merger
part
<a> Each outstanding share of Fire
share of
one
corporation
effective
the surviving
will
date
Association
«hare
as
cause
to
issued
as
(as
and, in
soon
of
Shares
of
Association
not
35.000
685,465
109,052
75,286
49,598
Gross
$2,647,100
Incomes
Oct.
on
declared
12
of
dividend
extra
an
JO
4%
cents
cents
45 cents
from
the
shall
is
continue
to
after
of
common
stock
The
distribution
except shares
be converted into .486 of
owned
a
stock
the
for
1949,
year
Co.,
compared
as
would
the
sale
166, p.
shares,
fractional
Pittsburgh,
who
such
be
of
sum
be
to
has
Pa.,
entitled
such
the
will
be
with
of
any
or
the
other
Lumbermen's
become
or
be
constituent
shall
converted
be
corporations
extinguished
into
shares
of
owned
and
the
by
canceled
surviving
1948
1947
194G
$1,339,968
13,089
$1,233,287
$449,282
21,491
26,096
27,248
$726,054
$1,353,057
$1,259,383
$476,531
97,955
62,736
51,891
38,665
260,933
483,721
460,575
158,017
$811,601
$746,916
$279,849
209,250
418,500
209,250
418,500
209,250
418,500
418,500
share.$0.87
$1.93
$1.78
$0.8(5
S.
U.
and
)■
.
taxes-.-
.
paid
—
com.
209,250
1949
30,
to
directed
such
fractions
distributed
fractions
and
to
(at
for
Interest
Not
1
—
products
and
to
sell
the
the
$4,677,822;
General Box Co. (& Subs.).—Earnings—
from
depreciation—.—
89,803
doubtful
and
notes
—
earnings
before
'
$2,911,470
389,105.
4%
common
xEarned
per
stock
preferred
stock
241,267
/
A
share..,
common
CONDENSED CONSOLIDATED
visions for
514,006;
ment
$5,488,899;
BALANCE
doubtful
notes
prepaid taxes,
in
and
notes
and
notes
SHEET,
JUNE
30.
and
accounts),
insurance and
receivable
from
$16,506,571inventories,
other expenses,
Fruehauf
,$148,627;
cost,
$273,251;
miscellaneous
plant
and «equipment
property,
amortization
of
$6,143,484),
pro¬
3%
(after
and
accrued
Federal
taxes
on
depreciation
income,
170,
p.
1394.
'
"
"
*
"
"
~ " C:'
~'
-v.,':V i':- 0
.
•'
electric
output
amounted
from
,
model equipped with a powerful pump which,
approximately two minutes has also been an¬
AW-052, it carries a recommended price of
to
•
: A-
V/.;
•,
•••>.'
>
K
>.>• ?
'4
V •'
Utilities Corp.—Weekly, Output—
this
of
corporation
97,501,187
the corresponding
(Including
Period End. Aue. 31—
and
for
the
week
ended
Oct,
7.
decrease of 2,988,127 k*h., or
kwh^«
week of last year.—V.
,
-
Statesboro
170,
p.
1394.
$1,899,399
233,329
246,211
1,899,444
1,703,613:
$82,839
$49,941
6,638
6,472
53,104
51,776
8,094
69,118
57,340
oper.
expenses-
3%
sinking fund debentures due Aug. 1,' 1966
(including $400,000
sinking fund payment due July 31, 1949), $15,000,000; deferred finance
c
$316,168
Net rev.
from ry. oper
-
"1949—8 Mos.—1948
$1,934,331
revenue-
Railway
$2,718,978;
Ry.)
■
$296,152
oper.
■
Northern
-1949—Month—1948
Railway
$16,658,326;
$5 429,000;
expenses,
Wringer Washer—
a
Georgia & Florida RR.—Earnings—
investments,
total, $76,043,950.
LIABILITIES—Notes payable to banks, $9,000,000; accounts payable
and
$995,213
$32,-
Sales, Inc. (50%
consolidated (100%
accounts
$550,101
invest¬
Trailer
owned), $3,948,752; investments in subsidiaries not
at
$505,518;
25,059
621,969
the
as
:7-'.:-w."
•;
The
1949
(less
in
tub
General Public
$2.53
receivable
accounts
the
Known
'.
•f : -T-/-;
1949
ASSETS—Cash,
-
26,124
349,159
$80,687
washer
comparable
empty
''•••.Vv
607.978-
$1.09
39,070
53,954
297.
$109.95.—V.
246,590
1,215,956
—
17,763
$1,642,242
taxes
wringer washer carrying
new
will
$1,565,100".$31322,018
on
on
11,753
$925,384
recommended national retail price
of $99.95 has been put in production
by this company, it ha; been,
announced by C. E. Anderson, Manager of the home laundry equipment,
division. Designated the AW-051, the washer has a full to-the-floor
skirt finished in white, baked enamel, and a new adjustable wringer.
410,548
earnings
Dividends
8,133
T_J
income
p.
nounced.
Dividends
$1,624,474
....
$173,711
General Electric Co.—New
1,784,765
$1,565,100
income—
for
112,051
$913,631
''
.i
.
—
charges
170,
A
111,004
302,637;
954,527
....
i
non-recurring
(net)
income
—V.
38,024,383
92,045
recovs.
—
income
on
Non-recurring
35,506,054
-..
Consolidated income
40,423
selling,
less
accts.,
expense
taxes
and
expenses
4 ■ Vv'»)
income,-
Provision
1947
$1,736,525
115,196
depreciation—..—$165,575
after
income
Other
1948
$38,092,272 $42,741,252
238,283
439,057
•'
1948
$1,028,826
1049
$312,648
147,073
operations
for
Profit
$38,420,363 $43,220,732
sold
total*
$8,476,758;
business,
the
in
invested for use
168, p. 1042.
earnings
6 Months Ended June 30—
Subs.)—Earnings—
;
and trade marks, $1; deferred charges
total, $13,191,711.
patents
net
shareholders
1949
general
prior
reserve
of
Other
service
and
due
(after
$1,041,617; expense advances, $3,366;
cost or market), $4,377,187; invest¬
property
(after reserves for depreciation of
olant
$116,612;
Profit
——;
bonds,
receivable
of $88,619),
lower of average
$13,191,711.—V,
National
cau;e
such
to
rata
pro
Canada
of
accounts
$15,000;
cost),
(at
due
during 1949), $1,980,817; common stock, $1 par value, $418,500;
stockholders' investment in excess of par value of common stock, $856,-
cents
behalf
on
Dominion
$2,612,025;
1950
doubtful accounts
payable, $283,666; U. S. and Canada income
taxes, $677,126; accrued salaries and wages, commissions, etc., $311,937; accrued miscellaneous taxes, $182,9)9; notes payable to banks, due
in instalments from Dec. 31, 1949 to Dec. 31. 1956 (including $150,000
made
60
First
Peoples
been
I
income
Federal
;
$2.86
LIABILITIES—Accounts
above.
revenue
of
Prov.
j
266,044
$2.64
(insurance, advertising supplies, etc.), $348,081;
extra-
an
1354.
Inc.,
administrative
be
by
$948,424
266,044
1949
shrs.- outsdg.—.
June
988;
distributing
income
Total
Cost
share of
$366,692
$2.50
$704,562
—
-----
inc.
per
ments,
1948.
————
owned)—
Reliance,
—
$367,165
for
$5,132,878;
by the company on the 'open- market
treasury. This will make a total of* 70 cents in
sales
Other
the
16,495
266,044
credits
ASSETS—Cash,
to
for
efficiency
practical
„
CONSOLIDATED BALANCE SHEET AT JUNE 30,
usual quarterly cash
stock, all payable Oct.
the
addition, the surviving
as
Crl5,210
shares
income
Earns,
per
purchased
its
in
in
and
the
on
14.
Oct.
dividend,
stoclt
4%
a
share
per
share
per
record
in
declared
4
Fruehauf Trailer Co. (&
have
,
16.495
______
16,495
charges
Common
Co.—4% StockjDistribution, Etc.—
Oct.
on
of
Bowser,
Finance
will
profit
Canada
$2,451,042. $1,633,680
Six Months Ended June 30—
Net
by 25.5% in the
for Philadelphia
at
as
estate—_
$923,135
income
Total
results:.
70,112;
Cr32,000s
——-
—5,424
share———
income
Net
representing
See
-
affiliates
real
.
53,000
—
interests—
purchase price
Brooks Brothers
v
$3.95
outstanding share of Lumbermen's, except shares owned
tiy Fire Association, shall become and be converted into 1.479 shares of
the surviving corporation.
<d) Each outstanding share of Philadelphia National,
except shares
owned by Lumbermen's, shall become and
be converted into .353 of
■a share of the
surviving corporation.
shall
60.000
2,000)
Drl,837
50,000
Other
Fosteria Screw Co., Inc., Fosteria, Ind.—Formed—
on
of
to
Each
Fire
612,3801
tax—
•
surviving corporation.
»nd
599,000
153, p. 1693.
Provision
of the merger) to the holders of whole shares
of Fire
of Dec. 31, 1949, additional shares (represented
by whole
and scrip) to the extent necessary to increase their
_
<e)
Dr 646
70,000
1949 $11,880,326
shares
cash.—V.
in
certificates
<c)
Dr6,492
accts.
shareholders
follows;
Association
corporation;
be
foldings by 20.77%,
<b) Each outstanding share of
Fire Association, shall become and
the
147,827
299,899
Trust
&
Net
in
12,521.
539,000
of
of
common
Operating
5,897
11,914
of
15
proceeds of
-
resulting
23,499
Dr9,962
.
agreement provides
1,772
42,171
(The) Garlock Packing Co. (& Subs.)—Earnings—
1189.
paid
lieu
shares
by
outstanding capital stock of Reliance is 100,000
par $10 each; of Lumbermen's,
40,000 shares, par $25 each;,
Philadelphia National, 100,000 shares, par $10 each.
Of
The
definite
118,953
Drl9,919
accr
held
and
In
authorized and
shares,
and
but
431,271
Dr22,091
other
of
now
Bank
disadvantage which their present capital struc¬
ultimately have imposed and their stockholders will share
of the strengthened continuing parent
company.
The
and surplus of Fire Association by merger will be expanded
amount of
approximately $4,500,000.
Also there should ulti¬
moderate
84,191
surtax
6 Mos. End. June 30—
sold-
securs.
the
cash
in
competitive
accrue
64,003
holders
of
cash
}
smaller
104,291
94,507
securs.
directors
to
and
per
1950
following
31.4%
Lumbermen's.
165,741
107,448
dividend
out
Estimates
share
1950.
to stockholders
increased
252,508
517,962
income-
Association
.
have
income
be
89,170
77
72,679
$1,534,009
taxes
dividend
in¬
benefits
capital
The
cash
in this
This not
of $2.60
for
$2,303,190
the
capital
ot
per
inventories
merger
have
—V.
Fort Pitt Brewing
would
the
in
Association,
and
addition- to
avoided
ture
in
these
holdings resulting therefrom
National,
in
of
with present dividend return,
Fire
■
-
.
"Consummation
Compared
of
Increased
issued
place
indicate that the contemplated yearly dividend rate
will be supported by projected investment income
per
would
been
afterwards.
rather than
prevailing,
129,977
.
income
Number
the usual quarterly dividend of 15 cents per share on the
stock, both payable Nov. 1 to holders ot record Oct. 20.
Extra
distributions of 10 cents per share were made in each of three pre-;
ceding quarters of this year.
This makes a total of $1.35 per share
paid or payable in 1949, the same as paid in 1948.—V. 170, p. 303,
in his letter states in part that it is
predicated upon the earnings of the
conditions
trust
common
'i '
Thomas, President,
"management's present intent,
119,082
:
and
tax
excess
sale
on
and
share
the companies will participate
merger
H.
company
*tock on
$4,371,691
$2,374,253
in
170, p.
\
$3,400,0C0.
even
$6,237,804
1948— $10,122,835
1,667,885
profit
The directors
Insurance
stockholders
approving the
on
dividend
stock
exchange
the
Lumbermen's
The
Philadelphia.
simplifies procedure but permits
Frank
$7,553,600
Gain
Dividends
(all outstanding)
this Association;
between
Co.
to
proposal
a
$2,400,000
merger
Philadelphia,
of
Association of
incident
an
from
of
that stockholders of all
so
approving
on
National Insurance
three last-named firms will
into Fire
stock
agreement
an
Philadelphia
with and
17
of
1,000,000
Foote Bros. Gear & Machine Corp.—Extra Dividend—
'
2751.
Nov.
207,046
1,633,680
$40,065,901
paid
inc.
-V.
Philadelphia—Proposed Merger—
will vote
authorized
$3,600,000,
1,000,000
2,451,042
31,
Surplus June 30,
of
Fedders-Quigan Corp.—Secondary Offering—A sec¬
ondary offering of 60,000 shares of compnon stock (par
$1) was made Oct. 13 by Allen & Co., at $14% per share.Dealer's discount, $1.—V. 170, p. 1393.
\
^
Eire
16,928,742
250,590
—
stocks
Provision
■-*
The
1,000,000
2,647,100
!——
from
Fed.
-.
p.
deed
?
■
18,509.859
—
equity in net assets
of acquisition—,
Earned
apprec.
Dividends
Family Finance Corp. and
(Outstanding in 1949, 1,144,102XU shares and
(495,899% shares carried at stated value of
1948,
2,400,000
—
Gain
2,387,852
Total
subsidiary
-
from
2,853,997
—————
officers
244,694
359,387
11,880,326
——
owned
49,179
are
$18,767,375
18,232,672
:
estate
—
Columbia
of
cap.
over
dates
241,770
1,795,823
I.
Gain
4,116,600
1,484,933
"Members
of
exps.,
stock
investment
Net
6,000,000
10,765,302
12,088,205
————
60,518
Paid-in
Amortiz.
246.684
.
liabils.
other
Underwriting
544,409
1,557,352
in
commis.,
Surplus Dec.
471,736
5,687,750
par
214,599
admin.
mortgage
on
of
38,349
RECONCILIATION—
367,514i
value—value——-~
stock of $1
real
on
normal
Net
1,090,792
368,072
for
contingencies
preference stock of $50 par
4V2%
«■
215,397
$20,264,415 $20,485,206
selling,
Contingency reserve
Applicable to minority
$1,246,633
394,414
&
J
•'
215,246
depreciation
District
$4,371,691
$1,994,613
$2,991,919
593,766
Capital
183,536
406,970
Reserve
tCommon
Interest
for
Other interest
8,301
$6,237,804
$7,553,600
643,361
Total
1,402.345
etc
certificates—contra
sold,
goods
Interest
28,032
55,968
4,014,425
taxes
1,532,522
$20,049,169 $20,269,808 $18,552,775
revenue
general expenses
Provision
22,336
■
$40,065,901
_
1947
$20,135,298
1,595.454
-
and
-
of
and
8,389
15,209
122,757
1,418,100
premiums—_
Accrued
267,068
173,536
accrued interest, etc.——
"Amount due Security Bankers Thrift Club——
3J/2% 15-year subordinated sinking fund nctos
due Sept.
3,477,063
Perpetual policy depos._
Claims in proc. of adj.
$22,540,000 $20,378,500
payable,
Investment
5,058,381
depts.
(except
workrooms).
own
and
Total
SURPLUS
etc
Employees
(including officers)—
Dividends payable (paid July 1 each year)
Accounts
6,284,698
Co.
Cost
$19,331,965
X
commercial paper,
Banks,
414,526
.1,478,678
_
_
Unearned
payable—unsecured;
Notes
635,336
-
1948-
1,645,206
$471,801
,
$57,456,301 $50,694,354
—r—
LIABILITIES-?-
■
614,492
assets
Surplus
Total
$485,330
loans—
mortgage
Total
32,345,278
10,765,302
Deferred'
of Phila.
under 90 days
estate
of
Commissions from leased depts.
of
course
1949
-
J $21,694,375 $21,865,263
etc.—
——
(net)—————---
fixtures
and
-
$583,233
31,650,619
in
-
departments,
miscellaneous
Co.
$2,254,519
& offices
sales
tearoom
Insurance
LIABILITIES—
483,404
Furniture
$0.73
-I,::'/,
leased
of
Net
Phila.
National
Insur. Co.
1948
$6,511,464
monthly instalments
generally maturing within one year) (net)—
36,766,090
Term notes receivable—contra-—12,088,205
$259,505
$0.64
outstdg.
Garfinckel & Co.) Inc. (& Subs.)—Earnings
Federal
to contract in
according
35,712
1949
Insurance
Securities
(due
receivable
contracts
and
notes
182,264
4
3,141,228
Other
1949
$7,383,292
"
-
——
Instalment
shares
sales
net
Sales
Reliance
due
Real
Cash
((JuUus)
357,912
on
Years Ended July 31—
,
of Phila.
banks
in
collect,
JUNE 30
r
,
Lumbermen';s
ASSETS—
on
BALANCE SHEET,
CONSOLIDATED
$477,482
160,922
income taxes
—
share
per
170, p. 493.
Total
Association
notes and contracts receivable
and provision for depreciation of
iurniture and fixtures, etc.—1949, $79,839; 1943, $66,005.
for losses
$543,159;
"Including provision
$542,383;
1943.
194J
Earnings
—V.
calendar
,
r
-
the
Fire
1,071,688
1,144,102
$1-73
*
10,726
$228,897
Canadian
and
Income
Net
'
"
beginning of
t
CONDENSED
1,163,378
525,134
'
outstanding—
shares
L'arnings
—
stockholders
to common
U. S.
$466,756
14,110
—
'
shall
merger
$1,890,240
194,131
$2,173,561
197,168
1,319,709
—•*
——
preference Uk., series A (in
common stock (in cash)
on
-
whether
The
Dividends
$415,067
$429,178
income
income:
■
for
Prov.
evidences of fractional
vV.' "■ V•- hr''vv ■
fractional
all
*
1948
other
or
X
1,
1949
Depreciation
represented by scrip certificates, included in unexchanged shares ofthe constituent corporations, or otherwise, shall be null and void, and
li the- balance of the proceeds of the sale of stock provided for above
$3,555,102';
593,450
1.071,412
$4,323,204
Total *
certificates
by
This
Income charges •——i
Total
of their scrip certificates or other evidences of
and shall not be entitled to any other rights
1, 1957)
Aug. 31—
39,358
Miscellaneous
fractional share interests
.
——$10,566,310
operating
Interest
1948
I"49
Months Ended
operating profit before provision for U. S.
X and Canadian income taxes and depreciation
scrip certificates)
Years Ended June 30—
(& Subs.)—Earnings—
Net
nated by the directors), acting for and on behalf of the owners of all
such fractional share interests, all such shares of its stock so reserved
as
shall not have been issued in exchange for such fractional snare
interests and the owners of such fractional share interests (including
170, p. 397,
Co.
(Including Rockwood Sprinkler Co. and Eagle Signal Corp.)
practical after Dec. 1, 1950, the surviving corporation
to be sold for cash by an independent agent (to be desig¬
is
as
soon
will
Gamewell
;
As
Monday, October 17, 1949
corporation shall be issued after Nov. 30,
1950.
-
demonstrate whether it can give the company
competent management and carry on the business successfully,
"Both as a substantial stockholder and as one who has had the
continuous support and good will
of the stockholders, I sincerely
opportunity
FINANCIAL CHRONICLE
&
the surviving
of
certificates
litigation and an expensive proxy fight, largely at the expense of the
I have come to the conclusion that the proper course is
see to it that, as far as I am able to do so, the present board has
stockholders,
to
an
COMMERCIAL
$34,887
•
Railway tax accruals:
Advalorcm
revenue, $182,673; 4%
preferred stock, cumulative (par value $100 per
share), $11,979,500; common stock (par value $1 per share), $1,215,956;
capital paid
in by
stockholders in excess of par value of capital
stock, $11,059,718; earnings retained for use in the
business, $19,458,125; total, $76,043,950.—V, 170, p. 1393.
Federal
ing
Fed.
misc.
and
$195,786
r..£-y .J-1
ft
Railroad Tax¬
8,950
1937
Act
Railroad
,
Unem¬
ployment Insur. Act
of
746
704
5,698
19,905
oper. income
Equip, rents (net Dr>__
Joint facil. rents (net Dr )
$56,504
$34,671
"$13,033
$66,765
19,751
13,108
113.913
104,108
1,906
1.958
?
$44,848
1938
corporation.
1
Certificates
(including scrip certificates) of the constituent
tiohs other than
than
tion
whole share
shares of the
ciation
or
certificates
of Fire
Association
corpora-y
and
other
Furness, Withy & Co., Ltd.—"Queen of Bermuda" Car¬
other constituent corporations owned
by Fire Asso¬
may be surrendered to the surviving corpora¬
ries
1950, and, in lieu thereof, there shall be issued for
overhaui
Lumbermen's,
before Dec.
1,
«uch surrendered certificates to the
holders thereof, stock certificates
«f the surviving corporation for the
appropriate number of whole shares
of said surviving corporation and
scrip certificates in form approved
t)y the board of directors of the surviving corporation for the
appropri¬
ate fractional share
interest, if any. Scrip certificates may be com¬
bined
with
other
evidences of fractional share
Railway
40,000 Passengers—
When
the
"Queen
Oct.
on
persons had
service
After
sailings
p.
Furness
went
Lines
into
announced
drydock
that
for
more
been carried by the "Queen of Bermuda" in
since
this
Bermuda"
of
7,
"
the
luxury
overhaul,
from
New
her
than
the
annual
40,000
began her weekly runs last February.
"Queen"
will return
to
its regular weekly
the
on
Saturdays
beginning
Oct.
■
22.—V.
Gross
«crip)
aggregating one or more whole shares of stock of
corporation and may be surrendered prior to Dec.
1, 1950 in exchange
for a share certificate or certificates for
the appropriate number of
whole shares of the
surviving corporation and a new scrip certificate
for
the
remaining
fractional
share
interest,
if
any.
No
such
scrip
inc.
oper.
income
Deductions
—
...
712
$45,560
•
16,140
$19,604
,
15,396
"$222,342
"$53,483
2,327
.14.168
16,942
$21,931
"$208,174
"$36,541
,
r
income
219
215
1.858
1,807
to int.—
$45,341
$21,716
"$210,032
"838,348
from
170,
1294.
Surp.
interests
(including
the surviving
railway
Nonoperating income
Bermuda
liner
York
Ne
>
applic.
"Deficit.-
Gamble-Skosmo, Inc.—September Sales Decline—
Period End. Sept. 30—
Sales
—V.
1949—Month—1948
$10,566,741
170, p.
1393: ; C
•
■
-•
'■
.
■'
■*.
V) >...
'
; •
10 Days End. Sept. 30
1'*
$14,029,953 $91,619,329 $112,291,237
.
r
Period—
1949—9 Mos.—1948
'
1
*
x.
>
-'
Operating
•
—V.
p.
""
revenues
170,
1394.
1949
$68,115
1943
Jan. 1 to Sept
1
1949
$67,577
$2,149,728
'
-
1
30
1948
$2,116,177
Volume 170
Gibson
TBfc COMMERCIAL & FINANCIAL CHRONICLE
Number 4847
CONSOLIDATED
Refrigerator Co.—New Products Introduced—
This
and
New
product models, displays, national advertising and promotional materi¬
als were presented.
'' A
.(
New
products introduced included the Press-Toe refrigerator with
{ foot pedal opening and closing feature; the Touch-A-Tap refrigerator
with built-in drinking water supply; two new space making apartment
refrigerators with full length doors; new deluxe electric ranges with
concealed oven units located outside the oven itself;
automatic push
button ranges in the moderate price class and a new 10-cubic fopt
chest type home freezer with all modern f eatures—V. 168, p. 1042.
its 1950 line of refrigerators, ranges,
company's Southern distributors on Oct. 7,
revealed
company
freezers to
borne
-
the
!
■
ASSETS—
Cash on
■
BALANCE
securities
$2,719,667
4,600,485
4,615,122
1,721,830
_
1,848,832
5,110,114
1,200; 000
600,000
492,475
79,779
160,800
16,884,998
amortiz.)—
Accounts and other receivables (net)..
Inventories
♦Growing
:
1,200,000
600,000
616,449
283,998
1,131,615
17,308,493
—
_
Prepaid
rents, insurance, taxes, etc...—______
and contracts receivable (deferred)
Notes
'
investments
«
stockholders.—V.
170,
1394.
p.
Period End. Aug. 27—
*Net
earnings
tEarnings per
.
share—.
,
:
'i.
V
.
j
income
income
Deferred
for
materials
and
'After
all
tBaSed
depreciation, etc.
capital stock presently outstanding.
'
|
taxes,
2,061,229
10^87
397,635
291,736
11,024,535
supplies price decline
Reserves for retirement of plant assets
287,293
tCommon stock (no par value)
—11,137;035
Paid-in surplus
t
7.340,321
Ea#nedr Sufplus __L___'_;_'____
12,344,685
-.>■
the 525,582 shaves of
cn
Total
Retail sales for the three months to Aug. 27, 1949 were $33,935,899,
with $28,796,240 for the same three months of 1948, an
of
■<
Sales
—V.
170,
•.
,
•
Period End. Sept. 30—
V
-
Sales
_
bf
-•
per
commbn
There
1394.
p.
1949—Month—1948
made
•
7,190)321'
/
10,676,845
Period End. Sept. 30—
*~V. 170, p. 1032
,
1949—Month—1948
$6,279,675
•—
y.;rK?
v :
4
:
•* -
v
-
'"-y '
'
Gulf OirCorp.—W. Lr Mellon Dies—
;
William Larimef-Mellon, "a" founder bf this corporation and its active
>
head for 45 years, died on Oct. 8 at his home in Pittsburgh,'Pa.', "after
a
brief illness.
He was 81 years old.*
On May 26, 1948, Mr. Mellon
.
retired
Chairman
as
director.—V.
f.
board,
'
"
1295.
p.
but
he
Approved—a'v;;
; The
shares
,
to
serve
as
stock. ($100
t issuance of the stock Oct.
dividend
the
of
i panies
used
-
rate.
$101
at
to
At
same
was
share.
a
with
Proceeds
1395.
a
group
the
of
of
sale
authorized
shares
new
VMr.
and
sales
:
'
income__-___—
other
shares
Report—
-V' V.
225,532
Prem.
debs,
en
ment
:
purchd, for
and amort,
*'
89,387
•
-
»
43,183
23,898
.8,077
less recoveries
san(?^ vfcxpenses^^i^>.-;«
8,87i
6,176
yr
Fed.
-
normal
Canadian
inc.
tax
Income
and
surtax.
12,235
1,575,000
♦Loss
73^500
124,000
Crll,621
.
7,301
;
Net
1
income
Reserve
for
inventories
renew
68,620
-
—
>
$2,384,658
$1,010,292
ioo.ooc
100,000
50,000
.
added
Divs, paid on
,
■
p
to
income^—.
pref.
conv.
$2,284,656
87,824
179,715
$2,170,615
83,926
stock
Divs. paid on common stock
J-.
Earnings per common share——
367,983
$13.35
.
$96.0,292
$15.66
$6.47
:
1
k
$5,234,253
;
499,296
.
Palm Beach
;
91,885
133,825
Conrad
"
5
to
\
CONSOLIDATED BALANCE SHEET, JUNE 30
(Including
Canadian
$i.2o
|
1948.
;
>.
•
"
<
•
1949 vy
,
U.
3.
;
Cost
Treasury
certificates of
accrued
interest)
"
and
Trade
notes
Inventories
and
.
;
.
and
other
603,750
905,906;
•
5,177,408
assets
Property, plant and equipment (net>)_A
Deferred charges -v.——
5,123,342
139,434
r
:
.
V-'.; 53,154
2,967,627
2,968,655
126,270
113,468
i
Total
4,544,162
4,557,092
.
—U $15,840,774 $15,234,934
•
-
,
due
Note
•
payable to bank by
Accounts
y
Adv.
accrued
wages,
payments
Federal
subsidiary-'—
$200,000
and
by
eust.
Canad.
payable
to
15-year 3%'A
skg.
fund
and
unfilled
on
taxes
banks
taxes
on
inc.
interest
orders-
(est.)
(net)
1,284,411
'
:
■
purchasers are Hilton Hotels-Corp.. C. N. Hilton personally and
Henry Crown; Chairman of the board of directors of Material
Corp..'"'Chicago.
With the Waldorf in the fold, Hilton now
has in his hotel empire 13 hotels with more than 12,000 rooms.
The purchasing group has bought from eight individual stockholders
for approximately $3,000,000, a total of 250,000 shares, about 68%
of
the 366,380 outstanding common shares off Hotel Waldorf-Astoria Corp.
That concern operates the hotel property under lease from New York
State Realty & Terminal Co., a subsidiary of the New. York Central
RR.
and
the New York,
New Haven & Hartford RR.
The realty
company owns the hotel - building and the land on which it stands.
In
addition to common stock, Hotel Waldorf-Astoria Corp. has outCol.-
standing approximately $6,000,000 of 5% debentures in 1954.
The present Waldorf-Astoria, finished in 1931, covers 81,337 square
feet. ..Having 47 stories with twin
towers reaching to a maximum
1960—
2,081,000
for
industrial^insurance,——__—
100,000
Reserves
for
future
'■
general
inventory
contingencies
$5 convertible preference
!
(stated
value
stock
Common
Capital
$100
(par
surplus
Earned
adjustment
par
$1
per
,
'
•
375,000
1,690,800
156,342
1,713,100
share)
A
surplus
»
^ 5,819; 180
;
■J
■
81,910
4,479.216
169,
p.;
v
*
The
"—v.
Oct.
on
declared
7
a
dividend of 60 cents per share,
p.
1007.
Hawaiian PiKOapvle Co., Ltd.—Annual Report—
CONSOLIDATED INCOME ACCOUNT
Fiscal Years Ended May 31—
s
Net
,
of
Gross
-
1949
-
1948
$52,719,472 $43,927,706
sales
38,782,863
—
profit
from
sales.—
Selling, general and administrative
33,311,202
$13,936,609 $10,616,504
6,546,274
Net
operating
profit____
$4,652,168
569,310
Miscellaneous revenue and other income______
701,916
the
late John A.
Total
income
Miscellaneous
Federal
Territorial
v
Net
$8,092,251
232,456
2,754,975
and other charges_____
taxes—_____________—_____
expense
income
income
tax___.
profit
Dividends paid :
:
.
*
.
,_
_______
—_—
Common. shares
_
1,811,046
222,878
,
a
$4,635,989
$2,927,658
2,954,876
2,003,184
1,484,938
1,469,938
outstanding at May 31___;
$3.12
$1.99
£hare.A___j___*
_i
!
NOTE—:*Hie^figures for the year ended May 31, 1948 include BarronGray Packing Co. for a 13-month period May 1, 1947 to May 31, 1948.
Earniiigs
per-
Net
taxes
"
'
,
Director—
-Earnings—
of
$500,000 "on
♦In
31—
on
694.
$872,100
330,000
income___
$542,100
dividends
per
share
of
i—.
common
stock___
October 1948 the company
second preferred stock,
cumulative
p.
Sept.
I,
1 thereafter to Sept.
acreage
gas
Light
Co?.,
195f,
and
$250,000
on
each
1, 1955.
was
its belief
worth
were
to
that gas reserves in
2¥i<z
about
Hugoton
per
have
been
.
disbursed.
Inasmuch as Hugoton was formed to facilitate the prompt
.development of its properties, it is the stated opinion of well-informed
,
that
circles
liberal
after
the
necessary
restriction,
above
.
the
company's
'Us
V.
present market
170, p. 1082.'
The
price
about
of
-
.
.
be
a
•
17'At
RR.—Paying Agent—
of
Operating
;
'
1949^-8" Mos.—1948
$354,898
$3,060,707
$2,682,957
787
710
6,005
3,384
$390;741
300,789
•
revenues____
oper.
-Earnings-4*
1949—Month—1948
$391,528
Period End. Aug. 31—
•Uncollectible
;
New York has been appointed paying
equipment trust certificates, series "DD"
l10, p. 1395.
"
,
1949.—V.
1,
that the common stock at
is an attractive purchase.J-r
Indiana Associated Telephone Corp.;
'
^
Guaranty Trust Co.
$5,250,000 2%%
daWd May
V
to- the
probably
.
,
for
aaent
t
Will
...
Illinois Central
-
given
has been
dividend policy
[W. G. Langley & Co. are of the opinion
...
7;
consideration
one.
$354,188
260,646
$2,994,702
rev.
<
:
Operating revenues..
Operating
expenses—_
Rent from lease of oper.
',
-properties
Operating
/
Net
f
Net
: —v.
oper.
oper.
Hotel Waldorf-Astoria Corp.—New
See Hilton
'
Hotels Corp.
Control—
above.—V. 170, p. 983.
400
400
380,826
311,970
$46,989
$342,068
$283,979
31,473
199,856
163,870
^
1949—Month—1949
1949—8 Mos.—1946. '
$1,934,498 $2,083,650 $15,563,200 $15*.353,650
1,397,805
1,550,640 12,006,916 12,675,196
revenues.
expenses.
$536,693
187,847
$533,010
$3,556,344
867,202
$2,678,454
102,053
173,339
164,742
1,533,498
1,863,238
$175,507
5,498
$266,215
3,962
$1,155,644
41,145
$75;048
35,891
_______
$181,005
$270,177
$1,196,789
Miscellaneous deductions
3,372
3,308
$110,939'
24,233
Net rev. from ry. oper.
accruals.—
Equip, and joint facility
Railway tax
-
445,000
-1."
'
i
rents
•
•
Net ry. oper.
Other income
income
—
740,168
if
Total
'
;
-
Indiana Harbor Belt RR.—Earnings—
Period End. Aug. 31—
$1,192,000
$0.87
2,064,234
Crl.O^
——
-
-Railway oper.
1948
$747,000
53,125
$2,679,513'
50
46,503
$42,906
23,682
income——
charges—_—
170, p. 1083.
'
issued and sold 50,262 shares of
■V. 170,
series A ($4.50 dividend)
«
.
*109,670
$0.54
•
—
,
50
46,996
;
taxes
.after
•
—_—
.
of
2,211,408
.>j
r
*
1949
profit
Preferred
&
Power
.
director of The Home insurance Co., succeeding
President of the Penn Mutual Life
1190.
before Federal income taxes_____.—
income
Earned
Kansas
.
170, p.
Hooker Electrochemical Co.
Net
with
contract
..
Stevenson, former
Co.—V.
3 Months Ended Aug.
$5,221,478
259,896
468,831
_L
rate
and Sept.
Railway oper.
Insurance
Federal
i
its
the large southwestern
Mcf .-and-the reserves Which Were
estimated by the latter ■ company
at approximately 750,000,000 Mcf.
On this basis the Hugoton propcrties Hive a value Of around $18;750,d00 which is equivalent to about
$23 per sharp on 810;000 shares of Hugoton common stock.
These
figures dd not take into account any additional reserves which may be
discovered on the Hugoton leases.
,
* •;
,
"
'
Hugoton has not published any estimates of earnings but it is
expected that its revenues from the sale of gas under the Kansas
Power & Light contract will aggregate about $2,000,00d in 1950 and
•increasing amounts during succeeding years and that further revenues
will be obtained from- the sale of additional gas and other products.
The credit agreement covering the company's 2%% promissory notes
.requires the first $500,000 of net income to be retained in surplus and^
then permits 50% of net income to be paid in dividends until surplus
equals 50%
of the notes, after which 100%
of net income Can be
iields
<
7
the
1
transferred
Smith,
V.
dustrial relations, as
'
5,964,336
$7,390,335
expense—
at
Panhandle stated
-
President, on Oct. 14 announced the election
of T. J. Ross, senior partner of the firm of ivy Lea and T. J. Ross,
consultants to some leading industrial corporations on public and in¬
Harold
.•
frdm
obtain
to
of record Nov. 18.
Rent for lease
the company paid
which the rate was vy properties
to
(The) Home Insurance Co., N. Y.—New
.
»
sales
Cost
...
could then
acquired from Panhandle at the litter's
cost pf approximately $135,000, but this apparently represents only
small
fraction
of its present value.
In a report issued last year
'■
payable in Canadian funds on Dec. 15 to holders
15, 1948 to and including Sept. 15, 1949,
quarterly dividends of 50 cents each, prior
37V2 cents each quarter.—V. 170, p. 398.
$15,840,774 $15,234,934
169,
It has
halls,
& Worts, Ltd.—Div. Incr.
Walker Gooderham
directors
From Dec.
Total
fulfill
iv.'
/•
Hugoton
as
2752,
Hiram
•
140,215
496,594
—___________
hotel.
banquet
stores.
•.
operates under management
contracts the following hotels: Plaza and RooseVelt, New York; Palmer
House and Stevens, Chicago; Mayflower, Washington, D. C.; Dayton
Biltmore, Dayton, Ohio; Hilton Hotels in El Paso and Lubbock, Texas,
and in Albuquerque, New Mexico; Town House, Los Angeles, Calif., and
Palacio Hilton, Chihuahua, Mexico.
When it is completed in December,
Hilton also wilroperate the Caribe-Hilton at Sun Juan,- Puerto" RIcoa—
V.
val.
share)
of 625 feet 7 inches, it is the worlds' tallest
2,000 guest rooms, many spacious ballrooms,
restaurants, other public robms and retail
The Hilton corporation owns, leases or
k' 75,0fi0
:
475,000
stock without
per
about
and
•
value
height
1,226,793
1,540,499
1,500,000
2,252,000
2,500,000
Reserves
'
416,730
108,538
(term
loan)
debentures due
$150,000
1,094,599
520,343
598,378
payable, includ. estimated liability for
expenses
!—
certain
Salaries and
Notes
Canad.
to
plans
Hugoton's
•
::y
LIABILITIES—
order
-March
*
•
Service
$1,796,247
(at
receivable—
(at-lower of-cost vr... market)—-
„
Investments
r
accounts
indebtedness
1948
I
interests.
price
drill 10 more wells in 1950 and approximately 23
during the period 1951 to 1958.
Rugotort also eXpeiets
to produce add sell gas in excess of the ^quantities required under the
Kansas
PoWer & Light contract and it may alSo engage in other
phases .of the oil atid gas business,
.
•
>
_ . .
•
Hugoton's present capitalization consists of 810,000 shades ($1 par)
.common stock and $2,500,000 2%7c promissory.notes.
The notes were
incurred on Sept. 7; 1949, under a bank credit agreement permitting
; total borrowings ot $4,000*,000 until sept, l,
1950.
These notes are
$1.16
$1.20
tbased on" 1,514,380
The
•
Subsidiary)
"
••
$2,269,193
;
the Hilton
for
ASSETS—
;
In
Hugoton
$2,064,639
Hilton,, President, on Oct. 12 announced that he had
acquire control of the fabulous Waldorf-Astoria Hotel
N.
contracted
•
1949.-
such
Hugoton is now engaged in a construction program Which for 1949
estimated ..to cost $3,200,000 and which includes the drilling of
wells, the laying of 80 miles of gathering lines and the building of
a
dehydration plant.
Deliveries of gas to Kansas POttef & Light Co.
are expected, to begin about Nov. 1, 1949.
a
30,
at
50
meeting held July 16, 1949, the directors decided to
offer made last January to all holders of convertible pref-
the
output
'
.
additional Wells
'
.
entire
is
,
lAa
Biltmore" (net).
a
V.
-
1949, and $1,616,397 shares on June 30,
June 30,
as
,
$2,094,839
$1.28
;
declared
was
Hugoton within the State of Kansas.
$5,733,549
$1,878,290
——
stock
is not reduced below 950 Btu. per cubic foot.
The amount of
to be ;delivered under this contract starts at 15,000,000
in
1950 and increases to. 24,00.0,000. Mcf, in each of the last two yoAw
and the total quantity to be delivered over the 15-year period approximates 300,000,000 Mcf.
AH of such gas will be produced and sold by
'
183,388.
noh-recurrihg loss
of
sale
on
on
loss
common
gas
;
1,297,835
1,163,924'
1,057,079
1,278,258
' 1,283,796
.
of Hugoton's
the gas
1,300,338 ;
$2,061,678
all
subsequently contracted with Kansas Power & Light -Co.
for the sale of gas from Nov. 1, 19'49, to NOV. 1, 1964, Hugoton reserving
the right to extract hydro-carbons provided that the heating' value of
"-..I I'I). i.i<ii.jiiii'i(iiTiiA»'ii'|mi
$5,884,248
:
Acquires'Waldorf-Astoria-^
*
"
.
'
1948,
Hugoton
prop
—
(net)
non-recurring
June
on
Balance
-v
1948
the foiiowifig
an option to
purchase an additional 20% of the original amount on Jan. 31 of
each of the following fouf years.
Shareholders accepting this offer
would agree to waive dividends on the stock under option.
During the second quarter of this year 9;200 .shares of Hilton Hotels
Corp. common stock were purchased.
These shares were placed -in the
corporation treasury and brought the total so held to 98,900 shares
590,000
$2,270,615
—
.
■*,i
fifj
$5,365,909
518,339
non-recurring loss—
loss
of Company
'latter
to
sell
Its .natural
gas production to outside interests until
:?! Jan. l," 1965, after* which Panhandle has the right to purchase HUgo-
'Jerence stock to purchase thefr holdings at $40 a share on
terms: 29'>
to be payable in cash on Aug. 15, 1949, and
■
,
I
,15,437,314.-15,882,677
,.
tax
income
before
NOTES—At
3,116
1,475,000
taxeS———"
Adjust.- of prov. for prior years—
for
tOtft-
Hugoton. for each two shares
originally scheduled for Nov. 17, 1948, but was postponed, as the result
a temporary restraining
order obtained by the Federal Power Com¬
mission.
The litigation was finally decided by the U. 8. Supreme
Court in favor of Panhandle and the distribution off Hugoton stock.
was made to Panhandle stockholders on June
27, 1949.
'
Panhandle and -Hugoton
entered into
a
contract
permitting the
$20,803,223 $21,116,930
operating profit——______——
real. estate and personal
Before
V shares
prov. for taxes on income test.»■"
.
"
1949
r
—
rentals;
After "dedu'etihg
3,774
13,011' 1
re.,-'
I.
''
expenfee__..__
——
incohie
Co.—Brief History
Production
October,
'• ton's
j
Net income after, non'recurring loss—-———
fEkfningS per'conifnorti^hare;;
.-t
5,061
58,089
t
$1,108,381
of
,
*
r
93,000
retire-
of deb. exp.
Receivables chgd. off,
mother
_
•
'1
9,993,489
181,84o
$1,092,510
comon stock at rate of one shard of
of Panhandle.
This. distribution #hs
;
111.,
-
______
I; ^Non-recurring
•-
15,$92,621
Depreciation
;
266,484
Interest, on long-term debt—117,370
Other
interest charges
^
15,642
.
In
.
Net
725,133
$215,522
dividend to holders of Panhandle
(
.
profit ___:—;—
Provision
16,122,261
—
i
-
Chicago,
Organization,
Newey-Ayfirs
erty taxes, insui-ance, interest, etc.—1-—
Depreciatibn and amortization-—————-.
1949
1948 .'
1947 i
$20,662,352 $20,250,040 $11,973,690
sold, engineering,
selling and admin. expehse.s____-i
—
The1
of
■
'
revehue
Gross
2,461,299" shares
605,633:
$154,678
■
-
;
til. Carry, of the Valley, National Bank, phoenix, Ariz.
is also a director of Club Aluminum Products Co.—
Store rentals
$4.40
of
130»974
90,641
1,039,869
44,637
97,772
$668,496
1,051,744
was formed in September, 1948, by Panhandle Eastern
Pipe Etna-Co:
Shortly after formation Hugoton Issued 810,006 shares
($1 par) coipmon stock to Panhandle in exchange for $675,000 cash
and gas and oil leases, covering approximately 97,000 acres in Grant
and Stevens Counties, Kansas.
This acreage is located' near the center
of the Hugoton natural gas field In the southwestern part of the
state. - '
"
'
"■■■•■
••
"
com-
'
Cost,of- products
r«-
Newey,
Nev/ey
HoOse
Hotel
129,712
bonds
deficit
Hugoton
"
170, pp. 786 and 691.
.
be
$553,192
The company
.
redemption on Dec. 1, next, 2,000
stock at $102 per share, plus
for
per share.—V.
Six Months Ended June 30—
;
and
Subs.)—Annual
:
,
,;.y
the
will
$6,093
and Operations—
.
preferred
cumulative
Operating and admin.
amount
insurance
preferred
-
(&
drawn
were
1
public relations consultants; has been elected a director to
unexpired term of the directorship made vacant by. the resig-
V. 170, p. 304.
$4.40
a
the total
11
of
preferred,
"
<
Co.
Years Ended June 30— •"
Net
the
meeting private sale of
50,000 shares of $4.50
Harris-Seybold
t
directors
the company's construction^ program.
capitalization of the company wHI be 180,000
of common.—V; 170, p.
\
The
assigned to
completed
there
.
$4.25
W.
the
Gross
$19,671
$570,724
'.
..
j
,■
nation- of James
Issue
72,400
v
adj. inc.
.others. ;
finance
New
preferred stock,
5
the
issue
new
I'..
v.;-"
Hilton Hotels Uorp.—-Earnings-^
Stock
10,044
Exclusive *of< interest on adjustment income bonds.
tDeficit.
standing in the hands of the public at 5%.—V. 170, p. 1190;
'
par).
and
6
13
of
•
]y
preferred
stock.
•
a
$480,792
"charges
on
Net
a contingent liability of $359,830 to
Bishop National Bank
arising from the company's endorsement of mortgage loans
the bank on certain employee residences.—V. 168, p. 2431.
Oct.
J>hn
fill
stockholders Oct. 5 approved authorization of 60,000 additional
of
by the stockholders, the directors during
1949 sold to executives of the c6mf»ariy
authorized but previously unissued shares
; financial
'
•
.tint,
•v
'
5,729,716
t$3,951
__
replacement cost.
Helicopter Air Service, Inc.—New Director—
•
.
continued
States Utilities Co.—New Preferred
Gulf
,
170,
the
of
v6Income
May 31,
15,000
% accrued dividend of $1.06 "A
;
5,541,166
$11,041
7,730
income
Gross
>
1949—9 Mos.—1948
$6,053,815 $52,655,594 $48,453,031
$6,300,440
747,338
—
.
Grayson-Robinson Stores, Inc.—Sept; Sales Up—
.
share
than
(M. A.) Hanna CO.—Partial Redemption—
On
$6,021,958
717,444
t
^
Operating income
Nonoperating income
•
is
by
shares
Sales
:——>-+-
'<
1949—9 Mos.—1948
$19,320,268 $19,120,756 $151,852,210 $150,503,046
'• y;y
—
—V. 170,
...
19491—8 Mos.—1948
$743,388
action
year ended
$17.50
of Hawaii
*
to
the fiscal
•
.
(W. T.) Grant Co.-—September Sales Higher—
values—less
at
.
1949—31 Wks.—1948
$12,969,534 $11,440,656 $78,887,111 $66,874,761
983.
p.
^
.
1949—5 Wks.—1948
v
at static
NOTE—Pursuant
September Sales Increased 13.4%—
S
v
tRepresented
by 1,484,938 shares in 1949 and 1,469,938 shares in 1948.
including
$970,815 investment in stock interest in Dolmex, S.A., Mexico.
17.8 %,
Period End. Oct. 1—
V
.
Earnings—
1949—Month—1948
$729,385
$37,619,467 $33,711,788
^Carried
compared
increase
>■
Hudson & Manhattan RR.—August
915,506
-
3,595,647
-
about Oct. 10
or
Period- End; Aug. 31—'
Gross oper. revenue—
Oper. expenses & taxes
,
'
1
no action on the'dividend ordinarily pay¬
on, the common stock, par $1. Previously this
paid 25 cents each on Jan. 10 and April 11, and
9.
Payments iri 1948 were as follows; Jan, 10, .10
cents; and April 10, July 10 and Oct. 11, 25 cents each.—V. 170, p. 1082.
on
year, .the company
12 y2 cents on July
j
25,175„
397,635
on
$2,317,282 $17,880,791 $21,072,736
Howell Electric Motors Co.—Omits Dividend—
able
y
■
$2,174,159
170, p. 1190.
The directors have taken
r
$1,143,494
$1,567,421
924,256
„—— ■
territorial taxes
A
;
v.
•
.
;
Accrued Federal and
Res.
:
:
payable
liabilities
Accrued
v
-1949—3 Mos.—1948 7- 1949—6 Mos.—1943
^531,906
$446,601$993,255
$823,052
$1.01
$0.85
>
$1.89
$1.57
^
——_
,
1949—9 Mos.—1948
1949—Month—1948
Sales
—V.
7
Corp.—September Sales Decline-
period End. Sept. 30—
.
$37,619,467 $33,711,788
LIABILITIES—
Accounts
Union Co.—Earnings—
Grand
(net)—
Total
:v
;
,
(at cost)
Plant and property
Glen-Gery Shale Brick Corp., Reading, Pa.—Filing—
^ On'Oct. 4 a letter of notification was filed with the SEC for 11,724
shares of common stock, to. be offered at $3.37 V2 per share.- Under¬
writer, P. W. Brooks & Co., Inc., New York. Proceeds go to selling
,
7,227,964
crops—current
'Growing crops—future
♦
1948
1949
$2,928,627
■■
l
(at cost less
Howard Stores
31
MAY
.
hand and in banks
U. S. Govt,
SHEET,
v'M
(1495)
Total
Net
income
fixed
51,647
45,779
20,429
410,084
$125,986
$221,090
$766,276
charges——
income
♦Deficit.—V.
170, p. 1395.
*
„t
.
352,172
♦$265,466
8
(1496)
*
THE
f
'
■
1
•'
Q
COMMERCIAL
'
FINANCIAL
&
'
•
CHRONICLE
•
1
^
The
Industrial Stamping & Manufacturing Co.—Files—
The
Sep.,
66,000 shares
sold
be
($1
Helen
by
filed
27
company
covering
vul
G.
letter
a
par)
of
Mayne
notification
stock,
common
shares
16,000
and
with
of which
the
SEC
Harold
Underwriter, Baker, Simonds & Co.—V. 169, p. 2419.
laayne.
following are the estimated net proceeds to be derived by
company from the sale of the series A and series B bonds, the
vertible
debentures, series A, and
50,000 shares
by
Series
(1)
E,
the
10,000
shares:
(3)
Convertible
(4)
—
con¬
Miscellaneous
Oil
35,633,500
16,868,750
—
—i
100 Broadway, New York, N. Y., has been
appointed paying agent in New York City for principal and dividend
warrants appertaining to the equipment trust certificates, series CC.—
V. 170, p. 1395.
■
^
'://.f
Total
,™™_™-
COMPANY—Company
International Telephone
& Telegraph Corp.—Finances
An
for
by
special
Act
of
the
Parliament of
Canada on April 30,
1949, for the purpose of con¬
structing, owning and operating a ciude oil pipe line system to provide
outlet lor the extensive cruoe
oil reserves recently discovered in
the Province of Alberta.
arrangement
CAPITALIZATION, UPON COMPLETION
exported from U. S. to Argentina and destined for the Argen¬
Telephone Administration.
Company's Argentine manufacturing
tine
subsidiary has issued its serial notes dated July 1, 1949, payable In the
amount of $4,000,000 annually over a five-year period,
with interest
at 3Vz'/e
per annum for the first year and 3%%
per annum for the
ensuing four years.
The Central Bank of the Argentine Republic has
agreed to make available, against payment in pesos, the necessary
to meet the dollar obligations incurred under the
addition, the Central Bank has agreed to make
exchange
ment.
In
the foreign exchange
ment
irom
Brltibn
The
The
arrange¬
requirement for the purchase of telephone equip¬
and
Belgian
subsidiaries
in
the
amount
of
be
sterling
pounds
notes
the
covering
and
manufactured
contingently
liable
STATEMENT
exported
these
on
by
notes
Federal.
until
CONSOLIDATED
OF
The
Cost
of
to
goods
•
Series A, 3V2V0
bonds oue Jan. 1,
skg.
conv.
due
Oct.
Capital
"No
fixed
of
1948
($50
$96,183,538 $89,868,457
80,242,391
73,315,993
$15,941,147 $16,552,464
raldotelephone oper. revenues__
aivs., int., adv. fees and royalties, etc.
Sundry
$37,000,000
for
'
35,000,000
A,
mortgage
presently
issued
trust
in
one
.
with
the
all
part
and
13,106,385
12,439,986
2,991,835
3,483,029
capital
stock
Lakehead
of
the
of
security of the first
trust bonds of Interprovincial Pipe Line Co.
the
funds
including
proceeds
required
pumping
to
will
be
used
the
meet
stations and
to
cost
Line
Pipe
mortgage
provide
of
15,197,068
;
U. 'S. Federal
Dther taxes
income ..taxes—™™™-—_™_
(inch
to foreign
taxes
govts.,
14,844,250
2,924,396
2,406,484
240,000
1,000
7,144,790 .<>• 5,879,548
*
etc.)
2,384,075
-profit.
:
Profit
exchange
foreign
on
(net)
2,159,597
$4,388,038
123,755
:
$6,945,600
1453,510
the
'
Net earnings before int. and
Charges of subsidiaries
other chgs—
$4,511,793
$6,492,090
1,616,518
Interest
charges
of
parent
company
$4,875,572
440,735
major portion
constructing the pipe line,
facilities, and the
debentures,/series
to
Imperial
69.67%
owns
$2,413,518
——
•Exclusive
of
$2,715,756
of goods sold,
tLoss,
cost
and
$2,138,410,
respectively,
$4,418,955
included
in
the
on
OF
and
peg,
ACCOUNTS
(PARENT COMPANY
Six Months Ended June 30—
Total
from
income
Other
ONLY)
1948
$2,212,126
1,340,570'
1,362,795
"
——
General
Loss
earnings
gross
—
and
expenses
taxes
foreign exchange
on
$3,337,384
-
$3,574,921
1,713,798
(net)-—j.
$2,019,688
44 -\
6,192
/
,
income
Interest
before
interest
charges
$1,623,542
$1,549,041
440,735
456,617
charges
369
Oil
income
-V. 170, p.
$1,182,807
$1,092,424
1191.
of
line
located
(New
pipe
will
be
oL 16-inch
used.
Tile
pipe
75
within
line
of
line
and
below
to
miles
.
from
Gretna,
1,500,000 barrels will
the accumulation of
be
the
United
Gretna
will
constructed
an
of
average
to
have
at
will
States
Gretna
to
that
these
will
be
located
Line
Co.—Offers
Securities
in
Canada—$35,000,000 Bonds Placed Privately in United
States—New financing to the extent of
$90,002,250 was
recently undertaken by this company with the sale of
securities in Canada and the United States
DIRECTORS—The
Baker'Hopkins;
John
1.
°kia.
,
OFFICERS—Oliver
Rigsby
at
$37,000,000
dated
A,
to
as
3Va'/c
first mortgage
and
collateral
trust
bonds,
1, 1950, to mature on Jan. 1, 1970, and payable
interest and premium in lawful money of Canada.
Jan.
principal,
The
scries A bonds were sold through a
syndicate composed of Wood,
Gundy & Co. Ltd., McLeod, Young, Weir & Co. Ltd., Dominion Securi¬
ties Corp. Ltd., A. E. Ames & Co.
Ltd., Nesbitt, Thomson & Co., Ltd.,
and
James
Richardson
&
Sons
(of
which
syndicate
Wood,
Gundy &
syndicate
managers), acting as agents for the
company, to a limited number
of institutional investors' at
par
and accrued interest, in Canadian
funds, "and will not 1.3 offered to the public generally.
Cq.
Ltd.
and
McLeod,
Young,
<2) $35,CD0,000 3V2%
series B, dated Jan. 1.
repayable
the
to
as
United
first
of
to
interest
of
number
America.
institutional
est, in U. S. fund3, and will
be
not
collateral
1,
premium
series
B
in
trust
will
1970,
lawful
bonds
have
and
at
101.81
offered
to
and
accrued
to
a
inter¬
the public generally,
(3)
$17,000,000 of 4% convertible sinking fund
debentures, series A,
is of Oct. 1, 19^9, to mature on
Oct. 1, 1970, and to be payable
principal, interest and permium in lawful money of Canada.
Of
the $17,000,009
debentures, series A, the company has sold $9,500,000
privately at
par
and
accrued
interest. The
remaining
$7,500^000
convertible debentures, series A, have been
purchased by a syndicate
to
as
...
comprised of
the investment
dealers referred
to in
paragraph
(1)
above together with two Canadian chartered banks
(of which syndicate
McLeod, Young, Weir & Co. Ltd. and Wood, Gundy & Co. Ltd. are
joint syndicate managers), acting as principals.
The issue price to
the company of tiie $7,500,000 of
convertible debentures, series A
is
$98.25
for
for
sale
each
to
the
$100.
public
plus
at
interest,
and
par
(4)
Company has sold privately
share.
per
to
the
debentures
were
$50
at
proceeds
construct
will
provide
the
company
with
funds
surplus
United
States
portion
cf
which
will
be
Lakehead
owned.and
Pipe Line Co., Inc., which is a wholly
fcubiiaiary of the company) and to provide
owned
working
operated
United
by
States
capital.
The
approximate amounts to be devoted to these
purposes, so far as determinable* and to the payment of preliminary
expenses, are estimated to
fce
as
follows:
the
on
line.
It
is
Station
cost
Construction
;™-™
,
$10,578,000
29,708,000
28,146,000
—
Communications
Automotive and
Storehouse,
•
office
pipe
600,000
maintenance:
line
patrol
facilities,
office
building
sqg.ooo
and
equipment
Tankage, loading and dock facilities, pumps and
auxiliary I
Contingencies, interest charges during construction, pre¬
liminary and mi cellaneous expenses,
including expenses
in connection with the issue of
the securities referred to
herein and premium
Other expenses and
on
U. S. funds
working capital
Total
1,050,000
3,930,000
follows:
as
are
Frederick
579;
pro¬
The
SEC
company
Treasurer
(1
1946 :
103,063
237,395
98,364
279,764
107,985
239,995
.
Nil
$0.50
$5,267,092
§103,784
r
98 364
279 764
'Nil
Nil
^Including $49,000
Federal
loss
tax
doubtful
'
''
*
"
1
payable,
taxes,
other
$143,945;
accrujed
than
(estimated), $17,102;
on
customers—unfilled
and
wages,
income,
expenses,
$44,258;
notes payable to
without par value
stock
due
salaries,
taxes
(outstanding
federal
banks, $1,889,107,985
shares),
(par value $1 per share), $239,995; capital
of deficit of $1,046,842 in earned
surplus as
1947), $464,332; earned surplus—since July 1,
$3,512,363.—V. 168, p. 1780.
■
1947, $103,-
.
Other bids received at the sale were:
Harris, Hall & Co. (Inc.), 99.19
2'/as; R. W. Pressprich & Co., 100.35 for 2V4s;
Halsey, Stuart &
Inc., 100.315 for 2Vis; Lee Higginson Corp., 100.262 for 2y4s;
Blair &
Co., Inc. and L. F. Rothschild & Co.
(jointly). 100.75 for
23/aS.—V. 170, p. 1396.
N.,
for
1949—Month—1348
$5,148,315
1949—8 Mos.—1948
Kansas Power & Light Co.—Calls
3V2% Bonds—
$5,471,625 $38,704,987 $41,575,544.
«
Oct.
filed
10
its
registration
statement
with
3 y2
due
all
covering its common stock financing proposal.
previously reported,
the company
proposes
to
issue and
sell
shares
($3.50
par)
common*stock
at
competitive bidding.
As
111.,
1,
into
at
or
called
1966,
the
be
for
redemption on Nov.
outstanding first mortgage
the
of
Dec.
merged
Payment will
the
has
company
interest,
%
of
made
Bankers
The
Kansas
Electric
Trust
at
company.
Harris Trust
Co.
which
has
Co.,
Wall
16
and
Savings Bank, Chicago,
New York, N. Y.—V. 170,
St.,
984.
p.
7,
1949, at 103
bonds, series A,
Power
former
'
300,000
Proceeds
to
The
$4,532,000
to
Aug.
obtained
and
31),
balance
the
future
170,
that
for
its
1949
for
company's
of
construction
Keller Motors Corp.—To
will
expenditures
$2,941,570 had been
The
ex¬
1950,
treasury,
adidtional
operating
from
bonds,
notes
of
5,
The
securi¬
George
said
all
a
special
meeting occasioned by the
Keller, Chairman of the Board and President,
plans to produce the Keller low-priced station
continue.
Keller
interim
Produce Low-Priced Car—
following
D.
that
would
wagon
revenues,
other
or
Oct.
1296.
p.
corporation,
death
and $4,400,000 for 1951.
construction funds are expected to
required
sale
program.
which
(of
$6,450,000
the
of
from
the
from
ties.—V.
construction
applied to its
estimates
company
amount
pended
be
be
to
are
officials,
committee
chairmanship oi
to
present V at
take
George
over
M.
the
the
Fisher,
meeting,
duties
for
of
45
Purcell
Diversified
Head
to
Services,
Three
Bradford
Inc.
and
K.
Bradford,
Affiliates—
prominent
a
Virginia,
President
Selective
the
figure in
same
of
time
Chairman
of
boards
directors
of
its
Fund,
D.
the
this
corporation,
Minneapolis,
and
Investors Stock
directors
of
elected
Cleveland,
three
business
on
Robert
Ohio,
Oct.-
Mutual,
Fund,
for
and
investment
affiliates—Investors
and
Alleghany Corp.
of
C.,
three
Inc.,
the
of
the securities and
Washington,
elected
At
Vice-President
7
W.
Purcell,
23
Investors
period End. Sept. 30—
Sales
the
Services
companies.
and
panies now have combined assets of
of
Investors
Mutual
its
over
subsidiary and
$640,000,000.
also
re-elected
as
affiliated
——------
1949—Month—1948
1949—9 Mos.—1948
$3,055,000
$3,084,000 $22,975,000 $22,551,000
There were 306 stores in operation in
year ago.—V. 170, p. 984.
September, 1949
against 311
a
;
Laclede-Christy Co.—Plans New Plant—
-
Diversified
the
(G. R.) Kinney Co., Inc.—September Sales Decline-
In¬
/ /
As
of
Sept.
16,
1949, the Investors Mutual, Inc., had grown to
$154,694,785 with 13,302,868 shares outstanding and held by over 73,000
shareholders.
the
with
in
Vice-
Chairman of
as
under
Corp. The Committee consists of George M.
Fisher, Pro¬
Vice-President and Director; Robert C.
Gross/Vice-President
and Director; and A. C.
Burnett, Secretary.
Greenfield,
Lax
&
Co., Inc.,
are
underwriters
for
the
common
stock.—V. 170, p. 1396.
was
Inc.,
Inc.
special
a
Keller,
associated
duction
j:
Harold
formed
Mr.
years
Studebaker
Investors
This company
is planning to begin construction of a
$500,000 vitrified
pipe plant in St. Louis County, Mo., next
spring, Donald N.
Watkins, President, announced on Oct. 7. The site of the
com¬
sewer
directors
Harlan
plant
K.
Nygaard, Robert J. Stallman, Carl R. Gray, Jr., Henry J. Guild, and
Purcell.
New
directors
elected
include
Mr.
Bradford, Clarence
Meadows, former Governor of West Virginia, and Robert J. Bulkley,
was
not
disclosed.—V.
proposed
167,
p.
1694.
Mr.
United
former
Investors
E.
States
Stock
from Ohio.
stockholders re-elected
Drake, Randall F. Fullmer and Eugene B.
include Mr. Purcell and Mr. Bradford.
Definitive
directors
as
Hanson.
New
Clarence
directors
elected
Stockholders
of
C.
Messrs.
Eradford
Investors
Strachauer
J. F. Anderson
and
Lakefront Dock & RR. Terminal Co.—Definitive Bonds
\
Senator
Fund
and
Selective
Lucian
Furcell,
and
Fund
C.
John
re-elected
Sprague.
V.
New
Dobson,
directors
as
directors
President
of
are
(M. H.) Lamston, Inc.—To Open New Store—
the
New
See
Investors
Mutual, Inc.—New President, Etc.—
Diversified
Services, Inc., above.—V.
170, p.
series
This corporation
10,188.000
Investors
3%%
A bonds due June
1, 1968, are available for
delivery in exchange for temporary bonds at The Chase National Bank
of the City of New
York. 43 Exchange Place, New
York, N. Y., and at
The Toledo Trust Co.,
Toledo, Ohio.-^-V. 168, p. 547.
Lumber Co. of Minneapolis.—V. 170, p. 1396.
„
1947
tl,317,509
high bidders for $1,200,000 equipment certificates on a
bid of 100.105 as 2%s.
Reoffering of the certificates is
being made, subject to award by the road and approval,
by the ICC, by Salomon Bros. & Hutzler, Drexel &
Co.,
Union Securities Corp. and Stroud &
Co., Inc., at prices
to yield from 1.10% for
May 1, 1950 maturities to 2.40%
for Nov. 1, 1964 maturities.
Tulsa,
St.
1948
Southern Ry.—Equipment Trust Certifi¬
cates Offered—Salomon Bros. &
Hutzler on Oct. 13 were
,
Sherbourne
12.
$574,107; inventories (at lower of cost or mar¬
plant, and equipment (after reserves for
$429-59°). $480,737; deferred charges, $145,398; total,
common
30,
total,
The
on
Arthur
5,000,000
at
Kansas City
Robert
Kahle,
/•
$7,800,260
refujids, $18,667;
been
Stockholders
Pipe costs
sell
Subs.)—Earnings144,757
/£
(after application
June
and
with
a
and
property,
preference stock,
$539,925;
of
Adzed Elmer Harverson, Oliver
Loren
1
and
on
621;
will
daily
will include
Interstate Power Co.—Registers With SEC—
West
10,000 shares of capital stock
issue
$35,400),
income
170, p. 1296.
years
pipe line system for the transportation of
crude
petroleum from Edmonton, Alberta via
Gretna, Man., to Superior, Wis.
(the
—V.
offered
interest.
to
.
vestors
PURPOSE—The
which
and
of
$1,623,356;
taxes
of oil
Superior
(&
,30° on normat operations.
average
Interstate Department Stores, Inc.—Sept. Sales Drop—
Period End. Sept. 30—
Sales
The
dated
Co.—Financing Approved
authorization
$5,377,988
~
share
accrued
President; Loren Frederick Kahle,
Gladstone Hall, Vice-President; Rob¬
(59
Belgrave
Ave.,
Toronto, Ont.);
Henderson,
SEC
Co.
be
to
money of
been sold
Armstrong
$12,042,032.
Inc., above.—V. 170, p. 494.
1949
.
shares.™
$50,939;
Toronto, Ont.).—V. 170, p. 1290.
bonds,
agent for the company,
as
investors
joint
are
Jan.
on
and
The
Ltd,
and
mature
through The First Boston Corp., acting
limited
Co.
&
mortgage
1950,
principal,
Stales
Weir
Kenneth
1949 were
6,927
LIABILITIES—Accounts
Hopkins,
Vice-President; Frank
Dudley
Murray,
Secretary
ert
6,
$5,002,815
com.
of
which
barrels
■
Baker
Oct.
after
-v/
directors
White,
Executive
(1)
series
iy
ket),
Edmonton, Alberta; Ermine and
Gretna, Manitoba, and Clearbrook,
the
on
preferred dividend requirements.
loss
accounts
be
at
Burdette Burgess, Frank Gladstone Had,
follows:
as
of
names
to
made
was
CONSOLIDATED BALANCE SHEET, JUNE
30, 1949
ASSETS—Cash, $688,765; receivables (after reserves for
Minn.
Pipe
per
18-inch
Superior
an
initial
Superior,
10,000
during the closed season.
Terminal facilities
loading clocks fcr lake tankers.
Initially there will be six pumping stations
posed
distribution
operating
01
Man.,
Winni¬
of
capacity of 70,000 barrels per day. Since navigation 011 the Great Lakes
is closed for approximately 150 days of (he
year, storage capacity for at
permit
29
tAfter charges and taxes.
including Federal tax credits of $202,359; a
$971,790
loss
on
sale of
inventory which was either undesirable or held in
excessive
quantities; $375,000 provision for further
anticipated loss
on
surplus inventory; $47,777
nonrecurring expenses attributable to
inventory liquidation and related problems; and a net
JNet
"
Jersey)
extend
south
from. Regina
from
Regina
share
per
Oct.
—
Notes Placed Privately--10-year serial notes has been placed
____
common
•Earns,
*
will
profit
orders
The' 349 miles
day.
per
cents
exclusively from net
institutions, it was announced Oct.
Co., Milwaukee, acted as agent.
$3,512,363.
constructed
20
payable
derived
be
1—
by Lakehead Pipe Line Co., Inc., which is a wholly
owned subsidiary of the company.
The 450 miles of line from Edmonton to Regina will be constructed
of
20-inch pipe
an^ will ,have an initial ,average capacity of 95,000
Regina, Saskatchewan; Cromer and
Interprovincial
received
No.- preferred -shares^.
,
southeasterly direction to Superior, Wis., on Lake
to Duluth, a total distance of approximately 1,150
miles
Distribution, Etc.
of
year,
bidding
will
sales
'Net
v
,*
Net
Co.
•
pipe line
Saskatchewan,
some
this
sinking
privately by the
proposed
Regina,
It is
similar
of
as
Fiscal Yrs. End. June 30—
"Net
a
adjacent
The
least
Net
Imperial.
through
A
Jim Brown Stores, Inc.
v
convertible
sold
Standard
stock
States-Canadian border
in
4%
being
is
completion of
upon
of
others.
of
1949.
income.
privately with
and operated
owned
be
Total
outstanding
$17,000,000
$9,500,000
17,
this Fund
has
company
barrels
1949
$1,996,814
subsidiaries
income
be
LINE—The
Alberta,
tnence
Superior
INCOME
A,
and
capital
PIPE
United
miles.
STATEMENT
the
of
to
of
issue
fiscal
James Manufacturing Co.
•No.
shares
this
dividend
a
current
$10,000,000 of first mortgage bonds, due 197y.
applied to the company's construction program.
:
Bids for the purchase of the bonds
will be received by the
company
at Suite 2200, 105 W. Adams
Street, Chicago, up to 11 a.m. (CST)
Oct. 25.*-rV. 170, p. 1296.
y. / %
/
,
/
;
management and supervision of the company
initially by Imperial Oil Ltd.
Imperial now owns
Edmonton,
income
for
assets
^Proceeds
MANAGEMENT—The
Of
./
the
competitive
collateral
$41,000,000 will be spent for materials and supplies in the United
States,
including
approximately
$23,500,000
for
the
United
States
portion of the line and the terminal facilities at Superior; Wis., and
that about $44,000,000 will be spent in (Janada. »
-
PROPOSED
Net
dividend
Loewi &
linancing.
2753.
p.
terminal
necessary
456,617
t,
Oct.
rial, freight and labor costs and including a provision of approximately
for contingencies. An additional $5,000,000 will be provided
for other expenses and working capital,
bringing the total estimated
cost of the project to $90,000,000. It is estimated that
approximately
supplied
10,000 of the 20,012
169,
on
$7,700,000
company
•
record
declared
the
An issue of $500,000
lund
$2,854,253
of
7
of
CAPITAL REQUIREMENTS—The construction cost of the project; lias
estimated by engineers of Imperial Oil
Ltd., with the cooperation
of other pipe line experts, at
$85,000,000, based on the present mate¬
be
above.—V.
last year.
29,
The
Inc.,
Co.,
and
Oct.
on
Iowa-Illinois Gas & Electric
—Bids Asked—
'
other costs.
will
V'--
Services, Inc.,
See Investors Diversified
Services,
been
$32,039,367 $32,475,479
$159,957
New President Elected—
capital stock will be reserved for issuance upon conversion
of the convertible debentures, series A.
tOf the 20,012 shares of capital
stock, Imperial Oil Ltd. now owns 10,000 shares.
form
,;U/
quarter
and
Total
.
unissued
will
$137,237
payments already made this year (14 cents on Jan. 31, 15
April 30 and 16 cents on July 29), the current dividend
brings total distributions during the current year to 65 cents
per
share, compared with 62 cents in the previous fiscal
year.
in
oouus
issued
be
may
final
stockholders
cents
series, subject to the restrictions to be contained in the
securing the bonds.
tSutficient. shares of the authorized
deed
and income taxes
■
directors
With
J20.01J1 shfl.
cuii<*i,ei<u
ana
be
to
/'//■;
the
Oct.
17,000,000
14,000,000 shs,
rirst
24,550
——
corporation had cash in bank and U. 8. bonds totaling $204,508
30, 1949, compared with $244,246 at Jan. 1, 1949.—V. 170,
interest
'•
$25,000,000
$72,000,000
depletion
26,002
-
June
The
•
"
par)
limitation,
the
together
re¬
sales———
on
series
O "•
Investors Stock Fund, Inc.—20-Cent
other
more
trust
but
debs.,
$134,507
/"■*/
...
;i
Outstanding
1970)
1970_
stock
excess
or
1,
fund
PURPOSE—The
profit
PROPOSED
J
4%
$163,239
expense
See Investors Diversified
(Canadian payment)
(.
Series B, 3Va% bonds due Jan. 1, 19701
(United States payment)
of
Gross
Telephone
THE
Pipe Line Co., Inc., a wholly owned United States sub¬
sidiary of the company, which is to own and operate the United States
portion of the facilities, wiJl issue to the company its first mortgage
bonds to the extent of the full cost of its facilities and such bonds,
ACCOUNT3
1949
$5,1j7,822 and $6,646,972,
affi.iated companies)
sold
;
is
.
INCOME
(incl;
sales
spectively,
corporation
OF
178,664
Investors Selective Fund, Inc.—New President—
FINANCING
Authorized
$5,843
159,357
™;
before
1396.
p.
Lakehead
paid.
Six Months Ended June 30—
Net
V
of
as
First mtge. and coll. trust bonds:
available
and 85,000,000 Belgian francs, respectively.
first year's maturity in the amount of
$4,000,000 are being sold to New York and Boston banks, and the
proceeds will be used principally to finance the additional equipment
1,320,000
to
i
recently concluded in Argentina which provides
cover telephone material already exported
was
$20,000,000 note issue to
a
and to be
Income
1943
$3,382
™™
...
■»''
*
an
Argentine Subsidiary—
income
r
1949
-
-
sales..
gas
.
incorporated
was
income
Opeiating and overhead
V'"1
$90,002,250
—
and
Gross
500,000
——
.
York Trust Co.,
New
________
6 Months Ended June 30—
(U. S. currency)
debentures, series A
'
•
Investors Royalty Co., Inc.—Earnings—
$37,000,000
—
Shares
the
"
,
bonds—™
A
Series B bonds
(2)
'
International-Great Northern RR.—Paying Agent—
Tne
Monday, October 17, 1949
.
"
■
1083.
the
York
heart
Street,
V.
off
170, p.
is opening its eleventh 5 & 10c store in the
greater
metropolitan district, on Oct. 18. This new store will be in
of
Jamaica's
Jamaica
495.
new
Avenue.
shopping
It
has
area
at
28,000
lG4th
square
Street
feet
and
of
165th
space.—
Volume 170
Number 4847
THE
COMMERCIAL
FINANCIAL
&
CHRONICLE
(1497)
9
'
1939, and to Bone Star Brewing Co. on Feb. 1, 1940. Company's brewery and municipal business office is located at 542 Simpson
St., San
Lamaque Gold Mines Ltd.—Earnings—
,
(Including Wholly Owned Subsidiary, Lamaque Mining Co., Ltd.)
;
Eight Months Ended Aug. 31—
Tons
milled
———
Gross
value of
Oper.
costs
L_l_
—
217,310
130,765
$1,587,677
1,040,829
$1,192,139
.
produced..
Provincial royalty
incl.
1949
-331,470
$2,595,102
1,818,027
.
bullion
1948
1947
The
the
"788,925
Profit
from
from
mining
$777,075
$546,848
17,120
operations-
14,830
beer.
trade
production is sold
Total
!_■_
$794,195
...
income
on
:
$403,214
(•
105,180
total met
shares
Earnings
profit-—-..-:
share...I_!
per
$753,354
$0.25
_
$0.11 ;
Sales
$4,052,552-
,
—V, 170,
'
1397.
p.
;
.
,
v
Belshe
M.
the
United
Washington
has
liigs of
stock
shares
just been elected
States
Force
Air
($3
and-, has
representative,
management.—V.
170, p. 885.
stock
taken
:
been
.
in
value
assets
frbm
$43.30
fiscal
of
the
share" to
pet
stock
capital
$48.82
of
the
during
'.
$3,505,441, compared
' $ :.;j ■■■"-V//.
$1,619,654.
•
The
in
increase
"Cash
and
in
stock
United
investments
States
with
its
of
proceeds
21st
2.3%
at
Net
the
the
966,794.
was
quarter's end.
unrealized
720,004,
stocks
preferred
Obligations,", less
Net
ordinary
was
in
the
in
$992,113
Net realized
profit
30,
June
on
1949
30,
first
quarter
investment
corporation's
"the
in
oil
Public
utilities
40,000
shares
largest
single
constitute
cf
fiscal
.3 Mos. End. Sept. 30—
Interest on U. S. Govt.
;
$40,363
other bonds
on
period.
Pfem.
$35,664
17,887
11,177
•
misc.
taxes-,.
$1
»f4
v■.!
franchise, cap.
&
-
,0f2,406
-
8,007
Other
oper.
:.Nct
;
realized
net
written
off
municipal
in
taxes,
'NOTE—No
corporation
pany."
16.426
17,087
105,824
,
recovery
$91,175;
year,
has
elected
been
be
to
BALANCE
three
real
on
estate
$588,066;
total,
made
taxed
Govt,
dividends
obligations
$116,579;
reserve
stdck
par
(Si
shares
held
net
for
-
•
/
said
(at
30,
1949.
and
taxes, $117,504; capital
capital surplus, $80,712,982; less 300
cost),
<Dr)$9,799:" net
realized
profit
on
paid (Dr)$21,663,590; undistributed
total, $67,199,064.—V. 170, p. 692.
1349—Month—1948
$8,971,455
1949—8 Mos.—1948
-
$9,696,481 $77,233,941 $78,351,048
r-.-
.
& Ohio
RR.
above.—V.
170,
595.
p.
.
■
M.
T.
Martin,
canyon
the
on
President, on
reef formation
Lion
Strom
Oct.
and
Number
a
very
the encountering
satisfactory drill stem
a
semi-wildcat
production, on its 5,400 acre block in the Diamond
Scurry County; Texas. /
:
-•
•Concurrent
with
Lion's
test
of, the
Strom
Number
Brothers
and
oil
well,
mile
r
which
to
Mr.
the
by
gas
offsetting
indicates
the northeast
Martin
prpven
presently
the
saturation
states
in
an
of
that
canyon
extension
M.
west
Field
*
:
of
*•
1, Newman
of Lion's block,
found
in their Eiland Number 1
production three-fourths of a
Lion
holds
in "this
field.
The
company
has; 32
wells, completed- and - on
production
with
seven
drilling...
."Lion Oil Co. anticipates' a very active drilling program for the
remainder of-1949 and a considerable portion of 1950 to fully develop
Its block of acreage
in the Diamond: M field," Mr. Martin said.—
additional
V.
170,
wells
1192.
p.
Lone
...
Star
.
.
.
.
-
..
Offered—Russ» &
Stock
—
Co.,
Dewar, Robertson & Pancoast,
Dittmar & Co. and Rauscher, Pierce & Co., Inc., San,
Antonio, Texas, on Sept.- 26 offered 213,000 shares of
common stock (par $1) at
$11.25 per share;
.
.The shares offered
are outstanding shares owned by George Muehle-^
Brewing Co., of Kansas City, Mo., aiid- are being purchased and
by the-underwriters, subject to an offering by George Muehlebach Xrewing Co. of 45,000 shares thereof to officers and directors of
Lpne Star Brewing Co:, Lone Star Brewing Co. will receive none of the
proceeds from the sale of the shares..
' :,
bdeh
offered
.
COMPANY—Company
pany
was
changed
originally
by
was
incorporated in Texas July 31,-1933.
incorporated
charter amendment
to
Sabinas
Brewing
Co.
Champion Brewing
Co.
as
Com¬
Name
on
Feb.
was
14,
per
pfd. "stock__
U.
Due
■>
said
5,361,514
703,860
2,750,966"
-
$2.71
$4.39
cost
Macy's
SHEET
Bank)'
'
July 30,.'49 July 31,.'48
$9,077,369
$7,699,318
at cost
the
(at
lower
26,993,915
25,357,418
24,839,443
expenses_____
2,486,787
(current, account) 1_
current
assets
2,343,882
515,999
'
491,006
(net)—.
—
1,897,679
.
.1,856,517'
6,916,000
_
Income—_
on
6,916,000
795,000
investments
from
Lifo
of
!___
prepaid
Bank
^'Overpayments of Federal taxes
Investment in Macy's Bank—
Due
10,537,094
17,943,368
(net)^—___
inventories
market
or
Other
redemption
or
5,125,600
customers
Miscellaneous
,4*
I
795,009
329,598:
333,499)
«
...
a
II
256,851
Miscellaneous assets (at cost)
Property ahd equipment (net)___
Deferrfed'charges '(uhamortized debt expense)i_
will' '
he
BALANCE
of
■.
from
Macy's
'
.
4,l66,0OCT
fbr prior years.
Govt, .obligations,
Merchandise
,i
,
9;653,895
126,381"
4,298,385
$3.57
.
—
S.
amount
,
v/'v
•
Dr75,589
703,800
4,298,385'
share—!
common
$500,066
703,800
stoCk_"
com.
Cash
1949,<?
for ; the.
must
produce
month to break
100 houses, and it
houses
700
413,171
636,056
56,608,444
419,827
39,194,231
437,319
2,207,938
2,288,774-
employees^
Leases, copyrights,
•(net)'
_v_
trade
marks,
goodwill,
wort A trf houses
after
taxes-
taxes-
LIABILITIES—
standing forlornly
$32,659,384 $20,704,996 $11,172,427
835,870
2,730,328
2,793t262
540,870
1,675,327
1,731,832
to
■
shares
"
$6,562,001
.,
■'■'491,134
Earns,
5,304
$32,053
5,355
$32,130
$7.47
$7.23
$2.24
Bank
901
loans
Book
value
Backlog
on
per com.
$20.70
355
334
None
$3,097,000
$5.98
I I $3.73 I
$13.24
•'•'
;
deposits
receivable,
plus-fixed-fee
contracts,
$8,278,481 'on'
In
?
I
$632,528;
which has
for operation
:
passed
to
the. U.
S.
*
Government), $6,966,862; advance
and maintenance of
wind tunnel, $94,096; cash surrender value of insurance on life of an
'■
officer, $20,854; notes receivable due subsequent to June 30, 1950, $32,->
686; insurance deposits, $17.4,266; property and equipment (after re- "
serve for depreciation of
$236,787), $622,565; expenditures recoverable ,
under lease,
$227,786;
prepaid insurance,
applications and trade marks,
$1;
etc.,
$10,958;
20,000,000
20,000,000'
9,500,000
par
25,790,310-
10,373,324
value
(staled
10,373,324'
vaiue
capitaLw
23,940,993.: 22,108^53
!_$130,329,957 $125,-623,792
for
the "six
years
ended
170,
p.
January
1298/.
194*7
as
"
o.i
result
the
'
:
.
less
/
.
Operating
loss ■ ___j——
Interest received and other income'——
Interest
expense
loss before Federal
provision
for
income
tax
Earned'
adjustment.
years under
prior
__!-!--r—'—;
.
,
$1,408,623
Cr5,690
30,133
—
$1,403,057
carry¬
540,000*
—
the
period—
surplus at Feb; 28, 1949—
loss
Net
—
—
Credit for Federal income taxes for
_!—_—
,1
t$6,312,443
7,605,044
.116,022
of
back
$37,500;,.
and
target contract
settlement on I
$1,127,803 withheld by U, S. Government), $4,- / '
16,560,000
25,790,310
!i_
—_!_
without
138,544'
16,560,000
(par value $100
cash discounts, returns and allowances—___—
goods-sold/selling, general and admin, expenses—
Provision for depreciation and amortization—
Cost
Net
».
10,000,000
142,515
-
JNCOME ACCOtJNT FOR FOUR MONTHS ENDED JUNE 30, 1949
Sales,
"$893,057
—
2,638,136
.
provlision for Fed. and State income taxes, $1,059,358; balance '
purchase of undivided interest in wind tunnel (payable in six equal,
Earned surplus at
334,375;
on
2,282,97'p
175,950'
semi-annually
!—
patents, patent, 1
leave, $365,960; taxes, other than income taxes, $198,932; miscellaneous
accrued liabilities, $36,803; preferred dividends payable, $7,881;' current
installment on purchase df undivided interest in wind tunnel,
(less
175,950
Magnavox Co. (& Subs.)—Earnings—
total, $14,224,552.
for .modification, costs
1,983,597
1,780,179
share)—
paid-in
"Claimed
and
to
per
91,330'
2,514,674
series A
thfe re-adoption bf Lifj.—V.
unbilled
inventories,, title
$15
Total
.
cash on hand, $1,832,870; ?
cdsts and fees under cost- "
inventories (less progress payments :
bank
$3,589,080;
1.021.159
cus¬
*
$61,896,041 $90,872,077 $36,946,114 $36,939,108
BALANCE SHEET, JUNE 30, 1949
ASSETS-—Demand
accounts
from
Earnings reinvested in the business-
,r.'''v
"Loss.'
of,
sh.
June 30___^
on
of
Additional
'
None
>1
collected
3.760.158
1,246,365
notes)—!
employees)!
preferred stock,
share) .
per
831
None
June 30-
and
taxes
tax
deposits and miscellaneous.!payable Aug. 1', 1949 on pfd. stock—
25vyear 27/8% sink, fund debs., due Nov. 1, 1972
Common stock-,
$33,615
Nil
stockholders
of
(incl.
(less
Reserve
5,376
$31,524
share-
5,254
income
on
„
annual
installments), $225,000; 6%
non-cumulative
preferred stock
(par value $100),. $525,400; common stock
(par value $L per share),'!
$227,424; premiums paid in on capital stork, net of discounts, $418,715;
:
earned surplus,? $4,089,4G0; ,total, $14,224,552.—V.
168, p. 25'43.,'/'
•;
.
June 30, 1949
—
$I;745,079
""Compares with net earnings of approximately $102,000, after taxes,
with net sales of $5,107,000
in'the same period last year.
tCompares
in? the like four months of 1948.
-
,
-r
--
.
CONSOLIDATED BALANCE SHEET, JUNE 30, 1949
in the "annual report for the year
July 30, 1949, stated that "Net earnings were ad- :
verseiy affected not only by the dedline in volume and ;
the continuing high cost of doing business;, but also by ;
hand, $370,345; accounts receivable)
of $35,187), $1,695,143; inventories
in process and finished products (at
lower of cost .or market), $6,241,043; prepaid insurance, etc., $51,315;
miscellaneous .investments, $117,916; claim for refund of prior years'
Federal taxes on income, $59,940; machinery, equipment, furniture and1
fixtures ' leasehold improvements, etc; (after reserves for depreciationand amortization of $1,343,842), $2,471,391; patents and goodwill, $1;
unusual costs incurred in connection with our
total,
(R.
H.). Macy
Co.,
&
-
•
Inc.—Annual
Report—JaCkr I.'
Straus," President,
ended
and
improvement program which has been
during the last two years."
expansion
in progress '
I*
.
I ("These costs; ' which ampiinted to $3,564,000 for the' yfear under )
review, and $3,135,000 for the previous year, represent extraordinary
costs
as
incurred
well,
as
executive
and
new
while
the; cost
construction
of
and
employment
alterations
and
training
were
of
In
new
personnel and other activities prior to the opening
expanded units," said Mr-. Straus who further added:
of
-"
our ;(
"
'
program
of the corporation's exparisioh and improvement
substantially completed at the close of ttte fiscal year.
was
•Capital'/expenditures
the
and
were
made
totaling
$14,084,000 for the previous
consisted
principally of
program
.
tions
to
large
addition
the
stores
in
San
Francisco
this
fiscal
puring these two
constructing substantial
$29,792,000
;
and
Kansas
City,
equipping
a
made'by the "landlord to the Atlanta store, the coneight new branch stores (Jamaica, Elatbush and White
Plains, New York; Mofris'town, New
Jersey; Augusta and Columbus,
Georgia; and Tiffin and Sandusky. Ohio), erecting a 400.000 square
foot warehouse for
Bamberger's, and completing two television stations.
struction
'
-
yeo+s
addi¬
for
year,
r
*
,
'
Of
.
*
reserve
of raw
in banks and
on'
for doubtful1 accounts
materials,
supplies, work
$11,007,094
:
BIAEILITIES—Notes
"
payable to banks,
$3,549,996;
other notes pay¬
accounts payable, $973,451; accrued wages, interest,
et6
$303 593;' accrued taxes, other than Federal Income tax, $234,392)
reserve
for Federal income tax,
$143,139; reserve for contingencies,
able,
$414,150;
stock of $1 par value, $659,898; capital
earned surplus, $1,745,079; total, $11,007,094.
capital
$350,000;
progress, **
staff and t
/'The major portion
year
ASSETS—Cash
after
•
-
2,777,404
865,345
Dividend
226,17^
paid^___
com.
per
taxes
Notes payable, maturing $500,000
for .self-insurance—
"226,134
outstanding
June 30
dividends
on
Pfd.
(incl. vacations)—.
Retirement-System Trust Funds
taxes
-
1,545,642
commissions
due
■'
$13,117,256 $11,369,493
accounts, payable
Customers'-
1946
228,387'
226,897
>
instalment
!__•
and
Federal
'
——
old
on
banks
Salaries
Amounts
tomers
-
"IV"".
payable
Collections
4]A%
V
227,424
June 30—4--'
.on
——^$130,329,957 $125,623,792
——
,
Accounts
crated/^nd
are
Total
240,644
.
etc.
______
a
•
Brewing Co., San Antonio, Texas
8,244,463
1,114,718''
„
corner
of
14,686,706
542,323
15,900,006
968,506
CONSOLIDATED
8,
of 19.6%.. After excluding
2.5% in the .corresponding
decrease
a
4,186,000
—
ASSETS—
Common shares outstdg.
reef
present production in the Diamond M field.
these extensions add very substantially to
which
acreage
northeast
the
mile
one
declared
;
atr
delivered aircraft
announced
14
well
1
11,988,731
;
.
.
.
r
provision
?
Lion Oil Co.—Extends Production in Texas—
test
divs.
tlncludes
,36,000,
LIABILITIE^—Trade -accounts payable, $1,455,628; employees' pay-'
roll deductions, $212,557; accrued payroll, $1,038,561; vacation and sick
:
.Lima-Hamilton Corp.—Receives Locomotive Order—'
ofk the
Earnings
,?
E. Cole, Republican;-of Kansas,
calling for an investigation. -
Lustron
$3,000,000
Number
J.;.,#■:
dividends
.
170,; p. 1397.,
Sales
taxes, as
investment com¬
7, 1949, $584,033; payable for
payable for securities purchased,
expenses
$5,337,435;
Sales
_
that
said
Earnings
Oct.
notes
$1,947,077;
special
Baltimore
:
Albert
Lustron,
Earnings before
Pfd.
$2,066,038;
payable
period End. Sept. 30—
See
36,000
/ McDonnell Aircraft Corp.—Annual Report—
.Years End June 30—
1949 V
1948
1947
:
Lerner Stores Corp.—September Sales Lower-
—v.
year,
8,614,760
,.u
695,637
fexpehsfeU
irtcome.
on
on
(Ky.)—Weekly Output—
local sales increased
..
199,502
■
debt
dn
v
tjh'e Lust/ori plant, with- ho • rakers,"-, he said.,
"The
problem of sales and distribution of these houses Is1 still as much a \
mystery as it was when President Truman approved the loan.
Neither .
RFC nor Lustron has any plan for its solution."—V. 170, p. 886.
.';
:
SHEET, SEPT..
accrued
treasury
and
ordinary income,
last
resolution
trailers
on
and
;
$56,843;
value),
in
investments
week
•
6,834,225
income
Cash
for the week ended'Oct.
compared with 42,141,000 kwh.
as
that its October production will be less than
hasn't been able to sell thtf houses in has produced.
income
"regulated
a
State
average
LIABILITIES—Dividend
purchased,
.Total
earnings
Cdsh'dlvs. declared
company
kwh.,
other utilities,
to
He
ended
receivable
(at
securities
this
of
33,876,000
./
1,118,707
number Y
4'';;v',.
even,
investment
less
.
Federal
for
as
months
receivable for securities sold,
and
interest accrued, $509,830;
U. S.
cost), $11,600,935; other securities (at
average
cost), $51,480,067;
miscellaneous investments and advances,
$1,368,072; real estate investment, $1; total, $67,199,064.
$174,121;
banks,
the
$584,166. S
..
in
from
Federal" taxes
,
36,000
-i.—
& Electric Co.
/
888,143
Net
.'----J.r-,,
*
•
2,039,857
■.
$883,698 f -$684,775
$992,H3
investments' fbf
on
$496,891;
provision
"ASSETS—Cash
Pancoast—"..
&
2,153,707
12,872,442
broadcasting, interestsources—."
sales of property
60,000
Co.
2,568,193
10,901,086
non-trading
interest, and
'.
Columbus, Ohio, firm that makes prefabricated '
houses, has been losing $1,000,000 a month and that' RFC has been
footing the bill to the tune of $37,500,000 since 1947.
94,874
$3,900; balance,
has
Robertsoil
introduce 'a
16,657
112,908
: $933,642
!
;
•
from
other
Income
Congress was asked Oct. 11 to investigate reports that there has ?
political intrigue, mismanagement and waste of RFC funds by <
the Lustron Corp.
7,113
li4,873
profit
prior
and
"
538,984
the
and
'-
$•
59i,996 '
362,097
current rates.
underwriters
309 '
17,924
was
Income
been
$803,418
5,797
and 1 amdftizatioh—
Income, from .retail operations--.-
Other
ordinary income_j
;The
'
Depreciation
&
expenses.--:
Sept/- 30,: 1949,
,.
+330,345
on
Loans Were "Misused'^J-
»
Registration trans., cus¬
tody of secS., legal
.auditing expenses
tBased
Aug. 2, '47
$
sales
Supplies and
■
:
8,442
,
>.
,>
Income
$65,101
237,774
.
July 30; '49 JUiy 31, '48
-
"
-
STATEMENT
(incl, leased depts.) 308,119,119 315,035,135 285,082,755
buying, publicity,- sell¬
ing, occupancy and admin, exps. 280,649,009 289,443,967 284,796,83^
Taxes except Fed. taxes on income
4,216,691
4,122,614
3,373,129
Maintenance and repairs!
3,410,062
3,603,221
3,673,030
Rent expense less rent ineome
3,374,078 *. 2,839,184
2,535,123^
.Lustron Corp.—Congress Urged to Study Charge RFCu
17,890
•1,220
$1,074,881' $1,129,455
for
(stock
.
$205,185
869,330
of-the
names
period.—V. 170, p. 1397.
10,813 ;
144,417
Net retail
Net
Excess Taxes
-
170, p. 984.
sales
727,796
14,749
Total
Prov.
30
Income and
"
Rauscher, Pierce & Co., Inc._—.
"Over
•J
NOV".
'
954,094
'
1949.
Co,-..
corresponding
13,282
902,040
52,409
ENDED
Net
•: Profit
INCOME
(Exclusive
$33,328,
19,123
8U05
YEARS
4,680.204
"Louisville Gas
1946
1,003,622
loaned-
secur.
on
EARNINGS,
CONSOLIDATED
Cost of- sales,:
-
V
a •*.,
23,643
Taxable divs.;In secur._
Inc. ,from mineral int.-_
com¬
-
410,910
Representative
1947
$39,551
par)
'
.
with
929,570
dividends
($1
249,636
ACCOUNT
1948
.
660,547
He
obligations
Ipt.
Cash
INCOME
was
stock
3,685,263
—v.
:
1949
shares
315,035,135 285,082,755 255,662,451
JFrdih Feb. 1, 1947.
$
of shares to be purchased by. each are as follows;
year
'
COMPARATIVE
charter
commori
308,119,119
„——
Se^t/l/11945.'
-52 Weeks Ended—
•"
Electric, output
second largest group.
The holding of
Petroleum, valued at $4,570,000 s. is
the
item.
of
Franclsco__
,
and the authorized capital "'
420,000
as
the
share
entire
140,000
,?
totaled
the
Amerada
portfolio
1949,
1,
value
the
by
_
UNDERWRITERS—The
$18,-
industry,
gas
conversion
represehted
was
-—J-
■",}%
j
73,455
Dewar,
SALES
Eh. 52 Wks. En. 52 Wks. En. 53 Wks. Eh.
Aug. 2,'47
Aug. 3,'40
$
$
$
184,672,027 165,799,596 151,789,247'
56,166,944
58,818,444
55,899,825
51,713,281
28;351,219 - 29,628,306
29,459,230
26,119,330
19,205,520
19,304,162
17,837,870
16,135,372
15,466,357
15,480,897
13,364,106
*9,904,721
6,471,825
7,131,299
12,722,128
Taylor
"From.
184,528
4'- v; Dittmar. &
oitr
182,457,254
Koch—_
Total
'
131,166
$28,-
same. 1948
and
San
John
'
$21,588,616, continues to be the heaviest among the
industry categories Into which it divides its common stock portfolio.
19
restated
"Eight months ending July "31,
of
value
&
Macy's
contained
preferred '
convertible
1948_i_t^—r__:^.i_L_ -
comparable
quarter
of
the'
securities sold during the quarter '
$534,166, as compared with $698,946 in the
The
market
the
of
to
been
having
such
Sept.
n9491.;___2_jr_'—-'3,773,235
the
on
company
Lasalle
315,694
liabilities, !1
amounted
1949
the
the
(par $1);
Y
&
tho
*
.
.
—
Davlson-Paxon
.
1,830,434
investments'?
miscellaneous
of
.
New' York—
L.' Bamberger
29;
$270,286
311,229'
-//
Sept;
on
figure
income
$933,642' against
and
',
appreciation
comparable
previous year.
2.1%-,
July
*
;Russ
decrease
$14,926,948, constituting 17.7% of the company's net assets as of
1949, i,0 $13,482,178, or 14.2% as of Sept. 30. V *
' ;
^ "Y"!
.Common stocks, represented 78.9%
of the value of net assets on
Sept. 30, as compared with 75%- three months earlier.
Bonds consti¬
2.5%,
On
...
M&cy's'
1,813,523
,
of
-
-
30,
tuted
*
No-, of. Shares
a
from
June
On
$3l par
stock
was
OF
to
operations
July 30,'49 July 31,'48
19472i:___—r_— "
!,!
by
accompanied
Government
each
common
1945.—7
'
salesv of
/
was
divide
Upon
company
stock.
common
to
as"
t:
the report, as of Sept, 30, 1949, signed by Robert Lehman,
reveals. Total net assets stood at $95,044,108 at the quar-'
■'* '''.
.'v.; I".,.
•'
■/- "*
Purchases of portfolio securities greatly outweighed sales during the
pfirlod. " Securities bought during the three months, other than U. S. X
cost
par);
-
•.
■
'
Governments,
the
of
~ '-sales
1944—' $1,703,605'
year,
President,
teV's end.
stock.
the1 company
'
"
the '
increased
of
quarter
($20
of
Net
corporation
first
holders
Stock
,
this
stock
chartfer
The
the
common
SUMMARY
(The) Lehman Corp.—Asset Value Rises to $48.82—/«;'
;Net
-
of
'
j
>
par)
so!
stock.
mon
Lear's '
active' part
an
-
.
retirement1
Since
into
into three shares of
7
-
director.
a
this year he has
early
preferred
permitted
outstanding capital
RETAIL
52 Wks.
*
redemption date.
In
accordance
with
these
provisions of
the
charter, all of the holders of the preferred stock converted their hold-
$4,812,833 $36,-553,761 $38,860,889 !
'Lear, Inc.—New Director Elected—
Thomas
net
*
420,000 shs.
,
the
1949—9 Mos.—1948
confidence
'
stock, in event of call for .fedemption, to convert their holdings of pre¬
ferred- stocky into common stock on the basis of one share" ($20
par)
preferred stock for one share ($3 par) common stock on or prior to
amended
from
difficult and costly
phase, we look forward with
gradually increasing opportunities afforded by the
newly expanded organization."
1949 \
1,
Outstanding
420,000 shs.
convertible
which
addition, it included alterations, major repairs and additions
to modernizing and refurbishing our other
properties."
'"Now," Mr. Straus continued, "that we have completed a major por¬
tion of our expansion and improvement program and
passed its most
-
$1)
1949, as-tht redemption date.
....
.
of Sept.
as
company gave notice of redemption of all of the outstanding
cumulative convertible preferred
stock
arid designated Aug.
30,
provisions
J Lane Bryant, Inc.—September Sales Lower—
-
cumulatiye
5%
.
1949—Month—1948
company
1949, the
$342,131
."■Including $121,505 bonus received under The Emergency Gold Min- '
ing Assistance Act,—V..-170, p..7;. -*
•
•
'
Period End. Sept. 30—
as
(par
and
sisted of
3.000,000 ?
$0.15
packaging
As of July 31, 1949, outstanding capital stock of the company con128,402 shares of common stock ($3 par) and 11,598 shares of
f
79,462
3,000,000
brewing,
Authorized
$421,593
.
.
$456,498
3,000,000
*
outstanding
of
distributes a lager type beer under '
Approximately 95%. of the company's ',
bottled beer and the remaining 5%
as keg beer.
18,379
.
$561,678
40,841
_
the business
Star."
CAPITALIZATION—Capitalization of
5%
.Estimated
Capital
in
In
incidental
brews and
"Lone
*'
investments..
Provision for taxes
engaged
Company
name
Capital " stock
1
is
company
selling
*
Income
i
Antonio, Texas.
$2,633,396;
340TE—Under the terms of
a
surplus,
bahk loan agreement which terminates
other restrictions, $828,683 of earned surplus
on
Dec.
15,
1949,
at
June
30,
1949 is restricted as to payment of dividends, other
Of the bank notes outstanding at June 30,
stock
among
dividends.
thari
1949,
and $749,996" is secured by pledge of account^
receivable aggregating $1,055,421.
'
•
'
Richard A. O'Connor, President, said the report was issued oh a four
month
basis, covering the period
from March 1 to June 30, 1949,
because
last spring
the company changed its fiscal year-end fT0m
Feb. 28 to June 30.
The change, Mr. O'Connor said, allows the com-.
pany to take inventory during the annual vacation period and avoldi
the necessity for an inventory shutdown in the first 10 days of March.
In the four months covered by his report, Mr. O'Connor said, "operaating losses were incurred as the result of the generally unsettled
$2,800,000
is
unsecured
.
i'
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(1498)
10
Monday, October 17, 1949"
<
*
brought about a
„
income
Other
Total
Income
expenses
stockholders
The
,
Previous
Total
$600,000.
surplus
Entitled
Dividends
stock
common
on
Earned
or
on
surplus,
(2716c
share)
a
but
$1,636,253,
was
at
aggregate amount
The
which
of
$179,060
distribution
represented
surplus
of
acquisition.
covering
an
692.
p.
SHEET,
securities
31,
AUG.
1949.
(subsidiaries),
;
,
"
,
.
-
The
Maxson Corp.—Sells. Holdings in Subsidiary
President, on Oct. 12 advised the stockholders that
this corporation has divested Itself of Its Investment in Victor Electric
Products, Inc.,
a
100% owned subsidiary, by sale to William C.
fihriver and associates of all that company's common stock.
Under the transaction, W. L, Maxson Corp. accepted in place of
its advances to Victor a $750,000 10-year 4% income note and $250,000
4% non-cumulative voting preferred stock. •..» \v ;
■ '.'/■
.
Month of August—
•Net
Revenue
passenger
Revenue
Inc. is engaged in the manufacture and
sale of fractional horsepower motors and electrical appliances, includ¬
ing desk,
bracket and pedestal fans, window fans, exhaust fans,
ventilating fans for kitchens and other installations, portabble home
ironers, electric heaters, and a new type of low priced washing ma¬
chine.- ' It markets its products under the
name "Victron" and also
produces appliances for other companies for sale under private brand
names.
Uniilled orders of this company at Dec. 31, 1948 amounted to
passenger
express
and
freight
sales
Mail,
express
and
freight
ton
•After
August,
1943;
4 :
•
*
offer
to
,
above
,
..
1298.
the total cost per mile.—V.
Murray
>,/
"
vote
Rosenberg, President, \on Get.' 6, announced that the
called a special meeting of stockholders for Oct. 24 to
increase in the authorized number of common shares
M.
upon
an
the
production
and
disv
frozen
a
high-
year.
its product
year.
for
next
year
The
funds
concentrate
vacuum
form, ;
The
process.
~
has
led
the
corporation
to
of
approximately three times
financing is for tne pur¬
working capital and facilities
present
for
'
.
TO
HOLDERS
of
OF
$2
PREFERRED
stock)
common
commoa
each
affect
to
share
prior
16
the
prior
exchange
stock
of
$2
at
the
the
right
rate
preferred
right
of
preference
STOCK
currently
exchange
to
of
shares
6
stock,
in
-
of
complete-
offer
will
upon
the
holders
expire
at
3
may' be
stock
effected
now
(EST) on Oct. 25, 1949,
the sale of the entire 120,000
by
offered.
./
to
surrender
V
:,
"
term loan, due Oct.
31, 1954___:_
$1.60 cumul. prior pref. stock
(par $15)
Common stock (par $10
cents).
.
exchange
preferred stock
$2
p.m.
consummation of
preference
of
stock.
Wall
5%
have
in
to
a
v..
Bankers
York,
of
Co.,
certificates
Authorized
$1,750,000
~
;
;
:
Trust
;
for
'
v \ ; ;
CAPITALIZATION GIVING EFFECT TO PRESENT
FINANCING
170,
—Increased Cash Payment Declared—
directors
by
Street, New York 15, New
the $2 preferred stock
to.be exchanged.
Declined 4.8%—;
/
>
Colony
the offering to stockholders of the
prior prefer¬
corporation is also extending to the holders of
its,
preferred stock
(each share
of
which
is-
$2
Exchanges
f
,
Miles Shoes, Inc.—50% Stock Dividend Recommended
Old
with
the
not
of
agent,
'
■
.
fiscal
contingent
shares
.-/v"-'..
•
the
OFFER
stock
does
is
and
XAdjusted.
August, 1949 were 5%
reduced
for
during
past
subscribe
This
64,534,
r
and
discharge of all rights of such share of
$2 preferred stock presented
for
exchange, including the right to accrued and
unpaid dividends,
which through Oct.
31, 1949 will aggregate $8 per share. This
192
74,871
.1
stock,
common
56.82%, '
212
principally
Juices
convertible into 5 shares
shares of their stock for
Operating expenses in August this year were $604,483-or 2% above '
the same month last year. The revenue plane miles flown were up 5%
- -
i.""v..'-""
'
'■
-
\
'
.
miles.1...
provision for income taxes.
Total operating revenues of $668,146 in
1949—9 Mos.—1948- '
$8,230,092 $51,858,754 $54,968,473
$7,835,018
■
/
this
Concurrently
" 8,731189 '
9,055,259
55.86%
i*
resulting in a decline of 1.7 cents In
1949—6 Wks.—1948
of
outstanding
99.97%
29,428
15,366,498
——16,211,055
:
tons
"
Melville Shoe Corp.—Current Sales
-Betall
/
1
,
York,
New
.
1948
100.00%
30,765
Co.,
••
temperature
demand
sales
EXCHANGE
J$22.140
i
miles flown
load factor——
Mail,
p.
*V-V. 170, p. 1084."
carried
flown...!
passengers
seat miles
Available
Revenue
/
.
fruit
raising additional
required for such sales.
.:
' $35,417
'
Operating efficiency
]' Victor Electric Products,
Period End. Oct. 1— -;
1949
profit
■.
^
was
of
ence
Mid-Continent Airlines, Inc.—Operating Statistic—
.
approximately $485,000.—V. 169; p. 500.
for
sales
LIABILITIES—Capital stock (4,960,000 shares no par), $83,900,000;/
accounts payable,
$160; dividend declared, $1,364,000; accrued taxes;
$121,010; capital surplus, $14,466,117; earned surplus, $285,627; total,
$100,136,914.—V. 170, p. 1398.
Leander,
A.
Trust
'
low
a
increasing
prepare
pose
,
of
appropriate
Florida
citrus
at
J
,
into
shares
With
incorporated In Florida April 12, 1945.
Foods, Inc.- Name was changed to Vacuum
1946, and again changed to its present name
of
of
three
stock,
upon
holder
corporation has been expanding rapidly, and its sales for the
past
fiscal year ended July 31,
1949, were approximately 23A times the
sales for the preceding fiscal
•
miscel-
$94,008,996;
-
(W. L.)
H.
■&
Bankers
Agents:
name
produced
laneous investments, $9,554;
cash in banks, $5,579,472; special cash. t.
deposits, $468; dividend receivable (associate company), $510,003; other >'■
current assets,
$2,234; deferred charges, $26,107; total, $100,136,914. •
statement with the SEC
its capital stock.—V. 170,
filed a registration
additional 1,409,792 shares of
excess
Co.,. Boston.
tribution
-
\
BALANCE
Trust—Registers Stock—
has
company
in
the
of
rate
ti
,
of
of an annual sinking fund beginning in 1952
25%
of net earnings, as defined,
after preferred
amortization payments required on long-term debt,
of $750,000 in any one year.
Corp. in April,
October, 1949.
corporation is engaged
in
this period
in
the
preference
benefit
of
any
COMPANY—Corporation
under
$285,627
of dividends from subsidiaries
at
prior
of
The
•The
ASSETS—Investment
Massachusetts Investors
not
Trust
,
; c
the
to
amount
Transfer
1,364,000
——
1949———..
31,
Aug.
at the option
1955
corporation
Foods
of record Oct. 17, 1949 will be given the
before Oct. 31, 1949 for additional common
stock (par $10) in the ratio of one share for each six shares held. In
addition, stockholders will also be entitled to make additional subscrip¬
tions for such shares as shall have been unsubscribed for, subject to
Allotment.
The subscription price is to be determined shortly before
the offering Is made.—V. 170, p. 1298.
;
.
.
/
subscribe
the
$1,649,627
———————
the
share
provisions.
dividends arid
402,941
surplus.
of
per
in
86,000
$1,246,686
earned
at the option of the corporation
share plus accrued dividends
part,
per
.
stockholders
The common
right to
124,645
income
on
Income
Net
Stockholders—
the creation of an issue of
which will be sold this year
approved
13
Oct.
on
30,000 shares of preferred stock, par $20,
approximately
taxes
stock
stock
anti-dilution
$1,457,331
——-
...
Federal
for
—
...
in
or
$31.50
at
through Oct. *31,
common
138
Co.—Preferred Stock Issues Au¬
Maine Public Service
whole
in
notice
common
Provision
thorized—Rights to Be Given Common
days'
Convertible
*$1,457,193
(consolidated)
subsidiaries
from
30
..-.t,'.--
.«»
income
Total
for
1949
Callable
THREE MONTHS
ABOVE)
(COMPANY
ENDED AUG/ 31,
r
,/
,
Gross
lowest replace¬
788.
Our inventory was written down to the
and is now in a current position."—V. 170, p.
charges.
tion
ment cost
INCOME
STATEMENT OP
condition which prevailed the first half of 1949 and which
serious shrinkage in our projected radio-phonograph
and television sales, resulting also in general price reductions.
More
than half of the loss comes from inventory write-downs and cancella¬
Industry
;
*Outstanding V
V
$$1,750,000 '
/
120,000 shs.' >
120,000 shs. f 1,050,000 shs.
^ 636,178 she.
v
.♦Assuming that, all holders of 53,978 shares of $2
preferred stock '
accept the exchange-offer.
tOf which 360,000 shares are reserved
for conversion of the
prior preference stock, 269,800 shares are
reserved/
.far conversion of the $2
preferred stock, and 7,800 shares are now
reserved for issuance to
employees at a price which may be less than
$10 per share.
JCorporation borrowed during the fiscal
year ended
July 31>i 1949 a maximum of $3,100,000
for
>;
»
from
Ltd. (& Subs.)—Earnings
Mexican Light & Power Co.,
300,000 to 450,000 shares.
.
the
At
time, the board voted
same
■
.>
period End. June 30—
Gross
(In Canadian Currency) '
1949—Month—1948
oper.
$1,454,801
incl. deprec.
exps.,
Net
oper.
fr
Is
be
It
mailed
•>
$973,425
$885,533
1,076,000
1,110,000
$109,733
171,000
185,000
share
Oct.
deficit (subject to
.
31,
those payment of which is
available income but not including arrears thereof).
(including
stock
NOTES—The
;;
"^ps^ible,
but are
&re made
up.
•
and deben¬
dependent upon
-
1949
reduced,
are
compared
with
1948,
as
result of
a
Miller-Wohl
-v.
oper.
45,932
Operating (revenues
-Operating expenses
"Operating taxes
tion
of
™
at,
Net
■
8,587,551
"
~
first
income
$1,276,427
1,100,811
:"Net after charges—...
682,101
time
wholesale
this
of
(
corporation
7,802,000
.
H
kwh.,
or
■;>
Oct.
10.4%,
Other
income
Federal
Other taxes
f-
•
5
reserve
Net
1,902,587460,899
'
-
8,3li,094
'1,464,813
.
8,263,479
64,240-*
appropriations
.
2,273,621
-
2,295,741
•
-
8,868,000A
-
has
Other
income
Gross
Int.
on
Other
income
364,500.';
89,250
:
income
long-term
interest
debt
__
Amortiz. of utility plant,
5.
acquisition
Int.
chgd.
Other
$3,352,119 $16,486,016- $14,122,226
63,044' ~
37,169
218,252 \
143,036
adjusts—
.
to
.
64,779
-
'
Y"
64,779
>
259,116
construct.;.: Crl90,27l:,1 Crl08,620
:
(net)
44,555 - :+ 16,402
259,116
Cr627f871,v' Cr363,706
228,715 '
,
v
to
•
Net equity of parent
co.
in
income of
subs, consolidated
Middle South
Other income
' 1.
•
-
/,
.
$138
Income
share
-
-
-
•'
earned
to
124,645
_T__
of
the
offer
New
V
-
Entitled
•
;
record
rights
Oct.
new
the
will
Holders
of
share
of
one
expire
are
full
3
at
stock
share
p.m.
payable- at
have
the
the
stock
common
prior preference
nearest
subscribe
to
10.
$2
been mailed to
preferred stock
stock for each
subscribe
may
for -each
five
(EST)
on
Bankers
Oct.
Trust
25,
one
The subscrip¬
1949.;
Co.,
for
prseent shares,
of the: latter-stock.
16
provisions
to
of
the
preferential
-
prior
preference
dividends
of
40
stock
cents
to
$3i;50
per
share
in. voluntary
1
-
share
liquidation. and
Involuntary^.liquidation, plus accrued,, dividends.',f./j'-i
v
JULY
'
31
1948
1947
$453,919
2,031,102
443,173
1,600,017
766,017
261,296
$175,148
•$252,555
4,717
3,473
$1,527,818
$179,8p5
,30,299
•$249,082
J
179,24|
440,000 :
$2
12^,006
•
'
$908,577,
•451,311
•80,223
$60G,832
pfd.
$149,566
•301,745
1
on
l).—D—t—
•$301,745
•$451,311
•$301,745
•$451,311
stock
27,139
$579,693
'$371,088
deficit.
of
names
the
Jackson...
first
Boston
Corp
&
:_15.00%
i
r
—
&
Hornbloweri
M.
W.
&
v*
t
■i
>
/
to
Reynolds & Co.——— 4.00%
4.00%
E.
-
H.
Stein
1.25%
&
Rollins & Sons Inc.- 4.00%
Bros.-& Boyce—— 3.00%
Stifel,
Nicolaus &
Stroud
evivuu
&
Co.
i.u.
»
cost
proceeds
more
will
than
Stubbs.
1.25%
.
<
toward
go
j:
a
$16,000,000.—V.
program
169,
p.
If
'•
of expansion
2211. r ;
estimated
to
Motorola,-Inc.—1Television Sales Up Over 400 %—
A4
all-time
was .achieved
•,.
x.zdy<
1.25%
&
i.:
preferred stock.' w">v'r
"•*' The
/
Co.,-Inc. 1.25%
Inc.
juu.
Whiting, Weeks
Missouri Power & Light Co.^-Additional
Financing:—
1,/President
.
-
-
Co.—_ 1.25%
Gardner— 1.25%
Reinholdt
1.75%
Co._
•
& Co
4.00%
California— 3.00%
of
Northwest
4.00%
Co..—__ 2.50%'
Co..—_ 4.00%
1398.
p.
Co.
1.25%
—_.4.00%
The company: has-asked-the-Missouri
P. 6. Commission for
authority
issue $2,000,000 first
mortgage bonds and 20,000 shares ($10o; par)
;
•■.
170,
Pacific
&
v
.Co.;
«■- "s"-
Weeks———z. 4.00%
Kidder &
C; Langley
—v.
&
Securities
Moseley & Co.
Pacific
•
Co.—4.00%
Granbery, Marache
S.
E. M. Newton
-,
r-auwy C
Coburn & -Middlebrook
Inc.
Fraiicis I. duPont &
Co.—
Estabrook
F.
Co.——15.00%
-
j;
follows;
as
Maine
xo.uviyr
15.00%
Reapath
'
are
,
Webber,
in
high in television set
by this corporation
Dollar .volume, sales
sales,
quadrupling
1948
figures,
in-September, W.-H. Stellner, Vic«-
charge .of
merchandising,
of
/were up 424%- over the
the
same,
-
firm's
reported,
1950 -line -of
period for
at a rate 403%
on
1948.
Oct.
12.
television
•
-
-■
receiver:
Unit sales were
runninf
greater than sales in September, 1948, yvith no
slacken¬
in sight.
./Although all our facilities, including our new televison
plant com¬
pleted this summer, are now operating continually with- two
shifts, w<
cannot possibly meet our
orders,/ Mr. Stellner. said. Motorola institute!
allocations to distributors in August, when
shipment of its 1950 lini
began, "We Will certainly have to continue allocations at least
througl
Christmas," Mr. Stellner continued.—V. 170,
p. 1398.
ing
.
Mountain States Telephone &
Telegraph
Period End. Aug. 31—
Operating
1949—Month—1948 1949—8 Mos.—1948
$7,163,297
$6,449,718 $54,023,645 $48,194,95!
24,757
13,952
202,826
,161,96!
revenues^
Uncollectible' oper.
•
/
Co.—Earning:
rev^
..
...
Wall
follow:
per
not,
prior prefer¬
become part
$2,972,267
pn income
Parker
A.
new
Feb., May, Aug. and Nov/ cumulative from Nov.:, 1, 1949;
Entitled
$2,240,080.
of
/
ex¬
$8,308,207
expense
_Li
taxes
White, Weld
;
•
.
J.949
Street,
V'/
•
«
."
payable
-•
?
$30
in
Operating revenues—1 $7,137,540
Operating expenses
5,658,940
Operating taxes
794,825
Net
operating income
charges
Net
after
—V.
170,- p.
984.
-
.
,
issued
11,192
Auchincloss,
*'
measuring
York.
Certain
consoL
surplus
representing
Subscriptions
on
Bal. carried
I"
.
-
A- Offering/of Preference Stock—
right to subscribe to
share. ■ .Holders of the
calculated to
-
86,000
—
control ^ apparatus,
■:
being
/
ENDED
•
;
be
$1,516,626
Curtis_
The
,
the
present
/.
tion
on
&
.Oct.
on
Minute Maid.Corp.
;
have
$8,418,248
$2,450,725
Total expenses :—^
Prov. for Federal taxes
and
'"V/-
corporation
Paine,
..
headquarters
shareholders
$1,960,046 $10,183,041
-
Total income
Mr.
.1
,
is
corporation.
INCOME—YEARS
surplus at end of year—
or
1
for
not
underwriters and the per¬
centage of the 120,000 shares of
prior preference stock not subscribed
for through
exercise of warrants which each
underwriter hds agreed
to purchase from the
Janitor,
new
Warrants
-
$2,450,587
Utilit^s, Inc.:
——
Electric
Paine, Webber; Jackson & Curtis, The First Boston* Corp.
and White, Weld & Co. head an underwriting group for
an
issue of 120,000 shares of $1.60 /cumulative prior
preference stock (par $15) of which 116,440 shares are
being offered to holders of the corporation's $2 cumula¬
tive preferred stock and common stock at $30 per share.
(Company was formerly known as Vacuum Foods Corp.)
243,473
$2,884,156. $2;375,926 $11,930,602 $10,147,921
/
public 4,
400,384 ; r 400,386
1,601,542
1,601,544
Portion of surp.. applies • ;
1
,1
^
to minority interests.,33,185
-25,494
146,019
128,129
'
to
the
UNDERWRITERS—The
"
1
of
OF
charges
•Loss
and
may
proceeds of the
added to and
be
4il6VlUC
Earned
offered
now
the
operations
Balance
Dividend declared
^
.
•
according
householder,
will
Net income for the
year
1
Earned surplus at
beginning of year
,
.
'
$4,117,718
$3,389,288 $16k704,268 $14,265,262
1,245,225 ;'V< 978,397 '
4,646,234 '
3,742,991
69,274
62,404
267,472
235,467
deductions
dividends
-
their
5,191,564
Provision/ for Fed.
supply
of this company for . the New York area were
14 to its newly constructed building, in Ridgefiekl^N. J.
building, the firm's largest branch office on the-East Coast,
will provide, approximately 100%
more space than the.former office
at; 155 Avenue of, the Americas,- in New-York • City.
The company's
increase in business activity made expansion necessary,. the announcement said., .The new building, containing 53,500 square feet of floor
space,, was begun last April and was built'by the Bonnano Construclion Co. of Union. City, N. J., from whom it is leased.—V- 170, p. 1398.
'
Balance
Pfd.
the
by
and valves.—V.">170, p. .1299.
The
354,199
.
$4,054,674
(net)
and
contractors
Minnesota Mining & Manufacturing Go.—Shifts Headquarters—^•.
;
•:
;
The
_
heating
by
railroad
shifted
Operating
handled
been
of
proceeds
——
Installation
household
for
controls
of
allocation
l:
from
effected,
;
stock
income
Other
explained; is derived'from Industrial, air
/ devices
8,038,857
^
93,000-
...
distribution
M-H
conditioning,; aviation
-
$4,147,674 * $3,441,369 $16,850,516 $14,476,425
Rent for lease of plants ,'
Other
and Minneapolishardware markets, he
'•<'
YYA ■;
U. ,S.
'Y- ':Y: YY.
company's annual volume, he
256,958
-
revenues.^
...
7,340,851'
256,958
retire.
or
(net)
'
funds
sales
Profit
acquired,
been
major
all
enter
Michelson. v .,
Among the many other control devices made by the company, and
recently adapted
to
the retail store requirement^
are
the plug-in
Chronitherm; the-"Powerpile" self-generating control system for. gas
heating plants and the TIme-O-Switch.,
Around half of
this, company's
postwar sales volume,
averaging
well over $60,000,000 annually, has come from household controls, a
field it pioneered in 1885, Mr. Michelson estimated. The r«st of the
6,616,366
1
64,240
of
if
months.
preference
Selling, admin, and general
Michelson,
shipments of which are being made this month. It is an electrohydraulic temperature control system for hand-fired furnaces,- con¬
sisting of thermostat,
motor and
pump,
self-contained and easily
40,121,185
1,620,941
"
Cost
first
$86,626,549
8,193,728
-
403,482,
have
outlets
to
for
installed
-
general
financing,
Sales, less returns and allowances—
the distribu¬
in
Arnold
use,
•
1949—12 Mos—1948
2,074,662
r-
household
at
reimbursing the treasury for plant expansion
increasing working capital.
Corporation has
,
^
many years by the heating contractors.
Hardware
store
"staples" will
include the new
'•
-2,183,602/ 1,898,366
'
vided
-
10,745,062 •10,513,577
42,157,733
1,911,377 V 1,740,245 '
7,522,924
utility plant
adjusts...
oper.
.♦:
■
taxes...
taxes....
deprec.
ACCOUNTN
1949—3 Mos.—1948
acquisition
Prop,
INCOME
the
This
y
Mr.
without
subsidiaries
of
$23,689,062 $22,431,682 $93,734,279
———„
Amortiz. of
•
input
System
prior
however, made specific
ence
stock, and these
distribution set-up,
82,442,000 kwh.,
an
increase of
the corresponding week of last year.
over
•'
Maintenance
Federal
the
several
the
of
Michelson said, The new departure in the Honeywell
he explained, is designed to reach the mass market,
infringing on the market requiring installation service pro¬
houses,
to
CONSOLIDATED
Operating revenues
Operation
_■
1949,
6,
amounted
Period End. Aug. 31—
Subsidiaries:; •' • • *.•». *
:><■?
ready
Heretofore
ended
purposes.
for
purposes of
penditures and of
>:.v
-
authorized
debt
$1,750,000
corporate
Expanding
—*■
factor
Important
an
for
::-Y-
customarily
week
\
be
soon
controls
is
Middle South Utilities. Inc.—Weekly Input—
the
funded
the
PURPOSE—The
first
added.
V. 170, p. 1085.
For
of
of
consummated
Vice-President, announced on Oct. 11. This company
such equipment
at the National Hardware Show for the
on
Oct. 12 to 15 at Grand Central Palace.
Honeywell
5,132,665
6,614,308
will
stores
automatic
additional
$5,900,750
$8,413,417
general
*VVU*
8,413,762^ 0,7271499
„
$809,382
PRIVATE FINANCING—The
stockholders
in October, 1949, the issuance
by the corporation of
outstanding at any one time;
It is the
corporation, if satisfactory terms can be
arranged,
to place
privately a loan of this amount, and to the the
proceeds
for the
refunding of the existing term loan of
step in broadening M-H merchandising and distribution
practice occurred about a year ago, Mr. Michelson said, when market
testing
was
begun
in
selected
areas
with the cooperatlbn ol 31
wholesalers and several hundred retailers of hardware. Since then 14
60,491,363
67,799,227
1,209,359*8;/: 813,602
:
operating
"
7;856,197
A'"
Co.
.
.
meeting
intention
-
Region
exhibited
.^$11,073,337-!'$9,479,181 $84,626)406 $73,119,612
—
J}
Regulator
Controls—(
Eastern
The
U
PLANS
$2,000,000
Distribution Procedure to Garner Over-Counter Sales for
1949—8 Mos.—1943
$9,519,688 $84,984,475 $73,462,369
40,507
358;069
342,757
$11,119,269
I
170, P. 1085,
..
STATEMENT
' 1949—Month—1948
rev..
be
Minneapolis-Honeywell
Hardware
revenues
to
the devalua¬
Michigan Bell Telephone Co.—Earnings—
Operating
shares
'
'
Co., Inc.—September Sales Drop—
1949—Month—1948 " 1949—2 Mos.-^1948
$2,534,488
$2,966,336 $4,455,889
$5,263,591
;
-
Home
5Uncollectible
will be payable upon the increased
authorized. The company has paid
dividend
repaid.
annual
Period End. Sept. 30—
Sales
te® of the peso which took place In July, 1948.; The-average exchange
Jiatg for June, 1949, was 8.39 pesos to the dollar as compared with 8.05
pesos in May, 194$, and 4.86 pesos in June, 1948.—V. 170, p. 1085.
Period End. Aug. 31—
cash
common
been
•
•
for
above figures have been approximated as closely as
subject to final adjustment when the annual accounts
'''
' '::Y"Y .v-.":. .V-':'-.
A"';- v
Exchange conversions have been made at monthly average rates and
dollar equivalent of both the gross earnings andt- operating expenses
of
of
29.
common
charges on bonds
interest and sinking fund
annual
^For
-
ture
This
Oct.
working capital purposes
—$1,500,000 under the 5% term loan and
$1,600,000 under an agree¬
ment
providing for seasonal loans.
All of the seasonal loans have
declared a quarterly dividend of 25 cents per
stock, payable Nov. 10, 1949, to holders of record
also
common
1949.
This
meeting.
quarterly dividends of 20 cents per share on the present outstanding stock, with an extra year-end dividend of 45 cents in January.
The corporation operates a chain of 126 shoe stores located in New ,
York
and adjacent states with approximately 60 stores in the New ~
York metropolitan area.—V. 170, p. 400.
v
Y/YY
$224,467
$102,575
$75,267
$111,778
—
the
shares
on
stockholders'
the
1949, to holders of. record. Oct.- 25, ;
representing the stock dividend will
31,
Oct.
stockholders
at
action
that
expected
to
on
number
above)
be
directors
The
$59,222
income
accrual—-—
•Monthly
payable
1949.
10,204,381
8,989,167
will
-
.
.
-
favorable
dividend
$9,962,593 $11,089,914
$1,877,730
1,767,997
-1,395,579
from
earns,
toper,
contingent, upon
1949—6 Mos,—1948
stock, dividend of 50%, ;l
a common
$6,435,766 $53,820,819 $48,032,982
4,938,175
43,244,993
37,907,374
837,181
5,828,380
.5,455,678
$683,775
$660,410
$4,747,446
$4,669,934
515,737
'■>
500,010
3,411,238
3,401,89:
THE COMMERClAL^&.lFINANClAL
Volume 170.. Number .4847,
'
Mutual Life Insurance Co; of New York—Two Assistant MedicalDirectors Named—
Dr.
Edwin
/-
V
to
:
and
Assistant'Medical
'Hampshire-. "
.
Nash Finch Co.,
Oct.
shares
V Stock
&
of
3
letter
a
Minneapolis, Minn.—Files
of
stock,
common
notification
with
filed
was
booklet
The
•
that the " System'" serves
:
day;—V. 170,
a
.
New
p., 1398.
a.
*
Net
earnings before Federal
to
customers-;.—
share.
M/.Dain,/
of-outstanding, promissory notes for
•-•••
'
Federal
740,193
income taxes__—
taxes—__————
income
1,481,402
notes
These
In
held
are
ami
the
by
Net. profit
amounted to $8,350,792,
compared with $8,707,733 as of June 30, 1948.
Cash, balance as Of
June
30, 1949 amounted to $1,263,936 compared with $631,929 on
June 30, 1948, an increase of $632;00T.
Total current liabilities as of June 30, 1949 amounted to $880,585
Cbmpared with $1,195,115 as of June.30, 1948.
Working capital as of June 30, 1949 amounted to $7,470,207, com¬
pared with $7,512,618 as of June 30, 1948. The ratio of current assets
to liabilities as of June 30, 1949 was 9.5-to-l, compared to 7.3-to-l a
of
as
June
30,
1949
one
First
$10,300,000
of
Bank .of -Boston-.; and.
;
1193.
.....
The
In TJecember, 1948, the company borrowed $500,000, payable in equal
instalments on Dec. 31, 1949, 1950, and 1951. In June payment on the
Instalment was anticipated so that as of the close of the fiscal
first
outstanding $333,333 due
December, 1950 and 1951.—V. 164, p. 1874.
there
year,
was
f
in
equal
instalments
.
year
ago
....
,
vOn Oct.
bond
1949,
15,
of
for
Federal
income
tax
unrealized
on
appreciation
at
170, p. 791/
Philadelphia Co.—Court Upholds SEC Order—
Federal
-The
SEC
Court lofj Appeals at Washington Oct.
10
directing the company to dispose of its natural
order
erties and
upheld
a
gas prop¬
transportation Interests.
5
:n-
The court'also upheld-the SEC -in directing that the
company- disi
solve and liquidate, as a public utility holding
company.
' »•
The tribunal was unanimous in. finding that
Philadelphia Co., as
two^lnsurance companies.—V. 170, p. 790.
now
constituted,
violates
the
Federal
Holding
i
Company. Act.
Gas properties ordered disposed of
include holdings in Pennsylvania,
Virginia and Kentucky.
The transportation interests consist
of Pittsburgh Ry. and 54 subsidiaries which
operate the public trafasi^
system in the Pittsburgh area.
'
7
;
West
New York Water Service Corp.—-Rates Up—
v
Rate increases estimated to provide approximately a 12%
increase
operating .revenues went into effect at the company's Merrick
plant on Oct. 1, 1949, it was announced by the company on Oct. 7.
—V. 170, p. 1085.
.
the following distributions, per share, were paid
30, 1949 (all from investment income):
on low-priced bond series, five cents; on
The
(J.J.) Newberry Co.—September Sales Increase—
SEC's order
,
speculative series, four cents; on automobile shares, six cents; oh lowPeriod End, Sept. 30—
1949—Month—1948 •
1949—9 Mos.—1948
priced common stock series, four cents; on metal shares, four cents;
Sales
U—
$11,118,932 $11,084,589 $88,445,054 $87,318,477
on
steel shares, seven cents; and on First Mutual Trust Fund, five V
—V. 170, p. 1085.
'
.
■,
Cents.', 1'
V//;
Ott Oct. 31, 1949, the following fund sell ex-distribution (the amounts
:
Northeast Airlines, Inc.—Earnings—
all from' investment income) are estimates of such distributions, per
1948
v
1949;
Eight Months Ended Aug. 31— ;, ,1
share, payable Nov. 15, 1949: Oh balanced series, nine cents; on pre¬
;
ferred stock series, 10 cents; on stock series, eight cents; on selected $149,957
♦$746,477;
Operating profit
groups series,- four cents; on railroad series, four cents; on railroad;,
v.^Loss.
'vV*
;l-V'*v'^
'-v'-.'r; •'
equipment series, five cents; and on retail trade series, six cents.—
NOTE—Company had Its most profitable August since the; beginning
V. 170, p. 496. ' /
of the company, the operating profit being $130,626, the highest of any •
August on record.—V. 170, p.,1194.
f: / • '
National Shirt; Shops of Delaware, Inc*—Sept. Sales-^-
issued
Philadelphia
the court
carried
was
case
—
.
was
In 1947
after
long hearings.
"n*vAppeals by Philadephia ^Co.
and its New York
parent, Standard Gas; and Electric Co.
«
In upholding the SEC the court said the Commission was wltttlh
its rights in ordering disposal of the
properties and liquidatiorL'-of
The
record Sept.
six* cents;
series,
;
a
f
-
value
allowance
an
•
•
asset
both dates.—V.
in
On
1195.
p.
^
September,. 1949, against 139
fier share on ■ 882,000 shares of this corporation
outstanding at Sept. 30/1949 was'$15.20 as. compared with $14.41-per
833,000 shares outstanding at Dec, 31, 1948, after providing
,
in
National Securities & Research Corp.—Distributions—
to shareholders
—V. 170,
1949—9 Mos—1948
•
$3,829,578 $33,982,169 $33,504,420
142 stores in operation in
were
share
expects to replace its $2,125,000 4 V* % first mortgage
bonds, due 1966, with a longer issue bearing interest at 3 Vi %
and
due 1975, according to reports. It is expected that the company will
privately to
_
u
company
sell the bonds
$
Petroleum Corp. of American-Asset Value Up—
,
(
.
1949—Month—1948
$3,686,512
—-
There
Richmond Gas Co.—Probable Financing
&
$
76,088,662 79,252,860 581,667,201 577,526,930
Period Endv Sept. 30rSales;——
Guaranty . Trust Co., of New York -has .been appointed trustee,
registrar and paying agent for an issue of $9,120,000 2%% equipment
trust certificates/
(fifth...equipment trust of 1949), due in annual
installments of $608,600 par value beginning Oct. 1,-1950, and ending
Oct. 1, 1964.—V. 170, p. 1399.
New York
^
1949—9 Mos.—1948 ;'
>
Peoples Druff Stores-, Inc.—September Sales
Off—; f /t
,
New
p.
$
year.
National
The
.
ago.
year
1949-i-Month—1948
S
—V
New York Central RR.—Trustee Appointed—
$897,339 /,
$461,193
— •
assets
current
•
$
Net
Total
stated
(J. C^) Penney Co.—September Sales Lower—
trust
October, 1948 —V. 170.
584,063'
279,000
•
■
Period End. Sept. 30—
companies.; They were issued .under a '
England Public Service's prior lien *
preferred rstocl?.. -This' plan provided that New- England would sell
enough of its holdings of Utilities stocks within one year to repay
the -loan. ./.,/. :
' 1
' >■
'
>"■.
The SEC also approved a year's renewal of the Outstanding notes
1949
1948 *
$14,581,540 $15,704,992
/ *
————
.-
The, company, won permission of the SEC Oct. 11 to renew
Subs.)—Earnings Decline i
^ ^
'
:
sales
.
.
It'-was
>
i-
England Public Service Co.- -To Renew $10,300,-
four-other/banks
Years Ended JUne 30—
similarly Interested in .the, operation of 22 theatres .
of.Michigan
•,'
that the. offering is being .-made in
conformity with the plan.-of reorganization of Paramount
Pictures as a result of the
recent Consent Judgment.—V. 170, p. 1400.
'
329,000
000 Notes—for 800
wiH.be Sold by -W.K. -Nash; a Director. Underwriter, X.
Net
than
representing a-population of nearly 900;000. It has .a total
generating capacity "of 184,000 kilowatts, and its combined
gas .plants can manufacture more than" 90,000,000 cubic feet of gas
1947- plan- for--retirement
-
,
customers
Co., Minneapolis.
National Casket Co., Inc. (&
more
it
(1499)
Theatres ,Co, is
In smaller towns
.<■''/.
-
points "out
') electric
—
the SEC
$15 »and $17
to be-offered between
.../
'
:*
On
in Massachusetts,-.Maine and New
panics that serve 105 communities
-
;
Dr.Frederick' A. Waldron have been -adDirectors, it was announced on Oct.' 6
by Leigh Cruess, Vice-President and Chief Actuary. The -new appointees, members of the American ^Medical'Association; have been home
office medical examiners for the past two years.-—-V. 170, p. 595.
vanccd
-
Jr. -Qulnn
■
CHRONICLE
Co.
as
to
the
Court
holding
a
of
system.:
Under
the
SEC
add
order
-decision, the Pittsburgh firm is permitted to retain its elec¬
tric utility interests.—V.
170,
1086.
p.
,
-
.
.
Philadelphia Electric Co.—Weekly Output—
,
The
electric
.
'.i
Period End; Sept;30—
Sales
;
—
..1949-UMonth-T-1948
1949^9 Mos.—-1948 !: y,.
$1,126,607 $10,044,626 , $9,527,959 /
$1,052,360
—
■
3,475,000 kwh.,
v. 170, p. 1400.
1
"
Electric
a special, offering Oct/13 en the' New York Stbck
Exchange of a Mock of 25,600 ^shares of: common stock
(par $3)." The stock was Offered at $31 Vz' per share.
—V. 170, p. 1302.
;
:, i
■
-i
.
.
.
..
.
>
.
/• ,.
.
-
......
Pittsburgrh Plate Glass Co.
.
Norwalfc.Tked^R^her'Co/--*NGlnterest—
~/T National "Viiteanized Fibre Co.—Partial Redemption— j, V,'
...
made
r
this company/for the week ended Oct. 7, 1949,
as compared
with 63,150,000 kwh. for the
year, an increase of 2.2%.—V. 170, p. 1399.
outputvof
,
"•
'
,
totaled-64,556,000- kWh^,
1949/had 92 stores in operation, against •
corresponding /week last
ago;—V..170, p. 98$.
v^r' ;*V
/h>
"/
r//■..;y-./•,
V'
The company in September,
89 a' year
.
; " ••• ; " '
''
+
Philco Cprp.-r--Special .Offering—Smith/ Barney & Co.'
"
,
Northern States Power Co. (Minn.) -^-Weekly Output—
•
output- of this company, and Its subsidiariesrfor the
8, 1949 amounted to 143,197,000 kwh., -a decrease of
or 2.4%, from the corresponding week of last year.—
■•-;
/ '
'■
week ended Oct.
.
,
.'■{ :
;
•*
-Winddw;Sill Line—
"f/"""///.,
•
,- -
'
-|
-
Offers
—
'
['
,
"
nil"
.
^
Carrara: Glass
t
"
The protective: committee Jot. .the" holders oC.The <4.% .convertible;
fThe >company.'WEl/niffer,.complete ^ine' of standard '•Carrarw strucThe™cOmpany has called for redemption on Nov. 14/ next/through
debentuies
due April 15,
1958; 'has Vbeem&^vised^^^that,%tl^/ixiifetee
tural-glass rw4ndow .sills, .it--was^announced -on Oct.- 8 • by 'Georgent."
; Operation' or the ^sinking fund, $75,860. of 4V*%
sinking fund debet*- -■/<
appointed by the jCourt doCsnot.Intend to pay the^emi-a'unuatHiitetes.t-*
"Manager^Structural Gifts* Sales
•
-tares due Oct. 1, 1960, at 103. and accrued interest. Payment will be •
on ^^ese debentures due"Oct. IS,' 1949
and it is not believed That'.the. -^ f^rieed -comperitiifely 'with
made at The Marine Midland Trust Co.
marble of ' the same thicknesses, "the
of New - York, trustee; 120 /
Court would'authorize this payment.
V. 170, p. 308.
7
-/
/ -. ' ;
( -sills/ will'be' fumished in -black, white, gray, Ivory and -tranquil, green
Broadway, Now York,. N. Y.—V. 170, p. 693.
■'';/>•/ v'"ir/
.
;
;
in IVi-inch thicknesses, and in all the aforementioned colors, except
Ohio Bell; TclcphOlie "Co.—To .Sell Stock— , t
rn.«
Tranquil'rgreen ;4n.^%-inch--thickne8se3, It was stated.
I "V
-
.
.
^
^
^
.
..
_
.
,
.
.
,
.
.
.
,
7*'.'
if"—
"
.
HNew Bedford Gas £ Edison Light Co,
demption—
" • >;v
.ii.
-.f,
^.Thefe have " been
?
.
Partial Re¬
''/
-'
for
All
.
• '
•'
.
and
properties.—V. 170,
;
,
■'
The
subscription
primary
shares
to
subscribe
privilege
the
in
which
ratio
of
permitted
share
the
in
additional
SUBSCRIPTIONS—The
Association
Oct.
Gas
is
-V.
^
holders
"
for
-with
designed
the
The
acquaipt
shareholders,
operations of the Association
booklet,
called
"A
Tour
System," takes the reader
on
of
an
and
New
customers
$668,837
137)000
254,200
Federal
income
taxes—
oper/jreVenue^---/
: ' Net
income
Non-oper.
operations)
M
.
•
•
*$132,867
'$136,417
17,520
$1,024,619
242,577
$2,707,257
19,180
«$113,687
♦$118,897
$1,267,196
$2,937,137
159,504
1,958,208
1,919,271
(net)
Gross
income
—>
229,880
♦LOSS.—V.
166,129
170,
401.
P.
i
,
Plough, Inc.—Earnings—
Nine Months Ended
Sept. 30—
;
1949
'
1948 -.
Sales
—1——^.—:^—
$11,598,296 $10,618,890
earnings ——i—
—449,500
389,750
Earned per share.:————————————
$1.00
$0.89
Net
—
Both sales and earning? for the first nine months of 1949 were- the
largest for any similar period in the last 10 years.—V. 170, p. 889..
.
officers
:
■'
a-cfc-
-
Provident Mutual Life Insurance Co. of Philadelphia-^
«;•
•
i. ">
corporate
the
of
sale
of
the
19,750
shares,
company expects
to apply
purposes."—V. 170, p. 1194,
The
the
at
$18
proceeds
share, is
to "general
per
corporation announces that transatlantic air fares, which reached
a
peak during the war, are now heading back to a level where fast,
luxurious travel between the United States and Europe will be within
North
Atlantic, slashed
defiance
of
the
trend
American World Airways, which
passenger service by air across
Its round trip fares by 30% .
toward increased prices during
the
past
decade, Pan American is now offering speedy Clipper transportation to
Europe for 40% less in actual dollars and cents, than the fare charged
in 1939.
This, the announcement says, has been achieved in spite of
a
71%
—V.
increase
170,
p.
In
1301.
the general
'
cost of living during
"
the same period.
;
Paramount. Pictures, Inc.—To Sell Stock in Michigan
Theatre
Companies—
.
*
'*
t
;
,
The company
announced on Oct.- 11 that it was inviting offers
for the purchase
of the stock which it holds in W. S. Butterfleld
Theatres, Inc. and Butterfleld Michigan Theatre Co. The stock, in' the
W. S. Butterfleld Theatres, Inc. is slightly in excess of 25%
of, the
outstanding stock and is represented by 37,500 shares of Class ''B".
Butterfleld Michigan
Theatres Co stock is, one-third of • all out¬
standing $to.ck and. 1* represented by. 6,940 Share? of Class'"B".
The.two*"corporations are engaged in the"pperattiow df theatres In
thd -State
of
Mirttl^an/Xv. (Ss.' BuuerfielA Theatres, Inc/ either wholly
the operation of/ 91 theatres in
Detroit, and Butterfleld Michigan
owns, or Is partially interested in
the larger cities of Michigan, except
j
^ew Investments—
of
this
during the
company
first nine montha - of
3.67%
as
against a yield of 3.41% for the corresponding period Of
1948, and 3.58% for the first six months of 1949.
Biggest classification of new investments was $21,001,000 in mort¬
gages;
second was industrial bonds at $19,858,000.
Outstanding in¬
vestments of the company are now at (he all time, high of $602,984/000.
New
insurance sold amounted to $72,383,000,
while insurance,, in
force
increase^
Puget
|o
a new
high of $1,341,571,000;—V. 170, p. 308., / ""
Sound Power
Light Co.—Washington State
Public Power Act Asked to Be Declared
Seek
Test
suit
A
Pan American Airways Corp.—Fares Reduced—
every traveler's means. On Oct. 1, Pan
in 1939 inaugurated the fir3t scheduled
investments
the year totaled $49,824,000, according to M. Albert Linton, President,
in his report to the directors.
Gross return on new investments ,^was
of
Law
Invalid—Fi)rrts
Permitting P.U.D/S to Buy Private
Utilities—
The
In
Adds $49;824,000
New
company's stock option plan upon exercise of options issued
2, 1947, without cash consideration, to 25
of the company and its subsidiaries. Options
Proceeds
into
and -employees
...y..v'-tsK
$314,637
with respect to such shares become exercisable on Nov. 2, 1949. The
bajanCe" of the 36,525 shares issuable under the plan became exer¬
cisable on Nov. 2, 1947, and Were the subject of a registration State¬
ment which became effective shortly prior thereto.
—
the
.
100,000
—;'
$223,013
——————
company
May
and employees
the
by
$355,500.
entered
its affiliated-companies.
England'Gas and Electric
imaginary trip around the 13 cornthe
24,952
corporation has filed a registration statement with the SEC
19,750 shares of its common stock ($10 pari.
"
shares are part of 36,525 shares of common stock issuable
under the
Folder-Type Booklet—
to
•$643,885
25,427
——
reserve
168, p. 1586.
The
10
The latest thing in the way of a business report made its appearance
on
Oct. 10 as this company began distributing a
travel folder-type
booklet
income——
Pacific Finance Corp. of Calif.—Registers With SEC—
of
each
for
output for September, 1949 is reported at 588,084,000 cu. ft. This
cu. ft.", or 1.10%
above production of 581,cu.
ft. for. the corresponding month a year ago.- -*'
Issues Travel
/m;
'
covering
695,000
v
mqint.
taxes-
Depreciation—
$334,586
—
profit ■—,
Net
increase of 6,389,000
an
profit
miscellaneous
and
Provision
this Association reports electric output
of 15,388,007 kwh. This is a decrease of 427,710 kwh., or 2.70% below
production of 15,815,717 kwh. for. the corresponding week a year ago.
Gas output for the Oct. 7 week is reported at 150,135,000 cu. ft. This
Is a decrease of 7,536,000 cu. ft., or 4.78% below production of 157,671.000 cu. ft. for the corresponding week a year ago.
For the month ended Sept. 30, the Association reports electric output
of 65,442,547 kwh.
This is a decrease of 1,337,371 kwh., or 2.00% be¬
low production of 66,779,918 kwh. for the corresponding month a year
...
-
,
7,
ago.
and
exps.
Operating
60,000
—
$360,013
Weekly Electric and Gas Production Lower—
ended
1948'
1949
and amortization
(exclusive of
charged to broadcasting dept.)
Operating
.
week
■
bus and (ncline
1949—Month—1948
' 1949—12 Mos- -1948>
$1,881,329
$2,076,528 $24,970,845 $25,358,591
1,958,254
2,155,281
23,311,015
22,037,101
\
55,942
57,664
635,211, .: « 614,233
*
revenue
J
57,500
agreement with seven investment dealers, namely Townsend, Dabney
A. C. Allyn & Co., Inc., Draper, Sears & Co., F. S. Moseley &
the
End.'Aug. 3J—
1,792;844
Interest
F. L. Putnam & Co., Inc., Smith, Ramsey & Co., Inc.; ahd G. H.
& Co., whereby the managers egreed to use their best efforts
to form and manage a group of security dealers to solicit subscriptions
to purchase the additional common shares offered.
;
;
v
Further details of the offering were given in V. 170, p. 1193.
•
Oper.
i.A
"
(Combined rail,
^
Operating
■
/
and general expense.—
depreciation
Walker
V
■
1,760,576
Co.,
For
Pittsburgh Railways—Earnings of System~r
Period
$2,496,729
& Tyson,
•
,i
"iVV-.'.'d,
$2,152,662
profit
"Depl-eelation
purchase of
of
*
84,692
Operating
subscription
SOLICITATION
-
/
18,059
Total gross
'
-
1194. :
-profit (after provision for depreciation)——
issue.
Hie
of condensation and other forms of moisture.—V. 170, p. 1400.
*
..
117,349 shares, equal to 94.18%
of
-Vy.."
'■ "/r1/
privilege which entitled shareholders to
subscribe for shares not taken in the primary, offering, at the/same
price, brought offers to buy an additional 416,322 shares. With only
7,252 shares
available, allocations were made on the basis of 17
shares on a subscription for 1,000 shares with proportionate amounts
for other subscriptions.
resulted
held,
The
'
;
.
$2,412,037
The
one
*; *"
?
bonds and improve
$2,134,603
beneficial interest at $11.25 per share.
an
,,
profit on sales
—______—
Income from leased depts. and broadcasting net
Heavily Oversubscribed—The company Oct. 11 reported
total subscription of more than 428% of its offering to
shareholders of 124,601 additional common shares of
V
p.
Gross
Inventory
common
^
"juse^espectelly -recommended tor use- with steel.casement;
windowg/Jjecanseurf -their v^-superior.' ability.',to-- withstands the-1' effects*
sold $21,000 4^4%
$9,500 mortgage
Jfix Months Ended July 31—
Electric Association—Stock Issue
New England Gas &
.'•'.V'V
Inc. have
Outlet v0o.^Earnings— /
-
offering becomes effective.
The stock offering is to be underwritten. Competitive bidding will
determine the offering priee and the
amount to be paid by the
company to the underwriters as compensation for their commitments
and
Obligations in
connection with the purchase of unsubscribed
shares
(plus shares which may be acquired by
the company in
stabilizing operations).
Cash proceeds of the stock sale will be applied in furtherance of
the
construction
program
of
the
company's
subsidiaries,
either
through advances or the purchase of additional shares of their capital
stock3. Subsidiaries will utilize the proceeds to reduce or pay off in
entirety bank debt incurred for construction purposes. Acquisitions
of securities
of
subsidiaries in this connection will be
the subject
of later separate applications.—V.
170. p. 1398.
-
averriastinr'material *p'oS8$sslng greater tensileswength -<and -- restotence to wear1 than marbleu the announcement
.
the stock
covering
•
Go.,
will be used to refund
Proceeds
has applied to' the'SEC for authorization to issue
additional-shares of its common stock ($1 par).
yto be offered for subscription by stockholders at the
l
new share for-each -10
shares held. The record date will
date
on
which
the
Securitities
Act
registration statement
of
rate
'M
&
(closed) first mortgage serial bonds at par.
company
be. the
;;
W.' York
Warren
'
Stock1 Is
'. '.The
•
5
i
sell 69,508
•
-
-»Orblsonla ^Water'^Ctf.,' Harrisbufg, -Pa^Bonds: Sold—
New 'England Electric System—Proposes to Sell 669,The
V
;
.
S08 Additional Common Shares—.
/
asked The:T>hlo P. ^ Commission: for -authority;
sell 600,000. additional shares-pf. common -stock at $100 i a share. *
the -stocks now outstanding js pawned by the Amerloan Telephone
&^Telegraph <3o. t*rn^eed&i>f the 4se«e-Tvnai4^einn»UTse»,tlie^5ompi)ny!s" *
treasurrTor^capital •<wq>endituTes"6n>plant.^-:-V.T70, p-.TlW.*17
■ •i-"
<
7^;:. v;,^ V/. vy'
5
ksompimy imi
The
to
redemption on Not.. 1, next, for the
account of i the sinking fund/ $50,000 of 25-year 3%
notes, series- A,
doe- 1973f"»t-106.52%
and accrued interest. Payment -will be mader at
ttw -State Streer Ttust Co.,. trustee, State and Congress (Bts., Boston,
called
Maw,—V,_169,.p. 2645.,
n
—
,
.
.
lias
been
filed
ip
Superior Court at Olympia. Wash., asfapg
the State Legislature,
that Washington's public power bill, enacted by
declared unconstitutional.
be
also was asked to prevent the Thu$ston
District, which has entered into contract Mth
Meyers, fiscal agent of the district,
to buy portions of the Puget Sound Power & Light Co.
Under
provisions of the bill two or more districts can join to
acquire a utility system even outside its own borders. The bill, passed
by the legislature, also creates a state power commission for/tthe
A
declaratory
Judgment
County Public Utility
several other districts and Guy T.
'~*r>
development of power resources.
Gov. Arthur B. Langlie has not named any commissioners
Casco Co., Securities Properties, Inc., Buchanan Lumber
Co.
and P. D. Northcraft Co.. all Olympia firms.
They instituted
the action in behalf of themselves as taxpayers and other interested
As
yet,
Plaintiffs
are
parties, according, to Tom L. O'Leary, attorney for the plaintiffs.
Thurston County P. U. D. directors named in the suit are M. Y,
George Marshall and Ben Stookey,
Mr. Haskett recently announced that his. P. U, D. was negotiating
for the purchase of Puget's system in Thurston County.
While the
p. U. D. did not make a flat offer 4n its resolution prompting the
action, a value of about $5,000,00d was set by R. B. Beck & Associates,
engineers, representing New York and Chicago .investment firms,...-Mr.
Haskett.
said
*•'
•
•
«
Filing of the suit probably will delay negotiations of other districts
and Tacoma in their efforts to acquire parts of ;the,;Puget
In Seattle
srstem.
If the law is declared unconstitutional, it. will end
months efforts to acquife the Puget Sound system piecemeaL
hearing date has been set on the suit.—V. 170, p. 1302,
Sound
for many
No
months. Proceeds would be applied to the payment
of notes maturing Oct. 26 and held by the three •/
SEC has given interested persons until Oct. 20 to re¬
The
banks.
■
,
'.....'
■'
■
' "
'
■'/"
■'
•'
'
Registrar,
Agent- and
Trusts, Philadelphia,
/•//.'
Pro v.
rock.
acquired,
company
cjistribution of the
the
of
usefulness
plugs.
(Pa.i.
,
has
plugs
particularly in
demonstrated
been
•
J
'
Blasting as generally practiced in coal mining consists of (1) drilling
holes 1% inches to three inches in diameter and usually from
three to five or more feet in length, in the coal, rock or other mate¬
shot
be blasted;
detonating the charge.
(4t
Quick-Seal Tamping blugs are specially designed for use in the
operation, that is, to stem the shot hole quickly and efficiently,
and make It unnecessary to stem the hole by the traditional method
of compacting it for two feet or more with clay or other loose mate-,
rial.
At the same time the plugs are a safety device.
The
third
order
PURPOSE—In
funds
obtain
to
and
construct
to
purchase
new
machinery, pay off notes issued in the acquisition of patents and other
assets, and to raise working capital, the, company is offering 49,900
shares of class A common stock through the underwriter.
Unless 35,000
or more of these shares are subscribed,
none will be sold and all paid',
subscriptions will be refunded.
•
-
•''//■,
;
20,891
10,374
10,374
,
10,724
53,412
53,413
53.413
22,253
underwriting discounts '
be applied as follows:
issued as part consideration for The
expenses
of offering, $£5,000;. general"
////'Z.
of short-term notes
acquisition of assets, $49,750;
remaining, $100,650.
,
CAPITALIZATION GIVING
Class
A
•/
/••%%/'"//../:/
stock ($1 par value)
Class
B
stock
/•■'/
Warrants
(no
EFFECT TO SALE OF STOCK
% ./'////
Authorized
"
*44,450 shs.
15,000 shs.
14,383 shs.
40,000
—
purchase class A shares.,
to
Outstanding
200,000 shs.
—
value)
par
40,000
the maximum number of shares were sold,
the total 'class
outstanding after the financing would be 59,350 shares.
entitle
WARRANTS—Warrants
the
holders
...
$406,322 ■/
'.
178,044
Z
pressure.
■
$2.58
$0.40
JUNE
SHEET.
BALANCE
178,044
$2;39
•
1949
30,
-
,
A
to
purchase up to 40,000
shares of class A common stock after Dec. 31, 1950, until Dec. 31, I960,
at $5 per share, subject to adjustment of the purchase price and,the
purchasable in the event of
bination
of
a
stock dividend,
shares, or a merger, consolidation
; /•'
'/;/.
company.
split-up
or
sale of assets
or
com-;
by the
RCA Communications Inc.—Earnings—
Period End. Aug. 31—
Total
oper.
Total
oper.
3949—Month—1948 '
1949—8 Mos.—1948
$974,249
$7,927,431
964,033
947,957
7,571,162
$6,504
$26,292
$8,298,568
7,857,136.
$356,269
1,525
revs.—
oper,
communicat'n inc.
Gross
ordinary
Deductions
5,903
11,941
$8,029
$32,197
6,242
inc...
from
$441,432
16,070"
$368,210
17,436
$457,502
74,986 /
78,502
$1.4,271
!
19,452
Net
ordinary income.
Extraord. inc. (Cr)
Extraord.
inc.
$49,633
.
$443,196
$536,004
ordi¬
income
nary
have
payable
of
payable,
accounts
$330,000;
bank,
to
Dr$5,181
24,348
Z
$25,285
69,514
(chgs.).
164,048
10,300
144,481
$279,148 '
'
476
.
13,711
income
Net
Deducts,
Net
$50,622
inc..
from .net
income
prepared and may be obtained
Lexington Avenue, Pittsburgh 8,
$391,523
250,392
1
'
—V.
90,497
104,111.
170, p.
18,057.
<
.
$439,043
$400,933
9,400
189,017
195,649
-
.
,
y
Sales—»
1949—Month—1943
1949—9 Mos.—1948
$1,495,185 $10,709,712 $10,657,422
1087.
p.
oper.
Railway
oper.
1949—Month—1948
1949—8 Mos.—1948
$4,630,127
$5,027,458 $38,443,215 $41,279,819
3,045,241
3,203,076 25,890,879
25,455,993
31—
revs
expenses-
Net rev. fr. ry. opers.
$1,534,886
$1,824,382 $12,552,336 $15,823,826
State/"County and :city' /,
"
"
.taxesZ-v.:
112,979
99,236
903,353
730,630
Bonds are callable on 30 days' notice as
Federal
income
taxes.
500,202
617,891
3,448,529
4,777,092
a
whole or in part,
otherwise than through the operation of the
Other Federal taxes——
124,992
121,074
995;308
951,400
sinking fund, at the principal amount and accrued interest plus a
premium on such principal amount in accordance with the following
schedule:
On
or
before July
15,
1950, 5%; thereafter and on or
Railway oper. income
$846,713
$986,181
$7,205,146 $9,364,704
before July 15, 1952, 4%; thereafter and on or before July 15,
Other ry. oper. Income.
1954,
31,623
42,754
236,879
283,212
3% ; thereafter and on or before July 15,, 1956, 2%; thereafter and
on
or
before July 15, 1958, 1%; thereafter without premium.
Total ry. oper. inc.—
$878,336 $1,028,935 $7,442,025
$9,647,916
Such
bonds
are
qlso subject to redemption through the operation of the- Deducts, from ry. oper.
sinking fund at_ the principal amount and accrued interest plus a
// income
—
206,492
237,698
1,910,095
2,099,271
premium on such principal amount in accordance with the following
schedule:
on
or
before July
Not ry. oper. income15. 1950, 4%; thereafter and on or \
$671,844
$791,237 $5,531,930
$7,548,645
before July 15,' 1952, 3%; thereafter and on or before July 15,
1954,
Non-operating Income—
; 28,437-/
17,477 / 218,002
140,663
2%; thereafter and on or before July 15. .1956, 1% ; thereafter and
on
or
before July 15, 1958,
Va %; thereafter .without premium.'
Gross income
$700,281
$808,714 $5,749,933 $7,689,308
Deducts, fri gross inc.—
"152,945
149,355 / 1,235,825
1,328,625
HISTORY AND BUSINESS—Corporation
was
incorporated in 'Ohio
Dated
Columbus
and
Sept. 1, 1949; due Sept. 1, 1959.
Ohio National Bank of
(Ohio),
trustee.
Interest payable semi-annually—Jan. ' 15
July. 15
each
of
year.
,
—
*
m
-
.
■
*
.
'
Nov.
25,
and' sale
(1)
machinery;
road
including
diesel
f
pow-
Net
the
—V, 170,
clay
Period End.
steel
in
Operating
machinery products are generally sold
directly to industrialusers
by the'company's own sales organization while the road ma¬
chinery is sold through approximately 75 distributors who have ex¬
clusive distributorships (subject to the right reserved to the company
to
sell
directly
who
$32,565
$6,061
$250,026
$205,284
/ / / /,;
v.:
v
•
-
<
.•>
The
months is
powered by
mission
and
to
the
public the new RCA all-electronic,
compatible color television system.
completely
shares
of $5
color
transmissions,
originating at the National Broadcasting Co.'s
will provide an opportunity for. representatives of the
the press, science, industry and the public to observe the
system which RCA believes to be the best foundation for satis¬
WNBW studios,
.government,
color
of
(no
12,447
issued
are
As
result
1959.
are
planned to show how this system
the basis for the establishment
The
1,
of
present black-and-white
a
color television
sets,
service
can
without
first
bonds
has
consists
of
(a)
Total
Int.
?/
outstanding
$282,000
of
used
has
the
to
been
payroll
net
proceeds
retire
derived
unsecured
to
the
from
notes
working
the
payable
capital
/
of
banks/
the
share
Dased
stock of this company
increased $1 93
market
quotations as of Sept. 30, 1949, the company
reports net asset coverage of its outstanding securities as follows: *
Period End. Aug. 31-
1949—Month—1948
1949—8 Mos.—1948
Operating
revenues
Uncollectible oper. rev.
$927,963
Operating revenues....
Operating expenses
$926,345
$834,272
633,149
629,954
5,394,331
133,875
118,324
994,052
$109,321
$85,994
$799,922
$500,923
charges'.—
60,790
68,308
f420,755
$10
811,323
income
301,756
Operating
taxes
$835,230
1,618
.
4%
Per
cpllateral
cumulative
170,
p.
trust
$26 68
convertible
3V*%
preferred
bond——
share,
"$50~parl"
156 72
~
2 597 95
—
1302.
Z.
•
after
Net
—V.
170,
$7,202,504
$6,327,984
14,199
9,493
958
The directors
on
5,006,245
common
21.
This
payment,
Engineering Co.—75-Cent Div.—
10 declared
a
year-end dividend
stock'
Payable Oct. 31
together with quarterly
jghfiscal year each of Oct. 31, 1949 to $2.25
Paid in ending the three preceding
we
total
of
$2
per
share—or
paid for the preceding year.-y.
four
dividends
quarters
per
of
of
cents per
of
record
50
cents
bringstotal ?<S
share, which
payments
169, p. 2533.
of 75
holders
to
to
50
compares
cents
each
144,428
$351,823
$292,p04
——-./■■
,
*$23,684
;
.
1
i
;
|
<
:
•-
Energizable Lubricant—
The
has
company
creation
of
a
system
new
which
of
cals,
slurries,
the
of
valves
etc.,
necessity
eliminated.
lishes
a
fare
new
both
the
is
and
type
states
in
cent
in
development,
and
may
if
be
ever
"spring''
instantly seals
itself
in
gixed.
In
a
a
service.
the"
In
use
expansible
for
and
plug
valve
of
state
lubricated
(1)
to
maintain
ing
of
the
plug;
by
the
use
of
a
100%
not
plug
film
(2)
to
connected
lubricated
on
has
first
time
estab¬
in
been created
the*
and
.
of
,
,
the
Nordstrom
condition
form
is
unexposed
a
grooves
the
and
type
should,
plug
remains
remain for
may
used
seat
pressurized
on
/
'
'
.
the present special
the regu¬
Marysville, Ohio.—Preferred
1,5Q0 shares: of
payable quarterly on first days of February, May, August
Ohio National Bank of Columbus
(Ohipt, transfer
November.
stock Is subject to redemption on 30 days' notice
a
whole or in part, otherwise than through the operation of the
sinking fund, at par and accrued dividends plus the following premiums
of par value:-4V2%
if redeemed on or prior to Nov. 1, 1949; 3V2%
Preferred
as
thereafter
to
1%.
Nov,' 1,
V/2%
inclusive;
1950,
inclusive; 2'/2%
thereafter to Nov.
thereafter
1, 1955, inclusive;
Preferred stock is also subject to
to
Nov.
1",
1952,
and thereafter at
redemption in part through the
operation of the sinking fund at par and accrued dividends plus the
following premiums of par value: 3/2% if redeemed on or prior to
1, 1949; 214% thereafter to Nov. 1, 1950, inclusive; 1V2 % there¬
to Nov. 1, 1952, inclusive; y2% thereafter to Nov. 1, 1958, inclu¬
sive; and .thereafter without premium.
/
"
-/•'//
>'/
for
three
to
permit
seal
around
and
within
ener-
months.*
purposes:
easy
each
the
HISTORY
which
embodies dynamic properties
periods to give auto/
/ . /
^
lubricant
(he
.
$387 one way and
.
quickly decline but
valve
'
,/
~
will be
.
.
after
For- the
prolonged
/
.
„
Nov.
leak, the automatic force-feed action of Hypermatic
the void.
If the valve has been neglected, it keeps
Pressure does
a
than
more
lubricant: seetpingly.
compound
a
stored
lubricated
a
one
the
part:
Hypermatic, this phenomenal
principle in fluid dynamics.
energy
in
now
of
to
lines
on
announcement
compressible
Therefore,
investment
applicable
r
Offered-^The Ohio Co. is offering
agent.
of
carrying oil, water, gas, chemi-,
objection heretofore voiced by engineers
frequent relubrication/ Now
this
obstacle
is
of
The
require
Nordstrom
valves
the one
history of lubricant
is
not
devices
the
plug
pressurized
is
does
force-feed
1
Service—\
cumulative preferred stock (par $100) at 100.25 per
share. Stock is being offered to residents of Ohio only..
•
lubrication
^
Germany.
Hamburg,
(O. M.) Scott & Sons Co.,
.
the
announced
A%
\
4
14 inaugurated direct airline service from
This marks the first time that the
Oct.
on
4
Cr2,798
104, £80
5%
Rockwell Manufacturing Co.—Announces First Known
wherein
Oct.
11.
169, 'p.
person. ! ,
to Hamburg
per
The
$7,188,305 > $6,318;491
Z
%
^
round-trip fare in effect through April 30 is $531.80. During
lar season the round-trip fare is $696.60.—V. 170, p. 1402.
1196.
p.
maticity to its feeding action.
Reliance Electric &
'
/
prior
$98,998 '
corporation
York
Stock
operating
Christened
share
pommon
Per
;
'
•
5,000,000
during September.
upon
251,82a
/
city has been linked to the ^United States by such
through service.
'*
• ■/
<
*
t
The
transatlantic crossing between the two cities will be made m
deluxe DC-6's and will take only 15 hours and 40 minutes.
Sleeper
service will be provided and after Oct. 26 the surcharge will be only
Rochester Telephone Corp.—Earnings-
mechanical
common
213,908
227,038
Cr2,798
Dividends
Railway & Light Securities Co.—Asset Values—
188,295
55,654
Scandinavian Airlines System, Inc.^—New
-
on Oct. 10 featured variety artists, radio and televi¬
color motion pictures and color slides, all scanned by color'
cameras to demonstrate the effectiveness of the new RCA
system in
transmitting and receiving scenes and action in natural colors for the
added enjoyment of the public.—V. 170, pi 1086.
—
**.'«*.*
This
$934,332
75,000
important German
662.
p.
taxes
*
New
com¬
13,£94
$989,264
75,000 '
80,718
State
and
*Loss.—V.
—
57,104
:
Net profit
V
:
reserve
Prov. for Fed. inc. taxes
*■'T
$920,428
' $979,784
./,„/
9,480
67,769
bonds
years
'
'
$123,639
18,750
5%
sale
to
of
.
7,352
.
$245,301
18,750
mtge.—
—
of
for, Fed.
15,
added
—1
income
Elimination
/
portion
first
on
...
2,629
—
income
on
Int.
I
■
has
present
$116,288
$242,672
income——
etc. —
counts,
program
The asset value of the
qper/
Other income—cfish dis-
2,100
1948/and due July" 15,
1958.
company will also have outstanding
bonds
dated Sept/ 1,
1949,
and
due
mortgage
been
balance
pany.—V. 125,
stars,
a
stock
•
PURPOSE—A
the
at
bonds dated July
this financing the
of
5%
Net
Continuing demonstrations
/;,//•//?
Depreciation
and .outstanding,
DEBT—Company
mortgage
a
capital
taxes
taxes
United
foreign countries.
—
estate
Net
Federal
the
(no pgr) (stgted value $100 per share) of
issued and outstanding; and (b) 17,000 shares
par)
(stated value $1 per share) of which
are
factory standards.
obsoleting
of
preferred stock
1,897 shares
common
stock
high-definition
The initial demonstration was presented for the official record of
the
FCC in its current hearings relating to the
adoption of technical stand¬
ards for color television service.
This demonstration and
subsequent
the
to
parts
100-h.p. diesel engine.
a
STOCK—Authorized
CAPITAL
the
of color television broadcasts—a part of
the corporation's field tests—was presented at
Washington; D. C., on
Oct. 10 by RCA to demonstrate to the Federal Communications Com-'
and
various
exps.
Real
admin.
gen.
Other
manufactures three models of heavy duty, dieselpowered motor graders used in the construction
and maintenance,
of roads and airports.
These are also used in general land leveling
and earth moving
operations.
The latest model grader, which has
been developed
and brought to the market within the past several r
System
first scheduled program
in
$8,360,683
$4,514,107
1949—3 Mos.—1948
1949—Year—1948
$946,066 $1,003,575
$4,080,883
$4,219,634
'
591,235
791,213
2,701,360
2,907,964
81,675
82,408
326,700
330,733
30,484
13,666
73,040
60,510
July 31—
revenues
and
Oper.
company
$150,000
-
Departments
located
are
Stqtes, and approximately 20 distributors in
FUNDED
surplus.
985/
Highway
State
to
and
Government)
$659,359
$547,338
i4pi.
p.
Savoy-Plaza, Inc.—Earnings—
tile, sewer pipe, drain tile, fire brick, refractories and other v
products and including also equipment for grinding operations
mills, foundries, cinder block plants and clay plants.
The
tive
-4—
income
.
and (2) clay machinery, including clay working
production of building brick, building tile, decora¬
graders
for
of
Cdnfpany is engaged in .'the
subsidiaries,
and has no
1936,
road
and
with
170,
Period End. Aug.
only) $150,000 10-year 5% first mortgage bonds.
first
Radio Corp. of America—New Color Television
:
and
been
400 N.
$1,432,974
Railway
113,521
$15,461
Demonstrated—
Oct.
the company,
p. 792.
Rose's 5, 10 & 25 Cent Stores, Inc.—September
Period End. Sept. 30—
Sales
Riddel] Corp., Bucyrus, O—Bonds Offered—
O., is offering (to residents of
(W. A.)
Sept.
—V.
by writing to
Pa.].—V. 170,
St. Louis Southwestern Ry—Earnings—
transf'd
to, earned
Per
placement
before
Nordstrom valves.
very
detailed
information
question regarding Hypermatic has
conceivable
every
claim
every
the market for
bulletin
giving
product on
interesting
answering
authenticate
to
conducted
been
the
fAn
due
which
per
by
or
returns,
under machinery contracts, $86,825; dividends payable,
$14,844; accrued payroll, commissions, expenses, etc., $356,986; reserve,
for Federal, State and local taxes (other than Federal income taxes),
$97,296;
customers' deposits, etc., $117,893; reserves for guaranteed/
replacements of merchandise, etc., $15,100; reserves for contingencies /
(to provide for possible future losses), $500,000; prior preferred stock
(par value $100 per share), $809,000; 7% cumulative preferred stock
(par value $100 per share), $296,400; common stock (par value $5
per share), $890,220;
paid-in surplus, $890,220; capital surplus, $943,-:/
157; earned surplus 3ince Dec. 1, 1936, $3,460,346; total $9,160,720.—
V. 170, p. 792.
/
'
T
The
sion
but
lutions
accrued
for
LIABILITIES—Note
$352,433;
machines
$970,537
revs
exps.„
Operating income
Ordinary income—non¬
communication
11
be
Hypermatic
lubricant,
clay
end
functions the same as a non-energizabie valve
by again turning
the lubricant screw a few revo¬
replenishing the.,supply of sticks (or use of pressure
exhausted
;
,
U. S. Govt, securi¬
gun», re-energization takes place.
interest), $944,895; accounts receivable
Of
the more
than 5,000.000 plug valves of the Nordstrom type,
allowances and
doubtful accounts of
more
than 75%
are
immediately receptive to this lubricant on tem¬
$62,146», $269,696; inventories, $2,725,313; U. S, Govt. securities—at - perature lines from sub-zero to at least 250 F.
Tests are now being
cost (set aside for future capital expenditures for facilities), $1,004,336:
conducted to increase the temperature range.
The manufacturers of
cash deposited for redemption of 1%
Nordstrom
valves
claim
that
cum. pfd. stock (2,964 shares),
savings
of
many
million
man-hours
$326,040;
miscellaneous accounts receivable,
loans and advances to
per
year
will be made by its use, without present users investing
a
cent in equipment because relubrications will only take
employees and branch managers, etc. (after reserve for doubtful ac¬
a fraction
counts of $66,159), $27,305; miscellaneous
investments (after reserve
of
time previously consumed by maintenance men.
provided in 1932 for excess of cost over estimated values of $179,663),/Hypermatic is the most revolutionary development since the intro¬
$452; property
plant and equipment (after reserve for depreciation,;, duction of Nordstrom valves 30 years ago, according to W. F. Rock¬
of $1,672,384), $2,845,732; advances in connection with acquisition" of well, Jr.. President.:' The reasearch laboratories are in Oakland, Calif.,
where the lubricant has been in process of, development for years.
machinery and equipment,
$49,200; prepaid expenses and deferred
charges
$373,355; goodwill, patents and trademarks, $1; total, $9,During the past year exhaustive tests in laboratory, shop and field
ered
—V.
y ■:
hand and in banks, $588,595;
on
plus
cost,
manufacture
Net
'
'
-
——
shares
Oth.
/
■;
;
Hypermatic
is
volumetrically
flexible; it .' is
self-sealing;
selfacting;
less lubricant is
used because the operator neith r overlubricates
nor
under-lubricates the valve.
When pressure is finally
$408,221
Ohio
proceeds to the company after deducting
commissions will be $175,400, which will
payment
outstanding..
share—
reserve
35,000 shares, and the sale of warrants to the underwriter, for $400, the
funds
$17,473
178,044
50
from
Turning
use.'
The Ohio Co., CoJumbus,
completion of the offering by the sale of the minimum of
Assuming
:
$491,000
20,225
:
common
per
(at
(after
an
hole
the hole opening, and
atock
"missing link" to effect automatic action. Being
to 100% more can be inserted and stored for
of the lubricant screw builds up the energy
similar to the action of a door check which stores energy
to auto¬
matically close - the door.
Any amount of pressure can be built up
within the valve but the lubricant
will actuate with a pressure of
as
low
as
50 pounds.
In very high-pressure seryice the energy is
built up to 1,000 pounds and higher.
It is self-feeding even though
the line pressure is greatly in excess of the valve's internal lubricant
$494,611 ■'
;
$101,484
—
the plug slightly off its seat
Hypermatic is the
future
J Cr 15,738
f
to raise
hydraulic jack
a
ever
through
compressible,
260,000
26,746
as
plug
valve
void.
160,720.'
placing an explosive charge in the far end of the
(2)
electric detonating cap connected to wires leading "out ,
opening; (3) tamping the charge, that i3, stemming the
shot hcle in order to contain the blast and prevent its blowing out of "
with
-/■•If
340,000
—---'"■
/
preferred dividends
ASSETS—Cash
ties
here- *
mining if permitted to do so.
and
71,000
taxes
CONSOLIDATED
their
extend
net
income
shares
Earnings
mining in Pennsylvania. A primary aim of the company is.'"
use into
other fields, especially into bituminous coal
anthracite
to
$738,873
Surplus Tor period—Z-w
Co., Inc., is sales agent for the company
I. duPont de Nemours &
the
$857,746
dividends.—
Common
and equipment with which the tamping plugs have
tofore been manufactured by Heitzman Safety Blasting Plug Corp.
of
42,234
preferred divicfends-iJi-U,/—
Common
"Quick-Seal
coal, ore, ground
/..///1
assets, the plant,
'•'///' \ V:'-;..''
among other
/•,./:
the
Recently
rial
Fed.
cumul,
as
machinery
hole,
$696,639
90,468
$172,434
income
Net
7%
$767,278
70,058
income
for
Prior
Delaware in August, 1949,
to manufacture
and sell devices known
Plugs," for use with explosives in blasting
Tamping
The
$102,425
(net).w
income
Spec. chgs.—net applic. to prior yrs.
i'/:.;v *;
■
COMPANY—Company was incorporated in
primarily
to
6,738,506
"
64,709
.
Transfer
the
77,347
profit
Operating
Total
'
Pennsylvania Co, for Banking and
lation.
E.
6,802,214
""
'
49,900 shares of class A common stock (par $1 per share)
by J. H. Drass & Co., Inc., Sunbury, Pa. The offering
price is $6 per share. Stock is being offered as a specu¬
in
$7,646,839
6,826,767
act
becomes hard to turn.
Lubricant is introduced into
a
hole in the shank of the
plug.
Sticks of
lubricant are dropped into the hole and a lubricant screw is inserted,
which, when turned, exerts powerful hydraulic force to transmit the
lubricant through the channels.
But this force deteriorates In case of
leakage.
Hence, constant pressure is desirable so that pressure at any
level will effectively push the necessary amount of lubricant into the
packing
expenses...—
-
.
Quick-Seal Products, Inc., Shamokin, Pa.; — Stock
Offered—Offering was made Oct. 11 of a new issue of
and
Depreciation
Other
hearing.—-V. 170, p. 889.
y
administrative
to
the
the
$7,499,854
$7,015,234
———
selling,
goods sold,
of
and
amount
of
quest a
Cost
if
1947
1948
<■
86,042
(net)
Sqles
11
In
maturing
a
like
1949
Months Ended June 30—
6
has requested SEC authorization to borrow 81,500,000
from the Bank of the Manhattan Co., The New York Trust Co. and
The
Public
National Bank and Trust Company of New York. The
loans
would-be evidenced by the company's 2ti%
promissory notes
company
(3)
Mills, Inc. (& Subs.)—Earnings—
Real Silk Hosiery
Electric Co.—Seeks Loan—
Queens Borough Gas &
Th
Monday, October 17, 1949
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(1500)
12
turn¬
port
body;-;
to
O.
AND
BUSINESS—Company was incorporated in Ohio,
and has no subsidiaries.
Corporation is the successor
the seed business founded shortly after the Civil War
by the late
M.
Scott and conducted by
him as an individual proprietorship
Nov.
until
13,
the
1914,
date
of
incorporation.
processing
and sale of lawn
chase
sale
and
of
related
Company is engaged in the purchase,
grass
seed
and
fertilizer, and in the pur¬
products.
.Scott seeds now enjoy extensive
distribution both by mail order sales and through retail stores through¬
out the United States.
In addition to being featured by many of the
nation's
volume
largest department stores, Scott seeds are also sold In large
through independent, chain and syndicate stores.
Scott's lawn
(Continued
on page
49)
/
/
Volume
170
Number 4847
THE
..
COMMERCIAL
&.FINANCIAL
CHRONICLE
(1501)
13
Sftock Record «» New York Stock Exchange
DAILY RANGE OF PHICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
STOCKS
Range for Previous
S per share
Lowest
Highest
Dec
2%
100"
Jun
70
May
May
6%
14% Feb
120
2
1% Jun
13
xl7% Jun
14
Abbott
18
3% Jan
16
Jan
Saturday
Laboratories
Abraham &
ACF-BrlU
7
Acme
21% May 2«
Motor*
21% Oct 13
Adams
44 %
Adams-MiIlls
$ per share
sper share
44
44
44
mo
127
*119
2.50
3
3
Co.
_10
__
Expre** Co
19%
19%
Dec
23% May
46% Jan
Sep
9
No par
*40
43 y2
27%
Dec
41% July
2',% Mar 23
38% Oct
14
Addressograpb-Multlgraph Corp__lo
*37
37%
7%
Feb
22%
11% Feb
5
5% Jun 20
28
13
Admiral Corp
Affiliated Gas Equipment com
26%
*18%
Dec
27% May
Deo
Jan
46
99
/Nor
2%
108
97% Mar
Nov
Dec
Nov
21% May
80% Jun
•
2%
37
*
65 %
Dec
Feb
Dec
13% Feb
May
34
May
17% Jun
109
May
88
90
Mar
7%
Xl71
Dec
Mar
83
Apr
98
Sep
July
6
Jun
Jun
16%
Dec
21%
Jan
15% Jun
Dec
81
Mar
Jun
83% Jan
91
26%
Dec
Dec
98 ;
X25
Nov
3% Nov
76
31% Oct
Jun
26% Jan
Allegheny & West Ry 6%
1
83%
Feb
121
May
89% Feb
Dec
62% Jun
34% Jan
Oct
10
Nov
18% Mar
31%
103
Feb
Dec
Nov
6% Sep
3
Dec
76 % Feb
163% Oct
28% Nov
74
Nov
18% Mar
Mar
34% Oct
68
45
-
Mar
51
Jan
Jun
67% Oct
13
43% May
10% Dec
6%
Jun
27
May;
Aug
21% Jun
60
Jun
3
*91
85"%
,84
*84%
7%
*63A
59%
59%
82%
82 Va
20%
20 %
20%
•91
•84
7%
191%
i
33
<>'
Corp
No par
Chemical.No
*119%
Bosch
Shoe
Co
American
118%
*41%
41%
7
Amer Cable & Radio Corp
42
9%
9%
*66%
67%
*24 »A
24%
*67
69
*32
*101
,V
323/a
11,100
87%
700
43
-
y%
lu
67%
24 Vs
?4Vs
}
10%
32%
32%
T
-
-
33
800
J
,
,
10%
32%
33
900
69
9%
10%
32%
24
v
6T
24
69
10
9%
68.%
24'A
900.
1,700
31,000
43
y%
663/4
24 %
•67
5,300
120%
43
».v
*67
66%
69
10 Va
■
3%
38%
►119%
-
•1
900
34
34
*36
3%
119%
413/4
67%
32%
'!.
383/4
119%
10%
32
95
32
41%
*67
100
v
95
119 %
24%
6,900
*86
•
343/a
3%
3%
iu
2,200
<
87%
99
34%
i
A
333/a
41%
69
9%
31%
32%
W
200
30%
31
xll7%
67%
67%
24%
17%
*163/4
<■-
30
•37 %
y °/4
10
1,200
2,000
191%
30%
38%
10
9%
*67
9%
32%
9%
No par
:
17%
•86
3%
3%
*37
■"
7%
v
189 Va
323/4
*95
34 Va
117%
120"%
*41%
100
com__
34
■
3%
38%
par
2
3
34%
3%
10
Corp
33%
*37%
1,200
3,200
87
7%
,
30
87%
'
v%
192%
31%
32%
86%
;
•17
:
31%
3%
50
common
96
31%
87%
38%
100
preferred
*95
31%
34
3%
1
preferred
Amer Brake
*33
*36
17%
*86%
87
1
50
common
conv
cum
No par
com
99
*95
98
31%
87
*84
87
2,400
-■
92 Va
•91
93
14,300
•
7%
30
31%
10
82 Va
20%
2,000
'
'■
59%
32%
Airlines
American
59%
192
*17
7,000
16%
<72%
\
-
30
17%
.
3%
30
17%
;
3%
16 Va
72%
v
3%
87
189
100
3%
93
7%
•>
3%
3%
73
4,600
11,200
105
3%
20%
*84
7%
190
*100
•v
82
19%
*91
84
7%
190
192
*190
59%
81%
20%
8%
22%
22 3/8
16 Va
400
1,400
34,700
50
*473/4
105
3%
42
8 Va
8%
50
22%
1,900
5,600
21%
82
59
93
23
153/4
v
.
33 Va
10
4%
187% Sep
42,400
3,000
7
Jan
Oct
24
1%
11
7
July
82
5
110
38
Dec
61
15
Dec
20%
14%
Dec
22%
Jun
14
81
Dec
94
Jun
71% July 29
87
33% Feb
43
Oct
35% Feb
8
47% Oct
<:
99
3
Oct
6
100%
400
7%
7%
7%
7%
7%
7%
7%
3'A
3%
3%
3%
3%
3%
3%
33/4
33/a
3%
6,100
13,500,
25
97%
97%
*97
97%
182%
182%
182
182%
No par
No par
*23%
100
*106%
107%
No par
44%
Colortype Co_„
10
American Crystal Sugar com
LlO
4% % prior preferred
100
American Cyanamid Co com
10
3%% conv preferred series A-100
*17%
44%
18%
24
-
,
'J
23%
97 Va
i 183%
24
24%
65%
65
65
66%
*65
97
97%
*65%
66
23%
23%
107 %
45%
44%
44Va
18Va
*17%
18 Va
107%
44%
*17%
,
24%
96%
973A
243A
66
66%
.
183 %
233A
183 %
24%
182%
98%
182%
(
66
:•
4,100
.
200
"•
2,900
*
*106%
24
*106%
100
100
100
183
'
24%
24 Va
24'A
*24
Cable
&
101
7 Va
100
Chain
non-cum
*100%
7%
102
preferred
5%
101'
101
7%
100
common
preferred
American
6
109
;
Co
Can
Inc
1
1
Co
1%
preferred
American Car & Fdry com
7
33% Jan
preferred
Broadcasting
conv
American
98% Oct 13
»
1
6
6*
':>■
30
Agricultural
3%%
' ,/
••
;
•
.
33
11
1
19% July
20
93%
a
.
17%
Jan
6
106% May
20'A
*91
•
33%
Jan
Jan
104%
81
*20
par
38%
27%
2,500
'
172% Mar 17
49% Jun
100% Jan
81
*80
par
3%
■
297/a
American Bank Note
15
3% Jan
Jan
81
*•
38
*723/8
i,
33%
10% Jan
13
81
587/a
■;' 1 '
;
.
29%
35
1
2% Jun
Jun
58%
'
'
*16%
104
5% Jun
92% May
177
5
.30% Mar 23
96% July 11
Jun
111
3%
<-95
American
10 Vo Mar 29
>
3'A
■*
-
5
Amer
11
67% Sep
3 Va
3%
No par
Amerada Petroleum
24% Mar 31
61% July 6
x7Va Jun 29
3%
59%'
38%
28
•100
'•
73%
3%
'•
•
15%
*72%
59
41
8%
common—No par
5
10% July 22
■'
4
20
*15%
1
Co
9
Sep
3%
157/8
73%
Alpha Portland Cement
Amalgamated Leather Co
609 convertible preferred
Jan 31
^ 120% Oct
3 V*1;*
29% July
70
May
10
43
3%
15%
.-loo
ADls-Chalmers Mfg common_Nopar
3%%
conv
preferred
100
3% Sep 14
r
Apr 29
6% Jan
3
6
'
•'
*72%
No par
Allied Mills
13
Oct
Kid
105
15%
3%
21
22%
73%
gtd—100
Dye
Allied Stores Corp
A% preferred
9
33% Oct
-
88
3
6%
Oct
Sep
96
7
34 Vi
37
Allied
•100
105
19%
21%
'
'
■
,
£2%
3
•47 %
Va
15%
12.80 prior conv preferred-No par
Allegheny Ludlum Steel Corp.No
$4.50 conv preferred
No
30% Oct 13
3%
22
DAY
50
22 %
*72%
100
Allied Chemical &
; >
r
14
Jan
A
Allen Industries Inc
3
2% Jun
6% May
60
preferred
3%
*100
COLUMBUS
33/a
*47%
22%
1
10
22
Nov
58%
7
10
105
XR%
R%
49
.
'
13
8
25% Feb 25
Jun
44
47
13
25% Feb 25 :.s\ 34
42% May
73
;
21%
.5
18% Feb
15
Feb
34% May
37% May
24% Jun
25
8%
*47%
CLOSED'
100
17
14
25%
A. 0-/4
8%
4
2%
19%
27
37%
2o'/a
22%
common
8% Jan
,
37%
20
"'4
5,000
120
*2%
19%
41%
EXCHANGE
37%
47%
*100
21%
2b
8%
100
21
Shares
44%
433/4
*119
21%'
STOCK
37%
va
the Week
share
38%
19%
*39%
22%
,
2%
19%
19%
21%
$ per
44%
127
•119
3
43%
47%
preferred w w
Allegheny Corp common
Mar 12
93% Feb
16
_1
4%%
192% Oct
13
165
5
104
7
Jun
May
11%
198
5
82% Oct
20
75
Alden*
16
27% Jan
14
Dec
23%
2
9
Sep
6%%
26%
20%
Oct. !4
Oct. 13
:t per share
44
Sales for
Friday
Thursday
,
127
2%
19%
y.
Oct. 12
$ per share
44
*119
3
*40
50
59% Oct
5
21%
No par
w
<fc
Inc
21%
1
Vicksburg Ry
Alaska Juneau Gold Mining
73
64% Jan 24
Dec
100
w
Inc
3% Apr
16% Aug
<
(:
40% Feb 25
Oct
preferred
Reduction
Alabama
Aug 10
l
Corp
3% Oct
.?
15
14
Apr
2% Feb 25
4% May
58%
103
9
84
$3
Air
23% May 16
3
2% Jun 21
4% May
13%
65
Oct
8% Apr 19
47% July 13
May 25
18% Jan
May
5
'
44
44%
19 %
Wednesday
1
$ per share
127
2%
35
35
Oct. 11
5
Co
Steel
Tuesday
Oct. 10
,
Nopai
Straux
HIGH SALE PRICES
Monday
Oct. 8
Par
Sep 29
AND
LOW
STOCK
share
45 % Aug
14
18% Jun
Dec
$ per
*
YORK
EXCHANGE
Highest
t per share
t per share
37
76
NEW
Range Since Jan. 1
Year 1948
Lowest
600
23%
23%
23%
233/4
*106%
«
107%
106 Va
443A
1,500
106 Va
45 Vs
!
,
40
,
'
May
39% Feb
15% Feb
8
Jun
7
American
18% Aug 17
15
Jun
American
47% Sep
i
17%Mar 21
14
*
94%
Feb
107% Jun
25
Feb
49% May
Jan
Mar 11
112
American
36% Mar 31
25% Jun 14
Chicle
6
Jan
14% Mar
Highest
t per share
13% Dec
1% Sep
42
1% Jun
Jun
77% Jan
3%
Dec
46
Jun
20% Feb
5%
79
Dec
Dec
10%
59% Sep 23
3
13
Jun
17
Sep 22
51% Sep 22
49% Sep 19
10
OCt
11
43% Oct
6
5% Oct
11
•L2
Jun 13
3% Jun
Jan
,
10
34
6
Jun
3
47% Jan
26% May
24% Jan
5
29
8% May
5% Jan
5
46
Jan
63
Feb
73
Jan
92
.
11% Feb
112%
110%
110%
33%
32%
323/4
33
100
YORK
Oct. 8
American Encaustic Tiling-,
American European Secur
No par
American
;
Export Llpee Inc.
Amer & Foreign Power com__No
$7 preferred
No
$7 2nd preferred A
No
$6 preferred —,
No
American
Gas
Electric
&
Co
American Hide
conv
Leather
&
com
Ice
6%
Co
54%
11%
49
48
49'A
47
47
46%
47
46%
46%
45%
46 Va
46%
46%
46 V4
46%
par
10
3Sa
42%
1
4%
%
332
42 %
27%
preferred
100
American International Corp-No par
100
*83
13%
100
No par
E%
Jun
76 > Jan
3
Dec
10% May
4% Jun
102
13
Dec
,
22
11% Jun
7
Jan
20
1%
preferred
48%
*47 %
27 Va
x27 Va
273/a
72%
6
84
Sep 26
7% Mar 14
30% Jan
24% Mar
35
July
22% Jun
13
93
98
Dec
96% Jan
4
Jan
5% Jan
3
Feb
d
36% Aug
8
7% Feb 25
12% Oct
6
Dec
Dec
5%
29
Feb
6%
80 Vs
Feb
Nov
69% Nov
12% Feb
162% Nov
6%
16%
8%
35
Dec
11%
Jun
95% May
86% May
16% May
176
Jan
Dec
12%
Jan
Feb
28
Oct
38
Sep
46
Apr
46%
Feb
68
May
139
Mar
31
Mar
125
Nov
25% Nov
Dec
21
32
.
Dec
24%
Feb
6
14% Jan
7
Mar 31
169
6% Mar
23% Jan
173
44% Sep
4
Jun
17
39% Jun
13
37
Feb
5
41% Feb
56% Jan
Jan
/
19% Jun
6
Jan
7% Jun
19
18%
18%
183A
14
13%
14%
14
25
120 ■'
147% Max
158%
Jun
138
54% Mar
68%
Jan
116% Mar
16% Deo
Oct
131
46% Feb
115% Nov
6%
Dec
X33% Nov
Dec
90
76% Mar
X5%
Dec
51
Nov
30%
Feb
30
Feb
25% Oct
144
Mar
71%
July
16 •
Jun
July
Jun
3
135
'
Jan
49% May 10
Xll7% Apr
18
6% Jan
3
Jun s
112% July
8%
Jun
67
May
41% May
45% Jun>
38%
Jan
21% Jun
2
6
48% Jun
1
25% Jun
14
22% Jun
14
18% Feb
36%
Jun
15% Jun
14
Apr
Mar
8
4
24
.
Dec
Nov
6% May,
34% Jun
For, footnotes
sea
com—No par
323/4
13%
133/4
100
5
*175
*7%
176%
No par
43 %
43%
7%
preferred
American Safety
American
Razor
Seating
Co
90%
90%
8
6%
100
preferred
American
Snuff Co com
non-cum
American
Steel
26
5
American
5
No par
Tobacco
13
17
91% Mar 11
6% Jan
4
7
6%
Tobacco
preferred
American Viscose Corp
8%
preferred
Am Water Works
American
7%
Woolen
Co
—100
7
$5 prior conv preferred
Anaconda Copper Mining
25
50
35% Jan
8
Anaconda
Cable
14
Anchor Hock Glass Corp com—12.50
Aug 23
•—,—No par
Anderson, Clayton & Co
—21%
62% Aug 18
35% Jan
106
55% Jan
27
26% Oct
5
Wire
<te
$4 preferred
Anderson-Pilchard
Oil Corp
8% July
7
10% Aug 15
*%. Jan
»
Andes
4
2
37% Oct 14
Archer-Daniele-Mldlaiid
26% May
6%
*59
27%
No par
36% Sep
65
A P
Copper Mining
W Products Co Inc
27%
34%
•175
42%
43%
42%
39
463/4
156
159
*143
11 Va
*10 Ya
8ys
11,100
42%
42%
2,300
39
393A
80
481/4
47'A
473A
6,400
156%
156%
280
•143
148
125
125
•10%
103/4
19%
19%
143%
143%
143%
143 '/a
73%
"148
73%
73»A
73%
148 Va
148%
148 Va
1203A
*120%
85%
*83%
67
6 Va
*59
63
63
63
120 Va
,
4
156
.
11
120%
-
",v':
20
143%
73%
143%
733/4
2,500
*39V4
!
*124%
19%
143%
723A
1,800
/
200
19%
1,600
143%
73%
20.400
1
x63»A
6,300
•119
148
148 y4
560
63%
63
63%
2,500
119%
•119
70
119%
f
67
73A
7%
73/4
7%
7%
2,000
26%
27 Va
25%
27%
25%
26 y8
19,600
85
85%
86
♦34
68%
69%
72
72
6%
6%
6%
-
;
*60
60 aA
61%
*60
6'A
61%
6 %
*60
87%
-
500
1,000
72
6%
5,800
61%
27'A
28 Va
28 V»
28%
28'A
28%
16,100
29
x28%
28 Va
29
27%
28%
1,040
34%
*34%
343A
27%
34 y4
34%
343A
35
104 Va
•103%
105%
105%
105%
52%
26 %
*51 %
52 V4
*51%
52 y4
25%
26 V4
25
25%
*10
ioya
27'A
27%
27%
27%
34%
34 Va
*104
*52
104
104%
52%
*51%
25%
26
26 Vs
25 V2
26
*9%
10%
*93/4
10%
10%
•9%
10%
*3%
36%
3%
*3%
3%
*3%
3%
3%
31/4
36%
36%
37%
*36%
37 %
3%
37
37%
37%
No par
500
10 »A
39%
126
148%
»
«
800
27%
'
148
20
lo
,
687/a
/
,
84%
27%
53
20
I
24
*27%
10'A
,
39%
125
39
148
233/4
83%
26 3/4
6%
63 Va
39%
800
39
*143
40%
148
125
8
7*/8
73/4
7%
*104
*52
-
19%
25 Va
104%
■■■
39>/2
125
19%
7%
63/a
39
39 V*
39 %
*124%
13%
40
39%
40%
-
9oy4
176%
43%
•39
157
*40
40%
148
106%
155%
47'A
25%
61
17,800
5,400
5,700
21,200
47%
39 Va
46%
*175
'
69
300
:
42%
42 3A
40
27%
120 Va
12%
8 "A
27%
63%
400
6%
7%
27%
19%
105
'
12%
13%
13%
1.000
,
33%
89%
90%
176%
27Vt
10 »A
7%
25%
*83
No par
13%
..
27%
5
common
13%
176%
27 %
*147 A
preferred
*175
273/4
393/4
30
4,500
,
'
*6%
106%
24
—100
common—14
100
$4 conv prior preference—No par
Amer Zinc Lead & Smelt com
1
"
3,200
4
5%
28%
33'A
107%
23%
74
120%
90%
90%
13%
133/4
1063A
24
148
Inc
'
123A
23%
125
5%
*1041/4
33V4
123/a
81%
28%
6%
233,4
143%
63
123/4 '
A
■"■•V
200
13%
*81'A
<
-A
2,000
10,700
'
89
13'A
105
23%
103/4
.
25
•,
1073A
90
90%
176%
*40
73 /4
common
*6%
•32%
14 y4
*83%
:
—
187/a
14
28%
23%
10o
American Tel & Tel Co
American
107
107
*39
•143
■
300
14%
18%
81%
5%
•103%
■■■■■
7%
40
19%
Sumatra
No par
No par
American Stove Co
American Sugar
7% preferred
100
■
6%
33
73A
148
40
*
Refg common—100
100
Foundries
Stores Co
40% Aug 18
126% Jan 17
Sep
25
*143
23%
*27%
10%
39%
*124
preferred
12%
105
7%
156%
14
32%
7%
157
7%
*6%
32%
46 3/4
American
Jan
*103%
63/4
13%
47
7
80
105
•/
*14
84%
133A
81%
5%
28%
53/4
28%
90
*175
46%
157
27
38% Feb
5%
123/4
6,000
91/4
<
'
*39%
Ship Building Co
No par
Smelt & Refg common—No par
84%
13%
133/4
81%
*28%
32 Va
107%
107%
preferred
$5
T.'-,I/-''-."
\
84%
13%
81%
29
6 3A
106 7/a
*83
13%
12%
No par
No par
$6 preferred
*103%
123/4
Amer Rad & St San'y com—No par
2% Aug
page.,24.
& Light
6%
Am
Aug 25
8% Mar 30
1 6
Sep 29
60% Jun
Jun
Amer Power
No par
105
*6%
*32%
12 %
Amer
121
*
79
59% Jun
4% Jun
46% Mar
Sep
107
News Co
*28%
*103%
7
74% Sep 23
151% Sep 13
63% Sep 22
3
Jun
104
1
Co
•
8% Apr
66% July
120
Molasses
3
150% Jan
14
-
American
Jan
20
6
3
25% Jan
99% Mar 29
48% Jun 20
98
A
10
60% Jan
100
preferred
■;>
82
5%
27«/a
98
'
14
5 Va
8,900
48
*9%
18%
14%
600
43A "
•93
98
347,100
32
41%
27%
"<
14'A
18%
29
3*2
*40%
9%
•14%
14
5%
27%
14
18%
40%
July 26
Sep
4% %
American
9%
14
29
1,400
30,200
A
41
•93
13%
American Metal Co Ltd com_No par
,12% Jan 13
17
31% Feb
30
preferred
28% Sep
28
14
May
131% July
20% May
41
150
3
21% Jan
14
159% Aug 29
11
34% Jan
Sep
8% Oct 13
8
Jun
41
6
92% Oct
6
Jun
Apr
10%
Oct
3
10
142
34%
Oct
11
■*
130
35%
109
19
Sep 20
70% Feb
10
Jan
«27
7
83% Feb
163% Jun
•A; 35% May
140
105
-i
3.90%
9%
1
84%
46%
*471/4
1
13%
46%
48%
14
*83
4,700
46%
•47%
27%
14
*81%
11%
46%
43/4
*13%
82
11%
."
98
6,800
6,300
1,700
55
$54%
5%
13%
Amer Mach & Fdy Co com—No par
Amer Machine & Metals
*93
2%
4%
<_■-
.
*13%
■
14% Apr 12
9%
9%
100
23/4
32
41
48 Va
9%
84%
13%
*81%
73
DAY
A/-.;'
5%
*94
100
"94
COLUMBUS
32
4%
27'A
9%
*9
2%
41
5%
*47 %
48%
.27%
41
43A
5
*47'A
3®3
32
41%
41
74
—
173A
2%
113/4
STOCK
2,300
193A
17%
55
CLOSED
■4
6'A
*19
;
Shares
*6
17%
EXCHANGE
18% Jan 20
Jun
17%
11%
Locomotive
21% May
94% Jun
12% Nov
17%
553/4
Investment Co of 111
Feb
274
$ per share
6%
19%
•19
.
113/4
American
95%
17%
'
553/4
non-cum
common
193/4
18%
:
11%
American
14
ey4
V',....
the Week
Oct. 14
Oct. 13
$ per share
6
Sales for
Friday
Thursday
Oct. 12
S per share
56 Va
6
12% Jun
*19
173A
340
7,000
1
PRICES
Wednesday
2%
19% Oct
Jun
SALE
11%
1
Jun
HIGH
55 Va
7
Jun
19
2,000
12%
11
15%
1,000
31%
56%
Oct
26%
110%
31%
ll%
48%
14
Jan
109%
323/a
56
No par
com
111%
V,
par
1
Home Products
American
46%
par
par
50
preferred
American
17%
83
46%
23/4
—
Co
*53/4
193/4
*19
193/4
*18%
18%
• 17%
2% / 23/4
10
Rights
American Hawaiian SS
6%
40c
AND
i per share
6
53A
6
6
1
17%
83
47%
X32
.
r
Oct. 11
f ver share
f ver share
17 3/8
82
•110
*
Tuesday
•
900
17%
323/4
LOW
Oct. 10
1,700
18%
*18
18%
83
111%
323A
Monday
Saturday
STOCK
5
Dec
108
*110%
45
46%
18%
.83
47%
111
47%
47
45
•173/4
17%
83
*82
*»•
*82
47 Va
,.17'/a, 17%
..
Aug
13%
15% Mar
27
May 17
9% Sep
8
23
16%
Feb
Sep,22
3
37
43% May
7%
3
7
Jan
44
% Oct
Dec
*
..
47%
Par
19% Aug 10
18% Oct 10
5
45% Oct
35%
83
47%
20
share
6% Jan
Jan,
14%
Nof
37
13% Jan
4% May
89%
Dec
*82
EXCHANGE
6% Aug 10
28
15% Feb 24
Apr
Dec
6%
$ per
$ per share
4% Feb
7% May
19% Oct
19
17%
*17
STOCKS
NEW
Range Since Jan. 1
Lowest
Highest
Year 1948
t per share
;
Distilling Co
Range for Previous
Lowest
Co
,
-
*10
700
140
8,900
i'
400
31/4
37%.
.
1,700
14
Highest
Monday
PRICES
Oct. 11
Oct. 8
Thursday
Wednesday '
Tuesday
Oct. 10
Saturday
EXCHANGE
Highest
Lowest
YORK STOCK
NEW
Range Since Jan. 1
Tear 1948
Monday, October 17, 1949
HIGH SALE
LOW AND
STOCKS
Range for Previous
Lowest
CHRONICLE
RECORD
STOCK
YORK
NEW
FINANCIAL
&
COMMERCIAL
THE
(1502)
Oct:
Oct. IS
;
'
t per
$ per share
$ per
share
Jun
77
Jun
Jun
Jan
99% Jun
Nov
115% July
18% Jun
77% Jan 10
49% Oct
6
99% Feb
4
8
Jun 22
105% Jun
110% Oct
15
13% Mar
19
May
111
May
95
87% Dec
106
July
13% Jan 11
7% July 18
11% Feb 28
Dec
87
17% Aug
•
6%
6%
6%
19,400
60
"48%
49%
•97%
59%
59 %
8TOCK
60%
59%
60
48%
48%
48%
EXCHANGE
47%
98
•59%
98
48%
"97%
97%
97%
CLOSED
110%
110%
110%
110%
•109%
15%
"14%
15%
*14%
"9
9%
14%
9%
•8%
43%
43%
43 3 4
Atch Topeka <9c Santa Fe
5% non-cum preferred
97%
?
97%
96%
"100%
11%
12%
11%
12%
11%
.47
Jan
7
37%
37%
38
38
38
39 %
53
Feb
7
Line RR_.—..No par
Atl G & W J SS Lines common—1
77
Feb
14
Dec
70% July 13
39% Sep
30% Jun 13
Jun
106
111% Sep
1
100
93% Jun 24
20 * Jan
4,
Apt
42
Jun
100
' Feb
24% Aug 11
4
Atlas
••
8
.'«
!■
11% Jun 20
7% Oct
4% Jun 14 '
Jun
34% Jun 14 "
46 3
7% Sep 14
15% Sep 21
.
4% Jun 14
Jan
24
17% Mar 10
7% Jan
7
44% Jan
v
10
68
67%
68
67%
85
85
39
38%
110
110%
5
•23
——
common---
Austin" Nichols
>80% May.
May.
28% Jun.
38
30% Dec
15
Baltimore
7
4%
25
Jan
7
Bangor
72
July 27
Conv
Jun
16% Mar.
39% Mar 4
9% Feb 15 !
11% Jun
Jan*
32
i43% May
6
3
Barber
7
Barker
41
"
.
Barnsdali
4 ^
59
- Oct
13
"13
Bath
6
\
11%'
11%
Jan
87% Feb~25
i.22% May
12% Apr 27
80% Sep
16% Mar
*
16% Oct
69 n
Deo
100''1
Feb
30% Jun
Oct
8
85
*
6
27% Jun 30
134% Apr
37% July
20
5
6% Jun
30
Sep 29
20V4Jan
8
:
3
Mar
69
Jail
99
Oct
8
10% Jan 21
32% Feb
•
4
Mar 30
37
14
11%
11%
14%
14%
14%
14%
:: 9%
9%
10 %
14%
10%
14%
9%
10%
10
8%
9%
9%
9%
18%
9
17%
,:
9
9
18%
19%
19%
67
66%
66%
18%
17%
47':"' 47%
*37%
51
51
14'%
14%
12%
55%
*•
51
,
14%
!
12%
^
56%
Feb
26
0%YDeo
2i
68
Y Dec
86% Deo
93
<„
2
Feb
25 '
30% May •
37% May'
i
'pfd——jr.--—-—100
Mills, Inc
-_2.5o
preferredj£_No par
Shoe (A B) 4%% pfd——riOO
14
7
2
34%
34
34%
34%
34%
12%
12%
12%
13
13 "•
*13
13%
13% '13%
*12%
13
12%
-12% '
22 % Jun
29
14% Jail
•31% Mar 21
9% May 31
11% Mar 11
..
Highest
$ per
.
36
26y« Dec
' Feb
*13
9%vDec
13
Dec
.
Range*Since Jan. 1
Highest
$ per
$ per share
% July
22% Jun 30?
10% Jun
,
8% Jun
17 % May
*
9% Jun
30% Jan 12
13 :
.
15
13 Ya
6
Oct
Sep 16
13% Jan
15
7
8
47
19% Nov
17% Jun 13-
25% Mar 30
22% Dec
37% May
21
Aug 24
Sep 13
27
Jan
18
Bohn
64
Jan
12
5
18%
Dec
27% May»
16% May '2
Jun
38% Mar
'
10y4 May
11% May
36 y8 Jun
May
5% May
Oct
15% Mar
8%
27
26
33% Aug
Aug
35% Feb 17
8% Mar 30
.
47% Jan
6% Jun 13
9% Apr
Jan
7
Jan
10
33
Jan
6
25% Oct
*
6
Jan
14
18% Jan
9 ' Jan
3
98
3
■
103% Aug 23
35% Oct 13
•10% Jan 21
29% Mar 14
,
37
90% Feb
99
23% NOV
85
Jan
6
15% Jun 27 "
15
Nor
24% May
13% Jun 14
Sep
7% Deo
124% July
11% May
75
July
65
Mar
30%
Deo
40 '
78% Aug
,
120
Feb
"97
72%
Deo
100
>.Apr
88
77
12%
10%
89
Dec
2% Mar
16
.Mar
98
Jan
•
125
Sep 30
6
34
Jan
13
95
Sep
13
•
Apr 20
15
77
Feb
10
7
Jun
16% Jan
14
9
121
6% Jun 13
,
Jan
60
Feb
7
17
Jun 13
98% Jun 10
,
Feb
9% Jan
1
3
4% May
27% July-
Jun
82
7
May 14
Feb
4
7
2
4% Mar 30
24% Jan 27
*
30
Feb 20
36% Jan 28
May
2
58
Jun
2
3
14% Mar
10
Feb
45% Apr
18;
56
For f00 tnotes
Jun
page
104% Oct
2
T
Oct
10
5% Jan
6
109% Mar 21
18% Jan
8
10% Jun 13
40% Jan - 5
12% Mar 23
24.
Apr 18
22% Jan 10
12% Feb
4
35% Jun 27
50
7
26% Jan 24
1
Sep 28
98
May'
Aug
see
13
3
9% Jap
19% May*
47% Dec
.
Jun
3%. Jun 27
16% Jun 7
44
May
*19% May'
Mar
11
119
Mar
38
1
15% May
Nov
37% Deo
20%
'
Mar
4
41
*
25%
46 Ya
55%
97 V*
*96%
*96%
'
■
,
>■,
,
■
.
'•
46%
54
53%
■■
3,300
11,800
97%
100
*2V8
■
Y
-
2%
2y8
2ya
400
33%
33%
32%
32%
600
7%
7%
.7%
7%
700
29%
32%
7%
31%
32%
360
26
600
26%
27%
104%
26%
3,300
*104
35
35%
34%
34%
7,300
10%
10%
10%
10%
16,900
27
26%
».■
7%
7%
26 3A
26%
7
26%
33%
33%
34%
10%
10%
10%
10%
.36
36 Ya
35%
35%"
36
36
36%
37
*99
99%
99%
99%
*98 %
*99
99%
*99
*19
19%
19%
19%
19%
19%
19
16%
16%
16%
163a
17 \, Y ■'Yy;Y";:yYX
16%
19%
17%
*123%
124y2
*1231A
16%
124
124
104%
;
■
•■'
Y-.
'
•;
'
>
.
36%
A
99%
124
10
10%
11
15,100
73%
32
32
92%
92%
16%
16%
34%
32%
*31%
32%
92%
*915A
93
16%
16%
16%
34%
34%
17%'
34%
74%.
*123%
20
600
11,500
73
73%
93%
17
74
11
73%
32%
16%
11%
107i
*92%
99%
•18%
124
11
74
*73%
800
37
Y
18%
73%
10%
74
*32
500
*123%
10%
124%
11
; lo'A
3,800
5,400
.
104%
*104
33
•
*104
-
320
~
*32%
92
A
34%
,
17%
:
-
79
*84
y
1
17%
•
.
Y
17%
200
31%,
92%
400
16%
16%
1,300
34%
34%
600
17%
*89%
"
31%
*91%
•
17%
79
*74 ;
•
•89%
90%
140
:
84V4
84%'
4,600
89%
89
*74
,
.*84%
86
85
85
200
— * 74
79
*74
79
79
:Y;
YY: ; Y
:
18
90%
r
..
_
v
14%':
14%
14%
*14%
14%
8 s
'
7%
8
*7%
110
111
110
7%
111:;
14%
14%
•
8
8
113
111
115
8%
8%
66%
66%
4%
4%
8%.
*23
*103%
67%
23%
22
23
.
105%
23%
Packing conimbtt__No par
preferred
50
"33%
*53%
34%
55
*33%
34%
*53
55
——1
1%
1%
1%
4
18%
4%
18%
18%
10
10
•98% 100
"39
*20%
13%
47%
"14%
*54
4%
4%
41
20%
13%
47y2
15
55%
23%
2
4%
4
10
102
t
•
lRVo
10%
1()2
*39
41
*20%
20%
13%
*47
•14%
55
14
48
15
55%
■
.
4%'
22 y2
*102
34%
34%
55
*53
1%
4
22%
105
23%
23
;
18%
2
4%
18%
ioy8
10%
102
*101"
41
*39:
20%
*20%
13%
48'
15
*55
:
*
14%
...
22.%
*102'
,
34%
-
101
*40
20%
13%
4%
22%
1,100
"
103
40
23 YA
35
55
1%
*
4
'
2
4
18%
1874
10%
10
10%
;
400
800
;
18%
101
52,000
7,100
1,400
19,800
ioi% 101%
41
40'
20%
20%
14%
48%
13%
14
200
'
40"
20%.
48
*47
15%
*14%
15%
56
*55?
56
*47%
s
•
5,000
35
2
4%
4
18%
*21%
:
*53
34%
3,400
526
23%
55
1%
.
130
8%
68-
103
23%
*53
10
22%
2,300
112
8%
4%
4%
103
*23
■'
68
67%
"
-
4%'
103%
,
8%
67%
'
'
4%
8%
67%
8% /
8%
67%
8%
67
112
";-
5,300
8'
8
8
-
14%
14%
14%
*112
'
23%
preferred A———-t^_>._10
.
10%«
California
$3
'
".
25%
105%
NO par
'
46%
54%
-
6,000
Ya
*23
^
45 3A
'
33%
Byron Jacksoa ^Co
Mills'-
,.
*
'
1,420 '
V
25%
25%
"lO'/s
preferred
-100
Butte Copper & Zinc_:—
5
By era Co (A 'M > commonii._No par
Capital Admin class A cdmm6n_—i
j
'■
104%
————15
Cannon
10
-
;■
*104
4 Ya %
11
17%
,
25
*74
11
19
17
340
54%
18%
17%
Y
25%
preferred
100
Burroughs Adding Machihb—No par
Bush Terminal;
--rr
-----l
Bush Term Bldg 7% preferred—100
Oct
54
18%
17
DAY
25%
88
15% Oct
-A:
54
18%
54
'
25%
*83
48
1,500
25 3A
preferred—.-100
Canadian Breweries Ltdii:_^_NO par
Canadian Pacififc Ry-^.—25
23
7%
7 %
17%"'
Dry Gihgtfr Ale cdffiiL---1.66%
23
22%
29%
89% '
$4.25
convv pf ef erredl4->
No par
Canada' Southern Ry Cnir—-ys.100
4,500
25%
17 3A
Can
21%
25%
89%
Copperi-—5
70
21
20%
25 5a
90%
Campbell W & C Fdyj^^-Nb par
800
12
49
24%
7%
17%
Calumet & Hebla Cons
,
•
7%
4
*89%
Zinc-Lead
12,''
*46%
20%
,
25%
104
104
-
5%
6,300
12%
11%
25
Buloya Watch Co Inc_^—^
——5
Burlington Mills- Corp cdmmon—1
4% .preferred
——100
Callahan
12%
12%
49
29 %
30%
*34%
participating preferredi—100
—-j..-. No par
6,500
7%
34%
7%
700
14%
25%
*34%
common
26%
14%
24%
16%
Butler Bros
Shares
26%
7%
16%
-
the Week
fi
tper share
24%
*16%
-
.
26%
7 Ya
24
*25%
*33
Sales for
Friday
Oct. 14
7%
No par
Co
May 6
20% Sep 29
15% Sep 19
55% Oct
8'
8
30%
32
1
3% %
x97% Jun 13
■i
COLUMBUS
33 Ya
323i
300
14%
22%
2ya
2
33
*32%
7%
7%
2%
*2
2%
33
*30%
,
3 % %; conv '2nd
46%
*32%
—
14
Apr
6 ;
13% Jun 14 *
Sep*
May
8% May
31% May?
^
-
Oct
52
101
:*2
10
54%
>
M^tine RR (gssented)-ioo
Feb
7
'
97%
92
18% Jan
40% Jun
Dec
*96%
•85
52*
6
52%
97%
13% Apr 19
77
May 7
70% Jun
6
27% Mar
9;. Nov
52%
11
Jan
July
85% Jun
21% Deo
46%
*96%
36
105
Jun
46
51%
96%
'46%
15
—
Bearing Co.:
-5
Braniff Airways Inc
r_2.50
/Brewing Corp of America15
Bridgeport Brass Co
No par
Briggs Manufacturing Corp—No par
Brlggs & Stratton
:
No par
Bristol-Myers Co common
—2.50
3%& preferred
.100
Brooklyn Union Gas—i
No par
Brown & Bigelow—
l
Browq Shoe Co Inc common—_15
$3.60 preferred
;
No par
Bullard
17
52%
13
23% Feb
1% Deo
17%".
.17%
1,500
26%
11%
CLOSED
,
54%
19%
96%
16% Oct
July
15% Jun
10
73
Dec
17
17
Bucyras-Erle Co common——:
_5
7% preferred
-10o
Budd -(The) Co common-—No par
$5 preferred —i
—No par
Buffalo Forge Co
1
Buff Niag El Corp 3.60% pfd—100
5
Jan
114
8% Dec
,
.
x54
xl9%
Brunswick-B^lke-Collender —No par
Oct
17% Jun
Feb
7% Nov
79; -Mar
73:
Jun
54%
19%
4
11 Ya Oct
.
54
19%
2,500
11%
*
*11%
11%
*46%
?
22%
22%
54
19%
25%
25
25 V4
12%
V
STOCK
21%
*53%
24,700
.
26
V.".-.
v
.
EXCHANGE
-.r
52
29% Jun 15
Jun
-.
14
74
12% Feb
24% Jun
.
811 Mar
Oct
Aug 18
Apr
86
21% May
43% jun
29%. Feb
16% Dec
22
26% Jun 27
Jun
00% Jun
Deo
100
49
21
22%
22%
11%
*46%
7,900
•<■-,-
28% "29%
*134% 135
t per share
12%
11%
Y:
■;
21
20%
22%
■
33
800
14%
■■
■
14 '/4
12%
11%
49
26%
32%
32%
Oct. 13
$ per share
:
■
'
•
27 y4
Thursday
Oct. 12
14%
\ 19 Ya
Roller
Bower
12 y4
11%
*26
•
700
30,100
27
29%
135
25 v
11
500
.
2%
101'
*'
2%
PRICES
Wednesday
—5
100
(The)
preferred
Boston &
14%
*47
21
17% Mar 14
7% Jun 13
61% July 6
„
'
12%
16
32
29
17% Feb
120
10
14
12% July
.
9
17
26%
12
>
SALE
17%
46 V2
54%
Co
3%%
: 21
1
Inc
HIGH
$ per share
14%
47
29 '
:
Oct. 11
♦25%
11%
47
32%
.
*134%
Tuesday
No par
Stores
Borden
*11%
•
11
t per share
26
t
25%
11
No par
Borg-Warner Corp common-
20% Jun 14
21% Jun
101% Apr
23% Sep
Feb
Jun
26
—5
Brass
&
B
Bond
97% Aug 18
2% Jan 13
6% Jun 13
25'/a Jan
5
Feb
34% May
37% Jun
Dec
4
l% Mar
Jun
Aluminum
Class
55% Oct 13
7
42% Apr 21
91% May 11
66% July
96
92%
24%
11%
Monday
share
5
19% July 28
47% Oct
4
-
t per
No par
Ben Ami Co class A
32% Jan
8'.
-;
81%
81%
101
2'/4
27%
*26 *
134%
LOW AND
Boeing Airplane Co—r
8
32%
29%
5
28%
134%
25%
*11
12%
9
f
Oct. 10
,12%
Aug
25% Nov
11%
Oct. 8
Brothers
Aug
Nov
29%"
135
24%
.25%
Saturday
r——1
Laughlin Inc—
—2.50
18
25
•25%
27%
•
32%
32%
28%
135
•10%
*27
26
;
5,500
2,000
9%
9%
82
30
5,700
32
26
101
2%
600
.
31%
9% f
101
2% '
200
12% •12%
86 r
86
26
82*
33
2%
1,200\(
"
v
32%
9%
70
1,700 "
13%
*13
13%
26-
3,300;
8%
30%
.
12%
86%
•
32
101 %
101 %
32%
29%
&
50
*27% Mar
2%
*81%
2%
27%
130
88
8%' V
34% >.'35 7
13 13%
13
12%
^
*84
: in
30%
13%
26'
100%
-
27%
135
(E W) CO,
Bloomingdale
Jan
71
•j.
32%
28%
Bliss
Jan
7% Dec
>32%
"133%
Bliss
96
6% Nov
26
Dec
2%
.27%
14%
51
42
100%
'
'
34%
^
*85
9%
26
OO
*81%
.14%
Dec
32% Dec
83
27
9%
9%
101
2% Y
Black A: Decker Mfg Co__—No par
Blaw-Knox 60 _j.
j.—No par
57% Dec
44%
%
Par
80%
87%,Nov
1% Aug
"81 1
♦100
com__No par
share
33% Apr 26
37% Nov
42% Feb
26
25%
EXCHANGE
44% July
29% Apr
82% Mar
32
9%
NEW YORK STOCK
Lowest
•
share
19% May
14% Sep
31*/a
STOCKS
Year 1948
f per share
32
25%
Bigelow-Sanford f Carpet:
NO par
Birmingham Electric Co——No par
Range for Previous
Lowest
31%
;
8%
120'
99
.
30
13;
;
86% '
25%
.-—10
t---——100
preferred
86%
31%
9%
—1
—————
87
>r 9%
Appliances-.:—33 %c
1
87
31%
•
•
89
"87
i—5
—&
:
34
-
'
pfd $3:25 ser of 1940_Nopar
of'19^6-Np ^)ar
F66ds
85
85;
.34%
Cum. pfd $4- div feer
7%
J
—10
.1
1
——•
Bethlehehi Steel (Del)
3,200:
—50
Best
Oct
2,400
18%
8%
-■»
33% Jan
14%
18%
29%
Best & Co———
136% Feb
14%
19.';
f
3%
Benguet Consot Mining- CO-18 pesos
3
14%
19
29%
33
'
11
May 10,
13
37% May *
Cumr
*14%
29 ^
*28,!'
'
8%
13
1,500:
9?
*28%
13%
5,100
99
8%
"12%
4,000 /
13
"
'•
*97%
:
88
15 ^
57%
14%
57
14,400
51%
■"'<
12%
'
•
39 *
29%
29%
",13
51
>
600
*29)
'
8%
12%'
*37%"
15%
*28%
V,
10
800
*46% V 46%
16%
'
13%
V
Z 16%
"
59
:T- 58;.'
-
19
*84 %
88
14%
8%
100
coht
*84
85
19
•
51%
12%
14% 4,15
19%
51%
;
99 A
15 I
••
19%
39
29%
preferFed
Home
15
'
17%
"8%
:
23% Jim
.
Bendix
85
commCh—i___10
Beneficial' Indiib1 Loan
20
47%
"28%
Beech-NUt
Bendix Aviation'-
15%
19%
9,100
1,600
>
I 66%
•
57%
♦97
97
18
19
*66 V
1
Beech
Howell 'Co
97
97
15
Sep
7
2% July 6
27% Oct 10
129% Jun
26% Dec
NOV
102
Oct.
39%
Mar
9
82
5
Jun 28
Jan
23% Feb
25
7
14
Sep 14
139 % July
.
30% Feb
125 f
Jan
26% Sep
4
73% Jan
102V4 July•
23% Feb
11
*
21% Feb 24
26% July
87% Mat
i
34% Mar 30
6% Apr 13
21% Jail
.
Nov
■
:
Jun 13
,
96%
16.100
*18%
'
14-4
12%
29
7,100
9y»
19%
*37%
'
*
800
14%
10%
,
16%
51%
-
*28 V*
$1.25 div cohv
Aircraft" Corp—Beech Creek *Rtt
i-
39
*37%
56%
*12%56 ■>;
Mar 21
26
700
37
37 y,
*46 %
.
17%
14%
12%
14%'
12%
"55%
98
38% Jun r
■
.
" 7
67
18%
,
17%
38%
"
No par
common-.;—.25
Beaunlt
4% %'
;
•66 c
47%
*47 <
17%"
*17%
1
18
18% 5
19% i
*65%
*
Wortcs CorpzL——j.——1
14
Oct
86
Jun
6% "
38
•18%
18
17%
51
Bell
103%
31,900
•14
50%
Feb
90% Deo
Si%: V4 57 a
9
conv
&
6 £
9%
—5
—
17
l
37%
5%
14%
1——50
16% Jun 30
18
37%
1,300
9%
39
i4 ¬
Feb
'•
3,200
11%,
8%
"37 %
10% Feb 14 *
16
100
57/8
11%
"
5%
•'
:
"13%
v-
17%
11 y# Jun
11% Jun 16'
6%
11%
11%
5%
47
19% Mar
May;
6%
y
x37%
46%
24% -Jan
120%
15%
*15 i.
15% '
800
6%
6,% i
6%
"17%
14%* Deo
14% Feb
10
*16% y 17 y2
38%
10
10% "Nov
1
80
109%
..
5%
19
Packing Coi—
Belding-HfeSntrrwajr
Bell Aircraft' Corp—_j.
32% Feb
2,330
,
*37%
67
Bayuk~ Cigars Tnc
FoodS" Co
Beck
2.9C0
50
50
6%
18%
Beatrice
3%%
23%
23
*108
7
•15
6%
11%
5%
6
;
CommCn7 "when: issued"--—12.50
00
510
39%
"65 Ya
Oil Cb
Iron
98%
*
6
(Delaware)—;_10
Cortf
6%
15
98
50% "
^6%
6%
15
5,700
*110
109 v
16% *•
*16%
400
88
38%
llO'/a
38%
5%
■
preierredi/-100
AroOstook common.—.50
preferred——*.
.100
preferred
4%%
1
17% Jan 20
•
Ohio
Brothers' commons
3
Mar
51% Sep
15% Oct
•
3
Jan
,
5%
Oil
47% Jan
36
8c
6%
15%
*85%
98%
23%
50
17%
•16%
*66%
39%
110 y2
109
109
700
68
68
85
Y,;
l
Works'
-13
comrhon——100
(B T) Inc
Locomotive
&
6%
"15
4,100
,
non-cum
•21% Jan
23%
•
7
•
Dec
Nov
15% Dec
11% Jan
22% Jan
.
Jun-
45
:45%
7
f
y» Jun 13
,Jun ?8
Sep
8
60
•59iv
Feb
12% Jan
14% Jun 14
14% Jun 13
31% Jun
36% Nov
Babbitt
■
17%
39 V'4
22%
.
50%
49
*in«3'«
39
*38'A
Mfg Corp (The) common—3
conv preferred-——No par
y;.
49%
103
"16%
7 v.:
■
$2.25
■
23
15%
11%
'
22%
"6%;
Automatic Canteen Co bf ' Amer—£
Avco
22%
17%
•14%
5%
:•
13
--N0 par
common
22%
48%
•106%
900*
5,200
40%
98
98%
48%
7,200
h:
12
110%
97%
98%
11%
38%
-
Ul
98%
23%
($1.20)—No par
T——————6c
Co
*110
98
108
"16%
prior pref
111
"110
98
12
85
98
98
40
1,800
43%
101% 101%
101%
*67%
39%
48%
Baldwin
7% Jun 13 ;
16% July
29 ya July4
"Feb
Dec
8% Jun
Jun*
17%
1,090
43%
11%
■V/'-V'"'
85
38%
"105%
14% Jan 19
8
3,800
101
39%
7
"■
■
.
68%
84%
39%
B
Jun
xl3
18% jun
14%
105 Vz
43 %t
98%
/
101
■
"A '
85%
No par
Conv
1
101
39
conv
Autocar
98%
101
"85
preferred———.—100
Tack Corp
No par
4%
Feb" 11
13 %
Corp
Atlas
13
96%
101
"67
Atlas Powder
3
Oct
"100%
preferred series A—106
$3.75 series B_;
100
conv
Preferred
20% Jan
.
97%
101
100
25
preferred-.;
ndn-cum
4%
Jan
15
,
5%
Atlantic Refining common
58
7
Sep 30
4% Feb 25
13
15
Aug 18
Atlantic Coast
109
10
Jan
Mar 18
94
>
14%
*99'A
14%
97%
12
7
110
''••••"'•
105%
43%
43%
43%
240
100
Associates Investment Co———10
43%
2,100
98
106
14%
99
V
40% Nov
1,200
105%
com—100
100
9% May
15% Feb
13% Feb
9%
14%
————10
.16% May
19,
Jan
19% Jan
' Mar
15 >A
9%
99%
A T F Inc—.
24% Jan
11% Dec
110%
*14%
107%
7
25% May
13% Feb
*110'A
9%
9
'V
14%
24
.64%
4% Feb
DAY
99%
Jan
114
35% Jan
110%
15%
*14%
COLUMBUS
100
preferred.'
15
Nov
NOV
47%
*97%
"99%
2nd
105% Jan1
50% July
•
48%
97%
100
7%
800
■
48
"99%
4 Sep 12
14%
14%
9,100
97%
*106,'
14%
'
*109%
15%
9%
"8%
103% Jan
81
48% Aug
Sep
20
Oct
4% Dec
12% Nov
60
110%
"14%
'
64% Deo "
99
9 <
6%
4
32% Jun 13
Jun
31
6%
14 !
May
60
400
6%
6%
6%
14'
99
*20 '
88 y2
Jun
114
10
25%
88%
10% Aug
Feb
*11
25
88%
97% Jun
35% -Jan
Sep
30
Feb
102
Feb
6% Dec
25%
88%
Jun
80
66
*19%
25%
19% Jun
62
July
120% Sep
107 %
Feb'
Mar
13 y* Dec
44% Deo
91
59%
Shares
25%
88'4
r
6%
59%
share
tper
y $ per share
for
the Week
87%
24%
88
107
1st preferred
13'
6'/a
Oct. 14
24%
24%
87%
106 y8
6%
f
V\
88
107
10
44% Sep
25
"106%
14
Oct
100
„
25
88
100
100
15% Sep
107
Apr 27
Apr 12
30% Feb 14
Jun
35
Jan
96"
S per share
$ per share
tper share
t per share
Par
■
com
—
16% Jun 30
1
12% Mar
11Y4 Dec
3
94
Jun
88
84
■
■
10
4%% conv preferred—
100
Armour 8s Co of Illinois com.—5
$6 conv prior preferred
No par
Armstrong Cork Co com
No par
$3.75 preferred
-No par
$4 conv preferred————No par
Arnold Constable Corp—
.
5
Artloom Carpet Co Inc
-No par
Associated Dry (foods common—1
8
49% Jun
7
38% Jun 13
Jan
103
Feb
7% Jan
13
56%
13% Dec
95
15
5
106
41% Feb
26 *
•,
Steel Corp
Armco
27% Jan 26
19% Jun 14
15% May
101%
6% Dec
68% Dec
98
share
'
Dec
89
$ per
share
32% Oct
23% Nov
Sales
Friday
18
.
.
48%
*14%
15%
55 y4
55%
10
200
29,400
200
.
200
210
?
Volume 170
Number 4847
THE
COMMERCIAL
NEW
Range for Previous
Range Since Jan. 1
3%
Feb
26 ft
$ per share
Sep
100 %
Dec
5 ft Feb
30
;
Dec
30
i July
41ft Jan
32
Dec
12 ft
.
100
Nov
-
'
19ft May
43ft Jan
6ft Mar
\
Dec
8ft July 26
Capital
7
Carolina clinch
5
Carolina
14
35 ft Jan
29
14
16ft May 9
37% Sep 29
8ft Oct 14
12ft Jun
4
J
•
6
Feb
24
30
Jun
10
40
Feb
22
Feb
97
Feb
105
Jan
11
140
7
Carrier
/'•
Mar 12
July >
123
Feb
140
May
147 Va July
34% Sep
39ft
*7%
Corp
&
97
23
105
15
Apr
xll4
Jun
Jun
131ft Jan
4%
Feb
.•34%
Jun
13% Jun
17
26% Jan
Corp
Dec
'20 ft
Jan
15ft Jun
17
18% Jan
16
Dec
18%
;
14% Jun
Feb
17
29
6ft
Feb
lift
Sep
7ft May 31
5ft
Dec
12%
Jun
3
22 Va
Dec
38% July
6%
Dec
8% Mar
12% Jun
108
Oct
74
Nov
•83-
'
9
Oct
Oct
4
112
3
Sep
88 ft
Aguirre
Ga
7%
Dec
15
preferred
11
Dec
Central
111-
r
Dec
'28ft
Nov
20-
4 Va %
9
24 ft
Feb
.17%
Feb
-90
•33
Feb
7%
May
11
Central
&
6
Central
77/8
Nov
6
Jan
7ft
Jan
4 ft Mar
■>
7% Mar
30
13%
,
Dec
7
29 ft Sep
34% Jan
7
Feb
3
Dec
Dec
57,
85
3ft Jun
13
Jun
13
9
Feb
11
5ft Jan 21
24
10% Apr
18 ft Jan
28
10
Jun
13
4% Jun
Jan
8
5ft Jan
7
13
8% Jan
13
33% Jan
7
8ft Jun
V
14
27
15
21% Jun 14
49ft Jun
7
8
17
13%
13%
15 Ve
'
Jan
72 ft
Oct
July
10
15 ft
Oct
56% Jun
10
'
14
May 11
5%
8%
8%
34%
Jan
$3
34%
11
14
14
12%
12%
9.50
13
13
No par
*7
4
»14ft
Feb
2 ft
Nov
44 ft
Oct
31
Feb
50%
$ pershar6
Nov \
Conv
Apr >
63 ft May
:>..>
19 ft
29ft
Nov
Jan
'
7ft
Dec
•84ft
33
Jan
•
"27% Mar
'
176
21-
Jan
>
7%
-
> "'>3.
7%
22
*21
29%
^
13
7Ve
14 »/a
176
88
22%
>34 ft
108ft
Jun
Dec
Nov
>78 ft May
39
Dec
12%
Dec
47 ft May
V 18% Mar
Nov
4ft
Dec
75 ft
35ft
.
Dec
147
7
8
Chiie
14
58
Jan
7
32% Sep
16
105ft Sep
7
Jan
July
4
Feb
11
3
25
5 Va %
,
13 Va
'97%
98
97%
98
7
7 >
,21%
6%
,
4%
21ft
21ft
30
30%
,81%
81
4 Va
4
4ft
4%
4%
4
Ve
9
9
9ft
9 Ve
9%
11 Ve
Va,,
8 Va
8%
16%
16%
6%
6%
3%*
11 Ve
•,
8%
16 Va
3%
65/'a
"
0%
3
>
%•■•;.
6%
6%
26 ft
26%
11
7%
7 Va
6%
7
3%
4
4
3%
3%
6%
7%
7 Ve
4ft
7%
7ft
7%
31,600
27%
28>/a
28 Va
18.400
26%
11%
11%
11%
8% Apr
16
29%
29 Va
30
par
26 ft
26ft
26%
26%
26%
26%
26%
52
33%
51 Vi
26%
52 >-
33%
*51
33%
33%
73 ft
7">ft
*11%
12%
*72%
73
*11%
i2%>>;
'51
Oct. 8
13%
3
T-
13%
*39 ft
74
73
12
•*11%
AND
HIGH
Oct
SALE
*14%
'.
14%
V
'
31%
31%
31%:
31%
31%
:
101%
*7%
non-cum
3
112% Jun
16
7%
7 ft
*84%
84%
84%
20% Jun
16
26% Oct
13
> Jan
11
108
62% Jun
14
73
Feb
17
Aug 15
43
Jan
26
29%
29%
*18%
19
18%
".'18%
>■
19
10% Aug 23
V
24% Jun
22
3% July 11
31% Oct.
5% Jan
4
15
«30% Feb
July 19
141% Sep
Apr 26
82% Jan
28
21% Jun
&
Pitts
RR
7%
..50
No par >
—1
"*'■
4%
2nd
cum
No par
100
*68
,
*109
DAY
>
*106%
103
66
*65 V8
66
39
*37%
39
31ft
•31ft
V
*4
31 Va
134
%•"> •:< ':•'• -:>
>
4
■
»• 41
Dec
60 ft
Dec
183
>;
xl24% Juxf 13
Jan
172
6
64
1332
July
31
Dec
45%
Sep
96
x87ft
1075
60% Jan
Sep
1332
July
1075 > Jan
5
Jan
166
167%
166 Va
166^i
No par
*61
61ft
61 Va
61%
'
29% Feb
25
41% Oct
Apr
Jan
8
96'A Sep
40%
!
96
'
15
Nov
16
Feb
12%
Feb
<22%
Oct
16
Feb
22%
Oct
25% May
26% May
15
20
*19%
13
preferred'
17% Jan
7
Mttr 22
15
:
*94%
$3.50
17
20% Sep
16
Colonial Mills Inb
19
24
Colo
x!3% Feb
i
-No par
No par
12 % Jun
13
Jun
6
Jan
Collins & Aikman
Corp
i
13
7% Feb 10
48ft Mar 2
13% Sep
16
Columbia
68% Sep
28
26% Jun
13
32 ft Jan
13
Columbian
18% Jun
9ft
29
22% Sep
14
Columbus
19% Jan 24
18% Jun
7% Jun
10
12
Jan
7
Nov
11
Dec
8'ft Jun
15
13% Jan
8
7% Jun
7
11% Jan
10
17% Jun
6
24% Jan
10
16% Jun
22
23% Jan
10
9% Jun
7
12
9ft
Dec
18% July
17% July
20 ft
Dec
32% May
20
Nov
31% May
Feb
14%
Sep
13 ft May
>10 ft
*
Jun
Apr
40%
5%
„—
x
'
i
50
>
1,900
.
18%
700
600
25
25
25
*120
169
*68
72
72
41%
109%
42 ft
•
6,400
109%
109
25%
26%
400
108
108
*106%
66
*65 ft
66 Va
39
*38
39
12%
12%
31%
31%
31ft
4
4ft
25%
*4 Ve
4%
25%
25
*132
77
25 ft
135
*76
r
.4'
f,
*132%
> *76
..
•;
M
12%
x3i%
1343/4
71
50
-r
•
12 ft
4%
77
120
„
25%
66
V
;
163%
165
!
i
9,300 :
! 3,800
|
"2,500 >
25'A
1
2,600
135
:
77
110
100
''
.
163
>
.,
61%
-
40ft
95%
17%
16%
19%
19%
61%
163%
1.1,500 '
-
61%
420;'
>1250
41
41ft
96
70
1
17
17 ft
16%
16%
2,800
-
19%
19'A
20
2,100
15%
*•"
-
41%
95%
19%
>
16 Ve
15%
15%
9,000
'.*94%
3,300
96
'
19%
V
62
41%
•
17'/a
1934
162
163ft
61 '/e
/
*1275
40 Va
*94%
•
17
20
:
29'A
*18'A
169
*
800
71/4
84
1
"
15%
16
15%
16
17%
17%
17
17%
17 ft
17ft
17%
500
11
10 ft
10%
11
11
11%
11%
10%
10%
390
11%
11%
11%
11%
12
12%
12 Va
12%
12%
12%
330
*10%
lift
10%
10% r?
10 ft
11
22'A
22 ft
22%
22 '/a
22%
223/a
22
22%
22 ft
>22%
conv
,
17% >
7,700
*38
:
,f
*1275
40 ft
->> 96
96
29
J
230
2,000
56%
"
*61
*1275
'
40%
17Va
Fuel & Iron
Corp com—No par
preferred—20
Colorado & Southern Ry com—100
4% non-cum 1st preferred
100
4% non-cum 2nd preferred
100
Columbia Broad Sys Inc cl A
2.50
Class B_
2.50
Columbia Gas System Inc—No par
•
;
'> '*'>
*1275
'
13
89
A
Coca-Cola Internat Corp
No par
Colgate-Palmolive-Peet com—No par
5
Jan
Class
*
7ft
*83%
?
102
26% >
•
1
(The) common.No par
Coca-Cola Co
15
July 25
26%
*106%
-
'
63% Jun
10,600
'
31%
">•
30
-31%
56
41%
109%
39
24%"
'
,
77%
18%
24%
.
134%
85
>*68
12 ft
134
135
*76
f
26,400
26
30
*■'
25 ft
*134
77
66
12
31ft
4 Va
4" '•»
25
24%
134
*75%
*65
1
31% '
4
24%
>
12%
190
32
53%
1013/4
1
7%
84 ft
72
■•'*37%
>
12
4,100
31ft
567/8
*18%
26% 526%
»-■
12%
26 ft
29
41%
*106%: 108
300
.
53 ft
102
»7 ft
.(
109%
-
*31
*120
41%
26ft-
.
56
24%
109%
-■
31
543/a
313/4
:
*
39
*257/e
V
fr
169
:;>*68
41%
110
108
•
■
*24%
72
V
41
'
*25%
V *65%
*37%"
12 •>
.100
preferred
72
41.%.110
26
—1
Cluett Peabody & Co com
7% preferred..:
2
COLUMBUS
7ft
*120'
V 169
*106 ft
-50
gtd
25.ft
*120
*25 ft
.100
;
Co
*68
-19
25
25%
169
41%
*109%
par
No par
1
Clopay Corp
9
71
?
i
preferred—
Cleve
12
V 133
92 ft May >
.100
Climax Molybdenum.
Clinton Industries Inc..
37
.
5%
Aug 10
*25 V*
*120
,
39%
'
; >x31'A
18%
7%
3 Va
39% '
for
Shares
14%
3
31
29%
Special gtd 4%' stock-
15 ft Jan
105
;
CLOSED ;
Sales
the Week
$ per share
3
53%
<
84%
29%
Illuminating com..No
$4.50 preferred
Cleve Graph Bronze Co- com
STOCK
T
IV
29%
.
2,000 >;
12
*14
14%
2%
>
101%
26 ft
55% •56
85
.100
preferred
42% Jan
16
>U
.>
102
25%
—.5
Feb
Cleve Elec
7%
25%
*84%
..20
5%
55 ft >55 %ft>
73%
"
*29%
.100 "
9
22 %
55%
—5
C C
Mar
102
102%
25%
*14
•
EXCHANGE
32%
No par
Clark Equipment Co
f
*102
•>.:
25%
>55%
'
8
85
102
*3,1
23,700
Friday
$ per share
39%
•••
900 ::
900
r
Oct. 14
' Oct. 13
40%
*31%
30 ft Jan
28
32%
*31
543/a
1
36% Mar 11
'39 Va
53 ft
19% Oct
68% Sep
40
39 ft
Thursday
f
$ per share
3
53%
6
109
■;> :>2%
3Va
v
■'
Oct. 13
$ per share-
1
4,900
3,100
;
V
FRrCES
Wednesday
-
11
.
53 ft
20% Jun 14
%
i
..>
34 Ve
73%
53%
No par
& St Louis Ry Co com
)
2,100
51%
33%
'11%
12 :•"'
31%
5 % % preferred
City Products Covp
City Stores Co
C
40%
3
*51 ft
74
Tuesday
14
14
.' >»:
.
26%
34'/a
31%
13
.
3
26%
,
52
53%
Oct
"
;
•
11%
33 %
iB.50
*
2,500
--2,300
29 Va
51
..25
Sep 21
Jun
V
11%
33%
*11%
$ per share
„
27%
52
Oct. 10
t per share
1
common
1,100
17ft
29 Ve
,
73
•
Monday
Saturday
■
Milling Machine Co..-10
City Investing Co
9
33%
LOW
-10
i
9
12 Ve
23 "2
100
C I T Financial Corp
9,300
7%
.100
Cincinnati
13
11
17ft
29 Ve
preferred—
18
1,800
3,000
9 Ve
-25
56% Oct
10%
1
100
4'A
9 Ve
8%
17%
11%
^——v,~.10,0
26 ft Aug
*4
Uft
200 ♦
6%
26%
>' 25%
> 'V-W 11
,
19,900
82%
8%
28 Va
com
30
17ft
11%
;
Elec
21%
8%
2 a ft
t,
21%
*80%
•
30
16
81
11%
*
no
2,600
17%
17
7
6%
11%
8%
,
:
I
6%
29%
■v
4%
9
*81
28 Ve
nil
&
6%
'
800
3,700
'
8%
3%
86
;
7 Ve
,'30%
29%
8%
II,000
26%
26
98
>
700
11,9001{
„
13%
26
26
HVe
...
Gas
13%
26%
26
28 ft
A
Copper Co
Cincinnati
14 ft
26%
81%
18%
1,600
7ft
20%
25%
*21
21%
27,700
/•'
7ft
18ft
27
30
11
13
7%
V *81
STOCK
preferred
13
;
1,100
18%
8%
No par
Chrysler Corp
17
3
10% Jan
36% May
Feb
Deo
Jan
Jan
Jan
Jun
69 ft
".23%
60
36
6% Feb
Apr
Oct
l
79 ft Jun
Jun
Nov
27 ft
14%
,
7.700
12%
7 Ve
81%
11
14
18%
4
'•
13%
,-12%
26
>;•
>>>>,;.
common
16
25
July
43,
111ft
Co
Jun
97ft Jan
.
May
Jan
Childs
13 Ve
13
140
10%
*97%
,
7 Va >
29%.
14
6,600
84%
10 ft
25 ft
98
•
108%
*84
10%
i
7,900
.
*26 ft
25'A
V
7
9
34%
108 ft
85
12%
14%
8%
34%
109
14
19
13%
14 ft
9
34%
10%
7%
17%
r
27
*21
.
29%
*80%
'84
13
*97%
•• >
;-'•
108%
851
13 Ve
>»
7ft
13%
97 %
109
14%
8%
13
..
17% ,..17%-
v.,
25 ft
97 Vi
•
"'34%
13Ve
*26%
?:
14%
8%
34%
•14ft
27%
__No par
series
Chirkashft Gntinn
7
Jun
Jan
Feb
137
14%
8%
34%
•
12%
25%
Par
19
5ft Jan
42 ft Jan
Apr
34 ft
i
16ft Jan
26 ft Apr 25
Jun
105 ft
105
6
20
x20
"38ft Aug
July
80
'
;•
Jun
101ft May
27 ■
May
48 ft July
10.
75 ft Dec
24% Deo
-15ft
share
Jun
2,100
1,300
13
.......
~.
500 i
2,900
3%
14 ft
*7
r.
15 ft
9ft
12%
14%
RR Co__No par
YORK
44ft Jun
.
*15
300JJ
3%
14
14 ft
EXCHANGE
31
Jun
'65% Jun
23 ft Feb
90
Nov
36ft
>
180; i
17
9Ve
•I"---
35
.
>42
16 ft
3,000 >
3%
'
4%
200
.
16%
*
No par
com
preference
Pac
preferred
NEW
2ft Jun
xl3
19 ft May
'
.
$ per
16%
17
100
Is &
Highest
$ per share
'•?
12,800
>
9%
12%
*25
'
$ per share
28%
101 Ve
126 ft
3%
11%
*26 Va
No par
Chicago Yellow Cab
Range Since Jan. 1
Lowest
Highest
20
5,700
600;.
102 ft
9'A
14
.;;
...
17%
15
10%
1
STOCKS
Year 1948.
Lowest
3,900
9ft
lift
No par
preferred
Range for Previous
'
7,100
3%
11
No par
com
preferred
Rock
■.»,
7ft
17%
5
Products
convertible
Chic
20
12% Feb
15%
14
8%
34%
10%
Chicago Pneumat Tool com__No
55 ft May
4
347/b Jan 21
74
28%
101 Ve
15
*16%
100
8ft
38
32 ft
*126
17%
I,900
3%
"
45%
17
14%
140%
32
102 ft
,
600
36 Va
*139
29
30
3,800
9ft
13%
8%
*
*
com.5
Co
Chicago & Northwest
29ft Mar 30
28
25ft Jun
Jan
36 ft Jan
Jun 28
13%
15 ft.-'
*34%
par
Chic 7.nd & Louis Ry Co cla6S A..25
Class B
No par
•Chic Milw St Paul & P vtc
No par
Series A preferred vtc
100
7
Jun
17
-
100
No
Chicago Corp (The)
1
Chicago Great West Ry Co com__50
5%
preferred
50
7
3
Sep ->:
3%
Chic & East 111 RR Co com__No par
Class
A
40
9
14
5ft Jun
,
9'A
3%
Mfg
1.25
Chesapeake Corp of Virginia
,5
Chesapeake & Ohio Ry common__25
3 Va %
convertible preferred
100
May 16
lift Mar 30
12% Jun
;
9ft
Checker Cab
12
7 ft Feb
Jun
42ft
7
8
49% July
40
May
Feb
21
Jan
Belt
$4.50
7
79
23% July
33%
25ft
8% Jan
28 ft Jan
>
July
26
49% Mar
Certain-teed
14
5ft Aug 31
22% July
15% July >r
9% Jun
41 ft
Oct
17 ft July 18
*•
16%
15 ft
Copper Corp
98
v13 ft July
Apr
6
de Pas<;o
14
14% May
12% July
Jan
12
Cerro
91
Jan
+
16 ft
9%
Corp
Champion Paper & Fib
9- July
17ft July
Feb
9
11
14% Oct
West
Chain
90
'35
126 ft
2,700
30%
32
14%
101
16%
3%
vto
Sugar Co
Century Ribbon Mills
8'A Mar 29
21'A Jan
*15
50
South
11
45ft,Jan
Feb
28%
17
15%
B
18
Dec
4
'31
32%
7%
103
30 Ve
139%
126 ft
16%
9ft
Violet*
Class
,
Oct
Dec
76 ft
7%
*102
102 ft
101
*84
Jan
31ft
32 ft
126ft
17 ft
'16ft
139%
102
8
102
126ft
85
26
May
DAY
.
287/a
„
'101
126 ft
17
17
28
102,.
126 ft
1'*
32%
*84
13 ft Oct
ft Jun ;
Oft
37%
101%
85%
27
15
8ft
39 ft
32 Va
*84
8
30
17ft
'101
*3%
j.
13
Dec
'
5
B
18 ft Jun
25 ft Mar
.
36%
'8%
101 Va
Central NY Pr Corp 3.40% ptd—100
Central RR Co of N J class A
50
Aug 24
13 ft Oct
Jun
140
No par
Corp
22% July
,
103 Va
126 ft
17 ft
Co
Co,
Jan "
100% Jan
>
140
32
32 ft
101% 101%
28ft- 28%
*108
13
14
'139
32
108
7
9ft Jun
141
r
108
10
'
36%
>38 ft
8%
39 ft
1
Jun >
•
26%
CLOSED
COLUMBUS
37
7%
38%
109%
14 ft Oct
8
14%
'36%
*108
11'A Oct
6ft July
37
100
5
14ft July 13
14%
14%
7%
'101
preferred
5
v
Apr
EXCHANGE
14%
39 Ve
'16%
series
Light
9ft Feb ,28
Jun
18%
12 ft
.
31%
7%
No ]
No;
G & E
Central Hudson
Oct
May
31%
38 ft
No |
Ry Co vtc
10ft Jun
10 ft
'36%
126 ft
Sugar
of
13ft Oct
8
STOCK
'
•
7%
99
Foundry Co
5%
13
35
79 ft May 24
May
Central
Central
8
4
104 ft Jan
Jun
30%
38%
'101% "101%
28%
28%
;
Central
7
30
34 ft Sep
100ft
21
Jan
24ft Jan
17
6ft Mar
Jan
6
102%
Shares
i
11% Mar 14
14
Jun
14% ? 14%
37
'139
common
preferred
bx
the Week
$ per share
7%
for
Sales
Oct. 14
$ per share
30 ft
'7%
2nd preferred
Celotex Corp common
11
14%
31%
Friday
Oct. 13
$ per share
102 Va
'30ft:
38%
1%
7
17%
14%
Celanese Corp of Amer com
$4.75 1st preferred
7
22ft
31%
'31
Thursday
Oct. 12
30%
'101%
30%
Co common
preferred..
Caterpillar Tractor
Preferred> 4.20%
7
Mar
102%
30 ft
.
Wednesday
102%
>8
'101 Va
30%
'36%
15
FRICES
SALE
,
8%
8
102%
series
7%
6
.
77/a
HIGH
$ rter shrrp.
'30%
No
common
General
(J 1}
$ per share
8
AND
Oct. 11
.
.
'101 Va
Ry.
Light
(1503)
Tuesday
Oct. 10
31%
&
Conv preferred
Case
13
22
23 ft Apr
Monday
i
Oct. 8
& Ohio
Power
Carriers
13
102% Sep
32 ft Jan
100% Aug.29
Saturday
Carpenter Steel Co
' Aug 18
131
f
Jun
130
LOW
STOCK
Airlines Inc
Feb
30% Mar
May
52%
■
CHRONICLE
RECORD
$ per share
30% Oct
V
26% Jun
9
YORK
EXCHANGE
'
35 ft
STOCK
share
per
108
7
17
25ft Jun
*
>>> $
23
Jun
26% Jan
Nov
"
NEW
Highest
$ per share
8% Mar
110%
Lowest
-
Highest
$ per share
YORK
FINANCIAL
STOCKS
Year 1948
Lowest
&
*10 ft
*22
22%
»
16
-
16 ft
*17
-•
17ft
f
•>•
*10 Va
*17
|
,
lift
*10%
lift
23%
23 Ve
23%
5,100
22%
22%
22%
22%
2,300
11%
11%
11%
11%
33,700
12
12
12
12 Ve
800
68
68
*67
69 Va
'
210
23
100
•
■"
11%
11%
11 %
11%
11%
11%
11%.
11%
*11%
12%
*11%
11%
*68
70
*68
69%
>>f>
31ft
>'
30%
31
30%
30%
1,800
:
•>'
20%
21
20 Ve
20%
5,300
>
>
.
•
7%
49
Dec
28%
-
Dec
v
1
"78% Jun
Pictures
common__No par
$4.25 cum preferred w w—No par
*68
70
No par
*30
30%
'
•
-
>37ft,Apr
Carbon
&'
Combustion
'
18%
Feb
36%
Jan
X16
28ft
Jan
90
Nov
.
Jun
<"
21ft Feb
11
46% Feb
25
Oct
11
%
95
Jan
12
102ft Sep
16
13% Jun 22
17% Jan
7
3
29% Sep
28
53% July
27 ft Oct
56
5
Co-
Ohio
So
Engineering
Superheater
5
21%
No par
10
26 Ve
Inc
30%
26%
55%
55 Va
Elec Co
21%
V >30%
30%
21%; 21%
.>
20%
:
,21
T
.
Commercial Credit common
'
26% *26%
55%
27
11
56
26%
•>.55%
55%
r
"
104
July
3.60%
preferred
'101%
100
—.
102'/a
102
102
x26 ft
26 ft
26%
•;
25
Nov
8%
Dec
27%
Dec
Dec
32 '
25 ft Jan
s
'
:
21
Sep
Mar
103%
May
6% May
108ft
Dec
Xl8%
Jun
12 ft
Jun
51
25
28%
Commonwealth Edison Co—^
Jan
30
11
2% jun
t.
Feb
17%
14
4% Jan
21
Conde Nast Publishing Inc—No par
Congoleum-Nairn Inc
.No par
Consolidated Cigar
No par
Consolidated Coppermlnes Corp—5
21%" Feb 25
>
11% Mar
No par
Solvents
25% Feb
>;
25% July
.
Commercial
7% Jun
24% Jun
11% May
36% July
x24%
>
4
>
27ft Sep
23
ConsoL Edison of N Y com—No par
7-
10% Aug 22
Feb
1
31% Oct 10
30
17%
28%
'9%
101%
17ft
17%
17 ft
17%
28%
Apr
6
Jun
14
109
Oct
8
$5
4
14ft Jan
preferred
,——No par
.
28% V
9%
28
:
31%
102'A
17%
56
28%
,
>
3 ft
3%;
3%
;
27
37%
-
Dec
Dec
*■'
8
19
Dec
29ft
Dec
107 ft, 107 ft
v::
9%
28%
28%
31
31
3ft
•107%
107%
f> 107%
12%
11%
43 ft
42"ft
"42%
11%
41%
107%
21% Jan
7
14
12% Mar
8
Consolidated Retail Stores Inc
16
9% Jan
7
Consolidated Textile Co Inc
' Jun
6
12 ft Apr
13
7%
Nov
29 Va
Dec
35%- Jun
98% July
106% May
106% Dec
<
103% Apr
27
111
Sep
M
105% Apr
20
109% Sep
14
33%
Dec
,>42%' Jan
■;
27%' Jun
17
40 ft Oct
13
90
Oct
99% May
17% July
:■ Jun
13
Consol RR of Cuba 6%
•
8
;
29%
July 26
36
May
4
Consolidated
Vultee
Aircraft
17 ft f
17%
1
11%
11%
11%
1-1%
*11%
7%
7%
-100
pfd.
Consumers Power "Co com
18% ~
x41% >41%
16 Va
17%
10c
23
io
1
No par
'17%r
10
-
32%
10 ft
9ta
32%
Aug 29
1
V
$4.50
$4.52
—No par
—No par
com__20
—.100
preferred
preferred
Container Corp of America
'
*
10% Mar
!
84% Mar
92%
Sep
:
6
96
36% Mar 30
July
95
Jun
15
-102% Aug 16
6ft Jun
2
99 '.
Nov
*
13% May
64 ft
16 ft Oct
5
6
Oct
48% Mar
3
Jan
92
8%
13% Jan
85
21
30% Jun
Nov
>40
Sep
101
May
29%
;
93
Oct
For footnotes see page
56% Feb 24
24.
4%
preferred
Continental Baking Co com—No par
$5.50
AUg 25
9Va Jan
7
preferred'
Continental Can
'
$3.75
preferred'
Continental
>—No par
Inc common
No par
:
Diamond
20
Fibre
5
'109
,
'107%
37%'
32%
109%
108%
108%
108ft
107%
107%
38%
37%
'99
38%
'99
100
;
>
41%
11%
"7%-
10
10%
32%
:
8ft
ft
32%
7-
108%
109
T08 '
,
108%
38%
■'
100
V1
.
»
1,100 >>
600
41%
41%
3,700
6,200
'■
700
I*
17%
16 ft
16%
11%
VI,200 fi
11%
8
10
,
32%
108%
109%
108 Va
*108 ft
40
40
*99
830
108%
40 ft
100
M
40,100
,
109 ft
108%
;"
19.400
10%
32%
10 %
1,900
8
100
*99
50
>
10
Continental Insurance
10
SI
4,100
"
'15%
16
:
16
-
16ft
93 %
93 %
93% -93%
34%.
34%
34
102 Mr
'100%
102%
7%
*7 %
7%
93%
34%
7%
'101
15%
15%*93
*
34%-
34%
?
16
'*15%
16
1,200 '
:
130
93%
93%
93%
93%
34
ft
34%
33%
34
"*101%
102%
*101%
102 ft
7%
7%
7%
7%
7%
800
69%
68%
69%
69 ft
69 ft
2,100
*100% 102%
*
15%
>
7%
•
6,900 '
'*
69 ft Oct
';
12 Va
11%
11%
33
»<
4,800 ''
19,000 1
107%
*108'A
39%
100 ">
*99
,
11%
; 7%
10
•
12%
>
39%
J
700
3ft
7%
a 32%
f
107%
■
1,600 "
27
16%
11%
•
'
>. 8ft
10'Ve
32%
.
"
100
26%
107%
*12 ft
11'A
.43
: Jun
■
3 Ve
3%
27
lift
Consolidated Natural Gas.——.—15
15% July
16% Mar
26%
107%
12 ft > 12'ft
46'A Mar
5
3ft
V
11%
lift,-;
Corp.—1.33%
5
*
3%
27
12%
lift,
Grocers
'
3ft
.■'•26%
.
i
400
28%
31%
9%
800
10,300
9%
28
>> *31
12 ft
12 ft
Consolidated Laundries Corp.
Consolidated
9%
9%
31%
'lift
12 %
11% Sep 29
7% Jun
-15ft May
Dec
13
lift Feb
Sep
J0%
' Feb.23
38 ft Jun
'
>8%
11
2,000 n
8,100
-
29
27%
'
8%
28%
29
9 7/e
27
26%
28%
-
27%
28
"
26%
"
{
T 31%
9%
27%
31% >31%
4,700
55%
102 ft
55%
101%
..17%
"17%
28%
9%
28
'31
*
X106
17%
"
26%
55%
101%
"
101%
'
29% May
29% May
f
'>
'69
70
69
69%
-
69
'
COMMERCIAL
THE
(1504)
16
YORK- STOCK
NEW
Highest
$ per
I per share
6
10%
feD
40%
5% Jun
11
15% Jan
3
Continental
19% Jun 28
51% July 19
23% Oct
6
21%
NOT
23%
NOT
66% Dec
Oct
Feb
62% Sep
8% Deo
06% Deo
165
Apr
98
Oct
7
11%
Dec
16%
Dec
24%
7
,
150
47%
61
Deo
12% July
21% Mar
Mar 14
133
19% Sep
Jun
Jan
21
7
13
507a
*49%
50
*4974
*54
*63%
64
*6374
64
183
*18274
184
183
6%
RR
1%
647a
64
64%
3,600
18372
184
4%
23/s
47a
3,600
27a
274
23/8
6,800
277a
273/4
26%
27%
8,400
*9972
1007a
*99%
1007a
*99 7a
1007a
12%
127a
12 7e
127a
127a
127a
127a
2772
15
*3874
407a
*39
4074
407a
407a
297t
28
28
*101
102
101
101
101
*96
100
*96
100
*96
100
1772
177a
173/4
59%
593/4
♦5974
2572
24
26
7%
772
7%
V
*48%
77a
77a
7%
77a
667a
667a
667a
400
11%
11
11%
3,200
2172
21
21
21 %
22
77a
67a
128
128
49
*483/4
2,300
107.
*21
49%
15
180
6678
213/a
67a
15
♦160
24%
77a
21%
128
640
15
180
22%
11%
11
7
23
15
*160
180
23
500
6772
117a
128
127%
2,800
772
67
1172
22%
♦21
20
1774
60
*66%
7%
67
11%
11%
17 3/4
*59%
24%
220
98
18%
59%
•157.
67%
♦67
98
177a
597a
15
♦160
3,300
101
18%
24
15%
180
♦160
100
28%
287a
101
60-
'
♦15
15%
180
28
28%
400
8,000
407a
*39
101
28%
17%
15%
1,500
277a
14%
58%
7
4
157a
100
-No par
No pax
47a
27 a/a
,
28
26
70
27a
4%
2
17%
•
184
277*
4%
58 %
Inc
1827a
273/9
14%
*96
87 preferred
Prior preferred
64
26%
27
10o
preferred
Press
50
64%
No pax
Cudahy Packing Co common
4%%
1017a
407s
*160
60
*100
157a
No pax
100
10
Iff
3,700
*99
10172
27 7.
101%
100
243/8
100
10072
15
27
28
800
770
*101
•
27%
101%
pfd
247a
247a
50
97a
56
X56
157a
No par
non-cum
9%
974
567a
*99%
5072
*4974
493/4
93/4
5674
24%
27
*3874
preferred
15
147a
15%
Cuban-American Sugar common—If
143/4
27
•26%
preferred
15
15'A
f
2.5t
No par
com
I
Corp
107a
1007a
127a
Zellerbach
10%
DAY
184
*18274
2
2
2
20
10%
493/4
COLUMBUS
1,700
2,100
1,300
1074
247a
64
4%
37a
37s
23%
54%
102%
100
100
*101
•997a
conv
Cuba
99%
10172
223/4
*54
147a
5072
24%
247.
997a
101 %
12%
preferred
5%
24%
100
102
*99
100 %
Crucible Steel of Amer com
,
24%
24%
*100%
12%
preferred
$4 2nd preferred
19
26% Jan
14%
*49%
Cunningham Drug Stores Inc
2AO
Curtis Publishing com
No par
137
7
14%
*99%
8
50% Aug 18
9% Apr
4
24% Jan
7
3
14
7% Jan
18% Jun
137
July
x31%May
Jon
183
May
143/4
1
Cuneo
7
14%
-IOC
America.
of
1
Jan
14%
26%
27
129
CLOSED
27%
Jan
7% Jan
24
14
43% Jun 28
Jun
103/s
3%
23% Aug
4% Feb
107a
14%
28
100
13% Feb
73
Jun
28% Sep
4% Feb
18% Feb
;
>■
109
Aug
■,
16% Sep 13
May 6
8% Mar 29
IS
10% Jun 14
16
Feb 28
Jan
Apr 21
31
107a
2
84.20
160
July
60
13% July
Feb
132% Feb
7
12% Feb 24
May 6
5% Jun 27
21
160
10%
preferred.
3%%
14
Jan
10%
27%
Crown
24
547a
10%
1
$2
72% Jan 24
54%
EXCHANGE
J28
13
14
July
17% May
547a
54
common
Co
42% Apr
30
88
23%
8
*6
Cream of Wheat Corp (The)
Crown Cork & Seal com
i4 Jun
13% May
23
*54
23%
54
Refining com
7
oo
Deo
STOCK
23
preferred
1
Jun
Deo
Products
19% Jan
Mar 17
7%
237z
23%
93/«
27% Aug
May 24
67%
1,300
23%
*23
*54
567a
1
94
Jan
1374
03/,
7
15% Jun
Jun
1374
56%
Feb
90
177
13%
93/4
13% Oct
17 % Aug
Feb
13%
56%
Creameries
Jun
34
Deo
13%
9%
5
23
July
Jun'
13"/S
56%
7
28%
78%
1374
9%
Crane
13
103 %
13 %
No par
No par
12% Oct
29% Oct
129
13%
5
8
101% Oct
Feb
9,300
7,700
13%
56%
100% Aug 18
Jun 27
8
Deo
12%
7
14
Dec
6474
Coty Inc
Coty International Corp.
13
Jun
91%
633/4
*9%
7%
9
2% Oct
36% Jan
95
25
4% May
32% Jan
20
20%
'
674
647a
com
8% Jan
Jun
63%
56%
6
34%
Deo
23% Deo
6%
€372
1
Corn
9
Sep
189
3% Mar 25
96
Sep 28
64% May
0
Jun
Aug 29
102
24% Deo
26% May
46% Mar
17% Not
38%
100
6
57
Jan
6%
C2%
Exchange Bank & Tr Co—20
Corning Glass Worke common
1
3%% preferred
IOC
Cum pfd 3%%
ser of 1947—100
26% July 19
i
1% Jun. IS
21% Jun 13
13
Mar
X21
Jan
171% Jan
98%
Dec
29
Apr 20
Shares
67a
674
63 72
Corn
6% Jan
3% Feb
89% Jun
Deo
1%
11
94
Jan 10
92% Jan
3
Mar
177
56% Oct
20
97% July
98
July
08% Mar
Oct
3
6
6%
62%
Cornell Dubiller
49% Mar
Oct
18
15
7
$ per share
G%
63%
Steel Co common
Convertible pref 5% serlee
Electric Corp
Feb
11% Jan
62
6
6%
Copperweld
4
13
$ per share
share
Sales for
the Week
63%
Corp
Co
Jun
7
July
88
Range
Copper
17
6
49% Jan
60% NOT
15% Jun
67 V*
12% Feb
19% Jan
20
Jun
12
Oct
65% May 13
13
Jun
t per
Oct. 14
14
Cooper-Bessemer Corp
$3 prior preferred
July
t per share
8 per share
t per share
Friday
Oct. 13
Oct. 12
e
Delaware
14
Feb
3%
Steel
Oct. J1
—1
of
47% Feb
Feb
164%
Oil
11% Jun
68
42% Mar
9V4 Not
80
Continental
Jun
68%
9
BO
13
19% Apr
X49% Mar
13
Par
Sep
Thursday
Wednesday
Tuesday
Oct. 10
Oct. 8
Continental Motors
7
8% Jan
14
PRICES
HIGH SALE
AND
Monday
Saturday
$ per share
$ per share
share
Jun
65
Feb
Mar
14
LOW
STOCK
EXCHANGE
Highest
Lowest
YORK
NEW
Range Since Jan. 1
Year 1948
Monday, October 17, 1949
RECORD
STOCKS
Range for Previous
Lowest
CHRONICLE
FINANCIAL
&
77.
49
7%
774
128%
1287a
48a4
128
497a
48%
500
77.
1287a
48%
7%
207a
77a
128
2,000
4872
17,700
240
600
I
'
Curtiss-Wrlght
Class
J
common
7%
1
100
♦136
No par
Cushman's Sons Inc 7%
Cutler-Hammer
*21
77a
pfd
73/4
21%
21
A
20%
21%
127a
77.
73/4
-;7%
20%
203/4
207a
203/4
207a
21
140
*136
140
'
127,
Inc
-K 73/4
77a
7 3/4
21
*136
21
*21
12%
13%
*95 7a
967a
13
13%
21
203/4
1,400 '
!'
140
140
21
♦136 "
140
•136
217a
10,200
217a
600
127a
127a
13,000
957a
9574
50
1374
200
D
9
4
Oct
947a
Deo
20% Jan
11% July
Deo
Feb
Feb
17%
15
28% July
31% Aug
not
94
84
Sep
94
2
31
Jun
<
227. Sep
3
92
Jan
4
Jun
92% Jan
11
Dana
3.75%
Preferred 3.75%
series B
Decca
Records
*95 7a
96
13%
*12%
13%
177a
*16 7a
177a
*1672
17
2172
213/4
2974
293/a
Jan
12
10
Deere & Co
31
Mar 29
36 y. Sep
Jun
9% Jan
5% Jun 13
13% July
15
40% Jan 21
7
19
Jun 20
22
Sep
16
39% July
19
Jun
13
29
Oct
68
34% Jun
14
217a
213/4
2174
21%
1,100
29%
297a
297a
2,700
97
97
97
*96
9772
97
977a
9
29%
2972
97a
9
21%
2974
2172
297.
9774
*96
9774
*96
97
*97
98%
*9672
987a
*96%
9772
83/4
83/4
9
...
9
50
100
9
1,600
77a
2,200
7'/a
7%
7%
23%
237a
2474
2474
2472
287a
273/4
2872
277a
28
3974
393/a
39%
38%
39%
39 3/8
393A
3974
6.800
*347.
347a
347a
24%
34%
34%
35
35
34%
39%
343/4
100
♦3074
3174
3072
3174
307»
313/a
317a
31%
307a
30%
3,200
Lack
BO
774
87a
.;
874
7%
Western
&
9
8
77/a
8
77a
8
'
8
8
87»
8
874
6,000
1.000
8
21
21
21
21
21
2P/«
217a
2172
217a
267a
27
2874
28
287a
28
29
27%
28
47%
48%
48
4874
22%
22%
22%
21,900
21%
257.
Delaware Power & Light Co—18.80
13
167a
397.
& Hudson
Delaware
*16 7a
.Nopai
common—
preferred
Delaware
16%
97
21%
21%
*297.
*96
Deep Rock Oil Corp—
39% Oct
13
♦167a
OOe
29
13
7%
-
13
*87.
*774
Inc
14
26
347* May
507a Jun
96
♦12 5/a
J0
7
Jun
v
13%
•957.
1372
OOe
Dayton Rubber Co
30% Jun
17
12%
12%
96
♦16 7.
100
100
series A
9% Jan
4% May 31
Jan
Jun
Preferred
12 3/a
*957.
*1274
pfd series A_
Davega Stores Corp common—2.50
5% conv preferred
20
Davison Chemical Corp (Tha)
1
Dayton Pwr & Light common
7
8
10% Jan
7% Jun 30
Jan
29
May 12
Corp common
3»/4%
98% Aug 18
9972 Sep 22
46% Jan
7% Feb
17% May
13
xl6% Mar
24
8
13%
Deo
Jan
26% Jan
42
8% Sep
31% Deo
29% Feb
38% Jan
Aug 18
14
Jan
Jan
15%
-8% Not
27
Jun
96
5
Jan
87
80
18%
14%
18%
24%
82%
15% Mar 18
23
1,700
Denver & Rio Grande Weat RR
14% Feb
82% Mar
20
Apr
July
Escrow
for
Escrow
60% Jan 24
ctfs
ctfs
for
100
com
Jan
3
23% Sep
16
Detrblt Edison
Jun
7
58
Jan
10
Detroit Hillsdale & S W RR Co_10C
22% Mar
2674 Oct
15
Deo
16%
Jan
117s Jun 20
13
Mar 29
De
197. Deo
35% Mar
28%
Jun
167a Jun
13
22
Jan 26
Devoe & Reynolds class
46
Jup
317. Sep 20
3774 Sep 21
40
Jan
7
Diamond
45% Feb
1
11
88
Feb
Deo
»•
19% May
4% Jun 29
Jun
9% Jan
24% Mar
14
7
2
127. Oct 13
Detroit-Michigan stove Co
Detroit
Steel
Corp
Vllbiss Co
6%
Match
partic
Diamond
;
$ per share
$ per
13
Diana
1774 Oct
13
Distill Corp-Seagrams Ltd-
Range Since Jan. 1
Highest
106% iOct
Jun
July
May
May
29
24% May 4
86% Jan 21
20
19
8
2074 Oct
11
18
1474 Oct
11
99% Jun
119
112
Jun
Jun 20
9% Jun
15% Jun 14
7% July 11
7% Jun 14
13
Jun
38% Jun 13
Jun
•
164
Jan
5
189
18
88
Jan
12
94
16%
Jan
10% Feb
4
14
Jan
95
July25
101
8% Jun
X56
Dec
15%
.
Sep
4
Deo
Mar
Deo,
Dee
Apr
ft
May
2
7% Apr r 1
Jan
7
15% Apr 14
43
36% Oct
34% Jun
10% Jun.
51
7
2
17% Jun 18
Jun
Jan 10
23% Aug 2
8% Jun 14
29
13% Jan
7
12% Jun
17
16% Oct
5
16% Aug
14% Jan
6
July
84
•
Jan
104
Jun
x29% Jun 16
100% Jan 24
Corp
9
1674
17
167a
17
17
177a
62
62
613/4
6P/4
62
55
11% Jan
-
25
6% Jun
20% May
13
6% Jun 28
49% May
7% MM
For foofnn«
July 12
3% Feb
Chemical
Co
3%%
conv
Dunhlll
11072
1874
100
1
18%
177s
62
2,000
51
7,900
51
517a
50 3/4
*105
1077a
*10572
110%
1097a
COLUMBUS
110%
*79
DAY
1093/4
19
84
<
19
19
19%
20%
20
137a
147a
14
14%
137a
84
*1227.
Duquesne Light 5% 1st pfd
DWG Cigar Corp
114
*1072
*18%
183/4
203/8
*19
20
1,000
14 7»
Xl3%
137a
4,900
loya'
41,700
124
122 %
123%
.700
*1003/4
10174
1017a
10174
200
113%
1137.
114
1137a
1072
11372
107a
300
54%
114
54 3/a
107.
10%
10%
10%
183/4
183/4
18%
19
157a
153/s
15
15%
157a
15%
11 y.
11
11%
117a
lly4
10y4
10
9%
10%
9%
4374
43
190
*188
26%
26%
10
43%..
♦188
437a
263/4
27%
16%
♦153/4
16%
1674
.16%
♦92
93
♦927a
9372
*92%
93%
1274
X12
12
98
x95%
common.,
4 %%
preferred
Elastic' Stop Nut Co
*127.
27%
27%
2,400
16% v 1774
177a
177a
4,100
92%
.
„
92
92
127s
••
*943/a
-
93
12%
5
12%
x7
774
7%
3874
37%
39
'
39
3974
38 3/4
38%
14%
14%
15 -
15%
15
15
14%
15
36%
-•35%
3672
353/4
35%
367s
7%
7%
172
1%
1%
1%
4074
4072
4Q%
*3572
,
1%
403/4
.
774
40%
.,
■
12
113/4
11%
12
12%
2374
22%
23 ya
23
23
.B0
*60
613/4
.16
*46
49
V
12
26%
3
367a
1%
l3/4
14,800
;
i
V
4074
40%
,1,100
613/4
*60 7a
i
♦46
49
27
27
,-
127,
613/4
*46
127a
127a
1,400
237»
23%
3,700
613/4
27
*61
4
49
.
26%
/
277a
10%
10%
*1074
10%
10%
15%
16
15%
I674
177a
17Y8
17%
1774
33% Mar 25
Endicott Johnson Corp common., 26
4% preferred
;
100
1772
32%
*10172
Jan
31
1
*57 7a
60
15
5% Apr
6
Products
Co
1
3
4%
4%
8%
97a
97.
974
*52
*372
5272
3%
*57 7a
4%
8%
974
53
*372
<
103/4
f
51
60
4%
8%
93/4
537.
4
32%
3272
101%
10274
53/4
6
6
preferred series A100
RR Co—B0
Erie & Pittsburgh
B
Jun
103
1072
Evans
3
/
51
Eversharp Inc
Ex-Cell-O Corp
Exchange Buffet
6
6
103/4
10
53% Oct
-
51
B
4
6
10%
*50%
Eureka Williams Corp.
13
-
32%
1017a
32%
32%
*10172
103
—JNopax
5% Sep 28
10% Jan
7
Oct
32%
*327a
10%
...
■
5%
'
-
>
*57 7a
4%
8%
9% *.
9
52%
9%
*3%
3%
53
;
"
83/4
33/4.
•
10
w
53 %
33/4
1,400
16%
26,500
1,500
102 *
53/4
-J
"
110
5%
6,100
10%
11,100
527a
*57 7a
60
4%
;V
1,600
8%
•
2,000
9%
9%
*3%
500
4%
8%
,»:»52
23,400
5274
2,700
3%
-
700
103
10%
4%
87a
9%
523/4
60
10%
*5274
5%
117a
4%
60
100
5,600
17%
32%
327a
*
5272 >
4%
263/4
10%
10%
-
.
16.
52%
51%
V
49
17%
.
10274
5%
-
11
51%
•57 y*
63
*4672
26%
10%
167a
68
200
233/4
237a
61%
49
26%
27
*60
*46
•
*12
.
16%
s
2,700
v
153/4
common
;
2,800;
1%
40%
1774
RR
1.100
v
36y.
i
1%
40%
••
16%
5%
10
7%
38
I
2,500
96
73^
•22%
Emerson Elpctrlc Mfg Co.
Emerson Radio & Phonograph—.,
Equitable Office Bldg.
150
1272
*94%
96
,
:
El Paso Natural Gas
Erie
1,300
10,300
437a
190
14%
,17a
j*
...
1074
433/s
*188
38%
*40
common
preferred
1,400
95%
7
*■'
*36
.NO par
Elec & Mus Ind Amer sham
Electric Storage Battery.
preference
17,400
11%
7%
I
,
Convertible preferred.
*9672
27%
1,200
15%
10
43%
27
18 34
U 7a
38%
1
(The)—
98
,
-14%
■
100
Electric Boat common.
127a
12%
*96%
.It
,
27
18%
■
190
♦188
200
1574
1974
9%
43%
190
*15%
*26%
*
10%
103/4
4V*% preferred
Ekco Products Co
100
54»/2
183/4
190
*188
100
S
547a
♦1227a
10174
•107a
433/e
43%
—Jl
547a
122
15
♦10%
J9
54
122
Edison Bros stores Inc common—l
conv
10,600
84
10%
15
_1
Inc.
preferred
Eaton Manufacturing Co...
5%
1,300
18%
*79
84
*79
1137a
1017a
114
11
.If
Co
6%
6%%
110
*100 3/4
1227a
♦1003/4
•
*11374
100
1
Eastern Corp common.
Eastern Stainless steel Corp.
Eastman Kodak Co common
122
1237a
♦10072:1017a
No par
5474
537a
5472
54
8
.—No par
series
Electric ~Auto-Lite
13,900
1077a
1874
183/4
1872
*79
197a
13%
4,900
17
6174
A Co—
Common
Airlines
110
1974
30
1774
13%
♦19
No par
(E I)
51%
107%
197a
193/a
84
*80
International
Duplan Corp
507a
*105
109% 1093/4
11072
BOe
preferred
51
10874
*105
10772
2,700
63
103/4
61% Jan 24
Shares
17
15%
104
for
617a
*16%
Jan
94
»105 74
No par
No par
$3.25 2nd preferred
Dresser Industries common
50%
51
51
If
common
$4 preferred series A
CLOSED
*10%
36-
.
333/4
62
1
Jan
STOCK
EXCHANGE
No par
4
Sales
the Week
$ per share
share
B
14% Jan 21
l
t per
10
6
•4%Jun-
$ per share
Empire District Electric Co
Jan 13
67a Oct
5
48% Jun
11%
No par
•
Oct. 14
Oct. 13
17% Oct 13
9% Jun 13
6% Not
16% July
65% July
68% Apr
May 16
■T
Ltd
13
Feb 28
$ per share
share
Friday
Thursday
Oct. IS
34
Elgin National Watch. Co.
61% Oct
;
33%
Elliott Co
47
*"•
Wednesday
W'M*.
,
PRICES
34
13
14
;'Kl. per
t per share
Tuesday
;
SALE
34
23% Oct
15
Oct. 10
HIGH
3374
13% Mar 24
Jun
Oct
Monday
Saturday
17
AND
Douglas Aircraft
14
2% Jan 12
42% Jan
;
7
10
Aug 12
48
Deo
0%
7%
94%
8%
Jan
16% Dee
Fhb
89
1
,
32% Mar, 18
VI % Jun 13
.Jan
2*0%
Feb
4% Jan
9% Feb
50% Feb
Jun
32% Jan
49
9% Met
13% Jan
39% Dee
07
6
-33%'Apr 29
12% Feb 25
Sep 20
74% jun
41% Doe
,
■
.
16% Get
97% Jun
,2% May
56% Jan
7
7
13% Jan
7
47% Mar 20
14% Apr 13
17
15,800
163/4
34
Eagle-Plcher
21% Jun
37%
1674
17
3374
Eastern
19% May
12% Dee
16 3/a
163/4
34
16% Mar 29
13% Jan
83% Deo
19% Not
1774
1674
*3372
$4.50 series
02% Jun
1% Not
48% Deo
16%
1674
600
400
$3.50
Deo
Jun
2,500
1,400
Preferred
MM
*
8%
liy4
Preferred
14
-
8%
*103/4
1
11
56
83/4
10-/4
20% Mar 30
14
'
46% May
.5% Jen
8%
10%
29
12% Jan 10
IS
35% May
30% May
19% No?
.11
Feb
U% Feb
8%
872
2,600
1174
547. Sep
3
19% Not
22% Jan
106
8%
8%
1
124% Oct
Feb 28
97% Jan
15% Jan
Deo
8%
*87.
Oct. 8
102% Aug 26
115% Jan 12
43% Jun 14
124% Jun
10%. Deo
4,000
1174
Class
Du Pont de Nem
92
127a
1174
Dow
30% Deo
127a
*11
517. Oct
Sep
41
12%
No pat
S
Dome Mines
-
3378
41
1274
Pepper Co
347. Oct
175
3374
41
1274
4974
1034
1874 Sep 20
63% Mar 31
1*% Deo
.15% Feb
3372
407a
12%
32 3/4
*40
4974
103/4
1
157
33
40%
1274
4974
3
Deo
337a
4074
12 7a
4974
7
Dee
323/4
4074
4974
July
12% Jan
11% Oct
32 3/a
12
12
*49
48% Feb
18
32 74
40%
3274
*40
4974
Feb
It
1,200
•48 74
19
116
19
4974
40
111% Aug
10% Deo
19
*4872
Doehler-Jarvis
Feb
19
No p*>
25
94
38%
A
Jun
113% Jan
1874
1274
Feb
18
187a
32%
29
20
1874
1274
Dr.
Deo
187a
32%
14% Mar 29
12% Deo
18 74
127a
10
12
1,200
*18 7B
327a
Jan
98
600
12%
12
23
317.
21%
127a
327a
Deo
'
213/4
33
10
Jan
/
1272
ii%
26
'83
22
127a
*327a
Apr
X18% Not
22
1274
117a
53
Feb
21%
1274
337a
45% Jun 13
90
1,200
213/4
*32
Apt
11
5,600
'
■
*113/4
60
108% Sep 20
1107. Oct 11
6%
33%
46% Deo
29
22
6%
'11%
6
43
Apr
101% Apr
101
Apr
17
Sep
78
Sep
11% Mar
8% Jun
63/4
6%
*3274
8
Oct
4
■
8,800
55
•117a
Jan
33
67% Apr
50% Oct
106% Jun
¥
*52
12 7a
Par
17
14
12
'
55
*52
No
24
Jun
6%
w-.i.
hij
2174
LOW
Divco Corp
Dixie Cup Co common
9% Feb
247. Feb
Feb
i■
.
12 7a
S
$ per share
S per- share
share
Oct
Jun
97
-v-
EXCHANGE
20%
22% Feb
.
'
2174
NEW YORK STOCK
Lowest
41
Not
55
6%
STOCKS
Not
11% Not
223/4
7
7
.501
Corp
13% Deo
47
2074
2
874 Oct
Stores
"-,'4
21
13
25
-
49
22%
•52
55
1274
No par
common
preferred
Motor Car Co
T
77a
2074
12J0
A
14
Highest
Lowest
v:
c
uK'
*52
i-J
*12
I
12% Jun 19
xl9% May
Mar
54
*674
1
1
9% Jun
Range for Previous
Year 1948
•
-
48
483/4
223/4
*
6% Jun
13
,•
467.
227.
l-0i
2274
*52
■
407a July
11
2274
20
Deo
8%
47
4674
100
pfd
20
50
21% May
80% Jan
13% May
Deo
60
14.000
.
100
'
Number 48<H
Volume 170
THE
COMMERCIAL &
NEW
Range for Previous
Range Since Jan. 1 / n
Lowest
Highest
-
YORK
37
NEW
Highest
$ per share
$ per share
64%
34
Feb
$
J
13
19
Oct
Jun
28
23% Feb
Jun
33%
Not
15
per
YORK
LOW
STOCK
41% Jan
7
20
28% Nov
Apr
Fairbanks Morse ft Co
Fajardo Sugar Co
3
Falstaff
19% Oct
14
11%
Not
11
16,
Feb
35%
43
Feb
16
Mar
5
,11% Mar
15% Oct
13
Family
7% Jan
7
9
15% Sep
14
38% Jan
20
14% Jun
20% May
17
Dec
12% May
3% Jun
14
20%
Feb
31% May
24% Feb
9
90
Feb
99%
18
95% Mar 23
Jun
19%
Dec
24%
Sep
12
Sep
Dec
26%
Jun
12% Jun
14
Oct
42
Feb
69%
Not
Jun
43
Jun
105
59% July
Dec
103%
53
53
107%
49% Mar
July
10
29
104
63% July 13
63%
6% Jan
31% Sep
,
21
17%
Aug 17
Sep 21
Finance
Corp
6
50% Mar 31
107% Mar 17
3
68
Sep
13
Feb
20% Aug
11% July 13
17% Jan
3
Not
42%
Jun
21% Jun
7
31% Jan
7
96
Dec
May
98% Jan
7
103% Oct
10
4%%
ft Rubber
28
Jan
6
13% Jan
3
16% Sep
28
Florida
12%
Dec
21%
12
May 26
15Vb Sep
26
Florshelm Shoe class A
Follansbee Steel Corp..
79
Dec
92%
9%
24'/b Jau
i
24
14% Sep
7
29
29% Jan
8
78
2
90% Jan
18
Dec
July 18
22
21% Jun
17
25% Feb
3
9
Feb
26
12% Aug 17
8
Oct
X38
Jun
13
10 % May 13
Feb
26
55
11% Jan
19
Feb
47%
10
Feb
17% Mar
12% May
24% Jan
16% Jun
68%
84
67
Aug
Sep
Oct
7
16% May 27
6
20% Jan
12
26
78% Feb
2
6%
6%
Dec
10% May
10% May
4% Jun
Dec
4"% Jun
14
16%
Dec
20
Jan
14% Jun
30
Dec
12
9
10
30 % Sep
35%
Dec
Oct
11
May
10
96
19% Feb
16% May
8% Aug
May
89
Dec
38% May
25% Jan
Mar
2
8% Feb
20% Apr
Jun
105
82% Nov
24 % Dec
22
9% Sep
Jan
Jun
12% May
47%
15
Gabriel Oo
Corp
Aug
6
9% Jan
10
Dec
*48% Aug
x33
Oct
14
41% Jan
12
Feb
17% July
13
Feb
25
17% Aug 18
Gamewell
16 %
Nov
23%
15
Jun
15
19
Gardner-Denver
10% Jun
13
"5%
Dec
3% Jun
14
6% Feb
Dec
45
May
21 % Jun
13
32% Feb
4
16%
Dec
14
23% Jan
7
Feb
26% May
18% May
15% Jun
11%
13% Jan
3
99% Mar
42
9% May
105%
Dec
100%
8%
106
Feb
103% Jan
Apr
9% Mar
25
41% Sep
27
99
May
11% July
159% Dec
146
July
9% Jun
152
Oct
6
72 %
Sep
82
28 %
Nov
44% July
24% Jun
Dec
24
17
28
X125
Nov
Jun
Jan
144
Jun
129
Oct
13
Jan
7
79% Jan 20
31
Jan
7
20
Apr
1
139% Apr
40
Jan
2
:
17
Jun
19
12
65% Apr 25
Jan
11
10
14
18
2
Jan
163% Jan
,
13
Jun
Jun 17
10% Jan 24
13
9% Feb 24
Sep 29
46% Aug
106
14
15
July
107
6
14% May
Nov
9
Jun
53% May
Jan
18
-
3
31% Mar
43
Jun
28
34
41.
Jun
39% Jan
3
46% Oct
14
96
Jun
93% Jan
4
100% Sep
13% Jan
6
Mar
87% Nov
9
Mar
40%
118%
13% Dec
Feb
x6% Jun
14
Oct
44% Jun
15
53
Feb
128%
Feb
97
34 i.
May
108
Jun
Jun
123% Jan
97
v
6
11
52% Jan 13
;
4
128% Jun
7
1
Apr
108% Oct
14
Garrett
Gar
Co
Corp
Wood
$ per share
66
9%
1st
4%
$ per share
Nov
I -t
per
51% Jun
14
Oct
13
Jun
123% Jan
5
127% Sep
23
Jun
x97
Jan
6
103
17%
Jun
13
Feb
25
16%
26
General
66
Sep
2
;19% Sep
26
14
24
Apr
Mar 14
18% Jun
30% Oct
122
10
Jan
27
29% Oct
10
23
22% Apr
4
Dec
;
99 % Apr
4
102% Jan
4
15% Jun
13
21% Jan
5
67
July 19
77% Apr
11
64
Sep
26
73
5% Jun
30
Dec
Jun
102%
15
12% Feb
14
33% Jan
90
May
82% May
Mar
13
9
75
Dec
85%
72% July 11
x78% Oct
6
Jun
Jun
21% Jun
38% Mar
96% Mar
15
Dec
2%
5%
Dec
Feb
16%
16%
16%
16%
16%
16 Va
16 Ve
16%
6% Oct
July
6
15%
11%
11%
11%
11%
ll5/8
11%
3,coo
133/4
13 Va
133/4
133/a
*26
2,500
26%
26%
26%
26 5/8
26%
26%
*83%
26%
13 Va
26 3/a
85
85
84
84
*95%
96
95%
96
28%
27%
27%
24%
24
24%
10
10
27%
*24
*9%
.
f 85
i
9'/a
10
10
54
54
Corp
69%:
69%
5%
5%
7%
v
5%
,
*15%
16%
*17
?.i
6%
4%
'
com
23%
5%
Jun
8%
Apr
10
Jan
Jun
104
Aug
9
45% Jan 28
106
10
Sep
27
16% Mar
5
3% Jan
1 Ye May 12
7
Time
Corp
preferred
28
27%
28
♦26%
273/4
19%
20%
20%
20%
*20 Va
20 3/8
2,900
17%
17%
17%
173/4
17%
17%
4,600
*105%
105%
*105 Va
5
par
*
105%
10 Ye
lOVa
10%
26
100
Jun
14
32
Sep
July
93% Apr
11
,
26
Sep 20
16% Apr
9
Jan
6
36% Oct
4
11% Jun
13
14% Sep
26
36%
Feb
15% May
50% May
3314 Jun
13
43% Jan
7
16
Dec
23%
Jun
16% Jan
3
19% Oct
6
132
Feb
145%
Jun
133% July
8
144% Mar
60
Apr
77
Jan
66
29%
Feb
40%
Jun
Jun
7%
•73
*27
7%
7%
7%
7%
7%
28%
*27%
18"%
18%
•19
74
j-\» >, 18%
;
136% r .*135
*135
37%
45%'
t; 8
;
*51%
*127
*106
L
8
52%
52%
108
..
•106
Saturday
/
37%
t
45%
13%
Dec
17% May
Feb
13% May
65 Ye
9% Oct
90%
Dec
98
Jun
93 % Jan
25% July
9
Jun
15% Jun
15
Feb
24
11% Jun
22
127%
128
*127
128 -V,
108
108
•106%
108%
July
92
Jan
4
100
Sep
13
14
Jan
7
14
50% Oct
13
13
71% Jan
7
20%
Jun
Feb
58%
Jun
41
Jun
57%
Feb
81
Jun
56% Jun
page
8
9% Jun
12% Not
44
Julv
July 27
7% July 13
16% Jan
24.
3
20% Oct
30
5
AND
HIGH
$ per share
64%
65%
SALE
65%
65 5/s
66
125%
1243/8
125
125
100%
100S/8
1003/8
101
65 3/8
18%
18%
28%
28"%
28%
28%
EXCHANGE
29%
15
14%
14%
14%
14%
CLOSED
14%
29%
14%
*99
32
3%
3%
15%
15%
15%
15%
COLUMBUS
17%
17%
18
18%
DAY
123
r:
3%
♦122%
124
30%
30%
106%
106%
30%
106%
28%
29%
29%
*21%
21%
21 %
21%
103
106
.
21%
103
103
*99
17%
*70 %
71%
7%
32
♦84%
16%
15%
com.
*78
10%
106'.
"
71%
*64
8
8
1,400
V
295/8
'
145/g
3,400
143/s
1,600
3%
*3%
3 Va
3,400
15 %
153/4
18 3/4
183/4
37,400
2,600
♦122%
124
:i
30y8
x29
107
108
21%
21%
*70%
67
9%
32%
♦84%
15%
22%
♦52%
10%
10%
10%
10
•108
1
32%
4,400
£6
5,700
1?%
82
253/4
1,665
22%
23
5,800
53
53
53
12,100
*78
23%
53%
22%
53%
100
9%
15 Va
82
23%
22%
110
67
♦84%
15%
253/4
22
t:
70%
,
32%
323%
25%
2,500
9%
86
♦78
900
17%
70%
*64
9,300
103
17%
9%^
32%
86%
15% t 15%
213%
*99
71%
♦64
9%
210
29%
21%
17 s/s
71%
1,000
29
103
•99
25%
10%
1,400
30
107%
29%
25%
10%
2,500
24
295/«
17%
82
6 Ye
24
30%
31%
*78
20
124
6
24%.
106%
♦84%
82
*122%
•
6%
6%
24
86%
16
900
193/a
17%
•67
*
1,300
18%
153/4
•53
53%
39,800
t
183/4
25%
22%
1
100
>V
25%
25%
53%
50
Co
82
22
No par
preferred!
655/8
101%
153/8
/
32%
32
86%
25%
17%
65
65
-
16%
*78
*99
17%
*84%
par
29
Shares
iV. 125
*18%
for
the Week
;.t 3%
29%
30 %
,
9
2.50
Sales
'
■j
No par
No
200
300
Friday
100%
3%
;
128
108%
$ per share
125
28%
100
1,300
125%
28%
com
51%
101
*14%
•
300
3,400
Oct. 14
1
3%
5,400
f
7%
108%
Oct. 13
No par
15%
26,000
73/8
*127
S per share
STOCK
*21
99
Thursday
Oct. n
$ per share
18%
No par
46%
PRICES
Wednesday
18
•3%-
39
51%
18%
53
25%
,9%
800
10
♦108"
111
10V«
ill
6,700
'
t •'
30
108%
108%
108%
17%
17%
17%'
17%
*17%
17%
17%
18 '
17%
17%
1,800
No par
62%
63%
61%
62%
61%
623/4
623/4
64
62%
62%
3,700
$5 preferred.
No par
Goodyear Tire ft Rub com—No par
101%
101%
100%
101 %
101%
101%
•101%
102
1013/4
102 %
600
39%
39%
39%
39%
39%
40%
6,200
105%
105%
*105 %
Goodrich
Co
Inc
(B F)
10
com
$5
preferred
Gotham Hosiery
Graham-Palgo Motors
Granby Consol M 8 & P
No par
No par
Union
*105%
106
12%
12%
12%
2%
2%
2%
7%
7%
•26%
27%
*26%
par
23%
23%
5
*25%
100
No
com
pfd
*99%
15%
:
1
No par
*35 !
Gt Northern Iron Ore Prop__No par
Gt Northern Ry 6 % pfd
No par
(H
L)
Co Inc
26
,*23
26
,
100%
99%
4%%
39%
19%
$••
preferred
conv
9%
100
Aircraft Corp—
*99
1
17
Sugar common—;—1
preferred
No par
*53/4
*98'
19%
19%
136%
*66
40%
■
•12%
•
2%
2%
75%
7%
2
2,200
76,700
2%
7 Va
7%
2,200
7%
27%
27
273/8
S
23%
23%
23%
23%
23 »/8
r *23%
23%
25%
253/4
25%
26
25%
253/4
1,100
99%
09%
99%
100
99 Va
99%
760
1,700
26
■v
100
27
27
1,800
-
,
500
16
•15%
153/4
15s/8
15%
*35%
36%
♦35%
36 Va
*35%
36%
13%
13%
13%
14
14
14
39%
39%
40 3/4
40%
40%
39%
40%
5,900
19%
19%
19%
19%
195/8
19 Ye
19 V*
2,700
1363/4
136%
15%
II;
14
137
136
69
*66
40%
12%
1363/4
136
137
•66
69
39%
•39%
39%
39%
*12%
12%
12%
12%
♦12%
10%
360
69
*66
69
39%
1,260
>
393/4
1,200
"
'
100
13
TTHUtfaM Oo
10
10%
98%
99
98%
983/4
•99
99%
98%
98 3/4
110
17
'V
r
173/4
'
5%
17 %
17
17%
17
17 %
16%
17%
14,500
-5%
'*5%
5%
1,600
5%
101
•98
.12 VB
12%
11%
48%
•48%
29
—
63%
63%
NA
A.»
•
19%
19%
10%
10%
9%
10
100
10
10
*47%
COrp
hulf at*t#a
136
2%
12%
12%
12%
7%
t-:
15%
39%
•
2%
12
'
26%
7%
36%
14
39%
;■
No par
$5 preferred—.
OH
2%
12%
5%
102
'
5 »/8
>98
5%
101
'
Gulf Mobile ft Ohio RR com.No par
Gulf
100
106
*105%
106
(The) —
Guantanamo
$5
40
40%
*105%
27
*15%
14
xl2
12%
*35%
15%
36%
14
1
Common
Grumman
40
39%
106
'
1
City Steel
(W T) Co common
conv
"
9
3%%
$2.25
•106
10
Co (The)
preferred
Grayson-Roblnson Stores
106
13%
20% Apr
<
;,t'"
52
18%
*12%
100
513/4
18%
par
Greenfield Tap ft Die Corp—No par
4
8Va
18%
Co
preferred
Greyhound Corp
5
7%
V 20
t
99
'
-
1,000
v.
453/4
t
127
Oct. 11
64%
69
July 20
y/
100
80
'"•**
37%
38%
45%
100
125%
40%
6
52%
Tuesday
135
101
65%
101
*66
12
37%
45%
v
7%
Oct. 10
.
•125% 125 7*
101
37%
46%
7%
.
19
134
136
28
19
5,400
74
•27
19
♦134
3,100
t
8
*73
.
40
113/4
75/a
28
19
100%
51%
52%
It
2,700
154
11%
<
72%
•27%
1
-
;
£7
8
I per share
135
'
*100
Monday
-
$ per there
10
No par
..No par
19 ;
v
108
127
127%
'
37%
100 %
♦100
72%
28
136
45%
-tV 44%
•loo r 100%
73
*134
136%
37%?
37%
45%
..
73
;
10%: t
-10%
8
74
*18%
2,400
t't lit-! 100
'
12
7%
103
»1£2%
1533/4
11%
-
30
45%
*102>
"
1,600
106
45:j/4
t
10%
152
11%
*40
3
3
X10V4
-155
10%
Green
Jun
*152
*105 Va
46%
103
10%
Great Western Sugar com—No par
7% preferred
100
Green Bay ft Western RR
100
66
10%
10%
t
.
r
106
453/4
♦102
10%
10%
14% Mar 29
3
10
»ee
10%
46
104
•
28% /T^t»27 %
-
40% Oct
33% Mar 19
footnotes
45%
*102
155
•153
155
105%
46
103
103
t 106%
*10
105 %
45%
45%
45%
*103
No par
$5 conv preference
Grant
5
300
5,200
12,000
j
'
26%
•153
Glmbel Brothers common
7
20% Mar
5%
17%
105 %
.1
com
Gen Tire ft Rubber Co
Oct
Jun
t
200
14 Va
10%
50
Granite
May
•
800
17%
5%
.
16%
17'/8
14-/8
17%
26%
28%
7
99
3,800
33
16%
16%
•
300
63/4
x33
17%
29 Ye
28% Jan
31
6%
2,400
10,300
:
19 %
106%
14
Nov
t
53%
26%
28 Ye
16% Jun
Nov
5%
55/8
29 Ye
Oct
89
16%
•17
5%
♦105%
35
23
7V4
5%
General Shoe Corp
1
Gen Steel Castings $6 pfd—No par
General Telephone Corp
20
Grand
;
280
17%
23%
Goodall-Sanford
14
6%
17%
4%
123
6%
5
20
7%
14 %
6%
19
24
5%
7%
13%
23%
Sep
Jun
800
68 Ye
17%
10c,
64% Oct
Jun
68%
%
8,000
19%
No par
Cement
19
98% Jun
800
53/3
'
Equip Corp
14
34
16
173/4 m7%
26%
5
Advertislng..._No
29
100
69
tv'
17%
'26
0
:
(The)
2,800
117%; 17%
16%:
17%
6%
Co
1,900
9%
*19%
No par
series
14%Jun
Oct
69%
13%
5 tv
190
1
Par
52% Jun
Oct
ty 17%
13%
LOW
24% May
64% Oct
Jan
13%
1,800
55
153/4
15%
6%
V
90
'
9%
9%
333/4
61?
4%
9
54%
18%
6%
13%
Oct. 8 tv
Goebel Brewing Co
Gold ft Stock Telegraph
50%
9 3/a
9%
543/4
333/4
*15%
4%
24
6%
16%
13%
24
33%
■17%
•13%
24
6%
*15%
17%
17%
28%
23%
6%
34
33%
•
28
9 Va
7%
6%
>29
tt 15 Va
17%
34
20
s5v4
'
5%
7%
*17%
6%
1
*5%
7%
17%
*33%
STOCK
12
97
5%
7%
17%
5,200
84
95 %
95 %
543%
y:
7%
5
100
Jan
105%
'
15%
17%
*17
*83 Va
t *93/8
::t t
■■
t-tt
69%
100
116
103% Aug
9%
9%
15%
25%
!
85
24
54%
69'a
100
3
5
9%
*9%
*54
*15
15%
28 3/4
'
24%
69%
common
13
10% Oct
t'1:.t r/t.;'v
68%
50
5% Jan
14%
9%
•15
■.
95%
29
*24
10 Va
;
"
■
"
100
Co
$3.75
■/;/■ 27%
55
tt;tt/.
t... /; •'/ .■•:/
96%
18
1.68%
x95% Jun
40
*95%
•
*83%
17%
No par
.2
Nov
122
9%'
10
543/4
No par
YORK
conv
90
200
3,600
13%
1
Refractories
4%%
9,400
103
*14%
50
Glidden
11
"
28 Va
103
133%
Xl 5%
Gleaner Harvester Corp.
t 53% Mar 25
273/4'
■
103
113/8
18%
...
Portland
$4.60
27 7%
103 '
15%
com
23% Oct
17
48
,
133/4
20
28 % Aug 18
17
17% Jun
28
May
65% July
91
•
*15%
23%
5
For
16%
t
6%
23
14
16%
*15
23%
8% Apr
Feb
23%
6%
27% Oct
85
*223/4
.
24%
4
5% Mar
23%
.
6%
19
16% NOT
23%
27%
28
*23%
5% Feb
Dec
22%
103%'
10c
16% Jan
Mar
22%
No par
Oct
9% Mar
27%
103%
23%
2,300
>11%
com.
Public Utilities Corp
Railway Signal com
8% preferred
Gen Realty ft Utilities
18
29
27%
103%
*22%
15%
Gen Public Service
15% Aug
Xl2
27%
103%
23%
104
IIIlOO
$6 preferred
18
Feb
28
47%
*22%
Gillette Safety Razor com—No par
Jan
17% Jan
Dec
*27%
7
1
14
14%
1,900
8
12% Jun
47% Mar
94% Mar
1,000
11%
68
79% Jun
Mar
120
66%
71%
24
May
400
11%
17%
General Motors Corp com
4%%
74
653/4
47 Va
47
*15%
:
General
74
73%
11%
*7%
25
73%
73%
66
*70%
39% May
96% Jun
733/8
11%
*65 t
Dec
Mar
73 3/4
18 Va
preferred
t%% conv preferred
General
80
65%
4%% preferred
100
8% % preferred
.100
Georgia-Pac Plywood & Lumb Co.l
Dec
4
1,000
'
11%
7
3
Feb
113
1,600
163/fl
.
65%
17%
17
:
13V*
153/i,
,
11%
*17%
87
Feb
12%
16%
■
65%
5
27%
19% Nov
13
16%
733/4
124
99% July 18
22% Jan
3
Dec
101'/a
12%
16 3/8
102
113/8
*122%
Oct
Dec
♦100%
125/8
163/a
65%
100
Jan
1013/4
123/a
16%
11 3/8
5
31%
1013/4
1013/4
12%
65%
123% Oct
29% May
30 % May
'
103%
11%
May 19
4% Feb 10
132%
Dec
..." :
5,900
16%
18
24% Nov
Feb
1
31
47 Va
15%
7
303/8
105%
*17%
6% Sep 14
31%
47%
9
24% Jan
31 Ye
t '
■
105%
No par
22
■!
'■
106
Gen
20% Jun
-/■
600
105%
Gen
120
3,100
105%
3
Jun
700
4%
46%
7
Jan
'■
f
105%
Oct
6% May
17%
4 a/8
4%
46%
20% Jan
30%
17%
18
105%
3
Feb
17%
■:
■'
■
46%
14
16
8,200
10,100
43/4
18%
6%
General
ii!14%
34%
xl4
66
*102
No par
Gen Precision
tr: '•/';
15
35
105%
15% Jun
8
10
'■
■
14%
■
12%
47
11% Jan
3% Oct
,-av
13%
No par
Outdoor
y/
15%
com
Gen
%
343/4
■
34%
•15%
2nd preferred
Preferred
.<
11%
$3.60 preferred
General Instrument Corp
General Mills common
¥'5.S
■
j
(The)
Foods
103
v
105%
Jun
128%
4% Mar
48%
12%
May
15%
Jan
101%
12%
29% Oct
29
72%
101%
16% Mar
Dec
76
31%
11% July 19
2% Jun 28
Dec
18%
30%
22% Jun 17
18%
98%
303/4
Nov
10%
•21%
305/8
18% May
4% May
12% Nov
2% Feb
110%
22%
30%
General Cigar Co Inc com.__No pat
7% preferred
100
General Electric Co
No par
there
99%
Sep
30%
-
15%
preferred
conv
5,200
%
4%
EXCHANGE
125%
22%
17%
4%
1
Amer Transportation
pfd series A
No
NEW
Oct
120
17%
4%
No par
Co
Baking
15
13%
Industries Inc'com
Highest
93% Feb
12% Mar
Feb
173/4
43/4
IIIIIII10
$8 preferred
General Bronze Corp
General Cable Corp. com
Range Since Jan. 1
Lowest
Highest
50% Mar
119
*17%
4%
...
$4.50 preferred
General
u
ih
15
STOCKS
Year 1948
$ per share
17%
4%
IJb
General American Investors
> $4.25
200
1,500
15
15'/a
193/4
11%
common
4% % conv preferred
Gaylord Container Corp
General
1,100
19%
1
Corp
(The)
Range for Previous
Lowest
17 %
par
preferred
conv
15
34%
No par
common
Gamble-Skogmo Inc
6%
1,700
24%
10
(The)
12%
373/4
243/4
100
(Robert)
preferred
9%
37%
—
100
Gslr Co Inc
27%
15
343/4
No par
2
Chem
Fruehauf Trailer Co
4% preferred
8
14
14%
343%
*11%
Shares
'
DAY
%
u
14%
Froedtert Grain ft
Malting Co Inc.l
7
%
*34%
*65%
39%
19%
'''
columbus
14%
No par
No par
24%
39
•19%
15
34%
•
36%
24%
the Week
S per share
'
34%
'
4
14% Oct
U
14%
Sales for
Oct. 14
36%
-
•
CLOSED
*14%
46%
I_No
Freeport Sulphur Co
7% Oct
20
14%
•«
105 %
Franklin Stores
Corp
7% Apr
Apr
14%
25
prior preferred.
Francisco Sugar Co
38%
Jun
14%
■
74
0%
6
Oct
103/4
*73
preferred
17% Jan
•
*19
7y2
Machinery ft
3%% conv pfd
Foster-Wheeler
20
~lo
Corp
Food Fair Stores Inc
Food
3%%
193/4
16%!
com
FHntkote Co (The) common
$4 preferred
Florence Stove Co
18 % May 25
40%
20
100
36% May
15% Jun
Dec
40
No par
Dec
Dec
40%
*16
preferred
Dec
9% Mar
exchange
5
Ins NY
13
27
STOCK
243/4
j
26
Jan
36%
24%
*38 Va
5
First National Stores
Ftrtb (The) Carpet Co
Power
36
24%
q
Mfg Co...
Fidelity Phoenix Fire
Firestone Tire
36%
*39
No par
Ferro Enamel Corp
6
36%
♦24 Va
40
14%
100
Felt ft Tarrant
6
Oct
Sper share
Friday
Oct. 13
$ per share
$ per share
•19%
^,
com
Thursday
Oct. 12
2
preferred
6
74
14%
22%
17
PRICES
Wednesday
24%
1
Federal Mining ft
Smelting Co
Federal-Mogul Corp
4%%
$ per share
37
24%
I_
II
common
Federal Motor Truck
Federated Dept Stores
•36%
1
Liquidating Corp.
Fedders-Qulgan Corp
Oct. 11
*3y'
20
when issued
17% Jan
28%
*104
stock
com
20% Jan
.
May 16
Jan
Add
Tuesday
Oct. 10
t per share
No par
Corp
FAR
Jun * 6
32
Jun
3
8
% Jun
Jun
Oct
Oct
1"
12% Aug
5
21
Brewing
Monday
Oct. 8
,
Par
3
25 % May
,*41% Oct
HIGH SALE
AND
'Saturday
EXCHANGE
share
*
xl9% Not
(1505)
STOCK. RECORD
,
I per share
CHRONICLE
STOCKS
Year 1948
Lowest
FINANCIAL
:
-
68%
19%-
5%
♦98
102
♦98
123/a
12%
12%
12%
13
483/4
49
50
50%
68%
68%
68 Va
69
12%
50
68%
102
12%
49
67%
20
19%
20%
20
r
20 Va
-v
50
8,700
'
600
68
9,100
19%
5,300
"
193/4
37,400
COMMERCIAL
THE
(1506)
18
/ Range for
Previous
Highest
$ per
t per share
tper share
$ per
S per share
Par
$ per share
share ;
Oct. II
Oct. 8
share
i
Oct. n
$ per
t per share
.
Thursday
Wednesday
Tuesday
Oct. 10
PRICES
SALE
HIGH
Monday
Saturday
STOCK
EXCHANGE
Highest
*
YORK
NEW
Range Since Jan. I
Lowest
AND
LOW
STOCKS
year 1948
Lowest
RECORD
STOCK
YORK
NEW
Monday, October 17, 1949
FINANCIAL CHRONICLE
&
share
Sales
Friday
Oct. 13
Oct. J4
for
the Week
$ per share
$ per share
Shares
H
31
Oct
Nov
22%
31
Jan
16% Jun
7
Dec
12%
89
Jan
*101%
Feb
107
Jun
21%
Feb
27%
146% July
150%
20 Va
Dec
Oil
13
.81
4
23% Jan
20
•
4%
6
107% Aug
4
6%
Feb
4
25
Oct
13
10
Jan
5
68% Oct
8
6% Jun
28
9% Oct
61
11% Jun
Jan
106%
105 >/2
Refrac com__No par
*21%
21%
21%
100
*143%
10
24%
24%
•24%
1
100
A
2
5'A
5»A
5%
68%
68%
8%
8%
Hat
20
;
i
Marx—_
Schaffner &
Corp of America
4%% preferred
common
Hayes Industries Inc.—
Jan
11%
Jun
Hayes Mfg
.
Corp..
26%
Jan
19% Feb
3
24% Aug
Hazel-Atlas
Glass
20% Jan
13
25% Aug
20%
Oct
78
Jan
91
Jun
84
29%
Dec
42
Jan
30
95%
Jan
22%
98% Jan
14
23% Jan
4
30
Oct
14
Dec
35%
34% Jan
6
Dec
22% May
13% Jan
4
Dec
57%
40
Jun
1
120%
Dec
Oct
122% Feb
Feb
128%
25%
Oct
Apr
30%
114
Mar
17
Nov
17% Nov
28% May
14% Jun
86%
131
Sep
Oct
84% Sep
1
10% Oct
13
14% Jan
12%
Dec
25% Jan
12 % Jan
21 Vs
Feb
29% May
20
11% Jun
9%
Dec
Feb
30%
30'
29 V«
42%
Nov
Holland
15% Sep
30
20
<
22% Jan
21
;
28% Sep
16
47% Oct
14
3
■
31
Sep
Dauch
&
Hires
29
34% Jan
Feb
Vz% preferred
Hinde
2
Co
6%
x6%
6%
6%
23%
23%
23%
23 Va
25'A
25 »A
25
*92
93'A
92%
92%
*92
93 VA
♦92
36 Vt
Dec
29%
30
*29%
29%
29%
29%
29%
30
41'A
41'A
41%
*41'A
42 %
42
42%
42 VA
42%
15%
*15%
15'A
16
*15%
48
•15
*82
.,—100
*14
1
*15
28
10
10
10%
10%
14%
14 %
14%
14%
14%
14 y4
15'/a
15
28
44%
44%
com—5
*28%
No par
*107%
15
15 Va
300
28%
28
28»/a
4,200
15 %
15%
300
15%
*15'A
15%
20%
20%
20%
28%
28 %
28 %
45
46
46%
47%
46%
47%
21,000
28%
28%
28%
28%
28'A
800
108 'A
108'A
28%
11
99
9 %Jun
8
13
12% Mar 30
Houdaille-Hershey
34% Aug 10
Oct 13
38
preferred
50
Household Finance com
No par
36
———100
*92
93-
*47
47%
47
47
46%'
40 Va-
39%
39%
39%
41 %
*14%
15%
14 'A
14%
39%
39%
39 ?A
39%
8V2
8 %
Dec
18% Jun
29%
Dec
46% Jan
30
Feb
11
Nov
34%
28% Jan
6
81
Jun
86% Jan
Oct
42% Jun
20
Jun
29 % Feb
7
Mar
94%
Feb
14
Dec
23
Jun
12% Jun
Jan
47
Jun
31% Jun
28
3%
Sep
8%
41% Oct
15% Sep
46% Jan
•
Howe Sound
Hudson
14
7
26
14% Oct
13
9
19
Apr
8% Aug 31
5
May
1% May 23
Feb
r
10% Jun
Jun
&
Hunt
6
Hupp Corp
Hussman Refrigerator Co
16% Oct
6
14
Foods
Inc_
Year 1918
93
93
93
93%
93%
47 VA
47%
41%
47%
47%
3,600
40%
40%
41%
12,900
*14%
15%
8Vs
8%
8%
*92%
93
*92 %
$ per share
47%
40
40
8%
-?.;%30
500
Va'
3,100
16,700
9%
9
4,000
*11%
12
11%
11%
12%
12%
12% ;
13
12%
14%
40%
39%
39%
39%
40
39%
40%
39%
40
14
13%
13%
13%
14'A
14
14%
13%
13%
9%
9%
9-A
9%
9%
2%
9%
9%
5,000
2% £ 2%
12.6C0
16%
1,100
13%
9%
9%
'7:
9%
2'/s
2'A.
2'A
2'A
2»A
2%
2 3'a
*15%
15%
15%
15%
15%
15%
15%
LOW
STOCK
Oct. 11
16%
$ per share
Shares
$ per share
$ per share
for
the Week
Oct. 14
Oct. 13
:
Sales
Friday
Thursday
Oct. 12
$ per share
tper share
t per share
.'■t
16
2,400
33,900
PRICES
Wednesday
Tuesday
Oct. 10
Oct. K
Par
SALE
HIGH
AND
Monday
Saturday
;
'
,
40
39%
•
400
1,500
V
15%
*15
9%
8%
No par
$ per share
8 per share
11%
-1
EXCHANGE
Highest
.
YORK
NEW
Range Since Jan. 1
Lowest
Highest
$ per share
38
STOCKS
Range for Previous
Lowest
33 Va
33
:—.—6.66%
7
2% Jan
:
33%
38
11%
*40
non-cum
Hudson Bay
11% Jan
■
11%
33%
37%
39%
preferred
100
Min & Sm Ltd—No par
Hudson Motor Car
*
12.50
Jun
11%
33%
37 Va
Manhattan common—100
14
22%
12
33
36%
15%
9% Oct
Dec
11%
33
36'A
39
14% Oct
5%
11%
33%
36'A
*14'A
47% Jan
.
2,800
*11%
*32%
36
*'38%
7
'
93 %
11%
25
—
410
108
103
*97%
98
*97
98
33%
-5
Co
108
*97
98
300
29
11%
Corp————1
Stores
Howard
9
20
107%
107%
107%
*97
1,900
203'a
20%
*28
*32%
No par
t a
v
7
12%
14%
Oil of Texas
Houston
29
Nov
12% Sep
^preferred
Houston Light & Power
4
13
8 % Jun
14% May
50
Dec
com
4% Jun
Sep
Jan
2
3%
22
conv
33% Jun
Dec
8%
34%
10% Dec
Sep
48% May
-
14
33
1
96
6
49
38%
Oct
38
20%
Jan
$2.25
*14%
15%
1
27
1,300
28 V4
v
29
*28%
29
14%
45 Va
44%
98
'14%
20
16
*23
107%
21,700
15
29
*97
10
10%
27%
Apr
No par
No par
7,200
10%
15 Va
27%
19%
19%
19%
28 y2
1,500
16%
28%
*15'4
16
*19%
*27%
16%
82 y2
*81
82%
28
*15
15
27%
490
16 Va
16%
*81
1.400
129 %
16%
10%
28
*15'A
5
10
30
12.50
83
9%
14%
10
16 VA
82
30
39
38%
16%
16 VA
15%
82
800
3,400
127
>;-'V 127
126
15%
15 %
15 VA
15%
126
520
15 34
48 Va
127
38%
38%
;
38%
127
15%
*82
10
38%
*126
128
15%
83%
9%
48%
127%
1,000
48%
15%
"48'A
127%
80
104 %
*104
16
48%
129%
38%
38%
16
15%
48'A
130
*128%
130
129%
43 %
48'A
48'A
15%
$4.50 2nd pfd. ser A$4.25 preferred
30
200
29%
29%
*41
Jun
3
36'A
104
104
105
100
May
300
36%
*104
x24
109% Aug 17
4,200
25%
93%
*35%
93'A
36 Va
Dec
,
23%
*92
23
105'/2
Jun
35%
103
6%
*24%
'.
36 Vs
94% Sep
24% NOV
99
..
8,300
2,300
:/'77
104 %
15%
—
10
6%
36%
5
Mining
1,300
9
104'A
15%
preferred
;
■
*36
*15'/a
_
700
-
5%
*104
1
E)
70-
•
68
*36
5
Co
7
8%
25
36 VA
25
*5%
23%
25
127
Hooker Electrochemical Co.
28
6%
23%
■
♦
147
*65
9'/a
6%
25
38%
(A) & Sons
Holly Sugar Corp
Homestake
9y>:
7
6%
127%
Paper Co
1,100
25
25%
5
(Charles
21 %
5%
68%
23%
38%
A
ter
Furnace
conv
8% ''
30
21V«
25
5%
*65
500
79%
105 %
*143%
.6%
127%
Hollander
5%
8a4
9
*8%
100
No par
—No par
Hilton Hotels Corp
13
8% Jun
Oct
.
247/a
5%
1,000
12V2 '12%
147
68%
*65
68 «/a
10,900
79%
21%
'143 %
r
14
105%
79%
106
21 Vi
24%
5%
/
DAY
>v
22%
13%
12% 7V:
♦78 Vs
'105%
147
24%
5%
COLUMBUS
21%
*143%
24%
:
106
21%
■
147
"
*128%
Chemical Corp
30
16
24 % Mar 10
Jun
Dec
May
15% Sep
28% Oct
3
Jun
16% Jun
16% May
15%
25
15
16
3
*105%
21%
:
12'A
12'/2
80
100
36
*35%
22%
7
23%
No par
preferred
Heyden
*65
*12
*78 Va
105% V
*143%
147
14'A
*24%
No par
Hewitt-Robins
7
-
3
Dec
9
21% Jan
j
Motors
$4 conv preference™.
Inc
Sep 20
21% Jan 26
;
_
preferred
Hershey Chocolate com
■130
14
14
8% May 20
Jun
5%
5
xl3% Aug 25
common
Hercules Powder common
16
40
common
non-cum
Hercules
14
49% Sep
1
79% Jan
Oct
113% Jun
-
W)
(G
7%>
17% Aug 22
-
13
26% Mar
Apr
123% July
27% Jan
Helme
12%
78%
,
'
100
25
100
10
25
preferred
3.65.%
10
42% Oct
13 Vt
78
10
Nov
24%
41%
34 %
Oct
105
—
Co_——
preferred
(H J) Co
Heinz
36% Aug 19
3
Jan
3% %
94% Sep
17
May
103
Nov
Jan
9%
;
80
23
CLOSED
78%
*12
12%
*78%
36
EXCHANGE
14JA
22%
STOCK
22%
5
Hecht Co common
7
5% Jun
27 % July
*12%
■:>
15
Feb
Mar
6%
*20
14%
*14
*105%
preferred
Hart
5% Oct
3
4% Jan
79
14%
14%
35%
22'A
14'A
22%
*35%
14
35%
35%
21%
21%
6
No par
100
(M A) Co $4.25 pfd—No par
Printing Co
Harbison-Walk
13
20% Jan
Dec
21%
preferred
conv
Hanna
149
May 12
142
Jan
*35%
36
*35%
Hamilton Watch Co com;
Mar 29
Jan
(W Fl
Hall
14% May 19
3
Jun
8
Well
'
27
18% Jun
26
Cementing__5
Water
Halliburton
Jan
104% Apr
Jun
Feb
6%
Hackensack
13
,34% May
4% Dec
69
16
Oct
72% July 26
Xl4% May
Mar
79
Sep
23
-
11% Jun
12
16 % May
Dec
12%
36
4
Sep
35%
Peb
15 %
I
20%
Idaho
Jun
31% Jun
7
27% Mar
42% July
22% Feb
24
Oct
13
62%
Feb
90'
July
73
Jun
13
89% Oct
8
6%
95
Sep
j 97% May
37% July
95
Jun
29
96
4
Leased
Jun
13
.30
25% Jan
4
Apr
35%
36%, Oct 11
•31
Power
20
Co
97
*94
97
23s,a
*26
26%
26%
26%
COLUMBUS
33%
33
33%
33%
33%
DAY
*
.
24%
Jan
26% Aug
20
May
28 % Jan
28
7% Sep
21% Jan
12
10% Jan
4
>
series A
1000
*26
No par
33%
*
50
*53%
Co
5
RR
5
51% Jun
1%
*94
Illinois Power Co common
21
34% Oct
;
100
54% Aug 31
stock
4.70%
4%
lines
ctfs
—:
20y2
Nov
12%
jun
%
preferred
Illinois Terminal RR
7
27
Indianapolis Power &
Nov
25 % Jun
15% Jan
29 % Sep
7%
3
8% Jan
10
Industria
38%
Dec
56
Jun
33% Mar
4
48% Oct
6
58 %
Nov
76%
Jun
55
Jun
7
68 'A Sep
22
Jun
155
Jan
11
Nov
30
150
s
Feb*
>
160
34% Mar
15%
Feb
6%
477/b
Feb
13
Dec
B6
Dec
103
Dec
Feb
'
125%
Feb
8
18% Jan
8
135
88
7% Aug 16
32% Oct 13
73% Jan
17
81% Mar 11
3% Feb
26
5% Aug 19
Jun
Oct
64%
135% July
41% Jun
Jun
99
July
14
.
Jun
25% Jun
139% July
Dec
May
94
iJan
31% Jan
14
143
Jan
Feb
8
13
103.
5
4% Aug 23
107% Jan
46% Sep
64
Jun
50
45
39% Nov
Jan
•••/ 41
Aug 25
fi IVa Feb
65 3A
1,460
*159 %
162
Inland Steel.Co
Jun
Int'l
Int'l
Machine.
—No par
—1
Corp
43
preferred..1
$4
Mar
8% Nov
«%Nov
9
Feb
17
International
Oct
10
International Shoe
€5% July
38% Jun 14
35
Mar
30% Aug
Jun
7% Jun
10%
57% Jan
.16%
34
8
13
13
Jan 27
4
11% Apr
11
15% Sep
26
.26% May
35% Jun
18 % Feb
22% Mar
24
Jan
3
31
Oct
5
29
.39% May:
24
fjun
14
32
Jan
21
136% Aug 12
148
Feb
2
6% Oct
14
14
137%. Jan
145
0% Deo
May
10
14
1
July 28
'
2% Jun
13
Jun
11% Jun
14
92 ya
Jan
81
May
80% Feb
48
May
«oy2
99
May
Oct
23
17
23 y2
18
Dec
99% Dec
B8y* gep
100% Feb
42%
Jun
113%
Jun
Jan
..
*
3
5%
27%
177 »/2
*78
80
*78
5
5
*4%
29%
29%
29'%
136 %
102
5%
17«%
.
*101
5%
':v7 V'
63%
.
51
51
*50
59%
59%
60
60
45%
46
45%
International Silver common..25
50
*33
*48%
*48
-
42% Oct
13
6
112% Oct
11
29% Jun
30
44% Sep
21
15
106% Oct
14
Feb
35
Oct
106
May
102
Feb
158
Jun
155
59
May 23
39% Oct
-03%
Apr
43% Jun
11% Dec
21
3
6
Jan
30% Nov
' Oct
93
30% Jun
Jun
101
21
73
Jun
Foreign share ctfs—1
—_No par
International Utilities Corp
—5
Interstate Dept Stores
—No par
Intertype Corp
.
Jacobs
(F L)
28
5
.
Jewel Tea
3%%
Jan
3
Co.Inc*om_JL.
preferred..preferred..,
Johnson & Johnson
A%
*92
93 V2
58% i ;
41%
*my2
113
12%
common
12% Jan
Kalamazoo Stove J& Furniture^
Co
'26%
20
7;/-
'V'/-; 7;
;v:'7V
41%
170
*
105 %
*155
.10%
10%
9%
31%
10%
*10%
31%.
9 %
32,500
9Va
2,700
15 3a
15%
"V
20 %
2,800
400
100
30%
800
27%
27%
'
142
*139
6%
5%
20
24,400
'.v"»'V V-
13%
133*-
13%
92
92%
93
90
59
58%
59
900
104
..-v
1
-V.
5%
13%
59
■
j1. -y.
6
42%
42%
■
42%
.
;'7"'
.vVf'Vv-'
^ *i'
,
104 '
.
*113
W'
115
42%
106%
i
81
31 Va
.
271/4
80%
:
31%
VA
400
40
104
104
:
42%
9,700
l;\ *112 ,h 115
42%
42%
100
42%.
-
•
106 lA
106'A
170
*155
170
26%
26% y 26%.
80% A 82
31%
100
34
9Va
*30
27%
*105 Va
80%
600
92:.
*155 '■
26%
'
20 V2
15%
140
106'A
31%
V..,
31
170
10%
10
,
810
9
9%
21
.
42 »A
80%
81
31%-
60
,
*31%
34
.
•
-140
112 %
20%
"26%
81
49%
600
27%:
42% >42%
42%
108'A
112%
:
2,000
"
53'A
103%
42
42 %
45%
49 V2
.
'
*20'/2
-5%
13%
58%
*
45%
49
•30
92
103 V2
53%
104
*105%
-
60
45%
15%
7
143
4%:
92
93%
60
9%
31
*12%
'12%
_■
50 V2
*31%
-
28'A
*140
j
2,200
538
50 VA
9%
,
31%
1—100
Joy
»
*111%. 113 ;
*155
170
1
preferred series A
40% Mar 16
58
41%
.
;V
'42 %.• •:
•42%
*105'A. 106 y2
*155
12%.
*103%
42
100
:
7 143
*92
104
100
No par
2nd preferred series A...-.100
Manufacturing
:58%
*103V2
'15%-
*27%
4% ••"4%.
4%
12% %
Joliet & Chicago- RR stamped
100
Jones & Laughlin .Steel tsom.-No par
5%
*140
4%
>
-7V
9%!
*30
27% 727%
•12%
—No par
■
20
.31
;
7,'' ■'
'
143 y
-
/ 15%
20%
*30
30%
'28%
*140 :
pfd__160
Johns Manville Qorp com.
3% %
30%
*27%
9%
*20
1
Jersey Cent Pwr & Lt 4%
16
20'%
9%
7:.
'
9%
9%
•
15% 715%
15%
20%
No par
Jaeger1 Machine Co.
13
86
Co.
9%
9'A
*9
15%
...^.No par
_
Island,Creek Coal common.—_—5pc
$6 preferred—.
1
Oct
'
,160 >'Apr 26
,33% Jan 7
.jun 14
30% Oct
preferred,
_
*5'A
5%
:
49%
33
33%
9%
50
33
50%
*33
-34
9
W 9
7 9
50
,.^.25
1%
440
35,900
,
45%
45%
International Telep & Teleg__No par
'
60
51
60
45%
51
102
51
50
*45%
3,300
13,300
63%
63
*101
102
5%
5%
*57%
100
5»/a
29%
137%
137
65%
6,500
80
5
29%
137%
137
4,300
32%
*78
5
130
7
6"%,
29%
2,103
177
32
80
5
29%
.
102
5%
51
-
*101
No par
1
■'*
•
64 %
No par
Salt
'
-7
139%
62%
63
102
*101
.
51/4
7
5
29%
176 %
7V4
32%
:
*78
80
29%
•J-
136 %
62 %
5%
7
.32
31
62%
>.
7%
31%
31
80%
4"%.
*101
7%
30%
7%
5 7'%
6.1r 0
15,400
26%
26%
178%
*177
136%
preferred..'
104 % Sep
17
Dec
83% Feb
,18% Jan 24
24
89
4
Aug 10
44
-Jan
95% Jan
145
29*A Mar
26%
177%
■
liy8Apr
7% Jun
Nov
26%
178 %
•
*
Jun
'17% Mar
26%
5,900
/
182
182
27%
>
'-'-.s-...
1%
11%
11%
11%
181 %
181
'v'
93
1%
1%
1%
11%
181%
2,900
16 %
16
*92'A
93
300
9%
*9%
9%
16
S
*92 %
1%,
11%
*177%
61%
__No par
.
93
27
*135%
Int'l Rys of Cent Amer com..No par
180
16
,
'
Mar
30'
179%
15
Co coin
"
!f
179%
178
—100
Preferred
International Paper
*92 %
1%
*78
* 4%
29%
preferred—
Mining
93
9V2
.
16
11%
100
4%
15%
1%
30%
Int'l Nickel of Canada corn..No par
9%
*9 %
11%
30%
com
9%
15%
1%
5
Chemical
International
••
11%
26%
178'%
7%
:
&
13%
3,600
*92
267%
Minerals
3,500
13'A
1%
*177'%
» 7%
Int'l
37%
13
113/„
,100
Int'l Hydro-Electric Sys cla.ss A—25
common
preferred
37 >
13%
iy8
__No par
Harvester
7%
37% '
13'A
11%
178
»•«);
162
159 %
37%
13%
9%
93
*
37%
15%
No par
f.
36%
■-
9%
15%
100
a—,
'
*159%
13 %
*9%
2
Feb
'
7 13
13 %
■?
162
7lA
7%
37
36%
36V2
r.
160
NiO
162
15%
*92
Rubber—No par
Iron—
Business
*159%
36?%
13
1
common
preferred
4V2%
65
_5
Inc
Corp
46
<5*
20
Inspiration Consol Copper
61
20,
Jan
8
No par
—
71
6
.
it
7;
65 % Oct
7
13
*
Dec
62%
14
5% May
Feb
6%
65
5% Feb 24
24
93
Jan
65%
14
Jun
42% Mar
66
Oct
9%
34%
65%
5
38% jun
.
65%
*145% Jan
8
Deo
65
Interlake
14
8% Mar
1,800
65 y*
Intercontinental
28% Sep
24% Mar
48'A
65 % i
8
180% Sep
71
100
47%
65
7
3
■
7%
48
2 ye Jan
1
>
*7%
.47%
13% Jan
22% Jun
28%
7%
8
164% Jan
1,400
4,700
47%
29
Jun
8V4
28 V0
*7%
Jun
Jun
8Va
27%
47%
9% Jun
174%
600
8Va
7%
De
Insuranshares Ctfs
182
54 VB
47%
Interchemical
20
5,500
33%
*7%
14
93 V\ Apr
510
33%
*53%
47%
28•
11
54
28
28%
28%
34 Va
8%
81/4
26%
27%
54
7%
9 % Sep
•
27
33%
i
V:'
•: 27
47%
16% Oct
1
500
97
*94
97
*7%
3
3% May
Feb
,
20.500
*47%
30
x34%
6% Nov
-
25
Dec
23%
1
14.
Apr
41%. Jan
*94
54
8
28%
28%
28 %
28%
par
88
Mex, S A—
Jan
16% May
Dec
J 65
Oct
160
■
8
Jan
156
-•
May 31»
Light—fao
30 ¥a
87%
-
Rayon
1
Ingersoll-Rand common
No par
6% preferred
——100
Electrica
Industrial
12% Apr
86% Jan
8% May
23 % May
1%
Jun
11% Jun
,21% May
?
11%
26%
4
2,500
29% ?
89%
'
97
54
8%
*9
8%
*P4
54
*53 %
54
*8
35^a
31
*88
CLOSED
A
"
•
Feb
90
*89
36
30 Va
STOCK
EXCHANGE
89
89 %
■
Jan
36%
30%
29%
29%
89
35%:
35%
36
36
89
35%
29%
A—100
non-cum conv pfd ser
29%
35%
28%
35%
j
Illinois Central RR Co common_100
1,900
20
.
12,500
26%
26%
81%
81 %
660
311'a
6,500
10% /10%
300
,31
K
8% Jun 30
May
:
8
Kansas
x80
Nov
98
May
08%
Dec
101%
Dec
28%
Feb
48%
Oct
94% Jan
100% Feb
x34%Feb
12
11
48% Mar
60 y2
18% Dec
80% Feb
18% Dec
18
May
10% Jun
26 y«
July
17%. Jun 23
Jun
22% July
Fpr footnote*
see
page
102
Aug 22
'105% Aug 30
24
45 % Oct
52
,,Jan
3
14% July 25
xl3%Jun
24
1
13
58
'
Sep
13
7
16% Aug 18
14% Jan
7
21% Jan
17% Jan
8
7
100
100
*100%
105
43%
*100%
101%
*104%
City Southern eom__No par
4% non-cum preferred
100
Kansas Power & Light Co com.8,75
3.80%
4%
10%
City Power & Lt Co—
preferred
preferred
cum
,—
Kansas
43%
'
101%
*100%
101%
*104%
105
*104%
*10 y*
10%
*100%
101%
*100%
101%
104%
*104
104%
40
43%
7,300
57%
100
.
105
43
43%
43 V*
104
43%
44%
45%
43'A
*56
*57%
58
57%
57%
*57%
58
15%
15%
15%
16
15% -15%
15%
16
15%
Kayser' (Julius) ;& Co..
5
Kelsey Hayes Wheel conv class A_1
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
1,300
20
20
20
20
20'/*
19%
20 y8
*19%
20%
1,300
.1
16
16%
16%
*16
16%
1.500
Class
B
"51
59
16
*19%
*15%
16%
16
16%
•
16
,
7,900
I
THE- COMMERCIAL
Number 4847
Volume 170
NEW
Range for Previous
Lowest
42 %
Feb
60%
Oct
Nov
51
12%
Dec
Apr
Oct
.19
Oct
11%
Feb
Dec
89
i
75
Nov
32
,
Jan
37%
Mar
63
29 %
$ per
56% Jan
12
47% Oct
13
14% Oct
14
"u Jun
..
.17% Jun
"90
24% Oct
15
14
Jun
10% Jun 14
62 " Mar 18
>
Oct
.
72
Sep 22
31% Jan.i 7
',■25% Jun 20
58 y2
July
'
/
43
: Jan
26
Jan
;42% Aug 1,7
; 48% Feb 14
Oct
49
98
x35% Feb >16
39%» Jun
Feb
13
103'/a Oct 14
x 14% Sep* 7
,
*95% July 1 ". 90% Aug 11
45% Feb
40% Nov
CHRONICLE
59'A Aug
2
Oct
13
56
3
Saturday
Par
.Kennecott Copper
*Kern County Land Co__
.Keystone Steel & Wire Co
-Kimberly-Clark
4%
.No
45%
23%
14%
23%
100
*100%
Kinney
(G R) Co common
_1
$5 prior preferred
_No par
,
,
/Koppers Co Inc
common
.4%
preferred
Kresge (S S) Co_
,
ioo
JIo
14
24%
24%
•■■>•23%
*95%
*14%
*58%
59
*55%
56
Friday
Oct. 13
Sales
Oct. 14
$ per share
48%
47%
46
47%
14%
14%
293/a
14%
STOCK
*95%
24%
CLOSED
59
55%
7%
7%
COLUMBUS
96
14%
5,000
1,400
'
24%
7,400
103%
,
14
72
320
14
500
72
10
28%
29
3,900
96
*95%
*70%
29%
29
DAY
■
24%
102
95%
95%
30
41%.,
4134
7%
'
41%
41%
3,800
59
55%
•59
'
*70%
29%
41%
59
102 %
*14
71
12,500
■,/
"
24%
102%
-
EXCHANGE
14
'-•29%
:95%
Shares
48%
47%
14
„
for
the Week
$ per share
r
453,8
243/a
'13%
41%
t per share
47%
104
55%
-
Thursday
Oct. li
473/4
71
41%
•v
"j
14%
73%
95%
>41%
par
19
PRICES
^Wednesday
45 Va
■
*102
14%
,'71
•'■•>■29
96
41%
102
101
29%
*
—No par
"Kroger Co (The).
45
73%
29
iq
^Kress (S H) & Co
47%
14
15
*71
:
47%
45'/a
101
*14%
10
47
*13%
SALE
<
$ per share
,-,44%
•
HIGH
Oct. 11
share
$per
.
47%
44%
*13%
com___Nopar
Corp
,47%
_5
No par
2nd preferred
conv
AND
Tuesday
Oct. 10
$ per share,
par
'>.»
Monday
Oct. 8
.
(1507)
RECORD
LOW
"a
STOCK
share >...
6
39
:
104% July
.14% Jun
;
STOCK
EXCHANGE
Jun 20
11% Feb 25
A0
,
j-
May
24
Feb
92
16%
NEW YORK
Highest
.,$ per share
share
per
f40%
,
Range Since Jan. 1
.
Highest
S per share
.
YORK
FINANCIAL
STOCKS
Year 11)48
Lowest
&
59
59
58%
58%
55%
56
55
55%
1,500
1,700
,
55%
41%
'
■,
i;
4%
Dec
12
Apr
3y8 Jun
Mar
17% Jan
4
9% Jun
14
14 y8 May
Oct
i 53% May
42
Mar
47
i
May
.
Jan
7
14
Jan
43
4
29
22% Jan
98
13'A May
6% Jun
3
11% Jan
Feb
33% Jun
13
43% Oct
3% Jun
13
5% Jan
7
39
8'A
4y2 Mar
A
6
19% Mar
>
5%
41%
Feb
56
8%
Dec
V-12
16'A
Feb
Dec
8
May
v,
52% Oct
21
4
Apr
38 y2
91
Jan
Mar
174% Mar
Oct
33
Nov
8%
>47
Nov
Dec/
68%
Jan
14%
Dec
>-4
Xl8
U
10% Jan
66% Jan
Jun
14
33% Oct
13% Jun
14
17
65 y2 Jun
Jun
5
•
Feb
18
•
x60
25% Oct
3
25% Sep
28
168 % Sep
29
23% Jan
4
153
6
■19% Jan
Jun
23
Nov
25
Nov
Dec
.50
May
20
Feb
91
Dec
357/a May
98 Va July
V 17
Nov
24%
-7%
14
-20% Jun
14
25% Sep
,95
Jan
14
99
15
jJun
13
Sep
9
21 % Mar 30
*89%
*42 2
8%
61%
...
No par
27%
27%
com
No par
15%
15%
100
*'
(P)
Co
16%
16%
69%
69%
69
24
23%
18%
'
(Ky) No
Nashville_„_
>'■
■"
{
\
243/4
24%
24%
24%
1.5001
58
57%
58
5,800
•'
36 Vb
/
;
.90'
36%
„
*184
?
"
>
44
8
8%
8
■>»•'
■A
>:
43%
1.000
3,600
36%
600
90%
89%
184
,183
*42%
43%
.2,800;
8%
-
36%
91%
185
8%
61%
61%
■f> 32%
y> i6
>68
8%
/
>
15% .? 15 Va
•
-a
16%
<8%
61%
31%
,61%
i 30%
69'-
,69
•.
C>>
20%
.16%
?:
.,69
20%
16%
.69%
70
•
•
I
24%
24%
24 %
24%
166%
24%
16T
166%
200
43%
par
30
30
29%
29%
29%
,29%
34%
343/4
35%
24% 4 '
24%
•25
8%
/,( 61%
33%
32%
16
800!
r '62,800
33%
16%
7,500
!>■
62%
16%
'2,800
■
16%
16%
16%
17,700
70%
70%
71%
24%
167 %
24%
69
;
i"4,400
25 %
25
25%
-.24%
24%
V *997
24%
24%
24
*98%
99 %
*98%
99%
,,*98%
,99%
*18'/a
18%
18 %
18%
*18%
18%
10
18%'
;>
-4,500
•
167
150
"
'
j J
29%
29%
35%
34%
34%
2,200
24%
.' 24.%
24%
1,600 '■
-
"
•■
%
167
35%
34%
•
•
>4,100
24%
24%
24%
168
29%
.
-
5,400
"
29%
34%
100
*
■"
24% ■; 243A
„
•;
a
21%
>
-
8
'r
69%
70%
166%
24%
<
/
70:.
,*68
20%
16%
^
'
169
24%
.
.,
3,400
V
;
20% .21%
•j.;
34%
Co...
11%
vr.
50
Steel
51%
11
Lr 56%
(M) & Sons Inc com__l
pfd: series A.
J
100
Lukens
6%
*6%
51."
10%
:
Lowenstein
4%%
11,100,
300;;
52%
:,;V >■>■'■'
;
89%
185
1,600
6,400
•
10%
8%
8%
;
20%;;rV-
,
8
*167
10
>
6
6%
100
common
preferred
18%
*42
.69
.
5.800
4
■
,
29%
16%
No par
(Md). A__No par-
y4
61%
15% •/-
,20%
4,400
3,000
4%
18%
89>/a
8'A
*67
8%
43%
18%
>18
•"
*182%
28
20%
4%
2%
36% h 36%
89
15%
20%
4%
4
2%
.
*
l
Corp
Gas & Elec Co
•
36%
42
/
8
43%
*3%
*6
,
1823/4
.
8%
43%
2%
57 :/
%
60
4%
,56%
8
)
1,200, '
94
2%
56%
61%
70
*67
8%
•
•25 /,
42%
8%
*61 %
*92
4
18
8'/a
94
4%
24%
—No par
JLousville / &
.
43
5
600
1
187/a
2%
25
89%
1,100
•
44
18%
2%
*
No par
*92
51%
10%
36%
19
*4%
«
•
10%
182%
185
—_No par
,_i
Cement
Louisville
11
36%
89
*183
Corp
Bell, Lumber
Lorillard
*36
25
VB" " :
51%
8
*41- >
42
43%
55%
8%
100
com
Inc
Star
-Long
30% Aug 29
41% Jan
131% May 31
Jan
Lone
23
Jan
15% J un
Sep
158
>37
14
13
-21%
•
71% Oct
Loew's
>
8
11%
'
4%
11
,
*41%
43
51%;
"
24%
•
-
24%
55%
;
5
*5%
51%
■■' 11
25'A
55%
J
3%%
conv
preferred
Lockheed Aircraft Corp
5
4
*25
No par
™__
Co
3%
2%
11%
48%
24%
8%
4%
*10%
11%
*46%
24%
'
8
42%
4Va
6%
52
52
5
No par
•Liquid Carbonic Corp
5
8
•Jun
Oil
6%
_l
8%
42%
,
11%
48%
,
'
3%
17%
600
11%
19
42%
18
200
18%
42
2%
18
par
13,400
3%
21%
24%
,
X92% ->92%
2%
18 %
6%
7%
3%
21%
-*46%
11%
19
95
8
7%
3%
21%
21%
48
*41%
7%
-3%
►
24%
4
2%
No par
I
Corp
Belt: Co
•Lion
27
Jan
22% Apr
18% Aug
Stores
Lima-Hamilton
Link
7
3
14 y# Jan
>30% July
Feb
Nov
20% May
68% Jun
14
Jan
78
14
16 ya Feb
Jun
pfd
(The)
prefetred
Lily Tulip Cup Corp.™
10
85
•
Corp
4
*3%
7%
7
17
>24%
Nov
138
13
52 y2 Jun
'
>•57%
12
xti% Jun
Jan
2nd
non-cum
Lehman
8%
42%
1
Lehn & Fink Products
13
Sep
43% Oct
Jun
23%
Dec
13%
'
91% Oct
15
Jun
•
50c
7%
3%
com—
/ $3 non-cum 1st preferred—No
;
*93%
42%
11%
243/4
18%
18%
95
10
Issued
Lerner
186
Feb 14
19
15%
Lehigh Valley Coal
8% Mar 30
33
May
13%
when
com
19%
7%
7%
33A
21%
*46
44
*42%
44
25
No
Libbey Owens Ford Glass
Libby - McNeill
&
Libby
Life Savers Corp
Liggett & Myers Tobacco
70% May
55 % Mar
Additional
37% July 27
170
:
*42
par
Cement
13
14
-6% Jun
>
Portland
28
34% Jun 14
72% Apr 13
Jan
24%
*93%
Oct
58
48 %
24%
100
26% Sep
25
_5
___
& Sons Co
Lehigh Valley RR
11% May 16
20 VB Feb
11%
*46%
24%
19'A
13
15
8% Feb
11%
48%
24%
-
3
Lehigh
12
x41% Jun
i
(James)
11%
*46%
l
■
"
*3%
21%
3%
22
*21%
*11%
50
Tire
*3%
22
*21%
com
12
8% Jan
44% Jan
-10%
157
24% Jan
15
Jun
Nov
-82
13
!
&
*3%
No par
No par
cumulative preferred
Lehigh Coal & Navigation Co
8
Jun
Jun
>26%
>56%
Jan
47/aJun
15
May
.31% Mar
-
3
-10% May
Jan
43'/a
3
&
7%
pfd„75 Pesos Mex
(The)
3.85%
4% Aug 23
■1% Jun
4% July
26'A July
Jan
4
'
Co__
Rubber
Lees
May 24
3% Aug
~1%
Lee
13
Jun
Jun
*
6%
Co
^Lane-Wells
10
Dec
99
Consolid
Co.
Bryant common
4%% preferred
Mar 21
20
26% May
Dec
Light
Lane
29
19
Gas
Lambert
14
16% Jun
Dec
90
30% Mar
La
6
26% Jan
37
;Laclede
21
90% Jan
.721%
10
Jan
22 y2 May
19% Jun
43
;
*
6
11% Sep
46% Sep
.
29% May
25% Aug
*5
6
10
24
9% Mar
:•
7% Oct
5
Dec
4%
17
•
4% Jan
6% May
Feb
100
(
■
100
*99
18%
1,000
18%
18%
1,166
■
_
'
Range for Previous
Year 1948
Lowest
$ per share
Lowest
Highest
•
NEW
.Range Since Jan. 1
Highest
.
STOCKS
$ per share
YORK
'
.LOW AND
STOCK
Saturday
EXCHANGE
$ per share
$ per share
Par
HIGH SALE
Monday
Tuesday
Oct. 10
Oct. 11
Oct. 8
$ per share
Sper share
n-
,,
Thursday
(Oct. 13
$ per share
.
PRICES
Wednesday
$ per
I per share'
Sales
Eriday
Oct. 14
Oct. IS
,t
$ p&r
share
for
(the Week
v
share
Shares
'
py
M
k- •
V
9% Jun
x35 %
Dec
40
129
Oct
142
Feb
13%
Dec
30% Mar
•
131
..",15%
14
138
22
Dec
15%
Feb
247A May
490
-j
27% Jun
95 y2 Jan
10% Jun
6
(
100% Apr
Jan
Jun
10
24
1 Apr
10% Sep
430
.Jun
13
Dec
525
Inc
19% Jan
500
Jan
3
35%
<•134
12%
12%
*35
*134
123/4
123/4
35%
35%
35 %
137
*134
12%
12%
12'A
32%
32%
,32%
100 Vo
*98%
*99
v
9%
*12%
9%
12
Dec
13%
Jun
Dec
26
Jan
15'A Jun
14
18
Feb
14%
Jun
6% Feb
10
10% Apr 29
Maracaibo
Oil
25 % May
17% Jun
13
23% Oct
14
Marathon
Corp
May
6% Jan
13
Marine
Midland
4
Market
St
Marshall
> 6% Feb
9 'A
24
Mar 25
7
«
Aug 30
Manati
Sugar
8% Aug 25
Mandel
Bros
■
Mar
7
1
50
RR Co
Nov
18% Mar
6%
Dec
8
"
15
22%
Dec
-92%
Dec
9%
,.■<
Feb
Nov
17%
Co
J 9%
1
22%
8% Sep
18% Oct
29
24 % Aug
8
95% Jan
Apr
13
19% Apr
29% May,
103y2 Jun'
5
103% Feb
14
.,4%%
7% Jun
14
Apr
12
Martin
.
12
-
Ry
*8% •*'
Field
& Co
7%
*17%
23%
(Glenn
Jan
•10% Feb
11
13% Jan
7
18%
8%
8%
21%
21%
13
57% Jan
7
Masonite
Dec
27% May
11% Jun
13
19% Jan
7
Master
Feb
45
34% July 12
42% Sep
13
Nov
176
170
Jan
<
Feb. 15
1
4
97
80
Jan
11
80
Feb
23
Aug 9
86% Sep 30
7% Jun
27
10
84'A Mar
Jun
89
84
Feb
93
Jun
77% Aug
8% Dec
85
Jan
33
Dec
110
Apr
21
Dec
25
12% May
Jan
-
110
Feb
Jan
101 y2: Jun
Nov
42%
12
25
Jan
$3
Jan
4
14
24
.Feb
24
90
35% Oct
99% Oct
40
Sep
No par
1947 seriee_.No par
Co
No
+2.
preferred
>,-. $6 1st
No par
preference
cum
No par
McCall
Corp
No par
McCrory Stores Corp com..
1
14
5
3%%
preferred.—.
conv
McGraw
21
Electric Co
100
1
....
23% Mar
31
41
Dec
52% May
41% Jan
3
58% Sep
23
Mclntyre
Porcupine
29%
Dec
4
41
13
McKesson
& Robbins Inc com
Jan
35% May
98% Jun
30% Jan
87
3
100
18%
Feb
24%
Jun
15%
.
Dec
24%
Jan
15
Dec
May
23% May
80% Mar
96%
31%
Dec
Dec
25
11 %
Dec
19 '/a
Dec
62 V2
May
May
12%
Jan
18 y2
Jun
8%
NOV
50%. May
{:■
,47
Jun
Jun
92% May
19% Feb
,xl3
/
Jun
i 34
McGraw-Hill
Apr 21
Oct
July 20
24% Oct
16
17% Mar 11
McQuay
17% Jan
Mead
McLellan-Stores
Norris
No par.
8
Mines
preferred 21—
$4
11
14
Publishing
18
Mfg
12% July 14
15
'
70% May 25
92
Oct
34
Jan
12
13
20% Jan
3
Melville
Shoe
Mengel
Co
>
14
1-3% Jan
34% Jun
30
49
12% Jun
14
15% July 25
7% Mar 21
8% Jan 20
Jan
8
22
5%
1st
Mercantile
Co
Inc
120
22%
22%
22%
„3,700 V
*102
>
'
102 J/4
9%
9%
9%
13%
9%
13 ■>
13
13
13
50%
50%
51'
51
13%
13%
13%
40
39%
40
40%
403/a
40%
39%
40
177
*175
177
*174
47
46%
46%
46%
■
-
*174
177
♦174
177
*85%'
95%
96%
*953/4
96%
97
*95%
96%
95%
95%
*85%
88
86%
86%
86%
86%
*86
*9%
93A
9%
9%
88
38 %
*37%
38%
112
22%
34%
*34%
.34%
343/a
*98
99%
99%
36%
37%
31
*30 y2
31%
58
573/8
573A
40%.
40
403/8
40
99 3A
31
*57%,
40%
f
;
Merch
&
Min
Transp
Co
223A
343/4
>34%
>
Nov
95%
Jun
27
90
-Apr 28
Jan
3
105% May 25
17%
Feb
2~7*%
Jun
18
44%
July 27
35%
Dec
Jun
30% Jun
20
92
Nov
104% May
97% Jan
3
Nov
106%
,101%
13
-38 %
Feb
Feb
> 106% Oct
Dec
38
Oct
97
Aug 19
5
'
Merritt-Chapman
38% Jan
26
Mesta
102
Mar 14
110% Feb
24
35%
14% Jan
8% Jun
8
69,% May
128
Dec
140
Nov
16
May
9Vb Mar
14
> July
Jun
42 ya
Nov
56%
87
Nov
98
54% Mar
78
Apr
47% Jan
7
17% Sep
13
24% Sep
2
37% Jun
124% July 14
10% Aug
2
7% Jun 15
43% Feb
105%
May
87
May
<
66% Jun
Jun
18% July
.Mar
139% Mar
37%
37%
37%
3,100
31
30%
30%
300
573A
31
573A
58
57
57%
2,400
,40%
40 3/4
41
40%
41
4,100
31%
*31
>/
*99%
Copper
Mra-Continent
Middle South
Midland
101
*98
99
98%
98%
24
24%
24%
24%
14%
143/a
14%
14%
14%
13%
*91%
92%
*32
34%
*32%
34%
23%
23%
23%
3,000
•
14
13%
133/4
13%
13%
91
7*90%
92%
*90%
,927/e
34
•
31'A
31%
*31%
22%
23%
23%
14%
23
9%
9%
9%
10%
44
■
23%
>9%
93A
45
*43
14%
*14%
*43
44i/2
143A
14%
'
34
45
..
8'A
y;j*8/.:>
14%
*8
8'A
*8
J:
page
*94
112
36%
*106%
107%
11%
10
Inc
com
*45%
No par
8
11%
*23%
new
16%,
*128
45%
16%
13%
14%
45%
% 130
8%
1st preferred
Minneap & St Louis Ry
No par
11%
9%
9%
10
59
Oct
7
98
Aug 30
10
89
Sep
6
16
4
107% Sep
1
13
14% Jan
15
&
SS
100
Marie..
Minn-Honeywell Regul com
3.20 % conv pfd series A
Minn
$4
Min
&
Mfg common
preferred
...
3
100
No par
No par
MinneapolisrMoline Co common
15
80
Feb
25
-$5.50
16
19% Oct
7
$1.50
1st preferred
2nd
conv
.
preferred
1
100
25
*56%
*105%
12%.
74
*18%
106%
12%
74
19%
'
100
112%
590
19%
19%
19%
1,400
1,100
36 3/8
363/a
36%
36%
36%
101%
1063A
*101
101%
101%
101%
*106%
107
106 %
106%
80
11%
11%
12%
12%
12%
12'/a
12%
3,100
46%
46
46%
45%
45%
45%
130
11%
9%
36%
:
;
340
46%
5,600
13,800
1,700
17
17%
17%
16%
17%
24%
24%
24>/a
24%
*128%
20
130
*127%
129%
.11%
11%
11%
11%
11%
11%"
9%
97/a
9%
10%
*9%
9%
58%
58%
128
800
2,100
58%
58%
98
*96%
98
*96
97%
97%
97'A
100
86
85%
86
86
86%
85%
86%
1,500
57'A
*105%
106%
12%
12%
'74
73
4,100
96
112%
100 34
24»/a
128 %
57%
37%
96
96%
112%
>106%
■
167/a
86
37
37%
37
19%
19%
24%
*96%
97%
r 86
800
8%
112%
16%
9%
120
14%
*8
57
*105%
57
106%
121/4
13
73
74
%
743A
13%
74%
f 105
,
.
*105
105%
13
1,000
10
106
13
13%
74%
75%
16,300
■
380
■
*19
20
*19
19%
*19
20
•
*19%
.:
3,400 ;*•■
'
*96
24%
*11
58
97
*85%
v
112
16%
*128
11%
No par
P
37'/a
98
30
9%
*14%
8%
1,800
44 >
43%
14%
600
92
9%
9%
;
13%
92
13%
44
*8
8%
23%
...
23%
Minn St
3
,
1,400
-
1071/4
101%
'
11%
193/4
363/4." O
36%
100%
*106'A
"
111%
20%
19%
20%
100
Petroleum
*95
97
112
12
Jan
24.
*20
36%
36%
36
97
112
25
Jan
16% jun
see
36%
36%
*94%
112
101%
Prod
!
100
23
91
*31%
36%
Utilities
,
200
993A
>237/a
14 >/2
12
67% Jun
footnotes
Steel
10
37%
237/a
12% Jan
10% Jun
104
Miami
1,800
••"•,.
101
*98%
14%
101%
series—
600
23%
6
preferred
10
227/a
145A
pfd.100
3.90%
*
19% May
«11
Oct
4.35%
Scott—No par
&
Co
Edison
•
14%
.....—-___™:—8
Machine
Metropolitan
-
*14%
14 &
■>
conv
•
233/a
*98
99%
44
60c
common
20
$4
300
23%
V ,10
preferred 2-2.2.2.--No par
2nd preferred
No par
23% Jan
14% Jun
10% Mar
$3.50
6
18% Jun
98%
Merck & Co Inc
113% Oct
"
200
113
*22%
35%
34%
"*'
38
38
,
20
9%
*110%
22%
20
220
88
9%
113
3,400
.
69%
37
36%
jr.
85%
3,800
>
•
No par
"
101
*98
37%
97
39%
223/4
57'A
100
*98
■37%
*38
*110%
113
*22%
22Vb
343/a
22%
*110%
..,
>"
39'/2
*38
39%
113
*111
112
22%
9%
*9%
9%
9%
800
,
97
96
.95%
900;;
-
.
47%
*95%
97
96%
2,600
•
177
47%
47%
96%
*95%
| i
'
47
47%
46%
.*95
5,700
.5,500
51%
>
13 3/8
/
'
?
•
102%
*102
13% >13%
23
3%
8 Vb
18%
'22%
1 nq yA
9%
9%
'
;
13%
60
preferred
Stores
y2
8
*18
*13
1
common
»1 o 1
2,600
8%
18%
13%
1
Corp
(The)
-
conv
23%
'
8
12%
*98
Corp common
No par
% pfd (1st series)
100
2nd pfd (1st series)...
60
4%
4%
24% Aug 16
7% Jun
>
4
5
28% Jun
•*,.
22%
10,900
>
18
50
*23
10
8%
12%
39'A
200
,/>.-■ 600 ;<
8%
"
23%
x223A
9%
12%
12%
*175
*
1,500
' 2
,
.
50
1
Co
22%
17
*49%
..No par
!
Co
'
46% May
20%
>
par
-No par
common.
8.,
.
8%
;
*39%'
0
common
22%
22%
7*17%,. J8
103
9
.9%
1,700
.8,600
7%
; 8%
17
>
*13
No par
pfd
cum
23%
-
8%
490
.
50
50
100
$3.75 cum pfd
$3.40
10
Corp
preferred
Maytag
38% Aug 24
Sep
29% Jun
Jan
>>
23%
9%
*12%
1
Chemical
23%
*101
8%
16%
1,900:'
..
'
9%
.7%
7%
8%
1,700 ;:
9%
>460
7%
17,000
.
13%
:
16%'
/
9%
13%
9
490
j
:
100%
>
9%
*460
7,9%
21%
*98 V
,9%
12%
32%
13%
9
,
12%
100%
9%
13%
83/4
a%
17%
102%
v
*81/2
'7%
17%
9%
Co_
Dept Stores
$3.75 preferred
Aug 25
113
Electric
May
Aug 25
97
5
.
30% Mar 23
36% May
88
29
May 25
Jan
,
19% Mar 22
Jan
41%
:
30
Jan
43%
112
7%
Aug 16
47% Oct 14
Jan
38
93
*98'A
,
"lO
•
18
*101
1
Corp
Mathieson
179
Jun
47% Apr
>
■;
.
/
7%
16'% >17
8
8
7%
7%
_No par
No par
Martin-Parry Corp
39% Jun
27%
■
com
Co
L)
19%
69% July
18
-
pfd
100
Feb
35 3A Mar
DAY
''
1,600
139
•32%
13%
32%
490
7%
8%
16%
21%
*21%
*8'A
8%
6.25
5
100
9
8%
1
preferred
Dec
X165
12%
13
35%
>135
137
32%
j
.79%
♦465
17
No par
Corp
prior
6%
11%
Oct
137
J""r
7:9
490
7%
7%
*7%
*16%
.
47 y2
•
13
*35
>
,9%
r
9%
*465
490
S
Exploration
9%
9%
*465
No par
;
Shirt
Manhattan
16% Mar 18
Sep
12%
35%
COLUMBUS
100
.9%/
7
*12 3/4
*35
13
32%
32
*93%
9%
13
t
.
,.
100
9%
13
13
137
>12%
12%
32%
10
STOCK
EXCHANGE
CLOSED
123/4
*35
137
No par
(The)
Magnavox
Co
Mahoning Coal
7
5%
*12%
No par
100
(R H)
6%
15%
com
'
5
21
1
10
100
5
Forbes
Co Inc com
4 % %
pfd series A
Madison
Square Garden
Magma Copper 21.
22
Jan
Trucks
Mack
Macy
6
13
Working Co
&
preferred
>0%
6
20
23
Dec
Feb
M & M Wood
MacAndrews
Apr 26
Jan 10
33% Jan
8% July 27
Apr
9
3
14% Mar
36% Jan
10
.>9% Jun
Nov
9%
Jan
Jun
10
xl6%
30
39% May
103% Jun
27%
94%
,
6
31% Apr
Jan
20
:*"■
U
COMMERCIAL
NEW
Range Slnee Jan. 1
Year1948
Lowest
Highest
Feb
*33 %
64% Jan
10
Sep
14
3 % Jun
13
6
Jan
7
July
15% Jun
14
5% Aug 16
Jun
34
Dec
25
Feb
15%
22%
Dec
45%
Not
29% July
81% May
9
99% Dee
9%
11% Jan
8
7 %
preferred
Mojud
Monarch
4
56
Aug 17
Monsanto
Aug 16
14
112
10
111% Jan
13"% Oct
13
47% Jun
13
May
69% Mar 29
Deo
17% May
10% Jan
8
6
Moore-McCormack
Not
27
Jan
16% Jun
29
Jan
7
Morrell
11%
Jan
21%
Deo
14
Jun
0
24% Oct
14
20%
Jan
16% Jun
6
25% Jan
7
19
Deo
29% May
23
May
15% Jun
14
15%
Deo
24
Jun
11% Jun
1
13%
Not
10%
Oct
*9 % Jun
13
10
Deo
14%
Oct
9% Sep
21
11
83%
Feb
45
107%
Jan
112
Jun
109
12%
Sep
17
Jan
10
34
Dec
43
Jun
Deo
60%
Jan
41
14% Mar
21%
Jtm
10% Jun
July
Motor
Products
Motor
Wheel
8
Mueller
7
7
29
112% Mar 17
19%
20%
4%
4%
4%
•29%
30%
29%
29%
29%
29%
STOCK
11%
11%
11%
EXCHANGE
22%
23%
CLOSED
52%
53%
11%
11%
*11%
*22%
23%
22%
23
6
52%
52%
52 %
52%
No par
*106%
108 %
*106
108%
*109
110
"109
110
com
—No par
Co
'"7
13%
13%
13%
13%
52%
52%
51%
52%
12
12 Ye
1
12
1 :<
4%
52%
9%
29%
5.000
10
6,100
4%
V
10,600
19%
20%
20,600
4%
7,300
*29%
293/4
400
11%
523/B
11 %
IP/4
22%
23%
900
52%
52"%
4,200
/
53
COLUMBUS
*106%
108
DAY
*109%
110%
133/4
13%
52
51%
52%
23%
*23
108%
%
Shares
f.;/- 4%
29%
11%
for
the Week
4%
.
43/4.
110 Ye
*107
110
5
No par
51%
*105%
110
800
108
500
110
13%
13%
13%
52%
51%
52
—
'
5,100
11,800
*17%
*17%
18%
*18
18%
ll3/4
17%
12
No par
18
17%
17%
21%
22
21%
22%
22
22%
22%
22%
22%
24%
14,900
No par
Co
Corp
22%
22%
22%
22%
22%
23
2274
23
22%
22%
1,700
19%
19%
19%
*18%
19%
14
13%
13%
*13%
133A
100
4,600
1
Corp
12%
18%
11%
12
12
12
3,100
I
*19%
19%
*19%
19%
193/4
Co
1
•14%
14%
*13%
133/4
*13%
Mfg Corp
Munsingwear Inc
1
*11%
11%
11%
11%
11%
11%
11%
113/8
11
*9%
10
*9%
10
*97/a
10
10
10
*93/4
500
:
11%
6
10
Brass
Murphy Co. (G C) common
4%% preferred
Murray Corp of America com
\% preferred
13% Jan
6
39
Oct
11
il
Jan
8
Myers (F E) & Bros
16% Jan
1
19%
4%
Mull ins
Jan
48% Sep
17
14
19%
4%
Lines
&
14% Jan
May 17
Jun
•:/
19%
54
10 ■/ :
9%
4% /, 4% •
20%
21%
9%
4%
4%
Inc
17% Jan
14
38% Feb
May
4%
,
52%
53
9%
9%
Sales
Oct. 14
$ per share
8
(John)
Motorola
19% Mar 80
30% Mar 22
60
13% Apr
23
4%
•
19%
Montgomery Ward & Co
10
4%
1.28
Utilities
20
9%
No par
Co
50%
507/b
507/s
974
4%
Friday
Oct. 13
t per share
1 per share
20
(4
Montana-Dakota
50%
4
Thursday
Wednesday
100
Machine Tool
Chemical
*9%
$ per share
I per share
SALE PRICES
Oct. 12
11
.
Monday, October 17, 1949
pfd_100
con
♦3.25 conv pfd series A
conv pfd series B
13
4
A
Carpet Mills
Hosiery Co Inc
24% May 16
Jan
series
50%
8
No par
com
Mohawk
4
103% Jun
Par
10
RR
Missouri Pacific RR 5%
13
101% Jun
'
,
$ per share
Oct
Oct. 10
v
HIGH
AND
Tuesday
Monday
Oct. 8
—
Mo-Kan-Texas
45% Jan
Oct
65
Corp
Jun
10
Saturday
Mission Development Co
21% Jan
Apr
10%
"47% Mar
20
May
112%
Dec
Jan
35
0
Jun
122
105% Mar
Jun
9
* Jan
44
8
Mission
85% Mar 30
3% Aug 16
13 %
14
13
73%
Feb
4
38% Jun
9% July
Feb
v.';1':',...
t per share
7% Jun
42*4
CHRONICLE
LOW
STOCK
YORK
EXCHANGE
Highest
t per share
t per share
I per share
FINANCIAL
STOCKS
Range for Preview
Lowest
&
7
Nash-Kelvlnator
1
47%
100
►109%
200
_
400
47%
109%
47%
47%
473/4
473/4
47%
109%
109%
109%
109%
*109%
109%
13%
13%
13%
13%
133%
13%
13%
*38
39
39
39
*38
39
*38
39
*48
50
*48
50
49
49
*48
48%
10
13
60
*38
39
No par
*48
50
48
48
48
13
1,600
109%
30
13%
*109%
11,300
100
-.1
100
N
Corp.
Sep
22
Jun
13
28
Jan
21
Nashville
Chatt & St
29
Jan
17% Jun
14
23% Apr
11
National
Acme
4%
Sep
Jan
3
9% Apr
4
8%
Feb
10% May
18% July
9% Jun
13
17% Mar
10% Jun
13
13% Apr
45
28
14
41 '.v Aug 28
National
Battery
36% Oct
National
BiEcult
9%
29
Not
Mar
5
July
28%
162%
Oct
176% Jun
5%
Not
9% May
82%
Feb
82%
Deo
«
48
Feb
9%
Oct
Deo
30% Jan
10% Mar
4% Jun
.
Jun
82
14%
Deo
Not
National
Automotive
National Aviation
1%
Corp
Can
National
National
Container
14 Ye Feb
25
Nat
17
Oct
10
85
Oct
96% May
86% May 13
05
Feb
10
29%
Jan
88
Jun
182
25% Apr
14
Oct
177
Jun
169% Jan
4
183
130
Not
147% Apr
135
4
149
Products
National
16%
33% Jan 21
7% Oct
13
19% Jan 21
1
Jan
x% Jun
13
May
19% Jan
21
24
Oct
73 % Jun
13
21% Feb
28
15% Feb
11
25% Aug 19
19% May 16
15
80
26% Jan
25% July
Not
80% Not
94
Lead
Linen
National
Natl
Natl
Power
Shares
National
21% Jan
4
9% Jun
13
12%
12%
9 % Jun
20
11% Sep
87
Feb
Jan
24
35% Oct
13
Apr 20
20
National
8
Not
90% Mar
38
Feb
12%
Deo
$ per share
19% j«n
Tea
Natomas
3
13% Mar 30
Nehi
10
14% Mar 17
Neisner
104
Jan
xl01% Jan
12
SB
May
29
Jan
Jan
8% Jan
3
84%
Oct
18% July
Feb
92
121
Feb
11% Mar
20
Mar
49%
Jan
200
Jan
6% Mar
Jun
July
144
July
23% Apr
Jun
01
10% Sep
Jun
14
59% Jan
8
25
13% Jan
10
Apr 30
72% Jan 27
14
14
Apr 12
33% Jan 12
9% Jun
13
13% Jan
85
7
86
Oct
13
N Y
117% Jun
13
140
10
Jun
20
20% Jun
8
21
96
jun
91% Jan
4
Feb
19%
Oct
15% Feb
25
Jun
14
48% Sep
81
Jan
8*
.Tun
86
20
Deo
26%
.Tun
16% May
25
Aug
14% Mar
8
Jan
82% Mar
17% July
30% Jan
ct>
Jan
243/8
24%
23%
233/4
17%
173/s
173/e
17%
82%
82%
82%
82%
*82
32%
32%
32%
32%
33
33
11
10%
10%
11
11
11%
11%
11%
11
11%
LOW
10%
*13%
*101%
*36%
67/e Jun
Oct
4
Nobllw-Sparxs
16
14
Jan
3
Noma
28
Mar 24
59% Jan
10
7
28% JaD
20
17%
Jun
15% Jan
3
13% May
8 Ve Jun
14
20% July 19
11% Jan
7
Mar
♦3.75
Norfolk
12%
12%
69'%
29
29%
29%
27%
10%
283%
27%
*27%
273%
No par
103%
10%
103%
10 5%
too
Adjustment
American
North
American
Northern
Central
36% Mar 17
Northern
Natural
18% Oct
Northern
Pacific
8% Feb
28
10
Not
83%
Jan
3%
Dec
10% Mar
Dec
84
Apr 29
107% Sep 19
17% Mar
27% Ma?
40% Apr
7% May
14% Jun
7
Jun
0
13% Jun
14
32
Jun
15
1% May 21
11% Mar 2
11
Sep 26
94% Aug 11
109% Mar 22
$4.80
36
Northwestern
Jan
4
4% Jan
11
7
4.6%
Gas
tNorwalk
&
Wednesday
Oct. 12
Sales
Friday
Thursday
for
the Week
Oct. 14
Oct. 13
80%
132
$ per share
*101%
103
37%
102'%
10%
STOCK
EXCHANGE
CLOSED
*36
COLUMBUS
12
12'%
DAY
68
68
*100%
v.
79
134
12%
23%
23%
*22%
*53
59
*53
*220
235
*220
10%
99
*57%
58%
1,400
11%
6,200
11%
12%
68
68
293%
29%
30 3/4
29 5/s
30
273%
27%
28%
28 Ye
28%
2,700
10 7/a
10%
11%
103%
10%
27,900
86
84
84%
3,600
83%
84%
11%
*68
150
68%
5,600
v
135 %
134%
12%
12%
12'%
1274
25
*23%
24%
233%
24
59
*55
59
*55
59
235
235
*220
235
134
12%
235
135
6%
6%
25%
263%
26%
98%
98%
173%
17%
51%
.
10
3,100
26%
3,200
98
18
'51%
300
26
98%
173%
1,700
;.•///,
98
1774
265%
x98 %
1,600
135
6%
1774
1,100
5,700
6%
674
18
7,200
10%
*97
59
58%
98%
98%
102%
10 %
253%
253%
*17%
*100%
200
37%
99
6%
6 3%
20
37%
102 %
10%
500
102
'
123%
63%
102
37%
*97
99
59%
58%
$ per share
150
<
51%
51%
51%
*92
93
*21%
22% 7
515%
*92
93
93
22
22
*22
93%
51%
*92
22'%
21%
*8%
8%
83%
8 3%
8%
8%
87%
*26%
27%
26%
26%
26'%
26%
49%
*27
27s%
51%
93%
93 %
22
21 %
21%
600
8'%
83/4
2,500
*273%
2774
700
51%
87%
2774
?
60
4,200
493%
49
49%
49%
50%
49%
27 5%
275%
♦27%
28
27 3/4
2774
400
17%
17%
17%
17'%
173%
17%
1774
19,700
10'%
*27
50
275%
49%
49%
27
50%
93%
10%
10 3%
101/4
103%
10'%
1074
16,000
173%
17%
10'/4
103%
*78%
79%
*78'%
79%
78 3%
78%
78'%
79
78%
78%
240
10
34%
34%
34%
35'%
34'%
35 %
34 7%
3574
17%
17%
18
17%
18'%
18
3574
18%
35 V*
17%
1774
18
4,600
33,300
1074
11,800
No par
Inc
103%
91
108 %
17%
1.
103%
10%
105%
91
91
♦1073/4
108%
.
103%
10%
10%'
10%
91
913%
91%
91 %
108'%
1073%
1C73%
108%
lo
*103%
10%
10 3%
11%
11
11%
H'%
*183%
18%
185%
19
19
19%
19
*333%
33%
34
3274
*2%
2%
2.88
*14'%
143%
34
;
34
23%
2 3%
*14%
14%
*2%
14
23%
14%
2%
14'
290
11'%
8.200
1874
19
2,700
*33%
.
91%
108'%
107%
34
34
No par
Co
540
90
108
11%
19'%
80
Rubber
Pharmacol
1074
1074
91
10874
28
common
Telegraph
Tire
SALE PRICES
88
Co
Co
preferred
Norwich
6,700
100
Ry
Ry
Airlines
113%
1
preferred
Northwest
11%
130
1-0
Northern States Pwr Co (Minn)—
Common
No par
83.60 preferred
No par
11% July 22
19% July 25
14% Oct
28
A-iation
85
Mar
28
com
Co
13
11
4
preferred
North
75% July 22
Jan 14
18
1 ;•
Co
11% Jun
Feb
8.§0
Corp
Western Ry
79%
*97
*125%
18
500
Corp—
28
&
10 Ye
10'%
27%
Industries
Chemical
Nopco
H OO
102%
283%
preferred
Electric
37'%
38
69'%
98%
3,300
10%
2,700
69
26
34%
10%
*101%
12%
18
82
33%
10%
11%
103%
12
253/4
81%
35%
10%
Shares
*68
*98
82%
33
700
14 Ye
58%
6 3%
6,500
10%
*57%
63%
173%
17%
$ per share
58%
235
17%
7
10%
No par
Co
2,000
18
*82
■
*13%
58%
132
24
f
14%
103
10
125%
24
24
103/4
99
100
24
"j
13%
*97
■1
85
10%
1
Common
31
Jun
101%
24
85
84%
14'%
*37%
10%
200
24
85
,
103%
14
102%
%
24%
'
103%
$ per share
10 3%
14
1<HJ
common
Elec & Gas
Oct
o
26
10%
*97
1,700
5,900
*13%
10%
14
*102
60
r
10%:,
99
State
Aug 26
21
jun
*101%
1
HIGH
Oct. 11
$ per share
37%
100
AND
Tuesday
Oct. 10
103%
is
*24
/'
82%
Monday
tper share
1
•
%
5,300
18
%
11%
& Light 3.90% pfd
100
Shipbldg Corp partlc stock
1
52
18
17%
Saturday
7%
*17%
7
7%
18
18
17%
N Y Power
22
7%
24
N Y
94
6,700
.
24
Haven & Hart RR Co.100
Preferred 5%
series A
100
4
10
7%
7%
24%
N Y New
3
146%
84%
*220
20
33%
180 %
*145
%
System
RR
32%
*179%
84%
BO
Harlem
32%
*23%
11%
10
146%
\s
*10%
11,700
180%
24%
lo
10Q
92
323/4
17%
84
200
;
16%
92
*145
7
7
9%:
16%
*179%
*%
Oct. 8
preferred
-
145%
33%
Xl45%
17%
84
59
6
13,700
180
33
180
181
149
,
92
*23%
STOCK
common
■//•-:
92
%
*53
Dock
non-cum
Y
200
17
*91
84
No par
47% Sep
100%
♦91
33%
181
*147
;
16%
17
24%
Louis Co com
36% Jun
Oct
323/4
33
181
149
,
Central
& St
27%
Nov
33
181
9%
9%
16%
*83
Pa com
Brake
Air
Feb
8%
93
common_Nopar
Elec
Dec
103%
*91%
93
$5
21% Jun
90
*92
100
10%
Aug
*8%
9%
*23%.
common
25%
78
20%
9%
Apr 23
62% Not
28% Jan
93
21%
*147
N
Feb
20%
*9%
17
25
21
21
2,200
16,200
21% / 21%
*9%
16%
*22%
33% Jan
15%
21%
21%
16%
No par
99% Sep 12
19% Apr
7
8,800
153/8
15"%
York
21
36'%
15%
New
9% Jan
1,300
35%
153/4
6
13
103/4
16
26% May
5 Ye Jun
14% Jun
89% July
4,600
10%
15%
9%
16%
10
J)
7%
No par
Fibre
(J
4
16%
213/8
80
&
7,100
7%
28
preferred—
York
Y
3,300
8%
6%
36-
132
N
32%
8%
7%
35%
12%
9
32%
83/4
7
■
35%
153/4
79%
Mar
32%
8%
V
35
*130%
250
2,000
35%
100
10
6%
35%
No par
Feb
6 Ye
35%
preferred series A
City Omnibus Corp
225
330
6%
11
N Y
Mar
1813/4
10%
8
59
181%
12%
40
11
21
14
182%
32%
181
12%
*39
11
Jan
Feb
36%
*.
H
14% Jan
48
Feb
55
*9
No par
Co
Inc
Co
Chic
6%
36%
6%
:■
36%
103/4
No pa;
York
New
0
363/4
8 3/4
7
13%
393/4
13
40
181
10,800
1,800
1474:
36%
32%
8%
7%
Newport News Ship & Dry Dock__l
Jun
56
Not
Dec
32%
8 3/8
173/4
YORK
Engmjr.a
New
14%
Deo
32%
8%
17%
Newport Industries
4%% preferred
23% Jun
86
13%
32%
7 / 7
Jersey Pr & Lt Co 4% pfd_100
Newmont Mining Corp
10
24% Jun
20%
23
>'
New
'
Jun
258
32%
7%
17%
'
27
*32%
12%
290
393/4
6%
6%
preferred
3%%
19
9% Feb
Jun
39
Sep
New
65
43%
6%
No par
Bros
Newberry
16
90%
Deo
102
Sep 29
99% July 29
94
42
Not
6%
6%
Corp
4%%
4
Mar 21
Aug
July
20% May
12%
38
8
04
31
103% Aug
Mar 28
93% Jan
99
Not
6%
Par
9 % Jan
Feb
6%
6%
t per share
12% Jun
70
183%
EXCHANGE
May
20%
182%
l
Corp
Co
NEW
10
12%
183%
100
Corp
Vulcanized
Natl
Lowest
$ per share
98%
36
.100
National Supply (The)
4'% %
preferred
Range Since Jan. 1
Highest
Highest
Feb
12%
39%
35%
353/4
25,800
182%
12%
39%
35%
*39
14%
15
15
273/a
12%
12%
40
STOCKS
Year 1948
Lowest
100
*39%
-10
Corp
National Sugar Ref Co
Range for Previous
*27% Mar
*12%
14%
*27
273/a
'
Steel
*80% Jun
Not
14%
Steel
Lt
&
National
Jan
9
14%
Cast-No par
ex-dlst
No par
Malleable &
7
80% May
12% Not
14%
1
common..
Service
4
15% May
..
14%
No par
Co
14
Dec
$ per share
14%
18.50
preferred A.
preferred B
Oct
Not
Jan
7%
6%
il Jan
10%
Not
National
91% Jan
21
9%
Enameling & Stamping
Gypsum Co com
$4.50 preferred
Sep 15
Aug 19
26
Not
14%
21%
Distillers
13
14
20
14%
Prod—No par
National
13
7% Jun
x117/b Jun
114%
1
*15%
17% Jun
Deo
Deo
2,800
5
Department stores
Jun
Not
73/4
3574
National
14%
A
7%
No par
Cylinder Gas Co
20%
19%
73/4
*10%
National
Deo
81% Mar
7%
1
11
14
13
7%
15%
*27
'
13% Feb
Jun
7%
8%
7%
11%
Dairy
14
73/4
;
National
Jun
7%
P*r
14
94%
700
7%
Co
Jan
Sep
Feb
21%
City Lines lnc_
National
15
15%
21%
14%
15%
8%
Cash Register—
National
12%
*
21%
14%
6%
36% Oct
5% Mar 10
21%
Corp
10
Feb
21%
14%
27
*182 %
27% Feb
7%
21%
common.
May
22% May
Deo
27%
21%
preferred
17% Aug 18
21% Oct
6
6%
27
*21%
35%
Co
Co
" Jun
Jan
27
213%
—f
Fibres Inn
5
12
9% Jun 13
21
17%
13
14%
263/4
National Airlines
8% Aug 19
9% Jan
8
13
Jun
4
13
35% Aug
6
5% Jun
5
13
Oct
185% Sep 15
7% Mar 29
13
30% Jun
Jan
14% Aug
24% Mar
3
170% Mar 15
9% May
13%
Jun
15
14%
14%
Louis.
Co.
26%
4
22%
D?c
*21%
7%
Kb
18
.100
1
20
34
*2%
2%
/:•••/
14
14
270
400
274
14
1,000
O
26%
Deo
Jun
92%
27% Jan
Jan
3
103
Jun
26%
99 % Jan
Feb
3
48
Jun
16%
Apr
18%
Jan
22%
Feb
23% May 31
17% Jan
8
92
Mar
6%
Dec
34%
30% July
*109% July
12% Apr
88
Dec
100
Jan
20
Jan
28
Jun
87%
27
144%
20
33
May 18
106% Sep 26
19% Mar
7
Oklahoma
Oliver
31% Jan
7
Jan
7
9
Oct
5
79% July 13
90% Jan
10
18% Aug 22
22% Jan
7
Jun
28
35% Oct
164
13
Jan
148
Oil
Gas
Jan
15% Not
15
23
Jan
11% Jun
1
Deo
80
16% Jan 24
Corp
Outboard
Feb
47%
Dee
64% July
49% Jan
7
70
Jan
28
Outlet
3
59% Sep
7
For
78% Jan
footnote?
sei
j*ee
24
Sep 30
6%
pfd
common
(The)
common
preferred
0
30%
30%
105%
105'%
30%
30'%
30%
18%
18
18
*38
24%
*94
A
8%
3C%
105
30%
*17%
30 7%
105
2074
18
3074
105
31
*1774
Mfg
r?o
31%
*173%
18
18
31,000
220
13,100
100
:
24 3%
245%
24%
24%
25
25%
24%
2474
*94'%
95%
x93%
94%
*94
95'%
94
2,200
94
8 %
8%
88 %
*88
*20
22
*21
8 5%
8%
85%
8%
874
8%
874
88%
♦88%
887%
8874
8874
8874
22%
*20%
22%
*20'%
22%
35'%
35'%
353/4
35%
166%
166%
*166%
3534
35%
35'%
167%
167%
167%
167'%
2.80
*13%
14
*13%
14
*133%
14
13%
75
*70
75
*70
75
75
75
58%
58 y8
58 74
*21
1374
*70
583%
58%
140
88 7%
35'%
58%
-
31%
95%
*88
■»«»■/•
31
105
24%
100
No par
Glass
105
3174
100
&
Co
3074
31%
105
No par
preferred
Owenw-Tlllnois
10o
303%
105%
30%
lo
common
Marine
80
No par
preferred
Collins
Elevator
80
170
Elec 4%
convertible
Oppenhelm
Otis
&
30%
*105%
|
No par
convertible
Omnibus
8%
common
Co
Corp
4%%
Co
preferred.
Ohio
99
13
4.40 7u
7
Jun 14
91% July 26
6% Feb 11
Jun
Edison
33% Jan
Not
Jan
Ohio
58 34
35
166%
57%
167
3,300
80
22%
357s
6,000
230
167
'
13'%
*73%
>
■"
58%
13'%
77
58'%"
400
10
3,600
Volume
170
COMMERCIAL
THE
4847
Number
Lowest
Highest
$ per share
$ per share
11%
Feb
lB%May
8%
Dec
IB
May
80%
Sep
73
ADr
Feb
NEW YORK
Range Since Jan. 1
Highest
Year 1948
$ per share
14
Jan ,7
Pacific
Amer
6
10% Jan 18
Pacific
Coast
Sep
1
71
Apr
4
43% May
29
Aug 16
40
Jan
17
15% Mar
21%
Jun
18
Feb
24
21
Apr
14
29% Nov
36%
Jan
30% Jan
3
34
Sep
13
55% July
44% July
104% Jun
Jun
6
54
Jan
6
27% Jun
14
Feb
7
1/64 Sep
20
47Y* Mar
Dec
89
Dec
130
Nov
3%
147*
Dec
39%
Nov
4
50
89
135
Mar
Dec
8*4 Nov
1
3*4 Jun
44
•99%
100*4
99*8
100*4
3*2
33
1/64
02
iuu
*144*2
144*8
♦144*2
144*a
1
10
3*3
3*2
3*8
40*4
40*4
40*4
41
3*8
3*8
3%
4
9
9
8*3
9*8
9*8
8*a
15*8
15%
15*3
16
16*2
17
17%
17%
18%
1,900
57*2
57%
57*2
57
57%
57%
58%
58%
62
100%
3,800
1,130
18,600
Rights
61a
preferred
May
95% Jun
23
97
Jan
105
18*4
Feb
8% Apr
Panhandle Prod 6c Refining
16
Jan
7
Jun
102% Feb
8
104% Jan
14
24% Feb
3
18% Sep
14
21% July
bT
37
Parafflne Cos Inc
7
18% Jun
30%
6*4 Mar
10
16%
47
4
9
24% Jan
3
30
2
x6
Jun
15
convertible
15*8
6%
100
*102*2
103*2
♦102*2
21%
21*8
21*8
3
Parker
Parmelee
144%
144*4
30%
42
3%
3%
3*a
8*8
100
100
6%
4
100
6%
6%
19%
103%
'102%
103%
22
22*4
21*8
22*4
21%
22
19
19
19
18*8
18*8
19
42
43
44
44
47
2*4
2*4
2*4
2%
29*8
29
29*4
29*8
29*a
2.50
26*2
26*2
26*2
26%
25*8
25*a
25%
No par
Transportation
Enterprises
5
7%
*7y»
9*8
Co
7
26,500
19
41%
2*2
29
Proof
1,200
103%
41%
2*2
29*2
Mines 6s
II,700
7y8
19*4
♦102%
♦102%
41,300
,
9
19%
19
19*4
1,800
5,900
3%
100
6%
7
19
110
3%
43%
3*4
42
4
3*8
•
9
'
144%
144
3%
44
43%
43
460
15,100
29
No par
703
100%
2*8
19
20
*40
2*8
1,200
53
30%
100
2*4
28%
Rust
Pstlno
*19
1
1
53
53*4
31%
100
♦40*4
1
Mines
8,900
144*a
3*3
22*4
32%
1/32
8*8
103*2
1
32%
1/64
-
3%
19*8
I,000
A
1/64
♦144*2
6*8
19*8
52%
31%
20*a
32%
32%
20%
99%
99
6%
110
20%
*20
100*4
99%
100
100
19*2
Parka Davis & Co
7
100
*99
34
52%
31*2
-
<
32
52%
/
41*4
6*8
When Issued
14% Jan 18
*57
•
3%
*19*4
preferred
Park Utah Consolidated
July 19
-
53
l
Park 6c TUford Inc
2% Feb 28
9% Aug 30
Jun
4%
14
26% Aug
7% Jan
23% Mar
Jun
May
=
♦57
—No par
com_
Paramount Pictures Inc
7
Oct
Aug
1% Jun
May
3% May
33% Jan
No par
Car
Panhandle East Pipe L com—No par
4% preferred
100
102% Jan 27
20
Motor
American Airways Corp—2%
Pan-American Petrol & Transp—5
26% May
9
—
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
13
14
14
Feb
31%
62
13
24% Nov
♦31*4
5
5% Jun
Deo
52%
31*4
49% Jan
15% Jun
23%
52*2
31*4
Oct
Jun
DAY
*52*2
14
May
32%
No par
18*2 Oct
28
32*2
150
No par
Lighting Corp.
Packard
11%
32*8
35
Pacific Telep 4? Teleg common—100
Pacific Mills
„
Pan
Feb
32 %
*34
32*4
B
Dec
COLUMBUS
370
59%
32%
o
6%
20*2
500
9
8*8
♦58*4
2S>
4% Jan
18%
20*4
12*4
12*4
9
59%
20*2
10V, Apr
100
34
19%
32*2
19*8
33
Shares
*19%
3
Oct
58
the Week
share
34
*58
CLOSED
58
12%
*8%
EXCHANGE
9
58
$ per
10
10
92
♦8*2
12*8
STOCK
12*4
♦12*8
:
8*2
8*2
Sales for
Friday;
Oct, 14
32*2
Pacific
Oct
Oct
12*4
12*3-
8*2
I per share
$ per share
share
,
33
13
66
12*2
8%
per
Oct. IS
•31*a
Jan
Feb
Mar
12%
$
Thursday
Oct. 12
No par
Jun
46
S per share
PRICES
Wednesday
58
8
11% May
21% Jun
2
5
10
_Nopai
SALE
Oct. 11
21
*55
12
13% Mar
34y4 Feb
Inc
common
Pacific Finance Corp oX Calll
Pacific Gas & Electric—
3% Sep 22
147*2 Sep 22
4% Jan
fl
13
Co
preferred non-cum.
2nd preferred non-cum
34*8 July 20
103% Sep
8
5
Jan
2% Jun
29*1 Jun
6% Apr
62*4 May
5% May
Fisheries
1st
HIGH
AND
Oct. 10
Sper share
(1509)
Tuesday
Monday
Oct. 8
Par
Jun
11% Mar 29
,
Saturday
$ per share
<
8
29%
CHRONICLX
LOW
STOCK
EXCHANGE
51
34*4
FINANCIAL
STOCKS
Range for Previous
Lowest
&
26 J/2
26*2
7*8
7*8
♦7*8
9*8
7*2
10
9*8
9%
7%
7%
10
10
10%
1,100
700
2%
11,700
29*
25%
6,900
600
7%
10
1,400
10
2,300
•
5% Aug 31
15% Sep
Dec
37
Jan
27% Jan
Feb
49%
Jun
42% Jan
3
9%
Dec
18%
Jan
7% Jun
14
15y4 Feb
21% Nov
27
34% May
17% Feb
23% Jun
Dec
4
10
8
31
38%
Jan
19% Jan
6
27
33 y4 Aug
23*8 Oct
11
28% Jan 21
35%
Dec
48
Apr
32
13
43
103
Feb
120
Apr
104
28
Dec
45%
Jan
29
Jan
3
36
86%
Feb
99
Oct
96% Feb
,9
Penn-Dlxie
Feb
14%
Feb
44%
Dec
40*4
Feb
48%
Dec
93
Deo
20*4
Deo
22
Nov
25%
Jan
Jan
Sep
91
.
103%
17%
1
May 18
7
Aug 18
111*2 Aug 24
May 16
Pet
9% Jun
14
13
20% May
17
Jan
3
64% July
40*4 Jun
6
59
July
36% Jun
7
63% Jan 21
65
May
*48% Mar 30
104% May
24% Jun
90% Mar 24
'
57
Oct
Oct
9*4
9%
300
5,100
600
23*8
23*8
23*8
23%
23%
233/B
28%
*26*8
28%
*26%
28%
•106*2
110*2
♦106*2
110*2
♦106%
110%
•107%
110%
•107%
110%
19%
19*8
19
19*4
19*4
19*4
19%
19%
19%
4,000
14*4
14*8
14*4
14%
14*4
14'%
14%
14%
143/8
14%
22,500
41*2
41
41
41*8
41%
41%
41%
41%
700
*41
107*2
116
•
9*8
8*4
•
9%
....,
27
.
;
9*8
•103%
116
10%
»
9%
C
9*4
29
12%
12%
12*8
12%
28*8
28%
27%
♦12%
12*2
29
10%
8%
104
2,300
27
700
<
9%
27
27%
500
116%
9*8
9%
;
190
35%
,
116%
10%
104
108
35%
* 116*3
10%
28% ...29*8
12*4
108
37
•26%
27*4
105
19%
110
*35%
116%
♦26%
.
106
•107
37*4
10*4
9*8
9*8
•104
106
116
116*4
•41
109
>35*8
9*2
27
2,7*4
*26%
♦107
116*4
i
10%
♦104
109
>36
36
36
*35*4
*
♦107*4
107*2
-
71,700
200
i
*102%
104%
20
♦12%
12%
12%
28
48%
48%
1,900
4,200
1,800
42*8
1
*47%
48*2
48%
48%
48%
49
48%
28
48*8
25
Phelps-Dodge Corp.
Philadelphia Co 6% preferred
50
86 preferred
No par
42*8
42%
42*8
42*8
42%
43%
43
44
Brewing Co
(Chas) 6c Co Inc
Pfizer
7
20*8 Jan
3
24
8ep
23 % Jun
8
26*4 May 16
115%
Jun
110*4 Apr
6
117
Sep 22
4.4%
103%
Jun
98
Jan
7
104
Aug
8
3.8%
111
Jun
105
Apr
8
110% Sep
1
4.3%
<
8
y v4
6,100
43%
19,100
'
Weiffer
10
103
.100
53*8
♦26*8
33 %c
preferred
Petroleum Corp of America
52%
23*2
No par
Milk Co common
4 %#
100
53%
28*2
5
Pepsi-Cola Co
28
100
33
23*8
*9
Sep 14
16%
33
♦26*8
116
Apr 11
6*8
*16%
28*2
loo
28
106*2 Sep
5
6%
;
23*8
100
12
3
Mar 11
Jan
9
6%
♦26*8
Peoria & Eastern Ry Co
ays Jan
21
.!
9
■
6%
6%
*23
7
Co
Peoples Drug Stores Inc
Peoples Gas Light 6c Coke
Sep 13
11% Jan 19
102
Jun
10
Pennsylvania RR
50
Pennsylvania Salt Mfg Co com—10
3%% conv series A pfd
100
Sep 13
31*8 Aug
3
51% Jan 19
•
Cement
Corp
com—No par
6% preferred
loo
Penn Power & Light Co
No par
"
9%
104
'Mar 28
Coke
<fe
Penn Gbus Sand Corp
120
Jun
Mar
Coal
7% May 31
Jan
9*4
5
3
17% Jan
Jan
•8*2
6
20
May
53%
9*4
111
30%
53%
8%
13
24%
53*8
Penn
16
104
53%
3
29
Oct
53*4
10% Feb
Jun
Dec
~~33
53%
16*8 Jun
Nov
17
33
53%
14% Jun
7%
17
33*4
No par
20% July
22% May
98%
17
33*4
Penney (J C) Co
Oct
22
6*3
♦16%
33*8
54*2 Sep 16
Dec
20% May
6*8
16*8
33*8
33
Dec
9% Nov
♦6*2
♦16*4
33
ley.
106
6*2
17*2
'
No par
16%
Jan
6*8
*16*2
Penlck & Ford
109%
112
5
25
Peabody Coal Co common
5%
conv prior preferred
Phlla
May 17
Electric
Co
No par
.56
103
No par
com
103
25*4
57
55%
102*4
56*4
56*4
103
56*8
;
<
102*4
\
28%
56%
23*8
23%
23%
25*4
•25*4
25%
23%
25*4
113%
102%
23%
25*4
25*8
2f*s
25*8
56%
102*4
L102
23*8
23%
.23*4
♦25*a
No par
common
$1 conv preference
56
♦102
;
;
100
♦114
115%
113%
113%
113%
♦101
102
♦101
102
•101
102
101%
101%
*101
100
♦107
109
♦J07
109
•106%
109
•106%
109
56%
114
550
23*8
•
10,400
25*»
•106%
113*8
560
103
♦113
100
preferred
preferred
preferred
,
600
114%
130
v
102
-
100
>:
188%
■*
Range for Previous
Lowest
!
Range Since Jan. 1
Lowest
Highest
Highest
tper share
S per share
Sper share
ftov
NEW YORK
EXCHANGE
Monday
S per
t per share
Par
$ per share
14
Jan
21%
liy8 Jun 28
19*a Jan
7
Phlla 6c Reading Coal 6c Iron—
_1
Jan
45% July
22% Jun
28
40% Jan
7
Fhllco
„3
*31
81
Sep
91
80% July 11
88% Feb
8
*81
50*8 Oct
11
39%
Dec
87
Jan
97%
Jun
93% Jan
82%
Nov
88%
Oct
88
Jan
6
11
Dec
13%
Sep
10% Feb
10
87% Jan
54%
Jan
92% Aug
77% Jun
14% May
10
Deo
SO
Dee
98%
Apr
103%
Jun
■
v
113
110
10%
Sep
15% Jun
Dec
94
Sep 21
12% May Mi
Feb .41:
51*8 Jun
14
64
Apr 19: (V
8
11
Marffe.f
*
Jun
13
100% Jan
5
100% Jun 22
32% Aug 26105% Apr
4
100% Jun 22
14% Mar-14
11
Jan
3
79
Jun
15
85
Feb
36% July
24% Jun
13
32
Jan
23%
10*8 Jun
7
80*4 Dec
93
26
Mar
12%
;
102% Aug 24
90
26
Jan
3
87% Aug 18
7% Sep
34% Jan
4
Feb
July
Jun
138
Dec
155
Apr
157
Feb
169
July
30
Deo
142
Jan
28
156% Jun 28
2
-
16% Jan
15
15*8
14*8
15*4
14%
31%
31%
30%
31%
81%
81%
82%
82*4
♦81%
5
Jun
28% Jun
13
35*8 Oct
4
10
Jan
6% Jun
13
8% Jan
7
Feb
20
Jun
7% Jun
14
15% Jan
7
Jan
10%
140
170
Dec
73%
Oct
Feb
96
70%
Dec
15
Feb
Jan
161
July
48% July
26% Deo
9% May
33
29%
Feb
11%
Dec
12%
Jan
5*8
Nov
Feb
81
11% May!
Dec
25
Deo
/ 28% May
94
Jan
32% Nor
z25%
Feb
101% Feb
x25
Feb
17% Dee
.
88
May 18
Jan
24
8
71% Jan 27
21% Jan 24
Aug 12
147
Feb
I
Apr
4
29
11*4 Sep
8
50*4 Apr 18
Pitta ton Co (The)
Potomac
8% Jan
24
Pressed Steel Car Co Inc com
21
24
Oct
11
14% Jun
84*2 Sep
Feb
9
4%%
37
Apr 30
Pullman
42
May
24% Jun 14
33
Oct
Pure
108% Sep
IS
107
Jan
6
Sep 16
.28% Aug
8
13
♦130
74%
.
*
*16%
♦137
*13%
14
13%
14%
*14
14*8
700
*153%
158
/
158
♦153%
158
*163
164
•163%
164
'
7%
7*4
35%
35%
9%
♦130
7%
73/a
7
9*8
♦130
:
164
140
158
164
,
70
35%
35*8
7*4
7%
7%
7%
3,800
4,000
9*8
1,300
10
•130
.
,
145
-
73
73%
73%
74
74*4
74%
60%
60%
60%
60%
61
61%
;
17%
17%
17%
•17
17%
:
•137
140
♦137
♦137
140
25*4
253/4
74 V*
•61
26
290
61%
270
17*4
17%
*137
300
140
v
24
25%
5,200
25%
25%
11%
*10*8
11%
*10*8
11%
11%
11%
•11%
12%
300
46*8
45%
46%
45%
46
46%
46%
*
45%
46*8
4,000
•40%
41%
A
25%
4
25
>/
*41
42
40%
41%
41
41
11%
11%
11%
41%
u%
413/a
♦11%
11%
11%
11%
11%
11*8
1,500
15*8
15
15*8
15%
15%
15 y8
15%.;
15*8
15%
8,100
;*i5
Y
:
6%
6%
63/a
76
v.
'
6%
•23%
24%
73%
75%
.
9,600
200
8,800
■
16%
16%
85%
84%
•84%
30
44*8
44%
44%
4,800
25*a
24*«
24%
24*8
24%
243/4
10,800
28*4
28%
28%
28%
28%
28%
6,200
34
34*4
34
34%
34
34*8
31*8
32*a
32%
33
32%
32%
13,200
16,700
108
16*8
16*8
16*8
84%
84%
45*8
x44%
24%
24%
24*8
28%
28%
28%
33%
33*8
34*4
31%
32*8
31%
32*8
17
16%
85*4
45%
33*4
No par
75
44%
16%
♦84%
45%
28%
No par
6%
-24
73%
♦84%
16*8
85'A
45%
24*8
*.
6%
24
y
600
45
16*8
♦84%
0
,
145
74%
140
,
9%
•130
46*8
25
24
No par
♦153%
;v
2,000
35*8
9%
9%
145
72
common
-
*16%
<
61%
17%
140
9*8
145
>.
24
6c Oas com
84
♦83%
35%
35%
6*8
Inc
''^
"
35%
71%
(The)
'
*10*8
81.40 div preference com—No par
OH
3,200
24%
3
30% Feb 25
105
12%
6%
Pub Serv El
300
104%
*95
12%
12%
200
•
293/4
71*8
25
♦103
105
9
31*8
84
♦23%
com
104%
.
12%
6%
No par
Colorado—20
•103%
*7%
♦31%
v
17,200
29
71%
84.75 cum preferred
8%
31*8
-
84 .:
23*8
Public Berrien Co of
8%
100
-
60%
'
No par
Publlcker Industries Inc
90%
60 Va
30%
12%
6*8
45% Sep 30
V
12
31*8
•95
84
71%
90% Mar 17
20%
25% Jun
10
' ' .:
••
96%
*89
>"
90%
61%
30%
12%
*83%
14%
162%,
'•
.
:
....'
.
*94
*10*8
200
•
30%
12*4
84
30%
162%
.
105
*23%
22
13
9*8
145
r
1
..."
14,200
99%
11
60%
DAY *
100
49%
99%
96%
11
104%
1
3
i
7%
9*8
*95
105
preferred series A—50
14
Jan
Jan
conv
30
53
Jan
7%
No par
Electrle Power Co
Procter & Gamble
Apr
39% July
24% Jun
30% Ifaj
38
35%
♦103
104%
30%
♦152
163%
35%
•89
5,000
5,400
>
83
49
100
•94
8%
313/4
14*8
158
163%
1
Poor 6c Co class B
Jan
12*8
CLOSED
'
14
76
♦7%
50%
49%
*99%
COLUMBUS
60%
3i%
>.
30
;
14%
♦153
1
15% Oct
28
;
♦83%
30%
♦14*8
8
12% Mar 30
Mar 22
12%
84
30.
..5
12*8 Apr 21
4% Jun 13
57% Feb 26
•
12*8
♦83%
1
Pond Creek Pocahontas
13
60%
60%
31*8
*95
STOCK
11%
104%
♦103
A »
EXCHANGE
90%
♦95
Plough Inc
Plymouth Oil Co
44% Sep
♦U
♦88
♦103
•73%
11
12
25
105
'■
"
96%'
♦94
v
V
100
-91
No par
*60%
14
96%
f
■
50%
49%
100
8%
preferred class A
24
3
60
100
5%
8% Feb
Mar
60
6%% 1st ser conv prior pfd—100
Pittsburgh & West Virginia
100
Pittsburgh Young 6c Ash pfd
100
36% Feb
8*8 Jun 14
*10%
♦89
*
49*8
31*8
preferred—No par
Xl9% Jun
32
Jun
16% May
14% July
35% May
71% Jan
Mar
20
136
46
.
62% Feb
18
<
175
15
.
14*2 Jun
70% May
22% Nov
32%
59% Sep
12% July'
Jan
Apr
7
65*4 Jun 21
82% May
26% Oct
145
135
12
91
:
101
8%
Pittsburgh Forglngs Co
1
Pitts Ft Wayne 6c Chic Ry com—100
7%
gtd preferred
100
Pittsburgh Plate Glass Co
10
Pittsburgh Screw 6c Bolt
No par
Pittsburgh Steel Co com
No par
7% preferred class B
100
28
♦94%
96%
♦89
Pitts Coke 6c Chem Co com—No par
convertible
49*4
*100
83
*31%
Pitta C C & St Louis RR
85
♦81%
100
PUlsbury Mills Ino common
84 preferred
Shares
14%
31%
♦10%
♦7%
the Week
31
50
59*8
Sales tor
Friday
Oct. 14
$ per share
15%
101
♦94%
Oct. 13
31%
8%
7
Jan
49*8
*100
I
Thursday
t per share
15
♦31
Pitts Consolidation Coal Co
153*8 Oct
170
i
7
39%
7% Nov
3%%
share
Oct. 12
$ per shai
30%
15%
15%
$ per share
:
83
37*8 Jan
preferred series A.
100
Philip Morris 6c Co Ltd common—5
4% preferred
AOO
3.60% preferred
100
Phillips Jones Corp com
No par
•% preferred
100
Phillips Petroleum
No par
Phoenix Hosiery
•
Corp common
PRICES
r
;
*32
25% Mar
Oct. 11
Oct. 8
"
Wednesday
Tuesday
Oct. 10
Saturday
STOCK
28
July
HIGH SALE
LOW AND
STOCKS
Year 1948
3,200
100
•107%
108
107%
107%
•107*8
•107%
108%
100
No par
27%
27%
23
28
23*4
28*4
28%
28%
28%
27%
1,300
Quaker State OU Refining Corp—18
*18%
19'%
19
19*4
19*4
19
19
19
80% Jen U
14% Jan
com—No par
83.60 1st preferred
No par
Radlo-Kelth-Orpheum Corp
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
.—No par
Rayonier Inc common
1
82 preferred
25
Reading Co common
50
4% non-cum 1st preferred
50
4% non-cum 2nd preferred—
50
109
July 11
July
25% Jun 17
29% May
18% Key
15% Jon 19
Jun
9% Jun 28
9
5% conv preferred
Purity Bakeries Carp
103
•107%
♦19
'
r
500
19
R
7% Feb
83%
Feb
6*a
Oct
IB
75% May
11% May
89
NOV
98%
25%
Dee
34% Jun
22%
Feb
31
Jan
16% Feb
36% Feb
31
Feb
Jun
X30
July
35
May
27% July
66% Jun
14
X7
15
92%
Jun
Jan
4
23% Jun
14
7
74% Jan 22
9% Apr
100% Sep
29
Jan
4
7
19
21% Jun 14
30% Feb
4
26 % Jun
17
14
34% Feb
23% Jan
3
17% Jun
7
45
Apr
36
Jun
13
43
Jan
3
89
Jun.
28 y4 Jun
29
36
Jan
7
For footnotes see page
U.
Radio Corp of America
12*8
12*2
12*4
12*8
♦72%
73*2
73%
73%
7*a
7*4
7*8
7%
99*8
•26 y«
25
99*8
•99*8
27
•26*8
25
*30*a
30%
•19%
20
100
12%
12*4
12%
12*8
73*4
73%
72
7*8
7%
7*8
73*4
7*4
98%
98%
29,400
12*4
73%
7%
12*8
*73
•98
;
99%
7%
♦98
700
-
18,300
40
99%
26%
26*8
26*8
26%
27
27%
25
24%
25
25
25
24%
25
30*8
31
30*8
31
30%
30*8
19%
19*8
19*8
900
27*4
25
xl9%
•36
37*2
•36
37%
•30*2
31%
*30%
31%
*36
31%
37%
31%.
•30%
31
19*8
20
*19
19%
37%
•36
37*4
•36
31
31
30%
30%
2,400
800
600
.
.
—-
300
*2
COMMERCIAL
THE
(1510)
22
FINANCIAL
&
CHRONICLE
Monday, October 17, 1949
■
YORK
NEW
STOCKS
Range for Previous
t per
tper share
share
14
17%
Dec
28% May
18% Jan
4
8%
Dec
13% May
6% Jun
14
Dec
66
52
Feb
Jan
5% Nor
22% Feb
Jan
82%
Feb
8
4% Dec
8% Jan
3% Apr
9% Oct
10
Jun
13
27% Jan
7
13
Jan
31
10% Jun
15
16% Jan
12
1
99% Jan
5
91
104% Jan
5% Deo
33% Dec
Aug
110
11% May
41% Jan
*
Jan
3
23
*11%
11%
*11%.
13%
18%
15%
15%
15%
15%
15%
16%
16%
13%
16%
*18%
16
*6%
No par
5
100
50c
25
Motors Inc
8%-
8%
10%
DAY
9%
21
v
9%
6%
6%
3%
3%
3%
10
9%
9%
9
9%
9 "
9%
9%
10%
6,200
500
20%
21%
21%
102%
102 %
*102%
13'/4
13%
104%
*102%
21%
*102%
104%
13%
95
13%
-
-
5%
5
95%
19%
,
*93
5%
5%
.
20
20
13%
94%
13%
95
5%
.
Sep 22
4% Jun
14
7% Oct
3
39'/a Oct
13
convertible preferred
100
Reynolds Spring Co
Reynolds (R J) Tob class B
8
34% Jan
5%%
1
10
10
*48%
50
*48%
*94
94%
*94
—
Sep 19
Common
Aug 13
Preferred
3.60%
series.
100
103% Dec
102% Jan
4
107
Mar 25
Preferred
4.50%
series—
IOC
u
13% Jun 13
19% Jan
13
Rheem
24% Jan
41% Sep
13
Richfield
No par
Jun
15% Jun 21
21
Jan
12
Ritter ComDanv
No par
39%
*15%
5% Jan
10% Jan
25% Jan
3
Roan
7
Robertshaw-Fulton
Antelope Copper Mines..
Controls com.. 1
3
50% Oct
14
4%% conv preferred
Rohm & Haas Co common
7%
39%
39%
7%
39
50
*48%
94%
105%
105%,
Jun
3
7%
39 %
*105
24% May
101
*99
101
7%
*99
1 7%
39%
98
7% Jun 13
Jun
21
36
;
28
Jun
15
j
""i
17,
Dec
10% Dec
107% Sep
89% Feb
32% Feb
67 ' ; Jan
6$V
101*
8% Feb
Jan
Feb
:
79?'Feb
8%^ Feb
.
•
25% Mar
r
88-
Nov
13% May '
91% Mhy'
15% Aug
'
*93
50
5%
17,400
20%
9,100
'
*94
18
18
*17%
39%
39%
16%
*15%
161/4
15%
15%
*4%
' 8%
4%
8%
*4%
8%
4%
9%
*4%
*23%
25
48%
17%
40
*
'
93% Apr
*48%
*93%
94%
105%
105%
18%
*17%
40%
39%
40
15,200
*15%
16
100
16.'
*15%
12*"
Dec
Oct
13% Feb
15% Jun 7
»
Apr- '
28% July
44
62 %
-
Feb
87
Jun
12% Jan
87
16% Jan
36% Feb
* Mat
8%
6ct
:
103
Oct
14
'91
5% Dec
9% Dec
33% Jun
12% July
8% May
14% Jun
94'
Feb
104
Jan 20
Sep 13
7
14% Oct 10
6% Jan
7
11% Jan 7
4% Jun 14 f
6% Jun 3 77
Jun
*
13
101% Feb
9%
9%
9%-1-
38
86
12%
13
29
29%
60%
29%
29%
*60
.61
*94%
■
60"%
*95
96 ;
37%
*87
13% '
88
*87
*13%
*88
102
16%
:
*53%
54%
18%
*52%
*9
54%
18%
53
•
9%
No par
1
42%
'42%
—5
14%
14%
1
*4%
4%
Servel Inc common
9%
i
1
1
.
No par
'
9 Vn
91
*89
;
.
•
102
1,300
•
60
90
»
7%
21,300
77/a
70
87
*84%
12%
12%
13
10,600f
102
*85
3,800
*9
*87
♦88
54%
55
18%
53%
18%
13%
53»,4
54'%
*9%
9ya
■if
9%
42%.
:/ 42%
•
K
14%
14%
*4%
434
4%
9%
9%
9%
.
91%
*90
ry
*90
>
r
92
1*900
55 '/4
4,109
9%
*9
42%
42%
16,900
*14%
14%
2,600
43i
4%
4%
200
9%
9%
9%
6,000
14%
*4%
9V2
900
55%
55
9%
i,700
7,000
18%
18%
42%
v'
93/8
*90%
43,
'
-rt
14%
v
70
17
*55
18%
42%
143't
f
553/a
*9
:
42 7a
14
:f
90
■
16%
56
18 3/4
;
42%
14
*88
17%
547/s
'
(
,
10
87%
13%
^
60
*
104
14
90
X
16%
17%
108
*87
1,100
V,-
*102%
55%
16%
10,900
61%
97
x97
*106 ".
103
13%
ii
>
90
■<
87%
V
103
13%
•88
.
109
<■r
102
16%
61 rf-'.
'
93
37%
13%
X
*97
29
28%:
29%
62
60 Va
-
-it
*107
54%
s
V'a
108
102
;;
13%
90
.*;■
53
18%
•
'
16%
16%
.
Seeger Refrigerator Co4.-—.Seiberjing Rubber Co
...
.
102
60%
96 %
108
*87%
•
90 ?'*
preferred
37
*
102
90
29%
29%
60 */4
96%
x;
108
*107
108''
*107
*88%
$4.50
102
127/a
280
2,600
9%
37
38%
11,400
43%
9%
;
7% ■■■! 8%
*84%
87
8
29%
.
96J%
*13%
5
38%
400
10,700
,
112%
43%
J
l.iop
"
28%
28%
112
9%-
*85
'
—■
Co
12 ;;
—
1,800
18%
54
11%
44
9%
*99.
v-
86
13
V/o
.
18%'
54
29%
:£
90
86*'•
12%
3.35%-preferred'
.100
Seaboard Air Line com v t c__No par
5% preferred series A
100
Seaboard Finance Co
1
Seabodrd Oil Co-of Del
No par
Seagrave Corp
...—_5
&
101
>
8%
*101%
Roebuck
101
*85
*85
13
-.
12%
43%
'"
"
116%
18%
112'/a
"
1,900
50 y4
50
16%
28%
r
t
38%
38
v
90
100
Sears
>,
44 «>.;'>
101;..
Scrdnton Elec Co (The) common—5
42% "Oct 11
13
29%
,
8
86
200
55
10%
112%
43Vst
*86
8%'
100
8,000
*99 — 109
112V8
28%
*112%
44 v"
28%
38
♦99
18%
*54 *'
112%
43%
'
/
13?
1.75
Nopar
pfd—..—100
Mfg Co 3.65%
4.30%
preferred
13
56
Oct 13
19% Sep 19
55% Oct 13
10% Sep 14
preferred.!.
.
4%
<9%
'
10%
9%:.
38
*85'
No par
Scovill
18% Jan
9% Jun 14 %
Jan
$4
'
a
.90
8
18%
541/2
9%
'98%
98%
*86
No par
$3.40 preferred
14
♦38'.
131/4
54%
9%
'
600
25%
9%
50
..
.
T
:
Schenley Industries Inc
Scott Paper Co commons,
108
Oct 11
91% Mar 8
Oct
*44%
91
18%
54%
112
112%
44%
9Ve
50
1,130
18%
*24%'
*99 ; 100 '
16%, 17
,
,
17
9%
28%
..
.
112%
5
V/:-;.'
y
28
1001
16%
17%
50
*4%
4%
9%
25%
*24%
50. /'
48%
*99
100
4%
9%";
'
18%
*53%
i
9%
>28
25
,
17%
18%
*9
9
Savage Arms Corp
30% Jan 12
62% Sep 13
5% Jan 27
43% Nov
Deo
54%
:•
x97
7
9%
5
3
V
*
4
59% May
6
May
13% Oct
3
20% Jun
*53%
Ruppert (Jacob)
122
Jan 25
'91
Jan 19
^
9% Jan
7
Jan
6
13%Jpn28
47 V2 Jun 10
15% Feb
_l
No par
Royal Typewriter—
Ruberoid Co (The)
42% Jan 26
~
83
35% Feb
81% Feb
3
8
*99
>•«
4%
6,600
50
'
39%
9%
23
24
43%
48%
17
St L-San F Ry Co com v t c—No par
Preferred series A 5% v t c—100
8t Louis Southwestern Ry Co;—100
5% >noa-cum' preferred—
100
St Regla Paper Cd comnfon.
-5
1st pfd 4.40& series-'A—...100
94% Jun 30
79-*
100
17
*18%
Safeway Stores common.—...
8
5% preferred
100
St Joseph Lead Co
1—
—10
22% Jun 14
46% Jan
6 '*
xl03% July 13
78
Jun 29
*99%
12% Jan 25
9
Jun 17
*47%
preferred series A—
'29% Oct 13
113% Feb 16
v 48% Jan 3
-
6y4Jun
1
77
July 8 V
9% Jun 14 '
90 »
20
24
;
9'%
i,80(y
39%
,
94%
1
105%
18
39%
39%
10
■7%
7%'
105%
*48%
94%
105%
105%
1051/4
18%
39%
*18 "
1
100
4%
12% Mar 12
.;
v
87% iJov
Jun
78
Jun
35% May
51v May
95^
Jfttt '
89% Mar
i!•
18% Feb
55% Jan
i
25
7% Jun 13
31
Jun 13
87
Jun 13
May
May
■■
Jim 13
18% Jan
3
109% Apr 27
35% May 11
<
July-
t-1
-
300
'
99%
39%
25
Manufacturing Co.
Oil Corp
Ronsop Art Metal Wks Inc..i...—1
3
10
100
8% Sep 28
Jun
ffutF
j
,
39% Apr
21% Jan "
113
61%
10%
48%
139%
8
16
'727% May;
72
May
18%
Jaw
Mar
8%:Deo
Oct
17% Oct
96% Apr 2110% Jun 13- ;
54*
8,200
5%
*
x3% Jun 23
7% Mar
121 July
29% July
Feb
100
13%
94
'
98
*50
19%
104%
20%
7%
39%
20,900
21%
*99%
99%
39%
1,700
9
13%
21%
7%
6,300
*93
5%
20%
*99%
5%
20%
99
6,100
3%
*102%
14%
7%
5%
19%
6%
21
93%
93%
99
19%
■
8%
104%
"
13%
,
95
V';
,
9%
6
21%
20%
4,100
9%
3
9%
21%
10
56
81%
6%
3%
21
300
1,300
10 Va
9%
9%
6%
9%
300
7%
81%
83
9%
3
{
200 ;
1.200
5,300
8%
::v *54
55%
*81%
6%
7
.6% JFeb
;
21
■"
8%
10% ' 10%
;
COLUMBUS
3%
42% Mar
Sep
10%
81%
9%
85% Jan
4%
10
81%
6%
Jun
28 "
*54
54
10%
81%
3%
Jan
Dec
54
54%
10%
<
8%
CLOSED
6 %.
94*
17%
Shares
11%
18%
16%
*6%
7%
21%
8%
EXCHANGE
8%
3%
50
^49
*53
*6%
*20%
STOCK
7%
21
6
9
1
Oct
Dec
3%
3j/2
1
Dee
17
7%
20%
3%
*81%
10%
82
7%
21%
3
boc
89
15% Jan
,
54%.
*53
*81%
43
108% Dec
*6%
*20%
7%
21%,
*20
Republic Steel Corp com
No par
6% conv prior pfd Berles A—100
Revere Copper & Brass com—No par
5%% preferred
•
100
Rexali Drug Inc_
.2.50
Reynolds Metals Co com—.—No par
26
103% Feb
11%
18%
Republic Aviation Corp
Republic Pictures common
61 convertible preferred
5% Apr 18
4% Aug 2
18% Jun 28
29% Apr
Mar
92
Reo
6
3
4
17
May
19 V* Nov
5
91% Jun
1U% July
21% May
102
Oct
Deo
15-
Conv pfd 3%% series
Remington-Rand common
14.50 preferred
3
2% Jan
5% Jan
11%
18V2
10
Stores Corp
Reliance Mfg Co common
83% Feb
12% Jan
6% May 31
33% Oct
108
54% F$b
10% Oct
3
17
11%
18%
for
the Week
$ per share
-
«,li%
gl.25 dlr prior preference
Reliable
4% Jun
13% May
5% May
11% May
2Vk Dec
Aug
Jun
$ per share
t:
11%
18%
Inc
22% Sep 13
9% Jan 24
8% Apr 26
73
Aug
29%
Dec
6%
99*
Dec
10%
50
Aug
15% May
B% Dec
78%
Jan
$ per share
*11%
*18%
com
Sales
Oct. 14
(Robt) & Co—
Beta
8% Jan 27
4% Jun 29
14%
share
Oct. W
5
Reed Roller Bit Co
Dec
8
per
Friday
Thursday
Oct. 1*4
$ per share
50o
Real
23% Jan 25
16% Oct 13
Bros
$
share
PRICES
Wednesday
Oct. 11
No par
Silk Hosiery Mills
13% Apr 10
Reeves
S per
SALE
Tuesday
Oct. 10
Oct. 8
share
3
14
11% Jan
May
18
share
LOW AND HIGH
Monday
Saturday
Par
Jun
18
11% Dec
$ per
10% Jan
15 ft May
Dec
10
$ per
RECORD
*
EXCHANGE
Lowest
Highest
YORK STOCK
NEW
Range Since Jan* 1
Highest
Year 1948
Lowest
STOCK
A
92
t-
„
92
*90
•'
Range for Previous
'
$
perbhare
24% Nov
36% Jun
24% Jun
30
46%
21% Aug 4
22% Jan A 4
Feb
17% Feb
6r
27% Jun
;
Feb
79
9 " Dec
12'
Oct
f
Deo
77
',15% Jan
Mar
14
28%" Feb
Feb
11% Apr
46% Jun
30
Jun
Shamrock
7
13
May 18
10% Oct
6
,
14% Feb
10
40% Oct
8
13
Dec
7% Jan
3% Dec
25
7% May
Dec
34
15"
86
44
13
Feb
7
7
12
39% Jun
5% Mar
89
Feb
52
Jun
v
Jun
14
22% Aug
3
98
Apr
July
26
Jun
10% Jun
Jun
14% Jun 14
23
104% Jun
5
33%
33%
34%
33%
33%
«io
10
10
1
*13%
*14%
14%
14%
ilShell Union Oil Corp
Sheraton Corp of America
15
38%
38%
38%
38%
1
6%
Oct
,
3%
3%
3%
2,600
26%
i 26%
3,500
29
24%
23%
24%
24%
X23%
24%
24
DAY
20%
20%
20%
20%
29%
29%
29%
29
29%
2Wz
29%
20%
29% / 29%
24%
23%
24
23%
23%
23%
23%
22%
13%
Socony Vacuum Oil Co Inc
29%
South
13
5%'
116V4
115y8
114
118
20%
*20 5
'
*87
—50
50
16% Jan
11
44
Aug
26% Feb 26' ;
39% Jan
42%
Jan
36% Jan
7
45
30% July
29% Jan
5
337/b Sep
11% Oct
Dec
25%
Mar
Oct
7
14 % Apr 26
10y4 Sep 30
20% Feb
43"%
Feb
83% Feb
58% Feb
65% Dec
12% Dec
4
Feb
80% July
62% July
50% Jun
70
July
73
Jan
20% May
7% Jun
28% Jan ^3
lo
Aug 16
34
13
6
Southern CO (The)
May
49% Jan
3
Southern Natural Gas CO—
7
Southern
Jan
7
Southern
45% Jun 1?
61
Jan
26
Railway common—No par
5%' non-cum preferred—^
100
56% Oct
5
66% Feb
9
Moblle & Ohio stock tr ctfs—.100
10% Jun 20
13% Jan
7
Spalding (AG) & Bros Inc
6% Jan
7
5% Oct
13
Sparks-Withlngton Co
Spear & Co common
$5.5o preferred
Spencer :Kelloggv& Sops..:
13
25% Jun 14
3% May 23
3% July 19
',
4
Dec
Aug
73
Jan
68
Jan
22
Dec
29% Jan
21
Feb
20%
Feb
80% Jun
22% Jun 13
29% Mar 30
7%
Dec
14
6% Jun 13
10% Mar,31
61% Mar
15% Feb
21% Aug
95
Nov
8% May
104
Jan
—5
41
32% Jun
63
May
74
May
23% May
29% Jan.
Southeastern Greyhound Lines
5
South Porto Rico Sugar 6om_No par
8% preferred.,
L
25
Southern California Edison—
25
64
Jan
24
7£
5
73
May
26
Oct
7
11
13% Jun 28
71% Apr 28
16% Oct 13
23% Feb
33% Oct
13
106% Sep
26
100
5
Apr 13-
Pacific
V
88'
87%
*97 %
99;
13%
98%
98%
*97%
98%
13%
13%
*13
1314
13
87%
16%
16%
16%
16%
16%
101%
101%
102%
102%
4%
4%
4%
4%
4%
4%
4%
9% *.
9%
9%
9%
9%
8%
9 %
8%
9
52%
*52%
54
101
17
53%
*52
54
65%
*65%
66
*52
65%
4
53
52%
■
64%
65%
4
22% Oct 13
Standard Brands
89% May 12
40% Oct
5
$3,50 preferred
—.—No
Standard G & E Co $4 pref—No
$6 prior preferred——
No
$7 prior, preferred—
NO
Standard Oil of California—No
1
Feb
97% Feb
64% Jan
121
Jun
13
3
98% Jan
3
135% Oct
4 *
150 % Oct
Oct
109
73
Jun
55
88%
Feb
53
Jun
69%
Feb
92% Jun
For footnotes
.
see
page
Jan
6
6
Jun 13;
36% Jun 14 '
70
43% Oct
5
Standard
60% Jun 13 -
74% Jan
7
Standard Oil of New
24
Sep 13
Oil
of
Indian&i—
Jersey.
par
par
.25
25
2,800
11%
35%
41%
41%
33%
33%
33%
33%
33%
33%
33%
33%
1
11
11%
11
11%
11
33%
11%
11
11%
11
34
33%
33%
33% "
34
33%
34
33%
43%
44
43%
44
44%
45%
44"
44%
32%
32%
32%
33%
33 i
33%
32%
33%
9,000
*52
32%
52 Vs
43%
32%
45%
•
51%
52
52
52
1,900
<*58
58 %
58
•
58%
*58%
11%
11%
11%
4%
4%
5%
5%
33%
*11%
*4%
*
4%
25% -25%
26%' 26%
8%
9
*69%
71
15%
15%
31%
32
105
105
21%
*88
par
par
12
35%
11%
35%
Inc com—No par
par
11%
35 V
11%
41 %
5%
17% Apr. 23
18% Jan;
••
35%
71 %
82
■
11%
5
91% Jun
t
41%
*68
27% May
109% Oct
100
800
61%
j
35%
1
17% Nov
5,400
24,100
11%
35%
'41%'
No par
29% Jun
11%
2,300
.
35%
41%
; •
No par
19%'Deo
79% Oct
88
*11
33,000
V
*
61%
65
80
;:700
102%
4%
••
16%
101%
16%
:
1678
101%
4%
65%
1
Sperry Corp (The)
Spiegel Inc common
:.
2
Conv $4.50 preferred
No par
Squar- D Co
5
Squibb (E R) & Sons common
1
$4; preferred;
-———No par
50
*87 Va
13%
*51%
No par
1
1—1
2,500
2,800
88 i
88 '
98%
13%
"
7.50
Co.j—
'
2314
..
36
-700
/
*20 '
98%
*87%
,
111%
%
9V2
Carolina E & G Co com_4.50
52% Oct
111
101%
16%
*101%
4
111
4%'
15
Solvay Americah Corp 4% pfd—100
South Amer Gold & Platinum
1
14
preferred
5%% conv preferred—
33,000
1,200.
24
114 /
20%
88
11% Nov
86%' Mar
100
29
-
110%
99
7
3,500
29 %
*29
*13
65% Oct
14,500
6%
»-
26%
29%
24%,
6%
3%
*28%
26%
200
39%
x39%
65/a
26 Va
COLUMBUS
25%
29%
26
1,600
1414
*20
16
3
40%5
6%
1,000
10%
■
110
4% Apr
9% Oct
53% Mar
39%
CLOSED ;
25%
24
_xo
102% Oct
1
3%
3%
3%
9%
20
Corp
7
Mar
EXCHANGE
6%
80
14%
14%
*28%
*86%
7
39%
X80 '
10
13 7/b
257s
*98 %
17% Jan
38%
X6%
*
29%
4.20% preferred
!
100
Smith & Corona Typewriters_No par
8
STOCK
25 7 8
*24
O)
14%
*28%
Smith (A) & Sons Carpet Co com—20
3%% preferred
100
(A
3%
9%
'
*13%
7
80%
•
.15
3
40
3%
10
*79
80 %
10
4,400
7,000
1
*
No pa*
3% Jan
7% Jan 13
67/a
7
31% Jan 24
17% Jan
»
3%
-
10%
8014
81
*80
81
Smith
88% Feb
3
100% Mar 25
7
5
97% July
8% Oct
45% Aug
*79%
29% Sep 26
J
83% May 21
95 % Jan f 3
May
60
32%
Sloss-Sheffield Steel & Iron
27% Dec
'
33
7
19
Nov
32%
2114 Jan
16% Jun '20
-
32%
Sinclair Oil Corp
Skelly Oil Co
'
25% Oct
3% Nov
32%
7
35% Jun
96
24%
No par
11,800
28%
23%
13
4
>4% Feb
27%
25
24% Sep
127% Jan
..
~
90 '
27%
24%
No par
Feb
Dec
27%
24%
No par
Dec
80"
27%
24%
Simonds Saw & Steel
231
91'
Sep
15% Dec
27 %
24%
Silver King Coalition Mines
Simmons CO
:
14
Shares
Sper share
27%
24%
Sheaffer (W A) Pen Co„
,
S per share
$ per share
for
the Week
Oct, 14
-
27%
*27
$3.50 conv pref series A—NO par
Shattuck (Frank G)_.
Nopal
|
$ per share
/ S per share
Oct. 13
Oct. VI
Sales
Friday
Thursday
Wednesday
24%
7
Jun
share
:
27%
7
97
Oct. 11
24%
27% Jan
>81
,
t per
I
36% Jan
18% Jun 14
Jun
Tuesday
Oct. 10
No par
31
22 \ May
32% Jun
160
Oct
4% Jan
\
2% Jun " 6
Jan
92% Feb
Jan '3
par
v
Gas
28% Sep 20
May
Dec
1
5 *
,
.
&
Steel Corp.
;
Sharp & Dohme common
83
10
Oil
Monday
Oct. 8
Sharon
*
4%
'
5
377/s Jan
34% Oct
;.,
Saturday
*
EXCHANGE
31% May
13
8% Jun 13
Oct
NEW YORK STOCK
;
$ per share
$ per share
LOW AND HIGH SALE PRICES
'
Range Since Jan. 1
Lowest
Highest
Highest'
t per share
STOCKS
.
Year 1948
Lowest
21%
88l/2
38%
39%
*134
135
*149
149%
' 68%
68%
"
*68
71%
53
59
11%
11%
12
12%
4%
4%
1 5%
5%
*68
'
71%
26%
26%' 26%
8%
9%
>104%
87s
26
9
4%
'
4%
5%
57/s
*63
71%
4%
5,700
1,000
25%
5,600
13,700
71
71%
16%
16%
167/s
16%
16%
32%
32%
33%
32%
104%
>104'/8
104%
*104%
22%
71
70%
22
70%
22%
21%
21%
*87%
88%
38%
♦133
39%
135%
133-
333-
149
148 V
148%
86%
38 Va
87 Vi
39%
70
4,800
3,700
104%
21%.
*87 '
900
26%
8%
*
8%
104%
'
90
2,500
71%
26%
9%
18,400
5%
4%
*5%
27-
8%
3,200
-
12%
25
88 Vs
38% : 38%
133
133
147% 147%
68"
68%
21%
59
32%
*70
16%
88 "
33%
;
*68
26%
5,300
73,000
11%
■:
12%
25
300
33%
*58%
25
1,100
42
*40
16%
69%
105 %
'
59 i
26%
32%
-
52%
25%
15%
35%
42
52 %
25%
69%
-
59
52%
25%
*32
11%
35 ?
*40
•
37%~
100
21%
12,100
88
170
38%
17,000
*132"%
133%
200
147%
147%
800
68%
69
69:
69%
68%
68%
43
43%
43
43%
43
43%
4314
43%
43
43%
9,700
10,800
70%
71%
71
71%
71%
72%
72%
72%
71%
72%
20,400
149
,
Volume
170
Number 4847
THE
COMMERCIAL
NEW
Range for Previous
.V
Year 1948
Lowest
233/4 Nov
Range Since Jan. 1
Highest
/
$ per share
>,.y
$ per share
Ct
35
<
Jun
20
Jun
Oct
97%
Jun
96 ft
May
liy4
Feb
15%
Oct
12
Jun
38
Feb
36ft
43 ft
lift Mar
40
41ft May
15 ft May
Nov
May
x27
18 ft Oct
7
Jun
14
Standard
,
15
•32 y? Mar
39ft
Jun
88
Feb
97
Jun
Jan
6
23 ft
Dec
36ft May
24 ft Jan
3
12 Va
Feb
16% May
9ft Jun
17
14ft Jan
Dec
18
15
Dec
20
113/4
Jan
18 ft
July
29ft
94
Jun
9 '/a
41ft Aug
Jan
15 ft Jan
27
14
100
6ft
Nov
91ft
-
Dec
113ft
25%
26%
100 ft
100ft
17 ft
173/4
17%
4 3 ft
44 ft
433/4
4Jj/4
*431/2
**-*'72,
BTOCK
*30%
31%
*303/4
31ft
*31
31'/a
EXCHANGE
113/s
113/8
4%
Bros
Sterling Drug lnc
Stewart-Warner
Stokley-Van
Feb
17 ft
18%
13
Studebaker
13
40 3ft Oct
13
Sunbeam
8% Oct
7
8
96
Sep
12
10
65
Oct
13
July
117
Jan
9
Jun
14
Dec
15
July
Dec
26ft
16
Jun
Dec
140
Jun
43
Mar
July
36 ft Feb
11% Mar
235
8
13
21ft Sep
573ft Oct
14
Jun
127
Jun
168
Corp
lnc
11
Sunshine
16
Sunshine Mining
A
25
25
lnc
10c
Jan
11
Superior
Jun
14% Jan
12
Superior Steel
Jun
30% Jun
17
37 ft Oct
5
Jan
7ft Feb
25
103ft Oct
14
Sweets Co of America (The)—4.16%
Nov
Sutherland
California
36%
Jan
27% Jun
14
32 ft Jan
25
Swift
&
Dec
22
Jan
8 ft Jun
14
12
21
Swift
International
17 ft
Feb
26
Dec
91
9ft Mar
v
33/4
15 ft
Nov
24ft
Jan
7
89
Mar
2
5ft Jan
9% Jun
14
48% Jun
13
62 ft Oct
Nov
May
lift Jun
71ft July
Oct
56
25
13
Talcott lnc
22
Telautograph
11
Tennessee
13
Texas
14
17% Jan
14
Jun
683% Oct
16% Jun 14
25
11
Oct
Texas
Texas
Feb
45 3ft
48 ft
Dec
'33ft Feb'
May
10 3ft
Dec
653/4 May
203/a May
14 3/4
Dec
24
5ft
7
36
48
13 ft July 12
Jun
8
May
Jun
13
Dec
14ft
Jan
25 ft
..'4% Mar
Dec
46ft
Jan
25 ft Apr
Apr
15 ft
May
12% Jun
23
43/8 Jun
5ft
Dec
10 3ft May
343ft
Dec
47ft
6ft
7%
7 ft Oct
5
;v;;i4;:;
Oct
6% Jan
19
2
41 ft Oct
Mar
13ft
Apr
1% Jun
20
24
Jun
14% Jun
7
20
73ft July 27
9
10ft
'
393/4
Jan
Feb
59 ft
May
34 ft Jun
95ft
Jun
84ft Apr
14
4ft
Jan
19% Mar
31ft
Nov
2ft May 23
23 ft May 19
19 ft
32ft
Jun
19% Jun
"
953/2
Feb
Jan
104%
Mar
23% May
Dec
Mar
1 Third
Thomas
9
47
Oct
Sep
29
Oct
8
43/a
37
Oct
25 ft Jan
X105 3ft Sep
37 ft
Sep
19
lb%
81
80
*4%
4%
lift
4%
10%
5ft"'
16ft
11/,
*5 1/8
61ft
60%
9%
10%
3,200
303/b
30 ft
2,900
•
>.'7
9%
93/8
9-%
3,700
19
18 3/a
18%
4,100
791%
79
79
5
47/s
;
i": Hft
Si/a
V;'
5
161/2
5
61%
61%
4 3/4
ii'%
"■
;
630
4%
*11
2,500
11'%
5'%
5 '/a
*163%
163%
62 ft
613/4
900
51%
16 ft
■■
•
1,100
600
,
i
;
t*
16%
623%
16%
16%
16%
17,800
16%
17%
17'%
66 ft
17i%
66%
14,000
66%
C7%.
67
68 3%
68'%
24'A
24 ft
24
68%
24
4,900
25
24 ft
25
243%
24%
11,100
,
45
44 ft
45 ft
44%
44%:
4434
45 ft
441/4
443%
4,500
1
45
45 ft
45 ft
50c
10
10%
par
>15
15%
6%
—No par
>-
l
I
*44
ft,
46
9%
*15
7
31ft
10%
•
46
10
15
-••'•
7
-
:
9%
•
15%
^
7
*44
>-
6%
31ft
>30%
«13%
14 ft
53/a
5%
5ft
5%
50
*39 ft
*3'/4
3ft
*163/4
5%
17ft
40%
39 ft
39 ft
*3ft
x38ft
3ft
*16%
17%
■
*7%
No par
45
100
41/4
—No par
453/4
401/2
i;
89 ft
69 ft
t
4%
4%
36%
>""•4%
43/8
37
24
24
*105
com
-<
36
—No par
143/4
23%
105%
105 ft
105%
14ft
105ft
37%
37
14%
14%
•
37%
37%
24
>
37 ft
46 ft
;
i
105
373/4
v;
37%
400
' •':
3,000
;
>:
53%
,
17'%
7%
3%
24%
24
1
373% :•■>•
Ve
105
,
5,700
,
400
'
9,000
270
*
>3,700
,;
3,400
f,
-
14%.,
373%
v
120
,
m
36 ft
14.1%
-
-
1,800
.,
K
24%
105
143%
4
•
200
400
47
01
*35%
"
i700
.
7%
47
'
■>
50
-
33%
*90
4%,
200
2,800
,
39i%
3ft
8'4
100
V
•;
•
>.
*16%
105'%
% 14%
t
*38
>
ft
36
24'%
'
14%'
5'%
47
3%
C: 36
24 ft
3
16%
,
.
14 ft
91
*90
7-4
/
105ft
37%
.38
*7%
•
4ft
*36
23%
k
14%
.———5
Bearing
7%
891/a
8
>
v.
31
.
3,000
153%
73%
30i%'
*13%
5ft
3ft
16%
45ft
*89
8
~
:
10
—No par
—
/
451/2
89 ft
•'
38
V
33/4
16%
7%
45%
89ft
No par*
com
7%
14 ft
5'/4
.
IV*
31 ft
V.
'
9%
*15
7ft
3114
>. •"
45ft:
9%
15%
*13%
'
38 ft
*3ft
163/4
"
*44
v.
10
7
31ft
14ft
-
46
9%
15%
7ft'
*30 3/4
*14
Corp.Nopar
(The)
1
com
*44
.
'
31ft
5ft
15
I
-V
15
(
14ft
*14
Transit
Roller
400
9%
16%
1
No
preferred.
Timken
5,700
36
66%
100
Timken-Detroit Axle—
r:
16ft
1
*35
18%
i
;
11%'
5%
16 »/4
61
2,400
10 ft
79
■;
43/4
5ft
61%
11,100
.
166
9%
30%
9ft
18 Va
11%
r
11
lU-78
•
*163
241/4
preferred
Co
J.X
167
1,700
2,300
66%
common
Steel
55 ft
9%
93/4
16%
■
16%
.
600
55'/4
30 ft
•
801/4
4%
10,700
.16%
No par
preference
$3.75
8
4%
16ft
€1 ft
preferred
Avenue
$3.50
43 ft Mar 30
20
18%
80 Va
*5%
Tide Water Associated OH
10
Jan
18 ft
81ft
*.
21
55 '•> May
19
Co
4%
preferred
Thompson-Starrett Co
8
14
9%
18%
113/a
17
57
363%
*80%
10
203/a
35%
93/4
«;
11 %
201/4
303/4
30 ft
65
203%
363/4
37
9%
1
Thompson (J R)_,
Thompson Products
13
91
.
*36
3-.400
100
9%
30%
*11
preference.
conv
8
1023/4 May
3
13ft Jun 13
July
17
40
$2.50
6
Jan
37
1,600
8%
*16%
9ft
93/4
common
Co
165
?
-1,000
11%
9'A
.
72,900
-
17
J-U-/8
I
5,000
96 ft
64 ft
9%
•9%
1
ctfs
conv
,•
•'
'
*119% '120%
119%
X55'/4
9,700
2,200
;4o%
*
8%
*95
65
►
12%
ft
40
8%
203%
>■
12
95
*16%
1
;W !..
103/4
165 '
165
9 3/a
30 3/a
\
Fair
Thermoid
5
7ft Jan
15
Feb
l3/4 Mar
>85
$2.4o
.
; 10%
;
164
9%
9%
Producing Co
Sulphur
lnc
573/4
!
-
9%
2
conv:
57'A
,
,
4
113/a
203/a
12 ft
«ft
95'
641/4
119%
lift
*
17
19%
301/4
Thatcher Glass Mfg Co common—5
The
6
17
$1.25
7.
13
32 ft Aug
21
Dec
Oct
Textron
7
11%
17
10
Corp
Pacific Ry
&
;
j
No par
com
Corp
share
•
•
120
v
Pacific Land Trust—
Sub
*119%
4
30 ft
Pacific Coal & Oil-
Texas
3
lift Jan
Apr
19
>•'
35
Jan
Jan
153ft Jan 22
19
12%
Apr 25
46
16
'
j
.
64
*9%
(James)
Gulf
;
8ft,
30 ft
'
Corp
Texas Gulf
7
13
;
403/a
9%
25
Co__
Texas
29
Gould
5 'ft Sep
IX
96 ft
63%
-
10%:.
164
9ft
*36
.
Ltd
preferred
lift Oct
6
<
$4
403/4
11 %
10%
163
123%
40ft
40 3/a
*9 ft
;
17 ft Aug
14
2 3ft Jun
Co-
Symington
10%
;
12%
25
8%
56
9ft
10
Sylvania Elec Prod lnc
7
133ft Jun
25 ft
Feb
19
5
9
3% Jun <14
113ft May
5% Jun
Nov
47
17ft Aug
76 ft Sep
19% May
67
Jun
Dec
14% Mar
52
.Jun
Aug
73/s May
43/4 Mar
56
333%
24%
*95
20
55%
32 »/8
■253/s
17
19%
32%
!
••800
243ft
No par
Dec
V 79
162
25
50
;
Paper Co
83/4
"5
17
1!
ft
12%
u
.
Corp
28 ft
Feb
ll'/a
17
10%
19ft
-
120 V*
lift
55 ft
Co
y4
631/4-
120
;
'100
200
8%
20 ft
17
*19%
12.50
44ft
16%
8ft
x
11 ft
1
A
B
121
8,200
99%
32
.
*120 ft
100
11%
36
*97'/2
.'7,900
i
96 ft
631/4
11%
35%
99 ft
17ft
40 ft
64%
113/a
363/a
183/4
40
Dec
of
11%
99
25 ft
*63 ft
200
18%
24 ft
40
"
•
■
18%
24%
8%
-
ft
24%
401/4
31
- -
18
24%
*95
31
■*
*17 »/4
24 ft
8ft
31
«
36
'
18%
96 ft
200
13%
18 ft
8 3/a
443/4
17ft
183/4
Dec
Oil
31
^
45
12%
18%
*95
1
443/4
'
17 ft
123/4
*17%
1
I
14,300
13%,
171/aV
12%
17 ft
13%
15
*43%
DAY
12%
.
!
300
17%
26%
12%
*17ft
No par
:No par
8,300
1003/4
17 ft
*100
18%
'
COLUMBUS
31%
123/4
•
26%
Shares
12%
17 ft
183/4
31
83ft Aug 30
12 ft
12%
common
series
Biscuits
12 ft
i
CLOSED
991/2.
18%
pfd
preferred
?ift
12%
*
26 ft
for
the Week
S per share
100%
173/4
Sales
Oct. 14
n rn
*97 ft
*17 ft
No par
Sunray Oil Corp common
4ft %
preferred series
4 ft %
•
32,:
12 ft
noo
.
lift
36ft
lift
36
"•or
26 ft
•
'
.
18%
.20
common
Class A 4ft %
lift
36ft
99 ft
f)' 'A
*97ft
v-
'
100ft.
No par
—1
Corp
99 ft
313/4
>
1
common.
lift
36
36 ft
■,
*97 ft
—5
„i___
Chemical
36
.100
-15
$4.50 series A preferred
"•
13
12 ft Sep
7% Mar 25
—5
!
Corp
Corp
Sun Oil Co
121ft Sep 28
lift Sep 13
173ft Jan 13
17
15% May
21ft Jun
9
Sun
6
Jan
120
M% Mar
;f'
25% Oct
6ft Feb
common
Camp
1
—1
5 % prior preference
Stone & Webster—
10
52 ft Feb
No par
lnc
*
4
90
Stores
6
-50
26%
26
Friday
Oct. 13
r
$ per share
IOO1/4
Oct
Jan
Thursday
Oct. 13
$ per share
17%
16 ft Feb
Nov
$ per share
PRICES
Wednesday
*■
26 ft
19
98 ft May
5 per share
SALE
v
100 ft
12 ft Feb '25
70%
Jan
9ft
lift
-
50 ft Mar
Oct. II
17%
28 ft Jun
16 ft Mar
HIGH
Tuesday
Oct. 10
25%
3ft % preferredStevens (J P) & Co Inc.
13ft Aug
2
17ft July 29
4
Ohio
of
AND
Monday
Oct. 8
100 ft
Sterchl
2
Jan
333ft Oct
3
9ft Jan ' 3
Jan
Saturday
convertible preferred
Starrett Co (The) L S__
7
35% Jan
RECORD
common— -10
j
,
38ft Jan
7
13
Jan 18
July 12
Oil
(1511)
/ 33/4 % preferred series A
:
.100
Standard Steel Spring common. —1
'!■
11
443/4 Oct 14
CHRONICLE
LOW
STOCK
Par
100% Aug 31
9
14
Jun
10
26% Oct
13
89
YORK
$ per share
share
per
STOCK
EXCHANGE
,
t
YORK
FINANCIAL
STOCKS
NEW
Highest
Lowest
,
&
37 5%
.
.
4
Range for Previous
Lowest
10
'
13ft
Nov
233ft
5ft
Feb
96
19
-
173ft July
31% Dec
;j
92
?
Jan
4%
ft Aug
' 100%
Jun
5% Deo
•9%
Dec
39
Dec
27%
Feb
Oct
91
,,
-
'108ft Oct
11
6
983/a Sep
26
4% Jan
3
?
.
Nov
24
Jun
4% Jun
20
30 ft Oct
13
6% Jan
7
14
10% Mar 17
17
46
8
19ft Jun
17
333/4 Jun
13
.Jun
107
94
Jan
Jan
Jan
86 ft Jan
6
75Va
i33/8
f*
$6
13
7
Twin
Coach
Udylite Corp (The)—
Underwood Corp •
31% Jan
7
Jan
7
Union Bag & Paper Corp
Union Carbide & Ckrbon
Asbestos
Jan
94
13
Aug
^Preferred
5
13
32% Sep
14
Union
89 ft Jan
21
Union
16
513/4 Feb
15
Jan
41%
31
Mar 28
363ft Jan
5
22%
Dec
30% May
103'/4
Nov
Jun
104ft Jun
14
19j/4
Apr
10 ft Jun
13
90 ft Mar
61% Jan
3
231/4
Oct
Feb
38 ft
Dec
29
Feb
2%
41
36
Nov
27
43/a Jun
July
55
Jan
-
26% Mar 30
109ft Oct
11
143/8 Mar 29
79
28
293/4 Jun
29% Jan
5% July
Dec
Oil
of
United
16
13
3
Oct
>
5%
United
Lines
Air
28 ft Oct
106
13
Sep
6
38% Jan
18
35 ft Oct
11
2ftJun
13
3ft Apr
6
13
47 ft Sep
$4.30
United
United
United-Carr
23
Unite
7
United
82 ft
Apr
45
Jun
163/4
Feb
281/2
Jun
14 ft
Aug
2
37 ft
Jan
463%
Jun
34% Jun
22
48
Feb
58 ft May
x44ftJun
183/4
Dec
23
lift
Dec
21ft May
Jun
-
166 ft
Nov
179
8
'
Dec
76
191/4
Dec
4ft
Dec
17%
Dec
36
lift
Sep
21 %
Jan
Jun
Jun
7%
(The)
Electric
82%
82 ft
50'/a
50 ft
•
28%
v
-
32 ft
32
*92
8ft
!
23,600
4,300
/ :
107ft
"
81/4
107ft
108
.
' 13 ft
600
32,800
500
*
11%
lift
223/8
y
lift
•
v
113/8
21%
..
22
3,200
8,000
-
'
"
35%
35%
*99ft
100%
100
^100
8%
8
8
29%
29%
*29
30
5ft
5ft
'
DAY
;•:■
.i
•
9%
93^
.*353/4
36
5%
7
*
*•
9ft
390
42 ft
43 ft
11%
12 >
26%
4,700
9ft
43%
121%
26 ft
26 ft
7t: 26%
;■ 40%
110 ft
"953/4
1,500
5%
11%
*92
•
26%
40 ft
111
1,000
3,500
2,900
7,900
j
40% i 40 ft
110ft
15,800
*110
95%
•
*92
100
100
-
r
43
>
110
23%
!
81%
-'•
*89
'83
29%
160
953/4
89%
T 29
7
893/4
893/4
29 ft
28%
82
ft
82%
81 ft
82
50%
50 ft
4934
50 ft
31%
32%
32 ft
32 ft
23
23%
22 ft
1,590
2914
E
t
-
23%
50% > 50%
v
>
108%
90
283/4
/
23%
108%
89
32 ft
23 ft
111
■;>
•14 >
13%
>13%
•
31ft "31%
>;
23%
23 ft
109 ft
-i4ft ;•
109
ft:
13%
141/s
77%
77
26ft
28
ft
*108
109%
7 i 13%
*108
14%
12,300 •<
1,600
1,500
Z
1,500
\
4
.
j
6,800
109 s/8
13%
"
*34ft
3%
4%
4ft
43/4
7ft
'
.-
7'/4
'
*54 ft
57
15%
*54
15%
55i/2>
54
54
.
tf'
49%
16
40 ft
175
Jan
10
6% Jun
6
.
4
" Jan
5
U
27
26 ft Oct
£
1
1
1
*24
*23
U S & Foreign Securities—-No par
U
-10ft Sep 28
w
1st preferred
Freight Co
Gypsum Co common
7% preferred.
$4.50
No par
•
•
50
25
-
26%
*97
.
25
50
/
50 ft
•
:
'
'24%
*24
^'
27
<
26 ft
*97
99
■"
*14"*
14%
25
12 ft
99
14
/
99
100 ft
101
100
100%
*185%
188
185 ft
185ft
10
9ft
9 ft
49'/a
49 ft
.100
Hoffman
MacHlnery com— —5
.100
preferred
—1
*9%
*49.
,
49 ft
26
,
12
26
Industrial Chemicals
No par
*25%
U
Leather
Co
common
No par
4ft
4%
class A
No par
—1
-*191/4
19%
*19'/*
U
S
Lines
conv
Co
common
-
16
73/4
Dec
9% May
19
8% Apr
18
_10
*8%
Feb
531/4 July
38
Jun
13
49 ft Jan
28
U S
Pipe & Foundry Co..
_20
451/2
49
Jan
58
52 ft Jan
12
643/8 Oct
6
U S
Playing Card
.10
*63%
4
ft %
preferred
15
100
•
V
*
*40%
•
55 ft
50%
501/4
161/4
42
800
rS
..
20
4,000
500
503/4
10,700
18
17 ft
173/4
32,500
243a
243/8
3,800
11,900
ft
12 3/4
25%
12 Va
12%
24%
25
25 ft
241/4
24
27 ft
f
27%
26%
27'A
*991%
100 ft
'
—
16
8%.
45 ft
'•
15
15
65
:
"
99 ft
15
1,200
ft.
100ft
15
200
9,100
;
4%
>
20
700
9ft
700
48 3/4
180
253/4
4%
25%
25%
1,200
4%
41/2
4%
1,600
-19 'A
19ft
19%
19'/*
1,200
15%
4,800
25 ft
15%
'45%
643/4
60
9ft
157/a
*63ft
185
7,000
483'4
15%
.
185
1001/4
9%.
*8'/a
8%
453/4" 453/4
"
98%
49 ft
ft:
19%
16
t4'/2
25%
•■
101
185
9%
*49
-19ft
-
8%
45'%'
*63
*184
9%
25%
■
.993/4
49ft
.4%
19%
15%
453ft
184'/2
9%
*48ft
*8 »/8
,
1003/4
184ft
.7
-4ft
Partic &
,
'
U S
21
100
14ft
ft'".
*14%
-20
S
60
117,900
24%
12
'?
27 ft
16 ft
16%
42
25%
*24%
25 ft
26 ft
-
5ft Jan 14
43/4
7
17%
25
*24
26%
No par
ft %
*54
4%
23,600
"7
24%
■•
12%
25
25ft
S
S
53 ft
50'/8
50 3/a
49%
■>
/
S
4
7
4lft
.12%
interest
4%
;
100
3y4
46 y#
73/a
•
:
36 ft
3%
4%
7 16
42
*40%
12 ft
of
1
7
53 ft
?'
15%
153/4
15%
40 ft
39% >40
12%
Certificates
110
46%
>,
3,700
9,500
6,100
'
-
12%
1
Mfrs lnc__
*34
47 ft
17%
&
36 ft
3ft
J4
243/4
U
24
35 ft
<7ft
173/s
8
16 ft Aug
351/4.
4ft
24 ft
20
3
363/4
273/4
106
'
17 ft >
Jan
7ft Jan
8%
7%
•
73/4
*7
24'A
"17%
II3/4 Jan
8ft
'
'i
l73/».
100
Jan
*105ft
83/4
H *46%
24ft
104 ft Jan
.
28 ft
27 ft
a
300
106 ft
7
300
16,700
8%
/:
'
14
82
*79
*105 ft
ft
3ft
47 ft
17ft '
13
21
-
243/8
28
13
•'•
3%
17%
12% Jun
15ft Jun
4 %; '•
35
35 ft
*46%
v
79
7 ' 35 ft
36
*24 »/4
x89ft Jun
Jan
35ft
47 ft
>
> 7 28 ft
>
10
13
May 17
13
*46 ft
V
79
ft
8
35%
,
7%
No par
27% Qct
28
35ft
-:
7>33%
<
47 ft
4% *
105 ft. 105
'
Co
11
May 25
3
>
8ft'
Improvement Co—13 ft
183/4 Feb
3% Jun
v;
*46%
26ft
105ft
*34
:35ft
3
'
'
-
•/ 3434
34 ft
*34
"8
•
Corp
Fruit
>
17% Apr
8 3/8
34 ft
26
•
*105
105'/2
'
ft:
United
14
Oct
'
•<
United Gas
24 ft Oct
57
79
United Gas
20
187
■>••
8
Jun
7
•
;
26%
*8
5
United Paramount Theatres wi
Mar
*253/4'
5
United Mercb
94
*76
79
*105
100
Fdhndry
13
Jan
28%
901/2
20 •
ft'
par
1
Coal Cos—
United Engineering &
15
Jan
page
90 "2
*82
82%
*50 ft T 51
•.'*76 ■
1
25 ft Oct
8%
see
;
95%
'
Corp—No par
com—30c
100
13% Sep
423/4
footnotes
*92 >
8ft
40 ft
39%
>109%
13 ft
"•'/ 22%
; .
43
26 ft
.
>
110
91 >
39 ft
For
26 ft
40 ft
;
CLOSED
' 11%
lift
15%
13%
107%
9ft
43
i
95%
*108'/a
<'
Stores
6
43
July
EXCHANGE
Shares
143%
'
8%
Eft
•; 9%
K
12
153/e
13%
STOCK
>
7
24% Oct
Jun
:
40
*109 ft
30
133/4
15
'
ft
:/.•/ *8
11
18 Va Aug
*
54 ft
;
9ft
26 ft
;>
40 ft
*90
10
Dyewood Corp common
preferred
United
13
543/4 Mar
93/4 Mar 23
171/4 May
Dec
24»/4 May
Oct
7
19
101
7
3
Jan
42
6
July
18 ft Feb
19 ft Jun
1133/4
65
223/8 Jan
24
16
-
22
No
Corp
——No par
Fastener
United Corp
6
Feb
26%
110
•'
5ft '
51/4
43 ft
*11%
•
30
15
.
for
the Week
$ per share
14 ft
14
V-
*
Oct. 14
-
•
23
No par
;
Co
Cig-Whelan
73/4 Oct
Feb
•
32 ft-
/
$3.50 convertible preferred.
4% Oct
Feb
J,
'
3
*
100%
8
>•■
30 ft
9%
*11%;
28%
V
50
.
COLUMBUS
36
*991/4
43 ft
9ft
43 ft
43 ft
11%
*92
:
.——_—100
& Carton
Carbon
24
15 ft
5ft
'
common—10
lnc
preferred
Board
2ft Jan
92 ft
53/a
26%
50
com—
United Biscuit of Amer
21
Oct
9
3 3/4 Jun
189
Co
preferred
4ft%• preferred
13
40 ft Jun
May
32% May
4"
Corp common..—5
convertible preferred.,
100
9
Feb
*5
Aircraft
3% May
; 16%
V
_No par
25
Car Co————No par
Union Tank
Feb
May
RR
nen-cum
Feb
>
series
California^
Pacific
4%
4ft
Dec
29 ft
No par
$3.50
2%
60
*353/4;
8
•
8%
"
19 ft Feb
Jun
103
-
100
•
29 ft
.
'
.
Sales
Friday
r
'
Jan
27%
8
.
Oct. IS
$ per share
"
20 ft July 15
HO3/*
151/4
*99 ft
7%
/
No par
Preferred, $3.70; series
14
»
36
100%
29
5
Co
•
:>
Thursday
>
*
lift
;
No par
Rubber
&
-
$ per share
22 3/s
22%
*
94
Apr
Dec
11%
V40 ft
48
Jan
108ft
22%
<7%
50
.
' :
1/2
22%
*353/4 *36 v
*109 ft
73 ft Jun
19
1073/4
-
•
b
lift/ lift
No par
25 ft Jun
•61/4
108
8 1/8
lift
Un El Co of Mo pfd $4.50«er__No par
Aug 30
38% July
-
108
13%
22 ft
*9%
Union
96i/4 July
513/4 July
Nov
8
11%
*35%
1
6
Sep
Nov
108
-*99ft'
par
Co_
12
Feb
9%
No par
_No par
Jan
Nov
,57ft
preferred
13%
>
22%
;•
No par"
City Rap Transit com__No
5% cnnv prior preferred
793/4
Jun
prior
8ft
*107
5
—
Twin
45%
313/4
Coal Co_
13 ft
8%
No par
Century Fox Film com
$1.50 conv preferred—.
$4.50
>13%
1
common
preferred-
21ft
^
Corp
123/4 Apr
112
* 1
i3y8<:
15
10
8ft Jun
•
13%:
15%
13ft; ,-:t>
8ft
8
10 3/4 Feb
90
13%
15
102 ft Aug 12
39ft Jun
98
v
13ft
Tri-Continental
10
Wednesday
Oct. 12
14%
—
20th
8'/b Oct
7
PRICES
Oct. 11
'
!
SALE
$ per share
13%
Truax-Traer
Jan
Jun
Tuesday
Oct, 10
$ per share
14%
16
Jun
«
Monday
t per share
Par
13 ft
13
Jun
39% May
431/4 Nov
Corp
\
.
HIGH
2
24 ft May
36% Aug
Saturday
Oct. 8
.
AND
Transcont'l & Western Air Ine
5
Transue <fc Williams Steel—No par
15 Ya Jan
3
591/4
110
Feb
80
10
12
Nov
103
11
LOW
.
STOCK"'
\
'
•
Transamerica
13
Aug 10
16ft
/
9% Mar
-37%
8ft Oct
32 ft Jan
14% Jan
24
11
;./r
4
14 ft Oct
16 ft
4
9% Aug 30
Jun
8% May
32ft Jan
lb% Feb
19 ft Jan
Jan
Dec
19
13
98 ft Feb
25% Mar
36ft
Jan
6ft Feb
10% May
107 ft July
Nov
12 ft Mar
.
10
Apr
YORK
EXCHANGE
i
$ per share
10
Jan
lift Jun
22% Mar
Nov
STOCKS
NEW
Highest
t per share
Jan
9%
15 ft
Range Since Jan. 1
Lowest
tper share
Dec
■
v
Highest
»S per share
i
*
Year 1948
*8>/8
64
15%
8%
46
64
15 ft
*8%
45 ft
*64
8%
46
64%
2,700
100
!?
Dec
Dec
94
Dec
19% May
37% May
86
49% May
377/e
I per
I per share
share
227a
82
May
Jan
43
31% Aug 12
26
Jan
Nov
68%
Dec
72
13
Jan
4
46% Apr
18
Oct
3
72
13
Apr
Dec
62
i
133
129'A Mar
1*0%
«>ua
129% Juu
Feb
19%
Jan
140% Jan
18% Jan
6% May
4 % Mar
8%
857a
2%
Dec
6%
Dec
8
27% Oct
12 V2 Jun
14
17 y2 Jan
7
3% Feb 25
97a Sep
10
Feb
4
Mar
10%
Jun
23%
Dec
70
Feb
147a
Feb
27%
9%
Dec
Jun
28
8% Aug
8
17
15% May
21%
Oct
20% Jun
26% May
Feb
2
Oct
59
14
10
Feb 16
13y« Jan
20
Jan
86
Feb
95
Jun
32%
Deo
48% Jun
14% July
Feb
109
117%
10
00
Feb
1
40% Oct
7
5
91
Jan
7
5
Jun
6
98% Sep
11 y« Jan
82% Jun 17
15% Jan
3
113% Jun 29
Jun
118
19
14% Jan
Jun
v23
6
Feb
17
-
18% May
Jan
Oct
89
85% Jan
124% July
14% Nov
25
33% Jun
96% Apr
Oct
7% Mar
83
6
3
5
Jan
15
21
Oct 10
Feb
118
14
23% July 14
32% Jan 12
3
15%
Deo
28%
Deo
29%
Nov
34% May
29% July 27
33% Apr
6
24%
Deo
39%
Apr
25% Jun
14
3272 Oct
13
25%
Deo
32%
Jan
23% Mar
29
Apr
32%
Jan
30
Maris
32
67% Aug
66
Jan
45
Jun
6
12%
Deo
15%
Jan
12
Jun
30
80% Jan 28
1472 Sep 13
28
Dec
July 18
27
38% May
378
37a
*2672
28
27%
277a
27%
273/4
♦267a
*14%
147a
147a
147a
*14 7a
73/4
73/4
7%
Pictures Co Inc
30% Apr
5
20
30
Apr 26
7.
647a
' Y'
24%
2474
135%
135%
700
*21
2174
1,800
*4374
447a
500
.Y
20
12%
127a
25
25
*85
89
87
7
87
39%
247a
:•
99>/2
"98
Y,
700
200
7%
7%
15,100
800
25
*24 s/a
166
♦164.
9%
93/4
14,200
597a
*58 7a
597a
10
20
*19%
193/4
1,200
9%
*25 7a
113/4
24%
243/4
300
26
11%
247/a
2,200
25
11%
1,600
92
*89
92
,92
*88
*88
*88
93
70 :
900
407a
407a
4074
4074
700
97s
97s
267a
117a
91
9,000
147a
10
97a
407a
3%
147a
243/4
19%
91
V;:v!
27%
*26
167
*26
25
\:
91
Y 3%
7%
2474
3,000
2,800
11%
11%
*8972
3%
*163
187a
187a
19
♦1774
29
28%
327a
*3274
240
116
1157a
*17 5/a
■Y
19
*17%
19
2874
287a
29
327a
327a
3174
13,700
32%
*3274
327a
3174
2874
*32 7a
18 3/4
28%
32
3274
327a
32
32 3/a
28
*2774
28
273/4
28
50
31
*30%
31
*3074
31
|20
48%
*48%
497a
*48%
19
*17%
19
*17%
*2874
95
1874
116
116
116
116
947a
183/4
187a
9,800
1,300
97
*95 7a
19
—
73/4
73/4
87»
97
1872
1157a
115
3174
31
8
8%
:Y
19
187/a
116
*115%
874
9674
997a
*98
99 Va
*98
997a
*98
97 ■
*9674
28
28
Ry Co common
preferred
(The)
Vulcan Detinnlng Co common
7% preferred
37a
1174
8%
87a
96
25
6%
-/'■
Q
4072
9972
♦98
874
77a
9372
10
100
Virginian
..
2574
*86
407a
Y'
20
2474
SO
40%
\
*58%
2572
*87
90
*87
41
10o
Virginia Elec & Pwr Co com
$5 preferred...
Va Iron Coal & Coke 4% pfd
2474
♦87
i
10%
Xll%
12%
*
1,200
'
3%% preferred
100
Va-Carolina Chemical com—No par
partlc preferred
1274
Y
3,900
46,300
678
*6
6'
91
97/a
9
.
;
,
11 a/a
117a
Y
-
59%
197a
2574
:
•
167
*58%
1974
1974
*25
■
25
10
*9
9
2572
Y' *■.
*897a
3%
*24 7a
597a
Y
91
,
447a
6
6
•162
10
*58 3/8
9
Inc
7
dlv
59
257a
2.50
10
Vertlentes-Camaguey Sugar Co_6%
Vlck
Chemical Co
2.50
Vicks Shreve & Pacific Ry com_10O
5% non-cum preferred
100
Victor Chemical Works common—•
Co
Co
247a
167
9%
10%
59
10o
;
247a
♦163
21
203/4
:
*43 3/4
113/a
11
8
7%
167
97a
1
com
preferred
■
247a
*163
100
53/4
YYY
91
DAY
20%
447a
53/a
li%
8 3/a
24 7a
Tobacco com_Nopar
Leaf
preferred
5%
.
*88 7a
37a
7
6%
3534
15
3%
•
20 Va
437a
YY,
COLUMBUS
690
647a
28
15
11%
•
20%
43%
.
13674
T/'Y
'-34 74
1357s
No par
20 7a
91
1
21
*135%
24%
1357a
1363/4
•43
5%
5%
1174
237a
24
70
10,100
1157a
115
24%
Paper Inc common—2
preferred
50
Norman
May
2474
*89 7a
?>.Y.- 3%
Raalte
15% May
Y.
Y' 647»
*88%
Van
29%
/'v..
647a
Y
433/4
Universal Laboratories Inc
474%
35%
CLOSED
20%
*14%
Universal
YY 35
EXCHANGE
643/4
2072
1
8%
3574
64 7a
*42 74
Universal-Cyclops Steel Corp
Universal
343/4
25
1
2d pfd—5
Van
94
85% Mar
conv
115%
STOCK
a00
No par
Co com
preferred
conv
337t
YYYY-
*
136%
Vanadium Corp of Amerlca_No par
Deo
au
$6
114%
Y
65%
24
33%
115
lib %
343/4
04%
33%
Y;;.// //■':'.■■ ' '•
323/4
lib %
347a
657a
91
136 %
United Stores $4.20 non-c
4%
lib
247a
7,600
267a
90 3/4
33
92
Shares
share
2674
91%
26
91
136 %
preferred
Stockyards Corp
United Wall
7
*347a
*0472
$ per
2574
Yy Y
Y;Y 327a
327a
the Week
Oet. 14
$ ver share
257a
for
Sales
Friday
Oct. 13
t per share
share
*91
92
327a
Thursday
Oct. VI
23%
non-cum
United
257a
♦91
117
*11674
No par
common
preferred
7%
92
32%
327a
8ALE PRICES
Wednesday
11
.
24%
Corp
U S Tobacco
8
May 13
25% Oct 11
Deo
<
7%
*91
S per
257a
257a
50
ll7/,
19%
Jan
Steel
S
$ per share
25%
257a
oo
preferred
25% Apr 25
85%
12 % July
U
14
10% May 18
3
7
May
29
Jun
170
10
43% Jan
15% May
Deo
7'A
42
Mar
156
74
25% Sep
17
5
19% Jan
Jun
May
•
common
1st preferred
non-cum
7%
11
Jun
170
8%
Co
U S Smelting Ref <fc Mm com
Sep 28
Jan
8
20
Feb
91
29
21
Feb
5
11% Oct
Feb
Jan
19
19
Rubber
S
20
2% Jun
34
150
13
44% Sep
2
6
Oct 11
Apr 29
80
Jun
Dec
22
21 7b May
8% Jun-14
12% May
98% Jun
Dec
<J
4
38% Jan
3
4% Feb 24
42% May
Nov
37
U
Mar 17
24% Oct
•
177a
S
21
33% Oct
Juu
63 7a
V 112% Jun
20% Jun
137%
37'A
121
1
100
10
100
Plywood Corp common
374% pfd series A
U
Aug 11
92
29
Apr
14
Oct
Oct. 10
t per share
Par
share
267s Oct
3
HIGH
AND
Tuesday
Monday
,
Oet. H
Monday, October 17, 1949
CHRONICLE
LOW
Saturday
STOCK
EXCHANGE
Lowest
Highest
$ per
'NEW YORK
Range Since Jan. 1
Highest
Year 1948
share
FINANCIAL
&
STOCKS
Range for Previous
Lowest
t per
COMMERCIAL
THE
(1512)
24
1,000
29
29
327a
*3274
200
.
1,200
8
20
31
27%
*27
28
30
Visking Corp
*30
31
*30
31
307a
*4872
49
•4872
49
487a
497a
100
*1374
14
14%
14%
13%
14%
14
14
13%
13%
900
*30
307a
30%
3074
30
30
3074
3074
30
307a
600
*104
10572
10572
*104
*104 7a
2774
*27
W
v„
100%
35%
25% Jun
Jun
13% May
16% July
10% Mar
*83 % Mar
9% Nov
5
Jan
7
9% Jan
7
14
157a Oct
13
Jun
*12
*87% Jun
May
3
Nov
32
22
*19%
Nov
34% May
14
Jun
14
Jan
27% Aug
23% Jun
27
25
12%
Deo
20% May
11% Jun
14
1472 Sep
2072 Oct
v
18% Jun
10%
Dec
22
Dec
30%
16y« Feb
Sep
13
Jan
3%
6% May
Dec
Sep
*80
86%
1
78
7
67* Oct
237a Jan
14
29
3
Apr
119%
Jun
113% Feb
25
103% Mar
111%
Oct
103% Feb
8
105% Nov
113
Jun
107
Apr
18
100%
Oct
107
.16%
Apr
33%
100%
*113%
"
104% Sep
Jun
*
Feb
51%
110%
Jun
106
4
Jun
Feb
35% Jun
14
13
44% Oct
14
108% Jan 25
34%
>.
$ per share
Dec t-
$ per
.
$4
West
West
Class
6%
6
May 31
13
Apr
90% Jun
3
Jun
98% Feb
213A Jun
15
115
80
Jan
Mar
83
Mar
■i
23
•
24% May
;
22% July
10%
Dec
69
:
12%
'
Dec
125
Dee
28
13
7
28% Oct
14
997a Oct
3
104
2174
22%
1972
19%
207a
20
2074
19%
207a
19%
20
25
25
25
X2474
2474
2474
2474
247a
24%
600
13
1374
137a
137a
137a
133/8
137a
133/a
13%
2,000
1872
18
18
18 7a
187a
197a
193/4
19%
207a
1,400
14
14%
147a
14
<
4%
11
12
48% Jan 27
28
12
Sep
7
Pacific
Preferred
RR
6
■5%
5-'a
574
1,700
23
2234
227a
227a
227a
2,400
8372
8374
8374
*8374
84
83%
837a
83%
84
1972
197a
1972
19 74
197a
19
197a
19
197s
2,400
207a
19%
20%
193^
2274
27,600
247a
24
247a
1874
1874
17
167a
24%
24 7a
247a
11674
11674
116%
11611
1167a
1167a
1167a
116%
1117a
1117a
1117a
111%
1117a
1117a
111%
111 17«
1127a
112 7a
1113/4
1127a
1053/4
*10574
10574
1057a
1057a
111%
Weston
,
Sewing
Prior
8
Wilcox
7% Jan
8
*42% Jun
22
6674 Jan
8%. Jun
15
12% Mar 10
Jan
Oet
Jun
6
14% Jan 14
Jan
37%
49%
Jun 21
10
Jan
4
22
Jun
2
44
Sep 27
128
Jun
.
.
79
Apr
2
13% Jan 17
197a Oct
138
13
Oil
,
Co
2
10
Woodward
(F
;.'6%
STOCK
277a
EXCHANGE
*65 7a
677»
CLOSED
17
17%
17
277a
277a
277a
*277a
40
■
53%
; *117a
197a
147a
277a
127a
13%
25% May
Dee
Deo
81%
Nov
68%
94
Feb
14
24
69% Aug 17
Jun
10
72% Apr
;
96% July
'
64
'
i
68
Jan
68
Feb 25
'
60% Mar
July
69
:
11%
Jun.
Dee
34%
:
Jan
Feb
16% May
8
Mar
22
10%
15% Mar 30
11% Jun
*50% Feb
r
May
•
£
66
Feb
0
S % Feb 29
79
Jan
7874 Sep
.'1174 Oct
t527i
710%
767a
7672
757a
75%
117a
*107e
107a
107/s
19
19%
"
,19%
143
"139'
/
►139 Y
common
-
Tale
-
2
15
84
Jan
20
Jun
13
12% Jan
7
•14%
No pax
Prior
.
ft
York
Towne
Corp
Mfg Co.
common
.
>
18
1
*
39% Jan
Oct
30% May 13
16% Jun 17
Oct
53% Jun
13
74
*19%-Maj
10% Jun
28
48
Dec
37
18%
65%
Dec
13%
Dec
19%
Feb
3% Dec
•Bid
rCash
24
Feb
and
sale.
-
May
*
89%
39
July
6% May
asked
prices;
sSpecial
sales.
20% July 12
"3% Feb
9
no
sales
on
wdWhen
18
472%
conv
preferred
80
24 7e Oct
13
Jan
28
14% Jan
6
Young (L A) Spring & Wlre_NoPar
Youngstown Sheet & Tube—No pax
Youngstown Steel Door
No pai
Jan
7
Zenith
Radio
47a Oct
13
Zonite
Products
*33
this day. tin receivership,
distributed,
x Ex-dividend,
or
y
Corp—
Corp.
v:
i
*72
14%
63 Y
71
71
73
"
68
7
►117a
143.
*138
'<•
■Y
213/4
117a
387a
1
j
10,500
y
1574
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14%
3,200
7
i.f.
*673/4
75% J. 76 *
117a
113/4
757a
22%
.*38
247a
6974
24%
;
237a
2,300
v
5,700
1174
7.500
3874
247a -7:
247a
24%
687a
69%
67 3/4
68 74 7
127a
127a
127a *
273/4
2874
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47a
4%
20,700
-*38
.
7 ' 7
24
;;
12
11%
117a
27%
277a
2874
287a
28%
287a
43,fe
47»
4%
472
4%
company's reorganization.
~
,1,000
11
67% 7
4
!
757a
117a
3874
117a
4
1
130
11%
H7a
.
67 3/a
28
90
73%
11%
237a
71
;
387a
22%.
,
12
4
30
68
71
243/4
y:?
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113/a
383/4
6874
28
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4
73%
11
247a
600
29% V
68
■
5
♦
"
45 3
71
21%
143*
29%
7 75%
1174
11
:
45%
*73
;Y;
J
6,000
29%
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*72
,
}
300
V
46%
677a
1
•
*70
„
117a
21%
247a
19%
673/4
75
75%
2174
' 117a
*38
19%
70
.7572
217a
247a
193%
'
300
297a
Y
75 3A
11.% 7 117a
247a
10%
697a
11%
►38-"' 3874
107a
6774
71
7574
11
107a
1,200
6,700
/
4574
-
15
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»
76
3,900
17,200 7
147a
147a
75
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1
2934
457.
Y 73
1174"
76
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J
297a
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Y!
107a
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-
I
?
-
147a
1474
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•
7:
457a
'
7572
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petition has been filed for
Ex-rights.
*67
*69%
Prior
.
143
11%
■
46%
457a
52
:f. *75%'
30
*29 7a
467a
574Y:
517a
11
117a
'
•
77 5%
<
6,500 Y
300
19%
10 Ye
19
4,400
77
107/a
52%
107a
30
46
11
10
19% Jun
8
Machinery
;
57a
5272
5374
197a
*29
pfd 4%% series
/
108
pfd 4%% conv series—106
Wright Aeronautical
—Nopal
Wrigley (Wm) Jr (Del)
Nopax
Wyandotte Worsted Co
——8
7
Y " 574
'
117a
12
H7a
Y
j
200
337a
117a
77 52%
107a
142
♦138:
28
•
310 7
14%
277»
57a
5374
Worthington Pump ft
*62
v
767a
>
14%
337a
147a
f
1,700
337a
'
578
27%
2874
277a
*33
12%
11%
55/a
78 7 a
277a
33
■33/
127a
57a
39
27%
Y
147a
2774
1074
.1
387a
787a
7872
Y
277a
Y143/4
287a
14%
337a
3,300
115
*113
397a
"
600
25
247a
115
190
99
101
101
24
■
177a
S8%
99
1017a
78%
537a
-*757a
28%
397a
79
24,000
6,600 ;
56,700 '.!
277a
277a
23%
39%
277a
57a
'
27
277a
99
115
14%
*33
1272
.710%-
y
177a
273/4
*113
39 3/4
*277a
67
18 74
*100
277a
147a
3372
57a'.
DAY
23%
79
297a
*27 7a
a
277a
277a
*65
•
27%
127a
'■
.'7.
997a
"11274
Y.
7974
24 7
2472
■
.
26%
101
23
115
3974
*79
2972
1474
18
Co
*
277a
23
"11274
115
397a
10
Co
101
23
7 7972
*33
10
*98
101%
24
*79
I
:<
9972
101
28%
67%
27%
COLUMBUS
275/a
267a
*98
98
*39
v
263/4
26 %
2674
117a
25 7a
277a
*65
18
27%
1017a
117a
2,900
2,700
6,600 '
1,100
1,300
6%
3434
1274
*247a
674
3472
177a
1774
*11274
...
'
W)
*65 7a
2774
*227a
<
i—180
Iron
Woolworth
257a
27 7a
6774
18
u
preferred
Sep
3474 Jan
247a
27%
98
No pax
Wisconsin Elec Power Co com
497a July 29
24
27
27
-No pax
$4.25 preferred
Wilson-Jones
24
24
Shares
$ per share
6%
11%
267a
■
Wilson & Co Inc common
12%
*1017a
I
Co—
34%
11%
167a
Willys-Overland Motors com
1
$4.50 cenv pfd series A._Nopax
5
34
1172
*267/a
1
SO
Motor
White
3472
11
*2674
1
Co
White
347a
107a
for
the Week
347a
6%
347a
Sales
Friday
$ per share
$ per share
7
6%
7%
80
Oct. 14
Oct. 13
Oct. 12
$ per share
share
6%
1,700
106
106
Thursday
Wednesday
34
*23
100
Machine com
preference
16% Mar 30
$ per
40
3,400
..■iSW
HIGH SALE PRICES
AND
Oct. 11
Oct. 10
4474
260
443%
*44
107
170
•
15
143/4
15
107
Tuesday
Monday
6%
44
1097a
560
'•
1057a..
15
44
4374
*107
1097a'
*107
*65 —-67 74
No pax
$5 conv prior pref
No par
White Dental Mfg (The 88)
26
2972 Sep 23
70
*105
15%
147a
107a
,
1272 Oct
.
105
105
■
347a
12.80
Wheeling & Lake Erie Ry
Wheeling Steel Corp com
3
13
*105
4374
•43
43
109 72
$ per share
106
3372 Oct
;
10574
15
147a
147a
43
166
Instrument
Elec
13
6
11174
*104 7a
112%
lll7/a
11272
*107
10
166
160
.
390
11611
No par
pfd series B
44,300
•
1
11611
*116 74
Western Union Teleg class A-No par
Westlnghouse Air Brake
No pax
Westinghouse Electric com
12%
"3%% pfd series A
100
3.80%
210
11672
674
A
series
6
24
24
116
247a
116
LOW
com
4,100
15%
•
*5%
22%
6
*11674
Par
Western
8,400
227a
V'.6Y
Oct. 8
Supply Co
Maryland Ry com
non-cum 2nd pfd
15
.<
100
3,000
2274
6
Saturday
Auto
15 7a
3,600
30,800
23
167,
Lines Inc_.
Air
147a
147a
8
1974
STOCK
YORK
8
*138
'
Nov
217a
105
Aug 11
11474 Sep
13
28% Feb
■
Jun
Feb
41%
21
♦104
4% Jun
18
Deo
2174
105
18% Jan
t
'
14%
217a
145/a
7% May 31
Nov
•
22
*104
May
19
*21%
100
100
series B
preferred
4.10% preferred series O
12% Jun
-
•7 17% May
88% Jan
Nov
2174
Virginia coal & Coke
8
West Va Pulp & Paper com—No par
4 Va %
preferred
108
4.20%
65% May
Mar
61
12
28
8372
West
26
1874 Oct
7
"
-
1174
1057a
*96
106
12
31%
;
..
11%
*10472
pfd
19%. Jun
1
Feb
1174
106
8
68% Jan
2
,
:
F»b
12
EXCHANGE
34% Jan
237a Mar
Jan
Feb
6% Mar
117a
11274
NEW
Jan 24
89% Jan
27%
Dec
30
5
i 71
Peb
27%
12%
24
share
July
Jan
9%
$ per
7% Apr
26% Jan
29% Jun
92
i
: 9
11%
*10472
Highest
Mar 30
102
July
-
13
Y 20% May 31
Jun
13%
.
21% Jun
57% Oet
:
117a
199
12% Jan 20
Jun
37
967a
6
166
106
Power 4%%
West Penn
29% Apr
53% Jun
May
40%
96
116
preferred
preferred
7%
8
95%
Dec
97
No par
A
13
33%
25
967a
-No pwr
Elec Co com
West Penn
Sep
101%
•
97
*2274
Snowdrift com—2JQ
preferred
No par
Indies Sugar Corp
1
Kentucky Coal Co
4
Jun
Jun
•
9672
137a
.8
conv
21
26
Feb
*9574
13
.1
Western
39%
Deo
9674
1972
Wesson Oil &
Western
Deo
Feb
Corp
Inc—
Tobacco
Webster
41% Mar 12
Nov
91%
15%
*177z
Western
15
85%
157a
.8
11
24
29%
23%
157a
8
Wayne Knitting Mills
Wayne Pump Co
20
16% July
38% July
36% May
74% July
58% Deo
153/4
100
& Pipe
Petroleum
32% May 23
87s Feb 24
46% May
Nov
share
Feb
5
10% May
7% Mar
Y
Lowest
Nov
22% Mar
25%
1574
8
STOCKS
Highest
$ per share
15%
*2474
Range since Jan. 1
Year 1047
75%
4,800
157a
96 74
Pictures
Range for Previous
Lowest
7,300
87a
15%
157a
No par
3
Sep 14
17% Jan 20
May 12
104
21
287a
87a
Washington Gas Light Co—No par
Waukesha Motor Co
8
108% Jan 26
2
13% Mar
Oct
Jun
113
30
101% May
22%
5
2274 Oct 14
24% Aug 10
117% Sep
2
117% July 11
11172 Aug 10
108% Mar 22
Jun
114
14
157a Oct 14
287a
878
277a
8
8
2174
847a Jan 24
14% Jan
19% July
Feb
14
27% Jan *7
16% Sep
13%
104% Mar
Warren
11
13
16% Jun
26% May
19% Mar
Warren Foundry
283/4
8%
157a
preferred
Bros
1057a
28 3^
8 7a
27%
1
Co
5%%
*104 7a
277a
8%
*104
287a
No par
No par
W
Ward Baking Co common
Warner
July 13
*19% Jun
Jan
*
3
3% Jan
34% Aug
Nov
26
10
11% Apr 21
y
Jan
Walworth
105 7a
2774
117a
100
preferred
4%
Walker (Hiram) G &
3
227a Jan
20%
Jan
System
Walgreen Co common
4
Oct
97
14
9% Jan
12% May
25% Feb
22
Waldorf
8
287s Oct
Jun
101
14
105
1
6% Jun 29
21% Jun
27% May
8% Feb
3174 Oct
13
May 10
101
Aug
105
Apr
*18% Mar
100
No par
No par
preferred
Wabash RR 472%
/
vr? 12
•
^Effective Sept. 23, name was changed to Shell Oil Co.
7
7
100
1,500
;
.
8.600
1,100
a Deferred delivery.
Volume
THE
Number 4847
170
COMMERCIAL
/
.
>
Bond Record
italic
letters
In
the
column
FINANCIAL
"
CHRONICLE
(1513)
"
New York Stock
«»
FRIDAY
The
&
headed
WEEKLY
-
"Interest
Period"
indicate
Flgnres after decimal point represent
In
one
eacn
the
case
82d
more
or
Exchange
YEARLY
-
of
month
a
when the
bonds mature.
point.
LOW AND HIGH SALE PRICES
GOVERNMENT
Range for Previous
Range Since Jan. 1
Year 1948
Lowest
Lowest
Highest
NEW
Highest
v
101.11 May
BONDS
Saturday
STOCK
9
*•«>»
ITrgasury 3Vis
V
Monday
H-
Hirb
Thursday
Wednesday
Tuesday
Oct. 10
Oct. 11
7
Oct. 8
*
EXCHANGE
101.11 May
9
YORK
Low
High
Low
High
High
Low
Sales for
Friday
Oct. 13
Oct. 12
"
Low
Oct. 14
Low
High
the Week
High
Bonds($)
8ep
*"100.15
100.16
*100.15
100.16
*100.14
100.15
•100.14
100.15
*100.13
19al-lS55
*104.4
104.6
*104.4
104.6
*104.4
104.6
•104.3
104.5
♦104.3
104.5
2 Vis
1955-1960
*109.10
109.14
*
109.14
*109.8
109.12
*109.6
109.10
•109.5
109.9
2%s
1951-1954
*103.5
103.7
*103.5
103.7
*103.5
103.7
•103.5
103.7
•103.4
103.6
Treasury
Treasury
Treasury
2%s
1956-1959
*110.14
110.16
*110.14
110.18
•110.12
110.16
♦110.11
110.15
2%s
1958-1963
*111.18
111.22
*111.16
111.20
*111.16
111.20
*111.14
111.18
*111.13
111.17
2%s
1960-1965
*113.3
113.7
*113.2
113.6
*113
113.4
*112.30
113.2
*112.29
112.31
^Treasury 2%s
108.28 May
3s
1949-1953
*100.11
100.12
*100.11
100.12
*100.31
100.12
*100.10
100.11
*100.10
100.11
105.28 Mar
Sep
Treasury
Treasury
Treasury
105.1
107.4
108.13
Jan~26
108.13
110.23 Mar 11
110.23 Mar 11
101.18
Dec
102.22
Feb
102.23
Sep
102.23
Sep
JazTii
102.31 Jan
102.31 Jan
14
104.9
Feb
3
104.9
101.7
Sep
101.11
101.19
Jun
102,1
MarTl
104.6
Aug'lO
100.25
Jan
103.8
July 25
103.8
Juiy 25
Jan
100.26
Apr
Sep
100.24
Sep
101.12 Feb
9
101.13
j"un
101.12
Jun
101.7
Feb
7
103.2
Aug
2
100.27
May
100.18 Jan
6
101.28 Jun
30
100.23
100.23
100.16
Sep
100.7
Oct
102.26 May
100.23
24
Oct
100.28 Jun
Jun
103
14
1950-1952
*101.18
101.20
*101.18
101.20
*101.18
101.20
2V2S
1952-1954
*103.5
103.7
*103.5
103.7
*103.4
103.6
1956-1958
*106.6
106.8
♦lUt.o
iuo.7
*106.3
106.5
STOCK
105.7
*105.3
105.5
EXCHANGE
*104.21
104.23
104.20
*104.15
104.17
Jun 1964-1969
*104.8
104.10
*104.5
104.7
*104.J
104.0
Dec 1964-1969
Aug
1982-1967
8
102.13 July
102.30 Feb
9
100.4
May
100.13 Jan
20
Mar
100.2
Feb
100.17 Feb
9
100
100.9
100.31 Sep
101.7
105.4
Aug 10
20
102.30 Sep
101,3
14
100.21 Feb
Sep 28
Jun
9
101.13 Mar
Dec
101.26 May
101.8
Jan 26
101.8
100.31
Sep
101.18 July
100.30
Sep
101.19 July
100.7
Oct
100.16
101.18
Apr
Feb""9
101.18 Peb
_
98.30 May
98.24 Jan
10
94.14
Jan
99.30 May
99.11 Jan
5
•Bid
2s
and
due Dec.
asked
price.
15
at
100.
this
a
103
*103.29
103.31
*103.26
3 03.28
105.4
*105.2
105.4
104.16
*104.13
104.15
♦104.2
104.4
*104.1
104.3
COLUMBUS
♦103.29
103.31
*103.28
103.30
DAY
28
*103.24
103.26
*103.23
103.25
103.24
*103.21
103.23
*103.24
103.26
*103.22
103.5
*103.2
103.4
*103
*102.29
102.31
105.22
*105.18
105.20
*105.17
105.19
*105.14
105.16
*103.4
103.6
*103.3
103.5
*103.2
1C3.4
•103
103.2
*102.29
*103
103.2
*103
103.2
*103
103.2
•102.31
103.1
*102.31
103.1
1952-1955
*102.20
102.22
*102.20
102.22
*102.19
102.21
•102.18
102.20
*102.17
102.19
1954-1956
...
*105.30
106.2
•105.28
106
*105.28
106
♦105.26
105.30
*105.23
105.30
:
i 103.2
102.31
1956-1959
*104.28
104.30
*104.26
104.28
*104.24
104.26
♦104.22
104.24
♦104.20
104.22
Jun 195J-19C2
*102.29
102.31
*102.27
102.29
*102.26
102.28
♦102.24
102.26
*102.24
102.26
____Dec 1959-1962
*102.29
102.31
*102.27
102.29
*102.25
102.27
♦102.24
102.26
*102.23
102.25
*100.8
100.9
*100.8
100.9
*100.7
100.8
*100.7
100.8
*100.7
100.8
*100.14
100.15
•100.13
100.14
•100.13 100.14
•100.13
100.14
*100.13
100.14
♦100.28 100.29
*100.28
100.29
•100.27
100.28
♦100.27
100.28
*100.27
100.28
„
Sep 1950-1952
1951-1953
i
*101.19
101.21
•101.19
101.21
*101.18
101.20
*101.18
101.20
*101.17
101.19
1951-1955
*101.25
101.27
*101.25
101.27
*101.24
101.26
♦101.24
101.26
*101.23
101.25
Jun 1952-1954
Dec 1952-1954
*102
102.2
*102
102.2
*101.31
102.1
•101.30
102
*101.29
*lu2.10
102.12
*102.9
102.11
•102.8
102.10
*102.7
102.9
*102.6
102.8
1953-1955
*103.30
104.2
*103.28
104
*103.28
104
•103.23
103.30
*103.26
103.30
1950
*100.15
100.16
•iov.io
luo.16
nuu.15
100.16
*100.15
100.16
*100.15
100.16
1957
1972
*101
101.4
•101
101.4
*101
101.4
*101
101.4
*101
101.4
*102.12
102.16
*102.12
102.16
*102.12
102.16
*102.12
102.16
♦102.12
102.16
2s
Bank
for
for redemption: 3Vis due 1949-52, called Dec. 15 at 100; 2Vis due
Bonds
Bid St Asked
*
Jan. 1 i
15
100;
at
.
ENDED OCTOBER 14
BONDS
Range Since
Sold
called Dec.
1949-53,
'
* "
Week's Range
Friday
Week's Bangs
or Friday's
101.31
Development
10-year 2 Vis
25-year 3s
Sale Price
*105.2
•104.14
CLOSED
*103.3
tThe following Treasury bonds are being called
Odd lot transaction,
r Registered bond transaction.
Period
106.1
*105.20
RANGE FOR WEEK
New York Stock Exchange
103.3
*105.31
103.6
Dec 1949-1951
Last
101.19
*103,1
106.3
105.25
day,
Interest
*101.17
103.5
*106.1
*103.4
Mar 1950-1952
Friday
BONDS
101.20
*103.3
*105.23
2s
2
*101.18
1Q4.1
*103.26
2s
July 14
102.16 Sep
No sales transacted
1949-51, called Dec.
15,
101.2
*103.31
103.30
100.14
1951-1953
;
Reconstruction &
Jan
104.3
*103.28
Dec 1967-1972
2Vis
International
94.10
*104.1
104.1
1966-1971
Treasury 2s
Treasury 2s
Treasury 2s
Treasury 1 Vis
9
*104.18
104.6
Jun 1967-1972
2 Vis
2 Vis
Treasury
*105.5
*103.31
Treasury 2s
Treasury 2s
26
Jan
105.10
*104.4
;—Sep 1967-1972
Treasury 2 Vis
Treasury 2 Vis
Treasury 2Vis
Treasury
Treasury
Treasury
^Treasury
Treasury
,
1965-1970
Treasury 2 Vis
101.14 Sep
100
Mar
*105.8
1963-1968
Treasury 2Vis
Treasury 2 Vis
Treasury 2 Vis
102.26 May
100.7
110.20
Treasury 2 ViS
Treasury 2 Vis
Treasury 2 Vis
Treasury 2Vis
Treasury 2 Vis
Jan
Jun
100.24 Mar
*110.16
109.10
2 Vis
3
101.19
.
2 Vis
Treasury
Treasury
Treasury
14
Feb
„1949-1952
New York Stock
''
Interest
Exchange
7 Period
Last
or
Bonds
Friday's
Bid & Asked
Sale Price
Range Since
Sold
,
Jan-1
•
Low
No.
Low
High
3%
Low
High
J-D
*63%
64%
J-D
*63%
60
3 Vis Series No, 17-
J-D
*63%
,58
65%
3%s Series No. 18_.
No.
High
15_.
'3%# Series No. 16-
Low
J-D
*63%
56
65 Va
High
New York City
Transit Unification Issue—
K
{?3%s
Corporate Stock
.1W0
J-D
106Vivvvl06Vi 106 3,i
r:
-
38
104 >
•
107%
Series No.
'•■?'
1*-* •'"
•
V-'
''
'• J
■
'
59%
65
65
3%» Series No; 19_.
J-D
*63 %
3%s Series No. 20-
J-D
♦63%
59%
65
3%s Series No. 21-
J-D
*63 %
60%
65
3%s Series No. 22-
J-D
*63%
55%
67%
3%s Series No. 23-
J-D
*63%
;
58%
65
67%
65
65
55 Va
65
3%s Series No. 24-
Telephone
Members
120
New York
Stock
NY
66
J-D
*63%
68
J-D
J-D
*63%
J-D
*64
J-D
♦63%
(City) s f 5s
Sinking fund gold 5s
Sinking fund gold 6s
1-1693
Canada
Foreign Govt. St Municipal
AGtd
sink
fund
lAChile
(Colombia)—
i AQtd sink fund 6s
1947
6s
P-A
1948
72
af-a
1945
(King of Norway) 4s
lAAntioquia (Dept) coll 7s A
J-J
SAExternal
s
f
7s
series B
1945
IA External
s
f
7s series C
1945
s
f 7s series D____„1945
45%
j-j
fAExternal
:
j-j
s
f
1st series
7s
AExternal
sec
sec
s
45%
70
62
62
4
81
93%
45 Vi
45%
2
37 Vi
47
46
4
37%
46%
45
45%
2
7 37%
46%
45%
45
A-O
*45
45
45
37
11
7
•
8
!•
46%
37%
46%"
37%
46
A-O
series_.1957
f 7s 3rd series__1957
X
46%
37%
46
10-year 3 Vis
1957
20-year 3Vis
j-d
101
(City)
External s f 7s
101
102%
12
95
106
.99%
99
99%
152
97%
103%
89%
91
19
89%
97%
j-d
90%
90
90%
37
89
95%
1967
86 V4
86 Vi
6
85%
92%
84%
85%
39
84
93%
J-d
3 Vis
I960
j-d
15-year 3%s
1962
F-A
'
20-year
Belgium
(Kingom of)
External
s
i
of)
s
f
6s__1955
7s
S
exll
J-J
84
113%
1955
J-D
--
-1941
j-d
—
82%
84
20
82%
93%
113 Vi 113%
14
102%
113%
(U
external
8s
117% 119%
20
115
121
Stamped pursuant to Plan A
(Int reduced to 3.5%)
AExternal
s
f 6Vis of
1926
.1978
A-O
1957
A-O
A7s
(Central
_1979
Ry)
Stamped pursuant to Plan A
(Int reduced to 3.5%)
__
■X:--
j-d'
1957
A-O
1979
2
60%
j-d
.1978
j-d
5%
funding bonds of 1931 due_ .1951
Stamped pursuant to Plan A
(Int reduced to 3.375%)
_1979
External $ bonds of 1944 (Plan B)—
3%s Series No. 1
4
45%
56
74
75
3
62
75
--
7—
6
75
75
2
60%
2
43
55
61
72
46%
59
*74
—
58%
53
7 ,7
4
55
42%
53%
69
69
62 ye
•57
1942
U-N
104 Vi
22
104%
107%
35
Feb 1961
F-A
Feb 1961
F-A
Jan 1961
J-J
;*36 -
Jan 1961
J-J
'*27%
Sep 1961
Sep 1961
M-S *•'
M-S
1962
A-O
1962
A-O
A6s assented
sinking fund 6s
A fls
Mortgage
'
J-D
67 Vi
57 Vi
J-D
67
66 Vi
67
59
69
3%s Series No. 4
J-D
66 Ms
66 %
66 Vi
57%
37
25 Va
29
35 %
J-D
66 Vi
66 Vi
58 %
69
3%s Series No. 7
J-D
75
70
73
72
62 Vi
3%« Series No. 8
•71
J-D
72
J-D
*36
J-D
J-D
—
J-D
•71
58 Vi
73
10
J-D
*71
79
60 Vi
73
3%s Series No. 11
J-D
•63 Ms
65 Vi
58 Vi
65
3Vis Series No.
12
J-D
3%s Series No. 13
J-D
•63 Vi
J-D
♦63%
1
Series No.
ror
rootnoies
14
see
page
an
63%
63%
65
58
65
59
63%
•
65
55%
66
29
34%
36%
26%
f
,
'*36
*27%
28%
26
29
27
25
29%
40
*27%
26%
34%
37%
28%
23
37
•26
T_1961
A-O
•J*36 ;
__
'34
A-O
'♦27%
1962
Af-N
*36
1962
___>
assented
'*27%
Af-N
1960
M-S
1960
assented
;*36
J-D
1961
AGuaranteed sink fund 6s
•29
26
•34%
.:
J-D
1961
M-S
1951
J-D
*
__
28%
.
29
-«
26
35%
-
37%
29
36%
27%
27%
26%
29
36
36
36
35%
37%
27%
27%
27%
26
29
~
Cons
Munic
7s
assented
A Chinese
(Hukuang Ry) 5s
*4%
5
r
4'A
•"
For Financial Institutions
FOREIGN
SECURITIES
FIRM TRADING MARKETS
ram MAKES 6. P.O. INC.
;
FOREIGN SECURITIES SPECIALISTS
73
3%8 Series No. 9
3%s Series No.
36'/a
25%
__
27%'
69
3%s Series No. 5
•66 Vi
29%
"34%
35%*'!"
69
3%s Series No. 3
37%
26
1961
„
29
34%
__
-
27%
Af-N
1957
6%s
fund
A6Vis assented
A6s
37%
26%
*27%' 30
Af-N
1957
A0Vis assented
ASlnklng
29%
7 3
—
735%
*36
1993
Bank 6 Vis
37%
25%
'
1963
bonds 2-3s
:
34 Vi
2
27% "27%
1963
assented
t $
'•
j'7_
*36
35%
28%
34
36
sinking fund 6s
25%
1
27%
36
27%,,,27%
f 6s
37
1
__
27%
s
59
54%
*36
(
100% 100%
1
71
3%s Series No. 2
.
J-J
102
75
54%
7
*53
69
100% 100%*;
101%
102%
25
55%
55
46
54%
7.7--
A-O
J-D
56
106% 106%
assented
AExtl
A7s
55 Vi
106%
M-S
A-O
A6s
75%
54%
A-O
.1952
Stamped pursuant to Plan A
(Int reduced to 3.375% )__.
75%
J-J
A-O
A Chilean
Stamped pursuant to Plan A
(Int reduced to 3.375%)
AExternal s f 6Vis of 1927
75
102 y8102%
M-N
AGuaranteed sink fund 6s
fABrazil
102%
1960
A6# assented
A Chile
A-O
101%
98
100
♦lOOiii 101
1960
ARy external
a
6
63 Vi
97%
5
98 %
98 %
J-D
sinking fund 6s
A 8s
Extl
98%
98
98%
P-A
1942
AExternal sinking fund 6s
'
98%
Jf-8
65
60%
1954
8s
assented
AExternal
— —
j-j
F-A
58
1960
4s
£4-%
59
,
—
1974
of)
A08 assented
Antwerp (City) external 5s
1958
Australia (Commonwealth) 5s_____1955
10-year 3'As
1956
'ry-
__
1950
AExternal sinking fund 6s
A6s assented
AKrtl
45
45
—
A-O
( la 2d
5
93%
45
„_1957
t
AExternal
•j._
IA7s
72
72
93%
*71
7
j-j
AExternal
72
A-O
1968
Akershus
—
65
1958
3 Vis
(Rep)
r.
1957
(25-year)
Acftiifbttd
*63%
65
606S
56%
,
1961
(Dominion
•J*-vear
2%s
Agricultural Mtge Bank
"
Brishane
,>Teletype
Exchange
70
67
3 Via Series No. 30-
Broadway, New York
60
65
3%s Series No. 29.
REctor 2-2300
e65
*63%
3%a Series No. 28.
Wertheim & Co.
e65
J-D
3%s Series No. 27-
Foreign Securities
J-D
3 Vis Series No. 25-
3%a Series No. 26-
r
50 Broad St.,
Telephone IIAnover 2-0050
New York 4, N. Y.
Teletype NY 1-971
7%
25
2,6
(1514)
NEW
Friday
Interest
BONDS
FOR WEEK
High
San Paulo (State)
1928
Oct 1901
Jan 1961
j.j
m
1970
A-O
44
1947
_._1946
1947
1952
1953
1951
1977
A-O
JASlnking fund 7s of 1927
Copenhagen (City) 5s
25-year gold 4'/2s
A Costa Rica
(Rep of) 7s
Cuba
(Republic of) 4%s extl
Czechoslovakia (State)—
gold
gold
70
82
1
70
82'/a
35%
47%
41 Va
79 Va
20
68%
(Int
74
75%
13
63%
22
%
17
12 y2
17
series
24%
108% 103%
secured
A7s
79
21 Va
108%
ASllesia
1137/a
104 '/a
50%
54%
50%
J- J
92%
92
93
78
81%
F-A
89%
88
89%
31
74%
A-O
78
77%
78%
32
64%
Salvador
4s
extl
$„
Jan 1, 1970
J-3
s
f
J-J
3s
f
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s
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Republic extl 7s
French
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1949
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1964
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10
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paid
paid
—1968
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Italian
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Italian Credit Consortium for
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~7
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64
y.
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11
65
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1st
101%
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1977
63
18
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33
40
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37
*__
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52%
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60
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1951
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1986
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27
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191
101%
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68
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1961
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8
94
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74
103
106
106%
9
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113
112% 113%
284
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1963
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84
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—
87
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22
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1968
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_1969
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:
1976
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Buffalo Rochester & Pgh Ry—.
c
;
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-1955
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1960
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45
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--
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35
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56
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--
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46
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—
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page
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101
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s
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92
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s
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1959
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1953
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46
1973
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92
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—
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102
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•
1968
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American
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88
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1950
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•
33
&
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II
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s
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'
1952
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32%
1954
—
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8 6 "4
79
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1957
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36%
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1977
(Kingdom of) 7s
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1947
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53
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1952
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-
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1958
1958
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6
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1979
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1937)—
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1960
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55
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1958
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1968
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47
78
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46'/a
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26
44
44
F-A
Stamped assented (int reduced
to 6 %) extended to
1960
20-year extl 6s
1942
External
1
80
*47
U-N
lADenmark
External
■
**
80%
80
A-O
1927
3s external s f $ bonds
lAColombia Mtge Bank 6%s
SASinking fund 7s of 1926
A7s
80%
A6s of
.
Low
No.
High
Low
Range Since
Bonds
Friday's
or
Bid & Asked
Sale Price
Period
New York Stock Exchange
Jan. 1
Last
Interest
BONDS
Range Since
Sold
(Republic of)—
A 6s of
Week's Range
Friday
Bonds
Friday's
or
Bid & Asked
Low
Colombia
RECORD
ENDED OCTOBER 14
Week's Range
Last
Sale Price
Ferlod
New York Stock Exchange
BOND
YORK
RANGE
Monday, October 17, 1949
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
j-j
»
78%
~
75
75
-
41
79
66
j_j
1999
Central
'
.
90
41
79
of
Georgia
Ry—
>
1995
AGen mtge 4y2s "ser A
z._Jan 1 2020
AGen. mtge 4y2s ser B
Jan 1 2020
Central Illinois Light 3%sJ
1966
1st
J-J
May
May
mtge 4s ser A
*
A-O
59
27
59
59%
61%
61 Va
3
37%
41%
43
*108%
__
61%
37'/2
f08
72
52
108 y4
Volume 170
Number 4847
'
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1515)
27
NEW YORK BOND RECORD
RANGE FOR WEEK ENDED
OCTOBER 14
Friday
n'BONDS
P
Interest
New York Stock Exchange
4
Period
Week's
Range
Friday's
Bonds
Bid & Asked
Sold
Last
or
Sale Price
Range Since
/BONDS
Jan. 1
,.•
f,
■■/ [■)\
Central RR Co of N J—
Gen
New
Central
1987
J-J
1974
Pacific
York
3s
Power
40 %
•-,:.
i.
gold
*104%
3
.
130
F-A
101
130%
v
Ti
:
105% 105%
j-j
*113%,
6
—
>■
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1st
&
ref
1st &
1st
4%s
series
B
1977
ref mtge 3V»s
ref mtge 2%s
&
j-j
111% 111%
107 %
F-A
1983
108%
F-A
108'% 108%
Chicago «fe Eastern 111 RR—
A Gen
1st
inc conv 5s
mtge
mtge 3%s
AGen
inc
*68
69 %
67
M-N
120% 120%
118
A
j-j
Jan 1 2038
mtge 4%s
1988
J-J
67%
68
J-J
49%
50 Vi
mtge 4s inc ser A
A 2d
mtge 4y2s inc
Jan 1983
A
ser
Jan 2003
Chicago Indiana & Southern
1st
78
78
4s
conv
38
40
88
88.7:'.
J-J
98%
98
58%
57
58%
B
ser
Jan 1 2044
Apr
mtge
inc
conv
1st mtge 3s
4 Vis
Jan 11999
B
ser
47
Apr
1989
47%
--
Chicago Rock Island & Pacific Ry—
1st mtge 4s series A
1994
mtge conv 4Vis ser A__Jan 2019
Chicago St L & New Orleans 5s
1951
Gold 3Vis
1951
^emohis Div 1st gold 4s
Chic Terre Haute
1st
&
ref
Income
V
.:-/■=
j-j
Gen
48
48
87%
$
102 y2 102%
100
"
.
■
.
•
.
38%
;
196
88%
•
.
2
102 '/4
100
71
70%
65
M-S
1975
103%
1978
102%
General
gold 4s
General
Ref &
Cin
5s .series
&
Mich
Div
1st mortgage
Cleveland
&
3s
v
r
1961
Fuel
&
Iron
3'As
Gas
4
*95
-
45%
f 3%s A
of
A-O
*106%
M-S
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M-S
:
3s series
Consumers Power
§ A Cuba
1st mtge 27/8s
1st
1st 5s
§ A Deposit
Co
&
N Y
Lack
1st
0
A
&
&
5s
Income mtge
Morris
div
106 »/8
95
105%
113%
101%
103%
100%
104%
,*44
99
103%
93%
;
46
95%
43
27
.
83 V2
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52
68
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99%
,
58
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99%
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2
68
v
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103 V*
,
101%
97
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74
60
101 Va
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49
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27%
25%
30%
31
29
35
j-d
*31
30
35
A-O
102%
j-d
M-N
*105%
A-O
1963
102
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.
j-d
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102%
93%
102%
1055/a
104
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102
13
1993
M-N
If-N
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„
79
*:96
166
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30
303
.
Delaware
1st
Power
mtge
1st
&
&
mtge
&
coll
Light 3s
tr
coll
tr
mtge ser
96%
"
'•
J-J
J-D
y>;
J-J
19%
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J-J
*101
1951
—
lsJt
1951
lines
trust
Div
S.
—1952
goldt4s
«
-21955
--
—1952
3 y2S——
-
i
1955
101%
102%
-
Gold
Registered
v
1st
Joint
1st
1951
J-J
:
•
-
L
&
N O—>•
ref.5s series A
ref 4%s series C—
Indiana 111 & Iowa
^^.1063
.
.
1st gold 4s__„1950
Indianapolis Union Ry Co—
Ref & Imp 2%s ser C
tlnternational
,
i.1970
A
Great
100%
100
lOOi/s
102%
y
*102%
1%
73%
87%
60
48
68%
mtge
A
ser
&
Income
1%
mtge
Detroit Edison
3%s
_1993
99% 100%
101%
94
95%
&
ref 3s series
&
ref 2%s
3s
1993
G
H
see
106
104
104
02%
92
77
86
'95«/2
87%
2
78
>,
92
;
91
2
*99% 101
93
25
Apr
64
67
145
87%
100%
•
100%
98%
>
—1986
Northern
-
*90
J-D
93
RR—
76%
J-J
A-O
77
-
J-J
71%
*
J-J
71%
A-O
61%
M-N
98
Jamestown Frankl & Clear 1st 4s__1959
J-D
66%
Jersey Central Pow &.Lt 27/bS——1976
M*N
1st 6s series
A—
A
Adjustment 6s series A
A 1st
5s
series
-.1952
July 1952
B_—
/
1956
A 1st gold 5s series "C
/i_1956
fAinternat Hydro-Elec deb 6s__
1944
Int Rys Cent Amer 1st 5s B
1972
18
26
56
71 Va
-
78
25
25%
71%
16
59
78
,20 W. 26%
53%
717/s
71%
71%
13
53%
71%
6i%
62
43
60y2
71
98
98
1
66%
;.
67
97
11
'
'100
-64%;
*ioiy2102
K
Kanawha & Mich
1st gtd gold 4s_
1990
77
J-D
Kansas City Southern Ry 1st
1st mtge 4s ?er A.———
1
,;*■->
.1975
-
****
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■-
.
105%
A-O
.1968
'
•
'
A-O
3s_ .1950
79%
*102% 102%
■
J-D
105
.
__
105%
96
iooy4
103
•102 y2
*70
>
J-D
Power
104%
100 i5
.1987
Kentucky Central gold 4s
Kentucky & Indiana Term 4'/2s— .1961
105%
99%
Stamped
.1961
J-J
.1961
87
93
58
67
*102%
*114%
J-J
J-J
.1961
y2S; unguaranteed
Kings County El L & P 6s
Koppers Co 1st mtge 3s
lAKreuger & Toll
5s
J-J
104%
ctfs
—
J-J
.1997
A-O
.1964
A-O
.1959
M-0
-
.
,
■
114%
—
35
'
50
99
2
*
103% 104
1
•
114%
35
100%
108
,108
__
179 % 179%
■
35
98
'
*99
—
—
—.
99% ,102%
,
—
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V
35
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V
—z
101%
103%
28
■
—
A-O ::■•'//■;
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102%
'.7
■
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.
96%
I
;
t
4
92%
_1966
J-J
82
81%
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82
38
107%
77%
Va
Via
•
1
173
180
32
101%
105
46
%
2
107
107%
123
82
107% 110
1970
I
page 29.
j-d
106%
106
106'/a
16
104 Va
1982
M-S
101 %
101 Va 101 %
35
1958
series
conv' debentures.
For footnotes
J-J
100%
92%
95%
..2
'87%
95
fixed
int)
series
Gen
69%
1055/s
—
(3%
Gen
J-J
103
101 i/a
„
<100
100%
J-J
Plain
1979
2018
Salt Lake
contingent
52 5/a
103
106
__
(4Vi%
contingent int)
Denver
60%
102
101%
•101%
„
'
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1st mtge 3%s series B
fixed
contingent int)__
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103
100%
99 Va
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J-D
J-D
J-J
.
^1963
ser
100%
11
,
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103%
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.
_jil963.
1st ref
mtge. 4s ser D
Illinois Terminal Ry 4s
.
89%
77
100
104 >/4
.
101% 101%
J-J
.107%
103
•;
,102
0991/2
■•»•
1st
&
101%
J-J
gold 4s—>---1951
F-A
———F-A
111 Cent and Chic St
102
*100
-1951
Western Lines
•52
89%
88%
103
.100
*102
gold 3y2s—1951
1st
12
105% 106 Va
88%
105%
10J%
100
101%
J-J
gold 3s_—.1951
3%s
101
101
105%
J-J
3s
100
32
J-D
21951-:,
103
14
101% 102%
101%
F-A
-
70
101V2 101%
-
F-A
gold
Springfield Div
106%
,103
1011/4 101%
101%
—
*100%
M-N
M-N
Louisville Div & Term gold 3V2s_1953
1st
102%
101
*35
J-J
2.1966-
——1950-
gold 3s_
M-S
Omaha
Div
6
105'%
,102%
97
3
105%
M-N
^—1953
4s^!
1st
101 Va 101%
A-O
—
81
J-D
30
A-O
1951
& Light 2%s. .1976
lst mortgage 2%s—
.1978
West RR—
(3%
A
60 %
A-O
1977
27/8s„
Denver & Rio Grande
1st
1973
3%s
67%
i
•
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100 i/a
95
66
27%
>
-20
63%
29%
103%
s
division
100%
9iy4:,9i%
66
A-O
y
99%
127%
.
/
3s
Kansas City
80
.:.*'•
96%
121%
/
—
*—
91%
102
90%
v
M-N
—Feb 1957
99%
*127
F-A
.
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-
104>/4
101%
;
94%
98%
102%
__
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94
24
__
■' '
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36
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31
V
1962
5s A
,
3%sJ
gold
Litchfield
z
79
j-d
1973
4-6s
.
RR—
5s
Debenture 4%s
Cairo Bridge gold
105%
102%
,30%, 31
May 12042
Essex
99%
102%
96
" '
__1970 " ;
5s series A
'Refunding
^98% 1021/4
24
Corp 2%s_
f
s
4s—
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101%
94 5/8
5
■*81%
1965
due
&
Tr
96
t
1946
„
V
106%
.
15
.*94
.
C
ser
2
1st
Central
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104%
6
103 y4104
•
.
1965
Western
105%
*102% 103%
J-J
B
68
J-J
mtge 2%8—1970
gold 3y2s
sterlingCollateral trust gold :4s
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1st
104 Va
1948
debs
ref M
103%
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1st gold
1st gold
105%
101
12
j-d
j-j
'
,>70%
62%
100%
100% 100%
J-J
M-N
1978
1969
•
106%
1035/a
99%
J-J
1978
,
-1976
debentures
Illinois
107%
104
101%
101%
1952
ser
104:,'
102
J-D
—1978
11968
1
98
:.'7
*101% 102%
A-O
Illinois Bell Telep 2%s. series AI—1981
•1st mtge 3s series B_
—1978
ioi%
106
10
103%
1942
Delaware & Hudson 4s extended
Delaware Lack & West RR Co—
v
\.
*102% 103%
M-S
3s
2%s
—
111% 112 %
111%
M-N
Dayton Union Ry 3%s
100% 102%
106 Va 106 '/a
.
A-O
receipts
"t *65
A-O
J-J
B_„_«__Jan 2044 "
3s
Household Finance
106%
J-
...
105'/a 105%
106%
j-j
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Deere
98%
102
M-N
J-J
J-D
Dayton- Pr Ss Lt 1st mtge 2%s__i975
1st mortgage
101
98s/8
102
1975
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jA6s series B deposit
receipts
1975
^1969
>tHudsou^fe Manhattan'1st
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100
-
103%
__
__
.
101%
A-O
1966
gold
-
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ser
Peb
94%
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ser
97%
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inc 5s
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84
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95%
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/
.
104%
105% 105%
.
1965
Northern
RR
io§%
debs
3s
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'
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98
104%. 104%
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mtge 3 Vis
Baking
Steel
ref
J-J
Hocking Valley Ry 1st 4y2s_——-1999
105%
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M-S
1968
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4s
ref
mtge
&
Ohio
ctfs
*79
98
Vi 93
,
92%
'
•
1963
Natural
J-J
118%
106%
101%
106% 106%
104%
j-d
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'
124
116
108
:•>
1
1972
E__
106%
F-A
1977
debentures
Consolidated
F-A
1972
D
ser
Mobile &
Extended
*;o6.,
A-O
1982
2010
95
,
92%
110%
120
97%
95
•
-
107%
H
101%
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98%
100%
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F-A
York—
ref mtge 2%s ser A
1st & ref mtge 23/8s ser B
1st & ref mtge 2%s ser C
mtge 3s
96
104%
F-A
1963
95
92%
-1961
1
—
*__
J-J
J-J
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-r
1961
New
Gulf
Hackensack Water 1st
107%
102
*104% 105
1973
1st &
&%ref
46 V
M-S
j-d
s
5
105%
Inc—
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59
104%
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11
123% 123%
J-J
68 5/a
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j-j
Edison
hr
107% 107%
A-O
A-O
Crucible
104%
97
1971
1951
65 V*
,
102%
107% 107%
*118 Va
'
R
1st mortgage
104% 107%
1964
1970
104%
103 y8
45%
89
123%
""
Collateral trust 3%s
,
101%; 101%
1
1951
99
102%
37
105
107%
62%
£
'
1999
Consolidated
ser
Gen
J
1978
Conn River Pwr
;
50%
debentures
Continental
84%
39%
_____1974
■
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„1982
;
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m "87%
14
Sou
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•\
106% 107
107%
M-N
Ss
conv
8
10
;Conn Ry & L 1st & ref 4Vis
3s
71
•
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A-O
1977
1st
59%
80
F-A
1st mtge 3s series L
1st mtge 3s series N
.
106%
■
-57%;
■
36
Ohio-El 3 Vis
Toledo 1st extl 4s
Commonwealth Edison Co—
1st & ref
56
*77
105% 105%
Columbus &
f
58%
■
.
,
104
Electric Corp—
87%
*
' 102
86%
105%
1980
debentures
s
65%
105%
debentures
Columbus &
2'/4s
1
96
A-O
debentures
3s
t
mtge
>83'/a
A-O
Corp—
Columbia Gas System,
3 Vis debentures
3s
71%
1974
&
ser
102%
:■;
79
A-O
1st mtge & coll tr 4s
Columbia
;,82
-88
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Ry—
(stamped modified)
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2s/8s
111
_1977
Southern
1990
mtge
Gdn
—1973
1st mtge 4Vis series C
4Vis
—'
j-d
:
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101%
8
53 y2
102% 102'A
2000
P
Q
1st &
1972
1st mtge 5s series B
&
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ser
102%
99
Co—
mtge 5Vis series A
Colorado
N
ser
Hudson
1950
Terminals
ser
/Gen
106%
106%
Pittsburgh RR—
Union
3y8s
3%s
'
57;
j-j
1982
-
Series D 3 Vis gtd
1st
mtge
Gen,mtge
103
102% 102%
58%
j-j
M-N
1970
79
102
-99
j-j
1991
:1990
Cleve Short Line 1st gtd 4 Vis
Cleveland
Gen
,Gen mtge 2%s
*
,
3a
1977
1st 4s
St Louis Div. 1st coll trust 4s
Cleveland Electric Ilium 3s
2
45%
J-J
100
*110%
j-d
89 Va
__
52
*103
J-J
102%
16
__
*95
-.1993
B
99%
103% 103%
J-J
1976
Bay & West deb
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70%
72
95%
80
105%
*103'/a
52
a
M-S
M-N
;
1973
4yas series D
Greyhound Corp 3s debs_L_
j-d
57
6
99
M-N
General
106 5/8
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17
M-S
A4s conv ino debs
__„__+_1969
Goodrich (B F) Co 1st mtge 2%s_1965
Great Northern Ry Co—
' ■
General 5Vas series B
-1952
103 Va
j-d *
149
81%
81%
M-N
1956
104 5/a
j-d
112%
81
*~I
J-D
101%
1961
1993
1961
60%
97%
i
M-S
101.'
102%
60
M-S
1959
102%
1966
impt 4Vis series E
Wab
F-A
102
81
M-S
1974
9
P
-
1953
;1971
5
102% 103
110%
—
*-_
'
81
J-J
__2000
3y4s
2
F-A
1974
Louis Ry—
St
1st mtge
1st & ref 5s series A
1st
City Ice & Fuel 2%s debs
City Investing Co 4s debs
&
Div
104 % 105
*102%
60%
A-O
J-J
103 % 103%
j-j
1969
J-J
Jan 2013
r_1964
■103% 103%
105
A-O
1st mtge gtd 3%s series E
1st mtge 2%s ser G
A
ser
;_1990
1
*103% 106
Cincinnati Union Terminal—
Chic
iiic:4%s
mtge
1st cons mtge 3%s ser F
1st cons mtge 3'/8S ser G
1st cons mtge 2s ser H
Gen
Cine Gas & Elec 1st
mtge 2%s
1st mortgage 27/8s
Cin
*103
*110%
General Realty & Utilities Corp—
4
t
Cleve
105 V*
A-O
stamped
A Certificates
of deposit
Francisco Sugar coll trust 6s
*
72%
j-j
102%
,_1965
80
66
1962
100
106 y4
102
71
1952
102 Va
.
104
66
-
102
101 Va
A
,985/a
j-j
j-j
-
-49%
102
Firestone Tire & Rub 3s debs
^Florida East Coast 1st 4VaS
*
107%
j-j
1963
100%
46
A-O
Ohio
59%
.91%
1994
j-j
97%
49%
,54
x
100
,
1
M-N
General 5s series C
100
■
.-1965
Gen
•
1963
P-A
il977
1st cons mtge 3y4s ser E
103%
/
:65
105
j-d
j-d
lOO'/a IOOV'8
*47'/4
J-J
147%
•
t
86%
97%
89%
lOO'/a
102
'V
WW
Erie Railroad Co—
51
1994
2% -4V4s
,>
;
b:
96%
1961
1937
;
71
,105
»
94%
i 46%
17
97%
j-d
-1951
1st mtge 3 Vis series F
1st mtge 2%s ser G_
Chic & Wgst'n Indiana conv 4s
1st & ref 4 Vis series D
.
.
105%
Chicago Union Station—
:P.V
,
105 Va
Apr
>
'
.65%
81%
96
/,;102
'(7
87 y4
87.
■48%
80
■? S'eastern Ry—
2%-4y4s
12
47%.
'
■»
j-j
•
186
46%
5
88 y2
—
*150
75
33
2
.
99/7/
Apr
,■
88 %
M-S
73'A
105%
*105 y4105%
46%
45%
25
.
1994
inc
Chicago & North Western Ry—
2nd
40
88
96%
>
< 565/a77%
21
••.
J-J
1
i
—
M-S
120%
.75
7
J-J
1956
32 Va
14
4 Vis inc ser A__Jan 1 2019
mtge
Vis
:
781/4
Pac RR—
mtge 4s ser A
Gen
4
23
101 Va 101 Va
;
High
J-J
99'/2
M-N
34%
64%
1970
1015/8
1985
33%
65
5
1956
■
34%
5
69%
:_1995
5s
111%
98%
94%
J-J
Chicago Ind & Louisville Ry—
Chic Milw St Paul &
108%
'
—1982
Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series
A 1st
3
B__1976
ser
68
65
—
M-N
AVaB-2
& Ironton RR 2%s
68
—
E1 Paso & Southwestern 1st 5s
*
112%
1997
B
ser
109%
6
100% 100 %
99%
99%
1961
:
/
Low
Ed El 111 (NY) ast cons gold 5s
Elgin Joliet & Eastern Ry 3y4s
113%
4
99%
F-A
1970
Jan. 1
No.
East Tenn Va & Ga Div 1st 5s
125.
109%
11
Range Since
Sold
69%
J-D
J-D
Duquesne Light .Co 2%s
>
,u-1958
—
& .Tunnel
debs^
t§ADul So Shore & Atl gold 5s
Chicago Burlington & Quincy RR—
General 4s
Bonds
High
103'/2
118
—
Friday's
Bid & Asked
103ya
104 y4
.
«or
Sale Price
130%
97
r ;,
—
i
*
1995
4s
Dow .Chemical ,2.35s
-102
97
;•
'.7-2
*122 Vi 125 : ;
Det Tol
102
122%
gold
Detroit.Term
105%
100
53
?
ASecond
i
99%
.
17
101 Va 101%
101%
—
Week's Range
Last
Period
Detroit & Mack 1st lien, gold 4s,_*1993
105%
i'
103
—
;
100%. 101 Vi
5
,
Friday
.
Interest
'
New York Stock Exchange
j
,
Low
40%
102 y8
'
■
High
39%
—
102
•noivi 102'/a
M-N
1989
4s
102
IIM-S
j-j
>
-V, <
j-j
series D—_1996
Ref & impt M 3%s series E
..1996
Ref & imp M 37/8S series H
1973
R & A Div 1st cons gold 4s
1989
Low
391
*10558 106 %
F-A
_
Ref & Impt M 3V2s
.
393/4
-
F-A
1974
•1st mtge 3%s ser B_.
1968
Champion Paper & Fibre deb 3s—1965
Chesapeake & Ohio Ry—
.General gold 4y2s
.1992
consol
40 Va
No.
*
Ry Co—
1st & ref 3 >/2s ser A_
2d
'
A-O
3 'As—
mortgage
Central
\r'L0W::. High
t.
.)
i
j-d
111
111
52
98% 1015/a
105% "111'%'
111%
106%
Laclede Gas Light 4%S conv debs—1963
Lakefront Dock & RR Terminal—
" T
1st mtge s f 37/bS ser A
1968
.
M-B
120%
120% 123
•„
J-D
-
-
I
_I
28
*fc
THE
(1516)
COMMERCIAL &
Monday, October 17, 1949
FINANCIAL CHRONICLE
i
NEW YORK
BOND RECORD
OCTOBER 14
WEEK ENDED
RANGE FOR
Week'a Range
Friday
Friday
Interest
BONDS
FtrUA
New York Stock Exchange
gale Price
Lautero
A
1st
Nitrate
1M7
J-D
1W7
Dm
__
.1970
.1904
F-A
stamped
5s
4%s
6s
cons
series
A 4s
C
Miami
75%
59%
61
38%
40%
97
&
1st
65 V*
65%
67%
9
34%
226
93
N Y
70%
N Y &
60
10
67%
72%
N Y State Elec &
41%
tN
&
Steam
34%
34%
341/2
12
30
40
§ A 1st
38'A
37 %
38%
117
32
46%
37%
2
31
42%
34%
M-M
M-M
34 Ve
37 Ve
41%
41
42
67
35
51
51
32
50
52%
refunding
N
56
3!/aS
mtge
3%e series F
55
25
54
58%
59%
31
56
60
27%
28 Va
36
27
29%
Nfagara Falls Power 3 y2s
30%
30%
6
30
A-O
72%
A-O
106%
73
♦102'A
II
104'A 104'A
MS
4s
lb0
105 %
108%
7B
2d
Ref
A-O
80%
2003
A-O
99%
I960
ser
O
&
87%
95
76%
95
Coll
84
80%
81%
99%
99%
19
97%
100%
89%
1
89%
93%
107%
7
108% 108%
1969
trust
3%s
J-D
65%
65
1964
J-D
86
86
86
87%
87%
85
91%
M-m
*50'A
54%
61
61
1972
j-j
100%
97
1966
Metropolitan Edison 1st mtge 2%a_lF74
Michigan Bell Telephone Co—
debentures
65%
*100
J-D
__
*103Vi
100%
103%
*106
103%
MS
♦99%
193j
M-M
102
102'A
10
75
1963
1907
75%
17
107% 107%
1
M-M
*99%
75%
lien
5s
40-year 4s
Prior
lien
ACum
series
series
A-O
4%s
198O
J-J
108%
'
m
J-D
70
§AConv gold 5Vis
ret
1st &
ref 58 series
Mohawk & Malone
105'A
&
ref
&
New
Ref
&
ref
1st
41
53%
1st & ref
70
13
66 y2
74%
1st &
ref
M
ref
M 3s
ref
&
80%
59
87%
47%
50%
816
37%
50
87%
89%
314
75%
89%
87%
83%
42
75'A
89%
25
26%
325
20'A
27%
88
90
53
75%
90
88%
MS
F-A
J-D
<^'v
—
%
160
89%
*54%
115
58%
87
Tel
u-m
50'A
73
^xtW °rl?ans Term 1st
A
68
97%
*104% 105%
A-O
Gtd 4s
A 1st
A
ACertificates of
1st 5 V2 s series A
ACertificates of
New York Central
Cons
4s
102%
1st mtge
3s
Cons
General
98
100%
*86
102'A
deb
Peoria
1
101%
__
M-m
117
117% 117%
K
A-O
104% '
MS
2
104% 104 %
14
99%
103
*103% 104%
J-J
106% 106%
:
lV-'
105%
__
—
105% 105%
*99'/a
103%
6
*75
75
—
13
103%
98
—
118
J-J
103'/a
103% 103%
102%
100%
102% 102%
4-0 '
*92%
ws
*93
94%
94%
94%
6
lb
971/4
96%
97%
39
J-J
1998
F-A
__
1998
F-A
—
I.IIlS98
F-A
iggg
F-A
York Chicago & St Louis—~~~
Ref mtge 3%s series E
._____1980
J-D
73
—
10
mtge 3s series F_.
N Y
Connecting RR 27/8s
1st gold
& Harlem
—..l^l
gold 3 Vis
Mtge 4s
series
Mtge 4s
series
2000
A
B
For
footnotes
see
2043
oige
29
88%
26
85%
101%
88 Ve
86 %
88 %
45
84 «/2
101%
1952
A-O
99% 100 Va
41
98%
102
1985.
J-J
1963
4s
J-D
1960
ext
A-O
100
77
115% 116
Pekin Union Ry 5y2s
1974
Marquette Ry 3%s ser D
—1980
M-M
21
—
series
105%
ref
1974
B
2%s__
&
ref
2%s
1st
102%
&
96%
94%
85'/8
94%
92
99%
95
81%
—1978
»
3V2S
1965
debentures
Steel
1st
mtge
56%
60%
52
52
4
49%-
58
99
1
94%
15
90%
95
Pittston
12
85%
92%
Potomac
100% 100%
—■
__
M-M
*91%
93
-
2
99%
93
99%
100
— _
100
2
90%
~1
100 y4
1st
gen
5s series B
gen
series C
4%s series D__
1st
gen
♦102'A
96
61%
16
104%
103%
116%
106%
110
104 y4
:
1G
F-A
1*02%
*
J-D
104%
104
8%
J-J
106%
101 %
23
8%
103
*99
.J-D
100
J-D
*103%
r-A
*104%'
—
,.
5s
Co
5%s
Elec
Pwr
inc
debs
1st mtge
1962
1974
——1977
1964
3V4S—1966
10C
76'A
12
96%
107
100'A
16
97
108
76'/4
3
75
99
76'A
103
303
9
100%
103
101
1
97%
103
14
81%
J-D
85%
86%
99%
101%
92%
A-O
65 %
85%
4
81
92
86 %
86!/2
4
80%
92
F-A
*108Va
107%
109
—
J-D
J-D
J-J
J-J
3'As—
3s—
J-J
1956
—
A-O
mortgage
4s—
89
101
mortgage
Terminal
113%
114%
A-O
1G
1st
103%
109%
J-J
1st
Providence
105%
108%
100
100
mo
107%
103%
*__
101 v4
100
100
103%
——
--
*99 y2
—
99%
100%
106
'105
106
107 Ya
106%
'106
F-A
1977
;—1983
mortgage 27/aS.—-——,—3984
10
97
100 Va 100%
J-D
A-O
10%
104
105
,
—
*111
M-M
A-O
__
.*109% 113
F-A
7%
104%
7%
*102% 108
M-m
*
103%
101%
—
*103% 104
F-A
Pitts Youngstown & Ashtabula Ry—
*100
J-j
4y»s—1958
50%
,
.
114
107
105 Ve 105%
Consolidation Coal—
Pittsburgh
50
.
13
114
107
105 Vs
*8'/a
2%s debs
1964
Pittsburg Bessemer & L Erie 27/eS—1996
Pgh Cine Chic & St Louis Ry—
Cons gtd 4 series F
1953
Cons gtd 4s series G
1957
Cons gtd 4s series H
1960
Cons gtd 4%s series I
1963
Cons gtd 4 V2S series J
1964
Pgh Cine Chic & St Louis RR—
Gen mtge
5s series A
1970
Gen mtge 5s series B
1975
Gen mtge 3%s series E
—1975
Pittsb Coke & Chem 1st mtge 3y2s_1964
5
92%
F-A
J-J
of deposit
53%
61
94%
M-M
1937
1st s f 4s
Ry
53%
75
91%
*112
J-J
Phillips Petroleum
104
52
94 %
10
103%
101% 101%
101%
F-A
1977
1961
1974
1981
2%s
ref
t§APhilippine
105%
64%
91%
50
;
102%
13
94%
1
26
102%
11
A-O
.
99
&
1st
75
54%
99
14
& Wash RR Co—
5s
1st
107%
73%
52
56%
12%
*105
87
119
99%
54%
*51
56%
56%
106%
99%
93
68%
116
75
6
77
77
F-A
1st
J-J
.
86%
1984
series E
88%
J-J
100%
72%
A-O
series B..1975
4s
110
A-O
Pittsburgh & West Virginia Ry—
1st mtge
4%s series A
1958
1st mtge 4%s series B
1959
1st mtge 4'/2s series C
—1960
New
Y Dock
106 y4
96%
1981
Apr
Pittsburgh
1P97
Y
94%
6
73
1st
83
104
95%
3
66%
N
J-D
1
116
96%
100 Va 101%
9
59%
N
96 Vz
101%
113%
102 % 102%
52
77
104 V2
1
102% 102 y2
147
registered
F-A
.
102% 103
183
3Vis
113% 113%
J-D
Apr 1990
&
104 Va
OO
102%
63%
gold
2
103
58%
3%s
103% 103%
M-M
63
...
103 y2
J-D
57%
coll gold
registered
A-O
1967
63 Va
76%
103%
99%
1971
57%
76%
103
48
—
__
2%s
A-O
Shore
103% 103%
2%s
A-O
IIIII
103%
ref
61%
J-J
A-O
ref
93
¥Z~a
104%
&
50
1997
J-D
Philadelphia Electric Co—
98
88%
94%
77%
102
103%
&
88
95%
104%
52
50
76%
*103
101
104%
74
105'A
101
*104'A
74
107
100%
1st
113
General mtge 3%8____.
3Vis registered
A-O
105%
103
1st
93
1954
100 7/a
105
89%
deposit.".
102%
45
M-m
1968
B
4s
ACertificates
"I' ..1956
depositlllll
_____II~'
-II1956
deposit_I_I
95%
104%
RR^J-J
1
*100
1965
gold 4V2s series C
Philadelphia Co coll tr 4 Vis—
Co—
1954
100%
101% 101%
104 % 104%
1960
A
General
4sZZZ
93 v4
1975
1965
series
Eastern
&
General
gtd
3
1960
3Vis series F
A Income
Phila Bait
.1953
104%
99%
1952
debentures
conv
102
-1952
103 %
*106'A
I-J
debentures—1960
3 Vis
mtge
100%
*101%
J-J
105%
~9
104% 105'/a
161%
J-D
1955
102%
103%
104'A 104'A
99%
MS
1964
98%
*104'/4 105 'A
104'A
MS
1983
,
trust ctfs
4V4s
mtge
105%
1051/4 1051/4
*100'/a 100%
56 %
3 Vis
debs
1978
series
5s
98%
A
coll
23As
105%
100%
RR—
4 Vis
103%
A
J-D
102'/a
J-D
1983
S
sinking fund 4%s
General
102%
99%
11
55
Cent
1982
R
ser
General 4Vis series D
89%
83
89%
102 Va 102%
55%
Mich
3
3s
Pennsylvania
105 y»
F-A
Vis
102% 102 %
debentures
f
s
75%
-1998
3
J-D
105 J/2
95
Pennsylvania Power & Light Co—
81%
Ref & impt 4Vis series aIIII.
-2013
Ref & impt 5s series C
I" .2013
N Y Central & Hudson River RR—
Lake
1930
P..
Oil 3J/2s debsJ
series E
58%
RR Co—
series
J-D
~2
101%
Peoples Gas Light & Coke Co—
A-O
—
4'/2s series D
1981
100 % 100 %
Pennsylvania Glass Sand 3y2s
62%
Gen
J-D
MS
101 Va
105
Pennsylvania Co—
3s
1983
1
*104% 105 Va
income
conv
65
4
67
*97
A3 Vis
70
38
of deposit
Certificates of
Tel
&
Western
50%
4
M-M
1974
105%
105 VB 105 y8
105 Va
J-D
debentures
91
54%
M-M
F-A
101%
J-D
& III 1st s f gold 4Vis
Pennsylvania-Central Airlines—
104 %
101
54
72%
M-m
1954
1986
5
1977
Paducah
89%
75%
*101%
54'A
1907
}g$J
105 y4
1979
debentures
Pacific
%
102%
—
*102%
1868
1961
105%
N
ser
3Vis
89%
75%
89%
r-A
•
105%
102 %
M
series
S'/aS
102%
4
105
,2%s"series Q
107
106
1
105% 105%
A-O
,
105%
105'A 105'A
J-D
1987
49%
.
101
103%
*106%
105'A
J-D
debentures
33
13
1971
3Vis
60%
101
95
1974
70%
88%
Telephone"^ sIIII 19 88
A 1st 5s series C
2%s
J-D
59
68%
16%
105%
96
L
series
11
88%
H.r
/
105
J-D
1970
series
3s
47%
&
1966
I
65
25%
1974
Certificates
3s
ref
87
88%
•
10%
100%
K
61
Peoria
imp 4 '/is series
107
Co—
series
&
Pere
?New Orleans Texas &
Mexico Ry
A 1st 5s series
B
A
3'/2s
79
69
A-O
ser A_. -1960
3s series J
10
•>
13%
105'/a 105%
13%
115%
105
1st
102%
105
Orleans Great Nor 5s A
Orleans & Northeastern"
New
105%
107
*106
J-J
MS
A-O
A-O
Junction RR gtd 1st 4s
Jersey Power & Light 3s
New
99%
—
j.;
105
series
105%
N J
101%
97
-K
__
100%
series
104
debentures
100
•„
*__
3s
103%
Jersey Bell
102
98%
24
J-D
3s
*105
3s
98%
...
-1979
ref
*105% 106
New
95
103%
__
3s
ref
J-D
gtd 4'/2s series B
3s debentures
95
95 y4
—
101 y2101%
*101%
A-O
&
A-O
1st
——
F-A
&
1970
Tel
88
J-D
1st
~3>/8s debsll974
Tel
61%
72%
-
Ry—
-1974
1986
r-A
England
M-M
1985
68%
J-D
3s
54
MS
debentures
M-M
195a
gold 4s___
101%
A-O
2%s
M-m
2~%s~debsll970
ist
A-C
69%
MS
_
RR
*101%
F-A
*64
A-O
Nashville Chattanooga & St
Louis—
1st mtge 3s series B
1986
New
81
-1978
1st
62
N
Naugatuck
6
24
61
M-M
195a
Nat'l Distillers Products
Nat onal Steel
Corp 1st mtge
National Supply 2%s debs
88
54
-1975
1st
....
Gen
cebentures
87 y4
100'A 101
J-J
-1975
& Electric
1st & ref
Conv
3s
87%
9
F-A
Mountain States Tel &
Tel 2%a
1986
3Vis debentures
___1J)7|
National Dairy Products
J-J
64%
83
64
1958
2000
Constr M 4 Vis series B
11
63
1986
iJ2.hn) & Co 3s debs
rwi? iS8iex series A 3VaS
l8f gtd
Constr M 5s
88%
64
1991
Mnrrf
87%
■
J-D
iggi
B
J-J
88%
Pacific
1980
gtd 4s
21
85%
1949
I
1st
101%
56 Va
80 %
70
1979
Monongahela Ry 3'As series
106%
94%
..
79%
9
1977
A
ser
'
80%
62%
3y4s
3%s
gold 58 series H
MS
.
2
77
J-J
Jan 1967
series G_
J-J
98
G0'/2
76%
1978
1st
107%
97
21
60%
77
J-J
197§
1st «& ref 5s series F_.
A
—~.
-1948
2%s__
Gas
1st
101 ya
83%
47%
■
1969
A
103% 104'A
100% 100 %
mortgage
Pacific
"l-
:
83
A
5s
Champlain
4s
mtge 3s
'
1st «St ref 5s series A
A General
4s
112 y2
105
—
131%
Telephone—
Lake
&
1st
mtge
105%
48%
*102% 103%
J-J
♦Missouri Pacific RR Co—
A
105
s.
J-J
iflgj
D
85
128
111
Oc
102%
*48
%
i»cj
adjust 5s series A
& ref
Bell
mortgage
1st
RR—
series
Q-A
1979
3s
1st
Jan 1991
B
~6
63
1977
1979
2%s
guaranteed
100
98
105'A
'105
J-J
1967
A
109 y4
72
80
102%
bo
105%
'102% 105%
M-M
6-0
Paui & Sauit ttte Mane—
1st mtge 4yas inc ser A
Jan 1971
AGen mtge 4s lnc ser A
Prior
105 Va
62%
1975
debentures
1st
St
Missouri-Kansas-Texas
101 y2
106%
100
99%
M-M'
J-J
1940
Mo Kansas & Texas 1st 49
1
1
*__
Q-F
1978
Oklahoma Gas & Electric 2%s
107
100
107
A-O
Rff & lmpt 4 %s series C
1979
Michigan Cons Oas 1st mtge 3V&S.1969
1st mtge 2%s
1969
8 A Midland of N J 1st ext 5s
Minnesota Mining &
Mfg 2%s
106%
104% 104%
*104%
—
103%
Q-J
1974
Oregon-Washington RR 3s
+
101%
Co—
23As
1st mtge
Edison
1st
1991
debentures
75
97%
103 y«
*111
1975
Power
mtge
tOgdensburg
Ohio
103
100%
Michigan Central—
1st mtge 3%«
2A
62
17
__
130 '/a 130 Va
A-O
MS
2047
4 Vis
1st
§ Alst
100%
__
*100%
M-m
198*
Jack Lans &
Sag 3%s
1st gold 3 Vis
46%
35
14
95
M-M
1999
Corp 1st mtge 3s
33
109%
71%
100%
1966
4s
107%
28
8
——
73%
*74%
2047
2047
5s series D
Northwestern
♦102%
98%
1041/4
— —
101%
101
96
'■
14
40
63 y2
106 V* 106 V*
—
2047
1st mtge 2%s
1st mtge
3s
(Wise)
1971
104%
1997
States
(Minn)
109 y4
39%
*107%
2047
1
Jan
3s
Impt 4%s series A
impt 5s series C
Northern
12
89%
2003
H
series
lien
Ref & impt
gold 3s
3%s
4s
registered
Ref &
*90
inc
registered
3s
5
50
f 3
Pacific Railway-
lien
General
M-M
4-0
J-J
Q-J
50%
11%
101%
Co.—
conv
4'/2s series A
ref
&
Prior
6%
98%
:
104% 105
*63 Vs
101%
F-A
MS
Northern
55 V2
•98%
•
„
MS
J-J
1997
Gen
108 »A
103%
98%
14
1974
123%
104
1
48 y4-
103%
2%
3
34
74
Ry
5s
31
117
55'/a
A-O
mtge
9
*12
2014
Norfolk & Western Ry 1st gold 4S-1996
Northern Central gen & ref 5s
1974
Southern
AGen
101%
3%
*__
Norfolk
102 %
11
104% 105
69%
8%
39%
35
luov4
*106% 107
56
33 Ya
5
V. V
3%
F-A
32%
26%
81
175
F-A
MS
103
—
72%
71
s
101% 101%
3%
J-J
1966
106%
J-D
V-l
Ref mtge 3s series F
120
"5
106% 106%
~8%
101 y*
104%
61
14
High
62%
435
/
104%
*102
J-J
32
—
oj22
A-O
A-O
2003
Manila RR (Southern Lines)
; May Dept Stores 2%s debs
Minn
E
ser
55
1966
;
f
5s
Telephone 23As ser D
Y
27%
34%
12
Low
'
RR—
1937
-1937
—1940
1943
1982
1978
1981
5s—
59%
fund—Feb 11987
s
J-J
4%s
gold 5s.
fATerminal 1st gold
Ref
M
3%s
1977
1963
Gas 2%s
1st 3>/2s
Corp
55
'34%
,
A-O
gold
§ AGenerai
49%
51
1963
Maine Central RR 4%s ser A
1st mtge 6c con 4s ser B
Manatl Sugar 4s sink
3y.s
1993
gtd 4s
cons
§A2d
1981
}*acy (R H) 6c Co 2%s debs
,
MS
Y Susquehanna & Western
MS
1963
A
Atl Knox 6c Cine Dlv 4s
Mead
1st
Putnam
1st mtge
!
1st mtge 23As_1975
& Light
Power
Y
N
30
4s
AGenerai
M-m
1979
6c ref M 2%s
1st
,
J-D
96%
56%
82%
65%
1963
series
7s
1st
M
MS
1955
4s
mortgage
tAN Y Ont & West ref 4s.__June
101%
72
67%
2003
1st & ref mtge 3s
ref
1954
1992
M-m
78
*2
Louisville 6c Nashville RR—
St Louis Dlv
39 V*
98
—
F-A
2003
LorlJlard (P) Co deb 6s
3s debentures
Louisville Gas <k Elec 3%s
M
60%
M»J
2007
4s ser A
Jan. 1
.
Harlem
2003
Electric
ref
J-J
mtge conv inc 4'/2s ser A.2022
River & Port Chester—
1st & ref mtge
1st
81
81
♦72%
—2003
i
is series A
gen
70
75
MS
Lehigh Valley Terminal Ry ext 5a_1961
Lexington & Eastern Ry 1st 5s
1969
Liggett & Myers Tobacco 5s
1981
Lombard
70
75
B
2003
wi
w
A5s series F wl
A
70
MS
94
91%
M-m
series
Range Since
Sold
No.
High
1973
4%S
AGen
2
93
♦99%
81
2003
A4'/2S series E wi
Little
90%
88
31
93%
W
2003
i
w
series D
93
F-A
2003
modified
mtge 4s ser A wl
4%s series B
5s
74%
Bonds
Friday's
or
Bid & Asked
——1973
N Y New Haven & Hartford RR—
Lack & West 4s series A
N Y
2003
registered
stamped
96%
81
1
2003
.2003
stamped modified
4s registered
4%s stamped modified—
Gen
89
93 Vi
Last
Sale Price
High
Low
No.
High
93
r-A
.1964
stamped
5s stamped
.1974
Lehigh Val Harbor Term gtd 6s—1964
Lehigh Valley Ry Co NY 4%s ext.lMd
Lehigh Valley RR—
93%
Perled
New York Stoek Exchange
Low
83%
A-O
4s
Range Since
Jan. 1
Ltd—
Co
mtge income reg
lehigh Coal 6c Navigation Co—
8 F mtge 3 %a ser A
Lehigh Valley Coal Co—
5s
Low
J-D
1171
■ ■
Sold
Bid 6c Asked
89
j
Interest
BONDS
Bonds
Friday's
or
'!
Lake 8h & Mich Sou gold 3%«
3 Via registered
Week's Range
Last
108 y4
102
104%
98
99%
M-N
MS
99%
99%
THE
Number 4847
170
Volume
COMMERCIAL
&
CHRONICLE
FINANCIAL
(1517)
20
NEW YORK BOND RECORD
RANGE FOR WEEK ENDED
Friday
Interest
BONDS
Period
New York Stock Exchange
or
debentures
3s
1st &
.1963
ref mtge
ref
1st
8c
1st
&
ref
*148%
*106'A
104
106%
Friday's
Bonds
Range Since
Sold
High
Jan. 1
Low
No.
103
103
1
High
100%
J-J
48
45%
48%
120
20 VA
19%
21
283
103
41
A-O
1960
16%
71%
104%
—
*103%
J-D
Orleans 3%s__1974
of New
RR
{Third Ave Ry 1st ref 4s
148%
220
103%
U-N
J-D
or
Bid & Asked
Pacific—
Pacific-Missouri
Term
1091/4
146%
215
—
1972
1st & ref mtge 2%s—
Sale Price
Low
105%
107%
*220
Week's Range
Last
Period
New York Stock Exchange
,
High
101%
*108% 109%
J-J
J-D
1979
3s
mtge
Low
No.
High
104% 104%
J-J
2037
JiOSt
mtge 8s—
104 %
U-N
1968
3y*»—
mtge 5s
ref
Jan. 1
Interest
BONDS
Range Since
Sold
Texas
-
1st &
Bonds
Friday's
Bid & Asked
Oo—
Elec & Gaa
Service
Friday
Week's Range
Last
Sale Price
Low
Public
14
OCTOBER
„
Jan I960
Tol 8c Ohio Cent ref 8c impt 3%s__1960
Tri-Continental Corp 2%s debs
1961
A
Adj income 5s
J-D
45%
*—
94
102
99
Jf-S
94
99
98%
100%
108%
110%
U
1964
Quaker Oats 2%» deb.
102%
*102
J-J
100%
R
Oil
2%s
Reading Co 1st A ref 3%8 aer D—1995
193
105% 105%
1
85
93%
102%
Hec
8c
117
119%
1977
1967
1967
mtge
3y«s
f ARut-Canafllan
ISARutland
*s
J-J
*8%
97/a
7%
J-J
*9%
10 %
8%
U-S
97%
102%
1996
stamped
J-J
A-O
*73% 7„
—
J-J
101
101
3
1991
St Lawr
2d
Adir 1st gold Ss
&
gold 6s
Bt L Rocky Mt & P 5s stamped__1955
Bt Louis-San Francisco Ry Co—
,
:
1st
mtge 4s series A
—1997
A2nd mtge inc 4%s ser A—Jan 2022
St Louis-Southwestern Ry—
1st
certificates
bond
4s
*119'/a
—
U
*11
U-S
2d
inc
4s
_1989
bond ctfs
Gen & ref
Nov 1989
gold 5s series A
107 y2
106%
105%
2%s
Rubber
S
2%s
*106 Va
*102% 103%
68
67
1
68
1967
1959
97
1990
A—1955
89 'A
J-J
55%
May
89%
89
55'%
U-N
72
57
83
46%
239
112 y4112 'A
$q1
J-J
cjc;
85%
——
103% 103%
J-J
1st
100
102%
Shell
Union
*107%
ser
J-J
101%
J-J
65%
65 y4
67
1960
J-D
98 Va
97%
98 ya
1974
Oil
2%g
J-D
debs
1971
1965
98%
J-J
Southern
3s
2%s
1st
4%s
102%
105%
100
100
99%
123%
12
100%
106%
2
105 'A 105 Va
F-A
95
94%
101%
100
J-J
103
103
5
97
103%
1994
Ry 2%s
J-J
71
71
1
70
77%
Co—
__1977
A
m-a
99%
/
99
99%
89
48
101%
Gold
4%s
1969
Jf-N
90%
89%
91%
73
74%
95%
Gold
4%s
1981
If-N
87%
86%
88 %
37
75
92%
San Fr Term
1st mtg 3%s ser A_1975
Pacific RR Co—
Southern
*100%
J-D
1st mtge 2%s series E
loag
J-J
1st mtge 2%s series F
1st mtge 2'As series G
Southern Ry 1st cons gold
1996
J-J
1961
J-J
1994
J-J
5s
Devel
&
gen
4s series A
1
I>-'el
&
gen
6s series A
:
Devel
&
gen
6y2s series A
1956
Jf-N
A-O
1996
J-J
Memphis Div 1st gold 5s
Spokane Internat 1st gold 4%s__2013
Standard Oil
2%s
Calif 2%s
of
(N J)
debs
deb 2%s
1966
Apr
J-J
102%
98%
87%
3
85
87'%
-107
107
A-O
49
49
*—
,5
•7
103%
105'A
~i
/'
U-S
56%
28
52'A
49%
97%
101%
99%
101%
'
—
—'
Union
„
-
104%
97%
39
93%
98
51
101%
103
102%
J-J
*100% 100%
97%
U-N
*103% 104%
101%
98%
16
95'/a
102
97
96
97
28
86
101%
82%
82
83
68
647/a
lOT
99 3i 100
100 A
J-J
1960
J-J
1949
J-J
3s
S
B
§ A 1st general
4s
1st
236
100
of
99
100
103
t
4
100
103
103
*
99
*99%
.96'%
100
4
102%
104
112'/a
115%
«
*113
40
75'A
75 Va
76
44%
44
45%
1936
Jf-N
132
78
74%
49'%
•.,36
46%
35%
95%
2%s
1976
J-D
*100
1979
Jf-S
*103%
3'As
1971
J-J
*106% 107%
Lt & Power 2%s
1976
J-J
Power
Service
71%
71'/a
J-J
mortgage 2%s
Public
104%
96%
3
-
ACertificales of deposit
Electric
101%
"
U-S
deposit
§ASu fc Du div & term 1st 4s
1st
ft 101%
98'/a
J-D
1/1
•
86%
Ry—
4s
A Certificates
100
100 A
103 '/a 104%
lp4%
J-J
4
101 '/a
*101
/ M-S
1973
mortgage
Central
Wisconsin
62
J-J
A-O
Wisconsin
.7
M-S
J-J
1st
Co
6
63%
U-N
1958
104%
97
*98
101 v101
May
Wheeling & Lake Erie RR 2%s A.1992
Wheeling Steel 3'As series C
1970
1st mtge 3%s series D
1967
107 Va
52
148
1951
debentures
{Wisconsin
40
99%
1950
4%s
5s
Winston-Salem
103%
53%
99
1951
1960
estate
debentures
104
4
52%
99%
Jan 2014
Westinghouse El & Mfg 2%s
108
102%
53
A-O
109%
Telegraph Co—
25-year gold
30-year 5s
conv
Jf-S
15
1952
1st mtge 4s
real
(c
Wilson
96
55
2361
110
101%
107%
2361
107
104
106%
106'A
Western Pacific 4%s inc A
&
55
99%
99
103% 103%
103%
45
101
49
F-A
107
8
Registered
Funding
92
104%
1
1st 4s guaranteed
/West Shore
Western
99'%
102
106'a 106'a
99 Va
1973
debs
2%s
debentures
9
76%
94%
101'a 101'a
83
64'%
3
J-J
95%
1972
27/as
11
96%
1960
9
97
J-J
67'%
96%
I
West Penn Power 3%s series
23
102% 102%
97%
F-A
1974
69'%
81
-
67'a
104% 105
98
41%
106%
105'a 105%
79%
25
102%
103%
—
J-D
35
*104
Af-N
1971
6
98
79
96
Jf-N
3s gtd
mtge
U6%
:
104
15
26
83
1967
1979
3%s
mtge
Gen
109%
40
*69
F-A
2.65s
*106%
40
114%
103%
—
1
J-D
2%s
108
Jf-N
1970
RR 1st ref gtd gold 3y2s__200O
Washington Terminal 2%s ser A
1970
1950
Ltg 5s stpd gtd
95%
*101% 102%
100%
104%
107%
Co—
Warren
84%
100% 100%
162%
103%
*105%
Apr
Westchester
92%
103%
1017/a
19
114'/4
82%
Apr
Apr
Jan 1881
(subordinated)
debs
77
Swift
Co
Baking
5%s
2
95
103% 104
103%
A-O
1966
debentures
101
Sunray Oil Corp 27/es debs
&
Ward
83%
J-J
St Louis Div 1st gold 4s
1951
Southwestern Bell Tel 2%s debs_._1985
3Vas debentures
1983
Standard Oil
"
90
101
A-O
98'A
101% 102'A
Jf-N
84
86
82%
106
106
106
*__
101%
102
102
107%
*103%
Walworth Co conv debentures 3'As_1976
9
84%
85%
85%
114
U-N
89%
111% 112 Va
112%
66
75'/2
*105
J-J
A-O
G & W 2%s debs_1966
(Hiram)
83%
A-O
1950
A
/ Walker
89%
A-O
1956
100
__
*94
96
85%
84%
*101% 102
inc 4'As series B—Jan 1991
1971
Western Maryland
(Oregon Lines)
95
99
*96%
"
1987
Indiana
Pacific
J-J
93 Va
lf-8
Jf-S
A-O
1st mtge 3%s series B
Gen
debentures
Southern
100
27
'123'/a
Co—
debentures
Southern
99%
54%
123
A-O
1985
Tel 8c Tel
Bell
debentures
2%s
96
25
99%
98%
J-D
1963
58
Gen mtge
100%
13
91V2
99%
6
W
98%
102%
"102
98%
1976
RR gtd
94%
54%
3
15
95
95
Wabash RR Co—
69%
2
98%
1979
Ala
Nor
58%
100%
*48 Va
98%
F-A
Skelly Oil 2%s debs
Socony-Vacuum Oil 2%s
4
74
'100'A
A-O
&
97
1017/a
95%
95%
1973
;
5s
cons
G
1st gtd 5s
Gen mtge 4s inc series A
101 % 101%
1990
i§ASilesian-Amer Corp coll tr 7s__1941
South
__
Jan 2010
debentures
103%
101% 101 %
95%
*102
102%
128
3s
103 Va
100%
8
*102
107%
100%
& Sons 2%s
104%
103%
127
E)
104%
99%
102% 102%
Jf-N
1st lien & ref M 3y4S ser C
92
101
1061/4
7
2%s
M
& Southwest
102%
F-A
Virginian Ry 3s series B
112'a
*103
(Jos
102%
101 %
17
102'%
1995
debentures
ref
&
1st
Va
61%
105
2
♦126
AGen mtge 4%s series A
v
*102
1975
1978
1963
1979
2003
1958
mtge 3s series F
ref
1st &
89%
A-O
1989
Seaboard Air Line RR Co— //;;
1st mtge 4s series A
101% 102%
1957
series B
f 4s
s
3y8s conv
U-N
V & N E 1st gtd 4S
Seagram
'
Cons
101
J-D
;
:
A-O
M-fl
debentures
Virginia Electric & Power Co—
1st <!te ref mtge 2%s series E
86
71'%
Scioto
/
Jf-N
debs
Universal Pictures 3%s debs
76
Bt Paul & Duluth 1st cons gold 4s_1968
St Paul Union Dept 3%s B
1971
■
A-O
1976
series C
2%s
mtge
United Biscuit Co of Amer 2%s
U-S
'
:
1960
101%
10
.v
RR—
Vandalla RR cons g 4s series
Baguenay Power 3s series A
F-A
Jf-S
J-J
99%
100 %
102% 102'A
*105%
12%
1971
ecampcu
1970
110%
*110
102%
10
1941
series
4tts
RR
U-S
1949
series I
J__
3%s
mtae
u-s
1969
4%s series D
J-D
deb
3s
debentures
Ref
mtge 3%s aeries H
1970
Calif
of
Pacific
2%s
Corp—
mtge
U-N
debentures
Union
106%
A-O
1996
Gas
Gen
Gen
Gen
89 %
1973
Reynolds (R J) Tobacco 3s debs
Rochester
89'/a
Jf-N
U-N
A-O
1968
1967
:
debentures
Union
1971
& coll trust 2%s
1st mtge
3s
1975
Co of Mo 3%s
Union Electric
102%
100
101%
101%
104%
__
107%
101
104%
Yonkers
Elec
97%
94
99
'96%
Terminal RR Assn of St Louis—
-2019
Texas
Corp
Texas
&
New
~
deb
3s
*119%
J-J
—1985
-1965
U-N
119%
99%
103%
Included
15
104%
106%
not
delivery sale not Included In the year's range,
d Ex-Interest, e Odd-lot sale
year's range
n Under-the-rule sale not Included in the year's range,
r Cash
included in the years range,
y Ex-coupon.
18
94%
99
2
88 %
97'A
the
Bankruptcy Act.
—
105%
106
106
115'A
20
•
—
103% 103%
A-O
/
a
Deferred
in
the
§Negotiability
Orleans RR—
-1970
.2000
J-D
-1985
96%
A-O
J-J
94'A
97
94'A
A-O
-1990
94'A
100'a
100%
100
22
■
by
maturity.
{Companies reported as being in bankruptcy, receivership, or
or securities assumed by such companies, *
127
97'A
•Friday's bid and asked prices; no sales being transacted
102%
118%
•124% 137
impaired
A Bonds
selllnv
not
sal#
reorganised under Section 77 01
.
during current week.
flat.
NEW YORK CURB EXCHANGE
AND
WEEKLY
RECORD
YEARLY
Oct. 8
following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning on Saturday
whether stock
ending the current Friday, Oct. 14. It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whethe
bond, in which any dealings have occurred during the current year.
In the
and
or
range for week ended october
Last
STOCKS—
New York Curb Exchange
;/
acf-Brill
Motors
Acme
Aluminum
Acme
Wire
Adam
Hat
Co
Low
warrants
Alloys
Supply
'
Ainsworth
Air
Shoe
Surpass
Agnew
Mfg
3%
Jan
American
Sep
32%
Jan
—
9
5'a
400
3% May
1%
900
1% Mar
__
—
10
200
10
10
7%
Aug
Jan
Jun
Jan
Class
10% Mar
7%
7
7'a
3,700
4%
Jun
6%
c%
6%
1,600
5%
Feb
Oct
7%
1
7
Southern
Alabama
Power
4.20%
Airlines
Alaska
Alles
&
Inc
Mar
4%%
Allied
Products
(Mich)
Altes
Corp
common
Brewing Co
Bros
Aluminum
$3.75
Co
■
100
of
cumulative
preferred
Goods
Industries
Mfg
4%
5%
15%
'
17,300
•
—
—
6'a
15%
6'a
—
American
American
50
13 Va
Jun
17%
300
see
page 33.
5%
Feb
Mar
6%
100
6%
?5
49 "a
50%
3,300
45%
Jun
96%
49%
•
97%
100
93%
Jan
7'a
7'a
6
•
99
:
6
Jim
i
Sep
Jan
6'A May
9'%
American
54
Jan
Mar
100'a Aug
6%
50
American
26%
Jan
Class
Jun
7'A
Oct
American
4%
:,•/'„
2'A
74%
74'%
10
58
July
74%
Oct
1,300
6
Mar
8'/a
Sep
150
111
Jan
2
Jun
7%
8
112% 112%
2'A
2%
37'A
41%
15'A
Jun
-
■
1,600
114% May
: 875
2% July
4%
450
27%
Feb
41'%
Jan
40
Oct
Jun
13%
Jan
18'a
Sep
25'A
Apr
13
52,300
July
Oct
15% Mar
3
Jun
5'a
Jan
7'a
Jun
11%
Oct
42%
Oct
29'A
Oct
10%
27'A
11%
1,100
41%
42'%
900
34
Feb
27'A
28%
17%
Jan
125
30
Jun
22%
42
Jun
28'a Mar
8
class a.
;
Republics
,
15
4
32% x33
b
Jan
1
19%
4%
Co
Chem
Jan
1%
300
18%
Products common.
&
Jan
1%
9'a
Natural Gas co com
Potash
51%
l'A
19
preferred
20% July
-
— —
Meter
High
Jun
ft Sep
35'%
3,000
32%
Mfg Co common
Maracaibo Co
American Metal
LOW
1,000
45%
u 3.
n
40%
convertible
American
Range Since January 1
High
15%
Sep
Apr
Jan
92%
Shares
1%
preferred
Apr
91
>
Sales
for Week
»
,
American General Corp common—
5%
50
5
•
.,/
3%
98'a
—
•
common
& Electric—
Feb
98'a
'
Aluminum
Aluminum
For footnotes
common
Gas
45
n
7%
Feb
Oct
-100
Range
of Prices
Light—
Feb
79
5%
•
America
&
2%
70
1
1
common
Power
..
3%
81
■
Investing
Cities
45%
1
preferred
$2.50
convertible preferred
American Hard Rubber Co
American Laundry
Mach
79
1
Internat
Altofer
80
1
Fisher common
Allied
class
3%
50
pfd
Car Co
c
a. I"i
b
American
$2
Great
Bantam
American
7%
Jan
8 Va
6
i
Alabama
_•
common
Beverage common
American
Book
Co
1%
■:■'/
J)
(N
Electric
Ltd
American
1%
1%
•
Aluminum
Jun
Appliance
Inc
Associates
Air-Way
Stores
common
Oct
1'%
5%
1
1%
':
Low
Par
19%
__
Sale Price
Exchange
High
% May
1,800
——
1
Mfg
New York Curb
Range Since January 1/ /
Low
■'
........
Aero
l'a
1
Inc
Shares
High
1 Va
1%
10
common
Stores
of Prices
Sale Price
Par
Last
STOCKS—
for Week
Range
Week's
Friday
Ssles
Week's
Friday
.,;;.////-
14
x33
Oct
25'A
24'A
25'A
3.400
22%
Jun
28'a Mar
27%
26%
27%
2.800
20%
Jun
27%
Sep
v
i
THE
(1518)
30
COMMERCIAL
YORK
NEW
RANGE
Friday
of Prices
Par
common..—
a
Superpower Corp common...
aeries
preferred
,_10O
American
Amer
$6
Low
Seal-Kap
500
11
48,400
750
4%
4%
1,100
6
6
1,000
5% Feb
107
200
II
7% Feb
7%
7%
200
14%
500
6%
6%
3%
3'A
11
100
109 %
108
109'A
6%
10%
180
3%
3,000
11%
22,300
Jun
Mar
8
3% May
Jun
8%
Clarostat
109% July
3% Jan
11%
Jan
11%
11
11%
38,800
10%
.
10%
10%
500
9%
....
8%
9%
9
900
Atlantic Coast Line Co
Atlas Corp warrants
Atlas
16
3%
"-32
Apr
3%
Jun
4%
Apr
4%
Jan
500
16% Feb
42
21
Colt's Manufacturing Co
Commodore Hotel Inc
•
% May
3%
Jan
35
July
51%
.21
Baldwin Rubber Co common
Banco de los Andes—
1
15,900
11
1,200
Jan
6
Jun
4
1,600
5%
Vtc
ext
to
68%
21%
Jan
4% %
.100
Jan
5%
Oct
4%
UtUltlei
6% July
8%
Jan
Consolldated
100
8
Mar
11%
Apr
Consol Liquidating Corp.
Consolidated Mining ft Smelt
100
25
Jun
Feb
15%
July
10
53%
54%
1,500
41
33%
333/4
250
32
4
9%
4%
500
7,700
Jan
55% Mar
Jun
36% Jan
Aug
Gas
1
10
1
1
Ltd
1
~6% "7
13
5
1,400
13%
475
>1
1
200
113/8
200
200
1%
37%'
7%
900
100
•
14%
100
14%
14%
600
7%
13%
3%
•
—*
33%
7%
600
13%
13%
25
2
Sep
38%
Feb
3%
7,000
7%
400
3%
7%
41%
41
42
75%
100
Jan
57
Oct
13
Jun
14%
Oct
Curtis
3%
Oct
Curtis
6%
6%
100
16%
16%
1,300
4% July
15% Jan
4%
5%
700
3% May
•
16%
1
•
Mar
jt.78
Jun
,.22*
s
Sep
Sep
Jan
7
18%
Sep
6
Jan
21%
Co
•
Amer dep rets ord
reg
British Celanese Ltd—
Amer dep rets ord
reg
British Columbia Power
15%
22%
cum
Buckeye Pipe Line
American dgp rets
9% pfd
Calamba Sugar Estate
Calgary ft Edmonton Corp Ltd
625
12%
1,100
5%
5%
5%
1,800
13%
13
13%
3,300
16%
16%
100
5
5
5
100
11%
11%
14%
15
13%
Feb
16
Aug
Jun
34%
Sep
19% Mar
22%
Oct
Apr
11%
Jan
73/4 Sep
11%
Feb
15%
7%
1,400
900
21% Mar
253/8 Oct
3% Sep
13A Jun
8%
Feb
7%
133/8 Aug
53/8 Aug
Jun
43/8
Jan
2
1% July
V
Jun
14%
Oct
14% July
4% Jan
103/4 July
20%
Jan
5
May
11%
Sep
200
12% Jun
6% Jun
22%
7%
16
16
%
5,600
ft Jun
%
Jan
3%
2%
3%
7,700
1% Jan
3%
Oct
7%
—
12%«
Aug
Jan
12% Feb
JP
IN
fll
—
—
—
MM)
1
•
~6%
2% Jun
4% Jan
1% July
—
1
1
Jun
8
22%
3% Jun
6ft
Class A voting
Class B non-voting
1,700
8%
22%
50
22%
Oct
—
r2% July
r2% July
20%
—
Feb
22%
Aug
24% July
X24
*
Sep
Carman ft Co
Carnation Co common
Carolina Power ft Light $5
pfd
Carr-Consolidated B«*cult Co
rets
A
ord
8%
100
7%
Jun
10%
7% July
—IN
Jan
9%, Jan
148% July
148% July
1% Oct
1
1%
8
14%
14%
300
1
9%
9
9%
900
2%
2%
2%
000
3%
Apr
52%
57%
750
Jan
57%
Oct
112% 112%
25
109
Mar
112%
Oct
2,700
2
Feb
Central Ohio Steel Products
Central Power ft Light 4%
pfd
•
•
Century Electric Co common
Century Investors Inc
Conv preference
Cessna Aircraft Co common
Chamberiin Co of America
Charts Corp common
page 33.
2,100
13%
3
3%
1
Jun
4%
5%
~4 %
IN
78
9
3,100
78%
1,300
80
9
9
200
93
50
13%
14
325
92%
95
330
13%
93
100
10
14
100
6%
~3
6%
400
3
3
100
10
3,700
17,800
ft
Jun
3,200
2%
Sep
5%
300
5
Jun
5%
"7%
Feb
6% Apr
1,700
5%
Feb
8%
Apr
550
11 %
Aug
13%
Jan
2%
2%
800
1%
Jun
3%
<:
33/4
600
1%
Jan
63
63
16%
17%
3,200
106% 106%
16%
30
12
12
20
13
t
•
30
14%
12%
12%
~7%
"7%
1ft
I
1%
100
65
Jun
10 %
Jun
Sep
May
19 %
Apr
4%
3%
4% May
106%
Mar
5% Mar
200
,
Jan
102
2.60
(Mo)
...
7%
11%
7
101
; 9
■,
11%
ZIU
ooamon.
D1
"hi/
Jt
;
15%
Aug
Oct
Sep
Jan
6
14%
Jan
34
Sep
n'~'
f
27% July
*
Day Mines Inc
Dayton Rubber Co class
Dejay Stores
Dennlson Mfg class A,
6%
10%
*6%
100
1%
10%
5%
Jun
7%
1,100
1%
Jun
3
22%
Davidson-Brothers Ine common
Jun
32
Feb
6%
Oct
8
Jan
20n
10%
9% May
2,300
14%
Detroit Gray Iron Foundry.
~2%
10
144
14%
13%
~~2
"2%
21%
213/4
-
^
132
Jan
4,900
10
Jun
7
144
144
debenture..
Derby Oil Co common
Detroit Gasket ft Manufacturing.
Jun
1%
Jun
5,600
Sep
Jan
11%
Jan
Oct
144
15%
9%
2%
Apr
Jan
Jan
18
400
Jun
23%
Jan
9
Detroit Steel
Jun
12
Jan
Distillers Co Ltd—
10%
Amer dep rets ord rsg.
Dobeckmun Co common
"9% "9%
Domestlo Credit Corp class A.
Dominion Bridge Co Ltd
1
—*
II
Dominion Steel ft Coal class B
Dominion Tar ft Ohem Co Ltd
3%
1,400
Draper
Corp
..
Driver Harris Co
Jun
143/4
Sep
6%
500
Jan
10%
Jan
3%
15
14%
Oct
Jan
3%
26%
3%
Jan
33%
11%
Jun
15
2'A
1,000
20% Mar
*
9% Mar
Dominion Textile Co Ltd common—
II*
.—
3tj0
57
Apr
10% May
Jun
65 %
23
Jun
32%
Jan
74
64
63
.11
—
Oct
Oct
22%
Feb
82%
Sep
Sep
-
Duke
Power
•
Co
Dunlop Rubber Co Ltd—
Amer dep rets ordregDuraloy (The) Co..
Durham Hosiery class B common-.
Duro Test, Corp comm
6%
—l
•
—1
4%
_•
14%
Apr
1%
41
Duval Texas Sulphur.
Jan
~4
~4%
1,100
9% July
3
Jun
143/8
143/4
800
10% Mar
4%
1,400
7% Feb
23/4 Mar
13
Aug
5%
Feb
15% Aug
.101
Eastern Malleable Iron.
Com
Jun
Mar
3%
Feb
3% Jun
9%
Jan
Oct
4% Mar
13% Mar
2
74% May
9
85%
5
"3
7%
4%
Jan
Empire District Electric I ft pfd
Empire Millwork Corp
Emsco Derrick ft Equipment
Equity Corp common
IS convertible preferred.Esquire Ins
Eureka Corp Ltd
Eureka Pipe Line
100
150
50
Jun
76
,Oct
66
100
39
Jun
67
Oct
1,100
16
,Qct
15
16
77%
74%
78,
1
IN
1
I
—10s
1
1
1
17%
9%
23A
Jan
17%
18%
42,900
11%
~6%
X6
12
"l%
~1%
5%
%
3,600
Oct
Jan
18%
Oct
*
92% July
4% Aug
11
: Feb
1% Feb
13% May
101%
Apr
7%
Apr
13%
Apr
1% Mar
.42%
425
31
Jun
42%
6%
500
4
Mar
6%
Oct
%
.41%
~5%
600
78
10
9% Jan
400
x6%
„
Mar
5% May
10% Feb
60
1,200
12
~1%
11% Mar'
725
8%
2,200
% May
%
Sep
%
,
14
-1
..1
Oct
14% Aug
96
Oct
14%
Sep
Sep
14%
9% Jan
Jan
4
Jan
7%' Jan
10%
Jan
Be
to
(Phlla)..
19%
lis
.—10c
4%
Feb
4%
10%
74%
2%.
33%
2,400
12% Feb
6,100
3% Feb
10,300
21
4%
11%
$2 div cum preferred——
Flshman (MH)
7% Mar
o
76
16.
Fairehlld camera ft Instrument—
93
Jun
37% Mar
64%
1
1
Jan
July
"o
1
Electric Bond ft Share common
First Tork Corp common—.
Apr
2%
Aug
1% Jun
75%
•
*
Fire Association
3
6
26
Sugar Associates—
Jan
36%
100
Apr
Oct
Feb
18
Jan
Jan
700
Feb
75
5% Aug
5%. Oct
36
Sep
*3%
77
Jun
Mar
3
-7%
Jun
61%
'
shares of beneficial int
15
May
62
375
-21
II pfd shares of beneficial Int
Sep
5% July
5% July
300
72%
•
Sep
Feb
Jan
71%
71%
...
83
5% Feb
55
Jun
4%
3%
70%
71%
.101
4% % prior preferred—
9% preferred
Eastern States Corp
2%
3%
Eastern Gas ft Fuel Assn
Electro graphic Corp common
21
35
10
~3
3%
41% Jan
1 % Aug
7% Jan
Jun
1%
Fair child Engine ft Airplane
Faneteel Metallurgical.
100
1
Jun
22% Aug
93
100
1.80
2%
40%
May
X4% Mar
•
II
1
7%
2
1
1
12
12% Feb
2s Id
100
see
3%
preferred—100
preferred..
Conv pfd opt div ser
Conv pfd opt div ser 1929
For footnotes
1%
•
1
Central Maine Power Co—
3.80% preferred
(Central States Elec 6%
1%
fll
Oatalln Corp of America
Mfg Co
28%
3%
Easy Washing Machine Mass B
Ltd—
Amer dep rets B ord
Carter (J W) Co common
Casco Products common
Castle (A M) ft Co
Lighting Inc
Eastern
8%
—'•
—1
Jan
1
3%
$7 preferred series
II preferred Aeries B.
—•-
2.N
Capital City products common
Carey Baxter ft Kennedy Inc
42
31
200
2%
Sep
22%
6% May
19% Jun
•
•
Canadian Industries Ltd—
1% preferred
Canadian Marconi
Oct
Jun
Oct
Oct
8%
8
N
common
Convertible
preferred
Canadian Industrial Alcohol—
7
■
83/a Mar
34,100
5s8a
•
common
Feb
7
17% Sep
2% Jun
3%
"eft
—
California Electric Power
Camden Fire Insurance
7%
25%
12%
I6V4
1
Cable Electric Products
common
Gables ft Wireless—
-
12%
1
S.N
dep rets
Burry Biscuit Corp
dep
__
25
S.St
*
4%
TVvn* % Rftvnn'.ds class
•
Bunker Hill ft Sullivan
Burd Piston
Ring Co
Burma Corp Amer
.Amer
It
23
10
—
„
Brown Rubber Co
common
Bruce (E L) Co
common
Bruck Mills Ltd class
B
Carreras
300
•
—1
Junior pfd
Canada Bread Co Ltd
Canada Cement Co Ltd
6% % preference
Canadian Canners Ltd
50
7,100
7
1
Davenport Hosiery
8%
22%
SI
fll
10a
class A—.—*
Class B
Brown Porman Distillers
22%
15%
Apr
33
•
Jan
43% Sep
Apr
———•
Jan
14%
8% Aug
5% Jun
62
Aug
4%
1,300
2% July
_•
Cuban Atlantic- Sugar common
6% preferred
Sep
13%
12
Jun
4,500
6 %
laie
13%
23%
7%
300
7
17%
3
—I
pertlo.
Mar
50
Jan
ft Jan
11
6%
16%
.1
Cuban Tobacco common......
75
28 %
ft Jun
1
Jan
20%
Jun
Jun
•
Croft
7%
75%
Oct
20
50
35%
Creole Petroleum.
6% May
20%
Jan
Jan
14%
3,800
36
I
Crystal Oil Refining common
$6 preferred
Oct
75
3%
1%
Jun
dep receipts (ord reg)—fl
Crown Drug Co common
61
1#
Jan
2%
ft
11
Oct
May
103%
Jun
10%
26 3/8
35
American
Oct
Jan
Feb
70 %
1,100
37%
Crown Cork Internet! "A"
9
2%
18
..3/8
-
-Aug
13%
Sep
200
37
Sep
6% Jun
9
108
7%
1,150
3
37%
Apr
11%
Jan
35%
7%
114 % May
Jan
14%
convertible preferred
Brewing Co..
Crosley Motors Inc
Crowley Mllner ft Co.
Crown Cent Petrol (Md)..
Mar
26% Jan
:/■>.;
Jan
Jan
9%
Jan
5%
8% Mar
1%
373%
■
109
Courtaulds Ltd—
7% Aug
4% May
1%
—
70'A Sep
600
6%
Oct
14
Jun
11%
37%
Jan
14%
6%
—
'
1
Jun
% May
-1
Reynolds common
preferred class A
Jun
1% Aug
5% Feb
10%
5%
5
1
Convertible preferred
•
Blckford's Inc common
1
Blrdsboro Steel Fdry ft Mach
Co com.*
Blauner's common
1
Blue Ridge Corp
common
X
4%
$1
Oct
9
6%
40
90%
3
--
14%
11
Inc
Coro
Apr
58%
26 3%
Co
Cosden Petroleum common
6
Jun
3
—
32%
27 V* July
1,600
8
88%
89
32
9%
4% July
Sep
5% Mar
Feb
1,100
12%
8
Consolidated Royalty Oil
6
Feb
7
1% Aug
—
"6%
44%
Jun
4
100
12%
Cook Paint ft Varnish Co..
9%
H Aug
33%
Oct
2,700
9
68%
113% 113%
113%
123/4
100
9%
375
.100
series B preferred.
preferred series O.
8%
—1
1
67%
32
8%
Jun
4%
5 %
1
31%
1956
Consol O E L P Bait common
9%
4
shares
2,900
32
Cornucopia Gold
:Vj
33%
8,800
3,200
5%
Jan
Corroon ft
N
1%
41%
5%
5%
Jan
12
Jun
Compo Shoe Machinery—
Sep
1
5%
123/4
40
1
Community Public Service-
33%
1,400
16%
123/4
1
39
1
Colorado Fuel ft Iron warrants
Feb
Jan
9%
54
■■■<■
Oil
Aug
1,600
8%
Locomotive—
British American
Tobacco—
Amer dep rets ord
bearer
Feb
5% Jan
4%
R'.b
British-American
4
Apr
4%
Sep
Sep
Sep
Continental Fdy ft Machine
—
200
10
Continental Car-Na-Var Corp
Breeze Corp common
Bridgeport Gas Light Co
BrUlo Mfg Co common
x4 %
8
34%
Jun
Mar
4%
20
Brazilian Traction
Light ft Power
x4 %
X4%
Sep
2%
Jun
5%
22
.1
43/4
—
pfd
1%
100
900
Colonial Sand, ft Stone Co.
4%
"■
—
Co
7,500
6%
33
5%
7%
%
preferred
cum
2%
31%
Jan
7%
15%
IW.4P
Ayrshire Collieries Corp com
prior
Mar
3%
Jun
850
3%
40%
5%
common—
31
3
5%
Plywood Corp
Automatic Steel Products Inc
Automatic Voting Machine
"ft
30
42
5%%
Jun
17
Jan
150
""%
30
Borne, Scrymser
Bourjois Inc
14
Jun
1% Aug
4
6% July
% Sep
—
Associated Tel & Tel class A
Atlantic Coast Fisheries
common
Jan
14%
3%
10
Co common
10%
1,500
6%
.4
Club Aluminum Products Co.
100
500
2%
2
2%
Claude Neon Inc
Clayton ft Lambert Mfg.
Cllnchlield Coal Corp
13%
15%
2%
2%
3,000
Jun
Bohack (HO)
13%
15%
.11
—
Mfg Co
2,900
6 3/4
Blumenthal (S) ft Co
14% Aug
5%
1,900
—
Jan
5%
93/#
Benrus Watch Co Inc
Benson ft Hedges common
12%
14%
4%
9%
—
common
Jan
Oct
65
5%
Electric Industries—
American dep rets reg
Assarts ted Laundries of America-
pell Tel of Canada
1%
Feb
4%
21
(AS) Shoe Corp
Bellanca Aircraft common
9% Mar
38%
400
65
Jun
5%
24 'A
Beck
-
Jan
.1
Jun
common
Jan
%
Colon Development ordinary.
Colonial Airlines
9%
Jun
Jun
Beau-Brummel Ties
6
Oct
6
143%
ft Co common
6
100
47,600
62%
63%
500
,
4,400
Cockshutt Plow Co oomnum.
21%
Baumann (L)
1 %
Oct
400
Barcelona Tr Lt ft Pwr Ltd
8%
8%
1
>
Jan
Aug
17% Feb
10 % Mar
Sep
8,700
,Barium Steel Corp
Basic Refractories Inc
65
Jun
Sep
20%
American
Jun
11%
11%
233/4
preferred
57%
200
11
20
1%
400
15%
115
223/4
Babcock ft Wilcox Co
63%
15
Jan
20%
Baldwin
62%
Jan
223/4
9%
62%
5%
$1.20 conv preferred
Aspinook (The) Corp
Avery (B F) ft Sons
13%
10%
Ashland Oil & Refining Co
Associated
Oct
Jun
14%
Clark Controller Co
5
5"%
10
v-8%
City Auto Stamping.
City ft Suburban Homes
173/e Feb
Feb
1033/4 Apr
1% Jun
800
1
.11
High
10%
.—4
Cities Service common
Low
10
Voting trust ctfs_.
Chief Consolidated Mining.
12% Jun
Jan
_il
Range Since January 1
High
10
113% Jan
non-voting
Arkansas Power & Light $7 pfd—
AP.nrp
6% Apr
5% Jan
I
Cherry-Burrell common
Chesebrough Mfg common..
Chicago Rivet ft Mach.
Chlc&go ft Southern Air
2%
common
preferred
43%
14%
—
Common class A
58
Jan
108% Oct
4% Jan
4% May
6
Anchor Post Products.....
6%
%
Jan
108%
4%
Angerman Co Inc common.
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
—
Angostura-Wupperman
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4 % % pfd—
Argus Inc
—
33/4 Mar
2% Feb
% Mar
Low
Par
High
Shares
of Prices
Sale Price
New York Curb Exchange
Range Since January 1
for Week
Range
Last
*
Sales
Week's
Friday
LOW
U
107
American Thread 6% preferred—
American Writing Paper common..
Arkansas Natural Gas
Shares
3%
tt
EXCHANGE
STOCrS
High
,3%
..
CURB
FOR WEEK ENDED OCTOBER 14
for Week
Range
Sale Price
New York Curb Exchange
-Monday, October 17, 1949
FINANCIAL CHRONICLE
Sales
Week's
Last
STOCKS—
&
8% Feb
12
73%
75
320
57%
Jun
2%
3
1,700
2%
Jun
33%
33
75
25
Jun
13% July
|1 Stores.
21% Aug
5% Mar
13%
Apr
75
Oct
3% July
33
Jan
17%
Sep
Ford Motor Co Ltd—
Amer dep rets ord reg-,
Ford Motor of Canada—■
Olaia A non-voting
Class B voting.
FovA
16of
JB1
5%
22%
5%
.5%
22
:
2,000
3,300
23
4
Jun
5% Feb
17% Feb
23
Oct
Mar
23
Feb
20
Fran®*—
Amer dep rets bearer—
H
%
U
14,500
ft July
%
Jan
THE
Number 4847
170
Volume
COMMERCIAL &
NEW
YORK
FINANCIAL
CURB
CHRONICLE
Week's
Friday
of Prices
Sale Price
Fort
Fox
Pitt
Oo
Brewing
tPeierj
Franklin
10%
1.21
Brewing
10%
9'/a
.
Range Since Janaary 1
Low
900
12
xll
8
1
Blmon h Oo Ine common
>
"
■
STOCKS—
-
"
■
Loto
Par
Oct
11%
Sep
9%
Range
Kings County Lighting common
4 %
Sep
cumulative
King Seeley Oorp
Kingston Products
Kirby Petroleum
Range Since January 1
Low
6%
6%
6%
•
Shares
High
ft!
preferred
Sales
for Week
of Prices
Sale Price
High
Jan
Last
7
New York Curb Exchange
12. f.
8% May
6% Juo
<
2,850
v
Week's
Friday
t.
Shares
High
Low
Par
.—1
14
Sales
for Week
LastRange
STOCKS—
10%
50
23% Mar
18
32
400
,7% Jun
11
Sep
Sep
36%
300
18%
15
Feb
18 %
.......1
J
2%
2%
2%
1,500
2
Jun
1
14%
12 %
14%
6,800
9%
Feb
1
1%
1
Jun
e
9%
Feb
-,
(D Emil) Oo onmrnow
Kleinert (IB) Rubber Oo
~5%
C'-ellman
Alloys
General
Builders
%
1
Oo
,
2,100
v.;- 3%
1,100
3
3
Supply Oorp com—1
preferred
28
conv
500
1%
•18%
88% July
1
Mfg Oo oommon
General
0*
~5%
1%
14% Mar
100
preferred.
5*
15%
92%
-
Feb
Krueger
Jun
8
1
Jun
1%
Jun
3%
Oo
2,300
100
.
500
18%
1
1%
£1
1
10
14%
14%
14%
Laclede-Ohristy
Company
L'Aiglon Apparel Inc
12%
12%
12%
4%
4%
4%
1,600
3%
Jun
5%
Jan
Lake Shore Mines Ltd
12%
12%
12.%
2,600
8%
Jan
14%
Sep
7%
7%
600
6%
Jun
8%
Apr
5%
Jan
300
12
1,000
10
14% Aug
May
Mar
23% Aug
Feb
B*
preferred series A—
—
•
100
General Phoenix Oorp
1
General Plywood Oorp common
50o
General Public Service $6 preferred—*
Georgia Power $0 preferred
•
OB
Yellowkmie Gold Mines
Giant
Gilbert
(AC)
Gilchrist
Co
Alden
Jun
Jun
400
3'/b
7,300
8% Feb
37% Aug
Jun
3%
104%
Jan
fi%
100"
Jan
107
107
107
3%
4'/a
100
Jun
116
105%
Jun
107
Jun
Jan
5%
800
17%
200
18
18
10%
10%
18%
20
5%
,
9%
Line
18%
i
11%
Glenmore Distilleries class B_
1
Globe-Union
B
Ino
18
20
16
2,500
21%
Jan
Jan
Locke Steel
(Adolf) Ine
Class
1% '
l7/a
1
common
300
9%
Jun
2,100
13%
Jan
Gorham Inc
I
Jun
42%
25
35
31%
100
.21
Mar
Jan
32%
Sep
80
Feb
9%
9%
900
7%
1%
47,300
103%
Lynch
49% Mar
82%
9%
6
Jun
100
5
Jun
8
1,600
7
Feb
13
103%
Feb
128%
Sep
1,200
10
5%
5%7
•
__
12%
13
•7
;
stock
125%
100
124-126%
425
134
•
133% 136
39%
550
39'/<
25o
40
26%
2
Brewery
7
120
2ft
26%
V1
•
—
32
50
106%
"7-~,
120'
105% 106%
40%
28%
8%
Feb
Marconi
9
*
Apr
Marlon
Sep
6%
7Va
Mar
9% May
Power
Jun
17% Mar
McKee
45% x46 %
45%
25
•
5
7%
700
14
500
7%
7%
11%
-
McWllllams
Jan
Mead
2%
6
8%
12%
8% July
•'
14%
12
5*
Jan
11
600
90
91
71%
10
68 *
Mar
9Ya
sr
5%
Feb
4
Aug
Middle States Petroleum class A
33
Sep
17%
Jan
133
common
•
I
32%
Jun
225
32 %
32
30 y8
110
108% 109
—100
(Harvey) Inc common
A Refining
Hurd Lock A Mfg Oo
Hussman Refrigerator $2.25
pfd
32%
106% May
Corp
$2 non-cum
Mldvale Co
111% Aug
19%
100
16%
Jun
21
Jan
Mid-West
79%
3,600
68 'A
Jun
79%
Oct
Midwest
4
4%
2%
Jan
4%
Oct
48
48
•
1st conv preferred
16%
1
Hydro-Electric Securities
v
Hygrade Food Products.—
Jun
5%
Apr
"9%
"9%
4,200
2%
2%
3,200
common
dividend shares
22 Va
Jan
Feb
2
11 Vi
3
Aug
Jun
It
Jan
Co
8%
Feb
38 %
Sep
Feb
10
Sep
July
25
Apr
16%
Feb
11%
18%
1
600
"2
_2%
7%
4%
Jan
Jun
19 %
Jan
24%
Sep
2,500
May
1% Oct
2,800
*r2%
7% \"7% X
31% 31%
10
10%
10%
Jun
9
6%
Jun
7%.
Oct
29%
Jun
,32%
Jan
Jun
10%
3% Aug
16%
,
.
"
25
5,600
,
,
7%
93 %
*
4.40*
Imperial
Oo
6%
common
Chemical
6%
7%
7%
1,200
6%
Jun
2%
Monroe Loan
3%
Aug
4%
Feb
17%
9,400
13%
Feb
17%
Oct
16%
17%
1,600
14 Va
Feb
17%
Oct
/100
11%
Jan
13%
Oct
__
17%
17%
ft
2%
2%
3,100
2%
Jun
<"
I
12%
12%
12%
8%
International Cigar Machinery——.*
119%
,
88%
98%
12% May
.
Jan
600
Jun
98%
•
Oct
400
10%
Jan
13
Jan
63
coupon
*
100
*
21%
shs
21%
shares
9
8
9
*
21%
20
Sep
22
6%
Jun
11
liv*-
6%
Jun.
11%
■
10
*
International
Safety Rasor B
Royalty-
%
1%
100
11%
n%
'% '.:h
8% Mar
400
% May
1%
14%
14%
100
•
5Va
.5%
r:
%
Fireman
Mfg v t e
Irving Air Chute
l
Italian Superpower Oorp com el A
"5%
—
1%
5,100
1%:
.
2,800
*
13 ■'/:
*
Feb
13% Aug
3% Mar»
.
%
200
Jan
Muter
Co
common
1
1% May
17;
Jan
Naehman
Preference
Julian
A
Inc
Nauxin's
•%
Apr
National Bellas
Hess common.
1%
Jan
National Breweries common—
1
Kansas Gas A Electric
T*
pfd
Co
Kawneer
Fuel
Inc..
1%. Jun
4%
Feb
6%
Jan
_•
Kldde
la
Kennedy's
(Walter) A Oo
Kimberly-Clark Oorp—
5%
Jan
National Steel Car Ltd
3Va
100
Sep
July.
3%
Jan
4%
Jan
20%
Jan
4 % *
referred
For footnotes
_
see
page 33.
*
lft
•
1
30o
National Radiator Co
Transit common
National
National Union Radio
(Herman)
Nestle
9%
Le
Mur
Co
2%
Sep
Sep
127
May
New
Jan
95
July
100
17
Mar
300
24
Apr
30'
Aug
500
Jun
10%
Jan
10% July
7
Jun
13"%
Jan
12%
Jan
13
30
7%
25
14
Oct
Ne^
Haven
yy4
Jun
13
100
11%
50
9%
350
6% July
11%
400
9%
•
Feb
<
9%
Sep
Jan
Sep
12% Mar
105
8%
7%
Oct
100
2,300
May
300
10
Jun
.4%
500
3
Mar
: 3%
12,600
13
36
270
4 6 %
Clock
A
Watch
2%
29 % Mar
36
Oct
Jan
35% Aug
Jun
10% Aug
11% Jan
10%
2,500
8%
100
1,600
9%
Jun
11%
Feb
6%
Jun
10%
Jan
9%
6%. .7
V
*
7 % " '! 8 % :
7%
.7%
1,200
400
5%
Jun
Jun
7% May
9
Jan
8% Mar:
18%
2% *
2%
16,300
Sep
1,200
Jun
Sep
3% Mar
2%
Sep
4%
6%
Feb
13
Jan
Oct
93%
1%
20
2ft
1
1
Park Mining Co
—
,4%
13
15%
15%
200
12% July
5%
1
A jArisona Land
Co common
Jan
July
2%
w-100
Co
convertible preferred
Process
Jan
4
12%
New Jersey Zinc
New Mexico
6%
2% Mar
14 %
Jan
New
100
11%
10
.
10%. 10%
"*
15%
Ingland Tel A Tel
Feb
104,000
9i
Sep
Jan
Feb
29%
6%
7
1
common—
12%
6
14
10%
33%
103%
25
102
35%
10%
Corp.
Neptune Meter common.
K
11%
9%
Sep
—1
National Rubber Machinery
3Ya Aug
117%
I
Key Oo common.
28%
3%
10
Gas—
100
4%,
1,000
34
900
14;
4%
•
31%
4
35%
4
100
-
14%
preferred
Nelson
Calsex-Frazer Oorp
Jun
13
4%
3%
18 y«
;
10%
9%
: 3%
5%
Kokenge Oo.
<
1,000
11%
10
common
3%
3%'. 3%
13%
7% X 8%
JLft
Corp
400
4';
4%
N
!
-"5%
.
Jan
Jun
24%
•
5%
Sep
37 Ya
3%
167 % Mar
Jan
A Stores common
1
National Pressure Cooker common——!
„
185%
Jun
1,000
Jan
National Mfg
Jefferson Lake Sulphur Co..
Jim Brown 8tores eommoi
80
4%
'.29
12% July
National
.
179%
102
102
10
——Mt
common
Company
National Malllnson Fabrics
„
Sep
Sep
2% Aug
'30%
Vernon-Woodborry Mills
—I
Mfg Co
*
Muskegon Piston Ring common
2J0
7*
jeannette Glasa Oo common.
98
104%
Jan
4,900
•
International Products
8% Mar
3% Mar
12%
Mt
Aug
Feb
Sep
x4
31%
A Tel..
I
Oct
Sep
177
•
13%
Muskogee
International Metal Industries A
'
Murray Ohio
Aug
47
75
*
60
——
-10
Producers
Apr
31%
30%
'
4%
States Tel
"2%
July
May
2%
200
•
!l0o
Mountain
Sep
119%
600
12%. 12%
59%.
50
Petroleum
Society com class
Ward A Co class I
Mountain
Hydro-Electric—
Preferred $3.50 series
Registexed
Jan
110
96% <96%
118
118
~2%
25
.IN
Mountain States Power common
£1
International
Montgomery
98
86
98
98
98
JUBft
pfd series B
Moody Investors partlc pfd
Morris Plan Corp of America-
-
A Ireland
International
cum
pfd
cum
4.80*
10% Jan
16%
-«1
Indianapolis Pwr A Light 4* pfd—100
Insurance Co of North America.
10
Iron
5% July
1,450
Industries—
Amer dep rets registered.
Imperial OH (Canada) ooupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
Investors
7%
102
Feb
7%
Corp
3% Mar
Jan
24
Monongahela Power Co—
Zinc
S^p
10% May
19
Monogram Pictures common.
Illinois
2%
Jun
Mar
18
--
—BOo
common
Public Service common
Molybdenum
Oct
Jan
1% May
9% Oct
Jun
1%
500
17%
18%
convertible preferred
Missouri
9%
9
— —
*
Jun
10%
Mar
6%
6% July
50
10
11
11%
•
10
80
Mining Corp of Canada
•
Minnesota Power Si Light 5% pfd— 10ft
100
Mar
6%
--
60s
Co
Jan
4%%
6
48
*;■
3 V*
425
2%
10
*
common
Wohl
Jan
Products—
Jun
48
Jan
29%
•
Abrasive
OH
3,800
;
-
Jan
3%
1,100
~9%
Miller
'2%
I
110 %
t c_l
Oct
1%
2%
Sep
3% Mar
3,200
1%
Sep
-16%
16
-
•
Apr
6
Aug
7%
7%
200
"
2%
July
% May
5% May
9 %
Jan
274
27/a
1
1% Mar
6%
1%
Apr
*
common
Jan
1,000
8%
7 Va
43 ?
150
48
warrants
Jan
Jun
8%
4
6
800
Sep
Sep
Sep
33,
9%
4%
7 %
Midwest Piping A Supply common
Mid-West Refineries
-
Sep
15%
300
.
1%
pfd
Midland Steel
Oct
6 VB
7%
1
t c
West
19%
78
•
v
Oct
155
Feb
Middle
40
45
9
Corp
Midland OH Corp $1 conv
78
_5
Oil
10
155
Class B
42% May
17%
Jun
6%
300
1
Jan
Jun
Mar
Jun
13%
14,400
—5
3
155
4%
5%
*
lft
100
Aug
Sep
2
Jun
3,000
4%
2.60
3%
•
1%
1%
6
3%
Aug
7
Sep
1,200
II
Mlcromatlc Hone
12'%
4%
Jun
34
200
14%
-Us
Jan
39
Feb
107%
"7%
14
1
Apr
25'%
Jan
11%
75
100
Co—
11
Baking Oo
Hubbell
Huyler's
preferred.
Iron
48%
50
4,000
.1
Jun
100
17%
39
—.
Jun
31
Jan
19 %
2%
Co
7"%
31-
1%
~7%
39 Mi
xl2% xl2%
17
38
II
200
•
8%
Jun
25% July
Co.
250
IS
6,500
17
38
Dredging
8%
*
A Co
stock
1,200"
8%
'41
Feb
Jun
Feb
—
8%
40%
40%
1%
.1
1
Inc
Oommon
8%
1
10
Jan
2%
Feb
4%
1,000
6
_•
0
A Oo class A
38
5%
_1
common
Michigan Bumper Corp..
Michigan Steel Tube
Michigan Sugar Co common.
8* preferred
May
8% May
Sep
Jun
2%
Participating preferred.
74
71%
5%
.10
Metal Textile Corp common-
Jan
11
96
27%
Feb
Chapman A Scott Corp—
6%*_A
Mesabl
Apr
13%
5%
.10
common.
Mfg
Apr
2%
J1
common
A
Feb
14%
31
May
96
10%
94%
96
100
preferred
Co
Apr
13
100
14%
8%
13%
Marine
Warrants
Sep
Jun
Merritt
Oct
10% Mar
r
200
12
2
100
Hollinger Consolidated G M
Holly Stores Inc
Holophane Co common
Humble
Apr
Feb
Jun
'
A Hardart
Feb
-12
12
•
common
Oct
Jun
4
Oct
Jan
JaD
10%
common
Johnson
Menasco
July
10%
15%
Jan
-8%
:
150'
14%
Jan
2%
8% Mar
14 Va
July
6
400
600
14%
preferred
(AG) & Ce class B
x50%
11
600
14
*
:
1,700
11%
Jan
Jun
1% July
l,bU0
10%
13%
13%
25c
common
2
1%
10%
1
common
300
"•
~1%
1
Mfg
*4% Jun
■>•44%
220
1%
1%
i
Heller Oo common
Horn
Oct
Feb
113
25
8%
12%
Co
Shovel
Corp
$2.50
<
25 y«
10% Aug
1,000
12%
commo
International
McCcrd
4%
550
12
11%
8%
convertible preferred.
1,200
-
ft
:
5Mi* preferred w W
4* preferred w W
5%
4%
8%
II %
11%
12%
Communication Co Ltd
5*
•
A
Horn A Hardart
17,300
111% July
Co
(The B)
McClanahan Oil Co
•
A)
25%
Mapes Consolidated Mfg Co
Sep
13%
Service
Manlschewitz
Feb
108
Public
Mangel Stores
Sep
Jun
Feb
Corp
Maine
Sep
Sep
13%
•
Mining Oo
(Geo
24%
M
Feb
7%
102
1
Macklntosh-Hemphill Co
Oct
142
Jun
100
Exploration
Oct
126%
25%
"
100
Brewing Co
Hathaway Bakeries Inc
Haseltlne Corp
Hormel
Oct
3,125
92 y2
25
Feb
Feb
Jan
Tea—
Harvard
Horder's
Sep
103 y2
66%
16%
Jan
Oo
Henry Holt A Oo
1%
Feb
92%
1%
100
Jan
11%
10
pfd—28
Hartford Electric Light
Hartford Rayon common
Hoe (R)
Feb
77%
89%
1%
102
ft
Bridge Oo Ltd
Hammerrnill Paper common
Rubinstein
%
850
89%
•
100
Jan
Hamilton
Class
May
9% Sep
24 V2
Jun
5%
Louisiana Land &
t! Jan
MoAleer
Helena
Oct
9%
Jun
4,900
H
Dept Stores
Sep
26>/4
1
Long Island Lighting CoCommon ctfs of dep
7* preferred A ctfs of dep
6* preferred B ctfs of dep
Jan
43
Massey Harris
Hecla
Oct
27 y2
Jun
3%
Gypsum Lime A Alabastlne
Hearn
26%
Jan
21% Mar
23%
20Vi
__50
Stores Products common
Gulf States Utilities 14.40 pfd
Lamp
24 Va May
50
100
•
uuocery
Hall
300
27%
26 Va
2,700
Louisiana Power A Light $6 pfd
Paper
Western
26%
23 %
Jan
preferred
Grlesedieck
Oct
22%
53%
ft
Northern
10%
23%
Sep
Gray Mfg Co
1st
6 % Mar
.11
45 V
1
common
Oct
Mar
1,100
27%
Jun
Gorham
Non-voting
26
10%
25 %
•
A Pacific
17%
Jun
26%
%
"%
"%
1
Grand Rapids Varnish
Great Atlantic
Feb
10%
10%
Chain.
Jan
class A_
conv
Sep
25
Jun
10%
24%
900
__
Groceterias clasa A.
Lone Star Gas Co. (Texas)
Oct
20
2%
Jun
31%
•
Mfg common
Graham-Paige Motors ft*
Oct
Apr
13% May
9% Mar
■-•'.
*
74%
$4.50 prior preferred
f»**at
1%
1,000
42%
•
B
Goldfleld Consolidated Mines
Goodman Mfg Oo.
7 *
1%
*
Godchaux Sugars class A
17%
'
18%
Longlnes-Wittnauer Watch Co
Gobel
16%
ft
II
Class B.¬
11%
500
Apr
7%
10%
Feb
Jun
Oct
Jun
Jan
Loblaw
*
10 %
6%
Jan
6% Mar
23
Jun
9
Co
Lit Brothers common
Jan
4,200
9%
Oorp common
Llpton (Thos J) Ino 6* preferred
2ft
Coal
Material
400
7%
10%
13 y*
Jun
19
500
9%
9%
Lionel
4% Aug
6% Sep
12% Julv
•
May
20%
7%
Realty common
L» Tourneau (RG) Inc
Oct
3%
4
3,000
20
Lefcourt
Mar
10
4%
17
5%
Jan
Xll2%
50
7%
Lanston Monotype Machine
La Salle Extension
University.
Feb
4
1% July
Lakey Foundry A Machine
Lamson Oorp of Delaware
Sep
95
100'
1
Gladding McBean A Co_
Glen
"4%
2%
2%
•
common
Aug
29%
700
37
~4%
1
Corp
Jan
6%
Jun
100
•
preferred
8y«
5%
7%
36
General Fireproofing common
General Outdoor Adv 6*
pfd
Gerity-Mich
7% Jun
600
5%
Oct
July
8% Aug
23
,
Jan
22
v
5%
Jan
12%
Feb
General Electric Oo Ltd—
Amer dep rets ord reg
General Finance Oorp common
Oct
Sep
10
Apr
6%
•,
—
Oct
Jan
3
14%
,
10% Mar
200
12%
22
'
Sep
Sep
Apr
2%
Brewing
1%
9%
12
1
Stores
1*6
21%
Kobacker
12',
1
Apr
4 Ya
i*
1
9%
II
Knott Oorp common
100
15 '/a
Gattneau Power Oo common—
7
Jan
Jan
—
Klein
10
®®
1
conv
preferred
(Geo A)
Oo
31
High
.
3%
26%
1,200
„
Kirkland Lake G M Oo Ltd
4%*
Fuller
31
31
EXCHANGE
RANGE FOR WEEK ENDED
OCTOBER
New York Curb Exchange
(1519)
5%
800
5% Aug
91%
94%
370
Oct
4,000
78% May
% Sep
94%
1%
2%
Jan
4%
300
3
Mar
7%
Jan
1
4%
16% Aug
6% Sep
"1%
Jan
Jun
67
7%
2,000
1,100
61
7%
56%
6
Feb
11%
Apr
1%
1%
2,800
1
Jun
1%
Apr
65
Apr
56
57
75
Jan
THE
(1520)
32
COMMERCIAL
&
YORK
NEW
CURB
RANGE FOR WEEK
Week's
Friday
Last
STOCKS—
of Prices
Sale Price
New York Curb Exchange
Low
Par
N
N
Y
Y
Y
Shipbuilding
Founders
14%
1
102
.100
North
Jun
20
Apr
Salt Dome Oil Co
58,200
7%
Jan
14%
Oct
Samson
94% Mar
X1027/#
750
180
Lawrence
Savoy
98%
Oct
Bayre
Feb
'/*
Jan
9%
Jan
7%
Jan
Apr
%
pfd 100
Northern Indiana Pub Serv b%
105% 105%
105%
1
5%
5%
•
Northrop Aircraft Inc
Novadel-Agene Corp
10%
7,603
6
500
16% v
16
Manufacturing
Steel
Securities Corp
Co
Jun
Selected
10% July
15%
Jan
Convertible
3%
Apr
$5.50
Feb
Allotment
2%
Jan
July
89
101%
Jan
107
5%
Sep
13% May
Aug
ll5/#
Jan
Sentinel
19
Aug
247«
14%
1%
Corp
"2%
2%
stock
5
21-/2
20%
217#
3,150
25
88%
87
8874
350
Ohio
Brass
Ohio
Power
Oklahoma
Old
4'/a%
Poindexter
Oliver
United
15
Distillery
class B_
5% %
1st
6%
1st
Apr
16%
Sep
Jun
22%
Jan
Simmons-Boardman
9%
9%
1,100
6%
Jun
9%
Oct
7%
300
6% July
3674
2,300
32% Aug
36% Aug
31%
317a
100
29%
Apr
33%
102% 10372
72:j
100%
Jun
98
150
94
Jan
98
Mar
1674
100
15
Feb
19
May
23%
Jan
26
July
37% Aug
3%
3
"3%
13,300
7 A
7
77t
14,400
24%
Jan
157#
Jan
52%
Jun
80
Jan
2,703
3
Jan
Penn
Traffic Co
Penn Water & Power Co
Pep Boys (The)
Pcpperell Mfg Co
<fe
20
2.50
Rubber
common
•
1
Scale
Prentice-Hall
Pressed
Service
$5
500
900
97a
97a
—
4*
jl
15%
15%
'
-
300
2,200
Jan
8% Jun
z7/a July
Feb
11
157a
157#
100
"213
27/a
~27a
l,4uu
Jan
4% Mar
697#
Apr
Mar
10
3%
Jan
Oct
16
2
10%
10%
900
17a
Oct
Mar
56'A
55%
5674
1,110
54%
Oct
69%
8
19%
19
19%
300
14
Jun
25% Jan
3%
3%
100
~5% "5%
1,900
3%
27#
Jan
4%
4%
Jan
13% May
Jun
6%
Sep
% 85/a
Jan
•
14%
Apr
91% July
95%
Jan
26
38
Jan
8%'
87a
Jun
200
1
1%
17a
174
•
8
774
8
7%
Feb
8%
Jun
300
11
8%
Jun
11%
l7/a
Jan
8%
Jan
2,300
'
r;
2UJ
1%
Jun
7
Jun
9%
100
101%
•
99%
Sep
150
95%
103
94%
900
9974 100
1017a 1017a
64%
67
14%
3%
ll3/4
Feb
Jun
374
Oct
19% Aug
700
300
2,600
2274
Oct
Jun
1874
Oct
53
300
3 %
Jan
Jun
11 Apr
10%
600
14%
Jan
67
Oct*
105% Mar
15
Sep
~5%
Corp
Manufacturing common
South
Coast Corp common—
South
Penn
Bouthwest
4.56%
conv
4.48%
4.32%
preferred
Southern Pipe Line
11%
Jan
10%
Jan
Jan
lOl'/a
Jan
5%
4,600
47a
Oct
774
200
220%
Juiy
24474
Oct
3%
Feb
12%
13%
Aug
Jan
93
U
27a
9
9
3%
3
Oct
% May
Jun
500
3%
17#
Jan
37a
Feb
9%
Oct
672
1,800
—
Jun
272
1,500
30%
—
13%
2%
1,500
9%
3%
29
29
2672 Mar
Jan
2,900
Va
u
3
Jun
8%
8,600
Jun
Jan
May
18
Jan
Jan
45
May
Jun
14
37
—
37a July
36%
25
44
Btahl-Meyer Inc
44
29 74
29
29 74
307a
30%
31
29 7a
29%
2974
1,600
2674 Mar
3074
26%
2672
1,100
237a May
26% July
—
20
2774
1,900
Apr
Mar
28
800
29%
Feb
31
Sep
672
Sep
Jan
4
3574
347#
357#
167a
1772
26
300
Jun
39
Jan
1374
1,400
17'A
July
Feb
17%
Oct
Oct
Jan
274
.
3
300
27a Mar
4%
2%
37a
47#
100
374 Jun
4%
7a Jun
74
7#
500
8%
8 V2
600
2 5
Jun
18 V4
18%
200
16
Jun
3%
372
1,000
2.7
Co
87#
Standard Cap & Seal common
Convertible preferred
10
Standard
Dredging Corp common
$1.60 convertible preferred.
——20
'''x
—
27a
167#
—
Jan
Jun
1 ./■ Aug
974
May
19
_9%
Forgings Corp
(Ky)
Standard Oil
3%
"972
100
8
Jun
347a
35
10
3572
2,800
2872
Feb
,357a
37a
372
31,300
1%
Feb
372
374
500
17»
Feb
374
90
1127#
Jan
c
3'/4
3
150
150
preferred
150
Oct
21% Feb
43A Mar
10%
Jan
Oct'
Oct
Sep
Oct
150
77/a
Jan
37#
Feb
3%
3%
37b
1,900
57# July
23/4 Jan
Standard Tube class B
27a
2>/4
2%
2,200
2
Jan
2% Mar
Starrett
4
4
4 7a
1,900
27#
Jan
474 May
Products
Co
Corp
(Theyfcorp
teeLCO/^f Canada
77%
Sterling Aluminum
Products
77%
7772
50
677#
Jan
24
24V2
100
197a
Jun
117a
com
Sterling Brewers Inc
{Sterling Engine Co
Sterling Inc
Stinnes
10-%
Oct
Jan
Jan
774 July
17* Aug
4,600
% Mar
4
1,100
27a May
4%
200
97a July
78 Mar
1474
Oct
27/a
Apr
Sep
Oct
4
3%
1372
13
17a
Corp
& Shop Inc
Stroock (S) 6t Co
97# May
572 Jan
500
117#
77%
24 Va
15
"% "l
Co common
(Hugo)
600
772
247z
& Co comnron
Stetson (J B)
7%
— —
1%
2
1,000
200
lO'/a
Feb
17%
133A
1,300
107a
Jan
13 3A
4 72
300
4Va
""
17%
4%
17%
——
common
Sun Ray Drug common
1772
100
2%
"
1774
12%
Stop
27a
1,500
25o
;
Jun
5%
Jan
--
„
Jan
Apr
18
274
Jun
3
Jan
77#
Superior Portland Cenent, Inc
Superior Tool & Die Co
Jun
11
Mar
14
Aug
Sep
Jan
Apr
257a
Southland Royalty Co
Speed Queen Corp conv cl A
Spencer Shoe Corp
Standard
Jan
2974
244%
25
cum
Standard Brewing
May
87
25
-25
25
25
preference
conv
May
4%
Edison—
preferred
preferred
preference
cum
16
5
13
10
Line—.
Pipe
original
4.88%
Jun
27a Mar
12.50
common
California
Southern
5%
Pa
Aug
238
241
•
Manufacturing Co
Oil
Jan
15
27
1
1
1
1
Boss
20
Jan
3'A Jun
100
SSolar
Sonotone
10972 July
11%
14%
3 %
1
101% Aug
21% Jan
Swan Finch Oil Corp
•
12
11%
12
S
10%
10%
11
10
com
7%
6%
Jun
250
77a
9
Mar
2,300
5
Jun
12%
Jan
7% May
1
Technicolor
Inc
Power
&
common
•
993^
"1100
155'A
.
preferred
Quebec Power Co
Shovel
Thor
Corporation
Thorofare
93%
154
9974
15574
340
70
•
85%
Jan
143%
Apr
13% Aug
99%
156
Oct
Sep
14% May
Tllo
Rooting
Tishman
Tobacco
Co
100
31%
1474
—3
13%
122
122
14%
10%
25c
Inc
—
Construction-
&
Allied
—
•
;>
70.
300
200
10'A
,
Jan
1U%
Jan
Oct
32
15%
Sep
Feb
128
120
May
13
Sep
177a
Jan
8% July
133A
Jan
Feb
137a
Sep
10%
Jan
700
7% July
1072 Jun
137a Aug
170
■
—
52
80
„
87a
600
1274
78
78
26
700
5,000
1474
—
.
127a
1
•
Stocks
/
14%%
8%
87 a
Tobacco Security Trust Co
32
122
14%
5
common
Inc
Realty
&
pfd
common
new
Markets
32
"•
common
Light 7%
Thew
[
#
Tampa Electric Co common-.
Texas
6%
64%
13'A
Light—
Manufacturing
Oats
18%
£ 1
Paper Mills
(Howard)
Feb
5% Aug
11
Jun
10%
Smitn
Steip jiV)
Jun
11%
1
1
•
100
Solar Ah craft Co
Standard-Thomson
14
39
100
22
18
•
Simplicity Pattern common
Simpson's Ltd class B
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec Co—
3.90% preferred
Apr
Jun
Feb
32
217a
•
$3 convertible preferred-*.
$7
Jun
3174
6,700
18
•
Btandard
1%
1,100
3%
•
Sep
10%
7
Jan
Jun
Publications—
*3 %
36%
6%
Breweries
~2% Jan
100
67/a
Slck's
Jan
4,400
5'A
47a
Jun
2%
lOOr
•
Canada
24%
14
2.50
preferred
Puget Sound Pulp & Timber
Pyle-Natlonal Co common
Quaker
•,
1
25
Sep
15
37%
3%
Jun
%
87#
8%
3
3%
Standard Power & Light com
Common class B
13 7a
1%
Jan
1,400
8
Jan
37%
•
preferred
Si
5% Mar
41%
13%
—
5
1,200
—•
8%
Colorado—
Power
Jun
57/a July
•
of
3
50%
500
13
16
Jun
4
32% Mar
3
Sep
106% May
100
common
prior
Pyrene
3%
557a
54%
10
America
cumulative
Puget Sound
300
l.ano
3
3
54%
2.50
common
Producers Corp of Nevada
Prosperity Co class B
4%%
47a
37%
Jun
Jan;
Oct
1
Providence Gas
Public
1%
100%
Sep
50
common
common
of
300
225
4%
25o
Inc
Metals
10
37%
1
common
Power Corp of Canada
8% 1st preferred
Pratt & Lambert Co
29% Mar
Jan
2
Mining Co
Alexander
26%
Apr
50
RR
Pleasant Valley Wine Co
&
Jan
7
27a
Mar
shares
,
Powdrell
23%
27%
15,100
35%
—
36%
1
Piper Aircraft Corp common
Pltney-Bowes Inc
Pittsburgh Bess & Lake Erie
Pittsburgh Sc Lake Erie
Pneumatic
47
•
Governor common
Pinchln Johnson Ltd Amer
Pioneer Gold Mines Ltd
Metallurgical
—
50o
*
10
27a
>
Apr
Jun
104 % 1047a
•
5%
50
257a
97a
10
May
41
400
28%
1
(Mass)-—.
Pierce
Polaris
25%
28%
•
Philadelphia Co common
Phillips Packing Co
Pittsburgh
—
19
100
4574
28%
2.50
Periect Circle Corp
Pilaris Tire
5
25
100
Jan
Jan
10% Aug
350
23
pfd
11%
17
50
447a
•
Penn Gas & Elec class A
common
Penn Power &
Light 4%%
Jun
Apr
10
4%
--
1
6%
2,300
4%
common
Jan
11%
3
Corp
Apr
4
24
5272
$1 cumulative preferred
$1.32 cum
preferred
38%
11
52 %
common
Jun
23 7a
--
1
Telephone
1%
14%
5
Ltd
Sep
16%
1
Mills
Sep
105
98
•
Pennroad
Jan
7%
35%
—
Corp
Co
Peninsular
87/e
7%
Patchogue
Co
14
--
--
Jan
2,000
Sllex Co common
12%
9%
—
Oct
Sep
%
Ltd
Aug
11
100
Parkersburg Rig & Reel
Patlcan
Mar
11
—*
Oct
8874
88
Sep
275
•
common
(CA) v t c—
(CA) Amer Bb
Plymouth
9'A
217a
May
37a
1% "374
100
of
15%
•
preferred
Pen
Jun
Jun
72% May
°4
America class A
15%
103%
15
374
preferred
4 %
lo%
100
Pancoastal Oil
Parker
Shoe Corp of
35 A
•
Service com
Pantapec Oil
Paramount Motors
Sherwin-Williams
Oct
5
Lighting $4.50 preferred
Pacific Power Sc Light 5% pfd
$1.30
toep
20
—
1st pid
Pacific
Page-Hersey Tubes
Oct
■3IV2
23
common
preferred
Pacific Public
42'%
1W/4
Jan
%
common
15
1
pacuic Gas Sc Elec
Sherwin-Williams
15%
•
1
Pacifc Can Co
Sep
374
3%
Water & Power
Feu
Jun
luo-/4
b'/4
O'okiep Copper Co Ltd Amer shares
Securities
27#
17,300
.
3
common
27 % Juiy
32%
30
1,100
31%
1
Omar Inc
Overseas
30%
30%
Feb
2
100
110
110
100
Gas
Filters
42%
•
common
preferred
Natural
3,200
2%
42%
Oct
Feb
"5%
Bheller Mfg Co„
2%
1%
—1
1
1
common
Safety Control
Serrlck Corp class B
Leather
Jan
1772
167#
1
Corp
Radio
Apr
76
Inc
B;
Jan
2
Jun
15
12,600
~3
1972
Aug
7a Jun
123/a July
2% Jun
100
1%
Jun
1
Jan
2872
10
100
17
Jun
20% July
300
17#
certificates
Bhawlnigan
2%
BOfl
common
Co class B
Jan
1
ShattucK Denn Mining
Ogden
Jan
3%
27# July
15
17a
common
Sentry
SetoD
27#
Jun
Jun
stock
prior
<R
1%
17a
Inc
27/a Mar
1
1,200
237a
1474
1%
Oct
Jan
27#
lu,<uu
24 74
17
Jan
8%
217a
~117a
200
2'/#
1
•
Industries
Bemier
O
High
1,500
1%
.3
1
•
Jun
1% July
3,200
•
Inc
Bros
va
25
common
General
2%
1%
82
60
Scoviil
Scullin
Oct
Feb
13%
700
2
Segal Lock Sc Hardware
Bel by Shoe Co
:
12%
1,500
1%
2%
2
Seeman
100
3
1%
3
14%
4%
2
1
Oct
2%
1%
1
common
Oct
Apr
1,100
—
-25c
(Del)
A)
Sep
28
—
3% May
Jun
1,800
i
Inc
Inc
(D
41%
26%
1,400
872
217#
0*/2
Fisher Brick Co
Oil
Sc
Sep
1 ft
1
common
41%
5,200
2%
Corp
Sep
9%
15
Low
77#
0%
1
Apr
41%
41%
2%
12
Range Since Jannary 1
High
20%
49
Mar
1,100
37%
2%
1
United
Schulte
8'/a
100
1
1
Oct
Jan
1,600
9%
Shares
>
77#
1
Ltd common
Corp
preferred
conv
92%
1,000
12
15
-50
Co
RR
15%
38%
—I
Oil
Airlines
Penn
St
300
41%
Utility Securities.
Texas
Central
Northeast
North
Fen
18
41%
class A—
Rayon
American
13%
14
1
8
Mines
Class B common
North
Jun
9%
9%
14%
—3
Nineteen Hundred Corp common
American
10
12
Niagara Share Corp common
North
32
100
warrants
Nlles-Bement-Pond
Niplssing
Aug
Feb
11%
;
for Week
•
Q
h.
32
14y» 14%
Xl01%xl02%
9774
98%
,
of Prices
Low
Jan
250
y#
.100
Sales
Range
Par
17%
'
—1
optional
26%
8%
Week's
Last
Sale Price
Exchange
High.
11
:
shares
B
Low
1st
Corp—
Niagara Hudson Power common
1st preferred
2d preferred
Class
Friday
New York Curo
31%
.10
Merchandise
Y
14
STOCKS—
7% Aug
'.10
Kosarlo.
Honduras
&
N
EXCHANGE
ENDED OCTOBER
Range Since January 1
High
common
N
Monday, October 17, 1949
Sales
lor Week
Shares
m
Co
Auction
Range
'
CHRONICLE
FINANCIAL
80
11
Jan
Oct
Ltd—
'
Amer
Amer
1
R
Aadlo-Keith-Orpheum option
warrant*.
Railway & Light Securities—
Voting common
Railway & Utility Investment A
Rath Packing Co common
Raymond Concrete Pile common
$3
convertible
preferred
10
1
10
Manufacturing common
Reading Tube Corp class A
Regai Shoe Co
•
Rice-Stix Inc
Rio
24%
23
Radiator
18,500
iff
Oct
10
Jan
250
15%
Jan
19%
Oct
Trans
%
Jun
1%
Oct
Tri-Continental
Jan
True
23%
Oct
Trunz
56
Apr
400
24%
24%
275
23%
600
16%
55%
110
6%
6%
8,003
52% Mar
4% Jun
3%
3%
3%
400
3%
3%
4
1,600
6.21
1
1
Rochester Gas & Elec 4% pfd F
Roeser & Pendleton Inc common
Amer
Rome
rets for ord reg
Cable Com common
Field
Inc
Russeks Fifth Ave
5%
Aeronautical
Ryan
Consolidated
flovnw
For footnotes
Corp
•
„
•
Inc„
—
1%
1,000
% Mar
17a
21%
625
25%
1,100
27#
Jan
preferred
Jan
2% Mar
75
91%
Jan
9872 Aug
Jun
60
II Jan
3,300
■fr
Jun
37#
200
37a
Apr
4
2%
2%
7,800
27a
Feb
27# Mar
19'A
19 74
25
15%
Jun
1872 July
\r
;
1872
Jan
474
600
1974
Oct
24%
Jan
5
800
37a
Jun
778
Jan
xlO
17%
ZIi
78
•
X10
100
87#
Jun
1172
Jan
1
1.100
1372 V
U
1
2
i%
2'/a
23,300
Apr
2%
Jan
95%
96%
130
89
Jan
967a
Sep
21%
21%
100
18%
Jun
27
Jan
$3.75 pfd series A
Union Stock Yards of Omaha—«
1
Jan
700
1%
Jun
1272
1,400
7%
Jan
6%
Jan
98%
275
P?%
Jan
61%
10
17# Apr
37# Jan
Union Oil Co of California—
1%
Jun
Ulen
Realization
Unexcelled
1%
Corp
Chemical Corp
96%
•
Canada
of
£1
3
Gas
Investment Co
United Aircraft Products com
9%
10%
2^000
22%
23%
3,400
77a
10
8Va
500
7%
8%
14,300
8 %
4
22%
8
1.25
~5%
47e
5%
600
•
4%
4%
4'/a
2,409
7
Union
Union
100
1
Feb
X39
Jan
2%
convertible
80c
2%
•
33.
174
100
3%
Jan
300
xl7% July
19% Jun
217a
21%
Petroleum
page
Jun
1,200
Jan
19%
Co
see
tt Jan
%
400
2%
93 7»
98
■
27'a
warrants
*
Temper
2%
U
—
Feb
4% Mar
May
21
1
nnmrnnn
98 74
1
674
Jan
3
2%
-1U0
Corp
2%
10
common
Rvan
*r
2% July
21
3
Rotary Electric Steel Co
Rowe (The* Corp common
Royalite Oil Co Ltd—...
Ryer«nn
Jan
Ltd—
dep
Roosevelt
7%
——
Jun
44^4
44
■
_1JC
1
Valley Gas Co—
Corp) v t c
Rolls Royce
Jun
26
21%
Grande
(Texas
21% July
Lux
—
u
—20
Tung-Sol Lamp Works com
17a
55%
6%
•
19
23
5
Reis
(Robert)
& Co
:—1
Reliance Electric & Engineering——P
7a
1972
V Vff
—
—6s
Shipyard Corp common
Toklan Royalty Corp.;
Toledo Edison 474% pfd
Tonopah Mining of Nevada
174
_•
Raytheon
Richmond
:
19
—£1
dep rets ord regis
dep rets def regis
Todd
3%
"
May..
Jan
20% Aug
x6% Feb
10%
5%
37
Oct
United
Chemicals
Apr
United
Corp
Feb
United
Elastic
87# Sep
United
Aug
8%
Oct
United Milk
67# Jun
4% July
3% Aug
10 V#
Feb
5%
3%
Jun
6%
Jan
57#
Jan
67#
SeD
75c
10c
—8
*
u
1274
12 Va
3
3
-
4
98
6174
.100
-50C
2%
27a
27 a
1,500
& Railways
participating
preferred
IV2
~~74
Jun
May
7
327a
32,400
%
33%
74
Corp——
Products common
5374 May
32
common
warrants
Light
ie
3372
100
2578
Jun
32
3274
15,400
21
Feb
r
32
•
100
Sep
6174
37/#
40
Oct
Jan
Aug
& Jan
Jun
7% May
35% Jun
•
13% Aug
7% Oct
33%
32%
Oct
1072
Jan
21
Mar
Oct
United Molasses Co Ltd—
Amer
TnitoH
3% Aug
dep rets ord regis
w.T
rm
fc
Canal
100
238
238
10
4%
Feb
Oct
24674
Feb
238
Volume
COMMERCIAL
THE
Number 4847
170
&
YORK
NEW
CURB
RANGE FOR WEEK
Week's
Friday
Last
STOCKS—
New York Curb
/,'•
-/r■''■''' f "
■'"
Low
Friday
Low
United
Shoe
Preferred
.
United
U S
U
S
$5
U
S
1st
preferred
Radiator
with
—
3,075
40
Interstate
1,000
13%
143/4
1,700
3'A
3%
3%
1,400
85
83
IIIi
85
.500
2
—10
45
Utah
Power
&
^
;
,
Jan
27%
25%
50
2%
1'*
27%
25%
3%
11,800
2
23%
^
/.
23%
700
21
3%
5
•
—
2%
450
35%
200
24
Jan
50 '/2
Feb.//
July
Aug
21 ye
27%
Jan
1
1952
1952
coupon
1
common
Venezuela
Sep
y24%
Vogt
10
4
~4%
2%
500
273/4
52%
36
21
$21
36
;1966
J-D
$1023/4 105
102'/a
105
.1969
1956
J -J
$108% 109
108 3A
1093/4
F-A
$100.% 1033/B
100
102
*s
Power
Midland Valley RR—
Extended at 4%
to
4%s
40%
.O'',v.
$59
A-O
1963
62
57
65
1967
Jf-S
1033/4
105%
New England Power 3%s___a_
1961
M-N
$105
106'A
104 '/2
106'A
Ohio
1968
a-o
$105% 105%
105 3/e
108
1971
A-O
$105% 106'A
103
106%
Power
1st
1st
3%s
mtge
mtge 3s
Park
Lexington 1st mtge 3s
1964
Pennsylvania Water & Power 3%s_1964
Jan
71
Jun
104% 1043/4
1043/4
Apr
53A
Jan
3
1% May
107/a Aug
Jan
12%
Jan
Hydro-Electric
Vis with Oct
Oct
ex
Public Service
50-year
1
13
Elec
6%.
&
GO
97
Q7
106'A 106'A
1053/a
106%
$106% 107%
105'A
1063A
J-D
J -j
Co—
1940
1
1947
97
j-j
1970
A6Vis
34% Mar
Jun
2,100
2VA
•
Manuafcturing
6%
Sep
3%
~4%
4%
20C
Inc
Jun
61 %
25 Mi
I—1
Petroleum
Syndicate
1,000
•
Vanadium-Alloys Steel Co
Venezuelan
5
65
65
87
54
3Vis
A 6
4%
5
preferred
High
62
94
J- J
Superpower
Piedmont
Corp
convertible
$4
$50
Jan. 1
Low
1963
Oct
33/a
Feb
Jan
87
Range Since
No.
Oct
26
•'
Jun
1947
Nov
ex
1940 coupon
3%s
Valspar
85
86%
j-j
—
Milwaukee Gas Light
Jan
13A
1% Aug
300
;
Sold
High
Kansas Power & Light 3%s
McCord Corp deb 4Vis
6'/a
46%
1
Kansas Electric
Oct
1 Sep
86
.
ctfs
escrow
A 7s
Jun
45
Bonds
Bid it Asked
Hydro-Electric Co—
Altalian
3% Jun
1
Week's Range
or Friday's
Last
Sale Frice
Period
Co—
A7s with Nov
Jan
3'/2
Jun
73
Isarco
I 16% May
V
Feb
2%
3,400
1% f; 2
■
10
Light common
*
:mmmm
—10
Sugar
i
1%
•
Power
ADebenture
413A Aug
83A Feb
% July
12% Mar
125
5'A
43/8
United Stores Corp com..
Universal Consolidated Oil
Insurance
Jun
200
1%
.
Universal Products Co common
Jan
6%
8%
1
Utah-Idaho
52 y8
Jan
P/8
U S Rubber Reclaiming Co
Universal
Apr
Jan
37%
14%
1
1%
7%
360
8'A
8%
'
•
warrants.
common
46%
393/8
-V
•
Securities.
100
45%
453/8
*'
_10c
class B_———.—..
International
and
5%
Interest
,
High
4% Aug
42% May
%
5%
"i.nn'i'
;
1
common
Conditioning Corp
U S Foil Cot
'/'I
10
common.. —25
—25
Machinery
...
Specialities
Air
25c
—
'
Low
Jun
'
——
33
14
New Yorn Curb Exchange
Range Since January 1
'
United Profit Sharing com
10% preferred————4—-
OCTOBER
BONDS'
Share*
High
——
(1521)
EXCHANGE
ENDED
for Week
Range
<•'I';1^«'■''■ Par
<•
CHRONICLE
Sales
of Fricea
Sale Frice
Exchange
FINANCIAL
1960
Gas
52
$49
.I960
$21
coupon
coupon
51%
26
Co—'
debs
1998
Queens Borough Gas & Electric—
: 5%s series A
161
J-J
1952
A-O
1043/4
161
148%
$100%
161
101%
104.%
100%
1043/4 1043/4
101
Safe Harbor Water Power Corp 3S.1981
San Joaquin Lt & Pow 6s B
..1952
Southern
Aircraft
Waco
Wagner Baking
7 %
•
Co
$2
Ward
9j/4
100
Inc
Watch
l3/4
Aircraft
$6
Western Maryland Ry
Tablet
Western
&
1st pfd
(The)
Williams
l'/a July
43A Oct
Feb
1%
% July
10
1973
j-j
1973
FA
$105'A 107
104
105
1970
A-O
$106'A 106 3A
103%
1063A
1971
J-J
99%
101%
1970
F-A
1989
m-N
1950
a-o
1966
a-o
74
74
75 v-.
1946
j-j
40'/a
40
42
1948
a-o
40%
37%
40%
8%
Sep
112
Jan
115%
California
Southern
Counties
1st
Spalding
138
Apr
—
Jun
155
22
300
21%
Jun
26
250
27 Va
Jun
36
100
20 Va Mar
22
Jun
16
16
16
14
Jun
3%
100
2
May
17%
200
8
--
•
100
3'/a
16%
—
...
8
Brothers
Wilson
1
common____
preferred
5%
25
Woodall
&
Lt 4%%
Industries
Woolworth
pfd
May
19
9
8
Jan
5
American deposit receipts—
6%
5s
£1
preference
Wright Hargreaves Ltd——
—
123/8
v:*
I
Last
A 7s
Jun
12
series
Bethlehem
1960
Steel
Edison
Central
States
14
1998
3JAs
Cities
Service
Debenture 5s
Debenture
103'A
103 J/s 104
Q
si
.
1083/4
165
100%
103%
89%
101%
104%
72
92%
57
90
1st mtge
11
104
17
102%
1043/4
31
105% 106 3/4
J-J
J-D
J-J
A-O
'
'
:
•
105%
A 1st
mtge
4s ser
199
11
95%
,
87
Elmira
Water
Lt &
107%
96%
103%
99%
103%
$105% 107%
102%
Ercole Marelli
Elec Mfg
111%
A6Vis ex Nov 1
Af-N
May
J-J
M-S
57
57
413/4
49
5
41%
10
1003/8 100%
27
118% 118%
100%
112%
10
63%
323/4
$50%
1947 coupon— .1953
Mtge Bank—
stamped
—
...
M-S
100 %
33
54
'.
$21
—:..
1963
6s
ser
A
Power
—
(coupon
.1958
on)
50
(Dec
1
$46 3A
45
'/
A7s
(Aug
1941
series F
A78
(July
62
on
103%
5
3
.1952
'64
32%
31%
5
62
'61%
62%
$61
—
'32%
;
.
63
*
106%
ALima
City
Indus¬
11—
Oct.
Util¬
Oct.
13
Oct.
14
65
-
I
Indus¬
Grade
Grade
Rails
;
10
Util¬
ities
Total
Parana
Bonds
105.74
99.47
48.75
37.93
66.30
103.00
104.42
84.96
105.74
99.53
186.74
49.77
38.02
66.98
102.99
104.17
to
Is to 2%s
Interest
to
Government
12%
2
13%
15%
,6
24%
33%
37%
13'/a
33%
46'/a
1997
6%s
5'/2s
M-S
26%
31%
15%
18%
2
30
24%
30
—
2%
J-J
23/8
1
2
3y4
2%
'i;
—
80
24
18 3/a
J-D
2012
-1919
1921
'
61V*
333/4
18 3/e
18 S/8
34
34
75
$31%
__
~i
34
30
J-J
J-J
49%
413A
34
(Plan A)
2%
48
$72
J-D
2008
2 Vis
(ser A B C D E)
reduced
6 V*
$403/4
•
(Republic of) —
Rio de Janeiro stamped
82
70
5
$483A
A-O
J-D
stamped (Plan A)
Interest reduced
Peru
13%
AT-N
•No
par value,
a
transaction
Odd-lot
Deferred delivery transaction (not
(not included in year's range),
2%
10
2
3 3A
Included In year's range), d Ex-interert.
g Ex-stock dlv.
f Ex-distribution.
s range),
principal,
n Under-fhe-rule transaction (not Included In year
(not Included in year's range),
x Ex-dividend,
y Ex-rights. z
ABonds
being traded flat.
SReported In
7
above-"cod," certificates of deposit;
"conv," convertible; "M," mortgage; "n-v,
when issued; "ww," with warrants; "x
-
r
'
'
"
*' '
receivership.
•Abbreviations used
•
r Transaction for cash
Ex-liquidating dividend.
current week.
sales being transacted during
■
4
-
-
-
V
.
"cons"
.
non-voting stock,
vtc,
w," without warrants.
'
-
'
"
•
•
.
.
voting trust certificates,
.
v
.'
Over-lhe-Counter Industrial Stock Average
'
; Oct.
8
Oct.
104
Oct.
„
11
—
105.70
99.45
33.19
High
33.30
Low
102.98
104.19
85.14
105.68
99.49
66.88
102.98
104.03
85.16
105.65
99.45
—
33.54 Oct 13
27.79 Jun
15
Range for 1948
Holiday
Oct.
12
13—
—
Oct.
14.
—
—
33.54
High
37.83 Jun 10
33.50
Low
32.37 Dec
-
66.97
Range for 1949
33.32
Oct.
84.96
Holiday
Quotation Bureau, Inc.
Closing
Date—■
40
84.76
38.32
70'A "83 'A
7%
$45
10
104.41
49.68
3
(35 Stocks)
102.98
49.31
46%
32%
—
32%
J-D
"w i,"
66.36
186.78
37%
84
7%
—
M-N
1947
1947
1931
1972
6s
Mortgage Bank of Denmark 5s
tive;
38.01
186.43
71%
1
77%
77%
$80 5/a
M-S
2008
1951
stamped
AMortgage Bank of Chile
62
48.71
38.05
71%
46
46
77%
Compiled by National
Second
Holiday
—
'
(issue of
62
Stocks
185.36
—
J-J
Jones & Co.
First
Rails
-
High
;
10
trials
Jan. 1
Low
No.
$71%
(Plan A)
(issue of Oct
62'%
ities
roads
12
7s
A7s
37
-Bonds-
Total
Range Since
Sold
High
$71%
I
J-D
6%s stamped.1958
(Peru)
Bank of Bogota—
May 1927)
1927)
Mortgage
62
185.15
10
Oct.
Rail¬
trials
8___
Oct.
15
A-O
J-J
1952
reduced to 2%s
Interest
32
—
10
20
Bonds
Friday's
Bid & Asked
Municipal Loan—
Port & Waterways—
stamped
AMedellin
62%
closing averages of representative stocks and bonds
30
-
or
F-A
60%
Stock and Bond Averages
-Stocks-
Oct.
Sale Price
M-N
31%
4
/:■'
the New York Stock Exchange as compiled by Dow,
Date—
Week's Range
Last
Period
$Friday's bid and asked prices; no
62
62
62%
J-J
.1952
coupon)
Below are the daily
listed
103
Interest
AExternal 6%s
e
58
46
'
62%
$61%
F-A
.1957
coupon)
•
100%
102 Va
$101
..1955
:
I
F-A
—1953
"
a
1941
1959
97
102'A
40
S;
1
;
62
62
.1957
series E_
A 7s
119%
5s
102'/« 1033/4
"
A 7s
108
1183A
5%s
Danzig
65
,7 40 %
"3
62%
62%
.1955
coup)
%
49
''45%
103% 103'/a
--
J-D
.1955
1941
Cons
ARussian
'
■■
C
series
M-N
.1970
52%
99%
18
103% 103%
I,
—
Ex-coupon market
A6%s
1063A
4
92
95
External
A
$100 Va 101
103.%
45%
Indianapolis Power & Lt.3%8
International Power* Sec—
A6Vis
6
119% 119%
20-year 7s
7s
Danish
118%
—
:n
60'A
58
__
J-D
RR—
Western
&
60%
J-J
.1950
33/4s
Mountain
Green
97
107% 107%
119%
A20-year
"
.1961
Grand Trunk Western Ry 4s
Guantanamo
82%
107'A
M-S
(Col)—
April 1946
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
A
Finland Residential
5s
13
J-D
J-D
Mortgage Bank
Agricultural
48%
963/4
116
Co—
1940 coupon—1953
A6%8 with Nov 1
50%
1960
Friday
107%
111% lll7/8
111%
1965
28%
1964
BONDS
106 3/4
993/4
6
102% 102%
Af-N
a-O
1993
5s__
RR
59
Union—
Newspaper
Maranhao stamped
104%
$102% 103
102%
1956
B
Eastern Gas & Fuel 3 Vis..
30
107 %
96%
105% 105%
96%
1993
52
52
$50
1954
3 Vis
Power
A7s
4s ser A
18
39
$21
New York Curb Exchange
91%
Division—
J
1956
1956
coupon
6s conv s f debentures
1063/4
Delaware Lack & Western RR—
N
52
9
;
59
r
105%
M-Q
1962
of
1940
debs
income
Western
—
4'/as~
Lackawanna
1
1947 coupon..
Hotel—
1
109
4
90%
90
1033/4 104'A
1954
City)
(Bait
Gas
Dec
External
90
103%
1969
..
2 Mi8 conv debs
mtge
105%
'
99%
A-O
1981
3s ser P
75
18%
56
$54
High
105%
—
1st ref 23/48 series R
Gen
99
104% 105'/a
1976
(Bait)
& Pwr
1st ref mtge 23As ser
Consolidated
Low
3
160%
104%
1969
3s
Consol Gas El Lt
1st ref mtge
Jan. 1
106
M-S
1977
5s
Debenture
M-S
1958
-j,
63
S3
Range Since
r
No
High
1033A 103%
93
J-J
1966
Jan
5s
95%
130
Foreign Governments & Municipalities
Sold
$163% 166
103%
J-J
1978
of 1947
107
123
135
■
Bonds
Friday's
$106% 108
Q-F
1954
ser
$127
76'A
A Apr
Authority—
Transit
revenue
2
ltt
$105% 106%
J-D
1948
debentures
5'/as
Chicago
82'/a
8 3/8 May
x63A Jun
Corp—
debentures
5s
104 %
106
106
$81
Jan
103 Vi 108 Vi
J-D
1970
6s_
23/4s
Electric
$101% 103%
106
Low
C
Boston
ex
A5s
Oct
Aug
Low
5s
1043/4 Mar
Jun
8 3A
Bid & Asked
J-J
with Dec
A7s
Waldorf-Astoria
Washington Water
Apr
10 Va
or
-t
J-D
1964
106%
$21
West Penn Traction 5s
2,500
Sale Price
1970
Appalachian Elec Power 3%s_
Atlantic City Electric 3'As__i.
Bell Telephone of Canada—
105'A
1953
1947 coupon
15% Mar
Week's Range
Interest
Period
Exchange
106 Va
6
Service Co—
33
98
—
Friday
BONDS
New York Curb
Aug 1
ex
Electric
Feb
300
"2%
2
stamped
Jun
1,400
—
—
~2Va
•
1033/4
106% 106'%
Hydro-Electric Co—
1 1940 coupon__1953
United
Jan
Apr
2nd
A7-4s
Ternl
Apr
10
Jun
2%
20
12
12
Ltd—
(F W)
Corp—
stamped
(Hugo) Industries—
13
300
102
11%
12 Va
8
5s
23%
325
29%
102
2
common..
3'As
3rd
Stinnes
Jan
Feb
July
7
200
13%
29%
100
Inc—.
Petroleum
Woodley
114
20
(Hugo)
A7-4s
A6%s
'
Wisconsin Pwr
109%
105 3A 105%
1053/8
A6Vis with Aug
8 3/4
•
.
33A '•/ 3%
13%
—
29%
w
w
$1093A 1133A
m-b
—
trust
Oct
5%
900
—.
Winnipeg Elec common.
Elec
&
Corp inc
Sep
3%
153/4 July
—
1
Inc
(Calif)
—
Jan
21%
Gas
5s
collateral
Stinnes
Feb
32%
21%
-
__
32
Gas
(AG)
AStarrett
5s
3'As
Gas
mtge 3s
Southwestern
Feb
6% May
3s
„
Southern
'
Products
Willson
series
Edison
1st & ref M 3s ser B
Apr
21%
—
1
& Co
Sep
1% Julv
300
32 Va
10
5
Corp
Corp
(R C)
8
115
1
& Co
A
Jan
11'A
6V2
2 3/4
Mar
2 Va
—
com—•
Weyenberg Shoe Mfg
Wickes
8
115
—
10
Oil
5,400
100
7%
Stationery
Inc
(Wrri)
4%
—
•
Westmoreland
River
4'A
111
!8 May
Jun
1,000
__
20
Wichita
10,500
M-S
Apr
9% Jan
;
1965
■
1.25
preferred
Westmoreland Coal
Whitman
600
P/8
1
Corp
Utilities
Texas
10%
1%
—
1
Wentworth Manufacturing
West
1%
10 3/4
4V2
wi
1%
-
7% July
108 3/4 Sep
1,800
1%
30
vtc
Co
.9%
'
Baking Co warrants
Warner
9%
1
preferred
cum
Waltham
1% Aug
voting trust ctfs ext.*
preferred
Waitt & Bond
•
California
3'As
W
U-N
29
(
i
'
j
34
(1522)
THE
COMMERCIAL
&
FINANCIAL
Transactions at the New York Stock Exchange
CHRONICLE
Transactions at the New York Curb
Daily, Weekly and Yearly
Week Ended Oct. 14,1949
United Statet
Total
Stocks
Government
Bond
(Number
Bank
Foreign
Miscel.
Bonit
Sharet
Bondt
Bond$
Bonds
8al*t
$740,000
$131,000
2,318,000
274,500
2,592,500
3,324,500
377,000
3,701,500
1,789,580
3,473,100
322,000
3,795,100
1,192,5G7
2,726,100
367,000
3,093,100
6,302,887
$12,581,700
$1,471,500
Week Ended Oct. 14,1949
$871,000
1,123,970
1,655,880
-
Week Ended Oct. 14
1949
of
S.
'
6,302,887
1949
3,421,310
$11,000
$3,000
308,035
174,000
7,000
$12,000
169,000
7,000
1,000
177,000
27,000
194,000
—
.
464,345
21,000
$461,000
272,270
211,000
17,000
22,000
250,000
$711,000
$55,000
$62,000
$828,000
Stocks—No. of shares
873,000
66,883,140
12,581,700
10,744,000
533,687,700
747,380,500
$14,053,200
Total
$11,839,320
$607,364,170
1949
1948
1,566,890
881,400
46,127,682
58,953,641
$711,000
Domestic
3,753,000
72,341,470
Jan. 1 to Oct. 14
1948
Bonds
$1,095,500
4,000
1,085,320
$819,112,140
Railroad & Industrial
193,000
1,568,890
Week Ended Oct. 14
233,216,442
$1,471,500
—
$14,000
______
Holiday
146,000
1948
189,729,070
$6,000
Bank
Foreign
Total
375,440
■,
Jan. 1 to Oct. 14
1948
Government
International
Foreign
Corporate
Government
1949
shares
Bonds
U.
Domestic
146,800
:
Total
Stocks—No.
Foreign
Shares>
$14,053,200
Saturday
Monday
ruesday
Wednesday
Thursday
Friday
Holiday
Total
Bonds <Par Value)
of
540,890
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
Exchange
Daily, Weekly and Yearly
5
lnt'l
Railroad
Stocks
Number of and
Monday, October 17, 1949
$575,000
Foreign
$27,765,000
$39,858,000
government
55,000
79,000
7.946,000
Foreign
corporate
7,174;000
62,000
24,000
1,360,000
1,393,000
$828,000
$378,000
$37,071,000
$48,425,000
Total
*
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED OCTOBER
Boston Stock
Week's
Last
Par
Agricultural
Chemical
American Woolen
Anaconda Copper
25%
25%
27%
100
108%
25
Range Since January 1
Low
93
2,826
27%
724
44%
28%
500
172
806
Jan
38%
Feb
Domestic
150%
Railway100
Maine
14%
14%
14%
630
prior preferred
5%
class A
1st
100
.
32%
32%
stamped_„__ 100
Calumet & Hecla
preferred
National
Jan
Eddy Paper
j.
•
Fitz Simons & Connell D
& D Co com_*
Oct
Flour
4
19%
Aug
Fox
Jan
1,730
10%
6
87%
10
37%
•4" 85
88%
Oct
100
125
29
Jun
218
53 %
Jan
Co
36
36
66%
Copper
65%
66%.
Fruit
39
,
-t
May
37.
67%
Spencer Bartlett
Illinois
Central
RR
48%
155
40
Jun
10%
37
10
Jan
17
58 /;
56'/i Jan
4' 14'A May
68% Jun
Feb
34% July
42%
50%
20
46
Jun
8%
30
8
Aug
14%
15%
19c
20c
1,000
9%
10%
1,526
91%
94%
700
10%
93%
100
—w
50
!
6%
6%
Jun
Jan
25c
14%
Jan
10%
Oct
18 %
604
4%
2.50
;
4%
5
••
—
•
•
:
Apr
94%
9%
Jan
17%
Jan
3% Aug
58
-
14%
4% Aug
13% Jun
29
18%
18%
325
12%
34%
4mmm.
35%
125
4
27%
Shoe
Machinery
preferred
25
—
Co
100
49%
50%
1,914
45%
25
common
27%
50 V2
•
45%
46%
425
39%
Corp
32%
26%
28%
12.50
40
32%
"
.——
10
Electric
28%
Miller'&
Montgomery
Univ
Jan
;
Oct
|
Aug
STOCKS—
Last
Sep
35%
Jun
54% Mar
52% Jan
Mfg
North
Range
40%
Jan
28%
Oct
Oak
i
;
Oct
43%
Par
Abbott
Acme
Laboratories
Steel
Admiral
Co
Advanced
common
new
Corp
Aetna
Ball
Allied
Laboratories
Armour
Co
Automatic
Co
Ward
Co
2%
2%
5%
5%
6%
10
common
1
10
5
]'
17
_10
—.
:
;
1
com—
.
common
*
1
2
♦
17a
Aug
1%
Jun
2"%
Jan
5
Jun
7%
Jan
25%
Jun
36%
Jan
11
Jun
15%
Feb
/
300
50
.
11%
650
:
12%
16%
•
17%
17
2
8%;
3%
34%
2%
16%
12%
13
11%
11%
•
85%
♦
115.
2%
common
53%
63%
34
•
34
85%
115
■
%
/
Feb
11%
Sep
Apr
55%
Oct
Mar
44/53
Oct
Jan
250
14%
Jun
22
150
13%
Jun
17%
Feb
100
6%
Jun
9%
Jan
1,200
100
15%
34%
Sep
Oct
52
5
28%
29
2,700
200
Feb
30%
Jan
13
Jun
18%
Jan
23
Jun
28%
200
7%
.7%
13%
7%
6%
750
-.
r/>
7%
6%
1
13
13
13 4
36%
36%
36%
10
8%
8'/a
?
8
300
50
10
7%
Oct
15%
Feb
Jun
7% Mar
July
13
Feb>
35% July
6% Jun
Feb
8%
Sep
150
39
64%
Apr
500-
.
39%
400
.
51
"
•
22% x23'/a
22%
11
"2%
6
"
11%
.2%
,
,
2%
19%
12
u
\t
July
Apr
24
Jan
9% July
1% Jun
300
1,400
5,100
6%
6
4 11%
12
Mar
11
Jan
14%
Jan
Apr
25%
47%
Jun
59
Mar
12
Oct
12
Oct
3004
21%
51%
51%
52%
300
13
13
13 4
300
850
26%
25%
26
25
Jun
31%
100
25%
16%
1
16%
8%
9%
9%
5
6%
Oct
24
Aug
31
750'
25 •."• 25
25
22%
Feb
25 % Mar
50
16
July
18
1,150
0%
dun
9
300
5%
Aug
Jan
fJan
Jan
8
.6% 4> 6%
16%
16%
%
15%
200
Jan
y
Jun
13 % -Jan :
Jun
17%
Jan
1
6%
6%
100
4%
Feb
6%
Oct
33%
33%
■
Louis. Nat Stockyards capital.
Roebuck
*
&
26
26
27
200
11%
11%
11%
100-.:
42%
42%
10%
■IIS'4
capital
•
42%
1
"
10%
Lathe
Bend
Inc
Works
capital
Ind
capital
Container
Tool
capital
United
S
(The)
Carbide
&
Apr
24%
Sep
5%
5%
Aug
6%
Jan
13% July
21%
Jan
10
Mar i
5
Stores
4
8%
400
"
4%
250
18%
3%
-
/
700
7
Jun
3%
200
2%
Jan
43%"
8%
3%
■
-
300
36%
Feb
9%
-
"9%
9%
■
I
10
*
12%
32%
>
12
4-
12
14%
4
66%
Jan
90
Aug
Bethlehem
com
Copper. Mining capital
Corp..
common
116%
Aug
Canadian
57%
Jan
Certain-teed Products
64'A
Oct
Columbia Gas System Inc
Jan
Continental
Pacific
Ry
Jan
?;
27%
Jim
32%
Jan
'
Jun
11%
Jan
Feb
61%
Oct
100
9
49%
20
May
Motors
15% Aug
28'A
Jan
CurtiES-Wright
25"
29%
Sep
Farnsworth Tele & Radlo.
9%
•
13%
13%
27%
50
27% Aug
42%
Jun
46
Sep
34
Jun
41%
Jan
10%
Jun
14% Mar
25%
Jun
32%
Oct
;
20%
Jun
24%
Oct
•
■
500
20%
Jun
27%
Oct !
1
400
10%
Jun
15%
Oct
;
300
10%
Jun
12
Oct
Jun
12
Oct '*
14%
Oct.
12
'
100
14%
9
9% July
1,700
3%
10
13%
"2%
1,500
J.-Y-
28%
Jun
10
600
300
Feb
7y»
1.100
v.
•
■
25%
>
3%
-
Jun
Jun
Oct
10% July
,143A Jan
;
35
Jan
-
10
24%
25 -
97%
97%
29
29%
*
——_.?5
1
29
13%
19%
200
4
-;
100
86
1,900
14
200
14
14%
11%
300
6%
6%
300
7%
4-4
10 y2
.
.
9l/2
10
-
5Y*
7%
100
"."""4"--''"
■
23%
-
300
11%
7%
f
4100
—100
new—
Co—
3%
1
Lines Inc
•
11%
2,200
•
12 i-i,.'
12
1;
Corp
•.
Jun
24%*
15%
12
I'
Sep
6%
500
27%
12%
Feb
8%
'32y8 4
>
15%
•
common
41
700
14% >
26%
*
common
24
Jun
30
44
4
V 24%
:,
Jan
May
150
26%
13%
14%
5
28
100
40%
;»
7<•'
;
4
9%
44.
Jun
I
f
Oct
100
;
61%
26%
40%
43%
800
30%'
61%
9%
]
4% Mar
Stocks—
Steel
\!
200
4
40%
•
Industries common.
„_2
Yates-American Mach capital———_5
Air
4
-
900
1
40%
10
4 30%
44 9%
:
•
8
'
400
12%
8
40%
•
Co com
Bankshares
4 12%
8
2,
Corp
capital
(new)
Inc
43%
Woodall
Unlisted
25 %
17%
18
_1
25
Carbon
common
Wisconsin
Jan i
13%
Jun
—
Westinghouse Elec & Mfg
Wieboldt
28%
Jun
19
25
common
Light & Rys
Steel
Apr
10%
5
common
United Air Lines Inc:—
U
22
850
1,300
_1
stock
South La Salle St
i'
/:<
700
11%
24%
24%
—44*—
Swift lnt'l Co Ltd ctfs of dep
Texas Co (The)_
Co
Jan
10%
—5
common..
common
Sundstrand Mach
208
13%
23%
25
Corp common
Union
Jun
'
01
Corp
Trane
8%
4
11%
25%
2
—
Stone
Co
Oct
~
common
Sunbeam Corp
&
42%
23%
_1
common
Stewart-Warner
Swift
Oct s
Jun
*
•
common-
Standard Dredging common
Standard Oil
Jan
11%
•
Strap
Society Brand Clothes
Spiegel
4
Sep/.:-
29%
Jun
34
300
.
35
4 9
600
4"
19% Jan ;
Sep
30% July
22% Aug
70
'
•
capital—
Co
9
1
common.—:
Cummins
Atchison Topeka & Santa Fe
6
;
Jan
14%
Anaconda
•
i
"
Armco Steel
Jan
-
Sep
Aug
11
25% —
25
2%
5% July
2.2*0
25%
•
Sep
Feb
Jun
10
300
Oct
Jan
24
200
l.Ol 10
800
Oct
.July
300
16%
11%
Jan
4.
Sep /
27%
13
13
u
Jan
14%
11%
Jun
Jan
2%
11
34
Feb
13
Jun
14%
65 %
45%
Jun
16%
Feb
39%
30%"
Oct
7%
11%
Jun
500
53
40%
1%
50
Jun
700
62
100
25
9
54%
20% Aug
9% Jan
___10
61
64%
Mar
Apr
Switch class A
Elec
26 %
111
22
Feu
15%
2%
American Radiator & St San
86
Jan
6
200
2%
11
29
12
common.—
Oct
115
4%
34%
Sep
Oct
?
Jun
53%
4%
4% Mar
18
12
8% Mar
Pennsylvania RR capital
Potter Co (The) common
Penn
4
Jun
Jan
27
5
*
common
Alleghany
29
"4%
;
'
41%
2%
11
14%
100
8
40%
lo
American
25
42
Feb
8
11
20
common
Oct
250
19
950
1
common
Sep
20
page
150
19%
»
2Vb
20
see
20%
19%
8
._10
13
20
footnotes
20%
19%
10
16%
5
For
300
*
—
vtc
7A Mar
50
Jan
1,600
1
10%
100
17
15
»
*
11% Jan
Co
-
common-*.
50
100
10% July
2,600
9%
:
750
3,900
Coleman
fi
2
62
10
common..-
Jan
43
*
Edison
13%
40
Products Co com
Inc
9
Jan
400
Club Aluminum
(The)
Commonwealth
4
7%
Jun
10
Jun
10()
55%
53
8%
4%
.....
55 'A
63%
common
common
(new)
Co
Apr
2,300
16%
5
preferred
8ervice
1
200
•34%
preferred
Chrysler Corp
Jan
12%
3%
•
l
Chicago R I & Pac Ry
Cities
7%
650
16%
12%
Chicago Corp common
Convertible
Jun
'
preferred
Chicago Towel Co
5
5%
52
.
--
Jan
Oct
34%
11
'
i
'*
2%
Central Illinois Light w d
Central 111 Secur Corp common
Convertible
11% 4
'
_*
10%
Jan
12%
12
Sep
17% May
20%
5%
12
5% Mar
150 %
12%
5%
Jun
Jun
34
__
1
Burton-Dixie Corp
Butler Bros common
W
34
10
4%
6%
Oct
138%
200
■
Sep
7
common
Co
Car
Bush Shoe
South
Sep
28
850
2%
3
451/3
20'A Aug
Feb
600
1%
3
Brach & Sons (E J) capital—
Bruce Co (EL) common
Convertible
1%
1
Jun
15%
700
1,400
'
—
High
18% July
-•
14
*
Sinclair Oil Corp
-
1,100
20%
143% 143%
6%
6 %:
1
common
Carr-Consol Biscuit
300
7%
19%
■■
143%
5
Berghoff Brewing Corp
Binks Mfg Co capital
Borg (George W) Corp
Borg-Warner Corp common
Central & S
7
4 7
.100
5"A
—
Bastian-Blessing Co
Mfg
5'A
37%
300
3,800
12%
Jun
Jan
12
•
&
Bancorp
Signode Steel
Range Since January 1
300
19%
28
common*.—.
Avco Mfg Corp
Belden
19%
25%
Oct
6
8%
14%
Serrick Corp class B common
Shellmar Prod Corp common
LOW
44
19%
*
capital
common
Washer
44
d- *.
27%
*
common
common—
Mfg
-
—5
Castings
Bearing common
&
-
_10
Jun
Aug
200
•
—
common
Manufacturing
Sears
High
—1
American Tel & Tel Co
Asbestos
(new) __5
common
common
Aluminum
LOW
66
6%
500
14
5
4-
Peabody Coal Co common——
5% prior preferred-.*
Schwitzer
for Week
Shares
common
common
American
Northwest
Jan
Sales
of Prices
Sale Price
Jan
'
Chicago Stock Exchange
Week's
2,bOU
7%
Sep
46
11%
:
preferred
Sangamo Elec Co
Friday
66
11%
1
Nachraan Corp common
NationtU Standard common:
St
;
250
■7%
Oct
11%
42% May
5% Jun
52
6
14
15%
common
Hart Inc
;
19%
31% Aug
20% May
1,334
800
100
14%
*
$1 prior preferred-—_
■
1
44%
20
10%
46
64%
•
30%
common
Mickelberry's Food Prod
West Corp capital
Modine
26
147
Jun
•
Middle
Feb
15%
42% May
38% May
Co
i
36
Feb
Ext
&
Apr
7
5%
29% Jun
Salle
Nunn
9
—
6%
109
Marshall Field & Co common.!
Oct
Jun
Jun
5%
14
100
5%
14%
6%
—•
common..
Llbny McNeill & Libby
Lindsay Light & Chem
Jan
79
50
•A- 14 '/8
■
-
14%
—25
Jun
1
common
Switchboard
Cumulative
Sep
10%
'
Hartford
La
Leath
11% May
15% Jan
13c
Drug Co
Kellogg
Sep
59
8%
5
<fc
50%
20
4
12
10
International Harvester
100
1,700
:25
common
Indep Pneum Tool
342
6%
10
common
Jan
__1
5%
1
Hupp Corp common—
Illinois Brick Co capital
Oct
Sep
Jan
100
Feb
Jan
7%
1
33%
63
9%
*
:
common
40%
40%
Jan
95
12%
65%
3
Hibb
Jan
23
-
ti>
1
_—
Drill
Rubber
Corp
Jun
61%
Jun
Sep
12
Corp
Jun
40%
46
>
Jun
*
Brew Co. new cap
Werner
33%
63
20
9 %
14
Hein
23%
50%
3% Aug
5%
1
common
205
10%
•
Jan
6
10
Co common
1,281
_•
Co
Westinghouse
Dk
38%
_•
Twist
&
32%
47%
100
Webster Inc
Union
Dr
Hammond Instrument
37
'
___—
2%
9%
1
common
31%
1O0
common
Association
United
Lakes
1,200
Jan
60
•
32%
•
Tor ring ton Co
S
75
20'A
New Haven
6%
Great
H)
Jan
200
10
common
(W
7%
Oct
Jan
Co
Jun
78
46
37%
Pennsylvania RR
Quincy Mining Co
Rexall Drug Co—
U
Jan
5%
65
37
N
United
Gossard
12%
20%
England Electric System—.*.
England Tel & Tel
Ac
Sep
17%
Jun
36%
100
New
Stone
3%
Gibson
Goldbiatt Bros
5%
9%
5
Corp common
Refrigerator Co common
Jan
Oct
850
6%-
9%
1%
Finance Corp common—.
Apr
"5%
9%
common
Motors
31%
Oct
9%
common-
Transp
5%
38% July
8% Jun
——•
National Service Cos
Shawmut
Brewing
Jan
Jun
5%
3%
78
10
Amer
7
Aug
25
Aug
19% Aug
Nash-Kelvinator
Y
Auto
30
22'A
30.
9%
..5
General
Jan
43
Jun
_•
Chemical Corp
Mergenthaler Linotype
Narragansett Racing Assn
Inc
Heileman (G)
87%
.—_*
Razor
preferred
America
Harnischfeger
_100
Mathieson
New
(Peter)
Katz
Kennecott
of
General
14% July
101
65
Stores
Safety
Mills
16% July
300
3%
Jan
5
100
3%
adjustment
Inc_—
Maine Central RR
5%
16%
10%
Electric
Gillette
■
16%
62%
88 Lines
General
40
3%
46
29% July
3% July
210
5
•
—
Employers Group AssocFirst
5
5
5
—
Eastern Mass Street Ry— /
6% preferred B
Eastern
140
—10
Service
Copper Range Co
5%
33%
4%
8% class B 1st pfd stamped-—100
Boston Personal Prop Trust
•
Cities
Corp class A
Corp (The)_—_
General
—
pfd
_1
Credit
6
35
12
High
5%
:
6
10
27%
5%
10
120
Railroad—
1%
i
common
Jun
4-i.f
&
Corp
Four-Wheel Drive
Stamped
Boston
Range Since January 1
Low
22
27%
_2%
com—:
July
40
25%
Shares
High
22
25
Mfg
Apr
100
45%
common
Lighting Inc
Sep
for Week
Low
*
Curtis
Jun
22%
Crane Co
(new)
Dodge
46%
Jun
"Sales
Range
of Prices
Co—
Common
High
34% Mar
138
109%
108
45
Consumers
High
42'/8
"
Par
Shares
143% 144
50
Boston St Albany RR
Boston Edison
Boston Elevated
143%
•
Sales
of Prices
41%
100
Week's
Last
Sale Price
for Week
Low
*
American Tel & Tel
STOCKS—
Ranre
Sale Price
American
Friday
Exchange
Friday
STOCKS—
14
-
1
Jun
267a
May
103%
"337s
Jun
Jun
Jun
15
""
Jan
Jan
Jan
Sep
14%
Oct
Jun
117a
Apr
Jun
874
Jan
Jan
May
.:
97a
Apr
,
7ya
- Jan
COMMERCIAL
THE
Number 4847
Volume 170
CHRONICLE
FINANCIAL
&
RANGE FOR WEEK ENDED OCTOBER
Week's
Friday
; General
Electric
•
Co
t
Graham-Paige
t
Motors
-
New
Central
York
Packard
Motor
Pan
RR
capital
1
Republic
Steel
Corp
Inc
common.
»
United
,
Wilson
Apr
21% Aug
Jan
12
32%
Oct
9%
Jun
141/4
Apr
25
*
1,500
300
7y«
Jun
9%
300
17%
Jun
27%
Detroit
Stock
Chicago Stbck
Exchange
Exchange
700
5%
200
DETROIT
Telephone: WOodward'2-5523 v
Apr
29 Va
4V4 Aug
25% Apr
Ford Building
.
.
Jan
5 %
-
28%
,
Detroit Stock Exchange
Jan
30
16%
17
1,500
14%
Jun
17%
Jan
72
200
60%
Jun
73 Va
Jan
200
12
Jun
18
Oct
16%
Feb
25%
Oct
9%
"Jun
U%
Sep
2%
Jan
4%
Oct
11%
Jan
90%
Oct
17%*
18
24%
25%
11V*
11%
11%
1,600
4%
4%
4%
4,100
17%
1
1
Exchange
Jan
*
400'.*
72
—
Curb
Apr
Jun
100'-
7%
'
16%
•
Corp
& Co
Jun
8%
New York
Exchange
10%
21%
"r 5 Va
'
28% t
■
-1
Oil Corp.
Suniay
i
Jun
20%
''
1
U— '
—25
_
8 Va
New York Stock
4% Jan
7%
»
—15
Corp common
Jun-;
Jun
1,900
12%
..^W.
■
Bchenley Distillers Corp—
Standard Steel Spring—
13%
Jan
9y<
32%
II—1
Jan
19%
12 Va
Members
Oct.
7%
15%
Jun
3V*
;;■
9%
31%
•
1 Standard Oil of N J-
10%
——
9
12%
•
—2%
-
•
9
Jan
400
:>:■!:;
9
32%'
common
f
"*
\
I
Oct
3V4
3,800
'3% ' *4
■
(
1,100
Watling, Lerchen & Co.
Jan
15%
:
1% May
4V2 July
1,700
10% * 10%
■
'•
1
-1%
Studebaker
-
7%
9
Socony Vacuum Oil Co Ino
'
-
2,900":
15 Va
7%;
14%
'3%
common——
Corp of America
Rexall Drug
2%
1-2%
common
Radio-Keith-Orpheum
i
2 Va
-33%
Co
Pure Oil Co (The)
Radio
Jan
14%
'
*
Pepsi-Cola
'
11V»
'.7%
■
Airways Corp
American
500
?
•
Car
Paramount Pictures
15%
39%
Jun
15%
2Va
8
1
;
34 V*
15%
4
.
High
LOW
300
.
Laclede Gas Light—
Range Since Janaary 1
High
37%
I
Nash-Kelvlnator Corp
4
Shares
37%
y 37%
8
Public Utility Corp
General
for Week
Low*
Par
14
Sales
Range
ot Prices
Last
8ale Price
35
EXCHANGES
OTHER STOCK
STOCKS—
(1523)
2,200
'•
•
common
—
11 ;
Jan
90
—
—
Oct
•
Friday
Last
STOCKS—
Allen
Electric
common..
High
High
Lov
3%
3%
6
2%
3% Aug
Feb
6% May
7'/2
100
Feb
5Va
100
^
3%
1
Range Since Janaary 1
Shares *•
of Prices
Low
1
Brewing
for Week
Range
Par
Altes
Salea ~
Week's
'
Bale Price"'
Jun
'
American Metal Prod
t
BONDS—
•
90
3% s_—1978
Authority
Transit
Chicago
$4,000
90
Baldwin Rubber
Eohn
—
Aluminum
Brown-McLaren
,;
,
Par
f
Low
,
Industries"
American
L
...
II20
19
—1
—
-3
:
1
—i-u
132
18%; Sep
3%. Jan'
50,
3 V4
...
7
■:;.
•I
22
^
22
■
r
i-
4% .■>■:
>
1:74.:;:,
75
5
Davidson
1
7'/a
7'/a
Detroit
& Cleveland
Edison
7
5
*
111.
I-
.-
•4
V
-'11% Mar
i
Jan:
30
Jan
—10
Eagle-Picher;
---■.
Insulation
Formica
Gibson
Art
Hobart
Mfg Co
18%
»
common—
Co
Procter
& Gamble
Randall
common.
7-v—
12%
—
;
*
S
U
-
I—miiio ;
Service
Cities
.
—
■'■*■"'■
,
,
55«*'<'" Jan
.
•40%
Feb
Corp
——
Standard Oil
Timken R B
Steel
Motor
&
Motors
Car
f
*
I.
•>
29%
(•" v
31%
;
39%
Jan
66 Ve
Oct
13'/a
Jan
4%
Sep
10%
45
Jun
f
!
35
4
12
25%
9%
Jun
Jun
27
17%
Apr
25
J0%
10
12 %
25
22"
>
Jan
14
74%
Jan
37%
10 "
37%
Sep
43% Mar
24
50
20%
Jun
24%
Oct
20% May
28%
?.
Oct
26%
Oct
37%
180
28%
27
Motors
Soss
Range
Share*
Low
Par
City Products Corp,.;
Cleveland Cliffs Iron
LOW
&
Railroad (Un)__.
Erie
34%
■25"
Jan
29%
12%
464
10% July
16
tVk
76
42%
297
2%
2%
1%
1%
i%' <-"i%
1
3%
7Va
1%
3% '
...——
?
50
,70
76
5
;
31
27%
a37$
(Un)—
General Motors com (Un)—
s—10
Glidden Co (Un) —J———*
Goodyear Tire & Rubber
*
Gray Drug Stores
*
Greif Bros Cooperage class A
*
Halle Bros common
——————5
Hanna (M A) 4V*% preferred—■——*
Industrial Rayon (Un)
*
1
Inter lake Steamship
*
Jones & Laughlin Steel—i...
•
Kelley Island Lime & Trans
0
Metropolitan Brick Inc——J—
4
27%
10%
a
50
10%
Jun
86% Mar
20% Jun;
-
Myers (F E)
15
15
105
National
Acme
48
Aircraft
Edison
Ohio
Co
__
22
a21
Republic Steel (Un)
Roebuck
Sears
Co
(Un)
8
common
Feb
*; 5%
400
5% Aug
6%
Jan
11%
11%
760
10%
Jun
12%
18
18%
4,486
11%
Jun
18%
Jan
Oct
9%
100
8%
775
10%
11% f
51%
Oct
Sep
2%
21%
Jun
American
Jun
14%
Jan
Amer
Power
2%
f
22
31%'
For
footnotes
;—_
see
page
l
42.
Jan
10
*
Jun
Jun v
•
2% Mar
Sep
2%
SepOct
11%
Sep
525
Jun'
2%
Jan
Jun
18%
Jan
Jun
14
j
445
8%
10 % Mar
Jun
6Va
Jan
100
72c
July
1%
Apr
5,825
93c
Sep
1%
Jan
17%
Jun
24%
Oct
3%
2,400
:17,V.d
256
Low
3%
32%
•
May''
17%
5%
Jun
Jun v;
23%
6%
'Barker
Barnsdall
Apr
Bendix
7V4 *:
10
7%.10
Corp
Works
Co
Sep
May 7.
Oil Company
Corp
>
'■
6
4
al7
10%
14%
Jun
Jun
Jan
Feb
54'
150
*
Jan
23
Jun
37%
Jan
647
25%
Jun
35%
Jan
20% Jun
,
:
5
Inc—»—-33V3
PI I
Jan:;
Jun
14%
Jan
Blue
10
a9%
2%'
Jan
82%
Jun
95% Mar
33%
Feb
39
^
150
5
Jun
'
100
8%
Jun,
2,100*"
2.50
Apr
;
160;
'
15
145"
al7
.
7%
12
Jan
Jan
Apr
4% Apr
40 " Jun
21
Sep
Jan
51%
Sep
Jan
9%
80
"
Sep
18V4
27%
2,330.,
«.
a31% a32%
2Va
7%
Jun
:
36*
4 Ye
10 Va
5
27% Jan
v: 65 ".
*• 0 ■
a51a51%
(Un)
Bendix Home Appliances
33%
Jun
34% Mar
a9%
30
2%
3,500
lOV* Sep
2% Aug
218
23% Jun
7
.
Apr
2% Aug
Jan
Jun
42%
'
Oct
17%
Jan
Bolsa
a28%
Corp.:
*
2
Chica Oil Corp
1
5%
Diamond
Borg-WPrner Corp
(Un)
Broadway Dept Store
Budd Co (Un)
Calumet Gold Mines Co..
Jun
Jun
74% Jan
26% Jan
33%
Jun
42
Jan
*
Canadian
20%
6 "
Jun
24%
Oct
'
Caterpillar Tractor Co (Un)—.
Certain-teed Products Corp
6
July
12
Jan
Feb
*
Chrysler Corp
5%
53%
53%
'
3,300;
180
7%
11 Va
'190'"
410
.
-
Co (Un)—
—;
5
200
.
-
5
4%
—
10c
<
lc
lc*
52,838 '
lc
33%
7%
Jun
Oct
46%
Feb!
"
20
9
7
11
60%
Jun
7
7%
123
Pacific Ry
a28% a29 %
*
8
205 "
13
.
Jan
42
150-
:s
a96% a98%
a38%
a39
n 10%10%
—20c
Aviation
Jun
Jun
100
a98%
5
(Un)
Oil Co
23%
9%
14%
''
6%
,33
Oct
10% July
12% Oct
Jan
153
7
a25%
6%
Apr
3% May
138% Jun
1,132;
50
28%
a25
Jun
8%
111
■
3%
Jun
7
1,505
:
a27
27%
10
Benguet Cons Mining Co.
Bethlehem Steel Corp (Un)
33%
234
13%
47%
a27
(Un).—13
1
common—
33
80
60
*
13%
10
Jan
58
a
Bros
Oct
43% Mar
•
(Un)'
27%
'
1,000"
Sep
27%
T;
Corp
14
:
{7 435"
143% 143%
Company
Jan
49
9%
High
,
27%
780
33
■
Jun
2 Va
50"
12%
46%
47%
(111); (Un)
5
Fe (Un)—100
Atlantic Refining Company (Un)
25
Avco Manufacturing Corp (Un)—
3
&
Jun
Oct
LOW
2%
9%
Atchison Topeka & Santa
Jun
16% al6%
Steel
Armco
Armour
3%
49
Range Since Janaary 1
200
12%
28%
Co
Copper Mining Co
Jan
5%
3%
12%
(Un)__30
Anaconda
Jan
Jan
Shares
High
; ■3% •
13%
20
33%
..
for Week
3% 73%
143%
11%
.
Range
1
13
105
Sales;
Week's
ef Prices
;
14% Jan
Jun
a24 Ya
Publishing
Oct
45%
17
a40y2
World
23%
Jun
37
a24'
«
*
Jun
,
325
a40
Iron Works
Oct
214
42
41%
a24%-
Dorn
65%
a21%
a21
a40%
Van
Jan
163
Standard Oil of Ohio common
*
K
Petroleum
■Xi-'m 75
a26%'.
—
Jun
12 Va al2V4
a71% a71%
(Un)
9%
Aug "
2
1,213
I
5%
17::
10
(Un)
Sail
St
Bandini
4
a26
Steel
'
l.^..
1
24% 24%
(Un)—*
&
.7
47
a26%
S
V
9%
4%
Smelting & Ref Co (Up)—•
American Tel & Tel Co (Un)
100
American Woolen Co
(Un)
*
Radiator
1
30
a5%
a71%;
'
2%
450
'
14%
.
9%,
1
•
Light (Un)r.
&
Locomotive
75
:
.10
_•
2%
14%
Par
(Un)
Allis-Chalmers Mfg Co
American Airlines Inc
Jan
Baldwin
K
-25
...
11 Ve
11
7
"
(Un)
;: Apr:-'
"
.15
U
9%
Lastv
Mining Co
Alaska Juneau G6Id'
48
100
Socony-Vacuum Oil Co (Un)
Standard Oil Co of N J (Un)—
Union Carbide & Carbon
Jun
4
5%
Angeles Stock Exchange
:;'V77'Ui
35
395
49
31%
a
9%
7% May
2% July
;
33% Mar
5%
a42 Ya a42%
—
Jun'
100
Friday
31% July ■;:
21
Jun
yrfc 11•*:
28"'
a30% a31%
41%
&
.
*
Bros
Richman
"■'
49
a
1%
3,800
400
Bale Prioe
Apr
Sep '•
13%
12%
31%
29% July
(3% Jan '
5%
777,' STOCKS— '
54%
105 7. Apr
a26% a26%
a5%
.50
4% Jan
Jan
v
1
Screw Products
Basin
a31
Jun
24 V*
?:
Spring & Wirc'lL-...—*
32%
'
$
(Un)
——
Radio Corp of America (Un)
Ohio Oil
33%
5%
—8
--w-—
U
2%
3%
135
2%
1
——1
common
Jun
"■■15 7
81
,
48
33%
1
—
Nestle LeMur class A
Oct
30%
Sep:
9%
States Radiator common—:
Alleghany Corp
9% Mar
405
105
49
3% July
2% Oct
3% July
2
July
30 V*
2%
United
46% Mar
17%
* 50":
;
all% al2
& Bros———i——-41
'
Oct
13% Aug
Jun
500
4
28%
2%
1
Los
Apr
34
15
173
13
105
Oct
1%
Feb
10%
9%
9%
26Va Aug
51% Mar
a39V4 a40 Y4
11%
11%
a26%
650
/
■'6%
~2%
14%
Jun
145
a22% a23 Ya
-
1
1,800
28%
1
12
34
a40%
48;
1%
13%
Sep
2.00 Mar
5% Aug
200
150
5
Corp
Jun
212
a37% a38
a64% a65%
..
:
Sep
7
May"
95c A Feb
200
Udylite
9%
43%
41
a22%
105;
'
28% ;
American
General Electrio
6
Jan
4
2% Mar
150
2%
1
Tool & Die
Superior
9%
210
-
Jun»
43^*' Apr
50
a51% a51%
a54 % a54%
a
200
30%
f'
38%
25 -■
27 %>
2% May
1% Jan
2%
11%
Tube class B
2%
Apr
4,767
"
"
42% Aug
-
Feb
7
3V$ " 3 Ya
2% v
Mar
Feb
Apr
1%
30%
5
common——1
Co
36
Oct
■
2%
1%
1%
-
7'/a
1%
3%
is
2% July
30% !
2%
>
110
6 Ya
1%
:
Feb
400
3%
*
13
1%
Standard
i
"
1,100
;
6%
13%
10
Southern
'
1V*1
6'/a
1
Jan
-
a4l% a41%
—*
—
Jari
41%
41%
1
Jan
■'
8%
41%
1V4
Manufacturing
Jan
138
all% all%
54%
Oct
Sep 1.
1%
2%
Oct
5:
27/»
y
"Jan
too
Oct
a26V4 a26 %
a
*
Mar
14%
2%
1%
1
—:
18
"1%
2
5
Paper common
Jan
23
a40% a41%
1
Columbia Gas System (Un)
—•
Consolidated Natural Gas
(Un)
15
Dow Chemical
15
duPont (E I) (Un)
20
Eaton Mfg
——2
?
•
Jan
8
Co—
Jan
Sep
70
Cleveland Graphite Bronze (Un),.
5%
6 ■'
■
9% Mar'
1,983
43/,
v.
3% Aug
Jan
High
150%
29%
12
$4.50 preferred
—
Cleveland Electrio Ulumin common—•
185
1.2oo
5
Oct
14'rf
:JUn
Wayne
70"'
12%
3%
14%
:?5%
•
a29% a29%
1
-100
common
3%
■
'
Range Since January 1
229
a30
a30
m——*
Sep
Jun
2%
Manufacturing Co..
Warner
High
al43%al43%
25
4%
4%
Timken-Detroit Axle
"
al43%
100
(Un)
Jarr
•
2
Young
of Prices
Oct'
2%
IV, May
tor Week
Last
Sale Price
2,200
'
Sale*
Week's
10%
15
—2
———
W)
Scotten-Dillon
Sheller
Jan
Jan
200
;—d—1
;—:
Oct
22
Jun
20% Jun
Y
common
Peninsular Metal Prod
Raisin
5%
5%
745
17%
•
River
OCt
Jun
10 %
1
—t
Jan
65%
100
w.
—1
*
10
Feb
9%
Jun
10
;
;
»'•6%
Jun
52%
210
S
Mar
3
\
1,355
2%
Apr
95c
7% Aug
1,818"
5%
*
(H
-8%
.
s
Sep
1,200
Parke, Davis common
32% Oct
*
Sugar
Corp
Edison
Rickel
500-
410
Jan
3%
Oct
40c
100
1
Stamping
Reo
-2
1,300
10%
14
4%
Jan
6%
Jun
2
common
Elec Welding.
Ohio
3%
Sep
2%
12% Oct
—1
Products
Manufacturing common
Murray
"3%
Aug-
23%
11% Mar
300
a ■:
7
J
Jtm:
11%
—-
1
10
...—
National
Apr
50
71%
26
28%
STOCKS—
Tel
Jan
11%
11%
1
National
17 % Mar
Feb
14
190
32%
21%
Jun
3%
Jun
50
9%
26
Friday 1
Ohio RR (Un)
Jun
1%
4%
2%
>
&
4Va
20%
-
400
5%
5
2%
Packard Motor Car common
8%
14%
12%.
t
Cleveland Stock Exchange
Tel &
IV* Sep
9
10
V
1
(S S)—
Michigan
~
•
Chesapeake
Jun (
200
65%
,
.
3%
-
1
—
common
Screw
McAleer
10
5
Michigan" Bumper Corp.
ST'
American
Jan
5%
5%
8%
65
.
12 Va
McAleer Mfg preferred.—
McClanahan Oil
_•
Oct
Jun
'
130
295
24
?
Mar
50% July
83
31%
38%
—
.
26%
66%
32%
'
■
Apr
29%
,y
30% May
_•
I—"Hi2".50
Electric
OcP
12
•'
V i —
"*
64%
Jan1
12%
—•
——.
Feb
Jun
:-3%
4
-v"'
..
-37%
190
.;■•
10%
1
:»
Jan
*»9%
9%
0
Jan *
35% May <
8
49c
'5
9
1
common
common
Mfg common
u—
Drug
Masco
Jan
34%
37%
.
•
10
—
(new)^^.,—
Westinghouse
Electric
—
7. LaSalle Wines
Jan
150%
-25%
71%
(N J)
(Ohio)
27 %
Jun
Sep
25
14%
■
Standard Brands
Jun
29..
307
50
.^IIIII
19%
138-
244
33 %c
_♦
■
60
,
11%
—
—
Jan'
Jun
r
2
49c.
1
Manufacturing common
Kresge Co
Oct
104 :
341.
j
•;2.;,
:——1
—1
•
Lamp
Kinsel
Oct
29%
*
:
105-
■■
64%
37%
65%
—
-
Oct
Jan
20%
Jun
30% Sep
1,420
v.'4%
4 Va ■ '•
Kingston Products
Oct
30%
*
10
—
—
Standard Oil
Hall
King-Seeley
Oct
49 Va
4%
65 %r '
Paige Motors common
Kaiser-Frazer
Sep:
Jun
29
29
IIIIII—♦
9%
iy8
July
5ty*
12%
1
Brewing common.
Hurd Lock
Oct
33%
;
Jan
26%
19
75%
-16%
64%
11%
Dept Stores..
Central
75c
17
5,014'■•
2%
12%
10
commonJi
Gerity-Michigan Corp
Hudson
"
29%
7
Pennsylvania RR
Pepsi-Cola
S
Feb
Motors
Howell
Oct
r
,21% Janu,
55% Oct
.
Jan
155
64%
11%
Packard Motor Car—.
U
62%
oV
Motors
New York
Radio
30
—
General Electric
Oil
29%
63 /■;;/
.10
.
■■:
Power & Light
Federated
Pure
25%
29% "
Columbia Gas
General
33%
*
143% 143%
143% *
;
25
—
City Ice & Fuel—*
Dayton
49%
24%
25%
-100
Tel &
Chesapeake & Ohio—
'
200
6%
1
1
common;
common
Lansing Stamping'-.
♦
—
—
Rolling Mill
Tel
American
American
;
55
Stocks—
Stores
Allied
■
36 >>;■ Oct
V
Jan
57%
114:
64%
33%
Printing preferred——— —50
Unlisted
'
Oct
225
.
22%
2
*
common—
Brewing
Brewing
6%
22%
■
2
..d.d—1
—1
Manufacturing class B
Gemmer
Hoskins
Oct
'
16
64;
64
43 Va
1,101
75%
49
Playing Card—————— II10
S
U
Jan
19% July
:
323:*
:
Jan
44 I
;
300
55%
15%
;
120
Ale
Graham
Jan;'
8%
19% Mar'
Jun
23
816
:
I;
Feb "
15%
100.
21
55% ! .55%
75
71V,
•
—
class B—;—
20%
21
»
Kroger
18%
55
I
6
1,405.:.;
1
;i
36
53%
'
53% ^
——
8%
32
35%.
I—*
II10
:
——
X
22%
Motor Truck
Goebel
'
SV*
8% ?
Federal
General
Jan
76%
Oct
i
Bep
7%
Jun 'V
63 ;
22"
100
12
Jun
>6%
20
—
Gar Wood Industrie*' common———1
Apr
32%
Navigation___d—5
—d
Corporation
Friars
Oct
'
common—.
Frankenmuth
Apr
8
July
Apr-
-,>4 T
24
,
5%
Bros
Detroit Gray Iron common
Dived
Feb-
<r
26 Va
.1
Jun •
26%
95..
505
22
/
12
12
*
Dow Drug 'common
22%
170
6%
11% Aug
26 Va
7 Va Mar'
-
1,410 !
6'/a
)
Oct
Feb
25%
Jun
18%
.
35
5%
4 ■-■•
''.f'
u
Yard—
Stock
Union
Cincinnati
-.50
.
378
31%
4% ?
■
Warehouse.— -;25
Tobacco
Cincinnati
25
Tel..
Bell
Sub
&
Cine
5%
31%
;
31%
4%
200
...
26%
25%
«...
——
5
5
?
26% ?;
Champion Paper & Fibre..
—
*
Churngold Corp
_
Cincinnati Gas & Electric common -SVa
Btreet
19
33
1
Detroit
High
Jan
130
19%
f-
3%
Low'
ii.
((v.i.'t':
7
18%
.
•.
V*
5
•
Cincinnati
19
32%
19„
32%
*
'
Beau; Brummell
600
85c
>
•/
Shares-5 Range Since January i
'
High
6%
Mach—
Laundry
Balcrank
90c
90C
»
for Week
of Prices
'
Aluminum
105
Continental Motors common
Sales--'-.
Range
Last-;';'"
Sale Price
*!
212
22%
'
Wfcek's
Fridays-
STOCKS—
-
9%
22%
—■—1
—10
—
Consolidated Paper common
vi' I
2,540
.
9%
5
:
Consumers Power common!!;
i
Cincinnati Slock Exchange
:
11%
1
Brass
Mfg
10%
—2
d
j——.
&
10
.
,
Jan
OcU
Jan
53% Oct
6% July
10
Jan
7%
Jun
11%
Oct
lc
Oct
8c
Apr
"
14
•
661'
10% Jun
15
Sep
mi 10; a32%
1:
a32%a32%
•
115
28
Jun
34 Va
S
260
10 "
,May
14%
Sep
Oct
a53%
a53%a54%
170 '
44%
Jun
56%
Jan
13%
25
25
14
14
-Is
36
THE
(1524)
COMMERCIAL
&
Friday
Gas
—10
(Un)—.
System Inc
Chollar
Cons
Gould
of
N
Consolidated
Vultee
Consolidated
Motors
Continental
Apr
21% Mar
27 Va
Sep
Union
Oil
1,935
6% Jan
15%
Oct
Union
Pacific
200
7 % May
17"»/4 May
26%
27
105
15%
14%
15%
8
8
alO'A al0y»
1
—1
(Un)
al2Va
1
Co
508
8 y#
Jun
12 Va
Apr
Unaed
Corp
<Unj
l
150
5%
Jun
8%
Jan
United
Gas
Corp
—10
—
a
12%
100
8%
Feb
12'A
27 V2
United States
Sep
Class A
Co
Electric
Foods
Motors
(B
United
Feb
Universal
130
20% Aug
23
Feb
Van
11
Feb
18%
Oct
Western
Air
700
31c
Aug
65c
17%
17%
38
38
40
37%
(Un)
a3GV«
a45 % a46%
124
65%
1,518
al5%
al5% al5%
133
a62% a62%
50
a39% a40%
109
34 y»
Jun
2%
2,585
1 %
May
3'A
2,036
36%
Feb
39%
10
635
9%
Oct
12
218
Feb
120
3
of Calif class A
Hilton
Hotels
Holly
Development
Corp
(i 3sU
2%
,
de
Karap's
H
Inc
Pictures
Inc
Jan
Westinghouse Elec Corp
Jan
Willy-Overland Motors Inc (Un)
Jun
3y-*a
Jan
Woolworth
41% Mar
45 %
Jun
65%
Jan
15
a—
(F
45
Interlake
Iron
International
Nickel
150
8%
Jun
10%
Paper
Co
1.70
Jun
4%
Oil
13%
14%
1,269
9 Va
Feb
14%
W)
9%
125
8%
Feb
11'/4
2%
29%
31
2%c
1,000
8%
9%
2,375
1.15
1.25
900
9'/a
10
:
22%
Jan
7%
9c
(Un)
25
10'A Aug
13%
31
Jun
49% Mar
8
Jun
11
Apr
8c
Apr
15c
Jan
9%
9%
120
8c
8c
2,000
4%
4%
6
3
4,355
16
16
237
15
47%
520
43
9
May
Lane-Wells
1
7
i
Aug
47%
(Un)
Co
Loew's
Los
47%
39
Jun
47%
20
5
Jan
7%
65
20
Jun
26'A
Petroleum
Merchants
8'/a
245
1.05
1.10
300
90c
a20% a21!/a
100
16%
1.05
a21
*
6%
..U
1.45
July
Pictures
Monogram
Lehigh
16%
290
14%
Jan
13%
20%
Jun
26 y2
Nash-Kelvinator
(Un)
Corp
1%
1%
a51%
12
11%
12
9%
Feb
—
7
7
581
5y4
Feb
7»/2
26%
5%
28y2
5%
714
130
21JA
Jun
28 y2
Oct
4%
Jun
7%
Jan
45%
45%
385
23%
—
Jun
Jun
1.90
300
2V2
119
48%
Juni
11
Jun
15%
Jun
147/a
15'A
780
8%
8%
240
3
Jan
i
Si
Power
Apr
143%
i;
21%
455
17%
Jun
10%
10%
895
9%
Jun
13 %
f
a5c
100
7c
Sep
20c
Jan
8%
Jun
12%
Jan
13A
Jun
3.25
Jan
9
Jun
9%
10'A
60
2Va
10Va
2'A
167
13
20
7'/2
485
10%
44 y2
4%
Jun
21%
21V2
76%
.
....
Jun
22 y«
Sep
16%
21%
Sep
Jan
76%
Oct
34%
Jun
51 V»
Jan
56%
Jun
75 »A Mar
60
25
40%
115
67%
10
1,914
51%
Jun
80
12 v4
Jun
17 Va
Jan
756
6%
Jun
11%
Jan
65%
64%
66 Va
15 Va
15 Va
15%
7%
7%
8%
10
9%
1
:
"9%
Mar
12
Jan
10
Oct
16%
Jun
20
May
14
Jun
17%
32%
Jun
427/a Aug
33
Apr
36%
19%
14%
2,076
10
41%
41%
41%
36
36
36%
155
23%
23%
-
\ 2,580
14'/a
17
div
Scott
Paper
Oil
40%
Jan
Jan
25
249
25%
Jun
28%
Sep
Oct
25
17%
Jun
23%
Jan
736
46% Jan
62%
463
52
64%
984
2
25
23 Va
28 Va
23 3
19%
20 Va
60 %
61%
64%
63 Va
64%
4%
4%
24 Va
24%
1,095
1975
47%
48
1975
53%
54
•
1—1
Gas
Jun
20
31%
24%
common
Co
Corp
United
Feb
22%
31
24%
1.50
United
25%
31
»
common
4^u
24%
.13%
Improvement
Oct
24 y8 May
Jun
447
•
Jan
Jan
5,937
.25 V*
61
preference
...
Apr
23
23%
25
1—3
Jan
Jun
Jun
6%
19
*
5%
3%
7%
•
-
2
14'A
common
Oct
66 Va
5,529
9%
10
9%
-
30
4 Va
3%
3%
—*
common..
Jan
76%
10
PhiJco Corp common
Public Service El St Gas
Jan
7%
40'/a
40%
•
common
Sep
57%
J
66 %
1
10
5
preference
Feb
Jan
llVa
16% Mar
80
488
19%
div
Jan
16
Jun
995
20%
21%
541
7%
21%
13 Va
Light com
11
54%
6%
7%
Sep
65 V2
59% Aug
250
53%
•
L)
Jan
10%
14 Va
11%
•
Sun
Jan
a5c
150%
Jun
693
65
Reading Co
Oct
21%
28%
Jun
13%
12%
& Navigation
Valley RR
$1.40
Mar
•
Jan
138
1,632
143% 144
13
21 »A
105
27%
50
$1
8% Aug
21% Oct
6%
48Va Aug
Range Sine# January 1
Low
High
High
65
Corp
(Glenn
Shares
13
Philadelphia Electric
Feb'
59
•
(Un)
Oct
12% May
tor Week
Low
Pennsylvania Water & Power Co_.
Sep
2%
8%
1
Range
'
Jan
17%
85c
a51% a52'/a
2%
Oct
Julv
12%
Sales
Week's
Pennsylvania Salt Mfg common
Jan
1%
60
45 y8 Mar
-
of Prices
Pennsylvania Power St Light
Pennsylvania
RR
Feb
2Va
15% July
1,200
14%
'
17 Va
6%
1,130
90c
2%
•
Jun
100
9%
90c
9
National City Lines Inc
National Distillers Prod Corp
New York Central RR (Un)
51
Oct
10% Mar
G5
j
al6% al6%
1
(Un)
24%
Feb
Jan
1%
*
-
&
Jun
35
Apr
4%
Jan
100
405
100
Pennroad Corp
Aug
115
1
Coal
Martin
Apr
25%
1
Corp
Co Inc
Montgomery Ward
20%
2%
partic pfd—50
Brothers
Lehieh
Jan
22
Jan
25%
9'/a
1
Co
Feb
*
2%
Motors
Gimbel
8y2 Mar
Jun
t 16%
*
25%
1
——
39'A
*
c
Sugar Assoc $5 pfd
Storage Battery
General
Jan
827
£
t
v
Corp
Electric
Jun
a25
com
<
Middle South Utilities
Sep
■
12
13
Publishing Co_
Eastern
Oct
a7%
8
20
Magnavox Company (Un)Mfg Co
Sep
33 y2
13y8
Fidelity & Deposit Co
Jan
45
1
Menasco
18
26%
12
100
& Tel
Company
Delaware
Jan
a7%
10c
Angeles Biltmore Hotel Co
16% July
Davison cnemicai Corp
Aug
a24%
S
4
Aircraft Corp
Inc (Un»
7
16
56 y2
Sep
5
•
Petroleum
52
100
27 Va
preferred vtc
Chrysler
Jan
42 y8
Corp (Un)
Kern County Land Co
Laclede Gas Light Co (Un)
Locxheed
20% July
12
10
Locomotive Works
1st
Curtis
Jan
27% July
60
8c
1
5%
Budd
July
400
29%
Kennecott
Lincoln
105
Last
Bankers Securs Corp 6%
1.50 Mar
Jun
Kansas Power & Light Co
—
a23 a23%
a4% a4%
al7% al7%
Jan
35
116
12.50
1
iUn>
Co
Baltimore Transit Co
Oct
20
Feb
95c
Tel
Baldwin
May
29%
all% all%
•
(Un)—•
10c
Company
Libby McNeil & Libby
Jan
1,375
Arundel Corporation
Jan
31
Feb
2c
a62% a64%
*
—
2%
2%
1% Aug
425
2V2C
13
Corp
100
1
Copper
86
Stores
American
Jan
(Un)
Kaiser-Frazer
Jun
Par
American
Oct
9%
25c
33%o
Company
76%
Friday
Jan
Tel <fc Tel Corp
International
60
Sale Price
Oct
1,100
of
International
Jade
100
1.75
(Un)—
Can (Un)
Corp
■■■■>.
10%
Petroleum Corp
Intercoast
■
1.70
Independent Exploration Co
Sep
a82Va a82%
May
Va
Philadelphia-Baltimore Stock Exchange
Jan
10%
t
32 y«
Sep
a—
—
1.75
Imperial Deevlop Co Ltd-.;
Jun
Oct
11%
10%
Illinois Central RR Co (Un)
41
25
Sep
52%
34%
1,540
100
Hupp Corporation
24
Jun
1,880
5
(Un>
Inc_
Lines
7%
—5
-—
Mar
35ya
29
45%
*
Bakeries
D
% July
2,000
——1
12.50
6.66%
Co—_
Hudson Motor Car Company
Hunt Foods,
10
10
*
—
20
28%
Oct
a40
2%
•
(Un)
Corp
Hancock Oil Co
540
285
555
46Ya
24Va
i.10
Co
STOCKS—
Greyhound
16% Aug
8% Oct
45%
—
•
Oil
July
119'/a 119'/a
(Un)——*
pfd (Un)
Feb
a32% a33y2
24 24 Va
(Un)_—10
Corp
Consolidated
Feb
37
64%
5
Goodyear Tire & Rubber Co common—*
Graham-Paige Motors Corp (Un)
1
Great Northern Ry Co
Feb
6%
1
Co
Steel
States
Jan
a40% a40%
Corporation (Un)—_5
Rubber
Bros
525
17"%
10
common
Company
F)
Sep
9%
•
(Un)——
Corp
General Public Util Corp
Goodrich
7%
Jan
•
(Un>
Corp
General
General
Feb
7y»
1
—1
Ltd A
Liquidating Corp
General
Jun
5
5
Exeter Oil Company
A. R.
22
100
250
a20% a20%
—1
—
Electric Bond & Share Co (Un)
F.
90
a7
7%
a23a28%
a28'A
common
High
10%
Oct
W '
7%
Corp
Co
Corp
Low
11
■
8%
22(4
40Va
—
—
Range Since January 1
40
__
50
(Un)
Co
8%
22'A
—
6
Warner
Zellerbach
Publishing
Curtiss-Wright
Railroad
Shares
High
al4%al5%
22'A
25
Calif—
of
United Aircraft
a6%
(Un)
5
(Un)——*
(Un)—•
Crown
Curtis
1
Twentieth Century-Fox Film (Un)
*
Carbide & Carbon Corp (Un)_*
a23%
a4%
6
—
(Un)—
al4%
Union
263A
America inc
Creameries oi
Sep
1.80
95c
Corp
Corp
Apr
29'A
25%
80ft
Corp
*
Aircraft (Un)—1
Tri-Continental Corp
11%
Jan
183
1.20
Liquidating
5
Transcontinental & Western Air
Oct
Jun
10
409
1.15
a28% a29'/s
25
63%
Feb
Sales
for Week
Low
Par
High
July
11%
1.20
Y
Engineering
Consolidated
11%
*
38%
517
(Unj—•
Sav
Edison
Consolidated
&
Week's
Last
Sale Price
Range Since January 1
Low
63%
63
63
Shares
High
Mng——1
(Un)
Commonwealth Edison Co
of Prices
Low
Par
\
(Un)
Cities Service Co
Columbia
v
Range
ef Prices
Friday
STOCKS—
for Week
Range
Bale Price
v';"
v;
ENDED OCTOBER 14
Sales
Week's
Last
STOCKS—
Monday, October 17, 1949
EXCHANGES
OTHER STOCK
RANGE FOR WEEK
CHRONICLE
FINANCIAL
20
-
--
292
1,048
a
;
Va
Feb
-
Feb
Sep
Oct
Aug
5
/ 18%
Feb
25%
Oct
$22,500
43
Apr
61%
Feb
5,550
43
Apr,
61 y2
Feb
*
Nordon Corp Ltd
North
American
l
—
Aviation
North American
Inc
Company
Aircraft
Northrop
Oil
Oceanic
Oil
1,560
8%
Jun
11%
70
16%
Jan
20
50
12%
Jun
17%
Sep
5%
2.00
9,325
30%
568
a31%
a3iy8 a31%
1.412
preferred
5Va% preferred
-
s
.
Transit
4s
-
Oct
32%
A
Jan
Jun
series
Jan
2.65
30%
Jan
24%
1,689
30 y2
Jan
337/a
45
32%
Apr
35%
Pittsburgh Stock Exchange
Sep
Sep
135
32%
32%
a35% a35%
25
5s
20% May
20%
32%
liy4
Sep
1.30
28
18% Mar
20%
29
Jan
July
July
5%
225
1.75
30%
5%
10
Pacific Gas & Elec common
6%
5%
1.75
30%
•
Corp of Calif—
Baltimore
Sep
1
1
d
w
(Un)
Pacific Finance
10%
al7%
8
Inc.
Company
Co
10%
al7 al7'/4
al8 '/a al8y8
1
10
(Un)__100
Co
Ohio Edison
Ohio
(Un)
(Un)
Northern Pacific Railway Co
BONDS
a31% a31%
25
30%
Feb
33 »A
redeemable
25
28%
28%
28%
100
26%
Apr
28%
Sep
5%
redeemable preferred class A—25
28%
28'/a
28%
1,000
27%
Sep
28%
Sep
25
_
preferred
„
Sales
Week's
Last
for Week
Range
Sale Price
Aug
5%
Friday
stocks—
of Prices
Low
Par
Lighting
Corp
Pacific Western
Oil
a52%
Corp
Packard Motor Car Co
10
(Un)___
a53
277
50'A
42
♦
32% July
3% Jun
Pepsi-Cola
RR Co
(Un)
Company
(Un)
(Un)
Co—
•
11%
11%
11%
262
9%
Duquesne Brewing
5
10%
10%
10%
1,138
8%
Oct
Fort
11
12
765
8'A
Jun
22
22%
950
19%
Jun
24
Jan
Harbison
21%
21%
160
18%
Jun
23%
14%
695
14%
Jun
17%
Jan
Joy
31%
317/a
150
30%
Oct
39% Mar
515
75
Pure
•
•>"'
—
a33% a34 %
8
Jan
43%
Pitt
Brewing
Walker
1
Refractories
Manufacturing
com
12
Apr
53
Jan
Mountain
12
20%
Jap
National
July
Fuel
__
I
Seaboard
Feb
32
Apr
12%
412
9%
Jun
14
Jan
Pittsburgh Screw & Bolt Corp.
*
7%
233
7%
Jun
9
Apr
Renner
1
Pittsburgh
Brewing
Seaboard
Sears
Shell
Oil
Co
Roebuck
Oil
of
17%
Jun
27%
Jan
Standard
8V4
5,005
3'A
Jun
8%
Oct
United
5%
4,380
4y8 Aug
5%
Apr.
50c
250
2,438
5%
500
28%
28%
28%
490
Del
6
Mar
48c
Aug
25
Jan
41%
Jun
6%
28%
Jan
8
195
6'A
Jun
29%
270
22%
Jun
30
18%
949
16%
Jan
19%
Steel
States
50
41
Apr
41
42 %
.
6%
996
34%
Feb
42%
Southern Paclfio
31%
Feb
38%
a33% a33y0
4,000
-
30
12c
1,000
July
20% Feb
,12c
Jun
10c
Standard
Oil
Co
of
28c
Jan
Invest
American
Tel
Tel
Brown
Shoe
1,330
18%
Jun
24%
Sep
Burkhart
1,084
14 %
Jun
17%
Jan
Clinton
Mfg
33%
2,026
29 y2
Jan
33%
Sep
Falstaff
Brew
230
27%
Apr
General
Electric
' a30%
29% Aug
3iy8 Oct
General
Motors
'
Griesedieck-Western
40
28 Va Mar
29
28%
29
456
26 y2 Mar
30
Sep
26 Vs
26%
26%
397
23%
Apr
26%
34%
34%
188
33%
Apr
11
11%
3,814
10%
Sep
35% Aug
11% Oct
45 Va
443
34%
II
common
/
68%
(new)
Oct
Apr
6
4%
Sep
•
Jun
34%
Jan
26%
27%
136
20%
Jun
27%
Oct
12.50
Exchange
Sales
Week's
Range
of Prices
Low
—-ZlOO
143%
for Week
,
Shares
Range Since Jannary 1
Low
High
19
19
V
143% 144
110
542
36%
110
22%
22 %
—i
■
—
31 %
30
High
Feb
19%
Oct
.Tun
150%
Jan
28 % Mar
36%
Oct
Jun
25
Aug
Jun
31%
16
-
138%
250
31%
35%
24%
Oct
19%
19%
19%
526
19%
Oct
21% Oct
37%
37%
37%
147
34%
Jun
40V*
Jan
64%
66
464
52%
Jun
66
Oct
26%
—1
(Un)
common
common
(Un)
Brewing
.—10
26%
118-
19%
Jan
29% Aug
23
Jan :
39%
40%
Jan
45%
Feb
Oct
10
Feb
65%
2
common
49%
Jan
Key
27% July
37%
Feb
Knapp-Monarch
17%
Apr
22
Oct
68'/a
68%
557
56 Va
Jun
69%
37%
Feb
25 %
3,189
11%
807
-■
common.
4
7%
1,525
5
Jan
common
—20
107
23
July
Laclede
Gas
Laclede
Steel
Sen
North
Jun
20
Sep
Rice-Stix
Jan
30
Feb
a68
85
58
Feb
23%
23%
590
14%
14%
19,005
64
Portland
American
Cement
com
(Un)_.
5
Stix-Baer & Fuller common
10
14%
Oct
Wagner Electrio.
common
Jan
14%
10
13% July
17%
Jan
19%
348
16
Jan
19%
Oct
17%
17%.
255
15%
Jan
20 %
July
21
21
Jun
Feb
28
4%
4%
Jun
25%
5%
42%
42%
210
34
Jun
42%
Oct
10%
10%
95
10
Sep
15
Jan
13%
13%
90
12%-May
13% Mar
37%
38
22
33%' Jun
46
1
Jan
34
14%
21
.50c
Mar
25%
Jan
Mar
7% Aug
42 \k
common
St Louis Public Service class A
9% Sep
8%
14
18%
28
19%
.10
Sears Roebuck common.
FHorprtgr Aluminum common
19% Jun
Jan
Oct
Laclede-Christy common
11%
62%: Oct
4%
Jim
Jun
'Feb
6% July
10
9%
17%
125
50
—25
49
9%
7% May
125
—10
28%
270
4%
Missouri
35
45
196
8
12%
7%
McQuay-Norrls common
250
-
4%
Oct
*67
14
9
25%
321
20
8
12%
Feb
62 Va
45%
45'/a
1
16%
62 Va
19%
—
5
common
Sep
43 Va Sep
72% Jan
a30% a30%
—.
*
common
•
:
62% Jun
12
55
241/4
45%
*
I
Jun
60
28%
28%
8hoe common.
Johnson-S & Shinkle
235
11 Va
-
42.
32%
International
22
a71 a72%
24%
1
——
page
45 Va
a43% a43%
_25
—
see
■
22
„25
footnotes
■;
a33% a331/2
__
•
For
18%
Sep
•
—
Jun
21%
—8
common
29%
Eunray Oil Corp common
—l
4%% preferred B——
.25
Swift & Company (Un)—
25
Texas Company (Un)——25
Texas Gulf Sulphur Co (Un)—*
Tidewater Assoc Oil Co (Un)
10
Transamerica Corporation
2
12 %
260
-15
common—
Industries
29 Va
•
Studebaker Corporation (Un)
Mar
275
—
(Un)
common
.33%
Standard Oil Co (Ind) (Un)
Standard Oil Co (N J)
(Un)
16c
4%
common
&
.
33 %
Calif—
Sep
Feb
27%
v
American
Feb
33% Aug
16%
a30% a30%
Jan
75c
6c
4%
Par
24%
Company
(Un)
245
8%
Jan
27'/a
Last
Jan
4c
16%
5
Southern Railway
Company
Standard Brands Inc (Un)
13 Va
Jun
6% July
3% Aug
35% Oct
50c
Oct
10
5c
29%
pfd class A—25 /'
13c
600
23,200
;
Apr
4V2
Huttig S & D common
So Calif Gas Co
Southern Co wd
Feb
2V4
28%
27'/a
Bale Price
16%
25
Jan
3%
1
stocks—
25
—
lie
St. Louis Stock
25
—
4.32% preferred
c
Brake
Electric Corp
Westinghouse
25
'
t
v
Westinghouse Air
23%
!
1
com
Friday
42%
5c
Corp.
-
50
7%
75c
17%
13c
Apr
12c
Socony-Vacuum Oil Co Inc <Un)19
Southern Calif Edison Co Ltd com—25
8pring
Glass
Sep
__
—
7%
75c
1
'8% Mar
a39% a39%
42%
TV
Toy Mining
Sep
a55 a55 Va
*
Jan
23%
Oct
17 Va
8
*
8%
Jun
2% July
6% July
15
Jan
29%
—
__
Oct
Jan
Sep
4%
San
72 %c Mar
18V4
5
Corp
—25c
SignalOil& Gas Co class A——*
Signal Petroleum Co of Calif
l
preferred
4.56%
preferred
4.48%
preferred
348
40%
15
4.88%
21%
5
1
-
Corp
Oil
Jun
5%
5
Sierra Trading
Sinclair
4'/a
50c
(Un)—1.79 ■!'
(Uni—
Co——;
<fc
1,700
39%
404
35 3 4
35%
10
422
1
5V4
.
4
*
common
Co
7%
—
184
1,800
12
36 Va May
Jun
1
.—_l
Finance Co
3
32%
25%
5%
7%
;
Richfield Oil Corp common—
——
3
105
20%
—
2.50
Inc
3%
467
Ry8
sy8
—
Schenley Industries
8
19
3
32
Pittsburgh Plate Glass
Bafeway Stores Inc——
St Regis Paper Co (Un)
8
19
7%
__
100
5
5
Supply
Fireproofing Corp
32
—
(Un)
_•
Radio-Keith-Orpheum Corp (Un)
—1
Republic Petroleum Co
1
Republic 8teel Corp (Un)
——•
Co_—_———
21%
10
Mackintosh-Hemphill
39% May
•
1
Co
12%
•
Radio Corp of America
Oil
12% Apr
11% Aug
Columbia Gas 8vstem
Jan
Apr
200
Ranch
Jun
Oct
4%
10%
al2
Ryan Aeronautical Co
Jan
Jan
9%
Rice
lO'/a May
8%
42%
;
Apr
221
8%
-
7
640
42%
Drug Ir.c
8%
300
all%
Roxall
147/a Mar
4
*
Reserve Oil & Gas Co_
8%
•
26%
Jun
.
14%
33y3c
—
L)
-
8%
25
Company (Un)
(D
High
Jun
11
200
14 Va
Clark
Apr
Low
17%
130
60
20Va
14
43%
Puget Sound Pulp & Timber Co
Pullman Incorporated (Un)
Oil
20
*
8%
4
50
Phelps Dodge Corp
53%
•
3%
f
•
Pan American Airways Corp (Un)„2%
Paramount Pictures Inc (Un)
1
Pennsylvania
Jun*
Allegheny Ludlum Steel
Co
Range SInee January 1
High
Blaw-Knox
Pacific
Shares
•
15
13%
100
250
5
.
19%
3%
Jan
Jan
Volume. 170. Number 4847
THE
COMMERCIAL
&
CHRONICLE
FINANCIAL
(1525)
37
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDED OCTOBER 14
Friday
San Francisco Stock
Week's
Friday
STOCKS—
Last
Par
Reduction
Co
Alleghany Corp
(Un)
•
(Un)
American
Amer
Power
Radiator
Light
&
Stan
&
Tel
Tel
&
Co
American
Woolen
Anaconda
Atchison
Top
Atlas Corp
(Un)
Bank
Earnsdall
Eenguet
Oil
RR
Co
31%
__
Blair
(Un)
8,000
6
6
300
9
9
9
225
245
253
30
a51 a51%
75
42
15o
a__
(Un)
2.40
2.70
a20% a20%
a46
Service
Clorox
Colorado Fuel
Edison
a—
2% Aug
7
Jun
33%
Jan
Jun
23%
14%
Jan
1.95 Mar
2.70
Oct
18% Aug
24
Mar
40%
Feb
45
May.
51%
22
Jun
35
34%
35
475
30
Feb
36%
Jan
__
10
10
1,000
10
Oct
10%
13%
13%
13%
238
10%
Jun
14%
Jan
32
32%
1,000
27%
Jun
34%
Sep
10
__
100
al01% al01%
__
•
2974
'
Jun
30%
Jan
Jun
1.80
Jan
29%
Sep
34%
Jan
118
18 V*
Jun
32%
Jan
665
44%
Jun
57%
Jan
62%
63
624
43% Mar
63
Oct
31%
__
32%
330
25%
32%
Oct
a
100
13% July
18% Apr
16% al6%
a22%
100
100,:
1174
•
a41%
1
1074
85o
26%
__
(Un)._^15
29
26%
450
a41% a41%
__
n23
11%
28%
a23
25
11
Jan
18%
Jan
22 %
Jan
Apr
9%
Jun
11%
25%
Jun
29%
Auto
National
Vultee
Continental Oil
Creameries
Crocker
Aircraft
Co
of
(Del)
Amer
First
Natl
(Un).
5
Inc
Bk
10%
255
Sep
21% Mar
27 %
Linen
Sep
43 Ve
Jan
Jun
12%
12%
__
Jun
8%
Jan
12%
Oct
10
87%
Jun
95
Oct
50
12%*'
95
com)..25
8
Apr
55*%* Jun
95
.
54
Zellerbach Corp
2nd
preferred
Crucible
Steel
Co
of
(Un)
13
90
10
16%
Jun
20%
Apr
7%
1,020
7%
Jan
9%
Feb
96
(Un)
Amer
Corp
Mar
1
774
__
•
96
101%
96
May
Giorgio Fruit
Class
B
Dominguez
Chemical
Dumbarton
du
Pont
Fields Co
Oil
Co
(Un)
(
a50%
10
(Un)__10
a43%
a4274 a43%
90
11
261
Apr
El
Kodak
Dorado
Electric
Oil
Eureka
Food
•
& Share
Capwell
Corp Ltd
FAR
common
Works
Bond
Emporium
Co
Oct
Co
(Un)
5
Co
Liquidating Corp
60
38%
1
i7«
July
Oct
U
Jun
11%
May
North
American Inv
74%
Mar
76
Jan
North
American
Northern
Oil
Pacific
Occidental
General
Electric Co
(Un)
Foods CorD
(Un)
General
Motors
14%
Jan
12% Mar
18%
Oct
39
Jan
li'o
Sep
176
% May
% July
7%
22% May
28%
Jan
General
Golden
4%
Paint
State
Ltd
Tire
North
Greyhound
Hawaiian
Hobbs
Honolulu
Hudson
Hunt
Ry
non-cum
Oil
Oil
Co
United
Oliver
Paauhau
Pacific
Can
Pacific
Ltd
class
Co
A
(Un)
*
Corp
•
Co
Car
12.50
Idaho
Idaho
_6%
(Un)
Maryland
Power
1
Mines
(Un)
Corp
Co
Independent
Nickel
of
33760
Canada
(Un)_*
Gas
Pac
6%
Tel
&
Tel
com
(Un)
Johns-Manville
Corp (Un)
Ksiser-Frazer Corp
Kansas Power & Light
*
•
1
8.75
Kennecott
•
Kern
5
Copper Corp (Un)
County Land Company
Libbv
10
McNeill & Libbv
Inc
Magnavox
Marchant
Martin Co
Matson
For
Co
1st
Pacific
4.50
Navigation
footnotes
Co
see
(Un)
page
42.
12%
100
5%
5%
17
12%
Portland
a7
0
i
25
a7
Pacific
Tel
Parafflr.e
Tel
200
40%
974
40%
10%
155
34%
Jun
40%
10
919
9%
Oct
11% July
18%
18%
18%
1,503
4,493
36%
1,076
33
Apr
36 y8
Oct
32
488
30
Apr
32%
Jan
__
16% July
19% May
18
23 % Mar
30
57%
60%
1,055
42%
Jun
66%
14%
667
10 %
Feb
14%
Oct
974
9%
100
8% Aug
2%
2%
100
2
28%
807
26%
Apr
29%
Oct
"
28%
28%
173
27%
Sep
28 y2
Sep
~
52%
53
800
50
Jun
54
Jan
53
>„
61
102% 103%
__
__
4%
15%
a47%
46%
—
a33
9
125
30
9
9%
a2934 a29%
950
..
124
32%
7%
26
Jun
Aug
2% Mar
9%
155
a41% a42%
4%
6
1574
16
a47% a48%
45% 47%
9%
190
5,285
549
Radio
Ry
Inc
100%
44
574
15%
Feb
19 y4 May
24%
200
24 %
Feb
26 y2 May
100 100%
113
89
Feb
103
1/64
8,460
1/P4
a43% a43%
3
38%
Sep
Sep
39
4
820
3%
Jun
Corn
B
C
(Un)
Preferred
2%
__
a32%
100
__
1
25
(Un)
15%
Jun
20
Jan
115
19
Jun
24%
Feb
178
14%
Sep
17%
Jan
9%
710
8%
Jan
11%
Apr
43%
180
37
Jun
49 y2
Feb
60%
60%
540
52%
Feb
60%
Oct
Oct
2%
2%
100
2%
11%
11%
? 800
11%
33
a32 a32%
100
a24%
a30%
'
•
__
1"
1
17%
•
__
H:
Sep
Feb
19% July
Jun
3174
Reynolds Tobacco class "R (Un)
Rheem Manufacturing Co
'
Oil
Cement
Bros
Corp
class
Co
common
__
(Un)_.•
A
201
1,356
30
8
100 "
30
Sears
Jan
Oil
14%
Jan
33
42%
Jun
62 y2
Aug
137
21%
Jun
28%
July
34%
Feb
20%
20"%
845
17%
Jun
26%
Jan
39%
17%
39%
18%
40%
28%
287
35%
40
27%
1,330
Soundview
21
700
10
16%
Edison
28%
628
;8c
a42%
9c
a43
25,GOO
39%
.39%
33%
234
—
8c
—
23%
16%
26%
Co
com
__
a30%
34
25
5
11
Co
•
—
G)
1
1—
(A
(Un)
Oil
Oil
Co
Standard
Oil Co
Studebaker
(Ind)—
of
N
32%
23%
16%
26
17
26%
33%
150
33%
1,045
1,354
—
28
—
1
24%
Swift
&
Texas
Tide
(Un)
Co
—25
Union
8%
Jan
Apr
a32%
9
142
418
28
Union
Oil
Union
Calif
Sugar
Co
Carbon
(fe
of
Aircraft
Air
Feb
•;•(,"
20%
18%
372
18
18% July
Oct
39 y2
Oct
34
Aug
.
Jan
Jun
24%
Sep
Jun
17 y8
Jan
21
Jun
28 V*
Apr
858
29%
223
1
14%
914
26% 267/2
a29%a29%
a30% a30%
34
34
28
Mar
31
158
24
May
26%
Sep
Oct
Jan
33%
Sep
rSep
50
26% Mar
29%
10
33%
Apr
35% Aug
11
11%
1,130
10%
Oct
11%
Oct
43 %
45
1,127
33%
Jun
49%
Jan
al2% al2%
a26% a26%
22'/a 22%
80
11%
Oct
11%
Oct
44
24
July
27%
Apr
100
18
Jan
22%
Oct
55%
Jun
70
1,388
68%
a43% a43%
72 72%
24% 25%
30%
62
50
39% Aug
Sep
42% Sep
519
61 u>
Jun
72%
1,055
16%
Feb
25%
Oct
Mar
30%
Oct
279
30%
62%
30
Oct
Corp
'776
48%
Jun
62 y8
Oct
24%
24%
540
19%
Jun
25%
Jan
13%
13%
14%
20,249
10
Jan
14%
Oct
40%
28%
13
40%
( 29
13
335
33%
Jun
41%
Jan
25%
Jun
32%
Sep
11% Mar
13%
Jan
__
common
(Un)
•
—
28
—
13
a23
696
300
45
a23a23%
21
Jun
24 y4 Mar
14% Mar
14
14%
240
10%
''an
(Un)
1
4%
4%
4%
208
2%
Jan
4%
Corp common
•
24%
23%
24%
1,091
20%
Jun
24%
45%
3%
467/2
3%
400
35
Feb
51
150
2.05
Feb
3%
Oct
7%
7%
150
7%
Sep
9%
Jan
—
Lines
10
Inc
United Corp of Del
__
U
S
Steel
Consolidated
Sugar Co
Oil
10
—
—5
1
(Un)
Equipment Co
—
Warner
Bros
Pictures
,
Oct
Jan
Jun
27%
Sep
Western
17%
Apr
Westinghouse
Apr
Dept
Wool worth
(F
W)
12% May
12
285
285
60
85c
86c
1,400
5
2,300
al8% al8%
16
17
25
1,771
17
Oct
27 /4
46
432
21
Jun
27%
Oct
315
44%
Jan
49% July
1
:
Corp (Un)
(Un)
Jan
11%
—
—
5
Stores———
Elec
9%
—
100
(Un)
Jun
620
Oct
July
(Un)—1
(Un)
Wells Fargo Bank & U T
Petroleum common
Westates
■
,' 5
4%
31% May
17%
Oct
Mer
24 %
12%
,.5
(Un)
i
United
West Indies Sugar
Feb
common
Corp
Carbide
42
10
26
Oil
Ass'd
11c
Feb
2
(Un)
Company
Water
__
.
Feb
31
It.
32%
24%
28%
6c
32% Mar
21%
11%
Feb
34%
32)
68%
25
-
(Un)
J
(Un)
Corp
a26%
•
:
of
Co
Standard
__
1
•
Calif
corp
Standard Brands Inc
Universal
Jan
1,420
Sep
12%
Jan
28%
a42%
•
15
Gas Co pfd ser A
Pacific
Southern
Utah-Idaho
18
29
Oct
25
Oct
Jun
15%
Odt
11
4.56%
Jan
Jan
15
28%
10%
8
Cumulative preferred
47%
Jun
Sep
Feb
21%
10%
•
preferred 4.32%
Southern Calif
55%
5%
Jan
41%
July
—
Jun
7%
19%
23
33%
Jun
6%
95
Oct
Jun
Jan
57
25
25
41%
14%
"
39%
14
25
29
(Un)__»
Calif
4.48%
39
16%
23%
Jan
4S0
28
convertible preferred
Southern
Oct
325
a9%
Jan
Jan
645
15
a9
28
Jun
265
15
r
Pulp Co.
16
8%
2374
9%
696
...•
Signal Oil & Gas Co A
Sinclair Oil Corp
(Un)
Socony-Vacuum Oil (Un)„
Sep
Sep
Jun
Jan
Apr
32 y» Apr
55
12%
55
28
„5
P10
Co
&
Co.—
Sep
20%
21
al674 al6%
a33
9%
Feb
1
—
_
Stores Inc
Mining
Roebuck
Apr
27% May
25%
21%
35
32% July
10
——
Maurico
San
40%
9
2% Oct
Jun
a24% a24%
a30% a30%
12%
•
;
Republic Steel Corp
Feb
1,430
a33% a33%
•
com
Jan
43%
•
(Un)
4%
19%
19
-
•
America
Sep
9%
1
(Un)
Sep
A
al4y8 al4%
al4%
33%c
25
Equip <& Realty Co Ltd pfd
11
3
July
a21%a22%
-
•
Incorporated
3%
1974
1
00
(Un)
of
1/64
4
•
(Unj
of
<
__
•
pil Co (Un)
Jun
15%
Oct
940
17
24%
__
__
Puget Sound Pulp & Timber
Pure
•
Co.
Mines
Pioneer Gold
Jun
8
33%
Sep
61
61
17
10
2.50 Sep
35
104 y4
100% Jun
57%
*
(Un)
Co
Petroleum
Fhiliips
Transamerica
Jun
34
Jan
2874
Jan
13%
1.70
30%
28 %
100
Oct
23
a36% a36%
9%
2% Mar
23
3,600
Sep
32%
Aug
10
(Un)
Pepsi Cola Co (Un)
Phelps Dodge Corp (Un)
Standard
2.35
Apr
30
(Un)
Sperry
2.15
Jan
6
21
Apr
common
Pictures
Jan
890
11
Feb
8%
6% July
3% Apr
Jun
18%
27
•
Corp
com
Pennsylvania RR
44
37%
2%
2.35
,
6% Mar
Jan
35%
A__25
common—
Oil
Companies
Paramount
Jun
102
244
2
Feb
5
110
common
Southern Co wd
66%
66%
a3974 a407's
__
Jan
13%
29%
•
Cement
Packard Motor Co
Spalding Inc
9%
Oct
Jan
31%
__
;
Oct
__
Jan
33
29%
——
&
Jun
__
Mar
2.65
30%
29%
common
Service
Western
66%
May
41c
Sep
Aug
1.40
25
series
Rights
Pacific
14%
__
Jan
Sep
25
preferred
Jun
56
1% May
Jan
60
Oct
20c
Jan
17%
Jun
13% July
558
20%
16% Jan
__
37%
40
5
20
32%
32%
-
a7
4%
4%
20%
25
preferred
Public
Pacific
Jun
5
•
12%
23% May
10
Jun
—
Pacific
Feb
8
1
(Glenn L)
150
29
Lighting Corn
preferred
10
1
Calculating Machine
31
5
preferred
red
10
21
•
31
__
_10
(Un)
common
red
5'/o
885
•
(R H) common
28%
common—.
5%
Preferred
Macy & Co
435
15
preferred
395
1
(Un)
1,500
30%
20c
•
1st
12%
7
Lockheed Aircraft Corp
Loew's
400
2.00
30%
B
preferred
1st preferred
Victor
Leslie Salt Co
class
Electric
&
1st
5% %
United
International
20c
1.85
30%
1
Plantation
Co
14%
20
Exploration
International
1
75
cap
Aggregates
Finance Corp com
12%
2
•
862
al8
Coast
Pacific
13%
a40%
V
45%
*
Filters
Sugar
12%
(Un)_*
Foods Inc
Hupp Corp
Oct
3
44
al7%
(Un).
Oct
65%
1
pfd
44%
al7%
I
Ohio
70
10
distributed)__8
(when
20
100
(Un)
Petroleum Corp
com
Jan
45%
Jun
•
(Un)
(Un)
Pineapple Co
Motor
39%
Jan
53 %
*
Corp
Eattery
Jun
41%
1,510
100
Rubber
&
Graham-Paige Motors
Great
34%
265
65%
common
preferred
Goodyear
38%
45%
64
__
Cons.._
Ry
Ohio Edison
14%
Corp common
Co
37%
44%
576
•
*
100
Jan
161
10
Corp
pfd
Oil Co
Oceanic
Cumulative
General
5% %
47% Mar
31
Jun
12%
Oct
19
Safev/ay
Sep
7
9%
9% Jun
10
Oct
com
E & W Fine Foods Inc.
50%
700
j£
__
10
850
a2G% a26%
__
39
%
__
1
Machinery & Chemical
al7% al774
__
*
—-
11
__
Sep
100
700
Jun
Co
Oct
54
•
7y»
11%
7y„
11%
Jan
Feb
Jun
Jun.
7%
H3/8
Oct
47% Aug
40
5% Mar
7%
11%
Oct'
8% Aug
8%
Shell
Eastman
Oct
14%
17%
998
' .119
5
21%
450
Jun
43 %
Feb
670
3
225
Jun,
1,041
300
566
Jun
6%
17%
10%
3%
6%
9%
145
296
10%
Riverside
6%
1,470
8%
17%
74%
Roos
a54%a54%
6%
14%
8%
17%
Jan
a5434
14%
10%
Jan
5
Jan
10%
12%
30%
15%
Jun
17%
12%
Apr
10%
10%
Jun
24%
300
10%
Juijl
30
Sep
14%
1
8%
6
23 y2
•
8%
3%
19% Mar
10
30%
a50% a50%
:
30%
15
(Un)__
de Nemours.
I)
__
•
common
Bridge
(E
*
—
_
345
(Un)
405
9%
;;
23
(Un)
1,100
8%
9 1
57% Mar
6% May
Jun
American
9
8%
com—5
5
Doernbecher Mfg Co
Dow
class A
Corp
common
48
American Aviation
Richfield
Di
Feb
10
362
North
Oct
Jun
94
29
101 101%
101%
*
Curtiss-Wright
29
20
76
28%
__
•
1,591
al8% al8%
5
common.
Preferred
Feb
8
7
___1
(Un)
8
Sep
July
52
———•
Central RR
3%
Oct
23c
a20% a21%
14%
g%
Corp.—
July
14%
a20%
Service
25
North
Rayonier
Crown
__1
Jun
22%
__
—1
10
2.10 Jan
7
;
5
—
Sep
41%
225
a6<% a64%
__
1
(new
10%
.3%
Jan
Jun
22
15'c
High
24
Jun
1.35
51%
__
L2
Prouuets%un>____•
Natomas Co
Puilman
Consolidated
3%
Fibres
City Lines
1st
90c
V 501
29%
lac
22
—
53%
53%
lac
(Un)
Corp
Distillers
Y
i»c
(Un).
10
National
N
31c
pfd (Un)_____10
Co (Un)
•
National
Oct
24
2,200
29%
a—
a..
341
1.60
a26% a27%
__
53%
*
UTn).
28%
1.50
1.60
10
Co
25
28%
__
1
of N Y
Nash-Kelvinator
National
29c
Co
Morrison-Knudsen
32,800
l,o5(j
' 29c
&
Ward
Montgomery
400
—_1
(Un)_
Monolith Port Cement
Jan
25
Cons
M
&
100
1,75
P10
Mother Lode Mines
M
I
Low
25
1,75
__;i
Range Sine* January 1
High
25
__
._1
.
5%
Jun
9
&
J
Co
Shares
Low
10
Monolith Portland Cement com
Jan
5%
(Un)
Gas
M
Oct
13%
Co
Co
Mindanao
Sep
44 %
58
Mfg
Inc
Co
for Week
—
2% Aug
470
common..
Natural
Aug
250
Benson
Consolidated
Jan
50
9
Sys class A___2%
System com (Un)
*
Consolidated
355
Mar
15
3%
Iron
Gas
Commonwealth
Jan
8%
Broadcast
Columbia
Jan
10%
14%
(Un)
&
7%
Jun
•
Co
Columbia
Jun
9
America
Co
Mar
—
common...
Mining
Chemical
a5174 a55%
__
1%
(Un)
preferred
of
a46
32c
237% Aug
10
—
Jun
8
440
10,275
25
a46
Oct
Mar
2%
common
Railway
Tractor
Corp
2.60
Jan
6
5
"
165
7%
5
Co
Pacific
Eureka
a29
7
1
Ginger Ale
conv
a28%
7
23%
Jun
22c
2,100
a29
Chesapeake & Ohio Ry (Un)
_25
Chicago Mil St Paul RR pfd (Un)__100
Cnryaier Corp
25
Cities
2% **
4%
Jan
•
Packing Corp
Celanese
2%
5
(Un)—.;
California
Central
a31V2 a32J/4
__
2V8
15
Cement
4.20%
80
*
Calaveras
Caterpillar
__
5
(Un;
102
Aug
20% Mar
30c
1
Sullivan
7%
87
26c
(Un)
&
Jun
30c
(Un;
Corp
Sep
1074 Sep
Jan
500
2
Borg-Warner
36%
Sep
5
227
a22'/4 a23%
31% Mar
6%
400
98
34% Jan
5%
<Un>
Canadian
98
Jun
36
10
6%
Sep
Feb
25%
50
6%
62%
37%
5%
(Uni_
Dry
a37
Jan
28% July
4,639
PI
Holdings Corp
Canada
31%
Feb
May
5%
100
Boeing Airplane Co
Bunker Hill
160
all Ve all V4
__
51
53%
149%
22% Jun
125
a37
__
100
A
N
common
Steel
Co
1,287
4o
30%
__
45% Apr
138% Jun
439
-
a23%
Bishop Oil Co
Borden
47%
a27%a28%
Corp
Mining
Cons
Bethlehem
Oct
Jan
3
Ohio
Aircraft
Beech
12%
14%
5
California
of
Feb
a63% a63%
26
26%
Mfg Corp
&
Feb
Jun
2'/2
10P
Imp Diesel Engine
Atok Big Wedge Mining Co
Baltimore
7%
7%
26
(Un)
374 Aug
12% Oct
10 V*
47%
a63%
100
Atlas
Avco
530
143% 14374
—
—5
23% May
Feb
2%
90
47%
(Un)__*
20% Feb
150
*
(Un)
Santa Fe
&
9%
High
13"%
1374
a28%
—
Arkansas Natural Gas class A
(Ill)
W
•
Archer-Daniels-Midland Co
Co.
135
3Va
.
Frank
Menasco
al2% al2%
__
1374
14
(Un)
Ranee Since January 1
Low
22%
-50
(Un)
Anglo Calif Natl Bank___
&
9%
8hares
&
Sales
Range
of Prices
Sale Price
For
Meier
High
20
Copper Mining
Armour
;
(Un)__*
(Un)
HV8
9%
-
*
(Un)_—_10o
American Viscose Corp com
Co
*
(Un)
22%
__
(Un)__l
(Un)__
San
American Smelting & Refining
American
22%
1
American Airlines Inc common
Low
Week's
Last
'
for Week
of Prices
r.
STOCKS—
Bales
Range
Sale Price
Air
Exchange
1
50c
12%
10
al8%
17
—
—
26%
46
270
85c
Apr
Feb
4%-Oct
17%
Jun
13% Mar
290
Aug
1.20 May
7%
Jan
22% Jan
i
38
COMMERCIAL
THE
(1526)
&
RANGE FOR WEEK
ENDED OCTOBER 14
Friday
Montreal Stock
STOCKS—
Exchange
STOCKS—
R*»g®
Sale Frit*
-Sale Priee
ef Price.
■
Abitlbl
Power
$1.50
&
Paper
•
common.-
preferred
Montreal
lor Week
Morgan
Range Since January 1
.Shares
20'A
9,520
Jun
24%
102%
197A
Tramways
(H)
1,160
30
.—,——*
£214
51 '/a
52'A
715
41
26
26'A
285
25%
6%
5%
pfd
25
—
Jan
National
Steel
Bell
&
Paper
class
61%
Jan
Noranda
26%
Sep
Jun
9%
Ogilvie Flour Mills
1% preferred
Ltd
8
6%
8
7
7
3,325
Jun
7
Sep
a75
70
61
Sep
76
Mar
Ottawa
24
24
24'A
775
21
Jun
26%
Apr
Jan
5%
•
Telephone
Brazilian
Trac
British Amer
■
cl
Corp
Pen mans
26%. Oct
B
—*
5%
4%
*
$1.30 preferred
Canada Forgings class A
Canada Iron Foundries common
Power
Steamship
28%
20
common
Northern
28%
*
28
4%
preferred
3
Jan
Regent Knitting Mills Ltd
Sep
Rolland
3%
Sep
Sep
Saguenay
Sep
St Lawrence Corp
1st preferred
6
Aug
35%
16% May
18 %
18%
130
10'A
10
10%
Jun
29
657
Jun
30
Feb
8%
28
Jan
11
St
Feb
22%
Apr
Sep
*
14
14
14
375
12
Jun
15%
35%
35'A
35%
1,136
33
Jun
37%
Celanese
20
-
*
common
class
Class B
pfd
_
14%
150
24%.
3,282
18%
5,893
23%
Jun
19
Sep
23%: Jan
July
•
Jan
Class
13
Jun
17
Jan
,4%%
19
Jun
24%
Consolidated Mining & Smelting
Qonsumers Glass
..5
•
Southam
195
34% July
20
Mar
22% Mar
Southern
Canada
145
8
Jun
13
Feb
Standard
Chemical
10
80
10
Oct
13%
Feb
Steel
Jan
39
Co
United
125
24
Jun
36%
Jan
Viau
12
July
15
Feb
Wabasso
17%
Sep
9%
Feb
14%
122%
Jan
14,814
11% Jun
7%
7%
84
14
1,076
101'A
'103
839
81
25
30
20
7%
Jun
May
Jun
,
.
Feb
Tuckett
•
Common
t
v
Donnacona Paper 4%%
Dryden
;
pfd..:
*
pfd
Famous Players Canada
Corp.
Foundation Co of Canada
Fraser Co
common
Gair
Co
Qatineau
5%
Jan
40
Sep
18
101
10
Jun
21
509
22%
Jun
27'A
Oct
5%
47%
v
50
4,490
36%
Jun
25 JA
25%
2,389
22 %
Jun
25%
Oct
-47%
48
714
45%
Jun
48 %
Jan
18%
,19
60
25
Jan
20
20%
1,195
Power^
preferred
140
35%. Feb
45
Oct
31
Feb
35
Aug
Jun
17%
Jan
Montreal
32%
32 %
105
23%
24%
275
24
24'A
11
10%
11
21% Mar
22
a98
a98
10
90
•
•
100
5%% preferred
General Bakeries Ltd
100
-
•
370
158
Jun
32
Jun
-..Oct y.
9'A
Sep
90
Oct
85%
Feb
13%
Jan
Oct
28
16%
Oct
4,800
24
Jun
33
25
21
Apr
,g97
10
98
Mar
18%
Jan
25
'
18%
100
33%
33%
34
1,332
99
99
99
75
___*
48
48
.48
Oct
■;
Apr
100%
Jan
19
17%. July
!_
21
Aug
26'A Mar
150
21%
Jan
27
Feb
37
Apr
Jun
100
.Feb
39
Feb
48
.Oct
24%
Jun
25%
19% Mar
20%
10%
Sep
12
Jan
170
•20%
20%
20%
25%
27
25 >A
25%
535
22%
Feb
25%^ Oct
26%
27
866
25
Jun
27
:.io
37%
37%
37%
220
34
Mar
.10
Mar
25
90
■
165
25
88
Scotia
Nova
.
"
...
26
26
26
2,423
24%
Jun
38
38
410
,35%
Feb
Royal
July*.
Toronto
......
-.—.^,....-,.....—.10
16
16
25
14%
Jan
16
Apr
19
Feb
20
July
13%
Jun
15%
Jan
Acme Glove Works Ltd—.
•
24
Jan
30
Sep
Anglo-Nfld
5
Jan
Atlas
Steels
Fabrics
19%
19%
11%
1
50
15
15%
2,930
Jun
25 !A
Jan
Mar
-2%
Oct
Friday
28
170
19
4,952
28'A
Apr
•
Development Co Ltd
Ltd
Jan
92%
Oct
Bathurst
17
171/4
281
16
July
17%
Jan
17
50
100'A
Jun
106
17
110
108 Va
July
110
100
17
1.75
>200
Jun
Pr
&
Paper
Co
class
B
16%
.Range Since January 1
High
High
.Low
8
100
7
.Aug
15
Mar
14
14
.500
14
Aug
18
Jan
7%
8
935
7%
Sep
12%
a3%
a3%
50
3%
Oct
5%
Feb
5%
5'A
50
3%
Jun
6Va
Jan
13%
100.
13 %
Oct
al65
al65
6
165
Mar
165
Mar
163
165
5
160
Mar
170
May
2
2
300
2
Aug
30c
40c
6,300
30c
Oct
15
15
50
13
Jun
15
Jan
11%
11%
200
10
Apr
12 %
Jan
4
.
4
1
4
Oct
6%
77
Jun
.
8
—
..
5%
.
14
Jan
May
Feb
Belding-Corticelli Ltd
Jan
2 %
I'M
Aug
cumulative
100
common
preferred
..
100
165
*
*
13
Jun
17%
Sep
Brand
99%
Jun
102 %
Jan
50% May
14'A May
52%
Jan
Brewers & Distillers of Vancouver Ltd.5
British Columbia Packers class A
•
17
Jan
776
8hares
8
*
15
a52
Oct
38
13%
14
•
10
101% 101%
16%
:
Oct
for Week
Low
•
Eeatty Bros Ltd
103
Range
of Prices
.
Products Co class B—_*•
85
a52
Oct
38
26%,Apr .;
Bale*
Week's
*
Par
55
2V2
Last
Sale Price
92%
2%
Jan
.
Canadian Fnnds
STOCKS—
923/4
.109%
105
Montreal Curb Market
Sep
103
>
Jan
Jan
24%
Jan j
10
_
14%
23%
50
10
...
17
27%
25%
Aug
95
'
25%
_
26 % Mar
4,332
__25
■
Jan
97%
.490
:
7%. Jan
Jan
a97
•
i.
170
Jun
33
24
100
common
5'A
24
24
•
___*
common
Jun
16%
Jwn
—100
-
Feb
17
80
376
13%
..
78% Mar
30
13%
24
11%
101%
85
32%
65
*
50
90
13%
*
___*
175
100
Goodyear Tire 4% pfd inc 1927
Gypsum Lime & Alabastlne—
88
a88 a88%
35
Bickle-Seagraves Ltd
General Steel Wares common
5%
preferred..
19
>100
141/3
109%
20'A
Jun
5
28
15 %
*
Sep
Feb!
17
6%
14
„
Apr
17
'167
15
•
100
97%
50
28
300
__
Oct :
Jun
,640
6%
;2%
24%
Jan;
94'/a
4,310
167
2%
__
.Oct
25%
19
20
.100
300
__
30
8%
88%
jg
15%
20
Sep
July
8
20
8'A
a88%
171/4
—
;
20% j Oct ;
Feb
16
Oct
18%
*
Canadienne
32% "Oct
169'A 169'A
V
July
24%
435
173/4
15
15
50
15% Mar
475
•
Commerce
13%
__
.
*
preferred
—
.
20%
,
common
*
Banks—
260
141/2
•
preferred
43
Oct;
Jan
86
Feb
27%
2,661
1
*
..25
preferred
Sep
6Q5
Ltd
17
20
•
70%
14%
48
Auto
.Estabrooks .(T H),4.16%
180
Apr
25%
2%
East
Kootepay Power
Eddy Paper Co class A preferred
Electrolux Corp
1.
Enamel & Heating Products.!
82%
*
preferred
Zellers Limited
.44
100
Paper
80
25%
5%
34%
__
•
100
7%
'
34
*
common
Jun
24
common
Winnipeg Electric
43
17
•
c
Textile
9
25%
Cotton
16%
__
25
preferred
31%
18
„
__20
Dominion Tar,6c Chemical common-—*
"■.<1%
105
20
Corp.
preferred
Wilsils
1
25
__
27%
Tobacco
Steel
Biscuit
4 % %
„>PQ ..Jan
1,106
Dominion
14%
-
11
39%
i
Oct'
14%
103%
Jan
l,b50
16
25
*
Ltd...
Jan
25
*
Walker Gooderham & Worts
Weston (George) common...
15
39%
Stores
10
May
•
28
39%
Dominion
May
17
Oct
Oct
B
Jan
4
580
25
Jan
19%
common
100%
205
25
26%
common
Jan
Jun
...
Canada
11%
102
25
>
Oct i,
9%
-25
preferred
33
14%
Glass
80
Jan
Jan
24
•
11%
13%
.
•
9%
18'%
1
May
Aug
.8% Jun
3,615
preferred
8.95
.20
...
8
24
19%
7%
9%
Feb
26 %
common
575
19%
Dominion
Jun
0
Power
125
19%
Dominion Steel & Coal class
of
Co.
1,012
•
•„
Press
33
14
__
27
6%
5.90
—100
93/4
•
>
Jun
10
19,345
•
10%
\
Steel—_
25
Oct
-
25
—_*
....
100
:
&
preferred
8
s
preferred
35
Apr'
12
17%; Jan
Oct
:l7.*jA-
Foundries
;294
Jan
8.95
18%
!
B
37
14
*
98
10% Mar
•
Voting trust certificates
Simpsons Ltd class A
14%
9%
21%
15%
16
20
Dominion
95
16
103 103 Va
•
28
__
*25
Distillers Seagrams
Dominion Bridge
; Dominion Coal 6 %
25
17
a6%
j
com
9
...»
Canadian Pacific Railway..!
Cardy Corp class A
Cockshutt Plow
-
12
>
50
Power
33
__
com
100
V
17
25
'
99
preferred
9%
10%
*
Companies
Water &
4%
10
,10
•
Canadian Locomotive
Jun
j
60%" Oct
14%
8
8
„•
B
Jun
45 Va
9%
Breweries common
Jun
Oct
24%
Sherwin Williams pf Canada com—
7%
Canadian Foreign Investment
Canadian Ind Alcohol class A
97%
12
.100
pfd—
Paper {1st preferred
preferred
A
Sep
a6%
Lawrence
Series
27
,8.70
common
21%
—
20
•
A
97 %
,>/■
25
com
preferred
2nd
Oct
8.85
4%#
36 %
„
25
—
Converters
1,045
22%
23%
25
210
12%
14%
__
23%
12
12%
23%
23'A
__
•
preferred
preferred
23%
237/e
•
common
4,114
-
—
common..
Power
34%
385
60%
Feb
Canadian Breweries
Canadian Car Si Foundry common
Class A
Paper
Shawinlgan
Sep
50
common
15%
57%
Oct
25% May
18
July
10
18%
•
1,014
15%
__
..
Royalite Oil Ltd...—
May
Oct
'
/
Apr.
27%
"
•
28%
Sicks
-
Apr j
41%
•
■
Feb
27
385
•
Jan
21%
4,334
28% 28%
a26% a26%
__
29
10
Corp
bit preferred
Bronze
Ltd
Co
Jun
2
300
101%
Aug
2»/a
24%
10%
■. >
Jan
16%
.100
27
:
42%
!
580
:
Jun
T12% Jun
24'A Apr
2nd
t
41%"
1,070
275
Oil
.40
267/a
35
Canadian
Jan
26%
10%
Class
63
26%
10%
$1
Aug
15%
34%
Canadian
56
59%
35
$1.75
49
•
5%
Canadian
Sep
a56
•
&
Sep
173Va
20% Jan
Sep
River
24
a55
56
a
common
740
Feb
49
Powell
853
20
103
Price
6,475
1,245
Jan
Power Corp of Canada
2%
Oct
23%
Apr
Oct
3%
62%
37
2b'/»
28%
May
101
Feb
2%
49
60
22
28%
2,607
535
2,305
2%
Feb
,62%
2,149
26%
3%
Jan
23
103
26'A
28%
104
Jun
47'A
26%
•
Jun
20
26%
Sep
Bros
Jan
23%
*00
47
Apr
A__•
Jun
5
100
26%
21%
Apr
16%
780
22
'102%
14%
97%
20%
«
103
Jan
5
Jan
6
Jan
17% May
alOO'A alOO'A
8
175
Aug
12
10%
Canadian
:
Feb
7%
Sep '
18
-1—*
Co
Aug
40
168
150
43%
43
150
10
4,107
Jan
Oct •'
Jan
43
235
8,254
38%
40%
43
168% 168'4
•
common
101%
27%
133A
•
Mills Ltd class
Building Products
Canada
Ltd
Jan
Jun
34% Mar
26%
100
...
Tubes
100%
■
1,474
26%
Light Heat & Power com—:—•
preierred
50
40
23
27%
~rf
19%
Bulolo Gold Dredging Ltd.—__5
Bruck
High
Jun
61 Va
.100
Products
Steel
27
41
,102% 102%
;
43%
3
57A
Canada
23%
common
190
'
43
•
Power
B
Canada Cement
62
;
32%
22
13%
100
Columbia
Class
•
•
Ltd
Provincial Transport
Quebec Power
British Columbia Forest Products
British
Jan
23
Jun
Electric—
preferred
Low
19%
*
102%
18'A
*
Range Since January 1
'?%
20%
100
i—*
_
43
—
25
Columbia
4% Vo
17%
800
22
>
pfd
19 JA
*
Shares
4
7%
•
Power
&
Note Co
Preferred
British
21
for Week
High
40
.
25
Light
Bank
British American Oil common
'
217A
5%
(Wm)
Mines
Ontario
a74
A
Corp—
Neilson
Niagara Wire Weaving
•
Power
Car
Jan
Page-Hersey
Bathurst
4 Sales
101% 101%
41
25
Jan
a74
Asbestos Corp
32
pfd„100
common
56
May
Jun
•
8
32%
Natipnal Drug & Chemical common—5
100
•
4%>
Co Ltd
&
Breweries
preierred
50
_—
preferred
,100
Jan
50
54
Co of Canada 4%
Range
of Prices
Low
Jan
102
;
1%
Oct
20%
99% July
90
23
19%
Jun
16
53
102
High
9% May
30,256
53'A
Amalgamated Electric Corp
Argus Corp Ltd common
4 % %
19%
23
23
Low
High
*
—100
Aluminium Ltd
Aluminum
19'A
2Q'A
*
5%
preferred
Algoma Steel
17
19
...20
Acadia-Atlantic Sugar class A
.
Low
v
Sale*
National
Par
'
.JPor
Week's
Last
Week's
Last
!
""
0u«4lu Twnia
Friday
Monday, October 17, "1949
■
MARKETS
LISTED
CANADIAN
CHRONICLE
FINANCIAL
& Millen
CJass
Ltd class A
B
i
—
30c
•
4
2'/a Aug
1.15
Jan
Jan
'
Hamilton
,
Howard
Bridge
Smith
Hudson
Bay
Imperial
•
Paper
5%
j.8%
32%
46
760
193/4
9,025
14%
1,150
preferred
_25
common
•
100
25
Ltd
__
27
__
27%
30
100
pfd
—
25
the
Woods
Laura
Secord
Co
25%
;
common
470
24%
Jan
f
7%
Jun
Canada
&
27%
Oct
Canada
Malting
98
98
110
.97
Jan
98
Sep
Canadian
26%
27'%
245
25
Aug
27%
30
30
.40
25
May
30
alOO
alOO
5
120
Jan
120
150
12,243
143
Apr ;
15
69%
67%
71%
.530
-44
Jun
150
2,000
Oct
/ Jan
-Jan
15% July
22
.Jan
29
36
Jan
Jun
1101/4 110%
6,090
•
9%
10%
2,725
17»/8
17
171/4
360
*
common
10%
5
20
Dominion
150
71%
Oct
Oct
Sugar
Co; Ltd
A)._...
•
19%
1%
14%
*
...
*
Ltd
Montreal
Locomotive
Montreal
Rand
sef
page
42.
Jun
103
85
94
,795
1.90
100
10
•' 10
25
21%
22 V»
1,420
\f
Jan
Jan p.
4
1.85
Sep
*9
Jun
12% Mar
Jun
.
50
50
25
35
-
-80
23
Jan
Feb
50
:Jan
30
Mar
35
Sep
5
Jun
18%
,
42%
6%
50
16%
185
>: 15'A Mar
22
23
1,880
19% Mar
al78
al78
7
,170
*
a67
a67
5
64
Jun
July
50
3
Jan
50
C:23
Sep
*
com
Marconi Company
101%
Apr
110%
Jun
12%
Jan
Canadian
Vickers
17%
Oct
Canadian
Western
Westinghouse
-
9
.-
17 Va
Feb
Ja<n
-
5
5
5
23Vb
23Va
23V8
__
1.85
1.90
c
;
>
1,100
,
1.15
23
Oct
178% -Feb
81
5
33 %
Jan
Oct
Jan
Jun
2.00 -Jan
Jun
Oct
7
13% May
.
__
1
20
125
19
Jun
23
Jan
.Catelli
°7
100
22%
Jun
29
Jan
Celtic
150
150
30
142'%
Sep
160
18
145-
16%
Feb
19%
1434
i4.y4
520
13'A
Jun
15% Mar
33/,
310
7%
Jun
9%
Jan
7
350
6
July
7%
Jan
Jun
•
common
Lumber
82Va
Ltd
54
.89
935
89
Oct
3V2
6,090
3
Aug
4
Apr
54
54
61
47
May
55
Sep
.,;a37
*
82
13%
1.2
Co
Co
a37
3
30
Feb
40
-Oct
7%
7%
40
6
May
33 %
33%
10
32
Sep
62
Jan
13
Ltd
Jan
Food Products Ltd
Knitting Co Ltd
Claude
Neon
8%-
Alcohols
preferred
Ltd
pfd
100
Standard
Sec
Pieferred
cl
A
314
3'A
1,350
2
Sep
6
a4]/2
150
4%
a40c
6
30c
Aug
Aug
50c
Aug
al5V2 al5V2
1
15
May
16
Jan
24
July
30
Feb
Jun
19
•
21
2,680
15%
22%
Jan
Consolidated
Lithograph Mfg
•
14
5,574
10% May
15
Jan
Consolidated
Paper Corp Ltd
*
18%
18%
18%
90
17
20
Mar
Frere
431/2
43
431/3
196
19%
18%
19%
975
17
Aug
23%
Jan
Donnacona
50%
50%
50%
56
50
Aug
52%
Apr
Eastern
33
Feb
43
Oct
Dominion
Limitee
class
Oilcloth & Linoleum
Paper Co Ltd
Steel
Products
Oct
Sep
a40c
12%
&
'
40
a4JA
*
20%
David
33%
7%
*
14
Feb
__
5
corpmon
—
Div
•
*
Adv
General
Consolidated
common
20%
40
Jan
71
Ltd
B
•
25
25
125
18
19
13,806
8%
__
18%
;
Apr
4
6%
Light & Power Company.100
•
...
"
*
Ltd
Co
Canadian Int'l Inv Trust Ltd
^Canadian
•
Telegraph'
160
May
y!6%
•
•
Feb
2
35
,_i_*
»
Oil
151
100
Ltd
....
Ingersol
Commercial
3
...
-106
19,305
__
•
com
Investments
preferred
Canadian
7
__
153
•
Canadian Industries common.,
g3/4
150
Feb
106
'3%
'.
22
•
Fairbanks-Morse Co Ltd
Canadian Food Products Ltd
27
•
100
—
•
3
.
1.90
•
Jan
Feb
•>:
-190
25%. Apr
6%
19%
171/4
/
.92
1
25
333/4
•'
'88-
152V2
__
•
1,925
>
84%
3%
J00
—
a7
r-
"
1
Butterfly Hosiery Co Ltd—
27%
17
—
(John
Candy
footnotes
.Preferred
.
26
149
...
For
*
100
Company
a7
331/4
MacMillan Export class A
Class
B
Mitchell (Robert)
Molson Breweries
25%
33%
Ltd
—1
Massey-Harrls
McColl-Frontenac
Oct
*150
Corp
<John)
preferred
Oct
14%
Brown
Canadian
Utilities
of
19%
16%
•
__
Petroleum
7%
Feb
13% Mar
•
Preferred
Oct
Jan
.
Jun
100
common
International
Lang & Sons Ltd
32%
56%
38%
Canadian
Paper
International
Lake
Mar
British Columbla.Pulp& paper com
10% May
.Canadian Gen
common
—
—
preferred
Labatt Limited
27
Jun
>
Burnett Ltd
_£1 v
Coal
8
.610
45 %
14%
International Nickel of Canada
7% preferred
$4
31%
46
18%
preferred
-International
32%
191/3
International Bronze 6V<
•'
•
14%
cumulative preferred
Intercolonial
630
Canada common.5
Acceptance CorD
conv
iq
•
preferred
Indust
5%
of
gy2
•
*
6s Smelting
Ltd—
Imperial Tobacco
,4% preferred
6%
common
Mining
Oil
10
8%
5
13%
8
7%
8%
Apr
Co Ltd.*
40
40
40'A
210
36 Va July
•
i6Va
15%
16Va
517
13%
*
5%
5%
5%
100
5
Jan
Oct
Feb
40 »A
.
Oct
20 V4
Jun
Aug
Jan
Jan
7'A
Jan
Volume
170
Number 4847
*
THE
COMMERCIAL
CANADIAN
RANGE
Friday
STOCKS-
Week's
Last
r:-\:
Kootenay Power 1%
Fairctuia
Fanny
'
Par
■■
East
Aircraft tLtct
Farmer
6% %
red
Co
class
a40
1.25
1.25
9
12 '/2
_*
A
11'A
of
Securities
205
25
26
1,406
a91% a91%
10
Ltd.*1
—
13
a37
Loblaw
MacLaren
Maxwell
of
Minnesota
40
Jan
9
9
B___*
31%
31'/a
40
30
14
14
4bo
13
34 '/a
35 Va
400
32
415
17%
870
233/1,
class
*
.
18'/a
25
pfd
25 %
J V4
„
a96
a96
1.20
1.20
Paper Co
5
15%
Montreal Refrig & Storage Ltd com—*
17
31
9
31%
Jun
16%
39 %
Jan
Feb
18 Va
July
Aug
27%
Jan
92
Aug
97%
1.25
Sep
12%
Jun
22 V*
Mar
31
Mar
743/4
23'/4
23
23%
710
*
5'Ac
5 %c
I,000
*
8%
9
160
70c
70c
21c
22c
Knife
1
Consolidated
*
Nova
Royal Rice Mills Ltd
Scotia Lt
6%
&
Pr
preferred
*
.
I
|
____100
111%
Orange Crush Ltd —————*
•
,
100
193A
common,——*
9%
19 3A
150
8%
—
Paul Service Stores Ltd
'
Russell
Industries
^Southern
Sonthmont
Standard
Invest
•
pfd
100
Ltd
Co
1
Jun
Western
,
44c
11%
100
Jan
11%
20c
1,000
15c
Oct
65c
14
14
400
9"
Jan
233A
23%
60
'
1
Grain
Co
10
10
70C
-70c
-—i.U---:-'1'
i
Ltd..
10
a43*
*
;
..
70c
t
19
46c
Oct
Feb
35%
Feb
42
Oct
70c
V
12
Oct
17c
5,500
12c
Jun
27c
Sep
Nepheline
*
32c
32c
500
25c
Sep
38c
Jan
Yellowknife
1
16
Rouyn
7,600
9c
Jun
20c
Jan
32c
37c
8,300
16c
Jun
68c
Jan
4.35
4.30
4.50
27,200
*
9.00
9.00
9.10
455
1
Mines
28c
25c
32c
28,100
4'Ac
4'/aC
18,7oO
•
Porcupine
1
Ascot
i
Metals
Aumaque
Corp.
Gold
v
34c
34c
1
—
Mines Ltd
54c
Mines Ltd
lye
8c
Mines
17%c
13C
1%C
103.000
1
_L
5c
7%c
6c
6c
6c
Chesterville Mines
;
Consol
i
Central
Consolidated
Cortez
.
t
Ltd
1,500
Duquesne
Explorations
Cournor
!_1
—
Cadillac
Mines
Ming
1.66
5c
Ltd,l
Co
*
Ltd
Mining Co Ltd
1.47
__
5c
Ltd—1
1.12
1
4'Ac
2ac
;
f
Ltd
Mines
Donalda
Duvay
Eldona
God's
_
Ltd
Mines
Ltd
Mines Ltd
Mines
'■
19l/a
*
—1
-
Ltd
Goldora Mines Ltd
!
Hollfnger
i
Jack
,
Lake
;
Kerr-Addison
Labrador
Lake
Mining
Shore
Lingside
Gold
Louvicourt
;
i
Malartic
Gold
Fields
New
Goldvue
Norlartic
Mines
Mines
Ltd
Normetal
Mining
O'Brien
Gold
Pandora
Mines
12c
12c
ll
Gold
Base
Jan
7c
i
Mar
class
Oct
2.75
Sep
Pato Cons
;
Preston
Gold
19'/a
4 88c
100
East
Mines
Dome
i
Quebec
Yellowknife
Quemont Mining
!
Mines
Co
May
Bevcourt
15'A
22
Jan
9'Ac
Feb
Brand
12%
Jan
Brazilian
;
3c
730
2,000
'31c
685
Oct
Co
55c
4,000
>;
j Sullivan
Mines
Cons
(1944)
Brewls
Red
British
American
Brewers
1.4%c Mar
60c
14%
Feb
19% Sep
2.P5
100
4c
■%
Jun
6.25
Jan
163/4
Sep
British
9,200
4,300
6%c Jan
British
Jun
8c. May
19c
2.70
400
385
100
a24c
a24e
'250
3,500
32c
3.20"
2.75
2.12
,51
70c
Jan
700
9c
British
2.05
21c
4c
;4c
2c
-
1.72
;.1.45
.
Mines Ltd—
Hughes Gold
I
Torbrit
■;
Trebor
Mines
al7
2V2C
18,500
2;ouu
-
al7
2V2C
Va5c
' 2%c '
/,4c
Jan
3lc
2;95
Oct
49c
A_.
a5c
/:A.25r
Jun
2.50
Sep
4.05
Jun
11c
Sep
Sep
•
2.05
.
Jun.
67c
ll'A
Oct
Jan
8c
Junv
Feb
17%
:
Jan
7c
July//
1
^
16%c Oct
3.35 Sep
4
/.
14c
-
-
3.05
'36c
2,100
20c
May
42c
Jan
8lc
: 12,800
25c
Mar
98c
Sep
Feb
6c
Ltd
United-Asbestos
1_1
58c
Sep
4c
500
3c
48c
,'r 1.000
41c
2.25
36,025
3.25
1,600
1.14
1.17
Corp Ltd
_l
Upper Canada Mines Ltd-^.
Vinray Malartic
Mines
Ltd
r
>
Westville
\
Mines
—
64c
1
3.90
'_1
i
Ltd
10c ll'/2c
HV2c :
1
:
5%c
r
61c
-
3.95
3c
•
5c
4.30
Calgary & Edmonton Corp Ltd___—„0
>
l.oOMay
2.25
2.90
3.45 Aug
Dalhousic
-
6c
-i
74c
Jun
Jun
:
Oct
134 May
73c
Jan
;
'
10,000
8c
178,200
-
-
42c
7 ,800
*
-: 500
'J
Aug
May /
,
1.28
1.25 May
2c
-
Jan
4.75
Sep
4'AcJan
v? Jun
20,500
-3c
Feb
Oil
Co
Ltd——.
Oil
Co
5.600
6.25
;'
*
4 50
f 10c y.Jan
7.00
4,450
40c
43c
1,000
30c
Aug
2.90 Jun,
3.85
Decalta Oils Ltd—
5.30
Jun
,•
Jan
7.00
43c
Oct
May
—*
1.06
1.06
1.06
200
70c
May
^_*
Ltd—
L_
6c
7c
8,500
5c
Jun
50c
58c
10,200
30c
Aug
58c
Oct
:i5c 15%c
3,500
10c
Jun
32c
' Feb
Ltd——_—*
;
-
'
f
1_*
1
Gaspe Oil Ventures Ltd
General
Home
New
Petroleums
Oil
Co
Pocalta
Okalta
Pacific
Oils
class
^
'•
1
A
Ltd
;7;
'
Oils
Co
1,025
99c
95c
99c
-7,000
•
j23/8
11%
12%
5,323
10c
11c
9.500
1.98
2.10
1,800
1—
Ltd_
_1
Ltd
Petroleums
1.50
——*
;
Ltd
Pan Western Oils Ltd
For
76c
Oct
May
22c
Sep
9
150
9
Oct
3c
3%C
27c
27c
9
Oct
2,000
2c
Jun
53/4C
14,000
25c
Sep
45c
25c
Oct
173/4
Jun
6,776
143/4
15%
5
15%
350
4c
4c
26%
26
26%
3,465
25
26%
•26%
263/4
1,015
90%
90%
-
/
..
3c
Jan
Apr
1.25
Jan
21%
Sep
15%
133/4 July
1,500
*
Feb
7'Ac May
Jun
22
Mar
26%
Oct
24
July
263/4
Oct
'
Electric—
—100
—
—100
preferred
37
86
July
90%
Oct
145
100:100%
100%
Products
97
May
1013/4
Jan
Aug
3
Jan
Columbia
'2%
....
_
23/4
♦
Packers class A_
2%
11%
11%
11%
185
*
Forest
6'A
6
6%
.360
28
28%
3
3%
_
Columbia
Power
class
t
A__
28
♦
Dominion
Oil
IIII*
-
3'A
/
23c
2%
4,475
Jun
13
Jan
1.5% May
7
July
10
51c
16
153/4
16
19C
18c
20c
♦
ZZZZi
490
25
58c
,,
Oct
63c
143/4 July
17
Jan
10c
125
6,500
,
Sep
Feb
37c
May
30c... Jun
-39,350.
Sep
33/4
Jun
18c
14,150
28%
Jun
2
1,150..
23c 24'Ac
51c
1
Buffalo
Canadian
Buffalo
:i
Ankerite
Buffalo
Red
Lake
Burns
^
•
25c
Sep
Jun
3.05
Jan
Jun
20c
Feb
May
9%c
Jan
May
35%
Sep
Jan
Jun
5'Ac
5'Ac
6c
7,000
343A
35
395
13%
'
8C
5c
27
■
50
12% July
14V4
10
24
Aug
29'A
12% Jun
67A Jun
17%
Feb
8'/t
Jan
■»
A_
ZZ<
1,500
25
25
25
»
class
1.60
800
10c -A 7s
.
343/4
■
Steel
Co
&
2.15
2.10
9'Ac
13%
Building Products _./■■>-/
Burlington
2.10
:10c
1
'/iiZZ*'/
ZZZZi
Class
B
15%
15%
15%
170
Burrard
7%
7%
73A
285
__—
class
;ZZ*
A
,
.
/
■
'
Jan
14c
Aug
7.00
5%c Jun
Oct
7c
7c
6.95
6.10
7.00
30,200
3.75
Jun
6%c
6'Ac
7c
9,700
4V2C
Jun
9%c Aug
42c
: 41c
45c
27,080
30c
Aug
54c
3.05
3.00
3.10
3,400
1
-
1,000
'
Flin
Flon
—•
'
Calmont Oils
IZi
—
,
Campbell Red Lake—!
Class
4%4V preferred—.—100
—50
preferred—
common
Malting
Jan
V'''
Northern
Packers
Power
class
Canada
Canada SS Lines
•
———_
14
35%
_•
——
Jun
50
195
43
Jun
-
Jun
-x
135
20
1,190
28
13%
7%
25
Jun
143/4 July
187% Mar
53
255/s
,
Oct
"
Jan
28'A
Oct
50
Jan
11
Sep
33%
20
Jan
-
Oct
1921/4 May
12
Jun
15%
765
33%
Jun
37 %
175
36
7
29
Aug
330
14
35%
■
*
83A
50
10%
32%
190% 191%
Z-ZiO
common—
Aug
22
19
19%
Mortgage—— ZZioo
Preferred
Canadian Bakeries
40
10%
•
Permanent
84
90
3,785
32 "A
•
./h.
102%
.185
46
28%
49%
50
»
Class B
3.75 Mar
Jan
46
102% 102 7A
'f
28%
_____
Canada
t
—
2.70
■'27%
102%
Eread
B
Canada Cement
Canada
1
Canadian Bank of Commerce
Canadian Breweries
ZZZio
5%
Apr
25'A
r'
T-
1,262
22%
Feb
•
1.65
Jan
12c
Jan
Canadian
1st
Canners
23%
23%
23%
6,366
•
19
19
19%
685
23
23
23%
19'A
19%
19%
12%
12%
480
14%
15
175
1,615
—
common
.—20
preferred
Conv
-—
preferred
Canadian Car
„—;————
•
common
12%
—
ZZZ20
Class A
•
Canadian Celanese common
Preferred
—
——
*
—90c
1.43
f"
10c
1.43
^
89%c
Feb
72c
Sep
8
Sep
Sep
Jan
25%
Oct
19
Jun
23% Sep
13%
1
3.10
3.15
2,000
*
13c
15c
2,000
8c
Jun
Jun
1.20
Feb
2.10
Feb
9'Ac May
Jun
197/b
22 3A
Sep
25
13%
Jun
19%
9'A
Jem
14%
Jan
Jun
17
Jan
^
13
19
22%
24%
37%
55
35
21
21
150
20
21%
21%
200
6%
6%
265
9%
9%
90
62
—
Oct
160
190
1
37%
23%
I—25
■
Oct
Canadian
Jan
Canadian Food Products
14c
Jan
Class
Apr
Preferred
2.60
3.20
25c
-
Sep
Apr
'V
Dredge —^
«
common-
*
A
Canadian
Class B
—•.—
-
-
Indus
Alco
—-
"A"
—
voting—
'•
^
9%
!~ZIoo
•
'
♦
-
•
6%
10
•
62
30
9%
10
9%
9%
footnotes, sec page 42.
.
Mar
Oct
Jun
24%
Jun
39
May
22
Mar
Oct
Aug
18%
Jun
28'A
4%
Jun
9%
Oct
8%
Jun
13%
Sep
77
Jan
Feb
2.00 May
99c
13%
"
8.50
"
—
•
*
May
8c
'
4.30
7.00
.———-li__A-ll
Oils
Leduc
Homestead
Cons
May
11c
10,500
i:/
Calmont Oils Ltd
Central
4.400
3c
OR Stocks
Anglo-Canadian Oil Co Ltd
'J
V
71c
3.60
,
^
25c
10 %c May
19,000
112,978
18c
—
_1
Columbia
Canada
'
1.99
V—
Jan
Sep
Aug
Jun
5,500
,,
3.25
1
16c
54
Jun
'
75c
14,100
Callinan
Jun
4c
2.15
Sep
36c
33/4C May
46
60c
35c
common
May
Sep
Apr
9
Calgary ft Edmonton
1.25 May
45,100
48c
1-1
Sep
9.00
55c
-17c
19%
Jan
Oct
Jun
5'Ac
100
—
25c
Feb
2 'A
6c
2,500
■■
66c
__
Jan
Oct
35c
__
43%
Sep
8%
2c / Oct /•
/
—
■
18'A
Broulan Porcupine
Bruck Mills class A
3.70-Jan
Jun
1.47 July
17c
»
16c 19'Ac
'
60c
25c
Class B
Sep
,2.90
77c
l43/8 May
Feb
Mar
18c
10
19%
preferred
British
Mar
Jun
"//2c
,12,500
'12cl4%c
13c
5.00
32c
7,705
52
*
Calder Bousquet
Ltd—i
Ltd
Mines
Mines
6c
52
Light & Pwr com_*
Oil
Columbia
British
Sep
12'A
,
Mar
3.10
;
•..1.400
.
.
3c
,
Jan
„
July
38%
4,000
„
5'Ac
*
Class B
Sep
66
Jun,
Jun
frit AC
28,000
19c
2%c
3.20
1.80
19c
23
Jun
12
Oct
Jan
65c
Jan
3.15
Jan
8.50
2,200
8c
.
9c
'
Oct
45c Jan
.
May
18c
32c37'/2C
•
25c
1
Lake
Canada
Teck
.
26o
17%
500
25c
Jun
2,815
Distillers
&
43/4%
Jan
3c
5,000
19c
49c
2.50
20c
1.06 May
Sep
1,225
•
Jan
*65c
•
300
<
35c
Preferred
Jun
11%
r
21%
50
class
Apr
65%
1
Ltd
21'/4
»
Millen
Mar
85 V2
i_l
Stadacona
/' 30,000
8.55
Gold
Traction
37c
2.67
Soma-Duvernay Gold Mines Ltd—I
28c 3l'Ac
1
23c
,11%
__
'
2.700
35c
A
3'Ac
26c
75
17c
class
&
11%
>. '
46c
1
70c
_1
Jun
2%c Jun
•500
3.80
3'Ac
•
Gold- Mines-Ltd—
70c
—
8.45
Pershing
'
al4'A al4%
1
Sladen-Malartic Mines Ltd
38
-
5,367
preferred
9%c Feb
l'Ac Jun
3,500
1
3'Ac
al7%al7%
1.65
1,000
37c
55c
il
Siscoe
35'A
13%
Bowes
/Jun
j
55
43%
Oct
3c
i
38
——
13%
4.20
8.75 May
1
Oct
37%
'
1
Kirkland
Boycon
■} Santiago Mines Ltd_„—„T__—r—50c
Oct
38
423/4
Boymar
L.*
Jan
27%
—1
Ribbon
Aug
Ltd—1
11c
Jun
34'A July
43
Gold
Bidgood
Jan
1
'
Jun
25
13%
Jun
19c
Jan
4'Ac
•
84,750
3.80
27c
505
1
3%c
Jun
283
1
1
Oct
14c
Sep
27%
1
37c
8
37%
-25
Mines
V
Jun
27
A—__ 0
River
Jun
6'A
37%
28'Ac
class
4.10
3.00
27
Mining
Belleterre Quebec
49c
2.73
7c
8c
2,500
37%
—
Bcrens
78c
__
17'Ac
•
Ltd
Power
Jun
1
Sherritt-Gordon Mines Ltd^
1,000
Bros
May
—1
-
7'Ac
Bobjo
6,375
v
23,500
Bordulac
,1,000
Ltd
19c
3.60
-10
Jan
vV"v/
Ro.chette Gold
17'Ac
Bonetal Gold
2.18
Red. Crest Gold Mines Ltd.'
25
Sep
6%c
Corp Ltd
3,850
8
Oct
1.98
Mines
Gold
3.70
8
Jan
6%c
Ltd
3.50
1
16%c
2.10
Labrador Develop Co Ltd
Quebec Manganese Mines Ltd——
Feb
90'Ac
6%c
Quebec
i
Jan
38c
Jun
V
1
Dredging Ltd
Sep
11'Ac
May
—1
Pitt* Gold Mining Co Ltd_^
25c
Jun
May
-1
.
Scotia
Telephone
42c
*
1
Jun
6c
._1
Feb
16c
;;
Jan
10c
__
Consolidated
Metals
Eeatty
Jan
123/4
Sep
500
A
Mines
Bathurst
7%
20,500
Jan.
13c
94c
May
8c
Toronto
Jan
May
19c
.
Electric
Co
13c
9c
50c
8c
of
May
•
Oct
15c
Bank
5c
Oct
-1
Gold
Feb
3c
Jan
75
-1
Mines
25o
39c
Jun
103/4 May
3UU
2.545
.10 I
Jun
-
8
Yellowknife
Blue
Ltd—1
Mines
Apr
6c
ll
Ltd______
Gold
18c
13
7%
33c
II3/,
Corp Lt.d
Cadallic
Jan
12%
„
Aug
7'A
Jun
held
(1937)
buifadison Gold
:
Oct
13 V*
.10
10
7%
500
5
iiii.
—
A
39c
1
».
class
4,000
1
<
56c
29.500
3.80
Ltd
Oct
«
15,000
Mining Corp of Canada Ltd
50c
'
Steels
40c
l____l
Ltd
f Mclntyre-Porcupine Mines
20,000
75c
1
y
56c
——
8,900
40c
:_l
Sep
50c
1
12,800
63c
Ltd—_1
—
15c
79c
4.20
*
Ltd—.
Jan
13c
56c
—1
Ltd
8c
.10
1.47
15c
Ltd
4,000
-
5%
Oct
a2c
Mines
11c
Nova
Sep
15c
Goldfields
Macdonald Mines
11c
11c
Aunor
Apr
ale
Explor Co
May
Montreal
1.20
a2c
Ltd——
30c
of
32c
6c
&
Mines
Jan
of
3'Ac
9.85
Ltd—
8c
Bank
7 Vac
6c
Mines
3,100
Bank
Sep
9.75
Gold
20c
75c
3.30
1
Oct
19'Ac
11c
56c
__1
25c
Bankfield
10c
6c
Ltd
July
78'Ac
4%
I
:
Mines
10c
Sep
3%c Mar
.9.'80
Joliet-Quebec Mines Ltd
I
233
•
_•
4.05
„1
J-M Consolidated Gold Mines Ltd—1
15c
9%c
Howey Gold Mines
Hudson-Rand Gold Mines Ltd
i
/
60
Feb
5,000
Ll
1
—,
135
-1
1
1
Gold
75
Jan
2,800
Mines Ltd
5
Ltd _———,1
Cons
75
> 66c
'
'
*
i
75
9c
66c
/
23c
Oil
1
Gold.Mines Ltd—————
Lake Gold
•
.1
Mines
Gold
East Sullivan
V
.
•i—
shares
4
Mines
Bagamac
5c
■
Dome
each
Jan
25c
'■/'"'
-
',v
'
15c
65c
800
1.20
1.08
25c
1
—
Jun
May
65c
1,500
28,900
't
5c
10c
1,325
1
Corp
Hardware
Aumaque
Bell
.
II,000
43,700
36 %c
5c
19,DUO
1
lie
19c
7'A
Oct
l'Ac July
3%c July
1,200
-
Aug
7%c Jan
May
14c
May
20%c Jun
5c Mar
10,500
18c
1%C
Ltd—--1
Centremaque Gold Mines Ltd
Century Mining Corp Ltd
'500
Jan
70c
Feb
3c
6%
15c
4,ouo
22 %c
103/4
1
Metals
Aubelle
Jan
65c
fi.^O Jan
8.65 Mar
15c
-
Barymin
———1
Gold
y
Jun
10 %C
Jun
16c
50c
29,300
30c
8V2c
7%c
17%c
11,300
,
xjo
30c
,
1
Candego Mines Ltd
Cartier-Malartic
35c
56c
50c
l
Ltd——__i*
Bouzan Gold
1
•
Metals Mining Corp
Base
1
'
11c
2.85
7'A
»
Gold
Auto
-
12c 133/4C
33c
•
Oil
Mines
Atlas
Mining ' Stoclut—
Anacon Lead Mines
12c
Jun
•
Lead
Canadian
Atlas
1.50 Mar
12'A May
Jan
16c
Athona
fSep
21
Jun
61 %
16c
Atlantic
Sep
Jan
56
May
1
for
May
24
35
Ashley Gold & Oil Minerals—
Exchanged for 1 share of
Western
Ashley Minerals, Ltd.
Mar
July
10,
5
.:/? 1
-
413
Jan
8
5
a43
•
al3
*
4le
599
Apr
273/4C
Jun
26 % July
15% Aug
11,743
16c
85c
25 % May
Ashdown
Apr
43c
Jun
40%
Ascott
Jan
113
11%
*
Windsor Hotel Ltd
18%
/
55c
Jan
265
pfd
Armistice
Jun
iJun
Jan
515
Arjon
Jan
24
15
43c
100
^ Westeel Products Ltd
j
20'A
Feb
108
14
B
Jun
5
Ltd—_*
Union Gas of Canada Ltd—
Corporations class
United Securities Ltd
i
255
20c
United
15
288
Feb
9%
52%
Canada
Warrants
Oct
12%
150
/;■
8»/4
16%
16%
Trans-Television
;
16
Jun
8c
Jun
26 %
of
100
Sep
4
Sep
26
Aquarius
Jan
112
54
25
7%
5,680
/
Jun
5c
900
-
Jan
193/4
51%
Area
Jan
20%
Apr
112% 1112%
112%
•
Materials
&
/// 2
/.
223A
•
93/4
,
110% Mar
8'A
15%
22%
;
Pr 6%
Paving
8 %
*
Ltd
Canada
16%
111% 111%
red pfd—100
Quebec Pulp & Paper 7%
8% Mar
53
*
20%
52%
Oct
9'A
533A
•
Oct
Jun
26'/s
Co.
common
Mount
■
1
*
Apex Consol Resources
Aug
65
*
High
193/4
16
•
Anglo
Jan
28
305
.
5,475
Anglo-Huronian
May
225
74%
20%
9% May
25
Anglo
Feb
Feb
8
19%
Ltd
Aluminum
Anacon
Jan
20 Yt
American
Jan
Aug
15,907
American
Oct
%
193/4
Amalgamated Larder
Jan
Sep
A.uminlum
Sep
9%
50c
1,202
31
74%
,_*
,
Apr
Jun
Low
17
—
Steel
Range Since January I
High
19
—
Yellow
Shares
20
Oil
&
Pacific
Algoma
Aug
6
500
Akaitcho
Alberta
Oct
15
Aug
Gas
Agnew-Surpass
3'/a Aug
tt
10
10
11%
7%
♦
lxO
—100
„
V Moore Corporation Ltd
15
26
18%
\ 25
>7'/4
pfd__20
conv
Oil 4%
Ontario
&
July
Acme
for Week
Low
Paper common
preferred
Acadia-Atlantic class A
Jan
9
Co
6%%
Ltd
16
9
—*
Canada
Jun
&
$1.50
Aug
common—*
Ltd
McColl-Frontenac
Mica
87
_1
Paper
Ltd
Sep
Power
Sales
Range
ef Prices
Par
Abitlbi
Jan
8'A May
2Vi July
Last
Oct
Jan
26
35
Week's
Bale Prioe
Oct
2V5i
-
Feb
9'A
35
250
12'/a
Jun
Exchange
Fnnda
Friday
STOCKS—
Oct
128
July
15
.
38%
84
100
Canadian
Aug
20 3A
95
3
Maritime Teleg & Tel Co common—10
Massey-Harris
99
15
Inc
&
lift
15
Toronto Stock
1.55 Aug
Apr
July
>-1.25
i&NV 20
..'r;
3
100
(Walter M)
Power
a40
1
1,492
11 Vs
Corp__——*
Groceterias Co Ltd
Lowney Co Ltd
133A
40
5'A May
825
Co Ltd
(Alfred)
s, 3,325
128
10
Investment Foundation Ltd
Lambert
31
1.50
—
Hydro-Electric
60c
122
25»A
39
14
High
May
150
1.50
*
Can
28
200'
-
•
Co
Inter-City Baking
5
100
Rubber
Insurance
■.
38'/2
Great Lakes Paper Co Ltd com——•
Class A preferred
Halifax
Low
a40
38'A
preferred
(1527)
MARKETS
OCTOBER
Range Since January 1
High
i>
Ficet Manuiaccunng Ltd
Ford Motor Co of Canada class A
Goodyear Tire &
Shares
Inc—1
—
LISTED
FOR WEEK ENDED
CHRONICLE
for Week
low
100
Shops
Candy
Federal Grain
pfd
FINANCIAL
Sales
Ranee
of Prices
Sale Price
&
/
62
Jan
1,975
-
8'A
Jun
ll7/*
Jan
325
8'A
Oct
11%
Jan
.
(1528)
40
THE
-
COMMERCIAL
&
CANADIAN
CHRONICLE
FINANCIAL
LISTED
MARKETS
14
RANGE FOR WEEK ENDED OCTOBER
Last
Sales
Week's
Friday
STOCKS—
Friday
Range
Shares
Low
Par
STOCKS—
for Week
of Prices
-
Sale Price
Canadian
Locomotive
Canadian
Maiartic
24
Jun
36%
Jan
55c
Jun
85c
Sep
Great
Canadian
5%
Oils
Jan
5
12%
97%
12,732
11%
Jun
23
Cos
28
35
67 Vic
70c
1,800
15
14%
15
695
•
common-.
preferred
23
67 %C
•
Zlioo
——
w
100 % 100 Vs
25
Canadian Pacific Railway—
Canadian Utilities preferred-.
15 Vi
16
16
98%
Oct
101
Jun
17%
26
Cardy
Corp
——
8
8
1,28
1.15
98'/a -Aug
102
Leduc
Central
93c
1.08
Oil-
83c 95 Vic
1.05
—
-1
Central Patricia Gold Mines
95Vic
Mines
23 Vi May
26
Sep
Gunnar
Feu
so
.
Gwlihra
Lake
Gypsum
Cneniical
Cin^iam
7%
Sep
9%
Coin
1.50
Jan
Halliwell Gold
Jun
1.95
Sep
Hamilton Bridge
Hard Rock Goid
33,750
56c
May
1,65
Jan
10,300
65c
May
1.45
Jan
Harding
Carpets
_•
.1
51c
51c
1,784
35c
.1
35c
28c
36c
21c
Jun
10c
Jan
Heva
4,400
May
_1
12c
10c
13c
6c
1.60
Feb
May
1.86
Highridge Mining
17,250
1.45
11c 13 Vic
18,500
6c
Mar
1.15
2%C
2.75
2.85
8,650
13%
13%
14y8
3,735
U
23c
23C
23C
1,100
17c
:1
5c
5C
5%C
6,000
4c
73c
78c
:';y 2.050
1.05
1.05
1.10
2,903
12c 15 %c
19,711
120,250
1.45
Oct
2.85
1.25
330
1.15
Oct
3c
14,000
3,500
Mines
1.75 Mar
28c
Gold
2 Vic July
;
5%c Jan
&
Hclbnger
Jan
Homer
Jan
3.20
Sep
Hosco
May
14%
Jan
Jan
30c
Aug
Sep
Hudson
64c
Jun
1.24
Jan
Hugh
85c
Jun
1.25 Aug
1
14c
10c
Oct
24c
36c
Sep
2.00
38c
Feo
10%
190
Jun
11%
5bc
58c
15,749
40c
Jun
l'.OO
42c
Apr
iuc;
9%c May
2,000
9.80
1
1.05
1.19
7%
67,040
6Vic
6c
6%c
6,000
1
30c
15c
30c
229,869
5
Oro
1.15
*
—
102
101% 102%
1,575
100
153
154
2
Mines
Conwest Exploration
Corrugated Paper Box
•
1.10
1.09
1.10
5c
Smith
Paper
19
Imperial Mills
14
1
Mines
Pershing
_1
5%
Maiartic
Coal
Petroleum
Leather
class
A
*
Ltd
Dominion
dominion
Malting
Dominion
Steel
class
76c
18
Dominion
Tar
&
Chemical
Donalda
5c
3c
May
(John)
&
Dulama
Gold
Crest
5%
Co
Inspiration
Mining
7 Vi
7%
7%
37c
3SC
33c
Jun
•
25
94
Preferred
Feb
International
Jan
Feb
International Uranium
Sep
Jacknife
A
14c
Feb
J
lac
Jan
Joburke
%C
37c
48,500
16c
Jun
43c
Jan
Joliet
22
30
20
Aug
23
Co
common
•
72c
Mines
Ltd
16c
Aug
45% Mar
7c
18,503
1.60
600
7 Vie
52
Jan
10c
1.20
Jun
33c
Jan
1.90
•
Jellicoe
M
3,500
5c
Jun
15c
19,100
20c
Jun
38c
1,800
14%
Jun
19%
19
19%
2,140
,15%
Jan
,
V-_
*22.,
26%
26%
203
24%
27%
6,417
9%
9%
16
0
Jun
14
100% 100%
16%
17
v
65
100%
Oct
101
27Vi
32 Vi
Sep
24%
Feb
27%
Jun
27%
Oct
%
Oct
Quebec
Oct
Lake
Lane
Dufault
Fortune
Lingman
Rowan
10%
363
Lake
67c
78c
Shore
Mines
228,900
Lake
Wasa
Mining
9Vic
8%C
10c
12c
11c
6c
17c 18 %c
10
13%
Jan
May
92c
Oct
Sep
35c
15,300
15c
Jun
25c
Feb
36,000
5c
Jun
17c
Jan
La
12c
5,700
7c
Jun
16c
Sep
7c
19,000
5c
Lapa Cadillac
Lapaska Mines
23c
7,000
Frobisher
10%c
General
Jun
Jan
Globe
•
19%
V
class
Wares
A
li
Larder
Sep
Laura
1.62
Jun
4.25
Oct
7%
Feb
Leitch
4c
Jun
15c
Sep
19%
Sep
21%
Sep
Lunward
18%
...27c
Jun
19,565
129
940
4c
100
7%
25
26
11c
I,403
Jan
62c
500
41c
Jan
95c
9,410
1,000
11c
1.30
2,138
20%
2,000
7c
class
2.10
5,315
230
104
25
102
93c
22
1.00
•'
1,800
1.75
16
100%
78c
Oct
98 Vi
17
17%
335
101% 101%
5
6.45
7%c
17Vic
i
3c
13
'
Macho
River
__
Sep
Maosen Red
Feb
4,500
3c
Sep
30c
Jun
64c
Jan
8,200
6c
Jan
12c
Feb
14%
14%
10%
Jan
17
Sep
48c
51c
1,280
7,850
34c
Jan
60c
Sep
4.75
Jan
2.60
2.70
1,700
4%c
4%c
3,000
3c
6c
6c
3,000
5c
Oct
%c
4c
7,500
2,600
_
17%
7Vic
Oct
2c
102
7.60
11c
6,203
40c
July
May
15,150
44c
4c
6V*
H
3
Oct
Oct
29c
Jun
56c
3 Vic
74Vic
Oct
Sep
Sep
Jan
Jan
2,000
14c
Jun
19 %c
Feb
9c
Jun
16c
19,000
3c
July
5%c
Feb
1.000
5c
Lake
&
Mines
Jun
4%c
7c
36,200
3c
4c
5,100
92
95
30
52
10
20
180
-
400
20
13c
13
13%
36%
38
Jan
6%c Aug
15
755
Jun
15% Mar
6,500
53c
Jun
86c
1.19
2,650
95c
May
1.31
Sep
63c
68c
6,350
55c
May
1.08
Jan
30%
31
1,010
31%
31%
435
9
9
25
21,600
31
,
317/a
9
19c
18c 19 %c
23c
24c
13
•
27
Jun
Jan
31%
Jan
32
27% Jun
Sep
9
500
Oct
11%
Feb
8c
4,100
IIV2C 11 Vic
11 %c
Jun
45c
Jan
Jan
26c
Sep
Jun
17c
Sep
10 %c
8c
2.69
2.69
2.80
5,350
46c
44 Vic
48C
12,000
21c
May
74c.
Jan
5%c
6c
5,000
5c
Jun
13 %c
Jan
Sep
1.90
Jun
15c
17c
7,000
13c
1.50
1
1.44
1.55
11,486
77c
3.10
Jun
^co
8%
9
695
8
Jun
*
Gold
Mines
CO
7
Fields
'
■
2.75
1
40
9,150
4.300
2.67
-
22c
2.76
2 %c
-
3.05
20c
'
7
2.95
3.05
1
1
*
Eastern
Sugar preferred
Maple Leaf Milling
Maralgo Mines
Marcus
_
-100
4c
101
'
——
*
%
6
34c
Jan
1.85
10
Jun
2.40
3.70
Jun
Sep
Jan
7%
Jan
16c
Sep
30c
Jan
Sep
Jan
8,975
2.02
Jan
3.25
Sep
5,000
.
2c
Aug
4 %c
May
1,500
12c
12c
600
20%
21%
Preferred
..
Grain
class
4,604
25
25%
::
--
-
20%
25
..
♦
A
50
'
»
4c
3c
•
9Vic
Sep
3.15
■
Jan
Sep
12%c
9%c
Feb
1% May
80
50%
4
Apr
Mercury
Lake
..
_
Midland
Milton
Sep
22
2,605
-
229
9%
34
17 %c
Feb
&
Oct
Jan
96
96
5
90 Vi
Jun
98
Jan
10 Vic
lie
2,000
65%
65 Vi
860
65c
64c
68c
40,875
4c
5c
1,500
10c
11c
2,940
8c
May
10c 10 Vic
2,600
8c
Jun
■
--
-1
*
Oil
10c
6
4%c
6%
Model
Jan
Apr
17 %c
Feb
Jan
Jun
68c
Oct
3 Vic
80,400
4c
5c
16%
16%
Oct
12c
Apr
21 %c
Jan
1.25
2,200
*
11%
11%
llVi
3,532
30c
30c
500
15?/2
15 Vi
15 Vs
50
9%
9%
9%
100
''
.
Corp
—
.
Monarch
Monarch
Moneta
1
Containers
class
A
^
Mortgage & Inv^
Corp
♦
67%
Sep
12c
Sep
common
_
•
9
•
25
25
9
3%c
74%
—
•
7 %c Mar
.
/
July
17 Vi
Feb
July
1.55
Jan
8.25
30
....
Jun
12
Oct
9%
18
Oct
<
1,145
74
74%
*
465
64%
26 Vi
26 Vi
200
25%
38 %c
Oct
17% Aug
Jan
'
14
6% Mar
39c
Jan
48
14% May
19%
2,370
Jun V
Jan
16
18%
19%
7%
Sep
95c
38 Vic
1
Porcupine
Preferred
*
$
Knitting
5%c
30
1.20
*
Oils
Moore
16
40
Aug
30c
475
1.25
—
Grain
Montreal Locomotive
Jun
9c
50%
•
...-•
Pacific
Jan
July
Feb
9%
15'/a
*
Brick
Mining
""
1.000
27 Vi
Jun
Jun
8
65 %
0
Mills
Feb
Jan
July
10%
'
Modern
53
Sep
11c
Jan
10%
9Vi Aug
19
Feb
103
Sep
23
25
Feb
Jun
820
3,100
1
Red
Jan
9%
1
Gold
Sep
22%
14 VB
#
Lake
McMarmac
Jun
Jan
Feb
15c
13
_
Gold
McWatters
15%
%
96
>
Red
Jun
5
_
Porcupine
McKenzie
8c
Aug
11%
5 Vic
•
9%
100
McDougail-Segur
102
May
14
•
_
8
3%c Jan
"
•
common
94% Mar
293
4 Vic
—
common
McColl-Frontenac
Mclntyre
30
10
4c
1
Massey-Harrls
Preferred
101
9%
1
Gold
Mid-Continent
Jun
1.55
13c
2%c July
Jan
12c
63c 68 %c
Apr
10
2.85 Aug
5%c
v
1.15
.
McLellan
II,000
51%
Jun
14%
23c
Apr
July
9c
10
2.00
CO
Oct
5Vic
51%
*5VaC May
July
6c
15c
Gold
Manitoba
Sep
100
Jan
5,500
1,000
„
2.65
*
.
Manitoba
1.00
99Vi May
5c
3c
Jan
4,000
_
Gold
Maiartic
McCabe
2.05
1
Sep
,1.45
.
39c
1
Consol
Sep
9c
5c
May
Jan
22
Jun
3,000
V
17 %c 17 %c
f
Jan
Jan
6%c
I
_
Export class A
Aug
4%C
,
MacMillan
Class B
106% May
Jan
6,210
57c 58 %c
41c
65c
23%
6.50
:
Oct
2.90
16 Vi Mar
20
3c
4,100
Aug
2.85 May
Jun
1
Lake_
18
Sep
85
7%c
82C
>
1
Mines
14c
Jun
22
71/2C
81c
19
2%c
48C
•
Mines
26
Jun
100
6.25
325
1,150
11.000
1
Red
2%
July
22
6.30
20
4.00
4%c
8 Vac
..
Goidfieids
MacDonald
Oct
Sep
3'/8C
c
A
Gold
Macassa
Apr
Aug
38c
•
A
class
Yellowknife
Macfie
8%
May
100
17
1.85
22c
14%
«
Mills
Jan
12c
Jun
Jun
May
1.15
B
Hosiery
Jan
129
Sep
1.19
*
17%
13%
42.
Groceterias
Magnet
1.97
13C
page
Loblaw
12%
Feb
6 Vic
•
see
10c
63c
38 Vi
May
1.95
,
Sep
4.50
May
98% July
5,400
17%
*
footnotes
Jun
3c
3
16
5
5 Vic
common
—
3c
Jan
Jan
6%c
_
r
6%c
♦
A_
Sep
5,000
14c
23c
"
Feb
74c
30% Aug
12 y4
>
1.99
common—*
B
Paper
Sep
19%
May
Jun
__5o
Grandoro Mines
58c
Jun
8%
41c
1
class
19%
38c
Lac
4-uuvicourt
51/2C
,
—:
A
Class
London
•
Goodyear Tire & Rubber
Lakes
Sep
July
3.10
1.55
57Vic
_i
Mines
Mackay
82c
25c
Hi
Goodfish Mining
Preferred
Jun
Sep
13 %
8%
j
—
Jan
Jan
Jun
535
173/3
—1
Porcupine
Oct
Oct
3.75
*
_
Long
41c
325
11c
Mines———L_—-__—1
Arrow
4c
14%
19 Vi
82c
*
Gold
30c
4,204
1.99
•
.
Oct
6 %c
4%c
Mines
*
1.50
25 Vi
1
Mines
1,000
Sep
59Vic
Jun
6,510
4%c
1
...
Secord
13V2C
15%
5%c
.
♦
-
Gold
17
,13% July
38%
9
1
Gold
26c
Sep
Apr
28c
"
20
-
Leduc-West
4% Aug
15
*
common
4.50
"U"
3.25
37
■
121
| 1.50
•
Manitou
For
4.35
'
127
1
Preferred
4,500
6'Ac
1
Golden
Class
130
47c
100
Golden
Gordon
19%
42c
.
10 Vi
=:
*
com
8c
3%
Oct
1.40
1,35
%C 15 %C
3.75
•
MacLeod-Cockshutt
•
•
Gold
Goldhawk
;
33
100
Lake
Goldora
42c
4.50
•
Lake
Ooldcrest
Great
25
10
Oil
Goldale
107,200
1,833
—100
Steel
Gold Eagle
16c
21%
•
Yellowknite Gold Mines
God's
10,900
63c
21%
15%
Preferred
Glenora
42c
Mines
1.83 May
8,500
1
Preferred
Gillies
40c
56c
13c
•
General Products Mfg class A
General
35
12c
1
Petroleum
16
15 %c
—25
preferred
Giant
40Vic
57Vic
♦
Power
1 %
Jan
37,250
li
Jan
38c
July
19c
Luz
Lynx
Exploration
Gatlneau
5%
15
♦
Fr^ncoeur Gold
62c
4%c Mar
15 %c Mar
■
15
—
-1
17Vic
1
A
4 Vac
1.33
-1
100
class
4c
,_1
*
preferred—.
18
—i
Lake
1
Products
5%c
8%c
*
Lake
May
—
Motor
Gold.
Oct
12
J
Manufacturing
5%c
6%c
-1
22
1
Fleet
°"ord
Mines.
Sep
Little
Fibre
23,600
...1
Apr
—20
Kirkland
54c
.
10%
515
Federal
Ltd
Gold
19%
235,523
common
51c
•
150
5%
Grain
19,700
17%
1
240
4.25
Preferred
15,000
1
11
5%
Federal
834
2c
22c
62c
.
22
3.30
Falconbridge Nickel
Players
Fanny Farmer Candy Shops
5%c
18c
6%c
22
5Vi
Famous
Jan
17%
10 Vi
4.05
preferred
Sep
19c
-I
Jan
1
(T -H)
13c
j9c July
52c
Mines
Laguerre
33
Mines
Corp
3%c May
7,500
-1
10%
Steel
Eureka
52c
13,200
14c
Mines.
Labatt (John)
17%
Sullivan
Estabrooks
Oct
12,300
9c
13c
2c
Jan
Feb
East
Empire Brass class A—
15%c
18c
8 Vic
Oct
22 V2
>
6,450
:
Jan
5%c
Townsite
Jun
2.48
Gold
13
18c
Lake
13 Vi
2.42
Sol
Jun
8c
Gold
Kirkland
21%
2.43
El
7
4%c
1,160
1
—
7,079
13c
Kirkland-Hudson
1,103
Mines
Gold
Sep
10%
Jan
Sep
19% Aug
22c
Pen-Rey Mines—
150
9'/a
_•
Jan
30c
Maiartic
Eldona
36
Apr
15 %c
;
Ken-Addison
19%
1
Mines
Jun
143
10 Vs
Mines
Kelore
27c
•
-
29
145
33%
Consolidated
Oct
18%
1
Eddy Paper class A
3,519
21% July
99% Mar
15 %C
II
—
Mining
Feb
28c
•
Oil
33%
149 %
Gold
Walte
Feb
15
Oct
117
Jan
250
Feb
115
Jan
25%
101 %
9^
149 149 Vi
33%
5/100
Petroleum
Feb
54c
101% 101%
_100
—
Nickel
Jan
9
Jun
20c
Oct
8%
Aug
7% Sep
10,075
Sep
26%
7
Oct
—
8c
20% Mar
700
1
class
6
Jun
40c
Metals
Preferred
Jun
East
El
120
—
International
Jun
—cL
Elder
175
7%
__6
30c
Jan
16c
200
East^Leduc
Eastern
1,600
26 Vi
1
Amphl
East
5c
26
7%
*■
Duvay Gold Mines
East
4%c
*
*
common
*
Mines
13% Mar
.1
5%c
23 Vi
pfd
935
Oct
2,500
33
common
14%
Aug
45,000
31%
Woollens
14%
Apr
31c
Jun
Oct
7 Vi
15%
Sep
13% Aug
10c
Oct
19%
14%
Jan
19'/u
•
Dominion Textile
Dominion
14%
Jan
32
25%
Apr
1.45
6c
Feb
Feb
Jan
21
Jun
Jun
27 %
16%
^
Jan
12c
7c
25
Dominion Stores
5,500
6%
10c
13%c
__100
B
19,421
3c
24%
50%
•
;
preferred—
Coal
&
2c
390
19%
Jan
255
Inglis
Sep
650
1.58
1
Magnesium
Dominion
32
18%
57
310
13
7c
10
—
Foundry & Steel
31%
Jun
7%
Oct
-*
-
2%c
32
Sep
38%
25%
Kirkland
Dome Mines Ltd——
Dominion Bank
3c
41c
7
Lake
1
.
1,221
Jun
25%
Acceptance
2
Yellowknife
Distillers Seagrams
46
19%
30c
July
45
27c
7%
500
29
15Vic
Oct
19,500
Mar
25%
117
1
1
32
23
Jan
£i
56c
-j,
*
_.
Lake
Feb
38c
10
Kayrand Mining
Mines
Feb
22c
25
22
34%e
11 V2c
35c
1
,
preferred
9 Vic
*
12%
Jun
Oct
Preferred
9%c
10c
1
May
4%
50%
50 Vi
1
8.75
300
Imperial Tobacco of Canada ordinary_5
117
117
100
Patricia
Mines
1,410
32
Oil
56c
-———100
——
Sep
oan
6,500
Jan
15%
46
Bans
Imperial
Jack
Trust
9c
Sep
Oct
19 Vi
10
35 Vic
1
Indust
156
2,000
19c 19 %c
19c
1
4c
16 Vi
31%
Ingersoll Machine cla.is A
123
130
26c
5%
—5Vi
common
14
25c
—
3,000
77,500
Bay Mining & Smelting..
Oct
Jun
81
75
•
Mining
6%c
10 %c
common..
Feb
1.20
148% Mar
700
19
common---—"
10
5c
9c 11 Vic
5%c
;
12c
5%c Sep
387
9.80
Consol
Yellowknife
Gold
Howey Gold
Sep
Sep
10 Vi
2
16%
Feb
13 %c
Sep
10%
luc
--
—•
Mines
20c
5ac
1
16%
/
59c
17c
Apr
8c
11 %c
Dauch
International
Discovery
Jan
Gold
Mascot
4c
Mining & Smeiting
Oils
83c
Hasaga
Hedley
8,000
Consumers Gas
Red
Jun
Jan
Mar
6C
.*
Consolidated
Detta
Jan
24c
Lebel
Delnite
Oct
Jan
10c
2.83
Consolidated
Decalta
38c
12
Sep
6c
Petroleum
Jan
July
9
5c
6c
3%c July
Indian
Davis
475 ft
8,500
•
2%c
—
Davies
9%
7%c
the
Ansley
Nest
3c
Sep
10%t May
Jun
Mar
1.15
Consolidated Duquesne
Consolidated Homestead
s
9
6%c
6 Vic
8
13 %c
v
Jan
17 %c Mar
Apr
l%c
15c
May
-
Bc-attie
«ragon
9%
II
Gold
500
Julv
32c
Jun
14c
*
"l
Mines
1
Bakeries
u
64,100
Jan
Jan
17
41c
—
Consolidated
Crow
1,295
38c
25c
•
Jun
3,400
Mines
Crowshore
10%
32c
•: 65c.
Oct
4,700
—1
Consolidated
croinor
2c
8%
33c
Oct
Apr
80c
Jun
3c
32,000
consolidated Astoria
Crown
2c
10 %
16c
14
20c
Yellowknife li-L;
Bit
1,330
-1
imperial
Craig
8,000
27,500
56c
Plow
Cresiaurum
7
16%
7 Vic
——-
Commonwealth
Cosmos
21c
3 Vb
16%
19c
Laae—
Cournor
25c
5%
16%
.1
Alabastlne.
5%e
,
——
Consolidated
6c
,
53 %c
19c
Wiilans
Coniaurum
25c
May
Aug
Feo
Sep
Howard
Colomac
13,000
45c
7c
!—
Maiartic
Ccckshutt
9c
25
13
.1
—
Oils
8c
High
Sep
9% Mar
53 Vic
1
Mines
Lucneiiour
&
1.40
.
Hinde
Coastal
1,000
16
150
50c
Cheskirk Mines
Chromium
45c
1,550
%
:
—.—1
—
Researcn
Chesterville
.1
.
Lime
Harricana
Central Porcupine
Centremaque Goid
25
9%
45c
9c
—
Gold
1.05
15
1.93
——
Low
20
45c
Range Since January 1
High
9%
25
—
7,500
1.28
1.85
1
Castle-Trethewey
Mines
Lead
Low
——
Saddlery
3,775
3
—20
1
A
cia^s
Gold
C'ariooo
H
Gulf
Coal
West
Ciuayana
-
v
:
Canadian Wirebound class A_
West
Shares
Sep
30
99%
26
,—100
15% Feb
of Prices
Par
Great
for Week
Range:
Sale Price
High
Low
High
Sales
Week'a
Last
Rsnge Since January 1
"
*
Monday, October 17, 1949
Feb
Jan
9
-
•
Oct
60c
•
Jan
23%
Jan
Jun
75
Oct
Apr
27%
Feb
Volume
*
,■
170
Number 4847
'
'i
• -
,
.
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
CANADIAN
LISTED
MARKETS
RANGE FOR WEEK ENDED OCTOBER
•■.■V.:"-
/"//•■■,,/''■•■
Friday
■
STOCKS—
Week's
Last
"A/:AYY. Y
Par
Mosher Long Lac...
Mylamaque
1
Mines
Drug common
Preferred
Shares
Low
'''
7%
11
14c
6,100
7c
5
STOCKS—
7c
500
May
5'Ac
Jun
7%
7%
1U0
6
11'A
305
10
Par
Bllverwood Dairies
Oct
12c / Jan
%
Feb
10%
14c
Mar
8
Grocers
*
common
Preferred
13%
13%
28 %
National
Hosiery
National
Petroleum—
B
ciass
*
21%
*
28%
21
21V2
755
41c
20
13%
43c
5,000
41c
■-,■
25
12
27%
50
14
»July
28%
Apr
Sewer
Steel
National
Negus
vi V
■__•
30
31
20%
2,008
28
28
28
140
Mines
',.'
•
2.15
2.15
2.20
21 %
Oct
47c
preferred
100
102%
Alger
New
Bidlamaoue
New
Calumet
New
New
Jason
New
Marlon
Mines
I
New
Pacalta
Oils
23%
:
Malartic
(N)
Southam
Jan
Jan
29
1.95 May
2.63
Mar
100
6%c
1,100
1.35
11,500
84c
Jun
2.35
20c
2,500
20c
Oct'
31c
57c
17,466
47c
May
75c
11,500
5c
Jun
23c
3 Vic
4c
5,000
•
10c
10c
11c
7c
,7c
8 Vic
3c
9c
July
3c
I,500
Jun
7c
»
26,625
1
New
Thurbois
1
Yellowknife
Nicholson
Mines
5
Mines
Norlartic
Mines
3%c
,
Nipissing Mines
Noranria
10Vic V 11c
1
72 V*c
May
^
•
Ltd
1
'61
32c
Nordon Corp
1
Normetal
•
Norpick
Mining
Gold
Norseman
North
Northern
Gold
1
Mines
Ontario
Steel
Orange
11c 11 Vic
5%
5%
55
9c
3c
6
5%
2.70
2.60
Western
22c
■11,000
12c
Jun
24c
6Vic
II,500
3c
Jun
7%c
27
27
53/4
170
15c
103,000
7ViC
7ViC
1,162
5c
May
95c
1.08
12,250
45c
May
500
7c
18
Feb
3%
25%
Jun
6c
Jun
Olsen
Bros
of
40,670
2.02
Feb
3.20
1,025
36%
Jan
50'A
1.65
1.28
5c
96c
May
6c
4,750
4c
July
8'/2c
59,000
9c
Jun
24 %C
3c
Apr
Sep
3'Ac
3,000
Malartic
2'Ac
2'Ac
3'Ac
5,500
lc
Paymaster Consol
35'Ac
35 Vic
37c
6,250
30c
Gold
66c
67c
1,000
26
26
26
165
Porcupine
1
Pickle Crow Gold Mines..^.....^^... 1
7'Ac
7c
9c
18,600
1.99
1.99
2.05
7,436
Pioneer Gold
3.35
3.30
3.35
600
5c
5c
5c
500
56C
55c
Photo
—
—
Engravers
;—
Piccadilly
1
—.
Porcupine Peninsular
...1
.
Porcupine Reef Gold
Powell
River
...1
Voting trust certificates—
Corp
Metals
Pressed
;
...1
Purity Rlour Mills common....JL.
1.00
16
65c
1,000
500
__10
7
7
72
Robinson
12%
May
17c
34,100
1,000
46c
40c
May
173/8
5,123
11
May
2,200
65c
80c
2.20
5c
27
27 %
(Little)
9%
9%
50
8%c
9c
3,000
27
common
Roche Long Lac
8%c
Rochette Gold
8c
8c
Works
/.J;
Finance
Ltd
class
Fuel
Royallte Oil
B
1st
preferred
2nd
preferred
Lawrence
1st pfd
Paper
14
133/8
14
4,317
21c
21c
26c
50,016
Oct
23
24
190
8%c May
183A July
27c
24
24 Ve
Jan
54
54
55
620
47
Jun
55
Sep
555
17
Mar
22
Oct
63/4
200
3.95
3.45
3.93
76,550
5.25
5.25
5.35
983
9.30
9.00
9.35
2,550
33
32
33
8,473
*
__
7
7
100
9c
9c
2,000
24
__
2nd
preferred
Antonio
San
Sand
1
Mines
::
Co
—._
5c
Winora
;
if--
York
99
99
20
5'Ac
173/4
Senator
Rouyn Ltd
Feb
115
2.41
3,715
Mines
34c
32c
35c
4,600
18c
Jan
91c
90c
92c
12,475
61c
Jun
1.15
6'A
6'A
50
6%
Sep
7%
Jun
' 2%
2%
156
13A
Jun
3
Mar
*
—
--
Toronto Stock
Par
Asbestos Corp
r
103 "A
Jan
Pulp
&
j
ADr
Brown
.
Co
Bulolo
Gold
—
48c
Canada
and
Canada
j
Canadian Bronze common
Sep
*
High
21
Jun
26
150
13
Jan
13%
75
Sep
145
July
2
May
88
155
20
3
3%
84
10
94
ll3/4
22
Dominion
Sugar
Industries
i
Canadian
Oct
{
12
8,825
Jun
4.75
3%c
1,000
3%c
Oct
6c
•7c
7%c
5,100
6'A
•'/■; 150
6
50
Sep •>
Sep /
"■ o*.
Sep
Jan
Oct
114
156
Jan
Jan
Jan
4
Feb
103
395
70 Ve Jun
600
A
10
Oct
16'%
Jun 1
19
Feb
22 3A
Jan
11% Aug
13'A
Jan
100
20
Apr
23'A
Oct »
225 •
30
July
35
Oct
Jun
23
Oct i
1,280
i
•
•
35
1.95
22
88
•
••>•'•'- 240
1.95
82
83
/
23
1.75
22'%
*
i
25
* 12
23'A
•
1
common
22%
23'A
—
com
Canadian Marconi
21%
12
34
*
—_—_*
Fairbank's-Morse
/Jan
3.50
■-
•/.:
-
High
190
165
v>
91
10/
v
•••
Range Sinee January 1
19%
;
'
155
-4.000
G'A
Sep
f
50
Mar
May
24 V*
13'%
84
♦
Vinegars
Oct
86
71% July
3%
,
/■v
Low
155
—
5
—
14
Jun
24
—
1
—100
Shares
13'%
com.*
common
Preferred
Jan A
93/4
:
Paper
for Week
Low
24
*
—100
24
Jun
Jun.
Range
.
•
Banknote
Preferred
I
4.10
,
Sep
Sales
Week's
of Frices
Last
Sale Price
Jan
10c
3%c
Canadian
17c
6'A
Mav }
Oct
1
common
Western
Canadian
—
Lumber
Consolidated
15
100
143/4
Jun
16
14%
14%
250
14%
Oct
16'A May
*
8,000
30c
Jun
60c
Sep
Foothills
223/4
Jun
25%
Jan
14
Oct
>
1,300
3%
-55
755
55%
20 "
*
183A
18 '/a
19%
53c
46c
58C
—*
39'%
39%
393A
480
•
3.15
2.90
3.25
6.585
,
8,943
■
60
*
'88
Jun
4
3% May
49
•
Jan
Oct
55 %
Apr}
Oct i
Sep
13%
Jun
19
26c
Jun
58c
313A
Jan
40
Sep
3.65
Jan •
Feb
Bridge
Oil
273,211
2.30 Aug
Oct
•
•
Shawinlgan
Shawkey
Shea's
Water & Power com..
T'-i
Mines
Winnipeg Erew
Sheep Creek
class
310
15c
15c
1,100
10'Ac May
-
13 'A
14
235
11'A Mar
...
—.
1.15
1.15
100
1.01
Jun
1.60
1
Gordon
Sherrltt
25%
.50c
Gold
Sherritt Gordon
25%
15c
14
A___.
;
2.85
3.10
55.711
1.25
Jun
3.40
20'A
20'A
250
2.91
...1
20
Sep
21
•
International
Paper common
International Utilities
i
29
28%
29
285
31%
Jan
-*
Hayes Steel
69%
673A
71%
10,272
43'%
Jun!
71 %
Oct
815
13 5A
Jun
17%
Oct
3,475
12 V*
Jun
22V*
Jan
Breweries
Sep
Minnesota
Apr
Ogilvie Flour preferred
17%
&
Ontario Paper
•
-t*-.—
Voting
Sigma
Siianco
Mines
Mining
Silver Miller
»•
z
(Quebec
for footnotes
see
17%
17
15%
17
172
"172
25
5.50
5.40
5.55
2,800
59
CO'A
250
45%
42c
42c
115
40c
Mar
*
400
153A Mar
20'A
Oct
18'A
193A
635
153/4
193A
'
9.50
Sep
Southmount
Apr
Southwest Petroleum
172
Oct
3.35 May
Jun
173
6.70
63
Jan
Jan
Sep
Oct
7.90
7.90
250
Feb
7.00 May
30c
30c
34c
8,300
29c
Aug
1
page 42.
Bros
20'A
.1
„
Price
193/4
.1
Mines.
1
19%
trust certificates
17
——100
Oreille
20'A
common......
213/4 Aug
Jan
Pend
Slck's
45c
45c
47c
31,400
32c
Jun
65c
f
Jun
Oct
20c
55
A
*
Paper
Dalhousie Oil
37c 39 %c
3'A
•
Westinghouse
i
2.00
1.15 July
2,100
:
Canadian Vickers
Dominion
25'A
2.75
2.00 May
Funds
Friday
STOCKS—
Apr /
48
•
May
Exchange-Curb Section
Canadian
t
Mar
18 3A
101% Mar
'
Sep
Mar
115
—
{
26%cMay
Jun'
143A Jun
'
July
7c
118
2.35
18 '/2c May
4.05
38c
100
Jun
4c
110
Oct
1.18 May
9c
1
May
500
2.40
•
*
~3c
-
Apr
10
100
Knitting class A
12,500
;
Jan
37'A
1
preferred
Mines
16,000
'
11 %c
Feb
Jan
"
/ 7c
Jan
May
97
1.140
5'Ac
Apr
27
4,000
5'Ac
1
Jun
1
J)
Bear
6c
33%
100
.1.
....
&
5c
33'%
6c
•
90%
v.-,
33%
1
common
Gold
(Alex
13c 15 %c
'
25
Mar
Jan
Oct
—
21
rt.,U5
8.95
—..
common....
Sep
Jan
15
&
15c
July
Feb
:
Sarnia Bridge (new)
Jun
5c
5.85
Scarfe Ltd class
Scythes
7c
500
26,448
'
Jan
6c
8.95
.
.Sannorm
.
Oct
11'A
6c
8.70
Jun
Feb
33
Oct
1
Columbia
1
Gold
River
15'A
Jun
7
37c
British
31
Jan
Sep
Jan
100%
Yellowknife
Oct
50
7%
4.85
6.40
May
Oct
4.10
Y
7c
10%
i... ...1
(new)
Gold
Jun
Jun
6.50 May
233A
15
'
.
5%
1.10 May
4.00
Jan
728
Yellorex
8c
93A
6%
__
Sep
17c
Sep
week
Wright-Hargreaves
Jan
35
8'Ac
3.05
17,500
Preferred
12
14
500
Jun
12c
Wood
Oct
4%
1.22
24%
993/4
y;
;>9%
17'A
10c
__
5,200
.
993/4
Wingait Gold
Winnipeg Electric
Feb
20
2.95
10c
A
22
2.80
.
153/4 Aug
Jan
Winchester Larder
./.>V;V. v. / 'vi..'•••'
30 3A
20
20%
22
2-90
8 3/4
10'%c
Oct
80
May
24
10%
80--
Apr
65c
lie
90
.
90c
Oct
993A
10%
(new). ..99
Feb
15c
•
W)
Canadian
St
55c
1,000
•
10%
14
25,800
20c
1
American
__
Si
Preferred
British
1
69c
20c
100
'
;
Oct
50
Oct
60c
Sep
9
Oct
23'A
200
Wiltsey-Coghlan
■
Jan f
24
22'A
Jun
2,560
1
Sep '
103
Jun
22'A
1
Minerals
No transactions during current
Weston
(George) common
13c
;
Sep
17
17%
Sep
23'A
25
Ashley
26%
9
51c
21%
1
50c
24
May
Jan
Mar
23'A
Wekusko Consol
Jun
103
15c
29c
__
•
(G
Jun
9
Jun
39,600
12
103
50
preferred
common
Aug
_;.49
7c
42c
•
(Hiram)
6c
1
—
——
A
Amulet
Waterous Ltd
243A
.100
Power preferred
'St Lawrence Corp new common
1,000
35c
Oct
Aug
10%
100
5
■
1.20 Aug
Oct
,1,120
10c
•
250
■;;:
•
23c
163/4
Feb
102
9c
•
7,200
163/4
10'A
11
102
•
Mines
1,135
6c
Jan
•
Steel
2,000
5c
Oct
1.35 Mav
11
Jun
•
Resources
Ventures Ltd
44c
16 V*
Aug
14c
Mar
9
Feb
j
70c
10%
41c
*
Upper Canada
Walte
100
V
-\
• .22'A
Hill
26%
"
A
preferred
Keno
38c
13c
•
common
class
Oils
25%
Roybar. Chibougamau
Rupununi Mines
"Russell industries
9'%
9'A
22
,
May
y
.
1
class
10%
A
93/8
Jun
1,060
Sep
22c
Jan
69c
8,850
Oct
3.75
Oct
Oct
7c
Oct
10
1
26
8c
..10
1.18
10'%
1
class A
42c
Co.
1.15
103/8
Jan
17'A
Oct
5%
Sep
45c
i
Feb
30
•
Corp
8.85
Oils
Eank
Oak Dairy,
1.17
i03/s
50
Mining
United
3.75
27
101
1,500
Sep
36c
Oct"
8%c Jan
4,282-
14c
Oct
Jan
2.35
26% July
4'% Jun
2.54
Oct
103/4
Jan
9%
Sep
2.24
40c
•
United
8%c
2">0
17'%
/ 50c
common........*
Petroleums
United
Jun
3c
2,000
6,000
17'A
__
United
May
1.45
1,100
:
11c 14'%c
i
45c
__
Jan
1.04
10,145
11c
A
United
Jan
67c
Jun
10,308
2.20
A____~.
Iron
Union Gas
•
Jun
65c
73c
3.30
1
Transvision-Television
Oct
9%
3.20
_*
Class B
.
65c
...
17
50
12c
Class B
11 '/2c May
Jun
10
15c
100
200
*
Mortgage
Towagmac Exploration
Oct
6'A May
30
5'%
10
3.25 ;
•
Toronto
Jan
2.05
67C
80C
class
Silk
Jun
133/4 Mar
5'Ac
19,800
30
A
Toronto
Sep
Jan
57,297
16 5/8
__1
Elevators
Union
17c
15c
,
./...l.-.....*
—
Gold
Traders
5
1.27
Sep
27c
Sep
May
7,125
Oct
1.95
Mar
1,000
7
88 3A
Jun
1.27 Jun
1,74
5'A
Mines
16c
34c
5v2c
30
10
Toronto
Tower
5,900
1.65
1.68
•
Gold
Class
76,890
common
Gold
1.26
5%c
1
common..
78'A Mar
2,100
2.24
38c39%c
16c
Ltd
(Pearson)
21c
1.99
.
,
_50c
....
Torbrit Silver Mines
Sep
1.25
9 V*
20c
2.14 \
39Vic
River
Tombill
Jan
1.30
16%
1.30
17
42'A
Jun
455
63/4c
17 V.
Inlet
Toburn
Oct
Jun
2.05
5c
Riverside
!
Jun
123/4
12'A
18c 21 %c
Oct
•
Thompson-Lundmark Gold Mines
Jan
8c
57c
3,200
' 425
I.74
Regcourt
.Saguenay
30c
May
65c
Reeves MacDonald
*
s/
G3,4c
Quemont Mining
Quesabe Mines Ltd
Royal
3c
H.3/4
19C
Mines
Tip Top Tailors
Sep
Jun
72c
Cons
Preferred
Sep
Jun
:
90
1
153Ac Mar
2.70
65c
Quebec Manitou
Mar
1
common
Feb
4.00
33%
Quebec Labrador
Queenston Gold
78
65
30,245
Jan
27
Jun
1.71
1,630
1
—
425
90
Sep
89c
Apr
4,900
1.88
Oct
Sep
3.00 Mar
16,400
17
Purdy Mica Mines
Roxana
7c
1.06
...1
—
East Dome-
45c
Jun
413/4
95c
Sep
16
1.88
Sep 1.
6'/2c Sep
July
1.03
Proprietary Mines
Royal
59c
15%
83c
Feb
Western
25
40%
1.00
Jun
13'A
883A
Walker
1.05
Power
50c
185
6c
Jun
41%
1
Powell Rouyn Gold common—.——
Preston
55c
8,200
87
1
Perron
Canada
Tech-Hughes
Oct
15
1.66
Apr
3 'Ac
__
24
73c
87'%
Sep
He 16 Vic
5c
15c
_
13,100
18%
15
1.75
Sep
1.20
Jun
Oct
68c
88 3A
Sep
48
Sep '
12
15
88'A
Class
3.15
47
1.25
1
1
Jan
2.97
Jan
•
•
Sep
47
Ltd
Vo
Gold
25
Feb J.-
18c
7
Apr
1.18 Aug
Jun
1,405
API
Oct
9c
12
5
6% Mar
20c
11%
9%
Transcontinental
10c
12
Oct
Sep
5%
Sep
Jun
Julv
4%c
_~__
Oil
Malartic
20c
3.05
Mines
Jan
9'A
7
Taylor
Apr
Tubes
55c
Jun
4
Sep
Feb
ll%cll%c
July
5
675
Aug
Jun
HVic
23c
41c
1,715
135
5% .Sep
Oct
1.11
1
July
2,473
83/4
430
July
1.42
5
10c
50c
8
•
May
19C
10
31,740
—I'
-
PorcuDine
Partanen
15c
Sep
Sep
May
32,225
27
1,000
46c
__
8'/8i
:
24
Feb
40c
Sep
•
73/4
Jan
2.20
12c
11'Ac 11 %c
•
common
4'A
Tamblyn
Jan
12c
2.11
1
Mines
Mines
Hershey
Parbec
13 %c
1.96
1
Pandora Cadillac
Pan
Jun
1.94
•
:
Aug
7
Taku
;
Jan
2.12
20c
Aug
20
,4
Jan
3.75
2.02
*
common
Lake
Lake
Pamour
14c
335
Pacific Petroleum
Page
4c
57,000
9
30
Mar
23'%
Sep
17c
Jun
3%c May
14,500
14c
9
•
Gold
Red
52c
1.70
7,500
13c
13c
*
Crush
Orlac
Oct
•
Omnitrans Exploration
Osisko
16c
Feb
17
24c
4
Oct
1
Malartic
Osulake
15c
'15c
Sep
63
9%c Oct
77,500
Sep
26
330
Superior Oils Ltd
Apr ;
Jun
10,000
10c
5
Gold
Orenada
5c
8c
1
Oils
O'Leary
4Vic
8%c
94c
50
20
Sylvanite Gold Mines
1.25
31c
1,000
Feb
29
20
7%
j
1.03
•
48%
10,029
•
Mines
Preferred
Okalta
10c
4Vic
1
North Star Oil common
O'Brien
Jun
1
Extension
Northland
May
90c
1
Mines
Inca
47c
2.75
81c
29
23'%
Jan
10c
64c
•
Surf
Jan
8c
2.50
2.70
77,350
Oct
20
Sullivan
I;
AY.
26c
41,625
Jan
Sturgeon River Gold
Sep !•'-
Sep
2,437
Jan
44C
Jun
29
Preferred
Jan
Jun
G2'A
99'A
Steep Rock Iron Mines
12c
''
3c
31c 37Vic
62
27
Jun
18 %c
•
Steei
14c
5%c July
/ 437
Sep
93
8,175
•
Stedman
Jan
9c
1.05
21
255
37c
Jan
80c
Mines
Chemical
Starratt
Feb
Jan
1,3,00
77,100
70c 83 Vic
1.05
1.05
5,536
97%
31c
Jan
30
Stanley Brock class A
Mar
6,000
3%c
27
96'A
9%
Sep
Standard Radio class A
18c
■
Nib
24%
97%
Apr
*
•
Preferred
Jan
'
26%
8'A
1
Standard Paving common
Feb
10c
53c
8Vic
22
1
Feb
4%c
10c
2,350
Brazeau
Standard
Feo
15c
20c
57c
26 %
...20
Co
Co
Stadacona
,
Apr
104
Jun
:
25
Jan
Mar
1.30
1.30
1
Rouyn Merger
34
Jun
25
15
1
1
Aug
163A
13,066
1
Gold
27
4Vic
1
1
Norzone
New
105
9%c 10 %c
1
Goldvue
New
102%
__
High
26'%
1
Sladen
Jan
2,700
Low
9'A
100
•
A
Gold
Slater
Jan
15% Mar
105
19Vi
10
_
(Wm)
:-y
31
20%
Trust
Neilson
New
Pipe class A___
Car
Range Since January 1
High
9
•
class
Preferred
South
National
National
Low
9'A
Jan
27c
Jun
Shares
•
Class B
„
11% July
Siscoe
National
A
for Week
100
Simpson's Ltd
Sep
class
Sales
Range
of Frices
Sale Price
High
8c
Week's
Last
Range Since January 1
High
13c
i3e
...5
—
Friday
for Week
■' Low
1
14
Sales
Range
of Prices
Sale Price
National
(1529) ' 41
■
48 %c Mar
Temiskaming
—*
Invest
Mining
;
42c
—*
35c
35c
1,000
25c
July
1
6%c
6%c
2,000
6c
Jun
45c
May
42c
Oct
8%c Aug
,
42
THE
(1530)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, October 17, 1.949
OVER-THE-COUNTER SECURITIES
Quotations
for
Friday, October
,
Investing Companies
Aeronautical Securities
Affiliated Fund
1
10
1
American
Shares
Business
series
Shares
"
4.15
3.83
Axe-Houghton
lc
Business Equipment shares-lc
Electrical Equipment 8hares_lc
General Industries sbares_lc
Home Furnishings shares—lc
Non-Ferrous Metals
lc
Paper shares
lc
Petroleum shares
lc
Steel shares
lc
Manhattan Bond Fund Inc—10c
Fund
1
B
B
Blair
Holdings
Bond
Inv Tr
'14.24
1
1
*
Beneficial Corp
Corp
of America
9%
7.70
1
15.48 !
-
5%
4%
2%
-
2%
90.99
93.11
B
20.51
8.38
15.73
Bullock Fund Ltd
1
17.56
Century Shares Trust
1
35.17
<
17.01
19.24
37.82
Fund Inc
Boston
10c
Fund Inc
Invest Corp
Bowling Green
Street
Broad
22.17
Obligations Of Government Agencies
Ask
Federal
97.58
99.57
47.61
48.58
3.11
3.43
3.41
Home
3.76
3.68
Feb
1.35s
8ept.
15,
Banka—
1950
10O.5
-400.3
100
—
3.67
Bid
1952-1950
Ask
99.26
100
1%6 Jan.
1, 1953-1951—
100.4
100.12
1,
1955-1953
102.16
102.24
Panama Canal 3a
4.81
.1961
118%
1%'S
119%
1,
1957-1955
100.8
100.1
Oct.
Interest—.1
26.14
28.26
12.01
U.S. Certificates of Indebtedness
4.06
7.61
12.98
Dollar
Matnrlty—
Int. Rate
.
Bid
Price
Ask
Maturity—
Bid
Ask
.
1
Fund
Chemical
Christiana Securities
100
100
1
1
28c
com
Preferred
Cominonwealtif
Investment
Fund
Delaware
Dividend
Shares
Eaton
13.86
14.99
3,500
3,650
134
139
*
5.57
6.05
13.36
14.60
xl.44
1.58
Howard-
&
1
I
Fund
Balanced
Stock Fund
25.06
27.76
17.71
18.94
2Go
3.75
3.95
Fidelity Fund Inc
8
Financial Industrial Fund Inc_l
25.29
27.34
1.79 1
29 %
4.94
>
1.96
31'A
5.49
Equity Fund Inc
10
Fund
-1
Franklin Custodian Funds Inc—
Preferred stock series
lc
:
Common stock series—
lc
Fundamental Investors Inc
2
Fundamental Trust shares A—2
Gas
Industries Fund Inc_—1
General Capital Corp
1
General Investors Trust
—1
Group Securities—
Agricultural shares
lo
Automobile shares
lo
Aviation shares
lo
First
Boston
Corp—
First Mutual Trust
lo
Building shares
lo
Electrical Equipment shares lo
Food shares
lc
shares.
Chemical
Fully Administered shares—lc
General bond shares
lo
Industrial Machinery shares lc
shires—lc
Investing Company shares—lc
Low Priced shares
lo
Merchandising shares
lc
Institutional bond
Income Series
.
6.16
5.20
15.29
6.98
16.94
5.62
4.74
13.95
6.08
15-67
48.61
4.79
52.27
5.14
Bank
Steel
5.64
Tobacco
5.38
Group
Investment
Co
of
-
;
Fund
Inc
(net
asset
Sovereign
1.83
22.85
21.14
2%
1
10c
1
^und inc
26.84
Union Preferred Stock Fund—1
7.58
8.26
13.71
14.01
S-l
(Quality
common
15.16
20.95
26.71
8-2
(Income
com
14.36
1-49
4-1-49
1-
3-50
bl.25
1.15%
1.35%
9-
1-49
6-
7-
1- 3-50
bl.25
1.15%
1.30%
10-
3-49
7-
1-49
Bid
Oct. 20, 1949
Oct.
27,
Nov.
7.38
—
3,
4.82
6.53
7.49
11.05
i
0.93%
0.95 %
—
Bank
of the
Bank
of
5.72
93c
6.26
A
1.02
50.00
bl.05
0.97%
9.45
67C
100
Trufet
10
—
323
75c
Chase
36%
4.87
Series
Chemical
Bank
Bank
15
10
44 %
Trust
50%
1
4.57
5.01
Series
16
32%
18.58
93
96
Continental
Bank
Central
10%
10
3.95
Federation
Bank
Trust
&
.10
17%
National
—10
Bank
1.305
..100
290
6.80
7.90
Industrial Bank of Commerce. 10
27
2.06
2.35
17%
3.63
Irving Trust
Kings County Trust.
Lawyers Trust
"l
2.25
Guaranty Trust
Shares—
1
Manufacturers
Insurance Companies
Trust
&
.10
10
lo
87
90
59%'
61%
Aetna Life
10
67%
70%
Casualty
A
Surety
-25
Co
.20
Co Inc
100
12%
5
33%
10
116%
120%
Jersey Insurance of N Y
20
47
51
71 »/2
American Alliance
10
17%
26%
Maryland Casualty common
$2.10 Prior preferred
16%
25
10
49
52
24
29%
317/s
5
31%
8%
American Fidelity &
American of Newark
14%
16%
8
$1.05 Convertible preferred—5
Massachusetts Bonding
5
23%
25%
Merchant
Fire
Assurance
Merchants A Mfrs
Casualty-S
14%
2%
21%
22%
National
American Re-Insurance
lo
31 y4
33 %
National Fire
28
59%
lo
47
Automobile
Bankers
A
New
28
96
lo
Fire
66
New
common
21%
23%
Hampshire Fire
York
North
31%
61 %
;■
39 %
41%
r
37%
39%
f
2
2.50
12.50
10
57%
45%
48%
621%
Pacific Fire
10
35%
37%
Pacific
•
36%
38%
Phoenix
17%
27
10
Federal
10
63%
Fidelity & Deposit of Md
lo
65%
61
64
-f.
10
73
Indemnity Co
Preferred
76
10
88%
91%
5
18%
Co
10
12
..100
8%
Globe A Rutgers Fire
2nd preferred—.
Great
com
Hanover
Fire
Hartford Fire
Hartford Steam boiler
I
28%
30%
5
54%
56%
5
American
lo
11%
12%
15
36
15
Accident
60
15%
17%
96%
99%
5
4 %
-
37%
Republic
(N Y)
(Texas)
35
iq
104
10
•
36%
Bank
45%
;
361/4
38V4
Bid
1
•
Bell Telephone of Pa 3s.
(Gov't of)
-1974
i
35%
106 x270
Trust
&
20
•
290
31%
33%);
63
66
53%
56%
45
Bank——13%
United States Natl Bank
20
47
Francisco
San
Bank of Amer N T A S A. .12%
X
k—
Security issues
Stocks—
Ask
Cen
105%
105
..1974
Canada
Duke
Power
§
4.75%
Conn
..1679
27As—
104%
94
97
Seaboard
Surety
Security (New Haven)
Springfield Fire & Marine
1979
103%
&
Pow
100
$2.20
103
•
54
pfd
ii
j';
105
54%" !
Delaware
4.28%
Power
A
Light—
100
103%
pfd—50
51%
pfd_30
32%
preferred
Hartford
Electric
3.90c
105
.
103
Elec
l05
104
Iowa Southern Util 5%%
51% •;
Narragansett
1978
3s
1978
England Power 3«
'
N
106
Y
2%s
States
Power
104%
North States Pow
101%
3s 1979
105%
1978
105%
106
3s—1979
103%
104%
(Wise)
Ser
Power
8erv
3s^.
of
Indiana
1007/a
101%
West Penn Elec 3%s——1974
103
103 Va
Gas A
106
pfd—100
104
Diego
4%%
Gas
113%
U
107
; *
100 •'
108<;
*
>
100
.JX
Elec—
A
20%
20
8-
preferred
Gas
$4.65
J
107%
.104%?,;:.;
112%
pfd.100
preferred
Staten Island Edison—
Tenn
1
105
4.40%—100
Elec—
,jy..
'
100
$4.75 preferred series G
.
'
Gas—
(Colorado)
Rochester
San
Ohio
A
Pub Serv of Okla 4.65%
101
104%
:
Elec
pfd (series 1949)
Penn Pow A Lgt 4%%
105%
(Minn)
1979
State
4%%
34
'
—100
106
_
21%
•108
X
1
Transmission—
preferred
103%
100
103%
i:
'
10
52%
37
39
10
49%
51%
i
55%
10
Standard
Fidelity A Guaranty Co—2
58
60
37
U S
Fire
65%
68%
107
U S
Guarantee
Westchester Fire
preferred
Lt
4.90%
Travelers
10
100
——
52
51%
104%
7%
39
Accident
pfd_50
104%
30%
12%
6%
$2.50
Ask/1.X
Bid
Far
Ariz Lt A Pwr
Central Hudson Gas A Elec—
—
Kansas Power A Light—
1st mortgage 27/»s
Public
—2
10
39
38%
Detroit
.:
National
First
9%
Tenn Gas Transmission 3s—1963
St Paul Fire A Marine
U S
10
1
"5%
10
87
5
of
Portland'*
680
650
Recent
Bonds—
Northern
57
5
19%
Republic
Pittsburgh
Pub
10
Casualty
Reinsurance Corp
v
Bank
90
New
114
'
v
34
X:'
55%
t.
102%
25
Providence-Washington
Fireman's Fund of Frisco
Firemen's of Newark
32
'
18%
69%
Fire Assn of Phila
Bank^——16
297
290
241
43%
Kentucky A W Va Pow 3S.1979
•28%
61%
59%
Peerless
Globe A
X
29%
5
River
Northern
Employees Group Assoc
Employers Reinsurance
282
34
44
42
53%
85
25
2%s
591/4
10
Fire
lo
General Reinsurance Corp
Glens
Falls
1
101
Connecticut General Life—
Continental Casualty,
Cram A Forster inc
/;
5
Amsterdam Casualty
New
70%
5
f
lo
New
Shippers
Boston
Camden
Casualty (Detroit)—10
National Union Fire
62%
27% ii
25%
100
Peoples First National
16%
American
Surety
Bank—20
Co
Farmers Deposit Natl Bank—100
1,530
235
9%
1
5
Assur
555
93?
»..
33%
4
American Casualty'
American Equitable
100
Mellon Natl Bank A Trust
44
V
25%
47%
Co
10
...
18%
90
74%
4
315
35%
Insur Co of North America
25
Automobile
193
300
Ask
Agricultural
American
85%
185
30
42
United States Trust.
Home
*.■
Trust—33%
100
National
National
299
i
100 1,480
Title Guarantee A Trust
Bid
Ask
205
31
29%
100 1.245
—1
Par
Bid
195
Detroit
19
Sterling National
Aetna
1.00%
,•
?
National City
National City Bank
Aetna Insurance
0.98%; /
Savings—..100
A
Cleveland Trust
County Trust Co
(White Plains, N Y)
Empire Trust
Shares—
Ask
A
Bank
Trust
Cleveland
Trust—
A
Stamped
York Trust
25
Public Nat'l Bank A Trust. 17%
Bid
bl.05
34%
50
&
Co
New
Par
0.98%:
bl.05
.
Bank
Trust
Northern
57'%
Trust
Morgan (J P)
•
0.98%
0.98%
bl.05
Commercial National Bank A
First
1956XX
Amer Trust
bl.05
bl.05
——
;
National
Harris
52%
x55%
First
46'A
20
Corn Exchange Bank A Trust.20
18.65
Fiduciary Trust
1955
North
1949
0.98%
Companies
38%
National
1
11.82
Ask
0.98%
bl.05
1949.
1949
National
99
2.80
4.45
,
bl.05
—
Continental Illinois
47%
•
10.83
1.15%
Far
338
45%
96
5.89
3.65 i
Fifth Avenue
Central Hanover Bank & Trust 20
:
Stks)_l
bl.30
City Natl Bank A Trust—.100
10.30
17.29
Shares
15,
22,
29,
Chicago
25%
143
19.09
Trustee
1.15%
3-50
Ask
135
16.08
E
bl.30
Jan. 5, 1950
Jan; 12, 1950
York
Brooklyn Trust
20.97
17.52
Bid
100
17.49
Series
1.15%
1-50
1949.
Dec.
0.96%
bl.05
—
—;
Manhattan Co_10
New
Bankers
53.00
1
1
Independence Trust
1.15%
bl.30
1949
8,
Dec.
_
11.21
1
Diversified
1,
Dec.
York
21%
10.10
1
New
19%
Unit Type Trusts—
22.85
29.13
bl.05
Dec.
Banks & Trust
10.36
9.90
Wisconsin Investment Co
1.15%
bl.30
12.11
10.07
-
bl.30
4- 3-50
8.21
7.00
Inc
3-1-50
.5- 1-50
Bid
0.96%
Dec.
1949—————
Nov. 17, 1949
Nov. 25, 1949
5.28
5.96
9.26
Fund
bl.05
8.09
1
Whitehall
1.15%
Treasury Bills
0.85 %
bl.05
1949-
Nov. 10, 1949—
1
Wall Street Investing Corp
Wellington Fund
Ask
bl.30
2-
Ask
bl.05
18.36
United Income Fund Shares
Stks)__1
Fund
8-
11.72
Union Common Stock Fund
1*>.67
Knickerbocker
Investors
24.69
9.84
16.54
com
1-49
1.35%
<
United States
49.92
Street Investment Corp.*
State
17.27
com
7-
1.10%
10.69
49.92
1
9.02
(Appreciation
1.55%
bl.25
2.48
86c
1.17
12.98
15.83
(Low Priced
1.10%
1-49
16.12
78c
1.06
11.85
1
8-3
bl.25
12-
16.75
2.27
Trusteed Industry Shares
25c
Union Bond Fund series A
1
Series B
—1
Series C
1
Bonds)
1
K-l (Income pfd Stocks)
1
K-2 (Appreciation pfd Stks)_i
8-4
12-1-49
5-2-49
8.34
14.99
8.68
Stks)-1
Stocks)—1
3-1-49
Bid
1-50
Due
2-49
15
lc
lc
lc
Priced Bonds)
6-1-49
4.13
7.92
(Speculative
1.55 %
-
Par
Standard Invest Co Inc
28.66
24.52
(Low
1.10%
11-
10.82
value)
Selected Amer Shares
4.68
27.42
22.48
B-4
5-
bl.25
Due
1-49
Scudder, Stevens & Clark
6.28
Keystone Custodian Funds—
<B-1 (Investment Bonds)
1
B-2 (Medium Grade Bds)—1
B-3
Dated
1.55%
11- 1-49
1.50%
11.85
1
Fund
Investors
1.69
1
10.81
1
A Trading
Putnam (Geo) Fund
4.33
Boston—1
Rat©-,
4-1-49
1.55%
7.28
8
Petroleum
Republic
.0420 ?
11.49
lo
Investors Management Fund
Ask
1.10%
1.50%
6.42
6.64
9.87
1
1
—1
1
Railroad equipment
Television
America
of
Investment Trust
Bid
X 1.65%
10.16
5.86
3.77
——1
Pacific Coast Invest Fund—1
Public Utility
1
Ltd—
shares
9.27
10.48
oils
Railroad
.0487 /
100.0231
1950
bl.25
8.56
7.92
.1300'
100.0306
1950
.1055'
.1142
100.1160
1-49
2-
11.27
1
Insurance Group shares
Dated
1.55%
1.50%
7.81
10c
Stock and Bond Group
15.92
10.28
7.58
15,
.0780
100.0872
11.42
Shareholders Trust of Boston—l
Group shares
14.85
1
1
1
5.72
Aviation
1, 1950
13.24
7.91
7.32
9.44
8.68
5.92
8.18
100.0706
100.1018
Federal Intermediate Credit Bank Debentures
Rata
10.35
lo
Shares
tl%s Oct. 1,
tl%s Sept.
3.78
7.61
lc
Institutional
.0498
3.73
3.44
9.44
4.54
4.85
5.01
8
100.0414
6.16
3.41
12.08
3.76
Investors
tlYi* Jan.
Ask
3.00
1
4.13
4.41
4.56
Incorporated
.0876
,4.92
5.64
1
lc
lc
Howe Plan Fund Inc
2.80
4.50
Electrical equipment
Railroad stock shares
Income Foundation Fund
100.0631
Bid
4.45
Insurance stock
6.91
.1517
X1V*» Dec. 15,1949
Indebtedness—
.06751
100.0586
6.94
7.79
8.62
2.57
Utility shares—
6.35
4.07
1%% 100.1426
*
(cont)-
tiy4S
of
6.39
6.66
9.75
4.99
7.21
6.67
8.99
1950
1.
tl%s Mar. 1, 1950
Apr. 1, 1950
tl%s June 1, 1950
tl%s July 1.
1950
Certificates
7.23
5.85
7.10
3.42
shares-
6.62
6.07,
8.90
4.54
7.86
2.33
Tobacco
9.54
10.76
Diversified Investment Fund_l
Diversified preferred stock—l
lo
shares
8.82
1
1
Machinery
Merchandising
Metals
lndebt
tl%s Feb.
11.67
7.23
lc
lc
Steel
Certificates of
tAprll 1, 1950
15.44
14.52
10.65
6.11
5.91
shares
shares
RR Equipment
13.95
13.52
8.62
5.57 *
5.38
Railroad Bond shares
Petroleum
Treasury Notes—
13.46
7.87
6.59
lc
shares
1
1
Industrial Stock Series
-1
Selected Group Series
1
Low Priced Cora Stock Series 1
New England Fund
1
New York Stocks Inc—
Agriculture
1
Automobile
1
Aviation
1
Bank stock
1
Building supply
1
Chemical
1
Corporate bond series
Diversified Industry
7.46
5.14
Mining
1
Speculative Series
Stock Series
i|
4.05
4.36
6.94
beneficial
point
2%s Feb.
Istuet
Mass Investors Trust—
of
1,
100.4
,
Other
a
3.26
3.68
Ctfs
1%S May
-
1950
82nds of
more
or
100.2
100.2
1950
15,
one
Federal Land Bank Bonds—
Ask
Bid
3.74
2.95
Loan
20,
1.25s
3.48
3.39
!%• Jan.
4.06
3.15
Mass Investors 2nd Fund Inc_l
Mutual Fund of Boston Inc—1
Mutual iDvest Fund Inc
1
Nation-Wide Securities—
Balanced Fund
1
National Investors Corp
1
National Security Series—
Bond series
1
Low Priced Bond Series
1
Preferred Stock Series—;
1
8.39
if ft
ft.
Figures after decimal point represent
2.61
Managed Funds—
Automobile shares
A 4.05 v..
3.74
8%
7.12
Inc
Fund
Axe-Houehton
2.39
Lnomls Sayles Second Fund_10
34%
33
2
A
Bid
Lexington Trust Fund
25c
Loomis Sayles Mutual Fund—•
5.49
Standard Oilstocks
Associated
Par
Mutual Funda—
A*k
5.00
IV*
Inc
Holding Corp
Amerex
Bid
Par
Mutual Funds—
14
4
10
8
36%
785
38%
810
a
Odd lot sale
Included in
year's
(not included In year's range),
range)>;-eEx-interest,
b Big yield price,
f Flat price,
k Admitted
; •,
d Deferred delivery sales (not
to
listing
N.
on
Y.
Stock Ex-/
change, n Admitted to trading N. Y. Curb.
rCash sales (not included in year's range), tEx- >
liquidating dividend. (UnjT. Admitted to Unlisted Trading privileges, wd When delivered, wl When
Issued,
x Ex-dlvldend.
y-Ex-rights. z Ex-stock dividend.
J
,
79
83
♦No
22%
24%
U1949
value, tin default. tThese bonds are subject to all Federal taxes.
range adjusted (50% stock div. paid on Aug. 31).
par
:
•
.
,
Volume
170
Number 4847
THE
THE
Bank
with
clearings this week show
a
based
year
COURSE
decrease
a
compared
Preliminary figures compiled by
ago.
us,
We
15,
clearings from all cities of the
United
FINANCIAL
OF
cknnot
BANK
furnish
the last day of the week in all
In the elaborate detailed
be
We present
4.0%
below
Our
those
for
preliminary
the
corresponding week
totals
against $13,027,119,975 for the
this center there is
stand
week in
same
ended
BY
Friday^of
TELEGRAPH
.
■
that week there
was
increase of
an
1.2%; the aggregate of clearings for the whole
country
having amouhted to $14,251,646,889, against
$14,082,048,¥
584 in the
3.0%;; Our comparative summary for the week follows:
CLEARINGS—RETURNS
For
same week in 1948.
Outside of this city there
decrease of 3.3%, the bank
clearings at this center
was a
having
recorded
increase
an
■
of
5.7%.
We
Per
Week Ended Oct. 15
New
1949
York:
Chicago
St.
1
San
Francisco
Pittsburgh
258,201,000
__L_
/
.
.'V-Y
1.5
+
cities,
five
days_"_'^_
2,782,682,360
Cleveland
|' 8th St.
•
11th
>.
„
Total all cities, five days. $11,731,121,452 $12,164,780,152
-!
All
cities,
I
I
day
one
778,135,749
,V''i
/
Total
all
cities
9.8
—
6
4.0
933,993,699
742,570,201
451,358,924
619,653,924:
919,405,130524,727,079
391,350,952'
430,891,560
«•
"
4
7
«
'<
__10
6
_^___
Francisco
Inc.
—
+
939,130,951
801,280,461'
+
5.5
$
0.5
400,417,711
6,411,025,278
641,280,360
492,112,741
330,649,049
459,875,815
620,068,285
369.802,815
-245,197,795
350,883,124
829,248,036
714,517,327
7.3
3.5
673,118,680
—
7.9
+
1.3
892,713,432
498,960,259
+
5.2
450,801,200
411,024,032
427,565;662
—
490,640.449
8.5
—12.2
452,364,819
0.9
255,745,047
6.7
697,606,943
+
1.2
13,161,099,557
10,991-,714,233
—
(287,288,858
3.3
6,376,415,498
4,729,658,282
—
786(345,436
14,251,646,889
14,082,048,584'
7,052,048,812
Outside New York City
1946
$
500,223,376
7,003,984,924
907,585,208
6,818,735,352
T- 'v.!'-,
1947
3.3
390,079,262 562,791,159
733,974,968
Ill cities
—
—
436,063,408
284,594,204;,
.____-_____10
or
Dec: %
,
.
7,277,767,940
••
16
i,
's
7,681,108,139
"
10
;
Total
tiv;-
$12,509,257,201 $13,027,119,975
!
;
Dallas
I:
.fc
week_
for
862,339,823
ma¬
556,301,272
;
Louis
12th San
3;e
—
1949
538,018,109
n
9th Minneapolis ;
10th Kansas
City '
6.5
—
Philadelphia
5th Richmond
! 6th Atlanta
"
2,600,565,505~
12
;
1 7th Chicago
2.7
—
Reserve Districts:
$
—12 cities
York
4th
—13.3
—17.6 '
204 ,232,851
summary by Federal
•
Boston
3rd
—14.1
$9,382,097,792
days.
I
i
5.3
283 ,460,615
$9,130,555,947
five
a
Reserve'Districts
2nd New
i
cities
Other
•-i-
100,000
:.;<V 207,344,199
*
Federal
1st
315 ,538,180
260,004,150
...
3.4
9.5
—
300 583,000
-
245,670,067
__J
Baltimore
Ten
270
furnish
Week Ended Oct. 8—
3.4
280 371,231
255,900,000
-
4
404, 902,958
-
we
and in the
SUMMARY OF BANK CLEARINGS
13.4
+
820 000,000
391,083,935
__
Cleveland '
,
253,776,490
-
,
City
Louis
-
848,000,000
1
•
__
Kansas
following
3.0
—
614, 119,916
-
In the
Cent
$5,888, 789,041
696,673,026
Philadelphia
Boston
1948
$5,713,903,080
drop of
12.2%; in the Dallas Reserve District of 0.9%
San Francisco Reserve District
of 6.7%.
the
group
the
Philadelphia Reserve District of 0.5%. The Richmond
Reserve District has to its credit a
gain of 3.5%, but the
Cleveland Reserve District suffers a loss of
7.3% and the
Atlanta Reserve District of 7.9%. The
Chicago Reserve
District has managed to increase its totals
by 1.3% and
the St. Louis Reserve District
by 5.2% but the Minne¬
apolis Reserve District falls behind'
by 8.5%. - In the
Kansas City Reserve District the totals show
a
statement, however, which
Oct. 8.
in
and
has to be estimated.
cases
43
cities according to the Federal Reserve
Districts in which
they are located and from this it appears that in
the
New York District
(including this city) the totals register
an improvement of
5.5% but in the Boston Reserve Dis¬
trict the totals record a
falling off of 3.3%
by
week.
further below we are able to give the final
complete results for the week previous — the week
and
'At
1948.
16ss for the week ended
a
last
$12,509,257,201
at
next
able at time of
States
(1531)
CLEARINGS
covered
them
from which it is possible to obtain
weekly clearings will
year.
CHRONICLE
today; inasmuch as the week
Saturday' and the Saturday figures are not avail-"
going to press. Accordingly, in the above
ends
the country, indicate that for the week ended Saturday,
Oct.
&
Complete and exact details for the week
the
foregoing will appear in our issue of
telegraphic advices from the chief cities of
upon
COMMERCIAL
—
t
177,350.305
-
493,050,955-
Our usual
monthly detailed statement of transactions1 1. We .also furnish
tod&y a summary of the' clearings for
Exchange is appended.1 The re-> the nibnth of September. For that month
there was a de¬
sults for September4 and * the nine months Of
19.49 and i crease for the entire body of
clearing houses of 3.7%; the'
1948 follow:
1949 aggregate of
clearings having been $62,627,924,171
Description—
—Month ot September—
; Stdcks—
Number of
Reserve District suffers a loss of
9.9% and the"
Atlanta Reserve District of 3.8%.- In the
Chicago Re¬
serve District the' totals are smaller
',1949
fshs._
;
1949
1948 :
>
aggregate $65,023,177,484. In the New YorkReserve-District the totals show a
falling off of 1.7%;
in the BSstoh Reserve District of
4.3% and in the Phila¬
1948
23,837,155^
17,563,530
176,775,404
$47;i69,00d2
Railroad & Misc.
Internat'l Bank_
$56,869,900
95.00Q.
$510,129,100
862,000.
5,679,000;
68,791,770
^
Foreign
govt.-
17,000
225,503,422
8,166.000
U. 8. government
Total- bonds
>
-
61,000
258,000
:•
$719,452,800
461,000
.
Monthof
•
September—
Federal Reserve
1st Boston
•
$788,646,980"
2nd
The volume of transactions in share
properties on the-
5tfc
1949
1948
No. Shares
No. Shares
20,217,606
23,556,803
23,757,877
19,336,900
51,510,197
17,179,755
1st
Quarter
16,801,286
21,135,600
—
22.992.575
1946
30,483,608,708
16
"
3,859,065,494
3,567,252,061
"
1,991,846,236
60,011.467
34,612,565
20,619,550
42,769,258
20,615,786
30,922,212
17,482,740
5,720,239,403
2,058,115,590
7
"
16
"
15
"
2,541,410,445 1
11
"
2,262,032,783
__19
"
._
City
12th
21,716,872
San
Francisco
1,791,340,037;
30,409,809
17.767,357
2,744,087,209
"
10th Kansas
31,426,715
18,179,374
"
11th Dallas
667651,580 111.266,707
19,313,984
16
30
Louis
" 'Total
/
'(
or
55,260,715 108,304,035
.
Six1 Months
July
18,751,895
21,785,250
August
September
3rd
Months
The
83,553,396
25,472,787
33,203,810,608
We append another table
5.8
3,679,958,182
9.9
0.7
3,454,636,147
1,835,099,988
3.8
2,533,441,002
1.5
2.9
5,450,157,988
1,908,139,112
—10.8
1,840,466,152
9.0
2,513,517,106
2,001,027,261
—
—
—
—
—
-
5.4
8.1-
57,187,920
16,017,170
55,643,415
43,450.216
84,852,398
1st
2n<T-New
176,775,404 225,503,422 181,013,071 279,672,501
course
of bank
3rd
3,309,922,306
'3.7
60,851,345,965
31,760,729,627
t
.<
BANK
(000,000
,
.
1949
i
1948
$
.
York
New
Chicago
-
■
2,971
__
1,812
3,656
____
1947
1946
$
$
$..._,
29,424
_
Boston
Phila.
>
w+L, 113
Pittsburgh1,208
1,194
1,099
1,003
1,334
1,183
San
1,785
1,622
Fran._
1,619
913
$
$
-
914
10,661
9,257
11.481
9,991
1,535
14,362
15,455
14,232
860
750
7,988
8,133
671
588
6,349
11,262
6,805
6,047
1,047
12,670
11,242
Outside
1,251
1,298
1,089
11,423
12,390
10,802
9,085
970
9,460
10,309
8,846
Orl'ns
530
554
"
24,551,624,202
30
"
50,626,491,271
11
7,406 :
4,521
4,167
3,987
1,653
1,477
1,276
14,667
14,848
12,881
11,034
508
439
380
4,466
4,506
3.951
496
379
4,323
4,604
4,265
3,409 ;
Providence!
108
110":
102
97
940
1,013
932
Milwaukee-
258
251-
229
192
2,296
2,294
342
362
352
308
3,030
3,219
1,982
2,988
1,720 i
Buffalo
408"
351
485
420
361
222
227"
198
164
Richmond
>
285
460
Indian'polis'
421
3,358
643 K
i
634
__
433
393 *
—-
509
542
558
306
509
395
+
Salt Lake C.
236
253'
Hartford
116
105
Tot.27cities 54,042
Other cities
Total
Out.
all
—
y-:
-97
-
8,974 " 7,792
65,023
60,851
add
now
our
-
3,290
2,840
2,359 •'
3,962
3,498
3,051
2,018:
1,788
1,486;
4,724
4,255
3,787 1
3,200
2,894
2,383
4,301
4,601
173
2,062
2,091
87
989
956
-
6,458
"75,903
55,628 560,631
N.Y.C. 33,203 35,148 31,760 27,359 294,122
We
2,482
3,782
56,849 53,059 49,170 484,728
8,585
62,627
217
•
845'
4,719
3,311
543
348
'
Seattle
following compilation
3,853
£.
1,404
•—891
779-
469,655 455,401
77,386
65,682
$
January
February
Mass.—Boston."
583,398 535,337 511,175:
1948
Y
Total, 1st Quarter
New Bedford
—
—.
Total (14'Cities)
—
—
—
280,778,134,621
33,078,940,538
30,740,505,780
5.1
29,894,489,407
26,360,897,892,
0.2
14,934,508,752 "
22,320,593,737
47,713,228,884"
16,278,501,985 *.
13,148,973,049 "
21,381,155,279' "
0.4
4.4'
2.7
5.3
7.8
;
13,555,061,084
19,911,371,626
41,041,194,806
14,062,512,5671
10,944,317,328
17,632,370,026
13,650,381,615
2.3
16,427,300,101*
6.2
26,885,215,090
3.9
535,337,764,131
511,175,164,016 "
4.1
271,080,892,773
238,185,979,463 '
19,194,792 '"
1,914,206,015;*:
8,004,248'
7,988,155^
4,316,598
4,092,600
—
66,698,329,329
23,909,936,822
.
.32,636,033
22,232,038
57,470,663,632
V
61,328,509,538
188,063,555,453
390,518,647,681
Months
6
July
60,116,443,954
August
61,332,548,193
4.6":
3.6''.
—
62,188,339.063
62,627,924,171
;
—
65,023,177,484
Total 3rd
9
Quarter
184,076,916,318
192,879,985,298
560,631,616,965
Months
583,398,632,979
■
—
—
or
1949
"116,561,343
—
—
105,269,437"
5.8
5.3"
"
+
+
—
0.2
66,828,806'
72,446,226"
36,503,976
39,199,393
9.5
33,338,997
32,757,495
1.3
1.4
+ 10.7
-
46,715,957,
11,504,800.*
11,126,500"
5,495,515 *
2,203,363,435
110,263,600'
::
5,972,265"
2,301,120,288 f-
—
8.9
+
3.4
—
—
—
72,551,272
172,254,029.
17,480,472,524;
9.9
3.0
2.0
8.0
4.3
Inc. or
.
68,335,286
287,879,980-
73,597,974
•
297,002,375'
210,263,649'
,989.087,783;
956,778,859s
-
199,530,468
412,807,628 ;*;
106,330,700;
940.301,000'
52,257,695
20,283,506,518'
430,194,412:
107,458,800-'
3,013,786,600;
55,576,673
21,014,340,281;
32,597,114,173-
>.
;
35,448,835,893
197,339,640,533
202,693,016,371
30;961,385,266
1.4'
+ "■
32,617,197,751
33,203,810,608
3.7 '
4.6"
96,782,393,625
3.9
34,837,902,34433,940,101,695
35,148,032;681'
Inc.
or
Dec. %
—
—
—
—
—
3.5 r
0.7
0.6
:
1.2
!
4.4:-
—
2.2
—
5.1
—
—
4.0
2.6
—HI
^
—
—
3.9'
5.52
103,926,036,^2^
—*6.d
306,619,053,091
<
294,122,034,158
—'
4.1-'
years:
1949
Dec. %
64,fe52,099
33,839,268,189
-
-Weak Ended October 8
1948
155,113,7031
16,870,638,397
100,807,798,116
101,885,218,255
Sept. 30-
$
2.0
-
97,767,836,423
8.5';
—
—
29,923,848,922
35,336,817,667
33,626,823,708
■
—
65,667,968,751
,
31,894,721,758
.
4.5;'-
35,547,131,527
32,246,290,957
.
1.2 ".
—
197,169,769,556
376,554,700,647
+
r.
$•
r
99,571,804,110
7.9*
—
—
;•<:
2.5
—
69,422,367,362
Total, 2nd Quarter
2.5
—
62,064,219,618
66,267,522,393
2.4
—
69,179,885,164
*
Total,
+
22,924,127
1948
$
34,301,881,896
29,710,132,367
35,559,789,847
2.7
—
65,683,182,576
May
—
7,940,174
33,103,437 r:,
108,099,900
—
Dec. %
60,467,523,522
Dec. %
42,573,561:
—
1949''
Inc. or
$
193,348,878,125
June
8,474,035i
"
—
R. I.—Providence
.41
v-
_________
N. H-—Manchester
—
18,588,379.849
273,309,657,615
4.8
Clearings Outside New York
1948
188,491,145,194
April
Inc.
$
■
4,481,574
8,043,125
Lowell
New Haven
—
—
19,965,199,694
3.7
Clearings, Total All
56,098,307,679
-Jan; 1 to
3,887,775
Waterbury
—
24,177,755,090
Nine Months
3.5
showing the figures for each City for the month of September and the week ended Oct. 8 for four
1,812,982,124"*"
Conn.—Hartford
1946
$
the clearings by months since Jan. 1, 1949 and 1948.
67,473,571,210
Total
18,089,525"
'
covers
64,919.266,305
September
8,304,420
—
>■
Worcester..
—
55,774]
306,619~271,080~ 238,185
1949
Springfield
+
—
-
years:
1947
..
District—Bosto-n
Me.—Bangor
—
306,619,053,091
$
-
3,420
1,728
-
506,012
detailed statement
Clearings at—
Reserve
—
583,398,632,979
1949
-Month of September-
First Federal
560,631,616,965
—
20,193,252,467
31,490,764,655
294,122,034,158 '
March
2,027
V
'
Memphis
29,543,694,859
City
3,390
539
1
"
183 cities
New York
r"1" •-
n
MONTHLY CLEARINGS
500
___
"
22,289,424,172
19,732,203,543
19
Months—
488
Denver
14,471,185,484
5,180
1,690
St.' Paul
18,063,975,784
"
"
7
6,756
•
Louisville.J
___
"
15
—
466 & 4,688
473
7,322
Omaha
—
32,612,315,249
—
__16
;
City
Francisco
The
9,304
1,374
16,562,377,165
16
;
Total
13,236
1,319
1,440
"
Dallas
12th San
9,526
758
1,255
Detroit.
11th
*•
287,041,666,505
37,116,263,636
34,355,970,427
16,526,573,919
24,657,253,707
52,970,426,265
18,569,828,850
15,284,537,177
Louis
Kansas
27,359,938,443
■
8,149
1,084
10,087
11,242
1,432
1,161
_
Mihheapoirs
New
1946
$
705
City
Cleveland
1947
$
35,328,445,876
"
Minneapolis
55,628,354,347
"
Nihe Months "
21,014,340,281
276,566,372,842
8
Chicago
9th
1948
1,258
_
CincinnatiKansas
Atlanta
20,283,506,518
"
17
•
St.
Dec. %
"
;
7th
10th
1949
V
Richmond
8th
!
>
■
29,875 29,090 28,268 266,509 276,779 264,256 272,989
3,107
3,017
2,522
26,699
28,725
26,489
23,149
1,914
1,885
17.480
1,767
16,870
16,786
15,726
3,881
3,498
3,135
33,513
29,359
35,277
31,472
St.. Louis
Baltimore
•
CLEARINGS AT LEADING CITIES IN SEPTEMBER
Month of September
Jan. 1 to Sept. 30
:
omitted)
"
Inc. or
$
Nine Months
16
Cleveland
6th
of September and the nine months ended with
September in each of the four years is shown below.
.
——11 im
14
;
Philadelphia
5th
month
14 cities
York'_
1,401,474,980
2,000,925,138
1,588,422,227
2,817,349,340
5.5
—
1948
Nine Months
:
4th
clearings at leading cities for the
Districts
Boston
1,706,050,374?f
showing clearings by: Federal Reserve Districts id the nine months for four
$
federal Reserve
San
1946
35,148,032,681
1949
20,807,082
9.0%,1
the
2,095,077,394
29,155,504,197
3,298,336,680
3,000,146,857
1,644,732,397
2,289,318,816
4,571,015,947
.
+
65,023,177,484
20,595,100
14,153,458
17,563,530
64,374,300
„r__
.
24,585,115
15,039,275
23,837,155
____
Quarter.
Nine
58,718,076
112,401,104 168,315,502 125,369,656 194,820,103
..w
of
and in
2,242,268,638
30,082,712,083
,
4.3
i
2nd Quarter
decrease
—
3,707,153,470
62,627,924,171
Outside New York City
Min¬
In the Kansas City\
a
—
2,791,365,560
V 2,390,635,303
3,405,562,720'
183 cities
the !
in
the
—1.7
3,959,490,319
1,977,438,873
2,853,236,146
5,805,585,570
2,118,791,653
2,008,022,044
Minneapolis
record
in
1947
—
4,098,003,940
"
8
Chicago
8th St.
34,092,745
25,663,765
57,140,389
April
"
Atlanta
9th
totals
1.5%,
and
Dec. %
7th
No. Shares
18,825,034
1947
Inc.
2,301,120,288
31,012,334,318
__17
"
2.9%
Reserve District of 5.4%
,
14
Richmond i
by
Francisco Reserve District of 8.1%;
2,203,363,435
6th
No. Shares
March;
Philadelphia
York
District
District the
1948
$
14 cities
Reserve
in the Ddllas
1949
Districts
4th Cleveland
1946 to 1949 is indicated in the
following:
January
February
New
3rd
•
Ne\y York Stock Exchange for the first nine months of;
Months—
Reserve
District has to its credit
64,443,680 f
1,048,500
_
Louis
neapolis Reserve District by 10.8%.
delphia Reserve District of 5.8%. The Richmond Reserve
a gain of
0.7%, but the Cleve-
_
3,702,000
$55,413,000- $62,901,900 * $580,243,870 '
__
by
St.
and the 1948
-Nine Months——
Bonds-
!
land
the: Ne\y York Stock
on
—11.0
.
vl
—10.0.
—
,
3.5
—
1947
Dec. %
$
3,494,725;
—-37.2
2,089,605
6,759,051
—18.0
4,758,736
4,400,087
3.8
421.857,731
338,833,158
7.1
1,869,592
1,885,676
~906~67l,
~6~42~992
464,050,834:
1,774,318
1,910,619
1.8
1,026,541
1.293,025
—
—
!
7.1
1,997,301
9,246,075""
5.1
5,556,881;
+
3.4
25,527,361'
—
4.0
11,952,398'
—
; $
1,885,837"
2,194,7901
3.1:
—
—
1946
5,540,933
6.9
+
Inc. or
$
.446,291,851'
7.8
—
1948
$
-
—20.6
2,071,849
'I
—
7,621,897!
5,811,322 ;
•24,894,544'
11,829,018"
3.6
21.3
+
2,117,376"v
1,"502J39
7,155,040"
5,521,7081
+
4.4
5,130,932
2.5
—
21,832,114
1.0
+
9,401,156
0.7
21,741~600
3,901,868'
15,012,155'
6,660,141
■
—
—
—
—
1.0.
7.2
6.0
3.5
-
■
..
..
;
25,242,300 T
1,667,360".
538.018,109 f
„
s-
1
25,072,300 '
1,492,088 »"
556,301,272
■
+
+11.7
—
3.3
1,362,823
500,223,376-
I9,¥l4~500:
857,450'*
400',417,711!
U '
-Jan. 1 to
Month of September
1949
Clearings at—
$
Reserve District—New York—
Second Federal
...
—
-
-
Buffalo
Klmira.™
6,873,062
-
New York—
Rochester
Syracuse
Newark
Northern N.J
Oranges
Total
(14
Third
Federal
cities)
4,881,791
4,021,297
5,207,036
20,913,438
13,639,141
3,905,417
5,735,809
1,785.213
3.7
7,432,911,537
2.9
21,167,478
1,886,420
7,029.993,772
19,831,342
12,734,327
12,479,463
14,090,136
14,041,676
69,064.477
76.048,372
1.5
266.509,582,807
276,779,579,888
—
3.2
739,978,301
762.076.804
4.3
492,513,898
513,708,731
0.8
103,066,290
103,665,743
494,150,452
501,161.424
—
$
29,471,137
1,'645,262,249
1,386,338,739
2,036,005,440 SV
9.7
64,953,761
65,295,196
1.7
273,566,372,842
287,041,666,505
—
5.4
4.6
—
50,176,719
+ 15.3
1,549,869
1,034,889
5.4
1,703,633
1,310,495
+
5.7
6,784,684,059
6,262,055,951
+
6.7
17,330,055
12,276.877
6,890,520
—
'
+
V
2.0
10,414,160
+
0.3
11,685,702
9,862,319
775.577
+
3.7
42.010,272
+
3.0
35,795.925:
26.057,403
46,957,591
49,372,623
4.9
45,347,824
20,284,865
7,003,934,924
6,411,025,278
—
7,277,767,340
7,681,103,139
"
530.333
650,885
'
; !•
■i
3.7
—
2,255,905
69,613,059
804,643
0.5
—
8,058,402
2,320,916
4.4
44,214,885
.
i.
7.4
—
21,388,737
+ 18.2
—
i.»
1.4
'—
27,877,706
vV
0.6
—
1,568,814,560
—
4.1
—
—
—13.0
3,656,000,000
11,081,473
—11.3
w;
Norristown
—
—
Philadelphia
———
Reading
4,910,048
11,487,327
—
.
Hazleton—
N. J.—Trenton
—,
+
5.5
Reserve
Federal
Ohio—Canton
District—Cleveland—
Newark
18,838,102
79,131,171 i
.
OH City
1,208,671,162
Ky.—Lexington
13,901,635
14,879,829
2,949,729
4,861,958
2.735,285
+
7.8
2,860,112
1,904,117
1.2
4,315,833
+ 12.7
4,618,728
3,014.633
4.6
97,829,852
95,646,789
2.3
2,696,470
2,435,853
+ 10.7
2,533,904
1,718,110
153,480,146
166,336,078
7.7
3,736,209
3,367,707
3,817,976
2,692,506
11,5^60,643
11,907,269
2.9
6.3
54,054,315
54,922,514
1.6
344,446,450
351,304,849
2.0
11,261,913
9,939,569
+ 13.3
7,324,366
312.628,063
291,176.896
7.4
8,947,157
5,811,442
+ 54.0
6,863,564
6,490,282
5.8
35,328,445,876
37,116,263,636
4.8
933,993,699
939,130,951
0.5
829,243,036
641,280,380
272,703,209
264,050,019
6,349,552,532
—
—
3.4
-
v
1,262,280,700
1,338,531,400
9.9
62,135,409
63,643,181
5.1
40,257,541
37,329,198
v
5.1
172,458,998
7
—
-
.
"•
6,569,590
161,665,982
660,326,200
1.5
;
23.432,364
'.i
9.7
17,304.375
9.5
11,242,867,193
7.2
187,568,912
163,177,718
—17.6
159,249.415
144,325.044
—12.0
4,172,500
3,347,983
+ 11.2
5,494,331
6,253,913
265,183,343
291,934,149
—
9.2
258,401,029
175,237,377
742,570,201
801,280,461
—
7.3
714,517,327
492,112;741
+
9.9
32,612,315,243
34,355,970,427
5.7
+
159,702,933
—
17,494,300
5,111,398
165,526,075
7.4
27,388.200
6,333,591
183.590,159
—
0.1
96,574,254
4,499,600
195,852,083
—11.4
188,786,617
7,044,742
11,481,145,293
—
—
4,418,292
151,318,597
261,050,937
5.2
—
16.741,423
—
32,827,500
6,691,733
2.0
7.8
—
23,212,440
—
32,784,400
1.2
9.7
6.7
624,875,812
—
—
—
ffki +15.0
170,507,607
9.9
295,095,905
2.4
—
+
241,850,153
6.9
—
163,378,081
266,382,477
5.7
—
f
6,599,837
160,157,154
7.8
—
:
6,518,435
6.7
—
184,798,061
278,204,319
3.2
—
6,805,791,818
12,390,169,577
+
3,959,490,319
,
7.0
11,423,458,523
—
16,061,212
0.9
3.4
+
2.1
—
4.2
—
"7—11.1.
3.8
—
0.6
—
5.1
—
District—Richmond—
48,682,000
C.—Charleston
33,743,842
Frederick
35,834,955
4,813,451
4,501,321
C.—Washington
—
—
+
1,991,846,286
7
■
*
1.7
ft
2,615,587
3,170,404
10.453,000
133,940,421
138,211,539
1.2
_
11,919,000
0.1
+
—
3.554,278
3,738,907
216,430,250
209,004,099
5.8
288,951,531
269,094,442
0.1
7,988,779,529
8,133,485,731
1.8
6.9
39.495,680
39,547,475
.
0.1
1,977,438,873
I
1,776,572
2,300,224
+ 14.0
11,564,000
8,065,000
3.1
122,056,123
109,855.209
1
1
4,000,644
3,743,163
J
132,645,841
145,694,910
—
4.9
•
-
1
—
+
3.6
'J' V:
2,854,009,905
2,686,273,752
+
6.2
82,899,388
71,485,459
0.7
16,562,377,165
16,526,573,919
+
0.2
451,358,924
436,063,403
+
—17.5
—
7.4
+
+ 11.4
298,873,990
332,922,351
Total (8 cities)
130,144,861
131,700.026
7.9
_
433,349.000
4,724.241,313
—
914,353,755
«
108.882,180
440.825,000
4,719,881,845
—15.2
15,766,653
913,761,573
Columbia—-
Md.—Baltimore.,
100.288.814
1.1
2.2
+
648,506,109
13,369,215
Richmond
48,159,000
634,322,200
"Va.—Norfolk
—10.6
11,443.090
10,231,654
W. Va.—Huntington
Federal Reserve
902,000,000
198,228,019
+ 15.1
16,879,893
W. Va.—Wheeling
Federal Reserve
892,000,000
5.1
195,828,341
—
20,813,924
3,567,252,061
5.0
1.5
—
22,280,562
18,432,687
Total (17 cities)
614,000,000
4.0
—14.7
1,334,847,771
...
794,000,000
2.6
55,853,234
—
1,887,000
20,685,079
r;";:
Pittsburgh
Erie
i.4
1.1
37,633,487
36,668.977
'
5.8
—12.9
2,639,679
1,704,444
:V
2,Yl5~390
35,277,000,000
115,498,091
8.2
—10.7
27,056,354
*2,600,000
County—
3,645,289
53,622,165
—
71,976,555
Greensburg—
735,933
2.5
—
33,512,000,000
109,580,558
—
20,231,052
Toledo—
3,877,330
+ 11.8
4,574,149
.
3,780,836
—12.2
21,104,327
-
2.6
■
160,028,100
4,340,335
20,038,149
31,130,297
,
127,665,393
812,181
+
—11.8
1,440.744,484
Youngstown
Lorain—
Mansfield
124,359,745
—
7,332,933
..
8.3
1,027,563
1,167,203
1,054,293
—14.8
—15.7
32,697,905
6,606,303
Hamilton
4.2
—
758,334.419
136,516,500 ;.i
Columbus
201,433,693
1,357,601
1.2
—13.6
•n'
ftp ft:.-:
1,255,395,487
Cleveland
192,909,975
—
4,098,003,940
29,196,892
705,183,989-]
—
Cincinnati-.
1.7
1,498,683
1,276,957
—16.1
28,484,720
3,859,065,494
Total (16 cities)
1,343,353
—
6,725,058
49,803,741
43,723,053
31,837,865
Del.—Wilmington
1,305,841
1,160.464
—10.7
1,394,858
6,299,758
1,322,006
5.9
—
12,040,715
■—
2.0
45.525,343
—
20,907,971
1,229,662
DuBois
2.9
41,055.107
42,829,072
—
6,246,282
17,633,324
Wilkes-Birre
45,076.369
41,895,851
4.9
—
4,373,538
21,469,103
Scranton
43,751,723
—18.1
3,881,000,000
13,208,303
21,786,595
;
Lebanon,
Sixth
9.2
6.2
—11.9
14,869,136
Harrisburg
Lancaster
D.
1,561,438
+
—14.0
21,275,624
8.
1,800,772
—
+
5,475,969
Fifth
0.1
62,553,204
+
5,501,382
Bethlehem
Fa.—Beaver
1946
Reserve District—Philadelphia—
Chester
Fourth
77.819.265
—23.2
31,012,334,318
Fa.—Altoona
York
2,737,121
74,406,435
—
.
+ 10.9
24.352,963
3,235,590
5.9
62.608,899
7.3"
26,999,532
5.4
5.5
—
7,206,014
30,433,608,708
-
$
23.3
114,194,430
3,219,810,184
—
11,828,346
62,949,945
3,305,860
183,248,585
242,077,341
.
1947
Dec. %
+
120,375,790
—
54,817,170
6,509,575
ft. J.—Montclair
Inc. or
$
+
1,132,833,698
1,396,592,193
3,030,454,909
+
29,875,144.803
83,247,061
11,920,602
43,370,432
2,911,703
157,610,981
210,687,847
Conn.—Stamford
:
5.7
+
-V.
57,183,183
-
Utica.
1948
1949
Dec %
—
8,758,913
8,213,592
29,424,113,563
80,612,111
Jamestown
+ 15.6
96,180,334
13,717,480
362,979,354
7,250,731
Binghamton
.
'
111,203,874
14,713,103
342,307,351
tl. Y.—Albany.
-Week Ended October 8-
$
Inc or
1948
$
,
Dec. %
Monday, October 17, 1949
Sept. 30
1949
Inc. or
1948
,
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(1532)
l\
-Ww.*
+ 16 0
67,012,430
61.514,190
+
3.5
390,079,262
330,649,049
+
9.8
+
|
District—Atlanta—
Tenn.—Knoxville
613 749.829
641, 683,340
2,554. 320,369
2,589, 620,238
6.6
8,420, 600,000
8,660, 000,000
21,706,945
—15.2
161 ,104,594
159, 021,485
—
288,310,980
288,156,122
+
939,800,000
1,006,100,000
—
18,402,700
Augusta
2.5
0.1
68,443,568
66,753,429
Nashville
Ga.—Atlanta
16,475,545
0
'
Tampa—
Ala.—Birmingham.
145, 450,206
1.5
131. 556,705
4.2
420,743,053
25,992,785
27,448,133
Montgomery
16,336,947
17,775,312
17,579,000
18,180,000
Miss.—Hattiesburg
Jackson
33,160,003
5,902,056
1,865,362
530,817,312
2,744,087,209
142,
—20.5
304, 511,038
5.0
47. 727.088
53, 082,126
—13.7
554,367,876
2,853,236,146
Total (16 cities)
144, 535,000
16. 142,417
17, 042,024
4.2
4,688 161,586
4,521, 235,779
3.8
24,551,624,202
24,657,253,707
—
—
—
,...
1.3
5,529,747
4,405,560
+ 25.5
4,618,197
3,217,601
2.4
3?75~7~887
3,753,454
—"o~.i
0.6
70,891,699
67,029,582
49,322,541
3.0
947755.041
—12.2
135, 728,578
3.3
57,193,799
161,600.000
6,957,796
+
270, 947,715
130 966,711
62,770,139
199,600,000
—
3,449, 561,949
237 787,751
—
2,161,874
La.—New Orleans
3,552, 195,975
5.3
4.2
—22.6
—
220, 702,363
8.1
—
6,209,923
Vlcksburg
3.3
—
41,699,699
Meridian
3,155 ,449,955
247, 364,978
+
407,486,241
Mobile
6.1
12,943.987
14,509,517
66,837,874
283,800,000
—10.1
3,173 040,168
+
—
14,812,509
69,642,235
223,400,000
+
134, 749,918
336,544,076
22,070,871
16,262,527
1.4
2.8
—
161, 833,235
—
23,417,258
Fla.—Jacksonville—.
—11.6
16,241,356
322,530,696
Macon
18,639,150
*16,000,000
Columbus
4.4
—
—
+
89,519,866
+
~5.8
987l3~4,60l
70,166,417
6,563,872
+
6.0
7,187,403
6,165.934
3.5
1.6
+
326, 701,789
5.8
12.1
—
243,000
2,~506~982
+
3/70L946
64,090,059
6.8
—
—10.1
5.3
—
595,290
127,914,536
130,195,673
—
0.4
+
542,456
3.7
—
619,653,924
673,118,680
—
—
8.9
651,863
414,373
2.2
107,527,434
96,344,181
7.9
562,791,159
459,875,815
y
Seventh
Federal
District—Chicago—
Reserve
Mich.—Ann Arbor
5,730,660
Grand Rapids
14,848,820,543
147,109,777
149,326,442
—10.3
—
—
55,701,818
206,570.060
10,698,586
—18.0
83,856.525
7,924,101
+ 11.2
73,068,802
65,317.463
21,490,248
25,451,218
—15.6
204,515,608
238,419,742
50,240,769
50,517,681
0.5
455,062,988
434,350,248
+
227,910,041
2.2
2,027,037,133
2,018,786,369
+
0.4
260,554,700
254,251,068
8,777,938
Bay City
8,809,989
8outh Bend
30,445,315
Terre Haute
-
17,565,705
>
Milwaukee.
—
—
—
17,990,685
+
t
-
■
—
—
28,749,648
;V
•
til,284,153
<
258,598,928
3,986,227
1102,943,094
7,940,214
1,274,948
Manitowoc..
Des Moines
142,309,842
Ames
5,097,319
;
Peoria
45,810,956
70,201,997
—
—
9,022,155
STissiiH
4,499~151
V
-
5,555,727
3,804,199
■
5.0
46,482,000
30,478,000
(I
+ 22.7
5,811,798
4,257,906
I
+
13,054,104
-r-
+
0.6
+
t
3.7
58,174,597
>
V
12.638.783
58,530,550
36,972.118
51,328,327
—28.0
+20.2
1,084,545,241
0.9
515.974.330
528,397.323
+ 88.2
22,367,132
18.087,151
—23.9
50,682,611
55,960,949
3.8
43,058,149
47,134,859
4.4
26,699,479,249
28,725,847,106
7.2
119,958,777
6.7
123,290,058
406,831,767
439,109,797
7.6
184,165,715
193.115.617
3.6
129,656,833
139,245,658
3.3
15,712,005
16,372,746
1.5
50,626,491,271
52,970,426,265
v
+
—
—
•
+
49,105,074
—
20,807,967
15,673,547
1,682,630
5,805,585,570
—
—
+
—
3.7
5.6
4,226,543
3,998,046
5.7
3,867,079
3,171,745
+
0.6
36,453,728
29,086,162
+ 25.3
26,777,374
22,532,549-
—
2.4
15,524,270
13,455,661
+ 15.4
14,285,585
10,522,956
—
...
+23.7
9.4
-.
—
—
+
—
—
—
—
—
1,252,501
879,774
690,342,365
472.657.401
5,562,963
'
6.3
3,972,383
16,850,591
7,831,252
1
0.2
;> 4,538,642
+ 64.5
8.6
1,753,673
1,065,738
7.1
687,674,503
7,405,816
695,548,523
2.8
7.3
12,029,629
"11,321,227
+
4.6
4,862,944
4,851.567
+
4,349,245,
+ 14.0
3,906,236
2,305,275.
1.3
892,713,432
620,068,235
1.3
234,300,000
197,500,003
6.9
:
-
4,956,784-
4,399,722
.*
-
1.1
+ 68.3
-
.
3,487,378
1,113,615.774
1,194,118,708
6.7
10,087.739.356
10,661.695.162
11.242.090
10,876,276
+
3.4
98,853,919
98.082,631
1,505.970
1,499,480
+
0.4
14,131,247
Ky.—Louisville
13,999,663
488,066,867
508,749,867
Tenn.—Memphis
433,621,503
393,974,405
1.758,181
1,805,267
8,305,205
7,767,650
independence
EI.—Jacksonville
Quincy.
Total (7
cities).
2,053,il5,590
'
t-
JJ
4
_
,
'
—
4.1
4,466,584.133
4,506,041,344
+ 10.1
3,311,540.580
3,200,105.932
—
2.6
14,896,828
15,745,963
+
6.9
70,229,721
74,158,155
—
2.9
—
2,118,791,653
..
■
18,063,975,784-
18,569,828,850
—
+
4.4
919,405,130
907,535,208
5.4
276,700,000
280.300,000
0.9
109,153,742
10*3,283.075
+
0.3
101,789,075
72,305,493
3.5
136,446,563,
108,401,938
+ 25.9
112,740,377
98,556,621
+
'<
—
—
0.8
0.9
+
+
—
—
—
,,
4.0
Cighth Federal Reserve District—St. LouisCape Girardeau
!
—10.0
5,720,239,403
Mo.—St Louis
I
t
0.7
33,082,079
14,683,678
V
6,223,134
—16.3
4.6
143,829,990
1,733,501
cities)
41.043,322
69,699.917
0.1
11,379,881
15,109,424
(30
39,157,777
1.3
+
23,809,545
135,785,254
1,090,975,130
19,231,823
8pringfield
Sterling
8.2
5,877,366
53,564.000
7,638,139
2.5
0.8
3,107,725.016
15,741,583
4,921,788
56,248,000
t2.942.520
2,294.151,875
+
5,298,363
2,971,877,232
Rockford—
2,296,537,186
+
58,393.642
3,650,238
Decatur
i7l~5L241
~0~6
0.1
—22.7
118,362,076
5,409,146 '
Bloomington
Chicago
+
—
1,940,099
-ftpi
58,944,009
m.—Aurora
~8.3
11.9
7,110,821
15,124,158
Sioux City.;
+
—14.2
167,482,589
2.9
+
—
—13.0
t
167,298,672
—
3,553,000
14,537,015
5.7
—
96,379,943
—
1,265,400
2,745,670
.
' •; 219,047,721
+
8,042,006
Watertown
>
2.4
•+—
4,342,921
Sheboygan
5.9
'.v
x
251,196,527
.
Oshkosh
Iowa—Cedar Rapids
47942,011
1,583,463
4.8
222,946,654
Muskegon
Wis.—Madison
9,350,682
47913,990
1,936,162
+ 55.0
1.2
401,648.888
55,049,198
22,287,781
Indianapolis
10,129,605
8.4
—
367,841,102
21,982,222
Gary
1,377,527
1.5
1.4
6,479,175
Ind.—Ft. Wayne
2,135,168
1.2
r.V—
9.9
46,182,019
6,329,802
Lansing
Total
14,667,759,985
7.0
2.3
41,616,954
Jackson
.
58.170.161
2.3
+
17,610,682
52,204.182
+
1,653,439,025
18,834,217
—12.8
6,575,146
1,690,869,712
Flint
Detroit
.5.4
5.3
2.7
27426,774
524,727,079;
17975,246
+
2~2~.9
498,960,259
+
5.2
450,801,200
I74~4o7696
1,971,748
_
_
J, 369,802,815
'<
I
Volume 17Q
THE
Number 4847
-Month of
Federal
Reserve
St. Paul———__
33.158,220
'•—20.7
231,621,668
249,648,291
—15.5
9,460,161,p26
58,709,174
10.309,784,222
o:5
6,502,151
408,725,156
3,689,798
3,316,868
1,215,570
6,620,700
16,308,822
Sioux Falls
Huron—
3,358,133,759
Inc. or
1948
$
1947
1946
Dec. %
$
9,519,732
—26.9
249,550,495
—
5.3
37,818,000
274,814,606
38,444,000
+
8.8
43,388,460
43,299,287
—
23,132,032
3,175,222
.
8.0
130,195,047
6.3
205,977,074
136,614,735
223,189,714
27,015,270
—
25,304,341
-1;.8
+
8,414,542
3,685,115
170,314,298
~o~6
83,454,003
527128/769
8,848,946
—Xi
7,473,742
4,675,910
37706,160
—~0.6
4,083)262
2,675,974
4,400,482
2,842,61g
6,326.855
4.7
9.2
+
1.6
—
0.2
+
4.7
7.7
1
6.3
—
137,192,057
-1.
+
7.7
116,204,702
111,885,676
+
361,086,721
329,837,127
+
13.2
13,986,559
13,366,689
+
2,003,022,044
—rr.4
391,350,952
427,565,662
4.6
1,791,340,037
—T.3
ip"623625
9.5
2,248,373
47959,553
97413,500
3.9
+10.6
4,497,674
0.1
16,438,183
43,011,607
-
Helena.
Lewistown.
Total (16 cities).
967lTo",274
7,634,561
294,251,834
,
4.1
+
2,544,916
—
96652,156
2.1
—
17,706,474
47,550,646
Mont.—Billings—
•Great Falls
296,005,345
4.8
+
33,416,196
9,970,149
7,311,459
6,799,221
261,888,744
8.2
—
3,290,463,174
32,059,198
3.5
+
7.2
_
56,046,401
3.1
+
17,730,287
21,676,873
2,579,329
19,028,115
'
-
—10.1
43,997,104
4,723,000
6,087,753
4,745,000
—
.
S. D.—Aberdeen.
—
1,174,870
32,148,875
,
—
—
.
.
1,374,987,737
—
Grand Forks
1949
$
or
Dec, %
6
26,289,989
Fergus Falls—
N. D.—Fargo
45
-Week Ended October 8——
Inc.
1948
t
1,161,764.000
6,471,050
421,372,810
Minneapolis
Rochester—
Winona
(1533)
1 to Sept. 30-
1949
or
Dec. %
CHRONICLE
District—Minneapolis—
Minn.—Duluth.
Minot
Inc.
■•■.it
FINANCIAL
&
-Jan.
1943
'
$
Ninth
Septcmber-
1949
Clearings at—
COMMERCIAL
19,240,551
+
137,019,111
—10.8
14,471,185,484
15,284,537,177
5.3
In
9,726,148
411,024,032
8.5
T-
i72~3"37373
245,197,795
Tenth Federal Reserve District—Kansas City-
1,991,651
+
7.3
20,621,796
20,621,633
31,408,132
29,178,854
+
7.6
262,333,199
266,793,757
500,687,607
7.2
4,328,463,376
4,604,966,947
21.924,682
31,099,686
539,968,466
2,612,900
1,755,334
28,315,716
49,759,882
52,276,216
5,469,531
6,250,189
1,258,494,511
1,432,751,025
41,905,427
44,606,387
2,137,984
Neb .—Fremont—
Hastings—
Omaha—
2,515,389
1,376,975
^ans.—Manhattan..
1.
Parsons—
Topeka.
—.
Wichita..—
Mo.—Joplin.
Kansas City—
St. Joseph
1,507,605
1,514,408
134,847,029
11,071,327
460,118,973
2,541,410,445
899,763
553,725
660,771
+ 36.2
636,385
291,741
♦6,500,000
639,978
7,095,041
—13.5
1.7
8.4
7,289,722
—
6.0
115,783,358
123,879,307
6.5
119,949,127
4,824)424
78,693,134
+
1.4
(15 cities).
—
—
—
742,956
280,270
•
12,464,718
4.8
278,247,893
437,126,980
—12.5
51,622,742
505,975,870
54,761,868
—12.2
11,262,683,451
12,670,805,524
—
—
2,791,365,560
—.
Pueblo
22,226,764
9.8
+
9,428,124
Springs...
Denver
3.7
—21.6
485,861,128
9,010,387
Colo.—Colorado
—
143,967,338
Carthage
Okla.—Tulsa...—.
Total
0.1
+
.—
Lincoln
—
,
—
10,887,824
+
—
—
—
6.1
•
390,518,029
15,242,884
—18.2
251,505,220
+ 10.6
6,193,942
6,820,880
—13.6
12,633,604
11,974,717
—11.1
273,029,418
324,377,606
7.7
10,904,846
10,535,652
423,275,195
0.4
14,721,384
1,254,008,719
—
14,926,146
6.3
1,203,792,337
1.7
90,667,570
3,782)748,799
79,069,722
9.0
22,289,424,172
24,177,755,090
5,707,577
—15.8
289,772,790
242,391,910
3.5
11,400,623
7,317,243
+
1.4
+
3,962,161,631
80,968,752
6,853,601
12,048,666
5.5
+
,
8,666,821
—— —
4.2
—
81,931,674
5.3
4.4
9.2
—
5.7
—
———
-
2,288,353
2,104,551
430,891,560
1,426,026
1,805,043
l,283,97f
—42.2
490,640,440
1,865,906
4.7
452,364,810
350,883,124
2,009,283
7.8
—13.6
2,647,214
2.4
+ 10.7
4.5
—
+
—
——
+
Eleventh Federal Reserve District—Dallas-
31,990,398
Texas—Austin
30.270,019
18,245,895
Dallas—
+
1,092,738,581
El Paso.
89,697,317
,Ft. Worth-
98,808,312
0.2
149,537,443
269,890,455
158,560,696
5.8
8,997,570,195
9,218,050,937
—
122,260,895
24,532,000
896,481,942
5.7
+
18,210,423
1,028,981,740
Beaumont
24,422,000
Galveston—
Houston
Twelfth
—18.1
5,107,940
152,681,573
2,390,635,303
—
—
—
—16.9
277391,343
1.0
6,095,000
1.2
39,346,028
362,465,386
360,951,723
5.4
19,732,203,543
20,193,252,467
Seattle
5,807,201
542,227,268
5,661,236
509,645,465
...
Yakima
16,180,656
31,103,284
y
'
Ida.—Boise
0.9
4,225,930
3,709,000
97965,376
—"4.7
2,922,341
2,115,043
+
0.1
DJ^ioO
6^530/562
—
0.9
255,7^8.iQ47
177,350,30§
4.5
—11.2
107,228,040
4,648,449
72,401,490
3,643,01?
5.5
131,403,125
71,638,87ft
—~6.9
■527783793?
347l29".78ft
97955,757
2.3
284,594,204
287,288,858
6.5
118,815,498
3.3
3,810,153
124,439,809
4,291,641
136,962,057
144,925,616
52,326,782
56.206.044t
0.6
—
f
—
—
—
2.5
48,342,215
51,447,883
6.0
4,301,705,997
134,581,228
246,681,568
4,601,202,763
—14.5
18,926,849
29,662,937
+
4.9
6.0
—
—
139,128,623
—
201,551,317
9,235,000
;
Salt Lake City
Ariz.—Phoenix
10,918,000
—15.4
72,030,000
—10.8
5,307,383,130
82,676,000
5,823,352,783
—12.9
716,727,313
13,509,983
—12.2
89,159,764
105,458,991
—15.5
7.7
2,062,114,498
2,091,767,724
256,775,430
49,409,003
i
—
—22.6
63,795,275
5.6
216,691,824
+ 27.1
502,670,919
409,678,890
145,314,935
154,725,107
369,893,329
312,944,411
81,409,226
14,362,468,104
88,371,286
15,455,990,120
421,118,351
159,726,397
24,531,027
45,446,039
—
42,403,628
33,031,134
-
—14.5
+ 28.4
8,293,374
9,081,855
1,619,182,625
1,785,164,768
San Jose——
53,i30,088
53,525,303
Santa Barbara.—
17,979,307
35,961,601
17,683,698
39,236,693
3,405,562,720
3,707,153,470
Riverside
San Francisco—
Stockton
—
—
—
+
—
8.7
9.3
>
0.7
1.7
219,461,841
.
406,736,728
151,526,574
302,678,618
Grand total
(183 cities)
Qtltside New York
in
65,023,177,484
3.7
560,631,616,965
13,194,054
107177,970
10,469,507
77690,170
7.1
—
—
—
374,364,902
41076~5~l7m
3.4
11,776,273
13,875,233
4,540,115
—15.0
3,879,606
—12.1
9,320,254
8,342,403
6.7
493,050,955
1.2
697,606,943
13,161,099,557
10,991,714^33
3.3
6,376,415,498
4,729,658.283
3,860,394
7.7
8,395,348
35,148,032,681
5.5
294,122,034,158
a
306,619,053,091
—
—
361,4977131
27^8257995
11,073,237
,
9,679,579
2,892,759
733,974,968
3.9
14,251,646,889
14,082,048,584
6,818,735,352
7,052,048,812
—
+
—
Redemption Calls and Sinking Fund
requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily
EXCHANGE
RATES
'
;v '
;
878
■«
tNot available.
record for the week just passed:
FOREIGN
5/mm
—15.1
786,345,436
4.1
—
to, the Secretary of the Treasury the buying rate for cable transfers in the different countries of the world.
give below
6,718.85ft
776*297168
—
9,547,707
6.2
—
Foreign Exchange Rates
Pursuant to the
8,144,0pl
3(7.1
+
7.9
5.1
—
+ 29.6
6.1
+ 18.2
583,398,632,979
totals.
1.3
+ 22.7
—
31,490,764,655
33.203,810,608
tNot included
♦Estimated.
—
r—■—
8.1
62,627,924,171
.
r^'
327,990,382
29,543,694,859
—
—11.3
8.3
—
(19 Cities)
—
241,002,738- •%*.< -—14.0
21,754,328
-
1.4
603,169,048
23,158,422
57,775,627
18.592,345
Pasadena
8.9
207,304,702^*,
+
Modesto
—
535,001,500
19,348,369
Berkeley
Long Beach
—
2.7
»19,872,481
Calif.—Bakersfield
—
+ 22.4
11,856,944
236,893,560
Portland.
Utah—Ogden
y
167670^782
5,298,000
M33.122
0.4
—
639,228,074
Ore.—Eugene
,7..
267932*, 110
+
1.9
—
154,112,078
39,591,774
1.4
T7
1.7
—
1.3
"
57,446,804
4,658,91ft
143,6667000
—13.2
7,022,000
—
7,012,096
203785l",000
267167,791
+
+
994,614,807
216,709,000
4,7
"l.4
8,093,696
2317616,492
2.4
Federal Reserve District—San Francisco-
Wash.—Bellingham
Total
7,718,475
2287391,080
5.7
—
7,889,266,503
2.8
7,753,169,283
56,364,759
—
45,746,848
2,262,032,783
Total (11 cities).
3.5
—
20,679,628
5,047,110
45,084,483
845,198,795
886,147,520
218,856,000
+
0.4
+
—
834,057,690
'
—19.2
928,945,819
16,944,423
Falls...
6.4
0.5
—
6,396,707
Texarkana
La.—Shreveport
,
95,856,443
6,219,163
Port Arthur
Wichita
•
270,866,561
CERTIFIED
*
BY
OCT.
FEDERAL
7
We
t
RESERVE BANK TO TREASURY UNDER TARIFF ACT OF
1949 TO OCT. 13,
1949,
Country and Monetary Unit
OF
Transfers in New York
Value in United States -Money
stocks
notes,
called for redemption,
including those called under sinking fund provisions,
Thl© date indicates the redemption or last date for Dpf&iv
ipg fenders, and the page number gives the location i»
the current yplume (except where indicated) in wipefe
the details were given in the "Chronicle."
1930
INCLUSIVE
Noon Buying Rate for Cable
Below will be found a list of corporate bonds,
preferred and common
'
NOTICES OF TENDER
rr
Date
Company and Issue—
Oct. 7
V
Argentina, peso—
"Basic
**
"B"
———
.206949*
2.231573^
Closed
Maine
1st and
.138958*
2.231573
.019950
.019950
.019835
.019900
,019900
.019890
B,r»zil, cruzeiro——;
.054406
.054406
.054406
.05^406
.909090
,909090
.909090
.909090
.905000
.900250
.905625
.906250
Consolidated
.208000*
Dodge
.
Columbus
2.231739
.019950
Day
Canada, dollar—
Official--
"
« a
Ceylon; rupee—
.Czechoslovakia, koruna__—
penmark, krone—
r„——
France
.208000*
■
;t:
.y'''
;020060
.002860S*»
.002862*
.002862*
.208200*
,208200*
.208200*
.208200*
.115693
.115650
.115615
.145615
Lake St. John Power & Paper Co.—
.262985
Closed
1
444938*
(
.263000
2.772896
•
2.772896
.002862*
.262985
Columbus
2.773102
Philippine Islands, peso———
.497340
.497340
.497340
Portugal, escudo
.034965*
,034965*
.034965*
Straits Settlement, dollar—
.326125
.326125
.326125
.326125
Sweden, krona——--—.
Switzerland, franc
.193334*
.193334*
.193334*
.193334*
—
.230983
D^y
.497340
//v
.034965*
,230671
.231280
.140154*
.230685
*
Union of South Africa, pound—.
2.783750""
United Kingdom, pound sterling-
2.800937
Closed
2,783750
2.783750
Columbus
2,783750
2.600859
2.800937
Day
2.800937
aa
0«
♦ 0
a a
♦ a
a*
aa
*!*
a*
'*»
*•
a*
aa
aa
••
**
—
Uruguay, peso——
•Nominal rate,
—
——
♦♦temporarily omitted.
139f
1st mtge. leasehold bonds.. .Nov
Firestone Tire & Rubber Co., 3% debentures, due 1961. .Nov
Goodrich (B. F.) Co., 1st mtge. 2%% bonds, (due 1965- Nov
.Dec
Hanna
(M. A.)
Co., $4.25 preferred stock-—;
■■
.140154*
Uruguay, peso-^—
Mfg.
.020060
•MP154*
Uruguay, peso———
Co.—
series E bonds, due 1973——~. .Nov
Paper Corp., Ltd., 2xh% 1st mtge. bonds Jan
Corp., 15-yr. 4% debentures, due 1962_^. Nov
.144938*
2.772896
—
—
Power
1st & gen. mtge. 3 %
.020060
.140154*
Uruguay, peso
preferred stock——7Nov
Corp.,
1
Corp.—
Consoir mtge. 30-year 23A% bds., seiles J, due 1976 -Nov 15
.144938*
.262957
——
pound
Norway, krone.
Date
American Viscose
.144938*
India, Dominion of, rupee——
Mexico, pesb—_————
New Zealand,
♦*
130|
Bethlehem, Steel
.020060
(Metropolitan), franc——.
Netherlands, guilder
1'
197Q— Oct 18
—Nov
"""" 8
"
Company and Issue—
Connecticut
——_—
A
PARTIAL REDEMPTION
2.231573
:y
*-
general mortgage series L 3I/2S, due
.019950
■
#
-—Oct. 24
Co.—
Republic Petroleum Coi, capital 'stock.
Belgium, franc
:
——
Foreign "bank notes" account—
——
Power
.174562*
.138958*
—...
————
.297778*
.206049*
* *
as
Associates, Inc., common stock
Air
Central
.297778*
—
Australia, pound—
1
.174562*
"...
as
-"A" '
Preferential
Oct. 13
Oct. 12
$
...
Preferential
Oct. 11
$
.
—.—
Special
Oct. 10
Oct. 8
irehandise.
tApplicatlon depends upon type of merchandise,.
<
1
;.:<
'''•
1.J
\t I! ilil.! i iiULi
,
11
1393
West 42nd Street, Inc.,
1st mortgage
3%% bonds, series B—r--—------
Minneapolis-Honeywell Regulator Co.—
2.85%
debentures, due 1963———
•Oct
1294
?
17
.Oct 31
—_
Narragansett Electric Co.—
1st mortgage 3s, series B, due 1978
1
—-——u—. -Nov
National Vulcanized Fibre Co., 4'A%
debs., due 1960 -Nov 14
New Bedford Gas k Edison Light Co.—
25ryear Vh
debenture
Nov
1
1302
Nov
1
1195
1
preferred stock
—; Nov
Century-Fox Film Corp., prior pfd. stock— Nov 23
1
Union Terminal Co., 1st mtge. 3% bonds, due 1978— Dec
Wisconsin Public Service Corp., 1st mtge. bds., due 1977. Nov
*
$3
convertible
Twentieth
«
1302
1951. Nov
bonds, due 1963
———
Raymond Concrete Pile Co., $3 preferred stock..——.
3%
1299
1299
•
Nov
notes, series A, due 1973
Portland k Rumford Falls Ry„ 1st mtge. 5s, due
Public Service Electric k Gas Co.—
|191
*40*
♦
1339
134f
.
,'
CALLED
ISSUE
ENTIRE
■
>'■.■'
.
Central Terminals, Ltd.—
Atftoma
gold bonds, due 1961
gold bonds, due 1961,
6%
5%
>-<-
3
3
Nov
——Nov
_—
series B—
Electric Power Co.—
1st mortgage
Power
United
United Rys,
West
Transportation Co.—
Electric Co., 5%
Penn
6%
7%'
stock
A
698
;
1340
this issue.
1340
——
F.
1949
Total
and
U. S.
363
—
•
9,636
1,388
Certificates
3,726
—
—
50
+
43,500
—
+
*
securities—
and
3,253
—
122,583
32,828
C
741
72
265
33
demand
to
U.
Govt,
8.
44.374,549
51,988
•
—
»
/ *
•
Deposits::.-.-.-
*
/•
-■
23,361,983
• *
—
v
deposits
availability
——
:
•
+
+
519
~
•
12,353'f
,
&
■
.
„ , .
, _
|
American
Power
Coal Co.
tp -
jtu.
585
^
>
4y2%
Co.,
U-
'.12-7 1
1-3-50
55,387
*3.506.031
:—
'-
,
•
t
Capital paid in
Surplus (Section
.
7) —:-
(Section
r;r p
207,033
406,711
13b»—.
*7,031
+
+
58~251
America
18,522
•f
27,543
capital; accounts
Beneficial
';
Ratio
of
gold
44,374.549
—
51,988
11-
1
—5,563,189
V
certificate
to deposit and F. R.
liabilities combined—
Contingent liability
on
56.6%
0.2%
+
;7.7%'
purchased for foreign
correspondents
Commitments
to
make
Trust
—
148
&
—
55
2,397
+
trial loans
1.892
—
1
The condition statement of weekly reporting member
banks of the
Federal
Reserve
System in leading
cities
shows the following principal changes for the week end¬
ed Oct. 5: A decrease of $229,000,00(1 in loans; increases
-of
$248,000,000 in holdings of United States Govern¬
securities, $227,000,000 in reserve balances' with
Federal Reserve Banks, $218,000,000 in balances with
domestic banks, and $741,000,000 in demand deposits
credited to domestic banks; and decreases of $171,000,000
in demand deposits adjusted and $265,000,000 in borrow¬
ings.
ment
x
Commercial,
industrial,
and
agricultural
creased in most of the districts and
at
all
12-30
a
in¬
total of $50,000,000
reporting
000 in the San Francisco District.
American
Common
San Francisco District and $35,000,000 in New York
and decreased $31,000,000 in the Kansas City
City,
District;
at
all
reporting member banks was
Holdings of Treasury certificates of indebt¬
edness increased
in most of the districts
and
a
total
of
$109,000,000 at all reporting member banks; the principal
increases were $30,000,000 in New York
City and $29,000,000 in the San Francisco District.
Demand
deposits adjusted decreased $131,000,000 in
-Hew York City, $35,000,000 in the Kansas
City District,
and $30,000,000 in the San Francisco
District; and they
increased $36,000,000 in the Richmond District. Demand
deposits credited to domestic banks increased in all dis¬
tricts,, Demand
deposits credited to foreign
creased $72,000,000. - v'-
banks
i
:
-
Borrowings' decreased $183,000,000" in
10-20
10-20
10-10
$3
10-31
10-17
15c
11-15
11-
$1.37 %
-
12-20
11-1
10-17
11-16
12-16
11-15
10-25
12-31
12-13
10-14
10-
(quar.)
11-15
11-
11-
1
10-24
11-
1
6'/4C
(quar.l__
-V.''
Ltd.—
(increased
10-
5
11-
9
12-
r
9
11-15
10-24
11-15
10-24
"..
/
11-15
11-10/.;
10-15
11-
1
10-15
50c■:.*»,11-15/';
" :
-.j
12-1,
62(/2c /
*
(quar.)
10-24
11-15
60c
s-a)
(quar.)
(Del.)
11-4
■
———v/; 62Vic.12- 1
(quarC)
lOc •
12-10
11-14
11-15
-
'
11-
1
6c
10-15
5c
10-15
9-30
4c
10-15
9-30
9-30
-
Trust
&
5
(quar.)
pfd.
General
Electric, Ltd.
Corp.
1-
2-1-50
Common
Island
(interim
B
Insurance
Dillon
Container
Denn
4%%'
Sierra
1
11-15
Stevens
11-
1
10-20
Co.
1
10-20
Trade
1
10-20
11-
1
9/lOc
10-14
87y2c
$1.75
9-
10-15
ioc-
7
10-18
10-31
;
10-
1
10-28
10-13
10-14
/.
35c
(quar.)
Company, Ltd. class
A
(quar.)
Electric, 5% preferred B (quar.)
414% preferred C (quar.)
preferred D (quar.)
U.
10-
7
10-14
10-
7
37j'2C
12-20
12-
5
12-20
12-
Co.,
&
S.
6%
class
Corp.,
A
Stores
Walker
10-
7
11-15
11-
1
10-12
11-15
10-28
27V2c
11-
1
1.0-2O
87'/2c
11-
Corp.,
Mfg.
Pacific
Westminster
B
10-18
11-15
10-24
40c
1-3-50
12-15
59?ac
12-31
12-15
10-17"
40c
1
11-
1
10-17
11-15
10-24
50c
(quar.)
11-
J25c
"
12-10
11-lO
12-
1
10-31
12-
Ltd.—
1
10-31
50c
10-31
10-21
10-31
10-21
25c
10-31
10-21
16c
10-27
10-17*
10c
11-
10-20"
10c
11-23
11-
60c
11-
1
10-17
$75c
11-
1
10-14
$1.50
V 11-15
10-28
12-15
11-18
$$1.25
Inc.
(quar.)
(N.
quar.)
Y.), (quar.)
(quar.)
;
$6
(s-a)
pfd. (quar.)
Gooderham
& Worts,
1
T
Ltd.—
$60c
;
Point
Class
1
25c
•
Ltd.—
preference
(Hiram)
Western
10- 8
10-14
$1.50
Wesley Mason Mills, Ltd., 5J4%
West
10-15
J12V2c
Co.
Insurance
Steel
United
10-25
10-17
(resumed)
Corp.
Fire
10-25
11-15
$1
(quar.)
common
Company,
Bank. & Trust Co.
United
11-15
75c
P.)
(J.
United
•
;
50c
(quar.)
(quar.)
pfd. A (quar.)_
(irreg.)
Corporation
(initial
Television
Fund
(irreg.)
11-
;
30c
Co.
pfd. (quar.)
RR.
Co.
Paper Co., Ltd., class A
$12y2c
$2V2c
(quar.)
(quar.)
10-15
11-
1
10-31
19-
'8
10-31
.
75c
„
10-15
11-15
75c
(quar.)
1
11-1
.10-
8
11-
$$1.37'/2
'
Co._
•
5
$12y2c
25c
-•
•
11-
10-20
1
10-5
10-15
'
'21J/4C
10-15
10-;5
25c
10-15
10-
5
White
J$2
Machine Corp.,
preference (quar,)__
Sewing
prior
Winters
&
Crampton
Wisconsin. Public
common
Corp.. .(quar.)
:
;
11-1
50c
;>,15c
Service, .5%. pfd. (qua-r<)_
$i_25ri
(•Woolworth (F. Wv) Co. (quar,W—...',50c
Yuba Consolidated Gold Fields—$5c
10-22
11-
50c
,■
i
V
:
45c
Corp.
Stouffer
11-
11-
—
(quar.)
Increased
5
Y.)
Year-end
15c
1
10-20
—
<N.
(increased)
preferred
45c
;<■
(quar.)
$3.50
Corp.,
Chemical
12-
10-21
10-21
(quar.)__Z
Ltd
Co.,
Common
10-15
10-21
1
10-25
preferred
5%
11-
10-28
10-31
Corp.—
Standard
6%
10-20
1
1
(quar.)
Power Co., common
Pacific
10-24
10-27
10-20
11-
preferred
10-25
11-15
10-20
preferred
Mining
Products
1
11-
I
11-1
(irreg.)
11-
20c
11-
50c
3c
quar.)__
Spencer Kellogg & Sons, Inc.
87 VzC
25c
.___
10-31
56 Vac
10-14
Co.
RR
Sharp & Dohme, Inc.,
15c
(quar.)—_
Co.
convertible
1
(quar.)
Cementing
Whitehall
&
$4.13
(quar.)—
1
Quarterly
$1.25
*
pfd.
11-
'
—
Rochester-American Insurance
11-15
10-20
10-15
t87'/2c
30c
class
Southam
:
10-25*
10-31
Engineering Co.—
11-21
9-30
10-20
9-30
11-15
(year-end 1
75c
$2.10 preferred (quar.)
:
52Vic
Republic Supply
(Calif.)
(resumed)
20c
Reynolds (R. J.) Tobacco—
Common
(Interim quar.)
—45c
12-12
50c
(J. F.)
Electric &
Shattuck
11- 4
10-20
75c
Common
Seaboard
1
1
.10-15
Quarterly
Scotten
10-15
,
12- 1
11-
■
45c
(increased quar.)
/
(Dayton Ohio) —
1
10-17
75c
10-20
10-15
•
11-
(quar.)
Co
Co.
Insurance
3
35c
Well
Pile
Conciete
1-
11-15
11- I
;
87c
-
(quar.)
preference
12-
10-15
20c
-
15c
Company, class B
Reliable Fire
11-
(quar.)
Giddings & Lewis Machine Tool
Oil
—_—
Co.
1-3-50
5c
t$3" '12- 1
75c
11-15
v 5c U 10-25
(quar.l
2-1-50
30c
•
11-
-
35c
Redeemable
Reliance
10-20 '
10-14
11- 1
i
1.—w
Corp.,
Ltd.
Purity Flour Mills, Ltd.—
Raymond
10-20 "
1
1
$1
Purex
Randall
11-
•
75c
Electric
Gamble Co.
31-21
(quar.)-
com.
Georgia Railroad & Banking Co.
Halliburton
&
11-14
/ 10-13
(accum.)
General
PirOcter
3
(Great Britain)—
(Dallas)
\Portland
SI.25
-—
deposit receipts (final)
Shoe, $3.50 preferred (quar.)—
Co.
preferred
11-15
~/, 10- 7
28c;'*.. 1T- 1
- -
•
(quar.)—.
;
25c
(increased s-a)
American
Insurance
6%
$1.19
(quar.)
4V2%
Company
$30c
—
(accum.)-
pfd.
$5
1
10-24
10-31
i.
10-17
1.
(quar.)--.:. $1.50—.10-31
(quar.)
$25c
(increased)-'——
Machine,
Industries,
4%
pfd.
Co.. (s-a)
$25c
(quar.)_
i.
preferred
Quebec Ry.
.12-
(quar.l..^7Va'c
(New Hampshire)
Utilities,
11- 1
50c
...
common^
preferred
...
.
$15.. ...10-17
—.——1 .....tlOc-!/ 12- 9
;
^^
.
..
Casualty'
Shellmar
—-
preferred
*
Corp.,
Lighting Corp.
5%%
Co., Ltd.—-
4.80%
Illinois
l0-"3l
10-31 k
15 —10-31
i 5c ""11-16-^ 10-31^Ll-15--10^--;
4$1.50
preferred' (s-a)___•
Railroad
r
-11-13
Canada,.-Ltd.^-
10-24
40c
certificates
A.)
—
of " Western
convertible
10-31
11-15
^
^ 11-15 /'
York Air Brake Co..'
&
9c
4c-- 1
11-
9-
.
—...—8c-
10-24
10-17
^
J
series
11-15
•
9-30
11-15 ^',10-31
St. Paul Fire & Marine Insurance
$25c
S.
-.1—
Rutland
;
9-30
-
>
Z
12-
294/sC
:
70- ^-10-15
series..-:
10-21
1
4c
^ —
12-20
$2
>
(interim)-;—__
/, r4c./ 10-15
9-30
10-15 •'•;//*' 9-30
J;■?6c*
—-»*
25c
—.—
(quar.).—;
trust
—»:•
—
50c
—
:
Bronze
5%
10-13
10-15
30c
37'/2c
$1.37Mi
'
1$1.19
—.J.
$1.50
1
Industrial Securities Corp.—
Wood
'Hartz
10-15
10-31
10-25
—
shares'
Products
Rhode
15c
convertible
General
10-21
10-31
1
11-
11-10
Railroad-equipment shares
10-24
$1.06
Inc.—
(quar.)
receipts
Ltd.,
Gear
4
:
General
Gulf
12-
37V2C
pfd.
Corp,
Bros.
1
1-3-50
50c
87Vs>c
$2.50
(quar.i.
Williamsport RR. (s-a)
•Hawaiian
New York City
1-1-50
20c
20c
20c
(quar.)
(U.
3
37»/2C
Sugar Associates,
$3.50
1
11-
20c
shares
cs*
10-10
Extra
Gar
10-15
40c
in¬
'
and $56,000,000 in Chicago.
—
10-21
1
25c
(New Hampshire)
Phillips Petroleum Co.
(quar.)
Portland Gas & Coke Co., 7% pfd. taccum.)
10-15
(quar. )_„
Fund:
60c
1
11-15
(
125c
1
—Z
-
Packard-Bell
10-20
class A;
Chemical
voting
Mutual
Fulton
11-
115c
com.
1
25c
preferred
Co.,
group
Peerless
10-15
(Newark)
-
1
(quar.$1.75
series
Pacific
10-15
10-31
First
'
1111-
11-
Firemens Insurance
■
11-
(quar.)
shares
Ontario
10-15
16c
(quar.)
Empire District Electric, 5% pfd. (quar.)—
Federal Grain, 6'/2%
pfd. (accum.)—
Foote
11-
50c
25c
$4,25
Corp.,
slock
Freres,
&
1
11-15
common
Funds—
series
Northwestern
'
15c
(quar.)
Drewry's Ltd.
Elmira
increase
10-21
10-21
35c
Ltd.—
preferred
Eastern
net
1
(quar.)-^
Common
Duro-Test
$109,000,000.
11-
II-1
$1'
Corp
Co., common
Dominion Tar &
Dupuis
11-
(quar.l
preferred
Railroad
.
10^21
—
deposit
Corp.
York
Holdings of Treasury bills increased $52,000,000 in the
Oil
Mfg.
Co.,
dealers for purchasing or carrying United States Govern¬
ment securities decreased $233,000,000, largely in New
11-
(quar.)
Northern
10-17
1
Ltd
Co.
Corp.,
Company
debenture
$1
11-
45c
—
2nd
Corp,
Trust
Northern
"
11-
'
Divco
1
11-15
(quar.)
Nonqultt Mills (liquidating)
Normetaf Mining Corp., Ltd
10-18
1
(quar.)
B.)
Rock
12-
1-3-50
Ltd
Company,
stock
6%
10-26
8
11-
(quar.)
Dennison
Loans to brokers and
City.
Fund,
Gas
&
Pictures
A
Distillers
11-
30c
Consolidated Chemical Industries,
Deep
10-24
15c
30c
Retail trade
*12-21
I-9-50
20c
Company
(W.
10-31
150l4c
(quar.)
pfd.
series
Neon
11-25
11-30
lli
(monthly)
Common
Coon
5
10-24
(quar.)
Co.,
preferred
Stock
,
B
2
11-
(quar.)
Ltd.
Inc.
prefeired
Preferred
-New
25c
/—J
Common) (monthly)
Colgate-Palmolive-Peet
Co.,
com.
$3.50
preferred
(quar.l—
Class
11-
10-31
$1
7%
Grain.
Moline
(Henry 1
National
12-16
25c
vv
K
Class
11-10
(quar.)
Reclaiming
Balanced
10-25
Allerton
Columbia
1
1
11-15
*.•
% Steel shares
.*10-25
11-15
(quar.)__^—
common
Hotel
—
City Investing Co., common (quar.)
5Va%
preferred
(quar.)—
Clinton Industries, common (monthly)
$8
loans
member banks; the principal changes
were increases of $19,000,000 in the St. Louis District and
$18,000,000 in New York City, and a decrease of $24,000,-
the
—
B
Collins
12-
12-
20c
10c
Ltd.
common
Co.,
Selected
40c
Electric
Warehouse
Class
Inc.
Sons,
Products
10-14
$2
i
(quar.)
1st
Metal
1-14
—
Investment
Centra)
Chicago
&
10-14
1
10c
Mines,
Corp.,
Rubber
(I.)
1
11-
$1.25
(irreg.)
.preferred* (quar.)'.:
National Container Corp.
I
1-31-50
1
preferred (quar.)
preferved (quar.)
$1.40
convertible
preferred
Central
Condition Statement of Member Banks
&
Automobile
9-19
50c
(quar.)
Canadian
11-
—
5%
11-16
10 31
$1
4,231
.
Nov. 15 distributions;
8c
$1.2o
—
Shoe
5%. convertible
-v
20c
.
Co.
Water
Common
3,670
■
(increased 1
Co.,
preferred
Motor
5
J1 -10
-
/25c
—
IN. Y.)
(quar.)
Telephone Co.— -
Bronxville
indus¬
12-23
-
$1
15c
National Alfalfa Dehydrating & Milling Co.—
10-14
Z": $3
(quar.)
California
+
accept¬
ances
11-10
1-3-50
/Low-priced bond series.:
^ ^
Speculative series
—
Low-priced common atock.; series———.
*'■ •* '
"TV
—
preferred
4%
10-11
1
*
convertible
1
10-
12-
75C
—
(quar.).—
common
Fisheries Coi-p.,
Bfcoth
12-10
12-
/
10-21
H
10-19
56V4c
Corp.. (quar.)_^—
Corp.,
(s-ai ^——
Best & Company
(quar.)_^
Birtman Electric Co. (quar.)_
.serves,
note
-
-
preferred
$6
Total liabilities & cap. accts.
•—
Aircraft
Beech
3.386
167,231
10-29
10-20
(quar.l.
Morrison-Knudsen
•'<
»$2 50
Mortgage Guaranty Co. of
Bond .&
Bankers
11-18
12-20
The amounts shown below are estimates
10-31
v$0.068
^ h
Imperial Diesel Engine Co.—
4,/a% series A preferred (quar.)
6% series B preferred (quar.)—
-
Frank
&
434%
'
(interim)
Atlas
Capital Accounts—
11-18
11-10
1$1.00V2
$1.50
1
10-15 iv
50c
Ltd.—
non-cum". preferred^
5%
10-15
12-12
50c
—
$5.50
«
Co.—
RR.
11-
56 Wc
(qoar.
pfd.
receipts
Amerlcahr deposit
-5,646,993
-i
1
$1.50
*
12-1
•
11-21
$i
County-—
Co.
Associated Electrical Industries,
"3,669
—'
Alleghany
of
-Archer-Daniels-Midlaivd
•
10-15
11-
50c
—I
Porcupine
;Morgan
.
477.443
10-18
10-31
.'
^
(quar.)—
(M0.1
Pacific
Payable of Rec.
Paper- Co.,
American-Screw
—'4,400,677
11-18
11-1
10c
(accum.)
Stores
Holdert
When
per
*Share
r ■
102,521
—
t7c
$1
20c
34%c
50c
(quar.)
(Md.)
Corporation
Bond
220,477
55,346
10-17
12-15
■
Atlantic Coast Line
liabilities
Bur pi us
Meier
paid.
+
165,184
Theatres
Lumber
Minneapolis
+
—1,000,028
Co.
&
Mining Corp of Canada,
Minneapolis
Gas
Co.^
9,078
+
R.)
Corporation
Midwest
154,659
681,171
A
Bell
4%
*
60,486
10-21
10-29
(extra)—
Co.
Mercantile
Ltd.j,—?^J25c
Extra
-—;--'r 150c
Admiral Co'rporatlon (stock dividend)—100%
15c
Air-Way Electric Appliance Corp.-
■
&
Extra
we
r.^v Namer of Company,
—3,723,647
10-21
1
(quar.)
Corporation
The dividends announced this week are:
53/866.v—• 765,204
10-15
1
,
(quar.)——
common
Inc.
Lumber
Mclntyre
351
Dividends
—5,563.189
1
11-
20c
Special
"
Other
.
Further details and rec- '
ord of past dividend payments in many cases are given r
under the company name in our "General Corporation'
and Investment News Department" in the week when
59,098
—
11-
10c
Macoii
District).
(Chicago
revised
which have not yet been
242.229
.
Inc.,
Macco
1,125
are grouped in two separate tables.
In th€
bring together all the dividends announced the
current week.
Then we follow with a second table in
which we show the dividends previously announced, but
14
.
286.435
17.906,306
Items— " 2,225.389
Other llab., Inch accrued divs.
Total
Long
DIVIDENDS
.
551,389
557,790
-
(F.
Boston
Miller
Abitibi
acct.
gen,
+
■
16,115,956
—
Total
yl
•••
acct.
bank—reserve
Treasurer
Deferred
.
10-29
-11-
(irreg.).^
Mines, Ltd—
pfd. (quar.)
Lynch
accounts,
'
"
-
Foreign
Other
+
10-18
$1
30c
4%
Stores,
Apparel,
Melville
-
friabilities—
Federal Reserve, jtiotes--—
„
.
22.795
figures
23
declared.
assets
8.
11
deposit accounts, except
and
Fund
Machine
Loew's
51
♦Sept.
10.255
•
—
43
3,841
;
8tock
Long-Bell
9,375
+
1
$1.12V2
.
(quar.)i——.——_
Midland
614,000
—
113,728
premises—-'
Other assets
4'/2%; prefeired
Extra
1,356
94
interbank
—5.915,383
186,226
-
2.624,052
10-25
50
—
11-
11-15
12V2c
45c
Lehigh Portland Cement Co. (quar.>—
Locx Joint Pipe Co., 8%
preferred (quar.l.
2,041
—
65
41
deposits
434.569
•
items
Uncollected
U.
227
+
—
2,798
8.
during week
—5.524,245
182,550
35
105,106
Member
648
2,670
—2,197,754
17,888,303
loans
from
'Total
+
164
—
17,778.624
securities-
U. 8, Govt,
foreign banks
I\ it. Notes of other banks—
..
902
4
—
.+
345
Debits
390,974
—
7,538.200
——
11-21
Lazarus
155
first
Bank
26
+
+
—2,277.922
298,100
:
Total
590
Domestic banks
—
139,050
4.166,424
5,775,900
—
Botes
Due
4'
+
Foreign banks
665,941
—
-
10-15
Landis
Interbank demand deposits:
83,057
—
255,162
108,733
946
—
Total
2,815
securities:
Govt,
Bills
Bonds
+
—*
Borrowings
+
advances
109
171
Government
748.998
+
9,999
+
+
Industrial loans
+
46,286
15,270
deposits adjusted
deposits, except Government
$
23,355,335
cash
Other
Discounts
10-29
10-20
L'Aiglon
53
U.
R.
gold ctr. reserves
11-15
Loan
preferred (quar.)
Kresgc (S. 8.) Company (quar.l
890
2,261
-
Time
1948
$
547.904
+
+ -
banks
Demand
Oct. 13,
Oct. 5,
$
for
109
218
domestic
with
2
2
11-
4,017
—
2
1212-
Class
1949
fund
+
+
738-
11-19
$1.37(4
313
248
12,232
Banks
Reserve
+
•f
5,056
1
12-23
Kobacker
84
—
7*
+
■
20,117
.
84*
—
12-
12-28
Kingan & Co.,
242
+
50c
11-29
Island Mountain
44
Si,
11-19
—_———>
(quar.)—30c
f
—35
Liabilities-
Oct. 12.
notes
;
vault-
Balances
(-—) since
crease
Redemption
indebtedness—
f
1
12-12
296
2. J;
&
+
12-
Co., 5% preferred (quar.).
Idaho Power Co., com.
(quar.)^
4% preferred <quar.)._—
—______
Interchemical Corp.,
common
(quar.)———
489
.
+
5
—
2,717
7,290
1,128
—
of
.1,877
+
29'
+
25c
Co., com.
Electrochemical
Investors
securities—Total
Federal
with
in
-Cash
700
233
—
190
445
4,212
155
4,179
37,252
Other securities
Increase ( +) or de¬
22,807.431
;
loans
Treasury notes
U. 8. bonds
Federal
'
758
706
-
-
loans—
estate
S. Government
tJ.
thousands of dollars)
—
' s
,<
Loans to banks
Reserve Banks Combined
certificates
•
!■,
Government obligations-;
3-
10-25
—
Hub
—J
pur
Other securities
Reserve
Gold
lor
10-25
11-15
(quar.37y2c
/. ...,$1
(quar.)
common
(quar.)
conv.-'pref.
11-15
preferred (quar.)——
$1.0614
$4.50 preferred A (quar.)———$1.12V2
Horder's, Inc. (quar.>——
30c
Hormel (George A.) & Company, common— ;,1„62,/2c
6% preferred (quar. )w»—_——__
$1.50
762
—
Corp.,
Holier$
When
Payable of Rec.
Share
$4.25
—,
50
+
-
Per.
■
Chocolate Corp., com.
pref. (quar.)—
Hotels
Hooker
+. 3,903
229
<
13,434
dealers
and
brokers
blll3
Treasury certificates
Assets—
24,079
,
■'/.
cor.v.
4%
-
and agricultural
industrial,
Treasury
(in
229
Other sacurities
—
—
! Other loans for purchasing or carrying:
U. S. Government obligations
Real
!
Statement of Condition of the 12
23,769
-
to
Other
•Announcement In
15
(
,
/
2
66.077
-.
U.
V
—
debs., due 1951—Nov
—
—
chasing or carrying:
.:<%/(i
—Jan 1
debentures, due 2030_Oct 24
27s%
Wteatinghouse Electric Corp.,
loans
Loans
stock———————Nov
istock—————-———--Nov ia
—-a.———Dec 30
cumulative
Class
gold
1396
preferred
preferred
cumulative
'\:v
Investments—Total—
and
commercial,
/,/-'
7
1966—-—--Nov
'
"'1'
(v'1';'
Loans—gross
897
_
collateral trust certificates
4%
-
1
1949
$4
;
Hilton
Oct. 6,
1948
(In millions of dollars)
Loans—net
878
l
-
,
bonds, series A, due
372 %
&
Nov
Jan
preferred stock
Pireprooflng Co., 7%
General
Kansas
Assets—
,"'/■*
Loans
<5e Telegraph Co.—
debentures, series A.——
5Vi%
25-year
Sept. 28,
•
1949
*
'
Associated Telephone
,
Oct. 5,
1390
;
"
.
Hcrshey
Inc. (+) or
Dec. (—) Since
...
>'•■/■
■' *'■
'•
■.
Name of Company
banks follows:
!*-■■
?:
„«
bonds, due 1961—-T~Nov
57*
Co.,
Electric
Associated
•
-
t;
of the assets and liabilities of reporting
summary
member
stock and bds., duel959_Dec 31
1st mortgage debenture
5%
A
PBg0-
*
Company and Issue—
Monday, October 17, 1949
FINANCIAL - CHRONICLE
&
COMMERCIAL
THE
(1534)
40
10-22
1
•-Il-I5;iv?10rl9
;
11-: 1 V'
10-15
i2-»a.
11-10
1
10-13
11-
Volume 170
Below
Number 4847
THE
COMMERCIAL
give the dividends announced In previous
weeks and not yet paid. The list does not include divi¬
dends
announced
this
Name of
California
&
Adams-Millis
Fund,
Affiliated
Gas
Co.,
Mills,
Inc.
4%
preferred
Amerada
Aggregates,
Canadian
10-15
Industries,
Canadian
Investors
$1
10-22
,10- 8
Canadian
American
Book
Co.
11-
1
10-21
^Canadian
11-1
10-21
10-17
10-
(quar.)
Special
i
American
5%
Bosch
Corp.,
preferred
American
Can
American
Distilling Co.
General
American
Home
5%
preferred
Co.,
(s-a)
American Metal Co.,
6%
Natural
preferred
American
American Smelting &
Viscose
preferred
American
$5
(quar.)
/
10-31
11- 1
4.20%
10-27
10-27
3.60%
..
(quar.)—
Post-Products,
Co._(--___
11,.
'
.
4 %
;
1
„.
4.50%
4'A %
Arcade
Cotton
Mills
Co.,
$1
6%
preferred (s-a)
Argus Corp., Ltd., common., ___
4'/2%
convertible preferred
(quar.)
Aro
Equipment Corp.
(irreg.)
5%
12- 1
Industries, Ltd.—
registered
(interim)
Telephone Co., Ltd.—
City
Clary
10-14
preferred
preferred
(quar.)
Atchison, Topeka & Santa Fe Ry. Co.—
Quarterly
5%
10-28
Colonial
1
10-28
10-18
1
$1.08% '/ 11-1
10- 8
5%
Gulf
4%
10-
10-15
$1.25
_
3.75%
preferred B
Plywood
Corp.
Power Co., 4%
pfcl.
Atlas
11-
1
1
Federated
Atlas
Ault
&
(quar.)
Wiborg Proprietary,
5'A%
preference
Austin,
Nichols
&
<10-25
$2.25 convertible
Avondale Mills,
4
(quar.)
30c
40c
(quar.)
56'Ac
'\/
/
"
(monthly)
Common
(monthly)
(monthly)
(monthly)
preferred
preferred
..Baldwin
Baldwin
Rubber
7%
11-
1
Co.,
9-17
11-15
10-17
11-1
1
12-15
i'-M- 1
12-15
12-
10-20
10-15
10-31
10-
Porcelain
(quar.)
15c
10-26
10-14
10c
10-26
10-14
Cuban
1-2-50
12-13
Culver
40c
Berland
Best
Shoe
Foods,
Blauner's
Stores,
Inc.
Inc.
,
(quar.)
1
11-
$1.18%
11-
1
10-21
10-27
10-13
18%C
11-15
10-20
$3
De
Delaware
1
11- 1
11- 1
-10-14
.'■/
_«
(George W.)
Edison
Boston
Personal
,
Woven
Hose
&
&
Paper
preferred, (accumj-—
British Columbia Telephone
'
(quar.)
6%
2nd preferred
Brown Shoe Co.,
Steel
Buchanan
Buda
4%
2nd
preferred
preferred
Burnham
&
Burns
Class
A
pref.
Class
B
11-25
11-15
.
(A.
M.)
Caldwell Linen
$1.50
80c
1st
2nd
7%
11■
.
2
"! 10-20
25c '*
10-25
90c
10-31
10-14
,
10- 4
Dominion
5%
&
'10-10
Dominion
Coal
10-
7
Dominion
Fabrics,
10-14
11-
1
10-13
12-
1
11-
1
12-
1
11-
1.
'
5
7
10-31
10-15
<
10-25
Ltd.,
10-2)6
conv.
pref.
cJlrH
i-
12-.1
,
It" \
*
>
.14-15
i
5%
11-
10-18
1
1
Coal,
5
8
Common
10-25
11-
$5
10-28
10- 7
10-28
1
50c
10-25
10-20
4%
10-10
-10-10
.
10-
10-31
11-
1
10-14
$20c
11-
1
10-14
$37c
11-
1
10-14
$20c
11-
1
10-14
-4%%
Dover
Dry den
&
i
12-
Co.,
25c
10-31
10-14
55c
10-31
10-14
(quar.)
12'Ac
(quar.)__
(quar.)——
1
10-15
12-20
12-
1
(quar.)
62'Ac
10-31
10-18
common
(quar.)
35c
10-20
10-
$1
n_
1
10-20
$1.06 V*
11-
1
9-26
15c
11-
1
10-17
10-25
9-23
(quar.)____
common
5
50C
11-15
1-1-50
50c
11-15
10-25*
11-1
10-10*
.VW-6C
10-20
50c
5%
$125
:_,/__
11-
n.
9c
11-
10-24
10-11
11-
1
10-14
11
1
$5
2- 6
10-14
$30c
1
r10-14
$37'AC
&
Union
11-
l
$137'A
•
*
-
preferred
.Gypsum
_
(Harris
(A.)
11-15
11-15
<■
10-17
*
9- 1
25c
i•
r
3c
'10-25
62'AC
1-3-50
-15c
i
12-
12-20
! 37'Ac
—
10-14
11-15
10-31
$i?y2c
11-
10c
5
,
12-10
11-
/
9-30
:
10-21
1.
11-
1
10-21
12-
1
11-15
11-25
;
c
$$1.25
$30c
*
10-31
11- 4
.10-
11-
1
10-
(quar.)
50c
common
(quar.)
1
10-
1
11-
1
10-
1
$25c
11-
1
10-
8
$$1.25
.11-
1
10-
8
»440c
Ltd._—
•
(quar.)——
-$25c
,
10-28
11-
10-
1
5%
5%
Horn
of
$25c
1
'
10-15
11-15
10-14
$15c
12-
1
11-15
$30c
11- 1
9-30
10-10
11-
10-14
_
11-25
11-
25c
10-20
V, 9-30
56'Ac
11-15
11-
50c
11-
10-15
37'Ac
11-
1
50c
(quar.)_
11-
1
.
•
$1.25
(quar.)__
1
1
10-17
12-
8
$1,125 3-30-50
3-10
6-12
Lt<L
'
.
pfd.
12-1
'
4
1
11-
1
10-14
11-11
10-31
,10-19,
$1.12%
13c
1
11-
11-
60c
■,
11-
11-15
10c
68%c
11>
9-23
1
10-13
10-31
10-10
*
25c
10-31
10-
93%c
10-31
10-
8
$1.25
; 11-15
11-
2
5c
-
n,
40c
v.
10-25
15c
10-25
9-30
.
1
10-15
8
10-10
...
35c
11-
20c
10-28
10-18
5%
preferred
Lumber
&
Co.
Co.
11-1
.10-15
(quar.)
(extra)
$1,'
preferred
(quar.)__
Co.
Process
(quar.)
37y2c
>
(N.
Y.)
(quar.)
11-
1
10-10
.
12-22
1-2-50
10-11
11-
11-1
1
25c
10-22
10-11
10-
*
i
10-24
50c
(quar.)_
(increased)
*
10-29
10-17
4~$i
ll-
1
10-15
30c
•
10-20
7'Ac
:
pfd.
Hussmann Refrigerator Co., com.
$2.25" preferred
10-10
25c
Inc.
11-
1
' 10-20-
1
56%c
;
Huttig Sasb Sc Door Co.,. 57f
1
9-30
1
50c
(quar.)
Lighting & Power $4
11-
11-
...
25c
Corp.
Corp. (Irregr.)—
Fund,
10-25
25c
(s-a)
Hardert
11-15
lc
Company—
preferred
...$1.25
______
(quar.)
common
10-10
1
;
;
convertible
Plan
7
10-15
:
12-28
Spencer, Bartlett & Co.—
(Henry)
Houston
11-25
;$1.25 6-30-50
.
Company, 5'A%
Company,
Houdry
Howe
1
12-15
25c
common
Houdaflle-Hershey
*
;
$$1.12%
10-31
25c
$25c
(quar.)
Home-(JosephJ-Company
10- 1
11-
11-15
Canada—
(quar.)
(Edward)
&
1
11-15
12-15
$500
Co.
Co., common (quar.)
3.%%. preferred (quar.)™—
Hercules Powder Co., 5%. preferred (quar.)_
Hercules Steel Products Corp., common____
7% preferred class A (quar.)
Holt
10- 1
11-
11-
12-15
(quar.)
Development
Holly Sugar Corp.,
7
11- 1
11-15
10-10
$1
;
(The)
Hines-
-
T25C
12-12
$1.25
(quar.)
-Holly
„
9-30
4
9-26
12-31
15C
.
10-15
$1
^
10-20
25c
Corp. of America, 4'A% pfd. (quar.)___
Haydock Fqnd, Inc. (irreg.
Hayes Industries, Inc. (quar;)/____//______
Hayes Mfg. Corp._____.
Higbee
1
11-
;$38c
1
10-10
33%%
Hibbard,
1
10-
1
10-25
$1.37%
Monthly
7
$20c
$75c
>
11-25
10-
n_
10-10
(quar.)
Hecht
1
<
$1.12%
Hat
•;
11-30
10-24
.
10-25
Electric Light Co.
(quar.)
Fire Insurance (stock dividend)-.Hart, Schaffner & Marx
1
6
10-18
25c
Hartford
.
10-
10-31
62'Ac
Hartford
20%
10-18
1
•,
He
(quar.)
10-18
11^
■
$1.25
common
10-14
10-18
f;
11-15
$20c
$$1.25
Lamp Co
&
9-30
9-30
9-30
10-31
$20c
$25c
Hall
10-10
•
-
.
Stores,
10-10
1
25c
Lime & Alabastine of Canada.
Quarterly
(C. M.)
.
*
n_
62'Ac
convertible
$5 preferred
1
11-1
$1
Corp.—
Rubber
Co.
10 10*
1
$1.50
(quar.)_____
Tire
9-30
1
933/4C
_
(quar.)
preferred (quar.)
i
Griess-Pfleger Tanning Co. - (quar.)
Gulf, Mobile & Ohio RR., $5 pfd, (quar.)__
11-10
11-
,
L.) Co., Inc. (quar.)___
Grlesedieck -Western- Brewery Co.—;
;
10-10
-
Co.
1
$1.75
87%c
Green'-4H.
.10-15
10-20
•
Ltd.—„.——
11-
-30c
(quar.)
$2.25: preferred
.10-10*
$3
(quar.)_,—_—_
Worsted,
Ltd
10-15
(quar.)
Grayson-Robinson
11-14
1
10-31
3-1*50
——_
Co., Ltd.—
convertible preferred (quar.)
Paper
10-15
1
—
preference
Grand
9-30
11-30
Paper
Industries
1
11-
(quar.)
3
10-20
$25c
certificates
Woolen
Donnacona
9-30
11-
Gotham Hosiery Co., Inc. (reduced)____
Grafton & Company,
Ltd., class A
•10-10
10- 7
Dominion
10-24
Investments, Ltd.—
preferred
"
,.
10-14
'
50c
Utilities
Rubber
Goodyear
1
11-
10-25
$37'AC
B
1
10-14
1
preferred
A
Goodyear Tire & Rubber,
10-11
1
:
(quar.)_
trust
Voting
$30c
$50c
(S.
Goodall
$1
common..;
class
11-
112y2c
McBean & Co. (quar.)__■
State Co., Ltd., common
(quar.)
preferred
fquar.)__
10-
10-11
Tar & Chemical Co., Ltd.—
10-
10-14
11-
$1.25
(quar.)
(quar.)
preferred
4%
15c
(quar.)
Steel
10-14
10-24
common.,
Brothers, Inc.,
5
-
Dominion
10-20
&
5%
Corp.,
preference
Golden
12-16
1
,
Dominion
in-2R
■
J
15c
••'
(interim)__
A.) Co., 5% preferred (s-a)
Safety Razor, common (quar.)
Gillette
1
11-
12-
■
11-1
10-14
10-28
American certificates
.
11-
10-20
31 'Ac
& Linoleum Co.,
11-24
11-15
quarterly
Tin
10-
-
11-15
60c
•(initial)—-.
common.,
1
10_28
12'Ac
(quar.)
'
A
10-14
12-
i5c
Transportation Corp.—
vwExtra, --r-,
5% preferred
Gerrard
>/ 75c
11-1
1
<-
7
12'AC
—-—•——«—•
class
1
25c
•
n_
iqc
■
common
preferred
Corp.—:
Public
10-
1-3-50
12-
12'Ac
___
(quar.)—
preferred
10-14
(quar.)
preferred
General
'•«'
25C
•
(quar.)—
Dominion Oilcloth
10-14
•
General_Shoe Corp. (quar.)
jpenqral Steel Wares, Ltd., common___
W" 1
15c
(increased quar.)
Dominion Malting Co., Ltd.,
11-12
in-?n
'
Tyust
inc.
Mills,
-Increased
12-15
m
-
pref.
1
10-28
/
A (s-a)
/
preferred C (s-a)
Motors
General
10-10
1-3-50
.
$37'Ac
Trust.—
redeemable
1st
12-
25c
12'Ar
$$1.12ya
$3.75 preferred (quar.)
General Public Service $6 pfd.
$5.50 preferred (quar.)
$4 preferred (quar.)
10-17
11-15
$17'Ac
(quar.)
——
12-1
$1.75
$5
10C
12-
$1
1
1
6%
2nd
37'Ac
20c
(quar.)_
.General
$1.25
(quar.)——
————
Co., Ltd. (quar.)—^
Co., Ltd., 6% pfd.-(accum.)
10-20
87y2c
common
5
10-
\
(quar.)——
(quar.)
fridge
10-25
87'Aci
.
pfd.. (quar.)
10-
Anglo Investment Corp., Ltd.—
preferred
Dominion
$l.l2ya
Gladding,
(quar.)———
10-17
,
$1-
(quar.U___
participating preferred
1
10c
Inc./—----.——
20c
.10c
/
(quar.)
preferred
11-
.:
held)
preferred
-5%
11-20
Fireproofing Co., 7% pfd. (quar.)I
Foods Corp., common
(quar.).
preferred
(quar.)____^
$3.50
;
5
10-
(quar.)_.———
Corp.,
1
11-10
10-
$1.25
Co., common
(quar.)——
Credit
12-
11-
1
1
(Irreg.)
Corp. (reduced)-—-——-—
Mines, Ltd—
——-/-_
Dome
$1.50
11-10
11-
8c
Mfg.
Domestic
.
\
.
10-30
1
(s-a)
Cup Co., common
class A (quar,)
Dodge
)
.
n_25
•&rra,1
General
$1.13
of N. Y. (increased) __^_—
Construction, Ltd., common—
$1.50 conv. class A preference
(quar.)_:_
Distillers Co., Ltd.—
■' '•
' *'*;•*
American deposit receipts ordinary (final)
Stock dividend (One share ior each two
Dixie
2
:
.
11-15
$4.50
$2.50
10-15
1
11-
-
Ltd.,
...10-15
.
,
130c
Mills,
•
1
5
12-
11-25
12-19
Shares,
12-
$1
7
9-30
$1
General
1
11-
Corp.
Dividend
5
12-15
1-3-50
<-50c
/,
10-
25c
1-3-50
45c
(participating)
Co.,
/
.
11-
V
Finance
3
11-
$1
Steel
shares
-
50c
v
(quar.)
..
■:
■.
11-15
_
(quar.)
Byers
9-30
11-25
-
.
".
Ltd.—
9-24
10-10
10-21
50c
.,
..
(irreg.)
Corp.
Co.
10-16
10-
'
25c
Investment
Diocesan
10-17
:
(quar.)
10-
47'AC V 11-
1
10-14
1
(Los Angeles)—
preferred (quar.)
3'A%
:
participating preferred (s-a)_
(W. S.): Clay Mfg. Co. (s-a)
6%
Dickey
,10-20
;
Gimbel
—
10-21
10-17
(quar.)7'Ac
12-17
Co.
15c
65c
4%
series
Baking Co.,
55C
(quar.)^'
——
10-15
1
•
(quar.)—:
Inc.,
preferred
50c
►
:
Light Co.
11-
preferred
12-30
&
10-21
conv.
$2
Match
Discount
11-1
Bullock's, Inc.
4%
10- 4
1
: 11-
,/;r.76C..k 11^15
•
Disher
11-
—
Burlington Mills Corp., common
3'A%
preferred (quar.)—
10-18
6c ,11-15
40c
—
10-31
,
/v
$3.60 preferred (quar.)
Products
Corp.______
Co
..
10-21
10-31
4%
$5
preferred
15-14
>,$$1.50
:
Forge
.
quar.)
$2c
10-20
$1.25
'
—.
(quar.)
Company
Buffalo
20c
10-18
10-31
5%
Mines,
10-15
:
Brockway Motor Co., Inc—___—
Brompton Pulp & Paper__—
10-15
10-17
Ltd. (resumed)
Denver Union Stock Yard Co. (quar.)——
Detroit-Gasket ,& Mfg. Co. (quar.),
Detroit-Michigan Stove, com. (resumed)
5%
11-1
/.
$$19.25
,
1
10-31
12-17
Power
Diamond
10-11
!
Co., Ltd.—
—$$19.25 ;
Co.— '•/<
11
*
10-15
•
(quar.)
General Electric Co,
50C
30c
10-31
.
.
(initial).
1
10-28
'
$150
Co
Malting
General
Inc.—
(quar.)———.
11- 1
20c
.
7%
.'25c
...
(quar.)
British Columbia Power & Paper—
7%
preferred .(accum.)
Pulp
11-15
A
,
(quar.)
.j,
5%
10-15
1
10-25
Vilbiss Co.-
10-25.
$1
"
:
1
.11- 1
25c
,
Columbia
7
11-
;70c
Special
British
10-
11-1
70c
Rubber
11-
12-30
Co., Ltd., class A
Rubber
Delnite
10-21
11-15
$62'Ac„
(quar.)
Trust
,
11-15
25c
...
(quar.)
Property
$4.25
11-15
—————
clas3
$2
10-20
;
25c
,
,4<,75c,,
_____—
Corporation
Co.
11-1
J0-28
25c
(quar.)—_____
Co.. (quar.)___
W.)
Boston
Boston
50c
50c
;(quar.).,
11-
*
40c ■,> 10-31
;;
Bloomingdale Brothers, Inc._____,—
Blue Ribbon Corp., Ltd., 5% pfd. (quar.)__
Bon Ami Co., class B (reduced)
Class A
(quar.)
Borg
50c
-
B
Dayton
10-14
<20c
Class
10-20
10-14
(quar.)
common
Leather
$1.50 :, 11- 1
;
preferred
(E.
3
10-15
25c
-50c
(quar.)___.
General American
General
80c
11-
7
$1-
Co.
Gardner-Denver Company,
4% preferred (quar.)
1
-
$1.06 y»
(quar.)
&
Gamble-Skogmo,
$2
Davis
1
10-18
12-10
;
Gair. JRobert) Company, 6% pfd.
$50c
11-
12-
,10-20
(quar.—
(Philadelphia),.
9-30
(quar.)
11- 3
11- 1
10-18
1
(quar.)_
•(quar.)_/______
Corp.
Froedtert Grain
90c
Drug Stores, Inc.
Davenport Water, 5% preferred
Davidson
Brothers,
Inc
11- 1
Stores
$2.20 preferred
Gabriel Company,
9
12-
70c
Cunningham
75c
••••>
Extra
Bliss
1
40c
-
__________
Co.,-Inc. (quar.)
Hedges, $2 conv.; pref.
I-
.....
10-14
'/.;//;• $1
(quar.)_^
_
&
Benson
10-
1
11-
/____-
Preferred
10-10
(s a)
12- 1
$12'Ac
——
(quar.)______________
-s
11-
1-3-50
50c
(quar.)
;
.—
Kleiser -C01
'■
10-20
20c
1
11-
$37'Ac
(quar.)___
Watch
Benrus
10-20
$50c
10-
.1856'A
Telegraph Co. (s-a)
Cos., Ltd., common (quar.)
Freiman
(A. J.), Ltd.,
common .(quar.)____
Co.
Corp
Corporation
1
(quar.933/4C
dividend
&
Franklin
!
Apartments, $3 prior pfd. (quar.)
$6 1st preferred .(quar.)
Works
11-
$1.25
Sugar Co.
Atlantic Sugar Co.—
preferred (quar.)
5%
-
5
10-20
—_
Cuban-American
8%c
—
Stock
Foster
1
$20c
—
(accum.)
common
11-
50c
Corp.* $3 pfd.
2
11-15
$1.50
pfd:-(quar.)_
com.
11-10
12-
1
t25e
prior-pfd.
Rubber
10-20
1
25C
Corp.__
(quar.)
&
12-
11-
6c
——
——
preferred
8%
Corp.—
Ltd., class A
Extra
7
-
.
Seal, Ltd., (quar.)——
8% preferred (quar.) —
&
10-
______________
*
11-15
Forster,
10-31
(quar.)
Steel
Cork
&
6
(k. Y.)—
Products Refining Co.,
Crown
6
10-
1-1-50
—
25c
(quar.)
Corporation
Iron
Corn
Crum
10-
10c
Royalty Oil, common (s-a)
Co., 4'A%
preferred—_—
—
1-3-50
12-
Fraser
55c
Co.—
Motors
1-10-50
10-14
$1.25
Franklin
12-15
$1.12'A
Gin
Quarterly
1-15
(quar.)
Extra
1
11-
,
10-15
2-1-50
Beaux-Arts
Belmont
4-15
$1.12
Bathurst Power Co.,
Extra
Baystate
3-15
5-1-50
$1.12
Hydro-Electric Co. common (quar.)
Innes, Ltd., $1 class A (s-a)_,
&
2-15
4-1-50
••
11-
10c
Container Corporation of America, coramon. : Yu ,.75c
i .•'£■•
4%
$1
preferred (quar.)
——
Cooksville Co., Ltd., class A (quar..)__tit.iu_«.-. s,; $i5C
Corn
Exchange Bank Trust Co. (N. Y.) —
1-15
3-1-50
(quar.)
—
Bangor
Bates
Consolidated
,12-15
J-l-50
2-1-50
4c
Works
Lobster
6%
Insurance
preferred
30c
$1.25
'
—
(quar.)
Co.
7y,c
(quar.)
Foi'bes & Wallace/Class B
(quar.»
Fort Pitt Brewhig
Co, (quar.)
*
12-31
10-31
Machinery: & Chemical—
30c
com.—
(Increased
preferred
Fund
Tire
3%%
10-10
10-22
Food
*
/
>
Co.
Products,
s
12-31
(quar.)
Continental
*'11-15
4c
—
Company
preferred
1
4c
Extra
Baltimore
10-15
(quar.)
Locomotive
preferred
preferred
Continental
12-
10- 6
TO- 7
9-30
$11-25-50
10c
A
Corp. -(quar.)
Department Stores,
Whlnut Street
15c
Inc—
Co., 7%
Consolidated
10-14
1
4c
—;
(monthly)
$4.50
Hotel,
Consolidated Edison
10-20
4c
___
(monthly)
Common
'$4.50
10-14
1
11- 1-r
11- 1
30c
Light & Power, $2 pfd.
preferred
(quar.)—:
$2.20
.
11-
4c
4c
______
Common
11-
; /•:. ;\v
• ■
10-20
'
10-17
10-25
20c
>
_______
•
Connecticut
10-20
11- 1
11-1
75c
;
Consolidated Natural Gas Co.
preferred
t'Common
Common
Concord Gas
Corp.—
(monthly)
Common
10- 5
$5
preferred
10-15
25c
International
11- 1
1
35C
.—
Commodore
$1.90
$$1.37'/2
11-
11-30
10-31
$1
Springfield Corp. * (year-end)
York Corp" $2 Pre'e"ed
(s-a)
Fitzsimmons Stores, Ltd.,
—
6%
1st preferred (quar.)
Florida Power &
Light, 4ya%• pfd. -(quar.)_
Florsheim Shoe-Co., class A
(extra)
Class
B-'(extra)__U.
*
12-30
25c
____
First
10-14
10c
Engineering-Superheater,
Edison
1
Fireman
10-15
——
Commonwealth
held.
_______
-
Insurance
10- 5
11-
1500
10-15
'. 11- 1
87'Ac
—;
10- 7
11-^^10-17
$1
11-15
1,
10-31
56'Ac
(quar.)——/
1
Ltd.—
(quar.)
Co., Inc.—
$1.20
convertible
Avco Manufacturing
Common
L_
__—
12-
^$1
:
10-15
10-15
(quar.)___
tconverWble-preferred
*•/
______
1
1
SEC
Fedders-Quigan
12-
10-10
1
Firestone
(quar.)__
pfd.
11-1
93%c
37'Ac
Fashion
1
—
(quar.),
11-
share
the
(quar.)
Brewing Corp., 4%%
Park, Inc., (quar.)_
12-31
(reduced)
10-17
$1
Falstaff
11-
;\ 90c
_______
Life
each
of
Associates
preferred (s-a)_
Railroad Co., $5 pfd.
Fibreboard
Co.-(s-a)
Quarterly
(quar.)
10-
-
11-30
20C
Combustion
Co.
preferred A
preferred
13c
5%
(quar.)—
National
(s-a)
Mass.)
Lines—
S.
-10-31
10-15
11-
20c
7
11-1
11-1
11-
Esmond Mills/ Ltd., 5%
pfd.- ^quajr.)
Fairbanks Co.* 6% preferred
(quar.)
Fall River Gas Wprks
(quar.)
10-31
Co._„
Inc.
lor
approval
Erie
■
10-14
10-15
15c
10-31
7
/
System,
stock
the
Group
1
j
10-25
$1,12'A
10-20
15c
Commonwealth
(quar.)
Refining
S.
to
n_
30c
(quar.)
11-10
10-20
I
Co.,« 4%%
Inc.
Gas
common
(quar.)
11-10
10-
—.—
Columbian
Indies
West
&
preferred
Atlantic
-
10-20
10- 8
4.35 %
Co.,
4%
preferred
(quar.)____^
Empire Millwork Corp. (quar.)
Equity Corporation common (irreg.)
10-10
1
11-10
Bottling (St. Louis) (quar.)/
Plow Co., Ltd.
(quar.)
Columbia
11-1
1
11-
10-31
(quar.)
,
12-
$5
i5C
common
Derrick & Equipment Co.—
4%
10-10
11-
25c
li
:
12-15
(accum.)
preferred
common
Emsco
'
__
Ltd.
Mills,
1
11-
10-20
-$1
(quar.)
B
Co.,
50c
<quar.)__
10-10
Stop Nut Corp. of America
Subject
11-15
25c
- -
Illuminating
(quar.)
Finance
12-
$1
Atlantic
s
Electric
Cockshutt
12-
$1
preferred (initial quar.)
preferred (initial quar.)
1
50c
'
Y.)
(N.
Homes
Breweries,
$2
2nd
$1.25
-
com._
(quar.)
Trust
Electric
preferred
$1.50
4%
Products
Employers
10-16
12-
37'Ac
common
(quar.)
Colonial
4%
11-15
50c
(quar.)
Products
preferred
Coca-Cola
Atlantic
*
Bank
Gas,&
Cleveland
<■.
.
11-25
25c
preferred
Club Aluminum Products
10-15
10-15
City Electric Co.—
preferred (quar.)—
12-15
A
Steel
50c
Cleveland, Cincinnati & St. Louis Ry.—
9-19
11- 1
11- 1
preferred
Inc.
10-11
Title Insurance Co. (N. Y.)
(quar.)
Multiplier Corp. (stock dividend)-
Coast
$22'Ac
$25c
(quar.)___
Extra
10-19
1-6
1
:___
Corp.—
Estate
Suburban
&
$4.50-
a5%
preferred
10c
10-31
12
20c
6%
6%
9-30
11-
115c
•
City Stores Co., common
Class A (quar.)
City
10-31
1
10-25
$1.12'A
10-31
Ohio Ry.," ^
preferred (quar.)
Molded
Cincinnati
12-19
1
2-2-50
Chicago Corporation
Electrical
Ordinary
Associated
4'/2%
12-23
15c
.
;
Associated
12-23
$3
(quar.)
common
11-
>
&
conv.
Chicago
10-11
10-11
12-19
11- 1
$1.12'A
National
Real
Chesapeake
'
'
40c
convertible
3 'A %
2
$17%c
(quar.)
Investment
Chase
v
.
$1.12'/2
Store
Store
10-22
11-
$1.05
Light Co. (Texas)
9-35
10-25
Eleetric Bond & Share Co. (stock
dividend) —
1/35 of a share of Middle South Utilities,
Co.
Chain
..
preferred (quar.)
preferred (quar.)
Belt
■>'•■■ 4'A%:
(quar.)
v
$1-50 1-31-50
1-21
Anderson Clayton & Co. (quar.).__.__L__—_
;
75c
10-21.
10-14
Anglo-Canadian .Telephone Co.—.
/ /./•/'.
■ r:'
4 '/2 %
preferred (quar.)—.
1
$56'Ac
11- 1
10-11
Appalachian Electric Power—
.■■■ /
/
•,
.
&
preferred
•
Chain
preferred
11- 1
Power
Chain
10- 6
10-14
"
$1.50
•.,•
Elastic
6
Paper
Central
.
11- 1
10-25.
50c
—__
'
preferred* (quar.)
6%
$1.25
.
.
6%
,
5
10-
10-31
120c
preferred (quar.)—
Co. (stock dividend)
Central
10-13
& Smelting
10-
(quar.)
/Central Ohio Light & Power-Co.—
10-10
10-17
Ry.—
Ekco
$10c
Corp.i
10-10
10-25
$150
Street
10-10
(quar.)_
Electric
10-25
30c
1
Corp
&
Co.
Massachusetts
25c
Gas
10-lff
$1.25
11-
(quar.)
Building Co.,
10-14
io_28
(quar.)
_'
Edgewater
25c
Hudson
pfd.
(quar.)
9-20
Common
10-13
25c
Coke
Electric
1st
10-10
Common
,
25c
Co.,
&
5%
10-31
$25c
(quar.)
l
87%c
(quar.)
Co.,
1
(quar.)
Hollywood
Central
75c
H* 1
10-17
$1.25,. 11- 1/10-17
/
,
Coal
Coast
4%%
Lamp Co., Ltd.
Companies (quar.)
preferred
Light
11-
(quar.)
Corporation, common
preferred (quar.)
5%
10-20
25c
________—
-----—-----—-
Cable
&
$1.75
preferred
Duquesne
$$1.25
common
11-
4%
10-25
125c
Ltd.,
Corp.
Holdera
Payable of Rec.
17c
11-15
$18%C
Celotex
11- 4
10- 7
;,
9-29
When
47
$1.12%
$4.50
10-10
Ltd.—
Co.,
Co.. (quar.)___
$31c
___*
Oil
Per
it
Share
Supply
$20c
(quar.)
Dredge & Dock, Ltd.
&
$3.50
10-14
1
11-10
Metals
$15c
,
(A. M.) & Company (quar.)_
Caterpillar Tractor Co., common...
4
11-
(quar.)
Castle
10-14*
-
10-28
11-30
common..
Lead
Wire
10c
75c
Ltd.
Sullivan & Furth, 6% pfd. (quar.)
Carolina, Clinchfield & Ohio Ry. (quar.)_
Carolina Power & Light Co., common
Carpenter Paper Co., 4% pfd. <quar.)__
Central
25c
Corp.,
Capwell,
Central
______——_————.
prior, preferred
Anchor
•
10-14
—
Converters
A
Quarterly
10-14
11- 1
11-15
,
Products
(extra)
Zinc,
Anaconda
37'Ac
(quar.)
Class
Canadian
10-20
10-20
11-21
12- 1
11-1
30c
__
common
Vitrified
Preferred
preferred (quar.),
Common—
Bottle
Thermos
American
American
11- 1
11- 1
Corp.,
American
5%
25c
$2.50
$1.12%
Refining Co., common
(quar.)
_—________.
preferred
1st
(quar,)—
Corp.__*
-
'
7%
11- 1
_—
4'A%
Canadian
11-15
10-27
1-10-50
_
Power
(s-a),
Bakeries, Ltd. (extra)
Bronze, Ltd., common
preferred (quar.)
5%
10-17
11-10
10-14*
10c
10c
common
Gas,
Phenolic
50c
:
Corp.
10-25
11-
15c
Canadian
10-20*
(monthly)-
(irreg.)
com.
(quar.)—
Co.
(bi-monthly)
News
American
11-15
$1.80
common
preferred
Canadian
3
.'11-30
(quar.)
Corp.,
American-Marietta
American
______
Products
,
$1.25
75c
___——————-
(quar.)
American
$1
25c
—
common..
(quar.)
co.
(quar.)
Motor
Y /
Northern
•
(stock dividend)
£
I.) de Nemours & Co.—
preferred
(quar.)______
East
Canada
*
(E.
Eastern
Foundries, Ltd.,
non-cumulative
"*»•
Corp.
Pont
10-15
11- 2
__
du
10-15
10-31
common——.
Duplan
10-31
1
12- 1
(quar.)
Corp.
10-31
11-15
1
10-20
(quar.)
Petroleum
American
11-15
11-
25c
_—
Corp., common (quar.)
Aluminum Co. of Canada, Ltd.—
62'Ac
62y2c
Co.
11-
$25c
75c
(quar.)
Inc
Stores
(quar.)_
common
Ducommon
J 30c
75c
10-20
9-30
$40c
6%
•
Name of Company
10-20
Canada Iron
<50c
Stores
Payable of Rec.
40c
50c
—
7c
15c
f 15c
Inc
Shoe
Reduction
Allied
11-1
50c
Equipment, Inc
Surpass
Alabama
I
-
<
Camden Fire Insurance Assn. (s-a)
Camp Manufacturing Co., class B (quar.)
—
Corp.
Affiliated
Air
$1.25
(1535)
Holdera
f
Cement
11- 1
12- 1
10-25
10-21
Inc.__
Straus,
Share
Corp.,
10-26
10-15
10-14
10- 5
10-14
10-31
10- 8
9-21
9-15
11-15
10-25
25c
.
When
(quar.)__
common
(quar.)
Portland
$1
Inc
Abraham
Agnew
Share
i__
Packing
preferred
California
When
Holden
Payable of Rec.
Per
,
F.,
Company
Oregon Power,
California
5%
Name o] Company
CHRONICLE
Per...
week, these being given in the
'
i
T.
FINANCIAL
we
preceding table.
A.
&
pfd.
(quar.)_
;
11-15
11- 1
$1.25
12-30
12-20
48
When
per
Name
Brick
Illinois
Power
4.70%
55c
11-
10-10
58%c
11-
10-10
Mutual
20c
11-
10-11
(quar.)
Co.
Co.,
(quar.)—
(quar.)_
preferred
Illinois Terminal
(increased)
common
—■->.
RR.
10-10
12-
8
11-
f 25c
1
11-
1
10-15
11-
1
10-15
group
Ltd.—
bond
and
Stock
25c
group—-------—'
International Educational Publishing
$3.50 preferred
(accum.)
International Nickel of Canada, Ltd.
preferred
11- 1
10- 3
11- 1
10-
50c
(extra)
(quar.)
12-
Johnston"
Kansas
11-
B
1
10-25
10-10
tt.)
(S.
Kroehler
&
Lamston
Lane
Bryant,
Rubber
Lee
Extra
Tire
New
Ltd.
Lincoln Printing Co.,
1
10-20
Newberry
12-
5
11-28
1-3-50
(quar.)
Insurance
5%
11-
1
10-20
Norfolk
10-20
11-15
.,
omnion
11-15
of
11-15
stock for each
ican
4
Northern
10-20
tic
11-
10-10
1
V9-30
1-2-50
12-22
4-1-50
37 tec
3-22
11-
1
10-11
50c
12-
1
11-10
12-28
12-21
11-
1
10-14
10-28
$1
.
10-14*
10-28
50c
1
10-15'
10-25
r
10-11
11-
1
10-18
10-31
25c
$1.12 te
9-30
preferred
5%
preferred
k Sons
Stock
Marine
2-21
12-10
11-24
3-10-50
20c
12■i
1
2-21
11-11
(quar.)
Public
1st
4%
Park
11-
1
<11-15
12-20
3-20
10-10'
11-
11-
1
t
1
10-14
12-15
11-12
10c 4-14-50
11-
$1.06te
1
4-
3
10-10
Stores
Ltd.,
of California
Merchants
Fire
(quar.)......:
Service
&
Michaels
Stern
Michigan
Michigan
&
4.40%
Gas
&
preferred
Mid-West
Inc.,
(subject
at
to
meeting
on
quar.)
approval
Oct.
4%% preferred (quar.)__
Miller & RhoadS, 4V4% preferred
Minnesota k Ontario Paper Co.
$6
pfd.
(quar.).
Mitchell
(Robert). Ltd—
Mohmouth Park Jockey Club—
1
10-14
11-
Montana
Power,
$6
preferred
(quar.)...
$1.32
cum.
Penman's, Ltd.,
6%
preferred
1
10-15
Cement
Co.
Mines,
preferred
Ltd.
10-15
3.60%
preferred
Philips-Jones Corp.,
10-15
Piedmont
43 %C
12-
1
$3
partic.
Morris Plaii
$2.25
preferred
(John)
&
Corp
preferred
Mount Diablo
of
America,
OH,
Mining
&
11- 4
11-
1
10-15
1
10-20
11-
10-20
10-
$1.12te
11-30
11-17
He
10-31
10-
5*
5
11-
1
10-15
5c
12-
1
11-18
5%
preferred
(quar.)
common
...
(quar.)___
Common
Co., 3.60% pfd.
preferred B
(quar.)
4.70%
Metals
1
10-20
10-22
10-31
10-
12-27
12-15
Standard
Silica
11-15
10-24
Standard
Steel
1-1-50
$2.50 1-15-50
$1.1"0 *
11- 1
12-31
11-
1
10-17
$1.50
11-
1
10-11
10-17
11-15
11-1
10-
11-
1
10-18
56tec
11-
1
10-18
11-30
11-10
7
11-30
11-10
10-15
62 tec
10-20
9-30
62 tec
10-20
9-30
Standard
3
11-15
11-
5
2-
3
11-15
10-17
11-
Co.
Class
Staten
A
10-17
1
10-17
10-17
11-
1
10-17
11-
1
10-if
11-
1
10-17
10-24
10-17
11-
$1.06 V*
11-
1
10-15
Sterling
&
11-1
10-14
Stone
10-29
10-14
10-29
9-20
1
1-3-50
12-
9
11-
1
10-10
11- I
10-10
11-
1
11-
1
10-17
11-
1
Brothers
11-
11-
1
10-14
11-
1
io-10
11-
1
•
-
.
10-10
Common
10-20
Power
$6
&
Thatcher
$2.40
Glaiss
conv.-
20c
10-25
10-14
Thomaston
11-
10
1
Mfg.
9-30
Toledo
10-20
9-30
Trane
1
10-11
11-
1
57c
20c
1-3-50
Co.—
Mills, ;comnion_-__
!
4te%
Edison,
preferred
10-10
Travelers
Insurance
Co.
(Hartford)
$3
pfd.
Corporation, 5%
preferred
(C.
Class
Regent
A.)
B
Company,
class
A
(quar.)"___"'
Ltd.—
preferred (quar.)
non-cum.
1
*
(Canada), Ltd.—
preferred
B
Natural
Raisin
$1.25
Cement,
partic.
.
(s-a)l
Brass, 5te"%
Robinson
$5
Cotton
Mills,
Rock
of
Corp;
Light
&
$1.31 te
United
(quar.)
11-
1
1
10-15
11-
1
10-15
10-25
10-15
10-10
11-
1
11-
1
10-14
11-
1
11-
1
10-20
10-r20
.10- 5
;ioc<
(quar.).___
$1.2550C
..11-
1
10-15
11-
1
V10-15
tlOc
•;
11- i
10-
3
tlOc
11-
10-
3
"" 725c
15c
1
12-15
11-
1
5
12-15
11-25
11-15
11-10
11-
1
10-17
10-31
".11-15
10-31
10-31
11-15
-
$12 tec
10-
.11-- 1
7
50c
11-
9
10-10
40c
10-27
10-17
11-1
10-15
;
12-1
10-11
87 tec
.
"V.'
-
Ltd., class A
$37c
$25c.
(quar.)__
&
Tool
Corp.,
class A
(quar.)_
Fuel
A
Ltd.—
.
preferred (quar.)
&
Manufacturers,
Merchant's
U.
6.
Lines,
S.
Transit
22tec
Universal
—
preference
(s-a)
____
5 %• preferred
Insurance Co.____;__
Co.,
10-31
10-11
11-1
$75c
—L25'c
4te%
class. A
10-15
1
10-11
11-
,7.
preferred (s-a)_______
Co. (quar.)—.
U. S. Radiator Corp., 6%
preferred (quar.)
United Steel Corp., Ltd.—
6%
10-15
.11-30
.i 15c-•;■.
Pipe & Foundry
United
,
1-2-50
12-
--75c
i' =75c
$75c
________
62 tec-
(quar.)_^
.
11-
11-30*
10-20
1
11-1
10-
if- r
HPT 4
12-1
11-1
-
5%
/Van
Knitting Co.—
prior1 preferred
Camp-Sea
Food
Vapor-Car Corp.; 5^
;
(quar.)
Co.,
.*
__i_
Inc% (initial )_J__
preferred
1
12-16
T-3-50
«■ 12-20
25c
-
:
12-13
■
Universal Leaf Tobacco -com.< (quar.) _i'____ '; '
30c
Upper Canada Mines,; " $2tec
Utfca
9
12-
j
Inc.—'
::
U.
'
>v~-10c; I
Investments,
".r
11-1
Tl-15
$2.50
B - (quar.) 4-—
class
6%
(quar.)
(accum.)
Quarterly
10-20
93 tec
I__
11-10
11-15
B-(quar.)i^_——
Drill
Class
10-15
11-
19c
:_.r
11-10
9
<
—
convertible-preferred
Realty Corp.—
Corporations,
Class
11-18
50 c
^
"
Ltd.:...-.—.
Power_____
:15c
(quar.)
pfd.
.
Ages
.
50c
(accum.)
Extra
Rockland
10-21
II
!___
preferred
A
10-21
15c
9
12-
92 tec
quar.)
Inc._—
Cities
preferred
United
(quar.)
class
1
1
5%
United
Gas
Paper Co._
$3.50
United
10-14
11-
$25c
12-
Cigar-Whelan Stores—
1
11-
-
(reduced
United
; 25c
.
10-
$1.12 te
—
California
10-20
50c
,
1
20c
——
Chemicals,
10-28
777$40c:
11-
:
25C
____—___—
Canada
of
of
11-16
87 tec
United
J0-13
1.
Co.
6-15
1
Missouri—
10-18
11-
12-
3-15
12-
$6
1
United
Copper &
Rice-Stix,
Inc.
(quar.)
1
Rich's, Inc.* common (guar.
3te%
preferred (quar.
River
Gas'Co.
■"
Mills,
of
Co.
preferred (quar.)
$3.70
(quar.)
preferred
$4.50 preferred (quar.)
Oil
11-10
(quar.).
5% redeemable preferred (quar.)
Republic Investors Fund, Inc.
6% preferred A (quar.)__
6%
Electric
Union
11-15
11-
12-15
4-1-50
6-26-50
100%
_______
$3.50
Union
50c
1
dividend _1—___——
1
75c
i.
Knitting
$1.60
Stock
10-31
50c
(quar.)
10-15
$4
:
T.
""
(quar.)_.
10-31
1
11-
50c
(quar.)
i.;
common
11-15
1-3-50
60c
62 tec
d50c
Quarterly Distribution Shares......
Quebec Power Co. (quar.)
Pile,
Inc.. (quar.)
1
10-10
1-
(quar.)——
Company
9-30
Concrete
IT-
11-
$1.06 te
(quar.)__—
10-14
Co.,
'10-14
11-15
1
/
11-15
11-25
10-17
10- 4
11-10
50c
i_
10-20
125c
1
11-
-
15c
11-
11-
10-20
15C
:
—_____;_
20c
5
5
9-26
10-10
'
Union
11-
-
1
$1.75
(quar.)
11-15
.11-30
11-
-
11-15
;14c
11-
10-25
$1.50
1
$1.50r
10-11
10-20
1
11-15
.-25%
1
.
12-16
10-21
11-
50c
t
.
12-
....
7
,
(quar;)__i_
12-
preferred
7
10-
25c
Corp.——
pfd.
$1.10
.
7
10-
10-17
31 tec
•
$4c
$1.12te
$1.25
10-11
•
....
%
10-
11-1
50c
10-20
11-
10-
1
11-
5c
9-29
90c
11-1
V
-
(quar.)_
$2.50 conv. pfd.
Company,
12-15
11-28
.
preferred
Common
Thermoid
10-17
12-31
12-12
-
-
Chemical
&
Light, 7%
(quar.)
preferred
10-
$1.17 te
11- 1
25c
•
——
dividend)
(stock
Products
Tennessee
5
.
Stores; Inc.
Transmission—T
Gas
10-20
1
10-10
(quar.)__^_
Electric Motors, Inc.__——
Stern Textiles, 4te%-pfd.
(quar.)_
75c
10-21
■
•
Strawbridge & Clothier_____=-_____
Wells Corp., $1.25
pfd. (quar.)_
Sullivan Consolidated Mines, Ltd.___s.__.
Sun Oil Company, 4te% class A pfd. (quar.)
Sunshine
Biscuits,
Inc.
(increased)
Super Mold Corp. of California (quar.)
10-17
5
10-20
11-15
tlOc
Struthers
10-10
11- 1
10c
12tec
$1.75
;
Tennessee
9-30
10-15
$15c
Container Corp
50c
9-30
"11-
1
(accum.)_
$1.22 te
V 4.90%
preferred
(quar.)^_________i.__^
Stecher-Traung Lithograph Corp. - -r • * - V: * ^.'''r,.
5% ? preferred
(quar.)
:
—$1.25
Steel Co. of Canada, Ltd., common (quar.^
: ;-t75c
7% participating preferred (quar.)__—$43%c
Participating
$31teC
1
10-
9-30
10-25
-10-25
50c
(quar.)___
Edisoh Corp.—
12-
1
$1.50
(quar.)
Island
Sterchi
10-15
1
Co.—
11-1
10-20
11-
$1.75
(quar.)
10- 3
11-
11-
75c
$56tec
(resumed)~c
Corp.
1
1
11-15
1
.•
Spring
preferred
conv.
10-15
1
1
pfd." (accum.)
Light, $7 pfd.
Products
11- 1
>.12-
11-
Stanley Brock, Ltd., class B^iaisissi
5
2-
&
10-15
$1.25
preferred -(accum.
Power
10-20
11- 1
$1
pfd.
$1.06 %
4te%
Riverside
10-31
prior
12-1
4.40%
Republic
10-29
$7
12-15
11-
4V2%
Standard Gas&Elec., $6 prior
7
11-15
Ltd7
Co.,
li- I
Colorado—
quar.)
10- 5
11-15
•
(quar.)
preferred (quar.)____
Puget Sound Power & Light Co. (quar.)_^._
Putnam
(George)
Fund
(Boston)
Quaker Oats Co., 6%
preferred (quar.)___
of
10- 3
10- 5
10-31
-
55C
Trinity Universal Insurance Co. (quar.)
Tung-Sol Lamp Works, Inc., 80c pref. (quar.)
10-20
11-15
Fuel
\11- 5
2-15-50
Sons
&
10-14
Reed
12-15
R.)
11-10
Reece
9-30
(E.
75C
America.
}10-5
10-31
7 11-
(quar.)
(quar.)...
12-10
50c■
92tec
:..
(quar.)
Standard
6c
10-10
12-20
' 40c^. 11- 1
50c > 10-31
11-
$1
10-14
i;
: 1(T-15
1
.
(quar.)ii__i.^._______^____
preferred
1
15c
60c
10-15
10-25
97 tec
j
11-
.
11-15
40c
$1.03%
(quar.)_
1
10-20
10-15
preferred
$4' preferred
(quar.)
;
$4 preferred series A (quar.)
Standard FireTns. Co. (New Jersey)
17 tec
*
10-10
10-14
50c
$30c
55c
10-15
90c
1
-
,
1
10-31
1
•
12-
Rayonier,
10-31
1
1
$1.25
•
~
11-1
1
(quar.)
11-
$1.10:
'
11-
Co.—
■*
Squibb
$1.07te
1
,
$25c
7
Co.—
11-
Reading
11-
Telephone
Service
10-15
$1
•
$20c
J30c
(quar.)
Public
25c
Raymond
10-25
of
Co.
Common s (increased
10-25
$1.06 te
Associated
preferred
65C
Public Service
10-31
11-10
$2.20
1
95c
11-
V
:
$1.20
11-
$1.50
10-18
*10-14
..
28tec
(quar.)
(quar.)____w_.
5% pfd. (quar.)
Edison
10-31
lc
Mountain States Power,
10-14
: .15c
12-10
12-10
11-25
t30c 7
10c
__
(quar.)__
...
50%
*12 tec
Ltd
11-15
Southwestern
preferred
Ry. (quar.).
Pierce Governor & Co. (reduced)..
Pioheer Petroleum Co., prior pfd. (s-a)
Pressed
11-15
Development
^Co. (quar.)
Mount Royal Rice Mills,
Southwestern
$1
Potomac
lc
10-12
preferred
'
1-3-50
1-3-50
i
_i___
4.15%
;
10-20
5c
1
10-12
1
Texas
1
75c
common
(quar.)
10-15
1
Co.r Ltd.- (quar.)
(quar.)
tic
11-
11-23
preferred
Stein
10-20
10-11
4.8%
87 tec
1
1
(quar.)_^_i__
$1.10
11-
12tec
;
10-15
3.90%
Northern
Revere
(quar.)—.:
& Company—
1
Power
3.70%
Pittsburgh Screw & Bolt Corp. (quar.)
Plymouth Cordage Co., common
Employees stock
12-15
preferred
Canada
Standard
quar.)
-12-10
Indiana Gas & Electric Co.,
33c 2-15-50
10-20
11-
convertible
3
(quar.)
(quar.);
1
25C
4.56%
Southern
33c
(increased
12-28
28c ;
Southern
5%
(quar.)
7tec
(quar.)
10-20
Pennsylvania Salt Manufacturing—
3te% preferred A (quar.)_
1
9-30
preferred
9-30
25c
pfd.
10-10
:r
convertible
11-
92 tec
12-
10-25
-
4.48%
11-
T $ 1.50
12-15
-
9-30
11-
t75c
1
40c
-
(quar.)
10-14
(quar.) ___________
(quar.)____I..___.i._______
1
8
31tec
Canada, Ltd.—
10-
common
12-
(quar.)
10-15
*
12-8
12-15
(quar.) ^
Ltd., 5% pfd. (quar.)__
;
Sinclair Oil Corp.
(quar.)__-___L^_-^.^_i.^i.
Sibley, Lindsay & Curr Co. (quar.)__
Slater (N.) Company, Ltd., common
Sloss-Sheffleld Steel & Iron- (quar.5
Smith (A. 0.) Corporation (quar.)_
^
Southern California Edison, common____:
10-31
25c
preferred B (quar.)
Pennsylvania Power Co., 4.25%
4%
of
11-
4.40%
Gold
common.iisii»
11-15
Pennsylvania Electric Co. —
3.70% preferred C (quar.)
Permanente
Corp.,
10-20*
62 tec
12-31
>.;40c
(quar.)_i.____
:25c
10-28
(quar.).
12-
$1.25
preferred
Delaware
Corp. of America
50c
(quar.)
preferred (quar.)
preferred (quar.)
cum.
of
10-11
15
-7 tec
50c
preferred
11-
Mobdy's Investors Service—
Mot fell
10-14
11-14
v.
12-31
Common ^
4%
preferred
cum.
11-
$1.20
(qiiar.).
10-31
(quar.)
cum.
Reltman's
5%
preferred
(accum.) ___'
Monongahela Power Co., $4.40 pfd.
4.80% preferred B (quar.)
10-15
12-1
...
Shirriff's,
Telephone
50c
t50c
10-15
fO-29
Philip Morris & Co., Ltd.—
75c
$1.50
10-29
$1.12 te
.
Mississippi Power & Light,
10-14
■"
11-
■
20c
11-15
11-15
non-cum.
Co.
35c
10-14
25c
(quar.)..
10-14
1
^
1
11-
25c
1
11-
60c:
(quar.)
1 *
of
24).__
11-
Co
$1
$1.18%
(increased
common
dividend
stockholders
10-20
$1.25
1
$1.50
<
.
1
150c
11-
11 15
11-15
$1.10
Co.
9-30
11-
60c
12-
1
1
—
(quar.)
Abrasive
Shoes,
Stock
(quar.)___
10-20
,20c
12-
1212-
20c
(quar.)
Electric Co.—
10-14
12- 1.-11-14
.
25c
V'
•
Common
10- 3
28 %c
$4 non-cum. 2nd preferred (quar.)_.
Philadelphia Electric Co., 3.8% pfd. (quar.)
4.3% preferred (quar.)
4.4%
preferred
(quar.)
75c
93%C
115c
preferred
Co.,
1
10-26
17 tec
Philadelphia Co., common (quar.).l
6% preferred (s-a).
Philadelphia Dairy Products Co.
9-30
10-19
10-18*
10-18*
Corporation
Sheraton
...
Inc.
10-15
10-25
11-10
1
1
25c
Sherwin-Williams Co.
Parmelee Transportation Co. (quar.)____
Paymaster Consolidated Mines, Ltd.—
$1.32
Co.—
l___i
Extra
Seagrave
'T'
,e
12-10
50C
&
Bakeries
10-14
10-14
Transport Co.—
10-31
Co
1
11- 1
RR.
5% preferred (quar.)
Shawinigan Water & Power Co.
(quar.)
12-20
(quar.)—...—...
Company
Copper
11-
$1.25
11-
vtc
Oil
1-18
11-
$1.07te
(quar.)_^__.
32 tec
Co.— ;
Petroleum
7c
Y.)
(N.
(quarJ
MeTcury Mills, Ltd.
Meyercord
Corp.
$1.25
!
.7-18
91 tec
!
(quar.)__=._
Line
5% scries A
Seaboard
4-18
8-1-50
>'. 85c
$1.25
50C
__
10-14
(quar.)
Perron
...
1
0-1-50
.
$1.25
10-14
85c
11-
_:
1
37 tec
Assurance
$1.25
Common
(Del.)—
11-
93 %C
10-15
27tec
27 tec
(quar.)
Go.
m.75
10-14
■
1
common
11-
30c
11-
$1
t$l
(quar.)
93%c
20c
10-31
—
(quar.)
Co.
Air
$1.31te
11-15
30c
Co.
Stores
Seaboard
common
50c
Mercantile
10-20
$1.25
25C
Extra'
McLellan
11-15
(quar.)
75c
(quar.)—
Electric Co.
(quar.)..
Electric
85c
common
t$1.25
2
preferred
preferred
Scranton
tic
Davis
Common
4
3.65%
4.30%
10-20
10-14
10-20
10-18
V
$1
-
Co., (quar.)^_>i
50c
Corp.
Tilford,
12r23
10-
10-20
1
10-15
1
11-10
11-
2-1-50
.
—-
pfd.
10-15
27tec
(quar.)
1
50c
preferred
&
Parke
1
$3.40
1
11-
50c
•=.
9-23
11-
27tec.
(quar.)^
Manufacturing
11-
.__
preferred
American
11-
preferred
11-
(quar.)
tlOc
—
preferred
McGraw
Mires
Pan
Paper Co.,
$4
(quar.).
Finance
Scott
SCovill
Co
Pacific
Pacific
4
10-15
25C
Company
12-21
10-18
t3c
Corporation
Miami
preferred
Elevator
Outlet
Peninsular
1-3-50
$1.06 te
——
(quar.)
.—
McClatchy Newspapers, 7% pfd. (quur.)_—
McColl-Frontenac Oil Co., Ltd.—
4%
7%
Otis
11-
10-15
Resumed
tl5c
preference (quar.) ——______
McCabe Grain, Ltd., class A (quar.)..
$3
(quar.
1
(quar.)
Co.,
Ontario Steel Products Co.,
10-21
4-1-50
Trust...———
Maytag Company, $6 1st preferred (quar.)..
A
10-31
<
110c
(quar.).:
preferred
V
11-19
12-31
$1.50
—
Department Stores Co., com. (quar.) —
preferred
(quar.)—
$3.75 preferred (1947 series)
(quar.) _____
$3.40 preferred (quar.)
A
5V2%
_______
10-31
1-1-50
(irreg.)-
$3.75
preferred
4
15c
Oliyer Corporation, 4te% conv. pfd. (quar.)
Oliver United Filters, class A (quar.)
11-30
$5
May
Class B
Company
$1.30
.
Marshall
McCall
Okonite
11-
25%
Investors
Electric
1
,
dividend
Massachusetts
&
12-
50c
Magnesium Products Corp.
Field & Co.
(quar.)
Gas
sinking fund series
62 tec
common..
5te %
11-
1
1
.
10-14
11-
i
5-
11-
..
15c
t20c
<quar.>__
20c
preferred (quar.)
preferred (quar.)....
$1
(R. H.) Co., 4'/,% pfd A (quar.).....
Corporation, Ltd., 5% pfd. (quar.)
Company,
Oklahoma
5%
3-10-50
&
11-15
11-15
i
2-
Mining
Schenley Industries; Inc. (quar.)
____!
Schwitzer-Cummins, 5te% pfd. A (quar.)___
-11-
11-
12Vic 2-15-50
10-31
J
10-11
12-10
7
' 10-
'
,
12 Vic
Syndicate, Ltd-.—;—.
Company, Ltd., class A (quar.)
Class- B
10-14
10-
25c
Common
$1
Mailman
4
12-
5
>.
-
-
Arabian
Scarfe
'
(quar.)
1
15C
Gas & Electric—
yr
preferred (quar.)
Maeassa
Mines, Ltd.
(resumed).._—
MacKinnie Oil & Drilling, common—______
Macy
Co.,
preferred
11-
Luzerne County
Maltine
5%
preferred
(quar.).
(M.)
Nunn-Bush Shoe
5%
$4
4te%
4
11-15
t7c
> ■
s.
A
(quar.)
10-11
$1-10
9-23
50c
Engineering
87 tec
.
4
lOr
10-
12-15
$1.25
—
preferred
...—
1
62teC
Lotoenstein
'
11-
3
Saudi
2
(One share
Co.
common
preference
50c
pfd. (quar.)—.
10-
10-25
10-25
t60c-
'■■■"
-
5te%
(quar.)___
(Minn.),
Inc.—
Airlines,
10-24
$1
$6
10-25
t50c
'
' t$1.50
Ltd.______
10-14
11-
1
50C
Louisiana Power k Light,
com..:.
9-30
9-30
12 tec 5-15-50
Mines,
10-31
Works.
11-
50c
(quar.)
(quar.)
4
1
1
1
9-30
(quar.).
Coal
30C
11-24
1
12- 2
12-
Gold
97 tec
10-14*
11-
96 tec'
(quar.t.
10-
1111-
(quar,)____
Antonio Transit
Quarterly
Quarterly
Quarterly
75c
5 te %
Dock
5%
Extra
4%,
5
11-
held).
Engineering
Northwest
10-15
11-
Antonio
Ban
shares of North Amer¬
10
convertible
10-31
1
11-15
$1.10
Co.
4.6%
11-1
56 tec
——
Ltd.,
Ry.*
A vtc
Securities Acceptance
dividend
Northern States Power Co.
11-
31 tec
10-20
preferred
conv.
San
5
12- 5
Co.—
Kentucky
common
Northwest
—-—
8% preferred (quar.)
Longineo-Wittnauer Watch
Lorain Coal &
West
4
—-—
Francisco
10-19
,
Co.
1
10-
*
—
Ry.
liquidating
1
10-
Co., common——
.—.
American
Partial
10-31
—
Louis-San
$1.18%
(quarT
...i.
(quar.)..
series B
adjustment preferred
North
10-31
—
(quar.)
4%
pfd.
series A
Western
12-
30c
—-
Inc.
2nd preferred
2nd preferred
&
3%%
Co.,
12-
$4
Sommon
1
Co.—
Groceterias,
Joint Pipe
9-30
11-
J.)
(J.
$1
—
Original capital —i
Original capital
Special guaranteed (quar.)
Special guaranteed (quar.)
Loblaw
10-20
$25c
(quar.)..—
Company
Little Miami RR.
Loqk
5%
1
25c
(quar.)—_———
preferred
$3.50
Link-Belt
12-31
11-
15c
'
Co.,
10-31
Niagara Hudson Powei; Corp.—
5%
1st preferred
(quar.)...........
$1
$1.50
common
1-1-50
(quar.)___
11-
(quar.)
Life
National
Lincoln
Inc.
10-20
■
Brothers,
Co.,
1
$1.25
Lees
Lewis
Merchandise
11-
—
(James) Sons Co., 3.85% pfd. (quar.) >
Lefcourt Realty Corp..;
—...
Lerner Stores Corp., 4te%
pfd. (quar.).—
Bt.
Mills
10-25
t40c
preferred (quar.)
preferred (quar.)
12-
10-29
47 tec
preferred (quar.)
Water Co. (s-a)___
Brothers, Inc., 4%% pfd. (quar.)..
England Fund, certificates (quar.).
95c
4te% preferred (quar.)
(quar.)
—
Inc.,
10-11*
Paper
9
10-4
t$1.75
2nd
10-18
3.8%
Neisner
87 tec
—
___
1
1st
53 tec
(quarj-
preferred
4te%
Co.,
New
Co.,——
&
Tea
York
(s-a).
Machine
Landis
ll-
Lawrence
37 tec
(quar.).
York Power k Light, 3.90% pfd. (quar.)
York State Electric & Gas (quar.)
20c
preferred
$2.40
12-
10-25
tl8%c
12 tec
Co.
New
$3
$6
$6
10-14
(quar.)
5c
New
$1.12 te
Inc.,
10-20
10-15
I '¬
preferred
}50c
10-25
$1.50
pfd. (quar.)
(quar.)....
1
1
$1.50
(quar.)
10-11
37 tec
Company
H.),
(M.
preferred B
10-18
Co., 414% Pfd. A (quar.)___
Mfg. Co., 5% pfd. (quar.)
Mfg.
6%
1
5%
Plante-Choate
La
Co.,
1
——
$1.50 preferred (quar.).
Water Works, 6%
11-
8c
11-15
,
2nd
11-
12-15
(quar.)..
11-
—
(quar.)
St.
75c
11-
-r/440c^ -1^3-50
—.—_
11-
——
$1.50 preferred
Kokomo
Kress
(increased)
Investors
Corp.
Tank
National
2c
semi-annual
Company,
St. Lawrence Flour Mills Co., Ltd., com. (quar.)
7% preferred (quar.).
-.
Ltd.—
87 tec
City
preferred - (quar.)
preferred (quar.)—.--———-----—
Kellogg Switchboard & Supply Co., common
5% preferred
(quar.).
.
Kennedy's, Inc., common (quar.—
Kirkland Lake Gold Mining Co., Ltd.—
Reduced
Mills,
93%c
3.80%
Kirsch
10-14
12-15
Naugatuck
4%
10-14
t50c
10-31
$2.50
(quar.)
National
11- 1
$1
—
Inc
10-31
1-1-50
__
1
$1.50
(s-a)
(s-a)
Lead
11-25
6% pfd. (quar.)
Power & Light Co.—
(quar.)
1
5%
10-15
20C
Fund,
Mutual
preferred
11-
50c
(quar.)..
Stamping Co.-(quar.)
Steel Car, Ltd,
(extra)
1
joplin Water Works,
50c
t$1.06
,
,
11-15
15c
1st pfd.
preferred
National
1
,
1st
7
10-10
(quar.)
11-
U5c
5%
2nd
National
12-
-r:
Royalty (s-a)
Johnson Ranch
Corp.
National
11-
$1.06 te
■—
——
$2
20c
20c
—
1
75c
1
12-
10-15
dividend).
preferred
7
10-25
Lawrence Corp.,-Ltd.—
25c
(quar.)
Co.
11-10
20%
:-
A
3c
Common
10-15
convertible
10-
10-
—_
$1.25
30c
56 tec
(quar.)
Y.)—
Products
Corp.,
Hosiery
Class
11-14*
1
1
Oil Refining,
Common
National
National
11-
(quar.)..
preferred B (quar.)___...-i.—
2nd
10-
:
St.
Welding Machine Co.—
non-cum.
10-14
12-15
>
20c
Power k Light—
4%
preferred (quar.)
———-—Jewel Tea Company, 3te%
pid. (quar.) —
Johns-Manville Corp., 3te% pfd. (quar.)___
ate %
(s-a)
2c
National Erie
1
12-
25C
3
$1.25
Johnson & Johnson, com. (stock
4% 2nd preferred A (quar.)..
National Electric
1
11-
7 tec
__
10-25
&
10-18
94 Vic
(accum.).
Holders
Payable of Rec.
10c
Saguenay Power Co., Ltd., 4te% pfd. (quar.)
—....
Bank
National Distillers
Class
—
Jersey Central
Johnson
10-31
t8%C
(quar.)—
A
(quar )
B
10-31
t$1.75
Stock
Preferred
12-31
30c
com.
Mfg.
(N.
3%
Corp.
(increased)
Iron Fireman Mfg. Co.
(quar.).
I»c.,
t25c
Building Co., 6% pfd.
W. Pine Foods, Inc.—
4%
When
Share
~
30c
Intertype
Knitting Mills,
dividend
11-23
Quarterly
Co.—
preferred ($100 par) (quar.)
7% preferred ($5 par) (quar.)
International Resistance Co.-—
6% conv. preferred (quar.)
International Utilities Corp.
(quar.)
5%
11-25
10-31
12-12
S.
'
7%
Jantzen
11-21
25c
——
— -—
_*
Battery Co
National Chemical &
National
City
9-30
12c
National
15c
12-15
(Hawaii) —
(quar.).
Utilities, Ltd.
Narragansett Electric,
4te%
pfd.
Nathan
Straus-Duparquet
(quar.)
National Aluminate Corp.
(quar.)
1
12-28
10-31
A
9-19
11-
Per
Name of Company
Roper (George D.) Corp. (resumed)
Royal Dutch Co. (N. Y. Shares)v (interim)
11-17
1
10c
Inc
10-15
10-28
12-
$1.50
Fund,
Nanaimo-Duncan
10c
preferred (quar.) __—-r—
Brownhoist (quar.)
preferred
Holdert
Russ
(quar.)
Investment
9-20
50c
Industrial
Aviation
10- 3
25c
Incorporated Investors
Associated Telephone—
Institutional Shares,
preferred
50c
(quar.).
Monday, October 17, 1949
Payable of Rec.
...
.
of America—
Co.
Mutual Telephone Co.
4.8%
Indiana
$2
6%
Chemical
Mutual
(quar.)
preference
11-
.
Imperial Chemical Industries, Ltd.—
Ordinary
(interim)
Imperial Tobacco Co. of Canada, Ltd.—
4%
Share
Name of Company
Muskegon Motor Specialties Co.—
$2 class A convertible preference
10c
When
Per
Holder«
Payable of Rec.
Share
of Company
Illinois
COMMERCIAL & FINANCIAL CHRONICLE
THE
(1536)
(quar.)_
.
11-15
10-14
-
9-30
*
1-2-50
it-22
25c
li-T
I*T 5
$1.25
12-10
12-
82%c
1
10-31
4
'
1
-
Volume 170
■'
Name of
Vi/.-' '.y'/-
.'•/*
\' '
Company
"
Vertientes-Camaguey
Sugar Co. of
Quarterly
Virginia Iron, Coal & Coke Co.—
4%
THE
Number 4847
convertible
Per
6 Months
Cuba-
Net
50c
preferred (quar.)
11- 1
10-15
FINANCIAL
Ending June 30—
sales
from
strapping
tools
9-30
1
2-1-50
37 tec
7 37tec
■::
35c
Warren Brothers Co., 5% pfd. (quar.)——
62tec
Washington Gas Light, common (quar.)——
37 tec
$4.25 preferred (quar.)_
.
$1.06V4
4-17
Virginian Railway, 6%
6%
preferred
6%
pid.
(quar.)
(quar.)
preferred
—7
(quar.)
6%
preferred
(quar.)
Vulcan Detinning Co., 7%
;
1947
$5,965,940
and
Period End. Aug. 31—
and
other
Operating
,
398,936
"317,602
195,756
84,832
111,970
11-
1
Uncollectible
1
10-14
,11-10
preferred
Balance
10-15
11-1
10-20
preferred
5%
A
preferred
Western
31 J/»c
—
»■
7
&
4%
prior lien
Brothers'
preferred
Wisconsin
6%
$1.25
1-3-50
12-15
11- 1
10-20
10-21
15c
-
11-15
11-
'
—
.—
Rubber_
Wilbur-Suchard-Chocolate
$5
.—
2-
Other
U.
In
service
10-31
Other
10-20
with
to
FINANCIAL
OF
56
cents
and
respectively. r'tfS
POSITION
—
1
10-15
Current
1
10-20
Funded
10-20
Customers'
10-15
Reserve
1
1,142,653
2,235,077
116,728
85,094
machines:
1,324,150
customers
and
1,610,136
3,398,088
assets
524,869
486,201
1
10-
1
Preferred
1
Common
1
10-
1
Payment
for
Total
Cost
stock
com.
in
in
the
of
excess
Costs
2,057
shares
issued
are
it
announced
and
was
the
Oct.
dividend
25
Oct.
date,
374,000
1,432,644
Refund
general
Other
made.—V.
also
was
169,
year-end
2533.
p.
of
payment
20
•
per
y i ,!,
Sioux City Gas & Electric Co.—-Earnings—
(Subsidiaries Not
12 Months Ended Aug.
Operating
Operation
Company
presently
debentures
fund notes
due
due
Nov.
Nov.
provide
obtained
it
in
with
and
1959,
$200,000
4%
desires
funds
capital.
the
of
purchase
to
working
the sale
1,500
new
Such
to
are
stock
Fed.
705,122
588,167
tuxes—
income
559,426
,498,627
449,879
2,073,779
245,743
298,905
.
(net)
$1,053,112
$1,606,947
271,460
$1,423,583
$1,502,354
income
$1,180,857
426,090
$1,781,626
279,272
;
Dividends
*
accrued
pfd.
on
stock.
$1,335,487
148,206
of
the
$1,187,281
per
garding the sale thereof.
—V-
170,
SKF
Sears Roebuck & Co.—September Sales Decline—
This
1949—8 Mos.—1948
$209,651,897 $216,781,841 $1,436,197,172 $1,532,680,512
common
^
\
^
'
'
'
■
f1.
v
•
!>»
V
i
r
i
' 'jV" !
'
,*•
-
•
Sharpe & Dohme. Inc.—Wage Agreement, Etc.—
A
unique
and
their
hour
this
and
comprehensive
immediate
the
were
of
an
health
voluntary
dependents,
features
plus
wage
a
plan
of
5
Oct.
on
employees
for
increase
reached
agreement
cents
corporation
cording to
To
356,814
a
mittees.
Cost
Dohme's
the
health
employees
company
who
insurance,
in
the
United
United
are
which
designed
is
States
and
nationals
States
shared by company and employees.
for all
Sharp &
the parent
of
employees of
foreign
in
service,
will
be
The new contributory plan includes
hospitalization and surgical benefits, doctors' fees for both home and
calls, and diagnostic laboratory fees outside the hospital.
It will
office
effective
become
Jan.
1,
1950.—V.
170,
1338.
p.
$3.32
The
168,
declared
payable Nov.
stock,
paid
company
—V.
have
directors
common
10
dividend
a
15
on
July
25
cents
record
31
and
per
share
Oct.
Dec. 20;
24.
$1,354,148
428,176
share
r
$3.16
and
per
1948,
since.
Trust—Earnings—
1948
1949
received
1947
$26,349
$2,382
Management & admin, fees & exps.
1,913
$25,579
5,9o5
6,014
16,275
Oct.
on
tons
in
'of anti-friction
heart of France's
the
11
loss.
27,000
28,800
28,800
deficiency—________
$26,531
$24,690
$25,510
Net realized loss from sale of invests.
105
Crl2,315
Cr 1,821
on
senior
Interest
on
junior notes.
Net
income
debentures
-
Net loss for period
—V.
p.
$26,636
$12,375
$23,689
."V
announced
•Net
No.
income
of capital
Earned
per
'After
1S49
bearings
be
to
Lorraine iron
receipt
installed
ore
of
in
a
order
an
hot
for
strip
1947
shares___
share
1946
$1,167,979
$995,416
$793,964
810,562
805,835
311,775
t799,220
$1.23
$1.00
$1.35
$1.45
and
charges.
tAdjusted
split in January, 1947.—V. 169, p. 2425.
to
reflect
five-for-one
profit
(Canadian
above.
Period
Corp.
of
America
End. Sept. 30—
Sales
The corporation and
„
(&
U.
S.-built
equipment
the ECA.—V. 170,
204,467
1S49—Month—1948
$3,720,194
stock
Subs.)—
1949—9 Mos.—1948
$3,602,740 $25,202,005
for
the
French
mill
is
being
during'September, 1349, compared with
p. 14C2.
323 units
a
operation
year earlier.—V.
Nil
share
$227,904
165,265
;
$0.75
of
$47,516
subsidiary)
.-.o,:..;
,
reported
for
v
the
by
Backstay
ended
year
^
.
June
Standard
30,
Co.,
1949
not
rrw
'1
'
V
,
BALANCE SHEET AS OF JUNE 30
'
V
1949
;
1948
$1,300,540
$559,282
(less reserve of $30,000)
1,154,997
receivable
receivable
Miscellaneous
78,280
1,525,657
1,288,094
300,165
1,415,061
accounts
Inventories—at
stand'd
Investment
in
plant
other
and
cost
advances
and
subsidiary—
and
(iirst
in, first out)
128,629
,__
assets
Trade
128,62a
556,839
446,861
equipment
(net)
1,343,668
patent licenses (net)
1,317,589
15,898
18,873
100,487
132,076
$6,095,016
$5,716,607
charges
_____
LIABILITIES—
accounts
''
,
„
payable
-
,
$488,886
$547,050
Pay "rolls arid pay roll taxes
Taxes, royalties and miscellaneous liabilities.—
Long-term debt instalments due within one yr.
251,449
/ 282,052
Federal
193,000
—_
—
taxes
Common
stock
Paid-in
(par
surplus
Earned
116,449
value $1
per
•_
148,217
214,286
227,200
income—estimated
op
Note? payable lo banks (non-current)_
Purchase money mortgage
;
-47,475
"
880,000
share)—'—___
l.
964,286
19,220
——
—,
300,000
S
——
300,009
771,594
<
surplus
Total
771,594
2,847,218
.i
2,441,647
$6,095,016
;.
$5,716,607
NOTE—Backstay Standard Co., Ltd. (Canadian subsidiary) reported
assets of $308,234 at June
30, 1945.—V. 170, p. 1338.
V ;
V ;
1 '•*
/.
?
;• Its
.V'.' t
,7.5..';
I"
t
'
,
.
Standard-Thomson
profit after
Corp.—Earnings—
company
standing
plan
first
be
for
by
$1,494,000
Earnings
per
The
the
South
Is approved by
sold
for
at
lower
two
cost
its
of
Carolina
properties
Power
Co.
regulatory agencies,
retirement
of
the
present
with
issues
a
If
new
those
102,800
499,687
499,687
$0.20
$0.20
share
common
Manager,
into
has established a new manufacturing division for
of
"Tech-Forged"
bellows
recently developed in ita
laboratories, John E. Golob, Vice-President and General
announced.
bellows
flexible
of
out¬
its
of
a
wholly owned
170,
p.
be
Golob
lor
by
use
Southern
Natural
The company
applied
Gas
to
said.
Co.—To
Sell
and
The
SEC
170,
has
p.
scheduled
Chattanooga Stk.
for
hearing
a
the
on
transaction
for
Oct.
25.
1438.
for
purchase
of
$15,780,000
equipment
is
already
the
Roe
Organization
vestment
Inc.,
Gross
—v.
earnings
170,
p.
$5,208,191
Earnings—
Farnham
&
of
a
$218,201,554
1948
$250,995,490
1438.
value
sists
less
of
known
be
Paul
B.
Operating
$467,600
revenues
oper.
1949—Month—1948
rev.
$382,601
Operating revenues
Operating
expenses
Operating
taxes
of
D.
Alden
Shares
the
1949—8 Mos.—1^48
$3,520,102
$2,962,958
3,500
550
11,000
4,400
$464,100
$382,051
$3,509,102
$2,958,558
373,962
304,110
2,782,125
2,240,081
40,333
37,643
339,447
338,150
170,
Net
-V.
income
$49,805
$40,298
$387,530
$380,327
charges——-./
p. 1438.
29,125
26,533
242,296
270,584
operating
after
170,
170,
The
of
years
new:
research,
695.
p.
Investment
open-end
The
as
management
Stein
Roe
&
type
Farnham
Edward
lrt-
Fund.
whole
in
or
Authorized
part
net
at
con¬
•*
Harry
are
H.
Hagey,
President;
Vice-President;- Richard H. Templeton, Jr.,
Treasurer; Robert A. Woods, Assistant
Secretary;
Assistant
Charles
and
all
officers
Farnham,
Messrs.
the
and
Secretary,
Treasurer.
Wells
Gudeman,
The
asset
capitalization
Jr.,
Gudeman,
Farnham.
in
stock
corporation
Odt
are
Mr.
his
transferable.
are
Ross,
L.
for
Frederick
Hagey,
directors
directors
are
of
Ross
Roe,
and
partners
the
Fund
Sydney
Zeisler.
of
Stein
Stein*.
Excepts
Roe
without
serve
&
direct
compensation.
Stein
Roe
&
Farnham
will
act
investment
as
Fund
of
will receive a quarterly
value; the firm will receive
asset
has
and
the
the
average
Fund
The
for
Fund
agreed
net
any
if
in
Fund
and
investment
intended
is
times
a
therefore
for
in
not
of
is
intended
the
counsel
be
to
will
afford
to
supervision
more
clients
substantially
in
are
of
the
investment
an
as
reimburse
medium
such
investors
that
investors
position
a
Stein
Roe
<fe
eauivalent
of
to
the
se¬
receive
Farnham.
an
for
same
with
as
The
individually
account, and it will be its policy to maintain at
considered appropriate for the requirements of an
the Fund will always maintain a substantialhigh-grade
fixed-income
bearing
securities
and
is
While
designed
sound,
growth
equity
firm
the
year,
to the Fund,
of the average
1%
position
investor.
investment
term
adviser
of
compensation from the
than taxes exceed 1%
investment
managed
average
any
primarily
of professional investment
curity portfolios of $100,000 or
individual
Ve
other
other
expenses
value
organized
was
investor
small
that
asset
fee of
no
excess.
type
selection
Net
of!
producers
products.
shares.
Zeisler,
Kenneth
redeem
may
1%.
80,000
Officers
the
Southwestern Associated Telephone Co.—Earnings—
Period End. Aug. 31-
largest
several
Inc.- -New
Fund,
diversified
new
to
company,
shareholder
A
net
Jan. 1 to Oct. 7
1949
$6,235,599
coming
announced by Stein Roe & Farnham, investment counsellors,
of Chicago. Shares of stock in the fund are being offered
directly
to the public by
the fund. The offering price per share is the net
asset value,
which is now approximately $50, and no portion of the
proceeds will be used for organization costs or selling commission.
Jr.,
certificates, series
CC, to mature in 15 equal annual instalments, will be received by
the company at Room 2117,
165 Broadway, New York, up to noon
(EST) Oct. 25.—V. 170, p. 1437.
1948
product*
corporation, Mr.
off assembly lines*
bellows
of
allied
the
is
Directors
trust
—Week Ended Oct. 7—
of
nation's
other
result
.
other
and
division
and
the
are
heating
ducts
are
of
one
thermostats
bellows
aircraft
new
fabricating steel
jet and reciprocal
system.
on
engineering development by the company.—V.
and
Southern Pacific Co.—Bids for Equip. Issue—
Bids
the
products
new
auto
"Tech-Forged"
for
flexible
in
>
■
of
process
ducts
Company Formed—
authority to sell 7,500 shares
part
common
stock of the Chattanooga Gas Co.
This stock
is the only outstanding security of
Chattanooga.
Southern asked the SEC to exempt the sale of this stock from com¬
petitive b dding.
If the request is granted. Southern
will file an
amendment setting forth the terms of the
proposed sale.
—V.
The
type
new
a
exhaust
as
793.
Co.—Weekly Output—
the SEC
bellows,
Standard-Tnomson
bellows
^
,
produced
are
ducts
manufactured
Stein
Southern Colorado Power
103,456
,
corporation
"Tech-Forged"
this plan of consolidation
issue of 3% bonds would be
issues.—V.
$1,757,410
taxes
production
engineering
will
bonds,
totaling
$22,200,000.
This
action
conincidently with the effectuation of a proposed
consolidation
subsidiary,
refund
may
1948
outstanding.—
shares
mortgage
taken
" "
1949
engine propelled aircraft and
The
'
Aug. 31—
sales
The
financed
344.
p.
$24,727,202
its subsidiaries had 335 retail units in
180,517
$1.35
—'
Establishes New Manufacturing Division—
South Carolina Electric & Gas
Co.—May Refund—
Uncollectible
Wholly-Owned
Crl4,24®
*$359,783
<
Trade acets.
all
Shoe
Cr39,820
mill
stands.
1949
$1,093,272
_
taxes
Cr35,886
years—
amortization
ASSETS—
basin.
was
placed by United Engineering & Foundry Co. of
Pittsburgh, which v/ill construct the mill for the Societe Lorraine de
Laminage Continue (Sollac). It calls for 76 spherical roller
bearings
weighing a total of 45,756 pounds for the mill's drives and
pinion
Period—
1948
160,008
Cash
order
Southern Ry.—Estimated Gross
<W. A.) Sheaffer Pen Co.--Earnings—
€ Mos. End. Aug. 31—
6,353
.
193,000
and, as such,
095.
't
170,
35,554
• •
/;■-■.;
Common
16,275
Interest
8,071
(est.):
prior
common
Net
Industries, Inc.—New Bearing Contract—
($100
6 Months Ended Aug. 31—
33,581
7,885
Crl35,000
3 Months Ended
the
on
In
none
1048.
p.
Shawmut Bank Investment
Income
of
holders of
to
each
cents
29,965
for
prior year
carry-back of op-
/
$2.89
242,034
Electric output of this
company for the week ended Oct. 5,
1949,
totaled
2,898,000
kwh.,
as
compared
with
3,236,000
kwh.
for
the
corresponding week last year, a decrease of 10.4%,—V. 170, p. 1402.
Shattuck-Denn Mining Corp.—25-Cent Dividend—
the
23
would
of
debt
$405,570
NOTE—Net
356,814
370,471
ac¬
for 25 months, the contract ended a series of meetings begun
month
ago
between company and union negotiating com¬
run
about
and Local 8G, United Chemical Workers (CIO),
joint announcement by company and union officials.
a
an
between
11
•;
loss
eluded
1087.
p.
corporation
The
—V. 170, p. 986.
"j\
>
420,273
;
profit
Net
1v''Uy"
186,121
748,640
year.
for
erating
'*Net
$1,033,343
148,206
shares .outstanding
Earnings
_
155,434
823,268
net
Common
Bales
exps.
taxes
from
Earnings
$1,181,549
148,206
_
Balance
present holders of the company's common stock
at a price of $125 per share.
Shares of class A and class B common
stock are not being underwritten and there is no firm commitment re¬
PeriEnd. Sep. 30— 1949—-Month—1943
141,055
889,602
exps,
$4,709,585
.
$1,292,755
488,871
_
(net)
Net income
;
the
to
for
1947
be
stock.
Company proposes to obtain the remainder of the desired funds by
offering 532 shares of class A common stock and 422 shares of class B
common
742,707
Int. chrgs. and other deducts,
equipment and
funds
shares of preferred
taxes
income
earnings
Gross
additional
part from
est.
sinking
5-year
365,877
358,841
depreciation—
Other income
l, 1953,
PURPOSE—Company
to
1,
sinking
1948
supension
Income
arising
Total
2,285,690
271,396
325,155
170,
98,806
Overprovision
1947
$5,266,847
___v—■
for
for
Net
3%%
14-year
1948
1949
new
$13,353,405 $12,024,610 $10,875,926
11,630,379
11,019,781
9,525,603
,
charges
taxes on
Deferred
$5,756,663
Taxes other than Fed.
%
£249.500
outstanding
has
31—
1.
$13,302,368 $11,980,256 $10,866,058
51,037
44,354
9,876
admin,
with
long-term
Patents and
Herein)
2,437,056
Provision
Prov.
Consolidated
revenues
Maintenance
shares held in
368
1949
Investments
cents
The
offices
on
Federal
10,
ordinarily
Nov.
members.—V.
board
/i.
sold
and
interest
Property,
which
effective
of
common
extra
an
on
which
the
on
ishare
of
of
number
of vending machines
moving plant - facilities and
of
Net
last-mentioned
$100),
directors,
Co., and John W.
Standard Oil Co.
(New
prod,
2,455,727
took no action on the
would become payable
stock, par $1. Quarterly dis¬
of 10 cents per share were made on April 25 and July 25,
on March 24, June 24, Sept. 24 and Dec. 24,
1948. On the
of
about
tributions
(par
outstanding including
and
the company's treasury.
fund
stock
common
activities
the
14
$
Oil
$12,579,542 $11,283,225
directors,
or
Standard
elected
to
income—.
connection
Interest
p. 1997.
declaration
on
Esso
producing
were
—^
general
in
of
1,557,444
Simplicity Pattern Co., Inc.—Omits Common Dividend
capital consists of fa) 4,000 shares
stock (par $1001, of which 3,772 shares are
presently issued and outstanding; (b) 3,000 shares of class A common
stock (par $100), of which 2,468 shares are issued and outstanding;
B
mis.
products
2,684,793
;
of
6
of
—.——_
Provision
value
par
business-—
(New Jersey)—New Directors—
President
increase
income
of
Selling,
5
The
cumulative preferred
class
10,919,044
7,813,692
'r
Research, engineering & devel.
corporation has placed privately additional common stock to
the value of $175,000, the
company announced Oct. 7.—V. 168, p. 551.
CAPITALIZATION—Authorized
of
9,162,426
Oct.
and
2,537,200
384,400
The
(Continued from page 12)
shares
1,225,491
sales
Interest
53,401
673,617
Silver Creek Precision Corp.~Stock Placed Privately
.
as a result of consistent promotion and national advertising, Is
probably the most favorably known quality brand on the market to¬
day.
D.stribution is made from the company's main plant at Marysville, Ohio, and from its branches located at Ridgefield, N. J., and
Palo Alto, Calif.
4,000
1,296,153
Years Ended June 30—
Net
1,425,447
seed,
(c)
12,991,696
Depreciation
~
last,
and
15,157,638
1,695,108
Standard Products Co.—Annual Report—
.
v
i Investment News
of 5%
18,187,254
1,841,896
income
.
2,537,200
Total
Corporation and
w
140,347,071
2,036,002
987.
Ltd.
l
15,676,609
2,287,099
will
$2,331,189
!
retained
—V; 169,
income tax.
General
17,718,473
1338.'
on
83,238
stock
11-
532,965
146,744,24ft
120,667,564
coordinator
additions
1,550,325
rentals
prepaid
stock
10-
666,445
171,526,021
Rathbone,
$1,782,142
2,000,000
and
contingencies—
1
J.
Cost
deposits
11-
66,593
19,407,719
charges,
p.
Jersey),
1,193,549
1,721,897
3,972,883
equipment
liabilities
11-
82,386
21,847,468
operating
Brice,
1,302,250
2,716,851
„—
.____
debt
for
rev.
Standard Oil Co.
p.
$12,579,542 $11,283,225
11-
11-
oper.
taxes
170,
M.
June 30/49 Dec. 31/48
$1,059,511
$972,830
assets
noncurrent
11-
37V2C
75c
J50c
$31 tec
$37tec
this dividend.
closed for
Jamaica
1948
< •';
securities—
Government
plant
10-31
t$1.75
25c
Wisconsin dividend tax.
3%
30%
and
LIABILITIES—1
(quar.)
Less British Income tax."
dLess
equivalent
1949
10-17
(accum.)
•Transfer books not
S.
•
*;
"
products
current
172,192,466 147,277,211
revenues—
expenses
after
—V.
,
were
for
STATEMENT
V
Strapping tools and
Inventory
tPayable in U. S. Funds, less 15% Canadian non-residents' t**.
$ Payable In Canadian funds, tax deductible at the s-urce.
Non¬
resident tax 15%; resident tax 7%.
xLess
stock
of
Earnings
*
$1.09
Total
(William) common (monthly)
Co., 6% conv. pfd. (quar.)
York
County ,Gas
Co
—
Zeller's,
Ltd.,
common
57c preferred (quar.)
{preferred
and
Property,
d$1.50
Cab
Net
193,330
reserve.
earnings
common
;
1
11- 1
Wrigley
6%
quarter
the
$229,066
special
receivable——
Co.—
(quar.)
preferred
—_
for
Inventory
Wood, Alexander & James, Ltd.—
7%
$1.06
251,595
stock—
common
provision
on
1949—8 Mos.—1948
19,474,312
$260,924
$1.28
surplus——
share,
Accounts
9-23
$1.25
Electric Power
Cash
1
Co.—
(quar.)
preferred
Yellow
$337,841
Operating
Operating
$454,254
V
ASSETS—
Corp.—
(quar.)
Inc.—
Fund,
$543,403
\
205,562
COMPARATIVE
11- 1
$1
15c
(quar.)
Stationery
preferred
(quar.)
Wheeling & Lake Erie R>—
Whitehead
cents
7
$1.25
11-15
$1.26 2-15-50
.—
5 %
Whitehall
72
10-14
11- 1
?
(quar.)
A
Tablet
$480,661
Telephone—
&
5%
preferred (quar.)
Western Pacific RK.
6%
349,303
NOTE—Second
$2.50 class A
Light
to
per
•Includes
"Western Insurance Securities Co.—
Western
5,493,011
289,362
*6,993,429
Net
Earned
17%c
(quar.)
$6,236,627
*7,850,606
earnings
Dividends paid
11-12
preferred (quar,)—
—$1.12'/a
Engineering Co.—50c
prior
expense—
tax___304,065
Net
Michigan Steel Foundry,
7%
and
income
10-25
11-25
Federal
10-25
11-10
____.
cost
$7,886,135
10-20
11-
Operating
10-10
$8,635,332
__
21,929,854
74,931
inc.
______
1949—Month—1948
revenues—
Operating
Total
7-17
10-20
conv.
Wellman
West
8-1-50
——
(quar.)
preferred
—
$4.50
11-
49
Southwestern Bell Telephone
Co.—Earnings—
1948
$7,456,563
1-16
5-1-50
royalties
(1537)
;
1949
—_
Dividends,
10-17
37 tec
CHRONICLE
$8,151,564
_____
Revenue
n
:
•
_„
machines
10-30
25c
37V2C#
7
&
Signode Steel Strapping
Co.—Earnings—.
Payable oJ Rec.
: L Share
■
Holdera
When
COMMERCIAL
portion
good
primarily for rapid capital appreciation, thequality common stocks having unusual long-
possibilities
of
the
will
portfolio.
be
emphasized
Minimum
present will be. $3,000.—V.
170,
p.
In
conneetio^
subscription
1088.
to
be
with
the
accepted
■'
1196.
share and the uouai quaneny oividtftd ol 50 c
on the outstanding capital stock, botn payable
0c^'3t'hj
ol record Oct. 21, 194*.
Tm» onngs toiai
per share.
On Oct. 80, last > ear, a special year-end
$1.25 per share was made, bringing diviuends In 1948
P
cents per
'
Loss
P.
to
vllle
ift
Delta Co., R. Wolfenden and
finishing plant to be built at Cheraw,
new
i——J
Shows Sharp Increase—
$4,064,361
275,921
_
_
Trans-Atlantic
■
ments
-
Interest
Loss
Sons Diviston, and at the
S. C.—V. 170, P. 1438.
anticipation
and
charges
before
back
& allowances
profit
—
™-,
and administrative expenses
Gross
General
$5,069,314
———
refund
Federal
of
under
taxes
18,218
373,862
343,050
Sept.
ASSETS—Cash
bonds
Savings
and on
deposit
demand
on
and
notes tat cost),
ior
doubtful
treasury
f l,1S5,121] V. S.
$137,428, accounts re¬
accounts of $77,335),
$746,224; accrued interest receivable, $1,(47; inventories <at
l0*®r
of cost or market), $582,895; sundry debtors, $ 17.053; P^Paid
in¬
surance, etc. (current portion), $27,342; investments, $51,500, prepaid
insurance, etc. (noncurrent portion), $10,000; deposits on purchase
of equipment, $6,625; land, buildings, machinery and equipment, etc.
(after reserve for depreciation of $827,055), $2,986,457; total, $6,353,907.
LI ABILITIES—Acc oil n ts payable,
trade, $166,744; sundry payables,
$1,926;
dividends payable,
$140,000; employees'
income tax with¬
holdings, $20,686; accrued Federal and State taxes on income (less
tax
anticipation notes of $608,100), $99,147; other accrued taxes,
$41,391; accrued salaries, wages and commissions, $98,666; reserve
for advertising, professional lees, etc., $32,425; capital shares (of $1
par), $700,000; paid-in surplus, $1,454,889; earned surplus, $3,598,033;
(after
ceivable—trade
reserve
Eight Months Ended Aug. 31—
vjrxwoo
vague
v/g
$865,809
730,852
wumow
Provincial royalty
Opef. costs, incl.
income
1949).-
-
•'
and
social
security taxes,
$233,610;
—V.
170,
1339.
p.
etc.,
?Mr.
•
Zanuck
has
been
in
charge of the
20th Century and
since the
Fox merger in
During
the
first
10
his
of
years
producing
studios
1935.
contract
new
activities
V
<
Mr.
-
Zanuck
w.ill
continue as full-time head of studio production.
Through the ensuing d
advisory period he will have no commitments other than with 20th
Century-Fox nor any proprietary interests in other motion picture
undertakings.—V. 170, pp. 1439 and 1339.
"
Union Pacific RR.
(Excluding offsetting accounts between the companies)
:v.
■
(& Leased Lines)—Earnings— V
Period End. Aug. 31—
Railway
oper.
Railway
oper.
1949—Month—1948
38,309,387
27,482,512
revs.
expenses.
'
'
-
1949—8 Mos.—1948
'40,775,925 252,773,138 279,018,510
27,067,667 210,964,950 208,028,084
:
13,708,258
11,426,875
Federal
Other
income
taxes
taxes.
V:
-
f
41,808,188
70,990,426
3,450,000
4,238,382
10,500,000
2,214,607
-2,142,730
17,482,086
21,676,764
16,954^78
1,929,077
-
1,568,538
9,507,297
8,339,494
24,020,090
Equip, and joint facility
rents
(net)
Net income fr. transp.
5,758,608
4,318,805
18,578,883
300,981
300,022
3,732,469
.6,587,284
Income
&
2,320,055
8,378,685
26,630,157'
508,827
521,316
4,120,408
v.
i
from oil
operations
3,833,191
2,453,112
operations
^Income
gas
(net)
18,495,330
investments
fr.
'
.
6 Months Ended June 30—
Sales and
j
.
J
sundry
.
Tide Water Associated Oil Co.
635,527
}
retains, him as Vice-President in charge of production for the next -10i
with an additional 10 years of exclusive service in an advisory
1949
JULY 2,
15, 1949 to Nov. 23,
Contract With Zanuck Extended—
capacity.
other current
liabilities, $681,395; ten-year 4'/2% debentures, due April 1, 1958 (less
current
maturities), $1,856,000; other liabilities," $1/102,272; reserve
for contingencies, $2,935,954;
minority interests in common stock and
surplus of subsidiaries, $11,971; preferred stocks of subsidiaries at
redemption value, $1,024,829; $1.25 convertible preferred stock, no par
value
(issued and outstanding 355,400 shares), $8,885,000; common
stock (par value 50 cents), $566,316; paid-in surplus, $8,265,613; capi¬
tal surplus, $4,365,736; earned surplus, $9,480,981; total, $46,460,712.
49,660
$692,278
.
BALANCE SHEET,
" >
;
•
years,
LIABILITIES—Accounts payable, $1,213,636; accrued salaries, wages,
and other expenses, $1,985,204; provision for Federal income and
profits taxes (after estimated refund of Federal income taxes
under carry-back provision of Internal Revenue Code amounting to
$2,284,000), $2,134,921; reserve for replacement of inventories on LIFO
basis, $1,434,116; dividends payable, $283,158; employees* deposits for
1947
48,240
$707,247
660,049
70,615
milled —-————,i—
Tons
1948
$3,339,808
....
its
on
Spyros P. Skouras, President, on Oct. 10 announced that this cor->
poration' has negotiated a new contract with Darryi F. Zanuck which,
taxes
$6,353,907.—V. 169, p. 2148.
1949
TWA
excess
'
total,
26,184
ASSETS—Cash, $8,122,890; accounts receivable—trade (after reserve
doubtful accounts, discounts and allowances of $731,983), $4,221,488; notes receivable, $1,270,468; inventories, $14,738,650; other current
assets, $795,688; notes receivable, $653,210; investment in securities,
at cost, $1,043,690; property, plant and equipment (after reserve for
depreciation of $5,695,152), $13,696,741; intangible assets (net), $282,040; cash surrender value of life insurance, $477,548; deposits with
mutual insurance companies, $276,576; sundry other assets, $317,732;
prepaid expenses and deferred charges, $563,991; total, $46,460,712.
1949
JUNE 30,
SHEET,
BALANCE
CONSOLIDATED
$3,313,624
Federal Income
of
for
$0.86
Y
taxes
refund
CONSOLIDATED
$604,596
$542,845
$0.77
—
Earnings
1948,
On Oct. 3 there were drawn for redemption on Nov. 23, next,' a
total of 977 shares of prior preferred stock at $100.85 per share (being :
the redemption price of $100 per share, plus accrued dividend from
^Including write-down of $2,362,618 made to July 2, 1949 inventories,
depreciation in the amount of approximately $478,000 and alter credit
of $390,961 resulting from adjustment of LXFO inventory base.
■
663,802
22,690
announced Oct. -7. '
flew 1,060,084 eastbound cargo
trans-Atlantic routes.
During
Manager of Cargo Sales,
30,
westbound
,
'i'
2,246,000
—
pfd.
573,289
Twentieth Century-Fox Film Corp.—Partial Redempt.
carry¬
stocks of subs, in hands of public—
estimated
on
loss
Net
$1,660,478
669,626
expenses tnet)——
~~
Provision for Federal <te State taxes on income—
div.
an
;
$5/559,624
taxes—
income
Federal
of
income
of Internal Revenue Code ($2,284,000),
for estimated State Income taxes of sub.
after
loss
Prov. for
4,Z33,/88
$1,578,212
Other
Net profit for period
J
per common share
goo*276
$5,900,
3,491,102
SOld_„
Of goods
*5
TWA
Aug.
1949 period, the airline flew 1,538,245 eastbound cargo ton
increase of 45%
and 506,978 westward, an increase 01 58%.
1439.
^
182,637
—
estimated
refund
provision
Net
Ended June 30—
sales, less discounts, returns
Gross
COSt
Subs.)—Earnings
(&
Stone Container Corp.
to
1
same
•
6 Months
E. Russ,
i
1;
/
World Airline in the first eight
the volume for the same period
and
''
provisions
less
S.
over
miles
miles,
283,000
106,399
—
—
,
~v. 170, p.
(including
costs
moving
to
expense
other
Estimated
Trans
the
1,199,148
machinery—:
salary termina¬
executive offices
certain
and
estimated
incident
Sundry
1948,
From Jan.
leasehold improve-
abandonment of
loss on
lor
tions)
;
by
cargo
ton
($1,059,943)
Provision
air
of 1949 increased, by 50%
months
$3,788,440
_
—
for
Transcontinental & Western Air, Inc.—Overseas Cargo
3,566,410
in
finishing
company s
the
ol
charge
in
continue
will
Harrell
$497,951
——
Mnledgeville.
with central cixk.es at
(Ga.),
Mr
32,441,326
administrative expenses
Total
oi tft*
L_islon ol J P
division to be known as "ja.
t. Stevens fe0"t^r" ™ worsted manuStevens & Co.," comprising the company s woolen and worsted ma
lecturing plants at itockmgnum «N. C.), Dublin (Ga.), ana
»
operations
$31,943,375
r
operations
income
Other charges:
Provision for
operations
the
from
Other
appmntedAsstetantSecreta^
been
has
Ervin
C.
supervise
will
;
advertising and
Loss
«2 75
Harrell have been
Jame.s
and
Baum
Herbert
and
Baum
1949
..
.
^
distribution oi
to f .
P
*hJohn
2,
Reorganizat'n Plan
given until Dec. 7 to file their recommenda¬
reorganization of the corporation.
The ruling was made
by Federal Judge Michael L. Igoe after the trustees had asked for
more time
to study the stiuation.—V. 170, p. 1439.
..-The trustees have been
tions
——
—
sales
on
Selling,
share
sales—
of
Trustees Given Until Dec. 7 to File
SIX MONTHS ENDED
FOR
sales, less returns, discounts and allowances——
"Cost
a^ntTotc
Oct. 12 declared
directors on
Gross
'i;'
Inc.—Special Year-End Div.—
Stevens & Co.,
(J. P.)
The
^
Monday, October 17, 1949
(& Subs.)—Earnings—
ACCOUNT
INCOME
JULY
$7,411,486 $10,276,8/8
$2,080,413
$1,082,805
™™
—V. 170, p.
CHRONICA
FINANCIAL
&
Incorporated
CONSOLIDATED
£9A^o^2(T276878
tnd. Sept. 30—
gales
Textron
Inc.—September Sales Drop—
Sterchi Bros. Stores,
Period
COMMERCIAL
THE
(1538)
50
other
sources
Subs.)—^Earnings—
1949
(excl. of inter¬
revenues
(&
and
-
1947
1948
$
'$
Fixed
other
and
chgs...
$
,
3,496,571.
46,011,991
4,220,548
——
580,968
Total
5,049
800
Federal
net
profit
$718,074
of
•Includes bonus
perioa
$0.08
-
$0.04
Total
int.
—V. 170, p. 247.
have
declared
dividend
a
of
16
cents
per
share,
$150,000
was
invested
covering 200,000
few days ago.
i
Texas
shares
1949,
the
west
in
so
the
as
of
investors in
of
total,
31
a
with
others,
.
the
South
Treasurer),
tor),
;
Texas
C. Sharp (President and director);
director); John B. Carter, Jr.
Houston;
Ernest
J- Macltin (director), Houston, W.
Houston.—V.
170,
p.
National
Bank, which
collects all income, and keeps the Fund's
vl^C^landoficers are: Dudley
V&JZF" ^Wce-Fresident and
and
receivable
accounts
T,
Skinner
T. Carter,
(director),
HI
Higginson Corp. and associates won the
award Oct. 13 of $2,300,000 1%%
equipment trust certifi¬
cates, series G. Reoffering of the certificates
(subject to
ICC approval was made at
prices to yield from 1.15%
for the Nov, 1, 1950
maturity to 2.10% for -the 1959 ma¬
turity. Others making the offering are:
Paine, Webber,
Jackson &
Curtis; Auchincloss, Parker & Redpath; Mer¬
rill, Lynch, Pierce. Fenner & Beane.
j^rtificates art dated Issue
Nov.
1, 1950-1959.
The
bids
received
at
l,
was
the
1949, and mature $230,000 annually
awarded Oct.
sale
for
a
13
1%%
on
a
rate
bid of 99.317.
Kidder,
Peabody & Co., 99.229; Salomon Bros. &
Hutzler, 99.212; Harriman
Ripley & Co., Inc., 99.196; Harris Hall & CO. (Inc.), 99.119;
Halsey,
Stuart & Co. Inc., 99.0725; Blair A
Co., Inc., L. F. Rothschild & Co.
and
Schoellkopf, Hutton
&
Pomeroy, Inc. (jointly).. 99.025.
The
Bankers Trust Co. bid 99.35 for i%s.—V.
170, p. 1339.
Lower
(issued
($10
of
A check
estimated
affiliated
to
due
and
*
irtebme
tax
1949
on
companies,
common
stock
169,
p.
held
in
2215.
dollar
from
Travelers
Pacific
the
$61,782;
devaluation
recent
has
of
British
the
similar
lion
"
.
(
first
in
12
of
•
record
10
cents
Nov.
per
share,
1949.
7,
than
less
of
which
to
,
rates.—V.
normal
•
the
on
common
.::*-
-
'
170,
,
:
when
<
Nov.
payable
23,
•
directors
1949,
J
;
this
of
to
1
*
v;,'"
•'
stock
13
Oct.
v
the securities owned by
corporadeclared a
stockholders
'?
f
,1
v-,
'
common
stock
the company."
now
There
14,529,491
are
outstanding.
shares;
-
;
?
estimated
earnings," Mr. Hickey said, "do not include any
income; oii our largest investment, the common stock of the Niagara j
Hudson Power Corp., which is currently not paying-dividends although
f
its earnings are substantial.
Our holdings of that stock now haye
an
indicated market value-of about $39,000,000."
r
•
'
'".''V
v
'
'
The
i
underlying
poration
public
acquisitions
and
-
.
of
the
common
of
the
company's
plan
for
a
stock
share,
of
on
United
the
Cor-
basis
'
of i
to the letter.
With con-i
retirement of the preference'
corporation's
"
" >
In announcing the disbursement of 10 cents a share on the common:
stock, Mr. Hickey informed stockholders that "it appears that this
dividend
will
not -be Subject to ordinary Federal
income tax. * TheV
made certain portfolio sales earlier this year which should) i
the dividend to be treated as a return of capital to stock- ;
company
permit
holders
f
'
to
The
for
tax
company
holding
United
row
rather than
as
income."
:
-
'*
:
to
holds
systems,
The
United's
^
hopes
company
-
Tueker Corp.—Mistrial in Tucker Case—
purposes
effect during 1950 the change from a regis- '
under the Public Utility Holding Company Act
to
"an investment company in accordance with the plan
approved
by a majority of stockholders at the 1947 annual meeting," he said.
tered
Co.
hearing the fraud and conspiracy
value
stock
which
became
effective
on
April 30,
1949,
the
capital stock now consists solely of (he common stock.
v
stock
csset
approximates $77,000,00, or $5.33
indicated market prices, according
summation
Bank
v
utility
latter
excess
more than
10% of the voting stock of only two /
Niagara Hudson Power Corp, and South Jersey Gas I
is a relatively small company and, in due course, '
holdings of its stock'will be disposed of.
'
United how has pending before the Securities and Exchange Com- ,
against Preston T.
individuals-who took part- in bis automobile '.?* mission am application to pay a special capital dividend of l/10th j
dismissed Oct. 11 by Federal District Judge Walter- -'tctfrhr share of Niagara Hudson Power
Corp. common stock for each
seven
was
and
advantage
o-
on
authorized
United
"The'
.
is understood that if the transaction is
completed, the proceeds
be utilized by Transamerica to liquidate loans that were incurred
LaBuy
|
coast-to-coast,(
(Del.)—Resumes Dividend—
dividend, payment
was
H
.
primarily
in
connection
with
the
bank
provide working capUal.—V. 170, p. 1235.
promotion
now
'•
.
of
-
and
one-third
on
held.
The jury
ap-
*.
agreements
effect
|
•*
Earnings on the common stock for the full-year 1949, Willlaai M.I
Hickey, President, stated in a letter to stockholders informing ihdm |
of the dividend aetion, "are presently estimated at approximate^ 12
cents per share, on the basis of dividend rates currently being- paid
!
sale, through underwriters headed
by
1,199,554 shares of Bank of America stock
owfted by Transamerica. > The
price to the public will be determined
later.
Sam
H.
Husbands, Transamerica President, said that upon
completion of this transaction the holding, -of Bank of America stock
by Transamerica and its subsidiaries will be reduced to 11.1%
of
the 10,238,052 Bank of America shares outstanding, from the present
Tucker
'
in
J
Europe also
flights to many cities. Trans-Atlantic excursion ^
v--
•.
years
of
present
22.8%
fares
|
Unltedt',
from
•
dividend
imprint the certification num¬
.
a
slashed
been
fares
on
the globe.
said,
through
interline
international airlines.
excursion
(The) United Corp.
in
2688.
corporation plans
Blyth & Co., inc., of
major
winter
1439.
.
each
The
have
place
between
,
.
of America Stock—
all
approximately
are
Berlin
taken
|
been £
have
air ;; fares
one-way
or
have
these-cities
beyond
said,
Rome
cuts
officials
with
reduced for
p.
certifier which produces a multi-colored certification impres¬
is
and
both European .and I Asiatic
etc.) remain at the
Shanghai,
any
of the
80
cities on
United's
California-to-Hawaii system can take
and
60-day
points
points around
fares
total,
Dr$226,946;
from
to
officials
have been
;
shares), $17,213,500; common
$160,171,886; less 11,323
at cost,
York
other
rates,
new
Special
fares
example,
to
Tokyo,
Paris,
9%. Similar
Coast
United
reserves
but
New
or
cities
surplus,
treasury,
rate
•
proximately
in¬
(London,
For
Chicago
States
/
employees'
172,135
$64,081,320;
cities
reduced.
machine, the company will provide an insurance policy
covering loss through counterfeiting of the certifying imprint.—V. 169,
J.
^
J
old
wages
Federal
for
reserves
outstanding
value),
par
certifier
With
were:
-
major foreign citfes
pound
resulted
Air fares between the United States: and
(due within one year), $556,860;
each certification. A numbering head to
ber on the check is
optional.
It
to' many
foreign currencies, according to company officials. These
fares, combined with greater purchasing power of the dollar
should do much to stimulate foreign air travel, they pointed
gateway
appearance to the Todd checksigner and
several of its features, including double-locked
control for
prevention of unauthorized use (one key for the operator, one for the
responsible executive), and a locked meter which automatically counts
will
States
United
have
abroad,
(after
embodies
p.
the
other
reduced
conforming fully with the recommendations of the American Bank¬
Association for standardization, control, and safety was announced
by this company, manufacturers of protective bank machines and sup¬
plies, on Oct. 5.
' ".'..."V
The
from
already
sion
.
air fares
and
(direc¬
Ofieretf—Lee
Nov.
.
928.
Texas & Pacific ^R^.—Equipment Trust Certificates
2%
Devaluation of Currencies Result in Lower Fares—
'• '
Transamerica Corp.—To Sell 1,199,554 Shares of
_
addition
to passengers,
United flew approximately 905,000 air
ton-miles, an Increase of 8% over September, 1948, and a gain
over
August, 1949; 603,000 air express ton-miles, a droj^ .of
from last year, but a gain of 7V2%
over August; and 2,273,500
air freight
ton-miles, increases of 18 ¥2% over September, 1948, and 5%
over
August, 1949.
'
(The) Todd Co.—Announces New Check Certifier—
Texas.Fund is
financial institution,
holds all portfolio
securities,
books of account.
Exceeds Year Ago—
it flew an estimated 133,606,600 revenue
in September, a gain of 7%s% over the same -month
last year and a decline of only 4% from August.
Harold Crary, VicePresident-traffic and sales,
said much of the travel gain can "be
attributed
in
large part to the continued improvement
of airline
regularity and dependability.
;
mail
ers'
are performed for Texas Fund by a well-
Air Lines, Inc.—Mileage
corporation reports
The
...
an investment
company of the standard well-known,
type. Its' charter contains all of the customary safeguards
protective features, and the Fund is patterned after the
highest
principles, of the mutual fund industry in every respect.- '• ■-; :
r
This
of
conservative participation
and
The services of custodian
knewn
$11,671,395;
$15,059,849;
for
$687,353;
$288,866,225,—V.
open-end
\
accrual
taxes,
shares
area.
The present investments of
Oil and gas stocks make up about
balance in electric utilities, chemicals,
the
■
.
4,920,000
SHEET, JUNE 30, 1949
obligations
(trade),
$4,571,000;
stock
stocks,
insurance, merchandising and
'
the Fund
BALANCE
resources,
payable
value
the securities of leading companies
important operations in the South¬
conducting
3,198,404
6,396,809
$1.63
:
deferred pur¬
for additional
retirement allowances,
$5,674,463; reserves for other contingencies and expenses, $3,293,553;
deferred
credits, $626,873; $3.75 cumul. preferred stock without par
expansion, of the
consist
the
In
resources
or
assure
industrial
Fund
40%.
to
in
5,757,128
6,396,809
$3.09
chase obligations (due after one year), $923,111;
t'
Fund's
■I
929.
for doubtful accounts of $288,970), $25,353,767;; notes and trade
Federal
was
conceived
and
created
specifically to bring to
In one convenient security, a well diversified cross-section
of
the industries
which
are
making Texas prosperous and which
enjoy that outlook for growth. It is the management's stated policy
Invest
outstanding.
share...™
common
$166,303;
come,
Fund
either domiciled
500,181
675,655
and miscellaneous ac¬
counts payable, $2,269,689; taxes payable, other than current Federal
income tax, $13,735,629; dividend on preferred stock, payable July 1,
Investors,
to
10,906,572
411,896
5,117,447
6,396,809
$2.17
tax.—
LIABILITIES—Purchase
since July—the original capital
August 17 but registration with the SEC
public offering only became effective a
on
per
accounts
operation
for
170, p.
passenger* miles
receivable, $236,078; loans to employees, $13,765; inven¬
tories, $60,530,161; reserve fund for retirement allowances, $4,116,853;
investments and advances, $8,441,759; properties and equipment (net),
$174,530,967; deferred charges, $3,971,480; total, $288,866,225.
Houston, Texas.
of
20,163,555
£%
acceptances
The general distributor is Bradschamp &
at 304 Union National Bank Building,
in
stock
ASSETS—Cash
Co. with offices
been
income
dividends
common
reserve
entitled Texas Fund,
conceived, organized and operated by a group of Texas
Texas Fund lias
Fed.
CONSOLIDATED
per share) of a new mutual fund
i
15,962,091
135,519
344,686
......
dividends
Earnings
Company Offered—Oct. 4 marked the debut
enterprise unique in the financial history of
Texas—the initial public offering at market (about $11
businessmen.
15,405,273
556.818
459,751
Net income from operations
Shares
new
a
est.
for
Common
vestment
of
26,596,706
r 653,530
1,598,307
Excludes Federal income taxes.—V.
United
499,998
577,022
2,309,532
18,366,493
...
amort, of funded debt exps.
Fund, Inc., Houston, Texas—Shares in New In¬
Texas
549,996
1,683,413
2,672,493
1,337,453
18,826,244 ; 27,250,236
86,681
4,571,000
7,000,000
(net)
employ, retir. allowances-
Preferred
payable Oct. 27, 1949, to stockholders of record Oct. 17, 1949.
The
preceding payments were: On Aug. 15, six cents; on May 16, seven
cents; and on Feb. 15; 1949, an initial of 10 cents.—V. 170, p. 695.
%
700,002
2,169,620
2,861,581
14,255,244
retir.
expenses—
Dividend—
1
directors
admltt.
income
and
Prov.
Television Fund, Inc.—Declares 16-Cent
The
for
8,667,460
In
1949
«»««
and
Operating income
Non-operating income
period and $28,670 in 1948
uolu Mining Assistance Act.—
the
in
4,807,144
$0.15
$61,634
umier
receivtro
4,807,144
*
4,864,106
6,260,599
9,848,486
6,211,988
10,523,190
—
$171,618
4,807,144
Capital shares outstanding
Earnings per share—
$392,559
taxes)
Dry hole losses & prop,
General
(est.)
income
,
184,225,261 186,154,834 138,282,089
141,794,080 137,205,688 105,283,043
Prov. for depreciation and depletion
Amort, of undevel. leasehold costs.
Prov.
Total
—
sell. exps.
Insur,, rentals and taxes (other than
$174,568
2,950
_
(net)
Cost of products sold and
9,466
$393,359
$720,974
2,900
—
Provision for taxes on income.
transactions)
company
$56,751
108,351
$47,198 *
338,216
7,945
$134,957
Ltd.
Income from general investments^Divs. from Lamaque Gold Mines
case
other
.
a
new
trial
was
ordered
to
starti
Oct.
17.
share
of
United
held.
Volume
Number 4847*
170
COMPARATIVE
Three Months Ended
THE
INCOME
Sept. 30—
STATEMENT
;
■
income
Total
income
[Current
,7
[Taxes, other than income tax—!
[Interest on notes payable to banks
|Provision for Federal income tax
Net
income
♦Includes
[under
8,300
22,969
14,223
7777'.;
"Y
77.
_
..
of
1
$402,494
__77
$402,494
applicable to com. stk.
^dividends agsregating1 ;$743,538 fon
SHEET—SEPT.
BALANCE
ASSETS—Investments in
Ike
t
securities
of
30,
1949
:
corporationis
mar-
[payable
[accrued
value
(par
$1),
$14,529,402;
interest
$32,757;
account payable
| $31,611,992;
earned
$16,500;
payable,
on-notes
other
accrued
the
(subsequent
166,
company.
his
Southern
and
Utah
the
stock
order
and
that
Smyth,
distribute
sale
the
the
v-YY-.;.:
and
from
to
10
of
next
annual
and
T.
Bartlett,
General
2149.
p.
stockholders
the
M.
F.
R.
election
Mr.
were;
of
Merris,
The
Steamship
Refrigerated
Line,
Inc.,
subsidiary,
a
will
rents
Sales—less
.coastwise fruit service between Florida and New York earlyvi&Y
[November, according to Ralph Keating, President of the Line. ,,*.Z
The
service
resumed
was
in
after
1947
wartime
a
interruption
Cost
•
of
Selling,
but
1948
$6,371,110
$7,968,712
6,370,483
1,894,595
discounts.——
general
and
administrative
2,015,499'
expenses
[was
discontinued
and will
unavailability
ships.
Ithe'
(at
cost
advances
the
3Vt % —V.
by
UGI
Estd.
to
1—
—
$475,00Q
■
will
used
be
by, the subsidiaries
The
programs.
loans
will
to
bear
devaluation
-
the
meet
been
are
closed.
scription books
oversubscribed
the
and
See also V. 170,
each
jids,
naming
Otis
were:
^irst
&
Co..
Boston
Peabody
&
Jew
10
on
coupon,
101,5389;
due
City
Oct.
the
continuing
[initial
OR
Eight
101.235;
Inc.,
Corp.
and
Smith,
Corp.,
at principal office of
to
IMPROVEMENT
and
including
is
PRICES
feast
the
30
mortgage,
days'
notice
April 1 and
Guaranty Trust Co. of
designed
in
the
(on
and>
1958
basis
of
the
PRICES
OF
BONDS—Bonds
will
be
I'ith
shares.
the corporate trustee
five
OF
lateral at
in 1973.
will
be
for the maintenance
replacement fund
or
mately
or
UNDERWRITERS-—The names of the underwriters' and the respective
principal amounts to be purchased by them are as follows:
& Co
727—
$1,500,000
.
Inc
issue
of
495,920
stock
shares of
388,274
refinancing
of
the
72,977
$206,531
the
the
of
been
plan,
shares
held,
and
have
at
$23%
70,948
shares
$115
Class
A
stocks
issuance
Aug.
of
all
non-callable
of
the
West
shares
9,
of
company's
Penn
of
been
dividends,
made
Immediate
upon
Power
ended
the
last
|5ales
-V.
Oct.
of
(& Subs.)—Earnings—
Years Ended June 30—
sales
Jross
Jet
profit
lommcn
and
output
year.—V.
the
electric
of
113,398,000
K.
W.
the
A
cline
the
7- $90,801,856
$80,495,241
8,539,731
Warren,
6,965,590
President, pointed out
the
.
$4.10^%,Y
.•
that
previous year
?*the
was
$5.02 * 7
decline
due
in
of
the
A
for
trust
earnings during
lormal
the
fiscal
current
that period,
year,
which
resulted
and
inventory write-downs
charges in the aggregate amount of $1,067,459.
in
and
lowered
other
*nded
do not include earnings of the Devonian Co,,-In which
owns
a
three-quarter interest.
For the 11 months
1949, earnings for the Devonian Co. were $1,412,806.
Petroleum
June
"Capital
30.
additions
for
the
year
included
the
construction
of
addi-
|ional natural gasoline storage facilities,
>il
and
md
gas
the completion^ 65 producing
natural gasoltneYplarjcts; pipe lines
wells, completion of new
facilities, and the acquisition
terminal
bapital stock in Illinois Bottled Gas Co., the
changed
to Dri-Gas Corp."—V.
170.
p.
1089.
of
all
of
name
.
,,
of
,b
the
Y
has been
.YY'V"
-
b
-
Old
National
leases
8
Bank
test
lying
East,
Okla.
Wewoka,
Building,
in
relatively
a
approximately
'
one
approximately
$171,000
for
producers. To July 31, 1949,
wells completed as producers
,1
•
July,
•
,
,
principal
the
Y
either
the
to
exchanged
for
with
of
the
The
each
the
par
share
25c
of
has
value
25
cents
the
and
the
number
public
treasury
the
of
the balance
of
corporation.—V.
Y
•.
50
offering,
to
shares
presently
presently out250,000 shares
40,190 shares will
170,
re¬
value
of
returned
were
of
2,000,000, of which 1,119,810 shares are
590,000 shares are presently offered for sale,
options and
been
par
value
par
value
par
The
to
drilling
'"■.•'Y* Y
outstanding capitali¬
of
of
exchange
252,674 shares of
the present holders.
payable
the
capital.
shares
of
notes
of
$55,000;
1949,
two
average
securing
the oil payments,
attractive
to
the
of
retirement
50c).
and
both
or
an
the
is
for
:
■>
working
July 25,
(par
share
produced
sufficiently
amount
of
by
127,292
.
additional
shares
per
wells
its. purpose
as
discount
obtained;
connection
reserved
in
of
a
for
equivalent
are
has
be
of
these
1
.
retirement
whether
been
payments^...,....
1949,
gross.
financing
cents
oil
$61,333
and
treasury
standing,
Y
remain
"
1441.
p.
5%
Wilcox-Gay Corp.*—Changes in Personnel-
of
Chester Wilcox,
founder,
and
for
over
30
years,
corporation, has resigned as President and Treasurer
.
health.
and
bonds
which
He
member
except
Dr.
Yof
will
of
12
stock
to
at
redeem
$115
per
said
shares
at
properties
•
of
this
93,479,200 kwh.,
kwh.,
the
for
a
retail
265
D.
operation
Period End.
Aug! 31—
issue
due
corresponding
week
the
sale
three
at
the
end
of
Co.,
7
$6,551,436
$672,100
$1,152,549
7 $992,275
181,683
155,195
252,362
$589,012
$516,905
$900,187
;
222,355
available
pfd.
Commission,
bonds
bids
with
five
follows:
as
it
entered
into
institutional,
John
Hancock
negotiations
investors,
Mutual
Of
Life
134,623
.
♦Including provision for
$454,384
$769,920
134,628
income
*,
201,943
199,859
$382,277
$598,244
$570,061
taxes
>
'}■
Y
for
these,- >
;Y
of par at 3% interest; The Northwestern Mutual Life
Co., -T00.087 % of par at 3 % interest; and the Travelers
Co., 100.00% of par at 3%- interest, plus accrued interest
Aug.
1,
1949
in each
instance.
The
company
accepted
the
r*':v
Hancock
bid,
subject
the bond
from
SEC
has
given
167.
to
sale
SEC
will
interested
clearance.
be
used
for
Y
-
construction
until
persons
Oct,
24
890.
p.
Y
to
■
7
purposes.
request
a
<
Y;
'
1949—Month—1948
1949—9 Mos.-Yl948
'*
.
_—____$46,503,837 $47,113,429 $400,972,876 $409,533,176
,
(
.
The
of
the
owners
would
and
;
■
station
will
signal
set
the
will
be
on
Channel
2
will
split with 50
cents to
phone company dividing the
Commander
E.
televise
the
newest
movies.
into the 300 homes via telephone wire,
cents or $1 per picture. The revenue from
come
pay 75
F.
McDonald,
the
film
company
Part
$1
and the station
other half.
President
of
this
corporation, does
not
picture phonevision as replacing free television, but as supplementing
The plan is to have a
station show two, ,three or four feature
a
week via phonevision, In addition to its regular schedule of
movies
sponsored
and
depreciation.
-YY
about
shows.
addition
$10
television
to
of
the
station
phonevision
retail
for
cost
of
equipment
the set.
phonevision.—V.
It
170,
to a
will
p.
receiving
ccst
1441.
set
$3,000
to
will
4
and
a
it.
stock
:
■
(F. W.) Woolworth Co.—September Sales Lower-
The
;
Y^
corporation has developed a system,*1 "Phonevision," for giving
a "box office."
It will be tested on a large scale during the
.coming months.
A total Of 300 phonevision sets will be installed in
Chicago, 111., homes, probably early next year, and the Zenith experi- '
$5,903,783
Yv $770,695
dividends
'
position
television
2,869
on
the
—V. 170, p. 988.
$989,406
Balance
accepted
Insurance
hearing.—V.
,
1949—12 Mos.—1948
2,866
Dividends
has
.Zenith Radio Corp.—To Instal Phonevision Sets—
Inc.—Earnings—
2,014
income
the
period End. Sept. 30—
3,512
for
board,
John
from
the
of
Sales
4,914,377
Net
the
100.94%
from
September,
$1,149,683
deduc.
a
sell
to
submitted
John
•
-5,401,733
other
and
:YY-Vh
YY'.-v'Y-consulting engineer, who has
Insurance
of
$670,086
&
ill y
as
Insurance
3,340,261
income
of
of
Treasurer.
and
1977
.^authorization
company for the
decrease of 17.56%
$769,183
Gross
member
this
of
remain
consultant.
a
industrialist
a
head
because
will
has filed
company
to
series
.
3,651.399
Interest
as
and
1949—9 Mos.—1948
1949—8 Mos.—1948
$4,420,582
$4,010,347
expenses
operating
and
well
as
interest
an
application with the SEC for authoriza$1,500,000 of first mortgage bonds of a 3%
Hancock Mutual Life Insurance Co.
Y
The company seeks an
exemption of the sale of the bonds from
competitive bidding. The application states that, pursuant to informal
tion
will
income
Net
as
financial
Wisconsin River Power Co.—Private Financing—
;
Co.—Sept. Sales Higher—
in
Mayer,
his
Gearhart, a member of the board of directors for the past
has been appointed Chairman of the Board.—V. 166, p. 803.
Proceeds
units
E.
President
yY: The
on
the
board
years
five years,
share
redemption price
of
continue
the
Emil
served
of
"outstanding
which
other
the
the
mental TV
,
of
these
in
have
fee
•The earnings
Jarren
and
of
for
the
the
Non-operating income—
ab-
of
can
25
authorized
$11,885,000 $11,264,000 $88,264,000 $91,432,000
were
•Operating
Y
five
day
per
wells,
cents. Y In
during
gas
824
...
month
upon
to
stock
bonds
stock,
securities
elected
full
1949—Month—1948
Operating revenues jY_-_
earnings
largely to the de¬
in prices of natural gasoline and liquefied petroleum
of
.
the
consisted
duced
called
company
common
Co.
also
surrender
Western Light & Telephone Co.,
$8.21
Offered—Birnbaum
;
office
east
CAPITALIZATION—Prior
zation
1949, compared with 262 a year ago. Wholesale accounts in the latest
period totaled 2,306, against 2,020 a year ago.—V. 170, p. 988.
600,000
taxes
and
share
-
$188,625
b'ols.
corporation
4,926,388
charges
common
half
Y
$47,762,450
corporation from
last
'
1947
Corp.—Stock
•."
miles
royalties
Ystockholders
170, p. 1441.
Period End. Sept. 30—
There
outstandings—;77/7l,6994507^1,699,450
after
shares
Samings. per
1949.7,7 71948
revenue
1,458,974
follows;
funds
Fred
and
1949 totaled
8,
Sales
Warren Petroleum Corp.
two
company
depending
The
$13,114.306$13.826,995 $118,241,500 $119,754,401
5,206,569
consists of 1,010 acres of
Township 8 North, Range
from
the
77.69
capital
redemption agent, 16 Wall Street, New York,- N. Y.
Western Auto Supply
170, p. 1039.
128,148,638
155,107
company's
PURPOSE—This
Preferred Stocks—Also Class
payment
(presentation
output
week
1949—^9 Mos.—1948
$
'
114,774
Petroleum
as
to
For
of
Weekly Electric Production Declined 17.56%—
'•
^
120,361,711
operations
in
return
Walgreen Co.—September Sales Decrease—
1949^-Montb—1948
194,—6 ^..—1948
-
16,085.888
present
Return
of
by The West Penn Electric Co. The closing
stock offerings marks the completion of the plan.
share and dividends.
It has
1949, all of the outstanding class
from
Period End. Sept. 30—
1949—Month—1948
_
in
assumed
Bankers Trust Do.,
<•
Co.—August Earnings—
-15,550.308
and
Landowners
approxi¬
shares
Y
'
1340.
p.
Gross return
under
shares
provided
senior
Traction
per
30,
-and
■
170,
•.
.
property
has
an
The company has called for redemption on Nov. 15,
next, all of
its outstanding 6%
cumulative preferred stock at $110 per share and
dividends, and all of its outstanding 7% cumulative preferred stock
Financing—
purposes.—V.
Wash.
A Shares—
be
360,826
a>l,8t>2,501
management
has
spent
drilling nine test wells and equipping the
were
under
for exchange will be
on
additional
To Redeem 6% and 7%
-
389,637
$1,919,166
speculation.
north
The
over¬
share
a
stock, or over 250,000
available for exchange. All
announced
856,895
retirement
-the common
■
44,346
$563,891
charges, i. e., capital fund, interest
general mortgage 4'/2% income bonds, sinking fund and
Agent,
block
mile
Offering
President,
an¬
common
share3
1,068,244
1340.
as a
The
solid
Stock
$31,000,000 of 3%% sinking fund collateral
at competitive bidding at a price to the
and
have
1441.
.
the
$4,372,500
jt is reported, is planning the sale of $3,465,000
certificates.
Eids expected about -Nov. 9.—V. • 170,
qujpment- trust
$133,554
stockholders
common
total
a
common
640,000
sold
for
Corp. above.
RR.—Possible
company,
The
of
101.5799
1,500,000
Victor Electric Products, Inc.—New Control—
Wabash
as
common
stockholders
an
oversubscription
of
27,299
subscriptions comprised 424,972 shares taken by stock¬
under a' rights offer in
the ratio of one new share for each
The
at
t.~Maxsont
are
the
for
426,647
$3,281,571
337,426
redemption.
Dec.
W.
above
1948
Thompson,
preferred and Class A stock not accepted
for
170, p. -1440.
See
that
10
*S.
450,957
"$2,646,229
Cr2,543
HISTORY—Corporation was incorporated in Oklahoma Aug. 16,
1948,
as
an
incorporation of a
mining
partnership
doing
business
as
Wewoka Oil Group.
The latter was formed in March, 1946, to
pur¬
chase and operate a producing oil
property and undeveloped oil and
gas
leases in Seminole County, Okla.
Additional adjacent producing
and
nonproducing leases were purchased in July,
1946.
With
the
exception of 80 acres, the entire present
holdings are in Seminole
County.
••)•*' 1
respective
from
of
.excess
[barl M. Loeb, Rhoades
-V.
the
Co.—Common
privilege.
of 6%
preferred, 7%
preferred and
exchange offer were sufficient to require
of
& Sons
the
for
833.
p.
42,367
$605,694
66,613
Co., New York, is offering 590,000 shares of capital
(par 25c) at 50c per share.;. These shares are of¬
Transfer
subsidiary
71,909
170,
641,739
$2,854,924
$375,898
on
p.
additional
recently
Rollins
foreign
our
companies
included in
not
are
Electric
Oct.
shares
the
•979, and the 148.155 shares of additional common-stock will initially
become part of company's general funds and as such may be appliedpo any of its corporate purposes, which include capital expenditures
for construction.
(For details of company, construction
program, capi¬
talization, etc., see V. 190, p. 1088).
k;
of
oversubscription
re-
P,URPQSE—The net proceeds to be received by company from the
£a!e of the $3,000,000 first mortgage bonds, 27/»% rt$eries due Oct. 1,
.
those
from
Deposits
BONDS^-Bonds
or improvement fund requirement or with proceeds
property or with proceeds of certain deposited col¬
the redemption prices ranging from 102 % in 1950 to 100.24
release
170,
fered
of
The
holders
[he current sinking
the
which
$59,600.—V.
Penu
Subscriptions
received
re-
leemablp at the option of company, or pursuant to the requirements
)f the mortgage, as supplemented, upon like notice with cash
deposited
)t
the
effect
profit
Oct. 7.
company, or pursuant to the require¬
supplemented, in whole or in part, on at
the redemption prices, ranging irom 105'/2
REDEMPTION
to
The
offering of 468,621 additional shares of
stock, and that deposits of 6% preferred, 7%
preferred and $7 class A shares for exchange for com¬
mon
stock far exceeds the deposits necessary to take
up the
388,274 shares of common stock available for
exchange. The subscription and exchange offers, essen¬
tial parts of the company's refinancing program, expired
fin 1950 to 100.24 in 1978.
SPECIAL
received
of
633,967
$2,195,272
stock
common
as
at
periods,
subscribed
&
Lehman
[leemable either at the option of
ments. of
effect
dollar
$250,032
nounced
of $3,000,000 of October,' 1979, series bonds) to retire
October, 1970, series bonds or to cause the waiver of the
right to the authentication and delivery of an equal principal gmount
>f bonds issued under the mortgage, as supplemented.
REDEMPTION
earnings
Oversubscribed—Earle
of
GENERAL
give
1949.
States
—
•West
Kidder,
Barney
100.769;
FUND—Commencing
1977,
not
19,
United
subsidiary
proximately
other
issue
5900,000
net
140,856
$563,327
50,124
from
Spokane,
information
""$3,496^663
$259,161
; Y Wewoka
Division
net earnings of the British subsidiary do not give effect to the
the pound sterling on Sept. 19, 1949.
The effect of such
devaluation is a reduction in the United Slates dollar
profit of ap¬
York, trustee,
SINKING
♦$108,418
Canadian
The
100.1149.
Interest payable
1979.
1,
of -102.091.
& Co.
Equitable
1949;
York
—V.
devaluation of
received at the sale.
These
Bros.*& Hutzler, 101.45117; The*
101.27; Halsey, Stuart
101.101; Unicn Securities
1,
New
docs
Sept.
on
the
the
$178,122
Total
were
Salomon
in
794,560
$2,829,239
100,386
revenues
the
bid
a
Securities
Bear, Stearns & Cd. (jointly),
Oct.
in
21/a%
a
100.94;
and
Dated
>ct.- 1
Oct.
Corp.,
Co.,
[Co.. (jointly),
brothers
awarded
dollar
reduction
a
upon
months'
Brazilian
let 1,1979 at 102.50 and interest.
was
which
summary
Canadian
is
operations of
British
sub¬
—
Carl M. Loeb, Rhoades & Co. and E.
Rollins & Sons, Inc. (as sole underwriters) on Oct. 13
)ffered $3,000,000 first mortgage bonds, 27/8% Series due
issue
the
of
987,386
$704,133
54,947
y'
&
the
840,747
813,325
$320,951
Period End. Aug. 31—
63,000
of
833,128
income
Deficit
1949
1440.
p.
results
-
"$6,119,356
Crl40,863
income
Gross
taxes
provision
this
in
Based
nine
Bonds Offered
The
inc.
$4,334,830
'
follows:
and
has
stock
jmmon
15,653
$59,222
devaluation
(2)
Smith, Barney & Co. announce
the public offering of 60,535 unsubscribed shares of
[that
♦$155,764
7,152
approximately $1,600.
interest
Light Co.—CommofrTssue Sold—Union
.
prior year's Federal
The
included
are
■
599.
&
$66,374
taxes....
income
profit
NOTES—(1)
.
610,000 Y
:
„
505,000
Corp.
of
Canadian
~
$1,256,347
Western Union Telegraph
:
"•Loss.
.
'
—145,000
i
construction
Utah Power
and
carry-back
companies,
Securities
261,505
a
Fed.
refund
Net
Co.
Gas
p.
for
1949—8 Mos.—1948
$4,321,040 $28,423,644 $29,403,879
3,064,693
24,088,814
23,284,523
108,520
$417,270
343,937
.
Ry. and Tidewater Southern Ry. Co.)
$421,337
inc—
oper.
other corporate
$277,563
—.
...
profit
Prov.
/
loss..
(net)
YY-'Y"
•' $
109,286
Dr)
ry.
requirements
»
to
advances
170,
operating
income
under
the proposal, UGI would make advances
Co..
their
of
Net
Other
applied -to *'tlxe1
have
larrisburg Gas Co."
of
t"'
Net
incasterCouhty "Gas- Co.7777
Ulehtown-Bethlehem
Proceeds
The
Yaqud-7
the
follows:
as
Consumers. Gas
fast
Co.—Advances to 5JubS;,rr-^
four of its subsidiaries
authorizing open account
subsidiaries
of
ships ol
new
use
arid
company
fSEC for an order
[the subsidiaries.. Under
[the
the
8,
Nov.
improvement
United Gas
The
of
because
[service will begin on
[type.—V. 170, p. 536.
Y'm'YY•
'•
1
:
♦Amount available for contingent
'
•
regulatory
proper
1340.
334,357
income
♦Net
the
p.
100,340
Fixed charges
1949
quantity
sold
1950.
15,000
present
109,127
...
Miscellaneous deductions
4,754,078
and
trade
goods
the
111,953
tax
(net
Net
•
to
Subs.)—Earnings—Y'1'^
$742,757
Railway oper. income
Equip, and joint facil.
Secretary.—V. 160.
from
•'
1949—Month—1948
ry. oper.
other
Secretary-Treasurer
.'Nine Months Ended Aug. 31—
resume;,,
[its
Northern
...
Income
■
nave
aDout
accruals—
Payroll
Wayne Pump Co.—Earnings—
.
(&
3,067,106
All
you
expenditures
approximately
offered
170,
•,
expenses.
tax
of
be
financing
made.—V.
i
•
oper.
Total
United Fruit Co.—Unit to Resume Florida Service—
the
is
*
Railway
President;
Assistant
Loveland,
first
$3,809,863
directors.
Loeb,
'
revenues.
Other
■
-
the
for
company
Vice-President;
Manager, and
(Y ;Y Y...
1
of
for
offering
'"'.i
•.
Net rev. from
meeting of
officers
as
the
*'
Railway
As
estimated
issuance
will
oper.
Olympia, Wash.; Frank
New York; Herbert D. Marshall, Omaha, Neb.; Nathaniel
GUdden', New York; Leo Loeb, New York; Reno Odlin Sr., Tacoma,
Wash.;-:-and Ethan Allen Pyser, Seattle, Wash.
They will serve until
the
approval
before
the
by
which
Period End. Aug. 31—
Coxe to become directors
customers.
new
additional
Railway
6%
them
to
of
The
additional
requirements will be secured
mortgage bonds and debentures.
It is necessary
first
of
the
(Including Sacramento
the
of
provided
stock
Western Pacific RR.
yy
;
date of the final decree was set
bonds of, and other claims against, 7
for new securities or cash in accord¬
from
years
sale
V Vy
■
be
stockholders.
secure
bodies
will
common
the
studies
year
of
common
holders
service
of
notified,
completed which will require financing amounting to
to carry the construction program through the
funds
shares
proceeds of
') v-Y-" i';.'7
stockholders
-
all
These
New
for
providing
extension
been
been
$3,000,000
A.
Nathan
plan
systems
the
for
already
have
Ginberg,
1726.
p.
Power
in
may exchange
-the plan,
Named
Inc.- above.—V.
Industries,
Utah
stated
of
plant
of
F.
expenses,
Engineering &'Foundry Co.—French Contract
SKF
the
subsid.ary.
trustee,
to
following persons were named by Judge
the.-reorganized company: A. W. Ghitty,
John
See
the
Y..7'777v:''Y 7v-Y
with
ance
| total, $54,369,014.—V. 170, 1340.
United
for
stock
common
the
amendment
an
.
Coxe
debtor
of
$85,000; capital surplus,
Dec. 31, 1946), $3,821,257;
to
of
7 The
notes
to financial adviser.
surplus
bond of
provides that
during); Which Time holders
to banks due April 26, 1950 (interest at 2%%), $4,000,000;
taxes (other than income taxi, $49,126; Federal income tax,
($222,890;
>
stock
shares
20
$1,000
also
Southern
sale.
and
submit
7-A .period
30,
IU.
LIABILITIES—Common
the first eight months of the
year, expenditures for additions
and property amounted to $2,900,000,
consisting principally
expenditures for additions to electric generating
stations, and in
the
telephone
three
department,
conversions
trom
magneto
type
equipment to the more modern common battery and/or dial
to
"fair,, equitable,
as
Washington Gas "are hereby enjoined from asserting,
any liability against the debtor or its
property
upon any claim, debt, interest discharged or terminated
by the plan."
Under the plan the Empire Trust Co. was
selected as the depository
by which the cash and securities will be distributed.
Y
$76,154,185>, carried at values based oh those restated as
1938,' with subsequent additions at cost, $50,717,494;
S. Government securities, at cost, $599,949; cash in'banks, $3,051,15714 total, $54,369,014.
Y;'Y; YYYY;:Y> Yv
'.7:.
June
10
attempting to assert
or
value,
lat
Oct.
reorganization
oi
of cla.ms against
■.«
;
(indicated
each
plan
Judge
.
bonds
may
the
the
v.
"
•
for
The
York,
"
*
6%
■
of
securities .exchanged
'
7
y
Plan lor Retirement of Preference Stock.
confirmed
plan
order
Power
$215,515
net income
—
Coxe
trustee's
51
Additional Financing for
Additions, Etc.—
the company
present
$1,067,657
852,142
.
Alfred C.
tne
(1539)
In
The
65,000
28,154,
,
CHRONICLE
confirming the' plan 'also named tlie directors, and otneers
and its subsidiary, Southern Utah Power Co.
plan, dated Dec. 7, 1948, provides for the distribution of 30 *;
shares of common stock of
Washington Gas for each $1,000 of the
45,415
——
Judge
feasible"
The
$1,192,300
cumulative preference stock-—
$3
Balance of
Federal
and
63,386
,—7
FINANCIAL
Washington Gas & Electric Co.—Reorganization Plan
Confirmed by Court—
Y \
1948
$525,303
7
expenses
[Dividend of
"
$525,303 <"$1,185,893
\n»- 6,407
>••'■
—
'*
;<
---
7 1949
•
[Income from dividends[Interest
"•.
COMMERCIAL &
add
equip
a
>'
52
(1540)
COMMERCIAL
THE
STATE AND
&
CHRONICLE
FINANCIAL
Monday, October 17,-1949
DEPARTMENT
CITY
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
in
1954; $25,000 from 1955 to don, at 0.70% interest. Dated Oct.
inclusive, and $20,000 in 10, 1949. Due on May 19, 1950.
interest
1967
Birmingham, Ala.
Bond
Offering
strong,
City
receive
chase
bids
Nov.
on
of
Arm¬
Comptroller,
sealed
(CST)
E.
C.
—
1968 and
until
for
10
$2,480,000
noon
the
not
1964 inclusive.
pur¬
to
100,000 park bonds.
Due $5,000
on
Nov. 1 from 1950 to 1969
ex¬
ceed 4%
interest capital improve¬
refunding- coupon
bonds.
Dated Dec. 1, 1949.
Denomina¬
tion $1,000.
Due Dec. 1, as fol¬
inclusive.
ment
lows:
$50,000
in
$80,000
1955
to
the
right
1953,
and
$100 000 in
City reserves
and
The
call for redemption
to
in
or
their
of
1952
1954,
1977.
in whole
der
in
part, in inverse
numbers,
or¬
Dec.
1,
1959, or on any interest payment
date subsequent thereto, any of
the bonds having a stated ma¬
on
turity, later than Dec. 1, 1959, at
a redemption price of par and ac¬
crued
interest plus a premium
equal to 6 months interest at the
rate
borne
by
bond
the
called.
Bidders required to name the rate
of interest, expressed in a mul¬
Principal and
tiple of V\ of 1%.
interest
(J-D)
payable
at
the
Chemical Bank & Trust Co., New
York
the First Na¬
tional Bank, Birmingham, or at
the Birmingham Trust National
City,
at
or
Bank, Birmingham, at the option
of the purchaser. The approving
opinion of Wood, King & Daw¬
son, of New York City, will be
furnished to the purchaser by the
City
Commission.
A
certified
check for $49,600 is required.
'P ' •/ ,'i.:'..; V • •/ ■';/ ""
Florence, Ala.
Sold
Warrants
—
has
sold
been
■
issue
An
school
refunding
$150,000
rants
if
V.
.
of
war¬
Hendrix
to
75,000 fire station bonds.
Due
$5,000 on Nov. 1 from 1950 to
Nov. 1, 1949. Denomina¬
tion $1,000. Principal and interest
(M-N) payable at the City Treas¬
urer's office.
Dated Oct.
1
from
";
*,
of
cost
1979
to
>
Bond
Offering
President
—
J.
N.
School
the
of
Hout,
Board
will receive sealed bids until Oct.
25
the
for
3y4%
purchase
school
bonds.
1, 1949. Due
to
date
The
Interest
opinion
approving
market attorney
the
name
County,
;77r:&>7
to
exceed
Dec.
000.
&
Of
as
l;
from
87,000
1950
1,
to
as
Principal
payable
at
Treasurer's
the
name
office.
Bond
Sale,
school
$1,follows:
inclu¬
County
Bidders
to
of
interest, ex¬
multiple of V\ of 1%.
a
The bonds
were
election
interest
rate
pressed in
held
authorized at the
on
July
15,
1949.
The
approving opinion of Orrick,
Dahlquist, Neff & Herrington, of
San Francisco, will be furnished
to
the
check
purchaser.
$1,000, payable to the
for
County
certified
A
Treasurer,
is
required.
Oxnark, Calif.
Bond Offering—Ethel Dale, City
Clerk, will receive sealed bids un¬
til
the
11
a.m.
(PST)
on
Due
1959
to
Oct.
on
bonds
p.
1968
Oct. 20 for
Oct.
1,
1950
$600,000
as
sewer
$45,000
:
•' 1952;
in
$65,000
in
$60,000 in 1953; $30,000
Spalding,
100.06,
Oct.
7
were
basis of about 2.24%.
a
Dated Oct. 1, 1949. Due on Dec. 1,
as follows:
$10,000 in 1950; $20,000 in 1951 and 1952; $25,000 from
1953
to
from
1956
1955
to
$25,000 from
sive.
man
inclusive;
$20,000
inclusive, and
1960
1961
to
inclu¬
1968
Legality approved by Chap¬
Cutler, of Chicago.
&
Freeburg," til.
about
1966
of
$40,000
and: water system revenue
bonds has been sold to the Munic¬
sewer
ipal Bond Corp., of Chicago.
has
been
sold to C. E» Bohlander. &. Co., of
Barcus,
Kindred
&
Chicago, at a price of
Aug. 1, 1949. Due
to
Day,
ceive
(CST)
Dec.
of
inclusive.
sealed
interest
Due
Oct.
on
$73,000
1,
from
Bidders to
Town
furnished.
2%
as
1955
name
A
awarded
Bank of
to
to
exceed
$1,000.
1951
interest
j
f
bonds,
Denomination
$20,000 on July 1,
Jan. 1 and July 1
Due
1950; $20,000
from
4%
1949
1
on
to
1960
inclusive, and
Jan. 1,1961. Bidders to \
interest, express¬
ed in a multiple of y4 of 1%. The - ,i
approving opinion of Ross, Mc- <
Cord, Ice & Miller, of Indianapolis A
will be furnished to the purchas- *
]
er at the expense of the
County. A
1
$10,000
on
the rate of
name
; check
for' 3% of the
bonds, payable to the Board of
County Commissioners, is^ xe-«
quired.
.TV--"
5
.
,
,
"J
i
-
Vernon)* Ind.
Offering—W. H. Simpson,
will receive
i
I
|
Township .Trustee,
sealed
bids until 7 p.m. (CST)
on ;
^
Oct. 24 for the purchase of $16,000
not to exceed 4% interest
as
*
follows:
to
the
Oct.
1,
10
a.m.
exceed
1948.
3%
as
Due
City
ceive
Controller,
sealed
bids
will
until
2
re -
p.m.
(CST) on Oct. 17 for the purchase
$125,000 not to exceed 3% in¬
terest
side
east
bonds.
Dated
fire
Sept.
station
1,
1949.
1949
De¬
name
the rate
of
interest, expressed in a mul¬
tiple of V\ of 1%. The approving
opinion of Ross, McCord, Ice &
Miller, of Indianapolis, will be
I
dates
dates.
constitute
the
after
expense
of the
City. A
check for $5,000,
These
an
Hope, Ind.
stone
&
Co., for 2s, at
a
price of
100.76.
12,000,000 park imnrovem't 1949
Due
\
on
Dated
Nov.
„
\
1
A
the
&
the
Bond
(P. O. Pittsboro), Ind.
Sale—The
$15,000
1341—were awarded to
all
of
Indianapolis,
1, 1949. price of 100.25, a
1969.
Ke- 1.70%, as follows:
deemabje at: par and accrued
purchaser, at the
of the Townships.
check
in
for
$500,
A
cer-
payable
j1
to
Townships, is required.
IOWA
Cresco,
Iowa
been
as
improvement
sold
2V2s, at
Essex
Bond
to
a
$18,000
bonds
Cresco
State
price of
has
Bank,
Indep. Sch. Dist., Iowa
Sale
$11,000
-
The
$55:000 high
school gymnasium and
equipment
bonds offered July 12—v.
170, p.
—
|
\
151—were
awarded to Sparks &
Co., of Des Moines, as 23/4s, at a
price of 100.45, a basis of about
1949. Due
on
Nov.
1
from
1950 to
j
;
1969 inclusive.
build¬
a
syn¬
as l%s, at a
basis of about
School Twp.
I
par.
Iowa (State
of)
Bond' Offering — J. M.
Grimes,
State Treasurer, will receive seal¬
Hughes & Co.; Indianapolis Bond ed bids until Nov. 2 for the
chase of $8,750,000 service
&
Share
Corp.; City Securities
Corp., and the Fletcher Trust Co., pensation bonds.
Nov.
1,
expressed
2.70%, to maturity. Dated Aug. 1,...
Middle Twp.
dicate composed of Raffensperger,
each of the years 1963 to 1966.
Commerc^, of New, Lon¬
Bond Sale—The $12,750 fire de¬
partment of 1949 bonds offered
p.
bonds.
I
Denominame
Bonds Sold—An issue of
taxes have been levied,
$320,000 for each of the years
'
tified
ing bonds offered Oct. 10—v. 170,
1962, and $300,000 for
interest,
expense
street
interest, and for pay¬
of principal of said total
issue
-
of
furnished to the
City, is required.
ment
National
Dated Sept. 15, 1949.
nation $500. Bidders to
certified
accrued
10
sive, and $1,000 in 1964.
8,000 Civil Township bonds. Due
on
Dec. 30, as follows: $500
from
1950 to
1963 inclusive,
and $1,000 in 1964.
payable to the
unsold
issue of $6,000,redeemable at par and
to
bonds.
furnished to the purchaser at the
on
Redeemable at
respective
000,
Counsel,
certified
Township
J
payment
balance of
School
f
&
and accrued interest May
said
Note Sale—The $600,000 tax an¬
were
not
multiple of % of 1%. The approv¬
ing opinion of Ross, McCord, Ice
& Miller, of
Indianapolis, will be
bonds, divided
1, 1968.
bonds
1948
offered
Nov.
terest
of the
notes
000
on
Dec. 30, as follows:
$500 from. 1950 to 1963 inclu¬
—
bonds, pay¬
able to the Town Treasurer, is re¬
ticipation
Bond Offering—Otto H. Meyer,
County Auditor, will receive seal¬
ed bids until 10 aim.
(CST) on
Oct. 17 for the purchase of $430,-
$8,000
1, as follows: $150,000 in 1950 Oct. 11
v. 170, p. 1341 — were
1955;
$163,000
ini 1956; awarded to the Hope State Bank,
$162,000 in 1957; $175,000 in as 1Y2S, at a price of par. Dated
1958 to 1961; $163,000 in 1962; Sept.
1, 1949. Due on July 1 from
$162,000 in 1963, and $150,000 1950 to 1958 inclusive. The second
in 1964 to 1968, or on
any in¬ highest bidder was Frank E. Hail¬
interest, expressed in a
multiple of y4 of*l%. The approv¬
for
O.
Charles
until
not
coupon
Nov.
ing opinion of Ropes, Gray, Best,
Goolidge &"Rugg, of Boston, and
check
County (P.
Evansville), Ind.
a
$3,000,000 park improvem't bonds.
the rate of
Gerety,
~
,
rate
follows:
follows: $74,000 from 1950 to 1954
J.
•
Vanderburgh
divided
INDIANA
to
be
'
:
1949.
July 1, 1950, and $5,000 on Jan. 1
and July 1 from 1951 to 1962 in¬
Oct. 25 for the purchase
on
bonds. Dated Oct. 1, 1949. Denom¬
will
1,
nomination $1,000. Due $5,000 on
by
bids
$15,000,000
par
Pierce
I
Oct.
inclusive. Le¬
1962
approved
000 not to exceed 2% interest Mill
Plain School First Series coupon
and
clusive.
Dated
bonds;
Bond Offering—Edwin F. Diek-
Dated
Dated
inclusive,
Due
1964
20,000 Civil Twp. bonds. Due on
July 1 from 1951 to 1964 in¬
Bond
bonds
revenue
bonds.
1950 to
1 from
Vernon Twp. (P* 0„
Bonds Sold—An issue of $60,000
water
clusive. Bidders to
1.58%.
on
to
1952
be received until 3 p.m. (EST) on
Oct. 18 for the purchase of $1,100,-
to 1964 inclusive.
July
inclusive.
Due
Chicago Park Dist., III.
Bond Offering — LeRoy Wood¬
land, District Treasurer, will re¬
of New
price of
a
1946. Due
$1,000.
School Twp.
on
to
follows:
as
$46,000
Kelley, of Atlanta.
a
Fairfield, Conn.
ination
on
in¬
certified
Bonds Sold—An issue of
Sibley,
Trauernicht, of St. Louis.
B
170,
v.
to
New London, Conn.
bonds. Due Nov. 1,
$35,000 in 1950;
1951;
sold
gality
Bond Offering—Sealed bids will
follows:
follows:
offered
of
purchase of $1,075,000 not to
2y2% interest 1949 bonds, quired.
as
of
mann,
Co.,
—
at
of
to
apolis.
Halsey, Stuart & Co.,
county orphanage
Mullaney, Wells & Co., of
Dated Oct. 1, 1949.
Chicago, jointly, as 2y4s, at a price
Carrier Mills, III.
Bonds Sold—An issue of $20,000
4% street improvement bonds has
1
from
Series
7
Williams,
1.60s,
Dec.
from
bonds
to
as
1958
Co., of Indian¬
and
dated April
approved
Due
to
1342—were awarded
the Fletcher Trust
rate
(P. O. Arlington Heights), III.
ILLINOIS
exceed
divided
by
1
inclusive.
awarded
basis
a
Dated
1
&
as
the
Cook County Sch. Dist. No. 25
been
Oct.
on
improvement,
offered
1341—were
Stoddard
been
1951
$66,000 build¬
bonds offered Oct. 7—
1949
170, p.
v.
Evansville, Ind.
Sale—The $129,000 water
system
ing
Treasurer's
name
obligation of the city BlOomihgton.
Troutman &
inclusive.
2%s, Due
1960
1
103.25.
1964
and
the
have
and
from
Sale—The
District, is required.
inclusive.
1955
to
Oct.
on
Danbury, Conn.
v
(J-D)
1956
as
sive, and $6,000 from 1965 to 1969
inclusive.
to
2y4s.
as
to the
Bond
Henry, III.
are
1
clusive.
.
Due
CONNECTICUT
Denomination
Dec.
on
1952
from
limited tax
to
interest, expressed in a multi¬
ple of % of 1%. The approving
opinion of Chapman & Cutler, of
Chicago, will be furnished to the
purchaser by the District. A cer¬
tified check for $250,000, payable
■
1949. Denomination $1,000. In¬
A-CL
The bonds are un¬
1,
District
Bidders
:
terest
legality
2y2s.
as
100.09,
1949.
,
elusive.
All of the bonds
Christensen, and Walter
follows:
$74,000
Haven,
from
;
-
Co.,; att: Of Denver, at a price
100.19,' a basis of about 2.36%,
Union
interest
pur¬
260,000 electric bonds.
Due on
April 1 from 1950 to 1978 in-
composed of
Co., Bosworth, Sul¬
livan, •&
Co., Coughlin & Co.,
Carrett^Bromfield & Co., Peters,
registered bonds. Dated
Due
$7,000
5%"
were
1 from 1950 to 1978 inclusive.
awarded
&
Writer &
the
at
of
100,000 gas bonds: Due :dh April
syndicate
a
Boettcher
able
office.
'
elusive.'r''■
date
awarded to
following
$100,000 street
bonds.
Due
on
;
Antfl t from 1930Fto 1978 in-
O.
County Clerk, will receive sealed
10 a.m. (PST) on Nov.
7 for the purchase of $135,000 not
coupon or
'
1026—were
p.
239,000
bids until
to
170,
—v.
some
B.
W.
Ga.r
bonds
earliest
the
on
Bond Sale—The $425,000 build¬
The
—
$460,000 2lk%
Dated Oct. 1, 1949.
Hamilton
—
COLORADO
from
Sch. Dist. (P.
Willows), Calif.
Offering
ex¬
Monte Vista, Colo.
•
High
Bond
interest,
Sale
1961
Indiana
date
are
callable
for
payment.
Principal and interest (M-N) pay¬
ing
chased
recently, by a syndicate
approving opinion of O'Melcomposed of Johnson, Lane, Space
veny & Myers, of Los Angeles,
& Co., Citizens & Southern Na¬
will be furnished to the
purchaser, tional
Bank, J. H. Hilsman & Co.,.
at the expense of the city. A cer¬
Norris & Hirschberg, • Courts &
tified check for 2% of the princi¬
Co., and Clement A. Evans & Co.,
pal amount of the bonds, payable
all
of
Atlanta, at a price ot
to the city, is required.
101.972, a basis of about 2.359%.
CALIFORNIA
Glen
of
Albany,
Bond
pressed in a,multiple of V\ of 1%.
is expected to be
paid by the purchaser.
'
rate
Jan.
All bonds
will first be redeemed before any
bonds optional at
a
subsequent
GEORGIA
\
The
(J-J).
of
redeemable
of
1950 to
4,00u oivn Twp. bonds.
1967.
1964 to
Denomination $1,000.
FLORIDA
redemption to the date of
maturity of the bond. Bidders to
Dated
Jan. 1 from 1950
on
inclusive.
1975
$350,000
Sept..
of
from 1950 to 1969 inclusive.
principal amount thereof for each
unexpired year from the proposed
1 from
Dated July 1, 1949. The second
highest bidder was Frank E. Hail¬
stone & Co., for $11,000 as 2s, at a
For the payment of principal
price of 100.79, and Union Trust
of
said issue, taxes will be
Co., Indianapolis, for $4,000 as 2s,
levied, $640,000 for each of at a price of 100.34.
the years 1949 to 1963, and
Union Twp. (P~. O. Bargersville),
$600,000 for each of the years
100.70, a basis of about 1.62%.
Sept. 1, 1949. Due on Sept.
the bond or bonds called, accrued second
highest bidder was B. J.
interest thereon to the date fixed Van
Ingen & Co., on a bid reflect¬
for redemption in the notice, plus ing a net interest cost of about
a
premium of *4 of 1 % of the 2.89%.
July
on
inclusive.
any
to
Dated
1
follows:
as
$600,000 in 1965 to 1969, or on
interest
payment
date
after
said
respective
dates.
170, p. 1341 — were
Halsey, Stuart & Co.,
Eastman, Dillon & Co., and Fran¬
cis I. du Pont & Co., both of New
York, jointly, as 1.70s, at a price
v.
—•
whole or in part and if in part National Bank, both of Jackson¬
only in inverse numerical order, ville, jointly, on a bid reflecting a
on Nov, 1, 1959, or on
any princi¬ net interest cost of about 2.89%.
pal payment date thereafter, upon Dated July 1, 1949. Due on July 1
payments par value principal of from 1950 to 1969 inclusive. The
...
Newport Sch. Diet., Ark.
<
Oct. 10
awarded
further
are
Bond
&S7' '
ARKANSAS
■
Bidders
Sale—The $400,000 water
^3.04%.
on Marcfcy Refunding bonds offered Sept. 14
inclusive.
The $950,000 high
school issue of 1949 bonds offered
—
requested to submit bids upon the Levy County Special Tax Sch. Dist.
No. 1 (P. O. Bronson), Fla.
bonds to be issued in part as call¬
able bonds, as follows:
all bonds
Bond Sale—The $60,000 school
coming due after Nov. 1, 1959, bonds offered Oct. 11—v. 170, p.
shall be subject to call and re¬ 1129—were awarded to the
Clyde
demption prior to maturity, in C. Pierce Corp., and the Florida
about
1, 1949. Due
1950
Southington, Conn.
Bond Sale
of
1964 inclusive.
Dated
6 Mayes, of Birmingham, and As^.
sociates, on a bid reflecting1 a -net
interest
1969.
300,000 water works bonds. Due
$20,000 on Nov. 1 from 1950 to
will
1,
May
$600,000
in
1951
to
1956;
$650,000 in
1957 and 1958;
$700,000 in 1959 to 1962; $650,000
in
1963
and
1964, and
/
Due
1
Valley, Iowa
Offering—Harvey A. Bar-
nard,
,
bonds.
Rock
Bond
purcom-
Town
sealed
bids until
Clerk,
7:30
will
p.m;
}
receive
(CST)
c
Volume
170
Oct.
on
17
Number 4847
:
for
the
purchase of
$7,000 street improvement special
bonds.
assessment
1949.
Due
Dated
May 1,
on
$500 from 1950 to
and
1,
follows:
as
1953
inclusive,
$1,000 from 1954 to
clusive.
Oct.
1958
in¬
The
THE
COMMERCIAL. &
1966, $100,000
000 in
in 1961, 103,
$106,000 in
1963,
000
in
1962,
$109,000 in 1964, $112,000 in 1965,
$115,000 in 1966, $118,000 in 1967,
$121,000 in 1968, and $125,000 in
969.
Bonds
maturing on
and
fter Aug. 1, 1955, are and shall
approving opinion of
Bannister, Carpenter, Ahlers & be subject to
redemption at the
Cooney, of Des Moines, will be option of the
County prior to ma¬
furnished to the purchaser.
turity on any interest payment
KENTUCKY
Beaver
Bona
and
Oct.
bonds offered
11—v.
170,
p.
1443—were
Nelson, Browning &
Co., and Widmann & Co., both of
Cincinnati, jointly, at a price of
100.13, a net interest cost of about
awarded
3.699%,
to
follows:
as
$60,000 3%s.
1951
to
Due
1961
Oct. 1 from
on
inclusive.
110,000 33/4s. Due
Oct. 1 from
on
from 1962 to 1974 inclusive.
The
1949
bonds
and
dated
are
callable
are
1959,
Oct.
in
1,
inverse
beginning Oct. 1,
varying premiums de¬
at
tion.
date
Second high
for 33/4s
of
redemp¬
bid of 100.502
made
was
Bond
ers
the
on
by the Bank¬
Co., Louisville.
Fayette
County
Bond
including Aug. 1, 1960; there¬
after at 102 to and
including Aug.
2%%
$1,000.
from
1951
1,
1949.
Due $5,000
1960 in¬
ject
to
Jan.
The
bonds
be
sub¬
and
on
after
1,
1951, at 103 to and in¬
cluding Jan. 1, 1953, thereafter at
102 to and
and
to
and
including Aug.
final
a
maturity.
of
rate
at
Bidders
V
Lancaster),
Kentucky
Bond
Offering — Geo. M. Noe,
County Court Clerk, will receive
bids
until
10
(CST)
on
Nov. 1 for the purchase of
$50,000 not to exceed 2 V2 % in¬
terest hospital bonds. Dated Jan.
1, 1948. Denomination $1,000. Due
1,
as
in
1968.
These bonds
of a series
amount of $150,000,
part
an
election held
in
interest, expressed in
ap¬
will
be
furnished
to
price of
are
the
1 from
a
total
pur¬
of providing fund s for the
erection and equipping of a Coun¬
ty hospital, the $100,000 bonds
having been sold at an earlier
pose
date. The entire series of bonds is
subject to redemption at the
of
the
whole
inverse
L 1951, or
op¬
County Fiscal Court,
or
in part, in their
numerical
on
any
order
July
Jan.
on
or
1961; thereafter at 101 to and
including Jan. 1, 1966, and there¬
after at par. Principal and inter¬
est (J-J) payable at the Citizens
Fidelity
Bank
&
Trust
Co.
1,
rate
to
the
name
of
interest, expressed in a
multiple of y4 of 1%. The approv¬
ing opinion of Wyatt, Grafton &
Grafton, of Louisville, will be
furnished to the purchaser with¬
out cost. A certified
check
for
$1,000, payable to the County, is
required.
'
.
,
County (P. O.
Louisville), Ky.
Bond
Offering
—
Edwin
H.
Stierle,
County
Fiscal
Court
Clerk, will receive sealed bids
until 1.30 p.m. (CST) on Oct. 26
for
the
purchase
of
Nov.
sold
was
were
sold
1
for
the
purchase of
1
4%
Bond
Sale—The
building
11—v.
170,
due
1966
on
offered
1443—were
p.
Sept.
inclusive.
from 1950 to
1
Bonds
1966
exceed
;o
are
Bond Offering—Robert N. Cart-
right, County Judge, will, receive
sealed
bids
Oct.
on
25
1,
until
for
1
purchase 01
refunding
and
(1949)
1949.
bonds.
Due
$2,000
from
1951
p.m.', (CST),
the
3y4%
Dated
May 1, as
1950, and $3,on
in
to
1961
inclusive.
Principal
and
interest
(M-N)
payable at the Louisville Trust
Co.,
Louisville.
The
approving
opinion of Woodward, Hobson &
Fulton, of Louisville, will be fur¬
nished to the purchaser without
cost. A certified check for $1,000,
to the
County, is re¬
payable
quired.
bonds
scheduled
11.
vided
4%
to
be
'NNN
A.
interest
di¬
Due
Se¬
Nov, 1
on
public improvement, Se¬
bonds. Due on Nov. 1
ries B
from
1951
ries C
to
1969 inclusive.
improvement,
bonds.
1951
Due
Se¬
Nov.
on
1
to 1969 inclusive.
public
improvement,
Se¬
ries D bonds. Due on Nov. 1
from 1951 to 1969 inclusive.
200,000 electric light and water
bonds. Due
revenue
on
These bonds were authorized at a
special election held on Sept. 20
1949. The approving opinion of
Houlton,
Rouge, La.
Offering — P. T.
Ecton,
Clerk, will receive sealed
bids until 5 p.m. (CST) on Nov. 2
for the purchase of
$750,000 not
exceed 4%
interest public im¬
Series
1949
bonds.
provement,
Dated Oct. 1,
Due
1949. Denomination
on
Oct. 1, as follows:
in 1950;
in 1952;
in 1954;
in 1956;
in 1958,
$69,000
in
$72,000
$76,000
in
in
1951;
1953;
1955;
$79,000 in 1957;
and $84,000 in
1959.
The approving opinion of
Chapman & Cutler, of Chicago,
will be furnished to the purchaser
$15,000, payable
required.
to
the
City,
is
Calcasieu Parish Sch. Dist. No. 21
(P. O. Lake Charles), La.
Bond Offering—H. A. Norton
construction
€00 in 1958, $95,000 in 1959,
000.
to
10
coupon
-Dated-May 1, 1949.
and
4%
interest
equipment
15,
1%
City
pressed in
De¬
of
interest,
ex¬
multiple of J/4 of 1%.
a
Principal and interest payable at
the First National Bank of
Boston,
or
at
the
First National
Bank, of
approving opinion
of Ropes, Gray, Best,
Collidge &
Rugg, of Boston, will be fur¬
Houlton.
nished
the
to
the
1949.
Due Feb.
bonds.
Notes
Due
and
ton.
dated
are
Oct.
on
24,
interest
tional
as
Oct.
13
from
1950
Due
to
1964
inclusive.
Dated Oct.
1, 1949. The second
highest bidder was the First Na¬
tional
Bank, of Boston, for
price of 100.98. ■>
l%s,
at
the
Bank,
of
Na¬
Bos¬
Donovan
York
Boston, Mass.
&
Heenehan,
Note
mons,
sealed
bids
New
the
at
office
of
the
18 Tremont
Donovan
& Heenehan,
City, will be furthe Authority at its
York
by
own exPense
lV4s,
as
basis
a
1950
second
at
of
1954
price
a
about
1, 1949.
to
highest
Note
Due
on
Oct. 1
inclusive.
bidder
of
1.02%
The
Na¬
was
11
1953
1
Act
Nov.
1950
to
L.
—
F.
of
1949
relief
bonds.
loan,
Due
on
1, as follows: $90,000 in
build¬
11—v. 170,
to McDon-
Co., Detroit,
fol¬
as
of State
Oct.
on
.15,000 2y4s. Due
on Oct.
1957 to 1959 inclusive.
1
from
£&'.■*;
1
notes.
on
Oct.
optional
are
1953 at
011
beginning July 1,
varying premiums depend¬
the date of redemption.
Twp. Frac. Sch. Dist.
No. 8 (P. O.
Inkster), Mich.
Bond
Sale—The $359,000. build¬
ing bonds offered Oct.! 10—v. 170,
1444—were awarded to Stran-
p.
ahan, Harris & Co., Inc., of To¬
ledo, and Watling, Lerchen &Co.,
of Detroit,
jointly, at a price of
100.12, a basis of about 2.93%,. as
follows:
Oct.
31
awarded
Rockland
are
Atlas Nationa
jointly, for lVas
-
dated
Nov.
1,
200,000
1969
interest
3s.
as
inclusive.
payable
Principa
in Boston
Legality
approved
by
Storey
Thorndike, Palmer & Dodge, of
July
on
Due
1
July 1 from
1960 to 1966 inclusive.
:;
Dated Oct.
highest
Moore
on
1, 1949.
bidder
&
The second
McDonald-
was
Co.;
First of Michigan
Corporation, and H. V. Sattley &
Co., jointly for $100,000 as 2%s,
and $250,000 as 3s, at a price of
100.11, a basis of about 2.95%.
Erin,
Warren
Frac.
Bond
bonds
and
Sale—The
1444—were
Oct.
&
follows:
Co.,
11—v.
McDon¬
Detroit,
> •:
3y4s.
170, p.
to
of
-V;
as
$85,000 school
awarded
ald-Moore
$48,000
Clinton Twps.
Dist., Mich.. < V
Sch.
offered
Due
.N1 .-\V.
as
•
May
on
1
from 1950 to 1954 inclusive.
37,000
23/4s.
Due
on
1955 to
as
from
1957
inclusive.
May
I
Dated May 1, 1949. The second
highest bidder was Barcus, Kin¬
dred
& Co., for $48,000
$37,000 as 3s.
1949
$15,000 from 1950
1959 inclusive and $10,000 from
July 1 from
on
Due
from 1956 to 1959 inclusive.
and
follows:
to
Due
23/4s.
as
to
Boston,
price of 100.87.
Bonds
3s.
as
1952 to 1955 inclusive.
20
$1,615,000 Sec¬
Dated
:
from.
'
Bonds are dated Oct.
1, 1949 and
those maturing from 1954 to 1959
Housing Boarc
(EST)
a.m.
■
t
Carew
Whiting
Weeks & Stubbs, and R. L. Day
& Co., both of Boston, jointly, as
l%s, at a price of 100.88, a basis
of about 1.39%. The second high¬
est bidder was Blair & Co.,'Inc.
Boston.
inclusive.
350,000 municipal
>
from
&
^
$50,000
1950 to 1956 inclusive.
90,000
Series
—were
to
Sale—The
$35,000 2y2s. Due
$60,000
Offering
office
as
1, 1949.
lows:
Housing Authority, Mass
a
Sale—The $250,000 sewer
construction bonds offered Oct. 7
1,
j
dated Oct.
are
Township, Johannesburg
old-Moore
Chairman, will receive sealed bids
and
relief
loan,
Act of 1949 bonds. Due $500,-
building
follows: $7,-
Bond
Bank, of Boston
price of 100.65.
lV4s, at
a
April 1 from
on
inclusive.
Shawmut
Med ford
at
1950
Agricultural Sch. Dist.
(P. O. Johannesburg), Mich.
Dearborn
awarded to Coffin & Burr, of
100.66,
1960
$2,000,000 municipal
$1,-
Charlton
Mass.
$50,000 side¬
loan, Act of -1949 bonds of¬
fered Oct. 11—v. 170, p. 1443
Boston,
1,
Second high bid of 100.098 for
$150,000 iy4s was made by theFirst of Michigan Corp., Detroit,
Sale—The
walk
for
April
on
1954
The bonds
Denomination $1,000. Due on Nov
noon
follows:
Datec
1952 to
ing
Maiden,
Bond
tional
Due
Offering—Robert T. Gam¬ ing bonds offered Oct.
Chairman,
will
receive p. 1444—were awarded
State Housing Board,
were
Is.
90,000 lVzs. Due
Natick Housing A uthority, Mass.
Bank,
(EST) on
Oct. 26 for the purchase of
$15,550,000 coupon bonds, divided as
Nov.
Sale—The $150,000 build¬
Rural
sealed
on
;
Dist., Mich.
and 1951.
of
at
000
1343—was canceled.
p.
$60,000
City.
Offering—Henry F. Bren¬
nan, City Treasurer, will receive
until
170,
ex¬
building bonds—-
Bosworth & Co., Inc.,
Toledo, at a
price of 100.024, a net interest cost
of about
1.2004%, as follows:
were
Legality approved by Sulli¬
New
and
Bond
bids
of $450,000 not to
Bronson Common Sch.
Shaw-
24, 1949.
Principal
1950.
payable
Shawmut
van,
ond
105,000 water mains bonds.
at a
v.
Bank, of Boston, at 0.72% in¬
terest.
Second high bid of 0.75%,
plus a premium of $14, was made
by the Bankers Trust Co. and J.
P. Morgan & Co.,
jointly.
Mass.
bids
Denomination
15,
Oct.
National
Bond
1
10
Mich.
Sold—Proposed sale
ceed 3% interest
mut
until
purchaser.
clusive.
Oct.
Oct.
on
City
1949.
Due on Oct. 31, 1950. Prin¬
cipal and interest payable at any
$186,000 bonds trust or savings
bank, as may be
offered Oct. 11—v. 170, p. 1443—
designated by the purchaser. The
were
awarded to the Middlesex
approving opinion of Caldwell
County National Bank, of Everett,
Marshall, Trumble & Mitchell, o;
as l%s, at a
price of 101.00, a basis New York
City, will be furnished
of about 1.62%, as follows:,
to the purchaser by the Authority
$81,000
water
bonds.
Due
on
Wellesley, Mass.
Oct. 1 from 1950 to 1969 in¬
on
Co., De¬
■)
Hills),
Bonds Not
of the bonds, pay¬
notes offered
awarded
The
to
&
field Hills Fractional Sch. Dist.
No. 2 (P. O. Bloomfield
Bond
Dated Oct.
rate
Shannon
Chicopee Housing Authority, Mass.
ing bonds offered Oct. 12—v. 170,
Note Sale
The $100,000 first p. 1444—were awarded
to Braun,
from
the
B.
Bloomfield, Troy, West Bloomfieldi
Townships, and City of Bloom-
the rate
to Henry F.
Brennan,
Treasurer, is required.
Oct.
on
Dated Oct. 3, 1949 and due
Treasurer's
name
able
1960 to 1969 inclusive. Bidders to
name
a.m.
(CST) on Nov.
purchase of $200,000 not
exceed
check for
nomination $1,000. Due on
May 1,
as
follows: $6,000 from 1950 to
1959
inclusive, and $5,000 from
Sch
Secretary
of
the
Parish
Board, will receive sealed
the
the
Bidders to
offered
March 1, 1950.
on
from
Bond Sale—The
City
until
at
office.
j nished
Me.
sealed bids until 3 p.m.
(EST) on
Oct. 18 for the purchase of
$110,-
Billerica,
for
payable
of
Bond Offering—Robert L.
Price,
Town
Manager,
will
receive
bonds.
troit.
bonds.
1
notes
Jones
;o
inclusive.
t
an¬
0—v. 170, p. 1342—were awarded
:
1, 1949. Denomina¬
Principal and interest
$1,000.
for the purchase of
LOUISIANA
$1,000.
$67,000
$70,000
$74,000
$78,000
$81,000
1969
'
Sale—The $29,600 tax
ticipation
Dated Nov.
tion
Sullivan,
MAINE
,
Baton
to
1950 to
Street, Boston, until 11 a.m. (EST)
Dudley C. Foley, Jr., of New Or¬ on Oct. 20 for the purchase of
leans*-wilLbe furnished.-Ar certi¬ $545,000 First Series notes. Dated
fied check for 2% of the bonds
Oct. 31, 1949.
Due on Oct. 31,
payable to the Town, is required.
1950.
The approving opinion of
school
.
1950 to 1979 inclusive.
from 1951 to 1974 inclusive.
000
County (P. O.
Beulah), Mich.
1959 in¬
Note
Nov. 1
MASSACHUSETTS
Bond
1950 to
450,000 sewerage
loan
Due $15,000 on Nov.
series
improvement,
12,500 public
from
—
ries A bonds.
14,000
MICHIGAN
Benzie
interest, expressed in a mul¬
tiple of y4 of 1%.
A certified
Cooper,
bonds,
inclusive.
of
follows:
as
$57,000 public
maturing
subject to
(P. O. Elkton), Ky.
County
im¬
These
Offering—W.
prior redemption.
Todd
interest public
from
1,300,000 construction of build¬
ing. Acquisition of land, etc.,
bonds.
Due $65,000 on Nov. 1
not
Denomina¬
multiples thereof.
awarded to the Bankers Bond Co.
Louisville. Dated Sept. 1, 1949
and
$250,000
1
clusive.
6
Dated Nov. 1, 1949.
tion $500,
or
of
from 1954 to
of
Dec.
Nov.
on
1959
1
from
Town Clerk, will receive sealed
bids until 1 p.m. (CST) on Nov. 7
;:or
the purchase of
$298,000 not
$4,-
$40,000 school
bonds
revenue
until
bonds.
Oct.
from
County (P. O.
Benton), Ky.
Nov.
|
bids
originally
on
Bond
Louisville, Ky,
..
Aug.
of the bonds,
Parish
School
the
to
300,000 East Boston Stadium, Act
of 1949 bonds. Due
$30,000 on
cer¬
Rayville, La.
to
Bank, as 3s, at a
Due $1,000 on June
Marshall
$1,800,000
school building rev. bonds. Dated
Aug. 1, 1949. Denomination $1,000. Due Aug. 1, as follows: $79,000 in 1952, $81,000 in 1953, $83,000 in 1954, $85,000 in 1955, $87,000 in 1956, $90,000 in 1957, $93,-
$98,-
A
O. Plaquemine), La.
provement
without cost. A certified check for
Jefferson
of
expense
Board.
1950
Offering—Jury D. Gerald,
the
Janu¬
after at 102 to and including Jan
Bidders
the
,
$1,015,000
Secretary of the Police Jury, will
tion, will receive sealed bids until
ary 1, thereafter, upon 30 days
prior published .notice at 103 to
and including Jan. 1, 1956; there¬
Louisville.
at
School
to
(P.
Bond
$12,000
Bond Offering^-Geo. L. Evans,
Secretary of the Board of Educa¬
Nov.
the
inclu¬
Board, is required.
15,000
Nov.
4, 1947,
1967
Iberville Parish Road District No. 1
1950 to 1961 inclusive.
$35,000
funding
for
to
from 1951 to 1969 inclusive.
Indep. Sch. Dist., Iowa
par.
follows:
a
pur¬
Lone Rock
000
as
the
Bond Sale—An issue of
State
Constitution
Parish
is required.
Lone Rock
conforming to Section 157 of the
tion
name
proving opinion of. Chapman &
Cutler, of Chicago, and Wyatt,
Grafton & Grafton, of
Louisville,
authorized at
on
purchaser
the
multiple of y4 of 1%. Principal
a.m.
follows: $4,00.0 in 1963,
$9,000 in 1964 to 1967, and $10,000
to
1,
to
and interest payable at the Stock
Yards Bank, Louisville. The
Oct.
Garrad County (P. O.
Jan.
100 %
101.
Principal
and interest (J-J) payable at the
Union Bank & Trust Co., Lexing¬
ton. Legality approved by
Wyatt,
Grafton & Grafton, of Louisville.
sealed
at
including Jan. 1, 1955, 000,000 school bonds.
thereafter
the
to exceed
101
1966; and thereafter
to
will
redemption
1965
$13,000 in 1968 and
1969. The approving
opinion of
Wood, King & Dawson, of New
York City, will be furnished to
at
.
clusive.
,
and
purchase
improvement bonds
1
1962
for
the
Jan.
sive,
.
inclusive; $10,000
inclusive; $11,to 1964
inclusive;
sealed
County,
Russell, Long & Burkholder,
Lexington.
Denomination
from
53
and 1951, and $85,000 hi" v.
170, p. 1443—were awarded to
in 1952 and 1953.
the First National Bank of
Boston,
1,000,000 construction of public at 0.68%
interest. Dated Oct.
24,
ways bonds. Due $100,000 on
1949 and due on
May 19, 1950. The
Nov. 1 from 1950 to 1959 in¬
National Shawmut Bank of
Bos¬
clusive. ' \ '•
'-"j
,
ton, second high bidder, named a,
10,150,000 transit
assessment rate of
0.73%, plus a premium of
loan, Act of 1949 bonds. Due $10.
1961
receive
ed to
on
to
1962; thereafter at 101V2 to and
including Aug. 1, 1964; thereafter
without cost. A certified
check for $30,000, payable to the
O.
Oct.
000
1957
$12,000 from
and
of
dated
in
to
1958
payable
revenue, " 1949
bonds offered Oct. 10 were award¬
are
time
1955
from
(1541)
.;M950
tified check for 3%
building
Bonds
to
chaser
,
(P.
Lexington), Ky.
Sale—The $50,000
school
time
1951; $8,000 from
1952 to 1954
inclusive; $9,000 from
maturity (less than all of a single
maturity to be selected by lot)
upon
30
days' prior published
notice, at 103 to and including
Aug. 1, 1956; thereafter at 102 V2
the
numerical order
pending
Aug. 1, 1954, in
from
or
CHRONICLE
and
part, in the inverse order of their
$170,000 water
revenue
after
or
whole,
Dam, Ky.
sale—The
sewer
date on
].$.
000 in 1950
FINANCIAL
as
3y4s,
Flint, Mich.
Bond Sale—The $330,000 special
assessment, Series 1949 bonds of¬
fered Oct. 10—v. 170, p. 1444—
were
awarded
to
the
Citizens
Commercial and Savings Bank, of
Flint,
a
as
Is,
as
basis of about
ity,
as
a
price of
100.01,
0.99%, to matur¬
follows:
Winthrop Housing Authority, Mass. $75,000 sewer improvement bonds.
Note Sale—The $770,000 second
j
Due on Dec. 1 from 1950 to
series notes offered on Oct. 13— I
1953 inclusive.
,
54
25,000 water improvement bonds.
Due
Dec.
on
from
1
1950
to
inclusive.
1953
improvement
200,000 street
Due
bonds.
from
1950
Dec.
on
1953
to
from
1
inclusive.
30,000 sidewalk improvement
Dec.
from
1
bonds.
Due
on
1950
1953
inclusive.
to
Oct.
Dated
1, 1949. The second
highest bidder was Watling, Lerchen & Co., for $65,000 as iy2s,
and $265,000 as Is, at a price of
100.02.
//
Sch. Diet., Mich.
Garden City
$25,000 build¬
Sale—The
Bond
ing bonds offered Oct. 6—v. 170,
p. 1343—were awarded to a syn¬
dicate composed of R. S. Dickson
Allen & Co.,
York, Dempsey & Co., M. B.
Vick & Co., and McDougal & Con¬
don, all of Chicago, at a price of
100.13, a basis of about 3.55%, as
&
Co., of Chicago,
New
follows:
$275,000 as 33/4S.
1952
from
to
Due on July 1
1959 inclusive.
Due on July 1
350,000 as 3y2s.
from 1960 to 1966 inclusive.
Dated
July 1, 1949.
Mich.
Hazel Park,
Sale—The
Bond
1949
assessment
10—v.
Oct.
awarded
to
$22,000 special
bonds
offered
170,
p.
1444—were
McDonald-Moore
&
Co., of Detroit, as 2y2s, at a price
100.06, a basis of about 2.47%.
of
Dated Oct.
1951
from
second
1, 1949.
to
1955
Due on Jan. 1
inclusive.
The
highest bidder was H.
V.
Sattley & Co., for 2%s, at a price
100.14.
of
COMMERCIAL
THE
(1542)
Bidders to
the rate of inter¬
name
District Treasurer, is required.
Bond Offering—John F.
District
Secretary,
will
Snyder,
receive
building
coupon
bonds.
Dated July. 1, 1949. Denomination
$1,000.
Due July 1, as follows:
$125,000 in 1950, $130,000 in 1951,
$135,000 in 1952, $140,000 in 1953,
$145,000 in 1954, $150,000 in 1955,
$155,000 in 1956, $160,000 in 1957,
$165,000 in 1958, $175,000 in 1959,
$185,000 in 1960, $195,000 in 1961,
$205,000 in 1962, $215,000 in 1963,
and $220,000
ip 1964. Bonds ma¬
turing in 1961 to 1964, inclusive,
may be redeemed at the option of
the District, in inverse numerical
order, on any interest payment
date on or after July 1, 1954, at
and
par
accrued
interest
to
the
date fixed for
redemption, plus
premium
each
or
for
follows:
as
bond
bond
called
for
building
Dist. (P. O.
Romulus), Mich.
Not Sold—The $350,000
bonds
offered
Oct.
7—
170, p. 1343—were not sold as
v.
no
bids
were
received.
bond
bond
$25.00
Bond
1965
Dated Oct.
Royal Oak, Mich.
Offering—Gladys Holmes,
Oct.
The
S.
M.
Series
Saunders & Co., on a bid reflect¬
ing a net interest cost vf about
2.88%.
'
'
$82,000
water
works, sewer and fire de¬
partment
bonds
purchased
by
George K. Baum & Co:/ of Kan¬
City,
sas
noted in
at
21/28,
as
at
170, p. 1344,
price of par.
a
v.
Sold—An
000 school bonds
170,
the
to
from
46,000
SS
offered
bonds
Oct.
of
$96,-
offered
bonds
Dated
Oct.
6—v.
170,
p.
inclusive.
3—v.
170,
coupon
i
p.
1239—were awarded
di¬
Nov.
1956 inclusive. ^
70,000 water, Series B bonds. Due
$5,000 on Nov. 1, from 1950 to
1963
O. Jefferson), Mont.
Offering —W. J. Rankin,
Bond
bonds,
1/as follows: $2,000 in
1950, and $3,000 from 1951 to
on
Commission, as
price of par. Dated Sept.
(P.
.
registered
or
^
Joint Sch. Diet*. No. 16 and 31
MINNESOTA
on
vided as jblldws:^^*"
•
.
.
The $55,000 water
$20,000 water, iSeries A bonds. Due;
bonds offered Oct.
Jefferson and Madison Counties
Detroit.
(EST)
—
to the State Land
3s, at a
1, 1949.
Bond
Oct. 25 for the purchase of $185,000
not
to
exceed,, 6% ■ interest
Eureka, Mont.
inclusive.
—
come
dates
on and after Jan. 1, 1951, at
and accrued interset. Principal
and interest (J-J) payable at the
Detroit Trust Co., Detroit. Bidders
to name the rate of interest, ex¬
Regal), Minn.
City Treasurer, is required.
Sault Ste. Marie Sch. Dist., Mich.
Bond Offering—Ronald J. Tux-
worth, District Secretary, will
Todd
County Indep. Sch. Dist.
(P. O. Eagle Bend),
or
—
p.
1344—were awarded to
thereafter
un¬
are paid. The
bonds, whether amortization* or
serial, will be redeemable in full
interest payment date from
and after 2V2 years from the date
of issue. A certified check for $1,on
any
000, payable to the District Clerk,
is required.
•/''/.'/ c'/\
f
a
170,
syn¬
Bond
.
exceed
6%
school coupon or
Dated Oct.
$1,000,
on
1, 1949. Denomination
for $500. Due
as' follows:
$34,000 in
except
Oct.,
1951
interest school
registered bonds.
and
one
;
.
»
:
)
Farmers
State
Bank,
both*• of
jointly, as 21/£s, at a
Scribner,
price of
Due
par.
Oct.
on
Dated
1
from
inclusive. Any or
be
may
five
from
to
1,
1954
to
1949.
1958
on
or
after
date.
the
in
pressed
NEW HAMPSHIRE
of
rate
a
.
Sale—The $150,000 sewer
bonds offered Oct. 7—v.
—were
&
at
\
170,p. 1344
awarded to Salomon Bros.
interest,
multiple./of
ex¬
eeive
ft
J
'
District
Co-)
bids
sealed
will
Clerk,
until
2
re-v.
p.mf
(EST) on Oct. 19 for the purchase;
$44,200 not to exceed 5% in/
of
school
terest
bus
1949
registered bonds.
lows:
$7,200
1951,
inclusive.
1954
terest
to
from. 1952 >
State
name
ler
Ci-j
Bank, Cicero. Bidders;
the rate of interest, ex/
-
Vi 'of)
The approving
pressed in
1/10 of 1%.
ion of
fpl-j
$7,000
payable at the
(M-S)
lj
one.
in!
to!
Principal and in-f
1950;
in
$10,000
and
or'
coupon
Dated Sept.
1949.; Denomination $1,000,
for $200,
Due on Sept. 1, as
of
opin-l
multiple-
a
Vanderwater, Sykes, Heck¬
Galloway, of New York/
&
City, will be furnished to the pur-j
chaser
without cost.
check
for
A
-
certified/
$884, ' payable
"
District, is required.
to
»
sor>
the;
!
■
)|
Wind-
Colesville, Fenton, Sanford,
Greene, Afton and Coventry
Central Sch. Dist. No.
1 (P. O.
|
Harpursville), N. Y.
■
$■Bond Offering — Josephine D/
Wood, District Clerk, will receive|
sealed bids until 2 p.m. (EST) or?
Oct. 27 for the purchase of $130,-*
000
not
to
exceed
5%
interest,
,
school
1949
registered
1,/1949. Denom-I.
coupon or
bonds. Dated Dec.
ination
$1,000. Due on Dec. 1, ar
$6,000 from .1950 to 1959
inclusive, and $7,000 from 1960 tof,
1969 inclusive. Principal and in¬
follows:
terest
of
(J-D) payable at the First;
1%.
a
multiple of lk
or
1/10
The approving opinion of
J. Leland
Rickard, of Deposit, will
- to
the
purchaser
A certified
check
be/ furnished
without
cost.
for $2,600, payable to the
is
required.;/'/r V
District^
1 /; I
Hamilton, Eaton and Madison
j.
certified
to
the
check
$34,150,
school
or-
purchaser.
for
$120,000 not. to exceed 4% inter¬
est
Vs
:i%.. The
approving
opinion of Hawkins, Delafield 8?
Wood/ of New York City, will be
able to the Board of
Nashua, N. H.
Bond
Syracuse), N. Y.
1963
of
furnished
.
DeWitt,
inclusive; $45,000
Central Sch. Dist. No. 1 (P. O*
f
inclusive; $50>000 from 1964 to 1986 inclusive,; ■r/)/•:;-'a
Hamilton)„ N.' Y..}/. \ ;' |Bond Offering-p-Rose H. Staf/
and $49,500 in 1987. Principal and
ford, District Clerk, will receive;
interest
(A-O)
payable at the
Sealed bids until 4 p.m. ; (EST)
Citizens First National Bank &
on
^Oct. 21 for the purchase of
Trust Co., Ridgewood. Bidders to
name
Oct.
and
Bond Offering—William G.
larocco,
1959
1960 to
all of said bonds ,l/20th
redeemed
years
1952; $35,000 from 1953
inclusive; $40,000 from
1957
Scribner, Neb.
North
pressed in
to
not
from
Bonds Sold—An issue of $5,000
bonds has been sold to
the First National Bank and the
Salina
Cicero,
Central Sch. Dist. No. 3 (P. O.
District Clerk, will receive sealed National
Bank, df Afton. Bidders)
bids until 8 p.m. - (EST) on Oct.' to
name the rate of interest,
ex-f
27 for the purchase of $1,707,500
tor 1956
Bond Sale—The $540,000 indus¬
trial bonds offered Oct. 4—v.
interest payment date on dicate composed of J. S. Love Co.,
after April 1, 1955, at par and of
Jackson; Harrington & Co.,
any
year
the
on
funding
Minnesota
Bond Sale
The $30,000 school
sealed bids until 7.30 p.m.
(EST) on Oct. 26 for the purchase house bonds offered Oct. 8 — v.
of $1,650,000 not to exceed 3% in¬ 170, p. 1343—were awarded to the
terest site and building coupon Perham State Bank, of Perham, as
bonds. Dated July 1, 1949. Denom¬ 2%s. Dated Oct. 1, 1949.
Due on
ination $1,000. Due April 1, as fol¬ Feb. 1 from 1951 to 1964 inclusive.
second
lows: $75,000 in 1950 to 1954, $85,- The
highest bidder was
000 in 1955 to 1957, $95,000 in 1958 Kalman & Co., for 2.80s.
to 1960, $100,000 in 1961 to 1964,
MISSISSIPPI
$110,000 in 1965 and 1966, and
$115,000 in 1967. Bonds maturing
Cleveland, Miss.
on
amount
NEBRASKA
No. 73
re¬
like
til all of such bonds
from 1950 to 1963 inclusive.
ceive
in the years 1962 to 1967 may be
redeemed at the option of the Dis¬
trict in inverse numerical order
a
day each
same
Bond Sale Details—The $25,000
road bonds purchased by Piper,
pressed in a multiple of % of 1%. Jaffray & Hop wood, and the Alli¬
The approving opinion of Claude son-Williams Co., both of Minne¬
H.
jointly,
as
previously
Stevens, of Berry,
Stevens, apolis,
in v.
Barbier & Evely, of Detroit, will noted
170, p. 1239—were
be furnished to the purchaser at awarded as 2.40s, at a price of
the expense of the City. A certi¬ 100.12, a basis of about 2.38%.
fied check for $1,400, payable to Dated July 1, 1949. Due on Oct. 1
the
and
Ridgewood), N.J.
'
Offering—John Kollmar,
due and payable on Jan. 15,
1951,
Spring Hill (P. O. Route 1,
$200, payable to the?
District, is required,
/
v
.
»
par
fied check for
cero
95,000 sewer bonds. Due on Nov.
1, as follows: $5,000 in 1950
and $6,000 from 1951 to 1965
will receive sealed
District Clerk, will receive sealed
-inclusive.
I
Austin, Minn.
bids until 8 p.m. (EST) on Oct. 25
Certificate Sale
The $75,000 bids until 8 p.m. (MST) on Nov. 14
Dated Nov. 1, 1949. Bonds stated
for the purchase of $73,000 not to
for the purchase of $10,000 not to in
combination will mature Nov.
street improvement certificates of¬
exceed 3% interest special assess¬
exceed 6% interest improvement
fered Oct. 7—v. 170, p. 1343—were
1, as follows: $12,000 in 1950; $14,ment 1949 coupon bonds, divided
bonds. Dated Jan. 15, 1950. Amor¬
awarded to Kalman & Co., of St.
000 from 1951 to 1956 inclusive;
as follows:
tization bonds will be the first
$11,000 from 1957 to 1963 inclu¬
Paul, as 1.30s, at a price of 100.01,
$50,000 Eleven Mile Road bonds. a basis of about 1.29%. Dated Nov. choice and serial bonds the second
sive, and $6,000 in 1964 and 1965.
Due on
Jan.
choice of the School Board.
1, as follows:
If Principal and interest
1, 1949. Due on Nov. 1 from 1950
(M-N) pay¬
$15,000 from 1951 to 1953 in- to 1959 inclusive. The second amortization bonds are sold and able at the First Bank
and Trust
elusive, and $5,000 in 1954.
issued the entire issue may be put
highest bidder was Allison-Wil¬
Co., Perth Amboy.; Bidders to
into one single bond or divided
23,000 water bonds. Due on Jan. liams
name
the rate of interest % o*
Co., for 1.40s, at a price of
into several bonds as the Board of
1, as follows: $5,000 in 1951; 100.26. •
1/20 of 1%. The approving opinr
$7,000 in 1952;: $8,000 in 1953,
Trustees may determine upon at ion of
Caldwell, Marshall, Trimble
St. Paul, Minn.
and $3,000 in 1954.
the time of sale, both principal
& Mitchell, of New York City,
Bond Offering—Joseph J. Mit¬ and
interest
to
be
Dated Sept. 1, 1949. Denomina¬
payable in will be furnished to the purchas¬
tion $1,000. The bonds of each se¬ chell, City Comptroller, will re¬ semi-annual instalments during a er without cost. A certified
check
ries maturing in 1954 in 1954 will ceive sealed bids until Nov. 2 for period of five years from the date for 2% of the
par value of the
be subject to redemption prior to the purchase of $152,000 not to ex¬ of issue. If serial bonds are issued
bonds, payable to the City Treas¬
sold
they
will be in the urer, is required/
maturity, at the option of the City, ceed 5% interest public welfare and
in inverse numerical order, on any bonds^ Due $49,000 in 1950; $51;- amount of $500 each; the sum Of
one
or
more
interest
$2,000 of said serial bonds will be¬ Ridgewood Twp. Sch. Dist. (P. O.
payment 000 in 1951, and $52,000 in 1952.
Clerk,
City
a multiple of lU
The
approving;
opinion of Wm. G. Birmingham, of
Liberty, will be furnished to the)
purchaser without cost. A certi/
/
Township Treasurer, will receive
sealed bids until 8 p.m.
MONTANA
system
exceed
est, expressed in
or
1/10
of
1%.
Twp. (P. O. Box 14,
{ Nixon), N. J.
Offering — Otto Schuster,
,
nicht, of St.. Louis,
works
to
Clay,
May 15, 1949. Legality
by Charles & Trauer-
Bond Sale
J-
Raritan
Feb. 15 from
1964 to 1967 inclusive.
approved
or
of
rate
4%
interest fire;
highest bidder was Ira Haupt &
house 1949 registered bonds. Dated
Co.; Butcher & Sherrerd; Francis
Nov. 1, 1949. Denomination $1,000."
I. duPont & Co., and J. B. HanDue $1,000 on Nov. 1 from 1950
auer & Co.,-jointly, for
$884,000 as
to 1959 inclusive.;
Principal and
1.60s, at a price of 100.21.
interest (M-N) payable at the
Na-|
Keansburg School District, N. J.' -j tional Bank of Liberty, Liberty,!
Bond Sale—The $200,000 school Bidders to name the rate of inter-1
1963 inclusive.'
on
y8
the
name
expressed in a multiple;
1/20 of 1%. The approv¬
.
:
issue
has been sold to
2s. Due
Bidders to
.
interest,
10
Republic
1958 to
as
ton.
of
1344—were awarded
to
Boland,
Co., of St.
Saffin & Co., of New York, andi
Louis, at a price of 100.17, a basis
J. B. Hanauer & Co., of Newark,
of about 1.86%, as follows:
jointly, as 2.65s, at a price of
$20,000 as 1 V2s. Due on Feb. 15
100.28, a basis of about 2.61%.
from 1954 to 1957 inclusive.;
Dated July 1, 1949.
Due on July
30,000 as l%s. Due on Feb. 15 1 from 1950
to 1969
Central
the
redemption
redemption after
13—v.
not
previously
were sold
Jennings Sch. Dist.,
Bonds
Oct.
awarded
NEW YORK
*170, p."."1344—were awarded
to C. J. Devine & Co., A. G. Becker
Bethel and Liberty, Swan Lake
& Co., and Mackey, Dunn & Co.,
Fire Dist. (P. O. Liberty), N. Y.
all
of
New
York
City, jointly,
Bond Offering — Louis $teiger,i
taking $883J)GQas 1.60s, at a price
District Treasurer, w i 11 receive
of 100.26, a basis of 1.57%. Dated
sealed bids until 2 p.m. (EST) on
Oct. 1, 1949.
Due on Oct. 1 from
1950 to 1968 inclusive. The second Oct. 25 for the purchase of $10,000
Glasgow, Mo.
Sale Details—The
$1,000 and
,,"1 1949. ^Denominations
$500. Due $5,000 on Nov, 1 from
1950 to 1963 inclusive.
Principal
and interest (M-N) payable at the
Authority, N. /.
$1,350,000 19th Bridgeton National Bank, Bridge-
on
were
—
6% interest school coupon
registered bonds. Dated Nov. 1,
or
—v.
MISSOURI
Bond
offered
exceed
Trust Co., Jersey City,
interest, plus a premium ing opinion of Hawkins, Delafield
& Wood, of New York City* will;
of $35. Dated Nov. 7, 1949 and due
be furnished to the purchaser.. A
on
May 5, 1950.
certified check for $1,400, payable
East Orange, N. J.
to the Board of Education, is re
Bond Sale—The $885,000 school,'
quired.
* r
Oct.
was
Co.,
Bessemer
1
on
bidder
&
price of 101.15.
Housing
1348
highest
Devine
Sale—The
Note
inclusive.
on
highest
a
J.
at 0.77%
Due
1, 1949. Due
second
C.
NEW JERSEY
Camden
1
1969
to
was
iy2s, at
series
Dated Nov. 1, 1949.. bids until 8 p.m. (EST) on Oct; 18
1950 to T964 for the purchase of $70,000 not to.
1 from
The
./'■//■' \
p.
1 from 1950 to 1969 inclusive.
(J-J) payable at the
Detroit Bank,
for
1964 inclusive.
2%s.
as
from
on
July 1, 1961, but on or prior to
July 1, 1963. Bidders to name the
rate of interest, expressed
in a
multiple of V\ of 1%.
Principal
and interest
bidder
1
Oct.
on
Nov.
on
inclusive.
"
re¬
called for redemp¬
called for
Oct.
on
Due
1960 to
190,000
a
so
prior to July 1, 1957, $20.00
each
Due
2V2s.
as
from
school
Note Sale—The $50,000 tax an¬
ticipation notes offered Oct. 10— tion after July 1, 1957, but on or
v.
170, p. 1343—were awarded to prior to July 1, 1959; $15.00 on
the Hillsdale State Savings Bank, each bond called for redemption
at iy2% interest.
Dated Oct. 15, after July 1, 1959, but on or prior
1949. Due on Feb. 1, 1950.
to July 1, 1961; $10.00 on each
Bonds
125,000
500,000 not to exceed 4% interest
on
Romulus Twp. Sch.
Due
1953 to 1959 inclusive.
bids until 8 p.m. (EST) on
24 for the purchase of $2,-
Oct.
21As.
as
from
sealed
on
...
165,000
second
Wayne School District, Mich.
each
Hillsdale), Mich.
plus a
of $20 on each bond called for re¬
est, expressed in a multiple of JA
of 1%. The approving opinion of
Miller, Canfield, Paddock &
Stone, of Detroit, will be fur¬
nished to the purchaser, at the ex¬
pense of the District.
A certified
check for $35,000, payable to the
Monday, October 17, 1949
about 1.32%.
premium Walton-Hamp Jones Co., both of
Jackson, Max
T. Allen Co., of
Weil
&
Arnold,
demption on or prior to April 1, Hazlehurst,
Scharff & Jones, both of New Or¬
1959, and a premium of $10 on
each bond called for redemption leans, Otis & Co., of Chicago, and
after April 1, 1959, but on or prior Shaughnessy & Co., of St. Paul, at
to April 1, 1963, and no premium a price of 100.03, as follows:
shall be paid on bonds called for
$60,000 as 21/£s. Due on Oct. 1
redemption after April 1, 1963.
from 1950 to 1952 inclusive.
interest
accrued
deemed
Hillsdale County (P. O.
CHRONICLE
FINANCIAL
&
A
pay¬
Education, is
required.
tered
Coupon
or
Oct.
regis¬
t, 1949i
Denomination
1,>
as
1954
to
$1,000. Due on Oct3
follows: $7,000 from 1950 to
inclusive; $8,000 from 1955
inclusive, and $9,000 from
1959
1960
to
and
Principal;'
interest
,
the:
Upper Deerfield Twp. Sch. Dist.(P. O. Seabrook), N. J.
-
1949
bonds.- Dated
1964
inclusive.-
(A-O). payable at
National
Hamilton : Bank,
Hamilton.-Bidders
rate
of
to
name
the
interest, expressed in a
TOnnrl
Hutzler, of New York, as l^s,
Albert P. Clarjr
multiple of y4 or 1/10 of 1%. The
a
price of 101.26, a basis of District Clerk, will receive sealed approving opinion of Hawkins.
.,
Volume 170
THE
Number 4847
basis
Delafield & Wood, of New York
a
will be furnished- to the
purchaser without cost. A certi¬
Nov.
of
COMMERCIAL
&
FINANCIAL
CHRONICLE
(1543)
55
Dated New. York City.
The approving
Noble County (P. O.
of about 1.210%. Dated Nov.
1,
Nov. 1 from opinion of Mitchell & Pershing, of
1949 and due on Nov. 1 from 1961
Caldwell), Ohio
The second New York City, will be furnished
Bond Sale—The $12,000 county to 1959 inclusive.
Second high
fied check for *$2,400, payable to highest bidder was First National to the purchaser. A certified check
bonds offered Sept. 30—y. 170, p. bid of 100.138 for l^s was made
the District, is required.
Bank, Poughkeepsie, for Is, at a for $1,500, payable to the State
1134—were awarded to the First by C. J. Pevine & Co.
price of 100.17.
Treasurer, is required.
National Bank, of Caldwell, as 4s,
New York (State of)
Chester Municipal Authority, Pa.
at a price of 100.09, a basis of
Southpld, Cutchogue Cpm. Sch.
NORTH DAKOTA
Bond
Offering
— * Frank
C.
Bond Offering — Frank G. An¬
about 3.97%. Dated Sept. 1, 1949.
Diet. No. 12 (P. O. Cutchogue),
Moore, State Comptroller,
will
Secretary,
will
receive
Bismarck, N. Dak.
Due on Oct. 1 from 1950 to 1955 drews,
New York
receive
sealed
bids
until noon
sealed bids until 2 p.m. (EST) on
Warrant Sale
An issue of inclusive.
Bond Offering — Gerald Beebe,
(EST) on Oct. 18 for the purchase
Nov. 3 for the purchase of $5,680,District Clerk, will receive sealed $675,000 refunding improvement
of $43,365,000 not to exceed 4%
000 coupon bonds* divided as fol¬
OKLAHOMA
bids until 3:30 p.m.
(EST) on 1949 warrants was awarded on
interest
lows:
housing
bonds.
Dated Oct.
19 for the purchassnof $5,500 Oct. 11 to the Bank of North Da¬
Board of Governors of
Jhe
Nov. 1, 1949. Denomination $1,not to exceed 4% interest school kota, of Bismarck.
$3,000,000 water revenue bonds.
Oklahoma Student Union
000. Due $885,000 on Nov. 1 from
Due Dec. 1, as follows: $30,1949 coupon or registration bonds.
Warrants are dated Nov. 1,1949.
(P. O. Norman), Okla,
1951 to 1999 inclusive. Principal
000 in 1950 to 1952; $46,000 in
Dated Nov. 1, 1949. Denomination
Denomination $1,000. Due on May
Bond Sale—The $2,300,00(1 stu¬
arid interest
(M-N) payable at
1953; $47,000 in 1954; $49,000
$1,000, except one for 4500. Due 1 as follows: $35,000 in 1951, and dent
union
the Bank of the Manhattan Co.,
building
revenue
in 1955; $50,000 in 1956; $52,on May 1, as follows:, $1,000 from
$40,000 from 1952 to 1967 inclu¬ bonds offered Oct. 11—v. 170, p.
New York City. Bidders to name
000 in 1957; $53,000 in 1958;
1951 to 1954 inclusive, and $1,500
sive.
Warrants maturing in 1965 1345—were awarded to a syndic
the rate of interest, expressed in in 1955.
$55,000 in 1959; $57,000 in
Principal and interest to 1967
shall be subject to re¬ cate composed of Shields & Co.,
a multiple of
*4 or 1/10 of 1% .
1960; $58,000 in 1961; $60,000
(M-N) payable at the First Na¬ demption and prepayment at the Bear, Stearns &
Co., Eastman,
The approving opinion of Nathan¬ tional
in 1962; $62,000 in 1963; $64,Bank, Cutchogue. Bidders option of the
City, in inverse or¬ Dillon & Co., First of Michigan
iel L. Goldstein, Attorney-Gen¬
000 in 1964; $66,000 in 1965:
to name the rate ofyjnterest, ex¬
der of serial numbers and ma- Corp., W. E. Hutton & Co., and
eral of the State, will be fur¬
$68,000 in
1966; $69,000 in
pressed in a multiple of
or 1/10
urities, at par and accrued In¬ Andrews & Wells, all pf New
nished to the purchaser without
1967; $72,000 in 1968; $74,000
j of ~1%.~ The approvirng" opinion of terest, on May 1, 1959, and on any York; Fifst Securities Co., of
cdst.'A certified check for 2% of
in 1969; $76,000 in 1970; $78,Hawkins, Delafield & Wood, of
interest payment date thereafter, Chicago, J. M. Dain & Co., Minne¬
the bonds, payable to the order of
000 in 1971; $81,000 in 1972;
New York City, will be furnished
out of moneys in the special fund apolis, Robert Hawkins & Co., of
the Comptroller of State of New to the
$83,000 in 1973; $86,000 in
purchaser without cost. A
from which said warrants
are
Boston, Rapd & Co., New York,
York,,is required.
1974; $88,000 in 1975; $91,000
Certified check fdf $110, payable
/
\ ' /
payable in excess of a reserve and Raffensperger, Hughes & Co.,
in 1976; $93,000 in 1977; $96,*
North Hempstead Common School to the District, is.required.
of Indianapolis, at a price pf par,
equal to one year's principal and
000 in 1978; $99,000 in 1979;
District No. 2 (P. O. East
Worcester, Westford, Decatur and interest on the warrants then out¬ a net interest cost of about 2.855%,
$102,000 in 1980; $105,000 in
Williston), N. Y.
as follows:
Maryland Centred Sch. Dist.
standing. Principal and interest
1981; $108,000 in 1982;
City,
about-0.90%.
1, 1949.
Due
-
on
.
1950 to 1955 inclusive.
—
.
"
'
,
#
....
[Bond Sale-r-The $59,000 school
1049 bonds offered Oct. 11—v. 170,
1445—were
p.
awarded
the
to
Nassau County Trust Co., of
Min-
eola, as 2s, at a price of 100.37, a
asis of about 1.94%. Dated Nov.
Due on Nov. 1 from 195.0
1, 1949.
19.64 inclusive.
North
Y.
Bond Offering—Irving C. Lenfcardt,
Village
Treasurer,
will
-
receive
Syracuse, N.
sealed
bids
until
2
p.m.
(EST) on Oct. 18 for the purchase
of $47,000 not to exceed 5% in¬
terest
municipal
building
1949
cbupon or registered bonds. Dated
Sept. L 1949.
Denomination $1,000.
Due on Sept. 1, as follows:
$5,000 from 1950 to 1958 inclusive,
and $2,000 in 1959. Principal and
interest (M-S) payable at the Ci¬
cero State Bank, Cicero. Bidders
to
the rate of interest,
name
ressed in
cost.
A
check
certified
payable to the Village,
required.
Northport, N. Y.
Offering—Guy E.
Bond
ceive
sealed
(EST)
on
bids
until
John2
p.m
Oct. for the purchase
of $46,500 not to exceed 5% in¬
terest sewer 1949 coupon or regstered bonds.
enomination
Dated Oct. 1, 1949.
$1,000, except
one
for
$500.
Due On Oct. 1, as fol"ows: $3,000 from 1950 to 1963 in'usive, and $4,500 in 1964. Prin-
ipal and interest (A-O) payable
t the
First National Bank &
Bidders to
interest, ex-
rust Co., Northport.
rate of
in a multiple of %
the
parne
ressed
New
payable at
york
Bond Offering
Kenneth Wilr
President of the Board of
Education,
wilF^ receive sealed
bids until 4 p.m. (EST) on Oct.
29 for the purchase of $20,000
not to exceed @%Tinterest school
1949 coupon of "registered bonds.
Dated Nov. 1, 1949. Denomination
$1,000. Due $1,U00 on Nov. 1 from
1950 to 1969 inclusive. Principal
and interest (M-N) payable at Bank
of Worcester, Worcester.
Bidders
to name the rate of interest, ex¬
pressed in a multiple of
of 1%.
The
R.
or
1/10
1%.
The approving opinion
of Vandewater, Sykes, Heckler &
pf
Galloway, of New York, will be
furnished to the purchaser with¬
approving opinion of Hector
Qiacobbe, «of
Worcester, will
purchaser. A
certified check for $400, payable
to the District, is required.
be furnished to the
suc¬
cessful bidder located in Chicago,
Minneapolis,
St.
Paul,
or
build¬
ing 1949 bonds offered Oct. 10
170, p. 1445—were awarded to
the Marine Trust Co., of Buffalo,
and R. D. White & Co., of New
ork, jointly, as 2.10s, at a price
of 100.47, a basis ,of about 2.07%.
on
Nov.
from 1955 to 1957 inclusive.
1,870,000 2.80s.
Due on Nov. 1
from 1958 to 1979 inclusive.
The
1949
bonds
and
are
those
dated
Nov.
Brilliant Local Sch. Dist,, Ohio
Whiteville); N. C. ;
$335,000 school
Bond Offering—W. H. Lewis,
building, Series C bonds offered Clerk of the Board of Education,
Oct.
11—v.
170, p.
1446—were will receive sealed
bids until
awarded to a syndicate composed noon
(EST) on Oct. 28 for the
Kirchofer^^npld Associ¬
ates, Inc., of Raleigh, Vance Secu¬
rities
Corp., of"*Winston-Salem;
Lee Peeler & Co., and R. S.
purchase of $545,000 3% building
and
equipment
bonds.
Dated
Sept. 1, 1949. Denomination $!000. Due on Sept. 1, as follows;
Hays & Co., both of Durham, at a
price of 101.82, a basis of about
2.47%, as follows);
- ';r^ '"
$25,000 from 1951 to 1967 inclu¬
sive, and $24,000 from 1968 to
1972 inclusive. Bidders to name
as 6s. DtXe on June
1951 to 1956 inclusive.
$30,000
2,680,000
1,
1 from
the rate of interest, expressed
a
in
multiple of !4 of 1%. The ap¬
as
follows:
>:■ '/';
$292,500 separate school improve¬
ment bonds. Due $20,000 from
i 1952 to 1965 inclusive, and
$12,500 in 1966.
270,000
county
court house
bonds. Due $20,000 from 1952
to 1964 inclusive, and $10,000
in
water revenue bonds.
1, 1988. AH of said
bonds shall be subject to re¬
demption in whole or in part,
by lot, at any time on or after
Dec. 1, 1951, on at least 30
days' published notice, at the
following redanption prices,
plus accrued interest to the
date fixed for redemption: if
redeemed on Dec. 1, 1951, to
and including Dec. 1, 1956, at
104.00; thereafter to and in¬
cluding Pep. 1, 1961, at 103.50;
thereafter to
and including
Dec. 1, 1966, at 103.00; there¬
after to and including Dec. 1,
1971, at 102J50; thereafter to
and including Dec, 1, 1976, at
102 00; thereafter to and in-,
eluding Dec. 1, 1981, at 101.50;
Due Dec.
maturing
Offering — Jerry Mc
Clerk of the Board of
County Commissioners, wijl re¬
ceive sealed bids until 2:30 p.m.
(CST) on Oct. 19 for the pur¬
chase of $562,500 bonds, divided
$112,$115,000 in 1984;
$118,000 in 1985; $122,000 in
1986; $126,000 in 1987, and
$129;000 in 1988.
1
Bond
,/
thereafter
to
and
including
and
1986, at 101.00,
thereafter at 100.00.
Dep.
1,
Denomina¬
Bidders to name the
rate of interest, expressed in a
multiple of Va, Vs or 1/10 of 1%.
The approving opinion pf -Wood,
King & Dawson, of New York
City, will be furnished. A'certi¬
fied check for $114,000 is required.
Dated Pec. 1, 1949.
tion $1,000.
1965.
Corry School District, Pa.
A certified
check for 2% of the
,
Bond Sales—The $80,000 school
bonds offered Oct. 10—v. 170, p.
as 2}4s.HOue on June
from 1957 to 1961 inclusive.
proving opinion of
as 2%s. Due on June
from 1962 to 1975 inclusive.
Dist.
Miller & Co., of Cleveland, as
Okla.
1.40s, at a price of 100.15, a basis
Bond Sale—The $31,450 build¬
certified check for $5,450, pay¬
of about
1.32%.
Dated Nov. 1,
able to the Board of Education, ing and equipment bonds offered
1949. Due on Nov. 1 from 1951 to
Oct.
10—v.
170, p. 1345—were
is required.. ),'/v
1959 inclusive. The second high¬
awarded to • the
First National
est bidder was E. H. Rollins &
Coshocton, Ohio
Bank & Trust Co., Oklahoma City.
Sons, for l%s, at a price of 180.59.
Bonds Sold—An issue of $26,Bonds are due $4 000 from 1952
500 street and sewer inmprove- to 1958 inclusive and $3,450 in
Lackawanna County ' Institution
ment bonds has been sold to the 1959.
District t(P. O. Scranton), Pa.
:•
City. Due on Nov. 1, as follows:
Bond Sale —The $500,000 gen¬
Rogers County Indep. Sch. Dist
$2,000 in 1951 and 1952, and $1,~
eral obligation bonds offered Oct.
;
No. 33 (P. O. Rt. V
500 from 1953 to 1967 inclusive.
11—v. 170, p. 1346—were awarded
Oologah), Okla.
to a syndicate composed of Stroud
Garfield Heights City Sch. Dist.,
Bond Offernig — Z. A. Cannon,
& Co.; Schmidt, Foole & Co., both
Ohio
Clerk of the Board of Education,
of Philadelphia;; Singer, Deane &
receive
sealed
bids
until
Bond Offering — Jack Wilson, will
Scribner, of Pittsburgh; Janney &
Clerk of the Board of Education, 2 p.m. (CST) on Oct. 17 for the
Co., of Philadelphia, and Fauset,
will receive sealed bids until noon purchase of $37,000 building
Steele & Co., of Pittsburgh, as 2s,
(EST) on Oct. 27 for the purchase bonds. Due $3,000 from 1952 to
at a price of 100.93, a basis of
of $150,000 2i/2% school, Second 1962 inclusive, and $4,000 in 1963.
about 1.89%, to maturity.
Dated
Series bonds. Dated Oct. 1, 1949. A certified check for 2% of the
Oct.
15, 1949.
Due $25,000 on
Denomination $1,000. Due $10,000 amount of the bid is required.
53,000
222,000
30,000 as 2s, Due
.1976 and-1977.
June 1 in
on
Dated Dec. 1, 1947. The second
highest bidder was First Securi¬
ties Corp., Durham, and Byrne and
Phelps, Inc., jointly, for $35,000 as
5s; $84,000 as 2y4s; $171,000 as
2V2S, and $45,000 as 2%s, at a
price of 100.04, a basis of aboui;
,V..\
2.57%.
,
'
;
Y*r
...
«•
'
"
v.
Due
from
1956 to 1979 are subject to prior
Sykeston, N. Dak.
beginning
Nov.
1,
Bond Offering—F. W. Dummer, redemption
City Auditor, will receive sealed 1952, at varying premiums de¬
rids until 4 p.m. (CST) on Oct. pending on the date of redepiption.
Second high bid of 100.02
24, for the purchase of $5,500 4%
for $1,446,000 3s, $356,000 2*/2s,
dam and reservoir bonds.
Dated
and $498,000 2%s, or a net cost of
Dec. 1, 1949. Denomination $300
about 2.88 %, was made by a group
and $400.
Due $300 from 1951 to
1959 inclusive, and $400 from 1960 composed of Blyth & Co., Harris,
Hall & Co., C. Edgar Honnold &
to 1966 inclusive.
The approving
Co., and E. J. Prescott & Co.
opinion of Joan A. Layne, of
Fessenden, will be furnished to
Carter County (P. O.
the purchaser without cost.
Ardmore), Okla.
Bond Sale—The
Of the
174,000 2,60s.
at the
Bank of North Dakota, Bismarck.
egality
approved
by
Dorsey,
Cplman, Barker, Scott & Barber,
of Minneapolis.
000 in 1983;
Nov. 1 frpm
1950 to 1954 inclusive.
on
Charen,
A
Bond Sale—The $125,000
$256,000 6s. Due
NORTH CAROLINA
certified check for
payable to the Village, is
cost.
suitable banking
Columbus County (P. O.
Durham, N. C.
Bond Sale—The $214,000 stree
$930,
improvement—bonds offered Oct
required.
11—v. 170, p. 1446—were awarded
Orchard Park, Aurora, Hamburg, to the
Equitable Securities Corp.
Elma, West Seneca and Boston
of Nashville, at a price of par, a
Central Sch. Dist. No. 1 (P. O.
basis of about'X65%, as follows:
Orchard Park), N. Y.
$114,000 as l%s. Due on Feb.
out
any
institution designated by the
J.
Village Treasurer, will re¬
ton,
O.^Worcester),
(P.
sey,
a
"o"r $940,
s
v
ex-
multiple of Va or 1/10
of 1%. r The: approving: opinion
of Vandewater, Sykes, Heckler &
Galloway, of New York City, will
furnished
to
the purchaser
/ithout
No. 6
from 1951 tb 1959 inclusive.
as IViS.. Due
from 1960 Jo 1965
40.000 as l3/4s| Due
60,000
on Feb.
inclusive.
on
Feb.
from 196610 1969 inclusive.
Dated Aug.
lfi949.
Sunbury School District, N. C.
Squire, San¬
Dempsey, of Cleveland,
be furnished 'to the pur¬
&
ders
will
chaser at the Board's expense. A
bid is required.
Cleveland County Indep. Sch.
No.
1134—were
awarded
to
Hayden,
(P. O. Noble),
40
.
,
.
on
Oct. 15 from 1950 to 1969 inclusive.
Dec. 1 from 1951 to 1965 inclu¬
sive.
Bidders to
name
expressed in a multiple
of 1%. These bonds are the
interest,
of Va
balance of the
OREGON
the rate of
Yachats
Bond
Water
District, Ore.
North Versailles Jotpnship (P.
East McKeesport), Pa.
Offering—R. W. Wardell,
$550,000 issue au¬ District Secretary,
will receive
Bond
Sale—The $200,000
O.
sani¬
tary sewer bonds offered Oct. 10
thorized at the election held on sealed bids until 8 p.m. (PST) on
Nov.
—v, 170, p. 1447—were awarded
Bond Offering— W. E. Easter
1 from 195,0 to 1968 inclusive. The
Nov. 2, 1948. A certified check for Oct. 21 for the purchase of $35,000
to a group composed of E. H.
1 i n g,
Secretary of the Loca
secpnd highest bidder was Manu- Government
$1,500 is required.
water bonds.
Rollins
&
Commission
wil
Sons,
of
Phila¬
acturers and Traders Trust Co., receive sealed bids at his of¬
Jersusalem Local Sch. Dist, (P. O.
delphia, Singer, Dean & Scrib¬
PENNSYLVANIA
uffalo, and Roosevelt & Cress,
fice
in
ner, and
Fauset, Steele & Co.,
R. F. D. No. 1, Cprtice), Ohio
Raleigh,"^until
11
a.m
jointly, for 2.10s, at a price of
both
of
Pittsburgh,
as
2Vzs,
Abington Totpnship (P. O.
(EST) on Oct. 18 for the purchase
Bond Sale—J/The $175,000 build¬
Dated Nov. 1, 1949. Due on
•
100.23.
of $75,000 not to exceed 6% inter
est school coupon bonds. Dated
ing and equipment bonds offered
Oct. 6 — v. 170, p. 1241 — were
Sept. 1,1949. Denomination $1,000 awarded to Braun, Bos worth &
Due on March 1, as follows: $3,000 Co., Inc., as 2s, at a price of 100.44,
Abington),
Bond
Sale—The
Pa.
$300,000 cou¬
pon sewer bonds offered Oct. 11
public]
—v.
170, p. 1134—were awarded
mprovement 1949 bonds offered
to White, Weld & Co., of New
ct.
11—v.
170, p. 1445—were J from 1952 to 1962 inclusive; $4,000 a
basis of about 1.95% < Dated Oct.
York, and Hallowell, Sulzberger
warded to the Farmers & Manu- from 1963 to 1970 inclusive, anc
acturers National Bank, of Ppugh- $5,00 in 1971 and 1972. Principal 1, 1949. Due on Oct. 1 from 1950 & Co., pf Philadelphia, jointly, as
ly^s, at a price of 100.169, a basis
eepsie, as Is, at a price of 100.30,«and interestU (M-S> payable in to 1969 inclusive.
Poughkeepsie, N. Y.
Bond Sale—The $97,000
at
a
price of 101.19Q5, a basis of
about 2.396%. Dated Noy, 1, 1949
and due on Nov, 1 from 1951 to
1970
of
inclusive.
Second high
bid
100.60 for 2Y2S was made by
Blair
&
Co., Inc.,
Lestrange & Klima,
and Arthurs,
jointly.
5G
ment coupon
Pa.
Olyphant,
Bond Sale—The issue of $60,000
11 was award¬
bonds offered Oct.
ed
to
New
York,
Phelps,
&
Byrne
33As, at
as
of
Inc.,
price of
a
about 3.733%.
Dated June 1, 1949 and due on
Dec. 1, as follows: $25,000 in 1953;
100.10,
basis
a
of
and $20,000 in
Second high bid of 100.16
37/gs
was
made
by
Fox,
in
$15,000
1958.
for
1957,
Reusch & Co.,
Cincinnati.
Jan.
on
Olyphant School District, Pa.
Sale—The $42,000 school
bonds offered Oct. 11—v. 170, p.
1346 w were - awarded ' to
Fox,
Bond
at
a
1956
$3,000 in 1958 and 1959. Prin¬
cipal and interest (J-J) payable at
and
banking institution
designated by the purchaser. Bid¬
Co., Cincinnati, as 3%s,
ders to name the rate of
of
-
V'
of
price of par.
Jan.
on
$3,000 well
170, p.
Dandridge), Tenn.
Due
purchase of $250,4%
exceed
as
$5,000
follows:
Sept.
on
—were
/-///'y-//'■■■■■/•>'V
York
County Institution District
(
I
(P. O. York), Pa.
K
Bond
Sale—The $800,000 gen¬
obligation bonds offered Oct.
11—v. 170, p. 1346—were awarded
•to Drexel & Co., and Yarnall &
eral
Co., both of Philadelphia, jointly,
as
l%s/ at a price of 100.20, a
basis of about 1.35%. Dated Nov.
Due on Nov. 1 from 1950
1, 1949.
from
200,000 school bonds. Due $10,000
on
Sept. 1 from 1951 to 1970
inclusive.
curities
from
100,000
J
awarded to the
Robinson-Humphrey Co., of Atlanta, on a bid reflecting a net in¬
terest
Oct.
were
Due
on
Oct.
on
Lenoir
net in¬
a
of about 1.87%.
•on
Oct.
11
Coke County (P.
O. Robert Lee),
Texas
"
000
to
■
the Robert Lee
tional
as
City, Tenn.
of
$75,-
hospital bonds has been sold
Robert
from
1950 to
Kalman
&
1964
Co.,
in¬
v.
second
.
.
l
J
man, Barker, Scott & Barber, of
Minneapolis, will be furnished to
the
purchaser
certified
/
terest
New
1971,
in
$260,000
and
name
1979.
the rate of inter¬
(J-D) payable at
without
check
cost.
A
for $600,
payable
to the City Treasurer, is required.
Veblen
Indep. Sch. Dist., S. Dak.
Bond
Brakke,
ceive
Offeri ng
District
sealed
(CST)
on
bids
Oct.
—
Grant
Clerk,
19
will
until
for
M.
re¬
8
p.m.
the
pur¬
chase of $16,000 not to exceed 3%
interest
building
and
improve¬
a
certified
check
for
Lee
Bank,
of
2V2S.
State
the
and
of
Na¬
jointly,
Bronte,
///•,,/
-
Bank
First
//' V /'/■•/.,//
York
nished.
$6,000
170,
1951
City.
A
r
The
check
certified
for
.
Co., New York City, at 0.78% in¬
terest, plus a premium of $32.
Dated Nov. 7, 1949 and due on
May 5, 1950.
street
time
fund
Oct.
3—v.
170,
p.
sold
as
bids
were
no
offered
warrants
chased by
Marshall, Texas
Bond
Sale
—
The
$50,000 water
improvement system general ob¬
ligation tax bonds has been sold
to
the Dallas Union
Trust
Co., of
bid reflecting a net
Dallas, on a
interest cost of about 2.84%. Dated
Aug. 15, 1949. Legality approved
by McCall, Parkhurst & Crowe,
of Dallas.
Sourlake
Bonds
Indep. Sch. Dist.,
Sold—An
issue
of
Texas
$150,-
Due
for
$1,600,
pay
thereafter..
Dated
Sept. 1
The
—
$20,000
bonds
improvement
pur¬
the Bank of Prairie du
Sac, as 2y4s, at a price of 102.05,
previously noted in v. 170, p.
1348, will mature $1,000 on Aug. X
as
from 1950 to 1969 inclusive.
WEST VIRGINIA
West
Virginia (State of)
Bond
Offering—Okey L. Patter¬
son, Governor, will receive sealed
bids until 1 p.m. (EST) on Oct.
19 for the purchase of $1,000,000
Woodson
Indep. Sch. Dist., Texas
Sale—The
Bond
First
$60,000 school
Sept.
29
were
offered
awarded
Throckmorton
the
to
National
Bank, of
Throck¬
morton, at a price of par, as fol¬
lows:
J■)
1950
Due
to
2s. Due
as
to
1960
The
2%s.
as
from
on
Oct.
Oct. 1 from
on
inclusive.
1969
First
Texas
of
Corp.,
$30,000
for
3y4s,
as
at
was
San
An¬
and
2V2s,
as
a
■! Bonds
price
of
Oct. 1, 1949.
$1,000. Due $3,000
Oct. 1 from 1950 to 1969 inclu¬
are
interest
road
1, 1948. Coupon,
$1,000 denomination,1
convertible into fully - registered
bonds of $1,000 and $5,000 denom¬
inations. Due $40,000 on Dec. 1
from 1949 to 1973 inclusive. Prin¬
cipal
and
payable
(J-D)
interest
Treasurer's office, or,
at the State
at the
option of the holder, at the
City Bank, New York
City. Bidders to name the rate of
interest, expressed in a multiple
National
dated
approving opin¬
Caldwell, Marshall, Trimble
Mitchell, of New York City,:
ion of
&
will be furnished to the
certified
A
check
Bonds
maturing in 1960 to
subject to call 1C
years from their date.
Principal
and interest (A-O) payable at the
State Treasurer's office.
Legaltiy
approved by Dumas, Huguenin &
1969 to be made
purchaser.'
2%
of
the
WYOMING
Rawlins,
fv
Wyo.
Sold^-The
Bonds
$86,000 bonds
($50,000 water system and $36,000
system) offered on Sept. 19
sewer
awarded
were
Kalman
Minneapolis,
&
1.60s, at
to
of
of
Boothman, of Dallas.
for
bonds, payable to the State, is re¬
quired.
Denomination
sive.
4%
in
bonds
of y4 of 1%. The
second highest bidder
tonio,
1
inclusive.
1959
exceed
to
a
Co.,
100.127,:"':.
as
price
WASHINGTON
CANADA
Bremerton, Wash.
Bond Offering
Gowan,
E. H. T. Mc-
—
City Clerk,
will
receive
sealed bids until 12:15 p.m. (PST)
on
Oct. 19 for the purchase of
$450,000 water and
bonds.
from
sewer revenue
Denomination
1951
to
1973
$1,000. Due
inclusive.
school
—
The
bonds offered
7
to
Dated
6,
bills
Oct.
7,
1949.
has
interest.
Due
on
Jan.
1950.
r
—
QUEBEC
K*."; ■/ '
;<■7
1 -i
Acton
ous
$7,000,000
Oct.
$75,000,000 treasury
sold,
at
0.51%
been
v.
bonds
awarded
f.
vari-^
$55,000
offered
to
V,
Value, Que.
Sale—The
Bond
King County Sch. Dist. No. 1
(P. O. Seattle), Wash.
Sale
of
(Province of)
Sold—An issue
Bills
Treasury
Le¬
gality approved by Preston, Thorgrimson & Horowitz, of Seattle.
Bond
Canada
Oct.
4
were/
the
Dudley Dawson,,
Ltd., of Montreal, at a price of'
98.13, a basis of about 3.39%, as,J
follows:
$22,000
*
«
3s. Due
as
1950
33,000
to
from
Dated
1959
on
1960
inclusive.
inclusive.
to 1969
Sale
—
^
The
1
Chase
Bonds Sold—An
000
;
|
issue of $360,-
bonds has
town
-
been
sold
to*;
$7,000,000 J. F. Simard & Co., of Ottawa, ah5
7 — v. a price of 97.33, a basis of about
bonds offered Oct.
170, p. 1343—were awarded to a
syndicate composed of the Harris
Trust & Savings Bank, of Chicago,
National
Bank, Chemical
Co., Salomon Bros.
& Hutzler, all of New York, Na¬
tional
Bank of
Commerce/ of
Seattle, Central Republic Co., of
Chicago, R. H. Moulton & Co., of
San Francisco, Schoellkopf, Hutton & Pomeroy., of Buffalo, Foster
& Marshall, of Seattle, Kean, Tay¬
lor & Co., W. H. Morton & Co.,
both of New York, Stern Bros. &
Bank
\
Sept. 1, 1949.
Gatineau, Que.
Bond
1
Sept.
on
1969 inclusive.
King County Sch. Dist. No.
(P. O. Seattle), Wash.
school
]
Sept. 1 from
3y4s. Due
as
1136—were not
received.
on
bonds. Dated Dec.
/
3.70%,
Principal and interest Faul, both of Portland, at a pirice
follows:
as
$81,000
3s. Due
as
-
on
279,000
as
from
Dated
|
Sept. 1 from ;
1950 to 1959 inclusive.
& Trust
Corp. of Texas, of San Antonio, as
2s, and 2y4s. Dated Sept. 1, 1949.
elusive. All interest rates bid Due on Sept. 1, as follows: $11,000
Co., of Kansas City, Andrews &
must be in multiples of y4 of from 1950 to 1952 inclusive; $12,Wells, Inc., of New York, A. Web¬
1%, with not more than two 000 from 1953 to 1955 inclusive; ster Dougherty & Co., of Philadel¬
rates to apply, provided, how¬ $13,000 from 1956 to 1959 inclu¬
phia, Bramhall & Stein, of Seattle,
ever, that no more than one sive; $14,000 in 1960, and $15,000
Breed & Harrison, of Cincinnati,
interest rate may be named in 1961. Optional Sept. 1, 1959, or
Fordyce & Co., and Hess & Mcfor any one maturity. A cer
on
any
interest
payment
date
check
Cobb State
par.
Sac, Wis.
Bond Sale Details
not
Board, is required.
170, p. 1343—were awarded to the
syndicate headed by the Harris
Trust & Savings Bank, of Chicago,
Jefferson County (P. O.'
at a price of 102.19, a
basis of
Beaumont), Texas
about 2.12%, for $895,000, as 4s,
Warrants Not Sold—The $220,and $6,105,000 as 2y4s. Dated Nov.
500 not to exceed 3% interest gen¬
1, 1949. Due on Nov. 1 from 1951
eral
sewage
1966 inclusive.
to
Prairie du
Land
1348—were awarded to
p.
$8,000 on
July 1 from 1950 to 1959 in
tified
the
awarded to
were
$100,000, payable to the Veterans'
the Central Hanover Bank & Trust
000 school house bonds has been
payable to the County Trustee
80,000 not to exceed 3% interest sold to the Columbian Securities
school bonds.
$8,000
system bonds
offered Oct. 11—v. 170, p. 1448—
bank in
a
approving
opinion of McCall, Parkhurst &
Crowe
of Dallas,
will be fur¬
on
issue
Sold—An
Bonds
$300,000 not to exceed 3y2% inter¬
est school bonds. Due July 1,
highest bidders, named a rate of
as follows: $6,000 in
1950, $7,2.40%.
; -V .y./
000 in 1951 to 1953, $8,000 in
r
1954 and 1955, $9,000 in 1956
Selby, S. Dak.
Bond
and 1957, $10,000 in 1958 and
Offering—Stewart Cook,
City Auditor, will receive sealed
1959, $19,000 in 1960, $20,000
bids
until
2:30 p.m.
in 1961 and 1962, $21,000 in
(CST) on
Oct. 27 for the purchase of $30,1963 and 1964, $22,000 in 1965,
4)00 not to exceed 3% interest pav¬
$23,000 in 1966, $24,000 in 1967
and 1968, and $25,000 in 1969.
ing,
General
obligation
bonds.
Dated Nov. 1, 1949. Denomination
All bonds maturing on and
after July 1, 1960, shall be
$1,000. Due on Dec. 1, as follows:
callable at the option of the
$1,000 in 1950; $2,000 from 1951
to 1963 inclusive, and $3,000 in
County on any interest pay¬
1964.
Bonds maturing after Dec.
ment date on and after July 1,
I, 1959, to be redeemable on said
1959, at par and accrued in¬
<late and
terest
in
inverse
numerical
any
interest payment
date
order. All interest rates bid
thereafter, at par and ac¬
crued interest, in inverse order of
must be in multiples of V\ of
.serial numbers. Principal and in¬
1%, with not more than three
terest (J-D) payable at any suit¬
rates to apply, provided how
ever that
able bank or trust company designo
more
than one
interest rate may be named
nated by the purchaser.
The ap¬
for any one maturity. Enclose
proving opinion of Dorsey, Colclusive.
Wis.
plant and
—
':
•
1978,
$30,000
.
-
in
100.30.
J. C. Bradford
2.59%. /■'■
disposal
est, expressed in a multiple of Y\
or 1/10 of 1%.
Principal and in¬
The second
1962.
was
and
Bidders to
Union Planters
bid reflecting
on a
terest cost
Co., First National Bank, Mem¬
phis, and Associates, on a bid re ¬
flecting a net interest cost of
Oct. 1 from
was
National Bank & Trust Co., Mem¬
&
about
Nash¬
$225,000
1970,
$230,000 in 1972, $235,000 in 1973,
$240,000 in 1974, $245,000 in 1975,
$250,000 in 1976, $255,000 in 1977
30,000
highest bidder
phis,
in.
$30,000
a
1.86%.
1950 to 1964 inclusive.
1, 1949. The second
highest bidder
Cobb,
Sale—The
Bond
1968, $215,000 in 1969, $220,-
Due on Aug. 1 from
Aug. 1, 1949.
Oct. 1
and
net in¬
Dated
bid reflecting
on a
terest cost of about
1.58%. Dated
of about
1949.
1,
and
Due
10—v.
Delta County (P. O. ■y//:
Bond
1950 to 1958 inclusive. The second
Offering — Alex Bailey,
Cooper, Texas
highest bidder was R. S. Dickson City Recorder, will receive sealed
Bonds Sold
An issue of $500,dc Co. on a bid reflecting a net in¬ bids until Oct. 24 for the purchase
terest cost of about 1.61%.
of $60,000 not to exceed 4% inter¬ 000 road bonds has been sold to
est municipal memorial building C. N. Burt & Co., of Dallas, BarSOUTH DAKOTA
bonds.
These bonds were origi¬ cus, Kindred & Co., of Chicago,
and Rauscher, Pierce & Co., of
nally offered on Oct. 10.
JLincoln County Indep. Sch. Dist.
Dallas, jointly. These bonds were
No. SO (P. O. Worthington),
Marshall County (P. O, '
authorized at the election held on
South Dakota
Lewisburg), Tenn.
July 23, and are part of the $526,Bond Sale—The $15,000 school
Bond Offering — J. M. Taylor,
000 issue.
'
-h
>;•'!.*« -v;bonds offered Oct. 11—v. 170, p.
County Judge, will receive sealed
1447—were awarded to the Farm¬
bids until 1 p.m. (CST) on Oct. 31 Houston Housing Authority, Texas
ers State Bank
of Canton, as 2s.
Note Sale —The $2,131,000 28th
for the purchase of $380,000 bonds,
Dated Oct. 11, 1949 and due $1,000
series notes offered on Oct. 13—
divided as follows:
,
s
cost
ville,
on Oct. 1
1960 inclusive.
to
$150,000 road
170, p.
Oct.
berland Securities Corp., of
Due
2Vfes.
1961
Dated
$116,000 assess¬
ment bonds offered Oct. 7—v. 170,
—
1954
as
in 1956, $170,-
in
000
bonds
\
awarded to the Cum¬
1243—were
'50,000 as 2%s. Due on Oct. 1
1
from 1963 to 1966 inclusive.
Bond Sale—The
1346
2Y*s.
as
Sale—The
Bond
bonds offered
Corp.,
$200,000
follows: $85,000
as
O. Lebanon),
Tennessee
syndicate
a
(P.
County
school
jointly, at a price of par, a basis
of about 2.59%, as follows:
>
;Columbia, S. C.
p.
Wilson
of
Nashville,
Davidson Co., of Jackson, Fisher
Hawes & Co., of Knoxville, and
W. N. Estes & Co., of Nashville,
in
SOUTH CAROLINA
to
;
composed of the Cumberland Se¬
1969 inclusive.
to
awarded
bonds. Dated Oct. 1, 1949.
Denomination $1,000. Due June 1,
000
1
1960 inclusive.
1951 to
1956
required. '■
Oct. 26 for
from
to
bonds offered Oct. 6—v. 170, p.935
/
on
$205,000 in 1966, $210,000 in 1967
11
/;/''95;';I;/
1
Bond Sale—The $500,000
(CST)
purchase of $5,000,000 not to
exceed 3% interest veterans' land
1961, $190,000 in 1962 and 1963,
$195,000 in 1964, $200,000 in 1965,
not
Morris
purchaser without cost. A certified
check for 2% of the bonds, pay¬
able to the District Treasurer, is
a.m.
the
interest
until
bonds, divided
to
until 10
1, 1949.
WISCONSIN
Bank, at a price of
Sept. 1, 1949.
Due
000
from 1951
will receive seal¬
a.m.
(EST) on
Dated Nov.
griff, Secretary Veterans' Land
Board, will receive sealed bids
$50,000 street improvement bonds.
■'''•■■
White, as 3s, at a
Dated Oct. 1, 1949.
1
Vandy-
Alvis
—
as 2y4s. Due on Nov. 1
from. 1954 to 1969 inclusive.
6,105,000
(State of)
Offering
coupon
of the Board of
Dated Sept. 1, 1949.
School
Directors,
will
receive inclusive.
Principal
and interest (M-S) payable at the
sealed bids until 8 p.m. (EST) on
TENNESSEE
Central Hanover Bank & Trust
Oct. 25 for the purchase of $400,Carter County (Pi O.
000 improvement coupon bonds.
Co., New York City. Bidders to
name
the
rate
of
Dated Nov. 1, 1949. Denomination
interest, ex¬
Elizabethton), Tenn.
$1,000. Due $20,000 on Nov. 1 from
Bonds Not Sold—The $1,685,000 pressed in a multiple of V\ of 1%.
1950 to 1969 inclusive. Bidders to not to exceed 3% interest bonds The approving opinion of Chap¬
man & Cutler, of Chicago, will be
name
the
rate
of
interest, ex¬ offered Oct. 3—v. 170,
p.
935—
pressed in a multiple of Vs of 1%. were not sold as all bids were re¬ furnished to the purchaser with¬
out cost. A certified check for $5,The approving opinion of Townjected.
000, payable to the Town, is re¬
send, Elliott & Munson, of PhilaJefferson County (P. O.
quired/*
delphia, will be furnished to the
Secretary
shall,
Texas
Bond
1957, $175,000 in 1958 and
1959, $180,000 in 1960, $185,000 in
bids
ed
Oct. 26 for the
to
Tenn.
Bond Offering—Paul E. Walker,
..•»
6—v.
awarded
1243—were
Due
Oct.
offered
Madsen,
The
—
ville, or at the County Trustee's
office, at the option of the holder.
The approving opinion of Chap¬
man & Cutler, of Chicago, will be
furnished to the purchaser ^with¬
Town Recorder,
White, S. Dak.
Sale
Bond
July 1, 1949.
Principal
(J-J) payable at the
National Bank, Nash¬
interest
Morristown,
District.
certified check for $320,000 is
required.
Austin.
,
American
Barker,
will be furnished by the
A
Dated
and
at the National Bank, of 102.19, a basis of about 2.12%,
Legality approving opin¬ as follows:
ion of Vinson, Elkins, Weems &
$895,000 as 4s.
Due on Nov. 1
Francis, of Houston.
from 1951 to 1953 inclusive.
Trustee, is payable
\
out cost.
Minneapolis,
of
Barber
&
Scott
Colman,
Dorsey,
bonds
Springfield Twp. Sch. Dist. (P. O.
Springfield), Pa.
Bond Offering—Harriet S.Mar¬
interest,
expressed in a multiple of V\ or
1/10 of 1%. The approving opin¬
price of 100.02. Second high
100.10 for 4s was made by
Byrne & Phelps, Inc.
suitable
any
of
bid
1, as follows: $2,000 in
1952; $1,000 from 1953
inclusive; $2,000 in 1957,
and
1951
to
required.
Monday, October 17, 1949
CHRONICLE
FINANCIAL
&
able to the County
bonds. Dated Oct. 1,
$1,000. Due
Denomination
1949.
ion
Reusch &
COMMERCIAL
THE
(1544)
3^s. Due
•,
Sept.
on
1960 to 1964 inclusive.
L
;
Sept. 1, 1949.
I
Hull, Que.
$981,000 mu-J
nicipal works bonds offered Oct.;
Bond
3
Sale—The
awarded
were
Young,
Weir
Gouinlock
&
&
Co.,
ronto, jointly, at
a
basis
of
about
to
Co.,
a
McLeod,;
and
Bell/
both of To¬
price of 97.13/'
3.80%, as fol-f
lows:
$151,000
from
830,000
from
Dated
as
3y4s. Due
1950
as
to
1954
3y2s. Due
1955
Feb.
to
1,
1963
1948.
on
Feb.
1/
inclusive,!
Feb. I?
inclusive
on
f
@FedFRASER